The Business Times, 1 November 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 THURSDAY, NOVEMBER 1, 1984 60 CENTS
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  • 656 1 Indira Gandhi Assassination Mrs Gandhi killed by three Sikhs from her security staff Agencies IN A SWIFT MOVE to fill the political vacuum in India, assassinated Prime Minister Indira Gandhi's son, Rajiv, was sworn in as the new Prime Minister. Senior leaders of the
    Agencies  -  656 words
  • 675 1  -  By FOO CHOY PENG THE People's Action Party is expected to name two more candidates, bringing to 25 the number of new faces that it will introduce in the coming general election. The political circle is buzz- ing with talk
    675 words
  • Article, Illustration
    67 1 SHARE prices In the Singapore stock market closed lower yesterday for the sixth consecutive session. Yesterday's losses came as a disappointment to Investors who expected the 15.ft-point rally In the Dow Jones Industrial Average on Tuesday to Inject some confidence into the local bourse. The BT Composite Index
    67 words
  • 475 1  -  By LEE HAN SHIH A $6 MILLION gap separated the tender prices of the highest and lowest bidders vying for the piling job of Changi Airport's second passenger terminal. The gap that appeared between the two tenders submitted by
    475 words
  • 376 1 PRIME MINISTER Lee Kuan Yew yesterday sent condolences to the government and people of India on the death of Prime Minister Indira Gandhi. The condolence message was sent to the President of India, Mr Zail Singh. "I am profoundly shocked by the assassination
    376 words
  • Page 1 Advertisements
    • 62 1 IbpsinCarAudk> Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore: Phone *****22 Kuala Lumpur: Phone *****3 *****0 Panang: Phone ***** ***** Jakarta: Phone *****9 We have the Model to suit your office furniture tj PTE. LTD Head Office: 1 Toa Payoh Industrial Bark *01-1387 Singapore 1231. Tel: *****42 (4 lines)
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    • 278 1 \mm TOURISM is now the top foreign currency earner in Thailand, and bahts and efforts are being pumped in to sell the country's tourist spots to major markets. Page 2 US President Reagan has signed into law an omnibus trade bill that "stands foursquare behind free and fairer trade". The
      278 words
    • 145 1 Full report, Page 10 Asian stocks, Page 9 International stocks, Pag* 8 HOW TO DRIVE AROUND SINGAPORE WITHOUTACAR Easy. Rent one from BTW. That way, you only pay for it when you need it. And save your money when you don't. Not to mention car registration and road taxes, servicing
      145 words
    • 15 1 Rodenstocft ility before your eyes Overseas reactions, Back Page Background, Page 5 Leader, Page 8
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  • HOME NEWS
    • 397 2  -  By ANNA TEO TOURISM is now the top foreign currency earner in Thailand, and bahts and efforts are being pumped in to sell the country's tourist spots to major markets. The tourist industry earned about 25 billion bahts from 2.2 million visitors last
      397 words
    • 352 2  -  By BOEY KIT YIN MORE THAN $23.4 million worth of contracts have been awarded to various contractors by the Housing and Development Board. The contracts covered construction of car parks, lorry parks, sewers, sanitary and water installations, as well as repair, redecoration and demolition of flats.
      352 words
    • 346 2 SALES OF metal belt buckles in Singapore failed to take off even after the Attorney-Gener-al's Chambers ruled that they were not offensive. A major distributor has stopped importing the fancy buckles because sales dropped by more than 90 per cent. He also
      346 words
    • 372 2 Seminars and courses DURATION TITLE VENUE ORGANISER Nov 1 People Centred National National Management For Productivity Productivity Senior Managers Board Board Nov 1-2 Personnel Cost Control And Manpower Planning Sheraton Hotel Asian HtghTech Institute Seminar Services Nov 1-3 Electronic Office Hotel New Otam Business Seminars Pte Ltd Nov 2
      372 words
    • TRADE TALK
      • 117 2 has unveil- Ed the BEQ-S2 model, successor to its BEQ-S Like the BEQ-S, the BEQ-S2 is a pre-amp equaliser. Its special feature is a control unit on a flexible stick which "comes to the steering wheel". The new BEQ-S2 combines the operating and installation advantages of the flexible stick
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      • 74 2 new 16-bit personal business computer, recently launched in South-east Asia, is now on display at the PerCompAsiaB4 exhibition. The new Fujitsu Micros 16s is a business tool ideal for professional managers whose responsibilities include complex financial and numerical analysis. The new system supports the MS-DOS and multi-tasking concurrent CP/M-86
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      • 124 2 part of the high- technology and automation organisation. Harris Corporation of the US, has introduced a new system which incorporates the best features of a computer and a word processor. The Lanier network, the System 5000, offers a wide variety of software applications that can be run on the
        124 words
      • 102 2 an Austra- lian company, is seeking agents for its tea made from pure roasted ginger. Packed in bags for onecup servings, the ginger tea is free from preservatives, artificial colouring and added flavourings, and has a shelf life of two years. Produced from ginger
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      • 106 2 a division of Redic Industries, is yet another Australian company seeking agents in Singapore and Southeast Asia for its organic seaweed plant and soil conditioner. Seasol Liquid Organic Seaweed comes from Durvillea Potatorum, cast up on the beaches of islands off the north-west coast of Tasmania. The plant growth
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    • 319 3  -  By LEE HAN SHIH HOTELIERS, condominium developers, industrialists and owners of landed properties are being asked to help make Singapore a more "fruity" place. In fact, the participation of the private sector is necessary for the success of the Ministry of National Development's ambitious
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    • 130 3 SWEDEN WILL continue to emphasise two-way trade and industrial cooperation with Singapore. Mr Thage Peterson, Sweden's Minister of Industry, said this was because his country regarded Asean as an important area for Swedish businesses. Mr Peterson will meet Dr Tony Tan, Minister for Trade and
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    • 308 3 COMPANIES in Singapore should be bold enough to encourage senior or midlevel officers to join house unions, said NTUC Secretary-General Ong Teng Cheong yesterday. These officers could, if they were able to win the trust of the general union members, play a vital
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    • 336 3 iBOTH OLD and new tower cranes now operating in Hocal construction sites will •be kept under constant >trict surveillance next year. Professional engineers [responsible for the checks will also face disciplinary action if they fail to measure up to their tasks. Cranes that
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    • 151 3 SINGAPORE printers and publishers returned with about $1.8 million worth of confirmed orders from the recent Frankfurt Book Fair, the world's largest. Sixteen companies, represented under a national stand, are also negotiating another $6 million worth of orders. Last year, nine companies received $3
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    • 282 3 PRICES OF corrugated [boxes are likely to rise early next year the third price increase since last year. If the expected 8 to 10 per cent increase is implemented, corrugated boxes could cost about $1,350 a tonne, depending on the quality and size required.
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    • 166 3 TELECOMS' Telefax service is now available at all post offices and its customer services outlets. The Telefax service is a low, medium and high speed facsimile service for transmission and reception of documents, graphics, drawings, forms as well as printed, typed or written matter to
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    • 475 3  -  By ANNA TEO THE NEXT decade from *****995 will see the economic issue in North-South cooperation centring oh the "service gap", a consultant and writer said yesterday. Mr Gunter A Pauli, founding partner of PPA and Co, a Belgium-based consulting firm, said that
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    • 101 3 THREE Singapore banks and two Hongkong banks lead-man-aged a US$l5 million floating rate certificate of deposit (FRCD) floated by one of South Korea's largest merchant banks. The issue by Korea Kuwait Banking Corporation its first in the Asian Dollar FRCD market was signed in Singapore yesterday.
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  • Page 2 Advertisements
    • 169 2 '1L <3 SEMINAR PACKAGE There are 1000 and 1 details to organising a successful seminar. Leave the 1000 details to us, the one you have to do is to call our Banquet Manager on *****66 Ext 198. For a minimum attendance of 20 persons, we offer you a very special
      169 words
    • 76 2 THE BEST SELLING BEER IN Tsingtao Beer has the confidence I I r^m beer in China Tsingtao HI being the No 1 beer in China is not just an excellent beer with a rich luscious and unique taste, it contains mineral substances which are vital to the human body It
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  • Page 3 Advertisements
    • 98 3 fj Hi \rl\ j\st Sfif *>5S fei is Because our team performs, better, so will you. Teamwork. It makes the difference between drdinary airline service and arriving in better shape. Cathay Pacific is the airline committed to getting you there in the best possible shape. So everyone, from our check-in
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  • OVERSEAS
    • 485 4 UPI PRESIDENT Ronald Reagan has signed into law an omnibus trade Bill that he said "stands four-square behind free and fairer trade". The legislation increases his authority to negotiate the lowering of trade barriers with other countries or to retaliate by imposing restrictions.
      UPI  -  485 words
    • 172 4 AP ACCESS to Japan's market is now on a level with that of the US and its remaining import barriers are not the cause for the US-Japanese trade imbalance. The Japanese Ambassador to the US, Mr Yoshio Okawara, said in Washington: "The Japanese
      AP  -  172 words
    • 442 4 Reuter FORMER presidential economic adviser Martin Feldstein believes a re-elected Reagan administration will probably increase taxes in 1985 as part of its forthcoming tax reform proposals. In a speech to the US League of Savings Institutions, Mr Feldstein emphasised that a budget
      Reuter  -  442 words
    • 210 4 THE WORLD'S biggest savers live in Switzerland, according to figures released on Tuesday by the International Savings Bank Institute. The next-best savers are the residents of Japan, the US and Belgium. Singaporeans rank sixth. The average Swiss resident had bank deposits and savings certificates worth
      210 words
    • 458 4 Bernama THE MALAYSIAN government will ensure that suitable punishment will be meted out to the culprits responsible for the recent pressure on the ringgit in the foreign exchange market. Prime Minister Datuk Seri Dr Mahathir Mohamad said on Tuesday night he strongly suspected
      Bernama  -  458 words
    • 272 4 Bernama ALTHOUGH the domestic commercial banks dominate the Malaysian banking scene by their sheer size, they are lagging behind the smaller foreignincorporated banks in efficiency and profitability, said the Malaysian Prime Minister Dr Mahathir Mohamad. He told an annual dinner of bankers in Kuala Lumpur on
      Bernama  -  272 words
    • 414 4 Bernama ANOTHER RECESSION may occur in 1986 and beyond if major steps are not taken by the industrial countries to correct their structural imbalances such as problems of high interest rates and anarchic foreign exchange markets, Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad forecast. As
      Bernama  -  414 words
    • 462 4 Reuter AMERICAN government and private analysts say cuts in Opec output should enable its official oil price to stay at US$29 a barrel in the northern hemisphere winter, but another test looms once warm weather returns. An emergency
      Reuter  -  462 words
    • 210 4 UPI SOME North Sea oil field development projects may prove uneconomic if crude oil prices fall much below the U5527.80 level, oil analysts warned on Tuesday. The price of North Sea oil is currently pegged at $28.65 a barrel under recent proposals from
      UPI  -  210 words
    • 225 4 Reuter SEVERAL people were injured when about 750 demonstrators clashed with police in Manila yesterday in the first confrontation over an official report on the murder of opposition leader Benigno Aquino. Riot police used tear gas, smoke bombs, truncheons and water cannon to disperse the
      Reuter  -  225 words
    • 457 6 Hope of reviving weak economy AP THE BURMESE government's recent decision to enter into an industrial enterprise with a West German company Rangoon's first joint venture with a foreign company has been welcomed by local observers and Western diplomats as a good
      AP  -  457 words
    • 558 6 Reuter FROGMEN found the body of kidnapped Warsaw priest Father Jerzy Popieluszko in a reservoir on Tuesday, Polish state television reported. Father Popieluszko, a militantly anti-communist supporter of the banned Solidarity free trade union, was abducted on October 19
      Reuter  -  558 words
    • 184 6 Reuter THE UNITED STATES said yesterday that Vietnam maintained the world's third largest standing army and had turned increasingly to Moscow for assistance. US Ambassador Jeane Kirkpatrick, speaking at the General Assembly's annual debate on the situation on Cambodia, said the continuing war
      Reuter  -  184 words
    • 490 6 AP CHINA EXPECTS record crops of 400 million tonnes of grain and 5.5 million tonnes of cotton this year, while its foreign trade is up by 20 per cent, the Chinese government said. A state statistical bureau official also forecast that 1984 industrial
      AP  -  490 words
    • 182 6 Reuter FORMER Belgian prime minister Paul Vanden Boeynants was committed for trial on charges of tax evasion, a spokesman for the public prosecutor said. Vanden Boeynants, 65, who headed the government from 1966 to 1968 and briefly again in 1979, is accused of income tax
      Reuter  -  182 words
    • 195 6 AFP THE THAI Cabinet has postponed an expected decision that would have outlawed all unconventional financial activities. Finance Minister Sommai Huntrakul also said that a draft decree to outlaw chit funds and other unconventional financial activities was submitted to the Cabinet for approval
      AFP  -  195 words
    • 313 6 FT THE MEMBER states of the European Economic Community should aim for a rapid expansion in economic growth to between 3.5 and 4 per cent, to overcome the continuing increase in unemployment throughout the EEC. This is the major recommendation of
      FT  -  313 words
    • 120 6 AP THE RULING Christian Democratic Union has called for stiffer laws on income disclosure for West German politicians following a corruption scandal that forced two top government officials to resign. Heiner Geissler, CDU general secretary, on Tuesday recommended adopting American-style disclosure laws to
      AP  -  120 words
    • 154 6 AP CHINESE WORKERS began construction on Tuesday on what will be the first computerised reservation and ticketing centre for CAAC, China's staterun airline. The centre is to replace an antiquated system in which travellers cannot book round trips for domestic flights and must reserve
      AP  -  154 words
    • 727 6 ARRIVALS Operator Service Local From number time KAL KE687 0030 KUL RBA BU43 0100 BWN PAA PA5 0155 JFK/SFO/HKG MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH8I1 0940 PEN RBA BI42I 1000 BWN S1A SQ103 1005 KUL CPA CX7I0 1030 HLP
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  • Page 4 Advertisements
    • 426 4 DYNATECH's EVERGO-PC The computer that brings out the best in software. For those who demand nothing but the Best! You dont have to pay IBM"-PC s prices m order to get IBM quality The EVERGO-PC can run thousands of programs that also run in the IBM-PC Of course the EVERGO
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    • 51 4 D •For ACU Deposit call 221-1711 extension 250 For races on $100,000 and above, please call any branch manager or telephone *****47. Rates are subject to change without notice The Bank to grcrw wiA' INDUSTRIAL COMMERCIAL BANK Head Office: 2 Shentun Way #01-01 ICB Building, Tel: *****11 \LEASE OR SALES//
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  • 667 5 Indira Gandhi Assassination BT BACKGROUND THE ASSASSINATION of Prime Minister Indira Gandhi is a tragic climax to a recent period of triumph and tragedy for India. A strong economic recovery which was promising to improve the standard of living of many of the country's 730 million
    667 words
  • 464 5 Sometimes loved, sometimes hated always strong INDIRA GANDHI has known adulation, rejection and re-ac-ceptance in her career as leader of the world's largest democracy for most of the past two decades. She first became prime minister in 1966, two years after the death of her father Jawaharlal Nehru, a towering
    464 words
  • Page 5 Advertisements
    • 71 5 11l •tin »ii' uft f The widest seat in the air. Our new Super Club business class offers you the widest seats in the air. So wide that they aren't the easiest to fit through the door. And so wide that there is only room to fit them in six
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  • Page 6 Advertisements
    • 52 6 Your invitation to business at South-East Asia's leading annual computer event 'Wa [•i H M ill•I^ Opening hours Supported by the PorCompAsia is organised by Singapore Computer Society Singapore Exhibition Services Pte Ltd 11 Dhotoy Ghaut #15-09, Cathay Bunding. a Singapore 0922 W *****47 Telex OS ***** SINGEX si»GA*o*f Aimimts
      52 words
    • 7 6 More Seat room. More Legroom. More Space.
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  • MONEY AND EXCHANGES
    • Article, Illustration
      772 7 SINGAPORE: The US dollar lost ground against major European currencies in thin late trading on European selling yesterday. It weakened to a late 3.0250/60 marks from an early 3.0330/40 and compared with New York's 3.0305/20 close. News of the shooting of Prime Minister Indira Gandhi saw the dollar
      772 words
    • 240 7 Interbank rates at 3pm Currencies Nominal rat in Smithsonian quoted yesterday c roae parity change Local dollars to one unit of foreign currency. US dolor 2.1615 2 1625 2 8196 -23 34 Sterling pound ***** ***** 7 3469 -64 31 Australian dollar 1 8372 1 8392 3 4286
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    • 37 7 THE Monetary Authority of Singapore has invited banks and discount houses to tender for $95 million of 91-day Treasury bills. The tender closes on Nov 2. Each tender must not be for less than $250,000.
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    • 113 7 THE OVERNIGHT rate rose by 1/4-point from Tuesday to close at 65/8 per cent on the Singapore interbank money market yesterday. One, two and threemonth maturities remained unchanged across the board. S$ interbank rates at 3pm yesterday Otter Bid Overnight 6 5/8 6 1/2 I -month 6 15/166
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    • 230 7 ASIAN DOLLAR deposit rates extended earlier losses in thin afternoon trading yesterday on increased lending interest. Interbank deposit ra itee uss Offer Bid 7 days 10 9 7/8 1 month 9 7/8 9 3/4 2 months 10 1/16 9 15/16 3 months 10 1/16 9 15/16 6
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    • 341 7 BA Futures Inc POWERED BY the strong buying interest in Chicago on Tuesday night, Eurodollar futures opened higher in Simex yesterday. A steady federal funds rate and a slight decline in Eurodollar deposit rates dispelled fears of higher interest rates which saw December Eurodollar covering the inside gap at
      BA Futures Inc  -  341 words
    • 194 7 HONGKONG The metal gained some ground in moderately active trading yesterday. It closed at U*****.40/80 an ounce compared with the New York close of $334.00/50 but it was still below the $336.00/40 finish here on Tuesday. Local gold finished HK$l5 lower at $3,124 a tahil. The krugerrand lost $5.00
      194 words
  • BANKING AND FINANCE
    • 392 7 FT AMERICAN bank regulators are trying to curb the rapid growth of some of the country's 3,500 savings and loans as fears mount that further problems in the industry could seriously stretch the authorities' ability to protect depositors. Proposals under consideration
      FT  -  392 words
    • 70 7 Reuter A DEAL under which Citicorp's Citicorp International Trading Co would have taken over London commodity brokers Lonconex is off, after the breakdown of talks, a Citicorp spokesman says. Lonconex has also confirmed that the talks are no longer taking place. Announcements in London
      Reuter  -  70 words
    • 38 7 Reuter THE PHILIPPINES central bank has revised the guiding rate for the peso to 19.99 to the US dollar from 20.00, based on trading by commercial banks, the Bankers Association of the Philippines said. Reuter
      Reuter  -  38 words
    • 443 7 WAN AFTER more than a year of unprecedented change, the Australian and New Zealand foreign exchange markets appear set for further growth. And it is the Australian market which has the greater potential, according to senior foreign exchange dealers in Sydney and Wellington.
      WAN  -  443 words
    • 860 7 Bernama THE ASSOCIATION of Banks in Malaysia (ABM), pledging the financial industry's support of the agricultural sector, has revealed plans to set up a venture capital company to help modernise the sector. ABM chairman Jaffar Hussein said the association was seeking to form the
      Bernama  -  860 words
    • 228 7 Reuter MIDLAND BANK PLC's revised offer for the minority shares in Crocker National Corp has been negotiated to satisfy both Crocker's independent advisers and litigant shareholders. A Midland spokesman said the offer, largely consisting of Crocker preference shares, followed talks with a special committee
      Reuter  -  228 words
    • 172 7 Reuter YUGOSLAVIA is meeting resistance from western creditor governments to parts of its new proposals for a long-term rescheduling arrangement for its US$l9 billion foreign debt. Western diplomatic sources said the main sticking point in Belgrade's new proposals, outlined by Finance Minister
      Reuter  -  172 words
  • Page 7 Advertisements
    • 112 7 FORWARD OVERSEA CREDIT LIMITED One of the most important numbers in finance: 533-3737 Forward Oversea Credit Ltd. is one of Singapore's leading finance companies with a reputation for fast personalised service. Call us today and we will advise you without obligation on suitable financial packages. With FOCL you can be
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  • FEATURES
    • 567 8 INDIRA GANDHI died yesterday, gunned down in a hail of bullets outside her home. A telephone call to a news agency said a Sikh was responsible. Does it matter who pulled the trigger? The sad commentary of 1984 is that the rule of the bullet
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    • 1329 8  -  An enterprising team ot young men have started down an important road for Singapore By GRACE YU WILL Sim Wong Ho, Ng Kai Wa and Chan Ming Tat one day be placed in the computer hall of fame, alongside Steven Jobs and Stephen Wozmak of Apple,
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    • 751 8  - Opec rising above the market forces The once feared Organisation of Petroleum Exporting Countries appears to be on the run. Nonmembers such as Britain and Norway have forced Opec to agree to cut production in an attempt to maintain prices. Is this, then, the end of Opec? ANATOLE KALETSKY thinks
      FT  -  751 words
  • Page 8 Advertisements
    • 154 8 A Savings Accounts Approximate effective annual interest rate 7.231 Interest calculated daily at 7% p.a. and credited monthly. fckMML mmm 63/4% m S* m-m I mi p.a. 12 months p.a. 7Vi% p.a. ■EACH ROAD: 115 Beach Road. Tel: *****55 COLLYER QUAY: 21 Coßyer Quay, Hongkoogßank Building. Td;*****44 JURONG: 1 TahChing
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    • 0 8 -)<^|=_"(@*/.'*%!`::?\]*`'%`,>:
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  • Page 8 Miscellaneous
    • 645 8 saDsasaiMD CRYPTIC PUZZLE ACROSS 1 Where Diana met the extra-terrestrial? (6) 7 Legendary character very good at bridge (8) 8 Pudding cooked on a new gas ring (4) 10 Leader heard in songs (6) 11 Set about the bowling? (6) 14 Like fish out of water? (3) 16 She backs
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  • SPORTS
    • 769 9  -  A strong and confident bowling team breezes in for the Asian Zone FIQ championships By BRIAN MILLER THE PHILIPPINE team to the FIQ Asian Zone bowling championships breezed into town yesterday predicting a sweep of at least five gold medals from the 12 events at
      769 words
    • 337 9 SOMETIMES Singaporeans just don't know how lucky they are to be so strategically located. It wasn't too long ago that our whole economy thrived on it. Now it is our sports. Singapore cricket will today benefit from a New Zealand Test team's desire
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    • 631 9  -  By WALTON MORAIS LIFE IS a gamble. Businessmen do it. Traders practice it. Speculators swear by it. Now another name can be added to this list of people for whom risk taking is a creed squash administrators. For this is exactly what the
      631 words
    • 146 9 THE 10 TEAMS taking part in Asia's most prestigious soccer tournament at the National Stadium in December will have part of' their fate decided on Saturday at the Mandarin Hotel. This is when the draw for the 10-nation Asian Cup will be held,
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    • 233 9 AFP WIMBLEDON'S profits from last summer's championships rose to £4,252,193, an increase of 55 per cent over the 1983 figure, it was revealed on Tuesday. Announcing the surplus, which as always will be handed over to the Lawn Tennis Association for the running and development of the
      AFP  -  233 words
    • 550 9 AFP JAYANT SHAH of Kenya continued his lead today as 35 cars checked in at Ranikhet midway through the second leg of the fifth Indian Himalayan car rally, the control room in New Delhi said on Tuesday night. Last year champion Shah in a
      AFP  -  550 words
  • Page 9 Miscellaneous
    • 1181 9 L. w GOD ilgmkd HIGHLIGHTS Cosmopolitan Theatre 9.10 pm, Channel 12 Michel Strogoff Travelling by boat and train, Michel and Nadia reach the Yorov Mountains, and must now continue their journey by whatever means possible. Horses and carriages are becoming scarce. Michel finds one and together the couple attempt the
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  • INTERNATIONAL STOCKS
    • 189 10 Reuter THE UK Trade and Industry Department will normally limit a bidding company's stake in a target company to about 15 per cent if a Monopolies Commission investigation is under way. Corporate and Consumer Affairs Minister Alex Fletcher said if a
      Reuter  -  189 words
    • 174 10 AP THIRD-QUARTER profits of US Steel Corp have risen nearly threefold to US$l53 million. The United States' largest steel producer said it posted net earnings of $52 million on sales of $4.6 billion in the previous third quarter. The latest quarterly profits came on
      AP  -  174 words
    • 73 10 Reuter INTERNATIONAL Business Machines Corp (IBM) has disclosed in a Securities and Exchange Commission filing that Rolm Corp shareholders will vote on Nov 21 on IBM's proposed acquisition of Rolm. If approved by Rolm shareholders, the merger is expected to be consummated on the date
      Reuter  -  73 words
    • 294 10 Reuter, UPI WALL STREET stock prices jumped sharply higher on Tuesday, largely because of a strong surge in US housing sales, an important sign of economic performance. The Dow Jones Industrial Average, which lost 15.02 in the previous three sessions, jumped 15.90
      Reuter,; UPI  -  294 words
    • 93 10 OCT 30 a Hud Boy Mn 42 7 286 Inco 13* 31* M 37* •f 20 M 20*. unch 23M M Kerr Add 15MB 18 BdTd 33* •M 3* unch 27* 25* 31* 16* 27 -M 55* Noronda 46M M 18* 15*. 4* CmW Rd Lk 29 29MB 15*
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    • 189 10 OCT 90 land Trust Bk 220 101 3 unch INDUSTRIALS nmn unch Unnec Wooh»of1h 420 1400 unch unch 145 MININGS AE And O 800 unch -5 50 Anglos 2440 15 AMIC 2700 Anglvool 1825 1040 -10 Buff eh 7775 250 C G Smith ***** 500 CNA 1956 1125 25
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    • 667 10 OCT 30 USJ ACF Muitnn Aicon AJumn Alcoo Alaghany Lud AM Chtm Cp Akad St<*« Afts-Chalmers A/n Brandt fcic Am Broodcast Am Can Co Am Cyanomd Am Elec Pwr Am Exprtu Am Hon* Prod Am Motor* Cp Am Natirai Gin Am Tal Tel Amax Inc Ameroda Hess AMF
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    • 848 10 Amsterdam OCT 30 Fl» ABN 338 00 unch Acgon 133 80 2 Ahotd 187 00 -1 5 Akio 103 50 +0.6 AMEV 189 50 0.8 Anrfoi Amrotonk .65 50 -0 7 Berk 42 30 inch Boh 104 00 unch Borvjmi 272 00 +2 Boiko BirtVt 69 30 -0
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    • 53 10 Reuter THE NICHOLAS Kiwi board has adjourned its extraordinary general meeting after a bidding duel developed between Consolidated Foods Corp (CFC) and Reckitt and Colman PLC. The last offer before the board adjourned to consider the competing bids was from CFC, worth A 55.25 a Nicholas
      Reuter  -  53 words
  • Page 10 Advertisements
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    • 124 10 Spectacular Double Bill Cedric V Debbie 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 /r- i on all drinks. j§ Offers are valid during 4.00 7.00pm only. MOTEL ASIA Your Mand In Singapore
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    • 79 10 $I*l HUANG PALACE *-trjr X Hong Kong Tim Sum served from 11 am to 230 pm (We also cater for weddings, anniversaries, birthdays and Chinese dinner functions.) For Rrsnvaln>n\ plrasr tall 2W>122 Ex I I*l7 or l-HM) PRESIDENT MERLIN HOTEL SINGAPORE IXI Kimhtmi Ro.nl CK3B IVI 29t012L» □ally new Businessmen's
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    • 71 10 London stocks, Pags 15 m m S=Ssg 112 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, The Pintos Trio. Happy Hours: spm—7pm, 25% off on aN
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  • ASIAN STOCKS
    • 426 11 TOKYO: Share prices closed sharply higher yesterday and the market average closed at a record high of 11,252.98 on renewed buying of populars and incentivebacked issues. The average rose 81.43 points from Tuesday's close after falling 5.38 on Tuesday. The previous record of 11,196.58 was set on Tuesday morning.
      426 words
    • 111 11 MANILA: Share prices closed steady in dull trading. The Commercial and Industrial Index was unchanged at 118.24, the Mining Marker at 828.19 and the Oils Index at 0.584. Atlas Con B rose to 28 from 27. OCT 31 Pnoi Orient ol B PKI Overseas 001 unch j Acote M**nq
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    • 437 11 SYDNEY: Australian share markets closed firm on improved turnover yesterday as investors responded to a sharp rise on Wall Street. Near the close, the All Ordinaries Index was up 4.5 at 753.6, the All Industrials was up 4.4 at a record 1,102.4 and the All Resources was up 4.5
      437 words
    • 90 11 Oct 31 Bonk Seoul Won 657 1 Hyundai Corp Hyundot Motor K AL 905 619 532 690 -14 1 14 30 Choheung Bk Commercial 8k Doetam Ind 622 675 582 unch -5 -13 Korea 04 Korea Ship Lucky Ltd 1216 416 785 -1 -3 -5 Daewoo Corp Daewoo Ind
      90 words
    • 364 11 HONGKONG: Share prices closed barely changed yesterday after a firmer opening in moderately active trading. The Hang Seng Index ended the half-day session 4.08 lower at 1,015.13 on turnover of HK5109.04 million compared with Tuesday's $161.07 million. Among the few advancing stocks, China Light rose 20 cents to $15.20
      364 words
    • 149 11 BANGKOK: Share prices closed higher in active trading with the Book Club Index rising 0.75 to 121.66, the Securities Exchange of Thailand said. Advances led declines by a five-to-four margin. Turnover was 289,455 shares worth 55.4 million baht compared with Tuesday's 345,340 worth 44.8 million. OCT 31 lokti S«om
      149 words
    • 342 11 Reuter HYUNDAI Engineering and Construction Co is finally selling shares to the Korean public after years of resisting government pressure for a flotation to boost confidence and turnover in the stock market. But market analysts say the timing could have been better
      Reuter  -  342 words
    • 76 11 UPI ISUZU MOTORS, an affiliate of General Motors Corp of the US, is planning to develop fuel-efficient, allceramic, turbo-compound engines for cars. The company says the proposed engine with a displacement of 1,800 cc will be equipped with an electronic-controlled high temperature exhaust gas recovery and fuel
      UPI  -  76 words
    • 127 11 THE COCA-COLA Co has just opened its third bottling plant in China, bringing the annual bottling capacity there to 150 million. Besides providing Coco-Cola, the new plant in Xiamen in Fujian Province will bottle other products of the company including, for the first time
      127 words
  • Page 11 Advertisements
    • 509 11 .X 7. > f s-: W'' .'"a'* s? wm i n. F s» raBK» r, Olffp HOT M V; -jrm< wgwn r i^v h (i wxw:> Levels Peninsula Hotel I ~T'l to. J New plush interiors which conjure up an entirely different atmosphere Plus our warm hospitality and a menu
      509 words
    • 100 11 Good Food At Fair Prices Buffet Luncheon Show Every Thursday Modelled by Date Ist November 1964 CARRIE MOOEL AGENCY Pnce $16++ Outfits by Outlet Lunch: 12 noon FASHION DIRECTION Show Time 115 pm Sponsored by: PBBRI NESCAFE D£ LUXE For reservations please call 734 6622 ext 142 fei MiHXMIII. »*/W.
      100 words

  • RAW MATERIALS
    • 381 12 Reuter THE INDONESIAN government is hopeful of opening physical rubber trading before the end of the calendar year as the first move in the establishment of a full commodity exchange, exchange chairman Paian Nainggolan said. Mr Nainggolan said that preparations on rules and contracts
      Reuter  -  381 words
    • 242 12 AFP SAUDI ARABIA'S 1984 wheat harvest has brought self sufficiency in food for the country's approximately 10 million people, but it has cost the governement over US$l billion in price subsidies alone, according to a research paper of the Saudi
      AFP  -  242 words
    • 129 12 Reuter THE International Natural Rubber Organisation (Inro) is preparing to buy stockpile rubber from the world market if necessary, diplomatic sources said. A fall in the Inro five-day average price to its lowest 1984 level last week and weak rubber prices have
      Reuter  -  129 words
    • 217 12 Reuter THE WORLD'S cocoa producing and consuming countries are still far apart after almost a month of hard bargaining and are unlikely to agree on a new agreement to regulate prices. Delegates at a UN conference said on Tuesday that the talks, aimed at
      Reuter  -  217 words
    • 324 12 Bernama THE PALM OIL Research Institute of Malaysia (Porim) has asked the US University of Massachusetts to look into the anti-oxidant and anti-cancer properties of crude palm oil (CPO), Primary Industries Minister Datuk Paul Leong said on Tuesday. The university has been contracted
      Bernama  -  324 words
    • 865 12 COFFEE Robusta futures at midday yesterday were fractionally easier compared with Tuesday's close in quiet trading, except for November which fell £32 on belief tenders against the month from today will show a squeeze is unlikely. November last traded at the morning's lows at £2,488 a tonne, after
      865 words
    • 95 12 THE Kul» Lam par Tin Market (KLTM) prlee held at the International Tin Agreement floorlevel of Ms2S.is per kg. The haffer stack manager absorbed the balk of turnover yesterday reflecting a continuing lack of demand tram ether sectors. Volume decreased te M tannes fram 75 sa Tuesday as
      95 words
    • 167 12 Yarn (In HKS per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 3,150 Blue Phoenix 20's 3,200 BKj« Phoerux 32's 3,800 Blue Phoerux 40's 4,000 Carded yarn, hank 3,400 Blue Phoenix 21's Combed yarn, cones 4,800 Blue Phoenix 32's Blue Phoenix 40's 5,000 Open-end yarn 2,900
      167 words
    • 255 12 SINGAPORE The market closed marginally lower yesterday with November One RSS buyers quoted at 176.75 cents per kg, down 0.50 from Tuesday. In the early afternoon, prices held steady until towards the close when values slipped fractionally on lack of fresh interest in thin trading. Turnover was small. MALAYSIA
      255 words
    • 347 12 RAS prices (in S cents/kilo, FOB in boles) NOON CLOSE Burfs Sellers Buyers Sellers Int 1 RSS prompt 175 25 176 25 174 75 I7575N Int 1 RSS Nov 177 50 178 00 176 75 177 25 Int 1 RSS Dec 180 00 180 50 179 50
      347 words
    • 111 12 (cents/kg, 1-ton pollers) November December (current mth) (forward mth) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 173 00 175 00N 174 00 176 OON SSR 50 171 00 173 00N 172 00 174 OON MRELB Buyers Sellers Buyers Sellers SMR CV 203 50 205 50N
      111 words
    • 428 12 THE TIN industry's interest can best be served in the long term by allowing the metal's real price to fall further. This sounds like heresy to producers who have been defending tin prices at great cost, mainly through such measures
      428 words
    • 244 12 WHEAT futures on the Chicago Board of Trade climbed in the last half hour of active trade on Tuesday to as much as four US-cents a bushel higher in the December contract, but fell back slightly to close 3V« to IVi cents higher. Heavy professional buying in the nearby
      244 words
    • 127 12 SOYBEAN futures on the Chicago Board of Trade fluctuated erratically after mid-session on Tuesday, ending two US-cents a bushel higher in March to '/i cent lower in September in lively trade. Prices plummeted below unchanged after midday, when wire house computer selling was triggered at technical chart points. A
      127 words
    • 152 12 Chinese Produce Exchange (Sellers' noon dosino prices on Oct Robusta 20/25% FOB NSW Nutmeg 502 50 31. S$/100 kg) 110 FOB NSW 380.00 B W FOB NSW 281 00 Coconut oil Gombier Bufc FOB 195 00 FOB NSW 305 00 Old drum FOB 208 00 New drum FOB
      152 words
    • 279 12 Singapore (SS/kito, ex-godown) A-l special C-l special C-l Ordmar> 207 unq unq Thai white Loonzom 100% 100% 1st class first grade unq (kangaroo) 100% second grade 250 rvew crop 1.05 100% third grade unq 100% 2nd class 100% 3rd class 077 0.75 Parboiled 5% 10% 242 237 25% new
      279 words
    • 162 12 MALAYSIAN crude palm oil prices eased on late selling yesterday. Sentiment was earlier dampened by an uncertain Chicago soybean complex close and India's rejection of offers at its palm oil tender. November deliveries in the central and south regions fell Ms3o and $27.50 respectively to $1,120 per tonne.
      162 words

  • SHARE INFORMATION
    • 4264 13 SELLING pressure in the afternoon caused share prices to finish easier at the Singapore stock market yesterday. The BT Composite index fell 1.11 points to 744.34 while the Straits Times Industrial Index dropped 0.92 points to 839.73. Turnover was light at 8.58 million units. In
      4,264 words
    • 265 13 SINGAPORE Rises DISIti 197 ICS 520 S T P 1975 1070 Cow Moot 50* 248 t Mm. S0« 142 OCIC 920 Tm 775 0 S 605 S N P I 570 G Lw*w 171 UOI 454 MTf 436 Falls M 8onkmo 780 Kentucky Spc< 432 Faa M
      265 words
    • 482 13 THE Kuala Lumpur stock market closed on a mixed to easier note yesterday as investors failed to provide follow-through support after an encouraging start. Share prices opened on a slightly steadier note in line with the almost 16point jump in the overnight Dow Jones Industrial
      482 words
    • 3629 13 BID and offer prices 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_unltg unless otherwise specified. All Time SetUement Contract* are quoted after the word "SETT" Big
      3,629 words

  • COMPANY NEWS
    • 924 14 TUSSLE FOR CONTROL OF KAMUNTING MALAYSIA Mining Corp Bhd (MMC) has again emphasised that there was no formal agreement with Datuk K C Koh on a scheme of reconstruction for Kamunting Tin Dredging Bhd. MMC disclosed that it did indeed sign two letters of understanding
      924 words
    • 214 14 Bernama UAC BHD, manufacturer of building materials and pipes, sees the current financial year ending next June 30 as being a difficult year. The company is nevertheless confident that its planned introduction of new products and diversification programme will bear fruit in the second
      Bernama  -  214 words
    • 110 14 HONGKONG Australian Industrials Hong Seng Index Wednesday 1102 4 Tuesday 1098 0 Wednesday >015 13 Week ogo 1093.4 Tuesday 1019.21 NEW YORK Week ago 1054 31 Dow Jones Tuesday 1217.31 TOKYO Monday 1201.41 Tokyo Dow Jones Week ago 1213 01 Wednesday ***** 98 Standard and Poors Tuesday *****55
      110 words
    • 230 14 Managers' prices foe Nov 1 Second B'potra Third B'putro 492 4 10 4 97 4 15 Fourth B'putro 4 44 4 49 Singapore Unit Trust Fifth B'putro Sixth B'putro 302 291 3 07 296 The Commerce 2.56 2 72 Seventh B'putro (A) 207 2 12 The Savings Fund
      230 words
    • 2369 14 INDUSTRIALS Ajmomoto (3 70S) Antoh (1 506 I 525) (II) I 52 (4) I 52 Alcom (I 435) (9) I 44 (8) I 43 (2) I 42 A Choc (2 588) (I) 2 60 (4) 2 59 (3)2 58 AISB (4 445) (2)4 48(1)4 40
      2,369 words
    • 473 15 TRADING IN THE shares of Kuala Lumpur-Kepong was suspended at the request of the company yesterday, prompting speculation that it might be negotiating the sale of its stake in Highlands and Lowlands Bhd. If the speculation is right, then KL-Kepong stands to gain sales
      473 words
    • 354 15  -  By AMY CHEOK LOCAL food-based giant, Cold Storage Holdings PLC, is to receive As2o million ($36 million) for the disposal of its biggest wholly-owned Australian subsidiary, Foodland Holdings Ltd in Victoria. However, Cold Storage failed to disclose how much profit or loss the group
      354 words
    • 442 15 PERN AS Sirae Darby Holdings is linking up with the giant Yokohama Rubber Company of Japan in a move which could lead to the eventual transformation of IT International into one to the biggest tyre companies in Malaysia. Pernas Sime Darby is understood
      442 words
    • 640 15  -  Quest for new Dunlop chief executive By ALAN LEE DUNLOP Holdings PLC has narrowed down the contenders for the post of a new chief executive in the company to two candidates a Briton backed by the banks and an American supported by the board. The
      640 words
    • 376 15 THE STRONG earnings recovery at Raleigh Cycles (M) Bhd, which began in the second half of the previous fiscal year, has slowed down to a more sustainable pace during the first half of the this year. For the first six months to July 31, 1984,
      376 words
    • 791 15 Current Eft Books Date Total for Total tor payment dot* close payoble the year previous y« A 1 S B I5%(b) NYA NYA NYA 15% 15% A M D B 6 3%(b) Oct 8 Oct 18 Nov 29 6 3% 18% A M D B 2%l Nov 12
      791 words
    • 161 15 LAST FULL YEAR Com pony Period Date Yeor Net EPS Gross Net announced ending (cents) div profit lost yeor <%> ($'000) G Lumber Interim June 30 Sep 84 3,618L H K Tin Interim Aug 25 Sep 84 368L K G Hldgs Interim Sep 12 Dec 84 8.3 100
      161 words
    • 821 15 SHARE prices were marked up at the outset yesterday following the sharply higher trend on Wall Street on Tuesday. Dealers said operators are hopeful of interest rate cuts in both the US and the UK in the near future. The assassination of Indian Prime Minister Indira Ghandi had
      821 words
    • 287 15  -  By CHAN OI CHEE TAT LEE BANK Ltd is to assume ownership of the 16-storey extension wing for its head office when the current holding company, Tat Lee Realty Pte Ltd, goes into voluntary liquidation. Approval for the proposed winding-up of the realty
      287 words
  • Page 14 Advertisements
    • 1630 14 Td SOCIETE GENERALE Head Off tea: 29. Boulevard Haussmann. ***** Pans Societe Anonyme founded in 1864 Pans Trade Register 8552 120 222 Capital Fr 1.142.810 600 S«««port Branch 30. Robinson Road. »01-01 Tuan Sing Towers Singapore 0104 PO Bom 724. Maxwell Road PO Tel *****22 (General) *****66 (Fore.) Notes to
      1,630 words

  • Page 15 Advertisements
    • 130 15 NOTICE OF PREPAYMENT «*> The Sumitomo Bank, Limited Singapore Branch U. 5.520,000,000 Callable Negotiable Floating Rate Dollar Certificates of Deposit N0.*****1-*****0 issued on 20 December, 1982. Maturity 23 December 1985. Callable in December 1984. Notice is hereby given that in accordance with Clauses 3 5 of the Certificates of Deposit
      130 words
    • 73 15 Change Of Company's Name We are pleased to announce that with effect from today, Ist November 1984, the name of our company, HITACHI SEMICONDUCTOR (HK) LTD SINGAPORE BRANCH has been changed to: HITACHI ELECTRONIC COMPONENTS (ASIA) LTD SINGAPORE BRANCH The Management, Staff and address of our company remain unchanged HITACHI
      73 words

  • 503 16  -  By LOH HUI YIN EVEN AS the Organisation of Petroleum Exporting Countries hammered out a tentative agreement to shore up oil prices, a warning has been sounded that they will collapse soon. The grim message came from Mr lan Moncrieff, executive vice-president of consultancy
    503 words
  • 215 16 Reuter THE PHILIPPINES Justice Minister yesterday dismissed a proposal to set up a special court to try Armed Forces Chief General Fabian Ver and 25 others implicated by an official report in the murder of opposition leader Benigno Aquino. The minister,
    Reuter  -  215 words
  • 422 16  - British Columbia to study potential of Asian market By SOH TIANG KENG, Banking Correspondent THE CANADIAN province of British Columbia will encourage the development of Canadian dollar bonds in the Asian dollar market. This assurance was given yesterday by the Assistant Deputy Minister (Finance) of the provincial government of British
    422 words
  • 179 16 AFP CHINA yesterday said it would begin negotiations towards normalisation with Vietnam only when Hanoi withdrew all its troops from Cambodia. This reaffirmation of Beijing's position on the issue was made in response to a report that Hanoi would accept any attempt by a third
    AFP  -  179 words
  • 130 16 Bernama MALAYSIA and Saudi Arabia have reached an agreement that haj visas be not issued to intending Malaysian pilgrims who go on their own to the Holy Land, Minister in the Prime Minister's Department, Datuk Khalil Yaakob, said yesterday. He said
    Bernama  -  130 words
  • 229 16 AP, Reuter THE ORGANISATION of Petroleum Exporting Countries (Opec) formally adopted yesterday an 8.5 per cent cut in its production ceiling and said Saudi Arabia would shoulder nearly half the temporary cut. A communique issued at the close of the three-day emergency
    AP,; Reuter  -  229 words
  • 130 16 UPI THE SOVIET UNION, criticised in the West for its failure to help Ethiopia, has sent 300 lorries, 12 transport planes and 24 helicopters to assist its famine striken ally in food distribution programmes, Radio Ethiopia said yesterday. The aid offer was contained in
    UPI  -  130 words
  • 548 16 Indira Gandhi Assassination Agencies WORLD leaders were united in expressing their sorrow at the assassination yesterday of Indian Prime Minister Indira Gandhi, who was gunned down in a hail of bullets outside her New Delhi home. President Ronald Reagan expressed "deep personal sorrow" at the murder. Prime
    Agencies  -  548 words
  • 335 16  -  By LIM SOON NEO SINGAPORE is trying to negotiate for more frequent flights for Singapore Airlines to Vienna and for more liberal traffic rights beyond the city. A delegation from the Ministry of Communications left during the weekend for Vienna to hold discussions
    335 words
  • 219 16 SINGAPORE Airlines is already anticipating more flights to Cairo even before its first flight to this new destination takes off this Saturday. This was reflected in SLA managing director Dr Cheong Choon Koon's speech last night at the Cairo launch reception held
    219 words
  • 67 16 WALL STREET stock prices were lower in early trading yesterday as investors took profits gained in Tuesday's surprise rally. The Dow Jones Industrial Average was down IV* points to under 1210. Overall, losers held a five to four lead over gainers. Volume was 11 million shares. IBM,
    67 words
  • LATE FILE
    • 37 16 AP SHIGERU LSHIMOTO was appointed Japan's first woman minister in 22 years yesterday in a Cabinet reshuffle. Prime Minister Yasuhiro Nakasone,however, left in place his top economic and foreign affairs ministers. AP
      AP  -  37 words
    • 44 16 Reuter THE Sri Lankan government yesterday declared banks an essential service, making it illegal for bank employees to strike. Official sources said the move was aimed at preventing a threatened work stoppage by a group of bank workers.
      Reuter  -  44 words
    • 47 16 UPI A MAN who broke his back, smashed a knee and broke several other bones in a motorcycle accident was awarded US$l.3 million by a court in Los Angeles on Tuesday. The jury found John Murphy's motorcycle steering mechanism to be defective. UPI
      UPI  -  47 words
    • 49 16 UPI AN AGING Soviet-built MiG 21 jet has been fitted with US Sidewinder missiles by Egypt in what is probably the first "marriage" ever between Soviet and US weapons. The jet is to be displayed at a show in Cairo this month. UPI
      UPI  -  49 words
    • 36 16 UPI CUBAN President Fidel Castro yesterday told delegates to a Comecon meeting in Havana that his country's economy grew by 9.8 per cent this year in spite of higher defence spending.
      UPI  -  36 words
    • 36 16 AP PROTESTORS in Chile battled police yesterday in defiance of a curfew. Thirtyeight people were injured, including 16 police officers, and 48 were arrested during violence in scores of neighbourhoods in Santiago.
      AP  -  36 words
    • 46 16 Reuter MASAO FUJIOKA, the president of the Asian Development Bank, (ADB) said yesterday the private sector should be encouraged to plajt a greater role in helping the economies of Asian countries. He was speaking at a two-day symposium in Manila. Reuter
      Reuter  -  46 words
  • Page 16 Advertisements
    • 64 16 AMERICA ON YOUR OWN AMERICA ON YOUR OWN. For business or leisure. A great way to enjoy the benefits of group travel with almost total freedom. What's more, for your extended stay you can take advantage of our special hotel rates available exclusively to you. DO WHAT You Want To
      64 words
    • 0 16 _+"*;\~".$%!)/[@!./@]\^'?*}$'>*
      0 words
    • 415 16 Asian-Pacific Tax and Investment Research Centre Singapore presents 2nd Asian Pacific Tax Conference 4-6 December 1984 Hyatt Regency Singapore TAXATION AND THE TWO-WAY FLOW OF INVESTMENT BETWEEN ASIAN PACIFIC COUNTRIES AND THE DEVELOPED WORLD KEY TOPICS To What Extant Are Foreign Investment Decisions Ultimately Based on Tax Considerations Alun G.
      415 words
  • Page 16 Miscellaneous
    • 58 16 Outlook for today: Showers expected over a few areas in the morning and early afternoon. Report for 24 hours prior to 7 30pm on Oct 31 at the airport: Maximum temperature 31.6 Associated humidity 62 Minimum temperature 24.8 Associated humidity 94 Hours of sunshine 6.90 Rainfall in millimetres Nil Rainfoll
      58 words

  • SHIPPING TIMES
    • 197 17 THE upturn in global shipping has stimulated a recovery in the overseas sector of the Philippine maritime industry. Maritime Industry Authority (Marina) administrator, Victorino A Basco, said the recovery indicated by a recent Marina review can also be attributed to more foreign owners registering their vessels
      197 words
    • 106 17 Cargonews Asia STEVEDORING companies have made public their complaint of graft at the container terminal at Tanjung Priok, Indonesia. "We are forced to pay a bribe of around US$35 for each container that is handled," the manager of a stevedoring company was quoted as saying in one
      Cargonews Asia  -  106 words
    • 432 17  -  By G DURAIRAJ JOHOR Port will have one of the most versatile cargo handling systems at any Malaysian ports when it installs two Finnish-made multi-purpose cranes. The port which is about to complete the second phase expansion, will install two sets of level-luff-ing cranes to handle
      432 words
    • 189 17  -  By Kingsley Wood IF THE Liberal-National Parties win the Australian general election on Dec 1, an attempt will be made to sell Australian National Line. The proceeds will be used to build the Alice Springs-Darwin railway. This is the main opposition's transport policy an- nounced
      189 words
    • 667 17 Ihiimhi ii 1 '"W"* unv Col Afeo VI 3 Ahrenkiel Liner VI 5 Alphotrons VI 4 Alpoc VI 5 A PC Line V 4 APL IN 4/5 ASCL IN 1 Astobfoker V 5 Austasio Lme V 1 Bolt-Orient V* 4/5 Bangkok Cont VI 2 Bonk Lme V
      667 words
    • PORTSIDES
      • 59 17 THE MANAGING director of Seawinds, Mr Bengt I Henriksen, said his line has filed for bankruptcy under Chapter 11, and while he held out hope of a reorganisation, chances appeared to be slim. According to reports overseas, the 18-month old US-based container carrier had unsecured debts of about
        59 words
      • 43 17 EVERGREEN Line and the Port of San Francisco have signed a five-year revenue-sharing agreement. Evergreen will use San Francisco as its regular port of call in Northern California, and will share in the revenue that the service brings to the port.
        43 words
      • 74 17 YANG MING Line has plans to enlarge its fleet by adding new ships on a year-by-year basis after the present four newbuildings are delivered. The company president, Mr HW Kuo, said the 1,900 TEU ships currently operating between the US, Europe and the Far East are
        74 words
      • 39 17 A NEW port under construction in Indonesia called Pulau Baai, will start operations by the end of this year. The port, in Bengkula province, hopes to become the most important port on the western Sumatra seaboard.
        39 words
    • 1612 18 ALGERIA Algiers Sept 15. About 12 days delays with about 45 vessels waiting. Bejaia Oct 14. Three vessels waiting. Skikda Oct 14. Five vessels waiting. ANGOLA Luanda Oct 23rd. 4-5 days. 4 vessels anchored. Lobito —1-2 days. ARGENTINA Buenos Aires Oct 23rd. Customs personnel strike on Oct 25th
      1,612 words
    • 925 18 FT THREE OF the biggest, most sophisticated and expensive ships ever ordered by British companies are entering the UK merchant fleet this year. Costing nearly US$3OO million in all, their names evoke the grander, more profitable days of shipping Barber Hector, Royal Princess and Atlantic
      FT; Source: General Council British Shipping  -  925 words
    • 1436 18 FURTHER increases have been recorded for grain fixing out of the US Gulf on Tuesday on an otherwise rather quiet and featureless freight market, shipbrokers said. A vessel was arranged for 52,000 long tons of heavy grain from the Gulf to Japan at US$l6 compared with $15.95 previously
      1,436 words
    • 209 19 TMR/ITN AS MANY as 10 container liner companies could be pushed to the wall over the next 18 months by the hefty increase in tonnages and new round-the-world services. Speakers at the Port of Oakland's Megatrends in International Commerce Conference last week provided gloomy statistics
      TMR/ITN  -  209 words
    • 449 19 THE HONGKONG scrapping industry has been given a boost by the recent auctions of vessels arrested in the colony. But the shipbreaking industry can never be what it was in the boom years between 1977 to 1980 or even the *****, said Mr Leo
      449 words
    • 155 19 Reuter JAPANESE seamen persuaded dockers at Tokyo Port to refuse to unload the 18,084 gross ton Liberian freighter Ocean Esperance in protest against what they said were low wages and conditions of its crewmen, the Japan Seamen's Union said. The Japanese operator of the ship,
      Reuter  -  155 words
    • 186 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 LineAustralia/Straits Container
      186 words
    • 298 19 NYT A CONCERTED series of strikes and demonstrations took place on Tuesday in the main industrial ports of Spain's northern Atlantic coast in protest against the socialist government's cutback plans, particularly in the shipbuilding industry. The organisers of the one-day strike, who included all the
      NYT  -  298 words
    • 725 20 Oct 2s-N«v 2 Inert gas and crude oil washing, Wilson Walton International course in conjunction with College of Nautical Studies. Warsash, Southampton. Oct 36-N»v 2 Third offshore search and rescue communications conference, Leith Nautical Centre, Edinburg. Oct M-Nov 1 6th Lloyd's international aviation conference, Montreal. Oct Jl-N«v 2
      725 words
    • 4001 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.
      4,001 words
    • 684 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Location Ship Voy date/time Operator cargo schedule P Mckinley Ever Vigor Chengtu Glory Ace As Progress Kai Moru E Handsome Nik Tikhonov Jenwel Pelopor Kansai Pioneer E Pioneer Pasewalk P Van Buren
      684 words
    • 1803 25 The leading shipping lines operating from local ports and their agents. A-B AKKA African Shipping Agencies (Si A(r*-K«r*Jila liar Transgroup <Si AkmiUH liner Service Kim Shpg (Si Alfred C Taepler Oreanus Shipping Agencies (S) Mahniex Enterprise (PK) Alpao Inlrasea (Si Bintang Shpg (Kl.I Island Cargo Handling
      1,803 words
    • 360 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Ava Berislav Jenhol Litija Pertiwi Silver Star World Discoverer Banglar Mita Equator III Intanin Jenson Luise Leonhardt 47 31/2 22 8/9 15/6 20W 45 18 23 31/2 22 35/6 Boustead Sinsov Thong Soon HGilf S Kheng SSPL
      360 words
  • Page 17 Advertisements
    • 264 17 HEUNG-A SHIPPING Korea Flag Vsls Regular Liner Semi-Container Service To: P. Kelang/Penanj/Banfkok/Keelunf/ Busan/Inchon Fm: Busan/Moji/H. Kon( S pore Afent: Neptune Afencies Pte Ltd Tel: *****77 P.K. *****4, PN *****5 K.L. *****0 .IARDIXK ANT AH lOiuentOveiqeas Contain*< Line I FULLY CONTAINERISED SERVICE 10 EUROPE VIA SUE 7 Calling Brenwrhaven atter Hamburg
      264 words
    • 318 17 UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shtnlon W 04-02 C M«nni Mouif Singapore 0207 Tel *****94 olei No RS2S4I9 CFS office TPC 03-30 Tel *****31 end *****32 Terminal oMice TPC 03-29 Tel No *****90/*****93 uUASC :< ir;/.T i mn.\ r mi. i i»: r-v ■.tmjvwti i a
      318 words
    • 900 17 TIMES *r MAERSK LINE XPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA TO I PACIFIC C.L I I A 1 I ANTK I AST ANADA. IM ANIU'dIXTS SWGAPORf aOSiIG TMES *CY 5/11 1100 HRi CFS 4/11 2300 HRS I 6/11 I 24/11 M RANDO 8-S/ll 19-10/11 I LUNA MAERSK
      900 words

  • Page 18 Advertisements
    • 209 18 FAR EAST/EUROPE CONTAINER SERVICE From Europe t) Barcelona. Genoa. 2) Amsterdam Antwerp. L Havre. Basle. UK. 3) Bremen. Bremerhaven. Aarhus, Copenhagen. Helsinki 4) Malmo. Stockholm. Oslo 'Accepting Europe cargo for feeder via S pore 'Also direct cargo tor Spore I Bangkok Pts contact PERMSC P Kelang tot feeder arrangement Aho
      209 words
    • 445 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES Pacific South West Feeder at Tokyo MMtar V& U/li OM ASA 2/12 5/12 Pacific North Waat Feeder at Kotoa IMhcr VSI st* I I KTUG* |/12 Atlantic/Canada Feeder at Koba aritar m r ran uv USA/CANADA F«t*i O.WT »a mm TRANS SIBERIAN SFRVICfc sp
      445 words

  • Page 19 Advertisements
    • 1064 19 The Straits Steamship Group OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabati, Sarawak, Brunei Ports and Bangkok COHTAMERSMP SERVICE TO/FROM BANGKOK Iran t'ton 20/11 29/11 OS/12 M/ 12 14/12 15/12 20/12 21/12 27/12 20/12 07/1 00/1 14/1 IS/1 21/1 22/1 20/1 20/1 04/1 M/l Abo acceptint carjo for: Hjmtwt
      1,064 words
    • 408 19 Franco Belgian Services !M{ MHI H Of ACt CON SOU T lUM I I* CHARGFURS HAVRAISE KItDEX l IMF Am j (MED CLUB ME VBERi CHARGEURS REUNIS SLMICOrtJTAINtHISEO SLHVICL ro ALST AfHU A Optorg Shipping Pte. Ltd Port Kalang 3*7001/? Patal.ng Jay* VS7SS3 575«C3 Panang &32A5 E L M A
      408 words

  • Page 20 Advertisements
    • 526 20 1 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scamfinavia.Med, Carribean I S. America Hand hauUufe to inland destinations in Europe TO EUROPE/MED S pore r KeUnf Pent Lenoes Bibao Genu H burj Rdam B'h»cn Antwerp BNYOUNUS 6/11 S/ll 10/U 3/12 6/12- J/1214/12 12/12 22/12 Connecting in Kobe "AKo accepting cargo
      526 words
    • 587 20 M.S.line FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 *ceCem«tium j PKetant Lettawf dam FfIWM Hbt»| Anlaetp 411 22 11 ?3/U 25/11 11 Mil 11/11 ?9 11 30 11 2/12 1/12 2/12 19/11 812 10.12 12 12 15 12 25/11 13 12 Ul2 16,12 18 12 19 12 30 11
      587 words
    • 564 20 HXSINOSE \J MARITIME PTE LTD |m| KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC CRYSTAL ROSE 20/11 Satfaport P KeUnf lo«dr)( far: OCEANIA COUWER Saied Wewak, Madar*. L*. P. Moresby. AJotau. Kimbe Honiara. Noumea Lautoka. Suva, Papeetie CRYSTAL ROSE 20/11 lae, Honiara. Noumea, Lautoka. Suva. Papeete, Para. Apia Accepbnf Container*
      564 words
    • 657 20 o EVERGREEN Full Container Service VHtiXiicwosinoiaciemwK no GOMC 4/11 10/11 U/U 11/11 M/U 17/11 15/U t/12 11/12 14/12 11/12 27/ no fiWNT 15/11 70/11 22/11 23/11 20/11 27/11 2t/U 11/12 21/12 24/12 20/12 7/1 EWR SUR 25/U 30/11 1/12 1/12 C/ 12 7/12 20/12 2t/12 1/U 4/1 1/1 17/ no
      657 words
    • 94 20 I 1 M j FULL CONTAWER MO CONVENTIONAL SERVICE TO MEXICO I CENTRAL AMERICA Feeder Vessel Spore Mother Vessel Discharge Ports A' VESSEL Long Beach 4/12 Manzanflo 9/12 AJso Accepting Containers toi U S West Coast GENERAL AGENTS SMOSf MMHTBK PTt lID Id: Z*****4/7 M MINTS MALOSE MARfTME SON. BH>.
      94 words

  • Page 21 Advertisements
    • 890 21 PIL GROUP ***** rrjiMH'/r M COLOMBO/CHITTAGONG/RANGOON SERVICES iwin M 2-5/11 20-21/11 BANGKOK DIRECT SERVICES l iM INDONESIA SERVICES S PORE *-5/11 IVfl' PACIFIC INTERNATIONAL LINES PTE LTD PIL BLDG., 140 Cecil Street, 03-00 S'pore 0106 Tel: *****33 (20 Lines) DIRECT LINE: *****39, *****76 TELEX: RS *****, *****, *****, CNTR *****)
      890 words
    • 814 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE STRAITS TOEMtOPE STOW P KEIANG Baaaaas 5/U 4/U Hnfksnt Eiprau 12/11 U/U Carifcai Bay fr**h#l Eiprtii Mrtoor Bi| Ban 19/11 21/11 24/11 30/11 Eiprm 4/12 C/ 12 lay 12/12 14/12 Ei*rau 24/12 21/12 m 21/12 21/12 4/1 VI mm 12/1 M/i Ml
      814 words
    • 577 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'pore Service Ful Container Vessel. Buun Tok Amu Rate Kiataaaif HonftonfS por» I| Pno GOMV.I3HB 11/10 U/10 21/10 25/10 27/10 1/11 3/11 KWMfkHIT Vl4 IS 2t/10 21/10 30/10 3/11 5/11 10/11 12/11 GONIVI4HB 15/11 17/11 22/11 23/11 21/11 25/11 kUItfMT »IS >C 24/11
      577 words
    • 388 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION Avo V7l Loikuw VB9 Loshio V 36 Pogon V 79 Myomoywo VB3 Loadni for Rangoon S pore P Kelong In Pt/1 Nov 2/3 Nov 5/ 6 Nov 19/23 Nov 8/9 Nov Penong BANK LINE EXPRESS DCPOCCNT SERVICE TO UK/CONT SP °RE R'DAM
      388 words

  • Page 22 Advertisements
    • 786 22 K —KAWASAKI KISEN KAISHA, LTD. 1 ECUADOR/PERU/CHILE FEEDER, MOT** VSI ftANSAI PlOKtlt V 39 VESSEL HUG PNC SPORE KOK GUAYAQUIL 3 No. 5 Nov 7 Nov 24 Nov 24 Dec C All AO MICA IQUQU A FA6ASTA 5 ANTOtRO VALPARAISO 29 Dec 31 Oct 7 tan 9 tut 11 lan
      786 words
    • 497 22 ContMiwr t Bfntttult S MOKENSTa ¥103 Accept int Contantrs om> OSAKA MMU Ml* HATAKAWA MMU 7017f S.A CONSTANTIA V 046 SA VAAI *171% U YEWfLEGEN V. 07t Br**kbulk and cont*in*ri«*d cargo** Dir*ct to S'p«* DwtM fttj CTmm IX* Mjputo P Eta 2/12 13/12 24/11 */ll 13/12 29/11 11/12 Ctwn PEli
      497 words
    • 572 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS COHTAMER/REEFER/MIK SERVICE Lu*t tor lOS ANGELES SAN FRANCISCO SUTTLE TACOMA VANCOUVER B C Atcfpbrf Fa 'Fa CaMa—n P >!U«| I Anjftri lAIEHN" MNN IS/knm UIK AUSTRALIA EXPRESS CONTAINER SERVICE Acdpint Fa/fa Cw»—ii Pitta* Span htm 19 X No, 27 No. 23/24 No. 25/2* No. 30k
      572 words
    • 475 22 SANKO ASIA FNOM JAPANESE POUTS ANO HONGKONG S-ntaporc CJ Slurp I Ce (M) Me ltd Td *****22 Port Ketenc lANAS Slurp Sdn BM Td 3M104/3M349 Peiunf lANAS Slurp S*i BM Td *****5/36 7 7919 GENERAL SURVEY FOR: (i) FUKUZAKI MARU wfl be hdd on 1.11.14 GREAT MOUNT be hdd on
      475 words
    • 538 22 INTRASEA !PTC) LTD 10 Anson Road »27 1b Inte'nationai Pia/a Singapore 0207 Tel *****T 1 110 Lines) o' BREAKBULK SERVICE TO EUROPE/UK S pore P KeUnj Load** tor:BUNGA KENANGA 68M913 9/11 ROTT/ANT/UJI. (AVON) CHEWY FLOWER *****12 A 10/11 12/11 ROTT/ANT/UJI. (AVON) ALEXAMftIA *****14 11/11 SE TE/ROT T ANT/U.K. (AVONI SEAWOOD
      538 words

  • Page 23 Advertisements
    • 664 23 K.NOL NEPTUNE ORIENT LINES LTD I TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) 1100 2300 MAETERLINCK 3E. SS BRIDGE 47E. K JACEJM 26E Jayakarta Also accepting cargo to/from Bangkok and I Malaysia TO/FROM NORTH
      664 words
    • 408 23 DOS AM HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO SPI*I «UNIS WPTUNI AM NCIIS Pll I ID Ifl ?*****7 7/***** Book-ntsi ???/SlO *****7? (Opnatmm I 7?09?54 (tcrmnjl) ??0?4SO ??0?S04 (CIS) Ul mi* J MIS IItNAS SI ?IA SDN BHD Kl IH 414J90 *****4 PA Ift PfN tri
      408 words
    • 689 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Sinfapore 0104 Telephone Number* *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KELANC M/S SHAMKAT NAM SOON SON. BM>. IST AND 2ND FLOOR. NO 1 lALAN CEMPENWG PORT KLANG MALAYSIA
      689 words
    • 104 23 ahrenkiel liner service (H.K.) LTD DURBAN JOHANNESBURG MAPUTO. MAURITIUS A RFUNION WESTBOUND NAXOS ISLANO 19W R BAY DURBAN SIN BAPON STAR 10E 16 10 84 27 10 84 13 1184 Agents: Kim Shipping Trading Pte Ltd 63 Market Street =08-11 Tat Lee BWg S pore 0104 Telex: RS ***** KtMTRA
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  • Page 24 Advertisements
    • 479 24 Kv«|ioiml Container l-iiirs 1 3 Sailings Weekly IM3Reliable Regular Punctual Berthing P S A. 1500 Hrs. Tues, Thurs 4 Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER I I.TK lIK.W I.IHT \KRIKK SINGAPORE ISLANDS LINE VEB DEUTFRACHT/SEEREEOEREI ROSTOCK FULL CONTAINER SERVICE Spore 'Ant**! 2 Not 24 Not (ON 31
      479 words
    • 27 24 FARGO SHIPPmC COMPANY (PTE.) LTD EXPRESS CONTAINER SERVICF SINGAPORE/BANGKOK EVERY 7 DAYS 7B Keppel Road. 17 07 Tanjong Pagar Complex Singapore 0208 Tel *****77. *****88 4 *****52
      27 words
  • Page 24 Miscellaneous
    • 183 24 n Regional Weather m rr 0 '1 JA m 2 M i! I Tv' S<* K 3^ Si 1 3 sfe A E$ V3*t r.\« as SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c cf w Wind direction with speed in knots Wave height LEGEND R Thunderstorm
      183 words

  • Page 25 Advertisements
    • 43 25 WORLD LINE LIC()11NF. sn I CMTTAGONG HALDIA (CALCUTTA) M/V ARMAGNAC VIOLS 4 Sailed M/V ARTCHS VIILS4 18/11 M/V ANJOII VH.SS 18/12 SEAL lON SHPfWG (S) PTE LTD. SALES/BOOKINGS TEL *****81 LUS) COLOMBO BOMBAY KARACHI 2/11 6/11 8/11 2/12 6/12 9/12 5/1 8/1 12/1
      43 words
    • 223 25 Scan Dutch 9 To Europe (Med/UK/NC/Scan) SINGAPORE ACCEPTWG SAILING 1) MARSEILLES 2) ROTTERDAM 3) HAMBURG 4) GOTHENBURG Anson In Port Anson 8/11 Anson 15/11 Anson 22/11 Anson 29/11 Anson 6/12 B Butang 2/11 B Kemumng 9/11 B Butang 16/11 B Kemumng 23/11 B Butang 30/11 B Kemumng 7/12 N Deltt-t-Nihon
      223 words

  • Page 26 Advertisements
    • 695 26 §21 MOL Mitsui O.S.K. Lines. csi pte LTD. CONVENTIONAL/SEMI-CONTAINER EAST AFRICA CONTINENTAL PARTNER 6 Nov Mombasa, Daressalaam. Tamatave NEDLLOYD MOJI 16 Nov Mombasa. Daressalaam GLORIA PEAK 27 Nov Port Louis, Reunion AFRICA'S •WEST AFRICA NEDLLOYD MANILA NEDLLOYD MANILA 12 Nov Monrovia. Abidjan. Apapa, Tema, Douala POPI P 13 Nov Abidjan.
      695 words