The Business Times, 29 February 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 WEDNESDAY, FEBRUARY 1184 60 CENTS
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  • 272 1 A RECENT government survey showed that Singapore businessmen are increasingly pessimistic about the future of the property market, even on those landed properties which were once considered recession proof. The "Survey of business expectations of the real estate sector" released yesterday showed that
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  • 631 1  -  By RAY HEATH and JOHN LIM A TEN per cent surge in the growth of Singapore's gross domestic product in the last quarto* of 1983 has raised expectations that Finance and Trade and Industry Minister, Or Tony Tan, will present a stimulative Budget
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  • 588 1  -  By LEE HAN SHIH THE "occupancy rate" in the Pavilion Inter-Conti-nental Hotel shopping arcade dropped to near zero yesterday. Business for the arcade's many brand name shops, slow on an average day, ground to a standstill sidle the tenants staged a oneday strike
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  • BRIEFLY...
    • 80 1 Bernama MALAYSIA wants American electronics companies in the country, whose businesses run into billions of dollars, to increase local content in their operations. The companies should also move into the production of a wider range of donwstream products in Malaysia instead of just the component parts for
      Bernama  -  80 words
    • 95 1 Reuter ANTI-GOVERNMENT protests by Britain's labour unions yesterday disrupted transport in major cities and brought civil servants on to the streets to picket government offices. Union members were responding to a call from the Trades Union Congress (TUC), the umbrella group for 10 million British workers, to
      Reuter  -  95 words
    • 110 1 AFP BRITISH Foreign Office minister with special responsibility for Hongkong, Richard Luce, yesterday reiterated that any Sino-British accord on Hongkong's future would have to be acceptable to the people of the territory. Addressing a press conference capping a four-day visit in Hongkong, Mr Luce said that once
      AFP  -  110 words
    • 75 1 AFP PARLIAMENT was set yesterday to debate the situation in India's north-west after two weeks of the worst violence in Punjab state since a pro-autonomy campaign by militant Sikhs turned bloody 20 months ago. Authorities extended a curfew in Punjab until Friday, according to police in Chandigarh,
      AFP  -  75 words
    • 80 1 Reuter CHINESE foreign minister Wu Xueqian yesterday denied his government had issued any overseas Chinese return permits to Malaysians to allow them to visit China without official approval. He said the Chinese in Malaysia were not overseas Chinese and thus Beijing could not have issued any return permits
      Reuter  -  80 words
    • 75 1 Reuter IRAN yesterday denied that Iraq had attacked tankers berthed at its Kharg Island oil export terminal and reported intense ground fighting on the southern war front more than 200 kilometres to the north. About 15 hours after Iraq announced its warplanes had bombed tankers at Kharg
      Reuter  -  75 words
  • 628 1  -  By ZHOU MEI SINGAPORE'S financial community lived up to its role as one of the pillars of the Republic's future last year. It shrugged off most, although not all, of the uncertainties facing the international monetary system, and the financial and business sector
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  • 74 1 THE Economic Survey of Singapore, IKB, will be on sair (ran Friday at |14 a copy. Ae survey will be available at the Shiga pore National Printers at 10, Anna Road. The survey, published by the Ministry of Trade and Industry, gives a comprehensive account
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  • Page 1 Advertisements
    • 212 1 OK FOR SUCCESSFUL OFFICE AUTOMATION H SK "O* Singaporet«i 2225M2M KLW:OS-7MMO Ipoft: W: 06-5147W WHAT businessmen must know about setting up agencies and joint ventures in West Asia Page t < EEC to go ahead with reprisals against US curbs on special steel sales Page 4 THE protracted Iran-Iraq war
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    • 95 1 Now you'll find Sanyo quality in copiers like the SFT 850 E. Designed to produce clean, clear, crisp copies every time, the SFT 850E features: A unique Shuttlex System to eliminate messy paper jams. A speaking facility to tell you when it's out of paper or toner, and so on.
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    • 8 1 More reports on pages i, 7 and 8
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    • 5 1 See page 4 See pa^S
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    • 199 1 Singapores First Local Bank with an international bankinq netwo r k to service you better FOUR SEAS COMMUNICATIONS 6AS* i TC Head Office f- WjSB ,'s 'V- BBMRmBRIS Feature for Feature, Price for Price SHARP ZX-400 Electron* typewriter is the best buy. goeaajl. $1,5000n1y 2-year fall Guarantee Upgrade your office
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  • HOME NEWS
    • 744 2  -  By LUCY NG A FOREIGN hneiiwasnun trying to export to, or set up an office to, Wert Asia will be "greatly disadvantaged" If he does not have a "wellplaced" local partner there. Tide advice was given by Dr Thomas W Hffl Jr. a partner
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    • 364 2  -  By JAIME LYE THE Department of Civil Aviation has awarded four tenders far various concessions at Changi Airport. The first tender, announced in the latest issue of the Republic of Singapore Government Gazette, was for the airfreight unaccompanied baggage service concession, and
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    • 423 2  -  By MONICA GWEE FOLLOWING a 175 per cent Jump in home computer sale* here, Atari Lac has signed on the Ooolde Monster and the Sesame Street gang (or a grab of the educational games market. Atari ran its Sesame Street software through
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    • 437 2 CYCLE Carriage (Enterprises) Pte Limited has announced the appointment of Mr Tm Bag Tat as general manager with overall responsibility for the company's Mitsubishi operations in Singapore. Mr Teo has been in the motor butasss for more than 30 years. His last appointment was as general manager
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    • 375 3  -  By BOEY KIT YIN THE local computer advertising scene will see a new arrival in Honeywell Information Systems (HIS) this year as it embarks on its first publicity drive in the Asian region. The company, with its head office in Minneapolis,
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    • 538 3  -  By LIM SOON NEO THE USE of prefabrlcation in building houses for the public has worked for the Housing and Development Board, said Mr Lau Joo Ming, principal structural engineer of the board. "The introduction of prefabrlcation by the Housing and Development Board
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    • 84 3 ALL of France has now been made accessible to Singapore businessmen. As of March, Telecoms' "On Demand" Speedpost Service will be extended from only select locations in France to cover the entire country. Meanwhile, its existing "Contract" Speedpost Service with France wDI continue
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    • 341 3  -  By CHEN QINGSHUN THE Real Estate Developer's Association of Singapore (Redas) organised a talk on computerisation of elevators yesterday at the Shangri-la Hotel. The main speaker was Mr Mattl Kaakinen, who is Director of Marketing (Engineering) of the Kone Corp of Finland. The aim of computerising
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    • Article, Illustration
      668 3 A LOCAL company, Eastern li hHK (S) PteLM (EI), Is marketing a type of platter that can be sprayed onto walla and ceilings. This plaster, Vetontt, Is said to have the advantage of T»slhr application, leading to savings In labour cost Vetontt Is developed b Oy Partek Ab
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    • 176 3 CHARGE and credit card company Cheq Point has signed a $1 million deal with Complete Computer Systems for die supply and installation of 28 computer terminals at major retail outlets in Singapore and Malaysia. About 14 or 15 terminals have been allocated for the
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    • 641 3  -  By TSANG SAU YIN THERE is a price to pay in the pursuit of excellence in economic performance. A possible decline in the quality of life and social problems such as increased juvenile delinquency could be some of the mimw points of strong
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  • Page 2 Advertisements
    • 141 2 •;V-VV Jyfii II --SV^yCo V w -=i« v-T.'-ssii 4 j* i i ...-3"' 'A 1 a f* f'.TVj i mam nk r m *4' J* Kr*\ --*«i l v -MiMmMM Need a loan to buy a home? POSB-plus-CPF Home Loan is an unbeatable combination We offer the most attractive housing
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    • 102 2 s*-l)<\lnvi-i, vHirt eondominium \oiir haven 1 >v the sea Come home to a panoramic view of a house on Balmeg Hill, foothills and sea Pasir Panjang Road, round-the-clock security (minutes from the city a club house centre and Jurong) swimming pools ever-caressing gentle tennis courts breezes a children's playground There's
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  • Page 3 Advertisements
    • 0 3 `\|)`|-"'}:>;<^:!$[>*(:_$$'_.}{
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    • 409 3 Announcing THE TOUCHSCREEN PERSONAL COMPUTER The Hewlett-Packard 150. -tie L. to new way iest-to-uae Touch. It makes sense, lb operate a personal computer by p—l simply touching the screen. Whether you're finding an computer, address with Personal Card File or making a phone calif our new Touchscreen Personal Computer will
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  • OVERSEAS
    • 285 4 Reuter THE European Economic Community will go ahead tomorrow with reprisals against US curbs on special steel sales from the Common Market. European Commission officials said sanctions would be introduced despite top-level talks between the commission and the US government. However, they said both
      Reuter  -  285 words
    • 263 4 Reuter THE Philippine Parliament has approved a new electoral code that meets several of the opposition's demands (or fair polling in parliamentary elections scheduled for May. The code includes measures to ensure elections are not rigged and bans election-related arrests, death sentences, loss of citizenship and
      Reuter  -  263 words
    • 130 4 Reuter NEWSPAPERS ta lhallaad have keen asked by the Fsreiga Mlalstry sst ts sse the aame Khmer Bsage la their reperta. The Khmer Bsage Is the «•miaaat fsetlsa *r the sett-Vleteamese fiatiflis esalMea gsvenmeat Bat tt has a hat repatatlse heeaase el
      Reuter  -  130 words
    • 236 4 Bernama CHINA has agreed in principle to establish more direct trade with Malaysia to help narrow the the existing trade imbalance between the two countries. This was disclosed by Malaysian Trade and Industry Minister Tengku Ahmad Rithauddeen after his meeting with the
      Bernama  -  236 words
    • 107 4 AFP SOUTH Korea has decided to use all legal means to fight back hard against a ruling by the US Commerce department that South Korean-made colour television sets were being dumped on the US market at unfair prices. Officials in Seoul said that
      AFP  -  107 words
    • 399 4 AFP THE Indian Finance Ministry anticipates a rise of to 7 par cent in the gross national product (GNP) in the financial year 1983-84 on the basis of "strong economic recovery by the agricultural sector" on its pre-budget economic survey. The economic
      AFP  -  399 words
    • 214 4 OF INDONESIA'S U*****.2 billion investments required to attain an economic growth rate of 5 per cent during the fourth five-year development plan beginning in April, $27 billion, representing 19 per cent, will have to come from foreign sources, Parliament was told in Jakarta. Radius
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    • 411 5 NYT REAGAN Administration officials haw said that the US is no longer actively trying to produce a political formula to resolve the conflict in Lebanon. They said on Monday that the administration is more than willing to leave it to the Lebanese and
      NYT  -  411 words
    • 216 5 UPI THE average American household earned U5517,495 after taxes in 1981, down $465 from the previous year, while the typical black family took home only $12,063. The U8 Census Bureau in Washington said yesterday that "increasing unemployment and the onset of the recession
      UPI  -  216 words
    • 276 5 Reuter THE Soviet Uaiaa made ns attempt to Identify a straying South Korean airliner befere sheeting It down Inst September with the lesn of tm lives, n team of United Nations avtattoa experts said sa Monday. Soviet fighters sent ap
      Reuter  -  276 words
    • 557 5 Agencies THE protracted Iran-Iraq war has taken a decisive turn with Iraq claiming that it attacked tankers at Iran's Kharg island and the US saying it fired a warning shot at an Iranian plane near the Strait of Hormuz. Iraq's claim could not be
      Agencies  -  557 words
    • WORLD IN BRIEF
      • 394 5 Agencies US officials of the National Aeronautics and Space Administration (Nasa) said on Monday that all systems were ready for the launch this week of a new satellite expected to provide the best data yet on the earth's food supplies, weather and mineral reserves. The US$25O
        Agencies  -  394 words
    • 159 5 Reuter BRITISH Prime Minister Margaret Thatcher said yesterday the friendship of other women helped her overcome the cares of office and she paid particular tribute to her Indian counterpart Indira Gandhi. "I find it very easy to talk to Mrs Gandhi. We understand
      Reuter  -  159 words
    • 659 5 ARRIVALS Service Local j Operator Number Tine From SIA SQ11 0110 LAX/TYO TMA TL331 0200 BEY/BOM/KUL PAA PA5 0225 JFK/SFO/HKG SIA SQ41 0606 MAA MAS MH601 0820 KUL CAL aoio 0845 JED/DHA MAS MH671 0906 KUL MAS MH811 0910 PEN SIA SQ103 0945 KUL RBA BI421 1000
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  • Page 4 Advertisements
    • 116 4 Set lunch at the Nadaman lives up to the restaurant's reputation for the finest cuisine in Japan. There are six exceUent choices. And several interesting combinations within each choice. All are prepared and presented in the taste and the style that could only belong to the Nadaman. If you prefer,
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    • 420 4 THE SGV GROUP SGV-Goh Tan Pie Ltd Professional/Executive Recruitment Services Our client, a public listed company with diversification plans tor Singapore and Malaysia is rapidly expanding Its activities Into financial serricaa, manufacturing and property development In Una with Ms corporate growth, applicants are invited for the tallowing poets: GENERAL MANAGER
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  • Page 5 Advertisements
    • 111 5 i|pPp3i M 4. -#1 *>* 0 '0 4 -;4 t-- 1 1 asr* V m llllil 'i i MI fqrf spi »-n &<* iff- t S$K V:/ ajl&Si V- > >v \J *4 £> V>" m >v W# $9 *****3 V ■fei'T* i* -;*->r v:. $H ?w >\t km v
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  • ECONOMIC SURVEY OF SINGAPORE 1983 PART TWO
    • 731 6  -  By SOH TIANG KENG WITH buoyant asset growth of 16 per cent, Singapore's commercial banks out-performed merchant banks. The latter were still smarting from the adverse effects of the debt problems of developing nations. Banks conducted their business in a stable environment in which the government pursued
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    • 589 6 Big slowdown in business growth of Asian market THERE was a marked slowdown in business growth in the foreign exchange and Asian dollar markets in Singapore last year. The stock market, on the other hand, continued to ride the crest of a boom. The gold market sparkled during the first
      Artwork by ALLAN CHAN, FRANCIS TAN and EILEEN WAT  -  589 words
    • 625 6  -  B* JOHN LIM IN LINE with the upgrading of the Singapore workforce, there was a continued increase in the proportion of professional, managerial and technical personnel in the total workforce last year. These people formed 14.9 per cent of the total workforce, up from 14.4 per
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    • 209 6 MORE eaergy waa needed last year fer the expaastaa af tke eeaaemy. TUa reaaited la tke rati* at electricity ceaaampttoa ta tke rate af aatpat grewtk ristag tram M la IW2 ta aeariy 1 J. Tke klgk grewtk la electricity eiaaampttoa (II per eeat agalast
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    • 919 7  -  By RICHARD SEAH FOR all the complaints by businessmen about the cost of a strong Singapore dollar, it did help to keep prices of goods down last year. The consumer price index, the most commonly used to measure the rate of inflation, increased
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    • 481 7  -  By JOHN LIM THE labour force grew by three per cent, from 1.17 million in 1982 to 1.21 million last year, while the number of people employed rose by 2.4 per cent, from 1.14 million to 1.16 million. Though the
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    • 403 7  -  By SOH TIANG KENG SINGAPORE'S insurance industry put up a mixed performance last year. The life business radiated glowing health while the general sector languished. In general insurance business, total gross premiums edged up by Just three per cent to $622 million compared with
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    • 330 7 PRODUCTIVITY rose by 5.2 per cent last year as economic activity began to buzz in the second half. This compared well with a LI per cent increase in 1962. Transport and communications turned in top scores with productivity rising by 10 per cent, against 7.7
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    • 319 7  -  By ZHOU MEI TO FOREIGN investors, Singapore retained its draw. Singapore remained an "attractive location" to not only those with expansion plans to implement but also to those with new projects to launch. As in June 1963, cumulative foreign investments in terms of
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    • 503 8 GUESTS at the Pavilion Inter-Continental Hotel must have sensed that yesterday was special. The hotel shops were closed, something unheard of in Singapore. It was not difficult for them to find out that the shopkeepers had gone on strike. The reason was prominently displayed: "Closed
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    • 787 8  -  By ZHOU MEI THE financial and business services sectors provided one-third of total corporate tax collected last year. Manufacturing came a close second with 32 per cent. Trade accounted for nearly a quarter of the total $2.4 billion collected. Income tax collections slowed up significantly last
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    • 258 8 TAX ceaccssfoas by the pvenunot Mvend fiscal for the flwilil sector. canni by Anton Carreaey Units tram «Habere lee— syndicated In jppi within five years ef April 1, IKS wsnid net be sabject to tax. Ts eaeearage sffshere tuds nnfMMit, effective for
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    • 313 8 PUBLIC housing took up close to 90 per cent of total loans extended by the government last year. Other recipients included development projects of industrial estates and reservoirs, shipbuilding and manufacturing activities. The Economic Survey reported that total loans came to $4 billion, up 26 per
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  • Page 6 Advertisements
    • 260 6 A TOP-NOTCH MANAGER KEEPS HIS DOCUMENTS IN v SITS DY HIS OSSESS A I 0 KEEPING MANAGERS OH 1 SITTING DOWN A successful Manager needs to be on his toes all the time. He must have important information whenever he needs it. A Compucorp Information Processor provides him with just
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  • Page 7 Advertisements
    • 288 7 "RjrD days only, Chef Bonin from the Hotel de Crillon in Fferis,will demonstrate his legendary talents atThe SanMarco. w Every night, without fail, Les Ambassadeurs', the magnificent restaurant of the Hotel de Crillon in ftiris, resounds with the excited chatter of many gourmets. jyj The reason is a thirty-four year
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  • Page 8 Advertisements
    • 95 8 Impress #4 < >> r 4 A ■V-. <* 1 m cr 2® <•# fp;- iP t Close a business deal, dictate a letter, send a telex at The Businessmen's Centre, an office envoy from the office. Work out at the gym, play squash ana tennis or enjoy exciting sea
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    • 64 8 OMSAI RAM Auspicious Celebration for your goodwill, peace and prosperity Organised by SRI SATHYA SAIBARA CENTRE OF TANK ROAD, SINGAPORE at the Chettiar Tfemple Tank Road Singapore 0922 v man foi pa I«ha4fcta Itrtri Cdebrabon ii nMIHI ij itth WriMafcy 7.15pn to San M Sbivs Asfctothamn. Sai Asbtotbaran Uk on
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  • 612 9  -  By DONALD SINCLAIR IS the US dollar ready to crash? Many of the fundamentals say it isn't. The US economy is in recovery, interest rates appear to be staying high, and the Middle East conflict should be driving funk money in the direction of
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  • 510 9  -  By TODD EASTHAM UPI PRIVACY has never ben easy to find la overcrowded Japaa, bat receat strides la electronic sarvelllaace have made the private chat betweea colleagues, levers er ceaspirators a precise» commodity ladeed. lie lack ef espieaage lcghlatlea la Japaa decent make lite
    UPI  -  510 words
  • Page 9 Advertisements
    • 458 9 Make your offers known through ORGANIZATIONAL RESOURCES SDN BHD Presents a Top-Level National Conference on CORPORATE STRATEGIES for the mid-80's Ballroom, The Regent of Kuala Lumpur As Motaysian Companies race into me mkJ-80's Corporate Planning and Corporate Strategies will ptay on increasing rote in formulating and determining business decisions What
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  • Page 9 Miscellaneous
    • 1100 9 SINGAPORE 5 J 3.00 PM Opening and Programme Kghfights Mowed by Hotel (Mandarin/r with English subtitles) 4.20 Technology Risks and Opportunities 4.35 Exercise with Gloria 5.00 Anfcnals, Animals, Animals Giraffe: It's a good thing giraffes don't wear clothes because a young giraffe grows about two cm every two hours! We
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    • 631 9 I I -IN-ONE CROSSWORD 1 CRYPTIC PUZZLE ACROSS 1 Ma's in an accident (5) 6 A boat to take over (5) 9 From which to give the enemy a dose of their own medicine! (7) 10 Possibly grate very fine (5) 11 Where to be soft-heart-ed yet with possibly iron
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  • RAW MATERIALS
    • 576 10 AFP A MALAYSIAN government-appointed task force has recommended that membership in the Kuala Lumpur tin market for physical trading be limited to Malaysian-based companies only. This was reported by the Star newspaper in Kuala Lumpur on Monday but no official confirmation was
      AFP  -  576 words
    • 165 10 Reuter INDONESIA is unlikely to better last year's sugar output of 1.63 million tonnes in calendar years 1984 and 1985 in spite of higher targets, the Kompas newspaper said. It quoted Marsaid Pawlrosemadi, the director of the Indonesian Sugar Research Institute, as saying production would not reach
      Reuter  -  165 words
    • 540 10 AFP THE current high level of natural rubber prices are expected to be maintained, given the underlying strength of the market backed by fundamentals, the Malaysian Rubber Exchange and Licensing Board (MRELB) said. Fears and uncertainties over the effects of the International Natural
      AFP  -  540 words
    • 181 10 SOYBEAN futures in Chicago on Monday closed from two US-cents lower in March to two cents higher in August. March traded in an 8V«-cent range. Locals covered short positions late in response to rallies in the British pound and German mark. Late buying in soymeal, as traders tried to
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    • 142 10 WHEAT futures In Chicago on Monday closed V« to one US-cent per bushel higher, with the spot March ending off (Hie cent. March traded in a lV«-cent per bushel range. Futures rallied late with rises in the German mark and British pound against the dollar. Recent large export bookings
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    • 316 10 AFP THE Malaysian Timber Industry Board (MTIB) is hoping to capitalise on interest generated by Prime Minister Mahathir Mohamad's visit to the United States by sending a 20-member promotion mission there next month, it was reported in Kuala Lumpur yesterday. Apart from the traditional
      AFP  -  316 words
    • 319 10 THE RUBBER market in Singapore yesterday closed slightly higher with March One RSS buyers quoted at 239.75 cents per kilo, up three-quarter cent from Monday's close. The morning session was marked up slightly on firmer London advices in thin trading with operators generally on the sidelines waiting (or any
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    • 260 10 RAS prices In cento per kilo yesterday: Noon Clone (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f o b. 233.50 234JON 233.75 234.75N Int. I R.S.S. March 239.50 240.00 239.75 240.25 Int. 1 R.S.S. April 244.25 244.75 244.50 245.00 Int. 2 R.S.S. 232.25
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    • 102 10 NOON 881 I end SMR prion ywtorday RAS Man (Carnal Mjtnl A ;M») April (^orwaHMMU) SSR 20 (1-ton pallrt D 218.00 220 00N 230.00 222 00N SSRSO (1-ton pailal D 216-00 218.00N 218.00 220.00N MRKLB Mar ek April SMRCV (1-too pallM D 282-SO 284.SON 284.SO 288 SON
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    • 946 10 COFFEE: Robusta futures recovered from midmorning lows to end yesterday morning with pared losses of £1 to £9 a tonne, apart from offered near March which was £1 higher. Near March ended at £2,068 bid, £2 lower and with its premium to May £4 higher from Monday's close
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    • 30 10 Robber Feb 28 Singapore: March 239.75 cents (up 0.75 cent) Malaysia: March 264.00 cents (up 0.75 cent) Tin: M 529.15 per kilo (unchanged) 80 tonnes (down 13 tonnes)
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    • 66 10 THE Straits tin price in Penang yesterday remained unchanged at the IT A fleer level el Ms2t.ls a kilo. Dealers said the buffer steck manager was again the major buyer amid a continuing absence of foreign demand, as sentiment remained depressed by a further fall In Leaden. Turnover
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    • 259 10 PALM oil and palm oil mill effluence can now be converted to diesel and a source of electricity. Primary Industries Minister, Datuk Paul Leoog, said in Kuala Lumpur last week that both the diesel and boigas steering committees set up in July last
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    • 184 10 THE Malaysian crude palm oil market yesterday clostd lower on continued selling and lack of support in quiet trading, with most operators sidelined following erratic movements in palm oil futures. Feb deliveries in the south region eased Msso to MR,460 a tonne and central Ms4o to MJ1.460. March
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    • 154 10 CHINESE Preiaee Exektage, Stogapere, eMag prieta per 1M kg yesterday. CMHit «II: Bulk fob $208.00 sellers, old drum (in second hand drum) fob $221.00 sellers, new drum fob $225.00 sellers. Copra: Mixed (loose) $120 buyers. Pepper: Muntok white pepper fob Asta NLW $665.00 sellers, Sarawak white pepper faq
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    • 320 10 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop LO6, 100 per cent second class 0.82, 100 per cent third class 0.78, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.63, Special
      320 words
    • 195 10 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cotton Tan: China Blue Phoenix 20*s 3,660, 32's 4,440, 40's 4,910 (per bale of 400 lbs). Pleee Goods: China Butterfly and Globe Brand nnq. Dragon Head unq, Five Lambs unq, Flower and Butterfly
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  • Page 10 Advertisements
    • 281 10 j: BUSICOM'B4 THE STH INTERNATIONAL BUSINESS EQUIPMENT COMPUTER SHOW IN SINGAPORE March 13-17,1984 World Trade Centre (Hall 2) Time: 12noon-Bpm. On behalf of all exhibitors and the relevant people. International Business Center Co.. Ltd. would like to welcome you to visit "BUSI-COM '84" which will be held on a targe
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    • 75 10 Dragon Showcase in association with Edsam presents 1 m v> 1 "Roses are red| Blue on "Blue velvet" J together at the Neptune Theatre Sunday 4th March 1984 Matinee show: 430 pm $75 nett Dinner show: 7.30pm $165 nett Non-diners: 9.00pm $95 nett Tickets available: Mandarin Singapore Restaurants Show Reservations
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  • BANKING AND FINANCE
    • 340 11 GOLD futures prices in Singapore yesterday closed slightly lower on light profit-taking after a steadier opening in quiet trading. Iran's denial that Iraq had attacked tankers at Kharg Island contributed to the late fall. Prompt slipped to U*****.50/401.50 an ounce compared with $402.00/403.00 in New York, April at $404.00/
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    • 66 11 New York 9.88B 9.G0B 9.93S 9.65S Zurich 9.50B 9.60B 9.55S 9.65S W Singapore IMS 9.79B MB 9.50B 9.84S 9.55S ringing prices in US dollars a troy ouno t. Source: Credit Suisse, S'pore OCBC exchange rate index THE OCBC trade-weighted Index for the Singapore deilar fell in per cent
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    • 86 11 THE dollar yesterday fell below 2.60 marks before the start of general trading and opened at its lowest level since last October. It opened at 2.6000/10 marks, more than three pfennigs down on Monday's finish and in line with New York's sharply lower closing *****/75. Opening quotes yesterday: US
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    • 134 11 THE US dollar yesterday closed well above its early lows on profit-taking purchases and short covering, but did not rise above New York's finish in erratic trading. It fell intially to a low of 2.5960 Deutschemarks, well below the 2.6060/75 New York finish, but recovered to close at 2.6045/
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    • 24 11 THE average rate at which major Singa* pore banks are currently prepared to lend to their beat customers is 9.104 per cent.
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    • 182 11 ASIAN ASIAN currency deposit Interbank rates as at 5 pm on Feb 28: US Dollar* Offer Bid 7 days 9'% 9* 1 month 10 9* 2 months 10H 10 3 months 10'. 10* 6 months 10H 10* 9 months 1011/16 109/16 12 months 10* 10* Dm*. Sw.Fr*. (Middle Price*) 1
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    • 7 11 ■■m V>1 Source: National Discount Co
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    • 506 11 THE dollar yesterday fell despite news that Iraq had attacked Iranian oil tankers at Kharg Island. The US dollar opened at 552.1245/55 against the local unit. Trading was quiet, and commercial selling of the dollar out of Kuala Lumpur brought it down to a low of $2.1208/18. There
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    • 165 11 THE US dollar yesterday partially recovered in afternoon trades as operators covered short positions, following the reported escalation of fighting between Iran and Iraq, dealers said. The US unit rose to 2.6040/47 Deutschemarks from an early 2.5990/97, but was still below New York's 2.6060/75
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    • 391 11 Reuter PHILIPPINE bankers expect the Philippines central bank to raise the minimum reserve requirement for commercial banks from the present 23 per cent in an attempt to further tighten credit and reduce money supply. A credit squeeze has already pushed up the Manila reference
      Reuter  -  391 words
    • 290 11 AP Reuter THE EUROPEAN Monetary System (EMS) has injected some stability into European Economic Community currencies. However, it needs Britain's participation to work at its best, European Community Financial Affairs Commissioner FrancoisXavier Ortoli said. "On balance, the experience has been a positive one,"
      AP; Reuter  -  290 words
    • 215 11 THE International Monetary Fund should make a new issue of Special Drawing Rights to improve the reserve positions of poor countries, says Pakistani Planning and Development Minister Mahbub-ul Haq. Speaking at the opening session of the Round table on Money and Finance
      215 words
    • 158 11 Reuter INDONESIA may increase shortly the size of its planned syndicated borrowing to US$7OO million from $600 million, banking sources said. There were also speculation of a further increase to $750 million. The expected increase follows the success of the eight-year loan's general syndication, which has
      Reuter  -  158 words
    • 196 11 Reuter THE JAPANESE Cabinet has adopted bills to liberalise its financial, securities and investment markets, including a bill to float foreign currency government bonds abroad, a cabinet spokesman said. The bills also include one designed to revise the foreign exchange control law and relax
      Reuter  -  196 words
  • Page 11 Advertisements
    • 483 11 INTERCLEAN •Q/§ PEST CONTROL O"# Ist Cleaning, Maintenance, Sanitary Pest Control Exhibition Target Asean PRESENTS THE PROBLEMS THE SOLUTIONS. A critical need in Singapore and Asean is finally being met For the first time ever, a major exhibition featuring the most modern methods and equipment available in the CLEANING, SANITATION,
      483 words
    • 582 11 MODULEI Tax and Financial Review for Industries Singapore, April 5,1984 It is critically important that senior management personnel gain a greater insight into the basis for efficient financial and tax planning in order to achieve the optimal position for their operations. The seminar will explore the rationale behind a tax
      582 words

  • Page 12 Advertisements
    • 931 12 Where to wine, dine and entertain toda. The total card that incorporates the features of a credit card, charge card, cheque card, cash card and purchase card neatly Into me. Call Julia at *****97 (20 lines) for an application form. 1 y ■M m m M li 15 She's entertaining.
      931 words
    • 208 12 Executive Style Quick Lunch AVAILABLE FROM 12.00 NOON 2.30 PM $16.00++ MONDAY ROAST AIR-FLOWN SIRLOIN OF BEEF Fondant Potatoes Vicky Carrots TUESDAY ROAST LEG OF PORK APPLE SAUCE Croquette Potatoes Bouquet of French Beans WEDNESDAY ROAST PRIME RIB OF BEEF Jacket Potatoes Cauliflower Au Gratin THURSDAY ROAST STUFFED CAPON WITH
      208 words

  • INTERNATIONAL STOCKS
    • 1094 13 NEW YORK A FINAL-HOUR buying spree helped lift stock prices to a sharply higher close (or the second straight session on Monday as the market was encouraged by signs that the Reagan Administration might be willing to trim the Federal budget deficit through a tax increase. The
      1,094 words
    • 188 13 FBI) iUnd Un Steal Unlaac 1ST Ml M ♦M INDUSTRIALS Wooivortb MM m M Ml Ml -M ■inch -I -M^ MININGS MM im -M 14 unci! AaftMMTZ S3SS* ■uw CKA Charter OMM OOM Com Kurd Ml MM > MM unci) M -M CWfM PlDMMI I «M D* 1MB >a
      188 words
    • 144 13 rsB n eg lap on if Abttlbt «M .u IBCO I® HMHM in in i i wn *li f I IMI m MU U iSSL Si i*. stSS"^ —iS t!i» RS2M«£S 22 ?2r mu meM Bank N<m tartii* MM K«t Add 1M acp< J ion» b MM BP Can
      144 words
    • 162 13 rn «i rwne» AcUoru BuImm 1U ♦1 Aluaulan Br. W +5 AhMw Sac. m -I Brown Bowl Br. tw oncb Cite (Mo Br. 290 4-10 Ota (Mo PC lOD -fl# g55.t°2S^t—S Cradft Sulaaa Ba« «I noch ■rtliiwll Br. MM Owrp naebar Br n> OUbm Pe «U unch Kara Br.
      162 words
    • 110 13 FEB XT m OBOUP B CORB KILLS SSESSo#; Atr-UaiM* SM *U BUI t" AqulUine Mat n t tm 4 DM PMTOto SB *1 OpJMSSST-— I*» 1 S M Ocrvtll MJO -0J duom mm ruXmnnHt m* car (Tho—oo- nJa fU OBOUP C Ot PnaoilM Oomp«inH dM PttrolM 213 -M Buvcabc
      110 words
    • 75 13 FEB n Dm Aes-TeMimfcen Hun BAST MM ♦Oil ♦to HorUn im Kmtadt MJ BHD MJ Linda Mi PtaiUpa Koaun WIj Friaiwa TWJ Bwer* tm Schatinf mb 10 unch 10 L> 10 *11 M 41 M IU -1 -1 a Bun ***** new oojo Commantank III MP Coatt Ounml 1SJ0
      75 words
    • 134 13 iS ru MCS MU +1 +U AMXV Anfu U 11 MJ run +1 Bark Bala Borauml) I J. L40 IM MJ IOJ 0.4 1 il Pg «M +M MM »M +8J MM +1J MM +*t (nnk Vfh mm *1 -14 Pokkar (kmmi S3 M 1M LM ♦1 CMMbroc U
      134 words
    • 68 13 FEB 77 I "n Or Bra Umb MM rOKWABO MAIXIT Acec aao Artwd MM M 10 Patro gJDuUh 8oc Oca B«l( Al< in M unch 10 Brtactn Canmc SeTi. De Start UK M MB 4- •JO s s lofta* 7! JolT*jr A W Mont RMq MAS] MM rrM mm
      68 words
    • 82 13 nailngl Bel Central* Ord OHd Acquk Rom IrMinlf imji -in mm *m l-MO 411 Ut unch OTO +100 F*t Ord Oamrmli am +J0H m Ola UM unch in mo lot Invest iuirammu Ord IU%M Lipatlt Ord MtdMnnct JIB +1 moo 4«n no ■not +ioo ■MO II Hi 1 no
      82 words
    • 65 13 FTB r 1 Alfa Lam b Fim Cro M nor i -10 Aim B tat m see •1 -a 0 Aatrm B Praa AUaa Copco la MMI B*i 128 M M -i Ul 1 itch BBBBBBBB V VlW b>b rret S. t. Baakm VI 8k 8k Vo nana rm
      65 words
    • 495 13 Reuter GULF Corp has started circulating confidential data about its operations to potential acquirers, said Wall Street sources, who feel that this could be the first step in the largest acquisition in corporate history. Last Friday, Gulf announced that its board had directed management
      Reuter  -  495 words
    • 299 13 HONGKONG STOCK prices were generally higher yesterday after falling significantly on Monday, but volume remained small due to cautiousnew ahead of today's government budget speech, brokers said. The budget may have proposals for tax rises likely to harm companies, they added. The Hang Seng Index finished 18.71
      299 words
    • 325 13 SHARE prices firmed yesterday in quiet trading on Australian stock markets with gold stocks featuring, following the rise in the bullion price, dealers said. Brokers said higher domestic interest rates distracted investors who had been expected to enter the market after Wall Street's strong rise on
      325 words
    • 368 13 LATE PROFIT-TAKING yesterday reduced earlier gains and the market closed marginally higher In moderate trading, dealers said. The market average rose 2.30 to close at 10,073.78 after gaining 25.43 on Monday. Trading volume was 280 winiuw shares against 300 million on Monday. Energy shares rose widely after
      368 words
    • 137 13 SHARE prices yesterday closed generally steady in cautious, quiet trading at the Securities Exchange of Thailand. The Book Club Index rose 0.04 point to 118.96 on a turnover of 399,155 shares. rxB a Baku Aokham Thai Aala flbrt war— ■»««*"> Bank Si uncb Bank Of Arudhajra LM 1« unch
      137 words
    • 83 13 SHARE prices yesterday closed mixed in continued dull trading FEB a Pnot Aral* If Inlna L .I, yIfgB wmtk oat +u BHiitir OofcJ >001 uneh Bute Petroleum MM -MM Bvnffuvt Con B IS unch CDCT> mt Phil HWt« Ut -AOS LOO -008 LMUIS B. Mirtnduqu* Mm -OJMB Ul uneh
      83 words
    • 233 13 rn a cr AU Sinew* Indua 1 A*U lit r l.m -*a LB -U Cona a V IB -1 LB -1 I N Chan Loong Z LB -U Chla Ham Cnni LB -1J China China Da* a Baet Win r B -0.7 LB -U I.B -U China China China
      233 words
    • 894 13 NYT WITH THE majority of quarterly profit reports in, roost major US corporations reported higher earnings for the fourth quarter of 1963 compared with the corresponding period a year earlier, thanks to the economy's strong climb from the deep recession that ended in
      NYT  -  894 words
    • 297 13 Reuter NISSAN Motor Co Ltd will report parent company current profit of about HO button yen in the year ending next March fl, down SO per cent from the earlier estimated 150 faflMon and 22 per cent from 154.35 button a year earlier, a company spokesman
      Reuter  -  297 words
  • Page 13 Advertisements
    • 164 13 the f i f» 1 *■> presents HalilCiks The Downtown Re-live the good times with Halil Cik's rendition of evergreens by Torn Jones, Elvis Presley and Engelbert Humperdink. Mellow, moving his is a voice that'll win you over. Backed by the talented artistes of The Downtovm, he appears nightly (except
      164 words
    • 53 13 oJ ej a EJ "a TiiciifDitiirDltiipiQjnicLinlcJniQJrJlQJrJlciJralQJnlQJ^ldra Savour the Best Chinese Cuisine and Live Seafood at our Paradise t Zl iv Cn E, EI J gu GJ raj rzii a LK KV GARDEN i *P Restaurant Wti 9 L* fcl 101 Thomson Road, 81-55 Goldhill Square, Singapore 1130 [3 g] Tel:
      53 words

  • 2961 14 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday vlth the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after
    2,961 words
  • 3385 14 IM Hick M« Low CMHV Loot Sale ■feeOr*s DW Dhr CNr fir's ru Net P/B Vol COOO) Day ■Igk Low 8RCTION ONE INDUSTRIAL A COMMERCIAL in 310 364 ao 3M 410 iao 430 SB ra 044* BO SB 710 SB 4B 410 no ra 906 1410 310
    3,385 words
  • 169 14 Ml IMfM B»priC HhrFMtt ■MOAPMtt UNIT no The Commerce 3 The Savings Fund US S'pore Prog Fund LSI S'pore Sec. Fund 2.9 S'pore Invest Fund LB S'pore Equity Fund l.« tfUDMRlUR Mnl Invent Fund LB Mnl Prof Fund 1« Mnl Security Fund l.M Mnl Berjnyn Fund LSI Mnl
    169 words
  • 2262 14 BID and offer price* officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with tbe number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. IMDnRUU i|MMH (3 988 4 OOS) Ateam (MS) (J) MB Ml (1)
    2,262 words
  • 335 14 H2NOBDN3 the straag ahow* IjMt feiMMiMflr k HTMttok MrtoT ytm£t riSsSir orloo of the previous AtßtMlofllo tqr, the Straits Tlmoo Iblmlilil kin loot US potato to ijmM Mitho sad iuTiS Was: I» KM mMbb Mtftoasaptat to MBstor say follownaii/kiiiSnß ktanß T»tMu- «ho at u» trial
    335 words
  • 506 14 SHARE prices on the Kuala Lumpur stock market finished broadly easier yesterday and turnover Ml. The market opened generally higher aad prices remained steady hi the first hour of trading. But after the tea break shares began to drift downwarda on profit-taking. Afternoon trading
    506 words

  • COMPANY NEWS
    • 291 15 KEMAYAN Oil Palm Sdn Bhd has turned in poorer results for the first six months ended Nov 30, 1963, with group pre-tax profits falling 18 per cent to Ms 2 mlTHnn Turnover, however, decUned a lower nine per cent to $1.23 million, with contribution from palm
      291 words
    • 116 15 Reuter JENKS A Cattell PLC has acquired a 14.8 per cent stake in Mandarin Resources dorp of Hongkong for about £700,000, equal to 20 million shares in the Hongkong company at a price of 40 HK cents per share. The new shares acquired by Jenks are
      Reuter  -  116 words
    • 222 15 BELL Resources Ltd has closed its tender offer for 16 million shares in Broken Hill Pty Co Ltd (BHP) and will receive no further acceptances. Bell will issue a prospectus setting out full financial details to all BHP shareholders who had accepted last week's
      222 words
    • 380 15 PerM i Date UM Net EPS itFUl Yeu Grass r Net MBS SB8 Fiber Merlin Shangri-La F I Itttyeu3/2 4/2 8/2 8/2 10/2 <«■*> 23.4 10.4 41 18.9(a) Div. <%> 20.0 14.0 54(a) 18.0(a) Preflt <rm) 19,081 4.952 7,986 ***** 1.067L VanDer Herat Fed Cables Kuala SUttm Sel
      380 words
    • 939 15  -  Market Talk... By RAMESH CHANDIRAMANI HAVING done an in-depth analysis of the present position of Keppel Shipyard Ltd, Hongkong stockbroking Ann, Sun Hung Kai (Pte) Ltd believes that 1984 would be a year of major restructuring within the enlarged Keppel group. "Keppel will continue its diversification plans
      939 words
    • 623 15 THE (our London clearing banks, reporting 1983 results next week, are expected to produce aggregate pre-tax profits of some £1.7 billion, up £200 million from the previous year, in spite of a further rise in bad debt provisions. Analysts put overall 1985
      623 words
    • 312 15 Reuter THE Philippine National Bank (PNB) has started foreclosure proceeding» against Delta Motor Corp, assemblers of Toyota cars, for its failure to pay 1.6 billion pesos in debts, a Delta spokesman said. The hank filed a foreclosure petition last week concerning Delta and a subsidiary,
      Reuter  -  312 words
    • 58 15 OVERSEAS Ualea Securities Limited: AGM to be held at the Mandarin Court 'A', Mandarin Hotel, Orchard Road, Singapore on April 27 at 11 am. THE 1—warn Cerperattoa «f ffln»pff Limited: Fourteenth AGM to be held at the DBS Board Room, 46th Storey, Tower Block, DBS Building, 6 Shenton
      58 words
  • Page 15 Advertisements
    • 149 15 A KOREA EXCHANGE BANK Singapore Branch U5520,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE AUGUST 31,1964 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the Interest Period from February 29,1984 to August 31,1984 the Certificates will carry an Interest Rate
      149 words
    • 386 15 NOTICE mmmfw* COMPANIES ACT CAP. 1M NOTICE 18 HEREBY GIVEN In pursuance to Section 272(1) of the Companies Act Cap. 186 that a final meeting of the abovenamed company will be held at AfroAsia Building, 63 Robinson Road #06-02 Singapore 0106 on 30 March 1964 at 9Joam for the purpose
      386 words

  • Chief Price Chances
    • 162 16 Rises Indices 8 T P 197ft 1000 90 M Brvwariaa 700 18 Feb 27 Feb 28 D C luk ftOt 090 aao 10 BT Composite: 960.32 949.13 BT Indicator: «arw» iwwm so* 138 +7 ST Industrials: 1028.84 *****8 J C MPH m +8 ST Finance: 2892.27 2887.08 <1 C
      162 words
    • Article, Illustration
      145 16 Rises Indices A Hitam Rubber tThmrtg 2400 1960 +200 +50 Feb 27 Feb 28 D Keramat 930 +40 MBT Indicator: *****42 50(7436 J M—|M 1070 +30 NST Industrials: 1516.44 1499.98 1500 4tt +30 NST Finance: 2915.80 2671.03 RM +20 NST Hotels: 669.65 669.65 Falls NST Properties: 967.63 966.16
      145 words
    • 50 16 HJLHANG 8KNG Tuesday 1041.56 Monday 103&85 Week Ago 1008.91 AUSTRALIAN INDUSTRIALS Tuesday 061.8 Monday otoj Week Ago 982.9 ALL ORDINARIE8 Tuesday 747.7 Monday 7454 Week Ago 744.7 FINANCIAL TIMES INDUSTRIALS Monday 819.1 Friday 815.8 Week Ago 812.5 DOW JONES AVERAGE INDUSTRIALS Monday 1179.06 Friday 1186.10 Week Ago closed
      50 words
  • 912 16 SHARE price* opened quietly higher yesterday in response to Wall Street's overflight strength, but then slwweid signs of moving off best levels, dealers said. Golds and oils went higher following a further escalation in the Iraq-Iran conflict Among oils, BritoO Armed 9p to 241 after 250, BP was
    912 words
  • 397 16 AMCOL Electrical Industries, which came under the control of its managing director Kang Hwi Wah after a reverse takeover last year, has turned in better than expected results for the 12 months to Dec m, 1963. Group pre-tax profits Including contributions from the two recently-acquired
    397 words
  • 112 16 PEGI Malaysia Bhd has received the approval of the FIC and shareholders for its acquisition of Swee Lam Estates (Malaya) Sdn Bhd. Pegi adds the acquisition is still subject to approval from the CIC. Pegi has proposed to acquire Just over 13 million $1 shares in Swee
    112 words
  • 239 16 INDUOTUAL Oxygen laewBhd (MM), which yesterday rejected greep pretax preflts «f $IJ3 milHen for the six nuathe ended Dee $1, lttS, appears te have fallen start ef Its teveenet at the half-way la a circular te shareholders last mentfc, 101 had
    239 words
  • 563 16  -  aiaiiii Companies Editor: ALAN LEE By NAJEEB JARHOM SEMBAWANG Shipyard Ltd, the first listed shiprepairing company to release 1983 results, has managed only $2.84 million in group pre-tax profits, its worst since the sixties. However, the 96JS per cent plunge from 1982 earnings of $63.41
    563 words
  • 622 16  -  By CHAM OI CHEE CHAN Ho Engineering's offer of four million new shares at $1.50 each is now open (or application and will close on March 14 at noon. Of the four million shares to be issued by the mechanical engineering
    622 words
  • 225 16 Call to accept Monsia offer MINORITY shareholders of Sealion Hotels Ltd have been advised by their independent directors to accept the cash offer of >4.08 per share made by Monsia Investment Pte Ltd. In "firing the recommendation, the (our independent directors of the hotel-owning company have taken into
    225 words
  • 165 16 THE Malaysian Foreign Investment Committee has approved TDM Bhd's proposed acquisitions of stakes in Klang Jaya Bharu Development Bhd and ID Leasing Sdn Bhd ss weD as disposal of its Interest in Palm Oil Products (M) Bhd (POPM). TDM had proposed to buy LBB
    165 words
  • Page 16 Advertisements
    • 107 16 Did You See r Performa's 1983 Rrforma NEW Training Films 1983 1983 1983 1983 1983 1983 1983 1983 THE ONE MIfIUTE MANAGER (CBS-FOX) THE NEW WHO KILLED THE SALE? (RANK) THE UNORGANISED MANAGER PARTS I II (VIDEO ARTS) MAKING YOUR CASE Presentations (VIDEO ARTS) BUSINESS LETTER BUSINESS (VIDEO ARTS) THE
      107 words
    • 186 16 +J r u I m Pr d Yi i: t r» -'I i Impurities, dust and germs in the air cause bleary eyes and create a general feeling of drowsiness and lethargy. When such a feeling pervades your conference, the ideas presented are likely to be just as bad as
      186 words
  • Page 16 Miscellaneous
    • 58 16 v_ OUTLOOK tor today: Showers in late morning and afternoon. Bepart for U bmn prter to 1 M pm m Fefc 28 ml the airpirt: Maximum temperature 31.1 Associated humidity so Minimum temperature 24.0 Associated humidity 93 Hours of sunshine 9.80 Rainfall In millimetres NU Total rainfall for the month
      58 words

  • SHIPPING TIMES
    • 188 17 AFP MEMBER countries of the Association of South-east Asian Nations (Asean) should revive the concept of establishing a regional institute for maritime research and development, according to Datuk James Ongkili, minister in the Malaysian Prime Minister's Department. Speaking at the threeweek workshop-cum-semi-nar
      AFP  -  188 words
    • 482 17  -  By LINDA CHEE FAR EAST-Levingston Shipbuilding (FELS) has started work on a new $25 million crane barge which will keep its yard busy until the end of this year. The 1,200-ton capacity FELS-designed barge will be used for future work at its own
      482 words
    • PORTSIDES
      • 188 17 UPI PHILIPPINE Coast Guard ships steamed toward an uninhabited coral isle south of Manila yesterday to rescue 34 people, including 16 Americans, stranded after their ship ran aground. Coast Guard Cmdr Felix Carbonnel said the 18 Filipinos and 16 Americans had sought shelter at an unmanned light
        UPI  -  188 words
    • 786 17 Feed* Vessel BmaMef Shipping Use Page C*l SUppiag LIm PMe CM Ales VI a Feaco vn 4/5 Ahrenkiel Liner vn s Franco- Belg m 4/5 J Alpac VI s Frata Shpg VI Antara Shpg X 4 Freight 1M» vn 1 ARC Line V 4 Freight ManageAPL m
      786 words
    • 657 18 AFP THE LARGER types of bulk-carrier dominated fixing last week in an otherwise quiet freight market, with reports of higher rates being paid for iron ore cargoes in some unconfirmed cases. The grain market was effectively stilled by the holiday in the United States on Monday for Washington's
      AFP  -  657 words
    • 1658 18 INCREASED coal and ore chartering featured the freight market on Monday, together with fairly lively time-charter business, shipbrokers said. Two coal cargoes were covered from Hampton Roads to Japan at an unchanged US$l3 but one vessel for similar business received $12.50. Coal from Philadelphia to Pakistan paid $24.50
      1,658 words
    • 159 18 Reuter BRITISH Petroleum PLC cancelled its order with state-owned British Shipbuilders Scott Lithgow yard for a £60 million oil rig, a BP spokeswoman said. "The rig is one year late and vastly over budget," she said. The rig was due for delivery on Feb
      Reuter  -  159 words
    • 549 18 A VICTORIAN government inquiry, following a technical and economic study into the future of ship repairing in the Port of Melbourne has concluded that a new 27,000-tonne capacity floating dock in a specially developed site is a necessary and viable proposition. The
      549 words
    • 215 18 AFP NEARLY 3,000 ships entered and left Hongkong, moving more than 17 million tons of cargo in and out of the port, during the third quarter of last year, Hongkong government statistics showed. In last July-September, 2,821 ships with a total capacity of 17,388,000 nrt arrived
      AFP  -  215 words
    • 190 19 THE MAJOR shipping consortia operating between the Far East/Europe, Far East /Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAB EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANBO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container
      190 words
    • 300 19 Lloyd's List PROTECTIONIST pressures in the common market are hitting the UK-flag share on key shipping routes. Exports of dry bulk cargo have been most markedly affected by importers' growing preference for their own national carriers. Reflecting the trend, British-flag shipping
      Lloyd's List  -  300 words
    • 182 19 Seatrade Week SIX banks has issued a writ in Hongkong against the Lim Brothers, owners of Lim Brothers (Holdings) Ltd which in turn controls the ill-fated Uniworld Shipping and Asia Africa Shipping Company The plaintiff banks are led by Paribas Asia Ltd and included
      Seatrade Week  -  182 words
    • 313 19 UPI THE Norwegian diving support vessel, Tender Carrier, with 25 divers and a one-man submarine aboard, left Singapore on Monday to investigate the mysterious sinking of the American drill ship Glomar Java Sea, shipping officials said. The officials, who asked not to
      UPI  -  313 words
    • 305 19 THE rigid West German rates structure for cargo tranported to and from German ports via rail, road and inland waterways, has again been criticised. A newly-published paper by the Studien Gesellschaft Nahverkehr, a study group on short distant traffic, concludes that the ports of Hamburg,
      305 words
    • 103 19 DIRECTORS and officials of the United Arab Gulf Shipping Company will begin a meeting in Manama to discuss increasing reports of frauds and custody of ships owned by same companies which were facing financial crises. Meanwhile secretary general of the Association of Arab Gulf Chambers of
      103 words
    • 5082 24 SCHEDULE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port
      5,082 words
    • 716 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Ship Arrival for LCL Movement Voy Date/Time Operator Cargo Schedule Locati Monte Ruby 14A 29.2.84 2300 MOSK FSB 0900-1100 L7 Shokawa Maru 19/363 1.3.84 0100 Kawasaki FSB 1200-1300 P5 Anro Asia 99/707 1.3.84 0700 Mansfield TA3 0900-1100/1700-1900 0600-0900/1800-1900
      716 words
    • 1577 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S). 4lr»-EifMl» Um Transgroup (S). AlmkM Umt SrrvW Kim Shpg (S). AIM C Taepfer Sea Consortium (S)' Marintex Enterprise (PK). Alpae In true a (S) Bintang Shpg (KL)' Island Cargo
      1,577 words
    • 408 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Golden Eagle Ned Bangkok Palmstar Virgo Sonbal Waheng Barber Nara Barber Tonsberg Cherry Bagus Kota Waruna Lampung Magic Sky Sonderhausen Straits Star PASIR PAN JANG 23/4 44 19 31/2 29/30 46/7 46/7 28 13/4 45A 8/9 44
      408 words
  • Page 17 Advertisements
    • 633 17 Published and Distributed bv FEDERAL PUBLICATIONS Jurong Port Road, Singapore 2261 A member of The Times Organisation LONDON Freights WEEKLY Freights CONSORTIA SHIPPING Schedule CONTAINER Schedules WHO Acts for Whom SHIPS In Port REGIONAL Weather I R L>l I \M All SEALORD FULLY CONTAINERISED SERVICE ~s ro FURORE VIA SUEZ
      633 words
    • 880 17 TIMES iiusiiK'ss l)irr< ior> of Sinj4„»|><>nj: (BUKU MKRAH) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE MAERSK LINE EXPORT FULL CONTAINER SERVICES M. U M M UNDO M. RANDO M. RANDO 22-22/3 23-24/3 29-29/3 30-31/3 5-5/4 6-7/4 883C5551K81 EM EE! KZQI KZLI ■ZM ETIM ElrTe ■five EhTl enTe LfXA MAERSK
      880 words

  • Page 18 Advertisements
    • 453 18 VIWI mil, FAR EAST/EUROPE CONTAINER SERVICE To Eurooe. From Europe VtSNt j S'pore 111—ii*n) 2) Rdam I 3) Kbtirf I 4) Gburi 6/3 21/3 M. MHON 13/3 28/3 KORRIGAN 20/3 4/4 n delft 27/3 11/4 SaANDU 3/4 11/4 N. OEJNA 10/4 25/4 B. SURIA 17/4 2/5 27/3 29/3 3/4 5/4
      453 words
    • 404 18 Y.S. LINE YAMABHITA-SHINNIHON LINE COMTAIMER SERVICES USA/CANADA MIDDLE EAST rnr Km" Pacific South WMt Pacific North Woat rtfOfr 81 I oicyo rMQir II fvOO# Atlantic/Canada Faadar at Kobo M kin 4/ V M/ 3 22/3 «1 VS. LA/ll OM JUHU H 25/3 21/3 Ateo occopttnq LCL Cargo for USA Porto
      404 words

  • Page 19 Advertisements
    • 390 19 KKWK The Straits fggjjg Steamship Group Overseas I II I Containers Limited S STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok CONTAINERSHIP SERVICE 10 UK CONTINENT ALSO ACCEPTING CARGO FOR: CONT AINERSHIP SERVICE FROM UK CONTINENT -,o.,an ia and Fa cargo to Hong Kong •Accepting cargo tor Baghdad
      390 words
    • 541 19 Franco B<>/(//cin Services r!r> h .1 r .< >. I I rrtuh >«t */<«' With i.i 11 I .1 r f .1 rrn I //!<■- J% raws world m KOREAN MOM cioun ru ORBITAL CMF STOK P. KEUIIK L* Hawe Adam F'StMR Ha* Bltww Art 2 Mar lII* 21 Mar
      541 words

  • Page 20 Advertisements
    • 619 20 n M 2 TO CONTINfNT UK Hapag-Lloyd EXPORTS S pore P Kelang Pen Bilbao LeuoesGenoa H bufj Rdam Shaven Antwerp Connecting m Tokyo < Connecting m Kobe "AKo accepting cargo foe ATLANTIC GULF PORTS vkj mmriondbndge, ond US MID-WEST by rmcrobndge" IN ONTINI NT UK CW(jn Bay Mai* Eiprau 31/1
      619 words
    • 484 20 JtC.&.LINE t»»{* S*i*n*c LOtma* no* FULLY CONTAINERISED SERVICE TO FUROPf Vl* Sl*/ J Mfmbft of thf*teCorso»(iun, F ROM FUROPf VIA Sift/ > Memof. o> the Act Comortium I IK* S'|Mrt| H Roof »M*l htum My* ORSMTM. CHEF 371 29/2 1/3 5/3 6/3 8/3 13/3 7/3 S/3 11/3 12/3 IS/3 20/3
      484 words
    • 462 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG FCI i La CARGO FOR nu. MG PlI ROM MM LHV IMTGMI 5/03 t/03 27/13 21/13 31/13 1/M 3/11 tr« Gnrit IS/13 IC/03 5/04 7/M M/ 04 10/04 12/ M ?7/M 17/*4 19/04 21/ M 22/04 24/04 also acceptmg ia/Fa t fcl/fcl ra
      462 words
    • 882 20 Everett Lines THOMASEnRETT rar 15/20 May 21/23 May "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE )LOADtNG FOR HONGKONG. ANO JAPAN PORTS 1/9 Mar 20/22 Mar 4/6 Apr 19/21 Apr 5/7 Mm 21/23 May Pan* P. Kalani S^pn HUOC*RETT 5/7 Mar I/O Mar MAWLOEIOETT 15/10 Mar 20/22 Mv JOMWERETT 30/3 *r
      882 words
    • 235 20 US I NOSE MARITIME PTE LTD tig] GOOOFHDD.. •r «Essa..._. PORT ULANG PENANG ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES SMOSC MMBTM PTE LTD TEL *****44/7 1 *****70 MALOSE MAfHTHK SON BHD T* *****2/3 MALAYSIA TRACE t TRANSPORT LTD TO: ***** t ***** KYOWA LINE TO PAPUA NEW GUINEA/
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  • Page 21 Advertisements
    • 867 21 PIL GROUP VESSEL VOYAGE SINGAPORE LOADING FOR: KOTA WMAWAN E-457 10-21/3 HOOEDAH, JEOO> KOTA CANTO E-4SI 15-19/3 HOOEDAH, JEOOJ KOTA PET AM E-4M 20-25/3 TAMATAVE. MOPt KOTA MEOAH E-40S 5-10/4 HOOEDAH, JEDO J KOTA WUAYA E-453 15-10/4 HOOEIOAH, JEOOi KOTA MEW AH E-407 10-22/4 HOOEDAH, JEOOi ACCEPTING CONTAINERS TO HOOEDAH/AQABA/rr.SUOAN/MOOADISCD
      867 words
    • 369 21 BENLINE CONTAINERS 1 BENBULK 1 BULK SERVICE FOR TIMBER AND PLYWOOD S'pore IKANSOCEAN PROCESS 8870 15/17 MM KkJJEBSEN LINE K. NEW ZEALAND SINGAPORE PORT KE L flNf, lIIMPUP Pf NANIi BIN i INE BENDfRA BENDER A t AKSAMANA TEI ?'3" 44 IE 1 386b? 1 lEI 55??bS TEL ***** k
      369 words
    • 512 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE EkA JAVA AGENCIES APC LINE \M.hi t\\ ri:iMwiinvc < <>\T K I.l\i; WEEKLY FULL CONTAINER SERVICE BETWEEN SINGAPORE/JAKARTA VESSEL VOY SMGAPORE JAKARTA TAMBANG M 7215/7216 SaM hi Part •TAKAMI 2221/2222 1-1/3 3-5/3 TAMBANG« 7217/7211 M/ 3 (4/3 TAKAM I 2223/2224 M/ 3 10-12/3 TAMBANG VI
      512 words
    • 489 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION Loading for Rangoon S'pora P.Kotong Ponon MTOHEYWA 3/5 Mor LASHKD 6/8 Mor HTANTAWYWA V 147 8/11 Mor PA-AN 11/13 Mor 1/91 PAGAN V 72 25/28 Mor EXPRESS SERVICE TO UK/CONT SPORE R'DAM HULL HM9G FORTHBANK 3 Apr 27 Apr 3 May 29
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  • Page 22 Advertisements
    • 908 22 K LINE KAWASAKI KISEN KAISHA, LTD. PACIFIC COAST feeder «sa ORCTTAL CWF W37C MONTE RMY *14 ASM STAB *21 M Mar 21 Mar 23 Mar NIMH AISO ACCEPTW6 TO BS PAOFK, GULF, ATLANTIC. UST CANADA. BUNDS POWTS. ATVAMTBT rniCT KM PRE STOK MOTtO KSSEI MONTI NT *14 1 Mr 2
      908 words
    • 228 22 —CHAR CHING MARINE CO LTD i; rj j k«ii USA WESTCOAST FULLY CONTAINERISED SERVICE RED SEA FULL CONTAINER SERVICE STORE LOMNNG FOR Char CMnf VI7C 21 Mar ItodaMah, ktfdah, Aqaba Char Hwa VO6C 21 Apr Hodmiah, kddah, Aqaba Char Mrk VOfC 26 Apr Hodaidah, MM, Aqaba (Ah* accaptinf to Ba|hdad,
      228 words
    • 692 22 CALIFORNIA/PACIFIC NORTH WEST SHVKE EXPRESS CONTAINER/REEFER/BBULK SERVICE Im*| tar: IDS ANGELES SM FMNCBCO. SEATTLE. T ACCOM, VANCOUVER AC *ct«p#«| FCL/FCL cm mm IVAMFTT ItMm* W/EMfcr uXT" AUSTRALIA EXPRESS CONTAINER SERVICE Atciplta| Pa/fa CmHtmn *Alh Kctptni km PK<tan( tat taKfc/M4/ly« PMhi* !'pn M* Sr* Mm icapto 1/9 Mv 23 Mv 21
      692 words
    • 514 22 rri l TO KORINS MARITIME SERVICES 1 14 Anaon Ro*d, »1 0-01 Tunn Building, Singapore 0207 T«l *****22 A *****67 P K»l«ng T#l *****1 /8 REO SEA/PERSIAN GUIF/ME OlTf H«AM AN SERVICES S'pare Lm*h Far GUNONG MAS SM Bandar flttii/BsBM SmUt* OH WEST N0.7 V-29 In Part late Abbas/Bandar BnfcH
      514 words
    • 326 22 INTRASEA (PTE) LTD 1(i Any ,n R m<l c] 7 If, i, u-r r Si" ip. >r»- (;<>() 7 T I 1' t <0 r L'i < o t BREAKBULK SERVICE TO EUROPE/UK r* c 4J SHEN6 TAI MARINE COIPOIATION REGULAR LINER SERVICE PORT KELAN€/SMGAPORE/PMUPPMES KAONSIHM/KEELUM EL P. KBJNG STQK
      326 words

  • Page 23 Advertisements
    • 670 23 S.NOL i NEPTUNE ORIENT LINES LTC FAR EAST/EUROPt FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): m BUDGE 19N+... X JACUM 23W C PAUL 39W 0 CHEF 3SW HK CONT/UNER 39*. SS BUDGE 45* Also accepting cargo to/from Scandinavia T* BRIDGE S'pore Closing Times: FCI Cargo LCI Cargo FROM EUROPE (VIA
      670 words
    • 353 23 HEUNG-A SHI Korean Flag Vessels OQfIAW SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK KEELUNG.BUSAN. INCHON N KM MR KE MCHON BIBM 2/3 J/3 20/3 »/J IJ/3 a/3 M/ 3 »/J 31/3 s/« a/3 1/4 11/4 Ml CONTAINERISED DIRECT SERVICE TO CHITTAGONG.CHALNA CALCUTTA SE Nf P T UNf HGfNCKS Pr! I If) Tel
      353 words
    • 416 23 SINSOV SINGAPORE SOVET SHPPMG CO PRIVATE LTD SMSOV BULOMG 55, Marfctt Street Seaport 0104 Tataphom IMn *****3 Cable Addrns SVtSOV SMGAPORE Tttex Numbers RS ***** RS ***** RS ***** *****3 (15 Urns) f. KQJW6 M/S SHARKAT RAN SOON SDN. BHD. IST AND 2NO FLOOR. NO 1. JALAN CEMPENMG. PORT KLANG.
      416 words
    • 47 23 ahrenkiel liner service gmbh r»t irb UNITED CONFIDENCE 3W/84 )OH ANN f SBURG MAPUTO URiTIUS REUNION EASTERN HARMONY 36/84 14 3 84 213 84 8.4.84 Agents: Kim Shipping Trading Pte Ltd 63 Market Street. *06-06 Tat Lee Bttg S pore 0104 Telex: RS ***** KIMTRA. Tel: *****8
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  • Page 24 Advertisements
    • 512 24 I't'«|i«>nal <'onl;iiiH'r Lines j-irrirm 2 Sailings Weekly fl.vli I) Reliable Regular Punctual Berthing PS A 1500 Hrs Tuesday Saturday REGULAR FEEDER SERVICE TO PHUKET/SONGKLA ¥0Y STOK SUA ¥0Y STOK WKT UTAH* BMW 171/172 W SM 241/242 4 Hat 7 Mar SI YGA PORE ISLANDS USE MIDDLE EAST REGULAR LINER •ALUM
      512 words

  • Page 25 Advertisements
    • 171 25 MEmimEEjm •ikkins A nwMW ITV.TTD: —mm/ mm+omAMimm with wowuwwpt co—ctio—uvtnrrm hammm FIANCES BAY VOV-32 16/ M* 17/11 Ibr 1 tar (SMCT 10 nUCHDir) FMNCBMYWMJ 23 Apr M/» Apr 4 Mir GENCRAI AGENTS THE MALAY STATES SMPPM6 CO. PTE. LTD 79 Robinson Road #26 00 CPf Budding Singapore 0106 let *****66
      171 words
    • 24 25 FREIGHT MANAGEMENT PTE LTD 10 Amon Rood, #22-14 International Plaza, Singapore 0207 Tel: *****11 (12 Unes) Telex: RS ***** FRTMAN 4JL i M ill
      24 words
    • 338 25 Nedlloyd Lines Loading lor CENTRAL AND SOUTH AMERICA I accepting containers to Carribean ports via B'town EAST COAST SOUTH AMERICA VESSEL (STOREI P. LOWS STOS P*QUA R.GRA ITDEO B.AMES NUnge 3/3 11/3 27/3 3/4 5/4 8/4 10/4 N Loire 31/3 9/4 25/4 2/5 4/5 7/ 5 9/5 N Leuve 29/4
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  • Page 26 Advertisements
    • 77 26 PANAUfjA Singapore 'V 5 Continents—l Forwarder Offering direct LCL Service to Hamburg with connection to European destinations (Germany/ Austria/Switzerland/Denmark) and vice versa. Nnt ftprivu: ETO Shppare 29/2. 7/3,17/3, 26/3 PANALPMA WORLD TRANSPORT (S) PTE LTD Tel: *****11 T*lm: RS ***** PASIN CONCORD LINES CONVENTIONAL LMER SERVICES ETA no LOADMG FOR
      77 words
    • 49 26 NG Shipping Private Ltd. Telephone; *****80,*****43. REGULAR SERVICE TO AND FROM CNTTAGONG/MADRAS (Spar* Flag) SMGtfOK POMNG CHTTTAGONG NEW GALACTIC* 1TW302 NEW GUARDIAN 15/3 ACCEPTMG 20FT CONTMO HAI FENG MARINE PTE.LTD. Tele: *****81 *****82; *****90 Specially accepting OFFSHORE materials loading tor DfItECT ZHANJANG, CHINA ETA ETD A Vessel 20/3 22/3
      49 words
    • 640 26 fa C.Y. LINE (A M«mb*r Of Th« ACE Consortium) CHO YANG SHIPPING CO. LTD fULLt COMUBIISED SOW* 10 EUNK (\M SUEZ) S'lwePlMliHvnUw Filmh H bi*| Brem Antwerp IRANSWORLDBRDGE 19N 2/1 3/3 21/3 22/J 24/3 2S/3 27/J 2»/J KOREM lACEM 2JW l/J 9/3 27/J 21/J 30/3 1/4 2/4 4/4 OCVAUER PAU
      640 words
    • 600 26 sapping (sTgaporfJ ri'-'v.'iT. NVOCC DIRECT SERVICE ETA/ETD DCSTN I« t Mar LAGOS A t Mar MIT WOP ROTTERDAM. HAMBURG EN 7 Mar LONGBEACH. OAKLAN). NEW YORK ALSO PROVMNG MLAND TRANSPORTATION ON Fa BASIS EUROPE/FAR EAST LINER SERVICE HSCHFROM 9 Mar Mambwi/Antwerp 24 Mar Hamtarf/Antwerp Car jo Beoknp »H: *****11/9. *****11
      600 words
    • 412 26 Z I M NON-CONFERENCE MKFOOCNT FULL CONTAMR SERVICE acctpfef FCL/Ld carpet to USA East I Nest Coast. Panama. Carribkean and East Cauda FttOa Mtaa Sn Ui Ist Sua Hh/Ml/ ata %c M A VESSEt ZM HONG KONG 5 Mar 31 Ma 11% 13 Apr IS Apr 17 tar A KSSEI
      412 words
  • Page 26 Miscellaneous
    • 145 26 of Regional Weather j of wa TA u V" A rm J >>; > tt a zs ■•C: <s fts* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Temperature Weather °C yA f~S Wine Wind direction with speed in knots Cloudy Sky Wave height Ssrfaee winds are indicated
      145 words