The Business Times, 9 July 1984
1984-07-09
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The Business Times
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Title Section11 1984-07-09 1 BUSINESS TIMES M.C. (P) No. 66/1/84 MONDAY, JULY 9,1184 60 CENTS11 words
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575 1984-07-09 1 JOANNE YAP - Ong likens nation-building to constructing a high-rise block By JOANNE YAP PHASING FOREIGN workers out of Singapore by 1992 is not a sudden policy change. In fact, it is a necessary move if success in restructuring the economy is to be achieved, says the575 words
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182 1984-07-09 1 AP THE FOREIGN ministers sf Hatlaid aid Kbhyria arrived hi Jakarta yesterday to discus the Cimtedia problem and closer economic eaa perattoa at toe 17th aaaaal meeting *t Aaeaa ferrfga Thai Fareiga Mtolster Siddbi Savetolla saii to a brief alrpart ■totwwt thatAP - 182 words
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473 1984-07-09 1 ALVIN TAY - By ALVIN TAY ONE OF THE world's largest life insurance company USbased Metropolitan Life Insurance Company (Met Life) is considering setting up a regional office in Asia to specialise either in life insurance, reinsurance or management of pension funds. Its president473 words
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374 1984-07-09 1 AMY BALAN - By AMY BALAN SINGAPORE REINSURANCE Corporation has reported a 240 per cent jump In its 1963 pre-tax profits from $500,000 to $1.7 million in spite of the adverse market for the general insurance business. The leading reinsurance company is planning374 words
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283 1984-07-09 1 SINGAPOREANS mist have very deep packets for according to Dr Akmtd Matter, tee Minister tor Social Affairs, teey are generally stow to reacking far teetr packets and sparing a dellar tor ekarlty. At tee Tanjsng Pagar Paad and Pan Pair I*4 keld at283 words
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141 1984-07-09 1 Reuter US FEDERAL Reserve Board vice-chairman Preston Martin said yesterday a further rise in the prime rate this year was not inevitable and a slight increase in inflation may come next year. In an interview published in US News and World Report, MrReuter - 141 words
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529 1984-07-09 1 LIM SOON NEO - By LIM SOON NEO SINGAPOREANS are abandoning the use of telegrams to make quick contacts with loved ones or business associates abroad. In recent years, there has been a marked shift towards a greater use of telex and telephone calls and529 words
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Article58 1984-07-09 1 THE GOVERNMENT is acquiring about 7,000 square metres of land in the District of Kallang. According to the latest Government Gazette, the pieces of land in the area of 7,053 sq metres or thereabouts are needed for general development. Among the owners of the58 words
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Page 1 Advertisements
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Advertisement148 1984-07-09 1 Call Wayfoong at 737-7977 for a fast decision on your loan Wayloong Mortgage and Finance (S) Lid A wncrty-owned subsidiary o» Hongkong Bank 6 Claymore Hill *03-00 Claymore Plaza Sngapore 0922 A.P No. 0008 A Man will reaffirm policy on Cambodia, Paga 4 *:< This personal screen-size Trinitron is Sony's148 words
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Advertisement382 1984-07-09 1 /aa Mara A lot of people love takes, soys JOHN RUSSELL. Given the choice, they prefer them to the reol thing. Fakes are funny, ond unlike the genuine article, they are the easiest thing in the world to talk about. Page 9 If pressed to name the movie which most382 words
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Advertisement123 1984-07-09 1 Commercial Banking Investment Management Foreign Exchange *T FOURSEAS CCMMo* C* T |Q%S (AS> l TL Head Of* re Welcome to 'JAL Executive Class'. It adds up to a first class deal at just the economy fare. ir rtfim r. < .j. I r-'f. ■f. When you travel 'JAL Executive Class',123 words
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MANAGEMENT
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Article, Illustration910 1984-07-09 2 TSANG SAU YIN - Do Asian consumers react more favourably to local or foreign models in advertisements? To what extent are they influenced by local and foreign-made products? TSANG SAU YIN reports. MARKETING^ TSANG SAU YIN FOREIGN faces on an advertisement tend to give a more favourable910 words
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682 1984-07-09 2 PAUL TAYLOR - By PAUL TAYLOR FT JUST WHEN it seemed that the American Express dream of building a highly profitable worldwide financial services empire from the bottom up was within reach, the greencard giant appears to have stumbled. Last year, Amexco's earnings fell for the firstFT - 682 words
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430 1984-07-09 2 TAN SOO JIN has set up his own management consultancy after working about seven years with leading European companies, Kom Perry and Egon Zehnder International. Called Tan Soo Jin Consultants, Mr Tan is, in (act, representing the only Asian competitor to the European430 words
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Article, Illustration683 1984-07-09 3 LEE HAN SHIH - Compiled by LEE HAN SHIH IN ONE OF his most famous works, Californian science fiction author Larry Niven suggested that the business of organ replacement could be such a lucrative business in the near future that a new trade,683 words
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Article, Illustration1367 1984-07-09 3 The decline of Switzerland's Hoffmann-La Roche, once the most successful drug company in the world, is a dramatic example of the perils of success and its effects on management. CARL A RAPOPORT has the details. FT ON MAY 14, 1975, Mr RichardFT - 1,367 words
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210 1984-07-09 3 FT EDUCATION and training requirements in engineering are going through a period of radical change as new technologies advance through the industry. The loss of unskilled and semi-skilled jobs has been heavy during the recession, creating a pattern which is set to continue. InFT - 210 words
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Page 2 Advertisements
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Advertisement235 1984-07-09 2 How you can benefit from Bayerische Landesbank's presence in A 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, k Over the years we have constantly upgraded and refined our international banking capabilities, building a235 words
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Advertisement249 1984-07-09 2 The Digital vs. Analog battle is oVer SI9B 00 \>uvs voii the new champi< The newf Fluke 70 Series. The\ combine digital and analog di?o r <in unbeatable punch c ombination \ov\ digital useifc get the extra resolution oKa ?2<K)c ount I CD display. While analog users] analog bar graph249 words
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Page 3 Advertisements
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Advertisement145 1984-07-09 3 EVERYTHING You Ever Wanted To Know About UNIX A Seminar by Professor Juris Reinfelds University of WoUongong Leading UNIX Authority Date: Wednesday, 8 August 1984 Time: 9 s.m. to 3.30 p.m. Venue: York Hotel. Carlton Hall Fee: 100 per person (Includes lunch, tea/coffee breaks, seminar papers) Seminar Topics: a de145 words
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Advertisement217 1984-07-09 3 I s !•> I I CH (il 0 <r o II »> it x. >.i Superb craftsmanship and design ere the hallmarks enjoyed by AMEROCK locksets the world over. After ail, it is the world's No. 1 choice for decorative locksets ft is a fact too that each lockset is217 words
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OVERSEAS
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550 1984-07-09 4 AFP CHINA'S elder statesman Deng Xiaoping is embroiled in an intense power struggle which surfaced in his public rebuke of two top officials in late May, a top China-watcher said in Hongkong yesterday. Speaking to Hongkong reporters on May 25, Mr Deng, 80, blastedAFP - 550 words
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218 1984-07-09 4 UPI THE STANDING Committee of the Chinese National People's Congress has announced the appointments of three new government ministers. All three men are in their 50s, quite young by Chinese government standards, and were described by the official Xinhua news agency as "having higher education".UPI - 218 words
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159 1984-07-09 4 AP THE REAGAN Administration will ask Japan for a fifth year of car import quotas if the United Auto Workers Union holds down wage-increase requests and car companies restrain executive salaries, the Detroit News reported. In a copyright story from itsAP - 159 words
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Article72 1984-07-09 4 Reuter AMERICAN steelmakers have appealed to Congress to limit steel imports. During a Senate Foreign Relations Committee hearing last Friday, industry representatives voiced support for Mils before Congress that would limit steel imports to no more than 15 per cent of the US market. However, AssistantReuter - 72 words
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334 1984-07-09 4 AP AN AMERICAN disarmament delegation concluded two days of talks with Chinese officials on Friday on chances for a new superpower dialogue and other security issues, which a US government source called "friendly, frank and wide-ranging". The source, who askedAP - 334 words
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510 1984-07-09 4 Reuter THE SURPRISING drop in the US jobless rate last month sent some analysts back to rethink estimates for economic growth and expectations of tighter Federal Reserve monetary policy. The Labour Department said the civilian unemployment rate declined to 7.1 per cent lastReuter - 510 words
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487 1984-07-09 4 Reuter AMERICAN labour leaders are confident of getting trade union voters to back Democratic presidential hopeful Walter Mondale against President Reagan in the November election. "I think Ronald Reagan has already done that to persuade union members who voted for him inReuter - 487 words
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Article, Illustration62 1984-07-09 4 THE SMASHED cart of a 13-car Montreal-bound Amtrak train ara aaan hara strewn about a culvert after a darailmant which occurred at a washed-out croaaing near Williaton, Vermont, on Saturday. Scores of 278 people aboard ware injured and at least three ara known toAP photo - 62 words
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WORLD IN BRIEF
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Article54 1984-07-09 4 US PRESIDENT Ronald Reagan signed legislation that adds US$53 billion to the government's line of credit and boosts the US national debt to $1.57 trillion. The Reagan administration requested the increase, which was approved by Congress two weeks ago, although the House of Representatives initially voted twice54 words
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Article47 1984-07-09 4 THE 500,000-member strong Malaysian Trade Union Congress had repeated its call to the government to stop importing Indonesian labourers. The MTUC had earlier made a similar call against the government's move to recruit Indonesians to overcome a labour shortage in the construction and plantation industries.47 words
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Article47 1984-07-09 4 TAIWAN plans to double its purchases of crude petroleum from Malaysia, currently around 5,000 barrels a day. Charles Shyu, adviser of the Far East Trading Tourism Centre the Taiwan trade office in Malaysia said Taiwan imported US$7O million worth of petroleum in 1983 from Malaysia.47 words
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Article51 1984-07-09 4 IRAQ'S air force commander was quoted on Saturday as saying Iraq might destroy Iranian oil terminals, including Kharg Island, in the northern Gulf. The official Iraqi News Agency (INA) quoted the commander, whom it did not name, as making the remark in answer to a question from an51 words
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Article71 1984-07-09 4 OVERSEAS orders, received by Japanese construction companies and their subsidiaries abroad, renewed an annual record for the third straight year to total 1,064 billion yen in the fiscal year 1983. Japan's Construction Ministry said the total for fiscal 1963, ended March 31 this year, showed an increase of71 words
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Article59 1984-07-09 4 Agencies AUSTRALIA'S oil and condensate output rose to 2,276 megalitres in April, from 2,208 in March and 1,975 a year earlier, the Department of Resources and Energy said. Naturally occurring liquefied petroleum gas production fell to 234 megalitres from 244 in march and 262 the previous April, theAgencies - 59 words
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312 1984-07-09 5 AFP US TIN SALES are expected to be among the economic and political issues discussed by US Secretary of State George Shultz with Malaysian leaders when he arrives in Kuala Lumpur today, a Malaysian Foreign Ministry spokesman said. Mr Shultz, heading aAFP - 312 words
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218 1984-07-09 5 Reuter BANGLADESH has proposed the holding of a summit meeting of South Asian countries in the first half of next year. The proposal came at the opening session of a meeting of foreign secretaries of a sevennation South Asian grouping comprising Bangladesh,Reuter - 218 words
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Article, Illustration209 1984-07-09 5 Bernama FORMER Malaysian Prime Minister Tun Hussein Onn has said that leadership must be born of the collective genius of the people and be inspired by a multitude of beliefs and backgrounds if the country is to become a "breakthrough society"Bernama - 209 words
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714 1984-07-09 5 Bernama MALAYSIAN Finance Minister Tengku Razaleigh Hamzah has called for a national campaign to get every Malaysian to play a part in helping to reduce the country's balance of payments deficit, estimated this year to total Mss.B billion. The campaign, he said,Bernama - 714 words
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334 1984-07-09 5 UPI THE PHILIPPINE government, which had pointed to self-suffi-ciency in rice as one of its main achievements, has begun to import the country's staple diet. The National Food Authority has confirmed published reports that it had imported 190,000 tonnes of rice fromUPI - 334 words
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217 1984-07-09 5 UPI NEW ZEALAND'S opposition Labour Party has leapt to a 12 per cent lead in popularity according to the last public opinion poll published on Saturday, before national elections this week. Political scientists calculated that the result of theUPI - 217 words
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544 1984-07-09 6 Pacific economic cooperation plan to be examined at talks Reuter SOUTH-EAST ASIA'S leading non-communist nations will reaffirm their policy on Cambodia and examine a new Indonesian plan to advance Pacific economic cooperation in talks starting today. Later in the week, when they meet theirReuter - 544 words
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385 1984-07-09 6 AFP TAIWAN'S international balance of payments has witnessed a-deficit in the flow of longterm capital of both state-run and private enterprises since the first quarter of this year, a top official of the Taipei central bank said. He said that thisAFP - 385 words
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172 1984-07-09 6 Reuter THE UK TREASURY has decided not to support a proposal that would give it power to retaliate against unitary taxation, Chancellor of the Exchequer Nigel Lawson said. Some members of parliament had proposed that an antiunitary tax clause be inserted in thisReuter - 172 words
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196 1984-07-09 6 AP VIETNAMESE gunners inside Cambodia wounded the pilot and a crew member of a Thai L-19 reconnaissance aircraft on Saturday, forcing the plane to make an emergency landing along the Thai-Cambodian border, a Thai provincial governor said yesterday. Saner Mulasart, governor of Suring Province,AP - 196 words
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263 1984-07-09 6 AFP JAPAN realises It has aa lateral la the exhtnee ef a wwhly aad ladastrtally streag Earepe, Preach ladastry aad Research Mlalster Laareat PaMas saM la Japaa, He sali he had emphasised this petet n»pfttagjrtth JapaAhe. Mr PaMas saM: <01 Earepe Is as*AFP - 263 words
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377 1984-07-09 6 Reuter OECD OIL consumption will rise by around 3V4 per cent this year over 1983, but will probably increase by less than 1 per cent in 1985 as real GNP growth slows, UK stockbrokers Simon 6 Coates said in a study. The studyReuter - 377 words
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342 1984-07-09 6 Reuter CONCERN has been voiced by some British officials over what they view as ministerial pressure to play down the economic effects of the coal miners' strike. While there has been no suggestion that economic statistics released by the government haveReuter - 342 words
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245 1984-07-09 6 AP EAST German leader Erich Honecker has been quoted as saying that he will seek the removal of Soviet medium-range missiles from his country in conjunction with a halt in the installation of Nato medium-range missiles. "Together with our allies, we will do everything,AP - 245 words
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Article725 1984-07-09 6 ARRIVALS Opcrotw Same* number tim# From PAA SIA MAS MAS SV MAS MAS CAL RBA SIA CPA Rj GIA SIA SIA THAI MAS OA MAS SIA SIA SIA GIA THAI PA5 SO 43 MH681 MH60I SV386 MH67I MH8I 1 CI806 BM2I SQI03 CX710 RJI82 GA960 SO 105725 words
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Page 4 Advertisements
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Advertisement145 1984-07-09 4 > •5 9€S3S^cp;t\,\ ARTEMIS BEAUTY CENTRE Aa Everlasting "Draw" A lady's eyebrow reflects on her dmn ft personality. Neat, charming brows project an eiegant and aopfaatficaledlook. Wide and untidy brows wfllonly nwn aHHnwi time and effort for make-up. His caßs forth the hrtrodnction of the ever popular "eyebrow tattoo" #02-32,145 words
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Advertisement48 1984-07-09 4 Where they really care about Quality... The CHARTERED BANK Building Singapore Available for immediate occupation ACCOMMODATION R >K LEASE IN THE HEART Oh' RAFFLE PLACE A Owner K Developer The Chartered Bank t 225 8888 Sole Letting Age'^t Jones Lang /v> Tel 532 3888 (*****0 after hours i48 words
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Page 5 Advertisements
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Advertisement181 1984-07-09 5 Reach the world with OIRON One-touch diallers n®;i w. m CI SC-. -fi «l <1 >IiVW '5,'J _a I J *r h>Jmry X.W&Ji v/^ r ft" saure a *£iSB- -A-^-Here are two indispensable automatic diallers for busy executives. Ingenious examples of superior micro-computer technology, the models are packed with time-saving181 words
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Advertisement289 1984-07-09 5 PARK WEST For Sophisticated Living in Casual Style PARK WEST, set within the idyllic greenery along Upper Ayer Rajah Road and conveniently located between the City and Jurong Industrial Estate, offers you the finest in condominium living in exclusivity and Style. Resort atmosphere with a luxurious range of facilities that289 words
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Page 6 Advertisements
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Advertisement177 1984-07-09 6 r 'I 3 if .>• stj <* o 3? *r JL ■r «t? VV CltsL'* S* ir V 3 J 4* Cfl> >** <:+*• +*> O «> Q V; M» v* J *> im o o y o H c o •o o £2^ &S2.y A'> :A>-LA-If? ,'y >: igloagggjgj177 words
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Advertisement8 1984-07-09 6 [ass. Moiv StAitmom. Moiv Log room. More Spjtv.8 words
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BANKING AND FINANCE
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Article285 1984-07-09 7 THE American dollar was strong last week, touching record highs against the pound and Canadian dollar. Intervention on foreign exchange markets by central banks slowed the dollar's rise only temporarily, said Union Bank of Switzerland in its review of foreign exchange markets last week. Due to the285 words
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Article35 1984-07-09 7 UBS US dollar Expected to touch new highs. Swiss franc: Under heavy pressure from capital exports and interest rate disadvantage. Dsutschomarfc: Freed from .industrial unrest, again the main alternative to the dollar. ÜBSUBS - 35 words
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Article234 1984-07-09 7 FOLLOWING a month of relatively quiet and narrow-range trading, spot gold prices, London-deliv-ery basis, tumbled more than US$35 a troy ounce in volatile trading last week. Speculative selling on top of stop-loss liquidations were especially heavy on the New York Commoditiy Exchange, says bullion firm Green and Collier234 words
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Article140 1984-07-09 7 THE dollar rose one pfennig in thin late trading on Friday to close well above 2.83 marks, and sterling ended the week at a record low despite a rise in the base lending rate of British banks. The dollar closed at 2.8370/85 marks, almost one pfennig higher than140 words
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Article35 1984-07-09 7 THE RANGE of cod rates for the week ended Friday, July 6: Bonk fund 5 to 5.4 General fund 5 to 5.3 $m t s of funds 1,317 Source: Short Deposits (M) Bhd35 words
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Article, Illustration435 1984-07-09 7 PLR of bonks at the close of business on Fridoy, July 6 os supplied by the Association of Banks in Singapore. THE PU is H*e lowest tending rat* at whidi o bonk is preporod to Itnd in Singoporo doliors to its dionts on on overdraft or domond435 words
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121 1984-07-09 7 THE US/Singapore dollar opened last week at a low of 2.1320-30 and demand for the US dollar pushed the rate up to close one cent higher at 2.1435-45. The Singapore dollar strengthened against sterling, the mark, yen, Australian dollar and New Zealand dollar. It weakened121 words
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Article200 1984-07-09 7 Asian rates ASIAN currency average deposit rates for the week ended July 6: WD PRICES High Le» us$ 7 day* 115/8 II 1/2 1 month 117/8 II 3/4 2 —<l> 121/16 12 3 month* 12 1/4 113/16 6 month* 12 13/16 12 3/4 9 month* 13 3/16 13 1/16 12200 words
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Article52 1984-07-09 7 At yesterdoy close 3-month Treasury biHs 3-month bank bills 3-month CD 6-month CD 3 1/88—3S 9 3/166—9 1/I6S 8 1/28—8 3/8S 8 5/88—8 1/2S Prices offered by discount houses on July 7 v #r ght 1 1/2—3 1/4 Cal deposits 3 1/4 iOKTC#.' NoflOdo/ Dncount Compom) Source: National52 words
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220 1984-07-09 7 Reuter INTERNATIONAL Finance Corp (IFC) is offering loans on a floating rate basis to companies in developing countries. The World Bank affiliate, which offers private sector finance in developing countries, granted fixed rate loans for 28 years but has changed its policy dueReuter - 220 words
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276 1984-07-09 7 AP THE U8 Expert-Impart Buk has >nmd aa Increase of 1.2 percentage points la the nhMM Interest rate It charge* M loans to eneearage ether eaaatrtos to bay goods made la the US. The haak has made U*****.5 mllllea worth of loaas since OctAP - 276 words
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559 1984-07-09 7 Reuter UK interest rates might have to rise again as sterling remains vulnerable to further declines, many dealers and private economists said. Last Friday's news of a V« percentage point increase in bank base rates had only a limited and short-lived impact onReuter - 559 words
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256 1984-07-09 7 AP FRIDAY'S increase in UK interest rate shows that the authorities lire not prepared to take risks with monetary conditions and inflation, government sources say. They said the increase of V« percentage point in bank base rates resulted mainly from external factors, primarily the strongAP - 256 words
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Article98 1984-07-09 7 Reuter FRIDAY'S rise in UK interest rates will not have a serious effect on the British economy, says Nigel Lawson, Chancellor of the Exchequer. Interviewed by BBC Radio last week, he said he expected the economic recovery to continue and inflation to edge downwards. Earlier last Friday,Reuter - 98 words
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Page 7 Advertisements
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Advertisement20 1984-07-09 7 M to m f f S^f i=:u.: w. k V:£--rW'TM; Ti~M:7 3 Shenton Way, #03-12, Sherrton House Singapore 0106. Teteph«w:22s427720 words
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Advertisement171 1984-07-09 7 The copier with the unique shuttlex system Now you can benefit from Sanyo technology in office copiers. Because you get advanced features, quality and after-sales service in the bargain. And such advanced copiers, like the SFT 1150ZE, aren't costly. The unique Shuttlex System in the SFT 1150ZE is designed to171 words
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FEATURES
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Article1669 1984-07-09 8 ZHOU MEI - J D H Neill has, over the past 13 years, become almost as much a part oI the National Wages Council as its chairman, Professor Lim Chong Yah. Born in Fiji 61 years ago, he has been in Singapore for nearly 40 years. Since 1957,1,669 words
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Article1234 1984-07-09 8 TERESA LIM - ThU I» By TERESA LIM A VERY IMPORTANT milestone in the history of Hongkong has been passed. Three illustrious Hongkong Chinese went to Beijing to see the chief. One was a knighted Hongkong industrialist, Sir S Y Chung, the delegation's leader. One was chairman of1,234 words
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Article, Illustration1348 1984-07-09 9 JOHN RUSSELL - By JOHN RUSSELL NYT I HATE TO say it, but a lot of people love fakes. Given the choice, they prefer them to the real thing. Fakes are funny, they think, and unlike the genuine article they are the easiest thing in the worldNYT - 1,348 words
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Article, Illustration508 1984-07-09 9 JAIME LYE - By JAIME LYE IF PRESSED to name the movie which most undermines the human intelligence and over-estimates viewers' naivete, Against All Odds would come close. Indeed, if Hollywood were to create a court strictly for film offences, director Taylor Hackford would probably508 words
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Article806 1984-07-09 9 ANATOLE BROYARD - mmnm Him with hit foot in his mouth and other stories. By Saul Bellow Harper and Row 294 pages By ANATOLE BROYARD NYT IN COUSINS, the last of the five stories in Saul Bellow's new collection, a man's former wife says: "You have an exuberance that you keepNYT - 806 words
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Page 8 Advertisements
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Advertisement263 1984-07-09 8 S.E. ASIA'S MOST COMPREHENSIVE WELDING METAL FIMSHMG SHOW WELDING '84 SURFACE TREATMENT 14 Si KB Endorsed by: Singapore Metal Finishing Society Organisers ITEM PTE LTD 750QA Beach Road, #12-324, The Plaza, Singapore 0719 Tel: *****02 (3 lines) *****62 Telex: RS ***** KELLYIN Cable: KELLYINDUS 3RD INTERNATIONAL WELDING FABRICATION SURFACE TREATMENT263 words
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Page 8 Miscellaneous
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Page 9 Advertisements
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Advertisement144 1984-07-09 9 4 E& O Hotel, rooms are BIG SUITE SIZED!! Luxurious, completely j with multi-split air conditioning, realistically priced from Msllo.oo the best value for money in town, iently located in the city, the E O is set amidst sprawling gardens that rlook the sea. The ideal setting for the discriminating144 words
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Page 9 Miscellaneous
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Miscellaneous637 1984-07-09 9 rajHKJ-oaa saDsasm© CRYPTIC PUZZLE ACROSS 1 With which to feed one's face (5) 6 Gets out of the way, chops (5) 9 Racing Dog? (7) 10 One man in the world of racing (5) 11 Name of a horn composition (5) 12 People adjusting costs (5) 13 Be an average637 words
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INTERNATIONAL STOCKS
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238 1984-07-09 10 UPI SAN MIGUEL CORP, one of the largest manufacturing concerns in the Philippines, has acquired two mills of a state-created coconut oil monopoly in a new business venture, the company said. San Miguel bought Lucena Oil Factory and Iligan Coconut Industries forUPI - 238 words
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Article313 1984-07-09 10 JuJy 7 Y««i Ainomoto AJtai 1190 418 10 15 Amodo 1060 unch Asahi Own 620 •12 Asahi Gots 772 -8 Bonk of Tokyo 455 unch Bhdgnton* 585 1 Carton 1190 unch Cauo 1150 -40 Crttzen 471 unch Oomi 666 1 Dat-tchi Kangyo Bank 945 inch D Nppon Print 904313 words
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289 1984-07-09 10 A LATE rally attempt fell short and the stock market lost ground in very slow trading last Friday on fears the government's report of a drop in the nation's unemployment rate would lead to higher interest rates. The Dow Jones Industrial Average, down289 words
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Article192 1984-07-09 10 JULY 06 C$ Abrttx 26 Ale on 34* unch Aigomo 21 Bonk Mont 23 -H Bonk Novo Scotia M T4 31* BP Can Ltd 24 Brascan 30 Can Imp Bk 23* Can Prm Mg Canpoc 40* Carina 0'K««tc CmW Rd Lk 15* 28* Cn Bthrt Q A 27** Coavnco192 words
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Article250 1984-07-09 10 JULY 06 INDUSTRIALS A Afeho 8758 Abarcom I95S unch AE And Q 930S 4S0S .5 AMK^ ***** Barlows 1290 -45 C G Savth 2080 -70 CNA 280 urvch Cum* Frxmce 48SS Edcon 9000 F«d Vofc 435 -5 420 unch Hv^d 480 Knh 370 -5 Ub Hotdi MOO 20 265250 words
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Article694 1984-07-09 10 JUtY 06 US$ ACF Industrie* AJcan Alumn 26*4 unch Alcoo 33* Alegheny Lod 21* AM Own Cp 3IVt AM Stores 43* AJ»-Chakners 10% -It Am Brandt Inc 55* Am Broadcast 64 unch Am Can Co 45* Am Cyanomid 47 Am Elec Pwr 16* unch Am Express 28* Am694 words
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Article653 1984-07-09 10 Amsterdam JULY 06 Fk ABN ***** iS '116 00 -2 Ahold 181 70 -2 85 40 -13 AM£V 158 30 -07 Anitas 59 00 -2 2 Boh 90 00 -3 238 00 unch Bo*k<j 30 30 -0.2 Burrvt 67 00 +0 8 Cotood 37 00 0 2 340653 words
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Article132 1984-07-09 10 Reuter ALAMITO Co, a whollyowned subsidiary of Tbc-< son Electric Power Co of. the US, is seeking to rate' US$36O million through a. syndicate of international banks, says lead manager Blyth Eastman Paine Webber International. The credit will have a final maturity of 10 yean,Reuter - 132 words
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Article53 1984-07-09 10 Reuter TAIWAN Power Co (Tat power) plans to issue about five billion yen of corporate bonds through two or three Japanese a& curities firms, including Daiwa Securities Co. A company official says Taipower is working out details with Daiwa and other Japanese firms on the dateReuter - 53 words
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Page 10 Advertisements
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Advertisement614 1984-07-09 10 Waere to wise, Mm ■mS entertain w A IX Si w Af band group. THev will tdw live entertainment while yo Ihey wui gw your favourite sink into our cosy corndrink. Both groups have the perfect com bination to put you in a wonderful m BUSINESS HOURS 100 Part, Tim*614 words
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Advertisement138 1984-07-09 10 Ji m m mm V Jl -'<• r-' Wifei 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 pm138 words
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INTERNATIONAL COMPANY NEWS
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793 1984-07-09 11 UPI BATA Shoe Inc will turn off the computerised sewing machines at its Beverly plant this month and close the facility. The jogging shoes it makes cannot complete with imports. Jim and Leavaughn Kyle are among theUPI - 793 words
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217 1984-07-09 11 UPI BECHTEL CX)RP has agreed to refund US$4.B million of $16 million allegedly overpaid by Korea Electric Power Corp in connection with nuclear power plants in Korea, a top official of the Korean utility said. Park Jung-Ki, president of the state-owned power company, saysUPI - 217 words
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Article142 1984-07-09 11 Reuter ELECTRONICS giant ThornEMI has formally abandoned plans to take over planemaker and defence contractor British Aerospace, Thorn said. Thorn, whose empire stretches from computerised communications to entertainment, surprised investors in May by announcing it had begun talks on a merger. The British government, which owns 48Reuter - 142 words
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102 1984-07-09 11 Reuter T GALGEY And Co, a small UK securities firm, is considering what type of action to take in order to recover losses it has sustained as a result of certain transactions it had with Bear, Stearns International, says Galgey president Terry Galgey.Reuter - 102 words
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211 1984-07-09 11 Reuter THE ASSOCIATED Press erroneously reported on June 11 that the Abu Dhabi Investment Authority had acquired enough shares in Reuters to become the second-largest voting bloc in the international news and financial information service. Reuters spokesman Micheal Neale said the Abu Dhabi agency'sReuter - 211 words
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379 1984-07-09 11 FT ATARI'S new owner. Jack Tramiel, has begun a major reduction of the workforce at the Sunnyvale California-based video game and home computer company. The new "leaner and meaner" company is expected to concentrate its efforts on home computers andFT - 379 words
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Article72 1984-07-09 11 THE THRESHOLD for mergers qualifying for government investigation has been raised to a combined asset value of £30 million from £15 million, Trade and Industry Secretary Norman Tebbit said. In a written parliamentary reply, he said the increase should reduce the number of mergers qualifying for investigation72 words
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Page 11 Advertisements
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Advertisement92 1984-07-09 11 c©s ay M si v:v pPK £8 x 2 van.. id Will l mmm am&m yfi and "t 4\ v < *y <y SingaPSL r e *12* pe T Highlighting some of latest and most creat summer collections I the fashion scene. Every Friday night from to August 31,1984. 7.30pm92 words
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Advertisement99 1984-07-09 11 For lunch. For dinner For a richly rewarding expcricnce. Kiismcssmt ii s I nn< h Simd.H Hi i 11,1 < h I <>t reservations < all 7.'i7 )677 A ty «-I tl I I l"\ I l< IK >1 I H MING COURT HOTEL SINGAPORE yjvelaftanoe %2<Jfoou m 9 <199 words
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Advertisement144 1984-07-09 11 V zi -'V- •vW j ar..*- an i Hf-M :a~ m <* n 9. Vi A special garden atmosphere where time never runs out. Here, master chefs prepare delicious and lingering tastes from gourmet style to simple meals. SPECIAL FEATURES: DaHy Buffet Breakfast $11.50 DaNy Sat Lunch $12 Chaf nacommandi144 words
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Advertisement189 1984-07-09 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. rnk <&* Y7FOT the occasion, an exdang menu J been prepared. The lelection includes Escalope of marinated salmon fitted'. undi prawn189 words
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Advertisement117 1984-07-09 11 r Iff 51 'goffee garden, we serve son poaitd the clock Wj%, WsT' A Jsfg <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 our117 words
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RAW MATERIALS
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325 1984-07-09 12 Reuter THE European Community Commission has approved a plan by the bloc's 10 biggest producers of synthetic fibres to cut 18 per cent of their capacity in line with lower demand. The plan provides for the closure by the end of next year ofReuter - 325 words
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Article695 1984-07-09 12 COFFEE Robusta futures closed Friday £22 a tonne below to unchanged from Thursday's close, apart from distant July which traded £20 up at £2,040. Most active September finally traded at £2,262, £22 below Thursday's close. No orginal gradings were posted in the afternoon with the total uncharged at695 words
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Article170 1984-07-09 12 THE SINGAPORE produce market was quiet again last week. Price movements were negligible with the exception of pepper. Overall, the pepper market was inactive and the undertone was easier. Buying interest dwindled as prices moved higher. Black pepper prices closed at the same levels as170 words
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89 1984-07-09 12 Reuter PROSPECTS ARE good for 1984/85 cotton and jute crops in the Indian subcontinent, following favourable rains since the monsoon broke last month. Pakistan's Textile Mills Association chairman Javed Saifullah Khan said a major recovery is expected for the country's cotton crop in 1984/85 afterReuter - 89 words
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Article31 1984-07-09 12 STRAITS TIN Dot* Closing Pricos Turnover (MS/kilo) (tonnes) July 2 dosed closed July 3 closed closed July 4 29 15 80 July 5 29 15 137 July 6 29 15 47531 words
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Article175 1984-07-09 12 LONDON Futures closed Friday with gains from Thursday of £2 to £10 per tonne. Oct/Dec 1964 was finally quoted at £675/678 from L669/670 on Thursday night, with dealers attributing much of the day's support to light short covering against higher Singapore levels. But there was no followthrough in physical175 words
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Article147 1984-07-09 12 Chinese Produce Exchange (StMtrt' noon ciotmo prtc#s Ofi July 7 SS/100 kg) Coconut oil Bute FOG 240 00 OM drum FOB 253 00 New drum FOB 257 00 Copra Mixed (kx>t«) 125.00 buyer» Pepper Muntok white FOB NLW 627.50 Sarawak white FOB foq NLW 620 00 Sarawak special147 words
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1067 1984-07-09 12 AFP THE 23-MONTH low for gold depressed London commodity markets last week, with the further weakening of sterling at a record low against the dollar largely disregarded. But fresh buying developed on a thin, seasonally quiet market, ahead of the week-end. Firm featuresAFP - 1,067 words
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262 1984-07-09 12 AFP PAPUA New Guinea's troubled Ok Tedi gold and copper mine has shut down its gold processing plant after a cyanide spillage. The spillage came on Thursday five days after a barge overturned and tipped 2,700 100-kg drums of cyanide intoAFP - 262 words
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Article54 1984-07-09 12 Renter THE Japanese Food Agency is likely to buy up to 476,000 tonnes of wheat (or September shipment. The purchases are likely to comprise 272,000 tonnes from the US, 102,000 from Canada, 85,000 from Australia as well as 17,000 from one of the three nations forRenter - 54 words
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Article223 1984-07-09 12 SOYBEAN futures ranged from off five cents a bushel in August to up seven cents in distant new crop months on the Chicago Board of Trade on Friday. November ended near the middle of a 19-cent range. Prices fluctuated wildly on both sides of unchanged in the thin dealings223 words
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Article173 1984-07-09 12 WHEAT futures closed 3V« to IV4 cents a bushel higher on the Chicago Board of Trade on Friday. September ended in the middle of a 5 Vt -cent range. Wheat finned in sympathy with strength in other pits, particularly as the markets advanced around midday. Futures retraced part of173 words
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101 1984-07-09 12 Reuter ENTERPRISE Oil PLC said its board is advising shareholders not to accept the tender offer from Rio Tinto Zinc Corp PLC for a further 15 per cent of its shares. Rio Tinto's offer for up to 32 million Enterprise shares at a maximum ofReuter - 101 words
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Page 12 Advertisements
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Advertisement192 1984-07-09 12 r This announcement appears for the purposes of record only. July 1984 JEL^ JURONG ENGINEERING LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) Issue of 7,000,000 Ordinary Shares of 550.50 each at 551.75 per share Managed and Underwritten by ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD SINGAPORE NOMURA MERCHANT BANKING192 words
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MARKET REVIEWS
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Article, Illustration5251 1984-07-09 13 AMY CHEOK - |L E—s a By AMY CHEOK THE MONTH of July kicked off on a promising note. Having both the major Indices recording substantial gains on four out of the five trading days is not bad at all. But the good performance was marred by an5,251 words
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226 1984-07-09 13 m r vlAustralia M Reuter AUSTRALIAN share markets closed firmer last week compared with the previous week on strong institutional buying and takeover activity, The All Ordinaries Index finished the week 9.3 points higher at 668.0 points, the All Industrials marker rose 18.4 to 938.8Reuter - 226 words
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Article541 1984-07-09 13 JULIANA TAY - Week ended July 6 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Cerebos Pacific Ltd will soon hove a listed vehicle for its New Zealand interests following a merger agreement with a food company, Gregg's Ltd of South Island. Choan Hup Marine Ltd has contracted to buy541 words
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Article336 1984-07-09 13 ÜBS IN THE opening week of July, the Zurich stock market witnessed no clear trend. In view of the increase in time deposit rates by domestic banks and the virtual lack of improvement on Wall Street, investors continued to display a wait-and-see attitude. The very firm USÜBS - 336 words
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1612 1984-07-09 14 GERALD COLVERD - London a By GERALD COLVERD SURELY the best conversation of each day is held early in the morning when one is speaking boldly into the bathroom mirror. It offers the major advantage of knowing exactly what the reflection thinks and how it will respond1,612 words
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720 1984-07-09 14 n i' ew I A FT WALL STREET is the preserve of work alcoholics who enjoy nothing better than phasing members of the fifth estate with impossibly early breakfast interviews. But even this passion for hard labour takes second place to the flagFT - 720 words
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Article452 1984-07-09 14 TERESA LIM - II b j I Hongkong m By TERESA LIM, Hongkong Corrospondont THE Hongkong stock market last week tested some new lows for the year. Share prices were consistently below the 900 mark and by Friday had touched 822.86 on the Hang Seng Index, the lowest452 words
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678 1984-07-09 14 1 MM K.Lumpur 4 IN SPITE OF some late selling, the Kuala Lumpur stock market staged a mild recovery last week with share prices finishing higher on a broad front. However, investors were still in a cautious mood as they waited to see if678 words
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288 1984-07-09 14 55 W| Milan "i:ir ii ii A BCI CONCERNS over the stability of the ruling Italian coalition continued to restrain Milan share prices, and even when the atmosphere on the political scene became less tense, conditions on the market remained quiet. The BCI all-share index closedBCI - 288 words
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Article123 1984-07-09 14 FUSAN Fishing Manufacturing Bhd is renegotiating the terms and conditions of the proposed acquisition of the entire issued and paid-up share capital of three companies. In a reply to Kuala Lumpur Stock Exchange (KLSE) queries regarding the proposed acquisition of Traders 4 Merchants Insurance Bhd,123 words
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397 1984-07-09 14 |p]J Tokyo gl J AFP A WEEKEND setback offset midweek gains on the Tokyo stock market last week amid a number of adverse factors overseas. The key market barometer Dow-Jones average of 225 blue chips, a whopping 267.27 yen winner the previous week, gaveAFP - 397 words
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Page 14 Advertisements
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Advertisement266 1984-07-09 14 MM It THE CHIEF EXECUTIVE PROGRAMME (November 5 9, 1984) Venue: Kuala Lumpur Hilton This programme is organised by the Malaysian Institute ot Management, in collaboration with the University of California (Extension), Berkeley. For Whom: The 5-day (non-residential) seminar is organised exclusively for Top Management of companies, both in the266 words
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COMPANY NEWS
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547 1984-07-09 15 MULTI-Purpose Holdings Bhd has finally realised its ambitions to gain control of a commercial bank. But the price it has to pay is to give up its 40 per cent stake in Malaysia's third largest domestic bank, United Malayan Banking547 words
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Article, Illustration220 1984-07-09 15 DATUK Kang Kock Seng (abeve), who was at the helm of General Lumber Holdings Bhd from 1972 until recently, passed away last Friday. The late Datuk Kang had been in the corporate limelight in the past few months following the takeover tussle for General220 words
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277 1984-07-09 15 GEORGE Kent (Malaysia) Bhd has maintained its profitability in relation to the company's increase in share capital after its three-for-two bonus issue, said chairman Tan Kay Hock. He gave this assurance in answer to a question from the floor at the company's277 words
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Article797 1984-07-09 15 Current payment Ex date Books close Date payobie Total for tfee year Totol for previous y« Acma Apollo Asiatic Dav B Sambawong Botu Kowon Botu Lintong Bolton CCM D Koramat Duff Dav Dutch Baby F N Fad Cables Fimo M Box Gontings Goodwood Park Guinnass H L Finance797 words
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157 1984-07-09 15 SUPREME Plantation Industries Bhd is selling its two wholly owned subsidiaries, La dang Sumundu (Sabah) Sdn Bhd and Kalumpang Estates Sdn Bhd to Kuala Lumpur Kepong Bhd tor a total cash consideration of MJ10.43 million. Both subsidiaries own estates located near Tawau, Sabah.157 words
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562 1984-07-09 15 CHAMPION ORCHARD Motors, Inchcape's Malaysian subsidiary, is adopting new strategies to ensure its growth, if not survival, in a car market which is being rapidly squeezed on many fronts, and fraught with changes. In a two-prong strategy, Champion Orchard Motors has562 words
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758 1984-07-09 15 NAJEEB JARHOM - Complex scheme in move to diversify unveiled By NAJEEB JARHOM IN ANOTHER MOVE to diversify from its industrial gases operations, Dah Yung Steel Co (S) Ltd has unveiled a complicated scheme which will eventually result in the acquisition of a group758 words
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Article, Illustration596 1984-07-09 15 CHAN MAY PENG - By CHAN MAY PENG MORGAN Grenfell (Asia) Ltd has recommended minority shareholders of Allied Chocolate Industries Ltd to accept the unconditional offer from Phina Investments Pte Ltd to acquire the remaining shares in Allied Chocolate at $2.10 each. Phina, a596 words
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202 1984-07-09 15 Bernama CHOCOLATE Products (Malaysia) Berhad is poised for further growth in the international market with its recent acquisition of 50.7 per cent of Allied Chocolate Industries Ltd, said company chairman Datuk Lim Kheng Kim in his latest annual review. He said the move wasBernama - 202 words
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Page 15 Advertisements
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Advertisement156 1984-07-09 15 WANTED Invest in a money-making opportunity that guarantees your success! PACE PRODUCTS INTERNATIONAL is a leading CI S manirfacturer of industrial coatings and maintenance products, with a 25 year reputation for quality and reliability. Our large repeat business is due to constant reorders from major international corporations and commercial/institutional operations.156 words
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550 1984-07-09 16 LEE HAN SHIH - By LEE HAN SHIH A SURVEY reported recently again placed Singapore as one of the mo6t expensive cities in the world for holidays and business, where an unfurnished twobedroom apartment costs US$l,4OB, a business lunch for two US$6B and a woman's ready-to-wear dress US$25O.550 words
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702 1984-07-09 16 BRIAN MILLER - By BRIAN MILLER VISITING Queensland jockey Graham Cook certainly lived up to his name at Bukit Timah yesterday when he served up a spread that was fit for a queen. For starters, he presented punters with an entree when702 words
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Article103 1984-07-09 16 AP JUDGES stood close to cages bung in three tents yesterday to listen to 870 birds sing in a contest on loudness, variety of tunes, stamina, display and physique. Micro-computers kept track of the verdicts of the 25 judges, but heavy rain washed out the prize giving ceremonyAP - 103 words
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245 1984-07-09 16 SINGAPOREANS have begun to see an improvement in the level of courtesy. The findings of a "Courtesy and Social Responsibility Survey" conducted by The Times Organisation at the request of the Ministry of Culture shows that 78 per cent of the respondents (1,886,000245 words
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191 1984-07-09 16 BUS DRIVERS and conductors at the Singapore Bus Service can help transform Singapore into a more courteous society. The Minister for Communications, Dr Yeo Ning Hong, yesterday praised them for being more courteous, and said that at least one million Singaporeans boarded191 words
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Article199 1984-07-09 16 HELL-RIDERS will face stiffer penalties, including forfeiture of their vehicles and mandatory imprisonment, with the proposed amendment to the Road Traffic Act. The amendment also seeks to empower the police to arrest, without warrant, any participants in illegal road races. Persons guilty of such an offence may be199 words
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Article132 1984-07-09 16 AN INTERIM report on the Bumiputra Malaysia Finance's (BMF) loans scandal will be ready in a "month or two", the chairman of the committee looking into the BMF affair, Tan Sri Ahmad Noordin Haji Zakaria, said on Friday. The report will be submitted to Bank132 words
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402 1984-07-09 16 UPI TROPICAL storm Betty, packing 23 knot, gale force winds, forced US Secretary of State George Shultz to flee Hongkong yesterday, cutting short a two-day rest stop. Aides said the secretary would leave the British colony immediately after a formal dinner in theUPI - 402 words
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150 1984-07-09 16 THE MALAYSIAN government has been urged to delay the implementation of increased import duties on cement to cushion heavy losses expected by housing developers. Johore Master Builders Association chairman Mr Chen Cheng Kiong said housing developers must be given an adjustment period of150 words
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323 1984-07-09 16 THE COST of storing goods designated for exports to the region will be reduced to as low as 1.25 times the rate for industrial use if the operations are supported by the Trade Development Board and the Jurong Town Corporation. This move323 words
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LATE FILE
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Article53 1984-07-09 16 Reuter PROTESTORS, demanding that militia groups release all hostages, blocked three passages between East and West Beirut only hours after the army had reopened them. Two of the roads stayed open only a short time before the demonstrators, led by women wielding iron bars, moved in toReuter - 53 words
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Article52 1984-07-09 16 AFP A GANG of seven foreign men and a Taiwanese woman were arrested early yesterday on drug trafficking charges in six places scattered across Taipei, police said. The seven aliens included two Australians and two US citizens. The others were from Sierra Leone, New Zealand andAFP - 52 words
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Article60 1984-07-09 16 Reuter VIENNA'S police believed a terrorist group caught in the last few days with guns and explosives was planning to attack a Pakistani target in the Austrian capital, an Interior Ministry spokesman said. The identity of the nine men picked up by security police was stillReuter - 60 words
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Article62 1984-07-09 16 Bernama THE Prime Minister of Fiji, Ratu Sir Kamisese Mara, arrived in Kuala Lumpur yesterday for a three-day visit. He will attend the meeting of the Hawaii-based East-West Centre Board of Governors today. Tomorrow, he will attend briefings at Pernas and Amanah Saham Nasional and callBernama - 62 words
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Article63 1984-07-09 16 UPI A BRITISH airliner arrived from Nigeria early yesterday with its crew and 30 passengers, who were detained in Lagos after an exiled Nigerian cabinet minister was found drugged in a shipping crate in London. Two Nigerians and two Israeli "mercenaries" will face kidnapping charges as aUPI - 63 words
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Article32 1984-07-09 16 Reuter SEPARATIST guerillas yesterday gunned down three Tamil youths in Sri Lanka in a fresh outbreak of violence, police said. The three were Harijans, or low caste Hindus. ReuterReuter - 32 words
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Page 16 Advertisements
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Advertisement190 1984-07-09 16 Call Britannia for professional investment advice 16 Raffles Quay, #13-07 Hong Leong Building, Singapore 0104. Telephone: *****86. THE CERTIFIED DIPLOMA IN ACCOUNTING AND FINANCE the management qualification in accounting forthe 1980s The-Certified Diploma in Accounting and Finance (CDAF).awarded by the Association of Certified Accountants, UK, has grown to be the190 words
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Advertisement8 1984-07-09 16 Shultz to discuss US tin sals, Psgs 58 words
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Advertisement66 1984-07-09 16 mm Mem main m LEBERNAHHN Due to an overwhelming demand by our customers, we are now re-opening our Goldhill Restaurant on J Sundays for dinner only (7p.m. to 11p.m.) BFRNAKDIN And things haven't changed the excellent French Cuisine, a fine selection of vintage wine and the attentive service. (Goldhill Restaurant)66 words
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Page 16 Miscellaneous
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Miscellaneous52 1984-07-09 16 tMH Outlook for today. Fair and windy at Times. Report for 24 hours prior to 7 30pm on July 8 at the airport: Maximum temperature 33.0 Associated humidity 63 Minimum temperature 26.2 Associated humidity 91 Hours of sunshine 7.35 Rainfall in millimetres 0.2 Roinfall this month 0.5 Rainy days this52 words
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SHIPPING TIMES
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263 1984-07-09 17 THE FEDERATION of Asean Shipowners' Associations (FASA) has published an Asean Shipping Directory as a practical guide to regional shipping activities. The 240-page directory is the first of its kind, and is a useful reference to those who need detailed information on the Asean263 words
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Article, Illustration539 1984-07-09 17 LINDA CHEE - By LINDA CHEE THE FAR Eastern Freight Conference's decision to terminate its tolerated outsider agreement with Evergreen has been met with protest by the Taiwanese line. Evergreen said it disagreed with the reasons given by the FEFC and added that all along, cooperation for539 words
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PORTSIDES
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Article78 1984-07-09 17 Reuter PAKISTAN SHIPPERS Council protested against the introduction of a container service charge from July 1 and demanded its withdrawal. Chairman of the council, Abdul Karim Rajkotwala said in a statement that the charge by the India-Pakistan-Bangladesh-UK-Continent Conference would make Pakistan's export cargo less competitive and importsReuter - 78 words
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Article785 1984-07-09 17 tliiaiilii 11 1 '"W"® www p*0* Col Atoo VI 1 Ahrirhtmi Lrar VI 5 AC Toaptw X s A*xk vi s Antoro Shpg IV 1 APCLra V 4 API 4/5 Arrow Ln« X 4 ASCL 1 Auobrofcar V 5 Altat Lra* X 1 Auttouo Lra v 1785 words
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Article525 1984-07-09 18 FRESH sales of vessels for continuing trading were slow to emerge on the secondhand tonnage market last week, shipbrokers said. But continuing the trend of revived interest in VLCCs, the Mnndaca, a very large crude carrier of 330,000 long dwt and built 1977, was sold to undisclosed buyers525 words
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Article188 1984-07-09 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. Australia/Straits Container Line. Nedlloyd188 words
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Article, Illustration841 1984-07-09 18 Seatrade SHIPS WITH twisted sterns can save fuel costs, say German marine engineers at the Hamburg Ship Model Basin (HSVA). The asymmetric stern developed by Dr Ernst A Nonnecke of Hamburg in cooperation with the basin involves a twist below the water line. The objectSeatrade - 841 words
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Article1597 1984-07-09 18 FURTHER declines in rates for grain movements from the US to Japan featured a quiet freight market on Thursday, shipbrokers said. Grain from the US Gulf to Japan received U5513.25 and $13.30 compared with previous business at $13.75. but the unchanged level of $7.75 was agreed for grain1,597 words
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307 1984-07-09 18 UNCONFIRMED reports from Japan indicate that the Japanese government is having second thoughts about ending the storage contracts on a number of the VLCCs that have been providing a buffer of crude oil storage for the country for some years. While the contracts between307 words
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243 1984-07-09 19 AMERICAN shipping line Seawinds has added two more container freight stations on the US east coast for its customers. The two new stations, in Chicago and New York City, will increase to nine the number of freight stations available, said Mr Paul Mead, executive243 words
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453 1984-07-09 19 PROFESSIONAL scuttle crews are known to be operating and are causing concern as an increasing number of ships are lost by Are and explosion. The International Maritime Bureau (1MB) said the existence of crew members willing to assist an owner in453 words
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338 1984-07-09 19 THE PHILIPPINE Ports Authority has agreed in principle to allow cargo handlers at the port to charge higher rates. This will help to partly offset the effects of two recent wage rises and fuel price increases. The amount is still being studied,338 words
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379 1984-07-09 19 REPORTS from Hongkong say that the 1964 US Shipping Act should lead to an improvement in the shipping rates situation between the two countries. The executive director of the Hongkong Shippers' Council (HKSC), Mr Don Hufford, said that the act will379 words
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Article62 1984-07-09 19 Reuter THREE PEOPLE died and eight were iwi«<ng last week after a Spanish cargo vessel was in collision with a Polish refrigerator ship in thick fog off Spain's northwest coast. Three bodies from the 1,197-ton Bilbao-registered Dauka had been recovered by rescue parties. A survivor had also beenReuter - 62 words
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4554 1984-07-09 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.4,554 words
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Article687 1984-07-09 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 Luna Maersk 8408 9.7.84 2330 Maersk 51 0900-1100/0900-1100 Nl/Pl Namg Glory 6N/84 10.7.84 0130 Worldwide TA 3 1100-1300 S3 E Forever *****W 10.7.84 0700 G687 words
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Article1583 1984-07-09 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S). Afra-Earnala Um Transgroup (S) Akreaklei Uaer Service Kim Shpg (S) Alfred C Tnplii Oceanus Shipping Agency (S) Marin tea Enterprise (PK). Aipae Intrasea (S) Bintang Shpg (KL)/ Island Cargo1,583 words
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Article340 1984-07-09 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Chidambaram Fair Rainbow Huang Pu Jiang Jenson IV Kubbar Princess Mahsuri Ravldas Tomoe 5 Hock Hal Lee Kim Soon Li Monteste Ned Loire New Dragon Str Pride Str Venture Sunny Crane PASIR PAN JANG 33/4 25/6 29/30340 words
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Page 17 Advertisements
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Advertisement364 1984-07-09 17 TIMES IkisiiK'ss Directory IB of Sin#i|M>rc H (BUKU MERAH) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE jAUP .lAHDINK AMAH a OOCL ORIENT OVEIQEAS CuUtUMM. LINE FULLY CONTAINERISED SERVICE 10 F'JROPF VIS SUF7 •WPTU* CRYSTAL 1* NKTBuam KOKM CNMK 1M KOREAN JKEJM 2SH T.». WE 21N OMENTAL DBF 4M ocvalo364 words
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Advertisement307 1984-07-09 17 SEALORDS UASC UNITED ARAB SHIPPING CO'SAG) NATIONAL LINE OF BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI PURPOSE SERVICES 11 FULLY CONTAINERISED SERVICE -1 KRO\I ivrw I \l\\ \N lION(.KON<i 27/8 30/t 1/7 7/7 17/7 It/7 27/7 31/7 2/7 11/7 22/7 25/7 5/7 1/7 12/7 14/7307 words
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Advertisement13 1984-07-09 17 LONDON Frights 11/11 l SHIP Sato II CONSORTIA II SIPPING Schedule VIII/IX LkuJ13 words
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Advertisement762 1984-07-09 17 JsE73 i [fullyc containerised service FAR EAST/EUROPE Vt PH I® w atniOL m 12/7 i 3/7 lh/»/fx/i*/«i/«t w mm aanti am no no inm/fimmiv atom HMHNE CO (Ml) LTD TEL *****W KL (PCT) T* 723 MS Formore dMie re#w peg# IV MAERSK LINE EXTORT FASTEST SERVICE TO USA ft EUROPE762 words
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Page 18 Advertisements
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Advertisement276 1984-07-09 18 FAR EAST/EUROPE CONTAINER SERVICE i/a From Eur Mm Far 1) Barcelona, Ganoa, 2) Amsterdam, AMwp. LHarre, tale. UK. 3) Bremen BremcrHavtn, Asrtws, Cnpintimn Httsmiu 4) Mtino. Stockholm. Oslo. *Acceptm( Europe carp tor leader na S pore *Mso direct carfo tor Spore I Banfkot Pis contact PfRMtSC P Kelanf tor toader276 words
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Advertisement319 1984-07-09 18 m Y.S. LINE YAMABHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Also accepting LCL Cargo for USA MIDDLE EAST CONVENTIONAL SERVICES Pan Asia Line, ltd. II NM W7 nn VI 12/1 IVI 11/1 22/t AGENTS SUNSHIP AGENCIES PTE LTD Mutn OM.ce ?2124?2 (S l.net' CFS T«rm,n,l *****21 ***** V OPTORG CO (M) SDN319 words
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Page 19 Advertisements
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Advertisement693 1984-07-09 19 The Straits Steamship Group QCI Overseas Containers Limited ONTAINf RSHIP SFRVICE TO UK CONTINf NT M/l M/l M/f a/I 11/* IV* iw 11/t a/i a/l H/l 77/1 M/ 9 M/ 9 M/ 1 w/i a/t ii/t l«/s 11/J »/1 afl w n/i M/l« M/l* M/ll M/U 11/1* U/M M/l M/l693 words
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Advertisement364 1984-07-09 19 Franco Belyum Services r~- y.* 71- *1 1 h, ,-W« >. CTOK P. BM U Mwt Ma PUmm Mm 11M M ma 12 M IIM MM JIM 2% 4% S% 7% 1(M 17 M 4% S% 7% 1%10% 12 5 22M 23 M 10% Uhl 11% IS* UN "3 »M364 words
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Page 20 Advertisements
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Advertisement643 1984-07-09 20 Hapag-Uoyd TO CONTMNI UK FXPORIS Mim| Eiprns sp*« t KtUnf Pm| Lain 111/7 14/7 li/7 Mm Emu HW| Rdam Blmw K—p 5/» 14/1 11/t IC/I 21/1 Cardfan by KaufaMan Fratlvl Eipni Connecting m Tokyo Connecting m Kobe "Also accepting corgo tor ATLANTIC GULF PORTS Vio mimkindbfKjge, and US MID-WEST by643 words
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Advertisement289 1984-07-09 20 JVC.&LINE FULLY CONTAINERISED SERVICE CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF ETA SP LOAONG FOR OtWRI I 3»/7 MM. BMDM AMAS AQOfTB: WW-OWHWUMJI— CO(TT») LTO T¥L: mT—(4Uw—) TiffcMi o—» rt nuumtMim •U*-AQCNTS: PMM Tt HJW Tmn T«fc MIMO cn a n > aujjf j —1// n —I gj'/ n j Algerian National289 words
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Advertisement344 1984-07-09 20 EVERGREEN LINE FAR FAST/EUROPE CONTAINER SERVICE FAR EAST, MED FUtl CONTAINER SERVICE MP D LCA UM HO N.C KM LEC GDI FOS lim fmrrm H/7 21/7 17/7 17/7 71/7 4/1 Jl/7 1/1 2/1 AcM. */7 n/| u/| Im 17/1 11/ l tccfFiiK cmgo to us muns mm cart mb MEDITERRANEAN344 words
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Advertisement757 1984-07-09 20 KIE SWAN SHIPPING (M) SDN. BHD. Ni. M MIAN SIANGAN PORT KELANK, SELANGOR MALAYSIA \v TEL Nk *****2, 3JM35 3»1S? *****4,*****2.*****7 W. MALAYSIA/STORE TO E. MALAYSIA SERVICES: fKITA THAT I BAR tGAMBELA tHATI SENANG tA VESSEL P M-ANC KKWu Kuching InPt/lO July 11/15 July KKbhi. S'kan. Tawau. L Datu In757 words
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Advertisement204 1984-07-09 20 r D \l aSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Lm*| tar B Abbas. B. I POUT HUANG PfNMUG SMOSC MARITMI PIE LTD TEL *****44// *****70 lAAIOSE MARUNE SON M Id *****2/3 NALATS* TRADE ft TRANSPORT LTD TN (7193 ft i372S KYOWA LINE TO204 words
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Page 21 Advertisements
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Advertisement455 1984-07-09 21 Bsv PIL GROUP EAST AFRICA/RED SEA SERVICES KOTA 9EJATI KOTASALAM KOTA 9EOAR KOTA WISATA KOTA MEOAH KOTABEfUAYA 9BMAPONE LOADING FOft 19- tt/7 HOOEBAH, JEOOAN. AOABA AOeM, HOOCIOAH, JEOOAH, AQABA. PTSUOAN W 7 MOKHA, JEOOAN. MOMBASA. O't ALAAM. MAPUTO ADEN, NOOEBAN. JEOOAH. AOABA MOOEIOAH, JEOOAN, AOABA. PT9UOAN. MOMBABA. D'SALAAM KARACHI/P GULF455 words
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Advertisement179 1984-07-09 21 Agent-, SINIIAPORf Pll P KFI ANC Sfl ATSN Afif NCY Kl SUA lAN AGfNf.T PI NANG If AN BfF CO 111 ??iBm 111 3880% {888S<? Tfl ??1889 11l 184S SL WOOD LINE SOUTH AFRICA SERVICE RX STORE H REU9ON DURBAN CION NKOSNSA-3* SM SM SM SM SM SU RMMLLE SA-4*179 words
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Advertisement629 1984-07-09 21 r BEN LINE CONTAINERS EXPRESS CORTMO SERVICE TO/FRO* EUROPE UR HAM BFMVtN ROAM HAVH J/J VI VI 7/1 VI Vt 11/ l 11/1 14/1 U/l 11/1 1»/« a/I 21/1 a/i a/i 27/ i a/4 m/i w W w l/l ,11 l n 11/1 u/» >V» ivi a/4 a/i a/» n/»629 words
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Advertisement573 1984-07-09 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF Service Fii Container Vessel fro* V**- K«6« Kae S port TjPnte 11/7 14/7 IC/7 20/7 K/7 27/7 EXPRESS SEKfI-CONTAMER SERVICE TO ALkl STOK Pinwim TUURY/miK/ ANTWERP ADAM LONDON NKMEN BAABUUANV7W hPt 13/7 4/1 C/t 1/1 i|/| BONTMSVIIB 17/7 31/7 5/« 2/1 IK Ml ACCE7TM6 BOTH573 words
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Advertisement385 1984-07-09 21 *8® BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION S'porc Poon V 73 11/13 July Pinyo V 74 16/19 July Htoneywo V 194 Pogon V 75 2/5 Aug Loadnf for Ranfoon P.KeJong Penong 17/18 July \> BANK LINE EXPRESS DEPENDENT SERVICE TO UK/CONT CLYDEBANK FORTHBANK Spoke r'dam hull hmbg 16385 words
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Page 22 Advertisements
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Advertisement1073 1984-07-09 22 1 KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (laelWiag DESTINATIONS INLAND via IPI MICROBRIDGE MINILAND BRIDGE) FEEDER/ KOREAN JACEJM V 24 ASIA SIM ¥25 MONTE RUBY ¥19 JOHORE HME V 33 HK CONTAfO V4OE KANSAJ PIONEER *35 MOTHER VESSEL PI ANT* V 3 PIANTM V 3 AMERICA MARU ¥25281,073 words
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Advertisement256 1984-07-09 22 I OSAKA HMU V.SIICF 12/7 HAYAKARM HAM V.C2ISF 27/7 Ctwß Pflh E.LM VA MORGENSTER VOB3Q 15/6 10/6 U VAAL miJS 1/7 30/6 JAROK SMPfMG MENCCS (Rof. 242*64/ 00K) 70 SHINTON WAY #044)3 MAAMA HOUSE SBKAPORE 0207 UL *****11 TELE* M 0 RS ***** CfS OFFICE IPC #*****9 T«t *****31 t*256 words
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Advertisement537 1984-07-09 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAMIR/REEFER/BULK SERVICE lM*( tar lOS MRUS, SAM FRANCISCO JUTTU TACOMA VANCOUVER I.C Accent Fa/Fa CMUmti IN I/lA^ AUSTRALIA EXPRESS CONTAINER SERVICE Fa/Fa CwA—ii •AN. iccaptoif kwm Pita, tar Aact/Rrf/lftt r rpM m+ sr* Ak. K c«k S-T «5 SBC WB«A HUM j/10 24 fc* 30537 words
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Advertisement401 1984-07-09 22 SANKO ASIA LINK. FROM JAPANESE PORTS AND HONGKONG US GOLDEN LINE COAN WAN SMPfMC(fTE)IIt '•■I h«W M M Cad >M murm dm tat zntm <it uoi tat m Imp* am. rum ami. Peaa* XSUt Hm tada* Ifeat OKNI UOTC IRWHID «37l STRAITS/PERSIAN SULf SERVICE: Sp GOUEH OTY Karacfc Datet/DaiaaM/Kaawt 12/14401 words
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Advertisement416 1984-07-09 22 INTRASEA (PTE) LTD lO Anson R mcl =27 16 1 P i/ f S.n M por(. !)?()7 Tel 1 If s O BREfIKBULK SERVICE TO EUROPE/UK FORT NELSON 8M4907 S'mn P K4nc Lm*« tar M/ 7 14/7 SETE/ROTT/ART/yjl. 0 ALP AC LINE SSr Ki S pore P Ketone Lm*« tar416 words
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Page 23 Advertisements
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Advertisement499 1984-07-09 23 ■NOt NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): N CRYSTAL IW+... MAETERLMCK 2W K CHANCE IIW K JACEJM 25N TW BRBGE 21W. 0 CHEF 40W Aiso accepting cargo to/trom Scandinavia N CRYSTAL S'pore Closing Times: FCL Cargo 0100 12/7 LCL Cargo 1300 11/7 FROM EUROPE (VIA SUEZ) TO AND499 words
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Advertisement445 1984-07-09 23 EUNG-A SHIPPIN Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK KEELUNG. BUSAN. INCHON Hi I Oman 4ttN |«/7 I lita WJS 17/? Hi »Dm 403N M/ 7 lb i Datum 4(hM 2/1 H» I Ommi *0M l/l 7 Dwum 40CN 17/1 NtPIIINf AGINCKS PIT ITD Ifl 7/199/7 ?/KS4}4 'Bootmtsi *****10445 words
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Advertisement579 1984-07-09 23 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Unts) Cable Address SMSOV SINGAPORE Telex Nunben RS ***** RS ***** RS 2510S P KELAH6 H/S SHARKAT NAM SOON SOU MB IST AND 2ND FLOOR. NO 1. JALAN CEMPEMNG PORT KLANG. MALAYSIA579 words
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Advertisement68 1984-07-09 23 ahrenkiel liner service gmbh DURBAN JOHANNESBURG.MAPUTO MAURITIUS REUNION SAMAT 12AW/84 PT LOUIS DURBAN 16/8/84 ■9!(n!K!IIJRB etd ETO ETA E•hrlrriauai r.bay durban sin EASTERN HARMONY 6E/84 15/6 22/6 11/7 Agents: Kim Shipping Trading Pte Ltd 63 Market Street. *06-06 Tat Lee Btdg S pore 0104 Telex RS ***** KIMTRA. Tel: *****868 words
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Page 24 Advertisements
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Advertisement421 1984-07-09 24 f JtfflMMial Container Lim-.O rl r i|, I 3 Sailings Weekly II \»1 "III! Rpni Piinrtnal Reliable Regular Punctual Berthing PSA 1500 Hrs_Tues, Thurs Sat REGULAR FEEDER SERVICE TO PHUKET/SONGKLA 183/184 11/12 M IS/KM 11/19 JM 115/ IK 25-28 M 31/1 A« HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER421 words
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Page 25 Advertisements
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Advertisement134 1984-07-09 25 BRAVAS LINE SIN(,*POW TAISIN SHIPPING Plf I ID rt"rirt If,id** Centrf 1 M.intimp Sqiurp I,' 18 Smg.ipnrp 0409 111 RS f '481 (pi 8 till M<.' MMIVmI HSH Mi Sit'i Bhrt KI (pi 48t>08i 4860?/ PI Mi (pi JBh4% Hi 19;lb LUCKY SEAWAY SERVICES PTE. LTD. 89 Short St.ft t134 words
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Advertisement666 1984-07-09 25 CONCORD LINES 7aVaTiTi**l n» no LQMMC FOR C MGQ 25/7 21/7 IPO—>l IKSXL 23/7 25/7 (Act*** 2M tetakn) (Flwai ft*. Ha Hw«) S*pct ti Mmml CONCORD MARINE PTE LTD TEL: *****60 (3 Linn) TLX: R*****3 CMSHP <> T* *****23 *****30 *****07, f/7 Smhaya. lit Mia Fotnat wmm nt lib U666 words
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Page 26 Advertisements
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Advertisement96 1984-07-09 26 KOREA TONGHAE SHIPPING COMPANY !>t. i r[j; r,,t. ,r U V«$«l ETA SINGAPORE Loodmg for WANG JAE SAN 21/7 MADRAS, CHALNA YON PUNG HO 25/7 DPR. OF KOREA BE GAE BONG 30/7 MEDITERRANEAN KANGDONG 3/8 FREE FOR CHARTER Gonoral Agent > cMifo mm co. ptllto. 20 Patoraon Road, #08-20, S'pora96 words
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Advertisement527 1984-07-09 26 ml FREIGHT MAHACEMENT UK/CONTfCNT li/i.nn.nn. «/i CANADA/U.S.A. wi.nn.nn NEW ZEALAND 11/7. U/7. 27/7 FAR EAST U/7. 22/7. M/ 7 WTW. tOTTBBML NEST t EAST COAST I GULF MKXUM) KUMCTON ittoton. mm honc konc, inner or TMMR, MfM A CHMA CtSncoMf FREIGHT SYSTEM, JAPAN SE2 S JSIi! 5 iJ M,6n 1115527 words
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Advertisement556 1984-07-09 26 if Everett Lines COMPANM PERUANA Dt VAPOREES (C.P.V.) "PERUVIAN STATE LINE" Loj*"C tw Cjtoo Mat*** *o and olfctf fnumc ports wit* trjnshipnwnt at Honfkoof Md/w Hot* 0* CPV Ihroujti Bits of la*H| ta tmai destination HANOI OEVERETT owverett brrhavevect P. tianj ftippm 13/15 My 16/17 My 15/17 My 11/19 My556 words
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Advertisement620 1984-07-09 26 NON-COWEKNCE KOOOOfT FULL carfeei to USA East ft Nest Coast f» mw s* A MSSEL mm TOM IM A WSSI ZM m TOM IS M VESSEI at GENOA 23 M 1 KSSEL Ot MONTREAL 31 M *Sffl Ol MONTREAL 7 AM m KM MA* 1 KSSEL 2M KM 23 Ami620 words
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Page 26 Miscellaneous
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Miscellaneous170 1984-07-09 26 W. Weather SI 1 i V met 7 a h "■•z A i s 1 »«9^/ 1» LLIK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c/>< Wind direction with speed in knots Wove height LEGEND: R Thunderstorm Temperature c n Shower Weather Wind direction with speed in170 words
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