The Business Times, 3 July 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, JULY S, 1»84 60 CENTS
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  • 539 1  -  Record low of $503 m committed in the first three months By LEE HAN SHIH COMMITMENT to building projects from the private sector dropped to a record low in the first quarter of this year. At only $503 million, the amount is the
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  • 475 1  -  By TSANG SAU YIN A UNIVERSITY must be relevant to the society it serves, and it becomes more expensive each year to finance a university. In 1960, the budget for the National University of Singapore was $80 million, with $69 million coming from the
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  • 121 1 ONLY FIVE students have been picked for the direct honours course at the National University of Singapore this year because of a stricter selection procedure. The drop, from 22 in the first batch in 1961, was not due to the unpopularity of the
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  • 195 1 THERE IS no area of life where a measure of achievement is not possible. President Devan Nair said last night that in the final analysis, the only real victories in life were those which we won over ourselves and that, by the same
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  • Article, Illustration
    74 1 THE SINGAPORE stock market failed to stage a breadbased rally yesterday, although sabstaatial galas were recorded by the major ladfoes. The day eaded with the allsector BT Campesite ladex tacklag ea a modest 3.49-peiat rise to 819.18. The Straits Times ladastrlal ladex galaed 8.75 pelats to 8M.16. Wall
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  • 387 1  -  By QUEK SWEE PENG PAMPERED AND cossetted on a 16-day holiday with Asia Building Society or a free cruise with Citicorp, as a customer of either, you could be spoilt for choice. Finance institutions in Singapore are offering more attractive giveaways to pull
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  • 136 1 Reuter GENERAL ORIENTAL Ltd will ask shareholders to approve the ereatloa of a sew parent holding company la the Caymaa Islands. Oriental's mala bastaeases are Investment holding companies. It said the object sf the move was to protect the company aad Its nhsrohsldcrs
    Reuter  -  136 words
  • 497 1  -  By FOO CHOY PENG IN 12 DIFFERENT voices, the PAP Members of Parliament delivered their message loud and clear to Health Minister Howe Yoon Chong yesterday they could not accept the recommendation to raise the CPF withdrawal age as it stood. They demand»!
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  • 103 1 THE CURRENT lifestyle of Singapore's young people can hold one solution to the problem of the aged. Yeo Choo Kok (Delta), said that if these young people continued with their past-times, there would be no problem of the aged because there would be
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  • Page 1 Advertisements
    • 57 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Nikon F3P Nikon F3T Nikon F3HP Nikon F3 Nikon FA Nikon FE2 Nikon FM2 Nikon FG Nikon FG2O Nikon FM Nikon L 135AF Nikon L3SAF Nikon L3SAD Nikon {Nihon) The world s finest photographic system Nihonos V Efc 09-00 v»p Son 80.«.ng 260 Orchard
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    • 258 1 wm BY THE END of next year, Singapore will become one of the world's leading users of Computer-Aided Design and Computer-Aided Manufacturing systems. Page 3 MRS MARCOS testified with tears streaming down her cheeks yesterday thot she once saved Aquino's life and tried to do so a second time but
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    • 8 1 Full report, Pag* 13 Asian stocks, Pago 11
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    • 68 1 Mikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Mors Parliament reports, Back Paga 4k A better serxice for shipments up to 100 kilos at no extra cost" "Sure thing, with KLM s WrLispeed m L t ,ii Contact your KLM cargo agent or KLM Cargo, tel: *****44 for full details about the
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  • HOME NEWS
    • 157 2 A PUBLIC LECTURE on the "Islamic Resurgence and Asean" will be held on July 9 at the Singapore Conference Hall at Bpm. Dr Syed Hussein Alatas will deliver the lecture. He will touch on the different phases and characteristics the religion
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    • 597 2  -  By KOH TSE YING SCANDINAVIAN AIRLINE System plans to introduce a travel concept aimed at making life easier for the businessman. The total travel concept aims to link air travel with ground travel and accommodation in an integrated package available from SAS agents.
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    • 175 2 PLANS ARE underway to develop the proposed SAS Amara Hotel in Singapore along the same lines as the SAS hotels in Oslo, Gothenburg and Copenhagen, all of which cater especially to the businessman's needs. In addition to its limousine service, these
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    • 154 2 TAN SRI NASRUDDIN BIN MOHAMED has been appointed chairman of the Malaysian Tourist Development Corporation (TDC) as well as publicly-listed Sungei Way Holdings Bhd. These latest appointments are in addition to his chairmanship of Malaysia Mining Corporation and the Heavy Industries Corporation of Malaysia. In addition, Tan
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    • 177 2 THE SINGAPORE Sports Council is offering the Sports Scholar Award to deserving full-time students of the National University of Singapore and the Nanyang Technological Institute. Two awards, given in collaboration with Esso Singapore Private Ltd, are offered each year. Each is worth $2500
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    • 346 2  -  By LISA LEE THE SUDDEN dip in Singapore's timber exports in April continued into May, threatening to negate hefty gains recorded earlier this year. From January to May, total timber exports managed to inch up marginally, due to a good performance in the first three
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    • 125 2 THE Equip' Auto 85 exhibition in Paris will attract at least 10 Singapore visitors. The show, which will be held from Sep 27 to Oct 4, will provide opportunities for visitors to see the range of automotive equipment products available. It will also enable joint ventures and
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    • 133 2 SINGAPORE'S first autocentre will sell Mobil gasoline and products. Mr Long Foo Yit, of Vehito Motors Pte Ltd, signed a 30-year supply agreement with Mobil Singapore recently. The two-storey centre in Hougang New Town will incorporate Mobil's latest concept in station layout. The site is
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    • TRADE TALK
      • 38 2 Equipe Pte Ltd, a building materials distributor, has changed its name to Integral Components Equipe Pte Ltd to better reflect its expanded scope of business. There is no change in the company's ownership, management and personnel.
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      • 70 2 Pte Ltd, a supplier of welding equipment to a wide range of industries in the region, is holding a four-day seminar on the theme Higher Productivity Through Better Processes and Techniques. The seminar, at the Sin Soon Huat Welding Centre at 21, Pioneer Sector 1, Jurong from
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      • 150 2 company has come up with a solution for those who frequently have to use electrically-oper-ated equipment in remote or isolated areas. UniPower Pty Ltd has designed and developed a special mobile power kit that can convert any vehicle into a source of 240 volt or 110 volt
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      • 59 2 work can now be attended to quickly, thanks to the portable MIG wire-feed welder from the Century Manufacturing Company of Minnesota, USA. This welder, which is no bigger than a boot box, can be used with two 12-volt batteries. It is marketed by BIMA Far East Pte Ltd
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    • 345 3  -  By LISA LEE FALLS ACCOUNTED for the most accidents at construction sites last year. Almost half of 1,916 accidents were caused either by workers falling or being hit by falling objects. Of 65 fatal accidents, more than 80 per cent were also
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    • 95 3 COMMUNICATION with Indonesian border towns via the Palapa Satellite System will be extended to Balikpapan from July 4. Telecoms said that the first three Indonesian towns where telephone services were established via the Palapa Satellite System at the end of 1983 were Pontianak, Pekan Baru and
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    • 343 3 Seminars and courses DURATION TITLE VENUE ORGANISER July 2-4 July 2-6 July 2-6 July 2-7 July 3-4 July 4 July 5, 6, 9, 10 July 7, 14,21 July 9-10 July 9-14 July 9-14 July 9-14 July 9-14 July 9-25 July 11-12 July 11-17 Predicting Corporate Financial Distress CAE/CAD/CAM: An
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    • 175 3 GOOD OPPORTUNITIES exist for the development of closer co-operation between the computer software industry in Singapore and Australia. The Australian State of Victoria Minister for Commerce, Industry and Technology, Mr lan Cathie, said closer ties between the Industry in the two
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    • 37 3 TELEPHONE subscribers will receive their Singapore Phone Book, July 1984 edition, between tomorrow and July 21. Telecoms will assign each subscriber one of 16 centres and four alternative dates to collect his edition.
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    • 306 3  -  By JOANNE YAP BY THE END of next year, Singapore will become one of the world's leading users of Computer- Aided-Design and Comp u t e r-Aided-Manufacturing systems. Mr Khoo Kay Chai, Singapore Polytechnic's principal, said yesterday that a total of 100 CAD/CAM systems with
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    • 215 3 LICK your fingers clean. Key in your personal identification number. Instructions like these would be appropriate for the new automated teller machine installed at Kentucky Fried Chicken's restaurant at Kampong Java. This is possibly the first ATM installed in a fast food restaurant, although there
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    • 201 3 MORE Cross pens are "given away" in Singapore than in any other market in the world. Companies here buy up the pens and putting their logos on them to take advantage of income tax relief and the free advertising. Sales of the pens in Singapore
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    • 62 3 THE EDUCATION Ministry's pilot course on marriage started yesterday with about 500 first-year students from the Anglo-Chinese Junior College attending the first session. The course began with a survey of the views of the students on marriage, love and sex. Project director of the course, Dr RT
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  • Page 2 Advertisements
    • 196 2 W p r: M r 1 *r r V I Conqueror paper speaks louder tnan words One look at your Company's annual report printed on Conqueror paper tells your shareholders and clients a lot. It speaks more highly of your Company's prestigious image than any glowing words could describe. When
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  • Page 3 Advertisements
    • 531 3 iH THE CHARTERED BANK BUILDING Location Raffles Place, beside the Singapore River Features 43 storeys Superb finishes throughout Current tenants comprise international banks, insurance companies and professional firms Directly linked to Raffles Place MRT Station Each floor approx 1166 sq. m (12.700 sq ft) Minimum office suite 84 sq m
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  • OVERSEAS
    • 190 4 FT THE INFANT US direct satellite broadcast business has suffered further with the withdrawal of CBS, the big communications group, from a proposed joint venture with Communications Satellite Corporation (Comsat). CBS's decision to back out of the deal follows similar backtracking by Mr
      FT  -  190 words
    • 159 4 AFP HALF of Japan's companies have introduced the five-day work week system but the average Japanese worker still clocks up more than 2,000 hours a year and takes only 8.8 days of annual leave, a Japanese government survey showed yesterday. These
      AFP  -  159 words
    • 588 4 Reuter NEW BATTLE LINES are being drawn in a war of nerve and muscle between Britain's striking miners and a state management which they accuse of planning to throttle the onceflourishing coal industry. As the walkout in the coalfields goes
      Reuter  -  588 words
    • 291 4 Reuter BRITISH Foreign Secretary Sir Geoffrey Howe, latest in a line of Western European politicians to visit Moscow this year, held the first round of talks in the Kremlin yesterday with Soviet Foreign Minister Andrei Gromyko. Sir Howe, the first British Foreign Secretary to visit
      Reuter; UPI photo  -  291 words
    • 104 4 Reuter THE BOLIVIAN government launched a hunt on Sunday for three military officers whom it accused of planning the 10-hour kidnapping of President Hernan Siles Zuazo. Interior Minister Federico Alvarez said the government was seeking a colonel, a major and a lieutenant linked to the military police
      Reuter  -  104 words
    • 299 4 FT WEST GERMANY has no intention of developing long-range bomber aircraft or missiles as it is now permitted to under the amended treaty of the Western European Union (WEU), according to Mr Juergen Moellemann, Minister of State at the Bonn Foreign Ministry. Mr Moellemann's assurance,
      FT  -  299 words
    • 404 4 AP A SURVEY OF delegates to the US Democratic National Convention indicates broad support for a woman for vice-president, with Representative Geraldine Ferraro of New York mentioned far more than any other candidate. Nearly 3,000 of the 3,933 delegates responded to a detailed survey of
      AP  -  404 words
    • 222 4 Reuter THE US Mid it would press on with efforts to persuade the Soviet Union that it is serious about holding talks on space weapons, despite a swift snub from the Kremlin. But latest exchanges between Washington and Moscow raised
      Reuter  -  222 words
    • 320 4 Reuter MOROCCO IS pumping money into the Western Sahara in a spectacular effort to develop the backward former Spanish colony. The regional capital of La'youn is a vast building site, with work in progress on a huge stadium, a new port and an international
      Reuter  -  320 words
    • 61 4 Reuter TALKS ON renewing the Lome trade and aid agreement between the EEC and 64 developing countries ended without disputes on major issues resolved. Negotiators from both the EEC and the African, Caribbean and Pacific (ACP) states said there has been little or no progress on
      Reuter  -  61 words
    • 198 4 UPI THE US is about to pull off a big defence coup the purchase of 24 Soviet MiG 21 fighters from China, a British newspaper reported on Sunday. The report said Moscow was "furious" about the proposed deal and has warned China not to
      UPI  -  198 words
    • 817 4 ARRIVALS Operator Struct Locol From PAA PAS 0020 JFK/SFO/HKG CAL 0009 0040 TPE MAS MH681 0820 KUL MAS MH601 0905 KUL MAS MH671 0935 KUL MAS MH8II 0940 PEN RBA BI421 1000 BWN SIA SQl 03 1005 KUL CPA CX710 1035 HLP GIA GA960 1100 HLP SIA
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    • 257 6 AFP AN INDEFINITE curfew was clamped yesterday on Srinagar, capital of Jammu and Kashmir state, following an unstable political situation. The Press Trust of India (PTI) news agency said yesterday that there had been a fallout in support for the strategic northern state's
      AFP  -  257 words
    • 534 6 AP, UPI FIRST LADY Imelda Marcos of the Philippines testified with tears streaming down her cheeks yesterday that she once saved former senator Benigno Aquino's life and tried to do so a second time but failed because he returned to the Philippines against
      AP,; UPI  -  534 words
    • 450 6 AP FOURTEEN AUSTRALIAN business leaders, hoping to do away with perceptions of their country as just a land of koalas and frilled-neck lizards, yesterday visited Japan in a 10-day effort to reverse Australia's decline in exports to the country. The delegation, armed
      AP  -  450 words
    • 54 6 UPI picture. THIS is oae man who mat need to tell a whopper about toe one that got away. Queensland shark fisherman Vie Hlslep poses proudly with toe 5.2-metre Great White shark he landed at Tweeds Head last Wednesday alter a fight. The shark weighed abeat
      UPI picture.  -  54 words
    • 127 6 Reuter THAI TROOPS have clashed with an unidentified group of Kampucheans in north-eastern Thailand near the Kampuchean border, a senior provincial official said yesterday. Saner Mulasert, governor of Surin province, said Thai forces fought about 50 armed Kampucheans, who had raided a Thai border village in
      Reuter  -  127 words
    • WORLD IN BRIEF
      • 118 6 FIVE ENGLISHMEN suspected in a US$35 million gold bullion heist are living in luxury in a Spanish resort, but they cannot be arrested because Spain and Britain have no extradition treaty. The Sunday Times in London said that British police were keeping the men under surveillance
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      • 54 6 THREE WEEKS before Israel's general elections, the opposition Labour Party is commanding a sizeable lead in opinion polls and experts believe the ruling Likud bloc has little chance of closing the gap. Hanoch Smith, one of Israel's leading pollsters, said yesterday that the Likud was continuing to lose*
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      • 48 6 ANTI-NUCLEAR campaigners ripped down fences and invaded a British army depot in the town of Chilwell on Sunday to protest against its partial lease to the US army. The Ministry of Defense said 80 people were detained and 10 arrested on charges of causing criminal damage.
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      • 80 6 A BRITISH religious human rights group said yesterday that the wife of Soviet dissident Andrei Sakharov had apparently ended a hunger strike but there was no news on the condition of the Nobel Prize physicist himself. Yelena Bonner had been seen making daily visits to a bread
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      • 52 6 THE AUSTRALIAN government yesterday decided to investigate British nuclear tests in Australia in the 1950s and 1960s after finding that a test site still contained radioactive "hot spots". Government sources said the inquiry would look into allegations that tribal aborigines were killed and that servicemen were affected
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      • 31 6 Agencies THE "Star Wars" missile system initiated by President Reagan promises little protection against a Soviet nuclear attack, former president Richard Nixon told the Los Angeles Times yesterday. Ag-
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    • 438 6 Reuter ATTEMPTS to tap vast oil reserves lying under some of Britain's most scenic areas are meeting increasing opposition from residents and environmentalists. Most of Britain's oil now comes from the cold, forbidding waters of the North Sea, where exploitation disturbs little more than
      Reuter  -  438 words
    • 315 6 AP MEXICO'S Ambassador to the United Nations has called for a basic change "in the rules of the game," including an overhaul in the work of the International Monetary Fund and the World Bank. Claiming that the gap between "the
      AP  -  315 words
    • 108 6 Reuter AUSTRALIA opened a consulate in Shanghai yesterday and hailed its growing political and commercial ties with China. Australian attorney-general Gareth Evans said in a speech at the opening ceremony that the decision to open the consulate, Australia's first outside Beijing, was "a clear reflection
      Reuter  -  108 words
    • 139 6 AP VOLKSWAGEN, Mercedes and other West German carmakers resumed production yesterday after granting labour a 38.5-hour workweek to settle a seven-week strike in the flagship industry. VW assembly lines started up yesterday at six domestic plants, the first car builders to go back into production
      AP  -  139 words
  • Page 4 Advertisements
    • 191 4 v It makes* you see red when \^s?y you have to make that call and the number is always engaged. ALPHA 1 MEMORY DIALER takes out the frustration with one touch dialling much more. Instant retrieval of name for one-touch dialling Dials numbers up to 16 digits, a feature most
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    • 12 4 I vv\ W1 First In Space. First In Luxury. First In Comfort.
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  • Page 5 Advertisements
    • 306 5 For some the someday has already arrived r L 1 K 2 >! *5 :v: >* A **»> an s«e •>, m m W A m. m. I m *> w** ,<*PP w t< t#n fr? rJf! n Enter the worid of Mercedes-Benz Some hope. Some aspire. But you you
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  • Page 6 Advertisements
    • 160 6 Prestigious Address Situated in one of Singapore's most prestigious residential areas, Coronation Ville is built on high grounds with a land area of 8,900 sq.m. Exclusivity There are only 12 units of 3-level t split semi-detached bungalows, 4 link bungalows and 2 bungalows. Spaciousness The semi-detached bungalows each has landed
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    • 103 6 Practise For Health Relaxation ANG TW-CHI and 9 Specially Prepared Lessons Then you can be a member of ANCS TW-CHI Group tar further 1 J fa m Training Place Victoria Sfeet (Near Jalan Sultan) Intensive Tai-Chi Course Wednesday and Friday 7 00 pm to &00 pm Commencing on 4/7/84 Beginners
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  • BANKING AND FINANCE
    • 393 7 SINGAPORE: The local dollar weakened yesterday to 552.1400/10 against the US currency from $2.1320/30 last Friday and to 5527.35/40 against the Hongkong dollar from $27.25/30. Against the mark, the US dollar rose to a late 2.7970/80 marks from an early 2.7880/90 and New York's Friday 2.7830/40 close. The
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    • 200 7 Interbank rates at 3pm quoted yesterday 4 jroee parity change Local dollars to on* unit of foreign currency: US dollar 2.1380 2.1390 2 8196 -24.17 Sterling pound 2.8788 2.8823 7 3469 •60 82 Australian dollar 1 8290 1 8320 3.4286 -46 65 NZ dolor 1 3501 1 3529
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    • 138 7 THE OVERNIGHT rate closed at 7y« per cent on the Singapore interbank money market yesterday. The bulk of the business was done at 7V« per cent. One-month term rate fell V» -point from Friday to 83/16 yesterday, the twos remained at 85/16 per cent, while the threes eased
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    • 249 7 SINGAPORE Futures trading has been suspended to pave the way for the start of a new gold contract on Thursday. LONDON The morning gold fix yesterday was U*****.45 an ounce, down $2.60 from the previous fix. TOKYO Gold futures closed weaker yesterday on late liquidation in dull trading as
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    • Article, Illustration
      370 7 Asian market DEPOSIT RATES closed steady to slightly firmer yesterday compared with opening levels, underpinned by expectations of further increases in US rates. Periods were steady to slightly higher initially and thereafter one and four months each rose 1/16 point to 1115/16 1113/16 and 127/16 125/16 respectively. Three months closed
      370 words
    • 533 7 Quotation of Singapore Government Stocks as at June 30, 1984: Natunty Vaart Ciupw Rait <% pa) H Mtrtst Pjyment Dates Nwnbcr of dart el Accrued Merest Mcatwc Mddte Pricc >*4 (ocMni accrued Merest) Grass Nnptmi Trtd pa) *****4 1978 -5 40 00 13/5. 13/11 48 ••100 00 ••5 00 IS.
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    • 252 7 Reuter VENEZUELA will suggest to its creditor banks that its US$34 billion foreign debt be rescheduled at fixed interest rates, says Planning Minister Luis Matos Azocar. He said over the weekend this would enable the government to budget for economic recovery. Last week Venezuela and its
      Reuter  -  252 words
    • 78 7 GENOSSENSCHAFTLICHE Zentralbank of Vienna yesterday opened a representative office in Singapore. This is the first representative office GZB has opened in Asia since the setting up of its regional head office in Hongkong in 1976. The decision to open the Singapore office also indicates GZB's recognition of
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    • 164 7 Reuter FEDERAL Open Market Committee (FOMC) members at their July 16-17 meeting are expected to endorse a further tightening move, credit market analysts said. Economists at Aubrey G Lanston and Co Inc wrote in their weekly comments: "It seems most unlikely that the Fed can
      Reuter  -  164 words
  • Page 7 Advertisements
    • 231 7 Wfe can keep your key machines in tip top condition Introducing Third Party Maintenance,the company who specialise in service and repair of manual, electrical and electronic typewriters. Whatever the make or model, TPM can keep them in tip top condition. We have a roving team of qualified service technicians, each
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    • 240 7 Morning, Noon Night Now you can travel Royal Executive Class onanyof our 3 daily flights to Bangkok IW "w •"1 4 Breakfast Flight Our early morning breakfast flight leaves at 8.30 a.m., giving you a full day ahead in Bangkok. When you travel Royal Executive Class youll find luxury goes
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  • FEATURES
    • 468 8 AS WESTERN BANKS stumble from crises to last-minute compromises, their assets multiply. Just last weekend, the bankers again confounded the pessimists by averting a crisis and increasing their loan portfolios at the same time. It was an agreement that would keep book-keepers busy, for little money
      468 words
    • 1190 8  -  Professor Shirley Kuo is the first woman in Taiwan to concurrently hold the posts of professor of economics at the National Taiwan University and deputy governor at the Central Bank of China. She was also the first woman to be vice-chairman of the Council
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    • 689 8  -  By DOROTHEE JUNG Reuter "IF WE DON'T keep these kitchens going, they'll starve us back to work,' says Brenda Greenwood as she doles out bacon and chips to a group of hefty but hungry-looking miners. With Britain's coal strike four months old and
      Reuter  -  689 words
    • 892 9  -  Hongkong questions the assurances of an ageing leader By JEREMY CLIFT Reuter THE AGE OF China's top leader Deng Xiaoping is at the centre of a simmering confidence crisis in Hongkong over whether Beijing will stick to an agreement now being worked out with Britain
      Reuter  -  892 words
    • 852 9  -  By CLIFFORD MAY NYT AFRICA'S LEADERS are taking an amazed and envious look these days at Latin America, where debtor nations are unsettling the world's money lenders with their tough talk. Such countries as Argentina, Brazil, Mexico, and Colombia have been attacking the
      NYT  -  852 words
  • Page 8 Advertisements
    • 370 8 SEMINAR A UNIQUE BIBLICAL APPROACH TO LEADERSHIP MANAGEMENT MOTIVATION Through an outstanding film you observe an executive faced with a difficult motivational challenge. You'll struggle with the realities of motivating others to new levels of commitment and achievement. Drawing fascinating concepts from the book of Nehemiah, you'll gain insight into
      370 words
  • Page 8 Miscellaneous
    • 717 8 CRYPTIC PUZZLE ACROSS 3 Light but finoNy very loud toNc (5) 8 He has a way of being given attention (5) 10 Revolting fellow? (5) 11 By way of being a caviare ingredient (3) 12 Obtain a certain figure for an object (5) 13 More than what one member can
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  • Page 9 Advertisements
    • 260 9 CELEBRATING AT THE TERRACE... We're rigged for a gastronomic bonanza "A Taste of, America"! From July 4 to 18, you can enjoy a buffet dinner comprising a choice selection of all-American favourites nightly between 7.00pm and 10.30pm. Join us, won't you? Price: Adult $20/ Child $14. Our tables will be
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  • Page 9 Miscellaneous
    • 1162 9 to um mmd) HIGHLIGHTS: Panoramo The President's World 8.03 pm, Channel 12 The Panorama team looks at the American government's views on Moscow's influence in the world, especially in the Middle East and Central America. This programme includes interviews with John Schlessinger (US Secretary of Defence between 73 and '75);
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  • INTERNATIONAL COMPANY NEWS
    • 462 10 Reuter BAD debt provisions by British banks, which have lent some £1.7 billion to Argentina, could have a marked impact on firsthalf profits, a study by stockbroker W Green well said. The largest Argentine provisions would be likely from Midland Bank PLC, Barclays
      Reuter  -  462 words
    • 166 10 Reuter THE Bourse Operations Commission (COB) has proposed several reforms of the domestic bond market following an investigation of alleged abuses. It said its inquiry into 49 of the 1,905 bonds on the market in early 1983 showed dealers were involved in
      Reuter  -  166 words
    • 140 10 Reuter BRADMILL Industries unit, Benheath Pty, says it will make an on-market offer of A 51.15 each for the shares it does not already hold in listed Courtaulds PLC unit, Courtaulds Hilton. The offer compares with last Friday's market price of $1.00. Benheath said
      Reuter  -  140 words
    • 89 10 Reuter ELDERS IXL has sold the assets of its Elders Metals Division to Australian National Industries (ANI) for As6s million cash, the two companies jointly announced. But the ultimate net cost to ANI will be about $35 million after it sells stocks and disposes of
      Reuter  -  89 words
    • 32 10 Reuter THE TRADE and Industry Department said Australia and New Zealand Banking Group's (ANZ) agreed bid for Grindlays Holdings PLC will not be referred to the British Monopolies Commission. Reuter
      Reuter  -  32 words
    • 699 10 NYT SUDDENLY investment bankers are scrambling to get into a business they had traditionally shunned the underwriting and trading of "junk bonds." No fewer than half a dozen major firms, ranging from Dean Witter Reynolds and Donaldson, Lufkin A Jenrette to Paine
      NYT  -  699 words
    • 115 10 P O sells subsidiaries Reuter PENINSULAR A Oriental Steam Navigation Co has reached agreement to 9ell two subsidiaries, P A O Falco Inc as well as P A O Falco, to InterNorth Inc, a Delaware company, for US$5B.4 million. Profits for the six months ending June 90 will also be
      Reuter  -  115 words
  • Page 10 Advertisements
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    • 105 10 m your vary own retreat •sir »i «.i SI At Scotts Cafe, wc serve all your tastebuds' fancies from delicious Western cuisine to mouth-watering Oriental dishes. Set in an intimate atmosphere surrounded by red brick walls, wrought-iron lamps and lusht greenery. HOTEL ASM Your Mand m Singapore HOTEL ASIA PTE
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    • 78 10 HUANG PALACE X 4 3* I I Hong Kong Tim Sum served from 11 am to 230 pm (We also cater for weddings, anniversaries, birthdays and Chinese dinner functions.) For Rrsmittion\ plrasr rail 29*0122 £xt I*l7 or 1400 PRESIDENT MERLIN HOTEL SINGAPORE IHI. killiM'tm Kikx!. Snn-.i|»*i ON'JO IVI 9M122 i
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      116 words
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  • ASIAN STOCKS
    • 370 11 HONGKONG: The Hang Seng index yesterday closed off 32.44 points at 868.63, its lowest close this year, after the market fell sharply in the afternoon on rumours that Everbright withdrew from a joint-venture property investment. The rumours were later denied by the company. In the property sector, Cheung Kong
      370 words
    • 138 11 BANGKOK: Share prices yesterday closed generally steady in light trading on the Securities Exchange of Thailand. The Book Club index dropped 0.17 point to 119.01 on a turnover of 18.1 million baht. Market holiday Taipei was closed yesterday for Fiscal Day. JULY 02 Behts Sam City Cement 394 63
      138 words
    • 320 11 TOKYO: Share prices yesterday turned lower at the close for the first time in eight trading days as investors became cautious about the continued rise last week. The market average, which rose 264.27 points last week, fell 17.56 to close at 10,410.87. Turnover was a light 250 million shares
      320 words
    • 77 11 July 2 Bonk SmU Won 709 +9 Hyundai Motor KAL ft 700 -18 -5 .5 Choh«ung Bk Comm«oco( Bk Doiirri Ind 660 700 526 1 +9 ■9 -10 -18 Kor«a Oi Korea She 845 417 740 -3 IB •31 607 Samsung Co 620 -3 Dong Ah 595 770 -5
      77 words
    • 377 11 SYDNEY: Australian sharemarkets closed quietly steady yesterday as selling, mostly by Hongkong investors, negated early gains. At 1500 ASST. the All-ordinaries index was unchanged at 659.0 points, after firming three points in the morning. The All-industrials marker was down 0.9 to 920.7 and the Allresources index was up 0.7
      377 words
    • 98 11 MANILA: Shares prices yesterday closed generally lower in continued dull trading despite improved metal prices abroad. The Mining index retreated 22.61 to 1,024.94 and Oils were off 0.011 at 0.683 but the Commercial and Industrial index was unchanged at 128.67. JULY 02 hm Onentai B Ph4 OvCTMOS 0 015
      98 words
    • 164 11 SUN Hung Kai and Co said it does not expect to suffer material losses as a result of a Eurobond scandal which surfaced in London and New York earlier last week. Earlier reports from Britain indicated that the London office of
      164 words
    • 486 11 Reuter HONGKONG stock markets are likely to lack both volume and direction for the rest of the summer with political worries and rising interest rates keeping investors wary, stock analysts said. Howard Gorges, director of US brokerage firm Watson A Co, said the
      Reuter  -  486 words
  • Page 11 Advertisements
    • 154 11 I m® Hili g r/i'% From soothing sounds to pleasing 'pops', lON BAR bigs you eft Light up your evenings with four dynamic entertainers, who'll with their versatility and tafy)t. See them in action, Mondays to Saturdays from 6 pm to 1 am. Drinks at 20% off bar prices ITIM
      154 words
    • 116 11 v. ck Vm yf Just the right touch of magic to turn your night into Gold. Music hi Bacchus liUernatu mal < >f I a )tui> >n N llH'lP'prn .J; m i :>»; ,ir■ nk < h,n<} 1 1 M'i. < h.H <, I W SAT.UN!,-V,-S,,f Pub:,. 11. >!:< i<>v.
      116 words
    • 84 11 Peninsula C of foe Mouse Level 5 Peninsula Hotel LiiiTi i Daily Set Lunch (Local* Western) Each day, a local favourite is selected, e.g... Prawn Mee Soup... Hainanese Clay Pot. Sunday Buffet Lunch SINGAPORE* gg reoiOHua note! 3, Coleman StrMl, Tel: 337 0091 r t M til** C/f/WT now/ 'wC///rws
      84 words
    • 154 11 The Harbour Grill presents "FESTIVAL LYONNAIS" Now till the 15th of July, French Master Chef Jean Fluery, from Lyon, presents a gastronomic adventure in the art of creative cuisine. For the occasion, an exciting menu has been prepared. The selection includes Escalope of marinated salmon filled with prawn tartare, garnished
      154 words
    • 120 11 HAPPY RESTAURANT Modestly-priced superb Cantonese dishes. Impeccable service. Nightly entertainment with no cover or corkage charges. Ample parking facilities. For reservations, call 744-2717 or 744-2CBC HAPPY RESTAURANT Lion City Hotel, 2nd Storey, 15 Tanjong Katong Road, Singapore 1543 Luncheon: 12. iX) 2:30 rum Reservations: Te1:228 3366 The Octagon, sth Storey
      120 words

  • RAW MATERIALS
    • 428 12 Bernama THE PRESENT floor and ceiling prices set by the International Natural Rubber Organisation for natural rubber is 'unrealistic' and curtails the commodity from reaching Ms 3 a kilo, say some Malaysian rubber brokers. The floor prices of $1.70 and ceiling of $2.50 did
      Bernama  -  428 words
    • 302 12 Reuter SOVIET trading officialsexpect this year's grain crop to be worse than last year's at about 180 million tonnes, which would mean the sixth poor successive harvest. Diplomatic circles said the officials told a visiting delegation from Western Europe that Moscow was basing
      Reuter  -  302 words
    • 102 12 Reuter INDIA, KEEN ON launching its own tea marketing strategy with Sri Lanka and China, is strongly considering pulling out of the International Tea Promotion Association. Industry circles said India, the world's largest tea producer, is unhappy with the association because the organisation has failed
      Reuter  -  102 words
    • 131 12 Reuter THE International Tin Council has issued details of the 39 per cent cutback limiting exports by exporting members to 22,000 tonnes in third quarter 1984. A communique issued after last week's council session said the breakdown comprises Australia 2,125, Indonesia 5,526, Malaysia 9,128,
      Reuter  -  131 words
    • 258 12 Reuter A THIRD ROUND of long-run-ning negotiations to bolster depressed sugar prices ended in failure on Friday when a United Nations conference was unable to agree on export cuts. Conference chairman Jorge Zorreguieta said: "This is not good for the sugar
      Reuter  -  258 words
    • 961 12 COFFEE Robusta futures closed a quiet morning yesterday £40 to £15 below Friday's close, with September down £34 at £2,185, £1 above its morning low. Weaker sterling against the dollar offered no support in a very subdued market. Turnover was 643 lots, including 105 crosses and 11 options.
      961 words
    • 146 12 Chinese Produce Robusto 20/25% 487 50 Exchange FOB NSW (Seders' noon closing pr ke* on July Nutmeg 2 SS/100 k«) no FOB NSW ***** Coconut oil B W FOB NSW 256 00 But Foe 240 00 Gombier CHd drum FOB 253 00 FOB NSW 305 00 New drum
      146 words
    • 294 12 Singapore (SS/Viio, ei-gwlowii) Thai white 100% 1st closs (kongoroo) new crop 1 05 100% 2nd doss 077 100% 3rd ck»i 075 25% new crop No stock B-10% No stock Thai broken A-super 062 Special 0 55 Thai rice 55% No stock China rice 10% 093 15% No stock 25%
      294 words
    • 29 12 Reuter Mif^ PA T NE consortium of seven companies led by ISino WOn orders from two Thai sugar pU„,eich CO -R^ r r one SUgar manufacturing
      Reuter  -  29 words
    • 115 12 LONDON: Rubber futures were £5 higher to £5 lower at midday yesterday, but no business was transacted. September was quoted in a bid/ask range of £630/ 640, unchanged from the previous close. Traders said activity was restricted by yesterday's market holiday in Eastern centres. TOKYO: Futures closed weaker on
      115 words
    • 150 12 Yarn (In HK) per bol« of 400 lb) China carded yarn, cones Blue Phoenix 16'» 3,450 Blue Phoenix 2C» 3,500 Blue Phoenix 32'* 3,900 Bkje Phoenix 40'$ 4,400 Carded yarn, hank Blue Phoenix 21 's 3,600 Combed yam, cones Blue Phoenix 32's 5,500 Blue Phoenix 40'» 5,700 Open-end yarn
      150 words
    • 321 12 Reuter BRAZIL HAS fulfilled almost its entire coffee export quota for the coffee year's third quarter and registration for sales and shipments this month is open. In the last 10 days Brazil sold slightly more than one million bags of coffee, raising
      Reuter  -  321 words
    • 209 12 UPI THE Philippine government is buying 150,000 tonnes of rice from China and Thailand for the first time since it achieved selfsufficiency in rice production 11 years ago. The Times Journal, quoting sources at the National Food Authority, said the rice would be
      UPI  -  209 words
  • Page 12 Advertisements
    • 100 12 This advertisement appears as a matter of record only. EASTERN PRIME LINE TOGEN HOTEL (NZ) LTD U5533,700,000 Multicurrency Term Loan Facility NZ525,000,000 Term Loan Facility to finance the development of the Regent of Auckland Hotel sponsored by Eastern Prime Line Limited Lead Managed By European Asian Bank The Hongkong and
      100 words

  • SHARE INFORMATION
    • 4200 13 KEEN INTEREST in some blue chip stocks enabled major indices to record substantial gains on the Singapore stock market yesterday. At the final bell, the allsector BT Composite Index put on 3.49 points to 809.18. The Straits Times Industrial Index gained a
      4,200 words
    • 148 13 SINGAPORE mtcti, 410 +22 Indices c 1 650 20 C 4 C 326 +14 hmt 29 J«ly 2 sT7l975 t!A »TO>«po«t. MS 69 *09 11 1975 0 IT lndiccto> *****09 *****77 £25 »I 0#/0S 333 .260 Kuala Stdm, 530 +10 $T U4«tr«4t US 90 *94 65 Strartt
      148 words
    • 3009 13 BID and offer prices officially luted and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets lrHou of 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT" Big
      3,009 words
  • Page 13 Advertisements
    • 25 13 MAKE AN APPONTMENT WITH THE The collected advice of a group of highly qualified and experienced doctors, presented clearly and concisely $63.00 IflTimes IU Distributors
      25 words

  • COMPANY NEWS
    • 988 14 BRITISH-AMERICAN (Malaysia) Insurance Bhd (BAMI), which is making a public offer of shares as part of its restructuring exercise, has forecast earnings of not less than M 57.6 million for the year ending Dec 31, 1984. This was disclosed in its prospectus which
      988 words
    • 369 14 KUMPULAN Perangsang Selangor Bhd (KPS), the investment arm of the Selangor state government, has acquired a 27.8per cent stake in the equity of paint manufacturer Nippon Paint (M) Sdn Bhd for M 53.7 million cash. KPS said the acquisition would strengthen
      369 words
    • 131 14 Reuter BROWN Boveri's profit participation certificates have been priced at their par value of 100 marks and will receive 1.6 times the dividend paid on its nominal 50 mark shares. Lead manager Dresdner Bank said the 31.2 million marks worth of certificates will be offered
      Reuter  -  131 words
    • 207 14 Company RIGHTS ISSUE Int Wood One-for-one 1 at $1 SO per shore Kesang Hldgs One-tor-one $1 per shore Sub-division of 1 por into Lien Hoe 2 shores of 50 cents each Three-for-two fe S150 per shore Sub-di vision of $1 por mto Lingui 2 shores of 50 cents
      207 words
    • 113 14 MALAYA Tin Printing Company Limited: 19th AGM on July 3 at 11am in Board Room, No 1 Sixth Lokyang Road (2262). AMALGAMATED Properties ft Industries Berhad: 14th AGM on July 7 at 10am in Kristal Suite 1, 1st Floor, Petaling Jaya Hilton, Jalan Barat, Petaling Jaya, Selangor. HOTEL
      113 words
    • 293 14 WAN FORMER Malaysian lawyer and now Perth-based solicitor and company director Stephen Chew has been banned from being a company director for five years and fined Asl,ooo for contravening the Western Australia Companies Code. His family company, Mark Stephen Holdings Pty
      WAN  -  293 words
    • 921 14 NYT SUMMER is more than baseball, hot dogs, apple pie and Chevrolet. It is also a season when stock prices almost always rally. "I have been in this business for nearly 30 years," said Perrin H Long Jr, an industry analyst at Lipper
      NYT  -  921 words
    • 124 14 Reuter CHRYSLER Corp has completed an agreement for credit lines of US$l.l billion with 57 major US, Canadian, European and Japanese banks with Manufacturers Hanover Trust Co as agent bank. The arrangement is intended as a backup and Chrysler has no plans to borrow any of
      Reuter  -  124 words
    • 854 14 Current po> Ex date Books close Dcte payable Total for the year Total for previous ye Acmo Apollo Asiotic Dev B Sembowong Botu Kowon Botu Lintong Bolton CCM D Keromot Duff Dev Dutch Boby F N Fed Cobles Fimo M Box Gentings George Kent Goodwood Pork Guinness H
      854 words
    • 96 14 HONGKONG Australian Industrials Hong Seng Index Monday 920.7 Friday 921.6 Monday 868 63 Week ago 920.0 Friday 901.07 Week ago 936.37 NEW YORK Dow Jones TOKYO Friday 1132.40 Tokyo Dow Jones Thursday 1126.55 Week ago 1131.07 Monday *****.87 Saturday *****.43 Standard and Poors Week ogo ***** 50 Friday
      96 words
    • 130 14 MARA Bumiputra Fr»» B'putra 5 78 5 83 Second B'putra 5 24 5 29 Third B'putra 4 39 4.44 Fourth B'putra 4 90 4 95 Fifth B'putra 344 349 Sixth B'putra 3 39 3 44 Seventh B'putra (A) 2 22 2 27 Seventh B'putra (B) 4 06 4
      130 words
    • 520 15  -  By CHAN OI CHEE FOOD-based Cerebos Pacific Ltd will soon have a listed vehicle for its New Zealand interests following a merger agreement with a food company, Gregg's Ltd of South Island. Cerebos Pacific, which obtained a listing on the Stock Exchange of
      520 words
    • 172 15 STOCKHOLDERS of Sea View Hotel Ltd's 10 per cent convertible unsecured loan stock 1980/ 85 will be entitled to an interest of 10 per cent per annum less tax for the one-year period from Aug 1,1983. The company's transfer book and register of loan stockholders will be closed
      172 words
    • 239 15 Reuter EVERBRIGHT Industrial Co has not cancelled any further property deals following the recent pull-out from a preliminary agreement to buy 1,100 flats in Hongkong, a spokesman for the company said. He denied stock market rumours that the company plans to withdraw from
      Reuter  -  239 words
    • 290 15 UNITED OVERSEAS Bank Ltd is selling its 51-per cent stake in United Eunos Warehouse Pte Ltd (UEW) to its property arm, Uslted Overseas Laid Ltd (UOL) for a total cash consideration of $9.03 million or 77 cents per share. Following
      290 words
    • 122 15 Reuter HITACHI Ltd yesterday announced that to meet growing demand, it will boost its export shipment of car telephones to the US to about 60,000 sets in the year ending March 31, 1985 from nearly 20,000 sold in the last fiscal year. It has
      Reuter  -  122 words
    • 812 15 EQUITIES yesterday ended the first day of the new account quietly firm, helped by Wall Street's higher close last Friday and RTZ's announcement that it wished to raise its holding in Enterprise Oil. At 3pm, the the FT 30 was up 1.7 points at 819.6. Enterprise closed at
      812 words
    • 585 15  -  Purchase worth $44m to be paid with new shares By CHAN MAY PENG CHUAN HUP Marine Ltd has contracted to buy 17 vessels from rig and construction-based Premet Bbd for a total consideration of $44.33 million. Chuan Hup will pay for the purchase
      585 words
    • 376 15 THE ÜBIQUITOUS Kuwait Investment Office (KIO) has acquired a strategic 20-per cent stake in Hong Leong Co, the Hongkong-listed company controlled by the Hong Leong group of Malaysia. KIO said in Hongkong that it had purchased 144.7 million shares in Hong
      376 words
    • 151 15 KEPPEL SHIPYARD LTD has signed a purchase agreement with Fujitsu (Singapore) Pte Ltd for a FACOM M-360 mainframe computer. The large-scale mainframe computer installation will cater to Keppel's present information needs on an on-line and realtime mode. Currently, all the group's information
      151 words
  • Page 14 Advertisements
    • 33 14 Prime shopping centre. Immediate return on your capital investment. Secured rental income from reputable anchor tenants, including big names in the retail industry. Contact Mansfield Property Services Tel. *****51/*****8 Telex: SPLTD RS *****
      33 words
    • 39 14 I PHILIP WAIN INTERNATIONAL HONG KONG REPOTE seeks appropriate locations in suitable buildings, complexes. Only agents/owners need call tel: no. *****55 to present their portfolio Mr Edwin Philips will be present in S'pore from 1/7/84 to meet with you.
      39 words

  • Page 15 Advertisements
    • 79 15 OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) APPOINTMENT OF SHARE REGISTRAR Oversea-Chinese Banking Corporation Limited announces the appointment of Peat, Marwick, Mitchell Co. as its Share Registrar with effect from 3 July 1984. All transfers, transfer documents, notices, correspondence and enquiries relating to share registration should be
      79 words
    • 36 15 SPECIALIST IN EXPORTING LOGS TO FAR EAST RED OAK-WHITE OAK WALNUT VENEER AND LUMBER LOGS TRANS-AMERICAN EXPORT COMPANY 9494 ALLEN ROAD. P O BOX 305, WEST CHESTER. OHIO *****-0305 PHONE 513-874-2244 TELEX 21-4334 TNSAM LOG WTCH
      36 words
    • 433 15 One Week Training Programme On Current Issues In Taxation and Investment Laws In ASEAN Countries July 4th August, 1984, Ming Court Hotel, Singapore. Asian-Pacific Tax and Investment Research Centre, Singapore a non-profit research and documentation institute engaged in providing impartial, objective and authoritative information on taxation and investment laws of
      433 words

  • YESTERDAY IN PARLIAMENT
    • 207 16 A REQUEST that the CPF Board act as a savings agent for Muslim pilgrims to Mecca was made during yesterday's debate on the Howe report. Three MPs brought up the subject of the obligatory Haj pilgrimage. Mr Abbas Abu Amin
      207 words
    • 237 16 MR SIA KAH HUI (Paya Lebar) yesterday sought National Development Minister Teh Cheang Wan's help to solve a dispute between a private developer and the trustees of a Chinese temple. He told Mr Teh that a private developer, who had surrendered a piece
      237 words
    • 68 16 THE HOUSING Board has built 202 factories in the Defu Industrial Estate while the private sector has built 59, National Development Minister Teh Cheang Wan said. As at June, 36 HDB factories in the estate had never been occupied. Of these, 16 were offered to resettlement
      68 words
  • 436 16  -  By ALVIN TAY RESIDENTS in Singapore placed more money with the foreign currency-de-nominated Asian dollar market in April this year, but drew down on their Singapore dollar deposits with commercial banks. Disclosing this, the Monetary Authority of Singapore said liquidity in the local money
    436 words
  • 215 16 Reuter THE SOVIET Union appears to have switched oil suppliers in the Gulf, importing more from Iraq and Saudi Arabia and virtually dropping Iranian purchases, according to foreign trade figures published yesterday. Western diplomats said the official Foreign Trade Ministry figures showed a
    Reuter  -  215 words
  • 103 16 Reuter DRESDNER Bank AG managing board spokesman Hans Friderichs will face trial on corruption charges, the Bonn district court said yesterday. It said Friderichs, who is a former Economics Minister, is suspected of accepting bribes. The statement said his successor, Otto Lambsdorff, will also be
    Reuter  -  103 words
  • 453 16  -  By LEE HAN SHIH A SHORTAGE of information about foreign markets has left many computer companies in the dark and will seriously handicap the Government's plan to export computer expertise. The success of the plan depends on the ability of computer companies to
    453 words
  • 197 16 THE CONTROVERSIAL "Kodak" buses are back on the roads today, with smaller advertisements and larger slogans and logos commemorating Singapore's 25th anniversary celebrations. The first bus will be used on SBS Service 7, between Clementi and Bed ok. Brightly decorated buses painted
    197 words
  • 293 16 By SOH TIANG KENG THE SINGAPORE Internatlsnal Miiftiry Exehaage (Slmex) yesterday sispcaM geld futures trading tar three days to pave the way tar toe start af toe ■ew geld contract «I Thnrsdny. Saspeasiea was accessary becaase af toe de-list-tag sf toe
    293 words
  • 243 16 Reuter A FOREIGN ministry official went on trial yesterday on charges of passing information, including notes of meetings between a minister and senior US officials, to a local businessman. Businessman Phua Keng Tong was also charged with receiving restricted official material from the Foreign Ministry's
    Reuter  -  243 words
  • 67 16 THE stock market was slightly lower in early trading yesterday as investors remained cautious in advance of the completion of a Treasury refunding this week. The Dow Jones Industrial Average, which rose only slightly more than a point last week, was down over one to nearly
    67 words
  • LATE FILE
    • 36 16 AP THE PHILIPPINE Supreme Court has ordered President Marcos' regime to end more than six years of solitary confinement for alleged communist rebel leader Jose Maria Sison but rejected Sison's plea for freedom.
      AP  -  36 words
    • 40 16 UPI JAPAN'S foreign exchange reserves in June declined for the first time this year due to the Bank of Japan's sale of US dollars to bolster the Japanese yen, the Japanese Finance Ministry reported yesterday. UPI
      UPI  -  40 words
    • 60 16 UPI THE Standard newspaper of London said yesterday that international terrorist Carlos Illich Ramirez Sanchez, known as "The Jackal", was believed to be among nine people on a Cyprus-Beirut ferry when it was seized by Israel. "The man thought to be Carlos boarded the ferry as it
      UPI  -  60 words
    • 54 16 Reuter A SOUTH KOREAN business delegation left for Japan yesterday on a sixday visit aimed at redressing Tokyo's huge surplus in bilateral trade, the private Korea-Japan Economic Association said. The 39-mem-ber mission will meet business leaders in Tokyo, Yokohama, Sapporo, Kitakyushu and four other Japanese cities,
      Reuter  -  54 words
    • 59 16 Reuter BOLIVIAN President Hernan Siles Zuazo, whose brief abduction over the weekend threw the country into crisis, has received a muchneeded breathing space from the trade unions, enabling him to tackle the worsening economy. The powerful Bolivian Workers' Confederation decided cm Sunday to lift an
      Reuter  -  59 words
  • Page 16 Advertisements
    • 185 16 o ct> Ct> Clinomint is good for smokers and anyone else who desires health tef. whiter teeth Clinomint gel is a uniquely formulated toothpaste with Ftolynam 11 (TM). an effective cleansing agent that safely removes tobacco tea. coffee and other stains from teeth without harming your enamel Clinomint contains fluoride
      185 words
    • 489 16 Asean Management Abstracts Your regular update of new ideas and techniques. Men, money, materials... as a manager, these are your main resources, and you have the complex task of making the best use of them. To help you do so, you need to keep up-to-date with new ideas and techniques
      489 words
  • Page 16 Miscellaneous
    • 46 16 Outlook for today: Foir. Report for 24 hours prior to 7.30pm on July 2 at the airport: Maximum temperature 31.3 Associated humidity 69 Minimum temperature 25.1 Associated humidity 97 Hours of sunshine 8.05 Rainfall in millimetres Nil Rainfall this month 0.2 Rainy days this month 1
      46 words

  • SHIPPING TIMES
    • 324 17 AMERICAN President Lines has signed an agreement with Boustead Shipping Agencies which makes the Kuala Lumpurbased agency APL's exclusive agent for Malaysia and Brunei. The move will help APL handle an increasing flow of cargo between North America and
      324 words
    • 541 17  -  By DANIEL SIM MAERSK LINE'S capacity expansion in the transPacific trade will be completed with the delivery of the Lars Maersk this week from a Danish shipyard. The new vessel will begin its career as a container ship loading at New
      541 words
    • PORTSIDES
      • 102 17 Reuter IRAQI MISSILES hit a South Korean freighter off the Iranian Port of Bandar Khomeiny on Sunday and set it on fire, a Seoul foreign ministry spokesman said. Four of 23 crew on the 6,163-ton Wonjin were injured in the attack by the Iraqi air force which
        Reuter  -  102 words
      • 106 17 THE Liberian-registered tanker Tiburon, hit by an Iraqi missile in the Gulf last week, will go to scrap after its cargo of 260,000 tonnes of Iranian oil is pumped off, a Rotterdam-based salvage firm said. Eight members of the crew were killed in the Iraqi attack which
        106 words
      • 91 17 LLOYD'S Register of Shipping has opened an exclusive office in Montevideo, with its former acting surveyor R Gallino as the ship and engineer surveyor in charge. The Montevideo sub-office will deal with classification, statutory and repair surveys in all ports in Uruguay, as well as developing
        91 words
    • 661 17 Shipping Lin* fn* Col Ateo VI 3 Ahrenkiel Liner VI 5 Alpoc VI 5 Antoro Shpq IV 1 APC Une V 4 API N 4/5 ASCL N 1 Asiobroker V 5 Austovo Line V 1 Bolt-Orient VI 4/5 Bangkok Cont VI 2 Bank Lme V 5 BBS
      661 words
    • 886 18 Seatrade SINCE NOVEMBER 1982 delivery of the first American President Lines (APL) 2,500 TEU C-9 container ship on the US West Coast, the writing has been on the wall for carriers in the trans-Pacific trades. Now the race is on to expand fleet capacity
      Seatrade  -  886 words
    • 181 18 THE AMERICAN Bureau of Shipping has published a manual for bronze and stainless steel propeller castings. The manual is divided into two parts one for bronze propellers and the other for stainless steel propellers with each" sections titled introduction, materials, inspection, welding, straightening and
      181 words
    • 1472 18 INDIAN government brokers remain fairly active on the freight market on Friday while moderate grain chartering developed out of the US, shipbrokers said. Two vessels were booked for di-ammonium phosphate from the US Gulf to west coast India at an unchanged U5533.50 while ammonium sulphate was covered from
      1,472 words
    • 250 18 SEMBAWANG Engineering has signed a technical agreement with Paladon (Engineering) Ltd of the United Kingdom for the engineering, supply and manufacture of multicyclone separators. The tie-up brings Sembawang Engineering one step higher up the technology ladder, and with the use of computers, allows for rapid in-house
      250 words
    • 223 18 NOR-SHIPPING will incorporate offshore-related activities as part of its presentation from next year. An exhibition and conference called "Offshore Supply" will be included as part of Nor-Shipping from 1965. The event, entering its 10th year, will be held from May 6 to 10, 1985. The
      223 words
    • 252 19 STATE-OWNED Ceylon Shipping Corporation has made plans for a new service to Australia and New Zealand. The shipping line, which started 13 years ago, already operates services to Europe, the Middle East, Far East, North Africa and the United States. It owns 14 vessels,
      252 words
    • 534 19 A TREATY designed to facilitate and improve maritime search and rescue operations around the world has received the final ratification required (or entry into force on June 22,1985. The conditions few entry into force of the International Convention on Maritime Search and Rescue, 1979
      534 words
    • 192 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. AHRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container
      192 words
    • 270 19 Lloyd's List AN INFORMATION pool for independent tanker owners set up to speed payment from "difficult" charterers has enabled settlements of US$6 million, it is claimed. The International Association of Independent Tanker Owners Intertanko says that $1 million»of the payout followed threat of
      Lloyd's List  -  270 words
    • 5100 24 §®aBlD(IEB 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
      5,100 words
    • 614 25 BBST RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement Voy date/time Operator cargo schedule Location Pelopor 90 3.7.84 2300 Boustead TA 3 1000-1100 B2 Keumgang Glory 5N/84 4.7.84 0100 Worldwide TA 3 1200-1300 P4 Gory Ace 47A 4.7.84 0300 O Lloyd
      614 words
    • 1652 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S>. Afra-Earaate Use Transgroup (S) AhrenkleJ Uwt ServW Kim Shpg <S> Alfred C Twftw Oceanus Shipping Agency (S) Marintex Enterprise (PK). AlpM Intrasea (S) BinUng Shpg (KL)/ Island Cargo Handling
      1,652 words
    • 461 26 Jane 2S-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). July 5 Occupational exposure limits, Oyez Scientific Technical conference, London Press Centre, London
      461 words
    • 510 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Balder Jiangchow 35/6 Y Fung alongside 3.7.84/2300 Chitral 47 PIL alongside 3.7.84/1500 Oceania Star 19 Sharp alongside 3.7.84/1500 Potsdam 10/11 S'pore Shpg alongside 3.7.84/1500 Rajah Brooke 20 SSPL alongside 3.7.84/1500 Ramdas 31/2 R Jumabhoy alongside 3.7.84/1500 Tropical
      510 words
    • 521 26 AFP THE RENEWAL of attacks on neutral shipping in the Gulf area brought increasingly tense and nervous conditions to the tanker market last week, with rates to Japan at five year highs. Early in the week, rates tended easier. But subsequent to the Swiss-owned Tiburon being hit and
      AFP  -  521 words
  • Page 17 Advertisements
    • 392 17 LlNEc&£tm itMA SMirrme c«'<u nt* FULLY CONTAINERISED SERVICE! FAR EAST/EUROPE TO CHEVJU.O RO2E 39N 5/7 J /7 -FX/HA/M/AT NEXT LOADER NEXT DISCHARGER FROM KOKMMCIJM24C LH/RO/FX/HA/BM/AT Ajtnh: CItONN MAMC CO (PTC) LTD TEL ***** M KL (PGT) T«fc *****6 For mors details raftr pagt IV Jardines lAHDIXK A NT AH w
      392 words
    • 209 17 OSEALORDH >■ UASC J UNITED ARAB SHIPPING CO SAG) L= B NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT, QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES 1 EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE FROM IM'VN TAIWAN HOM.hOM. IK M. MMUKH V I RED SEA SERVICE SEALORD SHTPMG AGENCIS <R«. No. *****5/OOC) 70
      209 words
    • 27 17 LONDON Freights 11/11 l CONSORTIA 111 SHIPPING Schodul* VIII/IX CONTAINER Schodulss IX WHO Acts for Whom IX SHIPPING Evonts X SHIPS In Port X REGIONAL Wssthor X
      27 words
    • 788 17 ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd TEL: *****3 EXPORT FASTEST SERVICE TO USA EUROPE l TO U.S. PACIFIC. GULF. ATLANTIC, FAST CANADA. INLAND POINTS .r'il Saied Saied 5- 5/7 6- 7/7 12-12/7 13-14/7
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  • Page 18 Advertisements
    • 246 18 FAR EAST/EUROPE CONTAINER SERVICE To Europe. From Europe Sailed I TOY AM* 8/7 29/6 NIHON 5/8 S [DO N. HOUTMM 3/g Mm fcccaptinf ftr 1) Barcelona Genoa. 2) Amsterdam Antwerp I Havre. Basle. UK. 3) Bremen Br enter haven Aarhus Copenhagen Hetsanki 4) Uaimo Stockholm. Oslo •Accepting Europe cargo tor
      246 words
    • 273 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wh( Pacific North Wast Faadar at Tokyo Faadar at Koba Atlantic/Canada Faadar at Koba N TOM Ml SJOM 25/1 23/1 27/1 4 CONVENTIONAL SERVICES Pan Asia Line: ltd. CONTAINER SERVICE s TO/FROM JAPAN A TAIWANSI Qt' ace MOMS ACE FNMY ACE 7/1 AGENT?
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  • Page 19 Advertisements
    • 922 19 The Straits Steamship Group QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok [CONTAINERSHIP SERVICE TO UK CONTINENT STORE IIOK PEGASUS PMX *33* h Nrt/M M 0* 07 M *casus run mm iouu u-mm BANGKOK AGENTS: BORNEO AGENCIES LTD. BANGKOK TEL: *****80 ALBQ ACCEPTING CARGO
      922 words
    • 504 19 Franco Belgian Services (Ml MBF H OF ACt CONSORTIUM) •Mi,"! m tt "TTTJ m* 10 trot fuu comwßßMr gwg wow paw* STM P KELANE la Hairt t'tm F?Mm Han M Ita KW| VH*m l'M>p UHtn Pi*m Span 5M IM MM 25 M 27 M 21 M MM 1 fa| KOKJMIMZJR
      504 words

  • Page 20 Advertisements
    • 588 20 u Hapag-Uoyd 10 CONTIKNT/UK EXPORTS I FROM CONTINENT UK IMPORTS fROM USA CANADA Singapore Booking Freight CFS ??17? Agents SEGANI *****66 K lumpur 4131 1 1 483?49 *****4 *****78 P Man* *****8 CFS 389?78 i Pen.ing 36Q757 *****3 *****3 Terrrnnal ??***** I ANTARA SHIPPING SDN BHD No 36 JALAN BERANGAN
      588 words
    • 417 20 M.S. LINE b FULLY CONTAINERISED SERVICE MOHfM t* *l TO EUROPE VIA SUEZ 1 A Memtiet ol the Ace Coraoftum CtCVALBt RO2E m NEFTWf arm 1* MAnaunm KOKAN CHANCE IIW KOKAN MC£*l 25* FROM EUROPE VIA SUEZ J A Memoer ol the Ace Consortium MK«n lmtH| Buun I#r» 13/; 14/7
      417 words
    • 442 20 r EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG FCI i ICI CARGO *OR Hi rn m KM MM uw E»tr Gun) 17/17 07/07 21/17 30/07 01/00 02/00 04 00 Er*Gfcr r 10/07 17/17 07/00 09/01 11/ M 12/ M 14 00 11/07 01/00 21/01 23/00 25/00 27/01 29/ M aiso
      442 words
    • 936 20 KIE GWAN SHIPPING (M) SDN. BHD. No ?6 A J ALAN BERANGAN PORT KELANG SfIAMGOR MALAYSIA m Not *****2. *****5 *****2 *****4.*****2.*****7 W. MALAYSIA/S PORE TO E. MALAYSIA SERVICES: U.IOMOH SATU KKMu S kan. Tawau TKITA Kuchmg HKDIu tHATI BAW KKblu S kan. Tawau TGAMBELA KKblu Skan Tawau tHATI SENANG
      936 words
    • 280 20 omrrmu 1 i.nrjo, i urmja;, •uij' iw» US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES KAN BOftHAN VESSEL B Abbas. B Khomen do PORT HUANG Pt NAN S«0S( MARITHK PU LTD Til ?MIIM 7 I ??013?0 MAIOSE MARITMt SDN BHD Tel *****2 3
      280 words

  • Page 21 Advertisements
    • 581 21 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE SINGAPORE LOADING FOR: s°l* f-50* **12/7 HOOEIOAH, JEDDAH, AQABA s°l* 18-21/7 ADEN. HOOEIOAH. JEDOAM. AQABA, PTSUOAN *°I* *s°*" E 513 11-14/7 MOKHA. HOOEIOAH. JEOOAH. MOMBASA. OSALAAM, MAPUTO *°I* Jl5 W ADEH, HOOEIOAH. JEOOAH, AQABA KOTAMEOAH E-517 10-15/1 HOOEIOAH. JEDOAH, AQABA. PTSUOAH, MOMBASA, D'SALAAM
      581 words
    • 255 21 MALAYSIA SHIPPING CORPN. SDN. BHD. VESSQ VOY. PENANG P. KELANG LOADMG FOR KOTA BERLIAN 5/M hPt-5/7 KU/KK/LD/TA KOTAMDAH 5/14 taM-3/7 4-1/7 KK/SXH/TA KOTAHAHAPAN 6/14 11-11/7 KI/SXN/TA KOTABAHAGM 6/14 19-24/7 KU/KK/SXN Agents SINGAPORf Pll IF I *****33 P KFIANG SFIATAN AGFNCY TFI *****6 *****32 K I SFIATAN AGFNCY TFL *****9 *****2
      255 words
    • 684 21 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE "-*-1 E«»rtu 13/7 14/7 Cartgai. Bj, 21/1 23/7 nn »/7 Lntrpaal Bay 4/1 t/l Drtaitfi fipr«i 12/| u/t HaaWwg Eiprm 11/| 21/1 Kwrnia Man. H/l /f. U SHAVEN ROAM HAVRE 11/7 IM/1 *y,l X/ 1 nil nP 11/7 71/7 lt/5 l'\ 4/1
      684 words
    • 598 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE r Far East S'pore Service Full Container Vessel Buun Toko- Kobe Km- Sparc TjWok MA MP MIT shwnj VIIOB/11MB 11/6 20/6 21/6 24/6 5/7 7/7 GOWA *10 08 11/7 14/7 16/7 20/7 26/7 27/7 EXPRESS SEMI-CONTAINER SERVICF TO/FROM EUROPE I STOK P KEIAMGRDAM/ TUWY/tfBW6/ ANTWERP
      598 words
    • 554 21 V BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION S'pore Poon V 73 8/11 July Pinyo V 74 11/14 July Htoneywo V 194 Pogon V 75 1/3 Aug Loadmg for Ranfoon P.Kelong Penong 14/16 July \> BANK LINE EXPRESS SERVICE TO UK/CONT CLYDEBANK FORTHBANK SPORE R'DAM HULL HMBG 16 July
      554 words

  • Page 22 Advertisements
    • 763 22 kECUADOR/PERU/CHILE »j IV LINE —KAWASAKI KISEN KAISHA, LTD. FEEDER I K PKM ER V 32 FEEDER K PIOHER V 35 MOTXR ttl TAtSHAN V 4701 MOTHER VSI SEA EXPORTER V 4514 SPORE Jul SPORE KOBE 30 kn MM ROBE E OAS 3 Auj 29 Auf GUA YAQUM. CAIIAO 24 Auf
      763 words
    • 308 22 —1 IE CHAR CHING MARINE CO LTD CfJJk'li USA WESTCOAST FULLY CONTAINERISED SERVICE Via Wcrobndf* to Haul C*» Dalai Momphn Mmapofc SI. Law. Fortmrtt Via lanftotadi. Oakland t Sejltte to San Ditto. Stockton. Sacramonto. latanu Lorn near. Vancouver WA RED SEA FULL CONTAINER SERVICE STORE LOADING FOR Char Hwa 05
      308 words
    • 677 22 £f(3tf£s« CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Im** tm lOS ANOUS SAN fAANCISCO SEATTU lACOMA VANCOUVER BC Acctptoif Fa /fa C«!t anm ;"r sri vc AUSTRALIA EXPRESS CONTAINER SERVICE Acccpto* FCI FCI Calmn Aho ic< fptnj horn P Man, tor Auck Nrt l,tt M* Sf* MMKC^h "ftAMDAS 4 S
      677 words
    • 755 22 SANKD ASIA UNEj FROM JAPANESE PORTS AWO HONGKONG Agent* Singapore CF Sharp &Co (M) Pie Ltd Tel *****22 Port Kelong Jan AS Shorp Sdn Bhd Tel *****4/*****9 Penong JANAS Shorp Sdn Bhd Tel *****5/*****9 general survey for (i) SHINKO MARU »>ll be held on 47 84 OCEANIA STAR .ill be
      755 words
    • 562 22 INTRASEA (PTE) LTD It 10 Anson Road »27 16 International Plaza Smqapore 0207 Tel *****11 (lOLinesi o BREAKBULK SERVICE TO EUROPE/UK FORT NELSON *****07 S pore P KeUnf Luda* far:7/7 11/7 SETE/ROTT/AHT/U*. ALP AC LINE ALPAC ASIA 165M8 P Kelang Loadrtf far: OurbM/Taiutm SEAWOOD SHIPPING CORPORATION S pore P Kelang
      562 words

  • Page 23 Advertisements
    • 667 23 SLNOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): C RO2I 39W+..... N CRYSTAL 1W...._ MAETERLINCK 2W. K CHANCE ISW K JACEJM 25W TW BRDGE 21W. Also accepting cargo to/from Scandinavia -I- C ROZE S'pore Closing Times: FCL Cargo 1500 4/7 LCL Cargo 0300 4/7 FROM EUROPE (VIA SUEZ) K
      667 words
    • 509 23 EUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK. KEELUNG BUSAN, INCHON No t Down 404 M Mi I Dmh/WW Irtui «0K Hi 1 Don** 403N lb DMW 40* No I Donan/tMN tii nn W/7 14/7 17/7 17/7 tin USCHMGMG ONT 6/1 Vt i?/« H ,i o Donwi 40tt
      509 words
    • 673 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD 55 0104 Tefcptaw (timbers *****3 (15 Ln«) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK AT NAH SOON SON BHD IST AND ?ND FLOOR NO 1 Ml AN CfMPfWNG PORT KLANG MALAYSIA Tel *****6/8 Tel*.
      673 words
    • 10 23 u.- ahrenkiel liner service gmbh DURBAN. JOHANNESBURG. MAPUTO. MAURITIUS REUNION
      10 words

  • Page 24 Advertisements
    • 634 24 :f jtcfliwual Container Lhw fmj 3 Sailings Weekly Reliable Regular Punctual Berthing P.S.A. 1500 Hra. Tuea, Thura Sat HINODE KISEN CO. LTD MID Pit: hi ST RtCiILAR LI\'ER Ai MMi AiPHA PACIFIC *H««y th 120 tore fttf Loading for Mdth. Salala* Muscat Mmi Otubi. Doha. Bali dsr-liinies VEB DEUTFRACHT/SEEREEDFRFI ROSTOCK
      634 words

  • Page 25 Advertisements
    • 65 25 French Line J ICCJBt GENERAL AGENTS SEAUON SHPfMG (S) PTE LTD. V SMGAPORE SALES/BOOK MGS TEL *****11 (t IMS) -CONTAINER SERVICE TO BANGLA-DESH/MMA/SRI LANKA/PAKISTAN r W"-'w™iTxw utmmi ORlf N! Al Sf A WINDS lINfR AG! NCY PIF I ID SINGAPORE TEL *****81 SALES/BOOKINGS MALAYSIA GENERAL FREIGHT |M) SDN BHD PK
      65 words
    • 251 25 Scan Dutch 9 K&j* To Europe (Med/UK/NC/Scan) Anson Skf Anson 5/7 Anson 12/7 Anson 19/7 Anson 26/7 Anson 2/8 P. KELANG B But'ang SU B Kemuning 6/7 6 Butang 13/7 B Kemumng 20/7 B Butang 27/7 B Kemumng 3/8 Toyama N Houtman Juttandia B Permai Nihon ScanOutch Edo To Red
      251 words

  • Page 26 Advertisements
    • 21 26 LUCKY SEAWAY SERVICES PTE. LTD. 89 Short Street, 10 07/08 Golden Wall Auto Centre. S pore 0718 Tel *****55 Tl» *****
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    • 35 26 BRAVAS LINE S. A. SPORE P. Kriant Loadnf for M.V COMET 9/11 M 12/13 M Colombo Mafras AGENTS: TAISIN SHIPPING PTE LTD WORLD TRADE CENTRE 1 MARITIME SQUARE #12-18 SINGAPORE 0409 TLX: R*****1 TEL: -*****11
      35 words
  • Page 26 Miscellaneous
    • 174 26 Ti K N m > J 2 Li Zfc iZa SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature c A V Shower Weather -V Wind direction with speed in knots Rom v^,J O Cloudy Sky Wov
      174 words