The Business Times, 19 October 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 FRIDAY, OCTOBER 11,1*84 60 CENTS
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  • 894 1  -  MAS reveals background to bank expulsion By RAY HEATH AN APPEAL against its expulsion from Singapore is being prepared by the Jardine Fleming (Singapore) merchant bank. This emerged yesterday evening, following the Mone-* tary Authority of Singapore's unprecedented step of releasing correspondence relating to
    894 words
  • 452 1  -  By SOH TIANG KENG ACCOUNTANTS who aspire to higher qualifications can in the near future pursue a master's degree in accountancy at the National University of Singapore. It is likely that accountants who pursue the master's programme should have a minimum of four or five years' working experience.
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  • 332 1 UPI CHINA HAS demanded that the US revoke its new textile import restrictions or face trade retaliation, the official Xinhua news agency said yesterday. Beijing has hinted it will not fulfil an agreement to purchase up to US$5OO million worth of
    UPI  -  332 words
  • Article, Illustration
    69 1 BUYING Interest, fuelled by rumours of a favourable Malaysian Budget In the last hour of trading, helped share prices to recover slightly from morning losses yesterday. At the close, the BT Composite Index was down 1.12 point at 7(4.23 while the Straits Times Industrial Index lost 1.51 points
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  • 388 1  -  By LEE HAN SHIH THE SEARCH for a name in the Registry of Companies and Businesses is now only a pushbutton away for companies with computers or word processors. The registry still operates physically at Colombo Court, but electronically it is now available
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  • 151 1 Auctioneers victor and Morris are turning to cannibalising an offshore crew accommodation barge to raise more than $1 million for its newowner. The vessel, which was formerly known as Maersk Assister, had been, used by Brunei Shell for the past nine years but was
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  • 190 1 STERLING sank to a new low against the local currency and the US dollar yesterday, but is not expected to fall much lower based on the current factors affecting its strength The pound was taken to a low of 2.5820 against the Singapore dollar yesterday
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  • Page 1 Advertisements
    • 38 1 KENNEX BLACKJACE QE) SHORTS fcIItSUMOTV) Tel 287 0044 (4 linesl Vl I 7 0 MADE FOR WINNERS VIBRATION MATCHING /?e/ps you swing the same every time! It's time you get a matched set and lower your handicap! c.:
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    • 272 1 Extracts from documents, Page 3 kmdb PEST control is costing OUR VIEW COMPANY NEWS Singapore more than $21 f ,te million o year. Componies THERE IS convincing evidence that neighbourhood retailing in ♦fc! ,o,f l en ili l T offering pest control services Singapore is undergoing fundamental changes, with giant
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    • 96 1 Full report, Pag* 13 Asian stocks, Pag* 11 International stocks, Pag* 10 INSPIRED... BALM A IN 9 y' k A'- > 7 ss>" From $199-$269 jj| pierre balmain Pierre Kalmain Boutiuues: Centrepoint =02 II Iw» Orchard Road Singapore 092.'* Tel: 73 MM 11 The Pavilion Inter Continental =01 o."> 1
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    • 4 1 The Automatic Zoom PPC.
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  • HOME NEWS
    • 538 2  -  Companies record annual turnover of about $11 m By GRACE YU PEST CONTROL is costing Singapore more than $21 million a year. Companies offering pest control services, some 43 of them, enjoy an annual turnover of about $11 million and a healthy growth rate averaging
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    • 341 2 CONSTRUCTION HAS overtaken traffic as the main source of noise complaints in Singapore, according to a survey done this year. The survey, completed in April by the UK's Institute of Acoustics, found that one-fifth of noise complaints are directly related to construction. This contrasted strongly
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    • 270 2 FOUR BILLS will be introduced when Parliament convenes this afternoon. Dr Tony Tan, Minister for Finance and Trade and Industry, will introduce two bills Pensions (Amendment) Bill and the Economic Expansion Incentives (Relief from Income Tax)(Amendment No 2) Bill. Home Affairs
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    • 322 2  -  By ANNA TEO HARD-WORKING, but rigid and shy of going beyond the scope of duty these were the first impressions Singapore workers gave their Japanese trainers. Mr Kiyohiko Sakurai, adviser to Ishikawajima Ship Chemical Plant Co Ltd of Japan, yesterday recounted his 18
      322 words
    • 301 2 A REVISED double taxation agreement was signed yesterday between Norway and Singapore to reflect changes in both economies since the first agreement in 1966. The terms of the agreement were not revealed. At that time, Singapore was just starting to industrialise and
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  • Page 2 Advertisements
    • 460 2 JSSILjI w ua.. 7. I I m m f M 4 L A MITSUBISHI m .V-v* |r®« MITSUBISHI VIDEO PRINTER STAND-BY a POWER r^i r EiH Lvty J£QNT?*aS f normac SCAN If you want a copy of something you see on TV... Whether it's being televised, or playing on the
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  • 478 3 History of Jardine Fleming (Singapore) December 27,1972 Incorporated as Jardine Fleming (South East Asia). Shareholders are Jordine Matheson and Co (50%) and Robert Fleming Holdings (50%). Jardine Fleming (SEA) to specialise in underwriting and corporote finance advice. Has same parents as Jardine Fleming (HK), largest merchant
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  • 689 3  -  By ALAN LEE Companies Editor THE MONETARY Authority of Singapore has been monitoring the affairs of Jardine Fleming (Singapore) Pte Ltd since 1981 and it arrived at the conclusion that there were several weaknesses in its operations in Singapore. In December 1981, the MAS conducted
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  • 977 3 JARDINE FLEMING is most distressed over the charges made by the Monetary Authority of Singapore (MAS) regarding its operations in Singapore. In his point-by-point reply to the MAS yesterday, Jardine Fleming Singapore (JFS) chairman Mr Alan Smith took pains to explain and refute some of the
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  • 414 3 THROUGHOUT the Jardine Fleming (Singapore) affair, it has been suggested that the bank was a prime mover in Keppel Shipyard's takeover of Straits Steamship a deal thst has left Keppel floundering. 'But according to one of the documents released yesterday Appendix 11 of JFS's major
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  • 282 3  -  By JUNE LIM ONE OF THE key questions in JFS's advice to Singapore Land in the JFS affair is whether it had gone far enough in its efforts to ascertain the true value of the ships that Singland intended to buy. In London yesterday,
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  • Page 3 Advertisements
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  • OVERSEAS
    • 608 4 Move could lead to new crisis within Opec AFP THE BRITISH National Oil Corporation (BNOC) has reduced the price of its crude oil by US$l.35 per barrel, from the current level of $30 a barrel, in a move that experts feel could
      AFP  -  608 words
    • 327 4 AP THE ADMINISTRATION of President Reagan, responding to a Soviet call for positive steps by the United States to break the arms control deadlock, said it wanted improved relations but had no obligation "to pay a price so that the Soviet Union would come
      AP  -  327 words
    • 111 4 Reuter SOVIET Foreign Minister Andrei Gromyko has indicated support for North Korea's moves to improve links with South Korea. A Tass news agency report of Mr Gromyko's talks with visiting North Korean Foreign Minister Kim Yong-Nam said on Wednesday the two men discussed bilateral relations and
      Reuter  -  111 words
    • 309 4 UPI CHINA AND the Soviet Union have begun a fifth round of closed-door talks aimed at resolving long-standing disputes between the two countries. But Western diplomats based in Beijing ruled out the possibility of any dramatic progress during the talks which
      UPI  -  309 words
    • 135 4 Reuter FEDERAL Reserve vice-chair-man Preston Martin has said that he is becoming concerned about a "growth recession" in which economic growth is too slow to produce new jobs and unemployment rises. "There are beginning to be the first signs of a growth recession," Mr
      Reuter  -  135 words
    • 377 4 Reuter A PRESIDENTIAL advisory group is expected to recommend a more structured and intense coordination of the US government's effort to deal with the international debt crisis. A draft report of the president's advisory group on international private enterprise urges the creation of
      Reuter  -  377 words
    • 489 4 AP WALTER MONDALE intends to be polite to President Ronald Reagan bet pointed in attacking his foreign policy and arms control record when he debates Mr Reagan on Sunday, aides to the Democratic presidential candidate said on Wednesday. Mr
      AP; UPI photo  -  489 words
    • 385 4 AFP THE MEMBERS of the North Atlantic Treaty Organisation must reach a "broader consensus" on the means of achieving "saner and more stable EastWest relations", the Nato secretary-general, Lord Carrington, said yesterday. In his first formal speech on East-West relations since he replaced Mr Joseph
      AFP  -  385 words
    • 138 4 Reuter THE MULTI-Fibre Arrangement (MFA), which regulates 80 per cent of world trade in textiles and clothing, has largely failed in its objectives. A confidential report by the textile committee of the 50-na-tion General Agreement on Tariffs and Trade (Gatt) also casts further doubt
      Reuter  -  138 words
    • 105 5 AFP JAPANESE overseas bond investment in the first ten days of this month more than doubled from the same period of last month. Japanese Finance Ministry sources said the increase contributed greatly to the yen's sharp depreciation against the dollar in recent weeks. Net
      AFP  -  105 words
    • 57 5 AFP THE FRENCH government has announced an emergency 500 million franc (US$5O million) programme of extra taxes on the rich to help feed and house poor families. A tax mi personal wealth is to be increased from 1.5 to two par cent on
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    • 365 5 UPI A PANEL investigating the murder of Philippine opposition leader Benigno Aquino said yesterday the alleged withdrawal of testimony by a key witness was a desperate attempt to discredit the panel. In a terse reaction to the alleged retraction of testimony by a Philippine
      UPI  -  365 words
    • 833 5 ARRIVALS Operator Strvict number Local timt From PAA SV MAS PA5 SV379 MH68I 0020 0030 0820 JFK/SFO/HKG SEL KUL CAL MAS MAS CJOIO MH601 MH671 0825 0905 0935 JED/DHA KUL KUL MAS SWR RBA MH811 SRI 76 BM21 0940 0945 1000 PEN ZRH/BKK BWN SIA CPA GIA
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    • 183 5 Bernama THE ISLAMIC Party of Malaysia (PAS) yesterday described the Information Ministry's allocation of one hour "live" coverage for their debate with Umno on Nov 11 as "insufficient and inappropriate". Its president, Haji Yusuf Rawa, said the time to be allocated should be resolved
      Bernama  -  183 words
    • 375 5 AP HONGKONG'S law-making Legislative Council yesterday endorsed a Sino-British draft agreement that makes the British colony a special administrative region of China after 1997. Chief Secretary Sir Philip Haddon-Cave, speaking on behalf of 15 official members, described the accord, initialled in Beijing on Sep
      AP  -  375 words
    • 186 5 FT MCI, the US telecommunications group, is to introduce a cut-price transatlantic telephone service linking the US and the UK on Jan 1. The announcement, made in New York on Tuesday, appears likely to signal the start of a 'price war' on the
      FT  -  186 words
  • Page 4 Advertisements
    • 141 4 WE'RE FUSSY ABOUT LITTLE THINGS. > u K U t i *i 4 —s igtSk !*-iP K After a long day of business meetings, you'd like nothing better than to unwind with a cold glass of beer. Topped with a fine creamy head thai locks in the freshness and flavour.
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  • Page 5 Advertisements
    • 13 5 I ¥VS. /W1 I hcOiiK I c i\' lo Out 451 S.C itics.
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    • 197 5 SOUTH POINT 200 Cantonment Road, Singapore 0208 OUR TYPICAL OFFICE SUITE IS FAR FROM TYPICAL Sr. i.- V tiff f s' m V- V* To begin with, just look at the amount of column-free office space. Each floor has 16,000 square feet (1486 m 2) double-glazed, carpeted and serviced. Step
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  • BANKING AND FINANCE
    • 585 6 Reuter THE PHILIPPINES' bank advisory committee has approved a financing package for the tryA spokesman for Manufacturers Hanover Trust Co, the chairman of the committee, said: "All elements of the financing package are in place and terms will be announced shortly." The Philippines had
      Reuter  -  585 words
    • 115 6 UPI CHASE Manhattan Bank has applied to Australian authorities for permission to jointly operate a full-service bank with Australian Mutual Provident Society (AMP). The bank will be "jointly and equally" owned by Chase and AMP, Australia's largest insurance company. Chase and AMP will provide
      UPI  -  115 words
    • 410 6 Bernama ARAB-MALAYSIAN Merchant Bank (AMMB) was ranked 36th among banks in the Asian loan market in 1983, according to a survey by an Asian financial journal. Stating this in his latest annual statement, AMMB chairman Mr Azman Hashim noted that the
      Bernama  -  410 words
    • 268 6 Reuter US HOUSE Banking Committee chairman Femand St Germain says the financial industry should be on notice that non-bank banks formed after July 1, 1963, will be divested under a Bill to be passed next year. Mr St Germain issued his statement
      Reuter  -  268 words
    • 130 6 Reuter LAWRENCE A Kudlow, former chief economist of US President Reagan's Office of Management and Budget, says he expects the prime rate to begin rising by the end of this year and hit 14 per cent next winter. Mr Kudlow says
      Reuter  -  130 words
    • Article, Illustration
      678 6 SINGAPORE: The US dollar closed lower against most major units yesterday in thin late trading. It closed weaker at 3.1210/ 20 marks against an early 3.1285/1300 and New York's 3.1335/55 close and at 2.5580/95 Swiss francs against 2.5625/45 and 2.5660/90 respectively. Sterling recovered to U551.1930 '40 from its
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    • 274 6 ASIAN dollar deposit rates closed steady at easier opening levels yesterday in quiet afternoon trading. Short-dates weakened around 3/16 point at the outset on the lower US federal funds rate and were then unchanged with overnight and week fixed closing at 10-5/16 10-3/16 and 10-3/8 10-1/4 per
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    • 225 6 Interbank rates at 3pm Local dollors to OM llflft ©f for^t^n Hordoy BrtM portty cuffoicy: US dolor 2 1675 2.1685 ***** -23 13 Sterling pound ***** 2.5913 7 3469 -64 78 Australian dollar 1 8011 1 8031 ***** -47 47 NZ dolor 1 0436 1 0463 ***** •69
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    • 63 6 THE OVERNIGHT and one-month rates remained unchanged from Wednesday's close of 73/4 and 8 per cent on the Singapore interbank money market yesterday. But two and three-month maturities fell by 1/8 point each. S$ interbank rates at 3pm yesterday. Offer Bid Overnight 7 3/4 7 5/8 1 -month
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    • 392 6 Reuter SUCCESSFUL funding of British government debt and the payment of tax to the government ahead of schedule were the main factors behind the Bank of England's decision to offer temporary assistance to the banking system, banking sources said. The Bank of
      Reuter  -  392 words
    • 380 6 BA Futures Inc EURODOLLAR futures opened with a bullish tone at the Simex yesterday following a late rally in Chicago last night. A lower federal funds rate and the failure of the Fed to drain reserves boosted the prices. Sentiment was also supported by reports of cuts in oil
      BA Futures Inc  -  380 words
    • 223 6 HONGKONG The market closed steady yesterday in the light of a softening US currency, and trading was quiet except for some physical buying. The bullion price finished at U*****.60/338.00 an ounce after moving in a narrow $1.20 range, and compared with New York's $336.50/337.00 close. On the local market,
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  • Page 6 Advertisements
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    • 104 6 s DnupmCtar SICHUAN RESTAURANT 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 Special fish with chilli sauce. f Dragon
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  • AIR CARGO
    • 233 7 ARRIVALS DEPARTURES Operator Locol tima From Operator Flighty Locol tima For FRIDAY FT FT71 SATURDAY 2355 JFK/ORD/ ANC/NRT/ TPE FT JAL NW FT78 JL6I6 NW906 0135 0910 0905 KUL/TPE/ NRT/ANC/ ORD/JFK KUL HKG/NRT/ SFO/LAX CAL C1331 0150 CV CV796 0845 KAL KE685 2140 SUNDAY TPE LUX/AUH SEL FT
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    • 113 7 EUROPEAN airlines are luring the leisure traveller with biggerdiscounts on fares. As a result, half of all scheduled passengers in Europe travel on discounted fares. This is one of the conclusions reached by a study done by the International Air Transport Association (lata). The study also
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    • 410 7  -  Lower profits, but still 13.7 pc higher than last year By LIM SOON NEO AFTER revenue from its outbound cargo operations from Singapore in the last financial year increased, KLM Royal Dutch Airlines expects a smaller return for the current financial year. The airline has
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    • 321 7  -  By LOH HUI YIN A STAGGERING $15.5 million has been saved by Lufthansa since the West German national carrier launched its worldwide "employees' ideas" scheme about 20 years ago. For their cost-saving ideas and suggestions, more than 6,500 of Lufthansa's employees have been
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    • 154 7 ROYAL Nepal Airlines is likely to introduce a Combi service to Singapore next year. The airline started twiceweekly passenger services to Singapore this month, with its inaugural flight on Oct 15. The airline's general manager/chief operating officer, Mr Anoop Rana, said
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  • Page 7 Advertisements
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    • 285 7 r -i v'JM Nestled somewhere within each luxury apartment in The Claymore is a formidable wall 1 safe, fire-rated and burglar-proof. It's our way of keeping your valuables safe as we keep you secure. But while we can't fill your safe, we will, however, furnish The Claymore with more features
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  • FEATURES
    • 512 8 ANYBODY who is still unconvinced that neighbourhood shopping in Singapore is going through fundamental changes should take a look at what Jardine Matheson is up to. The company, started 152 years ago during the China opium trade and glamourised in several books, has long been
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    • 734 8  -  By RICHARD PASCOE Reuter CONTROVERSIAL draft laws which fanned the flames of a Muslim riot in north Jakarta last month were drawn up to make Indonesia more unified and democratic, according to a senior government politician. Sarwono Kusumaatmadja, secretary-general of the ruling Golkar organisation, said
      Reuter  -  734 words
    • 623 8  -  By RODNEY PINDER NYT A FISSURE in the Anzus pact among the United States, Australia and New Zealand has strategic planners in Washington fretting over the implications for other important alliances. They fear that if New Zealand's refusal to allow US
      NYT  -  623 words
    • 486 8  -  By RONALD THOMSON Reuter THE CHILLY SPECTRE of power cuts by Christmas is haunting British households and industry now resigned to witnessing a fight to the finish in the nation's strike-hit coalfields. Most experts believe the chances of a negotiated compromise have gone
      Reuter  -  486 words
    • 890 9  -  The rise o! the dollar seems to have broken all the rules of the currency game. Some, indeed, contend that things are different from the seventies but, reports LEONARD SILK, the strength of the greenback may be a shortlived phenomenon. LEONARD SILK NYT THE
      NYT  -  890 words
    • 511 9  -  By STEPHEN FIDLER Reuter SAUDI ARABIA, its economy strained by falling oil revenues, is getting tougher with foreign companies operating in the kingdom in a move to bolster local businesses, according to bankers in Bahrain and in Saudi Arabia. They said the
      Reuter  -  511 words
  • Page 8 Advertisements
    • 294 8 Authoritative briefing for all companies doing business in Malaysia, Covering latest developments in Government policies and business trends including: Complying with Malaysia's New Economic Policy Minimising tax exposure and repatriating profits Structuring successful joint ventures and licensing Liabilities of local and foreign directors Optimising finance needs through various sources New
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  • Page 8 Miscellaneous
    • 705 8 CRYPTIC PUZZLE ACROSS 4 Person untidy about the neck? (6) 7 Sought out one who seemed superior? (6,2) 8 Officer, possibly novat flier (6) 10 Make o careful opproach to tofcs, possibly (5) 13 Put m some essays (4) 14 The thick skin a bird watcher may need (4) 15
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  • SPORTS
    • 447 9  -  By WALTON MORAIS SINGAPORE'S ARCHERS are looking forward to next Easter with anticipation. That is the time when, courtesy of the International Olympic Council, our archers will have the benefits of a nine-day coaching stint under an lOC-designated coach. The lOC coach will be here under
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    • 404 9 AP THE AMERICA'S Marathon has attracted its largest field yet 9,000 runners, ranging from Olympians to average people who run for the fun of it. Portuguese runners Carlos Lopes, who won the gold medal at the Los Angeles Olympics, and Rosa Mota, bronze medalist
      AP  -  404 words
    • 202 9 AFP BRITAIN'S Virginia Wade and Roy Emerson of Australia, both of whom have won the Wimbledon and United States Open singles championships, joined effectively and at times brilliantly on Wednesday night to take the Sunbeam Mixed Masters title at the David Lloyd Centre in
      AFP  -  202 words
  • Page 9 Advertisements
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  • Page 9 Miscellaneous
    • 830 9 2.30 PM SBC Text "Uve" Sample Pa{es 3.00 Opening and Propamine tfghfights (olowed by The Web 4.25 Kidswortd 4.50 Read Ml About It 5.20 Romper Room 5.45 Young People's Specials The Boy Who Couldn't Lose 6.10 Programme ttghights (English) 6.15 News (English) 6.25 Saujana Sajak (Last Episode) 6.50 Naturama H
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  • INTERNATIONAL STOCKS
    • 189 10 Reuter RECKITT and Colman PLC gained a strategic stake of about 14.9 per cent in Nicholas Kiwi in a market raid on Wednesday, sharebrokers said. The British company, the second of three bidders for Nicholas Kiwi to emerge in recent months,
      Reuter  -  189 words
    • 315 10 Reuter WALL STREET stocks closed slightly lower on Wednesday but analysts expressed relief that the market acted as well as it did in the face of reports that Britain planned to lower North Sea oil prices. Hildegarde Zagorski of Prudential-Bache Securities
      Reuter  -  315 words
    • 136 10 OCT 17 cs Hud Boy Min kr*> Oi 42* -1* Abatibi 31 s ■f 14* Ale on 36* 31 22 bit Ut« 20* -H 24* M Nfcfcal 12* Kmrr Add 16* M T«< 34 IB* 28* 3* 32* Mc BhxM 26* 27* Mohon A 16* Con Prm Mg Moon
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    • 198 10 OCT 17 •and Tiut 8k 205 103 •5 -2 INOUST1IALS LMMC 430 ■5 A Alpha 7906 Wootworth 1375 25 140 Mil WMGS AE And a 7506 -IS AmopfOp 300 uneh Anghoal 6000 AMIC ***** 1040 unch 10 Bi»roof» 1760 8000 10 -50 C G Smith ***** 4406 CNA 200
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    • 674 10 OCT 17 US$ ACT MuMn« Alcon AJurrwi Alcoa 34* AMt&tny Lud 23* Alwd Own Cp 35 •1 AM St or#* 51* Afc-Chaknon 8* Am Brandt he 62* Am Broodcott 63* •1* Am Can Co 48* uidi Am Cyananvd 50* Am Else Pot 20 Am Expmt Am Horn* Prod
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    • 903 10 Amsterdam OCT 17 Fb AflN 348 00 -4 130 00 -3 AhoM IM!fl .IS Akio 9660 -0 9 AMCV 181 50 -0 5 Amrobrk 65 50 -06 Bait i]« Jit Boh 9950 -05 272 50 1 5 66 80 05 Catond 32 80 -0 1 Cafe 381 00
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  • Page 10 Advertisements
    • 233 10 ECONOMIC^ Good Food At Fair Prices f r ■3* %fi/rSSi. s®s mm epe i© wiae, diae and eaMda IP/ The Tea Garden presents The Best of The Fests 4th-28th October We've put the clock back to bring you most fabulous Asian festivals. From Indonesia, Gado Gado—surely the most imaginative of
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    • 81 10 Spectacular Double Rill Cedric Debbie v Kathy Los Amors excitement hits ROBIN'S TAVERN Two popular groups entertain from 5.15 p.m. onwards. A single group performs on Sundays and Mondays, 25% discount /f- i on all drinks. Offers are valid during Happy Hours 4.00 7.00pm only. HOTEL ASIA Your Mand In
      81 words
    • 133 10 The President Lounge T. tv] v Sk/ K -lr J, *-v v i ?*'V* A -4 The Sighting*ln. captivating al-prl band from Taiwan will ang your favounte numbers white you unwind after a hard day's work with a favounte dmtk Relax with The Nightingale* and The New Sematiom. our throbbing
      133 words
    • 89 10 I Tfrtfk&Vrund Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/CHINESE/ «f WU" Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At $16/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your dancing pleasure.
      89 words
    • 134 10 London stocks, Pago IS A* V m m Lounge Sip a glass of the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with Keyboard wizard, Danny Koh and our resident band, ThePintos Trio. happy hours: spm-7pm, 25% off on all drinks.
      134 words

  • ASIAN STOCKS
    • 332 11 HONGKONG: Share prices closed mostly higher yesterday on selective buying from local and overseas investors. The Hang Seng Index finished 10.68 points higher at 1,028.11 after it dipped 1.34 at the midmorning fix. Among the leaders, Cheung Kong rose five cents to HK$B.4O, China Light 10 to $14.40, HK
      332 words
    • 222 11 OCT It NT Cham Indus Lien Hwo Indus 18.80 1335 -02 -0.1 Al Sincere Indus 7 40 -0.1 -05 -02 Nan Ya Plas 2550 -04 Cathay Cons 25 40 Pocrfic Elect Wire 18 30 -02 19 80 -04 Poolung Paper 1.61 -0 03 Chw 20 00 14 00 -02
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    • 344 11 TOKYO: Share prices closed higher in moderate trading yesterday, but late selling of blue chips and populars trimmed early gains. The market average rose 17.00 to close at 10.759.87 after falling 15.02 on Wednesday, on volume of 370 million shares against 410 million on Wednesday. The Stock Exchange Index
      344 words
    • 57 11 Oct 18 Won 6S6 Hyundai Corp Hyundai Motor K AL 1003 613 506 710 5 1 -4 620 1282 674 Korea Sh0 425 566 Lucky Ltd 795 5 485 732 1 635 850 665 +2 1351 GoW Stor Hand Bk 727 736 +2 Siangyong Cam 602 1020 2 .4
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    • 383 11 SYDNEY: Share markets closed easy on active turnover yesterday as resource stocks came under further strong selling pressure. The All Ordinaries Index was four points down at 743.9, the All Industrials marker off 1.7 at 1,064.9 and the All Resources Index was 5.5 lower at 480.5. National turnover was
      383 words
    • 135 11 BANGKOK: Stock prices closed lower in sluggish trading yesterday. The Book Club Index fell 0.03 point to 119.73 and turnover fell to 118,018 shares from Wednesday's 147,505. Siam Citizens declined four baht to close at 139.50. OCT It iabti Son Oy Camant 438 unch Ayuthoyo Inv South Ami Ftora
      135 words
    • 106 11 MANILA: Share prices closed generally easier in dull trading yesterday. The Commercial Industrial Index eased 0.13 to 102.30 and the Mining marker fell 1.86 to 847.30 but Oils were unchanged at 0.593. OCT It fmm Ontntal B 001 •0 003 Ac Of* Mnng Ptvtex B 0 11 •0005 0
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    • 55 11 AFP THE UNITED Microelectronics Corp (UMC), a Taiwanese manufacturer of intergrated circuits, has decided to set up a company in Silicon Valley in California. The company, to be named Unicorn Microelectronics Corp, is scheduled to begin operations in January, according to HC Fang,
      AFP  -  55 words
    • 364 11 FT FTVE international consortiums have been invited by Hongkong's Kowloon Canton Railway Corp (KCR) to tender for a HK$l billion contract to build a 22.5 km rapid transit system in the colony's New Territories. Mr Peter Quick, KCR's managing director, revealed on
      FT  -  364 words
    • 202 11 FT EUROPEAN businessmen iir Japan want more financial liberalisation, tougher anti-counterfeiting laws, more foreign lawyers, and fewer bureaucratic hurdles for drug companies. They say these and other measures would make it easier for foreigners to do business in Japan, and help redress
      FT  -  202 words
  • Page 11 Advertisements
    • 454 11 j to wine, aiw <umi «mwr<«k IT v,- I! t 4 r &If y_r- r 2V /f' 5 iSSN r .v (Hhfll Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting. BUSINESSMAN'S LUNCH. Monday to Friday $26.50 10% service charge 3% CESS SUNDAY BRUNCH $24.00
      454 words
    • 209 11 Thai Seafood Served I n I rue Siamese St vie <r >; f *> 9k r V T L \1 Thinking of food. Think Thai: Spicy Tomyum Soup. Charcoal-Grilled Seafood. Royal Thai Seafood and our other delectable Thai Cuisine. Or if you're a gourmet cook, take home some fresh seafood
      209 words

  • RAW MATERIALS
    • 526 12 Bernama AFP THE MALAYSIAN Ministry of Agriculture is implementing a programme (or cultivating cocoa as the main crop in existing uneconomic coconut holdings in the country. Agricuture Minister Mr Anwar Ibrahim said on Wednesday that under the programme, effected
      Bernama; AFP  -  526 words
    • 240 12 AP Reuter THAILAND exported a record 3.5 million tonnes of rice in the first nine months of this year, up 29.6 per cent from the same period last year, an official of the Board of Trade of Thailand said. Earnings
      AP; Reuter  -  240 words
    • 163 12 AFP AFP INDIA does not intend to impose fresh restrictions on tea exports in the near future, Indian Commerce Secretary Abid Hussain said in an interview. Mr Hussain said India restricted tea exports in 1984 to 215 million kg, which was the
      AFP  -  163 words
    • 298 12 AFP WESTERN WORLD consumption of tin this year is expected to total 164,400 tonnes, rising to 171,000 tonnes in 1986, an analyst said this week. David Williamson, the British research unit director of Shearson Lehman/ American Express Ltd, told a tinplate
      AFP  -  298 words
    • 357 12 SINGAPORE The market closed lower yesterday with November One RSS buyers quoted at 176.75 cents per kg, down one cent from Wednesday. The morning session was down one cent on some selling in light trading. In the afternoon, values held unchanged throughout with little trading interest. Forwards and physicals
      357 words
    • 339 12 RAS prices («scents/kiio, fob «botes) NOON CLOSE Buyers Scltrn Beyers Sellers Int 1 RSS prompt ***** 175 50 174 50 175.50N Int 1 RSS Nov 176 50 177 00 176 75 177 25 Int 1 RSS Dec 178 75 179 25 179 00 179 50 Int 2
      339 words
    • 106 12 (cantiAg, 1-to p° u n November December (current mth) (forward mth) NOON NOON RAS luywi Sdsn Buyers C —.M SSR20 172 50 I74 50N ***** 175 50N SSR 50 170 50 172 50N 171 50 173 50N MRELB luyin StIUn Buy«rs Stlltn SMR CV 205 50 207
      106 words
    • 1063 12 COFFEE Robusta futures were £22 to £10 above Wednesday's close at midday yesterday, with November setting a contract high of £2,569 a tonne on concern about tenderable supplies before slipping on profit-taking to £2,555, up £10. Sterling's fall to record lows against the dollar, along with trade and
      1,063 words
    • 131 12 Reuter MALAYSIAN crude palm oil (CPO) output rose to a record 410,500 tonnes in September from a revised 369,486 (originally 369,000) in August and 309,887 in September 1983, the Palm (Ml Registration ft Licensing Authority (Porla) said. The previous high, in September 1982,
      Reuter  -  131 words
    • 163 12 UPI THE SOVIET UNION, importing record amounts of grain, has bought another 121,440 tonnes of US wheat, the USDA said on Wednesday. The sale of hard red winter wheat by private exporters for undisclosed prices was reported earlier as having an unknown destination. Last
      UPI  -  163 words
    • 407 12 Reuter AFP CHINESE SUGAR production this year is forecast at 3.77 million tonnes raw value, down from 3.80 million tonnes produced in 1963, the USDA's officer in Beijing said in a field report. The report said imports are forecast at one million
      Reuter; AFP  -  407 words
    • 86 12 The Koala Lam par Ha Market price yesterday remaiaed at the lateraatleaal Tta Agree meat fleer-level prlee ef M 121.15 per kg. The kaffer stack maaager caattaaed te ke tke majer eperater, taklag tke kalk ef N tesaes offered, dewa frem 111 aa Wedaeeday. Tke Kaala Lampar pre
      86 words
    • 161 12 Yarn (In HKS per bote of 400 ft) China carded yarn, cones Blue Phoenix 16's 3,350 Blue Phoenix 20** 3,500 Blue Phoenix 32'* 3,800 Blue Phoenix 40"* 4,150 Girded yarn, hank Blue Phoenix 2l's 3,550 Combed yarn, cones Blue Phoenix 32'* 4,850 Blue Phoenix 4Cs 5,000 Open-end yam Blue
      161 words
    • 149 12 Chilian Produce Robusto 20/25% Exchange FOB NSW 502 50 (SeMen' noon dowo i s I 1 Nutmeg It. S$/<00k«) 110 FOB NSW B W FOB NSW 363 00 256 00 Coconut oil Gombier Bufc Foe Old drum FOB 195 00 206 00 FOB NSW 305 00 New drum
      149 words
    • 275 12 Singapore A-l special C-l special C-l Orcfcnory Loonzari 100% 222 (S$/kie, ex-godown) Thai white unq unq 100% 1st class first grade una (kongoroo) 1.03 100% second grade 255 ntw crop 100% third grade unq 100% 2nd doss 100% 3rd doss 073 071 Parboiled 25% new crop No stock 5%
      275 words
    • 142 12 MALAYSIAN crude palm oil eased yesterday despite light late buying interest after reports of a further Pakistan tender for 6,000 tonnes of RBD palm oil for second-half November shipment. In October, south and central slipped Mss to 11.130 a tonne and north $5 to H,127.50. In November, south
      142 words
    • 159 12 WHEAT futures on the Chicago Board of Trade closed IV4 to 2 1 i US-cents a bushel lower after a quietly traded session on Wednesday. December traded in a 3' 2 -cent range. Prices broke further around midday along with other grains, soybeans, precious metals and currencies, retracing part
      159 words
    • 161 12 SOYBEAN futures on the Chicago Board of Trade fell 5Vi to one US-cent a bushel in moderately light trade on Wednesday. November traded in a 8V«cent range. The midday rally in the dollar helped push soybean futures down to its second resistance point near 16.25 basis November. Although rain
      161 words

  • SHARE INFORMATION
    • 4182 13 BUYING interest, fuelled by rumours of a favourable Malaysian Budget, in the last hour of trading, helped share prices to recover slightly from morning losses in the Singapore stock market yesterday. The BT Composite Index closed at 764.23, down 0.12 point while the
      4,182 words
    • 234 13 SINGAPORE Rises Indices Stfc MM M 590 kNwt M ISO iiliMii DrW| 555 CmNm 50f 247 K—luety Sfort 454 K L Kapaag 242 High Lo» S0« 241 fi C 1 50« 212 D S 670 Sam Dart* 50< 190 Fells S f Tartia 292 *80 12 10
      234 words
    • 473 13 THE Kuala Lumpur stock market closed on a mixed note yesterday, th»nir« to some light covering activities in the late afternoon. Trading, however, remained quiet with investors staying away ahead oI the Budget due to be announced this evening. Turnover remained below the five million
      473 words
    • 2936 13 BID and offer price* officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of I,ooo.units unless otherwise specified. All TUne Settlement Contracts are quoted after the word "SETT" Big
      2,936 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 528 14 PETRONAS and its subsidiaries, the largest corporate group in Malaysia, are worth a massive M 59.5 billion, according to its 1983 accounts filed with the Malaysian Registrar of Companies. The accounts for the year ended March 31 this year are not yet in the files. The 1983
      528 words
    • 65 14 Reuter EFFORTS to reform US Federal laws governing hostile corporate takeover bids will resume next year, key legislators said. But the conflicts that blocked .agreement this year are unlikely to go away. r Reformers must overcome the lack of consensus on takeover problems and their
      Reuter  -  65 words
    • 289 14 IMPROVED crop production and higher crude palm oil prices have enabled Island and Peninsular Bhd (I&P) to turn in higher interim group pre-tax profits. Unaudited consolidated pretax profits rose 40 per cent to M 514.45 million for the six months to July 31, 1984
      289 words
    • 176 14 Reuter LLOYDS Bank PLC said its subsidiary, Lloyds Bank International Ltd, is to be merged with the parent, subject to shareholder approval and an Act of Parliament. The plan has been approved by the boards of both banks. Lloyds said the merger is
      Reuter  -  176 words
    • 360 14 Reuter THE British government is seriously considering a combination of placement and underwriting for the planned denationalisation of British Telecoms next month, financial circles said. Although a final decision has not yet been made, the proposal has been broached widely to potential institutional
      Reuter  -  360 words
    • 74 14 GERMAN share prices are being boosted by a decline in domestic bond yields, adding to already strong bourse sentiment, Westdeutsche Landesbank Girozentrale (West LB) and Bayerische Hypotheken und Wechsel-Bank AG (Bayemhypo) said in separate market outlooks. Stock prices have gained sharply in recent weeks,
      74 words
    • 99 14 HONGKONG Australion Industrials Hong Seng Index Thursday 1085.0 Wednesday 1086.5 Thursday 1028 11 Week ago 1075 5 Wednesday 1017.43 Week ago 979 78 NEW YORK TOKYO Dow Jones Wednesday 1195.89 Tokyo Dow Jones Thursday ***** 87 Tuesday 1197.77 Week ago 1177.23 Wednesday ***** 87 Standard and Poors Week
      99 words
    • 223 14 Monogers' priccs Second B'putro 4 91 4 96 for Oct 19 Thrd B'putro Fourth B'putro 4 06 4 .13 4 47 4.52 Singapore Unit Trust Fifth B'putro Sixth B'putro 3 02 3 07 2 93 2.98 The Commerce 2.61 2.77 Seventh B'putro (A) 208 2 13 The Sowigs
      223 words
    • 2244 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 lit lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajmomoto (3.765) (I) 3.70 Ales Hide <—> xd Alton.
      2,244 words
    • 471 15 FOLLOWING its latest one-for-four rights issue at $4 a share, DBS Bank has adjusted downwards the conversion prices of its loan stock and US dollar bonds. From Oct 17, the conversion price of the bank's $228.52 million 7.5 per cent convertible unsecured loan stock 1991
      471 words
    • 228 15 AMBASSADOR Hctel Ltd has completed the acquisition of all the shares of Pedac Holdings (Singapore) Pte Ltd and Kuala Lumpur Tai Thong Restaurant Pte Ltd, making them whollyowned subsidiaries of the company. The company is now operating two restaurants, namely KLTT and Aberdeen. In another development, Ambassador has
      228 words
    • 416 15 THE MIDF Consultancy and Corporate Services Sdn Bhd (MIDFCCS) has received a lot of information from members of the public in its drive against big syndicates which had used 'phantom applications' in their attempts to increase their chances in public share offers. Disclosing
      416 words
    • 837 15 THE market yesterday ended above its lows on bargain hunting and a perception by operators that the session's declines may hav? been overdone, dealers said. Values were depressed as sterling fell to new lows and oil prices came under pressure. At 3.30pm, the FTSE 100 index was down
      837 words
    • 394 15 Reuter HONGKONG companies are now queuing up for stock market listings after four months without new issues. The revival is the result of recent stock market strength largely inspired by the initialling of the Sino-British agreement on the future of Hongkong. At the
      Reuter  -  394 words
    • 591 15  -  ASHTON HELPS; DIVIDEND UNCHANGED By NAJEEB JARHOM THE MOMENTUM of earnings growth at Malaysia Mining Corporation Bhd, which was so evident in the second half of its financial year ended Jan 31, 1964, failed to follow through in the first-half of this year. After
      591 words
    • 576 15  -  By RAMESH CHANDIRAMANI A PROMINENT banker in Hongkong has urged the colony's government to take up a 20 to 40 per cent stake in the Hongkong and Shanghai Banking Corporation. This is to create a quasicentral bank or monetary authority to manage the
      576 words
    • 594 15 LAST FULL YEAR CoMpeMf m A rinoQ Dete Yeer Net EPS Greet Net oamounced en** (ceets) dr» profit lost year ($000) G Lumber Interim June 30 Sop 84 3.618L H K Tin Interim Aug 25 Sep 84 J68L K G Hldgs Intenm Sep 12 Dec 84 83 10.0
      594 words
    • 189 15 SAPURA Holdings Sdn Bhd, a; turnkey contractor (or Tele- 1 corns of Malaysia, managed to receive acceptances (or only 500 shares in Malayan Cables Bhd at the close of its general cash offer on Wednesday. However, with the acquis!- tion
      189 words
  • Page 14 Advertisements
    • 1121 14 BANQUE WORMS Heed Office 45 Boulevard Haussmann ***** Paris "let (33-1> *****10 Tele* BWOR *****5 F Singapore Branch 50 Raffles Place. #16-01 »16-06 Shell Tower Singapore 0104 Tel *****33 Telex RS ***** BWORSB Consolidated Balance Sheet At December 31 Consolidated Statement of Income For the Years Ended December 31 (in
      1,121 words

  • Page 15 Advertisements
    • 209 15 FINANCIAL REPORTS PROSPECTUSES FORM b FUNCTION We offer htgNy professional financial media services Annual report creative design New issue prospectuses and shareholder circulars Round-the-clock ■comprehensive service FuHy m-house computerised typesetting Tombstone design and production Total commitment from experienced executives More cost-effective space buying Unique experience in international media Secured by:
      209 words

  • 606 16  -  By CHUANG PECK MING A NEW type of retail battle is to be fought between the colonial Jardine Matheson and the local Provision Suppliers' Corporation (PSC). And the prize sought this time is not customers, but shopkeepers. Jardines will invite local shopkeepers to run
    606 words
  • 401 16  -  By LIM SOON NEO AN IN-HOUSE study conducted by Singapore Airlines has shown that the airline is more productive than several major European carriers. The results could prove to the airline's critics that SIA is competitive because it is truly productive. SIA
    401 words
  • 91 16 SINGAPORE Airlines said yesterday that it enjoyed healthy growth in traffic between Singapore and Australia, between April and last month. While it did not disclose fig l ures, the airline said traffic between Singapore and Australia and vice versa grew at a rate
    91 words
  • 203 16 THE "Singapore Girl" could soon be Korean. Korean girls, in addition to Japanese girls, will soon be doing their bit to make Singapore Airlines a great way to fly on Far East routes. SIA has recruited three Korean girls as flight stewardesses to be
    203 words
  • 236 16 Reuter CHINESE Communist Party chief Hu Yaobang has told a visiting Japanese politician of plans to replace almost one half of the party's central committee secretariat. Sources close to the Japanese visitors said yesterday Mr Hu told former foreign minister Masayoshi Ito
    Reuter  -  236 words
  • 142 16 AFP Reuter CHINA is considering moving the headquarters of the Bank of China from Beijing to Shanghai. The Far Eastern Economic Review reported that such a move would be aimed at making the eastern industrial city China's largest financial centre and giving
    AFP; Reuter  -  142 words
  • 326 16  -  By SOH TIANG KENG THE WORLD Bank is back in the Asian dollar market with the issue of a sevenyear Cs7s million bond barely two months after its last issue. This is a significant issue because it is the first time that
    326 words
  • 239 16 DEVELOPERS are concerned over the growing cost of maintaining electrical control systems in buildings. Some systems that are being installed are oversophisticated and expensive for some buildings. This has led to the inevitable deterioration of equipment, said Mr Gan Eng Oon, president of the
    239 words
  • 92 16 THE SECRETARYGENERAL of the Asean Secretariat, Mr Phan Wannamethee, arrived in Singapore last night for a two-day visit at the invitation of the Ministry of Foreign Affairs. Mr Phan will call on the Minister for Foreign Affairs and Culture, Mr S Dhanabalan. this morning
    92 words
  • 430 16  -  By LOH HUI YIN SINGAPORE bought 12 million barrels of crude oil from Indonesia last year, making it the country's fourth biggest customer. But the impressive ranking is somewhat misleading because the amount actually consists of just 4 per cent of Indonesia's total
    430 words
  • 83 16 Bernama THE Malaysian government was urged yesterday to hold a referendum to decide whether a royal commission of inquiry should be set up to look into the BMF loan scandal. Tabling a motion in the Dewan Rakyat, opposition lead- er Mr Lim Kit Siang (DAP,
    Bernama  -  83 words
  • 70 16 STOCK prices were mixed on Wall Street in early trading yesterday as investors, confused by interest rate and economic matters, continued to put pressure on blue chip stocks. The Dow Jones Industrial Average, nearly a two point loser on Wednesday, was down another IV* to under 1195.
    70 words
  • LATE FILE
    • 38 16 Reuter OPEC ministers will hold a special consultative meeting in Geneva on Oct 29 to discuss the world oil market following price cuts announced by Norway and Britain, an Opec spokesman announced yesterday.
      Reuter  -  38 words
    • 49 16 Reuter NORTH Sea Brent crude oil traded down to US$26.75 for December loading, 50 cents below Wednesday night's low in the US and $1.90 cents below the new reduced official price proposed by the British National Oil Corp, European oil traders said. Reuter
      Reuter  -  49 words
    • 58 16 Reuter MONEY market traders in London said they saw growing prospects of a rise in UK commercial bank base rates as the key threemonth interbank rate rose to around 113/16 per cent in yesterday morning trading. They said a continued slide in sterling could only now
      Reuter  -  58 words
    • 31 16 AP LEADERS of the 10-nation Council for Mutual Economic Assistance, or Comecon, headed by the Soviet Union will meet in Havana on Oct 29, Tass announced yesterday. AP
      AP  -  31 words
    • 42 16 Reuter SIR Richard Stone of Britain's Cambridge University won the 1964 Nobel Memorial prize for pioneering work in the development of systems for keeping track of countries' national finances, the Royal Swedish Academy of Sciences announced yesterday. Reuter
      Reuter  -  42 words
    • 51 16 Reuter THE PERSONAL income of Americans increased US$26.l billion or 0.9 per cent in September to a seasonally adjusted annual rate of U553,071.1 billion, the US Commerce Department said. Last month's income gain exceeded the revised rise of US$lB.2 billion or 0.6 per cent in August.
      Reuter  -  51 words
    • 52 16 AFP THE RULING Golkar political organisation yesterday pledged determination to win Indonesia's next general elections to "guarantee the existence of the united republic based on the constitution and the national ideology". .It would have eight million new cadres by next year, Golkar executive presidium chairman Panggabean
      AFP  -  52 words
  • Page 16 Advertisements
    • 108 16 TAN CHONG TOWER "7T) SERVICE CJ APARTMENTS At Tan Chong Tower, we provide wellfurnished, spacious rooms with a minimum area of 600 sq. ft., a sizeable kitchen complete with kitchenware, IDD telephones, telex and even housekeeping and laundry services. •Situated in a central location, our tower comes with a covered
      108 words
    • 3 16 Leader, page 8
      3 words
    • 107 16 'A FINANCIAL LEASING MAKES GOOD BUSINESS SENSE Forward Oversea Credit Limited is one of Singapore's leading finance companies with an established reputation for financial leasing. Call us today and we will advise you on the many advantages of financial leasing. We will design a package best suited to your specific
      107 words
    • 3 16 Sm P«g« 4
      3 words
  • Page 16 Miscellaneous
    • 50 16 Outlook for today: Fair, with pre-dawn showers. Report for 24 hours poor to 7 30pm on Oct 18 at the airport: Maximum temperature 31.5 Associated humidity 61 Minimum temperature 25.0 Associated humidity 93 Hours of sunshine 5.85 Rainfall in millimetres Troce Rainfall this month 86.9 Rainy doys this month 4
      50 words

  • SHIPPING TIMES
    • 346 17 MULTIPORT Ship Agencies, will be holding its next annual general meeting in Singapore. The two-day meeting on March 12 and 13 will be attended by its 63 members drawn from nearly 60 countries. Among the items, members will dwell on their
      346 words
    • 354 17  -  By KINGSLEY WOOD in Sydney MALAYSIA has asked Australia for assistance in developing its coastal shipping industry. The approach was made to the Australian Prime Minister, Mr Bob Hawke, by his Malaysian counterpart, Dato Seri Dr Mahathir Mohamed when he visited Canberra in August. It is
      354 words
    • 211 17 A NEW five-jrear shipping policy for Sri Lanka has ambitious plans to develop the Port of Colombo as a major transhipment centre for the South Asian region. The Sri Lankan Shipping Ministry also intends to direct investment into new container terminals at the port, with
      211 words
    • 845 17 INpptngUne C4 Ateo VI 3 Ahrenkiel Liner VI 5 AC Toepter X 5 Alpha trans VI 4 Alpac VI 5 Antah Onent Urte X 3 A PC Lme V 4 APL i 4/5 Arrow Lines X 4 ASCI 1 Astobroker V 5 Arias Lines X' 5 Austasto
      845 words
    • PORT SIDES
      • 49 17 THE percentage of cargo imported by sea by Indian state bodies rose to 59.5 in 1983 from 57.9 per cent in 1982, the government said in a statement. It said last year out of 20.27 million tonnes of cargo, 12.06 million was carried in indian ships.
        49 words
      • 71 17 THE General Council of British Shipping (GCBS) said its tramp time charter index fell to 114 in third quarter 1984 from 128 in the second quarter but was 14 points above the third quarter 1983 index. The latest index (base 1976) is the lowest since the fourth quarter
        71 words
      • 74 17 DESPITE a drop of 18 vessels, tonnage lying idle throughout the world rose slightly in September, according to the latest figures from Lloyd's monthly list of laid up vessels. As at Oct 1, some 1,435 vessels of 65.87 million tonnes deadweight were idle compared with 1,453
        74 words
      • 39 17 Reuter SHIPPING conferences covering the trade between Europe/India, Pakistan and Bangladesh said the continental east bound currency adjustment factor (CAF) will be amended to minus 8.0 per cent from minus 6.0 per cent, effective Oct 22. Reuter
        Reuter  -  39 words
    • 1183 18 Maritime China DALIAN Shipyard was the first shipyard in China to get an export order, and in recent years it has made further achievements. Its first tanker, of 65,000 dwt and designed by the yard, will be launched soon. Work on the domestically ordered ship
      Maritime China  -  1,183 words
    • 255 18 Valmet delivers supply vessel THE VALMET shipyard has delivered the first of four supply vessels to the Russian Ministry of Gas Industry. The 1,350 dwt Rioni and its three other sister-ships were designed by the Valmet yard in Laivateollisuus Oy, Finland. They are tailor-made to meet the stringent Russian requirements.
      255 words
    • 173 18 AP KUKJAE Ferry Co Ltd has been authorised to open a ferry service linking the southern Korean port of Busan with Osaka, Japan, the Korea Maritime and Port Administration said on Wednesday. Kukjae said it planned to begin the twice-a-week service next February or March
      AP  -  173 words
    • 1802 18 US Gulf grain bulker rates continued to improve on Wednesday on the London shipping freights market. Zennoh paid US$14.50 (fio) to the Ayiassos for a 52,000-ton October shipment to Japan, while $15 (Ho) was agreed by Continental for the New Apollo to work 46,750-51,670 tons in the same
      1,802 words
    • 201 18 UPI A JAPANESE freighter carrying highly radioactive plutoniutn neared the Panama Canal on Wednesday amid reports that Panama was concerned about safety, US environmental sources said. The Seishln Mara, a 15,000-ton bulk carrier packed with 250 kg of plutonium worth US$3.5 million, left the French Port
      UPI  -  201 words
    • 148 19 MANSFIELD Container Shipping has adopted a company logo, taking the form of a circle enclosing the letters MCS. The circle represents the global activities of the company. The letters of the new symbol form a three dimensional drawing of a container. This represents container shipping, the
      148 words
    • 277 19 MARITIME affairs will rank high on the list of priorities with Dr Nicolas Ardito Barletta, who was sworn in two weeks ago as the new president of the Republic of Panama. A report in TMR/ITN said the president showed an interest in
      277 words
    • 150 19 THE Korean government is studying a plan to add five more cargo items to the current list of 10 strategic cargo reserved for Korean-flag vessels, Seatrade Week has learned. The four imports to be added to the list are logs, raw materials for petrochemicals, reefer
      150 words
    • 234 19 THE DEVELOPMENT of a new container feeder operation to serve the East African trades should boost Asian shipping services to the region. East Africa Feeder Line, as it will be known, plans to start this month using a Sea Containers-designed deckship, San Juan. According
      234 words
    • 187 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 (PAR 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
      187 words
    • 3896 24 3®aBG)qEB 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
      3,896 words
    • 647 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 Sextum 01/451 19.1084 2300 Harper Gilf FSB 1000-1100 B6 Strathfyne 25W 20.10 84 0700 Mansfield FSB 0800-1000/1800-1900 L7 KV Ushakov 29CW84 20.10 84 0700 S'pore
      647 words
    • 1789 25 The leading shipping lines operating from local ports and their agents. A-B AIT.A African Shipping Agencies (S). Ure-KimU Liae Transgroup (S). Ahreaklel Uaer Service Kim Shpß (S). Alfred f Taepler Oceanus Shipping Agencies <S) Marintex Enterprise (PK) AI par Intrasea (S) Bintang Shpg (KLi Island Cargo
      1,789 words
    • 367 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Armagnac 31/2 Sealion alongside 19.10.84/2300 Auby 20E SSPL alongside 19.10.84/0600 Bunga T&njong 6/7 Leo alongside 19.10.84/1500 CR Douala 37/8 Borneo alongside 19.10.84/0700 Foochow 25 Sin Chlao alongside 19.10.84/1800 Potsdam 18 S'pore Shpg alongside 19.10.84/1500 Sitl Mld&h 27/8
      367 words
  • Page 17 Advertisements
    • 501 17 TIMES Business Directory of Sin^i|K>rc (BUKII MKRAII) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE AHDINK ANTAH m I J.irdmes FULLY CONTAINERISED SERVICE T.N. MS *22* 22/10 OMNTAL CHEF 41N 3/11 HK CORAM! 4211 10/11 OCVN.O PAUL «2W 18/11 CMM comAM* 2M 24/11 CWMIBMS4I« 29/11 iotuc amTM. zm 5/12 MKTaum
      501 words
    • 255 17 UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES *aUASC 70 Shenton Way 04 02C M#nn« Houip Singepo-p 0207 Tel *****94 f *iei No RSTS4I9 CES affice TPC 03 30 Tel *****31 end *****32 Terminal office TPC 03 M Tel No *****90'*****93 EXPRESS FUU CONTAINER SERVICE i KOM .1 \l»\\ T\l\\
      255 words
    • 900 17 Foreign ExcftorKje OAw'fT P MAERSK LINE IKliCTiE!^[as3!SlCg3lltig'»l\=3fs!!!7TlgnffT»K?rg3 IlirjlH i t I S I'ACIHC (il l I ATI ANTII I AST CANADA IN! ANi SaAed 25-25/10 1-1/11 #-«/ll 15-15/11 22-22/11 23/10 30/10 17/11 6/11 24/11 13/11 1/12 21T/11 1/12 27/11 15/12 jMIOMI,"Si,A T AFRICA ASIA D Mi! I .HM 111 >11
      900 words

  • Page 18 Advertisements
    • 293 18 mho, FAR EAST/EUROPE CONTAINER SERVICE hi IW "WIWSI «/IU 28/10 UTIAMM 30/10 </n a ocift «/ii U/U NWON 13/11 18/11 N. DEJMA .20/11 25/11 B SUR* 27/11 25/11 B SUW* 27/11 2/12 SELANDM 4/12 7/11 12/11 13/11 15/11 14/11 19/11 20/11 22/11 21/11 26/11 27/11 29/11 28/11 3/12 4/12 6/12
      293 words
    • 384 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES 'f USA/CANADA MIDDLE EAST Pacific South Wnt Pacific North Wast Faadar at Tokyo Faadar at Koba Maftar V& LA/LB OH Mofetr VSI SEAT VCt i t rbo a/u 1/12 hamk 2t/u a/11 Li MBS a/11 1/12 1 AUMNCf 1/12 2/U ASM a 2/12 5/12
      384 words

  • Page 19 Advertisements
    • 955 19 The Straits Steamship Group oci MANSFIELD CONTAINER SHIPPING PTE LTD Overseas Containers Limited Also accepting cargo for: Hanfeurf to Capertujnv Aartus. Gottwnbvt Rotterdam :to Antwerp. Aimttrtfam. Oslo Bremenhaven to Bremen Southampton OR reports Bdtast ft DuMn f CONTAINERSHIP SERVICE FROM UK CONTINENT NGNGKONC RNCSS KITMONMU CMOKMMY UVOPOOI MT KOVHOON MY
      955 words
    • 535 19 Franco Belgian Services Mt MB! R OF ACF CONSORTIUMJMUUB own* ocr HKOK COHTUCI STOK r KOMG Lt Mnrt r«M F-Slmn Ha ntwa* M 22 Od 23 Od lIRn 12 Nn 14 Mm II Mm 17 Nn 19 Mm MIC CONIMB 2Rm 3Mm 21 Hn> 22 R*r 24 Mm 2( Ik*
      535 words

  • Page 20 Advertisements
    • 545 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriafe to Scandinavia, Med. Carribean I S. America Wand haulaufe to inland destinations in Europe Span P. Katonf Ptnf Leuats Bfcao Genoa Hburj *4"" Btia»en Antwerp 5/U 9/11 7/1121/11 3/12- 5/1211/12 »/12 13/12 S'para Marine HK Lmf Oakland Seattte Stack lacana 24/10 Yetan 3/11 29/11
      545 words
    • 547 20 FULLY CONTAINE RISE D SERVICE TO EUROPE Vl* SUEZ 1 °f Comorttn S pat MAm LtHwt *im FtfW* HHwf Antwtrp 72/10 23/10 11/11 12/11 14/11 14/11 19/11 3/11 4/11 22/11 23/11 25/11 27/U 30 11 10/11 11/11 29/11 30/11 2/12 4/12 7/12 18/11 19/11 7/12 «/l2 10/12 12/12 15/12 24/11
      547 words
    • 530 20 EVERGREEN LINE FAR EAST/EUROPt CONTAINER SERVICE ACCtPTMG fCI I ICI CARGO FOR m Kic IK ru ROM MR) IH» EtwGraa 20/10 15/11 21/11 22/11 M/ll 25/11 27/11 E««Grftl 1/11 25/11 n/12 12/12 04/12 05/12 07/12 Cither 11/11 05/12 11/12 12/12 14/1215/1217/12 *iso AcctFiME ia/Fa t Fa/ra la gotkwwc. *«HUS coruMkffN.
      530 words
    • 987 20 KIE GWAN SNIPPING (M) SDN. BHD. Ni. A JALA* BERANGAN PORT KELANG. SELANGOR. MALAYSIA TEL: NK 3*1712 3SM3S. 3W162 3107(4,*****2.*****7 W. MALAYSIA/S TORE TO E. MALAYSIA SERVICES: P KLANG SPOtt tGAMBEIA Kkblu. S'tan. Tawau In Pt/20 Oct 21/23 Oct tHATI BAIK Kkblu. LOatu. Tawau 21/29 Oct 30 Oct/2 No* t*IOMOH
      987 words
    • 240 20 v« US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES laa4n| tor B Atobat B. Khamaw POST MLANG PfNANG a SMOS( MARITM PTf LTD HI ******4 7 t *****70 MUOSf MARITM St* BMO Id: *****2/1 MALAYSIA TRADE t TRANSPORT LTD TO (7893 t ***** TO
      240 words

  • Page 21 Advertisements
    • 836 21 PIL GROUP EAST AFRICA/REDSEA SERVICES SINGAPORE 26-30/10 4-7/11 7-S/11 Ml/11 VOYAGE CP/4«/M E-5M E-S3l E-533 LOADING FOB: COLOMBO. MOGADISCIO, REUNION TAMATAVE, MOMBASA. O'SALAAM. MORONI HOOEIDAH, JEOOAH. PT SUDAN, MUKALLA HOOEIOAH. JEDOAH. AQABA. PT SUDAN VESSEL KOTA MUTIARA KOTA PETAM KOTA AGUNG KOTA SEJATI KARACHI/P GULF SERVICES •T COLOMBO/CHITTAGONG/RANGOON SERVICES VOYAGE
      836 words
    • 631 21 BEN LINE CONTAINERS EXPRESS com WO SERVICE TO/FROM EUROPE nan TO MOT STORE PJCQMK UK HAM Ha3«|Tiprnt 21/1B 22/11 Vll u /u Mm Km 21/11 M/U U/ll u/U Vll A/11 X/U X/ll Hnfkaat E iprtu 12/11 14/11 2/12 4/12 CaNfcanßay U/U 21/11 9/12 11/12 ■MM* 2VU X/U U/12 1«/12 4/12
      631 words
    • 442 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'pore Service Fii Container Vessel. toun V*ohjmj Kate Hiiti—H port I| PiNk (M) gonaiuw ii/i« 10/10 21/10 25/10 27/10 1/11 3/11 HUMAN! Vl4 W 20/10 20/10 30/10 1/U 5/11 10/11 12/11 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE S'prt PI r tmi Iti/Tter HWj I'm
      442 words
    • 387 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadmg for Rangoon Po-on V 76 Loikow VB9 Myomoywa VB3 Lashio V 36 S'pore 26/29 Oct 30/31 Oct 1/ 5 Nov 5/ 7 Nov P.Kelong Penong BANK LINE EXPRESS DEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG rmANK 10
      387 words

  • Page 22 Advertisements
    • 1194 22 K LINE —KAWASAKI KISEN KAISHA, LTD. 1 USA CANADA PACIf IC COAST (Including DESTINATIONS INLAND vU IPI MICROBRIDG E MINILAND BRIDGE) ALSO ACCEPTMG MONTKM.. TOKWTO AM) OTHER US PAOFIC. GULF, ATLANTIC PORTS N NAM) PORTS ATLANTIC COAST FEEDER/ MOTHER VESSEL PKLG WHORE BRDGE ¥36 JAPAN AMBROSE ¥78 16 Oct ASIA
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    • 545 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONT AINER REEFER/BULK SERVICE Im*| tm: lOS MGELES SAN FRANCISCO SEATTLE TACOAA. VAACOUKR c *cctp(«n Fa /Fa Mmn AUSTRALIA EXPRESS CONTAINER SERVICE Acctptaf Fa/Fa CwU—i 13 No. AM/O* 24 No* AAd/Rra 8 Otc AM/im IS Ok AM Sen »Dk AM Bra M*>| Spm Fra* 27/21
      545 words
    • 456 22 SANKO ASIA LINEXSb) FROM JAPANESE POATS ANO MONOKOHcjir^ M GOLDEN LINE MM MAN SHtPPNC (PTE) LTD '•«C '<■( hawaN M M*| M Cad tM wrai tiM »ht* <10 ims) I* M law Mil. Plata- Jtmi pw Mm An* onr uoro sm m m cun STIUUTS/PEItSaAN GULf SERVICE: Spw P m*«
      456 words
    • 459 22 INTPASEA (PTE) LTD. 10 Anson Road »27 16 Intematiui.i PUi** Smgapot** 0207 Tel *****11 jlC*Linesi BREAKBULK SERVICE TO EUROPE/UK S'pare P. Ketanf Lu*« tarFONT NANANO *****11 kiPort 21/10 lOTT/ANT/UJ(AVON) BUN6A KENANGA *****13 3/11 S/ll HOTT/ANT/Ul. (AVON) SEAWOOD SHIPPING CORPORATION MA*ATIBW tprts S I. S pore P KeUng Lm*« tar. 1/11
      459 words

  • Page 23 Advertisements
    • 646 23 a NOL NEPTUNE ORIENT LINES LTD TO EUROPf/UK (VIA SUEZ): TW BRDGE 22W+... 0. CHEF 41W—HK CONTAMER 42W. C PAUL 42W C CONTAMER 28*... C ROZE 41N |29/11 Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ) P. KeUng Havre R'Dam Fstowe Hburg I 23/10 11/11 12/11 14/11 16/11 I
      646 words
    • 393 23 «UNIS Nf PTUNf AG(NCNS Pl| I ID IH ."899// ***** 34 Booths 777/ MO *****77 iOper.<t«ml *****8Z 7709/84 (I*r maiali *****50 *****04 •tf Si Ml! »»M« S I UNAS Mil* SDN BHD HI lei 414J 90 4!4744 PK Irl (89SM PIN Irt tfc/l/S 36/4/^ r V 1 ,i CEYLON SHIPPING
      393 words
    • 527 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV 6ULOMG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telei Numbers RS ***** RS ***** RS 2510S P KELANG M/S SMAWKAT NAH SOON SON. BHD IST AND 2ND FLOOR. NO 1 JALAN CCMPtNMG FOOT RLANG. MALAYSIA
      527 words
    • 53 23 X ahrenkiel liner service gmbh DURBAN.JOHANNESBURG MAPUTO /fi\ SHEN6 TAI LINE REGULAR LINER SERVICE TAIWAN-STRAITS-TAIWAN Vessel M 9 REE SPORE P KELANC BRIGHT FORMOSA 6/10 8/10 25/l(f WlO* DORtSII 12/10 14/10 3/11 5/11 LAWN 16/10 19/10 10/11 12/11 EAGLE CORPORATION (PTE) LTD t* nmu <4 *■*> ***** onoT vri aaar
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  • Page 24 Advertisements
    • 369 24 l?e<|iiMial Container Lines SsS*m 3 Sailings Weekly HjLIJM Reliable Regular Punctual Berthing P S.A. 1500 Hrs. Tues, Thurs Sat MIDDLE EAST REGULAR LINER SINGAPORE ISLANDS LINE Spore Loadng far 25/26 Oct Dufean, Capetown 30/5 Mm Pt. Law, Reunion, Tamatave, Madagascar INI VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FULL CONTAINER SERVICE PASEMU 1 Nm
      369 words
    • 31 24 f FARGO SMIPPmC COMPANY (PTE LTD^ r EXPRESS CONTAINER SERVICF y <LJ SINGAPORE/BANGKOK EVERY DAYS 7 B Kepppl Road 17 07 Tan|ong Pagar Comple« Singapore 0208 Tel *****77 *****88 A *****52
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  • Page 25 Advertisements
    • 261 25 PANALPINA Singapore 5 Continents— 1 Forwarder Offering direct LCL Service to Hamburg with connection to European destinations (Germany/ Austria/Switzeriand/Denmark) ond vice versa. Nnt departures: ETO 25/10, 4/11. 16/11. 21/11. 30/11 PANALPMA WORLD TRANSPORT (S) PTE LTD Td: *****11 Tetex: RS ***** PASIN i Cheng Lie Navigation Co., Ltd. ''comwa soma
      261 words
    • 625 25 CONCORD LINES REGULAR CONVENTIONAL LINER SERVICES EM nD lOMJMG FOR CONCORD ANGEL 22/10 24/10 CWTTI6ONG CONCORD MARINE PTE LTD 7 *M-M. Trt 22U33S (3 Um) tMM fm« Mn (KM) Ik: *****3 CMS* mi OCEANRING MARINE PTE LTD MO CfC«. ST*ET (HMD BUK.***** TtU* W OWING CABLE *00 OCtAXfONQ aNOAPO* o»«
      625 words

  • Page 26 Advertisements
    • 72 26 COUCH Timon 1 OA ETD OISTIMTION 21/11 2/11 CWTTMONG/CM.CUTTA hNrt 29/10 CtVTTMONG/ GKENMCN SERVICES PTE. LTD. 18 A HONGKONG STREET S PORE 0105 TEI *****6 (3 LINES) *****0b TELEX NO R S 268 33/RS ***** SANTA FE SHIPPING LTD-HK. DIRECT LINER SERVICE TO CHINA/ HK IMDMGFOR Z HAN JIANG SHEKOU.
      72 words
    • 91 26 DA>IWI/WWa*»OWl/UAWI WWW WOULDW— c owe TIUW Kcssa n*/n»p.eu FMHCB MT VOY-M Rn FMMXS MT VOT M Dk FMMXS MT VOT-N Jthift n*/rro stok n* mmm ll(IS)/UaO«)Nn 2) lb« 25/27 U, Ih K S/Hhin )F*K i '"""i.fr GfIKRM. AGENTS THE MALAY STATES SHTfWG CO. HE. LTD n Roßmson Road #2froo CPf
      91 words
    • 438 26 1* C.Y. LINE (A Mtmbtr Of Th« ACE Consortium) CHO YANG SHIPPING CO. LTD FUIY COKTMOBED SERVICE TO EUROPE (VIA SUEZ) mnt otn on HONGKONG CONT 042N CXVMJDI PAUL 42V S ftn PAn| 22/11 21/11 3/114/11 I U/ll 11/11 111/11 11/11 I«Marvt I4jm (Mm KWf torn Waa| U/ll 12/1114/11 U/ll
      438 words
    • 633 26 £wereftZiwes/ COMPMU PERUANA DC INVOKES (CJ>.V) "PERUVIAN STATE LINE" loa*n( tor Calao MMkwi. Io and H otlwr Per.nari port} mil transhipment it A > V Ok CPV Throafti Bits ot ladinf to tout animation Penjnf P. Kdan JOHNEWKTT MURRAY! Vf RETT RAMONEWRfTT P. KeUr* 21/24 Oct 21/30 Oct Singaporet 25/26
      633 words
    • 518 26 Z I M nokconferewce aoooKMT full contaber soma k carrots to USA East I West Coast, CwMta mt Em! Canto m TBTO ZMOTTOM >v :'MI J I zim EILAT CONTAINER LINE FCL to Eirtpcan mi MHttorrman IS to Italy Austria Swttzwbnd. Yivosl FCL to Atoiantoto. Istanbul. Morsm. Ports Mm La/Fa
      518 words
  • Page 26 Miscellaneous
    • 139 26 Regional Weather o i) A a a ic ry Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots R* l Cloudy Sky W.«hrt«t, t anhw an hiftM fcy iffm wMefc fly afttlfeciM @0* full
      139 words