The Business Times, 2 July 1984
1984-07-02
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The Business Times
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Title Section11 1984-07-02 1 BUSINESS TIMES M.C. (P) No. 66/1/84 MONDAY, JULY 2,1*84 60 CENTS11 words
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572 1984-07-02 1 JOHN LIM - More may lose jobs if company's 'adjustment' spreads By JOHN LIM, Industrial Correspondent PCI INCORPORATED has retrenched 63 engineers, supervisors and clerical staff. And more workers may lose their jobs if the "organisational adjustment" which the company is undertaking spreads to include572 words
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308 1984-07-02 1 WANG LOOK KEAH - By WANG LOOK KEAH, Transport Correspondent SINGAPORE Airlines has decided not to subscribe to the computerised travel reservations system, Travelnet, launched by Telecoms a year ago. The national carrier sees no commercial advantage in doing so at the moment, said an SIA308 words
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Article, Illustration478 1984-07-02 1 AMY BALAN - By AMY BALAN YESTERDAY WAS the day of the Singapore soldier. And if any event made it a proud day, it was the parade at the National Stadium last night. Starting off with military precision, more than 2,500 servicemen and servicewomen478 words
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354 1984-07-02 1 FAR EAST-Levingston Shipbuilding (FELS) is close to finalising a $70 million contract to build a jack-up rig which will be the first order in the year for the rig-building industry here. A letter of intent has been received from Salen Energy of Scandinavia354 words
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307 1984-07-02 1 Reuter CHINA yesterday renewed its attack on Soviet backing for Vietnam shortly after a top Chinese official arrived in Moscow to try to improve relations with the Soviet Union. "The Soviet-Vietnamese 'strategic alliance' formed in 1978 is the root cause of tension andReuter - 307 words
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103 1984-07-02 1 AFP BUSINESS LEADERS in the US are slightly less confident about the future than earlier this year, according to a poll by the Conference Board's measure of business confidence. The board, one of the main bodies representing US business chiefs, regularly questions 1,500 industrialAFP - 103 words
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Article72 1984-07-02 1 AFP AN 18-MEMBER Singapore mission left yesterday for Tokyo for an eight-day visit to study Japanese labour-management communication systems. The team, led by Mr Eric Cheong, general secretary of the Manual and Mercantile Workers Union and a government backbencher, will visit various Japanese companies duringAFP - 72 words
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Page 1 Advertisements
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Advertisement108 1984-07-02 1 Call Wayfoong at 737-7977 for a fast decision on your loan Waytoong Mortgage and Finance (S) Ltd A wtio«y owned subsidiary of Hongkong Bank 6 Claymore Hil) *03-00 Claymore Plaza. Singapore 0922 A.P. No. 0006 w KX-20PS1 51cm (20 inch) Profeel; a professional studio monitor for the home features Sony's108 words
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Advertisement358 1984-07-02 1 The concert music business is a marrioge between talent and audiences who want to enjoy that talent. BERNARD HOLLAND examines the complications of this musical courtship and matrimony, r Page 9 1 The life of Winston Churchill is so huge, so resonant with achievements, failures and contradictions, that the prospective358 words
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Advertisement82 1984-07-02 1 Give a lifetime of writing pleasure CROSS' SINCE 1846 America's finest writing instruments So** l Aoenfs MAIKO GENERAL AGENCIES (S) PTE. LTD. Tel *****25 *****42 When Japan Air Lines is NO.I out of 129 airfines in the world* you are in a class of your own. Thank you for your82 words
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MANAGEMENT
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1153 1984-07-02 2 TSANG SAU YIN - By TSANG SAU YIN AMERICAN companies may be less responsive to foreign competition and are making fewer new products than their European counterparts. In a study released recently in the US and Europe, results indicate that fewer US companies have a defined strategy for technology1,153 words
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129 1984-07-02 2 AMERICAN expatriates living In Singapore are much better paid than their British counterparta, a US-baaed report shewed. The Conference Board at New York made a recent analysts of overall salary levels for selected occspatioas and included the living aad housing costs far Britiah129 words
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Article372 1984-07-02 2 Seminars and courses DURATION TITLE July 2-4 Predicting Corporate Financial Distress July 2-6 CAE/CAD/CAM: An Introduction to Factory Automation July 2-6 Coaching Training Skills July 2-7 SIM Course Leoders' Course July 3-4 Advanced Usage Of Financial Futures July 4 Import And Export For Own Business July 5, 6, 9,372 words
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684 1984-07-02 2 JAMES BURTON - The move by UK electronics company, Plessey, to buy into Italian company, Elettronica, will mean more research and development spending on electronic warfare equipment. JAMES BURTON reports. JAMES BURTON FT TO ANYONE who thinks that Italian industry barely exists further south than the PoFT - 684 words
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Article323 1984-07-02 2 Reuter MICHAELA Walsh, president of a five-year-old venture in international finance known as Women's World Banking (WWB), thinks there is no stopping women in business and is raising loans to help them prove the point. Formed as a non-profit venture in 1979 with help from the UnitedReuter - 323 words
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798 1984-07-02 3 LOUISE KEHOE - By LOUISE KEHOE THE POTENTIAL success of a new computer product has, until recently, been gauged in terms of bits and bytes, rams and roms. Today, however, industry analysts are more concerned with the advertising budget that a manufacturer has798 words
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Article, Illustration990 1984-07-02 3 CHUANG PECK MING - MARKETING^ By CHUANG PECK MING IS A PICTURE worth a thousand words? No, said Jack Trout last week at a marketing seminar. A word is worth a thousand pictures, he said, inverting the saying of Confucius. "These seven words, not pictures mind990 words
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Article, Illustration306 1984-07-02 3 LEE HAN SHIH - 1M» MNife Compiled by LEE HAN SHIH THE WORLDWIDE semiconductor boom will continue until 1986, the year when shipment by American and European semiconductor makers will be about U5522.5 billion, said the US Semiconductor Industry Association recently. This may spell bad news for306 words
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Article193 1984-07-02 3 RESEARCH IN NUCLEAR FUSION TECHNOLOGY AT ONE GLANCE it may look like a mad scientist's vision of a giant high-technology giant doughnut, so big that it needs two men to put the finishing touch inside the hole. In reality, it is the largest superconductive magnet193 words
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Article93 1984-07-02 3 ROBOTICS ROBOTS that are designed to use machine guns and rocket launchers instead of welding irons or spraying cans are beginning to be marketed in the US, and some of the buyers are said to be West Asian royal families. In their final forms, these robots93 words
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Article117 1984-07-02 3 COMPUTERS IT SEEMS that a day can hardly go by without somebody finding a new use for the computer. Now the cultivation of salmon has also gone the digitised way in Sweden. Mr Thore Sterner has developed a software program to extract every bit out of the whole117 words
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Page 2 Advertisements
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Advertisement78 1984-07-02 2 THE BEST SELLING BEER IN has 4MB confidence H I M villlVl bemq the No 1 beer m China is not just an excellent beer .vith a rich luscious and unique taste <t contains mineral substances which art- vital to The human body It indeed a health -jqivinq excellent beer78 words
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Advertisement65 1984-07-02 2 Coffee Grinder KG-52 **j H r favourite from the geof ffeemakers. you need that hot k Rowenta es you best because .we take the chore, not the fun out of coffee-making. Available at all department stores, emporiums and home appliance dealers THE GREAT BOOKS For those interested in Intellectual Enjoyment65 words
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Page 3 Advertisements
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Advertisement203 1984-07-02 3 GATE HOUSE Exclusively \ours... Gate House is set amidst 17 acres of lavish open ground, away from bustling city traffic yet easily accessible to schools, tertiary institutions, shopping and entertainment centres. 22 Individual Designs There are 22 different apartment designs ranging from the studio apartment of 73 sq m to203 words
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OVERSEAS
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Article, Illustration610 1984-07-02 4 US Secretary of State speaks out against Iran-Iraq war UPI US SECRETARY of State George Shultz said last Saturday that "probably a quarter of a million people" have been killed in the 3'/2-year-old war between Iran and Iraq and an equal number wounded.UPI; UPI photo - 610 words
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119 1984-07-02 4 AFP THE TAIWANESE government has approved an application from Hongkong's Consup Company to invest US$2.O4 million in the production of electronic telephone sets, fascimile and digital key telephone systems in Taiwan, an official said on Saturday. He said that about 70 perAFP - 119 words
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149 1984-07-02 4 AP CHINA has announced flexible, new economic policies for Tibet designed to double family incomes in five years. Tibet lags behind much of the rest of the country economically. Per capita income was US$96 last year, compared with US$l3B for peasants elsewhere inAP - 149 words
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126 1984-07-02 4 AFP MACAU will soon receive 10 per cent of its electricity from China, it was announced at the opening last Saturday of an electric power connection with neighbouring Guangdong. A shortage of electricity used to be considered the main barrierAFP - 126 words
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662 1984-07-02 4 AP FOUR YEARS after returning to the International Labour Organisation, the US appears to be rapidly strengthening its position in the UN agency while Soviet influence wanes. The growth of US influence since its 1977-1980 break in membership has in fact been accompaniedAP - 662 words
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177 1984-07-02 4 AFP JAPAN plans to start building three underground crude oil reserve tanks with a total storage capacity of 31.4 million barrels starting next March, press reports said last Friday. The Kyodo news service, quoting an official of the Natural Resources and Energy Agency,AFP - 177 words
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533 1984-07-02 4 Reuter THE European Economic Community has decided to reform its regional fund after more than a quarter of a century of joint policies have failed to erase inequalities between the richest and poorest parts of Europe. The community's original members pledgedReuter - 533 words
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305 1984-07-02 4 AP CHINA criticised Japan's newly revised school textbooks yesterday, saying they still distort or ignore the Japanese army's wartime atrocities. Japan's first revision of the textbooks in 1982 provoked outrage in China and other countries occupied by 'the Japanese before and during World WarAP - 305 words
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Article, Illustration63 1984-07-02 4 FRED PERRY (left), being interviewed beside the statue of himself near Wimbledon's Centre Court. The statue was erected on the 50th anniversary of Perry winning the first of his three consecutive Wimbledon tennis championships. Perry, 75, now an American citizen also won the United States tennis championships threeUPI photo - 63 words
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506 1984-07-02 5 AFP A SWISS bank, investigating a multi-million dollar international bond fraud in conjunction with a US bank, has said that the inquiry will be long and difficult because the main suspect a Swiss bank employee has committed suicide. The Swiss bank, the UnionAFP - 506 words
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128 1984-07-02 5 Reuter THAILAND'S economic growth in 1984 will be almost unchanged or slightly lower than the 5.6-per cent growth recorded last year, reported Thai Farmers Bank Ltd. The bank's projection compares with a forecast of 6.2-per cent to 6.5-per cent growth by the BankReuter - 128 words
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209 1984-07-02 5 AP AFRICAN heads of state gathered in Harare, Zimbabwe last Saturday to witness the formal birth of a 14-nation common market pledged to loosen trade ties with the west and boost business among themselves. The eastern and southern AfricanAP - 209 words
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299 1984-07-02 5 Reuter EIGHT former directors of the failed Banco Ambrosiano and five other Milanese financiers were ordered to stand trial on Friday on charges relating to the bank's collapse in 1962, Milanese justice officials said. The eight included Carlo Pesenti, chairman of ItalmobiliareReuter - 299 words
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Article, Illustration409 1984-07-02 5 Reuter AN INDIAN government investigation of the Sikh crisis lays much of the blame on the Punjab state administration, according to informed sources. Word of the conclusion came soon after the government announced the resignations of the Governor of Punjab, Mr Bhairab Dutt Pande, and theReuter; AP photo - 409 words
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WORLD IN BRIEF
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Article45 1984-07-02 5 BRITAIN'S striking coal miners have suffered US$475 million in lost wages because of their 16-week dispute with the government, Energy Secretary Peter Walker said last Saturday. He blamed the strike on Arthur Scargill, far-left leader of the 183,000-member National Union of Mine Workers.45 words
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Article41 1984-07-02 5 BEIJING has signed a trade and co-operation agreement with communist Hungary and agreed to set up a permanent body to implement it. Th' agreement was signed by Chinese Foreign Trade Minister Chen Muhua and his Hungarian counterpart, Peter Veress.41 words
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Article58 1984-07-02 5 BRITISH detectives hunting robbers who stole US$43 mil- lion in gold, jewels and banknotes, are carrying out investigations in Spain. Deputy-assistant Police Commissioner David Powis said Scotland Yard detectives were engaged in enquiries in Spain but refused to confirm or deny that suspects had been identified in58 words
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Article51 1984-07-02 5 AN OFFICIAL investigation into the case of food poisoning which claimed 766 victims on British Airways first-class flights last March blames a catering worker carrying the salmonella germ as the most likely cause. The infection was made worse by poor hygiene in BA's catering faciltiies at London's Heathrow51 words
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Article52 1984-07-02 5 A JAPANESE oil developer said it had made another oil find in a Japan-China joint oil development project in Bohai Bay off Northern China. It said the 12th test-well sunk in the bay was turning out about 4,000 barrels of crude oil and 64,500 cubic metres of natural52 words
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Article37 1984-07-02 5 A NOTED Roman Catholic theologian last Saturday reaffirmed the Church's position against test-tube conception for humans. Monsignor Carlo Caffarra said "only the conjugal act (sexual intercourse) is ethically worthy to start a new human life".37 words
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Article37 1984-07-02 5 FOREIGN construction orders received by South Korean contractors in the first five months of this year amounted US$l.74 billion, lowest in five years. The number of orders was down 39 per cent from a year ago.37 words
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132 1984-07-02 5 AFP A LOUISIANA court has ordered Pan American Airlines to pay US$lO.9 million in damages and interest to a couple whose daughter was killed at home in 1982 by a plane that crashed shortly after takeoff. The Pan AmAFP - 132 words
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457 1984-07-02 5 Two forecasters attack the Carter 'Global 2000' report AP FAR FROM the pessimistic predictions of a study produced by the administration of former US President Jimmy Carter, the world in the year 2000 will be less crowded, less polluted and have more resources. According toAP - 457 words
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378 1984-07-02 5 AP TRADE MINISTERS from the US, Japan, Canada and the European Economic Community ended a two-day informal meeting on Saturday with agreement to accelerate tariff cuts. The ministers resolved to initiate steps to implement tariff cuts decided under the Tokyo Round ofAP - 378 words
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139 1984-07-02 5 Reuter THE FRENCH National Assembly on Friday adopted a bill under which blank cassettes would be taxed to compensate performing artistes and producers whose works are picked up on tape from radio, television or phonograph records. The bill, proposed by Culture MinisterReuter - 139 words
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380 1984-07-02 6 Reuter THE SOVIET UNION has offered a time and a place to start talks with Washington on space weapons, particularly antisatellite systems. Later, in Washington, a White House spokesman said the US is willing to meet the Soviet Union in SeptemberReuter - 380 words
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252 1984-07-02 6 AP PRESIDENT Assad of Syria started to reassert his authority by sending a group of top army officers into temporary or permanent exile abroad, London's Sunday Observer reported. They include his own brother, Rifaat, commander of the defence brigades designed to counter anyAP - 252 words
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220 1984-07-02 6 UPI AMERICAN officials have refused to reduce bond for a Pakistani who US Customs officers say was trying to ship parts for nuclear weapons to his country. US magistrate Calvin Botley on Thursday ordered Nazir Ahmed Vaid to remain under US$2OO,OOOUPI - 220 words
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215 1984-07-02 6 AFP A BRITISH High Court has decided to award damages to a convicted rapist for injuries received in a car crash which allegedly damaged his brain and unleashed violent tendencies. This has provoked an v.iciy in the British press and among feminists. Christopher Meah,AFP - 215 words
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156 1984-07-02 6 Reuter INFLATION and unemployment could soar in Bangladesh next year because of expected economic recession, an aide to President Hossain Mohammad Ershad had said. Presidential Finance Adviser Mohammad Syeduz Zaman said he expected inflation to increase by at least 14 per cent onReuter - 156 words
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275 1984-07-02 6 UPI FORMER US President Nixon, in a wide-ranging interview on international affairs, said the US and the Soviet Union should share their "Star Wars" missile research. Mr Nixon, in an interview published in the Sunday editions of the Los Angeles Times, saidUPI - 275 words
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Article733 1984-07-02 6 ARRIVALS Operator Service number Locol time From PAA PAS 0020 JFK/SFO/HKG SIA SQ43 0750 DHA MAS MH68I 0820 KUL MAS MH60I 0905 KUL sv SV386 0910 JED/RUH MAS MH67I 0935 KUL MAS MH81I 0940 PEN CAl CI806 0945 HLP RBA BI42I 1000 BWN SIA SQI03 1005 KUL733 words
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Page 4 Advertisements
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Advertisement102 1984-07-02 4 KNOWN THE WORLD OVER Bank America Travelers Cheques. World Money.* Wherever your travels take you, you'll find few things as widely recognized as Bank America Travelers Cheques. They are carried with confidence by experienced travelers on six continents, welcomed by merchants in 160 countries, and backed by a worldwide refund102 words
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Page 5 Advertisements
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Advertisement168 1984-07-02 5 YOUR DECISION TO INVEST IN KNOLL TODAY WOULD PROVE WISE EVEN AFTER A DECADE! m ■M The Zapf Open Plan Office System In Open-Plan Office/Furniture Systems All business people calculate T o get maximum utilisation o* space ana human resources so that maximum profitability is achieved The firs f step168 words
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Page 6 Advertisements
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Advertisement475 1984-07-02 6 IGulf International Bank (Incorporated in Bahrain) STATEMENT OF CONDITION A 3 ASSETS Cash and due from Banks Money Market Instruments Placements Marketable Securities Loans Customers' Liability on Acceptances Fixed Assets Other Assets Total Assets LIABILITIES Deposits at Call and Due to Banks Time deposits Acceptances Outstanding Other Liabilities Proposed Dividend475 words
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Advertisement10 1984-07-02 6 Pan Am Clipper Class, More Seatroom. More Legroom. More Space.10 words
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BANKING AND FINANCE
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465 1984-07-02 7 AP THE WORLD BANK, the biggest international source of aid for poor countries, has set a record by lending U5515,523 billion to 79 governments in the past year. The bank's fiscal year ended last Saturday. Most of its loans $11,949 billion worth were putAP - 465 words
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200 1984-07-02 7 AP YATAGAI Credit on Saturday became the first Japanese consumer loan firm to go bankrupt following new legislation which restricts some of the more unsavoury practices of Japan's small loan shops. Kyodo news service reported that Yatagai's liabilities stoodAP - 200 words
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152 1984-07-02 7 Reuter OFFICIAL debt talks proposed for July 6 between Poland and western creditor governments remain in doubt due to problems over US$43O million of repayments still owing from 1981, diplomatic sources said. The difficulties concern repayments to all 16 creditor countries concerned and notReuter - 152 words
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Article91 1984-07-02 7 Reuter THE US prime rate is likely to peak at 14 per cent around the end of the year before turning down in 1985, National Westminster Bank's chief economist David Kern said. In a speech to the British American Business Association, he predicted: "ByReuter - 91 words
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540 1984-07-02 7 AFTER an eleventh-hour payment of interest on its US$45 billion foreign debt, Argentina now appears to be less hostile to implementing a politically unpopular economic programme drawn up by the International Monetary Fund. The question of whether Argentina would make a $350 million540 words
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336 1984-07-02 7 Reuter THE PRESIDENT of Dai-lchi Kangyo Bank, Nobuya Hagura, does not rule out the possibility of Dai-lchi taking over overseas banks but an increase in US assets would require prudence. "If and when we see it necessary to acquire foreign banks, we willReuter - 336 words
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118 1984-07-02 7 AFP CHINA has lowered the price of an ounce of jewellery gold from 1,990.62 yuans to 1,492.97 yuans, the New China News Agency said. The reduction on Sunday is designed to increase sales locally and reduce the amount of cash in circulation, says theAFP - 118 words
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MONEY AND EXCHANGES
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Article180 1984-07-02 7 frHE US dollar rose to fecord highs last week against the British pound and the Canadian dollar. 1 Its uptrend was interrupted only by profit-tak-fng and intervention by central banks, said Union Bank of Switzerland in its review of foreign exchange markets last week. Rising interest rates180 words
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Article25 1984-07-02 7 US dollar: Continuing uptrend with stronger potential rate correction. Swiss franc: Under slightly stronger downward pressure. Deutschsmark: Brighter outlook but limited appreciation potential.25 words
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Article87 1984-07-02 7 THE dollar closed lower in Europe in quiet end-quar-ter trading on Friday but most dealers predicted the US currency would show renewed strength this week. It closed at 2.7810/25 marks in London, compared with an opening 2.7855/65. Sterling's closing quotes on Friday: US doWar *****/3570 Con 1 7876/789987 words
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Article194 1984-07-02 7 National Discount Co SINGAPORE money market rates were influenced by higher external rates last week. However, domestic rates did not move as fast as external rates as some operators considered local to be peakish and would not move much higher. Interbank overnight funds, which opened atNational Discount Co - 194 words
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Article221 1984-07-02 7 ASIAN currency overage deposit rates for the week ended June 29: BID PRICES High uss Low 7 days 12 3/16 10 5/8 1 month 12 10 3/4 2 months 12 1/16 11 1/16 3 months 12 1/8 11 1/4 6 months 12 3/4 II 3/8 9 months221 words
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Article, Illustration449 1984-07-02 7 THE PLR is the lowest lending rote at which a bonk is prepared to lend in Singapore dollars to its clients on an overdraft or demand basis. PLR of banks at the close of business on Friday, June 29 as supplied by the Association of Banks in449 words
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Page 7 Advertisements
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Advertisement72 1984-07-02 7 4 a LUCKY SARDEN RESTAURANT PTE LTD The widest selection of Hong Kong cuisines and the best of live seafood. Try our latest speciality DURIAN PUDDING And, now, till July 31st an Absolutely FREE 35 cl bottle of Hennessy XO is yours to enjoy for all meals exceeding $300 charged72 words
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Advertisement202 1984-07-02 7 w. 0230 K -v oisKEssa amous for our worl< 24 hour'desk to desk service fofdo^iments. OE W 2mm m Ci mJLm 4mm ce ami ages a The same'lMfS aeain.< XPS means you can send packages of any size up to 30kg with the same ease as documents. Right round the202 words
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FEATURES
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Article, Illustration913 1984-07-02 8 DENIS GRAY - By DENIS GRAY AP ASIA'S LAND-LOCKED nations already among the poorest of the world's poor countries are suffering economically at the hands of their neighbours whose territories offer vital access to the sea. United Nations officials and reports say that the five countries in AsiaAP - 913 words
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951 1984-07-02 8 LEONARD SILK - By LEONARD SILK NYT IN ECONOMICS,the conventiontional wisdom the set of principles that respectable economists and policy makers believe at any given time has undergone a radical change in the past decade. Stephen Marris, a senior fellow of the Institute for International EconomicsNYT - 951 words
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Page 8 Miscellaneous
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Miscellaneous1331 1984-07-02 8 to vm mm HIGHLIGHTS: Nova Artists in the lab 8.03 pm, Channel 12 This programme introduces us to the 20th century pioneers who use computers and lasers to create an array of exciting new art forms. (60 minutes) Classical moments Pavarotti special 9.05 pm, Channel 5 A recording of a1,331 words
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THE ARTS
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Article, Illustration1696 1984-07-02 9 BERNARD HOLLAND - Musical management is a curious profession. It is often lucrative, at one moment a three-dimensional crossword puzzle of dates, airline schedules and performing opportunities, and at the next, a quasi-metaphysical game of craps which mixes considered judgement with guesswork and luck. BERNARD HOLLAND goes behind the1,696 words
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735 1984-07-02 9 MICHIKO KAKUTANI - ODOB The Last Lion Winston Spencer Churchill: Visions of Glory (1874-1932) By William Manchester Little, Brown Co, 973 pages By MICHIKO KAKUTANI NYT IN HIS HEROIC posture and his heightened rhetoric, Winston Churchill seems, 18 years after his death, a kind ofNYT - 735 words
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Page 9 Advertisements
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Advertisement62 1984-07-02 9 CHINA THE FUTURE AND BIGGEST MARKET FOR THE LOCAL BUILDING INDUSTRY Find out how you can carve a profitable slice of China's burgeoning building industry at. .0' G^ O .o o \>\ v <F \0 b«« A sJP r\ For more information, contact the organiser: R TIMES CONFERENCES Times House,62 words
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Page 9 Miscellaneous
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Miscellaneous639 1984-07-02 9 mwmm mmm®) CRYPTIC PUZZLE ACROSS I Mony a brownish piece of bread (5) 6 It grows from the tribal sapling (5) 9 Kerry's dispatch workers? (7) 10 Fix the rearward parts (5) 11 Forward to one of the bosses (5) 12 Drunken gipsy rhyme (5) 13 Fitm a wild steer639 words
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Miscellaneous37 1984-07-02 9 yoo GPW€. FN NfSS"T\y > SHOCX, STRNDir-Kb »M UK£,THPtf... > l^c vr 60OUGKT 6FOC OF Tne P\<IST Tirne i eyeß sej eMes o» "too fbR OM6 roomed ,4 thought hpvdto Re-uve. -tvAOSe >fe**s pcl. VCVZA P>Gfi«M... BllStdW'iFraAbJXcJc&iS IST a]37 words
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INTERNATIONAL STOCKS
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246 1984-07-02 10 UPI LTV CORP has acquired Republic Steel Corp for US$77O million, creating the second-largest steel company in the US. An LTV spokesman last Friday said the new company, formed by Republic Steel and by LTV's subsidiary Jones Laughlin, will be called LTV Steel.UPI - 246 words
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216 1984-07-02 10 Reuter BASF AG expects group turnover to rise almost 19 per cent to around 20 billion marks in the first six months of 1984 compared with the same period a year ago, while parent company turnover should rise 22 per cent to almostReuter - 216 words
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288 1984-07-02 10 SIGNS that US economic growth slowed in May helped the stock market close moderately higher on Wall Street on Friday for the second straight day. Volume also improved as portfolio managers made investment shifts on the final day of the quarter. The Dow Jones Industrial288 words
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Article118 1984-07-02 10 JUNE 29 Abrtto C$ 25 Imp Oil kTCO 34* 12* 29* mch unch Afcon 35* 23 20* 22* Kerr Add 17 Lotto- B 14* Bel T«< 30* 3* BP Con Ltd 24* Mc BkxM 24* -I* 30* 17* 24 unch 50* 40* Nofoodo Mn 19* 16* 5* Cmbi Rd118 words
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Article201 1984-07-02 10 JUNC 29 Rand Trust Bk 275 •f5 Uh Staal 122 unch INDUSTRIALS Un»ac 530 unch Wootworth 1800 unch A Alpha 875 unch Abarcom 2006 MININGS A£ And CI 9406 450 .5 inn 30 AMIC 2875 unch Anglvoal ***** unch Barlows 1390 2275 10 -15 Buttafc 1815 7700 -25 125201 words
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Article669 1984-07-02 10 JUNC 29 USS ACF Industrie* Alcon Akmn AJcoo Aleflheny Lud AJbed Cham Cp Afeed Storm AfcOnkntn Am Brandt Inc Am Broodcatt Am Can Co Am Cyanarmd Am B*c Pwr Am E«prtu Am Horm Prod Am Moron Cp Am Natural Got AmTdl Tel Amax Inc Ameroda Hm AWf he669 words
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Article607 1984-07-02 10 Amsterdam JUNE 29 Fk ABN 315 50 +1 Aeoon ***** 1 8 AhdkJ 178 50 +2 Akzo 87 20 1 AM£V ***** 4-12 An4« Amrobnk 6100 -*-05 Bark 31 50 -3 5 Boh 89 40 +19 Borsumq 235 00 unch Bos* o 29 70 +0 2 Burtet 64607 words
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188 1984-07-02 10 AP THE SOUTH Korean government has authorised General Motors Corp to invest an additional US$lOO.5 million in its South Korean subsidiary to expand car production capacity, the Finance Ministry said. The subsidiary, Daewoo Motor Co, is controlled equally by the US carAP - 188 words
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Page 10 Advertisements
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Advertisement476 1984-07-02 10 Wi*ern to wlae, dine and materialla OUR IkcoaW 5 CHICKEN RICE $6Served Aith chilli ginger and thick soya sauce together with a bow! of bean cura soup KIAM CHYE DUCK SOUP $6Served with plain nee ana slicea chi m black sauce MALACCA NONYA NASI LEMAK $5/ Se'ved with Ikan Bilis476 words
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Advertisement139 1984-07-02 10 Feng Cheng Lou for the best Teochew food in town. Discover mouth-watering delights prepared by hong Kong chefs. Feel like royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00 pm for dinner CR(*jwn #PMNtZ HOTEL 270 Orchard Road Singaporeo923139 words
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INTERNATIONAL COMPANY NEWS
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543 1984-07-02 11 FT YAMAHA Motor Company, Japan's second-largest motorcycle maker, has reported an unconsolidated net loss of 35 billion yen for the year to April 30, 1984. The loss, which follows a 10.6 billion yen deficit in *****3, reduces parent company shareholders' funds to 24.9FT - 543 words
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216 1984-07-02 11 Reuter AEG-TELEFUNKEN AG expects continued profit in coming years but earnings will be used to strengthen the company's financial position, management board chairman Heinz Duerr told the annual shareholders meeting. AEG, in the middle of a court-supervised debt settlement, made aReuter - 216 words
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264 1984-07-02 11 NYT COMPANIES led by Rupert Murdoch have spent more than US$65 million to buy 5.6 per cent of the St Regis Corp's shares outstanding and in an unusual declaration ruled out greenmail, according to documents filed last Thursday with theNYT - 264 words
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810 1984-07-02 11 Bid to thwart takeover by Sir James NYT THE CONTINENTAL group, which last week put itself up for sale to fend off a takeover offer by Sir James Goldsmith, the British industrialist, has agreed to merge with a corporation owned jointly by David H Murdock,NYT - 810 words
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138 1984-07-02 11 Reuter CIE Francaise Des Petroles (CFP) expects first-quarter 1984 consolidated group net profit of 500 million francs to 600 million francs, chairman Rene Granier De Liliac told a shareholders' meeting. This compares with the 420 million franc profit registered in allReuter - 138 words
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Page 11 Advertisements
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Advertisement81 1984-07-02 11 W&em to win dim aai eater!aia Xj vouch JTtes V';. k-<rrt SingaP®. p.epa.ed !>»' A? SU/ I Highlighting some of latest and most creet summer collections ir| the fashion scene. Every Friday night from to August 31,1964. 7.30pm Lavish barbect* dinner with a selection of Japanese specialities 9.00pm Fashion Show81 words
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Advertisement114 1984-07-02 11 lubertuf! ®riU For lunch. For dinner. For a richlv rewarding experience Businessmen's I tun h Suiul.tv. Hrnnc li s;' J iii i l(t' u -11' I" i lor reservations t all 7.'i7 )(>77 i wQ* ill ii"\ I 'nrk *~»l m 'iiiti >n *">ii hh-c J>ureet &teamets Sing along and114 words
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Advertisement138 1984-07-02 11 r r Peninsula W c itLevel 5. Peninsula Hotel .iiiTi 11 "r Daily Set Lunch (Local* Western) Each day, a local favourite is selected, e.g... Prawn Mee Soup... Hainanese Clay Pot. Sunday Buffet Lunch f SINGAPORE ii remnsura note./ 3, Cofcman SbMt, Tat: *****01 Other hotel facilities: CocktaU Lounoe i138 words
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Advertisement171 1984-07-02 11 The Harbour Grill presents "FESTIVAL LYONNAIS" Nou' till the 15th of July, French Master Chef Jean Fluery, from Lyon, presents a gastronomic adventure in the art of creative cuisine. H! For the occasion, an exciting menu has been prepared. The selection includes Escalope of marinated salmon filled with prawn tartare,171 words
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Advertisement115 1984-07-02 11 r r GOFFEE GARDEN/ 1 we serve yon poand the clock f K Our newly extended Coffee Garden is now better than ever. Whether you have an appetite for local or continental food, youll find our staff friendly and efficient, our food appealing and delicious. Try our famous claypot specialities,115 words
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RAW MATERIALS
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Article970 1984-07-02 12 RENEWED TENSION in the Persian Gulf war gave London commodity markets a late lift last week after early sentiment had been depressed by another rise in US interest rates. The record low for sterling against the US dollar was another supportive element and buyers among industrial970 words
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Article161 1984-07-02 12 THE SINGAPORE produce market went through yet another quiet session last week. Price changes for most commodities were slight with the exception of the pepper market. Overall, the local pepper market was relatively active. The black pepper market closed very firm. Physical supply continued to be161 words
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Article33 1984-07-02 12 STRAITS TIN Dote Closing Prices Turnover (MS/kilo) (tonnes) June 25 29 28 226 June 26 29 20 163 June 27 29 20 135 June 28 29 20 120 June 29 29 20 7033 words
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Article254 1984-07-02 12 FUTURES CLOSED a subdued Friday afternoon session in UadN unchanged to £20 above the previous close. Dealers said trading was limited by the long holiday weekend in Singapore and Malaysia. Prices found slight support from the steady tone in Tokyo and in unofficial business in Singapore. September finished in254 words
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Article171 1984-07-02 12 WHEAT FUTURES closed 3'a to 6' j cents a bushel higher on the Chicago Board of Trade on Friday, but near the bottom of the day's 3'/z-cent range. Wheat futures rose at the start along with corn, on bullish reaction to Thursday's Usda acreage report. A news report detailing171 words
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Article228 1984-07-02 12 CHICAGO soybean futures closed up the 30-cent a bushel limit in spot July on Friday, while other months came off day's highs late, finishing up as little as 17 cents. Traders said that recent sharp declines may have discounted a larger acreage figure and futures were poised for a228 words
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Article599 1984-07-02 12 COFFEE Robusta futures closed a fairly quiet, featureless afternoon session on Friday with losses from the previous close of £35 to £10. Most active September finished at £2,220, £35 down but £10 above the low. Physicals were quiet. Turnover totalled 3,143 lots, including 887 crossed trades and 28599 words
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Page 12 Advertisements
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Advertisement790 1984-07-02 12 THE CHASE MANHATTAN BANK, N.A AND SUBSIDIARIES HEAD OFFICE: 1 Chase Manhattan Plaza, New York, New York ***** Consolidated Statement of Condition Consolidated Statement of Income 1983 1982 (US$ in thousands) gat MM Bgg>g a im if (USJ in thousands) Cash and Due from Banks Interest-Bearing Deposits Placed with Banks790 words
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MARKET REVIEWS
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Article, Illustration5658 1984-07-02 13 AMY CHEOK - It l s 'ngapore si By AMY CHEOK MARKET watchers on the Singapore stock market were expecting a dip in stock prices but the exact timing was uncertain. Last week, however, after drifting lower for the first two trading days, the market finally succumbed5,658 words
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333 1984-07-02 13 r s lAustralia ail |g= m 4 SVH Day,Porter Co ALL THE PARTNERS in the Jabim oil field were marked down during the week following BHP's decision to reevaluate production plans for the field in the wake of disappointing drilling results. The market in generalSVH Day,Porter & Co - 333 words
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Article609 1984-07-02 13 JULIANA TAY - Week ended June 29 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Ambossodor Hotel Ltd has contracted to purchase the entire paid-up capital of Pedac Holdings (S) Pte Ltd, comprising one million shares, for $3.03 million. Chuan Hup Marine Ltd has set up a joint venture in609 words
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Article1435 1984-07-02 14 GERALD COLVERD - fl f hjijl London H By GERALD COLVERD EVERY TIME one professes everybody else is out of step they have the affrontery to reply with exactly the same comment. This passion for individuality probably explains why nobody appears to be getting anything right either inside or outside1,435 words
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Article280 1984-07-02 14 Reuter REGAL Hotels (Holdings) Ltd has obtained a total of HK$76O million in loans from the Hongkong Shanghai Banking Corp for debt restructuring, Regal chairman W R A Wyllie said. He said the company has already received a $130 million loan from the bank toReuter - 280 words
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534 1984-07-02 14 K "1 Bj New York M A UPI THE NEW YORK stock market, which opened last week on a wave of optimistic summer rally predictions, ran into calm seas and finished with mixed results in sluggish trading. Wall Street, which concluded the worstUPI - 534 words
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532 1984-07-02 14 TERESA LIM - 1 Hongkong Li! By TERESA LIM, Hongkong Correspondent HONGKONG'S stock market looked all set to consolidate at around 930 points on the Hang Seng Index at the start of last week. But two announcements affecting properties caused prices to slip. On Tuesday night, the Hongkong532 words
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594 1984-07-02 14 1 K.Lumpur J A LATE RECOVERY failed to reverse early losses at the Kuala Lumpur stock market last week, keeping prices lower on a broad front. Interest rate concerns and the Latin American debt problems continued to worry investors in a market which otherwise594 words
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Article325 1984-07-02 14 UBS IN THE last week of June, calm prevailed on the Zurich Stock Exchange in the absence of any new stimulus. The virtually unchanged market mood still determined by the high level of US interest rates, the related firmness of the US dollar and the internationalUBS - 325 words
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Article212 1984-07-02 14 UPI YAMAHA Motor Co Ltd suffered a net loss of US$l52 million for its 1984 fiscal year due to a slump in the world motorcycle market and other factors, the company said. Domestic motorcycle sales came to 536,000 units, a 41 per cent drop from theUPI - 212 words
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376 1984-07-02 14 Pi Toky Kyodo IN SPITE OF the yen's depreciation against the dollar, share prices rose firmly throughout the week on the Tokyo stock market, with the Dow indicator extending its winning streak to seven sessions. Buying of incentive-backed issues paced the uptrend.Kyodo - 376 words
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Page 14 Advertisements
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Advertisement83 1984-07-02 14 This announcement appears as a matter of record only June I*JB4 0 ITALIAN-THAI DEVELOPMENT CORPORATION LTD. U5520,000,000 Credit Facility Manager Lloyds International Merchant Bank (S.E.A.) Limited Funds Provided by Banque Internationale a Luxembourg BIL (Asia) Ltd. Lloyds International Merchant Bank (S.E.A.) Limited National Australia Bank (National Commercial Banking Corporation of83 words
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COMPANY NEWS
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Article, Illustration459 1984-07-02 15 UNITED Industrial Corporation is to reap a handsome extraordinary surplus of some US$l2.5 million (about Ss2s million) from the sale of the 50-per cent stake in a New York property by Chip Lian Investments Pte Ltd. CLI,459 words
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402 1984-07-02 15 SINGAPORE International Merchant Bankers Ltd, the advisers to minority shareholders of Singapore Glass (1974) Ltd on Eady Investments's cash offer, has come up with an expected set of recommendations. The merchant bank has suggested that shareholders sell their shares in the market402 words
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527 1984-07-02 15 ATLAS Industries Ltd is preparing to bring its US$45-million factory complex in Penang, Malaysia, into full swing next month. The move comes just two years after the company re-shaped its money-losing operations here into a going concern. Chairman A 1 Miller, who527 words
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164 1984-07-02 15 Reuter KLEINWORT, Benson Ltd said 56.87 million shares of Enterprise Oil PLC have been allocated to applicants at the minimum tender price of 185p a share and the balance of of 155.85 million will taken up by the underwriters at the same price.Reuter - 164 words
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370 1984-07-02 15 THE downturn in the local property market has slowed the past enviable earnings growth at Malayan Credit Ltd for the year ended March 31, 1984. Full-year profits before tax were only 11 per cent higher at $11.09 million (from $9.95 million), although at370 words
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Article77 1984-07-02 15 Reuter MIDLAND Bank PLC has no plans to cut its dividend. Commenting on London stock exchange rumours that the bank intended to cut its payout to shareholders, a spokesman said Midland reiterated the remarks of chairman Donald Barron at this year's annual meeting in April whenReuter - 77 words
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647 1984-07-02 15 CHAN MAY PENG - By CHAN MAY PENG MALAYSIAN businessman Datuk KK Sharma is believed to be preparing to launch a takeover bid for Ambassador Hotel Ltd. After the acquisition of an initial 9.94 per cent stake in Ambassador some 10 days ago, Datuk Sharma had last647 words
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Article, Illustration496 1984-07-02 15 CHAN OI CHEE - By CHAN OI CHEE HEALTHY profit contributions from associated companies have helped Fraser A Neave Ltd to show a growth in earnings for the year ended March 31, 1964. The leading drinks and food products group managed a 5per cent rise in pre-tax496 words
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Page 15 Advertisements
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Advertisement170 1984-07-02 15 APPOINTMENT MANAGER (BRUNEI/EAST MALAYSIA) A group of progressive trading /consultancy companies invite applications for the position of manager at our office in Bandar Seri Begawan. The successful candidate will report to our Managing Director in Singapore. He will be responsible for the sale and marketing of all company's products, the170 words
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Advertisement263 1984-07-02 15 SINGAPORE GLASS (1974) LIMITED (Incorporated m the Republic of Singapore) ANNOUNCEMENT TAKEOVER OFFER BY EADY INVESTMENTS PTE LTD Copies of the Circular containing the advice of the Independent Directors and Singapore International Merchant Bankers Limited relating to the above Offer were despatched to shareholders of the Company on June 28,263 words
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603 1984-07-02 16 AMY BALAN - By AMY BALAN IN SPITE OF the slowdown in offshore banking business in Singapore, the Republic is still a major centre and performing relatively well, compared with offshore markets elsewhere. In the Bahamas, Bahrain, the Cayman Islands, Luxembourg, Panama, and the Philippines,603 words
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274 1984-07-02 16 PROFESSIONAL practising standards of the Singapore Society of Accountants (SSA) are as up-to-date as those in the UK, Australia and Canada. And to make sure the accountant in Singapore remains attuned to changes and new developments, the society is embarking on various training programmes274 words
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191 1984-07-02 16 AP US AMBASSADOR to the Philippines, Stephen W Bosworth said in an interview published yesterday that US bases in the Philippines are deterrents against Soviet security threats, and China would view the bases' removal "with dismay". Mr Bosworth was also quoted asAP - 191 words
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181 1984-07-02 16 Reuter AUSTRALIAN FOREIGN Minister Bill Hayden said yesterday that he was looking forward to visiting Indonesia with the apprehension of "an octogenarian bridegroom". Indonesian Foreign Minister Mochtar Kusumaatmadja said last week that relations between the two countries could be affected by Australian policyReuter - 181 words
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186 1984-07-02 16 AFP BEIJING may set ip a stock market is Its special economic met north sf Hongkong to help raise capital for Chtoese enterprises. Mr Ng Shia-shing, vice-presi-dent of Heagkeag's mail stock exchaage, said this sa his return yesterday from a four-dayAFP - 186 words
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578 1984-07-02 16 UPI RENEGADE MILITARY officials kidnapped President Hernan Siles Zuazo from his home but freed him 10 hours later after their coup attempt failed to win support from the military, Bolivian officials said. Mr Siles Zuazo, 71, Bolivia's first freely elected President in 19 years, wasUPI - 578 words
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169 1984-07-02 16 AFP THE IRAQI Navy yesterday destroyed a convoy of seven ships headed for the Iranian Gulf port of Bandar Khomeyni and Iraqi warp lanes downed an Iranian F-14 on its way to help the vessels under attack, reported an Iraqi news agency. A militaryAFP - 169 words
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Article, Illustration505 1984-07-02 16 RICHARD SEAH - By RICHARD SEAH SNOOZING ABOVE Orchard Road and waking up to a hotel breakfast the next morning now costs more than it does in Tokyo's Ginza or Shinjuku. And it has become relatively cheap for tourists to do the same in Hongkong's505 words
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190 1984-07-02 16 AP CHINESE CITIZENS possessing foreign money or receiving remittances from relatives overseas were allowed for the first time yesterday to open foreign currency deposit accounts at the state Bank of China. In the past, only those who earned foreign exchange inAP - 190 words
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229 1984-07-02 16 Reuter THE CHINESE Communist Party (CCP) marked the 63rd anniversary of its founding yesterday by emphasising political unity and calling on members to disavow its ultra-leftist past. A front-page editorial in the party newspaper People's Daily linked current political and economic stability direcUyReuter - 229 words
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LATE FILE
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Article55 1984-07-02 16 UPI THE SOVIET Union yesterday said it refused to accept US conditions for opening talks on banning space weapons. "The Soviet Union decisively rejects the attempt to put forward these preliminary conditions for talks on a problem of vital importance," the official Soviet news agency TassUPI - 55 words
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Article63 1984-07-02 16 AFP IF THE US presidential elections were held today, President Reagan would romp home with a 19 per cent win over his Democratic challenger, Walter Mondale, the latest Gallup poll showed. Mr Reagan would take 56 per cent of votes against 37 per cent for Mr Mondale, accordingAFP - 63 words
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Article59 1984-07-02 16 AP PRESIDENT San Yu of Burma, accompanied by his wife and a 40-member entourage, left yesterday for an official visit to Japan, where he is to meet Emperor Hirohito and other Japanese leaders, it was officially announced. The delegation is to visit Tokyo, Kyoto, Nara andAP - 59 words
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Article30 1984-07-02 16 Reuter ARISTOCRAT Richard Von Wweizsaecker was sworn in as West Germany's new President yesterday before a joint session of the Upper and Lower Houses of Parliament. ReuterReuter - 30 words
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Article42 1984-07-02 16 AFP AIR MARSHALL Lakshman Madhav Katre will be the next chief of the Indian Air Force, it was announced yesterday. He will replace Air Chief Marshall DUbagh Singh retiring on Sep 4 after serving for 40 years. AFPAFP - 42 words
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Article48 1984-07-02 16 AFP A SOVIET ballet troupe left for borne yesterday leaving behind a 26-year-old male dancer who is reportedly seeking asylum in the US. The defector, identified as Yuri Vladimirovitcch Aleshin, is awaiting departure for the US, pending confirmation of his request by authorities concerned.AFP - 48 words
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Page 16 Advertisements
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Advertisement17 1984-07-02 16 Call Britannia for professional investment advice 16 Raffles Quay, #33-07 Hong Leong Building, Singapore 0104. Telephone: *****86.17 words
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Advertisement138 1984-07-02 16 How you can benefit from Bayerische Landesbank'a presence in 4 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. Over the years we have constantly upgraded and refined our international banking capabilities, building a reputation138 words
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Page 16 Miscellaneous
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Miscellaneous50 1984-07-02 16 Outlook for today: Showers over several areas. Report for 24 hours prior to 7 30pm on June 29 at the airport: Maximum temperature 31.8 Associated humidity 71 Minimum temperature 25.7 Associated humidity 93 Hours of sunshine 4.15 Rainfall in millimetres 0.2 Roinfall this month 0.2 Rainy days this month 150 words
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SHIPPING TIMES
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268 1984-07-02 17 AFP DUTCH firefighters operating in the Gulf battled on to quench a four-day old blaze aboard the Liberianregistered tanker Tiburon. Eight men died in the attack which caused the heaviest casualty toll of any raid on shipping in the Gulf war. Over the pastAFP - 268 words
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Article135 1984-07-02 17 Bernama THREE OF five tankers ordered by the Malaysian International Shipping Corporation to ferry liquefied natural gas from Bintulu, Sarawak, are already in service. All three tankers are on charter to Malaysian Liquefied Natural Gas Sdn Bhid (MLNG) for 20 years for deliveries to the Japanese portBernama - 135 words
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452 1984-07-02 17 G DURAIRAJ - By G DURAIRAJ PASIR Gudang on the southern tip of Peninsula Malaysia where Johore Port is situated, has been growing rapidly in importance as a major maritime industrial area in line with the government's industrial development strategy. Several maritime industries have set up452 words
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PORTSIDES
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Article63 1984-07-02 17 Reuter THE STATE-owned Shipping Corp of India (SCI) will raise freight rates on the Bay of Bengal, Australia and New Zealand sector by 20 per cent from July 1, an SCI spokesman said. He said SCI recently agreed with other Indian lines operating in the sector toReuter - 63 words
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Article73 1984-07-02 17 Reuter THE HONGKONG/Europe Freight Conference and the Hongkong/Gulf of Aden and Red Sea Ports Conference jointly announced that they will reduce the Hongkong dollar currency adjustment factor to minus 8 per cent from minus 4 per cent, effective July 2. They added the change will supersede a recentReuter - 73 words
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Article91 1984-07-02 17 Reuter THE trans-Pacific of Japan/Korea, Japan/ Korea-Atlantic and Gulf, Japan/Korea-West Canada, and Japan/Korea-East Canada Freight Conferences said they cancelled a planned bunker surcharge rise to US$l5 per revenue ton effective July 1 from $10. Surcharges will be $15 from Aug 1 and $20 from Sept 1. Originally theyReuter - 91 words
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Article54 1984-07-02 17 CHINA'S NEW hygiene regulations for the holds of ships and other containers for perishable goods was enforced on July 1, the official Chinese news agency Xinhua reported. The holds and containers must be dry, clean, odourless and free of pests. They must be temperature-controlled and possible contaminating substances54 words
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Article758 1984-07-02 17 —PPHU— Ngt Col Atao VI 3 Ahr«r*i«< Lnar VI 5 AC To.pt., X 5 A*xk VI s Antoro Shpg rv 1 APC Ln V 4 APL 4/5 A/row Ijnn X 4 ASCL 1 Auotorofcar V s AHot Lvwt X 5 Auttouo Ln* V Batl-Orwnt VI 4/5 Bathe758 words
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Article182 1984-07-02 18 Reuter THE SOVIET Union is building an atomic-power-ed icebreaker designed to transport container barges, to ease the problems of supplying the isolated communities of northern Siberia, Tass News Agency said. The new ship, under construction at Kerch Shipyard in the Crimea, would have a 40,000 horsepowerReuter - 182 words
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404 1984-07-02 18 Lloyd's List SEAMEN in Norway and the Philippines have signed a ere wing deal that could provide Filipino seafarers for up to 200 Norwegianbased flag of convenience ships. The agreement immediately attracted angry criticism from some other maritime trade unions who claimed thatLloyd's List - 404 words
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244 1984-07-02 18 AP DUTCH Shipwrights will build a full-scale replica of a 17th Century Dutch warship, the Prins Willem, for use as a seafaring museum in Japan, the Netherlands Foreign Ministry announced. A Japanese tourist attraction company, Nagasaki Dutch Village, has ordered a replica ofAP - 244 words
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Article115 1984-07-02 18 UPI SOME 780 passengers were reported safe on Saturday after their 153-metre cruise ship ran aground, began listing and taking on water about midnight. Curtis Stock, a United States Coast Guard spokesman in Seattle said all passengers on board the Bahamian-registered Sundancer were able to disembark safely inUPI - 115 words
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Article, Illustration152 1984-07-02 18 TMR/ITN THE PORT of San Francisco continues to be the Bay Area's major port for South American imports with the addition of Naviera Interamericana Navicana SA. Last year, the port handled 88 per cent of all South American imports moving through the Bay Area.TMR/ITN - 152 words
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Article1649 1984-07-02 18 LIMITED business is reported for grain and sugar cargoes on the freight market on Thursday but fresh chartering has been very slow to develop in other sectors, shipbrokers said. A vessel was booked from the US Gulf to two ports Morocco at the easier level of US$l5, while1,649 words
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Article194 1984-07-02 18 THE MAJOR shipping consortia operating between the Far East Europe. Far East/Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia194 words
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Article504 1984-07-02 19 THE SHIP sales and purchase market was dull with limited interest being shown in tankers, but the Okeanos, very large crude carrier of 229,073 long dwt and built 1976, sold to a Swedish concern for about US$7.5 million, secondhand tonnage brokers in London said. But more activity has504 words
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4472 1984-07-02 24 §®aBEmB 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 of4,472 words
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Article682 1984-07-02 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Kai Maru 32 2.7 84 2300 Borneo FSB 0900-1100 L7 Aust Eagle 8 2784 2000 Eagle Corp FSB 0700-0800 U2 Anni Johnson 466S 2.7 84682 words
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Article1765 1984-07-02 25 The leading shipping lines operating from local ports and their agents. A-B APE A African Shipping Agencies (Si Afr»-Earaala Liar Trans group (Si AkreakJel timer Service Kim Shpg (S) Alfred C Taepfer Ocean us Shipping Agency (S) Marintex Enterprise (PK). AipM Intrasea (S) Bintang Shpg (KL)1,765 words
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Article328 1984-07-02 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Dalkoh Maru 18 Hs Hup alongside 2.7.84/1200 Equator IV 22 T Soon alongside 2.7.84/0700 Hanoi 01 38/9 NAPL alongside 2.7.84/1200 Marllnsk 46 Slnsov alongside 2.7.84/0530 Osa Vigoroso 10/11 Sin Shpg alongside 2.7.84/0600 P Jackson 15/6 APL alongside328 words
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Page 17 Advertisements
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Advertisement362 1984-07-02 17 TIMES Ikisiix'ss Directory of Sin^i|K>rc IBUKU MKRAH) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE SfflC -lAHDINK 9. A NT AH ORIENT OVERSEAS Container LINE FULLY CONTAINERISED SERVICE TO FUROPE VIA SUEZ S'pcrt 5/7 11/7 16/7 22/7 31/7 10/8 22/8 1/9 6/9 10/9 Hamburg Fstowe H'burg 27/7 29/7 2/8 4/8362 words
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Advertisement180 1984-07-02 17 aSEALORDH UASC (UNITED ARAB SHIPPING CO SAG) NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND i UNITED ARAB EMIRATES f EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE FROM JAPAN TAI V\ V N lIOM.hOM. RED SEA SERVICE I 'V 1 ULJ I ILL SEALOHD SMPPMG AGENCES <«e t Ik.180 words
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Advertisement27 1984-07-02 17 LONDON Freights 11/11 l CONSORTIA II SHIP Salos 111 SHIPPING Schoduls VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X REGIONAL Woathor X27 words
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Advertisement991 1984-07-02 17 OF ACf CON&OtrUM *$M* tmm+i cotrtaAtm [FULLY CONTAINFRISFn QFQV/IPFI FAR EAST/EUROPE n TO CJCVALO *03 m 5/7 c n -FX/W/BM/AT C2SESEOIE33« v fkm ►OW M KCtl */j 27/t W/tt/FI/NH/MI/AT CROWN MMK CO (PTE) LID TEL *****1S «l (fST) T* *****6 Fof mof d»taj|> r«f*r |y MAERSK LINE EXPORT —FASTEST SERVICE991 words
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Page 18 Advertisements
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Advertisement306 1984-07-02 18 NOTICE m.». "S.O. TMPURA" VOY: 18 arrived 28th June 1984 at P.S.A. Godown Nos. 31/32 General Survey of cargo ex the above vessel will be held on Wednesday 4th July 1984, from 9.00 a.m. to 5.00 p.m. No further survey will be held after this date. Agents:R. JUMABHOY t SONS306 words
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Advertisement481 1984-07-02 18 C.B.FENTON CO.. S.A.-REPUBLIC OF PANAMA (Established 1916) Shipping Agents/Brokers Chartering Liner/Tramp Agencies Protection and Indemnity* Las Mines 3 Balboa 'Puerto 1 Armuelles rAguadutce ice Representatives at The Panama Canal tor over 200 shipowners operators Attendance at all major ports throughout Republic of Panama Consulates of Norway. Denmark and Sweden represented481 words
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Page 19 Advertisements
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Advertisement970 1984-07-02 19 The Straits Steamship Group QCL Overseas Containers Limited [CONTAINERSHIP SERVICE TO UK CONTINENT STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok Sim Kte] 14/7 21/7 02/1 M/t N/l U/l U/l U/l 2J/I 25/1 •1/9 i7/t n/t 14/1 11/4 23/1 2S/1 02/10 04/10 ALSO ACCEPTING CARGO FOB: Hwbwf la970 words
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Advertisement794 1984-07-02 19 'Alligator talk" Marco Polo s Route to the Orient. 1271 Henry Hudson s Northwest Passage Route, 1610 X ft Janan ruasonfp--^ i Ife= /v mi (with a look at some history making travel routes.) Our "Alligator" containers hip routes may never make the history books, but they're certainly helping to794 words
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Page 20 Advertisements
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Advertisement551 1984-07-02 20 Hapag-Uoyd 10 COMTININT/UK EXPORT! Btnavon Hkonf Eiprns Cardifan by Liverpool Bar S port P. Keiant Pent Leuoes Mm BARBER TSU 20/4 4/7 2/7 21/7 Genoa H'bw| Rdam B'havtn Antwtr 3/1 11/1 M/| C ar<k|an Bay Kitufi Maru Connecting in Tokyo < Connecting in Kobe "Also occeptmg corgo tor ATLANTIC GULF551 words
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Advertisement484 1984-07-02 20 M.S. LINE gosf s j.o**n*g f ,j* b FULLY CONTAINERISED SERVICE TO EiJROPE VIA SUEZ 1 Member of the Ace Comorluni cm*m*oa 3M wpn* crystal l* iMfmum th KOREAN CHANCE Id) KOREAN MCERN 25* *«i ftedw mul K OIK AM MOMS SUN ?K FROM EUR Off VIA SUEZ J A484 words
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Advertisement326 1984-07-02 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE FAR EAST/MED FULL CONTAINER SERVICE SGP Ml 0 ICA IMA PSO VIC BCD LEG GEN FOS Ever fmnrn 10/7 a/7 27/7 77/7 29/7 4/1 31/7 1/1 2/0 keens 7/1 IC/I 21/1 21/1 23/1 30/1 2C/127/131/1 AISO ACCEPTMG CARGO 10 lAS MUMS. TOtWFI CfUT* AM)326 words
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Advertisement1032 1984-07-02 20 KIE GWAN SHIPPING (M) SDN. BHD. No ?6A JAIAM BERANGAN PORT KELANG. SELANGOR, MALAYSIA TEL Not *****2. *****5 3*9162 *****4,3*0122,*****7 W. MAIAYSIA/S'PORE TO E. MALAYSIA SERVICES: P KLANG S'POftf SATU KKWu S kan Tawau IP 3/7 tWTA Kuching. KKbtu lnPt/2 July 3/5 July tHATI BAIK KKWu S kan. Tawau 1/91,032 words
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Advertisement307 1984-07-02 20 —ifIVHIMIJf VIUJ Ifin as I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Smfipore LMdvw ft RAN BORHAN RAN EKRAM... B. Ab6as. B Khaman *o SHOSf MAAITME PTE LTD TEL *****44/7 t *****70 PORT HUANG MALOSE MARITME SON BHD Tel 3*7232/3 PENANG MALAYSIA TRAOE I307 words
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Page 21 Advertisements
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Advertisement795 1984-07-02 21 PIL GROUP KOTA BCJATI KOTA SALAM KOTA SEOAR KOTA WISATA KOTA MEQAH EAST AFRICA/REDSEA SERVICES VOYAGE E-90S E-511 E-51J E-51S E-517 SINGAPORE LOADING FOR: 4-7/7 HOOEIOAH, JCDOAH, AQABA HOOEIOAH, JCDOAH, AQABA, PTSUDAN MOKHA, HOOEIOAH, JEOOAH. MOMBASA. O'SALAAM, MAPUTO ADEN, HOOEIOAH, JEOOAH, AQABA 10-15/4 HOOEIOAH. JEOOAH, AQABA. PTBUDAN, MOMBASA, O'SALAAM KARACHI795 words
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Advertisement745 1984-07-02 21 BENLINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE CarAgaa by STRAITS SPORf PKEIMIC 4/7 0/7 (iprns IJ/7 14/7 21/7 23/7 nn an s/i U»«« 12/1 U/l Eiprns IJ/| 21/| 21/1 4/0 0/0 BMK UK HAM BHAffN ROAM HAVRI M/ 7 20/7 21/7 20/7 31/7 4/1 C/l 7/1 .c/J !i'! 13/1 14/1745 words
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Advertisement565 1984-07-02 21 MA JAP AMI VllO6/11KB GOWA VlO 08 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S'pore Service ontainer Vessel ftaan Toko- Kobe Km- S'pore T(fmfc tuma tNun( l«/ 6 20/6 21/6 24/6 5/7 7/7 11/7 14/7 16/7 20/7 26/7 27/7 EXPRESS SEMI COWTAWFR SFBI/mf TO/FROM EUROPE STOK P.KELANGftDAM/ TUURT/ HTMtG ANTWERP565 words
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Advertisement506 1984-07-02 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelong Penorvg Hoko 28/29 June Poon V 73 8/11 July Htoneywo V 193 12/14 July Pinyo 15/18 July \A BANK LINE EXPRESS HDEPEHDCNT SERVICE TO UK/CONT CLYDEBANK FORTH BANK SPORE R'DAM HULL HMBG 16506 words
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Page 22 Advertisements
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Advertisement851 1984-07-02 22 K LINE KAWASAKI KISEN KAISHA, LTD. pacific cost (including DESTINATIONS INLAND vi» IPI MICROBRIDGE A MINILAND BRIDGE) FEEDER/ MOTHER VESSEL PKLG PENANG STORE T/S PORT LA/LB KAMSAI PIONEER V 35 HARBOUR BRDGE ¥27 2 iul 4 Jul 6 Jul (KL) 14 Jul 29 Jul KANSAi PIONEER V 35 JAPAN APOLLO851 words
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Advertisement249 1984-07-02 22 IS CHAR CHING MARINE CO LTD nrjjk'iz USA WESTCOAST FULLY CONTAINERISED SERVICE MOTHER VESSEL cc rn CC LA CC SEA CC OAK 07 UT 11 UY 11 UY 17 RAY OAKLAND SEATTLE 23 UY 26 UY Aba accepts* cont asters na MLB to Houston. N Orleans fa Mfcrotondje to Kansas249 words
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Advertisement570 1984-07-02 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE It*** tor lOS ANGELES SAM FRANCISCO SEATTLE. TACOMA VANCOUVER B C Accept.* PCI Fa Contamen vy sri '~*5" AUSTRALIA EXPRESS CONTAINER SERVICE Acceptnf FCL/FCI Contaewn •Ah* accept** (ran P Relat* for Aud/WM/lytt "■■BW 3/4 My I/? My w, 21 My Clow* al PSA570 words
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Advertisement618 1984-07-02 22 SANKOASIA FROM JAPANESE *OATS ANO HONGKONG 1 OCEANA STAR 3/4 Jul 5/6 M 2 PAIMSTAR VftGO 5/7 U 8/9 Ad 3 LUCUIENT 11/12 U 8/9 kd 4 ESTE GLORIA 11/13 iul 14/15 Jul 5 KOTA TMOR 11/13 U 14/15 U 16/17 JUL 6 FUKUZAKI MARU 15/17 M 11/19 Jul Ag««M618 words
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Advertisement535 1984-07-02 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa P!a/<i Singapore 0207 Tel *****1 l (10 l nes ALPAC ASM 165N8 S PC'? P Kctanc Load** tor: DurbanTamataee, SEAWOOu SHIPPING CORPORATION S port P. Ketanj Loa*| tor: OS SaM Hotadah Agents Smgaport WTRASEA (fit) ITO BOOK DC 22*511 K Lim«u535 words
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Page 23 Advertisements
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Advertisement640 1984-07-02 23 SLNOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): MAETERLINCK ?W. TW BRIDGE 21*. Also accepting cargo to/from Scandinavia C ROZE S pore Closing Times: FCL Cargo 1500 4/7 LCL Cargo 0300 4/7 FROM EUROPE (VIA SUEZ) 0 CHEF 3* HK CONTAINER 40E. SS BRIDGE 46E C CONTAINER 26E. TO640 words
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Advertisement476 1984-07-02 23 I HEUNG-A SHIPPING! Korean Flag Vessels I SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. BUSAN. INCHON w »umr NFPTUf* AGiNCKS PTI IID Tel 77J997 7 *****34 ißookmis) ???7SIO I Open lions) ????487 ??09?M (terminal I ??O?4SQ ??0?S04 (CFSI Mil *»Sl* AM W TUNAS SCTIA SON BHO Kl Tel *****0 414?44 PK476 words
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Advertisement847 1984-07-02 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDWG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SHSOV SINGAPORE Tele* Numbers RS 213*0 RS ***** RS ***** P KELANG M/S SHARRUT WAN SOON SON BHD IST AND 2ND FLOOR NO 1. JALAN CEMPENMG PORT KLANG MALAYSIA847 words
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Page 24 Advertisements
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Advertisement674 1984-07-02 24 Jgegiowal Container Lines fj-ni-ry in jl| 3 Sailings Weekly MPMJ Reliable Regular Punctual Berthing P.S.A. 1500 Hr». Tues. Thurs Sat ft trader S*l BHUM THMU BHUM Fi TRADER SHI BHUM THAW BHUM Fi. TRJUXIt SKI BHUM T HAM BHUM Fi TRADER VOY IS/2W 1745/175N IPM/ 126N 2S/3N 1755/176N 12SS/127* 3S/4N674 words
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Page 25 Advertisements
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Advertisement58 1984-07-02 25 c r French Line REGULAR LICORNE -CONTAINER SERVICE TO BANGLA DESH/MMA/SRI LANKA/PAKISTAN AGENTS SEMJOR SHPMNG (S) PTE LTD. SALES/BOOKMGS TEL *****81 (S LKS) ail t/»«i »a»rs ORIf NIAI S(AMINOS UNfR AGfNCY PTF I ID SINGAPORE MALAYSIA TEL *****81 SALES/BOOKINGS GENERAL FREIGHT |M| SDN BHD PK *****8 KL *****4 PEN *****358 words
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Advertisement306 1984-07-02 25 ■jr Nedlloyd Lines ior CENTRAL AND SOUTH AMERICA I CARRIBEAN/CENTRAL/EAST COAST SOUTH AMERICA SOUTH AFRICA VESSEL Ouki M«ru S.A. Van Dar Stal Hayakawa Maru S.A. Vaal S PORE DURB (a E. LON P. ELIZ 12/7 25/7 28/7 19/7 3/8 17/8 27/7 9/8 12/8 10/8 25/8 26/8 C. TOWN 29/7 accepting306 words
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Page 26 Advertisements
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Advertisement136 1984-07-02 26 k\ LIN LIN SHIPPING PTE. LTD. 1. Magazine Road. «05-M. Central Building. Singapore 0105. Tel: *****14 ft *****22 WEEKLYSERVICE SINGATORE TO KUCHING VESSEL ETA ETD LM PET AUNG 7/7 8/7 15/7 16/7 PROMPT SHIPPING LINE SL \WJ KGULM MONTHIT LKR SERVICE TO REST AFRICAN PORTS \p.—accept* Fa/ia comwos t kubuk136 words
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Advertisement84 1984-07-02 26 CONCORD LINES CONVENTIONAL LWEft SERVICES LOAOMG FOR HOOMM (AtcHm mt CahMn) (PW P«*i. Ha nam) S*,«t t. nductmt* CONCORD MARINE PTE LTD TEL *****60 (3 Lines) TLX: R*****3 CMSHIP MADJU SDN BHD REGULAR WEEKLY SERVICES TO t FROM BELAWAN 101 CfCIl SIRffI <?0 1? IONG (NG BIDG SPORE 0106 ill84 words
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Advertisement609 1984-07-02 26 FREIGHT MANAGEMENT fCI i LCI TRAUA UK/CONTINENT *ETA SMGAPONE 11/7,2/7.»/?. 17/7. nn NEW ZEALAND FAR EAST 10ADWG FOR STW«Y MELMUMC AKIAH BRISBANE FKMMTU J/7. 4/7. 13/7. 21/7. 21/7. 4/1 UJ WITS. scjuomvu li hame WfTNCW ROTTEHMM CANADA/USA «/7.1/7.»/7 H/7. U/7, 27/7 ALL MAJOR PORTS WEST 4 EMI COAST t GULF609 words
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Advertisement674 1984-07-02 26 COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" lojdmc tor CaHao Matarani lo and 4 other Permian ports witti tramfcpmerit at Hongkong and or Roto 0" CPV Throufti Bids ot lading lo tmal destination Perung P KeUng Singapore MANOLOEVERETT 9/11 July 12/13 My HMCKKTT 12/14 luty 15/ IS July MURRAyEVERETT674 words
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Advertisement668 1984-07-02 26 ZIM NONCOWTRENCf MDEPENOENT FULi CONTAVO SERVICE acceptae F carjoes to USA East i West Ceast, Panama, Carribbean mt E«t Canada H -1 S" Lai Rsi Sa« Nyc I f £H£ l 2! ,0 0 m 31 **i 13 is i A KSSEL mWW TOW IS M 11 Aug 20 Aug668 words
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Page 26 Miscellaneous
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Miscellaneous156 1984-07-02 26 Regional Weather 0 1 s 1 fj a m I? M ss .•SL' SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Temperature <> c X\ Weather Wind direction with speed in knots Wave height LEGEND: R Thunderstorm y Shower Ram O Cloudy Sky Surface winds ore indicated by156 words
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