The Business Times, 27 June 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 WEDNESDAY, JUNE 27,1184 60 CENTS
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  • 692 1  -  Extra flights and faster services also planned for existing routes By WANG LOOK KEAH, Transport Correspondent SINGAPORE Airlines plans a major expansion of its routes in the next two years after a fiveyear slowdown in introducing new destinations. This is part
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  • 295 1 UPI PRESIDENT MARCOS yesterday admitted for the first time some towns in the southern Philippines were under rebel control and hinted at re-impos-ing martial law to counter the threat to his government. Mr Marcos, in a speech to ruling party
    UPI  -  295 words
  • 297 1 BANK OF Montreal Asia, the Singapore-based merchant bank, has just raised its paid-up capital from $30 million to $665 million a massive increase of 22 times to beef up its operations in this region. The additional funds, brought in from Canada, will be
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  • 53 1 AFP LARGE numbers of Taiwanmade microcomputers have been resold to China through Singapore and Hongkong. A Taiwanese newspaper, China Post, said yesterday that 20,000 units of Taiwan-made microcomputers and accessories were estimated to have been re-exported to China every month, accounting for half of the
    AFP  -  53 words
  • 212 1 THE US DOLLAR took a breather In the foreign exchange markets yesterday, easing against the Singapore dollar and most major currencies. Bank dealers attributed this technical correction after the greenback soared to spectacular heights on Monday. Sterling, after a mid-day rally, finished weaker against the
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  • Article, Illustration
    83 1 TRADING AT the Singapore stock market was a Mg yawn yesterday as laiestots took ts the sidelines. The qsiet day ceded with the BT Composite Index recording a 16-month low whea It lost 4.K points ts 814J8. The prevtsas low was oa March 24 whea the index fell
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  • 201 1 THE Public Service Commission has selected four President's Scholars for 1984. President Devan Nair will present the awards to the four scholars at a ceremony to be held at the Istana on Monday. Three of the scholars Mr Cheng Tze Pin, Miss Lim Woan Huah
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  • 489 1  -  By ALVIN TAY ANOTHER round of prime lending rate increases by a quarter percentage point is in the offing as the differential between Singapore and US dollar interest rates has widened during the past few weeks. Bankers said these increases the
    489 words
  • 109 1 NST BRITISH Airways yesterday denied that there was a conspiracy between BA and Singapore Airlines to prevent Malaysian Airlines System from obtaining additional flights to London. BA sales manager for Peninsular Malaysia, Mr Chong Meng Kee, said there was no truth to the allegations by the
    NST  -  109 words
  • Page 1 Advertisements
    • 79 1 OABS THE ULTIMATE ACCOUNTING SOFTWARE FOR MICROCOMPUTERS OA S>ng«oor« I*l *****62 4 K I I*l 03 ****** Panang tel 04 *****9 ipon lei 06-*****8 UA w* from Cross. Introducing the latest Fountain pens from Cross Satin Blade and Lustrous Chrome new expressions of in the proud Cross tradition fine writing
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    • 297 1 LMctor, Pag« 8 Election protest, Page 8 wm PUB has awarded The WohChang International Group a $7.2 million contract for the construction of a fuel storage tank and an ammonia storage and evaporation system. Page 3 MEMBERS of the Orgonisotion of Petroleum Exporting Countries hove pushed their oil production well
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    • 193 1 Full report, Pag* 13 Inltfnationst stocKs. Pag# 10 Asian stocks, Paga 11 SERIES FT3OOO jFT 3050 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
      193 words
    • 10 1 BALLY cf SAKzrrldnJ US prim* lik«fy to rtos, peg* 16
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  • HOME NEWS
    • 319 2  -  By CHUANG PECK MING INTERVIEWING a person to find out whether he is the right man for the job is an unreliable recruiting exercise, says Dr Roger Gill. The executive director and principal consultant at the Occupational Testing and Assessment Centre in Singapore told about
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    • 184 2 THE SINGAPORE Polytechnic is offering two new evening courses entitled Boiler Operation and Maintenance (starting Aug 6) and Marine Diesel Engines Principles and Practice (starting July 23). Both courses have been introduced as a result of surveys made by the Polytechnic among the relevant industries. The
      184 words
    • 272 2  -  By JEFFREY TSANG A DRIVE to encourage further formation of quality control circles in Singapore's hotels has been started by the National Productivity Board. Concern over the fact that only six hotels have QCCs has prompted the NPB to organise a
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    • 338 2 HOTELS are trying to inject new ideas into the well-worn annual campaign to promote courtesy. To coincide with the sixth annual National Courtesy Campaign, staff from various hotels will visit a children's home, act in courtesy skits and even raise funds through a
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    • 339 2  -  By LISA LEE ACCIDENTS at construction sites can be prevented by using more modem equipment with built-in safety features. As contractors rush to meet deadlines in today's complex construction projects, safety on site could easily suffer if little attention is paid to the choice of
      339 words
    • 117 2 MOTORISTS parking their cars in fringe car parks from next Monday can simply pay the 60-cent perentry fee by displaying an orange coupon instead of hunting through the car park for a parking warden. This change extends to all the six fringe
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    • 200 2 THE WEST German electronics company AEG will soon be shedding light on the billion-dollar Marina Square project. The company was recently awarded the $6.7 million lighting supply contract, which calls on it to supply 50,000 separate lights, about what it would
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    • 216 2 Seminars and courses DURATION TITLE VENUE ORGANISER June 27-28 CAD/CAM: Introduction CECTU Economic Overview Development Board June 27 28 Managing With dBASE Waterloo Centre NUS, Department Of II Extramural Studies June 28 Positioning: The The Mandarin PL Marketing Battle For Your Communications Mind June 28 Positioning: The Battle For
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    • 173 3 KEITH WOLLASTON has been appointed executive director of Inbucon Asia Pte Ltd. Mr Wollaston, a graduate of Cambridge University, joined Inbucon in 1969 but left in 1976 to work for Alusuisse UK Ltd, becoming director and general manager of their aluminium extrusion company. On returning to Inbucon
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    • Article, Illustration
      399 3 NIKON has announced the launching of two new cameras the PG-20 and Nikonos-V. The FG-20 is Nikon's easiest to operate 35mm aperture-priority auto exposure SLR camera. It incorporates sophisticated micro-electronics to free the user from complcated procedures. Like other Nikon 35mm SRL's, the FG-20 is a full-system camera.
      399 words
    • 288 3  -  By JOANNE YAP CARRIER Singapore recently launched two computer-aided-design (CAD) software packages which plot mechanical, electrical and architectural systems specially for the air-condi-tioning industry. The E2OOO system, comprising software run on Hewlett Packard hardware, has been available in the US since January
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    • 41 3 THE Republic of Singapore Air Force will be conducting another air exercise this afternoon. The exercise will be over the western part of the island. The Ministry of Defence advises the public not to be alarmed.
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    • 272 3  -  By CHUANG PECK MING A LOCAL company has clinched deals worth about $14 million in Singapore and Malaysia. The Public Utilities Board has awarded The Wah-Chang International Group's Onshore Engineering Division a |7.2 million contract for the design, engineering and construction of a 32,100 cubic
      272 words
    • 244 3 MATTHEW Hall Engineering (SEA) has been awarded a $1 million sub-contract to design a third phase condensate stabilisation plant in Bintulu for Sarawak Shell. The sub-contract for the company in Singapore was awarded by Matthew Hall Engineering Sdn Bhd, which won
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  • Page 2 Advertisements
    • 245 2 a* 11 ■v iM :,i. l i' ■»>.< v.< m SSKJ J| wf ***<*« 4/>* J VvwgW/ Surely the best business class service is provided by Scandinavian Airlines? This is what the popular American magazine, t ortune had to say about our First Business Class. After testing out 17 different
      245 words

  • Page 3 Advertisements
    • 104 3 FOR AUCTION DEVELOPMENT LANDS 1. Vacant land at Khiang Guan Avenue, behind Goldhill Square Lot Nos 225 t0234, 236 t0238 663. TS2B Land Area 67,741 sq ft Title Freehold Master Plan Residential density Zoning 495 pph 2. Land at Nos 219 221 Moulmein Road, near Thomson Road In principle approval
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    • 61 3 INSPIRED.. BALMAIN [jjj] pierre balmain Pierre Balmain Boutiques: Centrepoint #02-11 176 Orchard Road Singapore 0923 Tel: *****41 The Pavilion Inter-Continental #01-05 1 Cuscaden Road Singapore 1024 Tel: *****04 Pierre Balmain Comers: Metro Grand, Lucky Plaza* Metro Scotts. Scotts Centre* Printemps, Meridien Shopping Complex Yaohan, Plaza Singapura J fl FRANCOSINGAPORETEXTILES 315.
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  • OVERSEAS
    • 504 4 Market unlikely to tighten in second half Reuter, NYT THE Organisation of Petroleum Exporting Countries members have pushed their oil production well over the ceiling they imposed last year in spite of sagging world prices. The Middle East Economic Survey (Mees)
      Reuter,; NYT  -  504 words
    • 316 4 Reuter DEFENCE SECRETARY Caspar Weinberger said on Monday Iran might soon open its longawaited offensive against Iraq, warning it could turn into one of the most terrible infantry battles since World War I. He said each side had nearly 500,000
      Reuter  -  316 words
    • 142 4 AP THE US GOVERNMENT spent a reeord U8533.l billion morv than It took la last month, patting the budget deficit for aU of the fiscal 1964 year hack on a record-setting pace. The Treasary department in Washington said yesterday that the red ink
      AP  -  142 words
    • 208 4 AP IN ITS FIRST survey of violations of trade union rights released on Monday, the International Confederation of Free Trade Unions has listed 54 countries, including Canada, Britain, Belgium, Holland, Japan and New Zealand. Violation of trade union rights is on the increase worldwide,
      AP  -  208 words
    • 181 4 Reuter BRITISH PRIME Minister Margaret Thatcher is "not over optimistic" about the chances of success at the European Economic Community summit in resolving the question of Britain's payments to the community budget. Mrs Thatcher, speaking after the first day of the two-day meeting, which
      Reuter  -  181 words
    • 267 4 Reuter FIVE SOVIET scientists, four erf them Nobel Prize winners, urged President Reagan yesterday to save the life of an American Indian leader whom they said was dying in a US jail. The group signed a letter, published by the news agency Novosti, asking Mr
      Reuter  -  267 words
    • WORLD IN BRIEF
      • 38 4 Earnings from horseracing and other gambling operations run by local governments declined for the third consecutive year in fiscal 1983, Japan's Home Affairs Ministry said. The ministry attributed the poor performance to diversified leisure pursuits.
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      • 41 4 NIGERIA has selected a site near Port Harcourt in Rivers state for a new petrochemical complex which will cost over US$2 billion. The project, in the planning stage for the past 10 years, has now been given the go-ahead
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      • 47 4 AT LEAST 1,699 people in 39 countries were known to have been executed in 1963, but the real number could be "far higher", with possibly thousands put to death in China alone, Amnesty International said. It also called for the abolition of the death penalty.
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      • 44 4 THE anti-Nato Greens Party called on women around the world to strike for 10 days in September to protest against nuclear missiles. The appeal was made by Petra Kelly, who represents the Greens in the Lower House of the West German parliament.
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      • 34 4 URDU will soon replace English as the language in which business is conducted in Pakistan. President Zia Ul-Haq has ordered all government ministries and provincial governments to use Urdu in day-to-day affairs.
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      • 34 4 Agencies A TOTAL of 50,322 workers were laid off in the Philippines in the first half of this year. This is more than double the figure for the same period in 1963.
        Agencies  -  34 words
    • 322 4 Reuter THE US IS NOT willing to provide more finance for the World Bank and there is little enthusiasm among other western nations for further capital increases, Treasury Undersecretary Beryl Sprinkel said. In a briefing for foreign journalists, Mr Sprinkel also said greater
      Reuter  -  322 words
    • 96 4 Reuter A US CONGRESSIONAL conference committee has agreed to drop a tax exemption for exports which trading partners have said is unfairly subsidising US exports. As part of a compromise tax Bill, domestic international sales corporations (DISC) will be replaced by foreign sales corporations (FSC)
      Reuter  -  96 words
    • 169 5 AP THE US and the Soviet Union locked horns on Monday over the nuclear arms buildup at the start of a major East-West conference on air pollution. The Soviet Union and three of its East European allies East Germany, Poland and Hungary said the
      AP  -  169 words
    • 264 5 NYT THE INTERNATIONAL Business Machines Corp has introduced two new versions of its most sophisticated personal computers, intended to perform the kind of speciality graphics used by engineers, city planners, and scientists. Analysts in New York said yesterday that the introduction of the new machines,
      NYT; AP photo  -  264 words
    • 232 5 Reuter IN A CHALLENGE to the Vatican, a group of Roman Catholic theologians has issued a strong defence of church involvement in Third World politics. The unofficial group of liberal scholars, known as the Concilium, drew up the statement at a recent meeting in
      Reuter  -  232 words
    • 727 5 ARRIVALS Operator S*rvic« number Local time From PAA MAS KAL CAL MAS MAS MAS RBA SIA CPA GIA SIA SIA SAS THAI UB MAS GIA MAS GIA SIA PA5 MH68I KE624 CIO 10 MH601 MH67I MH8II Bt-42 SQI03 CX710 GA960 SO 105 SQ201 SK971 TG403 UB23I MH682
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    • 196 5 Reuter INSIHANCE premiums will more thai triple for the Bmtk Korean tlrilae which had a Junto Jet shot down by Soviet tighten, nn Insurance eompaay spekesmaa said oa Meaday. l*e spokesman for the Oriental Fire aad Marine lasaraaee Compaay said the laereaoe followed the
      Reuter  -  196 words
    • 462 5 AP WALTER MONDALE, taking major strides towards uniting the Democratic Party behind him, won a promise on Monday from US presidential rival Gary Hart not to raise a divisive challenge at the national convention and gained a longsought endorsement from Senator Edward Kennedy. In
      AP  -  462 words
  • Page 4 Advertisements
    • 198 4 BUSINESS CLASS Business never looked better. Presenting the Serie Big office suite from Mariani of Italy. In distinctive saddle leather... executive desks in three models with matching chairs that tilt and swivel to your comfort. Serie Big. Exclusive to Frans. Ut-J> Prans The label on every best-dressed office FRANS FURNITURE
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    • 0 4 .\$'+&&%<>?,('`/"-&)@{%,(}{$|*$
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  • Page 5 Advertisements
    • 549 5 The facts on real estate FACT 1 Districts 9,10 and 11 Investors have focussed their attention on these 3 prime areas and their astuteness has paid off handsomely over the years. Graph A showing 'Average Sale Price of Apartments and Residential Condominium Units in Singapore (1977 1983) demonstrates the continued
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  • RAW MATERIALS
    • 193 6 SINGAPORE The market closed quietly steady yesterday with July One RSS buyers quoted at 181.50 cents per kilo, unchanged from Monday. The morning session was marked up about two cents on some buying of nearbys, mainly August One RSS following firmer London advices. .MALAYSIA -The market closed steady yesterday
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    • 79 6 TOE Straits tin price In Penang yesterday weakened eight cents to MUfJt per kilo, five cents ttiwe the ITA floor level yt $29.15. ''Dealers said there Is a lack of sapport following Weakness of sterling 'agaiMt the Malaysian dollar. The holler stock manager absorbed the hoik of the
      79 words
    • 59 6 AUSTRALIA'S Bureau of Agricultural Economics has lowered its estimate of country's nearly completed 1963/84 rice crop to 635,000 tonnes from its Aeril forecast of 687,000. Ip its crop report dated June 21, the bureau said the reduction reflects relatively low yields in New South Wales
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    • 245 6 MALAYSIAN palm oil prices yesterday closed slightly lower on lack of follow through support after a steady opening and renewed selling prompted by easier Chicago soybean futures. June deliveries in the south, central and north regions fell Mss each to $1,290, $1,285 and $1,280 per tonne respectively while
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    • 343 6 RAS prices (in S cents/kilo, FOB in boles) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS prompt 181 50 182 SON 179 00 180 OON Int 1 RSS July 184 00 184 SON 181 50 182 00 Int 1 RSS August 188 50 189 00 186
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    • 106 6 (m cents/1 ten pallets) July August (current mth) (forword mth) RAS NOON NOON Buyers Sellers Buyers Sellers SSR20 182 00 184 OON 184 00 186 OON SSR 50 180 00 182 OON 182 00 184 OON MRELB Buyers Sellers Buyers Sellers SMR CV 232 00 234 OON
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    • 88 6 Yarn (In HKS per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 3,500 Blue Phoenix 20's 3,550 Blue Phoenix 32'* 4,000 Blue Phoenix 40 s 4,500 Open-end yarn Blue Phoenix 7'* Blue Phoenix 10's Cloth (Quoted in HK$, whole spot ex-godown) 3,090 3,120 •ale prices. Carded
      88 words
    • 300 6 Singapore C-1 special C-1 Ordinary Loonzon 100% unq (SS/kilo, ei-qodown) unq Thai white first grade unq 100% 1st class 100% second grade 255 (kangaroo) 1 05 077 100% ttwd grade unq new crop 00% 2nd doss Porboiled 100% 3rd class 075 5% 265 25% new crop No stock 10%
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    • 53 6 WHEAT FUTURES closed 3'/2 to IV* cents a bushel lower on the Chicago Board of Trade on Monday, near the bottom of the day's 314-cent range. Weakness in other grain pits pressured wheat values. Drier, windier weather in western states, which have had some flooding, contributed to the decline
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    • 43 6 CHICAGO soybean futures closed near the lows, off 7 V« to 10 cents a bushel on Monday. August traded in a 15-cent range. Nearby soyoil gained support from trade talk of tight supplies, along with purchases by both commission and commercial houses.
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    • 150 6 Chinese Produce black FOB NLW Sarawak Asta block FOB NLW 360 00 London Commodity Exchange ***** Exchange (Sellers' noon doling June 26. S$/100 kg) prices on Lampong block FOB Asta NLW ***** Si Bin' dw| anca* on iwM 25 (USSZloeetee Of Ewropoon ports. Coconut oil Bulk FOB 240
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    • 774 6 COFFEE Robusta futures ended a dull featureless morning session yesterday, unchanged to £15 higher apart from March which lost £4. September finished at £2,155, £8 up. Turnover totalled 1,456 lots including 231 crossed trades and 23 options. Physical markets were quiet with only modest interest seen in spot
      774 words
  • Page 6 Advertisements
    • 225 6 The first thing you notice as you enter the First Class cabin of a Pan Am 7475P is the extraordinary feeling of space. First In Comfort And as you settle into your Space Seat, your Pan Am Sleeperette Seat,® this sense of spaciousness becomes even more impressive. There's space in
      225 words
    • 125 6 eet on the beach ,in Penang. Come for business. Stay for pleasure. A convention centre right on the beach helps your delegates relax as they get down to business. Penang is an ideal location with its miles of white sand, clear blue waters and waving palm trees. On the finest
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  • BANKING AND FINANCE
    • 587 7 SINGAPORE: The local dollar closed higher yesterday at 5J2.1260/70 against the US currency compared with Monday's close of 2.1300/10, but was weaker against the Malaysian dollar at 5591.80/90 compared with 91.60/70. The US dollar closed easier against most major currencies. It closed softer at 2.7960/60 marks compared with
      587 words
    • 210 7 Interbank rates at 3pm Local dollars to onf unit of lerdey sroaa parity el currency: US dollar 2.1275 2.1285 2 8196 •2455 Sterling pound ***** ***** 7 3469 -60 85 Australian dollar 1 8222 1.8241 3 4286 -46 82 NZ dollar 1 3442 1 3469 ***** -60 75
      210 words
    • Article, Illustration
      221 7 Asian market DEPOSIT RATES closed little changed yesterday compared with easier opening levels. Short-dates fell between Vi and 7/16-point at the outset on a weaker US federal funds rate and then overnight weakened 3/16 point to close at 11 V« 11' THE PLR is Hw lowest lending rot* at which
      221 words
    • 266 7 SINGAPORE Futures trading was at a standstill yesterday on continued lack of interest and prices closed slightly firmer than New York's levels. Prompt closed slightly higher at U*****.50/370.50 an ounce against New York's $368.50/369.00 close, August at $374.00/374.50 against $372.30/372.60 and October at $381.50/382.00 against $379.70/380.30. LONDON The morning
      266 words
    • 112 7 THE OVERNIGHT rate closed easier at 7H per cent on the Singapore interbank money market yesterday. One-month term rate remained at 8 per cent, while the two and three-month maturities rose by 1/16point each. S$ interbank rates at 3pm yesterday Offer Bid Overnight 7 5/8 7 1/2 1-month
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    • 505 7 Reuter THE WHITE HOUSE has greeted a rise in the prime rate with criticism of the US financial community, which It said had refused to recognise dramatic gains against inflation since 1981. White House spokesman Larry Speakes said on Monday: "We are disappointed by this
      Reuter  -  505 words
    • 119 7 Reuter JAPANESE banks are increasingly malrlng loans to Latin American countries In yen because of the easy availability of yen funds, hanking sources said. Most of the loans made by Japanese hanks as part of loan packages signed last January for US$6 billion for
      Reuter  -  119 words
    • 206 7 Reuter ONLY seven of 18 new dealers given approval to start operating on Monday in the Australian foreign exchange market were fully active, market sources said. They were Hill Samuel Australia, Elder's Finance and Investment Co, Kleinwort Benson Australia, Chemical All-States, Capel Court
      Reuter  -  206 words
    • 134 7 Reuter THE BUNDESBANK said it saw little reason in the first five months this year to deviate from the maw» tary policy it set in autumn 1963, as money sapply was on target and both the economy and prion showed moderate growth. The West
      Reuter  -  134 words
  • Page 7 Advertisements
    • 386 7 •II \bur investment in productivity could mean over-buying equipment or buying just what you need. DISC-DRIVE CPU VIDEO MONITOR w 2 lAi.o* f The secret is in the Disque. Strange as it may seem, in the pursuit for higher productivity and efficiency, many offices actually create wastages. Principally, by investing
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  • FEATURES
    • 497 8 EXPLORING new destinations is part of the romance of travel. So after holding steady for five years, Singapore Airlines is again expanding its route network in a big way. The airline with the most modern fleet in the world flying to Malta, Karachi or Kaoshuing would
      497 words
    • 946 8  -  The first Lome pact was hailed as a model of North-South cooperation when it was signed in 1974. But it has since run into difficulties and some call it an outright failure. PATTI WALDMEIR reports. PATTI WALDMEIR Reuter FOUR YEARS AFTER former West German Chancellor
      Reuter  -  946 words
    • 440 8  -  By JACK REED UPI JOSE YAP would have preferred running for a seat in the National Assembly in almost any province except Benigno Aquino's. But his supporters, including Aquino's widow, urged him to campaign in Tar lac. After all, they reasoned, how could an opposition candidate
      UPI  -  440 words
    • 657 8  -  By CLYDE FARNSWORTH NYT A WILY FRENCH financial diplomat and a strong-willed West German economic policy-maker are at the helm of a new Washington institution that is starting to make its weight felt in the world debt crisis. The Institute of
      NYT  -  657 words
    • 1417 9 A fall with implications for the world economy as significant as the two major price rises Agencies AGAINST ALL superficial logic, the big slide in the price of oil looks to be on, and those who forecast future action from past
      Agencies  -  1,417 words
  • Page 8 Advertisements
    • 193 8 A modern single-storey detached factory located on a prime site at Jurong. 6 GUL AVENUE spacious, fully air conditioned offices of more than 5,000 sq ft suitable for electronic*, computer A precision engineering companies. She Area 79,197 sq ft Built-up Area 37,400 sq ft Asking Price 553.25 million Knight Frank
      193 words
  • Page 8 Miscellaneous
    • 964 8 TO Wb HIGHLIGHTS: Ernest Hemingway 8.03 pm, Channel 12 Hemingway, according to Anthony Burgess, was a moody, selfish, abusive and sometimes vicious man. In constrast to the tough, warrior-like characters in his novels, he was a man unable to live with his own image or to display the "grace under
      964 words

  • Page 9 Advertisements
    • 140 9 Keppel Automated Warehouse The only Warehouse that gives you Speed and Efficiency At 114 loaded pallets per hour The advantages of using •Jhßj Keppel Automated Warehouse |OBvBI over the traditional one are more than just economic. Your goods are better cMvjn! 2--® 1 protected as they are placed 1 S^B
      140 words
    • 186 9 fl W Malaysian Tobacco Company Berhad ANNOUNCEMENT The Board of Directors announce the following unaudited results for the first half year to 31 st March 1984. RESULTS After Tax Profits for the six months ended 31 st March decreased by $8.36 million whilst Turnover increased by $7.54 million. These results
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  • Page 9 Miscellaneous
    • 653 9 BxiStoW": Frank EhckenS is mry suit SH»Ny Tv-oo DOESS6O U<eTvW D6i-«O€I2PvTELJf VV6. FNLU)P<yS ftEJSp*«DGO NOD RS CRYPTIC PUZZLE ACROSS Where to grow cabbages for the dog? (5) 6 He has some pickles with his jam (5) 9 It's heard by listeners hidden in the hoy (7) 10 Behind some rafters
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  • INTERNATIONAL STOCKS
    • 248 10 Reuter SHELL Oil Co's Shell Western E and P Inc has confirmed that its oil discovery at Seal Island off Alaska is large enough to warrant commercial development. It said the Seal Island discovery could reasonably be in the range of 300 million
      Reuter  -  248 words
    • 233 10 FT BROKEN HILL Proprietary Company's annual production report has put beyond doubt that Australia's largest company will report its and the country's largest profit for its year ending May 31. With its slimmed-down steel division running at close to capacity and the important oil and
      FT  -  233 words
    • 287 10 SHARES in Wall Street eased on Monday in a dull session that saw investors torn between higher interest rates and Congressional action to cut the federal budget deficit. The Dow Jones Industrial Average, which gained 3.86 last Friday, slipped 0.55 to 1,130.52. It
      287 words
    • 133 10 JUNE 25 C$ Hud Bay Mot 10* -tt Imp Oil 36 Inco 13* i*»ch 24* hr»* Pro» P^x 28*. 36* 23* 2) unch Ml Nickel Mont 23* K«tr Add 17* unch Bonk Nova Scotia 10'4 Lobtow B 14* unch Bel Td 30 S Mou»» Fefg 3* -to BP Can
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    • 188 10 JUNE 25 tomd Trust Bk 282 2 Un 120 INOUSTtULS UnMC 545 -10 Woo^wofth ***** A Alpha 875 Ab«ccom 200 unch MININGS AE And a 940 unch Anglos 2325 -25 Amaprop AMtC 2875 -25 Angfrvool 1825 unc* Bortowi 1380 -10 Buttefc C G SfTwtti 355 -5 CNA 2806 Cum#
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    • 690 10 JUNE 25 USS ACF Industries 53H AJcon Allmn 28 AJcoo 32* Aiagheny Lud 21* Aflwd Cham Cp 32* A»ed Stores 42 Aln-Chaimers IIH Am Brandt he 55* 1 Am Broadcast 64*4 Am Can Co 46 Am Cyanamd 50* unch Am El*c Pwt 17* Am Exprass 29 Am Horn#
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    • 745 10 Amsterdam JUNC 25 FW A8N Aagon Ahotd ***** 2 114 00 2 5 176 00 +2 5 85 20 2 1 A/VtfV 150 00 +1 Amtoi Amrotonfc Ba«fc Boh Bonumi Boiko Burtet Catand 59 50 +0 6 3440 +05 85 50 +1 5 ***** 02 30 80 0
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    • 117 10 Reuter GENERAL Motors Corp will spend from US$6 ballon to |7 billion umully in the foreseeable future for capital projects, the trade paper Automotive, News said. It quoted Alexander Cunningham, GM's executive vice-president for North American passenger car operations, as saying tlje outlays will
      Reuter  -  117 words
  • Page 10 Advertisements
    • 116 10 cl mt€ti The Summer Palace 1 FINEST CANTONESE CUISINE FOR ALL OCCASIONS. THE ADVANTAGE IS INTER CONTINENTAL THE PAVILION INTER CONTINENTAL PAVILION INTERCONTINENTAL SINGAPORE I Cuscaden Road Singapore 1024 Tel: 733 BSBS TONY&TERRY SERENADE k T 0 i-V: V TA *1 Cascade garden Enjoy popular ballads evergreens and country n
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    • 128 10 Spectacular Double Bill v M mi Cedric Debbie A 2 cSouble excitement hits ROBIN S TAVERN Two popular groups entertain from 5 15 p m onwards A single group performs on Sundays and Mondays Order a glass of White Horse Whisky, Be* Whisky, Seager Gin, BisquH VSOP or Tiger Draught
      128 words
    • 174 10 K r n Af THE NIGHT BIRDS' popular all-girl Tai™n band and TTELEGANCF h« member band group. it Thev will give live entertainment while yo t Mit with vour favourite sink into our cosy comdrink. Both groups haw the perfectcom b,nation to put you in a wonderful mood. BUSINESS HOURS
      174 words
    • 129 10 i i fi! •Oqfr gkTJrand 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 SI6/ Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music
      129 words
    • 157 10 -J Feng Cheng Lou for the best Teochew food in town. Discover mouth-watering delights prepared by Hong Kong chefs. Feel like royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00 pm for dinner ci*jswn •FWWCE HOTEL 270 Orchard Road
      157 words

  • ASIAN STOCKS
    • 311 11 HONGKONG: Prices closed mostly lower in quiet and featureless trading yesterday. Losses were noted in the property sector. Cheung Kong eased 20 cents to HK18.35, HK Land five to $2.96, International City one tb 53 cents, Sun Hung Kai Properties 15 to 16.15, Tai Shing six to 82 cents.
      311 words
    • 236 11 JUNC 26 Al Sncm Indus Ana Cement Cathay Cora NT 8 85 50 31.10 0.1 +0.3 03 Chem Indus Lien Hwo Indus Nan Yo Plos Pocihc Cons Pacific Elect 23 20 13 70 35 90 32 10 19 30 0.2 0 2 0 6 0 2 0 1 Chong
      236 words
    • 353 11 TOKYO: Prices closed sharply higher yesterday after an irregular start on late selective buying of blue chips and populars. The market average rose 72.58 to close at 10,245.08 after gaining 8.34 on Monday, on volume of 270 million shares against 190 million on Monday. Wall Street showed only a
      353 words
    • 81 11 June 26 Bonk Seoul Won 700 LT>ctl Hyundai Corp Hyundai Motor 618 538 415 -4 +3 -5 Choheung Bk Commancol Bk 660 695 unch unch Korea First Korea Ol Korea St*p 690 837 414 unch inch Daewoo Corp 383 566 IS -2 +2 Lucky Ltd Sarrmmg Co 714 580
      81 words
    • 419 11 SYDNEY: Australian shares closed easier yesterday in subdued trading and under some selling pressure. At the close, the All-ordinaries index was 5.5 points lower at 656.3 points. National turnover was 29.56 million shares worth $24.65 million, with most trading done in low-priced oil and gas issues. Brokers said the
      419 words
    • 137 11 BANGKOK: Prices closed mixed yesterday with losses outnumbering gains in quiet trading. The Book Club index rose 0.39 to 118.64 on turnover of 42.4 million baht with 215.292 shares traded. AJNC 26 Sum City 2 Cement 390 A ok ham Thoi Sam Credit 62 50 -05 141 -4 Ayuthaya
      137 words
    • 128 11 MANILA: The market closed easier yesterday in dull trading, reflecting lower metal prices overseas. The Commercial and Industrial index was down 0.54 at 132.63, the Mining marker 13.56 at 1,041.22 and Oils 0.018 at 0.667. Lepanto *B' fell to 0.0525 from 0.0575, Philex 'B' to 0.16 from 0.1750 and
      128 words
    • 83 11 Reuter SONY CORP has agreed to supply Thorn EMI PLC with an undisclosed number of compact audio disc players to be marketed by Thorn EMI with the Thorn EMI brand name. A Sony spokesman said yesterday that this was the first time that Sony
      Reuter  -  83 words
    • 364 11 FT TOYOTA, Japan's largest car manufacturer, has confirmed that the joint-ven-ture factory' project which it planned for Taiwan is now likely to be delayed. A spokesman for the company on Monday said the July 4 deadline for setting up the joint-venture company with Toyota and 11 Taiwanese
      FT  -  364 words
    • 283 11 A PREREQUISITE for banks to obtain membership in a unified Hongkong stock exchange at the end of next year is to separate their securities trading and banking activities. There are four exchanges in Hongkong where membership is limited to individuals. When these exchanges
      283 words
    • 100 11 Reuter EXISTING AND planned levels of land release by the Hongkong government are more than adequate to meet the colony's needs in the next five years, the special committee on Land supply said in its 1963 annual report. It said long-term market
      Reuter  -  100 words
  • Page 11 Advertisements
    • 88 11 p m oui« ««d eatsrtaia J-* ]<- 9 Uinchf c ia» at the Luna «3?K $12* P« W <§0133U] 2nd Floor J V f s* W# V,\V'"l'' S MK/> >*> J< DISCARVERY LUNCH is the answer to having a gourmet meai within the limitations of a lunch hour. Select from
      88 words
    • 126 11 If smooth and silky is your style of relaxation, then surround yourself with SILK tonight. The smoothest trio in town entertains Mondays to Saturdays in the luxury of the Fountain Lounge. i WU Clllvl LCLilii Century Park Sheraton* Singapore Where style surrounds you. Nassim H* Singapore 1025. Tel *****77 Telex
      126 words
    • 130 11 w C 7 A special garden atmosphere \kiy where time never runs out. Here, master chefs prepare delicious and lingering tastes from gourmet style to simple meals. SPECIAL FEATURES: Dally Buffet Breakfast $11.50+ Daily Sat Lunch $12 Chef Recommend# tastes of Singapore Datfy M Unite Porridge $10 Sunday Family Buffet
      130 words
    • 81 11 Hilton's Lounge presents Sandi Mark A duo that packs between them enough musical styles, variety and talent to keep you entertained right through the night. Come and be enchanted. 8 pm 12.45 am (Mondays to Thursdays) Bpm 1.45 am (Fridays, Saturdays and eves of public holidays) BUNGE HUON MTfcRNATIONAb SMGAPORfc
      81 words
    • 177 11 THE ASSOCIATION OF BANKS IN SINGAPORE Banking Hours on Friday. 29 June 1984 Notice is hereby given that member banks in Singapore will open for business on Friday, 29 June 1984. up till 11.30 am only, to enable them to close their books for the first half of the year
      177 words

  • COMPANY NEWS
    • 872 12 MALAYSIA Mining Corporation Bhd (MMC) expects the longterm outlook for the group to be optimistic in some areas and pessimistic in others. According to MMC chairman Tan Sri Datuk Nasruddin bin Mohamed in the latest annual report, the group can, however, take comfort from the
      872 words
    • 238 12 Reuter BRITISH Electric Traction PLC (BET) and Initial PLC have agreed on terms for an increased offer for the Initial shares not already owned by BET, a joint statement said. The new terms are nine BET deferred ordinary shares plus £33 cash, or alternatively
      Reuter  -  238 words
    • 505 12 SHAREHOLDERS who are attracted by the long-term prospects of Berjaya Kawat Bhd have been advised to keep their shares. Bumiputra Merchant Bankers (BMB), advisers to Berjaya Kawat's minority shareholders, say, however, that those who wish to realise an immediate capital gain should
      505 words
    • 824 12 THE market closed lower in minimal trading yesterday, with prices drifting on lack of interest. Wall Street's weak opening contributed to the downturn and dealers said worries over interest rates continued to undermine sentiment. At 3pm, the FT 30 index was down 9.3 points at 903.4. North Americans
      824 words
    • 96 12 GRINDLAYS Holdings PLC confirms that it is having taiine with London stockbrokers Capel-Cure Myers which may lead to the bank taking a stake in Capel-Cure. A Grindlays spokesman said talks have been going on for some time though no deal has been finalised. A
      96 words
    • 94 12 HONGKONG Australian Industrials Hang Seng Index Tuesday 915.2 Monday 920.0 Tuesday 927 92 Week ago 899.8 Monday 936.37 Week ago 927.39 NEW YORK Dow Jones TOKYO Monday 1130.52 Friday 1131.07 Tokyo Dow Jones Week ogo 1009.65 Tuesday *****.06 Standard and Poors Monday *****.50 Week ago *****.34 Monday 153.97
      94 words
    • 198 12 Monogors' prices for Juno 27 Third B'putro Fourth B'putro Fifth B*putro Sixth ETputra Seventh B'putro (A) 4.47 500 3.51 4 52 505 3.56 Singapore Unit Trust 3.47 2.27 3.52 2.32 Th* Commerce 3.10 3 29* Seventh B'putro (B) 4.12 4.17 Th« Sovngi Fund 187 1.98 Eighth B'putro (B)
      198 words
    • 640 14 mm HONGKONG-based Sun Hung Kai has carried out a detailed study of three marine/engineering companies Chaaa Hap Marine, Paa Electric Industrie* Ltd and Time Eaglaeeriag Ltd. On Chaaa Hap, Sun Hung Kai reckons that the shares, trading at a 4.3 per cent yield, look
      640 words
    • 2254 14 BID and offer prices officially listed and business In and reported to tbe Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lota of 1,000 units unless otherwise specified INDUSTRIALS Alcoai (2 106 2.1 IS) (3) 2.10 (I) 2.11
      2,254 words
    • 259 14 INTERNATIONAL Trast Flaaaee limited: AGM on June 27 at noon in Conference Room of Ong A Co. Private Limited, 101 Cecil Street, #15-00, Tong Eng Building, (0106) MENTAKAB Bibber Cempaay (Malaya) Berhad: 25th AGM on June 27 at 10am at Komplek Kewangan, 7th Floor, Jalan Raja Chulan, Kuala
      259 words
    • 472 15 MULTI-PURPOSE Holdings Bhd is to use the net proceeds of Msl49 million from its proposed one-for-three rights issue to reduce group bank borrowings. As at June 8, 1964 the last practicable date at which such amounts could be ascertained prior to the printing of the
      472 words
    • 394 15  -  By NAJEEB JARHOM THE DOWNTURN in earnings at Malaysian Tobacco Co Bhd, which started in the 1982-83 fiscal year, has continued into the latest interim period. But the company, having maintained its 60-per cent share of Malaysia's cigarette market amidst "very competitive" conditions,
      394 words
    • 92 15 FABER Merlin Malaysia Bhd is issuing 35.156 million new shares valued at $1.60 each as consideration for the purchase of the proposed purchase of Subang Jay a Hotel Development Sdn Bhd instead of 37.5 million new shares valued at $1.50 each. This condition of the
      92 words
    • 220 15 THE COLD STORAGE group has set itself on a more determined course of expanding and revamping some of its retail and distribution activities. It has launched a number of new products on the Singapore and Malaysian markets, and acquired some new
      220 words
    • 126 15 FIRST Allied Corporation Bhd is proposing to acquire the entire issued and paid-up capital of First Allied Credit ft Leasing Sdn Bhd comprising two ordinary shares of Msl each for a nominal sum of $2 cash. First Allied Credit ft Leasing (FACL)
      126 words
    • 354 15  -  By CHAN MAY PENG THE BEMBAWANG greap hM drawn ap ĕĔtĔtĕ Mm plw for all its companies, aimed at bmrtlig profitability. This Is part of effort to take tfvutage of the Imminent recovery by hrsadca tag tae grasp's activities to replace lest basis eases.
      354 words
    • 83 15 TRADING on the Kuala Lumpur Stock Exchange this Friday will close at noon. The KLSE committee said that if Hari Raya Puasa is declared on Saturday, the exchange will be closed on that day and Monday, with trading resuming on Tuesday.
      83 words
    • 441 15 §RI HARTAMAS Corporation Bhd's offer for sale of 10.97 million shares of Msl each at par to the public has received overwhelming support with a subscription of just over 20 times at the close of applications last week. A total
      441 words
    • 679 15  -  By CHAN OI CHEE HWA HONG Manufacturing Co Ltd, the edible oil manufacturer with interests in construction, has finally confirmed the purchase of Singapore Warehouse (Pte) Ltd for $109 million. The announcement, coming two months after BT first reported it in
      679 words
  • Page 12 Advertisements
    • 252 12 Lord Boardman Chairman, National Westminster Bank A International business has enjoyed further growth in 1983 and contributed 38% of the Group profit before loan interest. «!> International financing for multi-national clients has been successfully arranged to support, amongst others, aircraft manufacturers and completion of oil and gasrelated projects. A International
      252 words
    • 77 12 The only Car Rental Company In Singapore that offers chauffeur driven Cadillacs I I s) Hourly rental at SsBo. Minimum rental is three hours. Daily rental at Sss6o. for the first eight hours. A surcharge of Ss2o per hour is levied from 2400 to 0800 hrs. (Prices quoted are subject
      77 words

  • SHARE INFORMATION
    • 4164 13 THE SINGAPORE stock market was one big yawn yesterday. Share prices generally recorded negligible changes, and closed on an easier note. The quiet day ended with the BT Composite Index touching another new 15-month low when it lost 4.96 points to 814.98.
      4,164 words
    • 229 13 SINGAPORE Rises Indices To*t4o Carp To* Com SO* 310 +22 AM 25 Jw 3* 600 20 rrc 819.93 814.98 M CoMtrt 730 +10 8Tl«lieni *****58 *****70 M Gton 231 +6 rr Ot/OS -383 -M0 J C MPH 144 +6 ST MoMb 905.04 900.34 KtMRtnfl SOt Seiemgor Dred^
      229 words
    • 523 13 IN SPITE OF the debut of Cement Industries of Malaysia Bhd (Cima) on the Kuala Lumpur stock market yesterday, share prices went through another boring session. Cima, the second most active stock with 680,000 units transacted, started the day at M 52.06 and moved to
      523 words
    • 2619 13 BID and offer price* 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 Settlement Contracts are quoted after the word "SETT"
      2,619 words
  • Page 13 Advertisements

  • Page 14 Advertisements
    • 1924 14 17 M 111 OROUP <&oli>eti Cattle Jfmance CORPORATION LIMITED (ißMrpmted in Slagapare) AND ITS SUBSIDIARY COMPANY BALANCE SHEET AS AT 31 DECEMBER, 1983 CQMTAfIY 4. CAPITAL RESERVES COMPANY AND GROUP CAPITAL AND RESERVES Share capital Statutory reserve fund Capital reserves Revenue reserves Represented by: FIXED ASSETS INVESTMENTS, at coat SUBSIDIARY
      1,924 words

  • Page 15 Advertisements
    • 180 15 i k Singapore Midland Bank in Singapore is your own direct link into one of the world's largest international banking groups. Staffed by experts with many years of local market experience Midland Bank in Singapore is involved in all aspects of wholesale international banking, including foreign exchange dealing, trade finance
      180 words

  • 540 16 TO HHP EXPORTERS of consumer goods to know better the buying policies and requirements of retail organisations in the US, the Trade Development Board and the American Business Council are organising a seminar on "Market Opportunities For Consumer Goods In The US".
    540 words
  • 118 16 ONE LOOK and you would get the feeling that anything could go wrong. And it did, again. This file picture released by the National Aeronautic and Space Administration shows a mockup of the area where a problem is believed to have occurred on the
    UPI photo  -  118 words
  • 261 16 THE RESERVE price set by Wardley for tomorrow's auction of Tunas Building is around $40 million, an indication of the merchant bank's determination to find a buyer for the property. Sources close to Wardley said the reserve or minimum price was chosen to present
    261 words
  • 295 16 THE FORMER secretary-gener-al of the North Atlantic Treaty Organisation (Nato), Dr Joseph Luns, will deliver the 1984 Singapore Lecture on Nov 8. His theme is "The future of the Western alliance and its implications for Asia". The lecture, at the Singapore Conference Hall,
    295 words
  • 267 16 THREE years of research in three countries and interviews with dozens of people culminated yesterday in the publication of a major historical book on Singapore. Times Books International has launched Singapore: Struggle for Success by John Drysdale into a market that has little published
    267 words
  • 209 16 THE MALAYSIAN government's proposal to clamp tolls on vehicles using the Causeway has come under fire from the Pan-Malaysia Lorry Drivers Association (PMLDA). The PMLDA president, Madam Zainah Yang said yesterday that millions of dollars have been collected in tolls on some highways but road
    209 words
  • 66 16 AFP ISRAELI farmers, finding that lion excrement is all but infallible in stopping gazelles and deer from eating their crops, have started such a run on the excrement at a zoo that an effort has been launched to make it synthetically, the Jerusalem Post reported The
    AFP  -  66 words
  • 122 16 Reuter EUROPEAN Economic Community leaders yesterday resolved Britain's budget row with the EEC, said a Dutch spokesman. He said Prime Minister Margaret Thatcher had accepted a three-year deal which would give Britain a rebate based on two-thirds of a reference figure. Diplomats said there
    Reuter  -  122 words
  • 418 16 Reuter US BANKS are likely to raise their prime lending rates further in coming months unless market interest rates and business loan demand fall sharply, economists said. First National Bank of Chicago yesterday led a host of other banks in raising its prime
    Reuter  -  418 words
  • 178 16 Reuter HONGKONG'S main banks have decided to raise their prime and deposit interest rates by one per cent with effect from today, the Hongkong Association of Banks said. Hongkong and Shanghai Banking Corporation and Chartered Bank are raising their prime rate one point to
    Reuter  -  178 words
  • 67 16 INTEREST rate pressures pulled stock prices lower in early trading yesterday. The Dow Jones Industrial Average, fractionally lower on Monday, was down nearly three points to under 1128. Losers held a nearly two to one lead over gainers. Volume was about four million shares. K Mart
    67 words
  • LATE FILE
    • 56 16 AFP SEVENTY-SIX people attempting to leave Iran aboard a small boat have been arrested by security forces south of the Iranian Gulf port of Bushire. The Islamic Republic newspaper said yesterday that each passenger had paid 1.2 million rials (about US$l5,OOO or twice the average annual
      AFP  -  56 words
    • 53 16 Reuter SAUDI ARABIA and its conservative Gulf allies have opted for air cover as the best method of protecting shipping outside the IraqIran war zone in the northern Gulf. Chiefs of staff from Saudi Arabia and its five partners in the Gulf Cooperation Council reached the
      Reuter  -  53 words
    • 57 16 AFP HONGKONG CHINESE who do not want to live under communist rule after 1997 can find temporary shelter in the Penghu (Pescadores) island group. The proposal came from Hsu Tung-pin, one of several leading Hongkong Chinese who had informal talks in Taipei yesterday with officials
      AFP  -  57 words
    • 39 16 Reuter JAPAN WILL again press for a new round of multilateral trade negotiations beginning in 1966 during trade talks in West Germany this week, said International Trade and Industry Minister Hikosaburo Okonogi yesterday.
      Reuter  -  39 words
    • 61 16 UPI A GROUP of Japanese oil companies yesterday announced the discovery of large oil and natural gas deposits on the continental shelf of the Japan Sea. The group said a test well sunk about 4 km off the town of Nakajo was pumping about 9,300
      UPI  -  61 words
    • 48 16 AP THE US Ebrim Bank has announced that it will guarantee financing of more than US$5OO million in American equipment for a pipeline to bring Iraqi oil to the Red Sea, bypassing the Gulf where tankers have been bombed in the IranIraq war. AP
      AP  -  48 words
  • Page 16 Advertisements
    • 527 16 Paperwork Simplification Singapore, August 29 31,1984 Paperwork Simplification is the organised application of common sense and tested improvement techniques to find better ways of dealing with paperwork. It assists in determining the information needs of an organisation. It seeks out and eliminates unnecessary procedures, forms, records and reports and ensures
      527 words
    • 4 16 Earlier report, Pag# 4
      4 words
    • 118 16 Reagan unhappy about riaa, Paga 7 fl In case of accidents, breakdowns or major repairs, you can count on National Car Rental for the most competitive rates in town. We'll have a car delivered to you immediately. A car of your choice naturally. National Car Rental has a fleet of
      118 words
  • Page 16 Miscellaneous
    • 54 16 Outlook for todoy: Portly cloudy; showers over several areas in the morning. Report for 24 hours prior to 7.30pm on June 26 at the airport: Maximum temperature 30.5 Associated humidity 76 Minimum temperature 26.2 Associated humidity 93 Hours of sunshine 2.70 Rainfall in millimetres 0.3 Roinfall this month 240.8 Rainy
      54 words

  • SHIPPING TIMES
    • 365 17 Bernama PERNAS SIME Darby Shipping (PSD Shipping) will be known as Malay-' sian Shipping Agencies from July 1 following the acquisition of PSD Shipping's entire equity by Perbandanan Nasional Shipping Line Berhad (PNSL). PNSL executive deputy chairman, Datuk Sulaimnan Abdullah, said that
      Bernama  -  365 words
    • 387 17  -  By G DURAIRAJ HAPAG-LLOYD's latest container ship sailed into Port Kelang today to demonstrate the resilcnce of the world's biggest container fleet operator. The 32,994 dwt Humbolt Express, launched recently in South Korea, was slotted into the Trio consortium service for a single trip
      387 words
    • PORTSIDES
      • 84 17 Reuter THE BACKLOG of shipbuilding orders in Japan at end-March increased 65 per cent from the year-ago level to 13.53 million gross tons from 8.19 million, the Japan Shipbuilders Association said. The number of ships represented increased to 599 from 358. The total comprises export orders of
        Reuter  -  84 words
      • 85 17 Reuter THE FAR Eastern Freight Conference said that based on average exchange rates for June 19, 20 and 21, the West Germany/Benelux currency adjustment factor shows a radical downward swing from 14.50 to 10.00. It said the West Germany/Benelux CAF should be adjusted for a 3.28
        Reuter  -  85 words
    • 767 17 IMppingUm P*g« Co4 Shipping Uw Pag* Cot Abo* Trank Shpg X 1 Fargo Shpg VI 1 Atao VI 3 Foko VI 4/5 Ahranhwl Lawr VI s FawOwr VI AC Toapta. X 5 FM&CAVN VI A*xx VI s Fronco Balg 4/5 Antoro Shpg IV 1 Frota Shpg VI
      767 words
    • 1011 18 AFP THERE was no let-up in the rate decline on the freight market last week, with new "lows" for the year being established through continued overtonnaging. Some reductions were quite sharp, particularly in the Great Lakes, where grain chartering so far this season has been well below average.
      AFP  -  1,011 words
    • 159 18 PACINDAT Mutual P I Association reported an increase of over 25 per cent in its insured tonnage renewal figure. The regional Protection and Indemnity organisation also known as the Far East Club provides cover for more than 350 vessels from just 20
      159 words
    • 85 18 THE SOVTET-owned, CTC Lines, is negotiating to act as UK agent for Italian and Greek cruise interests next year. Operators in Greece and Italy are expected to increase their presence in the UK market next year and an agency deal with CTC would save the companies
      85 words
    • 1720 18 ACTIVE vessel chartering for fertiliser cargoes on Indian government account at generally steady rates featured the freight market on Monday, shipbrokers said. Urea from Shuaiba, Umm Said or A 1 Ruwais to west coast India paid US$l4 while $11-25 was agreed for sulphur from Jubail to India. A
      1,720 words
    • 148 19 Reuter NEW SHIPBUILDING orders in member countries of the Organisation for Economic Cooperation and Development (OECD) rose sharply during the first quarter of 1984, the organisation said in a statement. New orders in OECD countries totalled 3.04 million gross registered tonnes (grt) compared with 1.49 million
      Reuter  -  148 words
    • 64 19 Reuter THE WORLD Bank said it has approved a U5576.3 million loan toward completion of an industrial ports complex on Mexico's southwestern coast. The bank said the loan will be used to finish the Lazaro Cardenas industrial port. Mexico will pay the balance of cost for
      Reuter  -  64 words
    • 348 19 URGENT ACTION to save large sectors of the United States maritime industries was urged in the House of Representatives recently. A wide range of industry experts told the merchant marine subcommittee that the US government needed to become more involved in maritime research
      348 words
    • 193 19 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (BTRAITB/ AUSTRALIA): Australian National Line. Australia/Straits
      193 words
    • 491 19 Reuter TEHRAN RADIO confirmed that the Greek tanker Alexander the Great was hit in an Iraqi attack around Kharg Island on Sunday and said a fire on board was brought under control by the National Iranian Oil Company. It added the tanker
      Reuter  -  491 words
    • 4977 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates
      4,977 words
    • 599 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location N Zircon 20S/N 28.684 0300 NAPL FSB 1300-1500/1300-1500 A3/B3 Sea Hawk 45 28.684 0700 Eastern M TA 3 1400-1500/1800-1900 A3 Fenhe 13W 28.684 0700 Y Fung FSB
      599 words
    • 1739 25 The leading shipping lines operating from local ports and their agents. A-B AFTA African .Shipping Agencies <S) Alr*-KiruU Um Transgroup <S» AhrenMel Liner Service Kim Shpg <S) Alfred C Ttrffrr Oceanus Shipping Agency (S) Manntex Enterprise (PK). AlpM Intrasea (S) BinUng Shpg (KL) Island Cargo Handling
      1,739 words
    • 426 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bornion Dua 25 Sankyo alongside 27.6.84/1100 Cochise 15/6 Aru alongside 27.6.84/0600 Donam No 7 37/8 NAPL alongside 27.6.84/2300 Jalagopal 44 Ned-EAC alongside 27.6.84/0600 Jenson 22 Thong Soon alongside 27.6.84/0700 Jenson II 21E Thong Soon alongside 27.6.84/0700 Nile
      426 words
  • Page 17 Advertisements
    • 342 17 REACH YOUR AUDIENCE EFFECTIVELY TIMES IkisiiK'SS Dim lor> of Stn&)|M>iv ii -IAHDIXK Ui AN'TAH FULLY CONTAINERISED SERVICE TO EUROPE VIS SUEZ CMNA com MO lO€V/U.O RO2E 39W N. GMKT 20M IMUfTERUNCX 2D KOKM CHANCE IIN KOREAN MCEJN 25N ITU BROS 21W QUINT Al CHET 40W cwvaier r»m 4i« Calling Bremertiaveri
      342 words
    • 308 17 i I UASC UNITED ARAB SHIPPING CO SAG) NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE KROM JAPAN TAIW AN HOV.kOV. ALSO CALLME TM6OYA IMMTA Al MANAKH ¥.1 2/7 11/7 12/7 13/7 15/7 20/7 17/7 11/7 IMMMMI *.7 13/7
      308 words
    • 831 17 OF ACt coK«rui IMIA tmrrmc cm**u turn FUL FULLY CONTAINERISED SERVICEI FAR EAST/EUROPE SP n TO COM CONTMR KM 6 10 6 IH/V/FI/M/M/«T PI 9 FROM KOWMI CHMC( 17f »/t 27/| UMB/n/M/M/IT CROWN MAMS CO (PTE) ITO TEL ***** M Kl (PCT) Td: *****6 For more details refer page IV
      831 words

  • Page 18 Advertisements
    • 288 18 Miimm FAR EAST/EUROPE CONTAINER SERVICE r— m= To Europe. Spar. lMfcalles 2) Rdaml 3) Hburg| 4) Gbur 3/7 It/7 23/7 24/7 26/7 10/7 I 25/7 30/7 31/7 2/8 1/8 6/8 7/8 9/8 8/8 13/8 14/8 16/8 17/7 1/8 6/8 7/8 24/7 8/8 13/8 14/8 31/7 15/8 20/8 21/8 7/8 22/8
      288 words
    • 545 18 Bangkok Penang utp<> Jakarta Surabaya lutoka Nedlloyd takes the Kiwi route from Southeast Asia to New Zealand A We named this direct route from Southeast Asia to New Zealand after the kiwi, the small bird with hair-like feathers that's unique to New Zealand.We have been plying this route for over
      545 words

  • Page 19 Advertisements
    • 902 19 The Straits Steamship Group JFIV STRAITS SHIPPING f Singapore to Saboh, Sarawak, Brunei Porta and Bangkok COWTMOSHP SERVICE TO/FROM BANGKOK STORE BIOK PEGASUS rm *332* ta Port/27 Mi 29/30 Mi PEGASUS m* V333N 03 04 M 0C 07 M BANGKOK AGENTS: BORNEO AGENCIES LTD BANGKOK TEL: *****80 SINGAPORE TO SABAH.
      902 words
    • 339 19 Franco Belgian Services r*r Xai. >«rrw# /*r ,-wi« >Jf iLuiirm t"UJ COWTMPOW MMg TO MOW rraK P. KOJWE L( Htwt r*a* F*SMm Ha lltotai tort (MtMBIR Of ACI CONSORTIUM! BOS SM IM MM 25 M 27 M 29 M 30 M 1 to* ntMHKMI) H cram iim 12 w 3*m
      339 words

  • Page 20 Advertisements
    • 583 20 Hapag-Uoyd 10 CONTENT UK EXPORTS S pate P Kelanj Pent leiioes Mm Genu H'buj Rdam B'haren Antwerp BAKBEIt TSU 20/0 0/7 2/7 21/7 3/0 11/1 14/0 Connecting m Tokyo Connecting m Kobe "Also accepting corgo tor ATLANTIC GULF PORTS vio rrwnitandbridge and US MID-WEST by microbridge" FROM CONTItCNT UK IMPORTS
      583 words
    • 474 20 M.S. LINE IO>H ',J»_ CONTAINERISED SER VICE TO EUROPf VIA SUEZ 1 A Member of the Ice Coroortwm/ Ldian* R4an 11/7 19/7 CWU CONTAKR 26*1 cttvwf* »ofl m icpnac crystal in MACTDMNCII TK KOREAN CHANCE 18* 9, 8 12 8 IS 8 18 8 FROM EUROPt Vl# SUE/ 1 Memoer
      474 words
    • 371 20 r EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE EUROPE FAR EAST CONTAINER SERVICE FAR EAST/MED FULL CONTAINER SERVICE m D 1U IW PSO RC (CD l(G GEN FOS £m» Forward 30/6 12/7 17/7 17/7 10/7 25/7 21/7 22/7 23/7 Foot Forevor H/7 22/7 27/7 27/7 2J/7 «/S 31/7 1/1 2/1 MSO
      371 words
    • 984 20 KIE GWAN SHIPPING (M) SDN. BHD. No 2(-A MIAN BERANGAN KMT KEIANG. SELANGOR. MALAYSIA TEL Not 3M712 3*6435 *****2 3107(4.*****2,*****7 N. MALA TO E. MALAYSIA SERVICES: SATU KKblu S kan Tawau tKITA Kuching KKNu tHATI BAIH KKbtu S kan. Tawau tGAMBUA KKblu S kan. Tawau tHATI SENANG KK S kan
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    • 224 20 m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES RANBORHAN RAN EKRAM... IRANIAN SERVICES B AMas. B. Kh da Singapore ymost maritm pti ltd TEL *****44 7 *****70 PORT HUANG MAIOSf MARITKK SON BHD Tel *****7 3 PINANG MALAYSIA IRAK t TRANSPORT LTD Id ***** 63/75 F^kyow^UNE TO PAPUA NEW GUINEA/ SOUTH
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  • Page 21 Advertisements
    • 482 21 r< pil group EAST AFRICA/REDSEA SERVICES KARACHI/P.GULF SERVICES VOYAGE KARACHI i/.'l E-300 E-302 28-30/6 20-25/7 9-18/7 19-23/7 24-27/7 3-11/8 1 14-17/8 18-22/8 COLOMBO/CHITTAGONG/RANGOON SERVICES Colombo 28-1/8 KOTA BERJAYA W-417 20-23/7 BANGKOK DIRECT SERVICES KOTA PELANGI VOY: 8/84 29-30/8 KOTA RIA VOY: 8/84 2-4/7 INDONESIA SERVICES u»j: MnnTfTTT KOTA PELANGI PACIFIC
      482 words
    • 271 21 MALAYSIA SHIPPING CORPN. SDN. BHD. VESSEL VOY. PEMANG ROTA BERLIAN 5/14 ROTAMDAH 5/84 20-30/6 KOTA HARAPAN 6/04 KOTA BAHAGIA 6/S4 P. KELANG LOAttNG FOR 27-1/7 KU/KK/LD/TA 14/7 RR/SKN/TA lllt/7 KK/SKN/TA 19-24/7 KU/KK/SKN Agents SINGAPORE Pll TFL ??***** P KEIANG SFIATAN AGENCY TTL *****6 *****3? Kl SfIATAN AGENCY TEL *****9 ??6812
      271 words
    • 990 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE EUROPE eromtaow ham ewKK dam wmk uk Iftaag Eipress SM SiM Saiad Saint Saied Carckgan Bay Salad Sated Sided Salad Sated Kaluga Mara Salad Salad Sated SjM Sated BaaaUar Saw Sain, SiM M SA« Fraakhrt Eipreii Sjfed Sated Sated Sated Sated LnrayaMßay Sated
      990 words
    • 665 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Buun Yofco Kobe Km- S'porc T{fnok MAIAPAHIT V 1108 11MB GOWA VlO 08 l«/« 20/6 21/8 24/6 5/7 7/7 11/7 14/7 16/7 20/7 26/7 27/7 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE STORE P KELANGR'DAM TILBURY HHURC ANTWERP A DAM LONDON BREMEN MAS ULLAM V7WB 4-10/7 11/7
      665 words
    • 578 21 "8® BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadhg for Rangoon S'pore Hoka Htoneywa Vl9l 4/ 6 July Poon V 73 11/14 July Pinya 17/20 July PKelong Penong 28/29 June 15/16 July \> BANKUNE EXPRESS INDEPENDENT SERVICE TO UK/CONT CLYDEBANK FORTHBANK SPORE R'OAM HULL HMBG 16
      578 words

  • Page 22 Advertisements
    • 730 22 v®\ K t ■■■J™™* -KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND vU IPI/MICROBRIDGE A MINILAND BRIDGE) USO ICCEPTMG MONTHJU TOMNTO MS OHO IB HCtK. GULF, ATIAKTIC POUTS N MMD POMTS ATLANTIC COAST FEEDER/ WHORE BRDGE V 32 KANSAI PIONEER V3S ASM STAR V 25 MOTHER VESSEL
      730 words
    • 337 22 L*l IDS CHAR CHING MARINE CO ITO HCUMI USA WESTCOAST FULLY CONTAINERISED SERVICE MOT** VESSEL CCPTI CC LA CC Sf A CC OAK OAK LAM) SfATTU 23 ur x ur 11 UT 17 ur II UT 24 UT Aha Kccptnf cantxwrs «u MUI to Houston. N Orleans Ma licrobridfe to
      337 words
    • 507 22 63 (3 £fSw CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAIMER/REEFER/BULK SERVICE lor lOS ANGELES SAN FRANCISCO SEATTLE. TACOMA VANCOUVER B C Accept«| Fa /Fa Contaam >«» sri wsr AUSTRALIA EXPRESS CONTAINER SERVICE Acceptm( Fa/Fa Caitamen •Ah« accept!* trim f ttelanf Is, Auck tMlytt S|*i M ST* RAWtAS 1/1 My IU My
      507 words
    • 650 22 SANKD ASIA FROM JAPANESE PORTS AMO HONGKONG 1 SANKO SCORPIO 2 SHMKOMMU 3 OCEMM SIM 4 PALMSTAR VVtGO 5 LUCULEfIT 6 ESTE GLORIA 7 HOT* TMOR 21/29 km 2/4 M 5/7 U 10/12 Jul 11/13 Jul 11/13 Jul P. KeUnj Peiunf Wort/27 hr 30/1 Jul Ajtnii Singopore CF Shorp &Co
      650 words
    • 501 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa' Pi a/a Singapore 0207 Tel *****11 (lO Lmesl o BREAKBULK SERVICE TO EUROPE/UK FORT NELSON 88M907 S pore P. Kctanf Loadmc 30/6 J/7 SETE/ROTT/ANT/U* Q ALPAC LINE ALPAC ASIA 165W8 S pore P Keiang Loadmf tar: Saied Durbari Tamata»e nt SEAWOOO
      501 words

  • Page 23 Advertisements
    • 505 23 TO EUROPE/UK (VIA SUEZ): C CONT MO 26N+ C ROZE 39W MAETERLWCK 2W 16/7 17/7 4/8 5/8 7/8 9/8 K CHANCE 18W 22/7 23/7 10/8 11/8 13/8 15/8 K JACEJM 25W 31/7 2/8 20/8 21/8 23/8 25/8 Also accepting cargo to/from Scandinavia C CONTAINER S'pore Closing Times: FCL Cargo 0800
      505 words
    • 393 23 HEUNG-A SHIPPIN Korean Flag Vessels OB SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK. *1,1 m NFPTUNF AGINCIIS PTE 110 Tel ?/'***** 2 7854J4 Boo*»i|s) m7SIO ??1?0?2 (Operations) ??2?48/ ??09?84 (IfffTwul) ??0?450 ??0?504 <CFS> VA At it 1 ,»v TUNAS SFTIA SDN BHO HI Tel *****0 *****4 PK Tel *****4 PfNTel *****5 *****5
      393 words
    • 786 23 &SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P WIWS PENANG M/S SHARftAT WAH SOON SON. BHD IST AND 2ND FLOOR. MESSRS HM THONG SMPPMG 23 Weld
      786 words
    • 28 23 U ahrenkiel liner service gmbh DURBAN. JOHANNESBURG MAPUTO. MAURITIUS REUNION 1 TAIWAN INTERNATIONAL LINE REGULAR RED SEA SERVICE General Agents: EAGLE CORPORATION (PTE) LTD. Tel: *****88, *****89 *****80
      28 words

  • Page 24 Advertisements
    • 470 24 •p Kejlinnal Container Lincs^ J~"M'I Sailings Weekly Reliable Regular Punctual Berthing P.S.A. 1500 Hrs. Tues, Thurs Sat HINODE KISEN CO. LTD MIDDLE HAST REGULAR LINER VEB DEUTFRACHT/SEEREEDEREI ROSTOCK EXPRESS SEN-CONTAINER SERVICE I Europe S pore P Kelang Penang ITdam Awerp H'burg Host POTSDAM 29/30 Jun 1/3 M 4/7 M 28
      470 words

  • Page 25 Advertisements
    • 58 25 AGENTS SEAUON SHWNG (S) PTE LTD. DIRECT FULL CONTAINER SERVICES ammi iGims ORIENTAL SE AMINOS I INI R AGENCY PTE UD SINGAPORE TEL 2205M1 SALES/BOOKINGS MALAYSIA GENERAL FREIGHT (M) SON BHD PK M 044« KL 9141*4 PEN *****3 (Accepting FCL ond LCL) DIRECT CALL VESSEL JAVA WINDS ORIENT WINDS CHINA
      58 words
    • 394 25 DAIICHI CHUO KISEN KAISHA TOKYO HAI SUN HUP CO PTF LTD ISinq.ipor. H S H Mi Sdr iPnrt Ht'ijnq. jr Nedlloyd Lines Losing lor CENTRAL AND SOUTH AMERICA I CARRIBEAN/CENTRAL/EAST COAST SOUTH AMERICA accepting containers to Cambean ports via B'town EAST COAST SOUTH AMERICA VESSEL S'PORE IP. LOUIS STOS P'GUA
      394 words

  • Page 26 Advertisements
    • 80 26 EGYPTIAN NAVIGATION Co. Egyptian \ational Line DIRECT LINER SERVICE TO EGYPT (ALSO ACCEPTING CARGO FOR JAPAN) Vessel S'pore Port Slid Alenndru ABUQft In Port 11/7 13/7 ALMANDARAH 23/7 1/7 10/S AGENTS NEPTUNE AGENCIES PTE LTD Tel: *****77/*****34 SERIA MARKETING NAVIGATIONAL (S) PTE LTD Vessel ETA YTK S'PORE 7 Destination P.
      80 words
    • 84 26 INDON SHIPPING PTE LTD. TEL: *****39, *****20 TLX: RS ***** INDON SET ETA LOADMG FOT ESSEL 30/6 KHMH ESSEL 30/8 KM. DUMI. CM) WEEKLY LCL/FCL SERVICE M HARVESTER VESSEL P KEIAWG. PNG MK. NIG. MMU FULLY CONTAINERISED SERVICE TO SOUTH AFRICA VESSEL UNE DUttAN CAPETOWN P ELIZABETH LIZENA PTE LTD
      84 words
    • 708 26 FREIGHT MANAGEMENT •fCI I LCI UK/CONTMENT 21/4. 2/7. 1/7. J/7 17/7. 24/7 J.'v CANADA/U S A 4/7. 1/7. j/7 NEW ZEALAND FAR EAST 21/1. u/7. u/7. tin 24/4. 30/4. J/7 STWKT MLBOURK adelajw amsuw FREMANTLL UK POTS SCUOfUVU U HARVE ANTWERP ROTTERDAM BREMEN HAMBURG Ml MAJOR PORTS MSI I CAST
      708 words
    • 546 26 COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" I tiding tOft in* Mata'*n> to and a* ott*i Peruvian porb «nth transtiiprwnt i< Monjkonj and of Hot* On CPV Ihrougtt Bills ot lading to hnal destination Penang P. Kelang Sngaport MANOLOEVERETT 7/9 My 10/U My JOHNEVERFTT 10/12 My 13/14 My MURRAYEVERETT
      546 words
    • 784 26 ZIM NON CONFERENCE ROE PENDENT FULL CONTMNER SERVICE FCI/LCI cargoes USA East Nest Coast. Panama Carrttwan and East Canada f t*Of kTWr im Lai 111 In %c Nh KSSEI m TOKYO X hai 31 M II I* 13 A* IS A* 17 *"t I VCSSCI m TOKYO 9 W JIM
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  • Page 26 Miscellaneous
    • 177 26 Regional Weather M X VI S .s m m W^WM tt PS M 4 S* i v?» s ii 2%w 0/ E is K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. b^' Wind direction with speed in knots Wove height LEGEND: R Thunderstorm Temperature c X\ o
      177 words