The Business Times, 6 November 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, NOVEMBER 1,1984 60 CENTS
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  • 326 1 STUDENTS with 'A' level qualifications can now pursue Masters degrees in computer-relat-ed courses at two British universities without having to have a basic degree. This follows the recognition of the Japan-Singapore Institute of Software Technology's (JSIST) Diploma in Programing and Systems Analysis as
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  • 408 1  -  Astrid Meadows developer cuts values by 25pc By LISA LEE THE DEVELOPER of Astrid Meadows has slashed prices by a total of $45 million to attract more buyers. Parkway Land, an associate company of Parkway Properties, has cut prices of all the 182 condominium units in
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  • 359 1  -  By JOHN LIM I, Industrial Correspondent A LOCAL electronics company has acquired the assets of the medical products subsidiary of Timex Corporation, better known for its range of cheap watches, in a joint venture with American partners. Singatronics (S) Pte Ltd
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  • 263 1 HONG GUAN Building in Robinson Road is expected to fetch its owner about $11 million at a public auction this month. According to marketing agents Knight Frank Cheong Hock Chye and Baillieu, the seven-storey office building, owned by Hong Guan and Company Ltd, is one
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  • 108 1 AP GOVERNMENT prosecutors yesterday ordered armed forces chief General Fabian Ver and 25 other people to answer charges of double murder in the slaying of former Senator Benigno Aquino and the man the military claims killed him, the Philippines News Agency reported. Mr Manuel Herrera,
    AP  -  108 words
  • Article, Illustration
    50 1 SHARE PRICES drifted tower la light tradlag ea the Singapore stock market yesterday. Muy observers were topCed that the reeeat tosoeaef liquidity ta Malaysia had lit improved investor Ike BT Cempsrite ladex fell 5.M points tower to 154.il while the Straits Times ladastrlal ladex dropped IM psiats toBNJB.
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  • 376 1  -  By FOO CHOY PENG THE PEOPLE'S Action Party is to put a young prominent businessman through its rigorous selection tests for its third candidacy in the last batch of new faces it will introduce to the public. If he passes the tests and
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  • 141 1 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday criticised developed countries that have ganged up into economic communities with the sole intention of denying access to goods from developing countries. These countries, he said, controlled trading of primary commodities through exclusive marketing clubs.
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  • 446 1  -  By LOH HUI YIN A CALL for a greater emphasis on the rule of law was made last night by Mr S Rajaratnam. "Today, when crime is rife and when criminals are coming close to establishing a criminal society, I would tighten
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  • 111 1 AFP AN OFFICIAL inquiry into the explosion of an ammunition depot in Jakarta last week has concluded that it was an accident. Armed forces commander General Benny Murdani said yesterday no military personnel were under investigation. He also ruled out negligence as the cause of
    AFP  -  111 words
  • Page 1 Advertisements
    • 74 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM KOHLER creates great sensations in your bathroom scene With supreme bathroom accessories and fittings. ■I In veil Koh ler's series ot sculptured pedestal basins Or appreciate exquisitely-designed toilets ith rridtc hing bidets in vibrant colours Come into Kohler s world ot class at lacks
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    • 263 1 Opposition hood colls for transition govt, Pogo 5 mm SHARE INFORMATION 13 RAW MATERIALS 10 AIRCRAFT 6 THE Sentoso Development Corporation will spend $18 million to develop a new ferry terminal on a four-hec-tare landscaped plaza. The building will be at Imbiah Bay opposite the World Trade (.entre. Page 2
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    • 23 1 ^)%%^\!@.`.++~)}_>$"]*("^[<)^>, What does KLM mean in English?" Reliability' in any language -t KLM. first in the air. The Reliable Airline KLM Royal Dutch Airlines
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    • 15 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Enargy institute in S'pors, Export may Hml Pag* 2
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  • HOME NEWS
    • 340 2  -  By JOANNE YAP THE SENTOSA Development Corporation (SDC) will spend $18 million to develop a new ferry terminal on a four-hectare landscaped plaza. According to the corporation's latest annual report, the two-storey terminal building will be built at Imbiah Bay opposite the World
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    • 176 2 ESSO Singapore Pte Ltd has become the first company in the Far East to use an underwater robot scanner, Corroscan, to check corrosion on its underwater pipeline. The inspection, which was carried out by Veritec Marine Technology Consultants Pte Ltd, started in early October and
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    • 295 2  -  By LOH HUI YIN THERE COULD be growing pressure on countries to impose protectionist measures as exports of Middle East petroleum products increase. But Mr E Allan Wendt, US Deputy Assistant Secretary for International Energy and Resources, hopes countries will not succumb to this fall-out
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    • 179 2 AN EXHIBITION aimed at the health-conscious will be held at the Singapore Science Centre. The official opening of the exhibition on "Chemicals We Eat and Drink" will be on Nov 16. The exhibition on "Chemicals We Eat and Drink" aims to generate an awareness of the
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    • 81 2 A NINE-MEMBER delegation from Penang will be in Singapore tomorrow to meet officers from several ministries. Headed by Madam Kee Phaik Cheen, the delegation of four Penang Municipal Councillors and five officials will visit the Parks and Recreation Department, the Housing and Development Board, People's
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    • 163 2 OVERSEAS Union Bank (OUB) yesterday launched its Share-Giro scheme for the Community Chest of Singapore. This new scheme makes it possible for donors to contribute towards charity and receive a statement at the end of the year for tax relief claims. The donor has only to
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    • 413 3  -  By TSANG SAU YIN HIGHER than expected cost estimates have persuaded officials of the American Club that the original design of the new clubhouse should be modified. This was reported in the lead article of the "Singapore American", the regular newsletter of the American community
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    • 129 3 THE SINGAPORE Armed Forces is conducting military exercises daily in Lim Chu Kang, Hong Kah, Marsiling, Mandai, Tampines, Pulau Übin, Bah Soon Pah, Punggol, Wing Loong, Loyang and Sembawang areas till Sunday. Meanwhile, the Republic of Singapore Air Force (RSAF) is conducting live firing exercises
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    • 233 3 NTUC COMFORT taxi drivers will be taught the finer skills of human relations. "Experts on human relations will be engaged to conduct a passenger relations course from next year," disclosed an editorial in the latest issue of NTUC Comfort, the cooperative's magazine. "This course will enable
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    • 205 3 TRADE WITH East Germany is expected to increase by as much as 40 per cent this year. This will bring the total trade figure from $56.5 million last year to about $80 million this year. Consumer goods and raw materials will
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    • 50 3 THE Minister of State (Education), Dr Tay Eng Soon, accompanied by officials from the Ministry of Education and Ministry of Foreign Affairs, will attend the ministerial meeting of the 30th session of the Colombo Plan Consultative Meeting in Kuala Lumpur which started yesterday and will end tomorrow.
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    • 438 3  -  By MONICA GWEE SHIPYARDS compete in the world as a single market and face fierce competition at the international level. To compete ably, local shipyards must use the "people factor". The industry was still very labour-intensive in spite of modernisation, and the competitiveness of a
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    • 339 3  -  By ANNA TEO TEAMWORK must exist, not only among workers but within middle management as well. That is the essence of the Mform organisation, based on William Ouchi's book, "The Mform Society". Mr Ng Kiat Chong, executive director of the National Productivity Board, referred to
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  • Page 2 Advertisements
    • 451 2 When you automate your office without BIOTEC. You're stepping on the accelerator without freeing the brakes If Needless to say, you don't gain ground that way. Not that your automation programme is at fault. Fact is, human variables (the 132 physiological conditions) need looking into. And this is where the
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    • 82 2 Scasor of flie $unf In Europe, the quest /or wild game is a wellloved sport. At the BARON'S TABLE, the pleasures of hunting are experienced in the magnificent offering of prized game fare, prepared in celebrated European tradition. From November 2-17, the bounty of the hunt is gloriously laid out
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  • OVERSEAS
    • 460 4 Soviets respond to call for better ties by Shultz UPI THE SOVIET UNION has said that it wants US Secretary of State George Shultz to produce "concrete deeds" to back up his call for better relations. The Soviet media, commenting on meetings in New
      UPI  -  460 words
    • 227 4 UPI FLICK, the corporate giant suspected of bribing leading West German politicians, gave almost US$l9 million to various political and civic groups between 1963 and 1977. The Duesseldorf-based industrial holding company gave 55.7 million marks during that period to political
      UPI  -  227 words
    • 154 4 Reuter TURNOVER of the West German construction equipment company, Wibau AG, a former subsidiary of the bankrupt IBH Holding AG, was overstated by as much as three times, receiver Dirk Pfeil said. Wibau slipped into bankruptcy in December last year after the collapse of IBH
      Reuter  -  154 words
    • 294 4 Reuter THE BRITISH government will be able to cut taxes modestly in the next fiscal year in spite of the prospective over-run on state borrowing in 1964/85, two brokers said in separate reports. James Capel and Co sees room for £1.5 billion
      Reuter  -  294 words
    • 487 4 NYT THE SOVIET UNION, in a move aimed at closer economic contacts with its allies, has authorised factories to establish "direct links" with their counterparts in other communist countries. The contacts could speed the infusion of advanced technology into the Soviet economy
      NYT  -  487 words
    • 261 4 AFP AP POLICE professionalism, computer aids, strong authorities and "the help we inevitably require of the public" can combine to defeat terrorism, the head of Scotland Yard's antiterrorist squad, Commander Simon Crawshaw, said. In an interview with the British news agency, the Press Association, he
      AFP; AP  -  261 words
    • 211 5 AFP AN OPPOSITION leader in the Philippines has proposed a summit meeting between President Marcos and key leaders of the opposition to set up a transition government. Former senator Salvador Laurel, president of the United Democratic Nationalist Organisation (Unido), said the summit
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    • 230 5 Reuter THE ARSON and killing unleashed against India's Sikh minority after the murder of Prime Minister Indira Gandhi is likely to cut deep into the economy. Sikhs control broad areas of industry, commerce and transport. But leaders of the community said the
      Reuter  -  230 words
    • 194 5 AUSTRALIA has become the economic front-runner among the world's eight major industrial nations, the monthly International Economic Scoreboard said. The leading index in Australia which signals the future direction of the economy is rising at an annual rate of 10 per cent. Australia's economic performance index,
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    • 117 5 INDIA'S new prime minister, Rajiv Gandhi, yesterday left affairs of state behind te carry oat a sad family dsty. He collected the ashes of his slain mother In a dawn Hindu rltaal which marked the beginning of their last jnriey te India's snowclad
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    • 284 5 Kyodo JAPANESE and Soviet leaders, in their first face-to-face meeting in 11 years, have agreed in principle to work towards improving their bilateral relations. Japanese Prime Minister Yasuhiro Nakasone and Soviet Premier Nikolai Tikhonov, in New Delhi to attend Indian Prime Minister Indira Gandhi's
      Kyodo  -  284 words
    • WORLD IN BRIEF
      • 60 5 THE FRENCH government has exploded a 40-kilotonne nuclear device at its Mururoa testing site the second in a week and the sixth this year. New Zealand Prime Minister David Lange said he was "appalled at this blatant disregard of official protests and public opposition, not only in New
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      • 29 5 THE CORRESPONDENT of Far Eastern Economic Review in Jakarta has been re- fused an extension of his working visa. No reason was given for the decision.
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      • 29 5 THE AFGHAN government yesterday executed nine Islamic rebels convicted by a "special revolutionary court" for exploding a bomb at Kabul airport in August, the official radio reported.
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      • 25 5 CANDIDATES of the ruling Sandinist Front has won Nicaragua's election, judging by the first few thousand votes tabulated by the Supreme Electoral Council.
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      • 81 5 THE CHAIRMAN of Britain's Conservative Party, who narrowly escaped injury in an IRA bombing last month, has flown to the US to try to convince Americans to stop giving money to Irish nationalist guerrillas. Mr John Selwyn Gummer said before leaving London's Heathrow airport: "The American coverage of
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    • 383 6 'ggggi Reuter PRESIDENT REAGAN expects an overwhelming endorsement of his policies and philosophy in today's presidential election while Walter Mondale struggles to prevent a humiliating rout. Mr Mondale stepped up his attacks on Mr Reagan on Sunday, branding him an uncaring president. He thumped the
      Reuter  -  383 words
    • 245 6 Reuter GERALD INE FERRARO, on the last two days of her historic quest to become the first woman vice-president of the US, has begun a barnstorming tour of seven states hoping for a miracle win at the polls today. She will spend 29 hours
      Reuter  -  245 words
    • 177 6 Reuter US TREASURY SECRETARY Donald Regan said he has not decided to phase out the federal income tax deduction for state and local taxes and to tax all unemployment and workmen's compensation. "It is absolutely untrue... that we have made any final decisions," Mr Regan
      Reuter  -  177 words
    • 54 6 Reuter THREE PEOPLE, two of them policemen using tear gas to clear crowds from a stadium, were shot and wounded during fighting in the Argentine soccer championships. Three hundred police used tear gas to clear the stands at Buenos Aires's Chacarita Stadium during a match between Chacarita Juniors
      Reuter  -  54 words
    • 335 6 Reuter EAST ASIAN states are experiencing their best economic growth since the *****, with only the Philippines in deep recession, according to the latest issue of Time magazine. The magazine's Pacific Board of Economists reported that South Korea, Singapore, Taiwan and Hongkong were
      Reuter  -  335 words
    • 285 6 Reuter AMERICAN Vice President George Bush has hit out at critics who charge that he has become President Ronald Reagan's sycophantic chief cheerleader and angrily claimed he never viewed loyalty as a character defect. With the presidential election campaign nearing its end, Mr Bush has
      Reuter  -  285 words
    • 245 6 AFP THE AMERICAN space shuttle, Discovery, will be launched tomorrow (or what may be the most difficult Job ever attempted on a shuttle mission the capture of two satellites that were sent into useless orbits during a shuttle mission last February. The communications relay
      AFP  -  245 words
    • 47 6 Reuter THE Pentagon has stopped taking delivery of equipment using microchips built by Signetics Corp, due to what defence officials said was its inadequate testing procedures. It is the third time this year the Pentagon has alleged faulty testing by a chip maker. Reuter
      Reuter  -  47 words
    • 251 6 UPI THE POLISH government faced a deepening crisis yesterday over the murder of a pro-Solidarity priest following revelations that the popular cleric had been beaten and tortured by members of the secret police. Church and Solidarity sources said Father Jerzy Popieluszko, whose body
      UPI  -  251 words
    • 124 6 Reuter PRIME MINISTER Yasuhiro Nakasone has emphasised the importance of the Japanese naval force and of securing safety for sea traffic to Japan. Newly-appointed Defence Minister Koichi Kato read a prepared statement for a naval parade in the Bay of Sagami, 70 km
      Reuter  -  124 words
    • 747 6 ARRIVALS Operator Sorvico number Locol time From PAA PA5 0155 JFK/SFO/HKG CV CV796 0315 LUX/DBX MAS MH601 0720 KUL MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN RBA BI421 1000 BWN S1A SQI03 1005 KUL CPA CX7I0 1030 HLP
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  • Page 4 Advertisements
    • 108 4 When you fly Singapore Airlines, you have the option of taking a Stopover Holiday at any of 17 cities around the world at prices you simply can't pass by. The one low price gives you hotel accommodation, breakfast, sightseeing tours and, in most cities, airport transfers and discounts on car
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    • 223 4 -SYSTEM KJTORE VE«SE C BLAUPUNKT uorm 4. so« DNR MET V A STATK )N 1 2 3 4 5 U U V*;' ma 41J&SS P #> vkjra» wc -siO-V There are so many radio stations these days, but have you noticed how long it takes to find the one you
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  • Page 5 Advertisements
    • 102 5 IN THE CENTRE OF THE LAND LIES THE PRIDE OF THE FUTURE Shah Alam the State Capital of Selangor—the Pride of the Future. Meticulously conceived and laid out, this emerging township is just 21 kilometres from Kuala Lumpur, and within easy reach of Subang International Airport. Access to both is
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  • Page 6 Advertisements
    • 109 6 Convene I I f f A <zs> 9 ,:s J W&4, *e? t• li«l A* largest convention ballroom in Penang. With facilities for up to 800 persons, secretarial and telex service and audio-visual equipment to ensure a better conference. Also, luxurious rooms, fine restaurants, and recreational amenities on land ana
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    • 11 6 I W1 Pan Am.Dailv 747SPToIJSA. It Flies Smoother, Faster And Quieter.
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  • Page 7 Advertisements
    • 232 7 V I pj-l nj™ {in 3 O f'T T j "UHlllWl nrJ r Z "jr yr z z r -'rjjffini i r~ r -—ft —y 7, IK. 7 7 -_f 1 PLAZA PERANGSANG NTRE OF ATTENTION Shah Alarn the state Capital of Selangor the Pride of the Future. In the
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  • FEATURES
    • 537 8 FEAR OF ENVY will prove a particularly deadly sin if it is allowed to undermine Singapore's longterm economic performance. That threat was highlighted last week when the Prime Minister announced that he was astonished to find that a poll of workers had shown that
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    • 856 8  -  Nigerian businessmen are trying to stamp out a multi-million dollar counterfeiting operation By GILES ELGOOD Reuter NIGERIA, black Africa's biggest economy, is also the continent's largest market for pirated goods, according to businessmen fighting the racket. Clive Fell, chairman of an action group set up to
      Reuter  -  856 words
    • 516 8  -  letter to the Editor Yap Yeow Woon Far Director PaMic Retattsas Department Repabbe *t Sagapare Peflce DEAR SIR, I refer to the report headlined "Lawyer hits out at weak trademark legislation" which appeared in BT on Oct 12, 1984. The report which quoted a lawyer,
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  • Page 8 Advertisements
    • 436 8 i' £>4 ■> v ■v* < v*»fiMßKl V* igr-gfc&v x-i:'V 5> .This *>? ■f 1 1 t«l Kpplt fcv ,y w ill -1 f i' Sc./--; ,X:^l 4 mEZ.^Lh3A HE ,«<r* A*** v'AV i\ X v> .X<\,N X V O.NVA n \V,\^A < <o > V» 3 \o > V
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  • Page 8 Miscellaneous

  • SPORTS
    • 666 9  -  BthFIQ Asian Zone Championship Nov 4th —10th 1984 Singapore By BRIAN MILLER IN AN EXHIBITION of bowling that had the crowd at Jackie's Bowl Magic Score roaring the house down, Bong Coo of the Philippines shot herself to the first gold
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    • 487 9  -  By WALTON MORAIS WHILE THE prize money of $40,000 is incentive enough, this will not be all they'll be playing for in the Cycle 6 Carriage PGA Pro Classic which begins at the Bukit course with the Pro-Am tournament today. For four golfers from
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    • 588 9 IST TEE 8.15 Teo Chin Seng, James CS Loh, Koo Koo Kee, C M Heng; 8.22 Poh Hock Lian, James Smeal, Denis Tay, Fong Hoe Beng; 8.28 Mye Aye, George E P Tan, P P Tay, Sng Eng Chuan; BJB Bobby Lim, JB King, Benjamin Gan, Roy Mackie;
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  • Page 9 Advertisements
    • 94 9 i Dragon City 228 Masterfully Prepared Sichuan Sea Food Dishes FREE: a bottle of Renault Cognac OVB for meals exceeding $300. And Gazela Vinho Verde Wine for meals excee^in fx# From 16 Sep-15 Nov'B4 its* Wong Ban Sav Rest Manager jffiAJII Dragon City Sichuan Restaurant Novotel Orchid Inn (Plymouth Wing)
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    • 495 9 INTERNATIONAL CONFERENCE ON TIIE IMPACT OF MODERN CHALLENGES ON THE COMPANY SECRETARY 7 8 DECEMBER 1984 SINGAPORE 10 11 DECEMBER 1984 KUALA LUMPUR COMPANY SECRETARIAL PRACTICE MINUTES RESOLUTIONS RELEVANCE ACCURACY DUTIES LIABILITIES OF THE DIRECTORS UNDER THE COMPANIES ACT CORPORATE TAX PLANNING THE COMPANY SECRETARY THE COMPANY SECRETARY'S RESPONSIBILITIES TO
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  • Page 9 Miscellaneous
    • 964 9 TO QOG) GftGXXD c CHAHNKS j) 2.30 PM SBC Text 'Live' Sample Pages 3.00 Operant and Programme rtghights folowed by The Struggle 4.25 For the Faniy 4.55 The Comic Book Kids The Princess and the Gobin 5.20 Battftestar 6alactka War of the Gods (Part 1/ r) 105 Cultural Diary (English)
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    • 663 9 /a iKCH>aa CRYPTIC PUZZLE ACROSS 3 A question for the selectors (5) 8 French novel n Lotm (5> 10 A sucker once workrtg tor the doctor (5) 11 Charge an artist a tot (3) 12 Excessively centraksed seat* (5) 13 Character of a ptay (7) 15 The arrangement to make
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  • RAW MATERIALS
    • 155 10 Chinese Produce Robusta 20/25% FOB NSW 502 50 Exchange (Sellers' i>oon closing prices on No* 5 S$/100k 9 Nutmeg 110 FOB NSW B W FOB NSW 380 00 281 00 Coconut oil Bulk FOB 195 00 Gombier 305 00 Otd drum FOB 208 00 FOB NSW New drum
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    • 126 10 PRICES on the Malaysian crude palm oil market closed firmer yesterday in fairly active trading on covering following news of a powerful typhoon over the Philippines and also aided by higher Chicago soybean futures. In November and December, south and central gained Mss and $10 respectively to $1,170
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    • 92 10 THE KLTM price rose three cents te M 525.24 per kg, still within the ITA lower range of $21.15 and The steadier sentiment was attributed te sustained strong support by the buffer stock manager and buying by Japanese and local Interests. Hie KL premium over the UK spot
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    • 231 10 SINGAPORE The market finished easier yesterday with November One RSS buyers quoted at 171.00 cents per kg, down four cents from last Friday. Values held steady in early afternoon trading but lost around towards the close as more sellers appeared. MALAYSIA The market closed lower yesterday at 189.00 cents
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    • 143 10 Yarn (In HK$ per bob of 400 lb) China carded yarn, cones Blue Phoenix I6's 3,150 Blue Phoenix 20's 3,200 Btue Phoemx 32 s 3,800 Blue Phoenix 40'* 4,000 Carded yarn, hank Blue Phoenix 21 's 3,400 Combed yarn, cones Blue Phoenix 32'» 4,800 Blue Phoenix 40's 5,000 Open-end
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    • 350 10 RAS prices (hi S cents/kilo, FOB in boles) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS prompt 170 50 171 50 169 50 170 SON Irrt 1 RSS Nov 172 50 ***** 171 00 172 00 Int 1 RSS Dec 174 50 175 00 173 00
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    • 381 10 COFFEE Robusta futures ended a subdued morning session £14 to £2 easier yesterday, apart from March which was up £1. January finished at £2,271, down £9, and unchanged from midmorning. SUGAR Number six raw sugar futures were mostly unchanged yesterday from Friday's close at end morning with near
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    • 109 10 (cents/kg, 1-ton pallets) November December (current mtb) (forward mth) RAS NOON NOON Buyers Setters Buyers StMtn SSR20 169 00 17! 00N 170 00 172 OON SSR 50 167 00 169 OON 168 00 170 OON MRELB Buyers Scllen Buy*s StHtn SMR CV 197 00 199 OON 199
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    • 282 10 Singapore C-l special C-l Ordinary Loonzom 100% first grade 100% second grode unq unq (S$/kito, «x-9©down) Thai whit* 250 100% 1st clots 100% third grade unq (kangaroo) new crop 1 05 Porboiled 100% 2nd dass 077 5% 242 100% 3rd class 075 10% 237 25% new crop B-10% No
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  • Page 10 Advertisements
    • 436 10 TheBEEFEATER At LIAT TOWRRS! Had enough of seafood restaurants and Chinese 10-course dinners? Here's the true-blue English alternative. Outgrown disco and cant stand cocktail lounges with noisy bands? Sneak in at "The Beef'. We play music for old times' sake. The Beefeater at Liat Towers. It's a pub that takes
      436 words
    • 77 10 HUANG PALACE X Hong Kong Tim Sum served from 11 am to 230 pm (We also cater for weddings, anniversaries, birthdays and Chinese dinner functions.) For Rrsrnmtions plrasr rail F.xl /<?7 or 1400 PRESIDENT MERLIN HOTEL SINGAPORE INI. kiiilx-im R<utl. Smi( i|Mif( OtfJO lil 3H0122 Daily new Businessmen's Lunch at
      77 words
    • 121 10 T MEMBERSHIP FOR SWIMMING POOL MEMBERSHIP FEE Single $15.00 per month Couple $25.00 per month Family $30.00 per month Group/Company Negotiable ENTITLEMENTS: Exclusive use of the Swimming Pool on 3rd Floor of the Hotel from 8:00 a.m. to 9:00 p.m. 10% Discount on all meals in Cafe De Grand. 10%
      121 words
    • 130 10 by hong Kong chefs. And feel like royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00 pm for dinner a^wn HOTEL 2700rchard Road Singaporeo923Tele* RS22SI9 MCROWM Cabte CROW-mOTCL Teli 7SJI I 11. S 'k r Vl V M w
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  • ASIAN STOCKS
    • 344 11 HONGKONG: Stocks reversed gains in the morning yesterday to close lower on speculative and chartist selling, despite the bullish impact of a strong Tokyo market. The Hang Seng Index ended 7.75 points off at 1,027.48 against a 3.48 rise at the midmorning fix. Leaders were mostly lower with Cheung
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    • 236 11 MOV OS Al Sncora Mia MT 7 30 unch unch 0 6 0.5 Cham Indus Lion Hwa trxfcjs Nan Yo Mas 18.10 13 10 MOO 25 30 unch 0 15 0 1 -02 Cottxjy Cora Chang Hwa Bank 28 50 52.00 17 90 Pacific Elact Wira Pootung Papar 17.90
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    • 340 11 TOKYO: Share prices rose steeply in moderate trading yesterday and the market average closed at a record high, buoyed by the rising yen. The average ended at 11,374.08, up 124.13 from Friday's close on turnover of 360 million shares against 410 million on Friday. The previous record set last
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    • 141 11 MANILA: Shares prices closed generally firmer yesterday but trading remained dull and appeared unaffected by an announcement by central bank governor Jose Fernandez that the International Monetary Fund had accepted a financial rescue package for the Philippines. The Commercial and Industrial Index moved up 0.33 to close at 118.68
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    • 370 11 SYDNEY: Stocks closed firm across the boards yesterday as investors responded to positve signals from abroad. Near the close, the All Ordinaries Index was up 4.6 at 770.7, the All Industrials Index was up 4.6 at 1,123.2 and the All Resources Index was up 4.5 at 498.4. National turnover
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    • 161 11 BANGKOK: Stock prices fell across the board yesterday in a depressed session after the baht devaluation. The Book Club Index fell 4.15 points, the biggest daily fall since September 1982, to finish at 119.08. Turnover was 453,399 shares worth 87.7 million baht compared with 647,084 shares worth 69.2 million
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    • 78 11 No* 5 Bank SmU Won 655 -1 Hyundai Corp Hymdai Motor K Al 915 629 540 720 52 10 15 2 Chohaung Bk 618 2 1220 Coff¥n»oat Bk 670 2 Korea S^> 416 +6 Oo«hii Ind 590 20 800 15 482 +7 740 15 645 15 sin 858 18
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    • 54 11 FIFTEEN major Japanese companies will set up a new company to introduce from the US a largescale digital information service network the Net-1000 System developed by American Telephone and Telegraph (AT&T). The one billion yen company, tentatively named Enhanced Network Service Planning Japan, will be
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    • 184 11 Reuter HONGKONG trading company Ryoden Machinery Co has agreed to join a US$6O million expansion of Jingjiang Hotel in Shanghai. The property manager of Ryoden, Raymond Hu, says that Ryoden and several partners have set up Hop Ming Investment Co to take 25 per cent
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    • 73 11 Reuter WESTINGHOUSE Electric Corp has expressed interest in a proposal from Turkey to build and manage the country's first nuclear power plant. Government sources said that interested parties, including frontrunners Kraftwerk Union of West Germany and Aiomic Energy of Canada, had been invited to produce
      Reuter  -  73 words
    • Corporate round-up
      • 103 11 SHARP Corp has announced parent company profits after tax of 16.58 billion yen (14.28 billion yen) for the six months ended Sep 30. Current profits came to 30.85 billion yen (25.12 billion yen) while operating profits were 19.01 billion yen (15.25 billion yen). Sales were
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      • 100 11 FANUC has reported parent company after-tax profits of 12.20 billion yen (8.70 billion yen) for the six months ended Sep 30. Current profits amounted to 25.81 billion (19.19 billion yen). Operating profits were 23.79 billion yen (17.91 billion yen). Sales were 68.07 billion yen (52.20
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      • 89 11 Reuter SHIONOGI and Co has achieved parent company profits after tax of 4.68 billion yen (6.18 billion yen) for the six months ended Sep 30. Current profits totalled 12.78 billion yen (15.30 billion yen) while operating profits were 12.30 billion yen (14.58 billion yen). Sales
        Reuter  -  89 words
    • 98 11 Reuter THE BIG LAKE 96 evaluation well in South Australia has flowed oil from the Jurassic Namur sandstone at a rate of 390 barrels a day in an eight-hour flow test. Santos says that the flow, through a half-inch choke, is the first recorded
      Reuter  -  98 words
  • Page 11 Advertisements
    • 481 11 Wb&tt Id wine. dlae and eat^rtala ir Treat yourself with our daily buffet spread. Or choose from our generous a la carte menu. For the final indulgence, our desserts and home-made ices are too good to miss. The Orchard Cafe. Where variety is deliciously Distinctively Hilton ry3y in Style. IU?
      481 words
    • 120 11 ECONOMICS Good Food At Fair Prices n* 1 im V T I xu AJ Mil ||=j 1 i ISISJ *1 NOW OPEN FOR BUSINESS Where Peking Sichuan Cuisines Reach the Very Peak of Perfection. Where Every Dish is Carefully Created By Our Master Hong Kong Chefs. At the Cairnhill Hotel.
      120 words

  • BANKING AND FINANCE
    • 347 12 Bemama THE MALAYSIAN government may review the freeze on the issue of licences to new finance companies if the freeze stifles the availability of credit facilites to the public. Deputy Finance Minister Datuk Sabaruddin Chik said, however, the government believed that public
      Bemama  -  347 words
    • 206 12 Reuter SALOMON BROTHERS Inc chief economist Henry Kaufman says the Federal Open Market Committee (FOMC) is likely to formulate a strategy at its meeting tomorrow that will result in Fed funds falling to 9V* -9 x /i per cent by next week.
      Reuter  -  206 words
    • 291 12 SINGAPORE'S strategic location in the region has caused Italy's largest bank to reconsider its presence here. Mr Nerio Nesi, chairman of Banca Nazionale del Lavoro (BNL), was in Singapore yesterday on the occasion of the upgrading of the bank's representative office to an
      291 words
    • 127 12 Reuter THE DEUTSCHEMARK should rise further against the US dollar in the long term and West German market interest rates should continue to fall after a period of consolidation, according to German Savings Bank Association president Helmut Geiger. In an interview reported in the Welt
      Reuter  -  127 words
    • 197 12 THE INSURANCE subsidiary of DBS Bank, ICS, is offering cheaper premium rates to DBS group staff as part of the group's overall fringe benefits for its employees. The preferential rates, which represent a savings of five per cent to 15 per cent off the
      197 words
    • 407 12 Reuter THE INTERNATIONAL Monetary Fund has accepted a financial rescue package for the Philippines. Central bank governor Jose Fernandez said that the plan was approved by IMF managing director Jacques de Larosiere after it was formally endorsed by a 12-bank advisory committee of
      Reuter  -  407 words
    • 137 12 Reuter THE AUSTRALIAN government has approved the establishment of five new merchant banks under its foreign investment policy, including three wholly foreign-owned. Treasurer Paul Keating says the 100 per cent foreign-owned firms are Equiticorp Australia, owned by New Zealand's Equiticorp Holdings, Midland International Australia, owned
      Reuter  -  137 words
    • 73 12 Reuter THE BRAZILIAN Futures Exchange will start operating on Nov 30 with trading in spot gold and gold futures, according to its president, Geoffrey Greenman. Bars of 250 grams will be traded on the futures market, with positions for February. April, June, August, October
      Reuter  -  73 words
    • 260 12 Interbank rates at 3pm CUffWClN Noniiwl rat QUOlid jffft M Si lordoy c mittioonion Ton parity change Local dollars to one unit of foreign currency: US doKor 2 1500 2 1510 2 8196 -23 75 Sterling pound 2 6746 2 6779 7 3469 -63 60 Australian dollor 1
      260 words
    • 244 12 ASIAN DOLLAR deposit rates closed little changed yesterday around firmer opening levels in quiet afternoon trading. Short-dates finned between 1/8 and 5/16 point initially on higher Fed funds. Thereafter, Monday, Wednesday eased 1/16 from the opening to close at 10-1/8 10 per cent, but was still higher
      244 words
    • 338 12 BA Futures Inc EURODOLLAR futures at Simex opened yesterday with a firm tone as market was rife with speculation that the Fed will ease its monetary policy and interest rates. But trading was quiet. In the near term, prices are expected to consolidate. The December contract opened at 89.92,
      BA Futures Inc  -  338 words
    • 212 12 HONGKONG The metal closed about steady yesterday. It finished unchanged at U*****.70 342.10 an ounce from its opening and was slightly below Saturday's $341.80 342.30 close here. On the local market, gold ended HK$2 above Saturday's close at $3,188 a tahil. The krugerrand was $25 off at HK52,760. TOKYO
      212 words
    • Article, Illustration
      864 12 SINGAPORE: The US dollar closed higher yesterday against most major currencies but below the day's highs in active afternoon trading. It closed firmer at 2.9480 9500 marks compared with an early 2.9435/ 45 and New York's Friday 2.9350/80 close, but was below the day's high of 2.9630 on
      864 words
    • 120 12 THE OVERNIGHT rate fell by 3/8-point from last Friday to close at 6 7/8 per cent on the Singapore interbank money market yesterday. One and three-month maturities remained unchanged while two-month rose by 1/ 16-point. S$ interbank rates at 3pm yesterday Offer Bid Overnight 6 7/8 6 3/4
      120 words
  • Page 12 Advertisements
    • 97 12 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
      97 words
    • 134 12 CHINESE CRAFTS The Story of how they are made what they mean The enormous land mass of China is the birthplace of an astonishing number of magnificent crafts rendered in materials as various as ceramic, lacquer, bronze, ivory, jade and silk. Many exquisite pieces are displayed in museums worldwide. This
      134 words

  • SHARE INFORMATION
    • 4097 13 SIGNS of easier liquidity in Malaysia did not help share prices on the Singapore stock market yesterday. The BT Composite Index fell 5-04 points to 734.11 while the Straits Times Industrial Index dropped 1.55 points to 834.88. Volume was light at 8.37
      4,097 words
    • 232 13 SINGAPORE Rises Kan Elact 350 C f Ufa 1790 EM 50« 250 Ntaaa la* 25* 124 SpwaLaaft 308 F 4 H 530 S r Tactih 285 Amcmt 2S< 2SS GaM Caia 255 Cam Plaat 90c 249 Falls M 580 iamVwm 252 FACIM *a*~ HU- 297 t Maagi
      232 words
    • 436 13 CONDITIONS remained soft at the Kuala Lumpur stock market yesterday with share prices retreating across the board. Trading, although selective, was on the quiet side with investors again preferring to stay on the sidelines. Reflecting the easier trend, the market scoreboard registered 18 gains
      436 words
    • 2885 13 urn and offer prices officially listed and business in and reported to the Stock Kxchange of Singapore yesterday with the number of shares traded shown In brackets to lots of 1,000 unlt#_ unless otherwise specified. All Time Settlement Contracts are auoted after the word "SETT"
      2,885 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 883 14  -  h THE MONTH < THAT WAS J 4 By CHEN QINGSHUN THE MONTH of October brought little cheer to investors and brokers alike. Volume was low and the Straits Times Industrial Index fell to a 19month low. The ST Index lost
      883 words
    • 335 14 THE US Justice Department has requested additional information concerning IBM's proposed US$l.25 billion acquisition of Rolm, the West Coast advanced telecommunications equipment manufacturer. Justice Department approval for the planned acquisition announced in September is required under the US Hart-Scott-Rodino Antitrust Act. The Justice
      335 words
    • 203 14 FT PAN AM, parent of Pan American World Airways, has reported a 93 per cent drop in third quarter earnings and said it is cutting 850 Jobs and taiHng other cost-cutting measures in an attempt to save about US$3O million a year. The airline blamed
      FT  -  203 words
    • 68 14 SUN HUNG KAI has recommended a speculative buy for Tuan Sing at the price of 73 cents per share. The highly geared company, with the ratio of total borrowings to net tangible assets higher than 0.7, is expected to show a turnaround in 1984. Manufacturing operations,
      68 words
    • 151 14 Reuter EXXON CORP's 1965 capital and exploration budget will be similar to its 1964 spending of US$9.5 billion, senior vice-president Lawrence Rawl said. Mr Rawl said the company is currently working out its planned 1985 spending level, but would not be more specific. Exxon's spending
      Reuter  -  151 words
    • 1997 14 BID and offer price* officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of I.OQO units unless otherwise specified. INDUSTRIALS A Ckoc (2.565) (12) 2 56 AtSB (4.285) (2)
      1,997 words
    • 105 14 HONGKONG Austrolion Industrials Monday 1123.2 Hong Seng Index Friday 1118.6 Week ago 1098.8 Monday 1027 48 Friday 1035 23 NEW YORK Week ogo 1039 30 Dow Jones TOKYO Friday 1216.65 Tokyo Dow Jones Thursday 1217.09 Week ogo 1204 95 Monday ***** 08 Saturday ***** 95 Stondord and Poors
      105 words
    • 215 14 Managers' pncti Second B'putra 485 490 for Nov 6 Thrd B'putra Fourth B'putra 4.07 435 4 12 4.40 Singapore Unit Trust Fifth B'putra Sixth B'putra 297 286 302 291 The Commerce 2.58 2.74 Seventh B'putra (A) 204 209 The Savings Fund 1.71 1.81 Seventh B'putra (B) 3.81 3.86
      215 words
    • TAKING STOCK...
      • 370 15 Ins and outs of the High Low sale HOCK LOCK SIEW AFTER MONTHS of speculation, Kuala-Lumpur Kepong has finally announced the disposal of its 26 per cent stake in Highlands and Lowlands. The deal with Kumpulan Guthrie, a unit of Permodalan Nasional Bhd, should be mutually beneficial to both parties.
        HOCK LOCK SIEW  -  370 words
      • 280 15 IN SPITE OF having grown considerably, Idris Hydraulic (Malaysia) Bhd is expected to expand further, particularly as the group enjoys the powerful backing of Umno's Koperasi Bersatu. There is speculation that there are plans to enlarge the insurance business of Idris, which is currently undertaken
        280 words
    • 235 15  -  By RAMESH CHANDIRAMANI AS A RESULT of a renegotiation of the terms of acquisition, Norsechem (M) Bhd will need to issue less shares for its purchase of a housing development company. Under the revised terms, the vendors of Summit Development Corp
      235 words
    • 35 15 THE Far East Stock Exchange Ltd of Hongkong has suspended a member brokerage firm called Wonderful and Co from trading, after it received complaints of default from clients of Wonderful. Reuter
      35 words
    • Latest results
      • 45 15 Group pre-tax profits fell to M 51.48 million ($1.63 million) for the first six months to Sep 30, 1984. After-tax profits stood at $738,000 ($835,000) giving net EPS of 2.9 cents (3.3 cents). No interim dividend has been recommended.
        45 words
    • 446 15 THE LEE family of Development Commercial Bank fame is making its second move in what will be a series of complex deals to take over Roxy Electric Industries (Malaysia) Bhd. IREX, the private investment company of the Lee family, is making an offer through
      446 words
    • 299 15  -  By AMY CHEOK GANDA Holdings Bhd has made further inroads into the property scene by acquiring a property development company for M 51.61 million cash. The group, through a subsidiary, Landbanq Sdn Bhd, has offered to purchase the entire issued and paid-up capital
      299 words
    • 626 15  -  By LORETTA McLAUGHLAN SINGAPORE and Malaysian stocks are losing their appeal on Wall Street. And the flood of local companies offering Americans a chance to invest in companies here has dried up. Only four years ago, when the local market was on
      626 words
    • 347 15 AN AMERICAN Depositary Receipt is a certificate issued by a US depositary. All the ADR programmes for Singapore and Malaysian companies have been established by Morgan Guaranty Trust in New York. The ADRs are issued in the US but are backed by
      347 words
    • 1024 15 SHARE prices opened mixed in quiet trading yesterday. The FTSE 100 at 945 am was down 1.3 at 1167.3. Operators are still optimistic about interest rate cuts and the sterling exchange rate index opened one basis point up at 75.8. Government bonds showed gains ranging to Vj -point
      1,024 words
  • Page 14 Advertisements
    • 243 14 AVCTIOJf MACHINERY&EQUIPMENTS Dates: 15th, 16th 17th Nov. 1984 (from 10.00 a.m. daily) Venue: 2A Corporation Road, Singapore 2261. i Viewing: 12th, 13th 14th Nov. i m (10.00 a.m. to 6.00 p.m.) f Consisting of Shibaura Horizontal Boring Machines, Friedrich Deckel Engraving Copying Machine, Aida 80-ton Single Crank Presses, Mitsui Seiki
      243 words
    • 78 14 A VIP (Very interesting Penguin) :v--?i f I yft y l i; 4 Martina Navrati.lova reveals the secrets of her amazing success in a handbook packed with practical information. From the basics of coaching and body conditioning, to strategy, surfaces and sportsmanship, her book provides complete instruction on the inner
      78 words

  • Page 15 Advertisements
    • 411 15 Fabrics Garments Shoes Accessories (TRADE ONLY) November 14th, 15th and 16th, 1964, 2 to 7 pm at the Century Park Sheraton A® Singapore flown in fryy// u. For the fifth consecutive year, leading designers and manufacturers from Austria will present the latest m fashion materials and accessories to buyers and
      411 words

  • 487 16  -  By BRIAN MILLER IF THE first day's scores can be used as a yardstick to gauge the quality and standard of the bowlers in this year's Asian Zone FIQ championships, then it should be safe to say that tenpin records are going
    487 words
  • 546 16  -  Aim to develop energy expertise for Asia-Pacific region By LOH HUI YIN AN ENERGY institute will be established in Singapore to develop expertise on energy for the Asia-Pacific region. The institute, to be set up by the Law Association for Asia and the Western Pacific (Lawasia),
    546 words
  • 508 16 ELEVEN employer groups have given the thumbs up for improved work attitudes among workers, but they are asking for solutions to the labour shortage, rising costs and the gaps in education and training. The employer groups had submitted productivity recommendations to the National Productivity Council
    508 words
  • 363 16  -  By MONICA GWEE ANNA TEO THE NATIONAL Productivity Board (NPB) has formed a task force to study the problems of middle management. The 10-member task force, formed in August, is led by Mr PK Velu, Assistant Director of Supervisory Development at NPB. Other
    363 words
  • 51 16 UPI POWERFUL typhoon Agnes yesterday rampaged across the Central Philippines, triggering floods, knocking down power and communications lines and destroying houses. The Philippine News Agency said the typhoon destroyed 25 huts in Doilo province on the island of Panay but there were no reports of deaths.
    UPI  -  51 words
  • 68 16 WALL STREET stock prices were higher in early trading yesterday on moderately heavy volume. The Dow Jones Industrial Average rose nearly two points to under 1219. Overall, gainers were slightly ahead of losers. Volume was about eight million Paine Webber rose IVi to 31 s and EF
    68 words
  • 224 16 THE SECOND day of the court bearing on Broadview Commodities case saw Lee Kwong Fai on the witness stand, admitting to have received $860,000 as his share of the secret profits from the company while he was one of its directors. Mr Lee
    224 words
  • 396 16  -  By CHUANG PECK MING TO SURVIVE, states such as Singapore must build up their internal strength, manage their relations with others wisely and be prepared to fight aggressors with a viable army, said newly-appointed Political Secretary (Defence), Brigadier-General Lee Hsien Loong, at a luncheon
    396 words
  • LATE FILE
    • 49 16 Reuter ALTHOUGH most public opinion polls predict a landslide Reagan election win, a new survey by pollster Louis Harris shows a last-minute surge by Democratic candidate Walter Mondale, cutting Mr Reagan's lead to 12 per cent from 16 per cent last week. Reuter
      Reuter  -  49 words
    • 27 16 AP LEBANON and Israel have rescheduled their troop withdrawal talks under UN auspices for Thursday, the Voice of Lebanon radio station reported yesterday.
      AP  -  27 words
    • 44 16 UPI BRITISH armed forces commander Field Marshal Sir Edwin Bramall yesterday said, after meeting Indonesian President Suharto in Jakarta, that Britain was prepared to help Indonesia and the other Asean countries in the fields of military training and technology.
      UPI  -  44 words
    • 45 16 Reuter SRI LANKA's health services were disrupted yesterday when hundreds of doctors, defying a government ban, went on strike to protest against what they said was the government's failure to take action against a policeman accused of assaulting a doctor. Reuter
      Reuter  -  45 words
    • 39 16 Reuter HONGKONG is urgently considering taking to the Textiles Surveillance Body (TAB) in Geneva the three cases where US Customs recently held up shipments of Hongkong-made sweaters, Director of Trade Hamish MacLeod said yesterday.
      Reuter  -  39 words
    • 30 16 AP FIFTEEN culinary experts from seven Asian and European countries will hold a "gastronomical summit" in Bangkok next month, an organising committee member said yesterday. AP
      AP  -  30 words
    • 40 16 AFP SWEDEN has recorded a major decline in interest in men's magazines. The rise of video-cassette pornography has sent the combined circulation of its top three men's magazines tumbling to about one-third their former totals. AFP
      AFP  -  40 words
  • Page 16 Advertisements
    • 184 16 Bong bowls thorn ovor Pago 9 C cill Britannia tor free invitation to investment seminar The Chartered Bank Building, it 6 Battery Road, #14-08, II Singapore 0104. Telephone: *****86. AMBASSADOR The latest range oi shredders from fiDRDiCSCaZ^rPK] In business, paper indiscretions can destroy you. New product details, expension plans: what
      184 words
    • 412 16 Asian-Pacific Tax and Investment Research Centre Singapore presents 2nd Asian Pacific Tax Conference 4-6 December 1984 Hyett Regency Singepore TAXATION AND THE TWO-WAY FLOW OF INVESTMENT BETWEEN ASIAN PACIFIC CODNTRIES AND THE DEVELOPED WORLD To What Extant Are Foreign Investment Decisions Ultimately Based on Tax Considerations Alun G. Davies, C.B.C.
      412 words
    • 3 16 Sm Pag* 6
      3 words
  • Page 16 Miscellaneous
    • 54 16 wMsm Outlook for todoy: Showers in several oreos in the afternoon Report for 24 hours prior to 7 30pm on Nov 5 at the airport: Maximum temperature 31.0 Associated humidity 67 Minimum temperature 24.2 Associated humidity 98 Hours of sunshine 5.10 Rainfall in millimetres 2.6 Roinfoll this month 10.2 Rainy
      54 words

  • SHIPPING TIMES
    • 368 17 -BANKRUPT US liner operator Seawinds may sue the big European shipowner Nedlloyd for taking action which, it is claimed, forced the San Francisco company out of business. Mr Bengt Henriksen, Seawinds's managing director, said last week that the company was considering legal action and stressed that
      368 words
    • 441 17  -  By G DURAIRAJ A GROUP of Malaysian shipowners and operators plan to appeal <to the Minister of Finance over what they call an oversight in his recent 1965 budget proposals not to grant them tax-exemption incentives. Most of them are in specialised shipping services,
      441 words
    • 572 17 ■hipping Uw Nr C4 WilMliHUw Nr C4 Afeo Ahrankial Lmar Afrholront Afcoc APC Una APL ASCL Auabrokar Autrauo Una Balt-Onaar Bangkok Cont Bank Una BBS Ban Una Bkia Star Burma Fiva Star Camaroon Shpg CCUna CCM Cayton Shpg Chargaurs Raunas Chargaurs Hovroisa Chno Nov CNno Ocaan Cnon
      572 words
    • PORT SIDES
      • 99 17 TWO DOCK strikes in Britain so far this year have together cost a mutual insurer nearly U*****,000 in claims more than it paid for the whole of last year's losses. Transmarine Mutual Strike Assurance Association said the second strike had produced 17 claims as a result of delays
        99 words
      • 97 17 PORT Of Gothenburg Consultancy AB, an affiliate company of the Swedish port, will be offering consultancy services to Mexico. The agreement will begin with Lazaro Cardenas on the west coast of Mexico. The Swedish port will provide Mexico advice on port administration, operations, besides conducting courses for the
        97 words
    • 1144 18 PSA News PASIR PANJANG Wharves celebrates its 10th anniversary this month, after a decade of growth marked by steady increases in both cargo throughput and the number of vessel calls. Since operations in 1974, the volume of cargo handled at Pasir Panjang has risen
      PSA News  -  1,144 words
    • 1546 18 THE freight market was generally subdued following the holiday in some European countries on Friday. Fresh grain fixing was done from US Gulf to Antwerp/ Rotterdam/ Amsterdam with 55,000 long tons at a steady $9.75 while 19.50 was paid to a vessel with 57,000 long tons grain for
      1,546 words
    • 215 18 THE Dalniy Vast ok has been extensively converted by Keppel Shipyard from a whaling ship to a fish factory. It was the second of two ships converted by Keppel at a cost of $114 million. The conversion of a sister-ship, the Vladivostok, was
      215 words
    • 189 18 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits/ Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      189 words
    • 190 19 Cargonews Asia THE X-TEN Corporation of San Francisco has developed a telescoping container chassis. It has delivered six units to Barber Blue Sea and two units to Florida-based Tropical Shipping, a division of Birdsall, for testing. Both companies will operate the units for 90 days in
      Cargonews Asia  -  190 words
    • 513 19 Lloyd's List FURTHER increases in dues for the Suez Canal are not justified" and will be "self-defeating" with more liquid bulks being switched to pipelines, a leading maritime consultant warns. London-based Lev Sychrava associates says it is preparing a new report on
      Lloyd's List  -  513 words
    • 304 19  -  By KINGSLEY WOOD AFTER four years on the job. Queen's Counsel Frank Costigan has handed to the Australian government the final 11-volume report of his royal commission into the activities of the Federated Ship Painters and Dockers Union. Spreading out
      304 words
    • 282 19 A PETROCHEMICAL tanker battered by three explosions broke apart after stormy weather on Saturday and the stem section sank, leaking much of its more than 3.8 million litres of oil, the US Coast Guard said. The bow remained afloat and was under tow,
      282 words
    • 730 20 Nov 4-6 Offshore Support Vessel Conference, St John's, Newfoundland. Newfoundland Ocean Industries Association. Nov 5-6 "Singapore '84," the first international heavy lift transportation conference and exhibition, Shangri-La Hotel, Singapore. Nov 5-7 European Transport Maintenance Council second annual conference, Barcelona. Nov 6-9 Bth international tug convetion and exhibition, Hyatt
      730 words
    • 6415 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.
      6,415 words
    • 708 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule 1 Location Siri Bhum 193N 06 11 84 2300 S'pore Shp TA 3 1000-1100 Jl L Seedevi 28W 07.11 84 0700 NAPL TA 3 0900-1030/1800-1900 L7
      708 words
    • 1804 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S) Afra-Earaaia Liae Transgroup (St tkreaklel Liner Servlee Kim Shpg <S) Alfred C Taepler Ooeanus Shipping Agen cies(S) Marintex Enterprise (PK) Alpae Inirasea (S> Bintang Shpg (KL) Island Cargo Handling
      1,804 words
    • 543 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Kim Soon Li 22 Thong Soon alongside 06.11.84/0700 Lin Hai 3 15/6 Slnshpg alongside 06.11.84/1500 See Hai Hong 45A K H Huat alongside 06.11.84/0600 Straits Pride 21W SSPL alongside 06.11.84/0600 Da Xing 13/4 Yick Fong 06.11.84/1000 13.11.84/2300
      543 words
    • 337 26 AFP DESPITE the long-awaited agreement among members of the Organisation of Petroleum Exporting Countries (Opec) to cut production to firm oil prices, activity in the key Gulf states loading area remained at a low ebb on the tanker market last week. The Saudi Arabian government was reported to
      AFP  -  337 words
  • Page 17 Advertisements
    • 379 17 Foreign Exciwng® Dealing* tykv.Tr> B CH€ A Pubkshmd by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tri: *****44 A m«mMi Of the times organisation SS6 50 Each FULLY CONTAINERISED SERVICE is RRDQ WII II Man 27N Ml MDS 23M I OMNIM. CKF 42W Calling Bremerha»en after
      379 words
    • 400 17 mm CONSORTIA II LONDON Freights 11/11 l SHIPPING Events IV SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X REGIONAL Weether X sjiUASC UNITED ARAB SHIPPING CO (SAG) SEAIOHD SHIPPING AGENCIES /O Shenton CM 07C Moutr Singepo'e Tel ?2P<wi»l I No »S JS4 t<»
      400 words
    • 953 17 liijiiMcf.' I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd TEL: *****3 MAERSK LINE im >pi ii\ i i."TT-,rTAi 1 Mill fit] 2/12 9/12 10/12 23/12 30/12 0/1 >/it 20/11 27/11 4/12 11/12 11/12 20/12 27/12
      953 words

  • Page 18 Advertisements
    • 209 18 FAR EAST/EUROPE CONTAINER SERVICE To Europe From Europe Mm ftr 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. I Havre. Basle UK. 3) Bremen. Bremertiaven. Aarhus. Copenhagen. Helsinki 4) Malmo Stockholm Oslo *AcceptM| Europe carp tor feeder via S pore 'Also direct cargo tor Spore i Bangkok Pis contact PEMRSC P Keiang
      209 words
    • 354 18 ITS. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES *71 X A zssz MM USA/CANADA MIDDLE EAST •■ft TRANS SIBERIAN SFPVICt ■*«< JL MM 21/11 a/11 a 22/11 21/11 7/U 14/12 KS 12/11 It/11 2S/11 5/12 14/11 21/11 39/11 7/12 I* 19/11 2C/U 5/12 11/12 n sw 9/u 11/U 29/11 PNG SO 11/U
      354 words

  • Page 19 Advertisements
    • 1103 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok MANSFIELD CONTAINER SHIPPING PTE LTD Overseas Containers Limited CONTAHERSWP SERVICE TO/FROM BANGKOK HOHEHOHG nr«US CMKM BAT KMIKR FRAMFURT EBWSS MMIOON CUT HAOBUOt fWIfSS Mf MMtl HMWN TOMO (miss CMOCMMT Aho acceptinc Hamburg la Rotterdam lo Bremenharen
      1,103 words
    • 361 19 Franco Belgian Services cs wv* Bt A'ur »n*j y*r++ (MEMBER OF ACE CONSORTIUM! CHARGFURS HAVRAISE MEDEX I IMF (MED CLUB MEMBER) n.y.r A:; 1 i. r CHARGEURS REUNIS SEMI CUNTAINEHISEO SERVICE TO AE ST AFRICA Optorg Shipping Pte. Ltd Port K»l»ng )|T|)Ol/J Patalmg Jay* *****3 5756C3 P«n»ng ***** j,ELMA l
      361 words

  • Page 20 Advertisements
    • 461 20 K.&.line FULLY CONTAINERISED SER VICE TO FUKOPt VIA SUEZ J Mfmbe- ot the Ac t ConvxtMn S'pwt PXdanc Ittewt r<M Fitww trwi HONGKONG CONTAMER42* 10/11 11/11 29/11 30/11 2/12 4/12 7/12 anu PAU. «2W 19/11 20/11 9/12 11/12 13/12 15/12 1»/12 CMNA CONIAKR 2t« 24/11 25/11 13/12 14/12 16/12 U/12
      461 words
    • 286 20 INDIA/BANGLADESH SERVICE THONG SOON AGENCIES PTE. LTD. "09-07 ROBINA HOUSE S PORE 0106 TEL *****88 TELEX RS ***** BOOKING 22 1 4256 (DIRECT LINE) SINGAPORE TO PENAN6 KM SOON U. EQUATOR 1V... EQUATOR ETD KSTHATKM 12 Nov Penang 19 Nov Penang SIN6APORE TO KUCHIN6 hi Port 9 No* Kuchmg 13
      286 words
    • 380 20 1 Hapag-Lloyd EXPORTS TO CONTINENT/UK FROM N CONTINENT UK Bay M ouka Bay sm I FROM USA/CANADA S *»t l«M( Tetai 11/11 13/10 10/ II E*m> t/ll| U/U 14/11 lS«m 1/1# CHt>ln 15/11 >*/ll 21/11 Niatpw It/II 21/11 23/11 Cardfcaa Bit 11/11 11/11 M/» Smgapore £S Agents SEGANI *****16 K.
      380 words
    • 932 20 EVERGREEN Full Container Service I Round-The-World East Bound Service (FE/C ARIB/USEC/EURO/W.MED./FE) O SGP iC KS6 KLfi PUS OSK TTO KSN CHS NYC BAL MS FU ROM AMR UW *C SEP EVER EMNT 15/11 It/11 a/U 21/11 2C/11 27/11 M/ll 11/12 21/12 M/ 12 21/12 7/1 9/1 li/1 11/1 12/1 17/1
      932 words
    • 273 20 Msinose MARITIME PTE LTD f!)(l ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES loadtog tor B. Abb«. B PORT KEIANG PfNANG SMOSE MAJiITM PTC LTD TEL ******4/7 t *****70 IMIOSf MARITRK SON BHD Td, *****2/3 MALAYSIA TRADE I TRANSPORT LTD TH 67»3 A ***** KYOWA LINE TO PAPUA NEW GUINEA/
      273 words

  • Page 21 Advertisements
    • 1005 21 PIL GROUP VESSCL KOTA MUTIARA KOTA PCTANI KOTA WUAVA KOTA BCJATI KOTA AOUNO KOTA SCQAR KOTA ABAOI VOYAGE CP/46/84 E-52S E-531 E-533 E-535 E-537 E-539 EAST AFRICA/REDSEA SERVICES SWKIAPORE LOAOtNO FOR: •-11/11 REUNION, ADEN 12-15/11 MOGADISCIO, MOMBASA, O'SALAAM. BEIRA 13-16/11 HOOCIOAH, JEOOAM, PT SUOAN, MUKALLA 13-16/11 HOOCIOAH, AOABA. PT SUOAN.
      1,005 words
    • 860 21 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE luroh MAM B HAWN SaM SaM SMrd SIM SM SaM i Sa*<j SaM J/11 VII 5/11 7/11 11/11 12/11 11/11 70/11 73/11 TV 11 R DAM HAWtt S*rd SaM Salt* SaM SaM SaM SjieO 1/U t/U 1/11 1/11 11/U 13/11 15/11 71/11
      860 words
    • 631 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S'oore Service Fufl Container Vessel. Buuk Takotuvu Mb* Honf»onfS porr 1| Prat <*») M4MP4MI Vl4 IC »1# 3010 3/11 i/ll 11/H 12/U GOWMM4W IVII 17/11 22/11 2J/11 21/11 2J/11 MMAPAMT «15 24/11 21/11 3/12 4/12 J/12 1112 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE Sport
      631 words
    • 388 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STAR SHIPPING CORPORATION Loadmf for Rangoon S pore P Kelong ln/Pt/6 Nov 7/8 Nov 8/9 Nov 16/20 Nov Penong BANK LINE EXPRESS MDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG IVYBANK 13 Nov 7 Dec 11 Dec 9 Dec CLYDEBANK g 2 Jon 10
      388 words

  • Page 22 Advertisements
    • 1260 22 V*\ RISEN KAISHA, LTD. 1 ECUADOft/PERU/CHIIE ffEDER MOTt€R VSI PWG kansai noKn v» sc« eiporter wis 3 no. PNG S No SPORE KOBE GUAYAQUI 7 No. 2«Nn 25Dk CALLAO 31 Dk ARK A IQUQUE ATAGASTA SANTONR) VAIPARAISO ibn 7 ton I ten 13 CENTRAL AMERICA /CARIBBEAN SEA FEEKR/VSI MOTXD VSI
      1,260 words
    • 601 22 £J <3 if S&r CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE tar lOS ANGLES SAN FRANCISCO HATUE tACOAAA VANCOUVER BC Acccptaf fCI 'fCI CantjMii P >(Uo| S«tapo <» I •mmtewv mnm 15/11 N* i?OK AUSTRALIA EXPRESS CONTAINER SERVICE Acctptnf fa fa Cwtwrn VWNA *N IARDAS KMNMS' KSMI Ml Mit»( S>*rt
      601 words
    • 524 22 SANKO ASIA FROM JAPANESE FOOTS AHO KONOKOUC general survey for (i) GREAT MOUNT be hetd on SU M RAM HMOR be hrid m 10.11.M NO FURTWR SURVEY WLL BE KlO GOLDEN LINE CVAN «MNSMPPMC(PTI)IIt m >•*( l«f Pmna la* Mfc| M C«c< Skwt saurat ei*4 T«t mini no ian> t*
      524 words
    • 338 22 INTRASEA (PTE) LTD. 10 Anson Ro.ld "27 16 Inlefnation^ 1 P .</>< Singapore 0207 Tel *****11 HO Lmesl o BREAKBULK SERVICE TO EUROPE/UK S parc P Rctan( Iwdaif tarBUNGA KENANGA 88M913 9/11 NOTT/AMT/IJI (AWN) ALEXANDRIA *****14 11/11 SETE/NOTT ANT/U.N (AVON) PS SEAWOOD SHIPPING CORPORATION S pore P KeUng Lo*dn( tar
      338 words

  • Page 23 Advertisements
    • 699 23 I.NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): HK CONTAINER 42* C PAIL 42W C CONTAINER 25N... C ROZE 41N MAETERLINCK 4*l. FROM EUROPE (VIA SUEZ) Havre C ROZE 40€ Sailed N CRYSTAL 26E Sailed MAETERLINCK 3E K CHANCE 19E Sailed SS BRDGE 47E 8/11 K JACEJW 26E 15/11
      699 words
    • 512 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO WCHOH BUS*N Ml n/11 i/« is/1? »/U 14/11 iJ/ii n/u M/ll 4/12 VI? II 1? 13/12 11/12 77 17 n l? P'»t f*PTtINf AGfNCIt S Pll 110 !H *****7? ?/854!4 Bnotmts* /777M0 ??1?07? .OpefjlmnM ????48? ??09?84 <!*<nwuh ??0?4S0 .'?0?S04 iCfSi Mil
      512 words
    • 642 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUIDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SWSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** PENANG MESSRS HAI THONG SMPPK 23 WeW Quay Pew* Cables IAYAPOH PENANG Tel ***** ***** Trfei MA 4004J K
      642 words
    • 63 23 ahrenkiel liner service (H.K.) LTD DURBAN JOHANNESBURG MAPUTO MAI IRITIUS A RFIJNION WESTBOUND SHENG TAI LINE RE6ULAK LIMEB SERVICE TAIWAN-STRAITS-TAIWAN 4 MO KEE S PORE P KELANG iHT FORMOSA 24/10 26/10 7/11 9/11 IS M 12/10 14/10 10/11 12/11 16/10 19/10 15/11 17/11 U6LE CORPORATION (PTE) LTD T* *****88 (4
      63 words

  • Page 24 Advertisements
    • 569 24 ICcyional Container Lint's |j niriuiii.il 3 Sailings Weekly I |j Reliable Regular Punctual Berthing P.S.A. 1500 Hr®. Tue«, Thurs Sat HINODE KISEN CO. LTD I LTRA UKW I.IFT \KKIKH SINGAPORE ISLANDS LINE S pore Loadng fer 15/11 Nov Ft. Low. Re Tamatave. Madajascar DSR-UN VEB DEUTFRACHT/SEEREEDEREI ROSTQCK FULL CONTAINER SERVICE
      569 words
    • 26 24 a FARGO SHIPPmC COm*MY(PTE )LTD EXPRESS CONTAINER SERVICF SINGAPORE/BANGKOK EVERY 2 DAYS 7B Keppel Road 17-07 Tan|ong Pagar Comple» Singapore 0208 Tel *****77 *****88 A *****52
      26 words

  • Page 25 Advertisements
    • 34 25 Um&fm Cranito liiciM M/V ARMAGNAC VIOLS 4 Sailed M/V ARTOIS VIILS4 18/11 M/V ANJOU VH.SS 18/12 LICOIINIi A CWTTAGONG HALCHA(CALCUTTA) AGENTS SALKW SMTTIIIG PT£LTD H£ SALES/BOOK MGS TO. *****11 (I UK) BOMBAY I KARACHI
      34 words
    • 221 25 Scan Dutch To Europe (Med UK/NC/Scan) Anon SM Anson 8/U Anson 15/11 Anson 22/11 Anson 29/11 Anson 6/12 P. KELANG B Butane SM B Kemunmg 9/11 B Butane 16/11 6 Kemumnj 23/11 B Butane 30/11 B Kemumng 7/12 To Red Sea/ Mediterranean Anson SM Anson 6/12 B Butane SM BKemumne
      221 words

  • Page 26 Advertisements
    • 359 26 MOL Pbn topon.pieptUD Mitsui OS K. Lines. isjpte ltd i A -a. j CONVENTIONAL/SEMI-CONTAINER EAST AFRICA CONTINENTAL PARTNER 7 Nov Mombasa, Daressalaam, S AFRICA'S —kNO^J NEDLLOYD MOJI GLORIA PEAK WEST AFRICA NEDLLOYD MANILA Tamatave 16 Nov Mombasa, Daressalaam 27 Nov Port Louis, Reunion NEDLLOYD MANILA 12 Nov Monrovia, Abidjan. Apapa,
      359 words
  • Page 26 Miscellaneous
    • 170 26 'I a Regional Weather f m V. fr I 11N .Viv 1 X <& t i*\ i ft*. :r<» 25 *e. w v«!i < Is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND R Thunderstorm Temperature c X\ Shower Weather Wind direction with speed in knots Rain
      170 words