The Business Times, 26 September 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 WEDNESDAY, SEPTEMBER 2S, 1984 60 CENTS
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  • 339 1  -  By JOANNE YAP FRAUDS and complaints involving fly-by-night operators are increasing in Singapore. This was stated by business leader Mr Lim Kee Ming, who was yesterday re-elected president of the Singapore Federation of Chambers of Commerce and Industry. He said that if Singapore was
    339 words
  • 257 1 THE OUTLOOK for business next year is not expected to be good, bat 1984 will end on a good note, said leading boslnessmjui, Mr Um Kee Ming, who Is also president of the Singapore Federation of Chambers of Commerce and
    257 words
  • 523 1  -  Work starts on plan to expand Mass Rapid Transit system By LIM SOON NEO THE government has laid the groundwork for its plan to expand the $5 billion Mass Rpaid Transit system into the 21st Century. The Mass Rapid Transit Corporation is looking for a
    523 words
  • 569 1  -  By FOO CHOY PENG WITH Singapore's younger leaders taking an increasingly dominant role in the government, First Deputy Prime Minister Goh Keng Swee said last night they would have to evolve their own working style. They could not copy the old
    569 words
  • 222 1 Reuter A DEMOCRATIC senator charged that the Commerce Department misrepresented US economic statistics to hide a slump in the third quarter of this year. "US economic activity fell off a cliff over the last three months and the administration has attempted to disguise this by
    Reuter  -  222 words
  • Article, Illustration
    69 1 SHARE prices an the Slagapare stock market finished marginally higher in light trading yesterday, in spite s( the absence of institatienal support. Dealers said taraever was increased ea covering activities by shert sellers in anticipation of the ead of settlement period lemerrew. At the close, the BT Composite
    69 words
  • 428 1 Bernama POLITICAL parties, trade unions and the consumer movement in Malaysia have expressed full support for the proposal by Auditor-General Tan Sri Ahmad Noordin Zakaria that a Royal Commission be appointed to investigate the Bumiputra Malaysia Finance (BMF) loan scandal in Hongkong.
    Bernama  -  428 words
  • Page 1 Advertisements
    • 65 1 OA FOR SUCCESSFUL OFFICE AUTOMATION B SEE HOY CHAN GHOUP Singapore I*l *****82/4 K L I*l 03 *****0 P»o«r>fl W 04-*****9 Ipoh lei 05 *****6 Leader, Page 8 DdUpHN For the life of your back! r\ T PTE. LTD Head Office: 1 Too tayoh Industrial Park *01-1387 Singapore 1231. Tel:
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    • 280 1 List of MRT consultants, Page 3 mm BUILDING contractors can look forward to about $500 million worth of business from the building of more schools and junior colleges. Between now and the end of 1988, about 83 schools and junior colleges will be built. Page 3 SOVIET Foreign Minister Andrei
      280 words
    • 23 1 Full report, Pag* 13 Asian stocks, Pag* 11 International stocks, Pag* 10 Malaysia has own way of dealing with pro Mams, Page 6
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    • 83 1 Savings Accounts Current Accounts Term Deposits Personal Loans iMt FOUR SEAS COMMUNICATIONS BSNO LTD 0< Bl Head Office See back page eel C a Luxurious 1-bedroom or 2-bedroom apartments Fully furnished Full housekeeping service Free membership of Plaza Health Club Free carpark ing 24-hour telephone and telex services Reasonable rental
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  • HOME NEWS
    • 374 2  -  By GRACE YU A COMPUTER retailers association is needed to promote software talent and raise standards in a trade which has grown from less than 10 companies four years ago to about 100 today. This point was highlighted by Mr Tan Kok Wie,
      374 words
    • 289 2 MORE vehicles on the roads will not mean more pollution when the Government's new measures to combat pollution take effect. The measures call for new exhaust emission standards to ensure that gases emitted by petrol-powered engines are kept within safe and tolerable limits.
      289 words
    • 277 2 SINGAPORE has been praised for its display at an international trade exhibition in Berlin. AMK Berlin, the West German organiser of the 22nd Overseas Import Fair, said the Trade Development Board's stand "enhanced the Republic's image as a major manufacturing centre with a
      277 words
    • Article, Illustration
      321 2 A NEW SKIN Packaging/Die Cutting line has been introduced by Sergeant Packaging Systems Division of Allied Automation, Dallas, Texas. According to the manufacturer, the table-top skin packaging machine and die cutter take up little room. Console stands are also available. The motor-powered machines are all electric. The die
      321 words
    • 300 3  -  By MONICA QWEE THE DIAMOND industry expects to see "a record year". About 40 million pieces of diamond jewellery worth US$lB billion were sold around the world last year and 1984 is likely to outshine this figure. Mr Byron Ousey, public relations
      300 words
    • 389 3 Seminars and courses DURATION TITLE VENUE ORGANISER Sep 26 Improving PerOrchard Hotel MDI Consultants formance (Pte) Ltd Relationships (Strengths Styles-The UFO Method) Sep 26-28 Cash Management/ Hilton Hotel Insitute For Foreign Exchange International Exposure ManaResearch ment > Sep 26-Nov 28 High Vacumm Nanyang TechnoApplied T echnology logical Inst Research
      389 words
    • 520 3  -  By LEE HAN SHIH BUILDING contractors can look forward to about $500 million worth of business from the building of more schools and junior colleges. Between now and the end of 1968, about 83 schools and junior colleges will be built
      520 words
    • 223 3 RULES concerning the display of election posters are among the issues which Mr JB Jeyaretnam, Member of Parliament for Anson, will raise at the next sitting of Parliament. He will ask the Prime Minister why the law was changed to require all posters
      223 words
    • 188 3 DIRECT flights to the top of the world will soon be possible from Singapore. Starting Oct 15, Royal Nepal Airlines will operate two direct flights a week to Katmandu, saving travellers the hassle of going via Bangkok. The airline will use narrow-bodied
      188 words
    • 269 3 THE CONSUMERS' Association of Singapore (CASE) has produced four legislative guide booklets to enable consumers to know their rights and responsibilities under various consumer protection legislation. Three of them are: "A Guide to the Consumer Protection (Trade Descriptions and Safety Requirements) Act", "A
      269 words
    • 312 3 EUROPEAN companies dominate the list of nine teams of planning and engineering consultants invited by the Mass Rapid Transit Corporation to tender for a multi-million dollar feasibility study. Of the 21 companies involved, eight are from the UK, another five are from
      312 words
  • Page 2 Advertisements
    • 286 2 Justarrived. The edting Escort XR ,1 m/v/wmx W y*y mi **< <'4>M 'S4 VA /•;:;;*> r-- r- p* '>•<:-* Thrill to the power of the winds. Capture the magic of open air driving. The power of the 1.6 litre fuel injected engine as you accelerate to lOOkm/h effortlessly, the roar
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  • Page 3 Advertisements
    • 127 3 NOTICE KAPUR SYSTEMS SOFTWARE PVT. LTD. A Software House in India based in SEEPZ (Santacruz Electronic Export Processing Zone), BOMBAY a free trade zone seeks a Partner in Singapore for Computer Systems and application Software Development. We are developing software for IBM, Epson, Apple, Wang PCs and other Compatible systems
      127 words
    • 81 3 fi ••"tafc I' 4 t r (ill m The widest seat in the air. Our new Super Club business class offers you the widest seats in the air. So wide that they aren't the easiest to fit through the door. And so wide that there is only room to fit
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  • OVERSEAS
    • 499 4 Talk of move to slow greenback still unconfirmed Reuter US TREASURY Secretary Donald Regan has said that the high-flying US dollar cannot be driven down by official intervention on world currency markets. "I do not want to try to bring it down, I
      Reuter  -  499 words
    • 192 4 AP THE CURRENT US economic recovery should continue for at least another nine months, but after that rising interest rates and giant federal budget deficits make a recession more and more likely, a group of American economists said on Monday. The
      AP  -  192 words
    • 392 4 UPI CHINA IS pumping millions of dollars into the development of a giant, open pit coal mine despite contract delays with its American partner, Occidental Petroleum. After more than four years of negotiations complicated by 1983's sharp drop in coal prices, work
      UPI  -  392 words
    • 168 4 FT THE JOINT Sino-British declaration on Hongkong's future, due to be initialled in Beijing today, cannot be altered but it could be added to, Chinese officials said in Hongkong. The statement is a significant reminder that a number of issues remain
      FT  -  168 words
    • 249 4 AP A NEW type of loan for countries in trouble has been proposed by French Finance Minister Pierre Beregovoy. He said on Monday that the new instrument, which he called a "country loan," would be given over five to seven years. "The object
      AP  -  249 words
    • 405 4 Reuter AUSTRALIA'S opposition said yesterday it would continue its attack on Prime Minister Bob Hawke over his handling of organised crime and drug trafficking in spite of his distress over his daughter's heroin addiction. Mr Hawke's wife, Hazel, revealed on Monday night that the prime
      Reuter; UPI Photo  -  405 words
    • 225 4 AFP NORTH KOREA'S ruling party has accused Japan of planning a scheme for the simultaneous entry of North and South Korea into the United Nations, Pyongyang Radio said. The radio report, monitored in Tokyo on Monday night, quoted the party organ, Rodong
      AFP  -  225 words
    • 799 4 ARRIVALS Operator Service Local From number ♦»me PAA PAS 0020 JFK/SFO/HKG GIA GA7113 0235 HLP GIA GA7312 0350 SUB GIA GAl112 0635 UPG MAS MH68I 0820 KUL KAL KE624 0840 KUL CAL CIO 10 0825 JED/DHA MAS MH601 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940
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    • 452 5 Reuter THE CHIEF of a United Nations' nuclear energy agency said yesterday that nuclear accidents had taken place last year and urged greater safety measures. Hans Blix, the directorgeneral of the International Atomic Energy Agency (lAEA), said that the agency was revamping its
      Reuter  -  452 words
    • 115 5 WORLDWIDE junketing by European Assembly delegates came under fire on Sunday night from British Labour delegate Bob Cryer, who said budgetted funds were only "the tip of the iceberg". Mr Cryer has called upon the president of the European Assembly, France's Pierre Pflimlin, to oppose the
      115 words
    • 223 5 Reuter UNION MEMBERSHIP in the US declined sharply during the 1980-82 recession years, according to a survey released on Monday. In that period, membership dropped by 2.6 million to 19.8 million members, the lowest level since government records started in 1968. Membership in
      Reuter  -  223 words
    • 200 5 Reuter PRESIDENT Reagan's new. peace overture to Moscow has thrown the opposition Democratic Party further into the defensive, just six weeks before the US presidential elections. "Today he changed his spots," said Democratic presidential nominee Walter Mondale of Mr Reagan's conciliatory speech on arms
      Reuter  -  200 words
    • 434 5 AP AMERICAN policy in the Middle East, including the failure to press Israel into territorial concessions, contributed to the bloody attack against the US embassy office in Beirut, according to a view widely held in the Arab world. The
      AP  -  434 words
    • 241 5 Reuter THE REAGAN administration will seek more than US$37O million to improve protection for US embassies around the world following the attack on the American Embassy annexe in Beirut on Thursday. The announcement was made by State Department spokesman John Hughes, who
      Reuter  -  241 words
    • 83 5 UPI THE City University of New York voted to withdraw university funds from banks and corporations that did business with South Africa. "City University joins with colleges and universities throughout the nation to repudiate the injustice and indignities forced upon the black population of South Africa," said
      UPI  -  83 words
    • 413 5 Varied response from delegates to Reagan's address UPI SOVIET Foreign Minister Andrei Gromyko and his country's delegation shunned the polite applause that greeted US President Reagan's speech to the United Nations' General Assembly on Monday and declined to comment as they left the chamber.
      UPI; UPI photo  -  413 words
    • 248 5 UPI US DEMOCRATIC vice-presi-dential candidate, Geraldine Ferraro, has said that the US Administration has a "calculator where its heart should be," and chastised President Reagan for comparing renovation of the US embassy in Lebanon to a kitchen remodelling. Miss Ferraro, campaigning in New
      UPI  -  248 words
    • 684 6 OECD study forecast little change AFP UNEMPLOYMENT is unlikely to drop significantly in noncommunist industrialised countries outside the US between now and the end of next year, the Organisation for Economic Cooperation and Development (OECD) reported yesterday. The 24-nation grouping, in a study entitled
      AFP  -  684 words
    • 112 6 Reuter THE IRANIAN embassy in London yesterday promised that there would be no more ritual killing of sheep in the streets. Three days ago, a sheep was dragged from the London home of embassy First Secretary Seyed Mokhtari and held over a drain while its throat
      Reuter  -  112 words
    • 246 6 MALAYSIAN Acting Finance Minister Datuk Seri Sanusi Junid said yesterday that the government had its own pace and method of handling problems, including those linked to the Bumiputra Finance Malaysia (BMF) loan affair. He said there was no reason why there should
      246 words
    • 154 6 AP A PHILIPPINE nationalist organisation has called on Filipinos to consider staging a general strike by shutting down businesses, factories, schools and churches to force President Ferdinand Marcos to step down. In a manifesto sent to media offices on Monday, the Movement for Philippine
      AP  -  154 words
    • 156 6 Reuter CAMBODIA'S anti-Vietnam coalition has asked President Reagan to supply it with arms for a further lI,N# guerillas. Cambodian coalition leader Prince Norodom Sihanouk said at the United Nations yesterday: "Our prime minister, Mr Son Sann, on behalf of all the Cambodian nationalist resistance against
      Reuter; UPI photo  -  156 words
    • 352 6 AFP PHILIPPINE anti-nuclear groups won an initial round yesterday when the government formally pledged not to feed uranium into the country's first nuclear power plant until after a public hearing. Top officials of the Philippine Atomic Energy Commission (PAEC) made the assurance before the
      AFP  -  352 words
    • 463 6 AP POLICE in the UK may be forced to use plastic bullets "to protect themselves" against striking coalminers armed with airguns and slingshots, a senior Conservative legislator has warned following pitched battles on picket lines. As the violence-plagued strike entered its 30th week
      AP  -  463 words
    • 159 6 UPI ONE OF the largest defence contractors in the US has acknowledged that it performed faulty workmanship on three missiles sold to the military and said it was "working hard" to improve quality control at the plant that produces the weapons. "We are
      UPI  -  159 words
  • Page 4 Advertisements
    • 109 4 The man who wears Arnold Palmer The man who chooses to be casually dressed without sacrificing a good cut. That's Arnold Palmer. Now, the latest range carries a wide and varied selection of new colours. New fabrics. In cool, cool mercerised cotton for that ever comfortable fit. a J ■>#
      109 words
    • 14 4 mv AM Pan Am. Daily 717SP To USA. It Flies Smoother, Faster And Quieter.
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  • Page 5 Advertisements
    • 146 5 GAKKEN PROFESSIONAL DAISY WHEEL PRINTER compatible with all computers at an affordable price Has an 8-hit parallel Centronics® type interface ami an optional El A RS232C serial interface. 18 cps letter quality printing suitable for all legal documents. Daisy heel exchangeable, compatible. Takes cut-sheet, roll anil fan-fohl continuous pa|ter. Equipped
      146 words
    • 220 5 Is this how your employees feel if. i M r"V> 4 s National has the answer. A key telephone system. The National GX-616 and GX-1232. Instead of a number of phones per desk. The system allows up to thirty-two employees to have one phone with access to twelve external lines.
      220 words

  • Page 6 Advertisements
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  • BANKING AND FINANCE
    • 225 7 FT MEXICO hopes to raise slightly under US$l billion from its commercial bank creditors next year in its first return to free market borrowing since 1982. Mr Angel Gurria, directorgeneral of public credit, said that in 1986 Mexico's need would rise to around $2
      FT  -  225 words
    • 119 7 FT ITALIAN Prime Minister Bettino Craxi says that he hopes to introduce next year a new version of the Italian currency a new, convenient "heavy lira" which would be equal to one thousand of the present much devalued currency units. Mr Craxi
      FT  -  119 words
    • 474 7  -  By SOH TIANG KENG Banking Correspondent MERCHANT bank business in Singapore has slackened considerably in the past year. There was a marked slowdown in expansion of assets and loans to non-bank customers from June 1983 to June this year. Total assets of the merchant banks during
      474 words
    • 294 7 Reuter CONCERN that the US Treasury's presence in overseas capital markets would negatively affect American firms seeking to tap overseas capital markets has not materialised yet, despite the fact repeal of the 30 per cent withholding tax on interest and dividend payments
      Reuter  -  294 words
    • 119 7 AP IN AN apparent move to lift the ban on gold trading within the country, Taiwan's central bank has announced it will no longer place gold under foreign exchange reserve control. The bank said on Monday it will cooperate with the Finance Ministry to work
      AP  -  119 words
  • MONEY AND EXCHANGES
    • 201 7 HONGKONG The metal yesterday eased to U*****.60/345.10 an ounce from an initial $345.75/346.25 and New York's $345.00/50 as the US dollar strengthened late in the day. On the local market, gold finished HK$27 below Monday's close at $3,217 a tahil. The krugerrand was $20 off at $2,800 (U*****.50). TOKYO
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    • 219 7 Asian market SHORT-DATED Asian dollar deposit rates moved lower while fixed dates were little changed from opening levels in thin afternoon trading yesterday. An offered tendency in the afternoon pushed down short-dates with overnight and Wednesday/Thursday closing at 10-15/16 10-13/16 after starting at 11-1/16 1015/16. Interbank deposit rates Offer 7
      219 words
    • 654 7 SINGAPORE: The US dollar closed firmer yesterday against most major currencies in moderately active trading. The dollar closed higher at 3.0600/20 marks compared with its 3.0390 0400 opening here and New York's 3.0320/30 close, and at 2.5185/5200/20 Swiss francs compared with 2.4950/70 and 2.5000/20 respectively. The dollar closed
      654 words
    • 355 7 BA Futures Inc DESPITE the addition of reserves through three-day system repurchase areements by the Fed to ease interest rates, Enr«d*Umr prices closed on a weak tone at CME yesterday. This bearish tone together with the slight firming of interbank term rates in the morning resulted in the lower
      BA Futures Inc  -  355 words
    • Article, Illustration
      133 7 THE OVERNIGHT rate rose by V§ -point to close at BV* per cent on the Singapore interbank money market yesterday. Term rates for the one, two and threemonth maturities remained at Monday's closing level. *MUCATES tt* a«ora(t of ttw prime lendnt raits o» 12 major banks opcrat m
      133 words
    • 370 7 LONDON: The dollar was firm above 3.07 marks in early afternoon trading yesterday and dealers said it could rise to 3.10 marks later, barring renewed central bank intervention. The dollar was quoted at 3.0720/30 marks at 1304 GMT, up nearly IVi pfennig from mid-session but under the 3.0785
      370 words
  • Page 7 Advertisements
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      120 words
    • 149 7 .-V^_ k CV mall or large meeting, you get abig welcome The Palm Beach Hotel in Penang offers a warm welcome whether you have a meeting for 10 people or 200. We have a special wing for conferences and your seminar or meeting for up to 200 people can be
      149 words

  • FEATURES
    • 455 8 THERE WERE 1,072 cases of cheating reported last year compared with 830 in 1980. It is probably safe to say that for the 8,807 cases of white collar crime reported in the past five years, twice that number never made it into police files. The
      455 words
    • 1804 8  -  Teaching the computer to master vision is proving more difficult than scientists imagined Almost any computer can be adapted to 'see' simple objects on an assembly line. But the nuances of the real world are another story. Where the human eye sees a car, cat or
      NYT  -  1,804 words
    • 565 8  -  By ALAIN CASS FT THE TUMBRELS were out last week in Simao, a small town in the remote Chinese province of Yunnan which borders Vietnam, Laos and Burma. Public justice was being administered, the town was in a festive mood. Workers were given the
      FT  -  565 words
    • 1034 9  -  Japan's closed door methods of decision-making have irked its trading partners By JUREK MARTIN FT THE WAY Japan reorganises its structurally depressed industries is both admired and criticised overseas. On the one hand, the government-directed process of reducing capacity, designated market sharing, pooling of resources and price
      FT  -  1,034 words
    • 451 9  -  By DAVID SKINNER Reuter AUSTRALIAN and New Zealand foreign exchange markets appear set for further growth after a year or so of unprecedented change, according to senior foreign exchange dealers in Sydney and Wellington. The Australian market is seen as having the
      Reuter  -  451 words
  • Page 8 Advertisements
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      210 words
  • Page 8 Miscellaneous
    • 656 8 80D3§KO(MD CRYPTIC PUZZLE ACROSS I Essoys m marksmanship (5) 6 First-class Tchaikovsky piece, often dropped (5) 9 Seasons of Shelley (7) 10 Vessels made fost by the sailors? (5) 11 Not a good-hearted girP (S) 12 Travel on shortened paths, people (5) 13 Vendors we have to pay for? (7)
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  • SPORTS
    • 497 9  -  By BRIAN MILLER VICTOR, who is having his second start in the amateur ranks, stands out as a mighty good thing at Ipoh this afternoon and I take him to make it a pillar to post affair in Race 8. This former
      497 words
    • 290 9 STEVE DAVIS has taken no time to confirm that he will be the man to beat this season after launching the new British circuit with an emphatic victory in Glasgow, Scotland, at the weekend. The world champion beat fellow Londoner Jimmy White
      290 words
    • 501 9  -  By HERSCHEL NISSENSON AP THE 15th-ranked Florida State Seminoles seem determined to keep American college football's national championship in the sunshine state. "This puts us in the spotlight now. This puts us in line for a lot of good stuff," coach
      AP  -  501 words
    • 341 9 AP FRANCE will invest "about 100 million francs (SJ22 million) for two different boats run by different sporting and technical groups" in an effort to win the America's Cup from Australia in 1986-87, Jean Glavany, president of the French America's Cup committee, said on
      AP  -  341 words
  • Page 9 Miscellaneous
    • 974 9 w aoa bqdikd II HIGHLIGHTS The Avont-Garde in Russia 8.03 pm, Channel 12 Hugh Downs is the narrator for a guided tour of the unprecedented exhibit of Russian art featured at the Los Angeles County Art Museum. The compilation of artwork some 500 pieces by 40 artistes offers new perspectives
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  • INTERNATIONAL STOCKS
    • 356 10 FT STORA Kopparberg, the Swedish forest products and power group, is bidding to take over Billerud, one of its main rivals, in a deal that would make it the biggest pulp and paper producer in Sweden. No details of the offer were revealed on
      FT  -  356 words
    • 150 10 Reuter FINANCIAL Corp of America (FCA) has confirmed published reports that it is gaining more deposits than it is losing and it plans to offer US$l billion in certificates of deposit later this week. Spokesman Carol Schatz confirmed that the deposit flow was positive last Thursday
      Reuter  -  150 words
    • 303 10 UPI GENERAL Motors won support following its contract agreement with the United Auto Workers Union but the rest of the stock market retreated across a broad front on Monday in slow trading. Brokers said investors were uncertain about the course of the economy,
      UPI  -  303 words
    • 132 10 sirr 24 a Imp 04 42* 14* AbMb, 32V. unch Inco Alcon 35V. 21* 24* 23* Bank Mont Intl Nkkel 15* •H Bonk Nova Scotia Be« Tel BP Can Ltd II* 32* 26* Lobiow B Mauty Ferg Mc Btodel 16* 3* 24* unch Can Imp Bk Con Prm Mg
      132 words
    • 195 10 SErT 24 Rood Trust 8k 225 15 Un Steel 100 unch INDUSTRIALS Urasee 4956 785 WooS»ortti 1250 -50 135 5 MININGS 30 A£ And CI 745 uoch Anglos 2250 Amoprop AMKZ 3256 2475 1725 -50 1090 20 Buff eh 8000 300 ***** Charter 4705 unch 200S ur>ch 980 320
      195 words
    • 694 10 sirr 24 us$ ACF Mutrin Alcon AJumn Alcoa Alegheny Lud Afced Chem Cp Afced Stores Ats-Chokntn Am Brands Inc Am Broodcost Am Con Co Am Cyonamd Am Elec Pwr Am Express Am Home Prod Am Motors Cp Am Natural Gos Am Tel Tel Amax Inc Ameroda Hess AMF
      694 words
    • 696 10 Amsterdam SEPT 24 Fh ABN 316 50 +05 A*gon 121 80 -0 2 Ahold 194 50 -1.5 Akio 9520 -I AMEV 177 00 unch Amfos A/nrobnk 63 10 +0 1 4490 08 Bote 9750 -05 Borvjmii 255 00 ifich Boiko Birtct 66 50 -0 2 Catond 33 00
      696 words
    • 119 10 Reuter MOTOR-COLUMBUS AG, the Swiss energy holding and engineering company, said it would pay a five per cent dividend for the fiscal year ended June 30, 1964. It has not paid a dividend since 1977/78. The company recorded a net profit of 10 million francs in
      Reuter  -  119 words
  • Page 10 Advertisements
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    • 163 10 London stocks, Page 15 <*5 'A' Feng Cheng Lou for the best Teochew food in town. Discover lV mouth-watering delights prepared W* by hong Kong chefs. And feel like royalty while you dine in Oriental splendour. i Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00
      163 words

  • ASIAN STOCKS
    • 214 11 SEPT 25 NT Chem Indus 20 00 03 Lien Hwa Indus 13 20 -0 75 All Sincere Indus Asia Cement Nan Yo Plas 31 70 12 25 60 02 Pacific Cons Pocitic Elect Cathay Cons Wire 19 10 0 2 Chang Hwo Bonk Poolung Poper Chen Loong CNa Hs*i
      214 words
    • 253 11 HONGKONG: Share prices closed higher yesterday amid optimisism over Hongkong's political future ahead of the signing today of a draft accord between China and Britain on the issue. There was profit-taking in the morning following recent rises but buying outweighed selling in the afternoon. The Hang Seng Index closed 19.41
      253 words
    • 184 11 BANGKOK: Share prices closed lower yesterday in moderate trading to extend Monday's losses, the Securities Exchange said. The Book Club Index dropped 0.33 to 118.97. Declines led advances by a margin of nearly two-to-one on turnover of 435,098 shares worth 66.4 million baht against 441,489 worth 54.6 million on
      184 words
    • 308 11 SI FT 25 Cents INDUSTRIALS A C 1 186 A N 1 243 A P M 220 Abertoyle 830 Age 285 AHtonce Oil A Iked M* 236 Ampol Exp 290 Ampol Pet 155 Am 480 Ashton 97 B H P 1005 Beoch Petroleum 76 Bel Group 435 Bhp Rts
      308 words
    • 144 11 MANILA: Share prices closed lower yesterday in dull trading due to the Philippines economic situation. The Commercial and Industrial Index fell 1.77 to 105.06 the Mining marker dropped 0.47 to 930.73 and Oil issues were down 0.004 to 0.625. PLDT dropped 0.50 pesos to 36. Sfrr 25 Pesos Oriental
      144 words
    • 94 11 Sep 25 Bonk Seoul Choheung Bk Commerciol Bk Doekm Ind Daewoo Corp Daewoo Ind Dong Ah Gold Star Hontl Bk Hon Vono Won 656 635 675 572 493 635 710 700 735 352 unch -1 unch unch unch 5 unch unch -1 +2 Hyundai Motor KAl Koreo First Korea
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    • 283 11 Bernama OTIS Elevator Co of the US, the world's largest lift manufacturer, is taking vigorous steps to restructure its wholly-owned Malaysian subsidiary, Otis Elevator Co (M) Sdn Bhd. Its senior vice-president Mr Bill L Aishman said on Monday that the company had been holding talks
      Bernama  -  283 words
    • 167 11 Reuter SUMITOMO Electric Industries has revised upwards its parent company current profit forecast for the year ending next Mar 31. The parent company profit is expected to be a record of nearly 21 billion yen against an earlier estimated 20 billion and 15.06 billion
      Reuter  -  167 words
    • 164 11 Reuter SALES of steel and steel products by Broken Hill Pty Co (BHP) are expected to decline to about 50 per cent of anticipated sales of more than A 56.5 billion in 1984 85 from about 60 per cent of sales
      Reuter  -  164 words
    • 190 11 US LAW firm Graham James is setting up an office in Hongkong next month. Headed by Partner Mary Faith Higgins, who has substantial experience in the Orient, the Hongkong office will provide international legal services. It will also support the firm's growing activity
      190 words
  • Page 11 Advertisements
    • 333 11 y< m I w w ir»^P 1 <7* iff m SK m L ifiP ■> >* t Savour the exquisite, rich flavours of freshly picked mushrooms prepared in different ways with a choice of wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement Royal Singapore narm*
      333 words
    • 211 11 1 HAPPY RESTAURANT can now offer Modestly-priced superb Cantonese dishes. Impeccable service. Nightly entertainment with no cover or corkage charges. Ample parking facilities. I 6 OOP® l l I Dinner. b (Da i\y-) ft For reservations, call 744-2717 or 744-2686 HAPPY RESTAURANT Lion City Hotel, 2nd Storey, 15 Tanjong Katong
      211 words

  • RAW MATERIALS
    • 365 12 Reuter EUROPEAN Community officials are trying to allay fears in the US that a bumper EEC grain crop and the strong dollar could spark off a disruptive free-for-all in the world grain market. The strength of the US currency has
      Reuter  -  365 words
    • 148 12 AFP MEMBERS of the EEC were in disarray on Monday night after West Germany called for an initial coffee export quota of 74,644,000 60-kg bags for the forthcoming 1984-85 season compared with this season's initial level of 56,200,000 bags. The proposal was forwarded
      AFP  -  148 words
    • 133 12 AFP PRODUCING NATIONS belonging to the International Coffee Organization (ICO) yesterday presented consumers with a "package" of proposals for the forthcoming 1984-85 season, confirmed producer spokesman, Mr Jorio Dauster of Brazil, at the start of the second week of ICO negotiations in London. Having agreed
      AFP  -  133 words
    • 275 12 Singapore Broken A-l super 230 (S$/kilo, ei-godown) A-l special 227 Thai white C-l special unq 100% 1st class (kangaroo) 1 05 C-l Ordinary Loonzam 100% first grade unq unq new crop 100% 2nd doss 100% 3rd class 25% new crop 077 100% second grade 255 075 No stock No
      275 words
    • 165 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 3,300 Blue Phoenix 20's 3,500 Blue Phoentx 32's 3,850 Blue Phoentx 40's 4,250 Carded yarn, hank Blue Phoenix 21's 3,550 Combed yarn, cones Blue Phoenix 32's 5,000 Blue Phoenix 40's 5,250 Open-end yarn 3,100
      165 words
    • 153 12 Chinese Produce Exchange (Sellers' noon closing prices on Sep 25 S$/100k 9 Robusto 20/25% FOB NSW Nutmeg 110 FOB NSW B W FOB NSW 502 50 363 00 256 00 Coconut oil Bulk FOB OkJ drum FOB New drum FOB Copra Mixed (loose) Pepper Muntok white FOB NLW
      153 words
    • 156 12 MALAYSIAN crude palm oil prices closed above the day's lows yesterday on covering and speculative buying prompted by Pakistan's presence in the market at its RBD palm oil tender. The market had opened weaker on lower Chicago soy futures. September and October deliveries in the south, central and
      156 words
    • 100 12 THE Straits tin price in Penang yesterday stayed at the IT A floor level of M 129.15 per kg. Dealers noted continuing lack of demand as Penang's premium widened to £411 per tonne over the spot price In London following sterling's fall against the Malaysian dollar and lower
      100 words
    • 146 12 WHEAT futures retraced earlier gains on Monday but still closed IVi cents per bushel higher to unchanged in moderate trade on the Chicago Board of Trade. Local and professional wheat/corn spreading helped keep wheat firm relative to corn. But heavy overhead resistance at the downtrend line at the day's
      146 words
    • 145 12 SOYBEAN futures on Monday closed nine cents to one cent per bushel lower in light trade on the Chicago Board of Trade. November posted a 12-cent range on the day. A setback in foreign currencies and precious metals prompted local and professional house selling. A commercial associate was the
      145 words
    • 889 12 COFFEE Robusta futures yesterday recovered from early lows to stand £4 higher to £5 lower at midday, with November down £3 at £2,414, the morning's high. November fell through chart support at £2,400 to post an early low of £2,395 amid follow-through commission house chart selling from Monday.
      889 words
    • 262 12 SINGAPORE The market closed easier yesterday with October One RSS buyers quoted at 192.50 cents per kg, down two cents compared with Monday's close. The morning market eased 0.50 cents on some liquidation of nearbys in quiet trading. The market lost 1.50 cents in afternoon trading on stale bull
      262 words
    • 333 12 RAS prices (in S cents/kilo, FOB m bales) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS prompt 190 50 191 50 188 00 189 OON Int 1 RSS Oct 194 50 195 00 192 50 ***** Int 1 RSS Nov [94 50 195 00 192 50
      333 words
    • 107 12 (cents/kg, 1-ton pallets) October November (current mth) (forword mth) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 188 00 190 OON 189 00 191 OON SSR 50 186 00 188 00N 187 00 189 OON MRELB Buyers Sellers Buyers Sellers SMR CV ***** 220 50N 220
      107 words
  • Page 12 Advertisements
    • 371 12 igffivThe Industrial Bank of Japan. Limited Q R ljt 47 BALANCE SHEET FOR THE YEAR ENDED MARCH 1984 Non-consolidated Balance Sheet (1,2) March 31.1984 March 31,1983 Liabilities and Shareholders' Equity March 31,1984 March 31,1983 Board of Directors Chairman Kisaburo Ikeura Kaneo Nakamura Deputy Presidents Takashi Aida Yoh Kurosawa Managing Directors
      371 words

  • SHARE INFORMATION
    • 4128 13 SHARE prices on the Singapore stock market closed slightly higher yesterday in light trading. At the close, the Business Times Composite Index put on 4.29 points to 796.00, while the Straits Times Industrial Index gained 3.67 points to 893.89. Gainers outstripped losers by
      4,128 words
    • 221 13 SINGAPORE Rises Indices 24 Sac 25 Mm* Fail 246 44 M AEMIFM 424 24 gC'."*; 1 1 JRZ2-Z222 560 20 mm. 370 20 gpyy -J45 m 2 ll MK Can 50* 243 +15 T 77 *g-f: w fir n ST Faaa 2570 U 2571M Lv 0 ST
      221 words
    • 451 13 SHARE prices closed on a steadier note at the Kuala Lumpur stock market yesterday thanks to some bargain hunting. Trading remained selective with a handful of issues dominating activity while overall interest continued to be quiet. Turnover dropped slightly to 4.84 million units valued at
      451 words
    • 2627 13 BID and offer prices officially luted and business tn and reported to the Stock Exchange of Singapore yesterday vlth the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. AU Time SetUement Contracts are quoted after the word ••SETT".
      2,627 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 1052 14 saaaaa? LONDON-based stockbroking firm Laurence, Prust Co has singled out three companies that investors should closely watch: Prvmet, Shell Refining and Dul«p Malaysian Industrie». On Pramet, the UK broking firm said considering the downturn in the marine engineering industry, second half
      1,052 words
    • 515 14 Reuter THE NEW YORK Stock Exchange plans to introduce trading in several new options contracts, including individual stocks, by the end of the year. Mr Ivers Riley, NYSE executive vice-president, options and index products, said that if the Securities and Exchange Commission approves
      Reuter  -  515 words
    • 1109 14 THE Malaysian Airline System (MAS) is one of the few Third World airlines confident enough to make plans to offer its shares to the public. This confidence is not without basis. It has substantially improved its finances, reaping record profits in the
      1,109 words
    • 93 14 HONGKONG Australian Industrials Hang Seng Index Tuesday unav Monday 1043.8 Tuesday 1010.23 Week ago 1031.5 Monday 990.82 Week ago 974.92 NEW YORK Dow Jones TOKYO Monday 1205.06 Friday 1201.74 Tokyo Dow Jones Week ogo 1237.08 Tuesday *****.84 Monday Closed Standard and Poors Week ago *****.15 Monday 165.28 Friday
      93 words
    • 227 14 Managers' prices for Sep 26 Singapore Unit Trust The Commerce 2.85 3.03 The Savings Fund 1.85 196 S'pore Prog Fund 1.23 1 30* S'pore Sec Fund 184 195 S'pore Invest Fund 114 1.21 S'pore Equity Fund 127 135 Asia Unit Trust Second B'putro Third B'putro Fourth B'putro Fifth
      227 words
    • 2502 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 A|momoto (3.805) Alei Mldg xd Alcom (1 87S) (8)
      2,502 words
    • 299 14 Bernama MUDA Holdings Bhd, which is making a public issue of 15.046 million shares of 50 cents each at par, has plans to upgrade its machinery and to expand its production facilities. Chairman Tan Sri Mahmood Mohd Yunus said part of the M 57.04 million
      Bernama  -  299 words
    • 699 15 mob HOCK LOCK SIEW THE UNITED Overseas Bank group of multi-millionaire Wee Cho Yaw has finally achieved its long standing ambition of bringing into its fold yet another local bank. The logo of the UOB group, which consists of four vertical lines linked by
      HOCK LOCK SIEW  -  699 words
    • 208 15 BUKIT Kam Bobber Estates Bhd has announced a final dividend of 10 per cent gross for the year ended April 30 1964 and an interim dividend of 5 per cent gross for the year ending April 30, 1985, to be paid on Oct 31. MPH Investments (Singapore) Pte
      208 words
    • 530 15 LAST FULL YEAR Company Period Date Net EPS Gross Net announced (cents) div profit last year ($000) G Lumber Interim June 30 3,618L Alcorn Interim Aug .5 5.0 910L Intl Trust Interim Aug 12 9 1 10 0 1,644 Lion Corpn Interim Aug 16 87(a) 49(a) 6,458 Molayowato
      530 words
    • 559 15  -  By CHAN OI CHEE BOGGED down by substantial losses of its recently-acquired subsidiary SPP Ltd Tuan Sing Holdings has gone deeper into the red for the half year ended June 30. The enlarged Tuan Sing group, including the post-acqui-sition results of 64.1-per
      559 words
    • 343 15 THE newly restructured Unilite Electrical Industries Bhd has a lot of catching up to do if it plans to fulfil the promise of a return to the black by the end of the year. For the first six months of this year, the group incurred a much
      343 words
    • 1036 15 Current Ei Books Dote Total for Total for payment dote close payable the year previous i A 1 S B I5%(b) NYA NYA NYA 15% 15% A M D B 6 3%(b) Oct 8 Oct 18 Nov 29 63% 18% Apollo 2'/i% Sep 24 Oct 1 Oct 15
      1,036 words
    • 817 15 SHARE prices closed mixed yesterday but with a firmer bias on bargain hunting. The market had shown a weaker trend for much of the session, overshadowed by sterling's weakness and the prospect that Britain's pit foremen may vote for a strike at this week's national ballot, dealers said.
      817 words
    • 47 15 TEXTILE Corporation of Malaya Bhd has reported higher group pre-tax losses for the six months ended June 30 of M 5271,000, against $198,000 in the previous interim. Turnover was also reduced to $13.9 million from $15.81 million. No interim dividend will be paid.
      47 words
    • 51 15 NORSECHEM (M) Bhd has announced that its group pre-tax profits for the first half of theis year fell to M 51.69 million (from $1.87 million last time) on marginally lower turnover of $7.13 million (from $7.93 million). Its directors have not recommended the payment of any interim
      51 words
    • 317 15 AFTER bouncing back with good pre-tax figures last year, Acma Electrical Industries slipped into the red again in the first six months to end-June. The company had warned shareholders in April that this would be a difficult year and that the first quarter had not
      317 words

  • Page 15 Advertisements
    • 166 15 The Mind of the STRATEGIST In a ground-breaking approach to strategic planning in the world of business, Kenichi Ohmae goes beyond the standard formula-for-success into the mind of the creative corporate thinker. It is Dr. Ohmae's contention supported with facts and figures from companies such as Sony, Nissan, Honda, and
      166 words

  • 595 16  -  By SOH TIANG KENG Banking Correspondent NEW ZEALAND will soon tap a hopping US$l.5 billion the largest borrowing by a government in Asia-Pacific history from the Asian dollar and Eurocurrency markets. Most of the money for this seven-year syndicated loan will be raised by
    595 words
  • 63 16 A DEBT of US$B3 billion more than Argentina's and mora than 25,000 idle workers have not halted the Japan National Railway's flagship, the Shinkan—n bullet train. The government recently ordered the state-run railway to prepare for private ownership, split into seven regional lines, retrench 100,000
    UPI photo  -  63 words
  • 201 16 PROFESSOR KEE Choo Chong, former chairman of the Ngee Ann Polytechnic Council, was fined $500 in the district court yesterday for providing government officials with false information. District Judge Tan Soo Kiang said he took into consideration the professor's achievements and immense contribution
    201 words
  • 66 16 AFP BRUNEI may be brought into the economic cooperation agreement between the European Economic Community and the Association of South-east Asian Nations, the EEC Commission said yesterday. It has proposed this to the 10 EEC members, noting that Brunei became independent last Jan 1 and
    AFP  -  66 words
  • 388 16  -  By LIM SOON NEO PROSPECTS of Singapore Airlines flying from Colombo to Copenhagen from Nov 1 this year are definitely turbulent, with Air Lanka shooting down the request even before it has been submitted officially. Earlier this week, Air Lanka was
    388 words
  • 130 16 Reuter HONGKONG'S trade surplus widened to HK$l.7B billion in August from $321 million in July compared with a deficit of $297 million in August last year. The Census and Statistics Department said August exports totalled $13.74 billion with re-exports of $7.17 billion and imports of $19.13
    Reuter  -  130 words
  • 74 16 STOCK prices on Wall Street were lower in moderately heavy early trading yesterday as blue chip issues joined in a correction that secondary stocks began on Monday. The Dow Jones Industrial Average, which climbed 3.32 points on Monday, was off two points to under 1203. Overall, losers
    74 words
  • LATE FILE
    • 44 16 Reuter HONGKONG'S Commissioner for Securities and Commodities Trading, Robert Fell, will succeed Colin Martin when he retires as Commissioner of Banking next month, it was announced yesterday. Ray Astin, the present Solicitor General, will take over Mr Fell's job.
      Reuter  -  44 words
    • 68 16 AFP CHINESE Foreign Minister Wu Xueqian has said that his meetings last week with Soviet Foreign Minister Andrei Gromyko were of "great importance" in advancing their dialogue but that no compromise was reached on the major problems between the two nations. In a speech in New York
      AFP  -  68 words
    • 57 16 UPI SOVIET President Konstantin Chernenko was quoted yesterday as saying that the US does not understand the need for normal relations with the Soviet Union. He said US leaders "either do not want, or are not yet ready to understand that there is no sensible alternative
      UPI  -  57 words
    • 41 16 Reuter JAPAN WILL introduce more measures to liberalise its financial markets in November, according to Japanese Finance Minister Noboru Takeshita. He said the measures will be preceded next month by talks on liberalisation between Japan and the UK. Reuter
      Reuter  -  41 words
    • 58 16 AP THE INDIAN Cabinet has decided to pull out troops from Amritsar's Golden Temple this weekend, a government source said yesterday. The decision was taken in view of the virtual completion of the repair work on the temple, and a threat by Sikh high priests to
      AP  -  58 words
  • 332 16  -  By TERESA LIM Hongkong Correspondent WHEN THE preliminary inquiry into the Carrian case finally begins next month, Court No 4 in Hongkong's brand new Supreme Court building will be rearranged to accommodate filing cabinets along the length of the room. Magistrate
    332 words
  • 568 16 AP US PRESIDENT Ronald Reagan said yesterday that the economic policies followed by his administration have "given birth to an American renaissance" that is touching the economies of other nations as well. "Born in the safe harbour of freedom, economic growth gathered force, and
    AP  -  568 words
  • 185 16 From front page allow. It also means channelling sufficient high quality manpower for defence purposes." Also, if Singapore regarded the SAF as the hardware of deterrence, the country must also complement it with appropriate software. The software he was referring to was the attitude
    185 words
  • 413 16 AP AFP THE US dollar rallied in Europe early yesterday from a two-day decline. Gold prices eased. The dollar was quoted higher against all other major currencies except the British pound a few hours after European markets opened. However, it remained below last week's record-high
    AP; AFP  -  413 words
  • Page 16 Advertisements
    • 63 16 Switzerland Our partner for international business relations and mergers, Dr. F.C. Stori is October 17 19 in Singapore. Please, contact him to fix a date in the Hotel Marco Polo in Singapore. K. Winzder t Partners AG, Management Consultants, Hauptstrasse 32, CH-4153 Reinach/BasJe. Call Britannia h>r free invitation to investment
      63 words
    • 129 16 BIOTONIC- (fin CAPSULES "1 4 J A Tonic for Vigour and Vitality! V,7i 7a 1 3 6 m n* I 1 m n Si u 4 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,
      129 words
  • Page 16 Miscellaneous
    • 30 16 wswsm Outlook for today: Cloudy; rain in several areas. Maximum temperature Associated humidity Minimum temperature Associated humidity Hours of sunshine Rainfall in millimetres Rainfol! this month Rainy days this month
      30 words

  • SHIPPING TIMES
    • PORT SIDES
      • 36 17 Reuter THE HONGKONG/Europe Freight Conference and the Hongkong/Gulf of Aden and Red Sea Ports Conference adjusted their Currency Adjustment Factor to minus 12 per cent from minus 10.5 per cent effective Sep 28. Reuter
        Reuter  -  36 words
      • 75 17 THE LATEST edition of the Register of Ships published by Lloyd's Register of Shipping is available. The three-volume 1984-85 edition includes full details of more than 75,000 vessels. For the first time, it is incorporating the subsidiary sections, which were previously available separately. These sections provide
        75 words
      • 49 17 OCEAN TRANSPORT and Trading has put up for sale two multi-purpose vessels the 21,130dwt Maron and the 21,180-dwt Mentor. The Maron, formerly the Studland Bay, was last serving on the West African service. The Mentor, ex-City of London, is currently deployed within the COBRA service.
        49 words
    • 387 17  -  By G DURAIRAJ TURNOVER of the major and medium-sized shipyards in Malaysia declined by 4 per cert last year, reflecting another poor year and competition in the shipbuilding industry. The turnover of the nine main shipyards totalled M 5282.7 million last year, compared
      387 words
    • 268 17 DEUTSCHE Afrika-Linen (DAL) has taken steps to counter a reduction in cargo movement to West Africa, particularly Nigeria. The Hamburg-based company has re-organised its management structure and it will reduce its workforce by 100. According to a survey by consultants E T Kearney, the
      268 words
    • 744 17 Shipping Lint Pag* Col Afeo VI 3 Ahrenkiel Liner VI '5 AC Toepfer X 5 Alphotrons VI 4 Alpoc VI 5 Antoh Orient X 3 APC Lr>e V 4 APL m 4/5 Arrow Unes X 4 ASCL Asiobroker V 5 Alios Lines X 5 Austovo Line V
      744 words
    • 353 17 SHIPS amounting to more than 120 million dwt will have to be scrapped in the next three years if the chronic oversupply of ships which threatens to undermine the shipping recovery is to be halted. The West German charter broker, Toepfer Transport, predicts that future scrapping
      353 words
    • 657 18 NYT A MYSTERIOUS cylindrical "minelike object" found in the Gulf of Suez almost two weeks ago is probably a tube-launched mine of Soviet manufacture. According to Egyptian military sources and others close to the investigation, a positive identification has not been made. But British
      NYT  -  657 words
    • 187 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
      187 words
    • 276 18 THE Mexican transport conglomerate, Trans portacion Maritima Mexicana (TMM), has recently secured six new vessels, bringing its total fleet size to 30 vessels. The new acquisitions represent a 32 per cent increase its total fleet tonnage. These acquisitions come hot on the
      276 words
    • 43 18 AP FISHERMEN on eastern China's Fujian province coast have salvaged a sunken Taiwanese tugboat with three corpses inside. The 40-ton vessel, Rongfengman No 3836, sank last month near the Taishan Islands along the province's northern coast, news reports said. AP
      AP  -  43 words
    • 1730 18 MISCELLANEOUS voyage fixing and slightly more active time-chartering was seen on the freight market on Monday, brokers said. Grain voyage fixing included the booking of a vessel with 55,000 long tons from US Gulf to Holland at a steady US$8 while cover was found for 17,200 long tons
      1,730 words
    • 815 18 AFP QUIETER conditions pervaded the freight market last week, and rates turned mixed. Rumours of Soviet fixing abounded on the time-char-ter section. Two handysized vessels were said to have been fixed, but details were scanty, although Great Lakes' trading was said to be involved and rates agreed were
      AFP  -  815 words
    • 199 19 ALL-WATER services from US Atlantic coast ports to the Far East appear to be gaining some cargo lost in recent years to minilandbridge service via the west coast. According to Seatrade Week, although declining westbound rates have equalised rates from the east and west coasts, rail
      199 words
    • 478 19 AP BAHRAIN'S environmental officials are seeking to verify a report of a mysterious 84 sq km oil slick in the central part of the Gulf. The report surfaced on Saturday after the tug boat Gallant 1 radioed that it had spotted
      AP  -  478 words
    • 66 19 Reuter AN INDEFINITE STRIKE due to start on Monday at the Indian ports of Mangalore, Tuticorin, Paradip and Haldia has been postponed. The Indian National Trade Union Congress said the postponement was due to a message from the Shipping and Transport Ministry that it would consider an official
      Reuter  -  66 words
    • 324 19 A FRESH attempt to ban merger proposals by North Atlantic shipping conferences will be made next month by the European Shippers' Council. The powerful user group is gathering fresh evidence to submit to US maritime authorities which, it is hoped, will force the
      324 words
    • 262 19 PHILIPPINE maritime officials are assessing the failures of big shipping projects financed by the government. "These projects are bound to be repeated if the procedures for screening the viability of highly capitalised shipping projects are not properly followed and respected," an official of the Maritime Industry
      262 words
    • 166 19 Reuter DAEWOO Shipbuilding and Heavy Machinery Ltd of South Korea has obtained a U5548.87 million financing facility for the construction of two tankers for Stolt Tankers and Terminals (Holdings) SA of Luxembourg in 1985. Mr KH Chung, executive director of KEB Finance, the lead manager, said
      Reuter  -  166 words
    • 4081 24 aaaBGWEB 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
      4,081 words
    • 656 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival date/ti for LCL movement Ship Voy me Operator cargo schedule Location Atrevida Niaga 42 478A 22/84 ***** 26.984 27.9.84 27.984 279 84 27 .9 84 ***** 27.9 84 27.9 84 27 9 84 27.9 84
      656 words
    • 1834 25 The leading shipping lines operating from local ports and their agents. A-B APE A African Shipping Agencies <S> Urt-KiruU Line Transgroup (S). Ahreaklel liner Service Kim Shpg (S). Alfred C Tsepfrr Oceanus Shipping Agen cies (S) Manntex Enterpnse (PK). Alptr In! rase a (S) Bintang Shpg
      1,834 words
    • 391 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Kota Wirawan 10/11 PIL alongside 26.9.84/2359 Kim Soo Li 21E T Soon alongside 26.9.84/1800 Builder III 22 T Soon alongside 26.9.84/0700 Crestbank 33/4 BOR alongside 26.9.84/1800 Golden Haven 44 Guan Guan alongside 26.9.84/1100 Antar 44 Jardine 26.9.84/1500
      391 words
  • Page 17 Advertisements
    • 525 17 TIMES Business Directory of Singajxirc (Bl'Kl! MKRAII) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE II jMitDa CONSORTIA II WEEKLY Freights II LONDON Freights 11/11 l SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X REGIONAL Weether X -322 JARDINE Jardines AMAH FULLY CONTAINERISED
      525 words
    • 252 17 NATIONAL LINE Of BAHRAIN, BAQ. KUWAIT, QATAK. SAUH ARABIA EXPRESS FULL) CONTAINER SERVICE UNITED ARAB SHIPPING CO (SAG) SFALORD SHIPPING AGENCIES 70 Shenton Way 04-02 C Marina House Singapore 0207 Tel *****94 Tele> No RS *****1 CFS office TPC 03-30 Tel *****31 and *****32 Terminal office TPC 03-29 Tel No
      252 words
    • 768 17 Foreign Exchan9e Dealings o*viD e c^*"' Pubkshmd&v TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel. *****44 A of t.mes cxQarvJ'Or SS6 50 Each MAERSK LINE FASTEST TO MIDDLE-EAST INAUGURAL SAILING M.S. ADRIAN MAERSK ETD SINGAPORE 29.9.84 CALLING: DUBAI 7.10.84 KARACHI 10.10.84 BOMBAY 13.10.84 ABU DHABI 9.10.84
      768 words

  • Page 18 Advertisements
    • 324 18 FAR EAST/EUROPE CONTAINER SERVICE Feeder |*p Retang vessel I Spore 1) Mseilles 2) Rdam 3) HburgU) Gburgl I VESSEL |1) 2) H burg S EDO BIBfIESI Sailed Sailed Sa.led S«M Sailed Sated I" Port Sailed Sailed Sailed Sailed Sailed 4/10 3/10 Sarfed Sailed Sailed Sailed Sated 9/10 10/10 Sailed Sailed
      324 words
    • 52 18 Storage Problems If you are having storage problem, then you can store your goods in our warehouse. We charge per piece/unit basis and our warehouse is around 15,000 sq ft ground floor, well covered with forklift easy loading unloading truck/containers etc. Please contact Mr. Lim or Mr. Oh, Tel No:
      52 words
    • 519 18 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES r USA/CANADA Pacific South WMt Pacific North Wnt Faadar at Tokyo Faadar at Kotoa Atlantic/Canada Faadar at Koba K T% SP IWtorVS. U/IB OA* Mrtiar *Sl SEAT H* PU> IMtar Vft 27/9 28/9 30/9 AMERICA* M 25/11 21/11 HMONE 29/11 30/10 2/11 KUUK 4/18 9/18 7/18
      519 words

  • Page 19 Advertisements
    • 956 19 The Straits Steamship Group a STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERS!* SERVICE TO/FROM BANGKOK i QCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT Carfo For: Haffltowf to Cope<dia(en. Aarhuv Gothenburj Rotterdam to Antwerp Amsterdam. Oslo Bremenhaven to Bremen Southampton UK refions. Belfast I Dubin Stockhotn.
      956 words
    • 559 19 NOTICE m.\. HIIHMH\K \M' \O%: armed r*d SrpWmher, I9M at P. 5..4. I|» dawn W. 31 3! General Suiw; of cargo ex Ihe .ibove vessel vk.ill he held ..n Monday. Lsi (Vtohei I<#4 from S <*» am lo 5 (10 |> m \<i (urfKrr sur-v e> will held after this
      559 words

  • Page 20 Advertisements
    • 677 20 1 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scandinavia, Med, Carribean S. America Inland hautauje to inland destinations in Europe TO EUROPE/MED S pore P Manj Pent teiioes fttuo Genoa Hburi Rdam Bha»en Antw Bertinn Rickmers 1/10— 1/11— 30/10 2/11 Feeder P Kelant Spore HK lonf Oakland Seattle/ Beach Tatoma
      677 words
    • 379 20 M S LINE tUMtt l» «<■ FULLY CONTAINERISED SERVICE r FROM EUROPE VIA SUEZ hkmof of the Ace Comortun *w3» •»u (eedet mid KOREAN MOMS SEVEN 191 KH I Beach Oakland Seattle Van BC HK STOW 10/10 27/10 29/10 1/11 2/U Ull 20 11 nmamt CONVENTIONAL SERVICE To/From BUSAN CONVENTIONAL
      379 words
    • 440 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTING PCI t ICI CARGO FOR m *C FlI MM WIN im Gh» 71/00 IVIO 71/10 a/10 74/10 75/1* 77/11 Cent* 01/10 75/10 01/11 07/11 04/11 05/11 07/11 CMtbjml U/10 05/11 11/11 13/11 14/1115/1117/11 also »cc(ptmc tci tci i ra/Fa to GOTXWURG AARHUS COPENHAGEN
      440 words
    • 997 20 KIE GWAN SHIPPING (M) SDN. BHD. No 26 ft I ALAN BERANGAN PORT KELANG SELANGOR MALAYSIA TCI No* *****2 *****5 *****2 *****4,*****2.*****7 H. MALAYSIA/S POWE TO E. MALAYSIA SERVICES: P KLANG S PORE t RITA Kkbiu. S>an In Pt/29 Sept tHATI SENANG KkWu S'kan. Tawau 30 Sept/5 Oct 6/8 Oct
      997 words
    • 188 20 CIS I NOSE r? MARITIME PTE LTD K4 KYOWALINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Sncaporc KYOWA BREEZE In Port f Kdanc Loadmf tor Madanf. Lae, Orobay. P. Moresby, Motau. Honiara. Kieta, Kimbe, Rabaul, Nauru Accept!* Contanen tor Ifcr—w/ South Pacific subject to inducement AGENTS SWGAPORf PORT KELANG PENANG SWQSt
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  • Page 21 Advertisements
    • 851 21 PIL GROUP EAST AFRICA/REDSEA SERVICES KOTA CAHAYA KOTAPUSAKA mam KARACHI/P.GULF SERVICES 23-26/10 28-31/10 COLOMBO/CHITTAGONG/RANGOON SERVICES VESSEL I VOYAGE I SINGAPORE jjCOLOMBO I BOMBAY RANGOON I CHITTAGONG KOTA JADE In Pt-27/9 V 2-4/10 I KOTA BERJAYA CP/40/84 12-15/10 20-25/10 28-31/10 j KOTABERKAT W-425 21-25/10 NAKORN KASEM VOY:2/84 KOTA BANTENGVOY: 11/84 2-3/10
      851 words
    • 831 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE UK HAM 17/10 19/10 75/10 77/10 1/U 3/11 (/ll 10 11 lt/U 11 U 74 11 ?t 11 1/1? 1/12 91? 11/1? 14/1? 11/12 21/12 24/12 EUROPE STRAITS FROM EUR Off HAM BHAVEN ROAM HAVRE UK P KfIANGS PORf FOR iMknW Saded
      831 words
    • 494 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE far East S pore Service Btrun Vofcohjfru Hob* ervice Full Container Vessel. ishama Koto* KaMmunj Hon|ton|S po>t l| Prnt GOW4 *12 Mi 24 0 M/ 1 1/11 510 410 MAiAPAH! .13 HB S 29 9 1/10 5/10 710 12 10 14/10 GOWAVI3W 1110 19 10
      494 words
    • 456 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Pagan V 77 Taung-Gyee V 166 Phastrwegyawywo V 245 Po-on V 75 S'pore In Pt-27/9 In Pt 25/9 1-2/10 7-8/10 P Kelong Penong BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG MEADOWBANK
      456 words

  • Page 22 Advertisements
    • 1432 22 k®A IV LINE KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND via IPI MICROBRIDGE ft MINILAND BRIDtiE) FEEDER/ MOTHER VESSEL PKLG PENANG S PORE T/S PORT LA/LB SEATTLE OAKLAND VAN BC T.W BRIDGE V2IE BAY BRDGE V 29 27 Sept 28 Sept (BU) 10 Oct 21 Oct
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    • 732 22 ifSfi CALIFORNIA PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE toada* lor lOS ANGELES SAN FRANCISCO SEATTLE lACOAU VANCOUVER BC Accept** ECt/ECt ContaawM P Aetam Smjapoif I Ai^eles SEE -MM 11/12 Oct I In AUSTRALIA EXPRESS CONTAINER SERVICE Accepted ECE/ECL Contaners VISHVA (MNUn RAABAS S pan Fran ?i Oct n Oct
      732 words
    • 546 22 SANKDASIA FROM JAPAMESE POUTS AND HOHGKOMG m GOLDEN LINE cam CHAN SNtPPtHC (PTE) ITD >■»( Tm| r>MU Bart I M Cfcfl SfTMI SMuran ohm i* »i«m (it iwsi W luju i<o> ***** f utit* ami 'enjnj MS4U Paw Gudjnc *|«X OWm UOID ID) SM H E «370 STRAITS/PERSIAN GULF SERVICE:
      546 words
    • 490 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa' Pla*a Singapore 0207 Tel *****1 1 <10 Lines) o BREAKBULK SERVICE TO EUROPE/UK S pore f Keianf Loadinf tor fAYROUZ 2 88M912 FORT NAHAMG *****11 ROTT/ANT/ILK (AVON) ROTT/ANT/UJUAVON) Fd SEAWOOD SHIPPING CORPORATION S pore P Kelang loadmj tor: FORT YALE Saied
      490 words

  • Page 23 Advertisements
    • 756 23 NOL NEPTUNE ORIENT LINES LTD I TO EUROPE/UK (VIA SUEZ): K CHANCE 19W SS BRIDGE 47W 0. CHIEF 41W 2/11 3/11 21/11 22/11 24/11 26/11 Also accepting cargo to/from Scandinavia MAETERLINCK S pore Closing Times: FCL Cargo 1800 27/9 LCL Cargo 0600 27/9 FROM EUROPE (VIA SUEZ) Havre TW BRIDGE
      756 words
    • 478 23 HEUNG-A SHIPPING Korean Flag Vessels I SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK. KEELUNG. BUSAN. INCHON No 7 Pawn 40W I 7/11 I 1?/H M/n NO h WJNAM WbNGIWRAL SURVEY 2% 984 f ROM WOO 1?00 MRS PPM GON 103 SP<*l »QNIS tfPTUNI «GI NCIi S PH I ID IH ?7899/; *****
      478 words
    • 506 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** f kelang M/S SHARK AT WAH SOON SON BHD IST AND 2ND FLOOR NO 1 JALAN CEMPEWNG PORT KLANG
      506 words
    • 97 23 DURBAN. JOHANNESBURG. MAPUTO. MAURITIUS REUNION WESTBOUND HAISBON VOYI7W SIN LOUIS DURBAN 4/10/84 20/10/84 ETD ETA DURBAN SIN EASTERN HARMONY 9E/84 Agents: Kim Shipping Trading Pie Ltd 63 Market Street. =08-06 Tat Lee BkJg S pore 0104 Telex RS ***** KIMTRA Tel *****8 m SHENG TAI LINE BEfiULAB LINER SERVICE TAIWAN-STRAITS-TAIWAN
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  • Page 24 Advertisements
    • 589 24 Itcgtonal Crataincr l-iiu-s (fSSmSii 3 SaHin w k, y in tiff .jfH Reliable Regular Punctual Berthing P.S.A. 1500 Hrs. Tuas, Thurs A Sat HINODE KISEN CO. LTD ULTRA HEAVY LIFT CARRIER Spore Loading for: KASUGA MARU In Port Bahrain A "VSI" 8/10 Oct Salalah. Dubai, Bahrain. Doha HeavySft 120 Tons
      589 words

  • Page 25 Advertisements
    • 141 25 PANALPMA Singapore 5 Continents—t Forwmrd»r Offering direct LCL Service to Hamburg with connection to European destinations (Germany/ Austria/Switzerland/Denmark) and vice versa. Nnt departure*: ETD Sqipore 30/9. 11/10. 11/10. 25/10. 4/11 PANALPINA WORLD TRANSPORT (S) PTE LTD Tel. *****11 Telex. RS ***** PASIN Cheng Lie Navigation Co., Ltd. CONTMO SOWS TO
      141 words
    • 83 25 BALTIC ENTERPRISES t PTE) LTD "I M( V\A> ::O.J .'.I J i /H'< ''if'" MS <'</•• ra AMI f Af>t >»•> S' ha; Ti( SM'l ETA no KSTMTKW PAMAMAM 25 Sept 27 Sept Ponton* NASA XL (HI 1974) 21 Sopt 30 S«p4 Som«rw*/Sdri»uyi SEMMUNG (HI 1974) 27 Sopt 29 Sopt
      83 words
    • 686 25 LIN LIN SHIPPING PTE. LTD. 1, Magazine Road. «OS-M. Central Building Singapore 0105 Tel 533M14 *****22 WEEKLY SERVICE SINGAPORE TO KUCHING ETA tTD In Port 27/9 4/10 5/10 VESSEL L* PET AUNG PROMPT SHIPPING LINE Sk. REGULAR MONTH. V (JO SXVKf TO NEST AfIBCAN TOUTS n STOB cor wen t
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  • Page 26 Advertisements
    • 89 26 DIRECT SERVICE TO DARWI V.H. I'IKhIVS A(OMI'AW ITVItIKi OAR WIN/SINGAPORE/DARWIN WITH WORLDWIDE CONNECTIONS WSSfI ETA/ETD P GUDANG ETH/ETD STOK OA DARWN FRANCES MY WOT 37 JO Sep 1/3 Otl 12 Otl FRANCIS BAY YOY-3* 9 No. 18/11 No* 20 No« Accept»( carpi lor major towns in Northern. Western Austraia Queensland,
      89 words
    • 84 26 Yk INDON SHIPPING PTE LTD. TEL: *****39. *****20 TLX: RS ***** INDON GOOD HARVEST LINES (OWNERS AGENT HOLDINGS PTE LTD) VESSEL ETA LOADING FOR: GOLDEN AMMAN Sid HODEDAH. IE DO AH P SUDAN MASTURA ZAHABIA IS/10 HOOEDAH. JEDOAH. AQABA WEEKLY LCL/FCL SERVICE P KELAMG. PNG MM. HKG WK CONCORD LINES
      84 words
    • 565 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FUU» CONIMCHSED SERVICE TO EUROPE IVU SIC 2) SpOff PKljoj IcMjrvfßdjm filo« Htwj B»*m Ant»»rp NAiIERIMCR IN 719 17/11 71/10 19/W 71/10 75/1070/10 ROMAN CHANCE 19N J/10 4/10 77/10 21/11 »/ll 77/10 78/1011/10 SEVEN SEAS BRCGi V47W
      565 words
    • 535 26 Everett Lines COMPANIA PERUANA DC VAPOREES (C.P.V.) "PERUVIAN STATE LINE" lujdiKf tor Call* M.itji*n. Ik) and ill other Peruvian po<ts antti transhipment it Mil On CPV Through H»Ms ot Udmc to fanal destination Penant HUGKVERETT MANOLOEVERETT lOHNEVERETT P Keianf S«»t»pof«t Gdn 29 30/27 Sept 3/5 Oct 6/7 Oct 12/14 Oct
      535 words
    • 687 26 If™ ZIM NOW CONFERENCE INDEPENDENT FULL CONTARO SfRVtCf accept** FCI/ICL canoes to USA East I Nest Coast Carnbbean and East Canada VISS£t 7M KEEIUNG M UM m TCWfTO wssti m ww roM WSSU /M a NO* I Oct 3 Not 13 No. It No. II Nt. 70 No. 21 Oct
      687 words
  • Page 26 Miscellaneous
    • 185 26 a Weather 3 m O K I £V 5 5? (iVi r0 1 IS a 082 s i 1 i m si A: 8 i."S M 5& BP m 5 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c/* Wind direction with speed in knots Wave height LEGEND
      185 words