The Business Times, 17 August 1984

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 FRIDAY, AUGUST 17, 1984 60 CENTS
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  • 580 1  -  Present stage of development not possible if priorities were wrong By FOO CHOY PENG SINGAPORE'S EMPHASIS on economic substance over democratic forms was yesterday cited by Prime Minister Lee Kuan Yew as a powerful factor behind Singapore's success. In a speech setting
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  • 368 1 THE INTERNATIONAL banking system will survive the world debt crisis, and emerge even stronger, Harvard professor Dr Philip Wellons said yesterday. He noted that some experts believed the debt crisis of Latin America and Eastern Europe would become a protracted one,
    368 words
  • 392 1  -  By CHUANG PECK MING THE CHANGING pattern of education in Singapore will pose a serious problem (or the future, said the Prime Minister last night at the Tanjong Pagar community centre. There are now more Englisheducated than Chinese or Malay-educated Singaporeans, and Mr
    392 words
  • Article, Illustration
    74 1 IN RESPONSE to the sharp fall on Wall Street, share prices m the Singapore stock market closed mostly lower on rodnced volume yesterday. Brokers said Investors' sentiment was dampened by news that the SES was Investigating the possibility of insider trading in the shares of PanEl. At Ike
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  • 527 1 DR LEE SIEW CHOH, chairman of the Barisan Sosialis, will run for Parliament in the coming general election, but this could be the final round in his party's fight with the People's Action Party. Yet another defeat could mean
    527 words
  • 450 1  -  By AMY BALAN GOLD futures trading volumes on the Singapore International Monetary Exchange (Simex) are now the biggest in the world outside the United States and the future looks even brighter. Volumes have averaged between 800 and 1,000 contracts a day since the
    450 words
  • 115 1 AFP INDIA has expressed "profound regret and unease that Sri Lanka has thought it fit to induct outside security agencies into its domestic political situation". Addressing Parliament on the renewed violence in Sri Lanka, India's Junior Interior Minister Ram Niwas Mirdha yesterday warned Sri Lanka that
    AFP  -  115 words
  • Page 1 Advertisements
    • 50 1 -< KENNEX BLACKJACE (3t) sPoSrstifisuMimim Tet: 287 0044 (4 lines* S$ FIXED DEPOSITS We offer you one of the highest interest rates *P.c p.a. SAVINGS ACCOUNT Rates are subject to change without notice as banque indosuez 3 Shenton Way, Shenton House Singapore 0106 Tel *****11 PLEASE CONTACT OUR CUSTOMER RELATIONS
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    • 261 1 mm SHARE INFORMATION 13 RAW MATERIALS 6 MONEY EXCHANGES 5 THE increase in the number of "turn-ons" has placed a strain on the resources of the PUB, the statutory body charged with providing 2.5 million Singaporeans with their daily electricity, gas and water supplies. Pag* 2 WITH the addition of
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    • 11 1 Full report, Paga 13 International stocks, 10 Asian stocks, Page 11
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    • 140 1 ":$_%]+}_$`'_.!\)<{`^!`+^=&<<~$ How have the locals fared on the exchange? PageS BALLY RANGER DpLiy in Ast > lish casuaJ lltlllA 111 91 jK* with built-in features to enhance wearing comfort. 'A shoe that 11 make you look good no matter where you go or what you do! the ankle padding for
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  • HOME NEWS
    • 495 2  -  By LEE HAN SHIH THE PUBLIC Utilities Board expects to have about 6,000 "turn-ons" this year in new housing board flats, more than triple that in 1983. The increase in the number of "turn-ons" has placed a strain on the
      495 words
    • 281 2 THE Singapore Chapter of the American Concrete Institute (ACI) is to run training courses for members and people involved in the concrete industry. The courses will cover topics such as the design of concrete mixes and floor slab finishes. Such courses have been
      281 words
    • 76 2 FROM Sunday, Singapore Bus Service will be introducing a new feeder service designated as Service 275 to serve Bukit Purmei Estate. Service 275 will provide residents in Bukit Purmei with a connection to Bukit Merah Interchange. Besides linking Bukit Purmei to Bukit Merah Interchange,
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    • 320 2  -  By JEFFREY TSANG THREE months after closing down its record factory, EMI (Singapore) Pte Ltd has sold its recording studio to three former employees. The studio, which EMI handed over on Tuesday after a year of negotiations, cost the purchaser Boogie Productions Pte Ltd
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    • 162 2 KEEPING IN touch with the Registry of Companies will take a much shorter time now for Telebox subscribers, who use the service to send mail to any part of Singapore and overseas. The new service started by the Registry of Companies (ROC) means
      162 words
    • 78 2 THE Public Works Department is widening Upper Jurong Road from Benoi Road to Jalan Ahmad Ibrahim. Traffic flow will be diverted to the first new carriageway from 10am on Saturday, Aug 18 to enable the second new carriageway to be constructed. Diversion and warning signs
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    • 278 2 INTERNATIONAL Business Machines has introduced a new range of personal computers after the failure by its IBM-PC Jr to make an impact in the microcomputer market. Called the IBM Portable PC, it is almost identical to the topselling IBM-PC and IBM-XT. The new model,
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    • 166 2 CONTRACTS worth about $17.2 million have been awarded by the Housing Development Board to 13 construction companies. Projects include installation of booster pumps and control systems, supply and installation of water tanks as well as sanitary and water installations to various HDB projects. Others involve the
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    • 122 2 A HIGHLY specialised exhibition and conference catering for the electronics industry opened at the World Trade Centre yesterday. The three-day Internepcon Semiconductor exhibition will display the latest technology from 11 countries. The exhibition focuses on the production, testing and packaging of electronic products and
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    • 92 2 THE Singapore Institute of Standards and Industrial Research (SISIR) is to conduct a course on industrial radiography, with the emphasis on weld inspection. The course will be held from Oct 29 to Dec 7. The 80-hour course will cover topics such as the physical principles of industrial
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    • 234 2 THE HOUSING aad Development Board Is using the Quality Control Circles to help meet the growing demand on (to work. QC circles at the HDB have Increased from 18 to 116 althoagh staff strength grew by saly 22 per cent
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  • Page 2 Advertisements
    • 60 2 Advertisement V .0 arw w i '-y ft 1 W*J /i .w A .V Ji»J 'T "5 9 k. v. lit W* I ?i*: a o«r. -y» 3 it "Then we bought the town house, then we bought the sloop, then we got the Weimaraners, then we bought the seat
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    • 62 2 ch Fully imported from Italy latest unique design impressive comfortable Features High quality leather Swivel Tilt action Wnfrm7v9i adjustable tolyurethane arms with leather padding Antidust polyurethane base on castors Sturdy and well-built > fV m i; :n "N Available at: TURI ENTERPRISE PTE LTD Showroom: *03-31/32, Cold Storage Centre point.
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  • OVERSEAS
    • 395 3 FT SHIPMENTS of oil products from the first of three Saudi Arabian export-oriented oil refineries begin next week amid concern about the long-term impact of the industry worldwide and doubts about the projects' immediate profitability. The start of shipments comes alongside plans
      FT  -  395 words
    • 153 3 UPI KUWAIT, rebuffed by the US, has bought weapons worth an estimated US$3OO million from the Soviet Union and may accept a group of Soviet military advisers on its soil for the first time. Defence Minister Salim A 1 Sabah negotiated the agreement for his Gulf
      UPI  -  153 words
    • 266 3 Reuter THREATS OF another UK national dock strike grew after union officials and employers deferred a decision on the fate of a cargo ship carrying urgently needed coal for a Scottish steelworks, industry sources said. British Steel Corp is extremely disappointed
      Reuter  -  266 words
    • 167 3 Reuter PAUL Volcker, chairman of the Federal Reserve in the United States said the Fed's monetary targets could accommodate higher than expected economic growth next year without raising interest rates. The US central bank chairman's written comments were made in response to questions from
      Reuter  -  167 words
    • 337 3 Lower estimates take into account robust growth in economy Reuter PRESIDENT Reagan on Wednesday lowered the politically volatile estimates for US budget deficits in 1984 and 1985 to take account of robust growth in the economy. His Office of Management and Budget
      Reuter  -  337 words
    • 168 3 Reuter DEMOCRATIC presidential nominee Walter Mondale has accused President Reagan of rigging his latest estimates of US budget deficits in a deliberate attempt to mislead Americans. "The numbers that came out was his second bad joke of this week," he told more than a thousand
      Reuter  -  168 words
    • 139 3 Reuter NUCLEAR power will provide 15 per cent of world electricity next year in spite of a decline in plant construction. The UN International Atomic Energy Agency (lAEA) said in its annual report on Wednesday that at the end of last year,
      Reuter  -  139 words
    • WORLD IN BRIEF
      • 85 3 Agencies UNIONS representing 20,000 Pan American World Airways employees called a strike in New York on Wednesday to protest a freeze in pension benefits, but called it off after a federal judge issued a temporary restraining order against the action. The brief strike did not appear to
        Agencies  -  85 words
      • 67 3 BRITONS are becoming increasingly dissatisfied with Prime Minister Margaret Thatcher, according to a British newspaper opinion poll published yesterday. The Daily Telegraph poll showed that only 39 per cent of the 871 voters surveyed throughout Britain were satisfied with Mrs Thatcher as Prime Minister. The number expressing dissatisfaction
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      • 85 3 CHINESE officials will visit United Nations drugs control organisations in Vienna next month for talks on bringing Beijing into the global drugs control system, UN sources said on Wednesday. UN drugs control officials who visited China last year found Beijing concerned that drugs control treaties might infringe
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      • 82 3 OIL DEMAND in the US rose 4.3 per cent in July above levels for the previous year as falling pump prices prompted motorists to use more petrol, the American Petroleum Institute reported on Wednesday. US demand for petrol and other oil products increased to 15.66 million
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      • 85 3 THE UN Sub-Commission on Human Rights heard allegations on Wednesday that grave maltreatment of mental patients have been taking place in Japan. A representative of the New York-based International League for Human Rights told the sub-commission that beating and deaths regularly occurred in privately-owned Japanese mental hospitals and
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    • 293 4 NYT A WEST GERMAN economic research institute supported by private business and industry has accused the US of "high technology protectionism" in trying to keep its lead over Japan. The Cologne-based Institute of German Economy (IW) said in a statement released on Wednesday that
      NYT  -  293 words
    • 743 4 ARRIVALS Operator Service number Local time From PAA PA5 0020 JFK/SFO/HKG SV SV379 0030 SEL JAL JL1767 0030 BKK MAS MH681 0820 KUL CAL CIOIO 0825 JED/DHA MAS MH601 0905 KUL MAS MH67I 0935 KUL MAS MH811 0940 PEN SWR SRI 76 0945 ZRH/BKK RBA BI42I 1000
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    • 244 4 Reuter US manufacturing firms have higher profit sales ratios, more internally retained assets and greater financing capacity than Japanese firms, according to a Sumitomo Bank Ltd survey. The survey compared 1,200 Japanese manufacturers with 2,700 US firms. The US firms had an average current profit to
      Reuter  -  244 words
    • 239 4 AFP WEST GERMAN Chancellor Helmut Kohl faced new political embarrassment on Wednesday after his Deputy Foreign Minister Juergen Moellemann. 38, was accused of making "antiSemitic" remarks at a press conference on Monday. The new row blew up less than two months after then-economy minister
      AFP  -  239 words
    • 70 4 Reuter PRESIDENT Suharto has defended the role of the armed forces in Indonesian politics and denied that it stifled the growth of democracy. In a speech yesterday to the nation on the eve of Independence Day, he emphasised his commitment to freedom of speech and assembly,
      Reuter  -  70 words
    • 357 4 Reuter ABOUT 600 of the world's leading computer scientists will meet in Tokyo this autumn to chart future research towards the building of a super-comput-er able to think for itself, Japanese Industry Ministry officials said on Wednesday. They said the scientists would review
      Reuter  -  357 words
    • 428 4 Reuter CHINA AND India have taken an important step towards improving their strained and sometimes hostile relations by signing an agreement which could boost trade between the two countries to US$l billion within five years. But continued disagreement over their long Himalayan border, which
      Reuter  -  428 words
    • 78 4 UPI Photo. Prime Minister Yasuhiro Nakasone of Japan is escorted by Shinto priests as he visits Yasukuni Shrine, a Shinto memorial to Japan's war dead, on Wednesday, the 39th anniversary of Japan's defeat in World War 11. Opposition groups had appealed to Mr Nakasone not to visit
      UPI Photo.  -  78 words
    • 198 4 AFP JAPANESE Prime Minister Yasuhiro Nakasone has urged Iran and Iraq to find a "point of compromise" to settle their conflict as soon as possible for the sake of world peace. Japanese Foreign Ministry officials said Mr Nakasone made the appeal on
      AFP  -  198 words
    • 321 4 AFP CHINESE OFFICIALS will meet in Beijing on Aug 22 to discuss new US country-of-ori-gin rules threatening the jobs of 50,000 textile workers in southem China, said a Hongkong source close to the Chinese textile industry yesterday. Under the new rules, garments made up of
      AFP  -  321 words
  • Page 3 Advertisements
    • 286 3 TITANIC Profitable Power! new T Series. TK«7 04 3-3(7 890 wv- CWMMOj 11ft i J*- The new generation direct injection SL 35 litre engine incorporates advanced technology for high power and high torque At the same time it increases fuel efficiency and significantly reduces both noise and vibrations The new
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  • RAW MATERIALS
    • 462 5 Reuter THE PRICES OF many of the raw materials that fuel industry and feed the world have taken a nosedive in recent months, posing problems for producer nations. Commodity prices, which were very low in 1981 and 1982, began to rise last year,
      Reuter  -  462 words
    • 143 5 Chinese Produce Exchange (Sellers' noon doting price» on Aug 16. SV100 kg) Coconut oil Bu* FOB ***** CHd drum FOB 223.00 New drum FOB 227 00 Copra Mixed (loose) 112.00 buyers Pepper Muntok white FOB NLW 657 50 Sarawak white FOB foq NLW 650.00 Sarawak special block FOB
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    • 135 5 Singapore (S$/Mo, ei-godown) Thai white 100% 1st class (kangaroo) 1.05 new crop 100% 2nd class 0.77 100% 3rd class 0.75 25% new crop No stock B-10% No stock Thai broken A-super 0.65 Special 0.60 Thai rice 55% No stock China rice 10% m 0.92 15% No stock 25% No
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    • 239 5 SINGAPORE The market closed easier yesterday with September One RSS buyers quoted at 188.00 cents per kg, down a quarter cent from Wednesday. The morning session opened threequarter cent lower following easier London advices but picked up later on light buying of September and October before profit-taking emerged to
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    • 299 5 RAS prices (in S cents/kilo, FOB in bales) NOON CLOSE Buyers Stllifi Buyers S«||«n Int 1 RSS prompt 184 00 I85 00N 183 75 184 75N Int 1 RSS Sep 188.25 188 75 188 00 188 50 Int 1 RSS Oct 193.00 193 50 192 75 193.25
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    • 104 5 c*ntt/l ton pallets) September October (current mth) (forward mth) NOON NOON RAS Sellen Buyers Sellers SSR20 190 50 192 50N 192 50 I94 50N SSR50 186 50 190 50N 190 50 192 50N MRELB Buyers Sellen Buyers r ii jeuers SMR CV 234 50 236 50N 236
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    • 81 5 THE Straits tin price la Penang yesterday remained at the IT A Door level ef Ms2t.ls per Idle, reflecting continuing absence of foreign demand. Dealers noted strong sspport at this level by the boiler stock manager aad little boylng from local Interests, as seatiment was dampeaed by a
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    • 94 5 CHICAGO wheat futures closed 2Vi to three cents lower on Wednesday in extremely light trade. Prices improved late as a spate of buying interest in the soybean pit spilled over to wheat, but perceptions of abundant world wheat supplies for the *****5 crop year kept the tone weak. Cargill
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    • 132 5  -  By MICHAEL NEILL MALAYSIA Mining Corporation commenced trading on the LME this week after acquiring its ringdealing seat in last December. This is the first time a publicly financed producer has been permitted to trade on its own in the LME ring. This move by
      132 words
    • 165 5 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 3,450 Blue Phoenix 20's 3,550 Blue Phoenix 32's 3.900 Bhje Phoenix 40's 4,350 Carded yorn, hank Blue Phoenix 21'* 3,600 Combed yarn, cones Blue Phoenix 32's 5,250 Blue Phoenix 40's 5,450 Open-end yarn Blue
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    • 180 5 MALAYSIAN crude palm oil prices closed lower yesterday on renewed selling prompted by easier Chicago soy futures, but concern over the spillover effects of the financial difficulties suffered by Socoil Corp Bhd, a leading Malaysian palm oil refiner and shipper, restricted trading activity. August deliveries in the central
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    • 77 5 CHICAGO soybean futures closed 2Mi cents per bushel higher on Wednesday in August to 2'A cents lower in January, with November ending near the top of a 12-cent range. Prices rallied late, sparked by purchases bv a prominent local. Soyoil futures ended 1.03 cents per lb lower in limitless
      77 words
    • 429 5 Reuter CHINA HAS set itself a course in agricultural production which looks set to go from one record to another with little to stop it at the basic farm level, foreign agriculture experts and Chinese officials said. Since China instituted sweeping rural
      Reuter  -  429 words
    • 916 5 COFFEE Robusta futures ended a subdued morning yesterday £6 to £4 below Wednesday night's close, with November down £5 at £2,307 amid an absence of fresh fundamental news. The 15 day average rose slightly to 139.78 cents per pound for Aug 15, while the ICO daily price declined
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  • Page 5 Advertisements

  • BANKING AND FINANCE
    • 366 6 Reuter. THE PARENT company of America's biggest savings bank, Financial Corporation of America, said it lost U5579.9 million this year, reversing earlier statements that said it made $75.3 million. The company added that it expects more big losses for the rest of the year.
      Reuter.  -  366 words
    • 113 6 UPI AMERICAN consumers increased their instalment borrowing by a near-record US$7.B billion in June, the Federal Reserve said on Tuesday. The total expansion in outstanding credit was the second largest on record, behind May's all-time high of US$lO.2 billion. The heavy pace of consumer borrowing,
      UPI  -  113 words
    • 198 6 FT WEST GERMANY'S cooperative banks have agreed to pump 144 million Deutschemarks into Volksbank Oberhausen, one of their members which got into difficulties after the collapse of a property group to which it had lent funds. The action constitutes the biggest rescue
      FT  -  198 words
    • 352 6 Reuter ARGENTINA is under increased pressure to reach an agreement with the International Monetary Fund (IMF) after creditor banks refused to renew a US$l25 million loan, banking sources said. But few bankers saw a clear outcome to the country's complicated debt problems. One banker
      Reuter  -  352 words
    • 558 6 SINGAPORE: The dollar finished slightly higher yesterday against most major units after fluctuating narrowly in light trading. No clear trend emerged for it. The dollar closed slightly firmer at 2.8585 95 marks compared with New York's 2.8535 45 close and at 240.95 241.05 yen against 240.45/55. It closed
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    • 253 6 Interbank rates at 3pm Currancie* Nominal rata* Local doilors to quoted yea tardey rroet parity change one unit of foreign currency: US dolor 2 1390 2 1400 ***** -24 14 Sterling pound 2 8288 2 8322 7 3469 -61 50 Austrohon dollar 1 8021 1 8050 3 4286
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    • Article, Illustration
      248 6 Asian market ASIAN dollar deposit rates closed steady yesterday at lower opening levels in thin afternoon trading. Fixed $ites eased between 1/16 and 1/8 point at the outset partly due to remarks by Fed chairman Paul Volcker that next year's monetary growth range targets could accomodate more rapid economic expansion
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    • 298 6 SINGAPORE Futures yesterday recovered slightly from early losses in fairly active trading on some late buying, but still closed lower than New York's levels. December, the only traded position with a turnover of 801 lots, closed at U*****.00 an ounce against New York's $365.50/366.00 close and compared with an
      298 words
    • 112 6 THE OVERNIGHT rate firmed by 3/16 per cent to close at 83/16 per cent on the Singapore interbank market yesterday. Term rates for one, two and three months remained unchanged. S$ interbank rates at 3pm yesterday Offer Bid Overnight 8 3/16 8 1/8 1-month 8 3/16 8 1/8
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  • Page 6 Advertisements
    • 92 6 British f You can fly to Australia with Australia, the chances are that the British Airways any day of the week, world's favourite airline will have a 'And we offer you a choice of five flight to suit you. destinations. For further details contact your Our 747's fly direct to
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  • AIR CARGO
    • 206 7 ARRIVALS DEPARTURES Operotor Flight Local From Operator Flight Local For number time number time FRIDAY FT FT79 2355 JFK/ORD/ FT FT78 0135 KUL/TPE/ ANC/NRT/ NRT/ANC/ TPE ORD/JFK JAL JL617 0705 KUL SATURDAY CAL CI331 0150 TPE FT FT76 0255 HKG/NRT/ ANC/ORD/ JFF CV CV796 0845 LUX/AUH CAL CI334
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    • 79 7 BRITISH Caledonian intends to start a daily wide-bodied service between London and New York next spring. The airline has held a licence for flights to New York for some time. But it had not been able to operate the flights because of
      79 words
    • 246 7 TIGER INTERNATIONAL has reported a second quarter profit of U*****,000, or three cents per share, a marked improvement over last year's loss of $28.95 million, or $1.71 per share. Revenues increased 16 per cent to $338.66 million. The Flying Tiger Line, a subsidiary of Tiger
      246 words
    • 311 7  -  By LIM SOON NEO TRAINING of employees in the air freight industry has been centralised for greater uniformity in standards. The Airfreight Promotion and Marketing Team (APMT) of the Department of Civil Aviation (DCA) has been chosen to organise the training. This follows agreement
      311 words
    • 71 7 FLYING Tigers has opposed Lufthansa German Airlines' application to the Civil Aeronautics Board for rights to carry cargo between Anchorage and points in Japan and Korea. Lufthansa claims that the service in the market is inadequate, but Flying Tigers has asserted that "there is
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    • 473 7  -  By WANG LOOK KEAH, Transport Correspondent SINGAPORE Airlines has decided to buy the 8747 Combi aircraft. With the addition of this aircraft to its wholly passenger fleet, SIA will be better placed to corner aggressively the growing international cargo business and thereby improve its
      473 words
    • 154 7 AIRBORNE Freight Corporation's half year revenue increased 27 per cent to U*****.8 million. Its net earnings increased by 44 per cent to $4.9 million and per share earnings gained 29 per cent to 84 cents. Revenues for the second quarter were $102.2 million,
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    • ON THE WING
      • 41 7 ALOHA Airlines of Hawaii is planning to fly between Hawaii and Japan. Plans are afoot to serve Tokyo and Nagoya with passenger and cargo flights. This follows its recent inauguration of transPacific services from Hawaii to Guam and Taipei.
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      • 43 7 GOVERNMENTS of Britain and South Korea recently signed an air agreement allowing the two national carriers to operate direct flights between the two countries. The pact was signed by UK Trade Minister Paul Channon and South Korea's Foreign Minister Lee WonKyung.
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      • 41 7 The Civil Aeronautics Board intends to allow Pacific Air Express, a Hawaii-based air taxi, to provide freight and mail transportation service. PAE will be able to operate large aircraft between states and within the State of Hawaii.
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    • 173 7 Cargonews Asia TWENTY years ago, a consignment of artificial flowers was loaded on a ship travelling from Hongkong to Vancouver. There, the 75,000 kilogram "bouquet" was transhipped by several freighters and passenger aircraft to New York. Air Canada called this first hybrid shipment "sea-air" and
      Cargonews Asia  -  173 words
  • Page 7 Advertisements
    • 172 7 A t yjk 'j <7*k'|j' ii.L>— rk;—A\\\ 51s k; a4l i S: If I S«A# =3*£f /S w E&r o* -HLs 52> r vi 'i r i SR n 3 R Americaya's 10th Anniversary Sales is now on from 17th August to 30th September 1984! For every $50 purchase of
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    • 139 7 Baron's Table Sunday Branch... you'll love it! Give mum a break this Sunday and bring the family in for our taste-tempting Brunch. For starters, there's an array of appetizers to choose from. Our Brunch also boasts our famous roasts like baby chicken, loin veal, pork, ham, lamb and sausages. Besides,
      139 words

  • FEATURES
    • 404 8 THE CONTINUING saga of Professor Kingsfield and Mr Hart going through their weekly teacher student, father, son routine in the television serial Paper Chase, must suggest that the legal profession is endlessly exciting. But to any law undergraduate who has burned the midnight oil poring
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    • 1402 8  -  Singapore's latest breed of entrepreneurs are off to a good start By AMY BALAN IMAGINE EARNING as much as US$4O,OOO in five weeks, with no paperwork, no overhead expenses, flexible working hours, paying only 10 per cent tax and to top it all, no boss
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    • 129 8 INTERESTED la beeamlng a "teal"? Belaw Is a list at Slmex ladivMaal membership requirements and the cast involved: Bay a seat (ram Stmex. Cast: $51,M1. lastallmeat plaa available W,*l down payment aad the remainder payments can be spread aver 18 maaths. Alternatively, Instead ef baying,
      129 words
    • 484 8 Letter to the Editor ANY COMPETENT INVESTOR will take note of the environment in which his company is working. If the price of gold shoots up, shareholders in a gold mining company would expect higher profits and it would become inside
      484 words
    • 1310 9  -  With the market coming out of its slump, Singapore is looking for a greater share of the glitter By MONICA GWEE DIAMONDS are not always forever just ask any speculator or trader who saw and suffered the diamond market collapse three years ago. The world trade
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  • Page 8 Advertisements
    • 104 8 Live m m?m WmmY'r" BBSS *s tr V, m r v «;>s a uuie mi more. Get in touch with life's more exciting moments. Sport on land and sea by day... wine, dine and dance through the night. Become inspired by the tranquility of the sea from your room. Life
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  • Page 8 Miscellaneous
    • 642 8 CRYPTIC PUZZLE ACROSS 4 A tenor with no fixed engagement (6) 7 Took a chance with money (6,2) 8 Fast models can give one a right score (6) 10 The vessel you want when Hok's bursting? (5) 13 Little beast having a weekend at the Ministry (4) 14 Metal ob|ect
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  • Page 9 Advertisements
    • 333 9 October means business at ftrCompAsiaB4 3rd South East Asian Personal Business Computer Hardware Software Show 29 October —2 November 1984 World Trade Centre Singapore A fully compatible family with two exciting offspring ijj The New Apricot F1 and Apricot Portable 16-bit business microcomputers will be launched in Singapore at PerCompAsiaB4
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  • Page 9 Miscellaneous
    • 1224 9 w sm HIGHLIGHTS CHAHNIL 8 I RADIO ONE 1 Friday Night Movie 10,10 pm Channel 5 Chariots of Fire The Academy award winning film on two men's ambition to achieve greatness in the 1924 Olympics. 5.30 PM SBCText "Live" Sample Pages 6.00 Opening and Programme Highlights followed by Let's Al
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  • INTERNATIONAL STOCKS
    • 306 10 Reuter INTERNATIONAL Business Machine Corp's new top of the line personal computer the PC-AT is not expected to add significantly to sales in the short-term and may even bite into sales of its other models, analysts said. "They did a good Job of
      Reuter  -  306 words
    • 160 10 NYT TRANS WORLD Airlines (TWA) has announced a major realignment of its senior management aimed at what it called "improved responsiveness to the deregulated industry environment and greater accountability at all levels." Announcing the changes in New York on Tuesday, CE Meyer, the president and
      NYT  -  160 words
    • 276 10 UPI THE stock market suffered its worst loss in a month on Wednesday in moderately active trading when an afternoon rally attempt fizzled on investor uncertainty about interest rates. Some selling was triggered by news that the Financial Corp of America's American
      UPI  -  276 words
    • 132 10 AUG 15 c$ 28* Hud Bay Imp Oi Inco Int Prov P*>« 7* 38* 14* 31 38 v» •H unch Int IM 25* 21'* Intf NKkH Kerr Add 16* Bonk Novo Scoho 12 32* Lobftow B Mou«y Fwg 15V. 3950 unch 24Vfc -V* Mc Bk>de« 26* 32* •14 MoHon
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    • 173 10 AUG IS Mmmd INDUSTRIALS Trust Bk Un Steel Urnsec 260 105 5308 unch unch 780 unch WooJworth 1375 55 MININGS AE And O 785 10 20 Anglos 2275 -25 AM? fOP ***** Angtvoa* 1825 -35 1210 10 C G Smrth 7908 15 CNA 210 10 1060 10 370 5
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    • 692 10 AUG IS USS ACF Industries 29^» Alcoa 36 W -1* AWgheny Lud Afced Own Cp AM Slorn Afcs-Chafeners Am Brandt inc Aid Broadcast Am Can Co Am Cyonorrvd Am Elec Pw Am Express Am Horn* Prod Am Motors Cp Am Natural Gos Am Tel Tel 21 32 45*
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    • 515 10 Amsterdam AUG IS Fh A.BN 301 50 -8 5 A egon 118 50 -1 Ahold 193 00 -0 28 Aklo 90 00 -16 AA*EV 156 50 -05 5300 -1 8 Baft Boh 90 00 -05 Bonuni Botfca 26 30 -0 2 B^rte' Cetand 33 00 unch Dak M,
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    • 299 10 Reuter WEST GERMAN banks' profits rose markedly in 1983, showing a strong upward trend for the fourth year in a row and enabling provisions to be made against risks in domestic and international credit business. In a study on 1983 bank profitability in
      Reuter  -  299 words
  • Page 10 Advertisements
    • 214 10 iii -The Summer ftJace proudly prevents m i special luncheon menu. t\Ne can think of sixteen reasons why you should try our unique new menu... Braised fish maw soup with crab meat, braised fungus soup with assorted meat, braised bean curd with vegetables, x braised diced chicken with fresh milk,
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    • 117 10 Spectacular Double Bill Cedric Debbie m Kattiy Los Amors excitement hits ROBIN S TAVERN Two popular groups entertain from 5 15 p m onwards A single group performs on Sundays and Mondays Order a glass of White Horse TT>v Whisky, Bell Whisky, Seager Gin, A Bisoiiit VSOP and get a
      117 words
    • 167 10 The President Lounge presents -> <&[<* 4l *i The Nightingales, a captivating all-girl band from Taiwan will sing your favourite numbers while you unwind after a hard day's work with a favourite dnnk Relax with The Nightingales and The New Sensations our throbbing resident band Hours: Daily President's I Ipm
      167 words
    • 108 10 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. TPy
      108 words
    • 142 10 London stocks, >w:v*4r 4 Feng Cheng Lou for the best Teochew food in town. Discover lV mouth-watering delights prepared by hong Kong chefs. And feel like fry 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
      142 words

  • v
    • 363 11 HONGKONG: Share prices closed mostly lower yesterday, reflecting diminishing speculation about an imminent cut in local interest rates. Selling by small investors was noted despite an easing in interbank rates, which usually paves the way for a cut in prime and deposit rates. Among leaders, Cheung Kong dropped 10
      363 words
    • 290 11 AUG 16 Al Sincere Indus A mo Cement Cathoy Cons Chang Hwo Bank Chen Loona Chta Hsm Cement China Chem NT 750 25 40 30 70 6000 24 50 28 10 1600 -0 05 -0 1 unch 05 -0 2 03 -0 1 Chem Indus Lien Hwa Indus Nan
      290 words
    • 459 11 TOKYO: Share prices ended lower yesterday after a volatile day's trading with fresh institutional buying lifting values from the lows towards the close. The unrest on Wall Street on Wednesday, caused by nervousness over the US financial system in general, depressed sentiment here, and populars came in for fairly
      459 words
    • 84 11 Aug 16 Bonk Seoul Won 670 670 unch 5 Hyundoi Corp Hyundoi Motor KAL Korea Frst 1011 644 491 735 1201 -10 -16 2 +4 1 Commerciol Bk Doekm Ind 701 625 525 +21 30 -3 Korea Ship Lucky Ltd 426 810 790 1 -10 -4 Daewoo Ind Dong
      84 words
    • 144 11 BANGKOK: Share prices closed higher yesterday in active trading with the Book Club Index rising 0.26 to a six-and-a-half month high of 120.53. Turnover rose to 1.75 million shares worth 177.4 million baht compared with 1.46 million shares worth 72.9 million baht on Wednesday. AUG 16 S«om City Aokham
      144 words
    • 468 11 SYDNEY: Australian share markets closed steadier yesterday as traders elected to ignore negative signals from abroad and take encouragement from local bank prime rate cuts and a surplus of cash in the system. At 1500 local time, the All Ordinaries Index was up 0.8 point at 736.0 points, the
      468 words
    • 134 11 MANILA: Share prices closed mixed yesterday in continued dull trading because of the tight economic situation in the Philippines. The Commercial and Industrial Index was down 2.46 at 111.46, the Mining marker was up 0.038 at 915.82 and the Oils Index was up 0.0006 at 0.0662. PLDT rose to
      134 words
    • 66 11 Reuter THE HONGKONG LAND Co Ltd said it concluded a property exchange with two joint venture partners. It said it acquired the interests in a 134,000 sq ft site of a proposed recreational development in Hongkong held by New World Development Co Ltd and Wing
      Reuter  -  66 words
    • 259 11 Bernama THE JOHORE State Economic Development Corporation (SEDC) is still looking for potential buyers for the fish-ferti-liser factory in Mersing belonging to one of its subsidiary companies which was closed down some seven years ago. An SEDC spokesman said yesterday that several
      Bernama  -  259 words
    • 132 11 AP MAJOR Japanese and EEC electronics comapnies will meet in Tokyo on Oct 3 to discuss long-range market prospects and technological development, Japan's Federation of Economic Organisation reported on Wednesday. It will be the second meeting of its kind, with the first one held in Brussels
      AP  -  132 words
  • Page 11 Advertisements
    • 72 11 i ]jOCdlßM§2t SingaP®. prepared s $12* Pf* Highlighting some of latest and most creati summer collections ii the fashion scene. Every Friday night from J to August 31,1964. 7.30pm Lavish barbecue dinner with a selection of Japanese specialities 9.00pm Fashion Show Poolside, sth Floor Royal Holiday Inn Singapor $25.00 per
      72 words
    • 148 11 I Just the right touch of magic to turn your night into Gold. Music by Bacchus International of London IV t' re < >pcn S UN I HUH mi :<> ,i mi I list cirmk t ii,irq». >22 M'tvire < harqi- (,-ss IHI SAT .iiu! evvs ,»f Public H< >Ikl<k'
      148 words
    • 109 11 I Paramount Hotel v Where the happy people go ETTvI m 9L. S 7 zv&ncfe 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: Daily Buffet Breakfast: $11 50 Buffet Bonanza Indonesia Festival of
      109 words
    • 72 11 to a sizzle. I.i.i •ft M if y A seafood barbeque on the roof of the Hilton under a canopy of stars. What could be more tempting? An array of fresh seafood awaits you every Friday from 7 pm 10.30 pm. X WMNU! HUMS IN Tt-RNATION AlBe in vogue .""Hie
      72 words
    • 187 11 Thai Seafood Served I n True Siamese Stvle ,4 Y'/a Thinking of food. Think Thai: Sptcy Tomyum Soup, Charcoal-Grilled Seafood. Royal Thai Seafood and our other delectable Thai Cutsine Or if you're a gourmet cook, take home some fresh seafood from our mini seafood market And cook up a storm.
      187 words

  • Page 12 Advertisements
    • 325 12 Marinara The Ultimate in Luxury and Sophistication Marinara, a prestigious office cum apartment building that will meet the needs of even the most discriminating. Strategically located at the junction of Jalan Tun Razak and Jalan Gurney, it is away from traffic congestion and yet within easy reach of the Central
      325 words

  • SHARE INFORMATION
    • 4219 13 CONTINUING its downward drift, share prices at the Singapore stock market finished mostly lower on dwindling volume yesterday. Both major indices recorded almost identical losses. The BT Composite Index yielded 11.66 points to 832.16 while the Straits Times Industrial Index shed 11.91 points
      4,219 words
    • 257 13 SINGAPORE Rises G E Lit* 1800 GiMMtau 520 Matro HU«t 440 KKom Guon 360 Woad 4 Pan SOS MUI 263 Falls Fad CaM« 332 M Baabmf 900 0 S 780 ICS 665 Sl«i Mm lad 585 Strwtl Trading 535 Mlf Hld9> S0< 230 UOI 478 Lorot Tin
      257 words
    • 481 13 SHARE prices retreated across the board at the Kuala Lumpur stock market yesterday on a lower volume of trading. Brokers said market sentiment was depressed by the sharp fall on Wall Street overnight, which was triggered by general nervousness over the US
      481 words
    • 4164 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 lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT"
      4,164 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 756 14 mm- FT POLITICAL uncertainty has made Hongkong a perilous market for any investor in the past 12 months. That does not mean, however, that there have not been opportunities for the nimbler trader to make money out of the volatility inherent in such a market.
      FT  -  756 words
    • 104 14 Bernama MWE HOLDINGS Bhd has called off proposals to acquire the entire issued and paid up share capital of Syarikat Perumahan Lanchang Sdn Bhd (SPL) and Ong Kian Teck Housing Development Sdn Bhd (OKT). MWE said in a statement that the vendors of SPL and OKT
      Bernama  -  104 words
    • 399 14 THE Timuran group is moving back into the property business with the development of its flagship project called Plaza Atrium, an up-market office building in the heart of Kuala Lumpur's Golden Triangle. The 24-storey building is owned by Ban Seng Development Sdn Bhd, a property development
      399 words
    • 104 14 HONGKONG Australian Industrials Hang Seng Index Thursday 1023.1 Wednesday 1021.7 Thursday 906 19 Week ago 979 7 Wednesday 918 83 Week ago 885.49 NEW YORK Dow Jones TOKYO Wednesday 1198 98 Tokyo Dow Jones Tuesday 1214.11 Week ago 1202.96 Thursday *****.24 Wednesday ***** 50 Standard and Poors Week
      104 words
    • 228 14 Managers' prices for Aug 17 Singapore Unit Trust The Commerce 3 06 3.25 The Savings Fund I 92 2 04 S'pore Prog Fund 1.37 145 S'pore Sec Fund 2.00 2 12* S'pore Invest Fund 1.17 1 24 S'pore Equity Fund 1.36 144 Asia Unit Trust Second B'putro Third
      228 words
    • 2526 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 80S) Alcorn (2.126 2.165) (1) 2 14
      2,526 words
    • 412 14 Bernama PAN MALAYSIA Cement Works Bhd, a member of the Malayan United Industries group, is confident of maintaining satisfactory results for the current year in spite of growing competition. Chairman Datuk Khoo Kay Peng said in the company's latest annual report
      Bernama  -  412 words
    • 27 14 VENEER Predicts Limited: 25th AGM and EGM on Aug 27 at 3pm in in Prosperity Room, 3rd Storey, The Plaza, 7500A, Beach Road, Singapore 0719.
      27 words
    • 306 14 Bernama SHOEMAKERS Bata Malaysia Bhd has chalked up an 18.8 per cent increase in pre-tax profits for the half year ended June 30, 1984 to MR76 million from $3.93 million in the previous corresponding period. This was achieved on a six per cent jump in turnover
      Bernama  -  306 words
    • 357 15  -  By CHEN QINGSHUN MAGNUM CORP Bhd, a fourdigit betting operator and finance group, has reported a commendable 28.2 per cent increase in group interim profits before tax to M 523.96 million, in spite of a marginal drop in turnover. The company, an associate
      357 words
    • 140 15 AFP STANDARD Telephones and Cables (STC) has increased the value of its takeover bid for International Computers Ltd (ICL) by nearly 20 per cent, and is assured of support from ICL management. But the offer for ICL, Britain's biggest computer manufacturer, must
      AFP  -  140 words
    • 972 15 ■stoma sjsscl» By HOCK LOCK SIEW UNITED Industrial Corporation is going through a rough patch trying to figure out how to operate in Hongkong. Its experience so far, in trying to secure a controlling interest in Hongkong's Tai Sang Land Development through a conditional
      By HOCK LOCK SIEW  -  972 words
    • 1352 15 SHARE prices opened lower yesterday following the overnight falls on Wall Street. At noon, the FT-30 index was down 10 points at 831.6 while the FT-SE 100 lost 12.4 points at 1070.5. Leading equities fell sharply, with BTR, Grand Met and ICI between 6p and lOp lower. Yesterday's
      1,352 words
    • 741 15 A MARKED improvement in Sime Darby Bhd's result for the year to June 1984 has been forecast by many investment analysts. Projections for the group's pre-tax profits range from Msl9s million to $210 million with most analysts placing their estimates closer to the
      741 words
    • 438 15 Bernama KUMPULAN Emas Bhd's (KEB) recent public share offer of 7.3 million shares has been over-subscribed by 42.5 times. A total of 261,100 applications for 317.6 million shares poured in for KEB's "golden" share offer, which involved a public issue of 16.2 million shares
      Bernama  -  438 words
  • Page 14 Advertisements
    • 256 14 NOTICES LOST CERTIFICATES Applications have been made to the directors of the undermentioned companies to issue duplicate share certificates in place of the following share certificates which have been reported lost or destroyed INTRACO LIMITED (Incorporated in the Republic of Singapore) COmFICATE NO. M NAME Of NO OF SHAKES *****91
      256 words
    • 130 14 WANTED TO BUY: MAJORITY SHAREHOLDING :rj »/i i;«i m :rw.\n 4 A top-ten' Singapore-based advertising agency is interested in acquiring majority equity in a local advertising agency with good growth prospects. Interested parties should, in the first instance, kindly write to the address below stating current billings, number of staff,
      130 words

  • Page 15 Advertisements
    • 28 15 /sign of if Wd y service W For details write to Lombard North Central PLC. Banking Services Dept 510 17 Bruton Street London WIA3DH England Telephone 01-409 3434
      28 words
    • 184 15 THERE'S NOTHING WE CAN TELL YOU ABOUT THE EQUATORIAL THAT YOU DON'T ALREADY KNOW Ji WW*#*"*. X EXCEPT, PERHAPS OUR LITTLE GESTURES THAT HAVE BECOME ATRADITDN. You probably know about our 3(M) furnished rooms and suites, our famous restaurants, the Kampachi. the Golden Phoenix and the (Ihalet, our freshly-brewed Espresso
      184 words

  • 505 16  -  By SOH TIANG KENG, Banking Correspondent A TOP European banker and former banking commissioner for Luxembourg, Dr Albert Dondelinger, yesterday called for a review of Singapore's tax treatment on offshore fund management. He said: "There are too many ambiguities and apparently,
    505 words
  • 131 16 AP PRESIDENT Suharto said yesterday that Indonesia has made economic progress despite the prolonged global recession. Speaking in Parliament on the eve of the country's 39th independence anniversary, he said that in the last five years Indonesia had achieved an economic growth rate of
    AP  -  131 words
  • 227 16 ARAB-MALAYSIAN Merchant Bank, Kleinwort Benson Ltd, and Hanafiah Raslan and Mohamad have been appointed advisers to the Malaysian government on the privatisation of the Telecommunications Department. Arab-Malaysian will be the lead financial adviser. The exercise is significant in that Malaysian Telecoms will be the first
    227 words
  • 82 16 A FIRE at the Singapore Refining Centre on Pulau Merlinau early yesterday morning was brought under control within one hour by the centre's firefighting staff. The Singapore Fire Service provided back-up support. No one was injured but the fire damaged one of two crude distillation
    82 words
  • 305 16  -  By TSANG SAU YIN GEORGE CHAN, former managing director of Singapore Airlines, has struck up a business venture with Mr lan Batey of Batey Ads, the advertising company that gave the world "Singapore Girl". Together with an Australian, Lionel Hunt, creative
    305 words
  • 296 16 AUSTRALIAN pig producers have fled their Queensland sties in an attempt to persuade Singaporeans that Aussie chilled pork is as good, if not better, than our home-reared product. Three major Australian pig suppliers are in Singapore to appoint local importers for
    296 words
  • 226 16 THE MINISTRY of Labour is to spend about $70 million on a new building at the junction of Winstedt and Bukit Timah Roads to bring all its departments, now scattered over the island, under one roof. The building, due for completion in
    226 words
  • 117 16 RAINFALL for the first half of August was above average over half of Singapore. The highest rainfall of 100 to 130 mm fell in the northern part of the island while the lowest rainfall of 30 to 40 mm was near the Changi area. The prevailing south-west
    117 words
  • 54 16 AFTER a mixed opening, stock prices turned higher yesterday as bargain hunting gained momentum. The Dow Jones Industrial Average, which slipped 15 points on Wednesday, recovered seven to over 1206. Overall, gainers held a three to two lead over losers, which reversed an earlier trend. Volume was
    54 words
  • LATE FILE
    • 47 16 AFP TOP Chinese leader Deng Xiaoping told US doctor Samuel Ting yesterday that he was "fit as a fiddle", just a week away from his 80th birthday, according to a report in the New China News Agency. AFP
      AFP  -  47 words
    • 43 16 Reuter A CYPRIOT ship radioed for help on Wednesday after it was severely damaged by a mine in the Red Sea, said Lloyd's Shipping Intelligence. The Theoupolis's May Day signal was picked up by a Liberian tanker.
      Reuter  -  43 words
    • 55 16 AFP A PAKISTANI tanker was attacked off Bahrain on Wednesday by an unidentified plane which fired two missiles, just missing the bows of the ship, the owners of the tanker said. The MT Johar continued to the Saudi Arabian oil terminal at Ras Tanura to take on
      AFP  -  55 words
    • 39 16 AP IRAN'S main exile opposition group, the Mujahedeen, claimed that since the beginning of the year, Iran's Organisation of Military Industries has been involved in a top secret project to produce sea mines. AP
      AP  -  39 words
    • 41 16 AP MALAYSIAN police have rescued 256 people out of the 270 believed to have been on board an Indonesian boat which sank in the Sulawesi Sea off Semporna, a state in Sabah, two days ago. AP
      AP  -  41 words
    • 36 16 UPI A SOVIET cargo spaceship docked with the Salyut-7 space station yesterday, bringing mail and supplies to three cosmonauts closing in on the 211-day space endurance record, said Tass news agency. UPI
      UPI  -  36 words
  • Page 16 Advertisements
    • 36 16 THE PLAZA SERVICE ABUTMENTS Managing Agent 111 l UNITED OVERSEAS LAND LIMITED mll£ 7500 A Beach Road. #02-305, The Plaza Singapore 0719 Tel: *****11 or *****33 LINGUAPHONE INSTITUTE OF LONDON THE LANGUAGE MASTER STP DISTRIBUTORS-TEL: *****08
      36 words
    • 305 16 Here's Where You Can House Your Entire Business All In OFFICE WAREHOUSE GOODS HOIST WASHROOM CARFARK i Save time and effort by having your entire business in a 3-storey Terrace Warehouse cum Office. Intrepid Investments Pte Ltd has the right idea in its Intrepid Warehouse Complex, a project comprising only
      305 words
  • Page 16 Miscellaneous
    • 47 16 'mMim Outlook for today: Fair. Report for 24 hours prior to 7.30pm on Aug 16 at the airport Maximum temperature 32.3 Associated humidity 69 Minimum temperature 26.1 Associated humidity 92 Hours of sunshine 6.85 Rainfall in millimetres Nil Rainfoll this month 34.6 Rainy days this month 5
      47 words

  • SHIPPING TIMES
    • PORTSIDES
      • 105 17 AFP A BRITISH company has developed three sails that will be used to power a 3,000-ton ship, the first European commercial vessel to use wind power since the disappearance of the great sailing ships. The sails will be fitted to a ship belonging to Rowbottom Tankships, according
        AFP  -  105 words
      • 92 17 BECAUSE of defects discovered in a number of Beaufort liferafts, the Singapore Marine Department has advised the shipping community that owners of those liferafts listed in the annex to shipping circular no 7 of 1984 contact their nearest Beaufort-approved service station. The company, Beaufort Air-Sea Equipment Pty Ltd
        92 words
      • 106 17 Reuter BRITAIN, gripped by a 22-week-old miners' strike, faced the prospect of its second national dock strike in a month when dockers protested at plans to unload coal imports from a ship in Scotland. Scottish dockers threatened to strike if workers in Britain's state steel industry unload
        Reuter  -  106 words
    • 550 17  -  By WALTON MORAIS NEDLLOYD Lines is upgrading both its Far East services to East and West Africa even in the face of stagnant trade. The Dutch shipping company will replace its vessel on the East African leg with a larger one and introduce another
      550 words
    • 414 17 NYT EGYPTIAN officials have disclosed new information about Suez Canal traffic that appear to further implicate Libya in the planting of mines in Red Sea waters. Officials also said the Egyptian authorities were now under orders to search all Libyan, Iranian and other "suspect"
      NYT  -  414 words
    • 830 17 Shipping Lin* Pag* Co* Ateo VI 3 Ahrenfciel Lmer VI 5 AC To<plff X 5 Alphotrons VI 4 Alpot VI 5 Arttoro Shpg IV I APC Lme y 4 API 4/5 Arrow Lines X 4 ASCI a I Asrabrofeer V 5 AMa* Lmes X 5 Amtow) Lin*
      830 words
    • 724 18 AP IRAN AND Iraq have attacked 81 ships plying the Gulf since war broke out four years ago and officials say insurance companies have paid out more than half a billion dollars for damaged, lost and trapped vessels. The attacks on merchant ships and
      AP  -  724 words
    • 680 18 UPI FOR 235 years the good ship Amsterdam lay buried in the sand, only her top timbers showing at low tide. She may not lie there much longer. An industrial platform now rises 182 metre out to sea off the
      UPI  -  680 words
    • 1759 18 CHARTERING on Wednesday has mainly been confined to the grain sector of the freight market at generally steady rates, brokers said. An unchanged US$8.50 was paid for 59,000 long tons of grain from the Mississippi to Europoort. In addition, a vessel was fixed for 73,000 long tons from
      1,759 words
    • 636 18 Aug 7-18 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. Aug 39-Sept 9 International exhibition on the industrial methods of equipment installation in shipbuilding, Leningrad. USSR. Sept J-7 2nd international hydrographic
      636 words
    • 212 19 WITH THE advent of the Shipping Act of 1984, many industry observers had earlier predicted an end to the conference system. While that might not be true for now, the conferences are certainly changing. Already, the Pacific Westbound Conference is apparently on the way out, with
      212 words
    • 682 19 HONGKONG shipowner Wah Kwong Shipping and Investment has ordered the world's biggest ore oil carrier at a knockdown price of US$5O million. A contract for a sistership could follow. The 905,000 dwt vessel will be built by Taiwan's China Shipbuilding Corporation for
      682 words
    • 194 19 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.
      194 words
    • 4534 24 QQGaBEKOILa 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
      4,534 words
    • 674 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 Nik Tikhoriov 30BE84 17 8 84 2300 S Soviet 51 0900-1100 B4 E Globe 001E ***** 0500 Green Asia FSB 0700-0800/1600-1700 N2 8 Penago 110/84
      674 words
    • 1752 25 The leading shipping lines operating from local ports and their agents. A-B tfTA African Shipping Agencies iS) ilr»-K»f»«ta liif Transgroup <S> Ahreaklei Uaer Service Kim Shpg (Si Alfred C Tiepler Oceanus Shipping A gen cy (S) Manntex Enterprise (PK) *lpa«" Intrasea (Si Bintang Shpg (Kl.i Island
      1,752 words
    • 501 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Alek Korneychuk 15/6 S'pore Sov alongside 17.8.84/1200 Kuwana Maru 27/8 Integrated alongside 17.8.84/1800 Ned Kyoto 44 Ned-EAC alongside 17.8.84/0600 On Tat 18 Y Fung alongside 17.8.84/1200 One West No 8 33/4 Crown Marine alongside 17.8.84/1500 Sanko Scorpio
      501 words
  • Page 17 Advertisements
    • 422 17 TIMES Business l)iivriory [9 of Sin&i|M>rc (BlKl MHRAH) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE IAHDIN'E ANTAH FULLY CONTAINERISED SERVICE TO EUROPE VIS SUEZ CHMA CONTAKR ?6f CKVAItR DOS 39E WPTUNE CRYSTAL IE MAETERtWCK 2E KOREAN CHANCE IK KOREAN lACEM 25E T BROS 21E ORMTAL CHEF 40f HONGKONG CONTAMER
      422 words
    • 344 17 u UASC NATIONAL LINE OF BAHRAIN. RAQ, KUWAIT, QATAR, SAUDI ARABIA EXPRESS FULL CONTAINER SERVICE UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shenton Way 04 02C Marina Houit Singapore 0207 Tel *****94 Telei No RS ***** CFS oftice TPC 03-30 Tel *****31 and *****32 Terminal office TPC 03-29
      344 words
    • 1132 17 IFULLY CONTAINERISED SERVICE]! w wm.ww, a JE7 caeai :»«ii ORKNTM CHKF 40* NEXT DISCHARGER CHM CONTUCK FAR EAST/EUROPE SP 22/« in n 23/1 19/t 10 IN RD FI H* m HI FROM IH KOFI HA BM »J crown MAKfC Co (PTE) LTD Til 2227*11 U (PCT) let *****6 For wort
      1,132 words

  • Page 18 Advertisements
    • 131 18 w@ FAR EAST/EUROPE CONTAINER SERVICE STRAITS/TAIWAN/JAPAN CONTAINER SERVICE S.E.A./AUSTRALIA CONTAINER SERVICE TO AND FROM AUSTRALIA Also accept cargo to and from BANGKOK DISCHARGING ONLY '[wmnmi warn® TO: EUROPE B TANIONG JUMP* FROM: EUROPE EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT 9 Sep 5 Sep U Sep 17 Sep 14 Sep
      131 words
    • 335 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Whl Pacific North Waat Atlantic/Canada Faadar at Tokyo Faadar at Koba Faadar at Koba m ana u» VII 3/10 u/M »/ie n/ii a/i* 29/19 M/it 27/11 4/11 1/11 TO* BAY SHOMNt MMU NED VAN KCX nuunm tWw cargo to Doha I
      335 words

  • Page 19 Advertisements
    • 682 19 The Straits Steamship Group occ Overseas Containers Limited CONTAINER SHIP SERVICE TO UK/CONTINENT AISO ACCEPTHG CARGO FPU: Hamburg to Coptiduttn. Aartius Gothenburg Malmo. Stockholm Hthnti Sooderthjrj Rotterdam to Antwerp Amsterdam. Oslo Brtmer*iaven to Bremen 'outhampton UK regions, Belfast I Dubkn CONTAINERSHIP SERVICE FROM UK/CONTINENT Ca«n t Bahrain Acceptinf cargo for
      682 words
    • 739 19 NOTICE NOTICE OF REMOVAL HZTTL f7j& A* shipping (Singapore) private limited GOODRICH MARITIME PTE. LTD. Please be informed that with effect from 18 August 1984 our new office will be located at: 10 ANSON ROAD #22-16 A INTERNATIONAL PLAZA SINGAPORE 0207. Our telephone telex numbers remain unchanged. Kindly direct all
      739 words

  • Page 20 Advertisements
    • 674 20 <? Hapag-Uoyd TO CONTINENT UK EXPORTS Renee Rickmets 25/1 26 8 Spore P KeUnf Penf leiioes B*jo Genoa H'bur| Rdam 8 haven Antwerp 25/1 2S 8 251 22/9 IS/S 19/9 Connecting m Tokyo Connecting in Kobe "AKo accepting corgo tor ATLANTIC GULF PORTS via mmilondbndge, and US MID WEST by
      674 words
    • 407 20 m K.iSLINE MOHtM +L J FULLY CONTAIN ERI S EP SE R VICE TO EUROPE VIA SUEZ Member ot ft* Ace ComortMn oMh^c^Conwtwi P K«tjn| IS 8 8 19 6 9 Sport 19 8 8 2 9 7 9 21 8 31 8 31 8 5 9 10 9 14
      407 words
    • 455 20 r EVERGREEN LINE FAR EAST/EUROPt CONTAINER SERVICE ACCEPTMG FCI A ICI CARGO f(5 SGP Mil VIC HBG ru ROM ANN IH* E.«G.»»t If 01 MM lIM 12 M KHIiRIf M E.n GiMwi 2J 01 IS OS OS 22 OS 74 OJ 25 OJ H OS Oabr OJ OJ ft M
      455 words
    • 1048 20 Kit GWAN SHIPPING (M) SDN. BHD. No 26 A JAIAN BERANGAN PORT KEIANG SEIANGOR. MALAYSIA TEL Not 388 782 *****5 *****? *****4,*****2,*****7 W. MALAYSIA/S PORE TO E. MALAYSIA SERVICES: P KIAMG SPORE T RITA KK Skan Tawau In Pt 20 Aug 21 23 Aug tHAII SENANG KK S kan I
      1,048 words
    • 256 20 k.7111 f m a iumj f m9 f US I NOSE El MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Saifaporc P Keianf Load** far: CRYSTAL ROSE 19/1 Noumea, Lautofca. Suva, Papeette. Pago. Apia. Jeyapura KYOWA COSMOS hi Port P Moresby,
      256 words

  • Page 21 Advertisements
    • 841 21 PIL GROUP EAST AFRICA/REDSEA SERVICES KARACHI/P GULF SERVICES VOYAGE SPORE KARACHI KOTA MAKMUR KOTA CAHAYA E-304 E-306 23-26/8 20-24/9 24-27/9 19-22/10 18-19/9 15-18/10 2-13/9 4-12/10 COLOMBO/CHITTAGONG/RANGOON SERVICES BANGKOK DIRECT SERVICES INDONESIA SERVICES PACIFIC INTERNATIONAL LINES PTE LTD PIL BLDG 140 Cecil Street, 03-00 S'pore 0106 Tel: *****33 (20 Lines) DIRECT
      841 words
    • 622 21 BENZINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE mow curort ham City of E4nbw(ti Sated Thames Maru Saded Bfiuton Saded Honfkonf Eiprni Saded Cardan Bji SIM BenaMei 111 luff pool Bai 25 I !ok»o Bji 2i I Kowtoor Bit 1/9 H«i*ur| Eifrm 9/9 STRAITS »0« H»m UK P KfLANGS PORE FOR
      622 words
    • 419 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CONGRATULATIONS BEST WISHES TO THE GOVERNMENT PEOPLE OF THE REPUBLIC OF INDONESIA ON THE OCCASION OF THEIR 39TH INDEPENDENCE DAY ON 17TH AUGUST 1984 Age'U> J Smgapoif EKA JAYA AGENCIES Telephone 913T2? Terminal ??3(i6W A M<*aysta SISAI PTt LID TEL \ANG *****3 RORO CONTAINER SERVICE
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    • 596 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P Kelong Penong Htone Ywo V 194 20/21 Aug 18/19 Aug Pogon V7B 3/5 Sept Avo 28/30 Aug 25/26 Aug LOADING FOR HONGKONG, JAPAN V* BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL
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  • Page 22 Advertisements
    • 813 22 Kline KAWASAKI KISEN KAISHA, LTD. USA CANADA mon PACIFIC COAST (Including DESTINATIONS INLAND via IPI MICROBRIIMiK MINILAND BRIIXiK) FEEDER/ MONTE RUBY V2O MOTHER VESSEL PKLG PLANTH V 4 13 Aug QUE ENS WAY BRIDGE V *****3 Aug IOKYO MARU Vl3 C CONTAINER V26E PLANTIN V 4 CHEVALIER RO2E V39E BAY
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    • 212 22 Ut nil', il l LS2J mj.H.m 70 SHENTON WAV #04 03 MARHA HOUSE SINGAPORE 0707 111 *****11 mix NO RS ***** CfS OFFICE IPC »03 079 Tel *****31 and *****37 TERMIHAt OFFICE TPC *03 030 Td *****90 *****93 If- CHAR CHING MARINE CO LTD RED SEA FULL CONTAINER SERVICE S'PORE
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    • 650 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE l ojtaf tor 10S ANMUS SAN (RANCISCO SEAttlf lICOM* vkNCOUW* BC Accept.* ra fa cwtM! Vc? Sri, ',T AUSTRALIA EXPRESS CONTAINER SERVICE Acceptnf fa/fa CaitMwu PNtUft S pert f rtn n i» A»I »*u( ?o ?i a* u i?Sm« x?/ sept «act Sept
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    • 646 22 SANKD ASIA LINE} FROM JAPANESE POUTS ANO HONGKONG 1 SHMKO MARU 2 KOYU MAMJ 3 NAPtI 4 NTPOMARU 5 MERDEKA t RAJA TMOR 7 FUKUZAKI MARU Smfapore 11/19 Au( 19/20 Au t 20/21 Aut 25/27 Aut 26/28 Aut 2/4 Sept 7/9 Sept P KeUnt 20/21 Auf 21/22 Aut 22/23 Aut
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    • 510 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa' P'aza Singapore 0207 Tel *****1 1 (10 Lines) O JsroiASM-im BREAKBULK SERVICE TO EUROPE/UK MAGIC STAR 88M909 S pore P Ketonj Loadnf for to Port 19/1 ROTT ANT U.K (AVON) SEAWOOD SHIPPING CORPORATION S pore P Kelang load™ tor FORT YALE
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  • Page 23 Advertisements
    • 665 23 »L NOL NEPTUNE ORIENT LINES LTD: TO EUROPE/UK (Vl* SUEZ): Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times FCL Cargo 1300 21/8 LCL Cargo 0100 21/8 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: An Asia SURABAYA JAKARTA In Po SINGAPORE [2078 PENANG 22/8 P. KELANG 23/8
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    • 437 23 HEUNG-A SHIPPING Korean Flag Vessels OOSAM SEMI-CONTAINERISED DIRECT SERVICE TO NO t DONAM 40W GifOAl SUi« 1?Q I M UK* 0900 1700 MtS *1 'ffffl NHMffS G(M 37 I smut •i.tMIS NIPIUNE AGINflf S Plf I ID Ift ?>mit 7854 J4 ißoohmjs I ???7SIO ??l?07? (Opffatwm) 1 ??09?M I I»tmmjl
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    • 740 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV' BW-DINGISS, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SINSOV SINGAPORE Teiei Numbers RS ***** RS ***** RS ***** p KEIAMG M/S SHARK AT NAN SOON SON BHD IST AND 2ND FLOOR NO 1 JAIAN CEMPENMG PORT KLANG MALAYSIA
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    • 6 23 DURBAN. JOHANNESBURG. MAPUTO. MAURITIUS A RFIJNION
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  • Page 24 Advertisements
    • 457 24 Kejiittnal Container Lines Sailings Weekly LOBReliable Regular Punctual Berthing PS.A. 1500 Hr®. Tues, Thurs Sat REGULAR FEEDER SERVICE TO PHUKET/SONGKLA sn ski* bkk mi skli DATUM BHUM 03/1 M SAO Saied 18/19 Aug 22/; RATANA BUM in/IN H/27 Aug 21/31 Aug RATA* BHUM 253/254 2/3 Stpl S/7 Sept HINOOE KISEN
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  • Page 25 Advertisements
    • 175 25 OCEANRING MARINE PTE LTD 140 CECIL STREET ***** PIL BUN.DING TELE* RS ***** OWING CABLE AOO OCEANRING SINGAPORE 010S TEL *****11 (5 L*N€S) STORE I.OAOINT. FOR TB 10 S«pt BANDAR ABBAS REGULAR SERVICE TO MIOOIF EAST INDIA p RTAN LOAOWG FO# JJS J. JED/HOO 10 2 0/* MADRAS/BOMBAY AGENT INDAH
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    • 103 25 GESURI LLOYD SINGAPORE TAISIN SHIPPING PTt I ID World Trade Centre 1 Maritime Square Singapore 0409 !l« R*****1 lei ***** 1 1 Aslreijht Boo*mj Ajfrt 1? !8 BALTIC ENTERPRISES ,PTE) LTD tfi Tf tF> PS H «l OG S PORF BAI Tic I'ARIF ADDHFSS PAI TU SH'P 23 Auf 25
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    • 625 25 CONCORD LINES CONVENTION*! LINER VICES ETA ETD lOAOMG (OR it/t 1/9 MM Km Fa* 20/1 BM K/t it/t Mi*m (Acccpt 2Wt Mam) ifhnwn P«i* Ha Phonfl Sublet to ■towwl CONCORD MARINE PTE LTD Ktppd *M 0 rO3 it Tjnfoni Nj* Compfci (0?0l) I* mil3t <3 Lm) Ih RSM7I3 CMSNP TUNG
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  • Page 26 Advertisements
    • 707 26 fm) FREIGHT MANAGEMENT *FCL I tCI AUSTRALIA _TTA SINGAPORE 71 I 30 I 11/9 ?4 IS 10 UK/CONTHENT i« tHI 4* u/i CANADA/USA NEW ZEALAND FAR EAST i. n/l n i. h i j j n i hi 19 I 73 1 31 1 01 9 nOADWG FOR STOMf MIBOUW
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    • 536 26 Wi Everett Steamship Corpn.S/A Clifford Cantra Harnaon* i Crooliald 36 Baach Slraat Panang Sirvgapora PKalang K L. Rm 36/ 103 0 C B C Bldg Tal *****41 9 *****1/4 *****/9 *****4 Tal *****/2 HEAP SENG TRADING SHIPPING PTE. LTD. 13-01, 13th floor. Golden Mile Tower, Beoch Rood, Singopore 0719. Tel
      536 words
    • 588 26 uiiii i "—j j iwi ZIM MOH CONFERENCE lOCPEIOENT FULL CONTANO SERVICE acctpto* FCL/LCL cargoes to USA East I Nest Coast Panama Carribfcean and Last Canada 2N CAMIGA* BAT m muioa m inofoa MT m RONIOONMT m m ZIM EILAT CONTAINER LINE nuc... UT M INAT 71 tail (Sep JJ
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  • Page 26 Miscellaneous
    • 187 26 Regional Weather *1 I m V ;v/iv v El r JI i* W /A VIM* w. 0 SS tf 4 HI i J. m > X AT CX <0 LTs 8 ITS S/ S£ iV> rv SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. b^" Wave height R
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