The Business Times, 16 October 1984
1984-10-16
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The Business Times
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Title Section12 1984-10-16 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, OCTOBER 1«, 1984 60 CENTS12 words
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Article595 1984-10-16 1 AMY CHEOK - Accountants want stricter control of finances of non-profit making organisations By AMY CHEOK A CALL for compulsory external auditing of all large friendly societies and clubs in Singapore has been made to the Registrar of Societies by a group of local accountants concerned at the lack595 words
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Article, Illustration492 1984-10-16 1 LEE HAN SHIH - By LEE HAN SHIH A FLICK of a finger in sleepy Raffles Place yesterday evening and The Times Organisation was launched into the heights of space-age publication. The finger, activating a graphic facsimile receiver owned by Donnelley Times Satellite Services in Shell Tower,492 words
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237 1984-10-16 1 A RECENT tender for a condominium project has raised eyebrows among contractors who had to pay more than $1.5 million in tender deposits to the developer and not to the architect as is the normal practice. About 30 tenderers were asked by the architect237 words
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Article, Illustration73 1984-10-16 1 SHARE PRICES nae n the Singapore stock market yesterday la what may be the start sf a toekaieal reaetfoa after two weeks sf falls. Market pandits say that shoald Wall Street esatlaae te perform well, shsrt sellers may be forced te csver their psstttoas, thereby Imtflng share prices.73 words
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483 1984-10-16 1 SALES of private vehicles continued to drop in July and August. This is hardly surprising, considering the fact that some motor traders have taken to selling durians and mineral water in the past few months to boost their income. Latest figures483 words
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Article, Illustration421 1984-10-16 1 SOH TIANG KENG - By SOH TIANG KENG A LEADING American venture capitalist, Mr Fred Adler, yesterday suggested the creation of venture capital groups in Singapore with links to those in the United States. He said the Singapore government and the financial community could be421 words
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Page 1 Advertisements
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Advertisement105 1984-10-16 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM It s on the mark. New Balance 990. A running shoe that actually approaches perfection. Unsurpassed flexibility. Maximum heel support with a built-in patented Motion Control Device. Durable outersole that truly outlasts conventional ones. It's set and ready to g0...a long, long way. new105 words
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Advertisement269 1984-10-16 1 THE Posir Ris workers' resort OUR VIEW COMPANY NEWS project will not be a profit- ROBINSON a r k LUCY* THE C i UB 1 1 <1® »<* sood work in raising for lo«,eo" Choroid will co..r omloHoh ™""ey for chanties must be seen to be above reprooch All dismo|269 words
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Advertisement44 1984-10-16 1 LMKtor, Pag* 8 Full report, Pag* 13 Asian stocks, Pag* 11 International stocks, Pag* 10 Jssv* V C V > vt V* vcc(ustv 653 mm Wtf 653 (iktik lochs will ahvaiM h mtieed. Rodenstoch Quality before your eyes Sole Agents tor Singapore Maiavva Sin KW4nCOPTOi.PTC.I7D.44 words
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Advertisement6 1984-10-16 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM6 words
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HOME NEWS
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469 1984-10-16 2 BOEY KIT YIN - Extensive promotions fail to pull in the crowds By BOEY KIT YIN THE NUMBER of visitors to the MetalAsia/AutomAsia '84 exhibition fell short of its organiser's attendance target of 25,000 in spite of promotional activities carried out locally and abroad. The joint exhibition, a469 words
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96 1984-10-16 2 THE MINISTER for Labour has reappointed Mr Wong Hung Khim and Mr Liu Thai Ker to the board of the Central Provident Fund for a period of three years effective from Sep 24. Mr Wong, 46, is general manager of the Port of96 words
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Article42 1984-10-16 2 THE Multi-Revenue Collection Centre at DBS Bank, Woodlands branch, will be closed for renovations from Oct 15 to 23. During this period, members of the public are advised to use the other Multi-Revenue Collection Centres to pay their bills.42 words
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387 1984-10-16 2 LISA LEE - By LISA LEE NEW towns in Bukit Batok, Tampines, Bedok, and Yishun are taking shape with the recent award of Housing Board contracts totalling about $12 million. Earthworks for Bukit Batok New Town will be completed by Thong Huat Brothers which387 words
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292 1984-10-16 2 A TALKING car, manufactured by French carmaker Renault, is now available in Singapore. Although the car cannot converse with the driver, it will tell him in perfect English if something goes wrong with the car. But it does not just warn the driver of any292 words
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Article, Illustration161 1984-10-16 2 THE DBS Balldlag 1m Sheatoa Way (abeve) Is to be rawvated at a eastef|lS millton. The baak Intends to apgrade the building's febWee, lift em, lift CNtnl systems ud toilets. Wark is expected to start in Deeemher. lie meve cames ton years after161 words
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197 1984-10-16 2 A CHEAPER and more convenient way of buying gold in large amounts will be introduced tomorrow by the Overseas Union Bank. This .will be done through the 100-ounce Loco London (ie London delivery) gold certificates. There will be no specific physical allocation of gold197 words
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Article613 1984-10-16 2 GRAHAM MEAD ASSOCIATES will present two seminars on Office Automation in Singapore later this month. The first seminar, 'Office Automation An Executive Perspective', is a one-day presentation designed for senior executives. It will cover all the main aspects of the introduction of office technology from a strategic point613 words
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443 1984-10-16 3 LUCY NG - By LUCY NG THE PASIR Ris workers' resort project, undertaken by the Singapore Labour Foundation (SLF), will not be a profit-making venture. Rents to be charged by the SLF will cover operation, maintenance and replacement costs, but will not be enough to recover443 words
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Article, Illustration586 1984-10-16 3 ANNA TEO - By ANNA TEO THERE ARE about eight to nine thousand handicapped people in Singapore, and each year, about 200 people become disabled as a result of industrial accidents. They represent a viable source of manpower for the economy, if ways are open for them586 words
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Article320 1984-10-16 3 Seminars and courses DURATION TITLE VENUE ORGANISER Oct 18 Oct 19-20 Oct 20 Oct 21-Nov 2 Oct 22 Oct 24-Dec 28 Oct 25-27 Oct 26 Oct 27 Oct 27-31 Oct 29-30 Oct 29-30 Oct 29-30 Oct 29-31 Oct 29-31 Office AutomotionAn Executive Perspective Office AutomotionA Practical Course In Planning320 words
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232 1984-10-16 3 ROYAL Nepal Airlines Corporation has set up an office in Singapore to attract more tourists from the Republic, Australia, Brunei and other Asian destinations. The state-owned Nepalese airline, which has been operating through general sales agents, now has a sevenman team to look232 words
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433 1984-10-16 3 A MAJOR CAUSE of shipping accidents is fire, and about 40 per cent of these are caused by explosions on vessels undergoing repairs in shipyards. Dr Yeo Ning Hong, Minister for Communications and Second Minister of Defence, told the opening ceremony of the433 words
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Page 2 Advertisements
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Advertisement111 1984-10-16 2 When you fly Singapore Airlines, you have the option of taking a Stopover Holiday at any of 17 cities around the world at prices you simply can't pass by. The one low price gives you hotel accommodation, breakfast, sightseeing tours and, in most cities, airport transfers and discounts on car111 words
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Advertisement144 1984-10-16 2 V -rz re c L<- Dragon Glv SICHUAN RESTAURANT *li*Jll*sß4* 228 Masterfully Prepared Sichuan Sea Food Dishes Ah Dragon City's menu. 228 dishes. Cold dishes, hot dishes, dumplings. Each one superbly prepared. Delight your taste buds with our hot dishes from boneless smoked Sichuan duck to the Dragon City Special144 words
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Page 3 Advertisements
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Advertisement304 1984-10-16 3 CENTRED MANAGEMENT CERTIFICATE PROGRAMME COMMENCING 12TH NOVEMBER 1984 The PEOPLE-CENTRED MANAGEMENT CERTIFICATE PROGRAMME is a cost and time effective programme that will enable managers to acquire the knowledge and skills required to implement the PEOPLE-CENTRED approach to management. It is designed to be directly relevant to the work situation of304 words
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OVERSEAS
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471 1984-10-16 4 Bernama THE MALAYSIAN economy is expected to grow at between 5 and 6 per cent at the end of the New Economic Policy period compared with the target set by the government of between 7 and 8 per cent. Acting PrimeBernama - 471 words
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Article, Illustration351 1984-10-16 4 Reuter A HUGE police hunt went on yesterday for an Irish Republican Army (IRA) assassination squad believed to be at large in Britain. Police tightened security on Prime Minister Margaret Thatcher andReuter; AP photo - 351 words
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Article120 1984-10-16 4 UPI F&RMER president Jimmy Carter predicted a second debate victory for Mr Walter Mondale because "Mondale has all the advantages in the foreign policy field." Mr Carter said in an interview with Newsweek: "There have been successes and a series of embarrassing failures under Reagan:UPI - 120 words
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157 1984-10-16 4 Reuter FRANCE, alarmed by an Irish guerilla bomb attack on the British Cabinet, successfully insisted on armed guards for President Francois Mitterrand's state visit to London next week, a British newspaper said. A row broke out last June when two of Mr Mitterrand's bodyguardsReuter - 157 words
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420 1984-10-16 4 Reuter PRESIDENT Reagan said he told Soviet Foreign Minister Andrei Gromyko during their recent meeting he would be willing to discuss a mutual moratorium on anti-satellite weapons testing as a first step towards arms control. In an interview with theReuter - 420 words
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187 1984-10-16 4 UPI STRIKING Disneyland ride operators and other workers reached a tentative settlement of their 20-day walkout against the magic kingdom and are to vote on the agreement today. The breakthrough came late on Sunday night after nine hours of talks held at the request ofUPI - 187 words
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498 1984-10-16 4 NYT A NEW ERA in communications began yesterday with the inauguration of pay telephones on airborne commercial jets. Passengers on 20 wide-body jets owned by six American airlines can now call anywhere in the US while flying across North America. The service, which isNYT - 498 words
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492 1984-10-16 4 NYT PRESIDENT Ronald Reagan of the US, acting on intelligence reports that Soviet eavesdropping is a serious security threat, has ordered the creation of a Cabinet-level group to combat it. Mr Reagan signed a directive three weeks ago spelling out the extent ofNYT - 492 words
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Article186 1984-10-16 4 UPI INTELLIGENCE experts say Israel has developed a top-se-cret arms relationship with China and is re-equipping Beijing's tank force with modern guns and fire-control systems. A competition to help China modernise its force of 9,000 battle tanks, all of 1950s Soviet design, had been consideredUPI - 186 words
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598 1984-10-16 4 THE RANK and file of United Auto Workers (UAW) ratified a new General Motors Corporation contract, hours after the union reached a tenative pact with Ford Motor Co, giving 114,000 workers similar wage and job security provisions. UAW president Owen Bieber and598 words
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159 1984-10-16 4 Reuter A FUTURE Labour government in Britain would boost output for the home market and might impose import controls, Labour Party deputy leader Roy Hattersley said. Mr Hattersley said the party might have to introduce an income policy and radically reorganiseReuter - 159 words
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567 1984-10-16 5 Bernama THE DEBATE between the ruling United Malays National Organisation (Umno) and the opposition Islamic Party (PAS) will be held on Nov 11 if both parties agree on the details, Umno secretary-general Datuk Seri Sanusi Junid said yesterday.Bernama - 567 words
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Article115 1984-10-16 5 Reuter TAIWAN is planning to relax its strict foreign exchange controls to allow private individuals to invest on foreign stock markets. A central bank official said this would help the government to curb inflationary forces, created mainly by a record trade surplus of US$6.6 billionReuter - 115 words
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218 1984-10-16 5 Reuter JAPAN'S stockpiled crude oil and refined oil products at endAugust rose to a record equivalent of 136 days of national consumption, the Japanese Trade and Industry Ministry said yesterday. A ministry spokesman said the August figure comprised 59.38 million kilolitres (kl) of privateReuter - 218 words
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Article, Illustration263 1984-10-16 5 MALAYSIA and Japan have agreed on a compromise formula that will involve Japan Airlines in MAS' joint operation with Northwest Orient to the West Coast of the US through Tokyo. The formula was agreed to at an informal meeting between Prime MinisterUPI photo - 263 words
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254 1984-10-16 5 Reuter A CHILD was killed and at least 11 other people were injured yesterday at the start of a protest strike called by separatists in the northeastern Indian state of Tripura. Police said members of the outlawed separatist TripuraReuter - 254 words
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205 1984-10-16 5 Reuter THE BANGLADESH capital of Dhaka had no newspapers yesterday after journalists and editors stopped work on Sunday night saying the military government was trying to restrict reports of opposition activities. Journalists said government press officials asked them over the telephone on Sunday night to avoidReuter - 205 words
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535 1984-10-16 5 NYT Brazil has concluded a major military cooperation agreement with Saudi Arabia that should result in a new rise in Brazilian armament sales to the Middle East. Already the world's sixth largest arms exporter, Brazil has sold military equipment in recent years toNYT - 535 words
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Article165 1984-10-16 5 AFP SIXTEEN more people were arrested in West Java as the number of Muslim clerics and dissidents held for allegedly circulating anti-government pamphlets and tapes kept increasing. The government-backed daily Suara Karya reported that the 16 were being interrogated prior to an appearance in court. AAFP - 165 words
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295 1984-10-16 5 AFP THAI student leaders have announced plans to discourage imports of luxury goods from Japan, blaming Tokyo for a trade dispute. Activists announced the campaign on Sunday during a march to commemorate the 11th anniversary of an uprising against military rule. One ofAFP - 295 words
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130 1984-10-16 5 AFP MOST Americans think their media report the news accurately and honestly, but their confidence in newspapers has fallen. A survey carried out by the Gallup Institute and published in the latest edition of Newsweek said that only one out of three respondents saidAFP - 130 words
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Article245 1984-10-16 5 Reuter, UPI THAI secessionist rebels fighting to establish an independent Muslim state in Southern Thailand are receiving military training abroad, a senior army officer said yesterday. Lieutenant-Colonel Banchorn Chawarnsilp said there were about 340 to 420 secessionists operating in Southern Thailand, but declined to say howReuter,; UPI - 245 words
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282 1984-10-16 6 AFP, AP THE AMERICAN military command, faced with gloomy assessments of the prospects for Philippine President Ferdinand Marcos remaining in power, has quietly leased land in the Mariana Islands as a possible alternative site for its Philippine bases, Newsweek magazine reportedAFP,; AP - 282 words
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162 1984-10-16 6 Reuter THE PHILIPPINE economy will contract in 1984 and year-on-year inflation will peak at 65 to 70 per cent at the end of the year, from around 60 per cent in August, as a result of austerity measures, the country's Trade and Industry Minister, RobertoReuter - 162 words
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138 1984-10-16 6 UPI THAILAND has withdrawn all its troops from three disputed villages along the Thai-Lao border, foreign ministry spokesman Sawanit Kongsiri said yesterday. The three villages, 600 km north of Bangkok, have been at the heart of a months-long border disputeUPI - 138 words
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407 1984-10-16 6 UPI THE BRAZEN "man with 21 faces" extortion gang yesterday taunted police in a letter that claims it paid children to place cyanide-laced candies on supermarket shelves. In a letter addressed to National Police Agency Superintendent General Sadayoshi Suzuki, they boasted theyUPI - 407 words
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237 1984-10-16 6 AP CAMBODIA'S information and culture minister has dismissed a United Nations proposal to declare the Angkor temple a demilitarized zone, and said countries interested in preserving the sacred complex should deal directly with the Phnom Penh government. Minister Chheng PhonAP - 237 words
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Article797 1984-10-16 6 ARRIVALS Operator S«rvic« number Local time From PAA CAL MAS MAS MAS MAS RBA SIA CPA OA SIA SIA SIA PA5 CI009 MH681 MH60I MH67I MH811 BI42I SQ103 CX7I0 GA960 SQI05 SO 20) SQI9I 0020 0040 0820 0905 0935 0940 1000 1005 1035 1100 1105 1115 1210797 words
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Page 4 Advertisements
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Advertisement104 1984-10-16 4 mall or large meeting, you get abig welcome. Si* l He 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 be104 words
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Page 5 Advertisements
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Advertisement82 1984-10-16 5 i Hi i <) K( 11 r STY"! f. ■1\ ifezjm. m I ii< \(»ASM/ < out >hm w.if*-j vjoM wait h LONGINES You're not dressed your best unless you're wearing Longines. TftlTO* (F4O £451) PTE. LTD. THlTOr* (F4P E4SI) SOU. BHO. Showroom <md Service Centre W2, Orchard Road #0182 words
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Page 6 Advertisements
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Advertisement157 1984-10-16 6 Even rarer in banking circles than three stars in restaurant cuisine. Triple A ratings are shared by only a handful of banks around the world. And one of this select band is the Commonwealth Bank of Australia. In fact the bank's creditworthiness is so high that it has been awarded157 words
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Advertisement11 1984-10-16 6 Pan Am First Class. Space, first In Luxury. First In Comfort.11 words
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BANKING AND FINANCE
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Article854 1984-10-16 7 SINGAPORE: The US dollar extended earlier gains yesterday against major currencies in moderately active trading on local short-covering and European buying. It was underpinned on Friday by news of a 1.6 per cent rise in US September retail sales and a 0.2 per cent drop in wholesale prices.854 words
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Article224 1984-10-16 7 Interbank rates at 3pm Local dollon to om unit o# foreign «wlodyeoi 1erdey e reeopeftty atango currency US dolor Sterling pound Australian dolor NZ dolor Canadian dolor 2.1700 2 6365 1 8000 1.0491 1 6429 2.1710 2.6399 1 8019 1 0518 1 6443 2 8196 7 3469 *****224 words
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Article316 1984-10-16 7 EURODOLLAR futures yesterday again opened higher than its previous close on Friday and in line with CME's highr close. December Euros opened at 88.79, six ticks higher than last Friday's close and traded from 88.81 to 88.74 before closing at 88.76. The March contract opened at 88.49 as compared316 words
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Article, Illustration90 1984-10-16 7 THE OVERNIGHT rale rose by 5/16-point from Friday to close at 713/16 per cent on the Singapore interbank money market yesterday. One month maturities dropped 1/16 point, while two and three-month maturities remained the same as Friday's close of 8 3/16 per cent each. fOCAIB fee mrxe ft*90 words
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Article256 1984-10-16 7 ASIAN dollar deposit rates closed slightly above opening levels in light trading yesterday. Some bidding interest in the afternoon pushed short-dates higher and overnight and week fixed both closed up 1/16 point from the opening, at 10-5/16 10-3/16 and 10-7/16 10-5/16 per cent respectively. uss OH* fed256 words
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Article231 1984-10-16 7 HONGKONG The market finished lower yesterday due to the strength of the US currency, with sporadic European selling in the afternoon noted. It ended at U*****.90/ 339.30 an ounce against an opening $339.60/340.10, Saturday's close of $340.45/ 96 and New York's Friday finish at $341.50/342.00. On the local market,231 words
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329 1984-10-16 7 Reuter SWISS national bank president Fritz Leutwiler said that central bank intervention against a clear market trend cannot have lasting success unless accompanied by a readiness to make a fundamental change in monetary policy. In a speech prepared (or the German-Swiss Chamber ofReuter - 329 words
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184 1984-10-16 7 Reuter THE BANK of England does not have any plans to issue written guidelines or regulations for Euromarket transactions. A spokesman for the bank was responding to a question, following press reports that the bank plans to draw up written guidelines requiring banks toReuter - 184 words
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Page 7 Advertisements
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Advertisement122 1984-10-16 7 Only Royal Brunei can offer you Brunei on the way to Hong Kong, Manila or Darwin. '*fS If you have business in Brunei, only Royal Brunei can offer two flights a day,(three on Friday and Sunday) to Brunei. Then when you've finished your business in Brunei we can fly you122 words
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Advertisement310 1984-10-16 7 Chubb reveal of a real fire. The new Chubb 3406 One-hour Fire Protection File has an amazing history few brands can boast of. (Not even those that are supposed to be Two-hour Files). Before it was given the green light for production, the Chubb 3406 was put through the worst310 words
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FEATURES
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Article546 1984-10-16 8 THERE CAN be few sicker ways of making money than by diverting it from the needy. Cases of clever charity canvassers convincing others that it is better to give than to receive, while themselves receiving more than their fair share, demand action. The canvassers who asked for a546 words
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Article, Illustration1116 1984-10-16 8 ASIAH YUSOF - Malaysia's stagnating agricultural sector needs a push in a new direction The long-awaited national agricultural policy emphasises increased food production as a high priority and one of its strategies is the consolidation of farmers in the traditional sector on the principle of maximising farm incomes and commercialisingBernama - 1,116 words
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626 1984-10-16 8 MARK O'NEILL - By MARK O'NEILL Reuter AN INDIAN cargo ship carrys iron ore to Shanghai and a donkey laden with Indian hair oil, salt and pickles climbs over the Himalayas to Tibet. Both are signs of a new honeymoon in trade between China andReuter - 626 words
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Article, Illustration880 1984-10-16 9 CLYDE HABERMAN - By CLYDE HABERMAN NYT MANY CITIES build subways. Seoul makes a crusade of it. Workers tunnel underground around the clock, just about every day of the year. Throughout the oity, streets look like steel-plated moonscapes, pitted and deeply burrowed. Traffic, rarely smoothflowing inNYT - 880 words
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Page 8 Advertisements
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Advertisement201 1984-10-16 8 VIEWS OF EARIY SINGAPORE A collector's edition of six fine quality prints reproduced from rare lithographs dated 1828 to 1840 v g4' °'"piin t Vf IK i a <r 4# ~'t M\ rii > r- c .<•#»* ,1 >* N 'T* Vr. >i jr.^L it To mark the occasion of201 words
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Page 8 Miscellaneous
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Miscellaneous707 1984-10-16 8 CRYPTIC PUZZLE ACROSS 3 Cast down with one Mow (5) 8 Does such a state col for apology? (5) 10 Buiding with a bend in the water p«pe (5) 11 Mother gets a line from her (3) 12 Gorment with a hand cut piece (5) 13 Fefcne islander (4. 3)707 words
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SPORTS
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Article, Illustration874 1984-10-16 9 MURRAY CHASS - By MURRAY CHASS NYT THEY LED their Division after their first game of the season, and npw they lead the major Leagues after their last. The Detroit Tigers, whose 104 regular-season victories indicated they were the,best team in baseball thisNYT - 874 words
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Article, Illustration459 1984-10-16 9 GARY KALE - By GARY KALE UPI JOHN HENRY, rated by Jockey Chris McCarron in fifth place with about a 400 m to go, went into high gear during the stretch drive on Saturday to win the US$4OO,OOO inaugural Ballantine Classic by two-and-three-quarter lengths at the Meadow landsUPI - 459 words
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426 1984-10-16 9 WALTON MORAIS - By WALTON MORAIS OLD TENNIS PLAYERS, unlike wine, do not get better with age. This truism could hardly have been lost on the spectators who watched Sunday's final of the Toyota Singapore Open grasscourt championships. They were calling it TarikGardiner ID" but for426 words
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Page 9 Advertisements
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Advertisement39 1984-10-16 9 A CONVENTION/SYMPOSIUM BROUGHT TO YOUfcY .w Date: 29th-3ist October. 1984 SINGAPORE Venue: The Gallery, Mandarin Hotel JAYCEES Registration Fee: US$2OO.OO/*****.00 For more details, Dlease contact 112. Middle Road, #04-01, Midland House Singapore 0718 Tel: *****07 TLX RS ***** BAS39 words
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Page 9 Miscellaneous
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Miscellaneous719 1984-10-16 9 TO IMb MM) CHANNEL 5 2.30 PM SBC Text "Live" Sample Pages 3.00 Opening and Programme rtghKftits folowed by Yesterday's GKter 4.00 Chinese Artefacts (Mandarin) 4.15 Selo Behind the Scenes 4.25 Our Songs (Tamil/r) (Last episode) 4.55 The Comic Book Kids Kids of Sherwood Forest 5.20 Battiestar Gaiactka The Man719 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration562 1984-10-16 10 NYT A DECADE ago, Chicago's two major banks felt that they could not get any respect. Frustrated with being merely large regional banks, the First National Bank of Chicago and the Continental Illinois National, Bank and Trust Co decided theyNYT - 562 words
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Article84 1984-10-16 10 FT WESTDEUTSCHELandesbank (Westlb), the largest publicly-owned bank in West Germany, has confirmed that it intends to omit a dividend again on this year's results in order to strengthen reserves and risk provisions. Westlb, which is owned by the state government, savings banks and other public authoritiesFT - 84 words
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313 1984-10-16 10 NYT IF CORPORATE takeovers both real and rumoured are taken out of the stock market these days, not much is left to help lift equity performance. Investors seem to be spending much of their time worrying about the direction of the US economy andNYT - 313 words
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439 1984-10-16 10 Reuter DISCOUNT fares have battered the third-quarter earnings of a few major carriers but the US airline industry has managed to boost combined operating profits by more than 50 per cent from year-ago levels. Andrew Kim, analyst for F Eberstadt said: "Last quarter, despiteReuter - 439 words
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Page 10 Advertisements
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Advertisement438 1984-10-16 10 The BEEFEATER At LI AT TOWERS! HIM If you've had enough of seafood restaurants and Chinese 10-courae dinners, Hie Beefeater gives you the true-blue English alternative. If you've outgrown disco-dubs and are tired of cocktail lounges with noisy live bands, sneak in at "The Beef The music hero is played438 words
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Advertisement122 1984-10-16 10 The President Lounge TksurtsoimJstftklSly^^ T M. !l t fi V »V. The a captivating al-pii band from Taiwan will sing your favountt numbers while you unwind after a hard da>'» wort with a favounte dnnk Relax with The Nightingale* and The New Semauons. our throbbing reader* band Daily Preadent's j122 words
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Advertisement114 1984-10-16 10 MEMBERSHIP FOR SWIMMING POOL MEMBERSHIP FEE Single $15.00 per month Couple $25.00 per month Family $30.00 per month Group/ Company Negotiable ENTITLEMENTS: Exclusive use of the Swimming Pool on 3rd Floor of the Hotel from 8:00 a.m. to 9:00 p.m. 10% Discount on all meals in Cafe De Grand. 10%114 words
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Advertisement142 1984-10-16 10 w *r.i JT.Z jg Feng Cheng L6U for the best Teochew food in town. Discover lV mouth-watering delights prepared by hong Kong chefs. And feel like royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00 pm for djnner ®PWWttfOTEL142 words
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ASIAN STOCKS
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Article354 1984-10-16 11 HONGKONG: Share prices closed moderately higher yesterday on favourable technical factors and higher overseas prices. Prices progressed steadily after a quiet opening, and a bout of overseas institutional buying brought shares to close at the "day's high. The Hang Seng Index finished just below the 1,000 mark at 999.09,354 words
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Article194 1984-10-16 11 OCT 15 NT 7 20 0 2 Cham Indus Lien Hwa Indus 18 80 1325 29 80 -04 -0 15 -1 2 25 20 -06 26 00 -09 2580 -04 Pacific Elect Chang Hwa Bank 56 50 -1.5 Wire I860 -04 20 40 -0.2 168 -0 12 20 30194 words
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Article376 1984-10-16 11 SYDNEY: Share markets closed firm on improved turnover yesterday as investors responded to positive signals from abroad. The All Ordinaries Index was four points higher at 753.1, the All Industrials marker 4.8 up at 1,085.3 and the All Resources Index 3.3 firmer at 495.8. Rises outnumbered falls by around376 words
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Article67 1984-10-16 11 Oct 15 Won 656 Hyundo) Corp Hyuodoi Motof KAL 1015 612 510 720 -4 3 4 +5 Choheung Bk 620 675 -1 Korea Oil 1322 430 •13 -8 561 3 Lucky Ltd 791 -3 490 -2 735 4 Daewoo tnd 640 681 -1 -9 Sarmung Eke 862 1393 -567 words
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Article345 1984-10-16 11 TOKYO: Share prices closed sharply higher yesterday as fresh buying spread over a wide front with blue chips and populars leading the way after a weekend surge on Wall Street. The market average rose 95.60 to close at 10,780.18 after Friday's 12.28 fall. Turnover was a light 260 million345 words
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Article153 1984-10-16 11 BANGKOK: Stock prices closed lower in quiet trading yesterday. The Book Club Index fell 0.45 point to 119.68 and turnover rose sharply to 1.54 million shares from Friday's 180,633. Siam Citizens Leasing Ltd led the day's activity with 1.28 million shares changing hands. The Stock closed unchanged at 26.25153 words
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Article134 1984-10-16 11 MANILA: Share prices closed mixed yesterday and trading remained dull on the Manila Stock Exchange despite the lifting of foreign exchange controls and international monetary fund acceptance of the Philippines' letter of intent for an economic recovery programme. witol B T C 1013 +0001 Owl 15 r noa r134 words
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60 1984-10-16 11 Reuter MATSUSHITA Electric Industrial Co says that it will make a one-for-ten bonus stock issue on January 10, 1985, for shareholders registered on November 20, 1984. The new issues will bring its capital to 1.75 billion shares worth 87.59 billion yen from 1.59 billion sharesReuter - 60 words
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Article367 1984-10-16 11 Casio focuses on R D FT CASIO Computer Company has been one of this summer's strongest-performing stocks in Tokyo, trading recently above 1,600 yen against a level of around 1,200 yen in June and 1,300 yen in May, when the Tokyo market as a whole was at its all-time high.FT - 367 words
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169 1984-10-16 11 OCEAN Incorporation, a subsidiary of Keck Seng Investments (HK), has agreed to acquire a controlling interest in two Macau properties owned by a private company of the Ho family. The conditional purchase agreement for several floors of Luso International Bank Building and Phase n169 words
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Article97 1984-10-16 11 JACK Chia International, a trading, property investment and manufacturing company, has announced lower profits for the year to March 31. After-tax profits, before extraordinaries, came to HK$2.4B million, down 48 per cent from $4.78 million in the previous year. The results were ad- versely affected during97 words
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Page 11 Advertisements
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Advertisement268 1984-10-16 11 @=\-[|`&_=}++&,^>?];:.+.&>,/^@` Paramount Hotel th• ftjppr p#op/« 0O A -c -v> D*coff>e^c^ 11. ilft(« I lit- I.* LL i»8 nwWQ i Pmmmimmti mm* to*. V 9Ht Valued in all ways A MEMBER OF THE UNITED OVERSEAS LAND GROUP 7500Baacn Reed SfigapceOria TONIGHT! PLJJG INTO AN ELECTRIFYING EXPERIENCE! THE lON BAR I268 words
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Advertisement115 1984-10-16 11 Good Food At Fair Prices Hi Ml 1 NOW OPEN FOR BUSINESS Where Peking Sichuan Cuisines Reach the Very Peak of Perfection. Where Every Dish is Carefully Created By Our Master Hong Kong Chefs. At the Cairnhill Hotel. Lunch time: 11:00 am 3:oopm Dinner time: 6:oopm 11:00pm Afixnrfii Jfo/ff# 19115 words
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RAW MATERIALS
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313 1984-10-16 12 Reuter A DECLINE IN rubber prices to their lowest levels this year, based on the International Natural Rubber Organization (Inro) five-day average price, has resulted in a slight pick-up in hitherto dormant factory buying interest. The average for Oct 11 was 184.63 MalaysianReuter - 313 words
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316 1984-10-16 12 Reuter THE ASSOCIATION of Indonesian Coffee Exporters has recommended to the Indonesian government that no extra International Coffee Organisation (ICO) shipments be made in the first quarter of the coffee year which started this month. Association chairman Daryono Kertosastro said the freeze wasReuter - 316 words
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238 1984-10-16 12 UPI THE SOVIET UNION may be forced to import a record 50 million tonnes of grain this marketing year as the poor condition of its 1984 harvest becomes increasingly obvious, US government analysts said last Friday. The US Agriculture Department, in a monthlyUPI - 238 words
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Article79 1984-10-16 12 UPI COTTONSEED FOR breakfast, anyone? The Yazaki Corp of Shizuoka, Japan which bought Rogers Detinted Cottonseed Co of Waco, Texas (the firm that developed edible cottonseeds called Cot-a-Nuts) is attracting much American interest. Cottonseed is now primarily used for cattle feed because the glands in the cotton'sUPI - 79 words
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Article323 1984-10-16 12 SINGAPORE The market closed marginally lower yesterday with November One RSS buyers quoted at 177.75 cents per kg, down 0.25 cents from Friday. Prices in the morning session were fractionally lower on light selling. In the afternoon, values remained unchanged throughout with dealers sidelined in featureless trading. There was323 words
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Article126 1984-10-16 12 MALAYSIAN crude palm oil prices closed higher on light-covering yesterday, after Friday's sharp rise in Chicago soyfutures. Trading was quiet and October deliveries in the central region rose Mslo to $1,195 per tonne, and south $12.50 to $1,137.50. South and central November rose $22.50 to $1,132.50. The refined126 words
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Article346 1984-10-16 12 RAS prices (in S cents/kilo, FOB m boles) NOON CLOSE Buyers Sellers Buyers Sellers bit 1 RSS prompt 176 00 177 00 176 00 177 OON Int 1 RSS Nov 177 75 178 25 177 75 178 25 Int 1 RSS Dec 179 75 180 25 179346 words
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Article105 1984-10-16 12 (cents/kg, 1-ton pellets) November December (current mth) (forward ruth) NOON NOON RAS Buyers Sellers Buyers Sellers SSR20 >73 00 175.OON 174.00 176 OON SSR50 171 00 173.OON 172 00 174 OON MRELB Buyers Sellerj Buyers Sellers SMR CV 207 00 209 OON 209 00 211 OON SMR105 words
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Article101 1984-10-16 12 The Kult Lumpur Tin Market price yesterday remained at the International Tin Agreement fleer-level ef M 521.15 per kgIn the absence ef Interest from ether sectors, the hnffer stock manager con tinned to provide support at this level, taldng the hoik of the tnrnover of 213 tonnes, np101 words
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Article160 1984-10-16 12 Yarn (In HK$ per bob of 400 M>) China carded yarn, cones Blue Phoenix 16's 3,350 Blue Phoenix 20's 3,500 Blue Phoenix 32's 3,800 Blue Phoenix 40'» 4,150 Carded yarn, hank Blue Phoenix 21's 3,550 Combed yarn, cones Blue Phoenix 32's 4,850 Blue Phoenix 40'» 5,000 Open-end yarn Blue160 words
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Article1170 1984-10-16 12 COFFEE November robusta futures ended the morning £47 up at £2,463 but below the high of £2,483. Other positions were £25 to £15 up. November's rally in light volume reflected trade, commission house and outsider buying and short-covering. Trade houses were buyers of January, while sellers were mostly1,170 words
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Article154 1984-10-16 12 Chinese Produce Exchange Robusta 20/25% FOB NSW Nutmeg 502 50 (Sellers' noon dosing c rices on Oct M0 FOB NSW 363 00 15 S$/100k 9 B W FOB NSW 256 00 Coconut oil Gombier Bulk FOB 195 00 FOB NSW 305 00 04d drum FOB 208 00 New154 words
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Article280 1984-10-16 12 Singapore C-1 special C-1 Ordinary unq unq (SS/kilo, ei-godown) Looniam 100% Thai white first grade unq 100% 1st class (kangaroo) 100% second grode 100% third grade 260 unq new crop 1 03 Parboiled 100% 2nd class 073 5% 252 247 100% 3rd class 0.71 10% 25% new crop No280 words
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Page 12 Advertisements
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Advertisement103 1984-10-16 12 Advertisement 4* ft nun in <&£ H i» 1 3S^ 5^5 J® li K Pi n s. iKE \»r 2% 53 >*^ m "73 ■Y» ®S r i Leave the tediou/ work to the Pro/ "Yes"? *>•' yrrxTTTrr^rn •5 *5 v \j\C till vs TJ -n -n X 7* I£103 words
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SHARE INFORMATION
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Article, Illustration4109 1984-10-16 13 SHARE prices, buoyed by Wall Street gains on Friday, steadied yesterday on the Singapore stock market. The BT Composite Index rose 0.46 point to 765.45 while the Straits Times Industrial Index gained 4.03 points to 858.79. The market opened on a quiet note,4,109 words
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Article255 1984-10-16 13 SINGAPORE Rii M* Indices Poo-El Vk 324 S P P 129 M.f— Corp. 316 Tw> Smf HU* BO (mm 466 >■!■# 370 lodaiwi Mm 282 hot** Ml 276 Sri Mirtimi 232 PnM 570 Falls C.fl.M Wrtl 352 OMdikkr 615 G I Lit* 1790 12 +9 +8 +7255 words
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Article456 1984-10-16 13 THE Kuala Lumpur stock market closed on a slightly easier note yesterday in another round of lacklustre trading. Interest remained selective with a number of situational issues going against the general trend to close on the plus side. With the lack of interest, turnover456 words
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Article2917 1984-10-16 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with tbe number of shares traded shown In brackets In lots of I,ooo.units unless otherwise specified. AU Time Settlement Contract» are quoted after the word "BTT. Big2,917 words
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Page 13 Advertisements
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COMPANY NEWS
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Article, Illustration728 1984-10-16 14 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI THE Singapore stock market has been steadily losing ground to stale bull liquidation and forced selling since early February. Even the much-vaunted technical rally of late July/ early August has now been labelled (on hindsight) by most728 words
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566 1984-10-16 14 CHAMPION Spark Plug Company, the US-based motor components manufacturer, is making a serious effort to secure a bigger slice of the spark plug market in Malaysia and South-east Asia in general. For a start, it has entered into an agreement with a566 words
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Article97 1984-10-16 14 HONGKONG Australian Industrials Hang Seng Index Monday 1085.3 Friday 1080.5 Monday 999 09 Week ago 1065.9 Friday 983.14 Week ago 963.50 NEW YORK TOKYO Dow Jones Friday 1190.70 Tokyo Dow Jones Monday J 0780.18 Thursday 1183.08 Week ago 1182.53 Friday ***** 58 Standard and Poors Week ago *****.9397 words
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Article211 1984-10-16 14 Managers' prices Second B'putro 490 495 for Oct 16 Third B'putro 4 08 4.13 Fourth B'putro 4 42 4.47 Singapore Unit Trust Fifth B'putro Sixth B'putro 300 2 91 305 296 The Commerce 2.67 2.83 Seventh B'putro (A) 206 2 11 The Sovngs Fund 1.78 189 Seventh B'putro211 words
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Article2020 1984-10-16 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 Alcom (1.448 1.455) (2) 1.46 (1) 1.43 (55) 1.452,020 words
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103 1984-10-16 14 Morgan Grenfell to get stake in Pember Boyle Reuter MERCHANT BANKERS Morgan Grenfell Holdings Ltd and government bond dealer Pember 6 Boyle have agreed in principle for Morgan to take a five per cent stake in the bond company, a Morgan Grenfell statement said. Financial terms were not disclosed. TheReuter - 103 words
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582 1984-10-16 14 nu ■MLB DBS BANK is unlikely to achieve double-digit growth rates in the next two years, given the softness in most of the areas where the bank's loans and non-banking activities are directed. But its emphasis on strengthening its domestic banking582 words
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Article41 1984-10-16 14 Reuter BARLOW Rand Ltd said its bid for control of JBibby Sons PLC has been "highly successful" with its ownership reaching 90.5 per cent of Bibby shares at the close of the offer last Friday night. ReuterReuter - 41 words
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Article115 1984-10-16 14 TRACTOR8 Malaysia Hidings Berhad: 19th AGM on Oct 24, at 9.30am in Melati Room, 3rd Floor, Subang View Hotel, Subang Jaya, Selangor. TAIPING Ceamttdated Berhad: 44th AGM on 25th Oct, at 11am in Melati I, 3rd Floor, Subang View Hotel, Subang Jaya, Selangor, Malaysia. SINGAPORE News aid Pabllcatiaas115 words
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Article99 1984-10-16 14 Company RIGHTS ISSUE DBS One-for-four $4 00 per share Ex-date: Oct 9 Books dose: Oct 16 Fed Cables One-for-two fc $100 per shore Ex-date: Oct 26 Books close: Nov 7 Int Wood One-tor-one 1.20 per share Ex-date: Oct 11 Books close: Oct 18 Sealion One-for-one $160 per share99 words
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Article125 1984-10-16 14 Company RIGHTS ISSUE Boustead One-for-five fe $1 50 per share H K Tin Frve-for-one fe $0 50 per share. Kesang HHdgs One-for-one $1 per shore Sub-divis»on of $1 par into 2 shores of 50 cents eoch Peak Hua Three-for-two fe. $1.50 per shore. Sub-division of $1 par mto125 words
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TAKING STOCK...
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Article661 1984-10-16 15 By HOCK LOCK SIEW HAVING DIGESTED the SinoBritish accord signed recently, stockbrokers are wasting no time in giving the volatile Hongkong stockmarket a close second look. The general feeling among both local and overseas brokers is one of quiet confidence rather than of euphoria, as theBy HOCK LOCK SIEW - 661 words
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Article489 1984-10-16 15 PEOPLE come and go. Some move because they see greener pastures elsewhere while others are attracted by the chance to shoulder additional responsibilities. For some others, it is a situation whereby "if the going gets tough, the tough get going". Finally there are those who,489 words
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Article834 1984-10-16 15 SHARES closed the first day of the new account firm in quiet trading yesterday, with operators awaiting the resumption of peace talks on the UK miners strike, dealers said. At 3.30pm, the FTSE 100 index was up two points at 1,145.7, having touched a peak of 1,147.3 around834 words
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542 1984-10-16 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN ROBINSON and Company, Singapore's longest established department group, has blamed itself for last year's dismal performance. Chairman C W Tresise states in the annual report that although trading conditions were adverse, "the very large operating losses must be attributed to internal542 words
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536 1984-10-16 15 CHAN OI CHEE - By CHAN OI CHEE SHAREHOLDERS of Amalgamated Steel Mills Bhd (ASM) and its parent. Lion Corporation Bhd, have cause to be happy over their investments although in terms of price, the shares have not been performing to expectations. For the year ended June 30, 1984536 words
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113 1984-10-16 15 NATIONAL Iron Steel Mills Ltd has teamed up with a partner from the US, Erico International Corporation, to manufacture Lenton standard couplers, a splicing system for reinforcement of steel bars. The joint venture was established through National Iron's wholly-owned subsidiary, Eastern Industries Pte Ltd,113 words
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Article162 1984-10-16 15 Goh Kian Chee - Letter to the Editor Goh Kian Chee aty Securities Pie Dear Sir, I refer to the article in yesterday's BT by Alan Lee. It is utterly tendentious on two points. First, there is a suggestion that I am somehow against Mr John Foo162 words
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Page 14 Advertisements
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Advertisement26 1984-10-16 14 □lETHELM Furniture that has no equal 190 CJomenceau Avenue «04 02 Sngapore Shocong Certre &noacx*e 0923 Household lurn*jfe W 336 2006 Othce (urnrtufe W 336 200526 words
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Page 15 Advertisements
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Advertisement201 1984-10-16 15 NOTICE NOTICE NOTICE IS HEREBY GIVEN that, I Tan Yak Seah of No. Ok 402, Ang Mo Kio Ave 10 #***** Singapore 2056, have applied for a RETAL UQUOR SHOP LICENCE in respect of premises at M/S: Ang Mo Super Provision Shop Ok. 407, Ang Mo Kio Ave 10 #01-751201 words
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Advertisement414 1984-10-16 15 <STYLEBS Fabrics Garments Shoes Accessories (TRADE ONLY) November 14th, 15th and 16th, 1984, 2 to 7 pm at the Century Park Sheraton 4 A® M g po 4 flown tn bySINGAPORE A/RUNES lIMf For the fifth consecutive year, leading designers and manufacturers from Austria will present the latest in fashion414 words
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724 1984-10-16 16 SOH TIANG KENG - It ranks 20th among managers for syndicated loans By SOH TIANG KENG, Banking Correspondent SINGAPORE'S United Overseas Bank has showed spectacular improvement to take 20th place among the top lead managers for syndication loans to Asia. It is the only bank in Southeast724 words
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130 1984-10-16 16 THERE is strong indication that a part of the Causeway would be extended to facilitate a smooth flow of traffic, following the imposition of the toll at the Malaysian immigration checkpoint at Johore Barn from Nov L Sources said yesterday that the job,130 words
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320 1984-10-16 16 THE MALAYSIAN Labour Ministry is planning to carry out a comprehensive census on Malaysians working in Singapore so that their experience and skill can be used in suitable jobs on their return to Malaysia. Deputy Labour Minister Datuk Zakaria Haji Abdul Rahman told the320 words
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308 1984-10-16 16 TSANG SAU YIN - By TSANG SAU YIN MANAGEMENT training is just as important as the development of technical skills, and the Skills Development Fund should perhaps "adopt a more enlightened view on management courses and programmes". Mr S Chandra Das, MP for Chong Boon and308 words
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258 1984-10-16 16 THE LEASING Association of Singapore (LAS) is considering computerising information on contracts undertaken by its members. This would prevent double financing of assets already leased, a common occurrence over the past year, said Mr Kwek Leng Beng, chairman of LAS. In the latest LAS258 words
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Article63 1984-10-16 16 WALL Street stock prices were marginally higher in early morning yesterday. The Dow Jones Industrial Average was up fractionally to over 1191. Overall, however, gainers led losers four to three. Volume was about six million shares in the first 15 minutes of trading. ITT, which announced layoffs63 words
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199 1984-10-16 16 SINGAPORE Airlines and Malaysian Airline System are offering bonus draws to jack up demand for selected shuttle flights between Singapore and Kuala Lumpur. Winners will be given free one-way economy class shuttle tickets between the two destinations, to be valid for one year199 words
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572 1984-10-16 16 NST LAWYERS for George Tan yesterday asked the High Court for time to study applications from the press for admission to hear the secret Carrian case, now in its third week. Queen's Counsel Michael Sherrard, representing Mr Tan, requested the court toNST - 572 words
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192 1984-10-16 16 Bernama BANK BUMIPUTRA executive chairman Dr Nawawi Mat A win believes that bad motive on the part of the groups responsible for speculations is adversely affecting the Malaysian commodity market, the value of the ringgit and the performance ofBernama - 192 words
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178 1984-10-16 16 THE MALAYSIAN currency is still strong in spite of recent rumours by certain quarters that the government intended to devalue the ringgit, Deputy Finance Minister, Datuk Sabaruddin Chik, told the Dewan Rakyat (Parliament). "The rumours of impending devaluation were spread by certain quarters with bad178 words
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LATE FILE
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Article65 1984-10-16 16 Reuter GOLD will fluctuate between US$33O and US$35O an ounce for the rest of this year until falling US interest rates and rising inflation from mid-1965 increase the metal's appeal to investors, General Mining Union Corp (Gencor) chairman Ted Pavitt said yesterday. He said high USReuter - 65 words
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60 1984-10-16 16 Bernama THE MALAYSIAN government will be armed with Internal Security Act-type powers to combat the drug problem in the country when a Bill to this effect is approved by parliament. The Bill provides for detention without trial for two years or more of persons suspectedBernama - 60 words
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Article49 1984-10-16 16 AFP PHILIPPINE President Ferdinand Marcos yesterday set off a minor reshuffle of the military command when he approved the retirement of 17 brigadier generals and 13 senior colonels. Mr Marcos also extended the tours of duty of 15 other generals eligible for retirement. AFPAFP - 49 words
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Article48 1984-10-16 16 Reuter ALL INDONESIAN government development projects using export credit funding will in future be subject to international competitive tendering, according to excerpts from a presidential decree published by the Antara News Agency yesterday. Western bankers and diplomats said the decree was designed to promote procurement efficiency.Reuter - 48 words
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59 1984-10-16 16 UPI THE 1984 Nobel Prize for medicine has been won jointly by Niels Jerne, Georges Kohler and Cesar Milstein, it was announced yesterday. The three scientists were cited for theories concerning "the specificity in development and control of the immune system" and the discoveryUPI - 59 words
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Article61 1984-10-16 16 UPI CHINA HAS denied reports that Israel has equipped it with modern tank guns and fire-control systems, calling the reports "sheer fabrication". A Chinese Foreign Ministry spokesman said, "Stories such as this are sheer fabrications, concocted by people with ulterior motives in an attempt toUPI - 61 words
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Page 16 Advertisements
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Advertisement129 1984-10-16 16 C all Britannia for free invitation investment seminar The Chartered Bank Building, 6 Battery Road, #14-08, Singapore 0104. Telephone: *****86. Fbrforma OCTOBER FILM PREMIERE ON YOUR OWN (Cally Curtis) On self-improvement and motivation. THE NEW TIME TO THINK' (Rank Aldis) On time-management and art of delegating. MORE BLOODY MEETINGS (Video129 words
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Advertisement126 1984-10-16 16 finish the job your computer started! IV--n_. MODEL 1193 FORMS BURSTER •This inexpensive P.F.EForms Burster for low volume application effectively processes to single sheet. 1. Invoices Statements. 2. Pay Slips Wage Packets. 3. Card Stock Rules Listing Paper. 4. Removes Sprocket Holes. The P.F.E. 1174 Decollator will assist budget consideration126 words
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Page 16 Miscellaneous
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Miscellaneous59 1984-10-16 16 \msma Outlook for todoy: Portly cloudy, wrth showers over severol areas ot dawn, clearing in the afternoon. Report for 24 hours prior to 7.30pm on Oct 15 at the airport: Maximum temperature 31.6 Associated humidity 69 Minimum temperoture 25.5 Associated humidity 93 Hours of sunshine 5.35 Rainfall in millimetres Troce59 words
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SHIPPING TIMES
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266 1984-10-16 17 AFP WESTERN European shipbuilding suffered an unprecedented drop on the world market last year, revealed a report from the European Commission. The European Economic Community received only 11 per cent of international orders for new ships, although previously its share of the marketAFP - 266 words
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Article82 1984-10-16 17 EXPORT shipments to Nigeria could be sharply curtailed this month as shippers adopt a cautious approach to new cargo inspection arrangements. SGS's contract (or cargo inspection service ended on Sept 30 although the firm is completing the paperworkfor those cargoes which have been physically inspected. The Nigerian government82 words
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439 1984-10-16 17 VONG NYAM MING - By VONG NYAM MING PORT KELANG customs has issued a new ruling following allegations of rampant corruption by lorry transport champion Puan Zainab Ahmad Yang. But whether the ruling has the intended effect is a matter hotly debated in the shipping and forwarding community.439 words
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Article632 1984-10-16 17 •MpptnaUm tag* c* Afao Ahrankial Linar Alphotrons Aipoc APC Una APL ASCL Astabrofc ar Auttaiio Lin* Balt-Onant Bangkok Com Bank Una BBS B«n Lin* Bk» Stcx Burma fiva Star Camaroon Stog CC Lin* CCM Cayton Shpa Chargaure Raunn Chargaurt Ho*roM CNno Nov Chino Ocaon Cnon Combo Una632 words
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PORTSIDES
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Article68 1984-10-16 17 A CONSORTIUM led by Norwegian shipowner Sig Bergesen has awarded Fincantieri shipyard in Trieste a contract for the construction of two cruise ships costing US$2B5 million. The contract will be formally signed on Nov 1. The 50,000 grt vessels are designed to carry 2,000 passengers each. When68 words
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Article47 1984-10-16 17 BRITISH shipowner Turnbull Scott may still order more tonnages from South Korean shipbuilders following the contract for a chemical carrier early this year. The company ordered an 8,000-dwt stainless steel chemical tanker from Hyundai Heavy Industries for just over US$lO million in the summer.47 words
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Article75 1984-10-16 17 TWENTY-FIVE people charged in connection with the scuttling of the Salem will be tried in Greece next January, almost five years after the incident took place. The Salem was scuttled off Senegal on Jan 17, 1900. Among those charged in connection with the case were the Greek75 words
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Article38 1984-10-16 17 THE PORT of Singapore Authority has requested the shipping community to keep the Port Master's Department informed of any changes to the agency or ownership of a vessel within 14 days from the date of amendment.38 words
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1382 1984-10-16 18 Lloyds Shipping Economist STRONG economic growth and the high value of the dollar have ensured that the rapid increase in US import volumes, which began in 1983, has continued this yer. The US current account deficit is now expected to swellLloyds Shipping Economist - 1,382 words
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Article1778 1984-10-16 18 RATE improvement appeared in the US Gulf grain-loading sector of the London shipping freights market on Friday with Continental's payment of the US$l firmer level of $9 (Ho) to the Jadran for a 60,000-ton November shipment to the Netherlands. Marginal firmness could also be seen in Zennoh's fixture1,778 words
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Article763 1984-10-16 18 Oct 13-22 International Boat Show, Genoa. Oct If Temporary moorings for the Hutton TLP in the Moray Firth, Royal Institution of Naval Architects (London Branch) joint meeting, 1800 hours, RINA, 10 Upper Belgrave Street, London SWI. Oct lf-17 Fluidised combustion is it achieving its promise, Institute of Energy763 words
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153 1984-10-16 19 Cargonews Asia THE Korean Shippers' Council has again called for the abolition of the "waiver system" enforced by the Korea Maritime and Port Administration. Introduced in 1978 to boost the loads of South Korean national flag ships, the waiver system has beenCargonews Asia - 153 words
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Article58 1984-10-16 19 THE Singapore National Shippers' Council and the Singapore Chinese Chamber of Commerce and Industry are organising a two-day course entitled: "Practical aspects of shipping a training course for shippers". The two-day course, on Nov 6 and 7 will familiarise participants with subjects such as trade documentation58 words
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Article297 1984-10-16 19 JAPANESE shipbuilding industry is grouping up to bid for the construction of six large container ships in an international tender scheduled to be held by Sea-Land Services later this year. Mitsubishi Heavy Industires and Mitsui Engineer- ing and Shipbuilding have already decided to297 words
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332 1984-10-16 19 Kingsley Wood - -By Kingsley Wood FRANK Costigan, QC, Royal Commissioner to investigate into the affairs of the Australian Federated Ship Painters and Dockers' Union, will present his final report to the government at the end of the month. It is likely to run into thousands of pages.332 words
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Article186 1984-10-16 19 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/Straits186 words
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Article271 1984-10-16 19 AFP RATES on the tanker market to lift cargoes out of Kharg Island in Iran hardened immediately last week following the latest attack on neutral shipping in the Gulf states area. Business was mostly on a private basis, but one very large crude carrier (VLCC) was fixed outAFP - 271 words
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4613 1984-10-16 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.4,613 words
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Article637 1984-10-16 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 Jenlink 7/84 16.10.84 2300 Thong Soon FSB 1000-1100 B7 Siri Bhum 190N 16.10.84 2300 S'pore Shpg TA 3 1000-1100 J1 UK Ace 65A 16.10.84 2300637 words
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Article1790 1984-10-16 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies <S> Ur»-KimU Liar Transgroup (S). AkrraklH I Iff SfrvW Kim Shpg (S). Alfred C Taepfrr Ocean us Shipping Agencies <S) Marimex Enterprise <PK) Alpar Intrasea (S) Bintang Shpg (KL) Island1,790 words
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Article430 1984-10-16 26 AT CONVENTIONAL VlfHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Anchan 47 Leo alongside 16.10.84/0700 Barents Seas 46 Y Fung alongside 16.1034/2300 Chidambaram 31/2 R Jumabhoy alongside 16.1034/1500 FredLykes 37/8 SSPL alongside 16.1034/0600 Jenhol 22 T Soon alongside 16.1034/2300 Johnson Chemspan 15/6 Aru Shpg alongside 16.1034/1200 KotaPusaka430 words
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Page 17 Advertisements
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Advertisement243 1984-10-16 17 /SRi* Pubkshmdby TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 T«fc *****44 A roembef of tf>e hmes ofoamsorKXi .lAKDINK AMAH o I Orient Overseas Co*Uu*t* Line 1 1 FULLY CONTAINERISED SERVICE Tmms (S'pore): Fa 21/10 1700 MS La 21/10 0500 NRS HONGKONG COHTWa 4lf CKNBM4S (MCMMI2X 24/10243 words
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Advertisement399 1984-10-16 17 r i SHIPPING Events II CONSORTIA 111 LONDON Freights 11/11 l SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X REGIONAL Weether X UNITED ARAB SHIPPING CO (SAG) SE At ORO SHIPPING AGENCIES /O Shenton Wl» 04 02C Hcutr Singapore 020' te' 220SS<M I399 words
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Advertisement582 1984-10-16 17 tvm. I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE AY T AFRICA ASIA I \< I I CTZL_JU i V Sjfcd 11-11/*****-20/10 25-25/10 *-27/10 LEBE/LARS* lOL7rrjHTT^Cr v3^l, TTTir*7Tl m 1-1/11 2-3/11582 words
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Advertisement254 1984-10-16 18 <merdt FAR EAST/EUROPE CONTAINER SERVICE ItoMl S'pore 1) m 3 From Eur Vtsstt 11) Gtwil 2) H-bwt SaM SaM 17/11 24/10 31/10 7/11 14/11 21/11 21/11 5/12 8 11 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. L Havre, Basle. UK, 3) Bremen. Bremerfcaven. Aarlws. Copenhagen, Helsinki 4) Mahno, Stockholm. Oslo. •Accept**254 words
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Advertisement406 1984-10-16 18 Y AMASHITA-SBINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wnt Pacific North Waat Faodar at Tokyo Faodar at Kotoa Atlantic/Canada Faodar at Kobo Fm*t m H m mmrn 1% LA/IB OM Mi mKE 11/U 11/11 21/11 L.t M 21/11 1/12 HI FONT Ia 21/11 27/11 21/11 LC. BBS 21/11 1/12 LI406 words
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Page 19 Advertisements
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Advertisement882 1984-10-16 19 The Straits Steamship Group QQL MANSFIELD CONTAINER SHIPPING PTE LTD Overseas Containers, Limited STRAITS SHPPMG fjlnQiyiois to SatMtv Sarawak, Brunei Ports and Bangkok ONTAINfRSHIP SERVICE TO UK CONTINENT tsmsnn htm rtm It Hi :ONTAIf€RSHIP SERVICE FROM UK CONTINENT 11/11 14/11 10/10 IA/U M/ 10 21/10 a/it n/u m/m 8/11 JO/11882 words
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Advertisement476 1984-10-16 19 '•I? 10 Mr 16 MR 17 Mr 27 No. 21 NR 30k 11 Dk It Dk franco Belgian Services rr bM kM 4Mr Ski 7MR 9MR II MR 12 MR 22 Od 23 Oct 11 Mr 12 Mm 14 Mr 16 Mr 17 Mr 19 Mr 7Mm IMR 71 Mr476 words
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Page 20 Advertisements
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Advertisement783 1984-10-16 20 1 Hapag-Lloyd EXPORTS TO CONTINENT/UK Hkm| Eiprtu Boy Liverpool Bay Kowtow by S port P Krt»m S tan H'bur| B'hi»«n Rdm ItAntwerp Havre Eiprtu I 21/10 22/10 «/ll 10/11 12/11 13/11 15/11 mi 21/10 30/10 lt/U 11/11 20/11 21/11 23/11 3/U VII 24/11 24/11 21/11 29/11 1/12 12/11 14/11 1/12783 words
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Advertisement456 1984-10-16 20 m M S LINE ,o»i i- FULLY CONTAINE RJ SJ D SE R VICE TO EUROPE VIA SUEZ ,h Contorts P Kctwf IfHant »d»n Fstaw* Hb«| Anh»«p 12/11 14/11 16 11 19 11 23 11 25/11 27/11 30 11 30 11 212 4/12 7/12 22/10 23/10 3/11 4 11 11/11456 words
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Advertisement498 1984-10-16 20 EVERGREEN LINE PAR EAST/EUROPf CONTAINER SERVICE ACUPTMG FCI I ICL CARGO TOR w «ll *C HBC FLI HUM urn um Gftnd 11/11 05/11 11/11 11/H 14/11 15/11 17/11 lim Gm 24/14 15/11 11/11 22/11 24/11 25/11 27/11 Grtal l/U 25/n OJ/|2 k /W 04/12 *5/12 07/12 also acccptmc ia/Fa t498 words
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Advertisement1016 1984-10-16 20 KIE GWAN SHIPPING (M) SDN. BHD. VmKv%. NO ML AN BE RANG AN TOUT KEIANG SELANGOR MAIATSIA \V TEL Nos 3M712 3*6435 3191(2 360 764.*****2.***** 7 W. MALAYSIA/S PORE TO E. MALAYSIA SERVICES: tGAMBfIA Kkbtu S'kan. Tawau tHATI BAIK Kkbtu. S kan. Tawau taTOMOH SATU Kkblu Ta«au. L Datu tKITA1,016 words
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Advertisement170 1984-10-16 20 □LSI NOSE u MARITIME PTE LTD ||1 ISLAMIC REPUBLIC OF 11JA IRAN SHIPPING LINES IRANIAN SERVICES Saifaport iMdfif tor RAN ELHAM. 19/10 B M*». B Knomm SMGAPOM SMOSI MANITM PTE LTD Hi *****44 7 t *****70 POSI Ml AUG MAIOSi MARIIMi SOU BHO Id *****2 3 Pf NANG MAiAtSIA TRADE170 words
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Page 21 Advertisements
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Advertisement781 1984-10-16 21 PIL GROUP EAST AFRIC A/REDSEA SERVICES LOADING FOR: HODEIOAH, JEDOAH, AOABA, PTBUOAN COLOMBO. MOGADISCIO, REUNION TAMATAVE. MOMBASA, D'SALAAM, MORONI HODEIOAH, JEDOAH. FT SUDAN, MUKALLA HODEIOAH. JEDOAH. AOABA, FT SUOAN SINGAPORE 18-21/10 26-30/10 4-7/11 7-6/11 •-11/11 VOYAGE E-52S CF/40/M E-529 E-531 E-533 VESSEL KOTA MULIA KOTA MUTIARA KOTA PETAM KOTA AGUNG781 words
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Advertisement748 1984-10-16 21 BEN LINE CONTAINERS EXPRESS comWNE* SERVICE TO/FROM EUROPE tutor STUNTS £W*piiok hrm .-haven »vm mm ui pinucsnH for foanuliarv JiMSM MhM M 17/11 M. IR. SM U SS 2S J* */i* mm M 31/11 1/11 NIC. TM HUm Mm bM MM bM SaM 11/11 5/11 RU, TI NC. U C.Jn.l.,748 words
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Advertisement325 1984-10-16 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'pore Service Fii Container Vessel. •Wat Yrtafcani Kate tMtawi HanftnfSpari I| hat <«> C0N««12« 29/9 21/* 1/11 11/10 MtMPMfT *13 IB 21/J 29/9 1/11 5/10 7/11 10/10 12/11 COM *13 IB 11/11 19/11 21/10 »/10 27/11 1/11 3/U MAMPMOT <14 IB 29/10 21/10325 words
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Advertisement355 1984-10-16 21 BOUSTEAD _SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION loadinf for Rangoon S'pore P.Kelong Toung Gyee V 166 lnPt/17 Oct Myomaymo VB3 26-31 Oct Po-on V 76 1/3 Nov Penong BANK LINE EXPRESS DEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG IVYBANK 10 Nov 4 Dec 8 Dec 6 Dec355 words
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Page 22 Advertisements
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Advertisement719 1984-10-16 22 JLII. L/llliy —KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE mm/ mother vsi rue png spas kqk guayaqulcauao JOHORE noa V 3» WTO FAGASTA WS3IS 15 Oct 17 Oct 15 Oct Site. 4Dk COk 10 Dk IQUgUE A'FACASTA S ANTONK) VALPARAISO 12 Ok 13 DK IS Dk 1< DK CENTRAL AMERICA /CARIBBEAN SEA719 words
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Advertisement495 1984-10-16 22 BrMkbulk and eowtoliwriwd cargo— Dirsct to VcrotHH Contamet t BreaAbu* S A HERGEIEGEN V 073 NBUOYD CCUOMO UI3F OSAKA MARU Ml* HAYAKAMA MAM 6616 C S A CONST WCTIA V.MC Maputo CtOTii Pflb Ua IbdiantoDwtUß S'pore 13/10 12/10 16/10 15/10 2«/10 MftDME SHTfMG AGWOES (Rtf. *****4/ OOK) 70 SHENTON WAY495 words
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Advertisement440 1984-10-16 22 CALIFORNIA/PACtFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Lm*| tar lOS ANGOfS SAN nUNCSCO SEA nil TACOAM VAMCOWO. C Accent fa/Fa CotWimtn P S*PV»* I to&n ■mmnmr I*. i/ionm id* AUSTRALIA EXPRESS CONTAINER SERVICE AcMp*g Fa/fa CMwn "*"1 fpm hm m* Sr* «hk« M/?l Oct 22/23 Oct 30 Oct i do.440 words
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Advertisement397 1984-10-16 22 SANKO ASIA FROM JAPANESE POUTS ANO HONGKONG o m GOLDEN LINE MM MAN SWPfKtC (PTE) LTD 1«| fumud M Mfe| M CkM Sltml SBMPW OIM i« »i«m <u LKI I* mil. r t«tM| nwi MSUt '»tmtnit|Mt amuonimnM iD:«J7» STRAJTS/PERSIAN GULF SERVICE: GOUXN SEASON Dvtu, Dohi Dimmim Ku»»t GOLDEN art K»ac«i397 words
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Advertisement424 1984-10-16 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 I nter Pia/d S'ncjHpO'e 0207 Tel *****1 1 <10 L»neM BREAKBULK SERVICE TO EUROPE/UK S pore P. Ketone Loodng lerFOUT NAMAMO BBM9II 17/10 20/10 «OTT/ANT/UJI.(A*ON) BUN6A KEMAOGA 88M913 3/11 4/11 ROTT AHT/UX (AVON) PS SEAWOOD SHIPPING CORPORATION S pore P Ketong Lm4r(424 words
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Page 23 Advertisements
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Advertisement649 1984-10-16 23 Also accepting cargo to/from Scandinavia TW FROM EUROPE (VIA SUEZ) BRIDGE S'pore Closing Times: FCL Cargo 1700 2 VlO LCL Cargo 0500 21/10 TO AND FROM AUSTRALIA: SURABAYA.. JAKARTA..... SINGAPORE PENANG P. KELANG. BRISBANE.. SYDNEY.— BURNE AOELAOE 13/ FREMANTLE Abo accepting carp to from Bangkon and E Malaysia TO/FROM NORTH649 words
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Advertisement369 1984-10-16 23 v_OONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. BUSAN. INCHON te. I Dnta/MM 24/11 21/11 J/H Hi t Dawn 40 7N 27/11 l/ll JJ/U jj/n 7 Dmam,4oW 4/11 »/ll 21/11 No I Dmm/40W 15/11 20/U 1/12 NO I DOMM/M7N SOCMI 91WK1 11/11/14 FtOM MN-12M MB Htmi369 words
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Advertisement444 1984-10-16 23 swsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Sm apore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SM6APORE Tdei Numbers RS ***** RS ***** RS ***** penang MESSRS HM THONG SHPPMG 23 MeM Quay Penar* Cables IAYAPOH PENANG. Id *****/***** Teto MA ***** M/S444 words
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Advertisement104 1984-10-16 23 ahrenkiel liner service gmbh DUR6AN JOHANNESBURG.MAPUTO, MAURITIUS A REUNION WESTBOUND NAXOS ISLAND 19W ETA SIN 31 1084 ETD ETA DURBAN SIN BARON STAB 106 16 10 84 23 10 84 10 118 Agents: Kim Shipping Trading Pte Ltd 63 Market Street, #08-06 Tat Lee Bklg S pore 0104 Tetex RS104 words
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Page 24 Advertisements
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Advertisement583 1984-10-16 24 Ite;|iimal Container l-iiirs 3 Sailings Weekly H33j!|||J Reliable Regular Punctual Berthing P.S.A. 1500 Hr®. Tues, Thuro Sat HINODE KISEN co LTD I I.TK lIK.A\ MKT \KKIKK SINGAPORE ISLANDS LINE Lowfnc tor Pt. Louis, Reunion, Tamatave. Madagascar DSR-UIM VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FULL CONTAINER SERVICE TO EUROPE S'pm 'Antwerp tta«*w| Rwtod PASWAU583 words
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Advertisement76 1984-10-16 24 r FARGO SHIPPmC COm*MY (PTE.) L TO. EXPRESS CONTAINER SERVICF SINGAPORE/BANGKOK EVERY 2 DAYS 1 B Keppel Road 17 07 Tanjong Pagar Complei Singapore 0208 Tel *****77 *****88 A *****52 Spare BU SRIBHUM INN h ft/17 Oct 15/20 Oct THAN* MM 141N 20/21 Oct 24/25 Oct ltW 23/24 Oct 26/2776 words
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Page 24 Miscellaneous
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Miscellaneous173 1984-10-16 24 Regional Weather ft f4 s m 0 5® s Si M a a AS sT> 5 SSS /I *T>je 1k KSIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. dir direction with speed in knots Wove height LEGEND: r 7e T::r m d io< s Ro,n Wove height 0173 words
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Page 25 Advertisements
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Advertisement73 1984-10-16 25 T_. LKOORNE M SEJUJOM SHPPMG (S) PTE LTD. I DIRECT FULL CONTAINER SERVICES am**i ORIfNTAI S( I INIR AGf NCV PJF iID SINGAPORE TEL *****81 SALES/BOOKINGS MALAYSIA GENERAL FREIGHT <M) SDN BHD PK 3304*8 XL *****4 PEN 3637U (Accepting FCL and LCL) DIRECT CALL JAVA WINDS FROM US PACIFIC COAST73 words
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Advertisement208 1984-10-16 25 Scan Dutch V To Europe (Med UK/NC Scan) Anson Sid Anson 18/10 Anson 25/10 Anson 1/11 Anson 8/11 Anson 15/lf P. K CLANG ACCEPTMG/SAIMG Scandutch Edo Korrigan luttandia N Dem 6 Kemumnf Sid B Butang 19/10 B Kemumnf 26/10 B Butang 2/11 B Kemumng 9/11 B Butang 16/11 N Denma208 words
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Page 26 Advertisements
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Advertisement368 1984-10-16 26 Location Located at the junction of Alexandra Road and Pasir Panjang Road, the complex is conveniently near the port itself and not too far from the city. Features The big advantage of the Complex's design, which resembles aft 'H' shape, is that tenants will be able to occupy offices within368 words
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