The Business Times, 16 July 1984
1984-07-16
1
28
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The Business Times
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Title Section12 1984-07-16 1 BUSINESS TIMES M.C. (P) No. 66/1/84 MONDAY, JULY 11, 1984 60 CENTS12 words
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436 1984-07-16 1 THE SINGAPORE Monitor will Mt be able to survive a direct confrontation with The Straits Times. 111 a may he the reasea prompting the management of Singapore's two newspaper groapa to pnpin a merger, Defence Minister Mr Goh Chok Tong436 words
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861 1984-07-16 1 NAJEEB JARHOM - QAF Holdings expected to acquire ailing Ben Co Strong Brunei group likely to gain backdoor listing on SES By NAJEEB JARHOM NEGARA BRUNEI Darussalam's fast-expanding group, QAF Holdings Bhd, will soon realise its ambition to be admitted to the official list of the Stock Exchange of Singapore. But instead of861 words
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314 1984-07-16 1 WANG LOOK KEAH - By WANG LOOK KEAH, Transport Correspondent WORLD airlines chalked up a gross profit of US$3OO million last year, signalling the beginning of an upturn for the air transport industry. The operating surplus of world scheduled airlines, excluding those in China and314 words
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502 1984-07-16 1 LEE HAN SHIH - By LEE HAN SHIH THE STRAITS Steamship group is divesting two of its less profitable properties in the market for about $73 million. These properties are its remaining share in Bukit Timah Plaza, offered at |42.7 million; and Keppel House, a five-storey502 words
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Article, Illustration530 1984-07-16 1 RICHARD SEAH - By RICHARD SEAH VIKINGS are about to take over at Ikea, one of Singapore's largest and most successful furniture stores which sold more than $12 million worth of furniture and household items last year. By ending a six-year-old franchise agreement, they have also530 words
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Page 1 Advertisements
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Advertisement110 1984-07-16 1 Call Wayfoong at 737-7977 for a fast decision on your loan Waytoong Mortgage and Finance (S) Lid A «r»o*y owned su6»*ary ot Hongkong Bank 6 Claymore Hi# *03-00 Claymore Plaza. Singapore 0922 A P NO. 0006 SONY %i§P V KX-20PS1 51cm (20 inch) Profeel; a professional studio monitor for the110 words
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Advertisement359 1984-07-16 1 tfcaa aatfs R Buckminster Fuller, hod the distinction of being thrown out of Horvord twice. This inventor of the Geodesic Dome started his multi-faceted coreer lugging sides of beef for a large meat pocking plant. CAROL LIM reviews In Memoriam, RBF, an exhibition of Bucky's photographs and works, on at359 words
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Advertisement135 1984-07-16 1 America's finest writing instruments CROSS' SINCE 1846 Msctaricaiy guaranteed for i Metro Sole Agents i MALKO aiMWAt AOWCtB (8) Pit LTD. Te* *****25 *****42 Welcome to 'JAL Executive Class'. It adds up to a first class deal at just the economy fare. rNtiiun it u 11 J L *14 -i135 words
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MANAGEMENT
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1382 1984-07-16 2 CARLA RAPOPORT - By CARLA RAPOPORT FT A STUDENT of 1930s architecture would revel in the old Huntley A Palmer building on Kings Road in Reading but John Greeniaus, chief executive of Nabisco UK, which now runs the old H A P business, hates it. "AllFT - 1,382 words
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Article326 1984-07-16 2 Seminars and courses DURATION July 7, 14,21 July 9-U July 9-14 July 9-14 July 9 -14 TITLE Production Management In Proctice NC Wrecut 1 Vertical Machining Centre 1 CMC M*ng 1 CNC Turning 1 VENUE Waterloo Centre JECTU JECTU JECTU JECTU ORGANISER Personnel Organisation Development Economic Development Board Economic326 words
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Article, Illustration1289 1984-07-16 3 CHUANG PECK MING - By CHUANG PECK MING ADULTS MAY not. know why My Melody, Mia Mamma, Tiny Candy, Hello Kitty and Tuxedo Sam have such a hold on children. We are more bemused by the peculiar names of these JapaneseCreated characters. Mickey Mouse and Donald Duck are more1,289 words
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420 1984-07-16 3 LEE HAN SHIH - Compiled by LEE HAN SHIH AS ENGINE that was Invented more than 100 years ago and can run on almost anything solid, liquid, gha or sunlight —is being made ready (or commercial production in the Netherlands. The Stirling, invented by Scotsman Robert Stirling id420 words
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Article, Illustration199 1984-07-16 3 ROBOTS WHEN THE New York Police Department was recently asked to get rid o( a suspicious-looking briefcase outside a restaurant in Manhattan, it sent a Canadian robot RMI-3 out to handle the Job. The robot was brought to the restaurant and set on its wheels. Controlled199 words
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Page 2 Advertisements
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Advertisement266 1984-07-16 2 A iJLS a corporate decision-maker, how will you help choose the right minicomputer system for your organization especially if you have no data processing knowledge? A mass of technical data is not the answer. You need to gain a practical, comfortable awareness of the subject. And that's why IBM is266 words
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Page 3 Advertisements
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Advertisement8 1984-07-16 3 w I Long term leases at attractive rates.8 words
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Advertisement87 1984-07-16 3 THI RIGHT COMBINATION FoR\t>u 1 I n rv Are you locked in your own thoughts of expansion, computerisation, automation or mechanisation? Cheer up. SAL has the right combination for you. We will open the doors for you to a whole new concept.. Technology plus Leasing. Call us on 225-9555 and87 words
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OVERSEAS
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519 1984-07-16 4 NYT WORRYING evidence that the recovery of Britain's manufacturing industry has run out of steam was published by the British Central Statistical Office (CSO) on Friday. Its latest industrial output figures shows that manufacturing production failed to achieve any growth in the three monthsNYT - 519 words
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168 1984-07-16 4 Reuter FRENCH President Francois Mitterrand yesterday announced an 8 per cent cut in personal income and company tax, and reaffirmed a proposal to change the constitution to allow referendums on a wide range of issues. Mr Mitterrand said that the fiscal moveReuter - 168 words
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211 1984-07-16 4 NYT BUILDING mcMm la Britain which Mht leans I» kNH an Hi NMaaniei I» Increase their mortgage rates by tVt percentage pelate li per Mat, the biggest Increase far nearly five yean aad the seeead largest ever. The laereane will aid abeat MNYT - 211 words
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357 1984-07-16 4 NYT FRANCE IS making a major effort to boost its presence on the Chinese agricultural market the world's largest and has high hopes of increasing sales of French agricultural and food processing equipment to China. Mr Michel Rocard, the French AgriculturalNYT - 357 words
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195 1984-07-16 4 Reuter THE DUTCH Cabinet has virtually completed the 1965 budget, which would call for 9.5 bUlkm guilders in spending cuts and 1.5 billion in tax relief for industry, government officials said. The Cabinet was expected, to reach agreement during the weekend,Reuter - 195 words
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305 1984-07-16 4 AFP THE RISING tide erf contraband goods being smuggled into India could cause immense harm to the counr try's economic structure. New Delhi's industry and banking sources estimated the volume of illegal trade, in both directions, at a total of some 50 billion rupees a yearAFP - 305 words
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WORLD IN BRIEF
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Article62 1984-07-16 4 IRAQ'S first Deputy Prime Minister, Tabs Yassin Ramadan, wants the US and the Soviet Union to use their influence to end the 45-month-old Gulf war, the semiofficial newspaper A 1 Ahram said. "We don't want the two powers to support us but to shoulder their responsibilities in putting62 words
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Article52 1984-07-16 4 THE crashlanding of a Malaysian Airlines A-300 Airbus last December was due to navigational error. The national news agency Bernama last Saturday quoted the aircraft's manufacturers as saying that the accident was caused when the wide-bodied French built jet landed short of the runway at tbe Subang52 words
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Article53 1984-07-16 4 THE LIST of candidates for the 12 seats in Macau's legislative assembly elections scheduled for Aug 15 was presented on Saturday, with five people already assured of a seat. The election is at two levels a restricted poll for six specially allocated seats and a direct election for53 words
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Article86 1984-07-16 4 SOUTH KOREA'S gross national product is expected to grow between eight and 8.5 per cent this year, compared with an official 7.5 per cent target and 9.3 per cent growth last year, Deputy Prime Minister Shin Byong-Hyun said. Mr Shin, also Economic Planning Minister, said although South Korea's86 words
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Article74 1984-07-16 4 Agencies OUSTED Kashmir Chief Minister Dr Farooq Abdullah surfaced at his party headquarters in Srinagar on Saturday after a 48-hour absence which led his family to allege he had been arrested, the Press Trust of India said. Addressing his party workers, Dr Abdullah accused his hrother-in-law and successor asAgencies - 74 words
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351 1984-07-16 5 NYT BY MOST expectations, billions of dollars in new investment capital will soon flow into the US from overseas. The lure: k new US government bonds that i will be sold tax-free to foreign Investors. No one is quite sure how much will flowNYT - 351 words
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Article157 1984-07-16 5 AFP BULGARIAN diplomat has _~,been asked by Japanese author- ities to leave Japan voluntarily 0 for his alleged biotechnology espionage activities. U( Japanese newspapers yester- day quoted public security au- thorities as saying that the 371 year-old Bulgarian diplomat in charge of science and technologyAFP - 157 words
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258 1984-07-16 5 Reuter VENEZUELA'S state- owned Petroleos de Venezuela (PDVSA) denied charges by left-wing politicians that its oil supply t agreement with Veba Oel AG of West Germany had A been kiss-making and riddled with irregular pracir tices. L* A statement issued on Friday by PDVSA said theReuter - 258 words
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261 1984-07-16 5 UPI ISRAELI tax receipts fell r US$l95 million short of expenses in so the Treasury printed the difference 39 billion shekels. This infusion of currency J based on little more than I the printing press is helpJTng to vault Israel towards an inflationUPI - 261 words
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179 1984-07-16 5 US SECRETARY of State George Shultz said yesterday he would "work out" disagreements with New Zealand Prime Minister-elect David Lange over a mutual defence treaty during his two-day visit to Wellington. Mr Shultz flew to New Zealand after a 19-hour stopover in Australia,179 words
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712 1984-07-16 5 NYT DESPITE expectations that the US economy's stubbornly good health will aggravate inflation, an important measure of prices held steady in June for the third month in a row. The US Labour Department reported on Friday that its index of producer prices for finishedNYT - 712 words
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538 1984-07-16 6 AP AMERICANS responding to a public opinion poll on US foreign policy are nearly divided on whether to freeze or strengthen the nuclear arsenal, but generally favour efforts to ease tensions with the Soviet Union. The poll of 32,767 showed that 47 perAP - 538 words
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150 1984-07-16 6 AFP AN ARMS agreement between Kuwait and the Soviet Union has been reached during the Kuwaiti defence minister's visit to Moscow. The agreement covered missiles, tanks and other equipment worth over US$325 million. Kuwaiti newspapers reported on Friday that the major armsAFP - 150 words
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Article, Illustration264 1984-07-16 6 Reuter AFTER A spectacular fall from grace, former Carter administration Budget Director Bert Lance has bounced back to the national political scene with a major Job. Democratic presidential front-runner Walter Mondale yesterday named the 53-year-old, self-styled "good old boy from Georgia" to be his electionReuter; UPI picture - 264 words
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260 1984-07-16 6 AP THE Philippines government announced on Saturday the death of its key witness in the assassination of opposition political leader Benigno Aquino. But the chief lawyer of an investigative board said the witness's death would not affect the nine-month-old inquiry into Aquino's killing.AP - 260 words
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Article746 1984-07-16 6 ARRIVALS Operator Sorvico Local From number timo PAA PA5 0020 JFK/SFO/HKG SIA SO 43 0750 DHA MAS MH68I 0620 KUL MAS MH60I 0905 KUL SV SV386 0910 JED/RUH MAS MH67I 0935 KUL MAS MH8U 0940 PEN CAL CJ806 0945 HLP RBA BM2I 1000 BWN SIA SQI03 1005746 words
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Page 4 Advertisements
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Advertisement207 1984-07-16 4 BEWARE i PIRATES OF r If you're not careful about your choice of servicing agent, you could find that your Mercedes-Benz has been fitted with imitation spare parts Which would put its magnificent record for reliability at risk. And possibly incur far greater expense in the long run. 6 months207 words
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Advertisement58 1984-07-16 4 Hotels Worldwide Call *****55 Kuala Lumpur. Malaysia Manila. Philippines Kowloon, Hong Kong Nadi Bay, Fiji Sydney. Australia Melbourne. Australia New York City. New York Chicago. Illinois Dallas, Texas Washington DC, Washington Albuquerque, New Mexico San Juan. Puerto Rico OPENING SOON Auckland, New Zealand i SALES RESERVATIONS OFFICE: 150 Orchard Road58 words
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Page 5 Advertisements
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Advertisement50 1984-07-16 5 M 4 :'l :,Ss mmk m m i|-| t4 k w F> "i ffeemakers. ou need that hot k mqpt, Rowenta es you best because *-e take the chore, not the fun out of coffee-making. Available at all department storea. emporiums and home appliance dealers Sole Agent _i J*bs«n& Jeasen50 words
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Advertisement319 1984-07-16 5 m t. Medici k r t Wl > irT* I JL t m I' W r v a T f •v J r-i i/ v^* f 'II J v n**«L j »J jft I V»v /,<# U?" \J, ■■»■> >■ b 't r*N A^S I fe ■»> 4- mft- >319 words
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Page 6 Advertisements
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Advertisement178 1984-07-16 6 TOKYO SEOUL BEIJING HONG KONG SYDNEY LONDON AMSTERDAM FRANKFURT ZURICH BAHRAIN NEW YORK LOS ANGELES SAN FRANCISCO CHICAGO SAO PAULO >1 rs-7.' I. K•• f UT V V KYOWA BANK ,<&?•' 'V-1 5' Kyowa Bank opens branch office Jf n response to growing needs, The Kyowa Bank Ltd. has upgraded178 words
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Advertisement14 1984-07-16 6 ¥V\ W1 Pan Am World Express 10QuickC I jsyWiv lo Over 451 '.SC. itics14 words
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RAW MATERIALS
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1190 1984-07-16 7 AFP LONDON COMMODITY markets were thoroughly unsettled last week by the sharp rise in British interest rates and the further collapse of gold to new 23-month lows. The weakness of sterling, at a record low against the dollar, and lack of confidence on theAFP - 1,190 words
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Article33 1984-07-16 7 STRAITS TIN Dot* Cloung Pricct Turnover (M$/k*>) (tono«s) July 9 29 15 260 July 10 29 15 250 July 11 29 15 180 July 12 29 15 270 July 13 29 15 18233 words
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Article153 1984-07-16 7 Chinese Produce Exchange Robusto 20/25% FOB NSW Nutmeg 487.50 (Seders' noon doting pr ices on Jvly 355.00 U SS/100 kg) 110 FOB NSW Coconut oil B W FOB NSW 256 00 Bufc FOB 210 00 Gambier CHd drum FOB 223 00 FOB NSW 305 00 New drum FOB153 words
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Article148 1984-07-16 7 WHEAT futures closed 2 US-cents per bushel lower to unchanged in thin trade on Friday. Prices trended lower after mid-session in sympathy with corn and soybean values. Commercial pre-hedging ahead of expected purchases of newly harvested wheat may have added to the negative tone. July finished weak relative to148 words
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Article192 1984-07-16 7 CHICAGO soybean futures closed B'4 cents per bushel higher in July to 5 cents lower in November, as November touched new contract lows before firming slightly. New crop prices lost ground after mid-session as buying interest dwindled. Traders sold on concerns that rains expected in the upper mid-west over192 words
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127 1984-07-16 7 PRESIDENT Marcos has approved the release of 2.1 billion pesos for lending to sugar planters to save the domestic sugar industry from collapse, the Presidential Palace announced. "I have been told in no uncertain terms that unless we now take steps to rehabilitate and127 words
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Article62 1984-07-16 7 AP INDIA, one of the world's largest producers and consumers of tea, is to export more tea following a 2.2 per cent increase in production. Favourable weather conditions had led to the rise in production of about 45.5 million kilograms, said the Tea Board. ItAP - 62 words
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Article334 1984-07-16 7 FUTURES CLOSED unchanged to £6 below Thursday's close in Lsadwi on Friday. November closed at £742/748 against £747/749 the day before. Traders said losses reflected sterling's gains against the dollar, though the market's underlying trend continued firm. Singapore values rose in afterhours trading after a higher official close. Light334 words
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Article713 1984-07-16 7 COFFEE Robusta futures finished on Friday with losses of £16 to £3 apart from spot July and distant May which were £1 and £2 up. September ended at £2,196, £16 down. The afternoon market declined from firm midday levels on trade and commission house profit-taking and arbitrage selling713 words
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Page 7 Advertisements
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Advertisement417 1984-07-16 7 On the lap of Epson QX-10 is a $1000EpsonVbaciher kmlli *****7390 QWERTYUI OP S 9 A S D F G H J -i A .4. 4K It X I Z X C V B N M 2 3 It's yours FREE when you make the purchase We are giving you417 words
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Advertisement143 1984-07-16 7 The Economist opens a representative office in Ocean Building The Times Organisation's proposed satellite transmission, scheduled to start operating at the end of this year, will make The Economist available to readers in Singapore, almost before it's on sale in London. To tie in with this move, The Economist has143 words
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BANKING AND FINANCE
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Article521 1984-07-16 8 Reuter MIDLAND BANK PLC says it is offering a new class of Crocker National Corp preferred shares for the minority common shares in the Californian bank which it does not already own. Each minority Crocker common share will be exchangeable for US$25 in the stated valueReuter - 521 words
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235 1984-07-16 8 Reuter THE BRAZILIAN central bank believes the country's current account deficit in 1964 will be much lower than the US$5.5 billion forecast in January. Bank officials declined to give any new estimate but noted that in the first six months of the yearReuter - 235 words
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Article105 1984-07-16 8 Reuter ASSETS and liabilities of commercial banks in Malaysia fell to MJ61.02 billion in February from $61.10 billion in January, compared with $48.61 billion in February 1963, Bank Negara said. Over the same periods, deposits held by the banks rose to $38.24 billion from $37.29 billionReuter - 105 words
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Article91 1984-07-16 8 THE DOLLAR continued to be buoyant on foreign exchanges last week and profit-taking and the intervention of certain central banks restrained the upward spiral of the US currency only to a small extent and temporarily. Parallel to the dollar's gain, however, was mounting doubts about the probability91 words
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Article110 1984-07-16 8 UBS US dollar Waiting for the next interest rate rise. Swiss frsnc: Weaker trend expected. Dsutschsmarfc: In spite of support from intervention, downward pressure is expected because of the interest rate factor. WEEK'S TRADING AT A GLANCE (Into erbank fPKkJii e rates) Monday Lew High Friday opening afternoonUBS - 110 words
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153 1984-07-16 8 THE US/Singapore dollar rate opened the week at 2.1455-65 and demand for the US dollar drove the rate up to a high of 2.*****0 before long liquidation brought it down to close at 2.1400-10. The Singapore dollar strengthened against the Malaysian dollar, the mark, the153 words
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Article51 1984-07-16 8 At dOM Prices offered by discount 3-month Treasury Mb houses on July 14 3 1/166—2 I5/I6S Overnight 1 1/2—3 1/4 Cat deposits 3 1/4 3-month bonk Mb 3-month CD 9 3/16B—9 I/16S 8 I/2B—8 3/8S 6-month CD 8 5/88—8 1/2S Smvcv. Mofiotfoi Ot$coofit Cof*po n Source: National Discount51 words
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122 1984-07-16 8 Discount Co of Singapore THE Singapore money market was generally tighter last week, with the day-to-day funds touching a high of 9 per cent on Tuesday. Its uptrend was interrupted by suspected intervention by the authority towards the latter part of the week. The overnightDiscount Co of Singapore - 122 words
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Article151 1984-07-16 8 Asian ASIAN currency average deposit rates for the week ended July 13: BID PRICES High Lew us$ 7 day* 11 9/16 II 1/4 1 month 1113/16 117/16 2 months 12 II 11/16 3 months 12 1/4 117/8 6 montt» 12 13/16 129/16 9 months 13 3/16 12 7/8 12 months151 words
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Article250 1984-07-16 8 GOLD FOR December delivery settled at U*****.50 an ounce on the Singapore International Monetary Exchange on Friday, a loss of about $20 compared with a week ago. Trading on the exchange was moderate, with prices ranging from the week's high of $363.70 on Tuesday to250 words
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Article, Illustration441 1984-07-16 8 THE PU is tbo lowest landing rot* at whidi a bonk is praoorod to load in Sngopor* doMors to its dwnts on on ovordroft or domond basis. PLR of bonks ot the close of business on Fridoy, July 13 os supplied by the Association of Bonks in441 words
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Article32 1984-07-16 8 THE RANGE of col rates for the week ended Friday, July 13: Bonk fund 4 to 5.5 General fund 5 to 5.5 $m oHM*"'* 1,458 Source: Short Deposits (M) Bhd32 words
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423 1984-07-16 9 Reuter THE SWEDISH government appears to be using a requirement (or insurance companies to buy priority bonds as a means of financing part of its 1964 budget deficit at well below market rates, money dealers said. Insurance companies are required to invest up toReuter - 423 words
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312 1984-07-16 9 Reuter A RESCHEDULING agreement, essentially covering all of Poland's medium-term bank debt due between 1984 and 1967, has been signed by Piland and its creditor banks, according to Barclays Bank International. Barclays, which was host of the meeting, said theReuter - 312 words
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Article141 1984-07-16 9 Reuter ECUADOR is studying proposals from its creditor banks for the rescheduling of US$632 million in foreign debt due to be repaid this year. The central bank said that the steering committee of the creditor banks had recently submitted proposals which included the extension of further creditReuter - 141 words
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231 1984-07-16 9 Reuter THE IMMINENT removal of the 30 per cent withholding tax on foreign investments in US securities could boost the dollar further and benefit the Treasury market at the expense of other US debt obligations. Salomon Brothers Inc chief economist, Henry Kaufman,Reuter - 231 words
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Article109 1984-07-16 9 Reuter THE AVERAGE issue interest rate on yen certificates of deposit (CDs) for less than 120 days eased to 6.49 per cent in the first 10 days of July from 6.51 per cent in the proceeding 10 days, the Bank of Japan said. The outstandingReuter - 109 words
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581 1984-07-16 9 FT THE FLEDGLING composite reserve currency of the European Economic Community, the European Currency Unit (ECU), may have made significant progress as a commercial vehicle used in transactions on the financial markets. But it is still very much in its "adolescence"FT - 581 words
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497 1984-07-16 9 Reuter THE SPOTLIGHT on Latin American debt shifts back to Mexico this week as the region's second most indebted nation tries to get its repayments stretched to the end of the century. At talks with its creditors which begin today in New York,Reuter - 497 words
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143 1984-07-16 9 Reuter VENEZUELA has prepared a proposal for its foreign creditor banks which features the possibility of multi-year foreign debt rescheduling and interest rate capping, official sources say. The proposal was finalised last Thursday at a meeting between President Jaime Lusinchi, members of his cabinetReuter - 143 words
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Page 8 Advertisements
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Advertisement342 1984-07-16 8 We have all the cool facts aft our fiiurerftins Fact The Hitachi multi-split air-conditioner cools four rooms with one outdoor unit. Fact Each indoor unit takes a maximum space of only 0.3M 2 It can be mounted high up on the wall or ceiling, leaving you more floor space for342 words
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Page 9 Advertisements
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Advertisement207 1984-07-16 9 "240,000 people have had the time of their lives!" This is the number of company personnel and their families who have enjoyed company get-togethers at the Zoo. A company outing at the Zoo means a fabulous time for adults and children. Watch animal acrobatics at Showtime with Zoo stars like207 words
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FEATURES
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Article, Illustration808 1984-07-16 10 DENIS GRAY - By DENIS GRAY AP THE POWERFUL, uncomplaining water buffalo known as "the living tractor of Asia" for thousands of years is still slogging along, despite in-roads by machines like the versatile "iron buffalo". The purr of the motor, rather than the slow slosh ofAP - 808 words
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Page 10 Advertisements
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Advertisement98 1984-07-16 10 ■^TirSETt AMEROCK decorative locksets are renowned for their elegance and consummate security. To suit individual taste or home decor, there are two r t Aide that'll solve your storage Space Aide that'll save you precious space. All from f opportunity for you to range of quality household use your creativity98 words
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Advertisement114 1984-07-16 10 \bu need only one reason to apply for an OCBC Master Card... simply, that it's accepted in over 3.7 million establishments in 140 countries around the world! f It's all the credit card you need at home and abroad. If ever you need cash, your OCBC MasterCard allows you to114 words
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Page 10 Miscellaneous
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Miscellaneous909 1984-07-16 10 to hod mm II HIGHLIGHTS: Life: Patent pending 8.03 pm, Channel 12 We see how scientists go about creating new forms of life and the impact of the "gene bonanza" on industry, medicine and the universities. (60 minutes) Classical moments Solti and the Chicogo 9.05 pm, Channel 12 A concert909 words
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THE ARTS
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Article, Illustration327 1984-07-16 11 A CONCERT-MASTER of the Berlin Radio Symphony Orchestra got together with the principal violist of the Berlin Phiharmonic Orchestra and the principal cellist of the Stuttgart Radio Symphony Orchestra to fqrm the Reger Trio in 1971. 1 This group327 words
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Article, Illustration612 1984-07-16 11 KANG SIEW KHENG - uHWJya By KANG SIEW KHENG STANDING ALMOST forgotten at the junction of Stamford and Fort Canning raps is a concrete and enduring cultural legacy of Singapore our grand old dame of the arts the National Museum. It is so unassuming and unchanging that it is612 words
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Article, Illustration555 1984-07-16 11 CAROL LIM - By CAROL LIM A FEW INTRODUCTORY words about RBuckminster Fuller are in order here. He had the distinction of being thrown out of Harvard twice due to lack of interest, as he claims in his autobiography. The inventor of the Geodesic Dome started his multi-fa-ceted555 words
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Page 11 Advertisements
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Advertisement129 1984-07-16 11 mgg BEN AND ES COMPANY LIMITED (Incorporated in Singapore) ANNOUNCEMENT The Directors of Ben And Company Limited ('Ben') wish to announce that Ben is at present negotiating with the shareholders of QAF Holdings Berhad ('QAF) for Ben to acquire the whole of the issued share capital of QAF. QAF is129 words
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Advertisement330 1984-07-16 11 :_i L_ T'At WVj' > v*- v 1 3 4»C* Golden Phoenix, the most renowned Sichuan Restaurant, now offers traditional Chao Zhou cuisine at our new restaurant in Shenton Way. Authentic Japanese Delicacies: Sashimi. Sushi. Sukiyaki. Shabu-Shabu. Yakitori. Tempura and Teppanyaki.* '(Not available at Hotel Equatorial). 6th storey, UIC Building.330 words
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Page 11 Miscellaneous
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Miscellaneous652 1984-07-16 11 CRYPTIC PUZZLE ACROSS 1 He con monufacture for most markets (5) 6 Not hard currency (5) 9 If cruel, may be a devil (7) 10 One-legged bird? (5) 11 Just the chap to purr o bit and lay about? (5) 12 It's slow to voyage round the Pole (5) 13652 words
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Miscellaneous17 1984-07-16 11 BniatdW :fWk_DicJa>ns I MCujO MP*M£. u>€_ HG-R£.? "£j£ CMeSTfeft P£RRV OR&fXNtSpaog TOP CLPNSS Pimßi-Rous iNTeiuG£.KT PNPPUCPNTS sssu©*17 words
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INTERNATIONAL STOCKS
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275 1984-07-16 12 Taipei approves venture with AT T FT THE TAIWANESE Cabinet has approved a muti-mil-lion dollar Joint venture between American Telephone and Telegraph of the US and three Taiwan government organisations to produce digital telecommunications switches. The initial paid-in capital of the venture, which will begin production in two years' time,FT - 275 words
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176 1984-07-16 12 Reuter THE PERGAMON Press purchase of Reed International PLCs Mirror group newspapers valued the papers at nil, Pergamon chairman Robert Maxwell told a press briefing. Last Thursday, Reed accepted Pergamon's offer of £113.4 million, or £90 million net after debt adjustments, for a groupReuter - 176 words
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271 1984-07-16 12 THE MARKET snapped a three-day slump with a small gain last Friday, helped by favourable economic news, but relatively slow trading indicated investors were sceptical. Analysts said big investors were more interested in highyielding bonds than stocks even though corporations such as IBM271 words
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Article144 1984-07-16 12 JULY 19 AbMfei a 26* unch bnp CM Ineo 34* 12* 29* Aican 34* kit Ut» 22* Algomo 20* kid Mdiai 23 Karr Add 16* Bank Nova Scotia M Tal BP Can Ltd 10* 31* 24 unch Lofetow B MaMy Farg 14* 3* 23* unch inch 30 Mohan A144 words
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Article216 1984-07-16 12 240 lo Un S*aal 110 IHOUSTtlALS Urmac 505 80GB Wootworlh 1700 Abarcom A£ And O Amaprop 175 830 400 unch 50 Antfoa GS 2200 unch AMM£ c 6 mm* 2850 1250 1875 unch 25 25 Tssr 1775 6900 50 100 unch 10 CNA Cxrnm Fnanci 255 450 •10 Com216 words
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Article693 1984-07-16 12 JULY 11 US$ ACT MuMm Alton Akm Mm z: 26* 32* Alaqhany Lud AM Own Cp AM Stora* AhOwtMn Am Brandt k* Am Broodcort Am Can Co Am Cyonanad Am Bic Pwt Am Expraa* Am lloww Prod Am Motor* Cp Am Notiaal Got AmNlTA Amai Inc Amoroda Hni693 words
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Article835 1984-07-16 12 Amsterdam JULY IS ABN n> 301 00 4-9 Aogon AhaW 113 50 4-1.5 178 00 4-1 5 Akzo AMCV Ante 8180 +2 153 00 wdi 55 20 401 Botfc 30.80 +08 Bofc MOO imh*> 234.00 +2 Bo*fco Burlrt Coland 30 10 unch 64 70 +0.2 36 20 -0.3835 words
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Article46 1984-07-16 12 Reuter ICL PLC has stopped marketing the Atlas 10 large mainframe computer by Fujitsu of Japan to concentrate on other products, according to a company spokesman. It has sold five Atlas 10 machines, worth about £2.5 million to £3 million each. ReuterReuter - 46 words
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Page 12 Advertisements
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Advertisement255 1984-07-16 12 Wiiept to wlae, aai tutortaia #f=f '-4m" .The Tea Garden FYescnk a French R£\ciuhan July 5-21 Voila! The best of French cuisine in the Tea Garden. Has there been a new French revolution? J I like to think so. During July, a full selection of rench epicurean delights is no255 words
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Advertisement130 1984-07-16 12 Spectacular Double Bill frv Cedric Debbie excitement hits ROBIN'S TAVERN Two popular groups entertain from 5.15 p m onwards A single group performs on Sundays and Mondays Order a glaaa ot Wbtte Horae WnHKy t iWw Wnßiiyi vj»n, BtsquM VSOP or Tiger Draught BMrandgtUJtfifiOd ON THE HOUSE Plus a 25%130 words
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Advertisement99 1984-07-16 12 the president lounge presents n !> L. rsasßsrastfss: band group. TKev will «rhv« live entertainment whik you o^rcosy drink. Both groups have th bination to put you in a wonderful mood ST 55 HOURS ;4 00 pmtolooain President's Party Time. drinks) Live Entertainment From 8.00 pm onwards PRESIDENT merlin hotel99 words
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Advertisement101 1984-07-16 12 i fin si Tinfk&Vrund Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/CHINESE/ •VII4I Banquets Otter For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At $16/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your dancing101 words
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Advertisement136 1984-07-16 12 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 cßjswn OFWJEHOTEL 270 Orchard Road Singapore 0923136 words
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INTERNATIONAL COMPANY NEWS
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243 1984-07-16 13 Reuter MOBIL Corp said Superior Oil Co has agreed to submit a proposed merger of the companies to Superior stockholders at a meeting to be held by Sep 28. It says this follows the announcement of a supplemented merger agreement earlier lastReuter - 243 words
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632 1984-07-16 13 NYT INTERNATIONAL Business Machines (IBM), continuing to surprise Wall Street with the pace of its growth, said its net income for the second quarter rose 20.9 per cent over the same period a year ago. Stephen T MccLellan, a vicepresident of SalomonNYT - 632 words
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399 1984-07-16 13 UPI US car makers have reported a 32 per cent increase for early sales in July, the best performance for the period in six years and the second-best selling pace of 1984. Each of the six companies General Motors, Ford Motor, Chrysler,UPI - 399 words
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Article102 1984-07-16 13 Reuter TOYOTA is to start negotiations with Renault of France on cooperation in production and technology, says the Kyodo News Agency. It quoted unnamed industry sources as saying that the French car maker was seeking the cooperation and that the negotiations would begin when Renault made aReuter - 102 words
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75 1984-07-16 13 Reuter AUSTRALIAN publisher Rupert Murdoch told the Securities and Exchange Commission (SEC) that a group he heads explored making an unsolicited tender offer for 50.1 per cent of St Regis Corp at US$5O to $55 a share. According to the SEC filing, the MurdochReuter - 75 words
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Article40 1984-07-16 13 Reuter SMITH Kline Beckman Corp has reached agreement with Tianjin Pharmaceutical Co to set up a Joint venture in China. The new company, Tianjin Smith Kline and French Laboratories, would make pharmaceutical products for sale in China. ReuterReuter - 40 words
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Article161 1984-07-16 13 UPI STATE-OWNED British Steel Corporation (BSC) said it more than halved its losses to just over £3 million a week in the year ended March 31. In its annual report, BSC chairman Robert Haslam said the losses after interest payments amounted to £174 million, compared withUPI - 161 words
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Page 13 Advertisements
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Advertisement75 1984-07-16 13 I am at TV. Wlsere to wlite, time aad miertkia mt ii 5^ o Highlighting some of latest and most creat summer collections the fashion scene. Every Friday night from to August 31,1984. 7.30pm Lavish dinner wtth a teiectton specialities 9.00pm Fashion Show Pooiside, sth Floor Royal HoNday inn Singapc75 words
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Advertisement81 1984-07-16 13 I f For lunch Ft >r dinner [■or a richiy rewarding exjK'rwncc Kiimik ssmi ii s I urn ti Suikl.lV. Kl 1111 l Ii I or reservations t .ill 7.'>7 )f>77 A V b i iiliiia I'lirk Slmiiiluii Siii^n|N)i*(* iV'tt aJ&a^Utomrmaf n V M J Now. there is a selection81 words
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Advertisement128 1984-07-16 13 Peninsula t®t Coffee house Levftb P»r f m I II 1 J2 24- hour Coffee House where JLV ii Fl Daily Set Lunch (Local* Western) Each day, a local favourite is selected, e.g... Prawn Mee Soup... Hainanese Clay Pot. Sunday Buffet Lunch T u h lil Jl.i i* m Jw128 words
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Advertisement207 1984-07-16 13 UNBEATABLE VALUE wXa a c S' Vba ke<imeall a wren a complimentary glass of fine German Pilsener for $6.50 Brewed from soft well crater that accepts extra hops, then stored for up to 10 weeks before bottling, Jever Pilsener is the exclusive premier beer with a wonderfully r esh distinctive207 words
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Advertisement104 1984-07-16 13 we serve round the v—- V. Our newly extended Coffee Garden is now better than ever. Whether you have an appetite for local or continental food, you 11 find our staff friendly and efficient, our food appealing and delicious. Try our famous claypot specialities, Hainanese chicken rice and other dishes104 words
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MARKET REVIEWS
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Article1413 1984-07-16 14 GERALD COLVERD - fcrrmi London 2_J 4 By GERALD COLVERD THE fascination of the "Bermuda Triangle" in which ships and voyagers have mysteriously disappeared, has never been able to captivate the attention of economists. Yet they are the long standing experts on the most famous triangle of all drawn between1,413 words
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191 1984-07-16 14 WL. S 4 AFP SHARE prices declined sharply on the Tokyo Stock Exchange last week, reflecting continuous falls in New York and London and the yen's sagging exchange value. The 225-stock Dow Jones Average, which gave up 19.9 yen the previous week, shed aAFP - 191 words
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Article214 1984-07-16 14 BCI MILAN share prices continued to falter, responding in part to the continued tension in the domestic political arena, though the situation eased a little when the threatened government crisis was finally avoided. Besides, the market had to face technical adjustments (July 16 is lastBCI - 214 words
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599 1984-07-16 14 ST Wi J ew Kh I A UPI THE NEW YORK stock market tested its 1984 lows last week in slow trading after ITT Corp slashed its dividend, interest rates remained high/ gold plunged and the dollar soared. Brokers said it wasUPI - 599 words
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Article593 1984-07-16 14 TERESA LIM - r l b I Hongkong d By TERESA LIM, Hongkong Correspondent IT WAS an eventful week for the Hongkong stock market, though not in the way investorbulls might have wanted. After the previous weekend's rise in interest rates, stock prices promptly started falling on Monday's opening,593 words
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626 1984-07-16 14 K.Lumpur d SHARE prices fell sharply across the board on the Kuala Lumpur stock market last week as investors' confidence remained at a low ebb. Moderate to substantial losses were shown on all fronts with all the Indices registering declines. The New626 words
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Article, Illustration5181 1984-07-16 15 AMY CHEOK - By AMY CHEOK WEAKNESS in most overseas markets had a spillover effect on the Singapore stock market last week, causing share prices to suffer another spell of nervous liquidation. At the end of the week, the BT Composite Index, which gauges a cross section of5,181 words
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Article251 1984-07-16 15 rs r vlAustralia M. s= m a SVB Day, Porter Co THE Australian stock market remained reasonably buoyant last week In spite of declines on overseas markets and further losses in the gold price. The All Ordinaries Index eased one point to close at 669.0. TheSVB Day, Porter & Co - 251 words
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Article588 1984-07-16 15 JULIANA TAY - WMk ended July 13 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Borioyo Kowot Bhd hos controcted to buy a 48 per cent stake in Regnts (M) Sdn Bhd comprising 15.6 m*on shores from Singer Sewing Mochine Co for M 554.6 m*on. It hos also agreed to588 words
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Article340 1984-07-16 15 UBS THE Zurich stock market closed the second week of July on a weaker level, with the overall index down by 2.1 per cent to 370.50 points. Although no clear trend developed at the beginning of the week, prices declined over a broad front fromUBS - 340 words
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Page 14 Advertisements
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Advertisement31 1984-07-16 14 V wjSStSf feffia^sfisssc."zO?ZTJ4M£^ i t I tv tMR HYATTOHOTELS 'an Te'ephof *****1 Telex MA 50?52 Hyatt Kmabalu International Telephone ***** Telex ***** HYATKK F Of reservations and information call (0?} 7.*****831 words
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Advertisement142 1984-07-16 14 NOTICE To tha hoktors of Hit floating Dollar Cortificataa of Deposit January, 1989. THE SUMITOMO BANK, LIMITED 6 Shanton Way #01-09, DBS Building, Singapore 0106. We hereby certify that the rate of Interest payable on the above mentioned Certificates of Deposit for the Interest Period beginning on 16th July, 1984142 words
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COMPANY NEWS
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760 1984-07-16 16 AMY CHEOK - By AMY CHEOK LOCAL stock broking firm Kay Hian k Co (Pte) has recommended purchase on weakness of stocks such as LMfl Omp Investments, Malayaa Baakiag, Mete. HeMiags, United Estate Prajeets BM, but to sell shares in Tea ffiap760 words
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Article, Illustration950 1984-07-16 16 TAN CHONG Motor Holdings Bhd is now shifting its focus towards the manufacture of car components as part of the group's overall plan to meet the challenges it foresees in the motor trade. As a first step, the motor-cum-trading-and-property group intends950 words
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362 1984-07-16 16 THE SALE of a 75 per cent stake in Sim Lim Holdings Bhd will now be effected through a tripartite arrangement among Sim Lim Investments Ltd, PW Enterpises Sdn Bhd and the Wee Boon Ping Hussein Wahid Dally camp.362 words
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523 1984-07-16 17 THE KUALA Lumpur Stock Exchange (KLSE) is set to record l a first in the Malaysian corporate sector with the expected listing of securities company, V Malaysian General Investment Corporation Bhd (MGIC). The company is expected to offer HO million shares523 words
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164 1984-07-16 17 •"THE Malaysian-based -company Vitco is underI; stood to be negotiating to >buy a large stake in Vit- clay Pipes, one of AusZ tralia's biggest clay pipes manufacturers. The 49 per cent stake *~in Vitclay, worth an estimated AH 4 million, is currently held164 words
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Article355 1984-07-16 17 AS AT June 29, 1.9 pacent of the issued share capital of flagapwn Finance LM was beneficially owned or controlled by foreign persons. TAT LEE Bank Lid has received acceptances for 16.59 million new shares representing 98.77 per cent of its total rights issue of 16.8 million shares355 words
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110 1984-07-16 17 LEE KIM TAH Holdings Ltd will be announcing further details on its public offer of shares at DBS Bank at 2.30 pm today. As reported by BT earlier, the civil engineering company is offering 20 million sfrcent shares at $1.50, making it110 words
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Article54 1984-07-16 17 UNITED Mslsnns Esfchu Estates BM ba reported higher pnp prrtax prints «< RC|l2l mlltlMi (tun —»«iw— pfcuit—ly) Mi greap aftcHu prsflts $Ui mllllsa ($149 mllliM) «jrjke year emdtd April 31, A gress (teal OvMead ef 18 per eeat (12 Mr mat) wffi be paid «a Aif54 words
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Article734 1984-07-16 17 Currant C> data Books dot* Data LlTotal far Hm roar Total for pftnom yt Acma Ala* Hldgs Asiatic Dov B Stmbowong Botu Lintong lirfoyo Kowot Bolton CCM D Karomot D C Bonk Dutch Baby FAN FadCabtos Fima M Box Gantings Goodwood Pork H L Financa H Msio H734 words
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Article465 1984-07-16 17 LAST FULL YEAR Compowy AMD! Lonrt Tin Pegi Msio G Lufnb#f Gulo Perok Kentucky Spore H Negoro City Dor Kings M Resources Shongri-Lo Bukit Kotil Acmo SN PL Dun lop Ind M Cement F E Levingston U 1 Securttios ICS IfannJ CL!> JSTTf p M U Mfg Rothmons465 words
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577 1984-07-16 17 CHAN MAY PENG - By CHAN MAY PENG LEADING soft-drinks manufacturer Fraser A Neave Ltd is considering several other potential projects in its drive for diversification into food-related businesses. But the company is not prepared to discuss them now since many may not turn out to be "commercially Justifiable".577 words
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Article365 1984-07-16 17 TIMURAN Holdings Bhd has forecast group profits before taxation and minority interests for the year ending Dec 31, 1984 to be not less than msB.3 mim™ compared with $8.02 miin™ previously. This was disclosed in the circular to shareholders on its proposed bonus and rights issue365 words
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Article89 1984-07-16 17 Bernama ROXY Electric Endustries (M) Bhd, which recently announced a major restructuring exercise, has declared an interim dividend of 8.33 per cent gross for the year ending Sep 30,1984. The company said the dividend was declared in view of the improved results in the first halfBernama - 89 words
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Page 16 Advertisements
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Advertisement117 1984-07-16 16 m M I es 2Vr 3 Shentoo Way, #03-12, Shenton House Singapore 0106. Tetephone:22s4277 Y N COCOA MANAGEMENT Two energetic professionals with several years of Senior Agricultural Management experience are sought for appointments in Papua New Guinea. Positions are being established with the aim of providing comprehensive management services to117 words
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Advertisement850 1984-07-16 16 MARINE MIDLAND BANKS, INC. (Incorporated with limited liability in the U SA) Consolidated Statement of Accounts for year ended December 31,1983. (all figures quoted in U S DoKars) Consolidated Balance Sheet Caah and dua from bank* mtaraat bMnng dapoaits with banks Fadarai hind* aoM Sacuntias purchased under raaato agreements US850 words
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Page 17 Advertisements
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Advertisement210 1984-07-16 17 IN TH£ MATTER OF THE COMPANIES ACT, CAP. 185 Pursuant to Section ***** Kb) AND IN THE MATTER OF AOORARE PTE. LTD. At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. *12-01 ft 12-11 Golden Mile Tower, Singapore 0719, on edneaday210 words
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Advertisement172 1984-07-16 17 P%s®L_ Sri Lanka great investment climate Unprecedented incentives Inexpensive skilled labour Modern infrastructure The Greater Colombo Economic Commission (GCEC) the Governing Authority for Sri Lanka's Investment Promotion Zones, now offers Singaporean entrepreneurs unparalleled investment opportunities. 100% tax exemption upto 10 years and other unique tax benefits. Large pool of young,educated,172 words
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Article, Illustration346 1984-07-16 18 TSANG SAU YIN - By TSANG SAU YIN SEVERAL leading Asian advertising agencies have pooled their resources together to form Alliance East, a network of agencies that will service clients with regional advertising needs. Alliance East comprises Advertising and Marketing Associates (Philippines), Inter-Ad-mark (Indonesia), Thai Image346 words
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365 1984-07-16 18 LISA LEE - Shops and factories may change trade without penalty By LISA LEE SMALL BUSINESSES in Housing Board shops and factories have been given a boost as they will now have more leeway to change trades. They can change from one type of trade to another,365 words
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Article97 1984-07-16 18 Reuter BRITISH Foreign Office Minister Richard Luce has assured Hongkong's 5.3 million people that Britain will remain in control of the colony in the years leading up to China's takeover. At a news conference in Hongkong yesterday, Mr Luce acknowledged that there were many who wereReuter - 97 words
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Article46 1984-07-16 18 Reuter CHINA'S last hereditary Mongol lord, a direct descendant of Genghis Khan, has died. The New China News Agency reported yesterday that Oqirhuyakt, a 32nd generation member of the Khan line, died on July 2 of cancer, at the age of 84.Reuter - 46 words
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187 1984-07-16 18 AFP THE BOARD of the US Federal Reserve is due to meet today and tomorrow against a background of several welcome statistics indicating that the growth in the economy is slowing down. The meeting is important because it will have a majorAFP - 187 words
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Article327 1984-07-16 18 THE various chambers of commerce and industry in Malaysia yesterday welcomed the new appointments in Datuk Seri Dr Mahathir Mohamad's Cabinet and described the lineup as "powerful" and "well-represented". The secretary of the Indian Chamber of Commerce A Industry Datuk G S Gill said the327 words
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145 1984-07-16 18 Bernama THE UMNO Supreme Council set up a special committee under Datuk Musa Hitam on Saturday to look into unhealthy practices said to have been perpetrated during the campaign for the party elections in May. Umno vice-president Mr Abdul Ghafar Baba, newly appointedBernama - 145 words
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Article79 1984-07-16 18 Reuter RESERVE Bank Governor Spencer Russell said in a statement issued yesterday that the foreign exchange market for New Zealand dollars was closed until further notice. "This step has been taken because of the uncertainties which have existed in the foreign exchange market and toReuter - 79 words
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LATE FILE
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Article30 1984-07-16 18 AFP CHINA yesterday charged that Vietnam's "largescale" offensive last week was intended to create a crisis atmosphere and produce a pretext for tighter control at home. AFPAFP - 30 words
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Article27 1984-07-16 18 AFP INDONESIA and Canada have signed an US$6.6 million financial aid package to help finance an integrated area development scheme in Sulawesi. AFPAFP - 27 words
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Article39 1984-07-16 18 Bernama MALAYSIAN police were called in to investigate a report that a seminar on the Haj held in Kota Bahru by PAS yesterday was turned into a political gathering said to be attended by many Iranians. BeraamaBernama - 39 words
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Article38 1984-07-16 18 UPI SWISS authorities yesterday kept a Soviet truck which was under seal and said to contain "diplomatic baggage" refusing to let the nine tonnes of freight be unloaded without the presence of customs agents. UPIUPI - 38 words
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Page 18 Advertisements
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Advertisement310 1984-07-16 18 1. Woodworking furniture for household, office and public building purpose-made fixtures, e.g. built-in cabinets, ceiling paneling, doors and windows wooden crates and boxes veneering 2. Engineering workshop precision metal components repair and manufacturing of machineries, scientific instruments marine engineering including repairs of shipping parts, propeller dies and moulds making 3.310 words
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Advertisement387 1984-07-16 18 t Bayerische Landesbank is headquartered in Bavaria, a leading federal state of West Germany with a long tradition in cross-border trade and finance, k Over the years we have constantly upgraded and refined our international banking capabilities, building a reputation for responsive, up-to-date service wherever we do business. In Singapore,387 words
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Page 18 Miscellaneous
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Miscellaneous29 1984-07-16 18 Outlook for today: Portly cloudy; showers in sovorol oroos in the morning and aorly afternoon. Report for 24 hours prior to 7 30pm on July 15 at the airport:29 words
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SHIPPING TIMES
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342 1984-07-16 19 HONGKONG port authorities have asked the Philippine government for a representative to oversee the unloading of some US$2O million worth of cargo aboard the Palawan, one of 12 ships of the financially-troubled Maritime Company of the Philippines (MCP) seized by creditors in342 words
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Article, Illustration508 1984-07-16 19 G DURAIRAJ - By G DURAIRAJ MALAYSIA Shipyard and Engineering (MSE) is considering a proposal to capitalise part of its loans to ease substantial financing commitments which are said to be affecting its profitability. It is understood that such a proposal has been discussed by508 words
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PORTSIDES
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Article86 1984-07-16 19 Reuter INDIA'S 10 major ports handled 24.8 million tonnes of cargo in the first quarter of 1964/85 ending next March, up from 24.7 million in the same period last year, a government statement said. The ports showed improvement despite a 26-day national dock strike in March/April which crippledReuter - 86 words
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Article553 1984-07-16 19 Shipping UB» N|i c* MM VI 3 Ahrarduol Unar VI s AC To«p»«f X 5 Afeoc VI 3 AimraShpt IV 1 AKLn V 4 API 4/5 Arrow Lmi X 4 ASCL 1 Auobrokar V s AltatLm X 1 Auttauo Ln V 1 Ba*-Omrw VI 4/5 Baltic Em553 words
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642 1984-07-16 20 Reuter IRAQI AIR attacks and mines have turned part of Iran's northern Gulf coast into a graveyard for merchant shipping, but vessels still ply the route which some seamen call "suicide alley". Cargo ships serving Iran's northern ports have been the target of IraqiReuter - 642 words
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Article192 1984-07-16 20 THE MAJOR shipping consortia operating between the Far East /Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.192 words
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Article80 1984-07-16 20 Reuter NIPPON Yusen KK (NYK) said it will order a 235,000 deadweight ton oil tanker, its first new very large crude carrier (VLCC) in 10 years, from Mitsubishi Heavy Industries Ltd. The VLCC's charter is guaranteed by the refiner Idemitsu Kosan Co Ltd and the shipReuter - 80 words
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834 1984-07-16 20 Fairplay SCRAPPING is one of the few credible solutions to restore the equilibrium in shipping services. Despite recent overheating of the dry bulk market, the imbalance in supply and demand is still most acute in the tanker sector, and in particular the VLCC/ULOC market.Fairplay - 834 words
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Article1695 1984-07-16 20 FAIRLY active sugar chartering featured the freight market on Thursday, with increased interest seen for cargoes destined for India, shipbrokers said. Sugar from Bulgaria to India paid US$2B while a vessel was booked from Brazil to Sri Lanka at $38 option India at $37. Freight cover is needed1,695 words
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Article514 1984-07-16 20 TWO SD-14 type vessels sold for about US$l2 million en bloc highlighted the ship sales market last week. Secondhand tonnage brokers said the Afrieaa Express and the Earspeaa Express, both built in 1979, were sold to Chinese buyers. The market also featured the sale of a number of514 words
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264 1984-07-16 21 AFP MERCHANT ship tonnage laid up worldwide at the end of May fell to its lowest point for nearly two years but was still very substantial, said the General Council of British Shipping (GCBS). Its figures showed a total of 1,495 ships of 74.32AFP - 264 words
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Article, Illustration420 1984-07-16 21 CYPRUS Ports Authority (CPA) chairman, Mr DP Liveras, hopes that Cyprus will one day play the role of Singapore as a transhipment centre. "And I think we can do it," said Mr Liveras. "We shall continue to improve our infrastructure and420 words
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304 1984-07-16 21 WORLD container traffic is forecast to grow at an average of 4.3 per cent a year until 1990. The organisers of the fifth Container Technology Conference and Exhibition have predicted the upswing, despite several general rate increases made by major304 words
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137 1984-07-16 21 TMR/ITN SEA-LAND Service, concerned with future costly litigation, has asked the United States Maritime Administration to review guidelines concerning the operations of carriers having both subsidised and unsubsidised services. Focussing on chief competitor US Lines, the unsubsidised carrier called attention to US Lines's unprecedented agreementTMR/ITN - 137 words
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4553 1984-07-16 26 §®aBG)QaJ3 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 of4,553 words
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Article676 1984-07-16 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location N Topaz 30S/N 16.7 84 2300 NAPL FSB 0900-1100 F3 Regina Maersk 8408 16.7 84 2330 Maersk 51 0700-0900/1030-1130 A1/F1 0900-1030 Bl As Pallas 318676 words
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Article1592 1984-07-16 27 The leading shipping lines operating from local ports and their agents. A-B AFE A African Shipping Agencies (S). Afm-Eneasla Liar Trsnsgroup (S) AhreakM Umer Service Kim Shpg (S) AIM C Taopdsr Oreanus Shipping Agency (S) Marin tex Enterprise (PK). AlpM Intrasra (S) Binung Shpg (KL) Island1,592 words
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Article387 1984-07-16 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departun KEPPEL WHARVES Foochow 27/8 SChlao alongside 16.7.84/0600 Kota Ria 10/1 PIL alongside 16.7.84/0600 Lupin 35/6 BOR alongside 16.7.84/1800 Ned Manila 44 Ned-EAC alongside 16.784/0600 New Eagle 13/4 SChlao alongside 16.784/0600 Shiokase 15/6 Leo alongside 16.7.84/1800 Stolt Sincerity 15/6 S387 words
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Page 19 Advertisements
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Advertisement178 1984-07-16 19 TIMES lUisiiK'ss l>irr< lory of Sin&>i>orc (BDKU MF.RAH) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE ?S| -lAHI>INK AXI'AII o I O*gENT OVEIQEAS CmUum LINE FULLY CONTAINERISED SERVICE QCVMJR rm «m iDCMUO MS 4OT 15/9 mm* ami* z* 120,9 Ca*Hi( Brmerliaw* after Hamtxnj 16/9 4/10 21/9 9/10 •Qosmi Times (S'l178 words
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Advertisement300 1984-07-16 19 ySEALORD UASC UNITED ARAB SHIPPING CO'SAG NATIONAL LINE OP BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE I KOM IM'W I I\\ N HOM.hOM, «/7 7/7 17/7 nn n/7 nn VI 7/1 17/1 21/1 14/7 a/7 4/1 11/1 2VI u/7 ia/7 27/7300 words
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Advertisement26 1984-07-16 19 LONDON Freights \W\l\ SHIP Sales II CONSORTIA II SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X REGIONAL Weather X26 words
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Advertisement522 1984-07-16 19 FULLY CONTAINERISED SERVICE FAR EAST/EUROPE OH HTAI Cffi 3* IIT.VHiB 9 H ,u ■■p m a/7 w wmmmjmH v huh QB m ho an LN/w/fi/wai/iT ■b CftONN mm. CO (FTC) LTD TO. 2227*1 U. (%T) M 723KC Fermorodete*e relec pege IV MAERSK LINE EXPORT FASTEST SERVICE TO lIS* M.RMBO M.522 words
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Page 20 Advertisements
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Advertisement263 1984-07-16 20 FAR EAST/EUROPE CONTAINER SERVICE JUTLAND* 22/7 18. PERMAI From Eur I 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. LHoera. Basle. UK. 3) Iriiwi. 'Acceptmi Europe carp tor leader n S'pore *Abo dnct carfo lor Sport l Sanfkot fh contact PIRMSC P. Warn tar Mar arraofemoflt 1) Makno StocUnhc. (Ma. Hatartu. 2)263 words
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Advertisement322 1984-07-16 20 Y AMASHITA-SHINNIHON LINE CONTARIER SERVICES USA/CANADA MIDDLE EAST Atoo •ccfrtiog LCL Cargo tor USA Porto only. an mn i/i 1M 12/1 iv» it* M/I »an *m to Mo I Mm BtoW CONVENTIONAL SERVICES I7TO Pan Asia Line, ltd. CONTAINER SERVICE TO/FROM JAR AN S TAIWAN mums as FMMT «3 SLOT322 words
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Page 21 Advertisements
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Advertisement967 1984-07-16 21 The Straits 1 Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok i Overseas Containers Limited CONTAINFRSHIP SERVICF TO UK CONTINf NT 7TMG CARGO FOR: CONTAMERSHP STORE BKOK PtGASUS PRRX ¥335N 1711 M 20 21 M Pf&ASUS rm V33CM 24-25 M 27-26 M BANGKOK AGENTS: BORNEO AGENCIES967 words
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Advertisement404 1984-07-16 21 Franco Belgian Serv/ces be /win >'*;r L<> (Ml WBIH Of ACt CONSOHTIKV 1 gWP TO DUt FUU. COWTMOSW rz »*r xv, ntm. P*** S-M* taPw< 17M 4N 5 7% 9 10 12 OHHTM. QKF n atm 1M 2M SM 21M a« SM 11% 11% 13% 15% 11% 11% MUCONTMB xl404 words
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Page 22 Advertisements
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Advertisement672 1984-07-16 22 u Hapag-Uoyd TO CONTIfONT UH EXPORTS S port f Kelanf Pern leiioes Mao Genu H'bur| Adam B'haven Antwerp ETNA RICKMERS 1/* 2/« 29/0 2/9 Connecting in Tokyo Connecting m Kobe "Also occepting cor go tor ATLANTIC GULF PORTS via mmilondbridge, and US MID-WEST by microbndge" FROM CONTINENT UK IMPORTS Liverpool672 words
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Advertisement293 1984-07-16 22 JtG.S.LINE Komj s. o**n*s FULLY CONTAINERISED SERVICE 91 12 8 15 8 18 8 ».'l 7S 8 3/9 6 9 FRCIM EUROPE Vl# SUEZ J > Meiroff ol the Ace Coroorturr FUILY CONTAINERISED TO FROM NORTH AMERICA WEST COAST PK* Sport* 22/7 23,7 mk CONVENTIONAL SERVICE To/From BUSAN PfNANG MCHON293 words
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Advertisement398 1984-07-16 22 r r EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG rci t ia CAMOTOi SCT nu WG HI ROM MM iHV 1.nU0., U/07 19/07 MOl 11/ M U/M M M 14/00 31/07 01 M 71/00 23/00 25/00 27/00 2904 (.«Gm» MM H/M o? M MM MM 07/09 mso accfptmc ia/fa i398 words
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Advertisement1177 1984-07-16 22 M KIE GWAN SHIPPING (M) SDN. BHD. mK-Sm. No 2M JALAN BERANGAN PORT KELANG SELANGOR. MALAYSIA \V TEL Nos *****2. 3M435. 3*9162 3*0784.3*0122.3*9097 W. MALAYSIA/S PORE TO E. MALAYSIA SERVICES: tHAII BAIK tGAMBCLA tHAII SENANG tA VESSEL KKUu S kan Tamrau L Datu In ft/17 July 18 20 iuly KKMu.1,177 words
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Advertisement260 1984-07-16 22 hixsinose MARITIME PTE LTD m VESSEL. GOOD FINER PORT KfIANG PTNANG ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sintiparc .22/7 2/« Leadmf tar B IMm. B B Abfcas. I. SMOSE MARtTNK PT( (ID Itl *****44 7 t ??013/Ct MAIOSi MMftTM SON BHD 1H 3*7732 3 MALATSM TRAW ITD T«260 words
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Page 23 Advertisements
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Advertisement459 1984-07-16 23 a PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE SINGAPORE LOADING FOR: KOTASALAM 1-511 2S-2S/7 ADEN, HOOEIOAH, JEDOAH, AOABA, PTSUOAN KOTA SEGAR E-513 20-22/7 MOKHA. JEDOAH, MOMBASA, D'SALAAM, MAPUTO KOTA WIS AT A E-51S J-5/B ADEN. HOOEIOAH, JEDOAH, AOABA KOTA MEGAH E-517 10-15/1 HOOEIOAH. JEOOAH, AOABA, PTtUOAN. MOMBASA, I KARACHI/P GULF459 words
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Advertisement265 1984-07-16 23 MALAYSIA SHIPPING CORPN. SDN. BHD. KOTA HARAPAN 5/R4 6/14 29-31/7 A/M P. KELANG LOAMS FOR taft-21/7 KU/KK/LO/TA 24/1 KU/U/SXN 21-21/7 KK/SKN 12-17/1 KK/TA/SXN Agents SINGAPORE Pll P KHANG SEI ft lAN AGfNCY KL SKA lAN AGfNCY PfNANf, I FAN BEF CO TEI *****33 TEL *****6 *****3? 11l ??!889 2?681? 11l265 words
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Advertisement675 1984-07-16 23 BEN LINE CONTAINERS EXPRESS com WO SERVICE TO/FROM EUROPE BMK fromevmow ham b-haven i-damhank ua Hi Eipr*» bM SaM bMbU Sato SMMri SMfaM bh Kt«*a»Bar SMSM tMIM Sate k«n« E iprtu Sate* SjM SM SaAa* Sate straits PREIANGSPOM F« M/ 7 Ml. TR. SM U nn nn mt nm n/7675 words
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Advertisement496 1984-07-16 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S'pore Service Ful Container Vessel Busjd Toko- Rot* Km- Sparc Tjfnok hum stiunf GOWA *10 08 11/7 14/7 16/7 20/7 26/7 27/7 EXPRESS SEMI-CONTAINER SERVICE TOI STORE f KFLANGRDAM TUURY/HDURC/ MfTMW ADAM LONDON BREMEN L JALAIOT BONTAMG VIWB SONBAJ VSNB 17/7 31/7 5/«496 words
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Advertisement490 1984-07-16 23 BOUSTEAD SHIPPING AGENCIES Poon V 73 Pinyo V 74 Hako VI66W Pagan V 75 BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadvtf for Ranfoon S'pore Sailed 19/22 July 20/21 July 2/4 Aug P.Kelong Penong \> BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG CLYDEBANK 18 July490 words
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Page 24 Advertisements
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Advertisement891 1984-07-16 24 K LINE KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND via IPI MICROBRIDGE A MI NIL AND BRIDGE) FEED!*/ MOTHER VESSEL PKLG PENANG STORE T/S PORT LA/LB SEATTLE OAKLAND VAN BC PORTLAND MONTE RUBY Vl9 N. EMERALD VOl 16 Jul 18 Jul 20 lul (KL) 3 Aug891 words
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Advertisement408 1984-07-16 24 Accepting Break bulk and contaiiwriMd cargo** Direct to South Africa JARDVE SHPTMG AGENCCS (Re t *****4/ 00K) 70 SHENTON WAY #04 03 MAMNA HOUSE SIHGATOW 0207 TEL *****11 TELEX NO RS ***** CFS OFFICE IPC ****** TH *****31 and 2220(32 TERMNAL OFFICE IPC #***** Td *****90/*****93 QC-> CHAR CHING MARINE408 words
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Advertisement587 1984-07-16 24 a CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINERREEFER BULK SERVICE to. LOS ANGELES SAN FRANCISCO SIATTU. TACOAU VANCOUVER B C Acccptni Ftt/Fa Cantjncn '.XT SRR. l tC AUSTRALIA EXPRESS CONTAINER SERVICE Accptaif FCI/FCI Cantjmn *Ah« Kccptnf iron PK«tonf tor Auct/VM lyll '<*"1 Spwt Fro M Sy* Akatcaph (ARMDAS hft/17 My 74587 words
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Advertisement590 1984-07-16 24 SANKD ASIA LINEX? FROM JAPANESE POUTS ANO MONGKO*c\V«^-« GOLDEN LINE MAN MAN SNPPBtC (PTE) ITB K 8181 I# aw* <18 IMS) I# t«* L«pv ami. p ami ta| »MBt rtm mhi if* omm uom mnHm tun STRAITS/PERSIAN GULF SERVICE: 3,*, P u*« Pena, UXHN CITT Ufach. Dubai Dwhiik Kuwait 28/22590 words
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Advertisement444 1984-07-16 24 INTRASEA (PTE) LTD lO Anson H >.t<l n2 7 lb I "tern,»tio".i P SmiJ<ipore 020 7 T»*l J 1 1 ill t ncs <► BREAKBULK SERVICE TO EUROPE/UK FORT NELSON 88*4907 MAGIC STM nwm S pmt P Kdanc Lm*« tarSal* hi Port SETE/tOTT/«NT/UI. 1 IS AMI II k* ROTT/ANT/UJI (AVON)444 words
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Page 25 Advertisements
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Advertisement527 1984-07-16 25 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): MAETEMJNCX 2W.. K CHANCE ISW+ K JACEJM 25N TW BUDGE 21W CMEF 40* C PAUL 41N Also accepting cargo to/from Scandinavia K CHANCE S'pore Closing Times: FCL Cargo 1800 21/7 LCI Cargo 0600 21/7 FROM EUROPE (VIA SUEZ) 0 CHEF 391 HK527 words
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Advertisement521 1984-07-16 25 HEUNC-A SHIPPIN Korean Flag Vessels OQHAT SEMI-CONTAINERISED DIRECT SERVICE TO k BANGKOK. KEELUNG. BUSAN. INCHON i Dm, WM I 7/1 Mr Dm ***** NIPIUNI AGfNCttS PU I ID lei }:mil ?/BS4J4 <Boofc«(Sl 7??/bl0 lOpmjtnnsl ????48' ??09?84 iltrmnal) ??0.'450 ??0?S04 iCfSi «a MCHOM 818 AM nSCMMCMEONIT 11/t 15/1 a/i n/t in521 words
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Advertisement617 1984-07-16 25 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SKSOV BULOM6 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SfCSOV SMGAPORE Tetei Numbers RS 213*0 RS ***** RS ***** p KELANC M/S SHARMAT MAM SOON SON. MO. IST ANO 2ND FLOOR NO 1. IALAN CEMPENMG, PORT KLANG. MALAYSIA617 words
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Advertisement63 1984-07-16 25 DURBAN JOHANNESBURG.MAPUTO MAURITIUS A REUNION I gft SHENG TAI LINE REGULAR LINER SERVICE TAIWAN-STRAITS-TAIWAN Vessel MO K£E S POKE P KELANG DORIS I V.12 kM 11/7 LAMN V.12 13/7 11/7 22/7 BRIGHT FORMOSA V X 31/7 9/1 OORB V.14 3/1 5/1 13/S 15/1 EA6LE CORPORATION (PTC) LTD I* *****11 (463 words
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Page 26 Advertisements
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Advertisement547 1984-07-16 26 I?c<|i»nal Container Linvs jrvtm I' 3 Sailm99 Weekly ILillll I Reliable Regular Punctual Berthing PSA 1500 Hrs Tues, Thurs Sat IM VEB DEUTFRACHT/SEEREEDEREI ROSTOCK EXPRESS SEM-COfITAMER SERVICE fm Empt: Sport P Ketang Penang ft'dim Awerp H'buu Rosl tmaamma 3/4 a* v«tat vja* is* is«iiw UMDMMra 3/5 S«p 1/10 Sep 11/13547 words
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Page 27 Advertisements
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Advertisement112 1984-07-16 27 LUCKY SEAWAY SERVICES PTE. LTD. 89 SK>'< Stu t t !0 07 08 Golden Woll Auto Cc ntr, s pore. 07 18 Tel *****55 Tl. 2606; counr French Line LKJORNE REGULAR SEM-CONTMNER 'J. J7J IM SEAUON SHPPMG (S) PTE LTD. MLES/BOONNGS TEL *****11 (I LKS) 33 TO BANGLA-DESH/MMA/SRI LANKA/PAKISTAN DIRECT112 words
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Advertisement564 1984-07-16 27 CONCORD LINES WCi\a»llJ i'.'H »J V i.i'i>M n* en loaomg for c mgcl a/7 zs/7 ma—i A KSXI 23/7 25/7 lb*i> (*u»M M*n) I KSa 25/7 21/7 (Hmb N*. Mb Vftprt It Mmml CONCORD MARINE PTE LTD TEL: *****60 (3 Lm«s) TLX: R*****3 CMSHP T* 533*023 *****30, *****07. Cheng Lie564 words
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Page 28 Advertisements
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Advertisement51 1984-07-16 28 KOREA TONGHAE SHIPPING COMPANY V«*«l ETA SINGAPORE Loodmg for WANG JAE SAN 25/7 MADRAS, CHALNA YON PUNG HO 25/7 D P R. OF KOREA BEGAEBONG 17/7 MALACCA KANGDONG 3/8 FREE FOR CHARTER QtntralAgMM:cupo mm co. ptutd. 20 Pataraon Road, #06-20, S'pora 0023. T«fc *****30 Tatex: R8 ***** Cargo Booking: Taf51 words
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Advertisement43 1984-07-16 28 SERENE STOPPING AGENCIES PTE LTD hmm M #35-M fcitiwltaMl Pltu, S T«fc 22SI3tt (S fem) T*i: B2M4C M.I S IM4 4^W r r' iE3I STRAITS IMMraiTATIOM Ml ITO vmtem m mmi *****1* mnn 1 iiarw *mu. «»7« f HUM wn ytrni kunk tmvt43 words
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Advertisement587 1984-07-16 28 FREIGHT MANAGEMENT ft aaus cm 21/7. IV7. 4/1 CANADA/U.S.A. nn. 27/7. VI NEW ZEALAND 27/?. l/i. 2/1.21/1 FAA EAST 22/7. nn.«/«. 12/1 uji rata SCAIONAHA a HAfttt. ANTNOP ROTTERDAM ■an nnmk mi major ports *JI I MIT COAST t CULF AUCXIMB. MLUNCTON mm ton. mm HONC RONC. BANGKOK T AfflAft587 words
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Advertisement551 1984-07-16 28 Everett Lines I i Hl■ i nlll in i■! 11 imm j DE VAPOREES (CP.V.) "PERUVIAN STATE LINE" lojdK? toi Cjtw Hit*** ho and other Ptrunan poets anth h«iy»e <1 Honfkodf in<j or Hubr On CPV IhroM** Ms ot Ijdtnt la tout 4est«ition Pen*n P. Ntianf Sqipori MAHOLOEVERETT h Pt/19551 words
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Advertisement611 1984-07-16 28 i.3.' ».ißal IM»i if NOH-CONFERENCE carfws to USA East I Rtest Cant. ZIM Panama, CaiMaa aM East Cm* m am* 23 M m montkai 31 m M MOM THAI 7% m KM 91 KM 23% m SAVANNAH 31 m hrva i s«p« M CALVOMA IS Sa* mauam nt*t It* Mrc611 words
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Page 28 Miscellaneous
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Miscellaneous159 1984-07-16 28 Regional Weather m K5 > 0 IS S3 t£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND R Thunderstorm Temperature c A Shower Weather Wind direction with speed in knots Ro,n O Cloudy Sky Wove Surfoce winds ore indicated by arrows which fly with the wind O159 words
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