The Business Times, 8 June 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 FRIDAY, JUNE 8, ISB4 60 CENTS
    12 words
  • 482 1  -  Manufacturers will have to look elsewhere for new business By FOO CHOY PENG HIGH GROWTH of Singapore's colour television exports to the United Kingdom will end soon. A quota was slapped on the industry's exports to the UK earlier this
    482 words
  • 205 1 Reuter INDONESIA'S armed forces commander has called for an end to prejudice against the country's Chinese minority, saying it disrupted national unity. General Benny Murdani told reporters it was wrong to associate Chinese with affluence. He said not all the five million
    Reuter  -  205 words
  • 209 1 IMAGES of hands using pushbutton telephones in various settings. < Images of a pretty bedroom side-table, a work-bench, a secretary's desk, a kitchen, an executive suite, the luxurious interior of a car, and a sunfilled afternoon spent on an airmattress out at sea. Nimble
    209 words
  • 170 1 UPI PRESIDENT Reagan, before the formal start of the London economic summit yesterday, said that he was sticking by his prediction that interest rates would decrease by the autumn, despite the forecast of his chief economic adviser. Martin Feldstein, chairman
    UPI  -  170 words
  • Article, Illustration
    61 1 FRESH baying interest and short covering activities caused share prices on the Singapore stock market to close slightly higher yesterday. Hie market opened on a steady note, in line with the slight rally on Wall Street on Wednesday. The BT Composite Index closed 2.15 points higher at 843.81
    61 words
  • 288 1 THE SKILLS Development Fund has provided $5.6 million under a new scheme to encourage the development of comprehensive training programmes. The idea of giving grants before the start of programmes was introduced last October. So far, it has helped 14 organisations
    288 words
  • 142 1 DBS BANK will increase the number of its Autobanks automated teller machines (ATMs) to more than 60 by the end of this year, twice the figure reached for last year. DBS, in the latest issue of its house journal,
    142 words
  • 140 1 AFP SHAREHOLDERS of Hongkong's oldest conglomerate Jardine Matheson yesterday approved a scheme to transfer its registration to Bermuda, with new shares to be issued for the old. i The decision, first announced by Jardines chairman Simon Keswick in March, won 99 per cent approval at three
    AFP  -  140 words
  • 298 1 THE TIME has come for the International Labour Organisation to re-examine its attitudes to standard setting and supervision. The ILO should seriously consider introducing conventions which allow member countries to ratify them by stages in tandem with their social and economic progress. This
    298 words
  • Page 1 Advertisements
    • 122 1 The champion's choice for sheer grasp and power of play. Maruman ot Japan V. f^/ 1 As always, ICB not only gives you the better interest rate but also prompt and courteous service at any of our branches. Fixed Deposit Highest 1 month 7%% p.a. Rate 2 months 7%% p.a.
      122 words
    • 278 1 Leader, Page 8 mm SHARE INFORMATION 13 RAW MATERIALS 12 MONEY EXCHANGES 6 THE INDUSTRIAL Health Division will help factory owners monitor and control health hazards in their workplaces. After that, enforcement may be stepped up if factories still do not comply with the law. Page 2 FOREIGN investors who
      278 words
    • 102 1 Full raport, Pag* 10 International stocks, Paga 11 Aaian stocks, Paga 13 The show-piece of timepieces. Rado created the world's first scratchproof watch and became the undisputed leader in watch styling as well And now Rado presents still another milestone in modem watchmaking: the DiaStar «V 2200*. New Dimensions in
      102 words
    • 0 1
      0 words

  • HOME NEWS
    • 409 2  -  By JOANNE YAP THE INDUSTRIAL Health Division will help factory owners monitor and control health hazards in their workplaces. After that, enforcement may be stepped up if factories still do not comply
      409 words
    • 428 2  -  By LEE HAN SHIH DR RICHARD TT Hu, the managing director of the Monetary Authority of Singapore, will move into his 29th floor office in the new MAS Building at the mouth of Shenton Way early next year. A floor below him is
      428 words
    • 71 2 A US COMPUTER equipment trade mission is in Singapore on a two-day visit to discuss distributorship arrangements, joint venture proposals and other business opportunities with local companies. Taking part in the mission are four companies marketing computer hardware and software for mini and
      71 words
    • 158 2 TELECOMS will be one of the first communication organisations in the world to introduce a push-button Coinafon model displaying the numbers dialled. It will provide a check on whether the user has dialled the right number. This should reduce the loss of coins because of
      158 words
    • 99 2 THE Department of Extramural Studies of the National University of Singapore will hol<f a 12-session course on "Introduction to Architectural Design" commencing 19 June, every Tuesday, 6.30 to 9.30 pm in Room #04-35, Waterloo Centre. The fee is $110. The course lecturer is Mr Choy Kah
      99 words
    • 232 2 Seminars and courses DURATION June 11-12 June 11-13 TITLE Computer Applications To Structural Analysis By Matrix And Finite Element Methods Production Control VENUE Apollo Sentosa Hotel Equitorial ORGANISER Applied Technology Man-Tech Consultants (S) Pte Ltd Singapore Institute Of Management Singapore Institute Of Management NUS, Department Of Extramural Studies NUS,
      232 words
    • Article, Illustration
      237 2 AUSTRALIA'S LEADING Kelpie breeder, Mr Tim Austin, has a significant export trade in this dominant Australian sheepdog breed. Kelpies are prized not only (or their ability to handle sheep, but also their endurance, energy and strong feet. From his Elfin vale stud near Coleraine in the sheep region
      237 words
    • 147 2 FROM Sunday, June 10, SBS will be introducing a new feeder service designated as service 329 to serve Defu Industrial Park. This new service will provide workers and residents travelling to or from Defu Industrial* Estate with a link to the Hougang Interchange. Changes
      147 words
  • Page 2 Advertisements
    • 275 2 THE NEW BDESn ARGENT A 120 I.E. AUTOMATIC 1995 c.c. w oPlh, The FIAT APGENTA o styng 'hat vinmis'al-ably mak» giOus car A car tha' carries her profile 'o the utmost rr that cannot go unnoticed A pride to the most discernn atur» A look at the fIAI APGENTA ana
      275 words
    • 158 2 it J* RfSTfIURRNI live seafood Holland Road Shopping Centre, 4th Floor, Tel: *****06/*****18 9 Courses with WHOLE SUCKLING PIG Our Grillroom only $280 opening soon! T erms; Cash2BT 1. Special Cold Dish 2. Crab Meat Shark Fin's m m c V. Jt 3. Roasted *c. Suckling Pig 6 Steamed F,
      158 words

  • OVERSEAS
    • 331 3 Bernama THE Malaysian national car has been named "Proton Saga" and will start rolling off the line in July next year. The name will be used for both the 1300 and 1500 cc models,, the chairman of the Perusahaan Otomobil Nasional Sdn Bhd (Proton),
      Bernama  -  331 words
    • 323 3 Bernama A HUMP will be put up at the lane meant for empty lorries, formerly a "VIP lane" at the Causeway in Johore Baru to prevent cars from dashing through the customs checkpoint, Johore Customs chief Zainal Abidin Ariffin
      Bernama  -  323 words
    • 229 3 UPI INDONESIANS should stop using terms that distinguish citizens of Chinese descent from Malays, armed forces commander General Benny Murdani said on Wednesday. "Why are we using a terminology such as Indonesian nationals and Indonesians of foreign descent? There are Chinese
      UPI  -  229 words
    • 384 3 Agencies THE bullet-riddled bodies of hardline Sikh leader Jarnail Singh Bhindranwale and two of his closest comrades were found yesterday in Amritsar's Golden Temple complex after an assault by the Indian army. The bearded Bhindranwale, with a pistol and dagger always at his side,
      Agencies  -  384 words
    • 185 3 Reuter THE US International Trade Commission (ITC) on Wednesday voted decisively against recommending quotas on imported shoes with members agreeing that American producers overall had not been seriously hurt by the imports. The 5-0 decision vote was a victory for foreign manufacturers and a defeat
      Reuter  -  185 words
    • 74 3 Reuter LONDON'S left-wing Municipal Council threatened on Wednesday to stop funding one of Britain's top sporting complexes unless white South African-born athlete Zola Budd dissociates herself from apartheid. Greater London Council committee chairman Peter Pitt said that unless Miss Budd complied, the ruling Labour group on
      Reuter  -  74 words
    • 89 3 UPI THE FRENCH division of Weight Watchers was fined a symbolic 12 US cents for firing an employee who gained nearly 11 kg. Weight Watchers told a gourt in the French city of Rennes on Wednesday it fired Clementine Jaunay because her increased weight undermined the
      UPI  -  89 words
    • 452 4 Singapore-registered ship searched UPI IRAN has declared an "exclusion zone" in the Hormuz Strait where commercial ships will be stopped and searched and Iraqbound vessels seized. The declaration has raised fears among shippers that navigation in the waterway would be further restricted. Shipping sources
      UPI  -  452 words
    • 174 4 NYT CONCERN has been voiced in Indonesia about a serious decline in investment, both from foreign and domestic sources. The Investment Coordinating Board responsible for approving all new investments said that in the first quarter of this year, only seven domestic investment
      NYT  -  174 words
    • 88 4 AFP THE US has agreed to consider extending naval protection to commercial ships of its allies in the Gulf area if the situation there worsens, official Japanese sources said on Wednesday. At the seven-nation summit which opened yesterday in London, Japanese Prime Minister Nakasone tried to
      AFP  -  88 words
    • WORLD IN BRIEF
      • 75 4 FULFILLING a pledge by President Ronald Reagan, the US Defence Department told Congress on Wednesday that it wants to sell Thailand 40 tanks, plus machine guns, radios and other equipment, to strengthen Thai defences against "hostile forces". While the statement did not identify the hostile forces, it obviously
        75 words
      • 68 4 CANADA'S Husky oil company will build a vast US$3.2 billion oil complex on the Saskatchewan-Alberta border in western Canada, the company has announced. The complex will include development of wells for crude oil, a refinery capable of handling 54,000 barrels per day, and an immense pipeline network.
        68 words
      • 99 4 THE approximately 600 inhabitants of Block Island off America's New England coast are threatening to secede from Rhode Island if the state government does not help prevent recurring invasions of motorbike riders. Each year, the islanders complain, several thousand summer visitors rent the motorbikes and ride dangerously and
        99 words
      • 82 4 THE Sri Lanka government on Wednesday approved new press laws that ban reporters and writers from publishing articles under pseudonyms. Local reporters were expected to oppose the measure. National Security Minister Lalith Athulathmudali said other amendments approved by the government included a new regulation that would ensure
        82 words
      • 115 4 SUGA, the celebrity hair- dresser whose clients have him flown around the world to cut their hair, was charged on Wednesday with cutting the US Internal Revenue Service out of US$BO,OOO in income taxes. The Japanese-born Suga, whose full name is Yusuke Suga, counts among his American clients
        115 words
      • 94 4 Agencies ARGENTINA'S cost of living increased by 568.2 per cent over the last 12 months, a new inflation record for the country, according to official figures issued on Wednesday. The Economy Ministry said that in May alone, prices rose by 17.1 per cent, slightly down from
        Agencies  -  94 words
    • 201 4 UPI THE POWERFUL West German Labour Federation warned that it would call a general strike if managers decide to extend their retaliatory lockouts to new areas in the two-week-old metalworkers strike. Management officials in Industries affected by the strike scheduled meetings yesterday to decide whether
      UPI  -  201 words
    • 335 4 Reuter LATEST information shows that attacks on shipping in the Gulf have had no significant impact to date on world oil supplies, the International Energy Agency (lEA) said yesterday. In its latest monthly oil market report, the lEA said: "Price
      Reuter  -  335 words
    • 327 4 Reuter FOREIGN investors \who run joint ventures or set up their own firms in Shanghai will be assured of a profit level higher than a return on bank deposits, the mayor of Shanghai said. In an interview published yesterday, Mayor Wang Daohan told Shanghai
      Reuter  -  327 words
    • 307 4 UPI CHOKING back sobs, President Reagan on Wednesday recalled the bravery of the nearly 10,000 Allied soldiers who died in the D-Day assault on Normandy's beaches and in the ensuing drive across Nazi-occupied Europe. The President, standing among the pristine white markers in
      UPI  -  307 words
    • 291 4 Reuter GREETING cards are undergoing a technological revolution as silicon chips make it possible to replace gushing verse with musical messages. Hearts and flowers are no longer enough greetings in sound and light have become the vogue, US card industry leaders say.
      Reuter  -  291 words
    • 236 4 AP GIGANTIC US budget deficits could be virtually eliminated by 1969 through a programme that could curb both military and domestic spending and impose over US$lOO billion a year in new taxes, a study said. A new study directed by the Brookings
      AP  -  236 words
    • 716 4 ARRIVALS Operator Swvict number Local time From SWR RBA SIA CPA RJ OA SIA SIA THAI SAS SIA SN MAS GIA SIA MAS SR176 BU21 SQ103 CX7I0 RJ 182 GA960 SQI05 SQ201 TG403 SK971 SQ19I SN277 MH603 GA940 SQ1 MH682 0945 1000 1005 1035 1045 1100 1105
      716 words
  • Page 3 Advertisements
    • 422 3 Put NCR's 100 years of information processing and business systems experience behind your computer choice. i m ZL i 77 w h t •••-V M i <4 i/tt S 4 More and more of Singapore's Hotels and Retailers have. freestanding point-of-sale terminal or in a clustered environment. In addition, they
      422 words

  • Page 4 Advertisements
    • 89 4 The best reason for a manese meal today is fie famous Nadaman. oo The art of Japanese cuisine, with its emphasis on subtlety of taste, aesthetic appearance and traditional ways of serving, finds its highest expression here at the famous Nadaman restaurant in the Shangri-La. Set lunch from $21.* The
      89 words

  • Page 5 Advertisements
    • 2153 5 the,# INTERNATIONAL Opens so many doors... The prestigious discount and service card that is welcomed at over 1,000 outlets in Singapore and Malaysia. This unique American discount system links the retailer and consumer in a mutually advantageous relationship which explains its firm foothold in the market. ...for Consumers... exclusive discounts
      2,153 words

  • BANKING AND FINANCE
    • 383 6 Reuter THE HEADS of some of the world's leading central banks said they see a new phase in the management of developing country debt and an escape from the crisis approach of the recent past. In discussions in Philadelphia at the 30th International
      Reuter  -  383 words
    • 204 6 AFP AT LEAST seven Latin American countries will hold an emerrgency conference on the foreign debt crisis on June 21 and 22 in Cartagena, Colombia. But .Colombia's Foreign Minister Rodrigo Lloreda said: "There is no secret arrangement between us to declare a joint moratorium
      AFP  -  204 words
    • 177 6 FT THE New Zealand Finance Houses Association has accused Prime Minister Sir Robert Muldoon of using "totalitarian controls" over the financial sector. The comment followed a threat from Sir Robert to introduce regulations to limit the maximum interest rates for deposits with
      FT  -  177 words
    • 111 6 Reuter US CONGRESSMAN Frank Annunzio has asked the Federal Deposit Insurance Corp to develop a policy for dealing with bank failures. In a letter to FDIC chairman William Issac, Mr Annunzio said: "While I applaud your decision to guarantee all deposits and
      Reuter  -  111 words
    • 489 6 SINGAPORE: The local currency closed slightly higher yesterday against the US dollar at 552.1035 45 from $2.1040/50, weaker against the Malaysian dollar at 5591.20 30 compared with 91.10/20 and steady against the Hongkong dollar at 5526.95 27.00. The US dollar fell against most major currencies in quiet late
      489 words
    • 234 6 Interbank rates at 3pm Local dollort to QOC unit of 'O'e.gr irday e roM parity currency US dolor 2 1025 2 1035 ***** -25.43 Sterling pound 2.9424 ***** 7 3469 -59 95 Australian dolor 1 8869 1 8899 3 4286 -44 97 NZ dolor 1 3641 1 3662
      234 words
    • 331 6 SINGAPORE Futures closed slightly higher yesterday on light buying in spite of uncertainty over the Middle East Gulf. Only four lots were transacted for the day. Prompt closed slightly higher at U*****.50 394.50 an ounce compared with New York's $392.25/392.75, August at $399.00/401.00 against $396.70/399.00 and December at $415.50/417.50
      331 words
    • 109 6 THE OVERNIGHT rate rose slightly by Ve -point to close at 5 7 i per cent on the local interbank money market yesterday. Term rates were unchanged. S$ interbank rates at 3pm yesterday Offer Bid Overmght 5 7/8 5 3/4 1-month 7 15/16 7 7/8 2-month 8 1/8
      109 words
    • Article, Illustration
      305 6 Asian market DEPOSIT RATES closed steady yesterday at opening levels which were between 1/16 and Vt-point firmer than Wednesday's. A higher federal funds rate underpinned rates but trading remained quiet in the absence of fresh factors. One month closed at 111/16 10-15/16 per cent, up 1/16 from Wednesday, three months
      305 words
  • Page 6 Advertisements
    • 37 6 Texas Instruments 300 and 600 Business Systems Computers are Reliable A Instruments Creating useful products and services for you. Texas Instruments Asia Ltd, 12 Lorong Bakar Batu, Unit 02-08 Kolam Ayer Industrial Estate, Singapore 1334. Tel: *****55.
      37 words

  • AIR CARGO
    • 315 7  -  By LIM SOON NEO FLYING Freight Agency, the forwarding company set up by 15 tropical fish exporters, recorded an impressive turnover of more than $21 million last year. This exceeds the projected turnover of about $15 million for the company in its first full
      315 words
    • 331 7 CARGO handled at Singapore airports grew by 18.4 per cent to 70,900 tonnes during the first quarter of this year. If this rate of growth is sustained, Singapore will, by the end of this year, handle slightly more than 300,000
      331 words
    • 352 7  -  By WANG LOOK KEAH MEMBER airlines of the International Air Transport Association have agreed to keep freight rates out of most countries unchanged over the next 12 months. Only very minor increases were agreed at the monthlylong lata annual cargo tariff conference
      352 words
    • 281 7 THAI Airways International expects its cargo division to earn a record US$B7 million this year. Last year, Thai's air freight revenues grew by only 5 per cent. To achieve its target, the airline is planning to increase its number of flights. A
      281 words
    • 117 7 THESE twi Newfoaadlaad dags MMmpuded by their mm ameag 33 which reeeatiy (lew (ram Fmkfut to the heme ef their aaeestors abeard a Lafthaasa 87T7. Eight eempiete raws a( seats were remtved to make ream for these (ear-foated paaseagers, each st which weighed hetweea MhgaadMhg.
      117 words
    • 345 7  -  By JEFFREY TSANG AIRPORT authorities should develop an integrated information and cargo automation system as part of its development of infrastructure at the airport. This is because the airport authority is in the best position to objectively develop a system to accommodate
      345 words
    • 96 7 INDIA is experiencing an air freight boom. Both AirIndia and the domestic carrier, Indian Airlines, are now heavily involved in freight. Foreign airlines are also being kept busy moving Indian export cargo to world markets. With a number of Airbuses now in service, In- dian Airlines
      96 words
    • 193 7 ARRIVALS DEPARTURES Operator Local ttma From Operator Flight number Locol time For FRIDAY FT FT79 2355 JFK/ORD/ANC/ FT FT78 0)35 KUL/TPE/NRT/ NRT/TPE ANC/ORD/JFK JAL JL6I7 0705 KUL SATURDAY CAL CI33I 0150 TPE FT FT76 0255 HKG/NRT/ ANC/ORD/JFF CV CV796 0645 LUX/AUH CAL CI334 0600 KUL/HKG/TPE DXB/LUX) SUNDAY TMA
      193 words
  • Page 7 Advertisements
    • 119 7 f 9 ■N >1 !•'< ISCtfiV Golden Phoenix, the most renowned Sichuan Restaurant, now offers traditional Chao Zhou cuisine at our new restaurant in Shenton Way. V«i Authentic Japanese Delicacies: Sashimi. Sushi. SukJyaki. Shabu-Shabu. Yakitori. Tempura and Teppanyaki:* •(Not available at Hotel Equatorial). 6th storey, UIC Building, Shenton Way For
      119 words
    • 189 7 ENJOY A RUSSIAN HOLIDAY ENROUTE TO EUROPE ITS FUN AND ECONOMICAL L£ v -j^r V Millions of tourists visit the USSR every year. SM MOSCOW The capital of the USSR and the worlds first socialist state Rich in history architecture culture painting, music and scenic spots See LENINGRAD The second
      189 words

  • FEATURES
    • 459 8 THERE will be many speeches at this week's summit in London about the need to unfetter world trade. But even as the politicians prepare to speak, what do we find? We find that Singapore colour television manufacturers have had a a quota imposed on their exports
      459 words
    • 806 8  -  By CHRISTOPHER HANSON Reuter TEN YEARS after India exploded an atomic device, western diplomats say the long-standing fear of nuclear weapons spreading to many nations may soon be realised. In the decade since India's test blast, atomic expertise has spread and diplomats say 40 nations have
      Reuter  -  806 words
    • 596 8  -  Letter to the Editor Tu Heng Huay Exeeative AaMut Secretary (Public Relfttiens) Develepmeat Beard L WE REFER to your news reports of May 21 and 22 in BT, and your editorial of May 22 on HDB construction projects by Daewoo Corporation. 2. We object
      596 words
    • 807 8  -  By FLORA LEWIS NYT IT IS nearly a generation since the fashionable concern was consumerism, decadence bred of affluence, the psychic damage of the "work ethic". The "limits of growth" were widely proclaimed, along with shaming statistics to show what an overwhelming proportion of
      NYT  -  807 words
    • 1067 9  -  The spirit of cooperation now pervading Gatt may lead to a breakthrough The committee on trade in agriculture has surprised everyone by its spirit of cooperation. Now a crucial phase has been reached. Over the coming months it should become clear whether the world's exporters
      FT  -  1,067 words
    • 586 9  -  By PETER KILBORN NYT LIKE EACH of the nine previous economic summit conferences, the one in London is acquiring its own special features and style that, along with the substance of its decisions, become the grist of history books. It
      NYT  -  586 words
    • 604 9  -  By TERRY POVEY FT "THEY are trying to exterminate us, calling us a social problem," claims Mr Masayuki Kajitani who admits to being one of Japan's leading sokaiya the "mercenaries" who run the country's corporate protection racket. Last Thursday, however, Mr Kajitani and
      FT  -  604 words
  • Page 8 Advertisements
    • 319 8 .To get ahead in business, start by keeping Mr. David K. P. Li Chief Manager <£ Director Bank of East Asia Hong Kong 'Th= Asian Wall Street Journal continues to be the only publication that covers the Asian business scene completely and thoroughly. In my opinion, it is an excellent
      319 words
  • Page 8 Miscellaneous
    • 677 8 aaoasaaaa CRYPTIC PUZZLE ACROSS 4 Powerful vehtcle in a bad state (6) 7 Would-be sweet little bits of paper (8) 8 Scanties, etc., that have everything (6) 10 Originates official papers (5) 13 The warmth of a wave (4) 14 A pest to flee from? (4) 15 It sounds good
      677 words

  • Page 9 Advertisements
    • 38 9 WELCOME TO Sauna Wt «rt km just abovt Chung Shan Motors GOiOMiii iau»«i 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
      38 words
  • Page 9 Miscellaneous
    • 1184 9 CHANNEL 5 2.30 PM SBCText Live Sample Paces 3.00 Openin{ and Propamine ttghSgtits followed by The Web 4.30 Kidsworld 4.50 A Whole World of Chidren 5.20 Romper Room 5.45 Break in the Sun 6.10 Proiramme rtghights 6.15 News (English) 6.25 Sutera Irama 6.50 Teen '84 7.20 Newswatch 7.30 News (Malay)
      1,184 words

  • INTERNATIONAL STOCKS
    • 303 10 NYT DISNEY Productions, which is locked in a bitter dispute to fend off the unwelcome attentions of US financier Mr Saul Steinberg, who owns Reliance Financial Services, said it has agreed to pay more than US$3OO million in stock for Gibson Greetings, the
      NYT  -  303 words
    • 113 10 Reuter ILLINOIS' largest bank trade group plans to present its own proposal for a change in state law regarding potential purchase of Continental Illinois National Bank and Trust Co, a group official said. Both Continental and rival First Chicago Corp have offered such
      Reuter  -  113 words
    • 34 10 Reuter FORD MOTOR CO denied published reports that Mr James Capolongo is resigning from his post as president and chief executive officer of its Ford of Europe Inc operation. Reu-
      Reuter  -  34 words
    • 266 10 WALL STREET stock prices closed higher on Wednesday as a late technical rally helped the market part company with the bond market for the first time this week. The Dow Jones Industrial Average, which turned up at the opening before weakening around midday,
      266 words
    • 132 10 JUNE 06 a Hud Boy Mm 12 38 Abrtito. 25* unch kKO 14* 27 Akon 38* 25* B Algomo 21%. Bonk Mont 24 18* Bonk Nova Scotia B«4 T *1 II* 30* unch lobiaw B 14* BP Con Ltd 22* unch 32* unch 17 Con Imp Bk 25* 48*
      132 words
    • 217 10 JUNf 06 Tiut Bk 295 5 •and Un SreeJ 125 irch 565 IHOtlSTtlALS Wootworth 1750 A AJpho 900 MININGS Abercom 200 -5 AE And a 940 unch An^os 2440 40 AMS? 09 2900 Angtvool 1875 -25 Barlows 1420 4 10 Buffets 8450 -100 2300 3859 CNA 290 Com Gold
      217 words
    • 689 10 JUNE 06 US$ ACF Mmlnn Aican Almm Alcoa Lud AWd Ovs*n Cp AJkvd Storn AhOwtniri Am Brands Inc Am Broodcoit Am Can Co Am Cyanarrad Am Eloc Pwr Am Exprau Am Honw Prod Am Motors Cp Am Nolval Go* Am T«l T«t A mo* Inc Amaroda H«u AMF
      689 words
    • 930 10 Amsterdam JUNt 06 Fit ABN 333 50 -2.5 Aagon Ahold 119 50 -0 5 !75 50 unch Akzo AM£V 8900 -02 147 50 -13 Ajv4o% Amrotx* Bark Boh 5950 +0 3 27 OOB 88 20 -0 3 245 00 15 32 30 unch Burt at Cotond Cat* CM
      930 words
  • Page 10 Advertisements
    • 412 10 asui estfepfala !!U! U"i t.t ui'.i *r m to have your virgin white asparagus (air-flown from fP> naturally), Hollandaise or Milanaise Strawberries, with Grand Marnier? Or wrapped in a delicious arepe. Or if you prefer, with vanilla ice cream and whipped cream topped with Almonds. Or even Champagne. i(ranl iHUirnif
      412 words
    • 35 10 u Fresl? Seafood and JukyMeaLCuts Treat yourself to our charcoal-grilled specialities. Lunch Dinner JAPANESE GARDEN COFFEE HOUSE Open 24 hours daiiy Free Ample Parking •M V V 4* 4 > w iCfi IS immii i i
      35 words

  • ASIAN STOCKS
    • 362 11 HONGKONG: Share prices closed higher on increased trading volume yesterday following gains in London and Wall Street. Speculative interest was noted in utilities. China Light rose 60 cents to HK$l2.lO, HK Electric 30 to $5.95, and HK Gas 30 to 16.20, but HK Telephone held unchanged at $43.50. Cheung
      362 words
    • 215 11 JUNE 07 MT 8 60 -0 05 Chem Indus Lien Hwa ln<fcj» 22 90 12 00 35 00 1 0.2 0.2 31 10 -0 1 32 90 2 7 Cathoy Cora Chang Hwa Bank 32 90 54.00 25 70 14 ivtch -02 Pocitic Elect Wire Pootung Paper 18 70
      215 words
    • 350 11 TOKYO: Prices closed higher yesterday as fresh buying triggered by the rise on Wall Street spread from small and medium-sized issues to blue chips and populars. The market average rose 61.80 to close at 10.316.00 after falling 4.56 on Wednesday. Turnover was 400 million shares against 380 million on
      350 words
    • 60 11 Jwm 7 Won 669 8 Hyundoi Corp Hyirtda Motor KAL 633 S86 462 713 1 -10 unch +3 661 1 835 -7 706 Kor«o Sh0 450 10 Doofcn tnd 610 4 770 390 646 7 576 -7 1046 1 670 819 +2 Goto Star 796 -4 Stongyong Com 660
      60 words
    • 388 11 SYDNEY: Australian share markets closed firmer yesterday after advancing in the morning on firmness in the London and New York exchanges and renewed buying interest. The All-ordinaries index was 5.5 points higher at 679.3, the All-indus-trials added 3.4 to 926.9 and the All- resources 7.0 to 484.8. National turnover
      388 words
    • 126 11 BANGKOK: Prices closed steady in slow trading yesterday. The Book Club index dropped 0.02 to 117.45 on turnover of 17.0 million baht JUNC 07 Mm Sam Oy 1 C«m«n» 392 2 64 Alio Fix* Ayuthoya krw South A wo Ftrt 42 50 35 And Trust Thoi Conwnarcial Qff 0_y
      126 words
    • 155 11 MANILA: The market closed generally easier in trading which remained dull, in spite of higher copper prices overseas, because of increased petrol prices. The commercial and industrial index was down 1.89 at 132.87 and the mining marker fell 4.92 to 1,090.34. Oils remained unchanged at 0.713. San Miguel rose
      155 words
    • 59 11 UPI JAPAN'S top advertising agency, Dentsu Inc, has reported a sharp fall in net profit for the 12-month period ending March 31. The company said unconsolidated net profit amounted to US$l9.6 million or 4.52 billion yen, down 16.7 per cent from the previous year. Gross
      UPI  -  59 words
    • 91 11 AP NON-JAPANESE semiconductor producers can be assured that new products and processes they have developed will be protected because Japanese manufacturers have "an increased respect for intellectual property," the president of Intel Corp said. Consequently, Intel has been able to supply its products to Japanese electronic
      AP  -  91 words
    • 266 11 Reuter AN UPTURN of foreign investment in Thailand's department stores has raised local concern about mounting competition and could lead to measures restricting overseas capital in the retail business. The government is studying a petition by Thai department store owners to curb investment in
      Reuter  -  266 words
    • Corporate round-up
      • 68 11 COMMERCIAL space in the newly-completed Hongkong Club building is 20 per cent let, the Hongkong Land Co and agent Jones Lang Wootton said in a joint statement. v The building was developed by Hongkong Land for the Hongkong Club. The company will manage the
        68 words
      • 90 11 MARUBENI Corp has concluded a general cooperation agreement with Chinacapitalised Ever Bright Industrial Co of Hongkong to expand sales to China, trade sources said. The sources said the company is seeking opportunities to sell a full range of sugar processing equipment to Ever Bright for its planned
        90 words
      • 62 11 SUZUKI Motor Co, a leading Japanese motorcycle manufacturer, is to set up a wholly-owned sales company in Conie in central France on July 1 to market about 20,000 motorcycles a year. The company, Suzuki France SA, will be capitalised at US$2.l million and will
        62 words
      • 46 11 INDIA'S Oil and Natural Gas Commission has ordered a jackup type oil drilling rig from Hitachi Zosen Corp. The rig, to be delivered by January 1985 to replace an obsolete oil rig, will be used in an offshore oil exploration off Bombay.
        46 words
  • Page 11 Advertisements
    • 306 11 >■ K» i met 1 IS ifif K» < K Singapore *Esrjszz~vV <** Relish the pick of this season's fresh, juicy asparagus served as an appetizer, in a soup or as a main dish. With a choice of wines by the glass to perfectly complement your selection. A Cafe Vienna
      306 words
    • 133 11 Thai Seafood Served I n True Siamese Stvle 3 wt V K <t Thinking of food. Think Thai: Spicy Tomyum Soup, Charcoal-Grilled Seafood. Royal Thai Seafood and our other delectable Thai Cuisine. Or if you're a gourmet cook, take home some fresh seafood from our mini seafood market. And cook
      133 words

  • RAW MATERIALS
    • 259 12 SINGAPORE The market closed slightly lower yesterday with June One RSS buyers quoted at 183.50 cents a kilo, down four cents from Wednesday. The morning session was marked down four cents on freer offerings of July One RSS and some selling interest after a half-cent lower opening. Levels eased
      259 words
    • 143 12 Chinese Produce Exchange (Setters' noon closino orices. SS/ Robusta 20/25% FOB NSW Nutmeg 487 50 100 kg) 110 FOB NSW 355.00 Coconut oil B W FOB NSW 256 00 Butt. FOB 240.00 Gambier OkJ drum FOB 253.00 FOB NSW 305.00 Now drum FOB 257.00 London Commodity Copra Mixed
      143 words
    • 83 12 THE Straits tin price In Penang yesterday held at M 529.17 a Idle, within the ITA lewer range of $29.16 and tSLH. Dealers attributed the steadiness to continued strong support from Japanese and local interests and the batter stock manager, with sentiment influenced by strength of sterling against
      83 words
    • 340 12 RAS prices (in S cents/kilo, FOB in i bales) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS prompt ***** 186 00N 184 25 185 25N Int 1 RSS June 184 00 ***** 183 50 184 00 tnt 1 RSS July 190 50 191 50 190 25
      340 words
    • 178 12 MALAYSIAN crude palm oil prices yesterday closed firmer on shortcovering and renewed buying interest after the recent downtrend, with sentiment boosted by higher Chicago soy futures. Futures closed firmer on covering and speculative buying prompted by higher Chicago soy futures and a rebound in physical prices. Spot month
      178 words
    • 107 12 (m cants/1 ton polWts) June Jutv (current mth) (forward mth) RAS NOON NOON Buyers S»IUn S»IUn SSR 20 189 50 191 50N 191 50 I93 50N SSR 50 187 50 189 50N 189 50 191 50N MRELB 6uy«rj StlUn Iwyft SMR CV 244 00 246 00N 246.00
      107 words
    • 140 12 CHICAGO wheat futures closed V/t to cents per bushel lower on Wednesday. with July posting a 5 -cent range. Trade talk that the amount of SRW wheat export business will slow in the coming weeks, plus the outlook for steadily increasing harvest pressure, kept prices on the defensive all
      140 words
    • 151 12 SOYBEAN futures closed on or near the highs on the Chicago Board of Trade on Wednesday, up 6lt to Stfc cents per bushel in moderate trade. July posted a II Vi -cent range. Tuesday's bullish reversal chart pattern (a new low followed by a sharply higher close) seemed to
      151 words
    • 142 12 Yarn Shirting 116.50 (In HK$ par bote of 400 lb) Hongkong Golden Peak, 60x60 115 50 China carded yarn, cones Blue Phoenix 16's 3,500 White cloth Blue Phoenix 20's 3,550 Japan No. 10,000 Blue Phoenix 32's 4,000 Three Peoches 221.50 Blue Phoenix 40's 4,500 Japan No. 2003 Unq Corded
      142 words
    • 972 12 COFFEE Robusta futures ended yesterday morning just below the highs and with gains of £16 to £35 a tonne from Wednesday. September was traded last at £2,218, £2 below the morning's high and £23 up from Wednesday night. There was no fresh news and the market opened firmer
      972 words
    • 290 12 Singapore (S$/kito, •i-godown) Thai white 100% 1st closs (kangaroo) new crop 1 05 100% 2nd closs 077 100% 3rd class 075 25% new crop No stock B-10% No stock Thai broken A-super 062 Special 0 55 Thai rice 55% No stock China rice 10% 093 15% No stock 25%
      290 words
  • Page 12 Advertisements
    • 63 12 Expans/7/jr? Wages have grown with the economy. This has meant expanded buying power for our readers in particular... and expanded waistlines in general. Enjoy a bigger share of the growing food market by advertising in the Shin Min Daily News. We now have 310,000* daily readers. 422,000* on weekends. A
      63 words

  • SHARE INFORMATION
    • 4201 13 FRESH buying interest and short-covering activities caused share prices on the Singapore stock market to close slightly higher yesterday. Much of the day's interest was focused on Pan-El, which was actively traded and accounted for more than 10 per cent of total
      4,201 words
    • 241 13 SINGAPORE Rises Indices S T P 1775 SMI Jm 6 iooo 7 1130 930 545 760 40 30 25 BT C rr MKotor •60 66 ***** *****74 *****32 ROw^t rr 06/0S -52 -145 M CtMwt +15 ST UO—tooh 947 45 951.08 464 14 ST Fnooco llMSOt 324
      241 words
    • 529 13 IN SPITE OF encouraging overseas leads, interest remained subdued at the Kuala Lumpur stock market yesterday. Shares were generally traded mixed to marginally easier. After a quiet start, shares were traded within a narrow range for mo6t of the morning session. Investors failed to react
      529 words
    • 3282 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".
      3,282 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 949 14 PUBLIC Bank Bhd is confident of achieving a satisfactory performance in the current year in view of the group's healthy financial position. The bank's executive chairmen, Tan Sri Datuk Teh Hong Piow, says economic recovery in the major industrialised nations should have a favourable
      949 words
    • 169 14 QUEENSLAND Cement Lime Co Ltd (QCL) and The Adelaide Steamship Co Ltd (Adsteam) both announced fresh offers for shares in North Australian Cement Ltd (NACL). This followed an official ruling by the. National Companies Securities Commission (NCSC) that the purchase of 151,000 NACL shares
      169 words
    • 99 14 HONGKONG Hang Seng Index Thursday 962.14 Wednesday 932.12 Week ago 915.30 Australian Industrials Thursday 926.9 Wednesday 923.5 Week ago 905.5 NEW YORK TOKYO Tokyo Dow Jones Thursday *****80 Wednesday *****.20 Week ago 9940.14 TSE Index Thursday 796.28 Wednesday 792.40 Week ago 775.30 SYDNEY Dow Jones Wednesday 1133 84
      99 words
    • 49 14 TAN CHONG Meter Holdings Bbd has sub-divided its existing shares and ready trading in the 192 million shares of 50 cents each will resume today. Settlement trading will resume on June 29. ARAB-Malaysiaa Development Bbd has incorporated a wholly-owned trading company in Hongkong called Taifab Hongkong Ltd.
      49 words
    • 227 14 Monogers' prices MARA Bumiputra for June 8 First B'putro 417 6 22 Second B'putro 551 556 Third B'putro 4 80 4 85 Singapore Unit Trust The Commerce 3 19 3 39* The Savings Fund 93 2.05 S'pore Prog Fund 1.42 151 S'pore Sec Fund 2 17 2 30
      227 words
    • 153 14 Reuter PROBLEMS with a HK$65O million loan to Associated Hotels Ltd (AHL) caused the company to grant a syndicate of banks a floating charge over its Hyatt hotel business, a spokesman for its financial adviser, Schroders Chartered Ltd, said. Schroders Chartered assistant director
      Reuter  -  153 words
    • 116 14 Reuter CONIC Investment Co Ltd has asked Hongkong stock exchanges for a resumption in the trading of its shares commencing on June 11, exchange sources said. Conic requested the suspension of trading in its shares on May 17. On Wednesday, it reported losses in
      Reuter  -  116 words
    • 482 14 KEPPEL Shipyard Ltd, which is raising $156.5 million through a one-for-two rights issue, is not optimistic about its performance in the current year, and has not attempted to make any profits projection. The shipping and marinebased group said in its rights issue circular that
      482 words
    • 351 14 Reuter ALLIANZ Versicherungs-AG, West Germany's leading insurance group, is examining numerous possible foreign acquisitions after last month's decision not to buy the insurance operations of Armco Inc of Ohio. Allianz managing board chairman Wolfgang Schieren told a press conference these efforts are concentrated in the US
      Reuter  -  351 words
    • 2428 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 (2 246 2 465) (6) 2 26 xd
      2,428 words
    • 126 14 EU Yaa Saag United: 11th AGM on June 8 at 12.30pm at 65 Chulia Street, #47-01, OCBC Centre (0104). LOYTAPE Berkad: EGM on June 8 at 10am in the Registered Office, 4th Floor, Wisma Stephens, Jalan Raja Chilian, Kuala Lumpur. HUME ladastriee (Malaysia) Berkad: EGM on June 12
      126 words
    • 492 15 UNITED Estate Projects has started work on its ambitious MJIOO-million Subang Jaya Regional Shopping Centre, which with a lettable space of 46,451 sq metres, is reputed to be one of the largest in South-east Asia. The shopping centre will house, among others, three
      492 words
    • 276 15 TOKYU Land Corporation has approved an interim gross dividend payment of three yen per share. MENANG Corporation (M) Bhd's share transfer books and register of members will be closed from June 28 to 30 for the preparation of dividend warrants. Completed transfers received by June 27 will be
      276 words
    • 554 15  -  By NAJEEB JARHOM THE GOODWOOD Park Hotel group looks set to end its sevenyear uninterrupted earnings growth at the operating level this year. In the six months to 31, 1984, the group, headed Mr Khoo Teck Puat, suffered a 16.4 per
      554 words
    • 376 15 THE Malaysian government has been urged to expedite the transfer of Permodalan Nasional Bhd's (PNB) companies to capable bumiputra individuals or firms. This call was made by Mr Abdul Ghafar Baba, who also suggested that after the handover, the companies should
      376 words
    • 976 15 SHARES closed lower yesterday as follow-through buying from the morning's higher levels failed to take place, dealers said. Renewed worries over the Gulf war and a possible rise in US interest rates overshadowed the market and at 3pm, the FT 30 index fell 8.6 points to 837.9. Government
      976 words
    • 653 15 FAST growing Raleigh Cycles (M) Bhd has taken yet another giant leap into the engineering field with its proposed acquisition of a strategic 30 per cent stake in Nam Fatt Engineering (South-east Asia) Sdn Bhd for MJ15.3 million in cash. Raleigh disclosed
      653 words
    • 341 15  -  By CHAN OI CHEE PROMET Bhd has entered into a deal with the Hongkong-based First Pacific Holdings group in a move to rationalise its petroleum interests in China. First Pacific is controlled by the Liem family of Indonesia. The marine engineering
      341 words
    • 691 15 HOCK LOCK SIEW MORE than two years have passed since the Malaysian government imposed the April 15, 1982 deadline for foreign insurance firms to submit their restructuring plans to the Ministry of Finance. But there are still some which have ignored persistent calls to restructure their equity in
      HOCK LOCK SIEW  -  691 words
  • Page 14 Advertisements
    • 141 14 wmmmiiSL Bell Helicopter ASIA: and leadership lor southeast Asia. Bell Helicopter ASIA has relocated to the new Loyang Industrial Park. Conveniently located near the Changi International Airport, Bell's new facility houses a staff of factory and local experts Who can provide you with expertise in marketing, sales, spares support and
      141 words

  • Page 15 Advertisements
    • 22 15 For details write to Lombard North Central PLC Banking Services Dept 510 17 Bruton Street London WIA 3DH. England Telephone 01-409 3434
      22 words
    • 248 15 LUBRIZOL SINGAPORE is a subsidiary of a U.S. multinational company engaged in the marketing of a wide range of chemical additives for applications in the petroleum industry. Due to the expansion of our area headquarters, we are seeking an experienced individual to take up the position of: AREA SALES ENGINEER
      248 words

  • 425 16  -  By WANG LOOK KEAH THE Mass Rapid Transit Corporation has awarded four electrical and mechanical contracts worth more than $45 million to a French-Singaporean consortium. The consortium, comprising Jeumont-Schneider, Societe Nouvelle Halberthal, Thomson, Bouyer, and Singapore Electronic and Engineering Pte Ltd (SEEL), has also
    425 words
  • 171 16 FOURTEEN groups of companies have been pre-qualified to bid for the elevated section of the Mass Rapid Transit northsouth line. Called Contract 102 C, it will be up for tender in the third quarter of this year. It involves the construction of Ang Mo
    171 words
  • 497 16  -  By BOEY KIT YIN LOCAL printers and publishers have the capability to take a bigger share of the $164 billion US industry. The Trade Development Board appears optimistic that local industry can expand its one per cent share ($l6 million) of
    497 words
  • 204 16 AFP AUSTRALIAN doctors raised the possibility of men becoming pregnant in a televised debate in Melbourne yesterday on the ethics of test-tube baby research. Dr Robyn Rowland, a leading critic of the In Vitro Fertilisation (IVF) programme run by Melbourne's Queen Victoria Medical Centre,
    AFP  -  204 words
  • 337 16  -  By FLORENCE CHONG INVESTMENT from Asean countries in Australia fell dramatically in the quarter ending March. The total investment from the region plunged from A 51,192 million to $55 million in the quarter, according to figures from the Australian Bureau of Statistics. It
    337 words
  • 134 16 Reuter VIOLENCE erupted across India yesterday as bands of angry Sikhs fought running battles with police over the Golden Temple killing of Jarnail Singh Bhindranwale. When officials announced that his bullet-riddled body was found in a temple basement early yesterday, militant Sikhs took to
    Reuter  -  134 words
  • 126 16 A FIRE severely damaged the structure of two factories in Jurong yesterday. Firemen said explosions were heard coming from MBP Singapore Pte Ltd, the whollyowned division of Sime Darby Bhd, producing mainly bituminous products. The fire partially burnt the factory's contents. One worker was
    126 words
  • 119 16 THE NUMBER three position seems to be Singapore's fate, as the Republic finished third again in a fierce dragon boat race in Macau. Last Sunday, Singapore came in third in the hotly contested dragon boat race held off East Coast Parkway.
    119 words
  • 89 16 SIX UNIVERSITY students will today be offered scholarships by Hewlett Packard. One is studying at the National. University of Singapore while the rest are at the Nanyang Technological Institute. The students, with 34 others, are on attachment at HP. They will be awarded $4,000
    89 words
  • 369 16 Reuter AFP IRAQ threatened yesterday to tighten its siege of Iran's Kharg Island oil terminal. Iraqi Information Minister Latif Nassif Al-Jassim said: "Our blockade of Kharg will escalate. We will tighten the siege around the island and the next few days wil
    Reuter; AFP  -  369 words
  • 63 16 WALL Street stock prices were lower in early trading yesterday as the market's late rally on Wednesday prompted some early profit-taking. The Dow Jones Industrial Average, which rose 8.95 points on Wednesday, was off over two points to under 1132. Overall, losers held a slight lead over
    63 words
  • LATE FILE
    • 55 16 AP HEAVY rains on Tuesday and Wednesday caused the year's first floods in Bangkok, and authorities said they were ready with water pumps and other measures to try to prevent a recurrence of last year's record flooding. U5543.5 million was spent on anti-flood measures, which
      AP  -  55 words
    • 43 16 UPI CONSUMER prices jumped 17.1 per cent in Argentina this May, pushing the country's annual inflation rate to 568.2 per cent the highest in the world. Argentina has lived under triple-digit inflation for nine of the past 10 years. UPI
      UPI  -  43 words
    • 46 16 AFP SULTAN Iskandar of Johore, 52, Malaysia's new king, is donating his entire Federal government salary to a charitable foundation named after himself. He receives about U5522,600 a month from the Federal government, but he also receives an income from Johore state. AFP
      AFP  -  46 words
    • 27 16 AFP A THREE-DAY Taiwan-US meeting on textiles has ended with no agreement reached regarding US restrictions on Taiwan's manmade fibre suitcases, an official' said yesterday.
      AFP  -  27 words
    • 43 16 UPI INDONESIA'S foreign debt at the end of 1963 amounted to US$23 billion and consisted mostly of long-term soft loans carrying a low interest rate. Its foreign reserves currently stood at U515.5 billion, with some US$4 billion in foreign currencies.
      UPI  -  43 words
  • Page 16 Advertisements
    • 116 16 S— Pag* 3 Live m ms <> WMW ?*jf\ Vf <V rwi J: k •vT W iI 4 N > r. ti W ,4 A ]'j,i 7•, a little bit more. Gw in touch with life's more exciting moments. Sport on land and sea by day... wine, dine and dance
      116 words
  • Page 16 Miscellaneous
    • 57 16 •WMtsm Outlook for todoy: Cloudy; showers in several areas in the morning and afternoon. Report for 24 hours prior to 7 30pm on June 7 at the airport: Maximum temperature 31.9 Associated humidity 68 Minimum temperature 25.0 Associated humidity 93 Hours of sunshine 2.95 Rainfall in millimetres 1.2 Rainfall this
      57 words

  • SHIPPING TIMES
    • 299 17  -  By DANIEL SIM THE CHINA Ocean Shipping Company (Cosco) has started a fixed schedule conventional service from Singapore to Shanghai to provide a better service for Singapore shippers. It is using the Qinghecheng, a 12,000 dwt cargo ship, to make regular calls at
      299 words
    • 437 17  -  By G DURAIRAJ STATE-OWNED shipping company Yayasan Sabah Shipping has completed the first part of its three-phase fleet expansion programme. The massive expansion plan will add 15 new log carriers to the company's fleet, and is intended to cater to the growing needs
      437 words
    • PORT SIDES
      • 68 17 Reuter THE JAPANESE transport ministry said it issued shipbuilding permits in May for 24 ships totalling 480,700 gross tons, up in tonnage from 28 ships for 440,200 tons in April, but down from 37 ships for 565,500 tons a year earlier. The May permits were for four ships
        Reuter  -  68 words
      • 76 17 Reuter CONFERENCES covering the trade from Europe to Sri Lanka said they amended the UK/ Sri Lanka currency adjustment factor to minus 33 per cent from minus 36 per cent, effective June 11. Taking into account the effect of the UK/Sri Lanka compensation factor, the corrected CAF becomes
        Reuter  -  76 words
      • 150 17 AFP A HONDURAN-registered 2,400-ton tanker caught fire and sank in the Java Sea early this week with the loss of five of its 14 Korean crew members, it was reported. The tanker, Dunia, left Surabaya, east Java, on Sunday bound for Singapore. The next day it was north
        AFP  -  150 words
    • 763 17 Shipping U— Pmg* Col Shipping Lin* '•9* Cot Ab«« Transport IV 5 Evargraan IV 3 Atao vt 3 Forgo Shpg VM 1 Ahrankwl Law VI s Fosco VI 4/5 AC T oapf er X 5 Faw-Urwr VI 1 A*KX v» 5 FMG-CAVN VI 1 Antaro Shpg IV
      763 words
    • 714 18 Reuter RUMANIA HAS completed a canal which cuts 400 km from the Danube route to the Black Sea and could alter the shape of European navigation. But uncertainty surrounds its economic viability. Communist leader Nicolae Ceausescu said at a lavish weekend opening ceremony that the
      Reuter  -  714 words
    • 190 18 THE MAJOR shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      190 words
    • 210 18 A NEW terminal has been commissioned in the Russian seaport of Vladivostok. The terminal is equipped with an automatically-con-trolled system for handling heavy-weight containers. The port of Vladivostok, one of the largest on the Soviet Pacific coast, is being modernised as part of the programme of reconstruction
      210 words
    • 1780 18 CHARTERING generally remained quiet in all sections of the freight market on Wednesday although some activity developed for time-charter business out of Japan, dealers said. A 63,000 tonner from Japan for a US west coast round voyage paid U555,350 daily and a 60,000 tonner from Japan for a
      1,780 words
    • 244 18 Cargonews Asia FOR ALL the freedom Hongkong's international trade enjoys under its "free port" status, the territory needs a large and efficient customs organisation, the commissioner of customs and excise, Douglas Jordan, said recently. Addressing the Institute of Chartered Shipbrokers, Jordan pointed out that Hongkong's
      Cargonews Asia  -  244 words
    • 244 19 AMERICAN shipping line Sea-Land has surprised shipping circles in the Far East-US east coast trade with its decision to join the Far East Conference. The line, which currently uses the intermodal system to distribute cargo inland from west coast ports, expects to become a member
      244 words
    • 441 19 Lloyd's List NORWAY'S international ship classification society, Det norske Veritas, has been forced to reshape itself to match the vastly changing face of the industry. In the annual report, president Mr Egil Abrahamsen said the sharpening of DNV's profile and enhancement of the
      Lloyd's List  -  441 words
    • 177 19 THE Danish Shipowners Association has come out strongly against any government sanctions against South Africa. The Danish parliament has adopted a series of bleak restrictions on trading with South Africa that could considerably damage Danish shipping interests, said Sea trade Week. The
      177 words
    • 251 19 WAH KWONG president Frank Chao has said that the recent improvements in freight rates are partly because of the rise in demolition activity in the Far East and better scrap prices. He said Hyundai Heavy Industries had specially allocated two shipyards in
      251 words
    • 5202 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      5,202 words
    • 642 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Kurama M 63/440 8.6.84 2200 Borneo FSB 0900-1000/0800-0900 Fl/Bl Chengtu 35S 8.6.84 2359 Straits FSB 1000-1200 S4 Niaga 21 8/84 9.6.84 0300 Kalimantan FSB 0700-0800/1400-1500
      642 words
    • 1787 25 The leading shipping lines operating from local ports and their agents. A-B APT A African Shipping Agencies (S) Afra-Earasia Liar Transgroup (S) Akrrnkicl Liarr SrrvW Kim Shpg <S> A*fH C IVfhf Ocesnus Shipping Agency (S) Manntrx Enterprise (PK). Alpar Inirasea (S) Bintang Shpg (KL) Island Cargo
      1,787 words
    • 384 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Court Lady 5 Sunshlp alongside 8.6.84/2300 Frances Bay 10 Malay States alongside 8.6.84/1100 Jenson IV 22 Thong Soon alongside 8.6.84/2000 Straits Hope 21 SSPL alongside 8.6.84/1500 Anjln No 11 15/6 Aru 8.6.84/1500 9.6.84/1500 Benjamas 47 Leo Shpg
      384 words
  • Page 17 Advertisements
    • 702 17 m Publi<hrxi and Distributed bv FEDERAL PUBLICATIONS Mr"] 2 Jurong Port Road, Singapore 2161 member of The Times Organisation •lARDINR ANTAH SKAI.OKI) I Okjent Overseas C<*touie\ Line FULLY CONTAINERISED SERVICE TO EUROPE VIS SUE? "Via feeder •end 0 GOVERNOR Ift •0 PRRKE V.IE N. nm 45E 0 KNKHT 17E K
      702 words
    • 677 17 ~;.||[[\![.=!%<:*<<?<*:+=:`~"*\ EXPORT FASTEST SERVICE TO USA EUROPE TO I S PACIFIC. GULh ATLANTIC. FAST CANADA. INLAND POINTS In Part IS-16/6 22-23/6 29-30/6 6-7/7 13-14/7 UCA MAERSK LAUST MAERSK LAURA MAERSK LUNA MAERSK REOHA MAERSX OSJNG TMES *CY 11th Jane 1100 HRS CFS 10th June 2300 HRS TO BELGIUM. HOLLAND. U
      677 words

  • Page 18 Advertisements
    • 257 18 FAR EAST/EUROPE CONTAINER SERVICE To Europe. From Europe 1) Barcelona Genoa. 2) Amsterdam. I Bremerhaven. Aarhus. Copenhagen Met •Accepting Europe cargo tor feeder via Ms contact PERM6C P Kelang tor 27/6 4/7 11/7 18/7 25/7 1/8 8/8 Antwerp. I Havre. Basle. UK. 3) Bremen, itsrnki 4) Matmo Stockholm. Oslo a
      257 words
    • 592 18 NOTICE STRAITS/BOMBAY/KARACHI GULF CONFERENCE NOTICE TO SHIPPERS EXTRA RISK INSURANCE SURCHARGE Shippers are hereby informed that, in view of recent developments in the Gull hostilities, the Underwriters have notified Member Lines of a sharp increase in the E«tra Risk Insurance of vessels entering the Gulf areas In order to minimise
      592 words

  • Page 19 Advertisements
    • 1015 19 The Straits Steamship Group QCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT ■OMCOKSS HMHK EVKSS MNHLDTOnnS mm HONGKONG EMS CAMKAN MT KMUO LNnraa MT ■ocnarKS MWKEVKS ALSO ACCEPTING CARGO FOR: Hantowf :I* C«t*toiaf*n. Aartoa. MMntarf. Sorakrburt IrttorMm :I* Antwerp. Amsterdam. (Mi Bremetoueen to Bremen Southampton UK rtfon. Bdtat IMM W
      1,015 words
    • 742 19 NOTICES FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS Broatroma Radari AB (Broatrom ShiDDina Comoenv Limited)/ Rederiaktiebolaqet Tranaocaan (Swedish Transocaan Linta) With effect from Ist June, 1984, Brostrom's Liner Services have been transferred to a new
      742 words

  • Page 20 Advertisements
    • 659 20 EXPORTS S pore P Krtjnf Ptnf Lerioes Bibao Genoa H'burj Adam B'havtn BARBED TSU 16 6 17/6 19/6 17/7 24/7 31/7 Mm*m HK lonf Oakland Kite Eipress (22/6) "i/? 5/7 'l/T^ N Sapptat 22/8 10/7 13/7 15/7 ToM* 29/6 17/7 18/7 22/7 Nosor Eipress 8/7 24/7 28/7 29/7 N Emerald
      659 words
    • 432 20 ItG.& LINE 1 FULLY CONTAINERISED SERVICE KOMfs l*»*P %4. .o**nagr.o*. EUR Off Member of the Ace Comartwn bun T*yt 21 '6 25/6 24 6 30 6 30/6 4/7 5/7 12/7 FROM EUROPE VIA SUI/ J A Memoer ot the Ace Consortum otvAin ma 3* ICFTUC GAMCT IK MACTBMCX IE KOREAN
      432 words
    • 424 20 r EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTHG FCL I LCL CARGO "OR SGP PKI HBG FlI MM WW IMV [re.hr.., 10 M U/M jo/k M/#7 M/|7 /#7 M/<7 Erer kmer 15 0i KM 00/07 01 07 10/07 11/07 11/17 Erar Globe 25/00 KOi 17/»7 10/07 21/07 22/07 20/07 *iso
      424 words
    • 992 20 (fan'/ime /jPfo //f/ Agents tor PT GESURi LLOYD PT BAHA3I BAHTERA PT PFRINTIS LINES 10 Collver Quay 05 04 to 05 05 Ocean Bldg S pore 0104 Tel *****44 to 48 *****1 SINGAPORE/INDONESIA SERVICE PRASE TIA (Nccfch t Contaowr B EUROPE SERVICE New Muttpurpwe Roro Vessel BuM 1981 Acceptinf breakbtA
      992 words
    • 331 20 uilll lliu 111T1LAJ) 1 liunji VIUIV U| *»va MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES lMdn( for b Abbas. B Khonwn SWGAPORf SWOSf MAttTNK P!f HO m ??0i144 t ??oi3/0 POST MIMIC MAIOSf MARtT** SOh BHO T«t *****7.} PfNANG MALAYSIA TRADE 4 IRANSPO#! (TO I*l 67N3
      331 words

  • Page 21 Advertisements
    • 588 21 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL KOTA AOUNQ KOTA SEJATt KOTA SALAM KOTA SEGAR VOYAGE E-507 E-509 E-511 E-Sl3 SINGAPORE LOADING FOR: IS-21/8 DJIBOUTI, HOOCIOAH. JEOOAH, AGAR A, PTSUOAN, MOMBASA, D'SALAAM 4-7/7 HOOCIOAH, JEOOAH, AOEH, AQABA, PTSUOAN 5-10/7 HOOEIOAH, JEOOAH AQABA, PTSUOAN 10-15/7 TAMATAVE, MAPUTO, D'SALAAM, MOMBASA, MOGADISCIO VOYAGE COLOMBO/CHITT
      588 words
    • 183 21 Agents SINGAPORF Pll P KFIANG SFIATAN AGFNCY Kl SFIATAN AGFNCY PENANG LEAN BFf CO IFI *****33 TFI 3880% *****32 IFL *****9 *****2 TFI ***** ***** 2 WOOD LINE SOUTH AFRICA SERVICE FORT CARLETON SA-2 NKOS N SA-3* Sid NOOO STAR SA4* 25 KK STORE PK REUNKM DURBAN CTONN W Sid
      183 words
    • 917 21 BENZINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE io tuwyt fcfmcn [i|rm CarWfan Bar Ll»«rpool Bar Bromon Eiprnt EUROPE U« HAM 8 HAVEN ROAM MAVRf M 5/7 6/7 1/7 12/? 13/7 15/7 it/? 22 25/7 11/7 71/7 24/7 26/7 a/7 M/ 7 3J/7 J,! .f 71 8/1 ,l'\ l/« IJ/I 14/1
      917 words
    • 651 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S'pore Service Full Container Vessel Bus*! Toko- Kobe K*o S'pore Tffriofc HAJAfAHT shwnf L""/, 1 W* 21/S 24/6 5/7 7/7 GOWA *10 06 11/7 14/7 IS/7 20/7 25/7 27/7 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE STORE P KELANGTUURY/ RDAM/ HBUR6, ANTWERP LON ADAM BREMEN
      651 words
    • 513 21 BOUSTEAD SHIPPING AGENCIES SPORE R'DAM HULL HMBG CLYDEBANK 11 July 5 Aug 12 Aug 8 Aug FORTHBANK 30 Aug 26 Sep 02 Oct 29 Sep Lines U.S. GULF MRECT SERVICE from Nola Hstn Gal* I SPORE I for STELLALYKES KES s 10/6 LYRES 21 ft 1/6 10/7 23/8 (•New Orleans,
      513 words

  • Page 22 Advertisements
    • 901 22 A K LINE KAWASAKI KISEN KAISHA, LTD PACWC COOST (Including DESTINATIONS INLAND vU IPI MICROBRIDT.E MINILAND BRIDGE) ALSO ACCEPTMG MONTVfAL. lOWKTO MS OTWI US MOFIC. GU.F. ATLANTIC WOTS N MIAN) POUTS ATLANTIC COAST FEEDER/ MOTtO VESSEL PKLG PENANG STORE T/S PORT N. YORK KANSAI PIONEER V 34 JAPAN AMBROSE V
      901 words
    • 509 22 n,.' !i:i 'y.'i Accepting Br*akbulk and contain*ris*d cargo** Dir*ct to South Africa Acceplint Contatnw I Bftttbutt Accepting Conlaintfs Onl> U VAAL 571SE WD COIOMBO VWIIF S'pvt I Dwban Bay 30/ C 15/7 OSAKA MAM 5715 C VI VAN Kit sm VIM Ctwm f OB EJJ» 27/5 31/J JARDME SHPMNG AGENCES
      509 words
    • 580 22 M CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Im*| tor lOS ANGELES SAN FRANCISCO JEATTU TACONA VANCOUVER 8 C A(c*p<n[ Fa/Fa CwtMKTi —r j.'r sin. i „y AUSTRALIA EXPRESS CONTAINER SERVICE Acceptor FCI/FCI CwAwen 'Ah* ham P/<4jnf Aucl »e» l»t1 Leo*| tr NaM TtMkam. "Nem Ou*i Map AM* cdb Titrat/S
      580 words
    • 556 22 SANKD ASIA FROM JAPANESE PORTS ANO HONGKONG GOLDEN LINE MAN MM SMffHK <tT.E)ll# t*| frmmal W M*| W Cad Stntl smtmrn 0104 I# ****** (It IMS) I# luk *****, t (m. nmi STRAITS/PERSIAN GULF SERVICE S p «< P M,* Pm* COIOEM SEASON Cotombc ttnjqrtoos Duta raw Kuwait 14/16 Am
      556 words
    • 575 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa 1 Plh/h Singapore 0207 let *****1 1 (10 Lines) o' BREAKBULK SERVICE TO EUROPE/UK FW SEAWOOD SHIPPING CORPORATION P Kelang Loadmf tar: Smfipore NTRASEA (PTE) ITO BOOKMG *****11 Lanp* BWTMK SHPPNG CO SDK M) «33?tt ftnan Mff-Omnus Mantim S*i BM *****4
      575 words

  • Page 23 Advertisements
    • 716 23 TO EUROPE/UK (VIA SUEZ): S'port P. Keianf Havre R'Dam F'stowi W CONTAIO 40W+ 10/6 11/6 29/6 30/6 2/7 SS BMDGE 46* 17/6 18/6 6/7 7/7 9/7 C PAUL 40W 22/6 23/6 11/7 12/7 14/7 C CONTAMER 26W 29/6 30/6 18/7 19/7 21/7 C ROZE 39W 5/7 6/7 24/7 25/7 27/7
      716 words
    • 479 23 HEUNG-A SHIPPIN Korean Flag Vessels doham SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK, KEELUNG. BUSAN. INCHON ,INT *PIIINI AGENCttS PH lID let ?*****/ ?*****4 (Bookmi) *****10 ??1?0?? (Opttjtxxis) 222?48/ ??09?84 iTermmjli ??0?450 ??0?504 (CfS) m: >. :it .v TUNAS SUIA SON BHD Kl let <***** *****4 PK TH *****4 PEN TH *****5
      479 words
    • 713 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 l*m) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK AT NAN SOON SON. BHD IST ANO ?NO FLOW. NO 1 JALAN CEMPfNWG POST KLANG.
      713 words
    • 79 23 DURBAN JOHANNF SBURCi MAPUTO. MAURITIUS A RFUNION EAST MALAYSIA SMPfMC ENT. (PTE) LTD 414 MOT STKTT. JTOK OIK TEL: 2225J11 (4 IMS) TOO NO ONES K*****9 SWSAPORE TO SMAWJUC t BRUNEI VESSEL YOY ETA ETO SRI UKU 9 MR hi Part 9 Jin LUCOHA 9 LABUAN/K. BELATT 13 Jin 14
      79 words

  • Page 24 Advertisements
    • 576 24 Kc<|i«Mial Container Lines 2 Sailings Weekly Reliable Regular Punctual Berthing PS A 1500 Hrs Tuesday Saturday col 1 SINGAPORE ISLANDS USE b MIDDLE EAST REGULAR LINER JAMAI SHAH (Mauritian Flag) kusu island *Haa»y Ml SO tan S'pore PK taPt/13 Jun Pnf Loading for: IMban. Tamataie Salalah. Kuwait Doha □SR-LIIM VEB
      576 words

  • Page 25 Advertisements
    • 56 25 t \n\ lis +*> general agents sealion shtwiC (S) he ltd. r cm>•**.<- LILX)I\Nh SINGAPORE SAIES/BOOKKGS TIL 2205M1 (1 UKS) -^Seawinds a*»; wrs ORRNIAI SEAWINOS I INf R AGfNCY PTf lID SINGAPORE TEL 2205M1 SALES/BOOKINGS MALAYSIA GENERAL FREIGHT |M) SDN BHD PK Mo44e KL 9141*4 PEN *****3 r DIRECT FULL
      56 words
    • 393 25 ■jr Nedlloyd Lines Loading for: CENTRAL AND SOUTH AMERICA! CARRIBEAN/CENTRAL/EAST COAST SOUTH AMERICA accepting containers 'o Corribean ports via B'town EAST COAST SOUTH AMERICA VESSEL fS PORd P. LOUIS BTOS PGUA R. GRA M'DEO S. AIRES NLoiro 5/7 14/7 31/7 4/8 6/8 9/8 11/8 Aconcagua 21/7 14/8 N Leuve 29/7
      393 words

  • Page 26 Advertisements
    • 104 26 EGYPTIAN NAVIGATION Co. Egyptian \ntional IJne DIRECT LINER SERVICE TO EGYPT (ALSO ACCEPTING CARGO FOR JAPAN) Vessel ALMMOMMH AGENTS NEPTUNE AGENCIES PTE LTD TH: *****77/*****34 CONCORD LINES CONVENTIONAL LINER SERVICES ETA ETD 1 OA DING FOR C. ANGEL 9/6 14/S HOCHMNH A VESSEL 25/6 28/6 MUARA K (Accept!* 20tt Contjmm)
      104 words
    • 134 26 SANKI SHIPPING CO LTD Loadnf f« STOK CCXOMBO CMTTKGONG KARACHI RANGOON M V GRAND WISE 14/6 20/6 MV CHOSEI MARU (Ro/Ro) Sjied 14/6 7/6 M.V. 6AYA TIG* V I 21/6 27/6 Hejvytft aviiaMt AGENTS 00**11 MMH CONPN PIE ITO TU 91M00 (4 UKS) IthwrHo* 34 rM» SI. #DMO Sp«. 0104
      134 words
    • 656 26 tet C Y L|NE Mtmb«f Of Th« ACE Consortium) CHO VANG SHIPPING CO. LTD FUILT CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) Is'pere PKlai(| leH»r»e Rd«n Fstove Hburj Brem Antwerp HONGKONG COMAKER 40N lOC 11/ C SEWN SEAS BRDGE 46M 17/( l|/( chevaicr pah *<m n/t a/t CHNA CONTAMER ?«R H
      656 words
    • 597 26 Everett Lines I COMPANIA PERUANA DE VAPOREES (C.P.V) "PERUVIAN STATE LINE" to> Cj*m Id mi al oiv> 'pkiih pofH vrfti *t Monf»(wi( and IK «o|y Or CPV tlwoiirfc Ms ot l«t«ig lo tm.il destination Penang P Keiang Smapore •HUGHEVERETT MANOLOEVERETT lOHNEVERETT P Keiang 10/11 Jwi 21/30 tun 5/7 My Singapore
      597 words
    • 445 26 ZIM GOLD STAR LINE 14 DATS EXPRESS SERVICE TO DURBAN GOID VMM Durban C«* Tom P t 11 Jun GOLD MOUNT AM Colombo Mombasa Durban Maputo DE S TAAMTAVE 70 lun 27 DATS EXPRESS SERVICE TO APAPA GOLD HR.LA ACMlian Apafia lagos P Hat Douala Tema Monrooa OouaUl3 lui Also
      445 words
  • Page 26 Miscellaneous
    • 186 26 Regional Weather w 'A VI 9 m Sl' m «s L 7 m 2 m > LM, Wj fcl i M .4, V w ex' II CN 1 th K 5 i ■wmbQQV., Is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c yA Win* Wind direction with
      186 words