The Business Times, 25 May 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 FRIDAY, MAY 25, 1984 60 CENTS
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  • 355 1  -  By FOO CHOY PENG THE National Transport Workers' Union is considering helping conductors facing retrenchment by the Singapore Bus Service (SBS) set up a company to bid for cleaning contracts. This is one of several options available to a committee to be set
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  • 213 1 TELECOMS'S new generation "open-concept" post office will open in Serangoon at the end of the year, at a cost of $600,000. The new generation office providing both postal and telecommunication services is the first of nine such post offices that the statutory
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  • 572 1  -  All ready for the 13th NWC Year By ZHOU MEI Economic* Correspondent FOR THE first time, the employer-employee contribution to the Central Provident Fund has not been taken into account in this year's National Wages Council guideline. In all the past 12 sets
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  • 388 1  -  By RAMESH CHANDIRAMANI SHARE prices bounced back with a vengeance yesterday, after having been in the woods for the past few days. This sterling performance was attributed mainly to the widespread covering activities of short-sellers, but was aided by the H gain posted by Esso,
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  • 326 1  -  By JEFFREY TSANG A SWEDISH telecommunications company has been awarded a $1 million contract to supply the new Singapore International Monetary Exchange with 1,600 telephone lines, of which 400 will be linked directly to the Chicago Mercantile Exchange. Ericsson LM won
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  • 93 1 Reuter A PLANNED link between the Singapore International Monetary Exchange (Simex) and the Chicago Mercantile Exchange (CME) might be delayed again. Simex officials said yesterday that the proposed mutual offset scheme between the two exchanges is not likely to start until late July instead of
    Reuter  -  93 words
  • 188 1 UPI RISING star in Malay politics, Anwar Ibrahim, fought off a challenge yesterday from an arch-rival to retain the presidency of the influential youth wing of the ruling government party. Mr Ibrahim, 36, the Minister of Culture, Youth Sports, polled 226 votes to command
    UPI  -  188 words
  • Page 1 Advertisements
    • 130 1 BLACK ACE (3t) SPORTS »lIISUM (mi LTD. T«l: *****88 (3 lines) BANQUE INDOSUEZ "TRADERS' MONITOR" AT A GLANCE YDim KNOW WHERE YOUR COMPANY STANDS. EVERY MONTR In business, time is indeed money. In a fraction of the time you would normally take to identify your company's financial position, the Trader's
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    • 275 1 Leader, Page 8 imm AUSTRALIA is making a strong bid to capture a large share of the local pork market and its Federal Minister for Primary Industry is scheduled to visit Singapore on Monday to discuss the matter with the government. Page 2 CHINA'S Doqing Oilfield, which produces almost half
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    • 109 1 The NWC in transition a higher profile? Page 8 International stocks, Paoa 10 Asian stocks, Paga 11 BALLY of Switzerland meets the challenge of today. »4 A. Etrusco m y The Best of BALLY is to be found at the following authorised BALLY dealers. Bally Boutique Branches Champion Shoe Co
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    • 4 1 The Automatic Zoom PPC.
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  • HOME NEWS
    • 493 2  -  By BOEY KIT YIN AUSTRALIA is making a strong bid to capture a large share of the local pork market worth an estimated $320 million a year. To back its efforts, the Australian Federal Minister for Primary Industry, Mr John Kerin,
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    • 357 2 HONGKONG Bank has promoted the following: oLEE HOCK LYE is now the manager of the bank's Ocean Building branch. An honours graduate in economics from the University of Singapore, he joined Hongkong Bank in 1971, and has held several senior posts since then. oCHRISTOPHER LANGDON wn.l. has
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    • 269 2 SPERRY Pte Ltd, long associated with mainframe computers, is branching out into the world of small computer systems. Two months after launching its personal computer, Sperry PC, the US-based multinational corporation, is introducing the Sperry Mapper 5 System a business computer. Both systems make up
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    • 70 2 ASIAN Computer Services (Pte) Ltd has been awarded two contracts worth just under $200,000 each by two leading multinational corporations for their Millennium financial software packages. Both Shell Eastern Petrole- um and General Electric (USA) Consumer Electronics Pte Ltd have purchased the Millennium general ledger package
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    • 215 2 POTENTIAL leaders of Singapore must get to know Japan and the Japanese, who have become a major power in the world. And what better way to know them than through personal contacts, said Mr Tan Keng Jin, director of the Asean division of the
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    • 194 2 A LEADING Australian quarry, BAM Australia, has recently established a wholly owned subsidiary in Singapore. The new company, BAM Products, will significantiy boost the parent company's marketing efforts for its bluestone (basalt), granite and marble products in Singapore and the region. As
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    • 444 2 Seminars and courses DURATION TITLE VENUE ORGANISER May 25 Shipping Law Lecture Course May 26 Retrenchment May 28-30 Critical Skills In Managing Teamwork May 28-30 Professional Selling Skills IH/Xerox Learning Systems May 28-30 How To Organise And Manage An Effective Sales Force May 28-June 1 Design Of Pneumatic Controls
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    • 143 2 THE National Book Development Council of Singapore is running a course on the management and administration of small libraries and information centres. The objective is to provide practical guidance to library officers who have had no formal library training. The course follows the
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    • 249 3 COME June 4, about 200 secondary four students will be able to learn how to apply the principles of science to defence. A four-day residential seminar, called "Science and Technology in National Defence", will be held at the Khatib Camp in Nee Soon. It
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    • 207 3 DEFENCE SCIENCE, the application of science and technology for a better world, can help preserve and protect small nations such as Singapore. However, defence science requires not just money, but manpower and woman power, said Dr Yeo Ning Hong, Acting Minister for Communications and
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    • 64 3 A SHARE Ante-Natal Care project has been implemented in several polyclinics for expectant mothers. Expecting mothers visiting the polyclinics at Bedok, Clemen ti, Ang Mo Kio, Still Road and Kelantan Road will have a specialist to attend to them, besides the resident doctor. The specialists will be
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    • 269 3  -  By MONICA GWEE WITH five million Canon AE cameras from the AE series sold worldwide, Canon hopes to enlarge its share of the automatic SLR camera market with a computerised, "intelligent" model. The company launched the Canon T7O yesterday with an elaborate programme for dealers
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    • 68 3 MR ONG Teng Cheong will tour the Cairnhill Constituency this Sunday. Accompanying the Minister Without Portfolio are Dr Wong Kwei Cheong, Minister of State (Trade Labour) and MP for Cairnhill; Mr Ch'ng Jit Koon, Senior Parliamentary Secretary (PMO); Mr Wan Hussein Zoohri, Parliamentary Secretary
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    • 179 3 ANOTHER 33 export items from Singapore to Asean countries are enjoying tariff cuts of 20 to 30 per cent from their existing rates. The Trade Development Board said seven other items already enjoying preferential treatment have also been given additional tariff cuts
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    • 380 3  -  By JOANNE YAP DEVELOPING countries must give due attention to redressing their inadequate telecommunications facilities. A study by the Maitland Commission, an independent body comprising 17 policy makers, revealed a very lopsided distribution of telephones in the world. This disparity, said Mr Richard Butler in
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    • 128 3 TELEPHONE subscribers in the area partly demarcated by Geylang Road, Mountbatten Road, Guillemad Road, Sungei Geylang, Dunman Road and Haig Road, will soon have their numbers changed. The change is expected to The change is expected to take place on May 31, at
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  • Page 2 Advertisements
    • 195 2 v MacGregor SYNCHROUTE The revolutionary lightweight clubs The Synchrolite System is lighter, generating GREATER CLUBHEAD SPEED. When you generate greater clubhead speed, you hit the ball FARTHER. And because you can control a lighter club more easily, you hit the ball STRAIGHTER The Synchrolite System is 10 to 12% lighter
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    • 124 2 pit Ciolden Phoenix XL V i A Golden Phoenix, the most renowned Sichuan Restaurant, now offers traditional Chao Zhou cuisine at our new restaurant in Shenton Way. KAMPACfff Japanese Restaurant Authentic Japanese Delicacies: Sashimi. Sushi. Suklyaki. Shabu-Shabu. Yakitori. Tempura and Teppanyaki.* •(Not available at Hotel Equatorial). 6th storey. UIC Building.
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  • Page 3 Advertisements
    • 380 3 IF YOU ARE USING A COURIER, TELEX OR MESSENGER 80Y... Do you use a courier at considerable expense when you need to send important documents somewhere else in the world in a great hurry? Panafax it. Now you can do it in 20 seconds, at considerably less cost and without
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  • OVERSEAS
    • 465 4 Reuter CHINA is stepping up oil production from its inland oilfields as a more sober attitude to offshore prospects begins to emerge. Mr Zheng Yaoshun, mayor of the north-eastern Daqing City, told the China Daily that Daqing Oilfield, which produces almost half the nation's
      Reuter  -  465 words
    • 222 4 Reuter CHINESE Premier Zhao Ziyang, providing a rare glimpse into his private life, said he likes jogging in the mornings, argues with his family and works a 10-hour day. The 64-year-old prime minister was quoted by the official New China News Agency
      Reuter  -  222 words
    • 161 4 Reuter THE US government had a surplus of U5511.49 billion in its budget in April, the first monthly excess in the current fiscal year that started last Oct 1, the Treasury Department said on Wednesday. Officials attributed the excess of receipts over outlays mainly
      Reuter  -  161 words
    • 236 4 AP THE US House of Representatives voted against the testing of an American anti-satellite weapon against an object in space as long as the Soviet Union continues its voluntary moratorium against such tests. The 238-181 vote on Wednesday night
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    • 107 4 Reuter A BRITISH company has developed a device to rival the spy gadgets used by fictional agent James Bond a leather briefcase with equipment to make telephone conversations unintelligible to eavesdroppers. Maconi said yesterday that its new briefcase, costing £7,500,
      Reuter  -  107 words
    • 186 4 UPI PRESIDENT Ferdinand Marcos has decided against calling the "lame duck" National Assembly into special session to consider a controversial Bill to raise the number of appointive seats in Parliament. Mr Marcos' order to cancel Presidential Proclamation 2361 came amid opposition charges that the
      UPI  -  186 words
    • 233 4 UPI INDONESIA will move nearly four million farmers from overcrowded Java to the outer islands during the next five years, despite past problems with the US$3 billion resettlement programme. "In the next five years, the government hopes to move at
      UPI  -  233 words
    • 806 4 ARRIVALS Operator Service Loco From number time PAA PA5 0020 JFK/SFO/HKG SV SV379 0030 SEL AAAS AAH68I 0820 KUL CAL CI010 0825 JED/DHA AAAS MH601 0905 KUL MAS AAH671 0935 KUL MAS AAH811 0940 PEN SWR SRI 76 0945 ZRH/BKK RBA BU21 1000 BWN SIA SQI03 1005
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    • 318 5 UPI AN UNTOUCHED Mayan tomb containing a 1,500-year-old skeleton has been discovered in Guatemala and will provide precious information about the vanished civilisation, archaeologists said on Wednesday. "It's very rare and I was so thrilled when I climbed down and saw this, I started crying,"
      UPI; Source: AP picture  -  318 words
    • WORLD IN BRIEF
      • 43 5 CUBA joined the Soviet-led boycott of the Olympic Games on Wednesday, saying it could not ignore "the violation of the Olympic principles and norms". The National Olympic Committee, in announcing the decision, cited similar reasons to those given by Russia.
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      • 39 5 JAPAN'S industrial*production rose by 3.2 per cent in the first quarter this year over the previous three-month period, with sharp increases in such high-technology products as industrial robots and video tape recorders, it was reported on Wednesday.
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      • 48 5 THE WORLD'S first hydrogen engine for cars will be marketed by a Japanese firm in the US later this year. Special attachments developed by Hydro Energy Laboratory Project Incorporated (Help) will enable conventional engines to use as fuel, ah alloy which stores hydrogen, Help officials said.
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      • 39 5 A 69-YEAR-OLD man who is a 30-year veteran in the US scouting movement was charged on Wednesday with 12 felony counts of sodomy and pornography, stemming from alleged contacts with five Scouts aged from 11 to 14.
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      • 29 5 A NEW South African constitution intended to place coloureds and Asians on an equal political footing with whites will be officialy proclaimed on Sept 18, sources said.
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      • 36 5 Agencies JAPANESE architect Kenzo Tange was on Wednesday formally made an associate foreign member of the Academie Des Beaux Arts. He was 33 when he won a competition for the reconstruction of Hiroshima. Agencies
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    • 251 5 Reuter THE US has developed a secret programme to tighten export controls on shipments of sensitive high technology equipment, a customs service spokesman confirmed on Wednesday. Published reports said the effort involved imbedding an electronic "bug" during the manufacture of sensitive electronic and computer equipment,
      Reuter  -  251 words
    • 563 5 UPI AFP A HIGH-LEVEL Syrian delegation visiting Teheran has secured an Iranian agreement not to escalate the Gulf war. But Iraq has said that it would intensify the conflict. Syrian state radio yesterday quoted "informed sources" in Teheran as saying that Syrian and Iranian
      UPI; AFP  -  563 words
    • 244 5 AFP AN ABORIGINAL leader has warned of the risk of renewed violence in the north-west of Western Australia after the acquittal on Wednesday night of five police officers charged with the manslaughter of a 16-year-old aboriginal youth. The executive officer of
      AFP  -  244 words
    • 105 5 Reuter A FEDERAL jury has awarded US$6.5 million to a New York woman who charged that her brokers kept buying and selling stocks with her $400,000 investment in order to earn commissions. The woman, Helen Aldrich, invested the money in March 1981 with George Serhal,
      Reuter  -  105 words
    • 133 5 AP INVESTMENTS in Indonesia during the first quarter of this year declined due to a "wait-and-see attitude" by investors following the revision of the country's tax code, the head of the Investment Coordinating Board (BKPM) Mr Suhartoyo said in Jakarta on Wednesday. He said applications by
      AP  -  133 words
  • Page 4 Advertisements
    • 38 4 Texas Instruments 300 and 600 Business Systems Computers are jVJ a Texast? Instruments Creating useful products and services for you. Texas Instruments Asia Ltd, 12 Lorong B;ikar Batu, Unit 02-08 Kolam Ayer Industrial Estate, Singapore 1334. Tel: *****55.
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  • Page 5 Advertisements
    • 45 5 Our Business Class seats are as comfortable as you'll find in First Class on some airlines. But perhaps the most accommodating part of your journey with us will be the way our S/NGAPORE AJRUNES hostesses care for you as only they know how. BUSINESS CLASS
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  • AIR CARGO
    • 343 6  -  Target is 25 pc of total income By WANG LOOK KEAH SINGAPORE Airlines' newlyappointed cargo manager, Mr PC Teh, hopes to increase cargo's contribution to the airline's gross revenue from the current 17 per cent to 25 per cent in the next five years.
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    • ON THE WING
      • 30 6 TRANSAMERICA Airlines is projecting a 15 per cent growth in cargo charter activity this year. The Far East will record the highest growth of about 25 per cent.
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      • 44 6 QANTAS Airways has reorganised its US cargo services. It now has 15 flights a week to the US three nonstop from Los Angeles to Sydney and Melbourne, two services between Los Angeles and Cairns, and daily flights between San Francisco and Sydney.
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      • 31 6 SWISSAIR has established its own cargo handling facilities at London and Brussels. All customer service activities, except for the purely manual operations, are carried out by Swissair's own personnel.
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      • 32 6 AIR Europe has been awarded freight licences for its Gibraltar and Canary Islands charter services. The twice weekly freight service to Gibraltar from Gatwick and Manchester started on May 7.
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      • 27 6 JAPAN Air Lines is operating a daily all-cargo service between New York and Tokyo with the latest addition of a 8747 freighter on the route.
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      • 50 6 THE international air cargo complex at Delhi Airport is expected to be ready by the middle of 1965. When completed, it will be the biggest air cargo complex in India. It will provide space for mechanisation of air cargo handling, warehouses, storage facilities for perishable cargo, and offices.
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    • 532 6 THE 12th International Forum for Air Cargo that ended here yesterday successfully provided people in the business with a platform to exchange views and discuss issues pertinent to the development of the industry. Exhibitors at the exposition held in conjunction with the forum were
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    • 420 6 SWISSAIR is geared to boo6t its cargo capacity for its three major stations in Asia with the recent introduction of 8747 combi services to the region. Two 8747 C aeroplanes are providing a total 1,100 tonnes of additional cargo capacity. This represents an anticipated increase of 15
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    • 217 6  -  By JEFFREY TSANG BRITISH Telecoms is planning a new computerised cargo handling system for use by airlines, customs, freight forwarders and commercial organisations in the UK by 1986. The new system will incorporate the tremendous advancements made in microcomputer technology British Airways' customer services
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    • 63 6 THE Department of Civil Aviation air freight promotion and marketing team has published a directory listing companies in the cargo business here. Entitled "Singapore Airfreight Industry", the directory highlights the history of the industry in Singapore, its present state and its future potential. The publication is part
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    • 197 6 ARRIVALS DEPARTURES Operator Flight number Local time From Operator Flight number Local time For FRIDAY FT FT71 2355 JFK/ORD/ANC/ NRT/TPE FT JAL FT78 JL617 0135 0705 KUL/TPE/NRT ANC/ORD/JFK KUL SATURDAY CAL Q33I CV CV796 0)50 0845 TPE LUX/AUH FT CAL FT76 CI 3 34 0255 0600 HKG/NRT/ ANC/ORD/JFF
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  • Page 6 Advertisements
    • 118 6 COMPUTERS FOR PROFESSIONALS FROM PROFESSIONALS w Wx m k Vv* DIGITAL FAR EAST OFFICES Digital Equipment Hong Kong Ltd sth 7th Floor, Intercontinental Plaza 94 Granville Road Tsimshatsui East. Kowloon, Hong Kong Tel 3-*****11 Digital Equipment Singapore Pte Ltd 73 Bukit Timah Road No 06 Tong Nam Building Singapore 0922
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  • BANKING AND FINANCE
    • 513 7 SINGAPORE: The local currency closed weaker at 552.1085/95 against the US dollar compared with Wednesday's close of 552.1050/60 and at 5526.95/27.00 against the Hongkong dollar compared with 26.90/95 but firmed against the Malaysian dollar to $91.05/15 from 91.20/30. The US dollar extended earlier losses against most major currencies
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    • 216 7 Interbank rates at 3pm Currencies Nominal rates Smithsonian Quoted yostsrdsy ctom parity change Locol dollar* to on« unit of foreign currency: US dollar 2.1050 2.1060 2.8196 -25 34 Sterling pound 2.8933 ***** 7 3469 -60 62 Australian dollar 1.8977 1 9007 ***** -44 60 NZ dollar 1 3607
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    • 293 7 SINGAPORE Gold futures trading was at a standstill yesterday on lack of interest, with prices closing slightly firmer. Prompt closed slightly higher at US$377 379 an ounce against New York's $376.00/376.50 close, June at $377.50/379.50 against $377.10/377.40 and August at $385/387 against $384.00/ 384.20. LONDON The morning gold fix
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    • 96 7 THE overnight rate on the local interbank money market eased bx V» point to 7% per cent yesterday. Term rates were unchanged except for the two-month rate which rose by 1/16 point. S$ interbank rates k at 3pm yesterday Offer Bid Over7 7/8 7 3/4 1-month 8 3/16
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    • Article, Illustration
      248 7 Asian market THE PLR is the lowest lending rote ot whid» o bonk is prepared to lend in Singopore dollars to its clients on on overdraft or demond bosis. Interbank f deposit rates I uss CWer Bid 7 day» 10 13/16 10 11/16 1 month 10 15/16 10 I 13/16
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    • 382 7 NYT LATIN AMERICAN foreign and finance ministers, who are due to meet soon for emergency talks on the region's foreign debt problem, are expected to use their political and economic leverage to the maximum in an effort to limit the call on their resources represented
      NYT  -  382 words
    • 194 7 NYT THE WORLD Bank, seeking ways to ease the strains of indebtedness on the Third World, is experimenting with a new lending technique that combines a ceiling on repayment instalments with the bank's first credit guarantee. The first test of these new approaches is
      NYT  -  194 words
    • 225 7  -  By AMY BALAN DBS BANK has installed a U*****,000 ($840,000) software package to serve as a base for developing its own banking products and services. This installation is part of a revamp of DBS computer software. "We are going for better systems," said Mr Soh Kim Soon,
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  • Page 7 Advertisements
    • 179 7 Midland Bank in Singapore Midland Bank in Singapore is your own direct link into one of the international banking goups. Staffed by experts with many yean of S market experience Midland Bank in Singapore is involved in all aspects of wholesale international banking, including foreign exchange dealing, trade finance and
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    • 201 7 THERE'S SO MUCH MORE HAPPENING THAN MEETS THE EYE. AT ORCHARD HOTEL •rissssh? fiafllH s OSM >\ V iSS.' >3t I wmlr *<T ~v fif >; ~r i *-4«& *r 1 fSL Heard the spicy news? hot and appetising, is now available at Cascade Garden. Served daily between 12 noon
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  • FEATURES
    • 480 8 IMAGINE a bus conductor with pistol on the hip as a Cisco guard. Only the uniform is still blue. Or imagine a conductor with red helmet, fighting fires and saving lives. Or one peering into a microscope in a factory making electronic components ironically called semiconductors. Bus
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    • 3083 8  -  By ZHOU MEI Economics Correspondent Q: PROFESSOR Lim, the tripart ism that was uniquely NWC sine* en its inception a dozen years ago U supposed to be oat, or at least h to being phased oat to make way foi he bipartlsm. Bat
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    • 1092 9  -  By JOANNE YAP A TOUGH target has been set for 42-year-old Gustavo Sichero, managing director of the UScontrolled Sperry Pte Ltd. During the next 12 months he has to sell US$7.2 million worth of computer equipment in Singapore, and US$l3.B in the rest of Asean, India
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    • 678 9  -  By LEONARD SILK NYT THE BEAUTIFUL old Mount Washington Hotel in Bretton Woods was permeated by nostalgia last weekend when the Federal Reserve Bank of Boston invited more than a hundred financial officials, bankers and economists to celebrate the 40th anniversary of the
      NYT  -  678 words
    • 621 9  - Up for sale George Tan's knick-knacks By TERESA LIM Hongkong Correspondent IN THE HONGKONG Exhibition Centre on the fifth floor of China Resources Building, silence greets you as you step into a hall full of paintings. You see on your right a wall-to-wall glass case of silver candlebra, sauceboats and
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  • Page 8 Advertisements
    • 304 8 NOTICE OF PREPAYMENT The Sumitomo Benk, Limited Singapore Branch U. 5.520,000,000 Callable Negotiable Floating Rate Dollar Certificates of Deposit No.oloool-*****0 issued on 28 June 1982. Maturity 28 June 1985. Callable in June 1984. Notice is hereby given that in accordance with Clause 3 of the Certificates of Deposit (the Certificates')
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  • Page 8 Miscellaneous
    • 22 8 imPO'N£_ TMPfT ONC. roiNOTP m\y CLOQC. »qtmins SPsrne. LOi-rn my DPff£c,TAmP SOOOeHej LL GO PfND D«=VO OUR °x>Nev/ rhd mee_T BFVZK wefie.
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  • Page 9 Advertisements
    • 104 9 SINGAPORE iscover Australia with ddftil Travel o*B*l, ro 'K [CAIRNS I TO^gVl^gj SRIS6ANE_ 0 Continent full of surprises, fun and adventure In Australia thorp ic all* 1 I adventure. In Australia, there is always so f much to do and see. Global can help you do I just that. For
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  • Page 9 Miscellaneous
    • 686 9 ®01(i>SSRS3CDGl[i) I CRYPTIC PUZZLE ACROSS 4 Stands to make less, possibly, with a weak heart (6) 7 A 12 month spring? (4, 4) 8 Talking angrily and with spirit (6) 10 To spill tea out of a vessel is on advantage! (5) 13 At heart, it may give one the
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    • 267 9 Evening at the opera 8.30pm The Gondoliers A well-known Gilbert and Sullivan work of two Venetian gondoliers, one of whom is the rightful king of Barataria. Since no one knows who was the one abducted from the kingdom, they both share the throne until something startling happened. Friday night movie
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  • INTERNATIONAL STOCKS
    • 271 10 THE SHARES of certain takeover targets rose substantially in heavy trading on Wednesday, but the overall stock market suffered its fifth straight decline as concerns about current interest rate levels continued to affect investors. The Dow Jones industrial average, which last rose on May
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    • 211 10 MAY 23 Ab«t4>i Ale on C$ 26 35'* unch 4 Hud Boy Mm Imp Oil Inco Int Pro* Pipe tit Uts 124 38'* 134 264 244 4 4 unch ■4 unch Algomo 22 4 Intt Nickel Bonk Mont 22'* -4 Kcct Add 164 .(I Bonk Novo Scotia Bell Tel
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    • 235 10 MAY 23 Rond Jrus' Bfc 295 10 Un Steel 132 2 INDUSTRIALS Untsec 570 5 Wooh»orth 1850 A Alpha 950 Abercom 212 MININGS AE And CI 940 Amaprop AMIC 4 SOS 3100 Anglos _5Q Anglvool 2170 30 Borrows 1430 20 j*™ 00 1800 25 C G South 2500S unch
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    • 822 10 MAT 23 US* ACE Industries Ale on AJumei Alcoo Lud Afced Chern Cp AWd Stores Aln-Chofcnert Am Broods tnc Am Broadcast Am Con Co Am Cyonomd Am Elec Pwr Am Express Am Home Prod Am Motors Cp Am Noturoi Gos Am Tel Tel A max Inc Amerodo Hess
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    • 1007 10 Amsterdam MAY 23 Fh ABN Aegon Ahotd Akio AMJ V Amtos Arrwobnk 348 50 -5 125 00 -1 184 30 -1 9 94 00 -18 148 00 -2 5 62 50 -0 5 I Berk 36 20 -2 8 Boh Borsumii Bosko Burtet Colond Cat* Dek M,, Ehevier
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  • Page 10 Advertisements
    • 240 10 4 You can taste it with your eyes At Pin Hsiang Restaurant, Singapore's NEWEST addition to good, traditional Sichuan cuisine. Conveniently located next to the Shangri-la Hotel. At the RELC Building. With ample FREE parking facilities. We also cater for weddings, And have private function rooms. n" 0 Restaurant 00
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    • 118 10 Spectacular Double Bill A Cedric and Deb*>' e Larry's MidnigM ers excitement hits ROBIN'S TAVERN Two popular groups entertain from 515 p m onwards A single group performs on Sundays and Mondays Order a glass of White Horse Whisky, Bed Whisky, Seager Gin, .T\ Bisquit VSOP or Tiger Draught /•>
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    • 178 10 it THE NIGHT BIRDS' a popular all-girl Taiwan band and 'D'ELEGANCE' a five member band group. Thev will give live entertainment while you sink into our cosy seats with drink. Both groups have the perfect combination to put you in a wonderful mood. business hours pyly 4.00 pm to 1.00
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    • 136 10 MEMBERSHIP FOR SWIMMING POOL MEMBERSHIP FEE Single $15.00 per month Couple $25.00 per month Family $30.00 per month Group/Company Negotiable ENTITLEMENTS: Exclusive use of the Swimming Pool on 3rd Floor of the Hotel from 8:00 a.m. to 9:00 p.m. 10% Discount on all meals in Cafe De Grand. 10*o Discount
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    • 54 10 5® Relax in a cosy atmosphere after a hard day's work with Live Entertainment by IMvEIIBREAI) WEA AND T.V. RECORDING ARTISTE f# i OPEN DAILY TILL 1 AM AND SATURDAY TILL 2 AM FREE AMPLE PARKING Cockpit piotel tnlcmaHonal Pte Lid. Oxley Rise, Penang Road. Singapore 0923 Tel: *****11 "hast
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  • ASIAN STOCKS
    • 403 11 HONGKONG: Share prices closed moderately higher yesterday but were off the day's highs with some profit-taking seen towards the close. The Hang Seng index ended up 10.85 at 923.00 after being 3.13 lower at the mid-morning fix. Brokers said the index found its bottom at around 900 and
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    • 270 11 MAT 24 NT Lien Hwo Indus II 90 •0 1 0 2 Nan Yo Plas 36 80 -0.6 All Strtcere Indus 9 15 Pacific Cons 32 00 -02 As»o Cement Cothoy Cons Chong Hwo Bonk Chen Loong CKwo Hsm Cement 31 90 34 00 54 50 28 00 -0
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    • 436 11 TOKYO: Prices closed sharply higher with the market average posting the largest one-day rise of the year in reaction to the yen's recovery. The average rose 228.26 to close at 10,251.72 after falling 38.48 on Wednesday. Turnover was a moderate 260 million shares against 250 million on Wednesday. Sentiment
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    • 85 11 May 24 Won Hyundai Corp 650 -15 Hyundai Motor 567 •4 KAL 461 -9 Bonk Seoul 667 ■3 709 ■4 Choheung Bk 670 unch Korea Oil 830 25 Commerical Bk 700 -1 Korea SJ*p 425 •5 Doefcm Ind 631 45 Lucky Ltd 750 +15 Daewoo Corp 390 unch Samsung
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    • 497 11 SYDNEY: Australian share prices closed easier yesterday as sellers returned to the market in late trading after signs of a recovery at midsession. Near the close the All-ordinaries index was 5.2 points down at a sixmonth low of 689.5, the All-industri-als index was 7.5 lower at 948.8 and the
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    • 141 11 BANGKOK: Prices closed mostly higher yesterday in quiet trading which centred on cement issues. The Book Club index rose 0.28 point to 117.68 on turnover of 19.8 million baht with 99,912 shares traded. MAY 24 Aokhom Thoi Asia Fibre Ayuthayo Inv And Trust Bangkok Bonk Babti 118 230 2
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    • 139 11 MANILA: Share prices firmed yesterday but trading was generally dull in light of lower gold prices overseas and continued tight money conditions domestically. The commercial and industrial index was up 0.13 at 133.64 and the oil marker was up 0.017 at 0.741. Mines were unchanged at 1,067.20. Lepanto 'B'
      139 words
    • 51 11 Reuter SIAM CEMENT of Thailand has placed a 15 billion yen order with Mitsubishi Heavy Industries for an integrated cement plant with a daily capacity of 4,000 tonnes. The plant will be completed at Siam Cement's Kaeng Khoi factory by late 1986, a Mitsubishi spokesman said.
      Reuter  -  51 words
    • 263 11 Reuter HITACHI Ltd has forecast record parent company net profit and sales for the year ending next March 31 and hopes to raise its dividend to eight yen per share from 7.50 yen in 1983/84. A spokesman said parent company after-tax profit is expected
      Reuter  -  263 words
    • Corporate round-up
      • 59 11 MITSUBISHI Estate Co Ltd has reported parent company after-tax profit 18.42 billion yen (16.11 billion) for the year ended March 31 Current profit was 36.14 billion yen (32.56 billion) and operating profit was 57.52 billion yen (51.53 billion) on sales of 185.61 billion (153.85 billion). A
        59 words
      • 117 11 FUJI Heavy Industries Ltd expects parent company after-tax profit of 14 billion yen for the.year ending March 31, 19», down from 15.18 billion in 1963/84, vice-president Toshihiro Tajima said. This is based mainly on a rise in depreciation charges to 31 billion yen in 1984/85 from
        117 words
      • 52 11 BROKEN Hill Proprietary Ltd has concluded a contract to sell the Soviet Union 105,000 tonnes of manganese ore from its mine at Groote Eylandt, Northern Territory, BHP Minerals announced. The contract also provides an option for the sale of a further 40,000 tonnes before
        52 words
  • Page 11 Advertisements
    • 340 11 Ul M m m -V T£ m, alii 1 j _r- "M ■■HMHRM •H m iF.fi. *1 A Singapore $12* P« r > G>: (ffffwdimntyd^ Tender, tasty chicken have it smoked, sauteed, breaded or deliriously roasted to perfection with a choice of wines by the glass to perfectly complement your
      340 words
    • 298 11 m ate If you appreciate fc Chinese cuisine: j| renowned I %^HongKong| I it Kirin Court to pamper We're open the whole day: Mon to Sat 11.30 am to 11 pm Tim Sum dishes served from 2 to 6 pm) Sunday 10 am to 11 pm (Tim Sum dishes from
      298 words

  • RAW MATERIALS
    • 503 12  -  By MICHAEL NEILL KUALA LANGAT MINING, the company formed to exploit the world's largest tin find in Malaysia's Selangor state, has commissioned the first of four dredge pontoons in pursuit of a planned start-up in 1986. However, with no production quota allocation at present because
      503 words
    • 106 12 Reuter CHICAGO soyoil futures reversed their negative trend in a last-minute rally on Wednesday to close higher in all months but March, with prices ranging from 0.43 cent per lb higher to 0.45 lower. Meal futures ended $2.40 per ton lower to $0.20 higher. Soyoil futures recovered from heavy
      Reuter  -  106 words
    • 1376 12 Robusta futures yester day ended an active session £38 tc £8 below the previous close. Jul} ended at £2,478, £18 above the low, but £32 down from Wednesday. Traders said the decline reflected mixed trade and commission house selling with participants continuing to roll forward nearby positions into
      1,376 words
    • 86 12 THE Straits tin price In Penang yesterday remained at the ITA (leer level of M$2S.l5 a idle. Dealers said demand remained poor as weakness of sterling against the Malaysian dollar further widened Penang's premium over the prior In London. The buffer stock manager again supported strongly at this
      86 words
    • 149 12 WHEAT futures closed one cent per bushel higher to 1/2 cent lower in light trade on the Chicago Board of Trade on Wednesday. Prices finished near the upper end of a 6'/« cent range. Heavy buying in July by a professional house helped prices rally from lower mid-session levels.
      149 words
    • 197 12 Malaysian crude palm oil prices yesterday recovered on covering and speculative buying to close firmer, with sentiment boosted by Pakistan's presence in the market at its weekly tender. May deliveries in the south region rose MJ37.50 to $1,695 a tonne and central rose $35 to $1,675 while June
      197 words
    • 105 12 M CMti/l ton 1 wllets) June Julv (current mth) (forward mth) RAS Buyers NOON Setters NOON Selleri SSR20 SSfi 50 196 00 194 00 198 OON 196 OON 198 00 196 00 200 OON 198 OON MftELB Idtm Sellers Buyers Sctlltn SMRCV SMR L SMR 5 SMRGP
      105 words
    • 325 12 R AS prices (in S cents/kilo, FOB in boles) NOON CLOSE Int 1 RSS prompt Buyers C J*ncr» Buyers Seders 196 00 197.00N 196.50 197 50N Int 1 RSS June 197 00 197 50 197 25 197.75 Int 1 RSS July 201 25 201 75 201 50
      325 words
    • 152 12 Chineee Produce Robusta 20/25% Exchange FOB NSW 487 50 (SeMers' noon dosinj 1 prices. SI/ Nutmeg 100 kg) 110 FOB NSW 355 00 Coconut oil B W FOB NSW 256 00 Bufc FOB 240 00 Gombier Old drum FOB New drum FOB Copra Mixed (kx>t«) 253.00 257 00
      152 words
    • 138 12 Yarn Japan No 2023 117 00 HK$ per bole of 400 lb) Shirting 116 50 Chino carded yarn, cones Blue Phoenix 16'* "J «iv> Hongkong Golden Peak, 60 x 60 115 50 Blue Phoenix 20'* 3.600 4,000 4.500 White cloth Blue Phoenix 32's Japon No. 10,000 Three Peaches Blue
      138 words
    • 272 12 Singapore (S$/Mo, ei-godown) Thai white C-l Ordinary Loonzain 100% first grade 100% second grade Uno S3 100% 1st class 100% thrd grode Unc (kangaroo) new crop 1,05 fj'bO'W 0 78 r^L 260 100% 2nd class 100% 3rd class 0.76 ,0% 255 25% new crop B-10% No stock Maize No
      272 words
    • 589 12 "fuuL rtuujiLTi iiMU a nominal increase in raw wool prices next season the Australian Wool Corporation decided to leave the floor price unchanged at 470 Australian cents a lb, according to its report to the annuai conference of the International Wool Textile Organisation which
      589 words
    • 106 12 AFP THE INTERNATIONAL Coffee Organisation's (IOO) executive board will meet on June 4 to rti«rn« the rise in coffee market prices that has led to three one-million bag quota increases so far this season (October 1983/ September 1984), ICO sources announced on Wednesday.
      AFP  -  106 words
    • 265 12 SINGAPORE: Rubber market closed slightly lower yesterday with June One RSS buyers quoted at 197.25 cents a kilo, down a quarter cent from Wednesday. The morning session was marked down 1.50 cents on lower Japanese market advices and lack of buying interest in quiet trading. Levels rose some two
      265 words
  • Page 12 Advertisements
    • 63 12 THE JOCKEY TOUBET! IWI hat's so thick, so juicy and so tender, that it practically melts in your mouth? What comes with baked potatoes, bacon chips, sour cream and fresh tossed salad? The Jockey Pub's airflown, grainfed U.S. Prime Rib Steak, of course. The Jockey Pub! You bet! sVs v
      63 words

  • SHARE INFORMATION
    • 4706 13 SHOWING that the market still has some spirit left, in spite of a two-day shakeout last Friday and Monday, investors on the Singapore stock market returned with a vengence and bought shares across the board. By the closing bell, the BT Composite Index
      4,706 words
    • 243 13 SINGAPORE Rls es Indices p »J»* 1850 +105 Saocorp 1800 +100 23 Mo, 24 gg 1450 +100 "Cwpewte 642 87 ***** Totan Mmi 1620 70 *1 !ri ,c ,,> 23V4M9 *****69 D Karomot 1320 70 fI,°* /OS -479 -336 *ST 2550 50 n* 57 949 39 Temerlofc
      243 words
    • 276 13 A LATE burst of interest pushed share prices sharply higher at the Kuala Lumpur stock market yesterday in substantially heavier trading. The market's surprising strength came amid yesterday's start to the Umno party elections which many had expected to put a brake on any fresh
      276 words
    • 3713 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1.000 units unless otherwise specified. All Time SetUement Contracts are quoted after the word "SETT".
      3,713 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 1359 14 j The Malaysian Capital Issues Committee's guidelines for valuing landed properties will become law in a matter of months. But private valuers have expressed reservations about some of the guidelines, such as the rule that properties should be valued on their existing use, without taking into
      1,359 words
    • 95 14 HONGKONG Australian Industrials Hang Seng Index Thursday 948.8 Thursday 923.00 Wednesday 956.3 Wednesday 912 15 Week ago 993 8 Week ago 933.72 NEW YORK TOKYO Dow Jones Wednesday 1113.80 Tokyo Dow Jones Thursday *****.72 Tuesday 1116.62 Week ago 1153.16 Wednesday *****.46 Standard and Poors Week ago *****.51 Wednesday
      95 words
    • 232 14 Managers' prices MARA Bumiputra for May 25 First B'putro Second B'putra 6 17 6 22 5 49 5 54 Singapore Unit Trust Third B'putro Fourth B'putra 4 35 4 40 5 52 5 57 The Commerce 3.22 3.42* Fifth B'putra Sixth B'putra 3 67 3 72 The Savings
      232 words
    • 319 14 g THE RECENT rise in interest t rates may dampen enthusiasm for US oil industry takeovers, but analysts doubt it will halt the trend. a The most attractive targets among the major companies are Phillips Petroleum Co, Sun t Co
      319 words
    • 2986 14 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. INDUSTRIALS Akom (2.298 2.30S) (2) 2.24 (5) 2 26 (3)
      2,986 words
    • 378 14 Reuter CONTRARY to stock market belief, British Petroleum Co PLC no longer faces the prospect of declining reserves, a BP spokesman said. He confirmed that BP officials recently told analysts that discoveries in the North Sea and elsewhere indicate that current production should be at
      Reuter  -  378 words
    • 168 14 Reuter BOOTS Co PLC is actively seeking acquisitions which could help profit growth and provide new products and geographical representation. The quest will be helped by the group's increasingly strong financial base. In fiscal 1983/84, just reported, the second half maintained the forecast
      Reuter  -  168 words
    • 25 14 BRITISH-Amercian Tobacco Company: 41st AGM on May 25 at 11.30am in The Ballrooms, Level 3, The Pavilion Inter-Continental Singapore, 1 Cuscaden Road (1024).
      25 words
    • 882 15 HARRISONS Malaysian Plantations Bhd (HMPB) has unveiled a massive restructuring scheme involving the takeover of 10 UKdomiciled plantation companies within the Harrisons Crosfield PLC group (H C). Bumiputra Merchant Bankers Bhd (BMB), acting as HMPB's financial adviser, said in a statement
      882 words
    • 222 15 SAN HOLDINGS Bhd is still pursuing the objective of getting its shares requoted on the stock exchanges of Malaysia and Singapore. However, the company will have to expand its activity base and profitability before an application for re-quotation can be made to the
      222 words
    • 991 15 TOE market closed lower yesterday for its third successive session as government bonds led the decline by losing as much as 0.5 point. At 3pm, the FT 30-Share Index was off 10.3 points to 837.3. Yesterday's closing middle prices of selected stocks, excluding stamp duty, were: INDUSTRIALS May
      991 words
    • 576 15  -  By CHAN OI CHEE A RECORD number of listed companies have been promoted to the first trading section of the Stock Exchange of Singapore, bringing them a step closer to achieving blue chip status. The SES disclosed yesterday that 15 companies, four of
      576 words
    • 506 15 IN SPITE OF the soft conditions prevailing in the property market, City Developments Ltd is confident that group profitability can be maintained this year. A steady source of rental income is assured from the group's investment properties which are expected to continue enjoying
      506 words
    • 269 15 FOLEX Industries Bhd, which expects to be relisted once it obtains the relevant approvals for its proposed reconstruction scheme, has continued to incur further losses. For the six months to Feb 29, 1984, Folex incurred an audited group attributable loss of MR 13 million
      269 words
    • 60 15 TASEK Cement Bhd's proposed acquisition of a 30 per cent share in Cement Manufacturers (Sabah) Sdn Bhd is not likely to have any effect on the group's profits for the next 12 months. The proposed takeover will be financed from internal funds, it
      60 words
    • 39 15 PUBLIC Bank Bhd will be paying a final dividend of 10 per cent, less 40 per cent tax, on July 28 to shareholders registered as at July 4. The bank's will be held on June 28.
      39 words
    • 12 15 TRADING in the shares of International Wood Products will resume todav.
      12 words
    • 354 15 LAST FULL YEAR Company Killingholl Tin Ming Court Raso Soyong Loytcpe Petaling Murato Goodwood Park H Msio South Msio Ind AMDB Kinto Kellas Dutch Baby Syn Resins C C M Sin Heng Chan A P 1 Kromot Tronoh Mines S'pore Gloss K L Kepong S P Textile CASH
      354 words
    • 250 15 THE powerful Kuwait Investment Office and Malaysia's Employees Provident Fund have declared additional purchases of Cycle Carriage Ltd shares. With the latest purchase of 1.2 million Cycle shares, the KlO's stake in the holder of the Mercedes Benz and Mitsubishi franchises is fast
      250 words
    • 120 15 LION C«rp Bid has denied a press report that the company intends to acquire Cheq Point. As it turned out, it was Malaysian Resources Corp Bhd that had agreed to acquire a 60-per cent stake in Cheq Point (M). THE KLSE has asked Industrial Oxygen Inc Bhd to
      120 words
  • Page 14 Advertisements
    • 224 14 ttalagsian Architecture Identity SEMINAR PROGRAMME WEDNESDAY, JUNE 13 1984 Speaker Speaker Speaker THURSDAY, Time Topic Speaker Speaker 9.30 am to 10.15 am Towards A Post-Independence Malaysian Architecture Dr Ken Yeang, President, Malaysian Institute of Architects 10.15 am to 11.00 am Economic Factors Affecting Highrise Construction Mr Philip Chow of T.Y.
      224 words
    • 209 14 NOTICE ARROW ADVERTISING PTE. LTD. (incorporated in the Republic of Singapore) (in Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 272 of the Companies Act Cap 185 the Final Meeting of members of the Com pany will be held on Fnday 6th July 1984
      209 words

  • Page 15 Advertisements
    • 142 15 4b INDIAN BANK through its Foreign Currency Banking Unit Colombo U5525,000,000 NEGOTIABLE FLOATING RATE CERTIFICATES OF DEPOSIT DUE MAY 1987 In accordance with the provisions of the Certificates, notice is hereby given that for the interest period from May 16, 1984 to November 16 1984, the Certificates will carry an
      142 words
    • 42 15 WELCOME TO 0° V de H '< Sauna L_ r~ Wa are hare just abova Chung Shan Motors OPEN DAILY: 10 AM TO 11 PM Massage Sauna Bath Rub Back Facial Manicure 51, Goldhill Plaza. #03-09 Podium Block (Old Goldhill) Tel: *****00/ *****11
      42 words

  • 356 16  -  By LISA LEE TUNG CENTRE, a new 24storey building in Collyer Quay, will have Banque Nationale de Paris (BNP) as its main tenant, but at the expense of the neighbouring Overseas Union House. The bank, which has a restricted license in
    356 words
  • 294 16 PROPERTY developer Bukit Sembawang Estates Limited has lost another large chunk of land due to acquisition. This time the loss amounts to more than 174,000 sq metres. A government gazette issued yesterday said it is acquiring more than a quarter of a million square metres
    294 words
  • 228 16 THE Trade Development Board is opening an office in Bandar Seri Begawan, the capital of Brunei, this month. Appointed as centre director of the new office is Mr Nordin Mohd Yatim, an experienced senior trade officer. Brunei, with a per capital income
    228 words
  • 586 16  -  By BOEY KIT YIN ALTHOUGH the world appears to be fighting its way rapidly out of the slump, the secretariat of the General Agreement on Tariffs and Trade (Gatt) today warns that solutions have yet to be found to fundamental
    586 words
  • 170 16 A KOREAN employee of Daewoo Corporation fell to his death on Wednesday. He is the third construction worker to die at the company's worksites since It started Molding HDB flats a year ago. Steel worker Lee Jeong Kyn, 28, was killed after falling
    170 words
  • 381 16  -  By ALVIN TAY GOVERNMENT support is very important for the growth of the leasing industry, judging from the Japanese experience. Mr Yoshihiko Miyauchi, president of Asian Leasing Association, said the volume of leasing contracts signed in Japan amounted to three trillion Japanese yen as
    381 words
  • 123 16 THERE are basically three types of residual value insurance, an alternative leasing companies may have to resort to once the indemnity clause in all leasing contracts is removed. Mr Peter K Nevitt, chairman and chief executive officer of the San Francisco-based BankAmerilease Group, said
    123 words
  • 125 16 Reuter IRAQ said its air force yesterday attacked two more ships in the Gulf south of Iran's Kharg Island oil terminal An Iraqi military spokesman said the air force jets hit "two enemy targets" early yesterday morning. He described the attacks as "effective" and
    Reuter  -  125 words
  • 66 16 Reuter WALL STREET stock prices were lower yesterday in early trading as the market continued to be hurt by interest rates and concern about the banking industry. The Dow Jones Industrial Average, which has fallen for five straight days, was down less than one point to
    Reuter  -  66 words
  • LATE FILE
    • 33 16 Reuter the HONGKONG Commissioner for Commodities Trading has revoked the registration of Billion-Asia Commodities Ltd on the grounds that it was guilty of misconduct under Hongkong's Commodities Trading Ordinance. Reuter
      Reuter  -  33 words
    • 40 16 AFP US AMBASSADOR to the UN, Jeane Kirkpatrick, told Thai Prime Minister Prem Tinsulanonda in Bangkok yesterday that her country backed Thailand's bid for a UN Security Council seat which would be vacant later this year. AFP
      AFP  -  40 words
    • 34 16 UPI FIRST Lady Imelda Marcos and 29 other members of President Ferdinand Marcos* Cabinet yesterday submitted their resignations to allow him to reorganise his government after massive opposition election gains. UPI
      UPI  -  34 words
    • 26 16 NYT AMERICAN Secretary of Defence Caspar Weinberger yesterday disclosed that the navy had bought small, remote-controlled pilot-less aircraft from Israel. NYT
      NYT  -  26 words
    • 47 16 AFP A HOUSEHOLDER "deserved a medal" for killing a thief he caught in the act of stealing 50 US cents left out for the milkman. A South African judge yesterday acquitted a white bus-driver of a charge of murdering a black last October. AFP
      AFP  -  47 words
    • 22 16 Reuter THE BRITISH government will not intervene in the coalminers' strike, despite its apparent impact on sterling, Reuter
      Reuter  -  22 words
  • Page 16 Advertisements
    • 67 16 Luxurious 1-bedroom or 2-bedroom apartments Fully furnished Full housekeeping service run nouseKeeping service Free membership of Plaza Health Club Free carparking 24-hour telephone and telex services Rental from 553,000 p.m. inclusive of service and utility charges Attractive discount for long term lease THEFLAZA SERVICE ABUTMENTS Managing Agent ■111 UNITED OVERSEAS
      67 words
    • 92 16 Wine and dine your clients at The Captains Table. Clote a business deal, dictate a letter, send a telex at The Businessmen s Centre, an office away from the office. Work out at the gym, play squash ana tennis or enjoy exciting sea sports. The Orchard Sun. The finest business
      92 words
  • Page 16 Miscellaneous
    • 55 16 saMfiaaa Outlook for today: Showers over several areas in the morning and afternoon. Report for 24 hours prior to 7.30pm on May 24 at the oirport: Maximum temperature 32.0 Associated humidity 61 Minimum temperature 24.4 Associated humidity 97 Hours of sunshine 7.05 Rainfall in millimetres 0.7 Rainfall this month 12K9
      55 words

  • SHIPPING TIMES
    • 332 17 INTERNATIONALS hipping experts have failed to reach agreement on a new law to introduce compensation worldwide for damage from chemical pollution. In a series of meetings held by the International Maritime Organisation in London, it was impossible to get agreement by
      332 words
    • 651 17  -  By G DURAIRAJ MALAYSIA HAS held the first round of talks with the United States on the proposed series of shipping agreements it plans to conclude with major trading partners to increase bilateral trade. The meeting, similar to the one held between
      651 words
    • PORTSIDES
      • 78 17 Reuter 9 SHE SB the New Stallion and New Bear of Sin Chiao Shipping Ltd of Singapore have been held up off at Karachi Port for a month following a dispute between the shipping company and stevedoring companies, the Pakistan Shippers' Council said. The council appealed
        Reuter  -  78 words
      • 130 17 Reuter THE JAPAN/Taiwan/Japan Container Freight Conference said it will cut the currency adjustment factor to 17.0 per cent from 19, effective June 1. It said it decided to reduce the CAF because of changes in currency values. The Japan/India-Pakistan-Gulf/ Japan Conference will also reduce the CAF to 13
        Reuter  -  130 words
    • 748 17 imppmg Lin# Abe* Transport Cot v 1 Shipping Uwo Feaco Pine-Liner FMG-CAVN Franco-Be lg Praia Shpg Freight Links Freight Manage ment Frou Fujiwara Line Globe Line Gold Star Line vn VI VI m VI VI X V IV VI X Col »hlpptnu Una Col P*9# Col Alee
      748 words
    • 301 18 TWO NEW coal ports worth AJ43O million have been opened in Queensland, Australia, to provide faster, more efficient service for coal customers. The ports, with the highest coal-loading technology, will mean quicker ship turn-arounds, shorter hauls especially to Asian markets and it is
      301 words
    • 208 18 THE AMERICAN Bureau of Shipping has produced a new guide for surveys based on preventative maintenance techniques. The guide assists the shipowner in develping his own machinery preventative maintenance programme, which, if approved by ABS, will credit the owner as satisfying the special survey requirements
      208 words
    • 559 18 International Transport Journal PRE-TAX profit of Overseas Containers Limited (OCL) for the twelve months to November 1983 amounted to £13.3 million, a mere half of the £26.7 million achieved in 1982. Turnover showed a slight increase from £502.1 million to £516.4 million, although the
      International Transport Journal  -  559 words
    • 334 18 AFP THE 11 KENYANS thrown overboard from the Greek ship the Garifalia were workers on the ship, not stowaways, Kenyan solicitor-general Teddy Aswami said, adding a new twist to a tale that has caused international revulsion and outrage. Meanwhile, a Greek newspaper report tended to
      AFP  -  334 words
    • 1242 18 GRAIN chartering provided most of the interest in a generally quiet freight market on Wednesday, brokers said. Business was done from the Great Lakes to AntwerpHamburg range for 16,400 long tons grain at US$lB for June 1/10, while a vessel was taken from US Gulf to Constantza with
      1,242 words
    • 224 18 THE OAKLAND Board of Port Commissioners has finalised agreements that will bring Johnson ScanStar, which currently uses the Port of Richmond, to the Port of Oakland, using the new US$5O million Charles P Howard Terminal. Johnson Scan Star, a leading container shipping company operating
      224 words
    • 193 19 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      193 words
    • 572 19 Lloyd's List LLOYD'S IS planning to clamp down on "umbrella" arrangements under which outside brokers can enter the market and place risks using the slips of a Lloyd's broker. The main recommendation of a working party set up nine months ago is that in
      Lloyd's List  -  572 words
    • 207 19 NEW FXJEL-efficient ships now on the drawing board are expected to make existing vessels obsolete by providing better fuel economy and at least a 50 per cut reduction in manning levels. The executive vice-presi-dent of the Det Norske Veritas ship division, Mr Nils Nordenstrom, reportedly
      207 words
    • 213 19 THE PORT of Singapore Authority will be conducting one-day safety appreciation courses for foremen, supervisors. stevedore workmen and ships' winch deck rane operators employed by private stevedoring companies. Only stevedores who have attended such courses will be allowed to work in the port from June
      213 words
    • 144 19 A DIFFERENT form of accounting and slack trade has brought Zim Israel Navigation into its second straight unprofitable year. In a recent report to the Tel Aviv Stock Exchange it was shown that while Zim's total losses for 1983 amounted to U5549.2 million, compared with
      144 words
    • 6209 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      6,209 words
    • 647 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship SS Bridge Takari II Maersk Mango KV Trush Thana Bhum Anro Aust Family Ace E Guide Zim Kaohsiung E Grade HK Ace S'pore Eagle Lanka Siri Hayakawa M K Kanevskiy Harvester Zim Trieste Johore Br Achieve Sea Glory Frankfurt
      647 words
    • 1744 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (Si Afra-EaraaU Liar Trans group iSI \kreaUel User Service Kim Shpg (S) Alfred C Taepfer Oceanus Shipping A gen cy (Si Marintex Enterprise (PK) Alpar Intrasea (St Binung Shpg (KL)
      1,744 words
    • 430 26 20NI AT CONVENTIONAL WHARVES Vessel KEPPEL WHARVES Bunga Orkid Coral Princess Equator IV Iramuar Kao Cheng Kim Soon Li Lan Chang Jiang Pres Taylor Siti Suyen Straits Star Dowoon No 3 Conti Helvetia Hannah Lu Iran Vodjan Jenson IV Oriental Crane Pervomaysk Ping Ding Shan Qing He
      430 words
  • Page 17 Advertisements
    • 902 17 Times Bookshops! I l< L)l I \M \fl "H t rr uug dUU I SEALORDE3 FULLY CONTAINERISED SERVICE s i' 10 EUROPE VIA SUEZ I *ORCNTAI CHIEF 39W 4/6 hk contarcr 40N 10 5 IS SE AS BRDGE 4iN 17/6 CtCVW.CH PMC AON 22 6 ICHMA CONTARCR 26W 27/6 CFCVAICR
      902 words
    • 22 17 LONDON Freights 11/IH CONSORTIA 11l SHIPPING Schedule VIII/IX CONTAINER Schedules ix WHO Acts for Whom ix SHIPS In Port X REGIONAL Weather
      22 words
    • 650 17 TIMES litisiiM ss i >irr< i< >r o( Siii)>.i|N>nDEVELOPED OVER A PERIOD OF 8* YEARS (BUKU MFRAH) MAERSK LINE EXPORT FASTEST SERVICE TO USA EUROPE M. M RANDO M. RANDO M. RANDO M. RANDO M. RANDO ATLANTIC-. EAST PANADA. INLATjnPSnTTS 31-31/5 7-7/6 14-14/6 21-21/6 28-21/6 to Port 1-2/6 •-9/6 15-16/6
      650 words

  • Page 18 Advertisements
    • 334 18 MM, FAR EAST/EUROPE CONTAINER SERVICE To Europe I fmtm Vr Vtssai I Sport ll> B. BUTANG B. KEMJNNG From Europe 3) H'burg 4) Gturg VESSEL I) Gburg 2)tfburg 3) Bwn 4) *«m |s)it M j t 1) Barcelona. Genoa. 2) Amsterdam Antwerp. IHawe Baste. UK. 3) Bremen Bremerhaven Aarhus Copenhagen
      334 words
    • 334 18 m Y.S. LINE USA/CANADA Pacific South Wml FMdw at Tokyo U* YAMASHITA-SHINNIHON LINE QV CONTAINER SERVICES Pacific North Watt Atoo accepting LCL Cargo for USA Ports only. 021/375 014/374 034/377 *3t/17l cargo to Doha I Mk Dhab 15/« 10/1 m 24/6 wt jo/i 30/4 KMWI. DAMMM. BAHRAM. DOM. A DHAB
      334 words

  • Page 19 Advertisements
    • 752 19 The Straits Steamship Group occ Overseas Containers Limited SERVICE TO UK/CONTINENT FRAMFURT EXWSS LMVOa SAT 03/ M/C 12/» i .lii.V. -ui 21/t •4/7 N/7 12/7 14/7 WNSKON6 EIPRESS CAMKAM BAT 21/7 31/7 M/l K/t •inaii: CONTAINERSHIP SERVICE FROM UK/CONTINENT GULF TKADC NEW ZEALAND TRADE 3RG Australia Straits Container Line (A
      752 words
    • 86 19 Etc UNES EAC LINES BULK/BREAKBULK SERVICE DIRECT MONTHLY SAILINGS US EAST COAST/GULF PORTS PMUBANC BELANAN SMQVWC PADANG NORFOLK mmm NEW ORLEANS SUMBAWA JUN 4-7 IK 9-12 JUN 13-14 IUN 17-19 JUL 30 AUG 2 AUG (-7 AUG 1-11 SSONGA JUL 59 JUL 12 16 JUL 17-11 JUL 19 21 AUG
      86 words
    • 614 19 CARGO SPACE AVAILABLE To Karachi, Colombo, Chittagong and various ports with reliable lines and very competitive rates For enquiries please contact at Dayal Enterprise TEL: *****05/*****80 TLX: ***** NATES Franco Belgian Services rfn 'T f S,. rit) H /f/ {< lf r liln hilr hastt rn incs (Memhei ot Ace
      614 words

  • Page 20 Advertisements
    • 563 20 r' Hapag-Lloyd 10 CONTINENT UK FROM CONTINENT UK IMPORTS S*i{ipo»e Booirj Fretftit *****72 *****11 *****09 *****00 lemwijl *****33 Agent* SEGANI K Lumpu *****1. *****9 *****4 P KeUii *****8 CFS *****8 Penanj *****7. *****3 *****3 ANTARA SHIPPING SDN BHD No 36 JALAN BERANGAN PELABUHAN KELANG TELEX MA ***** MAWAR EXPRESS RO-R0
      563 words
    • 375 20 m FULLY CONTAINERISED SERVICE 10 EUROPE Vl* SUEZ 1 Member ot the Ace Comortwn FULLY CONTAINERISED '0 fROM NORTM JMfRICA f AS! COAS! •ttj leedcr vtucl 0 GOVERNOR 1(£ N. CRYSTAL 2U FULLY CONTAINERISED 10 I RUM NO«IH AMERICA WEST COAST *vu lotto vtsul m* Sport* *H L Beich OHUnd
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    • 565 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG FCI t ICI CARGO FOR S® Wl «G HI ROM ANN IHV "15 >*05 II 20/0t 22/0t 2tot l«0t not JO 06 02/07 04/07 Ot 07 01 07 CmClhe, 14/Ot lb Ot Ot 07 01 07 10/07 11/07 1J 07 also acceptmg la
      565 words
    • 389 20 Everett Lines V > COMPANIA PERUANA DC VAPOREES (C P "PERUVIAN STATE LINE" -loadine hx CaHao Mataram Ho and all other Peru.un ports with transhipment at Hongkong and or Kobe On CPV Through Bills ot lading to final destination THOMASEVERETT* HUGHE VERETT MANOLOE VERETT P KHanj Snfapore lnPt/27 May 21/29
      389 words
    • 275 20 US I NOSE U M A DITIIir nvr m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Smfjpore Load** for RAN BORHAN 1/6 B. Abbas. B. POUT M i ANG SINOS( MARiTMK PTE ITO Ifl .V ***** 1 I ??01j70 MAIOSi MARlllMt SDN BHD T«l *****2 3
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  • Page 21 Advertisements
    • 601 21 SL PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL KOTA WANGSA KOTA MURNI KOTA AGUNG KOTA SEJATI KOTA SALAM VOYAGE SINGAPORE LOADING FOR: E-501 28-30/5 HODEIOAH, JEDDAH, PT SUDAN, ADEN. MOMBASA. D'SALAAM f 2 l/# MOGADISCIO. HODEIDAH, ADEN, AOABA f"SI 15-20/6 HODEIDAH, JEDDAH. MOGADISCIO. MOMBASA. D'SALAAM I"* 09 1-3/7 HODEIDAH. JEDDAH. AOABA.
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    • 270 21 MALAYSIA SHIPPING CORPN. SDN. BHD. VESSEL KOTA MDAH KOTA HARAPAN KOTA BAHAGM KOTA BERLIAN VOY. PENANG 4/«4 5/14 5/14 6-10/6 5/«4 P. KELAMG LOAOMG FOR M PT-29/5 KUC/TA/KK/ LBN 21-10/6 KK/SXN/TA 11-11/1 KU/KK/SKN 14-19/6 KK/SKN/TA Agents SINGAPORE Pll P KEIANG SEIATAN AGENCY K I SEIATAN AGENCY PENANG LEAN BEE t.
      270 words
    • 877 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE 10 m»i#t Funkhat (iprm h»ffpoo( Bar Bremen Eiprm Hambwj Eiprm ItomtooWt E iprns Bern eon Honfkonj Eipress Card**) Bit BenaMer STRAITS SPORE PKEIANC UK HAM 17/0 1»S 23/1 ft 2/7 9/7 11/7 l(/7 11/ 7 VI 118 |ll'l 111 (won B HAVEN ROAM
      877 words
    • 592 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST FULL-CONTAINER SERVICE GOWA VBHB SPORE MO 23/5 21/5 YOKOHAMA KOBE 2/8 4/6 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE m ARE ACCEPTMG BOTH COKTAIOS. CONVENTIONAL CARGO AMD BULK LIQUD CARGO FOR BOTH MPORTS AND EXPORTS AM) ALSO TO/FROM UK N.AJO PORTS. If HAVRE. OSLO. COPCWMGEN.
      592 words
    • 596 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon PAAN V 72 HTONEYWA V 194 PAGAN V 75 PHASHWEGYAWYWA 20/22 June S pore P Kelong Penang In Pt/27 Moy 27/29 May 25/25 May 10/13 June > BANK UNE EXPRESS INDEPENDENT SERVICE TO UK/COOT SPORE R'DAM
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  • Page 22 Advertisements
    • 921 22 Kline KAWASAKI KISEN KAISHA. LTD. PACIFIC COAST (iMllilag DESTINATIONS INLAND vU IPI, MICROBRIDtiE A MINILAND BRIDGE) T/S PORT LA/IB (BU) 8 Jun 19 Jun (BU) 12 Jun 23 Jun (TK) 16 Jun (TK) 15 Jun 26 Jun (BU) 18 Jun 30 Jun <KL) 22 Jun 7 Jul (BU) 25 Jun
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    • 449 22 r.iw! 1 1 "f'i E CHAR CHING MARINE CO LTD rj; i j k»ii MO!** KSSfI CC SfO CC LGB CCPTL CC LA USA WESTCOAST FULLY CONTAINERISED SERVICE 07 UT HUT LKACH OAKLAW SEATTLE 02 AIT 04 UT 07 UT 12 UT 14 UT 17 UT 21 UT 23 UT
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    • 696 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loidnt to. LOS ANGEIES SAN FR*NC(SCO SEATTLE TACOMA VANCOUVER BC Accepta* FCL FCI Conlmn ,J U Mr AUSTRALIA EXPRESS CONTAINER SERVICE Accept*, Fa/fa C Aho iccrptnf from PR Ha* la Auck W«oi,tl PR«ta<«* Spn IMb rawas u* Clow, il km COU GO. 31
      696 words
    • 595 22 SANKDASIA FROM JAPANESE POUTS ANO HONGKONG P Mint PeMflf 1 SOW* CHURN taPt/26Ma, 2 TEKAO 26/27 Mj, 21/29 May 3 HAM TMOR 26/27 May 21/29 May 4 BERDMARI 27/21 May 29/30 May 5 REGENT RANGER 29/31 May 1/2 km 6 FUKUZAKIMARU 2/4 km 5/6 tun 7 GREAT MOUNT 9/10 Jun
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    • 531 22 SHIPPING TIMES, Friday, May 25,1984 t INTRASEA (PTE) LTD lO Anson Road «27 16 Internationat Plaza Singapore 0207 Tel *****11 (10 Lines) motatiams o BREfIKBULK SERVICE TO EUROPE/UK KONKAR THETIS S pore P Mang loadiif for:30/5 2/6 ANT/ROTT/U.R ALPAC LINE SS." ~a ALPAC ASIA 165N6 S pore P Kelang Loading
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  • Page 23 Advertisements
    • 625 23 NEPTUNE ORIENT LINES LI FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ) mtmtt, ,< *Cf Cioiirl,. H< CONTAINER 40W. SS BRIDGE 46W FROM EUROPE (VIA SUEZ) LCL Cargo 0200 3/6 SS BRDGE 45£ C PAUL 39C C CONTAINER 25£ C ROZE 3ft N6MNETI9C P. Kdanj In Port 30/5 4/6
      625 words
    • 474 23 heung-a shipping Korean Flag Vessels SE BAHGKni J« ,SED D,RECT SERVICE TO BUSAN INC MOM f w 0/ £1 5» m z 1" Sfc M C Hl*? TT CHALNA. CALCUTTA VU i) ,t *:,(%> TUNAS Sf ll* SON BHD Kl Tel *****0 *****4 P* Tel *****4 NN IH *****S 3674
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    • 795 23 m OIINSUV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD 5 u P KELANG M/S SHARK AT RAH SOON SON. M IST ANO 2ND FLOOR NO I JALAN CEMPENWG PORT KLANG MAIAYSW TH *****6 8 Tete. No ***** (REGULAR PENANG *?smanX. !Tt??2«i c "U) SERVICE) ODESSA OCEAN LINE FULL CONTAINERSHIP SEBVirre lows
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  • Page 24 Advertisements
    • 740 24 Itc<|i«mal Container l>inrs o*?YFn?f] 2 Sailings Weekly Wniliilijl V Reliable Regular Punctual Berthing PS A 1500 Hrs Tuesday Saturday MUM BHUM T MAW* BHUM SMI BHUM I HAM BHUM SRI BHUM THAN* BHUM SKI BHUM THANA BHUM S*l BHUM 'HAN* BHUM SMI BHUM THAN* BHUM SRI BHUM STOW BKK SCOKf
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  • Page 25 Advertisements
    • 114 25 GRA CHARTERING PTY LTD SPORE Loadinf for M.V. MONT AUK GANNET May Capetown, Durban. E. London AGENTS: TAISIN SHIPPING PTE LTD WORLD TRADE CENTRE 1 MARITIME SQUARE #12-18 SINGAPORE 0409 TLX: R*****1 TEL: *****11 LICOItNH A=--. GENERAL AGENTS SEALION SHPPMG (S) PTE LTD. fINCAPOtf SALES/BOOKINGS TEL *****11 (S LUES) E9M
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    • 471 25 jr" Nedlloyd Lines Loadmg for CENTRAL AND SOUTH AMERICA I CARRIBEAN/CENTRAL/EAST COAST SOUTH AMERICA VESSEL S POREI C'BAL WSTAD 'BTOWN P. OF RIO.J BTOB SPAIN N. Nagasaki 8/6 20/7 23/7 24/7 25/7 18/8 20/8 UNagoya 8/7 21/8 23/8 28/8 30/8 26/9 28/9 N. Nassau 8/8 21/9 23/9 28/9 30/9 26/10
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  • Page 26 Advertisements
    • 57 26 LIN LIN SHIPPING PTE. LTD. —-J 1. Magazine Road. »05-08 Centra* Building. Magazine Road. *05-00 Centra) Building. Singapore 0105 Tel: *****14 A *****22 REGULAR SERVICE TO BOMBAY/KARACHI CONTAINER CUM CONVENTIONAL ETA ETD "OCEAN FREIGHTER" 28/5 31/5 "TBN" 28/6 30/6 lifts Nricomt P I LTD SPWE ORIENTAL SHPG CORPH. K.L. PH
      57 words
    • 64 26 CONCORD LINES CONVENTIONAL LINER SERVICES I (JADING (OR MUARA lABOAN (Xccrpt»| 70») Cwitwim) MAMAS (OKCT) (Ptmom Ptnh H* Phonfi Sublet to mkicracnl CONCORD MARINE PTE LTD TEL *****60 (3 L.n«) TLX R*****3 CMSHIP LIZENA PTE LTD T*l: *****29, *****67, *****68 T»l«x: R*****1 PHNOM PENH/HCM SERVICE ETA ETD MEKONG VENTURE DUMAI/PEKAN
      64 words
    • 619 26 C.Y. LINE (A Member Of The ACE Consortium) CHO VANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) ISpore MUn,|lrtU.»*<U» film Hburfßiem Art.*p #llll« CHII 3» 4 t St 2}>t Ni X i n ni 17 hongkonc conimner *ow it t ll,t m 2/7 4/7 5/; SEVEN SEAS
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    • 626 26 HEAP SENG TRADING SHIPPING PTE. LTD. 13-01, 13th floor, Golden Mile Tower, Beoch Rood, Singapore 0719 Tel *****44 Tl« R*****2 HEAPCO SINGAPORE TO PHUKET/WEST MALAYSIA SERVICE SPOW P KELANG PENANG PHUKET LANGS A V 55/14 In Pt/26 May n LANGSA V 56/ M 1/2 In* 5 FULL CONTAINER SERVICE TO
      626 words
    • 637 26 ZIM "J? 1 C0WI SERVICE acceptmg FCL/LCL ,0 us fast Coatt Panama Carribbean and East Canada '"J*' S® la. Kit Sa. N.c Hti > i" 2S Ma» 30 km 9kl 12 U 14 U 16 U *<«! 6km 30 km 9 Jul 12 U 14 kl 16 U *<« 'J!
      637 words
  • Page 26 Miscellaneous
    • 164 26 Regional Weather *7 Al I N Si >> Wi i» 2 si m v~ 3 sg S> ft/ Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain
      164 words