The Business Times, 6 December 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 THURSDAY, DECEMBER 1,1184 60 CENTS
    11 words
  • 561 1  -  By ALVIN TAY,AMY BALAN THE IMPLICATIONS of the Chop Hoo Thye collapse deepened yesterday with the closure of a related company, Yak Mong Trading Company, with debts totalling $27 million. Bankers told BT last night that the company was put into receivership by
    561 words
  • 413 1 PARTNERSHIP with the National Trades Union Congress will continue as a cornerstone of the People's Action Party's rule in Singapore. PAP chairman Ong Teng Cheong said the PAP-NTUC symbiosis has benefited not only workers but also employers. The latter, he wrote in a special issue erf
    413 words
  • 368 1 A NEW ECONOMIC strategy and policy mix is needed to pull the economy out of its malaise. In the latest issue of "OUB Financial Review", the Overseas Union Bank said the official forecast was far the Singapore economy to sustain moderate
    368 words
  • Article, Illustration
    57 1 RECENT NEWS «he «Mb* ti credit facilities by «he Malayslaa aalhsillha buy «he Btagapere stack market yesterday. Dealers ales regfrtcd aa latavesters frsm aerass the Caaseway. t The BT Cenpsstte Met galaed B.IS astets te 711.41 while the Straits Times ladas«rial lain Increased hy 7.1« psiats Is nifl.
    57 words
  • 584 1  -  By RICHARD SEAH A REVIVAL of cinema-going with better sound systems and more comfortable surroundings could be in the offing. But it depends on a reduction in entertainment tax and a determination to wipe out the video pirates. Major cinema operators, including Shaw and Cathay Organisation,
    584 words
  • 422 1  -  By JOANNE YAP HONEYWELL, a US computer company, is selling its integrated circuit (IC) assembling and testing subsidiary in Singapore, leaving a question mark over the company's plans to set up a $500,000 IC design centre here. Honeywell-Synertek Singapore has
    422 words
  • 94 1 Reuter THE NUMBER of people dead in India's poison gas disaster rose to 1,600 yesterday and there were fears many of 50,000 people given medical aid could go blind. The Press Trust of India said there were at least 200 children among the dead,
    Reuter  -  94 words
  • Page 1 Advertisements
    • 133 1 Budget rentacar I 1 Orchard: *****11 Katong: *****11 Get the most competitive rates cm fixed deposits and savings accounts at UMBO VMt or ed your nowoot bronch lodty Effective 18/11/84 (Rates an subject to change without notice) UNITED MALAYAN BANKING CORPORATION BERHAD Mam OMor UMBC Building 22 Malacca Street Singapore
      133 words
    • 252 1 mm SWEDEN IS keeping o watch OUR VIEW COMPANY NEWS on high-tech ventures in V/Vn VIC TV Singapore and identifying CINEMAS PROVIDE good, cheap entertainment. But low prices £?!L2SSZ fHl'iobsM KSTS* RA D°HSU PO the nd #O .J l etimes pornogrophy, have made pirated video tapes t H« country embarks
      252 words
    • 14 1 FuN report, Rags 13 Asian stocks, Psgs 11 InlirmWiHwl stocks, Pigs 10 LMd*r, Pag«
      14 words
    • 100 1 BEHND EVERY SONY PRODUCT IS SONY Service *****11 THE ONE AND ONLY Difficult to identify cium of got look, says I A kUI union vflrDfOw cntwiy Pago 5 y r ar/te/' u tiP «/> m 4, v m m i 4 4 W/ Z 5 WA> 'C t <ifc KM9M
      100 words

  • HOME NEWS
    • 388 2  -  By KOH TSE YING SWEDEN IS keeping a watch over high technology ventures in Singapore and identifying projects for Joint participation in research and development. The Swedish government has appointed a Counsellor (or Science, Technology and Industry, Mr Rolf Bodh, to the Swedish Embassy
      388 words
    • 239 2 THE Swedish Trade Council, counterpart of the Trade Development Board in Singapore, is embarking on its own programme to export Swedish business and industrial expertise to Singapore. The out-going Swedish Ambassador to Singapore, Mr Hakan Berggren, said yesterday that the Swedish Trade Council, a semi-government
      239 words
    • 344 2 EUROPEAN steel exporter Trade ARBED is planning to set up a technical advisory division in Singapore as part of its marketing strategy in the Asean region. In a three-day closed door meeting at the Marco Polo Hotel among top executives of the Luxembourg-based company,
      344 words
    • 273 2 ASIA PACIFIC countries have been advised by a leading tax expert to negotiate the most favourable tax breaks when dealing with developed countries. Addressing a tax conference organised by the Asian-Pacific Tax and Investment Research Centre yesterday, Mr Eric Tomsett, international tax partner
      273 words
    • 426 2  -  By AMY BALAN PRIVATE ENTERPRISE, rather than government policy, has been hailed by a leading regional banker as the main engine that powers the growth of Asean economies. Dr Amnuay Viravan, chairman of Bangkok Bank, also pointed out yesterday that the economies of the
      426 words
    • 240 2 AT THE RATE the items were going, it didn't look like the fair would last two days. The Meridien Hotel's Christmas Charity Fair had raked in about $1,500 for the Community Chest of Singapore within the first hour of opening. By five in the
      240 words
    • 118 2 THE TRADE Development Board has updated its Trade Classification and Customs Duties by including more items under its product list. The 1985 edition has expanded item codes for six categories meat and edible meat offals, dairy products, edible vegetables, wood and wood products, electrical
      118 words
    • 238 3  -  By LEE HAN SHIH TENANTS of the Tung Centre at Collyer Quay will be "protected" from the top and bottom by two major foreign banks. Banque Nationale de Paris, one of France's largest banks, is taking up the first eight floors of
      238 words
    • 282 3 THE SOVIET EMBASSY has invited Singapore to take advantage of its cultural, scientific and sports exchange programmes. Mr Vladimir Taranenko, the Soviet First Secretary, said there are many opportunities for Singaporeans to study under Russian world-class musicians and coaches, but there seems to be no takers.
      282 words
    • Article, Illustration
      476 3 PACIFIC TRUCK Mi Trailer Ltd, a Canadabaaed company specialising in heavy duty truck manufacturing, has opened a regional office in Singapore. The office will seek to improve services to the heavy duty truck market in South-east Asia and the Pacific basin. The new office is at 9th Storey,
      476 words
    • 524 3  -  They will be allowed to work outside in the day By SHAHRIR ARIFF SELECTED PRISONERS may soon work hand in hand with labourers at construction sites. Under two schemes that will be introduced, prisoners will be allowed to work with outside employers during
      524 words
    • 151 3 THERE ARE clear signs of an increase in pre-marital sexual activity, with more teenagers starting younger, said a local doctor. A similar trend has been evident in the US, the UK, West Germany and Japan since the *****. In nearly every culture, some pre-marital sex
      151 words
    • 268 3 ONE OF THE best ways to lure Orchard Road shoppers into a shopping centre is to appeal to their stomachs. This strategy, started on a grand scale by Yaohan in Plaza Singapura more than 10 years ago, has been picked up by some
      268 words
    • 356 3  -  By LISA LEE AN ESTIMATED billion-dollar renovation market has prompted one developer to market an entire shopping complex devoted to building materials and home furnishings. If the idea takes off, the yet-to-be completed Eminent Plaza in Lavender Street will be the first to bring
      356 words
  • Page 2 Advertisements
    • 177 2 NMB Bank in Hong Kong. NMB Bankli Singapore With total assets ofDfl. 66 billion (IDA.—USso.32)asat June 30,1984, NMB Bank ranks third amongst the commercial banks in the Netherlands, andaccordingto American Banker ranks seventy-fourth worldwide. NMB Bank is wholly Dutch-owned and is rapidly expanding its international network. International business today accounts
      177 words
    • 39 2 UC 2200 > a. *> Cq*. r O, fc. I u V Wristwatch Computer System Makes An Ideal Gift This Christmas Amateur Photo Stores Pte Ltd 47 Hill Street Chinese Chamber of Commerce Industry Building *06 03 Singapore 0617 Tel: *****22
      39 words

  • Page 3 Advertisements
    • 40 3 r FACTORY FOR LEASE Rental: 70$ per sq.ft. AREA. 10,000-20,000 sq. ft. FACILITIES: Sanitary, water, sprinkle system r electricity 100 KVA Suitable for all types of industry, except food LOCATION: Near Jurong bus interchange Interested parties please call *****59 A
      40 words
    • 167 3 SEMINAR PACKAGE There are 1000 and 1 details to organising a successful seminar. Leave the 1000 details to us, the one you have to do is to call our Banquet Manager on *****66 Ext 198. For a minimum attendance of 20 persons, we offer you a very special package at
      167 words

  • Page 4 Advertisements
    • 104 4 i *11 i < FLY THE LEADER. SINGAPORE AIRLINES IS NOW FLYING THE WORLD S MOST FUEL- EFFICIENT JETLINER. V, wmm MBEWSW"siV-V4t»«-% wsa&*z- i tet, 'skUSm Ml tn&mm Wmim v m H >/ i iiilSi i ■>n -.''r S£ *«Si Congratulations, Singapore Airlines, on your choice of the Boeing 757.
      104 words

  • OVERSEAS
    • ECONOTES
      • 49 5 JAPAN'S major labour groups have agreed to seek pay rises of at least 7 per cent in fiscal 1985/86 starting April 1. The wage talks are coordinated by the General Council of Trade Unions, the Confederation of Labour and two other labour groups.
        49 words
      • 42 5 SRI LANKA's cost of living index rose 0.21 per cent in November after rising 0.28 per cent in October and 1.84 per cent in November 1983. Official statistics show that the November year-on-year rise was 10.49 per cent.
        42 words
      • 34 5 AUSTRALIA'S seasonally adjusted gross domestic product at average 1979/80 prices eased by 0.9 per cent in third quarter 1984. The decline is the first since the second quarter of 1983.
        34 words
      • 41 5 AMERICAN steel imports declined 9 per cent in October to 1,985,702 net tonnes from 2,181,795 tonnes in September. The American Institute for Imported Steel said the EEC volume was down 8.4 per cent in October from September.
        41 words
      • 32 5 CHINA has accused the US government of "rude and unreasonable" policies limiting its textile exports, and said the problem threatens to affect overall trade between the two countries.
        32 words
      • 43 5 5 GHANA has devalued its currency, the cedi, by 25 per cent against the US dollar. The devaluation, the fourth in 14 months, means that the cedi is now pegged at 50 to the US dollar from 38.5 previously. Agencies
        5  -  43 words
    • 350 5 Bernama THE MALAYSIAN King yesterday directed that discussion sessions be held to restore Muslim unity damaged by the practice of Muslims calling one another Icafir (infidel). In his address to thousands of Muslims at the National Mosque in Kuala Lumpur
      Bernama  -  350 words
    • 230 5 UPI SEIKO HAS developed a wrist watch that calls Muslims to prayer at the appropriate time and ensures they face the holy city of Mecca in Saudi Arabia wherever in the world they may be. Five times a day, the timepiece bleeps to remind its wearer
      UPI  -  230 words
    • 627 5 ARRIVALS Operator Swvic* Local tim* From SIA THAJ MAS GIA MAS SQI05 TG403 MH682 GA940 MH60S 1120 1155 1230 1235 1250 KUL BKK KCH MES KUL SIA SIA GtA SIA SIA THAJ GIA THAI SIA SIA LUFT CPA MAS MAS MAS SIA JAL SIA GIA TRW NW
      627 words
    • 285 5 AP A CHINESE factory buys Jeeps and sells them illegally, making huge profits. A store hikes the price of coveted colour televisions despite state controls. Smugglers conspire with customs officers to export ancient relics and import everything from digital watches to nylon pantyhose. These
      AP  -  285 words
    • 214 5 Bernama THE TWO-DAY global community forum ended in Kuala Lumpur with a consensus that the "Asean six plus five" format a concept of cooperation between Asean and five countries in the Pacific basin the US, Japan, Canada, New
      Bernama  -  214 words
    • 334 5 Reuter MARGARET Thatcher of Britain yesterday faced the prospect of a humiliating retreat on the issue of student grants after the biggest rebellion within her Conservative Party in five years as prime minister. On Tuesday night, about 250 Conservative Members of Parliament crowded into a
      Reuter  -  334 words
    • 344 5 AFP THE PRESIDENT of the Union Carbide Chemical Company in the United States said the cause of the leak of methyl isocyanate gas that has killed about 1,200 people in India so far will not be known for several
      AFP  -  344 words
    • 146 5 FT THE DIRECTOR and editor in chief of Le Monde, France's leading daily, has resigned after the editorial staff turned down his plans for salvaging the paper from its heavy financial losses. The vote by the editorial staff was an unprecedented display of
      FT  -  146 words
    • 542 6 Decision on military spending to come next week NYT PRESIDENT Reagan has decided on cuts in domestic spending in his 1986 budget, but has left open whether he wants to slow his military buildup to reach his deficit-reducing goal. The decision on military spending
      NYT  -  542 words
    • 123 6 Reuter THE SON of a Filipino dissident has said that his father's death sentence in the Philippines is part of an attempt by the Manila government "to eliminate key opposition people at opportune moments". Eduardo Olaguer Jr, 25, a student at
      Reuter  -  123 words
    • 237 6 AP THE PRESIDENT of United Auto Workers (UAW), Mr Owen Bieber, said foreign carmakers were welcome in the US but they could not be trusted to limit their exports without pressure by the US government. "Free trade as we all know is wonderful
      AP  -  237 words
    • 118 6 UPI NEW ORDERS to US factories dropped 2.5 per cent in October, the third consecutive monthly decline and the latest bad news for a slowing economy. The US Commerce Department reported that the value of new orders was US$lB5.l billion, down sharply from the $194
      UPI  -  118 words
    • 294 6 AFP THE AMERICAN government has denounced the hijacking of a Kuwaiti airliner and the killing of a hostage as an example of terrorism which it said the world must oppose. The US State Department said on Tuesday at least three Americans were passengers on
      AFP  -  294 words
    • 196 6 AP FRENCH PREMIER Laurent Fabius yesterday insisted that the rights of both the native Melanesian people as well as the white population of New Caledonia must be protected as the French Pacific territory moves toward self-determi-nation. All of France's major political groupings
      AP  -  196 words
    • 178 6 AP LAWMAKERS are predicting overwhelming support for the Sino-British agreement to return Hongkong to China in 1997. While the House of Commons is expected to approve the pact without opposition, members on Tuesday said Prime Minister Margaret Thatcher's government will be pressed for answers
      AP  -  178 words
    • 441 6 UPI THE US State Department has given a grim review of the Kremlin's "offensive against human rights" in 1984, citing the abuse of dissidents and "calculated terror" in the Afghan War. In a semi-annual report to Congress on Tuesday, the department also said
      UPI  -  441 words
    • 412 6 Reuter NATO DEFENCE MINISTERS have agreed on a multi-billion dollar effort to improve conventional defence in a move to lessen their dependence on nuclear weapons and appease US congressional critics. The agreements to boost spending on ground facilities and raise munitions stocks met two
      Reuter; UPI photo  -  412 words
    • WORLD IN BRIEF
      • 42 6 MALAYSIAN Prime Minister Dr Mahathir Mohamad will begin a 10-day official visit to Libya, Egypt and Mali from Dec 8. He will hold talks with Libyan leader Colonel Muammar Gaddafi and Egyptian President Hosni Mubarak and Prime Minister Kamal Hassan.
        42 words
      • 81 6 SAUDI ARABIAN oil output rose slightly in November to around four million barrels per day (bpd) from about 3.8 million bpd in the previous month. Oil industry sources said production averaged some 4.2 to 4.3 million bpd in the first half of the month, slowing later to
        81 words
      • 60 6 AN ANTI-ASIAN group said yesterday that it burned down a Sydney factory overnight because the owners employed Asian immigrants in preference to Australian workers. An anonymous telephone caller told a television station that his group, the Australian Party Against Asians, firebombed a furniture factory in Sydney's south-western
        60 words
      • 50 6 CHINA will soon set up a national Shakespeare research society in Shanghai. The New China News Agency reported on Tuesday that the aim Is to coordinate research as well as encourage the staging of Shakespeare's plays and promote international exchange to enrich China's own dramatic theory and practice.
        50 words
      • 71 6 CARMAKER John De Lorean, who was acquitted of cocaine trafficking chafges this summer only to be sued for divorce by his wife in October, is now being sued for almost US$5OO,OOO by a car dealership his brother owns. Mr De Lorean, and his estranged wife, Christina, have
        71 words
      • 47 6 FRENCH European Affairs Minister Roland Dumas is expected to be named France's next Foreign Minister after the appointment of Claude Cheysson to the European Commission. President Francois Mitterrand, who disclosed Mr Cheysson's appointment at the European summit in Dublin, is expected to announce further ministerial changes.
        47 words
      • 43 6 Agencies ABOUT 96 miners were trapped in the Haishan coal mine in Taiwan yesterday after an apparent explosion hit the pit, police reports said. In July, Taiwan suffered its worst ever mining disaster in which 103 miners lost their lives. Agencies
        Agencies  -  43 words
  • Page 5 Advertisements
    • 15 5 Pan Am World Express irOuK kvSc I <)s\ Wci\ IoC Xv\ 431 S. C itirs
      15 words
    • 50 5 r. <C" Master of Mixes every drink is a Masterpiece And ultimately, a work ot art especially a Masterpiece is a thing to be shared On your next get together Or when It's just the two of you Taste a Masterpiece MASTER Of MIXES" I in w V T 4
      50 words

  • Page 6 Advertisements
    • 125 6 Whatever your function, the York Hotel has a room to suit the occasion. Seminars, conferences, training sessions, corporate meetings, wedding dinners, annual company get-togethers, celebration banquets we have a room to suit every need. There is the stately Carlton Hall in blue and grey with magnificent glistening chandeliers; the Rose
      125 words
  • Page 6 Miscellaneous
    • 55 6 Doonesbury rujrri- THSfmouee JAM&tMThe EN&nee*.ON youßuewsHouj \jmi9 mODMBTD X YOU MARK? m 1 ♦4 r 4 a vi I m m A BY GARRY TRUDEAU HO&S7HEPGAL ATTH/SHOUROFTHE m<TMHA£Asmiouipeviw CALL-IN AUPBNCB. ~HBiARE HV£, MEL, RO&TA, COL HARHJOOQ, AND SOME GUY NAMEP s^CHIO&BON? FROM CHICAGO 1:4 Wo>o4 $9 m rl U A"
      55 words

  • Page 7 Advertisements
    • 113 7 Impress them, Cecil with your \Wre pivud to have left our impressions on you Aircon Enterprise (Pte) Ltd De-Lai Enterprises Pte Ltd Eng Hua Furniture Manufacturing Pte Ltd Hitachi Elevator Engineering (S) Pte Ltd How Yan Glass Mirror Merchant Hyosung Singapore Pte Ltd Kiang Chin Builders Trading Co Korea Shipbuilding
      113 words

  • FEATURES
    • 519 8 THE MAGIC of the big screen is hard to beat. There is nothing quite like going to the cinema to be transported for two hours or so, into worlds of romance, comedy, horror or fantasy. Superb photography and special effects lose their impact on the home
      519 words
    • 865 8  -  tl I Jg <« rV he US announced m withdrawal from for its alleged anti-western bias. Then it ned to block the 1985 Gatt budget unless rd World toed the US line. The spotlight on which the US has criticised for mismanagement. KHALID HASAN reports.
      865 words
    • 654 8  -  By CLYDE HABERMAN NYT THE JAPANESE government, frequently criticised for its military policies, is debating whether to abandon a fundamental principle that tightly limits military spending. Pressure is growing within the governing Liberal Democratic Party to drop an eight-year-old understanding that Japan's military
      NYT  -  654 words
  • Page 8 Advertisements
    • 267 8 First-class sound V. IV* Mw SW FM Uup O^ Kr -J i;:SEBRSHS pp m acner aaemmt wmam <** *JL4C** *»i 4*fe* V« -&*■> ?A <• V Wfc S* Si V. V V> V The finer the car, the more important the car stereo design, the reception, the sound impact, the
      267 words
  • Page 8 Miscellaneous
    • 1156 8 TO QIHD BUNDO® IJ (HIGHLIGHTS Thursday Feature Special Marathon Man 10 pm, Channel 5 Marathon Man is a thriller which tells of an introspective New York intellectual who inadvertently gets involved in an espionage plot pitting him against a murderous, intemotional Nozi wor criminol. CHANNEL 5 1 2.25 PM SBC
      1,156 words

  • SPORTS
    • 460 9  -  By WALTON MORAIS FIVE HOURS after the runners are flagged off for the Singapore Marathon on Sunday, a lonely figure will cross the finishing line. By that time, Peter Strudwick would have brought his message of hope to the prisoners, juvenile delinquents and drug
      460 words
    • 541 9  -  By BRIAN MILLER WITH THREE DAYS to go before the big roll-off, the "fizz" is beginning to show at Kallang Bowler Drome where over 250 bowlers are assembled for this year's Pepsi Kallang All-Star championships. Since the bowling tournament began about a week
      541 words
    • 219 9 THE advertising media's sixth AMOASSAAAAAA golf tournament will be held at Sentosa Golf Club tomorrow. The highlight of the tournament is a Mercedes 190E hole-in-one prize. The tee-off times are as follows: Ist TEE lpm Vince Khoo, Raffael Leong, P K Yeap, T P Lio. l.fi pm David
      219 words
    • 820 9 NYT A TWELVE-METRE American sloop built in spy-mission secrecy with space shuttle technology will slip into Australian waters this month as part of the costly and clandestine effort to return yachting's dearest prize to the United States. The sloop dubbed the
      NYT  -  820 words
  • Page 9 Advertisements
    • 271 9 '*10 hours of TV advertising daily for just $3.17" Can you say the same? In-store merchandising. A most under' used promotional tool. And one which achieves real results, because you can take as long as you like to show your product in use, or to demonstrate it and you're not
      271 words
  • Page 9 Miscellaneous
    • 651 9 mmmim CRYPTIC PUZZLE ACROSS 1 The enterprising way to go and take a boy out (6) 7 A wet but popular ballet (4.4) 8 It may hold up supplies of fruit (4) 10 Fear of Revolution (6) 11 Run for a long time after a man (6) 14 lon's own?
      651 words
    • 20 9 BriStoW: Flank Eti cken£ rm to os£po going OUT UMTH TMIS Tf?OLL£S SINCE "THe CPkrOPRiGN FbR T(£Pi stpißTep r~i CART
      20 words

  • INTERNATIONAL STOCKS
    • 382 10 Reuter JUST six months after instigating the richest corporate takeover in US history, Mesa Petroleum Co is stalking Phillips Petroleum Co in a struggle that could further consolidate the troubled oil industry. T Boone Pickens, chairman and chief executive of the Amarillo, Texas, Co,
      Reuter  -  382 words
    • 94 10 Reuter AN AGREEMENT has been reached between Alexander and Alexander Services Inc and Reed Stenhouse Cos Ltd to merge their worldwide insurance interests. The companies say the combination will be effected through recapitalisation of Reed Stenhouse and an exchange offer under which Reed Stenhouse stockholders
      Reuter  -  94 words
    • 306 10 Reuter STOCK PRICES closed higher on Wall Street on Tuesday for the first time in four sessions as the market staged a technical rally highlighted by takeover speculation. The Dow Jones Industrial Average rose by 2.65 points to 1185.07. Gaining issues led losers
      Reuter  -  306 words
    • 151 10 0€C 04 C$ |np CM 42% kco 13» 32 AJean 36» L Ul» 21* AJgoma 16% wich C. Por* Mont 24* «>,„ I6W uneh fconk Nova Scotia lo6to B 19» M 35% LVnwy F«ra 3% Can Ltd 24% JTffcd* 25% £ro*con.„.. 29% j*oKan A 16 uneh Con Imp Bk
      151 words
    • 251 10 Btr M StMt 122 +2 INDUSTRIALS A ikk. ROA Jnuc 480 inch VooJworth 1500 25 p v Abarcom AE And a Amapfop 1405 800 370 WYk inch -5 < Knjfo* H/v4v«4 MMMGS 2420 7200B 20 -too 25 c r, Smrth trw 1150 ♦5 inrh v V voa wET 1775
      251 words
    • 651 10 D€C 04 USS ACf Mutfnn AJcan AJlvtwi 27* unch Mcoo 35* Albany Lud 21* AWd Oum Cp 35* AM Stores 54** -2 A*s-Chalmers 7* Am Brands irx 63* An Broadcast 58*. Am Can Co 48* Am Cyanamd 45* Am Elec Pwr 20* Am Express 35* Am Home Prod
      651 words
    • 817 10 Amsterdam OfC 04 Fb A8N 344 50 -1 5 Aeoon 140 00 +1 Ahold 160 80 +0 1 /Olio 96 20 +0 1 /WEV ***** +08 I 64 80 -0 2 fa™" 4000 -1.4 101.00 +0 5 281.SO +2.5 60 30 +0.1 Cdmd »80 -0.2 ***** -i s
      817 words
    • 46 10 Reuter THE INTRODUCTION of British Telecom PLC put and call options boosted options trading on the London Stock Exchange on Tuesday to a record 26,884 contracts compared with average daily volume of only 4,700 in recent months, a stock exchange spokesman said. Reuter
      Reuter  -  46 words
  • Page 10 Advertisements
    • 498 10 W<i«r« id wtm, dim entertain m The President Lounge presents c^vp^ es W I >ur\ l>n:. il- I'l S k I I \>l Jl. II I)t I'.iHiv M.ilu'nv M For more in forma txxi call. Carrol Seah at Tel: *****22 Ext 1400 MttSlDfrM MKRLIN HOTKI. SIV.APORt IKI. kiuhcncr Road Singapore
      498 words
    • 162 10 London stocks, Pago 15 V Loungp Sip a glass of the world's finest wine, while you relax in the cosy ambience of The Lounge. Make your nights memorable with Keyboard wizard, Danny Koh and our resident band, The Pintos Trio. Happy Hours: spm—7pm, 25% off on ai drinks. CROWTI ®FfU?£E
      162 words

  • 'ASIAN STOCKS
    • 345 11 HONGKONG: Share prices closed higher in active trading yesterday as institutional investors stepped into the market. Turnover for the half-day session was HKJ124.50 million compared with $142.11 million for Tuesday's full trading day. HK Wharf added five cents to $4,675 and Cheung Kong five to $9.10 but HK Land
      345 words
    • 249 11 DCC 05 |U Slnctra Indus HT 6 40 unch .Chem Indus Lien Hwa Indus (4an Ya Plas Pacific Cora 19 10 1205 30 40 27 00 -03 -01 +03 +01 C<o*nt Cottxjy Cora 28 60 -0.1 Pacific Elect 19 00 Chang Hwo Bank Chan Loona 56 50 1870 -05
      249 words
    • 383 11 TOKYO: Share prices closed lower in active trading yesterday because the market needed to consolidate after the average rose to record levels in four successive sessions. The average shed 34.25 to 11,534.19 after gaining 63.86 on Tuesday, on turnover of 700 million shares against 670 million on Tuesday. The
      383 words
    • 157 11 MANILA: Share prices closed mixed in continued dull trading yesterday. The Commercial and Industrial Index rose 0.66 to 108.71, the Oil Index eased 0.006 to 0.600 and the Mining Index was unchanged at 748.48. Basic Petroleum firmed to 0.0026 pesos from 0.0024 and PLDT to 38.50 from 37. Atlas
      157 words
    • 6 11 BANGKOK: The market was closed yesterday.
      6 words
    • 348 11 SYDNEY: Share markets closed barely steady yesterday in quiet trading with prices mixed following conflicting signals from over--1 seas. BHP was steady at A 55.12, CSR firmed one to $2.88 and Bell Resources slipped 10 to $4.60. In the oils, Bridge advanced eight to $2.38 but Ampol Exploration and
      348 words
    • 88 11 Dec 5 Won Hyundai Motor 639 +9 Bonk Seoul 653 2 K AL 537 720 unch -5 Choheung 0k 620 -5 -5 10 Korea Oi Korea Sh<> 1345 140 Comrrwciol Bk Doekm Ind 605 562 410 800 -5 3 Daewoo Corp Daewoo Ind Dong Ah 485 633 658 •2
      88 words
    • 150 11 FT MOTOROLA Inc of the US is planning a US$4B million investment in Taiwan to assemble and test largescale integrated circuits. The investment represents further progress in Taiwan's drive to attract state-of-the-art technology, especially in micro-elec-tronics. The Taiwanese government earlier this year approved investment
      FT  -  150 words
    • 294 11 Reuter THE LISTING next month of Hyundai Engineering and Construction Ltd on the Seoul Stock Exchange will be a test of government measures aimed at boosting confidence and turnover on the exchange, analysts say. At present, foreign participation in the market is limited
      Reuter  -  294 words
    • 232 11 Reuter NAM T AI GROUP, a Hongkong electronics company, will contest a bid by Texas Instruments Inc to bar miniature calculators not licensed by it from the US market. The company's lawyer, Joel Davidow, says that the International Trade Commission (ITC) is reviewing
      Reuter  -  232 words
  • Page 11 Advertisements
    • 518 11 Sdl M I? m 'fan m n )r.S>. r^LJ.+ c*" ,K caH $14* P W 101 TV CROP'S J V 'Sfc* <y Alt Jki'- 4 USBC^ The Chef carves at 8.15 pm every Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve
      518 words
    • 114 11 Good Food At Fair Prices t >- I w. <s iS '■if Buffet Luncheon Show Evwy Thursday Me 6th December 1984 (y CMW* tWJ Price: $16++ Ourts by S PORE OAIMMU PTE LTD BufM lunch: 12 noon Shoes by MCO-NO Show Time: 1.15 pen SeonwidHf T"" For reservations please call
      114 words

  • BANKING AND FINANCE
    • 518 12 Reuter GOLD IS likely to fall towards or even below US$3OO an ounce later this winter, bullion managers and economists at four major Swiss banks say. Last week, it dropped below $330 for the first time in 2'/2 years before rebounding to hover
      Reuter  -  518 words
    • 352 12  -  By AMY BALAN QUEENSLAND, Australia's sunshine state, is r noving in a big way to woo the world's lenders. The state's officials are visiting the world's major financial centres after successfully launching a US$lOO million issue in the Eurodollar bond market last week. A
      352 words
    • 229 12 Reuter THE WIDE interest rate differential in favour of the US dollar continues to lead to a net capital outflow from West Germany, but the amounts involved do not make it necessary for the Bundesbank to react with higher rates. Bundesbank directorate member Claus
      Reuter  -  229 words
    • 189 12 Reuter AUSTRALIA has granted the Bank of China (BOC) a licence to open a branch office in Sydney early next year, the first foreign bank for about 40 years to be allowed to do so. BOC president Jin Deqin told
      Reuter  -  189 words
    • 209 12 NYT POLAND and its 17 Western government creditors, after meeting in Paris last week, are now within sight of an agreement to reschedule US$3 billion of unpaid 1982-84 debt, according to senior Polish finance officials. Poland has so far repaid Western governments nothing in
      NYT  -  209 words
    • 240 12 Reuter BANKERS TRUST Company is confident the Federal Reserve Board's study of its current methods of distributing commercial paper will show that the bank was complying with the law, a bank spokesman said. The Fed had earlier said Bankers Trust may have violated
      Reuter  -  240 words
    • 78 12 Reuter THE TOKYO Foreign Exchange Market Practice Committee wants to start bank to bank US dollar/yen direct dealing early next year but has not yet set a starting date. The financial daily Nihon Keizai Shim bun reported that dollar/yen direct dealing would start next
      Reuter  -  78 words
    • 44 12 THE BT INDEX, a measure of the average prime lending rate quoted by 12 major banks in Singapore, eased further to 9.6 per cent as the Oversea-Chinese Ranking Corporation lowered its prime rate by one-quarter point to 8.75 per cent yesterday.
      44 words
    • 414 12 Reuter THE US Federal Reserve was yesterday expected to add permanent reserves to the haniring system by offering to buy all maturities of Treasury bills (or its own account. Analysts in New York said the bill "pass", which could aid the markets,
      Reuter  -  414 words
  • MONEY AND EXCHANGES
    • Article, Illustration
      695 12 SINGAPORE: The US dollar extended earlier losses against most major currencies yesterday in moderate late trading. Its downward trend was attributed to commercial selling and some profit-tak-ing. The dollar fell to a late 3.0625/35 marks from an early 3.0610/30 and New York's 3.0630/50 close, and to 2.5345/60 Swiss
      695 words
    • 185 12 Interbank rates at 3pm Cmrrmmekm MhbImI win ShMmmAm VMS p0tt|f local Men to 0^ fS dofc* Storing pound Austrafcan dolor NZ dolor Conodkm dolor 2.1650 2 6228 ***** 1.0567 1 6405 2.1660 2.6262 1 8530 1 0587 1.6419 2.8196 7 3469 3 4286 3.4286 ***** -23.22 •64.30 •46
      185 words
    • 118 12 THE OVERNIGHT rate rose by 1/2-point from Tuesday to close at 5 pacent on the Singapore interbank money market yesterday. The one and two-month rates (ell by 1/16-potat each while the three-month rate remained unchanged. S$ interbonk rotes ot 3pm yesterday Offer M Ov«r«flht 5 4 7/8 1-month
      118 words
    • 52 12 THE Monetary Authority of Singapore has invited banks and discount houses to tender (or $220 million of 91-day Treasury bills to be issued at the option of the tenderer from Dec 10 to Dec 14. The tender closes on Dec 7. Each tender must not be for less
      52 words
    • 177 12 ASIAN dollar deposit rates cloaed steady at easier opening levels in quiet trading yesterday. Short-dates weakened between 3/16 and 3/8 point at the outset due to a lower US federal funds rate and later remained unchanged with overnight closing at 8-7/8 8-3/4 and week fixed at 8-15/16
      177 words
    • 356 12 BA Futures Inc yrvin.x Baredattar extended further gains yesterday after prices closed near the highs in Chicago. Buying by several institutions chased the March contract to the high of 90.24 before closing at 90.23. Eurodollar prices are therefore expected to trend higher but the resistance at 90.35 in the
      BA Futures Inc  -  356 words
    • 169 12 HONGKONG The metal closed slightly firmer yesterday. It closed at U*****.10/50 an ounce, the same as the previous close here but higher than the $329.75/330.25 finish in New York. Local gold finished at HKS3,OM a taMl, near the day's high but below the previous close of 13,096. Krugerr&nd lost
      169 words
  • Page 12 Advertisements
    • 182 12 NOTICES DIAMOND MARINE PTE LTD Official Notice: Proposal to Change Ship's Name We, Diamond Marine Pte Ltd, a Singaporean Company having our registered office at No.l Benoi Road, Singapore 2262 hereby give notice that in consequence of the purchase by us of the ship mentioned below we have applied to
      182 words
    • 182 12 EARLY BIRDS PTE LTD Official Notice: Proposal to Change Ship's Name We, Early Birds Pte Ltd, a Singaporean Company having our registered office at No. 1 Benoi Road, Singapore 2262 hereby give notice that in consequence of the purchase by us of the ship mentioned below we have applied to
      182 words
    • 181 12 MARINE GLORY PTE LTD Official Notice: Proposal to Change Ship's Name We, Marine Glory Pte Ltd, Singaporean Company having our registered office at No. 1 Benoi Road, Singapore 2262 hereby give notice that in consequence of the purchase by us of the ship mentioned below we have applied to the
      181 words

  • SHARE INFORMATION
    • 4283 13 THE SINGAPORE stock market continued to climb yesterday, raising hopes of a year-end rally. The BT Composite Index gained 8.63 points to 719.49 while the Straits Times Industrial Index rose by 7.10 points to 815.59. Volume was moderate at 13.12 million shares
      4,283 words
    • 155 13 SINGAPORE Rises Indices N ST 805 Kentucky Sport 430 F A C 50« 250 lata* 352 ICS 615 S.l.. t pr Dra4f 550 OCIC 910 DBS 605 Strait* Tr«t-, 488 far*. PW 388 Falls Qmi Ha 326 (LUSOt 240 SM Vw 238 M CaUa* 450 »«■!■> wf
      155 words
    • 3349 13 SECTION ONE INDUSTRIAL 3 COMMERCIAL Acmo (1 906 1.925) (10) (1 I.9OSETT (10) 192 2. Alcorn (1 28S)(2) 1.32(1) 1.33 M (1) 1.30 (1) 1.30 (3) I 29 (5) M 1.26(3) I.27SETT (1.298) (5) 3. 1.34(1)131(1)130(7)130 3. (9) 1.29 M AIM Owe (2.678 2.695) (11)
      3,349 words

  • COMPANY NEWS
    • 99 14 HONGKONG Hong Seng Index Australian Industrials Wednesday !25JL'5 Tuesday ,5512 Wednesday 1136.08 Tuesday 1127.40 Week ago 1095.0 NEW YORK Week age 1112.73 Dow Jones TOKYO Tuesday Monday Tokyo Dow Jones Week ago 1212.35 Wednesday *****.19 Standard ond Poors Tuesday *****.44 Tuesday '^338 Week ago 11 >84.12 Monday 162.82
      99 words
    • 229 14 Managers' prices Second B'putro Third B'putro Fourth B'putro 4 79 4 84 4 00 4 05 for Dec 6 4 32 4 37 Singapore Unit Trust Fifth B'putro Sixth B'putro 2 98 3.03 2 87 2 92 201 2.06 3 18 3 23 3 54 3 59 2
      229 words
    • 51 14 BRITISH aid Malayan Truteet limited: AGM at Broad Room of British and Malayan Trustees Limited, 17, Philip Street, #0W», Grand Building (0104) on Dec 6 at noon. SEAL Iaearparated Berkad: 22nd AGM at Site No 30, tasek Drive, Tasek Industrial Estate, Ipoh, Perak, Malaysia on Dec 20 at
      51 words
    • 2441 14  -  In German he it called the 'pope' of chartists. He prefers to describe himself as a man with special ideas. Adriaan Schrikker, a 58 year-old Dutchman, is a stubborn and sometimes obstinate chartist who noisily criticises the lack of conception among rival analysts. His three
      2,441 words
    • 432 15 i KUMPULAN GUTHRIE Sdn Bhd (KGSB) and Permodalan i Nasional Bhd (PNB) have stated that they will maintain the listing of Highlands and J Lowlands on the stock ex- change. This was disclosed in J KGSB's offer document to i
      432 words
    • 440 15 Bernama l INVESTORS continued to show strong interest in new public issues in spite of the current uncertain state of the Kuala v "Lumpur stock market. This was reflected by the over-subscription by 31.6 times I'.the public offer by Pilecon Engineering Bhd.
      Bernama  -  440 words
    • 340 15 ABN BANK has said that the issue price of the 300 million Dutch florin VA per cent bonds 1985 due 1991/1995 has been fixed at 99.50 per cent, giving a yield to maturity of 7.59 per cent. MPH INVESTMENTS (Singapore) Pte Ltd, a subsidiary of Jack ChU-MPH Lid,
      340 words
    • 150 15 Bernama DUNLOP Estates Berhad 1 (DEB), the plantations arm of the Multi-Purpose group, will I launch its new agro-manage- ment subsidiary on Sunday. The Melaka-based Dunlop i Agro-Management Sdn Bhd i (DASB), to be opened by Multi- 1 Purpose Holdings Berhad's (MPHB) executive chairman, Datuk Lee
      Bernama  -  150 words
    • 422 15  -  By AMY CHEOK STOCKBROKERS have been asked to freeze trading in shares on behalf of Chop Hoo Thye, the sole proprietorship which owes more than $80 million to several banks. Local and foreign stockbroking firms in Singapore were notified of the
      422 words
    • 161 15 LATEST official figures from the Stock Exchange of Singapore show that total turnover of units of stocks and shares on the SES for the year from January through to end-October is nearly 26 per cent lower than that in the same period last year.
      161 words
    • 821 15 mm By HOCK LOCK SIEW IT ALL STARTED with sports ping-pong to be exact. Then a flurry of diplomatic and trade exchanges with capitalist governments followed as China decided to open its doors to the outside world. Not long after, realising the need to attract foreign
      By HOCK LOCK SIEW  -  821 words
    • 980 15 SHARE PRICES were marked lower at the outset continuing Tuesday's lower trend which reflected lack of interest, dealers said. The FTSE 100 at 0945 GMT was down 6.1 at 1477.7. Government bonds gained up to 5/16 point helped by the strength of sterling. Dealers said cash released after
      980 words
  • RAW MATERIALS
    • 150 14 Chines* Produce Robusto 20/25% FOB NSW 492 50 Exchange cos on Dec Nutmeg (SoNon' noon dosing pri 110 FOB NSW 438.00 5. SJ/100 kg) B W FOB NSW 281.00 Coconut oil Gombier Butt FOB 180.00 FOB NSW 305.00 OW drum FOB 193.00 Now drum FOB 197.00 London Commodity
      150 words
    • 219 14 Singapore Hongkong (S$/Mo, ei-godown) (HK$/piciil, ex-godown) Thoi white Thai fragrant 100% 1st doss 100% new crop, (kangaroo) new crop 100% 2nd doss 0.96 0.70 1st class 2nd class 3rd doss unq unq unq 100% 3rd class 0.70 100% old crop, 25% new crop No stock 1st class unq B-10%
      219 words
    • 187 14 SINGAPORE The market closed higher yesterday with December One RSS buyers quoted at 174.25 cents per kg, up two cents from Tuesday. The morning session gained one cent on light covering interest. Trading was quiet due to the closure of the Malaysian market. Prices hovered around lunch-time levels in
      187 words
    • 4 14 TIN KL Tin Closed
      4 words
    • 108 14 AFP RUSSIA may eventually export wheat and other grains. Even when the cereals crop was low, the Soviet Union produced enough grain to feed its population. Imports were for animal feed, as there was "little scope" for growing highquality corn and soybeans. Three-quarters of the territory
      AFP  -  108 words
    • 231 14 RAS prices s c «wk.io. fob «botes) NOON CLOSE n UUn Int 1 RSS Prompt suytn 171 25 172 25 172.50 173 50 Int 1 RSS Dec 84 173 25 173 75 174 25 174 75 Int 1 RSS Jan 85 176.00 176.50 176 75 177.00 Int
      231 words
    • 133 14 SOYBEAN futures on the Chicago Board of Trade eased throughout Tuesday after opening slightly higher, and prices closed four cents to V 4 US cent per bushel lower in moderately light trade. January posted a 6'/4 cent range on the day. Weakness in nearby months of soyoil prompted sympathetic
      133 words
    • 159 14 Yarn (In HK$ per bote of 400 lb) Shirting Hongkong Golden Peak, 60 x 60 116 50 115 50 China carded yarn, cones Blue Phoenix 16's 3,100 Blue Phoenix 20's 3,200 Blue Phoenix 32's 3,780 Blue Phoenix 40's 3,950 Carded yarn, hank Blue Phoenix 21's 3,450 Combed yarn, cones
      159 words
    • 28 14 LONDON USS/tonn* (nHm' Sumatra 5% Dcc 595 OOsIr Jon 595 00* Feb 595 OOsk ROTTERDAM USV/tMMM Wbn Sumatra/M'sia doling pricti) Max 5 Nov/ Dec 595 OOsk
      28 words
    • 1152 14 COFFEE Robusta futures ended a subdued featureless morning session yesterday with losses from the previous close of £14 to £2. January finished at £2,318, down £14. The market was expected to open around £5 firmer and January reached an early high at £2,342, up £10, <m follow-through buying
      1,152 words
    • 233 14 WHEAT futures on the Chicago Board of Trade traded in a narrow range on Tuesday, closing unchanged in old crop to up V« US cent per bushel in new crop. A sell-off in the US dollar and the outlook for moderately active tender business this week offset the bearish
      233 words

  • Page 15 Advertisements
    • 76 15 NOTICE To the holders of the following rate U.S. Dollar Certificates of deposit due June 8,1987 of: A The MitsubisN Bank, Limited. DB S. Building, 6 Shenton Wey. Sinaeporeolo6. We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the interest period beginning on
      76 words

  • 617 16  -  Good times for temporary employment agencies end By CHUANG PECK MING THE GOOD YEARS for temporary employment agencies have ended. Demand for temporary services of clerical and office workers by companies is now on the downturn. Agencies BT contacted reported a 10 to 25
    617 words
  • 385 16  -  By YAP BOH HOON MINUTES after taking off from Singapore, a China Airlines A3OO Airbus made an emergency landing at Changi Airport yesterday. All 231 passengers on flight CI 820, bound for Bangkok and Hongkong, escaped safely, although some suffered minor abrasions when
    385 words
  • 134 16 UPI FRANCE has sold at least 2,600 Exocet sea-skimming missiles around the world, including about 200 to the Middle East. Jane's Defence Weekly said yesterday that four of the six Gulf Cooperation Council (GCC) states Bahrain, Oman, Qatar and the United Arab
    UPI  -  134 words
  • 349 16 AFP THREE PROMINENT Filipinos said yesterday that they are trying to unify the opposition in order to find a single presidential candidate because President Ferdinand Marcos may not finish his term ending 1967. "We have initiated efforts towards the formulation of a
    AFP  -  349 words
  • 359 16  -  By FOO CHOY PENG TWELVE centres are available to candidates to file their nomination papers on Wednesday for the Dec 22 elections. A Government Gazette yesterday named Anderson Junior College, Baharuddin Vocational Institute, Jin Tai Secondary School, Ping Yi Secondary School, Raffles
    359 words
  • 453 16 THE SINGAPORE Democratic Party has been refused permission to hold a public meeting and a public forum. In a statement yesterday, the SDP said its applications for licences for the two events scheduled for Dec 7 and 11 were rejected by the
    453 words
  • 172 16 AN AMERICAN trade official has warned that goods currently exempt from US import duty may become liable to duty, if they come from countries which give too much protection to their own markets. Changes in the Generalised System of
    172 words
  • 41 16 IN OUR story on the Salk Institute yesterday, the picture we carried was that of its president and chief executive, Dr Fredric de Hoffmann. We had erroneously identified him as Nobel laureate Dr Francis Crick. The error is regretted.
    41 words
  • 139 16 AP CHINA-US trade volume reached US$4.4 billion in the first nine months of 1984, a 41 per cent increase over the same period last year, but the American trade deficit grew by 44 per cent. The US Embassy in Beijing said yesterday that by the
    AP  -  139 words
  • 61 16 WALL STREET stock prices were lower in early trading yesterday as the market experienced some weakness following Tuesday's rise. The Dow Jones Industrial Average, which moved higher at the opening bell, was down 1 >/« to under 1184. Overall, losers held a slight lead over gainers. Volume
    61 words
  • LATE FILE
    • 51 16 AFP MILITARY spending next year by the rich nations will outstrip the total income of the poorest half of mankind. World Bank president AW Clausen said in Washington yesterday that military spending by rich nations will, for the first time, reach US$l,OOO billion in
      AFP  -  51 words
    • 48 16 Reuter THE UNITED NATIONS has set up a new agency in Rome for research into the use of small energy resources in the Third World. The agency will study the use of all energy resources in rural areas of the Third World. Reuter
      Reuter  -  48 words
    • 59 16 AFP THE BRITISH Trades Union Congress (TUC) Is expected to turn down a new mobilisation call from the miners' union, the NUM, today. Union sources said the TUC will probably tell the NUM that it is not prepared to defy the law but
      AFP  -  59 words
    • 52 16 AFP SPAIN and Portugal may yet stay out of the EEC, officials said yesterday after the summit meeting of the 10 existing EEC members in Dublin. They said the two countries might find the measures devised by the p-Hgting members to safeguard their economies too hard to
      AFP  -  52 words
    • 32 16 Reuter INDIA'S ruling Congress (I) Party yesterday announced its manifesto for the Dec 24 election telling voters its reelection was the country's only hope of avoiding disintegration. Renter
      Reuter  -  32 words
    • 41 16 UPI FOREIGN car makers claimed a 25 per cent share of the US market during November, a modest increase from a 24.1 per cent share in November 1983, according to sales figures released on Monday. UPI
      UPI  -  41 words
    • 45 16 AP CHINA and the US are discussing the possibility of an agreement to permit Chinese boats to fish in US waters. Under such an agreement, China would have to contribute to the development of the US fishery industry, possibly through joint ventures.
      AP  -  45 words
  • Page 16 Advertisements
    • 49 16 The most important conference for aH Professionals and Executives -<=a\o^ K l. PBO' -«vA* ,H6 sS .cf 6^ 500 cpe»* AdVOC> W 1» a R K Ta> sc o- c ™es til**! 9 -M HSO^ 1»*S V IJ, Ta° a s SO" 01 p, M*" 11 issess s jeSsS"*- <?%*>
      49 words
  • Page 16 Miscellaneous
    • 50 16 Outlook for today: Cloudy; showers in several oreos. Report for 24 hours prior to 7.30pm on Dec 5 at the airport: Maximum temperature 30.8 Associated humidity 72 Minimum temperature 24.6 Associated humidity 95 Hours of sunshine 3.25 Rainfall in millimetres 1.5 Rainfall this month 4.5 Rainy days this month 2
      50 words

  • SHIPPING TIMES
    • 345 17 WESTERN maritime nations' preparedness for a bitter shipping war with the fleets of Soviet bloc and some lesser developed nations took a stride forward. The Italian cabinet has approved a new draft law arming the country with tit-for-tat powers against
      345 words
    • 439 17  -  By LINDA CHEE MEMBERS of the Malaysia Pacific Rate Agreement (MPRA) and the Straits-New York Conference (Snycon) are expected to file rate increases similar to conferences moving out of Taiwan and Hongkong to the United States. The Trans-Pacific Freight Conference (moving to the US
      439 words
    • 654 17 m»>hnu— Cat Afao Ahrankiai Linar Alpha trans APC Lina APL ASCL Asiabrokar Austasao Lina Balt-Oriant Bangkok Cont Bank Lina B8S Ban Lina Blua Star Bcrmo Fiva Star Camaroon Shpg CC Lina CCM CaytonShpg Chargaurs Raurw Chargaurs Ho*raiia China Nov China Ocaan Cnan Combo Lina Convoy Cormorant Djakarta
      654 words
    • PORTSIDES
      • 97 17 LINES serving the southbound trade between the US and Australasia are phasing in rate increases amid protests by shippers. Both conference and independent carriers are increasing rates by comparable amounts US$3OO per TEU, $500 per FEU and an average of $10 per measurement ton. The two southbound conferences
        97 words
      • 97 17 A REPORT, commissioned by the Norwegian Seamens' Union, concludes that the Norwegian authorities have no clear picture of Norwegian shipping companies' interests abroad, and therefore, no clear idea of how much tax the companies' activities should bring into the Norwegian treasury. The report also says that Norwegian seamen
        97 words
    • 1045 18 Lloyd's List A NEW port is to be built in Saudi Arabia, according to Dr Fayez Badr, president of the government's Saudi Ports Authority. It will be built at Dhuba on the kingdom's northern Red Sea caost where there is a small
      Lloyd's List  -  1,045 words
    • 341 18 AMERICAN President Lines has dedicated a new, exclusive-use container terminal at the Port of Yokohama. It has also announced that it will expand its activity at the port. APL president Bruce Seaton said that as from early next year, APL will increase its calls at Yokohama
      341 words
    • 151 18 Reuter ARCHAEOLOGISTS said the world's oldest ship wreck, a 3,400-year-old bronze age trading vessel, has been discovered and could prove a key to understanding early marine history in the Mediterranean. George Bass, leader of an American-Turkish team which found the wreck off Cape Ulu Burun in
      Reuter  -  151 words
    • 39 18 SWEDISH Atlanticargo will add a fourth vessel, the Star Ewia, to its Europe/US service early next year. The Japanese-built vessel is a sister ship of the 1,300-TEU Star Eagle which is already operating in the service.
      39 words
    • 1055 18 ALGERIA Algiers Nov 15th. About 1-2 days delays. Bejaia Oct 14. Three vessels waiting. Skikda Oct 14. Five vessels waiting. ANGOLA Luanda Oct 23rd. 4-5 days. 4 vessels anchored. Lobito 1-2 days. ARGENTINA Buenos Aires Nov 20th. No delays. Working well. Necochea Nov 20th. No delays 1 vessel
      1,055 words
    • 1448 18 FREIGHT chartering proved to be rather slow on Tuesday and of a miscellaneous nature, revealing no significant change in prevailing rate patterns. US Gulf fixing included MBK's payment of an unchanged U5515.75 (fio) to a Japanese vessel working 52,000 tons to Japan in early January. Continental, meanwhile, worked
      1,448 words
    • 197 19 AUSTRALIAN shipbuilder Carrington Slipways Pty Ltd of Newcastle, is close to signing a contract to build 11 navaid ships for the Indonesian government. They will cost about ASSO million after an aid grant of $13.6 million from the Australian Foreign Affairs Department. Carrington said their
      197 words
    • 357 19  -  By Kingsley Wood THERE was no reason 1 why seamen from Third i World countries should not < sail under the flags of their i own nations instead of flags of convenience, Inter- nationl Transport Workers' i Federation (ITF) executive i
      357 words
    • 103 19 TWO senior officers from the Port Kelang Authority have 'left for Antwerp in Belgium on a nine-month specialised shipping course. Encik Malik Haji Hashim of the Commercial Department and Mr Ong Lai Kian of the Control Section will, among other things, study container terminal management and the
      103 words
    • 191 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.
      191 words
    • 280 19 Reuter A CRIPPLED Cypriot supertanker, the latest and probably the largest victim of the Gulf war attacks on shipping, is being towed by tugs away from the Iraqiimposed war zone round Iran's Kharg Island oil terminal. Shipping sources said they expect tugs
      Reuter  -  280 words
    • 488 20 Dec 2-7 Bth congress of the International Maritime Pilot's Association, Sheraton Hong Kong Hotel, Hong Kong. Dec 4 Conference on future electric propulsion for the marine and offshore industries, 76 Mark Lane, London EC3. Dec 4-€ sth container technology conference and exhibition, Rainbow Suite, Kensington exhibition Centre, London.
      488 words
    • 4604 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.
      4,604 words
    • 656 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrivnl for LCL movement Ship Voy date/time Operator cargo schedule Location E Humanity Monte Ruby Sophie Ricks Glauchau E Pioneer E Gentry 043WB 24B L32W 9/84 105E 002RW 7.12.84 7.12 84 7.1284 7.12 84 7.1284 7.1284 0200 0700
      656 words
    • 1787 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S) Afrs-EarasU Liar Transgroup (S). Akrrakiel Uaer Service Kim Shpg (S) Alfred C Taepfer Oceanus Shipping Agen cies (S) Marinte* Enterprise (PK). Alpar Intrasea (Si Bintang Shpg (KL) Island Cargo
      1,787 words
    • 402 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Arrow King 46 Bakke Sime alongside 6.12.84/0600 Builder III 22 Thong Soon alongside 6.12.84/0700 Ned Baltimore 44 Ned-EAC alongside 6.12.84/1200 Ninhco 23/4 APL alongside 6.12.84/1500 Agostinho Neto 47 S'pore Sov 6.12.84/2300 7.12.84/0900 Donam No 6 23/4 NAPL
      402 words
  • Page 17 Advertisements
    • 366 17 HEUNG-A SHIPPING Korea Flag Vsts Regular Liner Semi-Container Service To: P. Kebnf/Pefunc/Banfkok/Keelunf/ Busan/Inchon Fm: Busan/Moji/H. Konf S pore Afent: Neptune Agencies he Ltd Tel: 275W77 P.K. *****4. PN *****5 K.L. 4143*0 S -'AKDINK AM'AII I OIQENT OVEIQEAS QottLimt LINE FULLY CONTAINERISED SERVICE ohrx am «zw KQKJW OMNCt JVH I* CONTWO
      366 words
    • 198 17 mm PORT Conditions CONSORTIA LONDON Freights SHIPPING Evonts REGIONAL Woathor SHIPPING Schsdulo CONTAINER Schsdulss WHO Acts for Whom SHIPS In Port UNITED ARAB SHIPPING CO (SAG) SEAIORD SHIPPING AGENCIES JOShnnlon M 02C S.-ignpore 020 Te 220S<»<«t 'el No CFS oltire IPC 03 30 Tel 2223 m and *****32 T.rminiloH.fitTPC 03
      198 words
    • 534 17 'M Foreign Exchange Dealings TIMES BOOKS MTERNATIONAL Tmes Centre 1 New Indus** Roed| Spore 1953 Ttfc *****44 AmemtWO««h* tim®j (ygantdxy 556.50 Each MAERSK LINE LUJ iV'ii T AFRICA ASIA V i!> PJCUn, P.«n« 13-13/12 14-15/12 27-27/12 21-29/12 B"pore I Awerp I L "Havre I Rdta 21/12 «/l 3/1 21/1 «/l
      534 words

  • Page 18 Advertisements
    • 247 18 FAR EAST/EUROPE CONTAINER SERVICE To Enroot From Europe tt.. r MM RMpif rim 1) Matmo Stockholm Oslo. Httamlu. 2) Copenhagen Aarhus 3) Bremen. 4) Antwerp Amsterdam UK. 5) Basle Bordeatu Also accepting intermediate cargo to Hongkong I Japan t Korea *ovact Can P Mat* Mm Accepltag Fer 1) Barcelona. Genoa.
      247 words
    • 401 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES m ace fimi ACE GUST US Acctph FCI ha. Afgfcamtan. E. 6—y. Betpum. a fc-J w 1 rhmtaii .Lj. H( nuRUfU, nig ana, nwoc tufosuvii, iztcnoswxii, w. i Malaysian Bkf Awnta: Anfto-French Tradnj (M) Sdn Bhd Pan Asia Link ltd. CONTAINER SERVICE TO/FROM JAPAN
      401 words

  • Page 19 Advertisements
    • 721 19 WBHSR The Straits Steamship Group fTi/—/ Mansfield Container Shipping Re Ltd QCL Overseas Containers Limited a STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAMOSHP SfRWCF TO/FROM BANGKOK CONTAINERSHIP SERVICE TO UK CONTINENT i: i :i !HihLi_a nJkLliallELiiL'j CONTAINERSHIP SERVICE FROM UK/CONTINENT 'Ij.' Mi ill ill ill ill
      721 words
    • 639 19 Franco Belgian Services \F+r fdi. AfVk \4rw.4 u-v»H Br w ~uin Far tn*« mi cqmtmnp sotwa to ehqpe icttuk atrsTM. seven sas ma KOREAN JACEJM STORE P KElANGleHar»e litem f»WN Han 9 Dec 11 Dk 30 Dec llai 3 tan 5 Jan It D« II Dk 7 ten 23 Dk
      639 words

  • Page 20 Advertisements
    • 553 20 I&.&LINE MOHfk o**nag r >o*_. FULLY CONTAINERISED SERV'CE TO EUROPf VIA SUEZ Member ot the Ace ComorturKPTUt CHYSTAi. 27* 9/ MtfTERIMCX 4N 16/ SEVEN SEAS BtOGE 48* 23/ KOREAN MCEJW 27* 30/ TRANSNOXID BUDGE 23* 6 AISO LOAOMG FOR BREMERHAVEN Spore PKcianf IcHawe R'dan Fitow* K'burj Anhmp 9/12 11/12 30/12
      553 words
    • 242 20 THONG SOON i AGENCIES PTE. LTD. *09-07. ROB IN A HOUSE S PORE 0106 TEL *****88 TELEX RS ***** BOOKING *****56 (DIRECT LINEI SIN6APORE Ta PENANG ETA KM SOON U 10 Dec 17 Dec -ETD DESTHATION 12 Dec Penang 19 Dec Penang SINGAPORE TO KUCWN6 •EQUATOR! 17 Dec •EQUATOR I*
      242 words
    • 533 20 f. U Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriafe to Scandmavia, Med. Carribean IS. America Inland Katiafe to Mand destinations in Europe Fa«*r p. Hantaf Eipr«J 4/12 »/U 1 Mwa Mm 14/12 14/12 MR lime Oakland U>m Bead) Tacama 21/12 1/1 11/1 13/1 21/12 1/1 10/1 11/1 21/12 22/12 «n« Eiprns
      533 words
    • 685 20 o EVERGREEN 1 fu// Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W.MED/FE) J EVER HUMANTY 14/17 ALSO ACCEPTMG CARGO TO 1) PROVOENCE NNARK SAVAIMAH BOSTON PHLADELPHA NOMTOLK IACKSONVR.LE MLMMGTON ETC 3) CRISTOBAL BALBOA PANAMA CITY. COLON SAM MAN SANTO DORMGO i mm* «<— Z£Z m mm Round-The-World West Bound Service (FE/W.MED./EURO/USEC/CARIB/FE)
      685 words
    • 179 20 Y« as I NOSE MARITIME PTE LTD m RAN EJTEHAO RAN ABM) PORT KELANC PENANG ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Soifapore Lo«fin| tar 7/12 B. Abtoas. B Khomen SMOSE MARITIME PTE ITO TEL ******4/7 ft *****70 MALOSE MARITIME SON BHO Tel *****2/3 MALAYSIA TRADE ft TRANSPORT LTD
      179 words

  • Page 21 Advertisements
    • 899 21 VESSEL KOTA SEQAR KOTA WMAMA KOTA AS AIM KOTA WARUNA KOTA WISATA KOTA MEQAH V\v VOYAOE SINGAH E-537 12-15/12 W-431 19-22/12 E-538 25-21/12 E-541 10-12/1 E-543 15-15/1 E-545 21-25/1 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 SINGAPORE LOADING FOB: 12-15/12 JCDOAN, ADEN, IE IRA,
      899 words
    • 591 21 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE OMR FtOM EUROPE HUM BHAVEH IIMM HAVRE UX ImM [qmi SjM W SjM SjM SjM ltato| Uprtn SM bM SjM SjM sium PKELMKSTOH fOi 9/12 H. I*. 7/12 1/12 NU.U 11/12 W. a 14/12 u/12 mc. n 17/12 ML IK. 21/12 22/12
      591 words
    • 601 21 DJAKARTA LLOYD INDONFSIAN NATIONAL LINT Far East S'oore Service FuM Containef Vessel. BUM* IMM MI (MM«| HnffcMtS p«f T|PriM (M). >MfT f.IS HB a/U a/U 1/12 4/12 S/12 11/12 iVIS M 14/12 11/12 a/12 21/12 a/12 a/12 Spar* f fam I'te/ManTWr/l# I ULLWT VMM 21/12 27/12 17/1/B U/l/B 21/1/15 22/1/15
      601 words
    • 371 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPINC CORPORATION (Burmese National Line) Loadnf for Ranfoon Iwshwegyawywa V 247 8/10 Dec Ayomoywo VB4W 7/14 Dec Itoneywa Vl9B 20/21 Dcc 'inyo 6/10 Dec Discharge Only P.Kelong Penong 5/6 Dec \> BANK LINE EXPRESS VOEPENDENT SERVICE TO UK/CONT CLYDEBANK FORTHBANK SPORE R'DAM HULL HMBG
      371 words

  • Page 22 Advertisements
    • 1172 22 ft. ECUADOR/PERU/CHILE FEEDER VSI MOItCII VSI SPORE PRIG PN KANSAI PIONEER Ml A VESSEL 2« Dec 29 Dec J1 CENTRAL AMERICA/CARIBBEAN SEA K LINI —KAWASAKI KISEN KAISHA. LTD. y»o(tt r«ie PNG STOW KOBE GUAYAGUI CAILAO ARtCA K)UQ« AFAGASTA S ANTOHO VALPARAISO 2» Dec »Dk 31 Dec 2 lan 25 lan
      1,172 words
    • 636 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE tortini tor tOS ANGELES SAN FRANCISCO SEAITIf. TACOMA VANCOUVER BC Acceptin* FCL/FCL Containers P Retain Swn I Anjeles BHARATEW 9 Dk M/II Ot< J tan AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers VtSHV* NANDN 17 18 Dec 19 70 Dec 77 Ok 3
      636 words
    • 531 22 »S/UVAU ASUH LdM* FROtl JAPANESE POATS AMD HONOKOMG 1. TOMOCO 2 TRtSAKTI 3 FUKUZAKI MAW 4 PALMSTAR VWGO 5 HOSHO MAWI 6 SUNNY SKY 7 EDO MARU SnfJpore P KeUnf ki Pt/6 Dec In ft/7 Dec 1/10 Dec 11/12 Dec 12/14 Dec 15/16 Dec 15/17 Dec 11/19 Dec 11/29 Dec
      531 words
    • 503 22 10 Anson RcMd »27 16 Internationa' P Stnqapore 0207 Tel *****1 1 <10 L• nesi o BREAKBULK SERVICE TO EUROPE/UK II S parc P. Keian(Loatfr< lerTHOR ISLAND 15/12 SHE/LA PALLJCE/CAEM/ROTT SIM VICTORIA *****1S 11/12 21/12 ROTT/ANT/U.K (AVON) fsA SEAWOOD SHIPPING CORPORATION S pore PKetang loadn( lor: MASASHNA MARtJ Salad Jeddati
      503 words

  • Page 23 Advertisements
    • 505 23 TO EUROPE/UK (VIA SUEZ): MAETERLHCK 4W. S.S. BRDGE 4«*L K JACEJM 27W—TV BRDGE 23W 0 CHEF 42W Also accepting cargo to/from Scandinavia N. CRYSTAL S pore Closing Times. FCL Cargo 0400 9/12 LCL Cargo 1600 8/12 TO AND FROM AUSTRALIA: TO/FROM NORTH AMERICA PACFIC COAST EXPORT Also accept** carp) to
      505 words
    • 502 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON Kfl MCHON BUSJM 20/12 74/12 VI 12/1 IVI 21/1 WPHim AGINCKS Pit 110 If I *****/7 'BS4 (4 i Hontm|s i ???/SlO ??l?07? Operations I ??09?M i l»rni«njl I .vo.Msn ;?o?so4 r.» s > Mi. »»MI
      502 words
    • 578 23 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SVtSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** f KELANG PBNR M/S SMAMKAT MM SOON SOU WD. IST ANO 2ND FLOOR. MESSRS HM THONG SHTPBK ?3 *Wd
      578 words
    • 108 23 DURBAN JOHANNESBURG. MAPUTO. MAURITIUS A RFUNION WESTBOUND LADY DONA 24W DURBAN E LDN 26 1 85 wmawiwiMi etd etd eta UifilfciSiSikUfl R BAY DURBAN SIN EASTERN HARMONY 15.12 84 21 12 84 71 85 Agents: Kiiifi Shipping Trading Pte Ltd 63 Market Street *08-11 Tat Lee B»dg S pore 0104
      108 words

  • Page 24 Advertisements
    • 275 24 IC«'<|i»iial r.ontiiiiicr Lilies 3 Sailm 9® Weekly lU3[!|| I Reliable Regular Punctual Berthing PSA 1500 Hr». Tues, Thurs A Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA VOT SJN SKU BKK PKT »l« RATANA BHUM 304/259 SaM tatt/H* RATANA BHUM 260/305 9/10 DK 12/15 Dtc HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINERI
      275 words
    • 43 24 /?)FARGO SHtPPmC COMPANY (PTE.)LTD EXPRESS CONTAINER SEKVICF SINGAPORE/BANGKOK EVERY 2 DAYS Accqittni Mk FCL and LCI: LCI Carpm pacfctd at private CfS Wm Imtm. *m SOWBUU MM fHKET i'B Kpppel Road 17 07 Taniong Pagar Complpi Singapore 0208 TH *****77 *****88 A. *****52
      43 words
  • Page 24 Miscellaneous
    • 166 24 r§ Regional Weather 1U !>> m V.V i. *v--5*5 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. LEGEND: PT. t T emperoture V A\ Ihunderstorm Weather V Wind direction with speed mknots V Shower C Rom Wove height O Cloudy Sky Surface winds ore indicated by orrows whic+i
      166 words

  • Page 25 Advertisements
    • 32 25 °"«T ~~LIC()I!NF. M*** ES3H Kim SEALKM SHPWG (S) TTE LTD. SALES/BOOKINGS TEL *****11 (I L*S) HALMA (CALCUTTA) I MADRAS I COLOMBO BOMBAY* l KARACHI 2/12 9/12 7/1 9/1 12/1 8/2 11/2 13/2
      32 words
    • 185 25 Scan Dutch 9 To Europe (Med UK NC Scan) MOTHER VESSEL To Red Sea/ Mediterranean BEIRUT UMASSOL PIRAEUS CASABLANCA SINGAPORE P. KELANG Anson tnPort Anson 2/1 B Ketnuoing 7/12 B Kemumng 4/1 N Vm Nooft N Van Dwmen From Europe i MOTHE VESSEI n N Detwna Also Accepting To (I)
      185 words

  • Page 26 Advertisements
    • 206 26 Available 2000 DWT barge Indonesian Flag Bit. 1977 Loading: S'pore on 9th Dec. for any Indonesian Port/s except Sumatra Contact: Mrs Chua/Bee Tel: *****4 (7 fines) WORLD LINE i»',- 'M i. l I'.va'.'J'.ai ■.-n .-mn.i.'if »i SO ACCEPTING CARGO TO PORT KELANG urrcf i c S P0« t ttUfIG GOIDOI
      206 words
    • 336 26 Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER ALTAI MARU MORNING GRACE ASTRA PEAK GRETKE OLDENDOLF 6 Dec Mombasa. Daressalaam. Tanga Zanzibar. Nacala. Betra. Tamatave 16 Dec Mombasa. Daressalaam 26 Dec Port Louis, Reunion 2 Jan'BsMombasa. Daressalaam AFRICA'S r— NO ij EARNEST VENTURE 9 Dec Abidjan, Monrovia, Lome, Apapa. Douala, Tema ANDES
      336 words