The Business Times, 25 September 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, SEPTEMBER 25,1*84 60 CENTS
    11 words
  • 687 1  -  Quarter-point fall puts other finance houses in a quandary By ALVIN TAY SINGAPORE'S biggest finance company, Hong Leong Finance (HLF), has bucked the trend by reducing its housing loan rates by one-quarter of one per cent, putting the other finance houses in a dilemma.
    687 words
  • 521 1  -  By LEE HAN SHIH MANY PRIVATE developers will suffer from the Housing and Development Board's new rules which give HDB shopkeepers an almost free hand to change trades and to expand their capital base. The new rulings are likely to
    521 words
  • 267 1 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has called on Italy to regard Malaysia as a base for its offshore operations to manufacture and to serve the Asean market as well as the world market. Dr Mahathir, speaking to about 70 leading Italian industrialists
    Bernama  -  267 words
  • 212 1 SINGAPORE'S trade deficit in the first eight months of the year was at its narrowest since 1960. This followed a strong increase in export and slower import growth. Exports rose 14 per cent to $34.4 billion from last year while imports increased
    212 words
  • Article, Illustration
    66 1 THE Singapore stock market refused to snap out of its downward drifting pattern yesterday, causing prices to finish lower on markedly reduced volume. The broader market was quiet. Short-covering and bargain hunting activities were carried out to a certain extent. At the close, the BT Composite Index had
    66 words
  • 485 1  -  By JOHN LIM Industrial Correspondent MORE THAN half a million people in Singapore are drinking water which has been purified by a 19,000-volt electricity charge. Soon, several hundred thousand more people will have similarly treated water when a second ozonation plant,
    485 words
  • 504 1  -  By PENG AILIAN, RAY HEATH THE US DOLLAR'S big dive continued yesterday, but signs of a two-way pull in Europe left wide open the question of where it was headed in the longer term. In Singapore, the US currency extended Black Friday's
    504 words
  • 113 1 Reuter THE WIFE of Australian Prime Minister Bob Hawke said that her husband burst into tears at a press conference last week because their daughter was a heroin addict. Mr Hawke broke down in front of reporters and television cameras on Thursday when questioned about his
    Reuter  -  113 words
  • Page 1 Advertisements
    • 56 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Nikon (Nikon) F3P V y The world s finest mm m photographic system Nikon F3T Nikon F3HP Nikon Nikon FA Nikon FE2 Nikon FM2 Nikon FC Nikon FG2O Nikon EM Nikon LI3SAF Nikon L3SAF Nikon L3SAD Nikon Nikonos V SHRIRO BH ass Mr' SINGAPOftf)ITD
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    • 265 1 L«ad«r, Pag* 8 mm PORK WILL be sold at cost at Singapore Animal Husbandry Enterprises Ltd's five outlets following onother round of price cuts. The lower prices are due to an oversupply of pigs in the country. Pag* 2 SAFEWAY Fast Food is to put more money into its Hardee's
      265 words
    • 11 1 Full report, Pag* 13 Asian stocks, Paga 11 Feature, Page 9
      11 words
    • 19 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Intervention policy, Pago 5 "What does KLM mean in English? "Reliabilityin any language."
      19 words

  • HOME NEWS
    • 532 2  -  Price to be cut further if oversupply persists By JOANNE YAP PORK WILL be sold at cost at Singapore Animal Husbandry Enterprises Ltd's (Sahe) five outlets following another round of price cuts. The new prices, about 25 per cent lower
      532 words
    • Article, Illustration
      236 2 THE ALUCOBOND PANEL, a German-made composite panel which gives architects the flexibility they need for the design of building exteriors, has been introduced in < Singapore. The panel is a sandwich material made with two alu- 1 minium layers and a polye- thylene core. It comes in 16
      236 words
    • 148 2 SAFETY of tower cranes will be the focus of a twoday seminar to be held at the Equatorial Hotel next month. The seminar, from Oct 30 to 31, is organised by the Singapore Institute of Standards and Industrial Research and the
      148 words
    • 223 2 THIRTY-FIVE companies were involved in an intense competition to win contracts for the construction of two schools in Bukit Batok. Singa Developments, a joint-venture between International Development and Consultancy Corporation (Indeco) and Intraco, won the contract with a tender of $12.5 million,
      223 words
    • 161 2 TRADERS AND freight forwarders can have their permits for chemicals and pharmaceutical goods endorsed and approved at one location from Oct 1. The previous practice was to have the permits endorsed by the Director of Medical Services (DMS) at the Ministry of Health, and approved
      161 words
    • 56 2 HERBERT RICKMAN, special assistant to New York's Mayor, arrived in Singapore yesterday. In his six-day stay, Mr Rickman will meet officials from the Economic Development Board, the Trade Development Board, the Tourist Promotion Board, the Ministry of the Environment and the Parks Recreation Department.
      56 words
    • 365 2  -  By BOEY KIT YIN A SCOTTISH advisory group may be set up in Singapore to reflect the keen interest the Scots have in strengthening their presence in the Republic. Mr Hamish Morrison, chief executive of the Scottish Council for development and
      365 words
    • 55 2 UPDATED copies of the Statutes of Singapore (Issue No 2, 1984), incorporating all changes up to June 30, will be on sale from Oct 3. They can be obtained from the Singapore National Printer's head office in Upper Serangoon Road and its publication sales division at International Plaza.
      55 words
    • 244 2 Seminars and courses DURATION TITLE VENUE ORGANISER Sep 27 Architects And RELC Singapore Contract Management Institute Of Architects Sep 29 Regulation of POD Centre at POD Pte Ltd Employment Act (Cap 127) Waterloo Centre Sep 29 Job Seeking POD Training Secretariats Skills Centre And Meetings Pte Ltd Sep 29-12
      244 words
    • 151 3 THE URBAN Redevelopment Authority (URA) is inviting tenders for the construction of Havelock Plaza opposite the Ministry of Labour building. Piling work is in progress and should be completed next month. The L-shaped commercial complex is expected to be completed by the
      151 words
    • 359 3 THE PRODUCTIVITY movement has spread to the retail sector. With the Singapore Retail Merchant Association, the National Productivity Board started its campaign yesterday to spread the message to retailers. The theme of yesterday's seminar was "Productivity movement and QC circle activities
      359 words
    • 301 3 A NEW grade of motor oil, said to be more superior than the conventional motor oil, is now available to Singapore motorists. Mobil 1 Rally Formula, marketed by oil company Mobil, improves power output in high performance cars and turbo-charged
      301 words
    • 176 3 TWO COMPANIES will share their experience in labour-management programmes at a seminar. Telling YamatakeHoneywell (Japan)'s story will be its president and chief executive officer, Mr Haruo Okinobu. Yamatake-Honeywell, a Japanese joint venture with Honeywell of the US, has more than 3,500 employees
      176 words
    • 134 3 SINGAPOREANS are the fourth biggest consumers of Japanese confectionery in the world, after the US, Taiwan and Hongkong. The president of the All Japan Trade Association of Confectionery Manufacturers, Mr Satoshi Matsuo, said that Singapore imported $14.4 million worth of Japanese confectionery products last year, up
      134 words
    • 397 3  -  Vfardeg* By CHUANG PECK MING SAFEWAY Fast Food is to put more money into its Hardee's chain. The company, 75 per cent owned by Lee Brothers Poultry and 25 per cent by the Metro group, is investing about $3 million to
      397 words
  • Page 2 Advertisements
    • 258 2 Take home a world champion AM QQ* gets you a technical $-1-570 knockout. The Fluke 70 Series. Winners of the digital vs. analog battle. Since their debut, they've become the worldwide champions of the industry. Never before have such tough, American-made meters offered so many professional features at such unbeatable
      258 words
    • 110 2 V f. Memories S IS |mi l hoard meeting must Ik running late I'm glad he asked me to come -bv myself in case lie was delayed The music and atmosphere brings hack memories of tlx rime he proposed, three tars ago today. T in service is still impeccable and
      110 words

  • Page 3 Advertisements
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      334 words

  • OVERSEAS
    • 617 4 Present committee hindered by lack of legal powers Bernama MALAYSIA'S Auditor General, Tan Sri Ahmad Noordin, yesterday called for the setting up of a royal commission of inquiry into the Bumiputra Malaysia Finance (BMF) loans fiasco in Hongkong, admitting that the BMF committee
      Bernama  -  617 words
    • 213 4 Reuter THAILAND and South Korea have agreed to continue barter trade at least until 1987 and to reduce trade deficits faced by Thailand, Commerce Minister Kosol Krairiksh said. The two countries are to extend a current arrangement under which Thailand barters
      Reuter  -  213 words
    • 53 4 AP Photo The Avtek 400, a six- to nine-passenger business plane made of high-strength composites, makes its inaugural flight above the Camarillo airport in California. The plane achieves its space age look from the use of molded composites and a small front wing known as a
      AP Photo  -  53 words
    • 165 4 AFP ABOUT 500 professional gunmen, both working independently or for certain influential people, are now operating out of the Thai capital, the Bangkok Post newspaper reported yesterday. In an interview with an unidentified former gunman who has switched to become a broker to find gunmen
      AFP  -  165 words
    • 182 4 AP PRESIDENT Ferdinand Marcos yesterday suspended a "windfall profits" tax on earnings from exports, effectively modifying a multiple exchange rate system for the Philippine peso. The action allows exporters of Philippine goods to get the full 18 pesos for every US dollar
      AP  -  182 words
    • 576 4 AFP ABOUT 250,000 Hongkong residents could be eligible to move to Britain if they are not satisfied with the Sino-British accord on the territory's return to China in 1997, a Hongkong official said yesterday. "There could conceivably be
      AFP  -  576 words
    • 251 4 AFP AS THE country with the lowest per capita income among members of the Organisation of Petroleum Exporting Countries (Opec), Indonesia has a right to ask for an increase in its oil production quota, Indonesian Mining and Energy Minister Subroto has said. Speaking to
      AFP  -  251 words
    • 132 4 AP CHINA absorbed US$l5.B billion in foreign funds between 1979 and June 1984, the official Xinhua News Agency reported on Sunday. It said US$l2.5 billion were foreign borrowings, while US$3.3 billion were invested directly by overseas companies. In addition, foreign companies signed over 2,900 contracts
      AP  -  132 words
    • 815 4 ARRIVALS Operator Service Local From number time PAA PA5 0020 JFK/SFO/HKG CAL CI0Q9 0040 TPE MAS MH68I 0820 KUL MAS MH60I 0905 KUL MAS MH67I 0935 KUL MAS MH8I1 0940 PEN RBA BI42I 1000 BWN SIA SQI03 1005 KUL CPA CX710 1035 HLP GIA GA960 1100 HLP
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    • 410 5 NYT THE pace of the current economic expansion in the US clearly slowed in the third quarter, but after sifting through the latest data a number of analysts are suggesting that the period of deceleration was short-lived. Rather than continuing to moderate between now
      NYT  -  410 words
    • 161 5 Reuter BRITISH manufacturers expect output to increase over the next four months, despite the effects of the dockers' and miners' strikes, the Conferation of British Industry's September trends enquiry shows. But the CBI said the survey, based on replies from 1,657 companies, also indicates that output may
      Reuter  -  161 words
    • 165 5 AFP SWISS voters in 20 cantons out of 26 on Sunday cast ballots against two motions in a referendum aimed at ending the use of nuclear power in Switzerland. One motion suggested banning the construction of nuclear plants, while the other proposed replacing
      AFP  -  165 words
    • 288 5 AP EX-PRESIDENT Valery Giscard d'Estaing on Sunday evening won re-election to his old parliamentary seat with a strong majority, the first step of a bid to run for the presidency again in 1988. He scored 63.24 per cent of the vote, the highest winning
      AP; UPI Photo  -  288 words
    • 411 5 AP NEARLY 80 per cent of Japanese women surveyed said they faced discrimination in society, and more women than men said they would favour divorce if a marriage was not working out, according to a Prime Minister's Office survey released on
      AP  -  411 words
    • 107 5 UPI IRANIAN revolutionary guards have built Iran's first twin-seat-er aircraft and say it is invisible to radar, the Iranian News Agency reported. "A twin-seat aircraft has been built for the first time in Iran by the technical and engineering staff of the regional gendarmerie forces in Khoras-
      UPI  -  107 words
    • 448 5 Bernama TRIAL RUNS since June this year by seven taxis using diesel produced from palm oil have shown very encouraging results. Palm diesel, chemically known as methyl esters, is a major breakthrough made by scientists at the Palm Oil Research
      Bernama  -  448 words
    • 147 5 Reuter TURKEY has told the European Economic Community that it is ready to delay until 1995 implementation of a controversial agreement allowing its citizens freedom to work in the 10nation bloc which is due to come into effect next year. A Western diplomatic source
      Reuter  -  147 words
    • 617 5 No change in US policy of non-intervention Reuter THE MIGHTY US dollar has dominated the formal and informal discussions at this year's IMF-World Bank meeting and while Europeans have won no concessions from the US, the Bundesbank has shown a new found determination to defend
      Reuter  -  617 words
    • 354 5 Reuter THE AMERICAN endorsement of a major review of the debt crisis next spring effectively defuses the Third World political challenge on the issue but still falls far short of poor countries' demands, officials say. "This is not and should not
      Reuter  -  354 words
    • 682 6 He calls for a constructive relationship with Moscow NYT PRESIDENT REAGAN shook hands with Andrei A. Gromyko, the Soviet Foreign Minister, in New York on Sunday and told him he wanted "nothing less than a realistic, constructive, long-term relationship with the Soviet Union." With these
      NYT  -  682 words
    • 236 6 UPI BRITISH author Graham Greene, in an interview published on Sunday to mark his 80th birthday, says President Reagan is "a menace" and "as extreme as anyone in the Kremlin". Mr Greene, author of dozens of novels including The Quiet American, The Heart of
      UPI  -  236 words
    • 452 6 AP AMERICAN Secretary-of-State George Shultz has said that the US is prepared to launch a new i diplomatic effort in the Middle East and would welcome "a constructive role" by the Soviet Union. i But Mr Shultz said in New
      AP; UPI photo  -  452 words
    • 291 6 Reuter THE INTERNATIONAL Atomic Energy Agency (lAEA) opened its annual conference in Vienna yesterday threatened with renewed disruption over Israel's 1961 attack on an Iraqi nuclear reactor. A decision by the 1982 conference to suspend effectively Israeli membership because of the attack
      Reuter  -  291 words
    • 257 6 AP AN INTERNATIONAL study shows that US students scored average or below in every category of mathematics compared with students in 21 other countries, suggesting that not enough time is devoted to the subject. "Our students have done worse than people
      AP  -  257 words
    • 139 6 AP PRIME MINISTER Indira Gandhi's government has decided to hold national elections in late December. The Indian Express and The Times of India newspapers reported in New Delhi on Sunday that the elections to select a new Indian Parliament would, however, not to
      AP  -  139 words
    • 471 6 AP Walter Mondale won the endorsement Sunday of the National Women's Political Caucus, which ended 13 years of neutrality in presidential politics to support the first Democratic ticket to ever include a woman. Also on Sunday, Mr Mondale accused President Ronald Reagan of making
      AP; AP photo  -  471 words
    • 415 6 AP EAST GERMAN President Erich Honecker's decision to cancel a visit to West Germany this month has sparked a new West German debate on whether Bonn should yield ground on some basic issues dividing the two Germanys. According to leading Social
      AP  -  415 words
    • 208 6 UPI THE UNITED States is close to dropping out as the world's leading steel producer, United Steelworkers (USW) president Lynn Williams said. "The biggest single problem our union faces is that members face terrible times. The US in many ways is on the
      UPI  -  208 words
    • 238 6 AP FOR THE second year in a row a Honda car was ranked best in gas consumption among cars sold in the US, according to the US Environmental Protection Agency. Foreign-made engines, six of them diesels, powered all the top
      AP  -  238 words
  • Page 4 Advertisements
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      164 words
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  • Page 5 Advertisements
    • 287 5 r i r r I *.<♦. T* A highly exclusive life-style that towers above the rest Imagine yourself residing in one of Singapore's newest and most prestigious residential landmarks. As you step out of your private elevator at Orchard Bel-Air. you step into your own private world of luxurious elegance.
      287 words

  • Page 6 Advertisements
    • 283 6 k di 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.
      283 words

  • BANKING AND FINANCE
    • 472 7 SINGAPORE: The US dollar closed sharply lower yesterday at 3.0150/70 marks against its 3.0570/ 0600 opening here and New York's Friday 3.0425 75 close. The dollar was firmer in the morning on covering of short-positions. It fell sharply to touch a low of 2.9750 in early afternoon trading
      472 words
    • 258 7 Interbank rates at 3pm Currencies Nominal rat •a Smithaonian quoted yesterday croaa parity change Local dollars to 1 one unit of foreign currency: -23 54 US dollar 2 1560 2 1570 2 8196 Sterling pound ***** 2 7156 7 3469 -63 20 Australian dollar 1 7948 1 7978
      258 words
    • 253 7 SHORT-DATED Asian dollar deposit rates closed easier yesterday while periods were mixed compared with the opening in light trading. 'NMCATES the average of the prime taring rates of 12 nujor banks operating in Singapore deposit rates us$ Offer Bid 7 doys 11 1/4 11 1/8 1 month
      253 words
    • 130 7 THE OVERNIGHT rate rose by H -point to close at 8 per cent on the Singapore interbank market yesterday. The two and threemonth term rates eased by 1/16-point each, while the one-month maturity remained at last Friday's closing level. f 1 1 S$ interbank rates k at 3pm
      130 words
    • 486 7 AFP THE Philippines will resume negotiations on Oct 1 with commercial banks on restructuring its US$25 billion debt. Philippine Prime Minister Cesar Virata, who is also Finance Minister, said last Friday the year-long negotiations with the International Monetary Fund on an
      AFP  -  486 words
    • 377 7 BA Futures Inc EURODOLLAR futures opened sharply lower yesterday at Simex. This was initiated by profit-taking in the CME market on news of larger-than-expected increase in US consumer price index and money supply figures. December Eurodollar opened at 88.40. down 16 points from Friday's close and seven points lower
      BA Futures Inc  -  377 words
    • 174 7 HONGKONG The metal closed higher on a weakening US dollar yesterday, finishing at U*****.00/50 an ounce against an opening of $345.90/346.40 and Saturday's $345.75/346.25 close. Trading was very active in the afternoon. The price fluctuated in a wide range of $345.80/349.70. In New York, the metal closed at $347.00/50.
      174 words
    • 459 7  -  Banker says no need to be over-cautious By AMY BALAN UNSETTLED conditions in world financial markets should have only a marginal effect on Singapore, said the man who initiated the US$lOO billion Asian dollar market. Johan Diderik Van Oenen, in the latest issue
      459 words
    • 526 7 AFP SOVIET intervention on the world money markets last Friday, which helped clip the wings of the soaring US dollar, was a prime example of capitalist speculation for a fat profit and had nothing to do with politics, experts said in Washington
      AFP  -  526 words
    • 240 7 Reuter THE rise of the US dollar has forced Norway to devalue the crown by two per cent so as to protect Norwegian exports to Europe, according to a Bank of Norway statement. The statement said the central bank and the Ministry of Finance
      Reuter  -  240 words
    • 163 7 Reuter E GERALD Corrigan, who on Friday was named to succeed Anthony Solomon as president of the Federal Reserve Bank of New York, has monetary policy views much similar to those of Federal Reserve chairman Paul Volcker, economists say. Robert Brusca of Irving
      Reuter  -  163 words
  • Page 7 Advertisements
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    • 421 7 w r aterhc)use Management Consultants Pte LtdManagement Consultants in a wide range of services including: executive recruitment, organisation and corporate planning, financial management, manufacturing, production and project management systems and procedure#, market surveys, data processing and computerisation, job evaluation, salary surveys and compensation structuring, as well as management training and
      421 words

  • FEATURES
    • 493 8 THE BALL is now back in the court of the many Housing Development Board shopkeepers who had complained earlier about adverse conditions in HDB estates. In one fell swoop, National Development Minister Teh Cheang Wan has cleared away most of the difficulties these shopkeepers had in
      493 words
    • 1775 8  -  Economists have yet to come up with a plausible theory for the behaviour of the dollar Are we watching the end of the US dollar's inexorable rise, or are the recent falls temporary aberrations? No one knows, which is not surprising. For as ANTHONY HARRIS explains,
      FT; Source: Morgan Guaranty  -  1,775 words
    • 477 8  -  By HASHIM MAKARUDDIN Bernama NEW ZEALAND'S use of CNG (compressed natural gas) as a transport fuel is a shining example of how the country's very large natural gas reserves have been utilised to reduce oil imports. Already about 63,000 vehicles
      Bernama  -  477 words
    • 605 9  -  How Singapore is cleaning up its polluted waters By JOHN LIM OZONE is produced naturally when lightning strikes the air in thunderstorms and is also present in a layer of the earth's upper atmosphere. But just as man has succeeded in flying without the help of wings
      605 words
    • 754 9  -  By CLYDE HABERMAN NYT NORTH and South Korea make direct contact so infrequently that any meeting becomes an event. Usually, everyone concerned goes home as angry as ever, but last week something different happened. The two Koreas, in sessions at Panmunjom
      NYT  -  754 words
  • Page 8 Advertisements
    • 119 8 Yet another current issue nailed down in a critical analysis in the September 16 issue of Malaysian Business. Other highlights include: •Insecure Guards: A close look at the security industry •Invisibles: How individual exporters can help reduce the deficit. •Restaurants: Franchising, Malaysian style. •Education: The lucrative learning business Plus of
      119 words
  • Page 8 Miscellaneous
    • 656 8 CRYPTIC PUZZLE ACROSS 1 Sprinkle salt and pepper, initially, on the fish (5) 6 Drive quickly to church in a group (5) 9 Against the bar (7) 10 Suppress personally (3, 2) 11 Named in correct order (5) 12 Tom's drinking mate (5) 13 Sticky dog! (7) 15 Actually it's
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  • SPORTS
    • 355 9  -  By WALTON MORAIS SINGAPORE MARATHON organisers are miles ahead of target where financing of the event is concerned. The organisers, who had set the budget for the Marathon at $600,000, have easily surpassed that figure in the value of sponsorship secured. They have
      355 words
    • 478 9 UPI GARY MATTHEWS drove in three runs in the first game and ripped a two-run homer in the second to help the Chicago Cubs beat St Louis 8-1 and 4-2 on Sunday, clinching at least a tie for the Cubs' first title in 39
      UPI  -  478 words
    • 163 9 SOME PEOPLE just can't make up their minds. Overseas Containers Ltd can't seem to decide on the distance their runners should cover in their annual long distance event. When the competition began seven years ago, they called it a quarter marathon. Then they changed it to
      163 words
    • 81 9 AP DON JANUARY hit challenger Orville Moody with three quick birdies and pulled away for his 16th senior PGA victory on Sunday in the U*****,000 digital Middlesex golf classic. January, 54, fired a 3-under par 69 for a 54-hole total of 209, seven under regulation,
      AP  -  81 words
    • 617 9 UPI AP JOHN RIGGINS scored his 100 th career touchdown and ran for 140 yards and Mark Moseley kicked four field goals on Sunday to lead the Washington Redskins to a 26-10 victory over the New England Patriots. Riggins became only the fifth player in
      UPI; AP  -  617 words
  • Page 9 Miscellaneous
    • 980 9 to vm mm HIGHLIGHTS The Search For Alexander The Great "Lord of Asia" 8.03 pm, Channel 12 This four-part dramatised documentary shows the search for the elusive personality of Alexander the Great, a search conducted through the opinions and experiences of those who knew him during his lifetime and by
      980 words

  • INTERNATIONAL COMPANY NEWS
    • 320 10 Nestle (arnation Reuter THE West German Federal Cartel Office would need four months to investigate the planned takeover of Carnation Co by Nestle SA from the time Nestle submits a formal application for the merger, spokesman Hubert us Schoen said. Replying to questions,
      Reuter  -  320 words
    • 715 10 NYT MANY on Wall Street have long been sceptical of their brethren who use the market-timing approach. This year the strategy of trying to expect market moves was further discredited when numerous professional timers missed the August stock market rally. And to add insult
      NYT  -  715 words
    • 278 10 Reuter INDUSTRY sources say the British National Oil Corporation (BNOC) has sent telexes to customers and suppliers recommending its third-quar-ter term prices be maintained through the fourth quarter. Industry analysts had widely predicted BNOC, which markets just over half the oil produced from
      Reuter  -  278 words
    • 209 10 Reuter THE US Administration will inform the House of Representatives this week it opposes pending legislation curbing certain tactics used in hostile corporate takeovers, administration officials say. The legislation is expected to come before the House Rules Committee this week and be considered
      Reuter  -  209 words
  • Page 10 Advertisements
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      156 words

  • ASIAN STOCKS
    • 431 11 HONGKONG: Share prices yesterday lost ground as profit-taking swept the market in active trading. The market opened on a firm note and brokers estimated that the Hang Seng Index rose about 15 points in the first half-hour. But foreign institutions immediately took profits and prices began to slide. By
      431 words
    • 227 11 SEPT 24 NT 6 25 -0 25 Lien Hwa Indus Nan Yo Plas 13 95 30 50 27 00 08 -04 -04 Asio Cement 25 40 26 90 -0 1 -07 Pocrfic Elect Wre 1890 -0.2 Chang Hwa Bonk. 57 50 22 30 unch -05 Paolung Paper 183 20
      227 words
    • 451 11 SYDNEY: Share markets closed firm yesterday on strong support for gold and mining stocks following a sharp fall in the US dollar on Friday and firmer bullion prices. The All Ordinaries Index was 6.2 higher at 731.7, the All Industrials 2.5 up at a record 1,043.7 and the All
      451 words
    • 106 11 MANILA: Share prices closed largely unchanged yesterday in trading which remained dull because of the Philippines economic situation. The Mining marker rose 7.46 to 931.20 but the Commercial and Industrial Index was unchanged at $106.83 and Oils held at $0,629. serr u P«o» Onanrai B 0013 0006 unch Ph4e«
      106 words
    • 216 11 BANGKOK: Share prices closed lower in quiet trading yesterday. The Book Club Index fell 0.29 to $119.30 as declines led advances by a four-to-one margin. Turnover was 441,489 shares worth 54.6 million baht from 228,673 worth 26.0 million baht on Friday. Property developer Maboonkhrong led the active list with
      216 words
    • 97 11 Sep 24 Won Hyundai Motor 622 9 Bonk Seoul Choheung Bk Commercial Bk Doekm Ind Doewoo Corp 656 636 675 572 493 unch unch 2 3 20 KAL Korea First Korea Oil Korea Ship Lucky Ltd 490 720 1206 441 751 20 unch -45 9 6 Doewoo lod 630
      97 words
    • 139 11 Reuter ALLIANCE Oil Development Australia NL (AOD) said its board unanimously recommended shareholders reject the 90 cents a share takeover offer by Santos. In the formal "Part B" response to the Santos offer, AOD said its adviser, Schroder Darling and Co, assessed the value
      Reuter  -  139 words
    • 200 11 AFP AUSTRALIA'S biggest company. Broken Hill Pty (BHP), has begun negotiations with China to develop a big iron ore mine in the Pilbara region of Western Australia. The move comes a month after another Australian company, CRA, said it was investigating the
      AFP  -  200 words
    • Corporate round-up
      • 90 11 LISTED Jardine Matheson and Co unit, Jardine Securities, will pay a 1984 dividend only if it does not incur further losses on investment dealing, says the chairman of both companies, Simon Keswick. He said reduced dividend income from Hongkong Land Co and losses arising
        90 words
      • 83 11 FUJITSU of Japan has developed a computer which can translate scientific and technical documentation from English into Japa- nese, it was announced in Tokyo. Fujitsu says the computer, known as Atlas-1, is capable of translating 60,000 words per hour and is available on hire for 350,000
        83 words
      • 79 11 BRITISH Petroleum Co PLC (BP) has tested its first well in the Yellow Sea off China and expects to disclose results in a few days, according to a BP spokeswoman. She was answering questions on market rumours that BP might have had more
        79 words
      • 53 11 ACI International said it sold its fibre division to Dunlop Olympic for an undisclosed price as part of a policy of disposing of operations which are not aligned with its mainstream business. ACI said the division, Australia's largest supplier of wadding and felts, would operate
        53 words
      • 71 11 Agencies US Steel Corp's Marathon Oil Co subsidiary said the KG-5X well on the Kakap block off Indonesia flowed 3,902 barrels per day (BPD) of 37.4 degree gravity oil from depths of 5,420 to 5,434 feet and 5,364 to 5,414 feet through a oneinch choke.
        Agencies  -  71 words
    • 211 11 Reuter BRITISH Petroleum Co PLC (BP) and London and Scottish Marine Oil Co PLC (Lasmo) will be testing a potentially substantial oil find in Indonesian waters in the middle of October, industry sources say. Spokesmen for BP and Lasmo declined comment. But industry and
      Reuter  -  211 words
  • Page 11 Advertisements
    • 136 11 mm i 1 From soothing sounds to pleasing 'pops', lON BAR brings you all. -1 c Light up your evenings with SATYN i/rll IfVa group of four dynamic entertainers, who'll delight you with their versatility and talent. See them in action, Mondays to Saturdays from 6 pm to 1 am.
      136 words
    • 174 11 -7 Up the staircase at the Century Park Sheraton. v Follow the sweep of the curving staircase of the Century Park Sheraton and you'll find yourself at the Black Velvet Gold. It's a discotheque with hot sounds and cool drinks, an exceptional laser light show, and the sort of clientele
      174 words
    • 91 11 Paramount Hotel Where the happy people go <T> -v ■f -k £9** m fey® We're blasting off tonight and every night at Para Wave Discotheque Take off to the stars... groove to the pulsating rhythms spun by the dynamic music makers. Solosa Sound Services Business Hours First Drink Charge: Weekdays
      91 words
    • 62 11 Inn of Happiness m 4 Whatever the occasion our creative Cantonese cuisine makes it a celebration that s Distinctively/ Hilton in Style. ISGQt HIKTON INTbRNATIONAb SINGAPORE Offers you an ever-changing panorama of sea and sky. of the world at your feet. In addition to superb Continental cuisine. A* M //!//>//'
      62 words
    • 135 11 Luncheon: 12:00 2:3opm Dinner: 7:00 10:30pm Reservations: Tel: 223 3366 The Octagon, sth Storey 105 Cecil Street, Singapore 0106. Pick-up sen-ice for luncheon patrons. Ample parking facilities for diners. Ifffl Lajfl B NOW OPEN FOR BUSINESS Where Peking Sichuan Cuisines Reach the Very Peak of Perfection. Where Every Dish is
      135 words

  • RAW MATERIALS
    • 509 12  -  By KINGSLEY WOOD AUSTRALIAN WHEAT exports are worth about Aslsoo million a year but angry growers in northern New South Wales claim government charges and taxes are sending them close to bankruptcy. More than 1500 of them at three meetings at major
      509 words
    • 129 12 UPI A NEW SOYBEAN stocks report indicates that the 1983 US crop may have been larger than the most recent 1.6 billion-bush-el estimate issued by the government, USDA said recently. The department said that the soybean crop, which has been troublesome for statisticians since January,
      UPI  -  129 words
    • 273 12 Reuter THE RECENT direct intervention by Malaysia's Rubber Industry Smallholders Development Authority (Risda) in the rubber market has helped to make rubber prices firmer, rubber traders said. They said Risda, a government-backed establishment formed to look after the interests of rubber smallholders and to
      Reuter  -  273 words
    • 65 12 Reuter INDIA HAS offered to buy rubber from Thailand, with which it has favourable trade balances, Deputy Commerce Minister PA Sangma said. He said he was also considering buying from Indonesia. Mr Sangma said he made the offer during a visit to the two
      Reuter  -  65 words
    • 285 12 Reuter JAPANESE PHYSICAL silver trading has expanded rapidly with the establishment in May of a new free, or spot, market called Loco Tokyo. The new market, developed along the lines of the Loco Hongkong, Singapore and Sydney spot silver markets, aims to attract dealers from
      Reuter  -  285 words
    • 364 12 NYT WITH THE prairie provinces in the grip of a severe drought, Canadian grain exports are expected to decline sharply this year. Some experts said there has been less rain in parts of Western Canada so far in 1964 than there was in
      NYT  -  364 words
    • 315 12 Reuter SRI LANKA favours a tea agreement to ensure stable prices but it is unlikely that one can be established in the current climate of rising prices, the country's tea board director general RLDe Silva said. "We have consistently
      Reuter  -  315 words
    • 161 12 NYT THE CITRUS canker disease that threatens Florida's US$2.5 billion orange, grapefruit and tangerine Industry is being spread by a previously unknown bacteria strain that scientists said may be one of the most virulent organisms ever to attack citrus crops. Tests have revealed that
      NYT  -  161 words
    • 152 12 Chinese Produce Exchenge (Sellers' noon closing prices on Sep 24. S$/100 kg) Coconut oil Bulk FOB 195 00 Old drum FOB 208 00 New drum FOB 212.00 Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW B W FOB NSW Gambier FOB NSW 502 50 363 00 256 00
      152 words
    • 286 12 Singapore A-l special C-l special 227 unq (S$/kilo, ex-godown) C-l Ordinary Loonzam 100% unq Thai white first grade unq 100% 1st class (kangaroo) 100% second grade 100% third grade 255 unq new crop 1.05 Parboiled 100% 2nd class 0.77 5% 257 100% 3rd class 075 10% 252 25% new
      286 words
    • 175 12 PRICES on the Malaysian crude palm oil market yesterday closed firmer on short-covering and speculative buying interest, with sentiment aided by a higher Chicago soybean complex close last week. September deliveries in the south region firmed M 527.50 while north and central rose $25 all at $1,040 per
      175 words
    • 99 12 A CONTINUING shortage of demand saw the Straits tin price in Penang remained at the International Tin Agreement floor level of M 529.15 per kg. It has been at that level since July St. The buffer stock manager again absorbed the bulk of the disposals with little baying
      99 words
    • 169 12 Yarn Hongkong Golden Peak, 60 x 60 115 50 (In HK$ p«r bolt of 400 lb) China corded yarn, cones White cloth Japan No. 10,000 Blue Phoenix 16 s Blue Phoenix 20'* 3,300 3,500 Three Peoches Japan No 2003 221 50 Unq Unq Blue Phoenix 32's Blue Phoenix 40's
      169 words
    • 210 12 SINGAPORE The market closed steady yesterday with October One RSS buyers quoted at 194.50 cents per kg, unchanged from last Friday's close. The morning market gained 0.25 cents after fluctuating narrowly in quiet trading. Prices eased fractionally in dull afternoon trading due to lack of buying interest. MALAYSIA The
      210 words
    • 336 12 RAS prices (m s cents/kilo, FOB mi boles) NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS prompt 191 50 192 50 191 00 192 OON lot 1 RSS Oct 195 00 195 50 194 50 195 00 Int 1 RSS Nov 195 00 195 50 194
      336 words
    • 109 12 (cents/kg, 1-ton polltts) October November (current mth) (forward mth) RAS NOON NOON Buyers Seller* Buyer* Sellers SSR 20 190 00 192 00N 191 00 193 OON SSR 50 188 00 I90 00N 189 00 191 OON MRELB Buyer* Seller* Buyers Seller* SMR cv ***** 221 SON 221
      109 words
    • 1128 12 COFFEE Robusta futures traded at or near session highs at end-morning yesterday, posting gains from Friday's close of mostly £13 to £2 per tonne. Near November was finally traded at £2,433 from £2,400 bid at the pre-weekend final call although trading throughout the morning had been subdued at
      1,128 words

  • SHARE INFORMATION
    • 279 13 SINGAPORE Rises KLM 90* 283 Gold Com 300 M Gkm 273 Sm Vn» 290 F A C 1 50« 235 Womw Hldgs 128 httMt 223 Falls M Cobies 350 A Enterprises 400 C Properties 380 Lmgw 50« 140 LimHtt 580 MotokoH 327 Traawh Mum 800 Sitwoot Dredg
      279 words
    • 4210 13 IN LINE with a near 15point fall on Wall Street last Friday, share prices on the Singapore stock market closed lower in light trading yesterday. Losers outstripped gainers by 85 to 31. Price gains were modest but nevertheless encouraging. A spillover of last
      4,210 words
    • 460 13 THE Kuala Lumpur stock market finished on a generally easier note yesterday as investors continued to stay away. Trading was again characterised by selective interest with several situational issues going against the general trend. Turnover dropped to 4.99 million units valued at M 511.02
      460 words
    • 2680 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 SetUement Contracts are quoted after the word "SETT"
      2,680 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 554 14 CAN Petronas go into banking? No, says a lawyer. Yes, says the Malaysian government. The poser arises because Petronas was set up by an Act of Parliament, the Petroleum Development Act 1974 (PDA). But it was incorporated under the Companies Act 1965. The
      554 words
    • 781 14 KIAN JOO Can Factory Bhd, which is seeking a listing on the KLSE, is working towards satisfying New Economic Policy requirements on bumiputra participation in the company by 1986. Kian Joo's managing director, Mr Anthony See said that the 30 per
      781 words
    • 2384 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, witn the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajioomoto (3.865) Alex Hldg xd Akom (1.866 1.875) (2)
      2,384 words
    • 199 14 AFP THE Malaysian government is planning amendments to the Companies Act to protect the interests of minority shareholders during mergers and takeovers. Trade and Industry Minister Tengku Razaleigh Hamzah said existing laws did not protect minority shareholders particularly in such areas as disclosure
      AFP  -  199 words
    • 561 14 wsmt mm LONDON-based broking firm Laurence, Prust Co has recommended that Keppel Shipyard shares should be sold on strength while those of Straits Trading should be collected as a defensive issue. On Keppel Shipyard, the broking firm said in its Sep 12 write-up that
      561 words
    • 510 14 Reuter THE tentative settlement ending the United Auto Workers union strike against General Motors Corp may be expected to bring a short-term rally in GM shares, but Wall Street will give extremely close scrutiny to terms of the new labour contract before deciding whether there is
      Reuter  -  510 words
    • COMPANY MEETINGS
    • 105 14 HONGKONG Australian Industrials Hong Seng Index Monday 1043 8 Friday 1041.1 Monday 990.82 Week ago 1032.3 Friday 1000 08 NEW YORK Dow Jones Week ago 963-52 TOKYO Friday 1201.74 Thursday 1216 54 Tokyo Dow Jones Week ago 1237.52 Monday Closed Saturday ***** 80 Standard and Poors Week ago
      105 words
    • 246 14 Managers' prices for Sep 25 Singapore Unit Trust The Commerce 2 83 3 01 The Savings Fund 1 83 1 94 S'pore Prog Fund 1 22 1 29* S'pore Sec Fund 1 83 1 94 S'pore Invest Fund 113 1 20 S'pore Equity Fund 1 26 1 34
      246 words
    • 690 15 KAMUNTING Tin Dredging (M) Bhd, which has been suspended from trading on the Kuala Lumpur Stock Exchange since Aug 16, is likely to see some fireworks at its annual general meeting on Friday. Shareholders are apparently disgruntled at the way the company's management has been handling
      690 words
    • COMPANY BRIEFS
      • 25 15 has formed a wholly-owned subsidiary, Ketapang Realty Sdn Bhd, with a paid-up capital of Ms 2. It has not commenced trading yet.
        25 words
      • 51 15 will hold an EGM on Oct 6 to approve the agreement and deed of compromise with Ngee Ann Kongsi regarding the dispute over the Orchard Square site. The deed can be viewed at the company's registered office or the office of its registrar, Singapore International Merchant Bankers
        51 words
      • 24 15 closure dates for Marco Polo Hotel's dividend have been changed to Oct 12-15 and all transfers should be lodged by Oct 11.
        24 words
      • 54 15 has purchased on the open market $6.43 million nominal amount of its $150 million 8 per cent convertible unsecured loan stock 1983 93 for a total consideration of $6.43 million (excluding expenses). The loan stock will be duly cancelled by UOL and will not be available
        54 words
      • 74 15 $228.52 million 7.5 per cent convertible unsecured loan stock 1991 and US$7O million 5.5 per cent convertible bonds due 1998 will not be convertible between Oct 17 to 24, being the period during which the share transfer books and register of members will be closed for determining shareholders'
        74 words
      • 24 15 has been changed to No 42, Jalan Penchala, Petaling Jaya, with effect from Sep 1.
        24 words
    • 1023 15 THE market closed lower yesterday on a lack of follow-through from opening firmer levels, with trading largely inhibited ahead of the results of this week's pit supervisors' national ballot, dealers said. At 3.30pm, the FTSE 100 index was down 5.4 points at 1121.6. Leaders showed falls of up
      1,023 words
    • 822 15 HOCK LOCK SIEW MAGNUM Corporation Bhd, the four-digit lottery operator and finance group, is looking to expand its leisure and resort business which is now concentrated in Mimaland and related travel activities. There is talk that Magnum is considering the possibility of acquiring
      HOCK LOCK SIEW  -  822 words
    • 469 15  -  By NAJEEB JARHOM RASA Sayang Beach Hotels (Penang) Bhd is finding it difficult to cope with competition in the popular Batu Ferringhi hotel belt in Penang. Continuing the pattern of lower profits which started in the first half of 1983, group taxable profits fell
      469 words
    • 228 15 LAST FULL YEAR Company Period Dote Net EPS Gross Net announced (cents) drv profit lost yeor <%> ($000) G Lumber Interim June 30 3,618L Acmo Interim July 28 110 7 5 2,635 Atcom Interim Aug 5 50 9101 S P P Interim Aug 10 50 361 Intl Trust
      228 words
    • 354 15 TEXTILE Corporation of Malaya Bhd has spelt out the intended uses for the M 574.4 million to be raised from its proposed one-for-two rights issue at $1 each. Setting the stage for the next phase of its growth, Textile Corp will invest $22
      354 words
    • 303 15 DAYAPI Industries (M) Bhd, a property and quarrying group headed by Datuk Yap Peng, is the latest Malaysian company to go public. It has received the Capital Issues Committee's approval to sell and to offer for subscription 12.1 million of its Msl
      303 words
  • Page 14 Advertisements
    • 137 14 APPROVED ISSUES any Rights ISSUE One-for-four (a $4 00 per share Ex-date: Oct 9 Books close: Oct 16 PROPOSED ISSUES any RIGHTS ISSUE ables One-for-two fe I per share n Five-for-one (>< $0 50 per share, g Hldgs One-for-one I per share Sub-division of SI par into 2 shares of
      137 words
    • 14 14 TIMES Business Directory of Sin&il>orc (BUKU MERAH) A VALUABLE ASSET, IN ANY OFFICE, ANYWHERE
      14 words

  • Page 15 Advertisements
    • 24 15 THE GREAT BOOKS For those interested in Intellectual Enjoyment -443 great works by 74 authors in 54 volumes Call STF Distributors Tel No: *****44/*****28
      24 words
    • 274 15 Intellectual Property Conference on TRADE MARKS, PATENTS AND COPYRIGHTS PROF W R CORNISH LL B (Adelaide) BC.L (Oxford). FBA Author of "Intellectual Property: Patents. Copyright. Trade Marks and Allied Rights'. Co-author "Encyclopaedia of UK European Patent Law Specialist Adviser on Trade Marks to House of Lords Committee TOPICS: THE NATURE
      274 words

  • 402 16  -  Existing equipment can handle only initial tunnelling work By WALTON MORAIS THE contractors working at the Mass Rapid Transit (MRT) Novena site are bringing in more elaborate equipment to handle the later stages of tunnelling work, using the new compressed air technique. This
    402 words
  • 214 16 THE SKILLS Development Fund has agreed to further subsidise Tony Wong Company's interest costs incurred on loans to upgrade its factory equipment under the Interest Grant for Mechanisation Scheme. Since early this year, the SDF has approved "two or three times"
    214 words
  • 382 16  -  By LIM SOON NEO S-I-A will help Singapore Airlines (SLA) save more than 51.3 million in its financial year 1984/85 (ending March 1985). Staff-Ideas-In-Action < S-I-A), the name for the airline's employees' award-winning ideas scheme, helped the company save $1.2 million in
    382 words
  • 207 16 A FIRST-EVER bonus dividend of 5 per cent has been declared by Singapore Airlines. This is on top of a first and final dividend of 15 per cent. For the total dividend payment of 20 per cent, SIA paid out $28.4 million to
    207 words
  • 162 16 ONE OF Singapore's big four local banks is among 61 international banks that are putting together a US$4OO million loan to Indonesia. United Overseas Bank (UOB), with a stake of $1 million, is in the deal as a participant. At the top are 20
    162 words
  • 157 16 HONGKONG and Shanghai Banking Corporation is expanding its insurance activities in Singapore and has taken majority control of Gibbs Hartley Cooper Insurance Brokers Pte Ltd (GHCIB). The acquisition, through the bank's wholly-owned London subsidiary Gibbs Hartley Cooper Ltd, will increase its stake from 15 to 80
    157 words
  • 508 16 UPI PRESIDENT Reagan yesterday called for "constructive negotiations" with the Soviet Union, saying that "deterrence is necessary but not sufficient", and urged regular meetings between US Cabinet members and the Soviets. In a major foreign policy address before
    UPI  -  508 words
  • 536 16  -  By FOO CHOY PENG RETIRING People's Action Party politicians should avoid lecturing their successors in public. PAP chairman Ong Teng Cheong said that to do so would damage their image and betray their real feelings towards the political self-renewal process. Mr Ong
    536 words
  • 169 16 AFP RICHARD Allen, senior adviser to the US Republican National Committee, said Hongkong would lose its prosperity once the colony reverted to Chinese rule, Taiwan's Central News Agency (CNA) reported yesterday. China and Britain are scheduled to initial an agreement on the future
    AFP  -  169 words
  • 57 16 BLUE chip stock prices advanced further on Wall Street in early trading yesterday, but secondary issues continued to lag. The Dow Jones Industrial Average was up about 6'2 points to 1208. Overall, however, losers still outpaced gainers five to four. Volume was about 12 million shares
    57 words
  • LATE FILE
    • 56 16 Reuter IRAQ'S official press has repeated a warning that Iran's Kharg Island oil terminal would be destroyed if Teheran continued to reject a settlement to the Gulf War. The government newspaper, Al-Jumhuriyah, said the Iraqi strike against Kharg on Thursday was to remind Iran's rulers that Iraq
      Reuter  -  56 words
    • 46 16 Reuter SEVERAL Japanese workers. were injured when Iraq attacked an Iranian-Japa-nese oil complex in the Iranian city of Bandar Khomeini last Saturday, a Japanese company official said yesterday. The official did not say how many workers were hurt or what injuries they suffered. Reuter
      Reuter  -  46 words
    • 71 16 UPI THE ISLAMIC Jihad organisation yesterday reiterated responsibility for last week's truck-bomb attack on the US embassy in Beirut and threatened to strike again soon. It did not name the target but said that the next attack would be "in revenge for the martyrs of Sohmor"
      UPI  -  71 words
    • 63 16 Reuter EARLY ballot returns by members of Britain's National Association of Colliery Overmen, Deputies and Shotfirers (Nacods) show a large majority in favour of strike action, national president Ken Sampey said yesterday. Nacods is balloting its 16,000 members on whether to give the union executive authority to
      Reuter  -  63 words
    • 42 16 UPI PHILIPPINE opposition parliamentarians yesterday filed a motion seeking to oust Prime Minister Cesar Virata over his handling of the country's economic crisis. The motion lodged in the national assembly cited nine grounds in the "no confidence" resolution.
      UPI  -  42 words
    • 60 16 Reuter THE Soviet Union will deliver the first of 40 MiG-29 "Fulcrum" fighter aircraft ordered by India by the end of this year, before the plane is deployed by Moscow's Warsaw Pact allies, the International Defence Review said yesterday. The publication, quoting senior Indian officials, said
      Reuter  -  60 words
    • 55 16 Reuter VIETNAM has freed two French women captured after their yacht strayed into its waters, a French embassy official in Bangkok said yesterday. The two were among six people on board the US-registered So Fong when it was detained off southern Vietnam on July 22 while
      Reuter  -  55 words
  • Page 16 Advertisements
    • 53 16 Call Britannia for free invitation to investment seminar 'v The Chartered Bank Building, 6 Battery Road, #14-08, I Singapore 0104. Telephone: *****86. WHOLESALERS ONLY Bargain Price Warehouse clearance sale lease expiring, all stocks must go. We have available reputable and reliable Italian motors and gears. Detailed listing can be obtained
      53 words
    • 179 16 .`{"?>>&"?&+>+,.~-+/]*%(}^{@='/ Outlook for today: Cloudy, with showers in several areas in the early afternoon. Report for 24 hours prior to 7 30pm on Sep 24 at the airport: Maximum temperature 32.0 Associated humidity 68 Minimum temperature 24.9 Associated humidity 97 Hours of sunshine 7.80 Rainfall in millimetres Troce Rainfall this
      179 words

  • SHIPPING TIMES
    • PORT SIDES
      • 64 17 Reuter LLOYDS BANK International has signed an agreement on business cooperation with the China Shipbuilding Trading Company. Under the agreement signed in Beijing, the two sides committed themselves to introducing potential investors and buyers and providing suitable funding facilities, a Lloyds statement said. Lloyds sources said this
        Reuter  -  64 words
      • 131 17 Reuter AUSTRALIAN woolgrowers and Japanese spinners and importers failed to reach agreement in Tokyo on 1985 freight rates and services. The Australian Council of Wool Buyers said the Australian Northbound Shipping Conference and the Japan Wool Commodity Group have set Oct 22 as the date for
        Reuter  -  131 words
    • 358 17  -  GF* Export^lmpoßT By LINDA CHEE AN American NVOCC company, CF Export-Im-port, has started a consolidation service from the US to Singapore. CF Export-Import is a subsidiary of Consolidated Freightways, one of the top three LTL trucking companies in the US. It signed an agency agreement
      358 words
    • 311 17 UNITED States Lines plans to switch its UK operations back to Felixstowe, barely nine months after it left the East Anglian port for Southampton. A report in Lloyd's List said the line refused to confirm the move. But Associated British Ports, which owns Southampton, said
      311 words
    • 659 17 Shipping Lin* Pag* Col Afeo VI 3 Ahrenkiel Liner VI 5 Alphatrans VI 4 Alpac VI 5 APC Line V 4 APL III 4/5 ASCL III 1 Asiabroker V 5 Austasia Line V 1 Bait-Orient VII 4/5 Bangkok Cont VI 2 Bank Line V 5 BBS H
      659 words
    • 334 17 A SEATTLE test programme to implement the US Customs Service's automated manifest system has angered a number of the US west coast ports and c arriers. The automated manifest system enables Customs to review carrier cargo manifests prior to a vessel's arrival, separate shipments requiring inspection,
      334 words
    • 759 18 Cargonews Asia TAIWAN IS pushing ahead with a port improvement plan to handle growing trade volumes and to strengthen its role as a leading container transhipment centre. The Port of Kaohsiung, in the south, is already the fifth largest container port in the
      Cargonews Asia  -  759 words
    • 188 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
      188 words
    • 1665 18 CHARTERING remained on the quiet side on the London shipping freights market on Friday though Australian coal was believed to be well represented behind a muddle of conflicting fixture details. Known business mostly concerned a small selection of grain movements. In the Great Lakes, Toepfer fixed the Nosira
      1,665 words
    • 108 18 AUXILIARY sails fitted onto the Japanese vessel Aqua City has saved up to US$2O,OOO worth of fuel on its second crossing from North Pacific to Vancouver recently. The 31,000-dwt vessel, built by Nippon Kokan, met with favourable winds. It used its polypropylene sails for 11 of
      108 words
    • 362 18 FT DEEP WITHIN the ship, the engine is working away noisily. Elsewhere, the crew goes about its business unconcerned. Suddenly, an explosion shatters the ship's orderly routine. It is a hazard dreaded by every seafarer. At best, the blast can cause expensive damage
      FT  -  362 words
    • 467 18 NYT A FIGHT over sunken treasure has surfaced in a federal district court in Wilmington. The case centres on an old treasure map. as well as the gold, which a salvager and his company are retrieving. Among the treasure are gleaming Spanish doubloons and old British
      NYT  -  467 words
    • 216 19 ABC CONTAINERSINE is looking for a larger share of the trade between Australasia and Europe, Fairplay magazine says. ABC currently carries between 11 and 12 per cent of the possible 200,000 boxes travelling on the route, but with the new tonnage being introduced, in
      216 words
    • 299 19 A FRENCH group is developing cylindrical metal sails incorporating suction fans to be used on merchant ships. The Pechiney Group will develop and market a turbosail system devised by the Jacques Cousteau Foundation. The vertically mounted sails are cylindrical with a slit and a
      299 words
    • 343 19 AN AMBITIOUS plan to raise the capacity of 12 containerships by one-third is being considered by newly-independent industry leader Sea-Land Service. The ships comprise the New Jersey-based owner's D-9 class and were built in Japan and South Korea four years ago. The plan is
      343 words
    • 443 19 AN AUSTRALIAN firm is seeking licensees to manufacture and market novel container handling systems and components for world markets. To locate prospective licensees, Melbourne Manufacturer Container Handling Systems Pty Ltd intends to form a consortium of companies under the direction of Price Waterhouse, one of the
      443 words
    • 108 19 WEST GERMANY'S four coastal states Hamburg, Bremen, Lower Saxony and Schleswig-Holstein are planning to introduce legislation in the West German parliament to end the tariff system for transport to and from West German ports. Currently, internal West German road haulage and barge transpot
      108 words
    • 3884 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.
      3,884 words
    • 779 24 Sept 18-28 Marine insurance and maritime law training course, Richards Hogg International Adjusters, 12-13 Essex St, London WC2. Sept 23-21 The 73rd annual Convention of the American Association of Port Authorities has been scheduled for Quebec City in September. Sept 24-21 Bth international symposium on the transport and
      779 words
    • 311 24 AFP ALTHOUGH hostilities once again flared up in the Gulf states area last week, enquiry remained at a very low ebb. Meanwhile there was a build-up of tonnage seeking the limited number of cargoes available, with some 50 supertankers (200,*****0,000 tons deadweight) available up to the end of
      AFP  -  311 words
    • 621 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 Siri Bhum 187N 25.984 2300 S'pore Shpg TA 3 1000-1100 jl Family Ace 49A 259 84 2300 Shotuku FSB 0900-1100 B8 Willme Taro 550 26
      621 words
    • 1811 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (Si Mro-Kurulm Line Transgroup (Si Ahreaklel liner Service Kim Shpg (Si Alfred C Taepfer Oreanus Shipping Agen cies (Si Marintex Enterprise PK l Alpac Intrasea (S) Bintang Shpg (KLI Island
      1,811 words
    • 392 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Be la Rozo Donam No 9 Makmur Mizoram Regent Radiance Builder III Crestbank Donam No 7 Feng Ming Kim Soon Li Kota Rakyat Nile Ravidas 18 37/8 20E 33/4 19 22 33/4 37/8 15/6 21E 13/4 18
      392 words
  • Page 17 Advertisements
    • 258 17 roreW* E *cWi«sf oeafii^ 5 OAVtO B 1 Published by TIMES BOOKS INTERNATIONAL Times Centre 1 New Industrial Road Spore 1953 Tel: *****44 A memDe< of tne limes organisation Ss6 50 mm i LONDON Freight# CONSORTIA 11 TANKER Rates VIII SHIPPING Schedule VIII/IX SHIPPING Events Vlll/X CONTAINER Schedules IX WHO
      258 words
    • 279 17 u UASC NATIONAL LINE OF BAHRAIN, RAQ, KUWAIT. QATAR. SAUDI ARABIA AND EXPRESS FULL) CONTAMEIi SERVICE UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shenton Way 04-02 C Marina Houee Singapore 0207 Tel *****94 Telei No RS ***** CFS oMice TPC 03-30 Tel *****31 and *****32 Terminal oftice TPC
      279 words
    • 1074 17 ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd TEL: *****3 MAERSK LINE EXPORT TO USA, EUROPE. MIDDLE EAST. WEST AFRICA ASIA TO US PACIFIC. GUIJf. ATLANTIC. FAST CANADA INLAND POINTS. M RANDO 27-27/9 2S-29/9 LOUIS
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  • Page 18 Advertisements
    • 367 18 r—# FAR EAST/EUROPE CONTAINER SERVICE B BUT AUG B KEMUNNG 8 BUTUK KEMUNNG 1 BUTANG B kemunhg B BUTANG B KEMUNNG From Europe S EDO KOMUGAN KASUGA M N. DELFT B SURIA N. DEAMA N HOUTMAN SEIANDIA I 2) H burg I J) lb) Le H1 p KtUiJ Spoft I
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    • 534 18 YAMASHITA-SHINNIHON LINECONTAINER SERVICES USA/CANADA Pacific South West Feeder at Tokyo Pacific North Weat Feeder at Kobe Atlantic/Canada Feeder at Kobe fm*> vsi n FAMRY ACE 27/9 GLOKT ACE 4/11 Motter VSI LA/LB 0«* Motto *Sl SEAT ¥CR AMERICAN M' 25/10 21/10 HAKOH 24/10 30/10 9/ia 10/10 12/10 QH 11/10 10/10
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  • Page 19 Advertisements
    • 770 19 The Straits Steamship Group QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Cargo For: Hartxai Capaduftn. Aortas. UMn I Aetltrdam :I* A«twe»p. Amsterdam. 0* Binoid>a»en la Brow** SoMunvton UK -tt-ra Ba«»t I DuMn Wbwi Brtm ITitan Lt Hi Stow PManj b porel %lt P«rt«
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    • 562 19 Franco Belgian Services (MEMBER Of ACE CONSORTIUM) iHt-yrir y 3 T'lirrr; STORE P KELAN6 Lt Haw* R'tei fStow Ham B"Ha»en Int r< Hl»g leHawe METOHMCX 21 Sap 21 Sep 17 Od II Oct »Oct 22 Od 23 Oct 25 Oct KOREAN CHANCE 3 Oct «Oct 22 Oct 23 Oct 25
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  • Page 20 Advertisements
    • 682 20 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriafe to Scandinavia, Med, Carribean S. America Inland haulau(e to inland destinations in Europe TO EUROPE/MED S pore P Ketanf Pent leuoes Bbao G«noa H'burj B hj«en Antw Bertram Riclimm 1/10 1/11 31/1# 2/11 HK lon| Oakland Seattle/ Beach lacoma 4/10 23/10 2S/10 27'10 12/10
      682 words
    • 565 20 M S LINE §0»> 4 i* FULLY CONTAINERISED SERVICE MMTUIMCR 3D 28 9 KOREAN CHANOI 19* j 10 SEVEN SEAS BMKE 4711 10 10 KOREAN MCEM 2tW 15 10 ntANSWOftID BROGE 22% 27/10 OMENTAL CHIEF 41W 11 AISO tOADING FOR BRI Ml RHAvSN LtNjne iam Filw Hbwf A«rt««rp 19 10
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    • 411 20 EVERGREEN LINE FAR EAST/EUROP£ CONTAINER SERVICE ACCEPTING FCI I ICI CARGO TOR N! *C W Fll ROM ANN IHV f»« Gtou 21 09 15/10 21/10 ?2/lO 24/10 25/10 27/10 I.e. Gdittr 01/10 25/10 01/11 02/11 04/11 *5/11 07/11 Em. Grind 10/10 05/11 11/11 11/11 14/1115/1117/11 aiso acceptor ici/rci t Fa/ra
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    • 597 20 KIE GWAN SHIPPING (M) SDN. BHD. \%K GV *> 26-* BERANGAN PORT KELANG. SELANGOR MALAYSIA \V TEL: Nos 3M752. 38(435. *****2 3107(4.3*0122.*****7 W. MALAYSIA/S PORE TO E. MALAYSIA SERVICES: P KLANG S PORE P KLANG t KIT A Kkblu S kan In Pt 29 Sept tHATI SENANG Kkblu S>an. Tawau
      597 words
    • 165 20 US I NOSE MARITIME PTE LTD KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Singapore P.KeUnf Loadnf far KYOWA BREEZE In Port Madanf. Lac. Orobay. P. Moresby, Motau. Honiara. Kieta, Kimbe, Rabaul, Nauru Accepting Contanm for Mkronesu South Pacific sobfect to induewwt AGENTS SINGAPORf PORT KEIANG PFNANG SINOSt MARITME PTE
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  • Page 21 Advertisements
    • 793 21 PIL GROUP EAST AFRICA/REDSEA SERVICES VOYAGE W-423 E-525 E-527 E-529 E-531 E-533 SINGAPORE LOADING FOR VESSEL KOTA MURNI KOTA MULIA KOTA TIMUR KOTA PETANI KOTA AGUMG KOTA SEJATI HOOEIOAH, JEOOAH. ADEN. MOMBASA. O'SALAAM HOOEIOAH, JEOOAH. AOABA. PTSUDAN ADEN. JEDOAH. AOABA MOGADISCIO. TAMATAVE. MOMBASA. D'SALAAM HOOEIOAH. JEDOAH. PT SUDAN. MUKALLA HOOEIOAH,
      793 words
    • 909 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE europe HOM EUMTE HAM BHUKN IDW H««f UK lootoo* li V Sated SaieV SaM S<M S«M H«r6w Eiprm SM $*4 SaiN SaieV Sated Itatekbni SaM SaOri SjM SaM Saied Kvama Mjni Sated Sated SaM 24/» 25/9 emnr Med SaM 24/1 9 2/1*
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    • 501 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE EXPRESS SEMI-COHTAtNER SERVICE TO/FROM EUROPE STOKE P REIMS »WM TI.BUB* MBURG ANTWERP CD AM LOWON BKMEN RAMI 111 AM' vns »n/i n/i io/io M/io n/io m/io Sporf M ton/ l*>/I bi»TH bun Amen Amrp A'dim SOWAI 7M 15/10 16/10 3/11 4/11 0/11 «/ll W/ll Sport
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    • 437 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Pagan V 77 Phashwegyawywo V 245 Pa-on V 75 S'pore P.Kelang Penong In Port 28-29/9 2-4/10 Y BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG MEADOWBANK Sailed 18 Oct 23 Oct 20 Oct
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  • Page 22 Advertisements
    • 1133 22 k. *j IV LINE —KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE FEEDER ASM SIM v2i MOTUR VSI NAKANAMt MARU PKLG PUG SPORE KOBE GUAYAQUIL CAILAO ARICA IQWQUI A FAGASTA S ANTONW VALPARAISO 30 Sept 1 Oct 3 Oct 26 Oct 24 ho. 1 Dec 5 Dec 7 Dec 9 Dec 10 Dec
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    • 674 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE Loadmf lor LOS ANGELES SAN FRANCISCO SEATTU TACOHA VANCOUVER BC Acctptng FCL FCL Cantamrs AUSTRALIA EXPRESS CONTAINER SERVICE Acceptoif fa/fQ Cantawm Plata* s»m Fran ?i/?? Oct n Oct 7475 Oct 71/27 Oct 3 No, IMB No. n No. ?B n No. 30Nov IDk
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    • 484 22 SANKDASIA FROM JAPANESE PORTS AND HONGKOMG m GOLDEN LINE CHAN WAN SMIPPWC (PTE) LTD lw| Smcal M M*<C U C*ci Street snuras 0104 mo imsi t« «UJU iMpw 10?n P Katonc M7*l hw| MMU Paw tudjnf Afwt OHNT UOYD (Mi SDN M> 111 K370 STRAITS/PERSIAN GULF SERVICE: GOIKN HAVEN Colombo
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    • 397 22 INTRASEA (PTE) LTD 10. Anson Road »27 16 Internationa' Plaza Singapore 0207 Tel *****11 (10 Lines! <► BREAKBULK SERVICE TO EUROPE/UK SEAWOOO SHIPPING CORPORATION S pore P Mang Loafin| lor: FORT YALE SMM HoMjh/Mdjh Ajentj Smfjpwe MTRUU (fit) LTD BOOKMG *****11 lump* BMUNG SHTPMG CO SON BHD *****4 Pen** M«
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  • Page 23 Advertisements
    • 686 23 :„NOL NEPTUNE ORIENT LINES LTD TO EUROK/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia MAETERLINCK S pore Closing Times: FCI Cargo 1800 27/9 LCL Cargo 0600 27/9 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Jayakarta Anro Temasek Jayakarta SURABAYA Sail* JAKARTA 1" P SINGAPORE [277 PENANG P. KELANG MB/
      686 words
    • 456 23 DO* AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK. KEELUNG. BUSAN. INCHON SPtmi AU NTS NtPTUNI AGENCIES PIE LTD IH *****77 ?*****4 (Bookies) *****10 *****?? (Operatiom) *****87/*****14 (I»tmtnjl) ??0?4S0 ??0?504 <CfS) AGfNTS I UNAS SETIA SON BHO HI M *****0 *****4 PK let *****4 PEN T*l *****5/
      456 words
    • 913 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAWMT WAH SOON SOW »C IST AND 2ND FLOOR NO 1 lAt AN CEMPENMG POUT KLANG
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  • Page 24 Advertisements
    • 593 24 Ilcghmal Container Lines ffrnmtmSil 3 Sa,lm 9 Weekly UlitHfjll Reliable Regular Punctual Berthing P S.A. 1500 Hrs. Tuea, Thura Sat REGULAR/FEEDER SERVICE TO PHUKET/SONGKLA 101 SM SHU BKK KT SKI RATANA BHUM 112/193 2t/27 Sept RATANA BHUM 194/255 3/4 Oct 29/31 Sept 10/11 Oct It/17 Oct 19/20 Oct 23/24 Oct
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  • Page 24 Miscellaneous
    • 157 24 Regional Weather •m i >c E L> K £V U 1 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. </* Wind direction with speed in knots •Vave height LEGEND: R Thunderstorm Temperature c X\ V Shower Weather Wind direction with speed in knots Ram O Cloudy Sly .Vov.
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  • Page 25 Advertisements
    • 70 25 ICY JQh GENERAL AGENTS SEAL lON SWPMG (S) PTE LTD "1 lAA MM Ml. SINGAPORE SALES/BQOKHGS TEL 2205M1 (t LKS) CONTAINER SERVICE TO BANGLAPCSH/INDIA/SRI LANK A/PAKISTAN REGULAR A6ON6 I HAIHA (CALCUTTA) Sea winds am»n tarns ORIENTAL SfAWINDS I INf R AGFNCY PTF I TO SINGAPORE TEL ******1 SALES/BOOKINGS MALAYSIA GENERAL
      70 words
    • 149 25 Scan Dutch 9 To Europe (Med/UK/NC/Scan) To Red Sea/Mediterranean Also Accepting To: From: (I) Barcelona, Genoa, Bilbao, Leghorn Valencia (2) Amsterdam, Antwerp, LeHavre, Basle, Gothenburg Malmo, Stockholm, Oslo, Helsinki Southampton, Liverpool, London (Tilbury), Canary Islands (3) Bremen, Bremerhaven, Aarhus, Hamburg Copenhagen, Aarhus Copenhagen, Helsinki (4) Malmo, Stockholm, Oslo Bremerhaven Bremen
      149 words

  • Page 26 Advertisements
    • 355 26 Lbcation Located at the junction of Alexandra Road and Pasir Panjang Road, the complex is conveniently near the port itself and not too far from the city. \v f"- ass Features The big advantage of the Complex's design, which resembles an 'H' shape, is that tenants will be able to
      355 words