The Business Times, 31 July 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, JULY SI, 1184 60 CENTS
    12 words
  • 465 1  -  Trading active right from opening bell By AMY CHEOK SHARE PRICES rose sharply for the third consecutive trading session yesterday, with the Straits Times Industrial Index scoring one of its best daily gains in local stock market history. The
    465 words
  • 321 1  -  By JOHN LIM THE CHALLENGE for newspaper journalists lies not only in competition among the different papers but also with television, radio, magazines, journals and other regional newspapers, the executive chairman of the Straits Times Press (1975) Ltd, Mr S R Nathan, said
    321 words
  • 154 1 Reuter "PAN-AMERICAN World Airways is negotiating with the European Airbus consortium for the leasing or purchase of planes. Although the Airbus spokeswoman in Paris would not give any details on the talks, industry sources said the possible deal could involve the leasing of unsold A-310 and
    Reuter  -  154 words
  • 187 1 Reuter A VENEZUELAN airliner hijacked on Sunday flew to the Dutch Caribbean island of Curacao from neighbouring Aruba yesterday after a deadline to blow it up expired. A government spokesman in Aruba said there was no indication whether the hijackers were still threatening to
    Reuter  -  187 words
  • 248 1 THE SINGAPORE Manufacturers' Association has set up a subcommittee to study the impact of government economic policies on its members. The committee, known as the Subcommittee on the Economic Review Study, is believed to have sought the help of a university professor to compile a survey
    248 words
  • 91 1 AT T joint venture UPI AMERICAN Telephone A Telegraph (ATAT) and the British Aregon International will launch a Joint venture in computer software that could prove to be the biggest software sale ever made by a British manufacturer. Aregon, a major world supplier of Videotex computer software, will devel- op
    UPI  -  91 words
  • 465 1  -  By LISA LEE ARCHITECTS expressed mixed reactions to a recent proposal made by National Development Minister Mr Teh Cheang Wan for smaller companies to merge and form more sizeable groups. Some felt that the traditional, time-tested structure should be maintained as it
    465 words
  • 512 1  -  By ALVIN TAY THE SINGAPORE authorities have assured leasing companies that the proposed leasing guidelines would not result in the early death of the industry. BT understands that this assurance, reported in the latest issue of Asialease News, was relayed verbally to the Leasing
    512 words
  • 54 1 AFP MALAYSIA is planning to set up a division to enforce patent laws by November, Deputy Trade and Industry Minister Oo Gin Sun said yesterday. He said officials from his ministry and the attorneygeneral's office were visiting Australia, the Philippines and Switzerland to study their
    AFP  -  54 words
  • Page 1 Advertisements
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    • 251 1 SHARE INFORMATION 13 RAW MATERIALS 12 MONEY EXCHANGES 7 AIRCRAFT MEMO PAD CROSSWORDS EMPLOYERS' payments for workmen compensation have gone up, although the number of claims for payment and the number of awards made have declined. Page 2 NO NUCLEAR-POWERED vessels will visit New Zealand while the new Labour government
      251 words
    • 77 1 Leader, Page 8 Kaufman's forecast, Back Page Employers wilcomt amendments, Beck Pago ii A better service k x shipments tip to 100 kilos at no extra cost w Sure thing, with KLM s Wxidspeed W >" KUNV CAM'S J Li l -I-lUL Contact your KLM cargo agent or KLM Cargo,
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  • HOME NEWS
    • 446 2  -  By CHUANG PECK MING EMPLOYERS' payments for workmen's compensation have gone up, although the number of claims for payment and the number of awards made have declined. Last year, total compensation paid out by employers to workers for on-the-job injuries went
      446 words
    • 360 2 THE IMPACT of the American presidential elections on the country's economic policy next year and beyond will be discussed at a high-powered meeting for businessmen and senior managers in October. Times Conferences and the American Enterprise Institute (AEI), the Washington thinktank,
      360 words
    • 240 2  -  By JOHN LIM, Industrial Correspondent THE PUBLIC Utilities Board (PUB) has awarded a $5.8 million contract to Oh Teck Thye (Pte) Ltd for the construction of a fourth booster station in Singapore. Construction of the latest booster station, at Woodlands, has begun and
      240 words
    • TRADE TALK
      • 48 2 Properties Ltd awarded a contract valued over HK$5 million to Kone Marryat and Scott (HK) Ltd, the local office of Kone Corporation. The multi-million dollar contract is for the installation of sixteen passenger lifts and two escalators in Grandeur Garden, Shatin, a private residential project.
        48 words
      • 67 2 Association of Convention and Visitor Bureaus recently held a Data Convention Standardisation Workshop at the Asian Institute of Tourism in Manila. This was the first venture of its kind in the world. Member countries represented at the workshop discussed the procedures and methods of collecting and distributing data.
        67 words
      • 73 2 Air Force has issued a contract modification award to Sperry Corporation for the Phase IV, computer programme. The contract amendment is valued at US$22 million over the next' seven years. Known as LOGMARS (Logistics Applications for' Automated Marking and Reading Symbols), the contract calls for Sperry to
        73 words
    • 474 2 Seminars and courses DURATION TITLE VENUE ORGANISER July 31 Aug 1 Air Quofity Monitoring Control Administering Your Novotel Orchid Inn RELC International Environmental Engineering Society Of S'pore Applied Research Corporation Singapore Business Own Business Aug 1 -2 Manpower Monogement In A Changing Environment Aug 1-7 Applications Interfacing Aug 2
      474 words
    • 344 3  -  By JEFFREY TSANG THE NGEE ANN Polytechnic will be the first tertiary institu,i tion to have a child-care centre for children of its staff. The Ngee Ann Polytechnic Child-Care Centre (NPCCC), for children between the ages of two and six, has been
      344 words
    • 233 3 i SINGAPORE Tobacco Company j Pte Ltd (STC) successfully implemented its cashless salary payment scheme recently with full support from more than 300 employees. Workers are now being paid through their bank accounts. i Mr Ng Jue Meng, personnel manager of the company, said the
      233 words
    • 305 3 DOUG KING is now the group account director at McCannErickson. Mr King is a graduate of Oxford University and holds an MA in oriental studies. TOMAZ MOK has been appointed creative director at McCann-Erickson. Mr Mok holds diplomas from The Royal Drawing Society, London Lingnan College, Hongkong,
      305 words
    • 190 3 THE HOUSING and Development Board recently awarded about $4 million worth of contracts. The biggest contract, at $792,000, went to Ga deli us Pte Ltd for the installation of booster pumps and control systems in the board's housing estates. Gadelius, which won
      190 words
    • 510 3  -  By SOH TIANG KENG THE RIGHT taxation mix is crucial to the foreign investment in, and economic development of, a developing country, Mr C N Watson, president of the Singapore International Chamber of Commerce, told 80 delegates from Asia yesterday. He was speaking
      510 words
    • 331 3 THE PRODUCTIVITY message may move in different directions from country to country, but all have the common need of knowing how to measure productivity. Eighteen participants from 12 member countries of the Asian Productivity Organistion (APO), are in Singapore to review national
      331 words
    • 141 3 THE PROSPECT of free tickets to the Los Angeles Olympic Games spurred employees of at least one company to work harder. Saab-Scania, the Swedish manufacturer of the Saab car series, dangled the tickets as an incentive to boost sales from 87,000 in
      141 words
  • Page 2 Advertisements
    • 274 2 •*3Sf <r V S ft WT II -3g 1 Sr t li Cl jS?' I t Jy^ «Pw- JeVV In Hong Kong over 50 banks count onTI Business Computer Systems everyday. As an integral part of the innovative CHATS (Clearing House Automated Transfer System) programme,Tl Business Computer Systems enable bankers
      274 words

  • Page 3 Advertisements
    • 134 3 Only Royal Brunei offers you Brunei on the way to Hong Kong. ■y.« vl °WB Jn If you have business in Brunei and Hong Kong, only Royal Brunei can offer two flights a day, three on Friday and Sunday, to Brunei. Then when you've finished in Brunei we can fly
      134 words
    • 187 3 Approved samples to Tokyo m4'\: :.S- s v s r T""* V Mm* IP HMK ar "DomoArigato" With XPS you can send all the things you can't expedite by our document courier service. You get the same pickup 24 hours a day. The same fast customs clearance, documentation and delivery
      187 words

  • OVERSEAS
    • 626 4 Reuter OPEC is faced with increasing pressure to cut oil output quickly in order to ride out the world glut with its price and production accord intact. Gulf oil analysts in Kuwait said yesterday, however, that they knew of no plans for
      Reuter  -  626 words
    • 253 4 UPI FOUR RELIGIOUS parties, holding 12 critical Israel parliament seats, were meeting yesterday to decide on a bargaining stance that could determine which of Israel's two opposition blocs would rule the country. The meeting was expected to focus on the parties' demands for
      UPI  -  253 words
    • 196 4 Reuter THREE SOVIET cosmonauts, including Svetlana Savitskaya who carried out the first spacewalk by a woman last week, returned to earth yesterday at the end of their 12-day mission, Tass news agency reported. Cosmonauts Savitskaya, Vladimir Dzhanibekov and Igor Volk landed their
      Reuter; UPI  -  196 words
    • 154 4 AP AT WASHINGTON'S behest, Chancellor Helmut Kohl has ordered a full investigation into reports that Iraq is producing nerve gas with West German help, a government spokesman said on Sunday. The chancellor's action coincided with a report in yesterday's edition of the newsweekly Der
      AP  -  154 words
    • 269 4 UPI PRIME MINISTER Margaret Thatcher came under growing pressure on Sunday to order an inquiry into Britain's MIS and MI6 intelligence services dating back to 1945 because of new claims about Soviet infiltration. If the government does not open an investigation into postWorld
      UPI  -  269 words
    • 400 4 AP THE Soviet Union has called for an international conference aimed at ending the conflict in the Middle East. The Soviet proposal, released on Sunday, said conference participants should agree to proposals which include the return of lands captured by Israel since 1967, the
      AP  -  400 words
    • 187 4 AP US DEFENCE Secretary Caspar Weinberger said the Soviets may be balking at going ahead with Vienna arms talks in September for "purely political" reasons. "They may be simply trying to defeat the President of the United States," Mr Weinberger said on Sunday. Democratic
      AP  -  187 words
    • 247 4 AP THE BRITISH coal miners' strike, which entered its 21st week yesterday, is costing the country an estimated £60 million a week and could soon force electricity prices to rise. Industry Secretary Norman Tebbit said the staterun Central Electricity Generating Board is
      AP  -  247 words
    • 106 4 Reuter SAUDI ARABIA has agreed to give Lebanon more than US$45O million to help rebuild the country after more than nine year» of intermittent war, Prim| Minister Rashid Karami said. J In his plane returning off Sunday from talks in Saudi Ara-. bia,
      Reuter  -  106 words
    • 758 4 ARRIVALS Operator S*tvkc Local From number tima MAS MH81I 0940 PEN RBA BU21 1000 BWN SIA SQ103 1005 KUL CPA CX710 1035 HLP GIA GA960 1100 HLP SIA SO 105 1105 KUL SIA SO 201 1115 HLP SIA SQ19I 1210 PEN MAS MH682 1230 KCH MAS MH603
      758 words
    • 400 5 NYT MACHINE tool orders in the US plummeted 40 per cent in June from the strong levels in May, the National Machine Tool Builders' Association said on Sunday. Nevertheless, June's orders, which totalled U*****.2 million, were still 32 per cent higher
      NYT  -  400 words
    • 102 5 UPI PEARS OP a NKNp sf the truth behiad the ef farmer FlHpiae »nwlll»ft Mer Bealgne Aqalae mmt at the lint aaaiversary «I hie death appreaches. A paael Investigating the kllfiiig kad ended Its public mere than three weeks age, bat has reepeaed Its tftfitry after
      UPI  -  102 words
    • WORLD IN BRIEF
      • 55 5 CONSCRIPTION may have to be brought back in the US in the next six years, a Brookings Institute report said. Report writer Martin Binkin said the US government's plans to boost the size of the armed forces and to deploy more sophisticated weapons are liable to come up against
        55 words
      • 48 5 THE 1,800 inhabitants of the disputed Falkland Islands should be granted internal self-government under the Argentine flag, a committee of Britain's opposition Liberal Party urged. The party's Latin American Affairs Committee said there is an urgent need to change Prime Minister Thatcher's "Fortress Falklands" policy.
        48 words
      • 66 5 RABIES has crept to the very edge of Paris and experts are warning that it is only a matter of time before an unsuspecting Parisian falls victim to one of nature's most nightmarish killers. Although no one has been infected for 60 years, the probability of a human
        66 words
      • 69 5 Agencies US PRESIDENT Reagan's overall foreign policy rating with the Americans has Improved, but the negative views on specific foreign issues has risen sharply, a new Harris poll showed. The poll, published in Business Week, said "only slightyy more than half the public now considers his (foreign
        Agencies  -  69 words
    • 97 5 AP A THAI newspaper editor was gunned down at his house in south-eastern Thailand on Saturday while be was craddling his two-year-old son, police reported yesterday. Singha Rattanaket, 33, was the second Thai journalist reported murdered since midJune. Police suspect he may have been silenced because
      AP  -  97 words
    • 555 5 Differences with US over issue admitted Reuter, UPI NO NUCLEAR-powered vessels will visit New Zealand while the new Labour government is in power, according to Prime Minister David Lange. Mr Lange admitted in a television interview on Sunday night that there are differences
      Reuter,; UPI  -  555 words
    • 204 5 UPI RIVAL French Communist and Conservative lawmakers joined ranks on Sunday to condemn a controversial constitutional amendment that would increase the power of Socialist President Francois Mitterrand. Mr Mitterrand declared three weeks ago that he would submit an amendment to Parliament that would give the
      UPI  -  204 words
    • 214 5 Reuter A DEPUTY CHIEF of the political control department in the Soviet armed forces hinted yesterday at serious discipline problems in certain units and criticised political officers for ineffectual work. "Amongst certain military personnel there is a lack of conscientious discipline and they
      Reuter  -  214 words
    • 402 6 Bernama FOREIGN Investment will continue to figure prominently in Indonesia's agricultural programme under the current development plan. According to a priority list issued by the Investment Coordinating Board (BKPM), sectors earmarked for expansion include food processing, plantations, fisheries and forestry. These activities, BKPM
      Bernama  -  402 words
    • 294 6 UPI THREE MEN convicted of the 1912 Watergate break-in said they did it because they believed presidential candidate George McGovern was a communist sympathiser with ties to leader Fidel Castro. Bernard Barker, Frank Sturgis and Virgilio Gonzales said they never received any money
      UPI  -  294 words
    • 226 6 Reuter DEVELOPING countries will be able to expand their export earnings and reduce their foreign debt burden only if a new process of world trade liberalisation takes place. The General Agreement on Tariffs and Trade (Gatt), in its annual activities report released
      Reuter  -  226 words
    • 395 6 UPI AMERICAN diplomats yesterday closed their temporary Beirut offices, where they have worked since a terrorist destroyed the US embassy last year, to move into new and safer quarters. The regular 100-man Marine unit that has guarded US offices in the British embassy since
      UPI  -  395 words
    • 189 6 AFP FOURTEEN sailors are mi»dng after their vessels from South Korea and Singapore foundered in heavy seas, whipped up by typhoon around the Japanese main island of Kyushu on Sunday night. Thirteen of those mtaring were aboard a South Korean cargo ship, Using
      AFP  -  189 words
  • Page 4 Advertisements
    • 140 4 F 'tJ V Generations come and go. But the legacy of Sichuan cuisine lives on. We believe in preserving the tradition of Sichuan cuisine. Open the fan-shaped menu and you have before you a spread of over 150 delectable dishes Each delivering its promise of authenticity A gourmet feast that's
      140 words
    • 12 4 I VS. AM First In Space. First In Luxury. First In Comfort.
      12 words

  • Page 5 Advertisements
    • 361 5 APC. Not just "A PC." Super Screen, Super Speed, Super Storage, Super Support. When it comes to the high performance business applications demand, ordinary PC's just can't keep up with NEC's extraordinary 16-bit Advanced Personal Computer. APC runs rings around the competition with its fast, true 16-bit CPU. The minutes
      361 words

  • THE OLYMPIC FILE
    • 294 6 Reuter, AP. CHINA, competing in the Olympics for the first time since 1962, won the first gold medal of the Los Angeles Games when competition opened on Sunday. Chinese marksman Xu Haifeng outshot favoured Ragnar Skanaker of Sweden in the men's free
      Reuter,; AP.; AP photo  -  294 words
    • 103 6 Reuter, AP THE US won its first Olympic soccer game since 1924 by beating Caste Rica 3-0 before a record crowd of 78,265 at Stanford Stadium. Captain Rick Davis and Jean Willrich scored goals 12 minutes apart in the first half. Davis netted
      Reuter,; AP  -  103 words
    • 324 6 Reuter. WEST GERMANY'S Michael Gross broke his own world record to clinch a well-deserved gold medal in the men's 300 metres freestyle in the Olympic swimming competition yesterday. Gross, nicknamed "The Albstross", touched home in one minute, 47.44 seconds, In a perfectly-paced race
      Reuter.  -  324 words
    • 147 6 AFP. TERRY WALSH reeled off four consecutive goals and set up another as Australia downed Malaysia SO in the opening match of the Olympic men's field hockey tournament yesterday. Walsh, a centre forward, scored three of his goals after the half as
      AFP.  -  147 words
  • Page 6 Advertisements
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      188 words

  • MONEY AND EXCHANGES
    • Article, Illustration
      499 7 SINGAPORE: The US dollar closed higher yesterday ggainst most major currencies in fairly active trading. Firmer US Federal funds rates, the Federal Reserve's move to drain reserves through weekend reverse repurchase agreements and the better-than-expected US merchandise trade figures far June were factors supporting the dollar. The dollar
      499 words
    • 344 7 ASIAN dollar deposit rates yesterday closed steady at firmer opening levels in quiet afternoon trading. Period rates firmed between 1/16 and 3/16 points initially on the Federal Reserve's move to drain reserves through weekend reverse repurchase agreements. Asian dollar CD rates held steady at firmer opening levels
      344 words
    • 297 7 SINGAPORE Futures closed lower in moderately active trading yesterday, due to a firmer US dollar. December, the only traded position with a turnover of 695 lots, closed easier at U*****.50 an ounce compared with New York's Friday $353.00/ 356.50 close. HONGKONG The metal closed lower yesterday at U*****.00/50 an
      297 words
    • 190 7 Interbank rates at 3pm Cwrsoetee nominal rate* imtthiawtoH Local dolors to on# unit o4 foreign fMlodyw Mm a rOM portly cvrrtocy! US dolor Storing pound Australian dolor NZ dolor Canodkm dolor 2.1566 2.8167 1.7862 1.0663 1 6382 2.1578 2.8195 1.7886 1 0681 1 6394 2.8196 7.3469 3.4286 3.4286
      190 words
    • 130 7 THE OVERNIGHT rate rose by 5/16-point to close at 7V4 per cent on the Singapore interbank money market yesterday. Term rates for the one, two and three-month maturities rose by 1/16-point across-the-board compared with last Friday's closing. S$ interbank rotes m at 3pm yesterday OH« Sid Overnight 7
      130 words
  • BANKING AND FINANCE
    • 272 7 AP THE PHILIPPINES' largest savings bank plans to reopen its 89 branches tomorrow, ending a nine-day "bank holiday" which bank officials blamed on the central bank's failure to advance needed cash. Orlando Samson, senior vicepresident of Banco Filipino, says the bank is applying to
      AP  -  272 words
    • 244 7 Reuter ARGENTINA has begun repaying Latin American nations US$9OO million lent as part of a March 31 rescue package in an operation tjiat will be completed next week, says central bank vice-president Leopoldo Portnoy. He said Argentina had already paid
      Reuter  -  244 words
    • 189 7 Reuter THE BANK for International Settlements has reported a marked improvement in the balance of payments situation of Opec oil-producing countries. In its latest quarterly report on international banking developments, it said deposits with banks in major non-communist industrial countries from Opec member
      Reuter  -  189 words
    • 271 7 AP BRAZIL wants to pay off its huge foreign debt under the same conditions the international banking community recently granted Mexico and Argentina, says Finance Minister Ernane Galveas in Rio de Janeiro. Brazil is the holder of the Third World's
      AP  -  271 words
    • 585 7 Reuter INTERNATIONAL bank lending rose sharply in the first quarter of 1984, compared with the same period in 1963, the Bank for International Settlements (BIS) said. Its international hanirjng report, based on returns from banks in major non-communist industrial nations, showed international credit rose
      Reuter  -  585 words
    • 85 7 AFP THE DOLLAR will rise to new heights in August against sterling, mark and French franc, Manufacturers Hanover Trust says in its magazine Currency Profiles. The bank's analysts forecast that the dollar would remain strong as the result of the buoyant US economy, rising
      AFP  -  85 words
  • Page 7 Advertisements
    • 104 7 Impress m v:~ a Js x X 1 > I ■V I J N V c i Wine and dine your clients at The Captain's Table. Close a business deal, dictate a letter, send a telex at The Businessmen's Centre, an office away from the office. Work out at the
      104 words

  • FEATURES
    • 532 8 A TURNAROUND in stock market sentiment tends to occur when least expected and when practically everyone is either bearish or cautious. Many a self-styled market guru will have advised his keen followers to watch out closely for such a situation, which may be followed quickly by
      532 words
    • 554 8 In its editorial on July 26, reprinted here, The New York Times took a closer look at President Reagan's promise not to raise taxes if he is re-elected in November. NYT HOW MUCH for your vote? So Ronald Reagan will settle for being the candidate
      NYT  -  554 words
    • 420 8  -  By DILIP GANGULY AFP INDIA, THE WORLD'S top exporter of finished diamonds, is facing a crisis from slumping sales of the smaller gems in the West, new competition from China and a dispute over New Delhi's membership of the world's diamond trade body. Indian-owned companies
      AFP  -  420 words
    • 492 8 Reuter TICKET scalpers were the first to strike gold at the 1964 Olympics in Los Angeles. This enterprising group of people sold seats for the opening ceremony at prices up to US$l,OOO five times face value as hundreds of people turned up at
      Reuter  -  492 words
    • 1594 9  -  INDONESIA appears to be one developing country that takes its own promises seriously and takes obvious pride in so doing. Its promises are laid down in five-year plans. The fourth such plan has come into effect this fiscal year. Economics Correspondent ZHOU MEI outlines the
      Source: Repelita IV  -  1,594 words
    • 748 9 THE WORLD BANK would surely be delighted if there were more developing countries like Indonesia. To those who have kept track of its development, Indonesia's management in the post-Surkarno era has, by and large, been consistently and exemplarily prudent and cautious. In recent
      748 words
    • 403 9  -  By RALPH WAKLEY UPI TIE AN ITALIAN'S hands behind his back and you might as well cut out his tongue, so the saying goes. A University of Southern California professor says Italians are not the only people who use body language to communicate, and
      UPI  -  403 words
  • Page 8 Advertisements
    • 155 8 Kisl A little space can earn you $3,000 or more a month With only 15,000 (franchise fee) and 4 sq. metres (40 sq. ft.) of spare shop space you can earn $3,000 or more a month. How? By being part of the world's largest chain of Kis photo express outlets.
      155 words
  • Page 8 Miscellaneous
    • 1247 8 TO TO H HIGHLIGHT CHRONICLE: WHOSE ART IS IT ANYWAY? B.oopm Channel 12 Certain ex-colonial countries, mainly in Asia and Africa, are claiming that some works of art in western collections should be returned to take their place as part of the heritoge of those countries. A fierce denote is
      1,247 words

  • Page 9 Advertisements
    • 174 9 Running short of good ideas? s VS& ft M A m r> fjt i Impurities, dust, germs and smoke in the air cause bleary eyes and create a general feeling of drowsiness and lethargy. When such a feeling pervades your conference, the ideas presented are likely to be just as
      174 words
  • Page 9 Miscellaneous
    • 652 9 iuWIO mmnsm CRYPTIC PUZZLE ACROSS 3 Shooing broke! (5) 8 A certain pressure on a nobiemon (5) 10 A duck as is found in a fertfc spot (5) 11 Graft's contribution to colour TV (3) 12 They attract many pools punters (5) 13 Possibly a hungry tond (7) 15 Some
      652 words

  • INTERNATIONAL COMPANY NEWS
    • 884 10 Shearson and Grindlays take stakes in two brokers FT THE FINANCIAL revolution in the City of London gained fresh momentum last week with the link-up announced of Shearson Lehman-American Express with L Messel and Grindlays Holdings with Capel-Cure Myers. Talks between Grindlays and Ca pel-Cure
      FT  -  884 words
    • 215 10 THE HONGKONG and Shanghai Banking Corporation and Citibank NA have concluded the sale of the UK-registered Mercantile Bank to Citibank. Details of the transaction were originally published on May 21. Mercantile was originally acquired by Hongkong Bank in 1959, and in recent
      215 words
    • 384 10 AFP WHILE the world's top athletes are already into the business of having a crack at gold medals, another heated Olympic competition between Japan and the United States has already begun outside the sporting arenas. The name of the game is a film
      AFP  -  384 words
    • 227 10 Reuter AB VOLVO'S car division, its biggest profit-earner last year, is expecting to improve on its record 1983 performance this year, according to managing director Roger Holt back. Mr Holtback declined to give a detailed forecast ahead of AB Volvo's August 29 interim
      Reuter  -  227 words
    • 141 10 Reuter THERE should be no change in. the downward trend of the West German stock market and even a temporary recovery looks un- likely, Commerzbank AG said. It said negative factors depressing the market, such as the dollar's recent rise to 11 Viyear highs
      Reuter  -  141 words
  • Page 10 Advertisements
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      104 words
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      135 words

  • ASIAN STOCKS
    • 354 11 HONGKONG: Share prices finished higher yesterday after positive remarks by Chinese officials on British Foreign Secretary Geoffrey Howe's visit to Beijing to discuss Hongkong's future. The Hang Seng Index rose 16.69 points to 802.68, the first time in a fortnight it has ended above the 800 mark. Among the
      354 words
    • 204 11 JULY 30 NT 10 -02 Cham Indus ban Hwo India Nan Yo Plas 22 20 1330 31.50 +0.3 +0.5 04 25 40 0.1 28.90 1.3 Cathay Con* 2980 59 SO ■0.2 +05 Pacific Elact Wire 19 10 02 23.60 -2.2 Poduna Pop«r 2 35 -0.07 26 20 23.00 03
      204 words
    • 370 11 TOKYO: Share prices closed lower in quiet lacklustre trading yesterday with investors generally holding off in the absence of encouraging factors. International populars turned lower following the yen decline against the dollar yesterday morning. A yen recovery in the afternoon failed to stimulate the market. The Tokyo Stock Exchange
      370 words
    • 83 11 July 30 Won -62 Hyi«>dai Corp Hyundai Motor KAL 950 675 460 730 20 +4 25 20 Chohaung Bk Commancol Bk 652 682 610 unch -5 •15 Koraa Oi Koraa Sh*> Lucky Ltd 1266 430 813 6 unch 4 Doawoo Cocp Doawoo knd Dong Ah Gold Stor 520 628
      83 words
    • 410 11 SYDNEY: Share markets closed barely steady yesterday in nervous trading affected by the weakness of the Australian dollar against its US counterpart. Near the close, the All Ordinaries Index was up 1.4 at 682.3, the All Industrials Index was up 0.7 at 977.6 and the All Resources Index was
      410 words
    • 194 11 BANGKOK: Share prices closed mixed yesterday with losses and gains about equal in quiet trading. The Book Club Index fell 0.10 point to 118.06 on turnover of 12.5 million baht with 74,019 shares changing bands. Bangkok Bank lost two baht to 228 and Bank of Ayudhaya Ltd one to
      194 words
    • 106 11 MANILA: Share prices closed mixed yesterday in dull trading with the Commericial and Industrial Index down 1.77 at 112.47 and the Mining Index up 0.91 at 952.06. The Oil Index was unchanged at 0.743. San Miguel "A" closed at 15.00 compared with a previous 15.25. JULY 30 fata* Orwwal
      106 words
    • 56 11 Reuter LONDON'S Dorchester Hotel has been sold by the present owners, a Middle Eastern syndicate, to Hongkong-based Regent International Hotels for over £40 million, says a spokeswoman for Regent International. Regent International has hotels in the US, Asia and Australia but the purchase of Dorchester is
      Reuter  -  56 words
    • 224 11 Bernama RADAR IKHBAR SYSTEM Sdn Bhd (RIS) has been appointed the first major original equipment manufacturer in the Asia Pacific region for a US computer group, Convergent Technologies (CT). An RIS statement says the company, a member of the Lam Soon group of companies,
      Bernama  -  224 words
    • 175 11 Reuter KOMATSU says-it has lowered its forecast of parent company taxed profit and sales for 1964 because of poor exports to the Middle East, especially Iran. A spokesman says the company now forecasts this year's taxed profit at 26 billion yen and sales at 600 billion yen,
      Reuter  -  175 words
    • 299 11 Reuter A SENIOR Broken Hill Proprietary Co Ltd (BHP) official said he expects a sales agreement for the export phase of the Australian North West Shelf gas project to be signed by the end of 1984. The executive general manager of BHP Petroleum
      Reuter  -  299 words
    • 161 11 Reuter BROKEN Hill Pty Go (BHP) hopes to receive a share in productive British North Sea oil acreage in the upcoming ninth round of licence allocations, (BHP Petroleum Pty Ltd) executive general manager Russell Fynmore said. BHP wants a small cash flow
      Reuter  -  161 words
  • Page 11 Advertisements
    • 167 11 421 id wlae, diiwi mm tiu««i<a.i FSlWBa*s.* ul ;> .."'V*"? t >/ -'tW* f- V v> m "31 J *Kb ILight up your evenings with SATYN i/rIJ Ufa group of four dynamic entertainers, who'll delight you with their versatility and talent. See them in action, Mondays to Saturdays from 6
      167 words
    • 74 11 I 4, lack Vm y/ Just the right touch of niciqic to turn your night into Gold. Musu hi Bun hiits l>:[t r>h;t',j r .>? >r 1< > JUS < «mi(iii*\ I *]ii'k I<'■>]n< »ii S»ii i^>°]i|k »■*<' 4km(wix (ml{join JJs.fUyUumrnJ f A* Now, there is a selection of wines
      74 words
    • 88 11 We're blasting off tonight and every night at Para Wave Discotheque. Take off to the stars... groove to the pulsating rhythms spun by the dynamic music makers, Sotosa Sound Services. BuilnMi Hour* A Flrat Drink Charge Waakday* Sundays 9pm-2am; Frt, Sat Eva of PuMe HoMayc 9pm-3am; $23 LEVEL 4, Paramount
      88 words
    • 84 11 A different buffet everyday to whet jour appetite. One of the biggest choices anywhere. Plus the Winery, Patisserie. Home-made ices. Real Italian Espresso. Luncheon Buffet: Daily 12 noon 2.30 pm. Dinner Buffet: Daily 7 pm 10.30 pm. Adults $19.50* Children $15.50* ff flgg] 'A lfl\ Vniiff.'hmi jhJ it —ii—(.onntnuHi Ij\
      84 words
    • 107 11 we serve pound tbe k r. z> ft 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
      107 words

  • RAW MATERIALS
    • 355 12 NYT WITH SOVIET grain production going through one of the most vulnerable phases of its growing season, western agricultural experts are focusing their attention on the Volga River Basin, where hot, dry weather poses a threat to the crop. The duration and
      NYT  -  355 words
    • 95 12 THE Straits tin price 1m Peuig yesterday fell tws cents to the ITA fleer level ef Ms2t.ls per Idle en lack of demand. Dealers said the buffer stock manager abnerbed the balk of the disposals with little sappert from leeal Interests and abseaee ef foreign baying despite a
      95 words
    • 163 12 MALAYSIAN crude palm oil prices yesterday eased from the day's highs on profit-taking and speculative selling to close mixed. Dealers said reports of India's purchase of processed palm oil at its vegetable oil tender earlier prompted light covering. Trading was quiet, with most operators sidelined following an uncertain
      163 words
    • 159 12 Yarn (fai HK$ per b«Je of 400 U>) China carded yarn, cones Blue Phoenix 16'« 3,450 Bfcje Phoenix 20s 3,550 Bfcje Phoenix 32'» 3,900 Bfcje Phoenix 40'» 4,350 Carded yorn, hank Blue Phoenix 21'* 3,600 Combed yarn, cones Blue Phoenix 32'» 5,500 Blue Phoenix 4ff% 5,600 Open-end yorn Bfcje
      159 words
    • 125 12 Reuter THE UNITED Coconut Association of the Philippines said it revised downwards its forecast for 1984 Philippine coconut production to 1.52 million tonnes in copra terms from 1.89 million forecast in February and compared with the 2.14 million output last year. The trade body said drought that
      Reuter  -  125 words
    • 283 12 SINGAPORE The market closed higher yesterday with August One RSS buyers quoted at 185.00 cents per kg, up three-quarter cent from last Friday. The morning session opened marginally higher following better London advices and thereafter fluctuated narrowly on light buying and profit-taking in quiet trading. Prices eased marginally in
      283 words
    • 279 12 RAS prices (in S centi/kiio, FOB m b ales) NOON CLOSE tnf 1 RSS prompt 182 75 183 75N 183 25 184 25N lot 1 RSS Aug 184.50 185.50 185.00 186 00' mt 1 RSS Sep 191.50 192.00 192 00 192.50 mt2RSS 179 00 180 00N 179
      279 words
    • 91 12 cant*/1 ton nJWtt) August September (currant mtti) (forward mtti) NOON NOON RAS iH/ytn StNtrs Bwy#f$ Stil*rt SSR20 186.00 I88.00N 187.00 189.00N SSR50 184 00 186 00N 185 00 187.00N MRELB Bwyan Stlltri Buyer* Ssllws SMRCV 233 50 235 50N 235 50 237.50N SMRL 233 50 235 50N
      91 words
    • 150 12 Chinese Product Exchange Robusra 20/25% FOB NSW Nutmeg 487 50 (S*U#rs noon closing i 8 I 110 FOB NSW 338 00 30 S$/100 kg) B W FOB NSW 239 00 Coconut oil Gambier Bufc FOB 215 00 228 00 FOB NSW 305 00 Old drum FOB New drum
      150 words
    • 283 12 Singapore (S$/luio, ei-godown) Thai white 100% 1st daw b (kangaroo) new crop 1 05 100% 2nd doss 077 100% 3rd dau 0.75 25% new crop No stock B-10% No stock Thai broken A-super 0.62 Special 0.55 Thai rice 55% No stock China rice 10% 0.92 15% No stock 25%
      283 words
    • 182 12 UPI THE JAPANESE government, bowing to pressure from the ruling LiberalDemocratic Party and farmers, agreed last Friday to raise the producer price of rice by 2.2 per cent over last year, officials said. The government officials said the price for this year's crop
      UPI  -  182 words
    • 794 12 COFFEE Robust* futures yesterday finished a lacklustre session of £9 a tonne below to £7 above Friday's close. September traded last at £2,215, after opening at £2,230. Physical markets were quiet. Terminal volume was restricted to 575 lots including 90 crosses. Yesterday, the daily price had risen to
      794 words
  • Page 12 Advertisements
    • 769 12 Republicßank Corporation FINANCIAL STATEMENTS CONSOLIDATED BALANCE SHEETS December 31 (USB in thousands) 1982 CONSOLIDATED STATEMENTS OP INCOME Years ended December 31 Cash and due from depository institutions: Cash and demand deposits Interest earning deposits Funds sold Market Value Investment 8 *****30 8 1,587,306 1,507.245 1,805,600 192.262 115,455 U.S. Treasury and
      769 words

  • SHARE INFORMATION
    • 4134 13 STRONG buying interest continued to fuel the Singapore stock market yesterday, sending prices sharply higher across the board for the third consecutive trading session. At the final bell, the Straits Times Industrial Index added a magical 28.22 points to 932.60 while the
      4,134 words
    • 253 13 SINGAPORE Rises Indices Eao 1440 70 My 27 My 90 SM Vmm 328 51 rrc.796.84 818.89 NST 755 45 VT tndifUi *****59 *****02 Smfai Smi 1000 40 8T 08/0S -96 +88 1 C S 710 +35 STWMM 904 38 982-60 Urn Hm 600 35 ST Fmh *****1
      253 words
    • 471 13 INVESTORS returned to the Kuala Lumpur stock market in large numbers yesterday and pushed up stock prices for the third consecutive day. Prices would have chalked up higher gains if not for some late profit-taking. Turnover soared to 15.27 million shares valued at M
      471 words
    • 4535 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of share* traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,535 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 571 14 WMsi tfaaja LAM GROUP Investments LTD has been recommended as a sound medium-term investment by Hongkong-based stockbroking firm Sun Hung Kai Securities (Pte) Ltd. As a specialist sub-contrac-tor, L&M has an edge over most other general contractors in the construction industry. Foreign competitors are unlikely
      571 words
    • 94 14 HONGKONG Australian Industrials Monday 977.6 Hong Seng Index Friday 976.9 Week ago 965.5 Monday 802.68 Friday 785.99 NEW YORK Week ago 747.02 Dow Jones TOKYO Friday 1114.62 Thursday 1107 55 Tokyo Dow Jones Week ago 1101.37 Monday *****.60 Standard and Poors Saturday *****.99 Fridoy 151.19 Week ago 9703.35
      94 words
    • 202 14 Managers' prices for July 31 Singapore Unit Trust The Commerce 3.24 3.44 The Savings Fund 2 00 2.12 S'pore Prog Fund 1.44 1.53 S pore Sec Fund 2.19 2 32 S'pore Invest Fund 122* 129* S'pore Equity Fund 1.44 1.53 Asia Unit Trust Mol Invest Fund 2.58 2.73
      202 words
    • 221 14 BUMIPUTRA Malaysia Finance (BMF) has filed a petition in Hongkong against Perak Pioneer Ltd, a private company closely affiliated with George Tan's defunct Carrian Group. The petition will be heard in the Hongkong Supreme Court on Sep 26. BMF also applied for a provisional liquidator to
      221 words
    • 3210 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur StAck Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Al«« HUo cd Alcorn (2 226) (2) 2.16 (2)
      3,210 words
    • 391 14 MALAYAN Cement Bhd has reported a slight improvement in its unaudited pre-tax earnings to M 523.3 million for the six months to May 31, 1964. But group turnover fell 6.4 per cent to $127.53 million. The bulk of its earnings came from the share
      391 words
    • 67 14 SIM LIM Iaveitmeata Limited: EGM on July at 11am in at 10 Jalan Besar, #17-00, Sim Lim Tower (0820). MALAYSIAN CMtelien (1174) Berfcad: 10th AGM on Aug 2 at noon in Booganvilla Suite 2, 1st Floor', Tower Block, Petaliag Jaya Hilton, Jalan Barat, Petaling Jaya, Selangor. METRO Haldiags
      67 words
    • 299 15  -  By CHAN OI CHEE THE PUBLIC issue of 20 million 50-cent shares, at $1.50 each, in Lee Kim Tah Holdings Ltd, ..looks set for a high level of subscription, in spite of its size. Preliminary response to the issue has been
      299 words
    • 831 15 SHARE prices closed narrowly mixed yesterday after a quiet session in which most operators, kept to the sidelines, dealers said. Yesterday's closing middle prices of selected stocks, excluding stamp duty, were: INDUSTRIALS My 30 P«K« ABad-Lyorw 153 1 AM. DoMM 14® +2 BTR PLC 419 unch Bobcocfc* 134
      831 words
    • 525 15 PILECON Engineering Sdn Bhd is to be the first major construction-based group to go (or a public flotation, with the imminent offer of 6.2 million shares of 50 Malaysian cents each priced at $1.20 per share. The company announced yesterday
      525 words
    • 149 15 VENEER Pradacts Ltd has proposed to change its name to Wannian Holdings Ltd. THE registered offices of Kaala SUtai Rubber Cm Bhd, Mugir Caeeaata Bhd, Malahaff Bhd and New flnrnalst Rahher Ca Bhd have moved to Wisma Boustead, 71, J&lan Raja Chulan, Kuala Lumpur. THE Malaysian Foreign Investment
      149 words
    • 888 15  -  By HOCK LOCK SIEW AGGRESSIVE Pan-Electric Industries Ltd is making ambitious plans for its hotel and property divisions with the aim of eventually floating them separately on the local stock market. Although the company is keeping quiet about its plans, the market is
      888 words
    • 338 15 HONGKONG-BASED Tai R»n g Land Development Ltd has appointed public accounting firm Fan, Mitchell and Co as its new financial advisers in connection with United Industrial Corporation's takeover offer. Fan, Mitchell replaces Sun Hung Kai International Ltd, which pulled out as financial representative last
      338 words
  • Page 14 Advertisements
    • 688 14 First Interstate Bank Of California Consolidated Balanca Shoot In thousands Drffnibit AI ASSETS 1983 1982 Net loons 12.751.524 13,220.142 Federol funds sold 1,209,902 1,252,544 Bank premises and equipment 376,042 321,605 Customers liability tor acceptances 1,279,145 1,051,51 1 Other assets 431.549 580.787 Total assets i20.f1W.3Mj21.313.045 LIABILITIES Deposits Demand $4,854,778 Demand-market interest
      688 words

  • Page 15 Advertisements
    • 156 15 Fixed Deposits 1 month *8 p.a. 10 3 months B'/«% p.a. 12 momhs 6 months BV*% p.a. 03/. 0/.119 9 months BVi% p.a. Savings 7% p.a (calculated daily) ON CALL 6%% p.a. All interest rates subject to change without notice. "Minimum $10,000 Minimum $2,500 GoHfcrS* PROPERTY LOANS 999.9 fimneit denominations:
      156 words
    • 212 15 Malayan United Manufacturing Berhad (Incorporated in Malaysia) INTERIM RESULTS FOR THE HALF YEAR ENDED 30TH JUNE 1984 The Directors of Malayan United Manufacturing Berhad are pleased to announce the unaudited results of the Group and the Company for the half year ended 30th June 1984. Gross Revenue Profit Before Taxation
      212 words

  • 371 16  -  By CHUANG PECK MING EMPLOYERS have given their full backing to the latest changes in the Employment Act. They hailed the move as indicative of the government's readiness to keep up with the times and were confident that the changes would improve ties between employers
    371 words
  • 137 16 UPI CHINESE officials said yesterday that British Foreign Secretary Sir Geoffrey Howe would meet China's paramount leader Deng Xiaoping today to round off four days of productive talks on Hongkong's future. Mr Deng's decision to receive Sir Geoffrey appeared to confirm the positive
    UPI  -  137 words
  • 417 16 ALL USERS of the Civil Service Communicating Word Processor Network (CWPnet) will be connected to an electronic mail system, known as Telebox, by Oct 1. Under this plan, implemented by the management services department of the Ministry of Finance, each communicating word
    417 words
  • 280 16 Reuter HENRY KAUFMAN, chief economist of Salomon Brothers Inc, said yesterday that the explosion in demand for credit may drive US interest rates higher, despite signs that the Federal Reserve is not about to tighten monetary policy. "The demand for credit is
    Reuter  -  280 words
  • 60 16 Reuter THE US DOLLAR yesterday reached an 11 Vi -year high above 2.90 Deutsc he marks in London with dealers building speculative long dollar positions on expectations that US markets will take the currency higher during the day. The dollar reached a 2.9010 mark high,
    Reuter  -  60 words
  • 408 16  - Biggest rise of US$7.3bn for Asian dollar market in May By AMY BALAN THE ASIAN dollar market surged by US$7.3 billion to US$l22 billion in May the largest monthly increase in many years. The increase, however, contrasted sharply with the contraction in activities seen in the local banking sector in
    408 words
  • 327 16  -  By ANNA TEO THE STORY of this year's colourful National Day floats procession is about "moving skeletons". Three of the 13 floats from the Singapore Tourist. Promotion Board, the Singapore Handicraft Centre and the Jurong Town Corporation are unlike the usual floats; they
    327 words
  • 61 16 WALL Street stock prices were slightly lower yesterday morning as investors took profits accumulated during last week's rally. The Dow Jones Industrial Average, which climbed over 13 points last week, was down about four points to 1110. Overall, losers outpaced gainers slightly. The market rallied last week
    61 words
  • LATE FILE
    • 48 16 Reuter NINETEEN people were trampled to death, and 44 others injured, yesterday when more than 2,000 persons fought over free food and money being distributed by the Pathum Rangsi Association, a Buddhist group in Bangkok. At least 14 of the victims were children
      Reuter  -  48 words
    • 46 16 Bernama THE Commonwealth Fugitive Criminals (Amendment) Act, 1984, passed by the Malaysian Parliament yesterday, will enable the repatriation from Brunei of criminals, including drug traffickers, to be tried according to Malaysian laws, said Deputy Home Affairs Minister Radzi Sheikh Ahmad yesterday. Beraa-
      Bernama  -  46 words
    • 26 16 Reuter MANILA police have detained five suspected subversives believed responsible (or anti-government demonstrations in the Philippines, said major-general Prosper© Olivas yesterday. Reuter
      Reuter  -  26 words
    • 49 16 Reuter ZAIREAN leader Mobutu Sese Seko looked set yesterday to win almost 100 per cent backing in a weekend presidential poll in which he was the only candidate. About 20 million Zaireans were to say 'yes' or *00' to Mr Mobutu's continued 19year rule. Reuter
      Reuter  -  49 words
    • 56 16 Reuter THE South Wales area of the mineworkers' union yesterday said it would not cooperate with the courts in imposing a £50,000 fine. "We are carrying out national union policy of total noncooperation with the courts in relation to the anti-trade union laws passed by
      Reuter  -  56 words
    • 40 16 Bernama THE Malaysian currency is strong and stable despite the fluctuating international money market situation. Deputy Finance Minister Datuk Sabaruddin Chik said yesterday that this was due to the country's encouraging economic performance and abundant natural resources.
      Bernama  -  40 words
    • 34 16 THE committee of inquiry set up to investigate the BMF affair is expected to submit an interim report at the end of August, said Malaysian Finance Minister Daim Zainuddin yesterday.
      34 words
  • Page 16 Advertisements
    • 179 16 Clinomint is good for smokers and anyone else who desires healthier, whiter teeth Clinomint gel is a uniquely formulated toothpaste with Fbtynam II (TM). an effective cleansing agent that safety removes tobacco tea. coffee and other stains from teeth without harming your enamel Clinomint contains fluoride and natural mint for
      179 words
    • 458 16 1 International Conference on SECURITIES REGULATION, INSIDER TRADING, TAKEOVERS AND MERGERS lOth-llth August 1984 SINGAPORE PROF LOUIS LOSS HARVARD PROFESSOR W A AUTHOR ATTORNEY 1 GOVERNMENTAL f 1 Cromwell Professor at Harvard Law School and I formerly visiting Professor at Yale. London and J flWjl others: Sometime Consultant to International
      458 words
  • Page 16 Miscellaneous
    • 54 16 Outlook for today: Foir; Showers in o few areos in the afternoon. Report for 24 hours prior to 7.30pm on July 30 at the airport: Maximum temperature 32.1 Associated humidity 59 Minimum temperature 25.2 Associated humidity 96 Hours of sunshine 11.20 Roinfoll in millimetres Troce Rainfall this month 125.9 Rainy
      54 words

  • SHIPPING TIMES
    • 216 17 Opecna THE NIGERIAN National Shipping Line (NNSL) has dropped the second phase of its expansion programme, to have cost US$4OO million, according to a source at the Lagos Ministry of Transport and Aviation. The source said the phase was dropped because of the decline
      Opecna  -  216 words
    • 138 17 Reuter INDIA IS likely to change its shipbreaking policy by allowing scrapping of Indian ships within the country to help shipbreaking industries. The government will announce shortly that domestic ships may be scrapped at the country's principal shipbreaking yards at Alang in western Gujurat state,
      Reuter  -  138 words
    • 407 17  -  By G DURAIRAJ REPAIR WORK is on schedule at the container wharf in Port Kelang, which was damaged earlier this year. A container ship, the Chevalier Paul, collided head-on against the wharf while moving into Berth 10 of the container terminal. The repair
      407 words
    • PORTSIDES
      • 109 17 Reuter MEMBER LINES of the Japan-Puerto Rico and Virgin Islands Freight Conference said the bunker surcharge to be introduced on Aug 1 will be US$l3/revenue tonne and not the originallyplanned $19. The current surcharge is $14. Member lines of four Japan/Korea Freight Conferences said the $15/ revenue tonne
        Reuter  -  109 words
      • 135 17 UPI COAST GUARD and emergency crews in Houston began unloading some 7,000 cylinders of aluminum phosphide insecticide from an Argentine freighter where a chemical explosion killed one man and injured eight. "The explosion did not damage the freighter and it should be ready to sail to its destination
        UPI  -  135 words
    • 659 17 Shipping Um c«t •MpptafUne Page Coi Ateo VI 3 Fronco-Belg 4/5 Ahrenkiel Lintr VI 5 Frato Shpg VI 2 Alpoc VI s Freight Links VI 4 Antoro Shpg IV 1 Frota V 1 A PC Line V 4 Fupwora Lne IV 5 APL 4/5 Globe Une VI
      659 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. Ctao Yang Shipping. AMRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd
      190 words
    • 1527 18 Maritime Asia "WHEN is a container terminal at saturation point?" Going by some recent press reports, terminal managers at Hongkong's Kwai Chung container port may be the right people to ask. Kwai Chung has a theoretical capacity of 1.55 million TEUs a year, but
      Maritime Asia  -  1,527 words
    • 1766 18 FAIRLY active grain and timecharter fixing featured the freight market on Friday with ore shippers showing more interest, brokers said. A vessel was booked for soyabean meal from the Mississippi to Puerto Cabello and Maracaibo at USUI.2S basis one discharge port or $11.75 for two ports while $7.75
      1,766 words
    • 250 19 UPI RELATIVES of five men who died in the sinking of a drilling ship in the South China Sea filed a lawsuit seeking more than US$l2O million in damages from owners and operators of the ship. The suit, filed last Friday against Global Marine
      UPI  -  250 words
    • 503 19 CONFERENCE leaders in the trans-Pacific trades are to meet their most powerful independent rivals in an attempt to reach a new accord on rates. Members of the Pacific Westbound Conference have asked for talks with Evergreen Line, Yang Ming and Orient Overseas Container
      503 words
    • 234 19 AMERICAN President Companies announced the highest quarterly earnings in its 137-year history. Second quarter earnings totailed US$2B.9 million, or s 2 49 per share, for the 1229 19M. compared with $10.4 million, or $0.90 per share, for the 13-week calendar quarter ending June 30, 1983. Revenues
      234 words
    • 368 19 WITH A cash offer of £66 million, Sea Containers president James Sherwood has outbid his opposition and bought the United Kingdom's state-owned ferry and harbour company, Sealink. Previously a subsidiary of the British Railways Board (BRB), Sealink will be owned by a new
      368 words
    • 104 19 THE PORT of Los Angeles has assured carriers and shippers that the cargo flow in and out of the southern California port should not be seriously hampered during the upcoming Olympic Games. The port publicised those assurances after getting reports that freight forwarders in the Pacific
      104 words
    • 5449 24 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 Singapore.
      5,449 words
    • 695 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Siri Bhum 179N 31.7 84 2300 S'pore Shpg TA 3 1000-1100 Jl Mont Blanc M 52/544 31.7.84 2359 MOSK FSB 1000-1200 B6 Kawachi Maru 51
      695 words
    • 1604 25 The leading shipping lines operating from local ports and their agents. A-B APE A African Shipping Agencies (S) Alt»-EvmU Um Transgroup (S) AhreahM I larr Sfrvk* Kim Shpg (S) Aifrod C TwipN* Oceania Shipping Agency (S) Marlntex Enterprise (PK). AlpM Ln i rase a (S) Bintang
      1,604 words
    • 478 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Aquarius Bright 6/7 S'pore Shpg alongside 31.7.84/1500 Athenian Spirit 35/6 BOR alongside 31.7.84/0700 Builder 22 T Soon alongside 31.7.84/2300 Iwerl 45A Pelnl alongside 31.7.84/0600 Kota Berkat 10/11 PIL alongside 31.7.84/0600 Warsak 13/4 E Maritime alongside 31.7.84/1830 Yamasugl
      478 words
    • 335 26 AFP RATES continued their decline on the tanker market last week as tonnage and crude oil supplies remained abundant. The expected increase in activity following the reduction in the premiums for war risk insurance in the Gulf states area failed to materialise, although a small number of supertankers
      AFP  -  335 words
    • 464 26 ialy 21-Aag 11 Galbraith's 1984 shipping course (details: Galbraith's, 88 Fenchurch St, London EC3). Aag 7-lf Insurance course (or managers of Arab companies organised by LLoyd's of London Press in association with the General Arab Insurance Federation, the Hilton International, London. Al| 3# Sf pt International exhibition on
      464 words
  • Page 17 Advertisements
    • 627 17 of ta CONSttTIH FULL FULLY CONTAINERISED SERVICE! FAR EAST/EUROPE NEXT LOADER TO LM/tt/FVHA/MI/AT FtOM CROWN MMK CO (TIE) LTD TQ ***** M Kl (fST) Tit 7230(4 FormocedelsHe refer pege IV $nr> -IAKDIXK A NT AH OSEALORDE ORIENT OVEHJEAS CotdaiMt\ LINE FULLY CONTAINERISED SERVICE UASC UNITED ARAB SHIPPING CO SAG/ NATIONAL
      627 words
    • 28 17 L: (PJ) *****5 PENANG TEL: ***** J nil 1 -1 1 ■S3 i«i ?!i yw Yofcohama Jul 19 Jul 23 Jul 26 Jul 30 Aug 2 Aug 6
      28 words
    • 657 17 ,r h B ALT-ORIENT LINE —"Mt Battk SNPPint C° Regular Smicts from South East Aria t* i-T^i« line EXPORT FASTEST SERVICE TO USA lA' nII (.111 \1 I ||< lASI.AN Ai IA I\| ,\NJ» I 1. i:.i i" *7~i b Port 7/1 14/1 21/1 21/1 1/5 2/9 1/9 9/9 15/9
      657 words

  • Page 18 Advertisements
    • 207 18 Vessel. I S port Saded I MNON 5/8 IS EDO FAR EAST/EUROPE CONTAINER SERVICE From Europe 1) Barcelona. Genoa. 2) Amsterdam Antwerp. L Hawe, Basle, UK. 3) Bremen Bremerfta»en Aarhvv Copeidiafcn, MMi 4) Uim. StodMn, Oslo •Accepting Europe carjo tor (coder na S pore 'Also dvoct carpi tor Spore I
      207 words
    • 338 18 m Y.S. LINE YAM A ***** A-SHINNIHON LINE CONTAINER SERVICES USA/CANADA rKInC oOUIn Ifffl rtCITK fVOfln Wffl Fwdtr at Tokyo Foodor at Kobo Atlantic/Canada Foodor at Kobo ■KM in turn 11/11 1/11 13/11 a/11 ant a/n Ateo accepting LCL Cargo tor USA Ports only. TNm acc*a« urp to Mm I
      338 words

  • Page 19 Advertisements
    • 521 19 The Straits Steamship Group QCC Overseas Containers Limited Wi STRAITS SHAPING Singapore to Sabah, jnwilf. Brunei Porta and Bangkok IONTAINERSHIP SERVICE TO UK CONTINENT mm r--1X1! illJ v'la 1 CONTAINERSHIP SERVICE FROM UK CONTINENT Roth •2/1 I W. KS "I"*!" •2/1 OU. U TK. NC M/t W, US 14/1 NK.KS
      521 words
    • 469 19 Franco Belgian Services #v uv *i bt r vln /jr JWUUM run, cowmbb rrm r. hum l« h»w» fdm hm rum* m IN 2N Shi 21% n N atai xh< a N sratajuno E UN UN »h| »k| tm MSf Hhp OfWBfMl 22 N 23 N lit* UN 13 S*
      469 words

  • Page 20 Advertisements
    • 457 20 Hapag-Uoyd 10 COWTINI NT UK EXPORTS FROM CONTINENT OK IMPORTS Agents SEGANI J4V466 K lumpur 4X31 1 1 *****9 48i354 8,10, ""S 44/18.8 P Krbng 18/318 CTS 3892/8 frw t ht .'*****0 Penan,. 160/5/ 3/3483 3.'31h3 CfS ??K? V ??0%33 ANTARA SHIPPING SDN BHD No 36 )ALAN BERANGAN PELABUHAN KELANG
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    • 418 20 F 10/1/4 ih tt *l o**nas '.j*. FULLY CONTAINERISED SERVICE TO EUR Off VIA SUEZ 1 of the Ace Comortwm FROM EUROPE VIA SUE/ J A Memoef of the Ace Consortium Spare HHw| Kimhuif Buun Iok»o 5/8 9 8 10/8 13/1 15/8 10/8 14/8 15/8 18/8 22/8 17/8 21/8 22/8
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    • 439 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCCPTMG fa t ICI cahgoTS see nu me ik ni ton an* ih» iMilfnc 01 M 11/ M ?1 01 ?)/M 25/ M ?7/OC 71 01 (mi Gran M/M »/M 11/ M 12/09 M/HH/ND/H ErtrGrttl 19/ OS M/M 11/ M 12/ M 14/MIVMI7/M also
      439 words
    • 677 20 w M.ltf .»lkU tGAMBELA KKblu. S kan. Tawau 1 WOMOH SATU KKblu. Stun. Tawau 1/6 Aug 7/ t RITA KKblu. SUn 4/10 Aug 11/13 Aug THATI SENANG KKUu. S Un. Tawau 7/14 Aug 15/17 Aug THATI SAW KKbiu. S kan. Tawau 19/25 Aug 26/28 Aug t ACCEPTING CARGO FOR PALLETIZATION
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    • 186 20 Vfl US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES B. tofcav B SBHGAPORI SINOSf MARiTa* PTE lID 111 *****14/7 i *****70 PORT «L««C MALOSI MARITMI SON BHD Id *****2/3 pfNWIG MALAYSIA IRAK t TRANSPORT LTD Td ***** t ***** TO PAPUA NEW GUINEA/
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  • Page 21 Advertisements
    • 650 21 PIL GROUP EAST AFRICA/REDSEA SERVICES 2 w-» KARACHI/P GULF SERVICES SPORE KARACHI DUBAI rrrn 24-27/1 20-24/9 4-15/9 4-12/10 14-21/9 15-14/10 24-30/9 19-22/10 COLOMBO/CHITTAGONG/RANGOON SERVICES KOTA BERJAYA BANGKOK DIRECT SERVICES KOTA RIA VOV: 10/14 INDONESIA SERVICES KOTA PELANQI PACIFIC INTERNATIONAL LINES PTE LTD PIL BLDG., 140 Cecil Street, 03-00 S'pore 0106
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    • 830 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO MOT [twrpaoi Brtmtn Eiprm STRAITS STORE t KEIANG UK HMI 4/1 l/l 21/1 29/1 2/1 14/1 1/9 1n •/i ?i/i in i/» C/l 21/ I 11/9 11/9 1/9 1/9 23/9 29/9 2/9 14/9 2/11 4/11 •/9 22/9 9/11 U/ll 7/9 29/9 17/11
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    • 312 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S'pore Service Ful Container Vessel Buun Wo Kobe K* Spore Iffnok luinj shunt GO*A VlO-0B 11/7 14/7 U/7 20/7 l/« 2/1 EXPRESS SEMI-CONTAINER SERVICE TO/FROM STORE P KELANGRDAM/ TLBURY/ HBURG/ MfFKEW ADA* LONDON BREMEN SOWAIVSNB 31/74/1 S/« 30/1 2/5 4/9 S/9 GANDA GAMA
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    • 483 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPINC CORPORATION (Burmese National Line) Loadng for Rangoon S'pore P.Kelong Pertong Sit-twoy* VlB Gdn.47/31 July Bossein** V6B 5/7 Aug 2/3 Aug Htone Ywo V 194 8 9/11 Aug 5/7 Aug •LOADING FOR HONGKONG JAPAN LOADING FOR HAMBURG, ROTTERDAM, ANTWERP BANK LINE EXPRESS DEPENDENT SERVICE
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  • Page 22 Advertisements
    • 778 22 k. ECUADOR/PERU/CHILE FEEDER MOTXI *SL SPOK RANSAI nOKDt *3t SEA ENCOMMOCNT 2 Au( K LINE KAWASAKI KISEN KAISHA, LTD. GUAYAQUIL CALLAO 2t S«p 2 Oct ANTOf ACUTA »ALPABMSO S MTOHO I Oct 11 Oct 13 Oct TAIWAN-JAPAN-CHINA ALSO ACarmt: SHANGHAI. HSMGRANG. TSMGTAO. MOJL NAHA. SHM2U MA ROK SOUTH AFRICA (M
      778 words
    • 477 22 —J. Accepting Br**kbulk and containerised cargoes Direct to South Africa South Africa Accepting Container I 6'fan bull S A Mo(t GOB TO V 093 SA CONSTANTIA 043 SA VAAL V.6314F MB) COLOMBO V.6412F NED CaOMO *****G OSAKA MAMJ 1(1 IK SA CONSTANTIA V. OX Spart Dwtan Bar 20/0 13/9 23/9
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    • 471 22 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTANtER/REEFER/RIKK SERVICE lM*t( Mr LOS RNKIiV SiHI FRAHCBCO SUTTU TACOAM. VANCOUVER IX a cif* Ea/ra ci—i f Man Severe I. tapm MBMTT 11 tm u/il R* is!? AUSTRALIA EXPRESS CONTAINER SERVICE Accept fa/fa Mm ri *l Mb IM Sf* AM ectepb r."sr .v,- mmmr 12/13
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    • 465 22 SANKO ASIA LLNTL FMOM JAPANESE PORTS ANO HONGKONG 1 GREAT MOUNT 2 TERM) 3 KGENT RUTH 4 DM IMB 6 GO JONG ROYONG 7 SCBHO MAM Gdn 19/1 Aug i 3 km 4/8 Aug 7/9 Aug 11/13 Aug P Kaiang M ft/31 M MPwt/1 Aug 2/3 a* 4/5 Ami 7/1
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    • 289 22 INTRASEA t PTE LTD 10 Anso' l Road =27 16 Internationa' P.a/a Smqapo'e 0207 Tel *****11 ilO Lines' O t••i 'ft irv*t.t BREAKBULK SERVICE TB EUROPE/UK MAGK STM MOM ROTT/lIIT, /UJt.(AVON) P.T. KALIMANTAN SHIPPING CO. LTD. I*l AN IMIAH KHkm 1/3 l?b iAKMIA HI 334i8M U37% KALIMANTAN SHIPPING PTE. LTD.
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  • Page 23 Advertisements
    • 622 23 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): K JACEJM 25N+.... TW BRDGE 21N. 0 CHEF 40W C PMJL 4IN HK CONTMO 41N. C CONTAINER 27*.... ">* ACf Also accepting cargo to/from Scandinavia K JACEJIN S pore Closing Times: Fa Cargo 0400 1/8 LCI Cargo 1600 31/7 FROM EUROPE
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    • 577 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. BUSAN. INCHON Soorr HA ME MCHOM BUSAN Mi Dm 403N 31 Dna/MW l/l 7/1 12/1 11/t 22/1 n/t 77/1 1/9 t/9 11/» Hi 7 Donjm 406N 11/1 IS/I Na I Dmb/40M 119/1 21/1 No 9 Daunt 404N 2/1 1/9
      577 words
    • 624 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULOMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lfces) Cable Address SttSOV SINGAPORE RS aiM P KELANG M/S SHARKAT RAH SOON SON. M). IST ANO ?NO FLOOR NO 1. IALAN CEMPEMNG. PORT KLANG. MALAYSIA Tel *****6/8 Tetei No ***** MESSRS
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    • 101 23 ahrenkiel liner service gmbh DURBAN JOHANNESBURG.MAPUTO MAURITIUS ft RFUNION WESTBOUND SAMAT 12AW/S4 MARI BOEING BARON STAR 7E LOUIS DURBAN 18/8/84 19/9/84 ETD ETA DURBAN SIN 27/7 11/8 Agents: Kim Shipping Trading Pte Ltd 63 Market Street. #06-06 Tat Lee Bttg S pore 0104 Tele* RS ***** KIMTRA. Tel *****8 SHENG
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  • Page 24 Advertisements
    • 709 24 Kcfiioital Container Lines Sailings Weekly Reliable Regular Punctual Berthing P S.A. 1500 Hrs. Tues, Thurs Sat REGULAR FEEDER SERVICE TO PHUKET/SONGKLA VOY SM SKI* BKK PUT SKI* RAT WW BHUM 117/ltl Sided ta Pt/1 Aug RATANA BHUM 251/252 3/4 Aug 8/7 Aug RATANA BHUM 119/190 10/11 hjg 15/18 Aug IS/19
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  • Page 25 Advertisements
    • 108 25 -57 LICOIiNR A.=--=r ■CONTAMER SERVICE TO BANGLR-OESH/MDU/SRI LANM/WISTMI French Line VMMI M/V ARTCHS V7LS4 M/V HAUSSMANN VBLS4 M/V ANJOU V9LS4 Sea winds DIRECT FULL CONTAINER SERVICES TO U8 PACIFIC COAST PT. KELANG I PENANG umm ici*' 5 Offll N! Al SI AMINOS lINIR AGENC* PTf (TO SINGAPORE TEL 7205M1 SALES/BOOKINGS
      108 words
    • 238 25 Scan Dutch V To Europe (Med/UK/NC/Scan) 1) MARSEILLES 2) ROTTERDAM ACCEPTWG/SAIHG 4) GOTHENBURG Anson SM Anson 2/8 Anson 9/8 Anson 16/8 Anson 23/8 Anson 30/8 B Butang SM B Kemumng 3/8 B Butang 10/8 B Kemumng 17/8 B Butane 24/8 B Kemuning 31/8 Nihon ScanOutch Edo Korrigan Kasuga Maru N
      238 words

  • Page 26 Miscellaneous
    • 156 26 Weather fi */A r m v >. L 1 •L^X SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. R Thunderstorm Temperature «> c X\ hQwer Weather Wind direction with speed m knots Rom O Cloudy Sky W„v. h.«*, Surface winds ore indicoted by orrows which fly with the
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