The Business Times, 6 August 1982

Total Pages: 30
1 30 The Business Times
  • 12 1 BUSINESS TIMES M.C.(P) No. 93/1/82 f FRIDAY, AUGUST I, IKS 60 CENTS
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  • 406 1  -  By JOHN LIM A SINGAPORE Airlines move to set up its own tour company to develop more tour programmes both from Singapore and to the island and the region has caused confusion in the local tour industry. The tour company is still in the
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  • 206 1 A SUMMONS was preferred against Woh Hup Pte Ltd. yesterday, accusing the company of conspiring with two individuals to induce a construction company to withdraw its tender for a Port of Singapore Authority contract far two blocks of Warehouses. The two, Yang Tiam Yong alias
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  • 526 1  -  By BERNADETTE CHOOI THE STAGE has been set for single-digit prime lending rates, with United Overseas Bank reducing its prime lending rate by half a point to 10 per cent from today. Chase Manhattan Bank, which only two days ago lowered its prime
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  • 444 1  -  By SOH TIANG KENG THE shortage of computer auditing personnel in Singapore is a cause for concern, but it has yet to reach "critical proportions". This is the view of many public accountants on the growth of computer applications in Singapore and the increasing
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  • 319 1 BESET by continued uncertainty, the Singapore stock market yesterday retreated (or the eighth straight trading day. The Straits Times Industrial Index plunged to another new ***** low of 631.42, down 14.33 points. The closely-watched market barometer has fallen unabatadly since Tuesday, July ST.
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  • BRIEFLY...
    • 92 1 AP THE EEC yesterday warned it will set unilaterally, import quotas on cheap textiles from 13 nations including its (our "dominant suppliers" in Asia unless their governments sign Import agreements in September. Horst Krenzler, the EEC's chief textile negotiator, said the community can do this by invoking
      AP  -  92 words
    • 72 1 Reuter ISRAEL appeared to be on a collision course with the United States, its closest ally, with one US diplomat saying relations had reached a very low ebb over the Israeli attacks in Beirut. The Israeli media said President Reagan had sent Prime Minister Begin a sharp message
      Reuter  -  72 words
    • 59 1 INDONESIA has turned down a Japanese request for exemption from its counter-purchase trade ruling, which required foreign importers to buy the same amount of Indonesian products. Minister for Trade and Cooperatives Radius Ptowiro said after a meeting with a trade mission from Tokyo that he had told the
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    • 62 1 Reuter NEW Zealand Prime Minister Robert Muldoon has anwounmi a 1962/ 83 budget with substantial income tax cuts which be had promised recently when imposing a 12-month wage and price freeze. To make up for the cuts, he announced immediate large increases in the prices of tobacco, alchohol,
      Reuter  -  62 words
    • 55 1 THE Italian government was in disarray yesterday as its supporters rebelled over austerity measures put forward by socialist Finance Minister Salvatore Formica. At least 30 centre-right Christian Democrat deputies broke ranks during committee hearings last night to vote against decrees on social security contributions and tightening up
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    • 80 1 UPI INDIAN Prime Minister Indira Gandhi arrived in Japan from the US (or talks with her Japanese counterpart on promoting relations between their countries. The Indian leader is expected to tell Prime Minister Zenko Suzuki that India is reducing its dependence on the Soviet Union and trying
      UPI  -  80 words
    • 63 1 AP THREE student representatives delivered a note to the Japanese consulate-general protesting revisions of Japanese textbooks which downplay Japanese military atrocities in China. The note asked the Japanese government to make clear its attitude toward the revised textbooks. > The students represented the University of Hongkong and the
      AP  -  63 words
  • 478 1  -  By KOH TSE YING THE JAP AN-Singapore Training Centre (JSTC) is likely to be upgraded to a technical institute in the later half of next year. The Minister for Trade and Industry, Dr Tony Tan, has formally requested the Japanese government to upgrade JSTC and
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  • Page 1 Advertisements
    • 218 1 r KMDB THE preference for tying loans to the London interbank offered rate has probably led to fewer loans being rolled over in Singapore recently Page 2 EMPLOYERS will have to provide more in-house training as a shortfall in continuing education and training facilities means 96,000 workers will be unable
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    • 42 1 BALLY of Switzerland My Boutfqua, Holiday tnn, Scotts Rd., C E Building. Orchard Rd., PaviUton Inter-Continental, Cuacadan Rd. iaafu Hwwioak. I lawlocfc/Outram Rd.. batan Orchard, Uat Towen, Orchard Rd.. RoMnaon,Specialists' Cantre. Orchard Rd. Sole Agent S.G. Parrett A Son (Pie) Ltd. Singapere.
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    • 177 1 Minolta copy quality. Witt) reduction. KlleM AHEAD MONDAY is National Day. A time to look back and a time to look forward, to the challenge ahead. It is a strong challenge ahead squeezed markets, lower growth, changes in the economy's emphasis. How will Singapore cope with the full weight of
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  • BANKING AND FINANCE
    • 284 2 Reuter MOODY'S Investors Service said it lowered the ratings on US Steel Corps commercial paper, and senior and subordinated debt, effective immediately. It said ratings on US Steel Corp and US Steel Credit Corp's commercial paper were lowered to "Prime Two" from "Prime One".
      Reuter  -  284 words
    • 644 2  -  By BERNADETTE CHOOI THE preference for pricing loans over the London interbank offered rate (Libor) has probably led to fewer loans being rolled over in Singapore recently. The latest issue of Asian Banking, which takes this view, said the blame for this
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    • 365 2 Reuter THE AMERICAN Treasury's large financing requirements in the current quarter will result in what many credit market analysts call a minirefunding at the end of September. In addition, many analysts believe the Treasury underestimated its needs for the fourth quarter and said its borrowings could total
      Reuter  -  365 words
    • 87 2 Reuter THE International Futures Exchange (Bermuda) Ltd will begin trading with gold futures and long-term US Treasury bond futures this autumn. An ocean freight rate index will become the exchange's third contract. Members of the exchange will trade by means of computer trading stations, which provide each member
      Reuter  -  87 words
    • 263 2 Reuter A GROWING number of American banks and nonfinancial companies, which have stepped up borrowing abroad because of lower interest rates available there, are not hedging the borrowings in the foreign exchange market, a Wells Fargo bank econoiAist said. Bank senior economist Gary Schlossberg
      Reuter  -  263 words
    • 117 2 Reuter •ttHMmr ttwle'j2«, aew Mmrt rate wfc S!I"'lM|lilllHIII wC Iwina Ihllita aai Hi Mk tn4tac partaer», giver—ft •Aetata eeM. The CM m 4( Mi pripw ahMrt i Swm( pwni«iM"Pj»r the ExeheqaerGeeffrey CM ta tee gluwy «heat the MeaawMta, the Ul Tre—ei7 UK eertlßeatae e(
      Reuter  -  117 words
    • 477 2 Reuter CANADIAN banks, which have been considered the most stable of Canada's businesses, may now be forced to defend their financial stability, analysts said. The recession, which is hitting Canada harder than the US, is believed to be the biggest problem confronting the banks,
      Reuter  -  477 words
    • MONEY AND EXCHANGES
      • 22 2 THE Average rale at which major Singapore banks are currently prepared to lead to their best customers is 10.71 per cent.
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      • 184 2 \SIAN currency deposit interbank rates as at :lose on Aug 5: US D*iUra(Spot) Offer ill 7 day* 113/16 111/18 1 month 119/16 117/16 2 months 121/16 1111/16 3 months 127/16 12 5/16 6 months 13 5/16 13 3/16 9 months 1311/*****/16 12 months 13** 13H Dm. |MMI< PrtoM)
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      • 45 2 RANGE at price* often Ml by discount houM on Aug 5: Overnight: n-J>.* Call dtfwaita: 3».1 < r* CWiac BayiM SclliM 3-month 3 5/16 Treasury bUU 37/H 3- month Bank bills 7 3 months CD 6W S months CD 7^* 7* Source: National Discount Co
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      • 472 2 THE LOCAL foreign exchange market was quiet yesterday in the face of continued uncertainty over the US interest rate trend. The US dollar weakened against the Singapore currency. It opened at 2.1540/50 and was traded up to 2.1560/ 80 before sliding to close at 2.1515/25. hnwi ntm at
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      • 139 2 THE dollar for overnight delivery closed easier yesterday at 259.06 yen from the 259.70 opening, with intervention by the Bank of Japan confined to the morning session, dealers said. This was below the 259.30/ 45 finish in New York overnight, but still above the 258.20 close in Tokyo on
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      • 218 2 THE US dollar yesterday softened against major currencies in quiet trading, but fluctuated widely against the Hongkong dollar, dealers said. The currency moved narrowly throughout the day against other currencies on uncertainty over the trend of US interest rates, while lower Asian dollar deposit rates brought the dollar down
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      • 269 2 GOLD futures in Singapore yesterday closed generally higher in moderate trading reflecting firmer overseas gold prices. Total sales for the day, including kerbs, was 454 lots. On the one kilobar, turnover was seven lots. Prompt closed stronger at U*****.30/353.70 an ounce against $346.00/347.50 on Wednesday, October at 358.00/358.50 against
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      • 40 2 New York 6.988 6.8TB 7.06S 6 94S Zurich 6 85B 6 85B 6 96S Til VI 7.06S Wad Singapore 6 95B 6.838 7.05S 6 93S Closing prices in US dollars a troy ounc e. Source: Credit Suisse, S'pore.
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      • 122 2 THE dollar yesterday eased against most major currencies from late Far Eastern levels on profit-taking following Wednesday's advance and a belief among dealers that US interest rates may soon resume their downward trend. The US unit opened at 2.4650/00 marks after 2.4704/ 11 late in Hongkong, the New York
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  • Page 2 Advertisements
    • 188 2 This announcement appears for the purposes of record only July 1962 ft TAT LEE BANK LIMITED RIGHTS ISSUE of 12,000,000 new ordinary shares of Ssl.oo each at S$Z5O per share 4 Managed and Underwritten by THE DEVELOPMENT BANK OF SINGAPORE LIMITED Asia Commercial Bank Limited Industrial ft Commercial Bank Limited
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    • 48 2 URO SHOE SHO NEW ARRIVAL "TOBAGO" Calf Leather Available in nine color combinations All Black. Brown. White. Navy, Beige Pale Green Light Brown/Beige Navy/Ivory Camel/Beige Sizes 5 to 11. X€URO SHO€ SHOP OPEN ON SUNDAY ..THE MARCO POLO HOTEL. SHOP 5, TANGLIN ROAD SMGAPORE KB4TEL *****62 CABLE EUROSMOE
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  • TRADE AND INDUSTRY
    • 266 3 THE Urku Redevelopment Aathertty is baUlag puUag space far wm ears •ver the aezt lew years at Its centres. Absat Z,m parking lets are new ander According te Skyttme, the USA newsletter, three areas are likely te niter aa aeate shertage sf ear parking lets in
      URA photo  -  266 words
    • 303 3 A LOCAL contractor has won a $29 million contract to design and construct cold storage facilities for the Housing and Development Board. The contractor, Active Building and Civil Construction Pte Ltd, received the letter of intent early last month from the statutory board.
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    • 355 3 THE formation of safety committees in over 500 factories has helped reduce the number of accidents. This represents more than 79 per cent of the factories which participated in a survey conducted by the Ministry of Labour in the second quarter of this year. The
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    • 376 3  -  By JOHN LIM EMPLOYERS will have to provide more opportunities (or in-house training at a shortfall in continuing education and training (CET) facilities means 36,000 workers will be unable to receive training each year. The Minister of State (Labour), Dr Wong Kwei Cheong,
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    • 388 3 IN A major diversification into the retail food business, Lee Brothers Poultry (Pte) Ltd has taken on two US fast food franchises covering Singapore, Malaysia and Hongkong. The two franchises ahe from Hardee's Food Systems Inc and BaskinRobbins Ice Cream Co, which sell
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    • 633 3 SEMINARS AND COURSES July 26-Aug 16 (Mondays, Wednesdays and Fridays): Managerial Economics (Management Accounting and Finance Programme), YMCA, NPB July 26-Aug 25 (Mondays, Wednesdays and Fridays): Manpower Planning, Institute of Education Bukit Timah, NPB July 27-Aug 20 (Tuesdays and Thursdays): Computer Management, Cuppage Centre, NPB July 27-Aug 26
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  • Page 3 Advertisements
    • 244 3 See Page 7 <• v m v 05 w> ft J V C- awww iraYrirrinriwi^^ s e 'ovmc^yyyi•&::.. o/ V ■.->.->x<-»w<ooc«oWWWWSSW >? '✓X P. y j Xv:?s:s i™ a-:;:; MMMW BMW 3-SERIES.COMPRESSION NOT OMISSION BMW's philosophy is that top-class cars don't have to be big to be excellent. This applies
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  • OVERSEAS
    • 638 4 Reuter MAJOR US oil companies' third quarter 1982 performances should show little if any improvement from depressed second quarter earnings. Industry analysts said a recovery could come in the fourth quarter if prices stabilise with a seasonal pickup in product demand
      Reuter  -  638 words
    • 182 4 Reuter BANK of America economist Robert Heller said world economic growth will see a modest upturn in 1963, with lower inflation and better international current account balances. Heller on Wednesday forecast a 3.1 per cent growth in gross domestic product for the world in 1983,
      Reuter  -  182 words
    • 441 4 AP MEXICAN law forbids foreign lorry drivers to operate in the country, a US congressman said, while foreign drivers have virtually free access to the US. South Korea has prohibited foreign insurance companies. The US makes no such restrictions. West Germany makes it
      AP  -  441 words
    • 366 4 NYT US TREASURY Secretary DeaaM Begaa hta tmmiii that shert-term US tetoveat rates AnU icattaae te fall, bat aM that he weaM aet waat the Federal Beaerve to let then tail toe «atekiy. la tasttmeay Mm the Beaato badge* eemmlttee, Begaa alee all «hert rates,
      NYT  -  366 words
    • 268 4 AFP NEW Zealand's external trade deficit for the year ending in June rose to US$l.7 billion, double last year's figure. Finance Minister and Prime Minister Robert Muldoon said he was "not particularly concerned" about the current account deficit, but he was concerned about the future.
      AFP  -  268 words
    • 462 4 NYT IN A major victory for President Reagan and his Conservative allies, the US Senate yesterday approved a constitutional amendment which would require Congress to adopt a balanced federal budget for every fiscal year that the country is not at war. The vote
      NYT  -  462 words
    • 332 4 Reuter ECONOMIC growth in the Third World has come to a virtual standstill and developing nations' economies are facing their worst crisis since the 1930b. The UN Conference on Trade and Development (Unctad), in a report on developing countries in 1981,
      Reuter  -  332 words
    • 188 4 Reuter A GROUP of foreign consultants yesterday handed the Thai government a US$4.5 billion proposal to develop an industrial centre on Thailand's east coast. Known as the Eastern Seaboard Plan and commissioned by the government's National Economic and Social Development Board, the group
      Reuter  -  188 words
    • 398 4 Reuter ONE OF Portugal's biggest public sector companies is to be given 30 days to solve its financial problems by laying off workers or selling assets, senior government officials said. The ultimatum to the state-owned shipping company, Companhia Portuguesa dos Trans port es Maritimos (CTM),
      Reuter  -  398 words
    • 360 4 NYT AMERICAN pharmaceuticals manufacturer Eli Lilly and Co has agreed to suspend voluntarily its sales and distribution of the anti-arthritic drug oraflex in the US. This followed a decision by the British authorities on Wednesday to temporarily suspend the sale of the drug,
      NYT  -  360 words
    • 763 4 ARRIVALS Service Local From Operator Number Time PAA PA006 0025 JFK/SFO/HKG SIA SQ43 0800 DHA SIA SQIOI 0805 KUL CAL CI010 0830 JED/DHA TMA TL341 0830 BEY/DXB MAS MH671 0920 KUL MAS MH680 0945 KCH RBA BI421 1000 BWN MAS MH651 1020 KUL SIA SQ201 1030 HLP
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    • 588 5 Reuter, NYT AMERICAN and European Economic Community negotiators went into a third day of dtocnasioas yesterday amid optimism they could •free on limiting steel exports to the US. 11m two sides are close to agreement on a target Hsrure for reduction of carbon
      Reuter,; NYT  -  588 words
    • 542 5 NYT ALL new cars sold in the US after September 1983 must be equipped with air bags or automatic seat belts. The Federal Court of Appeals in Washington made the ruling on Wednesday, which can only be overturned by the US Supreme
      NYT  -  542 words
    • 375 5 UPI FOREIGN carmakers grabbed their second highest share ever of the US market in July while American manufacturers logged their worst sales rate in 21 years. Total industry sales for the month were <55,980 cars, down 6.6 per cent from last year and the worst
      UPI  -  375 words
    • WORLD IN BRIEF
      • 358 5 Agencies JAPAN'S order» for industrial machinery received in June rose 30.1 per cent to •79.34 billion yen from a year earlier, owing to brtak plant export orders. The Japan Society of Industrial Machinery Manufacturers sakf the June total included export orders worth «7.80 billion yen, up 49.5.
        Agencies  -  358 words
    • 191 5 UPI, Kyodo EXXON Corporatism the giant New Ystfc-haasd oil company, has hsM on to Ms title as the world's largsst mni hwl'd'oiS mgidsrt IMS hsting of the world's M Mggest M» trials. The Royal Dnteh Shell group, with MP mvimii of Bo oftswTh Ihs lop
      UPI,; Kyodo  -  191 words
    • 644 5 AP. Reuter A Bit J. to cancel rrralih pi Reagan's embargo of equipment lor a Soviet gas pipeline being built to Western Europe received initial approval on Wethieeday. After bearing testimony that tbe iwjwri would mean a constitutional conflict between the Prerident
      AP.; Reuter  -  644 words
    • 314 5 AP AN EMPLOYEE and two farmer executives of Mitsui sad Co of Japan pleaded not guilty to US federal charges of conspiracy sad mslrint statements in sn alleged scheme to dump bargain-price steel in the US. The arraignment of the three Japanese citizens
      AP  -  314 words
    • 625 5 Agencies THE UN Security council yesterday censured Israel for failing to withdraw its > forces from Lebanon and threatened the Jewish state with global trade sanctions. The vote was 144 with the US abstaining. US ambassador Jeane Kirkpa trick insisted on the removal
      Agencies  -  625 words
    • 369 5 Reuter AEG-Telefunken AG supervisory board will meet on Monday to review the company's overall position. The 25 banks in the consortium which rescued the company at the end of 1979 will also meet on the same day, an AEG spokeswoman said. Although she
      Reuter  -  369 words
    • 203 5 AP A CONFIDENTIAL US State Department statement says President Reagan's special Middle East pence envoy, Philip Habib, is drawing income (ram three companies involved in international projects, congressional sources said. The document was submitted to the Senate Foreign Relations Committee on Tuesday in response
      AP  -  203 words
  • Page 4 Advertisements
    • 77 4 FLY AEROFLOT THE FAST ECONOMICAL WAY TO EUROPE ill I iili Ills illf 111Stockholm Copenhagen London Brussels rankfurt P s Geneva 4 Vienna Bucnarest Aeroftot operates three flights weekly from Singapore to Europe on Mondays, Wednesdays and Friday* Moaeowf you lees than 13 hours toraoah Mosoow one of Contact your
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  • Page 5 Advertisements
    • 36 5 Warmest Felicitations and Best Wishes to Soften Cattle Jfmance on the official opening of their Geylang Branch MARIS GROUP OF COMPANIES IN SINGAPORE Unit 2.27, Lucky Plaza, 304 Orchard Road, Singapore 0823. Tel: *****88 (5 lines)
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  • 501 6 A SUPPOSEDLY confidential US State Department document, widely leaked to the media yesterday, says that Mr Philip Habib, President Reagan's special envoy to the Middle East, "draws income" from three companies involved in international projects. Two of these companies have interests in
    501 words
  • 917 6 Lloyd's it overhauling its facade and its organisational foundations. NYT IN THE cavernous underwriting room at Lloyd's of London, called simply "The Room," lost ships are still inscribed in a large ledger with a quill pen, and the underwriters are still all men.
    NYT  -  917 words
  • 293 6  -  Latter HUA PAN CHEONG WE REFER to your editorial, "Enlarging the pool of forez dealers" (Business Times, August 4) and appreciate your paper's support of the training scheme. But we would like to clarify a couple of points that you have raised. First, you are
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  • Page 6 Advertisements
    • 320 6 Encvdopaedia Britannica 3 the Britannica advantage! it's the key to success in a competitive world That's why you should give your child ail the advantages you can. Especially the tools for success. (That's what a parent's love and responsibility ace ail about.) Certainly there's no better tool for improving school
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  • Page 6 Miscellaneous
    • 776 6 What goes into a parade SINGAPORE'S 17th N&ttra mmm —mm exelaslve later- gramme «f the PSA. •1 Day falls ea Meaday aad view wttk LTA-Cetoael Nm Flaally, tnm SBC'» two to nark the eeeaslea, Pah Chaaa, the aiaa rnp» drama salt, a reFrM*y Baekgnmmd (Ch S, si Me tor ewrihalh|
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  • 1591 7  -  In a major move to diversify his business activities, Lee Choon Huat, a leading local food supplier, has obtained two franchises at one go. The first franchise is in a fast food and the second in ice cream. In this interview, the 44-year-mold
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  • 665 7  -  By HENRY GINIGER NYT WITH public confidence in him at oee of its lowest points since he took power in 1968, Prime Minister Pierre Elliott Trudeau is having difficulty enlisting Canadians in his "crusade" to reduce the country's high inflation and end
    NYT  -  665 words
  • Page 7 Miscellaneous
    • 612 7 1 Rugby figures (6) 7 Not just a bit of a fight (5. 3) 8 Capital of Mali? (4) 10 Like the linen lady's hair? (6) 11 Stay a miner, possibly 14 French wine (3) 16 Key to a piece of music (5) 17 Sound the left-hand oar doesn't make
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  • Page 8 Advertisements
    • 497 8 Where to wine, dine and entertain wttti the American Express Card Our buffet 9 L^L pRET- A- pORTER 1982 The creations of nine of Singapore's leading designers andrfashlon houses will take to the catwalk at the Poolslde of the Holiday Inn Singapore, presenting the latest ready-to-wear for 1988/1983. The fashion
      497 words
    • 105 8 Whatever your taste, the Cockpit Hotel makes it great ■I rr The Siamese Seafood Restaurant is as good u Bangkok! vv T> r Victoria Bar The Cottee-Howse Relax in an atmosphere of For informal meals and elegant days gone by. light-hearted snacks O Cockpit HoM Penang Road. Singapore 0823 Tel:
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  • RAW MATERIALS
    • 171 9 aiMESK Pvadaes -iiMhi StaMMW r+mk 9 y m t r"»— 1 Bulk fob m oo old dram (in second ha®d dram) fob HOLM sellers, nep drum fob HM.OO sellers. *£T Mixed (low) $45.00 jNI" S Muntok white pepP« fob Acta NLW J310.00 seQ3 Sarawak white pepper faq NLW
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    • 171 9 YARN and cotton prices wdte quoted as follows in Hosgkong yesterday. (la HK dollars, spot ex-go-'dovn) Qsttsa yam: China Blue Phaentx 20s 2,460; 32s 3,130, 40s 3,30 V (per bale of 400 lbs). Usee gssis: China Butterfly and Globe brand unq; Drfgoa Head unq; Five Lambs un*. Mfotaa raw
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    • 325 9 SDiOAPOBE: Yesterday's cltatng prices in S$ per kilo, e*-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 100 per cent second class 0.86, 100 per cent third class 0 JO, 25 per cent new crap nonstock, B-10 per cent 0.77. THAI BROKEN: A-super 0 Special 0.».
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    • 316 9 THE Singapaore rubber market yesterday closed easier with August One RSS buyers quoted at 178.25 cents a kilo, down 1.75 cents from Wednesday night, dealers said. Prices lost some one cent during quiet morning trading after fluctuating narrowly on profit-taking and covering interest. Prices eased further, though slightly, in
      316 words
    • 32 9 Rubber: Aug S Singapore: Aug: 178.25 cents (down 1.75 cents) Malaysia: Aug: 200.00 cents (down 2.00 cents) Tin: M 529.15 per kilo (unchanged) Official offering: 317 tonnea (up 127 tonnes)
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    • 74 9 THE STRAITS TIN price ia Penug yesterday remained at the ITC fleer price ef M 529.15 a kilo for the 37th consecutive trading day. The buffer stock manager was again strongly supporting the market, while overseas interest remained absent, dealers said. o Turnover rose sharply to 317 tonnes
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    • 357 9 RAS prices In cenu per kilo yesterday: Noon Close (perklk Buyers m.so 178.25 178.25 171.00 170.80. ***** 165.50 154 00 153.00 148.80 147.80 (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 1TT.50 17B.S0N lat 1 R.S.S August 178.50 179.00 Int. 1 R.S.S. September 178 50 179.00 Int.
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    • 91 9 NOON 98R and SMR prie» ym mrirf u< 3* «uMn (Cam* h;m 158.40 14*00 ■at 1 Hlkl (VbrluS M(k) S8R20 SSRSO (I lea palbt; (1 too pail*) 1S840N 147 OON n;«n 147.00 180 JON isrooN S^.osas i iiiiiii (1-tOB paU«t) (MapdM (1 too paflrt) HUapdM) 11 too
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    • 234 9 WHEAT futures in Chicago on Wednesday closed near the top of a six US-cent range, up 2*i to one cent a bushel in light trade. Traders attributed Wednesdays strength mainly to active purchasing of December by the Large Professional House, estimated at 4.5 million bushels on the day. Trade
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    • 219 9 SOYBEAN futures in Chicago on Wednesday broke back to the minus-side late to close with '4 to three UScent a bushel losses. Prices rallied to the plusside in afternoon trade in sympathy with the recovery in gold futures, but strength was short-lived due to prominent local and profess sional
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    • 128 9 THE Kuala Lumpur crude palm oil market yesterday eased further on selling and lack of support in moderate trading, dealers said. In August central fell Msls to $680 a tonne, south $12.50 to $687.50 and north $7.50 to $675, while in September south lost $15 to $680 and
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    • 1032 9 COFFEE: Robusta coffee futures ended the morning mostly £8 to £3 a tonne higher but with the active near September position £26 higher following the one million bag ICO export quota cut announced yesterday, traders said. The September position traded 1,578 lots out of a total of 2,513
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    • INTERNATIONAL STOCKS
      • 1172 9 NEW YORK STOCK prices on Wednesday tumbled amid speculation that recent interest rate declines may have ended for the near-term, and concern over Israel's attack on Beirut. The Dow Jones industrial average was down sharply throughout the session and finished off almost 13 points to 803.46,
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      • 202 9 AUG 04 AbiilkM c$ IIS unc A lean 23'« Alfomi 34*i Bank Mont ITS Bank Nova Scotia H Bell Tel 17S Beth Corp BP Can Ltd— Brunn 23'» 14 unch -u Canpae In* Pf Ml wmM Carting OTCeefe 7S S Com In co 37** Cons Bath 14S H Cons
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      • 168 9 AUG 04 FH ABM mio 42 AhoAd moo 1J Akao 2500 0J amev 0450 07 Amfu 79 40 0J Amrobnk 43J0 00 tSr* 1 21 60 unch IHf SAM 01 BorsumlJ 90-QP 1 Burhmann aS 0J Caiand rim -OJ Calve Del ft xaso 41 Dell MIJ 7IJO 0J Ennu
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      • 227 9 AUG *4 1 m CORBK1LLE Atr. 1 uiuuW 4U -j B 8 N (tenia IMS ♦0 C 8 F(ThoouonC»f).. i« JO -u CI* t rine ntsr dn Prtrotn »so -0J Comptfnir rintncMn Compafn* Oen«T*le Credit Ponctcr D* Frmnco 36* ♦J HwlwW (Librajrte) m -M Mtrninn Bull Mx-fwllrt |B) 9(6
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      • 161 9 AUO 04 Dm Aef-Telefunken jo so 05 Akio Alls Lebm Alia Ver» BASF lit 10 -02 Bay H T Wbank Bay Vbant Bayer 1 110 JO 04 BBCBMW HZ ***** -0-2 Caaarlla CTi*iti Verm Commrnbuil 1 ***** -J.2 conuOunml 4000 •01 Daimler-Bern 304 SO -J* Drmac ZZ! 124 20
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      • 92 9 AUG 04 PW FORWARD MARKET ACeC m m■ m uncb Artoed 14&4 44 AftUir 3W 44 Bructa isa uncti Br u-Lamb UM 4t Cinptr MM 32 cpe€ 140 uneh [)i Beers 232 4 1 Cites 1735 4M Elertrobel 4300 -w Gb-lnno-Bm 1H0 -B Oev ian Hobofc T*** 4 IS
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      • 192 9 AUG (H Francs 4 Anions Suisse* rw -1 Alusuisse Br 437 -3 Alumnae Reg 138 -2 Brown Boveri Br <46 -10 Cite Oeigy Br 1235 -30 Cite Geigy P C 1015 -5 Cite Gelgy Ret 570 -3 Credit Suisse Br i«ao -25 Credit Suuse Reg 312 -2 Elektrowatt Br
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      • 95 9 AUG 04 Urc Bastogi 37 Bel 30m 450 OnuaJr Ord 2830 Cond Arqua Roma IK -4 Ertdania «30 -470 Flat Ord MM 31 General! *****0 -900 Olm 2M0 -50 Ifl Prt* 3550 -30 Invest 24,0 -30 Itaicemenu Ord ■300 Itaica* HI 8I9J0 -16-5 i-epeut Ord -7400 Mrdiodanca 13 aaaoo
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      • 305 9 AUG Ot Rand 4VINDUSTRIALS A Alpha 370 Abercom AE And CI 2» rro unch unch AMIC ano unch Bariovs Kfc -IS Cf Sugar 1900 unch CNA 575B uncti Currte r»n»nc* De Beers In<l Ed con MO unch Edgars HZ Eve ready Fed Volk ZH 256B Fuctt 230 unch Gardian
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  • Page 9 Advertisements
    • 52 9 Where taste still matters. The elegant restaurant in the heart of the financial district serves cuisine franqaise exclusively. For Luncheon, from 12 noon 'till 2.30 pm... and for Dinner, from 7 pm 'till 11 pm. For Reservations, telephone *****66. On the sth Floor of The Octagon, 105 Cecil Street, Singapore
      52 words
    • 30 9 See page 11 for Aalaa rtecks The Penguin A Dictionary of Modern Quotations d wonderful boot- to rend in the 100, in a traffic (d'n, before vou fall asleep 4T
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  • 1911 10 BID and ofler price* officially Hated end Wmtmm to and reported to the Stock Exchange of Singapore yesterday, with the number of tharta traded sbo*n in brackets In lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Aeaaa (1888)
    1,911 words
  • 191 10 MNOAPOKg UNIT 1TO9T pmww Diamond S pore Fd (I SI INCON (Cm IDNG1 rsvoou E The Commerce The Savings Fund S'pore Prog Fund S pore See. Fund S pore Invest Fund S pore Equity Fund 2 80 2.73 1.45 1.52 1.1S 1.21 LM 1.77*d 93 OS l.U IK
    191 words
  • 2878 10 IMS Hick Lew Coapur Last Sate Gr's Db Dir Cw Gr's Y*M Net P/E Vol POOO) Day Hick Lew SECTION ONE INDUSTRIAL COMMERCIAL 390 233 308 330 141 291 480 338 247 198 238 318 78 180 348 240 Aetna Alcom Allied Choc BAT Bata Ben Berjaya
    2,878 words
  • 1426 10 BID and offer price* officially listed and buoinoso in and reported to the Kuala Lumpur Stock Exchange yesterday, with the aumber of shares traded shown in brackets In lots of 1,000 units, unless otherwise specified. MDWIJUAU a com «a. lest Aleest (1028 1.035) I.M Alas Mis (1008
    1,426 words
  • 42 10 METRO BaMhp Umtoei: Ninth Annual General Meeting to be held at 19th Floor, OCBC Centre, Chulla Street, Singapore 0104 on August T&AN8MABCO Urn*led: Annual General Meeting to be held at 19tb Floor, OCBC Centre, Chulia Street, Singapore 0104 on August
    42 words
  • 804 10 THE flagsim itwik market jiihUiy defied tedurieai Mm whU pMri to tog ma amay days «f ■Mutol tow. Price» the (igktt Mto| already to 6 deeply w—H ■tote, aaalysts mM, sellers appeared ealy to aay taken wke were hard ifrteeeSefe7* rikl flkeil wwta Miivltlti
    804 words
  • 545 10 THE MILD recovery on Wednesday fizzled out as share prices resumed their downward drift on the Kuala Lumpur stock market yesterday in dull trading. Apart from the handful of single-digit gainers at the close, there were no significant pick-up in values. Total turnover on
    545 words

  • COMPANY NEWS
    • 405 11 JACK Chia Enterprises (Malaysia) Bhd (JCEM) chairman Mr Jack Chiarapurk has assured shareholders that the group will be able to "weather better the prevailing adverse eeo■wnuc conditions" due to the group's diversified activities. For example, the development by the group's subsidiary. Eastern and Oriental
      405 words
    • 206 11 AGAINBT the generally weaker earnings reeeotly reported by rnwilij taml MfMIM, Kllhaghall Tta (Malaysia) BU has tamed la after-tax nflt ip *SJ per eeat to MJLI ailltoa far the wtx moaths cadet Jaae *,ML This was prshahij dae to the larger arise eatpat by the
      206 words
    • 585 11 RUBBER estates in Malaysia should be planted with first-class clones if they are to offset rising production costs. Tun Tan Slew Sin, chairman of United Malaria Rabber Estates Bhd said if this is not so, plantation companies will be recording costs of production" which
      585 words
    • 288 11 THE TAN brothers of the family of Datuk Mohamed All Tan have taken over at the board of Pengkalen PLC. Following its recent successful bid by the Tan family vehicle, Hongkong-based Neville Enterprises Ltd, Mr Jaya J B Tan has been appointed the new chairman of Pengkalen
      288 words
    • In Hongkong...
      • 51 11 has announced an in- terim dividend of 13 cents (11 cents) for the six months ended June 30. Group net profit amounted to HK1301.9 million ($222.6 million) for the halfyear ended June 30. Turnover was |1.08 billion ($966.8 million). Earnings per share was 13 cents (11
        51 words
      • 39 11 has reported group net profit of HKJ445.6 million ($225.9 million) for the year ending March 31. A final dividend of 7.5 cents (eight cents) has been declared, making a total of 12 cents (same) for the year.
        39 words
    • 453 11 i! El Date Claae Date PayaM* Tata! for tfee year Tatal far Prevtoaa j API Atoi HMga B SmktwMf 39TE(b) 09(b) 359(f) Jul 13 Sep 10 Jul 23 Jul 26 Sep 17 Jul 30 Aug 26 Sep 27 Aug 16 39 TE 09 359 1.79TE 39(a) 209 hrjtyi
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    • 176 11 CwpMjr Parttealan Ex Date Bwki Ctase API Proposed bonus issue of 1 for 3 NY A NYA Baklt kaOl Proposed bonus issue of 2 for 1 NYA NYA G Lukcr Proposed rights issue of 3 for 10 KGHMp fe $1.00 per share NYA NYA Proposed bonus issue OUB
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    • ASIAN STOCKS
      • 395 11 HONGKONG LEADING shares yesterday closed easier and the Hang Seng index lost 4.49 to 1,142.02, dealers said. However, second line issue finished mixed as sellers dried up around midmorning. The Hang Seng index has lost some ***** over the last eight sessions and dealers said a near-term
        395 words
      • 460 11 SHARE prices yesterday fell sharply for the second consecutive day, again undermined by the weaker yen and the decline on Wall Street. The market average lost 73.61 to close at 7,092.67, after falling 47.31 on Wednesday, on thin volume of 170 million shares. The Tokyo Stock
        460 words
      • 125 11 THE market was mixed yesterday as commercial/ industrial moved higher by 0.70 to close at 90.91, mining rose 2.1 to 902.67 and oils went down 0.028 to 2.151. Turnover was 2.9 million pesos compared with Wednesday's 2.8 million. Gainers were San Miguel "A" at 16.90 from 16.80 and Atlas
        125 words
      • 157 11 PRICES yesterday closed mixed with losses outnumbering gains in quiet trading after profit-taking, dealers said. The Book Club index dropped 0.38 point to 95.49 on turnover of 15.1 million baht. Siam Cement lost six baht to 211, Siam Credit three to 75. Jalaprathan Cement two to 126.50 and Saha
        157 words
      • 309 11 THE market yesterday closed lower in line with falls on overseas share markets. AUG 06 Cents INDU8TK1AL8 r i 1a UOCh AMI 4 A S B m AfP 210 ABM Mill 147 unch Ampol PM. 114 unch AM 3M 5 Aeeoc Pulp Piper 140 unch HP M •M Bank
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  • Page 11 Advertisements
    • 413 11 SAVINGS ACCOUNTS: Deposit and withdrawal at any of our 54 branches FIXED DEPOSITS: PRIME RATE: 7%%p.a. 6/2% p.a. for 1 month 7 p.a. for 3 months 71/0/ /2 /Op.a. for 6 months 8 p.a. for 9 12 months 10% p.a. EFFECTIVE 6 AUGUST 1982 Ratassubpct to changa without notice UNITED
      413 words
    • 282 11 NOTICE (This notice supersedes one published on Business Times dated sth August 1982.) To the holders of the floating rate U.S. Dollar Certificate* of Deposit due 7th February, 1963 of: THE INDUSTRIAL BANK OF JAPAN LIMITED Tower 1301. DBS Building Shenton Way, Singapore 0106 We hereby certify that the rate
      282 words

  • Chief Price Changes
    • 146 12 Rises Indices Ltoa H— B Lnh Credit B AT Tu«k Cmnl Tokya Lud MtUnwtu Falls CCM Duaiop lad S«a View IHUI PMII I C B Print a Nat Iron F N Selaagor Dradf F E Uvtafitoi N O L Hose L*o>( lad OUT 3S0 300 240 424 140 336
      146 words
    • Article, Illustration
      175 12 SHARKS (Ml for Ike eighth M—wlw itwin m the Stock tt M Tr*r* yesterday m Jittery Investors tosk Ike eae (rem Ike tep inp m Wall Street ea Wednesday. The Stratti Ttaea biatrial Index finished 14 JS peiate lewer ta 01.42 peiate while tke Parfaw Tlmee ladieater ef
      175 words
    • 52 12 FINANCIAL TIMES INDUSTRIALS Wednesday 560.3 Tuesday 566 2. Week Ago 561.9 Thursday 1142.02 Wednesday r 1146.51 Week Ago 1185.86 AUSTRALIAN INDUSTRIALS DOW JONES AVERAGE INDUSTRIALS Wednesday— 803.46 Tuesday 816.40 Week Ago 811.83 Thursday 821.4 Wednesday 621.7 Week Ago.™ 619.6 ALL ORDINARIES Thursday 469.2 H.K.HANG SENG Wednesday 473.3 Week
      52 words
  • 210 12 SIME Darby Group has announced several senior management appointments. Mr Halim Dahlan, chief executive of Pemas-Sime Darby, has been appointed the group's regional director, Malaysia. Mr Halim, a chartered accountant who joined the group in 1978, will also be on the board of Sime
    210 words
  • 348 12 THE response to the Rasa Sayang Beach Hotels' share offer, to date, has been described as "lukewarm". About 150,000 forms have been distributed, the same number as that for the recent public offer of shares in Federal Flour Mills Bhd. Investment circles in Kuala
    348 words
  • 678 12 THE LONDON stock market closed mixed after a fairly quiet eeakm yesterday, dealen aid. At 3pm, the Financial Time* index was up M paints at 560.7. Gold shares ended mixed after the bullion price failed to consolidate above US$36O. Closing middle prices of selected stocks, excluding stamp duty,
    678 words
  • 41 12 AP THE NEW YORK stock market declined yesterday morning in seUng that left the Dow Jones industrial average hovering Just above 800. dropping 3.6 points to W. 04 in the Qrst half hour with losers tak-3-to-l lead over gainers.
    AP  -  41 words
  • 173 12 CENTRAL Propcrtias has recorded i higfcff growth in interim profit for the first six months to June 30, 1982» compared with the 1981 first half. Group pre-tax profit were up 41.6 per cent to $6.32 million against a previous 31.6 per cent growth. Revenue rose 38.5
    173 words
  • 134 12 AMCOL Electrical Industries, which has been in the red for the last three years, is reactivating its trading division. The company yesterday announced it has placed an order for the import of 616 colour television sets from West Germany and shipment is scheduled to arrive
    134 words
  • 128 12 OVERSEAS OiIm Enterprise and Overseas Uiisa Treat have informed the Stock Exchange of Singapore that they intend to recommend a final dividend in addition to the interim dividend recently announced. The final dividends, based on the enlarged capital of both companies, are expected to be not less than
    128 words
  • 547 12  -  ■HI Companies Editor: llano Sabnani ■y CHAN OI CHEE THE Hongkong Land group, with diversified interests in property, food distribution and hotels, is taking a more aggressive stance towards property development in Singapore. Mr TW Knight, director and general manager of Hongkong
    547 words
  • 496 12  -  By CHOO AI LENG SINGAPORE Bus Service seems undaunted by the emergence of a second bus company next year. It prefers to see this as a challenge and is confident it "will more than bold its own against the competition to remain the dominant bus company
    496 words
  • Page 12 Advertisements
    • 276 12 Assurance for Partners ACCOUNTANTS, ARCHITECTS, DENTAL SURGEONS, DOCTORS, SOLICITORS AND OTHERS IN PARTNERSHIP Will your partnership finances survive the death or retirement of a Partner? Retirement is foreseeable, but death can strike a partnership at anytime. According to current mortality tables, there is a one-in-five chance of a man aged
      276 words
    • 163 12 CONGRATULATIONS TO SIMf mm SENG SHIPYARD PTE LTD ON THEIR SUCCESSFUL DELIVERY OF A 45 METRE PATROLLING VESSEL TO WFSIKMIE WHJIPMIiiYI liWILSTMIiNT S.A. ON 27th JULY 1982 CONSULTANT CONAN WU& ASSOCIATE PTE LTD 4 -Xy V !-r% V T'l•- m ifr* t -I ft Throw length during seatrial was measured
      163 words
  • Page 12 Miscellaneous
    • 61 12 OUTLOOK for Singapore today: Fair; v showers in some areas just before noon. Report tor 24 tours prior to 7Jt pm m Aug 5 r at the airport: Maximum temperature 31.0 Associated humidity 66 Minimum temperature 23.9 Associated humidity 92 Hours of sunshine 3.75 Rainfall in millimetres 1.1 Total rainfall
      61 words

  • SHIPPING TIMES
    • 356 13 to make Darwin a major port on Australia's northern trade routes have -taken another step forward with the signing of an A|s million contract with r Sumitomo Australia Ltd -for the manufacture and installation of a 35-tonne container crane. Moves to chahge
      356 words
    • 346 13  -  By JAN LEE THE SCANDUTCH consortium operating between the Far East and Europe will add another port of call in its sailing schedule from next month. The six-line group will start calling direct at the central Japanese port of Nagoya every Saturday from
      346 words
    • PORTSIDES
      • 121 13 A SWEDISH fishing cutter sank on Wednesday after a collision with a Japanese oil tanker, but the cutter's five-man crew was rescued, the Danish navy said, with the tanker suffering little damage. Lt Bruno Hansen of the maritime rescue service operations centre said the 8,*****n tanker Fujoah
        121 words
      • 48 13 AMERICAN President Lines has appointed Ms Meredith McManus as director of finance and administration for the company's operations in Asia. Her duties and responsibilities will encompass accounting, treasury, informations systems, purchasing, personnel, documentation and administration. She will be based at APL's Asia hadquarters in Hongkong.
        48 words
    • 775 13 SMpfteg Uae Pat* CM SWppUg Uk Pa«c CM Acttpetago Shpg vm i Fargo Shpg IX 5 AfM vm i Fesoo vn 4/S 4 Alfred CT VI 1 Fortran X Alltrans vn Franco-Belg m 4/S Alpac VI 9 Frata NVOC VI I Anhsing X 4 Freight links V
      775 words
    • 334 14 THERE was a 7.2 per cent increase in the number of ships which the Japanese classification society. Nippon Kaiji Kyokai, enlisted in 1981. There is a total of 5,341 NKK-classed ships, of 61.3 million tons gross, a marked increase on the previous two years.
      334 words
    • 210 14 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
      210 words
    • 188 14 THE US Federal Maritime Commission has begun an investigation to determine whether a "talking agreement" between three marine terminal groups should be approved, particularly with respect to discussions on rates and charges. The agreement was conditionally approved by the FMC on April 16, 1981.
      188 words
    • 732 14 vnroopca lfv Avondale dwt 1,937 on 14-foot draft Panama flag built 1957 2 Ho/Ha 6 by 5 tons Derricks 92,000 bale vessel is open prompt in Singapore seeking cargo any direction. (Vessel is also for sale). For charter semi-sub-mersible newbuikhng Josefa Torres dock-type ship launched end-June/ delivery ex-yard
      732 words
    • 1754 14 MODERATE chartering of vessels on Wednesday for coal cargoes featured an otherwise dull freight market with the bulk of the business being for Continental destinations. A 60,000 too coal cargo from Newport News to Le Havre received US$4.3O while 14-40 was paid from Baltimore to France. A vessel
      1,754 words
    • 158 15 PlXns for a new £85 million container terminal for the*-port of Rotterdam may betttcelkd. The Dutch stevedoring company SHV is having second thoughts about the ternnnal which was to be developed in an equal partnerritip with Pakhoed. H seems clear that if the project
      158 words
    • 726 15 THE PHILIPPINES' Maritime Industry Authority (Marina) has formulated the new inter-island tariff schedule that will replace the 1928 tariff scheme now in use. The proposed tariff schedule has been submitted to the Marina board and may be in force starting next month. The new
      726 words
    • 5219 20 SCHEDPLE 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
      5,219 words
    • 630 21 'CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Date/Time Operator^ GodownsFCL for LCL Movement Cargo Schedule Location AlWattyah P Pierce Maersk Mango Anson Med Eagle ThanaBhum Oriental Chief J oh ore B Ever Pioneer Green Fortune N Agate Asia Star Jenhol Hayakawa Mara
      630 words
    • 1678 21 The leading shipping lines operating from local ports and their agents. A B Sf| a *l*P** Shpg Corporate (S) Euro-Asia Um (PN/KL/PK) Atrialfc OnMw Continental Pwdwi (S)'Cargo Freight (PK) IFU 9taaapore SMbbtec Oct—Hoi (S)/Ear»-AatoLtet(n/PN) Afcn-Earasla Ltes Tranagronp Pte Ltd (S). Al Wwip<M Frata Shpg (S). AMd
      1,678 words
    • 397 22 THE Wah-Chang International Group will stage an offshore exhibition and conference in China at Guangzhou's Foreign Trade Centre, from Nov 17 to 22 next year, following the success of its Offshore China '81 Exhibition and Conference last November. Organised by Wah-Chang International Marine Industry Company
      397 words
    • 108 22 Reuter A JUDGE has refused to dismiss a US$l.9 billion suit against Standard Oil Co of Indiana stemming from the 1978 Amoco Cadiz oil tanker accident off the French coast. The company had asked US District Court Judge Frank Mcgarr to dismiss the case after the plan
      Reuter  -  108 words
    • 536 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Benjamas 35/6 Leo Shpg alongside 6.8.82/1300 Centaur 1/2 SSPL alongside 6.8.82/2300 Cherry Laju 28/9 Llan Soon alongside 6.8.82/2300 Jenson 22 Thong Soon alongside 6.8.82/0700 Lampung 33/4 Bakke alongside 6.8.82/0200 Nata 6/7 Everett alongside 6.8.32/1800 Reefer City 13/4
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  • Page 13 Advertisements
    • 284 13 HELICOPTER MARINE SERVICES 24 hour service by twin-engiped helicopters to vessels at sea in Malacca Straits and Sooth China Sea. TEL *****11 HEU SERVICES (PTE.) LTD. Helicopters also available for casual charter, aerial photography etc. Orient OVERSEAS C<mlcjMeA LINE b EUROPE (VIA SUEZ) H Hoof 10/8 15/8 20/8 26/8 1/9
      284 words
    • 274 13 :hsealordos UASC UNITED ARAB SHIPPING CO SAGEXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE Dub* (16/8). Doha (18/8) Bahram (18/8). Damnum <20/8). Kuwait (21/8). Abu Dhabi (29/8) Mmu Qaboos (31/8). Dub* (16/8). Damnum (18/8). Kuwait (20/8), Doha (22/8). Bahrain (23/8). Abu Dhabi (29/8). Mina Oaboos (31/8). Uina Qaboos (4/9). Dubai (5/9), Dammam
      274 words
    • 19 13 KMD3 LONDON Freights ORIENT Exchange CONSORTIA SHIPPING Schedule CONTAINER Schedules WHO Acts fer Whom SHIPS In Pert REGIONAL Weather
      19 words
    • 819 13 r.m The Straits c m P a ies Times Activities. T%r« Key Personnel, DIRECTORY Agencies Of Singapore (Buku Merah) MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U-8. PACIFIC. OULF, ATLANTIC. EAST CANADA, ASIAN PORTS *SWGAPOW{ aoswc TWES CY Bth Aupist 2300 MRS, CFS: Bth August 1100 HRS 10/9 11/9 13/9
      819 words

  • Page 14 Advertisements
    • 490 14 FAR EAST/EUROPE CONTAINER SERVICE 1) Btrcttao. Gwo«. 2) Aartalao. Aatawf, LHwrt, tak, UK, 3) Braotn, BraMriwtß, Asfhes, CoptnlMfMi. Iltowlu 4) StodriNli, Oslo 'AccopMit Etropt carp tar Mr rm S'port. *Mm Arect carp (or Sport i Boafluk. Ph coatoct PERBBSC P. KtM| tor Mi irmymit 1) MtMo. StsckMn. o*. HM 2)
      490 words
    • 210 14 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South WMt Pacific North Wost Atlantic/Canada LA/LB OM 2/1 4/1 7/1 13/9 IS/9 21/1 22/1 MIDDLE EAST CONVENTIONAL SERVICES Line: ltd. CONTAINER SERVICE TO/FROM JAPAN TAIWAN stoma. V H M IM 7/1 14/1 M/S 22/1 M/S AGENTS: SUNSHIP AGENCIES PTE LTD Mo.r Oltlc• 22'2422
      210 words

  • Page 15 Advertisements
    • 649 15 The Straits Steamship Group oci Overseas Containers Limited ONTAINERSHtP SERVICE TO UK CONTINENT Yrrt, ■"IT. U KOMOON MY CONTAINERSHIP SERVICE FROM UK CONTINENT JJ*a* il Pat CMaan to CtoWdMtk. «oa im'B/i t SNPPMG PTE LTD SMGAPORE MMOnELD CONTMQ K. LUMPUR; COHTMEK MOKES P.MUMG: CONTWO MBKO PENWC: ■OBTUO SMPfW < i
      649 words
    • 704 15 NOTICES i ATLANTIC AND GULF-SINGAPORE, MALAYA AND THAILAND CONFERENCE wishes to advise consignees of imports from U.S. Atlantic Gulf ports that with effect from vessels arriving on or after 15th August 1982 the container demurrage charges at Port Kelang for temperature controlled cargo in full container loads (FCL) will be
      704 words

  • Page 16 Advertisements
    • 516 16 Hapag-Lkyyd In f "M T H Oly efEdMvgh r«to Eipress EXPORTS I 7/9 9/9 11/9 12/9 14/9 1/10 3/10 5/10 -6/10 8/10 7/10 9/10 11/10 12/10 14/10 Abo accepting trawtgwoef cargo tor CASMK AN/WEST MOCS m Hamburg" TW HK 5/8 7/8 16/8 18/8 79/8 31/8 14/8 5/9 «/Q Brew Eqttu
      516 words
    • 468 16 am* itiietmt c—fi*u r/«* coMomoML soma mm store r pons busm K6A WSH/178 h Port 78A* 9-11 <Uf 20 Auf 179W/18K 7/9 Aug Ist Cjl 1718 h* I*2o A* 31s) A«c 21'22Auf?nd Ctt tactan S Sept RUT CONT AMUSED TO/ROM MOTH MENU MST/UST COASTS Si Mb nbtetoNMl M* SPOT* LBMk
      468 words
    • 283 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINS SERVICE < EUROPE/FAR EAST CONTAINER SERVICE "a, w as m» ou «b «s "N n/i a/i 21/1 x/i «/t vi vi 1/1 *W KOTTMC CMGO fat MOHGHNE FAR EAST/ MEDITERRANEAN SEA CONTAINER SERVICE learns Fa t ta cmgo for: D LU LIS FOS KM HC
      283 words
    • 1049 16 Everett Lines LOAMNG FOR RANGOON —MR HCIMEMC Ml PMm HTOKTW kn/?N Mia fai 1—66 ITI~ 7/8 A* «UM 12/1) km 14/14 *X B F SS C Agents r> Moioyvo BOOSTEAD SH*>WNG TfL NOS KL *****4/*****7-PKELANG *****1/8 PENANG *****1/8 C«mpMM Ar|WtM) 0# lOTerCaMllloMal <MWk== "ARGENTINE NATIONAL LINE" LOADMG FOR DURBAN MONTEVDEO
      1,049 words
    • 344 16 SI NOSE MARITIME PTE LTD 13! SANKYO LINI JAPAN/STRAITS SERVICE BUNGA MERAH SUNUTE OMTOMMU OSA MENOR HMUMSMMMU OCEAN SPLEMMR OCEAN TREASURE ALKBA PA2 ESTKELLA HAY SKY MYAQMAtU TASHOMARU m SHOS MAMTME PTE lID TU *****44/7 A *****70 EAST ASM SMPPMC SON MD TU 4(4(44/4(4751 EAST ISM SNPfME SON MS TU
      344 words

  • Page 17 Advertisements
    • 835 17 i VMKL PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH. JEDDAH AQABA lE* 19-20/12 HOT A DEW A 7/10 S«p4 V.E-306 ROTA FAJAM lnPt/a Aug VJ.-M KOTA WANOI 13/15 Aug VS-399 EAST AFRICA/REDS€A SERVICE w*«» COLOMBO/KARACHI/P. GULF SERVICE jP| Singapore g| I KOTA MOLEK V.E-252 8/10 Aug Kmchi, Ovbti, Dtiwiwm,
      835 words
    • 664 17 i BENLINE CONTAINERS EWESS CONTMO SOWCE TO/RUN EWOPC IfMC I"HRWI KMM mm SOTON r 7Z 6«M/ AastraAahnrp FrwMU .52 .J# 8/1 jw a/i v; iv; v; art) i/» (v») if 2 2£ w IV» 1M 1V» ?/f *52 w» »/i a/i 22/1 ivi VI V* 2VI 27/1 2VI N/1 23/1
      664 words
    • 569 17 s i'l i i 1 t tf Ill's *5 M Scan Dutch 9 WEEKLY EXPRESS CONTAINER omOHCACAM SERVICE fWAfcA A PATHOS SM kM S SIM SM ARSON SM OAMM KPWALLA l/l 11/ l A HUGKSS lO'l ANSON >2/1 I PWACA F AO 17/1 70 I «BM 11/ l OMtM KLATI
      569 words
    • 472 17 z CORABANK CLYDEBANK BOUSTEAD SHIPPING AGENCIES BANK LINE independent service to uk/cont SPORE R'DAM HULL HMBG 1 Oct 27 Oct 30 Oct 03 Nov 23 Nov 19 Dec 22 Dec 25 Dec Linos U.S. GULF DRECT SERVICE VELMA LYKES JOHN LYKES LOUSE LYKES (•New Orleans, Mobile, Houston, Galveston) U.S. NEST
      472 words

  • Page 18 Advertisements
    • 1329 18 1 J! K LINE KAWASAKI RISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE JLMttVS 7 NEW TOM MMU ¥65 23 Aw Seat 17 Sot ASMSTARVI 13% *Sept 24 S«pt 2J Sept memeraldvis 23% #kurokmmuvm 13sm 9<*t ilu u <*, *11 27% -t I*tRSETMARUV 6220 Oct l*St 16 to ~-:*3S£ a W mma
      1,329 words
    • 397 18 15% I*/H% 11% 3%t St* FiWtr* 71 %t 22/23 %t tOcI I Oct 14 Oct Fraa/Dra. 21 Od 22/23 Oct 7Mm Mm ISDw hrnrnmrn. 21 MR 22/23 Rm (DK lOK 14 DK hm/%m NEW ZEALAND SUVICE U*%kr I*, *g»o^%LlkiafcMjmft- hm "VOW* TASK" U WQKMT I 14% 12/13 Trtp/*to/Mta ~VBMM MNMUr
      397 words
    • 467 18 KORINS MARITIME SERVICES PTt ITD MIDDLE [AST/RED SEA/EUROPE SERVICES NESTBON. MOTION. HAEWOO MO. 3. S pan Lu#m Far Ilk* D*ii/Diwi—/B*riii 18 A* Bandar Ahfcas/ Bandar I ■1« Ami Hadaidah/Mdak Sapt Part Saii/Mnandria i j \Hyundae Shipping Co. lid. A VESSEL HAH Kl Spare P. KaianfLudb* tar th* Kirwart/Damman 10 Ami
      467 words
    • 459 18 INTRASEA (PTE) LTD L I BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER SERVICE TO EUROPE UK AMa acctpM* CaotaMars M MW/I*a|/LatMM/Tarta«/IINuBM«/»a*Md I HALPAC LINE K»ks S POT P UX ALPAC AFRICA V.ISC 14 Am 17 Mauritius/Reunion/Durban Vessel Loadmg at Kota Kmabatii East London «a*t S«|apart MTRASEA (PTE) LTD BOOKMC *****11 K.
      459 words

  • Page 19 Advertisements
    • 846 19 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/trom Scandinavia 0 CHIEF S pore Closing Times: FCI Cargo LCI Cargo FROM EUROPE (VIA SUEZ) 0300 7/8 1500 6/8 TO AND FROM AUSTRALIA. JAKARTA...SMGAPORE PENAN6 P. KELANG. BMSBANE.. SYDNEY—MELBOURNE 25/8 AOELAOE 28/8 FREMANTLE 1/9 Also accepting cargo
      846 words
    • 531 19 MALDIVE LINES ETA n* ETA SPOK KUANTMI WIT KELANG MAUNVE GRACE loading For Jeddaft MAUNVE NAVIGATOR Loading For Dubai MAUNVE NOVEL Loading For Jeddah/ Pt Sudan MAUNVE PIONEER Loading For MUSCAT/DUBAI/ OAMMAM/KUWAIT MAUNVE SEA Loading For KARACWDU6AJ MAUNVE PROGRESS Loading For Kuwait OCEAN GLORY Loading For Chittagong MAUNVE NATION Loading
      531 words
    • 951 19 SINGAPORE SOVIET SHFPING CO PRIVATE LTD SJNSOV BUUNNG 55. ftbitet Street Smfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SVCSOV SMGAPORE Telex Numbers RS ***** RS ***** RS ***** F. KELANG M/S SHARKAT «MH SOON SON. BHD IST ANO 2ND FLOOR HM THONG SMPPMG 23 Wrtd Quay Penang NO
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    • 98 19 SOON KIAT SHIPPING PTE LTD 1905 I 1906 19th ftr Shenton House 3 Shenton *jy S pofe 0106 TMphom *****88 (5 l«es) t *****35 Tete. R*****9 SUSMP KGULM SERVICES TO EAST MALAYSIA (Quipped with *20 tons "T5 torn ***40 tons derrick Fre KyjlLTjß/tf^Sl 7tk PI Mr, MNB Bull ding, lUUmm
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  • Page 20 Advertisements
    • 769 20 SSC Group SINGAPORE SHIPPING CORPORATION PTE. LTD OTm KOO« OCEAN BvJIIOING SINGAPORE 0104 VAW-friNC, S"!?2H GENERAL *****t 22UNE" KE» RS .4S9S RS 2SS6B A r) r ARSMIP C ABLE CARGOSh Itcijional Container Lines 2 SAILINGS A WEEK to/from BANGKOK BERTHING EVERY NOON TUESDAYS, SATURDAY '/Stol 10/11 14/15 lt/17 17/11 21/2?%
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  • Page 21 Advertisements
    • 198 21 „e_ EGYPTIAN IMTF RN ATIHK- Al I 'KI F (II INTERNATIONAL UNE (Ell I EGYPTIAN FLAG 'hII (PONT SUEZ —PORT %rm I WT 21 611/5167 BSNVOT27 h* 11 I WW 113 t|U ■8 VOT It] UH n TO EGYPT ALEXANDRIA) w«P r SAC M£U DMECTI a*n S*2 Wpt 1 Sap
      198 words
    • 265 21 CABOO SPACE AVALABLE ON UNBI VESSELS I OHD—Q FOB S^S2 A 2i-2^? l,^2uP Mrroa CALCUTTA, BOMBAY, KARACHI MUSCAT, ADEN, HOOEIDAH, PORT SUDAN, JEDOAH, ikf££ MDmA PT. LOUIS, LOBITO. A U? U S BA,< °OUALA, NOUAKCHOTT, DAKAR, P SALAM, MOMBASA, PHNOMPENH, M.M.CITY, JAKARTA. HKG. KJC.. KUCHBKS S MUARA. INDOGI'LF FREIGHT SERVICES
      265 words
    • 83 21 FARGO SHPPM COMFAMY (PTE.) LTD. FULLY CONTAINERISED CARRIER SVC HONGKONG ISLANDS LINE (AUSTRALIA SVC) SP MOTHER Wl 11/1 Yuen Chat 21/1 Peart Wand SYD Id MX BM •25 11/9 19/9 26/9 24/9 124 24/9 3/10 10/10 3/10 TEL: *****77 A *****U TELEX RS ***** EUROFRA 20* FLOOR OCEAN BUILDING LIAN
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  • Page 22 Advertisements
    • 443 22 ETA ETD MMMHV: 7/R2 39/7 1/1 mmmt. tm lt/i 20/1 mmmt. 9/c 7/9 9/9 •hatati t. 11/ c •HATATI ft 12/12 •mwi 1:13/12 reguar krmce from Bangkok 10 imlatsm. smgapore BANGKOK CTA ETD UaAg tn mRV: 1/12 MB*; 7/12 6/8 10/1 Skaa, Inn. P. KELANG Loading tor ETA ETD kk.sk/in
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    • 312 22 MAGNA MARINE LINES -"if if.'. Jll I'' IS-a CTOWN DURBAN STORE LOADMG FOR BESSANG PASS VOY M-14E 27/1 30/1 30/9 HK/KAOSHRJNG MAGNA SHIPPING PTE LTD 1 Ith Floor, MNB Building SINGAPORE 0106 TEL *****66/ *****00/ *****37 TELEX: R*****8 "MAUNE" II FOR TUNA CORSOUMTKM SERVICES PTE. LTD. (M COOP WITH THE
      312 words
    • 289 22 Il THAI MARITIME NAVIGATION CO.. LTD (THAI NATIONAL SHIPPING LINE) REOUR NON-CONFERENCE MONTHLY EXPRESS SEM-CONTARO SERVICE TO/ FROM NORTH CONTMEMT SNEAK* PUT KELANG DtSTfUIIOH 1 *U| MtTNOtF HMOURC IMS 24 Auf 27 Auf Q» Rainbow Ocum I .im TO: MEDITERRANEAN SEA 5..1. Spore P. Roto* Ludbwfor »A* 23 Ami pST&M/Rlum**/
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  • Page 22 Miscellaneous
    • 161 22 M Wk A ■■z m Vi t 31 T m m A 8 V M is S5 if-l-C SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temoeratiire V > Shower Rain Cloudy Sky Sarfnne win is ai Temperature Weather °c y<\ l Wind« direction with
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  • Page 23 Advertisements
    • 145 23 1 V A v H X, v v N V v K V> N V A V v? t *> V r V -y Byi IKK W<x t-a. v- ■> ivr f "H- ■>- 01 '•.V'/' iJ .r'fcl >- -v*- kW -;f-,.x-7.v.:'t-v%j*Bkr s s s s s /4« 9- X
      145 words
  • THE CHALELENGE AHEAD
    • 544 23  -  Peter Barnard THE AVERAGE 17-year-old is stage of his development; close to his wirirnimi to acquire the solid look healthy appetite and Mentally, he is a change and hand, under the thing new every day He needs care mollycoddling; and preferably selMiscipMHRgi3S^9H| He is beginning of
      544 words
    • 1051 24  -  JOHN LIM takes a look at the various schemes and skills training, retraining and upgrading programmes to meet the manpower needs in the Republic's strive towards higher technology. JOHN LIM "THE KEY (actor determining the success of our economic restructuring policy is
      1,051 words
    • 1369 24  -  By RICHARD SEAH SELLING a concept can be difficult, especially when it is vague, complicated and often unpopular. Selling it to an entire nation may well be nearly impossible. The National Productivity Board can therefore be likened to a super sales force, entrusted with
      1,369 words
    • 1234 25  -  By ZHOU MEI IN SINGAPORE'S determined pursuit of industrial development, the need (or expertise can hardly be neglected. This Is especially vital at this stage of Singapore's development as it embarks on elevating Singapore's industries to higher technology. Thus, ss the then Minister (or Trade
      1,234 words
    • 1374 28  -  By WANG LOOK KEAH SINGAPORE has successfully developed its sea port into the second busiest in the world. This has inspired the Government to try to reach out for the same measure of success in the airfreight industry which is several hundred years
      1,374 words
    • 1717 28  -  Singapore is now the world's second busiest port. Its past growth has been unprecedented but the future holds tough challenges as world trade hits rough water and competition increases. Organisation will be the key to success. GOH ENQ KEE explains the work
      1,717 words
    • 1346 29  -  By KOH TSE YING ECONOMIES the world <&er are battling against recession and it goes withotft saying that only the fittest will survive. Over the past year, manufacturers and traders worldwide have encountered a marked slowdown in the demand for their
      1,346 words
    • 1331 29  -  By LEE HAN SHIH SINGAPORE'S provision stores and coffee shops have long been considered by many people as the epitome of that dying breed of small, family-owned businesses, which are so deeply entrenched in the past that it is impossible for them to adjust
      1,331 words
    • 2045 30  -  By BERNADETTE CHOOI AN INFORMATION exptoin, made poaMt by the Introduction of modern technology, to well under way ta major financial centres around the world. Whether controlled or ■01, It to revolartoatotng whnless to and retail baaking, International cash in aasf mint, foreign exchange dealing, funds transfer
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  • Page 24 Advertisements
    • 234 24 :>< V ppu > '1 "J,".' s*" i:'.' BHP U I sssximmns n 11 Chartercard Asia Commercial Bank Banque Nationale de Paris Chartered Bank Far Eastern Bank y T- The Hong Kong and Shanghai Banking Corporation IWifiH ics: INDUSTPIAI COMMFRC.tA! BANK C C D*U» D 0042 7 <*?/•! Industrial and
      234 words

  • Page 25 Advertisements
    • 337 25 ->l >■-■ /*;•*>*%.*! > t'„ •>', i ••'I ■a HH Large Halogen headlights, Keifhi adjustable from mside the car. Modem style dashboard wtth dear instrumentation Deep, onhopaedtcaUy designed seats, leather upholstered, foe hours of fatigue free comfortable driving Large boot space, easily accomodates up to 0.52 at t (IB.4cuft) of
      337 words


  • Page 27 Advertisements
    • 238 27 M K"* 'IK- V e *S\ Hk-fy v«. ft* I 4 < < I 'J i t ixty v V Ly» 4 if 1 ♦•'7W if- ✓v. *•> IMM m <*>.: t S*V<iOI —r" v> i. WrtT* > f 1 *1 4 »1 A mm m ■4 V ient with
      238 words

  • Page 28 Advertisements
    • 82 28 Warehouse containerised cargo at SINGAPORE WAREHOUSE iraiini where t W*WkM ha***" II L^Jt\ N 'i i i m r*" a New Generation Features j 14 storeys, 100,000 sq. metres i 2 container hoists, 14 high speed lifts Containers unstuffed on your flo» Central location (River Valley Road, outside CBD) i
      82 words
    • 47 28 Heartiest Congratulations and Best Wishes to THE PEOPLE AND GOVERNMENT OF SIN6APORE on the occasion of the 17th National Day from STONE AGE STONEAGE COMPANY PTE. LTD. (International Freight Forwarder) Paair Pan Jang Warehousing Complex. Godown No. 402, Module 30, Singapore 0511 Tel: *****33 (5 Lines) *****33,*****33,*****33
      47 words

  • Page 29 Advertisements
    • 151 29 Daihatsu Thicks The Contractor* Choice i i r I i m, I I i if*' r- i L-, >■ i ■w- TIPPER 1 {Short Wheelbase) M Jtt '•1 2*^ E **•> *> •.-XT •:o t+*. < TOP IXIVI Yes, Daihatsu light trucks. Satisfied customers are what And never more than
      151 words

  • Page 30 Advertisements
    • 64 30 CONGRATULATIONS to the People Government of the Republic of Singapore on the occasion of the 17th National Day •-r <•# •>- m r" •>* v V"* v "r. s, .V: lS&s9£i Pi W-* MW: ■c 2f ♦N <rMERIDIEN SHOPPING CENTRE ORCHARD HCKD NIKKD SHOPPING CENTRE OUTRAM RCKD/GANGES /RTNUE > HAAAPAN
      64 words