The Business Times, 13 September 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 THURSDAY, SEPTEMBER IS, 1984 60 CENTS
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  • 696 1 US interest rates threat to world recovery IMF America leads the world out of recession but at a price Reuter THE BENEFICIAL effect of the vibrant US recovery has far outweighed the negative impact of high American interest rates on global economic health, the International Monetary Fund (IMF) said yesterday.
    Reuter  -  696 words
  • 152 1 THE selling of the American dollar against the West German mark in New York the previous night continued unabated in the local foreign exchange market yesterday. As expected by dealers, the upsurge of the greenback was stalled by a wave of nervous selling. These
    152 words
  • 427 1  -  By ANNA TEO HIGH FEES charged by the National Productivity Board for its training courses and the quality of its trainers were topics raised yesterday by some personnel managers. During the question-and-an-swer session after a presentation by the NPB on "Towards a Training Tradition"
    427 words
  • 54 1 Bernama AN ASEAN insurance college is to be set up in Manila, according to a statement released by Asean insurance commissioners at the end of their three-day annual meeting in Kuala Lumpur yesterday. The idea for the college was first discussed at a meeting in
    Bernama  -  54 words
  • 246 1 AFP WORLD trade spurted at the close of last year and the pace is keeping up. A report from the General Agreement on Tariffs and Trade (Gatt) has predicted a 5 to 7 per cent jump in trade this year. Trade
    AFP  -  246 words
  • Article, Illustration
    63 1 SHARE prices on the Slagspore stock market finished mixed to easier yesterday on light volume. Strong buying interest in certain bine chips such as Pan-El and Esso helped to liven op an otherwise listless day. At the final bell, the BT Composite Index had shed 3.92 points to
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  • 405 1 LINDETEVES-JACOBERG (Far East), a long established Dutch company trading in chemicals, building materials, electrical products and toiletries, has moved into chocolate manufacturing. The company recently bought the trademark and the chocolate making machinery of Highland Chocolate Products, which was in financial difficulty earlier
    405 words
  • 383 1  -  By LIM SOON NEO SINGAPORE Airlines's whollyowned subsidiary, Singapore Aviation and General Insurance (SAGI), doubled its gross premium to $30.8 million in 1983 84 from 1979 80, the year it started accepting direct market business from outside SIA. Compared with the gross premium of
    383 words
  • Page 1 Advertisements
    • 73 1 Budget rentacar w I Orchard: *****11 Katong: *****11 BEIT BUSINESS OR PERSONAL —V. NCR Decision Mate V You're sure to find our approach refreshing in your search for computers. At Microage Computer Systems, our satisfaction is helping you see beyond mere hardware, to workable solutions to your problems. Let us
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    • 261 1 SHARE INFORMATION 13 RAW MATERIALS 12 MONEY EXCHANGES 7 POOR soles and the uncertain future for tourism have forced Americoya, a venture between Japanese and local businessmen, to step into the mass market with a cheaper range of shoes. Page 2 THE MALAYSIAN government and statutory bodies have purchased, under
      261 words
    • 11 1 Full report, Page 14 International stocks, 10 Asian stocks, Pags 11
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    • 86 1 BEHIND EVERY SONY PRODUCT IS SONY Service *****1 SONY THE JNEAN: JULY C a/ tie/ W? ;> H Eyeglasses and Sunglasses le/ mu/t de (artier la-s niusi dt Cartier Boutiques: SiMMMIK ***"vfi.ir«.l Ro.ul lint* HIU Ml-'fc l,< Mkjim Rim.!. Inur GWHUI Gimtts: Miiro Cirjnu'"<' s I uil.\ I'lj/j *»i OnharJ
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  • HOME NEWS
    • 469 2  -  Company moving down-market to attract more local customers By CHUANG PECK MING POOR SALES and the uncertain future for tourism have forced Americaya to step into the mass market with a cheaper range of shoes. After 10 years in Singapore, the retailing joint venture between
      469 words
    • 261 2  -  By LISA LEE THE HOUSING and Development Board has awarded a 56 3 million building contract to Sin Huat Construction Company. It will build five blocks in Hougang Town Centre, consisting of housing, offices, shops and an eating house. Seven companies
      261 words
    • 76 2 THE TRADE Development Board has published two leaflets guiding the trading community to prepare the relevant documents for the import and export of goods. The leaflets explain the reasons for documentation, the procedures required and indicate where to get the relevant permits approved. Copies of
      76 words
    • 172 2 AFP SINGAPORE has agreed to give favourable consideration to proposals to help black women and children who have fled South Africa to neighbouring African countries. However, Singapore had not made any outright financial offer for projects to aid these refugees. This was revealed
      AFP  -  172 words
    • 464 2 Seminars and courses DURATION TITLE VENUE ORGANISER Sep 13-14 The Brain Skills Goodwood Pork Time Manager Seminar Hotel Int1& ATT Sep 13-15 Advertising For Royal Holiday PL Marketing Secretaries In Inn Communications Marketing Sep 14 Employment Of Foreign Personnel In Indonesia Mandarin Hotel Centre For Management T echnology Sep
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    • 496 3 ELECTRONIC funds transfer at point of sale (EFTPOS), a "cashless" payment system which involves electronic debiting of the consumer's bank account, is moving into high gear with plans for motorists to pay for their petrol through automated teller machines (ATMs) by the
      496 words
    • 209 3 SCHOOL grounds which are not used in the evenings, weekends and public holidays could be converted into parking lots for school buses. This was suggested by Mr S Chandra Das, Member of Parliament for Chong Boon. Opening the Chong Shan and Chong
      209 words
    • 240 3 A CANADIAN trade mission is in Singapore to form links and promote technology transfer. The mission, made up of 14 members from government agencies and private companies, is led by the deputy premier of Ontario, Mr Robert Welch. It is here on a
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    • 264 3 LACK OF maturity among Singapore students was cited by the president of the British Computer Society (BCS) as one reason for their low passing rate in the examinations. Mr David Firnberg, its current president, said another reason was that most of them
      264 words
    • 181 3 MORE THAN It speakers will talk on the impaet and implications of the Singapore Companies Aet and the problems and opportunities presented by the Companies (Amendment) Aet 1984 at a conference to be held on Oet 4 and 5. The conference on "Singapore
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    • 60 3 THE NATIONAL University of Singapore (NUS) has appointed Mr Huan Tzu Hong as Registrar. Mr Huan was previously the Special Assistant to the Vice-Chancellor. The NUS also announced that Mr Peter Lim, the acting Registrar, will be made director of the University Liaison Office, a newly-created
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    • Article, Illustration
      557 3 RIS COMPUTERS has begun marketing Convergent Technologies' MiniFrame and Mega Frame, two months after it was appointed Convergent's major Original Equipment Manufacturer (OEM) in the Asia Pacific region. The Mega Frame is a commercial multi-proces-sor microcomputer that can run multiple operating systems concurrently. It also allows users to
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    • 397 3  -  By LEE HAN SHIH ALL THE 134 km of expressways in Singapore will eventually be "digitised" if an experiment now being carried out on the East Coast Parkway is received favourably. The experiment involves the Public Works Department adding numbers, or digits, to
      397 words
  • Page 2 Advertisements
    • 366 2 The extrAu&nary 3-year warranty. mm.. BWARRANTY CHAMPION AUDI 100 CD WARRANTY Vehicle Model: Audi 100 CD (Code: Vehicle Regn No: Engine No: Chassis No: Champion Motors (1975) Private Limited wanrants that the above purchased Audi 100 is free from defect in materials and workmanship, according to current VAG Standards. This
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  • Page 3 Advertisements

  • OVERSEAS
    • 306 4 Bernama THE MALAYSIAN government and statutory bodies have purchased under countertrade arrangements M 557.33 million worth of goods so far and the government is all set to give countertrade more emphasis. Opening a three-day workshop on countertrade in Kuala Lumpur yesterday, Deputy Trade and
      Bernama  -  306 words
    • 433 4 AP A STABLE Philippines is important for the security of the whole western Pacific region, but the island nation is the only one in Asia with serious economic problems and political instability. The president of a Japanese private research institute, Masamich Inoki, told
      AP  -  433 words
    • 299 4 Reuter STRONGER than expected export growth means that Hongkong's gross domestic product (GDP) is likely to grow more than the 6 per cent initially forecast for 1984. The government said in its half-yearly economic report, released yesterday, that the earlier estimate of 6
      Reuter  -  299 words
    • 501 4 AP THAILAND, although it protects its wildlife, has become one of the world's major market places for the sale of skins, teeth and claws of big cats. Hunters from neighbouring countries kill tigers, leopards and other endangered species to supply Bangkok tourist
      AP  -  501 words
    • 240 4 UPI VIETNAMESE Foreign Minister Nguyen Co Thach has said that Hanoi is ready to allow a group of neutral nations to police the peace in Cambodia, a Japanese news agency said yesterday. Kyodo news service said Mr Mr Nguyen made the remark in
      UPI  -  240 words
    • 255 4 Reuter PARAMILITARY troop reinforcements marched in a show of strength through riot-hit Hyderabad yesterday in a bid to head off further communal HinduMuslim violence following the deaths of 18 people. Thousands of troops already trying to contain violence in the southern city of three
      Reuter  -  255 words
    • 312 4 UPI SECRETARY of State George Shultz said the United States will seek agreement with Vietnam for the release of 10,000 political prisoners for resettlement in America over the next two years. He added that the US will accept all Asian-American children
      UPI  -  312 words
    • 123 4 Reuter SOME OF China's growing number of small businesses are being forced to close because of unfair taxes and duties. The newspaper China Daily said yesterday that town authorities and police are levying dozens of payments for services that sometimes did not exist. Police
      Reuter  -  123 words
    • 795 4 ARRIVALS Operator 1 Stmct Local Front number timo KAL KE687 0020 SEL/KUL PAA PA5 0020 JFK/SFO/HKG CAL CI009 0040 TPE GIA GA1403 0440 HLP GIA GA7I03 0640 HLP GIA GA 1103 0700 UPG sv SV378 0745 JED SIA SQ43 MH681 0750 DHA MAS 0820 KUL TMA TL35I
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    • 496 5 UPI WORKING rotating shifts can reduce productivity by a third and may cut lifespans of workers by a fifth, but simple changes can eliminate these while keeping the factory or plant going round the clock. But little is being done to
      UPI  -  496 words
    • 170 5 AP AMERICAN businesses are planning to spend a record U*****.6 billion on modernisation and expansion this year, 14.3 per cent more than the amount spent last year. Washington said on Tuesday that business investment actually declined 4.8 per cent last year to $269.2
      AP  -  170 words
    • 87 5 PAST ATTEMPTS on his life have not dampened Pope John Paul's enthusiasm to reach out and touch the masses during his frequent travels. His enthusiasm is usually contagious as the crowds respond with delight. In this instance, the massive se- curity measures taken for his current tour
      UPI photo  -  87 words
    • 184 5 AP PRESIDENT Augusto Pinochet marked his 11th year in power on Tuesday with a warning to the opposition that his regime would take any action it deemed fit to prevent anti-govern-ment protests. He said he would not allow demonstrations such as those that left nine
      AP  -  184 words
    • 330 5 Reuter PRESIDENT Ronald Reagan of the US has offered to sell the Soviet Union an additional 10 million tonnes of American grain in the financial year beginning on Oct 1. Under a five-year pact, the US had already agreed to let
      Reuter  -  330 words
    • 199 5 AP THE Voice of America is starting a billion-dollar modernisation programme, including new radio relay stations in Asia, Africa and Central America. The agency reported on Tuesday that first-year spending of US$B5 million to begin the project has won congressional approval, but completion of the
      AP  -  199 words
    • 113 5 AFP ARTHUR SCARGILL, leader of the National Union of Mineworkers, is now receiving round-the-clock police protection following death threats against him, informed sources disclosed on Tuesday. Mr Scargill has been in negotiations in Edinburgh, Scotland, for the past three days with officials of the National Coal
      AFP  -  113 words
    • 258 5 Reuter THE BRITISH government sent an emissary to Nigeria on Tuesday in a move to improve strained relations over an attempt to smuggle a kidnapped Nigerian exile out of Britain in a diplomatic crate. The Foreign Office said Foreign Secretary Sir Geoffrey Howe had sent
      Reuter  -  258 words
    • 266 5 Reuter EUROPEAN Economic Community states have agreed on measures to combat the abuse of diplomatic immunity which they hailed as a major advance in the fight against international terrorism. The 10 EEC foreign ministers who met in Dublin on Tuesday gave
      Reuter  -  266 words
    • 438 5 Reuter PRESIDENT Ronald Reagan has taken a calculated political risk in agreeing to meet Soviet Foreign Minister Andrei Gromyko, a hardened veteran of diplomatic warfare, just five weeks before the US elections. If the Sep 28 talks go ahead and produce even faint
      Reuter; UPI photo; UPI photo  -  438 words
    • 172 5 NYT WALTER Mondale has levelled both praise and criticism at President Reagan's coming meeting with Soviet Foreign Minister Andrei Gromyko. "I am glad it is occurring and I hope they make progress," Mr Mondale said at Midway Airport in Chicago. "But I think it is clear
      NYT  -  172 words
    • 657 6 Manufacturer faces possible legal action NYT THE Pentagon, for over almost a decade, may have purchased as many as 15 million defective microchips for installation in the B-52 bomber and numerous other weapons that contain sophisticated electronic parts, the Defence Department said on
      NYT  -  657 words
    • 441 6 Reuter THE SUMMER OLYMPICS has produced a huge surplus of US$l5O million. Los Angeles Olympic Organising Committee (LAOOC) executives said on Tuesday that the forecast far exceeded an initial estimate last autumn of a $15.5 million profit and a subsequent projection last spring of
      Reuter  -  441 words
    • 295 6 AFP THE STILL-UNSIGNED pact for an Israeli national unity government was challenged by General Ariel Sharon on Tuesday night in a dramatic outburst. General Sharon complained to heads of the conservative Herat Party that their leader, outgoing Prime Minister Yitzhak Shamir, had still not reached
      AFP; AP Photo  -  295 words
    • 143 6 Reuter VICTORY by Iran over Iraq in their four-year-long war could threaten Gulf states and increase Soviet opportunity in the region, a former senior US State Department official said. Michael Sterner, deputy assistant secretary of state in the Carter administration, wrote in Foreign
      Reuter  -  143 words
    • 311 6 Reuter LISTING A U5574,165 ladder and a US$l7O flashlight as examples, a public interest group said on Monday the US Defence Department was apparently being overcharged for spare parts on two military cargo planes. The Project on Military Procurement, which investigates defence contracts, said it
      Reuter  -  311 words
    • 299 6 NYT A SUDDEN drop in the value of the Canadian dollar has emphasised the urgency of economic issues for the incoming Progressive Conservative government, which is due to be sworn in next Monday. The new government faces the dilemma of whether to
      NYT  -  299 words
    • 149 6 UPI AN INTERNATIONAL counterfeit ring based in Sydney, has been smashed with the arrest of eight poeple, Australian police said yesterday. Fraud squad detectives arrested six men and two women in connection with the case. Fraud squad chief Det Sgt Nelson Chad said six other people
      UPI  -  149 words
    • 251 6 Reuter THE EUROPEAN Disarmament Conference began its third session in Stockholm with the Soviet Union renewing its attacks on US foreign policy and accusing Washington of extending the arms race to outer space. Delegates said East and West remained as far apart as ever
      Reuter; AP  -  251 words
    • 257 6 UPI DEPOSITS of sand and gravel may be the most valuable mineral resources other than oil found on the ocean floor within a 320-km exclusive economic zone off US coasts, government scientists said. While petroleum is likely to be the "major resource" of the zone, said Mr
      UPI  -  257 words
  • Page 4 Advertisements
    • 270 4 "10 hours of TV advertising daily for just $3.17" Can you say the same? In-store merchandising. A most underused promotional tool. And one which achieves real results, because you can take as long as you like to show your product in use, or to demonstrate it and you're not constrained
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    • 9 4 Pan Am Clipper Class. Seatroom. More Ijegroom. More Space.
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  • Page 5 Advertisements
    • 291 5 Pigs! Every which way bulbose! ISbwal The Brasserie l^Rotoode. FT*** You may be relieved to hear that practical considerations were «lJ unsurmountable as regards flying >5V Oscar to Singapore, and letting him loose at The Brasserie this week. (Or even finding him a stand-in). For the simple reason that Oscar
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    • 3 5 Leader, Page 8
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  • Page 6 Advertisements
    • 287 6 If you want to get ahead in business, start by keeping up every day. If you're really serious about getting ahead in business, you should be reading the publication that keeps successful executives on top of the business news. You should be reading The Asian Wall Street Journal. and serv
      287 words
    • 132 6 RENT ONE ROOM GET A COMPLETE OFFICE For the price of a single private office you get a prestigious address in a business district of Singapore, an impressive reception area, conference room, receptionist/switchboard operator and access to modern office equipment like wordprocessing, telex, photocopying, etc. It's a new concept in
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  • BANKING AND FINANCE
    • 218 7 Reuter FEDERAL Reserve Board chairman Paul Volcker suggested that Fed monetary policy would be left unchanged in the forseeable future, a member of the American Business Conference (ABC) said. The executive, who did not want to be identified, was one of several ABC members
      Reuter  -  218 words
    • 126 7 UPI THE US Treasury Department has started to promote its new notes and bonds aimed at foreign customers, saying that from US$l billion to $2 billion in new securities will be sold in the first issue. The first such securities sold, probably in late October,
      UPI  -  126 words
    • 504 7 Reuter AT A TIME when the insurance industry has little surplus capital, analysts are taking a sceptical view of Cigna Corp's lead in insuring US$9OO million of Citicorp's exposure to troubled debtor nations. Analyst Thomas Johnson of Conning and Co, which specialises in
      Reuter  -  504 words
    • 260 7 AFP CHANCES that 11 Latin American countries meeting in Mar del Plata, Argentina, will be able to forge a united front to deal with their US and European creditors appear to have been compromised by the recent debt-reschedul-ing accord between Mexico and foreign banks,
      AFP  -  260 words
    • 141 7 Reuter MOSCOW'S Foreign Trade Bank is raising 75 million European Currency Units (ECUs) in a five-year loan which marks the first Soviet borrowing on the ECU market. Banking sources say the lead manager is Credit Lyonnais, who has declined to comment. But the sources
      Reuter  -  141 words
  • MONEY AND EXCHANGES
    • Article, Illustration
      664 7 SINGAPORE: The US dollar finished lower yesterday against most major currencies, but was above the day's lows in fairly active trading. The dollar closed weaker at 2.9925/35 marks compared with New York's 2.9965/80 close, but was above its low of 2.9840. It closed softer at 244.85/245.00 yen compared
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    • 128 7 THE OVERNIGHT rate rose by 3 g -point to close at 7 7 /s per cent on the Singapore interbank market yesterday. Term rate for the one and two-month maturities rose by Vg-point each, while the three-month rate eased by 1/16-point, compared with Tuesday's closing level. S$ interbank
      128 words
    • 255 7 Interbank rates at 3pm ClIfTWCiM lin l, lee Smithsonian Quoted yMttrdiy croea parity change Local dollars to one unit of foreign currency: US dollar 2 1605 2.1615 ***** -23 38 Sterling pound 2 7686 2 7721 7 3469 -62 32 Australian dollar 1 8061 1 8091 3 4286
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    • 36 7 THE Monetary Authority of Singapore has invited tanks and discount houses to tender for $140 million 91-day Treasury bills. The tender closes on Sep 14. Each tender must not be for less than $250,000.
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    • 199 7 SHORT-DATED Asian dollar deposit rates yesterday extended earlier losses in thin afternoon trading on increased lending interest. Interbank deposit ra lt»S us$ Offer Bid 7 days 11 9/16 11 7/16 1 month 11 3/4 11 5/8 2 months 11 13/16 11 11/16 3 months 11 7/8 11
      199 words
    • 368 7 Ear*d«Uar market yesterday opened with slight gains over Tuesday's closing. The upward momentum seen during the last two days could not be maintaned. December Eurodollar contract ran into resistance overnight in the CME market at 88.18 when there was absence of Fed intervention to push the market further. December
      368 words
    • 195 7 HONGKONG The metal closed at U*****.20 70 an ounce against New York's finish of $339.00/50 in moderately active trading dominated by overseas interests. On the local market, gold ended HK$32 above Monday's close at $3,202 a tahil. The krugerrand closed $25 higher at $2,780 (US$354). TOKYO Futures closed 14
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  • Page 7 Advertisements
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    • 79 7 }([~'{^*?'@_>@:%;{=]!?.[]!@*+&: Are you locked in your own thoughts of expansion, computerisation, automation or mechanisation? Cheer up. SAL has the right combination for you. We will open the doors for you to a whole new concept. Technology plus Leasing. Call us on 225-9555 and find out about us. We're sure you'll
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  • FEATURES
    • 467 8 IF ONLY EVERY day is electi6neering time in the United States, the world would be a safer place to live in. At least that's what political analysts would have us believe. President Reagan would not have agreed to meet Soviet Foreign Minister Andrei Gromyko if
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    • 1537 8  -  Will Singapore's lead be overtaken by Kuala Lumpur if the present trend continues? By CHAN OI CHEE THIS IS the year the drought hit the Singapore stock market. With only slightly more than three months to go before the end of the year, only
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    • 743 8  -  By TONY BARBER AS THE ANNUAL session of the International Monetary Fund (IMF) approaches, Poland is eyeing the benefits which may follow if President Reagan lifts his objections to Polish membership of the fund. Despite the IMF's forbidding reputation in some countries, a result of
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    • 714 9  -  By PETER MILLERSHIP Reuter INDONESIA is worried by a sharp drop in investment which businessmen and economists blame on new taxes, red tape and unrealistic policies. The government is anxious to dispel the impression of a chilly investment climate. It urgently needs funds to restructure the
      Reuter  -  714 words
  • Page 8 Advertisements
    • 446 8 K TIMES CONFERENCES Presents A TOP-LEVEL CONFERENCE ON SINGAPORE COMPANY LAW THE DIRECTORS WITH PARTICULAR REFERENCE TO THE COMPANIES (AMENDMENT) ACT 1984 4 5 OCTOBER. 1984 SINGAPORE OPENING KEYNOTE ADDRESS Mr Tan Boon Teik, Attorney-General. Singapore CONFERENCE CHAIRMAN Associate Professor Philip Pillai. Faculty of I aw. National University of Singapore
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  • Page 8 Miscellaneous
    • 657 8 12 13 CRYPTIC PUZZLE ACROSS I Save with new cures, by the way (6) 7 It's clear, maybe, they're musicol (8) 8 So long, and thanks again (2-2) 10 The beasts that beat up Buster (6) 11 It's a |ob getting a room (6) 14 Chop who's been out East?
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  • SPORTS
    • 660 9  -  By BRIAN MILLER CHOO LAI CHEE is a smart lady. And like all smart ladies she doesn't relish the idea of taking unnecessary chances especially in a sport that's as unpredictable as women's golf. So, when she tees off later this
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    • 423 9  -  By WALTON MORAIS EVEN AS she struggles to master the tricky Tanah Merah golf course, Nudeenujut Bunyaketu has already done much to make the Singapore Women's Open tournament a truly international one. For in this slim, tall and dark lady golfer lies a convergence
      423 words
    • 376 9 AFP THE AMERICANS are frantically trying to catch up with the Australian advance in yachting technology which shattered a 132-year-old myth last year. Big business is ploughing millions of dollars into research to try to produce a winner by 1987 when
      AFP  -  376 words
    • 158 9 Reuter LESTER PIGGOTT, who has already won seven St Legers. has been asked to ride 14-1 chance Crazy in the final English horse racing classic of the season at Doncaster on Saturday. Piggott was approached on Tuesday by Geoff Lawson, assistant to Crazy's trainer Guy
      Reuter  -  158 words
  • Page 9 Miscellaneous
    • 1144 9 w m mro HIGHLIGHTS The Sun Dagger 8.03 pm, Channel 12 In Chaco Canyon, New Mexico, there lived the Anasazi Indians a thousand years ago. They practised the most sophisticated science the precise marking of the sun and the moon using three slabs of stone as their "observatory". In May
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  • INTERNATIONAL STOCKS
    • 375 10 Reuter TRAFALGAR House PLC has sold its 7.08 per cent stake in Peninsular and Oriental Steam Navigation Co PLC (P and O) to Sterling Guarantee Trust at 307p per £1 stock unit. Trafalgar held 10.1 million P and O stock units, which
      Reuter  -  375 words
    • 139 10 Reuter BRITISH Aerospace (BAE), which builds wings for the European Airbus airliner and makes the Harrier military jump-jet, has announced a 54 per cent jump in pre-tax profits in the first half of the year. Turnover was also higher. Given stable conditions,
      Reuter  -  139 words
    • 300 10 UPI THE stock market, which surged at the outset on signs of lower interest rates, finished with mixed results on Tuesday when some investors cashed in on profits. The Dow Jones Industrial Average fell 4.53 to 1,197.99, the lowest level since it finished at
      UPI  -  300 words
    • 109 10 SEPT 11 C$ 4m unch Abftto 32 Inco 14* 32 34H 22* Algomo 21 23V. unch Intl r*ckc< 15* Bank Nova Scotia M Tet in* 32* LaMaw B 16* 4* BP Con Ltd 28 1 25 32 16* 25* 52* Can Prm Mg 47 Nofondo Carina O'Keefe 16* Noranda
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    • 203 10 sen 11 Rood Trust Bk 210 -5 Un Steel 100 unch INDUSTRIALS Untsec 495 unch A Alpha 760 10 Woo<wofth 1400 25 Ab«rcom 130 -15 MININGS AE And CI 770 2210 365 ***** AM?' 0 2600 1725 25 1075 5 Buffets 7300 C G Srmth ***** 490 10 CNA
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    • 702 10 SfPT 11 USS ACT Industries Alcan AJumn Alcoa ASegheny Lud Afced Cham Cp AM Stores Afcs-Chalmers Am Brands try: Am Broodcast Am Can Co Am Cyanamd Am Elec Pwr Am Express Am Home Prod Am Motors Cp Am Natiral Gos Am Tel Tel Amox he Amerodo Hess AMF
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    • 943 10 Amsterdam sen II Fta ABN 293 00 +4 Aegoci 116 50 07 AhoM 196 50 25 Akio 92 40 2 3 AMEV 163 80 +12 Am»o» 55 00 0 6 FWk TO SO 4-0 4 Bote 92 80 0 3 18 00 -0 8 Burter 6400 +12 Catond
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  • Page 10 Advertisements
    • 196 10 <s/di M is P T ii ifip _The Summer ftdaoe. proudly presents a special lunchern menu can think of sixteen reasons why Braised fish maw soup with crab meat. braised fungus soup with assorted meat, braised bean curd with vegetables, braised diced chicken with fresh milk, Pe Pa bean curd,
      196 words
    • 127 10 Spectacular Double Bill Cedric Debbie Kathy Los Amors CxTouble excitement hits ROBIN S TAVERN Two popular groups entertain from 5.15 p.m. onwards. A single group performs on Sundays and Mondays. x^TT777T>v 25% discount on all drinks. jm Offers are valid during 4.00 7.00pm only. HOTEL ASIA Your trtand in Singapore
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    • 126 10 The President Lounge prntnts Ttu sweet sounJs of 5 MA 4:7 s The Nightingales, a captivating all-girl hand from Taiwan will sing >our favourite numbers while you unwind alter a hard day's work with a favourite drink Relax with The Nightingales and TV New Sensations our throbbing resident hand Hours:
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    • 126 10 MEMBERSHIP FOR SWIMMING POOL MEMBERSHIP FEE Single $15.00 per month Couple $25.00 per month Family $30.00 per month Group/Company Negotiable ENTITLEMENTS: Exclusive use of the Swimming Pool on 3rd Floor of the Hotel from 8:00 a.m. to 9:00 p.m. 10% Discount on all meals in Cafe De Grand 10°o Discount
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    • 77 10 1<» 4 V V 4> m Feng Cheng Lou for the best Teochew food in town. Discover lV mouth-watering delights prepared W* by Hong Kong chefs. And feel like |Jr royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00
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  • ASIAN STOCKS
    • 383 11 HONGKONG: Share prices closed generally lower yesterday with concern about possible increases in local interest rates, following recent rises in the the US dollar. Among leaders, Cheung Kong eased 10 cents to HK$7.7O, HK Land 10 to $2.85, HK Bank five to $6.25, HK Wharf 10 to $3.65, Jardine
      383 words
    • 286 11 sin 12 NT Chem Indus 20 00 -04 Lien Hwa Indus 1320 -0 05 Afl Sincere Indus 6 80 unch Nan Y a Plas 30 60 unch Ana Cement 25 50 unch Pacific Cons 27 40 unch Cothoy Cons Pacific Elect 1900 0 1 Chang Hwo Bank 61 00
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    • 464 11 TOKYO: Share prices closed firmer yesterday after a day of quiet trading as buying interest spread over a wide front from incentive-backed shares to blue chips despite an overnight Wall Street decline. Major gains were made by Hitachi, Fujitsu, Sony, Japan Airlines, Sumitomo Electric and Okuma Machinery, but Kuraray,
      464 words
    • 95 11 Sep 12 Bonk Seoul Won 659 unch Hyundoi Motor K AL Korea First a 730 3 -6 1 Choheung Bk 620 -1 unch *38 -4 2 Korea Oil 1230 +9 Commerciol Bk Doekm in d Daewoo Corp Daewoo Ind 665 606 505 655 Korea Lucky Ltd Samsung Co 455
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    • 411 11 SYDNEY: Prices firmed on Australian share markets on moderate turnover yesterday as investors responded to mostly favourable news from abroad. The All Ordinaries Index was 3.7 up at 718.1, the All Industrials 2.5 higher at 1,025.0 and the All Resources 4.4 up at 479.7. Rises outnumbered falls by around
      411 words
    • 163 11 BANGKOK: Shares prices closed lower yesterday in moderate trading. The Book Club Index fell 0.31 to 118.03 and turnover dropped to 262,023 shares worth 49.8 million baht from 374,384 worth 51.8 million on Tuesday. Siam City Cement was the most active stock with 45,600 shares traded. The stock finished
      163 words
    • 131 11 MANILA: Shares prices closed mixed yesterday in continued dull trading. The Commercial and Industrial Index was unchanged at 941.92 but Oils rose 0.004 to 0.648 while Mines were down 0.27 at 109.43. Lepanto rose to 0.036 from 0.033 but PLDT fell back to 36.50 from 37.00. urt 12 Pno<
      131 words
    • 62 11 Reuter THE outstanding balance of margin buying positions on the Tokyo, Osaka and Nagoya stock exchanges last week fell for the first time in five weeks, by nine billion yen to 2,645 billion yen at the end of the week. The Tokyo Stock Exchange said
      Reuter  -  62 words
    • 210 11 Reuter THE Tokyo Stock Exchange will allow Japanese branches of the nine foreign securities houses, none of whom are members, trading access on the exchange's computer network, according to an exchange spokesman. Instant access to the 83 Japanese member securities houses
      Reuter  -  210 words
    • Corporate round-up
      • 79 11 CLUB Mediterranee has agreed with Japan's Seibu Group to set up a joint venture company with the aim of building at least four holiday villages in Japan by 1989 Following feasibility and marketing studies, the two would then set up another company to
        79 words
      • 80 11 Reuter MITSUI and Co (USA) has invested US$l million in Tariff Resources Inc. In addition, both companies said they signed joint venture agreements that enhance the ability of Tariff Resources to market its services in the Far East and North America. Tariff Resources delivers
        Reuter  -  80 words
    • 224 11 AP KOMATSU, the world's secondlargest construction-equipment maker, plans a US factory to compete against world leader Caterpillar Tractor Co. An executive of Komatsu's American subsidiary, who did not want to be named, termed "sketchy" the Japanese company's plans for what would be
      AP  -  224 words
    • 127 11 Reuter JAPANESE corporate bankruptcies rose to 1,682 in August from 1,663 in July and 1,607 a year earlier, the Tokyo Commerce and Industry Research Company said. Total debts fell to 264.72 billion yen from 460.97 billion yen in July, the second highest on record, but
      Reuter  -  127 words
  • Page 11 Advertisements
    • 446 11 to win f<. d|ag ana egtiertaia f r 0 From soothing sounds to pleasing 'pops', lON BAR brings you <*. Lib Light up your evenings with SATW^« four dynamic entertainers, who II delight you with their versatility and talent. See them in action, Mondays to Saturdays from 6 pm to
      446 words
    • 111 11 we serve yoa roand tbe clock u r, «s n Our newly extended Coffee Garden is now better than ever. Whether you have an appetite for local or continental food, youll find our staff friendly and efficient, our food appealing and delicious. Try our famous claypot specialities, Hainanese chicken rice
      111 words

  • RAW MATERIALS
    • 646 12  -  By MICHAEL NEILL WITH BRAZIL, Colombia and Mexico, three of the world's largest coffee exporters, having agreed that the current distribution of the global coffee quota between ICO producers will remain unchanged for the next three years, Indonesia's quota seems secure, but more
      646 words
    • 300 12 Reuter VIETNAM HAS sharply increased its rice imports, despite a record harvest, because of domestic crop damage and a need to build stockpiles, traders and western diplomats said. They said Vietnam had bought much of the rice from Thailand and purchases already exceeded
      Reuter  -  300 words
    • 108 12 Reuter SOME sectors of the wool trade expect a slightly stronger trend at this week's Australian auctions, the Australian Council of Wool Buyers said in its weekly preview. The council said the more optimistic outlook is based mainly on the offering of more good Merino
      Reuter  -  108 words
    • 294 12 Reuter INDIA COULD have exported 270 million kg of tea in calendar 1984, compared with 200 million kg last year, but for an export ceiling of 215 million kg imposed by the Indian government. A leading Calcutta broker said there had been intense
      Reuter  -  294 words
    • 202 12 SINGAPORE The market closed firmer yesterday with October One RSS buyers quoted at 197.00 cents per kg, up 1.50 cents compared with Tuesday's close. The morning market gained 1.50 cents on some buying and covering interest of October. Prices remained unchanged from lunch lime levels in quiet afternoon trading.
      202 words
    • 334 12 RAS prices (in S cents/kilo, FOB m boles) NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS prompt 194 50 195 50 194 25 195 25N Int 1 RSS Oct 197 25 197 75 197 00 197 50 Int 1 RSS Nov 198 25 198 75 197
      334 words
    • 111 12 (tn cents/1 ton pallets) 1 October November (current mth) (forword mth) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 194 50 196 50N 196 50 198 50N SSR 50 192 50 194 50N 194 50 196 SON MRELB Buyers Sellers Buyers Sellers SMR CV 226 50
      111 words
    • 64 12 CHICAGO wheat futures closed 1 3 cents a bushel lower to unchanged in light trade on Tuesday. December ended near the middle of a 3' s cent range. Late buying by L D Commodities and Heinold boosted prices off the lows. Spot September corn futures contract closed 2 3
      64 words
    • 96 12 THE Straits tin price in Penang yesterday was unchanged at the ITA floor level of M 529.15 per kg amid continued shortage of demand. The buffer stock manager again absorbed most of the disposals, local interests providing Uttle support. Dealers said sterling's rise against the Malaysian dollar helped
      96 words
    • 165 12 Yarn (In HK$ per bote of 400 lb) China corded yarn, cones Blue Phoenix 16's 3,300 Blue Phoenix 20's 3,500 Blue Phoenix 32's 3,850 Blue Phoenix 40's 4,250 Carded yorn, hank Blue Phoenix 2l's 3,550 Combed yarn, cones Blue Phoenix 32's 5,000 Blue Phoenix 40's 5,300 Open-end yarn -•Blue
      165 words
    • 106 12 CHICAGO soybean futures closed unchanged on Tuesday to five cents a bushel lower in light trade. The market has fully absorbed an anticipated drop in the Usda's soybean crop estimate since Aug 1 conditions, and now may be consolidating some of those gains. Soyproduct futures ended a quiet session
      106 words
    • 892 12 COFFEE Robusta futures yesterday ended a quiet, featureless morning unchanged to £15 below the previous close apart from November which was up £3 at £2,432. The market opened easier, influenced by the weaker New York close. November reached a low of £2,417 on light commission house selling and
      892 words
    • 153 12 Chinese Produce Robusto 20/25% 502 50 Exchange FOB NSW (Sellers' noon closing prices on Sep 12 S$/100 kg) Nutmeg no FOB NSW B W FOB NSW 363 00 256 00 Coconut oil Bulk FOB 195 00 Gombier 305 00 Ok) drum FOB 208 00 FOB NSW New drum
      153 words
    • 151 12 MALAYSIAN crude palm oil prices eased further on liquidation and reserve of buyers in quiet trading. Most operators were sidelined ahead of the US Agriculture Department soybean production estimate yesterday. September deliveries in the south and central regions fell Ms2o and $17.50 respectively to $1,010 per tonne. October
      151 words
    • 289 12 Singapore C-l special unq (S$/kilo, ei-godown) C-l Ordinary Loonzoin 100% unq Thai white first grade unq 100% 1st doss 100% second grade 260 (kangaroo) 1 05 077 100% third grade unq new crop 100% 2nd class Parboiled 100% 3rd doss 075 5% 265 25% new crop No stock 10%
      289 words
  • Page 12 Advertisements
    • 133 12 aBUKS TKwmvt BLI j a iiimy/iTiTIT ill H" .V J J "-'i-'l "U-l iii^ —4=4ii6i?ati .Sn-fu £S i* Us*111 l» j "•iS ir Ellii ■i -1 »i ni mm (Mill i i as aaasa 443 writings by 74 authors...s4 volumes ...no digests, excerpts or condensations In the Great Books, you
      133 words

  • SHARE INFORMATION
    • 4173 13 IN SPITE OF an encouraging start, share prices lost some ground in the afternoon, sending the Singapore stock market to close mixed to easier yesterday. At the end of the day, the BT Composite lost 3.02 points to 806.99 and the Straits Times Industrial
      4,173 words
    • 276 13 SINGAPORE Rises two bCX 314 SMI 380 FACIMt 240 G 1 HMg» 50< 283 P Potongi 50« 175 Sal Propartm 316 Paboco HUa 137 K—iotob 50< 112 Dlf 790 Dwtd. toby 705 from* 228 Falls A Eatarpreat 430 M MUM 870 Ka«t»eky Spora 448 C A C
      276 words
    • 449 13 THE Kuala Lumpur stock market closed on a steadier note yesterday for the second consecutive day, on continued covering support and bargain hunting. Trading was fairly active although interest was again confined to several situational issues on the industrial and finance boards. Turnover improved tp
      449 words
    • 3734 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contract» are quoted after the word "SETT".
      3,734 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 1030 14 nana MALAYAN Breweries Ltd has received a bullish rating from local broking house, A 1 fa-Pacif-ic Securities. In its August write-up, AlfaPac projected MBL's group pretax profits at $60 million ($48.3 million) on estimated turnover of $510 million ($460 million) for the year
      1,030 words
    • 537 14 Bernama INDUSTRIAL Boilers Allied Equipment Sdn Bhd (IBAE). Malaysia's longest established boiler manufacturer, has been granted the American Society of Mechanical Engineers (ASME) certificate in recognition of its high quality products. IBAE, a subsidiary of Innovest Bhd, is the first Malaysianowned and managed engineering
      Bernama  -  537 words
    • 2673 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajinomoto (3 90S) (2) 3 90 Alcorn (1926 I
      2,673 words
    • 101 14 BKRJAYA Kawat Berhad: 15th AGM on Sep 17 at 10am at Jalan Utas, Shah A lam Industrial Estate, Shah Alam, Selangor. PERl'SAHAAN Peiangi Berhad: 11th AGM on Sep 17 at noon in Bilik Sri Ledang, Mazzanine Floor, Holiday Inn, Jalan Dato' Sulaiman, Johore Baharu. SIM Lim Investments limited:
      101 words
    • 98 14 DUNLOP Holdings PLC is holding balance sheet restructuring talks with about 46 banks, but the company's finances are not under the effective control of the Bank of England, a Dunlop spokesman said. He was commenting on a press report that the central bank had
      98 words
    • 117 14 HONGKONG Austrolion Industrials Hong Seng Index Wednesday 1025 0 Tuesday 1022 5 Week ago 1024 5 Wednesday 932 40 Monday 946 06 Week ogo 946 87 NEW YORK Dow Jones TOKYO Tuesday 1197 99 Monday 1202 52 Tokyo Dow Jones Week ago 1212.35 Wednesday ***** 54 Tuesday *****
      117 words
    • 125 14 Second B'putro S 10 5 15 Third B'putro 4 24 4 29 Fourth B'putro 4 75 480 Fifth B'putro 3 19 3 24 Sixth B'putro 308 3 13 Seventh B'putro (A) 2 17 2 22 Seventh B'putro (B) 3 95 400 Eighth B'putro (B) 390 3 95 Ninth
      125 words
    • 1143 14 TAKEOVERS and mergers are more than the result of capital budgetting and strategic decisions aimed at maximising shareholder values. In fact, there are six other objectives which take precedence in such exercises. According to Mr Oommen Thomas, corporate planning manager of Malaysia Mining
      1,143 words
    • 535 15  -  By CHAN OI CHEE BARELY THREE months after its announced venture into welding-related activities, Dah Yung Investment Ltd is on the acquisition trail again this time buying two companies in the pharmaceutical and printing businesses. The company has agreed to buy up the
      535 words
    • 426 15 THE NEW entity arising fromthe proposed merger between United Malayan Insurance Bhd (UMI) and East West Insurance Bhd (EWI) is expected to become a major profit centre for the Sime Darby group. Outlining the rationale and benefits of the merger, Sime group chief executive
      426 words
    • 874 15 Current Ei Books Dote Totol for Totol for payment date close payable the year previous Alex Hldgs 6%(b) Sep 7 Sep 14 Sep 25 6% 6% ApoHo 2* Sep 24 Oct 1 Oct 15 2*% 7*% Asiatic D«v 2%l Aug 20 Aug 30 Nov 20 2% 3*% B
      874 words
    • Latest
    • 223 15 LIM Kok Gin k Nephews Pte Ltd has increased itsshareholding in Sea View Hatei Ltd to 5.39 million $1 shares from 3.91 million by converting $1.85 million 10 per cent convertible unsecured loan stock on Sep 5. Kong Hoa Pte Ltd has also raised its shareholding in Sea
      223 words
    • 403 15 INDIA-MALAYSIA Textiles Bhd's restructuring scheme is expected to bring a number of benefits to long-suffering shareholders and employees provided it is approved by the authorities. The scheme, among others, involves a conversion of various claims and loans into ordinary shares and loan stocks,
      403 words
    • 953 15 THE market closed mixed yesterday after a quiet session with operators awaiting the outcome of coal industry talks, dealers said. At 3pm, the FT 30 Share Index was up 0.6 point at 858.6 while the FT-SE 100 Share Index eased 1.4 to 1101.7. Government bonds reacted to Tuesday's
      953 words
    • TAKING STOCK...
      • 527 15 By HOCK LOCK SIEW PROMET BHD's managing director Datuk Brian Chang is spending a lot of time these days rubbing shoulders with the rich and powerful. And it is paying off handsome dividends for the company he heads. Last year, for example, through his close
        By HOCK LOCK SIEW  -  527 words
      • 350 15 SINGAPORE'S venerable Rock, Oversea-Chlaese Bank* lag Corporation (OCBC) has edged out Hongkong Shanghai Banking Corporation as the front runner among Asian banks for a banking licence in Australia. The Australian government under Prime Minister Bob Hawke is inviting foreign financial institutions to set up full banking
        350 words
    • 275 15 Reuter THE TWELVE securities houses listed on the Tokyo Stock Exchange expect they will report record parent company profits and sales in the year ending Sep 30. Daiwa Securities Co Ltd expects current profit to be a record 75 to 76 billion yen, compared with the
      Reuter  -  275 words

  • Page 15 Advertisements
    • 16 15 TIMES business 1 )irc< (ory ol Singapore (BUKU MERAH) A VALUABLE ASSET, IN ANY OFFICE, ANYWHERE
      16 words
    • 184 15 TIMES PUBLISHING BERHAD A ntiibtr if IN Tlms Organisation SALES EXECUTIVES You have 3-5 years experience and a proven track record in sales. You possess a university degree or at least a GCE A-level certificate. You are committed to a career in sales and wish to develop further the professionalism
      184 words

  • 430 16  -  By FOO CHOY PENG THE HIGH labour turnover in the electronics industry is showing signs of slowing down in spite of the current labour shortage. Personnel managers contacted by BT said labour turnover in the industry hovered between 3 and 6 per cent compared
    430 words
  • 354 16 SINGAPORE traders seeking business in Brunei often overestimate the size of its market. Brunei is Asia's richest country but it is also one of the region's smallest markets, Mr Timothy Ong, the executive director of the Teck Chuan Group, told about 150 participants at
    354 words
  • 290 16 Reuter FORMER Thai Prime Minister Kriangsak Chomanan said yesterday that Asean has dropped its demand for an unconditional Vietnamese troop withdrawal from Cambodia before peace talks can be held. He said at the end of a fiveday visit to Singapore
    Reuter  -  290 words
  • 176 16 FOREIGN contractors will have a better chance of doing well in Brunei's oil industry if they enter into joint ventures with bumiputra contractors there. The engineering manager of Brunei Shell Petroleum (BSP) said yesterday that although foreign contractors could still
    176 words
  • 356 16 THE SINGAPORE Tourist Promotion Board (STPB) is taking steps to upgrade the professionalism of tourist guides. Apart from conducting courses for the guides, the STPB is working closely with the Asean Promotion Centre in Japan to conduct special courses for Japanese-speaking guides.
    356 words
  • 114 16 AFP AMERICAN economist Henry Kaufman has forecast higher US interest rates after the November presidential election. The prime rate could rise to 13.5 per cent in December from the present 13 per cent, he said. The Fed is currently taking an easier line due to the
    AFP  -  114 words
  • 70 16 STOCK prices on Wall Street were lower in early trading yesterday in a correction that began in blue chip stocks on Tuesday. The Dow Jones Industrial Average, which fell 4 1 2 points on Tuesday, was down another 1 '/4 points to under 1197. Overall, losers held
    70 words
  • LATE FILE
    • 60 16 Reuter NEW ZEALAND Prime Minister David Lange will meet Prime Minister Lee Kuan Yew for an informal exchange of views during a brief stopover in Singapore on Oct 5, a New Zealand High Commission spokesman said yesterday. Mr Lange will make the stopover on his way
      Reuter  -  60 words
    • 65 16 AFP JAPANESE corporate earnings this fiscal year will increase more than has been projected because the yen's depreciation is helping boost the value of exports, a Tokyo research firm said yesterday. A division of the Nikko securities house forecast that gross profits of companies closing their annual
      AFP  -  65 words
    • 40 16 AFP CHINA and India will hold a fifth round of border talks in Beijing next week, a Chinese Foreign Ministry spokesman announced yesterday. He said the two sides would continue their three-year-old talks on defining their joint border.
      AFP  -  40 words
    • 37 16 UPI PHILIPPINE First Lady Imelda Marcos flew to London yesterday on a trip to negotiate fresh loans from European and Middle East sources for the debt-ridden country, the state-run news agency said. UPI
      UPI  -  37 words
    • 40 16 Reuter MORE than 16,000 people have fled from an erupting volcano on the Indonesian island of Siau, an official spokesman said yesterday. Karangetan volcano became active on Aug 26, with its main eruption on Sep 5.
      Reuter  -  40 words
  • Page 16 Advertisements
    • 311 16 Call Britannia tor free invitation to investment seminar The Chartered Bank Building, 6 Battery Road, #14-08, Singapore 0104. Telephone: *****86. CITROEN A CX PRESTIGE The first class cabin that ISN'T AFFECTED BY TURBULENCE Airlines make a big virtue of how comfortable their first class cabins are. With extra legroom and
      311 words
  • Page 16 Miscellaneous
    • 47 16 Outlook for today: Fair. Report tor 24 hours prior to 7 30pm on Sep 11 at the airport Maximum temperature 30.0 Associated humidity 61 Minimum temperature 23.6 Associated humidity 91 Hours of sunshine 2.95 Rainfall in millimetres Trace Rainfall this month 73.6 Rainy days this month 6
      47 words

  • SHIPPING TIMES
    • PORTSIDES
      • 122 17 AP FOREIGN SHIP orders received by South Korean shipbuilders in August amounted to 505,000 gross tons, the highest monthly total since the start of this year and also eight times that of a year ago. The Korea Shipbuilders Association reported yesterday that the August tally was for
        AP  -  122 words
      • 54 17 Reuter THE STRAITS/Bombay/Karachi Gulf Conference will reduce congestion surcharge for Bombay from 15 per cent to 10 per cent with effect from tomorrow. Member lines of the Japan/India-Pakistan-Gulf/Japan freight conference will cut the congestion surcharge on shipments into Bombay to 10 per cent from 15 per cent from
        Reuter  -  54 words
    • 430 17 UNITED STATES Lines is paving the way for its global service. The American carrier has applied to join conferences governing the US/ Straits in-bound trade, the Atlantic Gulf Singapore. Malaya and Thailand Conference, and the outbound trades the Straits New York Conference and Malaysia
      430 words
    • 220 17 DOCKWORKERS in New York are continuing their fight with management over a controversial manning policy, and the US gang situation is growing worse in other areas. In Houston last week, a federal judge restored an injunction at West Gulf ports against the manning policy, which employers
      220 words
    • 669 17 Shipping Una P*9« C«l Afea VI 3 Ahrenkiel Liner VI 5 Alpha trans VI 4 Alpoc V) 5 Antaro Shpg IV 1 APC Line V 4 APL ID 4/5 ASCL 1 Asiobroker V 5 Austasia Line V 1 Balt-Onent VI 4/5 Bangkok Cont VI 2 Bonk Line
      669 words
    • 320 17 Kingsley Wood in Sydney SOUTH Australian shippers have reacted angrily to a decision by the conferences in the Far East Australia trade not to service Port Adelaide directly. For seven years, government and port interests have called for direct liner services to Japan Korea, and
      Kingsley Wood in Sydney  -  320 words
    • 936 18  -  By HANS E EDWARDSSON THE AUSTRALIAN Shippers Council has submitted to the government farreaching proposals for changes in Australian laws governing outbound liner shipping. In the council's view, Australia urgently needs legislation to demonstrate its concern as a predominantly shipper nation.
      936 words
    • 192 18 THE MAJOR shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia Straits
      192 words
    • 1780 18 CHARTERING was much quieter on the freight market on Tuesday with business mainly confined to the grain and time-charter sectors at fairly steady rates, shipbrokers said. The unchanged level of US$19 was paid for grain from the US Northern Range to Egypt and $7 from the same area
      1,780 words
    • 474 18 UPI ATTORNEYS haved failed to reach a decision on who is responsible for a Taiwanese freighter seized by US marshalls off San Francisco for unpaid fuel bills. US Justice Department Admiralty Attorney, Phillip Bern, said on Monday the crew was being fed
      UPI; AP picture  -  474 words
    • 787 19 ARGENTINA (Aug 2121) Buenos Aires J 6 days. 36 vessels berthed. Necochea 4-5 da., •>. 1 vessel berthed. Bahia Blanca 6-7 days. 1 vessel berthed. Rosario 2-3 days. 8 vessels berthed. San Lorenzo 4-5 days. 1 vessel berthed. San Nicolas 6-7 days. 2 vessels berthed. AUSTRALIA (Aug 29)
      787 words
    • 273 19 TANZANIA is considering building an inland container depot at Übongo, 20 km from Dar Es Salaam, the country's major port. More optimistic forecasts have put the possible starting date for the project as towards the end of this year, but most neutral observers believe
      273 words
    • 445 19 Lloyd's List UP TO SIX very large crude carriers (VLCCs) owned by BP Shipping have been chartered to Norbec the Saudi Arabian marketing organisation in charge of the highly secretive floating oil storage scheme. It is the first time that an oil
      Lloyd's List  -  445 words
    • 414 19 SHIPPING AGENTS in the Philippines representing overseas principals are facing excess liquidity problems with millions of pesos from freight collections to be remitted to their principals abroad. The agents are not able to get dollars from the Central Bank, and as a result, some
      414 words
    • 166 19 Reuter THREE SHIPS have been unable to proceed through the Panama Canal because of a two-day-old strike by bunkering workers, a Panama Labour Ministry spokesman said. He said workers at the port of Cristobal at the Atlantic entry point of the Canal refused to
      Reuter  -  166 words
    • 4213 24 aeiaßDoiiß 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
      4,213 words
    • 717 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location E Handsome 033E 14 9 84 0700 G Asia FSB 0800-1000/1800-1900 L2 B Dahlia 212/84 14 9 84 0700 Leo Shpg FSB 0700-0800/ 1800-1900 SI
      717 words
    • 1816 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agt*n< i«-s (SI Afro-Eurasia I Jar Transgroup (S) Ahreakiel IJnrr Service Kim Shpg (Si \Urr4 C Toepfer Oceanus Shipping Agencies (S( Manmex Enterprise (PK Alpac lntrasea (S) Bintang Shpg (KL) Island
      1,816 words
    • 365 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Als Confidence Cottbus Ned Madras Paradise Moon Straits Pride TheaS Pestovo Auby Boizenburg Hoa Phuongdo Jenson IV Koheng Ocean Rainbow Pearl Pres Jackson 33/4 18 44 25/6 21 27/8 6/7 21E 44 38/9 22 23/4 18 33/4
      365 words
  • Page 17 Advertisements
    • 360 17 r HEUN6-A SHIPPING Korea Flag Vsis Regular Liner Semi-Container Service To: P. Ketang/Penang/Banfkok/Keelung/ Busan/Inchon Fm: Busan/Moji/H. Konj S pore Ajent: Neptune Agencies Pte Ltd Tel: *****77 P.K. *****4, PM *****5 K.L. *****0 I! aaaama LONDON Freights 11/111 CONSORTIA II PORT Conditions 111/ X SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO
      360 words
    • 427 17 u UASC UNITED ARAB SHIPPING CO (SAG) SEAIORD SHIPPING AGENCIES 70 Shenton Way 04-02 C Marina Houae Singapore 0207 Tel *****94 Tele> No RS ***** CFS office TPC 03 30 Tel *****31 and *****32 Terminal office TPC 03-29 Tel No *****90/*****93 FROM JAPAN T\l\\\\ IIOV; kOMi TO \KAHI (.1 \A
      427 words
    • 948 17 JK.S. LINE '■<*£< 19*1* imi+pimt c=» IFULLY CONTAINERISED SERVICE! FAR EAST/EUROPE im v n to cwvun ms mm it/> w/» wm/nmm/n n v f«* KOftfAN lACCMI 7SI 21/» IH »T *|«rts CROWN MAMC CO (PTE) LTD Ttt Z22TM Kl (PCX) I* 7?30M Forwoff details r«f»r p*g« IV K I'S I'.U'IHC
      948 words

  • Page 18 Advertisements
    • 323 18 FAR EAST/EUROPE CONTAINER SERVICE From Europe Aho Acceptang Far: 1) Barcelona Genoa. 2) Amsterdam, Antwerp. L Havre Basle UK. 3) Bremen. Bremerhaven Aarhus. Copenhagen. Helsinki 4) Malmo Stockholm. Oslo 'Accepting Europe cargo for feeder via S pore 'Also direct cargo for Spore I Bangkok Ph contact PERMISC P Kelang tor
      323 words
    • 439 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES I USA/CANADA Pacific South West Feeder at Tokyo Pacific North Waat Feeder at Kobe Atlantic/Canada Feeder at Kobe Mafte VS. N BOTH VEMAZANO 8 KUROBE M A KSSEL N TOM SA» SOW 27/10 4/11 1/11 t/U 6/11 20/11 11/11 22/11 27/11 25/11 20/11 TOHGOMMU
      439 words
    • 58 18 TOKO LINE MV "HIAU" VOY-1 Arvd- 4th September, 1984. Consignees of all damaged cargoes ex the captioned vessel are hereby notified that the General Survey will be held on 14th Sep tember, 1984 (Friday) at Jurong Port TS-2 from 10:00 am to 3:00 pm. No further survey will be held.
      58 words

  • Page 19 Advertisements
    • 1014 19 The Straits Steamship Group QCL Overseas Containers Limited CONTAINERSHfP SERVICE TO UK/CONTINENT STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok 3SGST HONGKOK EIPRfSS CARHGAN MT nun Linvoa RAY KONLOON MT m—twins HONGKONG EWSS fMlfftStfl MT ALSO ACCEPTING CARGO FOR: Huaburi to CapOTtufm. Aartws Gottier Rotterdam :to Ant*<rp Amsterdam,
      1,014 words
    • 656 19 If you are having storage problem, then you can store your goods in our warehouse. We charge per piece/unit basis and our warehouse is around 15,000 sq ft ground floor, well covered with forklift easy loading unloading truck/containers etc. Please contact Mr. Lim or Mr. Oh Tel No: *****29 *****56.
      656 words

  • Page 20 Advertisements
    • 418 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scandnavia, Med. Carribean S. America Hand haulauge to inland destinations in Europe TO EUROPE/MED S pore t Ktianf Penf team »ao Gicnoa H'burt Rdam B"haven Antwerp Connecting m Kobe "AKo occeptmg cargo tor ATLANTIC GULF PORTS via mm»londbf.dge, and US MID-WEST by microbndge"
      418 words
    • 474 20 ItG.&LINE F KOMtM FULLY CONTAINERISED SERVICE TO EUR Oft VIA SUEZ of tt* Ace Conwhum f KcUnf I (Mint d»n Filrw HT**J Mwttv QUALE! *03 40* WfTUW CUTSTW. 2CN IMETERIMCK 3W KOKMI CHMKt 19* SEVkN S£AS M« 47W K OKI AN MCtJM 2CN ALSO LOADING FOR BCf Mf RHAVFN 22/10
      474 words
    • 394 20 EVERGREEN LINE FAR EAST/EUROPt CONTAINER SERVICE ACCFPTMG FCI I LCI CARGO sc HI wc «c fu mm Km im EmGcnfry 15/01 OS/10 11/10 12/10 14/10 15/10 17/10 l.«Glor» nO5 IVIO 21/10 22/10 24/10 25/10 27/10 E»« Gwrtt* 01/10 25/10 01/11 02/11 04/11 15/11 07/11 At so acclphng icl/fci t fa/Fa
      394 words
    • 1030 20 M KIE GWAN SHIPPING (M) SDN. BHD. mKCIV No 25 A MIAN Bf RANG AN PORT KfLANG SELANGOR MALAYSIA TEL Not *****2, *****5 3*9162 3107(4.*****2.*****7 W. MALAYSIA/S PORE TO E. MALAYSIA SERVICES: P WANG SPORE t* lOMOH SATU KkMu. S'kan Tawau L Datu 14/20 Sept 21/23 Sept t KITA KkMu.
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    • 166 20 HXSINOSE u MARITIME PTE LTD flnffJl ISLAMIC REPUBLIC OF jf'JA IRAN SHIPPING LINES IRANIAN SERVICES Sai(apart iMdnf tar 30/9 B Abfcav B Khomcn POST Kl LANG PENANG SHOSf MARITMH PTE LTD UL *****44 1 I *****70 MAIOSE MARITME SON BHD Tei *****2/3 MALAYSIA TRAOE TRANSPORT LTD TH ***** t 63
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  • Page 21 Advertisements
    • 823 21 PIL GROUP VESSEL KOTA MURNI KOTA WIRAWAN KOTA RAKYAT KOTA WUAYA KOTA TIMUR KOTA PETANI KOTA CAMAYA KOTA PUSAKA VOYAGE W-423 E-519 E-523 E-52S E-527 E-529 SINGAPORE 18-23/9 20-34/9 19-22/9 12-16/10 6-11/10 12-15/10 LOADING FOR: HOOEIOAH, JEDOAH. ADEN. MOMBASA, O SALAAM DJIBOUTI. HODEIOAH, ADEN, JEDOAH. AOABA, MUKALLA TAMATAVE. MOMBASA HODEIOAH.
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    • 878 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE 10 MOW If*" Cjrifir Bji STRAITS STORE PKCIANG S<M 14/* 29/9 22/9 27/9 n/i 4/10 o/io 12/10 13/10 HaMMf Eipreu 21/10 22/10 Mm Mm 20/10 30/10 Bauwn 4/11 (/II Hwfkwt (ipress 12/11 11/11 Cjrtffja Raj 10/11 21/11 111 HAM 2/10 4/10 0/10 11/10
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    • 597 21 UU «l*H DJAKARTA LLOYD INDONESIAN NATIONAL LINF •CONTAINER SERVICE TO/FROM EUROPE STOK MIIUC IDMI fUUBT/ H«K WtTNFRP TOW IQNWN EMI MEN 24,0 14/10 K/ll 11/lt 70/10 Spot P* (dam Ldn T'bwfHbwi 8 men «oop SOWAI mB 510 10 11/18 21/10 30/10 1/11 3/11 5/11 HI MS ftCCtFTM BOTH CONTWKKS COMCNTIONN.
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    • 492 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadinf for Rangoon S'pore P.Kelang Penong Htoneywo V 195 17/19 Sept Phoshwegyawywa V 245 19/21 Sept Pa-an »V 75 19/21 Sept 17/18 Sept Pogon V 77 20/23 Sept Discharging only BANK LINE EXPRESS DEPENDENT SERVICE TO UK/CONT SPORE R'DAM
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  • Page 22 Advertisements
    • 792 22 \*:"K"line KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE FEEDER MOFKR VSI PKLG PNG SPORE KOK GUAYAQUR CALLAO MIC* IQUQUE A FAGASTA S. MTONO VALPMAtSO ASIA SIM V2l A VSI 29 Sept 1 Oct 3 Oct 2% Oct 24 No. lOk SOk 7Dk 9Dec 10 Ok 12 Dk CENTRAL AMERICA /CARIBBEAN SEA FEEDER
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    • 322 22 Accepting Break bulk and contalnarioad cargcaa Direct to South Africa Accepting Container i Brntbult SA VEKGCLEGCN V 073 Accepting Containers Only HAYAKAWA MAftU V Ml(f U WAAL V 871Sf S'p«rt Outan B*t 13/10 27/11 7/11 26/9 8/18 10 10 23/14 CTmm £1* Maputo Pita 18/11 11/11 12/11 11/11 21/1# 26/18
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    • 588 22 'M CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lee** tor lOS ANGELES SAN FRANCISCO SEATTLE lACOMA VANCOUKR «C »<c«ptw* fa/fa CalMn P limn SmtKXXt it w< i»/7«w< AUSTRALIA EXPRESS CONTAINER SERVICE Ate* fa/ra "tAMDAV Spmt In is/it sept 17 us*. nsw 24/25 Sept 26/27 Sept 4 Oct 71/72 Oct 29
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    • 555 22 SANKD ASIA FROM JAPANCSE POUTS AND HONOKOMG 1 MM TWOS 2 ELM 3 WW LEADMG 4. GREAT MOUNT 5 EDO MARU 4 REGENT RADIANCE 7 TEH AO GON 19/14 Sept 14/14 Sept 16/14 Sept 14/14 Sept 21/23 Sept 21/23 S«pt P KcUn| Penanf ta Port/14 Sept 15/16 Sept 17/14 Sept
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    • 512 22 (NTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa' Singapore 0207 Tel *****11 |10 Lmesl sa SEAWOOD SHIPPING CORPORATION S pore P Kelang Loadjnc Nr FORT YALE Sited HodetdaTi leddab Ajenti S«ifiporf MTAASEA (PTE) LID BOOKMG *****11 iww BMTANG SHTfMC CO SON BK> 4332W Pen** Mer Ovenen kbntm Sdn BM
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  • Page 23 Advertisements
    • 452 23 NOL NEPTUNE ORIENT LINES LTD Also accepting cargo to/from Scandinavia C ROZE S'pore Closing Times: FCL Cargo 0600 16/9 LCL Cargo 1800 15/9 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Jayakarta Anro Temasek Jayakarta SURABAYA... JAKARTA SINGAPORE.. PENANG P. KELANG... BRISBANE.... SYDNEY BURNE MELBOURNE. AOELADE FREMANTLE. 10/10 8/10 18/10
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    • 504 23 HEUNG-A SHIPPING Korean Flag Vessels I SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK, KEELUNG. BUSAN, INCHON VtlMl No 1 Dm* /«d7N I 2S/» SP<*t IGIRIS NtPTIINf *«NC#S Pll I ID let mvm ?/«saw (Rooiungii ???>•) 10 221?02? iOpe.jt.om) ??0S?84 (Urmmjli *****50 *****04 (CfS) Mi tCINIS nih*s sum sdn bho Kl let *****0
      504 words
    • 689 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sintapore 0104 Telephone Numbers *****3 (15 Lwes) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG rtNANG M/S SHARKAT NAM SOON SON. BH> IST ANO 2NO FLOOR. MESSRS HA 1 THONG SHTPMG 23
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    • 104 23 1 ahrenkiel liner service gmbh DURBAN JOHANNESBURG. MAPUTO. MAURITIUS A RFUNION WESTBOUND HAISBON VOYI7W ETA PT SIN LOUIS 1/10/64 EASTERN HARMONY 9E/84 ETD ETA DURBAN SIN 21 9 84 8 10 84 Agents: Kim Shipping Trading Pte Ltd 63 Market Street =08-06 Tat Lee BkJg S pore 0104 Tete* RS
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  • Page 24 Advertisements
    • 720 24 ltej|i(Nial Container Lines 3 Sailings Weekly y Reliable Regular Punctual Berthing P.S.A. 1500 Hrs. Tues, Thurs Sat REGULAR FEEDER SERVICE TO PHUKET/SONGXLA RATANABHJM 191/04 Safcd 14 UTMMBHUM 112/1)3 26/27 Scp( RAT ANA BHUM 194/255 3/4 Oct 14 /16 Sopt 11/19 Sop 22/23 Sept 29/30 Sept HINODE KISEN CO. LTD MIDDLE
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  • Page 24 Miscellaneous
    • 184 24 Regional Weather m s i i rj Va ■t <3 ov fr ft U A sa sX 1 1 23 5 3* o LLIK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. B c >A cT w Wind direction with speed m knots Wove height LEGEND R Thunderstorm
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  • Page 25 Advertisements
    • 158 25 WORLD pg" LINE EXPRESS REGULAR SERVICE mPAN/HONGKONG/STRAITS MSO ACCfFTHG CttGO TO f«T KELMG STOW P HUANG MUM**!** TIG* *.31 h Pirl Sept 14/15 St?,™. lw Sept 17/11 CATTIfM Nl M S«p( 2223 Sept 24/tt WSC »nuh berth Sff(jp«rt it PfW Mi 303 CB7 S«up»« On Agent NTfON (S) PTE ITO
      158 words
    • 187 25 Scan Dutch 9 To Europe (Med/UK/NC/Scan) Anson In Porl Anson 20'9 Anson 27/9 Anson 3/10 Anson 10/10 Anson 17/10 P. KELAMG B Kemumng 14/9 B Butang 21/9 B Kemumng 28/9 B Butang 5/10 6 Kemumng 12/10 B Butang 19/10 To Red Sea/Mediterranean From Europe Also Accepting To: From: (1) Barcelona,
      187 words

  • Page 26 Advertisements
    • 340 26 Pasir Panjang Complex ill ii MUm, »My ,:t -srs'AM ipm- Location These eight single-storey godowns are right behind the transit sheds on Pasir Panjang Wharves, which makes them ideally situated between the Central Business District and Jurong Industrial Estate. Features There are 95,000 sq metres of covered space 9 metres
      340 words