The Business Times, 14 October 1982

Microfilm: NL13600
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 93/1/82 THURSDAY, OCTOBER 14,1182 60 CENTS
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  • Article, Illustration
    Lock icon Holdridge to be US ambassador to Indonesia
    376 1 Reuter PRESIDENT Reagan, acting to remove snags in USIndonesian relations, has named veteran diplomat John Holdridge ambassador to that country and pledged that US defence ties with Japan and China will not Jeopardise Southeast Asia. Mr Reagan announced in an exchange of toasts
    Reuter  -  376 words
  • Article
    Lock icon Appeal begins against Amos Dawe's acquittal
    121 1 Reuter HEARINGS began in Hongkong yesterday on an appeal against the acquittal of international financier Amos Da we who was alleged to have defrauded shareholders in one of his companies of nearly HK$9B mfflion. Prosecution counsel told the Court of Appeal that Mr Dawe's
    Reuter  -  121 words
  • Article
    Ship-repair yards cut prices by 25pc
    479 1  -  By JUNE LIM SHIP-REPAIR yards have cut their prices by about S per cent over the last six months in their bid to get more business in the current depressed market. The Increasing number of tankers left idle or scrapped as a result of
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  • Article
    Hume (S) gets $20m overseas contracts
    482 1  -  By RICHARD SEAH HUME Industries (Singapore) recently bagged two major overseas contracts worth nearly |X) minion. Local orders worth more than $13 mfflfcw have also been secured by the company between December ISO. and last June. The larger of the two overseas contracts, worth
    482 words
  • Article
    Falling trend of Swiss francs may not continue
    544 1 THE increasing popularity of Swiss franc (Sfr) denominated loans among companies and government agencies in South-east Asia has prompted a Swiss banker to warn these borrowers of the possibility of exchange loans. Over the past few months, there haa been strong demand
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  • BRIEFLY...
    • Article
      Lock icon German economy
      82 1 Reuter CHANCELLOR Helmut Kohl said the West German economy will contract for the second year running in 1982. The federal budget deficit will reach a record 40 billion marks and unemployment could hit almost 2.5 million this winter. Unemployment now totals about 1.8 million. However, in his first
      Reuter  -  82 words
    • Article
      Lock icon Peace treaty
      80 1 Reuter ISRAELI Deputy Prime Minister David Levy said in an interview published yesterday that an insistence by Israel on a peace treaty with Lebanon could harm prospects (or a withdrawal of all foreign forces from Lebanon. Mr Levy said that Israel should continue to strive for peace with
      Reuter  -  80 words
    • Article
      Lock icon US oil lease sale
      74 1 UPI THE US government put 0.74 million hectares of prime Alaskan oil field up for bid yesterday in what officials say could be the largest oil lease sale in US history. The 338 tracts in the Diapir field beneath the Beaufort Sea off Alaska's northern slope
      UPI  -  74 words
    • Article
      Lock icon Avoiding in-fighting
      64 1 UPI PRIME Minister Zenko Suzuki said yesterday that his decision to resign was an attempt to avoid in-fighting in his ruling Liberal Democratic Party. He said be has no successor in mind. In a 30-minute nationally-tele-vised news conference at his official residence, Mr Suzuki said, "I hope a
      UPI  -  64 words
    • Article
      Lock icon LOS treaty favoured
      66 1 Reuter THE European Commission has recommended that the European Economic Community and its ten member states sign the Law of the Sea convention. The Commission in particular welcomed clauses on fishing rights and the recognition of a 200 mile economic zone. But it said provisions on exploration
      Reuter  -  66 words
    • Article
      Margin buying
      76 1 OUTSTANDING margin buying positions on the Tokyo, Osaka and Nagoya stock exchanges rose a record 114.9 billion yen (***** million) last week to 1,458.7 billion yen at the end of the week, the Tokyo Stock Exchange said. The sharp rise, which compares with the previous record 109.4 billion
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    • Article
      Lock icon Thai deficit
      71 1 Reuter THAILAND'S trade deficit in the first nine months of this year narrowed by 57.1 per cent to U*****.2 million from the same 1981 period, the Business Economics Department said. Chief of the department, Mr Prayoon Thalerngsri, said that Thailand's exports in the period were U555.65 billion, an
      Reuter  -  71 words
  • Article
    Midland chief supports easing of control
    202 1 ns MOVE by the Monetary As thill j af llaffru towards mn —tf rraletita by baaks Is sae which sheiMbe token as a flnaathe UK*mTLhN? WM«h have started with relatively aad are aaw aiovlag towards mn regale tlea. TMs Is (he view ef Mr
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  • Article
    Commonwealth group calls for phased trade liberalisation
    466 1 AN 11-MEMBER Commonwealth experts group recommends a step-by-step approach towards trade liberalisation to restore trade to its role of "engine of growth". The group notes that unless special efforts are made, external trade is now not in a position to play its customary
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      240 1 Bulova Bwnn* Switzerland *****098 _\%<(\<.)]]'$*+@/{<*::+-'::/{<\ rasa LLOYDS Rank will be extending its wellestablished leasing operations to Singapore and the region Page l GOLD expected to reach at leat US$6OO next year Page l FOUR of the biggest US banks slashed their prime lending rate a full percentage point to 12
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      Page 1 Advertisements Column 2
      37 1 7JE YA T A am. i mmmm w j i j ™Z3EICS I 11 -i«1 Soto Agent: Odd Time (S) Pte Ltd 312 ParMana Shopping Mall, Sefegw Road, Singapore 0718. Tel: *****61/2 ili i iii gili 11
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      6 1 See page 4 See page S
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      84 1 the one and only Dr. Sony any day of the year *****1 The Sony Semce Centrr The American Express Card The standard by which all others are judged To apply for the Card call American Express: 235 8133 r 1 i V V > V m M *\V T U
      84 words
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  • BANKING AND FINANCE
    • Article
      Lock icon US savings and loan bodies lose US$3.3bn
      147 2 Reuter THE American Federal Home Loan Bank Board ■said government insured -savings and loan associations suffered a US$3.3 billion loss during the first half of 1982. This compared with losses of |3.1 billion in the prior six months. On an annualised basis, the
      Reuter  -  147 words
    • Article
      Lock icon Management buy-out
      89 2 Reuter MERCANTILE House Holdings PLC said it will sell Charles Fulton Brokers Ltd, <the London money broking firm, to a newly formed holding company in which the Charles Fulton management has an 80 per cent interest. Under the management buy-out. Mercantile House will receive £1.2 million for the
      Reuter  -  89 words
    • Article
      Lloyds extends leasing operations to S-E Asia
      457 2  -  By BERNADETTE CHOOI LLOYDS Bank, one of Big Four UK hatniring groups, will be extending its well-established leasing operations to Singapore and the region. In Singapore, its leasing expertise will be made available through the newly set up merchant bank called Lloyds International
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    • Article
      Lock icon Ecuador revalues gold reserves
      370 2 Reuter ECUADOR President Osvaldo Hurtado has decreed the revaluation of the country's gold reserves to US$3OO per troy ounce from $42 as part of an economic package to promote production, the Monetary Board said. Ecuador's gold reserves, totalling 414,285 troy ounces, constitute 5.6 per cent of
      Reuter  -  370 words
    • Article
      Lock icon UK dealer says gold will hit US$600 next year
      138 2 AFP GOLD has a "very firm" fatare and Us price will rise rtwrpty aext year Is at least UBHM a troy sum, Luiis hasti eemmadlty saM la Hi latest review. Iks pries Is teadtag apwards, having keen fixed la Lsadsa sa
      AFP  -  138 words
    • Article
      Lock icon Bank of Japan will support interest rate liberalisation
      363 2 Reuter THE Bank of Japan will continue to strive to remove impediments to the proper functioning of Japanese financial markets so that interest rates can be determined more freely without distortion, Bank of Japan governor Haruo Maekawa said In a speech at
      Reuter  -  363 words
    • Article
      Lock icon Japan may issue additional bonds
      266 2 Reuter THE Japanese finance ministry plans to issue a further 3,900 billion yen of bonds in fiscal 1992, ending in March, in addition to the originally scheduled 10,440 billion yen worth, ministry officials said. The ministry is negotiating with a syndicate of 33 Japaneae banks
      Reuter  -  266 words
    • Article
      Borrowing on target
      81 2 THE UK central government bonowed £298 million in September, taking cumulative total in the first six months of the current financial year to £5.63 billion. A Treasury spokesman said the figures show government borrowing Is broadly on target. In March, the Treasury forecast a full year ISB2/83
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    • MONEY AND EXCHANGES
      • Article
        Tokyo
        212 2 THE US dollar (or overnight delivery In Tokyo yesterday closed steady at 2KJO yen against an opening 265.00 but below the 266.75 day's high. This was above New York's 264.90/26». 10 clow, the US West Coast close of 264.80/265.20, and well ahead of the 264.25 finish in Tokyo OB
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      • Article
        Singapore market
        431 2 THE US dollar cloeed slightly firmer against most major currencies except the sterling after Hwg marginally throughout a day of light trading. Against the local currency, the US dollar opened slightly higher than the overnight closing rate at $2.1820/30. Oh moat* tllH/UM Two noatto LI74S/ITNB Three Mite LIM/2.17»
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      • Article
        GOLD
        268 2 GOLD FUTURES in Singapore yesterday closed generally easier in light trading reflecting weaker overseas gold prices, dealers said. Total sales for the day was recorded at 125 lots while kerb volume at 308 lots. Prompt closed easier at U*****/436 an ounce compared with New York's overnight 437/438 close and
        268 words
      • Article
        Silver quotes
        37 2 TM Maa New York 9.58B 9.S2B 9.MS 9SK Zurich 9.4QB 9.496 9 50S 9.59S T*m SI no pore •JOB 9.5® 9 60S 9406 Ctaataf prtcea tn US dollar* a troy ounce. Source: Credit Suisse, S'pore
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      • Article
        PLR
        22 2 THE average rate at which major Singapore basks are currently prepared to lead to their boat customers Is 9.9 per cent.
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      • Article
        ASIAN $
        130 2 ASIAN ASIAN currency deposit interbank rates as at close on Oct 13: iM-sr 7<taya 1 month 0* 2 month* 10 1* 3 montha 10* 10 0 months ios/16 10 Vie 0 month* 10* 10* 12 month* 10* 10* Dm twi*. 1 month S month* A months 12 month* 1 month
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      • Article
        Discount
        40 2 a d by dUcount bouses oa Oct 11: Ovcnigkt: J v. Call dcporitt: SM -1W Ommmt 1 3-month Treasury blU> I* 3-month Bank bills 7% 3 months CD 7 months CD 7% 7H IK 7* Source: National Discount Co
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      • Article
        Treasury bills
        42 2 THE Monetary Authority of Singapore hat invited hank» and discount houses to tender for a total of 5150 million 91-day Treasury bills to be famed from Oct 18 to Oct 22. Each tender must not be for iem than $250,000.
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      • Article
        Hongkong
        53 2 THE US dollar in Hongkong yesterday fell slightly from early levels against the major currencies in fairly active but featureless late trading, dealers said. Banknote rata fMterday: us-•.«/** UK-U.JO/UJI Bn*ei-I»rUR W Germany uraoo MIMI S.W/1198 Seaport UI/UI Burma IJO/U0 India SJO/SJO Til lit Japan US/14® Korea «.«/t-TJ Thailand XT
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      • Article
        London
        38 2 Opening quotes yesterday US LTISt/* Can IMS/M 0 Cnv-MSI/tl D Mk un t* DFI-4.08*/» s FT j.«ski/0007 BFraa-OJS/a r Fr —11.1*0/5» Lit JMO.TS/*** Tea ®UI/«MI DKr —15.1 MM* N Kr n.«n/m SKr-OS«M* Aaak-UVH Port 151.00/30 Spain IM.OB/#
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      501 2 m •> > cV u S J BUSINESS CLASS Business never looked better. executive desks in three models Presenting the Serie Big office suite with matching chairs that tilt and from Mariani of Italy. swivel to your comfort. In distinctive saddle leather... Serie Big. Exclusive to Frans. The label'on every
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  • TRADE AND INDUSTRY
    • Article
      Solar Generators churns out first battery of cells
      462 3 SOLAR Generators, the first solar cell manufacturer in Singapore, started production last month with an output of 10,000 cells worth US$lOO,OOO. Although it started two months behind schedule due to a delay in obtaining the export licence from the US authorities, the
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    • Article, Illustration
      TRADE TALK
      238 3 HE arrived somewhat early, this new citizen of the earth. So, now he must spend the very first days of his life in an incubator. He is fast asleep here behind glass, in cosy warmth and is quite unaware that he is being examined in a very special
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    • Article
      SIA buys Amdahl computer for Changi centre
      332 3 SINGAPORE Airlines is buying an Amdahl computer for its new Changi computer centre which is expected to be ready in early 1984. The Amdahl 5850 mainframe computer, manufactured by Amdahl Corporation of Sunnyvale, California, is believed to cost about $6 million. This will
      332 words
    • Article
      Canadian business interests to get consolidated efforts
      565 3  -  By KOH TSE YING THE CANADIAN High Commission in Singapore will work closely with the Business Group (CBG) to promote their commercial interests in Singapore and the AsiaPacific region. Speaking at a CBG meeting yesterday, the new Canadian High Commissioner, Mr George Seymour,
      565 words
    • Article
      Advice on how to face economic uncertainties
      372 3 ONE OF the ways to cope with the economic uncertainties facing Singapore is to "hope for the best but be prepared for the worst". This advice came from Mr Lim Cfcee Onn, Minister without Portfolio and Secretary-General of NTUC. Speaking at the start
      372 words
    • Article
      Tour to study training of building workers
      240 3 SINGAPORE is sending a five-man it —to study the training of construction workers in four East Asian countries. The mission, scheduled to leave on Sunday, will visit various government ministries and vocational institutes in Hongkong, Taiwan, South Korea and Japan during its two
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      140 3 THE BOEING 757 IS THE MOST EFFICIENT NEW JETLINER FMNG TOD/fIC I With fuel savings of up to 47%, the Boeing 757 can keep Southeast Asian airlines a step ahead of rising fuel costs. The 757 is equipped with quiet, fuel-efficient engines. It's built with advanced, lightweight materials. And it
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      Page 3 Advertisements Column 2
      343 3 Twenty Good Reasons WhyFABERGARDEN Is Your Best Choice PHASE X FOR SALE ess i > t si r~te w■r- w >v I- 4 "V jr v» A V f -J V > v t^ V i** BK<&l* Faber Gfeirden It 000 of Singapore's mora lokict suburban housing projects. The entire
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  • OVERSEAS
    • Article
      Lock icon London committee gives support to unlimited cable TV
      358 4 AP A GOVERNMENT report has given its support to unlimited cable television in Britain, an innovation that could revolutionise British television. The three-man Committee of Inquiry into Cable Television recommended introduction of a cable system with a minimum of government regulation and
      AP  -  358 words
    • Article
      Lock icon American prime rates lowest in 25 months
      578 4 AP Reuter POUR of the biggest US banks slashed their prime lending rate a full percentage point on Tuesday to 12 s per cent, the lowest level in 25 months. The move followed earlier sharp falls in interest rates and amid growing expectations
      AP; Reuter  -  578 words
    • Article
      Lock icon September retail sales up 1pc
      208 4 Reuter SALES of retail outlets in the US rose by US$9l9 million, or one per cent, to a seasonally adjusted total of 189.48 billion in September. Last month's gain followed a revised decline of 1882 million, or one per cent, in August, the Commerce Department
      Reuter  -  208 words
    • Article
      Lock icon US has highest labour costs per hour
      172 4 UPI MANUFACTURERS in the United States have the highest labour costs per hour among the U leading industrial nations because of a strong dollar. A Citibank survey, measuring labour costs per hour at July 1982 exchange rates, found that the US has gone
      UPI  -  172 words
    • Article
      EEC will not budge on agricultural subsidies
      396 4 THE European Community ruled out negotiations on its agricultural subsidies at a world trade conference In Geneva next month, making a global food trade agree ment almost impossible. EEC representative Tran van Thlnh told a closed-door meeting preparing for the ministerial conference of
      396 words
    • Article
      Lock icon Lambsdorff tells Soviets trade ties will expand
      280 4 Reuter WEST German Economics Minister Otto Lambsdorff has told the Soviet Union that the new centre-right government in Bonn wants to expand trade with Moscow and will fulfil its commitments to the Siberian natural gas pipeline. Mr Lambsdorff gave formal assurances on this
      Reuter  -  280 words
    • Article
      Genscher wants to stay as FDP chief
      154 4 WEST German Foreign Minister Hans-Dietrich Genscher wants to stand for re-election as head of the Liberal Free Democratic Party (FDP) in spite of mounting criticism of him, an FIX* spokesman said. Mr Genscher, who recently led his party into a centre-right government coalition
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    • Article
      DAILY AIRCRAFT MOVEMENTS
      699 4 r i ARRIVALS Service Local Operator Nuber Use Proa MAS MHL5A on KUL PAA PA005 0825 JFK/SPO/HKG MAA SLA SQfl 0705 SIA 9Q101 0830 KUL MAS MHKl 0» KUL MAS MH682 0M5 KCH RBA Bid 1000 BWN MAS MHS71 1030 KUL SIA SQ301 1030 HLP CAL CB14
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    • Article
      Lock icon Improvement expected in Sri Lanka's budget deficit
      535 5 Reuter SRI LANKA'S overall budget deficit for 1982 is expected to improve slightly to between 12 and 14 per cent of gross domestic product (GDP) from 16 per cent in 1981, Finance and Planning Minister Ronnie de Mel said. He estimated GDP growth
      Reuter  -  535 words
    • Article
      Lock icon PLO and Jordan likely to form federation
      243 5 UPI THERE is a "great possibility" the Palestine Liberation Organisation (PLO) and Jordan will create a federation to fleal with the Palestinian problem. A PLO spokesmen PLO chief Yasser Arafat and Jordan's K«"g Hussein once bitter enemies, had held "positive and brotherly" talks
      UPI  -  243 words
    • WORLD IN BRIEF
      • Article
        Lock icon CHINESE ASSURANCE
        318 5 Agencies CHINA will continue to pursue an open-door policy towards the West. This assar ance wrs given by Oiinese Premier Zhaq ZSyang to visiting West German President Karl Carstens in Beijing on Tuesday. Outlining China's economic policy, Premier 23iao said his programme of industrial readjustment had resulted in
        Agencies  -  318 words
    • Article
      Lock icon Opec cancels talks in view of static market
      479 5 AP Reuter THE OIL mlnlitw of the United Arab Emirates was quoted on Tuesday mm saying that an Opec meetings scheduled for October have been cancelled "because there has been no improvement in the International oil market situation". Mana Saeed Oteiba said
      AP; Reuter  -  479 words
    • Article
      Lock icon Fierce Iran-Iraq battle
      258 5 AP ERANIAN and Iraqi forces fought fierce ground and air battles for more than 24 hours tram Monday In the central sector of their battlefront, according to war communiques issued by the two sides. Each side claimed to have repulsed new offensives by the enemy and gained
      AP  -  258 words
    • Article
      Lock icon Warsaw puts shipyard under military law
      297 5 Reuter POLAND has Impnae ri a military regime oo Gdansk's Lenin shipyard following pitched battles between police and thousands of workers in a second day of strikes and protects against the banning of the Solidarity trade union. An announcement on state television that the
      Reuter  -  297 words
    • Article
      Lock icon EEC-Japan trade talks fail
      293 5 EEC Japan trade talks fail UPI TRADE talks between the European Common Market and Japan broke down on Tuesday when Tokyo tailed to offer concrete action to increaae imports of European Community goods. Community negotiators said the European complaint against Japanese import barriers will now probably be put before the
      UPI  -  293 words
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      351 4 K>~ "u ->: St y' V -v'>w WmmsW: 'J i- O^Mf l mm* **z f *s •V ,;-v "V > \>& IW! M T. v; -V iw K Ti ii r T r l I K^kJSI 1 r 1. U. ■f ui I iLUJi mmm fj£gpLgts&. T:r. Bff?ss**> jK f>
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  • Page 5 Advertisements
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      234 5 GET YOURSELF A UJC COMPUTER QUALIFICATION Join the Part-Time NCC TRAINING LIBRARY FOR SYSTEMS ANALYSIS COURSE NCC Certificate will be awarded by the National Computing Centre, U.K., upon successful completion. The NCC Course for Systems Analysis provides complete training in the basic skills of systems analysis and design, encompassing the
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      Page 5 Advertisements Column 2
      160 5 w. <4 >-;.%■ "..v~ mt •w Qantas.The only daily one-stop flight to London. Every day,m ewery it s unbeatable. The 747 Qantas Express lifts off for London every evening, every week of the year. As scheduled. So you arrive at Heathrow early the next day. And without a fuss. That's
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  • Article
    'Our man' in Jakarta
    437 6 THE announcement of Mr John Holdridge's nomination for the vacant US ambassadorship to Indonesia was well timed in that it put some meat into the inevitably inconsequential verbal fare on offer at most state dinners. President Reagan named Mr Holdridge at a dinner in Washington for
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  • Article, Illustration
    Ihe unanswered questions about Suzuki
    876 6 Suzuki has undoubtedly confounded even those accustomed to reeding inscrutable faces of Japanese in politics. Surprise must now give way to the question of the implications for Japanese politics. THE sudden decision by Prime Minister Zenko Suzuki not to contest the presidency of the ruling
    876 words
  • Article
    Lock icon Sugar industry turns sour
    869 6  -  By ROBERT KEARNS Reuter WORLD sugar prices are so low that Brazil has stopped trying to export it and is turning as much as possible of its huge cane harvest into alcohol to run its cars. Peru had to borrow US$5OO,OOO from the World Bank to
    Reuter  -  869 words
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      174 6 Vj? ft 41 i aS m i VIETNAM Si rxxr K -> a K 32 ■r V > t r_ •t hi V /r a It's coming. If you presently import or export goods to or from the Southeast Asian market, or intend to do so in the future, something
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      926 6 *r\ *1t SINGAPORE 5 3.00 PM Opening folowed by Dynasty (Mandarin/r) 3.50 Pad Kane Goes Wast: Documentary 4.05 The MM MM Nest The Nght of the Wolf (Last Episode/r) 4.50 In Search of Tornado: This documentary, dubbed in Malay, tells how the interaction of warm moist air and cool air
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  • Article, Illustration
    Lock icon Playing financial policeman
    1677 7  -  During the next six months, the International Monetary Fund will subject itself to a rigorous examination of its proper role in the world economy, writes MAX WILKINSON. MAX WILKINSON FT ONE of the grimmer ironies of the crisis over Mexico's inability to repay any of its US$BO
    FT  -  1,677 words
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      72 7 NOTICE NOTICE IS HEREBY GIVEN THAT MR RONNIE T.Y. KOH IS NO LONGER WITH US AND HIS APPOINTMENT AS MANAGING DIRECTOR OF THE COMPANY WILL BE CEASED. THEREFORE, HE IS NOT AUTHORISE TO TRANSACT ANY BUSINESS OR COLLECT ANY MONIES FOR AND ON BEHALF OF THE COMPANY EFFECTIVE 6th OCTOBER
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      228 7 gtefoafo ./A jV*^T A TALE Of TWO COPIES Compare the pictures above. On the left is a photo of twins. Note the differences between them the eyes, brows, noises, lips to mention just a few. wT The pair on the right is a Minolta ER3IO copy of the same photograph.
      228 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      625 7 CRYPTIC PUZZLE ACROSS 1 Name far container or No straightforward way to get ta credit (8) t Face a couple (4) 10 One driak mock like another 11 Hurry when one holdi a card (C) 14 Approaching deep water! 15 Continue* dissolving salts (5) 1? Require both ends of the
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  • Page 8 Advertisements
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      259 8 Where to wine, dine and entertain AMERICAN! ■raeBESS with the American Express* Card "if you don't already have the Card, call *****33 for an application form" The trw Singapore flavour Our popular Nonya Buffet Luncheon at a special price. With tongue tickling delights like Curry A yam. Chap Chye and
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      Page 8 Advertisements Column 2
      161 8 lubertug ®rill For lunch. For dinner For a richly rewarding experience. A v.. I um. r :-j v. <22 I.iv.mh-.' K mvv But!. S.ltUui.H. ">" 1" I tl.ttrj, V'. ...> Sp.', Si,.nJ, a Br'l'll >2-« oil ,>s .J For reservations call *****77 A v iy C cnHm I'nrk Slm'iiilhii c,Mt
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      Page 8 Advertisements Column 3
      320 8 The perfect end to a romantic drive. tivi: >\ i i\i rs K I s I I K I The sea gentlv laps the palm-fringed shore. Bourgainvillaea cascades amidst .1 riot «it greenery. Hu- air is heavy with the M.vnt of jx'rfumed timers. N>rr, romantic rrnwi surrounds vou as vou
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      Page 8 Advertisements Column 4
      191 8 At the Inn of Happiness. .Your search is over. The quest accomplished. Whatever you choose, it's bound to be memorable. I Presenting *»£r. fiW $4, F3S i r Vf» K v. t to f*rC Vv 4 m from I '.K.'Oti II -(Xi3l At The Iklvrdrre and Rasbah Singing stiKition Di.ina
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      Page 8 Advertisements Column 5
      140 8 Itfeasgood as going to Bangkok. P V SX This is Thai Seafood at its authentic best So trash, it could have bean alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared b v Thai chefs In our kitchen Siamese Seafood Restaurant
      140 words
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  • RAW MATERIALS
    • Article
      Produce exchange
      172 9 CBNBB PtHssi Kxehuge, per 1M k« PrtM CinU sfl: Bulk fob $85.00 sellers, old drum (in second hand drum) lob $68.00 sellers, new drum fob $118.00 sellers. Osffat Mixed (loose) $45.00 buyera. Pwaar: Muntok white peoper fob A*a NLW $310.00 ■ellen, Sarawak white pepper (aq fob NLW $306.00
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    • Article
      RICE
      326 9 SDiGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop LOO, 100 per cent second class 0.78, 100 per cent third class 0.73, 25 per cent new crop no stock, B-10 per cent 0.71 THAI BROKEN: A-super 0.55, Special 0.55.
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    • Article
      LONDON MARKETS
      834 9 COFFEE: Robusta futures made further gains to end the morning L 26 to £24 a tonne above Tuesday's close on a substantial turnover of 2,396 trades including 501 self-trades and 39 options. Traders said the terminal's bullish sentiment was based largely on heavy speculative interest following New York's
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    • Article
      TEXTILES
      192 9 YARN and cotton prices were quoted as follow* In Hongkong yesterday. (In HK dollars, spot ex-go-down) Catta yen: China Blue Phoenix MS UK; MS 3,090. 418 3410 (par bale of 4M Ms). Flees gasfe: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower asd Butterfly
      192 words
    • Article
      WHEAT
      86 9 WHEAT torn ia Chicago on Tusadajr doaed 2V« to throe US-cents a txahel lower. Trade was thin as prion followed the easier tone hi corn and the soy complex. Corn futuies fell to or aaar day's lowa on the doae, down 4tt to IK centa a bushel la quiet
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    • Article
      RAS PRICES
      326 9 RA8 prtcaa In canta par kilo jmaiarrtajr NMB (par Ml.) (par kilo) Ml Sritera ta«para Sailers tat 1 R1& an MplUb UUI OUN MS HUM l«.llUi.N( ■■■■bu mm SMI mm MM btlUlDi n win mm mm MIS taLilUi. m« CTTJW mm injM UK/CM tMN 11UM mm 1MJW taLlUl
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    • Article
      SOYBEAN
      101 9 SOYBEAN fa tares In Chicago on Tuesday cloned mfr—i ud W In May to down 1» cents a bushel in September on iockl evenlng-up ahead of Tusaday afternoon's USDA crop report G«*™l trade belief that the USDA will reduce Its sot crop estimate underpinned futurea. Orts In the prime
      101 words
    • Article
      RUBBER
      152 9 RUBBER PRICES IN Singapore yesterday closed slightly hlftw with Noveuibei One RSS buyers quoted «I 1*7.50 cents per kOo, up 3J5 cents from Tuesday's close to Kuala Lsapur, the rubber market dosed higher with November One RSS buyers quoted at Mil cents per kilo, 1151 ceu«s front Tuesday's e,
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    • Article
      Straits Tin
      52 9 THE STRAITS TIN price la Pi—g yeeterday eeetimed to Mi at Ike ITA (tow level ef M$».lS a Uto. The staHtty «f the Market followed ftraag sappert trom the kalfcr stock aaaager, kelpei ky mm local aid ferelga Taraever feU to ISS tones treat 1« ea Taesiay aai
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    • Article
      CLOSING PRICES
      27 9 Rubber Oct IS Singapore: Not; 167.50 NaU (op &lft orate) Malaysia: Mae: 504.50 eeata (aa 180 ooate) ts 16 Offleal omrtaf lMtraaao (dowa 38 toaaat)
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    • Article
      PALM OIL
      106 9 The Malaysia crude pahn oil market jaotailaj ckaed omJw on renewed riaort telling in moderately active fc Octoberewtral ten MUD to 10MB par tame, aoutta WTM to MM and north MH to MJM7.9I «trite in NraariMr centra] loot MPS to Mtm and sooth m ML» The refined market
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  • INTERNATIONAL STOCKS
    • Article
      Market closes mixed
      778 9 NEW YORK PROFIT-TAKING on Tuesday ended the New York market's four-day winning streak and caused stock prices to close mixed. However, the Dow Jones Industrial average held above the magic 1,000 mark (or second day in a row. The D-J average seesawed throughout the day, falling 14
      778 words
    • Article
      Frankfurt
      50 9 OCT U Dm r KM OOChSt U 4U 4ti -u A«|£T*l«runkan ar 4*4 1UJ* 41 MM 41J T IS rr ~y~ •I 4 J 4U 4U Ml -CI 4M 414 4U 4LT Dtfum Demac DeuUche Bank IM -«J MM iu rhyn>n Inda Volkjwmccn TJ«0 -14 UU 411 UBJO 411
      50 words
    • Article
      TORONTO
      91 9 ocr ta o» hk Bar Mm UapCNI BH M im m MM mm WW- a MMM m 4 IN g"2H"*^=—8* ti! SSIS 1 tumi tm SrcSiS S HMf'tq «Mb r?*- 1 2 HcM mm mm Mm a mm j„ gg_ r SvsszrS :5 S2rw*=a 2»s? a a K5?S^_z=:& L"*"-
      91 words
    • Article
      JOHANNESBURG
      125 9 OCT U 1 ha| ♦1 INDU8TB1AL0 Un Waal m m 30 ♦i ♦M M A AS And CI m M ■BCD MINIM tssr* m ♦i ♦m MM -m C O ffaltfe ♦m zzcr 5 Mi iMIM 3" il Coo* OoM trt mean t*Pn«i MM Mi TM Mi Mi MM
      125 words
    • Article
      Paris
      88 9 oc GROUP B OOBBBILLB Si? 1 1 ~p Sm=zss, ci'rnl— l nu »i m SL <*****51, gboup c MS%I STJt 4« 'fVrtlliwMli m *1 uMkii) m *m jjjj mm ♦«n 3»* IMM *U ■■■■III Oil MLM -«J idhta MMMVU ma -u >— -*J Pi Hi >!■»■■ A IMM -M
      88 words
    • Article
      Amsterdam
      134 9 OCT 1* Fta it*a im mm *M ♦u H* KM in -AJ ABM AhoM mm •m 4 •1 vt w mm mm B.9 «L1 -AS ♦AY Akao AM*V Amfmi Ammtmk am mm mm mm -CI -AT 1 m Nab Oc* Ortolan X mm mm mm -AS m -AJ .44
      134 words
    • Article
      Zurich
      116 9 OCT IS rrmnca M Mi It Ml *N 1 riBr m *m •"■n ISM i »l! ',14T •H +4 Iw. ■1 Mr m u t~"»1MM an in m -m SL ?2 iiJ -1 A 112 ■r W I ±J l«* U ■OlOf-CQhilBfUH -M Br *M r W U Sim
      116 words
    • Article
      Brussels
      59 9 OCT U 1 *1 POKWABO MAKirr W AM 1214 Mi 1 ETuLfc ♦a Quimat m 1 »M l«t m 1 MM mm > -W_ Or Bra Uai rm 1 -4 1 4l 1 1 a~ rm MM 41 > 1 •RQMMI urn 1 ABAm wm t 1ft MvifA I
      59 words
    • Article
      Milan
      35 9 OCT a Un I MH -M n»tor? S IT** am— mm* +m *2 MM 7ST SKSSSS aw nmiAMc an *m mm ZZZZZZ MM +m ISM -J H> mi *u MM (MM -U Source: BCI
      35 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      185 9 i I «J lij restaurant celebrates its 2nd Anniversary And as part of our celebrations, guests will be presented with a 1963 Calendar—displaying the finest works of renowned Chinese artists. Limited stocks only. j orcniqmn 214, Duneam Road, Singapore 1129 Ttfc *****40,*****22 Ext 130 i i TAT LEE BANK LIMITED
      185 words
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      Page 9 Advertisements Column 2
      0 9 !>:[(<<[\/={'-^{,)\@;|",^%+{&<[
      0 words
    • Advertisement
      Page 9 Advertisements Column 3
      173 9 r r* Th» Outstanding 473 M Printer/ n ~i Comtowt in Group and Grand Total Switch Horn Count A Non-odd Keys (Inv/Acc No) EE •i1.'.1-wl-.'.1.1'1'l DATAQUfP (S) PTE LTD 506 Detta House 2 Alexoodra Rood (0315) Tel: 272-6512/6514/6515 i 512/6514/6515 I NOTICE To tho holders of tho Hooting rat* U.S.
      173 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1681 10 BID sad offer prices officially listed and business in and reported to the Stock Exchange at Singapore yesterday, with the number of shares traded shown In brackets in tots of LMO units, unless otherwise J WjjHf WW». BBCTION ONE INDUSTRIAL COMMXBCIAL Aaaa
    1,681 words
  • Article
    SHARE INFORMATION SERVICE
    2908 10 11 High MS Lew Caapaajr Last Sale +erGr*a DW Dhr Cw Gfs VH Net P/B Vol COM) Day High Low SBCTION ONB INDUSTRIAL A COMMBBCIAL 360 233 sn 38 141 »1 on sac 347 133 ao an n la m ao Aent Alcorn Allied Choc BAT Bata
    2,908 words
  • Article
    In Kuala Lumpur
    1720 10 3H> and offer prices officially Mated and buMneos la tad reported to the 1 1 f Stock Entente j—inky, with the number at atmrem traded dbown la bracheM to lots of MM units, üblm otherwfc* ipectfled I» i II I CM») Akmm (L«B LM) (M) LM (U)
    1,720 words
  • Article
    Blue chips help to lilt up prices
    465 10 SUSTAINED latereet la MM HMkJWM 0B B B®*4y keel ytßctity. Ttoi* lag wae faMy aettn. ntMati louei t«re SoTpSEkM WaS Street after a fMr-Bay r A Ooenlght, Ike Dew Jeaoa MMrial Avenge ted ettpped Mae gBB Sat aoaa"Boarfe** 1,000 Mark, at IMJb alter
    465 words
  • Article
    Stocks remain steady in KL
    484 10 RENEWED support on a fairly wide front boosted prices to a steady finish on the Kuala Lumpur stock market yesterday. Total turnover was, however, reduced to 7.14 million units valued at $19.51 million compared with Tuesday's 8.51 million units worth $22.64 million. Share prices opened
    484 words
  • Page 10 Advertisements
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  • COMPANY NEWS
    • Article
      Haw Par's earnings likely to disappoint
      1000 11  -  Market Talk... By NAJEEB JARHOM EARNINGS of Haw Par Brsfhw litmiHwil will continue to be disappointing until economic circumstances improve, says London stockbroker Laurence, Prust. Judging from its latest interim results, only the pivpetty division should do better than in 1981 as rental income
      1,000 words
    • Article
      Lock icon In Hongkong...
      145 11 Reuter THE Legislative Council has approved a Hongkong government guarantee to the Mass Transit Railway Carp to cover the repayment of a 1965 Hongkong dollar loan. The sum borrowed under ttys guarantee «01 be used to finance the island line contracts (or the supply, installation and commissioning of
      Reuter  -  145 words
    • Article
      Unit trusts
      185 11 BNOAPOKS UNIT 1*U uto tar Be< The Comncrct 2.78 The Saving! Ftad LSI S'pore Prog Fund LB S pore Sec. Fund LM S'pore breast Food 0.» S'pore Equity Fund 1.22 AMA TTVVf ■nUHT ST M) LB LB lBfed 1.B LM LB DIAMOND MOT 8TOK (Mi—im 1 prtM tar
      185 words
    • Article
      Lock icon Most Harvester suppliers yet to join equity scheme
      463 11 Reuter OVER half of International Harvester Co'» major suppliers have not yet agreed to participate in the company's US$35O million debt-for-equity swap, major suppliers and Harvester officials said. Several suppliers said they will not decide if they will make any financial concessions
      Reuter  -  463 words
    • Article
      Profits up slightly at Parit Perak
      190 11 PARIT Perak Holdings Bhd has reported a marginal increase in earnings for the year ended June 1982. Profits before tax and extraordinary items row to $10,075 million from $9.99 million though operating revenue was slightly lower at $10.31 million compared with $10.46 million in
      190 words
    • Article
      UAC Bhd plans to expand operations
      332 11 IN SPITE OF the recession, UAC Bhd, a leading manufacturer of fibre cement building products and pipes, is expanding its operations as well as diversifying into other products. Chairman Mr F D Loneragan told shareholders in the latest annual address that the company has
      332 words
  • ASIAN STOCKS
    • Article
      Market ends steady
      375 11 HONGKONG THE Hongkong stock market yesterday closed the mid-week half-day session unchanged to slightly higher but trading was limited on lack oI interest, brokers said. Uncertainty over Hongkong's future remained the dominant factor in the market and negated any positive influence from recently firm stock markets abroad.
      375 words
    • Article
      Tokyo shares finish mixed
      306 11 SHARE PRICES IN Tokyo yesterday closed mixed in active trading, amid renewed interest in blue chips after a lower opening, while low-priced domestic issues fell, dealers said. The market average shed L 67 points to 7,411.58 on a volume of 530 million shares. The Tokyo stock
      306 words
    • Article
      Bangkok
      34 11 Ml PMl SjV micwiMini une,> Buk m ■MB Of Araaz»fm Tbal Dm (Ml as, 5 assr-— ~gss I M1M tlJI nM 7* nm Mtt SSMMTSWT «LM *U DnlOP Tj»—4 MMMH MI i i5e__
      34 words
    • Article
      Manila
      46 11 SHARE prices in Manila yesterday closed easier on a sharply reduced turnover of 701,015 pesos compared with 2.58 million on Tuesday, dealers said. OCT U n mm fiiiiiifcuir i una unci) mm Ui 4S lMU uncfc L*U BCD AM -t r —J T T^ f
      46 words
    • Article
      Sydney
      233 11 SHARE PRICES IN Sydney yesterday ended generally easier in quiet trading, brokers said. The All-Ordinaries index fell L 3 points to 523.1, despite some institutional support and some South-east Asian interest. BHP rose eight cents to As7.eo, CSR added a cent at $3J7, North Broken Hill dropped three cents
      233 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      241 11 World Technology for ASEAN progress through ENEX-ASIA 'Q9 South East Asia 4th International Electrical J o t?t r Electronic Engineering Exhibition. Singapore may be a small island, but it hosts the biggest electrical and electronics engineering exhibition in Southeast Asia. Enex-Asia '82 the showpiece of the electrical and electronics industries.
      241 words
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      Page 11 Advertisements Column 2
      106 11 These notes have been sold, this announcement appears as matter of record only. October 1982 a U.S. 60,000,000 CREDIT FONCIER DE FRANCE Guaranteed Floating Rate Notes Due 1990 Unconditionally guaranteed as to payment of principal and interest by THE REPUBLIC OF FRANCE PARIBAS ASIA LIMITED SUMITOMO FINANCE INTERNA TIONAL TAIYO
      106 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      152 12 Rises Indices Matro HMcs 480 85 Oct 12 *****6 Oct 13 Z***** UyUH sria«M« an 408 36 24 BT Indicator Oriental Hldgi DBS H 1 mi Fin 386 MS AM 22 30 +30 ST Industrials 685.52 689 20 ST Finance: 1382.37 1599 04 Umcml 2S3 30 ST Hotels: 1010.14
      152 words
    • Article, Illustration
      KUALA LUMPUR
      164 12 pat mp a fair performance y *S»B*B£alte Times binMtl biez me a milnnt US paints to clwei at OUB9 alter a meagre Utpsiat gala at asaa. The ftariar— Times ladtnstsr e( the day's If meat active steeks tasked sa aasther 42M psiats to ZlStfl. Rises Indices 1*1 and
      164 words
    • Article
      Lock icon Dow Jones lower
      117 12 AP Reuter THE NEW YORK stock market opened lower yesterday, with the Dow Jones average of 30 industrials slipping below the 1,000 mark. Slightly more stocks fell in price than rose in the early tally of New York Stock Exchange-listed issues. The Dow Jones industrial average, which
      AP; Reuter  -  117 words
  • Article
    Hume (S)'s move will cost $17m
    410 12  -  RELOCATION OF OPERATIONS Companies Editor: Mano Sabnani By CHRIS LIM HUME Industries (Singapore) Ltd will be spending some $17 million to relocate both its concrete and steel operations to Jurong. The company has four factories which are currently sited on premises in Upper Bukit
    410 words
  • Article, Illustration
    VDTs sprout out at stockbroking firms
    323 12  -  CHRIS LIM VIDEO display terminals have begun sprouting up in the trading rooms of many local stockbroldng firms part of the Stock Exchange of Singapore's programme to computerise the securities industry. In all, about 700 terminals will eventually be Installed in what will become
    323 words
  • Article
    LONDON STOCKS
    743 12 THE STOCK market yesterday doted mixed vtth an easier bias but oils Jumped. At 3pm, the Financial Times was up 0.6 paints at #04.5 Oils were marked up initially in its pons» to some institutional demand attracted by comparative yields and the higher levels prompted fresh demand causing
    743 words
  • Article
    Selected indices
    53 12 FINANCIAL TIMES INDUSTRIALS Tuesday 003.0 Monday 806 1 Week Ago 576.8 DOW JONES AVERAGE INDUSTRIALS Tuesday 1003.68 Monday *****» Week Ago 907.1# HJLHANC SENG Wednesday 867.25 Tuesday 887.74 Week Ago 865 88 AUSTRALIAN INDUSTRIALS Wednesday 864.7 Tuesday 866.0 Week Ago 641.1 ALL ORDINARIES Wednesday 523.2 Tuesday 524 4
    53 words
  • Article
    Sim Lim Finance relocates main branch
    180 12 SIM Lira Finance, the wholly owned subsidiary of Sim Lim Investments, has re-located its main office from Shenton Way to Sim Lim Tower, the group flagship building at Jalan Besar. This main branch, which will be officially opened on Saturday, will bring the finance
    180 words
  • Article
    New Sime managing director
    64 12 SOKE Du+y Ltf hu wliMlfrnvaBMt onriMM k Mm ngln. tvratty the n|lm»l «reetar ta etem at Hm|kaag br Ik* Am Dart* IB AMNMk| kls apMlaW ■Ml j utiitey, Party Mlckael Wwg Pltati, DOWkMI kaMOt tee Dwkjr*! nmMM M Stag»» pMMiMMNb. Mr WaAm Mm aim urn* m
    64 words
  • Article
    COMPANY BRIEFS
    34 12 ULU BENUT CnmHIM lad—trkis has appointed Raja Abdullah Israma as president and chief executive from Oct 16. AUSTRAL (I— Igs—tod Tin M will hold its 43rd annual general meeting on Nov 5.
    34 words
  • Article
    HLI takeover target had net loss last year
    384 12 HONG Leong Industries Bbd (HU) has identified the propei ty investment and development company that it is purchasing for Ms 66 million as Hong Leong Realty Sdn Bhd (HLR), a company which incurred a net loss last year. In a reply to
    384 words
  • Article
    KPS to appeal against acquisitions by PNB
    404 12 KUMPULAN Perangsang Selangor (KPS) is expected to make a special appeal against the acquisition of certain viable subsidiaries by Permodalan Naskmal Bhd (PNB). KPS Is the Selangor state government's investment vehicle with diversified interests ranging from tin mining to pioperiy development. Business Times
    404 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      160 12 ry il tosuccee gngopof, Novembtr 26 lr 27,1952 Success and achievement in life is totally dependent on y0u.... on your attitude, drive and persistence j||i6§\^ Featuring on Video: I JAMES BOHM MW.S an independent businessman who amassed a fortune using principles he will share with each participant attending this seminar
      160 words
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      Page 12 Advertisements Column 2
      71 12 !U V "INSURANCE? THOMAS-ROBERT, of course! They're the experts you should talk to. Extremely professional in their approach, and incredibly efficient in handling difficult claims. Can't think of anyone else better, really. Can you?" THOMAS-ROBERT INSURANCE BROKERS PTE. LTD. THOMAS ROBERT AIWA VS ONf ST f P AMF AO 2508,25
      71 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      58 12 OUTLOOK for today: Showers in a few areas in the afternoon. Report for 24 bain prior to U pm m Oct IS at Ike airport: Maximum temperature 32.5 Associated humidity 66 Minimum temperature 25.5 Associated humidity 91 Hours of sunshine 3.50 Rainfall in millimetres Trace Total rainfall for the month
      58 words
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  • SHIPPING TIMES
    • Article
      Eleven new ships to enter Europe/ Australia trade
      283 13 ELEVEN new ships are to be brought into the EuropeAustralia liner trade in the aext six months by the independent am Israel Navigation Co and Polish Ocean Lines. Tim is bringing into the trade seven West German boilt container ships of 14,000
      283 words
    • Article
      Traffic system may be installed off Trengganu
      584 13  -  By G DURAIRAJ AN OFFSHORE vessel traffic management system may be installed off the coast of Trengganu to monitor and regulate the movement of vessels within the designated area of oil and gas fields. It is understood that Petronas has expressed interest in
      584 words
    • PORTSIDES
      • Article
        Expanded LR publication
        94 13 THE 1962/83 edition of Lloyd's Register's List at Shipowners now includes the names of managing agents for the first time, in addition to owners managers. The 944-page publication lists over 40,000 companies and all the information are crossed referenced, so managing agents are shown together with the
        94 words
      • Article
        Lock icon Congestion surcharge cut
        67 13 Reuter THE Hongkong/Europe Freight Conference said it will cut congestion surcharge applying to cargo discharged directly at Algiers, Algeria, to 10 per cent from 15 per cent, effective immediately. The Hongkong/Gulf of Aden and Red Sea Ports Conference said it will reduce the congestion surcharge for cargo
        Reuter  -  67 words
      • Article
        Shipboard fire
        159 13 A PANAMANIAN flag carrier cargo ship New Ryde caught Ore in the central Java port of Semarang last Saturday but the fire was brought under control five hours later, an official said. The port authority spokesman Sudibyo said the 6,060 deadweight-ton ship was about 2.5 miles offshore of
        159 words
    • Article
      INDEX TO ADVERTISERS
      701 13 SMppta* Um CM SMpptogU* Pw Cal Achipeiego Shpg vm aim vm Ahrenkiel Liner V AUtrans VH Alpnc VI Angonaw V Antara Shpg X A PC Line IV apl in ArfWlM IV ASCL m ASL Coat IV Asia Merchant VI AundiUM V Australian Coot VI Bait-Orient VII Baltic
      701 words
    • Article
      PORT CONDITIONS
      1086 14 ALGERIA Algiers Sept 15th. Delays of 10-12 days, 12 vessels waiting. ANGOLA Luanda and Lobito Sept 13th. No berthing delays. ARGENTINA Necochea Sept 6th. No vessel operating, waiting or expected. Buenos Aires Sept 6th. 9 ocean-going vessels discharging, 16 loading general cargoes. Rosario Sept 6th. 3 vessels operating
      1,086 words
    • Article
      LONDON FREIGHTS
      1685 14 LIMITED time-charter business featured an otherwise dull freight market on Tuesday with the lack of activity partly reflecting Monday's Colombus Day holiday in the US, shlphrokers said. A 60,000 tonner was booked from the US Gulf to Japan at $6,000 daily, while a 16,000 tonner was arranged from
      1,685 words
    • Article
      Financial relief assurance for Indian shippers
      353 14 IN response to appeals from the Indian National Shipowners Association, the Indian government has assured the shipping industry of tideover support through the current period of crisis. What has been described as a "final package of financial relief* is now being formulated. As a
      353 words
    • Article
      The Consortia
      215 15 THE MAJOR shipping consortia operating X— the Far East/Europe, Far East Persian Gulf, Straits ports/Australia, Straits Japan and the member lines: ACS (FAB EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. fv» Yang Shipping. ANBO (BTBAITB/ AUSTRALIA): Australian National Line.
      215 words
    • Article
      Pilotage remain compulsory in the Philippines
      563 15 THE Philippine Ports Authority will continue to require all international vessels to be guided by pilots in docking and undocking even though it plans to allow optional pilotage for interisland vessels. Official sources said PPA cannot allow optional pilotage for foreign ships because of
      563 words
    • Article
      Problems for Swedish owners
      212 15 MANY Swedish owners operating in the coastal/short-flea field hitherto one of the most promising sectors of the merchant marine have encountered serious financial difficulties and Goteborg sources say some 30-50 small Swedish shipping companies could go bankrupt soon. The industry is calling for interim relief in
      212 words
    • Article
      Lock icon Supertanker master arrested
      208 15 AFP THE captain of the supertanker Salem, which sank under mysterious circumstances off the coast of Senega] in January 1981, was arrested last week in connection with the wreck in Lebanese coastal waters of another ship under his command in 1979, police sources in Athens said. Dimitris
      AFP  -  208 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5555 20 grwEnm.E 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
      5,555 words
    • Article
      Container Schedules
      594 21 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Location Zlm Sydney 22w23E 15.10.82 0700 Star Shpg 49 0800-1000/1400-1500 L7/L7 Liverpool Bay 477 15.10.82 0700 Mansfield 49 0700-0800/1500-1700 Fl/Fl Nlpponlca 47/279 15.10.82 1800 Optorg 48 1100-1300/3000-2100 04/04
      594 words
    • Article
      WHO ACTS FOR WHOM...
      1841 21 The leading shipping lines operating from local' ports and their agents. A B Arhlpeieg* Shpg Singapore Shpg Corporation (S) Euro-Asia Line PN KL PK>. Urittfr Caataiaer Continental Feeders (S) Cargo Freight (PK). A PEA Singapore Shipping Corporation (S) Euro-Asia Line (PK PN). Urt-EmMt Line Transgroup Pte
      1,841 words
    • Article, Illustration
      Lock icon Difficult times for Greek shipowners and seafarers
      1617 22 Seatrade WITH more than a quarter of the Greek fleet already laid up in domestic water, another 100 vessels idle elsewhere and an increasing number of owners switching flags, the Piraeus -«hipping community is becoming very nervous. Rumours always abound along the Piraeus
      Seatrade  -  1,617 words
    • Article
      SHIPS IN PORT
      506 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Dal Yun Shan Equator n Fair Rainbow Pskov Sophie Rlckmers Sphinx Straits Hope Tekad Zoella Lykes Alrazl Jenson Kim Soon LI Lupin Perak P Magsaysay Timber Fortune 8/9 22 13/4 1/2 31/2 6/7 21 19 33/4 27/8
      506 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      302 13 HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container. Service To: P.KdM(/Kedunc/Buun/lnchon Fm: Buun/H.Konf/Bjnfkok Td S'pore: *****11 P.K. *****4, PN *****5 K.L. *****0 LONDON Freights PORT Conditions... CONSORTIA SHIPPING Schedule tX)NTAINER Schedules WHO Acts fer Whem SHIPS b Pert lONAL Weather Orient Overseas CcuptcuteA Line FULLY CONTAHRBED SERVICE TO EUROPE CM
      302 words
    • Advertisement
      Page 13 Advertisements Column 2
      46 13 sealordh: UASC UNITED ARAB SHIPPING CO SAG I■A■A 'a 1A i EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE CANADA, CAWgAH AMP MLAHP AMEIHCA rr masnm rr rr.'i ii ig3'suzii:nz^^m iIHI :II at,'' 1 Mi in 3 Sea SZ Land y.v, >/." i^v'i 1 ,'i: y .':,l [733 i:
      46 words
    • Advertisement
      Page 13 Advertisements Column 3
      406 13 4>cnan Alqerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents: MMCmCTBMttftTMMK mm mm. Tet *****4 (5 lines) SINGAPORE 0 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U-S. PACIFIC, OULF, ATLANTIC, EABT CANADA, ASIAN PORTS 2 .1 17-11/10 •23-24/19 31-1/11 9-7/11 14-15/11 21-21/11 21-29/11 TO BELOIUM.
      406 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      444 14 FAR EAST/EUROPE CONTAINER SERVICE S«M SaMd SmM SIM S*M taPwt SMM 22/10 SaM 29/10 14/10 2/11 Ffr u. Gmw. 2) MMOw, Aahnrf, Ltora. Boh. UK. 3) Onam. a. Aote. Cm»n». HM 4) MM. StodDw*. (Mo. Em** car* Mr Mm m S>«. *teo *r«ct cwjo tor Sport I l*<M 'Imm Em*p
      444 words
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      Page 14 Advertisements Column 2
      328 14 Y.S. LINE yAmashita-shinnihon line COMTAMIR SERVICES Atlantic/Canada I USA/CANADA mm* M at ty h Nrt IVM 17/11 22/11 23/11 2VII 31/14 21/11 Wll 21/11 21/11 N/U 2VU MIDDLE FAST rag Line: ltd. CONTAMER SCRVICC TO/FROM JAPAN TAIWAN AGENTS: SUNSHIP AGENCIES PTE LTD Ma n Oft»c# ??*24?2 i S lm«% CFS/Ttfmin.l
      328 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      580 15 The Straits Steamship Group occ Overseas Containers Limited f CONTAINfRSHIP SFRVICF TO UK CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok ■na *'<■» J/11 11/11 (11/11) 12/11 11/11 19/11 24/U 27/11 01/12 10/12 If/12 17/12 20/12 25/12 21/12 21/12 VI VI VI VI It few* 12/11 Vll
      580 words
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      Page 15 Advertisements Column 2
      445 15 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Vimco Marine Pte Ltd hereby give notice that in consequence of the intended change of owner and name of a ship by our client, M/s Ultra Petroleum Pte Ltd, No. 37, Pandan Road, Singapore 2260. We have applied to the
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      551 16 A Hapag-Lloyd EXPORTS Spore PKetangl'ston HI Takyaßay "10 3/11 5/11 811 9 Franklwt Eiprns 20 10 2? 10 i 0 11) (14 11) (12 Imarpoal Bay 26/10 28 10 nil 16 11 18/11 19' C*y 01 [M 311 Sll 77U 74ii 76 11 27/ Hambwg Eiprns 13 11 15 11
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      Page 16 Advertisements Column 2
      631 16 K.&line KM I* SMWIIK iO*tO*A no* CONVENTIONAL SEHVICE To/Fr«n I AITAH lim/lix *01 17M/IIK FULLY CONTAMRISED TO/FROM NORTH AMERICA WEST/EAST COASTS In4k miM Spwe* 0 GOVERNOR K I 10 10 K mm SUN IK 13 1014 10 N DIAMOND ME 13 1014 10 0 KJKHT X ?1 10?? 10 N
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      Page 16 Advertisements Column 3
      381 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG Fa I LCI CARGO FOR: t m W ai KM um LHV £»f> MjJ kM 4/11 t/U 1/11 9/U 11/11 (*«U|M 21/10 27/ It 4/11 14/U IS/11 I|/H u/11 11/11 ImHrt* 2/11 24/11 24/11 2«/ll 1/12 uso tcaPTMc ta/ra t ra/ra to 60TKIMC.
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      Page 16 Advertisements Column 4
      973 16 Everett Lines \A Burma Five Star Shipping Corpn. jßk "BURMESE NATIONAL LINE' J k LOADING FOR RANGOON **tkKhjrpi| ant* S pare Plate* PanjM ARGENTINE NATIONAL LINE" LOADMG FOR DURBAN MONTEVIDEO BUENOS AJRES AM) roam oes galets (reimon) s'p« ACONCAGUA 13/14 Nn WCTORtt I t/7 Dk Trampoctadon Marrttma Maxicana S. A
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      Page 16 Advertisements Column 5
      290 16 sI MNOSE MARITIME PTE LTD SUN UNION LINE ran keianc pomnc SKAPORE PRELAW POMNC LOAD FOR 25/10 27/11 KfIMCN SMOS MAMTM rn Its IU *****44/7 t 22*U7* BOOMS SUMAT SMPPMC COMPANY IU *****52/3 EAST ASM 9VTMC SDN M TO. *****4/*****! US! ASM awrm »NM 3H712/3/7251 MAUTSM TUCK I TtANSPOIT LTD
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      Page 17 Advertisements Column 1
      789 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) S'PORE COLOMBO HODEIDAH JEDOAH I AOABA COLOMBO 21-22/10 30-1/12 9-10/1 27-29/10 6-8/12 15-17/1 5-7/11 15-17/12 24-26/1 9-10/11 12-14/11 19-20/12 22-24/12 29-29/1 31-1/2 14-15/10 24-25/11 3-4/1 12-13/2 21-22/10 30-1/12 9-10/1 19-19/2 PACIFIC INTERNATIONAL LINES PTE LTD PIL BLDC-,
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      Page 17 Advertisements Column 2
      810 17 UvarpaM Bit City 01 HM*«I (ipitu K«M(i Man BEN LINE CONTAINERS OTRESS CONTAVO SERVICE TO/FtOM EUROPE H'BUK shaven roam havrf Spar* P K«aa( w frrmany Austria Antvefp Franct toPart U/ll l/n 9/11 M/U U/ll 21/U 22/U IVII (11/11) 11/11 (17/11) 21/11 U/ll U/U 11/11 21/U im! 1,/U /H 21/11 a'
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      Page 17 Advertisements Column 3
      302 17 \^mam Scan Dutch V WEEKLY EXPRESS CONTAINER EPWNC/scah SERVICE 'JST* rS? SSI? rp DWtanDCta, 'isT s sSa?" vn 1/11 1/11 11/11 ANSONHPort IZVW WTU<n,+ IS/ M/ll It'll V 5" tmm mi wn a/ a/u 8/11 MBQR2I/M 'VT'tSSTSS'""" ANSON 4/11 V 0 »/u vn WBON 11/11 WrMTO," ocan 0/11 m ,v
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      Page 17 Advertisements Column 4
      483 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAAA HULL HMBG CLYDEBANK 20 Nov 16 Dec 19 Dec 25 Dec FORTHBANK 31 Dec 26 Jon 29 Jon 2 Feb MEADOWBANK 16 Jon 13 Feb 16 Feb 20 Feb Lines U.S. GULF DVtECT SERVICE From RUTH LYKES JEAN
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      Page 18 Advertisements Column 1
      1358 18 hi- "K line KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE FEEDER VESSEL STORE MOTIO VESSEL TOKYO N'TOM SVNAH ST JO M EMERALD Vl7 18 Oct *KUROB{ MARU V 65 8 No. 6 Dec 4 Dec PIONEER Vl3 22 Oct •KUROBE MARU V 65 8 Nov 6 Dec 4 Dec I
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      Page 18 Advertisements Column 2
      682 18 we CALIFORNIA/PACIFIC NORTN WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE hr in mam. sm fimcsco »nu. tacoma vancouver re Fa/fa Um PIU-W |T£" W*T AUSTRALIA EXPRESS CONTAINER SERVICE fcc** fa/fa MMI PMM| Sport IMb Sy4 tutoft IT 3 4 Not II No. No. ft Nt, ffta |m T 30k 4Ok II tec
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      Page 18 Advertisements Column 3
      590 18 KORINS MARITIME SERVICES™ R kim f,Ol ICB Bunding Sherfton Way Singapore T»- *****22 *****67 P Keiang Tel *****1 8 MIDDLE EAST/RED SEA/EUROPE SERVICES S pore Loadnf Far: SAI©ON APE in Port Bandar Abbas/B Khomm/Bahran IBN 4 Nov Bandar Abbas/ Bandar Khomeri Hyundae Shipping Co. lid. S pore P. Keiang Loacfing
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      Page 18 Advertisements Column 4
      597 18 INTRASEA (PTE) LTD. Suite 2616 International Pia/a Ar.sor Singapore 0207 Tel *****1' iiOL>nosi MQ)M£kSXA-t.MMn: BREAKBULK SERVICE TO EUROPE/UK Half ac line S pore P Kdang Lead* tar ALMC ASM *157 20 Oct 24 Oct Mauntius/Reunwa/Durban Vessel loading at Rota kmabalu E l Agents Saig apart NTRASEA (FIE) LTD BOOK ME
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      Page 19 Advertisements Column 1
      435 19 I \\l FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A mtmbtf ot ttie ACE Consortiu TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) 0300 19/10 1500 18/10 Also accepting cargo to/from Bangkok and E. Malaysia USA CONTAINER
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      Page 19 Advertisements Column 2
      456 19 MALDIVE LINES ETA KUANTAN ETA PORT KEL AUG MALDIVE irOHTEA 30/10 LOADING FOR MALE MALWVE NOBLE 20/10 14/10 Loading Far Jeddah OCEAN GLORY No 6 20/10 Loading For Male MALDtVE AMBASSADOR Sailed In Port Loading For HODCIDAH MALDIVE IfttßOlll 18/10 14/10 Loading For DUBAI DAMNUM, KUWAIT MALDtVE PEACE 20/10 Loading
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      Page 19 Advertisements Column 3
      1238 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sintapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Nwnbers RS ***** RS ***** RS ***** P *El AUG *"*"6 M/S SHAMKAT ft AH SOON SON BHD IST AM) 2ND FLOOR HAI THONG SMPPM6 23
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      Page 20 Advertisements Column 1
      530 20 S S C Group SINGAPORE SHIPPING CORPORATION PTE LTD 20TH FLOOR OCEAN BUILDING. SINGAPORE 0104 MARKETING *****2 |3 GENERAL *****1 |22 LINESi TELEX RS ***** RS ***** A S CARSHIP CABLE CARGOSMIP Regional Container l>incs 2 SAILINGS A WEEK to/from BANGKOK BERTHING 1300 HRS EVERY TUESDAY SATURDAY SISGAPORE USE MIDDLE
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      Page 21 Advertisements Column 1
      58 21 ETR LINES DUBAI m no lOMNN6 FOR MVn« M 7 25 Od H Oct D*a won ios thmi 5 tears old mcct TRMsn TM 10 DAYS Htjvy Vt Can* AccapUMa sdom. Mom: onunuii (s> rn lid M 3-324 M Plua. toadi M S am 1719 1* 2*9122 (3 Urn) Otart
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      Page 21 Advertisements Column 2
      317 21 mttm EGYPTIAN INTERNATIONAL LINE (Ell i 1 1 EGYPTIAN FLAG ''if, n Pit t ID 1* ft *M l»«a» Lrntrr M 1m i c .'lOl lei I**, H» H\ H M Srtn Bh 1 «i If< iSfcO*• a*t>o. r- >, i» P»rjnj Ifl Ifcu.'Ag TIGER EXPRESS LINE 11-' T-" n*
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      Page 21 Advertisements Column 3
      101 21 jft/dm smm cmiKY (ftl) ltd. rfMSr FULLY CONTAINERISED CARRIER SVC HONGKONG ISLANDS LINE (AUSTRALIA SVC) wsa sp Monava sn> m «t n C«ntarl« 21/11 PnrllM 125 21/11 2/12 1/12 3/12 Canto W 9/11 Wart Mm* <2l C/ 12 13/12 21/12 11/12 Cait*l3 11/11 MkW «2C 19/12 21/12 2/1 21/12 TEL:
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      Page 22 Advertisements Column 1
      328 22 HAJ SHIPPING SDN. BHD. A; AN If HA' Ah av If i 'Mi IV «HI 'Mil MA #>4r MA H REGULAR SARJNGS TO EAST MALAYSIA POMNG P. KUANS Loading foe ETA CTD ETA ETD "HAYATI 13/12 21/11 24/11 25/11 21/10 KUCH, SOU *AY*TI 14/12 |/ll 11/n KUCH. SHI •WYATI 15/12
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      Page 22 Advertisements Column 2
      233 22 MAGNA MARINE LINES UKCT CONT TO I VESTMUM SERVICE *RALSA 23 VOT H-1C (*11*) CMROA WY H-ll PIT MB) (KT 1M1) LOAOMG K KMABAIU PT. BLANK LOARRB FOR u mmm, tmmtave DURBAN/E.LDN CAPETOWN 21/1 I REUMON/DURBAN/ CAPETONN/PE. 11/11 KUNON/TNMTAVE DURBAN/DARES SALAAM/ 15/12 HUMON/DBN/ pe/ctn EASTROUM SERVICE PASS VOT M-14C MLKSV-1S
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      Page 22 Advertisements Column 3
      203 22 ANTARfI SHIPPING SDN BHD #*> J pjr jft| an Bf RANGAN Pf I AHUHAN "M AN mtm T{ lf X MA 1%19 MAMAR KION6 CHUAN SHIPPING (S) PTE LTD RM >11. AFRO ASIA MJILDMQ, S3, ROMNSON RD., STORE OlOt T«fc *****90; *****13 *****14. TELEX NO: RS ***** KIOMG' ETA ETD
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      175 22 Regional Weather m. <r S iW fj n a 5 r */A o i A I > K l*A *mfiO r."Jt SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. C yA ~S Win< Wind direction with speed in knots LEGEND? R Thunderstorm Temperature °C Shower Weather V Wind
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