The Business Times, 4 May 1984
1984-05-04
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The Business Times
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Title Section12 1984-05-04 1 BUSINESS TIMES M.C. (P) No. 66/1/84 FRIDAY, MAY 4, 1984 60 CENTS12 words
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Article, Illustration382 1984-05-04 1 CHUANG PECK MING - By CHUANG PECK MING SINGAPORE has become one of the fastest growth centres in the world in the use of Visa cards. Last year, Singaporean card-holders generated a 45 per cent growth in sales compared with 23 per cent worldwide and 25 per cent382 words
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97 1984-05-04 1 MR JB Jeyaretnam, secretary-general of Workers' Party, and two other party officials have lost their appeal against a district judge decision to impose a fine on them for soliciting funds for the party without a licence last year. Mr Jeyaretnam and the party's chairman, Mr97 words
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463 1984-05-04 1 Better incentives being offered AFP MALAYSIAN Finance Minister Tengku Razaleigh Hamzah yesterday strongly denied allegations made in a Hongkong court linking his name to a financial scandal involving the collapsed Carrian property group in the British colony. He said that the allegations were partAFP - 463 words
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Article, Illustration486 1984-05-04 1 JOANNE YAP - By JOANNE YAP MANUFACTURERS have 1 intensified their efforts and offered better incentives to lure workers to their factories. A Business Times survey revealed that manufacturers in Bedok, Chai Chee and Jurong industrial estates require at least another 4,000 production operators. This has forced486 words
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BRIEFLY...
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Article65 1984-05-04 1 UPI AMERICAN officials admitted for the first time yesterday that the CIA had directed air raids inside Nicaragua and forced anti-govern-ment rebels to take responsibility for these raids. The New York Times, in a report from Washington, mentioned two air strikes on Feb 2 against a radio transmitterUPI - 65 words
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Article77 1984-05-04 1 AFP ASEAN foreign ministers will hold a special meeting in Jakarta on Tuesday, which will help clarify "misunderstandings" about Indonesia's recent initiatives on Cambodia. Indonesia's Foreign Minister, Mochtar Kusumaatmadja, said yesterday that the session had been called to make "at least Asean countries better understand Indonesia's ideasAFP - 77 words
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Article58 1984-05-04 1 Reuter PAKISTAN has dramatically increased troop strength along its northern border with India and shooting broke out there recently. The Press Trust of India news agency yesterday quoted authoritative sources as saying that scores of Pakistani villages were evacuated two weeks ago in the strategic Ladakh areaReuter - 58 words
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Article80 1984-05-04 1 Reuter THE leader of Thailand's main opposition party yesterday lodged a no-confidence motion against Prime Minister Prem Tinsulanonda and 10 members of his Cabinet. Political sources in Bangkok said the motion would be debated soon but it was too early to tell how much support it would get.Reuter - 80 words
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Article79 1984-05-04 1 UPI JAPANESE Prime Minister Yasuhiro Nakasone flew to Bombay yesterday to hob-nob with the Japanese community in the bustling port city before making an official visit to the Indian capital. "It is my great pleasure to put the first step of my visit in India here inUPI - 79 words
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Article61 1984-05-04 1 AFP AMERICAN Vice-President George Bush will carry a personal message from President Ronald Reagan to Indonesian President Suharto when he pays an official visit to Jakarta next week. Indonesian Foreign Minister Mochtar Kusumaatmadja said vesterday that Vice-President Umar wirahadikusumah will be the host for Mr Bush's visit fromAFP - 61 words
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Article63 1984-05-04 1 Reuter THE British Embassy in Beijing yesterday warned British companies with offices in China to take precautions against possible guerilla attacks. 5"" An embassy official telephoned British companies urging them to be on guard, to lock their doors and check their cars. At the embassy itself, access toReuter - 63 words
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Article, Illustration210 1984-05-04 1 I THE depaty chairman sf Neptaae Orient Um, Mr H R HwkftMit, Is to sncI ceed Mr Michael Wh; Pak- sheag as ehairmaa sf the aatlaaal shlppiag eampaay. The 51-year aM dvU servaat Is eeaearreatly balding a a amber sf partfaUas la neveral gsverameat-swaed enterprises210 words
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332 1984-05-04 1 ALVIN TAY - By ALVIN TAY US FINANCIAL giant Security Pacific Trading Corporation has added TMG (Transmedic) Investment Pte to its impressive list of corporate investments in Singapore. The group has acquired a 31 per cent interest in Transmedic, a locallybased supplier and distributor of332 words
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904 1984-05-04 1 SHOCKED by the thnlfag n darlag the J.lil Smler 1 Malaysia's Flaaacc Mills- »er, Teagka Raxaleigh Hams uk wag lavelved la the BMF-Carriaa scandal, the Stagapere stack market j weat thrsagh a severe shakeeat yesterday. At the elaae, the wldetyfsllswed Straits Times ladastrial ladex fell904 words
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Page 1 Advertisements
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Advertisement243 1984-05-04 1 The champion's choice for sheer grasp and power of play. Maruman of Japan V a* vS*£■ i X. SIX MORE shopping centres are being developed along Orchard Road Page 2 SUPPLIERS will soon be able to assure customers that they can manufacture goods to meet the quality desired.. Page 3243 words
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Advertisement103 1984-05-04 1 Cast Persimmon combines the LOOK FEEL of wood with the POWER DURABILITY of steel. Features: Unique patented inner hosel structure with shaft through the head for Excellent FEEL plus SOLID sound at impact. Longer DISTANCE with better ACCURACY 21st century aerospace casting technology. No more worry of head breakage and103 words
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Advertisement81 1984-05-04 1 =;"%<|%],/`(}/^[,]\@^"/>{\,'{\| Foil Rasalelgh statement and Jalil murder trial Page 5 INSPIRED... BALM A IN 9 f u IT* II 0 Fromsl99-$269 [Ml pierre balmain Pierre Balmain Routiques: Ontrepoint *02 11 176 Orchard Road Singapore 0923 Tel: *****41 The Pavilion Inter Continental «01 05 1 Cuscaden Road Singapore 1024 Tel: *****0481 words
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HOME NEWS
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Article, Illustration623 1984-05-04 2 CHEN QINGSHUN; LISA LEE - By CHEN QINGSHUN and LISA LEE SIX MORE shopping centres are being developed along Orchard Road, adding over 60,000 square metres of shopping space to the bustling shopping district, or the equivalent of 10 Metro Orchard department stores. The six centres are623 words
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Article, Illustration404 1984-05-04 2 THE Japanese have virtually monopolised construction projects in the Orchard Road area, with more than $350 million worth of projects in hand. In the past two years, three companies Takenaka Komuten, OhbayashiGumi and Kakanogumi have clinched five of seven large contracts in that area.404 words
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353 1984-05-04 2 LIM SOON NEO - By LIM SOON NEO THE popularity of golf in Singapore has created a large and growing market for golf equipment here. Trade statistics show that imports of golf balls, club 6 and other equipment, which totalled $10 million in 1980, increased353 words
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187 1984-05-04 2 AUSTRALIAN flair from 30 exhibitors will dominate the sixth international houseware and furnishings show tomorrow. Homemakers '84, a nineday exhibition of home products and services at the World Trade Centre, has attracted more than 200 companies from 15 countries. The Australian national group has taken187 words
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337 1984-05-04 2 JOHN LIM - By JOHN LIM NEMIC-LAMBDA, which makes power supply units for use in computers, robots and telecommunications as well as medical equipment, expects a surge in business over the next few years. The company's optimism has no qualifications attached recession or not. Nemic-Lambda, which represents American337 words
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Article160 1984-05-04 2 THE eleven-year-old Advertising Media Owners Association of Singapore (AMOAS) wants a new logo to mark its growth and maturity. The AMOAS is offering a 11,000 prize to the winning logo design, which will be selected by a panel of judges. The association has 22160 words
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285 1984-05-04 2 AS THE three-year lease which most of the retail shops at Changi Airport hold draws to a close, the Department of Civil Aviation (DCA) has been railing for tenders for the existing and new shop space. The DCA has been awarding tenders intermittently,285 words
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Article, Illustration389 1984-05-04 2 ARAB Banking Corporation, Singapore branch, has appointed Mr Mlcfcael Anthony O'Sbea to chief dealer foreign exchange and money market. Mr O'Shea was previously treasury manager with Ulster Bank Ltd in Dublin. NATIONAL Australia Bank's new regional representative and chief manager, Mr E J McLend, has taken up389 words
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446 1984-05-04 2 THE National Productivity Board is reviewing all training-related activities in Singapore. This will help the board to streamline its own training programmes as well as evolve an effective curriculum development and evaluation system. The board stated yesterday that it felt the review was timely as446 words
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264 1984-05-04 3 THE Japanese government is prepared to invest an estimated $50 million over the next five years to promote Asean friendship. Under its "Friendship programme for the 21st century", a total of 3,750 young adults from the seven Asean countries will visit Japan.264 words
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136 1984-05-04 3 THE Archives and Oral History Department will be recording the social experiences and economic lifestyles of the various Chinese dialect groups in Singapore. This is part of an ongoing oral history project by the department to record and preserve Singapore's cultured heritage. Documentation work on136 words
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559 1984-05-04 3 BOEY KIT YIN - By BOEY KIT YIN THE NETHERLANDS was Singapore's fourth largest trading partner in the European Economic Community last year in spite of a continued decline in trade. Total trade in 1983 amounted to slightly more than $1 billion, a 14 per559 words
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306 1984-05-04 3 CHEN QINGSHUN - By CHEN QINGSHUN ANOTHER concrete institute will be set up in Singapore tomorrow when the local chapter of the American Concrete Institute (ACI) is inaugurated at the Shangri-La Hotel. Mr Robert Lee, general manager of TY Lin Southeast Asia (Pte) Ltd, and president of306 words
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210 1984-05-04 3 THE first air service between a number of Malaysian tourist destinations and Singapore will be launched by the Malaysian Air Charter (MAC) in Kuala Lumpur on May 25. The daily flights from Kuala Lumpur to Singapore via Malacca will take off at210 words
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Article428 1984-05-04 3 JOANNE YAP - By JOANNE YAP SUPPLIERS will soon be able to assure customers that they can manufacture goods to meet the quality desired. With the introduction of a Good Manufacturing Practice Scheme, initiated by the Singapore Institute of Standards and Industrial Research (Sisir), a company's manufacturing capability will428 words
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Article141 1984-05-04 3 A NEW course designed to find out how effective quality control circles are will be launched today. The National Productivity Board's new QC circle evaluation course aims to teach participants how to judge QCC activities and case studies for best results. Due to the growth141 words
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Page 2 Advertisements
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Advertisement24 1984-05-04 2 Disksafe .V f r o^l i Wa t&J Y)o> W 7 < FREE with purchase of 3M diskettes. Available at all authorised 3M dealers. jsßssaa—3M24 words
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Advertisement196 1984-05-04 2 ENJOY A RUSSIAN HOLIDAY ENROUTE TO ITS FUN AND ECONOMICAL 4 i j 2*L Millions of tourists visit the USSR every year. See MOSCOW The capital of the USSR and the world s first sociahst state Rich in history architecture culture, painting, music and scenic spots Sm LENINGRAD The second196 words
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Page 3 Advertisements
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Advertisement99 1984-05-04 3 PROPERTY INVESTMENT OPPORTUNITY An established property group with a substantial land bank in Southern Johor seeks business partners/investors for joint-venture development of its projects. Outright sale may also be considered. Major projects comprising commercial, industrial and residential development already in progress. Total turnover value of projects exceeds $500 million. Excellent99 words
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Advertisement132 1984-05-04 3 gift of love from tffiee generations. 53 m V a V it f 41 I*l X 4 *r m v <. i s> y ft rr >. V ?> r-' Mr4ttfc m* S' T j. Where does any family get-together seem like a special occasion? Where else but the Shang132 words
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OVERSEAS
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765 1984-05-04 4 NYT PLAGUED by overcapacity, uncertain demand and the prospect of new competition from the Middle East, Europe's oil refinery industry is going through a time of profound change. Some major players, like Gulf Oil, have abandoned the game. Others, like Exxon and Shell, are struggling toNYT - 765 words
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139 1984-05-04 4 AFP THAILAND'S government budget expenditure for the 1984-85 fiscal year will total U559,261 billion, an increase of 10.94 per cent over this year's, the Budget Bureau said on Wednesday. Of the total budget outlays, the largest slice will go to national security withAFP - 139 words
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249 1984-05-04 4 AP MORE THAN 10,000 striking miners picketed a prosperous pit in the centra] England region of Nottinghamshire on Wednesday in what the state-run National Coal Board described as "an attempt at intimidation on a massive scale". Haworth Colliery witnessed the largest picketingAP - 249 words
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186 1984-05-04 4 AFP METRO Manila's inflation rate zoomed to 40 per cent in February, the highest since World War n, according to official figures released by the National Census and Statistics Office. The rate for all of the Philippines was slightly lower at 36.6AFP - 186 words
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Article, Illustration410 1984-05-04 4 AFP BRITISH Prime Minister Margaret Thatcher on Wednesday indicated after talks with West German Chancellor Helmut Kohl that there was little scope for compromise over the budget problem facing the European Economic Community (EEC). Referring to the demand by Britain that its net contributionAFP - 410 words
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233 1984-05-04 5 FT THE BATTLE against inflation in the European Economic Community has shown signs of slipping in the first quarter of this year with rising consumer prices in West Germany, the Netherlands and Denmark. In the past four years, the 10 have had importantFT - 233 words
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497 1984-05-04 5 UPI Reuter THE Reagan Administration yesterday distanced itself from Trade Representative William Brock's call to end its import quotas on Japanese cars next year. Vice-President George Bush, in backing away from Mr Brock's opposition to curbs on Japanese car imports. said Mr Brock wasUPI; Reuter - 497 words
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631 1984-05-04 5 Th# join Murder NST THE Hongkong High Court heard yesterday that Malaysian Mak Foon Than was a regular visitor to Hongkong and stayed at expensive hotels, usually "under confidential cover". Chief Inspector Norman Mackillop, cross-examined by defence counsel, Mr Colin Muscroft, said: "We foundNST - 631 words
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544 1984-05-04 5 TENGKU Razaleigh's statement in full: 41 AM shocked to learn of the wild and blatant lies levelled against me and Malaysian government ministers in the statement allegedly made by Mak Foon Than. They are wild and blatantly dishonest statements intended to have serious544 words
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Page 4 Advertisements
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Advertisement1027 1984-05-04 4 BALANCE SHEET 31 December 1983 SHARE CAPITAL Authorised Shares of Ssl each Issued and Fully Paid Shares of S>l each RESERVES Statutory General Total Capital and Reserves DEFERRED TAXATION CURRENT LIABILITIES AND PROVISIONS Bank overdraft Time deposits Accrued interest on time deposits Other creditors and accrued liabilities Taxation Proposed dividend1,027 words
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Article724 1984-05-04 5 ARRIVALS Service Local Operator Number Tine From PAA PA5 0020 JFK/SPO/HKG 'SV SV379 0030 SEL MAS MH681 0620 KUL CAL CI010 0825 JED/DHA MAS MH601 0906 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN SWR SR176 0945 ZRH/BKK RBA BI421 1000 BWN SIA SQ103 1005 KUL724 words
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Page 5 Advertisements
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Advertisement49 1984-05-04 5 t •V: ,r m ■I *">• A v N'~ „•>' &*rJ k ■X. We believe few others match our range of Business Class service extras. But perhaps the most exceptional bonus is I the gentle way our hostesses care SiNGAPORE A/RUNES for you as only they know how. BUSINESS CLASS49 words
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RAW MATERIALS
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Article558 1984-05-04 6 UPI AMERICAN agricultural analysts believe a sharp increase in Chinese farm together with increased internal distribution of grain, may signal a long- term slowdown in Beijing's grain imports. new policies translate into reduced foreign grain by Beijing, they Would have a tremendous impact on AmericanUPI - 558 words
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138 1984-05-04 6 AP [AMERICAN commodities experts in Tokyo expect "swift internationalisation" the Japanese futures ;sMket. A Japanese government study on the internationalisation of the futures market to be completed next year ,wUI probably be positive regarding regular bond futures, John Damgard, president of the Futures IndustryAP - 138 words
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Article413 1984-05-04 6 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 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, Special413 words
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Article145 1984-05-04 6 TRADING in nickel and zinc on the London Metal Exchange increased sharply during the first four months of this year, while trading in the traditional market leaders, copper and aluminium, declined markedly. Nickel's turnover jumped 45 per cent in the JanuaryApril period compared with145 words
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Article209 1984-05-04 6 SOYBEAN futures climbed to new highs to close 22 \t to 4V« cents a bushel higher. May finished at the top of a 20 Vi-cent range. Limit-up soyoil, amid professional buying, boosted soybean values. Trade anticipation of Wednesday night's Mexican soybean tender, along with other export business, lent support209 words
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Article160 1984-05-04 6 CHINESE Pradaee Exckaage, Singapore, elaslag prices per 1M kg ea Sa tarda y. Caesaat all: Bulk fob $194.00 sellers, old drum (in second hand drum) fob $207.00 sellers, new drum fob $211.00 sellers. Ceprs: Mixed (loose) $110 buyers. Pepper: Muntok white pepper fob Asta NLW $652.50 sellers, Sarawak160 words
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Article315 1984-05-04 6 RUBBER market in Singapore closed lower yesterday with May One RSS buyers quoted at 207.50 cents a kilo, down 1.50 cents from Wednesday's close. The morning session opened slightly higher on firmer London advices and light buying support but fall back later on cheaper offers of May and June315 words
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Article314 1984-05-04 6 RAS prices In centt per kilo yesterday Noon (per Ulo) Bqm Seller* Int. 1 R S-S prompt f o b 306.00 207 OON Int. 1 R.S.S May 206 00 207 00 Int. 1 R.S.S June 307 75 n 2 tat. 2R-S.S 306 00 207 OON UK CWT 204314 words
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Article117 1984-05-04 6 NOON S8R and 9 ■AS MR prion ymurday May J, (Carraat MUI (Forwa ir* MU) ll-taa paUat) 1MS0 101 JON 200 y 1 202. SON Ii4aip*() us. oo aooooN 200 0C i mam MSI KLB May Jaaa 8MB SMH SMR SMR SMR SMK SMR ICV IL It117 words
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Article114 1984-05-04 6 WHEAT futures closed from 6 to 3Vt cents a bushel higher on the Chicago Board of Trade on Wednesday in moderately active trade. Prices finished at the top of a four-cent range. Continued strength in soy oil, soybeans and corn prompted sympathetic buying in wheat. Tuesday's announcement of export114 words
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Article1105 1984-05-04 6 COFFEE: Futures ended the morning £6 a tonne higher to £5 lower yesterday, after values rallied from the morning's lows on light Jobber buying. Near July finished the session £1 below the top of the morning's £2,118/2,103 range compared with £2,114 bid at Wednesday night's close. Dealers said1,105 words
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Article62 1984-05-04 6 Straits Tin THE Straits tin price in Penang yesterday stayed at the ITA floor level of MJ29.15 a Idlo, reflecting continuing absence of foreign demand. The buffer stock manager absorbed the bulk of the 157 tonnes offered, down from 616 on Wednesday, and there was a62 words
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324 1984-05-04 6 Reuter PLANS by Indonesia to increase soybean output to 1.48 million tonnes in 1988 from about 600,000 tonnes last year are very ambitious, according to foreign agricultural experts in Jakarta. A foreign analyst described the target as "beyond the realms of the possible." UnderReuter - 324 words
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Article180 1984-05-04 6 MALAYSIAN crude palm oil market finned yesterday on continued buying and covering interest, with higher Chicago soy futures and Pakistan's weekly tender boosting sentiment. May deliveries in the north region rose M 137.50 to $1,687.50 a tonne and south $35 to $1,685 while June north firmed $25 to180 words
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Article284 1984-05-04 6 VABN prices quoted in Hongkong yesterday in HK dollars per bale of 400 lbs. CirM yam m mm: Blue Phoenix 16's 3,550, 20's 3,600, 32's 4,150, 40's 4,600. CmM yan la kuk: Blue Phoenix 21's 3,660. Cmbad yara m mm: Blue Phoneix 32'« 5,800, 40's 5,900. Opea-eai yan: Blue284 words
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535 1984-05-04 6 Reuter THE Malaysian government will carry out a new study to determine the country's attitude and approach in rubber production. Prime Minister Datuk Sen Dr Mahathir Mohamad said the government would also carry out its own research on wider usage of rubber.Reuter - 535 words
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Page 6 Advertisements
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Advertisement54 1984-05-04 6 fcl f "S>l 4/ j lAN CHONG TOWER Ideal accommodation for overseas consultants 28 units of service apartments Within CBD Minimum one month's lease In-house cleaning services Complete with furniture, kitchenware and linen For details, call Leasing Executive Tan Chong Realty Re. Lid. 15 Queen Street, #05-01, Tan Chong Tower,54 words
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Advertisement29 1984-05-04 6 CLOSING PRICES Rubber May 3 Singapore: 207.50 cents (down 1.60 cents) Malaysia: May 230.00 cents (up three cents) Tin: M 929.15 per kilo (unchanged) 157 tonnes (down 459 tonnes)29 words
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Advertisement22 1984-05-04 6 For details write to Lombard North Central PLC. Banking Services Dept 510. 17Bruton Street. London WIA 3DH. England Telephone 01 409 343422 words
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BANKING AND FINANCE
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282 1984-05-04 7 Reuter THE OUTLOOK for an orderly evolution of the US banking system remain uncertain, as banks' efforts to circumvent existing laws are running ahead of legislative attempts to change them, US Federal Reserve Board Governor Henry Wallich said. "The present situation urgently callsReuter - 282 words
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563 1984-05-04 7 Reuter CITIBANK has given a new twist to the row over interbank deposits frozen at its Manila branch by asking a Philippine court to pass judgement on the issue. The dispute over US$375 million of funds still blocked by Philippine foreignReuter - 563 words
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Article265 1984-05-04 7 Reuter A Manila-based private research organisation has predicted the Philippine peso will fall by 72 per cent against the US dollar this year and by a further 60 per cent in 1985. The Centre for Research and Communication (CRC) says in its latest economic forecastReuter - 265 words
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369 1984-05-04 7 Reuter j A PRIVATE borrower has fUed papers in Manhattan Federal Court seeking status to bring a class action suit against Manufacturers Hanover Corp (MHC), on grounds the bank misrepresented its true prime lending rate. According to court documents, Manufacturers Hanover agreedReuter - 369 words
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474 1984-05-04 7 ALVIN TAY - By ALVIN TAY SINGAPORE'S organised and well-regulated financial supermarket has attracted the first and biggest Irish bank to its shores, again at the expense of Hongkong. The chairman of Allied Irish Banks (AIB), Mr Niall Crowley, said at the bank's official opening yesterday that474 words
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583 1984-05-04 7 NYT ALTHOUGH American banks benefited from a USJSOO million loan that the Treasury organised recently for Argentina, senior Treasury and Federal Reserve officials testified in Congress on Tuesday that this had not been their main objective. The loan agreement helped the banks "avoidNYT - 583 words
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566 1984-05-04 7 NYT CHANGES in the US money supply are still closely watched in the financial markets, but recently traders and investors have been paying more attention to the impetus for higher interest rates coming from a rapidly expanding economy, growing credit demandsNYT - 566 words
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Article230 1984-05-04 7 THE US Treasury will need to borrow US$45 billion to S5O billion in the July to September period and $31.8 billion in thfc current quarter. Undersecretary Beryl Sprinkel said that including the refunding auctions next week, the Treasury will have borrowed $12.5 billion so far this quarter. THE230 words
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166 1984-05-04 7 PROSPECTS of a higher gold price are moderate at present but the dangers of it falling to well below January levels have also receded. The current dull conditions may persist for a while until a stronger market is sparked off by a change in166 words
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MONEY AND EXCHANGES
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Article23 1984-05-04 7 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.60 per cent.23 words
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Article187 1984-05-04 7 ASIAN ASIAN currency deposit Interbank rates as at 5 pm on May 3: US Dollar* 7 days Offer Bid 10 13/*****1/16 1 month 10 13/10 10 11/10 2 months 10 15/10 10 13/10 3 months U* 11 6 months 117/10 115/10 0 months 11* 11H 12 months 12 11% Du.187 words
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Article44 1984-05-04 7 RANGE of prices offered by discount houses on May 3: Overnight: 3V4 Call deposits: 3 3 V. Closiu Bayiaf Selliaf 3-month Treasury bills 215/1« 213/1# 3-month Bank bills 8H 8H 3 months CD 8H 8 8 months CD 8H 8 Sawee: NittwU Mac—<Ca.44 words
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Article388 1984-05-04 7 THE Singapore dollar closed slightly firmer yesterday at 5J2.0670/80 against the US dollar compared with Wednesday's 2.0875/85 close. ■■tartaak farward rata* at Spa: One Month 2.0M1/2.0W Two Months 2.0809/2.0824 Three Month* 2.0779/2.0795 SJ* Months 2.0655 2 0675 The local currency was unchanged against the Malaysian dollar and the388 words
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Article210 1984-05-04 7 EARLY dealing was quiet with most business being interbank trading. Trading was mainly technical, with no fresh factors evident. Sterling was firm overall. While some commercial clients have cashed in on the pound's level against the dollar, the UK miners' dispute still clouds sterling. The pound opened marginally harder210 words
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Article215 1984-05-04 7 a j GOLD futures trading was at a standstill in Singapore 95 yesterday owing to a lack of gg interest and prices closed firmer reflecting the rise in -1 overseas markets, w Prompt closed firmer at ;e USJ379 381 an ounce against t New York's $378.00/378.50 h close and215 words
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Article42 1984-05-04 7 M. VM TM New York 9 Q5B 8 97B 910S 9.02S Zurich 8. KB cloat 9 03S clow Am We* 1 "d >d Singapore 9.08B 8.95E 9.13S 9.00S Closing price* in US dollars a trov ounce. I Source: Credit, S'pore42 words
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Article82 1984-05-04 7 THE US dollar eased against other major curren- cies yesterday after the 1 European opening, at the 5 end of a day on which it was i guided by technical factors rather than economic funda- mentals. c Banknote rates yesterday: (HK per one): US 7.T95/7.815 UK 10 85/11.05 Brunei82 words
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Page 7 Advertisements
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Advertisement155 1984-05-04 7 fCAMPACffr Japanese Restaurant NOW IN SHENTON WAY *f v. 7 Savour Kaiseki at the newly-opened Kampachi in Shenton Way. 15 debcatc, y P re P using the freshest ingredients flown m you want a light lunch or an elaborate dinner, the Kampachi offers a selection of delightful dishes like Sashimi,155 words
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Article518 1984-05-04 8 FACTORY or friendship bureau? The distinction gets a bit blurred when factories invest in getting their production staff to "introduce a friend". It is an expensive game which factory managers would rather not play. And costs are escalating. It used to be that the factory worker518 words
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Article, Illustration963 1984-05-04 8 WANG LOOK KEAH - By WANG LOOK KEAH WHEN Singapore decided at the turn of the decade to head its industrial sector into the hi-tech route, the most obvious and quickest approach was to attract foreign companies with the technology to invest here. But as Dr Vincent Yip,963 words
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742 1984-05-04 8 GREG MACARTHUR - By GREG MACARTHUR AP WESTERN Europe, where about 12.9 million people are out of work, is looking to a new industrial revolution to help it through its economic crisis. The European Economic Community (EEC) in February ap- proved a five-year, US$l.3-billion 5 ESPRIT researchAP - 742 words
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Page 8 Advertisements
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Advertisement115 1984-05-04 8 —0«r VUSI- copcvi site IM IA fit* It! J k ,'<*• tm IS The widest seat in the air. Our new Super Club Business class offers you the widest seat in the air. So wide it isn't the easiest to fit through the door. There are now only six seats115 words
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Page 8 Miscellaneous
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Miscellaneous855 1984-05-04 8 1 SINGAPORE 5 2.30PM SBC Teit "Live" Sanoe Pates 3.00 Opening and Programme ffighfights followed by The Web (Mandarin with English subtitles/r) 4.25 Kidsworid (Children's programme) 4.50 A Hole World of CMdren 5.15 Romper Room (Children's programme in English) 5.45 The Kids of Degrassi Street Sophie Mmds the Store 6.10855 words
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Article, Illustration904 1984-05-04 9 ALVER CARLSON - Growing unrest in Latin American debtor countries over agency's reform policies In speech after speech, IMF managing director Jacques De Larosiere tried to explain the role of his organisation, with special emphasis on its lending policy known as conditionality. IMF officials agree privately thatReuter - 904 words
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Article, Illustration837 1984-05-04 9 Reuter OVER the next 20 years the world's major airlines will embark on a fleet modernisation programme to replace some 3,500 ageing aircraft. New planes will replace old workhorses like the Boeing 727 and McDonnell Douglas DC-9 and other short-rangeReuter - 837 words
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572 1984-05-04 9 Reuter THE stars of India's film industry, the world's largest, are turning to real-life political roles and gearing up few the performance of a lifetime in general elections due in the next eight months. The latest star to enter politics is Jayalalitha, a glamorousReuter - 572 words
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Page 9 Advertisements
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Advertisement142 1984-05-04 9 The three secrets of success discovered by hundreds of thousands can now be put to work with... Putting Jhe One Minute Manager to Work is a companion volume to The One Minute Manager, the hugely successful international best-seller which has sold more than a million hardback copies and has been142 words
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Page 9 Miscellaneous
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Miscellaneous555 1984-05-04 9 LI -11-on CROSSWORD CRYPTIC PUZZLE v ACROSS 4 Entertainers who give a tunny little hiss (6) 7« Scene of the big bang (8) 8" Ranted about a bird- man? (6) 10* They are innocent of I concocting balms (5) 13* Slow to start, perhaps, and easily caught (4) 14 He555 words
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Page 10 Advertisements
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Advertisement170 1984-05-04 10 Where to wine, dine and entertain today.^^^^*^,*^. tW/WV- card that Incorporates the feature* of a credit cant charse card. <*mu»V cara incorporates the features of a credit card, charge card, cbeque'card, cast card and purchase card neatly into one. Call Julia at *****97 (20 lines) tor an application form k170 words
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Advertisement246 1984-05-04 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 Hhfe' the Fountain Lounge. Century Park Sheraton* Singapore Where style surrounds you Nassim H* Singapore 1025. Tel *****77 Tetex CPHSIN RS *****246 words
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Advertisement277 1984-05-04 10 -W Pafaffioant Hotef^ the happy people go TO Wf <■ A special garden atmosphere wftere time never runs out. Here, master chefs prepare delicious and lingering tastes from gourmet style to simple meals. SPECIAL FEATURES: Oaity Buffet Breakfast $11.50 DaHy Sat Lunch $12+ Chaf Recommends tastes of Singapore Datty MldnHe277 words
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Advertisement202 1984-05-04 10 a' This evening, the Trade winds fan seafood to a sizzle. C Oi I V, A seafood barbeque on the roof of the Hilton under a canopy of stars. What could be more tempting? An array of fresh seafood awaits you every Friday from 7 pm 10.30 pm. Be in202 words
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Advertisement131 1984-05-04 10 C<iirohill Louogc |»fCsCOIs V-'* -SJ-: V«; f Lia m b Tony I^^sbSb to 1.45 am 20%dtvcount off drinks from 12 noon to 7 ptn N Abo featuring "RHYTHM 4 TEENS" from tht Philippines Rtkx In cool comfort with drink from our wll-itock»d bar. pAtrnKMiii mmi m 19, Ciimhlll Qrcfc, >131 words
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INTERNATIONAL STOCKS
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Article233 1984-05-04 11 MAY 09 All Sincere Indus NT S 936 -OJS Chem Indus Lien Hva Indus Nan Ya Plaa 2SJ0 10JO 39.40 09 +02 Aa Cement Cathaj Cone Chant Hwa Bank Chen Loons Chla Hmln Cement China Chem China Dee 33J0 3130 36.00 28 70 +07 +01 -1 0.8 Pacific Cons233 words
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Article178 1984-05-04 11 SHARE prices closed mixed yesterday in quiet trading centred on cement and finance issues. The Book Club index fell O.UD point to 117.84 on turnover of 120.9 million baht with 541,974 shares traded. Jalaprathan Cement fell one baht to 136 baht and Siam Cement and Siam City Cement lost178 words
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Article125 1984-05-04 11 SHARE prices closed mixed yesterday in continued dull trading. The mining marker was down 12.02 at 1,063.20 and the commercial and industrial index was off 0.070 at 132.10 but oil issues were up 0.018 at 0.775. Oriental B rose to 0.016 from 0.015 but PLOT fell to 45.00 from125 words
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Article67 1984-05-04 11 MAT 08 Dm Acc-Telafunktn 97JOB BASF ***** BMJT 175JO BMW 401 JK 11 3 Commtntant i«nm CooU Oufflml 133J0B DaJaJar-Ben* nam 1J -ft +5 Hoaehat laUB ♦4 Ho«jeh 114MB Horten if «1 Karttadt rxooB KHD S3T LfnO» 3MM Mm——nn 1MM j PWllp» Komm SMM tU WM +a ?T* 8767 words
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Article372 1984-05-04 11 SHARE prices closed lower in quiet trading yesterday, with the market lacking fresh incentives. Among leaders Cheung Kong fell 35 cents to 18.65, China Light 10 to $11.90, Hang Seng Bank 75 to $37.00, HK Electric 15 to 15.80, HK Land five to 13.15, HK372 words
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Article189 1984-05-04 11 MAY OS Franca Action* Bull—■ mOO -1 AJuaulaee Br. OB +7 Alusulaee Rn 301 J Brawn Bowl Br. Iflg +S CXbm. (Mor Br. BOO +18 CU»(MfjrPC 1000 +40 Clba OUp Rm. MM Credit Suun w UK +10 Cradlt Bullae Ref 434 +7 Dektrowatt Br. M00 -M Qeorje Flacher Br189 words
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Article200 1984-05-04 11 MAY OS O Abiubl «u Aican Algoma Bank Mont Bank Nova Scotia Bell TBI BP Can Ltd Braaran Can Imp Bk Can Prm Mc Cannae 3»% 4* M 4* lit* M -fit Z2H 41* J"* unch unch Carting OKeeto Cmbl Rd Lk Cn Burn a A Com In co200 words
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Article54 1984-05-04 11 MAY oe Kronor Alfa Laval B rrw._ ao Aaaa B m» KB Aatra B Tree 515 AlUl Copco 130 Erlcaaon B Fnt m 330 Eaab Fret M unc UfM S K Banken MS 400 Sandvik B Fr«# Skandla 306 Skf B Free 222 400 4 1 Volvo B Free54 words
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Article1370 1984-05-04 11 NEW YORK THE market closed higher on Wednesday for the second consecutive day but activity slowed from Tuesday's brisk pace as investors' attention turned to secondary issues at the expense of blue chips. The Dow Jones Industrial average, which added a total of about 141,370 words
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Article523 1984-05-04 11 INVESTORS pushed share prices higher yesterday in moderate trading on Australian stock exchanges with BHP leading the market. At the close, the All Ordi naries Index was up 6.0 points at 767.1, the All Industrials 6.5 at 1005.5 and the All Resources 5.6 at 577.7. BHP closed 25 cents523 words
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Article174 1984-05-04 11 MAT a rr» GROUP B CORBKILLE Carrefour MIS ♦T Alr-Uqukte Aqultalne Nat Dm PMrolt *15 M rumicim de L "Union Lafarae Mm1 llinn—sj Mi iasi •1 ♦AS SI AS -IS -s B 8 N Oervata Danone CBr (Thwwnn- mo MUI 30 M Opfl-Parlba* W—■m MUO MM SM UHVi/r v174 words
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Article171 1984-05-04 11 MAT OS ABN *«fo« Ahold Akao AMXV Amfu Amrobnk Pto moo inm in oo 8330 152.00 ZZZ oo -0 ili 1 ♦*7 I -0.7 Hundou Into Ifullcr Khfc KLM Naardcn ZZZ National Nad Nadlloyd Nmb MM 34 JO ***** 1TOJO 37 JO mm 230 00 ***** -OA IJ A3171 words
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Article284 1984-05-04 11 MAY OS Rind INDUSTRIALS Un Steel Unlace Wool worth 140 M6 UB 9 -9 B A Alpha MOB MININGS A bercom AK And CI as no -9 10 Anglos M15 isr* 490 3100 uneh uneh 10 B An«lvaal 7000 uneh Barlows C O Smith Chokers cit A Currle Finance284 words
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Article81 1984-05-04 11 MAT OS m FORWARD MARKET Afar Artod 1M AMur 700 Cupte Cock Da Bam i« 19U m «a rm rm i l i i 10 -a unch DKUOtWi 10 Ob-lnno-Bm OOt On Or Bra Lub □at 1 -10 i Hobo* SMC IM 1 *7D Pat™ Rjj1jp«eh I zi«e -m81 words
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Article89 1984-05-04 11 MAT M Bwlofl CMunk Ort Cood Acqu* Room EiKUnka Plat Ord OcnanUI III Prt* luinmtnu CM ItklfU Upttlt Ord Madlotenca Mtteno Aa Old Mondadorl Ord Mondadorl Pm Monladlaon OUmu Ord Ptralll And C Pirelli Spa Lire iDJs -m MHO «100 um IM 2 MO unch 41M JT750 *m jaas89 words
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Article116 1984-05-04 11 Reuter EASTMAN Kodak expects strong earnings for the rest of the year because of the robust business recovery and further contributions from its cost-effectiveness programme. The company reported on Tuesday first quarter earnings of U*****.8 million, up from 1136.8 million a year before. The 1983 netReuter - 116 words
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618 1984-05-04 11 THE London International Financial Futures Exchange has opened a futures contract based on the new Financial Times-Stock Exchange 100 share index. At the same time, the London Stock Exchange has opened options on the index. The new contract is the London exchange's618 words
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545 1984-05-04 11 Reuter BROWN, Boveri und Cie AG expects slightly higher turnover and satisfactory 1984 results after higher 1983 earnings, in spite of clear foreign risks. First quarter 1984 has ful/illed expectations, chairman Herbert Gassert said, adding that the year's turnover should be rise by less thanReuter - 545 words
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167 1984-05-04 11 Reuter THE total asset value of state-owned British Telecom has been set at £8.96 trillion prior to its planned privatisation this autumn. Trade and Industry Secretary Norman Tebbit said that the company's capital structure will comprise £2.75 billion of government debentures, carrying anReuter - 167 words
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Article347 1984-05-04 11 Reuter MARSH A Maclennan now believes its pre-tax losses without consideration of possible offsets will amount to about US$l65 million, up from its earlier estimate of a $120 million pre-tax loss. The company said earlier that its after-tax loss is estimated at abouts 60 million. ItReuter - 347 words
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Page 11 Advertisements
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Advertisement150 1984-05-04 11 iYou can taste it ;with your eyes lAt Pin Hsiang Restaurant, Singapore's NEWEST addition to good, traditional Sichuan cuisine. Conveniently located next to the Shangri-la Hotel. At the RELC Building. With ample FREE parking facilities. We also cater for weddings, anniversaries, etc. And have private function rooms. F™ P Pin150 words
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2328 1984-05-04 12 BID and .offer prices officially lUted and business In and reported to the Stpck Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts Are quoted after2,328 words
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Article2976 1984-05-04 12 1M4 Hlfk Low Coapujr Last Sale Gr's DW DW +or- Crr SECTION ONE Or"! Net rw P/E Vol Day ('OOO) High Law 172 120 A M D B 90* 310 252 Acma 505 200 Alcom 280 240 Allied Choc 275 243 BAT 23* 380 320 Bata U12,976 words
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Article190 1984-05-04 12 Mangers' pri I if SING APOBE UNIT TBI The Commerce IS The Savings Fund 1.92 S pore Prog Fund 1 40 S pore Sec Fond 216 S'pore Invest Fund 116 S'pore Equity Fund 1.# BT 3.50 2.04 L« 2.29 1.23 1.48 DIAMOND MOT Diamond S'pore Fd(USI) St LYC-AFT190 words
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Article2248 1984-05-04 12 BID and offer prices officially luted and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. DfDUBTBIAL£ Ateam (2.378 2 MS) (3) 2.37 (2) 2.3» Aatok (1.998) (4)2,248 words
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Article645 1984-05-04 12 t) AN EARLY bout of panic selling hit the stock market i yesterday as investors reacted bearishly to latest goings-on in the BMF affair in Hongkong The selling tide later subsided although > the overall mood remained cautious and easier. From the opening bell, 1645 words
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COMPANY NEWS
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480 1984-05-04 13 PAPER Products (M) Bhd has blamed its high financial charges and losses incurred by its Singapore subsidiary for its dismal year-end performance. For the 12 months to December 1983, Paper Products was in the red with a consolidated operating loss before tax480 words
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435 1984-05-04 13 Town City Properties turns in lower earnings -TOWN ft CITY Properties -»Ltd, the listed vehicle of Indonesian tycoon Hendra Ra•hardja, has turned in lower "Earnings for the year although sales improved com*mendably. For the year ended Dec .Stt, 1983, Town ft City posted group pre-tax profits of $3.31 .million against435 words
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995 1984-05-04 13 NYT PETER N Brant, a key figire in the case involving the "Possible misuse of articles from the Wall Street Journal, has now been linked in a lawsuit to a company that has also been central to the investigation. According to the suit.NYT - 995 words
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Article154 1984-05-04 13 Reuter PLAYMATES Holdings Ltd plaas to offer 44 mllUon M H K cent riMTH to toe pa bile by mid Jut, i«le sederwriter, Schredera ud Chartered Ltd, said. Aatheay L«, utotoat director ef Schredera, said the appiieattoa far the fletattoa he forwarded to three steek exchanges,Reuter - 154 words
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Article762 1984-05-04 13 Market Talk... IN ITS LATEST investment newsletter, local s*' roking firm, Alfa-Pa Securities (Pte) has singled out the shares of Fraaer A Neave (PAN) as a blue-chip stock with growth and earnings prospects. Being long-established in the manufacture of carbonated soft drinks, the FAN group has762 words
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273 1984-05-04 13 TIME Engineering Bhd has reported an almost 14 per cent increase in group pretax profits to $4.9 million for the year to Dec 31, 1963, compared with $4.31 million previously. The improved earnings were achieved on a sharp increase in turnover to $40.16 million from273 words
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Article723 1984-05-04 13 NYT THIS IS fine-tuning time for Wall Street opinion. The first trading dav in May seemed like old times, with the Dow Jones Industrial Average jumping 12.25 points, to 1,183. The market's best-known barometer and trading volume on the New York Stock Exchange both setNYT - 723 words
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Article1235 1984-05-04 13 Arm* Carreat Ex Beaka Date Itoal far TetaJ far TSK? S2ao ST* SET Kr" A EitorprtecM AJLaamau Aleean if**"' Apr 17 Apr 30 May 22 22% Apr 34 May 5 May 19 20"* May 21 May 22 Jun 21 5% 22% 18.2%<a) 5% Ariatfc Dev BAT B Raya1,235 words
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Article131 1984-05-04 13 THE Iasaraaee CerperatfMi •I Stfapre Limited: Fourteenth AGM to be held at the DBS Board Room, 46th Storey, Tower Block, DBS Building, 6 Shenton Way, Singapore 0106 on May 7 at noon. AMBA88ADOR Hetel Limited: Eleventh AGM to be held at Orchard n, Orchard Hotel, Orchard Road Singapore131 words
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Page 13 Advertisements
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Advertisement191 1984-05-04 13 in the matter of the COMPANIES ACT CAP. 185 SINGAPORE OXYGEN PTE LTD (la Members' Vdutan IJquJdatUa) c NOTICE IS HEREBY GIVEN In pursuance to Section 272( 1) of the Companies Act, Cap. 185 that a final meeting of the abovenamed company will be held at the office of Coopers191 words
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Advertisement63 1984-05-04 13 BANK BUMIPUTRA MALAYSIA """IP SINGAPORE BRANCH $50,000,000 U.S. DOLLAR FLOATING RATE NEGOTIABLE CERTIFICATES OF DEPOSIT DUE NOVEMBER 6, 1985 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from May 4, 1984 to November 4, 1984 the Certificates will carry a rate63 words
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Chief Price Changes
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Article178 1984-05-04 14 Rises Ayer Hitam Rub 2700 500 Jacks lot 530 20 F A C B 50( 382 18 Utd Malacca 960 10 C A S H 50« 412 10 H Royal 188 6 B«rjuntai 510 5 Dualop Ind 452 4 ANA Hotels 97 1 Hind Hotel* 78h 0Y> Falls Suagei178 words
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Article, Illustration163 1984-05-04 14 THE SINGAPORE stock market wm driven brsadly tower yesterday m repsrte that Malaysia's Finance Minister may ke Involved In the BMF-Carriaa crista. The Straits Times Industrial Index fell 14.17 pslnts to etose at M.1S while the Business Times Campsstte Index was marked dawn tJ6 pslnts at NSJt. Rises163 words
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Article285 1984-05-04 14 THE deadline for the splitting of Kaala Lumpur Industries' rights issue shares is 4.30pm on June 1. The last day for acceptance, renunciation, excess shares application and payment is June 22 (4.30pm). MPH Investments (Singapore) bought 25,000 shares in Hotel Tai-Paa Ltd on April 24 $25,160. SOUTH Malaysia285 words
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Article36 1984-05-04 14 ALUMINIUM Ctmpmay rf Malaysia Bkdi Gtonp opera ting Imb of MSHMM turnover of $85.12 mllllea tor 1983 ($6.53 million pre-tax profit m 5M.34 million sales in 1182). Final dividend of 1.5 cents tax exempt proponed.36 words
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Article, Illustration545 1984-05-04 14 CHAN OI CHEE - RUM n Companies Editor: ALAN LEE By CHAN OI CHEE WEARNE Brothers Ltd has acquired a 10 per cent stake in the once lossstricken United Engineers Ltd, a move which analysts feel could lead to a merger of the two OCBCaffiliated companies.545 words
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Article, Illustration358 1984-05-04 14 CHUAN Hap Marine Ltd has galaed a foothold in China threagh its Joint venture with Gaaagzhoa Audi* ft Electric Appliance Factory to develop, assemble and market micreeempaters. Chaan Hap, threagh Its SI per cent awned subsidiary' Lityaa Deveiopmeat, signed an agreement with the358 words
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614 1984-05-04 14 AMY CHEOK - By AMY CHEOK THE GREAT Eastern Life Assurance Co is living up to its name as one of the largest assurance companies in Singapore and Malaysia. Last year, it recorded an impressive 31 per cent rise in new business sums insured614 words
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939 1984-05-04 14 TEXTILE Corp of Malaya Bhd has pointed out that its proposed merger with Supreme Corp Bhd and its acquisitions of Bukit Ritan Realty Sdn Bhd and Grand Ocean Development Bhd are aimed at improving the long-term profitability of the group. In a circular to939 words
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Article961 1984-05-04 14 THE STOCK market closed firm in quiet trading yesterday, helped by encouraging company news and the higher trend on Wall Street, dealers said. At 3pm, the FT-30 index was up 2.5 points at 921.9, having moved to a record high of 922.3 at 2pm. BP rose 7p to961 words
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Article57 1984-05-04 14 H.K.HANG SENG Thursday 1004.61 Wednesday 1032.64 Week Ago 1070.70 AUSTRALIAN INDUSTRIALS Thursday 1005.5 Wednesday 999 2 Week ago 993 6 ALL ORDINARIES Thursday 767 5 Wednesday 761.1 Week Ago 752.9 FINANCIAL TIMES INDUSTRIALS Wednesday 919.4 Tuesday 915 8 Week Ago 887.6 DOW JONES AVERAGE INDUSTRIALS Wednesday 1186 5657 words
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320 1984-05-04 14 CHAN MAY PENG - By CHAN MAY PENG PUBLIC Finance Bhd, like its parent Public Bank Bhd, achieved good earnings growth last year. It recorded a 27.73 per cent rise in pre-tax profits to M 518.21 million (1962: $14.26 million). This is a vast improvement from the previous320 words
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Page 14 Advertisements
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Advertisement13 1984-05-04 14 THINK FITNESS... THINK FITNESS INTERNATIONAL Let the professionals get y rn i m13 words
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Advertisement185 1984-05-04 14 E3 Wealco A m»tvb»i o) in* Wm«w B<a*rwit G>ouo MARKETING EXECUTIVE Our business is multi-faceted with emphasis in construction, material handling, industrial, engineering and marine equipment. We have consolidated our Singapore operation and now poised to regionalise our business through organic growth. The position should appeal to persons already in185 words
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Page 14 Miscellaneous
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Miscellaneous61 1984-05-04 14 OUTLOOK for today: Showers in several areas in the morning, clearing by early afternoon. Report for 24 hoars prior to 7J9 pm on May S at the airport: Maximum temperature 31.5 Associated humidity 72 Minimum temperature 24.4 Associated humidity 94 Hours of sunshine 9.00 Rainfall in millimetres Trace Total rainfall61 words
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SHIPPING TIMES
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318 1984-05-04 15 LLOYD'S is set to make an unprecedented leap in membership with about 4,000 to 5,000 new names joining this year, chief executive Mr lan Davison has revealed. This means total market membership now just under 23,500 could top 30,000 by the start of318 words
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531 1984-05-04 15 LINDA CHEE - By LINDA CHEE CONTRARY to reports in the UK, Ocean Marine Transport (OMT), the little-known company with aggressive plans for a container service on the highly competitive routes from Europe to the Middle East, Indian sub-continent and Asia, is not a Singapore company.531 words
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PORTSIDES
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Article97 1984-05-04 15 THE Australian and New Zealand/Eastern Shipping Conference said it will raise the bunker surcharge to Australia to A 515.83 per revenue ton from $15.14, and that to New Zealand to U5523.69 per revenue ton from (22.60. Effective dates will be around May 14 for ships to east and97 words
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Article47 1984-05-04 15 Reuter HAIMEN Port in China's Zhejiang province opened to foreign trade, the New China News Agency said. It said the Haimen Port at Taizhou Bay can accommodate 5,000-tonne ships. There are 21 wharves with annual handling capacity of more than two million tonnes. ReuterReuter - 47 words
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Article93 1984-05-04 15 AT the general manager level meeting of the five major Japanese shipping lines (Nippon Yusen, Mitsui OSK Lines, Kawasaki Kisen Kaisha, YS Line and Japan Line) recently held in Japan, it was decided to examine the possibility of introducing a pooling arrangement as a tentative measure of ratonalisation93 words
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Article776 1984-05-04 15 Shipping Lin* Page C«l Shipping Lin? Pw Col Abrx Transport IV 4 Fearo vn 4/5 AC Toejrfer X S FMG-CAVN VI 1 AIM VI 3 Franco-Be lg m 4/5 Ahrenkiel loner vn 5 Frata Shpg VI 2 Alpar VI s Freight links VI 4 Anura Shp« IV776 words
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1289 1984-05-04 16 Lloyd's List IS SUGAR in irreversible decline? Rock-bottom prices, massive over-sup-ply, sluggish consumption and keen competition from alternatives all seem to point to a dismal future for what it is, by volume and by value, one of the weightier commodities traded internationally. But sugar,Lloyd's List - 1,289 words
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Article83 1984-05-04 16 AFP THE British Hovercraft Corporation is to supply a Danish company with the first example of a new generation of hovercraft capable of operating in winds of up to 75 kilometres an hour and waves of more than 2.5 metres. The corporation an- nounced that the customer isAFP - 83 words
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Article1595 1984-05-04 16 QUIET chartering was seen in most sections of the freight market on Wednesday following the May Day holiday in many countries with business mainly confined to the coal and time-charter sectors, shipbrokers said. Coal from Richards Bay to Tarragona paid U5510.75 while business was arranged from Hampton Roads1,595 words
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Article, Illustration482 1984-05-04 16 Reuter THE Panama Canal, a strategic trade route once described as the eighth wonder of the world, has fallen on hard times. Recession and a slack shipping market have Spelled a steady decline in transits of the 80-km waterway linking the Atlantic andReuter - 482 words
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Article193 1984-05-04 17 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.193 words
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378 1984-05-04 17 OCEAN Marine Transport, with ambitious plans to make it big in the container trades, is now negotiating to build a fleet of eight 3,000-TEU vessels. South Korean shipbuilder Daewoo has confirmed that talks are underway. But the company said no letter of378 words
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310 1984-05-04 17 Lloyd's List JAPANESE shipowners have launched a campaign to rid their industry of one in every six seafaring jobs. The drive could spell the end of the "lifetime employment" guarantee, granted in the post-war restoration to secure a quiescent labour force. Shipping companies claimLloyd's List - 310 words
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287 1984-05-04 17 SANKO Line's three major banks Daiwa, LongTerm Credit Bank of Japan and Tokai have decided to grant Sanko a similar three-year grace period on the repayment of its total VLCC-related borrowings amounting to 150 billion yen. The banks had earlier approved a three-year287 words
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219 1984-05-04 17 THE Wah Kwong Shipping and Investment Company has announced an improvement in consolidated net profit for last year. The company's statement repeated the view not shared by everyone who observes or is involved in the industry, that this shipping market is improving.219 words
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6163 1984-05-04 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 °uV6,163 words
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Article671 1984-05-04 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement Voy date/time Operator cargo schedule I Location Benavon 59/533 4.5.84 2100 Ben Line FSB 0700-0900/0700-0900 Bl/Fl E Guide *****E 4.5.84 2200 G Asia FSB 0900-1000 L7 Namg Glory 4N/84 4 584 2300 Worldwide671 words
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Article1766 1984-05-04 23 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S> Ur»-Ktri«l» liM Transgroup (S i \kreakiel liaer Service Kim Shpg (St Alfred C Taepfer Oreanus Shipping Agency (S) Manntex Enterprise (PK). *lp*r Intrasea (S) Bin tang Shpg (KL> Island1,766 words
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Article459 1984-05-04 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Frances Bay 27/8 M States alongside 4.5.84/2300 Nordhausen 18 S'pore Shpg alongside 4.5.84/0600 Sanwa Fontaine 19 Hai Sun Hup alongside 4.5.84/1830 Express Marine 27/8 Lian Soon 4.5.84/0700 5.5.84/0700 Golden Globe 29/30 Guan Guan 4.5.84/0600 8.5.84/2300 Jenhol 22459 words
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Page 15 Advertisements
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Advertisement398 1984-05-04 15 PubH*bmd and Distributed bv FEDERAL PUBLICATIONS Pfpl 2 Jurong Port Road, Singapore 2161 t/WJ A member of The Timet Organisation 1 \RDI\I \M \H I Orient OVERSEAS FULLY CONTAINERISED SERVICE TO F JROPF VIS SUEZ s p»« 10MEAN CHANCE 17* 7/5 TKANSWORLD BRDGE 20* 12/5 KOREAN lACEJM 24* 21/5 0398 words
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Advertisement266 1984-05-04 15 SEALORD 1 UASC JNITED ARAB SHIPPING CO SAG; NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI PURPOSE SERVICES fULLY CONTAINERISED SERVICE I KOM IXPYN T \IW N lIOM.hOM I O \K \HI N (.1 1RED SEA SERVICE M. NASA VI U MMMKH V266 words
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Advertisement0 1984-05-04 15 $;@)%,&\]!"*:})){_~">|/`:!?^=@?0 words
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Advertisement767 1984-05-04 15 TIMES llusiiM'ss I >irr< i( >r ol Sin^.iporr DEVELOPED OVER A PERIOD OF 86 YEARS (BUKU MERAH) n* MAERSK LINE EXPORT FULL CONTAINER SERVICES L^ri'nij BWI ETTrrTI uULM wr-wMKtfTMi:. WM »oi: TO: BELGIUM. HOLLAND, U. Penanc ERMANY, FRANCE, SCANDINAVIA, AUSTRIA li SWITZERLAND B*pore I Averp I LHarre Rdam 7' r767 words
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Page 16 Advertisements
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Advertisement350 1984-05-04 16 To Europe H FAR EAST/EUROPE CONTAINER SERVICE JUTUNDM 8/5 B PERMAI 15/5 KORftKAN N OELFT SELAJttM N DCJNA 19/6 B. SUM 26/6 Mm Actap*t fm 1) Barcelona. Genoa. 2) Amsterdam. Antwerp L Haute. Basle UK. 3) Bremen. Bremerhaven. Aarftus. Copenhafen Helsinki 4) Makno. Stockholm. Oslo •Accept** Europe carp lor feeder350 words
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Advertisement428 1984-05-04 16 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Waat Pacific North Watt Faadar at Tokyo FaadaratKoba Atlantic/Canada FaadaratKoba b SS' S S." !w w■& ,Vi TOKYO a 11/J 12/1 15/4 I KK2 4/7 7 > SMtavt 14/1 17/8 1 APOUO 21/ C 22/t 25/4 J «W« a/« 2«/ i S.HBHU n\428 words
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Page 17 Advertisements
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Advertisement563 1984-05-04 17 The Straits Steamship Group QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunai Porte end Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT "ALBQ ACCEPTING CARGO FOR: 1b AjrtWi SMkfturi RiHiftai !to Antwerp, Mmtvdan swMuwplw UK regiam. Mnl Mh H-b.r| Bran L« Hi SIM HBEMB hM bM M/ 5 M/563 words
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Advertisement664 1984-05-04 17 Franco Belgian Services rfr* I .ir h .<sf rvnch Scrvicv With hur h.n±tcrn I inf* Mm (Memher of Ace Consort• MKMOMMI TtANSNORLD M 1 SOWP TO EUROPE FULL CONTJUPtSW SERWCE FROM STORE F. KELANG l« Hint I dan F'Stdv* Ha* BTtatrd* M dam HW| rHmp i'Nf LtHtwt Md«| Spare 7664 words
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Page 18 Advertisements
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Advertisement642 1984-05-04 18 EXPORTS I S pore P MangPen Leuoesßilbao Genoa Hburg Rdam B ha»enAnt»erp 11/5 12/5 14/5 8/6 10/6 13/6 18/6 16/6 21/6 Connecting in Tokyo Connecting in Kobe Also accepting rargo tor ATLANTIC GULF PORTS vio mmilondbridge, ond US MIO-WEST by nmcrobfidge" FROM CONTINENT UK IMPORTS Cardigan Bit Frankfurt Eiprns Teky«642 words
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Advertisement358 1984-05-04 18 HP FULLY CONTAINERISED SERVICE JIG. JTLINE SUROPf VIA sue; Member ol the Ace Cooiortwn FROM EUROPE VIA SUEZ 11 Memoer ot the Ace Conwwlium OMENTAL CHEF 38 STVOI SfAS MOT 45£ CONTAINERISED '0 (ROM NORTH AMfRICA (AST COAST FULLY BU I Beidi CMon NTC SI Mr Bait CMon »/S 10358 words
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Advertisement613 1984-05-04 18 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCfPTMG Fci I ICI CARGO FOR SGP Ml HK FIX km ANN Illy Era Omi 07/05 00/05 20/05 30,04 01 Ot 02/00 04 Oi S 1 ,S/,i ••/•S 00/00 N/W 10 00 11/00 13 N Era Gia* 20/05 27/05 II M nOt 22/00 ?4613 words
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Advertisement824 1984-05-04 18 Everett Lines COMPAHA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" Uad-nj toi CaMao Malar an, tto and aft other Penman ports with transhipment 41 Hongkong and Of Hot* On CPV Throng Mis ol lading to hMI destination Ptfianf MUWATE VTWTT* RMMMCWHTT* THOMASEVERETT HUGHIVCTfTT MAWLOEVERETT JOMEVERETT P Krianc S/« Mar Sngapore824 words
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Advertisement337 1984-05-04 18 RAN BORHAM. PORT KELANG PfNANG MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Smfipore Loade* tar 12/5 B. Afafcas. B Khemon SMOSE MARITNE PTE LTD TU *****44/7 4 *****70 MALOSE MARITNE SON BHD TO *****2/3 MALAYSIA TRAK TRANSPORT LTD Tel ***** t (3725 KYOWA LINE TO PAPUA337 words
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Page 19 Advertisements
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Advertisement806 1984-05-04 19 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL KOTA WANOSA KOTAMUftNI KOTA AOUMO VOYAGE E-SOl E-90S E-507 LOADING FOB: HOOEIOAH, JEDOAH, ADEN. PONT SUDAN, MOMBASA. O'SALAAM HOOEIOAH, JEOOAH, AOASA, PT SUDAN, ADEN HOOEIDAH, JEDOAH, MOGADISCIO. MOMBASA, D'SALAAM KOTA CAHAYA KOTA PUBAKA COLOMBO/CHITTAGONG/RANGOON SERVICES BANGKOK DIRECT SERVICES INDONESIA SERVICES KOTA PELANGI KOTA JADE806 words
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Advertisement798 1984-05-04 19 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE EUROPE FROM EUROPE HAM BHAVEN It DAM NAME UK M|aln Saitß Satatf SiM SMad SaOrt Frarftlwt Eiptns Safe) SaOrt SaOrt SaAa* SaOrt Takri Bit Safcd SjM Uri SaAK bM Inrwpod Bar SaOtO SaOrf Salad Saiad StM Brtma* fiprm SM SaAad 5/5 6/5 1/5798 words
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Advertisement487 1984-05-04 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST FULL CONTARO SERVICE YOKOHAMA KOBE »/5 27/5 RMMPAHI *10 08 16/5 21/5 75/5 77/5 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE EXPORT Sort* Ma BaakUKab NE ARE ACCEPHNG BOTH CONTAMERS, CONVENTIONAL CARGO AND BULK LIQUD CARGO FOR BOTH MPORTS AND EXPORTS AND ALSO TO/FROM UK487 words
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Advertisement489 1984-05-04 19 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION PA-AN V7O AVA PAGAN HTONEYWA Loading for Rangoon S'pore 4/6 Moy 17/20 Moy 20/23 May 26/28 May P.Kelang Penary \> BANKUNE EXPRESS INDEPENDENT SERVICE TO UK/CONT IVYBANK CLYDEBANK SPORE R'DAM HULL HMBG 19 June 14 July 21 July 17 July 9 July489 words
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Page 20 Advertisements
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Advertisement923 1984-05-04 20 K KAWASAKI KISEN KAISHA, LTD.PACIHC COAST (Including DESTINATIONS INLAND via IPI MICROBRIDGE MINILAND BRIDGE) U n WHO ttssa PKLG PENANG STOW T/S PORT LA/LB SEATTLE OAKLAND VAN BC PORTLAND I. wDGc ¥30 MOTHER VESSEL PKL6 BAY BRDGE ¥25 30 Apr YAMASHM MARU V 0917 HAKOfE MARU VOl K PIONEER V923 words
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Advertisement495 1984-05-04 20 I Africa' ,k and cont in rt cargo** Diract ti Ibchwds *'P« D"** CT«wi El* Maputo fflb Acccptiot Contawiet t Brtrtbal* $J. MOKOBTa I o<3 15/5 21/S IC/C 12/ C 27/t i/t Acceotint Contamtrs Onl» OSAKA MMUV. 5715E 13/5 K/5 M/S M/S HATAKAWA MAM V. SIlAf 27/5 9/6 14/t 12/6495 words
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Advertisement643 1984-05-04 20 '/fit CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loj** lor LOS ANGiItS SAN FRANCISCO SCATHE TtCOMA VANCOUVER B C »««ptn| Fa/Fa Contanm AUSTRALIA EXPRESS CONTAINER SERVICE Acceptmj Fa/Fa Coilm., from P for Audi KM l r tt *BHV» lUMW U«MS RAMMS W*V» NMOM IMUS PA«ia«|* S pat M l«*a, IS643 words
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Advertisement658 1984-05-04 20 SANKD ASIA FROM JAPANESE PORTS ANO HONGKONG 1 SANKO SCORPIO 2 SHMKO MARU 3 MERDCKA 4 SffSHO MARU 5 BEROMARI 6 KOTUMMU 7 SOON CHURN Saifapore 5/7 May 5/7 May 9/11 Mai 9/11 May 15/17 May 16/18 May 21/23 May P KeUnc tn PI/4 May 1/9 May 12/13 May 12/13658 words
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Advertisement605 1984-05-04 20 t INTRASEA (PTE) LTD. 10 Anson Road »27 16 International Plaza Singapore 0207 Tel *****1 1 (10 Lines) sromAaMAJLtn <► BBEAKBULK SERVICE TO EUROPE/UK DAHLIA *****05 S pore P KeUof Load** fm:10/5 13/5 NANTEVROTT/U.K (AVON) ALPAC LINE SSL""" S pore P Kelang Loadmr lor: AIPAC ASM 165N8 17 May Durban605 words
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Page 21 Advertisements
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Advertisement684 1984-05-04 21 SLNOL NEPTUNE ORIENT LINES LTI FAR EAST/EUROPE FULLY CONTAINERISED SERVICE a TO EUROPE/UK (VIA SUEZ): K CHANCE 17W TW BRIDGE 20W.... ">» ACE C •«!•"■««> HK CONTAINER 40W. Also accepting cargo to/from Scandinavia K CHANCE S pore Closing Times: FCL Cargo 0100 7/5 LCI Cargo 1300 6/5 FROM EUROPE (VIA684 words
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Advertisement622 1984-05-04 21 ntunu-H dmrriw Korean Flag Vessels SE^° N I A,NER,SE D D,R ECT SERVICE TO O*. KEELUNC. BUSAH. INCHOMM w« AH NCHON BUSAN 2»/5 22/5 18/5 n/s 8/J u/c 15/t 10 t J2H SEMTcONTAmERISE^IREC^ER^^^a CALCUTTA *1,1 N i NEPTUNE AGENCIES PTE no Tel *****77/*****34 1 booking omri v:v MA At MA622 words
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Advertisement855 1984-05-04 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SSTa 01T *S?* *"*>«* *****3 (15 Lines) Address SINSOV SINGAPORE Tetei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK AT NAM SOON SON. M IST AND ?NO FLOOR 2Ss Ml THTWC om: T MPfN,NG POfiT KLANG Tel *****6/8 Telei No855 words
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Advertisement54 1984-05-04 21 FiZ ahrenkiel liner service gmbh feAN JOHANNESBURG. MAPU MAURITIUS REUNION WESTBOUND LOUIS DURBAN BEL A MONOO 9W/84 31/5/84 16/5/84 |9!fSnßffV«l9M ETD ETD ETA R BAY DURBAN SIN WATERGEUS 4E/84 12/4 20/4 6/! Agents: Kim Shipping Trading Pte Ltd 63 Market Street *06-06 Tat Lee Bidg S pore 0104 Tele* RS54 words
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Page 22 Advertisements
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Advertisement859 1984-05-04 22 Kcfliowal Container Linos fl'TlJUfl Sailings Weekly ImVliJ f> Reliable Regular Punctual Berthing PS A 1500 Hrs Tuesday Saturday REGULAR FEEDER SERVICE TO PHUKET/SONGKLA VOY SPORE SKLA VOY STOtt PHKT RATANA BMM 111/112 10 May 245/244 Saled 4 Mir te SINGAPORE ISLANDS USE \V— 5 MIDDLE EAST REGULAR LINER DSR-UIMES VEB859 words
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Page 23 Advertisements
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Advertisement109 1984-05-04 23 V tnp<| it tatulr Mjulm* French Line Vtud M/V ANJOU VSLS4 M/V ARMAGNAC V6LS4 M/V ARTOtS V7LS4 LICOIiNU A—- SEALUN SMFfMG (S) PTE LTD. SALES/BOOKMGS TEL *****11 (t LICS) mnmmnam ■ESsHtSfl Sea winds DIRECT FULL CONTAINER SERVICES TO US PACIFIC COAST »ams ORIFNT Al Sf A WINDS lINfR AGINC V109 words
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Advertisement337 1984-05-04 23 -jr" Nedlloyd Lines Loading tor CENTRAL AND SOUTH AMERICA! CARRIBEAN/CENTRAL/EAST COAST SOUTH AMERICA accepting containers to Carnbean pom via B'town EAST COAST SOUTH AMERICA VESSEL fTpol N Ling* 30/5 N Loir* 30/6 Aconcagua 21 /7 N Lauve 29/7 P. LOUIS STOB P'GUAR.QRA M'DEO B.AIRES 8/6 27/6 30/6 2/7 5/7 7/7337 words
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Page 24 Advertisements
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Advertisement642 1984-05-04 24 C.Y. LINE (A Mtmber Of Tha ACE Consortium) CHO YANG SHIPPING CO. LTD FUUV CONTARCRISfD SERVICE 10 EUKH («U SUEZ) S part P KUnf ItMarvt Kixn lihw Hltrj Bran Mpwp KOREAN CHANCE im 7/5 4/5 24/5 27/5 79/5 11/5 1/C 3/4 imwwobj) ma m 12/5 n/s ji/s l/c 3/c vc642 words
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Advertisement541 1984-05-04 24 HEAP SENG TRADING SHIPPING PTE. LTD. 13-01, 13th Hoor, Golden Mile Tower, Beach Rood, Singapore 0719 Tel *****44 Tlx R*****2 HEAPCO SINGAPORE TO PHUKET/WEST MALAYSIA SERVICE STOKE f KELANG Pf HANG PHUKET LANGSA V 53/ M In Pt/12 May 15 May LAMGSA V54/M 11/19 May 22 May LAMPUNG W3/M 7541 words
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Advertisement767 1984-05-04 24 ZIM NON CONFERENCE NOEMCNT FULL cargoes to USA East t West Coast Fan feeder Mm Sm A VtSSU m SAVANNAH I Mill A KESSEL m Will IS Mar A VtSStl m HAfA 77 Mji A KSSEI M CAItORNM 29 May a hssel m cAiranw t km A VESSEL m HONG767 words
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Page 24 Miscellaneous
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Miscellaneous163 1984-05-04 24 Regional Weather r r v «>i m ft. m >v r A M >2 $s M S^> LLl£ C CT"" Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND* R Thunderstorm Temperature °C Shower Weather s-Y Wind direction with speed in knots163 words
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