The Business Times, 6 April 1984

Total Pages: 24
1 24 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 FRIDAY, APRIL C, 1984 60 CENTS
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  • 469 1  -  By SOH TIANG KENG Banking Correspondent THE Monetary Authority of Singapore (MAS) has removed doubts and confusion over the interpretation of certain provisions in the amended Banking Act. In a recent circular to banks, MAS cleared the air when it said that substantial foreign
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  • 145 1 AFP US INTEREST rates will reach a peak shortly and then fall sharply until the end of this year. US Treasury Secretary Donald Regan said this in Washington yesterday, adding that he was "very concerned" about the current high rates, but considered the
    AFP  -  145 words
  • 508 1  -  By TSANG SAU YIN A PROJECT to develop the medicinal properties of a certain strain of mushroom is being backed by two publiclylisted companies, Intraco and Fraser Neave. Both have taken shares in Everbloom Mushroom, a family-owned company which cultivates mainly shiitake mushrooms on a
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  • 442 1  -  By WANG LOOK KEAH Transport Correspondent THERE is a delay in the award of the $500 million rolling stock contract for the Mass Rapid Transit system. Chairman of the Mass Rapid Transit Corporation, Mr Michael Fam, told Business Times last night that the
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  • 390 1  -  By LOH HUI YIN A SINGAPORE oil trading company is to play a role in the multi-million-dollar redevelopment of an oil tank farm in Sri Lanka. Oroleum (Far East) Pte Ltd, the local representative office of Oroleum of Bermudas, will provide important
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  • BRIEFLY...
    • 65 1 HOLDERS of certificates in business studies from the Vocational and Industrial Training Board can now apply for jobs with the Public Service Commission. The VITB certificates that will be accepted are the Preliminary Certficate in Business Studies, Certificate in Business Studies in Secretarial Practice and the Certificate in
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    • 73 1 AP JAPAN'S economy may grow at a faster rate than its government's target of 4.1 per cent in the fiscal year ending March 1985. Mr Toshio Komoto, directorgeneral of the Economic Planning Agency, said in the Diet (parliament) yesterday that there was a good possibility of revising the
      AP  -  73 words
    • 58 1 Reuter A BRITISH company yesterday won a licence to launch a daily service between London and New York at a one-way cost of £99. The company. Virgin Atlantic, was granted the licence by Britain's Civil Aviation Authority in spite of opposition from another airline, British Caledonian, which plans
      Reuter  -  58 words
    • 55 1 AFP COLONEL Lansana Conte was yesterday appointed President of Guinea following Tuesday's military coup, and Colonel Diara Traore was made Prime Minister. Colonel Conte led the 18-member military recovery committee which seized power eight days after the death of President Ahmed Sekou Toure. Observers say Colonel Traore
      AFP  -  55 words
    • 70 1 Reuter A GROUP of Filipino opposition leaders yesterday called for a total boycott of the May 14 elections in which President Marcos will seek to continue his government. The group, which included the brother of Benigno Aquino and other opponents of Mr Marcos inside and outside the
      Reuter  -  70 words
    • 75 1 UPI INDIA'S first spaceman and two Soviet cosmonauts yesterday began a series of experiments including the use of yoga excercises to combat space sickness, Radio Moscow said. The three cosmonauts, who docked their yellow Soyuz T-ll spacecraft alongside the orbiting Salyut-7 research centre on Wednesday night, carried
      UPI  -  75 words
    • 67 1 Reuter PRIME MINISTER Indira Gandhi yesterday tightened her grip on the troubled state of Punjab by introducing security laws allowing detention without reason for up to six months. An order promulgated by President Zail Singh said the law would be used against people threatening India's defence or
      Reuter  -  67 words
  • 155 1 Reuter CHINA is studying the possibility of allowing foreign currency deposits. China Industrial and Commercial Bank president Chen Li said yesterday that there had been several inquiries from Chinese citizens in Shenzhen, a special economic zone in south-west China, on what they should
    Reuter  -  155 words
  • 121 1 Oana-Kyodo TRADE ministers of the US, Japan, West Germany, Canada, Singapore and five other Asian countries will meet in Seoul next week for informal discussions on a new round of multilateral trade discussions (MTN). Officials of the Japanese Ministry of International Trade and Industry (Miti) said in
    Oana-Kyodo  -  121 words
  • 282 1  -  By JOHN LIM BONUSES MDMattig to mere than three months' salary ran be illegal, depending on the basis an which they are constituted. Same employers may be contravening Section 47 of the Employment Act by paying more than three months, while others paying
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  • Page 1 Advertisements
    • 227 1 viiampiun > <.r»on.e ror sheer grasp and power of play. Maruman of Japan •i kmds THE Pan-Electric group has merged three of its subsidiaries into a high technology division Page 2 SINGAPORE as a major rubber trading centre has benefited from an overall improvement in world demand Page 3 SAVINGS
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    • 108 1 Bh/I/r^oot Cast Persimmon combines the LOOK FEEL of wood with the POWER DURABILITY of steel. Features: Unique patented inner hosel structure with shaft through the head for Excellent FEEL plus SOLID sound at impact. Longer DISTANCE with better ACCURACY. 21st century aerospace casting technology. No more worry of head breakage
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    • 44 1 Editorial...page 8 BALMAIN z From $199 $269 pieroe balmain At Pierre Balmain Boutiqu s Mandarin Hotel Pavilion Intercontinental Cenmrpoint Metro Grand Lucky Plaza Scotts Pnntemp* Yaohan 46 Franco Singapore Textiles (Pte) Ltd. 315, Outram Road, #07-03, Tan Boon Liat Building. Singapore 0316. Tel: *****03
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    • 1 1 MINOLTA
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  • HOME NEWS
    • 413 2  -  By JOANNE YAP THE Pan-Electric group has merged three of its subsidiaries into a high technology division, with the aim of replacing the Japanese and Americans in Asean. Group general manager Mr Peter Lye told Business Times that the three subsidiaries involved in the consolidation were
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    • 355 2 OFFICE furniture buyers will have a better reason for visiting this year's Singapore International Furniture show. Its organisers, the Singapore Manufacturers' Association (SMA) and the Singapore Furniture Industries Council, have decided to include a new section for office furniture. The organising committee expects
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    • 137 2 YOUNG people should take up hobbies because they provide enjoyment, friendship and relaxation. Mr Ho Kah Leong, Parliamentary Secretary to the Ministry of Education, said this just before he declared open the 11th annual Raffles Institution stamp exhibition yesterday. He said that while the main
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    • 271 2  -  By LUCY NG THE Supervisory Management Training Association of Singapore (Samtas) has obtained approval from the Registrar of Societies to be recognised as a professional institute. Thinking it was high time to be recognised as such, Samtas approached the Registrar about a year
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    • 411 2  -  By MONICA GWEE AMBITION was on display as more than 400 women and a few men jostled for places at a talk on starting your own business. The organisers, the Singapore Business and Professional Women's Association, had to provide extra seats even as they turned away
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    • 231 2  -  By LIM SOON NEO A NEW type of artificial grass for tennis courts and field games is among the latest tennis court products on display at the Australian Trade Commission showroom today. Mrs Barbara Cush, director of Leisure Constructions, the organiser of the display, said
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    • 746 2 SEMINARS AND COUBBES April 7: Budgets And Standards For Control, Novetel Orchid Inn, Singapore Society Of Accountants April 9-11: The Marketing Of Consumer Products, Holiday Inn, Frank Newman Associates April 9-13: Introduction To Pneumatics, 28, Third Lok Yang Road, Festo Kg April 11-13: Paperwork Simplification, Thong Teck Building,
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    • 120 2 ASIAN Computer Services has opened a Malaysian Bureau office. Located in Petaling Jaya, the new bureau utilises a four megabyte IBM 4300 computer system to offer batch and on-line services to commercial, industrial and government organisations in the Kuala Lumpur and Petaling Jaya areas.
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    • 257 2 THE Marketing Institute of Singapore (MIS) has elected a new executive council for 1964 85. At the 11th annual general meeting of the MIS, which was held on March 31, Mr Yong Kuo Huei was elected president. Formerly attached to the Haw Par group
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    • 192 2 AFFECTED motor vehicle owners will feel a further pinch when the Port of Singapore Authority (PSA) revises its car park charges on May 2. This revision, said the PSA, was in line with the government's policy of reducing car ownership in Singapore.
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    • 350 3  -  CHEN QINGSHUN j£slX-MONTH old compa§QßS System Pte Ltd S), recently clinched a million contract to build afj&nall hotel and 30 bungalows in Xiamen, China. -Jhe contract is the first of a project to build residential housing for expatiates in the Chinese province of
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    • 506 3  -  By ALVIN TAY THE launching of the interbank Giro system tomorrow will reduce the speed at which the number of cheques going through the local clearing house is increasing. But the question of who will ultimately bear the cost of joining the system,
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    • 413 3  -  By SHAHRIR ARIFF SINGAPORE is regarded as the stepping-stone for banking and financial activities in Asean by Danish businesses, and it is increasingly becoming the focus of their interests in the region. Mrs Grethe Phillip, chairwoman of Sparekassen SDS, a Danish savings bank, told Business
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    • 113 3 THOSE interested in making better use of their spare cash may find the Personal Investment Seminar organised by the Merlion chapter of the Singapore Jaycees helpful. The seminar, on May 6 at the Hilton Hotel, will cover topics such as "Investing in the Singapore Stock Market", "Profit Opportunities
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    • 91 3 THE Minister for Foreign Affairs and Culture, Mr S Dhanabalan, will be touring the Tanah Merah and Joo Chiat constituencies on Sunday. He will be accompanied by Dr Tay Eng Soon, Minister of State (Education); Mr Ch'ng Jit Koon, Senior Parliamentary Secretary (Prime Minis- ter's Office); Mr
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    • 252 3 THE Department of Extramural Studies of the National University of Singapore will be holding short day courses aimed at training management and other staff in the skills of increasing the productivity of the organisation. Work Measurement and Financial Incentives Schemes shows participants various work measurement techniques and provides
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    • 278 3 THE largest ever display of fruits sad vegetables frsm Australia will be held at the AastraUaa Trade Commission (ATC) on April 12 sad April 13. Forty dttfereat types of fruits sad vegetables from various parts of Australia will be featured against decor that is reminiscent
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    • 421 3  -  By BOEY KIT YIN SINGAPORE as a major rubber trading centre has benefited from an overall improvement in world demand for rubber. This is most apparent from the 42 per cent jump in local exports of rubber in January 1984, which set Singapore
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    • 383 3 CIBA-GEIGY, a Swiss-based international chemical and pharmaceutical firm, has moved its Asian medical centre to Singapore. The shift took place early this month when the company's library of data was transferred from its original base in Hongkong to Singapore. This is the
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    • 156 3 THE marketing strategy of Canadian Pacific Air Lines will be reviewed in Singapore next week. A two-day meeting, starting on Monday, will bring CP Air's senior management personnel from Hongkong and Vancouver together in the Hilton Hotel to talk business with sales executives from the
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  • Page 2 Advertisements
    • 168 2 TOPLONDON DESIGN GROUP OPENS IN SINGAPORE Allied International Designers have been successfully servicing Asean clients with pack design for the past four years. are part of Aidcom International pic., Europes largest design, marketing and research group. Already many of the leading consumer goods companies in S.E. Asia are among our
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    • 143 2 —EURO SHOE SHOP—ALSO AT CENTREPOINT BALLY RANGER U i_ v Q4-«* 1a A stylish casual with built-in features to neiax in ijJij 16 enhance wearing comfort. A shoe that 'll make you look good no matter where you go or what vou do! the ankle padding for a soft, snug
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  • Page 3 Advertisements
    • 136 3 v y w Explore the exquisite taste of Japanese cuisine at the Shima and discover its subtle charm. From a wide selection of delicious set lunches to an elaborate a la carte dinner. Like Teppanyaki, Shabu-shabu and Yakiniku (Bar-B-Q) at our restaurant to the widest variation of Sushi at our
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    • 75 3 f EKMAN EQUIPMENT-* ON THE MOVE! NEW PREMISES NEW IDENTITY As a direct result of the EKMAN PACIFIC GROUP'S acquisition of the Singapore based GALAX Group of companies, EKMAN EQUIPMENT PTE LTD 16 JALAN MESIN, SINGAPORE 1336, are very pleased to announce that, effective April 7th 1984, they will be
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  • OVERSEAS
    • 885 4 wiin«iw«fijp j lm— NYT WALTER Mondale's impressive drubbing of Gary Hart in Tuesday's delegate-rich New York primary has not only re-established the former vice-president as the Democratic front-runner but has also put Mr Hart in the uncomfortable position of needing a clean win
      NYT  -  885 words
    • 418 4 NYT THE three Democratic presidential candidates swept into Pennsylvania on Wednesday, tailoring their campaigns there to the lessons of New York and the demographics of this economically distressed state. Both factors appeared to be shaping the tone and substance of the campaign for political
      NYT  -  418 words
    • 319 4 UPI ISRAELI Prime Minister Yitzhak Shamir has cleared an important hurdle towards becoming the candidate of his ruling Likud bloc in early elections on July 23. Mr Shamir, 69, still faces a contest with former defence chief Ariel Sharon, but he is expected to
      UPI  -  319 words
    • 320 4 Reuter THE leader of the main opposition party in the Philippines has said that it is unlikely it would withdraw from the parliamentary elections in May as it stands a good chance of winning a majority in a clean poll. Salvador Laurel, head
      Reuter  -  320 words
    • 148 4 THE Ku Band radar, the dish-like antenna In the right foreground of this artist's impression, will play a key role in the space shuttle Challenger's mission to capture and repair the crippled Solar Maximum Mission satellite. Called the Ko Band radar because
      UPI picture  -  148 words
    • 184 4 AP ASEAN member slates have agreed to withdraw passports of convicted drug traffickers in a combined effort to combat drug abuse in South-east Asia. After a three-day Asean meeting in Jakarta on Wednesday, drug experts from each country have agreed on a combined strategy
      AP  -  184 words
    • 287 4 AP CHINESE Foreign Minister Wu Xueqian has called on the Soviet Union to scrap nuclear missiles aimed at Asian targets and called anew for a pullback of Soviet troops from the Chinese border. Mr Wu also said China guaranteed the "prosperity and stability of Hongkong,"
      AP  -  287 words
    • 699 4 Reuter PARALLEL with the American presidential campaign. Japan's Prime Minister Yasuhiro Nakasone is facing a national leadership election of his own in November. On the surface, there seems little in common, except a time element, between Mr Nakasone's smooth-mannered, low-key manoeuvrings and
      Reuter  -  699 words
    • 848 4 ARRIVALS Service Local Operator Number Time From FT FT75 0040 JFK ANC NRT/TPE PAA PAS 0225 JFK SFO HKG MAS MH681 0820 KUL CAL aoio 0625 JED DHA MAS MH601 0905 KUL MAS MH671 0940 KUL MAS MH811 0940 PEN SWR SR176 0945 ZRH BKK RBA BI421
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    • 230 5 Reuter THE European Economic Community plans to harmonise some company legislation and introduce a community-wide risk finance scheme that should be finalised before France's presidency ends on June 30. French Finance Minister Jacques Delors said that the company plan related mainly to cross-border relations
      Reuter  -  230 words
    • 163 5 Reuter THE European Economic Community is in danger of being pushed on to the sidelines of the technological revolution unless it mends internal rifts, former French Foreign Minister Jean Francois-Poncet said. He said growing US indifference towards Europe, caused by the latter's slower economic
      Reuter  -  163 words
    • 483 5 Reuter A SUPERPOWER switch from strategic offensive to defensive weapons, as President Reagan proposed in his "Star Wars" initiative, would have profound effects on West European defence. An article by two security analysts in the respected Foreign Affairs Quarterly, published in Washington yesterday,
      Reuter  -  483 words
    • 436 5 AP SOVIET Embassy officials in Tokyo yesterday denied any knowledge of an alleged spy case in which a former US army counter-intelli-gence agent has been charged with passing top-9ecret information to the Soviet Union while stationed in Japan. "It sounds like some kind of
      AP  -  436 words
    • WORLD IN BRIEF
      • 530 5 Agencies NORTH Africa's oil producers Libya, Algeria and Egypt will suffer declining oil output in Just a few years unless they aggressively push development of new reserves, according to a US Energy Department report released on Wednesday. They "must maintain a vigorous programme"
        Agencies  -  530 words
    • 253 5 AFP REPRESENTATIVES from Mine M c« an tries, meeting In Geneva uder the auspieet of the General Agreement on Tariffs and Trade (Gatt), have approved a series of principles designed to regulate international trade in farm prodacts, Informed sonrees said on Wednesday.
      AFP  -  253 words
    • 157 5 Reuter PRESIDENT Mitterrand of Prance has said that his country must achieve economic growth through productive investment and needs profitable companies to pay for it. Speaking at a press conference in Paris on Wednesday, he distinguished this type of growth from the consumer-led expansion which
      Reuter  -  157 words
    • 381 5 NYT GENERAL Motors of the US is to spend £100 million on plant modernisation at its British car subsidiary Vauxhall. The project, GM's largest single investment in Britain, means that the group is committed to spending £260 million in Britain in the years to 1986.
      NYT  -  381 words
    • 624 5 UPI US PRESIDENT Reagan, saying he is frustrated in his effort to revive nuclear arms control talks, has invited the Soviet Union to join in a global ban on the production, possession and use of all chemical weapons. Mr Reagan announced on Wednesday
      UPI  -  624 words
    • 423 5 NYT AMERICAN and Japanese high-technology joint ventures and marketing agreements in the computer and semiconductor industry pose a danger to US national security. William Casey, director erf the US Central Intelligence Agency, said that increasingly in Europe and the US, domestic companies
      NYT  -  423 words
    • 119 5 AP AMERICAN companies with foreign operations opened a campaign on Wednesday against a proposal in Congress to resume collecting US taxes from Americans abroad who earn less than US$BO,OOO a year. The proposal would start taxing Americans overseas who earn over $30,000 a year. The limit
      AP  -  119 words
  • Page 4 Advertisements
    • 331 4 WHEN IT COMES TO SOLVING BUSINESS PROBLEMS. ONE COMPANY IS A MILLENNIUM AHEAD. V n Several years ago, a team of McCormack Dodge researchers uncovered a remarkable paradox in business software: Business problems don't fit into compartments. Yet even the most sophisticated software packages operate on the principle of compartmentalization.
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  • Page 5 Advertisements
    • 355 5 A GOLDEN OPPORTUNITY AWAITS YOU At the junction of North Bridge Road I Arab Street/ Ophir Road/Victoria Street Poh Heng Jewellery, American Hamburger and Fast Food Restaurants will be opening here soon. r Limited Units available Book early to avoid disappointment Easy instalments No Restrictions on Foreigners Central Air-conditioning Ceiling
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  • RAW MATERIALS
    • 510 6 PALM OIL FUTURES CRISIS AFP THE Kuala Lumpur Commodity Exchange (KLCE) will hold its second extraordinary general meeting on the recent crisis in palm oil futures trading on May 12. No confirmation was available from the KLCE on the reported date for the meeting, which
      AFP  -  510 words
    • 191 6 Reuter •PAKISTANI cotton ginners Glaive asked the Pakistani government to defer cotton imports until their estimated stocks of more than half a million bales had been .tftught up. 4J The official APP News agency said the request was made by a delegation from the Pakistan Cotton Ginners'
      Reuter  -  191 words
    • 194 6 PENINSULAR Malaysian crude palm oil production fell to 150,525 tonnes in January from an upward revised 176,979 in December and 186,605 a year earlier, Malaysian Statistics Department figures show. January palm kernel output fell to 45,159 tonnes from an upward revised 50,814 and 52,306 respectively. No crude
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    • 181 6 MALAYSIAN crude palm oil prices prices yesrerday closed off the day's highs on profit-taking, after continuing firmness on Chicago soybean complex had sparked strong buying and covering support. In April, north region rose Ms4s to M 51,385 a tonne, south Ms2s to M 51,390 and central Msls to
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    • 30 6 Rubber: April 5 Singapore: April 222.50 cents (up three cents) Malaysia: April 244.00 cents (down 1.50 cents) Tin: M 529.15 per kilo (unchanged) 160 tonnes (down 105 tonnes)
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    • 64 6 THE Straits tin price in Pen&ng yesterday remained at the ITA floor level of M 529.15 a kilo, reflecting continning shortage of demand. The buffer stock manager again took the bulk of the disposals in the absence of foreign baying, while local interests provided little support. Turnover fell
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    • 361 6 Reuter THE British-based World Sugar Journal said it raised its estimate of world 1983 84 sugar production, based on individual crop years, to 93.34 million tonnes from 92.88 million forecast in February. It revised its estimate of 1982 83 output to 99.63 million from 99.57 million. Exporting
      Reuter  -  361 words
    • 320 6 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 222 75 223 75N 222.75 223.75N tot 1 R.S.S. April 222 50 223 50 222.50 223.50 Int 1 R.S.S. May 228.50 229.00 228 75 229 25
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    • 129 6 NOON SSR ai id SMR i prime yesterday HAS April May (Carrot Mth) (Forward MU) Buyera 8*1 Her. Buyer® Seller* SSR 20 (1 UK i pallet) i pallet 1 ***** 21S00N ***** 217 00N SSR SO <1 to ***** 213 OON 213.00 21&.00N MRELB April May SMR
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    • 209 6 THE RUBBER market in Singapore yesterday closed higher with April One RSS buyers quoted at 222.50 cents a kilo, up three cents from Wednesday's close. After an unchanged opening, prices gained some three cents during morning trading on trade buying and covering interest of One RSS for Russia. In
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    • 1121 6 COFFEE: Robusta futures yesterday ended the morning £10 to £1 steadier and just below new contract highs in near May and distant Jan of £2,072 and £1,885 respectively. Traders said dealer price fixing lent support in May, which ended the morning up £9 at £2,071, while fresh buying
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    • 162 6 Reuter THAI RICE exports totalled 1,169,790 tonnes from Jan 1 to April 2, compared with 925,343 tonnes in the first three months in 1963, Thailand's Commerce Ministry said. It said government-to-government export contracts totalled 327,149 tonnes in the period while 842,641 were
      Reuter  -  162 words
    • 330 6 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.82, 100 per cent third class 0.78, 25 per cent new crop no stock» B-10 per cent no stock. THAI BROKEN. A-super 0.63, Special
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    • 158 6 CHINESE Prsdaee Exchange, Stagapsre, etssiag prices per lit kg yesterday. Csesait «11: Bulk fob 1197.00 sellers, old drum (in second hand drum) fob $210.00 sellers, new drum fob $214.00 sellers. Cspra: Mixed (loose) $112 buyers. Pepper: Muntok white pepper fob Asta NLW $617.50 sellers, Sarawak white pepper faq
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    • 208 6 YARN and cotton prices i were quoted as follows in I Hongkong yesterday. (In HK dollars, spot ex-go- I down) l CrttM Yam: China Blue Phoenix 20's 3,530 32's 4,020, 40's 1 4,120 (per bale of 400 lbs). Piece GmJs: China Butterfly i and Globe Brand unq. Dragon i
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    • 195 6 NEARBY soybean futures in Chicago on Wednesday closed up as much as US-cents a bushel, while new crop months ended off two cents. Values closed in the middle of an eight-cent range. Nearbys received support from the strength in com and soyoil, following a recent trend. Traders said spreading
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    • 183 6 WHEAT futures in Chicgao on Wednesday ended US-cents a bushel higher to unchanged, towards the bottom of the day's 3'j-cent range. Bullish sentiment at the start eased towards the close as soybean complex prices sold off from day's highs. Tight near-term supplies amid steady export demand lent a firm
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  • Page 6 Advertisements
    • 282 6 Wjm:9<y to** K} \%i3^«r 5&YSOs£ g^SJL C3EU*' ONE MAGAZINE could replace much of your management and business reading If you are a busy executive, businessman or professional, hard pressed for time to keep up with your reading, you'll find a solution in World Executive's Digest, a monthly condensation of many
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  • BANKING AND FINANCE
    • 517 7  -  By FLORENCE CHONG THE PROSPECT of an early entry of foreign banks into Australia has dimmed considerably following a meeting of key members of the ruling Australia Labour Party in Canberra. The meeting of 10 parliamentary members of the right-wing Victorian Labour
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    • 266 7 A CALL for monetary stability was made yesterday by the governor of Bank Negara Malaysia, Tan Sri Abdul Aziz Taha, at the 14th World Congress of Savings Banks. He said that after a decade of inflation, the major economies of the world are now realising the virtues
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    • 114 7 Opecna DETERIORATING credit conditions in 81 developing nations are forcing them to take an average 20 days longer to pay their import bills compared to six months ago, said a report by an international research firm based in New York. The survey by Frost and Sullivan said
      Opecna  -  114 words
    • 492 7  -  By ALVIN TAY SAVINGS banks should continue to act as social institutions serving society and not seek profit for profit's sake, said Mr Tan Chok Kian yesterday. The chairman of the Post Office Savings Bank said in his summing-up speech at the congress that savings
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    • 194 7 Reuter THE THAI government is prepared to take an equity stake and inject cash into finance companies facing liquidity problems, Finance Minister Sommai Hoontrakul said. Mr Sommai yesterday said the Bank of Thailand has put Bangkok Finance and Trust Co as well as Thai Central
      Reuter  -  194 words
    • 289 7 NYT SEVERAL US banks are considering voluntarily lowering their reported net income for the first quarter to reflect a continued lag in receiving interest payments from Argentina, though a financial-aid package agreed to over the weekend was intended to make such reductions unnecessary.
      NYT  -  289 words
    • 515 7 Bernama AFP MALAYSIAN Finance Minister Tengku Razaleigh Hamzah has asked the Asian Development Bank (ADB) to provide more loans in ringgit to enable the country to save foreign exchange. Speaking on Wednesday after a one-hour discussion with visiting ADB president Masao Fujioka
      Bernama; AFP  -  515 words
    • 294 7 THE GROUP 1983 net profit of Deutsche Bank AG reached 653.6 million marks (342.7 million marks) on a balance sheet total at end-1963 of 210.17 billion marks (199.17 billion marks at end-1982). Net profit is after group risk provisions of 1.46 billion marks (1.70 billion marks) and tax
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    • 305 7 Reuter THE STRENGTH of the federal funds rate is unlikely to abate sufficiently over the next few days to give respite to US credit markets, already in shock from a perception of tightening monetary policy, analysts said. The recent failure of the Fed to make
      Reuter  -  305 words
  • MONEY AND EXCHANGES
    • 22 7 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.187 per cent.
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    • 184 7 ASIAN RATES ASIAN currency deposit Interbank rates as at 5 pm on April 5: U8 Dollar* Offer Bid 7 days 11 10H 1 month 10 15/1610 13/16 2 months 11 10H 3 months 111/16 1015/16 0 months 115/16 113/16 9 months 11W 11% 12 months 111* 11H Dai. 9w.Fr*. (Middle
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    • 43 7 RANGE of prices offered by discount bouses on April 5: Overnight: 3 Call deposits: 2 3 1- Bayiag Selling 3-month Treasury bills 211/16 29/16 3-month Bank bills S* 8H 3 months CD 715/16 713/16 6 months CD 7** Source: National Discount Co
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    • 513 7 DEALERS adopted a wait-and-see attitude in quiet, featureless trading yesterday. Strength of the US dollar in the face of a tightening Federal Reserve's monetary policy was inhibited by expectations of a worsening of the US trade deficit. Against the local dollar, the greenback traded around 552.0655/85. lalofcaafc ImnH
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    • 170 7 THE US dollar ruled steady yesterday in moderately active trading towards close but the range remained narrow due to uncertainties over the currency's trend. Dealers cited some overseas selling in the afternoon which was offset by local demand for the US unit. The
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    • 208 7 THE DOLLAR closed weaker yesterday at 224.95 yen, against the 224.95/225.05 finish in New York and the 225.00 opening in Tokyo. It ended slightly firmer at 2.6102 12 marks against the 2.6065/80 New York close as some US banks sold marks for dollars, and then sold dollars for yen
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    • 348 7 GOLD futures in Singapore yesterday turned softer after a higher opening, but the market closed steady compared with New York's levels. Dealers attributed the metal's weakness in the afternoon to its marginal fall in overseas markets. Trading was dull throughout the day with a turnover of only one lot
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    • 39 7 New York 9 358 9 35B 9.406 9 40S Zurich 9 3TB 9.33B 142S TLaia 9.38S Wed Singapore nw 9.33B 9 30B 9 38S 9 35S Closing prices in US dollar! troy ounce Source: Credit Suisse, S'pore
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    • 95 7 THE dollar opened slightly lower yesterday and continued to trade narrowly in a thin market, with no new factors to influence its direction and dealer attention again focussing on the rising US Fed funds rate. Opening quotes yesterday: US 1 4315 25 1.8310 335 ***** S3 DMk 3 7390
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  • Page 7 Advertisements
    • 24 7 /$> ots^ r C/ Co^v o' a r, Q c^ j'Sd-^ *2> a od. s «d e*P°^cof° e ott^att^ 00 11 •°£g^ C^ k** jW
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    • 71 7 II YOU BET! People who come to The Jockey Pub come for our easy-going atmosphere, our great selection of cold beers and the fine tavern-style meals. Come to The Jockey Pub for rollicking music any evening, as well as our famous Sunday afternoon Jazz Sessions. Coming to The Jockey Pub?
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  • 459 8 EVERBLOOM Mushroom and Hwa Chong Junior College. A high-technology company that just moved into the Science Park and a highflying junior college hailed recently for its impressive 4 A* level results. Both are symbols of success to Singaporeans. But there are other equally deserving examples. Hwa Chong
    459 words
  • 1638 8  -  With the deregulation of the stockbroking industry, Australia comes a step closer to the era of financial supermarkets. It has been described as a near revolutionary move for an industry which has enjoyed a closeted existence until now. The effect of the
    1,638 words
  • Page 8 Advertisements
    • 301 8 MEMOS FOR MANAGEMENT... MEMOS FOR MANAGEMENT LEADERSHIP James L. Hayers The 49 articles in this superb collection gleaned from James L. Hayes' highly regarded "Memo for Management" columns represent the essence of his thinking on leadership. Spanning all aspects of the topic, from leadership to character, career, ethics, and social
      301 words
  • Page 8 Miscellaneous
    • 1042 8 TMf£ g SINGAPORE 5 J 2.25 SBCTEXT "Live" Sample Pates 3.00 PM Operant and Protramme tfghigtits folowed by A House Is Not a Home (Mandarin/r with English subtitles) 4.20 Kidsworld: The focus is on handicaps. The reporters also talk to two 14-year-old girls one is a professional violinist and the
      1,042 words

  • 1296 9 Reuter Bernatti INDIANS are flocking to buy a new car named after the Hindu wind god and once again the enormous skills of Japanese car manufacturing are behind the success story. Until now Indian motorists have had a choice of just two locally-made products
    Reuter; Bernatti  -  1,296 words
  • 780 9  -  By OH ILSON Reuter SOUTH Korea, known w a haven for book piracy, is caught In a dilemma between strongly opposing demands by home publishers and foreign governments over international copyright laws. Korean publishers and printers have urged the government to delay us long
    Reuter  -  780 words
  • 778 9  -  By LEONARD SILK NYT WITH Argentina on the verge of default, Mexico's Finance Minister, Jesus Silva Herzog, pulled a rabbit out of a hat while Treasury Secretary Donald Regan and a flock of other finance ministers and bankers held his cape,
    NYT  -  778 words
  • Page 9 Advertisements
    • 559 9 IC TIMES CONFERENCES Presents CORPORATE TAX PLANNING FOR SINGAPORE MALAYSIA 11, 12 13 APRIL. 198 1 SINC AI'OK K 11 APRIL 1984 CHAIRMAN Mr Lm PMk Bang Principal Ci—!<■■> Lm PMk Hn| ft Ca, Singapore 1983/84 TAX PLANNING REVIEW Mr Lm Fm4 Hm( Principal •malum Let Peek Hm| ft Ca,
      559 words
  • Page 9 Miscellaneous
    • 662 9 -IN-ONE CROSSWORD ill CRYPTIC PUZZLE ACROSS 4 Learn by gramophone? (4, 2) 7 Lola hung around to get a big trucking job (4, 4) 8 A Spaniard is a handsome fellow (6) 10 Suit for being sociable in? (5) 13 Almost a stage animal (4) 14 Very little like Tim?
      662 words

  • Page 10 Advertisements
    • 902 10 Where to wine, dine and entertain today Y^^^<^/Me^*a^7. r 77X 1 total card that incorporates the features of a credit card, charge card, chequ The total card that incorporates the features of a credit card, charge card, cheque card, cash card and purchase card neatly into one. Call Julia at
      902 words
    • 241 10 Ik V /c > c Htf rb > »Tf)f 4 ifleballion Grill 3 Treat yourself to our famous Prime Rib beef in town served on a Silver Wagon. Unwind to the live entertainment provided by the Filipino band the Happy Mates' nightly from 7 30pm to 11 30pm < <>m|>ltiii<
      241 words

  • INTERNATIONAL STOCKS
    • 1297 11 NEW YORK WALL STREET stocks closed lower in moderate trading on Wednesday, with tse market showing little decisive movement throughout the day. 'The Dow Jones Industrial Average, which strengthened in mid-afternoon when it was up three points, closed off uoder Mt point at about 1148. Overall,
      1,297 words
    • 37 11 APR 04 Kronor All* L*vmJ B Free 300 -4 Aam B Free 3W -5 Astra B Free MO unch Atlw Copco 135 1 Ertcaaon B Free 340 -2 EMt> Free 395 uncti Source: S E Bank
      37 words
    • 193 11 ARB M Atftlbt AJW c* jsh (IK -1H Hud Bay Min Imp OU Inco Int Pro* Pipe Int UU ss mSRR mi -H •f H Alnmt 25* unch Intl Nickel Bank Mont B*ok Nova Scotia Betl Tal BP Can Lid 11H J»* 21* unch unch unch Kerr Add Lotoiaw
      193 words
    • 274 11 Ant 04 Rand INDUSTRIALS Un Steel Unlaec Wool worth 130 506 1726 -j -5 -25 A Alpha AWi com MO 225 25 unch MININGS AB And CI Araaprop A IOC Badows C u Smith Chckers no 425 unch unch Anglo* Anglvsal 2300 +10 SOTS 1415 unch unch Blyyoors Buffela
      274 words
    • 194 11 APR M FY» GROUP B CORBEILLE Alr-T UimWI* ua LI 25 -4 L9 -S Carre four Flnanclere de LUnkon Lafarce Moet-Henneaay Opfl-Parlba* Penarroya Radlotechnlque GROI Compacnle Banctlre Oenerale Oct Mien tale 1102 04.90 343.30 22 +10 4 Aquiialne Nat Dei Petrole B 8 N OerrmJj Danone C 8 F
      194 words
    • 95 11 APR 04 rn Or Bru Lamb 244C Hobok 50X 1 420 -to FORWARD MARKET Petro 733C Rjrl Dutch 2000 1 00 urvch Ac£c flM SWro 191! unch iaa A»tur 70S Brurin 1 2 >30 -2 .25 Soc Oen Belf IN Soflna 5750 Solrmy A 4042 I 1 20 20
      95 words
    • 86 11 Dm M 40 183.00 _j| HnMrh U5.00B APR 01 Aet-Telerunken Horten Karstadt KHD 199JA 300 00 242.00 -2.5 •1 -1 Bucr BMW Commenlmnk 10R.00 406 50 170JO 132-30 -1.5 -14 -1.1 Unde Mannesmann Philips Komm Preuasaf 379.40 140 JO 319 JOB 279JO -01 -1.4 0J Conti Gum mi Rwe
      86 words
    • 105 11 ButOfl 149 Ryl MOOO -400 Centnlc Ord Cond Acqua Rom* ErtdanUk 1MB JO 140 8190 19.5 +2J unch rtat Ord 4230 -31 Oencrmil ***** -50 Otm yn» •11 Ifi Prlv SMS -56 Invest Italcementl Ord 3370 4M00 ■1 290 IWlCM too -4 L* petit Ord ***** 400 Mediobanca *****
      105 words
    • 171 11 APR 04 PU ABN Ahold Akxo 401.50 206 00 *10 157 00 4.5 •1J 04 05 Amiu Amrobnk Berk Boll 41 JO *50 ***** -1 15 unch Bftli Burtct Cmland JTIJ0 W OO 3BJ0 J6J 00 -4 unch -0.4 -1 Dall Mlj 04JO Vt% an -«J -i Erin la
      171 words
    • 190 11 APR 04 Francs Actions SulMei 315B Aiuiulne Br. aso 4 Alusuisae Ret 292 2 Brown Bowrl Br. 1910 >5 Clba Otify Br 2250 25 Clba Oel«7 PC 1725 5 CtDa Oelgjr Rej MB 2 Credit SuUae Br 2230 Credit Suisse Ret «ao Elektrowatt Br. aaao unch Oeorge Fischer Br
      190 words
    • 450 11 INDUSTRIAL stocks highlighted yesterday as Australian stock markets firmed in quiet trading with brokers identifying institutions as major buyers. Near the close the AllOrdinaries Index was up 4.8 at 755.7 with the AllIndustrials up 6.7 at 976.6 and the All-Resources up 3.3 at 579.7. National turnover was
      450 words
    • 678 11 NYT AMERICA'S major domestic car makers said on Wednesday that new car sales in the last 10 days of March rose 18.7 per cent from a year earlier, to the best end-of-March selling total since 1961. At the same time, the car makers said, sales
      NYT  -  678 words
    • 358 11 HONGKONG THE Hang Seng Index yesterday closed 50.48 points up at 1,063.67 to reclaim most of last week's loss which followed Jardine Matheson's announcement of plans to set up an ultimate holding company in Bermuda. Brokers cited active short-covering and new buying in the afternoon. Jardine rose
      358 words
    • 509 11 SHARE prices yesterday rose to record levels in early trading but slumped on late liquidation and profit-taking and closed slightly lower on balance. The market average fell 9.10 to close at 10,992.93 after rising 68.21 on Wednesday. It touched an all-time high of 11,065.31 yesterday morning but
      509 words
    • 951 11 THE market closed firm yesterday after a moderately active session. At 3pm, the FT 30 Share Index was up 11.4 points to 869.2. Dealers said the upward move reflected fresh demand after prices fell for five sessions on end of fiscal year book-squaring operations. Index-linked government bonds firmed
      951 words
    • 86 11 APR 06 Pesos Oriental B PtaU 0»imu 000# +Mu Acojt Mining Phlie* B 0.IW uncn Anglo Phil ptcop B Apex Mining B 0.009 ch AUai Con B. uncti PLOT «0 -OA Baculo Ooid 0 001 unch Pod co B 0JMB IMU ■acta unch Bute Petroleum ***** -***** Pogei Beneuel
      86 words
    • 234 11 APR 0» Chem Indus 2X30 -0J MT 1 Uen Hn Indus 11.46 -0J6 All 8tncere Indus 1040 -U Nan Ta Ptas 3111 -0.1 AsM Cement JOjOO -0J Pacific Cons 37 JO M»yh Cathay Cons SI 40 ♦0.1 Pacific Elect Chang Hn Bulk suo 0J •nr. l«J0 -03 Chen Loon*
      234 words
    • 174 11 SHARE prices yesterday closed mixed in quiet trading. The Book Club Index fell 0.08 point to 115.86 on a turnover of 60.4 million baht with 287,970 shares traded. Siam Cement gained four baht to 349, Jalaprathan Cement rose two to 135. APR OS Bahts Aokham Thai Asis Fibre AniUuk)t
      174 words
  • Page 11 Advertisements
    • 80 11 I hoi Seafood Served I n I rue Siamese Stvle £>» +z -M rl "4 H k -Thinking of food. Think Thai: Spicy Tomyum jSoup, Charcoal-Grilled Seafood, Royal Thai Seafood and our other delectable Thai Or if you're a gourmet cook, take home some fresh seafood from our mini seafood
      80 words
    • 360 11 iBA COMMODITIES PTE. LTD. (Incorporated tn the RepuMcof Singapore) (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Saction 272 of the .Compenlee Act Cap 185 the Final Meeting ol members of the Corn* pany wW ba held on Friday. I8«h May. 1984 at llXKfem.
      360 words

  • 3342 12 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 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after
    3,342 words
  • 3703 12 Gr»s Gf*s Nat IMHi«k Law Last Dlv DW Yld P/E V«< Day 8ale +or- Cvr (•000) Hick Law SECTION ONE INDUSTRIAL COMMERCIAL 172 120 AMDB50C 129 4 15 0.6 146 130 126 310 2S2 Acma 276 7.5 2.7 380.0 308 200 Alcom 220cd +5 5.0 25 13
    3,703 words
  • 184 12 Managers' prices for April C SINGAPORE UNIT TRU8T The Commerce 3.42 3.63 The Savings Fund 1* 2.10xd S pore Prog Fund 148 1.55 S pore Sec. Fund 2.24 2.38 S pore Invest Fund 1.20 1.27 S pore Equity Fund 1.45 1.54 ASIA IKIT TRUST Mai Invest Fund 2.85
    184 words
  • 2847 12 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified INDI BTRIALS AM*OMte 13 KB 3 90S» Ale*m (2 468) (J) 2.44
    2,847 words
  • 702 12 IN SPITE sf a late raaad of profit-taking, msst shares sa the Singapore stack market claaed higher yesterday la fairly active tradiag. The major part sf yesterday's tradiag sessiea saw fellew-threegh acttea after Wednesday's hellish breakthrough. The Straits Timea Industrial Index gained S.ll paints to 994.44
    702 words
  • 598 12 SHARES were traded to higher ground for the second consecutive session on the Kuala Lumpur stock market yesterday and only a late round of profit-taking prevented a better closing. The late round of profittaking cut into early gains and this was noticeable particularly among
    598 words

  • COMPANY NEWS
    • 881 13  -  Market Talk... By RAMESH CHANDIRAMANI IN ITS latest weekly review, London stockbroking firm, Laurence, Prust A Co has analysed the results of OUB, OCBC, Genting and MUI. On OUB, Laurence, Prust said: "The profits of the group are in fact better than 'they
      881 words
    • 224 13 CARLSBERG Brewery Malaysia Bhd is only ex- pecting a slight improve- ment in its profits for 1984. According to incoming chairman Mr Svend Nisted, it is still premature to expect a marked upswing in the demand for consumer goods even though improve- ment in the world
      224 words
    • 362 13 Reuter SHELL Oil Co's board seems certain to reject the Royal Dutch/Shell group's improved offer for Shell's minority shares, but nevertheless most of those shares are likely to be tendered to Royal Dutch. Shell directors are to meet this week to
      Reuter  -  362 words
    • 304 13 NYT THE SECURITIES ft Exchange Commission has served a subpoena for documents belonging to the Wall Street Journal, the newspaper disclosed on Wednesday. The commission is seeking personnel records of several members of the Journal's staff as well as other documents. The subpoena stems from an
      NYT  -  304 words
    • 326 13 Date Last Full Year Company Period Announced Net EPS Gross Net last year (cents) DIv. Profit <%) <$1«) Killinghall Tin F 24/2 28.7(a) 35.7(a) 8,026 Ganda Hldgs F 4/3 1.287L Lingui I 10/3 2.3 4.0 441 MBF Hldgs F 11/3 7.0(a) 7,161 Keppel Ship F 17/3 57.2 25
      326 words
    • 414 13 FT CHINA'S Foreign Minister Mr Wu Xuegian said be regretted the derision by Jardine, MiUmmo move Its headquarters Irani Hongkong and guaranteed that Hongkong wonld remain prosperous after ltn, when Britain's lease over moat of the territory expires. He dismissed suggestions thnt Jardlne, Matheson's decision had
      FT  -  414 words
    • 1074 13 GENERAL LUMBER RALEIGH Cycles (M) Bhd's bid for timber-based company General Lumber has stirred up interesting discussions in investment circles on the former's intentions as well as the latter's response. Corporate sources pointed out that on the surface the terms of the deal
      1,074 words
    • 23 13 CARLSBERG Brewery Malaysia Berhad: Fourteenth AGM to be held at Ladang Perusahaan Shah Alam, Selangor on April 16 at 11 am.
      23 words
  • Page 13 Advertisements
    • 144 13 /sign of ft c^od If service W For details write to Lombard North Central PLC Banking Services. Dept 510 17 Bruton Street. London WIA 3DH England Telephone 01-409 3434 NOTICE NOTICE IS HEREBY GIVEN that, I Quek Ah Chong of No. 27, Jalan Chengkek Singapore 1336 have applied for a
      144 words
    • 134 13 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 11th April, 1988 of: EUROPEAN ASIAN BANK 50, Raffles Place, Singapore 0104. We hereby certify that the rate of interest payable on the above mentioned Certificates of Deposit for the interest Period beginning on 6th April,
      134 words

  • Chief Price Changes
    • 173 14 Rises San 320 291 Mentakab 1490 90 Riverview 860 70 Duff Dev 505 65 Utd Malacca 850 40 Kamunting &0« 720 35 Raleigh New Serendah 560 35 390 30 Eaao 1300 20 K T Pau 1250 20 Lien Hoe 835 20 Dutch Baby 650 20 Nat Iron 620 20
      173 words
    • Article, Illustration
      156 14 Rises Castlefield 3300 300 J Kuantan 1720 120 Bukit Katil 1050 100 B Lintang 700 70 Utd Malacca 950 70 Sungei Besi 1020 70 Duff 550 54 Inch Kenneth 2650 50 B Kawan 530 44 Austral Ent 640 40 Falls Parit Perak 4600 -800 P Chem 1850 -100
      156 words
    • 50 14 H.K.HANG SENG Wednesday 750.6 Week Ago 744.9 Thursday 1083.67 FINANCIAL TIMES Wednesday closed Week Ago 1057.09 INDUSTRIALS AUSTRALIAN INDUSTRIALS Wednesday 857.8 Tuesday 859.2 Week Ago 875.2 Thursday 976.6 Wednesday 969.8 Week ago 966.1 DOW JONES AVERAGE INDUSTRIALS ALL ORDINARIES Wednesday 1148.56 Tuesday 1148.76 Thursday 755.7 Week Ago 1174.62
      50 words
  • 329 14 THE much-vaunted merger between Supreme Corp and Textile Corp of Malaya has been approved by the Malaysian Foreign Investment Committee subject to some changes. Textile Corp's proposed acquisition of Bukit Ritan Realty will now be satisfied by the issue of 18 million new Textile Corp shares valued
    329 words
  • 567 14  -  ■HE Companies Editor: ALAN LEE By NAJEEB JARHOM INDUSTRIAL Oxygen Incorporated Bhd is venturing into plantations in a big way under its new chairman, ex-Malaysian transport minister Datuk Lee San Choon. The company announced yesterday the acquisition of another rubber estate, Triang Estate Sdn
    567 words
  • 148 14 Reuter CHEUNG Kong Holdings Ltd is likely to report 1983 net profit of between HKJ43O million and $500 million. The results are due today. Analysts noted company chairman Li Kashing said in the 1963 interim report that earnings for the year would be no less
    Reuter  -  148 words
  • 689 14  -  By AMY CHEOK UNITED Overseas Land is still incurring losses on its investments in Goldhill Developments (Pte) Ltd, the developer of Goldhill Square. In UOL's books, GDPL incurred an after-tax loss of about $14.1 million. United Overseas Development Ltd, a 99.9 per cent subsidiary
    689 words
  • 685 14 Taking Stock... By Hock Lock Siew IT WAS clear from the beginning that Raleigh Cycles would never settle for a 5 per cent share in General Lumber. So its share swap offer announced on Tuesday of one Raleigh share for two General Lumber shares plus a cash
    By Hock Lock Siew  -  685 words
  • 233 14 VENEER Pradacte Ltd will invest $46 million to develop a warehouse in China through its Hongkong subsidiary, Shenzhen Sungang Warehouse Enterprises. BON VESTS Hridiags Lid's shareholders have approved the purchase of the property at Lot 153-25 Mukim IV, Queen Astrid Park. GENERAL C«rp*r»ttM Bbd's register of members will
    233 words
  • Page 14 Advertisements
    • 105 14 London stocks in page 11 FOR SALE Cocoa Processing Plant The assets of a cocoa processing plant comprising leasehold property and machinery are available for sale en-bloc as a going concern. The plant has a production capacity of 27,000 metric tons of cocoa beans throughput per annum with potential to
      105 words
    • 56 14 This announcement appears as a matter of record only. NEW ISSUE MARCH 1984 HANIL BANK KOREA HEAD OFFICE U5520,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 31st March 1987 Lead managed by DAIWA SINGAPORE LIMITED Co-managed by KDB INTERNATIONAL (SINGAPORE) LIMITED SAITAMA INTERNATIONAL (HONG KONG) LIMITED TOKAI ASIA
      56 words
    • 3 14 See page IS
      3 words
  • Page 14 Miscellaneous
    • 60 14 OUTLOOK for today: Afternoon and evening showers over several parts of the city. Report for 24 hoars prior to 7.31 pm on April 5 at the airport: Maximum temperature 32.6 Associated humidity 62 Minimum temperature 24.7 Associated humidity 97 Hours of sunshine 6.85 Rainfall in millimetres Trace Total rainfall for
      60 words

  • SHIPPING TIMES
    • 154 15 AFP SOME 26,000 unionised harbour workers across Japan plan a 24-hour strike on Monday in a dispute over wages and job security, a Japanese union spokesman said yesterday. The planned strike, called by the All Japan Harbour Workers* Union, appears inevitable as the Harbour Transportation
      AFP  -  154 words
    • 155 15 AFF THE United States extended its complaint about what it called Japan's unfair economic practices to the field of shipping when transport officials of the two countries opened a meeting in Tokyo. Officials of the US Transportation Department demanded that Japan give equitable treatment to
      AFF  -  155 words
    • 645 15  -  By G DURAIRAJ SHIPPERS have come out in full support of the government's decision to designate Johore port as a free trade zone to enhance the utilisation of the port and also to reduce Malaysia's dependence on Singapore port. The government
      645 words
    • PORTSIDES
      • 143 15 Reuter INDIAN shipping companies have switched to minor ports unaffected by a national dock workers strike in a bid to move cargo held up by the 20-day old dispute, a spokesman for the Indian Transport and Shipping Ministry said. He said ships have started sailing to
        Reuter  -  143 words
      • 31 15 Reuter THE Far East/Canary Islands and Western Sahara Freight Conference said ports in the Republic of Cape Verde will be included under its jurisdiction effective April 6. Reuter
        Reuter  -  31 words
    • 819 15 Shipping Line Page C*l Shipping line Pue C+l Abrx Transport IV 4 Evergreen IV VXD vn VI 3 AC Toepler AIM Ahrmklel Liner VI 1 VI 3 vn 5 Fargo Shpg Fesco FMG-CAVN 1 4/5 1 Alpac Anura Shpg A PC Line VI 5 IV 1 V
      819 words
    • 346 16 A NEW gate complex with direct road access and automated scales for four truck shipments at one time was recently opened at the Port of Oakland's Charles Howard Terminal. Located at the foot of Market Street in the Port of Oakland's inner harbour area,
      346 words
    • 366 16 macgregor-navire (MGN) is supplying two roll-on/roll-off bridge ramps for a link span forming an important part of the port of Rotterdam's new multi-purpose terminal currently under construction for Seaport Terminals BV. The link span, designed to service two ro-ro vessels simultaneously, will be installed by
      366 words
    • 77 16 AFP A JAPANESE boat, the 9,745-ton Nippon Maru, carrying 20 Chinese and 500 Japanese children arrived at Tokyo port on a friendly exchange programme on Wednesday. The Chinese boys and girls were from Tianjin in northern China and came at the invitation of a private Japanese foundation, the
      AFP  -  77 words
    • 1793 16 CHARTERING was generally quiet on the freight market on Wednesday with rates for grain fixing showing small irregular movements where changed, shipbrokers said. A vessel was secured for grain from the US Northern Range to South Africa at U5517.15 against $17.25 previously while a 25-cent gain was seen
      1,793 words
    • 196 17 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
      196 words
    • 329 17 Lloyd's List THE major rescue package for troubled shipping line Brostroms has been approved by the Swedish government after several months of negotiations. Central to the plan is the transfer of Brostrom's liner shipping division to rival Swedish shipowning group Transatlantic in exchange for
      Lloyd's List  -  329 words
    • 344 17 FILIPINO shipping companies which handle the recruitment of seamen for their own oceangoing vessels now need to secure a manning agency licence. The Philippine Overseas Employment Administration (POEA) has made it compulsory for companies engaged in overseas shipping to register and get
      344 words
    • 282 17 AFP THE 1984 rate of scrappage throughout the world among bulk and combined carrier vessels is running some 10 per cent higher than last year's rate which totalled 5.1 million deadweight tons over the 12 months, the london shipbrokers Eggar Forrester said.
      AFP  -  282 words
    • 77 17 JAPAN is to build a fishing research and training vessel for the Nigerian Institute of Oceanography and Marine Research under a loan agreement signed in Lagos on Tuesday. The U552.25 million agreement, signed by External Affairs Minister Dr Ibrahim Gambari and Japanese ambassador Wataru Miyakawa.
      77 words
    • 5463 22 SCHEDULE 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
      5,463 words
    • 786 23 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Location E Grade *****W 6.4.84 2359 Green Asia FSB 1000-1200 N4 B Angsana ***** 7.4.84 0700 Leo Shpg FSB 0900-1100/1700-1900 HI Ratana Bhum *****3 7.4.84 0700
      786 words
    • 1776 23 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies <S) Alrt-Kirui» Uae Transgroup (S). Ahreaklel liner ServW Kim Shpg (S) Alfred C Tarpfer Sea Consortium (S) Marintex Enterprise (PK). AlpM Intrasea (S) Bintang Shpg (KL) Island Cargo Handling and
      1,776 words
    • 443 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Argolikos 15/6 Straits Tptn alongside 6.4.84/2300 Campanula 25 Sankyo alongside 6.4.84/0600 Da Sha Ping 1/2 Y Fung alongside 6.4.84/0100 Kim Soon Li 22 TSoon alongside 6.4.84/0700 Maria Makillng 35/6 Sankyo alongside 6.4.84/1200 Straits Hope 21 SSPL alongside
      443 words
  • Page 15 Advertisements
    • 406 15 i iiTsai» j j, x?KUi? IA R DIM \\l \ll OOCL I Orient Overseas CvdoUw Line FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ TO/FROM KORTH AMERICA WEST/EAST COASTS l Beach Chton NYC 28 4 10 5 13/5 (NB) Batt Chton lb S l» b 20 5 8 4 28 4
      406 words
    • 404 15 SEALORD -t p-< ii i UASC NITED ARAB SHIPPING CO (SAG NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE ROM JAPAN TAIW AN HOV.KOM. •QMS V 4 MftlTftH HM V t* MNMH V 7* 0 CttlMG GOT* HAMT» TO*
      404 words
    • 894 15 TIMES ItusiiH'ss l)iiv< lory I of Sin&n>orc J (BUMJ MKRAH) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE n* MAERSK LINE EXPORT FULL CONTAINER SERVICES ll 111 M RANDO 1 II n M RANDO M RANDO M RANDO jm MRS tCorneia connecting Laura at Hkg TO: BELGIUM, HOLLAND. UJC.. GERMANY,
      894 words

  • Page 16 Advertisements
    • 330 16 Jum FAR EAST/EUROPE CONTAINER SERVICE From Europe S'port l>MseaWes] 2) Rdam I 3) H'burgl 4) Gburg I I VESStI I 1) Gtwg 12>Hbt»rg I3)Swn U) I5)It H I P Mm Acctptotg fm 1) Barcelona. Genoa 2) Amsterdam. Antwerp. L Ha»re. Basle. UK, 3) Bremen. Bremeiha»en Aartius Copenhagen. Heteinti 4) Malmo.
      330 words
    • 593 16 Jakarta Nedlloyd takes the Kiwi route from Southeast Asia to New Zealand We named this direct route from Southeast Asia to New Zealand after the kiwi, the small bird with hair-like feathers that's unique to New Zealand. We have been plying this route for over half a century. Our name
      593 words

  • Page 17 Advertisements
    • 835 17 The Straits Steamship Group OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok HMMKEIRKS KM* UT KM MM KIT MO MAM CMOKM UT FUWFWT express LIVERPOOL UT OREICN EXPRESS C EMS ALSO ACCEPTING CARGO FOR: Hart Mit to Copenhaten Aartus. Gottwnbwt. I SaM«| Rotterdam to
      835 words
    • 637 17 CONTAINERS FOR SALE Good condition secondhand containers 20' 40' for sale at realistic prices. Please call: *****87 PHILIP/JULIA for more details. Franco Belgian Services pjo bur hast hrench Service With Helfiinn bur has tern Lines Mm Mffhfi ot Ace Consortium^ CHARGEURS HA VRAISE MEDfX LINE CHARGfURSIIEUNR SEI4 CONTIUNERISED SERVICES >0
      637 words

  • Page 18 Advertisements
    • 698 18 EXPORTS I Kamakisa Mwu Mimtkjr j Eipress Osaka Bar Benaron Kitano Maru Car<*gan Bat Frantfwt Eipress Liverpool Bay S pore P Mang S lon Hburg 8 haven Rdam If Havre An I wet p S pore P AeiangPen Bilbao Genoa Hburg Rdam 8 haven Antwerp Renee Rs 8/4 10/4 12/4
      698 words
    • 347 18 FULLY CONTAINERISED SERVICE TO EUROPE Vl* SUEZ 1 oUJwAceCowortun C CONIAKR n* OtVAIM 105 »W WPTIM GAJtfCT 19* FROM FULL* EUROPE Vl# SUEZ A Memoet ol the Ate Comwtum CONTAINERISED '0 fROM NORTH AMERICA {AST COAST CONVENTIONAL SERVICE To/From BUSAN AGENTS STORE CROWN MARK CO (PTE) LTD TEL *****5S (4
      347 words
    • 564 18 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG FCI t ICI CARGO FOR m NK fll ROM ANW IHV f.e.Gr*te MP* 07/04 77/14 20,04 01/05 2/05 405 (fflMri 17/04 11 04 OS, OS 11/05 11/0S 14,05 10 05 E,erGu*d 2V04 2( 04 17/05 19/0% 21/05 22/05 24/05 l»er Gtorr 07 05
      564 words
    • 1191 18 Everett Lines COMPANIA PERUANA DE VAPOREES (C.P V "PERUVIAN STATE LINE" l .Kim t«i I jllj, Mjtarjru Ik' and ill other Peru»iai ports »rtn tran<ji,p«iec! a' M and u < Ketr •it i PV Itifi ufti (W!\ ot laifrnf lp trnai destination Penary P. Mat* Seaport JOHNEVERETT 19/22 Apr 23/24
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    • 283 18 EagjgSgliMßaßlggggßS^gjgg=sSH HSINOSE MARITIME PTE LTD KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC KYOIW COSMOS 23/4 P Keiant loaiinf far: Noumea, Lautoka, Suva. Papeette. Pafo, Apia, Nauru 24/4 Lae, Rabat! P. Moresby. Kieta. Honiara. Noumea, Lautoka. Suva, Papeette, Pajo. Apia FULL CONTAINER SERVICE TO MICRONESIA/ SOUTH PACIFIC via KOBE Feeder
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  • Page 19 Advertisements
    • 867 19 •J 1 f f w PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE SINGAPORE LOADING FOR: KOTA MEGAH E-495 12-16/4 MOMBASA, HODE KOTA WANGSA E-501 20-24/4 HODEIOAH, JEDDJ KOTA WISATA E-49S 29-31/4 HODEIOAH, JEDDi KOTARAKYAT E-503 2-5/5 HODCIDAM, JEDDJ ACCEPTING CONTAINERS TO HODEIDAH/AQABA/PT.SUDAN/MOGADISCIO LOADING FOR: MOMBASA, HODEIDAH, ADEN, JEDDAH, AOABA. PT.SUOAH
      867 words
    • 904 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE FROM EUROPt HAM Hanfairg EipTets Med Tolut Eipress SaOed Osaka Bj» Sadet) Benaegn SiM Mano Mara Saded Kasuga Miru 7/4 Cardigan 6a» U/4 Frankfurt fipress 11/4 Tokro Ba. 20/4 HOAAiMAWE UK Sated Sated Sated Sated Sated Sated Sated Sated Sated Sated Sated
      904 words
    • 584 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Wt ARE ACCEPTMG BOTH CONTWOS. CONVENTIONAL CARGO AND BULK LIQUD CARGO FOR BOTH MPORTS AM) EXPORTS AND ALSO TO/FROM UK MLAND PORTS. BREMEN. LE HAVRE. OSLO. COPENHA GEN. AARHUS. GOTHENBURG Aaents Singapore EKA JAYA AGENCIES Telephone *****2 Termmai 223t>664 W Malaysia SISAL PTE LTD TEI
      584 words
    • 652 19 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon phashwegyawywa PAGAN V 73 PA AN V 69 HTONEYWA VI9I Spore 6/8 Apr 12/13 Apr 16/18 Apr 17/20 Apr P Kelong Penong lnPort/sApr 9/10 Apr BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT FORTHBANK I Soiled I
      652 words

  • Page 20 Advertisements
    • 699 20 USA CANADA •A IV LINI —KAWASAKI KISEN KAISHA. LTD.AISO ACttfTHG MONTREAL. TOMNTO AND OTHEA US MCfIC GULF ATLAMTIC POUTS N N.AND PORTS ATLANTIC COAST SAVANNAH PUELPHA BMORE 28 May 26 May 29 May 15 )un 13 Jun ALSO ACCEPTING SHANGHAI. HSJNGKANG. TSINGTAO, MOM. NAHA, SHM2U VIA KO6E FAR EAST PKLG
      699 words
    • 343 20 a/« 14/5 JARDME SHPPMG AGENCIS (Ref. *****4/ 00K) 70 SHtNION WAV *04 03 MAMNA MOUSJ SMGAPORf 0707 rtl ***** UIU MO RS ?41« CfS OfC ?nd (l> IPC Uml ?30 let and ???06s? I Minimi oh ?nd door IPC Unit ??9 let ????690 IC CHAR CHING MARINE CO LTD i
      343 words
    • 553 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BBULK SERVICE lo«tn( to. LOS ANGEIES SAN FRANCISCO SEAIUE lACOMA VANCOUVER BC Acceptmf FCI FCI Contamm JAPAN SERVICE lot TototMITU Na(ota Osaka Mdii Mm cafc lamaa S lo>fj Penang P Manf> Singapore loading lor WSHWYASH 9 Apr IG Apr 11 I? Apr •lob' Veto RAVDAS
      553 words
    • 634 20 SANKO ASIA FROM JAPANESE PORTS ANO HONGKONG BRITMAR LIMITED A NORTH BRITISH MARITIME GROUP COMPANY M.V. BRAINPOWER BRITMAR V 3 SPORE PG 10 APR 28 APR 3 MAY Loading for: Jeddah Jeddah. Port Suez Alexandria AGENTS: TAISIN SHIPPING PTE LTD WORLD TRADE CENTRE 1 MARITIME SQUARE #12-18 SINGAPORE 0409 TLX.
      634 words
    • 533 20 INTRASEA (PTE) LTD. 10 Anson Road »27 16 International Plaza Singapore 0207 Tel *****1 1 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK Spore P Kelanj Loadnj for VARI *****03 7 Apr 10 Apr SETE/fDAM UK (AVON) SUPPER N *****04 2« Apr 27 Apr R DAM/ANTWERP BOULOUGNE UK (AVON) I ALPAC LINE
      533 words

  • Page 21 Advertisements
    • 843 21 NOL NEPTUNE ORIENT LINES LTD I TO FUROPE/UK (VIA SUEZ): Also accepting cargo to from Scandinavia C CONTAINER S pore Closing Times FCL Cargo 1200 12/4 LCI Cargo 2359 11/4 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: tßunga Jayakarta Anro Anro Angsana Asia Temase SURABAYA Sailed JAKARTA In Port
      843 words
    • 578 21 HEUNG-A SHIPPING Korean Flag Vessels SERM-COMTAIMERISED DIRECT SERVICE TO: BANGKOK. KEELUMG. BUSAH, IMCHOM )HUI No 6 iMjm 40?K Nu Po<um 40 iN No I Dwam 4li tN Gloria 403N No 9 Dn»am 40IN n 1 INCHON BUSAN ?b 4 18 1 5 19 5 17 5 I SEMI-CONTA4NERISED DIRECT SERVICE
      578 words
    • 1104 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P RfIANG M S SHARIKAT WAH SOON SON BHD IST AND 2ND FLOOR NO 1 lAIAN CEMPINING PORT KLANG
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    • 31 21 ahrenkiel liner service gmbh DURBAN JOHANNESBURG.MAPUTO. MAURITIUS REUNION Agents: Kim Shipping Trading Pte Ltd 63 Market Street =08 06 Tat Lee Bidg S pore 0104 Tele* RS ***** KIMTRA Tel *****8
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  • Page 22 Advertisements
    • 731 22 ltc<|i<Mial ftinfniiicr Lines 2 Sailings Weekly Reliable Regular Punctual Berthing PS A 1500Hrs Tuesday Saturday REGULAR FEEDER SERVICE TO PHUKET/SONGKLA VOY STORE RATANABHUM 175/110 13 Apr tel S7.SGAPORE ISLANDS USE MIDDLE EAST REGULAR LINER Spore PK OVER WAVE 11/12 Apr •ASIAN FALCON 28/30 Apr KIISU ISLAND 12/16 Mar •Heavy 6tt
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  • Page 23 Advertisements
    • 104 23 CGM^r LICOIINH GENERAL AGENTS SEALION SHPPING (S) PTE LTD. SINGAPORE SALES/BOOKMGS TEL *****51 (S LUES) French Line REGULAR SEMI-CONTAINER SERVICE TO BANGLA-DESH/INDIA/SRI LANKA/PAKISTAN STORE CMTTAGONG IHALDIA-CALCUTTA M/V ARTOIS V4IS4 M/V ANJOU VSLS4 M/V ARMAGNAC V6LS4 DIRECT FULL CONTAINER SERVICES amm tarns ORIENT Al SfAWINOS lINER AGENCY PTE lID SINGAPORE TEL
      104 words
    • 327 23 .r Nedlloyd Lines Loading for: CENTRAL AND SOUTH AMERICA EAST COAST SOUTH AMERICA VESSEL S'PORE IP. LOUIS STOS P'GUA R. GRA M'DEO B.AIRES 'Aconcagua 1/5 Opt 24/5 NLeuve 30/4 9/5 26/5 2/6 4/6 7/6 9/6 N Ling* 26/5 7/6 21/6 30/6 4/7 7/7 8/7 N Loir* 30/6 8/7 23/7 31/7
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  • Page 24 Advertisements
    • 27 24 I(YC LINE (SJ PTE. LTD. Vmti Sinfapore Destination OEBftAIMAS )0Y 12/4 CHtTTAGONG 10 Coilf»r Qiij* "10 OS Ocean Budding Smjapwe 0104 let 9136// le!«i RS ?8163 MrCI
      27 words
    • 29 24 IMKOV SHIPPING CO. PTE. LTD. Tel Nos *****72 4 SINGAPORE SAIGON ETA ETD MV NHA RONG 1/4 12/4 SINGAPORE FREMANTLE (DIRECT SERVICE) ETA ETD MV "lANNE COAST 20/4 22/4
      29 words
    • 606 24 1* C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FIIUV CONTAINERISED SERVICE 10 EUROPE (VM SUEZ) SpoicPKUnf Rdim (slo»» H'bwf Bitm Untune SEVEN SEAS BROGE 4SW In Port 7/4 25/4 26/4 2i/4 30 4 3.5 5/5 CHINA CONTAINER ?5W 13/4 14 4 2/5 1/5 5/5
      606 words
    • 562 24 HEAP SENG TRADING SHIPPING PTE. LTD. 13-01, 13th floor. Golden Mile Tower, Beach Rood, Singapore 0719 Tel *****44 Tlx R*****2 HEAPCO SINGAPORE TO PHUKET/WEST MALAYSIA SERVICE STORE P. KELANG PI HANG PHUKET LANGSA V49/«4 MPt/7 Apr 10 Apr LANGSA V 5084 13 Apr 15 Apr 17 Apr FULL CONTAINER SERVICE
      562 words
    • 760 24 r Z I M NON-CONFERENCE ROEPEWENT FULL CONTMO SERVICE accepting FCI/LCt cargoes to USA East I Nest Cms!. Panama Carribbean and East Canada Ff*d*t VWi Sm lu Kit S f«i Mh Ml mil W»t Tit a wssii m am* s Apr 21 Apr i Miy 10 Mir i? Mir h
      760 words
  • Page 24 Miscellaneous
    • 188 24 m ss (AV m 41% m JK */A 2$ s r sa EV sfc r- K ir S3 Bi l--n mZ h *> r s or: 13 at' c Win< Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R
      188 words