The Business Times, 4 December 1984

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 66/1/84 TUESDAY, DECEMBER 4,1984 60 CENTS
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  • 443 1  -  Limited impact on Singapore banks By ALVIN TAY,AMY BALAN THE Monetary Authority of Singapore has started enquiries into local banks' involvement in the Republic's biggest bank loan loss to a single customer. Initial estimates indicate that possible losses from loans to Chop Hoo Thye,
    443 words
  • 499 1 THE MALAYSIAN government has directed Bank Negara to relax the conditions on loans given by financial institutions for the purchase of shares. Opening an investment seminar in Kuala Lumpur during the weekend, Land and Regional Development Minister Datuk Seri Adib Adam
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  • 302 1  -  By FOO CHOY PENG THE RELATIVE ease with which skilled South Korean workers are permitted to work in Singapore has prompted more companies to turn to South Korea for their labour supply. At least five more companies are completing negotiations with a South Korean
    302 words
  • 362 1 FALLOUT from the Chop Hoo Thye affair pushed the Singapore stock market sharply downwards yesterday. The BT Composite Index fell 12.47 points to 703.80 while the Straits Times Industrial Index lost a hefty 16.18 points to 801.38. Volume was low at 7.14 million
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  • 458 1  -  By LIM SOON NEO TWO JAPANESE companies have entered the venture capital business in South-east Asia to provide financing to smaller firms and to help start up ventures in the area. As a first step towards this, Sumitomo Life Insurance Co and Nippon
    458 words
  • 489 1  -  By LOH HUI YIN SINGAPORE'S drive to forge ahead in high-technology research and development is gaining momentum under the revamped Science Council. The council is setting up three high-powered units, one of which will be given the task of promoting the Science Park to
    489 words
  • 55 1 THE PUBLIC can now visit the National Exhibition at weekends and public holidays without a-ticket. The organising committee of the National Exhibition yesterday announced that the ticketing system has been discontinued. Admission on weekends has, until yesterday, been by ticket. The exhibition has been extended by
    55 words
  • Page 1 Advertisements
    • 57 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM KOHLER styles that finishing touch into the beauty of your home rtn\n vour h<nm' with K(>hk r s c hok e ot faucet st v les jrul liftings (torn hold modern designs fu *>t ok) world c h.irm (.r<K e \our home v.ith the
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    • 265 1 +~)*[%']-*^<[(+[=-[:,|`~:^)"\=@ AIRCRAFT 6 MONEY EXCHANGES 7 SPORTS THE DEVELOPER of Wismo Golodori in Orchard Rood is scouting for tenants to fill a further 15,000 squore metres of retail space in the complex. The plan is to set up 11 eating outlets spreod over five shopping levels. Pag* 3 THE AUSTRALIAN
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    • 35 1 FuH report, Pag* 13 Asian stocks, Pag* 11 International stocks, Pag* 10 What does KLM mean in English?" Reliabilityin any language." KT^M |if KLM. Rrst in the air. The Reliable Airline KLM Royal Dutch Airlines
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    • 6 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM
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  • HOME NEWS
    • 432 2  -  By JEFFREY TSANG THE Housing and Development Board recently awarded 10 separate contracts worth a total of $94 million. This huge sum arose mainly from a contract for the design and building of flats at Simei Estate in Tampines worth $75.6 million. Lee
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    • 117 2 THE Department of Extramural Studies of the National University of Singapore is holding full-Sunday workshops for management personnel. The workshops on applied psychology for managing people will be held on Dec 9,16 and 23, from 9am to 6pm. Course fee is $130. The workshops will be
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    • 355 2 FOR THE FIRST time, Singapore has booked space for a national stand at a prestigious food fair in West Germany. A team of about 10 food manufacturers will take part in the Anuga 85 fair to be held in Cologne from Oct 12
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    • 272 2 THE SUBJECT of how the Singapore economy will develop over the next 25 years will be discussed at the Inaugural Lim Tay Boh Memorial Lectire this Friday. Professor Helen Hughes, executive director of the Development Studies Centre of the Australian National
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    • 427 2  -  By GRACE YU A CLAIM that the adoption of a standard computer system by government departments would improve Singapore's chances of becoming a regional computer software centre has been put forward by the general manager of Automated Systems, Mr Sunny Tan. Automated Systems
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    • 58 2 A NEW HOME aftar 37 yaara. Tha Singapore Contractors Association Ltd racantly movad from its pra-war haadquartars in Nail Road to a naw $3.5 million building off Jaian Bukit Marah. Construction Housa, standing on a 1,500-aq matra sits, has many facilitiaa, including a multipurpoaa hall, a
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    • 319 3 THE MINISTRY of Labour's plans to become fully computerised in five years' time have been approved. The computerisation plan, costing $9.5 million, is part of the ministry's commitment to productivity through mechanisation and training of workers. Speaking at the opening of the ministry's productivity
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    • 54 3 MRS BIRGITTA DAHL, Sweden's Minister of Energy, will visit Singapore from today to Dec 7 at the invitation of Dr Tony Tan, Minister for Trade and Industry and Minister for Finance. Mrs Dahl will officiate at the opening of "Technology Sweden", a trade promotion event at
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    • 186 3 THE OLDEST tax consultancy company in Holland has opened an office in Singapore. Loyens Volkmaars's office in Singapore will provide advice to clients planning to invest in the Far East and Australia. Mr Maarten Freeh, one of the company's partners, told BT: "Tax is
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    • 532 3  -  By ANNA TEO FOR THOSE who would like a short cut through history, a volume on Singapore's triumphs and trials over the last 40 years, in pictures, will soon be on the bookstands. More than 600 photographs fill the 400-page Singapore: An
      532 words
    • 162 3 THE COMMUNITY Chest of Singapore says 300,000 of its Christmas cards have been sold since June, but it hopes that companies and individuals will continue to lend their support. Proceeds from the sales of the cards, priced at 50 cents, will go towards meeting a
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    • 365 3  -  Food and fashion to be main crowd-pullers at complex By LISA LEE THE DEVELOPER of Wisma Galadari in Orchard Road is scouting tor tenants to fill another 15,000 square metres of retail space in the complex. H>e plan is to set up 11
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  • Page 2 Advertisements
    • 218 2 A sound investment plan begins witti office space in Raffles City Tower. Singapore's most valued, prestigious location. At the heart of the Central Business District, connecting Shenton Way, Raffles Place and Orchard Road. The gateway to Changi Airport via East Coast Parkway. And served by the City Hall MRT Interchange
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  • Page 3 Advertisements
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  • OVERSEAS
    • 476 4 Reduced majority not expected to affect policies Reuter THE AUSTRALIAN Labour government is expected to stick to pragmatic economic policies in spite of the unexpected late swing which left Prime Minister Bob Hawke's administration with a reduced majority after Saturday's election. When counting
      Reuter  -  476 words
    • 190 4 Reuter JAPAN plans to announce a trade liberalisation package before the end of this month and many of the tariff cuts being studied will interest developing countries. Yoshiji Nogami, director of the Foreign Ministry's Economic Affairs Bureau, said the package was intended
      Reuter  -  190 words
    • 96 4 AP US PRESIDENT Ronald Reagan's plan to win sweeping steel import restrictions by Dec 18 is on track after 60 days of talks even though no foreign supplier has yet agreed to limit shipments, the chief US steel trade negotiator says. Robert Lighthizer, deputy to
      AP  -  96 words
    • 426 4 Reuter, UPI THE LEADER of New Caledonia's self-proclaimed government has agreed to meet a French envoy but maintained roadblocks on the South Pacific islands and demanded the release of 17 pro-independence rebels. Jean-Marie Tjibao, president of the "provisional government" proclaimed on Saturday by
      Reuter,; UPI  -  426 words
    • 107 4 Bernama PRESIDENT Ferdinand Marcos of the Philippines said developing countries would need the understanding and cooperation of their developed counterparts to stop the brain drain of their trained but scarce human resources. In a keynote address at the opening of the 24th Biennial Congress of
      Bernama  -  107 words
    • 149 4 NYT ORGANISATIONS that depend on charitable contributions would be severely hurt if the US Treasury Department's plan for revising the income tax system were adopted, according to spokesmen for religious groups, universities, foundations, cultural institutions, and associations providing services to the needy. They said
      NYT  -  149 words
    • 504 4 NYT THE US ECONOMY continued to be sluggish in November, with the rate of new orders virtually at a standstill, the National Association of Purchasing Management concluded in its most recent report. It also said December would likely see little or no growth. According
      NYT  -  504 words
    • 355 4 UPI THE WHITE House has sent Congress an interim report stating that the Soviet Union has violated arms control agreements with the United States in at least seven areas. The report, in the form of a letter prepared by National Security Adviser Robert Mcfarlane, was
      UPI  -  355 words
    • 192 4 AP NATIONS should stop testing and deploying nuclear weapons in order to "rid the world of the awesome danger of nuclear catastrophe", the Independent Commission on Disarmament and Security Issues said at the end of a four-day conference. It also called for improved East-West
      AP  -  192 words
    • 112 4 AP CHANCELLOR Helmut Kohl's spokesman has accused a newsmagazine of conducting an "irresponsible campaign" against the West German leader with its latest article on the Flick payoff scandal. Der Spiegel newsweekly claimed that Kohl intervened in a 1975 fraud investigation to protect a West
      AP  -  112 words
    • WORLD IN BRIEF
      • 72 4 CHINA'S state-run press gave prominent coverage on Sunday to US reports linking Taiwan-based suspects to the slaying of Chinese American author Henry Liu, who supported reunification of the island with mainland China. Xinhua news agency quoted a spokesman of a Chinese American group as saying that Washington "should
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      • 40 4 THE WORLD now has nearly 13 million people who have fled their homelands after recent wars or revolutions or other political turmoil, and the number of refugees still shows a tendency to grow, the Japanese Foreign Ministry said yesterday.
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      • 62 4 FIRE WRECKED the biology building of Shanxi University in China, consuming 54,000 rare plants and some priceless work dating back to the *****. The Guangming newspaper, which said the fire occurred early on Nov 2 at the campus in the Shanxi provincial capital of Taiyuan, blamed the blaze
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      • 66 4 THE POPULARITY rating of Japanese Prime Minister Yasuhiro Nakasone's Cabinet continued to rise last month, reaching yet another high of 48.8 per cent, according to a press poll. For the third consecutive month, the Nakasone Cabinet scored the highest popular support rating since the inauguration of Prime Minister
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      • 77 4 AMERICAN ambassador to the UN, Jeane Kirk pa trick dismissed a possible run for the presidency in 1968 as "insane" and also said in an interview that criticism of her may be tied to a "special resentment of women". Mrs Kirkpatrick, who has said die wants to leave
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      • 55 4 ROYAL BRUNEI Airlines (RBA) is to replace all its expatriate pilots and engineers with Bruneians over the next 10 years under a localisation programme. Bemama news agency, quoting a statement issued by RBA in Bandar Seri Begawan, the state capital, said 87 per cent of the airlines'
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      • 57 4 PAKISTANI military authorities have banned newspapers from reporting criticism of President Mohammad Zia-Ul-Haq's plan to hold a referendum for a further five-year term of office. Media sources said on Sunday that the newspapers were told violation of what is now known in Pakistan as "press advice" could mean
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      • 56 4 TWO ARMED raiders were convicted on Sunday of taking part in Britain's biggest robbery, a £26 million (US$3l million) haul of gold, diamonds and cheques. However, police say they may never discover the secret of what happened to the massive treasure trove stolen from a Brinks Mat security wareltouse
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      • 69 4 A US FEDERAL judge has found the author of a controversial biography of Pope John Paul II in contempt of court for failing to comply with a court order to prodbce all notes, travel records, correspondence and photographs collected in the writing of the book. The judge imposed
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      • 56 4 Agencies FIFTEEN MILLION of China's 40 million Communist Party members are illiterate or poorly-educated peasants, who must make way for younger, "more promising" recruits, the China Daily said yesterday. The newspaper attacked Mao Zedong's radical policy of the *****, '60s and '70s, which favoured poor, uneducated peasants as the
        Agencies  -  56 words
    • 502 6 Reuter AP A SOLDIER and a civilian were the latest casualties in northern Sri Lanka where security forces are battling a sudden upsurge in attacks by separatist Tamil guerillas. The guerillas shot dead a soldier who was guarding the array's northern command headquarters
      Reuter; AP  -  502 words
    • 478 6 Bernama KHMER resistance forces, bracing for a major Vietnamese assault on another resistance base along the Thai-Cambodian border, are reported to be hitting enemy supply lines in a bid to stall a full-scale attack. Resistance fighters belonging to the Khmer People's National Liberation
      Bernama  -  478 words
    • ECO-NOTES
      • 35 6 MALAYSIA has raised the total export duty on crude palm oil (CPO) to M 5389.86 per tonne from $368.22. However, duty on processed palm oil (PPO) was lowered to $417.96 from $421.82.
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      • 51 6 BANGLADESH earned about U5522.4 million from exports of ready-made garments during the first four months (July- October) of the fiscal year 1984 to 85. The volume of exports of garments had been increasing quickly and that during the current fiscal year, the target for exporting garments might be
        51 words
      • 79 6 SOUTH KOREA will spend about a third of its national budget on defence next year. A parliamentary spokesman in Seoul said yesterday that the budget for 1985 has set aside US$4.7 billion for defence, up 10.8 per cent from 1984. The increased military spending is needed to meet
        79 words
      • 51 6 ISRAEL'S Central Bureau of Statistics has announced that because of inflation, it is to release figures on the skyrocketing cost-of-living twice a month instead of once. With inflation now running at 800 per cent a year, businessmen and trade leaders need faster information, said a spokesman for the
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      • 47 6 Agencies THE Thai Finance Ministry has issued five billion baht worth of new investment bonds to absorb liquidity in the local money market. The 10-year bonds, yielding 12.5 per cent tax-free interest payable semi-annually, will be offered only to commercial banks and finance institutions. Agencies
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    • 259 6 Reuter, UPI JORDAN'S King Hussein, who held final talks yesterday with Egyptian President Hosni Mubarak, has denounced the US-sponsored Camp David accord between Egypt and Israel and presented to Egypt's parliament his own peace plan. Winding up his first visit to Egypt since 1977,
      Reuter,; UPI  -  259 words
    • 305 6 AP "DEMOCRACY may, after all, turn out to have been a historical accident, a brief parenthesis that is closing before our eyes," says Jean-Francois Revel, one of France's foremost political commentators and longtime foe of communism. How democracies perish, published by Doubleday in November,
      AP  -  305 words
    • 253 6 AFP CHINA intends to triple its production of cars and other vehicles over the next six years, to reach an annual production of 920,000 units by 1990. Mr Zhou Jiannan, Minister of the Machine Building Industry was quoted by the China Daily
      AFP  -  253 words
    • 329 6 AP MEETING under stringent security precautions, leaders of the European Comjnon Market began a twoday summit yesterday to grapple with internal problems of the trading bloc and to review warming East-West relations. Dublin police forces, backed up by the army, were preparing a
      AP  -  329 words
    • 167 6 AFP THE BEST WAY for Taiwan to cut its trade surplus with the US would be to get richer and buy more American goods. Premier Yu Kuo-hwu said yesterday that "in order to reduce the trade gap, the solution might lie in
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    • 437 6 Bernama MODERN defence strategy lies in building national resilience and shaping a strategic environment where threats are minimised, Malaysian Prime Minister Datuk Sen Dr Mahathir Mohamad said yesterday. Addressing the Global Community Forum *84 Malaysia in Kuala Lumpur, he said that the
      Bernama  -  437 words
    • 92 6 Reuter SEVERAL hundred students marched on the US Embassy in Bangkok yesterday to demand the defeat of legislation they said would dump drugs too hazardous for Americans on the Third World. They carried banners reading: '"Hiailand is not a dumping ground for your garbage. Thais
      Reuter  -  92 words
    • 760 6 ARRIVALS Operator Service number Local time From PAA CV MAS MAS MAS MAS MAS RBA SIA CPA GIA SIA SIA THAI SIA MAS GIA MAS SIA GIA GIA SIA SIA SIA THAI GIA THAI SIA SIA KLM LUFT CPA MAS MAS MAS ANZ BA SIA MAS SWR
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  • Page 4 Advertisements
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  • WORLD BACKGROUND
    • 532 5 Reuter THOUSANDS of Indians are worried about their future in Hongkong after the British colony, which they helped build from a barren rock to a prosperous financial centre, is taken over by China in 1997. "After 1997, we become second-class citizens overnight," Hari
      Reuter  -  532 words
    • 541 5 President in poor health and absent from public view UPI THE OBVIOUS poor health of President Ferdinand Marcos and his disappearance from public view has his opposition frantically looking for a possible successor and the people of the Philippines pondering about their future. The
      UPI  -  541 words
    • 416 5 Reuter TAIWAN'S gangsters, who control most of the island's gambling, prostitution and protection rackets, are disintegrating under a determined government crackdown on organised crime. A senior police official said more than 300 gangsters, including several leaders of big gangs, were arrested last month. The
      Reuter  -  416 words
  • Page 5 Advertisements
    • 145 5 When long-term emess strikes your employee, we'll pay him a .mmkmonthly income. vH What can you do for an employee who is prevented from working because of long-term illness or an accident? As a caring employer, you continue to pay him a salary to help him support his family, meet
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  • Page 6 Advertisements
    • 132 6 >y Get the full support of 'The Elephant' The Philips Personal Computer Service Team Like the elephant who can support more weight than any when and where you need it. And that's a guarantee other animal, only Philips can support you like no other only Philips can make. company can.
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    • 7 6 More Seat room. More Ijegroom. More Space
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  • BANKING AND FINANCE
    • 1007 7 SINGAPORE: The American dollar closed firmer yesterday against most major currencies. Dealers said it was underpinned by a belief US interest rates had bottomed out and by news US trade deficit for October had narrowed to US$9.lB billion from $12.65 billion in September. The US dollar closed higher
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    • 196 7 HONGKONG The metal closed a shade easier yesterday reflecting the strength of the US dollar in quiet trading. The metal closed at U*****.45/85 an ounce compared with Saturday's $329.30/70 and New York's $328.75/329.25 on Friday. Local gold finished HK$B lower at $3,076 a tahil. Krugerrand was $15 off at
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    • 421 7 TRADING was light on the EareMlar market yesterday as dealers were cautious after the sharp fall over the weekend. The sharp downward correction was prompted by the larger increase in money supply. In line with the lower closing at Chicago, Simex Eurodollar opened lower. December and March contracts opened
      421 words
    • Article, Illustration
      154 7 THE OVERNIGHT rate fell by %-point from Friday to close at 6'A per cent on the Singapore interbank money market yesterday. The one-month rate rose by i -point to 63/16 while the two-month maturity was up V» -point at 6'/« per cent. •fIOCATEStfit "trif* to prim» lendtoc rates
      154 words
    • 219 7 Asian market Interbank deposit rates US$ Offer Bid 7 doys 9 3/16 9 1/16 1 month 9 3/16 9 1/J6 2 months 9 5/16 9 3/16 3 months 9 7/16 9 5/16 6 months 9 3/4 9 5/8 9 months 10 3/16 10 1/16 12 months 10 3/8 10 1/4
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    • 606 7  -  DBS' application came as a surprise By FLORENCE CHONG THREE of Singapore's Big Four local banks DBS Bank, United Overseas Bank and Oversea-Chinese Banking Corporation have each submitted an application to the Australian government for a banking licence. Sources in Asian banking
      606 words
    • 244 7 Reuter THE EUROPEAN Investment Bank (EIB) may make the largest European Currency Unit (ECU) Eurobond issue yet, using a formula designed to make it particularly attractive to French investors. Primary bond market dealers say the French Treasury is considering whether to permit the
      Reuter  -  244 words
    • 393 7 NYT THE AMERICAN Federal Deposit Insurance Corp (FDIC), which saved the Continental Illinois National Bank and Trust Co from bankruptcy this summer, is demanding the resignations of 10 of its 16 directors. John Swearingen, the new chairman of the bank's holding company,
      NYT  -  393 words
    • 355 7 Reuter CONCERN that the US Federal Reserve has ceased easing its grip on reserves and upward seasonal and technical pressures on the federal funds rate will continue to put pressure on credit markets. Traders said investors were worried the Fed would not foster
      Reuter  -  355 words
    • 114 7 Reuter BUNDESBANK president Karl Otto Poehl says he sees no need for a cut in leading West German interest rates. He told the Swiss Financial Fhuua und Wirtschaft that West German capital market interest rates have been falling for the last three months, even
      Reuter  -  114 words
  • Page 7 Advertisements
    • 97 7 A BARGAIN TO SUIT YOU Chanrai's special offer on suits couldn't come at a more By suitable time! Order your new suit now and get a FREE pair of English Terylene wool made-to-measure trousers worth $85. In addition, if your tailoring orders total more than $390, you'll get a further
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  • FEATURES
    • 496 8 THE SUSPENSE has ended. Singaporeans go to the polls on Dec 22 and the official announcement confirms a long series of speculations. Since the Prime Minister announced an early poll a year ago, almost everything has turned out as expected the stepping down of several "old
      496 words
    • 1514 8  -  Once the blue-eyed boy of the press, Bill Wyllie finds himself under fire for his Regal venture By TERESA LIM, Hongkong Correspondent IT USED TO BE that Bill Wyllie could do no wrong. The blue-eyed boy of the press world, he started life poor but determined.
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    • 869 8  -  By LEONARD SILK NYT THE UNITED STATES Treasury Department's report to President Reagan, entitled "Tax reform for fairness, simplicity and economic growth", has been called the biggest trial balloon since the Hindenburg. And ever since the report sailed into view, affected groups, ranging
      NYT  -  869 words
  • Page 8 Advertisements
    • 141 8 □lETHELM Furniture that has no equal 190 Ctomenceau Avenue *04-02 Singapore Shopping Centre Singapore 0923 Household furniture fel 336 2006 Office lurnrfure W 336 2005 PHILIPS Link up with The Elephant' The Philips Personal Computer 3100 With the Philips 'Elephant', you can configure your own local area you can link
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  • SPORTS
    • 563 9  -  By BRIAN MILLER APPRENTICE JOCKEY Luke Danis didn't get much sleep on Sunday night. And yesterday, he was still upset and angry with himself for being slapped with a three-day suspension by the stewards of the Selangor Turf Club. "You guys may say
      563 words
    • 534 9  -  By WALTON MORAIS AFTER 18 months, Singapore bowlers appear to be finally coming to terms with the synthetic lanes at the Kallang Bowler-Drome. After months of bickering about the difficult lane conditions, they've managed to put their minds to the
      534 words
    • 295 9 AP DEFENDING CHAMPION Arnold j Palmer scored a birdie 3 on the final < hole for an U-under 205 and a dramatic one-stroke victory on Sunday over i Orville Moody and Lee Elder in the US$2OO,OOO Quadel PGA senior classic in Boca Raton, Florida on
      AP  -  295 words
    • 288 9 Reuter WORLD CHAMPION Steve Davis cut off a spirited fightback by Alex "Hurricane" Higgins and won the last seven frames to add the United Kingdom Open snooker championship in Preston with a 16-8 victory in the final on Sunday. But the 27-year-old English star had
      Reuter  -  288 words
    • 318 9 Reuter TOP seeded Ivan Lendl powered his way to the fourth round of the Australian Open tennis championships after dropping the first set to 19-year-old Frenchman Tarik Benhabiles at Kooyong on Sunday. In a match which was twice postponed because of
      Reuter  -  318 words
  • Page 9 Advertisements
    • 215 9 :(=`(/$_>>/;|>[/>$>${{-+%?>})~% P.T. PELAYARAN NASIONAL INDONESIA (PELNI LINES) TO SUPPLIERS OF GOODS, MATERIALS, REPAIRERS AND OTHER PARTIES RENDERING SERVICES TO P T PELAYARAN NASIONAL INDONESIA FM: PT PELAYARAN NASIONAL INDONESIA re notice of Authorisation for CONTRACTS WITH PT PELAYARAN NASIONAL INDONESIA NOTICE IS HEREBY GIVEN with immediate effect that all purchase
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  • Page 9 Miscellaneous
    • 1184 9 w mi) aaiDCKD HIGHLIGHTS Applause Jazz at the Smithsonian Red Norvo 9.00 pin, Channel 12 A veteran of 50 years of music making, alumnus of the great swing bands of Woody Herman, Paul Whiteman, Benny Goodman, leader of his own outstanding groups, Red Norvo is one of the giants in
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    • 673 9 ■ireiKHia-<aGaa CRYPTIC PUZZLE ACROSS 3 Was wrong to have an afterthought on exchanges (5) 8 A large food-crusher (5) 10 Some horrid errors by an equestrian (5) 11 Far different service (3) 12 Gold bar possibly 1 hod (5) 13 In which senior scholars play best (3, 4) 15 Animal
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  • INTERNATIONAL COMPANY NEWS
    • 489 10 UPI, AFP THE BIGGEST stock market flotation in the world, the sale of shares in British Telecom, was five times oversubscribed and big-time investors were left with none when the shares were allocated last Sunday. "We wanted to favour the small man," a spokesman for
      UPI,; AFP  -  489 words
    • 127 10 Reuter GENERAL MOTORS Corp (GM) is negotiating with the state-owned Mexican truck manufacturer Diesel Nacional SA on terms for a joint venture to manufacture trucks and diesel engines. A spokesman says GM, which has a wholly owned subsidiary in Mexico, expects to conclude
      Reuter  -  127 words
    • 400 10 UPI COMMUNICATIONS SATELLITE Corp, saying it will absorb a US$24 million loss, has shelved its five-year-old plan to enter the direct satellite-to-home television business because the investment and risk is too big. Comsat's decision to "redirect its approach to direct broadcast satellite" ended the company's
      UPI  -  400 words
    • 526 10 NYT IN CONTRAST TO last year's celebratory mood, leaders of the US securities industry ended their annual convention sobered by a year of depressed profits and major uncertainties in the months ahead. Senator Donald Riegle Jr said: "The industry is facing some enormous challenges,
      NYT  -  526 words
  • Page 10 Advertisements
    • 410 10 The BEEFEATER I At LI AT TOWERS! Had enough of seafood restaurants and Chinese 10-course dinners? Here's the true-blue English alternative. Outgrown disco and can't 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
      410 words
    • 68 10 Time: 12 noon 2.30 pm Price: $12 00" Fashion Show: 1.15 pm Models mori/oloA Modeling Agency Clcrthesby NouveJle Creation Free Shampoo by KdO S'pOie Pte Ltd Ray Ban Sunglasses by Bausch Lomb PRESIDENT MERLIN HOTEL SINGAPORE w 181. Kitchener Road, Singapore 0620 j| Tel: *****22 Daily new Businessmen's Lunch at
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    • 143 10 v Feng Cheng Lou for the best Teochew food in town. Discover 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 cßown ©PWNCEfOm. 2700rchard Road Singaporeo923Tele*:
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  • ASIAN STOCKS
    • 311 11 HONGKONG: Stock prices closed lower in light trading yesterday in spite of a late afternoon rally. The Hang Seng index, which was off 8.74 in mid-morning, regained some ground to finish the day at 1122.26, off 5.84 points from Friday's close. Turnover was $111.14 million compared with Friday's 254.90
      311 words
    • 221 11 OK 03 HT +0.45 +0.2 +0 1 +0 5 .Cham Indus lian Hwo Indus 18.90- 1160 29 90 i*»ch +0 2 Poof* Cons 26 70 Cathay Cons Chang Hwa Bank 28 20 57 00 Pocihc Bad Wre I860 unch Chan Loong 18.10 0.3 +0 5 +04 Poo4ung Papar 1.48
      221 words
    • 363 11 TOKYO: Share prices rose sharply on bullish end-year sentiment, pushing the market average to a record closing high of 11,513.58 in active trading. The average rose 74.94 on the day after gaining 9.74 on Saturday, on turnover of 630 million shares against 320 million in Saturday's half-day of trading.
      363 words
    • 113 11 MANILA: Prices closed generally steady in quiet trading. The mining index was down 0.94 to 753.14 but the commercial and industrial marker was unchanged at 107.91 and the oils index was steady at 0.606. DEC 03 fan* >«ntal B 0011 -0 002 Ov«r*eo* 0 0065 unch >hfe x B
      113 words
    • 391 11 SYDNEY: Australian share markets closed weaker yesterday with pressure intensifying in the afternoon. At 3.15 local time, the All Ordinaries index was 9.0 points lower at 740.0 points, the All Industrials 8.3 down at 1086.5 and the All Resources Indicator 9.3 softer at 472.9. Falls outnumbered rises by more
      391 words
    • 153 11 BANGKOK: The market closed higher in active trading. The Book Club index rose 1.39 points to 130.16 as advances led declines by more than four to one. Turnover stood at 1.24 million shares worth 73.6 million baht compared with 1.36 million worth 107.5 million on Friday. DEC 03 Mit
      153 words
    • 77 11 Dec 3 Bonk Seoul Won 651 Hyundai Motor KAL 621 535 -2 unch Choheung Bk 650 14 Korea Fni Korea CM 1285 -9 Commercial Bk 710 549 -5 .1 Korea Sh*> 417 +2 Doewoo Corp 467 634 +2 2 Lucky Ltd 797 755 2 Dong Ah Gold Star 659
      77 words
    • 70 11 Reuter MITSUBISHI METAL Corp and Mitsubishi Warehouse and Transportation Co Ltd have jointly started selling gold, silver and platinum in warrant form. A Mitsubishi Metal spokesman says the aim is to avoid bullion assay procedures and to enable investors to re-sell the metals in the
      Reuter  -  70 words
    • 279 11 UPI THE CARS rolling off the assembly line at a rejuvenated General Motors plant this month mark the first cooperative manufacturing effort by a Japanese carmaker and one of Detroit's three big car builders. New United Motor Manufacturing Inc (Nummi), a joint
      UPI  -  279 words
    • 190 11 Reuter THE BANQUE PARIBAS group will acquire a 15 per cent stake in the enlarged capital of Australia's newest and smallest trading bank, Australian Bank Ltd, as part of a capital increase, the bank said. In addition, Lend Lease Corp Ltd and its
      Reuter  -  190 words
    • 119 11 AFP THE NUMBER of Japanese textile bankruptcy cases increased by 5.7 per cent to 129 in November, with their liabilities totalling 60.8 per cent more than a year earlier. The Credit Exchange of Nagoya, the largest textile centre in central Japan, said the increases were mainly
      AFP  -  119 words
  • Page 11 Advertisements
    • 481 11 li? w 1 "5 S3 is )r.P _<•; I Paramount Hotel a here the happy people go H I '<A C' *0 >• ill j\&nda 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:
      481 words
    • 125 11 Good Food At Fair Prices Savoury Delights Await You At 9 r M a am** n* a*mm •> -4 //o/ig Aon; Dian Xih available during lunch! For reservations call. 235 2698 or 734 6622 9 ext 141/144 t c 0 Lanch: Ham-3pm Dinner 6pm- 11pm MMMIII Ml'Kf J 19 CairnhiO
      125 words

  • RAW MATERIALS
    • 423 12 AFP THE RECENT easier tone in the world sugar market has continued for much of the past week with nearby sugar being traded at very competitive levels to both Tunisia and Sweden, albeit for special reasons, while the volume of releases by
      AFP  -  423 words
    • 571 12 AFP THE Philippines' foremost export, coconut, continued to be buoyed by high prices as it brought in US$6B6 million on shipments of 966,960 tonnes in copra terms in the last 10 months. This is 22.7 per cent more in value from total volume
      AFP  -  571 words
    • 95 12 Reuter KENYAN TEA production between January and October totalled 88.89 million kg, compared with 95.77 million in the same year-ago period. Lower output had been due to drought, but conditions had improved recently and October production was slightly above a year ago at 12.83 million kg
      Reuter  -  95 words
    • 392 12 Bernama THE RECENT rise in the price of gold has sparked off tremendous interest in gold mining in Sarawak, according to Wong Kee Koung, the deputy director of the Mines Department for East Malaysia. Many areas, which were once
      Bernama  -  392 words
    • 156 12 Chinese Produce Exchange (Sellers' noon closing prices on Dec Robusta 20/25% FOB NSW Nutmeg 110 FOB NSW 492 50 438 00 3. iw ngj B W FOB NSW 281 00 Coconut oil Gombier Bulk FOB 180 00 FOB NSW 305 00 Old drum FOB 193 00 New drum
      156 words
    • 288 12 Singapore A-1 speciol 187 (SS/kilo, ei-godown) Thai white C-1 special C-1 Ordinary Loonzam 100% unq unq 100% 1st doss first grade unq (kangaroo) 100% second grade 230 new crop 096 100% third grade unq 100% 2nd class 100% 3rd class 070 070 Parboiled 227 25% new crop No stock
      288 words
    • 73 12 Reuter THE Thai cabinet has rejected an Agriculture Ministry proposal that private rice exporters sell at prices above governmentfixed minima. Commerce Minister Kosol Kraikirsh said the Thai government would maintain its current policy of allowing exporters to compete freely for foreign orders. The Agriculture Ministry
      Reuter  -  73 words
    • 860 12 COFFEE Robusta futures closed a very subdued morning yesterday with gains from last Friday's close of £8 to £6 per tonne. January ended at £2,902, up £6. Turnover totalled 496 lots including 230 crossed trades and one option. Prices firmed from the opening, aided by background support from
      860 words
    • 81 12 The Kuala Lnmpor Tin Market price yesterday held at the ITA fleer level of M 521.15 per kg. The Koala Lam par premium wtdeaed slightly te £JM per tonne over LME spot tin following a lower elose In London. Velame of tin concentrates delivered rose to i,M4 tonnes
      81 words
    • 123 12 MALAYSIAN crude palm oil prices yesterday closed lower on late selling and lack of buying interest in quiet trading despite a higher Chicago soybean complex close last week. December deliveries in the north region fell Msls to $1,245 per tonne while south and central eased $7.50 to $1,242.50.
      123 words
    • 135 12 Yarn (In HKS per bole of 400 lb) China carded yarn, cones Blue Phoenix 16'$ 3,100 Blue Phoenix 20's 3,200 Blue Phoenix 32's 3,780 Blue Phoenix 40's 3,950 Carded yarn, hank Blue Phoenix 21 3,450 Combed yorn, cones Blue Phoenix 32's 4,750 Blue Phoenix 40's 4,900 Open-end yorn Blue
      135 words
    • 265 12 SINGAPORE The market closed higher yesterday with December One RSS buyers quoted at 173.25 cents per kg, up two cents from last Friday. The morning session gained 2.25 cents on buying interest in moderate trading. Prices hovered around lunch time levels in early afternoon trading but slipped slightly towards
      265 words
    • 294 12 RAS prices S ennts/kilo, FOt in bales) NOON CLOSE Int 1 RSS Prompt 170 50 171.50 171 25 172.25 Int 1 RSS Dec §4 172 50 173.00 173 25 173 75 Int 1 RSS Jon 85 175.00 175 50 176 00 ***** Int 2 RSS 163.00 164.00N
      294 words
    • 83 12 (c«its/kg, 1-ton RAS potott) December 84 (current mth) NOON January 85 (forward mth) NOON kir«rt Stlm SSR20 SSR 50 168 50 166 50 170.50N 168 SON 170.50 168.50 172.50N 170.50N MRELB l*r«n Sihn SMRCV SMRL SMR 5 SMR GP SMR 10 SMR 20 SMR 50 197.00 196.00
      83 words
    • 213 12 Reuter VENEZUELAN primary aluminium producer Venalum accepts London Metal Exchange prices as the basis for supplies to Japan but is unaware of any new accord reached yet in Tokyo, Venalum sales manager Lucas Rincon said. Venalum officials are to meet the company's
      Reuter  -  213 words
  • Page 12 Advertisements
    • 218 12 Who were the Vikings? What is a mosaic? Which dinosaurs were the biggest? How long can a seal stay under water? Why does a zebra have stripes? Can you write with octopus ink? How to dates grow? How big can waves be? What makes the wind blow? Why does the
      218 words

  • SHARE INFORMATION
    • 4085 13 REPORTS about Chop Hoo Thye's $90 million debt contributed significantly to yesterday's sharp falls in the Singapore stock market. The BT Composite Index fell sharply by 12.47 points to 703.80, while the Straits Times Industrial Index lost a hefty 16.18 points to 801.38. Volume was
      4,085 words
    • 218 13 SINGAPORE M S T M Gkm AM Owe Ha* Par Itiiliipf Setarai laa Stmts Trai MM UN 0 U B tafc Ma* Mi Vaag Hat baa Vaa Dar H 0 C C Rises 745 268 250 203 Vk 123 304 Falls 178 fc-f 466 500 500 402
      218 words
    • 496 13 SOME late buying activity helped check the downward drift of prices on the Kuala Lumpur stock market yesterday. However, the market still closed generally easier on quiet trading as investors stayed on the sidelines. Turnover dropped below the six million mark at 5.09 million shares
      496 words
    • 2786 13 810 and offer prices officially luted and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots ofl,oogjinlt±. unless otherwise specified. All Time SetUement Contract» are quoted after the word "SETT" Big Board
      2,786 words

  • COMPANY NEWS
    • 905 14 A hefty Mslsom saving on Dunlop Malaysian Industries deal APART from its massive size, Consolidated Plantations' deal to take over Dunlop Malaysian Industries Bhd (DMIB) is characterised by the lesson it provides in investment timing. If Consplant, a subsidiary of Sime Darby Bhd, had gone ahead to
      905 words
    • 177 14 WHILE the Consplant's proposal to buy DMD3 will push Sime Darby deep into tyre manufacturing, another no less significant development unveiled at about the same time will thrust Sime Darby further into real estate. Sime Darby will be making a general offer to purchase
      177 words
    • 352 14 LION Corp Bhd expects Asia Commercial Finance (ACF) to enlarge its capital base in the near future. Disclosing this in a circular to shareholders, Lion said the move would place ACF in a more competitive position. Lion, which has proposed to
      352 words
    • 2276 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. VDUSTRIALS A Choc (2 806 2 8IS) (9) 2.70 (1) 2.69
      2,276 words
    • 984 14 SHARES were yesterday marked higher at the outset in quiet trading, dealers said. The FTSE 100 at 0945 GMT was up 8.1 to a record high 1189.4. Market operators expected trading to remain quiet until yesterday afternoon and awaited the debut of British Telecom shares at 1500 GMT.
      984 words
    • 100 14 HONGKONG Australian Industrials Hong Seng Index Monday 1086.5 Friday 1094.7 Monday 1122.26 Friday 1128.10 Week ogo 1109.1 NEW YORK Week ago 1113.96 Dow Jones Friday 1188 94 TOKYO Thursday 1193.46 Week ago 1220.30 Tokyo Dow Jones Monday ***** 58 Saturday *****.64 Week ago *****.96 Standard and f oors
      100 words
    • 606 14 Bernama THE CASH TERMS offered by Irex Sdn Bhd to acquire the entire issued capital of Roxy Electric Industries (M) Bhd (REIMB), other than those which Inn has agreed to purchase, is fair and reasonable, and Roxy shareholders should adopt a prudent course of
      Bernama  -  606 words
    • 214 14 Monogers' prices for Dec 4 Singapore Unit Trust Th« Commerce 2.52 2.68 The Sovvtgs Find 170 1.80 S'pore Prog Fund 1.08 1.14 S'pxxe Sec Fund .162 172 3 pore Invest Fmd 1.05 l.ll S'por* Equity Fund 1 06 1.14* Asia Unit Trust Mol Invest Fund 2.33 2.48 Mot
      214 words
    • 403 15  -  By LORETTA McLAUGHLAN CONSTRUCTION And Supplies House Bhd (CASH) kept up its fast growth in the year to endAugust. But the pre-tax profit of M 55.97 million against $2.58 million the year before was a good 5883,000 short of the
      403 words
    • 205 15 ACCEPTANCES for the offer by Park wood Investments Ltd to acquire the whole issued capital of QAF Ltd totalled 81,660 stock units. Of this number, acceptances in respect of 28,000 shares are not complete and remain subject to verification. Parkwood and persons acting in concert with it now
      205 words
    • 482 15  -  By AMY CHEOK WANNIAN Holdings expects group earnings to strengthen further when Phase One of its *400 million warehousing complex in Shenzhen, China, is completed by the end of next year. But how much this project will contribute is not immediately known. Stage One of
      482 words
    • 435 15 INTERNATIONAL Wood Products Ltd has once again turned in heavy losses for the half-year ended Aug 31, 1984, due largely to its unprofitable plywood and blockboard activities in Singapore. Keen competition in the market place, unsteady log supply and depressed selling prices for its
      435 words
    • 192 15 Reuter DUNLOP AG will hand over its Hanau-based German tyre operations to a tSumitomo Rubber Industries Ltd subsidiary from Jan 1. Dunlop management board member Goswin -Vaerst said the German owned mainly by Dunlop Holdings PLC, will retain operations in ihe
      Reuter  -  192 words
    • 775 15  -  Ttie Kuala Lumpur Stock Exchange seems to have been doing better business than its Singapore counterpart lately. Turnover has been rising and on some days even exceeded the SES's. Is the Malaysian stock exchange winning business from Singapore? NAJEEB JARHOM examines the situation.
      775 words
  • Page 14 Advertisements
    • 73 14 CLARE FRANCIS SIGHT SKY .Julie Ixscuux, the young Englishwoman caught up in one of the most dangerous o|>crutions of the French Resistance; I'uul Vasson, the vicious I*aris pimp turned Xu/i eollulxirutor, unci I)aviri rreymunn, (ierman scientist caught up in unimuginahlc horror. NIGHT SKY hinds together the destinies of these three
      73 words

  • Page 15 Advertisements
    • 496 15 Pan Malaysia Cement Works Berhad (Incorporated in Malaysia) HALF YEAR REPORT AND ANNOUNCEMENT OF DIVIDEND The Directors of Pan Malaysia Cement Works Berhad are pleased to announce the unaudited results for the half year ended 30th September 1984. Group Incorporating Results of Associated Companies Half year ended 30th September Company
      496 words

  • 484 16  -  By LOH HUI YIN SINGAPORE and Holland have worked out a new liberal civil aviation pact even though Singapore Airlines' request for more flights to Amsterdam was rejected. A significant achievement that emerged from the four-day talks held one day longer than scheduled
    484 words
  • 170 16 THE Minister for Communications, Dr Yeo Ning Hong, will officially open the 28th Orient Airlines Association (OAA) assembly of presidents meeting at the Shangri-La Hotel on Dec 7. The meeting, an annual conference of the highest governing body of the OAA, is
    170 words
  • 122 16 AP A CYPRIOT supertanker was hit by a rocket and set ablaze in the Gulf waters south of Iran's Kharg Island oil terminal yesterday, a British seaman reported. The attack broke a sixweek lull in the so-called tanker war, an offshoot of
    AP  -  122 words
  • 300 16 UPI WILLIAM SCHROEDER, the world's second permanent artifical heart recipient, said in a videotaped interview shown yesterday that he feels "ready to go fishing and watch ball games". In the 10-minute conversation, taped on Sunday with chief surgeon William Devries, the 52-year-old father of six appeared healthy
    UPI  -  300 words
  • 343 16 UPI BANK OF JAPAN governor Haruo Maekawa is opposed to total deregulation of Jacapital and money markets because a completely free financial market tends to be unstable. "Liberalisation has two faces one is to promote efficiency and the other tends to hurt the stability and
    UPI  -  343 words
  • 381 16 THE MALAYSIAN Chinese Association (MCA) leadership has agreed to the reinstatement of the 14 leaders whose expulsion on March 19 sparked off a crisis in the party. Sources in Kuala Lumpur said yesterday that this was one of the conditions agreed to in
    381 words
  • 364 16 A HIGH-LEVEL conference on regional development, involving over 100 top executives from the private and public sectors of 13 countries, is being held at the Mandarin Hotel. The four-day conference on Regional Development: Technological and Financial Considerations is organised by SRIInternational.
    364 words
  • 354 16  -  By CHUANG PECK MING THE PEOPLE'S Action Party, which is fielding candidates in all constituencies, will be given the longest air-time among parties contesting the general election on Dec 22. With 79 candidates, it will have the maximum time allotted: one
    354 words
  • 131 16 THE Singapore Broadcasting Corporation is being unfair to voters by depriving Barisan Sosialis of air time, said party chairman Lee Siew Choh yesterday. "Not giving us air time is very unfair and unjust. The Barisan is one of the oldest parties «in Singapore,"
    131 words
  • 144 16 THE PEOPLE'S Action Party has published a 232-page hardcover issue of Petir, its party organ, to be released soon. The book was published to mark the 30th anniversary of the founding of the party, and to mark 25 years of nationbuilding. "Petir 30th Anniversary Issue",
    144 words
  • 63 16 STOCK PRICES on Wall Street were lower yesterday after 30 minutes of trading as blue chip issues joined the selloff by secondary stocks. The Dow Jones Industrial Average was down about lVt points to around 1187 after being briefly higher. British Telecom, in its initial day of
    63 words
  • LATE FILE
    • 46 16 UPI DEADLY pesticide gas spewed from a US-owned factory in central India yesterday, choking to death at least 269 people with more than 10,000 others hospitalised. Most of the dead were children and old people, the Press Trust of India said.
      UPI  -  46 words
    • 44 16 Bernama MALAYSIA'S Conference of Rulers has ruled that Muslims calling other Muslims kafir (infidel) have committed an act that is haram (prohibited by Islam). It also directed Prime Minister Dr Mahathir Mohamad to take firm action against such practices. Bernama
      Bernama  -  44 words
    • 52 16 Reuter AMBASSADORS from the Asean countries yesterday expressed dissatisfaction with the moves Japan has taken so far to open up its import market. The Japanese Foreign Ministry said they also expressed Asean's concern over reports that former Japanese foreign minister Yoshio Sakurauchi will visit Cambodia next
      Reuter  -  52 words
    • 51 16 UPI AN EXPLOSIVES expert was killed while trying to defuse a bomb planted under an Iraqi embassy car in Athens one of at least three bombs found on embassy vehicles yesterday. Police sealed off the embassy area where they were attempting to disarm two other bombs.
      UPI  -  51 words
    • 28 16 Reuter PHILIPPINE President Ferdinand Marcos has had a relapse of influenza and is suffering from asthma but has not undergone surgery, his wife said yesterday.
      Reuter  -  28 words
    • 43 16 Reuter ASAHI SHIMBUN's Jakarta correspondent said yesterday the Indonesian government had ordered him to leave because of an article published last month. The article was understood to deal with the military and included quotes from banned leaflets. Reuter
      Reuter  -  43 words
    • 50 16 Reuter SOVIET authorities warned all other countries using air and sea lanes in the Pacific between the Marshall Islands and Hawaii to avoid the area for 10 days from Dec 6 when the Soviet Union will launch carrier rockets from its territory into the area. Reuter
      Reuter  -  50 words
  • Page 16 Advertisements
    • 130 16 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to lam JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price
      130 words
    • 169 16 MING COURT HOTEL SINGAPORE Haw to keep your clients and staff happy Entertain them... with a meal of delicious Cantonese cuisine, at the Ming Palace. Choose from our A La Carte menu, night or day. Or enjoy our delightful dian xin lu wei lunches. Confer with them... in style, at
      169 words
  • Page 16 Miscellaneous
    • 48 16 MH Outlook for today: Portly cloudy; Showers in o few areas in the late morning and early after--7.30pm on Dec 3 at the airport: Maximum temperature 30 Associated humidity < Minimum temperature 23 Associated humidity Hours of sunshine 1. Rainfall in millimetres Rainfall this month Rainy days this month
      48 words

  • SHIPPING TIMES
    • 263 17 THE THIRD stage of redevelopment at Busan South Korea's largest commercial port is underway and is expected to be completed in 1987 at a cost of about US$l3O million. The project includes another container terminal, new breakwaters, piers for coal and scrap iron and
      263 words
    • 415 17  -  By JUNE LIM IN VIEW of the difficult trading conditions, the Far Eastern Freight Conference (FEFC) will not seek a general rate increase before July next year. Though it has advised shippers' councils in Asia and Europe that it would implement an overall
      415 words
    • 672 17 Shipping Un* C«l Afea VI 3 Ahrenkiel Liner VI 5 Alphatrans VI 4 A PC Line V 4 APL IN 4/5 ASCL IM 1 Asiabroker V 5 Austasia Line V 1 Baft-Orient VI 4/5 Bangkok Cont VI 2 Bank Line V 5 B8S 1 4/5 Ben Line
      672 words
    • PORTSIDES
      • 108 17 Reuter THE India-Pakistan-Bangladesh-UK-Continent Conference said it will reduce surcharges at Bombay Port from Dec 1, following an easing of port congestion. The London-based conference said in a statement it will reduce the surcharge on full container loads to $100 from $200 and on less than full container loads
        Reuter  -  108 words
      • 77 17 SHIPPING companies with services to the United States east coast have been approached by the Maryland Port Authority in Baltimore to participate in the development of a new container terminal at the port. The Seagirt terminal project, valued at a cost of US$l63 million, is expected to complete
        77 words
      • 40 17 NORBEC of Saudi Arabia has bought at least five super-tankers in November probably for offshore oil storage totalling 11.5 million barrels, shipping executives in London said. It has also chartered some large vessels for the purpose.
        40 words
    • 168 18 AFP CERTAIN sisal shippers in Kenya are having "great difficulty" in fulfilling contracts on time and there is unlikely to be any easing in the situation until March or April next year, according to London commodity specialists, Wigglesworth, in their latest review. October was
      AFP  -  168 words
    • 2075 18 Seatrade SHIPOWNERS have always walked a fine line between controlled risk and speculation. The cyclical nature of the business, the limitations of forecasting techniques and the size of the stakes have made this inevitable. It is not always possible to hedge in depressed markets and
      Seatrade  -  2,075 words
    • 186 18 THE MAJOR shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line,
      186 words
    • 1351 18 RATES held steady on most major trading routes in quieter chartering on the London freight market on Friday. US Gulf grain fixing included Bunge's repetition of US$9.5O (fio) for the Stove Trader to work 73,000 tons from the Mississippi River to Europoort in Jan 20-30 position. Chinese operators
      1,351 words
    • 239 19 RENOVATION work on Muara Port one of Brunei's biggest deepwJfter ports will be completed next year at a cost of $26.5 million. Work has started on a 600-ft extension to the port's 1,200 ft wharf, and a 67,500 sq ft warehouse is
      239 words
    • 427 19 Lloyd's List LINER operators have filed with the US Federal Maritime Commission to form a new Pacific-Rim conference. The new grouping known as the Trans Pacific Westbound Rate Agreement will come into force early next year. It will essentially replace the old Pacific
      Lloyd's List  -  427 words
    • 249 19 FOUR Japanese lines have received the approval by the US Federal Maritime Commission to revamp their Japan/US south west coast service. Approval for the space charter agreements on the Californian run was given after the statutory 45 days. The four companies will be organised into two
      249 words
    • 88 19 UPI FIFTY-ONE more Poles have used a vacatioft cruise to defect to the West, West German police said. The Poles left the 7,800ton Polish vessel Rogalin when it docked on Saturday in the West German Baltic Port of Travemuende. The vessel, carrying about 350 Polish tourists, continued its
      UPI  -  88 words
    • 411 19 AFP THE DECLINE in world shipbuilding order books was arrested during the third thanks almost entirely to sharp gains by the two leading countries, Japan and South Korea, Lloyd's Register Shipbuilding Returns revealed. Substantial falls were recorded in the "books" of
      AFP  -  411 words
    • 143 19 THE SHIPPING Corporation of New Zealand has made a loss of NZ$5.7l million, because of special provisions relating mainly to exchange rate movements. The currency factor totally wiped out a trading profit of NZ$2.5 million in the 12 months up to endAugust. The shipping line has blamed
      143 words
    • 488 20 Dec M Bth congress of the International Maritime Pilot's Association, Sheraton Hong Kong Hotel, Hong Kong. Dee 4 Conference on future electric propulsion for the marine and offshore industries, 76 Mark Lane, London EC3. Dec 4-4 sth container technology conference and exhibition, Rainbow Suite, Kensington exhibition Centre, London.
      488 words
    • 5452 24 aanßDia&B 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
      5,452 words
    • 628 25 sssr RECEIVING OF EXPORT FCL CONTAINERS ANP LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Sifi Bhum 197N 4.12.84 2300 S'pore Shpg FSB 0900-1100 G4 Atrevida 486 4.12.84 2359 Bakke Sime FSB 1030-1200 L3 Pegasus P 355N 5.12.84 0300 Straits FSB
      628 words
    • 1802 25 The leading shipping lines operating from local ports and their agents. A—B AFEA African Shipping Agencies (S) Afr*-Earasia Liar Transgroup (S) Akreaklrl Liarr Service Kim Shpg < S > Alfred C Ttrplrr Oceanus Shipping Agencies (Si Manntex Enterprise (PK) AI par Inlrasea (S) Bintang Shpg (KLi
      1,802 words
    • 555 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Iweri 23 Pelni alongside 4.12.84/0600 Johneverett 25/6 Everett alongside 4.12.84/0600 Karl Marx 33/4 S'pore Shpg alongside 4.12.84/0600 Lady Dona 31/2 Kim alongside 4.12.84/1500 Tomoco 19 Sharp alongside 4.12.84/1200 Boleslaw Ruminski 33/4 Baltic FE 4.12.84/1800 6.12.84/2300 Bowoon No
      555 words
    • 341 26 AFP AFTER a quiet start following the long US weekend, activity picked up quite well on the tanker market last week, with the Gulf states area attracting a better level of enquiry than for some time for the supertankers, particularly from Japan. But overall conditions could not be
      AFP  -  341 words
  • Page 17 Advertisements
    • 393 17 The New CYCLOPAED BRITANNIC A 3 unequalled in accuracy, authority and authenticity Call STP Distributors Tel: *****44/*****28' II i CONSORTIA LONDON Freights SHIPPING Evants REGIONAL Weather SHIPPING Schedule CONTAINER Schadulas WHO Acts for Whom TANKER Rates SHIPS In Port II 11/11 l IV VIII VIII/IX IX IX X X -IAKDIXK
      393 words
    • 176 17 UNITED ARAB SHIPPING CO (SAG) SEALORO SHIPPING AGENCiES 70 Shenton Way 04 02C Marina Home Singapore 020* Tpt ******** Tp' No PS 254i9 CFS office TPC 03 30 Tel 2??373t and *****32 Terminal office TPC 03 29 Tel No *****90 *****93 aUASC EXPRESS FULL CONTAINER SERVICE I KOM .1 \IV\N
      176 words
    • 627 17 B ALT-ORIENT LINE *TTpl. Baltic Shippint Co RtfUlar Union from South East Asia to United NnidMi md >ju4j Nortn Continents nns Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 n*r MAERSK LINE XPORTTO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA ;(> i i'\cin( (in: \ll :i. i i\; r
      627 words

  • Page 18 Advertisements
    • 327 18 FAR EAST/EUROPE CONTAINER SERVICE From Europe l/l 13/1 1 11/1 jSCjb 25/12 J/1 1/1 16/1 23/1 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. L Hnre. Baste. UK. 3) Bremen. Bremerhaten. Aarhus. Copenhagen. Helsinki 4) Mafcno Stockholm. Oslo •Accepting Europe carp tor feeder ma S pore *Ako direct cargo tor Spore I
      327 words
    • 442 18 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wml Faadar at Tokyo Pacific North Waat Faadar at Koba Also accepting LCL Cargo for USA Ports only. TOHGO MMU KA2MUMM wd aacin SHORARM MMU J Ik* —pfcl Ito Mm 6 Afen Chafe Atlantic/Canada Faadar at Koba Hriha VSI KUROK M
      442 words

  • Page 19 Advertisements
    • 1084 19 f"i The Straits Steamship Group STRAITS SHPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok QCL Overseas Containers Limited I CONTAINERSHIP SERVICE TO UK/CONTINENT 1 framfurt express KOOMOMMY HMBUtS EJKU TOUOEVRESS CMUGANBAY OSMUMT FRMKHMT EXPRESS KOOR.OON MY Spart PK«4an| S'tw M Pert 00/12 23/12 12/12 14/12 «2/l 20/12 21/12 10/1
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    • 460 19 Franco Belgian Services T+r Cs*. /wn, bt -wi« ¥"%it »n/j (MLMBtR OF ACt CONSGR TIUM I f* CHAPGFL'RS HAVRAISE MEDE INF (MED CLUB MEMBf R i Optorg Shipping Pte. Ltd Port Kalang M'OOV? PtiUmg Jar* S«2SB3 STS®O3 P«n»ng ***** 4|ELMA MAP 'I J f VPRf SA LIN rAS MAf- "IMAS
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  • Page 20 Advertisements
    • 477 20 K.&line FULLY CONTAINERISED SERVICE TO EUROPf Vl* SUEZ "1 Member ot the *ce C<*nor»«jm FROM EUROPf VIA SLIf/ J A Memoer of the Ice Consortium KOREAN lACUN 26E OHENTU. CHEF 4IE Spart H.K«k Kantam nun T«fcr« 5/12 7/12 11/12 12/12 16/12 20/12 12/12 14/12 18/12 19/12 23/12 27/12 21/12 22/12
      477 words
    • 216 20 THONG SOON AGENCIES PTE. LTD 09-07 ROBIN A HOUSE S PORE 0106 TEL *****88 TELEX RS ***** BOOKING *****56 (DIRECT LINE) SINGAPORE TU PENANG SINGAPORE TO SABAH PORT •B6o*. •BULK* 6 Dec 9 D •With Dry Reefer Container Service Labuan Labuan K Kinabalu SIN6APORE TO BRUNEI •BULK* In Port 5
      216 words
    • 471 20 Hapag-Lloyd •j TO CONTINENT/UK On carriage to Scandmavia, Med, Camboan IS. America Hind haulage to inland destinations in Europe LllllMlli S part PKtiant Pciuxf Imon Uh Gtnoi Kbwf *djm rKjiw Mwtfp SOP* «S 7/12 J/12 1/12 2/1 7/1 »/l 4/1 14/1 Iw* Ojklaid teat** pptot 21/12 «/l 11/1 11/1 pptat
      471 words
    • 484 20 o EVERGREEN 1 Full Container Service m Round-The-World East Bound Service (FE/CARIB/USEC/EURO/W MED /FE) US WEST COAST SERVICE MEDITERRANEAN SEA SERVICE INBOUND 7/U i/ti M/u no m M/u ivu no at li/n a/u a/u in lt a/ii 77/11 a/u re« JEDDAH/EAST MED /ADRIATIC SEA SERVICE INBOUND 17/11 vu 17/11 VU
      484 words
    • 279 20 HSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES 8. Abbav B B—IW SMGAPORE SMOSt MUHTMC PTE LTD TEL *****44/7 i *****70 mi KELANG MALOSE MASITME SON BHD TO *****2/3 PENANG MALAYSIA TRADE I TRANSPORT LTD T« ***** t ***** PORT ULANG PENANG PAPUA NEW GUINEA/ SOUTH PACIFIC PJtMa*
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  • Page 21 Advertisements
    • 712 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 VESSEL KOTA AQUMG KOTA SEQAR KOTA WWtAMA KOTA ABADt KOTA W Aft UNA KOTA WIBATA KOTA MCQAH EAST AFRICA/REDSEA SERVICES TmYW TfT TTTeTT J lnRl-7/12 MOOCIOAH, JEDOAH, AOABA. rr SUOAN 12-15/12 JEDOAH, ADEN, BE IRA. D'SALAAM,
      712 words
    • 637 21 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE QMK STRUTS FROM EUROPE HAM BIMVEN R-QAM HAME ILK PKELAN6STOM FOR fremon Eiprm SjfcO Sated SaieO SjM SM t/12 m. ti. Hm*w| Eiprm SjM SjM M Sjl*o 7/12 1/12 IMC. TI (makwi Mm SjM SjM SjM SjM SjM 11/12 MJ a. Mm
      637 words
    • 418 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF S p*« F Kaianf I dan UanTWr/L* r*M/HW| l ««r lUUMT tm 21/12 27/12 17/1/15 11/1/15 21/1/15 22/1/ IS \U mm 15/1 21/1 11/2 12/2 14/2 15/2 K Ml 4CCEPTIK BOTH COKTMDB, CONKHTOWU. CAKO MS BULK U}UD CMCO FOB BOTH BTOBTS MB OTOBTS MB ALSO
      418 words
    • 368 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadms for Ranfoon Phoshwegyawywa V 247 5/6 Dec Myomoywo VB4W 7/14 Dec Htoneywo VI9B 20/21 Dec Pinyo 6/10 Dec P.Kelang Penong 5/6 Dec Discharge Only \A BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT CLYDEBANK FORTHBANK SPORE R'DAM HULL HMBG
      368 words

  • Page 22 Advertisements
    • 1200 22 A IV LINE —KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE feeder vs Morten vs. puis me kansai noica vao sea encouragement ran 1 Dec 3 CENTRAL AMERICA/CARIBBEAN SEA KOBE GUAYAGUL CALLAO AIHCA 22 Dec 25 tan 31 lan 6 Frt IQUQUE Af ACUTA SVCTOMO VALPARAISO 7 Feb I Feb U F«k 13
      1,200 words
    • 534 22 ZJ a CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE lo«>.n( tor 10$ ANGELES SAN fRANCtSCO SEATTLE. TACOMA VANCOUVER BC Accept** FCI fCI Containers AUSTRALIA EXPRESS CONTAINER SERVICE Acceptmi FCI Ftt Containers 7/8 OK r 17/18 Dec 19/20 Dec r 7/8 ten 28/29 ten 30/31 ten htm Me* IS Dec 21
      534 words
    • 493 22 SANKD ASIA FROM JAPANESE POUTS ANO HONGKONG E 1. TOMOCO 2 TWtSAKTI 3 FUKUZAKI MARU 4. PALMS TAR W9O 5. HOSHO IMM 6 SUNNY SKY 7 EDO MM Sa* apart PKtianf Mn 19/4 Dk 5/6 Dk Gdn lt/S Dk 1/7 Dk 1/10 DK 11/12 DK 10/12 DK 13/14 Dk 14/
      493 words
    • 464 22 INTRASEA (PTE) LTD. 10 Anson 527 16 Inle'n.ilionri 1 P Sin 4<l pof»* 02G7 Tel l 11 0 t nes) o BREAKBULK SERVICE TO EUROPE/UK S'por* P. Kcianf Load** torTMOR BLAND 15/12 SHE/LA PALLICE/CACN/ROTT SIM VICTORIA *****16 11/12 21/12 ROTT/ANT/UJI. (AVON) SEAWOOD SHIPPING CORPORATION Spore P Ketang Loadnc ttr. MASASHMA
      464 words

  • Page 23 Advertisements
    • 660 23 11 TO EUROPE/UK (VIA SUEZ): MAETERLINCK 4*.. S.S. BUDGE 48W... K JACEJW 271 TW BUDGE 23W„ 0 CHEF 42W Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ) N. CRYSTAL S pore Closing Times: Havre K JACEJW 26E Sailed TW BRDGE 22E Sailed 0 CHEF 41E Sailed HK CONTAINER 42E
      660 words
    • 425 23 HEUNG-A SHIPPING Korean Flag Vesaels DO* AM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON i *i tiJNIS MPIUM At,fN< If S Pit I ID Ifl /***** 7 2 'BS4 14 Bnnkmjst ???>•) 10 ,V1?0?7 iOper.i»inmi 7 ??09?84 (t»rimwJl ??0?4S0 .Vfl?So4 (CISi Ml «•<,(» ti.tNls !!I*IAS SIII* SDN HMO
      425 words
    • 627 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULOMG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Numbers RS ***** RS ***** RS 2510S p keiang penang M/S SHARBUT WAN SOON SON MO IST ANO 2ND FLOOR. MESSRS HM THONC SHPPWG 23 WcW Quay
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    • 111 23 u ahrenkiel liner service DURBAN JOHANNESBURG. MAPUTO MAURITIUS RFUNION WESTBOUND LADY DONA 24W PT LOUIS DURBAN E LON 19 185 24 186 fWßirrainß® ETD ETD ETA UtSllitfiUfcUfll R BAY DURBAN SIN EASTERN HARMONY 15 12 84 2112 84 7-185 Agents: Kim Shipping Trading Pie Ltd 63 Market Street =08-11 Tat
      111 words

  • Page 24 Advertisements
    • 525 24 Ileyiuiial oiitniiu-r Lilies irrnn I 3 Sa,,mg9 Week| y Reliable Regular Punctual Berthing P S A. 1500 Hrs. Tues, Thurs 4 Sat HINODE KISEN CO. LTD I I.TKA IIKUI I H"1 I \KKM K IM VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FULL CONTAINER SERVICE TO EWOfE S>rt 'Antoap ttantaf Raited GLAUCHAU 9/84 7
      525 words
    • 29 24 f FARGO SHIPPmC COMPANY (PTE.) L TD? I Air EXPRESS CONTAINER SERVICF SINGAPORE/BANGKOK EVERY 2 DAYS Keppel Road 17 07 Taniong Paqar Complei Singapore 0?08 Tel *****77 *****88 *****52
      29 words
  • Page 24 Miscellaneous
    • 174 24 Regional Weather Wi M m r A b A sss v 3 Z^Ji SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wave height LEGEND R Thunderstorm <*rect,on wrth speed .1 knots y Shower Ran Wove height O Cloudy Sky Surfoce winds are
      174 words

  • Page 25 Advertisements
    • 32 25 LICORNE A r-J. 1 HALDIA (CALCUTTA) N 111 TM 1 SEALION SHTTM6 (S) PTE LTD. SALES/BOOKMCS TEL *****11 (I LMES) COLOWO [BOMBAY IKARACHI j 2/12 9/12 7/1 9/1 12/1 8/2 11/2 13/2
      32 words
    • 240 25 Scan Dutch 9 8 M#V "#>* To Europe (Med UK NC Scan) Anson SW Anson 6/12 Anson 13/12 Anson 20/12 Anson 27/12 Anson 2/1 B Butang SM B Kemumng 7/12 B Butang 14/12 B Kemuning 21/12 B Butang 28/12 B Kemurong 4/1 To Red Sea/Mediterranean N Van Noort N Van
      240 words

  • Page 26 Advertisements
    • 50 26 SEA EXPRESS LINE REGULAR SWUNG TO NMN PORTS VctMi Eti EM Loadmt Far SEA EXPRESS I 7/12 14/12 MAMAS/BOMBAY SEA EXPRESS 5 11/12 22/12 CMTTAGONG SEA EXPRESS 2 15/12 22/12 CALCUTTA/MAMAS LINK SHIPPING AGENCIES PTE. LTD TEL *****16 7/8 TELEX RS ***** LINKSA SOUND CONTAINER SERVICES PTE LTD lei *****35/*****7
      50 words
    • 205 26 Port to port, ptefit W. W MitsuiOSK.Lines Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRICi ALTAI MARU MORNING GRACE ASTRA PEAK GRETKE OLDENDOLF 6 Dec Mombasa. Daressalaam. Tanga Zanzibar, Nacala. Beira, Tamatave 16 Dec Mombasa. Daressalaam 26 Dec Port Louis. Reunion 2 Jan 1 85Mombasa. Daressalaam AFRICA'S ixurpntiitpfl EUTERPE 5 Dec Monrovia. Conakry EARNEST
      205 words