The Business Times, 17 March 1982
1982-03-17
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The Business Times
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Title Section10 1982-03-17 1 BUSINESS TIMES M.C.(P) No. 93/1/82 WEDNESDAY, MARCH 17,1182 60 CENTS10 words
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288 1982-03-17 1 LOCAL rubber brokers are awaiting Trade Department approval for an increase in brokerage rates, the first in more than 30 years. The nine brokers want the rate raised by 35 per cent from $2.80 to |3.80 a tonne. The plan was put288 words
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Article253 1982-03-17 1 THANKS to lower food prices, the consumer price index fell by 0.8 per cent in February compared with a one per cent increase in January. In reporting the fall in the CPI yesterday, the Department of Statistics said that "in February 1982, all measures of253 words
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631 1982-03-17 1 LEE YOKE MENG - By LEE YOKE MENG UNDERWRITING results in the general insurance industry picked up again last year, after two disastrous years of record claims, big fires and bad marine business. But in spite of the slight turnaround in business as indicated in estimates by the631 words
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397 1982-03-17 1 BERNADETTE CHOOI - By BERNADETTE CHOOI THE working group studying the formation of a financial futures market in Singapore is seeking the assistance of the Chicago futures market. Four people from the 12member working group and a representative from the Monetary Authority of Singapore left during the397 words
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273 1982-03-17 1 A REGIONAL distributor of transport equipment is planning an expansion into the Philippines following two years of rapid growth in its Singapore-based operations. Transpec Asia, which sells and services truckmounted cranes, axles, brakes, siapension systems and other heavy vehicle parts, is now negotiating a Joint-venture273 words
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BRIEFLY...
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Article82 1982-03-17 1 Reuter UPI MOSCOW, Tues. President Leonid Brezhnev has announced a unilateral freeze on new mediumrange nuclear missiles in the European part of the Soviet Union and said some misßiVes now in place there will be removed this year. However, he said that if the US deploys new Pershing-2Reuter; UPI - 82 words
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Article73 1982-03-17 1 UPI LONDON, Tues. The price of gold bolted upwards in Europe as speculative buyers came into the market. It gained US$9 overnight in London to reach $322.50 and $8 in Zurich to hit $320.50. Bullion brokers said the rally was due to speculative buyers entering the marketUPI - 73 words
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Article55 1982-03-17 1 AFP KUALA LUMPUR, Tues. Deputy Prime Minister Datuk Musa Hi tain told Parliament that the government is planning to build a new entry-exit gate near the Johore Causeway. The new structure would have modern equipment and facilities to help expedite the flow of traffic and pedestrians betweenAFP - 55 words
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Article70 1982-03-17 1 UPI WASHINGTON, Tues. Nestle, the world's largest supplier of infant formula, today announced specific guidelines it will follow to comply with a United Nations code aimed at encouraging breast feeding. In addition to following the code in those nations that have embraced it as law, the Swiss-based companyUPI - 70 words
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Article53 1982-03-17 1 KUALA LUMPUR, Tues Majuternak, the national livestock authority, is being closed down and its activities wul be taken over by the Veterinary Department, Fama and local authorities. Agriculture Minister Datuk Abdul Manan Othman said the government decided to close down Majuternak because livestock breeding on a large scale53 words
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Article92 1982-03-17 1 AFP KUALA LUMPUR, Tues. The government is prepared to consider engaging in barter trade as many developing countries, including socialist countries, are interested in trading with Malaysia, Parliament was told today. However, many of those countries were facing chronic balance of payment positions and lacked foreign exchange toAFP - 92 words
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Article74 1982-03-17 1 Reuter WARSAW, Tues. Poland announced today that it had completed the payment of outstanding interest on its 1961 debts to Western banks, thus taidng a small but significant step towards easing its huge debt problem. The announcement by Bank Handlowy vice-president Jan Woloszyn paves the way forReuter - 74 words
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187 1982-03-17 1 ?d THE PirlMMrt mitriaf u- ■ppiiiJ* the Mget (tr u liß-tl alter twa toys ti 4eIjj B ■wtai ef P»rD Ike vate af Mr i I Jeya- n*mm (MP for Am) y tpM Ike kadget >m e- («miM ky H tevwnkie J; *SrSZ£t £5755S ud187 words
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488 1982-03-17 1 WANG LOOK KEAH - By WANG LOOK KEAH MINISTER for Trade and Industry Dr Tony Tan yesterday said that corporate tax will not be reduced in the near future. He said the 40 per cent tax rate is "reasonable and is not unduly onerous to488 words
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Page 1 Advertisements
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Advertisement225 1982-03-17 1 BOOKS FOR PROFIT .Times Bookstore [CMltba BUSINESS Times examines historical factors which provide a base for predicting the likely date of an upturn from the current recession Page 7 EUROPEAN Common Market hopes of boosting monetary cooperation to shield Europe from the worst impact of United States' economic policies have225 words
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Advertisement45 1982-03-17 1 PORSCHE DESGN AvaAUXeaf. Metoe Grand, Lucky Pia» Lucky Pia/a The Hour Olees. Lucky Pia/a. Peninsula PWj > Tei Heng Hwn«, Lucky'PWa Em lew Watch, Lucky PWa Smyapura, Changi AirpOfl Sot* Agent LIEBERMANN OVERSEAS TRADING PTE LTD Room 209, 9*a» House Oct>arO Road Sovapore 0923 Te *****2245 words
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Advertisement0 1982-03-17 1 >](\[,:/>]?*-.]`{^!$_"|:]<!=]\{0 words
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Advertisement66 1982-03-17 1 ONLY A BIG AND WELL KNOWN WOULD RENT YOU A CAR WITHOUT CASSETTE/RADIO AND CASSETTES. At BTW, we have to do a lot more to win you over from our famous competitors. A cassette/radio and cassettes is just one extra you'll find in all our oars from the smallest Datsun66 words
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BANKING AND FINANCE
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Article, Illustration491 1982-03-17 2 Reuter EUROPEAN Common Market hopes of boosting monetary cooperation to shield Europe from the worst impact of US economic policies suffered a setback on Monday when West Germany stalled plans to revamp the European Monetary System. EEC finance ministers deferred until their next meetingReuter - 491 words
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Article291 1982-03-17 2 A LOCAL commodities trading firm, Bellink International Pte Ltd, started offering facilities for trading in financial futures early last month. Mr Eden Yen, hugtnonc manager of Bellink, said the firm has begun trading in financial futures and is in the process of marketing this service more actively.291 words
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Article106 1982-03-17 2 Reuter DEUTSCHE BANK AG on Monday lowered interest rates on private customer credits and overdraft facilities. The monthly interest rate on private credits is reduced to 0.62 per cent from 0.66 per cent, or by around one percentage point on an annual rate, and overdrafts fall to anReuter - 106 words
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83 1982-03-17 2 DELIVERIES af gaii halW WW gaM rntoitn totemtral baak gaM raflasry toeraaaed 17 par ml to Ismary aai PMnaiy tkto year to BMOJU mm af raw the Fram this year's Mraaaeas af geld aad fine mm silver. The first tve matte' toat year yteUed83 words
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226 1982-03-17 2 WEST GERMAN foreign exchange dealers voiced sharp criticism of the US practice of publishing weekly reports on the money supply measure M-l. At a meeting of the Forex Club of West Germany in Munich, Franz SchoU of the Bundesbank's foreign exchange department said the226 words
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Article285 1982-03-17 2 Reuter PERSISTING weakness of Tokyo bourse prices and the yen has forced underwriters both in the Swiss and the Eurobond market to equip Japanese convertible note issues with put options. Following the lead of Swiss undenrriters, Morgan Stanley has chosen a put option to enhanceReuter - 285 words
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MONEY AND EXCHANGE$
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Article419 1982-03-17 2 FIRMER US Interest rates pushed the American dollar higher against most major currencies, except sterling, on the foreign exchange market yesterday. The US dollar opened at 552.1165/K against the local currency. It went to as low as 552.1130/40 before rebounding to 552.1225/30 at closing time. Omt month LMB/llfß419 words
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Article199 1982-03-17 2 THE dollar for overnight delivery in Tokyo yesterday closed firmer at 240.60 yen, having opened at 239.56, dealers said. This was also higher than the 239.40/50 close in New York, 239.50/65 finish on the US West Coast and 239.00 close in Tokyo on Monday. Trading was a moderate $1.39199 words
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Article22 1982-03-17 2 THE mrtfe rats at which major Singapore banks are currently prepared to lend to their best customers is 9.69 per cent.22 words
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Article168 1982-03-17 2 ASIAN ASIAN cuirency deposit Interbank rates as at close on Mar 16: USManKSpt) 7 d*jra 15* 15* 1 month 15 H 15* 2 month* 15* ISM 3 month* 15* 14* 6 month* IS* 14H 9 month* 15* 14* 12 month* IS* 14* Dm twin. (MLUL. 1 month 3 month* 9168 words
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Article39 1982-03-17 2 RANGE of prices offered by discount houses on Mar tt: Overnight: H Call deposits: (M| BmrtuMHH 5-month Treasury bills 3 2H 3-month Bulk bills «H 8H 3 months CD 7* «monthsCD •1/14 7 15/16 Source: National Discount Co39 words
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Article283 1982-03-17 2 SINGAPORE gold futures yesterday closed generally firmer compared with overnight levels in light trading, dealers said. Prices were marked up between US$lO and $12 it rallied amid prospects of renewed tension Prompt closed firmer at US$32l/323 an ounce against 311.00/ 313.50 on Monday, April at 324.50/325.50 against 315.00/ 316.50283 words
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Article41 1982-03-17 2 Ma FH New Yort 7.188 6 97B 7.SS 7.MS Zurich (MB 7 .MB 7 .MS TMa 7.13S Mas Snppw 7.MB 6 KB 7JSB 7.MS Ooainf pric as la US c koUan a troy oik a. Source: Credit Suisse, S'pore41 words
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Article194 1982-03-17 2 THE US dollar in Hongkong yesterday recovered against major currencies in fairly active late trading after closing lower in the US. The dollar was backed by steady Asian dollar rates which ruled at 15V* Vi per cent for Three- to SixMonths throughout the day, and the currency showed its194 words
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Article74 1982-03-17 2 THE dollar and sterling were both strong at a quiet start to trading in London yesterday. The dollar made firm progress against all major currencies except sterling. The US unit was backed by higher Eurodollar deposit rates. Opening quotes yesterday US 1.8120 30 Can 2.2018 45 Croat -1.2161 6474 words
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Article504 1982-03-17 2 Reuter JAPANESE banking officials said Vietnam has asked Japan to reschedule about US$2OO milHnri 1q Japanese bank loans and trade credits. The amount, including $160 million in loans from banks and $40 million in credits from traders, is part of about $500 million extended to Vietnam inReuter - 504 words
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Page 2 Advertisements
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Advertisement188 1982-03-17 2 You can bet... Every race is a winner 7f 3 e i H. \r > V s t V Sv >* The Stables Tote RACE 1 LUNCH Executive Businessmen's Lunch RACE 2 DINNER Our specialty: US Prime Rib of Beet Successful businessmen and people with good taste lunch, dine and188 words
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TRADE AND INDUSTRY
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Article, Illustration369 1982-03-17 3 SOH TIANG KENG - By SOH TIANG KENG LONDON'S Emile Woolf College of Accountancy has sent a report on professional and educational assistance to the Singapore Society of Accountants. The report contains four major areas of the college's proposed assistance to SSA: Supply of up-to-date tuition materials369 words
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422 1982-03-17 3 LOH HUI YIN - By LOH HUI YIN A RESEARCH and development centre should be formed to beck up the multi-million-dollar construction industry in Singapore. The proposed centre could be used for testing and evaluating new construction methods and materials for their performance under local climate. The proposal was made422 words
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Article246 1982-03-17 3 GOOD and medium teas sold well at the eighth international tea auction here yesterday while plainer tea waa slightly cheaper than comparable tea at the last auction. North Indian good frmrfng» (etched prices of between US$l.65 to US$l.67 per ldlo while dusts were between US$l.52 to246 words
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222 1982-03-17 3 NEW Ties la ad's largest grsap sf cmpsales, Ike Fletcher Challenge grasp, piaas Is Increase lis activities la Hags pre. As a lint step, It Is streagthealag ties with Iseal haslaeasmes. A sales mlsstis frwa the grssp is la towa aai haa held talks with222 words
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Article403 1982-03-17 3 WONG SOUK YEE - By WONG SOUK YEE AN American computer manufacturer plans to manufacture microcomputers and set up a research and development centre in the government -sponsored Science Park at Kent Ridge. Sun Arrow Computers was incorporated in Singapore last week with an initial paid-up capital of403 words
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Article311 1982-03-17 3 AN AMERICAN manufacturer, Sweepster Inc, has produced a road sweeper with a 165-cm sweeping path and a large 81.3-cm diameter brush. The sweeper can be mounted to a loader and removed quickly, should the loader be required for other Jobs. The Sweepster Model LH is attached to the311 words
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Page 3 Advertisements
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Advertisement65 1982-03-17 3 I romTue Mar 30,1982 Singapore to Riyadh and Jeddah I Every Tuesday and Friday at 3.25 pm M > N r ft, !>> r»v K 1 1 A U JL ,V V 1 W "5* f A One of thelriggest fleets in the world 1 he ejith hj.s nude hi65 words
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OVERSEAS
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Article598 1982-03-17 4 NYT THE US Administration's chief economist, Murray Weidenbaum, said persistently high interest rates have jeopardised the prospects for a business recovery starting in the second quarter of this year to 1983 and beyond. "These interest rates are affecting the timing, speed, strength and durationNYT - 598 words
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Article113 1982-03-17 4 AFP CHINA is speeding up the development of civil aviation to meet the growing demand for domestic and international traffic in view of the rapid dvelopment of its economy and tourist industry. This was disclosed in Beijing by the spokesman for the General Administration ofAFP - 113 words
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379 1982-03-17 4 UPI Reuter IN SPITE of attractive rebates, US carmakers have reported that car sales for the first 10 days of March were down 31.5 per cent from last year a rate not seen since the Arab oil boycott days of the mid-*****. TheUPI; Reuter - 379 words
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298 1982-03-17 4 ESSO Production Malaysia Inc plans to spend Msl.l billion on oil exploration and development this year, an increase of 57 per cent over last year's expenditure. Among the major projects for the current year are the installation of four new production platforms off298 words
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420 1982-03-17 4 Reuter AP CHINA will give priority to domestically-produced o i 1 equipment and will first set up supply bases within the country to develop its offshore oil, provided these are competitive. Mr Qin Wencai, president of the China National Offshore Oil Corporation (CNOOC), alsoReuter; AP - 420 words
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129 1982-03-17 4 THE European Community In Brussels has approved cuts in imports from the Soviet Union, affecting a list of 59 items ranging from caviar to farm tractors. The cuts, announced on Monday, are intended as sanctions against Soviet involvement in the Polish military crackdown.129 words
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246 1982-03-17 5 A PROMINENT steel industrialist has said the road to industrialisation via the steel industry "is not free of problems," and warns that steel-making is among the more expensive ways to industrialise. The secretary-general of the International Iron and Steel Institute, Mr Lenhard Holschuh,246 words
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172 1982-03-17 5 UPI MR HAROLD Evans, editor of the prestigious London Times newspaper, has bowed to publisher Rupert Murdoch and resigned after only a year on the job. But he will reportedly leave with a "golden handshake" worth as much as £585,000 pounds. Mr Evans,UPI - 172 words
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WORLD IN BRIEF
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Article310 1982-03-17 5 Agencies MAJOR Japanese businesses expect their exports to pick up in the July-Sep-tember period after marginal growths in the preceding two quarters. The finding was published in an Economic Planning Agency survey of 33 Japanese corporations including nine major trading houses. THE «late —si British Sleel, which testAgencies - 310 words
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495 1982-03-17 5 Reuter JAPAN has decided to accelerate public spending in a bid to stem the sluggish trend of its economy. Finance Minister Michio Watanabe said after a Cabinet meeting that planned government spending on public works in the financial year begining April 1 would largelyReuter - 495 words
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400 1982-03-17 5 AP THE WORLD'S natural gas reserves are sufficient to supply demand for the next 170 years, the president of the 41-nation International Gas Union (IGU) said. Mr E Giorgis told the opening session of the 20th annual convention of the Australian Gas AssociationAP - 400 words
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190 1982-03-17 5 AP THIRD World countries were reported to have decided to reject US proposals to change provisions on seabed mining in the proposed Law of the Sea. The Third World's position became known after a private meeting of the Group of 77, theAP - 190 words
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223 1982-03-17 5 AP A RICE milling corporation accused of bribing South Korean officials in efforts to monopolise trade has struck back with similar allegations of its own against a competitor. Pacific International Rice Mills Inc of San Francisco filed suit on Monday, seeking more thanAP - 223 words
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Article674 1982-03-17 4 ARRIVALS Service Local Operator Number Tine i From i AI AI405 0006 SYD/PER SIA 9Q11 0025 LAXTYO PAA PA005 0220 NYC/SFO/ MAS AHA/HKG MH601 0700 KUL SU SQ101 0645 KUL MAS MH811 0845 PEN RBA BI421 0655 BWN MAS MH671 0915 KUL MAS MH651 1000 PEN/KUL MAS674 words
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Page 4 Advertisements
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Advertisement211 1982-03-17 4 A mm v More Room In the Business Class cabin, we've given you a lot more legroom to stretch in luxurious comfort The seats recline further ensuring you have a restful journey. Highstandard Ground 1r mi We have made available Business t Class Lounges in airports from k Singapore to211 words
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Page 5 Advertisements
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Advertisement176 1982-03-17 5 I r 3T--2 W 'JL nf a J Z/J mm* f- J i J^' -1 u r vrv w, if Ml 1... And a few physical reasons besides. Like healthy mountain air; awe-inspiring views, winter skiing and summer sunshine. For a few fortunate property investors Montpelier has discovered La Cabanota176 words
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Advertisement457 1982-03-17 5 The world famous Atmos: the only clock that runs on air. Fifty years ago. a Swiss engineer made watchmaking history by coming as near as it is possible to come to producing perpetual motion. He invented a clock that ran on air. More specifically. a clock movement that extracted its457 words
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Article400 1982-03-17 6 ON THE opposite page today, we publish a fundamentally bullish view of world economic prospects, especially in relation to the stock markets. The accompanying statistical evidence justifies this view, though no-one in the business of collecting and analysing such statistics would pretend that they present the400 words
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Article156 1982-03-17 6 FOR MANY years, the General Insurance Association has clung stubbornly to an outmoded tariff structure for various types of business. But in this day and age of intense competition and a discriminating buying public, it is no longer practical to insist on a rigid set of premiums and156 words
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Article, Illustration966 1982-03-17 6 DAVID BUCHAN - tin RUMANIA'S DEBT RESCHEDULING By DAVID BUCHAN BY ITS DEBT rescheduling request this month, Rumania has admitted what the outside world has suspected for months that after Poland its economy is the sickest in Eastern Europe. Labouring under food shortages, rationing and a large, money-draihing industrial966 words
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Article105 1982-03-17 6 Peter Su Cheng Kom - Letter to [the Editor J Peter Su Cheng Kom Dear Sir, "Experto Crede" (B.T. 10.3.82) wants an income i tax return to provide spaces for showing expenses and outgoings incurred in producing income. Please accept the word of experts who have tried, that105 words
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Article570 1982-03-17 6 HENRY SCOTT STOKES - By HENRY SCOTT STOKES NYT UNTIL the late 19th century, when Japan took over, the city of Naha, Okinawa, was the capital of an independent kingdom, owing distant allegiance to China. "The island kingdom didn't know exactly what islands belonged to it," said Dr Mikio Higa, deputy governorNYT - 570 words
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Page 6 Advertisements
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Advertisement40 1982-03-17 6 Asia's 1 News Magazine. vt k( ft:: i P L L >[ THE PERIL GROWS Central America's Agony A U.S. Dilemma (mnship over Fl Salvador 1 in circulation 1 in ad revenue 1 in coverage of executives More goes into it.40 words
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Page 6 Miscellaneous
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Miscellaneous1307 1982-03-17 6 Use of industrial robots THE UBE «f tatotrUl refceta ami tte Imptteattw >re ilium I Ib teaftgfct'i TV Eye (Ck 5, lt.lt). Developed Ib Jtpu, thn raha* are aew wMely wed la ®aat ladartrUtW eaaaplaced Bare readily, dally la Maw at eea TV Eye* OnII exaa the fals atew, Ike1,307 words
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Article, Illustration1006 1982-03-17 7 DONALD F. SINCLAIR; PETER BARNARD - When will the recession end? That is probably the commonest question in economic circles at present. What it really asks is: when will the American recession end, for events in the US are the key to recovery elsewhere. Today Business Times analyses the1,006 words
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Article375 1982-03-17 7 HISTORICAL evidence suggests that a bull run in the stock markets proceeds the bottoming out of a recession by up to six months. On this basis, and given some indications that the major economies will start to recover in late summer, the bulls should be375 words
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Page 7 Advertisements
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Advertisement45 1982-03-17 7 The warm radiance of rare imported wines. The giow of a memorable evening. At Suasa-on-rhr Sixth or The Ranch. For room reservations, please call: Regent Reservation Service Singapore. Tel: *****27 Tele* No: RS ***** The Hotel in Kuala Lumpur the (Regent A REGENT" INTERNATIONAL HOTEL45 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article232 1982-03-17 8 MAR IS rrs CORBEILLE AtT-UquMK 440 -1 B 8 N OmU mi -JO C 8 F (TtJomaonr*t\ If! J Cto mmM dm PMratw HI 1 Cnmimnh Flranclara Cuspacntc OtiMtato 90 -J Credit Fonctar O* rrmnc* M7 -LI HaciMtU (Lttnurl.) as 4-8 MmM— Bull IfieiMUn am 193 t(B -a PKUnq232 words
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Article80 1982-03-17 8 MAR 19 Prs FORWARD MARKET Acac m Arbed 1«M -SI Astur 400 unch Brmacan Bni-Lamb Canpu MO llfl -V -M 1T1 m I»M 4100 2230 4 -7 -46 -80 10 trie Hobo* an unch -130 p-Lro MM 4-00 Rji Dutch 1400 unch Sklro I1B ♦4 8oc On Bale So80 words
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Article189 1982-03-17 8 D« Mi-Tditunuo an -u ill* L«ben UiB Vt rs Jay H T Wbanfc a*, vhank 130 JO 300 00 wato ♦M I _qj kver ***** -Oj IBC 210JD -4j 1MW 21X50 wicto CUHlll 237 00 Chem Vent CommtriDinl ConU Oummi ***** ***** 30 JO 1 unch ♦M I *jmler189 words
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Article180 1982-03-17 8 MAR 1} Franc* Action* Sulaan AJimiHn Br Aluaulaat Ham Brown Bowl Br. Clba O«lo Br. cit* otfj r c Clba Oclfy Rm Credit Sutac Br Crwtlt Sulaat H*% DaktrowaU Br Oaor®» Ptachar Br Olofcu* rt Ham Mr Hoffman La Roc ha 1/M Holder bank Br Inlarfood Br Jalmoil Br180 words
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Article152 1982-03-17 8 MAR IS ABM ru rnjo Ahold An -LI Akao TIM -as AMEV MM •1.4 Amtat 71 JO unci! Amrotmk 4U0 •U ssr -1 a« ill Bote SO JO iU Borsuml) K.10 ]7 JO -L4 0.1 fltonrt SI JO -0J Cal*« Dalft DaU Mlj MJO 74J0 -u -1 111 JO152 words
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Article51 1982-03-17 8 MAR IS Lin BMW*! SB -J* OH |M 7» good Acq us Rom* IrldAiua £**<*11 1906 K Ocnarmli Ott» aw Lao u <** nm m Wtosrizzzir SS2?^o-==!-MooiUdon PriT MM 11 Ontttl Ord an *7 P*»U1 AM C MB «j*m atrn MM Rtnafnu Ord Z tote nn> 7M ion +jb51 words
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Article136 1982-03-17 8 MAR U Ct AMUM If* Alcan a Aifomt Ban* Moot Bank Nova Scot* Ml Trt a* 21U k an n% -ft -ft ft .ft Btth Can BP Can Ltd Braacan 11 fc -ft UDCh Camp fUd Lake Can Imp Bk u a •f H Canpae a* -f Canpae In*136 words
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Article231 1982-03-17 8 MAR U Rand INDUSTRIALS A A in*. life HO -IS TXI MIO unci) W unch u» -a 00 unch 230 unch Ul3 1400 -25 mo -m 410 -10 Oardt&n OMnani Ommn Hippo Hlwld HulMb Lltwrty .nnrhn IT* M And R MccartH; MCUXM ions -s 400 -10 (00 «BCi> its231 words
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Page 8 Advertisements
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Advertisement237 1982-03-17 8 liere to wine, dine and entertain Don't leave home without it. To apply for the American Express Card Ca11:*****33 Heal for picnics office inches 4 i 1 w A pocked meal for @SoS®«ttfte IMpfpttSnukShop All served with pickle and plain rice Delicious Nonya Packs available 7 days a week from237 words
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Advertisement127 1982-03-17 8 I'()r banquets lor C(>nrent!( his lor other functions of flawless finesse. unctions for up fo 2SO quests International menus to choose from. Complete range of audio visual equipment Ample parking space A k M lL I *iu»k *-*li<'riili S»ii m«| NassimHiii Singapore 102b. Tel *****77 Ope 'i'ed Dv ANA HOTELS127 words
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Advertisement191 1982-03-17 8 ->-$,`~}*$&&<*="{>$>%_??-%=&'@( tint: (omi\l:MS KtSl\ t K I Before vou fly au av to foreign lands, check-in vour hag> then seek out the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superb international cuisine you've ever tasted. Lunch 12 ncxin 3 pm Dinner 7pm 11191 words
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Advertisement156 1982-03-17 8 When you dine, dine Cantonese. i 0 o If pleasing your palate is achieved only by eating the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton So come. The stage is set for an156 words
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Advertisement161 1982-03-17 8 For businessmen and professionals, a place to call your own. Located at the basement of the Cockpit Hotel is the Citation. Exclusive. Plush. Luxuriously spacious. A club with live and pleasant entertainment, gracious hostesses and all the privacy you want. Ideal for drinks and evenings with clients and colleagues. And161 words
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RAW MATERIALS
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Article821 1982-03-17 9 COFFEE: Robusta prices yesterday recovered mid morning following early losses but were £2 to £12 a tonne below Monday's closing levels. Morning volume was only 1,523 lots, including 391 crossed trades and 22 options. SUGAR: The London daily raws price yesterday was £148, and whites £163. COCOA: Futures821 words
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Article126 1982-03-17 9 THE Kuala Lumpur crude palm oil market yesterday weakened in late quiet trading on'further lack of buying support, dealers said. ~*ln March, south weakened M 53.50 to $934 a tonne and central fell $10 to $920. In April, south fell $2.50 to $927.50 and central $1 to $924.126 words
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Article1226 1982-03-17 9 NEW YORK STOCKS SHOCKS IN New York on Monday ended the day on a mixed note, caught between the conflicting forces of bargain hunting high interest rates. Dow Jones industrial average moved iQ a narrow range all day before closing up about 3V* points at 800.97. Declines1,226 words
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Article177 1982-03-17 9 CHINESE PwJaw Rxefeaage, e s P ere H—lag prtuea per 1M kg yeaterSay. Cuiwt «II: Bulk fob $96.00 sellers, old drum (in second hand drum) fob $106.00 sellers, new drum fob $112.00 sellers. Cspra: Mixed (loose) $45.00 buyers. Pepper: Muntok white pepper fob Asta NLW $375.00 sellers, Sarawak177 words
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Article320 1982-03-17 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.20, 100 per cent second class 1.02, 100 per cent third class 1.00, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-auper 0.70, Special320 words
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Article195 1982-03-17 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ez-go-down) Gsttaa yarn: China Blue Phoenix 20s 2,420; 32s 3,130, 40* 3.200 (per bale of 400 lbs). Piece |m4s: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly195 words
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Article150 1982-03-17 9 WHEAT futures in Chicago on Monday extended gains late and closed on top of an eight US-cent range, up 6V4 to three cents a bushel. Traders called Monday's price action a key technical reversal, since prices slumped to new season's low earlier and then settled above Friday's highs in150 words
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Article96 1982-03-17 9 THE STRAITS til price In Pei»ag yesterday gtiied twe eeiti to M$»J7 a kite, still within the TTA tower sector ef $21.15 and $32.M. The medest Increase came alter the price held nnehaaged at PUS tor Ore days raining sn csntinned Strang hnffer stack manager snppert. The haffer96 words
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Article32 1982-03-17 9 Rubber: Mar 16 Singapore: April: 182.00 ceats (unchanged) Malaysia: April: 204.00 cents (down 0.60 cent) Tin: M 530.37 per kilo (up 2 cents) Official offering: 330 tonnes (down 13 tonnes)32 words
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Article186 1982-03-17 9 Reuter A FIVE-DAY International Cocoa Organisation (ICCO) session started in London on Monday to consider whether to approve a commercial loan to replenish buffer stock resources, ICCO delegates said. A Saudi Arabian financial institution has offered a USS7O million loan, and three Brazilian banks aReuter - 186 words
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Article278 1982-03-17 9 RUBBER prices In Singapore yesterday closed quietly steady with April One RSS buyers quoted at 182.00 cents per kilo, unchanged from Monday's close, dealers said. Morning prices were marked down slightly on some speculative selling after an unchanged opening, they said. Prices recovered slightly in the afternoon on covering278 words
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Article307 1982-03-17 9 RA8 prices In etnto per kilo jrwUrday: (par kilo) SQOVB un (park So) lot. 1 RSS. promp t f o b. Itl 00 LB00N ummm moo Setters 1I2.00N ia> v> Iat. 1 RS-S April ltL 00 1BJ0 1BJ0 taL 1 RSS. May uuo 1M.00 104.00 104.50 lilt. 2307 words
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Article74 1982-03-17 9 NOON 88R mtd SMK print pasi U1 April (OmliaiU n;m Sal 1MJ0 mxjo Mth> wis (1-KipdM (l-MatMlM) 1MJ0 Ml JO 1WJ0N iojon Ban 1(7 JON IMJON itacv 8MK L SMRS SMK CP SMK 10 (1-taapdM II-MHIKI HIOMMI April IHCt :WAC 186 00 l 1M.OON IMJ0N irooN <v74 words
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Article141 1982-03-17 9 SOYBEAN futures in Chicago on Monday rallied sharply in afternoon trade to close on top of a 25 US-cent range, up 21V* to 12V* cents a bushel in hectic trade. Chartists called Monday's performance a key technical reversal, since prices slumped to new contract lows earlier and settled above141 words
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315 1982-03-17 9 Reuter INDONESIA'S Minister of Mining and Energy Subroto has met the UK Minister for Industry and New Technology, Kenneth Butler, to urge Britain to sign the sixth International Tin Agreement. A government spokeswoman said Mr Butler had told Mr Subroto the matter wasReuter - 315 words
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Page 9 Advertisements
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Advertisement380 1982-03-17 9 PETER HEERING LIQUEUR enjoyed in 144 countries! m L RR YHtW t V fj r VVW; Swiss Continental Restaurant 4? S. A truly great resuurant. Soft lights, sweet music, and an atmosphere to make an occasion even more special. Try our very own Escalope de Veau St. Moritz (Panfried escalope380 words
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1278 1982-03-17 10 BID sad after prfcw officially Haled and batata la and reported to ths Stock Exchange of fcpfi yesterrt«y with the of Aani traded •town ta brackets ta Ms of MM salts, unless otherwise SECTION ONI INDUSTRIAL COMMEBCIAL Amu (140B) AIM CfcM (I.ISB1,278 words
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Article1429 1982-03-17 10 BID and offer prices officially 1 listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number at shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. I nDunuu iianii(iie) AJaw (188 IMS) (J) I B (I) 1.221,429 words
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Article274 1982-03-17 10 SENTOSA Plywned Bwted: EGM to be held at 4th Mile, Jalan Mersing, Kulang, Hohorem Malaysia, on March 21 at 12.30 pm. THE Baktt Katll Bahber Ma Betted: RHM to be held at No 22 (Upper floor of No X), Jalan Gela.ngga.ng, Malacca on March 22 at 10 am.274 words
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Article144 1982-03-17 10 ■MumicmTt iff CMOUJ J*"" The Sarta*! Fad 1JI S'part Prof rod LM S*por» 8te. Ptod lJi S port lmvwt Pad LM S'part Bqattjr IM LIT UUDMTim |HM IV Mm Ifel Iwat Paad tM MilPngPM UI Mai SMMrtty PM LS MtlB«)ftja PMd UI rpara dra«tfrM UI IMtaTapira/M?" LM OR144 words
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Article2747 1982-03-17 10 1M1/1MS B** Lmw Ctmpmmy Last Sale arGr*s Dfrr Dir Ctt Gr's T*M Nat P/B Vol Day COOO) High Law SBCTION ONB INDUSTRIAL A COMMERCIAL m 114 SIS <30 IN sn 430 Ml Aon* 115 Alcorn 130 Alllsd Choc m BAT an Bala 75 BM an Barjaya Kawat2,747 words
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454 1982-03-17 10 THE stock Mr Yesterday*. epeaftag, kewe»er, wu «wk, glvlag m UhaiN «f kew stocks wwM pertem later. ptektog m aftefjfce Um! flrmer ipjelig to'toe'Srt torn km. Straits T1b«s uSUkl late pM LSI mMs to «KJI whlck n'fci 11 ii ckaaged al tke flaal ML Kg454 words
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Article625 1982-03-17 10 THERE was a general improvement in the tone of the Kuala Lumpur stock market yesterday as prices finished steadier on a fairly wide front. Values opened mostly around the overnight level and relatively good support was noticeable in a fair number of counters throughout the625 words
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COMPANY NEWS
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389 1982-03-17 11 KING'S Hotel Ltd, which turned in favourable results last year, is confident of the profit-earning potential of the group in the current year. This is because besides earnings from its 319-room King's Hotel, the company can now look to contributions from two other sources namely389 words
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Article95 1982-03-17 11 TROPICAL Veneer Company Bhd has reported a sharp 63.3 per cent drop in its audited results for the financial year ended Dec 31,1961. J Net profit for the period before taxation, management fees and dividend came to only $724,463 as against $1,978 million last ..time. After95 words
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283 1982-03-17 11 SOUTH Pacific Textile Industries' (SPTI) proposed acquisition of all the minority shares in subsidiary Bandartex Sdn Bhd, is expected to result in a small increase in group earnings per share to 12 cents from 11.4 cents in the current financial year. The net tangible asset283 words
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1475 1982-03-17 11 Market Talk... THE current trend in the stock market has suggested that March will be another quiet trading month. In spite of continued good results being announced by leading companies, and lower share prices, there appears to be very little interest in1,475 words
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273 1982-03-17 11 DEPBEBBED market cttxtltlofu b(tt local]} and latoraatleaally have contrlksted to Ttiklka (Malaysia'.) slide tato the red la the first half at tke csrreat Hniriil year. Tke grasp's —itol laterlm rtpirt jiwj a lev at tmjm for the first six meatks to Dee SI,273 words
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ASIAN STOCKS
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Article333 1982-03-17 11 HONGKONG THE Hongkong stock market yesterday closed higher after trading steadily throughout the day but dealings were quiet and overshadowed by recent falls, brokers said. Overnight steadiness on Wall Street attracted some bargain hunting which fuelled the rise in the absence of spiling pressure, they said. The333 words
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Article569 1982-03-17 11 STOCK prices on the Tokyo market yesterday fell sharply with the average losing 161.69 points to an 18-month low, dealers said. They noted scattered selling over a wide front, and the market average ended at 6.916, its lowest level since Sep 2, 1900 when the569 words
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Article105 1982-03-17 11 SHARE prices in Bangkok yesterday again closed steady after a quiet session, dealers said. The Book Club index fell 0.32 to 92.56 on a turnover of 16.2 million baht. Bangkok Bank, Ayudhaya Investment and Siam Credit closed unchanged at 210, 102 and 53.50 baht respectively. MAR 16 A* Flbr*105 words
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Article244 1982-03-17 11 A LATE wave of buying by institutional investors pushed the Sydney market higher after an extremely quiet morning session yesterday, brokers said. Activity centered on recently-weakened oil and gas stocks. Brokers said large local institutions are anxious to reinvest unused liquidity in securities. Oil and gas issues have taken244 words
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Article94 1982-03-17 11 THE Manila stock market yesterday again weakened as turnover fell to 985,000 pesos from 1.6 million. MAR 1« PWo. A row Mtnlna n uncb AUm Con A AUu Coo B U.» Ooid AOU -ooooa Btruutt Coo B W fVMtrWi a 710 u unch rnrr IN unch Itpuls B. OK94 words
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Article784 1982-03-17 11 LONDON, Moo. The market closed mixed after a quiet start to the new account. The Financial Timet Index was 1.1 points lower at 565.8. The trend among uniting equities was lower, with the riae in US money supply on Friday underlining concern over the future trend at interest784 words
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Page 11 Advertisements
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Advertisement147 1982-03-17 11 USA COMMERCIAL ti INDUSTRIAL SAN DKOO, CAUFONMA TIJUANA. MEXICO Commercial-Industrial parcel of 412 acres spilt Into 6 lots from 40 122 acres near border crossing and airport. Price and terms negotiable Seller's trust deed -available. Also co-ownership offered. Minimum down USS2I.OOO. Write for brochure: RUNCO 8.V., pom 107,2170 AC SASSENHEM,147 words
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Advertisement262 1982-03-17 11 Objective: To provide participants with better insight to the role and functions of small group activities and detailed step by step implementation of these processes. Programme 1 Programme 2 ONE-DAY SEMINAR ON SMALL GROUP TWO-DAY WORKSHOP ON SMALL GROUP ACTIVITIES FOR TOP MANAGEMENT ACTIVITIES FOR MIDDLE MANAGEMENT Seminar Outline: Workshop262 words
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Chief Price Changes
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Article154 1982-03-17 12 Rises Indices C Sugar* Spore Lud 1310 700 +140 30 BT Indicator: Mar 15 Mar 16 Strait* Trading 810 25 *****5 *****5 Dualop Eat 494 22 Industrials: 694 01 696.31 Metro Hldga 630 20 Finance: 1598.87 1598.82 OUI 780 10 Hotels: 1075.60 1076.09 M B F Hldg* C K154 words
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Article, Illustration154 1982-03-17 12 Rises Indices C Sugars 1450 130 Mar 15 Mar 16 M BF 645 25 BT Index: *****3 *****7 HLInd 760 20 Industrials: 838.46 841.37 S Trading 880 +20 Finance: 1430.13 1426.49 Sim Lim 257 +17 Hotels: 606.73 606.82 Dunlop Est 545 15 Properties: 777.82 777.82 UOB 440 10154 words
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Article50 1982-03-17 12 FINANCIAL TIMES Tuesday 1185.13 INDUSTRIALS Monday 1161.93 Monday 506.8 Friday 566.8 Week Ago 1129.83 AUSTRALIAN Week Ago 544.1 INDUSTRIALS DOW JONES AVERAGE Tuesday.. 815.3 INDUSTRIALS Monday 811.7 Week Ago 817.0 Monday 800.90 Friday 707.37 ALL ORDINARIES Week Ago 705.47 Tuesday 464.8 H.K.HANG SENG Monday 458.5 Week Ago 463.850 words
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Article416 1982-03-17 12 KOH TSE YING - 11l Companies Editor: llano Sabnani By KOH TSE YING INCHCAPE Bhd, severely hit by poor motor sales as well as unfavourable exchange rates, has, as expected, suffered a sharp drop in profits for 1981. Group pre-tax profits for the year ended Dec 31, 1981, plunged 53.5416 words
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Article415 1982-03-17 12 IN A FURTHER diversification move, Kesang Holdings, formerly Kesang Tin (Malaya), has acquired a 70 per cent stake in a quarry company for M 5952,000 cash. Yesterday, Kesang announced that it has through its whollyowned subsidiary, Hwa Loon Housing Development Sdn Bhd, acquired 5(0,000 shares415 words
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Article290 1982-03-17 12 THE Kuala Lumpur Stock Exchange has queried Perils Pan tattoos BM for details of its loan to finance its proposed acquisition of Tai Yan Realty Sdn Bhd, as soon as the terms are finalised. THE annual general meeting of Deveiopmeat Bank wt Siagapore to be held on May290 words
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Article436 1982-03-17 12 HIND Hotels International will make its debut on the Stock Exchange of Singapore today. The 60 million Hind shares of $1.00 each will be traded under the Second Trading Section (Hotels) on an immediate basis. Sun Hung Kai Securities, a stockbroking company, recently commented favourably on436 words
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223 1982-03-17 12 CYCLE and Carriage has explained that its proposed Ms3s million commercial project in Kuala Lumpur is very much in the preliminary stage. The Stock Exchange of Singapore had earlier asked C and C for more details following chairman Chua Boon Peng's recent223 words
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Article64 1982-03-17 12 MALAYSIAN Americas Assaraaee Cs BM yesterday rfptriMi iri •penLuig prtni tf MMst.su (tiojm is 1IM). This was before taxattoa, me bMiwee turn* UJsstmeat aid galas (ran •ale tt tavestmeaU. At the aet level, profits aoasatetf to WMI2 (|1 SI mllllM). The eempaay has reeei mmiti64 words
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135 1982-03-17 12 IN SPITE of the bearish stock market, Singapore Land's rights issue of $100 million loan stock with transferable subscription warrrants has been fully subscribed. Applications totalling $122,456,100 were received, said the company yesterday. The issue which was offered to the public is understood to135 words
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Article620 1982-03-17 12 mm® by HOCK LOCK SIEW THE SECURITIES Industry Council's decision to allow Mr Ho Kok Cheong to sell his shares in Leong Huat Industries, on the condition that he finds a buyer who is willing and able to extend a general offer, must come as good newsby HOCK LOCK SIEW - 620 words
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Page 12 Advertisements
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Advertisement363 1982-03-17 12 TRAINING THE TRAINERS a residential programme Apollo Sentosa, Singapore, May 10-14,1982 Thi? course is suitable for staff from industrial and commercial organisations who have as their main role advising management on training policy, organising the training function, and occasionally undertaking direct training. To make the programme as relevant as possible363 words
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Advertisement512 1982-03-17 12 SINGAPORE LAND LIMITO) (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Singapore Land Limited ("the Company") are pleased to announce that the issue of $100,000,000 Loan Stock with Transferable Subscription Rights has been fully subscribed. Applications totalling $122,456,100 were received for the issue. Applications by ordinary shareholders on512 words
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Page 12 Miscellaneous
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Miscellaneous66 1982-03-17 12 OUTLOOK for Singapore today: Fair in the morning, showers in a few areas in the afternoon and early evening. Report f»r 24 hears prter to 7Jt pm on March II at &e airport: Maximum temperature 33.7 Associated humidity 55 Minimum temperature 25.2 Associated humidity 94 Hours of sunshine 9.20 Rainfall66 words
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SHIPPING TIMES
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Article163 1982-03-17 13 THE state-owned Thai Maritime Navigation Company (TMNC) has decided to buy a French semi-container ship, the Carbet, for US$2.5 million. TMNC's managing director, Lt-Commander Phat Siriyong, said it will put the ship into service on the Bangkok-Korea-Japan route in place of two existing company ships163 words
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Article, Illustration641 1982-03-17 13 JAN LEE - WORKSHOP IN SINGAPORE By JAN LEE TWO UNCTAD specialists in training techniques were in Singapore recently to conduct an instructors' course at the Singapore Polytechnic. The course was held during March 1-10 and is part of an Unctad programme, called Trainmar, to improve the management641 words
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PORTSIDES
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Article85 1982-03-17 13 Reuter THE international transport group Thomas Nationwide Transport Ltd (TNT) said it expects profits in the first nine months of its 1961/82 trading year to be substantially ahead of the same period in the previous year in spite of flat trading conditions generally and the effects ofReuter - 85 words
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Article80 1982-03-17 13 THE Baltic Steamship Company has opened a new route from Leningrad to Adelaide in Australia via the Suez Canal. It is being serviced by 18,600-tonne, roll-on roll-off vessels, which will call at Helsinki, Rostock, Marseilles, Barcelona and Genova. The Baltic Steamship Company is replacing its all-purpose dry80 words
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Article32 1982-03-17 13 Reuter THE Australia/Eastern USA and Australia/Eastern Canada Shipping Conferences said they will reduce the bunker surcharge on these trades to 8.3 per cent from 10.56 per cent, effective April LReuter - 32 words
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Article62 1982-03-17 13 INDIAN Container Lines, a consortium of three Indian shipping companies, plans to introduce box rates for tea shipments during the next tea season. The operators are applying a break-bulk tariff currently even when shipments are in containers. Almost 90 per cent of tea shipments to the62 words
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Article688 1982-03-17 13 SMpftag Umm Page CM SWpptag Um P%& Cat AfMpihgu aw vm 1 fmco vn 4/s Aim Vtn 1 FVrtta Lauro V S Alfred CT VI 1 Foong Sua vn 1 AHtrana vn 4 Franro-Belg m 4/5 AH»c VI 5 Frumm* X 5 DC 5 Frata NVOC VI688 words
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Article725 1982-03-17 14 AFP FIRMER grain rates were paid on the freight market last week following a sudden demand from the United States gulf, particularly for 70,000 tonners. Soviet enquiry was said to be continuing apace, with more fixing expected following the purchase of another million tons of grain fromAFP - 725 words
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146 1982-03-17 14 THE operational result of the Leif Hoegh and Co fleet in 1981 reached US$77.B million before write-offs and financial costs, which Is $9.5 million lower than the result obtained in 1980. The Hoegh fleet consists of 53 ships aggregating 2.7 million dwt. Earnings from tanker146 words
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Article1544 1982-03-17 14 FAIRLY active chartering developed on Monday (or grain cargoes out of North America with rates ruling steadier where changed. The $10 paid (or 70,000 tons from the US Gulf to AntwerpHolland compared with $9.50 previously, while 18.50 was agreed from the Gulf to Cartagena. A vessel was secured1,544 words
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439 1982-03-17 14 Lloyd's List AN ATTEMPT to curb the rights of the International Maritime Bureau to pass on information about suspected maritime frauds was thrown out by London's Court of Appeal. Three judges ruled that the bureau could issue warnings to its members aboutLloyd's List - 439 words
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Article, Illustration187 1982-03-17 14 THE first of two Panama* bulk carriers, the Pacific Peace, ordered by the C Y Tung group from Scottish shipyard, Go van Shipbuilders, was christened recently. The 66,200 dwt bulker belongs to a new generation of fuel-efficient Panamas which the builders say can save187 words
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Article353 1982-03-17 15 SWEDEN'S largest private shipyard looks certain to close. The Oskarshamn yard, which filed for bankruptcy when its parent Johansson group into trouble, seems set to run out of work before the end of this year when it finishes building two chemical tankers. Hopes of keeping Oskarshamn353 words
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414 1982-03-17 15 NORWEGIAN Shipping group, Kristian Jebsens, has concluded a joint-ven-ture deal with the Shipping Corporation of New Zealand to operate a fleet of New Zealand manned bulk vessels. Tentative negotiations have lasted two years and, according to Mr Jan Johnsen, managing director of Jebsens'414 words
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504 1982-03-17 15 Financial Times THE JAPANESE government is to discontinue the interest rate subsidy from April 1 for domestic shipping lines which order ships made in the country. The decision was influenced by the shipping lines' forecasts of continued strong earnings performances and large order booksFinancial Times - 504 words
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Article283 1982-03-17 15 THE SINKING of the 12,163 dwt bulk carrier Eastern Mariner I after she was ordered to leave the island of Bermuda has resulted in a precedentsetting civil action that could end in millions of US dollars being paid in damages. For the three separate parties with283 words
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5270 1982-03-17 20 SHIPPING LIST where your ships are due and when SCHEDDLE 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 Port5,270 words
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Article519 1982-03-17 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Macol King 028 Ming Young 38W Swire Star 08B BungaPenaga 10B/11A Benvalla 5738 Chevalier Valbelle 24/537 Korean Chance 7W Neptune Garnet 8E Osaka Bay 520 Panama 7E/W Macol Ace 045 Green Forward 104-15E Char Hoong 5C519 words
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Article1189 1982-03-17 21 The leading shipping lines operating from local ports and their agents. A B AeMpeta,. Shpg Singapore Shpg Agencies (S) Euro-Asia Line (PN KL PK). CmUlm* Continental Feeders (S) Cargo Freight (PK) AFKA Singapore Shipping Agencies <S)/ Euro-Asia Line (PKPN). Afr*-EaraMa Um Transgroup Pte Lid (S). A1,189 words
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598 1982-03-17 22 Business Day THE NATIONAL Development Co (NDC) will form a new company, National Shipping Corp of the Philippines, to operate a vessel it took over from the Maritime Company of the Philippines (MCP) recently and two others it will soon acquire fromBusiness Day - 598 words
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Article130 1982-03-17 22 MAERSK Line is believed to have placed an order at the AP Moller owned Odense shipyard (or a series of four 2,500 TEUcapacity cellular container vessels. The new tonnage will most probably be deployed in the Danish line's transPacific service. Yard numbers allocated follow-on from three Panama*130 words
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Article, Illustration557 1982-03-17 22 AXBJVALS KEPPEL WHARVES Ashkhabad (Tanker) (after Dean Duri sails PO A Zklafla hauls, subject gas free) 15/16 Cherry Laju (0630 hauls after Oasis Saint sails) 27/28 Kota Timur (after Kota Pahlawan WeDpark hauls) 10/11 Koheng (0700 after Cherry Laju hauls) 29/30 Klnabalu Dua (0600 after Ho Lung557 words
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Article206 1982-03-17 22 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAB 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.206 words
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484 1982-03-17 22 GREEK shipping, hit by multiple crisis of stagnant foreign exchange earnings, rising crew costs, failing trade and a bank squeeze, may be forced to "flag out". Some 10 per cent of the enormous Greek-flag fleet of 34 million tonnes gross is already484 words
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Page 13 Advertisements
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Advertisement272 1982-03-17 13 Everett Line FOt THC MOST F«CQUIHT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CUTT AGONG CALCUTTA CHALNA •RANGOON BUENOS AIRES MANZANILLO ACAPU.CO Everett Steamship Corpn. f/A Clifford Centre Singapore 1 let *****/9 36. Beach Street. Penang Rm 36 103 OCBC BMg Tel *****/3 Port mug Agents Harrgons I OostaM Tel:272 words
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Advertisement254 1982-03-17 13 13SEALORDH UASC UNITED ARAB SHIPPING CO SAG) EXPRESS MULT -PURPOSE SERVICES lAL KITAft Ml 17/4 JttM (27/4). Dammam (1/5). Bahram (4/5). fl Kuwait (7/5), Shuartw (10/5), 9 Mm DM* (13/5). Dubai (16/5) Kuwait (14/5), Dammam (18/5). Abu Dhat* (21/5). Dubai (24/5) I FULLY CONTAINERISED SERVICE SEALORD SNTPMG AGENCES (R#f. Mb.254 words
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Advertisement21 1982-03-17 13 I mm LONDON Prdgkte WEEKLY Freights SHIPPING SdMdvie CONTAINER BeMafe« WHO Acta for Wb«n SHIPS la P»rt REGIONAL Weather i»:o> LLiiT21 words
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Advertisement505 1982-03-17 13 ARISTOCRATIC\"X SHIP CLOCKS x WATCHES Of SWITZERLAND Pit ITD MAERSK LINE EXPORT FULL CONTAINER SERVICES ew York I Philadelphia Charleston 15/4 25/4 2/5 5/5 15/5 38 1/5 2«/4 27/4 4/5 11/5 11/5 25/5 1/5 1/5 mM 22-23/3 29-30/3 5-4/4 25/21/3 27-21/3 3-4/4 15-11/4 17-15/4 24-25/4 MW I HELM 12-13/4 limn505 words
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Page 14 Advertisements
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Advertisement942 1982-03-17 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. I Hint, Bash. UK. 3) Br town Bremertiaean. Aartws, Copenhagen. He&nti 4) ttatato. Stockholm. Oslo •Accepting942 words
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Advertisement170 1982-03-17 14 SUPERCARRIER SERVICE FROM: US QULF US ATLANTIC EAST CANADA I»II mi JU—IB ibui V* J/5 a/5 *nn tm ut- 24/1/12. 1 imrvw IAMCT PMAAT V«/«. "BAA** TA**\ 17/4/12. TO: PANAMA US ATLANTIC EAST CANADA US QULF •is/I w 11/5 IV) a/s a/5 »/i 1 TO: CALIFORNIA VENEZUELA EXPRESS CONTAINER SERVICE170 words
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Page 15 Advertisements
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Advertisement960 1982-03-17 15 The Straits Steamship Group QCI Overseas Containers Limited CONTAINERSHIP SERVICE TO UK 'CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok 11/5 13/5 19/5 21/5 2C/5 3/5 10/4 13/4 17/ 4 19/ 4 a/4 a/4 13/5 5 11/5 13/5 18/4 a/4 a/5 27/5 82/ I 3/C 11/ l960 words
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Advertisement602 1982-03-17 15 Franco Belyuui Services > Ail <t hrr ich >«ry u> H, ;\iin t .it K,m,r t: OnSO® T -v SMMK P KUANS U Htwt KOKM CHANCE 19 Mar 70 Mar t tar mvcswotiD na mm* »ttm 13 Ap. OMCOHTMO Ufa 311b 11% KOBUM lACEWON 4 V 23 Apr KrnKCMKT 10602 words
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Page 16 Advertisements
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Advertisement454 1982-03-17 16 Hapag-Lloyd 10 COMTWttNT UK Outi Say Cardfcaißa EXPORTS Mm accepting transhprnent cargo tor CARB6CAN/NCST MOtS M Hamt»r( Owjfcr Of Mn P Kdanc S port 21/3 23/3 6/4 Lifna 12/4 "Aho accepting cargo tor ATLANTIC GULF PORTS vio ramdandbridge, and US MID WEST by mtcrobridge" FROM CONTIWNI UN l*g* Bay Sid454 words
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Advertisement356 1982-03-17 16 MG.IS.ZjINE KOREA SNIPPING CORPORATION KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSCKSC KSC K. AGENTS: STORE CROHN MARK CO (PIE) LTD TEL: ***** M (4 linn) TERRMAL OFFICE 2223*29. *****71 SUB AGENTS P. KELAN6 PERKAPALAN GUNONG TMOR KL TEL 7230W/PX *****0 3R9919356 words
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Advertisement555 1982-03-17 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE AcanuG fci i ia cargo for J'pera MM Hw*w( Frit item Mwp U Krw. EM U|M 24/J 3/4 14/4 U/4 11/4 N/4 21/4 |N> Mctarv 1/4 M/ 4 24/4 24/4 J4/4 2/5 Ever Ur|» 11/4 22/4 J/5 J/J 7/5 »/J 11/J E«er 21/4 U/J555 words
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Advertisement786 1982-03-17 16 8 BurrT Fivt Star Shipping Corpn. 5 "BURMESE NATIONAL LINE" ?2| 1 LOADING FOR RANGOON W San. llto n/» r ii/I to TP, Kir£ F Sf, 9 nn BOUSTEAO SHPHNG B 2^.""SSi^-cJ5 E t* NG3B 30,/ NANG C«"fNN ArfMtMa 0« iiinmn iMtfetmHitmal iOA A IlllfS A A C I f.786 words
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Advertisement315 1982-03-17 16 mo.S.E. OCEAN SHIPPING 8 ENTERPRISES PTE LTD. 19 SANKYO LINE V.r^iiTTi KMMALUOUA to Part BLANOf 21-22/3 SAIKOU MMttl 23-24/3 ALDfBA 21-29/3 SAMT SOT MUM 31-31/3 NOCNUN 4-5/4 BMLLMMT 13-14/4 TMSHO (MM 9-11/4 OCCJW RESOURCES 13-14/4 SIM UFI 19-19/4 PAZ ESTRELLA 23-24/4 ocUN 9MB orransu pte ltd m *****44/7 t *****71315 words
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Page 17 Advertisements
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Advertisement891 1982-03-17 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIOAH, JEDOAH AQABA (Reefer Cntrs Acceptable) VESSEL KOTA SAHABAT KOTA SAHABAT KOTA BAMABAT KOTA SAHABAT s PORE COLOMBO I HOOEIDAH IJEDDAH I AQABA I COLOMBO I S'PORE 16-17/3 20-21/4 2S-26/5 29-30/6 24-25/3 25-29/4 2-3/6 7-6/7 27-26/3 30-31/3 1-2/5 4- 5/5 5-6/6 6-9/6 10-11/7891 words
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Advertisement873 1982-03-17 17 17 BEN LINE CONTAINERS EXPRESS com WO SERVICE TO/FROM EUROPE to cum CarMpalar Hm|K«| (iprtu Branan (xprass Tatta lipmi M/ 4 13/4 14/4 l|/4 |/4 17/4 15/4 a/4 22/4 IS/4 25/4 27/4 21/4 31/4 21/4 3/5 5/5 «/5 l/J 1/5 »3/5 12/5 11/5 IA/5 20/5 21/5 23/5 l«/ 5 25/5873 words
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Advertisement615 1982-03-17 17 5 5 v B f I 5 w I*l j K i 5 B i i 1 14 A 'Hi Scan Dutch Q TO MtO/UK LLY EXPRESS SERVIC I APATIOOSSM I rtattl SSIAASM MSON 11/) AncAsusn/i *omcMi-» BINVAiIA 72/3 ANSON 25/3 t A PAIUS 71/3 tor FACI 11/3 ANSON l/«615 words
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Advertisement542 1982-03-17 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS MDEPENDENT SERVICE TO UK/COHT FORTHBANK* CORABANK IVYBANK loods Ft Kelong 26/3) SPORE R'DAM HULL HMBG 25 Mar 20 Ape 23 Apr 28 Apr 23 Apr 19 May 22 May 27 May 28 May 23 Jun 26 Jun 1 Jul Lines U.S. GULF MRECT SERVICE542 words
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Page 18 Advertisements
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Advertisement916 1982-03-17 18 \H"K"line KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE I PACIFIC NORTHWEST TOKYO I. ANGELES OMINO MONTI EMERALD VlO KANSAI PIONEER V 6 GOtOCN GATE BRDGE I? Apr QUEENSWAY BRDGE 19 Apr SHU KASHU MARU 2 3 Apr IAPAN ACE 26 Apr rAMASHM MARU 23 Apr 22 Apr 24 Apr JO916 words
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Advertisement504 1982-03-17 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Im*| lOS ARGEIES SAN FRANCISCO. SUTTU. TACORM VANCOUVER 8 C Accaptai Fa/fa CMMn AUSTRALIA EXPRESS CONTAINER SERVICE Act**, Fa/Fa CMm P Mmi S part 27 MM 19 Apr 20 Apr K Ma, |2 Ma, Mat Mai S* too accaph A»r 10 Av 16504 words
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Advertisement669 1982-03-17 18 KORINS MARITIME SERVICES S Room 601 ICB Building Shenton Way Singapore Te) *****22 *****67 p Kolang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES BUNGA VAJCA 10 Apr LINNGSBON 12 Apr HOPE 12 ij BUN6A ARANDAIf Apr P Kelang Loadng For tobai/Kimart/Muscat Bandar Abbas/B Khomm LaHakia Hodcidah VS.' Hyundae Shipping Co. lid.669 words
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Advertisement580 1982-03-17 18 INTRASEA SuiV.'hlt; Intr-n.V 020 i T»-i LTD >r RvJ 10 t.nt-v iroaAsiA'&imc BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER SERVICE TO EUROPE/UK Singapore Loadtog tor: A. FDQJTY WB 123 30 Mar leddah/ Lnuuol M'ie*es Hamburg/Rotterdam Tlxry Als* accepting Contamrs to Boirut/Tripoi/Latakia/Tartoiß/ Ateiandria/Baghdad ALPAC LINE ALPAC ASM *.53 taped II (far Mauritius/Reunion580 words
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Page 19 Advertisements
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Advertisement650 1982-03-17 19 NEPTUNE ORIENT LINES k Wi FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member of the AC6 Consortium TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia K CHANCE S pore Closing Times. FCL Cargo LCL Cargo 1500 18/3 0300 18/3 FROM EUROPE (VIA SUEZ) N GARNET K K lACEJIN IX HK650 words
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Advertisement607 1982-03-17 19 MALDIVE LINES ETA ETA KUANTAN PORT KEIANG MALDIVE GRACE In Port Sail Loading For Jeddah MALDIVE PLEDGE 23/3 Loading For Jeddah MALDIVE UNITY 25/3 Loading For KARACHI MALDIVE NEIGHBOUR Sailed Loading For Jeddah MALDIVE MPORTER Sailed Loading For Male MALDIVE NAVIGATOR 30/3 Loading For Karachi/Shariah MALDIVE PIONEER 30/3 Loading For607 words
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Advertisement1040 1982-03-17 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS 213*0 RS ***** RS ***** P KELANG M/S SHARKAT NAM SOON SON BW IST AND ?NO FlOOfi NO I IAIAN Cimtm PORT KIANG MALAYSIA1,040 words
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Advertisement84 1982-03-17 19 P.E.A.C.E. PTE L \K •A, MOUNT FABER ROAD SINGAPORE 0400 TEL: *****88/9 REGULAR FCL/LCL SERVICES TO AUSTRALIA, HONG KONG VESSEL PEACE I PUCE I PEACE PEACE A PEACE B DESTMATION SYO, MLB. BIOS, AOEL ADEL. SYD, MLB SYD, MLB, BBS, ACQ HONG KONG HONGKONG 7th FU»r, MNB Buildlag, St RiMMN84 words
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Page 20 Advertisements
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Advertisement803 1982-03-17 20 S S C Group SINGAPORE SHIPPING CORPORATION PTE. LTD .OTMHOON Ol f AN BUILDING SINGAPORE 0104 MARK f >INC. 11.'. I I l.Nf Si GENERAL *****1 122 LINESI S MS A d CARSHIP CABLE CARGOSHIP 'fit H'TITHI li K®!M®M#l ILIIJIK Container Lines 2 SAILINGS A WEEK to/from BANGKOK HtIWK WXM803 words
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Page 21 Advertisements
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Advertisement241 1982-03-17 21 mb' EGYPTIAN IKJT£DKJATIOkiAI I IKi( Cll v INTERNATIONAL LINE (EIL) EGYPTIAN FLAG 1 NHfPP#*, PTf f[> H *l<t h .4<i* Crnttf Mvfm# 111 AS noi; I»i i I H» f x .'MS!*' HS H M S<* ghrf •I Vi 4RM)t< <SSO.' Pi t»i |gf.<4<«f J|, in Pfnjnj ffl J6<).'g« *>241 words
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Advertisement405 1982-03-17 21 CARGO SPACE AVAILABLE ON UNER VESSELS LOADING FOR s£* S!T C ?i££h C i UTTA COLOMBO, MADRAS, FMOM SAMARMDA. B AUK PAP AN TO HONGKONG, TAIWAN. WHAMPAO A TIENTSIN INDOGI'LF FREIGHT SERVICES TEL *****00, *****01 TELEX RS ***** INDGUI TIBER EXPRESS LINE MfM* Lmr Cwvtntionai S«rvic« Upmt Urm* to OCTAGONS405 words
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Advertisement64 1982-03-17 21 <"f) iro own now ookm. J"**?"- WVM». I law T* a*vaj77/mis g—*P- f UN| T* MUI/CXI *w*» i*atrai flu«) Fewer*mn/i IIAN HUAT SHIPPING CO, (PTC.) LTD. itw* futt. ijim Fiow. am uivua trm «N7 ms zmku/ovm ANGONAVE STATE SHIPPING LINE OF ANGOLA SPORE PKL Loading FOR W M/ 3 COLOMBO.64 words
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Page 22 Advertisements
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Advertisement299 1982-03-17 22 NOTICE rI General Survey of damaged cargo ex the above veaaei will be held on Monday 22nd Marcfc. 19K. from 900 a m to 5.00 p.m. No further aurvey will be held after thia date Igiati:b. nnuaiorti ®LTD. mil rnSrrnrrrr GELDERS SPETR; SHIPPING B V REGULAR FCL/LCL CONTANER SERVICE TO:299 words
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Advertisement356 1982-03-17 22 MAGNA MARINE LINES LOADING FOR 80UTH AFRICA el Spore PKelang Dischg Vessel Spore PKelang Dischg BESSANG 28/3 31/3 REUNION Voy Oil DURBAN BLJ 1975 CAPETOWN MAGNA VOY 012 25/4 28/4 —do MAGNA VOY 013 25/5 28/5 —do Accepting Containers GENERAL AGENTS:MAGNA SNIPPING PTE LTD 1 ltfc Floor, MN6 BUILDING SINGAPORE356 words
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Advertisement301 1982-03-17 22 PERKAPALAN LAUTAN MRU SON. BHD. P O Bo* 220 kot* KvutMki S*bjh KCUAI IMB SMVK3 Sabah Sjriwak Bangkok Sng*por r Port k*** Penang PKlang S pore Loading for LMJTAN ENMN il/t2 IS/3/S2 24/3/12 Sandakan, Tawau LAUTM RAN V.3/S2 25/3 31/3 KK SEALION SHIPPING (S) PTE. LTD. Tel. *****81 Tlx: *****301 words
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Page 22 Miscellaneous
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Miscellaneous139 1982-03-17 22 > Regional Weather 7Y Oil OX I Ai S N* St fc.Tl TO 0 y?m fl *v<r Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING LEGEND: R Thunderstorm Temperature °C y^S V Shower Weather Wind direction with speed in knots139 words
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