The Business Times, 17 May 1984

Total Pages: 28
1 28 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 THURSDAY, MAY 17,1884 60 CENTS
    11 words
  • 527 1  -  Quotes available from next week By AMY BALAN SINGAPORE will soon be able to get a slice of the huge market in US Treasury bills, now standing at US$24 billion daily. Starting next week, the Singapore branch of the largest Arab bank
    527 words
  • 151 1 THE HIGH Court yesterday ruled that a bank was under no obligation to transfer a letter of credit, even if it was instructed by the party to whom the letter was issued. The ruling was made in a suit in which Lariza (Singapore), a commodity merchant company,
    151 words
  • 183 1 CONSUMERS will soon be able to find out more about the products they intend to buy. The Consumers Association of Singapore (Case) intends to provide information on recommended retail prices, retail outlets, and comparative product tests. The information will help consumers to make the right
    183 words
  • 113 1 A PROPERTY buyer cannot go back on a sales agreement just because a clause in the agreement allows him to do so in some circumstances, sa<d Mr Justice Lai Kew Chai in the High Court yesterday. The judge referred in
    113 words
  • 463 1 GIVEN A CHOICE, the Prime Minister's political secretary would welcome a contest for the constituency of Anson, now held by the Worker's Party secretary-general, Mr J B Jeyaretnam. Of the four new People's Action Party candidates named recently, Mr Ng Pock Too, 39, seems best
    463 words
  • 538 1 Reuter AIRCRAFT attacked a Saudi Arabian supertanker in Saudi waters yesterday in a sudden escalation of the Gulf war as Kuwait blamed Iran for air attacks on two of its tankers in the Gulf earlier this week. Shipping sources said the 212,000 deadweight ton
    Reuter  -  538 words
  • 407 1 AFP PRESIDENT Ferdinand Marcos last night moved to defuse postelection passions as a resurgent opposition maintained a slim, unofficial 86-83 lead over the ruling KBL Party in a torrid duel for supremacy in Parliament.
    AFP; Source: AP picture  -  407 words
  • Article, Illustration
    70 1 THE SINGAPORE stock market eaM on a mixed to easier note yesterday in lethargic trading. By the day's end, denbte-digit Imm lilted the hoards as I—era sntpaeed gainers 83 te 48. Ike BT CMuadte index finished at 884.78, dm L4I paints, white the Straits Times Indastrial Index was
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  • Page 1 Advertisements
    • 42 1 lops in Car Audio technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore Phone *****22 Kuala Lumpur: Phone *****3/*****0 Ponang: Phone ***** ***** Jakarta: Phone *****9 IEIEEMi 111 l Imported from Germany V Hi m Jt ;c> Becks Bier Sime fiTMiifful Darby
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    • 261 1 mm SHARE INFORMATION 15 RAW MATERIALS 14 MONEY EXCHANGE 9 THE THREE hotels and retail stores that make up Marina Square as well as its developer plan to join forces in marketing the $1 billion project area as o prime destination. Pag* 2 CHINA should see another year of steady
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    • 144 1 FuW report, Pag* 15 Intornational stocks, Pag* 12 Asian stocks, Pagal3 HOW TO DRIVE AROUND SINGAPORE WITHOUT A CAR. Easy. Rent one from BTW. That way, you only pay for it when you need it. And save your money when you don't. Not to mention car registration and road taxes,
      144 words
    • 15 1 Menstoch Quality before your eyes No tanker in Gulf will ba ute, warn* Iran Paga6
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  • HOME NEWS
    • 500 2  -  By JAIME LYE THE THREE hotels and retail stores that make up Marina Square as well as its developer plan to join forces in marketing the $1 billion project area as a prime destination. A massive advertising campaign is being planned which will be paid for
      500 words
    • 333 2 THE BATTLE to become Singapore's most prestigious hotel will soon be launched by the Oriental Singapore on the Shangri-La Hotel, and the determining factor could be the hotel chain that each is linked to. The Oriental is one of the three hotels that
      333 words
    • 280 2  -  By JOANNE YAP MORE JOBS in the oil and gas industry could be created if a group of Canadian companies coming to Singapore is successful in its search for joint venture partners. Following their participation in the recent sth Offshore Southeast Asia exhibition, 15
      280 words
    • 88 2 THE Management Development Institute of Singapore (MDIS) is inviting members and the public to participate in a logo competition. This follows the institute's name change from the previous Supervisory and Management Training Association of Singapore (Samtas). The logo should be suitable for membership certificate, letterheads and other
      88 words
    • 288 3 RAYMOND EYRE has been named managing director of Security Pacific Leasing Singapore (Pte) Ltd. Prior to joining Security Pacific Leasing Singapore, Mr Eyre was associated with GATX Leasing Company of Singapore. Mr Eyre graduated with honours from the University of Keele in England, where he majored in
      288 words
    • 404 3  -  By TSANG SAU YIN THE Ministry of Health has prepared various career development programmes for the further training and advancement of nurses. These programmes include overseas scholarships in specialised nursing fields. And for nurses who have received this kind of training or gained
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    • 607 3 SEMINARS AND COURSES May 16-ft: Selling Profitably In NonProfitable Times, Hotel Equatorial, Transforma Pte Ltd May 17-18: Tender Evaluation And Contract Administration For The Public Sector, Thong Teck Building, Singapore Institute Of Management May 21: Essentials Of budgeting, Dynasty Hotel, Institute For International Research May 21-June 1: Biotechnology, National
      607 words
    • 150 3 EFFECTIVE management of schools will come under examination in a three-day seminar next month. Organised by the Singapore Educational Administration Society and the Australian Council for Educational Administration, the seminar will be held at the Victoria Junior College from June 19. The theme is
      150 words
    • 489 3  -  By LEE HAN SHIH THE PRESENCE of French hotel, tourist and food supply activities in Singapore will be given a big boost when the largest hotel chain in continental Europe opens its regional office in August. The office will serve as a base
      489 words
    • 182 4 •BILATERAL TRADE between and Holland should Jpiek up following the global economic recovery. This optimism was voiced by JDr R Zijlstra, special adviser to •the Dutch Minister for Economic Affairs, in Singapore yesterSday. "The diminishing trade is Jjdue to the fact that world trade
      182 words
    • 421 4  -  Dr Wong Kwei Chong told managers to see beyond quick profit By BOEY KIT YIN THE GOVERNMENT wants more companies to develop a training tradition. But some managers are still suffering from a myopic vision where training programmes are concerned. The Minister of State for
      421 words
    • 220 4 A $20 MILLION nerve centre is now controlling the entire process operations at the Mobil Oil Singapore refinery in Jurong. The new centre is supported by a micro-processor based control and information system, which was supplied and installed by Yokogawa Electric Works in a |5 million
      220 words
    • 191 4 9T&fi|CNT union leaders were jMbiliy* convinced that the school priority scheme for admission of children of graduate mothers would not deprive those children of non-graduate mothers of the opportunity of a good education. At an exteodsd three-hour meeting with Df'Tay Eng Soon, the Minister
      191 words
    • 433 4  -  By JEFFREY TSANG THE ASIAN Automotive Accessories Exhibition's new strategy to highlight workshop equipment has not quite registered in Singaporeans' minds yet. Although this year's show was intended more for tradesmen rather than the motor enthusiast, it was the latter who responded
      433 words
    • 229 4 THE URBAN Redevelopment Authority held its first public promotion of the Beauty World Centre last night with the opening of the authority's 10th anniversary exhibition. By holding the last round of the authority's decentralised exhibition at the open concourse of the shopping-cum-residential complex at Jalan
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    • 233 4  -  By LISA LEE PROPERTY buyers and sellers again failed to see eye to eye at a Victor and Morris auction yesterday. A spokesman of the company, Mr Vincewt Wee, said the bids for the 12 lots on sale were too low to satisfy its clients and
      233 words
  • Page 2 Advertisements
    • 425 2 Put NCR's 100 years of information processing and business systems experience behind vour computer choice. WJN v. m <:• i da 9 f f v 1(1 v v JS& X -V v JS* V •V More and more of Singapore's Hotels and Retailers have NCR is playing an important and
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  • Page 3 Advertisements
    • 268 3 %V v nil sSx\a n m n Surely the best business class service is provided by Scandinavian Airlines? This is what the popular American magazine. Onc-atc "Fortune", had to say about our First Business sk 972 Class. After testing out 1T different airlines. Wad Fri L We think you II
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  • Page 4 Advertisements
    • 296 4 übertu* Sw electi M/vr k>z6 ,v 1 4 > 5> >' >'V« > V V Traditional Swiss fare has arrived in full splendour at the dining tables of the Hubertus Grill in the Century Park Sheraton s exciting 17-day Swiss Food Festival. Select from our special Swiss 'a la carte
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  • Page 5 Advertisements
    • 300 5 V .•v. •te J 4 W. *v .c 1 V •v--1 u4 A\ i' lii t 4T > > r •i' I «k> S J ">▼ < 4? t x> 4 Sc t H 4 X IT i x s >. .V #CN i r >;, •»•<■• v fg*' yyir*?
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  • 709 6 ARRIVALS Operator Service Local From number time KAL KE687 0020 SEL/KUL PAA PA5 0020 JFK/SFO/HKG CAL CI009 0040 TPE SIA SQ43 0750 DHA MAS MH68I 0820 KUL >*TMA TL35I 0830 BEY/DXB AAAS MH60I 0905 KUL SV SV378 0910 JED/RUH MAS MH67I 0935 KUL MAS MH8II 0940 PEN
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  • OVERSEAS
    • 479 6 Reuter IRAN, in a threat to escalate the 3'/i-year Gulf war, said no oil tankers will be safe in the waterway so long as Iraqi warplanes continue to strike ships loaded with Iranian petroleum exports. US intelligence officials said yesterday that
      Reuter  -  479 words
    • 140 6 Reuter JAPANESE trading companies may soon stop taking on oil in the northern half of the Persian Gulf after four tankers were attacked there so far this week, oil industry sources said yesterday in Bahrain. They would not name the firms involved but
      Reuter  -  140 words
    • 121 6 AP BIRDS collided with some 10,000 airplanes worldwide last year, causing USJI.S billion damage and prompting some airports to remove foliage to prevent nesting near runways, .a West German expert said. Airports in New Delhi, Nairobi and Bangkok are considered especially dangerous by airline pilots
      AP  -  121 words
    • 304 6 CHINESE army chief Yang Dezhi says China and Thailand face a common threat from Vietnam and has called for stronger ties between the armed forces of the two countries. The New China News Agency (NCNA) said he made the remarks during a banquet
      304 words
    • 477 6 UPI THE PENTAGON has said that its readiness to go to war has increased in the past four years, but that shortages remain despite the boost in weapons, spare parts and people under the Reagan Administration's military build-up. "Our findings
      UPI  -  477 words
    • 206 6 Reuter THE AMERICAN couple kidnapped by Sri Lankan separatist guerillas last week have been freed unharmed and are in good health. Engineer Stanley Allen, 36, and his wife Mary, 29, were seized at gunpoint at their home in the northern Sri Lankan
      Reuter  -  206 words
    • 226 7 CHRYSLER Corp chairman Lee lacocca said his company will freeze small car prices and cut executive bonuses by half in exchange for union wage restraints and federal government action against Japan. Mr lacocca, in a speech on Tuesday to the League of Women
      226 words
    • 73 7 THE PROTEST and the pala... French demonstrators are seen here being set upon by helmeted policemen, armed with rifles and batons, and hold- lng shields, In front of the Ministry «f Finance in Paris on Tuesday. The demonstrators went into action as workers In
      Source: UPI picture  -  73 words
    • WORLD IN BRIEF
      • 60 7 THE OXFORD English Dictionary, a 16-volume compendium of words loved by scholars and pedants the world over, is to be transferred to a computer. Publishers Oxford University Press said yesterday that they had arranged a £7 million deal to computerise the dictionary with help from the US
        60 words
      • 40 7 CITING possible lethal sideeffects, the British govern- ment is banning two powerful pain-killing drugs that have been prescribed to arthritis sufferers for 20 years. Tandacote and Tanderil are to be withdrawn from prescription counters by June 8.
        40 words
      • 48 7 A DRUG that tricks the body's disease-fighting system into combating cancer cells shows promise as a treatment for the devastating disease. Researchers in the US said the strategy behind the drug trademarked Ampligen, the<v retically makes it more effective and much safer than traditional anti-cancer compounds.
        48 words
      • 39 7 THE SWISS government has asked Parliament to grant an increase in official development aid to bring Switzerland closer in line with average payments from Western industrial countries. It has proposed a credit-line of 1.80 billion francs.
        39 words
      • 28 7 Agencies ISRAEL'S consumer price index rose by 20.6 per cent in April, bringing the projected 1984 inflation to 400 per cent double last year's rate.
        Agencies  -  28 words
    • 450 7 FT EEC GOVERNMENTS have been urged to attack current i unemployment levels by placing Britain and West Germany in the vanguard of concerted but temporary reflation. A report by a team of international economists, published by the Brussels-based Centre for European Policy Studies
      FT  -  450 words
    • 42 7 AFP A PRIVATE Bill by Premier Neville Wran to reform homosexual legislation in New South Wales passed its major hurdle yesterday when the Lower House of the State Parliament voted 63 to 34 to adopt it. AFP
      AFP  -  42 words
    • 349 7 UPI US INDUSTRY manufactured 1.4 per cent more products in April, a "red hot" month that defied forecasters' expectations in spite of a slowdown in the motor industry. The US Federal Reserve System's report on industrial production, in Washington yesterday, shows none of the second-quarter slowdown
      UPI  -  349 words
    • 295 7 UPI NATO officials warned the Netherlands on the eve of a defence meeting yesterday that cancelling the planned deployment of new US-made nuclear missiles would be viewed by Moscow as a sign of weakness. The two-day North Atlantic Treaty Organisation debate in Brussels was expected to focus
      UPI  -  295 words
    • 396 8 Reuter CHINA should see another year of steady growth in 1984 but key economic areas will remain tight and government expenditures must be watched closely. China's Finance Minister Wang Bingqian and State Planning Commission chief Song Ping yesterday gave detailed addresses on the
      Reuter  -  396 words
    • 107 8 Reuter MORE STABLE retail food prices in North America contributed to a slight drop in monthly consumer price inflation in non-communist industrialised countries in March this year, the Organisation for Economic Cooperation and Development (OECD) said in Paris yesterday. Consumer prices rose 0.4
      Reuter  -  107 words
    • 163 8 AP A PAINTING by Paul Gauguin brought a record US$3.B5 million at an auction in New York that was a record in itself $32.9 million worth of art objects sold in one night. Gauguin's "Mata Mua", a Tahitian scene painted on burlap in 1892, was purchased
      AP  -  163 words
    • 290 8 Reuter PRIME MINISTER Margaret Thatcher, in a move to reassure 1 opinion in Hongkong, has emphasised the need for a dei tailed agreement covering life in the colony after its handover to China in 1997. Mrs Thatcher's message passed
      Reuter  -  290 words
    • 207 8 Primaries *84 Reuter GARY HART won an easy victory in the Oregon Democratic presidential primary with 57 per cent of the vote, election officials announced on Tuesday night. It was the second victory of the day for the Colorado senator, who earlier won the
      Reuter  -  207 words
    • 352 8 THE AMENDMENTS to the Malaysian Land Code should lead to more efficient processing by state authorities of applications by foreigners for residential and commercial land, a chartered surveyor said on Monday. Given slow sales in the residential market, especially for
      352 words
    • 133 8 AFP THE MALAYSIAN Trade Union Congress (MTUC), representing about 500,000 unionised workers in the country, has criticised the government's decision to bring in Indonesian labourers for the plantation and construction industries. Deputy Prime Minister Datuk Musa Hitam and Indonesian Manpower Minister Sudomo signed an agreement last
      AFP  -  133 words
    • 241 8 AFP THE DECISION by Moscow and its allies to pull out of the Los Angeles Olympic Games has sent nervous tremors through the insurance world. The US broadcasting network NBC, which had broadcasting rights for the 1900 Games in Moscow, was paid more than USJ7S million in
      AFP  -  241 words
    • 39 8 Reuter FORMER Japanese Prime Minis-r.l* ter Takeo Miki left yesterday on a 10-day visit to Thailand, Singa-J: pore and Indonesia to discuss-"* disarmament and other issues with the heads of state of these countries. Reuter
      Reuter  -  39 words
  • Page 6 Advertisements
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    • 81 6 DISTINCTIVE OFFICE AND WAREHOUSE COMPLEX. IDEAL FOR TRADING COMPANY OR INVESTMENT DEVELOPMENT POTENTIAL. FREEHOLD. 4 L WEST COAST ROAD Modern 4-storey fully air-conditioned Office Building. Massive 2Vi -storey Warehouse with ground floor ceiling height approx. 8 metres and equipped with loading platform and dock levellers. Close to PSA ports and
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  • Page 7 Advertisements
    • 140 7 Leader page i| How you can benefit from Bayerische Landesbank's presence in j Singapore f Bayerische Landesbank is headquartered in Bavaria, a leading federal state of West Germany with a long tradition in cross-border trade and finance, w Over the years we have constantly upgraded and refined our international banking
      140 words
    • 72 7 EXCEPTIONAL CUISINE, IMPECCABLE SERVICE -j- Maxim sde Paris for dining in style. Snacks e j a garden any time of day. Finest Cantonese cuisine at the Summer Palace. Cocktails to the music of Patrick Foo and Strings in the Lobby Bar. Where else but at The Pavilion Inter-Continental Singapore. THE
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  • Page 8 Advertisements
    • 286 8 Here's Where You Can House Your Entire Business All In f OFFICE 1 r warehouse' I GOODS HOIST washrooml FARKJ cum Office. Intrepid Investments Re Ltd has the right idea in its Intrepid Warehouse Complex, a project comprising only 18 self-contained units. Warehouse Complex is strategically ocated along Airport Road
      286 words
    • 117 8 Come for business. Stay for pleasure. A convention centre right on the beach helps your delegates relax as they get down to business. Penang ideal location niiles of white sand, clear blue waters and waving palm trees. On the finest beach in Penang is the luxurious Rasa Sayang Hotel. Designed
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  • BANKING AND FINANCE
    • Article, Illustration
      264 9 Asian market DEPOSIT rates for Asian dollars closed little changed from opening levels in light trading yesterday. Periods weakened between and -point at the outset due to lower Eurodollar deposit rates and remained unchanged thereafter. THE PLR is the lowest lending rote ot which a bank is prepared to lend
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    • 496 9 SINGAPORE: THE local currency closed higher yesterday at 552.1030/40 against the US dollar compared with Monday s close of 2.1055/65. Against the Malaysian dollar it closed at 5591.25/35 compared with 91.30/40 but against the Hongkong dollar it was unchanged at 5526.90/95. The US dollar closed slightly firmer against
      496 words
    • 69 9 OVERNIGHT rates closed easier at 7 s per cent on the local interbank money market yesterday. Term rates finished easier at 8-5/16 per cent for one month, 8% for two months and 8-7/16 for three months. S$ interbank rates at 3pm yesterday Offer Bid Overnight 7 5/8 7
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    • 68 9 TOE Monetary Authority of Singapore has invited banks t tender for a total of $70 million 91-day Treasury bills. The tender closes on May 18. Each tender must not be for less than $250,000. Discount prices At yesterday's close (X) Prices offered b, dbcoont houses on May 16
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    • 221 9 Interbank rates at 3pm vurreoeiee Quoted yesterday croae parity change Local dollars to one unit of foreign currency: US dollar 2.1030 2.1040 2.8196 -25 41 Sterling pound 2 9242 2.9277 7 3469 -60 20 Australian dollar 1 8980 1 9003 3 4286 -44 60 NZ dollar 1 3638
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    • 250 9 SINGAPORE Futures yesterday fluctuated in a narrow price range in quiet trading before closing steady to slightly higher. Total sales for the day were recorded at three lots. Prompt closed slightly firmer at U*****.50/376.50 an ounce compared with New York's $374.25/374.75 close, June little changed at $376/378 against $376.30/
      250 words
    • 169 9 PRE-TAX profits of Singapore International Merchant Bankers Limited (SIMBL) jumped by 30 per cent in 1983 to reach $5.5 million thanks to revenues generated from advisory and transaction fee income. This is the fifth successive year that SIMBL reported increased earnings. The
      169 words
    • 67 9 NYT FRANCE will need to raise over 60 billion francs a year on the international capital markets over the next five years. French Finance Minister Jacques Delors said that France's oustanding foreign debt, which stood at 451 billion francs last year, will continue to rise though at
      NYT  -  67 words
    • 353 9 AP POOR COUNTRIES will owe at least US$l.25 billion more to banks this year because of the rise in the US prime rate of interest last week from 12 to 12.5 per cent, the World Bank estimates. AW Clausen, the bank's president, has put
      AP  -  353 words
    • 122 9 Reuter PERU, sunk in deep recession, will press for easier terms in an International Monetary Fund (IMF) economic package its government signed only three weeks ago. Prime Minister Sandro Mariategui, citing Peru's poor economic and social state, told the country's congress on Monday
      Reuter  -  122 words
    • 393 9  -  By SELWYN PARKER NEW ZEALAND'S finance houses and merchant banks have been hit by governmentimposed penalties for what Prime Minister Sir Robert Muldoon has labelled "excessive credit growth". Under regulations applying from May 12, they will have to limit their increase in lending at a
      393 words
    • 35 9 Reuter the Philippines Central Bank said it had made available US$lO5 million to service interest payments due up to the end of March on public and private sector foreign loans. Reuter
      Reuter  -  35 words
  • Page 9 Advertisements
    • 88 9 TO ARMS TONIGHT! Fight the crush of peak hour traffic. Beat a retreat to the Stamford Arms tonight after work. Arrange to meet your friends and colleagues and spend a 'Happy Hour or two in a relaxing English-style atmosphere. Strengthen your reserves with a cold pint of beer and our
      88 words
    • 94 9 SPORTthe last frontier for fashion Courreges loves sports more than any other designer We dream of the freedom, colour and spirit of nature in action With active and practical style Courreges Sport Futur brings you the sports clothes Tennis, golf, water sports and general sportswear Now Courreges is here AG
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  • FEATURES
    • 476 10 HALF A BONUS is obviously better than none especially when that half still amounts to a hefty US$l5O million paid to motor industry executives in Detroit. The offer by Chrysler chairman Lee lacocca to slash executive bonuses by half in return for wage restraints by the unions
      476 words
    • 1507 10  -  Ferment is growing over the political future of the 10 countries By LAN DAVIDSON FT MRS THATCHER has about six weeks to decide whether she. wishes to have a European policy. At the moment, she appears to feel no such need: her ideas on the subject of
      FT  -  1,507 words
    • 1143 11 US exchanges are undergoing rapid changes with the financial information upheaval FT WALK into any WaU Street trading room and one of the first impressions will be the banks of video screens stacked up on the dealers' desks. On some there is barely enough room
      FT  -  1,143 words
    • 646 11  -  By CAROLINE DALE Reuter A SUCCESSFUL beer commercial on Japanese television won't tell you a good reason why you should buy it. Try the hard-sell western approach, the advertising experts say, and Japanese consumers switch off. But lure them for 15 seconds into
      Reuter  -  646 words
  • Page 10 Advertisements
    • 149 10 e a c ft (A The < European bank for business in Asia a a a o 3 111 1983 In 1983, European Asian Bank continued to improve its competitive position by expanding operations in key Asian business centres. New branches were opened in Lahore, Macau and Pusan, and joint
      149 words
    • 157 10 u J"Mil., i < V "IS i I > V > k ka >m *77 11. 126 IS. fl i» L 0 K SI #1 8 a V fl S "W SE2 8§ rs MM s£ 5C <» 39* put them straight When you send your new season's fashions with
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  • Page 10 Miscellaneous

  • Page 11 Advertisements
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    • 133 11 Hilton International Singapore Sophisticatedsatisfying, preferred... Distinctively Hilton in Style. I A 71 m f f I V.I. LHIbTON INTbRN ATION Ab SINGAPORE What makes the Hilton so unique? It could be our international network of 90 hotels spread across 46 countries that makes us so favoured with business travellers. t
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  • Page 11 Miscellaneous
    • 631 11 PRYPTIC PUZZLE ACROSS t Cheat of a tool? (6) 7 The foreigner's loon shop system (8) 8 Early bird (4) 10 Acted as drama editor (6) 11 Rush to produce prints (6) 14 He detested losing a wild steed (3) 16 Upright Europeans (5) 17 Applause for the right rower?
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    • 202 11 The Wor Years Verdun 1916 8.03 pm This programme covers one of the bloodiest battles of all time. The purpose of the German attack on Verdun in 1916 was to bleed the French army into defeat. The German high command knew that the French would fight to the death rather
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  • INTERNATIONAL STOCKS
    • 172 12 FT THORN EMI, the UK electronics group, has initiated discussions with British Aerospace, manufacturer of aircraft and weapons, which could result in a recommendation for the merger of the two companies. A tie-up would produce a group with a turnover of more than £5
      FT  -  172 words
    • 43 12 Reuter ALLIANZ Versicherungs AG is not buying the insurance operations of Armco Inc of the US. An Allianz statement said Armco's insurance division would not fit in with Allianz's plans to consolidate and expand its insurance activities in the US. Reuter.
      Reuter  -  43 words
    • 174 12 UPI MOBIL CORP's planned US$5.7 billion takeover of Superior Oil Co will be permitted by the US government. The government has decided the merger will not violate antitrust laws. The Federal Trade Commission (FTC) accepted a recommendation by its Bureau of Competition not
      UPI  -  174 words
    • 317 12 Reuter FEARS that Wall Street might increase interest rates, coupled with concern that the economy was improving too quickly, caused the New York stock market to remain inf an indecisive mood on Tuesday. The Dow Jones industrial average closed off 0.21 point
      Reuter  -  317 words
    • 137 12 MAY 15 Afcwtib. CS 26 Imp Oil Inco 37 7 4 15 26\ unch AJcon 364 -4 Int Uts 26 S 234 -4 Book Mont 234 4 17V, -4 Bonk Novo Scotia Bei Tel IOW 304 unch -4 Loblow B 14* 3% -4 224 4 Broscon 36 -4 Con
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    • 216 12 MAY IS tend INDUSTRIALS Trust Bk Un Sttd Unaec Woolworth 317 135 560 1815 +2 •3 •2 -10 A Alpha unch MININGS AE And a unch Amaprop 460 2160 unch AMJC 3100 unch Blyyoors 1750 25 1400 30 Buff eh 7500 2625S unch Chart er 400 Cum* Finance 320
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    • 811 12 MAY IS ACF Industries Alcon Alurrwi Alcoo Alegheny Lud Afced Cham Cp A*ed Stores Al*-Cholmers Am Brands Inc Am Broodcost Am Con Co Am Cyanomd Am Elec Pwr Am Express Am Home Prod Am Motors Cp Am Natiroi Gos Am Tel Tel Amax kic Amerodo Hess AMf be
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    • 765 12 Amsterdam MAY IS ABN Aegon Ahold Akzo AMf V Amfoi Amrobnk Berk Boh Borsumai Bosk a Fh 361 50 35 130 50-05 190 30 -12 94 60 0 7 153 00 +02 64 00 7l 3600 95 00 0 8 237 00 4 Burtet Catood Co* 7000 -2
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    • 99 12 Reuter COMMERCIAL Union Assurance Co PLC said its first quarter results reflected British weather, costing some £12 million in claims, coupled with difficult trading conditions in most major territories. Investment income, net of loan interest, showed a 6 per cent underlying decrease owing to
      Reuter  -  99 words
  • Page 12 Advertisements
    • 567 12 The Summer Palace 0 r FINEST CANTONESE CUISINE FOR ALL OCCASIONS. THE ADVANTAGE IS INTER CONTINENTAL THE PAVILION INTER CONTINENTAL PAVILION INTERCONTINENTAL SINGAPORE J Cuscaden Road. Singapore 1024 Tel 733 8888 THE BAR TTHEORTHARn The place for cool r_concoctions, good music, backgammon 7 or chess. ~1 Every evening from 8
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    • 4 12 London stocks, Psgs 17
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  • ASIAN STOCKS
    • 354 13 HONGKONG: Prices closed higher yesterday on optimism over the colony's political future, following remarks by Chinese Premier Zhao Ziyang that the capitalist system in the territory will be preserved for at least 50 years after China regains soverignty of it in 1997. The Hang Seng index closed 25.25 points
      354 words
    • 271 13 MAY 16 NT Chem Indus 25 90 07 Lien Hwa Indus 12 10 0 1 AH Smcere Indus 900 ■0 1 Nan Yo Plos 37 50 -03 Ask) Cement 33 80 -0 5 Pacific Cons 32 30 06 Cothoy Cons 32 70 0 5 Pacific Elect 20 80 -02
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    • 435 13 TOKYO: Prices closed higher yesterday but off the day's highs as early buying gave way to profittaking in the afternoon. The market average rose 15.31 from Tuesday's close to 10,619.85, after rising 41.20 on Tuesday. In early trading, it climbed briefly to a high of 10,668.90. The Tokyo Stock
      435 words
    • 88 13 May 16 Won Hyundai Motor 560 +5 KAL 460 Bank Seoul 685 Korea Fnt 720 +8 Choheung Bk Commencol Bk Doeltm Ind 685 704 590 -1 10 Korea Oil Korea Ship Lucky Ltd 969 411 720 -II 1 Daewoo Corp Daewoo Ind Dong Ah Gold Stor 395 555 685
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    • 510 13 SYDNEY: Mildly encouraging news from overseas bolstered trading on Australian share markets yesterday, although by the close most sectors had made only marginal gains. The All-ordinaries index closed 0.8 point higher at 730.3, having earlier reached 732.0. The All-indus-trials index was 1.8 ahead at 991.2 and the All-resources 0.1
      510 words
    • 131 13 BANGKOK: The market closed generally steady in quiet trading. The Book Club index rose 0.02 to 117.28 on turnover of 16.4 million baht. MAY I* Sram Oy Cement 401 33 A ok ham Thoi Srom Credit 63 50 Ayuthaya Inv South Auo F toe And Trust Thai Commercial Bangkok
      131 words
    • 113 13 MANILA: Prices closed generally firmer yesterday but trading remained dull. The commercial and industrial index was up 0.14 at 131.83 and oils 0.004 at 0.703 but the mines index was unchanged at 1,063.20. MAT 16 AcO|« Mareng Anglo Phil Ape* Manmo B Attos Coo B 0 009 39 unch
      113 words
    • 75 13 NIKKO Securities Co Ltd will issue two $30 million convertible Eurobonds, one for 15 years and the other for 10, through public placement with Nikko Securities Co (Europe) as lead manager. Coupon and initial conversion price for the par-price bonds will be set on June
      75 words
    • 363 13 Reuter THE HANG SENG Index may fall as low as 850 this week from Tuesday's close of 924.07 on renewed concern over the political future of Hongkong in the light of a current visit to London by a delegation of Hongkong executive and legislative
      Reuter  -  363 words
    • Corporate round-up
      • 40 13 KOREA Mining and Smelting Co Ltd «rill increase copper production capacity to 140,000 tonnes a year by August from the current 120,000 tonnes. The company is an affiliate of South Korea's Lucky group of companies.
        40 words
      • 162 13 A JAPANESE steel mill is studying a proposal for the takeover of Kaiser Steel Corp of the United States jointly with American and Brazilian companies. A spokesman for Kawasaki Steel Corp said yesterday "the proposal is under study at present and it is too early to say
        162 words
      • 89 13 KIRIN Brewery Co Ltd and Amgen will form a joint pharmaceutical company in California this month. A Kirin spokesman said the company, named Kirin Amgen Inc, capitalised at US$24 million and owned equally by the two companies, will research, develop and produce medicines and sell
        89 words
  • Page 13 Advertisements
    • 160 13 I'JI I From socfhing sounds to Pleasing 'pops', lON BAR bftiQS you a#. Light up your evenings with SATY/lla group of four dynamic entertainers, who'll delight you with their versatility and talent. See them in action, Mondays to Saturdays from 9 pm to 1 am. Drinks at 20% off bar
      160 words
    • 149 13 r übertug (®riU For lunch. For dinner. For a richly rewarding experience. Busint'ssmrn's Lunch M« 'tiii.iv. i tid.iv >' 1 I"'', s.-rviir ch.wq*' V'. (o»v Sundrtv Brunch l l,r 1" -r. M"., ,-ss t.niuir 1 1 1 v. i< luirq.' V< > t »ss ichiliitvnl for reservations r ill 7.J*****
      149 words
    • 105 13 Peninsula 1 C o ce nouic Level 5. Peninsula Hotel LillTl s*s!S 24- hour Coffee House where much more than just coffee is served. Hospitality. Atmosphere. Sce/iic view. 'Menufuf of local and continental favourites. Daily Set Lunch (Local* Western) Each day, a local favourite is selected, e.g... Prawn Mee Soup...
      105 words
    • 109 13 J 11 Hilton's Lounge presents Sandi Mark A duo that packs between them enough musical styles, variety and talent to keep you entertained right through the night. Come and be enchanted. 8 pm- 12.45 am T/T\T IKI/^r (Mondays to Thursdays) IvKJL* Bpm 1.45 am rViPYI (Fridays Saturdays and eves of
      109 words
    • 221 13 :*v f MAJIPOOR CHRONICLES toy Robert Silver bag The giant world of Majipoor, teaming with humans and aliens and exotics, filled with magic and strangeness and adventure There's a room in there where millions of people of Majipoor have left memory-readings You pick up a capsule, put it in a
      221 words

  • RAW MATERIALS
    • 392 14 AP "DON'T act important if you don't even know how to irrigate a rice field." So goes one of many Malagasy proverbs about life on the world's fourth-largest island. People there eat rice three times a day, an average of 450 grams each, more
      AP  -  392 words
    • 329 14 AFP THE International Natural Rubber Organisation (Inro) began its eighth council' meeting in Kuala Lumpur yesterday to review its administrative and buffer-stock operations. Producers' representatives at the 34-member council, which also includes consumers, are pressing during the threeday session for renegotiation of the
      AFP  -  329 words
    • 160 14 Reuter THE 63 textile mills in Bombay, which produce more than 60 per cent of India's textile exports, all lost money in 1983/84 ended March because of competition from looms in small factories. Mill Owners Association chairman MC Shah said the number of these
      Reuter  -  160 words
    • 286 14 Singapore (S$/kilo, ei-godown) C-l Ordinary Loonza«i 100% fnt grade Unq Unq Thoi white 100% second grade 255 100% 1st doss 100% th*d grade Unq (kangaroo) 05 Parboiled 0 80 BL 076 10% ne w crop 100% 2nd class 260 255 100% 3rd doss 25% new crop B-10% No stock
      286 words
    • 86 14 THE Straits tin price In Penaag yesterday remained at the ITA floor level of Ms2t.ls a kilo. Dealers noted con tinning shortage of demand with sentiment farther depressed by easier London advices. The buffer stoek manager was again featured as the major bayer aad local Interests continued to
      86 words
    • 79 14 FUTURES closed four to 1V« cents per bushel higher in thin trade on the Chicago Board of Trade on Tuesday. Prices finished near the top of a 6'/«-cent range. Commercial buying in most months kept prices firm. May gained on other months on commission house buying, after trading lower
      79 words
    • 86 14 CHICAGO soybean futures closed nine cents per bushel lower in July to 4Vi cents higher in distant months on Tuesday, with prices finishing near the middle of a 21-cent range. Late unwinding of new crop-old crop spreads weakened old crop relative to new. Late weakness in soymeal prices overflowed
      86 words
    • 222 14 MALAYSIAN crude palm oil prices closed firmer on covering and speculative buying yesterday, after Pakistan bought 12,000 tonnes of RBD palm oil at U*****.25 a tonne for June 20/ July 5 shipment at its weekly tender. In the May position, south region rose Ms2s to $1,755 a tonne
      222 words
    • 101 14 (in M cants/1 ton polWtt) June July (current mth) (forward mth) NOON NOON RAS Buycn Buy*n S*lt*rs SSR20 199 00 201 00N 201 00 203.00N SSR50 197 00 199 00N 199 00 201 00N MRELB lnyifi SCIITI SMR CV 254 50 256 50N 256 50 258 50N
      101 words
    • 103 14 Reuter THE 'other milds' group of coffee producers met in Guatemala City yesterday to find ways to bridge the gap between the price paid by member and non-member countries of the International Coffee Organisation. The group is determining its policy for the June
      Reuter  -  103 words
    • 154 14 Chinese Produce Robusta 20/25% FOB NSW 487 50 Exchange 9 prices. S$/ Nutmeg (Setters' noon closim 110 FOB NSW 355 00 100 k 9 B W FOB NSW 256 00 Coconut oil Gambier Bulk FOB 223 00 FOB NSW 300 00 Otd drum FOB 236 00 New drum
      154 words
    • 144 14 Yarn (In HK$ per bole of 400 lb) Shrhng Hongkong Golden Peak, 60 x 60 116 50 115 50 China carded yarn, cones White cloth Bkje Phoenix 16's Blue Phoenix 20's 3,550 3,600 Jopon No 10,000 Three Peoche* 221 50 Blue Phoenix 32't 4,000 Japan No. 2003 Unq Blue
      144 words
    • 194 14 PENINSULAR Malaysian crude palm oil (CPO) production rose to 203,349 tonnes in March from 150,293 in February but was below the 230,937 in March 1963, the Statistics Department figures show. March palm kernel output rose to 59,674 tonnes from 43,885 a month
      194 words
    • 315 14 SINGAPORE: The market closed lower yesterday with June One RSS buyers quoted at 201.00 cents per kilo, down 5.50 cents from last Monday's close. The morning session lost five cents on dealer selling and cheaper offerings of June One RSS. Prices fell a further half cent in quiet afternoon
      315 words
    • 321 14 R AS prices <«s cenwu c fob bales) NOON CLOSE Buyers SeHen Buyers Sellers Int 1 RSS prompt 200 00 201 00N 198 50 199.50N Int 1 RSS June 203 00 204 00 201 00 201.50 Int 1 RSS Ju»y 206 50 207 00 ***** 204 25
      321 words
    • 1030 14 COFFEE Robusta futures were £18 to £6 a tonne higher at midday yesterday but below new contract highs reached earlier. July ended at £2,333, £6 higher but below the high of £2,338. The market opened around unchanged before rallying on chart and technically based commission house and speculative
      1,030 words
  • Page 14 Advertisements
    • 120 14 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
      120 words

  • SHARE INFORMATION
    • 4414 15 YIELDING to the lethargy that has dominated investor sentiment during the past two months, the Singapore stock market ended on a mixed to easier note yesterday. The BT Composite Index lost 6.49 points to 884.78 while the widely-monitored Straits Times Industrial Index was
      4,414 words
    • 236 15 SINGAPORE Rises Indices Sr— g :g -M s Dr»4g 720 +20 "[?>■*■ 884.78 M cJUm 555 +20 CfefSS" *****22 *****10 1 S.rt..i 500 +16 JJ. 0 01 -MO in»l|iii|| 50« 344 Fa4 CiVln 312 To**e 1280 MsaatiH II10 TDM 238 Falls 14 14 10 10 +9 HIJI
      236 words
    • 380 15 THE Kuala Lumpur stock market passed through another easier session yesterday as lack of positive leads again kept investors on the sidelines. Amid the easier trend, selective interest was noted in certain tin and industrial issues. Brokers said the market was again affected by
      380 words
    • 2757 15 BID and offer prices official] listed and business In and r« ported to the Stock Exchange c Singapore yesterday with th number of shares traded show: in brackets in lots of 1,000 unit unless otherwise specified. A Time Settlement Contracts ar quoted after the word
      2,757 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 195 16 AP TWO underwriting companies announced on Tuesday the simultaneous public offer in New York and London of up to 28 per cent of the shares in Reuters, the British-based news and financial information service. The sale is aimed at raising funds for
      AP  -  195 words
    • 97 16 HONGKONG Australian Industrials Hang Seng Index Wednesday 991.2 Wednesday 949.32 Tuesday 989.4 Tuesday 924 07 Week ago 1001.4 Week ago 939 71 NEW YORK TOKYO Dow Jones Tuesday 1150.86 Tokyo Dow Jones Monday 1151.07 Wednesday *****85 Week ago 1176.30 Tuesday *****.72 Week ago *****.29 Standard and Poors Tuesday
      97 words
    • 234 16 Managers' prices MARA Bumiputra for May 17 Frst B'putra 6 36 6 41* Second B'putra 5 59 5 64 Singapore Unit Trust Third B'putra Fourth B'putra 4 85 4 90 567 572 The Commerce 3.27 3 47 Fifth B'putra 3 78 3 83 The Savings Fund 1 99
      234 words
    • 99 16 A BID by Elders EXL Ltd for Carlton A United Breweries Ltd (CUB) shares is likely to be extended by one month until June 27, Elders managing director John Elliott said. He did not indicate if he believes a group of Oversea-Chinese Banking Corp (OCBC)
      99 words
    • 156 16 GROUP losses at Leong Huat Industries worsened in 1983 by 77 per cent to $1.97 million from $1.11 million in the previous year. This is the fourth consecutive year that the troubled group has shown losses after tax and extraordinary items. However, there
      156 words
    • 411 16 High Low expansion slowed by costly land PLANTATION-based Highlands Lowlands Bhd has admitted that it has yet to make headway in its expansion and diversification plans. Chairman Dr Syed Mahmood bin Syed Hussain said: "With commodity prices at the current high levels, asking prices for agricultural land threaten to bear
      411 words
    • 2316 16 IBID and offer prices official listed and business In and r ported to the Kuala Lumpi Stock Exchance yesterday, wit 1 the number of shares trad< shown In brackets In IoU of 1,0 units unless otherwise speclfie INDUSTRIALS Acmo (2 856 2.955) cd Alcorn (2.318
      2,316 words
    • 483 17  -  By NAJEEB JARHOM THE LEGAL dispute between Dunlop Malaysian Industries Bhd (DMIB) and its associate IT International Sdn Bhd has been settled out of court. This follows an agreement reached between the two •parties as well as Dunlop Holdings
      483 words
    • 371 17  -  By RAMESH CHANDIRAMANI SIGMA Metal Co Ltd has found it hard to repeat its recordbreaking 1982 earnings performance last year. The aluminium products manufacturer could only manage group pre-tax profits of $903,000, about 44.4 per cent lower than its all-time best of $1.62
      371 words
    • 651 17  -  By CHAN OI CHEE MINORITY shareholders of Singapore Glass (1974) Ltd, the subject of a takeover bid by the Tan family of IGB Corporation, have again postponed their decision on the proposed sale of the company's glass-manufac-turing operations to ACI Asia Ltd.
      651 words
    • 607 17  -  By AMY CHEOK PAN MALAYAN Holdings Ltd has disclosed that there was some delay in the construction of two of itfi property projects undertaken by subsidiary Sin Chuan Development (Pte) Ltd. The completion date for the two projects
      607 words
    • 1026 17 THE STOCK market closed selectively higher in moderate volume yesterday. At 3pm, the FT-SE 100 index rose 9.3 points to 1,103.9 and the Financial Times 30-share index was unchanged at 878.0. Government bonds firmed up to half a point in response to the higher trend in US credit
      1,026 words
    • 202 17 Reuter IMPROVED trading conditions after a poor first quarter contributed to higher profits for ACI International Ltd in the year ended March 31. The company noted that the Australian economy continued its recovery and the New Zealand operations achieved strong results. ACI earlier
      Reuter  -  202 words
    • 139 17 TWO CONTRACTS worth a total of Msl6 million were awarded yesterday by Sime Sembawang Engineering (SSE) for the construction of its fabrication yard in Pasir Gudang, Johore. The first contract, to build a 4,000 square metre covered workshop, an administration building and infrastructure
      139 words
    • 241 17 FABER Merlin Malaysia Bhd has extended its long list of hotels/inns in Malaysia to Muar with the leasing of an 87-room hotel building in the Johore town. Agreement has been reached between wholly owned Merlin Inn Muar Sdn Bhd and the Pagoh branch of the
      241 words
    • 365 17 MBf HOLDINGS Bhd looks set to achieve its forecast of M 513.35 million in group pre-tax profits for the current financial year, judging froiji its performance at the half-way stage. For the six months ended March 31, 1984, the finance and property group managed to chalk up pre-tax profits
      365 words
    • 62 17 UNITED Industrial Corporation has announced that its first and final dividend of 5 per cent gross will be paid on May 31. LOYTAPE Bhd directors are proposing to change the name of the company to Samanda Holdings Bhd to reflect better the diversified business activities of the group.
      62 words
  • Page 16 Advertisements
    • 125 16 *4 ftSi' r '>f„i.' ■ij?'--"" v*-/ >" to the Commonwealth Trading Bank. Australia is a vast and complex marketplace advice on investments, markets and opportunities, that requires a great deal of understanding. All of which suggests that before you set foot And nobody could be in a better position to
      125 words

  • Page 17 Advertisements
    • 101 17 APPOINTMENT International trading company in Tropical produce has an opening for a j:i[i];li;Mild; Who has experience with the international import and export trade and has knowledge of the intricacies of futures markets (London/New York). The suitable man or woman should be able to shoulder responsibilities covering all aspects of the
      101 words
    • 144 17 Asia's first computer directory Published every year since 1976 1,305 companies listed in Singapore directory, including 368 new entries Revised and expanded, this eighth edition is designed to meet the information requirements of management: Profiles of 3,122 computer companies Profiles of 5,145 companies with computers 2,388 more listings than the
      144 words

  • 363 18 IN THE continuing saga over the sale of tickets for the Festival of Arts, the organising committee will now sell tickets on the basis of the best available seats. This should help reduce queuing time as it was found that precious
    363 words
  • 50 18 UPI BALLOONS decorating the League of Women Voters' Convention in Detroit on Monday read "Vote for global stability". But they did not exactly stabilise secret service agents' nerves when some of them floated into hot lights and exploded during a speech by Secretary of State George Shultz. UPI
    UPI  -  50 words
  • 446 18  -  -—The— Jalil Murder By TERESA LIM Hongkong Correspondent COUNSEL for the defence suggested yesterday that former Bumiputra Malaysia Finance (BMF) chairman Lorrain Osman behaved oddly on the day bank assistant general manager Jalil Ibrahim was murdered. Mr Colin Muscroft was summing up the case for the defence at
    446 words
  • 131 18 A NINE-YEAR-OLD Singapore student has won the first prize in the Second International Contest (Letters and Paintings) organised by the Ministry of Education in Chile. She is Serena Zheng Mei Ailing, a primary four student at the Permaisura Primary School in Commonwealth Drive. The
    131 words
  • 49 18 Reuter THE SOVIET UNION, increasingly concerned about youngsters turning to drinking, is to introduce anti-alcohol lessons in schools, even for seven-year-olds. Writing in an influential weekly, Deputy Health Minister Pyotr Burgasov said hospitals across Russia would set up treatment centres for underaged alcoholics. Reuter
    Reuter  -  49 words
  • 601 18  -  By JAIME LYE TRAVELLERS' tastes are changing fast and the travel industry cannot keep up with them. To compound this problem, some local agents are also reluctant to change their attitudes and mode of doing business. According to Mr John Wren, a trade
    601 words
  • 148 18 THE FAMILIAR boyish smile was there. So were the quiet, easy-going manners. Yes, it was Singapore's soccer star Fandi Ahmad at the Dynasty Hotel yesterday. But he was not fielding questions about soccer. Nor was he advising smokers to kick their habit. Instead, he was
    148 words
  • 32 18 Reuter THE Hongkong government is studying comprehensive recommendations made by a Bank of England team about the banking sector, Financial Secretary John Bremridge told the Legislative Council. Reuter
    Reuter  -  32 words
  • 335 18  -  By KANG SIEW KHENG WHILE other British contract cleaning companies turn to the United States for more businesses, Exclusive Cleaning Services has turned east. Yesterday, Exclusive Cleaning, a wholly-owned subsidiary of Brengreen Holdings (UK), formally bought over Ender Cleaning Services (Pte) Ltd. With
    335 words
  • 83 18 UPI DENTAL student Rannveig Axfjord may not get her degree from the University of Iceland. A set of false teeth she made for her graduation is in the mouth of a woman who died and was buried in a Reykjavik cemetery be- fore the
    UPI  -  83 words
  • LATE FILE
    • 46 18 Reuter DEPUTY FINANCE ministers from the Group of Ten started a one-day meeting in Paris yesterday to discuss international financial reform and ways of tackling the world debt crisis. France has proposed strengthening the roles of the IMF and World Bank.
      Reuter  -  46 words
    • 28 18 Reuter THAILAND'S Parliament has approved repatriation agreements to allow French and American citizens in Thai jails to complete their sentences in their own countries. Reuter
      Reuter  -  28 words
    • 37 18 Reuter MORE THAN 40 people have been killed by rain, storms, floods, and landslides in Bangladesh and north-east India during the past four days, said the Press Trust of India yesterday. Reuter
      Reuter  -  37 words
    • 40 18 AFP A SUNKEN historical wreck claimed by Malaysia and the Netherlands is so damaged that it is impossible to identify. The ship is believed to be the Dutch East India Company's vessel Risdam, which sank in 1727. AFP
      AFP  -  40 words
    • 49 18 UPI HEBREW Union CollegeJewish Institute of Religion in New York will honour Dr Gerhart Riegner, who first disclosed to the world that Adolf Hitler planned to exterminate European Jews. The US$lO,OOO Roger E Joseph Prize would be awarded to Dr Riegner on May 27. UPI
      UPI  -  49 words
    • 31 18 Reuter INDONESIAN Lieu tenantGeneral Ali Murtopo, a key strategist in the country's New Order government, was buried yesterday with full military honours at Jakarta's Heroes Cemetry.
      Reuter  -  31 words
    • 37 18 AP A STRIKE by West German metalworkers spread yesterday to the Mercedes-Benz factory in Stuttgart, where the union called out 32,000 workers starting at midnight to press demands for a 35-hour work week. AP
      AP  -  37 words
  • Page 18 Advertisements
    • 15 18 IV Cloisonne from $57.00 n Miscellaneous Ivory ami Cloisonne from 17.20 Ivory Netsuke from 563.75
      15 words
    • 415 18 Dutch companies increasing trad* with Singapore Paga4 Taking Charge: Assertion Techniques for Women Managers Singapore, June 11 13,1984 The aim of this workshop is to teach women how to manage business and personal life in an !,l Ve ash,on A i the end of the course, participants should be able
      415 words
  • Page 18 Miscellaneous
    • 57 18 wwm Outlook for today: Showers in o few areas in the early morning; otherwise fair. Report for 24 hours prior to JOpm on May 16 at the airport Maximum temperature 31.6 Associated humidity 71 Minimum temperature 25.5 Associated humidity 89 Hours of sunshine 10.45 Roinfall in millimetres Nil Rainfall this
      57 words

  • SHIPPING TIMES
    • 208 19 UPI COUNTRIES sponsoring efforts to stop pirate attacks on boatpeopte in the South China Sea have reaffirmed their commitment to aid the Thai government, the UN High Commissioner for Refugees (Unhcr) said. Donor countries have t*en concerned over the small number of actual arrests
      UPI  -  208 words
    • 484 19  -  By G DURAIRAJ A NEW RULING which empowers the Malaysian Domestic Shipping and Licensing Board (DSLB) to take over the responsibility of licensing offshore supply vessels from Petronas is expected to be more stringent on the status of vessel operators. It is
      484 words
    • PORTSIDES
      • 116 19 TWO LEADING British maritime research centres are planning to merge so that they can compete more effectively on the international scene. TJ 1 British Ship Research Association and NMI, formerly the National Maritime Institute, could become one organisation by the end of the year. A study on
        116 words
      • 59 19 Reuter THE HONGKONG/Europe Freight Conference said it is withdrawing the congestion surcharge of 5 per cei# applied to cargo loaded for direct discharge at Benghazi, effective May 15. The Japan/Indonesia Freight Conference raised its bunker surcharge to 40.5 per cent from 39.4 per cent for iron and steel
        Reuter  -  59 words
      • 43 19 Reuter THE TRANS PACIFIC Freight Conference and the' New York Freight Bureau said they will increase the Hongkong container freight station charge to HK$5O per revenue ton from $40, effective July 1. They attributed the rise to increased costs. Reuter
        Reuter  -  43 words
      • 120 19 Reuter INDIAN SHIPPING companies are likely to complete purchases of new ships totalling 2.4 million gross registered tonnes (grt) in the period of the current five-year development plan ending March 31, 1985, the Indian Shipping and Transport Ministry said. It said this was below the target set
        Reuter  -  120 words
    • 674 19 flhinnki n 1 1 unv Pag* Col Abex Transport V 1 Afea VI 3 Ahrenkiel Liner vn 5 Alpac VI 5 Antara Shpg IV I A PC Line V 4 APL m 4/5 ASCL m 1 Asia broker V 5 Austasia Line V 1 Bait-Orient vn 4/5
      674 words
    • 1633 20 Maritime Asia POLITICALLY ISOLATED, Taiwan cannot afford to dictate in maritime policy. But the Taipei authorities have witnessed some extraordinary growth, with the appearance of a blameless record of free enterprise. Shipping is perhaps a prime example. In regulating its shipping links with other countries, the usual
      Maritime Asia  -  1,633 words
    • 1745 20 FEW fixture details emerged, but rates held firm in the US Gulf on the freight market on Tuesday. Two bulkers working the Gulf secured US$27 and $17.06 (fio) for grain shipments to Japan. The vessels concerned were the K Challenger at $17.05 in end-of-May position with 52,000 tons
      1,745 words
    • 165 20 THE CONTAINER ship Nedlloyd van Noort was in Singapore recently on its maiden voyage for Scan Dutch's "S" service. The vessel, owned by Nedlloyd EAC Lines and chartered to the Scan Dutch consortium, replaces the Woensdrecht. Scandutch's "S" service runs once a month from the
      165 words
    • 270 20 EVER SINCE the Philippine Ports Authority pegged port fees in dollars last February and collected these in pesos, foreign shipping companies have insisted that the PPA raised its fees more than the authorised ceiling. PPA officials have however claimed that the increases scheduled for this year
      270 words
    • 193 21 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
    • 316 21 Reuter NIPPON STEEL Corporation has signed a 10-year contract with a joint venture Brazilian-Norwegian shipping company for the carriage of two million tonnes of Brazilian iron ore a year to be imported from the new Carajas project coming on stream in July 1986, company
      Reuter  -  316 words
    • 132 21 KOREAN SHIPOWNERS may be allowed to purchase new tonnage from foreign shipyards if a plan proposed by the Maritime and Port Administration is passed. This would effectively end the longstanding ban on such actions. According to the Korean Maritime News, the KMPA however has imposed
      132 words
    • 699 21 International Transport Journal THE ORDEAL of the Greek container company Hellenic Lines, which caus- ed a major stir in a number of respects, has now come to an end. By invoking Chapter 11 of the United States Bankruptcy Code, Hellenic obtained a reprieve
      International Transport Journal  -  699 words
    • 185 21 FIRM PLANS to set up a national shipping line in Kenya have been confirmed by the government. In the first public statement on the proposed venture, the country's Ministry of Transport and Communications, Mr Henry Kosgey, said creation of the line would be linked to expansion of
      185 words
    • 6468 26 IQQCaBIDOB.B 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
      6,468 words
    • 664 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Gold Orli As Pallas Australia Islamabad SA Vaal Tokyo Bay B Penaga P Vanburen Hammurobi Strathconon As Progress Harvester Takari II Action Maersk Mango HK Container Thana Bhum Monte Ruby Maria Hang Glory Mont Blanc M Nik Golovan Sea
      664 words
    • 1662 27 Who acts for whom The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S) Uae Transgroup <S) AhreakJel Uaer ServW Kim Shpg (S> C Taepfar Oceanus Shipping Agency (S) Marintex Enterprise (PK). Alpar Intrasea (S) Bintang Shpg (KL) Island Cargo Handling and Forwarding
      1,662 words
    • 850 28 ALGIERS Algiers April 15th. About 3 to 4 days delays. Annaba April 29th. 6 vessels waiting. Bajaia April 29th. 3 vessels waiting. Mostaganem April 29th. 5 vessels waiting for berths. ANGOLA Luanda April 19th. No berthing delays. Lobito April 18th. No delays. ARGENTINA Bahia Blanca May Ist. Waiting
      850 words
    • 470 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Hua Chun 47 Y Fung alongside 17.5.84/1200 Koyu Maru 19 Sharp alongside 17.5.84/2300 Kriti Garnet 31/2 Straits Tptn alongside 17.5.84/2300 Lindblad Explorer 45 Boustead alongside 17.5.84/2100 Lucky Pine 10/11 S'pore Shpg alongside 17.5.84/1100 Noshiro Maru 44 BOR
      470 words
  • Page 19 Advertisements
    • 423 19 HEUNG-A SHIPPING Korea Flag Vsls Regular Liner Semi-Container Service To: P. Ketonf/Penanf/Banfkok/Keelunf/ Busan/Inchon fm: Busan/Moji/H. Konf s'pore Agent: Neptune Agencies Pte Ltd Tel: *****77 P.K. *****4, PN *****5 K.L. *****0 LONDON Freights CONSORTIA SHIPPING Schedule CONTAINER Schedules WHO Acts for Whom PORT Conditions SHIPS In Port REGIONAL Weether I OiycNT
      423 words
    • 549 19 SEALORDH UASC UNITED ARAB SHIPPING CO'SAG/ NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE FROM J \r\\ T \l\\ IfOMikOMi HAMMAa VS Al MRQAB »V Al MMIVAH IT Al RASA M+ AISO CHUMS HAfiOYA HAXAIA ll* AIM 85* 5/5
      549 words
    • 768 19 Times Bookshow *r MAERSK LINE FASTEST SERVICE FROM SINGAPORE ANTWERP ROTTERDAM U.K. BREMERHAVEN HAMBURG LE HAVRE SCANDINAVIA TO EUROPE 17 DAYS 18 DAYS 19 DAYS 19 DAYS 20 DAYS 20 DAYS 21 DAYS NEXT SAILING M.S. AXEL MAERSK SINGAPORE: 24/5/84 PORT KELANG: 17-17/5 PENANG: 18-19/5 Via Feeder MAERSK RANDO SPORT
      768 words

  • Page 20 Advertisements
    • 292 20 wimm FAR EAST/EUROPE CONTAINER SERVICE r—# Mm Accaptmi 1) Barcelona. Genoa, 2) Amsterdam. Antwerp. I tow*. Basle. UK. 3) Bremen. Bremertvaven. Aarhus Copenhafen. Helsinki 4) Matmo Stockholm. Oslo •Accept** Europe car jo lor leeder ma Spore 'Also (Meet carpi lor Spore t Bangkok Pb contact PERMBC P AeUnj tor teeder
      292 words
    • 355 20 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES 'M USA/CANADA m Pacific South Wml Pacific North W*st Faadar at Tokyo Faadar at Koba Atlantic/Canada FaadaratKoba W I* LM/LB UM MMMT n »1 a U |M_ Ml »m*a»uii m/ 6 17/s i «rouo lift Wi 2v< Tmma tX H J 1 V/t 1180 HWSA 7/7
      355 words

  • Page 21 Advertisements
    • 756 21 mm mm The Straits Steamship Group QCL Overseas Containers Limited BU SM TK KB HK. KS HK KS HK, KS TK KB BU SM HK. KS HK. KS HK. KS HK. KS BU T*. KB GUIF TRAD€ cONTAIMERSHIP SERVICE TO UK CONTINENT 27/5 2J/5 •3/6 K/l 11/6 12/6 19/6 21/6
      756 words
    • 745 21 Franco Belgian Services I ->r I ~sr S[ rt f< t irlKKin y. tr hilslcrn I int s »vw to tmon rip (Mfmhci oi Ace nn comwptSHr sawct fmm eibow ssr.'s? w °-n?T: as st !T: ?s 'ft- "**> sassr-ss «s »s 3-1- it is sstf,x» it is,; ofwionu QW
      745 words

  • Page 22 Advertisements
    • 840 22 I TO CONT»€NT,UK Hapag-Lloyc EXPORT FraoAturt Express 27/5 20/5 Liverpool Bay J/J 5/1 Bremen Eipress 10/6 12/1 Mjmbwf Eipress It 6 20/( Toko Eiprns 21/1 21/1 Be»u»or 4/7 4/7 *onf Eiprns 12/7 14/7 S pore P Kelartg S ton HDurg B'ha»en Rdam le Ha«r< Antwerp 20/5 22/5 l/l 10/1 12/|
      840 words
    • 481 22 LINE KOMfM IhtPP'HL fully'containerised service 10 EUROPf VIA SUEZ 1 Member ol the Ace Consortum LlHivrt d«n Fttewt H twj krtwr 9 6 10/t 12 6 14 6 17 6 23 6 24 6 26/6 28 6 1/7 28 6 79/6 1/7 3/7 6/7 FRfIM [UROPf VIA SUEZ A M^^MhHc7
      481 words
    • 449 22 f© EVERGREEN LINE I I FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG Fa t LCI CARGO FOR m NK FlI ROM MM IHV (.trGude 25/05 27/05 II M 20/00 22/00 24/00 20/00 E,erl,«, MM not 30/00 02/07 04 07 0i 07 00/07 £»e» (Utter MM 15 M MO7 00/07 10/07 11/07 U/07
      449 words
    • 864 22 \W»\* ln«.i»oi'ioo«i Miiiiim MiiKixt s FULL CONTAINER SERVICE to U S WEST COAST U Alia »K*#tia| CK|| Ik In A*t*u Sit FrMcuci A Vessel 'A' Vessel MEXICO A CENTRAL AMERICA 27/4 Saiafca Safcu Cruz 3/6 1)0 4/5 Tarasco Manzarflo l«/« GfICRM. AGfKTS SINOSE MARITIME PTE LTD TH: *****44/7 PK f
      864 words
    • 317 22 US I NOSE a MARITIME PTE LTD ISLAMIC REPUBLIC OF 'RAN SHIPPING LINES IRANIAN SERVICES PORT MIANG PfNANG S«|iport Lm*« tar 23/5 B JU*n B Khamn SINOSf MARiTME PT{ IT O TEI ******4 7 t *****70 MAIOSE MARtTB* SON BHD Ttt *****7/3 MALArSIA IRAK t TRANSPORT LTD I« ***** I
      317 words

  • Page 23 Advertisements
    • 548 23 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL KOTA WANGSA KOTA MURNI KOTA AGUNG VOYAGE E-501 E-505 E-507 SINGAPORE LOADING FOR: 2 5 JJOOE lOAH. JEOOAN. ADEN. PORT SUDAN. MOMBASA. D'SALAAM ,f®". HODEIDAN. JEDOAN. AOABA. PTSUDAN. ADEN 15-20/6 HOOEIDAH, JEDOAN, MOGADISCIO. MOMBASA. D'SALAAM KOTA CAHAYA KOTA PUBAKA VOYAGE E-296 E-300 OAMMAM 23-26/6
      548 words
    • 276 23 KOTA HARAPAN NOTA BAHAGiA KOTA BERLIAN MALAYSIA SHIPPING CORPN. SDN. BHD. VOY PENANG P. KELANG lOADMG FOR 4/«4 11-22/5 KUC/KK/SKN 5/M 23-21/5 KK/SXN/TA 5/14 6-10/6 11-16/6 KU/KK/SKN 5/M 14-11/6 KK/SKN/TA Agents SINGAPORE PIL P KEIANG SEL AT AN AGENCY K L. SELAIAN AGENCY PENANG lEAN BEE &CO TEL *****33 TEL
      276 words
    • 971 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO I UtiOtt Cmfciwlji Franktwt Eiptets literpaol On Bremen Eiprest H«nbw| fipreil 10*10 Eipreti Berviror Honffconf Eipreis Cardgan Bay >»0M EUROPE fa*to Bay tnrerpool Bay Bremen (iprfit Hambuj f iprm Kurama Mjfu Eipreu Benj.or #"C Eiprm Cardan Bay I S POW f
      971 words
    • 606 23 W DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST FULL-CONTAINER SERVICE COW* V8HB SPORE MO 23/5 21/S YOKOHAMA KOBE 2/« 4/6 EXPRESS SEMI-CONTAINER SERVICE TO/FROM nipnpf ar' ;ss as vn*vm I MM u* IS/( H/« U/7 11/7 /7 m ARE ACCEPTMG BOTH C0NTAHRS. CONVENTIONAL C/UtGO AM) BUK LIQUD CARGO FOR BOTH
      606 words
    • 613 23 BOUSTEAD SHIPPING AGENCIES EXPRESS INDEPENDENT SERVICE Tfl UK/CONT IVYBANK CLYDEBANK R'DAM hull hmbg 14 July 21 July 17 July 3 Aug 9 Aug 5 Aug w U.S. 6ULF DRECT SERVICE HO om Nola Hstn Gal* SPORE for TO?*?!®? 0 5?!? Sa ed Sa,led 6/6 21/7 STELLA LYKES 27/5 1/6 9/7
      613 words

  • Page 24 Advertisements
    • 903 24 K ECUADOR/PERU/CHILE FEEDER/ MOTHER VSL IOHOUE BRIDGE V3l A KAWASAKI KISEN KAISHA. LTD.spore lun NAGOY* 26 lun GUAVAQUII 26 Jul CENTRAL AMERICA /CARIBBEAN SEA FEEOER VSI MOTHER VSI S PORE NAGOYA WHORE BROGE V3l A VSI Ito 2i ALSO ACCEPTING PUERTO QUT2AI (23 ml) S. LORENZO (27 M.) SAN JUAN
      903 words
    • 427 24 MATAKAWA MARU V 5114F s VAAL 5715E inw L^J 70 SHENTON WAV #04 03 MARINA HOUSE SHGAPORE 0707 TEL ??1801l TELEX NO RS ***** CFS OfFICE TPC *03 0?9 TH *****31 and *****32 RMWAI OFFICE TPC *03 030 Ttt *****90/*****93 BE CHAR CHING MARINE CO LTD lICUKMI USA KESTCOAST FULLY
      427 words
    • 405 24 AFEA LINE WEST AFRICA yraiffflF fir" STOW 10AWNG FOR 30/5 l»l«. Pt Harcovt. Malatf SEBWICI CHINA SERVICE KOBE EXPRESS 10/6 Shangha. Also Accepting cargo to Huangpu. Shekou. Furtou Xiamen and Xingang Agents: AFRICAN SHIPPING AGENCY (S) PTE LTD 70 SHENTON WAY. 18 01A MARINA HOUSE S PORE 0207 TEL *****33
      405 words
    • 535 24 SANKO ASIA LINES FROM JAPANESE POUTS ANO MONGKOWG\\C<^ 1 KOYU MARU 2 SOON CHURN 3 BfRDIMRI 4 TEKAD 5 RAM TMOR 6 REGENT RANGER 7 FUKUZAKI MARU Snfaporc GONI9/17 May 21/23 May 22/24 May 24/76 May 26/21 May 29/31 May 2/4 Jun P. Retanf 11/20 May 24/25 May 25/26 Mar
      535 words
    • 594 24 _t_ INTRASEA (PTE) LTD. SBS 'e nso oa d »27 16 International Plaza Singapore 0207 Tel *****1 1 (1 0 Lines) <► lEAKBULK SERVICE TO EUBOPE/UK DAHLIA *****05 KONKAR THETIS S pore P *eUn| loadmf lor> l«/ 5 NANTES ROTT/U.K W M 5 1/6 ANT ROTT/U.K 0 ALP AC LINE
      594 words

  • Page 25 Advertisements
    • 585 25 g.NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): 0 CHEF 39W HK CONTAINER 40*. SS BRDGE 46W C CONTAINER 26W I 27/6 28/6 16/7 17/7 19// W Also accepting cargo to/from Scandinavia K JACEJIN S pore Closing Times: FCL Cargo 1500 20/5 LCL Cargo 0300 20/5 FROM EUROPE (VIA
      585 words
    • 601 25 SEMI-CONTAINERISED DIRECT SERVICE T BANGKOK. KEELUNG. BUSAN. INCHON K KN BM KEE MCHON BUSM 19/5 24/5 7/4 10 S 20/ 5 2/4 14/6 2/4 5/4 10 6 22/6 U/6 2J/6 25/6 Ne Dwimi 401N GcntrH Stf.tv II 5 44 Fm 0)00 1200 MB Ken* Murl S* J7/I Vtfid No 7
      601 words
    • 1045 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Nunbers RS 213*0 RS ***** RS ***** P. KEIAMC POMNG M/S SHAMKAT NAH SOON SON. M>. IST AND 2ND FLOOR. lESSRS HAI THONG SWPMG 23 WeW
      1,045 words
    • 31 25 MAURITIUS REUNION AESTBOUND BELA MONDO 9W/84 ALS CONFIDENCE SE/84 Agents: Kim Shipping Trading Pte Ltd 63 Market Street. *08-06 Tat Lee Btdg S pore 0104 Telex RS ***** KIMTRA, Tel *****8
      31 words

  • Page 26 Advertisements
    • 943 26 Container Lines (fyflmrii 2 Sailings Weekly llii'Reliable Regular Punctual .Berthing PS A 1500 Hrs Tuesday Saturday (HAN* BHUM SMI BHUM I HON* BHUM SMI BHUM THAN* BHUM SMI BHUM THANA BHUM SMI BHUM THANA BHUM SMI BHUM IHANA BHUM VOY 11SS 119N 16JS 169N 119S 120N VI69S WON 120S 121N
      943 words

  • Page 27 Advertisements
    • 76 27 LICOIiNK French Line REGULAR AGENTS SEAL lON SHTfMG (S) PTE LTD. RE SALES/BOOK MGS TEL *****81 (t LICS) M/V ANKXJ VSLS4 M/V ARMAGNAC V6LS4 M/V ARTOIS V7LS4 DIRECT FULL CONTAINER SERVICES TO US PACIFIC COAST amiv »a*r< ORIf NF Al S( AMINOS UNfR AGENCY PTF I ID ?J* G AP
      76 words
    • 207 27 Scan Dutch tf f-IMMMHSK&HHiHi To Europe (Med/UK/NC/Scan) FEEDER PENANG Anson In Port Anson 24/5 Anson 31/5 Anson 7/6 Anson 14/6 Anson 21/6 FEEDE P. KELANG B Butang 18/5 B Kemurong 25/5 B Butang 1/6 B Kemunmg 8/6 B Buting 15/6 B Kemunmg 22/6 I MOTHER VEBBEL Nthon N Detft SeUndia
      207 words

  • Page 28 Advertisements
    • 90 28 WORLD LINE EXPRESS REGULAR SERVICE JAPAN/HONGKONG/STRMTS ALSO ftCCEPTMG CMGO TO POT KQJNG *SS£tf SPO« P REIANG c*mm m m Mar»/21 22/23 DU* m. 2 22/23 May 24/25 HOW K May fey 31/Jm 1 M IRC ntMk bartk Smtim, at PPW Ml 303 Ct7 S<to«e Gen Apnt NPfOM EVKSS (J) PTII
      90 words
  • Page 28 Miscellaneous
    • 174 28 Regional Weather a *s A S to A bW s r: 54 o TnL^ Yi lt !P§£ °C ~S Wim SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots V y*. Wav* height Cloudy Sky Surface
      174 words