The Business Times, 26 June 1984
1984-06-26
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The Business Times
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Title Section11 1984-06-26 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, JUNE 1184 60 CENTS11 words
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516 1984-06-26 1 SOH TIANG KENG - By SOH TIANG KENG, Banking Correspondent STERLING TOOK a heavy pounding in the foreign exchange markets yesterday, sinking to an all-time low against the Singapore dollar and the US currency. In a nervous market in Singapore, the British currency plunged to a516 words
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Article72 1984-06-26 1 Reuter THREE OF the largest banks In the US yesterday raised their prime lending rates by half a point to IS per cent. The rise, announced by First National Bank of Chicago, Citi- bank and Chemical Bank, was the fourth Increase in foar months. InReuter - 72 words
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188 1984-06-26 1 Bernama SINGAPORE Airlines yesterday denied that a conspiracy exists between it and British Airways to prevent Malaysian Airlines System from obtaining additional flights to London. SlA's general manager for Peninsular Malaysia, Roney KL Tan, said in a statement that there was noBernama - 188 words
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263 1984-06-26 1 JOHN LIM - By JOHN LIM A WATCHDOG association is to be set up to ensure that smalland medium-sized South Korean construction and engineering sub-contractors operating here are above board and honour contractual obligations. This follows at least three small Korean sub-contractors deserting their employees263 words
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248 1984-06-26 1 ONE OF THE three unionists who challenged the move to split the Singapore Air-Trans-port Workers' Union (Satu) into three house unions has been stripped of his office. The unionist, Mr Clement Joseph, had his shop stewardship revoked yesterday248 words
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111 1984-06-26 1 SINGAPORE registered cars and commercial vehicles will not be spared when tolls are imposed on motorists commuting between Johore Baru and the Republic. A spokesman of the Malaysian Works Ministry said all vehicles except motorcycles will have to pay the toll when leaving Johore111 words
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Article, Illustration102 1984-06-26 1 THE SINGAPORE stack market was deep la gloom yesterday, with bath the BT Campaslte Index aad the Straits Times Industrial Index finishing at their lawest levels far more thaa a year. At the ead of the day, marked falls ia same cam paBeat stacks eaased the BT Campssite102 words
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344 1984-06-26 1 WANG LOOK KEAH - By WANG LOOK KEAH ALL TRANSACTIONS carried out at post offices in Singapore will be computerised by mid--1966. A computerised system will be introduced in three stages starting from the middle of next year. Terminals installed at post offices will be connected to344 words
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Article, Illustration367 1984-06-26 1 LEE HAN SHIH - By LEE HAN SHIH SINGAPORE has finally realised its objective in getting a major American company to invest in the manufacture of entire computer systems. Data General announced yesterday that it was investing 115 million in a Tuas flatted factory, to be staffed367 words
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Article105 1984-06-26 1 Reuter REUTERS and United Press International (UPI) have signed a photo exchange agreement which will enable Reuters to launch a full news pictures service outside the US in January 1985. Under the 10-year deal, UPl's photos from the US will form part of an international service deliveredReuter - 105 words
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Page 1 Advertisements
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Advertisement81 1984-06-26 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Hi-tech Feelin' Thanks to advanced features like an exclusive Fethalite "horseshoe" incorporated into the midsole. The New Balance 770. If running is highly important to you, you'll find it very comforting. See the lull range of New Balance product! at■teaee TmUhl Cart* ISO, Orchard81 words
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Advertisement247 1984-06-26 1 See page 5 SHARE INFORMATION 13 RAW MATERIALS 10 MONEY EXCHANGES 7 FOR THE first time this year, the number of visitors from Japan Singapore's second biggest market showed an increase in April. Lim Soon Neo reports. Page 2 A SWEDISH data-processing training package will soon be available on the247 words
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Advertisement8 1984-06-26 1 Full report, Pao« 13 Asian stocks, Pag* 118 words
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Advertisement130 1984-06-26 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Our Computer Collections: United Banks' computers will now collect your company's regular receipts automatically from accounts with any bank in Singapore. Simply ask your customers to let us collect the agreed amount from their account on the specified date, and we'll credit it to130 words
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HOME NEWS
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559 1984-06-26 2 LIM SOON NEO - By LIM SOON NEO FOR THE first time this year, the number of visitors from Japan, Singapore's second biggest market, showed an increase to 25,717 in April. Compared with the previous year, this is an increase of 7.1 per cent, and comes after successive559 words
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223 1984-06-26 2 JOHN LIM - By JOHN LIM HONEYWELL&ynertek, which assembles integrated circuits (IGs) In Singapore, will invest $2 million in an IC design centre here. The IC design centre is expected to be in operation by the first quarter next year to serve the custom and223 words
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198 1984-06-26 2 SINGAPORE's contemporary history ud its economic saeeess has been crystallised la words, this time by British aathor Jo ha Drysdale In his book "Singapore: Straggle for Saeeess". Tbe book, to be sffleiaily iauached this eveaiag, Is a scholarly insight Into tbe nation's198 words
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296 1984-06-26 2 THE ADVANTAGES of enteral, or tube feeding, allowing patients to return more quickly to a normal diet were outlined by four leading scientists at a one-day symposium held at The Pavilion Inter-Continental hotel on Saturday. Parenteral feeding manner of feeding other than296 words
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560 1984-06-26 2 JEFFREY TSANG - By JEFFREY TSANG INTERNATIONAL Business Machines (IBM) yesterday joined the computer price war when it announced price cuts ranging from 13 to 23 per cent in its line of personal computers. This is the first major price reduction560 words
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88 1984-06-26 2 ABOUT $94,000 in fines was slapped on more than 160 companies for polluting the air and for not maintaining an operating pollution control equipment last year. Tliis amount is $44,000 more than the total fines collected in 1982. The 1963 annual report of88 words
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77 1984-06-26 2 THE Vocational and Industrial Training Board is to hold a one-day seminar entitled "VITB Training for School Leavers" on Thursday at the Plaza Hotel. The objective is to familiarise teachers of Primary 8 Monolingual (PBM) classes with vocational training opportunities available for PBM school leavers.77 words
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Article59 1984-06-26 2 OVERSEAS Union Bank yesterday announced a quarter percentage point increase in its prime rate, from 9.5 per cent to 9.75 per cent. The interest rate on savings account is also up a quarter percentage point. The new rate on savings is 7.75 per cent. There is59 words
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Article32 1984-06-26 2 PART OF Cuppage Road will be closed from tomorrow. Motorists going to Centrepoint or Cuppage Centre, however, can enter Cuppage Road from Kramat Road Clemenceau Avenue.32 words
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285 1984-06-26 2 WANG LOOK KEAH - By WANG LOOK KEAH, Transport Correspondent SINGAPORE and Sri Lanka have failed to conclude a new air services agreement under which the national carriers of the two countries would have operated. Negotiations from June 20 to June 22 in Colombo were adourned285 words
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Article, Illustration140 1984-06-26 2 LINCOLN Cheng Ling Ka has been appointed managing director of Business World Services Pte Ltd, which has been appointed distributor for Steelcase. As managing director, Mr Cheng, 36, will work closely with developers, consultants contractors and various government bodies on office planning and ergonomics. SIME DARBY Systems140 words
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Article, Illustration270 1984-06-26 3 TSANG SAU YIN - By TSANG SAU YIN THE BUILDING contract for the Serangoon Gardens Country Club has been awarded to Greatearth Construction, a local contractor. --The $9.5 million contract is for building a threestorey clubhouse with landscaped courtyard, Qlympic-size swimming pool and other sports facilities such as270 words
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TRADE TALK
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Article104 1984-06-26 3 has introduced two new series of integrated, distributed systems for computer-aided engineering, design, and manufacturing (CAE/CAD/CAM). The new Computervision Distributed Systems (CDS) are designed to provide enlarged growth potential for Computervision customers with Designer V-X and CDS 4000 systems, the core systems which are available lyThe two new104 words
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Article, Illustration110 1984-06-26 3 has intro- duced a new Hook-a-plug Holder. This plastic gadget is designed to hold electrical plugs neatly and securely when more than one plug is sharing a single electrical socket point. Since no pins or screws are required, mounting it is easy with the aid of a tough 45110 words
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Article108 1984-06-26 3 four-wheeled ar- moured personnel carrier, developed by Vickers Defence Systems on Tyneside, will make its debut at the British Army Equipment Exhibition in Aldershot this month. The "Vickers Valkyr" is capable of transporting 10 combat-ready troops, complete with their equipment, at speeds up to 100km/ph and, is the108 words
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Article, Illustration141 1984-06-26 3 Lti of Birtley, County Durham, England, has introduced a directmounting differential- pressure gauge for the range of Oil-X compressed-air filters. The new gauge has a centralised scale which can be read in either direction and shows at a glance when the filter element needs changing. The141 words
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253 1984-06-26 3 JEFFREY TSANG - By JEFFREY TSANG FACTORING for small businesses is still not a well established service, but a major factoring company is making increased efforts to change this. Factoring is the purchase of a business's accounts receivable by the factor from his client. This253 words
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383 1984-06-26 3 KOH TSE YING - By KOH TSE YING A SWEDISH data-processing training package will soon be available on the Asean market with the agency tie-up between Statskonsult International (Sintab) of Sweden and Systems Education Centre (SEC), a subsidiary of the National Computer Board. The contract was signed a month383 words
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Article72 1984-06-26 3 THAI International Airways has started flights to Muscat, the capital of the oil-rich Sultanate of Oman. The twice weekly Bangkok-Karachi-Muscat service using the 224-seater Airbus 300 aircraft operates every Thursday and Sunday from Bangkok. Flights from Muscat are on Fridays and Mondays. Consequently, Bangkok-Karachi flights72 words
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Page 2 Advertisements
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Advertisement206 1984-06-26 2 The Garden Terrace House of Your Dream sunrise viiuu* Exclusive 2-storey split-level Garden Terrace Houses $4 W Situated at Thomson/Yio Chu Kang Rd area Near Yio Chu Kang/Ang Mo Kio MRT Station Phase I Phase II r TiTl Now Open or L i I jf/K Bookings! 7 public open spaces/206 words
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Advertisement197 1984-06-26 2 V [i 10 WORK FOR YOU 24 hours day after day, week after week and month after month AT A ONE-TIME COST OF You record your voice one and your recorded voice will answer all incoming calls. The machine automatically records all messages left by the callers. Every detail of197 words
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Page 3 Advertisements
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Advertisement131 1984-06-26 3 TO SSS CT With a remarkably flexible bracelet, gold or stainless steel/gold Concord Centurion. As elegant as it's tough. resistant. Quartz. Shock-resistant. 18K gold and diamonds, Completely handcrafted in Switzerland. CONCORD K Am Midi Cantra P Parada Chm Chaan| j i St"*' C»«re 70 North B'>dga load Scoffs WMdm t131 words
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OVERSEAS
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341 1984-06-26 4 UPI CHINA IS smashing its communal "iron rice bowl" with urban economic reforms aimed at creating new wage incentives for city workers, Chinese economic planners said yesterday. Beginning this fall, China will gradually allow its 390,000 state enterprises to sell any surplus production and funnelUPI - 341 words
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Article106 1984-06-26 4 UPI CHINA will not support North Korea if it again invades South Korea. Japanese newspapers, quoting members of a Japan Socialist Party delegation which visited China recently, said yesterday that Zhang Xiangshan, an international liaison department adviser, said that China "cannot support North KoreaUPI - 106 words
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316 1984-06-26 4 Reuter WEST GERMANY is likely to lose at least 360,000 cars and commercial vehicles, equivalent to the car industry's output for a full month, because of the IG Metall Union strike. The car industry association, VDA, said in a report onReuter - 316 words
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362 1984-06-26 4 NYT ORDERS FOR machine tools jumped 27 per cent in May from April as the US industry continued its month-by-month strengthening, the National Machine Tool Builders Association said. The gain followed a 23 per cent rise in April. "It's encouraging that theNYT - 362 words
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109 1984-06-26 4 Reuter INDONESIA'S director-general of oil and gas, Mr Wijarso, will be replaced tomorrow and more top changes are likely as part of a major oil industry reorganisation. Government sources in Jakarta said yesterday that Mr Wijarso will be replaced by Mr Soedarno,Reuter - 109 words
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199 1984-06-26 4 UPI CHILDREN from a Cambridge, Massachusetts elementary and junior high school tackle a challenging topic, the problem parent, in a new book. "The Kids' Book About Parents," written by 31 students aged 11 to 14 at the Fairweather Street School with the help ofUPI - 199 words
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Article201 1984-06-26 4 NYT WHEN Republicans gather in Dallas in August to nominate President Reagan for re-election, nearly half the delegates will be women. About 45 per cent of the 2,235 delegates will be women, according to projections by officials of Reagan-Bush *84. This is almost double the rate atNYT - 201 words
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Article127 1984-06-26 4 Reuter BRITAIN'S Lord Carrington took office as Nato secretary-general yesterday and said the Atlantic Alliance was "in pretty good shape". The 65-year-old former foreign and defence secretary arrived for work in the official olive-green Rolls Royce given up last Friday by his predecessor, Dutchman Joseph Luns. AskedReuter - 127 words
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166 1984-06-26 4 WITH HONGKONG courts poised to consider cases involving the former Carrian empire, the first of what is likely to be many books concerning the rise and fall of the financial group and the Malaysian involvement has already hit the streets. "The Carrian File",166 words
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Article729 1984-06-26 4 ARRIVALS Operator Stnict Local From RBA SIA CPA GIA SIA BW2I SQ103 CX710 GA960 SO 105 1000 1005 1035 1100 1105 BWN KUL HLP HLP KUL SIA SIA MAS MAS OA SIA SIA SQ201 SOI91 MH603 GA940 SQ238 1115 1210 1230 1235 1235 1240 1255 HLP PEN729 words
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461 1984-06-26 5 UPI BRITISH OFFICIALS have made clear that Prime Minister Margaret Thatcher will again wield her veto at a summit meeting of the European Economic Community unless she obtains a major and long-term reduction m Britain's contribution to the trade bloc's budget. Heads of stateUPI - 461 words
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Article, Illustration220 1984-06-26 5 UPI HUNDREDS of thousands of supporters of keeping France's private schools independent of government control turned out in a massive show of opposition against the socialist administration's education policy. The demonstration on Sunday against a government proposal aimed at extending state control over private schools,UPI; UPI photo - 220 words
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346 1984-06-26 5 UPI THE RULING party of the Philippines yesterday approved a close friend of First Lady Imelda Marcos and her family as National Assembly speaker, a critical post should her husband die during his term. Nicanor Yniguez, 68, a veteran politician from Mrs Marcos's homeUPI - 346 words
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469 1984-06-26 5 President and Speaker locked in dispute AP A POWER STRUGGLE in Iran between President All Khamenei and Parliament Speaker Hajetoleslam Rafsanjani has delayed the country's long-ex-pected offensive against Iraq. Arab and Western analysts in Kuwait said yesterday that the split was largely responsible for theAP - 469 words
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154 1984-06-26 5 Reuter THE WEST GERMAN government will pay Deutsche Lufthansa AG, the state-owned airline, 63.2 million Deutschemarks in compensation for lost business incurred during work to rule action by German air traffic controllers in 1973. Lufthansa spokesman Helmut Kaulich said the payment hasReuter - 154 words
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125 1984-06-26 5 AP THE MANAGING director of the government-owned Malaysian Airlines System said Britain's recent rejection of its request (or an additional flight to London is designed to protect British dominance over the Singapore-London route. Abdul Aziz Abdul Rahman told the national news agencyAP - 125 words
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WORLD IN BRIEF
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Article69 1984-06-26 5 THE Zimbabwe government is to ban all demonstrations following more than a week of violent protests in which at least five people were killed by supporters of Prime' Minister Robert Mugabe's Zimbabwe African National Union-Patriotic Front (Zanu-PF) Party. Minister of Mines Maurice Nyagumbo announced yesterday that the government69 words
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Article45 1984-06-26 5 MARRIED Japanese women want larger families and the majority of them endorse in-vitro fertilisation. According to a survey conducted by the Mainichi Shim bun newspaper, the number of children desired by married Japanese women averaged 2.56, reflecting a slight increase over previous years.45 words
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Article69 1984-06-26 5 BRITAIN'S economic recovery is continuing, the Confederation of British Industry (CBI) said in a statement on its June survey of manufacturing industry. The survey of 1,762 firms showed 29 per cent expect the volume of their output to increase over the next few months, 60 per cent expect69 words
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Article90 1984-06-26 5 AMERICA'S General Accounting Office has concluded that the Defence Department used Federal funds improperly for much Of its large scale military construction and training activities in Honduras over the past two years. The report by the watchdog Congressional agency was obtained on Sunday by Bill Alexander of Arkansas,90 words
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Article46 1984-06-26 5 THE PAKISTAN government is making 16 new categories of goods freely importable in financial 1964/85 beginning July, Commerce Secretary Izharul Haq said in a radio broadcast. The items include some forms of high carbon, stainless or beat resisting steel and other alloys of steel.46 words
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Article71 1984-06-26 5 A BITTER confrontation over conditions in Turkey's military jails, in which at least 10 prisoners have fasted to death, appears to have reached stalemate and more deaths are likely. Officials say more than 100 prisoners in at least two cities are still fasting in the second wave of71 words
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Article67 1984-06-26 5 Agencies MALAYSIA is prepared to discuss with the Dutch government the possibility of salvaging the sunken wreck off Mersing provided several conditions are met, Minister in the Prime Minister's Department Datuk Dr James Ongkili said on Sunday. He said the Dutch Government should bear the costs of theAgencies - 67 words
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Page 4 Advertisements
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Advertisement225 1984-06-26 4 Vm r>] \i u wz\i 73 imifS 75 v TiJkfi I Conqueror means business In today's highly competitive business world, every advantage counts. To stand out from the rest, you not only have to sound good on paper, you have to look good too. When you put your business proposals225 words
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Advertisement11 1984-06-26 4 Pan Am First Class. Space. First In Luxury. First In Comfort.11 words
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Page 5 Advertisements
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Advertisement322 1984-06-26 5 We've got them where you want them 1 t-'-irat CECIL ST H 3 o 0* EE o Presenting the widest and choicest range of office accommodation within the Raffles Place/Shenton Way locality. Available at very competitive terms—the way you like them. MARINA HOUSE SHENTON WAY Located at junction of Shenton322 words
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Advertisement23 1984-06-26 5 c Af J II I •V 11l 'K coohac CAMUS XO f \m v fill I < I 1 XO COGNAC CAMUS XO ((K23 words
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Page 6 Advertisements
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Advertisement1948 1984-06-26 6 FAR EAST FINANCE ORGANIZATION LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated in the Republic of Singapore) BALANCE SHEETS as at 31 st December 1963 THE GROUP THE COMPANY THE GROUP THE COMPANY SHARE CAPITAL CAPITAL RESERVE Surplus on disposal of fixed assets STATUTORY RESERVE UNAPPROPRIATED PROFIT SHARE CAPITAL AND RESERVES LONG-TERM1,948 words
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BANKING AND FINANCE
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Article, Illustration625 1984-06-26 7 SINGAPORE: The local dollar weakened to 552.1300/10 against the US currency from an early 2.1220/30 and from last Friday's 2.1170/80 close. It closed easier at 5591.60/70 against the Malaysian dollar compared with last Friday's 91.40/50 close. The US dollar extended earlier gains against most major currencies. It rose625 words
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Article212 1984-06-26 7 Interbank rates at 3pm Cunwdw Nominal ritM quoted yeatectfay sroee parity CtlOflQO Local dollars to on* unit of foreign currency: US dolor 2.1300 2.1310 2 8196 -24 46 Sterling pound 2 8840 2 8875 7 3469 -60 75 Australian dollar 1 8148 1 8177 3 4286 -47 02212 words
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Article112 1984-06-26 7 THE OVERNIGHT rate closed firmer at 8 per cent on the Singapore interbank money market yesterday, up from 7% per cent on Friday. Term rates for the one two and three-month maturities were unchanged. S$ interbank rates at 3pm yesterday OH* Bid Overnight .8 7 7/8 1-month 8112 words
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Article286 1984-06-26 7 SINGAPORE Futures trading was at a standstill yesterday on lack of interest and prices closed eaier in line with lower overseas advices. Prompt closed softer at US$37l/372 an ounce against New York's Friday $372.50/373.00 close, August at $375.50/376.50 against $376/377 and December at $390/391 against $391.50/ 393.00. LONDON The286 words
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Article247 1984-06-26 7 Asian market Interbank deposit rates DEPOSIT RATES firmed in moderately active late trading yesterday. Periods were narrowly mixed at the outset and one-month rose 1/16 point in the afternoon to 1214 12 per cent, three months Vfc to 12-5/16 12-3/16 and six months Vi to 12-11/16 12-9/ 16. Business was247 words
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188 1984-06-26 7 Reuter THE TREASURER of Barclays Australia, Paul Rowe, said less than a dozen of the 40 successful applicants for Australian foreign exchange dealing licences granted by the government last week could survive in the long term. Success will depend on whetherReuter - 188 words
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151 1984-06-26 7 Reuter THE BUNDESBANK has only limited room to manoeuvre on domestic interest rates if it is to keep prices and unemployment down, secure German economic growth and avoid disruptive capital flows, Claus Koehler, member of the central bank's directorate, said in a speech toReuter - 151 words
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513 1984-06-26 7 SOH TIANG KENG - By SOH TIANG KENG, Banking Correspondent THE BIG FOUR produced an average return on investment of 10.06 per cent last year a fair performance compared with 56 other nations in the latest Euromoney survey on world banking. The four are Development Bank of513 words
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288 1984-06-26 7 Reuter MERRILL Lynch Capital Markets said that it has repackaged the US$5OO million 40year floating rate note issue it launched for Sweden in March to provide investors with a more favourable return. New investors as well as existing holders are being offered up toReuter - 288 words
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333 1984-06-26 7 Reuter CREDIT market pressures should persist, given fears that the Federal Reserve will tighten its grip on reserves further and today's start of the Treasury's US$l5.5 billion mini-refunding, economists said. "Further substantial nearterm price retreat seems almost certain over coming weeks," said PhilipReuter - 333 words
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215 1984-06-26 7 Reuter INDONESIA, enjoying a good credit rating on the commercial market, has satisfied the bulk of its borrowing needs for this year, senior bankers said. The signing of two 20 billion yen loans in Tokyo last Friday hasReuter - 215 words
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Page 7 Advertisements
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Advertisement49 1984-06-26 7 TO LET Cecil Point 1000sq.ft—50,000sq.ft Banking/Rnance House units available at Ist level Please contact Fred Klass or David Wong *****2 Sole Marketing Managing Agent: Goddard Smith, Talhar Wong Pte Ltd International Property Consultants 2303. United Overseas Bank Building 1, Bonham St, Raffles Place Singapore 0104 Telex: RS ***** GSWTW49 words
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Advertisement165 1984-06-26 7 The champagne is poured, the serenity of me moment. LescaigoLwhere it happens. It's a feeling of relaxation and enjoyment that makes the difference at the L'escargot Because we make it happen for you. With our attentive, friendly yet unobtrusive service the warm ambience and a menu par excellence. Delicate juicy165 words
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FEATURES
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Article452 1984-06-26 8 SATURDAY NIGHT FEVER the sort witnessed at Orchard Road last weekend when thousands gathered to watch breakdancers perform has a place in a serious column like this. It is a serious matter when the riot police had to be called in to disperse the weekend452 words
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Article, Illustration952 1984-06-26 8 KENNETH WHITING - By KENNETH WHITING AP CRITICS OF INDONESIA'S massive resettlement programme once said it wasn't feasible to move millions of people from crowded Java to sparsely populated outer islands. They were wrong. The target of 2.5 million "transmigrants" during the fiveyear development planAP - 952 words
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854 1984-06-26 8 ANDREW POLLACK - By ANDREW POLLACK NYT JAPAN'S love of electronic gadgets is producing an unwanted and potentially lethal side effect battery pollution. Mercury, a toxic metal used in most batteries, is starting to seep into the soil around garbage dumps. The leakage has raised fearsNYT - 854 words
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Article, Illustration1032 1984-06-26 9 FT THE THAI GOVERNMENT'S achievement this week of the fine terms it wanted for a US$2OO million syndicated credit might appear to underline the country's strong credit rating in the international financial community. But in fact it coincides with growing concern about Bangkok'sFT - 1,032 words
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889 1984-06-26 9 TED CHAN - Pingtan Island the meeting point for two Chinas By TED CHAN UPI ONE LOOK AT Lee Bao, a middle-aged veteran of the East China Sea, tells any bystander that he is not an ordinary Chinese fisherman. The solid gold watch, jade ring, bright sports shirt and yellow packet of LongUPI - 889 words
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Page 8 Advertisements
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Advertisement309 1984-06-26 8 To get ahead in business, start by keeping n up—the way I A William E. I WL Heinecke does. WMam E. Heinecke Chairman Minor Holdings Group Thailand 4 T 1 have been a regular Asian Wall Street Journal reader from its inception because that's where important business news always seems309 words
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Page 8 Miscellaneous
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Miscellaneous642 1984-06-26 8 CRYPTIC PUZZLE ACROSS 3 Smart, or make smart (5) 8 Key officer (5) 10 Somewhat explosive plant? (5) 11 Brown line? (3) 12 Mount of berries (5) 13 Took a little grub (7) 151 deal crookedly with her (5) 18 Small jumper with one pocket (3) 19 Farther than that642 words
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Page 9 Advertisements
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Advertisement162 1984-06-26 9 SEEING IS BELIEVING!!! SS?3B SSZ3B J ss w Mt SS44B SSI?9B ***** lllllllii llliillllllil lllllllii SSohH SSI>9B SSB3B Illlllllii lllliiiii iiiiiiii linn M7BO i WSBC i D 490 mm K3O i *23 023 MMO i WSIS i DS9O mm H34*. > VWO'. i 033% mi H1143 i W867 > 0590162 words
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Advertisement478 1984-06-26 9 0 MALAYSIA BERHAD (Incorporated in the States of Malaya) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting will be held at the Raya Room, Equatorial Hotel, Jalan Sultan Ismail, Kuala Lumpur on July 20,1984 at 11.00 a.m. for the purposes of transacting the following478 words
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Page 9 Miscellaneous
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Miscellaneous330 1984-06-26 9 to vm mm HIGHLIGHTS: Nova 8.03 p*n, Channel 12 Sixty Minutes To Meltdown A dramatised study of the Three Mile Island nuclear power plant accident on March 28, 1979, in which a series of breakdowns in the plant's number two reactor raised the spectre of a nuclear explosion with consequent330 words
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Miscellaneous559 1984-06-26 9 8.33 Programme Summary 8.37 Azan kyak Prayer Call 8.52 The Blue and the Gray (Part 3) 9.27 Ehwai Semasa Current Affairs 10.20 The Fal Guy Solders of Mbfortune 11.05 Teachers Only 11.40 Late News 11.52 Quran Read* 12.05 AM Close 5.01 PM Quran Readme 5.11 Dunia Pendkftan Educational World 5.40559 words
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RAW MATERIALS
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Article330 1984-06-26 10 SINGAPORE The market closed firmer yesterday with July One RSS buyers quoted at 181.50 cents per kilo, up 5.75 cents from last Friday. The morning session was marked up about 5.5 cents on reserve of sellers and some covering interest following higher London advices in quiet trading. The market330 words
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Article145 1984-06-26 10 Chineee Produce Exchange (Sellers' noon closing prices on June 25. Ss/100 kg) Coconut oil Bulk FOB 240 00 Old drum FOB 253.00 New drum FOB 257.00 Copra Mixed (loose) 125.00 buyers Pepper Muntok white FOB NLW 637.50 Sarawak white FOB foq NLW 630 00 Sarawak special black FOB145 words
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Article96 1984-06-26 10 THE Straits tin price In Pnuag yesterday fell twe cents to M 521.28 per Hlo, bit ms BHD within the ITA lewer range el $21-15 and $32.11. Dealers said sentiment was dampened by a lewer cleee In Lenden last week and a larger offering, as the bnffer stock96 words
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Article101 1984-06-26 10 Crude MALAYSIA Ms/tonne (seders' doting prices June (south) 1,295.00 June (north) 1,285.00 June (central) 1,290.00 July (south) 1,302.50 July (north) 1,280 00 July (central) 1,290.00 Aug (south) 1,277.50 LONDON USJ/tonn. le doling prices wmm 22 Sumatra 5% July ***** down 10 Aug 725.00 down 15 Sep 710.00 down101 words
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Article331 1984-06-26 10 RAS prices (in S cents/kilo, FOB in bales) NOON CLOSE Buyers Sellers Buyers Int 1 RSS prompt 176 75 177 75N 179 00 I80 00N lot 1 RSS July 179 00 179 50 181 50 182 00 Int 1 RSS August 183 75 184 25 186 00331 words
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Article100 1984-06-26 10 (in cant*/1 ton pallets) July August (current mth) (forward mth) NOON NOON RAS S«ll>n S«||«n SSR20 179 00 181 OON 181.00 183 OON SSR 50 177.00 179 OON 179 00 181 OON MRELB Ktry«rt StHtn B«iy«n S«ll*n SMRCV 231 00 233 OON 233 00 235 OON SMR100 words
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Article130 1984-06-26 10 Yarn (In HK$ per bole ot 400 lb) China carded yarn, cones Blue Phoenix 16'$ 3,500 Blue Phoenix 20's 3,550 Blue Phoenix 32's 4,000 Blue Phoenix 40's 4,500 Carded yarn, hank Blue Phoenix 21'» 3,700 Combed yarn, cones Blue Phoenix 32's 3,700 Blue Phoenix 40's 5,800 Open-end yarn Blue130 words
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Article152 1984-06-26 10 C-l special unq C-1 Ordinary unq Loonzain 100% first grade unq 100% second grade 255 100% third grade unq Parboiled 5% 265 10% 260 Maize unq Hongkong (HK$/piail, e*-godown) Thai frogrant 100% new crop, 1st class ***** 2nd class 198 00 3rd closs 194.00 100% old crop, 1st class152 words
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Article671 1984-06-26 10 COFFEE Robusta futures closed a quiet morning yesterday with gains from the previous close of £15 to £8 per tonne. September closed at £2,168, £8 higher. Gains reflected light mixed trade and commission house buying based on sterling's weakness against the dollar. Turnover totalled 479 lots including 85671 words
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Page 10 Advertisements
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Advertisement352 1984-06-26 10 UtMH fjtl HUANG PALACE a x t Hong Kong Tim Sum served from 11 am to 230 pm (We also cater for weddings, anniversaries, birthdays and Chinese dinner functions.) For Hrsmntmns plrn\r tall 2**V1122 F.xt I*l7 or l-KH) PRESIDENT MERLIN HOTEL SINGAPORE I*l. kilthrtHt Ko.nl (M'jn IVI: SiOIJ! 91 Ti352 words
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Advertisement68 1984-06-26 10 i#V ■Ml .**■,&o t 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 CRown •Ffwtzfora. ■men68 words
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ASIAN STOCKS
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Article386 1984-06-26 11 HONGKONG: Prices closed lower yesterday amid speculation over a rise in domestic interest rates. A strong US currency and its downward pressure on the Hongkong dollar, which traded around HK$7.B2 to the US unit against an official linked rate of $7.80. The Hang Seng index fluctuated narrowly, ending 1.01386 words
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Article216 1984-06-26 11 JUNE IS A1 Sincara Indus L A|N Cement MT$ 8.75 30.20 30 80 ■0.2 -0.8 -0.6 Cham Indus ban Hwo Indus Nan Yo Pto* Pacific Con* Pacific Elact 23 00 1350 35 30 31 90 -05 -0.3 -1.3 -0.6 Chang Hw a Bank 55 00 2S 70 -05 -0.5216 words
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Article208 1984-06-26 11 JUNE 25 Van 1100 unch Mrtvjbnhi Mrtvji Co 544 344 162 •3 -2 2 Aka 385 unch 555 -2 1050 unch 371 ■4 Asohi ChMfn 550 17 841 20 700 1 458 -2 474 550 2 1240 -10 1140 20 259 -1 1160 -10 904 4 465 10 154208 words
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Article87 1984-06-26 11 June 25 Won Hyundai Motor 535 420 690 3 -15 -12 Bank S«oul 700 -5 KAL Choheung 8k 660 unch Korea OI Korea Shf> 837 -13 Commencal Bk Doefcm Irtd 695 550 -5 unch 415 710 unch -14 Daewoo Corp Daewoo Ind Dong Ah Gold Star Hani Bk Han87 words
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Article523 1984-06-26 11 SYDNEY: Australian shares closed ■firmer yesterday under the influence of a firmer Wall Street on Friday. At the close, the All-ordinaries index was 2.6 points higher at 661.9. Brokers said relatively active trading in oil and gas stocks followed another oil flow from the Bodalla South One well, in523 words
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Article149 1984-06-26 11 BANGKOK: The market closed generally steady yesterday in quiet trading on increased turnover. The Book Club index rose 0.07 point to 118.25 on turnover of 49.7 million baht with 358,181 shares traded. JUNC 25 Wtt Saom Gty Camant 388 ■4 Aokhom Thoi Stam Cradrt 63 unch Ayulhoyo Inv And149 words
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Article81 1984-06-26 11 MANILA: Prices closed largely unchanged yesterday. The Commercial and Industrial index was unchanged at 133.17 and Oils unchanged at 0.685. The Mining marker fell 15.82 to 1,054.78. IUNI 25 Acot* Mmg PM hw Onantol B Phi Ovotmo* PMn B 0015 *0001 ***** unch Ap«« Mnno B 0007 ♦0002 3881 words
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Article69 1984-06-26 11 Reuter THE Finance Ministry has approved the listing of Singer Thailand Co on the Securities Exchange of Thailand from June 28, a Singer spokesman said. He said 24 million shares will be listed with par value of each share at five baht. Singer Sewing MachineReuter - 69 words
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395 1984-06-26 11 FT MINEBEA, the Japanese precision bearing manufacturer, says it has agreed with Inmos, the British microelectronics company, to produce under licence in Japan a 256 kilobyte dynamic random access memory (256K d-ram) integrated circuit developed by Inmos. D-ram chips are used to buildFT - 395 words
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260 1984-06-26 11 Reuter SHARP Corp results are likely to be higher than previously estimated in the year ending next March 31, a company spokesman said. But he said the company has not officially revised the earlier estimate of a profit of 32 billionReuter - 260 words
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Page 11 Advertisements
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Advertisement422 1984-06-26 11 'J! M N Wtere lid wiae. ilae antf eateriaia L >. '<1; j»,- 11l I y Just the right touch of magic to turn vour night into Gold. Music hi; llacc hus Intertuitional of London U.- x-uprn M!\ It H'H P Hi T.».1 i iifik h.itu Kl -A! s ',(>422 words
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Advertisement146 1984-06-26 11 HAPPY RESTAURANT can now offer Modestly-priced superb Cantonese dishes. Impeccable service. Nightly entertainment with no cover or corkage charges. Ample parking facilities. For reservations, call 744-2717 or 744-2(81 HAPPY RESTAURANT Lion City Hotel, 2nd Storey, 15 Tanjong Katong Road, Singapore 1543 il <7 Our newly extended Coffee Garden is now146 words
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INTERNATIONAL COMPANY NEWS
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281 1984-06-26 12 Reuter THE STATE BANK of Victoria has acquired a 50 per cent interest in Midland Bank PLC's local finance arm, Associated Midland Corp (AMC), state bank officials said. The A 515.5 million acquisition is subject to foreign investment review board approval, the officialsReuter - 281 words
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Article47 1984-06-26 12 Reuter SHAREHOLDERS of El Aguila SA have voted to authorise Heineken NV to underwrite a five billion peseta capital increase, giving it a 30 per cent controlling interest in El Aguila. The money is expected to be used to modernise El Aguila's plant equipment. ReuterReuter - 47 words
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142 1984-06-26 12 Reuter THE TAX burden for many large British companies will be greater as a result of the 1964/ 85 budget, the Institute for Fiscal Studies said in a report. The budget introduced plans gradually to lower basic corporation tax while abolishing tax reliefs forReuter - 142 words
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Article461 1984-06-26 12 Reuter SPECULATION that Eastman Kodak Co's second-quarter revenues would continue the flat performance of the first has abated, as sales appear to be picking up across the board, analysts said. The better-than-expected rise of first quarter earnings, to 95 US cents a share from 63 aReuter - 461 words
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Article80 1984-06-26 12 Reuter MOST OPERATING divisions of Associated British Foods PLC have had ,satisfactory profit growth in the first ten weeks of the current financial year, chairman Garry Weston told the annual meeting last week. He said the drop in British Foods' pre-tax profits in the year to end-MarchReuter - 80 words
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Page 12 Advertisements
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Advertisement834 1984-06-26 12 BALANCE SHEET as at 31st December 1983 PROFIT AND LOSS ACCOUNT for the year ended 31st December 1983 FIXED ASSETS 3 CURRENT ASSETS Hire purchase and leasing debtors 4 Secured loans and advances 5 Less: Provision for doubtful debts Statutory deposit with the Monetary Authority of Singapore Other debtors and834 words
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SHARE INFORMATION
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Article, Illustration4074 1984-06-26 13 THE SINGAPORE stock market was shrouded deeply in gloom yesterday. Marked falls in component stocks such as Esso and Perils Plantations pulled both the BT Composite Index and the Straits Times Industrial Index down to their lowest levels in more than a year.4,074 words
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Article238 1984-06-26 13 SINGAPORE Ri*M M CwM 720 Saafai Urn 1020 F A C 1 J0< 302 Lias Cmpm 228 M Gtaa 225 f MM 90« 190 Na-ClCUlS 290 DBS 830 AmI 2S« 230 ASM ***** 215 SMBW 474 Falls 40 20 19 18 15 15. 14 10 10 ♦9238 words
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Article511 1984-06-26 13 SHARE prices finished easier at the Kuala Lumpur stock market yesterday as investors' confidence remained at a low ebb. The market opened at overnight levels and drifted slightly lower in the morning. This was in spite of a slightly steadier close on Wall Street511 words
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Article2274 1984-06-26 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".2,274 words
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Page 13 Advertisements
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COMPANY NEWS
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Article1243 1984-06-26 14 RALEIGH Cycles (Malaysia) Bhd's late# tie-up with Nam Fatt Engineering (South East Asia) Sdn Bhd (Nam Fatt) paves the way for further downstream activity for a group which, since the change in control a year ago, has been focussing on construction and engineering. The proposed acquisition1,243 words
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694 1984-06-26 14 FT THE GROWING fraternity of Wall Street raiders politely known as investors has lately stumbled on a wonderful new game. It is called "greenmail", is highly profitable, and can be played by anyone who starts off with plenty of money, and who can identify aFT - 694 words
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633 1984-06-26 14 dtMKuf COMPETITION for motor-based Oriental Hidings BM will be tougher this year although the company posted a set of creditable results for 1963. According to London-based stockbroking firm Laurence, Prust it Co, Oriental's fortunes still chiefly depend on the Honda franchise. However, prospects633 words
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Article1887 1984-06-26 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajinomoto (3.845) Alcorn (2.1 IB 2.155) (2) 2.15 (I)1,887 words
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Article95 1984-06-26 14 HONGKONG Australian Industrials Hong Seng Index Monday 919.9 Friday 914.8 Monday 936.37 Week ago 899.8 Friday 937.38 NEW YORK Dow Jones Week ago Qosed TOKYO Friday 1131.07 Tokyo Dow Jones Thursday 1127.21 Week ago 1086.90 Monday *****.50 Friday *****.61 Standard and Poors Week ago J 0082 47 Friday95 words
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Article207 1984-06-26 14 Monogers' prices MARA Bumiputra for June 26 First B'putra 5.97 602 Second B'putra 536 5.41 Singapore Unit Trust Third B'putra Fourth B'putra 448 498 4.53 503 The Commerce 3.13 3.32* Fifth B'putra 3 53 3 58 The Savings Fund 1.89 2.01 Sixth B'putra 348 3 53 S'pore Prog207 words
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Article333 1984-06-26 14 KUNDONG TujHg Pm Cmpaay Berhtd: 25th AGM on June 25 at 3pm In Ko.plek Kewangan, 7th Floor, Jalan Raja Chilian, Kuala Lumpur. SANYO Iadastrles (Mateyda) Berkad: 17th AGM on June 26 at 10am In Kristal Suites 1 and 2, Petaling Jaya Hilton. INTERNATIONAL Trait Flaaaee Limited: AGM on333 words
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Article207 1984-06-26 14 Company RIGHTS ISSUE Int Wood One-for-one 1 at $1.50 per share Kesang Hldgs One-tor-one 9 $1 per share Sub-drvwion of $1 par into 2 shares of 50 cents eoch Lien Hoe Three-for-two $1.50 per share So6-divis»ori of $1 par into 2 shares of 50 cents each. Ungui One-for-two207 words
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Article61 1984-06-26 14 Company RIGHTS ISSUE Ex dot* Books dose Fuson One-for-two 9 $1.20 per share June 20 June 30 Paper Products One-for-one $1.10 per share Sub-division of SI par into 2 shares of 50 cents eoch June IS June 27 Company BONUS ISSUE Ex datt Books dose Public Bank One-for-four61 words
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484 1984-06-26 15 NAJEEB JARHOM - By NAJEEB JARHOM CHUAN HUP Marine Ltd, the leading oil-service company in Asean, is spreading its wings to Australia, barely half a year after its listing on the Stock Exchange of Singapore. BT understands that a jointventure company is being set484 words
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415 1984-06-26 15 CHAN MAY PENG - By CHAN MAY PENG JACK CHIA Enterprises (M) Bhd (JCEM) is bracing itself -for another difficult year, due to persistently dull industry conditions. The group's 87.5-per cent qwned subsidiary in Penang, Eastern A Oriental Hotel (1951) Sdn Bhd, will continue to415 words
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440 1984-06-26 15 PHINA Investments Pte Ltd, a wholly-owned subsidiary of Malaysian-based Chocolate Products Bhd, which is making a $21 million bid for debt-ridden Allied Chocolate Products, plans to diversify the latter into retailing, property development and food related areas. The incoming directors of Allied440 words
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Article256 1984-06-26 15 ORIENTAL Holdings Bhd has announced that a consent judgment was recorded in the Malaysian Federal Court in which it was agreed that a sum of M550,000 per hectare be paid to its wholly-owned Oriental Rubber and Palm Oil Sdn Bhd for the 560 hectares of land compulsorily acquired256 words
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Article, Illustration558 1984-06-26 15 CHAN OI CHEE - Block of condominium flats going for $35m By CHAN OI CHEE TUAN Sing Holdings, the eight-month-old revamped version of the former Hytex Ltd, is selling its condominium property at Sommerville Park for about $35 million. The sale of the 15-storey apartment block by558 words
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566 1984-06-26 15 THE KUALA Lumpur Stock Exchange is revising its rules for membership to the exchange. The proposed relaxation of membership conditions is aimed at increasing the number of bumiputras in the business. Surprisingly, there was not much concern from the exclusive stockbroking community,566 words
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155 1984-06-26 15 A CONFERENCE on "Securities Regulation, Insider Trading, Takeover and Mergers" will be held in Singapore on Aug 10 and 11. The main speaker is a securities regulation expert from Harvard Law School, Professor Louis Loss. The theme of his speech is "Insider Trading:155 words
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194 1984-06-26 15 BOUSTEAD PLC, the international trading group, has disclosed that falsified stock records at its King Trailers subsidiary could cost the group nearly a quarter of its previously reported 1983 pre-tax profits. The group had recorded pretax profits of £217,000 and a taxed loss194 words
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87 1984-06-26 15 Reuter GRINDLAYS Holdings PLC is holding talks with London stockbroking firm Capel-Cure, Myers) which may lead to its taking a 29.9 per cent stake in Capel-Cure. Spokesmen for the two parties declined immediate comment but London market sources said longer-term merger plans couldReuter - 87 words
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Article1017 1984-06-26 15 EQUITIES closed quietly mixed yesterday after a dull session as operators discounted Lloyds increase in its base rate to 9'/« per cent from 9 and the increase in prime rates by several US banks to 13 per cent from 12Vi, dealers said. At 3pm, the FT 30 index1,017 words
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Page 14 Advertisements
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Advertisement76 1984-06-26 14 J* KOREA EXCHANGE BANK U5550,000,000 Floating Rate Notes due 1993 In accordance with the terms and conditions of the above notes, notice is hereby given that for the 6-month interest period from 22nd June, 1984 to 24th December, 1984 (185 days), the notes will carry an interest rate of 12-5/8%76 words
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Page 15 Advertisements
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Advertisement125 1984-06-26 15 Notice of Removal The Chartered Bank Tampines Branch will be moving to Block 210, Hougang Street 21 #01-251/253, Singapore 1953 and will open to the public for business on Monday 2nd July 1984. With the move, the branch will be known as The Chartered Bank Hougang Branch. Standard ft Chartered125 words
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Article, Illustration436 1984-06-26 16 LISA LEE - BY LISA LEE CONTRACTORS who need advice to mechanise their plant will soon be able to consult a Technical Advisory Services Unit. The Construction Industry Development Board is to set up the unit in one to two months time, with six professional officers, including436 words
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269 1984-06-26 16 Reuter AMERICA'S Secretary of State George Shultz, reaffirming his country's determination to combat terrorism, urged US allies to consider pre-emptive action to root out terrorists before they strike. Mr Shultz said on Sunday that the discussion of pre-emp-tive measures at theReuter - 269 words
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360 1984-06-26 16 LIM SOON NEO - By LIM SOON NEO IN A MOVE to make the Singapore tea auction centre more attractive to tea producers, a new system is expected to be introduced soon. Mr JM Jumabhoy, the chairman of the Tea Auction Association of Singapore,360 words
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Article287 1984-06-26 16 AFP TWO BRITISH Members of Parliament said in Taipei yesterday that the British Parliament would refuse to ratify a SinoBritish agreement on Hongkong's future if it failed to meet the rights and interests of the Hongkong people. One of them, Sir Patrick Wall, said there wasAFP - 287 words
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110 1984-06-26 16 Reuter JAPANESE Prime Minister Yasuhiro Nakasone yesterday urged Japanese traders to import more manufactured goods, especially from the US and the European Economic Community, Trade Ministry officials said. Japan has come under persistent criticism from its major partners for its global tradeReuter - 110 words
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218 1984-06-26 16 AFP FLAGS OF the "Independent Sikh state of Khalistan" appeared in parts of Punjab yesterday as a fresh wave of violence by suspected Sikh militants left three people dead. News reports from New Delhi said that the saffron coloured KhalistanAFP - 218 words
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Article229 1984-06-26 16 AP SRI LANKAs President Junius Jayewardene has hired British mercenaries and Israel's Mossad Intelligence Agency to help the country set up its own intelligence network and para-military force to combat Tamil guerillas, London's Sunday Times said. The report said that Mr Jayewardene will seek British PrimeAP - 229 words
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304 1984-06-26 16 THERE WILL be a gathering of international property investors at the Thursday auction of Tunas Building, the biggest Singapore property of the nowdefunct Carrian Group. Investors from the US, Britain, West Asia, Hongkong and Asean are likely to turn up at the304 words
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Article, Illustration162 1984-06-26 16 UPI TROUBLE WITH the back-up computer control system spoiled the launch debut of America's third space shuttle, Discovery, yesterday, delaying indefinitely the start of its week-long flight. The shuttle's six crew members were ordered to leave their ship and launch director Robert Sieck apologisedUPI - 162 words
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Article62 1984-06-26 16 WALL Street stock prices closed lower yesterday after a firm opening as investors reacted to a rise in the prime lending rate to 13 per cent. The Dow Jones Industrial Average, which climbed three points in early trading, was off fractionally to under 1131. Overall, losers edged62 words
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LATE FILE
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Article40 1984-06-26 16 AFP LAOTIAN National Radio yesterday said its armed forces and citizens had attacked Thai troops occupying three disputed border villages, killing and wounding an unspecified number of Thais. The radio commentary called the attacks "appropriate retaliation".AFP - 40 words
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Article28 1984-06-26 16 AFP INDONESIA had the lowest intake of foreign tourists in non-communist South-east Asian countries in 1983, according to the country's Department of Tourism and Telecommunications.AFP - 28 words
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Article40 1984-06-26 16 AFP IMELDA MARCOS, wife of Philippine President Ferdinand Marcos, has agreed to testify this week, possibly on Friday, before the board probing the murder of opposition leader Benigno Aquino, the board's general counsel said yesterday.AFP - 40 words
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Article39 1984-06-26 16 Reuter SEVERE FLOODING and landslides in and around the Indonesian town of Ambon, provincial capital of the Moluccas, have killed 10 people and 11 others are missing, the official Antara News Agency said yesterday. ReuterReuter - 39 words
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Article25 1984-06-26 16 Reuter EUROPEAN Parliament President Pieter Dankert said Britain has now accepted China's September deadline for an outline agreement on Hongkong. Reu-Reuter - 25 words
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Article26 1984-06-26 16 AP THE DEATH TOLL in a coal mine explosion near Taipei rose to 47 yesterday, the highest in Taiwan's mining history. APAP - 26 words
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Page 16 Advertisements
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Advertisement90 1984-06-26 16 The Smoker's Gel •s!yr 1 oo o > CD £-8 ft CD Clinomint is good tor smokers ond anyone else who desires healthier, whiter teeth Clinomint gel is a uniquely formulated toothpaste with Fblynam II (TM). an effective cleansing agent that safely removes tobacco tea. coffee and other stains from90 words
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Advertisement104 1984-06-26 16 KNOWN THE WORLD OVER Bank America Travelers Cheques. World Money." Wherever your travels take you, you'll find few things as widely recognized as Bank America Travelers Cheques. They are carried with confidence by experienced travelers on six continents, welcomed by merchants in 160 countries, and backed by a worldwide refund104 words
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Page 16 Miscellaneous
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Miscellaneous57 1984-06-26 16 Outlook for today: Showers over several areas in the late morning ond early afternoon. Report for 24 hours prior to 7 30pm on June 25 at the orport Maximum temperature 32.2 Associated humidity 54 Minimum temperature 25.1 Associated humidity 89 Hours of sunshine 7.75 Roinfall in millimetres Nil Rainfall this57 words
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SHIPPING TIMES
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351 1984-06-26 17 Reuter GULF SHIPPERS are bracing for a possible boost in insurance costs and Iranian retaliation after Iraq broke a twoweek lull in attacks on shipping in the waterway. The Greek Merchant Marine Ministry said Iraqi planes hit the 152,372-tonReuter - 351 words
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Article, Illustration387 1984-06-26 17 VONG NYAM MING - By VONG NYAM MING TOYOFUJI, a ro-ro carrier on contract with Toyota Motor Corporation of Japan, will be bringing in a new car carrier to the Far East route as part of its fleet rationalisation plan. Its newbuilding, the Tocho Maru,387 words
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PORTSIDES
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Article95 1984-06-26 17 Reuter TRAFALGAR House PLC is likely to delay making a decision on whether to renew its bid for Peninsular and Oriental Steam Navigation Co (P A O), analysts said. Trafalgar is free to renew its approach, which was referred to the British Monopolies Commission last year, fromReuter - 95 words
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Article73 1984-06-26 17 Reuter THE JAPAN/Taiwan/Japan Freight Agreement said it cut its currency adjustment factor to 27.5 per cent from 30.5 per cent effective July 1. The Japan/Philippines Freight Conference said it will lower its currency surcharge on all freight and charges to 4.5 per cent from 7 per centReuter - 73 words
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Article656 1984-06-26 17 Shtpptng Lmm Pag* Col Afeo VI 3 Ahrenkiel Lmer VI 5 AJpoc VI 5 Anroro Shpg IV 1 A PC Lme V 4 APL M 4/5 ASCL 1 Asiobroker V 5 Austosio Line V 1 Bolt-Orient VI 4/5 Bongkok Coot VI 2 Bonk Lme V 5 BBS656 words
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563 1984-06-26 18 Reuter PIRACY IS alive and thriving on the "pirate coast" with millions of dollars worth of cargo lost every year in the Gulf. The successors to the sword-wielding buccaneers who plundered wooden dhows in bygone eras are swindlers who cash inReuter - 563 words
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Article192 1984-06-26 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. Australia/Straits192 words
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226 1984-06-26 18 AFP CONTAINER ship owners are viewing coming months with a degree of pessimism, due to an oversupply in the existing market and still greater capacity in the pipeline, according to the latest issue of Seatrade. In spite of signs of an upturn in world recession,AFP - 226 words
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Article, Illustration627 1984-06-26 18 LLOYD'S REGISTER Weekly Reports of Shipyard Orders recorded a new VLCC order and recent delivery of a VLCC. This means that the world VLCC orderbook still stands at one vessel. Both are for Japanese owners from the same yard, IHI. The 131 recently627 words
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Article1738 1984-06-26 18 INCREASED coal and iron ore interest is reported on the freight market on Friday, while grain chartering remains fairly quiet, but rates are holding about steady, shipbrokers said. Coal operators paid US$l2 from Hampton Roads to Japan and business was arranged from Hay Point to Kaohsiung at $6.70,1,738 words
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Article204 1984-06-26 19 AFP COMPETITION from South Korea is clouding the future of the European shipbuilding industry, Association of Western European Shipbuilders president Derek Kimber said. South Korea is able to offer shipowners vessels at a price about equal to what European shipbuilders pay for construction material, Mr Kimber saidAFP - 204 words
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342 1984-06-26 19 Lloyd's List A LEADING Japanese shipbuilder says that European yards could do more to reduce costs and increase competitiveness. Mr Taiji Übukta, vicepreaident of the Shipbuilders' Association of Japan, is particularly critical of British yards, about whom he says: "I sometimes wonder if theyLloyd's List - 342 words
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183 1984-06-26 19 AFP ELEVEN companies out of 14 pre-qualified by the Indian government have already sent in their tenders to bid for the civil engineering works of the US$5O6 million NhavaSheva port project across Bombay harbour, it was officially announced. Three companies from the United States,AFP - 183 words
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Article72 1984-06-26 19 AUSTRALIAN shipbuilder Carrington Slipways is seeking markets in Southeast Asia and the Middle East and agressively exploring South America, says managing director Mr John Laverick. Specialised transporters, small cruise ships and other passenger ship orders were being actively pursued, he said. The company has about 10 ship72 words
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Article, Illustration203 1984-06-26 19 THE CONTAINER ship Resolution Bay sailed fully-loaded recently on Overseas Containers Ltd new streamlined service between Europe and Australia/New Zealand. The new service, inaugurated this month, deploys 16 container ships on two schedules operated separetly from two points in Europe the North Continent and203 words
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5818 1984-06-26 24 §®aBGXDBJ3 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 of5,818 words
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Article639 1984-06-26 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 E Globe *****W 26.684 2100 Green Asia FSB 0700-0900 N4 Seo Fortune 27 26.6.84 2300 Eastern M TA 3 0900-1100 A3 Family Ace 46A 27.684639 words
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Article1736 1984-06-26 25 The leading shipping lines operating from local ports and their agents. A-B AFT A African Shipping Agencies iS) Afr*-KaruU Liar Transjrroup (S) AhrraUrl Linrr Service Kim Shpg (S) Alfred C Taepler Oceanus Shipping Agency (S) Manntrx Enterprise (PK). Alpar lntrasea (Si Bintang Shpg (KL) Island Cargo1,736 words
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Article434 1984-06-26 26 Jim 2C-28 Separated flow around marine structures, symposium, Norwegian Institute of Technology, Trondheim. July 4 sth International Reinsurance Forum, Panama (details: Union de Reaseguradores de Panama, Calles Elvira Mendez 52, Edificio Vallarino 20 Piso, Panama). Jaly 5 Occupational exposure limits, Oyez Scientific Technical conference, London Press Centre, London434 words
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Article513 1984-06-26 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Abuqir 29/30 NAPL alongside 26.6.84/1200 Ned Barcelona 47 Ned-EAC alongside 26.6.84/2300 Bornlon Dua 25/6 Sankyo alongside 25.6.84/2300 Gen Fr Kleeberg 8/9 Baltic alongside 26.6.84/2000 Gold Mountain 27/8 Star alongside 26.6.84/1200 Lantana 35/6 BOR alongside 26.6.84/0600 Nile 10513 words
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Article495 1984-06-26 26 AFP RECORD rates were reportedly paid on the tanker market last week in the Gulf states area in early trading, but conditions eased later. The absence of further attacks on shipping in the Gulf states area, and the reduction of cargo insurance premiums from seven per cent toAFP - 495 words
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Page 17 Advertisements
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Advertisement393 1984-06-26 17 k=»: r ICMBCO Of kd CONSORTIUM tuut ImfUDQ CMHAA r/M [FULLY CONTAINERISED SERVICE! FAR EAST/EUROPE i:i»f «»71.]4;a V PK TO emu CONTMW KM 79/t 30,6 IM/«D/FI/N»/«I/M PK V FROM KOKftN CNAMCI 17E 27/ i IH/M)/F*/HA/BM AT Apntv CROWN MARK CO (PTE) LTD TEL ***** M KL (P6T) TH: *****6 For393 words
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Advertisement429 1984-06-26 17 OSEALORDO UASC L 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 JAI'AN TAIWAN lIOM.kOV. Al MAMAKH I* HAMMURABI 17* W MRQAB V.6 AL MAJHYAH f A 1 NAM W 10* ALSO C AIL429 words
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Advertisement27 1984-06-26 17 LONDON Freights 11/11 l CONSORTIA II SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPPING Events X SHIPS In Port X REGIONAL Weather X27 words
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Advertisement668 1984-06-26 17 AT FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE wJiC EXPORT FASTEST SERVICE TO USA EUROPE TO U.S. PACIFIC. (JUI.h ATLANTIC. FAST CANADA INLAND POINTS TO BELGILM. HOLLAND. L K GERMANY. F'HANCF,668 words
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Page 18 Advertisements
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Advertisement274 1984-06-26 18 mil FAR EAST/EUROPE CONTAINER SERVICE To Europe. fmtm From Eur 3) H-burt 4) Gburg Mm fm 1) Barcelona Genoa. v 2) Amsterdam. Antwerp. I Havre. Basle. UK. 3) Bremen Bremerhaven. Aarhus. Copenhagen HelsMi 4) Watmc Stockholm Oslo 'Accepting Europe cargo tor feeder *ia S pore 'Also direct cargo tor Spore274 words
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Advertisement347 1984-06-26 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA i accepting LCL Cargo for USA Porta only. IB) CLOUT *95/371 TOT BAY *14/371 SHOUmiMM *22/310 IB) MM ICCX *01/311 TMm carp to Mm A Mw Dhabi SPOM 10A0MG Ft* taPwt KAAACH KUWAIT DAMMM DOM. DUBAI ABU DMABI Pan Asia Line: ltd. CONTAINER SERVICE TO/FROM347 words
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Page 19 Advertisements
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Advertisement757 1984-06-26 19 The Straits Steamship Group occ Overseas Containers Limited SERVICE TO UK CONTINENT ALSO ACCEPTING CARGO FOR: HanMg to Copootogtn. Autos. Gotltentourg Matno. Stockhotn. SaMq Rotterdam :to Antvorp. Amsterdam. Oito Southampton UK rtfim. Be# ait 0 fcAfa Also accepting LCI and FCL cargo to Hong Kong Accepting cargo tor Baghdad 0757 words
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Advertisement284 1984-06-26 19 Franco Belgian Services 'TW»i it 3 "cV 1 1-"' 1 (MFMBtH OF ACt CONSOHTIOMI CHARGEURS HAVRAISE MEDEX LINE r** (MED CLUB MEMBER) iUi CHARGEURS REUNIS St Ml C<>\ T AIM F MIStU St HVU t T< At jT At Ml< A ki»"U SINGAPORF ll*»0 Ff#rch T r CO\PTE)LTD TEL *****284 words
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Page 20 Advertisements
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Advertisement621 1984-06-26 20 Hapag-Uoyd TO CONTINENT I* EXPORTS FROM CONTENT UK Cardgan Bay KiUfi Maru IMPORTS Marine Beach Oakland Tacoma Feeder Aid* Eipress 22/5 24/5 27/5 HmiMC N Sawxwe 30/5 1/6 4/6 taum N. Sapphre 30/5 1 Toledo 7/6 9 N lasper 14/ C IS Nntf Express 14/6 7/6 9/6 11/6 Bourn 14/6621 words
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Advertisement433 1984-06-26 20 WJWm FULLY CONTAINERISED SERVICE I TO EUROPE VIA SUEZ J ol the Ace ComwtMn CHM COOT JUNK CHFVAID DOS 39N KFTUC CRYSTAL IN NKTOIHC* 2W K OIK AM CHANCE ll* FROM EUROPE Vl* SUEZ 1 A Memoet ol the Ac* ComortMn US FULLY CONTAINERISED TO FROM NORTH AMERICA WEST COAST433 words
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Advertisement378 1984-06-26 20 r EVERGREEN LINE r FAR EAST/EUROPf CONTAINER SERVICE EUROPE 'FAR (AST CONTAINR SERVICE FAR EAST/MED FULL CONTAINER SERVICE SGP PKL H> LCA IMA PSD *C BCN l£C GIN FOS Evor forward 30/6 12/7 17/7 17/7 l»/7 25/7 71/7 22/7 23/7 (Mr Forever 10/7 22/7 27/7 27/7 29/7 4/1 31/7 1/1378 words
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Advertisement820 1984-06-26 20 KIE GWAN SHIPPING (M) SDN. BHD. No 26 A JALAN BERANGAM KIIIT KELANG. SELANGOR MALAYSIA TEL: Not 3U712. *****5. *****2 3M7M.*****2.3W0T7 ft. MALAYSIA/S PORE TO E. MALAYSIA SERVICES: P KLANG S PORE tMOMOH SATU KKblu. Skan. Tawau Inpt 27 June 28/30 June tKITA Kuching KKblu InPt luly 3 5 >uly820 words
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Advertisement229 1984-06-26 20 HXSINOSE u MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sin(apart Lojdrtf 27/6 B. MX lMdn( tor B. AMtav B Khomari PORT KELANG P( NANG SMOSf MARITR* PT[ HD Ul *****44 7 1 *****70 MAtOSE MARITME SON BHD Id *****2 3 MALAYSIA TRADE I TRANSPORT LTD Te4229 words
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Page 21 Advertisements
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Advertisement802 1984-06-26 21 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE SINGAPORE LOADING FOR: KOTA SEJATI E-500 4-7/7 HOOCIOAH, JEDOAH, AQABA KOTABALAM E-311 18-21/7 ADEN. HODEtOAH, JEDOAH. AQABA, PTBUDAN KOTA SEQAR E-Sl3 10-14/7 TAMATAVE, MAPUTO, D'SALAAM, MOMBASA. MOOAOI8CK) KOTA WISATA E-515 3-5/6 ADEN. HOOEIDAH, JEDOAH. AQABA KOTA MEGAH E-Sl7 10-15/1 HOOEIOAH. JEDOAH, AQABA, rTSUOAN,802 words
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Advertisement880 1984-06-26 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE MOM EUKOPE ItwfTiprMi Cardan Bar >iw(i Mjrvi EUROPE HAM B WKN R DAM HAVRE HI SjM SjM Saitd SjM Safe) S«M S*o SjM Safcd SaOs* SjM i SjM SJM SjM 24/6 70S 30 4 J/7 5/7 10/7 12/7 SjM SjM SjM SJM SJM880 words
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Advertisement604 1984-06-26 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Busjn Yoko- Kobe Kao- Spore Tjfnok MAIAfMiT V.IIOB/11HB GONA *10 OB l«/ 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 STORE P.KELMGK-DMI/ TIBURY HDURG/ ANT NOP ADAM LONDON BREMEN BAAB ULLAH V7NB 4-10/7 11/7 2/S 4/1604 words
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Advertisement515 1984-06-26 21 BOUSTEAD SHIPPING AGENCIES 1* BURMA FIVE STAR SHIPPING CORPORATION S'pore Hoko Htoneywo Vl9l 4/6 July Poon V 73 11/14 July Pinyo 17/20 July Loadm{ for Rangoon e P Kelang Penong 28/29 June 15/16 July \> BANK LINE EXPRESS HDCPEHDEHT SERVICE TO UK/CONT CLYDEBANK FORTHBANK SPORE R'DAM HULL HMBG 16 July515 words
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Page 22 Advertisements
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Advertisement767 1984-06-26 22 K LINE KAWASAKI KISEN KAISHA, LTD. VA^ARAJSO 11 S* S ANT0(00 13 S* ECUADOR/PERU/CHILE feeder Mono vsi spore kok guayaqur callao arka iquiqui wror us s antowo 1 ma *32 St* EXPORTER *4514 30 tut 26 U 26 Auf 2S«p (S«p 7 Sep S Sep 11Sep US* CENTRAL AMERICA /CARIBBEAN767 words
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Advertisement184 1984-06-26 22 IE CHAR CHING MARINE CO ITO CtUk'li USA WESTCOAST FULLY CONTAINERISED SERVICE Vu ttcrotmdfc to Kansas City. Datas. Mmphi, tfemtapofo St. Im. Fortwerth *u Lanftxjch Oakland 1 Seat* to San Dtop. Stockton. Uatmmko Tacama Portland. Lonpnerr Vancouver NA RED SEA FULL CONTAINER SERVICE STORE LOADING FOR Char Hwa 05 My184 words
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Advertisement675 1984-06-26 22 Q®3Sf; /It CALIFOftNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BIILK SERVICE Loadi* tar LOS ANGELES SAW FRANCISCO. SEATTLE. lACONM VANCOUVER B C Acceptaif fa/Fa Contaawn f M«« Seaport I A«f»•« TVTtMy 21 M 74 My 75/7* IMy AUSTRALIA EXPRESS CONTAINER SERVICE Accent FCI/fCt CwtMwn •Aho xciptaf tram PK«JH| tat A«*/NtaN/lytl 'I**' 5675 words
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Advertisement549 1984-06-26 22 m GOLDEN LINE CUM 40AN SMPPMC (PTE)ll# '«C Piwmcul bt M*t M Cod SM sanroH OIM T« nnw no LWSI Tel Kwu lin*n N2U. r (riai ami STRAITS/PERSIAN GULF SERVICE: COUKN SEASON Colombo Mnjqaboos Dub* Bo* ram Kuwait GOLDEN CUT Kacjchi Dutu Damnum Kunat P Penj«n ta Port i/io Mr549 words
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Advertisement611 1984-06-26 22 INTRASEA (PTE) LTD. 10 Anson Road »2 7 lb lnternjtion.il Pl.»za Singapore 0207 Tel J24fc>sl 1 (10 Lines o BREAKBULK SERVICE TO EUROPE/UK FORT NELSON 68*4907 S pore f KeUn( Lm*h tar:- 5/7 sm/ton/«n/uJi Q ALPAC LINE AMUCA ALPAC ASM 16MB S pore P Keianj Lm4a( tar: Sated Durtwn/Tamataee/ SEAWOOD611 words
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Page 23 Advertisements
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Advertisement570 1984-06-26 23 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): C CONTAINER 26* C ROZE 39W N CRYSTAL IN MAETERLINCK 2W K CHANCE 18W K JACEJM 25N.... Also accepting cargo to/from Scandinavia C CONTAINER S'pore Closing Times: FCL Cargo 1400 28/6 LCI Cargo 0200 28/6 FROM EUROPE (VIA SUEZ) K CHANCE570 words
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Advertisement451 1984-06-26 23 r HEUNG-A SHIPPIN Korean Flag Vessels ww —I SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK, KEELUNG. BUSAN. INCHON 1/7 11/7 1/7 14/7 D6CHMGMC ONLY 1 Dau»/412N GmtJ 24/6/14 Fi«a 0940 1200 to <■' Ktppd Muri G*i 37/ M W,l»t »UN! NEPTUNE AGENCIES PIE (ID lel *****77,*****34 .Booties) ???7510 ??1?0?7 (OpffatiooM ????48 7451 words
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Advertisement736 1984-06-26 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPORE Teiei Numbers RS ***** RS ***** RS 2510S P KELANG M/S SHARKAT NAH SOON SON. BHD IST ANO 2ND FLOOR, NO 1. IALAN CEMPEMNG. PORT KLANG. MALAYSIA736 words
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Advertisement122 1984-06-26 23 ahrenkie! liner service gmbh DURBAN.JOHANNESBURG MAPUTO MAURITIUS REUNION WESTBOUND ARITA 11W/84 PT LOUtS -DURBAN 18/7/84 EASTROUND ETD R BAY ETD ETA DURBAN SIN EASTERN HARMONY 6E/84 15/6 22/6 9/7 Agents: Kim Shipping Trading Pte Ltd 63 Market Street. *06-06 Tat Lee Bklg S pore 0104 Tetex RS ***** KIMTRA. Tet:122 words
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Page 24 Advertisements
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Advertisement409 1984-06-26 24 [:f ItcyHHial l'oiit;iiiM'r lilies 3 Sailings Weekly Reliable Regular Punctual Berthing P.S.A. 1500 Hrs. Tues, Thurs Sat M mo I HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER HONG KONG ISLANDS LINE FULLY CONTAINfRISED SERVICES TO AUSTRALIA A U S \OTSV I LINE ftscharging from Japan Singapore P Klang Perung409 words
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Page 25 Advertisements
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Advertisement35 1984-06-26 25 am*a »ams ORIINIAt Sf AMINOS 1 INf R AGENCY PH lID SINGAPORE MALAYSIA TEL *****D1 SALES/BOOKINGS GENERAL FREIGHT iM) SON BHD PK 1804-18 XL *****4 PEN *****3 DIRECT FULL CONTAINER SERVICES (Accept..* FCL ond LCL)35 words
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Advertisement192 1984-06-26 25 To Europe (Med/UK/NC/Scan) Anson SM Anson 28/6 Anson 5/7 Anson 12/7 Anson 19/7 Anson 26/7 SINGAPORE ACCEPTWG/SAHWG 4) GOTHENBURG To Red Sea/Mediterranean Anson 5/7 Anson 1/8 FEE P. KELANG B Kemuning 6/7 B Kemuning 3/8 CASABLANCA SINGAPORE LIMASSOL ScanOutch Corona ScanOutch Concordia From Europe MOTHER VESSEL N Houtman Jutlandia B192 words
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Page 26 Miscellaneous
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Miscellaneous158 1984-06-26 26 Regional Weather] 9 m i /v r N^ c »l in. > M EM v/oj T SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wove height LEGEND R Thunderstorm Temperature c X\ Shower Weather Wind direction with speed in knots Rom O158 words
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