The Business Times, 25 July 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 WEDNESDAY, JULY tt, 1(84 60 CENTS
    12 words
  • YESTERDAY IN PARLIAMENT
  • 178 1 Reuter CONTINENTAL Illinois National Bank and the US government have broadly agreed on a US$3billion rescue plan tantamount to the nationalisation of the bank. The New York Times said the US government's Federal Deposit Insurance Corporation (FDIC) was planning to make
    Reuter  -  178 words
  • Article, Illustration
    84 1 IN L2NE with the nrtrr •ver■fefct due m Wall Street, ■•it share jriees l tower at the Rfagapre stock market yesterday. The day eaded with the allseetor BT Csmpsrtte ladex Mac 7Jt petals to a sew 17meath law of 173.71. Its pre visas law sf 7H.lt was recorded
    84 words
  • 393 1  -  By FOO CHOY PENG THE PROPOSED merger of the newspaper groups will not cut into the fringe benefits of the production workers, NTUC Secretary-General Ong Teng Cheong assured them last night. "I assure you that whatever you are enjoying now will
    393 words
  • 422 1  -  By LEE HAN SHIH SINGAPORE'S budding research and development activities have been given a boost with the award of more than $2.65 million worth of grants for six projects. The grants, awarded under the government's Research and Development Assistance Scheme, went to
    422 words
  • 108 1 MALAYSIAN police are working on the theory that the bomb that exploded at the first floor of the Malaysian Airline System sales office in Kuching on Monday was triggered off by remote control. Sources said that the police suspect that the crudely-made "bomb" was however
    108 words
  • Page 1 Advertisements
    • 113 1 GABS THE ULTIMATE ACCOUNTING SOFTWARE FOR MICROCOMPUTERS SEE HO* OAN GBOUP S">gMX>rtt«i *****62 4 K I t«l 03 *****0 P«n»ng l#l 04 *****9 ipon lei 05 *****8 writin instruments are now even y f-j* more impressive with emblems of Singa the official Courtesy y Mascot, Merlion and the National Flower;
      113 words
    • 256 1 SHARE INFORMATION 13 RAW MATERIALS 12 MONEY A EXCHANGES 7 AIRCRAFT LETTER TO EDITOR CROSSWORDS FEDERAL Mogul, a USbased manufacturer of engineering components, is setting up a major distribution centre in Singapore to serve the South-east Asian markets. Page 3 A GREAT number of Malaysian products fail to receive special
      256 words
    • 191 1 !(<&+@){/!;%,=~-<;_&]-}'&];@<?= SERIES FT3OOO FT 3050 J The new compact copiers from Ricoh. The series FT 3000 range of compact copiers can meet the needs of any office, large or small. FT 3050 is furthermore capable of producing reduction and enlargement copies, a feature usually found in larger copiers. In all,
      191 words
    • 3 1 BALLY cf SmtzrrlanJ
      3 words

  • HOME NEWS
    • 473 2  -  By CHUANG PECK MING JAPANESE businessmen are famous for investing much time and money in entertainment. In Singapore, they are no exceptions. Almost half the members of a chain of entertainment clubs here are Japanese expatriates. The chain is run by CreAce
      473 words
    • 212 2 NOT MANY people realise that Singapore Is sue sf the few countries In the world that provides romm unity centres ts cater fsr the people's seeds. Tsday, the moltl-mUllen dollar community centres have sophlstlcated facilities aad ran various courses and activities, a far
      212 words
    • 329 2  -  By ANNA TEO MORE COMPLIMENTS than complaints from tourists have been received by the Singapore Tourist Promotion Board (STPB). The number of complaints received fell from 562 in 1982 to 482 in 1983. A decline of 1.8 per cent has been recorded for complaints
      329 words
    • 399 2 P8 YAN has been appointed marketing consultant at Cad-Cam Systems Ltd. Mr Yan is a chartered engineer in naval architecture and production engineer. He received his early training at GEC Singapore Ltd and in Britain. He was head of the business development department of an engineering consultancy
      399 words
    • TRADE TALK
      • 132 2 New York, has introduced its new rapid rental automated car rental system. This rapid rental system features a standalone automated terminal which is supposed to offer faster and more convenient services for customers wishing to rent a vehicle. To activate rapid rental, the customer
        132 words
      • 91 2 has added the microcomputing software applications, Friday! and DBase II from Aston-Tate, to the list of MS-DOS and CP/M--86 industry standard software that is now available for its desktop generation computer. The company has also announced that 18 new vertical applications are now available from Evolution 1, EUcomp
        91 words
      • 85 2 PTE LTD of Tasmania has developed an electronic home monitoring device which checks baby breathing. The electronic breathing supervisor is supposed to help in reducing the instance of sudden infant death syndrome (SIDS), or cot death. It is batteryoperated. A flat sensor pad is placed underneath the mattress
        85 words
      • 67 2 has received a $49.3 million computer order from the US Army. The order covers two Sperry 1100/84 large-scale computer systems, one of which will support the operations of the US Army Personnel Centres in Alexandria and Virginia. The other will be used by the US Army Recruiting Command at
        67 words
      • 54 2 is organising a conference in Brussels on competition and trade problems. Experts from the government and private sectors will address current issues that will be of interest to legal advisers, diplomats and business executives. For more details, contact Seminar Services SA, Chemin Ste-Agnes 8, 1700 Fribourg, Switzerland.
        54 words
    • 451 3 Seminars and courses DURATION TITLE VENUE ORGANISER JiJv ?S D i i _i J\J\y personnel Monagement For Your Own RELC International House Singapore Business And Professional Business Women's Association July 25-Oct 27 Public Relations Thong Teck Singapore Management Building Institute Of Management July 26 M&E Building RELC Institute Of
      451 words
    • 422 3  -  Local operation to distribute US engineering components By GRACE YU FEDERAL Mogul, a US-based manufacturer of engineering components, is setting up a major distribution centre in Singapore to serve the Southeast Asian markets. It also has long-term plans to use Singapore as
      422 words
    • 255 3  -  By LISA LEE THE HOUSING aid Development Beard has awarded a total ef $8.1 mllltea worth ef bolldlng aad repair cm tracts. The biggest eoatraet, worth $2-8 minion, weat to Cemeatmlx Pto Ltd for saaitary aad water iastallattoa la mere thaa 1,5 M
      255 words
    • 81 3 SEVEN officers from the Establishment Office of the Prime Minister's Department of Brunei are coming to Singapore next week. The delegation, led by Awang Md Hassan Haji Md Yusof, deputy director of establishment, will be in the Republic for an official five-day visit from
      81 words
    • 187 3 SEVERAL HUNDRED data base experts and users from around the world will gather in Singapore next month for the 10th International Conference on Very Large Data Bases (VLDB). The conference, from Aug 27-31, aims to promote the exchange of experiences in the
      187 words
    • 445 3  -  By LIM SOON NEO SINGAPORE suffered a trade deficit of almost Asl3o million with Australia in the year ending June 1983. This is a reversal of the $137.5 million surplus recorded by the Republic in the 1961-82 year. Figures from Australia's Bilateral Trade,
      445 words
  • Page 2 Advertisements
    • 128 2 INSPIRED. B ALMA IX V v VV v* i\V \v' .\V"* S V K V-W A-vV v\> X v>>NN V\\v> ft s» WW k\v S8 V .\\V\ \V" \V I "yA* 1 V X V X-V.V A' CnV s^a 485 vVV ff 1 \vNSJ so X XvV, 9j pierre balmain
      128 words

  • Page 3 Advertisements
    • 81 3 Executive privileges From the Serie Big Saddle Leather Collection comes this distinguished boardroom suite with its very own private bar. Swivel chairs in the finest leather, complete with a handsome table that extends to sit a whole conference comfortably. ixatheb I The Serie Big Saddle Leather I m il Collection.
      81 words
    • 213 3 Consider an office address of rare distinction: w: J 4T T .Am Wf The one and only Octagon. Along with a tenant list that reads like a Who's Who, the Octagon boasts a list of uniquely distinctive advantages: Prominently situated at the junction of Cecil and Boon Tat Streets, the
      213 words

  • OVERSEAS
    • 446 4 Reuter THE HUGE US trade deficit will not narrow quickly and American business should expect to face fierce competition, particularly from newly industrialised countries, the government said yesterday. A Commerce Department report said the US was witnessing a deterioration in its trade surplus in
      Reuter  -  446 words
    • 582 4 NYT THE US Secretary of Defence Caspar Weinberger asserted on Monday that the House Appropriations Subcommittee on Defence was endangering US national security and playing politics by publishing a report on inadequacies in military readiness. The report, made public last week, contended that military readiness had
      NYT  -  582 words
    • 333 4 UPI US FEDERAL action turning over a workhorse satellite launcher to private industry has touched off a space trade war that has an American company crying foul. As a result, US Trade Representative William Brock has begun an investigation into the pricing
      UPI  -  333 words
    • 304 4 Reuter SRI LANKAN President Junius Jayewardene has proposed the creation of a second legislative chamber in an attempt to solve the island's ethnic problem. The proposal was made on Monday night at a conference of political parties, ethnic groups and religious organisations
      Reuter  -  304 words
    • 327 4 UPI POLISH authorities announced yesterday that they have freed 82 prisoners on the first day of a promised amnesty for 652 political prisoners and thousands of common criminals. There were no indications that any prominent members of the outlawed Solidarity union
      UPI; UPI picture  -  327 words
    • 441 4 NYT WEST GERMANY plans to intensify its political and economic ties with Iran and is urging other Western countries to do the same. This was made clear on Monday by the Foreign Minister, Mr Hans Dietrich Genscher, following his return from a
      NYT  -  441 words
    • 234 4 AP THE average inflation rate in the 10 European Economic Community nations was 3.7 per cent in the first half of 1964, down from 4J3 per cent for the same 1983 period, the EEC statistical agency Eurostat said on Monday. It said inflation fell
      AP  -  234 words
    • 93 4 UPI THE US Defence Department reportedly is investigating the proposed acquisition of New Hampshire Ball Bearing Inc by a Tokyo company because of national security concerns. The New Hampshire Sunday News said the Pentagon is looking into the proposed US$llO million sale of the New
      UPI  -  93 words
    • WORLD IN BRIEF
      • 37 4 THE US Defence Department said on Monday that it plans to sell South Korea 12 radar systems designed to locate enemy mortars. The US3SB million sale would include spare parts, related equipment and support.
        37 words
      • 62 4 CHINA said that Vietnam has deployed 10,000 more troops and large quantities of war material in Cambodia to compensate for losses from guerilla attacks. "The Vietnamese action was due to their heavy casualties in the dry season in Cambodia, and it also shows that the Vietnamese partial
        62 words
      • 42 4 Agencies WEST GERMAN authorities have launched a nationwide investigation of oil companies suspected of selling fuel that produces dioxin as a by-prod-uct. West Berlin authorities last week investigated five city oil companies suspected of fraud and breaking environmental laws. Agencies
        Agencies  -  42 words
      • 34 4 A US Federal magistrate set bond at US$l.5 million for a stockbroker accused of masterminding the kidnapping of millionairess Edith Rosenkranz to collect a $1 million ransom and save his failing business.
        34 words
      • 45 4 THE Indian government declared the northern state of Punjab a "terrorist affected area" after opposition politicians walked out of parliament on Monday. In Tripura, police fought a pitched battle with separatist guerillas, the Press Trust of India (PTT) said. No casualty was reported.
        45 words
      • 47 4 THE US Defence Department told Congress that it plans to train 150 pilots for Kuwait's air force to strengthen Kuwait's air defences. The new action follows US agreement last month to improve Kuwait's Hawk anti-air-craft missiles so it can fend off any attacks by Iran.
        47 words
    • 147 5 AFP THAILAND and Laos have suspended negotiations until next month over three disputed frontier hamlets, the site of recent armed clashes. Thai Foreign Minister Sithi Sawetasila yesterday accused the communist government in Laos of being "insincere and unready" to iron out the problem. "The talks
      AFP  -  147 words
    • 282 5 Reuter A NEW BUDGET dispute has isolated Britain in the European Economic Community, less than a month after the Fontainebleau summit apparently settled London's long-standing row with its nine partners. EEC foreign ministers were due to resume their search yesterday for a
      Reuter  -  282 words
    • 242 5 UPI NEW ZEALAND Prime Minister-elect David Lange yesterday named a 20member Cabinet (or his incoming Labour Party government, taking the' crucial foreign affairs post tar himself and appointing close ally as defence minister. Mr Lange said in a statement that Frank OTlynn, 65,
      UPI  -  242 words
    • 734 5 ARRIVALS Operator it* Sarvica number Local tima From PAA MAS KAL CAL MAS MAS MAS RBA SIA -CPA GIA SIA SIA SAS PA5 MH68I KE624 CIOIO MH60I MH671 MH811 BM21 SQ103 CX7I0 GA960 SO 105 SO 201 SK971 0020 0820 0840 0825 0905 0935 0940 1000 1005
      734 words
    • 135 5 AFP MALAYSIA'S exports for the first four months of this year increased by 24.4 per cent to MJ11.28 billion compared with the same period last year, Deputy Finance Minister Datuk Sabaruddin Chik told parliament on Monday. The minister attributed the growth in exports to
      AFP  -  135 words
    • 474 5 Bernama A GREAT NUMBER of Malaysian products fail to receive special treatment under the US Generalised System of Preferences because they were unable to attain the 35 per cent valueadded requirement, according to a statement from the US Embassy in Kuala Lumpur. Under
      Bernama  -  474 words
  • Page 4 Advertisements
    • 209 4 m 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 access to twelve external lines. MBfc j This means there is greater control v ~f incoming and
      209 words


  • BANKING AND FINANCE
    • 1135 6 NYT THE SECOND quarter was a poor one for leading bank holding companies in the US, mainly reflecting reduced earnings on their loans to Argentina and poor results from their foreignexchange and bond-trading activities. Indeed, the atmosphere in the banking world was particularly
      NYT  -  1,135 words
    • 163 6 Reuter THE WEST German stock market can see technical reaction in the short term, but a lasting improvement is not in sight. Westdeutsche Landesbank Girozentrale (West LB), in its monthly economic report released yesterday, said that investors had been made nervous by uncertainty
      Reuter  -  163 words
    • 407 6  -  By AMY BALAN THE US dollar is expected to firm up for the rest of the year but will experience significant depreciation next year. The forecast was made by London-based stockbroking firm Phillips Drew in its August commentary on currency trends. The Japanese
      407 words
    • 222 6 Reuter BRITISH BUILDING societies will be allowed to expand their activities outside the traditional home mortgage market under proposals published by the Treasury. The societies, the major providers of home finance in Britain, will be able to make unsecured personal loans, own land and
      Reuter  -  222 words
    • 212 6 Reuter US COMMERCE Secretary Malcolm Baldrige says the Federal Reserve Board has set realistic money growth targets and ought to stick with them. When asked at a press conference on Monday as to how the Fed should respond to brisk economic activity,
      Reuter  -  212 words
    • 409 6 Reuter MEXICO'S international reserves have grown by US$2.Ol billion over the year and now stand at $6.94 billion, says central bank president Miguel Mancera. He was including the reserves growth among arguments presented on Monday to a bankers' conference
      Reuter  -  409 words
    • 114 6 Reuter LLOYDS Bank PLC may offer discount broking services to customers through an association with stockbrokers once stock exchange rules permit, says a bank official. He said: "The possibility of discount broking is not part of any concrete plan or timetable at present but we are
      Reuter  -  114 words
    • 389 6 Reuter FRENCH state-controlled firms could re-enter the US domestic credit market by early September after a two-year absence, following recent talks between the Treasury and leading US investment banks, financial sources said. The way should be led by Credit National, which
      Reuter  -  389 words
    • 730 7 SINGAPORE: The US dollar recovered against most major currencies in fairly active late trading to close higher than New York's levels yesterday. The dollar firmed in late afternoon trading on European buying after weakening in the morning on profittaking. The dollar closed firmer at 2.8795/ 8806 marks compared
      730 words
    • 222 7 Interbank rates at 3pm Local doNort to out unit of foreign terdey < sfooo parity change currency US dolor 2 1545 2.1555 2 8196 -23 59 Sterling pound ***** 2 8517 ***** -61 23 Australian dollar 1 7775 ***** ***** 48 11 NZ dolor 1 0676 1 0702
      222 words
    • Article, Illustration
      344 7 Asian market Short-dated Asian dollar deposit rates weakened slightly in thin late trading yesterday from firmer opening levels but still finished higher compared with Monday night. Short-dates slipped 1/16 point in the afternoon on offering interest to close at a common 11-3/8 11-1/4 for overnight and Wednesday/ Thursday, still 1/16
      344 words
    • 122 7 THE OVERNIGHT rate rose by M -point to close at 7H per cent on the Singapore interbank money market yesterday. Term rate for the onemonth maturity eased by 1/16-point, while the two and three-month periods were unchanged from Monday's closing. S$ interbank rates at 3pm yesterday Offer lid
      122 words
    • 312 7 SINGAPORE Futures fluctuated within a US$3-range on buying interest alternating with profit-taking before closing firmer compared with New York's levels. Trading was fairly active with activity centred on December contract which recorded a turnover of 810 lots. December closed higher at $£4.10 an ounce against New York's $351.30/351.80 close.
      312 words
    • 205 7 AFP FOREIGN BANKS in Taiwan may not send customer busing— information to their own headquarters, concerned government agencies or individuals outside Taiwan without proper permission. Such permission may be obtained from their customers or related government authorities in Taiwan, according to a
      AFP  -  205 words
  • Page 6 Advertisements
    • 126 6 Where else in Singapore can you dine luxuriously and watch the planes go by At the Changi International Airport, in the East Wing, lies a restaurant extraordinaire The Five Continents. Where you can wine and dine on superb Continental cuisine in an elegant surround watching the twinkling lights of planes
      126 words
    • 112 6 DISCOVER THE POWER IN YOUR CORPORATE BODY Discoveries have shown that corporate fitness means higher productivity less absenteeism, reduced medical cost and staff turnover Our "5 Star" Corporate Physical Fitness Membership Scheme gives you: 1. Free membership for 1 executive A with every 10 members 2. Comprehensive physical checks by
      112 words

  • Page 7 Advertisements
    • 557 7 The NCR advantage in the business rat race: The Tower 1632 A small powerful computer (with a small price) that helps you make BIGGER plans. Because no business remains small forever, NCR created the Tower 1632. A software and interfaces throughout. The slimline cabinet just 7 inches wide, by 29
      557 words

  • FEATURES
    • 542 8 THE current world focus on the elderly has both economic and political roots and the People's Action Party is not unique in calculating the changing politics and economics brought about by a greying population. In the next 50 years, 19 per cent of Singapore's population will be
      542 words
    • 972 8  -  GLENN COLLINS reports on the 'all-day kindergarten' controversy in America GLENN COLLINS NYT KINDERGARTEN: the very word conjures up childhood memories of blunt scissors and construction paper, of half-day sessions led by genial mother-surrogates who eased the imminent passage of five-year-olds through the halls of learning. But
      NYT  -  972 words
    • 214 8  -  letters to the Editor BERNICE TANG (Mrs) Dtreeter The CaistnrtM Enterprise Pie Ltd YOUR editorial (BT July 18) referred to a lady who opened a shop "for creative cooks" selling unusual French teas without having tasted them because she felt that "the old fashioned
      214 words
    • 113 8  -  MICHAEL LOKE Ctalrmaa, Steertag Committee Slagapere Festival «f Arts IM4 THE sth Singapore Festival of Arts attained an unprecedented record of over 94 per cent average attendance at all shows. This would not have been possible had it not been for the unstinting efforts
      113 words
    • 550 9  -  lTj CAROLINE DALE Reuter A NEW ROUTE for Japan's famous bullet trains has been blocked for two years by one 53-year-old bachelor who refuses to budge from a rented home standing where builders want to lay their track. Because of Yoshinori Fukuda, who lives
      Reuter  -  550 words
    • 802 9  -  By PAMELA HOLLIE NYT MANY consumers will benefit from lower-priced prescriptions in the next few years as the pharmaceutical industry undergoes a fundamental change. Some of the industry's most profitable drugs will lose their patent protection, opening the way to competition from cheaper
      NYT  -  802 words
    • 1561 9  -  Australian Foreign Minister Bill Hayden's recent hasty trip to Indonesia after an Australian Labour Party Conference resolution on East Timor once again highlighted the tensions that have existed between the two neighbours since the Indonesian invasion of East Timor in 1975. Our writer
      1,561 words
  • Page 8 Advertisements
    • 173 8 mo mall or large meeting, you get abig welcome. SB The Palm Beach Hotel in Penang offers a warm welcome whether you have a meeting for 10 people or 200. We have a special wine for conferences and vour special wing for conferences and your seminar or meeting for up
      173 words
  • Page 8 Miscellaneous
    • 1370 8 to cm otaon® HIGHLIGHTS SPORTS SPECIAL BADMINTON: ASIA VS EUROPE 10.15 pm Channel 5 The highlights of the second night's play. (Last episode). B.oopm, Channel 12 HAND AND EYE TIES THAT BIND: Fibres Includes a stunning display of clothes by Tokyo designer, Issey Miyake. Miyake has been called "the designer
      1,370 words

  • Page 9 Advertisements
    • 144 9 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 27th January, 1986 of: THE SUMITOMO BANK, LIMITED 6 Shenton 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
      144 words
  • Page 9 Miscellaneous
    • 23 9 n*si 'ming BUT csosseD unies P*U_DP\V Tv-WS RO-TT He S>oes U)Orr€,WS voces p>s ufe.g sou 3 AV v J U)WPcve.veß u>«Uthg>/ TH\NK OF
      23 words
    • 630 9 CRYPTIC PUZZLE ACROSS 1 So, in one short month, he did legendary deeds (5) 6 Like the breeze when it's a bit calm in the bay (5) 9 The one to blame when Alf possibly turns ugly (4, 3) 10 Hard work's a grand life-saver! (5) 11 Anne's back for
      630 words

  • INTERNATIONAL STOCKS
    • 320 10 Reuter TATE and Lyle PLC's bid for Brooke Bond PLC announced on Monday was received with a distinct lack of enthusiasm on the London stock market, financial analysts said. Analyst David Lang with brokers Henderson Crosthwaite and Co described the bid as
      Reuter  -  320 words
    • 158 10 Reuter GOODYEAR Tire and Rubber Co says it expects continued strong demand for its products "barring any adverse developments with interest rates" or in contract talks between car makers and the United Autoworkers Union. Goodyear had reported higher net income from a year
      Reuter  -  158 words
    • 318 10 WALL STREET suffered a broad loss on Monday that took prices towards their lowest levels this year on a report the economy is growing at a heated pace. Some blue chips recovered a bit. A rally in the bond market during the afternoon
      318 words
    • 120 10 JULY 23 Abtbbt CJ 27 Imp CM Inco 33* II* AJcon 32* Int Pro* Pipe 28* Int IM 22* unch Intl Nickel Bonk Novo Scotia 10* Kerr Add LoWow B 15* 14* inch 23 Massey Ferg 3 29* Mc Bk>de* 23* MoKon A 16* Can Prm Mg Moore Cp
      120 words
    • 191 10 JULY 23 Rand INDUSTRIALS Trust 8k Un Ste«4 Utvmc Woo*worth 240 110 510 1525 -2 unch -5 -5 A Alpha 820 167 2 MININGS A£ And O 835 2035 -80 400 -5 AMK^T.... ***** 625 -65 1180 -15 Buffah 6175 -1?S 1875 455 -30 CNA 260S 930 -10 450
      191 words
    • 692 10 JULY 23 US$ ACF Industries Alcon Alurrwi Alcoa Alaghany Lud AM Cham Cp Abed Storm Ah-Chotntn Am Brorxte Inc Am Broodcost Am Can Co Am Cyanomid Am Eltc Pwr Am Enprns Am Homt Prod Am Motor* Cp Am NaWd Got Am T«l Tal A ma* Inc Amerada H««
      692 words
    • 896 10 Amsterdam JULY 23 n. ABN 289 00 -4 5 107 00-3 6 Ahold 170 00 -5 Akzo 76 80 -3 3 AMfV 144 00 7 Amtui Amrotonk 51 60 -2 1 Berk 28 70 unch Boh 84 00 -1 7 Borvjm* 232 50 1 5 Bosk a 28
      896 words
    • 47 10 Reuter AUSTRALIA'S Queensland Railways has ordered 70 electric-powered locomotives at a total cost of 800 million crowns from a consortium headed by Asea, a Swedish company. Queensland Railways awarded the contract to Asea and two Australian companies, Clyde Industries and Walkers. Reu-
      Reuter  -  47 words
  • Page 10 Advertisements
    • 537 10 M IS tt p T NHM -mt mri m Is :•->. C. 1 J I HUANG PALACE texjF X m Hong Kong Tim Sum served from 11 am to 230 pm (We also cater for weddings, anniversaries, birthdays and Chinese dinner functions.) For Rrsnvnlions plmsr (all 2WH22 F.xl I*l7 or
      537 words
    • 164 10 London stocks, Pago 15 I 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 9
      164 words

  • ASIAN STOCKS
    • 394 11 HONGKONG: Share prices closed yesterday about steady on local short-covering which emerged as the US dollar eased in the afternoon. Losses sustained on Monday were extended in a weak opening following declines in London and New York and brokers said UK institutions were sellers most of the day. Among
      394 words
    • 240 11 JULY 24 MT Chem Indus 22 20 +0.1 Lien Hwo Indus 1290 0 15 AM Srtcere Indus 8 40 02 unch 0.1 15 +0.2 unch Nan Yo Plas 31 60 27 80 02 unch Asio Ccntnt Cottvjy Cons Chang Hwo Bank 30 10 60S0 Pacific Elect Wire Pookmg Paper
      240 words
    • 373 11 TOKYO: Share prices closed higher yesterday for the first time in six sessions as late bargain hunting more than offset a sharp early fall. The market average rose 35.61 to close at 9,738.96 after falling 222.80 on Monday. It was down 118.13 at one point shortly after the opening.
      373 words
    • 70 11 July 24 Bank Seoul Won 680 Hyundai Motor KAL 681 470 25 -4 Chotieung Bk Commencol Bk 650 670 -2 unch +24 +5 Korea Oil Korea SKp 1430 427 825 685 1 1 -15 -*> Daewoo Corp 503 641 Lucky Ltd 735 950 10 Gold Star 770 ■10 1180
      70 words
    • 413 11 SYDNEY: Local share markets were surprisingly resilient yesterday in the face of heavy falls on overseas exchanges and continued weakness in the gold price. However, the All Ordinaries Index closed 3.5 points lower at 671.5. Turnover was worth $45.87 million. BHP recovered from an early twocent fall to close
      413 words
    • 102 11 JULY 24 MM* S«om City Cement 386 6 Aokhom Thoi S«rri C/K*t 63 2 Ayuthoyo fcw Soutti Aim Ffcrc 48 unch And Tout 124 unch Thai Commercial 0ook 230 516 -2 Bonk CM Ayudhoyo Thoi Donu Bonk Ltd 134 inch Thoi Former* Bonk 236 2 Bato Shoe 70 -15
      102 words
    • 102 11 MANILA: Share prices closed higher yesterday but trading remained dull because of the Philippine economic situation. The Commercial and Industrial Index was up 0.28 at 125.26 and the Mining marker rose 5.88 to 950.25. Oils were up 0.012 at 0.778. PLDT firmed up to 37.50 from 37 but San
      102 words
    • 63 11 Reuter DAI Nippon Printing Co says it will report a record 49 billion yen parent profit for the year ended May 31, more than the earlier estimate of 48.40 billion yen. A company spokesman says sales are expected to total 617 billion yen, against an
      Reuter  -  63 words
    • 306 11 FT RICCAR, the Japanese sewing machine manufacturer, has sought court protection from its creditors in Japan's fourth-largest corporate failure. Riccar is estimated to owe 105 billion yen to creditors including Mitsui Bank and the Long-term Credit Bank of Japan. Riccar shares were suspended at
      FT  -  306 words
    • Corporate round-up
      • 64 11 NEC Corp, a major Japanese electronic machinery maker, says it has developed what it claimed to be the world's fastest speed electro-optic integrated circuit. NEC officials say this electro-optic integrated circuit (EOIC) can transmit information at a speed five times faster than conventional types. The ultrahigh-speed
        64 words
      • 84 11 FORD Motor says it has formed a joint venture with the Allied Group Business Conglomerate of Pakistan to expand production and sale of Ford farm tractors in Pakistan. Ford says it has a 20 per cent equity interest in the new company, Allied Tractors, which plans to
        84 words
      • 115 11 Agencies YAMAZAKI Machinery Works, a leading Japanese maker of numerically controlled (NC) machine tools, said it planned to start production of the tools in Worcester, Britain, around March 1966. A Yamazaki plant to be built in Britain at a cost of 8.5 billion yen
        Agencies  -  115 words
  • Page 11 Advertisements
    • 76 11 to wi<i diM« and mtintiaitt I AJM sul Highlighting some of latest and most creat summer collections I the fashion scene. Every Friday night from J to August 31,1964. 7.30pm Lavish barbecue dinner with a selection of Japanese specialities 9.00pm Fashion Show Poolskle, sth Floor Royal Holiday Inn Slngaptt $25.00
      76 words
    • 99 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. iillHjjHi Century Park Sheraton Singapore Where style surrounds you. Nassjm Hi, Singapore 1025. Tel: *****77 Tele* CPHSIN PS *****
      99 words
    • 143 11 Paramount Hotef Whtftth* happy people go L C "s li l> i* w A special garden atmosphere wftere time never runs out. Here, master chefs prepare delicious and lingering tastes from gourmet style to simple meals. SPECIAL FEATURES: Daily Buffet Breakfast $11.50 DaNy Sat Lunch $12 Chaf Recommends tastes of
      143 words
    • 139 11 THfll fOO©s twDiaßrrr fesnwL, 23-29 July 1964 maim I^i Once again Hilton's Orchard Cafe creates culinary excitement with a difference Dine on authentic Thai favourites, prepared by chefs from Hilton International Bangkok As an added attraction, a Chiang Mai umbrella painter will be in residence, demonstrating this popular Thai handicraft
      139 words
    • 166 11 HAPPY RESTAURANT can now offer Modestly-priced superb Cantonese dishes. Impeccable service. Nightly entertainment with no cover or corkage charges. Ample parking facilities. I Dinner- For reservations, call 744-2717 or 744-2SBC HAPPY RESTAURANT Lion City Hotel, 2nd Storey, 15 Tanjong Katong Road, Singapore 1543 r iff «l 'goffee GARDEN, 11 we
      166 words

  • RAW MATERIALS
    • 169 12 SINGAPORE: The market closed higher yesterday with August One RSS buyers quoted at 187.50 cents per kg, up 2.75 cents from Monday. MALAYSIA: The market closed higher yesterday, with August One RSS buyers quoted at 210.50 cents per kg. The Inro daily market indicator price for July 23 was
      169 words
    • 66 12 A cm tinning shortage of demand yesterday saw the Straits tin price in Penang stay at the ITA floor level d M 521.15 per kite. The buffer stack manager remained the main hnyer, absorbing the balk d the 123 tannes on offer, dawn (ram 137 on Monday. XIU
      66 words
    • 81 12 MALAYSIAN crude palm oil prices yesterday rose slightly on late covering and speculative buying prompted by Pakistan's RBD palm oil tender. In the refined market, RBD olein in September rose US$5 to $545 per tonne. LONDON USVtOMM dating pnc« on Mr 23 Sumatra 59b Aiy 620.00 unch Aug
      81 words
    • 148 12 Chinese Produce Exchange (Sellers' noon dosing prices on July 24. S$/100 kg) Coconut oil Bu* FOB 210 00 Old drum FOB 223 00 New drum FOB 227 00 Copra Mixed (loose) 1 12.00 buyers Pepper Muntok white FOB NLW 592 50 Sarawak white FOB faq NLW 585 00
      148 words
    • 85 12 CBT WHEAT futures recovered to close mixed on Monday, ranging from up V« cent per bushel in September to down 2>/t cents in new crop July. September was held to a narrow four cent range on the day in light trade. Corn futures recovered slightly from mid-session lows to
      85 words
    • 88 12 CBT SOYBEAN futures rallied to close mixed on Monday, ranging from down nine cents per bushel in August to up 5Vi in new crop. August posted a 21 cent range. Soyproduct futures recovered from early lows to close mixed in moderately light trade. A very strong US dollar which
      88 words
    • 149 12 Yarn (In HK$ per bale of 400 lb) China carded yarn, cones Blue Pho«n«x )6's 3,450 Blue Phoenix 20'$ 3,550 Blue Phoenix 32's 3,900 Blue Phoenix 40's 4,350 Corded yarn, hank Blue Phoenix 21'$ 3,600 Combed yarn, cones Blue Phoenix 32'$ 5,500 Blue Phoenix 40'$ 5,600 Open-end yarn Bkie
      149 words
    • 322 12 RAS prices (in S cents/kito, FOB an boles) NOON CLOSE Buyers ScMtrs Buyers f -u Int 1 RSS prompt 184 00 185 00N 185 00 I86 00N Int 1 RSS Aug 186 50 187 00 187 50 188 00 Int 1 RSS Sep 193 25 193 75
      322 words
    • 99 12 (in cants/1 ttx i potWts) August Sept •mbt (currant mth) (forward mt+i) RAS NOON NOON Buytri C —II Btiy«rs Stflori SSR20 183.50 185.50N 184.50 I86.50N SSR 50 181.50 183 SON 182 50 184 SON MRELB Buyers C -»l JVIIVrs 1,^,1 f wwri SMRCV 234.00 236.00N 236.00 238
      99 words
    • 243 12 Singapore (S$/kiio, •x-^odown) Thai white 100% 1st doss (kangaroo) 1.05 new crop 100% 2nd class 077 100% 3rd class 075 25% new crop No stock B-10% No stock Thai broken A-super 0.62 Special 055 Thai rice 55% No stock China rice 10% 0.92 15% No stock 25% No stock
      243 words
    • 668 12 COFFEE Robusta futures yesterday ended a quiet morning unchanged to £14 a tonne up from Monday night, with September last trading £12 higher at £2,246. Physical markets were subdued. Terminal turnover was 976 lots, including one option and 39 crosses. SUGAR Number six raw sugar futures yesterday traded
      668 words
  • Page 12 Advertisements
    • 1304 12 J. P. Morgan Co. Incorporated Parent company of Morgan Guaranty Trust Company of New York Consolidated statement of income 1983 i In miliums Interest income from: except per share data Loans 3 310.0 Deposits with l)anks 929.5 Federal funds sold and securities purchased under agreements to resell 107.1 Investment securities
      1,304 words

  • SHARE INFORMATION
    • 4114 13 THE SINGAPORE stock market continued to drift further downwards yesterday. Most share prices eased although volume was higher. The market was swamped with 120 losers against 22 gainers. At the final bell, the BT Composite Index lost 7.36 points to a new
      4,114 words
    • 252 13 SINGAPORE Rises Indices 20 13 12 11 8 5 +4 My 23 Ja* 24 MOTvor iport 460 JUkod Choc 260 Sooca Giou 50< 187 N T 206 Sin Lin 269 H Lmm Credit 550 Pet-B CULS 428 rr Cit>Hin 781 13 773.77 rr i«<ictni IT Ot/OS ST
      252 words
    • 498 13 THE Kuala Lumpur stock market drifted through another round of lacklustre trading yesterday with share prices retreating further across the board. Trading was again selective, with a few counters, especially Multi-Purpose and Pan-El again dominating activity. Overall, turnover rose to 6.15 million shares valued
      498 words
    • 3108 13 BID and offer prices officially luted and business In and reported to the Stock Exchange of Singapore yesterday with the number of «hares traded shown In brackets In lota of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,108 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 587 14  -  iU By RAMESH CHANDIRAMANI VETERAN technical analyst and stockbroker, MIC Bain of Lyall Evatt (Pte) feels the local stock market has entered into a technical support area and should be able to dig in its heels for the time being. In the latest issue of the
      587 words
    • 87 14 Reuter SECURITY Pacific Corp (SPC) has agreed in principle to raise its stake in British broker Hoare Govett Ltd to between 80 and 90 per cent and to provide major support for its activities. Security Pacific holds 29.9 per cent of Hoare Govett, the
      Reuter  -  87 words
    • 93 14 HONGKONG Australian Industrials Hong Seng Index Tuesday 960.1 Monday 965.5 Tuesday 754.75 Week ago 960.8 Monday 747.02 NEW YORK Dow Jones Week ago 793.69 TOKYO Monday 1096.62 Friday 1101.37 Tokyo Dow Jones Week ago 1116.83 Tuesday 9738.96 Standard and Poors Monday 9703.35 Week ago *****.02 Monday 148.95 Friday
      93 words
    • 111 14 Second B'putro Third B'putro Fourth B'putro Fifth B'putro Sixth Bpuff a Seventh B'putro (A) Seventh B'putro (B) Eighth B'putro (B) Ninth B'putro Tenth B putro Eleventh B'putro Womof Invest Fund 506 4 17 467 3.19 302 2 12 389 403 332 I 79 1.10 287 5 11 422
      111 words
    • 183 14 PAN-EL, which has a very different picture from most other shares in the market, should be viewed in perspective with its past 10-year charted history. In a special review of the counter for BT, MIC Bain of Lyall Evatt (Pte) says Pan-El has achieved its nominated chart
      183 words
    • 2309 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajinomoto xd A lei HkJa cd Akom a OSS)
      2,309 words
    • 215 14 FRASER Neave Limited: 85th AGM on July 27 at 10am at 475 River Valley Road (1024). KHONG Gaaa Fleer Milllag Limited: EGM on July 27 at 11am in Registered Office, 120 Tanjong Rhu Road (1543). MOUNT Pleasare Heidlaga Berkad: 23rd AGM on July 27 at 10am in Registered
      215 words
    • 195 14 CHOCOLATE Products (M) Bhd (CPM), controlled by Penang property tycoon Datuk Lim Kheng Kim, has secured 5.1 million shares, or a controlling 51.16 per cent stake, in locally-listed Allied Chocolate Industries Ltd. This follows the close of a takeover offer by CPM's whollyowned subsidiary,
      195 words
    • 498 15  -  ANNUAL REPORT AWARD By CHAN MAY PENG THE ANNUAL Report Award Committee will continue in its role to "inform, persuade and encourage" companies to disclose more detailed information voluntarily. At the launching of the 11th ARA competition yesterday, Mr Richard Eu, chairman
      498 words
    • 90 15 CI HOLDINGS Bhd has received applications for a total of 14.81 million shares of $1 each at a price of $1.50 a share at the close of its rights issue. The level of acceptance represents 98.74 per cent of the rights issue of 15
      90 words
    • 226 15 VENEER Products Ltd's proposed one-for-one rights issue to raise $23 million has been approved by the Stock Exchange of Singapore. This is the third cash call this year to be approved by the SES, the first two being Keppel Shipyard's one-for-two rights at
      226 words
    • 507 15  -  By CHAN OI CHEE UNITED Industrial Corporation, which has been aggressively seeking out profitable ventures, yesterday unveiled a doubling of profits for the first half of the year. The property and detergents group, one of the earliest to make an interim announcement, scored a
      507 words
    • 775 15 THE market closed firmer yesterday on balance after a quiet session and at 3pm, the FT 30 Share Index was up 5.7 points to 761.0 while the FTSE 100 Share Index rose 0.8 point at 987.7. Equities opened firmer in reaction to Monday's sharp decline, but moved selectively
      775 words
    • 217 15 PROPERTY DEVELOPMENT company IGB Corp Bhd is bringing America's ice cream restaurant, Swensen's, into Malaysia. IGB Corp, which bought the franchise from USbased Swensen's Ice Cream Company last year, is set to open two ice cream parlours in Kuala Lumpur in October. This is
      217 words
    • 35 15 INDUSTRIAL Oxygen Incorporated Bhd has taken up 1.5 million shares of |1 each in Perumahan Abadi Sdn Bhd. This represents 25 per cent of the issued capital of Perumahan Abadi.
      35 words
    • 734 15 Miaa sioeo*. By HOCK LOCK SIEW THE SUDDEN imposition of a 50-per cent tariff on cement imports into West Malaysia earlier this month has stirred up a heated debate in the building industry. Critics of the protectionistic move cannot understand the need for such
      By HOCK LOCK SIEW  -  734 words
  • Page 14 Advertisements
    • 300 14 MING COURT HOTEL LIMITED (Incorporated m the Republic of Singapore) The Directors of Ming Court Hotel Limited ("the Company") are pleased to make the following announcement:I. UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 JUNE, 1984. Percentage Half Year to Half Year to Increase/ 30 June 1984 30 June 1983
      300 words
    • 69 14 THE MITSUI BANK, LTD. Singapore Branch U5530,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE JULY 25,1985 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from July 25,1984 to January 25,1985 the Certificates will carry an Interest Rate
      69 words

  • Page 15 Advertisements
    • 63 15 ttifefliizttiiiiiKaifli.? THE BERKELY Experience the atmosphere of an English PUB at low prices!' Oir let laaches are at $539 and ••r large drafts are at $4JI (Happy Haws 3pm to 7pm) We serve PUB FOOD like BANGERS BACON A MASH plus a wide range of WESTERN and LOCAL DISHES. OX-TAIL
      63 words
    • 0 15 -'_]+$\{/!:.!]*}}%`+.>&`}?]:]/+
      0 words
    • 33 15 A Malayan United Finance Berhad A Member of The MUI Group UNAUDITED RESULTS FOR HALF-YEAR ENDED JUNE 30, 1984 As at As at 30.6.84 30.6.83 Change $'000 $'000 Paid-up Capital 40,000 25,000 60
      33 words

  • 331 16  -  By ALVIN TAY LEASING companies in Singapore may soon be able to rely on a set of international rules to settle disputes arising from leasing contract. The Republic has been invited to a meeting the date and place have yet to be fixed which will
    331 words
  • 137 16 AP NON-WHITES in Britain's problem-plagued cities live in "genuine fear" of serious attacks by ultra-right whites, Home Secretary Leon Brittan said on Monday. Mr Brittan, in a speech to a multi-racial audience at a Muslim mosque in the north-west London borough of Brent, declared
    AP  -  137 words
  • 95 16 DR TOH CHIN CHYE, MP for Rochor, presided over a closed door forum on "Issues in Focus" with students at the National University of Singapore yesterday evening. Organised by the Political Association of NUS, the forum centred on recent government policies and
    95 words
  • 417 16 AFP THE LABOUR Party has emerged four or five seats ahead of Israel's Likud government from Monday's general election, but Premier Yitzhak Shamir seems better placed to negotiate power with smaller parties. The two main groups' problems were compounded as the Treasury halted exchange
    AFP; UPI picture  -  417 words
  • 333 16  -  By LISA LEE MCDONALD'S will soon have its own "home-made" buns when a $5.1 million bun-making factory in Pandan Loop starts operations. The company is spending $2.8 million on building and civil works and another $2.3 million on plant and machines on
    333 words
  • 152 16 AFP TAN SRI Ghazali Shafie, who was recently dropped as Malaysian Foreign Minister, has been offered a job by the Palestine Liberation Organisation (PLO) leader Yasser Arafat, Bernama reported yesterday. The Malaysian news agency said Mr Ghazali was asked by Mr Arafat to
    AFP  -  152 words
  • 66 16 STOCK prices rallied slightly on Wall Street yesterday after a sharp decline in durable goods' orders in June helped overcome some of the fears that the economy is still too strong. The Dow Jones Industrial Average, which rallied on Monday, was up about two points in early
    66 words
  • 93 16 Reuter A CHINESE company will be launching a public share issue in Guangzhou this September. Repprting this yesterday, the Guangzhou Evening News said that the company, East Wind will issue 500,000 yuan of stocks bearing monthly interest at 0.24 per cent, with
    Reuter  -  93 words
  • 403 16  -  By QUEK SWEE PENG GENERAL Electric (USA) has promoted its first local man to head one of its 10 affiliates in Singapore. Mr NK Quek, 37, is now the president and managing director of Electronic Components of General Electric (ECOGE). The
    403 words
  • 237 16 Bernama A COMMODITY broker Sakapp Commodities (M) Sdn Bhd has filed a MSI9 million suit against the Kuala Lumpur Commodities Clearing House (KLCCH) in the High Court in Kuala Lumpur yesterday. Sakapp Commodities claimed that it had acted as
    Bernama  -  237 words
  • 328 16 UPI THE PALESTINE Liberation Organisation chairman Yasser Arafat and Malaysian Prime Minister Mahathir Mohamad met yesterday for extended talks on the Middle East. A senior Foreign Ministry spokesman said Mr Arafat briefed Dr Mahathir and other Malaysian ministers on the progress by the
    UPI  -  328 words
  • LATE FILE
    • 51 16 Reuter BUSINESS in Philippines' banks were returning to normal yesterday after a virtual run on Monday by customers alarmed by suspension of operations of a major savings bank. Commercial and savings banks officials said the situation was expected to normalise by the end of the week.
      Reuter  -  51 words
    • 53 16 Reuter THE Japanese economy will grow by an annual average of 4 per cent in the next 10 years in terms of real gross national product. The Research Institute of National Economy yesterday forecast Japan's trade surplus widening to US$99.B billion in 1993/4 from $34.6 billion
      Reuter  -  53 words
    • 48 16 AFP ABOUT 40,000 Tamils have gone to India since the ethnic riots in Sri Lanka in July last year. Indian Labour Minister Veerendra Patil told Parliament in New Delhi yesterday that 1,776 of these had been accommodated in camps in Tamil Nadu. AFP
      AFP  -  48 words
    • 46 16 Reuter US consumer prices increased a seasonally adjusted 0.2 per cent in June after an identical rise in May. The Labour Department said yesterday that last month's price performance reflected lower petrol prices and smaller increases in used car costs. Reuter
      Reuter  -  46 words
    • 37 16 Reuter TAIWAN plans to spend US|7.5 billion on major construction projects in the next five years. Premier Yu Kuo-hua said the projects were in line with the government's policy of upgrading the economic structure.
      Reuter  -  37 words
    • 59 16 AFP BANK of Japan governor Haruo Maekawa yesterday indicated willingness to raise the bank rate and to join other central banks to stem the yen's sharp depreciation against the US currency. Mr Maekawa dropped the hint during a speech at a two-day meeting of the
      AFP  -  59 words
  • Page 16 Advertisements
    • 207 16 Edward de Bono's General Thinking Skill; (including Lateral Thinking) mm available as a r— WOLSEY HALL ■B t Home Tuttioa P Course from _'^Sl^^-a■s•-p |L""***■wo+s€y Hall Oxford V the leading international O** home-study college now offers the first ever course on General Thinking Skills m This home-tuition course has been
      207 words
    • 127 16 BIOTONIC -CAPSULES M A Tonic for Vigour and Vitality! 1 3 a £4 lil% ■nir'fr fc 1 m n <• 1 ?3 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 ACID, WHEAT GERM
      127 words
  • Page 16 Miscellaneous
    • 56 16 wmtwa Outlook for today: Foir; showers in severol areos in the early afternoon. Report for 24 hours prior to 7 30pm on July 24 at the airport: Maximum temperature 31.2 Associated humidity 73 Minimum temperature 24.0 Associated humidity 98 Hours of sunshine 6.75 Rainfall in millimetres 2.5 Roinfall this month
      56 words

  • SHIPPING TIMES
    • 233 17 KEPPEL Shipyard has started computerising its staff clocking system at Keppel Harbour and Tuas Yard, in efforts to improve the accuracy of time-keep-ing data. It is believed that Keppel is the first shipyard in Singapore to embark on such a project. Work on the
      233 words
    • 676 17 Reuter SHIPPING finance has become an increasingly competitive business as the shipbuilding market remains depressed and the number of high-quality borrowers declines. Shipping finance sources in Hongkong say it may be 1966 before the shipbuilding market recovers but in the meanwhile, the higher
      Reuter  -  676 words
    • PORTSIDES
      • 84 17 Reuter THE AUSTRALIAN and New Zealand Eastern Shipping Conference will adjust the currency adjustment (actor (or shipments to New Zealand to minus 10.5 per cent from minus 6.0 per cent on July 28. It says this decision supersedes and replaces the previous announcement that a minus 6.5 per
        Reuter  -  84 words
      • 113 17 MR SIA YONG of Sim Lim Finance has been re-elected chairman of the Singapore National Shippers' Council for 1964/85. The council's first management committee meeting for the 84/85 term, held on Monday, also elected the other office-bearers in the committee. The two new vice-chairmen are Mr Michael
        113 words
      • 63 17 Reuter THE STATE-OWNED Yangming Marine Transport Corp has been admitted to the Australia Northbound Shipping Conference, a company official said. The official said Yangming would start a joint operation with the three member lines, plying between Taiwan and Australia, on Aug 10. The three member lines are
        Reuter  -  63 words
    • 773 17 SFMpptrtf LKM C* AIM VI 3 *t.r*«ILrr VI s AC Toajrfar X s A*>oc VI 5 Antaro Shpg IV APCUn* V 4 API 4/5 A/tow Una* X 4 ASCL AiMbrofcar V 5 Allot Lata* X 3 AuMauo Una V 1 Bak-Orwnt VI 4/5 Baltic Ent X 1
      773 words
    • 411 18 RECENT developments point to a growing competition among the nations operating Inmarsat coast earth stations in Western Europe. At stake are the considerable revenues generated by satellite message traffic, said Fairplay magazine. Tariffs are assessed for satellite calls on a perminute basis by the national
      411 words
    • 777 18 AFP SUBSTANTIAL Soviet chartering backed by fresh Chinese interest livened up the freight market last week, and halted the recent downward trend in rates. Sovfracht, the Soviet chartering agency, has fixed between 20 and 25 vessels since the beginning of the month to lift US grain, they range
      AFP  -  777 words
    • 1712 18 GRAIN chartering was generally quiet on the freight market on Monday with rates tending easier where changed while fresh fixing was also slow to develop in other sections, shipbrokers said. A vessel was arranged from the US Gulf to Japan at US$l3 compared with previous business reported at
      1,712 words
    • 190 18 THE MAJOR shipping consortia operating between the Far East/Europe. Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia /Straits Container Line.
      190 words
    • 238 19 LAND-HUNGRY Port of Seattle has announced a major waterfront purchase to go ahead with the second phase of a container terminal development programme. According to TMR/ITN, the port's executive director, Mr Richard D Ford, said that the port will acquire 10 acres of prime, deepwater frontage
      238 words
    • 489 19 Lloyd's List LEADING Japanese trading house Tokyo Boeki is considering plans by Taiwan-based Ocean Marine Transport for a major round-the-world shipping venture. Earlier this year OMT was discussing a more limited operation between Europe, the Persian Gulf and the Indian subcontinent. Tokyo Boeki
      Lloyd's List  -  489 words
    • 190 19 MR PER-AKE HANSON, the president and chief executive of the MacGregor-Navire organisation, died suddenly on July 17 in Sweden from a heart attack. He was 48 years old. With his passing, the international marine industry has lost one of its most forceful leaders. Mr Hanson joined Kockums
      190 words
    • 79 19 AP THREE people drowned and eight others were missing and presumed dead after a cargo ship sank in rough waters off the coast of Laguna, Brazil, port authorities said. The accident occurred about 32 kms off the coast of the state of Santa Catarina, in south-eastern
      AP  -  79 words
    • 396 19 LYKES BROS Steamship Co Inc has signed contracts for more than US$l5O million to build four large, automated container ships with options for two additional ones at two shipyards in Japan. The construction contracts are the latest step in a
      396 words
    • 4747 24 3®aBGXDB>B 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
      4,747 words
    • 604 25 sr RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement Voy date/time Operator cargo schedule Location B Penogo 109/84 25.7.84 2300 Leo Shpg FSB 1000-1100 SI Accord 187I5E 26.7.84 0700 G Asia FSB J100-1300/1800-1900 N2 Sea Hawk 49 26.7.84 0700 Eastern M
      604 words
    • 1554 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S) Afrw-Earaala Liar Trsnsgroup (S). AhreakM Uaer Bervter Kim Shpg (S) Alfred C Twftar Ocesnus Shipping Agency (S) Marlntex Enterprise (PK) Alp* Lntraara (S) Bmung Shpg (KL) Island Cargo Handling
      1,554 words
    • 406 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bangla Swapna 33/4 UniPaclflc alongside 25.7.84/0900 Cape tan Lukls 35/6 BOR alongside 25.7.84/1200 Comet 25/6 LN Shpg alongside 25.7.84/0600 Kim Soon LI 22 T Soon alongside 25.7.84/0700 Thai Rainbow 27/8 Sin Chiao alongside 25.7.84/0600 Turkmeniya 45 S'pore
      406 words
  • Page 17 Advertisements
    • 229 17 REACH YOUR AUDIENCE EFFECTIVELY TIMES® Business Directory of Sin&i|>orr mm LONDON Freights \\m WEEKLY Freights II CONSORTIA II SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X REGIONAL Weather X I ORIENT OVEIQEAS CatUaiHt* LINE FULLY CONTAINERISED SERVICE TO fU°OPF VIS SUE? Span Plata*
      229 words
    • 413 17 SEALORDO UASC UNITED ARAB SHIPPING CO SAG) NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE. FROM IAI'W TAIUXN lIOM.kOM. M MMtIVAH V.|« M WAJBA Vlo* 1 11 HMMH www rr m mrqw *.r MSO CM.UNG: HA6OYA HMUTA 17/7 11/7
      413 words
    • 898 17 FULLY CONTAINERISED SERVICE FAR EAST/EUROPE EBMBa K to i*gjw rsm i/» _vt ww/nmmt/n m v hum HowxaMc cam tan m a n nn \xmmm/wu A(m* CROWN mm. CO (fit) LTD TQ *****11 ki (NT) m mm For mow dtaite ntmr pun IV MAERSK LINE EXPORT FASTEST SERVICE TO USA 27-21/7
      898 words

  • Page 18 Advertisements
    • 187 18 mil FAR EAST/EUROPE CONTAINER SERVICE To Europe 1) Barcelona. Genoa. 2) Amtfetdam Antwarp, L Kawe. Bash. UK. 3) Bremen. Brtmerltavtn. Aartw. Copenhafen Hatenki 4) Matno Stockholm. (Ma •Acceptor* Europe cargo tor feeder na S pore *Mm direct carp tor Spore t Banftot Pfc contact PERMBC P Kalanf tor Mar arrangement
      187 words
    • 317 18 Y.S. LINE YAMABHITA-SHINHIHON LINE COM TAMER SERVICES USA/CANADA a/i nn tin LCL Cargo tor USA I a/9 a/9 29/9 10MB a li/M via IVM noam TOB MT TMm auapthg ur|a la Dafca t Ma Ohafei CONVENTIONAL SERVICES FWB.T Ml SLOtT ta Pan Asia Line: ltd. CONTAINER SERVICE TO/FROM J ARAN
      317 words

  • Page 19 Advertisements
    • 644 19 The Straits Steamship Group QCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT ivi n/s n/t 77/ i U/1 00/o 11/1 U/* 21/1 an vn #4/10 W/ll 11/10 13/11 li/u n/ii 24/11 2S/1S ■555 Wl 31/7 unroa mt n/o m/i ■an no u/i m/i NMMMCEMNSS JM 21/0 imam mm */o
      644 words
    • 479 19 NOTICE Franco Belgian Serv/ces F*r tli. xrrv, u-v,'* S« ,-vj« far (Ml MBl H 01 ACt CONSOH TI DM > »wg TO MOW nju COWTMPSW gxct WOM MOT JW t. BLiWE I* Newt fin F%n Nn KXtte* M rtai Ktet BHwi lAm 2M 21 Ml 23 Am »Am HA* 21
      479 words
    • 62 19 TOKO LINE M.V. -SKA ROYAL" V-6 Arrd: 18th July 1(64 C onsigner of all damaged general cargoes em the captioned vessel* are hereby notified that the General Survey will be held on Thursday 26th July. 1984 at Jurong Port Godown No TS-2 from 10.00 am to 3.00 pre No further
      62 words

  • Page 20 Advertisements
    • 545 20 IF Hapag-Uoyd 10 COftTIFONT UK EXPORTS Spdre r Kftani P«x tmn Mm Genoa H burf Adam Bliaren I Aenee Kdwwrs 11/ l 21/1 23/1 14/) U/J 10 US* CANADA Connecting in Tokyo Connecting m Kobe "Also accepting cargo tor ATLANTIC GULF PORTS via mmilondbndge, ond US MID-WEST by rmcrobridge" (ROM
      545 words
    • 357 20 FULLY CONTAINERISED SERVICE TO EUROPE Vl* SUIZ "1 Member ot the Ace Con**lm* 'Kataai] Latent 14m F»ta*t tfWf Antrntp KOKM MCEM 25W 18 nnucwomD met ?m 10/8 oa«TAi cwf «ow 22/8 CtCVM.KII PAH 41N 1/9 Ml CONTMO 41* 6/9 AISO tOAOMG FOR BPEMf RHAVEN 23/1 25/« 28'« 1/1 3/9 S/9
      357 words
    • 357 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG FCL I LCI CARGO FOR «l WC IK (U ROM ANN IHV Irarlinc 31/07 0101 21/ M 23/ M 25/ M 27/ M »/M h« not a/M ii/n k m m/m k/m 07/ m EwGrwt DM K/M U/M 12/ M 14/MIVMI7/M mso »ccff
      357 words
    • 570 20 KIE GWAN SHIPPING (M) SDN. BHD. Nr 2*A MIAN BERANGAN PORT KELANG. SELANGOR MALATSU TEI N« *****2.3*435.*****2 3M7M.3f0122.3WW7 w. MALAYSJA/S'PORE TO E. MALAYSIA SERVICES: p klang tGAMBELA KKblu. S'kan, Tjwau 26/31 July T tAJOMOHSATU KKblu. Skan. Tawau 1/6 Aug 7/5 t KITA KKbtu. SUn 4/10 Aw 11/ tHATI SENANG KKblu.
      570 words
    • 158 20 US I NOSE MARITIME PTE LTD m 600DFRB®.. PORT MLANC PfNANG ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Seaport ln*| 2/1 B. AM Lm*« tar B AM»av B Mmnr SilOSf MARITB* PTE LTD TEL ******4/7 t *****70 MM.OS( MARITB* SON BHD Id *****2/3 MALAYSIA TRADE t TRANSPORT LTD T«l
      158 words

  • Page 21 Advertisements
    • 457 21 Sl pil group EAST AFRICA/REDSEA SERVICES VEIUL KOTA WIS AT A KOTA MEOAH KOTA WIRAWAN KOTA WARUHA KOTA RAKVAT VOYAGE E-Sl5 E-517 E-51t E-S2l E-523 SINGAPORE LOADING FOR: ADEN, MODE ID AH, JEDOAH, AQABA 15-lt/S HOOEIOAH, JEDOAH, AQABA. PTSUOAH, MOMBASA, D'SALAAM 5-10/9 ADEN. HOOEIOAH, JEDOAH. AQABA 10-14/9 HOOEIOAH, JEDOAH, AQABA,
      457 words
    • 266 21 MALAYSIA SHIPPING CORPN. SDN. BHD. VESSEL VOT. PENAMG P. KELANG LOAttNG FOR ROTABAHAGIA 6/M 27-1/1 KK/SXN/TA ROTAHARAPAN 6/M IM9/I KK/SXN/TA ROTANMH 6/M 14-10/0 19-25/1 KU/KK/SKN KOTA BERLIAN 6/M 11-24/1 KK/SXN/TA Agents SINGAPORE PIL P KEIANG SFIAIAN AGENCY Kl Sf I AT AN AGFNC r PFNANG LEAN Bff CO lEI ?*****3
      266 words
    • 734 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE sirmts toeimope spore pkelang BooaMor 21/7 30/7 Liverpool Bay 4/0 I/O Brtmcn iiptm 12/1 14/1 Harnku| Eiprns 20/1 21/1 liim Mm. 2S/« 21/1 BMUIWI 4/0 0/0 Honftonf Eiprrii 12/0 14/0 Cartas Bay 20/0 22/0 27/0 20/0 MM FROM cum HAM 6 HAVEN DIMM
      734 words
    • 577 21 i DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S pore Service Fufl Container Vessel Butm Y«k»- Kobe Km Spore Tffriok lumi shunf GOWA VlO 08 11/7 14/7 18/7 20/7 «/7 27/7 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE STORE P KELANGRDAM TIBWY HWRG ANTWERP A DAM LONDON BREMEN SONBAIVSWB 31/74/1 5/1 30/1
      577 words
    • 448 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION S'pore P.Kelong Hoka VI66W In Port/25 July Pinyo V 74 25/29 July Sit-tway* 28/30 July Bossein** 9/11 Aug 7/8 Aug 4/6 Aug Htone Ywa V 194 8/10 Aug 5/7 Aug LOADING FOR HONGKONG JAPAN LOADING FOR HAMBURG. ROTTERDAM, ANTWERP \A BANK LINE
      448 words

  • Page 22 Advertisements
    • 877 22 1 K LINE USA ft CANADA KAWASAKI KISEN KAISHA LTD pacific COAST (Including DESTINATIONS INLAND via IPI MICROBRIDGE ft MINI LAND BRIDGE) FEEDER/ MOTIO VESSEL PKLG PENANG STOW T/S WHY LA/LB SEATTLE OAKLAND VAN BC PORTLAND WHORE BROGE V 33 LION 6 BROGE ¥2325 KANSAJ PIONEER V 35 TONER BROGE
      877 words
    • 423 22 Accepting B South Africa Broakbulk and con cwrgoao Diract to t Contain* t BfMtbu* I S A MORGENSTEI VM3 LA. COKSTANTW V.M3 HAYAKAWA HMU V.C2ISF SA VAAL Ml# NED COLOMRO (OllG OSAKA MARU V.IIIK SA CONSTMTIA I IX S'para Dwtun try CTmm U/« vn 13/1 13/9 27/9 l/ll 27/7 l/l
      423 words
    • 470 22 a CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE IM*| to lOS ANGELES SAW FRANCISCO SEATTLE TACOAAA VANCOUVER. «.C Atccptaf fa/fa Cantmn r SMiapore L MMW -II 12/13 Am I S«pi AUSTRALIA EXPRESS CONTAINER SERVICE AtctpMc Fa/PO Canljmn p«"»« S f r IM Sr*> Uu Keith P (Mnf S part Fi«
      470 words
    • 684 22 SANKD ASIA FROM JAPANESE PORTS ANO HONGKONG o 2 GREAT MOUNT 3 TEKAO 4 REGENT RUTH 5 ELM EDO MAXU 7 GOTONG ROYONG 20/29 JM a/30 M 29/30 M 1/3 Auc 3/5 Am 7/9 Am P ««N Pmant M Pwt/25 Auc 30 M/ 31 U 31M/ 1 Ami 31/1 Au(
      684 words
    • 403 22 HTRASEA (PTE) LTD lO Anson Po.id «2 7 W, Intem.tT P 1)?() 7 Tpi ;J4I)SI 1 1 i o BREAKBULK SERVICE TO EUROPE/UK SEA WOOD SHIPPING CORPORATION S pore P Mat* Lm4h| tar HTMSU (PIC) in I RMTANG MfK CO I I 224(511 *****4 P.T. KALIMANTAN SHIPPING CO. LTD. I*l
      403 words

  • Page 23 Advertisements
    • 376 23 1 FAR EAST/EUROPt FULLY CONTAINERISED SERVICE C PAUL 41* HK CONTAIO 41N.. C CONTAKR 27W.„. 23/9 25 28/9 30 2/10 4 Also accepting cargo to/from Scandinavia K JACEAN S'pore Closing Times: Fa Cargo 1800 31/7 LCI Cargo 0600 31/7 FROM EUROPE (VIA SUEZ) OCWF39E. CROZE 391. P. Katang Shgapor* HKong
      376 words
    • 336 23 CEYLON SHIPPING CORPN nal Line of Sri Lanka Jtm FULLY CONTAINERISED SERVICE TO COLOMBO. ARABIAN GULF, RED SEA. E C INDIA v'v r L Vmiti It* i sti/m L NfPT'lNf IGtNCIf S Pit I ID lel ?:mi 7 7/BS4J4 HARPfR ftiPl SON BHO PK 'el PIN lei 3 SEAWARD SHIPPING
      336 words
    • 543 23 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BULOM6 55. Market Street Sinfapere 0104 Takphone Numbers *****3 (15 Cable Address SWSOV SMWORE Teiei Numbers K ***** IK ***** RS ***** P KELANG M/S SHARftAT RMH SOON SON MD. IST AND 2ND FLOOR. NO 1. lALAN CEMPENMG. PORT KLANG. MALAYSIA Id
      543 words
    • 44 23 ahrenkiel liner service gmbh DURBAf JOHANNESBURG. MAPUTO. 'At IRITIt IS RFIJNiON SHENG TAI LINE JMMMMnMVMUMJ REfiULM LINER SERVICE TAIWAN-STRAITS-TAIWAN i KKKT FORMOSA VJC DOBS I V.14 LAMM V.14 MO 31/7 V* VI Vt J/l S POKE P. K£LANC S/» 9/1 13/1 IS/S IC/l lt/t
      44 words

  • Page 24 Advertisements
    • 522 24 ICcj|i»iial Container Lilies |*s{sSj] 3 Sailings Weekly II Reliable Regular Punctual Berthing P S.A. 1500 Hrs Tues, Thurs 4 Sat REGULAR FEEDER SERVICE TO PHUKET/SONGKLA VOT sat SKIA BHK PKT SKL* (MUM BHUM 117/ltl bi Pt/26 U 31/1 Aug RATANABHUM 251/252 3/4 Aug 6/7 Aug RATANABHUM IR9/190 10/11 Auc 15/16
      522 words

  • Page 25 Advertisements
    • 73 25 LKDORNE French Line VMMI M/V ARTCXS V7LS4 M/V HAUSSMANN VBLS4 M/V ANJOU V9IS4 TO BANGLA-OCSH/MDIA/SRI LAfK A/PAKISTAN is .til.l.aKiMl.i HWXM SCE32S2O SPORE hi Port 30/7 19/8 30/8 jven ORKNIAI SIAWINDS I INf P AMNf* Pit lIP SINGAPORE Mil A V SI A TEL 220S&81 SALES BOOKINGS GENERAL FREIGHT Mi SDN
      73 words
    • 624 25 jE> LIN LIN SHIPPING PTE. LTD. 1. Magum* Road. »05-0 i Central BuUdtng. Singapore 0105 Tat 533M14 *****22 HMWSEWO- SINGAPORE TO KUCHIHG VESSEL ETA ETD UN PETMJNG In Pwl 25/7 l/« 2/1 PROMPT SHIPPING LINE SA. maut mommy in soma to mbt mum rare Mgnwt FdACI CONTIMB t HKMBUU \l
      624 words

  • Page 26 Advertisements
    • 21 26 da BALTIC ENTERPRISES (PTE) LTD OCEANRING MAFUNE PTE LTD KSZSZ'iZ&Z.'ssss.—. Mb ETA LOAMNG FOR SUN MVER 2/1 BANMR ABBAS, BANDAR BUSHRE
      21 words
    • 77 26 jL NG Shipping Private Ltd. T»l«phon«: *****90,*****43. xV/ REGULAR SERVICE TO AND FROM T CHITTAGOfIG/MADRAS (S'por* FUf) 9NGAPORE PHMMG CWTTAGON6 NEW GAUCTICA 14/6 NEW GUMDtAM 30/7 ACCEPTMG 20FT CONTMNEI Fa and SOC MNALPMA Singapore 5 Continents 1 Forwarder Offering direct LCL Service to Hamburg with connection to European destinations (Germany/
      77 words
    • 657 26 FREIGHT MANAGEMENT AUSTRALIA 21/7.1/1.7/1 14/s IK/CONTMENT 21/7. 4/t. 7/1. u i CANAOA/U.S.A Tin. 3/«. 11/ l NEW ZEALAND 1/1 2 n/l FA* EAST a/7.«/«. 12/1 jn s j '«i 10A0MG FOR STWf Y MELBOURNE WUH MSBAIC FRf MANTLE uk ran. SCAJONAMA li NAB* ANTHEM ROTTIHMM HKI HAA®U»G All MA KM
      657 words
    • 492 26 Everett Lines COMPANA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loading lot CaH*> Malar** lo and all otVr Pwuvnr ports wtl\ tian\h.piT*nt at Hot* On CPV Itwoujti Brits ot lading to total destination Ptnang P Ketang Sn(*p«rt MURRAVEVERETT 29/31 Aug 1/2 Aug RAMOKVERf IT 4/6 Aug 7/4 Aug THOMASfttRf TT
      492 words
    • 640 26 ZIM NON-CONFERENCE MDCPnOCNT FULL carton to USA East Nest Ceast. Pan CONTMPO SERWCE accept* FCt/L ■mi. Carribtoean and East Canada ziM EILAT CONTAINER LINE Spot Eiat limit Ktpti V tract haow m TMESTE »M I Ami 17 ka| li felt IS Ami w Ami m MEIBOURK i Au( 20 Am|
      640 words
  • Page 26 Miscellaneous
    • 165 26 Regional Weather IS. I "a Kj IA 7i <s 0 >ii IS IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature c X\ y Shower Weather Wind direction with speed in knots Rom O Cloudy Sky Wave he, 9 ht Surface winds ore indicated
      165 words