The Business Times, 28 May 1982
1982-05-28
1
42
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The Business Times
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Title Section11 1982-05-28 1 BUSINESS TIMES M r./P\ No. 93/1/82 FRIDAY, MAY 28,1182 60 CENTS11 words
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667 1982-05-28 1 RICHARD SEAH - By RICHARD SEAH A SINGAPORE manag- <3 ment style to spur workers to higher levels of productivity can only be achieved if managers broaden their outlook. This being so, there should not be too much emphasis on any one country's style of management. Managers667 words
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450 1982-05-28 1 FLORENCE CHONG - By FLORENCE CHONG TRADE unions In Sydney yesterday stepped up their strike in protest against the Royal Australian Navy awarding a contract to a Singapore shipyard. Workers at the Garden Island Dockyard In Sydney walked off their Job on Wednesday soon after a report450 words
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Article183 1982-05-28 1 ESSO Singapore plans to invest another $52 million in energy conservation projects at its Pulau Ayer Chawan refinery. A company spokesman said these are in addition to the $40 million spent on fuel-saving equipment over the last two to three years. During that period,183 words
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403 1982-05-28 1 ALMA KHALIK - By ALMA KHALIK SEARS Roebuck, the world's largest retailer, is setting up a buying office in Singapore. It will be responsible for purchases from Singapore, Malaysia, Indonesia, Thailand, India, Sri Lanka and Pakistan. Sears has 850 retail outlets in the US403 words
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Article201 1982-05-28 1 FRANCE has asked that the first Franco-Singapore Joint Committee meeting be held in the third quarter. Mr Michel Jobert, the French Minister of State and Minister for External Affairs, said he is eager for the two countries to progress from the general spirit expressed in201 words
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BRIEFLY...
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Article79 1982-05-28 1 Reuter BEIJING, Thurs. China will introduce export duties of up to 60 per cent on certain raw materials from June 1, the New China News Agency said today. The new tariffs will affect goods including coal, pig iron, rice, soya beans and sugar. Duty on coal wouldReuter - 79 words
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Article78 1982-05-28 1 UPI LONDON, Thurs. Britain today predicted its troops would recapture the Falkland Islands capital of Port Stanley within 48 hours, amid reports Argentina has a fresh consignment of deadly Exocet missiles and that a Peruvian Oew an Argentine warplane in attacks against the Royal Navy. A British governmentUPI - 78 words
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Article80 1982-05-28 1 UPI BALTIMORE, Thurs. In the most extensive public outline yet of America's military space policy, a US defence department official says space cannot be demilitarised and whoever controls it will be able to exert control on the earth. "Hopes for demilitarisation are only realistic in areas ofUPI - 80 words
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Article75 1982-05-28 1 UPI LONDON, Thurs. Protests, a bombing and a call to meet President Reagan with "hatred, raised fists and loaded arms" fuelled fears the American head of state's first European tour next month will be met by hostility and violence. Police in West Germany and France launched a crackdownUPI - 75 words
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Article62 1982-05-28 1 MANILA, Thurs. Philippine Prime Minister Cesar Virata told government finance executives today that next year's projected 72,000 million peso budget would have to" be reduced to about 63,500 million pesos to contain the country's rising foreign debt. Originally, the Cabinet proposed a total spending goal of 125,000 million62 words
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Article82 1982-05-28 1 Reuter TOKYO, Thurs. Japanese vehicle exports fell 5.8 per cent in April to 526,900 from 559,000 a year earlier, the ninth consecutive year-on-year decline, the Japan Automobile Manufacturers' Association said. The April total, however, was up 9.3 per cent from 481,900 in March, but down 10.3 perReuter - 82 words
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Article72 1982-05-28 1 UPI OTTOWA, Thurs. Japanese car makers prohibit dealers that stock their cars from buying Canadianmade car parts under contracts that may be illegal, Conservative MP Bill Jarvis charges. On Wednesday, Jarvis asked Trade Minister Ed Lumley if the exclusionary contracts were being discussed with Japan at talksUPI - 72 words
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258 1982-05-28 1 Lim Soon Neo - By Lim Soon Neo A MANUFACTURER of low voltage electric power cable is closing down because of overwhelming competition in the local market. Mr S Miyao, managing director of Far Eastern Cables and Switchgear, disclosed that his company will definitely be closing down258 words
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Article313 1982-05-28 1 Reuter JAPAN has announced a new set of measures to open its market to imports, including the reduction or elimination of 215 import tariffs. A foreign ministry spokesman said the new package, which also calls for a further easing of import procedures and the expansionReuter - 313 words
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Page 1 Advertisements
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Advertisement212 1982-05-28 1 .Times rrrrrerxi uruds SINGAPORE International Merchant Bankers achieved a 150 per cent jump in after-tax profits to $2.74 million last year Page 2 GARMENT and textile companies have responded encouragingly to the call for restructuring and upgrading of their operations Pag® S INDUSTRIAL countries face the prospect of a weak212 words
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Advertisement41 1982-05-28 1 TheChesaat the Hotel Equatorial thinks highly of aDirieisClub member The authentic Swiss atmosphere and charm of the Chesa among the many exclusive restaurants in Singapore who think highly of a Diners Club member. Call 294 4222 for your application form today.41 words
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Advertisement0 1982-05-28 1 ]%&*^'\($({+@()(*<}`'*_*!_}@&;[0 words
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Advertisement94 1982-05-28 1 Minolta copy quality. With reduction. TWENTY PA6E SUPPLEMENT TODAY I x v. THE PAST year has brought rapid growth and exciting new challenges for the banking and financial sectors in Singapore. Offshore operations have blossomed, established local ones have spread their wings. But what are the problems they have faced?94 words
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BANKING AND FINANCE
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402 1982-05-28 2 SINGAPORE International Merchant Bankers Ltd (SIMBL) achieved a 150 per cent jump in after-tax profits t0~52.74 million last year, with all principal activities performing well. In its investment activities, the company expanded its local client base. There were many opportunities for high returns402 words
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164 1982-05-28 2 THE Bank of Japan will Intervene in the foreign exchange market whenever necessary to support the yen which is presently undervalued, bank officials said. They did not disclose what level they think desirable for the yen but said the bank is concerned about164 words
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240 1982-05-28 2 Reuter INTEREST rates will remain at relatively high levels in the 1980s although there will be considerable temporary fluctuations, Deutsche Bank managing director Wilfried Guth said. In remarks to the InterNational Monetary Conference in Vancouver, Guth said persistent inflation, even atReuter - 240 words
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Article140 1982-05-28 2 Reuter THE Dai-Ichi Kangyo Bank sarit the yen has weakened due to poor performance of the Japanese economy mirrored in slower growth rate and dwindling balance of payments. The bank said in a monthly report both industrial production and shipments of producer goods continued to declineReuter - 140 words
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294 1982-05-28 2 Reuter THE B«viet Uatoa will ewtlaae to Nil Urge qau titles if geld aad plattaam greap metals to the Weet dirlig this decade to aeqaire hard earreaey far grata aad ether bnpertaat parehaaea, a repert by the U8 latortor Departmeat'sReuter - 294 words
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Article439 1982-05-28 2 THE foreign exchange market was not very active yesterday with no firm direction emerging from the day's trading. The US currency opened at 552.0950/60 against the Singapore dollar. The US dollar eased during the day's trading to close 70 points lower at 552.0680/90. likrtuk hrwtH rmfcs at 1439 words
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Article152 1982-05-28 2 THE dollar for overnight delivery in Tokyo yesterday closed firmer at 241.25 yen but below the high of 241.60 yen, with the Bank of Japan believed to have sold more than |100 million to defend the Japanese unit, dealers said. The US unit opened at the day's low of152 words
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Article22 1982-05-28 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.96 per cent.22 words
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Article192 1982-05-28 2 ASIAN RATES ASIAN currency deposit Interbank rates as at close on May 27: US DolUrs(Spot) Offer Bid 7 days 14 5/16 14 3/16 1 month 14 7/16 14 5/16 2 months 14 7/16 14 5/16 3 months 14V) 14H 0 months 14W 14H 9 months 14 7/16 14 5/16 12192 words
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Article42 1982-05-28 2 RANGE of price» offered by discount houwi on May 27: Overnight: Call deposits: Cloiiii Bayiaf SeUiaf 3-month Treasury bills 4 3H 3-month Bank bills 10 9 7 3 months CD 9*4 9*» 6 months CD 9H 9* Source: National Discount Co42 words
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Article49 1982-05-28 2 THE dollar in London yesterday remained firm at a quiet start to trading, underpinned by Wednesday's US trade figures. Opening quotes yesterday US -1.7960/67 Can 2.2254/80 Gross —1.2388/91 D Mk 4.1875/925 D F1 4.6575/625 S FY 3.5400/50 B FY coo 79.09/31 F FY 10.8560/775 Ut 2314.50/2317.50 Yen 432.72/433.8549 words
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Article382 1982-05-28 2 SINGAPORE gold futures yesterday closed generally easier than overnight levels in moderately active trading, dealers said. Opening prices were marked down between US$5 and $6.50 an ounce following the metal's weakness in New York overnight and then were little changed during the morning's trading before falling again in the382 words
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Article42 1982-05-28 2 Tarn Mm Nw York 6.39B 6.52B 6.46S 6 59S Zurich 6 42B 6 50B 6.52S 6 60S Wc4 TMs Singapore 6 KB 6 SOB 6 45S 6 60S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore42 words
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Article148 1982-05-28 2 THE US dollar in Hongkong yesterday eased against all major currencies in quiet, late foreign exchanges. There was little trading interest in the market in Hongkongfa due to uncertainty over the dollar's future trend and to the monthend factor. The dollar eased to 1.9705/25 Swiss francs from 1.9725/45 earlier148 words
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Page 2 Advertisements
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Advertisement135 1982-05-28 2 To a Carrier Man, nothing beats success Behind every Carrier contract is the most impressive array of technological, organisational and manpower support any client could ever hope for. The Carrier Man has at his disposal the unique Unikal Computer jpj W ■X- AT* f -mm c*** w m <•% ft135 words
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TRADE AND INDUSTRY
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239 1982-05-28 3 THE newly-elected executive committee of the Singapore Manufacturers' Association (SMA) will try to see how the SMA can "within its own means" overcome protectionism in export markets. Mr Ong Leng Chuan, who was re-elected chairman of the committee yesterday, said the SMA239 words
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299 1982-05-28 3 AN ENGINEER has recommended the use of concrete diaphragm walls instead of steel sheet piles when building deep basements like those needed for an MRT system. Dr Tony Chi of Chi and Associates said this is because diaphragm walls can penetrate much deeper than steel299 words
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414 1982-05-28 3 ANGELINE TAN - By ANGELINE TAN THERE will be as many as two to four anchor stores in the "new generation shopping malls" in the second half of this decade, instead of the current single anchor tenant in most shopping complexes of today. These shopping malls414 words
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Article169 1982-05-28 3 DR Wong Kwei Cheong, Minister of State (Labour), will attend the first Commonwealth Employment Labour Ministers' Meeting in Geneva on June 1. The meeting will discuss employment and labour issues relating to unemployment and underemployment; training and manpower development; industrial relations and worker participation in169 words
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527 1982-05-28 3 CHAN OI CHEE - By CHAN OI CHEE GARMENT and textile companies have responded encouragingly to the call for restructuring and upgrading of their operations. The latest figures available show that 18 companies have plans to invest a total of $41 million, over a two-to-three-year period, in new527 words
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Page 3 Advertisements
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Advertisement287 1982-05-28 3 Publishing ivsnisssr PUBLISHING RESOURCES LTD wishes to hire a JIJ:11 Ki For its established regional energy journal RESOURCES ASIA, the monthly journal has been well received by more than 6,000 regular recipients since it was launched, first in Singapore, two years ago. A seasoned management team has vigoriously developed the287 words
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Advertisement350 1982-05-28 3 Available at: tor mu/f de (artier Boutique* G36, Ground Floor, Lucky Plaza, Orchard Road, Gl9, Far East Shopping Centre, Orchard Road. Singaporeo923. Abo available in Singapore at: C.T. Hoo Pte Ltd 27, Tanglin Road Chew Chong Jeweller* 249, Shaw Centre. Cortina Watch GB, Colombo Court, G4-9. Lucky Plaza De Pen350 words
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Page 4 Advertisements
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Advertisement268 1982-05-28 4 PHILIPS PHILIPS People who depend on their equipment, depend on us. Professionals like dealing with professionals. Precisely why more and more professionals are turning to E.L.A.: the Electro-Acoustics Division of Philips. For more than a decade E.L.A. has been designing and manufacturing a selection of audio and video systems of268 words
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OVERSEAS
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149 1982-05-28 5 UPI A DECLINE in oil imports, almost to Arab oil embargo levels, helped pull the US trade deficit in April down to U*****.7 million, the smallest in more than six years, the US Commerce Department said. The April deficit was less than anyUPI - 149 words
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131 1982-05-28 5 AFP THE Malaysian government has Imposed a three-month ban on exports of crude palm oil (CPO) from Peninsular Malaysia and has frozen the issuing of new licences for refiners. The ban is effective from April. Deputy Minister of Trade and Industry Datuk Sharir AbdulAFP - 131 words
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489 1982-05-28 5 AP THE International Monetary Fund (IMF) said industrial countries face the prospect of a weak economic performance for the third consecutive year in 1982. The growth of their output may average only threequarters of one per cent, compared with one per cent inAP - 489 words
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159 1982-05-28 5 Reuter JAPAN must actively help rebuild the world economy by easing trade friction with other countries and by fostering cooperation with the US and Western Europe, said Japan's Federation of Economic Organisations, the Keidanren. At a general meeting on Wednesday, Keidanren called forReuter - 159 words
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WORLD IN BRIEF
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Article464 1982-05-28 5 Agencies THE loss of more than £200 million by Britain's Crown Agents between 1967 and 1974 was almost entirely due to incompetence. The official enquiry report criticised the Treasury, the Bank of England and the Ministry of Overseas Development for failing to act in time toAgencies - 464 words
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Article186 1982-05-28 5 Reuter US TRADE Representative Bill Brock said the US was prepared to get tough with West European countries that did not sign a new export subsidy agreement by June 15. He told a group of economists at a trade conference that Washington might be forcedReuter - 186 words
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Page 5 Advertisements
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Advertisement159 1982-05-28 5 n The dally Aircraft Schaduto has baan hakl over. Flight Information can bo obtained by telephone from the airport (*****34/542—88) or from the reepecttve airlinoa: Tel No: BIA *****33/Mfrmi, Qaruda 54X554, MAS *****22, CPA 5424CT5, Qantes *****44, BA *****55, KLM *****42/*****44, JAL *****44/55, UTA *****22. Information on othora can bo159 words
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Advertisement314 1982-05-28 5 ill Exhibition and Sale of Korean Chests Gallery 69, Hong Kong and Korea presents the finest selection of Korean chests ever to be assembled in Singapore. 0 gallery 69 f vW i I 4 See them at Singapore Century Park Sheraton Hotel, Connaught Room, from June 1 to June 5.314 words
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Article269 1982-05-28 6 THE STRIKE by Australian dockworkers because the Royal Australian Navy is having some ships sandblasted in Singapore is a perfect example of the chronic labour difficulties which plague businessmen Down Under and keep the Australian economy enshackled. It typifies the selfdefeating, belligerant attitude, also found in269 words
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Article227 1982-05-28 6 CLOTHS AND CLOTHES can be dirt cheap or they can cost small fortunes. There are countless choices between a dress that costs $3 and another that costs $30,000 or more. Textile and garment manufacturers obviously like to move as far up the value scale as227 words
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Article, Illustration1428 1982-05-28 6 RICHARD LAMBERT - The collapse of Braniff may lead US travel agents to start looking for the next airline bankruptcy candidate. But share prices of financially secure airline companies have rallied, and these should start making profits in the second half of this year. By RICHARD LAMBERTFT - 1,428 words
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Page 6 Advertisements
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Advertisement91 1982-05-28 6 St in if f 4+ Late flights mean an awful lot of disgruntled clients. That's why we at Lufthansa take special care in assuring that our flights to Frankfurt and 57 other destinations in Europe, depart... and arrive on time. Punctuality one of many qualities for which Lufthansa is famous.91 words
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Page 6 Miscellaneous
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Miscellaneous868 1982-05-28 6 tv&radio France under the leadership of Mitterrand THE MMMie, Metal aal Itrcip pißdw at Pruee Milt Ike gevera■eai at Prwlleat Mltterrami will be revkwed la ta■igfct'i Friday Baekgraami (Ck t,Ut). Fraaeels Mitterrand eaM the Preaek eaMervattoa rigbtwiag'i tS-year Mi «f pewer la May 1181 at Praaee la the Hl* vtetary868 words
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1193 1982-05-28 7 EDWARD FISKE - Potential for dramatically altering the intellectual life of mankind FORUM with EDWARD FISKE TECHNOLOGY has always been an important element in bow and what people think and how they communicate. In "The Republic, Plato spoke of the effects of the development of1,193 words
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Page 7 Advertisements
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Advertisement702 1982-05-28 7 The Laserk Promise Regent Motors makes owning the star car of the Bo's a real pleasure. a mwm v r i r j Regent Motors is a brand new team, totally dedicated to making owning today's new breed of Ford easier and more enjoyable. Buy a new Ford Laser today702 words
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Page 7 Miscellaneous
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Miscellaneous674 1982-05-28 7 TWO-IH-OHE CROSSWORD CRYPTIC PUZZLE ACRO6B 3 Test case? (5) 8 Nola's room (5) 10 Creature in existence (5) 11 Corporation vessel (3) 12 The Joining of hands? (5) 13 Sound place (7) 15 It's knocked out with a club (5) 18 Measure a piece of vellum (3) 19 Legislation keeping674 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article218 1982-05-28 8 MAY a rn CORBEILLE Alr-Uqulde BIN Oarvml* Plr^nt csr (TbomaonCit rimnemlM Dm Pvtrole* i s 1 1 1 1 3 34 ♦a -A3 Financier* CompacnM Oenerale Credit Foncler Da Fttnct Hachette (Ubr*lrt«),- Machine* Bull Mlchelln (B) PirlbM Pechlnej Cl«tn« Kuhlmann 369 m 3u» 1M Z 137 JO 73 1MJ0218 words
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Article75 1982-05-28 8 MAY X rn FORWARD MARKET AM* 00 Arb«d ISM Braacan TW -M Bra-Lamb UM Cwk 1M D> Baari 213 O rbn 1MD is Bectrobcl Ob-Inno-Bm rp— O00 +5 ZZ ir» -to Unhnk SIM SO Pttro R7I Dutch Stdro ftor dan Bate *M -10 ins -s ISM MM MM W»75 words
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Article160 1982-05-28 8 MAT a Aac-Tatofuakan *10 -1 Akm -*J Alls Leben itaooo -IS Alls Vers m.oo .1 RAHF 1X10 -02 Bay H T Wbank 211 00B unch R»v Vt»nk mm Bayer 120 40 -02 rut 1M00B BMW 306 50 -U Casaella 775 00 unch Cham Verw moo unch CommersDank 141MB Contl160 words
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Article164 1982-05-28 8 MAY M Franc* Action* Mil Mr MlHB H Aluaulaa* Br *M I Raf m unch Brown Bonn Br MO Cite Q«ley Br 1306 Cite Otlrj P C MIS unch Cite Otic; Rm. no Crwllt Sulaw Br im unch CrMIt Bute* R*f m -1 1 «n» unch Brff M Ototoua164 words
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Article160 1982-05-28 8 MAY M ru abn sasjo -OS Ahold 79 00 0.9 Akao -0-5 AMEV Amtai Amrobnk 91J0 TIJO IU0 -1J -OJ Bargo*. MM -02 Boll BorftumLj *10 100.00 -0# -J Burhmann CtlADd C&Jv« Delft SM0 JSJO ***** -0.7 4-0.1 unch Dell feilj 74.S0 -44 Knnla 1TIJ0 0.5 0J -02 OJ160 words
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Article86 1982-05-28 8 MAY s t JTf 14* J Bel Sim in CKitnlt Onl M *100 Cood Arqua Roma in KhdAnli ***** +110 rut Ord 1KB Oaoarell 1MB 1375 Oim BOO *100 in PUT 3040 *40 Invest, MOO *40 I talc* menu Ord moo *mo T~ PKH *J LapiUt Ord ***** *10086 words
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Article171 1982-05-28 8 p El Alfomi unch Bank Moot Bank Hon Scoua B«U Tal >•*» w v% B«Ui Con BP Can LM 2S-. Braacan Camp Had Lake Can Imp Bk Canpar ie« 1JH unch -lb Ctnptc In? PI Cirlln| QIC—ft JTH Con* Ball) I4M Coos Mirteoor kH Deniaon m rm Dom Stores171 words
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Article270 1982-05-28 8 MAT a Rand INDUSTRIALS A ilpk. ao -10 Abarcoa m unci) AS And CI oso amic iro M Bartow* 736 J C| Sugar CWA 1)H 100 -ao unch Cum* rintoc* 300 unch r»« a i~< Bdcon 1436 unch htrwdi rwi Vdu MO -S 115 unch Otitlian OKnapi at Hippo270 words
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Page 8 Advertisements
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Advertisement492 1982-05-28 8 [_\>|=)@!{+:>',^.}\{^?*':,|\:&: Where to wine, dine and entertain It 221 with the American Express Card <f The true Snffiporefhwmr Our popular Nonya Buffet Luncheon at a special price. With tongue tickling delights like Curry Ayam,Chap Chye and Sambal Timun, just to name a few. Take your pick, it's great food, going492 words
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Advertisement69 1982-05-28 8 P —4 I rT>v» 'rT v mrvQ Cochpft MM U PVnra Jtoad Vpo*r 0923 Te« *****11 < j c—. restaurant Try our sumptuous delicacies from the Hunan Province. Renovated additional new car park now ready for use 214 Dunearn Road. Singapore 1129 Tel: *****49,*****22 CI_J Very moderate prices Quick service69 words
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RAW MATERIALS
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Article174 1982-05-28 9 CHINESE Pndite Exduge, Siagapare, mm clMlag price» per 1M kg yesterday. CteMit ail: Bulk fob $100.00 sellers, old drum (in second hand drum) fob $112.00 sellers, new drum fob $116.00 sellers. Cmpn: Mixed (loose) $50.00 buyers. Pepper: Muntok white pepper fob Asta NLW $352.50 sellers, Sarawak white pepper174 words
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Article142 1982-05-28 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) CattM yara: China Blue Phoenix 20s 2,350 32s 2,900, 40s 3,106 (per bale of 400 lbs). Pakfatfaa raw mOm: LSS 5.87, 4F 5.76; 289F 5.94; NT roller ginned 5.83 (per lb). CLOTH in142 words
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Article315 1982-05-28 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.10, 100 per cent second class 0.92, 100 per cent third class 0.88, 25 per cent new crop no stock, B-10 per cent 0.81. THAI BROKEN. A-super 0.65, Special 0.58.315 words
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Article89 1982-05-28 9 SOYBELAN futures in Chicago yesterday retreated late on nervous long liquidation in view of the technical picture, to settle down V\ UScents a bushel to unchanged in deferred July. Traders interpreted yesterday's price action as particularly negative since the Large Professional House bought an estimated 20 million bushels between89 words
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Article76 1982-05-28 9 WHEAT futures in Chicago yesterday held gains late on follow-through professional demand, to close up 3''i to one US-cent a bushel. Heavy purchasing by the Large Professional House, estimated at a net 10.0 million bushels of July and be- lieved to be short-covering, accounted for yesterday's strength, traders said.76 words
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Article316 1982-05-28 9 COFFEE: Robusta futures were generally slightly steadier at midday, between £2 and £5 a tonne above Wednesday's close in traded positions. Volume yesterday morning totalled 3,319 lots of which a large proportion, 2247, were cross trades based in distant months. Physicals remained quiet with roasters generally sidelined. SUGAR:316 words
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Article123 1982-05-28 9 THE Kuala Lumpur crude palm oil market yesterday eased further on continued selling in moderately active trading, dealers said. June delivery in the south fell M|7.50 to $942.50 a tonne and central $4.50 to $943 while for July south dropped $15 to $935 and central $2 to $938.123 words
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Article68 1982-05-28 9 THE STRAITS TIN price In Peaaag yesterday remailed unchanged at MS».» a Idle, within the ITA Iswer sector price range d $21.15 aad 132.M, dealers said. The buffer stack manager contributed ta the steady taae at this level, taking mast are dlspaaala, while same light demand (ram ether68 words
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Article32 1982-05-28 9 Rubber Mny 27 Singnpore: June: 182.75 centa (up 1.50 centa) Mnlnyaia: June: 206.00 centa (up 0.50 cent) Tin: M 529.32 per kilo (unchnnged) Official offering: 171 tonnea (down 54 tonnea)32 words
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Article399 1982-05-28 9 RAS price* in cents per kilo yesterday Noon (per kilo) Buyers Sellers Int 1 R.S.S. prompt fob 181 00 182 00N Int 1 R.S.S. June 182 50 183 00 Int 1 R.S.S. July 186 50 187 00 Int. 2 R.S.S. 175 00 177 00N UK Cant 174 00399 words
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Article274 1982-05-28 9 RUBBER prices in Singapore yesterday closed slightly higher with June One RSS buyers quoted at 182.75 cents a kilo, up 1.50 cents from Wednesday s close. Morning prices were marked up slightly on covering interest and forward demand coupled with Inro's re-entry into the market. Afternoon prices were easier274 words
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Article113 1982-05-28 9 NOON 8SR aod SMR pnea yw afday RA8 J ant J«ly ICnrw it Mlkl (FarwarJ Mtk) Bayere Sallara Saltan SSR 20 (1 'too pallet) 182-50 163.SON 163.50 184.SON SSRSO (1 loo pallati iao.oo *****N 1*1-00 162.00N MRKLB j«»* My SMR CV ll loi pallet > VIM awsoN113 words
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Page 9 Advertisements
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Advertisement119 1982-05-28 9 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due May 31,1983 of: A The Mitsubishi Bank, Limited. D B S. Building 6 Shenton Way Singapore 0106 We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the interest period119 words
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Advertisement1214 1982-05-28 9 EUROPEAN ASIAN BANK BALANCE SHEET as at December 31,1981 ASSETS LIABILITIES Cosh m hond Balances with The Deutsche Bundesbank Balonces with foreign Central Bonks Balances on postal cheque accounts Cheques on other banks, matured bonds interest ond dividend coupons, ond items received for collection B«#s discounted including o) rediscountoble at1,214 words
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1567 1982-05-28 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified SECTION ONE INDUSTRIAL A COMMERCIAL Acma (3485)1,567 words
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Article202 1982-05-28 10 SING APORE UNIT TBI ST (MiMim 1 prtmm lor May S) The Commerce 2 97 3L2xd The Savings Fund 1.1® 179 S pore Prog Fund 1.33 140 S pore Sec Fund 205 213 S pore Invest Fund 1.12 l.IT S pore Equity Fund 129 135 ASA I NIT202 words
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Article2937 1982-05-28 10 Gr'» Gr's Net 1982 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr t'OOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 350 247 Acma 348 unch 14.5 3.2 4.1 12.4 96 348 334 Alcom 115 3.7 0.5 3.2 95.8 233 172 Allied Choc 1902,937 words
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Article1583 1982-05-28 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified D4DHSTBIALB Ae*a (3 MB 3 86S) (3 3 84 (2) 3 781,583 words
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Article279 1982-05-28 10 INTERNATIONAL Trait ud Flwrr Limited: Fourteenth AGM to be held at the Conference Room of Ong A Co Pte Ltd, 14th Floor, Tong Eng Building, 101 Cecil Street, Singapore 0106 on May 28 at noon. ISLAND Pealasalar Development Berhad: Twentieth AGM to be held at 1st Floor, Ban279 words
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788 1982-05-28 10 PRICES e4ge4 Iwr h Ok Singapore stock market yesterday bat there was hardly aay selling press are, aa refleeted la the law level e( trading activity. Had it aat been (ar a eeapie sf married deals to taillag mare thaa MMN aalts ia Hlad788 words
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Article580 1982-05-28 10 LOSSES were posted across the board on the Kuala Lumpur stock market yesterday as trading interest lapsed into its lacklustre vein. Share prices opened on a barely steady note but retreated slowly during the morning session. Fresh buying in the afternoon saw several singledigit580 words
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INTERNATIONAL STOCKS
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Article862 1982-05-28 11 STOCK prices In New York closed sharply lower on Wednesday as the market reflected Wall Street's disappointment that other major banks did not follow Citibank s lead and cut their prime rate. The Dow Jones industrial average dropped more than eight points during the day but pulled862 words
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Article339 1982-05-28 11 STOCKS in Hongkong yesterday closed easier under the pressure of profit-taking for most of the day, brokers said. The Hang Seng index finished 18.18 points off at 1,395.29 after having risen over 60 points in the last two days. Leaders were generally lower, with Cheung Kong down 50339 words
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Article250 1982-05-28 11 THE Sydney market yesterday softened following declines on overseas markets, a weaker gold price and little interest from foreign investors, brokers said. Trading was dull, with the All Ordinaries index falling 1.3 points to 509 and the resource measure 3.5 points to 383.1. MAT r CtnU250 words
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Article242 1982-05-28 11 SHARE prices in Tokyo yesterday, led by export-orient-ed issues and other blue chips, fell sharply as sentiment was dampened by the yen's weakness and the overnight dip on Wall Street in spite of the latest US prime rate cut, dealers said. The market average lost 45.56242 words
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Article77 1982-05-28 11 THE Manila market yesterday closed mixed as the commercial/industrial sector and mining stocks eased and oils firmed, dealers said. Turnover rose to 7.6 million pesos from Wednesday's 2.6 million pesos. MAT XI PMM *«t PtaU Hldgi AmJf Xlnlnf •jg am «um AB&O PtUI Z it -ti Bualo Ootd ■001377 words
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Article62 1982-05-28 11 SHARE prices in Bangkok yesterday closed mixed with cement stocks still popular in slow trading, dealers said. The Book Club index fell 0.15 points to 92.77 on turnover of 8.7 million baht. MAT n Bahta Aotftan Thai Ajlla ntn ■anatoH But M -I Bull Of Ayudhaya Ltd 1M uncti62 words
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Article815 1982-05-28 11 LONDON, Thurs. Leading shares generally edged higher, although trading remained quiet and nervous because of the Falklands conflict, dealers said. Gains of up to three pence were common and the Financial Times index at 3pm was up 2.1 points at 582.9. However, Courtaulds ended 2p lower at 87815 words
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Page 11 Advertisements
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Advertisement162 1982-05-28 11 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 29th November, 1985 of: V THE SAITAMA BANK, LTD. Rm 3601. Hong Leong Building, Raffles Quay, Singapore 0104. We hereby certify that the rate of interest payable on the above mentioned Certificates of Deposit for the162 words
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Advertisement332 1982-05-28 11 S4-r "♦SB wL vtj r is; li r'^nnnnn *Sc i Jl I ACB-FULL BANKING SERVICES INTERNATIONAL DOMESTIC ACB offers a wide spectrum of banking services tailored to the needs of clients seeking a flexible approach to banking. At ACB you'll meet a dynamic, qualified and experienced team of bankers. Whatever332 words
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Chief Price Changes
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Article147 1982-05-28 12 Rises H Leone Credit 5«0 40 Metro Hldga 780 10 P M R 1 267 7 Malayawata 224 6 1 C B 710 5 FAN 665 5 Rothmana Maia 318 4 U O L 306 4 Chen lad 220 4 Falls Ming Court 850 -160 D Keramat 880 -20147 words
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Article, Illustration146 1982-05-28 12 Rises E and A I 800 20 Pan E3ec 4220 Falls +6 D Keramat (1) 950 -50 H L Credit 600 -45 Bolton 266 -16 Sel Prop 585 -15 M Text 290 -10 Sim Lim 306 -10 UMV 560 -10 Seacorp HLInd 660 790 -10 -10 OCBC 970146 words
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Article43 1982-05-28 12 FINANCIAL TIMES INDUSTRIALS Wednesday 580.8 Tuesday 580.8 Week Ago 581.8 Thursday 1385.28 Wednesday 1413.47 Week Ago 1358.37 AUSTRALIAN INDUSTRIALS DOW JONES AVERAGE INDUSTRIALS Wednesday 882.4 Week Ago 886.1 Wednesday 828.77 ALL ORDINARIES Week Ago 835 80 HJLHANG SENG Week Ago 510.243 words
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Article, Illustration662 1982-05-28 12 SIOW LI SEN - Hill Companies Editor: Mano Sabnani By SIOW LI SEN UNITED Industrial Corporation has started a diversification programme which will transform it from a detergent-based company into a more varied corporate animal. Although the group has yet to finish formulating its overall growth plan, some areas have662 words
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Article515 1982-05-28 12 FOUR investment institutions, including a foreign company, will provide underwriting arrangements to the tune of Ms29o million in Kumpulan Fima's $600 million bid for publicly quoted United Plantations Bhd. The balance of the funds will be provided by Kumpulan Fima itself, mainly from a515 words
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Article179 1982-05-28 12 IN REPLY to a query from the Stock Exchange of Singapore, Aetna Electrical laiiftriei said its directors are not aware of any reason for the sharp increase in the price and trading volume of the company's shares. UNITED Piaetattees BM has requested the stock exchanges of Singapore, Kuala179 words
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LATEST
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Article58 1982-05-28 12 have reduced sharply yhe pre-tax profits of Datefc Baby Milk ladastriea (Mar iaya) by 84.3 per cent to MJ700.946 for the year ended Dec 31,1981. This was achieved on a turnover of MJ109.52 million, 11.2 per cent higher than that of 1980. The company has proposed a58 words
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46 1982-05-28 12 has reported mar- ginally lower pre-tax profits of MJ1.44 million, down 3.2 per cent from 1980. It has proposed a second interim dividend of 90 pence per 25 pence stock unit less 40 per cent tax.46 words
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395 1982-05-28 12 THE Hongkong k Shanghai Banking Corporation has agreed in principle to acquire TKM International, the largest confirming house in the world. TKM International is the international trade-finance division of Tozer, Kemsley Millbourn (Holdings) PLC of Britain. A joint announcement from the two companies said395 words
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Page 12 Advertisements
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Advertisement199 1982-05-28 12 FINE CHINESE ANTIQUES WORKS OF ART KWOK GALLERY Pte Ltd *****3, First Floor, Far East Shopping Centre, Orchard Road Tel *****16'*****42 THREE GENERATIONS OF EXPERIENCE SINCE 1918 *4 i I# 1 When you're investing in a timepiece Eastern Watch has the time for you V Y V \Wj 1% v199 words
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Advertisement6 1982-05-28 12 London stocks/Dow Jones in page 116 words
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Page 12 Miscellaneous
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Miscellaneous60 1982-05-28 12 OUTLOOK for Singapore today: Showers in several areas in the morning and early afternoon. Bflpart for 24 ham peter to 7JI pm m Nay CT at the alvpert: Maximum temperature 30.7 Aaaodated humidity 71 Minimum temperature 25.4 Aaaodated humidity Hours of sunshine *.40 Rainfall in millimetres Trace Total rainfall for60 words
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SHIPPING TIMES
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193 1982-05-28 13 THE CENTRAL Freight Bureau in Sri Lanka has decided to adopt a tough line with shippers and shipping agents who effect short shipments or excess shipments without its approval. The bureau believes that while short shipments cause a shortfall in carriers' anticipated revenue, excess193 words
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Article, Illustration574 1982-05-28 13 JAN LEE - By JAN LEE A LAST-MINUTE effort by the Far Eastern Freight Conference on May 14 to keep Maersk Line within its folds appears to have succeeded. Negotiations have concluded in an agreement "which will allow Maersk Line to serve its customers as a member574 words
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PORTSIDES
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Article117 1982-05-28 13 Reuter THE Trans-Pacific Freight Conference of Japan/ Korea, Japan/Korea-Atlantic and Gulf Freight Conference, Japan/Korea-West Canada Freight Conference and Japan/Korea-East Canada Freight Conference Jointly said the bunker surcharge of USUI per revenue ton, originally scheduled to become effective on June 1, will be reduced to $10 on thatReuter - 117 words
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Article65 1982-05-28 13 UPI THE Filipino skipper of a Liberian freighter has been jailed on suspicion of causing a collision that resulted in the fatal sinking of a Japanese cement carrier off western Japan. Maritime safety agency officials said Japanese authorities detained Rogelio V Ecojado, 40, captain of the 4,931ton JerryUPI - 65 words
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Article756 1982-05-28 13 Shlntag Llae Page CM ShlpftfagUae P*S* CM ArfUpekego Shpg Ale* MtmJCT Alltraaa A*ac KahtOng Aatara Shpg APCLIae AFL Argentine Arya Skpg ASCL Asia Mcrcbaat Atlas Lines tarnUae Auatraliaa Coat kl BiD-OhM BaMr Bangkok OoM Bulk Uae BnUat BHMT Statute Contractor vtn vra VI vn VI X V756 words
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Article607 1982-05-28 14 VESSELS Opes: Two units barges 60'x24'x6' NKK newly built available fairly prompt (the vessel is also available for sale). One unit barge 60'x25'x5' NKK newly built available fairly prompt (the vessel is also available for sale). One unit barge 120'x40'x8' NKK newly built available fairly prompt (the vessel607 words
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356 1982-05-28 14 WESTERN European ports may lose business as a result of a Soviet decision to build a new deep water port in the Baltic. It will be the largest deep water port on the Soviet Baltic coast. The port will be able t®356 words
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Article, Illustration578 1982-05-28 14 AP BRITAIN'S campaign to wrest the Falkland Islands from Argentine occupation could force the government to halt the steady decline of the British merchant marine, a leading expert said. "The Falkland Islands have shown that you can have all the warships in the worldAP - 578 words
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Article372 1982-05-28 14 SIMPLIFIED international maintenance and repair will be possible with the new generation of allsteel general purpose and open top containers recently introduced by Overseas Containers Ltd, Europe's largest container through transport operator. Nearly 3,000 GP boxes have already been brought into service with another 3,500372 words
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Article1576 1982-05-28 14 FAIRLY active chartering developed out of US grain ports on Wednesday with rates mostly ruling steady. Increased bookings were seen from the US North Pacific with two vessels booked for Egypt at the dearer levels of U5527.50 and $30.80 respectively, while $23.25 was agreed from the ««m» area1,576 words
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181 1982-05-28 15 Reuter THE WEST German Cabinet approved a Federal shipbuilding aid plan for 1964/86, deputy government spokesman Lothar Ruehl said. An Economics Ministry spokesman said the plan calls for payment of 652.8 million marks in interest rate subsidies on ship purchases to increase the internationalReuter - 181 words
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Article744 1982-05-28 15 Business Omy THE PHILIPPINES' 10-year shipbuilding industry development programme for *****987 has been shelved by the government in favour of a revised programme, which will begin in 1982 and end in 1987. The new programme, however, will only be preparatory In nature, providing the necessary foundation andBusiness Omy - 744 words
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456 1982-05-28 15 THE CALCUTTA Port Trust is planning to develop another container berth and set up a container freight station to feed the port's container terminal and to move loaded containers between Calcutta and Haldia, says Indian Minister of Transport and Shipping, Mr Veerendra Pa456 words
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Article214 1982-05-28 15 UNDER an agreement signed in Goa it was deckled that the Jointly operated Indo-Sovi-et Shipping Service would undertake 110 galling» between the two countries during 1982, compared with the 96 effected in the course of the previous year. The growing trade exchange between Trvtia and the Soviet214 words
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4860 1982-05-28 20 SHIPPING LIST where your ships are due and when SCHEDULE 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 Port4,860 words
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Article589 1982-05-28 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Mode Ship Voy Date/Time Operator Cargo Schedule Neptune Topaz 70S/71N 29.5.82 0700 NOL 49 1300-1400 TT Glory Ace 21A 29.5.82 1900 Leo Shpg 49 0200-0300/1700-1900 TT P. Madison 82/3 29.5.82 1500 APL589 words
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Article1877 1982-05-28 21 The leading shipping lines operating from local ports and their agents. A B AeUprlege Shpg Singapore Shpß Agencies (S) Euro-Asia Line (PN KL PK) Adriatir (aatataer Continental Feeders (S> Cargo Freight (PKi AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK PN) tfra-Earaata Uae Transgroup Pte Ltd1,877 words
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683 1982-05-28 22 FOLLOWING recent reports of intense competition between marine cargo war risk insurers in New York and London, it is now understood that the action taken by US underwriters was the result of an attempt to retain domestic business rather than to compete683 words
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Article595 1982-05-28 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES A1 Razlq Bela Rozo Bunga Seta war Eizan Maru Fortune Victory Llngyun Mendoza Rose Garden Maru Torre ns Frotadurban Asian Star Elisabeth Maersk Kim Soon Li Kota Banteng LCT Iradat Mega Taurus Mutsu Maru Ned Loire Professor595 words
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Page 13 Advertisements
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Advertisement374 1982-05-28 13 l The Singapore's Straits Business Times World DIRECTORY at your Of Fingertips Singapore (Buku Merah) cniTT. I |< I I I W I M Orient Overseas Co*ilci*teA. Line 21/6 22/6 24/6 26/6 24/6 25/6 26/6 2S/6 30/6 3/7 30/6 1/7 3/7 5/7 «/7 7/7 1/7 10/7 12/7 15/7 12/7 13/7374 words
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Advertisement306 1982-05-28 13 OSEALORDO UASC UNITED ARAB SHIPPING CO SAG/ J EXPRESS MULTI-PURPOSE SERVICES Loading for IP'-""' Dotal (16/6), InH (22/6). Mi (27/6). Ommrm (21/6). Mi Oktta (4/7) Onto (26/6). Ala DMbf (2S/6) Shan* (30/6). Mad (2/7). Qmmm* (4/7) Ka»at (6/7). Oak* (S/7) Mm Qtaoos (16/7). DM* (11/7). Ate OMt» (20/7). Ommm (22/7).306 words
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Advertisement0 1982-05-28 13 ,>"%$(?,+@}@^({-$,-^<%*)=)}[`/=0 words
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Advertisement705 1982-05-28 13 TRANSTMBER LINE BULK TIMBER/PLYWOOD SERVICE Regular, Efficient Reliable Services To JEDOAH ITALIAN PORTS /Q\ OCEANUS SHIPPING AGENCY PTE LTD CALL TEL: *****77 F« further details, sec Page VI MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: US. PACIFIC, GULF, ATLANTIC, EAST CANADA. ASIAN PORTS 90-31/5 54/6 12-13/6 19-20/6 26-27/6 3-4/7 11-12/7705 words
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Page 14 Advertisements
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Advertisement729 1982-05-28 14 mm FAR EAST/EUROPE CONTAINER SERVICE CwURw Unkt Feadtr f Vesstl LPDHOA to Port B PEMAAI 1 DAHJA 4/6 JUTUNOM I PORSA 11/6 MHON I BAMJA 18/6 KOMKMt B. KMM 25/6 B SURA B. OMUA 2/7 HOG.FT 29/6 1/7 6/7 6/7 1) Barcelona. Genoa. 2) Amsterdam. tatwtp. L.Hwrt. Basle, I*. 3)729 words
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Advertisement202 1982-05-28 14 BP SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA ■IT 1/1 4/i i/i i/i 17/S 11/ l 1/1 2/1 I/I 11/ l J7/I 2J/I a/I %n nn a/? a/7 a/7 a/7 1/1 «/i Wt Nanus "BARBER PERSEUS" 2/l/B. "BARBER MENESTHEUB" 4/1/12. "BARBER TONSBERG" 17/1; "BARBER PRIAIT 1/7/12 TO: PANAMA202 words
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Page 15 Advertisements
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Advertisement659 1982-05-28 15 OCL Overseas Containers Limited The Straits Steamship Group H STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok CONTAINfRSHIP SERVICE TO UK CONTINtNT Ita Li few* S'ton 27/4 29/4 22/4 M/ 7 M/ 7 11/7 14/7 14/7 M/ 7 21/7 23/7 11/7 27/7 2»/7 22/7 •5/1 17/1 31/7 13/1659 words
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Advertisement334 1982-05-28 15 NOTICE EVERETT STEAMSHIP CORPORATION SI A |/i "Maaoloeverett" Vojr. 61-W Arnfc SOU May IM2 Place af Survey: PDA. Gdaa. M/SO General Surve* on damaged carfo discharged ei the above veaael will be held on 28th May 1962 from 8.30 aja. No further aurvey will be held after this date. Franco334 words
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Page 16 Advertisements
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Advertisement586 1982-05-28 16 Jl Hapag-Lloyd TO CONTENT UK l*T >•» Frtatot Eqim Inarpoai It) City of E**>| Tata Eiprns EXPOfITS Atso accepting transhipment cargo tor CARIBBEAN/WEST INCHES »u Hamburg 10 MLDmtWAWA TO NOfctH IWIOPI HOllim* Connecting .n Koohsamg Connecting m Tokyo AKo accepting corgo tor ATLANTIC GUI.F PORTS via rrwulondbndge, and US MiD-WEST586 words
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Advertisement372 1982-05-28 16 I IS.S.L, mm KOREA SHIPPING CORPORATION STORE P. Kriant PENANG VEGA 173W 8-10 June 11-13 June 14-16 June FROM BUSAN BANGKOK VEGA 174E MO June 1113 June 14-16 kne TO BUSAN ALTJUR 177R 2S-30 June 1-3 My 4-6 My FROM BUSAN BANGKOK ALTAR 178E 21-30 km 1-3 July 4-6 July372 words
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Advertisement361 1982-05-28 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPT* fa ft la CMCO FOR »mo«ru n w M U*« 2/4 j/» w$ M/l H* n/f 1/7 (NT VNM U/( 4/7 4/7 1/7 11/7 11/7 1»H 21/4 24/4 4/7 15/7 17/7 19/7 71/7 22/7 also tcctPTME ia/ra t ra/ra to COTXMUK. MMfi COPOMKDI.361 words
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Advertisement902 1982-05-28 16 Everett Lines I J m Burma Five Star Sliippinf Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON B f S.S C Ag*nt» *1 MoloyM BOUSTEAD SHPHNG TEL NOS KL *****4/*****7— PKELANG *****1/8 PENANG *****1/8 Com pa km Atiwumm 0* Wiiunt" iMcfcamincmri S. A C.I f. "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN902 words
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Advertisement258 1982-05-28 16 SI NOSE MARITIME PTE LTD SANKYO LINE JAPAN/ somen cross i a/5 SUN UNION LINE ?mm ram load for l/c KARACN vimuMrfi "no Ir* COMHT IH_ 222(352/1 east m mm mmht a-inz/vrai (MLATSM TUfif I MNVT l!» MC7WIU7B KYOWA LINE TO PAPUA NEW GUMEA/SOUTH PACFIC Stewart fltkm lm+t Mr. C*ft258 words
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Page 17 Advertisements
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Advertisement836 1982-05-28 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) EAST AFRICA/REDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE Singapore Loading tor. KOTA CAHAYA V. E-2SO 10/15 Juno Karachi, Kuwait Dammam. Oubai KOTA SABAS V.W-3H KOTA TIMUR V.E-252 27/50 Juno Karachi, Oubai, Damnum, Kuwait Singapore 15/17 Juno Colombo, Karachi, tomboy836 words
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Advertisement856 1982-05-28 17 BENLINE CONTAINERS to turn gjilil Larp lay Fraatet Eiprtts LMpaMlay liprru CJty E**»|k Taßa Eiprru EXPRESS CONTAMER SERVICE TO/FROM EUROPE HBURG I HAVEN ROAM HAVW SO TON S port P Ming Ormanj < Austria Antwtrp Franc* AR UK Pn| Hm Bhantri Rdam Ha»re UK Glory Ac* l/l larp Bi y856 words
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Advertisement553 1982-05-28 17 [X kl I V 9 ft 'ft 1 ,i> /i I'/ r 5, J J i i 1 ft IV i t!» Scan Dutch 9 EXPRESS CONTAINER SERVICE WEEKLY Cionr MX 1/6 AHSON 3/4 a n itoos S SIM it ANSON 10 t rmcKssi?/i KINALIA 16/6 ANSON 17/6 I KUn553 words
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Advertisement539 1982-05-28 17 SPORE R'DAM HULL HMBG IVYBANK 14 Jun 10 Jul 13 Jul 16 Jul CLYDEBANK 28 Jun 24 Jul 27 Jul 30 Jul FORTHBAHK 5 Aug 31 Aug 3 Sep 7 Sep CORABANK 11 Sep 7 Oct 10 Oct 14 Oct Lukes/ 0 Lines U.S. GULF DIRECT SERVICE From Not* Kstn539 words
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Page 18 Advertisements
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Advertisement1455 1982-05-28 18 K LINE KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE FHDOt VESSEI STORE MOTXR VESSEL K. JACEWON VI7E SM "KISO MARU K PWEE* VI 4 tun JAPAN AMBROSE KIACEJMVI4E 11 Jun *NEW YORK MARU TOKYO N-YOM S'VMH SI KMI 14 )un 9 Jul 18 Jul 13 Jul 21 Jun 18 Jul1,455 words
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Advertisement406 1982-05-28 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lMdta( tm 105 MKUS UN FRANCISCO SATTU lACOM VMCOUKI IC »ct«p«w ra/ra cn—i AUSTRALIA EXPRESS CONTAINER SERVICE acc*mi ra/ra en—> P Mtm S part MrC AM Syd »cctt% "K MOM 1/3 law 4/b km* II knit 74 law Ira Fran ■y mmm- 19406 words
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Advertisement528 1982-05-28 18 KORINS MARITIME SERVICES !B Room 601, ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIOOIi EAST/RED SEA/EUROPE SERVICES S pore P KHan{ Loading For: BUNGA ARANDA —10 Jute Bandar Abbas/B. K hornet* BUNGA VMOA 14 June Bandar Abbas/B. Khornet* jTj \Hyundae Shipping Co. Ltd. ASIA MERCHANT528 words
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Advertisement637 1982-05-28 18 INTRASEA (PTE) LTD. Suit'-J'6l6 Pia.-a Anson fi<; Singapore 0201 T»- 2«?4r>5l i '10 BREAKBULK SERVICE TO EUROPE/UK Span F. KtUnfludnt tar ACROPOLIS BM1? 15 June 9 Jim BOULOGNE RDM* I* (AVON) Vessel Loatfng at Kali Knabalu ETA 7tti Jim FULL CONTAINER SERVICE TO EUROPE/UK Saigapore Laaing l«: m KM NB637 words
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Page 19 Advertisements
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Advertisement601 1982-05-28 19 TO EUROPE/UK (VIA SUEZ): S pore 0 CHEF 29* in Port K CHANCE BRI+ 2/6 SS BUDGE 36* 6/6 C CONTAfO 16* 11/6 K lACEWON IS 17/6 N GARNET 10* 123/6 Also accepting cargo to/from Scandinavia K CHANCE S pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ)601 words
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Advertisement623 1982-05-28 19 MALDIVE LINES ETA CT* ETA SPORE KUANTAN PORT KELANG MALWVE PROE In Port Loading For DUBAI/ DAMMAM/ KUWAIT MALWVE CREST 12/6 Loading For Salalah/Hodeidah MALWVE PUDGE 15/6 Loading For MUSCAT/DAMMAM/ KUWAIT OCEAN GLORY 5/6 Loading For Mal« MALWVE NAVIGATOR 15/6 Loading For Kuwait MALWVE PRIZE 15/6 Loading For feddah MALWVE623 words
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Advertisement1031 1982-05-28 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUILDING 55, Market Street Sin(apore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHARKAT NAN SOON SON BM> IST AND 2NO FLOOR SSK HAJ THONG SMPPMG 23 Netd1,031 words
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Page 20 Advertisements
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Advertisement695 1982-05-28 20 S S C Group SINGAPORE SHIPPING CORPORATION PTE. LTD 20 TN FLOOR OCEAN BUILDING SINGAPORE 0104 ARKETING *****2 13 GENERAL 91 3111 122 LINES) ELEX RS 2459S RS 2SS6B A a C ARSHIP CABt E CARGOSHIP l(e«|i(Nial Container Lines 2 SAILINGS A WEEK to/from BANGKOK ERTHING EVERY NOON TUESDAYS, SATURDAY695 words
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Page 21 Advertisements
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Advertisement98 1982-05-28 21 BALI SHIPPING PTE LTD Room 801, Bth Floor, Goldon Mil* Tower Booch Rood, Singopor* 0719. MONTHLY SAILING TO SOUTH 8 WEST AFRICA STORE IDG FOR ALBATROSS-I 30/31 May DURBAN. APAMI ABO JAN HNA GEK 15/16 Jura DURBAN fc C TOWN ACCEPTING TIMBER GENERAL CARGO S PORE TEL: *****14 (4 linos)98 words
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Advertisement274 1982-05-28 21 EGYPTIAN INTERNATIONAL LINE (EH) EGYPTIAN FLAG ,p i n shippmg pit i to 1119 World I'arif Crntrf M,r tmr Squjf* Spore 0409 Hi RS ***** Ifl ?'3BBll B»j< ?7iS3«I 7HSJB? ftf-.T Mil l<rSl» HSH M Srtn Bhtf *1 let J***** 4860?, Pf Kf« lei 1869% Id J97IS Pfnjnf Ifl }6>!?88274 words
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Advertisement298 1982-05-28 21 CARGO SPACE AVAILABLE ON UNER VESSELS LOADING FOR MADRAS. COLOMBO. CHITQa, CALCUTTA, RANGOON, KARACHI. IKK, MAMLA, MUSCAT. DUBAI. DAMMAM. KUWAIT. ALEXANDRIA. MARSEILLES. RDAM, REUNION. DURBAN. CAPTOWN. ANGOLA. JAK, BAMARANG, SURABAYA A PLADJU INDOGULF FREIGHT SERVICES TEL *****00. *****01 TELEX RS ***** INDGUL TIGER EXPRESS LINE Una Unkt to MTTMOK CKOffU298 words
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Advertisement100 1982-05-28 21 MIS, WmM Phc, tam 14 S>an «2*7 M *****11 (5 few) 224H11 T*i IS 2*29 RIMM REGULAR COWTAMER SERVICES FCL AND LCI TO; AUSTRALIA, NEW ZEALAND, UK/EUROPE, USA, CANADA, .HONGKONG, TAIWAN OTHER PORTS/DESTINATIONS ON REQUEST HUAT SHIPPING CO, (PTE.) LTD.: tnoMinoMi hmk tint float. sm im/t» STOK KI7 IRJ ZMill/lIKM100 words
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Page 22 Advertisements
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Advertisement636 1982-05-28 22 BEB3 HAJ SHIPPING SDN. BHD. IS) )At AN HNGKU BAOAK MIANL Ml iKSS/K <KO9S < Kill Ma t%46 HAISHP HAMDAHV: 5/S2 HAMDAH V: 6/S2 HAMDAHV: 7/12 "HAYATI V: 7/82 •HAYATI V: 1/12 •HAYATI V: 9/S2 PENANG ETA ETD 5/12 In Port 29/5 6/82 13/6 15/6 7/12 1/7 3/7 7/112 1/12636 words
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Advertisement343 1982-05-28 22 MAGNA MARINE LINES MECT com WO I BREAKBULK TO I FROM SOUTH AFRICA WESTBOUND SERVICE MV GOON. VAIDES M-12 (K! 1979) MAGNA VOT *-13 MV BESSANG PASS VOT M-l« (BIT 1975) SMGAPORE PT KELANG IOADMG FOR SU> SLD REUNKJN. TAMATAVE DURBAN PI. CAPETOWN S/C l/l do 7/7 5/7 do EASTBOUND343 words
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Advertisement348 1982-05-28 22 SINWAH CONTAINER LINE REGULAR COHT WO UNER SERVICE TO AUSTRALIA, Id ZEAL AM) AM) FAR EAST M.V. XfHJA MEN VIN M V XINHUA LONG V2N ETA S port 12 June 20 km ACCEPTWG CONTMOtSED CARGO FOK MANILA, HONGKONG, SYDNEY, MELBOURNE AUCKLAND AND WELLINGTON General Agents TICK FDR SMffM t HTtWMSES348 words
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Page 22 Miscellaneous
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Miscellaneous156 1982-05-28 22 Regional Weather I sea i 1 I Li K s >V y*» SA 1 > K /v> °c cP" Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R. Thunderstorm Temperature *C Shower Weather Wind direction with speed in knots156 words
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Article1269 1982-05-28 23 FIVE YEARS AGO, many in Singapore and elsewhere were still talking of the economic miracle that transformed the republic from a tiny port in the region to a growing giant in financial and business activities worldwide. That miracle has been hardearned. And it is a miracle1,269 words
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Page 23 Advertisements
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Advertisement76 1982-05-28 23 !A^\= 1 sn ulmjkS EJ H 1 BVJ IiSBN SfewlP S<El€T€ G€N€RAL€ A \TwJ\ Tbml S3 ■~f > K •t tipis <•' t SWK "S I* saw® •T mm 3K !*r m &J i£. ■K, Sjfoa&i ar V V w Sfcv H ti vV «> >' t K •*v y*76 words
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Advertisement490 1982-05-28 23 2 N: i n Vh: (i rl iJ INSIDE THE PEOPLE BUSINESS Training programmes play an increasingly vital role in bank thinking Pate Tin PLEASING FOR LEASING? Not all the time, but it remains a sector with huge potential (or growth Page Twe A GAMBLE ON THE FUTURE The financial490 words
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Article, Illustration1339 1982-05-28 24 BARRY VOLPERT - Young aspiring bankers used to climb up their career ladder by first becoming clerks. They were expected to observe carefully and learn slowly. Some 25 years later, they became managers. Training programmes at local banks today are more sophisticated. There are courses and seminars, held at the1,339 words
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Article, Illustration1504 1982-05-28 24 By the LEASING ASSOCIATION OF SINGAPORE IN THE Government's plan for industries to automate and mechanise, leasing will undoubtedly become more important in financing new investments. As the experience of the industrialised countries has shown, leasing can effectively boost the level of investment byBy the LEASING ASSOCIATION OF SINGAPORE - 1,504 words
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Advertisement109 1982-05-28 24 OCBC Profile of Excellence. When you bank with OCBC, you'll be backed by a tradition of banking excellence that has made us what we are today. A leading bank, not only in Singapore but also in South-East Asia, OCBC has the financial trust of a great number of well-known individuals109 words
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1280 1982-05-28 25 ROGER LAWSON - Vin ancte x ISO* By ROGER LAWSON ER LAWSON, manager of Continental Bank's Corporate Treasury A GROUP of people from a wide cross-section of the Singapore financial community gathered together earlier this year to pool ideas on the achievement of a common1,280 words
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Advertisement421 1982-05-28 25 DIAMOND SINGAPORE FUND certificate OVCWMj*** *a*. T.ujtcu vto CtHTIFICATF *T f> i V* 9Ea »v* m trf. la H, Thinking of Investing? OUB is your answer. Give your capital an opportunity to grow with us. Consult our experienced personnel for investment in: Diamond Diamond Singapore Fund, the first in Asia,421 words
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Article, Illustration1938 1982-05-28 26 RICHARD SEAH - By RICHARD SEAH MY BANK IS BETTER. < The slogan is used in an advertisement. Strangely though, the advertiser is 1 not a bank but a manufacturer of business machines and computers. Yet the text of the advertisement aptly de-1,938 words
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Advertisement191 1982-05-28 26 m r, .< s-r x i 1.. i <' *•fjfr< \i jf t i < **> 'n, v V V sr t<: f X <f r. x ft V, 4* r a_ v^Ba^X^C^K *SS*7* > .•.-jwc*-;-:;^^ -vs. 'x* •**i v International banking problems? The Hongkong Bank in Singapore puts it191 words
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Advertisement70 1982-05-28 27 > -.1 vi .vfc, Hyatt Hotel Exhibition Centre Booth 06 (Nutmeg Road) June Ist 3.30 pm 7.00 pm (By invitation only) June 2nd 3rd 1.00 pm 7.00 pm (Open house) June 4th 11.00 am 7.00 pm (Open house) CITIBAN<O m U Come and see Citibank's advanced electronic banking services at70 words
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Article, Illustration1669 1982-05-28 28 RICHARD DEMOULIN - Room for two? Hongkong and Singapore have been cast as rivals in the race to be the premier financial Ni,.\ centre in Asia. RICHARD DEMOULIN, manager of i, A Lloyds Bank International, examines I he P° Bit,on he wo ancl1,669 words
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Advertisement296 1982-05-28 28 MY BANK is BETTER -V S3 awuMkn 2OS ASIA COMMERCIAL BANK LTD ,'i ft ---t fTTT LAI ACtCM***. *0000 OCT. 1981 D LaCarte BNP BANQUE NATIONAL£ 06 (WIS Asia Commercial Bank Banque Nationale de Paris m n Chartercard C.I. STHIOL cammumw* *****0 Vte*UVT& m* ma Chartered Bank r v C/L296 words
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Advertisement449 1982-05-28 29 It V one thing to pursue new opportunities in business it's another to support them. That is whv you should have a sound plan when it vomo to equipment hnatK ing a financial plan from Armui Pacific. Arnuo I\u itu is a subsidiary of Anmo lik «»ne ot the largest449 words
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Article, Illustration1320 1982-05-28 30 D B NORTHROP - Take up the challenge and reap good trade financing prospects By D B NORTHROP senior advances manager of the Chartered Bank THE FINANCING of trade has existed as long as trade itself and the roots of trade go back to the very beginnings of civilisation. Financing international trade1,320 words
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Advertisement293 1982-05-28 30 SAL LEASING gives you more mneage fdr your money. Si v r V£M SB I h Why buy when you can lease at a fraction of the cost? Take advantage of the SAL economics of leasing—and enjoy the many benefits of this increasingly popular mode of business financing. To begin293 words
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Advertisement345 1982-05-28 30 The Unique SAVINGS CARD that pays DAILY INTEREST "i i r I' .a? he card that pays DAILY INTEREST which no other savings account does the benefit of a REVOLVING CREDIT LINE when needed. On Line Real Time facility at any of our branches. OUR RANGE OF FACILITIES: Accounts Receivable345 words
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Article, Illustration1256 1982-05-28 31 Apart from traditional European investors and dominant Japanese borrowers, the Asian dollar market has attracted a diversification of issuers from the Asian region and as far afield as Latin America. Yet another group of borrowers has joined the market, its participation of which1,256 words
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Advertisement386 1982-05-28 31 ABN.The Dutch Bank? Do they know much about East Asia? it m ru V a* 3r i* %S <7* 8? sat je T V r a > .v s 1? Si JL r* <r t Hi i jC 1 6 a* :\W V QC£A H us zZ&z&Z > V M386 words
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Article, Illustration2211 1982-05-28 32 BARRY VOLPERT - More buttons and screens! Bigger units, a broadening of activity, a welter of electronic gadgetry and much closer customer relations those are the main areas where bankers expect changes in the next 20 years. But traditional values will continue to underpin banking activity, as BARRY VOLPERT explains. BARRY VOLPERT BY2,211 words
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Advertisement297 1982-05-28 32 Wc are moving with the times, but still bound to tradition. For a bank, we have set an impressive growth record since we first started in 1954. Industrial and Commerical Bank is backed by solid capital assets and over a quarter of a century of local and international banking experience297 words
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Advertisement92 1982-05-28 32 WE PROVIDE YOUR HNANGIAI NEEDS IN ASEAN NEW YORK FRANKFURT )ON If m SEOUL \l\ I AV |i' roKvo PARIS BAHRAIN \\NN V;: r v i -M-. V^-, Vv/j' y;v V?HON(i KOW s J V; -g-V ROME .V. V 'l-> '7 >?1 >V;\ V l^/A '-Av/t &#st 36 TW mm92 words
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Advertisement252 1982-05-28 33 Va! jH%v in 11 Ss NG N I wPO 1 ySp jmi&SziSffry^s^t 11 fr% IJBL.— t i J SSlsfcys&S n m SIJ f? 1 ill ill li¥f SB xjr 111 g# /♦w- V*A *%.+*k u E£ jflj fi *Li A 4K i EXPORTING TO EUROPE? |1 p jjf. i| |j||252 words
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Article, Illustration1778 1982-05-28 34 GAN KHAI CHOON - E> mm />|g| Crnm 0 M n It N 1 E s The image of a finance company in the 1960s was generally bounded by family ties, old ways of financing and, almost inevitably, by a core of housewife-customers. Do1,778 words
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Advertisement168 1982-05-28 34 «H ii a ii i i M ililit, |i •>•1111 iiiiii mm iiiiii J 111 Ml Ml Mi Mi Ml I I Ml IM 111 111 111 -A >l| »l| Hi i h h 11 i til hi experience With more than 3 decades of experience In Singapore and over168 words
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953 1982-05-28 35 GEORGE THIA - There is a general lack of understanding of the role of merchant banks. One businessman calls them "macham banks" which sums up what the business community thinks of them. GEORGE THIA, director of Morgan Grenfell (Asia), discusses the role of merchant bankers and looks953 words
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Advertisement199 1982-05-28 35 Now,we offer you more than just complete banking services... METROBANK UNIVERSAL BANKING GROUP Philippine Savings Bank International Bank of California, L.A., California, U.S.A. First Metro Investment Corporation First Metro Leasing and Finance Corporation First Metro International Investment Co., Ltd., Hong Kong The Charter Insurance Company, Inc. Pan Philippines General Insurance199 words
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Advertisement319 1982-05-28 35 BANKING FINANCE SOFTWARE SOLUTIONS BY CSA The On-Line Real-Time Database Specialist T he cop >[ >ut< finano x iticx fxosent txj f jiv and gr< wth f Your Ir-Cibion hav«' to tak» >roduct bu* SUOI ort S» T.• r »v> tip*_> iatabaso 'iVo ci. and dtstntXiVKl data f •ssirxi v319 words
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Article, Illustration2392 1982-05-28 36 GAN TJOEN HOK - "SHIFT TOWARDS MERCHANDISE PERCEPTION OF GOLD" I Weigh spot against the futures market j By GAN TJOEN HOK deputy general manager of UOB Bullion IF THERE is such a thing as an attitudinal measure on institutions' perception towards gold, we could perhaps place the US Institutions on oneSource:; Sources: Morgan Guaranty Trust Company. International Monetary Fund - 2,392 words
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Advertisement198 1982-05-28 36 At Bank Of Singapore, friendly and personalised service has always been our tradition. Matched by total online computer service for that fast efficient performance. It's our pleasure to show you how we can be your personal and family bank. i u 7/*' Your personalised service bank BANK OF SINGAPORE UTO198 words
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Advertisement165 1982-05-28 36 30 years 9 banking experience in S'pore... At the Bank of India, we specialise in providing COMPLETE MODERN BANKING FACILITIES OF EVERY DESCRPTION at your disposal. As the most important trade and financial centre of South-east Asia, Singapore has attracted more and more multi-nationalised banks to its shores. And the165 words
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Advertisement1415 1982-05-28 37 The Swiss Bank Corporation in 1981 Total assets at the end of 1981 amounted to 5fr.87.6 biHion. About Sfr.6.o billion of the Sfr. 13.5 billion or 18% increase came from the inclusion of precious metals accounts in the balance sheet figures. Net profits of Sfr. 322 million were Sfr. 351,415 words
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Article, Illustration1916 1982-05-28 38 SOURCES OF SHIP FINANCE: The shipping industry has a wide range of funds from which to choose special national shipping funds, loans from development institutions, such as the World Bank, export credit, \r£ leasing EBRAHIM SHABUDIN (left),1,916 words
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Advertisement184 1982-05-28 38 m r :r r m £H;.. Ij aKH r~ ifcj A'il w. raw ®s*'- "fj \wl** ?iili H I'F ~rr T v't i; > <"|. '1* i m -i It W r :jA VI »J .iliLfsMsSiy 3 to p.^mdf '"jN re VI V m m. Efficiency. Business in Asia has184 words
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Advertisement1375 1982-05-28 39 (Incorporated in Pakistan) Established 1941 THE ONiy PAKISTANI BANK IN SINGAPORE WITH OVER BRANCHES IN PAKISTAN 1, 79 BRANCHES ABROAD Rs 1,039 MILLION PAID-UP CAPITAL RESERVES Rs 31,005 MILLION DEPOSITS Rs 48,155 MILLION TOTAL ASSETS This in brief is Habib Bank the oldest and largest bank of Pakistan. Its computer1,375 words
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Article, Illustration1867 1982-05-28 40 BERNADETTE CHOOI - OFFSHORE BOOST FOR ASIAN DOLLAR MARKET By BERNADETTE CHOOI FOR EVERY MONTH this year, at least one champagne opening event took place to mark the official entry of an offshore bank into the market. And today, after the arrival of the first offshore bank almost 101,867 words
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Advertisement91 1982-05-28 40 In the world of Industrial Finance, Forward Oversea Credit Ltd. clearly leads the way. Whether it is the financing of just One piece of equipment or a whole industrial complex, the FOCL approach is innovative, competitive and modern. And it is strong! It is a joint affiliate company of the91 words
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Advertisement185 1982-05-28 40 There's an easier way to own a house. "it. •a it O/ /c o a !<• ii 3 o/ /c DBS Finance O r m CPF US ii <* H 8 i j I m AP 3234 DBS Finance now makes it easier for you to own a house with185 words
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1224 1982-05-28 41 SOH TIANG KENG - By SOH TIANG KENG DISCOUNT houses play an integral part of Singapore's financial system, providing the link between the Monetary Authority of Singapore (MAS) and banks and other financial institutions operating in the money market. After 10 years of phenomenal growth, they are1,224 words
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Advertisement507 1982-05-28 41 4 v f I It's a good habit to save for a more colourful life I at Lee Bank Your bank for a better hie. With Tat Lee Bank you ean find efficient courteous service, and professional expertise to help sou sa\e wiselv. and to handle sour financial needs tor507 words
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Article, Illustration1742 1982-05-28 42 DOWNSIDE RISK OF BANK STOCKS IS MINIMAL By HOCK LOCK SIEW "CAUTIOUSLY optimistic" are the words most frequently used by investment analysts and industry experts when asked about the outlook for the banking sector this year. There seems every reason to support their view givenBy HOCK LOCK SIEW - 1,742 words
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Advertisement368 1982-05-28 42 AT THE HEART Of KUWAIT'S TRADITION nK TBAPg We d minate the KUWAirs' MOST EEs Oil-rich Kuwait exports round the world-imports 80% ofgross domestic product. After thirty centuries experience, trade is first nature to the Kuwaitis. Rich in oil as it is, Kuwait nonetheless imports 80% of its gross domestic368 words
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Advertisement219 1982-05-28 42 ft I' m lr m TV f*L "T m Zm'i *4 bv m rT s V: ft v-3> DEPEND on the Dutch bank on hand in Singapore We've had a branch in Singapore for several years now, and we identify closely with the Republic's business community. 'We' are Amsterdam-Rotterdam Bank219 words
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