The Business Times, 18 December 1984

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, DECEMBER 18, IM4 60 CENTS
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  • 715 1 Dark clouds are gathering on economic horizon ELECTION 1984 STARK REALITY was thrown into the election melting pot last night. Dark clouds loom on the horizon and voters must get it straight in their minds which party they feel can best see Singapore through to
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  • 108 1 SINGAPORE AIRLINES plans to introduce automated issuing of tickets to travel agents next year. Automated ticketing is now available only in SIA offices in Singapore. The airline plans to introduce automated ticketing to all its offices worldwide. The ticket printer used in automated ticketing
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  • 87 1 IN THE FIRST half of its fiscal year 1984/85, Singapore Airlines carried 2.5 million passengers or equal to the entire population of the Singapore. The number of passengers carried between April and September 1984 saw an increase of 163,000 persons. This was 6.6 per cent more
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  • 163 1 THE OLD magnetism is still there. Without raising an eyebrow Prime Minister Lee came close to stealing Dhanabalan's thunder at Potong Pasir last night. Accompanied by Mr Chin Harn Tong, the PAP candidate who has a walkover in Aljunied, Mr Lee wanted to get
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  • Article, Illustration
    69 1 TOTAL timver in the Singapore stock market shrank to a 24-maath lew yesterday after a pawer fail are saspended trading far abaat M minutes la the maniing. Tradiag valame was IM miilian aaita wartk $8.14 miltiod cam pared with 7JS million aalts wartfc 115.C8 miliiaa last Friday. The
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  • 508 1  -  By LEE HAN SHIH MOTORISTS driving past the Padang towards Shenton Way in the 1990s may have to go underwater for a short stretch before reaching Collyer Quay. A new tunnel, likely to be under the mouth of the Singapore River, may replace
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  • 143 1 Reuter GOLD FELL below US$32O an ounce in Zurich yesterday, its lowest level in almost IV* years, and traders said it could fall even further because of an almost total lack of investor interest. After falling in New York last Friday and
    Reuter  -  143 words
  • 149 1 UPI FOREIGN capitalists owning and running businesses in China are promoting the country's modernisation and should not be opposed, the official Chinese press said yesterday. The Dec 17 issue of the official magazine Beijing Review called for "safeguarding capitalists' interests" in China's special economic
    UPI  -  149 words
  • Page 1 Advertisements
    • 84 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Anchor tenant of now torminal Bock page KOHLER styles that finishing touch into the beauty of your home l ro\ui vmll liorrn 1 uith Kohlor i hoii e of t.nu ot st cine! fitting f torn hold modern designs to of o!i) world h.irm
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    • 334 1 Fullerton line-up PRIME MINISTER Lee Kuan Yew and BrigadierGeneral (Res) Lee Hsien Loong will be among speakers at a lunch-time rally at Fullerton Square tomorrow, said the People's Action Party organising secretary Goh Chok Tong last night. Mora reports on Pago 3 mm ,T W «LL NOT be o very
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    • 33 1 I kJkl! L»AM m m i rn THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Full report, Pag* 15. Asian stocks, Pago 13 International stocks, Paga 12 "What does KLM mean in English?" "Reliabilityin any language."
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  • HOME NEWS
    • 451 2  -  By JEFFREY TSANG IT WILL NOT be a very merry Christmas this year for vendors of home computers as they brace themselves for a drop in sales which might be as much as 30 per cent below last Christmas'. "1983 sales were at a
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    • 64 2 A TEAM OF officers from the Metropolitan Waterworks Authority in Thailand will visit the facilities of the Public Utilities Board (PUB) today and tommorrow. The 15-member team will today visit the PUB's finance department, computer services division and consumer services branch. Tommorrow, it will
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    • 43 2 BARBEQUE PERMITS, currently available from Parks Recreation Department at the National Development Building, will be available from the office at Botanic Gardens with effect from Jan 2. The permits are issued during office hours and cost $5 each.
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    • 209 2  -  By YAP BOH HOON OFFICIALS of a major French office equipment trade fair are keen to obtain local participation in their shows next year. The trade fair Sicob, which stands for international trade show for data processing, telematics communications and office
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    • 133 2 AN EXHIBITION and conference on the use of computers to design, manufacture and test electronic products will be held next year. CADMAT Asia '85, a threeday exhibition from July 9-11 at the Mandarin Hotel, will feature computerised systems used in the production of electronic components, such as
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    • 211 2 THE THREE hotel chains at Marina Square are spending $500,000 in a joint effort to market the complex. With the glut in hotel rooms, the Pan Pacific, Oriental Singapore and the Marina Mandarin have also set up a steering committee to
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    • 50 2 D'ALMEIDA STREET will be closed from tomorrow to Jan 31 next year. This is to facilitate the construction of the MRT works at Raffles Place station. Motorists going to Malacca Street can use Church Street and Market Street. The MRT Corporation regrets any inconvenience caused.
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    • 352 2  -  By LISA LEE TWO GOVERNMENT agencies recently awarded a total of $15.4 million worth of contracts. The Housing and Development Board awarded $9.2 million to 12 contractors while Jurong Town Corporation awarded $6.2 million for three separate contracts. HDB's contracts were mainly for
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    • 257 2 EXPATRIATE WOMEN are showing the way to charity. The women's committee of the Japanese Association of Singapore is among the latest to donate to the Community Chest of Singapore. Mrs H Hashimoto, wife of the Japanese ambassador, yesterday presented a cheque for
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    • 131 2 THE MAN credited with much of the development of Malaysia Singapore Airlines, the forerunner of Singapore Airlines, Mr Keith Hamilton, died suddenly in Sydney during the weekend. Mr Hamilton was 56. He is believed to have died of a heart attack. He was chief
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    • 348 3 BARISAN SOSIALLS leader Dr Lee Siew Choh last night criticised the government for trying to act as matchmaker for graduates and undergraduates. Maintaining that marriage is a personal affair, the candidate for Boon Teck said that it was not surprising that the Social
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    • 93 3 THE Singapore United Front is "leading all the way" in Chai Chee and Kaki Bukit and that's official. The SUF rally compere last night at Chai Chee Avenue told a crowd of about 3,000, including watchers from the nearby blocks of flats, that the
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    • 98 3 THE PHASING out of Singapore's pig farms has been brought into the election campaign by Mr J B Jeyaretnam, leader of the Worker's Party. At Lim Chu Kang last night, he accused the government of not providing adequate compensation for those affected by the decision
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    • 91 3 THE SINGAPORE Democratic Party last night invited Prime Minister Lee Kuan Yew to attend one of its rallies "if he really wants to feel the ground". Mr Rahim Vallibhoy, a central executive member, said a visit by Mr Lee might
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    • 583 3 Dhana, Teng Cheong give support at Potong Pasir rally ELECTION 1984 GIVING all the signs of having inherited the fighting spirit of the original PAP, one of its new candidates went into battle last night against Mr Chiam See Tong, leader of the
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    • 228 3 THE PEOPLE'S Action Party's track record was a major theme at its rallies last night. Echoing PAP candidate for Kallang, Mr S Dhanabalan, who was speaking at Potong Pasir, Dr Lee Boon Yang, for Jalan Besar, said the PAP's track record was proof that the party
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    • 84 3 THE OPPOSITION is more organised, but already running out of steam, says Mr Goh Chok Tong, who turned up last night to watch his party's rally at King George's Avenue. The PAP organising secretary also found some of the opposition candidates "quite articulate" but, beyond
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  • Page 2 Advertisements
    • 384 2 Are your executives and managers confronted with tough technology decisions? Do your employees need new skills ina changing environment? W t 55 1 «is r m ACS-Deltakcan help. Asian Computer Services and Deltak have teamed up in Singapore to provide you the very best multimedia and computer-based training courses. Lefs
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  • Page 3 Advertisements
    • 170 3 S -V m M W-- \P X x V"k >% S. X lc strength single needle tailoring >11 lUSC Sm ir^ irt > 3% i H Distinctive 100% shell uttons i T R v V S f F Crisp fused cuffs with fine edge mik hing T I Van Heusen
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  • Page 4 Advertisements
    • 321 4 TOYOTA Overall market leader again in Singapore in 198' Advice to executives when telling their wives they have ordered the newloyota Cressida. Don't say: Even you, darling, will be able to understand these digital readouts telling you how fast you are going. Now lean comfortably take all the guys and
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  • OVERSEAS
    • 285 5 UPI THE KREMLIN'S second most powerful man delivered a letter on Sunday from Soviet President Konstantin Chernenko to Prime Minister Margaret Thatcher assuring her of their "positive attitude" toward next month's Geneva arms talks. Mrs Thatcher and Mikhail Gorbachev talked for nearly three hours on East-West
      UPI; UPI Photo  -  285 words
    • 437 5 Reuter ALTHOUGH South Korea has no diplomatic relations with China, indirect trade between the two countries is surging and Seoul now aims to make China its third biggest export market after the US and Japan. Businessmen in Seoul involved in trade with China
      Reuter  -  437 words
    • WORLD IN BRIEF
      • 55 5 ANGOLAN authorities continue to torture and abuse political prisoners and sentence scores of them to execution without appeal, according to a report published yesterday by Amnesty International. The group estimated that about 1,000 prisoners were being held "under suspicion of having undertaken politically motivated crimes of violence or
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      • 76 5 A CAR bomb blew up on Sunday outside a night club in Northern Ireland frequented by British soldiers, but a second device apparently aimed at a leading Protestant politician failed to go off. No one was hurt in either incident. The Irish National Liberation Army (INLA), a militant
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      • 70 5 AN ANONYMOUS caller said on Sunday that Red Brigades terrorists are "alive and well" and would follow up Friday's foiled hold-ups in Rome and Bologna with new operations. The Florence cell of the group, previously believed to have been crushed in the wake of the rescue of
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      • 62 5 MILITANT students of Dhaka Univerity in Bangladesh planned to demonstrate in front of the offices of state-run radio and television networks yesterday to protest what they called onesided coverage of political events that ignored opposition activities. A spokesman for the students said they would hold the demonstration peacefully and
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      • 80 5 MEMBERS of a Canadian fact-finding mission in Ethiopia have said that they had found no evidence to substantiate reports that famine relief aid to the country was being sold commercially or was being misused. But the leader of the mission said on Sunday that the subject of diversion
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      • 57 5 ABOUT 5,000 students at Beijing University rallied illegally outside the Chancellor's office last week to protest cold dormitory rooms and a rule requiring lights out at 11pm. Sources said on Sunday that one night after the rally, some students continued to protest by lobbing burning newspapers out of
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      • 58 5 THE ATTACK on the Greek-owned tanker Ninemia on Dec 15 chartered by Japanese oil trader Nissho Iwai will have no effect on spot oil prices, Tokyo crude oil traders said yesterday. Most spot market activity has been sidelined ahead of this week's meeting of Opec at which discussions
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      • 49 5 Agencies MORE THAN 250 foreigners have been trained at Malaysia's National Institute of Public Administration (Intan) since the Malaysian technical cooperation programme was launched four years ago. The institute said Indonesians formed the largest group with 37 officers trained, while Thailand had 35 and the Philippines 22. Agencies
        Agencies  -  49 words
    • 151 5 AP A REPORT commissioned by the US State Department and completed eight weeks before the assassination of Indian Prime Minister Indira Gandhi predicted political instability in India in the event of her untimely death, a proSoviet newspaper reported. The Patriot, in a frontpage story,
      AP  -  151 words
    • 214 5 AFP CAR EXPORTS from the industrialised nations rose six per cent to reach a record 14.9 million cars last year, the secretariat of Gatt said in a report on international trade in 1963. The main conclusions of the report were published last September.
      AFP  -  214 words
    • 477 5 French population to be given protection Reuter FRENCH President Francois Mitterrand has ruled out military intervention against Libya in Chad and blamed previous French governments for tension in the Pacific territory of New Caledonia. In a television interview on Sunday night, he defended his
      Reuter  -  477 words
    • 812 7 ARRIVALS Operator Service Local From number time PAA PA5 0155 JFK/SFO/HKG CV CV796 0315 LUX/DBX MAS MH601 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN RBA Bt421 1000 BWN SIA SQl 03 1005 KUL CPA CX710 1030
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    • 352 7 NYT THE US is close to agreement with steel-exporting nations on a system of quotas to curb their shipments to the US to less than 20 per cent of the market. The arrangements have been painstakingly negotiated over the last three months under
      NYT  -  352 words
    • 179 7 UPI AMERICAN Assistant Secretary of State Richard Murphy has dismissed King Hussein's proposal (or a UN-sponsored conference for Middle East peace and suggested, instead, that Jordan hold direct talks with Israel. Mr Murphy made the remark at a meeting with Foreign Minister Taber Masri
      UPI  -  179 words
    • 301 7 AFP CAMBODIAN guerillas and Vietnamese-led forces clashed yesterday at three guerilla bases near the Thai-Cambodian border, a resistance source said in Bangkok. A spokesman for the Khmer People's National Liberation Front (KPNLF) said clashes between small units of guerilla fighters and Vietnamese
      AFP  -  301 words
    • 152 7 Reuter BRITISH manufacturers expect output to continue rising over the next four months at much the same rate as last summer, says a survey by the Confederation of British Industry (CBI), released in London yesterday. The CBl's December industrial trends enquiry shows that 88
      Reuter  -  152 words
  • Page 5 Advertisements
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    • 10 5 Franc* struggling to o#iermin« rviiurt 01 Maw Cilidonia, Pag* 6
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  • Page 5 Miscellaneous
    • 35 5 Doonesbury mmm w 1 H mm bSBJm K^Sffi.r3 aa®. k!L2ii isa BY GARRY TRUDEAU rPSV&tYSXCmN6. MARK! SB IS PRDOH* WHAT PUCJN6MENAN PKOJBOt AEROBCS VIPGO THAT, THAT UtHE POtNG MOPS£' fORCHAfUTi r V m m (5
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  • WORLD BACKGROUND
    • 852 6 Natives and settlers divided over question of independence AP "FRANCE, after 131 years of ruling New Caledonia, is struggling to determine the future of the Pacific island without touching off a civil war between European settlers and native "independence forces. 'Hie
      AP  -  852 words
    • 424 6 Reuter A TRIO of Bills expected to pass Parliament soon will end a 32 -year-old government monopoly over Japan's domestic telecommunications market. It has sparked comparisons to the recent break-up of American Telephone and Telegraph (AT and T) in the US and has raised US
      Reuter  -  424 words
    • 652 6 AP FOLLOWING talks with the man reputed to be the number two in the Kremlin, British Prime Minister Margaret Thatcher was scheduled to leave yesterday on an unprecedented six-day round-the-world trip in which she will meet China's top leadership and US President Ronald Reagan.
      AP  -  652 words
  • Page 6 Advertisements

  • Page 7 Advertisements
    • 94 7 »¥V\ /W1 is I heQuick& LisyWjy loOver45U.S.C ities. Hon to expand your telephone system,without extending your overdraft. The modular P2OX EPABX System from Thomson-CSF is uniquely economical. You can expand the basic system up to 52 lines and 237 extensions, without changing to another system. So when your business grows,
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    • 24 7 CVi zist Dec AtThe Romenade po Oichad Road. s s V* •r H I man* far Christmas is My **o fro* teeth •r s
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  • MONEY AND EXCHANGES
    • 784 8 SINGAPORE: The US dollar closed slightly higher yesterday against most major currencies in quiet trading. It firmed marginally at the outset on some short-covering interest and thereafter fluctuated narrowly throughout the session. The dollar closed little changed at 3.0920/30 marks compared with New York's Friday 3.0900/30 close, slightly
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    • 235 8 Interbank rates at 3pm ClIfTMtCIM Nominal rate* quoted yeeterday et OM parity Local dollars to one unit of foreign currency: -22 90 US dollar 2.) 740 2 1750 ***** Sterling pound 2 5898 ***** 7 3469 -64.75 Australian dollar 1 8198 1 8217 3 4286 -46 92 NZ
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    • 360 8 ASIAN dollar deposit rates closed steady at lower opening levels in quiet trading yesterday. Periods weakened between 1/16 and 3/16 point at the outset due to softer Eurodollar deposit rates and were then unchanged with one, three and six months closing at 8-15/16 8-13/16, 9-1/16 8-15/16 and
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    • 338 8 BA Futures Inc AFTER the strong rally in Chicago on Friday, a minor correction in Simex was expected as EanMlw traded lower from CME's closing. March Eurodollar opened six ticks lower than Chicago's close at 90.29 and traded to a low of 90.25 before ending at 90.26. The day
      BA Futures Inc  -  338 words
    • 166 8 HONGKONG The metal fell in active trading yesterday. It closed at U*****.00/40 an ounce compared with the $321.80/322.20 finish here on Saturday and the $322.00/ 50 close in New York on Friday. Local gold fell HK$42 to close at $2,967 a tahil, the first time it breached the $3,000
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    • 118 8 THE OVERNIGHT rate (ell by 3/8-point from last Friday to close at 61/8 per cent on the Singapore interbank money market yesterday. The one and three-month rates remained unchanged while the two-month rate rose by 1/16-point. S$ interbank rotes at 3pm yesterday Offer Bid Overnight 6 1/8 6
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  • Page 8 Advertisements
    • 433 8 1 5£i3SS '.Jz. ft v ;,-:I II i: -if ;.i 'S: V v><y vx :i Xv ■X i 5 a V I- v *3?." Hi mm. ■'II 4 f.l 551«— > m Wmsm > m BMBMfe:.. .-X.. .if 'X-.-X X-.-X ■> %f V •M x- a x •'■x-" Mffiife rnmm
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    • 67 8 Rcsrois Mariners' Corner Restaurant X'mas New Year Set Menu X'mas Eve Lunch $18.00 X'mas Eve Dinner $24.00 X'mas Day Lunch $24.00 X'mas Day Dinner $24.00 New Year's Eve Lunch $18.00 New Year's Eve Dinner $24.00 New Year Day Lunch $24.00 New Year Day Dinner $24.00 a ft Y%\ "MM M
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  • BANKING AND FINANCE
    • 414 9 Reuter INDONESIA will borrow significantly less on the commercial loan market next year than in 1984, according to Economy Minister Ali Wardhana. He said that 1985 commercial borrowings will total "maybe a few hundred" million dollars against around one billion dollars this year.
      Reuter  -  414 words
    • 277 9 Reuter A WIDER ROLE for the special drawing right (SDR), the International Monetary Fund's paper currency, is unlikely in the near future, top monetary officials say. The officials from 11 leading industrialised nations were speaking last Friday after a two-day meeting of
      Reuter  -  277 words
    • 127 9 Reuter FINANCE MINISTER Vlado Klemencic was quoted as saying Yugoslavia would accept closer monitoring of its economy by the IMF in return for a multi-year debt relief package with its creditors. In comments reported in the influential daily newspaper Politika recently, Mr Klemencic confirmed
      Reuter  -  127 words
    • 257 9 Reuter EDWIN GRAY's plan to shift ownership of the Federal Home Loan Mortgage Corp, a quasi-public government agency, to the US savings and loan industry, has hit heavy opposition from an unexpected administration source: Treasury Secretary Donald Regan. In an effort to strengthen the
      Reuter  -  257 words
    • 160 9 Reuter US CREDIT market participants, disappointed by the Fed's failure to cut the discount rate last Friday, were combing the markets yesterday for more concrete signs that the Fed is tilting towards a more accommodative monetary policy. Last Friday the Treasury's key 11 V« per
      Reuter  -  160 words
    • 130 9 Reuter KOREA EXCHANGE BANK has signed an agreement with 18 financial institutions to issue a US$l5O million convertible Euronote facility. A bank spokesman says that the first batch, or $30 million, of the facility will be issued on December 20 in Hongkong. The promissory
      Reuter  -  130 words
    • 314 9  -  By ALVIN TAY PAYMENTS through credit cards issued here by Visa International rose to $51 million in the second quarter, up 31 per cent compared with the $39 million in the same period last year. The general manager of Visa's South-east Asian region, Mr
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    • 111 9 Reuter THE STEERING committee of Ecuador's creditor banks has agreed to reschedule about US$4 3 billion of the country's public sector foreign debt and to provide more one billion dollars in fresh finance. Last Friday, a team of Ecuadorean negotiators ended talks in
      Reuter  -  111 words
  • Page 9 Advertisements
    • 96 9 Select your Business Address in a Prime Location City Developments Ltd offers you choice office space in the best commercial areas in Singapore. Each complex is situated either beside or near major roads and expressways with convenient transport links for employees and customers. Competitively Priced Very competitive prices start at
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    • 395 9 L. A\ V 71^ Canon 5 Ihe gift that outlines afl others this Christmas 1 I 9 jpr (Hp* k *c >. TX?3P E» V S. H. Wong: Writer 44 It's the most useful present I've ever received. Such clear, beautiful printing in 2 typefaces, each with 2 variations of
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  • FEATURES
    • 441 10 WHEN Mr Ng Teng Fong makes a public statement which is extremely seldom people listen. His name might be enough to attract attention, if only out of curiosity, for Mr Ng is known for taking great pains to avoid publicity. So eyebrows cannot help but be
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    • 1165 10  -  Deng moves to get things done in a country accustomed to siestas and talks of self-sacrifice China's drab cities have taken on new vivacity in the last few years. The frugal habit of wearing clothing for 'three years new, three years old, and three years of
      NYT  -  1,165 words
    • 594 10 UPI AMERICAN TOY MAKERS are getting plenty of competition this Christmas season from black marketers who are counterfeiting every sort of play thing from imposter Cabbage Patch Kid dolls to phony trivial pursuit games. The US custom services has seized more
      UPI  -  594 words
  • Page 10 Advertisements
    • 286 10 □lETHELM Furniture that has no I 190 Clemanceau Avenue #04-02 Singapore Shoppng Canoe Singapoce 0923 HousenoM turnctvxe let 336 2006 OMce turmlure 111 336 2005 ECONOMIC CRIME THE ASIA-PACIFIC REGION Highly specialised international workshop Singapore 7-11 January 1985 Crown Agents Training Services and the International Chamber of Commerce's International Maritime
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  • Page 10 Miscellaneous
    • 731 10 I UJP*4T T> VJRITe TO TMFfI" FOU£ e.yeo soi of p\ l oov^eß Per Gur4 A f=p\ra£S RCCjuSinG hipt\ OF BLOODV rmHD&ortess FM4D ccpos SfuPIOITV.... Pi5T »r IN OU>4 UO^DS fjsojeo NOUQS EIT:. ETC <MD mad) I HIGHLIGHTS Vietnam: A Television History Americo's Mandarin 8 pm, Channel 12 America supports
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  • SPORTS
    • 659 11  -  By MARTIN LADER UPI FOR SHEER, scintillating drama, it is the time-honoured, familiar faces that continue to shine in golf. It is Jack Nicklaus, less than a month after undergoing surgery, sinking a single putt worth U*****,000, and it is Kathy Whitworth, a 45-year-old
      UPI  -  659 words
    • 221 11  -  By WALTON MORAIS A POPULAR figure in Singapore snooker, Benjamin Liu, will know his future in the game by tonight, when the national council holds its annual general meeting. On the agenda is the case regarding Benjamin's lastminute withdrawal from the World
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    • 564 11 NYT SWEDEN GRABBED an unexpected 2-0 lead over the United States in the 1964 Davis Cup tennis final on Sunday in Goteborg as Mats Wilander crushed Jimmy Connors and Henrik Sundstrom followed with a straightset upset of John McEnroe, the
      NYT  -  564 words
  • Page 11 Advertisements
    • 77 11 Our festive Lunch Special for weekends public holidays at $318.00 £JL*P LUCKY GARDEN RESTAURANT i 1 IS Oriental Cold Plate Combination Deep Fried Stuffed Scallops in Mashed Yam Sauteed Chicken Ball w/Hot Sauce Braised Superior Shark's Fin Soup w/Crab Meat Braised Fresh Abalone w/Fish Maw in Oyster Sauce Braised Stuffed
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    • 92 11 SE r ft 0 e I With the incorporation of Hitachi Construction Machinery (S) Pte.Ltd. and our better equipped new premises at Woodlands, we can give you even faster and more skilled service. Our services have also expanded to include: A Parts Depot where you can find the most comprehensive
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  • Page 11 Miscellaneous
    • 867 11 WHEN THE BALL- 16 BORlEX? IN A BUNKER VOU PO NOT CLOSE THE PACE, BUT SQUARE IT UP AS NOU NORMALLY WOULP PO WHEN PLANING A CHIP J/ SHOT BREAK THE vtfft WRISTS VERS QUkCKLV ON THE BACKSWING \J.C -wefS hit down with a fast hand action— on THIS SHOT
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  • INTERNATIONAL COMPANY NEWS
    • 127 12 FT NESTLE, the Swiss-based food industry company, intends to acquire a minority shareholding in the German food products concern Herta. The German group is in the process of a corporate re-or-ganisation. This foresees the merger of the existing companies Herta KG Carl
      FT  -  127 words
    • 650 12 NYT THIS IS the season on Wall Street for making stock market predictions about the coming year. It comes at a time, of course, when many individual investors, along with a host of professional money managers, have become disenchanted with the
      NYT  -  650 words
    • 216 12 Reuter BELGIAN holding company Groupe Bruxelles Lambert SA (GBL) will take a 51 per cent stake in publishing company Editions Dupuis SA. The Flemish daily De Standaard said the purchase, involving 900 million Belgian francs, would end a row between
      Reuter  -  216 words
    • 493 12 NYT THE US$BOO million acquisition by BAT Industries of Hambro Life Assurance PLC reflects the deregulation sweeping London's financial district. The takeover, approved by the boards of both companies last Friday, is expected to be completed by February, spokesmen for the companies say. Earlier this year,
      NYT  -  493 words
  • Page 12 Advertisements
    • 396 12 The BEEFEATER I At LIAT TOWF.RS! Had enough of seafood restaurants and Chinese 10-course dinners? Here's the true-blue English alternative. Outgrown disco and cant stand cocktail lounges with noisy bands? Sneak in at "The Beef'. We play music for old times' sake. The Beefeater at Liat Towers. It's a pub
      396 words
    • 111 12 ce Time: 12 noon 2.30 pm Price: $12.00" Fashion Show: 1.15 pm mockhs.: mori/oloA Modeling Agency ciothes by Fashion Direction Free Shampoo by K3O S POf6 Pt6 Ltd Ray Ban Sunglasses by BSllSCtl LOfTlfc) PRESIDENT MERLIN HOTEL SINGAPORE w 181. Kitchener Road. Singapore 0820 I Tel: *****22 Christmas Eve Gala
      111 words
    • 114 12 ft Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/ CHINESE/ LOCAL CUISINE Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At 16/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your dancing pleasure.
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    • 111 12 b 5 7 A if*. m i it e ®PWNCEHDTEL 2700rchard Road. Singaporeo923 Tele*: RS 2281 9MCROW 1 Cable: CROWNMOTCL. Tel: 7311 II I. i t, 4 > v I > |Y»y Brass rails, an etched J B' ass dome, a celaxed. CI J V friendly atmosphere, and C\ g
      111 words

  • ASIAN STOCKS
    • 312 13 HONGKONG: Stock prices closed sharply higher yesterday as a blue chip-led advance produced gains almost across the board. The Hang Seng Index jumped 24.33 points to 1166.63. Hutchison Whampoa climbed 60 cents to HK517.30 per share, Cheung Kong 45 to $9.65, HK Land 17.5 to $3,925 and Swire Pacific
      312 words
    • 233 13 DEC 17 Al Sncere Indus WT 5 95 26 30 -0.15 -0.1 Cham Indus Lian Hwo Indus Nan Yo Plas Pocific Cons 18 70 12.20 31 30 27 00 -0.1 +005 0.1 -03 Cathay Com Chang Hwa Bank 2860 55 00 19 30 -0.2 •1 4-0.6 Pacific Elect Wire
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    • 384 13 TOKYO: Share prices closed higher yesterday in year-end bullish sentiment, led by international populars, precision instruments, and opto-electronics. In light trading the market average rose 54.97 to 11,455.67, regaining Saturday's 18.45 loss. The turnover was 270 million shares against 170 million in Saturday's half-day trading. The Stock Exchange Index
      384 words
    • 132 13 MANILA: Share prices closed easier in quiet trading yesterday. The Commercial and Industrial Index was down 0.67 to 109.21, the Mining Index fell 0.93 to 746.62 and the Oils Index eased 0.007 to 0.579. Atlas Con B fell to 18 from 20, Basic Petroleum to 0.0026 from 0.003 and
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    • 400 13 SYDNEY: Share markets closed easier in thin trading yesterday with resource stocks under pressure as the international bullion price dropped to a 2 Vt -year low. At 1515 hours local time, the All Ordinaries Index was 4.4 points softer at 714.4 points, the All Industrials 2.0 down at 1066.3
      400 words
    • 166 13 BANGKOK: Stocks closed higher yesterday in quiet trading ahead of the year end. The Book Club Index rose 0.05 point to 127.65. Turnover dropped to 148,625 shares from last Friday's 657,128. Thai Fanners Bank and Siam Cement gained two baht each to close at 234 and 525 respectively. DfC
      166 words
    • 74 13 Dec 17 Bonk Seoul Won 650 -10 Hyundoi Corp Hyundai Motor KAL 935 661 565 730 -11 11 +5 Choheung Bk 641 -9 1440 12 Commercial Bk 717 +7 Kor«oSh*> 418 3 Doetm Ind 546 -10 785 13 Dotwoo Corp 483 -7 780 30 646 860 +3 648 -16
      74 words
    • 61 13 Reuter MITSUBISHI Motor Corp has signed an agreement to supply Chrysler Corp with its V-6 engines at a rate of up to 400,000 units a year over a five-year period starting in mid-1906. A Mitsubishi statement says Chrysler will use the 3,000 cc engines in
      Reuter  -  61 words
    • 315 13 AFP THREE Taiwanese manufacturers are expected to sign contracts shortly with the Abdul Manan Othman Group of Malaysia to export turnkey plants to Malaysia. Industry sources say the three deals which include one for Malaysia's first computer-manu-facturing enterprise are estimated to be worth
      AFP  -  315 words
    • 136 13 FT A MAJOR Indian engineering and industrial group, Escorts Ltd, has concluded an agreement with Dynapac of Sweden for the manufacture of three types of Dynapac heavy vibratory roller in India the 10-tonne CA-25, the 11-tonne CA-30 and the 15-tonne CA-51. As soon
      FT  -  136 words
    • 323 13 AP AMERICAN cars have begun to improve their tarnished reputation in Japan, although sales remain small and the prospects for improvement slight. Industry analysts say whereas Japanese carmakers exported 3.8 million vehicles last year, almost half to the US, Japan imported only 37,000, of
      AP  -  323 words
  • Page 13 Advertisements
    • 653 13 mm t 'T <X *F3 r;. p is m •SUtorOLfe >«* 2^ 5? m V/// s. z is ir:*> a®* T L_ Paramount Hotel v Where the happy people go fJr *> *4F W ♦3 jvbnda A special garden atmosphere where time never runs out. Here, master chefs prepare delicious
      653 words
    • 198 13 A Season of Great Cheer i At CairnhiU! Christmas and New Year Eves At the Coffee Gmdu Gab Dinner and Dance at ooly $45.00+ per person phi* novetoei and door gift*. 7 pm 3 an Dance only $30.00 per person for a lint drink with novelties aad door gifts. 10.30
      198 words

  • RAW MATERIALS
    • 696 14 South Syndication BRAZIL, the world's biggest coffee producer, has warned big consumer countries that the International Coffee Organisation could collapse unless they radically change their policy of trying to keep prices down. This stark warning was delivered by Octvio Rainho,
      South Syndication  -  696 words
    • 227 14 AP A GLUT OF cotton will flood China's markets. This is due to a second successive bumper harvest and falling demand for the crop, according to official press reports. Cotton was rationed from the 1950s until December 1963 when controls were relaxed because of a farm
      AP  -  227 words
    • 551 14 AFP, Bernama MALAYSIAN MINERS are upset over moves by the European Community to reduce the floor-price of the current International Tin Agreement (ITA). The president of the Perak Chinese Mining Association, Chin Pek Soo, said last Friday that any cut in
      AFP,; Bernama  -  551 words
    • 329 14 AFP WORLD SUPPLIES of wheat in the 1965-86 season should once again be sufficient to meet requirements, barring large-scale crop failures, the International Wheat Council said last week in a preliminary assessment of next season's prospects after a four-day meeting in London. The council
      AFP  -  329 words
    • 199 14 SINGAPORE The market closed marginally lower yesterday with January One RSS buyers quoted at 173.25 cents per kg, down 0.25 from last Friday. The market eased at the outset but recovered later in quiet morning trading on some buying interest. Prices slipped slightly in the afternoon on lack of
      199 words
    • 341 14 RAS prices (in S cents/kilo, FOB in boles) NOON CLOSE Buyers Sellers Buyers Selleri Int 1 RSS Prompt 170 25 ***** 170 00 171 00N Int 1 RSS Jon 85 173 50 174 00 173 25 173 75 Int 1 RSS Feb 85 175 75 176 25
      341 words
    • 110 14 (cents/kg, l-t<x n pallets) January 85 February 85 (current mth) (forward mth) NOON NOON RAS Buyers SoHen Buyers Sellers SSR20 168 50 I70.50N 170 50 172 50N SSR50 166 50 168 50N 168 50 170.SON MRELB Buyers 5 t ll tl j Buyers Sellers SMRCV 196 00
      110 words
    • 86 14 THE Kul» Lumpur Tin Market price remained at the International Tin Agreement floor-level price of M 529.15 per kg yesterday. In the absence of active demand, the better stock manager maintained its strong support. Turnover increased to 169 tonnes (rem N tonnes last Friday following week-end accumulation. Here
      86 words
    • 155 14 Yarn (In HK$ per bole of 400 M>) China carded yarn, cones Blue Phoenix 16's 3,050 Blue Phoemx 20's 3,200. Blue Phoenix 32's 3,750 Blue Phoenix 40"» 3,950 Carded yarn, hank Blue Phoenix 21 's 3,400 Combed yarn, cones Blue Phoenix 32's 4,600 Blue Phoenix 40's 4,850 Open-end yorn
      155 words
    • 156 14 THE Malaysian crude palm oil prices closed slightly higher yesterday on late buying due to the rise in Chicago soybean futures on Friday. Trading was thin. In December, central and south gained MJS each to $1,177.50 and $1,170 per tonne respectively and for January central rose $2.50 to
      156 words
    • 1070 14 COFFEE Robusta futures trended narrowly lower at midday yesterday but remained mixed overall in very quiet dealings. Values ranged from £1 lower to £6 ahead at the end of the morning session. The key March contract traded £2 above Friday's closing bid at £2,230 per tonne. Trade interest
      1,070 words
    • 151 14 Chinese Produce Robusta 20/25% FOB NSW 492 50 Exchange Nutmeg s 1 i j 110 FOB NSW 438 00 17. S$/100 kg) B W FOB NSW 281 00 Coconut oil Gombier Bulk FOB 180 00 FOB NSW 305 00 OkJ drum FOB ***** New drum FOB 197 00
      151 words
    • 275 14 Singapore A-l special C-l special C-l Ordinary Loonzaei 100% 182 (S$/kito, ei-godown) unq unq Thai white 1100% 1st doss first grade S3 (kangaroo) 100% second grade 225 new crop 096 100% third grode unq 100% 2nd doss 100% 3rd class 070 070 Parboiled 227 222 25% new crop No
      275 words
  • Page 14 Advertisements
    • 146 14 r SINGAPORE PRESS HOLDINGS LIMITED (Incorporated in Singapore! ill M The Directors of Singapore Press Holdings Limited (the "Company") are pleased to advise shareholders that the Company has been granted admission to the Official List of the Stock Exchange of Singapore Limited under the first trading section of the Industrial
      146 words

  • SHARE INFORMATION
    • 4003 15 A POWER FAILURE yesterday reduced trading volume to a two-year low on the Singapore stock market. The blackout started at about 10:13 am and lasted more than IV* hours. At lunch break, total turnover was only about 1.4 million units. A dealer said:
      4,003 words
    • 242 15 SINGAPORE Ri« M Indices Taaak Cium 170 390 10 +6 IT Conpewt* Dac 14 Dac 17 706.97 707 20 C 4 C 278 +6 BT Indicator *****44 *****33 DBS MO 5 8T08/0S -126 -92 H Laaag Fin au so* 312 173 4 4 ST Industrials ST Fiaanca
      242 words
    • 494 15 THE Kuala Lumpur stock market drifted through a lacklustre session yesterday with share prices closing lower across the board. Trading was dominated by a handful of situational issues. Generally, the market was quiet with most issues finishing slightly lower. Turnover declined sharply to 5.21
      494 words
    • 2020 15 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"
      2,020 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 465 16 Housing and gas manufacturing expected to be main money earners WIDELY DIVERSIFIED Indusrial Oxygen Inc Bhd (101) does not expect very significant improvements in the group's performance in the current financial year. This is in view of the difficult conditions faced in both the property
      465 words
    • 471 16 THE OFFER PRICE of Mslo per unit for the remaining shares in Toshiba (M) Bhd places a premium of 94.6 per cent over the net tangible assets of the company calculated at $5.14, as at June 30,1964. This was pointed out
      471 words
    • 400 16 MORE THAN Ms 3 million is due to the Kuala Lumpur Stock Exchange from the Securities Clearing Automated Network Service (Scans), at June 30, 1984. This compares with $1.25 million due to the exchange in the previous year. The latest KLSE
      400 words
    • 2075 16 BID and offer prices officially luted and business In and reported to the Kuala Luynpur Stock Exchange yesterday, with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS A Choc (3.026 3.045) (57) 3.02 AMD (3.306 3.32)
      2,075 words
    • 215 16 Monogers' prices Second B'putra 483 488 foe Dcc 18 Singapore Unit Trust Thrd B'putra Fourth B'putro Fifth B'putra Sixth B putro 402 4.41 304 407 446 309 The Commerce 2 50 2.65 292 297 The Sovngs Fund 1.72 1 82 Seventh B'putra (A) 204 209 S'pore Prog Fund
      215 words
    • 1052 16 SHARE PRICES opened higher with the FTSE 100 index up 11.3 to a record 1,216.1. Institutional buying for the year end and some stock shortages helped underpin prices in moderate turnover, dealers said. ICI continued its strong trend rising 30p to 742 following news last week that it
      1,052 words
    • 102 16 HONGKONG Australian Industrials Monday 1066.1 Hong Seng Index Friday 1068.3 Week ogo 1066.1 Monday Friday 1166 42 1142.09 NEW YORK Week ago 1115.01 Daw Jones Fnday 1175.9 A TOKYO Thursday 1168.84 Tokvo Dow Jones Week ago 1163.21 Monday Friday *****.67 Standard and Poors ***** 70 Friday unov Week
      102 words
    • 477 17 im mm™ 'fur fj IT IS LITTLE WONDER that Mr Yap Yong Seong, better known as Duta Yap, has an army of loyal fans in the stock market. For here is a chairman who puts his money where his mouth is.
      'fur fj  -  477 words
    • 844 17  -  By RAMESH CHANDIRAMANI THE STOCK Exchange of Singapore is exploring the possibility of setting up an unlisted securities market as a "nursery" for companies that are not yet able to comply with the full listing requirements. This would enable small innovative companies
      844 words
    • 654 17  -  By RICHARD SEAH ATTEMPTS to block the proposed sale of the factory and major assets of Malaya Glass are being made by some minority shareholders, particularly by members of the Low family which started the company in the *****. Five
      654 words
    • 216 17 ACTIVITY IN some parts of the central business district came to a standstill for about one-and-a-half hours when several offices and high-rise buildings were hit by a power failure yesterday morning. In particular, trading at the Stock Exchange of Singapore in Hong Leong
      216 words
    • 242 17 SINGAPORE Press Holdings Lid has been admitted to the official list of the Stock Exchange of Singapore under the First Trading section of 'Industrials Commercial*. Trading in the 243.254 million shares of $1 each will begin at 10am on Thursday. Meanwhile, Times Publishing Bhd, The Straits Times Press
      242 words
    • 443 17  -  By AMY CHEOK THE SHARES of Lum Chang Holdings Ltd, widely expected to be listed on the Stock Exchange of Singapore today, will make its appearance on Dec 28. The construction-based group, the fourth to be granted a public listing this year, has been advised
      443 words
    • 31 17 KULIM (Malaysia) Bhd has disclosed that for November, the amount of rubber, palm oil and kernel processed by its mills were 68,745 kgs, 4,211 tons and 1,333 tons respectively.
      31 words
  • Page 16 Advertisements
    • 149 16 SHARP Plain Paper Copiers with AUTO EXPOSURE and with TWO ENLARGEMENT/REDUCTION MODES GUARANTEE SHARP Plain Paper Copiers are feature-packed with ewarp tomorrow's copying need in mind. That's why you'll get e \.\X2l consistent quality-copy after copy. And to show the confidence we place in the SF-756 and SF-760, a 5-year
      149 words
    • 75 16 THE SANWA BANK LIMITED SINGAPORE BRANCH U5530,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 18th December 1987 Retractable to 4 years on 18th December 1986 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from 18th December 1984 to 18th
      75 words

  • Page 17 Advertisements
    • 29 17 ■ilJd'Hl'liMl RENTAL Approximate 3,700 sq metres of open land in vicinity of Macpherson Road/ Aljunied Road available immediately for open storage. For more details contact: Miss Khong Tel: *****38
      29 words
    • 332 17 Chubb reveal of a real fire. The new Chubb 3406 One-hour Fire Protection File has an amazing history few brands can boast of. (Not even those that are supposed to be Two-hour Files). Before it was given the green light for production, the Chubb 3406 was put through the worst
      332 words

  • 414 18 THE United Malays National Organisation (Umno) has given its backing to deputy president Datuk Musa Hitam's suggestion that the MCA leave the Barisan Nasional coalition to sort out its internal crisis. Secretary general Datuk Seri Haji Sanusi Junid said Datuk Musa's statement was a suggestion
    414 words
  • 197 18 AP COMMUNIST BULGARIA was accused yesterday of producing fake Scotch whisky. Britain's big business organisation, the Confederation of British Industry (CBI), said that Bulgarian authorities failed to act against manufacturers of counterfeit Johnnie Walker Scotch after a shipment of 22,500 cases of the bogus
    AP  -  197 words
  • 309 18 THE LETTABLE space in Singapore Land's The Gateway project is 69,800 sq m, and not approximately 30,000 sq m as suggested by a set of figures that has been circulating around town for the past two years. Singapore Land successfully bid for
    309 words
  • 59 18 Bernama THE consumer price index (CPI) for Peninsular Malaysia declined by 0.2 per cent from 125.4 in September to 125.2 in October. Latest figures from the statistics department show that from January to October, the CPI rose by 4.2 per cent on the average when compared with
    Bernama  -  59 words
  • 398 18  -  By SOH TIANG KENG, Banking Correspondent MALAYAN BANKING has made its debut in the Asian dollar capital market through its issue of a US$lOO million certificate of deposit revolving underwriting facility (RUF). It is a five-year RUF with interest rate equal to the London/Singapore
    398 words
  • 427 18  -  By LOH HUI YIN SINGAPORE Airlines will be the anchor tenant of Changi Airport's new passenger terminal when it starts operations in 1989. It will be joined by Malaysian Airline System (MAS) which has agreed to operate from the new terminal.
    427 words
  • 351 18  -  By JOANNE YAP ASEA SINGAPORE has set up a new division to undertake automation projects for the offshore marine and manufacturing industry. This is in line with the company's decision to diversify into the high technology field. Managing director Mr BJom Bengtsson
    351 words
  • 145 18 Reuter THE US structural deficit will rise to US$245 billion in 1968/89 ending September from $112 billion in 1963/84 if current policies, including the US defence programme, are unchanged. Robert McNamara, former president of the World Bank, told a seminar in New Delhi
    Reuter  -  145 words
  • 75 18 Reuter TAIWAN will extend US$5OO million in medium- and longterm low-interest loans to prospective foreign companies for investment in the island. The loans, to key industries such as machinery, metal products and electronics, would encourage more foreign companies to help Taiwan step up its industrial
    Reuter  -  75 words
  • 70 18 STOCK MARKET prices were slightly lower in early trading yesterday as the selling pressure experienced on Friday returned to Wall Street. The Dow Jones Industrial Average was down nearly two points to under 1174. Overall, losers held a slim lead over gainers. Volume was about nine million
    70 words
  • LATE FILE
    • 49 18 Reuter INDONESIAN armed forces chief Benny Murdani said yesterday there were still sporadic clashes between government troops and rebel guerillas in East Timor. He said Indonesia had more than 7,000 troops there, while the Fretilin rebels had between 500 and 700 armed men. Reuter
      Reuter  -  49 words
    • 42 18 THE SULTAN of Brunei, Sir Muda Hassanal Bolkiah, arrived in Cairo yesterday to start a three-day state visit to Egypt. Egyptian President Hosni Mubarak greeted the Sultan, who flew in from Oman, at the Kobbah Palace.
      42 words
    • 46 18 Reuter JAPAN'S poison candy gang declared a New Year truce yesterday, saying it had extracted a US$4OO,OOO ransom from one of its corporate victims. Kyodo News Service said the claim was made in letters to police headquarters and four newspapers in Osaka. Reuter
      Reuter  -  46 words
    • 42 18 AFP FRANCE will return 68 containers of deadly methyl isocyanate, the gas that killed hundreds of residents of Bbopal, India, to Union Carbide. The gas had been bound for Union Carbide's French affiliate plant near Marseilles. AFP
      AFP  -  42 words
    • 47 18 Reuter AN HEIR to the Sultan of Sulu, the historical ruler of the Philippines, said yesterday he was pursuing ownership claims to Sabah. Sultan Muhammad Mahakuttah Kiram said he was reviving the dispute even though Manila renounced its claims in 1977. Reuter
      Reuter  -  47 words
    • 42 18 AFP SOUTH KOREA yesterday expressed deep "regret" over a French decision to upgrade North Korea's trade mission in Paris to the status of general delegation. The Korean press reported that Seoul might consider economic sanctions against France. AFP
      AFP  -  42 words
  • Page 18 Advertisements
    • 124 18 4 4 i 4 I 111 9/A2/^ T\ro^ s suod a > A $75 investment that may save you $100 mSon From page 57 of the fl book: if reliance is to be placed on the I security of the trust 1 receipt it would I appear necessary to I
      124 words
    • 443 18 HARTFORD STEAM BOILER Established in 1866 in USA and the largest ASME code Authorised Inspection Agency in the world PRESENTS SECTION IX WELDING QUALIFICATIONS SEMINAR Three day Seminar to be held from 28th to 30th January 1985 9.00 am to 5.00pm at the Oberoi Imperial Hotel, Singapore THE COURSE The
      443 words
  • Page 18 Miscellaneous
    • 51 18 wmim Outlook for today: Fair tiM the afternoon. Report for 24 hours prior to 7 30pm on Dec 17 at the airport: Maiimum temperature 26.8 Associated humidity 82 Minimum temperature 22.9 Associated hwnidity 98 Hours of sunshine 0.00 Rainfall in millimetres 3.4 Roinfoll this month 43.9 Rainy days this month
      51 words

  • SHIPPING TIMES
    • 341 19 HONGKONG shipowners have called on Panama to reconsider its new stance on crewing before owners switch to other flags. The furore caused by Panama's bid to tighten rules including certification of seamen has led to Dr Hugo Torrijos Richa, director general
      341 words
    • 423 19  -  By JUNE LIM NEPTUNE Orient Lines has teamed up with some Thai partners to set up a new company in Thailand. The national carrier has taken up 30 per cent equity in the new company, Bara International Shipping Co. NOL would not disclose the
      423 words
    • 651 19 BMpping Um M* Cmt Atea Ahrenkiel Liner Alphotrans Andeka Shpg APC Lin* APL ASCL Asiobroker Austosto Line Bait-Orient Bangkok Cont Bank Lin* BBS Ben Line Blue Star Burma Five Star Camaroon Shpg CCLina CCM Ceyton Shpg Chargeurs Reums Chargeurs Hovrotse ChinoNov China Ocaan Cnan Columbus Lirta Combo
      651 words
    • PORTSIDES
      • 29 19 EUROPE-Bangladesh Shipping Conferences will re-impose a 10 per cent surcharge on freight to and from Chittagong effective Dec 19, Bangladesh Steamer Agents Association chairman Ansarul Huque said.
        29 words
      • 61 19 THE Libyan government has awarded the country's highest awards to the crew of the container ship Ghat, which allegedly mined the Red Sea last summer, the London Sunday Times reported. The newspaper, which did not disclose its sources, said the 18 members of the 2,412-ton Tripoli-registered
        61 words
      • 101 19 BUREAU VERITAS has announced that loading computers are required to be fitted on ships of over 150 metres in length and carrying liquid or solid cargo in bulk. These requirements will soon apply to other types of ships. As a greater number of these loading computers will come
        101 words
    • 140 20 JEBSEN Line may introduce bigger vessels to its New Zealand South-east Asia service in the "not too distant future", said a company spokesman. "When we entered this trade a year and a hall ago it was in the knowledge that the trade in both directions
      140 words
    • 298 20 FT UNION representatives of 48,000 employees of British Shipbuilders have agreed to qualify substantially their opposition to privatisation of individual shipyards. In what delegates called a watershed conference, at Tynemouth, Tyne and Wear, it was decided to continue national opposition to privatisation, closures or compulsory
      FT  -  298 words
    • 184 20 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. Nedlloyd
      184 words
    • 865 20 Fairplay THE current International Sugar Agreement expires on Dec 31. Despite repeated attempts to negotiate new economic provisions, levels of supply, the withholding of stocks, export quotas and an upper level for production, there has been no agreement on anything but the
      Fairplay  -  865 words
    • 285 20 THE move towards the use of 100 per cent high fructose corn syrup (HFCS) in soft drink products has been expected for a long time in the United States, but the announcement last month by both Coca-Cola USA and Pepsi-Cola USA in this direction came earlier
      285 words
    • 1695 20 RECENT coal and iron ore activity subsided on the London shipping freights market on Friday and was not offset by an expansion o( business elsewhere. A further sharp drop in the US Gulf-Japan grain rate could be seen when Tradax found the Christitsa at just US$14.75 (Ho) for
      1,695 words
    • 206 21 TMR/ ITN, Fairplay DEBTS incurred by Seawinds, the trans-Pacific container carrier which floundered in late October, is higher than it estimated earlier. The San Francisco-based company says its debts amounted to U5526.3 million, almost double the earlier estimation of $14 million. Of the total sum,
      TMR/ ITN,; Fairplay  -  206 words
    • 455 21 THE FUTURE of Grand Marine Holdings, the former shipping arm of the once-mighty Hongkong Carrian group, has been thrown into doubt again following further substantial losses. A deficit of HK5162.5 million in the year to June 30,1964, which comes on top of
      455 words
    • 346 21 AFP THERE was a pre-holiday rush on the tanker market last week, particularly in the Mediterranean and the North Sea. Elsewhere the Gulf states area attracted some enquiry, but it was difficult to judge the market, as many deals were kept private. Out of the Mediterranean, despite the
      AFP  -  346 words
    • 373 21 UPI IRAQ said its warplanes struck a "very large naval target" south of Iran's key Kharg Island oil terminal, a day after a Greek-regis-tered tanker was set ablaze by an Iraqi missile in the Gulf. There was no independent confirmation of Sunday's
      UPI  -  373 words
    • 172 21 THE government of Bahrain has invited 12 international consultancy companies to pre-qualify for an environmental impact study for what may be the biggest land reclamation project yet to be undertaken in the Gulf. Slated for reclamation is an area off the east coast of Bahrain extending
      172 words
    • 513 22 Jaa 7 The application of emulsified fuels to different engine designs theoretical predictions and experimental results, 1530 hours, Institute of Marine Engineers, 76 Mark Lane, London EC3. Jaa 14 Soft starting of induction motors for marine and offshore application, 1730 hours, 76 Mark Lane, London EC3. Jaa 17
      513 words
    • 5816 26 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.
      5,816 words
    • 661 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Stn Bhum 199N 18.12.84 2300 S'pore Shpg 1 FSB 0900-1100 K1 PI B8 Anson Zim Eilat Nolo Exp Jutlandia *****N 8W 18.12.84 19 12 84
      661 words
    • 1805 27 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (Si Afra-Earaala Line Transgroup (S>. Akreaklel U»er Servlre Kim Shpg (Si MM C Taepfer Oceanus Shipping Agencies (Si Marintex Enterprise iPK). \lpae Intrasea <S) Bintang Shpg (KLI Island Cargo Handling
      1,805 words
    • 483 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Durmltor 35/6 Borneo alongside 18.1284/1930 Liquid Bulk Explorer 15/6 MT Mar alongside 18.12.84/0230 Pearl of Scandinavia 44 Harper alongside 18.1284/1100 Artus 35/6 Borneo 18.12*4/1930 18.12.84/2300 Equator HI 22 Thong Soon 18.12.84/0700 19.12.84/0700 Hong Shou Shan 33/4 Y
      483 words
  • Page 19 Advertisements
    • 565 19 rrx Forct9 n CXChO 11^ oealinQ 5 TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 T«l: *****44 Am«mM of the tim#s organrtatiOr 556.50 Each -r\ jp lAKDINK AM AH Jardines o I ORIENT OVEIQEAS Cort&UHe* LINE FULLY CONTAINERISED SERVICE 10 FiiCOPF VIA SUF7 11 MME «t» K.
      565 words
    • 296 19 mm II Nl 11/111 IV VIII VIII/IX IX IX x CONSORTIA TANKER Ratos LONDON Freights SHIPPING Evonts REGIONAL Woathor SHIPPING Sdwduto CONTAINER Schodutos WHO Acts for Whom SHIPS In Port UNITED ARAB SHIPPING CO (SAG) taUASC Termtnsl oM.re TPC 03 79 T#l No *****90 22; TOTOTJ-r.-1.1W.M-»«n H.' SF Al OBD
      296 words
    • 660 19 'T.~ ili]^ I OCEAN LIME BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 A'i T AFRICA ft ASIA •V nil ill 1 \:IA I I' 1 m 171 12/1 13/1 19/1 20/1 22/1 24/1 28/1 1
      660 words

  • Page 20 Advertisements
    • 297 20 FAR EAST/EUROPE CONTAINER SERVICE Joivrofit From Eyroj* 4) Gbwrg VESSEL r MM rw. 1) Barcelona. Genoa. 2) Amsterdam Antwerp, L Ham. Basle. UK, 3) Bremen. •Acceptor* Europe carp tor feeder na S pore *M» (krect carp) tor Spore I fh contact MSC AGENOES P. Mane tor toider arrangement 3/1 24/1
      297 words
    • 361 20 YAM ASHITA-SHINNIHON LINE CONTAH4ER SERVICES USA/CANADA feeder m n m KB ACf M Pert 19/12 FMRT Kt 25/12 X/ 12 O.MY MX 1/1 4/1 V MIDDLE EAST ran F TRANS SIBERIAN SFRViCfc hm kuuysun Bk| Afmte: migk rrawcli Tradta| (M) Mr M Pan Asia Line: ltd. COMTAMER SERVICE TO/FROM J
      361 words

  • Page 21 Advertisements
    • 790 21 The Straits Steamship Group m 1 11 r: •it* VICE TO/ ■If .1 Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT Pt&ASUS ran PEGASUS rat S>n 21/12 21/12 84/1 12/1 21/1 21/1 •5/2 12/2 22/2 a ONTAINERSHIP SERVICE FROM UK CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, STOK ki Nrt/lJ
      790 words
    • 726 21 Franco Belgian Services F+* X-a-a. :\«rrv:4 u-v;* y *w« >'jf I in/j MEMBER OF ACt CONSOR T IUM' fuii canwo sotwg 10 cuaow seven seas ms KOKMI IACEM amULOD trm FJta«isi*w»« fst»« hm rnm« m u* hw» rHnw uhmi pmmi $>»• 23 Ok 25 Ok 14 Im IS 1m 17
      726 words

  • Page 22 Advertisements
    • 465 22 JIG. LINE tout* iHtPPihC r,o*, FULLY CONTAINEPJSED SERV 1 C E 10 EUROPf VIA SUtZ Member ,h cf Conwrtwm &BF S>m fJUku 23/12 25/12 FROM FUROPf VIA SUf/ 1 A Memoer of the Ace Consortium FULLY CONTAIttRISFC 10 FROM NORTH AMfRl r A WfSf IUAS, CONVENTIONAL SERVICE To/From BUSAN f.
      465 words
    • 276 22 -V Kudan|/Slw/S«ft« Slw/Kiid*«/Sarfcei Kuchjnj/Siw/Sartei SENG HMG lnPt/19 Dec SENG HONG 21/22 Dec SENG LEONG 25/26 Dec *HtavyW opacity ib to 25T t*i I I. Si 1 THONG SOON AGENCIES PTE. LTD. 09-0 7 ROBIN A HOUSE S PORF 01 Ob TEL *****88 TELEX RS ***** BOOKING *****56 (DIRECT LiNEI SINGAPORE
      276 words
    • 373 22 Hapag-Lloyd TO CONTINENT/UK On carria|e to Scamflnavia, Med, Carribean IS. America Inland hadage to inland destinations n Europe TO EUROPE MED S>ra P JMto« ta| Irtmn C/l 1/1 10/1 fO USA CANADA 22/12 Eiptn 21/12 »/12 E*ms tt/12 »/U lay 7/1 »/l lay 7/1 VI 1«/1 11/1 t*n» a/12 11/1
      373 words
    • 667 22 o EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED./FE) ALSO ACCEPTMC CARGO Tfr 1) PROMDENCE KNAA* SAVANNAH. BOSTON PtMAOELPHM. NORFOLK. lACKSONVILE NAMBKTON ETC. 3) CUSTOM.. BALBOA PANAMA CITY COLON. SAN MAN. SANTO I 2) ATLANTA CHCAGO Of TWIT. CaUMBUS I OTHOt MAJOR KCIOMDQ OESTBMTKMS W KMGSTON 4) MONTREAL
      667 words
    • 210 22 mSINOSE MARITIME PTE LTD WW! ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES TO. *****44/7 I *****70 a PORT WLANG PfNANG KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC KYOWA OCEAN KYOWA BREEZE Snpport PlriMf Laadtai tar 10/1 P. Moresby, Lm, iayapwa, Papeete, Pa(t, Apia Lae, P. Moresby, Akrtau. Honiara,
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  • Page 23 Advertisements
    • 636 23 ?\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03 00 Singapore 0106 Tel *****33 KOTA WIRAMA KOTA ABACI KOTA WARUNA KOTA WISATA KOTA MCOAH EAST AFRICA/REDSEA SERVICES VOYAGE HONGKONG SINGAPORE LOADING FOR: W-431 14-15/12 lnPt-22/12 HODEIOAH. AQABA, PTSUDAN, ADEN, TAMATAVE E-539 23-25/12 29-1/1 HODEIOAH, JEDOAH, DJIBOUTI, MOGADISCIO. MOMBASA E-541
      636 words
    • 260 23 MALAYSIA SHIPPING CORPN. SDN. BHD. VESSEL VOY P.KELANG LOAOMG FOR KOTA BERLIAN 9/«4 Wt/21/12 KK/TWU/SKN KOTA BAHAGU 9/«4 21-21/12 KUC/KK/TW KOTA MDAM 9/M 22-21/12 KK/SKN/TWJ Agents SINGAPORE Pll IF I *****33 P KflANf. SFI AT AN AGENCY TFI 3880b6 *****3? Kl SELATAN AGENCY TEI *****9 ??681? PfNANG LFAN BEE CO
      260 words
    • 801 23 BEN LINE CONTAINERS EXPRESS COMAKER SERVICE TO/FROM EUROPE smuts TOEUBOrt STORE MUMS HSrCfTipreu 20/12 21/12 IMM Mara 21/12 29/12 VI U/l 22/1 10/1 4/2 14/2 24/2 Banartn 4/1 Ttka fip.ni 12/1 C»«t» Bit 21/1 Ouka Bar 28/1 Fianktort Eiprtu 5/2 IMm* lay 12/2 Haatwf Eiprrji 22/2 cum FROM EUROPE HAN
      801 words
    • 686 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINT Far East S'porc Service Fti Container Vessel. Bus* Vatahjnu Kobe HonfttntS port Tf Prat (M) MUMMBT »1S M IC/11 a/11 3/12 4/12 17/12 19/12 GOM 1.15 14/12 It/12 21/12 21/12 2C/12 21/12 EXPRESS SEMI CONTAHQI S (Mrt f KtfMf I'tai/MaiT-hn/l* B mw/Hlwi« wtrp 25/12 27/12
      686 words
    • 473 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION Loadni for Ranfoon Spore PKdanc taPl/17 Dec Sakd 25/26 Dec Myomaywa VS4N taPt/17 Dec Sakd Pa'an V 77 25/26 Dec Pajan VSI 29/31 Dec Phashwejyawywi V 248 1/2 lut Loadms for Rdam Hburg Antwerp Merpa V 6« 22/25 Dec 29/31 Dec 27/21
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  • Page 24 Advertisements
    • 1181 24 •S K LIN] —KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILi HTO VSL MOTKI kansaj men mi «ssa SPOK PKLG PNC SPOK KOH GUAYAGUL CALIAO MNCA IQUQHI AfACASTA J.ANTOWO NUMMO 21 Ok 290k 31 Ok 2 lan 25 lan 25 FA 2 Mar (Mar 9 Mar Hh 12"" 13 CENTRAL AMERICA/CARIBBEAN SEA fudovsi
      1,181 words
    • 603 24 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE IN** to. LOS ANGCUS SAW FRANCISCO SEATTLE TACOMA VANCOUVER BC AcceptFQ/FQ Cootamm AUSTRALIA EXPRESS CONTAINER SERVICE Accept** Fa/Fa Contjmers JAPAN SERVICE Nti Outi. Haji Nu cafe TanranS (mi ■I P KiUnj S«|vn Lm*( tar 21/22 Dec Ktht/Yrtt 11/12 \m KateTeAo INDIA SERVICE Shiptare
      603 words
    • 394 24 SANKD ASIA FROM JAPANESE PORTS AND HONGKONG GOLDEN LINE MM WAN $MPPMC(PTE)II» ■•Ml I«i rmw bt MM*. M C*d Start ■W tIM 1* ***** M (11 IKS) I* la* I■*» Mil t ami. rrnrntmm h» fatal «iwt on uon <M) a* m in. tun STRAITS/PERSAN GULF SERVICE: S port P
      394 words
    • 454 24 BREAKBULK SERVICE TO EUROPE/UK Vpart P. IMtlwßg tarTBKB BUM 23/12 SETE/Ut P9LUCE/CAIN/BOTT STAB MCTOM MS49I( 22/12 24/12 SCTE/ROTT/ABT/NA (MOM) SEAWOOD SHIPPING COAPOBATION S pore P JMhk Lm*B kr NORTHERN VMIEY 19/1 MM/IWiM/IWicw ■TUSH (FTC) Llf nXK 2248U BMTANC SHPMS CO WL M ***** C A <8* P.T. PERUSAHAAN PELAYARAN KALIMANTAN
      454 words

  • Page 25 Advertisements
    • 623 25 FAR EAST/EUROP€ FULLY CONTAINERISED SERVICE TO EUROfE/UK (VIA SUEZ): e' '*e »U C S.S. BUDGE WW+-. K lACEJN 27* TW BMNE 23* 0 CHEF A2W K CHANCE 20W HK CONTMO 43W. Abo acceptingcargoto/trom Scand,M.ia SS BMOCE SporeCtanglime ffibW-0100 23/12 FROM EUROK (Vl* SUEZ) 0 C»«F 41C HK CONTMO 42E. C
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    • 420 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN. INCHON NIPIIINI 41.1N01S Pit I 111 Ul *14 ***** Rnntmf. .'.V MO 1 .'O.V Oper stunts t 'IX .'.WB4 I.rnwuh "o.'isii ;\»n.'So4 us Mi i> I J.,|f«l HIN*S St ll* SON HMD HI tH *****(1 414
      420 words
    • 646 25 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SfftSOV BULOMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SMGAPORE Teiei Numbers RS ***** RS ***** RS 2510S f KELANC M/S SHARKAT MAN SOON SON MD IST ANO 2ND FLOOR. NO 1. IALAN CEMPENWG PORT KLANG. MALAYSIA
      646 words
    • 112 25 ahrenkiel liner service DURBAN JOHANNESBURG MAPUTO MAI IRITIt )S ,1 RFUNION WESTBOUND SIN LOUIS LADY DONA 24W 10.1.85 21 185 TBN 1W 31/1/85 EASTERN HARMONY 20/2/85 2/3 DURBAN BE IRA 26 1 85 19/2 25/2 5/3 (Contr EASTBOUND EASTERN HARMONY 15 12.84 21.12.84 7.185 Agents: Kim Shipping Trading Pie Ltd
      112 words

  • Page 26 Advertisements
    • 504 26 ICc<|i»iial Container Lines 3 Sailings Weekly Reliable Regular Punctual Berthing P S A 1500 Hrs Mon, Tues Sat I HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER I I.TR Hi: W N I in < \KKIKK SINGAPORE ISLANDS LINE S'part Load* tar 29/30 Dk Durban, PI. Tamative DSR-LIN VEB DEUTFRACHT/SEEREEDEREI
      504 words
    • 29 26 r FARGO SHIPPING COMPANY (PTE) LTD express container service Singapore Bangkok 3 sailings weekly 76 Keppel Roari 1/ 07 Taniong Pagar Comple« Singapore 0208 Tel *****77 *****88 K *****52
      29 words
  • Page 26 Miscellaneous
    • 164 26 Regional Weather m <? N 7WA S3 ifr 3! I fl LL3 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm direction with speed ,n knots y Shower Rom Wove height O Cloudy Sky Surface winds ore indicated by orrows which fly with the wind One full
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  • Page 27 Advertisements
    • 167 27 SEA EXPRESS LINE REGULAR SAILING TO MDIAN PORTS Slk EXPKSS I SEA EXPRESS I SEA EXPRESS 5* EXPRESS (V SA EXPRESS V SEA DRESS X SEA EXPRESS II SEA EVKSS 0 LINK SHIPPING AGENCIES PTE TEL *****16 7 8 TELEX RS ***** LINKSA Lm*« Far BOMBAY/MADRAS MADRAS/BOMBAY CALCVTTA/COLOMO E/WJMLATSM (CONTJOm
      167 words
    • 193 27 Scan Dutch V K23&H To Europe (Med/UK/NC/Scan) 3) HAMBURG 4) GOTHENBURG To Red Sea Mediterranean FEEDER PENAHG Anson 2/1 Anson 6/2 FEE P. KELANG B Butang 28/12 B Butang 8/2 SINGAPORE I N Van Diemen Scan Dutch Concordia From Europe Also Accepting From Red Sea/Med. FEEDER PENANG (1) Borcelorto, Genoa,
      193 words

  • Page 28 Advertisements
    • 17 28 For further information or enquires: Keppel Wharves *****76 Jurong Port *****66 Sembawang *****11 Pasir Panjang/Marina Wharves *****77
      17 words
    • 257 28 P*lk>pcrt.papk* re w s Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER ASTRA PEAK GRETKE OLDENDOLF OCEAN ELITE WEST AFRIC NEDLLOYD MADRAS 25 Dec Port Louis, Reunion 6 Jan Mombasa Daressalaam. Matsamudu. Zanzibar 11 Jan Mombasa. Daressalaam. NEDLLOYD MADRAS 7 Jan Monrovia. Abidjan. Apapa. Douala. Tema Also Accepting Contrs to NOUAKCHOTT CAPE
      257 words