The Business Times, 8 February 1984

Microfilm: NL14358
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 WEDNESDAY, FEBRUARY 8,1*84 60 CENTS
    11 words
  • Article, Illustration
    Wee Kim Wee to be SBC's new chairman
    257 1 MR WEE Kim Wee, Singapore's ambassador to Japan, has been (ricked to replace Mr Wee Mon Cheng as the chairman of the Singapore Broadcasting Corporation. Mr Wee, 68, was Singapore's High Commissioner to Malaysia from 1973 to 1960. Prior to that, he
    257 words
  • Article
    Local contractors sending mission to HK and Taiwan
    224 1  -  By LIM SOON NEO THE Singapore Contractors Association Ltd will be sending a mission to Hongkong and month to find out more about skilled construction workers thane. Now that skilled workers from these two countries are re-classtfled as traditional source workers, local
    224 words
  • Article
    High-tech prawn plan hatched
    335 1  -  Tenders out for scientific farming methods By BOEY KIT YIN SINGAPORE'S first prawn hatchery lots are out for tender in a bid by the Government to promote the country's self-sufficiency in agricultural items. Tenders were invited in midJanuary for the development of any of the two
    335 words
  • Article, Illustration
    Dr Goh ploughs through PPD data
    451 1  -  By LOH HUI YIN DR GOH Keng Swee, who is now in charge of the Primary Production Department, is sudying the work done by the department. Since his appointment to the Primary Production Department (PPD), on Jan 6, the Deputy Prime Minister has held
    451 words
  • Article
    No contact with Palapa B2 satellite
    212 1 INDONESIAN telecommunications officials in Jakarta confirmed yesterday that they could not contact the Palapa B2 satellite which was launched by the space shuttle Challenger on Monday. They added that the loss of the US$3O million satellite is a disapointment but that it will not
    212 words
  • BRIEFLY...
    • Article
      A final bonus?
      90 1 THE NTUC will try to get certain workers to retire on the last day of the year so that they can enjoy their 13th month pay. These workers whose birth certificates show only the year of their birth, now retire on Dec 30. Therefore, they do not
      90 words
    • Article
      US admiral's visit
      69 1 ADMIRAL William Crowe, Commander-in-Chief of the US forces in the Pacific, paid a courtesy call on Prime Minister Lee Kuan Yew at the Istana yesterday. Earlier, Admiral Crowe called on the Defence Minister, Mr Goh Chok Tong. The Chief of General Staff, Major-General Winston Choo, was also
      69 words
    • Article
      Lock icon Andropov recovering
      78 1 Reuter A SENIOR Soviet spokesman has said President Andropov was recovering, but he did not specify what the Soviet leader had been suffering from. Leonid Zamyatin, head of the International Information Department of the Central Committee of the Soviet Communist Party, had been lecturing to a Finnish peace
      Reuter  -  78 words
    • Article
      Lock icon Plan to raise rates
      96 1 Reuter JAPAN'S Ministry of International Trade and Industry said it plans to raise export insurance compensation rates in view of growing rescheduling risk in some countries and to facilitate exports of industrial plant facilities. This applies particularly to South-east Asia and the Middle East. Subject to
      Reuter  -  96 words
    • Article
      Lock icon Economic growth
      66 1 AFP A RANKING economic official has predicted that Taiwan's economic growth rate this year will be higher than the recently projected 7.5 per cent. Yu Kuo-Hua, chairman of the Council for Economic Planning «nil Development, said he based his forecast on the assumption that the US economy would
      AFP  -  66 words
    • Article
      Lock icon Israel refuses aid
      74 1 AFP ISRAEL yesterday refused military or other aid to President Amin Gemayel of Lebanon, and said it would not intervene in the civil war raging in the country. Israeli National Radio in Jerusalem yesterday cited sources close to Prime Minister Yitzhak Shamir as saying that a special
      AFP  -  74 words
    • Article
      Walking freely
      49 1 AMERICAN astronaut Bruce McCandless became the first man to walk in space without being attached by a cable to his space craft at 1310 GMT yesterday, said a report from Cape Canaveral, Florida. 47-year-old astronaut left the hold of the Challenger shuttle wearing only a jet-propelled backpack.
      49 words
  • Article
    Wall St fall may not hit local market
    140 1 Wm the New T«k stock It Is, aMagMeeaT Investors are Jenes* bdMtriaT W stasia* MV.V, JssV^a Ugh st 1&1 M, the Wall Street snrket has Isst mm 111 psMs sr ahsat per es* sf Its aggregate valae based sa the etestog sf
    140 words
  • Article, Illustration
    Cord-Fareast set to capture pipe sector
    544 1  -  By JOANNE YAP FIVE thousand tonnes of pipes will roll off the production lines of CordFareast (Pipes) Pte Ltd each year when the $17 million Joint-venture starts operation this month. Although this amount is only a fraction of the total quantity of pipes that
    544 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      228 1 I HIOA BUSINESS SYSTEM information Processing with Microprocessor Technology Computerized Accounting Software S£E MOV CHAN GHOUP 9.nfl«por«t»l *****62/4 K.L t«i 03-*****0 Ptnang t«i 04 *****9 THE Federal Reserve Board has set new targets for the US money supply.... Page A BOOKLET published by the Japan Overseas Enterprise Association may help
      228 words
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      Page 1 Advertisements Column 2
      30 1 the latest /> Crosstradition IS a perpetual INCE 1848 Sote Agents MALKO OMRAL AOMCtCS (S) FTL LTD. 6th Storey, Inchcape House, 450/452 Alexandra Road, Singapore 0511. Tel: *****88, *****19. rr 2/8/84
      30 words
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      Page 1 Advertisements Column 3
      0 1 */,(:|]@)|_<'",^%/`)@&[',}]"?`,
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      Page 1 Advertisements Column 4
      196 1 Soto Agent: «-Q. Parrvtt ton (Pt») Lid. SERIES FT3OOO FT 3050 *A The new compact copiers from Ricoh. The series FT 3000 range of compact copiers can meet the needs of any office, large or* small. FT 3050 is furthermore capable of producing reduction and enlargement copies, a feature usually
      196 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Fed sets new targets for money supply
      516 2 UPI THE Federal Reserve Board on Monday announced a new set of targets for the US money supply that are consistent with slower economic growth, though they are little changed from the targets that helped foster the present economic recovery. The most popular
      UPI  -  516 words
    • Article
      Lock icon Bundesbank may not tighten monetary policy
      382 2 Reuter GROWTH of West Germany's central bank money stock gathered fresh momentum last month, but was not enough to provoke a Hght»n<n g of monetary policy, private economists and banking sources said. Bundesbank figures for the money stock are not due until the middle
      Reuter  -  382 words
    • Article
      Lock icon Feldstein says dollar will fall
      62 2 Reuter TUB tmĕmm* vatee «I Iks 08 Mlar wlB martially tell, Marite PeMatete, man at PraMeat Reagan's CmumU el mrnrnamtrn iMaets,aaU. tottetanMpi that"*»' eanii"!*'' pro Set when ar hew teal tee Mter He aaM that Ike preseat the* wwrkn'flaMh «Mkiulaw wantejaatto llprivate "Thai the Mter
      Reuter  -  62 words
    • Article
      Lock icon Bankers debate relief for states with bad debts
      393 2 Reuter THE Bank of England's governor and a top commercial banking representative on Monday night disagreed at a banking forum on whether direct investment and interest rate relief could help debt-troubled countries. In remarks prepared for delivery to the Overseas Bankers Club,
      Reuter  -  393 words
    • Article
      Lock icon Caracas fires bank governor
      77 2 Reuter VENEZUELA'S new president, Jaime Lusinchi, has dismissed central bank governor Leopoldo Diaz Vruzual. A presidential decree named Benito Raul Losada to the post. Mr Lusinchi, who took office last Thursday, has said that Mr Diaz Vruzual was an obstacle to his economic plana and to
      Reuter  -  77 words
    • Article
      PLR
      22 2 THE average rate at which major Singapore banks are currently prepared to lend to their beet customers is 9.125 per cent.
      22 words
    • Article
      ASIAN $ RATES
      169 2 ASIAN RATES ASIAN currency deposit Interbank rates as at 5 pm on Feb 7: UIMhn Oflbr BU 7 days 1 month 9* 9* 2 months 13/18 9 U/10 3 month* 915/18 9 13/18 months 101/1* 913/18 months MM* 1044 12 months 10* 10* Dm Sw-Prm. /MUiL r 1 1 month
      169 words
    • Article
      Discount
      41 2 RANGE of prfc often id by dlscount bourn oa Feb 7: Overnight > Call depMtta: 1-1 cu« 3-month •■yt* Treasury bills 2* 5-month Bank bills 713/10 711/1* 3 months CD 7* 7* a months CD 7% 7K Source: National Discount Co
      41 words
    • Article
      Hongkong
      123 2 THE US dollar yesterday closed above New York's level but was down from the day's high because at renewed selling after the European opening. It closed at 2.7610/30 marks against an early 2.7645/52 and the US close oi 2.758/7UO, and at 2310/75 yen against 231.70/80 and 233.55/C5. i The
      123 words
    • Article
      Singapore market
      468 2 TRADING was thin yesterday (or most major currencies except the deutschemark and sterling pound. Uncertainty over the economic recovery of the United States and the interest rate trend prevailed. The US dollar opened higher than Monday's closing at 582.1300 against the local unit. Trading was quiet and it
      468 words
    • Article
      London
      70 2 THE renewal of concern about a flare-up of hostilities in the Middle East following fighting overnight in Beirut boosted the dollar to a sharply stronger opening in London yesterday. Opening quotes yesterday: US L41I7/57 Can 1.700/95 CRM LMR/C DMk SJW/M DFI 4.4H5/41JB SFr *****/75 B FY ro« 7I.M/1MB FFY
      70 words
    • Article
      Tokyo
      194 2 THE US dollar dosed little changed at initial gains on leuewtd tensions in the Middle East were pared by position adjustments towards the close. "Some operators bid up the dollar initially, but later gave up the attempt when others didn't follow," one dealer said. The dollar rose to a
      194 words
    • Article
      Gold
      287 2 THE GOLD market opened in Singapore yesterday at the day's high of U*****.50/380.00 and eased quietly to the day's low of 8378.00/***** on overseas and commission bouse selling. It recovered to dose the morning session at. 8378.50/379.00. The market reopened at 8378.90/379.40 in the noon and traded ■ImWssly around
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    • Article
      Silver quotes
      23 2 M Ttan NtwYotfc IW UB 1« fuM ma im 1« SJH UK flW« MM 1MB (MartakOIMn —in Source: Credit Suisse, S'pore.
      23 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      79 2 SUMPTUOUS CANTONESE CUISINE TO WELCOME THE LUNAR NEW YEAR Visit the Summer Palace for a feast this Lunar New Year. The finest dishes have been specially created for the occasion. Prosperous Raw Fish, Braised Boiled Abalone vbith Ee Yi. Braised Sharks' Fin Soup with Crab Roe. And more. Make your
      79 words
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      Page 2 Advertisements Column 2
      124 2 High technology in its noblest form brHuo The uMmato in tfwvlng freedom you chooaotoshomwllh or wHhoul coid, it automaOcaly «4wls tor um anywlMra In mnrirl in me wono. ThetJraun micron 2000 universal represents the state of the art in electric thaver technology. You can uae it as a mains shaver,
      124 words
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  • HOME NEWS
    • Article, Illustration
      Sperry to set up $3m software centre here
      459 3  -  ■y LEE HAN SHIH AMERICA'S Sperry Corporation yesterday made its most aggressive move to date to penetrate the Far East computer markets. -It announced the investment of SI million to set up a software development centre in Singapore, to be followed by
      459 words
    • Article
      Prima planning to develop more real estate
      308 3  -  By LOH HUI YIN FLOUR milling group Prima Ltd plans to develop more real estate following th* success of its first property project here. "We are certainly looking into this although the cotepany does not have a land bank at the moment," said
      308 words
    • Article
      Sri Lankan team here to study environment
      261 3 SHI LANKA is getting ideas fropp Singapore on bow to run its public awareness programme on environmental management and protection. Three Environmental Promotion Officers (EPOs) from the Central Environmental Authority of Sri Lanka are here on a oneweek visit to meet local Ministry
      261 words
    • Article
      Boost for two local advertising agencies
      271 3 A PARTNERSHIP agreement between BBDO International Inc and the Japanese Asatsu advertising agency may reap larger Japanese billings for two Singapore agencies. Batey Ads (Pte) Ltd and Gartsbore Kerr A Lim Pte Ltd will now be linked to a US-Japan agency network. BBDO bolds
      271 words
    • Article
      Rough road ahead for refiners, says Shell chairman
      218 3 THE CHAIRMAN of Singapore's largest oil refinery has said that the years ahead will be difficult for the industry. But with greater efficiency and productivity, Mr Dick van Hilten is confident that Shell can face the future with "quiet optimism". Mr Van
      218 words
    • Article
      Kumamoto seeks direct SIA flights
      159 3 A 23-MEMBER delegation from the County Council of Kumamoto Prefecture of Japan leaves the Republic today after a three-day visit, which included talks with Singapore Airlines on the possibility of introducing direct flights to Kumamoto. Business Times understands that, as a result of the visit,
      159 words
    • Article
      Talk on basic accounting
      59 3 PHILIP Loong, an accountant and chartered secretary, will be giving a talk on basic accounting at the Singapore Professional Centre today. Management accounting, financial accounting, cost accounting and public accounting will be discussed. Mr Loong, honorary treasurer of the centre, is also chairman of the Singapore
      59 words
    • Article
      Companies should establish press clubs
      164 3 PRESS clubs should be set up in companies and organisations to ensure a smooth and accurate flow of information to the public. Through such clubs, rapport can be established between sources and reporters. This would allow the reporters to give in-depth coverage of news instead
      164 words
    • Article
      Peculiarities of working under the Japanese
      407 3  -  By CHUANG PECK MING A SLIM BOOKLET published recently by the Japan Overseas Enterprise Association (JOEA) may help to clarify some of the common management peculiarities pnyrH«g Singaporean employees in Japanese companies here. JOEA's chief representative in Singapore, Mr Shoichi Tsuji, told Business Times
      407 words
    • Article
      TRADE TALK
      171 3 SPERRY, a US-based computer systems manufacturer, recently delivered its I,oooth specialised data communications processor, the Sperry DCP 40, to the Singapore office of the world's largest airlines network. SITA (Societe Internationale de Telecommunications Aeronautiques) is installing two Sperry DCP 40, worth US$5OO,OOO, in Singapore as part of its
      171 words
    • Article
      Nussu questions bias towards graduate mothers
      381 3 THE National University of Singapore Students' Union (Nussu) has expressed concern over the Ministry of Education's new system of priorities in the admission of children to primary school. The overriding feeling at the press conference led by Nussu's president, Mr Simon Tay, yesterday was
      381 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      235 3 I A T E OCCUPATION i mt (ONLY SIX UNITS LEFT) Ihe medical clinics at Parkway Parade are NOT converted shoplots. They are part ot an integrated Medical Centre, designed with professional advice. An important feature is a diagnostic centre, with facilities for X-rays and a wide range of laboratory
      235 words
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  • OVERSEAS
    • Article
      Lock icon American budget deficit may soar to US$326bn in 1989
      521 4 Reuter THE United States' budget deficit could soar to U***** billion in 1989, nearly three times President Reagan's estimate, unless budgetary policies are changed, the non-parti-san Congressional Budget Office (CBO) said yesterday. In its economic outlook report, the CBO said that
      Reuter  -  521 words
    • Article
      Lock icon More financial aid to Manila sought
      307 4 Agencies THE Reagan Administration has asked the US Congress for a 31 per cent increase in US wwwHa» aid to the Philippines as part at an Asian assistance programme that cites a growing communist military threat to the area. "The Soviet Union, North Korea
      Agencies  -  307 words
    • Article
      Lock icon Threat to cut US defence budget for '85
      362 4 UPI REPUBLICANS and Democrats alike on Monday threatened to cut the Pentagon's proposed US$3O6 billion budget (or fiscal 1985 because they said the US "cannot afford" President Reagan's entire defence request. US defence secretary Caspar Weinberger appeared before the Senate Budget Committee
      UPI  -  362 words
    • Article
      Lock icon EEC recovery still fragile despite bright outlook
      264 4 Reuter EUROPEAN Economic Community finance ministers have voiced satisfaction over the bloc's improved economic outlook but warned that recovery remained fragile. European Financial Affairs Commissioner Francois-Xavier Ortoli told the ministers meeting in Brussels that expanding world trade and higher investment expectations this year
      Reuter  -  264 words
    • Article, Illustration
      Lock icon French farmers fuming
      121 4 BON veyage... bat these Bwwh fanner* Oi mat gather at the pert ef Le Havre to eeai aayaac e(L Oa the ceatrary, they were there ea Maaiay to hlaek the harhaar ea traaee aa< cheek J the cm tents ef all BrMeh lerrtee arrlvtag by ferry. eeeaee
      UPI picture  -  121 words
    • Article
      Hongkong must have 'hope'
      288 4 NOTING that Hongkong has become a fertile ground for rumoura, the Economist Intelligence Unit (EIU) has cautioned against the British colony "talking itself* into a crisis. But the EIU points out that the existing economic links between Hongkong and Qiin* are a source of optimism that
      288 words
    • Article
      Lock icon Oman cuts oil price
      157 4 Reuter OMAN has introduced a new crude oil pricing formula, effectively cutting its price by 45 cents a barrel to U5528.55, Petroleum Intelligence Weekly (PIW) said. The formula assumes Oman's crude output is a mixture of 70 per cent light or 34 degrees gravity crude priced
      Reuter  -  157 words
    • Article
      The daily Aircraft
      83 4 Schaduia has baan hald ovar. Flight information can ba obtainad by ta*aphona from tha airport (*****34/*****») or from tha raapacthra airttnaa: Tal No: BIA *****83/*****44, Garuda *****54, MAS *****45, CPA *****55, Qantaa *****44, BA *****55, KLM *****42/ *****44, JAL *****44/55, UTA *****2? Information on othoro can bo
      83 words
    • Article
      Beirut falters as Syrian-backed troops push on
      370 5 THE government of Lebanese President Amin Gemayel appears to be faltering as Syrian-backed militiamen have driven his troops out of most of their positions in west Beirut in heavy fighting. Israeli officials said Mr Gemayel's position appeared to.be weakening as shelling and machine-gun
      370 words
    • Article
      Lock icon IMF chief defends Third World debt crisis cures
      501 5 AFP IMF managing director Jacques De Larosiere has delivered a sharp rebuttal of recent criticism of the cures prescribed by the International Monetary Fund for solving Third World debt crises. Dismissing contentions that the Fund's policies are "too restrictive, too standardised, and
      AFP  -  501 words
    • Article
      Charting progress of Colombo Plan
      332 5  -  By PENG AILIAN THE Colombo Plan has come a long way. From Its inception in 1960 up to 1961, about US$65 billion worth of technical and development assistance had been given out to member countries. Over the same period, about 160,000 scholarships wpre granted for
      332 words
    • Article
      Lock icon More Asean tourists visit Indonesia
      178 5 AFP A TOTAL tt *44,2(2 tearists visited ladsaesia last year, aa iaereaae ef 7.7 per eeat •ver 1182, the Jaaaary balletta 9t the Ceatral Statistics Bareaa la Jakarta reported. The taarists speat altogether U*****.4 mllHsa, compared with the p(2i rniinsa speat by the SKjm visiters
      AFP  -  178 words
    • Article
      Lock icon Poor states now pay more for what they get
      511 5 AP, UPI POOR countries are paying back more to the wealthy ones than they are getting in loans, reversing a long-term trend, the World Bank said on Monday. Its latest tabulation shows that last year, all poor countries paid out US$ll
      AP,; UPI  -  511 words
    • Article
      Lock icon UN panel debates tranquilliser curbs
      204 5 Reuter THE United Nations Commission on Narcotic Drugs (CND) opened a week-long special meeting in Vienna on Monday that could usher in tight restrictions on the manufacture, trade and use of the world's most commonly used tranquillisers. The CND, the major UN policy-making body on
      Reuter  -  204 words
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      61 4 0 Occupashin About half of the readers of Shin Min Daily News ate blue collar workers. About half of the people of Singapore work in blue collar jobs. This is the half that has the most rapidly improving standard of living. m 12K est —SA SHIN MIN DAILY NEWS (S)
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      0 4 >\])=%`'/~~<">^*&$_)@{/?<"'/([<
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  • Page 5 Advertisements
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      50 5 V SN uapancst; cuisine m uie p|TVTp. A' I '111 Shima will bring you 1 JLr IUL X X ll# back again. For more. SHIMA. AND CHARM ALL THE SENSES I A v>g Shima Restaurant Carlton Lounge RESTAURANT wiisaai !r*gji Goodwood Park Hotel 22 Scotts Road Singapore 0922 Tel *****81/2
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      Page 5 Advertisements Column 2
      285 5 BEHIND AN M EVERYDAY I SECRETARY IS AWONDER-jg WOMAN 1 Compucorp AMPLIFIES THE POWER OF A SECRETARY V* ft A FULL RANGE NOW AVAILABLE Model 795 Winchester based system with one 15MB Winchester Disk Drive expandable to 45M8. With one 655K8 floppy drive and 192K memory i; V. m V
      285 words
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  • Article
    If there is a will. . .
    455 6 If there is a will. IT WAS not so long ago when manufacturers bemoaned the lack of supporting industries in Singapore. And at the time, some quarters pointed out that it was a chicken-and-egg problem. Which comes first supporting industries to attract investments or investments to justify the existence of
    455 words
  • Article, Illustration
    Lock icon Electronics in Asia: a fair share of the pie
    1067 6  -  By DAUD MUSTAPHA Bernama IT all began with cheap and simple radio sets assembled from imported components in places like South Korea and Taiwan. From that modest beginning in the late 1960b, the trade in electronics has become a major source
    Bernama  -  1,067 words
  • Article
    Lock icon Sultans meet tomorrow to choose new king
    499 6  -  By PETER SPENCE AFP MALAYSIA'S alae hereditary saltans will meet la Koala Lam par tomorrow ta ehoooe the federattoa'a eighth Mag ar Yang Pertaaa Ageag. They will gather aiaae la the king's palace nad will pick the aew raler tram amaag their raahs
    AFP  -  499 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      201 6 How Asia 9 s Business Five days a week, Asia's business leaders rely on The Asian Wall Street Journal for timely and objective business news. With reporters based in countries, it's the only regional daily business publication. And only The Asian Wall Street Journal shares the worldwide editorial resources of
      201 words
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      Page 6 Advertisements Column 2
      24 6 the great books For those interested in Intellectual Enjoyment -443 great works by 74 authors in 54 volumes Call STP Distributors Tel No: *****44/*****28
      24 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      665 6 c SINGAPORE 5 5 9 AA BftJ AJUJ BagMaAMynA Utj4JU4l4# 1111 3.00 m Upentif km nopnnw iifnftfnts tmowm oy Hotel (Mandarin with English subtitles/r): Soap opera about the Chens and their hotel business. 4.35 Exercise with Gloria 4.55 The Animal World Junfie Hunters (English) 5.20 Romp 5.50 Home 6.10 hop
      665 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      653 6 CRYPTIC PUZZLE ACROSS 1 Discard a piece (5) 6 Arrest for a minor assault (5) 9 If you lack inward vision, beware (4, 3) 10 Shoot in the spine? (5) 11 A brave trophy (5) 12 It's short, but newsy (5) 13 The dog gives Les pain (7) 15 Sort
      653 words
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  • Article, Illustration
    Lock icon Japan to face major US trade offensive
    945 7  -  The US, at Japan's biggest export market, suffers more than most countries and its trade deficit with Japan was a record US$lB.l3 billion last year. There are also signs that Japan's exporting success could become a major issue in the forthcoming American presidential
    Reuter  -  945 words
  • Article
    Lock icon The war for Warner tests the tenacity of Rupert Murdoch
    1178 7  -  By SANDRA SALMANS NYT IN in one of his own tabloids, the story might be headlined: "Murdoch stumped!" Rupert Murdoch, the Australian publisher who is trying to gain control of Warner Communications Inc, has seen his bid checked by a
    NYT  -  1,178 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      170 7 r s I /j ff ■i R M > fr \y > I n f r P n I )U REGISTERED > Drexel Burnham Lambert A *****678 Singapore ft 100% DUE 1984 Issuing You Season's Greetings and A Healthy and Prosperous Lunar New Year ONE THOUSAND GOOD WISHES AN^^u^cVU^/ti^ NIT
      170 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      246 8 Where to wine, dine and entertain The total card that incorporates the features of a credit card, charge card,chequ > w hitimT /«M i: v The total card that incorporates the features of a credit card, charge card, cheque card, cash card and purchase card neatly into one. Call Julia
      246 words
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      Page 8 Advertisements Column 2
      203 8 She's entertaining. She's dramatic. She'll swing you into song one minute, move you to tears in the next She's versatile pianistvocalist EJ. Manning. Don't miss a single performance. OenturyPuk Nasaim H* Singapore 1025 Tet *****77 Tele* CPHSrflfe *****&RS ***** Operated by: ANA HOTELS NTERNATIONAL MERMfIIB W Presents APjERIMENT 3 -v
      203 words
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      Page 8 Advertisements Column 3
      258 8 Normal days: 10 am to 12 midnight Fri, Sat eve of Public Holidays; 10 am to lam Other hotel facilities Coffee House Chinese Theatre Restaurant Nile Club Indonesian Continental Restaurants SINGAPOREg £J renin to fa note/ 3 Cohman Street Tet *****91 Charge into cpLflZfl STfflKtlOUSf for a Mongolian i üßarheqiic!
      258 words
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      Page 8 Advertisements Column 4
      242 8 Chinese New Year is grander and livelier at the Hilton. Therell be sumptuous feasts of traditional festive dishes. Raw Fish and "hong baos" throughout the IS days of celebrations. Come join us this festive time. yo W n }i! HUON MTERNftTIONAb *Qopacabana iffievue from AustraSa Jan 30 Feb 19 IN?
      242 words
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      Page 8 Advertisements Column 5
      161 8 Daily Buffet Lunch at COFFEE GARDEN Cut t Pdf Sparf? ,t)S. V<im .'U'l.] Rojst I ~q L .i" rj mj-i,, "vt--12 noon 2:30 pm Adult: $14 Children under 12: $10-* -my. 5S B i SSS '■..vrf For reservations, please call *****22 ext 142/917 6c direct line *****42 a »s#) <
      161 words
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  • RAW MATERIALS
    • Article
      LONDON MARKETS
      603 9 COiTEE: Robusta futures yesterday ended near the morning's highs, with gains from the previous close of £14 to £5 a tonne. Turnover totalled 1,793 lots including 583 crossed trades and three options. BD6AB: Number Four raw sugar futures traded at session lows at midday yesterday, posting losses from
      603 words
    • Article
      PALM OIL
      110 9 THE MfJaysiancnide palm oU market yesterday firmed on speculative buying interest, following higher p»i™ oil fu"^008 M* 3oo to M* 2 7 tonne, while in March to 120 Aprt l «outh and central traded at MH.650. RBD palm oU and olein in April rise US$4O and US$2O respectively
      110 words
    • Article
      Lock icon Philippines' coffee exports
      86 9 AFP WESTERN Central Philippines will be exporting an initial 120 tonnes of robusta coffee in March. The area has been planted so far to 1,000 "hectares under the encouragement of the Agriculture Ministry which also introduced the pi»nHw g of black pepper along with the coffee. Plantations
      AFP  -  86 words
    • Article
      Produce exchange
      159 9 CHINESE Prsdaee Exchange, Hlsgapei ii, elselag pried per 1M kg yMteHflj* Cie—st sll: Bulk fob $208.00 sellers, old drum (in second hand drum) fob $221.00 sellers, new drum fob $225.00 sellers. Cspem: Mixed (loose) $120 buyers. Pepper: Muntok white pepper fob Asta NLW $655.00 sellers, Sarawak white pepper
      159 words
    • Article
      SOYBEAN
      101 9 SOYBEAN futures in Chicago on Monday closed 10 to three US-cents a bushel lower in active trade. March traded in a 19-cent range. Prices fell earlier in the session as traders followed lower currency and metals futures in a market that lacked conviction. The March contract tested and then
      101 words
    • Article
      WHEAT
      117 9 WHEAT futures In Chicago on Monday closed 3V* to one US-cent a bushel lower in moderately active trade. March traded in a 4 -cent range. Prices hovered near contract lows through the day as weaker currency futures and weak soybean prices weighed on the thin market. Buying of new
      117 words
    • Article
      RUBBER
      263 9 THE RUBBER market in sißpn»»» yesterday closed slightly lower with February One RSS buyers quoted at 29.00 cents per kilo, down 4.50 cents from Monday's dose. The morning «ion was marked down 3.75 cents on stale Hqi«M«n«| »—i cheaper offerings of February One RSS. Prices lost a further three-quarter
      263 words
    • Article
      RAS PRICES
      333 9 RAS prices In canta par kilo yatterdajr: (par kilo) Buyers Sellers Qoaa (per kilo) Buyers SaOara Ibl 1 R-S.S. prompt f.o. Iat 1 RSA February IbL 1 RAS. March lat I RAS UK/Coat Iat. 3 RSS. UK/Coat Iat. 4 RAS. UK/Coat Iat. 5 RS.S UK/Goat CMaitaaa: QriMud b
      333 words
    • Article
      CLOSING PRICES
      29 9 Rubber; Feb 7 i 239.00 orate i (down 4.50 cents) Malayaia: February MlJtO orate (down SJSO cents); Tin: I per kilo (radumged) 280 tonnes (up ISO tonnes)
      29 words
    • Article
      Straits Tin
      61 9 THE Strata tla price tai PHif yevterfey heli at the RA lifer level M$2».lS a kOe, nfleettig a eeatiaalag leek ef 4eihmmL The Mbr steek ■hm|i> »gafti M»> tared ee the malar hf»i tekleg the talk ef the igji afceerhei e emsU Tm—yet reee lie 259 teaaee ina
      61 words
    • Article
      RICE
      225 9 BINGAPOBE: Yesterday's closing prices in S| per kilo, ex-godown: THAI WHITE: 100 per cent first clan (Kangaroo) new crop 1.06, 100 per cent second clan 0.82, 100 per cent third clan 0.78, 25 per cent new crop no stock, B--10 per cent no stock. THAI BROKEN: A-super 0.63, Special
      225 words
  • INTERNATIONAL STOCKS
    • Article
      Paris
      122 9 FIB M m COKBKILLE GROUP B Camfour IMS -M -M LUnlon «7 -U Aqultidn* Nat 307 Latera* 321 Mo*-ll«ninwj MM •15 1 -IT S N OtnU Dum -IS Pwunja 91 Radtouchnlque T7» -U -11 r 3 r fTTtuiuuii egLy Credit ftaetar JWJO -ITS GROUPC at 3M -1* -U ■SEE-
      122 words
    • Article
      Frankfurt
      5 9 i.I 1 wB [s*
      5 words
    • Article
      Brussels
      50 9 rn m rn Or Bra Lamb an roiWAID MAUIT Petro MO >10 Ryi Dutch ma AfkM Aatnr i3M -m on Bait mi m 75 »J5! 55 *,5 ssr Da Ban HM -46 217 4-4 m Z3M -40 V Mont 41* -so CASH MARKET ON -40 m -a ssoo -a
      50 words
    • Article
      Amsterdam
      119 9 FES m ABH Fto -IS •19 Ahold muz SS Akaa lisji -ff AMBV i^t 42 Amfmi L. 1*MJ9 -4J Aauotak 74J0 hrk 4MI -j Mai. MUO -42 Bocaumll Boaka mm M -J -2.7 Burtet otaim 6M0 mm -4 .1 f rs>i. 20JO -2 MIMtl MJi -2 Datrttr MM9 -I»
      119 words
    • Article
      LONDON STOCKS
      798 9 SHARE price* were marked down initially yesterday after Monday's sharp Call and the renewed weakness on Wall Street But early seDing Interest was minimal, dealers said. ICI was Cp off at 986, Glaxo fell Isp to 755 while Bowater and Plessey were lOp and 8p lower respectively- RUBBER
      798 words
    • Article
      Zurich
      171 9 FSB M Franca Action* Mm JUJO Ahmrtaai Br. *U -4 Alusulaw Rag. M -l Brown Bowarl Br. 1440 -M SSSSfcrziffi! i §SS.°!B-t=a :S grwrnai— Bf «M -l IMtrontt Br. mo ad Oaocga Flachar Br 1» .17 CHobus Pc sm -t Haro Br. SMB Hoffman La Roche I/M ***** -laa
      171 words
    • Article
      Milan
      98 9 ra M LXrt w—to0 mm ouch Bel 7X18 -MM CnMi CM 1W -a Cood Acqu* Root Krtdanla «M3 «a flat Ord an 1M Ommll M 4-1W om mo +m in w» «1« InvMt m ItafcaownU CM flW +MW IW|U (M -li UfMtt Ord M -MM Medlobencs MHO -Hi If
      98 words
    • Article
      Stockholm
      47 9 ma i Alt* Lral B FM m T Astra B Ftm m ui ach Atlas Copco fl»MB B PTM m -i SM 1 SB -1 SM MT 2 t S 1 t i Ski B Ftm Volvo B Frw OB -1 5 Source: S E Bank
      47 words
    • Article
      Lock icon Dow suffers heavy loss
      774 9 NEW YORK Reuter CONCERN that the Federal Reserve Board may decide to tighten its monetary policy caused the New York stock market to suffer its biggest loss in more than a year on Monday as the Donr Jones Industrial Average fell nearly 22.72 points in heavy
      Reuter  -  774 words
    • Article
      TORONTO
      50 9 r—tt I tS5B Don Tmr Doom Ml m* IT raleb Nick Oraatar Ot «M Lite Ot YtUow Knfo Oulf OU Can Hulling. Hod Baj Kin Imp OU tnt Pro* Ptp* Int Uta InU Nlektl 9i -a I71B unci OK 1«« one 1MB nod m unci mt M« 1**. t!
      50 words
    • Article
      JOHANNESBURG
      141 9 m oneh ■0 unch S unch M -90 m -t MM oaeh CM A Cwrtt rtnanc* unch m r3v£lk rrntt m unch H unch Htr* Id Ub Hold* 198 -W Lonrho m -s M And B M9 unch McCarthy 10 g»yh M»Wll 4-10 MMu NMHMk K -5 ITS unch
      141 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      6 9 See page 11 for Asian stocks.
      6 words
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      Page 9 Advertisements Column 2
      90 9 J "Happiness, Prosperity and Longevity Yu Shera* f V 4 JT J n s Celebrate the auspicious Year of the Rat with our sumptuous "Happiness, Prosperity and Longevity Yu Sheng". Plus a feast of other delicious dishes specially prepared by our master chef for this festive occasion. Bring your family
      90 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    3077 10 BJD and offer prices officially llsed 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 Times Settlement Contracts are quoted after
    3,077 words
  • Article
    SHARE INFORMATION SERVICE
    3636 10 la Hlgl (M4 1 Low Cmiuj Usl Sale Gr*s DW DW Cw SECTION ONE Gr'a YTd Net P/E Vol COOO) Day 1 High Low INDUSTRIAL ft COMMERCIAL 172 310 364 2S7 306 410 120 430 322 2T8 MO 9B 536 710 300 306 416 305 am 472
    3,636 words
  • Article
    Unit trusts
    174 10 N iMMgC n*prf mi hrMI ■NeiNuumiiKi The Commerce 11} The Saving! Fund LIS S pore Pro® Fund 1.58 S'pore Sec. Fund 141 S pore Invert Fund 1.25 S'pore Equity Fund LM R LM IM LM LM 1.8 LM DIAMOND MOT Diamond S'pore Fd(USt) SI LTC4R UNIT rroa Jan
    174 words
  • Article
    In Kuala Lumpur
    2003 10 BID and offer prices officially luted and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets In IoU of 1,000 units unless otherwise specified. MDURBIAU ijhiaiii (-> Alesai (IMB 2.916) (1) 2.98 Aatah (2.238 2.255) (49)
    2,003 words
  • Article
    Market closes a little lower
    497 10 IN BPITK Or 8 Tint in openlag yesterday, the ■W» eteek Market rOOOVMOd M «108» «M day 8 mm lower ttaa the vnr~ ttnagknt mttS- «wXMSS 2l2 nille AM potato to IMAI4 aai tte Tteeo Ceaootate INI US ptaato to mjAQstte eetpeee galaers Tfce market
    497 words
  • Article
    KL stocks ease in dull trading
    566 10 WITH poor overseas lends dampening ndnwat, dure price* on the Koala Lumpur stock market fiafcbed generally lower lor the second ronseriiHve Mrion yesterday. The market opened at around overnight levels but later gave way on light selling. For most of the morning session, trading
    566 words
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  • COMPANY NEWS
    • Article, Illustration
      Market breaks new ground
      942 11  -  .THE MOHTH C THAT WAS By CHRIS LIM THE TEAR of the Rat, astrologers say, brings optimism and good hick. It will be a year of growth and prosperity. If the performance of the local stock market in January is any indication, the Rat has already
      942 words
    • Article
      COMPANY MEETINGS
      119 11 RALEIGH Cyek* (MalayMa) B«tad: EGM to be held in the Board Room at No 40C, Jalan SS21/35, Damansara Utama, Kuala Lumpur on Feb 17 at 11 am. NEW Strata Bbm Pre* (M) QM: AGM to be held at the Theatrette of the Company, Balai Berita, 31 Jalan Rkmg,
      119 words
  • ASIAN STOCKS
    • Article
      Sydney finishes weaker
      219 11 FALLING metal prices and weakness on the London and New York stock exchanges prompted selling by overseas investors yesterday, brokers said. Most industrial sectors were lower but notable exceptions were merchants, insurers and light engineerings while brokers noted firmness among agriculturelinked issues. At the close, the All-Ordi-naries
      219 words
    • Article
      Shares plunge sharply
      176 11 HONGKONG THE Hang Seng Index (ell 48.72 points yesterday to close at 1,085.40, Its biggest single drop since it lost 63.58 to 785.48 on Sep 23,1983, brokers said. Share prices (ell sharply in line with overseas stock markets with the (all accelerated by speculation that HK Land
      176 words
    • Article
      Tokyo stocks close lower
      102 11 SHARE prices closed sharply lower yesterday on active liquidation of blue chips and popular* following the overnight decline on Wall Street and European exchanges, said. Hie market average Ml 60.16 points tram Monday's close to finish at 10,060.92 after rising 35.69 on Monday. Volume was a
      102 words
    • Article
      Bangkok
      78 11 SHARE prices were mostly higher or steady in quiet trading yesterday at the Securities Exrhsnge of Thailand, dealers —ih The Book Club Index rose O.M point to 120.03 with 127,317 shares changing hsnds 7ZH 1» ■ut or *ji riji Ltd IM uncb rifwn Thai Ooodj—r iBMairiMjniiei»- ]4J Mtgmmm Owiiu
      78 words
    • Article
      Manila
      80 11 SHARE prices closed mixed yesterday after continued doll trading m m rmm aES» pm ZZZZ Aptx tOnfcM B MM «ek Aba* oat a «I *1 BwUo OoM SSOisn— wi tun immom.1 ia CDCP Ml «MS PM PM HMp 1* «-CI ■BrtSaijSMi a *m +im Ortmml I MB mcfe na
      80 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      101 11 THE BANK OF TOKYO, LTD. Singapore Branch US $20,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit Series XIII due 6th August, 1984 In accordance with the provisions of the Certificates, notice is hereby given that for the six months interest period from Bth February 1984 to Bth August 1984
      101 words
    • Advertisement
      Page 11 Advertisements Column 2
      451 11 *.\<&;]?`]<(*?\,$&|^.;<$=}-@+(. GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited is pleased to make the following announcement: I AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1963 Total Income From Operations 1083 Company Group SS SS 5.287.000 7.582.000 1962 Company
      451 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      182 12 Rises Indices Tuiping Coaa K Kuipar $1.50 1300 +150 680 80 Feb 6 Feb 7 Tu Cbong T Harbour 945 060 40 40 BT Composite: 980.19 975.30 Tronob Mines 810 30 BT Indicator: *****17 *****12 K G Hldg* 320 26 ST Industrials: 1068.38 1012.15 G Lumber 249 24 ST
      182 words
    • Article, Illustration
      KUALA LUMPUR
      184 12 Rises Indices K Kampar 765 105 Tongkah 725 +55 Feb! Feb 7 NST 2200 +50 MBT Indicator: *****50 *****72 Tan Chong 1040 +45 NST Industrials: 1529.43 1532.06 M Cables 496 +22 NST Finance: 7159.94 2744.51 G Lumber 273b +20 NST Hotels: 659.77 659.77 S P Text 490 +20
      184 words
    • Article
      Selected indices
      51 12 HJLHANG SENG Tuesday 1065.40 Monday 1134.12 Week Ago 1102-38 AUSTRALIAN INDU8TRIAL8 Tuesday 1003.1 Monday 1014 S Week Ago 1082J ALL ORDINARIES Tuesday 782.1 Monday .7713 Week Ago 786.9 FINANCIAL TIME8 INDUSTRIALS Monday 815.5 Friday.— 832.4 Week Ago DOW JONES AVERAGE INDUSTRIALS Monday 1174.31 Friday -A. 1197.03 Week Ago
      51 words
  • Article
    UOB sells some of its Sealion shares
    554 12  -  wmm Companies Editor: AUN LEE By NAJEEB JARHOM THE United Overseas Bank group has reduced its strategic 19.2 per cent stake in takeover target Sealion Hotels Ltd to about 14.2 per cent. The bank's wholly-owned subsidiary, Tye Hua Nominees Pte Ltd, which has
    554 words
  • Article
    COMPANY BRIEFS
    90 12 PEELS PtaatettoM BM said yesterday that it is not negotiating to buy the ex-BBC land in Johore for MH60 million. The company said that it had at no time discussed the matter with the owners of the piece of land and had not discussed it internally or with
    90 words
  • Article
    HK groups to disclose more under new rules
    505 12 LISTED companies in Hongkong are expected to divulge more information to their shareholders, including even details of day-to-day operations under a set of new rules to be introduced by the Securities Commission. The Commissioner of Securities, Mr Robert Fell, said the rules
    505 words
  • Article, Illustration
    Koon Swan may step down as MPHB chairman
    249 12 MCA Vina prwHual Tan Swan (stove) has km rifrki as eaylag that he will lisp as ehatr■MM Mm nil I M- ■DM mmm tiigiig crecur (spsralisas) sf the MmltfPsrpsse Heldlags Bhd (MPHB) why Us mlhlis I* "I mm emmmtty evateatlag the fnpw
    249 words
  • Article
    Lock icon Morgan buys more shares in Dunlop
    75 12 Reuter GUARANTY Nominees, a wholly owned nominee company of Morgan Guaranty Trust Co of New York has its increased its holding in Dunlop PLC to 30.65 million ordinary shares or 21.31 per cent, upon which American depositary receipts (ADRs) are issued in the US.
    Reuter  -  75 words
  • Article
    GSI's group earnings shoot up by 92.6pc
    426 12  -  By AMY CHEOK CLOSED-END investment trust General Securities Investments has clearly benefited from the pick-up in the stock market as shown in the sharp rise in earnings for the financial year ended Dec 31 1963. GSI, which is managed by the DBS Bank,
    426 words
  • Article
    Banks from Asean doing well in Japan
    477 12 BANKS from the Asean countries are carving a small niche for themselves in the highly competitive banking environment in Japan. Three of the local "Big Four" banking groups, for example, made money from their hanking operations in Japan last year. Devetopamt Bank st
    477 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      260 12 SEE PAGE 9 FOR LONDON BTOCKB MANAGEMENT DEVELOPMENT PROGRAMME February April, 1984. Course Course Title No. 1. Kepner Tregoe Problem Solving Decision Making Seminar 2. PR Marketing for the Secretary 3. The Allen Management Seminar 4. How to Increase Productivity through Value Engineering 5. Tactics Techniques for Effective Supervision 6.
      260 words
    • Advertisement
      Page 12 Advertisements Column 2
      208 12 PMEMreRneA' 3F Intimus 405 This model disposes your COMPUTER PRINTOUTS, design drawings, office documents and etc. It shreds at a speed of 100 ft per minute. Fitted on castors, this model is compact and easily mobile ar SSHHHH!!! TOP SECRET! Intimus 007-S, the ultimate paper shredder reduces ten sheets of
      208 words
  • Page 12 Miscellaneous
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  • SHIPPING TIMES
    • Article
      Shell's tankers for conversion work
      195 13 THREE very large crude carriers belonging to Shell are expected to find their way to shipyards in Singa- pare (or conversion work. The three Shell tankers Lepeta, Lima and Leonia are to have engine modifications which could produce fuel savings of more than $1 million
      195 words
    • Article, Illustration
      Lykes buys four ships from Hapag-Lloyd
      478 13  -  By LINDA CHEE AMERICAN operator Lykes Brothers Steamship has concluded negotiations to buy four first-generation container ships from Hapag-Lloyd of Germany. The four 1,096-TEU vessels AJster Express, Elbe Express, Mosel Express and Weser Express will Join Lykes' two roll-on/roll-off ships to expand the line's
      478 words
    • PORTSIDES
      • Article
        Lock icon War risks surcharge
        51 13 Reuter THE Japan/Europe Freight Conference has postponed a planned war risks surcharge on shipments to Beirut but member lines said the proposal will remain under review. fte lines had said on Feb 1 that they would introduce a 10 per cent surcharge on freight payments from 6.
        Reuter  -  51 words
      • Article
        Lock icon Calcutta jute strike
        96 13 Reuter A THREE-WEEK old Jute strike in west Bengal state by over 247,000 workers has resulted in about 20 Indian ships lying idle in Calcutta port, the mstaager of the Scindia Steam Navigation Co Ltd said. DP Buch said foreign ships are likely to skip the port
        Reuter  -  96 words
      • Article
        Lock icon Green Elliot rescued
        133 13 AP A PANAMANIAN freighter that called for help during the weekend made it safely to Attu, Alaska, after being assisted by a Japanese vesirt, coast guard said. The 10,000-ton Green Elliot was escorted by the «pawiwp vessel Sbimu Casbu Maru to Etienne Bay at Attu, the coast
        AP  -  133 words
    • Article
      INDEX TO ADVERTISERS
      735 13 SMpptagUae IV CM AC Toepter VI 1 AIM VI l Afcraaktci Umt vn 9 Alpac VI 9 Antara Shpg X 4 APC UM V 4 APL m 4/5 Armour Freight nim VI 9 A9CL m 1 V 9 Atlas Llw X 9 V 1 AiwtraMaa Coot VI
      735 words
    • Article
      Lock icon WEEKLY FREIGHTS
      748 14 AFP QUIET conditions returned to the freight market last week because of the Chinese New Year celebrations, although the undercurrent of private business remained. Rates reported showed a mixed pattern. In the "barometer" transAtlantic grain trade (USA/ Europe) a 60,000 tonner was paid the equivalent of US$B.75/ton, up
      AFP  -  748 words
    • Article
      Lock icon ONGC orders 12 ships
      145 14 Reuter INDIA'S state-owned Oil and Natural Gas Commission (ONGC) has ordered 12 more offshore supply vessels for delivery by 1566 for its offshore oil exploration, a company spokesman said. The spokesman said the orders, totalling 800 million rupees, were placed with four state-owned shipyards to help
      Reuter  -  145 words
    • Article
      LONDON FREIGHTS
      1918 14 FAIRLY active time-charter business with Soviet interest seen and dearer rates (or grain from the US to Japan featured the freight market, shipbrokers said. Soviet operators are reported on Monday to have fixed a Panamanian flag vessel of 18,000 long dwt for delivery Venezuela for a voyage via
      1,918 words
    • Article
      Norwegian shipowners' investment abroad
      136 14 NORWEGIAN shipowners are investing more heavily abroad. Their investment last year amounted to more than US$l4l million overseas. This is |89 million more compared with the previous year. The figures were released by the Bank of Norway. The sum was expended in the purchase of foreign
      136 words
    • Article
      Lock icon PPA grants Metro Port conditional increase in rates
      318 14 Business Day PHILIPPINES' Metro Port Services Inc has been granted a conditional increase in cargo handling rates. But the Philippine Ports Authority (PPA) has clarified that MPSI has to comply with some conditions. Non-compliance would mean a withdrawal of the increase. During
      Business Day  -  318 words
    • Article
      Lock icon Maritime fraud in Third World nations
      288 14 Reuter DEVELOPING countries are suffering the most where maritime fraud is concerned because they lack experience and are the easiest to victimise. This observation was made at the opening of a two-week United Nations Conference on Trade and Development (Unctad) meeting on maritime fraud
      Reuter  -  288 words
    • Article
      Evergreen's global service
      34 14 EVERGREEN Line will launch its global service from Kaohsiung with the 2,728-TEU EtVcr Gudn. The round-the-world service will begin on July 25 and not Jan 25 as stated in yesterday's report.
      34 words
    • Article
      The Consortia
      190 15 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 Y»ng Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      190 words
    • Article
      Lock icon US shippers press for sanctions against two lines
      428 15 Lloyd's List INTENSE pressure (or sanctions against two shipping lines in the Philippines has been revealed in submissions from United States shippers to the Federal Maritime Commission (FMC). The FMC has conducted an official survey following widespread allegations that the Philippines government
      Lloyd's List  -  428 words
    • Article
      Lock icon Oceanus Mutual Underwriting Association placed in receivership
      228 15 Reuter THE Oceanus Mutual Underwriting Association (Bermuda), a shipowners' mutual insurance club, has been put in receivership and payments of insurance claims suspended, accountants Price Waterhouse said. Oceanus is a protection and indemnity club with a membership of around 1,000 shipowners, large and
      Reuter  -  228 words
    • Article
      Lock icon Japan reports drop in newbuildings permits for January
      226 15 Reuter THE Japanese Ministry of Transport in January issued permits for the construction of 34 vessels amounting to 786,006 dwt. This was a decline from permits issued in December covering 47 vessels totalling 1.3 million dwt but was sharply above the January
      Reuter  -  226 words
    • Article
      Rig utilisation
      157 15 THE Gulf of Mexico is experiencing an increase in drilling activities but rig utilisation has not risen in tandem. Increased drilling activities in the area was offset by an increase in rig population. As a result, offshore mobile rig utilisation in the Gulf of Mexico stagnated around the
      157 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5302 20 SCHEDULE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the uj- u
      5,302 words
    • Article
      Container Schedules
      764 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Location Ship Voy Date/Time Operator Cargo Schedule B Melatl Kobe Express Orient Maru Sov Accord Johore Br Hammurabi SD Concordia Sea Hawk TW Bridge Takarin ChevRoze BButang NUc Tlkhonov Prase tla Aust
      764 words
    • Article
      WHO ACTS FOR WHOM...
      1400 21 The leading shipping lines operating from loeal ports and their agents. A-B AFEA African Shipping Agencies (S) Atw-fri* Um Tranagroup (S). AfcnnHil Um Mrvh* Kin Shpg (S). AIM C Twftef Sm Conaortium (S)/ Marintex Enterprise (PK) Alpne Intraaea (S) Bin tang Shpg (KL)/ Island Cargo Handling
      1,400 words
    • Article
      SHIPS IN PORT
      520 22 «t^» AT CONVENTIONAL WHARVES lr Vessel Berth Agent Arrival Departure IM KEPPEL WHARVES ti" Balma 6/7 Y Fung alongside 8244/1500 Jenhol 22 T Soon alongside 8244/1800 Osa Bonanza 25/6 Sankyo alongside 8244/1830 Proto machos 8/9 Sea Consort alongside 8244/1200 Ramoneverett 37/8 NAPL alongside 8244/2300 o?^ Seng Hlng
      520 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      243 13 Published and Distributed bv FEDERAL PUBLICATIONS i p||B] 2 Jurong Port Road, Singapore 2*61 A mambar of Tha Timat Organisation i ki >Ixl i \u h iOOCL f Orient Oveiqeas ConkUm* Line FULLY CONTAINERISED SERVICE 10 FUROPF V'A SUEZ 1 OCWUB PMH m 16/3 17/3 4/4 5/4 7/4 9/4 12/4
      243 words
    • Advertisement
      Page 13 Advertisements Column 2
      235 13 SEALORD UASC I UNITED ARAB SHIPPING CO SAG' NATIONAL LINE OF BAHRAIN, IRAQ. 1 KUWAIT. QATAR. SAUOI ARABIA AND I UNITED ARAB EMIRATES 1 EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE m N l\\ >M K< m RED SEA SERVICE M. NMQtf W »/Z WJ M. MMHM« */J a/3 M MUM
      235 words
    • Advertisement
      Page 13 Advertisements Column 3
      19 13 KMiXS LONDON Freights WEEKLY Freights CONSORTIA SHIPPING Sehedale CONTAINER Sebedikfl WHO Acts for Whem SHIPS fai Port REGIONAL Weather
      19 words
    • Advertisement
      Page 13 Advertisements Column 4
      708 13 The Straits a 1? 3 65 Times Activities. Key Personnel. DIRECTORY Agencies Of Singapore (Buku Merab) MAERSK LINE EXPORT FULL CONTAINER SERVICES in >: -ti vina*: ir-»n:■: 15/3 23/3 29/3 5/4 12/4 19/4 I 21/4 r ii v: u 3 5/3 3 21/3 4 3/4 11/2 4/3 1/3 11/3 15/3
      708 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      382 14 mma FAR EAST/EUROPE CONTAINER SERVICE To Europe. SM BUT* ran S*pora IJNn*s] 2) Mm 3) tfD«r| 4) Gb«r| 12/2 19/2, 26/2 4/3 11/3! 18/31 rOVAMA H HOUTHAN JUTUMW PERMAI N. WON KOMHGAN From Europe 14/2; 21/2 i 28/2 6/3 13/3 20/3 29/2 7/3 14/3 21/3 28/3 4/4 5/3 12/3 19/3
      382 words
    • Advertisement
      Page 14 Advertisements Column 2
      378 14 Y AMASHITA-SHINNIHON LINE CONTAINER SERVICES PacMe South Wnt Pacific North Waat Faodar at Tokyo FaadaratKoba Atlantic/Canada USA/CANADA a/3 *n N/3 34/3 22/4 17/4 £3 A too accepting LCL Cargo tor USA Ports only MIDDLE EAST CONVENTIONAL SERVICES Line, ltd, bM M/ 2 22/2 27/2 21/2 2/3 V) CONTAINER SERVICE TO/FROM
      378 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      711 15 The Straits Steamship Group QCL IcONTAINfRSHIP SERVICE TO UK CONTINENT Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak Brunei Ports and Bangkok ft CASUS PRBE ft casus pm SMGAPOK TO STORE 112* kfl-N Feb II3R 14-15 Feb SARAWAK AND BRUNEI ALSO ACCEPTING CARGO FOR: Mm :to C»lMigM. MM. hM»|,
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      Page 15 Advertisements Column 2
      702 15 370 TONS PIPES SINGAPORE TO CONSTANZA/ RUMANIA URGENTLY REQUIRE SHIPHNG SPACE FOR 370 TONS PIPES OF SMALL DIAMETER (WEIGHT CARGO) BASIS UNER TERMS FROM SNGAPORE TO CONSTANZA/RUMANIA, OCEAN B/L REQUIRED, DATE OF SHPMENT 25-28/2/84. OWNERS/AGENTS PLEASE CONTACT A. HARTROOT S'PORE PTE LTD Ta. *****88 TLX: HRTSIN ***** Franco Belgian Services
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      582 16 EXPORTS Cardfaa Bat Spore P KeUng Pen Bilbao Le 22/2 24/2 27/2 TO US« CANADA Osaka Bat Mr EMivik Inrarpael Bar H'burg Mai Mam Bhawn Ant jetlle «tfp 25/3 30/3 28/3 1/4 Long Oakland Seattle/ Connecting m Tokyo Connecting m Kobe "Aho accepting cargo for ATLANTIC GULF PORTS vto mimiandbridge,
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      Page 16 Advertisements Column 2
      403 16 KSljne tt»f» I*l**l*l. FULLY CONTAINERISED SERVICE TO EUROPE VIA SUIZ J Menibet of the Ace Consortium 4/3 5/3 7/3 9/3 12/3 10/3 11/3 13/3 15/3 l«/ 3 15/3 l«/ 3 11/3 20/3 23/3 FROM fIWOPf VIA Sl#/ 1» Memoer ot the Ace Consortium KOKMMCUM2S OBWTAI am 37C FUIIY CONTAINERISED 1
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      Page 16 Advertisements Column 3
      378 16 EVERGREEN LINE FAR FAST/EUROPE CONTAINER SERVICE ACCEPT* FCL I ICI CARGO FOR: m m fu ni mm uw Evw Sum* 14/02 15/02 7/03 5/03 11/03 12/03 14/03 Ewr Omy 25/02 27/02 17/03 10/03 21/03 22/03 24/03 (~G«c 5/03 t/03 27/03 25/03 31/03 1/04 3/01 mso acceptrk lcl/fcl t fcl/fcl ia
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      Page 16 Advertisements Column 4
      801 16 Everett Lines COMPANA PERUANA DE VAPOREES (CP.V.) "PERUVIAN STATE LINE" -t loading toi Calbo MaUtani lo Md a* otlwi P«uman ports with tunslupmmi 41 Hongkong and oi Kobe On CPV Ihiougti B#s ot L*bng to hiul destination "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE (+)LOADING FOR HONGKONG. ANO JAPAN PORTS
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      Page 16 Advertisements Column 5
      254 16 as I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES POST fcIIMIG PfNANG I®? B AMtn.B lUmmh SJNOSt MARITM PU lID 111 *****44/7 *****/0 MAIOSf MAPI IM SON BHO Td *****2/3 MAI AYSIA TRAM t TRANSPORT LTD T* 67W3 ft 637 ft KYOWA LINE TO PAPUA NEW GUINEA/
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      875 17 PIL GROUP EAST AFRICA/RED SEA SERVICES VESSEL VOYAGE SINGAPORE LOADING FOB: KOTA MAJU E-Mt 14-IS/2 HOOEIOAH. JEDOAH, AOABA. MUKALLA KOTA SEJATI E-4SS 9-11/1 HODCIOAH. JEDOAH, AOABA. FT. SUOAN KOTA WANUNA W-410 20-23/2 ADEN KOTA WBtAWAN E-457 2-5/3 HOOEBAH, JEDOAH, AOABA, ADEN KOTA CAMTK E-481 «-WI HOOEK>A* JEDOAH, AOABA. PT SUDAN
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      Page 17 Advertisements Column 2
      748 17 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE JO EUROPE Hm Mm Osaka Bay C«Af jn Bat Fraablurt Eiprm Bream Eipress laMtai Mara Eipress FROM EUROPE HAM RIM (KM I "MM HAWS UJC Osaka Bay SaM SaM SaM UM SaM C*y M E4a*ur|h SaM SaM SaM SaM SaM hM SaM
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      Page 17 Advertisements Column 3
      558 17 DJAKARTA LLOYD INDONF MAN NA T IONAi irjf an Lit P Ml Tuurr/LdNXM 13/2 vi« SHUPOK 15/2 f KEIANG TUUtT/IOMOI 1/3 nnacMM/ WjaMN 11/3 MTMKf 11/3 *3 a 20/3 MTTuDAM/ P. IIIUC HI Ml ACCEPTM6 BOIM CONTAMERS, CONVEMTXMAL CARGO MB Ml UQMD CMCO FOR BOTH RTORTS MS EXTORTS NO ALSO
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      Page 17 Advertisements Column 4
      369 17 -p. BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION I Pl¥ WMI VRVI WWn Loadnf for Rangoon S'poro PKoiong Ponong MYOMAYWA In Port PA-AN 9/11 Fob PAGAN In Port/7 Fob HTONEYWA 11/12 Fob 13/14 Fob PHASMWfGYAWYWA 12/13 Fob BANK LINE ISFOREI RTJAM HULL HMBG CLYDEBANK 20 Nk 16 Mar 22
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      1332 18 KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE CANADA UNITED STATES OF AMERICA PACIFIC COAST (lieiadlßg DESTINATIONS ram vessel rue png vpore OWE BROGE V 27 SM 8 Feb 9 Feb KANSAi PIONEER *30 MICROBRIDGE MINILAND BRIDGE) ALSO ACCEPTBK ATLANTIC COAST PKLG MNORE BROGE V 27 SM kansai nam *30 10
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      Page 18 Advertisements Column 2
      562 18 CALIFORNIA/PACIFIC NORTH WEST SUVICE EXPRESS CONTMNER/REEFER/RRKK SERVICE L EOS ANSELES. SAN fAANCRCO, SEATTLE. TACOAAA. VANCOUVER. B C Acctptanf Fa/Fa Cant mm -Vsr gsv. AUSTRALIA EXPRESS CONTAINER SERVICE Accent fCL/Fa Mar •Aho accept*, from P Ketan, for AucA/Wrt/l|rtt S»»i AM Sf* Alm accopft A/1 fee 23 f« 21 let Frm/AM/Rns 17/18
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      Page 18 Advertisements Column 3
      641 18 m LTD KORINS MARITIME SERVICES 114 Anson Ro*d. #16-01, Turvoa BulkJlng, Singapore 0307. T«l *****22 *****67 P Ktlang T«l *****1/8 RED SEA/PERSIAN GUIF/ME OITE RRANE AN SERVICES Spore Lwdbig Far GUNONGMAS 10 Fab Bandar Abbaa/Bandar Buriare ONE NEST N0.7 V-29 IS Fab Bndar Abbas/Bandar Mra 25 Fab Pi S«4aN/Be*wi/T.pel/MtaraU 7A
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      Page 18 Advertisements Column 4
      501 18 INTRASEA (PTE) LTD 10 Anson Ro<*rt ~27 16 International Pi a/a Smqapore 0207 Tel 224b511 ,10 L.nes o BREAKBULK SERVICE TO EUROPE/UK SOUnOtN PROGRESS BB ***** Q ALP AC LINE S pore P KeUng La ALPAC AFRICA 164M8 15 Feb 17 Feb tt Yessd Lm** at Kota Katabdu 20 Fab
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      Page 19 Advertisements Column 1
      586 19 TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C. ROZE S pore Closing Times: FCL Cargo 2000 8/2 LCL Cargo 0800 8/2 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: JAKARTA SINGAPORE.. PENANG— P. KELANG... BRISBANE SYDNEY BURNE MELBOURNE. ADELADE FREMMfTLE.. Also accepting cargo to/from Bangkok and E. Malaysia.
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      Page 19 Advertisements Column 2
      508 19 HEUNG-A SHIPPING] Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO ANGKOK, KEELUNG. BUSAN. INCHON m mam hbm »/2 WI M/ 2 4 Off HK Tin 7/3 11/1 2/2 M/ 3 ••/J 19/3 24/J NfPTIJNf *GENCItS PTE 110 let ?*****7 778V134 BOOKING ONLY T'INAS Sfll« SDN BHD Kl I*l *****0 414. 1
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      Page 19 Advertisements Column 3
      609 19 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULDMG 56, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SMMFORE Telex Numbers RS ***** RS ***** RS 2510S P HELMS M/S SHARKAT MM SOON SDH M. IST AND 2ND FLOOR, NO 1. MLAN CEMPEMNG. PORT KLANG. MALAYSIA
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      Page 19 Advertisements Column 4
      63 19 ZA ahrenkiel liner service gmbh DURBAN JOHANNESBURG MAPUTO MAURITIUS RFUNION ETA PT. SIN LOUIS DURBAN 20/2 7/3 3/3 15/3 20/3 EASTERN HARMONY 2W/84 TBN 3W/84 iTwrrsiiij i etd etd eta ■IMTH t KM' R BAY DURBAN SIN KIWALAN VIE/84 10.1.84 18.1.84 Sailed Agents: Kim Shipping Trading Pte Ltd 63 Market
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      503 20 Iti'jlional Container Lilies 2 Sailings Weekly Reliable Regular Punctual Berthing PSA 1500 Hrs Tuesday Saturday GDI Sf\GAPo§tjsu:\/XV /AN VEB DEUTFRACHT/SEEREEDEREI ROSTOCK EXPRESS SEMCONTAJNER SERVICE P» Esapa: P Klang S pore Penang Rdam Awerp Hbyfj Rost Far Emp* f Mans MM ooa 1/5 Ibr 2(,29Fab (/I Mar 29Mar 1 Apr 5
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      Page 21 Advertisements Column 1
      105 21 11 11 11 a *21 rrrr* GIHLML AGENTS THE MALAY STATU SMPPK CO. FTL LTD 79 Rotenson toad #2640 CFf M** Sappore 0106 T«t *****66 (7 km) TU «S ***** A/B MASSCO I> FULL C SALES AGENT: SEALKM SHPTM6 (S) PIE LID TEL:- 2215(11 (t UNES) SALES/BOOKX6S POIT MEW: HBEA
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      Page 21 Advertisements Column 2
      113 21 das TT wm. Cu3 5 H/2. 24/2. V 3 IV2. 14/2. 21/2 21/2. 25/2. 21/2. VI CNMM/tLSA 11/2.12/2.14/2.17/2. 15/2. I 22/2. 24/2. 27/2. 21/2. 2/3 14/2. vn. WX 14/3 11/2.14/2.11/2. 24/2. 21/2 22/2. 25/2. 27/2. 2«/2. 3/3 u ram.i l£ MM. M ■iMnrans-m I UST COAST 4 CM/ WCXUM, KLLMETOD
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      Page 21 Advertisements Column 3
      358 21 LIZENA PTE LTD DUMM/PDUM BMU SMKI SBU/KUCtME soma (Mm C*f My) IMr.ilM 1 ,-JT> li' il 15/2 a/2 15/2 2V/2 hNrt 11/2 fa fart 17/2 CONCORD LINES [►"I ii .3 IN 3 i'l.i'j>M ETA ETD 14/2 17/2 15/2 17/2 LQMDMC FOR mo—i an A VESSEL UU (MOMS CONCORD HARM PTE
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      Page 22 Advertisements Column 1
      571 22 3k C.Y. LINE (A Mtmbtr Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FU.LY CONTAMERISED SERVICE TO EUROPE (VIA SUEZ) I'p«« f Klm| ItMantt Man Film HW| Brtm Antmrp acMin ROS in 11/2 21/2 a/i i/i 4/3 V 3 7/3 kptmc cmmet lIW 12/2 u/2 4/3 5/3 7/3 9/3
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      Page 22 Advertisements Column 2
      716 22 st~>ipp''">cj (ST f IT»t»■< 1 NVOCC DIRECT SERVICE VSI TR AFRICA CONTITRA TRASTATE DESTN Uj|j ANTWERP, ROTTERDAM. HAMBURG 10NGBEACH, OAKLAND. NEW YORK ALSO PROVBMG ML AM) TRANSPORTATION ON FCI BASIS EUROPE/FAR EAST LINER SERVICE ETA ETD DBCH FROM bM 9 fat HAMBURG/ANTWERP 19 Fafc 28 FA CMga BoMunp let *****88/9
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      Page 22 Advertisements Column 3
      369 22 ZIM NOKCOWEtaCf ROEPEMXNT FULL CONTMNER SERVICE accapto* FCIACI carjoes to USA East I Nest Caast. Panama. Carritoean and East Canada Ft**. ITh* Si, i w it, mm* Rye Mh/Wl/lrt MSSEI 7MHNFA II Fat It Ha It Mr 22 Mm 74 Mm H Ito t KSSEI nwi 14F* It Mm It*,
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  • Page 22 Miscellaneous
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      154 22 Regional Weather 0i o+ m i > ass m Va m Va x'-. A 3? OOr,! Li Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C -A y Showef Weather Wind direction with speed in knots Rain Cloudy Sky Wave height Surface
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