The Business Times, 12 April 1984

Microfilm: NL14456
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 THURSDAY, APRIL 12,1*84 60 CENTS
    11 words
  • Article
    Top marks for airport shop, SIA and hotel
    419 1  -  By SOH TIANG KENG SINGAPORE has won the hearts of business travellers in a worldwide survey conducted by Euromoney, the up-market London financial magazine. The magazine's 1984 Business Travel Survey shows that: Changi International Airport has the best dutyfree shop among the
    419 words
  • Article
    Lock icon Manila gets third moratorium on debt
    138 1 Reuter FOREIGN banks have given the Philippines a third 90-day moratorium on repayment of its US$25 billion debt. Senior bank governor Gabriel Singson said yesterday that approval was relayed by Manufacturers Hanover Trust, which heads a 12-bank advisory committee representing 450 creditor banks. The
    Reuter  -  138 words
  • Article
    Kawasaki clinches it on price
    534 1  -  MRT ROLLING STOCK CONTRACT AWARDED By WANG LOOK KEAH Transport Correspondent A VERY commit! price won Kawasaki Heaw as'ries the rolling stock contract Singapore's mass rapid transit sy- _m. The J; K nese company offered a fixed price if $581.5 million to supply the MRT
    534 words
  • Article
    CPIB investigating bogus telex message
    355 1 A BOGUS telex message apparently aimed at sabotaging the chances of the Met r o-Cammell/ Singapore Automotive Engineering combination's tender for the MRT rolling stock contract is being investigated by the CPIB. The telex, dated Feb 13, was received by the Ministries of Finance, Communications
    355 words
  • Article
    What a difference a day makes
    423 1  -  BY JAIME LYE LEAP year has proved lucky for the tourist industry. Thanks partly to the extra day, February saw a marked increase in number of visitors to the Republic. But any hopes for a return to the days of the tourist boom some
    423 words
  • BRIEFLY...
    • Article
      Lock icon Investment in Johore
      75 1 Bernama SINGAPOREANS have so far established factories with investments totalling MJI2O million or about 50 per cent of the total investment in the Pasir Gudang industrial estate in Johore. Johore State Economic Development Corporation deputy general manager Johari Haji Mohamed said yesterday that of the 88 factories
      Bernama  -  75 words
    • Article
      Lock icon Equipment deal
      62 1 Reuter A CONSORTIUM led by Kloeckner Industrie-Anlagen's Canadian unit, Kloeckner Stadler Hurter Ltd, Montreal, signed a contract to supply engineering and equipment worth US$335 million for a turnkey paper and cellulose plant in Malaysia, a Kloeckner spokesman said on Tuesday. The plant, with a total investment of $500
      Reuter  -  62 words
    • Article
      Lock icon Sentence upheld
      55 1 AP THAILAND'S Supreme Court upheld yesterday an appeals court's six-year sentence for a Roman Catholic priest accused of killing his mistress and hiding her body in a cathedral library, a court official said. The official said the Supreme Court also fined the Reverend Paiboon Luangsoithong, 43, to U5543.40
      AP  -  55 words
    • Article
      Lock icon Vietnamese targets
      62 1 AP CHINA said yesterday that its frontier forces shot at Vietnamese targets earlier this week, but claimed Vietnam's border gunners fired first. "Recently, the Vietnamese authorities have stepped up their armed provocations along the SinoVietnamese border. The Chinese frontier guards were compelled to return fire and their action
      AP  -  62 words
    • Article
      Lock icon Chernenko elected
      72 1 Reuter USSR Communist Party leader Konstantin Chernenko was yesterday elected to the post of state president at a meeting of the Soviet parliament. A joint session of the two chambers unanimously endorsed a proposal that Mr Chernenko be made chairman of the parliament's presidium, the official title of
      Reuter  -  72 words
    • Article
      Lock icon Virata for US
      72 1 Reuter PHILIPPINE Prime Minister Cesar Virata will fly to Washington early next week to resume talks with the International Monetary Fund (IMF) on a US$63O million standby credit for the Philippines. His aides in Manila said yesterday that Mr Virata will also go to New York for
      Reuter  -  72 words
    • Article
      Lock icon Payment for witness
      64 1 Reuter A KEY prosecution witness in the drug trial of US carmaker John de Lorean has been paid US$l5O,OOO by government officials. Assistant US Attorney (Prosecutor) Robert Perry told prospective jurors yesterday that the witness, government informant James Hoffman, was paid $100,000 for living expenses and $50,000
      Reuter  -  64 words
  • Article
    Transfer of technology to National Iron
    162 1 KAWASAKI Heavy Industiles intends to appoint Nattoaal Iran aad Steel Mills as Its local sub-contractor far Ike ralttag stock eontract. No official agreement had earlier keen signed as It was aat obligated to da sa on til It wan the contract. Kawasaki could aat
    162 words
  • Article
    Lock icon Aussies deny spy claim
    38 1 Reuter CANBERRA yesterday rejected Soviet claims that Australian diplomats in Bangkok were involved in an alleged US spy plot, and countered that the Soviets had tried to cultivate one of its junior diplomats. Reuter
    Reuter  -  38 words
  • Article, Illustration
    Lock icon Nakasone's choice causes controversy
    259 1 AP JAPANESE Prime Minister Yasuhiro Nakasone yesterday appointed a close associate of scandaltainted former prime minister Kakuei Tanaka as his party's vice-president. Mr Nakasone said he appointed Mr Susumu Nikaido as vice-president of the Liberal Democratic Party (LDP) because "he is a person who goes beyond
    AP  -  259 words
  • Article
    Mexican bank to close offshore branch
    318 1  -  By ALVIN TAY A THIRD offskore kuk loi to pall out of Singapore, bat Its drpartarf will hardly create a rippie on Ike local flaaadal scene. MuMhaaes Cornermen aa■>wd yesterday that It mM be dMtag tto two-year-old Stogapore braach. The etooare Is part of
    318 words
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      Page 1 Advertisements Column 1
      229 1 Budget rent a car I Orchard *****11 Katong: *****11 msm TOTAL fitness for business executives is the aim of the latest member of the health club industry in Singapore Page 2 JAPAN more than doubled its trade surplus with the rest of the world in the financial year which ended
      229 words
    • Advertisement
      Page 1 Advertisements Column 2
      62 1 BEIT BUSINESS OR PERSONAL You're sure to find our approach refreshing in your search for computers. At Microage Computer Systems, our satisfaction is helping you see beyond mere hardware, to workable solutions to your problems. Let us help you. Be it Business or Personal. Microage Computer Systems Pte Ltd 7500
      62 words
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      Page 1 Advertisements Column 3
      109 1 the one and only Dr. Sony any day of the year *****1 The Sony Service Centre Kawasaki profile...page 3 Editorial...page 8 BALLY of Switzerland meets the challenge of today. Elwood Edward The Best of BALLY is to be found at the following authorised BALLY dealers. Bally Boutique Branches Champion Shoe
      109 words
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  • HOME NEWS
    • Article, Illustration
      Place where executives can get worked up — healthily
      415 2  - Place where executives can get worked up healthily By JEFFREY TSANG TOTAL fitness for business executives is the aim of the latest member of the health club industry in Singapore. Castles Fitness Systems Consultancy (CFSC) recently announced an addition to its group. Opening next week, Dynami will have $750,000 of
      415 words
    • Article, Illustration
      S'pore plays big part in LTX's growth in the region
      251 2  -  By JOANNE YAP LTX Corporation, a USbased manufacturer of computerised test equipment used in the semiconductor industry, has found Singapore to be an important contributor to its growth in Asia. When the regional office in Singapore was set up two
      251 words
    • Article
      Crunching up $70m worth of fruit, vegetables
      431 2  -  By BOEY KIT YIN SINGAPOREANS consume about $70 million worth of Australian fruits and vegetables a year. This means $28 worth for every person on the island. In the first 10 months last year, we consumed more than $60 million worth of Australian
      431 words
    • Article
      New health record book
      135 2 THE Ministry of Health has revised a health record booklet which has been used by nearly all women attending the government Maternal and Child Health Service centres. This publication, now called Health Booklet, contains important medical information on the mother, during her antenatal and delivery period,
      135 words
    • Article
      MEMO PAD
      712 2 SEMINARS AND COURSES April 9-13: Introduction To Pneumatics, 28. Third Lok Yang Road, Festo Kg April 11-13: Paperwork Simplification, Thong Teck Building, Singapore Institute Of Management April 11-13: Account Development Strategies, World Trade Centre, EDI Associates Pte Ltd April 12-13: LPG Marketing, Distribution, Safety And Training, Shangri-La Hotel,
      712 words
    • Article
      Setting up more software centres
      325 3  -  By JOANNE YAP MORE computer software development centres may be set up In Singapore in the coming months. The National Computer Board had been holding discussions with industry leaders to increase the number of these centres, said chairman Mr Philip Yeo when he opened the
      325 words
    • Article
      Sisir inviting public comments
      212 3 THE Singapore Institute of Standards and Industrial Research (Sisir) has invited comments from the public on the following before they are approved as Singapore Standards: a Spedflcatlua far rubber glcvei far electrical purposes. The standard specifies requirements for seamlesstype rubber insulating gloves used for protecting workers
      212 words
    • Article
      Investors rooting for reduction in corporate taxes
      449 3  -  By CHEN QINGSHUN INVESTORS in Singapore and Malaysia are hoping that the corporate tax rate of 40 and 45 per cent respectively will be reduced in the years ahead. The move will improve the competitiveness of companies in these countries against those of,
      449 words
    • Article, Illustration
      Full steam ahead for Kawasaki
      355 3  -  By LIM SOON NEO KAWASAKI Heavy Industries Ltd started off as a shipbuilder in 1878. Today, the Japanese giant is one of the largest and most diversified heavy industrial concerns in Japan, with total assets of U554.39 billion. In the fiscal year 1982, it had
      355 words
    • Article
      SSA rules against public use of names
      188 3 THE Singapore Society of Accountants (SSA) has told its members in no uncertain terms that they are not to use their firm's names in conferences or seminars as this might just smack of advertising. The council will only permit a member participating in
      188 words
    • Article
      How it affects ASEA, Metro-Cammell
      497 3  -  By RAY HEATH FAILING to win MRT Contract 151 is inconvenient for the ASEA Swedish engineering giant. For the British Metro-Cammell group, being joint second is more serious. A director of the parent Laird Group said in London yesterday that when news of the failure
      497 words
    • Article
      Ministry of Labour relocates two departments
      68 3 THE Mlmtetry of La bear has relocated two af its departments. Fran this weekend, the Syment Service Deeat will be at 78 p Street The Head aad Deputy Head af the service can be reached at tetepbaae numbers S3MS47 aad S3t4&M respectively. Pram April
      68 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      137 2 THE ART OF ENGINEERING V! z -mr* mtm D. The Audi 100 has opened up new perspectives in automobile engineering. Setting new standards in aerodynamics, spaciousness, fuel economy and comfort. An achievement, which cars will be measured against, for years to come. Make an appointment to test drive the Audi
      137 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      189 3 Keck Seng Tower is now ready for immediate occupation Share this same address with these distinguished names... Malayan United Bank Bhd (Singapore Branch) Thai International Airways London Guarantee Reinsurance Co Ltd Construction Industry Development Board SSC&B/LINTAS (SEA) And Others A strategic location at 133 Cecil Street in the heart of
      189 words
    • Advertisement
      Page 3 Advertisements Column 2
      93 3 Si liri'i SPORTthe last frontier for fashion Courreges loves sports more than any other designer We dream of the freedom. colour and spirit of nature in action With active and practical style Courreges Sport Futur brings you the sports clothes Tennis, golf, water sports and general sportswear Now Courreges is
      93 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    657 4 ARRIVALS Service Local Operator Number Time From CAL CI009 0040 TPE PAA PA5 0225 JFK SFO HKG SLA SQ43 0750 DHA MAS MH681 0820 KUL TMA TL351 06% BEY DXB MAS MH601 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN RBA BI421 1000 BWN SIA
    657 words
  • OVERSEAS
    • Article, Illustration
      Lock icon Mondale scores win over Hart in Pennsylvania
      470 4 Mnariai'M Reuter WALTER Mondale beat Gary Hart in the Pennsylvania primary election, romping ahead in the race for the Democratic presidential nomination and leaving his rival groping for ways of making up for lost ground. The former vice-president scored a decisive win over
      Reuter  -  470 words
    • Article
      Lock icon Japanese chalk up record US$23.3bn trade surplus
      421 4 Reuter JAPAN more than doubled its trade surplus with the rest of the world in the financial year which ended last month. The Finance Ministry in Tokyo said yesterday that Japanese cars, stereo equipment, video tape recorders and machine tools led the surge
      Reuter  -  421 words
    • Article
      Lock icon USSR uses military aid as tool, says US
      518 4 Reuter THE Soviet Union uses military aid to the Third World as a major tool of policy, exporting more arms and sending more military advisers abroad than any other country. The US Defence Department in Washington said yesterday that since 1978, Moscow
      Reuter  -  518 words
    • Article
      Lock icon HK talks enter 12th round
      376 4 Reuter CHINESE and British officials began a 12th round of formal talks on the future of Hongkong yesterday, the last before crucial political discussions next week between foreign ministers of the two countries. The delegation heads. Assistant Foreign Minister Zhou Nan and Ambassador Sir Richard
      Reuter  -  376 words
    • Article
      Lock icon Brazil seeks better refinancing terms
      475 5 FT BRAZIL'S Planning Minister has said that the successful implementation of the country's economic adjustment programme means it should now be entitled to more generous debt refinancing terms from its commercial bank creditors. "We're asking the banks to look at what we've done and understand
      FT  -  475 words
    • Article
      Lock icon Sterling rate may fall
      424 5 Reuter THE anticipated drop in United Kingdom North Sea oil output in the coming years would probably mean a lower real sterling exchange rate, although not necessarily a lower nominal one, Chancellor of the Exchequer Nigel Lawson said. In a speech to an international energy conference
      Reuter  -  424 words
    • Article
      Lock icon Private firms slow to invest in China
      521 5 Reuter LACK of progress in drawing up investment treaties between China and its biggest trading partners, Japan and the US, is holding up direct private foreign investment in China. Business and diplomatic sources in Beijing said yesterday that Sino-US talks on a bilateral
      Reuter  -  521 words
    • Article, Illustration
      Lock icon French minister escapes death
      100 5 FRENCH Defence Minister Charles Hernu {right, In dark nit} escaped death on Tuesday when he sidestepped a ear driven by lisael Rehal, 25, brother sf sne sf the nine French soldiers hilled la Chad last weehend. Rehal drsve his ear towards Mr Hen» and high-ranking officers
      AP picture.  -  100 words
    • Article
      Lock icon US bank wants 5pc of UK firm
      252 5 FT SECURITY Pacific, the 10th largest bank in the US, plans to take a 5 per cent stake Initially in the London-based firm of stockjobbers, Charles Pulley. This will complement its much larger 29.9 per cent stake in Hoare Govett, a leading UK
      FT  -  252 words
    • Article
      Lock icon India likely to provide for more export incentives
      447 5 Reuter INDIA'S new foreign trade policy, to be unveiled today, is likely to maintain liberal imports while providing for further export incentives. Government and private trade officials in New Delhi said, however, that the import/export policy, to be announced by the Commerce
      Reuter  -  447 words
    • Article
      Lock icon Australian balance of payments deficit widens
      295 5 Reuter AUSTRALIA'S balance of payments deficit as measured by net official monetary movements widened to $332 million in March from $269 million in February. The deficit compares with a $222 million surplus a year earlier, the Statistics Bureau said. The increased deficit reflects a
      Reuter  -  295 words
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      151 5 j y:*«ry* .V*" rf*® §gS£f»& »fcsAsi£- mm -A si ViA >i N° vV W *wC •l> t^iW ,vC V\V ~/\C£ -3E W y ~*M mm t' .^V*i,,; "4^ *■;*&/3" i .;""'f '"k.v 7 *v. 1 s&& ws*"^' J 6 *f#ff rj '<"tf f* Panlai Dickson Clubhouse. A wide selection of
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  • RAW MATERIALS
    • Article
      RUBBER
      344 6 THE RUBBER market in Singapore yesterday closed slightly higher with May One RSS buyers quoted at 235.00 cents a kilo, up 1.25 cents from Tuesday's close. The morning session was marked up two cents on buying of May One RSS in quiet trading, after an unchanged opening. Prices eased
      344 words
    • Article
      RAS PRICES
      244 6 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt (.o.b. 230.00 2 *L9 0 Int. 1 R.S.S. May 235.50 06-00 Int. 1 R.S.S. June 235.50 Int. 2 R.S.S. 226.50 228.50N UK/Coot. 225.50 2Z7.50N Int 3R.S.S. 222.50 224.50N UK/Cont. 221.50 223.50N int.
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    • Article
      SSR and SMR
      100 6 NOON SSI I i 1 ■AS May June (Currant Mth) (Forward Mtk) Bayers Sellers Barer* Seller* SSR 20 (1-ton pallet) 214.50 215.50S 216.00 218.00 N SSR SO (1-ton pallet) 212.50 214.50N 214.50 216.50N MRKLB May Jaa< SMR CV (1 -too pallet) 274.50 276. SON 276.50 278.50N SMR
      100 words
    • Article
      CLOSING PRICES
      30 6 Rubber: April 11 Singapore: May 235.00 cents (up 1.25 cents) Malaysia: May 257.00 cents (up 1.50 cents) Tin: M 529.15 per kilo (unchanged) 120 tonnes (down 48 tonnes)
      30 words
    • Article
      Straits Tin
      76 6 THE Straits tin price in Penang yesterday stayed at the ITA floor level of M129.1S a kilo, with the buffer stock manager again taking the bulk of the disposals. Dealers said that local interests continue to provide little support while foreign demand remains absent, despite higher London advices
      76 words
    • Article
      PALM OIL
      191 6 MALAYSIAN crude palm oil market yesterday firmed on covering and speculative interest with sentiment boosted by expectations that the Malaysian government will reduce the export duty on palm oil. April deliveries in the south region rose MS2O to MSI, 430 a tonne and central M 517.50 to M
      191 words
    • Article
      SOYBEAN
      209 6 A LATE rally attempt In soybean futures in Chicago on Tuesday on professional buying failed to hold when exporters and commission houses turned sellers. Prices closed off 5Vj to eight UScents per bushel. A general bearish trade sentiment, due in part to a very weak soyproduct market, kept soybeans
      209 words
    • Article
      WHEAT
      219 6 WHEAT futures in Chicago on Tuesday rallied to close mixed, ranging from off 2 3 US-cents per bushel in May to up IVi in September. Late buying in July by a prominent local found little overhead selling, pushing prices above unchanged. Steady selling in May by the Professional House
      219 words
    • Article
      Produce exchange
      159 6 CHINESE PrHiee Exchange, Singapore, closing price* per 1M kg yesterday. Cacanat «11: Bulk fob $194.00 sellers, old drum (in second hand drum) fob $***** sellers, new drum fob $207.00 sellers. Capra: Mixed (loose) $110 buyers. Pepper: Muntok white pepper fob Asta NLW $627.50 sellers, Sarawak white pepper faq
      159 words
    • Article
      TEXTILES
      141 6 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HI? dollars, spot ex-go-down) Cattaa Yara: China Blue Phoenix 20 s 3,490, 32 s 4,000, 40's 4,100 (per bale of 400 lbs). Paktotaa Raw Cattaa: LSS 8.03 4F 8.00, 289F 8.40, NT Roller Ginned 8.10 (per lb).
      141 words
    • Article
      RICE
      312 6 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.05, 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
      312 words
    • Article
      LONDON MARKETS
      1051 6 COFFEE: Robusta futures at midday yesterday were around £8 a tonne below to £5 above Tuesday's close, after trading quietly in featureless conditions lacking fresh news. July last traded at £2,017, against a previous closing range of £2,022/2,023, in volume of 270 lots. Total turnover was 1,019 lots,
      1,051 words
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      Page 6 Advertisements Column 1
      211 6 HI K v V •II 5 are so intricate, so C o r o take five years to complete. Prices range Ma €S V\ 4 Cr fcs c m in in s>-> 4 oil In 1851, Queen s» 0 >5 ST <* in 51 IJ i a Rff 313 wnr
      211 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Flotation of samurai bonds
      157 7 FT FOLLOWING the relaxation of official guidelines on samurai bonds (yen-denomi-nated bonds issued by foreign companies and institutions in Japan) on April 1, 15 issuers will float such bonds in the April to June quarter for a total of 275 billion yen. This is a record
      FT  -  157 words
    • Article
      Lock icon Australia lifts deposit controls
      489 7 FT AUSTRALIA on Tuesday took a further major step towards deregulation of the financial system by removing deposit controls on banks, by permitting them to offer interest on cheque accounts, and by agreeing to allow about 20 merchant banks to have foreign exchange licences. Australian Treasurer
      FT  -  489 words
    • Article
      Lock icon Root of debt problems lies in interest payments
      314 7 Reuter DEBT problems of developing countries, which have proved manageable so far, have introduced a new source of fragility to the global economic system that will persist for some time, the Organisation for Economic Cooperation and Development (OECD) said. In a switch
      Reuter  -  314 words
    • Article, Illustration
      Lock icon Outlook for special drawing rights bleak
      635 7 IMF interim meeting Reuter AFP INTERNATIONAL bankers said commercial use of the fund's composite currency, the special drawing right (SDR), is unlikely to revive unless the dollar collapses in value. This week official use of the SDR for boosting international liquidity is expected to
      Reuter; AFP  -  635 words
    • Article
      BANK NOTES
      335 7 THE FEDERAL Reserve has set the stage for further modest increases in federal funds and US bank prime lending rates this quarter, though long-term rates should hold steady, economists said. They said the rate rise may worsen debt repayment problems of developing countries but may not be big
      335 words
    • Article
      ICB raises prime rate
      134 7 THE INDUSTRIAL Mi Commercial Bask (ICB) today I—a Its Singapore prime Iwihg rate Uf psiat to US per eeai. The baak aaU tto fixed deposit rates at aae to rfx unstha were raised to 7 per eeat frem C.IS per eeat while these sf dae to
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  • MONEY AND EXCHANGES
    • Article
      Gold
      341 7 GOLD futures In Singapore yesterday closed firmer in line with higher overseas markets. Trading was dull and featureless mainly due to a general lack of interest. Total sales for the day were recorded at two lots. Prompt closed firmer at USJ3B4/385 an ounce against New York's *382.00/382.50 close and
      341 words
    • Article
      Silver quotes
      35 7 New York 9.27B 9.24B 9.33S 9.296 Zurich 9.17B 9.19B 9.22S g.J 9.24S r. M Singapore woa 9.288 HOI 9.21B 9.33S 9.26S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
      35 words
    • Article
      Tokyo
      169 7 THE DOLLAR yesterday closed little changed in dull trading with many operators lacking a sense of direction because of the lack of fresh news. Operators preferred to stay on the sidelines because of deep-seated uncertainty over US interest rate trends. One Japanese dealer said: "The market was unpleasantly quiet."
      169 words
    • Article
      Prime rate
      23 7 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.33 per cent.
      23 words
    • Article
      ASIAN $
      140 7 ASIAN ASIAN currency deposit Interbank rates as at 5 pm on April 11: US Dollar* Offer Bid 7 days 107/10 10 5/10 1 month 100/10 107/10 2 months 10* 10* 3 months 10* 10* 6 months 11* 11 9 months 11* U* 12 months 110/10 117/10 Dm. 8w.Fr*. (Middle Price.)
      140 words
    • Article
      Discount
      44 7 RANGE at price* offered by discount bouse* on April 11: Overnight: 3 Call deposits 2 3 Closiag Bayiaf 8*Uiac 3-month Treasury bills 211/16 29/16 3-month Bank bills 89/16 87/16 3 months CD 81/16 715/16 6 months CD 81/16 715/16 Bwm: Watt—al Mac— IC».
      44 words
    • Article
      Treasury bills
      39 7 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of (130 million 91-day Treasury bills. The tender closes on April 13. Each tender must not be for less than $250,000.
      39 words
    • Article
      Singapore market
      440 7 THE local foreign exchange market was quiet yesterday. Selling of the US dollar continued against most currencies. Against the local dollar, the greenback closed easier at 5J2.0655/65. It had opened at the day's high of $2.0870/80. Wtrtuk bnttrl rstaa at I pa: One month 2.0830 2.0845 Two month*
      440 words
    • Article
      Hongkong
      78 7 THE US dollar eased towards the close yesterday In (airly quiet trading. Dealers said the lower Fed fund rate in New York cast a shadow over the dollar, with most saying the trend for US interest rates remains unclear. Banknote rates yesterday: (HK per one): us 7.78/7.80 UK 11.06/11.25
      78 words
    • Article
      London
      96 7 THE dollar opened lower yesterday against other currencies in dull trendless trading and dealers said the US unit could drift lower later in the absence of fresh market factors. The dollar opened at 2.6173/83 marks, down 97 basis points from the previous London close and 37 below the New
      96 words
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      Page 7 Advertisements Column 1
      299 7 An essential reference for lawyers, accountants, company secretaries, stockbrokers, remisiers, businessmen and executives of multi-national SB ES £35; nmUDUUR Singapore Malaysia By: Philip N. Pillai, LL.B. (Singapore), LL.M. (Harvard), SJD (Harvard), Associate Professor, Faculty of Law, National University of Singapore approx *****.00 est. 1400 pages 240 xl5O mm soft cover
      299 words
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      Page 7 Advertisements Column 2
      61 7 SOUTHPOINT 200 Cantonment Road, Singapore 0208 ■c J* t tl il" 1 ii f: Offices for sale Only three floors left »n Professional management team Richard Ellis expertise and care Generous facilities and services Prestige entrance, column-free floors 2,885 sq ft to floors of 16,000 sq ft Outside CBD, near
      61 words
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  • Article
    Training and MRT trains
    526 8 WITH MORE than half a billion dollars at stake, the contract for supplying train cars for Singapore's MRT naturally attracted worldwide attention. A London stockbroker and a Swedish journalist were among those who called this office yesterday, anxious to find out who won. For the three
    526 words
  • Article, Illustration
    Lock icon Stockbrokers reach out
    1436 8 The London Stock Exchange relaxes overseas trading rules to win a competitive edge International stockbroking entered a more competitive era this week when the London Stock Exchange relaxed its rules on overseas trading by its members. A new breed of dealerships is now ready to take on
    FT  -  1,436 words
  • Article, Illustration
    Lock icon The real beef of the campaign
    765 8  -  By JAMES RESTON NYT FOREIGN policy Is clearly emerging us the mala issue of the American presidential election campaign. Bath parties seem to want It that way, mad a serines debate on where we are sad where we're going is Inevitable and desirable. It
    NYT  -  765 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      160 8 Hanscape solves some mvsberies of inner space Planscape plans and creates efficient workstations quickly and with flexibility. A system designed around interchangeable panels, overhead storage units all linked together with a series of posts. Designed to solve the mysteries of: j Floor space saving i Power consumption r saving Construction
      160 words
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      Page 8 Advertisements Column 2
      100 8 DISTINCTIVE OFFICE AND WAREHOUSE COMPLEX. IDEAL FOR TRADING COMPANY OR INVESTMENT DEVELOPMENT POTENTIAL. FREEHOLD, J WEST COAST ROAD Modern 4-storey fully air-conditioned Office Building. Massive IVi -storey Warehouse with ground floor ceiling height approx. 8 metres and equipped with loading platform and dock levellers. Close to PSA ports and abundant
      100 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      666 8 I 1 -IR-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Fights to keep people out? (6) 7 Doubly continental (8) 8 Could you take the tube there (4) 10 Had he a Job knotting his tie during the war? (6) 11 Dog named Abe, perhaps, with a broken leg (6) 14 Card
      666 words
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  • Article, Illustration
    Lock icon Nigeria's tough task of keeping economy afloat
    1724 9  -  As for ordinary Nigerians, they must be perfectly well aware that the country's economy is in a mess. Rampant inflation has affected virtually all commodities, from local foodstuffs like yam, plantain and cassava, to manufactured and imported goods like detergents, clothing, and car
    FT  -  1,724 words
  • Article
    Lock icon Empty beds leave US hospitals in a feeble financial condition
    727 9  -  By RODNEY PINDER Reuter AMERICAN hospitals, the envy of much of the world, are locked in unprecedented competition for patients as they struggle for financial solvency. Alarmed by a growing number of empty beds, many hospitals have introduced an array
    Reuter  -  727 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      133 9 How you can benefit from. Bayerische Landesbank's presence in A Singapore f Bayerische Landesbank is headquartered in Bavana, a leading federal state of West Germany with a long tradition in cross-border trade and finance. Over the years we have constantly upgraded and refined our international banking capabilities, building a reputation
      133 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      774 9 T.VR.IRMNO t SINGAPORE 5 J 2.30 PM SBC Text "Live" Sample Paces 3.00 Opening and Programme tfghights folowed by Taiji Master (Mandarin/r/with English subtitles) 4.00 Curious George (Cartoon) 4.10 The Bionic Woman Ki Oscar (Part 2/r) 5.00 Camp Widemess Sea Secrets 5.20 Buster and Me OW Friends: Buster talks about
      774 words
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  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      866 10 Where to wine, dine and entertain toda rbe 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 *****97 (20 lines)
      866 words
    • Advertisement
      Page 10 Advertisements Column 2
      212 10 loom Ortv/Y rb y Cljr fHcbaUion—^ Mi a .r 1 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 'Rlivthm Teens' mghth from 7 30pm to 11 30pm M reservations. 4 r an
      212 words
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  • INTERNATIONAL STOCKS
    • Article
      Market ends firmer
      1186 11 NEW YORK A DIP IN interest rates helped propel stock prices moderately higher on Tuesday, but the market's advance was stifled because big institutional investors remained sidelined by a concern about rates. The Dow Jones Industrial Average, which rose about one and half points in each of
      1,186 words
    • Article
      Lock icon Marsh & McLennan keeps mum over US$60m bond trading loss
      1301 11 Marsh McLennan keeps mum over US$60m bond trading loss Insurance broker Marsh McLennan acts as representatives for insurance companies, collecting premiums that they later remit. During the week or two that it holds the money, these fiduciary funds may be used for investments. Marsh McLennan earned $77 million last year
      NYT  -  1,301 words
    • Article
      Prices narrowly mixed
      394 11 HONGKONG SHARE prices yesterday closed narrowly mixed after fairly quiet trading in the half-day session. Stocks eased from initial highs due to strong resistance around the 1,100 mark of the Hang Seng index which ended 7.22 points lower at 1,088.90, after having been 1.15 up on Tuesday's
      394 words
    • Article
      Paris
      184 11 APR 10 Frs GROUP B CORBEILLE Alr-Uaulde Ml I Carrefour Financier* de LUnlon Iiftrn 1727 82 355 -17 -1 3.1 Aqaiuinc Nat Dei Petrole B S N Otmli Danone C8F (Thomson r.i) Cle Franealae des Petrole* 244 SO 319 90 235.90 25 30 19 1.4 Moet-Hennoay 1518 Opfl-Parlbas 148-50
      184 words
    • Article
      Brussels
      53 11 2*00 5280 FORWARD MARKET Petro Ryl Dutch 7730 2835 Sldro 2340 AfDcd Ajtur 1855 8H 56 >10 Soc Oen Belt Soflna 1850 5900 4100 Bruc&n Cuiptc Cock De Beers 1500 1850 287 447 2000 -10 unch 12 50 V Mont CASH 4325 MARKET 9000 4950 O* 3200 -10 Soc
      53 words
    • Article
      Frankfurt
      97 11 APR 10 Aeg-Telefunken Dm 94 90 4/Hoeich Horlen lunudt 114.00 185 00 286 00B 41 BASF 182.00 1.4 KHD 244JO 374-00B Mi ao 4 13 Bayer BMW 170 JO 400.00 IJ 41 Llnde Mannesmann 41M Com merx bank Contl Oummi Dtlnkr-Bcni mjo 129 .SOB 553.00 0J8 41 Philips Komm
      97 words
    • Article
      Milan
      87 11 APR 10 Rftitofl Bet Lire 1M ***** ICS 130 -4 •10 10 -4J5 M llano An Ord Mondadorl Ord ***** 3720 1000 -40 -30 -50 Central* Ord Cond Acqua Roma Montedison Olivetti Ord Pirelli And C 206 75 4361 2836 -175 -8 4 5 Flat Ord 4045 Pirelli Spa
      87 words
    • Article
      Zurich
      166 11 APR 10 Actions Sulssea Francs 315 858 unch Sandos Reg Sulser Pc Sulser Ref. 2406 283 1715 -15 -5 Alusulsse Ref. Brown Boverl Br. Clba Oelfy Br at* Oelfy P C ZM 1510 2306 1730 unch -sm -5 -5 Swiss Bank Corp Re« Swiss Re-Insur 381 3500 -1 Clba
      166 words
    • Article
      Bangkok
      123 11 APR U Bahts Aokham ThaJ Aila Fibre Ajruthajra In» And Tnist Bangkok Bank Bank Of Ajrudhaya Lid Bala Shoe BerU Jucker Ctiaroon« Thai Wire nmUM First Tm»t Ooodyear Industrial Finance Corp Jaiaprathan Cement Maboonkhrocif Metal Box Rama Tower Saba Union Sermsuk Slam Cement Slam City Cement Slam Credit South
      123 words
    • Article
      Toronto
      159 11 APR 10 AMUbi Alcan C* 25* 41* imp Oil Inco Int Pro* Pipe Int UU Intl Nickel Kerr Add Lotilaw B Muse; Fer< Mc Blodel 38* IS* 27* 25* IS* 17* 14* 4* 33* unch ■f unch Alcorn* Bank Mont Bank Norm 8coUa Bell Tel BP Can Lid SS=R8KS
      159 words
    • Article
      Johannesburg
      218 11 APR 10 Rand INDUSTRIALS Un Steel UnUec Wool worth 135 566 1750 5 unch 25 A Alpha Abercom AE And CI 960 MS 835 42RB unch 5 unch Anglos Anglvaal MININGS 2430 S unch -50 AMIC I 3125 25 10 Blyyoors Buftels 1825 7900 2MQ 450 1075 -10 1540
      218 words
    • Article
      Amsterdam
      168 11 APR 10 ABN FU 388 SO -13 -05 0.4 Intn Muller Kbt KLM Meneba 32 80 3230 ***** 50 00 unch 13 43 -03 Ahold Akxo AMEV 98 10 151 00 Naarden National Ned Nedlloyd 40 00 ***** ***** unch -0.7 03 Amfu Amrobnk Berk Bols ZZ 73.20 40
      168 words
    • Article
      Tokyo shares close higher
      458 11 SHARE prices yesterday closed higher in fairly active trading with market sentiment brightened by the rise on Wall Street following a dip in US interest rates. The market average rose 24.32 to close at 10,939.44 after gaining 24.42 on Tuesday, on a volume of 480 million
      458 words
    • Article
      All-Ordinaries slightly lower
      409 11 TRADING in situation shares and optionlinked issues, notably BHP, boosted turnover and supported the industrial sector while weakness in physical metal prices and a sell off in oil and gas shares depressed the resource sector on Australian stock markets yesterday. Near the close, the All-Ordinaries index was
      409 words
    • Article
      Taipei
      245 11 NT t Chem Indus 24.00 -0.1 APR 11 Lien Hwa Indus U 06 0J6 All Sincere Indus 1040 -0 06 Nan Ya Plas 35 JO 06 Asls Cement 31 JO Ot Pacific Cons 20.10 Ot Cathay Cons 32.80 O.t Pacific Elect Chin* Hwt Bank 56 JO unch Wire IS
      245 words
    • Article
      Manila
      91 11 APR U Pesos Acoje Mining Ail|lo Phil Apex Mining B 0 008 unci) Atlas Con B 40 03 Bagulo Ootd 0001 unch Basic Petroleum oooe B) ***** Bentuet Con B CDCP Ftnt Phil Hides no unch Lepanto B Marinduque B unch Marsteel Oriental B 0.0U -0.001 PhU Overseas oooe
      91 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      177 11 Announcing the opening of. d ß dStt pin ustfifK R€sTOURfinr Singapore's NEWEST addition to superb traditional Sichuan Cuisine. With a fragrance to tantalise all taste buds. We cater for banquets. And have private function rooms, too. With ample parking facilities. Pin Hsiang Restaurant Fragrantly Superb. pin HsnnG ResmuppinT RELC Building,
      177 words
    • Advertisement
      Page 11 Advertisements Column 2
      71 11 THE BANK OF TOKYO, LTD. Singapore Branch U5520,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT SERIES VI DUE OCTOBER 12,1984 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from April 12,1984 to October 12.1984 the Certificates will carry
      71 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2999 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
    2,999 words
  • Article
    SHARE INFORMATION SERVICE
    3677 12 I«M Hl<k Uw Company Last 8al« orGr*» Dto Div Cvr Gr's YTd Net P/E Vol Day (•000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 173 120 A M D B SO* 310 252 Acma 306 300 Alcom 380 340 Allied Choc 275 343 BAT 22* 380 320 Bata
    3,677 words
  • Article
    Unit trusts
    185 12 Manger** prta for April 12 sdhjapou unit nurr The Commerce 3 42 3.63 The Savings Fund 199 2.11xd S'pore Prog Fund 1.46 1.56 S pore Sec. Fund 2.34 2.38 S'pore Invest Fund LIS 1.26 S'pore Equity Fund 1.43 1.54 AAA UNIT TKU8T Mil Invest Fund 2.88 3.05 Mai
    185 words
  • Article
    In Kuala Lumpur
    2250 12 BID uid 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. MHJBTBIAL6 (I) 3-JO AJeaai (2.488) (3) 2 55 (4) 2.50 Aalah (2.068
    2,250 words
  • Article
    Most counters show gains
    804 12 THE balttak aentiment ontlaaed yesterday at the Singapore stiek market •mid expectations that •we profit-taking was setting In. The BMniig*! firmer andertone gave way to some aiight enntieo dirlng the aeenid half hit prices closed mostly higher. At the etose, the Btraita Times lidistrlal Index gained
    804 words
  • Article
    KL stocks end slightly higher
    552 12 WITH the exception of bullish tin issues, shares closed only slightly higher in generally quiet trading at the Kuala Lumpur stock market yesterday. After a barely steady start, prices continued to hover around overnight levels for the better part of the morning session. In the
    552 words
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  • COMPANY NEWS
    • Article
      Lock icon Shearson-Ainex makes US$360m bid for Lehman
      828 13 ■BgRESS NYT THE PLANNED US$36O million acquisition of Lehman Brothers by ShearsonAmerican Express is the latest sign of a trend on Wall Street to consolidate into ever-larger and more diverse financial empires. The Lehman acquisition is the most recent in a long string of
      NYT  -  828 words
    • Article
      Lock icon Hutchison shares in lieu of cash
      173 13 Reuter HUTCHISON Whampoa Ltd will offer its shareholders new ordinary shares in the company in lieu of all or part of the special cash dividend of HK$4 a share announced on March 28. A statement said that shareholders will be allotted ordinary shares of
      Reuter  -  173 words
    • Article
      Lock icon Dunlop wins £350 m orders
      181 13 Reuter DUNLOP Holdings PLC said Its aviation division won orders worth £359 million for high technology carbon brakes and other equipment. The new business will safeguard the Jobs of tJiSt workers at its Coventry plant for a long time to come, It said. Dunlop's carbon
      Reuter  -  181 words
    • Article
      Inchcape's results in detail
      995 13  -  By AMY CHEOK INCHCAPE Bhd's marketing and services division has once again contributed the bulk of the group's profits in 1983. A sectoral breakdown for the year shows marketing and services taking up $28.6 million or 42.6 per cent of total earnings before interest. Turnover was
      995 words
    • Article
      Lock icon Cojuangco named San Miguel chief
      362 13 UPI EDUARDO Cojuangco, 48, has been named chairman of the board and chief executive officer of the San Miguel Corp that brews the world-famous San Miguel beer. Mr Cojuangco, president of the Philippines' largest commercial bank, United Coconut Planters' Bank, and board chairman of eight
      UPI  -  362 words
    • Article
      COMPANY MEETINGS
      57 13 INCH Kenneth Knjnng Robber PLC: Seventy-third AGM to be held on 5th Floor, Straits Trading Building. 4, Leboh Pasar Besar. Kuala Lumpur, on Thursday, April 28, at 2.30pm. Halted Overseas Land Limited: Twenty-first AGM to be held at the Board Room, 30th Storey, UOB Building, 1 Bonham Street,
      57 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      362 13 How par Haw Par Brothers International Limited RESULTS FOR THE YEAR ENDED 31ST DECEMBER, 1983 The Directors wish to announce the following audited results of the Group and the Company foi year ended 31st December, 1983: Turnover Dividend and interest income Operating profit Share of results of associated companies Profit
      362 words
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  • Chief Priee Changes
    • Article
      SINGAPORE
      181 14 Rises Indices Talam Mines 1550 230 Apr 10 Apr 11 Troaoh Mines 1240 +150 Sungei Besi 1230 150 BT Composite: 925.32 931 59 G E Life 1900 90 BT Indicator: mm *****60 Austral Amal Petaling N S T 645 1050 2270 65 50 40 ST Industrials: ST Finance: 1002
      181 words
    • Article, Illustration
      KUALA LUMPUR
      161 14 Rises 200 Indices Sg Besi 1360 Tronoh 1400 200 Apr 10 Apr 11 Inch KK 2900 200 MBT Indicator: *****64 *****67 A Hitam 2600 200 NST Industrials: 1490.14 1492.84 T Langat 1020 110 NST Finance: 2830.90 2820.52 Petaling Tin 1170 70 NST Hotels: 659.40 659 52 A Amal
      161 words
    • Article
      Selected indices
      50 14 H.K.HANG SENG Tuesday 756.5 Week Ago 750.6 Wednesday 1088.90 FINANCIAL TIMES Tuesday 1096.12 Week Ago closed INDUSTRIALS AUSTRALIAN INDUSTRIALS Tuesday 878.6 Monday 867.2 Week Ago 859.2 Wednesday 981.3 Tuesday 977.7 Week ago 969.8 DOW JONES AVERAGE INDUSTRIALS ALL ORDINARIES Tuesday 1138.30 Monday 1133.90 Wednesday 756.2 Week Ago 1148.76
      50 words
  • Article
    LONDON STOCKS
    857 14 SHARE prices yesterday closed higher in continued response to the British Chancellor's recent remarks on the UK economy, dealers said. Yesterday's closing middle prices of selected stocks, excluding stamp duty, were: INDUSTRIALS Allied-Lyons 165 unch Ass. Dairies 172 -2 BTR PLC 480 +fl Babcocks IBS +2 Barclays. 489
    857 words
  • Article
    Poor second half takes Haw Par profits lower
    541 14  -  Companies Editor. ALAN LEE By NAJEEB JARHOM AN UNEXPECTED downturn in the second half has reduced the full-year group earnings of Haw Par Brothers International Ltd. The diversified corporation took a 10.5 per cent fall in gross profits to $18.27 million for
    541 words
  • Article
    Kee Boon to become FELS chairman
    165 14 HEAD of the Civil Service, Mr Sim Kee Boon, who is soon to be appointed chairman of Keppel Shipyard Ltd to replace Mr G E Bogaars, will also assume the same post at 60.8 per centowned subsidiary Far East-Levingston Shipbuilding Ltd. Mr Sim, who
    165 words
  • Article
    Raleigh objects to G Lumber's purchase
    457 14 RALEIGH Cycles (Malaysia) Bhd, which recently launched a bid (or General Lumber (Holdings) Bhd, has strongly objected to the latter's proposed acquisition of Liva Enterprise Sdn Bhd through a sharp swap. In an open letter to shareholders of General Lumber yesterday, Raleigh chairman and
    457 words
  • Article
    Selprop falls short of earnings forecast
    532 14 THE failure of Selangor Properties Bhd to proceed with its grand restructuring has led to disappointing profits for the year ended Oct 31,1983. The group could only manage gross earnings of M 526.79 million, which pales in comparison to its own profit forecast of
    532 words
  • LATEST RESULTS
    • Article
      BANDAR Raya Develop- ments Bhd:
      45 14 Group pre-tax profit of M 514.63 million ($8.83 million) and group after-tax profit of $7.92 million ($4.75 million). Group turnover was $59.24 million ($37.19 million). Directors have recommended a final dividend of five per cent gross (1982, 5 per cent).
      45 words
  • Article
    Singapore Glass explains sale of SGM
    374 14 SINGAPORE Glass Ltd, object of a takeover bid by the Tan family of IGB Corporation Bhd, has been advised to sell the glass manufacturing operations grouped under whollyowned subsidiary Singapore Glass Manufacturers Pte Ltd (SGM). Singapore International Merchant Bankers Ltd, adviser to Singapore Glass,
    374 words
  • Article
    UEL back in the black
    414 14  -  By AMY CHEOK AFTER the crippling losses of the past few years, United Engineers Ltd has staged a turnaround against all odds. However, shareholders will still not get any dividend and directors have indicated that 1984 will be a difficult year. The heavy engineering and
    414 words
  • Article
    COMPANY BRIEFS
    302 14 JACK CHIARAPURK has increased his shareholdings in Haw Par Brothers International Ltd to 29.29 million shares. SOON Peng Yam (Pte) Ltd has increased its stake in Sim lim Investments Ltd from 45.81 per cent to 46.46 per cent after the latest purchase of 193,000 shares at $2.87 each.
    302 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      49 14 An Excellent Real Estate Investment Opportunity in BUKITTIMAH PLAZA i > .11 Now is your chance to obtain immediate return on your capital investment. Rental income is secured from reputable anchor tenants, including big names in the retail industry. Contact Mansfield Property Services Tel. *****51 /*****8 Telex: SPLTD RS *****
      49 words
    • Advertisement
      Page 14 Advertisements Column 2
      216 14 Move up from your System/34 fff without losing your investment. Why rewrite your sivftware just because you've outgrown you System/34.' With the ESCAPE/34 software package developed by PRIME COMPUTER, you can migrate Bck all ytxir System/34 applications to the Pnme i 50 Series of 32-bit computers. ESCAPE/ 34 makes up
      216 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      58 14 WEATHER OUTLOOK for today: Partly cloudy; thundery showers in the evening. Report for 24 hours prior to 7.3t pm on April 11 at the airport: Maximum temperature 30.8 Associated humidity 69 Minimum temperature 24.2 Associated humidity 94 Hours of sunshine 2.40 Rainfall in millimetres Trace Total rainfall for the month
      58 words
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  • SHIPPING TIMES
    • Article
      Lock icon Japanese annual pay negotiations
      207 15 Reuter EMPLOYERS in key Japanese industries have opened their annual pay negotiations by offering rises of three to five per cent, union spokesmen said. The unions, which unite for pay bargaining but are mostly single-company organisations, were likely to accept, union sources said. The offers covered
      Reuter  -  207 words
    • Article
      Lock icon Indian strike ends
      185 15 Reuter WORK will resume immediately to unload about 200 ships stranded by India's 26day dock strike after settlement of the dispute on Tuesday, Indian National Trade Union Congress president N K Batt said. Under the agreement, the minimum wage for a dockworker increases to 550 rupees from
      Reuter  -  185 words
    • Article, Illustration
      Hoegh phasing in new generation of multi-purpose ships
      489 15  -  By LINDA CHEE NORWEGIAN company Hoegh Lines is phasing in its new generation of multi-purpose vessels that will double the total capacity of its trans-Pacific/ Middle East service. Four new multi-purpose ships, representing Hoegh's US$2OO million investment of confidence in the trans-Pacific
      489 words
    • PORTSIDES
      • Article
        Lock icon UK ship programme
        95 15 AFP THE British government will sell off 19,400,000 shares that it still holds in the firm Associated British Ports in a move that would complete its 14-month-old programme to de-nationalise the country's maritime ports. Announcement of the transaction, which should earn the treasury some US$4B.5 million, was
        AFP  -  95 words
    • Article
      INDEX TO ADVERTISERS
      667 15 Shipping Line Page C«l Skipping Line P**e («l Abe* Transport IV 4 Freight Links VI 4 Afea VI 3 Frota V 1 Ahrenkiel Liner vn Fujiwara Line IV 5 Alpac VI 5 Globe Une VI 4 Antara Shpg IV 1 Golden Line VI 4 A PC Line
      667 words
    • Article
      Lock icon Colombo prepares to enter transhipment competition
      1543 16 Maritime Trade COLOMBO hardly yet ranks as one of the capitals of world shipping, but the prospect of the round-the-world services soon to be established by Evergreen and US Lines has sent some excited speculation around shipping circles in the Indian Ocean port. The
      Maritime Trade  -  1,543 words
    • Article
      LONDON FREIGHTS
      1804 16 CHARTERING on Tuesday has been mainly confined to the time-charter section of the freight market with more interest seen in large combination carriers, shipbrokers said. An ore bulk oil carrier of 159,000 long dwt was fixed from the Continent for 11 to 13 months trading at US$l.9O per
      1,804 words
    • Article
      SHIPPING EVENTS
      399 16 April 12-13 Wave and wind climate worldwide, Royal Institution of Naval Architects symposium, Heathrow Penta Hotel, Heathrow, London. April 24-21 Charterparty disputes (dry cargo), Lloyd's of London Press seminar, The Royal Horseguards Hotel, London. May 1-3 30th annual conference of the Marine Librarians' Association on board the Dana
      399 words
    • Article
      PORT CONDITIONS
      1297 16 ALGIERS Algiers Feb 29th. About 5-6 days delays. ANGOLA Luanda April Ist. 2 vessels at anchor and facing berthing delays of about 23 days. Lobito April 2nd. Waiting times of about 1 day. ARGENTINA Bahia Blanca March 26th. 3 elevator units are working well. Waiting times of about
      1,297 words
    • Article
      CONSORTIA
      202 17 THE MAJOR shipping consortia operating between the Far East Europe. Far East Persian Gulf, Straits ports Australia. Straits Japan and the member lines: AC E (FAR EAST El ROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS
      202 words
    • Article
      Lock icon Drewry reports bright outlook for car carriers
      456 17 Lloyd's List SEA transport of cars and commercial vehicles will require a 30 per cent increase in capacity by the end of the decade a demand covered by the 40 specialist newbuildings currently on order. A new report from Drewry Shipping Consultants emphasises
      Lloyd's List  -  456 words
    • Article
      Container ship pact
      157 17 AN agreement providing for the operation of a 300 TEU container ship on behalf of an Indian consortium exclusively for trade between India and the USSR was concluded in Bombay recently. The agreement was signed by the leader of the Soviet shipping delegation, Mr E A Burson,
      157 words
    • Article
      Brokers protest over neutral body search powers
      229 17 SHIPBROKERS in Europe and the Far East have protested that the sweeping search powers of the neutral body that polices the Far East Freight Conference puts them in an impossible position. Recently the Cisbaclub, the Chartered and International Shipbrokers* mutual liability association, branded
      229 words
    • Article, Illustration
      SHIPPING LIST where your ships are due...and when
      5723 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
      5,723 words
    • Article
      Container Schedules
      765 23 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Voy Date/Time Operator Cargo Schedule Ijocation E Forever Shokawa M Haruna Maru B Dahlia Y Bondarenko Ratana Bhum Niklta Mitch Takari II P Fillmore Kansal P Glory Ace Gold Hilla China Winds K
      765 words
    • Article
      WHO ACTS FOR WHOM...
      1812 23 The leading shipping lines operating from local ports and their agents. A-B AFF.A African Shipping Agencies i S> linr Transgroup (Si \hrrskicl User Servlor Kim Shpg (Si Alfred 0 Tsepler Sea Consortium (Si Marintex Enterprise (PK). AI par lntrasea (S) Bintang Shpg (KL) Island Cargo Handling
      1,812 words
    • Article
      SHIPS IN PORT
      484 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Baab Ullah 31/2 Eka Jaya alongside 12.4.84/0530 Chidambaram 1/2 R Jumabhoy alongside 12.4.84/0900 Conti Helvetia 23/4 Bohler alongside 12.4.84/0500 Cresta VI 5 Sunship alongside 12.4.84/0700 Ned Barcelona 44 Ned-EAC alongside 12.4.84/1500 Pervomaysk 18 S'pore Sov alongside 12.4.84/1500
      484 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      233 15 HEUNG-A SHIPPING Korea Flag VsJs Regular Liner Semi-Container Service To: P. Kelang/Penang/Bangkok/Keelung/ Busan/lnchon Fm: Busan/Moji/H. Kong S pore Agent: Neptune Agencies Pte Ltd Tel: *****77 P.K. *****4, PN *****5 K.L. *****0 1 \RDIM AM H OOCL I Okjemt Overseas Container Line FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ TO/FPOM NWTH
      233 words
    • Advertisement
      Page 15 Advertisements Column 2
      427 15 OSEALORDH UASC UNITED ARAB SHIPPING CO SAG) NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI PURPOSE SERVICES FULLY CONTAINERISED SERVICE FROM JAPAN TAIW AN HONUkOMi ISO CAUMS: KAGOYA +HAKATA At MRQAB H AL MAMYAH AL NUBA VS Al MANAKH V 7 rQw* «R)
      427 words
    • Advertisement
      Page 15 Advertisements Column 3
      817 15 TIMES Business Dircc lory of Sin&i|M>rc (Bl'Kl MKRAHI GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE *r MAERSK LINE EXPORT FULL CONTAINER SERVICES IL»* *RH -J.\ «l f ul>* Wi:ni7» i?«:7a i 15/5 MAERSK 22/5 SINGAPORE CIOSWG TICS *CY 16tti April UOOHRS CFS 15th April 2300 20/5 27/5 9/6 10/6
      817 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      264 16 m r—# To Europe. FAR EAST/EUROPE CONTAINER SERVICE From Europe Vess«l 1 Spore llrMseillesl 2) Rdam 3) H'Burg| 4) Gburj VESSEL I 1) Glx Aho Acceptnf Far 1) Barcelona. Genoa. 2) Amsterdam Antwerp. L Havre. Basle. UK 3) Bremen Bremerhaven Aarltus. Copenhagen Helsinki 4) Malmo. Stockholm. Oslo •Acceptmj Europe cargo
      264 words
    • Advertisement
      Page 16 Advertisements Column 2
      473 16 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South W*st FNd«r at Tokyo Mother LA/LB OM AMERICA M 1/5 11/5 ASIA M 22/5 25/5 J. ALLIANCE 29 5 1/t TAMASH* M 31 5 3/( Pacific North Wast Faadar at Kobe Mother SEAT VCD TOKYO M 12/5 13/5 J. APOLLO
      473 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      843 17 The Straits Steamship Group QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok HAMBURG HPRESS OSAKA BAT BENAVON KITMO MA*U CAMXGAft BAT FRAMFURT EJPHESS iiyf«foa bat BMttN umss HAMBURG EXPRESS two UfWSS ALSO ACCEPTING CARGO FOR: Han*w| to Copenhafen. Aarhuv Gothefltourj Mrtno Stockhokn. Oslo Hehnti.
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      Page 17 Advertisements Column 2
      457 17 NOTICES FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREI6NT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS PORT CONGESTION SURCHARGES The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the
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      Page 18 Advertisements Column 1
      763 18 EXPORTS J Hambuit (Hat j Ba. Bena»on Kitano Mjiu Ca'difan Say Frankfurt Eipress lnwpoel 8a > fbemcfl lipress IV 4 IS 4 ;*•> 4 2/ 4 45 6 5 U 5 IS 5 .'0 S ?2 5 5 n•> 4 t> 5 6 B haven Rd,im UHjvr. Ant««p lIS 1?
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      Page 18 Advertisements Column 2
      346 18 M S LINE io»u <•">« FULLY CONTAINERISED SERVICE TO fURfKf VIA SUEZ 1 «j ct CantortMn" r FROM EUROPf VIA SUEZ Memow ot tht Act Conwhuro I FULLY CONTAINERISED '0 fROM NOfITH AMf RICA EAST COAST 1 FULLY CONTAINERISED TO/FROM NORTH AMERICA WEST COAST CONVENTIONAL SERVICE To/From BUS AN AGENTS
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      Page 18 Advertisements Column 3
      383 18 EVERGREEN LINE FAR ["AST/EUROPE CONTAINER SERVICE EUROPE/FAR EAST CONTAINER SERVICE E»er forward FAR EAST/IB) FULL CONTAINER SERVICE SGP IC* PSD lEG FOS BCN VIC 23,04 1/05 10/05 13/05 15/05 17/05 1 05 14/05 11/05 21/05 23/05 29/05 25/05 MEDITERRANEAN SEA/FAR EAST CONTAINER SERVICE AISO ACCEPTMG CARGO 10 IONGKACH OAKIAM) SAN
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      Page 18 Advertisements Column 4
      1152 18 COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loading tor Calljo Milium Do and *1 other Peruvian ports aitti transhipment at Hongkong 2nd or Kobe On CPV through BiHs of Lading to tinal destination Penary P. Ketanf Smfapore lOHNEVERETT 19/22 Apr 23/24 Apr MURRAYEVERETT 24/26 May 27/24 Apr RAMONEttRETT 6/9
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      Page 18 Advertisements Column 5
      250 18 w US I NOSE u MARITIME PTE LTD fITI ISLAMIC REPUBLIC OF $"JA IRAN SHIPPING LINES IRANIAN SERVICES Loaiknf tor 8 kbbav B Khomcn COB! MlMfc. H«Wk, s*oSt IMfniMt Ml ID m It. .t)i 5/0 MAIOSI MMMM ONfcMt- I. »«37 3 MAI»VS» IBM* K IB»LSP!J«f LID I« iW) 6377S toZ*
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      Page 19 Advertisements Column 1
      979 19 PIL GROUP VE3BEL VOYAGE SINGAPORE LOADING FOR: KOTA WISATA E-489 30-2/5 HODEIDAH. JEDDAH, PTSUDAN. AQABA KOTACEMPAKA E-503 2-5/5 HOOEIOAH, JEDDAH, PTSUDAN, AQABA KOTA WANGSA E-501 10-15/5 HOOEIOAH. JEDDAH, PTSUDAN. MOGADISCIO. MOMBASA. D'SALAAM ACCEPTING CONTAINERS TO HOOEIOAH/AOABA/PT.SUDAN/MOGADISCIO COLOMBO/CHITTAGONG/RANGOON SERVICES llf 1:1 BANGKOK DIRECT SERVICES INDONESIA SERVICES 13-14/4 In Pt-16/4 KOTA PELANGI
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      Page 19 Advertisements Column 2
      747 19 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE FROM EUROPE HAM Osaka Bay Saled Bmaran Sai*d Mano Maru Saied I|W{l Maru Saied Cardigan Bay Saied Frankh#t Eiprets 11/4 Tot»o Bay 20/4 Inrerpool by 24/4 Bremen Eipress 2/5 Sit AITS IHAWEUK PKEL AUG STOW FOR Saied Sait« 13/4 14/4 WG TWN Saied
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      Page 19 Advertisements Column 3
      626 19 T| DJAKARTA LLOYD INDONESIAN NATIONAL LINE TAR LUST FULL CONTAHER SERVICE STOW MAMPAMT V 9 06 11/4 COW* VI OB 2/5 MAIAPAWT V 10 06 It 5 YOKOHAMA KOBE 27/4 2J/4 11/5 U/J 25/5 27/5 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE WE Mtf ACCEPTWG BOTH CONTAHERS. CONVENTIONAL CARGO AND BULK lIQUD
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      Page 19 Advertisements Column 4
      577 19 PAGAN V 73 PA-AN V 69 HTONEYWA Vl9l PA-AN V7O BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line") Loading for Rangoon S'pore P Kelong Penong 14/15 Apr In Port S'pore 14/15 Apr 17/20 Apr 28/30 Apr 5/8 Moy \> BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE
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      Page 20 Advertisements Column 1
      667 20 kECUADOR/PERU/CHILE FEEDER MOTHER VSL SPORE KOBE GUAYAI I BRVGE V3O im 29M ft May 26 tai CENTRAL AMERICA /CARIBBEAN SEA FEEDER MOTHER VSL SPORE KOBE M 7ANRI I BROCE <30 m n Apr 25 Ma, 19 km ALSO ACCEPTING PUERTO QUETZAL (24 UN) S LORENZO (27 lUNT S DOMMGO (t
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      Page 20 Advertisements Column 2
      468 20 n,.'l ll ?'./M JARDINE SUPPING AGENCIES (Ret *****4/ 00K) JO SHENION WAY *04 03 MARINA MOUSE SINGAPORE 0?07 TtL *****11 If lE* NO RS ?4179 CfS OfC 2nd (W IPC Umt ?30 1»» ???i/ii ???G6i? lermmal oil ?nd floor IPC Un.l ??9 Id ????t>9o ???0W seta SWISS SHIPPING FORWARDING AGENCIES
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      Page 20 Advertisements Column 3
      562 20 If Qv>/v CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BBULK SERVICE loatof lor lOS ANGELES S«N FRANCBCO SEATTLE. TACOMA VANCOUVER BC Accept** Fa/fa Contaowrs vc *sn; 7sr AUSTRALIA EXPRESS CONTAINER SERVICE Acctptni Fa/FU Contamers •Aho accepts* from P Refer* lor Auct/NM/lytt JAPAN SERVICE loa*c tor KaM 'Mm It {on Ouka Mop Alm
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      Page 20 Advertisements Column 4
      647 20 SANKDASIA FROM JAPANESE POUTS ANO HONGKONG Agent} S.nqoporr C F Sho'p &Co (M) Pte L»d Tel *****22 Poet Kelang JAN AS Sharp Sdn Bhd Tel *****4/*****9 Penong JANAS SWp Sdn Bhd Tel *****5/*****9 GENERAL SURVEY FOR i) MIYAGI MARU w,II be held on 13 484 >■) MORERA will be held
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      Page 20 Advertisements Column 5
      621 20 INTRASEA (PTE) LTD. 10. Anson Road #27 16 Internationa' Plaza Singapore 0207 Tel *****11 (10 Lmesi o BREAKBULK SERVICE TO EUROPE/UK ALPAC LINE SSr" 1 ALPAC ASIA 165W8 S pore P Kelang loadmg for 2 Kay Durban/Ijmatave( Maiunta SEAWOOD SHIPPING CORPORATION S J°* P Mang loaAnt tor CAROIINE P 30
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      Page 21 Advertisements Column 1
      543 21 &LNOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C FROM EUROPE (VIA SUEZ) Havre K CHANCE 16E Sailed TW BRDGE 19€ Sailed K JACEJM 231 Sailed 0 CHEF 3* 21/4 HK CONTAHER 39€ 28/4 SS BRDGE 45E 6/5 Container S'pore Closing Times: FCL Cargo
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      Page 21 Advertisements Column 2
      604 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK. KEELUNG. BUSAN. INCHON VmH No 1 Oonjm 403N No S Don am 403N No 9 Don am 401N Gtoru 40 JN No 6 Oorjm 403N I SEMI-CONTAINERISED DIRECT SERVICE TO: CHITTAGONG.CHALNA. CALCUTTA VeiiH BUNG AM RAH 403S PIN BKK «E
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      Page 21 Advertisements Column 3
      955 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 KELANG M/S SHARK AT NAH SOON SON BHD IST AND 2NO FLOOR NO 1 lALAN CEMPENING PORT KLANG
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      Page 21 Advertisements Column 4
      42 21 ahrenkiel liner service gmbh DURBAN JOHANNESBURG.MAPUTO. MAURITIUS REUNION I WESTBOUND ZAMBESI SW/84 GDN 31/32 ALS CONFIDENCE 6W/84 JAMAICA FAREWELL 7W/84 Agents: Kim Shipping Trading Pte Ltd 63 Market Street. =08-06 Tat Lee Bidg S pofe 0104 Telex RS ***** KIMTRA. Tel *****8
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      Page 22 Advertisements Column 1
      620 22 Kc«|i«NMl Container Lilies 2 Sailings Weekly Reliable Regular Punctual RCL Berthing PSA 1500 Hrs Tuesday Saturday SINGAPORE ISLANDS LI\E MIDDLE EAST REGULAR LL\ER Spore PK OVER WAVE 15/17 Apr •ASIAN FALCON 28/30 Apr KUSU ISLAND •Heavy Sft 80 torn 10/12 May 18/20 May Pnj loadin( for: Kaostaunf. Hoot Kon( Muscat.
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      Page 23 Advertisements Column 1
      90 23 r I ICY JBtv: general agents sealion SUPPING (S) PTE LTD. f SINGAPORE SALES/BOOKINGS TEL *****81 (8 LUES) French Line REGULAR SEMI-CONTAINER SERVICE TO BANGLA-DESH/INDIA/SRI LANKA/PAKISTAN HALMA-CAICUTTA MADRAS Sea winds amm tarn ORIENTAL SEAWINOS LINER AGENCY PTE LTD SINGAPORE TEL *****81 SALES/BOOKINGS MALAYSIA GENERAL FREIGHT (M) SDN BHD PK *****8
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      Page 23 Advertisements Column 2
      174 23 Scan Dutch 9 To Europe (Med/UK/NC/Scan) To Red Sea/Mediterranean From Europe MOTHER VESSEL Toyama N Houtman Jutlandia B Permai Nthon Korngan SINGAPORE p E K£LANG PENANG HONG KONG From Red Sea/Med. Also Accepting To: From: (I) Barcelona, Genoa, Bilbao, Leghorn Valencia (2) Amsterdam, Antwerp, LeHavre, Basle, Gothenburg Malmo, Stockholm, Oslo,
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      Page 24 Advertisements Column 1
      93 24 WORLD LINE I EXPRESS REGULAR SERVICE JAPAN/HONGKONG/STRWTS M WSC muk fcw* S*n«p«« »t PP» C* 303 M 7 Snmi Geo ««c«t MffON [WS3 (S) PTC ITO NwM Tra* Cwrtr. 1 Mjntant Squri »«M S*«*t MOT Trf *****11 fjrl |M Gen t OUT AStM MOUMCS SON M) Trf )HW 3«M7 *****0
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  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      179 24 r A Regional Weather jr. m > N 1 S\ W it. rl 2 a 1 t 1 i *s L* *3 9 ZV 5 !^j SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Temperature Shower Weather /V Wind direction with speed in
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