The Business Times, 20 November 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, NOVEMBER 2f, 1984 60 CENTS
    12 words
  • 567 1  -  Dispute caused by letter on 'free negotiability' of fees By SOH TIANG KENG, Banking Correspondent A NEW SQUABBLE has erupted between bankers and money brokers, with the bankers accusing the latter of "breach of contract" on the issue of brokerage fees. The head of treasury
    567 words
  • 415 1 EMPLOYERS and union chiefs have been called upon to set up dialogue committees to promote labour-management co-opera-tion on an industry basis. At the opening of the Japan/ Singapore Industrial Relations seminar at Hotel Otani yesterday, Labour Minister S Jayakumar said employers and union officials
    415 words
  • 221 1 Bernama THE EUROPEAN Economic Community (EEC) has agreed in principle to dismantle protectionist policies adopted by its members to enhance trade with the Asean region. Malaysian Foreign Minister Tengku Ahmad Rithauddeen said yesterday that although the EEC would take steps to liberalise
    Bernama  -  221 words
  • 247 1 THE KUOK family is taking part in the construction of a $590-million joint venture project in China which is said to be bigger than Raffles City or Marina Square. The agreement to build a world trade centre, a huge commercial
    247 words
  • Article, Illustration
    79 1 POOR SENTIMENT eantlnned to ptagM the Singapore stock market yesterday as share prices tumbled across the heard. Sellers were sat la fall tore* upon learning sf the 18.Sfrtit fall sf the Dew Janes industrial Average last Friday. The weekend statement made hy Dr Toay Tan that Singapore could
    79 words
  • 480 1  -  By LEE HAN SHIH EFFORTS to develop a biotechnology industry in Singapore are hindered by the vicious circle of not having enough scientific manpower to attract foreign investors and not enough biotechnology companies to train the people. But the circle should be broken in the next
    480 words
  • 555 1  -  By CHUANG PECK MING YOUNGER MINISTERS will face immense pressure from Singaporeans to compromise on the six vital principles of government, Prime Minister Lee Kuan Yew said. But they must never give in to them. "You cannot ever let
    555 words
  • Page 1 Advertisements
    • 50 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Nikon F3P Nikon F3T Nikon F3HP Nikon F3 Nikon FA Nikon FE2 Nikon FM2 Nikon FC Nikon FC2O Nikon EM Nikon LI3SAF Nikon L3SAF Nikon L3SAD Nikon (^Nikon) The world s finest photographic system Nikonos V SHKIKO MOO W. MtOtcna") Ansa '•> *****00 M
      50 words
    • 272 1 anßacDa SHARE INFORMATION RAW MATERIALS AIRCRAFT A PIECE OF freehold land, with planning approval for three blocks of four-storey condominiums, is being offered on the market for about $3 million by developers Sin Thai Hin Trading Pte Ltd. Pag«2 ISLAMIC COUNTRIES, striving to reduce their dependence on the developed West,
      272 words
    • 42 1 Full report, Pm« 13 Asian stocks, Pago 11 International stocks, Paga 10 "What does KLM mean in English?" "Reliabilityin any language." > afepp *W' -2 fT -V -'-w to < W -x. KLM First in the air. The Reliable Airline KLM Royal Dutch Airlines
      42 words
    • 6 1 Ikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM
      6 words

  • HOME NEWS
    • 477 2  -  By LISA LEE A PIECE OF freehold land, with planning approval for condominiums, is being offered on the market for about $3 million. Developers Sin Thai Hin Trading Pte Ltd said they have received many inquiries for the 5,008 sq metre plot and
      477 words
    • 74 2 A SEMINAR on uniform customs and practice (UCP) for documentary credits will be held next week by Banque Indosuez Singapore. Organised for its clients and its staff and branch offices, the seminar will discuss the new UCP 400 procedures introduced last
      74 words
    • 246 2 THE EIGHTH Motor Vehicle Inspection course will start on Jan 7 next year. Since the launching of the first Motor Vehicle Inspection course in July 1981, the Vocational and Industrial Training Board has conducted seven such courses and 745 persons have successfully completed the course. The
      246 words
    • 282 2 THE Singapore Manufacturers Association's executive committee has given the thumbs up to a major proposal to improve its image and increase its influence. In a meeting last week, executive committee members agreed that members sitting on this key committee were to be of senior
      282 words
    • 344 2 A TOTAL of $3 million worth of contracts was awarded by the Housing and Development Board (HDB) and the National University of Singapore (NUS) recently. The 10 contracts were awarded for jobs such as electrical installation, repairs and redecoration to buildings, and construction
      344 words
    • 139 2 PROFESSOR Lim Cheng-Yak, president of the Economic Society of Singapore and head of the Department of Economics and Statistics at the National University of Singapore, was elected president of the Federation of Asean Economic Associations (FAEA) for the year 1984-85 during the recent FAEA meeting in Kuala
      139 words
    • 132 2 THE Public Works Department has completed a $950,000 MRT Engineering Laboratory in Stadium Road. It was handed over to the Mass Rapid Transit Corporation yesterday. The symmetrical structure is designed to be sympathetic in scale to the surrounding buildings. The dominant skylight feature and the
      132 words
    • 391 3  -  By JOANNE YAP LOCAL businessmen have been urged to consider seriously exporting to Canada, a market which they have yet to tap. This call was made by the Minister of State for Trade and Industry, Dr Wong Kwei Cheong, and the Canadian High Commissioner, Mr
      391 words
    • 94 3 ABOUT 95 per cent of the equipment and machine tools belonging to National Engineering Services (NES) were sold for $700,000 at a three-day auction which ended last Saturday. The unsold items will be sold by private negotiation next week. Mr Victor Wee, managing director of
      94 words
    • 291 3 SINGAPORE'S trade increased 14 times in the last 23 years, from a mere $7.5 billion in 1960 to $105.6 billion last year. The latest edition of Tradespur, a Trade Development Board publication, noted that many changes in the country's pattern of trade followed the
      291 words
    • 288 3 THE BROADVIEW trial continued yesterday with accounts clerk Rosalind Lee Kim Lian recounting events after the arrest of Miss Sylvia Leung Yuk Yu of Hongkong for forging a telex message. Miss Lee, a clerk with the Broadview Commodities, said the company stopped trading with
      288 words
    • 329 3 CALTEX, unlike some of its competitors, is resorting to good old lucky draws to boost its flagging petrol sales. It is having not just one, but six lucky draws, with prizes worth $150,000. Among its top prizes are two Toyota cars
      329 words
    • 152 3 THE VOCATIONAL and Industrial Training Board's (VTTB) new scheme to provide short and intensive skills training is proving to be a success. Dr Law Seng Soon, VlTtJ's director, said the Modular Skills Training (Most) Scheme was introduced in July this year to overcome problems
      152 words
    • 158 3 THE CONSTRUCTION industry has not kept pace with the other sectors in raising its productivity and there is still much room for improvement. Senior Parliamentary Secretary (National Development), Mr Lee Yiok Seng, said last night that the increase in construction output in recent years
      158 words
    • 416 3  -  By ANNA TEO GERMAN, FRENCH AND British musical instrument makers are sounding out their horns and strings in the Far East markets. The first European Music Fair to be staged outside Europe gets underway today with a three-day show at the Hyatt Regency Hotel.
      416 words
    • 154 3 THE NEW $16 million YMCA complex in Orchard Road will be officially opened on Nov 24 by Mr E W Barker, Minister fewLaw. Among the facilities in the eight-storey building are two squash courts, a roof-top swimming pool, a multi-purpose auditorium, classrooms, a chapel
      154 words
  • Page 2 Advertisements
    • 146 2 8 i.,,. WsfimLW/'tfMt m u Ji sapr r v .n V*-. "X* .*v i" I;X aMt N -.4 i>v. i 4 < k r V •:>? mk Whenjrequent travellers eat in, it is race to have room to eat in. 'Wov, sir. if youd like to stand over by the
      146 words

  • Page 3 Advertisements
    • 326 3 IIIANGKIE CO»IPLEX Take Advantage Of Our Attractive Leasing Terms And Wide Range of Industrial Facilities. por enQ uirieS caWourte^s 109 agerfcaj--336 4f r T mr*T nrm Hi »^r k < If' 235. CSS CP* Weighbridge Iff Avery Weighbridge 12 m x 3 m in size equipped with 4 fully electronic
      326 words

  • OVERSEAS
    • 533 4 President said to be suffering from kidney disease UPI, AP A FORMER Philippines information minister, quoting presidential sources, said President Ferdinand Marcos underwent a "major operation" last week. Mr Francisco Tatad, who resigned from the Marcos government in 1980, wrote in a
      UPI,; AP  -  533 words
    • 225 4 AFP, AP THE INDIAN government announced that it would create an international peace prize in the name of assassinated prime minister Indira Gandhi on the eve of a massive rally to mark the former leader's birthday. Mrs Gandhi's son Rajiv, the new premier, in
      AFP,; AP  -  225 words
    • 259 4 Agencies THE MANUFACTURER of Mars is withdrawing the candy bars from sale in Britain after the Animal Liberation Front (ALF) announced it had injected poison into some of the bars. The confectioner announced it was arranging for the popular bars to be
      Agencies  -  259 words
    • 239 4 CHINESE Foreign Minister Wu Xequian has indicated that the solution to the problem of Hongkong could be a model for that of the nearby Portugueseadministered enclave of Macao, the Noticias de Portugal news agency reported. The foreign minister, accompanying Chinese President Li Xiannan
      239 words
    • 317 4 UPI FRENCH Defence Minister Charles Hernu has flown to Ndjamena for consultations on the continued Libyan presence in Chad after France ordered the resumptioh of reconnaissance flights over the Central African country. A brief defence ministry statement issued yesterday said
      UPI  -  317 words
    • 247 4 UPI A TEAM of US experts has been called into Australia to advise medical authorities as the Aids crisis deepens and the desperate search for contaminated blood continues. At least 18 people in Australia have now had transfusions with contaminated blood
      UPI  -  247 words
    • 110 4 Reuter THE SOVIET UNION and North Korea have ended talks on border questions in complete agreement. The North Korean Central News Agency yesterday said: "The two sides reached a complete consensus on all questions taken up. Both sides expressed satisfaction over the successful conclusion of the talks
      Reuter  -  110 words
    • 91 4 AP TAIWAN captured 12 awards, including best film, in the 21st Golden Horse Film Awards, regarded as the Academy Awards for Chinese films outside China. Hongkong won the other five awards, including best director and best actor. The best film award went to "Old
      AP  -  91 words
    • 283 4 AP A SURVEY shows that 69 per cent of West Germans have a negative opinion of the major political parties in the wake of the Flick payoffs scandal. In the poll of 2,100 voting-age West Germans in 377 localities this month by the Wickert Institute
      AP  -  283 words
    • 234 4 AP BRITISH diplomats have asked to meet two Britons arrested in an alleged Libyan plot to kill an opponent of Muammar Gadaffi, an embassy spokesman in Cairo said yesterday. "We have asked for consular access to them but as of this
      AP  -  234 words
    • 133 4 AP INDONESIAN President Suharto said yesterday that although Indonesia still needs foreign assistance, it must make sure the nation is able to repay its loans. Mr Suharto made the statement in a meeting with Mr William H Draper HI, president and chairman of
      AP  -  133 words
    • 792 4 ARRIVALS Operator Service number Local time From PAA PA5 0155 JFK/SFO/HKG cv CV796 0315 LUX/DBX MAS MH60I 0720 KUL MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN RBA BI42I 1000 BWN SIA SQ103 1005 KUL CPA CX710 1030 HLP
      792 words
    • 631 6 ICO striving to reduce dependence on West Reuter ISLAMIC COUNTRIES, striving to reduce their dependence on the developed West, have agreed to try to increase the amount of trade among themselves and work towards the establishment of their own common market. They hope to
      Reuter  -  631 words
    • 178 6 Reuter JACQUES CHIRAC has brought fresh blood into the Gaullist Party machine before elections in 1986 which he hopes will make him once again France's prime minister. At the close of a two-day congress in Grenoble, Mr Chirac named Jacques Toubon,
      Reuter  -  178 words
    • 623 6 Reuter WEST GERMAN corporate profits recovered strongly last year but the return on sales is still below levels of the early *****. The Bundesbank said in its monthly report that a study of 20,000 1983 balance sheets showed pre-tax earnings rising 15 per cent
      Reuter  -  623 words
    • 209 6 Reuter VIETNAMESE troops seized parts of a Cambodian guerilla base near the Thai border, forcing thousands of civilians to flee on the second day of a big offensive. Thai military officials said in Bangkok that about 3,000 Vietnamese soldiers had moved into parts
      Reuter  -  209 words
    • 207 6 Bernama THE MALAYSIAN government and the private sector must evolve a more effective partnership for the successful development of biotechnology in the country, Penang's Chief Minister Dr Lim Chong Eu said. More importantly, interaction must be stepped up among the public and
      Bernama  -  207 words
    • 608 6 Bernama MALAYSIAN Deputy Prime Minister Datuk Musa Hitam has told American businessmen that Malaysia is about to make the breakthrough towards the creation of an industrial society. He said the government would do its utmost to ensure that Malaysia join the
      Bernama  -  608 words
    • WORLD IN BRIEF
      • 55 6 THOUSANDS of people are ill from famine-related diseases following a drought that has killed more than 230 people in a remote area of Indonesia. A government spokesman said yesterday eight villages in Irian Jaya had been severely hit by the drought that began in August and said
        55 words
      • 53 6 MITSUBISHI Bank and Daiwa Bank have announced that all their nationwide computer links, except those with a few Tokyo branches, have been restored after an underground fire in Tokyo last Friday burnt telecommunications cables. The fire severed links between the two banks' computer centres and their branches
        53 words
      • 53 6 JAPANESE Foreign Minister Shintaro Abe arrived in Ethiopia on Sunday for a three-day visit to see how his country's aid is being used to help alleviate famine. Mr Abe was met at the airport by the Ethiopian Foreign Minister and the deputy commissioner of the government's relief
        53 words
      • 52 6 CHINA'S creaking, overburdened telephone system would work much better if people stopped chattering on it, the Chinese press has complained. With one telephone for every 200 people in the world's most populous country, the system is plagued by long waits, constant busy signals, echoes, noisy lines, disconnections
        52 words
      • 40 6 THE NEGERI Sembilan state government and a bumiputra businessman will jointly set up a luxurious beach resort in Port Dickson called the Kemuning Beach Resort. The MJ4O million project is situated at the 6th km of Port Dickson.
        40 words
      • 55 6 THE SOLOMON Islands parliament yesterday elected opposition leader Sir Peter Keni- lorea as Prime Minister following inconclusive general elections. Sir Peter, leader of the United Party and Prime Minister from independence in 1978 until 1981, was sworn in after a secret ballot among the 37 Members of Parliament
        55 words
      • 42 6 Agencies MORE THAN 125 Chinese researchers are scheduled to leave Shanghai today on China's first major expedition to Antarctica, the China Daily newspaper said. They are expected to reach Antarctica around Dec 30 after a stopover in Tierra del Fuego, Argentina.
        Agencies  -  42 words
    • 340 6 NYT EVERY PUBLIC opinion poll shows that Prime Minister Yasuhiro Nakasone is popular, enjoying approval ratings as high as 58 per cent. However, in Japanese politics that does not mean much. Despite the widely held impression that he has been an effective national leader,
      NYT  -  340 words
    • 147 6 AP PROFITS are declining in China's state-run film industry because of a smaller audience and too many grade-B movies. The economic newspaper Jingji Ribao said in Beijing yesterday that cinemas last year took in US$lB.5 million less in receipts than
      AP  -  147 words
  • Page 4 Advertisements
    • 163 4 "Impressive in every way" Choice CBD site on Collyer Quay. Close to Raffles Place MRT Outstanding quality of design and in materials finishes Prominent identity. Cool, grey-green exterior Unobstructed sea views TUNG CENTRE Develope r Island Investment Agency Corpn Ltd (Incorporated in Hongkong) Tel: *****44 Tlx: R*****9 Vfr- Jones Lang
      163 words
    • 11 4 Pan Am. Direct toTokyo Every Friday At 10.40 am J J
      11 words

  • Page 5 Advertisements
    • 92 5 If you fly toLondon on Air Canada Business Class, you'll be one of twenty-four passengers, coddled and cossetted by three charming and exclusive cabin crew. get the some view, whichever class you fly. Same as First Class on other airlines. Wl AIR CANADA Intercontinental FLIGHTS FROM JANUARY 17TH, EVERY THURSDAY,
      92 words

  • Page 6 Advertisements
    • 80 6 Citibank Interest Rates I For individual accounts only. Take advantage NOW Shenton Way Branch T«x *****1 i One ShfUon Way »01 02 Robma House Singapore 010$ tour Parson to Person Bank Consumer Services Group Orchard Road Branch Tei vistas i 268 Or< nard Road »01 (JO Yen San Bu'dmq S«nqapore
      80 words
    • 430 6 Save your soles v f &7 i 1 V Scouting around for office space? Conserve your energy and leave it to the experts: Jones Lang Wootton. fte» Place/Shenton Way/ Robinson Road/Cecil The Arcade Asia Insurance Building Afro Asia Building Anson Centre Asia Chambers Bangkok Bank Building Bank of East Asia
      430 words

  • BANKING AND FINANCE
    • 799 7 SINGAPORE: The US doUar fell back against most major currencies in thin late trading yesterday after a firmer opening, but still closed higher on balance compared with New York's Friday close. The dollar eased to 2.9720 30 marks from 2.9625/35 in the morning, but still remained above New
      799 words
    • Article, Illustration
      313 7 Asian market ASIAN dollar deposit rates closed steady yesterday at opening levels in quiet afternoon trading. Periods were narrowly mixed at the outset and then were unchanged with one, three and six months closing at 9-9/16 9-7/16, 9-13/16 9-11/16 and 10-1/16 9-15/16 per cent respectively. Short-dates were little changed at
      313 words
    • 114 7 THE OVERNIGHT rate fell by 1/4-point from Friday to close at 7 per cent on the Singapore interbank money market yesterday. The one and two-month term rates fell by 3/16point each while threemonth maturities fell by 1/8-point. S$ interbank rates at 3pm yesterday Offer Bid Overnight 7 6
      114 words
    • 399 7 Reuter THE AMERICAN credit markets will be scrutinising a batch of economic data this week in a bid to determine just how accommodative Federal Reserve policy is likely to be for the rest of the year. At the moment, there
      Reuter  -  399 words
    • 240 7 Interbank rates at 3pm Currencies Nominal rel lee Smithsonian yHltfdty croeo parity change Locol dollari to on€ unit of currency US dolor 2 1500 2 1510 2.8196 -23 75 Sterling pound ***** ***** 7 3469 -63 36 Australian doMor 1 8481 1 8500 3 4286 -46 10 NZ
      240 words
    • 316 7 BA Futures Inc QUIET TRADING prevailed at Simex yesterday as traders were uncertain about the direction of interest rates. December Euedellar opened unchanged from Chicago's closing at 90.17 and traded within a narrow range before closing at the same level again. Short-term support for the December contract was at
      BA Futures Inc  -  316 words
    • 165 7 HONGKONG The metal closed slightly easier in quiet trading yesterday. It closed at U*****.50/90 an ounce compared with the $344.00/ 50 finish here on Saturday and the 343.50/344.00 close in New York last Friday. Local gold closed HK$3 lower at $3,207 a tael. The krugerrand was unchanged at $2,780
      165 words
    • 411 7  -  By SOH TIANG KENG, Banking Correspondent THE ASIAN dollar market continues to surge ahead, with its total market assets reaching US$127.7 billion in September this year. The September jump of $2.61 billion was the fifth straight month of increase in assets, providing further evidence
      411 words
    • 418 7 NYT AMERICAN federal regulators are striking out in new directions to arrest unsound tendencies in the banking system. But their moves are raising a host of questions, and some bankers and analysts fear they might further erode confidence in the banking'system. The regulators
      NYT  -  418 words
    • 148 7 Reuter LEADING South African banks have announced cuts in their prime lending rates, three months after raising them to record levels in response to a government austerity programme. Barclays cut the prime, charged to the most creditworthy customers, from 25 to 23
      Reuter  -  148 words
  • Page 7 Advertisements
    • 59 7 □lETHELM Furniture that has no equal 190 Qemenceau Aveoue #04 02 Singapore Shopping Centre SnoaDore 0923 Household furmture 336 2006 Ofcce furniture 336 2005 I TO LEASE/SALE I LUXURIOUS BUNGALOWS CHATSWORTH VICINITY centralised nircon. swimming pool Built-in 580 sq m (approx) Rental $13 000 to 515.000 pm Sale price: on
      59 words
    • 328 7 Chubb reveal of a real fire. The new Chubb 3406 One-hour Fire Protection File has an amazing history few brands can boast of. (Not even those that are supposed to be Two-hour Files). Before it was given the green light for production, the Chubb 3406 was put through the worst
      328 words

  • FEATURES
    • 482 8 FEW PEOPLE are likely to protest against earlier pay-days, except perhaps, those who have problems budgeting half salaries without going broke before the next is due. But the government's move to encourage employers to stagger pay-days is a timely one that could benefit workers and
      482 words
    • 1680 8  -  The US has benefited from an inward rush of funds what if it stops? Now the United States has to wrestle with its own sudden dependence an issue as new and challenging for policy makers of the eighties as spiralling inflation was for policy makers a
      NYT  -  1,680 words
    • 475 8  -  By BARBARA CROSSETTE NYT WHEN THE workday begins in Beihai, the small Chinese port on the Gulf of Tonkin takes on a distinctly Vietnamese air. Women in their conical Vietnamese-style straw hats unload the catch of shrimp and fish from trawlers at the dock.
      NYT  -  475 words
    • 937 9  -  Hundreds have deserted the strike in the last fortnight By BRIAN CATHCART Reuter AFTER eight months of ugly riots, bitter words and hardship, Britain's coal strike appears to be crumbling slowly. Lured by special pay bonuses and driven, by disillusionment and poverty, hundreds of miners have
      Reuter  -  937 words
  • Page 8 Advertisements
    • 54 8 This is to announce that Henry Designcentre Pte Ltd is the exclusive agent for the superior range of Comforto office and commercial seating in Singapore, Malaysia and Brunei. All enquiries for sales and service should only be addressed to Henry Designcentre Pte Ltd. Henry Designcentre Pte Ltd Ivmos Av» nJ'.oA
      54 words
  • Page 8 Miscellaneous
    • 698 8 CRYPTIC PUZZLE ACROSS 3 A great story |ust tor the picking up (5) 8 Hot tries, possibly (5) 10 A scoop for the chop with o lump ot leod (5) 11 It's by way of being a travel proviso (3) 12 Workers penalised by a referee (5) 13 Picture of
      698 words

  • SPORTS
    • 315 9 Reuter IVAN LENDL picked up US$2OO,OOO and his second major tennis title in a week with an easy 6-2, 6-1, 6-2 victory over Anders Jarryd of Sweden in the final of the European champions' championship in Antwerp on Sunday. The Czechoslovak, winner last
      Reuter  -  315 words
    • 300 9 UPI BRAZIL'S Formula One hopeful Roberto Moreno outclassed some senior opposition to win his third Australian Grand Prix at the Calder International Raceway near Melbourne on Sunday. Moreno, after qualifying his Rait RT4 Formula Mondial on pole position, led for all but the first 10 of
      UPI  -  300 words
    • 261 9 AP DENMARK'S John Nielsen won the 31st Macao Grand Prix car race by two seconds on Sunday thanks to a car pile-up that forced a restart of the first leg. Nielsen crashed his Rait RT3-VW on the first lap of the first leg on Saturday but seconds
      AP  -  261 words
    • 580 9  - Golfers rise to a dare and end up winners By WALTON MORAIS A DARE and the defiant response served as the backdrop to Singapore's marvellous performance in the World Cup golf championship which ended in Rome on Sunday. As Singapore's golfing fraternity and sports lovers basked in the glow of
      580 words
    • 287 9 Reuter AN EVENT is being planned to replace the Monte Carlo Rally which has been excluded from next year's world championship calendar, the chairman of a French sports daily said. Jacques Goddet told Monte Carlo Radio that L'Equipe had offered to organise a substitute rally
      Reuter  -  287 words
  • Page 9 Miscellaneous
    • 1158 9 to hke) HIGHLIGHTS The Arabs: A Living History Building A Nation 8 pm, Channel 12 Economist Mahfoud Bennoune analyses the problems faced by the Arabs as they constructed their new nations over the past quarter of a century and the solutions opened to them. He refers to his own country,
      1,158 words

  • INTERNATIONAL COMPANY NEWS
    • 731 10 Competitors unable to match the standard set by IBM NYT INTERNATIONAL BUSINESS MACHINES Corp (IBM) is likely to face substantially less competition in the personal computer field over the next year. Industry experts say the giant's flurry of new products has left
      NYT  -  731 words
    • 166 10 Reuter CITY INVESTING Co has released documents showing its investment bankers feel the company is worth a maximum of US$45 a share.The revelation disappointed Wall Street where estimates had been considerably higher. Larry Baker of E F Hutton and Co said: "It's a very
      Reuter  -  166 words
    • 526 10 NYT MANY OF THE full-service brokerage houses in the US may soon regret letting go large numbers of commodity account executives in belttightening moves brought on by shrinking business and the increasing competition from discount brokers. The reason: Many of the fired brokers have
      NYT  -  526 words
  • Page 10 Advertisements
    • 673 10 ..e BEEFEATER I At LI AT TOWERS! 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
      673 words
    • 147 10 Feng Cheng Lou for the best Teochew food in town. Discover mouth watering delights prepared by hong Kong chefs. And feel like royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00 pm for dinner ORown PR/HOE HOTEL 4* 270
      147 words

  • ASIAN STOCKS
    • 360 11 HONGKONG: Share prices closed slightly lower yesterday in quiet trading with investors awaiting indications from Wall Street before entering the market. The Hang Seng Index closed the day 4.18 lower at 1,067.61. Turnover was HK5128.48 million compared with $150.88 million on Friday. HK Land shares closed five cents lower
      360 words
    • 242 11 MOV 19 Al Sincere Indus NT 650 unch Chem Indus Lien Hwa Indus Hon Yo Plos 18.70 11.20 29 50 25 80 unch -02 -0 1 +03 Asia Cement Cathoy Cons Chang Hwo Bank Chen Loong Chw Hsm Cement China Chem China Dev Oana Elect Wire Chma Gutf Plos
      242 words
    • 327 11 TOKYO: Share prices finished the morning higher yesterday with incentive-backed issues, pharmaceuticals and speculatives among the leading sectors. The market average rose 30.36 to 11,285.07 at midday on volume of 120 million shares against 200 million in Saturday's half-day of trading. The Stock Exchange Index rose 0.22 to 854.68.
      327 words
    • 125 11 MANILA: Share prices closed mixed in quiet trading yesterday. The Commercial and Industrial Index fell 0.46 to 110.92, the Mining Index was up 0.93 to 826.32 while the Oils Index was unchanged at 0.586. Atlas Conß eased to 27 from 27.50, Philex B to 0.11 from 0.1150 and PLDT
      125 words
    • 370 11 SYDNEY: Share markets closed weak across the boards yesterday due to a sharp fall on Wall Street last Friday and in a correction to gains on local markets last week. At 1515 local time, the All Ordinaries Index was 7.5 points down at 775.0. National turnover was 31.64 million
      370 words
    • 169 11 BANGKOK: Stock prices closed higher yesterday in active trading. The Book Club Index rose 0.90 to 124.69. Turnover was 682,419 shares with Friday's 745,630. Singer Thailand Ltd closed 1.25 baht higher to finish at 37.50. Thai Mutual Fund HI gained 0.50 baht to close at 15.75, Siam Cement advanced
      169 words
    • 83 11 Nov 15 Won 641 2 Hyundai Corp Hyundai Motor KAl 902 625 537 730 -33 >2 -1 Chohaung Bk 606 3 1249 -31 Commitciot Bk 689 3 Korea Sh*> 406 -4 Docfcm Ind 540 10 812 -3 Doe woo Corp Doewoo Ind Dong Ah Gold Star Homl Bk 486
      83 words
    • 67 11 Reuter DIVERSIFIED building suppliers Winstone Ltd plans a takeover bid worth about NZ$B4.2 million for building and timber merchants Odlins Ltd. Odlins directors said they would recommend acceptance of the offer, but shareholders were advised not to sell yet. Winstone is offering one of
      Reuter  -  67 words
    • 242 11 AFP NEPALESE Commerce Minister Narayan Dutta Bhatta has inaugurated the country's first stock exchange market centre in Kathmandu. At the inauguration of the stock exchange market which is supervised by the governmentcontrolled Security Exchange Centre, Mr Bhatta said he hoped it would help
      AFP  -  242 words
    • Corporate round-up
      • 78 11 A GROUP of 22 banks has signed an agreement extending a US$7O million loan to Daewoo Corp of South Korea. Lead manager National Westminster Bank PLC says the threeyear loan bears interest at 7 /i point over London interbank offered rate (Libor) for the first 18
        78 words
      • 77 11 Reuter A GROUP of three Japanese companies will export a 20 billion yen acrylic fibre plant to China under an agreement with China Technical Import Corp. Kawasaki Heavy Industries Ltd said the group comprised Nissho Corp, Chemtex Japan KK, a subsidiary of Chemtex Inc of the
        Reuter  -  77 words
    • 109 11 FT LAPINE TECHNOLOGY has announced the signing of a tripartite agreement between Prudential Bache Trade Corp, the international trade financing subsidiary of the Prudential group, Kyocera Corp, a major diversified Japanese corporation and itself. Under the terms of the agreement, Kyocera will make the Lapine
      FT  -  109 words
    • 65 11 FT THE PRESIDENT of Indonesia's state airline, Wiweko Soepono, is to be replaced. No reason was given by Garuda, the airline, but it is thought Mr Wiweko had come into conflict with Indonesia's Minister of Technology, Mr Habibie, who had wanted Garuda to buy planes
      FT  -  65 words
    • 104 11 Reuter CHEVRON Corp said its Chevron Darajat Ltd unit and Texaco Inc's Texaco Darajat unit signed a contract with Pertamina, the Indonesian national oil company, to explore for and develop geothermal resources in the Darajat area of West Java. Exploration will begin in the near future and, depending
      Reuter  -  104 words
  • Page 11 Advertisements
    • 473 11 -&<@=,][?!:\|>&`'>&-=&>\+?|/;\, TONIGHT! PLUG INTO AN ELECTRIFYING EXPERIENCE! THE lON BAR '<$>* a^'V—405 Havelock Road Singapore 0316 Tet 733 2081 zws 4 Oi At AT BARON'S TABLE November 22, 1984 Partake of our traditional and glorious Thanksgiving dinner which offers a superb 5-course gourmet fare at $59.00 per person (subject to
      473 words
    • 139 11 Savoury Delights Await You At Gjmtas^eomor Where fine authentic Peking and Sichuan cuisines are expertly prepared by master Hong Kong chefs and served in delightful culinary styles. For a truly delightful feasting experience, come to CairnCourt Peking and Sichuan Restaurant. Braised Whole Abalone A Sea Cucumber Hong Kong Dion Xih
      139 words

  • RAW MATERIALS
    • 386 12 Bernama THE RETIRING Controller of the Malaysian Rubber Research and Development Board (MRRDB), Tan Sri Dr B B Sekhar, has been conferred the Ridley Award for his contribution to the rubber industry. Malaysian Primary Industries Minister Datuk Paul Leong, in conferring the
      Bernama  -  386 words
    • 416 12 Bernama EFFORTS are being made to develop and promote new kinds of rubber to compete in potential market areas dominated by synthetic rubber. Malaysia's Primary Industries Minister Datuk Paul Leong said yesterday night onĕ such new rubber, the epoxidised natural rubber, was comparable with
      Bernama  -  416 words
    • 267 12 Reuter A MEETING OF the agriculture committee of Gatt has approved a compromise document on a framework for future global negotiations to liberalise trade in agricultural products. The document, tabled by Dutch chairman of the 50member committee, said there would be two approaches
      Reuter  -  267 words
    • 116 12 Reuter THE STATE-OWNED Indian Tea Board has asked some state governments to stop private traders from hoarding tea because this has raised domestic prices. Board Acting Chairman R K Tripathy said. Mr Tripathy said January September production is estimated at 472 million kilograms,
      Reuter  -  116 words
    • 381 12 FT THE SEASONAL downturn in Malaysian palm oil production may be taking place later than usual, resulting in larger-than-expected supplies for export markets. After the record 411,271 tonnes produced in September, traders had expected a dip of up to 20
      FT  -  381 words
    • 225 12 SINGAPORE The market closed lower yesterday with December One RSS buyers quoted at 173.00 cents per kg, down 0.75 cent from Friday. The morning session lost one cent on a general lack of buying interest in quiet trading. In the afternoon, prices recovered slightly on light buying but still
      225 words
    • 337 12 RAS prices (in S cents/ktio, FOB in bales) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS prompt 170 00 171 00N 170 25 171 25N kit 1 41SS Dec 84 172 75 173 25 ***** 173 50 Int 1 RSS Jon 85 174 75 175 25
      337 words
    • 110 12 (cants/kg, 1-ton pellets) December 84 January 85 (current mth) (forward mth) RAS NOON NOON Buyers Buyers Sellers SSR 20 168 00 I70 00N 169 50 171 50N SSR 50 166 00 I68 00N 167 50 169 50N MRELB Buyers Sellers Buyers Sellers SMR CV 198 50 200
      110 words
    • 95 12 THE Kuala Lumpur Tin Market price remained at the International Tin Agreement fleer-price of Msa.ls per kg. In the absence of any foreign demand, the buffer stock manager continued to provide support with some light buying noted from local interests. Total volume of concentrates delivered by miners dropped
      95 words
    • 160 12 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix I6's 3,150 Blue Phoenix 20's 3,250 Blue Phoenix 32's 3,800 Blue Phoenix 40's 4,000 Carded yarn, hank Blue Phoenix 21 's 3,500 Combed yarn, cones Blue Phoenix 32's 4,800 Blue Phoenix 40's 4,950 Open-end yarn
      160 words
    • 71 12 UPI HEAVY rains have destroyed about 20,000 hectares of rice in the northern Vietnamese province of Hai Hung. Radio Hanoi, monitored in Bangkok, said last week that rainstorms on Nov 10 submerged one-third of the ripening rice fields, which were to be harvested later this month.
      UPI  -  71 words
    • 993 12 COFFEE Robusta futures finished a subdued session yesterday with losses of £25 to £8 a tonne from Friday. January traded last at £2,352, down £19 from the previous offer/close and £10 beneath its opening high. The spot November position, underpinned by tightness in tenderable supplies, was thinly traded
      993 words
    • 153 12 Chinese Produce Robusta 20/25% Exchange FOB NSW Nutmeg 492 50 (Sellers' noon clotino prices on Nov 396 00 19 S$/100kg) 110 FOB NSW B W FOB NSW 281 00 Coconut oil Bulk FOB 190 00 Gambier Old drum FOB 203 00 FOB NSW 305 00 New drum FOB
      153 words
    • 284 12 Singapore C-l special C-l Ordinary Loonza*i 100% unq una (S$/kiio, «x-godown) Thoi white first grade una 100% 1st class 100% second grade 235 (kangaroo) 096 070 070 100% third grade unq new crop 100% 2nd closs 100% 3rd doss Parboiled 5% 10% 232 227 25% new crop No stock
      284 words
    • 149 12 MALAYSIAN crude palm oil prices closed off the day's lows on late covering and speculative buying interest yesterday. Trading was thin with most operators sidelined following an uncertain Chicago soybean complex close last week. In the November and December positions, south region feU MJ4O to $1,235 per tonne
      149 words
  • Page 12 Advertisements
    • 157 12 VI Keep yourself constantly infonned of the latest developments in Japan's Steel industry by regularly subscribing to cjapaii $tt JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows
      157 words

  • SHARE INFORMATION
    • 578 13 THE Singapore stock market fell sharply yesterday in line with the 18.22-point fall on Friday's Dow Jones Industrial Average. The BT Composite Index dropped 7.03 points to 683.11 while the Straits Times Industrial Average fell 8.75 points to 788.69. Volume was moderate
      578 words
    • 3654 13 1984 High Low Company Last Solo orOr'* Div Dhr C"VT Gr'a YTd Not P/E Vol (•000) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 3I0 308 312 198 275 350 540 322 278 516 550 500 7)0 300 478 416 535 340 428 168* 320* 302 695 455* 239* 535 338
      3,654 words
    • 234 13 SINGAPORE Rises G 1 HUgs S0< 300 Kentucky Sport 420 Tei«4e Corp Pon-£l 50« 312 UIC '66 AIcom 107 B $mmkmmmt 350 Falls Sataagor Dredg 460 CCM 404 G C Lrfe 1740 MST 590 Pnmo SIS Gold Com 255 G Corp OILS 122 Strain Trod mo 442
      234 words
    • 496 13 CONDITIONS continued to remain soft at the Kuala Lumpur stock market yesterday, with shares prices finishing on an easier note. Trading was on the quiet side as investors preferred to stay away in anticipation of fresh leads to lift market sentiment. Turnover dropped to
      496 words
    • 3005 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 l,ooo.unlU unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT'. Big
      3,005 words

  • COMPANY NEWS
    • 383 14 Ranking by UMBC in terms of paid-up capital MULTI-PURPOSE Holdings Bhd has emerged tops in UMBC's list of 50 leading publicly quoted companies in Malaysia in terms of paid-up capital as at en<J-1983. The rest of the top five positions were taken up by Stow
      383 words
    • 533 14 Reuter THE BRITISH government may not convert the dollars raised from the British Telecom PLC share issue immediately, although the Japanese proceeds are likely to be changed into sterling without delay, banking sources said. The sources said Telecom's US market proceeds
      Reuter  -  533 words
    • 2362 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Block Exchange yesterday, with the number of shares traded shown In brackets In lota of 1,000 units unless otherwise specified. INDUSTRIALS A Owe (2.408) (13) 2.38 (6) 2 36 (6)
      2,362 words
    • 320 14 GUINNESS Malaysia Bhd has announced a share split followed by a one-for-two bonus issue on the back of improved pre-tax earnings and net tangible assets backing per share for the year ended Sep 30, 1984. Its unaudited statement for the year under
      320 words
    • 609 14 Bernama PETRONAS, Malaysia's national oil company, is looking into its tough exploration terms to make them more attractive for contractors to undertake oil exploration work in Malaysia, chairman Tan Sri Abdullah Mohd Salleh said. According to him, it was felt that the
      Bernama  -  609 words
    • 244 14 Reuter THE Australia A New Zealand Banking Group Ltd (ANZ) has disclosed that its 1983/84 profit increase reflected mainly a substantial gain in the parent bank's results. The group lifted net profit to A 5269.04 million in the year ended Sep 30,
      Reuter  -  244 words
    • 102 14 HONGKONG Australian Industrials Monday 1121.8 Hong Seng Index Friday 1128.1 Week ago 1125.4 Monday 1067 61 Friday *****9 Week ago 1044 45 NEW YORK Dow Jones TOKYO Fnday 1187 94 Thursday 1206.16 Tokyo Dow Jones Week ago 1218.97 Monday *****12 Saturday *****.71 Week ago *****.12 Standord and Poors
      102 words
    • 239 14 Managers' prices MARA Bumiputra for Nov 20 First B'putro 510 515 Singapore Unit Trust Second B'putra Third B'putra 469 474 3 96 4 01 The Commerce 2 56 2 72 Fourth B'putra 4 22 4 27 The Sovmgs Fund 1 73 1 84 Fifth B'putra 2 86 2
      239 words
    • 786 14 Current Ex Books Dote Total for Total tor poyment dot* dose payable Hit year prfvKMS yi AISB I5%(b) NYA NYA NYA 15% 15% AM DB $.3%<b) Oct 8 Oct 18 Nov 29 63% 18% A M 0 B 2%l Nov 12 Nov 22 Dec 22 2% 6.3% A
      786 words
    • TAKING STOCK...
      • 605 15 By HOCK LOCK SIEW SIR MICHAEL Edwardes, the newly-appointed chairman and managing director of Dunlop Holdings PLC, has wasted no time in digging into and tackling the problems of the ailing tyre and sports goods giant. His first day with the company was Nov
        By HOCK LOCK SIEW  -  605 words
      • 177 15 ANOTHER director of AlfaPacific Securities Pte, Mr Francis Chu Leong Mun, is expected to leave the broking firm at the end of the year, hard on the heels of the resignation of former managing director Dr Chua Wee Meng in August. Mr Chu's impending resignation comes
        177 words
    • 374 15 SOME AMENDMENTS are likely to be made to the Malaysian Share (land-based company) Transfer Tax 1984 before it becomes law, accoring to Ernst Whinney, a public accounting firm. Ernst Whinney pointed out that the Bill had given rise to a
      374 words
    • 135 15 Bernama TEXTILE Corporation of Malaya Bhd has proposed to change its name to Grand United Holdings Bhd. Textile Corp, involved in the manufacture and trading of cotton yarn and textile products, said the change would be in line with the completion of its
      Bernama  -  135 words
    • 129 15 MR ONG TIONG SOON, former managing director of SPP Ltd, has finally severed all ties with the SPP group, about a year after the latter became a 64.5 per cent-owned subsidiary of Tuan Sing Holdings Ltd. Joining him in resigning from the company and all its
      129 words
    • 731 15 Bernama THE MALAYSIAN and Singapore authorities should reexamine the case for excluding other companies from taking equity in the stock broking firms in the two countries. Dato Malek Merican, managing director of ArabMalaysian Merchant Bank Bhd, Malaysia's largest merchant bank, questioned whether the
      Bernama  -  731 words
    • 378 15 THE PAHANG government is to acquire 31 per cent of the shares of Austral Enterprises Bhd valued close to Ms4l million. Austral Enterprises is a 79.7 per cent-owned subsidiary of Island k Peninsular Development Bhd. Menteri Besar Datuk Haji Najib Tun Abdul Razak
      378 words
    • 469 15 LAST FULL YEAR Company Period Date Year Net EPS Gross Net f>f OTlt announced tnding (cents) div lost year <%> r 000) G Lumber Intenm June 30 Sep 84 3.6181 HKTm Interim Aug 25 Sep 84 368L K G Hldgs Interim Sep 12 Dec 84 83 10.0 1.964
      469 words
    • 358 15 AFP Hongkong Land, the colony's biggest real estate company, has created a wholly-owned subsidiary to run its property operations which had been severely jolted by the collapse of the local market. The company would be incorporated as soon as possible, said Mr David Da vies, managing
      AFP  -  358 words
    • 931 15 THE market opened lower yesterday in response to the sharply lower close on Wall Street on Friday. Dealers noted profit-tak-ing in the wake erf last week's record high levels and at 9.45 am the FTSE 100 index was down 8.1 points at 1165.4. Closing middle prices of selected
      931 words
  • Page 14 Advertisements
    • 205 14 NOTICE FRONTIER ENTERPRISES (PTE) LTD. (incorporated in the Republic of Singapore) (in Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 272 of the Companies Act Cap 185 the Final Meeting of members of the Company will be held on Monday. 24th December, 1984 at
      205 words


  • 534 16  -  By RICHARD SEAH A 163-YEAR OLD trading company is taking its first step into the retail sector with the setting up of a home furnishings store to rival the successful Swedish group, Ikea. Mulpha Marketing, which started as Guthrie Co in 1821 and has
    534 words
  • 523 16  -  By LEE HAN SHIH WHILE ASEAN investors are pouring millions into grand hotel projects in Western Australia, they have shown much less enthusiasm for office buildings there. Only 8.6 per cent of offices in Perth's Central Business District are owned by foreigners,
    523 words
  • 219 16 WITH SPECULATION rife that this afternoon's sitting of Parliament will be the last, the House is likely to see a strong turnout of MPs. If the Leader of the House does announce that the House will adjourn indefinitely, indications are that the sitting
    219 words
  • 100 16 LOCAL PIG and poultry farmers have made an appeal to their counterparts in Malaysia seeking their help in transferring pig farming from Singapore to Malaysia. Farmers who see Malaysia as an alternative to farming in Singapore made the appeal in a communique issued at the end
    100 words
  • 206 16 Bernama THE MALAYSIAN property market in 1985 will continue to be soft unless there is a dramatic improvement in the country's economy, leading to increased foreign investments and exports. Datuk Haji Abdul Rahim Rahman, chairman of property valuers and consultants Rahim and Co,
    Bernama  -  206 words
  • 61 16 MALAYSIA'S Employees Provident Fund (EPF), in a bid to check fraudulent applications for the withdrawal of funds to buy houses, will accept applications accompanied by original copies of sales and purchase agreements and other documents. An EPF official was commenting on a report that a syndicate
    61 words
  • 295 16  -  BY LOH HUI YIN A WORKING committee has been set up to get the newlyincorporated Nanhai Oil Equipment Repair and Maintenance Service Company off the ground. Nanhai Oil was officially established when the Singaporean and Chinese partners signed an agreement
    295 words
  • 389 16 Bernama MALAYSIAN Finance Minister Mr Daim Zainuddin yesterday maintained that a Royal Commission of Inquiry will not be set up to investigate the Bumiputra Malaysia Finance (BMF) loans scandal, in spite of mounting pressure from several quarters including Umno Youth.
    Bernama  -  389 words
  • 67 16 STOCK PRICES were mixed in early trading with blue chip issues staging a technical rally in which secondary stocks did not participate. The Dow Jones Industrial Average, which fell over 31 points on Friday, rose six to over 1194. Overall, however, losing issues held a five to
    67 words
  • LATE FILE
    • 43 16 UPI YOUNG WOMEN workers in South-east Asia's booming electronics industry are underpaid and exposed to health risks. The International Labour Organisation reported that 9 out of 10 workers in the industry are women between 16 and 23 years old. UPI
      UPI  -  43 words
    • 43 16 INDONESIA'S state-owned Garuda Airlines will have to pay debt installments of US$2OO million to US$3OO million a year until 1969 to pay off a debt of $1.47 billion incurred in 1983, the country's Minister of Communications said yesterday.
      43 words
    • 26 16 AFP LIEUTEN ANT-General Hartono Rekso Dharsono, a former head of Asean, has been arrested on subversion charges, an Indonesian newspaper confirmed yesterday. AFP
      AFP  -  26 words
    • 39 16 AP THE PHILIPPINE Presidential Palace said yesterday President Ferdinand Marcos is well and working "as usual", and denied a former Cabinet minister's claim that Mr Marcos had undergone a "major surgical operation." AP
      AP  -  39 words
    • 30 16 AP POLAND has given formal notice of withdrawal from the International Labour Organisation to protest "the escalation of anti-Polish actions" in the agency, the ILO confirmed yesterday.
      AP  -  30 words
    • 25 16 AP A CHINESE newspaper explained the American political term "baby kisser", apparently in response to widespread curiosity following the US elections. AP
      AP  -  25 words
  • Page 16 Advertisements
    • 334 16 LOST SHARK CERTIFICATES Applications have been mod* to the directors of the undermentioned companies to issue duplicate share certificates m place of the foflowmg shore certificates which have been reported lost or destroyed: LIM KAH NGAM LIMITED INCORPORATED N THE REPUBLIC OF SINGAPORE) NfcofttwrM Certificate No« in Name of of»1.00
      334 words
    • 506 16 INTERNATIONAL CONFERENCE ON THE IMPACT OF MODERN CHALLENGES ON THE COMPANY SECRETARY 7-8 DECEMBER 1984, SINGAPORE 10-11 DECEMBER 1984, KUALA LUMPUR TOPICS 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 THE
      506 words
    • 6 16 S— Page 11 S— Pag* 4
      6 words
  • Page 16 Miscellaneous
    • 55 16 Outlook for today: Cloudy with showers over several areas most of the afternoon. Report for 24 hours poor to 7.30pm on Nov 19 at the o*port: Maximum temperature 30.7 Associated humidity 76 Minimum temperature 24.3 Associated humidity 98 Hours of sunshine 3.80 Rainfall in millimetres 1.1 Roinfoll this month 84.1
      55 words

  • SHIPPING TIMES
    • 164 17 A PROPOSAL to establish a new shipping service between Darwin and Singapore is being discussed by the Australian Confederation of Trade Unions and Maritime Unions. The service would be available only on demand and at times when there is a surplus of cargo. It would be operated
      164 words
    • 104 17 NEDLLOYD Bulk will withdraw from the parcel tanker service to the Caribbean on Nov 30. Its partner in the venture, Andino Chemical Shipping, will continue to provide the liner service to the Caribbean on its own. Following the termination, Nedlloyd will re-de-ploy the Antigua for its West
      104 words
    • 524 17  -  By LINDA CHEE SINGAPORE shipping companies, pinched by rising crew costs, have started to reduce manning levels. Those employing nonunionised seafarers have already cut down on crew, and other companies dealing with unions have made similar plans. For the latter bound by the terms
      524 words
    • 663 17 Shipping Uno Cot Shipping Um Pogo Cot Afeo VI 3 HoegMJglond VI 4/5 Ahrenkiel Liner VI 5 HK Cont VI 2 Alphatrons VI 4 HK Islands vn 1 Alpoc VI 5 Hsmg Wen VI 1 APC Line V 4 Hungarian V 3 APL IN 4/5 Hyundai V
      663 words
    • PORTSIDES
      • 71 17 Reuter THE Japan India-Pakistan-Gulf /Japan Conference said it will reduce the extra risk insurance surcharge for shipments to Iranian ports, inclusive of Bandar Abbas, and Iraqi ports, to a minimum 8 per cent from a minimum 10 per cent, effective today. Meanwhile, the extra risk insurance surcharge for
        Reuter  -  71 words
      • 39 17 THE Australian and New Zealand Eastern Shipping Conference said it will apply a currency adjustment factor (CAF) for shipments to Australia and Papua New Guinea of plus 2.0 per cent effective Dec 1 because of currency fluctuations.
        39 words
      • 126 17 THE 1985 examinations for deck certificates of competency and certificates of efficiency as lifeboatmen will be held as follows. For deck certificates of competency, the examinations will commence on the following dates: Master (foreip-going) Jan 21, April 22, July 1, Oct 7; First mate (foreign-going) Feb 11, May
        126 words
    • 215 18 THE PORT of Oakland has sold securities totalling US$B5 million to fund capital improvement projects at the airport, marine terminal and Jack London Square, and to retire existing bond anticipation notes of $35 million maturing on Dec 1. 1984. The securities were bought
      215 words
    • 92 18 MARECS 82, one of two satellites launched by Ariane 3 rocket, has been successfully positioned in geostationary orbit. The satellite, which is leased by the International Maritime Satellite Organisation, was built for the European Space Agency by British Aerospace, Marconi Space Defence Systems and other European contractors.
      92 words
    • 187 18 THE MAJOR shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia Straits
      187 words
    • 205 18 Seatrade Week. CONSTRUCTION Of Asia Terminal Ltd's much publicised container freight station is on schedule for occupants of the first floor to move in by June, 1985. Reputed to be the first of its kind in the world and the largest in Asia, the HK$l.5 billion
      Seatrade Week.  -  205 words
    • 648 18 FT THE BOSSES of Ireland's statowned industries are nervously assessing the impact of the government's unprecedented decision to allow one of their number to fold. The Irish cabinet, faced with possible bills of L2OO million to keep Irish Shipping afloat, decided instead
      FT  -  648 words
    • 1787 18 LIMITED grain and timecharter business was reported on an otherwise rather dull freight market on Friday with few new features emerging, shipbrokers said. Another vessel was booked for grain from the US Gulf to Japan at $16 while tonnage was secured for three voyages over this route at
      1,787 words
    • 274 18 AP IN A case that has stiired intense national debate, Israel's cabinet on Sunday ordered police to open a criminal investigation of a merchant marine captain who set an African stowaway adrift on a makeshift raft. The two-year-old affair was revealed with the publication
      AP  -  274 words
    • 325 18 UPI THE BOW of the severed tanker Puerto Rican, carrying 2.7 million gallons of oil was towed into San Francisco Port on Sunday escorted by tugs and Coast Guard vessels on the alert against spills. A fleet of more than 20 vessels,
      UPI  -  325 words
    • 216 19 HONGKONG Venture Lines has deferred plans to go public on the London Stock Exchange next month. The company, controlled by the Chao family, also has no plans to float the company in Hongkong or in London for at least a year, said Mr
      216 words
    • 335 19 Lloyd List ORDERS for three large container ships are about to be placed with Japanese shipbuilders by the Hongkong shipping group, CY Tung. The contracts when finalised will mean that theTung group has more vessels on order than any other independent shipowner in
      Lloyd List  -  335 words
    • 133 19 WARTSILA has won a contract to build two nuclearpowered icebreakers for the Soviet Union. The contract worth about US$325 million is the biggest to be awarded to the world's leading builder of icebreakers. Wartsila will deliver the vessels to the Soviets in 1988 and 1989. The
      133 words
    • 258 19 UPI AN IN-HOUSE investigation into the sinking of a US drilling ship in which 81 people died can remain private for now, a US Federal Judge has ruled. Opinions and records of the company's probe are "work product" and do not have to
      UPI  -  258 words
    • 125 19 A DIVISION of the US Treasury is currently conducting an examination of the shipping portfolios of several leading US banks. The office of the Administrator of National Banks of the Controller of the Currency is working out of the US Embassy in London on the
      125 words
    • 287 19 CITYVARVET. the repair and rebuilding division of the Swedish state-owned Saedeyards Shipbuilder, which has been hit by heavy competition, low revenues, and declining margins, has announced a programme of limited capacity cutbacks, in hopes of stemming its growing losses. The board
      287 words
    • 171 19 UPI CHASE Manhattan Bank of New York offered the high bid of US$6OO,OOO for a seized cargo ship at a rare public auction on the steps of the US Court House. Chase Manhattan officials asked US marshals to seize the Dianna because the vessel's Taiwanese
      UPI  -  171 words
    • 486 20 Nov 29-21 Maritime Arbitration, Lloyd's of London Press seminar, The Royal Horseguards Hotel, London. Nov 21-23 Holland Offshore 84, RAI International Congress Centre, Amsterdam. Nov 22-23 Maritime salvage, Lloyd's of London Press seminar, The Royal Horseguards Hotel, London. Nov 2f The risk of crankcase explosions in oil engines
      486 words
    • 5591 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.
      5,591 words
    • 602 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival date/time Operator Godws for LCL cargo FCL movement schedule Location Hongkong Ace Siri Bhum Pegasus P B Permai Helene Del Jenlink Tor Bay Maersk Rando Uni Mercy Ming Longe K Chance Sea Hawk New Guardian
      602 words
    • 1803 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S). Ur*-KiruU liae Transgroup iS) Ahreaklel Uaer Service Kim Shpg (S» If red r Toe pier Oceania Shipping Agencies (S) Marinte* Enterprise (PK). Alpac Inirasea (S) Bintang Shpg (KL) Island
      1,803 words
    • 495 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Baroness Donam No 8 Franz Xaver Koegel Kannlkar Kim Soon LI Kota Banteng Sliver Light Sun Coral Feng Qlng Agnes Venture Auby Builder II Chidambaram Fang Xing Jenson IV Prosper Straits Venture 5 25/6 35/6 31/2 22
      495 words
    • 428 26 THE following shipsales were concluded last week: Panamas Star the 69,611-long dwt orebulk oil carrier built 1966, was sold to an undisclosed interest for about $1.26 million; lasM, Ik tin OS a Greek concern paid about $2 million en bloc for the 17,070long dwt tweendeckers built in 1970
      428 words
    • 376 26 AFP RUMOURS continued to circulate on the tanker market last week that Saudi Arabia had fixed more supertankers for storage purposes. Confirmation was not available but it was believed that two ultra large crude carriers (ULCCs) of more than 300,000 tonnes deadweight had been chartered for six months
      AFP  -  376 words
  • Page 17 Advertisements
    • 340 17 R L d i PubJis/md by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A memDer Ot the limes ofgon.satiofi SS6 50 Si -'AROINT, ANT AH Jardines <3 10 FUROPF VIA SUEZ FULLY CONTAINERISED SERVICE CttVALCR PWI 42W •CMM CONTAMBt 28* CKVALER DOS 41* NOT*
      340 words
    • 325 17 mm V-— j* UNITED ARAB SHIPPING CO (SAG) I SEALORD SHIPPING AGENCIES 70 Sh®nton Way 04-02 C Hou»f Singapore 0-? C Tpt ?20i9<»4 T e<» m CFS office TPC 03 30 Tel 2223~31 and *****32 Term.niil office TPC 03 29 Tel No *****90 *****93 7.liv:ii:tri:T'ir:i r- i liV/J Ir MV.
      325 words
    • 994 17 ]U0 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 *k\ MAERSK LINE EXPORT TO US*. EUROPE. MIDDLE EAST. WEST AFRICA ASIA TO I •> PA* "IHC. (If I I ATI AN IK I AST
      994 words

  • Page 18 Advertisements
    • 272 18 m FAR EAST/EUROPE CONTAINER SERVICE From Europe Abo Accepting Far: 1) Barcelona. Genoa. 2) Amsterdam Antwerp. L Havre Basle. UK. 3) Bremen. Bremerhaven Aarhus. Copenhagen. Helsinki 4) Maimo Stockholm Oslo •Accepting Europe cargo tor teeder via S pore "Also direct cargo for Spore t Bangkok PS contact MISC AGENCIES P
      272 words
    • 434 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA 1 Pacific South West Pacific North wast Feeder at Tokyo Feeder at Kobe Atlantic/Canada Feeder at Kobe feeder VSI HK AC{ famoy aci aatT aci Also accepting LCL Cargo tor USA Porta only. Itud Vey TOR BAT Vl9/390 PCD VAN If CK
      434 words

  • Page 19 Advertisements
    • 686 19 m The Straits Steamship Group occ Overseas Containers Limited Abo accoptinf carjo for: Hanbwi to Coponhafon. Aartia Gottwnbwj R otter tam :to Antwerp Anuterdam, (Mo Bremonhaten to Bremen Sonlhampton UK refiom. Mhl I tabfa ICONTAINERSHIP SERVICE FROM UK/CONTINCNT too Accepting LCI And FCI Carjo To Hong Kong Mrt Pi* •TO*
      686 words
    • 590 19 Franco Belgian Services \F+r Xdi. fir k >vin >'dr i l.xnss (MEMBER OF ACE CONSORTIUMI CHARGFURS HAVRAISE MEDEX I INF Am (MEO CLUB MEMBER) FJll CONTMNERS* SERVICE TO MEDtTERRANE »N S'pare PKatonf BTonj Hirfn Genoa MEUTEMANEA 23 No. 75 No. II Dec 1? Dec 14 Dec CHEVALER VALBaLE 29 No.
      590 words

  • Page 20 Advertisements
    • 573 20 m LINE KOtfM FULLY CONTAINE RIS E D SERVICE TO EUROPE Vl* SUEZ Member ot ft* Ace Comortun SparePKeianf I LeHa»re Rdim Fstowe H"bi*t Antwerp chma comuo 2tn CHEVALER RO3 41N NEPTUW CRYSTAL 27* MAETERLINCK 4N SEVEN SEAS BftDGf M* 14/12 16 1? 18 1? 19 12 19/12 21/12 22/12
      573 words
    • 221 20 '£3'LSLINE m THONG SOON AGENCIES PTE. LTD *09-07, ROBINA HOUSE. S PORE 0106 TEL *****88 TELEX RS ***** BOOKING *****56 (DIRECT LINE) PENANG KM SOON LI. EQUATOR EQUATOR IV ETA ETD DESTINATION 23 Nov 26 Nov Penang 1 Dec 3 Dec Penang KUCHING 22 Nov Kuching 29 Nov Kuching SINGAPORE
      221 words
    • 408 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK It 1? 11/12 23/1? 24/12 ?•/12 21/12 23/12 27/12 21/12 31/12 4/1 7/1 J/1 14/1 15/1 17/1 N/1 21/1 23/1 27/1 21/1 31/1 3/2 4/2 1/2 12/2 13/2 15/2 On carriage to Scandinavia. Med. Carribean I S. America Inland hautouge to inland destinations in Europe mm
      408 words
    • 761 20 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MEDVFE) Round-The-World West Bound Service (FE/W MED./EURO/USEC/CARIB/FE) SGP «LC IBG FU ROM ANN URT MFC *K CMS KSN EKR aOK 21/11 15/12 22/12 24/12 25/12 2C/12 27/12 7/1 9/1 10/1 m/i EVER GENTRY 1/12 25/12 2/1 4/1 5/1 C/l 7/1
      761 words
    • 305 20 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES B. AMm B. Khotntn s»os( HMtrrac pte ltd TEL *****44/7 *****70 MALOSE MARTOME SON BHD Td *****2/3 MALAY3M TRADE I TRANSPORT LTD Td ***** ***** KYOWA LINE TO PARUA NEW GUINEA/ SOUTH PACIFIC P.KNanf Laataf
      305 words

  • Page 21 Advertisements
    • 763 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL KOTA SEJATI KOTA AGUNG KOTA SEGAR KOTA ABAOI VESSEL KOTA KOTA MAKMUR VOYAGE E-533 E-535 E-537 E-539 SINGAPORE In Pl-22/11 2-5/12 8-11/12 1-4/1/85 LOADING FOR: HODEIDAH, AOABA, PT SUDAN, MUKALLA HODEIDAH, JEDDAH. AOABA.
      763 words
    • 770 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO EUROPE Cardan 6ay BenaMer Ftar*h»t Eipresi Bar IMW| E iprns Ittm Maru Beruron Tokio E iprns Caxhfan Bar from europe ham i Frartfwt Eiprns Saded Howtoor Ban SaM Bremen Eiprns SaM Namburi Eiprns SaM Kaatakura Maru SaM Rhaw Maru SaM Kiaama
      770 words
    • 586 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Far East S pore Service Full Container Vessel. Buian Yokohama Kobf Kaotiumf HonftonfS pore T| Pno» (M) MAIAPAHT Vl4 M 20 10 21/10 30/10 3/11 5/11 15/11 17/11 GONII ¥14 HB 15/11 17/11 22/11 23/11 2S/U 29/11 MAIAPAHT *15 HB 26 11 21/11 3/12 4/12
      586 words
    • 496 21 BOUSTEAD SHIPPING AGENCIES m Htoneywa* 24/25 Nov Phoshwegyowywo V 248 28/30 Nov Myomaywa VB4W 1/4 Dec Htoneywa VI9B 10/12 Dec Discharge Only BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P Kelong Penong 24/25 Nov BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG
      496 words

  • Page 22 Advertisements
    • 901 22 kECUADOR/PERU/CHILE IV LINE —KAWASAKI KISEN KAISHA, LTD. 1 FEEDER ASM SIM *30 motto VSI A VSI PKLG PNG SPORE KOBE GUAYAQUH 24 No. 26 No. 21 No« 2t Dcc 25 lan aic» kjuque atmmsta santonb Valparaiso 6 Feb 7 Feb Fab 11 Ftb 13 Ftb CENTRAL AMERICA /CARIBBEAN SEA FEEDER/VSI
      901 words
    • 384 22 N COLOMBO V MI3G SA VERGFLEGIN V 076 Maputo CtOTNi fib Ei« RichardsDwbai Span Ban 15/11 14/11 11/11- 2/12". 11/11 23/11 9/11 13/11 8/12 JAftDME SWUNG AGENCES (Rtf. *****4/ OOK) 70 SHfNTON WAV #04 QJ MARINA HOUSf SMGAPOH 0207 TEL *****11 TELEX NO RS ***** CFS OfFKK TPC #03 029
      384 words
    • 665 22 3<aas& CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lo*** tar MB ANGELES. SAN FKANCISCO SEATTU It COM* VANCOUKR B C Autrlmf FCI FCI C«nt«wn P iHmf Smfaport I Anftto wmwrnr n t\m*m iidk AUSTRALIA EXPRESS CONTAINER SERVICE ra/Fa mm>< FMM| S p«I Fim H* Sr* Ht Kcaph "lAMDAS" 21/27 Mm
      665 words
    • 627 22 SANKD ASIA FROM JAPANCSC FONTS ANO HONOKOWC 1. AKIMARU 2. SHMKO MARU 3. MERDEKA 4. SANKO SCORPIO 5. TOMOCO 6. TRISAKTI 7. FUKUZAKI MARU Sinfapore 21/23 Nov 25/27 Nov 27/29 Nov 30/2 Dec 3/5 Dec S/10 Dec P. KeUni Penanf taft/21 Nov 24/25 Nov 28/29 Nov 30/1 Dec 30/1 Dec
      627 words
    • 467 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 International P'a/a Singapore 0207 Tel *****1 1 <10 Lines) o BREAKBULK SERVICE TO EUROPE/UK SEAWOOD SHIPPING CORPORATION uatattaaa uuii S P 0 P Kelang MASASHMA MAM »/H ieddah mists STOW P KELANG 10A0MC FOR AIPAC ASIA Ml(7 24/11 Tamata.e Owtar A|«I»I Seaport
      467 words

  • Page 23 Advertisements
    • 641 23 &NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): F'stowe H'burf 13/12 15/12 Also accepting cargo to/from Scandinavia C FROM EUROPE (VIA SUEZ) Container S pore Closing Times FCL Cargo 1400 23/11 LCL Cargo 0200 23/11 K JACEJIN 26E.1-. TW BRIDGE 22E.. O CHEF 41E. HK CONTAINER 42E TO AND
      641 words
    • 501 23 SPI*I «UNIS Nt PI UNI AGtNCIfS PTI I ID Tel 7/8997 7 ?/«S4i4 7??;si0 ??1?07? (Operations) ????487 ??09?84 I'lmmjl i *****50 270/504 iCfS) Mil ITMI |i,| NIS lUNAS Sill* SON RHO HI IH *****0 *****4 PK Tel *****4 PIN IH *****b *****b r s Line G COR Sri Lai FULLY
      501 words
    • 668 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHDMG 55, Marfcet Street Sinfapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P HUNG M/S SHARKAT NAH SOON SON BHD IST AND 2ND FLOOR. NO 1 ML AN CEMPfNWG PORT KLANG
      668 words
    • 124 23 ahrenkiel liner service (H.K.) LTD DURBAN, JOHANNESBURG. MAPUTO. MAURITIUS A REUNION WESTBOUND KEYSTONE ACE 21W LADY DONA 24W PT LOUIS DURBAN E. LDN 12 12 84 17 12 84 20 12 84 21/01/85 26 1 85 ETD ETA DURBAN SIN LADY DONA VIIE 9 1184 17 1184 m Agents: Kim
      124 words

  • Page 24 Advertisements
    • 509 24 Re<|ioiial Container Lines 3 Sailings Weekly Reliable Regular Punctual lea, Berthing P S.A. 1500 Hr«. Tuet, Thur» Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGK LA VOY SIN SKLA BKK PUT SKI* RAIANABHUM 251/199 Safcd Saied Sailed 22/23 Nov RATANA BHUM 300 301 26/27 N0.29/30 Nov RAT ANA BNUM 302 303 25/26 No*2l/30
      509 words
    • 29 24 f /T) FARGO SMPPmC COMPANY (PTE.) LTD? sG EXPRESS CONTAINER SERVICF SINGAPORE/BANGKOK EVERY 2 DAYS 7B Keppel Road. 17-07 Tanjong Pagar Comple* Singapore 0208 Tel *****77. *****88 A *****52
      29 words

  • Page 25 Advertisements
    • 18 25 cw«gr >/ ir y JQiv general agents sealion smpwig (S) pte ltd. Ll{ SINGAPORE SALES/BOOKINGS TEL *****81 (I LICS)
      18 words
    • 169 25 Scan Dutch tf MMMiA To Europe (Med/UK/NC/Scan) ACCfPTWG/SAHWG To Red Sea/Mediterranean SINGAPORE I JEODAH BEIRUT LIMASSOL From Europe Also Accepting To: (1) Borcelono, Genoa, Bilbao, Leghorn Valencia (2) Amsterdam, Antwerp, LeHavre Basle, Southampton, Liverpool, London (Tilbury), Canory Islands (3) Bremen, Bremerhaven, Aarhus, Copenhagen, Helsinki (4) Molmo, Stockholm, Oslo Loading for
      169 words

  • Page 26 Advertisements
    • 23 26 NG Shipping Private Ltd. T»tophow: *****90. *****43. *****74. SEMI-CONTAINER SERVICE TO MADRAS WW GENSTM V3/S4 (BuM 1972) ETA no STOW STOK 23/11 21/11
      23 words
    • 286 26 r iW/ Mitsui OS K Lines Lid CONVENTIONAL/SEMI-CONTAINER 3CIMIPIII ft? mA EAST AFRICA GLORIA PEAK ALTAI MARU WEST AFRICA EARNEST VENTURE 26 Nov Port Louis, Reunion 5 Dec Mombasa. Daressalaam, Tanga Zanzibar, Nacala, Beira. Tamatave EARNEST VENTURE 7 Dec Abidjan. Monrovia. Lome. Apapa, Douala.Tema Also Accepting Contrs to NOUAKCHOTT CAPE
      286 words
  • Page 26 Miscellaneous
    • 155 26 Regional Weather a VrU S 1 52 W5 4 K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND: R Thunderstorm Shoe Weather Wind direction with speed in knots oSTudySky Wave height Surface winds ore indicated by orrows which fly
      155 words