The Business Times, 30 October 1984

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, OCTOBER Jt, 1984 60 CENTS
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  • 354 1  -  By LUCY NG COMPANIES have become a "new weight and voice" in the drive to popularise the arts in Singapore. Mr S Dhanabalan, Minister for Culture, said: "They have an important role to play and it is heartening to note that
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  • 413 1  -  Move likely to boost Singapore's financial centre image By WALTON MORAIS SINGAPORE'S aim to be a leading fund management centre received a $100 million boost yesterday. Ajinomoto Co, the Japanese monosodium glutamate giant, yesterday announced it would set up a $100 million subsidiary
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  • 365 1  -  By JOHN LIM, Industrial Correspondent MILLIONS of dollars and hundreds of jobs could be lost if the pirated music tape business were to be stopped, according to industry circles. This would follow the closure of several companies which supply blank
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  • 304 1 CASSETTE tape retailers might close shop on Thursday as a sign of protest. This follows moves by recording company representatives to get retailers and distributors to sell only original tapes and to step up raids, from that day, against those who continue to sell pirated copies. The
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  • 209 1 SHARE PRICES on the Singapore stock market fell sharply yesterday in light trading. Investors' interest was focused mainly on Times Pub, Straits Times Press and SNPL, which resumed trading yesterday. The BT Composite Index fell 10.50 points to 747.61 while the Straits Times Industrial
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  • 273 1 LAWYER Alan Wong Hoi Ping, a director and chairman of Broadview Commodities Pte Ltd, allegedly assured two other directors of the company that "bucketting" clients' orders was not illegal since there was no commodity trading law in Singapore. He purportedly said that it would take
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  • 226 1 NO SATISFACTORY agreement has been reached on the dispute between Singapore Airlines and Air Lanka because Air Lanka changed the terms of its offer. BT understands that m Oct 27, Air Lanka altered the terms of its offer of a one-month "operating permit"
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  • 359 1  -  By FOO CHOY PENG LOCAL GARMENT manufacturers are snapping up cotton and certain synthetic apparel quotas for the US. But quotas for similar items for the European Economic Community (EEC) are meeting with poor response because the strong Singapore dollar has adversely
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  • Page 1 Advertisements
    • 122 1 Mikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Award winners, Back Pagt The Tennis Prodigy Made for the demanding tennis player who wrnnts a tough, fast, breathable yet lightweight court shoe. Even-thing about this shoe is fast; right up to the speed lacing system for that quick, natural secure fit. If you
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    • 254 1 SHARE INFORMATION 15 RAW MATERIALS 14 AIRCRAFT 6 MONEY 4 EXCHANGES 7 CROSSWORDS 11 SPORTS RECORD dealers ore now importing and selling fewer long-playing records. From January to June this year, only 270,659 LPs were imported, down 15 per cent from the same period in 1982. Page 2 PRIME MINISTER
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    • 16 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Sm Back Paga Col 4 V 4. r r Ll'
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  • HOME NEWS
    • 405 2 RECORD dealers are now importing and selling fewer longplaying records. Import figures for 1983 were down 21 per cent from 729,405 units in 1982. From January to June this year, only 270,659 units were imported, down 15 per cent from the same period
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    • 67 2 THE MINISTER of Education for the Canadian province of British Columbia, Mr Jack Heinrich, will arrive in Singapore today for an official visit. The Canadian minister will be accompanied by the Deputy Minister for Education, Mr James Carter. While in Singapore, he will meet
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    • 222 2 THE SINGAPORE Mint will put on sale new gold bullion pieces called SINGOLD, the first of its lunar series, from Nov 1. One side of the gold bullion shows a rat while the other shows the Chinese charaters "Le Tian
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    • 188 2 THE SINGAPORE Chinese Chamber of Commerce has asked a trade mission from the Nagasaki prefecture to help balance trade between Japan and Singapore. The vice-president of the Singapore Chinese Chamber of Commerce, Mr Lim Tow Yong, made the request during a discussion with
      188 words
    • 132 2 DBS BANK has installed two new Autobank tellers at the factory premises of Philips at Toa Payoh and Chai Chee Complex. Altogether about 4,500 workers will benefit from this move to bring Autobanks to on-site locations at factory premises. This is in line with the government's
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    • 353 2 KENNETH L CROUCH has been appointed the new general manager of Privatbanken A/S, as well as the head of regional operations in the Far East. Mr Crouch, who is also a senior vice-president with the Danish bank, has 16 years' experience in international banking, of which three
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    • 365 3  -  By LISA LEE THERE is scope for Singapore and Australian construction and consultancy companies to form joint-ventures and move into third markets such as China, said Australia's Minister for Housing and Construction. Mr Chris Hurford, who led a mission from the Australian construction industry, said
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    • 127 3 ABOUT 150,000 civil servants may be paid in the middle of the month instead of at the end from next year. This was said by Dr Andrew Chew, head of the civil service, in an interview with The Mirror, the Culture Ministry's forthnightly publication.
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    • 205 3 COMMUNICATIONS Satellite Corporation (Comsat) announced in Singapore yesterday its plans to team up with Prudential Insurance Company of America to provide direct-to-home broadcasting via satellite (DBS). Comsat's chairman and chief executive, Dr Joseph Charyk, told a group of investment officers that
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    • 231 3 THE PRIVATE sector's participation in a scheme to provide useful employment to prisoners and drug addicts while they are still serving time involved nine manufacturing companies as of end March this year. Together these companies operate 14 factories in the various penal institutions.
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    • 416 3  -  By TSANG SAU YIN VOCATIONAL training programmes conducted by the Singapore Corporation of Rehabilitative Enterprises (Score) for prisoners and drug addicts are showing positive results. A survey carried out by the Prisons Welfare Service of the Ministry of Social Affairs on the employment status of the
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    • 267 3 THE Singapore Democratic Party is not the only one which doubts the government's intention to repay workers their Central Provident Fund savings. A university don has written that the CPF, at the rate it is being accumulated, will one day create
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    • 148 3 THE CONSTRUCTION SITE at Bukit Merah was top in an inhouse site productivity competition organised by Lum Chang. The Bukit Merah Town Centre Contract 4 site beat five other sites to win the "most productive worksite" award. The sites were judged on the management, site storage
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    • 123 3 MICROCOMPUTERS have completely changed the concept of high-technology for developing countries and emerging countries in South-east Asia. This was highlighted by Mr Robert lau, chairman of the Advisory Board, Institute of Systems Science, of the National University of Singapore, in his opening address at PerComp
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  • Page 2 Advertisements
    • 330 2 PRECISION of Canada. Top open-plan office systems. fp- Shfli workmanship styling versatility flexibility- simplicity Henry Designcentre is renowned throughout Singapore and South East Asia for its experience m office planning its reliability, its innovative skills and its professionalism Precision of Canada is perhaps the most famous name of all in
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    • 122 2 Your invitation to business at South-East Asia's leading annual computer event BerCampAsiaB4 29 October 2 November Hall 2, World Trade Centre, Singapore Opening hours Business Qualified Public Wednesday 31 October Thursday 1 November 15.00 19.00 hours Friday 2 November 15j00 1830 hours trade Business (only) Monday 29 October Tuesday 30
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  • Page 3 Advertisements
    • 420 3 TARK.hR FOUNTAIN PtN LVERY NIB IS PAINSTAKINGLY C L'T AND (.ROl ND BY HAND PARKER ROLL! R BALL THE BALL is FORGED FROM TL'NGSTE N, COBALT AND C HROM'UM. IT !> SAPPFKRF HARD i \Rk F R B\l Pf N IHI I! Sv N RBi: »r > D TO W:
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  • OVERSEAS
    • 198 4 Reuter JAPANESE Prime Minister Nakasone is preparing to reshuffle his Cabinet after winning a tussle to retain the leadership of the ruling Liberal Democratic Party. When the list of nominees for the LDP presidency closed at midday yesterday, Mr Nakasone was the only candidate,
      Reuter  -  198 words
    • 451 4 AP AFTER a weekend of political haggling Prime Minister Yasuhiro Nakasone emerged yesterday as the sole candidate for his ruling party's presidency, a post which carries with it the premiership. He will be' unanimously endorsed for a second two-year term by the Liberal
      AP  -  451 words
    • 94 4 Reuter INDONESIA'S leading civil rights organisation, the Legal Aid Institute, will continue its work in spite of attempts to intimidate it, the Antara news agency reported yesterday. Antara quoted the institute's chairman as saying the organisation would not cease its activities in spite of
      Reuter  -  94 words
    • 262 4 AP JAPAN should make improved market access a national goal and should help stimulate the world economy by reducing its continued high trade and current-account surpluses, US Ambassador to Japan Mr Mike Mansfield said. Mr Mansfield, speaking at a
      AP  -  262 words
    • 283 4 Bernama DATUK Seri Dr Mahathir Mohamad yesterday called for the introduction of the Giro system in the Malaysian post office. The Prime Minister said he believed that the system would help overcome human congestion at post offices as a Giro account holder
      Bernama  -  283 words
    • 346 4 AP THE COMMANDER of Thailand's armed forces attended a religious service on Sunday at the largest Thai Buddhist temple in the US and urged local Buddhists to bring their American-taught skills back to their homeland. General Arthit Kamlang-Ek also brought with him a U*****,000 donation
      AP  -  346 words
    • WORLD IN BRIEF
      • 61 4 TAIWAN will have an economic growth rate of 8 per cent next year, lower than the projected 10 per cent for this year. An official of the Council for Economic Planning and Development in Taiwan said the eight per cent growth would still be higher than most other
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      • 52 4 VIETNAMESE Foreign Minister Nguyen Co Thach is in Moscow for talks expected to focus on the situation in Southeast Asia and relations with China. He is expected to have talks with Soviet Foreign Minister Andrei Gromyko and Deputy Foreign Minister Mikhail Kapitsa. Mr Thach might meet President
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      • 58 4 THE Khmer Rouge Radio has announced that the National Liberation Army (NLA) and guerillas of Cambodia "defeated several mopping-up operations by Vietnamese" this month, killing at least 35 Vietnamese soldiers. The report said guerillas killed 25 Vietnamese on Oct 23. Two days earlier, the NLA raided a Vietnamese
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      • 36 4 TWO police officers and two women passengers were killed when a Thai police helicopter crashed on Sunday night in southern Thailand. A police spokesman said the cause of the crash was not known.
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      • 54 4 ABOUT 1,000 medium-sized South Korean trading companies with average anneal export figures of US$lO million will be fostered by 1988. Trade Minister Kum JinHo said in a monthly report to President Chun Doo Hwan that the scheme is part of efforts to attain the country's export goal of
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      • 75 4 Agencies THE leader of the National Union of Mineworkers in Britain has denied that k union official's meeting with Colonel Khadafy of Libya last week was a secret bid for financial support for the bitter seven months miners'strike. Mr Arthur Scargill, the leader of the NUM, confirmed that
        Agencies  -  75 words
    • 59 5 PHILIPPINE Cardinal Jaima Sin (lafft) graata tha Bishop of Beijing, Michaal Fu Tiahan, on Sunday during an hour-long maating for informal talka. Cardinal Sin who is on a 10-day aocaatral pilgrimage to China, and Biahop Fu did not diacuaa reconciliation for tha Bailing church, which
      UPI Photo.  -  59 words
    • 394 5 AFP EXPERTS in the Philippines differed sharply on the economic impact of the Agrava Commission's report that opposition leader Benigno Aquino was killed in a military conspiracy. An international banker and local industrialist were optimistic the finding would clear the way for new credits
      AFP  -  394 words
    • 285 5 AP JAPANESE police launched a massive house-to-house search yesterday in the Osaka area of Western Japan, seeking information about an extortionist group called "The Man with 21 Faces". The group has eluded police for the past eight months. An Osaka prefectural official said
      AP  -  285 words
    • 576 5 NYT GOVERNMENT figures on growth and inflation in recent days confirm that the US economy has passed through the fastgrowth phase of another strong recovery, with inflation barely budging. The economy's performance through the recovery has persuaded many economists that the US has seen the
      NYT  -  576 words
    • 83 5 Reuter NOBEL Peace Prize winner Desmond Tutu stirred strong emotions when he spoke in church on Sunday in one of the wealthiest communities in the US of the "misery and suffering" of blacks in South Africa. In two sermons at an Episcopal
      Reuter  -  83 words
    • 176 5 Reuter BRITAIN will experience sustained, non-inflationary growth over the next four years, but it will be insufficient to push down unemployment, the London Business School said in its latest "economic outlook". The school expects the current account to slip into a small deficit this year,
      Reuter  -  176 words
    • 270 5 UPI COMMUNISTS should not be alarmed at the capitalistic direction of China's new economic reforms because the country is still following the socialist road, the China Daily newspaper said yesterday. "Capitalism may try to slip into China along with foreign investments, imported technology and management
      UPI  -  270 words
    • 411 6 Opec divided over individual quotas Reuter I AN OPEC ministerial meeting i-which opened in Geneva yester|'day will be urged to cut overall 1 output to help buoy oil prices. United Arab Emirates '(UAE) Oil Minister Mana Said ,al-Oteiba said after chairing a meeting
      Reuter; UPI Photo  -  411 words
    • 226 6 Reuter EGYPTIAN President Hosni Mubarak was scheduled to arrive in France yesterday to seek greater West European involvement in efforts to achieve a Middle East peace settlement. Mr Mubarak will have talks and lunch with French President Francois Mitterrand at Uie start
      Reuter  -  226 words
    • 482 6 AP IN THE LAST full week of the 1984 US presidential campaign, Democratic challenger Walter Mondale is gambling politically by discussing higher taxes, and he says President Ronald Reagan is taking voters for granted. Mr Mondale, who is far behind in the polls,
      AP  -  482 words
    • 151 6 Reuter US VICE-PRESIDENT George Bush said on Sunday that his wife was sorry for a disparaging remark she made about Democratic vice-presidential nominee Geraldine Ferraro. Barbara Bush sparked controversy earlier this month by referring to Mrs Ferraro as: "That four million dollar I can't say
      Reuter  -  151 words
    • 328 6 Reuter BRITISH Foreign Secretary Sir Geoffrey Howe is to meet Israeli leaders, following the Israeli government decision to seek American help in settling terms with Damascus and Beirut for pulling its troops out of Lebanon. Sir Geoffrey, who made a surprise visit to Lebanon
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    • 60 6 Reuter EXPORT CONTRACTS concluded by 13 major Japanese trading houses in September rose 134.6 per cent to US$ll.O5 billion from $4.71 billion in August and were up 15.9 per cent from $9.53 billion a year earlier, the Japan Foreign Trade Council said. The rise reflected a
      Reuter  -  60 words
    • 185 6 Reuter ISRAELI police are hunting for Jewish extremists who attacked an Arab bus with a rocket in Jerusalem on Sunday, killing an Arab passenger and wounding 10 others. A note found near the abandoned launcher of the US-made anti-tank rocket said the attack was in reprisal
      Reuter  -  185 words
    • 317 6 Reuter SHELLS FROM artillery duels in mountains near Beirut fell in several areas in the Lebanese capital on Sunday night on the eve of an expected government bid to enforce a series of secofity and economic measures. Prime Minister Rashid Karami's
      Reuter  -  317 words
    • 822 6 ARRIVALS Operator Sarvice number Local time From PAA CAL MAS MAS MAS MAS RBA SIA CPA GIA PA5 0009 MH68I MH60I MH67I MH811 8M21 SQI03 CX710 GA960 0020 0040 0820 0905 0935 0940 1000 1005 1035 1100 JFK/SFO/HKG TPE KUL KUL KUL PEN BWN KUL HLP HLP
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  • Page 4 Advertisements
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      199 words
    • 26 4 *<■ mm is. <*, a: M "d x« 4v.V fi i? J* <7 (nV *v ,-T v? W<o #4 vS <10 v v •:> 40 <? iV 0 I* m
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  • Page 5 Advertisements
    • 609 5 "Maney is like a sixth sense,without which you cannot make a complete vise of the other five." Willie Somerset Maugham If the business of Singapore is business, the business of The Marco Polo Hotel is pleasure. Here are a few thoughts on both subjects for the delectation of the discerning
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  • Page 6 Advertisements
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  • BANKING AND FINANCE
    • Article, Illustration
      687 7 SINGAPORE: The US dollar extended earlier gains yesterday against most major currencies in thin late trading on buying and short-covering interest. It rose to a late 3.0600/10 marks from an early 3.0625/35 and New York's 3.0430/50 close and to 2.5120/35 Swiss francs from 2.5055/ 75 and 2.4990/5020 respectively.
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    • 192 7 Interbank rates at 3pm Local doMors to otto wtit of for oigw ««Myool artfay e roaaporWy QirrMCy*. US dolor Staffing pound Austrafion dolor NZ dolor Canadian dolor 2.1640 ***** 1 8205 1 0527 1.6412 2.1650 2 6283 1 8224 1 0543 1 6432 2.8196 7.3469 ***** 3.4286 3.4206
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    • 121 7 Money markets r THE OVERNIGHT rate fell by 1/8-point from last Friday to close at 5 7/8 per cent on the Singapore interbank money market yesterday. One-month maturities fell by 1/16-point, two month fell by 1/8-point and three-month fell by 3/16point. S$ interbank rotes at 3pm yesterday Offer Bid O
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    • 355 7 BA Futures Inc EURODOLLAR futures opened lower than Chicago's close last Friday on carried over weakness due mainly to its overbought position.The market shrugged off news of announcement of prime rate cuts by several major US banks but was succumbed by technical selling pressures. December Eurodollar opened at 89.30,
      BA Futures Inc  -  355 words
    • 176 7 HONGKONG The metal closed easier yesterday. It ended at U*****.90/336.30 an ounce against an initial $337.20/80 and Saturday's $337.80/ 338.20 close here and New York's Friday finish of $337.25/75. On the local market, gold finished HK$l7 below Saturday's close at $3,137 a tahil. The krugerrand was $30 off at
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    • 307 7 Asian market ASIAN dollar deposit rates closed steady yesterday at firmer opening levels in quiet afternoon trading. Short-dates firmed between 3/16 and 3/8 point at the outset due to a higher US federal funds rate and remained unchanged thereafter with overnight closing at 9-7/8 9-3/4 and week fixed at 9-13/16
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    • 490 7 Reuter US COMMERCIAL banks will have to make greater efforts to combat competitive challenges from insurance, real estate and securities industries if they are to hold on to their place as preeminent financial institutions. This is one of the major messages at last
      Reuter  -  490 words
    • 143 7 Reuter NEW FUNDING is needed for Latin American nations and existing loans should be extended, according to the Inter-American Development Bank (IADB). The bank said in its annual report on economic and social trends that existing conditions were not only hurting the Latin American nations
      Reuter  -  143 words
    • 278 7 AFP AN ALMOST general Increase in inflation, and devaluations, appear probable in leading Latin American countries during the next 12 months with Argentina facing particularly hard times. Currency analysts Maxwell Stamp Associates, in their latest International Monetary Bulletin, forecast that in Argentina,
      AFP  -  278 words
    • 705 8 NYT THE SHARP decline in interest rates this month caught many analysts by surprise, but it has ,not silenced a chorus of predictions of higher rates by the end of the year and during 1985. Indeed, credit market participants are now debating
      NYT  -  705 words
    • 165 8 Reuter ISRAEL'S foreign debt grew by US$l.l billion in the first six months of this year to nearly $24 billion. The Bank of Israel said on Sunday the situation has deteriorated significantly since last April, which saw an increase in short-term loans taken out by
      Reuter  -  165 words
    • 435 8 Reuter TRADING in a gold contract on the world's only fully automated futures exchange has begun in Bermuda years and an economic cycle later than originally planned. The International Futures Exchange, or Intex, provides an electronic marketplace which its shareholders say offers faster, cheaper and
      Reuter  -  435 words
    • 304 8 Reuter THE INTERNATIONAL Monetary Fund (IMF) is expected on Nov 9 to approve the third year of a three-year economic programme for Brazil. Monetary sources say the programme approval, freeing US$l.9 billion in new funding for Brazil, has already received the blessing of
      Reuter  -  304 words
    • 349 8 Reuter STERLING entry into the European Monetary System (EMS) needs to bfc considered seriously, Bank of England governor Robin Leigh-Pemberton says. In a speech for delivery to Kent University, he said: "For the UK, with its close political and economic ties with
      Reuter  -  349 words
    • 192 8 AP FOR THE first time in more than 30 years, a Chinese bank has introduced personal current accounts, the official English Language China Daily reported yesterday. The Industrial and Commercial Bank of China has opened 87 such accounts for scientists, doctors, intellectuals and returned
      AP  -  192 words
  • Page 7 Advertisements
    • 275 7 in conjunction with Singapore International Monetary Exchange limited Management Consultants Pte Ltd presents A ONE DAY WORKSHOP ACCOUNTING TAXATION OF FINANCIAL FUTURES Wednesday 28th and Thursday 29th November 1084 York Hotel, Singapore is specifically designed to assist users of financial futures to understand the accounting treatment or financial futures." SIMEX
      275 words
    • 84 7 i i t i i Are you locked in your own thoughts of expansion, computerisation, automation or mechanisation? Cheer up. SAL has the right combination for you. We will open the doors for you to a whole new concept. Technology plus Leasing. Call us on 225-9555 and find out about
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  • Page 8 Advertisements
    • 162 8 KOREAN INDUSTRIAL CONSUMER TRADE MISSION 30 OCT I NOV 1984 A Korean Trade Mission representing a wide range of industrial and consumer products will be here in Singapore to assess the local market potential. You are cordially invited to a discussion session at HILTON INTERNATIONAL, EXECUTIVE BUSINESS CENTRE 2ND FLOOR,
      162 words
    • 126 8 Only Royal Brunei can offer you Brunei on the way to Hong Kong, Manila or Darwin. e/ t*»i If you have business in Brunei, only Royal Brunei can offer two flights a day,(three on Friday and Sunday) to Brunei. Then when you've finished your business in Brunei we can fly
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  • SPORTS
    • 593 9  -  By WALTON MORAIS SINGAPORE SQUASH entered a new era last weekend when the Singapore Squash Racquets Association (SSRA) used the advertising medium to attract players to jpin the Pepsi agegroup squash training scheme. For two days on Saturday and Sunday, the SSRA
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    • 390 9 Reuter ITALIAN STUDENT Orlando Pizzolato withstood unseasonable heat and high humidity to win the New York marathon on Sunday while Norway's Grete Waitz ignored illness to take the women's race for the sixth time. Pizzolato, 26, who finished 27th in the race last year but had
      Reuter  -  390 words
    • 372 9 Reuter ALAIN LEQUEUX and Procida caused a surprise by winning the Group One Prix De La Foret horse race run over seven furlongs at Longchamp on Sunday. At the post, the pair had a length and a half to spare over Nikos with the
      Reuter  -  372 words
    • 159 9 BILL KRATZERT completed a 5-under-par 66 with birdies on three of his last four holes, broke a four-year slump and scored a two-stroke victory on Sunday in the Pensacola Open golf tournament in Florida. Kratzert, 32, once regarded as one of golfs rising young stars, scored
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  • Page 9 Advertisements
    • 349 9 > t STANDARD M 1..! i Kr >•. The Apricot Portable Vted Microcomputer Of The Year Personal Computer World Show. w i vfc JH Now therms a computer you can talk to The Apricot Portable opens the door to truly personal interaction between people and computers. It's the first computer
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  • Page 9 Miscellaneous
    • 22 9 BnStcW: fWic^er^ tp\v<e 6<?iSTou3, FoR GXRmpix He DoeSM'T Gin/£- R HOOT ROOOT pvMNTv4»f4G... U>PvTCH TM\<3.... see UJMnT i mepiN ft Noftlnftt fegsoty
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  • FEATURES
    • 439 10 THE AIRLINES of the world at least those that belong to the International Air Transport Association are about to break into a rare patch of corporate blue. After years of flying more in hope than in profit, they expect this year to earn US$l.2 billion after paying
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    • 793 10  -  Talks should be open-ended, not 'round', say Reagan advisers By DONALD MAY UPI A NEW "round" of world trade negotiations appears to be in the making one that could be very different from those of past decades. Even the word "round" may not apply. It
      UPI  -  793 words
    • 793 10  -  By LEONARD SILK NYT WITH THE RISE in the US consumer price index by 0.4 per cent last month, making an increase of 4.2 per cent over the preceding 12 months, the United States government has announced how much taxpayers will save
      NYT  -  793 words
    • 739 10  -  By DAVID DODWELL FT WHEN the Hongkong government revealed last month, in a major reshuffle involving the territory's two main financial regulatory bodies, that the Commissioner for Securities and Commodities Trading would be Mr Ray As tin, the response of stockbrokers and
      FT  -  739 words
    • 759 11  -  By FLORA LEWIS THE WEST GERMAN government is in trouble. One respected commentator warns of the Weimar Republic, the ineffective democratic regime established after World War I that slid into chaos and collapsed, making way for Hitler. Another writes of banana republics. A conservative
      759 words
    • 601 11  -  By CATHERINE ARNST Reuter A CONSORTIUM of 29 North American and European companies is planning a US$335 million trans-Atlantic optical cable that will represent the largest use of fibre optics to date. Fibre optics, in which flexible strands of glass as thin as a
      Reuter  -  601 words
  • Page 10 Advertisements
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      102 words

  • Page 11 Advertisements
    • 20 11 The New ENCYCLOPAEDIA BRITANNICA 3 the only reference standard accepted in a court of law. Call STP Distributors Tel: *****28/*****44
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  • Page 11 Miscellaneous
    • 981 11 m Qmj) HIGHLIGHTS The Arabs: A Livina History The Power Of The Word 8.03, Chonnel 12 The Arabic language plays a major role in shaping and maintaining Arab society. Poetry remains the forum for political debate, and major poets attract thousands to hear them recite their latest works. This episode
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    • 644 11 7jJJHJ-UAS CRYPTIC PUZZLE ACROSS 3 A drink with a grand giri (5) 8 Approoch fever pitch, informally? (3, 2) 10 Old Bob s clean out of money! (5) 11 Bit of a grimace from a Scot(3) 12 I like regions or zones (5) 13 Talking dogs? (7) 15 Those in
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  • INTERNATIONAL STOCKS
    • 414 12 FT WILLIAM SLATTERY, president of Braniff, has resigned amid signs that the seven-month-old rescue of the Dallasbased airline is running into serious problems because of escalating operating losses. At the same time, the company said it was cutting its operations
      FT  -  414 words
    • 155 12 Reuter CHICAGO Pacific Corp says its proposed offer for Textron Inc is negotiable in ail respects but will be dropped if opposed by the Textron board. Textron chairman Robert Straetz says he thinks the proposed deal is inappropriate, but the company says the
      Reuter  -  155 words
    • 463 12 British TELECOA\-wvvw- Reuter THE PLANNED US issue of the equivalent of 300 million ordinary shares in British Telecom PLC will receive a warm welcome from the US investment community, securities analysts say. Analysts say British Telecom's strong growth potential, unlike the limited potential
      Reuter  -  463 words
    • 197 12 Reuter CONSOLIDATED Foods Corp (CFC) says it will increase the purchase price (or Nicholas Kiwi's foreign assets to provide a higher consideration than the A 54.30 a share offered by Reckitt and Colman PLC for Nicholas Kiwi's whole issued capital. The new price
      Reuter  -  197 words
    • 308 12 Reuter ELDERS IXL, an Australian conglomerate, is arranging a novel US$5OO million, five-year Euronote and US commercial paper facility, says lead manager Chase Manhattan. The facility is designed to help Elders restructure its balance sheet following a spate of acquisitions this year,
      Reuter  -  308 words
  • Page 12 Advertisements
    • 434 12 The BEEFEATER At LI AT TOWERS! Had enough of seafood restaurants and Chinese 10-course dinners? Here's the true-blue English alternative. t Outgrown disco and cant stand cocktail lounges with noisy bands? Sneak in at "The Beef'. We play music for old times' sake. The Beefeater at Liat Towers. It's a
      434 words
    • 31 12 Daily new Businessmen's Lunch at only $12.50 loday: Fbtage Parmentier Boiled Beef Flemish Style Fresh Vegetables Hash-Brown Potatoes Apple Tart Coffee/Tea Emperor's Room. Hotel Royal. Newton Road Singapore 1130. Tel: *****11
      31 words
    • 125 12 MEMBERSHIP FOR SWIMMING POOL MEMBERSHIP FEE Single $15.00 per month Couple $25.00 per month Family $30.00 per month Group/Company Negotiable ENTITLEMENTS: Exclusive use of the Swimming Pool on 3rd Floor of the Hotel from 8:00 a.m. to 9:00 p.m. 10% Discount on all meals in Cafe De Grand. 10% Discount
      125 words
    • 132 12 f-7 M Feng Cheng Loll for the best Teochew food in town. Discover lV mouth-watering delights prepared by hong Kong chefs. And 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 SfIWCEHCTH. 270 Orchard
      132 words

  • ASIAN STOCKS
    • 355 13 HONGKONG: Share prices closed moderately lower yesterday after opening steady following a decision by local banks to trim their prime rate by one point. The Hang Seng Index ended near the day's low at 1,039.30, down 17.54. Among leaders, €heung Kong eased 15 cents to HK$B.35, China Light 10
      355 words
    • 214 13 OCT 29 NT Chem Indus 1830 -02 Lien Hwa Indus 12 90 -04 790 0 2 Nan Yo Plos 29 80 -05 25 40 -02 25 10 -0 6 26 00 -02 Pacific Elect 1770 -06 51 00 -3 Wire 1800 -1 Poolung Paper 162 -0 06 1970 -0
      214 words
    • 355 13 TOKYO: Share prices closed higher yesterday in fairly active trading on sustained but selective buying of incentive-backed issues and blue chips. The market average gained 25.98 points from Saturday's close to 11,176.93 after trading 360 million shares against the half-day turnover of 170 million on Saturday, when the average
      355 words
    • 103 13 MANILA: Share prices closed easier in dull trading. The Commercial and Industrial Index fell 1.37 to 118.35, the Mining marker 0.46 to 828.19 and the Oils Index 0.011 to 0.572. OCT 29 Onantol B 0 011 unch PUt Overs*os 0006 0001 Acot* Mining Ph4«x B Oil 0 005 Anglo
      103 words
    • 358 13 SYDNEY: Share markets closed steady yesterday on moderate turnover with resource issues under pressure and industrials attracting light support. The All Ordinaries Index was up 0.3 at 750.9, the All Industrials up 1.9 at 1,099.1 and the All Resources down 0.8 at 482.2. Rises just outnumbered falls. BHP fell
      358 words
    • 145 13 BANGKOK: Share prices closed mixed in moderate trading yesterday. The Book Club Index rose 0.11 to 120.02 but declines led advances by a slim margin. Turnover climbed to 243,355 shares worth 38.8 million baht from Friday's 93,008 worth 10.1 million. OCT 29 S«om Oty Cement 442 2 Aokham TKo
      145 words
    • 79 13 Oct 29 Won Hyundai Corp Hyundai Motor 936 619 11 Bonk Swxi 658 1 KAL 515 5 Chohaung Bk Commercial Bk 622 684 588 -5 +2 23 Korea CM Korvo Sh^> 1216 414 790 724 860 26 4 5 +2 unch Do«woo Corp Daewoo Ind Dong Ah 477 637
      79 words
    • 69 13 Reuter SALZGITTER AG of West Germany has won a major order from China to build a plasterboard factory near Lhasa, Tibet. Company spokesman Lothar Berndt said China had asked Salzgitter not to reveal the cost of the contract, awarded by National New Buildings Materials Corp of
      Reuter  -  69 words
    • 289 13 AP GENERAL MOTORS of the US and South Korea's Daewoo group have announced plans for a new joint venture to produce car components. Roger Smith, chairman of General Motors Corp, said the undertaking would involve an investment of US$6O million with each side putting
      AP  -  289 words
    • 154 13 FT SOUTH KOREA, worried about increased activity by foreign banks, is reported to be planning to restrict the setting up of new foreign bank branches to protect domestic interests. Newspaper reports said the plan was contained in documents presented by the Economic Planning
      FT  -  154 words
  • Page 13 Advertisements
    • 440 13 iter* to wiae, «Um« Mui vMefiaitt 2/L'% Paramount Hotef' Whir* th* happy p«op/« 90 Bl f*s?^ We're blasting off tonight and every night at Para Wave Discotheque. Take off to the stars groove to the pulsating rhythms spun by the dynamic music makers, Solosa Sound Services Business Hours ft First
      440 words
    • 190 13 Exclusive —Distributor— Very High Profits Welt known American Manufacturer seeking aggressive promotionally minded Distributor of substance. Our Detroit Factory produces all chemical Auto care and Industrial products for FORD Motor Company U.S.A. Our High Technology in Silicones has produced a U.S. Patented product—plus many others that we only sell to
      190 words

  • RAW MATERIALS
    • 726 14  -  By MICHAEL NEILL DECENTRALISATION of China's metal trading with the rest of the world pre-dates the recent revolutionary proposals to decentralise the Chinese economy for at least five years, according to Colin Williams, managing-director of Wogen Resources, the London-based commodity house
      726 words
    • 351 14 RAS prices («s c*«wkiio, fob bow») NOON CLOSE Buyers Sellers Buyers SeHtn Int 1 RSS prompt ***** 176 75 175 75 176 75N Int 1 RSS Nov 177 75 178 25 177 75 178 25 Int 1 RSS Dec 180 50 181 00 180 50 181 00
      351 words
    • 104 14 (cwitt/kg, 1-ton November December (current mth) (forward mth) NOON NOON RAS Ivytn 5»H>n krtn S«U*n SSR 20 173 00 175.00N 174 00 176.00N SSR 50 171 00 I7300N 172 00 174 00N MRELB liiyiri S*tWrs Bwycr* S*D«rt SMRCV 203 SO 205 50N 205.50 207 50N SMR L
      104 words
    • 317 14 SINGAPORE The market finished marginally higher yesterday with November One RSS buyers quoted at 177.75 cents per kg, up 0.75 from Friday. The morning session gained 0.75 cent from last Friday's close in quiet trading. In the afternoon, values held steady throughout in light and featureless trading. Turnover was
      317 words
    • 782 14 COFFEE Robusta futures ended a thin morning session yesterday dominated by local traders with gains from Friday's close of £15 to £5 a tonne, mainly due to currency factors. November eased £5 from midmoming highs in light volume to £2,525 a tonne but was up from £2,512 at
      782 words
    • 103 14 THE Kub Lam pur Tin Market (KLTM) price stayed at the International Tin Agreement fleer-level ef Ms2t.ls per kgThe taller stack manager was again the majer market eperater as Interest tram ether secters remained scanty. The Knala Lam par Tin Market's premium remained areind last Friday's £2M per
      103 words
    • 163 14 PRICES ON the Malaysian crude palm oil market closed slightly higher yesterday on late covering prompted by the rise in palm oil futures, after a weaker Chicago soybean complex close last week sparked some caution at the opening. November deliveries in the south and central regions rose M
      163 words
    • 161 14 Yarn (In HK$ per bote of 400 lb) China carded yarn, cones Bkx Phoenix I6't 3,350 Bhje Phoenix 20's 3,500 BKx Phoenix 32's 3,800 Blue Phoenix 40*s 4,150 Corded yarn, honk 3,550 Hue Phoenix 21 Combed yarn, cones 4,850 Hue Phoenix 32's EBue Phoenix 40*s 5,000 Open-end yarn 3,050
      161 words
    • 144 14 Chinese Produce Exchange (Sellers' noon dosing prices on Oct 29. S$/100 kg) Coconut oil Bulk FOB 195.00 Old drum FOB 206 00 New drum FOB 2)2.00 EK1 FOB NSW Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW B W FOB NSW Gombier FOB NSW 566 00 502.50 380.00
      144 words
    • 273 14 Singapore (S$/Mo, ei-godown) Thai white 100% 1st doss (kangaroo) new crop 100% 2nd doss 100% 3rd class 25% new crop B-10% Thai broken A-super Special Thai rice 55% China rice 10% 15% 25% 35% Thai boiled rice 5% Vietnam rice 10% US rice 4% 20% Pakistan rice 15% 25%
      273 words
  • Page 14 Advertisements
    • 487 14 MKg BEN AND Eg COMPANY MS* limited ANNOUNCEMENT Stockholders should have by now received the Circular to stockholders relating to the proposed acquisition of the entire issued share capital of QAF Holdings Berhad ("QAF") ("the Acquisition") by Ben and Company Limited ("Ben"). The Acquisition is subject to stockholder's approval at
      487 words
    • 231 14 P.T. ASTRA INTERNATIONAL INCORPORATED (Incorporated in the Republic of Indonesia with limited liability) U5525,000,000 GUARANTEED FLOATING RATE NOTES 1986 (the "Notes") Unconditionally guaranteed as to payment of principal ana interest by WARDLEY LIMITED Notice to Noteholders Notice is hereby given that the Notes are to be redeemed in whole on
      231 words

  • SHARE INFORMATION
    • 4137 15 TRADING resumed for Times Pub, Straits Times Press and SNPL yesterday, and provided the main interest in a depressed Singapore stock market. The BT Composite Index fell 10.50 points to 747.61 while the Straits Times Industrial Index skidded 10.54 points to 842.94. The
      4,137 words
    • 264 15 SINGAPORE Rises Indices T f 1975 1090 S N H 580 Tint Pub 805 Naw S«nn<«fc 304 Boastaodco 220 It oh—nn 118 Falls H Laong Credit 540 tanang Mid S0( 153 M Banking 800 0 S 595 D B S Rts 187 90 30 5 4 3
      264 words
    • 442 15 THE Kuala Lumpur stock market drifted through another lacklustre session with share prices retreating across the board. Trading, although selective, remained on the low side as investors continued to stay on the sidelines. Turnover remained below the 5 million mark at 4.91 million units valued
      442 words
    • 3183 15 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in tots of I,ooo.units unless otherwise specified. All Time SetUement Contracts are quoted after the word "SETT". Big
      3,183 words

  • COMPANY NEWS
    • 631 16 TUSSLE FOR CONTROL OF KAMUNTING MALAYSIA Mining Corporation has denied allegations that it had resorted to "delaying tactics" to frustrate the efforts of a Kamunting Tin Dredging Bhd director, Datuk K C Koh, to make the company viable. Datuk Koh had alleged that MMC-nominated directors
      631 words
    • 2015 16 BID and offer prices officially listed and business lh 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 (3.665) AkomO 396 I 41S) (12) 1.42(3) I
      2,015 words
    • 812 16 THE NEW account opened cautiously and prices were mixed at the outset in slow trading. The still unresolved coal miners' strike continues to weigh on market sentiment, dealers said. Government bonds eased up to x point and gold shares declined with the bullion price. At 1030 GMT the
      812 words
    • 109 16 HONGKONG Australian Industrials Hong Seng Index Monday 1098 8 Friday 1097 2 Monday 1039.30 Week ago 1092 2 Friday 1056 84 NEW YORK Dow Jones Week ogo 1053 05 TOKYO Friday 1204.95 Tokyo Dow Jones Monday ***** 93 Thursday 1211.02 Week ago 1225 93 Saturday ***** 95 Standard
      109 words
    • 260 16 MALAYSIA Mining Corporation has announced that an extraordinary general meeting requisitioned by a group of shareholders will be held on Dec 3. Among the resolutions to be proposed at the EGM is one to remove all the directors of Kamunting except Raja Zainal
      260 words
    • 218 16 Managers' prices Second B'putro 4.94 4.99 for Oct 30 Third B" putro Fourth B"putro 4.11 4.16 4.47 4.52 Singapore Unit Trust The Commerce 2.61 2.77 The Sovmgs Fund 1.74 1 85 S pore Prog Fund 112 1.19* S'pore Sec Fund 1.67 1.77 Fifth B'putra Sixth B putro Seventh
      218 words
    • 742 17 TOHra mm™ By HOCK LOCK SIEW SIR MAURICE HODGSON is a very troubled business knight these days. Since taking over the hot seat at Dunlop Holdings Pic, he has had to fend off aggressive predators, the critical press and disgruntled shareholders. More recently, he has
      By HOCK LOCK SIEW  -  742 words
    • 315 17  -  By AMY CHEOK ISSANGYONG Cement (Singapore) Ltd, together toth a member of Hongkong's Wheelock Marden .group, have bought a controlling interest in a local icompany, Vermiculite •Industries (Pte) Ltd. For Ssangyong, the purchase of ja 51 per cent stake amounting to 153,000 shares in Vermiculite
      315 words
    • 362 17 IN SPITE OF THE bearish market mood, shares of Times Publishing Bhd, Straits Times Press (1975) Ltd, and Singapore News A Publications Ltd were actively sought after on resumption of trading on the Stock Exchange of Singapore yesterday. The counters managed to buck the general
      362 words
    • 381 17 LAST FULL YEAR Company Period Date Year Net CPS Grots Net announced ending (cents) drv profit lost yeor (%> (S l 000) G Lumber Interim June 30 Sep 84 3,6181. H K Tin Interim Aug 25 Sep 84 3681 K G Hldgs Interim Sep 12 Dec 84 8.3
      381 words
    • 187 17 FELS Consultancy Pte Ltd, a wholly-owned subsidiary of Far East Levingston Shipbuilding Ltd, has been awarded a US$4O million contract. FELS Consultancy is to supply Hindustan Shipyard Ltd, a government of India enterprise, with a complete package for the equipment, installation, testing and
      187 words
    • LATEST RESULTS
      • 33 17 Group net profits after tax and minority interests of HK553.44 million ($106.4 million) for the year ended June 30. Final dividend nil (12 cents), making total of 12 (24).
        33 words
    • 560 17  -  By CHAN OI CHEE BARELY A YEAR since its listing on the Stock Exchange of Singapore last December, Chuan Hup Marine Ltd is making its second major acquisition of ships for a sizeable U5512.97 million (5527.5 million) cash. The aggressive marine group, which only
      560 words
    • 373 17 ANOTHER Malaysian company, property-based Metroplex Bhd, is expected to announce a public issue of its shares, probably before the end of the year. Metroplex is understood to be planning a public issue of around $25.22 million or 50.45 million shares of 50 cents each. The shares
      373 words
  • Page 16 Advertisements
    • 165 16 CFFICEIiMBS THE MODERN OFFICE EQUIPMENT, SYSTEMS TECHNOLOGY EXHIBITION <*/«•. -if seßSuto ■jft w I 17. niiiiiinra The place to SELL your office of the future South East Asia, and Singapore in particular, are very good markets for the latest innovations in officeware Our expanding economies have created a huge demand
      165 words
    • 182 16 '1 Ks*u\(fc-, MS y'\ m 3d si V>. DrapnGty 228 Masterfully Prepared Sichuan Sea Food Dishes ■■H FREE: a bottle of Renault Cognac OVB for meals exceeding $300. And Gazela Vinho Verde Wine for meals eXC ing^^' *75* From 16 Sep—ls Nov '84 Wong Ban Say Rest Manager fnaummm Dragon
      182 words

  • Page 17 Advertisements
    • 86 17 BANQUE FRANCAISE DU COMMERCE EXTERIEUR Dlrs US 125,000,000 guaranteed floating rate notes due 1988 In accordance with the terms and conditions of the notes, notice is hereby given that for the 6 month period from October 30, 1984 to April 30, 1985 the notes will carry an interest rate of
      86 words
    • 338 17 Chubb reveal of a real fire. The new Chubb 3406 One-hour Fire Protection File has an amazing history few brands can boast of. (Not even those that afe supposed to be Two-hour Files). Before it was given the green light for production, the Chubb 3406 was put through the worst
      338 words

  • 646 18  -  By ANNA TEO THE RICH and the poor countries have been told to re-exam-ine their stands and approaches. The Political Secretary to the Prime Minister, Mr Ng Pock Too, yesterday said that the richer, developed countries of the North should not allow short-term domestic
    646 words
  • 159 18 OIL COMPANIES Shell and Esso were last night conferred the Patron of The Arts Award 1984 by the Ministry of Culture for their contributions towards the promotion of art and culture in Singapore. Four individuals a photographer, a playwright actor/ director, a painter and
    159 words
  • 430 18  -  By SOH TIANG KENG, Banking Correspondent EXPANSION of bank credit in Singapore has slowed down in the third quarter of this year, the Monetary Authority of Singapore disclosed yesterday. It attributed this slackened pace of loan expansion, particularly in August, to a
    430 words
  • 138 18 THREE foreign banks in Singapore have announced cuts in their prime rates, effective from today. They are Bank of America and First National Bank of Chicago (from 10.75 to 10.5 per cent) and Hongkong and Shanghai Banking Corporation (from 10.25 to 10 per cent). Their move
    138 words
  • 202 18 From Front Pago trousers and shorts were unused by the end of September. It is likely the quotas will remain unused for the rest of the year since manufacturers do not expect overseas orders to come in by then. The slack demand, manufacturers
    202 words
  • 174 18 MR LAI WENG Cheong, who was to have been one of the People's Action Party's new candidates for the coming general election, died of cancer of the liver on Sunday. Mr Lai, a trade unionist, was admitted to the Singapore General Hospital after a
    174 words
  • 61 18 MALAYSIA HAS prepared a national contingency plan to control oil spills in the Straits of Malacca, and the plan will become operational in both major and minor spills. Malaysia's Science, Technology and Environment Minister, Datuk Amar Stephen Yong, said yesterday the contingency plan was to
    61 words
  • 368 18  -  By CHUANG PECK MING AT A TIME when there is a trade-off between the conservation of society's resources and the provision of an efficient health care system, Singapore has managed to achieve both. "In our own small way, we have managed
    368 words
  • 82 18 FOUR MEN and four women who pleaded guilty to employing Filipinas in non-domestic work were fined a total of $8,800 yesterday. Six were fined $800 each for engaging the Filipinas in jobs for which they did not have valid work permits. The Filipinas were working as
    82 words
  • 68 18 WALL STREET stock prices yesterday remained moderately lower in light afternoon trading. The Dow Jones Industrial Average was off about 5V2 points to under 1206. Overall, losing issues held a two to one lead over gainers. Volume was about 58 million shares. AVOO was up %to 39
    68 words
  • LATE FILE
    • 82 18 Reuter NORWAY, which is not an Opec member, will keep producing the same amount of oil in spite of proposals for an Opec cutback of 1.5 million barrels per day (bpd), Norwegian Foreign Minister Svenn Stray said yesterday. Mr Stray, who is in Singapore
      Reuter  -  82 words
    • 54 18 Reuter OPEC OIL ministers meeting in Geneva yesterday said they could reach agreement by today on reducing production to shore up the present price structure. After a first session between ministers of the 13 member states, Venezuela's Arturo Hernandez Grisanti, when asked about prospects for agreement,
      Reuter  -  54 words
    • 64 18 Reuter DIVERS are searching the Vistula River and a reservoir for the body of kidnapped Polish priest Father Jerzy Popieluszko following a police interrogation of his alleged abductors, the Polish Interior Ministry said yesterday. The ministry did not say whether the priest was reported by his
      Reuter  -  64 words
    • 73 18 Reuter THREE leading Pakistani women's groups have denounced as discriminatory a new law by the military government making a woman worth only hatf a man when signing business contracts. The Lahore-based groups said in a statement on Sunday night that the law, under which a business
      Reuter  -  73 words
  • Page 18 Advertisements
    • 414 18 Asian-Pacific Tax and Investment Research Centre Singapore presents 2nd Asian Pacific Tax Conference 4-6 December 1984 Hyatt Regency Singapore TAXATION AND THE TWO-WAY FLOW OF INVESTMENT BETWEEN ASIAN PACIFIC COUNTRIES AND THE DEVELOPED WORLD KEY TOPICS To What Extant Are Foreign Investment Decisions Ultimately Based on Tax Considerations Alun G.
      414 words
    • 400 18 DYNATECH's EVERGO-PC The computer that brings out the best in software. ti For those who demand nothing but the Best! You don't have to pay IBM"-PC's prices in order to get IBM quality The EVERGO-PC can run thousands of programs that also run in the IBM-PC Of course the EVERGO
      400 words
  • Page 18 Miscellaneous
    • 51 18 Outlook for todoy: Cloudy with showers in several areas. Report for 24 hours prior to 7.30pm on Oct 29 at the airport: Maximum temperature 29.7 Associated humidity 74 Minimum temperature 21.2 Associoted humidity 100 Hours of sunshine 0.05 Rainfall in millimetres 47.2 RainfoN this month 187.3 Rainy days this month
      51 words

  • SHIPPING TIMES
    • 342 19 A DETAILED report prepared for the US Maritime Administration released recently recommends that bulk-container vessels offer good employment opportunities in certain US trades. The report's authors, Temple Barker A Sloane Inc, C R Cushing Co, and Data Resourcs Inc note that
      342 words
    • 440 19 CARGO handled at various points of Singapore maintained steady progress between January and August this year. Total throughput, including those at the Port of Singapore Authority, rose by 9.6 per cent to reach 71.6 million freight tonnes compared with the first eight months of
      440 words
    • 640 19 WMIHI, U— Ng. Cat Afao Ahrenkiel Lrxf AJphotroru Alpoc APCLina APL ASCL Asiobrokcr Austasao Lin* Boll-Onent Bangkok Coot Bank Una B8S Ben Lin* Blue Star Burma Five Star Comeroon Shpg CC Lin* CCM Ceyton Shpg Chargaurs R*una Chorgeurs Havraite China Nov China Ocaan Cnan Combo Lin* Convoy
      640 words
    • PORTSIDES
      • 61 19 OVER 100 ships carrying cargo to northern Siberian settlements were trapped by pack ice in the River Lena for some 20 days. The cargo ships, temporarily trapped on the outward journey from the port of Tiksi to settlements near the mouth of the Yana River, found
        61 words
      • 64 19 THE GREEK merchant fleet continues to decline, with a 13 per cent loss in the number of ships and 10.4 per cent in tonnage. The Ministry of Merchant Marine said that vessels registered in Greece on July 31 this year totalled 3,021 of 34.9 million gross tons,
        64 words
      • 104 19 Reuter FOUR Japan/Korea Freight Conferences announced reductions in bunker surcharges. They are the Trans-Pacific Freight Conference of Japan/Korea, the Japan/Korea-Atlantic and Gulf Freight Conference, the Japan/Korea-West Canada Freight Conference and the Japan/ Korea-East Canada Freight Conference. The surcharge due to take effect on Nov 1 will be US$9/revenue
        Reuter  -  104 words
    • 726 20 NYT AMERICA builds lots of ships, but they are not the kind that carry newlyweds down to Bermuda or oranges up from Brazil. The vast majority are warships, very expensive single-customer items from a domestic industry that long ago priced itself out of the world's
      NYT  -  726 words
    • 127 20 Fairplay THE latest attempt to control US cargo moving through Canadian gateways ports has met the same fate as its predecessors. The US House of Representatives has roundly defeated the latest legislative bid to enforce the filing tariffs with the Federal Maritime Commission for any US intermodal
      Fairplay  -  127 words
    • 336 20 TWO Soviet coast earth stations have begun operations with the Inmarsat international maritime satellite communications system. The coast earth stations started operating on Oct 17, and are located at Odessa on the shores of the Black Sea. They provide high quality communications
      336 words
    • 398 20 Fairplay DENMARK'S Dansk Investing Fond (Difko) has placed an order worth US$42 million with the Odense Staalskibsvaerft for a 3,300-TEU container ship. It is second in container capacity to that which Daewoo is building for the United States Lines'
      Fairplay  -  398 words
    • 172 20 MEMBERS of the Europe, South and South-east Africa conference have lost more grounds to independent carriers. According to the conference's co-chairman, Mr Neil Forster, the four independent carriers have carved another 5 per cent of the South Africa/Europe trade from the conference. At present, the 16-mem-ber conference
      172 words
    • 1659 20 CHARTERING was patchy on the London freight markets on Friday after two weeks of comparatively active business. In the US Gulf, Soufflet covered 30,000 tons of grain for Morocco aboard a Nov 9-15 loader at US$12.50 fio. Tradax arranged the mid-Nov shipment of 54,000 tons to the Spanish
      1,659 words
    • 890 20 Oct 28-Nav 2 Inert gas and crude oil washing, Wilson Walton International course in conjunction with College of Nautical Studies, Warsash, Southampton. Oct JB»Nav 2 Third offshore search and rescue communicationsconference, Leith Nautical Centre, Edinburg. Oct JB-Nav 1 6th Lloyd's international aviation conference, Montreal. Oct Sl-Nav 2 Polymers
      890 words
    • 232 21 THE latest casualty of the shipping recession is Hongkong-based tramp shipowner Navegante Shipping Agency Co Ltd, which has closed its offices. A Sea trade Week report said the company controls a fleet of 16 ships built in the late fifties and early sixties, with an
      232 words
    • 558 21 Lloyd List CONTAINER lines operating in the Hongkong trades are heading for record profits this year, according to a prediction from the colony's major exporters' association. "The growth has been phenomenal," Mr Donald Hufford, executive director of the Hongkong Shippers' Council, said. He
      Lloyd List  -  558 words
    • 270 21 Lloyd's List BRITISH shipowners have launched a scathing attack on a new Conservative document on the future of the shipping industry. The document from the Centre for Policy Studies an independent Conservative research unit outlines more than 30 recommendations for the future of
      Lloyd's List  -  270 words
    • 107 21 THE Holland-based Nedlind Shipping Company will start a weekly outsider liner service between Japan and Indonesia. The line, backed by Indonesian and Dutch interests, plans to serve the main ports in Japan and Indonesia, as well as Singapore on sufficient inducement. Initially, three vesels
      107 words
    • 190 21 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits
      190 words
    • 5651 26 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
      5,651 words
    • 635 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Willine Toyo 552 30.10 84 2359 B With FSB 1100-1200 L4 Family Ace 506 30.10.84 2300 Shofuku FSB 0900-1100 U1 Siri Bhum 192N 30 10.84
      635 words
    • 1822 27 The leading shipping lines operating from local ports and their agents. A-B AFEA African Shipping Agencies (S>. Alro-Karasla line Transgroup (Si. Akrrakirl liner Service Kim Shpg <S> Alfred C Toepfer Oceanus Shipping Agen cies (St Marintex Enterprise PK) tlptr Intrasea (Si Bintang Shpg (KLI Island Cargo
      1,822 words
    • 521 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Anglee 38/9 Trl Ocean alongside 30.10.84/2100 Ava 47 Boustead alongside 30.10.84/2300 Court Lacy 5 Sun Ship alongside 30.10.84/0700 Donam No 6 27/8 NAPL alongside 30.10.84/1500 Feng Ming 13/4 Yick Fung alongside 30.10.84/0600 Huang Yun 29/30 Yick Fung
      521 words
    • 351 28 THE hiatus in the oil industry caused by uncertain future pricing and production quotas continued to create confusion on the tanker market last week, with both traders and charterers hesitating over their future programmes. One of the busiest areas was Mexico, which has remained out of the price
      351 words
  • Page 19 Advertisements
    • 234 19 SINGAPORE mess FOR PEOPLE WHO MATTER n J§*l •IAKDINK "*•.I AX I 11 FULLY CONTAINERISED SERVICE *OKNTAL CHEf 41* \M CONTMCI 42V D€yw.o PAU. in I am CONTAKR 28* I acwua ROff 41* I NEPTUC CRTSTAi 27* ItMFIEMMCX *4* ISIWE4H R. MCEJM VOT 27* I CiMmt Bremertiawn after I LaHawt
      234 words
    • 359 19 imiiDS SHIPPING Events 11/ X CONSORTIA 111 LONDON Freights 11/11 l SHIPPING Schedule VIII/IX CONTAINER Schedules IX WHO Acts for Whom IX SHIPS In Port X FZZTTT7 sjiUASC rin-Bi j. a.T" im UNITED ARAB SHIPPING CO (SAG) SEALORD SHIPPING AGENCIES 70 Shenton #Af C 4 OK MjunnHouw S.ngapo'f 020 If
      359 words
    • 812 19 20 FESCO LINES Tr FAR-EASTERN v SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE TBQ T AFRICA \< I f < N \I I\ I .\\l M »I I 6/11 24/11 25/11 J/11 1/12 2/12
      812 words

  • Page 20 Advertisements
    • 335 20 FAR EAST/EUROPE CONTAINER SERVICE E R Spore J 1> I Sated JUTLAND* 30/10 14/11 4/11 DUFT 6/11 21/11 U/U MHON 13/11 28/11 18/11 N OtMA 20/11 5/12 25/11 8 SUMA 27/11 12/12 2/12 SELANOW 4/12 19/12 9/12 N HOUTMAH 11/12 26/12 18/12 TOYAMA 18/12 2/1 19/11 20/11 22/11 26/11 27/11
      335 words
    • 416 20 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Waat Pacific North Woat Faodor at Tokyo Faodar at Koba Mm TSI Atlantic/Canada Faadar at Koba MIDDLE EAST i accepting LCL Cargo for USA Ports only. tohbo mau OfIDT «ty S>n Mi V3S/3H m/m 125/317 11/11 24 *11/3* 21/11 21 CONVENTIONAL SERVICES EOT
      416 words

  • Page 21 Advertisements
    • 869 21 The Straits Steamship Group wmm MANSFIELD CONTAINER SHIPPING PTE LTD QGL Overseas Containers Limited STRAITS SHIPPING Singapofe to Sabati, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT BANGKOK AGENTS: BORNEO AGENCIES LTD BANGKOK TEL: *****80 SINGAPORE TO SARAWAK AND BRUNEI Aha accepting carp far I* Aaiaaip. Hwtrtw, (Mi
      869 words
    • 565 21 Franco Belgian Services r.r r-,-*.» h, ,-un >\i, (MfMBIR OF AC I CONSORTIUM iekq fwm rutort STOK P tflU am u oar i*m *N» MUMS CQRTMEI II Not URr Qltuinu II Nn II Not CM* CQRTMO 24 to* 25 Not omani n%t IU Now» I'«m F'Slmm Mm B'Hato* tort «»-8
      565 words

  • Page 22 Advertisements
    • 633 22 Hapag-Lloyd EXPORTS TO CONTINENT/UK On carriage to Scandinavia, Med, Carribean ft S. America Wand hauiauge to inland destinations in Europe Liliiiuil; S pore P KHanf Penj Inott Bfcao Genoa H'fc*t Rdam ON VOUNUS (/U 1/11 10/11 J/12 «/12 9/12-14/12 12/12 22/12 Connecting in Kobe "Also occeptmg cargo tor ATLANTIC GULF
      633 words
    • 435 22 Sta HC.Sljne FULLY CONTAINERI S_E D SERVICE TO EUROPE VIA SUEZ 1 ,h ,tf C°" wtMT OMNTtt CMCF 41N 3 11 HONGKONG CONT/UNER 42* 10 11 CKVAIC* PAUL 42W 18 11 CMM CONTUCR 21* 24 11 CFCVAIO ROB 41*1 ?9 11 AISO lOAONG FOR BREMERHAVEN 23/11 25.11 27 11 30
      435 words
    • 432 22 EVERGREEN LINE FAR EAST/EUROPt CONTAINER SERVICE ACLtPTMG FCI i ici cwteorol SGP fKI Itc HK fll ROM WW LHV ,/U «/U 02/12 0*1? 05/12 07/1? t'f Gjthtf U/ll 05/1? 11/12 u/ij 14/1? 15/12 17/12 E»«r GWM 21/11 IS/1? 21/1? 22/1? 24/12 25/12 27/12 ALSO ACCEPTMG ICI FCI t FCIFCI TO
      432 words
    • 1131 22 KIE GWAN SHIPPING (M) SDN. BHD. No 26A lAL AN BE RANG AN PORT KELANG SELANGOR MALAYSIA TEL Nov *****2. 3J8435, *****2 *****4 3M122.30T097 Wf MALAYSIA/S'PORE TO E. MALAYSIA SERVICES: P KLANG S PORE tGAM6EIA Kkbiu S kan. Tawau In Pt/30 Oct THATI BAIK Kkbtu L Datu Tawau In Pt/3
      1,131 words
    • 164 22 US I NOSE MARITIME PTE LTD KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC /vm-.u. Nnra Swaoore Pleta* Loadnf tar. OCEANIA COURCR InPorl 30/10 Wewak. Madanf. CRYSTAL ROSE Accephnj Coot a AGENTS SINGAPORE PORT HUANG PI HANG 20/11 Wewak. Madanj, Lac. P. Moresby, Atotau. Kimbe Honiara. Noumea Lautoka, Suvi. Papeette
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  • Page 23 Advertisements
    • 849 23 PIL GROUP VESSEL KOTA MUTIARA KOTA PET ANI KOTA WUAYA KOTA SEJATI KOTA AGUNG KOTA SEGAR KOTA ABADI VOYAGE CP/48/84 E-529 E-531 E-533 E-53S E-537 E-538 SINGAPORE LOADING FOR: •-10/11 REUNION. ADEN 8-12/11 MOGADISCIO. MOMBASA, D'SALAAM. BEIRA 10-14/11 NODEIOAH, JEDOAH. PT SUDAN, MUKALLA 11-15/11 HOOEIOAH. AQABA, PT SUDAN, MUKALLA 1
      849 words
    • 866 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE straits europe 10 europe s pore parang uk ham bhaven roam mavk fcwvw 5/11 l/U 24/U 21/U 21/11 29/11 1/12 Honftonf lipitii 12/11 14/11 1/12 J/12 5/12 l/U 1/12 CaHfetjnhr 11/11 21/11 11/12 12/12 14/12 15/12 17/12 BmJtaor 21/11 21/11 U/12 11/12
      866 words
    • 582 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FuN Container Vessel. Busj* Yokotunu K«b« >Nhui| HnfktnfS poi» GOWK 13 W 11/10 19/1* 21/10 2S/10 mmnmivmis io n/io 30/10 3/u GO*» 114 W IS/11 17/11 22/11 IMMFMT VIS MB 20/11 2t/ll J/12 Hnfktnf Sparc If Pna <M) 27/10 1/11 3/U 5/11 10/11 12/11 23/11
      582 words
    • 414 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION Avo V7l Loikow VB9 Myomaywo VB3 Loshio V 36 Pogan V 79 Myomaywo VB3 Loading for Rangoon Spore P. Kelong 31/1 Nov 2/3 Nor 30/1 Nov 5/ 6 Nov 19/23 Nov 8/9 Nov Penong \> BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT
      414 words

  • Page 24 Advertisements
    • 1437 24 K LINE KAWASAKI KISEN KAISHA. LTD. ECUAOOR/PERU/CHILE rasa/ mother t wmmmix avessa PRIG me STORE KOBE GUATAQUI CALLAO MICA IQIRQUE A f AGASTA S ANTOMO VALPARAISO 3 Nov 5 No. 6 No. 26 No. 24 Dec 2* Dec 31 Oct 7 lan Iwi lib" CENTRAL AMERICA /CARIBBEAN SEA mtam. moticr
      1,437 words
    • 596 24 '/It CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE ludnt tar lOS ANGELES SMI fRANCISCO SEATTLE TACOAIA VANCOUVER B C Acctptanf fCL/fCL Cwlnn AUSTRALIA EXPRESS CONTAINER SERVICE Accwtaif fa fCJ. Catllium PAabat Spn fraa NtoA St* Ah» KO|h tSmiIUND 19 20 No. 27 No. 4Ok 10 Ok AM Bra -UNDAS" 23/74
      596 words
    • 533 24 SANKD ASIA FROM JAPANCSE POUTS ANO HOHGKOHG 1. GREAT MOUNT 2. RAJA TMOR 3. EOOMARU 4. BUIAT 5. STARLET 6. REGENT RANGER 7. AKIMARU Agent Smf jpore Sinfapore 3/4 Nov 3/5 Nov 6/8 Nov 6/8 Nov P KeUof 5/6 Nov 6/7 Nov 9/10 Nov 9/10 Nov 10/12 Nov 13/14 Nov
      533 words
    • 497 24 BREAKBULK SERVICE TO EUROPE/UK S pore P. Ketanf loadnt fm.BUNGA KENANGA *****13 9/11 «OTT/ANT/»I. (AVON) ALEXANDRIA *****14 U/U SETE/lOTT/ANT/H.K. (AVON) MA A|«its W* R La SEAWOOD SHIPPING CORPORATION S pore P Keiang load** tar: 12/11 IMiM/MM MTR42A (PIE) LTD BOOKMC 224*511 i BMTMK 9VPMC CO SOU M *****4 MnOnrun MariMne
      497 words

  • Page 25 Advertisements
    • 776 25 &NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE .^^ucic^. TO EUROPE/UK (VIA SUEZ): 28/11 5/12 14/12 19/12 24/12 31/12 A'wcrp 30/11 7/12 16/12 21/12 27/12 3/1 Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times: FCI Cargo 1200 LCI Cargo 2359 FROM EUROPE (VIA SUEZ) 2/11
      776 words
    • 461 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. riUSAN. INCHON Hi i Doum 407* ki Part I 31/10 Ho 7 OotUßi 40IN t U N* I Oonjm 40IN 17/11 No omm 406N nII No i Daw 40«N 1/12 l/U 11/11 17/11 27/11 2»/U 4/17 1/12 11/U 11/11
      461 words
    • 638 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SJNSOV EMLDMG 55, Market Street Singapore 0104 Telephone Plumbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANG M/S SHARKAT NAH SOON SON. BW IST AND ?N0 FLOOR. NU 1 IALAN CEMPEN* PORT KLANG MALAYSIA
      638 words
    • 108 25 ahrenkiel liner service (H.K.) LTD DURBAN JOHANNESBURG MAPUTO. MAURITIUS W JNION WESTBOUND NAXOS ISLANO 19W BARON STAR 106 PT LOUIS DURBAN 12.1184 17.1184 ETO ETA OURBAN SIN 27 10.84 13.1184 Agents: Kim Shipping Trading Pte Ltd 63 Market Street. *08-11 Tat Lee BWg S pore 0104 Tetex RS ***** KtMTRA.
      108 words

  • Page 26 Advertisements
    • 464 26 Itcyional Container Liiu-s 3 Sailings Weekly Reliable Regular Punctual Berthing P S A. 1500 Hrs. Tues, Thurs 4 Sat HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER I I.TK UK\\ LIFT < \RKIKK SINGAPORE ISLANDS LINE Store Loadtaf tar 13/18 Nov PL It*. tiurin. Tamatave, Madafascar, FULL CONTAINER SERVICE PAStWAU
      464 words
    • 82 26 FARGO SHfPFmC COMPANY (PTE.) LTD. r EXPRESS CONTAINER SERVICE i SINGAPORE/BANGKOK EVERY 2 DAYS Voy Sport Btt »l MM 192N Wt/31 Oct 2/ 3Nn THAN* SHIM 143N 3/4 No, 7/ S No, B** v 153* J/7 Nov fl/H Not TKANABHIM 144N 10/11 No* 14/15 No* j* lll 1M 13/14 No*
      82 words

  • Page 27 Advertisements

  • Page 28 Miscellaneous
    • 165 28 Regional Weather 0 a N Wa 0 Va K M r A A 32 M j£ W* B r LLm SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature Shower Weather Wind direction with speed in knots Ram O Cloody Sky Way h«ght Surface winds
      165 words