The Business Times, 7 August 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, AUGUST 7,1184 60 CENTS
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  • 286 1 PEOPLE were the main reason Singapore had prospered beyond what would have been thought possible 25 years ago, Dr Goh Keng Swee said last night. "Singaporeans are a diligent and honest people. Given the opportunity to learn, they will improve themselves,"
    286 words
  • 360 1  -  Problems of developing countries made worse, says World Bank group By AMY BALAN THE World Bank's South-East Asian group has criticised the monetary, fiscal and trade policies of major industrialised countries for aggravating the problems of developing countries. Particular mention was made of the
    360 words
  • 406 1  -  By CHUANG PECK MING FURNITURE sales will pick up this month and hit a new high by the end of the year. "Right now, supply is higher than demand," Mr CS Lim, the president of the Singapore Furniture Manufacturers and Traders Association, told BT.
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  • 179 1 AFP A TOTAL of 119 foreign companies set up shop in Hongkong in the first half of this year, Registrar-General Noel Gleeson said yesterday. In the same period, only 37 companies disappeared from the registry. There were now 1,954 foreign companies registered in
    AFP  -  179 words
  • 223 1 AP BRITAIN'S Appeal Court, in a major victory for Prime Minister Margaret Thatcher, yesterday ruled that her ban on labour unions at the country's top-secret intelligence-gathering centre was lawful. The appeal court said the courts were not entitled to interfere in matters
    AP  -  223 words
  • 111 1 Reuter IRAQ'S blockade of Iran's Kharg Island oil terminal will be stepped up, Iraq's First Deputy Prime Minister Taha Yassin Ramadan said yesterday. He told a news conference, called to announce agreement on a second Turkey-Iraq oil pipeline: "Shortly, the blockade will be in a
    Reuter  -  111 words
  • 307 1  -  By LEE HAN SHIH GEC HAS invested $750,000 in Singapore to ensure that its new computer system will use English at work. Although it is not able to speak impeccable Queen's English nor make polite inquiries about the weather, nevertheless, the
    307 words
  • 108 1 AP THE SOVIET Union yesterday announced it will test rocket carriers in the Pacific Ocean from tomorrow through Aug 18 and warned ships and aircraft to stay away. The official news agency Tass said that the tests would be conducted within a radius of
    AP  -  108 words
  • 445 1  -  By AMY CHEOK THE SINGAPORE stockmarket exploded yesterday as share prices continued to soar across the board on yet another record volume of 39.64 million units. Major local market indices scored their best-ever daily gains. Brokers and analysts said yesterday's surge was
    445 words
  • Page 1 Advertisements
    • 140 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM BLAUPUNKT All the w<)y better sm*. BLAUPUNKT SBCTeXt *u*r ln*0«IU from WM Qermeny, Btaupunkt Superior Quality ensures that viewers get excellent reception for SBC Text with the built-in Teletext decoder equipped to transmit vital information instantly. Btaupunkt Teletext Colour TV is the beat Teletext
      140 words
    • 273 1 China lands support to HK textile industry...Back Paga wm SHARE INFORMATION 13 RAW MATERIALS 12 MONEY EXCHANGES 7 THE difference between a doughnut and a fried chicken drumstick is more than physical. How each tastes depends almost entirely on how it is fried and what it is fried in. Page
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    • 4 1 Mubarak acta, Back Paga
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    • 35 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM sm I-' i T m\l,4 n i% j QsaMk look/S will alwaui ha noticed. Rodenstoch Quality before yxxireyes H So*e fc* S*>gac>o»e 4 Motawa sin kwinc OfncN. pte. Ltd.
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  • HOME NEWS
    • 587 2  -  By MONICA GWEE THE DIFFERENCE between a doughnut and a fried chicken drumstick is more than physical. How each tastes depends almost entirely on how it is fried and what it is fried in. "The choice of any frying system is
      587 words
    • 442 2  -  By JOANNE YAP RESERVIST soldiers holding senior posts have asked the Ministry of Defence for more authority to carry out their duties during in-camp training. At a recently held forum on total defence attended by Dr Yeo Ning Hong, Communications Minister
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    • 130 2 THE SINGAPORE Armed Forces is conducting military exercises in the Lim Chu Kang, Hong Kah, Marsiling, Mandai, Tampines, Pulau Übin, Bah Soon Pah, Wing Loong, Loyang and Ulu Sembawang areas. The exercises, which started yesterday, will continue until tomorrow and will restart on Friday before ending on
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    • TRADE TALK
      • 83 2 of advanced information management products will be demonstrated by major international companies at Infomatics '84, to be held in Singapore from Oct 2 to 4. Thirty-two companies from countries around the world will exhibit micrographics and information management products. Educational sessions covering a wide variety of topics
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      • 69 2 Singa- pore has introduced special cards to help guests communicate more effectively with taxi-drivers. Printed in English and Mandarin, one side of the card says: "Please drive me to Hotel Meridien Singapore". The address and telephone number of the hotel are given. The other side says: "Please drive
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      • 59 2 Singapore, an advertising agency, has been appointed to handle Hyatt Regency Singapore in its expansion programme. The Regency Terrace, a 350-room extension, is scheduled for opening in early 1965. Working on the Hyatt will be account director William Timmermann and account manager Jane Seet, both of whom
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    • 297 2 Seminars and courses DURATION TITLE VENUE ORGANISER July 31 Aug 1 Aug 1-2 Aug 1-7 Aug 2 Aug 2-5 Aug 2/3 1 Air Quolity Monitoring Control Administering Your Own Business Manpower Management In A Changing Environment Applications Interfacing Designing For Wind Loading On Buildings Structures Advertising Agency Skids Making
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    • 250 2 FREDERICK P HUFF has been posted to Arthur Andersen Associate's, Singapore office, as a senior manager. Mr Huff will specialise in the design and implementation of large scale computer systems applications. Prior to coming to Singapore, he completed a fouryear assignment with Arthur Andersen in Japan. CHRISTOPHER
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    • 531 3 STIFF competition overseas and rapid growth in the local market for orchids and plants have led Multico-Orchids (S), which took part in the recent sth Asean Orchid Show at the World Trade Centre, to diversi- fy and step up its sales in Singapore. The
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    • 239 3 THE INFORMATION revolution «lias made available a wide range of opportunities. As the »future is now dependent on 'brainpower and creativity, •opportunities must exist equally for both men and women. Mr Barry Miller, managing director of Delairco (S) Pte Ltd, traced changes in society
      239 words
    • 65 3 SINGAPORE Petroleum Company (SPC) has access to one-third of the 170,000 barrels-a-day capacity in the Singapore Refining Company, a consortium in which the company has a stake. The 2,000 barrels-a-day figure cited in a BT report on Aug 4 should have referred to gasoline and
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    • 253 3 THE CONCEPT of a furniture common market in the AsiaPacific region came under attack yesterday. The chairman of the Association of Furniture Industries of Asia Pacific (AFIAP), Mr WL Jackson, said: "Everyone must know that this stated objective (of having a common market)
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    • 138 3 AN OPPOSITION party leader will address a closed door forum at the National University of Singapore this evening. Mr Chiam See Tong, secretary general of the Singapore Democratic Party, told BT that his talk will focus on such issues as non-constituency Members
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    • 146 3 A GROUP of junior high school pupils will be making a 12-day study tour of Singapore under the auspices of the International Youth Association of Japan. Led by Miss Yoko Amari and Miss Shigemi Ishida, the group, comprising eight boys and 15 girls of
      146 words
    • 120 3 EMPLOYEES of the Marco Polo Hotel will not have their take-home pay cut in spite of the 2 per cent increase in employee Central Provident Fund (CPF) contributions. The hotel management has agreed that bargainable employees will get 527 more under this
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    • 94 3 niJht on »h«- if*"!! pr p J® ,c, w ,nto Bjn fl«por« by British Airways last r?m-J tklw ,ro 7 l Lon^ on aft r participating in tha 7th World Whaalchair I'Jt «Lm games, ranging from rifle-.hooting, archary, track and
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    • 436 3  -  By GRACE YU A LEADING US manufacturer of streaming cartridge tape drives is investing $5 million here to produce $120 million worth of products a year. The drives operate streaming cartridge tapes (or streamers) which serve as secondary storage back-up devices for
      436 words
    • 200 3 THE CORRUPT Practices Investigation Bureau (CPIB) has moved from Stamford Road to the new Hill Street Centre. The CPIB is now on the sixth floor of the building, which is between the old Hill Street Police Station building and the Central Fire Station. The
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  • Page 2 Advertisements
    • 202 2 J W 4 1 I U Conqueror paper speaks louder tnan words One look at your Company's annual report printed on Conqueror paper tells your shareholders and clients a lot. It speaks more highly of your Company's prestigious image than any glowing words could describe. When it comes to quality
      202 words

  • Page 3 Advertisements
    • 217 3 VERY SPECIAL PRICES FDR UNIT 04, BLOCK 1 9 I UNIT 02, BLOCK 2 1 I FtomSs26opsfupwarcls. Es if Live in magnificent style at prices now more affordable than before! Comprising 27 storeys of stunning apartments in two beautiful tower blocks, Amber Park commands really panoramic views of the East
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  • OVERSEAS
    • 335 4 NYT BUOYANT economic expansion in the US continued to lift corporate profits in the second quarter, but earnings growth slowed from the vigorous level of recent quartĕrs, partly because of intense competition and high interest rates. Economists said that the results
      NYT  -  335 words
    • 91 4 AP AUSTRALIA should allow more skilled immigrants and business executives from Hongkong before China resumed control of the British colony, the opposition Liberal Party said on Sunday. The party criticised the government for not moving to attract more skilled immigrants and people with businesses to help develop
      AP  -  91 words
    • 183 4 AP INDONESIAN Oil Minister Sobruto was quoted on Sunday as saying richer members of the Organisation of Petroleum Exporting Countries (Opec) were being urged to lower their production levels so as to help stabilise the world oil market. Mr Sobruto did not identify
      AP  -  183 words
    • 81 4 UPI THE OPTIMIST sees Ike sleek girt; the pessimist sees the sll slick. Bat far the Iweald-be bathers whs tuned op at Galvestea Islaad, Texas, last weekend, as amount of optimism coald induce them to go into the waters. IV beaches, whieh aormally attract a crowd
      UPI  -  81 words
    • 237 4 Reuter PRIME MINISTER Indira Gandhi yesterday emphatically denied that she had spoken of links between Washington and Sikh separatists, defusing a looming diplomatic row between India and the US. Nearly all Indian newspapers yesterday published reports quoting Mrs Gandhi as saying a "Washington-based
      Reuter  -  237 words
    • 86 4 UPI BRITAIN'S coal strike entered its 22nd week yesterday with 13 more people arrested at a picket-line confrontation and several unions reportedly planning a "big bang" job action to force a government compromise with the miners. Police arrested 13 people when 1,000 striking miners
      UPI  -  86 words
    • 165 4 Reuter THE JAPANESE government yesterday allowed the country's video tape recorder (VTR) makers to reduce slightly the price of VTRs bound for European markets. A Trade Ministry official said companies like Hitachi, Matsushita and Sony could drop the yen price of their models by 5,000
      Reuter  -  165 words
    • 774 4 ARRIVALS Operator Service number Local time From PAA CAL GIA MAS GIA MAS MAS MAS RBA SIA CPA GIA SIA PA5 CI009 GA7I02 MH68I GA7302 MH601 MH67I MH8I1 BI42I SQ103 CX7I0 GA960 SQ105 0Q20 0040 0550 0820 0850 0905 0935 0940 1000 1005 1035 1100 1105 JFK/SFO/HKG
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    • 212 5 AP INDIA has concluded a multimillion dollar deal with the Soviet Union to purchase top-of-the-line MiG-29 Fulcrum fighter jets just recently put into use in the Soviet air force, a government source said on Sunday. The deal makes India the only nation
      AP  -  212 words
    • 195 5 UPI REPORTS that Pakistan is close to acquiring the capability for nuclear weapons have prompted a move in the US Congress to block further US aid unless Pakistan certifies its programme is aimed at energy and not bombs. "The Pakistanis have been pursuing nuclear weapons
      UPI  -  195 words
    • 450 5 AP CHINA welcomes North Korea's improved relations with the Soviet bloc, Premier Zhao Ztyang told North Korean counterpart Kang Song San during three hours of talks on Sunday that a Foreign Ministry spokesman called "intimate and sincere". Mr Kang, who arrived on Sunday
      AP  -  450 words
    • 165 5 Reuter, AFP THE SOVIET Union has renewed its attacks on China's economic modernisation drive, in a sign of continued disgruntlement over US President Reagan's trip to Beijing last spring. In a commentary on the development of the Chinese economy, the Communist Party newspaper, Pravda, said although
      Reuter,; AFP  -  165 words
    • 257 5 AP ISRAEL'S Trade Minister told the Cabinet on Sunday he hoped an agreement to establish a free trade zone with the US would be signed next month, a Cabinet official said. Minister Gideon Patt said progress had been made in the trade
      AP  -  257 words
    • WORLD IN BRIEF
      • 65 5 THE Shell International Oil Co denied receiving secret bonus payments for supplying oil to South Africa and said it had never breached producing countries' restrictions on where it sells their oil. The company issued the denial in response to a British newspaper report suggesting that it received almost
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      • 59 5 POLICE investigated reports that millions of dollars worth of Rolls-Royce naval engine parts have been stolen and smuggled out of Britain, destined for Iran and Argentina. The Sunday Telegraph newspaper also reported alleged widespread corruption at the state-owned manufacturer of aircraft and naval power plants, claiming employees have
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      • 59 5 THE Afghan resistance is "very disappointed" that Western countries, particularly the US, have not offered it more aid, one of the main rebel leaders in Kabul said in the latest edition of Time magazine. "America has not responded as it should as a superpower, as a country that loves
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      • 69 5 IRANIAN Prime Minister Hussein Musavi's Cabinet won the confidence of the Majlis (Islamic parliament) on Sunday by a 163-21 vote and 25 abstentions, the official Iranian news agency Irna reported. Mr Musavi had asked for a vote of confidence a month ago on the basis of the past
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      • 74 5 A US general visiting Malaysia expressed concern on Sunday over the recent build-up of Vietnam's Cam Ranh military base as a Soviet bastion and the stationing of Soviet "badger" long-range bombers there. Gen Jerome O'Malley, the commander-in-chief of the Pacific Air Force of the US, said that the
        74 words
      • 60 5 THAI police arrested writer and social critic Sulak Sivaraksa on Sunday on charges of writing comments detrimental to Thailand's constitutional monarchy. An officer of the Police Special Branch said yesterday that the charge of lese majeste was being pressed because Mr Sulak allegedly wrote in a booklet comments
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      • 63 5 Agencies LIBYAN leader Muammer Gaddafi warned yesterday that he would take steps to "destroy immediately" a new middle class, hostile to the ideals of his regime, which was emerging in Libya as it had in many socialist countries. To help wipe out the "neo-bourgeoisie," he said, Libya's towns
        Agencies  -  63 words
    • 89 5 Reuter THE AMERICAN economy continued to grow in July but displayed signs that this growth is slowing, the US National Association of Purchasing Management said in its latest monthly report. The purchasing managers' composite index fell to 56.4 per cent last month from 58.7 per cent
      Reuter  -  89 words
    • 316 5 Reuter HIROSHIMA yesterday observed the 39th anniversary of the day it was devastated by a US atomic bomb with warnings that the superpowers were pushing the world towards a new nuclear conflict. More than 40,000 people gathered in the city's Peace Park
      Reuter  -  316 words
    • 412 5 UPI PRESIDENT Reagan has been urged to defer a shipment of Plutonium oxide, including enough weapon-grade material for 30 nuclear bombs, to Japan for a breeder reactor project. Democratic Representative Richard Ottinger of New York said that he, nine other US House of Representatives members
      UPI  -  412 words
    • 420 5 UPI DELEGATES from some 140 countries assembled in Mexico City for the opening of the UN World Population Conference yesterday, already stirred by a controversial US stance to deny aid to organisations that promote or fund abortion. Organisers of the first
      UPI  -  420 words
  • Page 4 Advertisements
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      259 words
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  • Page 5 Advertisements

  • THE XXIII OLYMPIAD
    • 624 6 NYT WHEN the Olympic swimming competition ended on Saturday night, two conclusions were obvious. First, the US won far more gold medals and total medals than any other nation. And second, that domination would not have been the same had all the Soviet-bloc
      NYT  -  624 words
    • 506 6 AFP EDWIN MOSES of the US won his second Olympic championship on Sunday. The smoothstriding Moses, the 1976 gold medallist, world record-holder and world champion, overcame a false start to post his 105 th consecutive victory, including 90 in finals, in the men's
      AFP; UPI photo  -  506 words
    • 711 6 NYT FIRST there were gasps, then there were cheers and later there were questions, hard questions. The first women's Olympic marathon was turning into a controversy over an issue that could have been a matter of life and death. The gasps began after Joan Benoit loped
      NYT; UPI photo  -  711 words
    • 404 6 AP RUMANIAN sensation Ecaterina Szabo captured three gold medals on Sunday while Americans Julian ne McNamara, Kathy Johnson and Mary Lou Retton added a gold, two silver and three bronze. On the final night of the gymnastics tournament, the 17-year-old Szabo won
      AP  -  404 words
    • 280 6 AFP, AP THE AMERICAN dream of collecting all the gold medals in the Olympic boxing tournament proved to be just that a dream. The over-confident Americans, who were beginning to believe they really were invincible, were brought back to reality by 22 year-old South Korean bantamweight
      AFP,; AP; UPI photo  -  280 words
    • 333 6 Reuter MARK TODD, New Zealand dairy fanner toned Olympic geld medallist, is assured ef a brilliant fata rr la equestrianism if he eaa keep his horse. The tall, haadseme 28-year-eid, whose upright hearing is mere that ef a country squire than a rural herdsmaa, rede Charisma
      Reuter  -  333 words
  • Page 6 Advertisements
    • 111 6 V 1 Singapore energy' Now it's right in the heart SPC opens its second I service station. At Golden Shoe Car Park, Market m. MI II Ifr™ Street. So now ifs easy for S everyone to try SPC Petrol and Motor Oils from the only Singapore-based %V■ international oil company.
      111 words
    • 24 6 □lETHELM Furniture that has no equal '90 Oarrwncaau «■*<** »04 02 S-ngmxn Sfflcong Cmrttt 0923 HOUMTX*) turn*** l» J36 2006 0"M lurnnun V- 336 2006
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  • BANKING AND FINANCE
    • 330 7 Reuter THE PAYMENT of interest owed by debtor countries is of prime importance for an orderly resolution of the international debt crisis, said Commerzbank's managing board chairman Walter Seipp in Frankfurt last week. The main goal of debt restructuring is the re-establish-ment
      Reuter  -  330 words
    • 128 7 Reuter BARCLAYS Bank PLC domestic general manager John Quinton says UK bank base rates may remain at 12 per cent into the autumn but fall by the end of the year. He says the bank is broadly satisfied with its mechanism for changing
      Reuter  -  128 words
    • 429 7 Reuter THE BOOM in the US bond market would be put to the test this week when the Treasury auctions U5516.75 billion of notes and bonds against the background of a steadily rising federal funds rate, economists said. Prices of long-term
      Reuter  -  429 words
    • 257 7 THE DOLLAR is strong, it has been strong and it generally is expected to remain strong says Irving Trust Co Singapore. Generally a strong dollar is good if we take "strong" to mean a dollar that does not fall in value. However, it isn't
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  • MONEY AND EXCHANGES
    • 534 7 SINGAPORE: THE US dollar recovered against most major currencies yesterday in fairly active late trading to close higher than New York's Friday levels. The dollar closed firmer at 2.8635/ 45 marks compared with New York's Friday 2.8595/8610 close. Sterling closed weaker at U551.3265/75 against New York's Friday 1.3290/3300
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    • 236 7 Interbank rates at 3pm QWOtOd )f®it#rdij| 1 iroM parity ch*ng« Locol dollars to on* unit of foreign currency US dolor 2.1410 2.1420 2.8196 -2407 Sterling pound 2 8496 2 8531 7 3469 -61.21 Australian dollar 1 8102 1 8132 3 4286 -47 20 NZ dollar 1 0737 1
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    • 322 7 SINGAPORE Futures were firmer yesterday, in line with higher overseas advices but closed below the day's high on some late profit-taking. Trading was fairly active throughout the day with interest centred only on December contract, which reported a turnover of 840 lots. December closed higher at U*****.10 an ounce
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    • 66 7 THE OVERNIGHT rate eased by nearly 1 per cent to close at 83/16 on the Singapore interbank money market yesterday. One. two and threemonth funds also eased to 8 3/16 per cent each. S$ interbonk rates at 3pm yesterday Offer Bid Overrxght 8 3/16 8 1/8 1-month 8
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    • Article, Illustration
      372 7 Asian rates ASIAN dollar deposit rates closed steady yesterday at opening levels in quiet afternoon trading. Period rates weakened between 1/16 and 1/8 point at the outset following news of an unexpected 0.4 per cent rise in US July unemployment. Thereafter, rates remained unchanged with one, three and six months
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  • Page 7 Advertisements
    • 116 7 South East Asia's high-tech electronics industry goes shopping at mTEßnepcon semiconDuaoß mTEßnoTionflL REPUBLIC OF SINGAPORE 16 18 August, 1984eWorld Trade Centre Hall 2, Singapore i 'mm m in* i si N r < m m m •A f m 11 I:xi i.nr. :i> i mi:r■■ciii-. tmc^w-. 117 IT mm i.ii
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    • 19 7 X(l AT ITS BEST COO MAC CAMUS XO f /It M I AMUS XO CCXJN^C a CAMUS XO (<X.V\(
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  • FEATURES
    • 482 8 IN AN UNUSUAL incident of word association, "ape" reminded someone of "taxes". A taxpayer had read in the newspapers that two orang utans at the zoo were each entitled to an annual upkeep of $4,000 and that the sum will soon be raised to $5,000. He
      482 words
    • 885 8  -  BORROWING SPREE TO MODERNISE LATIN AMERICA GRINDS TO A HALT By EDUARDO GALLARDO AP THE BORROWING spree launched a decade ago to modernise Latin America with billions of petrodollars has come to a painful halt with the largest projects unfulfilled and much of the money
      AP  -  885 words
    • 616 8  -  By WILLIAM STEVENS NYT THE 27-YEAR-OLD daughter-in-law of Prime Minister Indira Gandhi is preparing to challenge her brother-in-law for his seat in Parliament, and many in New Delhi think that much of India's political future may turn on the outcome. Maneka Gandhi, the widow
      NYT  -  616 words
    • 1669 9  -  Western industrialised countries have agreed on a new set of controls over the sale of electronic equipment to the Soviet bloc countries. This agreement on more stringent rules governing the sale of sensitive high technology items to the communist states is expected to save the industrialised
      FT  -  1,669 words
  • Page 8 Advertisements
    • 183 8 Probably the most useful tool for today's management Anyone in management should consider it his serious business to read Not For Bread Alone. This book by Konosuke Matsushita, contains his observations and insights over the years, and is testimony to the quality of experience that has helped make Mr Matsushita
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  • Page 8 Miscellaneous
    • 1131 8 to \mt® HIGHLIGHT CHRONICLE ORPHEUS AND THE GENTLEMAN FARMER B.oopm Channel 12 In AD 360, a Roman gentleman farmer commissioned a mosioc depicting Orpheus and the four seasons. The mosaic was discovered in 1977 at Littlecote in southern England. Since 1978, six archaeologists have been excavating the Roman villa complex.
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  • Page 9 Advertisements
    • 148 9 Housewives Going beck to work? Regein your typing speed the Sight Sound Way ATT SECJ9ETAJUUS *****22 Where service still lingers on 1 Jalanßumtxa Oxleyß.se Singapore 0923 Tel *****66 Ownrng Company Hi To the strains of the sitar and our exotic cuisine, you will soon drift to India. We don't blame
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  • Page 9 Miscellaneous
    • 682 9 CRYPTIC PUZZLE ACROSS 3 I shot into the lift! (5) 8 A beginner needs two tries as a writer (5) 10 Person like mother in a barbarian's embrace (5) 11 Rocky piece of furniture? (3) 12 Value of a piece of writing by me (5) 13 The fighting man is
      682 words
    • 37 9 BliStcW litenkDutes IN -"Tfcfv/s emPTy fnnd sor r ve J oNe eLSe FiurJ& PODGC PfT P\ mGenNG Tmg_ Tep* LP*Dy spoiling J PUotiC COT of oRDeR SO IT RiNGS Ree. p> feui or favour <a II t.
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  • INTERNATIONAL COMPANY NEWS
    • 929 10 Acquisition lays foundation for worldwide stockbroking FT CITICORP'S acquisition of Vickers da Costa, which has now cleared the hurdle of Japanese government approval, strikes another blow at the barrier between stockbroking and banking. It should lay the foundation for the worldwide stockbroking business
      FT  -  929 words
    • 260 10 Reuter INTERNATIONAL Business Machine's anti-competition settlement with the European Economic Community has allowed the world's largest computer company to do exactly what it has been doing all along, according to industry observers. Thomas Crotty, a computer analyst with the consulting
      Reuter  -  260 words
    • 825 10 FT SHORTLY before the final bell last Friday on the New York Stock Exchange, John J Phelan Jr. the exchange's chairman and chief executive, was asked if the stock market might extend its hours to accommodate more trading. "We're going
      FT  -  825 words
  • Page 10 Advertisements
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      136 words
    • 50 10 SB A m m iiMS ss <* The 24-hour coffee house that offers you a superb menu from Western and local dishes to nightly Satay and seafood barbeque. Nonya Buffet Lunch also available every Thursday. Ample free parking at all times. v j." I 214 Duneam Road. Singapore 1129 "&H
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    • 116 10 I Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/ CHINESE/ LOCAL CUISINE Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At 16/- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your dancing pleasure.
      116 words
    • 138 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?own •FWNtZHom ConOnulnQ the htm NoM MWtcc
      138 words

  • ASIAN STOCKS
    • 309 11 HONGKONG: The Hang Seng Index ended 8.87 points higher yesterday at 903.47 to close above the psychologically-important 900 mark for the first time since June 29. Among the leaders, Cheung Kong rose 10 cents to HK$B.l5, China Light 40 to $12.40, HK Wharf five to $3.40, Hutchison Whampoa 20
      309 words
    • 242 11 AUG 06 NT 7 80 ■f 0.05 Cham Indus Uan Hwo Indus 22 80 14 10 32 40 +0 1 0 3 07 26 00 0 2 29 10 0 3 Cathay Cora Chang Hwo Bank Chan Loooj Chao Hun Camant 30 90 58.00 25.40 0 7 -05 1
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    • 334 11 TOKYO: Share prices closed higher yesterday after continuing last week's rally, but trading was light as investors awaited post week-end Wall Street market guidance. The market average rose 45.97 to close at 10,431.09 after gaining 151.51 on Saturday, with 230 million shares traded against 250 million in Saturday's half-day.
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    • 63 11 Aug 6 Bonk Seoul Won 675 -3 Hyundot Corp Myundoi Motor KAL 990 676 503 730 60 24 18 2 659 1309 119 685 423 -2 606 •12 825 1 504 698 37 635 1015 14 660 -1 1245 111 GoW Stor Ham Bk 820 736 15 -*-5 Siangyong
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    • 122 11 AP SHARP Corp, a major Japanese electronic appliance manufacturer, has signed a cob tract with China to prodace its calculators there, the Nlhen Keisal Shim ban said. This marks the third and most ambitious eatry late eleetrMle calculator productioa la China by a Japanese
      AP  -  122 words
    • 216 11 AFP THE LEADING Japanese zipper-maker, YKK, is investing HKJ3OO million for a new plant to cope with demand in Hongkong and China, according to a company official. Chan Wu-Ching, general affairs manager of YKK Zipper Co (HK), says the 20-storey plant with a total floor
      AFP  -  216 words
    • 179 11 AP MAZDA Motor Corp, Japan's third-largest car maker, has picked South Carolina fen* the site of its first car plant in the US, says Japan's Kyodo News Service. Quoting unidentified sources, Kyodo said Mazda's plant would be in the neighbourhood of Greenville and Spartanburg in
      AP  -  179 words
    • 141 11 BANGKOK: Share prices closed mixed yesterday in quiet trading centred on finance issues. The Book Club index dropped 0.17 to 118.56 as volume rose to 1.2 million shares worth 177.6 million baht from Friday's 773,281 shares worth 100.8 million. AUG 06 iom City C»m«nt 390 A ok horn Tho
      141 words
    • 105 11 MANILA: Share prices closed generally higher yesterday in dull trading due to the continuing tight money situation. The Commercial and Industrial Index was down 1.70 to 117.80 but the Mining Index rose 0.90 to 957.03 and the Oils 0.004 to 0.717. Atlas Con B rose one peso to 26.
      105 words
    • 451 11 SYDNEY: Australian share markets continued to gain yesterday, as buyers sought blue chip stocks, encouraged by bullish signals from abroad. At 1500 AEST, the All Ordinaries Index was 23.7 points higher at 736.6 points, the All Industrials Marker was up 21.6 at 1,034.6 and the All Resources Index added
      451 words
  • Page 11 Advertisements
    • 377 11 WSiere to wi» «Um« aai eaiertolii 1 Happy Hour at Treetops Bar A Spend "Happy Hour" with us at the Treetops Bar and enjoy the third drink on the house. For every drink ordered, complimentary snacks are available. With live entertainment from "The Thunderbirds" and 'The Silver Saddles". Every Monday
      377 words
    • 184 11 Luncheon: 12:00 2:30 Dinner: 7:00 —10:30 Reservations: Tel: 223 3366 The Octagon, sth Storey 105 Cecil Street, Singapore 0106. Pick-up service for luncheon patrons. Ample parking facilities for diners. =6 B HAPPY RESTAURANT can now offer Modestly-priced superb Cantonese dishes. Impeccable service. Nightly entertainment with no cover or corkage charges.
      184 words

  • RAW MATERIALS
    • 498 12 Country's tea production reaches record high of 640 m kg AFP, Reuter INDIA IS TO offer more tea for auction, a move which should bring down current abnormally high prices, Tea Board chairman Jagdish Khattar said in Calcutta yesterday. He said India's tea
      AFP,; Reuter  -  498 words
    • 308 12 UPI THE SOVIET UNION'S unusual summer grain-buying spree continued last week with a purchase of another 900,000 tonnes of American grain 700,000 tonnes of corn and 200,000 tonnes of wheat. The US Agriculture Department reported that latest sales, estimated to be
      UPI  -  308 words
    • 246 12 AFP CUBA IS estimated to have lost US$lOO million in failed attempts to bolster world sugar prices over recent months, commodity traders said in London on Saturday. Losses had also been suffered by several London commodity dealers. Late last year, Cuba, which is barred
      AFP  -  246 words
    • 192 12 Reuter A WELL-BASED recovery in precious metal prices is unlikely with the current combination of strong US economic growth and high US interest rates, Degussa AG said in its July precious metals report. The US budget deficit is incompatible with prolonged and healthy economic growth. But
      Reuter  -  192 words
    • 358 12 AFP, Reuter THE RECENT one million 60-kg bag cut in the International Coffee Organisation's (ICO's) global export quota, and the "possibility of a second cut" 15 market days later may fail to halt the recent slide in coffee prices.
      AFP,; Reuter  -  358 words
    • 290 12 Reuter AUSTRALIAN WHEAT Forecasters Pty Ltd (AWF) raised its forecast of the 1984-85 Australian wheat crop to 16.5 million tonnes from 16 million tonnes a month ago, compared with the record 1983-84 crop of 21.85 million tonnes. The private forecaster's latest prediction is in line
      Reuter  -  290 words
    • 42 12 AFP STEPS should be taken well before the end of the century for a domestic supply of synthetic rubber as a long term strategy, an official of the Malaysian Rubber Research and Development Board has warned the Malaysian government. AFP
      AFP  -  42 words
    • 99 12 THE Straits tin price In Penang yesterday remained at the ITA fleer level ef Ms2t.ls per kg, with tke buffer stock manager again providing most of the sapport. Dealers said he absorbed most of the offering of IK tonnes, np from Friday's 171. Demand from Japanese and local
      99 words
    • 168 12 MALAYSIAN palm oil prices yesterday closed off the day's lows on late covering interest after a lower Chicago soybean complex close last week triggered speculative selling at the opening. August deliveries in the central and south regions fell Mss each to 51,005 and $1,000 a tonne, respectively. September
      168 words
    • 164 12 (In HK$ per bole ot 400 lb) Chino carded yarn, cones Bkie Phoenix 16's 3,450 Blue Phoenix 2Cs 3,550 Blue Phoenix 32'» 3,900 Blue Phoenix 40's 4,350 Carded yarn, hank Blue Phoenix 21 3,600 Combed yarn, cones Blue Phoenix 32's 5,350 Blue Phoenix 40's 5,500 Open-end yarn Blue Phoenix
      164 words
    • 97 12 Reuter SOUTH Korea's Kukje-ICC Corp is negotiating with the West Australian government for a 50 per cent stake in a US$75O-million aluminium smelter in Worsley, West Australian Minerals and Energy Minister David Parker said. Mr Parker, in Seoul for negotiations, said he hoped his
      Reuter  -  97 words
    • 362 12 SINGAPORE The market closed lower yesterday with August One RSS buyers quoted at 187.00 cents per kilo, down 1.25 cents from last Friday. The morning session opened about 1.25 cents lower following easier London advices and lost further ground in subsequent trading on lack of buying support in quiet
      362 words
    • 327 12 R AS prices (■> s cwt»/kii«, fob m boie*) NOON CLOSE Buyers Seller! Buyers lot 1 RSS prompt 184 75 I85 75N 185 25 I86.25N Int 1 RSS Aug 186 50 187 50 187 00 188 00 Int 1 RSS Sep 193.00 193.50 193.50 194 00 Int
      327 words
    • 105 12 (in cents/1 tof i pollers) August September (current ruth) (forward mth) NOON NOON RAS Buyers Selten Buyers Sellen SSR20 188 50 190 50N unq unq SSR 50 186 50 188 SON unq unq MRELB Buyers Sellen Buyers Sellen SMR CV 233 50 235 50N 235 50 237
      105 words
    • 151 12 Chine«« Produce Robusta 20/25% FOB NSW 487,50 Exchange (S*Mm' noon doting p rices on Aug Nutmeg 6. SS/100 kg) 110 FOB NSW 338 00 B W FOB NSW 239 00 Coconut oil Bufc FOB 215.00 Gambier CMd drum FOB 228 00 FOB NSW 305 00 New drum FOB
      151 words
    • 290 12 Singapore C-l special C-l Ordinary Loonzoin 100% unq (S$/kiio, ei-jjodown) unq Thai white first grode 31 100% 1st doss 100% second (rode (kangaroo) 1 05 077 100% third grade unq new crop 100% 2nd class Parboiled 100% 3rd closs 0.75 5% 280 25% new crop No stock 10% 275
      290 words
    • 80 12 AFP MARUBENI CORP of Japan and the Philippine» Associated Smelting and Refining Corp (Pasar) have worked out a US$l5-million aid package to rehabili* tate a Philippine copper mine. The Sipalay copper mine of beleaguered Marin* duque Mining and Industrial Corp (MMIC) will resume operation when world
      AFP  -  80 words
    • 845 12 COFFEE Robusta futures were £9 above to £6 below the previous close at midday yesterday, after one of the quietest mornings for many weeks. September finished at £2,257, unchanged from midmorning and last Friday. Turnover totalled 313 lots including 84 crossed trades and four options. Physical activity was
      845 words

  • SHARE INFORMATION
    • 4230 13 INSPIRED by Wall Street, share prices rose sharply across the board on heavy record-breaking volume at the Singapore stock market yesterday. At the final bell, the BT Composite Index recorded one of its best dally gains when it added 28.94 points to 886.33 while the
      4,230 words
    • 224 13 SINGAPORE Bloc t c 1060 MMr* HWffl 430 Sal 382 T« Com SO< 630 PAN 620 M Irtiii 930 Nat baa 550 0 U 8 456 U 0 8 525 D 8 S 89C Cmti.fi S8C Jadubrt 555 Falls U 0 1 404 Smm Carp* ICS 675
      224 words
    • 438 13 SHARE prices closed sharply higher at the Kuala Lumpur stock market yesterday with turnover reaching its second highest ever in history. Overall, a total of 19.61 million shares valued at MJ51.68 million changed hands yesterday, the second highest volume on the KLSE. The highest was
      438 words
    • 5342 13 BID and offer price» officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In IoU of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      5,342 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 903 14 THE RUSH is now on to set up stockbroking firms in Malaysia in response to increasing demand from investors for such services. Since the Registrar of Companies cracked the whip on illegal stockbroking activities in late 1982, the need for stockbroking
      903 words
    • 95 14 HONGKONG Australian Industrials Monday 1034.6 Hong Seng Index Friday 1013.3 Week ago 977.6 Monday 22"1£ Fridoy 894 60 Week ago 802.68 NEW YORK Dow Jones TOKYO Friday 1202.08 Thursday 1166.08 Tokyo Dow Jones Week ago 1114.62 Monday *****.09 Standard and Poors Friday *****.60 Friday 162.35 Thursday ]5799 Week
      95 words
    • 204 14 Monogtrs' prices Second B'putro 540 545 for Aug 7 Third B'putro Fourth B'putro 4.41 5 01 4 46 506 Singspors Unit Trust Fifth B'putro Sixth B putro 3.44 325 3 49 3.30 Th* Conwn«rc« 3.38 3 59 Seventh B'putro (A) 226 231 Th* Savings Fund 2.10 2.33 Seventh
      204 words
    • 3381 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajinomoto (3 88S) Aloi Hldg cd Alcom (2 428
      3,381 words
    • 116 14 DEVELOPMENT Commercial Bask: 19th AGM on Aug 8 at noon in Registered Office of the Bank, 23rd Floor, Wisma On-Tai, No. 161B Jalan Ampang, Kuala Lumpur. THE Pakaag C—Mated Pibtic Limited Compaay: EGM on Aug 8 at 11am in Bangunan Hongkong Bank, 11th Floor, 2 Leboh Ampang, Kuala
      116 words
    • 438 15 FIRST Allied Corporation Bhd (FACB), which recently initiated its long expected move into property development, is venturing into Sabah, the group's first in that state. The company is proposing to acquire Wisma Merdeka Sdn Bhd for Ms2o million via an issue of 10
      438 words
    • 53 15 Reuter THE HONGKONG Shanghai Banking Corp may take a stake in James Capel Co, the London-based stockbroking firm. An HSBC spokesman yesterday said that the talks held in London in recent weeks were continuing but no firm decisions were likely before the end of
      Reuter  -  53 words
    • 204 15 Reuter THE OFFER for sale of 177.88 million Jaguar PLC ordinary shares at 165p each was 8.3 times oversubscribed. The company said in London yesterday that said preferential applications from shareholders and employees of state-control-led BL PLC, which owned Jaguar, would be satisfied in
      Reuter  -  204 words
    • 269 15  -  By CHAN MAY PENG MALAYA Tin Printing Co Ltd (MTP) is diversifying into the lucrative computer business in Singapore. MTP, under the control of its new Malaysian owners, has contracted to buy a 50 per cent stake in a local computer and sales company
      269 words
    • LATEST RESULTS
      • 25 15 Group pre-tax profits rose to M 521.81 million in first-half 1964 ($6.06 million previously) on a turnover of $56.79 million ($35.15 million).
        25 words
      • 40 15 Group profits before tax jumped to M 510.67 million in the halfyear ended June 1964 ($469,000). An interim dividend of 2 per cent less tax will be paid on Nov 28 to shareholders registered on Aug 29.
        40 words
    • 896 15 SHARE prices closed mixed yesterday with profit-taking noted in selected issues after last week's 55-point rise in the FT-30 share index. Yesterday's closing middle prices of selected stocks, excluding stamp duty, were: INDUSTRIALS Aug 6 Pane* A*#d-Lyons 157 -3 An Dovm 162 2 BTR PLC 447 unch Bobcocks
      896 words
    • 507 15  -  Takeover of Tai Sang Land Development By TERESA LIM, Hongkong Correspondent UNITED Industrial Corporation has decided to extend its offer for Tai Sang Land Development's shares and warrants by three weeks to Aug 24. BT learnt that representatives of Tandy Company, UlC's Hongkong subsidiary
      507 words
    • 688 15 PAPER PRODUCTS (M) Bhd, which moved aggressively into properties after a change of control in 1961, has pinned down areas such as plantation and finance in which to invest to provide a stable source of earnings in future. For the time
      688 words
    • 642 15 HARRISONS Malaysian Plantations Bhd (HMPB) is reviewing its marketing strategies and policies aimed at moving deeper into international markets. Chairman Tun Ismail Mohamed Ali said that as a first step, the company has terminated the services of its foreign marketing agents from Feb 1
      642 words
    • 61 15 INCHCAPE Bhd has reaped an extraordinary gain of M 55.6 million from the sale of property belonging to subsidiary Champion Motors (1975) Sdn Bhd to Amalgamated Industrial Steel Bhd for $15 million. The sale price was negotiated on a willing basis and the proceeds
      61 words
    • 233 15 THE REPAYMENT of capital and issue of bonus shares to shareholders of Baklt K&ttl Rubber Estates Bhd were made yesterday following the finalisation of administrative procedures. Applications have to the Stock Exchanges for permission to deal in and for quotation for all the newly reconstituted shares arising from
      233 words
  • Page 14 Advertisements
    • 329 14 Mnfucmc, FAN-ELECTRIC NDUSTBES LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT The unaudited results of the Company and Group for the half year ended 30 June 1984 were as follows: HALF YEAR TO 30 JUNE 1984 HALF YEAR TO 30 JUNE 1983 Company Group Company Group Company Group Ssooo Ssooo
      329 words
    • 21 14 The New ENCYCLOPAEDIA BRITANNICA 3 the only reference standard accepted in a court of law. Call STP Distributors Tel: *****28 *****44
      21 words

  • Page 15 Advertisements
    • 120 15 A little space can earn you $3,000 or more a month With only $15,000 (franchise fee) and 4 sq. metres (40sq. ft.) of spare shop space you can earn 53,000 or more a month. How? By being part of the world's lorgest chain of Kis photo express outlets. No special
      120 words

  • 532 16  -  By AMY BALAN A PROMINENT expert on commercial law and banking has raised several legal posers on the amendments made recently to the Banking Act. The amendments were given a fresh perspective by Dr Myint Soe, a former associate professor of the Law
    532 words
  • 141 16 Reuter FEDERAL Reserve chairman Paul Volcker is still worried about the prospect of renewed inflation and has not entirely ruled out tightening the money supply, according to US columnists Rowland Evans and Robert Novak. The columnists said Mr Volcker relayed this concern to US
    Reuter  -  141 words
  • 283 16 UPI EGYPTIAN President Hosni Mubarak announced yesterday that he had ordered measures to end a series of mine explosions threatening shipping in the Red Sea and Gulf of Suez and to find out who is responsible. Defence Minister Field
    UPI  -  283 words
  • 331 16 Reuter INTERNATIONAL flights resumed yesterday at Madras Airport where 32 people died in a bomb blast which Sri Lankan official sources have linked to Tamil separatists. In a related development, the Press Trust of India (PTI) reported that security was tightened
    Reuter  -  331 words
  • 680 16  -  By SOH TIANG KENG LOWER claims paid out have resulted in a smaller net operating deficit for the Export Credit Insurance Corp of Singapore (ECICS) for the first half of this year. In the first six months of this year, with its major
    680 words
  • 245 16 Bernama MALAYSIA'S Tin Control (Amendment) Act, 1984, which gives wider powers to the Customs Department in the prevention of the smuggling of tin ore out of the country, will be enforced as soon as it is gazetted, a customs
    Bernama  -  245 words
  • 219 16 AFP CHINA WILL support complaints by Hongkong's textile industry against new US import regulations that threaten the jobs of more than 150,000 textile workers in Hongkong and China, an industry spokesman in Hongkong said yesterday. The American Chamber of Commerce in Hongkong,
    AFP  -  219 words
  • 62 16 Reuter AFTER a few moments of profit-taking, Wall Street stock prices yesterday turned higher as last week's rally continued. The Dow Jones industrial average, which briefly dipped below 1200, was up nearly two points to over 1204. Overall, gainers held a two-to-one lead over losers. Volume was
    Reuter  -  62 words
  • 187 16 Reuter WEST GERMANY'S Economics Minister Martin Bangemann plans to propose moves to help the country's recovery, including abolition of a 25 per cent bond yield tax on foreign investors, an Economics Ministry spokesman said. The proposals are contained in a report which Mr Bangemann
    Reuter  -  187 words
  • 488 16 PI PRESIDENT Reagan, who has been portrayed by the opposition Democrats as a part-time president, is doing his best to dispel any notion that his 19-day sojourn in southern California is all play. The President summoned Vice-President George Bush to his ranch yesterday to talk
    PI; UPI picture  -  488 words
  • LATE FILE
    • 65 16 AFP KIM JONG-IL, the eldest son of North Korean President Kim D-Sung, was yesterday officially described as his father's heir for the first time in a report by the Radio Pyongyang. The radio, which is regarded as an official mouthpiece of North Korea, said: "We respect
      AFP  -  65 words
    • 45 16 Reuter THE US merchandise trade deficit on a balance of payments basis widened to a record U5526.29 billion in the second quarter of 1984, the Commerce Department said. The merchandise trade shortfall for the first quarter was a revised $25.64 billion.
      Reuter  -  45 words
    • 38 16 UPI RADICALS claimed responsibility yesterday for igniting fire bombs outside the homes of three officials overseeing the controversial expansion of Japan's Narita International Airport. Damage from the arson was minor, a police spokesman said. UPI
      UPI  -  38 words
    • 36 16 Reuter THE Hongkong budget deficit for the fiscal year ended March 31 was HKJ2.99 billion, about $200 million less than expected. Revenue was $30.39 billion against $32.-27 billion forecast, a government gazette said. Reuter
      Reuter  -  36 words
    • 42 16 Reuter JAPAN yesterday successfully test-fired its first home-made ground-to-air missile, a Defence Ministry spokesman said. The SAM missile, developed entirely with domestic technology, destroyed a target plane 20 seconds after it was launched off Shizunai, in northern Japan. Reuter
      Reuter  -  42 words
    • 35 16 Reuter PHILIPPINE President Marcos yesterday ordered the withdrawal of police and military men from the Manila International Airport and an inquiry into charges that some of them had been involved in racketeering.
      Reuter  -  35 words
  • Page 16 Advertisements
    • 91 16 v>- </> w OA i *3 C& 5^ fv C/ 5 fvQ CT> Oinomint is good for smokers and anyone else who desires healthier, whrter teeth Clinomint gel is a uniquely formulated toothpaste with Fblynam II (TM). an effective cleansing agent that safely removes tobacco tea. coffee and other stains
      91 words
    • 90 16 BIOTONIC CAPSULES A Tonic for Vigour and Vitality! A 3 6 111^ 16 HI y//, 1 Y\ < f >*>» It certainly has many of the Important health-promoting ingredients all 32 of them including GINSENG, BEE POLLEN, VITAMINS AND MINERALS, AMINO ACIDS, RUTIN, LECITHIN, LINOLEIC ACID, WHEAT GERM OIL and
      90 words
  • Page 16 Miscellaneous
    • 56 16 wmm Outlook for today: Portly cloudy; showers in o few areas in the morning. Report for 24 hours prior to 7.30pm on Aug 6 at tt>« airport: Maximum temporoturo 32.8 Associated Humidity 65 Minimum temperature 24.2 Associated Humidity 97 Hours of sunshine 7.75 Rainfall in millimetres Nil Rainfall tHis month
      56 words

  • SHIPPING TIMES
    • PORTSIDES
      • 117 17 Reuter THE Kuwait-based United Arab Shipping Company will raise freight rates by 10 per cent on services from India to the US east coast, effective Sept 1, the company's Indian agents said. Spokesmen for Orient Shipping Agency said the firm is raising rates to cope with growing
        Reuter  -  117 words
      • 86 17 PASSAGE to and from the Marina Bay and Kallang Basin areas will be closed to all traffic between 2000 hours and 2200 hours on Thursday, Aug 9, because of the National Day fireworks display. The Port of Singapore Authority has also warned mariners not to fire any
        86 words
    • 292 17  -  By G DURAIRAJ THE PERNAS-owned Perbadanan Nasional Shipping Line Berhad recently took delivery of its first liquefied petroleum gas (LPG) carrier. This brings it one step nearer to its objective of becoming the premier national line for specialised services. The pressurised 2,000
      292 words
    • 417 17 Reuter EGYPT WILL take measures to ensure the safety of navigation after a series of explosions in the Red Sea, but gave no details. The official Middle East News Agency quoted unnamed officials as saying "official circles are following the situation with great
      Reuter  -  417 words
    • 662 17 Shipping Um Col 1 Afeo VI 3 Ahrenkiel Liner VI 5 Alpoc VI 5 Antoro Shpg IV 1 APC Line V 4 APL 4/5 ASCL 1 Asiabroker V 5 Austasta Line V 1 Balt-Onent VI 4/5 Bangkok Coot VI 2 Bank Line V 5 BBS 1 4/5
      662 words
    • 1012 18  -  By LOH HUI YIN TWO THINGS dominate the city of Hamburg in West Germany the numerous bridges and the port. Anyone from Hamburg will proudly tell you there are 2,284 bridges, making it the European city with the largest number of bridges.
      1,012 words
    • 1442 18 SLIGHTLY firmer rates were seen on Friday for Panamax tonnage lifting grain from North America to Japan with U5513.25 paid for a 52,000 long ton cargo for endAug, and $13.50 yesterday for 50,000/54,000 long tons, brokers said. Steady enquiry for tonnage to work this business helped lift rates
      1,442 words
    • 281 18 A COMPUTERVISION software designed specifically for use in shipbuilding was presented to members of Singapore's marine industry recently. The software, CV-HULL, incorporates applications in hull design. It is a component of the CV Marine Product, a complete CAD/CAM package which aids in design, analysis, fabrication, assembly
      281 words
    • 195 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. AMRO (STRArTS/AUSTRALIA): Australian National Line. Australia Straits
      195 words
    • 253 19 JAPANESE shipowners have made plans for their own war risk insurance scheme, centred on the Persian Gulf area. The Japanese Shipowners Association has appealed to the government for help in setting up the scheme to counter heavy insurance and reinsurance rates controlled by
      253 words
    • 670 19 TEN commodities designated as "strategic" cargoes by the South Korean government will in future be carried only on South Korean flag vessels if an act is approved by the South Korean Congress. A revised draft of the Shipping Promotion Law, submitted to congress in
      670 words
    • 106 19 NEDLLOYD EAC Agencies has made two new appointments at its Port Kelang office. Mr Chan Cheek Cheek. 46, has been appointed marketing manager. Mr Chan was formerly the administration manager of EAC in Port Kelang, and has been with the company for the past 28 years. Mr
      106 words
    • 5860 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.
      5,860 words
    • 627 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 Stri Bhum 180N 7.8.84 2300 S'pore Shpg TA 3 1000-1100 ji Jayakarta ***** 7.8.84 2300 NAPL TA 3 0900-1100 N1 Petr Dutov 23CE/84 8.8.84 0700
      627 words
    • 1642 25 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S) Afra-Earastt Liar Trsnsgroup <S) AAreahlel Uaer Service Kjit Shpg (S) Alfred C Taepfer Oceanus Shipping Agency (S) Marintex Enterprise (PK). Alpae Intrasea (S) BinUng Shpg (KL) Island Cargo Handling
      1,642 words
    • 500 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Donam No 9 37/8 NAPL alongside 7.8.84/2300 Hong Shou Shan 18 Y Fung alongside 7.8.84/1500 Jenhol 22 TSoon alongside 7.8.84/2300 Makmur 21W SSPL alongside 7.8.84/1500 Murrayeverett 31/2 NAPL alongside 7.8.84/1200 Nigeria Venture 8/9 Straits Tpt alongside 7.8.84/2300
      500 words
    • 704 26 Jaly 21-Aag 11 Galbraith's 1984 shipping course (details: Galbraith's, 88 Fenchurch St, London EC3). Aug 7-11 Insurance course for managers of Arab companies organised by LLoyd's of London Press in association with the General Arab Insurance Federation, the Hilton International, London. Aag 39-Sept 9 International exhibition on the
      704 words
    • 321 26 AFP TANKER rates fell back last week in some cases to their lowest levels since February in the Gulf states area as war risk insurance rates were cut. As conditions remained quiet in the Gulf states, all eyes were on the unexplained series of explosions in the Red
      AFP  -  321 words
  • Page 17 Advertisements
    • 257 17 FULLY CONTAINERISED SERVICE FAR EAST/EUROPE nSHEZEHia V n to timcwobj) ns ?m n/« sr fmh QCWLB N»1 m 13/1 14/1 Ut/«/FI/m/M/«I Apnte: CJtOm MMHK CO (TTE) LTD TIL 2227 MS m (PCX) M 7230 M For mora details refer page IV LONDON Freights 11/11 l CONSORTIA II SHIPPING Schedule VIII/IX
      257 words
    • 262 17 I UNITED ARAB SHIPPING CO (SAG) aUASC ''l.'.r: m.\ in,; ii? SFAIORD SHIPPING AGENCIES 70 Shenton Way 04 02C Marina Hou»e Singapore 0207 Tel *****94 Tele■ No RS2S4I9 CFS office TPC 03 30 Tel *****31 and *****J2 Terminal office TPC 03 29 Tel No *****90 *****93 NATIONAL UNE OF BAHRAIN,
      262 words
    • 1020 17 £0 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE EXPORT FASTEST SERVICE TO USA EUROP 1 Wort 26/1 25/1 14/1 1/9 3/9 21/1 1/9 10/9 21/1 16/9 11/9 •SMGAPORE CLOSMG TMES CY
      1,020 words

  • Page 18 Advertisements
    • 377 18 FAR EAST/EUROPE CONTAINER SERVICE To Europe. Spore lXfcedtes 2) Rdam 3) Hburg 4) Gterg From Europe VESSEL L) Gburg |2)trtNrg 3) r«n 4) ITtam 5) le H P S port B BUTANE B. BUTANE B. BUTANE Sated 12/8 19/8 26/8 2/9 9/9 16/9 S EDO KOMHGAN KASUGA M N OELFT
      377 words
    • 385 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES I USA/CANADA Pacific South Wnl Pacific North Waat Faadac at Tokyo Faodor at Koba Atlantic/Canada Faadar at Koba w sp m* U/l. 11/1 Q« m U/IB OM Mrttar IS Ul n w U/0 14/0 IJUU6 20/0 NTW Ml 5/10 11 FMKT *a aaiT *ct
      385 words

  • Page 19 Advertisements
    • 899 19 The Straits Steamship Group occ Overseas Containers Limited STRAITS SHIPPING Singapore to Sabalt, Sarawak, Brunei Porta and Bangkok CONTAINERSHIP SERVICE TO UK/CONTINENT pf CASUS pttt am t#ort/ii »u» io-ii Au PfGASUS PMX V339N 14-15 Aug IMS I||| BANGKOK AGENTS: BORNEO AGENCIES LTD BANGKOK TEL: *****80 ALSO ACCEPTMG CARGO FOR: .'it.
      899 words
    • 558 19 V' TAIYO MARINE LINE WEST AUSTRALIA SERVICE We ore pleased to inform the resumption of TAIYO MARINE LINE SERVICE to FREMANTLE and 'WEST AUSTRALIAN PORTS. PT KELANG S PORE FREMANTLE 28 AUG 21 SEPT GENERAL AGENTS:SINGAPORE BINOBE MARITIME PTE LTD TEL NO. *****44 PT. KELANG MALOSE MARITIME SDN BHD TEL
      558 words
    • 111 19 NOTICES X.S.K.. LIME WE. TOKYO SENPAKU KAISHA, LTD (T.S.K. LINE), TAKE PLEASURE IN ANNOUNCING HEREWITH THAT WE HAVE DECIDED TO COMMENCE NEW CONVENTIONAL LINER SERVICE FOR JAPAN/SINGAPORE AND MALAYSIAN PORTS AS FROM JULY 2, 1984. WE ARE ALSO PLEASED TO ANNOUNCE THAT MESSRS. ORIENT LLOYD PTE. LTD. IN SINGAPORE AND
      111 words

  • Page 20 Advertisements
    • 432 20 Hapag-Uoyd 10 COWTiNf NT UK EXPORTS Spore f Keiani ftnt Irntts Bfcao Genu H'buri Rdam Bharen Antwerp Rome Ibckawn 2S/4 29/1 22/9 IJ/9 19/S Connecting in Tokyo. Connecting in Kobe "Also accepting corgo tor ATLANTIC GULF PORTS »ia mimlandbridge, and US MID-WEST by microbndge" FROM CONTINENT UK IMPORTS L«f Seattle
      432 words
    • 480 20 IK. S. LINE *Ju*« FULLY CONTAINERISED SERVICE KOfifM \H r>J*. TO EUROPE VIA SUEZ 1 Membu ot the Ace Contorts MUfcn|| LtH»n« I ten Fitwn H'bwj Antocrp I/S3/» 6/9 13/9 15/9 18/9 23/9 25/9 29/9 28 9 30 9 3/10 2/10 4/10 7/10 TRAMSMRU) BMDGE 21* 10/8 okcntal cim 40*
      480 words
    • 595 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTWG FCI l LCI CARGO FOR MP PKI WC HI UN MR LM EmtGmk 09/00 25/00 01 /09 02/09 04 W 05/09 07/09 EvoGrwl 19/01 05/09 11/09 12/09 14/0915/0917/ M E.«Gjlh« 29/00 IS OS 21/0) 22/00 24/00 25/00 27/00 also acceptok ia/fa t fa/fa
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    • 1067 20 fa. KIE GWAN SHIPPING (M) SDN. BHD. No. 26 A J ALAN BERANGAN POUT KELANG, SELANGOR MALAYSIA TEL: NM 3M712, 3*6435, 3*91(2 3*0764.3*0122.3*9097 W. MALAYSIA/S PORE TO E. MALAYSIA SERVICES: P KLANG S PORE KKblu Skan Tawau IP/9 Aug 10/1? Aug t KITA KKblu Skan 9/13 Aug 14/16 Aug tHATI
      1,067 words
    • 190 20 US I NOSE u MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sinf spore RAN TAKHTI 21/« Lea*« tar B mtn. B KHmmr PORT AEIANC PENANG SMOy MARITMf PIE LTD Ul *****44 t *****70 MAtOSf MARiTBK SOU BHD let *****2/3 MALAYSIA TRADE I TRANSPORT 110 Tel G7W3
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  • Page 21 Advertisements
    • 546 21 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE SINGAPORE LOADING FOR: KOTA WIS AT A E-515 10-19/ a AOEN, HOOEIOAH, JEOOAH, AOABA KOTA MEG AH E-517 17-20/1 HOOEIOAH. JEDOAH, PTSUOAN, MOGADISCIO. MOI KOTA WMAWAN E-519 5-10/S ADEN, HOOEIOAH, JEDOAH, AOASA KOTA WARUNA E-321 10-14/9 HOOEIOAH. JEDOAH, AOABA, PTSUOAN KOTA RAKYAT E-523
      546 words
    • 255 21 MALAYSIA SHIPPING CORPH. SDN. BHD. VESSEL VOY. PENANG P. KELANG LOAOMG FOR KOTAHMH 6/84 12-15/1 16-20/8 KU/M/SXN NOTA BERLIAN 6/84 18-24/8 LBM/KK/TA KOTABAHAGM 7/14 1-15/9 KI/SKN/TA Agents SINGAPORF Pit Itl *****33 P KEIANG SFIATAN AGENCY TFL 3880b6 *****32 Kl SEIATAN AGENCY TEI *****9 *****2 PENANG LEAN BEE CO IEL *****
      255 words
    • 764 21 BEN LINE CONTAINERS EXPRESS CONTMNER SERVICE TO/FROM EUROPE sum toeimope stow p helanc fr«Mn Eipmi IJ/I 14/1 Han*i»| Eipmt M l 21/S Kwatna Mkv JIH 2»/| B*nj»or 4/J »/i Hw|k«| [i|mi 12/J U/J Canfcfan Bay 20/1 22/J BwtMti 27/1 n/i Lntrpatlßar 4/11 KtoMwi Bi, 12/11 U/ll UK HAM l/» 3/9
      764 words
    • 510 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S pore Service FuM Container Vessel Buun Yofco Kobe Km- Sport T|.Pnok MAIAPAHT VI2NB 20/7 23/7 2«/7 'f/? 10/1 12/| EXPRESS SEH-CONUUNER SERVICE TO/FROM EUROPE STORE P KELANGR'DAM/ TUURT/ HDURG/ ANTWERP ADAM LONDON BREMEN SONBAI VSWB In fort 7/« 30/1 2/9 4/9 6/9
      510 words
    • 489 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION Loadng for Rangoon S pore P.Kelong Penong Bossein** V6B In Pt/7 Aug Soiled Htone Ywa V 194 12/14 Aug 10/11 Aug— Po-on V 75 20/22 Aug Avo* 29/30 Aug 25/27 Aug LOADING FOR HAMBURG, ROTTERDAM, ANTWERP LOADING FOR HONGKONG, JAPAN \A BANK
      489 words

  • Page 22 Advertisements
    • 1561 22 K LINE ANTOfACASTA VALPARAISO S AIfTONO I Oct 11 Oct 13 Oct KAWASAKI KISEN KAISHA, LTD. ECUADOR/P£RU/CHILE FEEDER MOT** VSI SPOK KOBE GUAYAQUIL CALLAO AJttCA IQUQU ANTOfACASTA VALPARAISO I ABTOMO ASIA STAR ¥K SEA ENCOURAGEMENT 10 Am 2i Au, Sep 2 Oct (Oct 7 Oct I Oct 11 Oct 13
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    • 614 22 a aj a CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE loe** let LOS ANGEIES SAN FRANCISCO SEATTLE. TACOMA VANCOUVER BC Acccptat FCI/Fa Centaners T R«jn| I Anptn n 4 Sept 5/iSept i Oct AUSTRALIA EXPRESS CONTAINER SERVICE Accept!* Fa/Fa Cflntjmcrs f(<tant Spn Fran II I? M 13/15 A«t 27 M
      614 words
    • 579 22 SANKD ASIA FROM JAPANESE PORTS ANO HONGKONG LO 1 EDO MARU 2 GOTONG ROYONG 3 SEISHO MARU 4 SANKOSCROPIO 5 SHMKO MARU KOTU MAMJ 7 NATO. I 11/13 Aug 11/1? Au 14/ IS Amc 15/17 At* 15/17 Aug lt/20 Aug P Kelang In Pt/« Aug 14/15 Aug 13/14 Aug 17/11
      579 words
    • 519 22 INTRASEA tPTE) LTD. 10 Anson Road »27 16 Inter nation.) 'I Singapore 0207 Tel *****11 |10 Lmesl FW SEAWOOD SHIPPING CORPORATION S pore P KeUni Loadtaf tar FORT TAII 23/1 Hottaidah Mdah *|W»» s«f Jpart MTU9I (TO) in BOOKMC 224(511 K lianpi* BMTANC SMC CO SON Kl *****4 P«M( H*«nw
      519 words

  • Page 23 Advertisements
    • 530 23 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/trom Scandinavia TW BRIDGE S'pore Closing Times: FCL Cargo 1400 9/8 LCL Cargo 0200 9/8 FROM EUROPE (VIA SUEZ) C PAUL 40E Sailed C CONTAIO 26E Sailed CROZE 38E Sailed N CRYSTAL IE 12/8 MAETERLMCX 2E 17/8 K
      530 words
    • 277 23 I'"»l WPIIINI AM NCI S PH I 10 in >/B<w7 ;;gs4u 80.*.!^ ,'??">10 ??|?07? Oppi limns) 777.M8/ .VOVB4 l-iimuli ??o.'4sn ,'?n?sn4 .r.is i Mi, «.M» Si,|*l\ IHNAS SHI* SDN BHD HI Ip| 4141% 414.'44 PH Ipl )89M>4 PIN Ipl 16/ t/S 18/4/S r VV CEYLON SHIPPING CORPN nal Line of
      277 words
    • 704 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lims) Cable Address SMSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARKAT NAM SOON SON. WD IST ANO 2NO FLOOR. NO 1. JALA* CEMPEMNG. PORT KLANG. MALAYSIA
      704 words
    • 93 23 ahrenkiel liner service gmbh DURBAN JOHANNESBURG MAPUTO. MAI IRITII IS A RFIJNION WESTBOUND EASTBOUND BARON STAR 7E PT LOUIS DURBAN 17/9/84 ETD DURBAN SIN 27/7 12/8/84 Agents: Kim Shipping Trading Pie Ltd 63 Market Street. «06-06 Tat Lee Btdg S pore oto4 Telex RS ***** KIMTRA. Tel *****8 SHENG TAI
      93 words

  • Page 24 Advertisements
    • 643 24 Ite<|i»nal Container Lines 3 Sailings Weekly Reliable Regular Punctual Berthing P S.A. 1500 Hrs. Tues, Thurs Sat REGULAR FEEDER SERVICE TO PHUKET/SONGKLA DOT SK SKLA BKK PUT SKLA RATANA BHUM 251/252 SaM MPt/7 Aug RATANA BHUM 119/ IN 1011 Auc 15/16 Aug 11/19 Aag- 22/23 Auf HINODE KISEN CO. LTD
      643 words

  • Page 25 Advertisements
    • 105 25 LICOIiNH A; SCMJQN SMPTM6 (S) PTE LTD. SAtfS/BOOKMGS TO. *****11 LMS) French Line Vtud SPORE M/V ARTCHS V7LS4 Sailed M/V HAUSSMANN VBLS4 8/8 M/V ANJOU V9LS4 24/8 TFJTr COWTAfgR SERVICE TO BAMGLA-OCSH/HDIA/SRI LANKA/PAKISTAN EE3HE2E23Z3 8 13 8 23 9 12 DIRECT FULL CONTAINER SERVICES Gtmtti laws ORIfNIAI SfAWINDS lINfR AGINCV
      105 words
    • 158 25 Scan Dutch V To Europe (Med/UK/NC/Scan) To Red Sea Mediterranean Anson 1/8 Anson 5/9 From Europe Also Accepting To: From Red Sea/Med. (1) Barcelona, Genoa, Bilbao, Leghorn Valencia (2) Amsterdam, Antwerp, LeHavre, Bosle, Southampton, Liverpool, London uilbury), Canary Islands (3) Bremen, Bremerhaven, Aarhus, Copenhagen, Helsinki (4) Malmo, Stockholm, Oslo Loading
      158 words

  • Page 26 Miscellaneous
    • 194 26 Regional Weather 8 C7.A m M 4 s? V 4 I m k<k h 'm >i m x v- < i 7 m <o-x M K 35 6 >"V A MO 4fe sv SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature c Shower Weather Wind
      194 words