The Business Times, 4 July 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 WEDNESDAY, JULY 4,1W4 60 CENTS
    11 words
  • 557 1  -  PROPOSAL TO RETAIN MINIMUM SUM AT AGE OF 55 By AMY BALAN MUCH OF THE heat was taken out of the debate on the CPF withdrawal age yesterday by a cool and measured compromise presented to Parliament by Professor S Jayakumar who, as Minister for Labour,
    557 words
  • 323 1  -  By JEFFREY TSANG THE DEMAND for executives in engineering research and development has increased, statistics compiled by a firm that helps its clients recruit senior people indicate. The firm, Korn/Ferry International, reported no demand among its clients for RAD executives in the first quarter of
    323 words
  • 191 1 AFP PHILIPPINE President Marcos yesterday created a seven-man Cabinet Standing Committee that would run the day-to-day affairs of the national government, an official statement said. The committee is composed of Premier Cesar Virata, Deputy Premier Jose Rooo, Defence Minister Juan Ponce Enrile, Justice
    AFP  -  191 words
  • 209 1 THE MALAYSIAN government has rescinded its decision to collect a toll (or the use of the Causeway. It was all a misunderstanding, Works Minister Datuk Samy Vellu said yesterday. He said the toll to be collected at the entrance of the Causeway into Malaysia
    209 words
  • Article, Illustration
    67 1 MAM prices tin Sngaptre stsek market etosed ml m I Improved vstame The BT Cempestte lad ex gained 1.1 points to 811.18 while the Straits Times Industrial Index Inched ap US pstnt toMJS. Bisters expect the Iml market to aasame a steadier uifrtiir after hit week's drastic tails.
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  • 475 1  -  By RAY HEATH, Associate Editor A BIG beer battle that has broken out in Britain has opened up a $2 million a year sales opportunity for Tiger Beer brewed by Malayan Breweries Ltd in Singapore. Since March 12, containers
    475 words
  • 316 1  -  By ALVIN TAY THE US DOLLAR, aided by higher interest rates and signs of sustained economic growth in the United States, traded to a 4 1 2-year high of 552.1410 against the local dollar on the foreign exchange market in Singapore
    316 words
  • 253 1 TWO BUILDING contractors were fined a total of $10,000 on Monday for providing inadequate safety measures at their worksites which resulted in fatal accidents. Hoe Hock Heng Construction and Eng Lim Construction were charged for offences under the Factories Act and were each fined $5,000. Investigations conducted
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  • Page 1 Advertisements
    • 77 1 OA FOR SUCCESSFUL OFFICE AUTOMATION SEE HOY CHAN GROUP Singapore Ml" *****62/4 K.L Ml: 03-*****0 Pvnang Ml 04-*****9 I poly Ml: 06-SM7M PSA MULTI-STOREY COMPLEX PHASE II The New One Location Warehouse cum Office Concept with Container Freight Station jc 3 1 u, j, ~,i,!, Outstanding Features I :i l'
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    • 208 1 How# on problems of th# tytd, lock Pay® mm SHARE INFORMATION 13 RAW MATERIALS 12 MONEY 4 EXCHANGES 7 SUPPLIES of money or* growing more slowly in the industrialised countries a sign that inflation is being kept down but they're going up fast in 40 developing countries, according to IMF
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    • 71 1 FuN report, Pmg* 13 Luxurious 1-bedroom or 2-bedroom apartments Fully furnished Full housekeeping service Free membership of Plaza Health Club Free carparking 24-hour telephone and telex services Rental from 553,000 p.m. inclusive of service and utility charges Attractive discount for long term lease •I *4 THEFLAZA SERVICE ABUTMENTS Managinq Aqpnt
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    • 18 1 Savings Accounts Current Accounts Term Deposits Personal Loans i-j" FOUR SEAS COMM S A''G\S §-SM. Head Off'c e
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  • HOME NEWS
    • 602 2  -  By JOANNE YAP BIRDS OF THE same voices may soon be flying to Singapore annually for a regional "talentime" which could become an unusual tourist attraction. For the first time, computers will be used to help in the judging of this
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    • 229 2 A BATTERY-opera ted forklift made its Asean debut at the construction products exhibition, Conpex-Asia '84, at the World Trade Centre last month. The NYK Battery Reach Truck is specially designed by Nippon Yusoki Co Ltd, to move with ease and safety along narrow aisles in
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    • 206 2 THE NURSE of today must broaden his h*rtxon to work efficiently In a new, perhaps mere hostile eavlronment breaght about by rapid iadnstrlallsattoa. Speaking at the inauguration •f the first occupational wealth aarslng course, Mr Eageae Yap, Parliamentary Secretary (Labour) said gene were the days
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    • 376 2  -  By R RAMA THE NANYANG Technological Institute would like to have more female students. Currently, only 10 per cent of the institute's total student population are girls. This was pointed out by Dr Cham Tao Soon, President of NTI, at the NTI Welcome Convention
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    • 141 2 Seminars and courses DURATION TITLE VENUE ORGANISER July 2-4 Predicting Corporate Financial Distress July 2-6 CAE/CAD/CAM: An Introduction to Factory Automation July 2-6 Coaching Tracing SkiHs July 2-7 SIM Course Leaders' Course Conferences Novotel Orchid Inn Jurong Town Hall SIM, Thong Teck Bldg ApoNo Sentosa Hotel Institute Of Banking
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    • 72 2 A TWO-DAY workshop on freight management will be held at the Ming Court Hotel on July 5 and July 6. The workshop will be led by Jack Mears, an American transport consultant who is an active member of the Society of Automo- tive Engineers and a course leader
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    • 439 3 ALTHOUGH COMPUTERS cannot prescribe antibiotics or write medical certificates, there is one which can help doctors work more efficiently and it is now available in Singapore. The Medrecord system was developed by DR G R Simpson, an Australian doctor.
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    • 130 3 AUSTRALIA WILL have the biggest national stand at this year's Singapore International Furniture Show. Australian participants, keen on increasing exports to Asean countries, have joined forces for the first time to take up about 1,000 sq metres of exhibition space at the World Trade Centre.
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    • 492 3  -  By LIM SOON NEO THE GIANT Tokyu Corporation of Japan will take up 50 per cent equity in the Pan Pacific Singapore when the hotel at Marina Square is completed at a cost of more than $400 million. Mr Thomas Arai, president of Tokyu Hotels International,
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    • 438 3  -  By FOO CHOY PENG SIX HUNDRED clerical and production workers of Singapore News and Publications Ltd (SNPL), formerly represented by three different unions, have now come under one umbrella. A house union, known as the Singapore News and Publications Employees' Union, has been formed
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    • 112 3 BY OCTOBER, manufacturers will have a 240-page directory listing packaging services in Singapore. Published by the Packaging Council of the Singapore Manufacturers' Association (SMA), the directory will be the first comprehensive book on packaging products and services. Previously, only a simple 20page directory was published for
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    • 149 3 DRIVERS lucky or unlucky enough to have been travelling along the Upper Bukit Timah stretch of the Pan Island Expressway early yesterday morning between midnight and 6am would have seen the last of the four pre-cast concrete beams being lifted into
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    • 74 3 THE MONORAIL service at Sentosa will be temporarily closed from July 9 to July 25, to enable painting and general inspection works to be carried out on the 6.lkm track. This is an annual maintenance and safety inspection programme. However, the island's bus service will be
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  • Page 2 Advertisements
    • 475 2 Let's say you liked all the personal qualities of the 4th generation Apricot.Were impressed with all its 4th generation features like transportability, the unique microscreen and the dual-processor 16-bit architecture. Were pleasantly surprised by the thousands of dollars of software that came with it free. And were amazed by its
      475 words
    • 66 2 LUCKY GARDEN RESTAURANT PTE LTD The widest selection of Hong Kong cuisines and the best of live seafood. Try our latest speciality DURIAN PUDDING And, now, till July 31st an Absolutely FREE 35 cl bottle of Hennessy XO is yours to enjoy for all meals exceeding $300 charged through American
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  • Page 3 Advertisements
    • 206 3 National has the answer. A key telephone system. The National GX-616 and GX-1232. Instead of a number of phones per desk. The system allows up to thirty-two employees to have one phone with access to twelve external lines. JV" j This means there is greater control incoming and outgoing calls;
      206 words
    • 216 3 Consider an office address of rare distinction: ft m The one and only Octagon. Along with a tenant list that reads like a Whos Who. the Octagon boasts a list of uniquely distinctive advantages: Prominently situated at the junction of Cecil and Boon Tat Streets, the Octagon is a landmark
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  • OVERSEAS
    • 481 4 AP SUPPLIES of money are growing more slowly in the industrialised countries a sign that inflation is being kept down but they're going up fast in 40 developing countries, according to figures published on Monday by the International Monetary Fund. The fund
      AP  -  481 words
    • 235 4 NYT THE US Ambassador to France, Evan G Galbraith, held a highly unusual news conference in Paris on Monday to call on the US Federal Reserve Board to lower short-term interest rates and allow the money supply to grow. Mr
      NYT  -  235 words
    • 485 4 AP BRITAIN'S steel unions on Monday rejected a demand by the left-led miners' union to halt production, raising (ears of renewed serious violence on picket lines as a coal strike in protest at pit closures entered its 17th week. "This policy
      AP  -  485 words
    • 346 4 AFP FOREIGN MINISTERS of Vietnam, Laos and Cambodia have called for immediate dialogue with Asean. In a communique issued yesterday after their ninth foreign ministers' meeting which ended on Monday in Vientiane, they also reaffirmed their solidarity in the face of perceived foreign
      AFP  -  346 words
    • 135 4 BEFORE THE tears flowed... Mrs Imelda Marcos conferring with government counsel Manuel Lazaro at her testimony before the Agrava fact-finding commission on Monday. During her testimony, Mrs Marcos wept as she recalled that she once saved the life of the late Benigno Aquino, but failed to
      UPI photo.  -  135 words
    • 182 4 AP TUFTS University presented King Bhumibol Adulyadej, Thai- land's constitutional monarch, with an honorary Doctor of Laws degree on Monday, saying his "lifelong commitment to the health, education and well-being of the Thai people is an exam- pie to leaders of all nations".
      AP  -  182 words
    • WORLD IN BRIEF
      • 84 4 CLUB Mediterranee, the world's largest vacation camp chain, will extend its empire east to China, company officials announced on Monday. The club's latest "village", as the hut-studded vacation centres are generally known, will spring up in Shenzen in Guangdong province. "In the next 10 or 15
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      • 66 4 A STRIKE by US film and television directors that could interfere with the telecasting of the Olympic Games appeared a strong possibility on Monday. The 7,300 members of the Directors Guild of America were voting on a new threeyear collective agreement that has been rejected by the
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      • 77 4 THE China National Offshore Oil Corp announced on Monday that a third high-yield oil and natural gas well has been completed in the Sino-Japa-nese exploration zone of the Bohai Sea. The announcement, reported by the official Xinhua news agency, said the well is producing 526 tonnes of
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      • 49 4 BANKRUPTCY cases in the Japanese textile industry reached a record 821 cases with an aggregate debt of 150 million yen during the first half of 1984, the Japanese press said on Monday. This was atto-ibuted to sluggish sales of spring clothes due to the unusually cold weather.
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      • 99 4 THE US Supreme Court ruled 6-3 on Monday that state trial judges can sentence a convicted murderer to death even if a jury recommends a sentence of life in prison. Saying the US constitution does not guarantee juries the final say in sentencing, the court upheld a Florida
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      • 49 4 Agencies AUSTRIA will buy nuclear fuel from China and in exchange, the Chinese will process and store Austrian nuclear waste, a Chinese embassy official said on Monday. It said commercial details had yet to be worked out and a long-term agreement would be signed later. Agencies
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    • 351 4 Reuter NEARLY HALF of the world trade in crude oil is now being done on the basis of spot (free) market prices due to a glut of supplies, rather than the official prices set by producers, industry sources said on Monday. The
      Reuter  -  351 words
    • 94 4 Reuter FRENCH REFINERIES may suffer a loss of about US$l million this year, if urgent measures are not taken by the government. A French o{l industry union report said losses in the refining stctor could increase next year if the J European Bill en eliminat-' ing
      Reuter  -  94 words
    • 381 5 UPI A JUDGE yesterday dismissed multiple-murder charges against two foreign priests and six Filipino church workers, ending a two-year battle over the case between the church and state. "I am filled with joy to be free of this terrible jail," the Reverend Niall O'Brien,
      UPI  -  381 words
    • 146 5 Bernama THE MALAYSIAN Immigration Department said yesterday that no new ruling has been imposed on holders of Hongkong certificates of identity wishing to come to Malaysia. It was referring to a report on Monday claiming that the government had made it tougher
      Bernama  -  146 words
    • 279 5 Reuter SECURITY FORCES were on alert in India's Jammu and Kashmir state yesterday after the sacking of Chief Minister Farouq Abdullah, who has vowed to fight his dismissal like a tiger. State capital Srinagar was under indefinite curfew and paramilitary reinforcements were sent
      Reuter  -  279 words
    • 191 5 AP ASEAN DOES NOT intend to set up a new cooperative forum in the Pacific. Indonesian Foreign Minister Mochtar Kusumaatmadja said yesterday that the meeting between Asean and the US, New Zealand, Australia, Japan, and Canada in Jakarta next week would only serve
      AP  -  191 words
    • 180 5 Reuter DEBT-BURDENED Ecuador and Venezuela will seek to persuade Organisation of Petroleum Exporting Countries' ministers next week to peg oil prices in return for lower US interest rates, Ecuadorian Oil Minister Gustavo Galindo said. He acknowledged that the Opec ministers' meeting
      Reuter  -  180 words
    • 85 5 AFP MEN AND women appearing on Taiwanese television shows in wet swimsuits may disappear soon following complaints from viewers, a network official said on Monday. The programmes, featuring youths playing games in swimming pools, began on one of the three local television systems in April. The
      AFP  -  85 words
    • 343 5 UPI CHRISTIAN and Muslim militias yesterday clashed across the Green Line dividing Beirut, in spite of an agreement to surrender their heavy weapons to the army and let government troops take up positions around the city. Police sources said the clashes, while sporadic,
      UPI  -  343 words
    • 202 5 UPI A MULTIMILLION-DOLLAR Madison Avenue advertising campaign is injecting a new dimension in the lucrative business of selling Bibles, but has brought with it criticism the campaign may be "anti-Bibli-cal". In one of the television commercials, a robed king reads a verse from the King
      UPI  -  202 words
    • 456 6 Reuter ELECTRONICS are poised to overtake textiles as Hongkong's leading export, but the sector is undermined by dependence on imported materials and research. Industry sources and economists in Hongkong said that from 1970 to 1983, electronics exports rose to 23 per cent
      Reuter  -  456 words
    • 78 6 AFP JAPAN'S Foreign Ministry organised a "starvation lunch" to make its staff and the general public more aware of the problem of hunger in Africa. Almost one hundred people including Ethiopian ambassador Afework Atlabachew and other African diplomats ate a frugal meal of bread,
      AFP  -  78 words
    • 185 6 UPI A RECENT TREND towards lower population growth has led to optimism that the world's population explosion is no more a threat. "But this is simply wrong," warned former World Bank president Robert McNamara. Unless urgent action is taken to slow population growth rates
      UPI  -  185 words
    • 219 6 AFP WALTER Mondale has described Representative Geraldine Ferraro as "one of the truly impressive leaders of the Democratic Party" after a three-hour interview on Monday and said the New York congresswoman is in the running for the Party's US vice-presi-dential nomination. Miss Ferraro said she would
      AFP  -  219 words
    • 240 6 AP SOVIET Foreign Minister Andrei Gromyko hu accused the United States af creating a "cult of terrorism" that threatened world peace, and claimed that Washington was blocking negotiations on nnclear arms and space weapoas. Mr Gromyko, speaking at a Kremlin innck for British
      AP  -  240 words
    • 411 6 AFP WITH TWO months to go before the September "deadline" for a Sino-British agreement on the future of Hongkong, delegations of businessmen, community leaders, stockbrokers and street hawkers from the colony are pounding a pathway to Beijing to state their cases. Hongkong's Protestant
      AFP  -  411 words
    • 314 6 Reuter THE SOVIET Union has increased its exports of polished diamonds heavily this year to boost its foreign currency reserves, Belgium's official diamond industry organisation said on Monday. Sales of Soviet polished diamonds on the key Antwerp market were up by half in the first five
      Reuter  -  314 words
    • 212 6 AP JAPAN'S industry is increasing its production (aster than the US, according to figures made public on Monday by the International Monetary Fund. In the month of April, the fund reported, US industrial production was 11 per cent higher than in 1960. Japan's was 14 per
      AP  -  212 words
    • 749 6 ARRIVALS Operator Sorvico number Locol tifH6 From PAA PA5 0020 JFK/SFO/HKG MAS MH68I 0620 KUL KAL KE624 0640 KUL CAL CIO 10 0625 JED/DHA MAS MH601 0905 KUL MAS MH67I 0935 KUL MAS MH81I 0940 PEN RBA BI42I 1000 BWN SIA SQI03 1005 KUL CPA CX7I0 1035
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  • Page 4 Advertisements
    • 386 4 M) investment in productivity could mean over-buying equipment or buying just what you need. DISC-DRIVE V- > •> v .< t> +4* if; MrV Strange as it may seem, in the pursuit for higher productivity and efficiency, many offices actually create wastages. Principally, by investing in equipment which have a
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  • Page 5 Advertisements
    • 114 5 Our new Super Club business class offers you the widest seat in the air. So wide it isn't the easiest to fit through the door. But The widest seat in the air. though the seats may be few and far between, being six abreast instead of the usual eight, the
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  • Page 6 Advertisements
    • 239 6 "FESTIVAL LYONNAIS" s. < fa r»i •JK scs 5$ rVs r2>- a _> h.-'^s^--t-l'V ic -j* f j* tf" :v. -v k r *83S<S? r U\ F Üb*&r: m :T^ 5r tfs >V3~ V*->» V~ »> C- *rv •SJN t The Harbour Grill takes great pleasure in presenting the artistry
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  • BANKING AND FINANCE
    • 641 7 SINGAPORE: The local dollar closed unchanged yesterday against the US currency at Monday's closing 552.1400/ 10 but eased slightly against the Malaysian dollar to 5592.00/10 from $91.95/92.05. The US dollar was higher against most major currencies in fairly active trading underpinned by expectations of firmer US interest rates,
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    • 211 7 Interbank rates at 3pm Local dollars to quoted yea terday !tom parity change one unit of foreign currency: US dolor 2.1410 2.1420 2 8196 -24.07 Sterling pound 2.8700 ***** 7 3469 -60 94 Australian dotor 1 8348 1 8378 3 4286 -46 49 NZ dollar ***** 1 3524
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    • 257 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*****.75 an ounce, down $0.25 from the previous fix. HONGKONG Gold closed lower yesterday in fairly quiet trading with the strong US
      257 words
    • 77 7 THE OVERNIGHT rate rose by '/«-point to close at 8 per cent on the Singapore interbank money market yesterday. The two-month term rate lost 1/16 point to close at B'/« per cent, while the ones and threes remained at 8 3/16 and 8 5/16 per cent. S$ interbank
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    • Article, Illustration
      308 7 Asian market DEPOSIT RATES closed little changed yesterday from firmer opening levels. Period rates firmed between 1/16 and 3/16 point at the outset on higher Eurodollar deposit rates. Three months later eased 1/32 point to 12 s 12%, but was still V* firmer than Monday. One and six months were
      308 words
    • 195 7 SEVEN banks have extended US$2l million loan to Keren Industrial Leasing (KIL) In the Asian dollnr market. The CVfe year loan with a grace pertod of two years is in twe portions. The first is $15 million with an interest rate ef
      195 words
    • 511 7 Reuter WEST Germany's discount rate was too low at 4 per cent and had taken on the nature of a subsidised borrowing facility, Bundesbank vicepresident Helmut Schlesinger said. Speaking to journalists after a university lecture in Frankfurt on Monday, Mr Schlesinger said last week's rise
      Reuter  -  511 words
    • 246 7 AP WHILE other banks are raising their interest rates, the World Bank is dropping its rate from 10.08 per cent to 9.89 per cent on most of its loans for the next six months. The action on Monday marked the fourth reduction by
      AP  -  246 words
  • Page 7 Advertisements
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      219 words

  • FEATURES
    • 454 8 UNDERGRADUATES in the National University of Singapore are often reminded that they owe a huge debt to the society which subsidises their education. This message was again brought home on Monday to the 4,488 undergraduates enrolled this year, who were told that the society now pays
      454 words
    • 1036 8  -  Perseverance pays off in cutting the red tape around China By QUEK SWEE PENG AN EIGHTEEN-YEAR-OLD American rebel of Danish-Chinese descent and a subsidiary of an American multinational giant represent the two extremes of the sort of companies that are now doing busness with
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    • 142 8  -  Letter to the Editor Gu Chew Chee (Miss) Asst Sec (Pabllc Relations) Singapore Chinese Chamber of Commerce A Industry I REFER to your press report on June 23 entitled "Concern About 'Small Business' Competition". The report made an important omission in the sixth
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    • 253 8 Tradespur. THERE ARE various stages in the Chinese decision-making process, all of which are important and should be understood by companies seeking Chinese business: The official who meets foreigners for the first time is usually from the Foreign Affairs Bureau and
      Tradespur.  -  253 words
    • 1194 9  -  By ROBERT HERSHEY JR NYT ECONOMICS, George Meany used to say, is the only profession in which one can rise to eminence without ever being right. These days, however, the late labour leader's aphorism is drawing few laughs among economists. This year's booming business expansion in
      NYT  -  1,194 words
  • Page 8 Advertisements
    • 80 8 OCTOBER MEANS BUSINESS RrCcMtripAsiaB4 3rd South East Asian Personal Business Computer Hardware Software 29 October 2 November 1984 World Trade Centre Singapore October means business 3-Day Seminar "Local Area Networking for Microcomputers Hardware Software" October means business Plan your diary now 29 October 2 November see the most comprehensive range
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  • Page 8 Miscellaneous
    • 679 8 CRYPTIC PUZZLE ACROSS 1 Rider's custom? (5) 6 Geographical giant (5) 9 Not quite another thing to wear? (7) 10 Trode vessel? (5) 11 She gets 500 in a game, poss4>ly (5) 12 Machines that cost a bomb? (5) 13 Bird dog (7) 15 Black aircraft? (3) 17 He gives
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  • Page 9 Advertisements
    • 240 9 i m ji* r r ■M 1 4 > mm*MEET AN ASIAN The largest hotel chain in South East Asia is coming to Australia. The Merlin is opening soon in Perth. A 5-star hotel with all the trappings of luxury. 400 graciously appointed rooms and suites with every conceivable facility,
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  • Page 9 Miscellaneous
    • 932 9 TO obd w HIGHLIGHTS: Tenn«ssee Williams 8.03 pm, Channel 12 Tennessee Williams, one of America's most well-known writers, talks, about his lonely childhood, scarred by his mother's "monolithic Puritanism" and his sister's schizophrenia. Extracts from The Glass Menagerie and A Streetcar Named Desire illustrate how these influences moulded his writing.
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  • INTERNATIONAL STOCKS
    • 300 10 FT TOUGHER PENALTIES against insider trading in US securities have moved perceptibly closer following Senate support for new measures which have the broad support of the Securities and Exchange Commission (SEC), Wall Street's main regulatory authority. The Senate's vote follows support for similar
      FT  -  300 words
    • 167 10 Reuter THE BRITISH government will use its "golden share" to ensure Enterprise Oil PLC is free from outside control in the early years, says Energy Secretary Peter Walker. He told Parliament: "The government firmly Intends to use the powers available to it, including the
      Reuter  -  167 words
    • 298 10 THE MARKET lost ground on Monday in one of the slowest sessions of the year although a burst of buying at the end provided a few fireworks. Analysts such as John Burnett of Donaldson, Lufkin and Jenrette said: "Interest rates still are bothering investors and
      298 words
    • 110 10 CATERPILLAR Tractor Co has acquired a 20 per cent interest in Advanced Robotics Corporation of Columbus, Ohio, making it the largest single shareholder. Advanced Robotics is a developer of robot welding technology. Pounded in 1979, the company is known for its control technology and
      110 words
    • 231 10 JULY 02 Rand iNourraiALS A Alpha 900 25 Abercom 200 AE And a 940 AMJC 2875 Borlows 1365 2*> 2275 CNA 285 .5 Cume Finance 500 10 Edcon Edgars Fed Vok 430 10 Fugrt 4206 Hivetd 500 -15 Kirsh 380 -10 Ub Holds 1150 -20 Lonrho 255 10 lta
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    • 688 10 JULY 02 USJ ACf Industries Alton AJurrun Alcoa 26* 34 V* Alegheny Lud AM Cham Cp Afced Storm Afc*-Chalmers Am Brandt bnc Am Broadcast Am Can Co Am Cyanomd Am Etec Pwr Am Express Am Home Prod Am Motors Cp Am Natural Gas Am Tel Tel Ama« Inc
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    • 932 10 Amsterdam JULY 02 n. ABN 316 00 0 5 Aegon 117 00 -0 8 Ahold 179 00 05 Akio 86 80 -04 AMEV 157 00 +1 Amtos Amrobnfc 61 00 unch Boh 9150 +2 1 Borun^ Bosko 29 80 01 36 70 0 2 Cotv D« Mi, 69
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  • Page 10 Advertisements
    • 255 10 itcca to wiae, «ti«« whl cwtrMU The Tea Garden Presents a French Resolution July 5-21 Voila! The best of French cuisine in the Tea Garden. Has there been a new French revolution? We'd like to think so. M During July, a full selection of I French epicurean delights is no
      255 words
    • 153 10 i Spectacular Double Bill Kathy Los Amors Cedric 4 Debbie I CXibuble excitement hits ROBIN'S TAVERN Two popular groups entertain from 515 p m onwards A single group performs on Sundays and Mondays Order a glass of White Horse /<<T:: Whisky, Bed Whisky, Seager Gin, A::::: Bisquit VSOP or Tiger
      153 words
    • 151 10 THE NIGHT BIRDS' a popular,*-*" 1 T": band and UELEGANCF a hw member band group. Thev will Rive live entertainment while you 1 hey whi favourite sink into our cosy *ats wuny« BUSINESS HOURS .4QOpm to 1.00 President s Party Tin* drinks) Froo, 00 pm onwards PRESIDENT MERLIN HOTEL 181.
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    • 115 10 I t ß«rfko*V rand Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/CHINESE/ LOCAL CUISINE Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At SI6/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your
      115 words
    • 159 10 London stocks, Pag* 15 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 cf^swn •PRJwtifcm Continuing
      159 words

  • ASIAN STOCKS
    • 361 11 HONGKONG: Share prices yesterday closed lower on speculation that local interest rates may rise further to match possible US interest rate increases. The Hang Seng index closed off 6.80 points at a new 1964-low of 861.83, against a 9.46-rise at the midmorning fix. The stock market opened steady in
      361 words
    • 244 11 JULY 03 AM Sincere Indus Aim Cement NT 850 30 20 unch 02 Lee Chang Yuen Chem Indus Lien Hwa hndus Nan Yo Plas 22 80 13 00 32 30 32 40 unch 0 05 1.1 Cathay Cons Chang Hwa Bank 30 90 5500 25 90 0 2 -05
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    • 371 11 TOKYO: Share prices closed sharply lower yesterday as the yen fell to a nine-month low against the dollar in Tokyo, and an overnight fall on Wall Street dampened buying sentiment. The market average fell 61.62 to close at 10,349.25, after falling 17.56 on Monday, on a volume of 280
      371 words
    • 64 11 July 3 Bonk Seoul Won 688 -21 Hyundai Motor KAL 589 430 15 +5 Choheung Bk Commencal 6k DaeUm Ind 661 700 526 423 1 unch unch +21 Korea Oil Korea Ship Lucky Ltd 836 433 765 -9 +26 25 629 22 620 595 985 Gold Stor 785 15
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    • 375 11 SYDNEY: Lack of buying interest locally and from London and New York caused Australian share prices to ease yesterday. At 1500 local, the All-ordinaries was down 2.8 to 656.2. BHP fell four cents to A 59.32, CRA three to $4.55, CSR and Bougainville two to $3.20 and $1.78, WMC
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    • 151 11 BANGKOK: Share prices closed slightly lower in the absence of buying support in slow trading on the Securities Exchange of Thailand yesterday. The Book Club index dropped 0.32 point to 118.69 on a turnover of 9.2 million baht with 88,496 shares changing hands. JULY 03 A ok Kom Thai
      151 words
    • 99 11 MANILA: Share prices yesterday closed generally easier in continued dull trading reflecting lower metal prices overseas. The Commercial and Industrial index was down 0.11 at 128.56 and Oils eased 0.003 to 0.680. The Mining marker rose 2.34 to 1,027.28. JULY 03 Oriental B PM OvtTMOl 0 015 unch 0
      99 words
    • 61 11 AFP A JAPANESE chemical company has announced the development of what it claims to be the world's first optical magnetic disk storage system capable of erasing previously recorded data. Daicel Chemical Industries said polycarbonate resin as a disk material is far more durable and
      AFP  -  61 words
    • 89 11 AFP THE TAIWAN government has approved a joint venture to be undertaken by Tatung Engineering and Saint Lucia, an island nation in the Caribbean Sea, according to an official. This is the first venture in which Taiwan firms have become involved since November when the US
      AFP  -  89 words
    • 219 11 NYT THE SOUTH KOREAN Electric Power Co has criticised management practices of the Bechtel group in an audit earlier this year, finding that the giant American construction and engineering company was overpaid US$l6 million by the Korean utility. The audit has not been made public. It
      NYT  -  219 words
    • 242 11 AP TOYOTA Motor Corp, Japan's largest auto maker, has applied for another extension of the period for the Taiwan government to consider a joint car venture agreement with local companies, say officials. They said the economic ministry has not yet decided on Toyota's
      AP  -  242 words
  • Page 11 Advertisements
    • 118 11 ;55f i osMm ia !2l H IS !9 p T I -Pf* 1 1 T* -w Ri K /HP Xjoa*lEMsf BKXMntes pV* r </. Nonya Buffet Luncheon'^;,, 2 Nonv» at the tuna. so«*th."9 s Ef real thing'TocU «n to tnc >«enn IsHQfi 2nd Flour n~+*k am U M T* ?hjosi
      118 words
    • 111 11 If smooth and silky is your style of relaxation, then surround yourself with SILK tonight. The smoothest trio in town entertains Mondays to Saturdays in the luxury of the Fountain Lounge. Century Pork Sheraton* Singapore Where style surrounds you. Nasswn Hi*. Singapore 1025. Tel *****77 Telex CPHSIN RS2IBI7&RS ***** Operated
      111 words
    • 135 11 ir Z 4m n t. ■m a A special garden atmosphere where time never runs out. Here, master chefs prepare delicious and lingering tastes from gourmet style to simple meals. SPECIAL FEATURES: DaNy Buffat Braakfast $11.50 Da#y Sat Lunch $12 Chaf Racommands tastes of Singapore Sunday FamNy Buffat Lunch Adult
      135 words
    • 162 11 The Harbour Grill presents "FESTIVAL LYONNAIS" Now till the iyth of July, French Master Chef Jean Fluery, from Lyon, presents a gastronomic adventure in the art of creative cuisine. m. K For the occasion, an exciting menu has been prepared. The selection includes Escalope of marinated salmon filled with prawn
      162 words
    • 241 11 r AK ■allflmlllinllli THE berkp:lv Experience the atmosphere of an English PUB at low prices! We serve PUB FOOD like BANGERS BACON MASH plus a wide range of WESTERN and LOCAL DISHES. OXTAIL STEW available SLOANE COURT HOTEL 17, Balmoral Road, Singapore 1025 Tel: *****11/2, *****15 Prestigious Office/ Industrial Headquarters
      241 words

  • RAW MATERIALS
    • 227 12 MALAYSIAN crude palm oil prices closed higher yesterday on covering and speculative buying interest in fairly quiet trading. Despite a weaker Chicago soybean complex close on Monday night, prices were supported by the reduction in crude palm oil export duty announced by the government in the day. In
      227 words
    • 119 12 Yarn Cloth (In HK$ per bole of 400 lb) (Quoted in HK$, wHoJcsoU prtcos. China corded yarn, cones Blue Phoenix 16'$ 3.450 spot ox-fodown) Cotton doth Unq 117 00 Blue Phoenix 20'$ 3,500 Indw Dragon Head Blue Phoenix 32'$ 3,900 Japan No. 2023 Blue Phoenix 40'$ 4,400 Shirting 116.50
      119 words
    • 138 12 WHEAT futures closed off 3% to 5 V* US-cents a bushel on the Chicago Board of Trade on Monday, near the bottom of the day's fivecent range. Heavy selling in the soybean complex by C A D Commodities pressured all grain futures. In addition, Refco sold 1.0 million bushels
      138 words
    • 142 12 SOYBEAN futures finished 21 to 26' US-cents a bushel lower on the Chicago Board of Trade on Monday, with C 6 D Commodities a seller of at least 10 million bushels of November on the day amid fairly light overall dealings. Once futures failed to follow-through on Friday's sharp
      142 words
    • 6 12 TIN Straits Tin closed Turnover: closed
      6 words
    • 153 12 Chinese Produce Robusta 20/25% FOB NSW 487 50 Exchange (Setters' noon closing prices on July 3 SS/100 kg) Nutmeg 110 FOB NSW B w FOB NSW 355 00 256 00 Coconut oil Bulk FOB 240 00 Gombier 305 00 Od drum FOB 253 00 FOB NSW New drum
      153 words
    • 323 12 SINGAPORE: The market closed easier yesterday with July One RSS buyers quoted at 180.00 Singapore cents a kilo, down half a cent from last Thursday. Prices were marked up one cent at the outset but later lost some ground on lack of buying support. Levels fell further in the
      323 words
    • 287 12 RAS prices (in S cents/kilo, FOB m bale*) NOON CLOSE Buyers S|Hgf| Buyers SeNers Int 1 RSS prompt 179 00 I80 00N 178 50 179 50N Int 1 RSS July 181 00 182.00 180 00 181.00 Int 1 RSS August 186 50 187 00 186.00 186 50
      287 words
    • 89 12 (in cwrtt/1 tor pollets) July August (currant mth) (forward mth) NOON NOON RAS Buyers S||m Buyers Siiifi SSR20 180 00 *****N 182.00 184 00N SSR 50 178 00 180.00N 180.00 I82.00N MRELB Beyers SiHm Buyers Sg||f| SMRCV 230 00 *****N 232.00 234.00N SMRL 230.00 232 00N *****
      89 words
    • 283 12 Singapore (SS/kilo, ei-godown) Thai white 100% 1st class (kangaroo) new crop I 05 100% 2nd doss 0 77 100% 3rd doss 0 75 25% new crop No stock B-10% No stock Thai broken A-sup«r 062 Special 0 55 Thai rice 55% No stock China rice 10% 0.93 15% No
      283 words
    • 717 12 COFFEE Robusta futures yesterday ended a quiet, featureless morning £10 a tonne higher to £5 lower, with September at £2,231, £10 up. The market opened at the highs, basis September at £2,240, influenced by a higher New York close on market talk of possible cooler Brazilian weather midweek.
      717 words
  • Page 12 Advertisements
    • 243 12 Australia's strongest bank makes some radical changes. 11l w mi: MM What appears on the outside to be Moody's Investor Service Inc. for commerjust a minor name change is, on the inside, cial paper activity. a major financial reorganisation. And a specific Government The Commonwealth Trading Bank Guarantee from a
      243 words

  • SHARE INFORMATION
    • 4067 13 SHARE prices at the Singapore stock market improved slightly yesterday on higher volume. But although gainers exceeded losers by 77 to 47, the BT Composite Index rose only 1.50 points to 810.68 while the Straits Times Industrial Index inched up 0.33 point to
      4,067 words
    • 238 13 SINGAPORE Rises S«tongor D f 595 S»»lion 490 Sfwr* Load 380 M Coaioot 735 Kaatucky Spore 468 Sm LM 267 UOL Loom 92 Imo 1440 H Looag Crodrt 650 Uoa Hoa 650 Prmo 575 Jocks lot 510 Falls Romi Soyoo« 175 Sol Coconi 330 M Browonos 650
      238 words
    • 465 13 SHARE prices closed generally steadier on the Kuala Lumpur stock market yesterday in quiet trading after an extended weekend break for the Hari Raya Puasa holidays. The market opened the first trading day of the second half of 1964 on a mixed note, but
      465 words
    • 3396 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets lirlots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT". Big
      3,396 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 813 14  -  Prospects for Bata, CCM and Fima Metal Box improve □IMS®? mm By AMY CHEOK LONDON-BASED stockbroking firm Laurence, Prust Co has recommended three Malaysianbased companies Bata Malaysia, Chemical Company of Malaysia and Fima Metal Box to investors. On Bata Malaysia, Laurence, Prust is rather bullish,
      813 words
    • 94 14 HONGKONG Australian Industrials Hang Seng Index Tuesday 918.1 Monday 920.6 Week ago 915.2 Tuesday 861.83 Monday 868.63 NEW YORK Week ago 927.92 Dow Jones TOKYO Monday i!r>2o Friday 32-*° Week ago 1130 52 Tokyo Dow Jones Tuesday *****.25 Standard and Poors Monday *****.87 Monday iH?o Friday 53T8 Week
      94 words
    • 220 14 Monogers' prices MARA Bumiputra for July 4 First B'putro 5 79 5 84 Second B'putro 5 25 5 30 Singapore Unit Trust Th»d B'putro Fourth B'putro 4 39 4 44 4 91 4 96 The Commerce 3.05 3.24* Fifth B'putro Sixth B'putro 3 42 3 47 3 38
      220 words
    • 242 14 THE Harper Gilfillan group has disclosed that it is reviving Harpers Trading (M) Sdn Bhd, the company previously owned by Harpers, for its trading activities. Harpers said in an announcement that the move, effective from July 1, is in line with the group's recently disclosed
      242 words
    • 2082 14 BID and offer price* officially luted 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 Akom (2 008 2.065) (2) 2 06 (2) 204
      2,082 words
    • 326 14 ANTAH Holdings Bhd will continue to look for new investments with good returns as well as investments which complement its current activities. This was stated by its managing director, Tunku Imran ibni Tuanku Ja'afar in an interview with Berita BMITA (British Malaysia Industry and Trade
      326 words
    • 158 14 SELANGOR Dredging Bhd, which recently diversified into property development, has reported a 19.9 per cent rise in group pre-tax profits to M 57.78 million for the year ended March 31,1984. Selangor Dredging's improved earnings were achieved in the second half of the year. At the interim
      158 words
    • 584 15 mma mm™ By HOCK LOCK SIEW SOME TIME AGO, there was great interest shown by Malaysian-based companies to acquire stakes in financial institutions, whether these be banks or finance companies. This attention on financial institutions as targets for acquisition was partly triggered off by the poorer
      By HOCK LOCK SIEW  -  584 words
    • 466 15  -  Group hit by keen competition, incurs $4.28 m pre-tax loss By CHAN MAY PENG MALAYSIAN Feedmills Ltd is bracing itself for another difficult year after incurring sharp losses for 1963. As expected, the group was hit badly by keen competition, high cost
      466 words
    • 914 15 SHARES closed mixed yesterday after a dull session, having opened a little firmer. Dealers said the weakness in sterling, Wall Street's weaker trend and the continuing UK miners' strike were underlying the market's lacklustre performance, but activity was quiet. At 3pm, the FTSE 100 was up 0.6 point
      914 words
    • 577 15  -  By CHAN OI CHEE GOLD COIN LTD, the leading local animal feed manufacturer, is looking into areas of expansion outside Singapore at a time when the government is reviewing its farming policies. Chairman John Curran told shareholders at the
      577 words
    • 617 15 THE COLD Storage group in Malaysia is approaching a new chapter in its traditional supermarket activities while at the same time keeping a keen eye on other non-traditional businesses. The consumer-based group, currently in the midst of a major restructuring, has drawn up
      617 words
    • 234 15 TRADING in the shares «f Hwt Hong MaiilMtarlig Co Ltd, first suspended on Jan 30, will resume from 10 am torn morrow. The resumption follows the conclusion of an agreement by the company to acquire Singapore Warehouse Co Pte Ltd for a hefty consideration of $109 milion. TRADING
      234 words
    • 167 15 MAGNUM CORPORATION Bhd's rationalisation move to acquire the minority interests in its four-digit operating subsidiaries will cost the company MJ54.79 million, instead of $56.09 million originally proposed. The Malaysian Capital Issues Committee has given Magnum the greenlight to proceed with its acquisition, subject to
      167 words
  • Page 14 Advertisements
    • 566 14 THE BANK OF CANTON, LIMITED (Incorporated in Hong Kong on 21st February 1912) BALANCE SHEET AS AT 31 DECEMBER 1983 UABUTIES Share Capital (Note 2) General Reserve (Note 3) Profit and Loss Account Shareholders' Funds Current Deposits and Other Liabilities Amounts due to Subsidiary Companies Amounts due to Associated Company
      566 words

  • Page 15 Advertisements
    • 395 15 NOTICES IN THE MATTER OF THE COMPANIES ACT CAP. 185 Pursuant to Section 254<2Hb) AND IN THE MATTER OF DRAGON INVESTMENTS PTE LTD At an Extraordinary General Meeting of the above named Company duly convened and hekj at 6001 Beach Road, #12-01 12-11 Golden Mile Tower, Singapore 0719, on Friday
      395 words
    • 141 15 Protect your office carpet with Permasil trip-proof plastic sheet t i Permasil clear plastic sheets protect carpet and increase mobility. Call Tel: *****55 (office), *****61, *****31 (factory) today. Free delivery. Sole agent Inchem Products (Pte) Ltd ROOF LEAK. FLOOR CHIPPING. WALL PAINT FLAKING. RUST PROTECTION? use Permasheld protective coating. Permasheld
      141 words

  • 442 16  -  Team to study all the views expressed in debate By JOHN LIM PARLIAMENT yesterday recommended that the Government adopt the Report of the Committee on the Problems of the Aged after appropriate amendments have been made. Opposition Member of Parliament, Mr JB Jeyaretnam,
    442 words
  • 151 16 AFP GREEK AUTHORITIES yesterday reported two Philippine seamen killed and four others injured in an attack indicated at Lloyds Shipping Service in London on Monday on a Cypriot freighter in the Gulf on Sunday. Government spokesman Sotiris Kostopoulos added that the bulk cargo
    AFP  -  151 words
  • 442 16  -  By ALVIN TAY ASIA COMMERCIAL Bank's after-tax profits plunged 96 per cent to only $148,000 last year, reflecting the "house cleaning" operations carried out by the new management. ACB's management could not be contacted for comment yesterday, but financial sources said the bank's
    442 words
  • 439 16  -  By FOO CHOY PENG THE NUMBER of employers paying wage increases above the National Wages Council guideline may drop this year. Most of them will probably give their workers increases equal or within the 1984 guideline of $27 plus 4 per cent to
    439 words
  • 57 16 THE stock market was slightly higher in uneventful early trading yesterday. The Dow Jones Industrial Average, which lost slightly more than two points on Monday, was up fractionally to under 1131. Overall, gainers were leading losers by a few issues. Volume was about six million shares
    57 words
  • 443 16 AFP A SENIOR SINGAPORE official who relied on the assessment of his colleagues to dabble in Hongkong dollar futures, heard variant views on the prospect of the British colony's reversal to China after 1997, a Singapore court was told yesterday. The
    AFP  -  443 words
  • 207 16 AP INDONESIAN Foreign Minister Kusumaatmadja says East Timor is an integral part of Indonesia and warns that Australia has no right to interfere. In a televised interview on Monday, he said he was disappointed with recent comments by Australian Labour Party leaders accusing
    AP  -  207 words
  • 67 16 AFP A FRENCH hairdresser was fined 2,000 francs yesterday for giving a schoolgirl a punk haircut which forced her to wear a wig for months afterwards. Laurelia Arbusan, 17, went to the hairdresser with her mother and asked for a neat cut because she wanted to look modern
    AFP  -  67 words
  • 355 16 COMPETITION among finance companies for a bigger share of the shrinking deposits market is getting keener, with several of them posting higher interest rates. The more aggressive finance houses have even gone to the extent of offering a small
    355 words
  • LATE FILE
    • 61 16 Reuter LTV Corp said it has arranged with the Chinese government to buy Sovietdesigned MiG-21 jet-fighters for possible use by the US navy. LTV senior vice-presi-dent Julian Scheer confirmed a story in which he was quoted as saying the Chinese had agreed to sell the
      Reuter  -  61 words
    • 51 16 UPI THE DIRECTOR of the US Arms Control and Disarmament Agency, Kenneth Adelman, will arrive in Beijing today to discuss arms control topics with Chinese officials, the US embassy announced on Tuesday. Mr Adelman, heading a delegation of US officials, will spend six days in
      UPI  -  51 words
    • 52 16 AFP THE Philippine opposition will begin impeachment proceedings against President Marcos this month, opposition leader Salvador Laurel said yesterday. He said the opposition, which took 59 of the National Assembly's 200 seats in the May election, could begin such a procedure as only 40 signatures were
      AFP  -  52 words
    • 48 16 AFP BULGARIA yesterday issued an angry protest against a US senate decision to curb bilateral trade, describing the move as "a new illegal political act". The US senate last week voted an amendment to curb USBulgarian trade, on the grounds that Bulgaria had engaged in terrorism.
      AFP  -  48 words
    • 36 16 AP A CATHOLIC bishop has expressed fear that present religions in Indonesia might be replaced by the state's ideology, Pancasila, when parliament adopts a bill on social organisations now being debated. AP
      AP  -  36 words
    • 41 16 Reuter THOUSANDS of people have been made homeless in the biggest fire to sweep Northern Jakarta in 10 years, police said yesterday. At least one person was tolled in Saturday's six-hour blaze which destroyed about 1,600 wooden houses. Reuter
      Reuter  -  41 words
  • Page 16 Advertisements
    • 117 16 KONGO Mobile Storage System beats the conventional system with, saving of floorspace up to 70% M IMit -jjgp finff H7l iiISKT Conventional system uses up floorspace Kongo system utilizes less floorspace DCKON PRIVATE LIMITED Unit 04-02. 4th Floor. Pet-Fu Industrial Building 24. New Industrial Road. Singapore 1953 I Tel *****70Te1ex
      117 words
    • 104 16 BIOTONIC CAPSULES A Tonic for Vigour and Vitality! IS™' 11 T/k A 3 J fv ■isi ir/ Another Health Supplement from VITA HEALTH PRODUCTS -."7 It certainly has many of the important health-promoting ingredients all 32 of them including GINSENG, BEE POLLEN, VITAMINS AND MINERALS, AMINO ACIDS, RUTIN, LECITHIN, LINOLEIC
      104 words
  • Page 16 Miscellaneous
    • 57 16 Outlook for today: Cloudy with showers over several areas between mid-morning and early afternoon. Report for 24 hours prior to 7 30pm on July 3 at the airport: Maximum temperature 30.7 Associated humidity 65 Minimum temperature 25.0 Associated humidity 97 Hours of sunshine 6.75 Roinfall in millimetres Troce Rainfall this
      57 words

  • SHIPPING TIMES
    • 216 17 THE PORT of Singapore Authority is holding a safety exhibition this month covering safe work practices at the wharf area and the various workshops. The exhibition aims to promote greater safety awareness among private stevedores and staff working in the port. Mr Wong
      216 words
    • 493 17  -  By DANIEL SIM EFFORTS TO remove Singapore-registered ships from the International Transport Workers Federation's (ITF) list of flag-of-convenience fleets have again failed. The ITF's Fair Practices Committee made the decision on the Singapore fleet at a meeting in London two weeks ago, where delegates
      493 words
    • PORTSIDES
      • 130 17 Reuter A 57,062 ton US-registered container carrier, the American New York, and a 26,477-ton Panamanian freighter, the Star-Dover, were involved in a collision in foggy Pacific waters off Japan on Monday, but no casualties have been reported, the Japanese Coast Guard said. The Star-Dover, also carrying containers, suffered
        Reuter  -  130 words
      • 65 17 THE SINGAPORE National Shipowners' Association has moved to the second storey of Neptune Orient Lines Building, 456, Alexandra Road, Singapore 0511. The new telephone numbers are 273-3574 and 278-3464. SNSA, whose chairman is Mr Lua Cheng Eng, is holding the chairmanship of the Federation of Asean Shipowners'
        65 words
      • 45 17 Reuter INDIA-Pakistan-Bangladesh Conference said it is withdrawing a 15 per cent port surcharge at Dundee from July 2 because of a marked improvement in turnaround times at the port. The conference said it will continue to monitor the situation at the port. Reuter
        Reuter  -  45 words
      • 112 17 UPI A DETAILED report to determine whether mechanical or human error caused an luxury cruise ship to run aground was to be delivered by investigators yesterday. Dick Hubber-Richard said two investigators were conducting interviews with the ship's captain and officer, as well as the two pilots who
        UPI  -  112 words
    • 776 17 Shipping Una Pag* Col Atoo VI 3 Ahr«nk«4 Lm«t VI s AC To«p»«f X 5 Alpoc VI 5 Antoro Shpg IV 1 APC Uno V 4 APL 4/5 Arrow Urn X 4 ASCL AMXbrokcr V 5 Alkn Lm« X 5 Au»tono Une V Bo« -Orient VI 4/5
      776 words
    • 671 18 AFP DEPRESSED conditions persisted on the freight market last week, with grain rates easing to 10 month lows as interest waned. Indian charterers were active in the fertiliser trades however, arranging another heavy programme and paying a six-year low for a cargo out of the US Gulfat U5533.50
      AFP  -  671 words
    • 406 18 THE DUTCH government is giving full backing to an ambitious plan to make the Netherlands the most important distribution centre in Europe. A current promotion by the Ministry of Economic Affairs is attracting more UK and European companies to the Netherlands which has been developing
      406 words
    • 383 18 Reuter LLOYD'S Shipping Intelligence said it received information from Piraeus the Greek motor bulk carrier Alexandra Dyo, 13,212 tons gross, was attacked and damaged on July 1 while on route to Bandar Khomeiny. It said there was loss of life and injuries suffered. Iraq
      Reuter  -  383 words
    • 129 18 Reuter HYUNDAI Heavy Industries Co Ltd signed an agreement for a one-year U5528.56 million pre-deliv-ery credit facility to help finance the building of five ships, Hyundai officials said. Hyundai Corporation, the group's trading arm, signed a separate agreement for a five-year $30.41 million post-delivery credit facility to
      Reuter  -  129 words
    • 1736 18 MORE active grain chartering is reported on the freight market on Monday including business from the US Gulf to China at U5525.50, the first openly reported business for about a year, shipbrokers said. The unchanged level of $7.75 was paid from the Gulf to the Continent while $14.75
      1,736 words
    • 194 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.
      194 words
    • 206 18 THE OAKLAND Board of Port Commissioners has approved an operating budget of some US$54 million for the 1984-85 fiscal year, beginning July 1. This is an increase of $6 million over last year. Almost all the increase in revenue is due to additional income
      206 words
    • 161 19 AFP SHIPPING freight rates will fall through the lowest level reached last year if the seasonal slump which occurred in June were to continue at the same rate throughout the summer months, Eggar Forrester, the London shipbrokers, warned. The rates "might even descend to the desperately
      AFP  -  161 words
    • 55 19 Reuter ISHIKAWA JIMA-Harima Heavy Industries Ltd (IHI) said it won an order from Evergreen Marine Corporation of Taiwan to convert seven freighters into container carriers. IHI said after conversion, four 16,000 dwt multipurpose freighters will carry 714 containers each, and three 31,000 dwt bulk carriers will
      Reuter  -  55 words
    • 427 19 A POWERFUL shipping policy group has been formed in Panama with the aim of shaping the government's approach to international maritime affairs. The new Panamanian Maritime Policy Commission includes shipowners representing 30 per cent of the second biggest open registry's flag fleet.
      427 words
    • 271 19 DESPITE a sharp rise in the volume of shipments to South Africa towards the end of last year and the first few months of 1964 the trend is unlikely to continue, according to South Africa-Europe Conference chairman, Mr N Sempill. Last year's increase was due to
      271 words
    • 275 19 Fairplay WHILE government sources speak of an overall improvement in the Mexican economy, few have the courage to challenge the official optimism. However, the National Chamber of Transport and Communication predicted that Mexican freight and passenger vessels are destined to become scrap metal in two or
      Fairplay  -  275 words
    • 4181 24 QQCQBIIWDILB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      4,181 words
    • 656 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Benovon 60/551 4 7.84 2300 Ben Line 51 0800-0930/0930-1100 F2/G2 Keum Glory 5N/84 4.7.84 2300 Worldwide TA 3 0900-1100 P4 Chev Roze 39W 5.7.84 0300 Optorg FSB
      656 words
    • 1755 25 The leading shipping lines operating from local ports and their agents. A-B AFT. A African Shipping Agencies (S) Ur»-F.ir>aU Uae Trans group (S) Ahreaklel IJirr Servtee Kim Shpg (Si Alfred C Taepfer Oceanus Shipping Agency (S) Marintex Enterprise (PK). Alpar Intrasea (S) Bintang Shpg (KL) Island
      1,755 words
    • 431 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Arrow King 44 Bakke Slme alongside 4.7.84/2300 Balden Jlangchow 35/6 Y Fung alongside 4.7.84/0600 Kim Ann 23/4 Guan Guan alongside 4.7.84/2300 Luke Lu 3/4 Koko alongside 4.7.84/2359 Oceania Star 19 Sharp alongside 4.7.84/0600 Straits Star 21W SSPL
      431 words
  • Page 17 Advertisements
    • 374 17 REACH YOUR AUDIENCE EFFECTIVELY ■TIMES IkisiiK'ss Directory of Sin&iiMMv LONDON Freights 11/11 l WEEKLY Freights II CONSORTIA II SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X REGIONAL Weather X _3UZZ> LvwJ JAHDINK AXTAH FULLY CONTAINERISED SERVICE TO FUROPF VIA SUEZ Sport P.Kttani mk
      374 words
    • 335 17 HSEALORDU UASC J 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 KROM JAI'W TAIW AN HOV.kOV. I*W«| *Q DUB DAM KWT DON BAH MX HAANAAa ».7 13/7 21/7 22/7 23/7 25/7 31/7 27/7 21/7 Al
      335 words
    • 724 17 OF A& COKSORHUM fMfi sm+fimc cs***urm [FULLY CONTAINERISED SERVICE! FAR EAST/EUROPE nanEzxaia v n T CHOMP nog 3OTf 5/7 J/7 /FX/MA/M/AT i:i»-«B»ium;M:ina:» w ntOM KOKM MCEM Ml »/7 «/7 At«*i CKOM MUK CO (HI) LTD TEL *****11 «l (PCT) T* 7230 M For mof details refer p*g« IV *r MAERSK
      724 words

  • Page 18 Advertisements
    • 303 18 WMMBi FAR EAST/EUROPE CONTAINER SERVICE r—# MM F»: 1) Barcelona. Genoa. 2) Amsterdam. Antwerp l.Hawe. Bask. UK. 3) Bremen. Bremer ha »en. Aarhus Copenhagen Helsinki 4) Malmo Stockholm. Oslo •Accepting Eur one carfo lor feeder na Spore 'Also direct carp lor Spore t Bangkok Ph contact PEMMSC P Ketang lor
      303 words
    • 361 18 Y.S. LINE YAMASHITA-SHINNIHON LINE COMTAtNCR SERVICES USA/CANADA Pacific South Wut Pacific North Wast Faadar at Tokyo Faadar at Koba Mother *U LA/LB OAK Mother ttl SEAT VCR Atlantic/Canada Faadar at Koba SP Mother YSI LA/LB OM Mothor *Sl SEAI *CR PID Mother *Sl a/7 I*MUO C/ 0 9/0 TOKYO M
      361 words

  • Page 19 Advertisements
    • 931 19 The Straits Steamship Group OCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT r «<ux< Stw MW( Brmt > tan M/ 7 M/ 7 24/7 21/7 2J/7 14/7 42/1 Mi M/l 07/1 23/7 M/l 11/1 13/1 14/1 31/7 14/1 IS/* 21/1 21/1 M/l 23/1 25/1 27/1 21/1 21/1 14/J 11/5 20/1
      931 words
    • 582 19 (a wholly owmoamaoiAMr orhmrrune ohbhturmiLmt AGENTS FOR: TATSUMI MARINE CO. LTD. JAPAN REGULAR LINER SERVICE TO PAPUA NEW GUINEA Are pleased to announce their new Regular Monthly Conventional Liner Service to Papua New Guinea' ottering reliable service and competitive rates. First vessel M.V. ESTE GLORIA expected to arrive on 25th
      582 words

  • Page 20 Advertisements
    • 711 20 Hapag-Uoyd 10 CONTINENT UK EXPORTS Benaeon Utont Eiprns Cardigan Bay B*4o Genoa HW| Adam B ha»en Antwerp I MCKICRS 11/7 14/7 18/7 5/1 14/1 lt/1 16/1 21/1 Cardigan Bay Kauga Hani Frankfurt Eiprns Liverpool Bay Connecting in Tokyo Connecting in Kobe "Also accepting cargo tor ATLANTIC GULF PORTS vio mimlandbridge,
      711 words
    • 420 20 J&.S.LINE FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ J Membet of tt* Ace Comortwi fBiTM f IJROPf VIA SUE/ Mfnoff Ot the Ace Convxtiurr Buun lot to 17/7 22/7 30 7 48 8 8 9/8 13 8 15/8 H Konf 13/7 27/7 2/1 9 8 FUU* COMTMINFRtSED 10 FROM NORTH
      420 words
    • 466 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPHNG ftl l ICI CARGO Tm SGP Nil HK HI RDM AM* IHV Era Gunt 17/17 07/17 20/07 30/07 01/01 07/00 M M Gton 10/07 17/07 07/01 09 00 11/00 12/00 14/00 (n,l W 71/00 7J/00 74/00 27/00 70/00 also acceptor ia/Fci t fa/Fa
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    • 938 20 KIE GWAN SHIPPING (M) SDN. BHD. No 26 A J ALAN BE RANG AN TOUT KELANG SELANGOR MALAYSIA TEL: Not *****2. *****5. 3*9162 *****4.*****2.*****7 W. MALAYSIA/SPORE TO E. MALAYSIA SERVICES: P KLANG SPORE IMOH SATU KKblu. Skan, Tawau ""pTjSj* tKHA KKblu touching lnPt/7 July 8/10 July !^Lf A T KKblu
      938 words
    • 289 20 uuii in VJ »i vuiivoumj p vwj ij i«nn US I NOSE u MARITIME PTE LTD ESI KAN 60RHAN A VESSEL ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Smjapore lo»dn( for In Fort B Abfcav B Klmtmm 20/7 do H»l MIANo PtNANb SWOSI MARII (Ml PT{ iTO 111 .VOl
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  • Page 21 Advertisements
    • 786 21 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE SINGAPORE LOAOINQ FOR: KOTASEJATI E-SOB »-12/7 HOOEIOAH. JEDOAH, AOABA KOTABALAM E-511 IS-21/7 ADEN, HOOEIOAH, JEDOAH, AOABA, PTSUOAN KOTASEOAR E-513 11-14/7 MOKHA, HOOEIDAH, JEDOAH. MOMBASA. O'SALAAM. MAPUTO KOTA WISATA E-515 J-5/S ADEN, HOOEIOAH, JEDOAH. AOABA KOTAMEOAH E-Sl7 10-15/ i HOOEIOAH, JEDOAH. AOABA. PTSUOAH. MOMBASA.
      786 words
    • 733 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE Honponf Eiprru Cai*(a« Bar BwiiMn Iwirp—l Bjy Bmwi Eiprtss Hntvi Eiprtss STRUTS SPORE P MIMIC «nt/7 13/7 14/7 21/7 nn a/7 JO/7 4/1 C/l 17/4 14/1 19/8 21/1 »i n/t 4/J t/9 RDAM HAVRE UK Sj4t4 S tied Sain) SjArt SjM Sairt
      733 words
    • 523 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Buian Yofco Kobe Kao- Spore T{tnok MAJAPAHIT VllOB/11HB GONA VlO 08 11/ C 20/6 21/S 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 PKEIANGRDAM/ TIBURY/ HWJRG ANTWERP ADAM LONDON BREMEN BAAB UUAH V7W 5-10/7 12/7 3/1 5/« 7/«
      523 words
    • 534 21 BOUSTEAD SHIPPING AGENCIES 1* Poon V 73 8/11 Jul Pinyo V 74 U/14Jul) Htoneywa V 194 Pagan V 75 1/3 Aug BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line') Loading for Rangoon Spore P.Kelong Penang 8/11 July 11/ MJuly 14/16 July \> BANK UNE EXPRESS INDEPENDENT SERVICE TO UK/CONT P
      534 words

  • Page 22 Advertisements
    • 1019 22 K LINE KAWASAKI KISEN KAISHA, LTD. PACIFIC COAST (Including DESTINATIONS INLAND vU IPI MICROBRIDGE A MINILAND BRIDGE) FEEDER/ MOTHER VESSEL K ANSAI PIONEER V3S HARBOUR BRCGE ¥27 JAPAN APOILO ¥2451 HAKONE MARU Vl7 KOREAN IACENN V 24 PIANTM V 3 8 Jul 9 Jul (BU) 2 ASIA STAR ¥25 BAY
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    • 415 22 SA MORtiENSTER VMJQ U VAAL V ***** 10/6 30/6 MH// WW* SHPfWG AGENCCS (Rej. *****4/ 00K) rCK3I 70 SK*'"" *04-03 MARfW HOUSE SKGATOW 0707 TEL *****11 TELEX NO RS ***** M CFS OFFICE IPC #***** T« *****31 and *****37 r< Willi 11 TERMHAL OfFCE TPC #03 030 TH *****90/*****93 CHAR
      415 words
    • 587 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Im** tar lOS ANGELES SAM FRANCISCO SEATTLE. TACOMA VANCOUVER BC Accept** Fa/Fa Contantn •I 'HT Sri V 3* AUSTRALIA EXPRESS CONTAINER SERVICE Acccpto* Fa/Fa Ctrtmn •Aha »cc»phn, Iran P Attar* for Auck W«4 l r tt Sf* Alm acuph MS MVS M, Wy
      587 words
    • 744 22 SANKO ASIA FROM JAPANESE POUTS ANO HONGKONG 1 OCEANIA STAR 2 PALMS TAR MR GO 3 lUCULENT 4 ESTE GLORIA 5 ROTA rent i FUKUZAKI MARU GDNI9/5 U 10/12 U 11/13 JM 11/13 JM 15/17 JM f. Kcianf taPt/ 6 ki 6/7 U 0/9 JM 14/15 JM 14/15 JM 11/19
      744 words
    • 472 22 INTRASEA (PTE) LTD 10 Anson Road *?27 16 I ntern»ith)na' Pi dz.4 Singapore 0207 Tel *****11 iIC L-nesi <► BREAKBULK SERVICE TO EUROPE/UK FOR! NELSON 88M907 Sp ft P Kctaat Ludta(tar:7/7 11/7 sete/rott/ant/ux SEAWOOD SHIPPING CORPORATION S por* P KeUng LoadMf tar POROS Saied IUM Afents Sa«#art BITRASEA (PTE) LTD
      472 words

  • Page 23 Advertisements
    • 524 23 NEPTUNE ORIENT LINES TO EUROPE/UK (VIA SUEZ): C ROZE 39W MAETERLINCK 2W.. K CHANCE ISW K JACEJW 25N TN BADGE 21W... Also accepting cargo to/from Scandinavia C ROZE S pore Closing Times: FCL Cargo 1500 4/7 LCI Cargo 0300 4/7 FROM EUROPE (VIA SUEZ) K JACEJM 24E O CHEF 39E
      524 words
    • 546 23 HEUNG-A SHIPPIN Korean Flag Vessels qqqa* SEMICONTAIHERISED DIRECT SERVICE TO Bl rif OK. K r 3 N« i Oman 404N No I Donam 40*>N I latin/403S fc Dnuoi 403N Hi i Oonjm 40bd No I Oonjm 406N KPII'W 4GINCIS PII 110 Tel *****77 ?7854i4 (Bookings) ???7MO (Operatom) ???m> ??09?M (Teuranal)
      546 words
    • 762 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SIJSOV[BUILDING 155. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAMUT WAH SOON SON BM> IST ANO 2ND FLOOR NO 1 JALAN CEMPEMNG PORT KLANG MALAYSIA Tel
      762 words
    • 17 23 u ahrenkiel liner service gmbh BAN, JOHANNESBURG. MAPUTO. MAURITIUS REUNION TAIWAN INTERNATIONAL LINE REGULAR RED SEA SERVICE
      17 words

  • Page 24 Advertisements
    • 596 24 (JteghNMl Conlaiiicr UiiciP 3 Sailings Weekly I.A.iflßeliable Regular Punctual Berthing P S.A. 1500 Hra. Tue», Thurs Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR USER www ALPHA PACfIC *Htavy §fi 120 tons Pnf Loadhf for: MM. Saulah Mucat. Abu Dhabi. OSR-LINES VEB DEUTFRACHT/SEEREEDEREI ROSTOCK EXPRESS SEMI-CONTAINER SERVICE I for Eirope
      596 words

  • Page 25 Advertisements
    • 105 25 BRAVAS LINE SPORE P. Kelanc Loadnt for M.V. COMET 9/11 Jul 12/13 Jul Colombo. Madras VNGAPOW UISIN SHIPPING PIE I ID World Trade Centre 1 Maritime Square 1? 18 Smjapore 0409 111 R*****1 lel ***** 1 1 WfSIMAIAYSIA HSH (Ml Sdr Bhd Kt lei *****3 *****7 PT KEI lei *****6
      105 words
    • 582 25 WfKLY SERVO SIHGAPWE TO KUCHING VESSEL UN PETJU.MG Vcfisl PROMPT SHIPPING LINE SJL maim month v in soma ro kst wwcan rare \C *CCffTMG fa/ia CONTMBB t BKMBUU \l CM STOK fUWIANC CMtER 30 Mr fQMTENOW lOC COTONOU IMOS DOUAU MX I AO) fKFTOWK DMA* HMAI CMtll d» HUANGHAI CMKH
      582 words

  • Page 26 Advertisements
    • 45 26 P.T. WASESA LINE JAKARTA ssa ETA ETO 10A0MG FOt KM 5My 7My Wirti MM II Mr 12 Mr n*»ti IGA »n If Mr II Mr Maria Agents: JOO HWA SWUNG (PTE) LTD in MM simi sMuraK 07is TU 2M74X. 214W31 TEIEJ K 3947S A/I JOOMNA
      45 words
    • 43 26 PANALPINA Singapore 5 Continents 1 Forwarder Offering direcf LCL Service fo Hamburg with connection to European destinations (Germany/ Austna/Switzerland/Denmark) and vice versa Hm« departures ETD S»(>pore 12/7, 18/7. »/7, 1/8. 14/1 PANAWNA WORLD TRANSPORT (S) PTE LTD Td: *****11 Tek«: RS ***** PASIN
      43 words
    • 608 26 H AUSTRALIA j/7. 17/7, n/i UK/CONTINENT 13/7.21/7. mi. 4/1 CANADA U S A %n. 9/7 NEK* ZEALAND 10/7. u/7. 27/7 JTT -n lit; SmCT MELBOURM ADEIADE BRSMff (IKMANTLE U K PCMTS. SCWOMVU If HAKtt MINHf (OTTCMMH BREMEN HAMBURG All MAJOR f(*tS WEST 1 EAST COAST 1 GUF AUCKLAND MIL Mb
      608 words
    • 683 26 COMPANIA PERUANA D£ VAPOREES (C.P.V.) "PERUVIAN STATE LINE" l ddinj tor Ca*a<' Mataijm «c dnd all other Peru«ian ports mth transtupownt it Honfkont and or Kobe On CPV Iriroupti Bill at ladifti to tinal destination HANOI OEVERETT JOH*VERETT MURRAYEVERETT HANOI OEVERETT JOHNEVERETT MURRAYEVERETT Penonf P KeUnj Singapore f 13/15 Mr
      683 words
    • 641 26 ZIM NON-CONFERENCE MDEPENDENT FUU CONT/UNEX SERVICE accept* FCL/ICI cargoes to USA East ft West Cms! Panama Camb6«ar and East Cauda ftt*< Mknr. S* lai Kit in %c Hh A WSSEL m lOH TO M 31 M 10 Au| 13 AMI 15 *UJ 17 tag VESSEL mKW YORK 15 M 11
      641 words
  • Page 26 Miscellaneous
    • 186 26 Regional Weather w, > v > w E3 < V s H Wj it t K Z* «!> 2&&J J ~Ar 'ft i Pi 3 5^ e> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c/* Wind direction with speed in knots Wove height R Thunderstorm Temperature o
      186 words