The Business Times, 23 March 1984

Total Pages: 24
1 24 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 FRIDAY, MARCH 23,1984 60 CENTS
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  • 306 1 PALM oil futures trading resumed yesterday at the Kuala Lumpur Commodities Exchange (KLCE) as officials battled to solve a web of problems threatening confidence in the market. A statement released jointly by the KLCE and the Kuala Lumpur Commodities Clearing House (KLCCH)
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  • 409 1  -  SGV-Goh Tan property dispute resolved By AMY CHEOK THE SINGAPORE future of one of Asia's major accounting groups is being thrashed out at a meeting in the Portuguese enclave of Macao. The decisions that are reached will be known in time but one thing is certain. The
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  • 411 1  -  By JEFFREY TSANG COMPANIES in Singapore are showing greater interest in the vacation training programmes of tertiary institutions here. But this has not been reflected in the allowances paid to the students. In spite of a general increase of 15 per cent in the number
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  • 480 1  -  By LEE HAN SHIH SILENTLY and insidiously, the many "convenience store" chains mushrooming in Singapore are poised to take away a large chunk of business from the supermarkets and department stores. These chains (Econ Minimart, 7Eleven, Myshop and One Plus) have already started to
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  • BRIEFLY...
    • 120 1 Reuter US PRESIDENT Reagan's electionyear visit to China next month will maintain the steady progress in Sino-American relations, but the Taiwan problem still blocks major breakthroughs. A senior US official said that Mr Reagan plans to arrive in China on April 26 for a six-day visit to
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    • 91 1 Reuter JAPAN has bought nearly 400,000 kl of jet fuel, mostly from the spot market in Singapore and other Asian countries, as "emergency imports" to ease tight supplies in the country. International Trade and Industry Ministry officials said yesterday that the ministry authorised the emergency imports
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    • 75 1 Reuter TWO CAMBODIAN guerilla factions launched a coordinated attack recently on a major Vietnamese army base and inflicted heavy casualties, the Thai Supreme Command said yesterday. Command spokesman Major General Naruedol Dejpradiyuth told a news conference in Bangkok that the attack by guerillas of the Khmer Rouge and
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    • 70 1 UPI TRADE between Singapore and Vietnam dipped by 13 per cent last year due to recession and increased political differences over Cambodia, officials said yesterday. Figures from the Singapore Department of Statistics showed that Singapore's trade with Hanoi totalled US$75 million in 1983, down $10 million from
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    • 76 1 AP AN AMERICAN space station could "open space to a limitless range of opportunities" and lead to a moon colony by the year 2010 and a thriving manned base on Mars by 2060, the chief of the US space agency said. James Beggs, administrator of the National Aeronautics
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    • 81 1 AFP THE FORMER mayor of Sabang, the free port town in the north of Aceh (Sumatra), was jailed for seven years by the local district court for embezzlement of government funds, Antara news agency reported yesterday. The court on Wednesday found Yusuf Walad, 48, guilty of having
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  • 201 1 Reuter A HIJACKER frem Hangkeag yesterday farced a British Airways Beelag 747 •a a flight to Bdfag to land la Taiwaa. A Taiwanese government statement Identified the hijacker as Llaag Weleheaag, a 28-year sld resident tf the ceteay whs carried a Heagkeng British
    Reuter  -  201 words
  • 447 1  -  By SOH TIANG KENG ITALY'S largest bank, Banc Nazionale De Lavoro (BNL), is now zeroing in on Asia after having entrenched itself in Europe and North America. The bank plans to set up a Singapore branch to serve as its headquarters for the
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  • Page 1 Advertisements
    • 229 1 The champion's choice for sheei grasp and power of play. jsSS fm V m Maruman ot Japan Feature ...page I KMDS PRODUCTIVITY audit has proved to be more popular than expected Page 2 PLANS TO buy a major egg hatchery in Singapore are to go ahead in spite of possible
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    • 58 1 mm PRO GOLF SPORTS WEAR IN THE TRADITION OF CHAMPIONS -v Unique water-repellent pants made for the golfer who doesn't quit. Wear it bold. Wear it proud. Ontrade Enterprise (S) Pte Ltd 246 MacPherson Road #04-02 Betime Building Singapore 1334. Tel: *****79 (3 lines) Telex: RS ***** LTOSIN Fax: *****11
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    • 70 1 ***** MINOLTA Hendra and his hotels Why Hendra Rahardja loves his hotels and what he has planned for them. Part II of BT's exclusive interview. Page 8 BALMAIN From $199 $269 [jgl pierre balmain ISSJ pans At Pierre Balmain Boutiques Mandarin Hotel Pavilion Intercontinental Centre point Metro Grand Lucky Plaza
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  • HOME NEWS
    • 755 2  -  By SHAHRIR ARIFF APPLIED Research Corporation (ARC) is spending more this year on its development programmes and to expand its services. This is in view of the higher profit it made last year. Dr Ng Cheng Siong, managing director of ARC, said
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    • 1091 2 SEMINARS AND COURSES March 22 A 23: How To Prepare And Use Marketing Plans, Thong Teck Building, Singapore Institute Of Management March 23: Media Planning, Rediffusion Auditorium, Rediffusion March 26 A 27: Developing Professional Selling Skills, Thong Teck Building, Singapore Institute Of Management March 26-30: Computer Project Management,
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    • 625 2  -  ASE4N TOURISNv FORUNv'B4 Singapore 18-22/Vkwch 1984 By JAIME LYE THE highly-touted third Asean Tourism Forum is finally over. But, like most such events, the real effects of the forum on tourist traffic into the region still remain to be seen. Nevertheless, the past
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    • 373 2  -  By LIM SOON NEO THE factory of Lee Wah Cane Furniture Pte Ltd, which went bust last year with debts of more than $50 million, is up for sale. A property consultant firm, Knight Frank Cheong Hock Chye A Baillieu, is trying to
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    • 621 2  -  By MONIC AGWEE THE SINGAPORE Business and Professional Women's Association has stepped up its activities this year, in line with its aim to help and i encourage women profes- sionals. The first in a series of programmes is a 10-part I
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    • 216 2  -  By PENG AILIAN SENIOR citizens interested in setting up shop will have a foretaste of business at the two-Sunday workshop entitled "Small Businesses for Senior Citizens". Organised Jointly by the Singapore Women's Association and the Department of Extramural Studies of the National University of
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    • 246 3 SOME young offenders have turned entrepreneurs after they received training during their term at the Rehabilitive Training Centre. While many have found gainful employment after their release, some have pooled their resources and worked towards becoming sub-contractors. This was revealed last night by the
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    • 122 3 BOTH President Devan Nair and Prime Minister Lee Kuan i Yew left Singapore yesteittay on separate overseas visits. Thĕ President, accompanied by Mrs Nair, left in the afternoon for a private visit to the United States. During his absence, the functions of the President wUI
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    • 494 3  -  By LOH HUI YIN HYTEX, one of Singapore's oldest manufacturers of plastic-based woven bags, is shifting part of its operations to Malacca. The shift to its subsidiary, Hypak Sdn Bhd, is to be completed by next month. Difficulty in finding workers
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    • 334 3  -  By JOHN LIM A |27 MILLION contract has been awarded by the Public Utilities Board (PUB) for the Singapore-Malaysia electricity link. The contract went to CGEE Alsthom (Cogelex), a large French company, and involves four kilometres of submarine and land cables between Iskander
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    • 523 3 THE Chartered Bank has appointed Mrs Evelya Leaag Gek N«i as manager of its wholly-owned subsidiary, (Chartered Finance Co Ltd. Mrs Leong, who has more than 13 years' working experience in banking and financial institutions, will be responsible for developing Chartered Finance's existing business and for extending
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    • 172 3 SINGAPORE will host Its first-ever gymkknnn games en horses tomorrow. It will featare disabled riders of all ages. The games, to be held at the Singapore Polo Clib on Moaat Pleasaat Road, will start at Sam. lie gymkhana Is belag orgaaised by the Riding for the
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    • 391 3  -  By BOEY KIT YIN PLANS TO buy a major egg hatchery in Singapore are to go ahead in spite of possible government action against the industry. A group of businessmen are forming a company in order to buy the hatchery, owned by
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    • 241 3 SINTAT Rent-a-Car International, one of the largest car rental companies in Singapore, has landed itself in Johore Baru. Bahaudin and Rahman Holdings, a Johore-based company, has been appointed Sintat's latest licensee in the Malaysian state. Sintat's latest operation has a fleet of 10 cars.
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    • 141 3 THE local construction sector will play host to a Scandinavian delegation next week. The 20-member team from Norway and Sweden will be examining the development of construction works on land-scarce Singapore. During their five-day stay here, starting on Sunday, the members will visit the Public Works Department,
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  • Page 2 Advertisements
    • 518 2 Singapore Institute of Architects Building Centre CONFERENCE 28 29 March 1984 Conference Halls 1 2, World Trade Centre South East Asia's building Industry what are the development plans for the future? Building Construction In the "80's How do we modernise to meet the challenges? Find the answers to these questions
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    • 91 2 One out of every three engineers ends up in management. But the transition is often difficult and painful. Not because engineers don't have what it takes. In fact, their engineering background is excellent preparation for management. But they have to be specifically educated in management skills. In the March Book
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  • BANKING AND FINANCE
    • 359 4 Reuter A HOUSE banking subcommittee has approved legislation to expand the number of directors on Federal Reserve banks and to make a term of the Fed chairman more in line with that of a President. The group approved two bills to modernise Fed operations.
      Reuter  -  359 words
    • 82 4 Reuter THE AUSTRALIAN Labour Party's parliamentary Caucus Economic Committee gave broad approval to the issue of more foreign exchange dealing licences by Australia, political sources in Canberra said. The committee was reacting to the Martin report on the Australian financial system, which urged further deregulation in a
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    • 222 4 Reuter MOBIL Corp said in a filing with the US Securities and Exchange Commission it borrowed US$2.7 billion under separate agreements with nine banks to help it carry out its proposed acquisition of Superior Oil. Mobil did not dislose in the filing the names
      Reuter  -  222 words
    • 290 4 Reuter THE PRICES of US government securities, which have been heavily depressed by a perception of tightening monetary conditions, may soon be ready for an upward correction, some economists say. Although bond prices could initially fall still further, market prospects could
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    • 253 4 Reuter THE TAX chaagee proposed loot week by tke government will have a serious, bat not severe, advene effect on the financial position of banks, Bank of England Governor Robin Lelgh-Pem-berton told a parliamentary committee. A Bank of England stndy of the "wont case"
      Reuter  -  253 words
    • 79 4 Reuter THE THAI Farmers Bank will latradace Thailand's first bask certificates if depssit (CD) fsr sale to tndlvidaal investors sa Msaday. Bank chairman Baaeha Lamsam said depaaits mast be at least baht. The baak will lane absat tws biiiisa bakt wsrth sf CD's la the first year.
      Reuter  -  79 words
    • 451 4 TRADING was reasonably active on the local foreign exchange market yesterday. Against the local currency, the US dollar opened at 552.0910/20. Trading during the day took it to a low of 552.0515. The greenback closed at 552.0920, weaker than Wednesday's closing. blertuk farwaN Mm mi I pa: One
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    • 23 4 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.083 per cent.
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    • 202 4 The dollar yesterday closed unchanged at 226.05 yen from the 226.00/10 New York finish on Wednesday with operators pausing to seek indications of the future direction of US interest rates. One US bank dealer said market activity was slow, but dealers were very nervous about interest rate trends. The
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    • 358 4 GOLD futures prices in Singapore yesterday weakened slightly in late trading following the metal's softness overseas but closed little changed compared with New York's levels. Trading remained very quiet due to lack of interest with total sales for the day recorded at five lots. Prompt closed little changed at
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    • 34 4 New York 9.58B 9 MB 9.63S 9 65S Zurich 9.57B 9.5TB 9.62S 9S2S Singapore rnn 9.50B WOT 9.538 9.56S 9.58S Dosing price* in US dollar* a troy ounc Source: Credit Suisse, S'pore.
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    • 66 4 THE US dollar closed steady yesterday in active but featureless trading. Technical considerations dominated the market and increased cross-position business was also noted. Banknote rates yesterday: (HK per 1): US 7.78/7.80 UK 11.02/11.22 Brunei 3.70/3.72 West Germany 2.95/2.97 Malaysia 3.38/3.40 Philippines 0.45/0.#) Singapore 3.71/3.73 (HK per 10): Burma 1.50/2.50
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    • 81 4 THE dollar opened slightly lower yesterday in quiet trading, reflecting nervousness over US figures due yesterday for durable goods orders and M-l money supply. Dealers said the prospect of higher US interest rates was helping to underpin the dollar. Opening quotes yesterday: US —1.4308/18 Can 1.8235/58 Cross 1.2740/45 D
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    • 194 4 ASIAN ASIAN currency deposit interbank rates as at 5 pm on March 22: US Dollar* Offer Bid 7 days 10 15/16 10 13/16 1 month 109/16 10 7/16 2 months 1011/16 10 9/16 3 months 1013/16 1011/16 0 months 11 1/16 10 15/16 9 months 115/16 11 3/16 12 months
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    • 6 4 Iim'i'ilSIl: Source: National Discount Co
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  • RAW MATERIALS
    • 88 4 SOYBEAN FUTURES in Chicago on Wednesday closed as much as four US-cents a bushel lower, with September ending IV2 cents higher after closing out of line on Tuesday. Prices finished near the bottom of a 13-cent range. Soyoil futures maintained gains in most contracts, closing as much as 0.30
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    • 71 4 WHEAT FUTURES in Chicago on Wednesday closed 3 3 to > 4 US-cents a bushel higher, near the top of the day's 6V* cent range. Prices generally followed the trend in the soycomplex and corn, with strength in soyoil the main supportive factor. Corn futures closed l'/t to one
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    • 241 4 THE RUBBER market in Singapore yesterday closed slightly higher with April One RSS buyers quoted at 230.50 cents a kilo, up half a cent from Wednesday's close. Prices fluctuated narrowly in the morning, easing initially on some selling and then recovering on light buying of Forwards notably July/September 1984.
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    • 268 4 RAS prices in cents per kilo yesterday: Close Noon (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt t.o.b. 227.25 228.25N 228.75 229.75N Int. 1 R.S.S. April 229.00 229.50 230JO 231.00 Int. 1 R.S.S. May 232.50 233.50 234.00 235.00 Int. 2 R.S.S. 224.50 226.50N 226
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    • 30 4 Rubber. March 22 Singapore: April 230.50 cents (up half cent) Malaysia: April 255.50 cents (down half cent) Tin: M 929.15 per kilo (unchanged) 101 tonnes (down 67 tonnes)
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    • 125 4 NOON SSR *i id SMR price* ywUrdny HAS April May (Current Mth) (Forward Mtk) Buyer* Seller* Buyer* Seller* SSR 20 11 ton pallet) ***** 2I7.00N ***** 219 OON SSR SO (1 ton pallet 1 ***** 215.00N ***** 217 OON MRELB April May SMR CV (1 ton pallet
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    • 77 4 THE Straits tin price in Penang yesterday was unchanged at the ITA floor level of M 129.15. Dealers noted the price has stayed at this level since March I amid continuing shortage of demand dne to higher prices than in London. The buffer stock manager was again the
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    • 630 4 COFFEE: Robusta coffee futures yesterday held pared gains at midday of £12 to £5 a tonne, with May ending the morning £11 ahead at £1,986 against a high of £1,989. The market held in a £6 range after trade and commission house buying, based on weaker sterling, constructive
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    • 319 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.05, 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
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    • 137 4 MALAYSIAN crude palm oil prices yesterday eased amid uncertain price movements in the palm oil futures market which resumed trading. Sentiment was also depressed by the absence of Pakistan from the market for expected fresh tenders. In the March position, central and north fell Ms9s and Ms7o respectively,
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    • 159 4 CHINESE Prodsce Exchange, Singapore, noon closing pried per lMkg yesterday. Coconut oil: Bulk fob $200.00 sellers, old drum (in second hand drum) fob $213.00 sellers, new drum fob $217.00 sellers. Copra: Mixed (loose) 1115 buyers. Pepper: Muntok white pepper fob Asta NLW $635.00 sellers, Sarawak white pepper faq
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    • 195 4 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa Yam: China Blue Phoenix 20's 3,655. 32's 4,120, 40's 4,230 (per bale of 400 lbs). Piece Cn<i: China Butterfly and Globe Brand unq, Dragon Head unq. Five Lambs unq. Flower and Butterfly
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  • Page 4 Advertisements
    • 100 4 WOODWORKING FACTORY FOR SALE $3 MILLION Land area: 36,0005q.m. Building area :15,0005q.m. Height of building: 30ft Breezy all day 1. Canteen, Sanitary facilities/water electricity supply, sprinkle system. 2. 4 Unit of 2.2KU 1,000 K.V.A. Transformers, suitable for all types of industry except food. 3. 1.8 km to Jurong Port off
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  • Page 5 Advertisements
    • 380 5 PHILIPS Phifips gives you the better alternative to the IBM-PC. The Philips-PC: Not just a computer-a business package With the introduction of the Philips Personal Computer in Singapore, Philips penetrates yet another segment of the high technology market worldwide. Software Compatibility The new 16-bit PC is designed around the Intel
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  • OVERSEAS
    • 426 6 Reuter SOVIET trade with the West tipped into the black last year, recording a surplus of US$l.3 bilImui compared with a $130 million deficit in 1982, provisional figures show. The figures, published in the weekly Ekonomicheskaya Gazeta, show exports to the industrialised
      Reuter  -  426 words
    • 283 6 AFP THE Malaysian government does not intend to regulate leasing companies for the time being as public interest is not directly involved. Speaking at a financial conference in Kuala Lumpur jttterday, Deputy Minister ffcr Finance Datuk Sabbaruddin Chik said that sfhce leasing
      AFP  -  283 words
    • 214 6 Reuter THE US and the Soviet Union have just held their first bilateral disarmament talks this year, following the breakdown in December of Geneva negotiations on limiting European and strategic nuclear missiles. A spokesman for the American side said the USSoviet Standing Consultative Commission,
      Reuter  -  214 words
    • 191 6 UPI JAPANESE Prime Minister Yasuhiro Nakasone on Thursday expressed regret about the collision of a US aircraft carrier and a Soviet submarine and directed the Foreign Ministry to investigate the incident. Mr Nakasone told the Lower House of the Diet that care must be taken to
      UPI  -  191 words
    • 178 6 Reuter ITALY'S coalition government, facing a mass, Communist-led protest tomorrow against an aasterity decree, called a Seaate confidence vote which parliamentary soarees expected to be approved late yesterday. The five parties of Socialist Prime Minister Betttao Craxl's coalition were present la force
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    • 408 6 FT THE US this week renews its pressure on Japan to liberalise its financial markets and promote wider use of its currency. The two pronged American assault will be led by Dr Beryl Sprinkel, the Treasury Under-Secretary, who began a second round of
      FT  -  408 words
    • WORLD IN BRIEF
      • 384 6 Agencies THE United Nations will provide U553,075 million this year to aid South-east Asian refugees in China. Christopher Jenns Carpenter, Beijing Representative of the UN High Commissioner for Refugees, was quoted by the official Chinese news agency Xinhua yesterday as saying that the
        Agencies  -  384 words
    • 690 6 AFP, Reuter LEBANESE Druze leader Walid Jumblatt has attacked some of his fellow participants in the failed Lebanese reconciliation conference as "senile ossified people" and said President Amin Gemayel did "not have the guts" to solve the country's problems. In a television
      AFP,; Reuter; UPI picture.  -  690 words
    • 174 6 UPI AMERICAN Secretary of State George Shultz has pledged support (or Afghan rebels fighting the Soviet occupation of their country. "Their sustained countrywide struggle against tyranny and oppression is worthy of our esteem," Mr Shultz said on Wednesday, the traditional Afghan New Year's celebration.
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    • 563 6 Reuter CONTROVERSY over a Japanese television series showing the ordeals of Japanese-Americans during World War Two has prompted its producer to postpone plans to air the series in the US. Many Japanese-Ameri-cans fear the series, made by the Japan Broadcasting Corporation (NHK), may falsely show them
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    • 820 6 ARRIVALS Service Local Operator Number Tine Prom FT FT75 0115 JFK/ANC/NRT/ TPE/KUL THAI TG981 0135 BKK PAA PA5 0225 JFK/SPO/HKG SIA SQ41 0605 MAA SLA SQ43 0730 DHA MAS MH601 0820 KUL CAL CI010 0845 JED/DHA MAS MH671 0905 KUL MAS MH811 0910 PEN SIA SQ103 0950
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    • 473 7 Reuter PRESIDENT Francois Mitterrand said he has called a meeting of European Economic Community foreign ministers for next week to resume efforts to find a solution to the bloc's financial crisis. Speaking in a nationwide television interview on Wednesday night, the French leader said
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    • 266 7 AP WHAT was once a six-mil-lion tonne stockpile of surplus Japanese rice is nearly gone, and developing nations which bought the rice on concessionary terms will have to look elsewhere. Japanese officials said on Wednesday that for the past five years, Japan had sold rice
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    • 316 7 UPI WORLD crude oil production rose 5.2 per cent in January this year above year-earlier levels as higher output from non-communist producers offset a decline in the Soviet Union, Petroleum Information International (PII) reported on Tuesday. Total world oil production averaged 54.18 million
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    • 516 7 Reuter FOREIGN and local Japanese companies are jockeying for position in the hope of entering Japan's domestic telecommunications service industry in anticipation of deregulation. Japanese government and ruling Liberal Democratic Party officials are trying to reach a lastminute compromise on draft legislation aimed
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    • 466 7 Reuter NEW YORK has become the next big battlefield for the Democratic presidential nomination with squabbling professional politicians lining up behind Walter Mondale and Gary Hart raising an army of enthusiastic amateurs. After his narrow loss to Mr Mondale in Tuesday's Illinois primary, Colorado
      Reuter  -  466 words
    • 177 7 FT THE FRENCH government intends to go ahead with its television project using direct broadcasting by satellite in spite of a raging controversy in France over the future of the system. Mr Georges Fillioud, the French Communications Minister, has confirmed that France would launch its
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    • 324 7 UPI PRESIDENT Ferdinand Marcos has appointed two new members to the muchmaligned government agency that certifies election returns, but opposition leaders are demanding further concessions. With less than two months before the crucial May parliamentary elections, Mr Marcos has said that the
      UPI  -  324 words
  • Page 6 Advertisements
    • 70 6 YOU BET! 1 VV jhat s so thick, so juicy and so tender, that it practically melts in your mouth? What comes with baked potatoes, bacon chips, sour cream and fresh tossed salad? The Jockey Pub's airflown, grainfed U.S. Prime Rib Steak, of course. The Jockey Pub! You bet! nf*'*
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    • 25 6 Pan Am's Space Seats Around The World More Seat room. More Legroom. More Space To Stretch Out. Q- Pan Am.Yon Can't Beat The Experience 5
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  • Page 7 Advertisements
    • 384 7 hey work as well with a wet suit as they do with a dinner suit m 5 I ,v>% is s ?A« Since 1839, Patek Philippe have been joining hands across a dinner table, or a coral reef. While the case (based on the design of a making the finest
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  • THE HENDRA INTERVIEW — PART TWO
    • 505 8 THE GOOD news is it means the end of paperwork and red tape. And the bad news is... there doesn't seem to be any. Not even a maximum fine of $2,000, six months' jail or both in cases of defiance is bothersome. After all, laws must be
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    • 1658 8  -  By ALAN LEE, Companies Editor HENDRA Rahardja has literally fallen in love with his first hotel in Singapore the 438-room Hotel Meridien in busy Orchard Road. He talks about the newly-opened hotel in glowing terms, lunches and dines at one of the three restaurants whenever he
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  • Page 8 Advertisements
    • 119 8 In style the Sheraton-Utama has no comparison. Just minutes away from the Sir Winston Churchill Memorial in downtown Bandar Seri Begawan you can experience the incomparable style of the Sheraton-Utama Hotel. An international class hotel with a hundred and seventy luxurious rooms that live up in every detail to the
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  • Page 8 Miscellaneous
    • 1116 8 C SINGAPORE 5 J 3.00 PM Opening and Programme HfeMghts Mowed by A House Is Not a Home (Mandarin/r with English subtitles) 4.2S Kidsworid We hear the story of an 11-year-old roller-skater, look at the students involved in a school film entitled The Outer Space Connectton, watch a 13-year-old archer
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  • 1490 9  -  ■y SUSAN POSTLEWAITE UPI CHRISTOPHER Columbus discovered the three sparkling white Cayman Islands south of Cuba. Now 440 banks and 18,000 corporations have landed there, making the tiny spits of land one of the world'B leading financial centres fend tax havens. Unlike other Caribbean nations,
    UPI  -  1,490 words
  • 965 9  -  By BOB TECH pkß (no tealag dewn, the crisis m the Ijitlt Lam par Commodity Exehuge (SLCE) teek yet «aether tan fer the EMr Lee Chug Ghee, the selfLeae Ranger, said ea Wednesday lid aet accept the eempalsery setUQmeat ef his massive stake ea
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  • Page 9 Advertisements
    • 150 9 m g 28th 29th March 1984 At The Singapore Conference Hall commencing at 10.30 a.m. each day SURPLUS EQUIPMENT BELONGING TO HYATT REGENCY SINGAPORE L -j 1 Snphirf Ro<«d *01)1 Pfjcp 0»»i fTS/7 TH 1J9113J 1 I» Kingstze beds with mattresses English and Sambonet silverware comprising coffee tea sets, forks
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    • 44 9 TOUCH THE DEVIL JACK HIGGIfIS TOUCH THE DEVIL by Jack Higgins "This is not ordinary ihriller... He moves with ease from Vietnam to Ireland to France, actionpacked lines holding your interest with no punches pulled." THE SUNDAY MONITOR "Exciting and believable..." NEW YORK TIMES
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    • 546 9 Workshop One: Tender Evaluation and Contract Administration for the Public Sector Singapore, May 17 18,1984 This is a parallel programme to Purchasing Negotiation Skills but specially designed for the public sector covering the very specific areas of public sector purchasing of capital equipment. It is designed for all those engaged
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  • Page 9 Miscellaneous
    • 666 9 CRYPTIC PUZZLE ACROSS 4 Tempting to alter a ruling (6) 7 It keeps hoUdaymakera off the sands (4, 4) 8 Sailor made to go away (6) 10 Are such days devoid of hot meals? (5) 13 The admiral reduced need (4) 14 Rank or rite, possibly (4) 15 The way
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  • Page 10 Advertisements
    • 269 10 Where to wine, dine and entertain today Y J§^>^^/«^/*w^.. irW 7fce total card that Incorporates the features of a credit card, charge card, cheque card, cash card and purchase card neatly into one. Call Julia at *****97 (20 lines) for an application form. 7am *«r a ie ,h «*h S»'«"
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    • 202 10 If smooth and silky is your style of relaxation, then surround yourself with SILK tonight. The smoothest trio in town entertains Mondays to Saturdays in the luxury of the Fountain Lounge. Century Park. Sheraton Singapore Wters styte surrounds you. Nasam Hi, Singapore 1025. Tel: *****77 Telex: CPHSINRS ***** &RS *****
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    • 200 10 Paramount Mote/ Where the happy people go nsz£&r& pet a t^sxravon A 24 nours > daily LEVEL 4, Paramount Hotel Marina Panda Road, Singapore 1544. Tel: 344 5577 v Entrance from East Coast Marine Parade Roads mmm n MM 188 ■BZlub [SEAFOOD THEATRE RESTAURANT Spicy and Oriental Hotpots for lunch
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    • 247 10 This evening, the Trade winds fan seafood to a sizzle. jjX M A seafood barbeque on the roof of the Hilton under a canopy of stars. What could be more tempting. 7 An array of fresh seafood awaits you every Friday from 7 pm 10.30 pm. Be in vogue ''VAhc
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    • 234 10 (j :v vtA> < mi rb c^Hisnic^ CClir 4flebaUion» tfriU M* fel Treat yourself to our famous Prime Rib beef in town served on a Silver Wagon. Unwind to the live entertainment provided by the Filipino band the Happy Mates' nightly from 7 30pm to 1 1: 30pm reservations. '9Cd
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  • INTERNATIONAL STOCKS
    • 524 11 FT ESSO UK has announced its best results since 1979 and unveiled plans for a major increase in British investments. At £420 million, its 1963 net profits were more than three times the level recorded for 1982. It now plans to invest up
      FT  -  524 words
    • 84 11 MAR 21 Frm Or Bru Lamb 2510 -5 Hobok 5150 50 FORWARD MARKET Petro Rjrl Dutch 7X0 mo -90 Acec Arbed AjtUT 711 1530 830 +S unch uncb Sldro Soc Qua Bclf aofuut 1M0 I'M saw -15 unch Brmacmn Ctnptf Cock De B»«ri 1MB 1MB S31 «M 10 -s
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    • 81 11 mar 21 Dm Ho«eh 111* Horten W Aef-Telefunken f7JC -«3 K«*«n MM uncb -L» >13 -J Btnr BMW Cooimcntenk Contl Oummi 18BJ0 411.00 IS.70 132J0 OS 1 +0.4 O.fl Linde Philip* Komm Prvussu 374JC 143.41 SIB* 300 0C -1.4 0,9 2J 03 507.(JO 4| Rwe 8T A iasj( 0J
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    • 87 11 MAR a Battofl Lire 151 -4 M llano Aat Ord Mondadorl Ord Mondadorl Prtv MS0 3910 2101 Bel Central* Ord Cond Acqua Roma ***** mi 143-50 550 21 -s Montedison CHimtl Ord P1r.HI Ami r 234 4MB 3053 Erldanla an +ao Pirelli Spa ISM Flat Ord Oenerall Oim 4450
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    • 174 11 -MAR 21 ABN ru 386.00 47-4-3 KM> KLM Meneb* Naarden National Nad Nedllojrd 93s KSS II unch -U -12 -02 -0J +15 Ahold Akao AMKV 2MJ0 97 JO 154. M 179.00 73J0 44 JO -U -0J -0.4 41.10 222 50 121 JO Amfu Amrotonk Bark 1J unch 1.1 Nmb
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    • 194 11 MAR 21 C$ AMUH 25* unch Alcan 43*4 Algoma BH unch Bank Mont a Bank Nora Scotia 12 -H Bell Tel 30* BP Can Ltd 23 St flratcan Can Imp Bk 2§H -W Can Prm M( Canpac Z M*i unch CarUna OTCeefe Cmbl Rd Lk 1»* 37 -H Cn
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    • 233 11 Reuter BASF AG said business in 1963 developed better than expected and strong incoming orders during the first months of 1964 point to the positive trend continuing. BASF, the second of West Germany's three major chemical companies to report provisional 1963 earnings, increased world
      Reuter  -  233 words
    • 88 11 Reuter WOOLWOBTH HeMlags PLC ku reparted pre-tax pnflt «I £21.41 milH— (£C.lf mllHsa) far the year «M Ju a m i taraever £IXI MIOm (£1.12 MMm). Gnas pnflt staads at £SU.4t militoa (L564.1l BdlHaa). Pre-tax pnflt after ether expwee leas ether taMieae la £S».7C milllea (£9M.M milllea) aad
      Reuter  -  88 words
    • 1006 11 NEW YORK Reuter WALL Street stock prices closed lower on Wednesday, with blue chip issues absorbing most of the decline, as the market was again kept in check by nervousness over interest rates. The Dow Jones Industrial Average, which rose nearly 4V4 points on Tuesday, remained in
      Reuter  -  1,006 words
    • 281 11 MAR a Rand INDUSTRIALS Un Steel Unlsec Wool worth 149 910 1(00 unch unch unch A Alpha Abercom A* And CI MO 290 m uneb •10 unch Anglos MININGS 2400 >M isr op 429 «n +9 unch Anglvaal szzsr- 1MB OH >29 -M Barlows 1400 unch C O Smith
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    • 63 11 MAR 31 Kronor S. E. Banken m 10 Alfa Lull B Pin.. m Sandvlk B Free 8 k and la 360 366 unch Aam B Free Astra B rn< ZZ 656 uneh unch Skf B Free Volvo B Prtc 1(6 468 3 7 AUai«Copco m 1 Erlcnon B Pre*
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    • 599 11 Reuter OIL COMPANIES thought to be takeover targets are rising on Wall Street as a feeling spreads among investors that the furore in Washington over such deals is abating. The biggest gainer in the past two sessions has been Sun Inc Co, which added to its
      Reuter  -  599 words
    • 315 11 SHARE prices yesterday moved in a narrow range in dull trading on Australian stock exchanges with brokers reporting little interest. MAR a Canta INDUSTRIALS a n w in 1 AMI -S a m if ZZ tm AbffOflt w -M iSlanca (Ml ADM Mfll m M uneh •1 ♦a £35?:=
      315 words
    • 193 11 MAS a HI r All Bincara Iixlu* 11 u> -e.a r *v JO Ll Oil Ul Qtffl Uooviff |i m 1 Chla Hon M China Chan II La L» La loo La JO m JO J J J ICt Ll JB China Dn 1 China Bact Win II China
      193 words
    • 189 11 MAR 21 Pra GROUPB 13K M CORBEILLE 4-1 Financier* de L Union n Ml UM ***** -0-5 11J IS ■43 Aqultaine Nat Dm PtUok an 223 Oofl-ParltMi B 8 N Oenrmii Danone C 8 F (Thomson Ck'riuaiii dei Petrole* Credit Foncter 200 313 •4 PenaiTOjra S7 Radio technique 300
      189 words
    • 201 11 MAR M Frmnc» sandoe Iter OK -I Action* BuImm 314.00 unch Sulacr Pc K -1 Alusutaee Br. MA -II Sulacr Ra(. 1710 unc Aluaulaee Raf. 3M >1 Swu» Bank Br Ml -5 Brown Bowl Br. 1MB +5 Swlae Bank Corp aba Oetfy Br. 22» -0 Ra« 2S# -I Clba
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    • 353 11 HONGKONG STOCKS yesterday closed slightly lower after fluctuating during the day. The market started with a bullish atmosphere on speculation that Swire Pacific Ltd is likely to report a sharply increased 1983 net profit on Monday, but a feeling which developed at mid-morning that a local interest
      353 words
    • 346 11 FRESH BUYING yesterday revived the market after a sharp fall on Wednesday, and prices closed at the day's highs, led by small and medium-sized issues. The market average rose 41.93 to close at 10,455.81 after falling 65.92 on Wednesday. Turnover was 400 million shares against 470 million
      346 words
    • 103 11 SHARE prices yesterday closed generally lower in continued dull trading. The Commercial and Industrial Marker eased 1.09 to 132.23. MAR B P A coil Mlnlne Aatfo Phil Aon Mining B Atki Coo. BtutoOoM LM -&9HS I1J0 >1 Ml uwh hw« COB. B zm FM PtUl Hid* Lapaato a Martnduqut
      103 words
    • 99 11 SHARE prices yesterday continued to rise in quiet trading which centred around the cement group. The Book Club Index rose 0.26 point to 118.45 on turnover of 21.5 million baht. MAR S Aokham Thai Bahu wUS ♦i BuMkok Bui Ink Of Ajudhaja Ltd MI uncb ♦t 42 ♦1 M,
      99 words
  • Page 11 Advertisements
    • 75 11 Thai Seafood Served I n True Siamese Slvlc < r H k. Thinking of food. Think Thai: Spicy Tomyum Soup, Charcoal-Grilled Seafood, Royal Thai Seafood and our other delectable Thai Cuisine. Or if you're a gourmet cook, take home some fresh seafood from our mini seafood market. And cook up
      75 words
    • 509 11 FRANK NEWMAN ASSOCIATES STRATEGIC MARKETING CONSULTANTS Presents THE MARKETING OF FINANCIAL ft BANKING SERVICES SEMINAR to be held at the Holiday Inn Singapore 3 days, Monday-Wednesday, 2nd-4th April 1184 COURBE CONTENTS 9 Lectures all with visual aid. using synchronised projectors 1) The Corporate Plan 2) Strategic Marketing Planning 3) Market
      509 words

  • 2367 12 BID and offer prices officially luted 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. AU Time Settlement Contracts are quoted after
    2,367 words
  • 179 12 Mangen' prices for Mar S ■NAPMUmTHI The Commerce 14) The Saving* Fund 1.98 S pore Prog Fund 1.48 S pore Sec. Fund 2.24 S'pore Invest Fund 1.18 S pare Equity Fund 1.44 ASA UNIT RUT Mai Invest Fund 2.M Mai Prog Fund Ltf Mai Security Fund 1.SC Mai
    179 words
  • 3641 12 ISM Higk 1*4 Law CMPMjr Last Sale ♦e*Or*s DHr Dhr Or Qr's TM Net P/E Vol CSOO) Day High Lew 8ECTION ONE INDUSTRIAL COMMERCIAL m 310 SM ao 308 410 ia 430 ra 044* 530 710 300 ra 410 300 411 aoo 1410 510 MO MO ra
    3,641 words
  • 1908 12 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In bracket* In lots of 1,000 units unless otherwise specified. ooxmuu Akwa (1828 2.835) (1) LCI (U) IM Aatek (IMB 1MB) (7)
    1,908 words
  • 731 12 SHARE priM «M mixed to easier after mevtag filetly wttkla o urnw ruge «a the flagspsm stock market yesterday. Taraever slaekeaed to 7.41 rnllUaa satto aa Wedaeaday. Dealers said laveatars had very Utile Impetas to bay aad preferred to waltaa theMdhmsas aatll a dearer At
    731 words
  • 517 12 THE Kuala Lumpur stock market passed through a listless session yesterday as prices continued to lose ground. Most sectors were lower but fresh interest was evident among rubber issues, most of which scored double-digit gains. Normally-quiet Ayer Molek Rubber soared from 16.60 to $20.00 for
    517 words

  • COMPANY NEWS
    • 458 13 Ernst Whinney to pool resources with Tetsuzo Ota NYT HBRNST k Whinney International has announced plans •to combine practices with "3Tetsuzo Ota k Co, one of «•dapan's largest accounting companies. Analysts said j the agreement emphasised the growing importance of 'Jhe Japanese market to «•American accounting firms. r»i* The announcement,
      NYT  -  458 words
    • 304 13 Reuter DOW Banking Corp, the Zurich-based subsidiary of Dow Chemical Corp, said a reorganisation of its foreign interests will benefit public minority shareholders. General manager Arthur Bolliger said the bank sold stakes in companies based in London, Hongkong, Kuala Lumpur, Singapore and Grand Cayman to
      Reuter  -  304 words
    • 243 13 MERRILL Lynch k Co Inc and International Business Machines Corp have formed a Joint venture to produce a new information delivery and office automation system for the financial service industry. The system will integrate market data service, enhanced communications systems, software, mini-com-puters and desktop computers.
      243 words
    • 985 13 SHARES generally eased a few pence yesterday in technical reaction to Wednesday's record levels, dealers said. Trading was quiet with no sustained selling preswre. Unilever eased 8p to 945, 'Glaxo 7p to 865, ICI 6p to 626 tfnd GEC gave up 5p to 198. Tricentrol, however, rose 2p
      985 words
    • 220 13 HOTEL Malaysia Limited: Twenty-first AGM to be held in the Tudor Ballroom of Goodwood Park Hotel, Scotts Road, on Wednesday, March 28, at 11.30 am. GOODWOOD Park Hetel limited: Thirty-sixth AGM to be held in the Tudor Ballroom of Goodwood Park Hotel, Scotts Road, on Wednesday, March 28,
      220 words
    • 189 13 CONSTRUCTION d the MtlM mllltoa Pan Padfle H«M la Kaala Lsmpar Is en sehedale and Is expected to be completed la conjaacttoa with the Patra ffwM Centre In September Mi. Datak Abdal Rahlm Rahmaa, ehalrmaa ef Berl Padfle Cerp which awas the hotel, said
      189 words
    • 577 13 THE bonus, rights and split bandwagon among Malaysian listed companies is still rolling strongly. Whatever the real reasons behind their moves, the (act remains that corporate strategists are continuing to take full advantage of the current historically high level of prices
      577 words
  • Page 13 Advertisements
    • 421 13 A 1 Vbatt/ British-American Tobacco Company (Singapore) Ltd ANNOUNCEMENT AUDITED RESULTS The Directors are pleased to announce the following audited results of the Group and the Company for the year ended 31 December 1983. (UN) Turnover Investment and Other Income Operating Profit Share of results of Associated Companies Profit before
      421 words

  • Chief Price Changes
    • 174 14 Rises Indices Tiiaiif Coaa E TPaa 2550 1100 +150 120 Mar 21 Mar 22 Kc Laajat 81.50 710 875 1240 500 120 86 40 20 BT Composite: 939 44 936.47 B«*ta MuUktk Males BT Indicator: ST Industrials: *****12 1013.62 *****03 1010.18 M BuklU 1000 10 ST Finance: 2897.46 2877.40
      174 words
    • Article, Illustration
      147 14 Rises Indices A Molek 2000 1340 Mar 21 Mar 22 Kluang 2170 +210 KTPau 1280 200 MBT Indicator: *****09 *****97 J Kuan tan 1350 200 NST Industrials: 1484.77 1467.91 Taiping Con 2850 150 NST Finance: 2738.62 2729.93 Mentakab 1420 120 NST Hotels: 659.77 659.52 Sg Bagan 1500 100
      147 words
    • 50 14 H.K.HANG SENG Wednesday 728.5 Week Ago 721.9 Thursday— 1156.07 FINANCIAL TIMES Wednesday 1157.28 Week Ago 1111.06 INDUSTRIALS AUSTRALIAN INDUSTRIALS Wednesday 901.4 Tuesday 897.6 Week Ago 864.6 Thursday— 960.2 Wednesday 961.1 Week Ago 955.2 DOW JONES AVERAGE INDUSTRIALS ALL ORDINARIES Wednesday 1170.85 Tuesday 1175.77 Thursday 730.0 Week Ago 1166.04
      50 words
  • 586 14  -  am Companies Editor: ALAN LEE By NAJEEB JARHOM SHAREHOLDERS of British-American Tobacco Co (S) Ltd, whose 1963 results released yesterday show a near 10 per cent fall in group profits, have been warned to expect a difficult year ahead. After its 1982 record
    586 words
  • 157 14 HYATT of Hongkong Ltd has acquired a 6.3 per cent stake in Sealion Hotels Ltd which owns Hyatt Regency Hotel in Scotts Road. Sealion said yesterday that Hyatt of Hongkong acquired the 2.5 million Sealion shares on March 14 from Hongkong Bank Nominees at
    157 words
  • 430 14  -  By AMY CHEOK NATIONAL Iron and Steel Mills Ltd has in line with industry expectations suffered a setback in earnings for 1963. The iron and steel products maufacturer yesterday reported a 30.2 per cent decline in group operating profits before tax to $34.28
    430 words
  • 97 14 TAIPING Consolidated Bbd is expected to turn in pretax profits of M 5431,000 for the current financial year ending June 90,1964. This, based on the weighted average number of shares in issue this year, will result iA projected gross earnings per share of 5.4 cents per
    97 words
  • 157 14 VETERAN British industrialist George Turn bull is to take over as managing director of Inchcape PLC, which has extensive interests in East and West Asia. Mr Turnbull has firsthand knowledge of these markets, having played a leading role in setting up the South Korean Hyundai Motor Co,
    157 words
  • 1030 14  -  RICHARD EVANS entered the corporate world ii IK4 as a junior executive with Jardlne Matheson A Company, Hongkong. After seven years with Jardlne, he took over the post of managing director of Miller 4 Phillips, based in Singapore. Subsequently, Mr Evans was attached
    1,030 words
  • Taking Stock...
    • 513 14 By Hock Lock Siew MBf Holdings Bhd is spreading its wings again this time to Indonesia in a move which is in line with plans to internationalise the group's operations. There is talk that the finance and property group is now showing interest in the Indonesian finance market,
      By Hock Lock Siew  -  513 words
    • 191 14 BULKELEY Investments (Pte) Ltd has emerged as a substantial shareholder of Mi Ymmg Steel Cm (8) Ltd. Since the beginning of the week, Bulkeley has managed to secure an 18.02 per cent stake or a total of 1.442 million shares in the industrial gas company. On March 20,
      191 words
  • 138 14 HOTEL Properties Ltd has incorporated a whollyowned company, Pinedale (HK) Ltd in Hongkong with HK$20 in paid-up capital on Feb 28, 1983 for the purpose of operating Haagen Dazs Ice Cream shops in the colony. PRIMA Ltd is holding its 24th AGM on April 17. HONGKONG Land Company's
    138 words
  • Page 14 Advertisements
    • 80 14 London stocks in page IS m I it I V:iTtTTrrSW:! 3• J 3 Shenton Way, #03-12, Shenlon House Singapore 0106. Te1eph0ne:*****77 UNITED EUMOS WAREHOUSE PTE LTD (a |O*M «enlure oi Unied Overseas Bank Limited and Overseas LandU<™«<*<l« For details pi— contact: III! Satn 4 Leasing Of ftc* United Owwm Land
      80 words
  • Page 14 Miscellaneous
    • 61 14 fcWEATH ERJ OUTLOOK for today: Fair; showers in a few areas in the afternoon. Report for 24 hours prior to 7J pm on March 22 at the airport: Maximum temperature 32.2 Associated humidity 61 Minimum temperature. 22.1 Associated humidity 97 Hours of sunshine 8.50 Rainfall In millimetres Nil Total rainfall
      61 words

  • SHIPPING TIMES
    • 341 15 AP INDIA'S 300,000 striking dockworkers agreed to renew negotiations with the government on demands for higher pay and benefits in the wake of a clash between police and longshoremen that left nine people dead. The walkout, now in its seventh day, has brought Ipdia's
      AP  -  341 words
    • 523 15  -  By G DURAIRAJ RECLAMATION of the swampy shores of Pulau Lumut where the proposed M|43o million new port will be built to supplement Port Kelang's cargo handling capacity is almost half completed. An estimated 2 million cubic metres of sand fill have been
      523 words
    • PORTSIDES
      • 116 15 THE largest vessel yet built in Wartsila's giant covered dock hall, and P O's most expensiveever passenger liner, the Royal Princess, represents a radical new departure in cruise design the all outside cabin (AOC) concept. Each one of the 600 cabins, accommodating a total of 1,200 passengers, has
        116 words
    • 747 15 Shipping Line Page C«l Abe* Transport IV 4 AC Toepter VI I Alea VI 3 Ahrenkiel Liner vn 5 Alpac VI 5 Antara Shpg X s A PC Line V 4 APL m 45 ASCL m I Asia broker v s Atlas Lines X 4 A astasia
      747 words
    • 788 16 Maritime China 'WITH MORE newbuilding contracts than ever before, the Shanghai based Jiangnan Shipyard one of the oldest in China has marched confidently into 1984. Jiangnan is now enjoying 'a growing reputation among foreign owners for an excellent standard of workmanship, and its orderbook
      Maritime China  -  788 words
    • 434 16 Fairplay AFTER handling over 49 million tonnes of cargo in what port authorities are claiming as the "most significant" year in its history, the Port of Vancouver is planning ahead well beyond the turn of the century. Under a 30-year master plan now in
      Fairplay  -  434 words
    • 1349 16 A SHORTAGE of Panamax tonnage on Wednesday in the North Atlantic for prompt positions enabled owners to push US Gulf to Continent grain rates for bulkers back up above the US$lO mark, shipbrokers said. They reported a booking of a 65,000 dwcc vessel with grain for Mississippi River
      1,349 words
    • 539 16 A MAJOR restructuring programme has been worked out to lift Italy's stateowned Finmare group out of the red. The financially-plagued group, comprising liner companies Lloyd Triestino, Italia di Navigazione and Adriatica di Navigazione, have finally been forced to consider drastic and farreaching
      539 words
    • 47 16 THE worldwide utilisations rate remained stagnant a{ 82 per cent, according teg Offshore In telex weekly ri& count. The current marketable fleet numbers 717 with 12$ rigs idle. Last month were 140 idle and available rigs for a utilisation rate o( 80.5 per cent.
      47 words
    • 193 17 THE MAJOR shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: £CE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits
      193 words
    • 401 17 CONFERENCE lines* hopes for stability in one of the world's most lucrative liner trades have been shattered at an early stage by the emergence of a new outsider service. Shippers in Europe had hoped that a new independent would emerge in the trades to
      401 words
    • 206 17 TMR FLEXI-VAN Corporation has reported 1983 revenue of US$lB3 million, which is down from the previous year's revenue of $197 million. Operating income for the year was 124 million compared with $27 million in 1982. For the quarter that ended on Dec 31
      TMR  -  206 words
    • 276 17 THE second of Halter Marine's new high speed Sea Shuttle-class crewboats was recently delivered to Asie Crewboats Sdn Bhd of Malaysia. The all-aluminium Asie Dua, like its sister ship Asie I, is a 2,040 hp crewboat with accommodation for 55 passengers. The crew quarters
      276 words
    • 96 17 P&O and Cunard will seek to win support for their campaign to limit Soviet cruise operations out of Britain when they meet their European counterparts in London on April 5. Informal talks have been timed to coincide with a meeting of the Council of European and Japanese
      96 words
    • 4538 22 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 of
      4,538 words
    • 774 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Ship Voy Arrival for LCL Movement Date/Time Operator Cargo Schedule Location Maersk Mango 8412B 24.3.84 0730 Maersk 51 0800-0900/1800-1900 N3 B Dahlia 204/84 24.3.84 0800 Leo Shpg FSB 0900-1100/1900-2000 S2 Anson *****N 24.3.84 0900 Heap Seng TA 3
      774 words
    • 1649 23 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S). Afr»-Eiruii Liar Transgroup (S). AhreakM Um BervW Kim Shpg (S). Alfred C Twflrr Sea Consortium (S) I Marintex Enterprise (PK). AlpM Intrasea (S) Bintang Shpg (KL) Island Cargo Handling
      1,649 words
    • 435 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Equator III 22 Thong Soon alongside 23.3.84/1800 Kuznica 47 Baltic FE alongside 23.3.84/0530 Nikkei Central 5 Sunship alongside 23.3.84/1500 Nile 18 LN Shpg alongside 23.3.84/2300 Sampaguita 38/9 NAPL alongside 23.3.84/2300 Artois 31/2 Sealion 23.3.84/1400 25.3.84/2300 Azalea 33/4
      435 words
  • Page 15 Advertisements
    • 224 15 BOOKS FOR PROFIT Times .1 A R DIM AMAH FULLY CONTAINERISED SERVICE 10 FUROPF VIA SUEZ laHiwc R'dam 12/4 13/4 19/4 20/4 25/4 26/4 2/5 3/5 9/5 10/5 15/5 16/5 21/5 22/5 26/5 27/5 31/5 1/6 ITtet Mtmp 17/4 19/4 24/4 27/4 30/4 5/5 7/5 10/5 14/5 17/5 20/5 23/5
      224 words
    • 451 15 SSEALORDO UASC UNITED ARAB SHIPPING CO SAG) NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES 3— EXPRESS MULTI PURPOSE SERVICES FULLY CONTAINERISED SERVICE^ KROM lAI'AN TAlttW lIOM.kOV. lAL MRQAfi V.4 AL MAMYAH V 6 A 1 MM V I* ALSO CM.UNC HA6OY* HAKATA 17/3 20/3
      451 words
    • 23 15 LONDON Freights U/TSk CONSORTIA m SHIPPING Schedale Vm/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Pert X REGIONAL Weather X
      23 words
    • 619 15 REACH YOUR AUDIENCE EFFECTIVELY TIMES lUisiiK-ss |)irr< tor\ of Sin&iixxv *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PA itTv.rnfc'frtaa tt IX IjiT r* 17/5 22/5 24/5 29/5 I 31/5 19/5 20/5 26/5 27/5 S *CY 26th March 1100HRS CFS 25th March 2300 HRS ERMANY, FRANCE, SCANDINAVIA, AUSTRIA k
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  • Page 16 Advertisements
    • 353 16 To Europe. FAR EAST/EUROPE CONTAINER SERVICE From Europe 1) Bacetorw, Genu. It Amsterdam Artwtrp. LHtvre, Bask. UK. 3) Bremen. Bremerhmn. Aartws Copwhafen. Helsinki 4) Mahno. Stockholm. Oslo •Accepto* Europe cap tor feeder ma S pore 'Also direct carjo for Spore t Banjto* Ph contact PERHSC P Ketanc tor feeder arranfement
      353 words
    • 428 16 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific North Wml FMdar atKoba Atlantic/Canada Faadar at Koba n m sp kmw va. u/lb om Meter vs. sut vex rm vs. h tom uv uqm sm hPwt »/3 r mom w* t«wuo a/4 a/4 a/4 *i/J «/J :»/i a/3 i/« »saa a/« a/4 iwaaa
      428 words

  • Page 17 Advertisements
    • 496 17 The Straits Steamship Group OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok SINGAPORE TO TO/FROM BANGKOK SARAWAK AND BRUNEI ALSO ACCEPTING CARGO FOR: liHrtiß «to Aatwwp, Awitadia CONTAINERSHIP SERVICE FROM UK CONTINENT BANGKOK AGENTS: BORfEO AGENCCS LTD. BANGKOK TEL: ******0 D n A joint
      496 words
    • 742 17 NOTICE VOY:IM urivrrf mk Man* 1»4 at PA.A. Ot4iw N». J1 a General Survey of cargo ex the above vessel will be held on Monday 26th March 1»4 from 9.00 a.m. to 5.00 p.m. No further survey will be hekl after this date. R. Jl MABHOV SONS (PTE) LTD Tel:
      742 words

  • Page 18 Advertisements
    • 646 18 EXPORTS I Spore P KelangPen Bilbao Genoa Hburg Rdam B'haven Antwerp 8/4 10/4 12/4 3/5 13/5 10/5 8/4 U/4 13/4 7/5 12/5 17/5 20/5 Connecting in Tokyo Connecting in Kobe "Also occeptmg cargo tor ATLANTIC GULF PORTS via mmalandbndge, and US MIO-WEST by microbfidge" FROM CONTINENT UK IMPORTS MLpw Oukj
      646 words
    • 408 18 :t: *Xu**< FULLY CONTAINERISED SERVICE TO EUR Oft Vl* SUEZ 1 ct Comottmrn OMNTAI CHEF M* HR CONTAMER 39* S. S£AS BROS 45* ItHiwt It dun tfb«»| Art»«p 11/4 12/4 14/4 16/4 19/4 18,4 19/4 21/4 23/4 26/4 25/4 26/4 21/4 30/4 5/5 FROM EUROPE VIA SUEZ JA HKonf KmMhi
      408 words
    • 531 18 EVERGREEN LINE j FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG fCI LCI CARGO FOR: S» «l «G FU ROM km LHV «c« 20/03 17/04 19/04 21/04 22/04 24/04 C»«Gr«dt 04/04 07/04 27/04 20/04 01 OS 2/05 4/05 it* LaurW 17/04 11/04 00/05 11/05 11/05 14/05 10/05 »iso acceptor; ia/ra t Fa/Fa to
      531 words
    • 909 18 Clifford Cantra Harrison* A Croafiald 36. Baach Straat Panang, Singapore P Kalang K.L. Rm 36/ 103 O C B C Bldg Tat *****81 '9 3W701/4 SO7SO/9 *****4 Tal *****/2 T»»NS»O»*ACiON Ma#< FULL COHTAINER SERVICE to U S WEST COAST Alia caf|i <1 Im Mfdtt 1" fnaciia II MEXICO CENTRAL AMERICA
      909 words
    • 309 18 tUSINOSE u MARITIME PTE LTD fftH ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Loadstar B Abbas. B. Khomain PORT RE LANG PENANG SMOSt MARITMI PTE LTD Ttl *****44/7 I *****/0 MAiOSi MARITWK SON BHD Td *****2/3 MALAYS* TRADE 4 TRANSPORT LTD Ttf ***** 4 63/25 TO PAPUA NEW GUINEA/
      309 words

  • Page 19 Advertisements
    • 1041 19 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE SINGAPORE LOADING FOR: KOTA PETANI E-4M 30-4/4 TAMATAVE, MAJUNGA, MAPUTO, D'tALAAM, MOMBASA. MOGADISCIO KOTA MEW AH E-497 1-4/4 HOOEIDAH, MUKALLA. ADEN KOTAMEGAH E-495 10-14/4 MOMBASA. HOOEIOAH. ADEN. JEDOAM, AOABA.PT. SUDAN KOTA WUAYA E-453 4-11/4 HODEIDAH. JEDDAH, AQABA, PT.SUDAN, MOGADISCIO, MOMBASA ACCEPTING CONTAINERS TO
      1,041 words
    • 866 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE FROM EUROPE HAM Kamakiva Maru SaAed Hamburg Eipress Sated Tokio Eipress SjM Osaka Bit SaAed Benaron 26/3 Kitano Mjru 3/4 Kasuga Maru 7/4 Carifcgan Bay 11/4 Franhtwt Eipress 11/4 EUROPE 8 HAVEN SaAed SaAed SaAed SaAed 27/3 4/4 1/4 12/4 10/4 It
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    • 513 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINF EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE STORE LDN RTIAM ADAMHDURG BREKN SRfWUATA 10NB l«/« J7/5 20/S 22/5 BaatlMati 6«e 3 a SMCtfOK P KEIANG TIDURT; LONDON 4/3 ROTTERDAM AMSTERDAM 21/4 7/3 2/4 ROTTERDAM AMSTERDAM lIBUR* ion** P KEIANG ANTWKf m ARE AC CEP TUG BOTH CONTAKRS,
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    • 563 19 m BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION Loadhf for Rangoon S'pori P.Kolong Ponong HTOHEYWA VIB9 24/26 Mor PAANV6B 30/1 Apr 27/28 Mor PAGAN V 73 4/6 Apr 1/2 Apr BANK UNE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE I R'DAM HULL HMBG FORTHBANK 1 Apr 27 Apr 3 Moy
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  • Page 20 Advertisements
    • 1090 20 »jKline KAWASAKI KISEN KAISHA, LTD. PACIFIC COAST (Including DESTINATIONS INLAND via IPI/MICROBRIDGE MINILAND BRIDGE) ALSO ACCEPTING MOMTREAI TORONTO AND OTHER US PACE*. GULF. ATLAMTIC PORTS N MUND POMTS A i LANTIC COAST PKIG MONTE RUB' VIS 27 Mai I PMX* *29 3 Apr 1 MNSAI PIONEER *32 9 Apr HOTTER
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    • 465 20 Accepting Brcafcbulk and contaioMiMd caraoN Direct to Bouth Africa Richards Spirt [Man Bay CT«n Cl* Miputo rik Acceptim Container I Breathitt sa vm oa sm *103 a/< 7/s «/5 »/s i»/s MAYMAWA MAM V.5413F SA lUI 5512Y NED COIOMBO Y5209G S I MOMENSTEK ¥070 30/3 13/4 U/4 I 25/4 11/4
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    • 718 20 CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER/BBULK SERVICE lMfc lOS RNGELES. SAN fRJUICBCO. SUTTU. TACOMA VANCOUVER U. Acctptng Fa/fa Contaawa ;t art war AUSTRALIA EXPRESS CONTAINER SERVICE Accaptoig Fa/Fa Cartanan •aim acctptng trom P KHan| tar Auck *«4 l,tt Closing PPW COU G 313 on 25/3 Spare IM St# Ah* i
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    • 584 20 KORINS MARITIME SERVICES E 114 Anaon Road, *18-01, Tunas Building, Singapore 0207. Tal: *****22 *****67 PKtltng Tal: *****1 /8 REO SEA/PERSIAN GULF/MEOITERRANEAN SERVICES Spore HAEWOO 25 Mar SUN RIVER 30 Mar Loadng Far: Pt Sttdan/Bcnfhazi/Tripai/MBwata B. Abtoas/B Bushre/B Khomcri /A Hyundai Merchant Marine SEMI-CONTAINER SERVICE USA SERVICE PACFIC/GULF/ATLANTIC PORTS S
      584 words
    • 469 20 INTRASEA (PTE) LTD 10 Anson Road »2 7 16 International Pla/.i Singapore 0207 Tel *****11 |10 L.nesi O t 'L-'I t V f BREAKBULK SERVICE TO EUROPE/UK ALP AC LINE SSUT 6 ALPAC ASIA 16SMB S port P Mang Loadn( tar: 27 Mar 30 Mar Martin/Rauaan/ Durban/Tama tart SEAWOOD SHIPPING
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  • Page 21 Advertisements
    • 540 21 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (Vl* SUEZ): Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times: FCL Cargo 0600 24/3 LCL Careo 1800 23/3 FROM EUROPE (VIA SUEZ) TO/FROM NORTH AMERICA PACIFIC COAST Also accepting cargo to Los Angeles t San Francisco TO/FROM NORTH AMERICA ATLANTIC
      540 words
    • 540 21 HEUNG-A SHIPPI Korean Flag Vessels s QOHML SEMI-CONTAINERISED DIRECT SERVICE TO Hi Omm/MIN I t/i I n/s SEMI CONTAINERISED DIRECT SERVICE TO L Smutti/UN I Sm*W?2* I Smun/17* IMtar Vtual I Jnuti UR I Sm*W/22W I SrmumJ 17W MDM> Knwi i SiwhilM I L Smtaa/17W i .IN' *PTl* AGfNCKS PTE
      540 words
    • 1025 21 m SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDM6 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 lines) Cable Address SMSOV SMGAPOtt Telex Numbers RS ***** RS ***** RS 2510S P. KEI AUG M/S SHAWMT NAH SOON SON. M. IST ANO 2ND FLOOR. NO 1. JALAN CEMPENMG PORT
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    • 8 21 ahrenkiel liner service gmbh DURBAN JOHANNESBURG.MAPUTO. MAURITIUS REUNION
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  • Page 22 Advertisements
    • 693 22 Ke<|ional Container Lines A 'WiVlLt' Sailings Weekly Reliable Regular Punctual Berthing PSA 1500 Hrs Tuesday Saturday REGULAR FEEDER SERVICE TO PHUKET/SONGKLA Wt STONE SKIA VOY STORE fWT It AT AM BHUM 175/176 Safcd 22 Mir 243/244 31 Mar 3 Apr If SINGAPORE ISLA NDS USE MIDDLE EAST REGULAR LINER Spore
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  • Page 23 Advertisements
    • 78 23 LIC.QRXI: m zatta F,ench L REGULAR SEH-COHTMtR SERVICE TO BAN6IA-DtSH/IWW/SI)l LANKA/PAKISTAN SEAL lON SHPPMG (S) PTE LID. SALES/BOOK HGS TEL *****11 (I LMES) Sea winds DIRECT FULL CONTAINER SERVICES TO US PACIFIC COAST taws ORIfNTAI SMWINDS lINER AGfNCY Pit I TO SINGAPORE TEL *****81 SALES BOOKINGS MALAYSIA GENERAL FREIGHT M.
      78 words
    • 385 23 jr Nedlloyd Lines io.d,n 9 fo, CENTRAL AND SOUTH AMERICA 1 accepting containers to Corribean ports via B'town EAST COABT SOUTH AMERICA VESSEL I STOREI P. LOUIS STOS P'GUA R. QRA M'DEO B. AIRES N Loira 31/3 9/4 25/4 2/5 4/5 7/ 5 9/5 •Aconcagua 30/4 Opt 24/5 NLauva 29/4
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  • Page 24 Advertisements
    • 476 24 1* C.Y. LINE (A Member Of Tho ACE Consortium) CHO VANG SHIPPING CO. LTD FU.LV COKTUOtSED SOtWCC TO EllKlff («U SUEZ) LeMaot ld«n F stove HW| Br«m AM»»rp 11/4 14/4 K/4 11/4 19/4 21/4 OWNTAI CHEF it* |?4/3 25/1 HONGKONC CONTAMER 39W30/1 11/3 SEVEN SEAS BROGE 4SN I C/ 4
      476 words
    • 740 24 HEAP SENG TRADING SHIPPING PTE. LTD. 13-01, 13th floor. Golden Mile Tower, Beach Rood, Singapore 0719. Tel *****44 Tl* R*****2 HEAPCO SINGAPORE TO PHUKET/WEST MALAYSIA SERVICE STORE P. KELANG Pf HANG PHUKET LANGS* V 47/14 Wt/24 Mar 27 Mir LANGS A V 41/14 30/31 Mar 3 Apr LAMPUNG V 57/14
      740 words
    • 506 24 Zl NOR-CONFERENCE MDEPCNOEMT FULL CONTABCX SERVICE accept* FCL/LCI carfoes to USA East I Writ Cms!. Panama. Carnbbean and East Canada ZIM EILAT CONTAINER LINE Spare EAat Irmte Koper Itaci M TWSH 5 Apr 19 Apr 30 Apr 29 Apr 71 Apr Accept** cargo to IMterranean, and Maud it Ports. Las
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  • Page 24 Miscellaneous
    • 160 24 VA fi Regional Weather t •a s*? I V LN U > i 'A K > W i zr, m 3 < ic SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C A\ Shower Weather s-Y Wind direction with speed in knots V Wave
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