The Business Times, 19 May 1983
1983-05-19
1
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The Business Times
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Title Section11 1983-05-19 1 BUSINESS TIMKES M.C.(P) No. 67/1/83 THURSDAY, MAY 1», 1183 60 CENTS11 words
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425 1983-05-19 1 SINGAPORE will be one of the earliest beneficiaries of the world economic recovery now under way, a Singapore-based American economist, Or Eric Rasmussen, said yesterday. He emphasised that a world recovery, led by the revival of the US economy,425 words
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182 1983-05-19 1 Reuter INDONESIAN President Suharto has issued details of the postponement of major oil and gas-related projects, shelved because of balance of payments difficulties, the official Antara news agency said. The ethane and ethylene portions of the US$l.6 trillion olefins petrochemical project, for which ExxonReuter - 182 words
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706 1983-05-19 1 JOHN LIM - By JOHN LIM A TOTAL of 7,261 workers from 144 companies were either retrenched, laid-off or placed on a shorter work week in the first two months of this year. The world recession was the reason most often cited by the affected companies, according706 words
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507 1983-05-19 1 Reuter THE BANK for International Settlements (BIS) will grant no more bridging loans to sovereign borrowers seeking short-term funds as a step towards a permanent adjustment programme. BIS central bankers, attending an international monetary conference in Brussels organised by the American Bankers'Reuter - 507 words
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BRIEFLY...
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Article88 1983-05-19 1 Reuter THE partnership between the US and Japan, without which neither could prosper, is in serious trouble because of differences over economic and security issues. A panel of experts at the UN said yesterday that "the deep reservoir of goodwill, accumulated throughout 30 years of joint effort,Reuter - 88 words
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Article61 1983-05-19 1 AFP THE Hongkong currency hit the historic low of 7.002 to the US unit yesterday after a futile intervention by the Hongkong and Shanghai Bank in the morning. Except for a brief spell at around 10am when the Hongkong Bank intervened by selling the US dollar, theAFP - 61 words
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Article83 1983-05-19 1 AUSTRALIA is to reduce its migrant intake by almost a third next year. Mr Stewart West, the Federal Minister for Immigration, said yesterday that the migrant intake for next year would be held to a ceiling of between 80,000 and 90,000, down from earlier estimates o*83 words
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Article81 1983-05-19 1 Reuter THE US House of Representatives yesterday passed legislation extending through 1988 a federal programme to develop domestic sources of natural latex to meet demand now met by imported natural rubber. The Bill creates an office of critical agricultural materials to coordinate federal efforts to developReuter - 81 words
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Article57 1983-05-19 1 Reuter THAILAND'S budget for the 1983/84 fiscal year beginning on Oct 1 will increase to 192 billion baht from 177 billion in the current year. Deputy Finance Minister Suthee Singsaneh said in Bangkok yesterday that the budget to be presented next month gives top priority to economicReuter - 57 words
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Article58 1983-05-19 1 AP PROTESTING Lebanon's troop withdrawal agreement with Israel, Syria declared yesterday it would not receive US presidential envoy Philip Habib and Libya recalled its ambassador from Beirut. As the Habib ban was officially announced in Damascus, the Libyan embassy in Beirut confirmed that Colonel Muammar Gaddafi's governmentAP - 58 words
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Article69 1983-05-19 1 Reuter TUESDAY'S late rally on Wall Street extended into early trading yesterday as the bull market continued to assert itself. On Tuesday, the market staged a final hour rally which allowed the Dow Jones industrial average to close with nearly a three-point rise and the average climbedReuter - 69 words
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Article90 1983-05-19 1 Reuter THE PENTAGON tow as* Bed rqpMi that H ptoaa eaT" waSaT' i«« traffic apMy M M pat thevahn ef the aircraft at OW Tf"ln. la jMdfytac the sale, wkleh Own ant appro, the Peatagaa aM af West Is Fast efl toakar «raffle freai theReuter - 90 words
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370 1983-05-19 1 LOH HUI YIN - By LOH HUI YIN THE Petrochemical Corporation of Singapore is in the market for fuel oil yet another sign that Singapore's $2 billion petrochemical complex is beginning production soon, after many months of delay. It is seeking 1,500 tonnes of 2 per cent370 words
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339 1983-05-19 1 THERE is a mood in Asean to broaden the areas of regional coorporation, said the Foreign Affairs Minister, Mr S Dhanabalan. Ideas and policies, he said, which have spurred Asean in the last seven or eight years are now ready for a new phase339 words
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Page 1 Advertisements
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Advertisement236 1983-05-19 1 lops ri Car Aucio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore: Phone *****22 Kuata Lumpur Phone *****3/*****0 Penang: Phone *****/***** Jakarta: Phone *****9 raaaz TREASURY Secretary Donald Regan has urged Congress to increase the United States' contribution to the International Monetary Fund lest world trade be imperilled Page236 words
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Advertisement60 1983-05-19 1 to I lav FINE PUTTERS Used by Winners of most championship tournaments. All Ping Putters incorporate the latest technology in engineering, design and construction. Its performance proven by 24 winners of the 1982 PGA and LPGA tournaments. See the range at selected departmental stores, golf and pro shops. Sole Agent:60 words
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Advertisement43 1983-05-19 1 Published end Distributed by |RW| FEDERAL PUBLICATIONS fffit 2 Jurong Port Road. Singapore 2261 A member of The Tima« Organisation BTW. Executive cars Executive trucks. Executive trucks? <» p v MITSUBISHI BTW The car truck rental company you must have heard of. Phone. *****30,*****57.43 words
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BANKING AND FINANCE
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474 1983-05-19 2 AP US Treasury Secretary Donald Regan has urged Congress to increase the United States' contribution to the International Monetary Fund lest world trade be imperilled. "Economic conditions are, at this point, just as grave as military threats," Mr Regan told the Senate AppropriationsAP - 474 words
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164 1983-05-19 2 Reuter THE head of Austria's largest bank said that it was unfair for officials to ask banks to make new loans to the Third World while at the same time criticising them for being imprudent in previous lending. Hannes Androsch, chairman of Creditanstalt Bankverein,Reuter - 164 words
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232 1983-05-19 2 Reuter BRAZIL'S leading creditor banks balk at the prospect of stepping in and making up a growing shortfall in interbank deposits to the country, banking sources said. Efforts to persuade banks to increase their interbank lines apparently have met with little success.Reuter - 232 words
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233 1983-05-19 2 Reuter THE Federal Reserve Is expected U add further reserve* to the hashing system to stfset tlghtaess caused principally by payments m Msnday fsr the Treasury's US$l5 billion May refaadlag, msaey market analysts «Id. The Fed arranged easterner repurchase agreements sf $1.2 bUlton andReuter - 233 words
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294 1983-05-19 2 Reuter THE creation by Sumitomo Bank of a $400 million certificate of deposit facility with 16 overseas banks will be followed by other leading Japanese banks, finance ministry sources said. The facility, which permits Sumitomo to issue sboQL-teqD CDs any time withinReuter - 294 words
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Article144 1983-05-19 2 Reuter THE Japanese government is considering increased interest rates on official yen credits to developing countries from the current basic range of between 1.25 per cent and 4.25 per cent a year, government officials said. The rates applied to credits, which vary according to factors suchReuter - 144 words
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407 1983-05-19 2 GASTON THORN, president of the European Commission, has called for closer cooperation on monetary problems between the European Community, the United States and Japan. On Tuesday Mr Thorn told the International Monetary Conference a meeting of bankers from 21 countries the European Monetary System (EMS)407 words
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Article173 1983-05-19 2 Reuter THE Bank of Japan said that its surplus after taxes and costs totalled a record 649.7 billion yen in the second half of fiscal 1982 ended last March 31, up from 643.5 billion yen in the first half. The central bank's October-March net profit, equivalent toReuter - 173 words
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MONEY AND EXCHANGES
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Article22 1983-05-19 2 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 9.09 per cent.22 words
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Article180 1983-05-19 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on May 18: U8 D»Uara(8BOt) Offer Bid 7 day* 8'« 1 month 9 SH 2 month* 8'<t 3 months 8 1/16 115/18 6 month* 9W 0 9 months 9* 9* 12 months 93/16 93/16 DM. 8W.FI*. MUJU 1 month 3180 words
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Article45 1983-05-19 2 RANGE at prices often Ed by dlscount houses on May 18: Overnight: 3 Call deposits: 3 3 Closisg 3-month Treasury bills 2% 2 Vi 3-month Bank bills 79/16 77/16 3 months CD 7 5/16 73/16 6 months CD 7M 7* Source: National Discount Co45 words
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Article517 1983-05-19 2 THE US dollar opened weak and eased further against major currencies on the foreign exchange market yesterday. It managed to firm slightly against the mark but was unable to recover from a massive drop against the German unit before opening. Dealers reported moderate trading. The US dollar opened517 words
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Article282 1983-05-19 2 GOLD FUTURES in Singapore yesterday closed slightly higher in quiet trading compared with Tuesday's closing levels. Total sales for the day, including kerbs, was 636 lots. Prompt closed slightly higher at U*****.30/ 443.30 an ounce compared with $438.00/ 440.00 on Tuesday. June at $444.00/445.00 against $439.00/441.00 and August at282 words
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Article40 1983-05-19 2 New York 13 43B 13 00B 13 SOS 13.07S Zurich 13 15B 12.80B 13.256 12 90S Tim Singapore WOT 13 38B 12.S8B 13 «S 13.OSS Closing price* in US dollars a troy ounc t. Source: Credit Suisse, S'pore40 words
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Article42 1983-05-19 2 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $65 million 91-day Treasury bills to be issued from May 23 to May 26. Each tender must not be for less than 1250,000.42 words
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Article112 1983-05-19 2 THE US dollar yesterday ruled steady against most major currencies apart from sterling in moderately active but featureless, late trading. Sterling rose to U551.5585/95 on light shortcovering support from an early $1.5573/83, but compared with a New York's $1.5595/5605 close The Hongkong dollar was quoted at 6.9820/50 to its112 words
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Article65 1983-05-19 2 THE dollar yesterday closed steady at 232.90 yen in dull trading which reflected uncertainty over US interest rate trends. The dollar for immediate delivery was last traded yesterday at 232.66 yen, after being untraded on Tuesday. Forward dollar rates fell slightly from Tuesday's close on volume of $171 million,65 words
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Article45 1983-05-19 2 Opening quote* yesterday US 1.5600/10 Can -1.9800/25 Cross -1.2311/14 Dink 3.8365/8405 D F1 4.3136/80 S FY 3.1915/50 B FY con 78.63/75 F FY —11.5620/5770 Lit 2282.35/2284.96 Yen 362.93/363.47 D Kr 13.6666/6800 N Kr 11.0875/0985 S Kr 11.6780/6900 Aus Sch 26.99/27.02 Port -152.91/156.13 Spain 214.70/9945 words
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Page 2 Advertisements
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Advertisement313 1983-05-19 2 MEDIC-ASIA® '83 Time to inject new life into medicel and hospital equipment 'J A 4 •JF- B Medic-Asia 83, S E Asia 3rd International Medical and Hospital Equipment Exhibition will once again convene at the World Trade Centre. With nearly all of the 5,000 square metres (gross) exhibition area being313 words
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Advertisement171 1983-05-19 2 Uniwdl H Don't Just buy computers, buy UNIWELL! Calling all Distributors and Wholesalers! Let UNIWELL manage your business more profitably through higher productivity. (1) CONTROL YOUR MONEY: Refund, Cash Paid Out, Accounts Receivable and Account Payable. (2) CONTROL YOUR STAFF: Individual Staff Performance Report. Managers and Cashiers Performance Report. (3)171 words
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TRADE AND INDUSTRY
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393 1983-05-19 3 AMERICAN book publisher McGraw-Hill intends to increase its investment in Singapore by 20 per cent a year from the current total of US$2 million. The fresh funds wili be used for product development. staffing and new facilities. Mr A J Burke, president of McGraw-Hill393 words
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298 1983-05-19 3 TWO hundred and seventy grassroots union leaders will discuss the new role of labour unions during a threeday camp at Pasir Ris starting May 27. They are likely to be joined by the new National Trades Union Congress (NTUC) Secretary-general Mr298 words
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Article234 1983-05-19 3 TELECOMS has announced that the insurance limit for surface insured letters to the Canary Islands will be $1,230 per insured item instead of $1,800. It said the revision, which took effect on May 15, was initiated by the British Postal Administration which handles surface insured letters to the234 words
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Article, Illustration252 1983-05-19 3 SINGAPORE companies stand to gain some significant orders following its participation in the food and beverages trade display held in Melbourne recently. Total sales expected by the eight participating countries could reach {10 million. A spokesman for the Singapore Manufacturers' Association said at the conclusion252 words
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365 1983-05-19 3 EIGHTEEN banks, including Singapore's Big Four, yesterday signed a US$B6.6 million loan to Korea's Ssangyong Construction to finance part of its construction of Raffles City. This is Ssangyong's first syndicated loan raised in the Singapore and Asian dollar markets. Previously, Ssangyong, which365 words
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197 1983-05-19 3 THE number of workers employed by American companies in Singapore last year totalled 64,500, an increase of 8 per cent compared with 1900 figure. They accounted for 5.5 per cent of the Republic's work force, slightly above that in 1900. These findings were made197 words
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378 1983-05-19 3 LIM SOON NEO - By LIM SOON NEO ASEAN countries should cooperate in research and development in consumer education and information in order to avoid duplication of resources. This suggestion was made by Mr Ong Teng Cheong, Secretary-gener-al of the National Trades Union Congress and Minister without378 words
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Article, Illustration132 1983-05-19 3 JONATHAN Siadall has been appointed general manager in Asia for McGraw-Hill International Training Systems. Mr Sindall, who will be based in Singapore, was previously a division manager for MITS in Europe, responsible for marketing the Tratec series of sales and management training materials to the European business132 words
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Page 3 Advertisements
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Advertisement152 1983-05-19 3 As tfye tasks djapge, so njust tl?e requirenjeijts for seating. The Designer's Collection has been designed to be responsive to a wide variety of J individuals doing a wide variety of jobs. I By meeting their postural requirements, the chairs work with the occupants to keep them alert, active, productive152 words
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Advertisement99 1983-05-19 3 THE REAL COFFEE TASTE THAT'S WORTH ITS WEIGHT IN GOLD. 4 Y i i 1 T *Z if -f \«*s< 11«- mid }»l« •iifl is si iix rif ir < »»ft«-.-, in«i(|<* <•>.( Insivly from our lion t»f 11rm st (((li es, I !i« s«- I Immiis »»r♦ < .irrfnily99 words
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Article725 1983-05-19 4 ARRIVALS Service Local Operator Number Time > From BA BA14 0045 SYD/PER PAA PA5 0015 JFK/SFO/HKG MAS MH601 0820 KUL MAS MH671 0905 KUL MAS MH811 0910 PEN SIA SQ103 0945 KUL RBA BI421 1000 BWN G1A GA887 1020 LGW/FCO/BKK MAS MH603 1020 KUL CAL CB14 1030725 words
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OVERSEAS
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722 1983-05-19 4 Reuter UPI THE next few months are crucial for the Opec price agreement and the cooperation of non-Opec producers is essentia] for it to bold, Indonesia's Mines and Energy Minister Dr Subroto said in Jakarta. The world oil glut forced the 13 memberReuter; UPI - 722 words
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135 1983-05-19 4 UPI THE bead of NASA's space shuttle programme and a Defence Department official have endorsed President Reagan's plan to clear the way for commercial operation of unmanned satellitelaunching rockets. Lt Gen JamesAbrahamson, Associate NASA Administrator for Space Flight, told a House committee that participationUPI - 135 words
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430 1983-05-19 4 AP A KEY Congressional committee, heeding President Reagan's plea, has voted to free money for development and testing of the MX missile. A pleased Reagan said he looks forward to "prompt approval" of the missile by the entire Congress. "I'm gratified that aAP - 430 words
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339 1983-05-19 4 AP AUSTRALIAN newspaper magnate Rupert Murdoch is expanding his satellite communications interests in a move which could give him a worldwide media and services network. A spokesman in London confirmed yesterday that the bid would be made through buying into a European earthAP - 339 words
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215 1983-05-19 4 Reuter THE price of aluminium briefly touched an all-time high on the London Metal Exchange on Tuesday after news that China had concluded a deal for buying the metal. Dealers said that after the Canadian producer Alcan Aluminium confirmed an agreement with Beijing, theReuter - 215 words
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250 1983-05-19 4 UPI THE Sri Lankan government, citing threats of violence, ordered a state of emergency enforced one hour after polls closed yesterday in elections seen as a test of strength for the ruling party. "There have been reports reaching the police of attemptsUPI - 250 words
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299 1983-05-19 4 Reuter AP BRITISH Prime Minister Margaret Thatcher, her Conservative Party opinion polls in the run-up to next month's general election, is cautiously optimistic about victory. Looking ahead to more than two more five-year terms in office, the 57-year-old prime minister told party workers during aReuter; AP - 299 words
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160 1983-05-19 4 Reuter OFFICIAL figures published on Tuesday marked a drop in Britain's industrial output in March, casting doubt on the ruling Conservative Party's pre-election claims of economic recovery. The UK Central Statistical Office said output slipped by 0.9 per cent between February and March,Reuter - 160 words
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WORLD IN BRIEF
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Article423 1983-05-19 4 Agencies BL CHAIRMAN Austin Bide said BL, which lost £223 million pre-tax in 1962, is maintaining its goal of breaking even by the end of this year. He said at the anmuti meeting in London there was no prospect of BL paying dividends in the foreseeableAgencies - 423 words
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224 1983-05-19 5 Reuter AUSTRALIAN trade unions are seeking a 2.2 per cent wage increase to cover the rise in the consumer price index (CPI) in the first three months this year, together with increases linked to the CPI for the rest of the year.Reuter - 224 words
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152 1983-05-19 5 Reuter THE Bank of Japan, in a monthly economic report released in Tokyo yesterday, said there are signs of recovery in Japanese exports as customs-cleared shipments in April rose 3.1 per cent from the preceding month when there was a 1.8 per cent month-on-monthReuter - 152 words
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Article153 1983-05-19 5 Reuter SOUTH Korea envisages that its gross national product will reach about US$lOO billion in 1968 at 1982 prices compared with $66 billion in 1962. Chung Yung-euy, Assistant Economic Planning Minister, told a meeting of bankers in Seoul on Tuesday that South Korea expects anReuter - 153 words
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264 1983-05-19 5 UPI ALTHOUGH Soviet scientists enjoy a windfall from American technology, the flow of information is oneway because US researchers ignore Russia's technical literature. Mr Eugene Rivin, a Moscow-educated engineering professor at Wayne State University in Detroit, said yesterday that the US was losing a lotUPI - 264 words
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483 1983-05-19 5 Reuter AMERICAN Commerce Undersecretary Robert Dederick has predicted that the housing industry, aided by declines in mortgage rates, will continue to help America recover from the recession and that the pace of new construction will remain robust. "Mortgage rates continued to decline inReuter - 483 words
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360 1983-05-19 5 Reuter PRESIDENT Reagan said yesterday that he saw no role for the Soviet Union in Middle East peace rj»lic<g and expressed hope that Syria would withdraw its troops from Lebanon in spite of Soviet pressure. "I don't think that negotiations should includeReuter - 360 words
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Article270 1983-05-19 5 Reuter THE Soviet Union has accepted President Reagan's offer to start negotiating a new long-term grain deal. Reagan, who suspended talks on a new agreement 16 months ago after the imposition of martial law in Poland, offered to resume them last month under pressure fromReuter - 270 words
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381 1983-05-19 5 AP Reuter PRESIDENT Reagan has said that there is no serious disagreement in the Western alliance on the subject of East-West trade. He asserted that past differences have been overcome and that potential increases in US grain sales to the Soviet Union areAP; Reuter - 381 words
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Article333 1983-05-19 5 Reuter PRESIDENT Francois Mitterrand of France delivered a sharp new attack on US economic policy, raising the temperature between Paris and Washington before the Western economic summit in Williamsburg, Virginia next week. He said: "It is not normal that we should pay for the American budgetReuter - 333 words
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Page 4 Advertisements
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Advertisement188 1983-05-19 4 Pan Am To USA Daily At 7.20 am To San Francisco, Los Angeles And Beyond. Pan Am.You Can't Beat The Experience. For clear financial directions, turn to Inter-Alpha Asia. 4 ii It requires highly developed professional skills to interpret changes and movement in world money markets. Inter-Alpha Asia offers the188 words
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Advertisement153 1983-05-19 4 &s tlje tasks djapgc, so njust tlje for scaling. The Designer's Collection has been designed^|MK to be responsive to a wide variety of individuals doing a wide variety of jobs. nHK. By meeting their postural requirements, the chairs work with the occupants to keep them alert, active, productive and happy.153 words
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Page 5 Advertisements
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Advertisement202 1983-05-19 5 x m > v if you demand excellence You'll rent more than just a car The 1983 fuel injected Volvo 240 GLE is now available for rent. A leaner look to match the power of its all-new 1.9 litre fuel injected engine. Completely redesigned bonnet, grill, backlights and a plusher,202 words
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Article583 1983-05-19 6 A BRIDGING loan is like a non-medicated plaster over a wound. It prevents the troubles of a debtor who is deep in financial difficulties from worsening; it buys time for the debtor while he takes steps to remedy his predicament. If the time is put to583 words
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Article, Illustration1459 1983-05-19 6 ANTHONY MORETON - Long associated with cheap products, the Hongkong textile industry is now in danger of pricing itself out of markets in the West. ANTHONY MORETON here examines the economic forces that are working against the industry ANTHONY MORETON FT HONGKONG'S vital textile industry is being seriously buffetedFT - 1,459 words
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Page 6 Advertisements
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Advertisement291 1983-05-19 6 WE'D LIKE TO HELP GIVE YOUR CHILD A FIRST CLASS EDUCATION. Being an expatriate, based far from home, your children's education can be a cause for concern. An ideal solution is close at hand the International School of Singapore. International standards Recognised by Singapore's Ministry of Education, it is the291 words
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Page 6 Miscellaneous
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Miscellaneous753 1983-05-19 6 CRYPTIC PUZZLE ACROSS 1 Don't knock us, madam <«) 7 One double-crossing us once again (3-5) 8 It pours down in an awful avalanche (4) 10 Drink after drink (8) 11 Stop and stare, possibly, outright (6) 14 Scottish bed? (3) 16 Light to carry (5) 17 Not now the753 words
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Miscellaneous815 1983-05-19 6 &:RADIO SINGAPORE 5 3.00 PM Opening folowed by Dynasty (Mandann/r) 3.45 What's My Line(b/w): Mystery guest on today's show is Celeste Holm. 4.05 Hawai Fhre-0 Sing a Song of Suspense (r) 4.55 Freewheelers Black Box: Colonel Buchan's black box" mystifies every one, including Steve and Mike. 5.20 Kidsworld: Child reporters815 words
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Article, Illustration1918 1983-05-19 7 STEVE LOHR - The Japanese Ministry of International Trade and Industry, its influence on industry much diminished since its heyday in the *****, is still a key element in Japanese industrial policy today, in this first of two articles, STEVE LOHR traces developments at the ministry from the veryNYT - 1,918 words
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Article808 1983-05-19 7 KEITH STAFFORD - By KEITH STAFFORD Reuter JAPANESE scientists are pressing ahead with the development of tiny electronic circuits, hoping to take them to the point where they will be invisible to the naked eye. Their aim is to create smaller consumer goods, computers and communications systems and make themReuter - 808 words
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Page 7 Advertisements
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Advertisement208 1983-05-19 7 A one-day Seminar on y Shopping Centres JUne Bth 83 Pavilion Intercontinental Singapore Modern Design Criteria Concepts. How to create a strong visual impact Shop presentation interior image. Current consumer profiles/Changing tastes Needs. Marketing strategies. Cost effects in shopping centre ma 91 Shopping Centres Any Future? Supply Demand analysis. Lim208 words
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Advertisement90 1983-05-19 7 s > Our customers had good reasons for deciding on NEC. Cbdra-28 m m An NEC Key Telephone System specially designed for smaller businesses with increasing telephone needs. It can handle up to 12 outside lines, 28 key telephone sets, 2 Direct Station Selection/Busy Lamp Field consoles and accomodates a90 words
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Page 8 Advertisements
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Advertisement293 1983-05-19 8 Where to wine, dine and entertain AMERIG&NI ■EXPRESS with the American Express* Card If you don't already have the Catf, call *****33 for an application lorn" V I I 4ft s»» rt^sri»< ,es r,*«^>° ,he<iay $12* p« r EfJJSI-»•■■«- >_rl to W M"** C i w <*£ tonight a Whole293 words
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Advertisement195 1983-05-19 8 übertuK (SriU For lunch. For dinner. For a richly rewarding experience M.i,! ><. •>■!. r:,-. K Ntu i ;.i. Si:»i<i iv. ■I But!.- In'. ,im !v Hi r f or reservations call 7379b77 i W I'iiiiin I'urli SlMniiiiii' Siii^niiNtiv We have them both at La Ronde Continental Restaurant. Here traditional195 words
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Advertisement231 1983-05-19 8 A -•TU r« I \H// > M/ B CSZ Discotheque N We're blasting off tonight and every night at Para Wave Discotheque Take off to the stars... groove to the pulsating rhythms spun by the dynamic music makers, Solosa Sound Services Business Hours A First Drink Charge: WaaKdays Sundays 9pm231 words
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Advertisement285 1983-05-19 8 Magic in the air Mara master of Illusion. MthelmtfHapplnessv'Jbp of the Hilton. CWnese Dinner 8f Show. TVw>nkiits only. May 24th 8t 25th No cover charge for diners. $12.50 per person for non-diners. Showtime 9.30pm. A lOXSenice Charge and 3% Goitrnment Tax will be added. Lufthansa nviuanrmiiu A great plaoc tobe.285 words
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Advertisement245 1983-05-19 8 Ik V I A 7 H(f lVw/v rb c-nbm y Cljr f; fflrballton <f>nll a 4 ft JK ■^sT 1 n .if* dim m l! iimmii I.iiikiiiv I'iiiii, Kih til J'm t in I'iwn Hid <in .1 Si I\ i i .i-.iti I iiuiiml i<i ilu li\« iii< 11.iinnit ni245 words
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RAW MATERIALS
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Article174 1983-05-19 9 CHINESE Pntoec Exchange, Stigapwt, mm flwhg prices per 1M kg yesterday. CocMat eil: Bulk fob $112.00 sellers, old drum (in second hand drum) fob 1125.00 sellers, new drum fob $129.00 sellers. Capra: Mixed (loose) $64 buyers. Pepper: Muntok white pepper fob Asta NLW $350.00 seUers, Sarawak white pepper174 words
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Article196 1983-05-19 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) CettM yara: China Blue Phoenix 20s 2,490 32s 3,220, 40s 3,300 (per bale of 400 lbs). Pteee gosds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly196 words
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Article327 1983-05-19 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-god own: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.04, 100 per cent second class 0.74, 100 per cent third class 0.70, 25 per cent new crop 0.58, B-10 per cent 0.68. THAI BROKEN: A-super 0.62, Special 0.58.327 words
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Article129 1983-05-19 9 NOON SSI R wl SMR pncaa yeeterdoy HAS SSR 20 SSR50 MRELB (l ion pall* (1 toe palWl Jm (Cyrrei laym L) 204 SO 1) 200 SO Jaj aa il MU> Saltan 206 SON 202 SON M Jaly (ParwaH Mtfc) Bayere Saltan 206-50 207 50N ***** 203.SON129 words
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Article120 1983-05-19 9 THE Malaysian palm oil market yesterday closed easier in quiet trading. In May, south and central fell MJ2.50 each to $860 and J855 a tonne respectively while in June, south lost 15 to 5860 The refined market saw June and July RBD palm oil fall US$2.5O to $402.50120 words
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Article103 1983-05-19 9 SOYBEAN futures in Chicago on Tuesday fell from midsession, closing one to three US-cents a bushel lower. May traded in a tVi cent range. Prices rose initi tally as locals covered short positions from the previous session Soyoil futures closed mixed, while soymeal ended lower. Soymea] fell 10.70 to103 words
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Article108 1983-05-19 9 WHEAT futures in Chicago on Tuesday closed 2¥« to 1 Vi US-cents a bushel higher in light trade. May traded in a 2'/4 cent range. Trade talk of upcoming export business supported values, as did news that the Soviet Union will <tisrn« a new long-term grain agreement in June.108 words
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Article829 1983-05-19 9 COFFEE: Robusta coffee futures were mixed at midday and featured a net drop of £81 a tonne from Tuesday's close in near May. May fell up to £150 at one stage in mid-morning before recovering £70. May continues to look strong with a premium of £266 over July829 words
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Article275 1983-05-19 9 RUBBER prices in Singapore yesterday closed slightly lower with June One RSS buyers quoted at 219.00 cents a kilo, down three cents from Tuesday's close. Morning prices were marked down slightly on stale bull releases and lack of buying support, dealers said. Afternoon prices lost further ground on continued275 words
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Article336 1983-05-19 9 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers lat. 1 R.S.S prompt f.o.b. 218.00 219 OON Int. 1 R.S.S June 221.50 222 00 Int. 1 R.S.S July 225 00 226 00 Int. 2 R.S.S 210.50 212.50N UK Cont 209.50 *****N Int. 3 R.S.S. 206Jo336 words
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Article32 1983-05-19 9 Rubber; May 18 Singapore: June: 219.00 cents (down 3.00 cents) Malaysia: June: 239.50 cents (down 1.50 cents) Tin: M 530.75 per kilo (up one cent) 127 tonnes (up 22 tonnes)32 words
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Article59 1983-05-19 9 THE STBAITB TIN Price I» Peaaag yesterday galaed a Mat te M53t.75 a Uk, ""'tly iae to the haffer stack manager's aecsaat, dealers said. The sew level was still wtthia the ITA Iswer raage sf $21.15 aad tXZM. Dealers said there was aa ratfaaiag ar fareiga are la59 words
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INTERNATIONAL STOCKS
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Article973 1983-05-19 9 NEW YORK A LATE rally allowed stock prices on Tuesday to close slightly higher as the market continued to resist any attempts at a correction. The Dow Jones Industrial Average was lower most of the day but moved up in the last hour to close with a973 words
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Article267 1983-05-19 9 MAT 17 Rand INDUSTRIALS A Alpha no Abercoo AE And CI m 1000 unch unch fir* 900 3300 unch unci) Barlowa C O Smith 1346 3300 -S CM A Currw Finance De Bwn In d Edcon 400 unch Uan radVolk ***** 300 ♦sco PUflt Oratemn 400 Hlveid Lib Holds267 words
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Article191 1983-05-19 9 MAY IT Francs Actions SulaMi AJuautaac Br. Alusukaae Rh Brown Bowl Br. Cite Oelgjr Br. Cite Oalgj PC Cite Oalo FUt Credit Sul«c Br Credit 8uUm Ret Elcktrowatt Br. Oeorje Fischer Br OloOua Pe m OH 2M -1 l« 4 1306 IMS 1MB an aoas ao MO mui 10191 words
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Article178 1983-05-19 9 MAT IT FY. COBBEILXE Air-Liquid* II M Owmia C 8 F (TtKMBaonCl* kinnlM 6m Patrotw Crvdlt Fonder D* rranc* Hacbattt (Ubralrtai ■Thin— MtcbaUn Omnium Pnant W" 0 Pill lamp* 8 A Royal Dutch 1»T «7J mi 1MJ0 UDCll uncb -4.1 1* Ml 1066 «a io MS «r wr 19*178 words
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Article26 1983-05-19 9 MAT IT Dm Aaa-Talafunkan 4- Li src 144 70 I«* ♦4.1 lira* 11 JO 44 IJ 33M0 SUI mm MUM 4-T 41 1 ggjE 3126 words
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Article86 1983-05-19 9 HAT n m FORWARD MARKET *mc m -o Artad IW -M totur m -10 Brmaemn IM -S Coapac 1H6 Cock 114 *1 D» BMX «i -5 BOM ZBC BactroM am uncb 10 OO-lnno-Bm MO -M Or» X11J unch Of Bra ut Mi uncb Hobo* «M -1« ttro M unch86 words
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Article72 1983-05-19 9 MAT n LIT* BuU«l mn ti MM ISM Central* Ord Cond Acqut Roc mm iM -ft ♦f Krldmnu TIM M rtal Ord rm Oanarall IBM 2115 QUB 3018 in prn 4740 ISO Invest aw 56 IUJe*BM(iU Ord am iaoo m ♦13 Lepcut Ord asm unch JH MM *tOO nm72 words
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Article165 1983-05-19 9 MAT n AM Akao n* TT1A0 uoch mm +1 AIOV Amlu Amrobnk 2zr" ftata Bo*t AnrKt Catead ttflul -XT ***** -1« WAO ♦0l» U At 30J0B -OA •AH +0.7 156-00 uacit no# +u <AOO uncA SAO uoch (Ml Mil Knnla WIM -U TOJO -1A mm unch IMO -t tt>165 words
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Article178 1983-05-19 9 MAT IT CS AblUbl ts Alc&n 1 H H unch TV PS 'T f r SI H Red Ltki n *e i* s M IE H unch Cann CarUr Cmbl K kff OKwh fm Lk H -f 1H H uncb -K unch Cn B Corou hit a a wo178 words
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Article338 1983-05-19 9 HONGKONG THE stock market yesterday closed narrowly mixed with prices recovering from early lows on sporadic local buying towards the half-day session close, brokers said. An initial decline reflected the weakness of the Hongkong dollar, which fell to a record low of 6 9860 9910 to the338 words
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Article293 1983-05-19 9 MAT U Centa INDUSTRIALS An 143 1 A N I ]gt unch A P M Aberfoyle I no +1© A*c 215 unch Alliance OU to unch Allied Mill 1® unch Am pot Exp Am pot Pet lot I'M 10 Am <a unch Athlon 1M -2 Asaoe Pulp Utfp I293 words
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Article105 1983-05-19 9 MAY U Acoje Mining Peaoa Anglo Phil Apex Mining B AUu Con ZZ 0 004 0.014 unch 3S 50 -0.5 Baguto Ootd o out ***** Bulr Petroleum Benguet Con. B CDCP First Phil HMga Uptnto B. 0 01 101 unch unch 103 7.10 014 unch unch >0 003 Martnduque105 words
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Article381 1983-05-19 9 BARGAIN hunting in blue chips and buying of issues boosted by favourable reports yesterday pushed share prices higher in moderate trading. Sentiment was boosted by the upturn on Wall Street on Tuesday, dealers said. The Tokyo market average rose a provisional 26.61 to close at 8,598.84 on381 words
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Article107 1983-05-19 9 MAY U Bants Aotham Thai Asia Fibre AyuUiaya In* And Trust Bangkok Bulk Bank Of Arudh^rm 354 ♦1 Bala Shoe ISO unch BtrU Juckeir Charoonf Thai Wlr» no ♦I Firestone rim Trust Ooodyar Industrial Finance Corp Jalaprmttoan Cement IK 1» unch I Maboonkhronf 140 Metal Box 1U0 SO JO107 words
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Page 9 Advertisements
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Advertisement119 1983-05-19 9 OMENTAL RESTAURANT Cantonese Cuisine At Irs Best <• ft m "festy tim-sum titbits for a real treat! Daily Business Hours: Tim Sum Lunch: 11 am to3pm(AMK only-7.30am to 3 pm) Dinner 6.30 pm to 10.30 pm RESTAURANT AngMoKio Bfc 710 Ana Mo Kjo Ave 3 #03-2001 Singapore 2066 Tat *****61/2119 words
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Advertisement48 1983-05-19 9 Notice Please be informed that Miss Sally Chng Hui Eng NRIC No. *****45-B is no longer in our employ with immediate effect. She is therefore not authorised to transact any business or collect monies on our company's behalf. The Muageoeat HftrbMr Haadltw Pte Lid. M-M Ceatral BMg. StogspweMW48 words
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3153 1983-05-19 10 bid and otter price* officially listed business in and reported to the f to T k Exchange of Singapore yee- ESLT 101 nu "»ber of shares fre*#-*own in brackets in lots of 000 units unlets otherwise specified. All Times Settlement Contracts *re3,153 words
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Article205 1983-05-19 10 ■HANnanTHj ST DIAMOND MOT ITOBI 1 Ma, ll\ (NlH|Vr |M Nr W] ICxd tar May The Commerce J 41 April May The Saving* Fund 2 01 2.11 Diamond S pan Prog Fund S pore Sec. Fund 1JI 2 34 1C t« Spore Fd (US) 98 OS 1.14 OJO205 words
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Article3394 1983-05-19 10 1983 High Low Compaay Last Sale +orGr'a Div Div CTT Gr'a 1 YTd 1 Net P/E Vol Day (*000) High Low w« SECTION ONE INDUSTRIAL COMMERCIAL 286 306 266 306 380 «> 119 272 245 V 268 645 520 *5 400 535 '/I 340 .545 1870 3863,394 words
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Article2314 1983-05-19 10 BID and otter price* officially listed and hwtnfi In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of chares traded shown In brackets in lots of 1,000 units unlet otherwise specified INIM BTRJALS Arm* <2.905) Aleaai (3.305) (145) 3 30 (22) 3 322,314 words
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Article775 1983-05-19 10 PRICES tpeicd bullish]} at the local stock market yesterday bat buying strength qsickly cooled off aad the market taraed easier later ia die day. Tke Business Times Campesite lidex clased 4.18 points daws to 917.11 wkiie the Straits Times ladastrtal Index registered a Ul-pdat drop to775 words
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Article640 1983-05-19 10 SOFTER trading conditions in the afternoon session caused share prices to finish mixed to slightly easier on the Kuala Lumpur stock market yesterday. After opening generally higher, prices continued to rise steadily for the greater part of the morning session. Investors' sentiment was boosted by640 words
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COMPANY NEWS
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527 1983-05-19 11 ASEAMBANKERS Malaysia Bhd, one of the leading merchant banks in Malaysia, is to become a subsidiary of Malayan Banking Bhd. Aseambankers' chairman, Datuk Jaffar bin Hussein, disclosed this in his latest annual statement. Maybank will increase its stake in Aseambankers from 46 per cent527 words
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354 1983-05-19 11 LOWER commodity prices have pared interim earnings at both Bate Kami Bhd and its 59 per cent owned subsidiary, Daff Development Bhd. Batu Kawan's pre-tax profits for the first slx months to Feb 28, 1963, fell by 16.4 per cent to $7.73 million.354 words
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Article241 1983-05-19 11 THE HMgkMg ami Shaagtol BiiMig Carp has set up a joint venture company under the name "Arabian Gulf Investments (Far East) Ltd". The bank said it has a 20 per cent holding and the rest is owned by groups of private investors in Kuwait and Saudi Arabia. AuthorisedReuter - 241 words
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Article28 1983-05-19 11 ISETAN (Siig»p*re) Limited: Twelth AGM to be held at the conference hall, 18th Floor, Apollo Hotel, Have lock Road, Singapore, on Thursday, May 19 at noon.28 words
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544 1983-05-19 11 CENTRAL Sugars Bhd (CSB) is poised to expand its offshore operations, particularly property development in Australia and Canada. Chairman Datuk Khoo Kay Peng told shareholders in the company's annual report that its subsidiary CSB-Australia Pty Ltd will be involved in the development of a544 words
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Page 11 Advertisements
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Advertisement446 1983-05-19 11 vX.S, fl S] PAN MALAYAN HOLDINGS UD (Incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the 23rd Annual General Meeting of Stockholders of the Company will be held at the Conference Room, 63 Market Street #05-00, Tat Lee Building, Singapore 0104 on Friday, 10446 words
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Advertisement337 1983-05-19 11 fSfij 'A 4** fk fl Ms PAN MALAYAN HOLDINGS LTD (Incorporated in the Reoobiic o< Singapore) TO ALL STOCKHOLDERS FINAL DIVIDEND A REPORT ANNOUNCEMENT NOTICE IS HEREBY GIVEN 1. That the Directors have today decided to recommend a final gross dividend of 7 5% less Singapore Income Tax of 40%337 words
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Chief Price Changes
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Article166 1983-05-19 12 Rises Indices tMU| Hldga 340 +90 Seaeorp 919 75 May 17 May 18 New Sereadah Chin Teck 710 900 BT Composite: 921.77 917.69 T«a«rlok 414 34 BT Indicator *****7 *****2 8y« IMIM 536 26 ST Industrials: 951.67 947.80 8«4 Coconuts 332 20 ST Finance: 2411.93 2411.89 Puuioat 406 18166 words
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Article, Illustration162 1983-05-19 12 Rises Indices Sea Corp 1020 70 Temerloh 460 50 May 17 May 18 MAA 650 +50 MBT Index: *****93 *****27 UM Flour 515 25 NST Industrials: 1308.46 1307.28 Sel Coconut 350 20 NST Finance: 2301.88 2308.89 Tan Chong 790 20 NST Hotels: 657.15 656.53 Tronoh 1030 20 NST162 words
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202 1983-05-19 12 A POSSIBLE rescue plan for troubled United Engineers (Malaysia) Bhd (UEM) is expected to be ready within four weeks. This was disclosed yesterday by Mr Izham Mahmud, managing director of Aseambankers Malaysia, advisers to UEM. He said that since something had202 words
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Article409 1983-05-19 12 DBS Baak has appointed Dr Christoph von der Decken as a director in place of Mr Dieter Lucassen who resigned on May 10. The board has also appointed Mr Rolf Willi as alternate director to Dr von der Decken to replace Mr Klaus Patig who resigned as alternate409 words
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459 1983-05-19 12 NAJEEB JARHOM - Companies Editor: Klino Sabnani By NAJEEB JARHOM TRADING in the shares of Bonvests Holdings (formerly Industrial Electronics and Engineering) is expected to start next week. An introductory document was issued yesterday in connection with its application to the Stock Exchange of Singapore for the459 words
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574 1983-05-19 12 TAT LEE Finance has reported higher-than-expect-ed pre-tax earnings of |6.23 million for 1982, outshining its parent company, Pan Malayan Holdings, which suffered a drop in group profits for the first time in seven years. The 66.67-per cent owned subsidiary of PMH had574 words
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Article841 1983-05-19 12 EQUITIES closed higher yesterday with thin cooditkms tending to exaggerate price movements, dealers said. At 3pm, the Financial Times Index was up 9.7 points at 686.3. P and O featured with a gain of 22p at 186 having touched a high of 189 following press speculation of a841 words
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193 1983-05-19 12 BOLTON Properties Bhd's profits suffered a sharp decline for the year ended Dec 31, 1982, after achieving good growth rates in the preceding year. Group pre-tax profits fell a hefty 63 per cent to $2.6 million. This takes into account its share of profits193 words
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Article52 1983-05-19 12 H.K.HANG SENG Wednesday 833.48 Tuesday 830 70 Week Ago ***** AUSTRALIAN INDUSTRIALS Wednesday 757 4 Tuesday 755.3 Week Ago 786.1 ALL ORDINARIES Wednesday «08.8 Tuesday 602.5 Week Ago 817.8 FINANCIAL TIME8 INDUSTRIALS Tuesday 875« Monday 871.1 Week Ago 678.7 DOW JONES AVERAGE INDUSTRIALS Tuesday 1205.78 Monday 1202.88 Week52 words
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279 1983-05-19 12 CHOO AI LENG - By CHOO AI LENG IN A surprise move, Htng Leng Corhas withdrawn its application far a listing m the Stack Exchange of Singapore. It Is understood that the group will defer Its pnhiic offer sf a boot SI million shares till aext year. Management279 words
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Article658 1983-05-19 12 Taking Stock... By Hock Lock Siew NOW THAT almost everyone connected with the stock market is expecting a correction, it may not occur, at least not in the style envisaged. The bulls are in entrenched positions and only aP event of major fundamental consequence will be ableBy Hock Lock Siew - 658 words
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Page 12 Advertisements
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Advertisement51 1983-05-19 12 The BSl3ooseries electronic typewriters A range of highly sophisticated electronic typewriters, which are equipped with the latest technology and yet are easy to use, and are easy on the eye. St BSI typewriters: simply the best 8 SEE HOY CHAN GROUP Singapore tel *****62/4 K L tel 03-*****0 Penang tel51 words
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Advertisement21 1983-05-19 12 i Sole Agents: mmKO QDWIAL AOOiait (D PTC. LTD. 6th Storey, Inchcape House, 450/452 Alexandra Road, Singapore 0511. Tel: *****88, *****19.21 words
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Page 12 Miscellaneous
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Miscellaneous64 1983-05-19 12 fo/EftT:HER OUTLOOK for today: Fair; thundery showers in several areas in the late morning and early afternoon. Report far U he«n prtor to 7.31 pan m May at the airport: Maximum temperature 32.3 Associated humidity 71 Minimum temperature 26.1 Associated humidity 93 Hours of sunshine 4.65 Rainfall in millimetres 3.g64 words
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SHIPPING TIMES
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162 1983-05-19 13 Reuter FOREIGN orders for new ships in Japan rose sharply to 71 ships totalling 1.61 million gross tons in April from 48 ships totalling 960,000 tons in March and 12 vessels totalling 205,400 tons a year earlier, the Japan Ship Exporters'Reuter - 162 words
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140 1983-05-19 13 AP A PHILIPPINE domestic passenger-cargo liner with 800 to 900 passengers aboard caught fire yesterday off a small central Philippine island but no casualties were reported, shipowners said. Coast Guard spokesman commander Felix Carbonell said crewmen of the stricken Dona Florentina, 2,019 tons, abandoned the vesselAP - 140 words
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544 1983-05-19 13 G DURAIRAJ - By G DURAIRAJ THE administration and control of minor ports in Malaysia are expected to be simplified under a new law which the government plans to introduce soon. The government is working on a minor port authority legislation which it hopes will544 words
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PORTSIDES
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Article185 1983-05-19 13 SINGAPORE'S Marine Department has advised shipowners to place a copy of a medical first aid guide approved by the maritime safety committee of the International Maritime Organisation on board Singapore ships. "This department strongly recommends that a copy of the MFAG (Revised 1982) be placed on185 words
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Article62 1983-05-19 13 Reuter CAMEROUN Shipping Lines SA, the national line of the Republic of Cameroun, announced it has joined the East Asia/West Africa (Angola/ Cameroun Range) and the West Africa (Angola/ Cameroun Range)/Far East Freight Conferences, effective May 1. It will offer a bi-monthly service from Hongkong to Cameroun, andReuter - 62 words
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Article699 1983-05-19 13 supple UM Page Aim vm Ahrenkie) Liner VI 5 All trans vn 4 Alpar VI 5 Angonave IV 1 Antara Shpg X 4 A PC Line VI 3 APL m Argentine rv 4 ASCL m 1 Asia broker v 9 Asia Merchant VI 4 A astasia Line699 words
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1284 1983-05-19 14 THERE never was a great likelihood that US Lines would attempt a round-the-world schedule with even 14 big slow ships. The revised order for 12 such vessels renders the possibility even more remote. An operator like US Lines, with considerable historic and present1,284 words
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Article1645 1983-05-19 14 MODERATE time-charter and grain business was seen on an otherwise rather subdued freight market on Tuesday with rates generally showing little variation, shipbrokers said. Chinese operators secured a 14,000 tonner from Marsa El Brega, Libya to China at U552,775 daily while a similar vessel was reported fixed at1,645 words
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Article115 1983-05-19 14 Reuter THE river Parana has been blocked to maritime traffic by a Panamanian carrier since Monday, a spokesman for the Coast Guard said. He said the carrier, Maritime Trader, ran aground again on Tuesday only 15 minutes after two tugboats set it free from where it hadReuter - 115 words
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325 1983-05-19 14 -3r aln s main state-owned shipyards are expected to present a plan to INI, the public sector holding company, at the end of the month, setting out alternative strategies for cutting capacity and stemming the flow of losses which have reached325 words
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Article193 1983-05-19 14 THE MAJOR shipping consortia operating between the Par East/Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAB EABT/EUBOPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANBO (STBAITS/AUBTBAUA): Australian National Line. Australia/Straits Container Line.193 words
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Article108 1983-05-19 15 DREDGING work will be carried out at the East Keppel Fairway from today till June 16. The PSA Port Master's department said the dredger will be held by four anchors extending 150 metres from each corner. The dredger and anchors will be confined within the working108 words
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Article292 1983-05-19 15 JAPAN'S first commercial sail-equipped cargo carrier. the 699 gross tonnes Senyo Maru built by Nippon Kokan K K (NKK), was delivered recently to Fuyo Kaiun Kaisha Ltd, an NKK affiliated maritime transportation company, at Narasaki Shipyard in Muroran. This is the third NKKdesigned sail-equipped ship. The initial292 words
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234 1983-05-19 15 Reuter ABU Dhabi's Port Zayed is planning new expansion projects, including construction of two 440 by 13 metre berths, bringing the total to 19, and a new channel to accommodate larger ships. A free trade zone at the port is also scheduled to open byReuter - 234 words
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Article38 1983-05-19 15 Reuter NIPPON Kokan KK said it won an order to build four 29,000 deadweight ton bulk carriers for Olympic Maritime SA at an undisclosed price. The ships will be delivered by late 1984.Reuter - 38 words
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870 1983-05-19 15 "GIVEN THE dire straits of the shipping industry, the Bahamian registry has shown surprising and remarkable growth over the past two years," Mr Philip Loree, chairman of the Federation of American Controlled Shipping, observed recently. Addressing the second ship registry conference held in Nassau870 words
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Article191 1983-05-19 15 THE International Maritime Satellite Organisation (Inmarsat) is to grant access to one of its satellites by the European Space Agency (ESA) for research which could lead to a range of new mobile satellite terminals for ships, aircraft and land users. Following an exchange of letters with191 words
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6699 1983-05-19 20 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 Port of6,699 words
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Article759 1983-05-19 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Ck Arrival for LCL Movement shl P Voy Date/Time Operator Cargo Schedule K Kanevskly 14AW83 19.5 83 2000 S'pore Sov 49 0700-0000 Bremen Exp 57/538 20 5.83 0030 Seganl 49 1000-1200/1000-1200 A1 Shamiah 15 20.5.83 0700759 words
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Article1753 1983-05-19 21 The leading shipping lines operating from local ports and their agents. A B A rt r Csntslnrr Continental FwVn •Si Cargo Freight (PKt V** T_. Sln *i por Corporation csi_ nil!** Merah (PK) R Jumabhoy A jOOS PN Tr>,l TOU P Pi* Lid tarr ServW Kim1,753 words
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Article1384 1983-05-19 22 ALGERIA Algiers April 30th. About 6-8 days for homogenous cargo and 1-2 days for liners. About 15 vessels waiting. Bejaia April 20th. 4 to 5 days. 4 vessels waiting. Skikda April 20th. 4-5 days with 8 vessels waiting. ANGOLA Lobito May 3rd. No berthing delays. Luanda May 3rd.1,384 words
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Article514 1983-05-19 22 AT CONVENTIONAL WHARVES Vessel Berth KEPPEL WHARVES Bunga Mas 45A Equator II 22 Fair Rainbow 1/2 Feng Yi 13/4 Franina 33/4 Friendship 38/9 Kaptai 31/2 Langsa 29/30 Leslie Lykes 44 Mai Rickmers 18 Masbon 6/7 Ocean Splendor 25/6 Silver Light 21W Jamaica Farewell 6/7 Faethon 35/6 Nikkei514 words
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Page 13 Advertisements
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Advertisement320 1983-05-19 13 Korea Ftag Vsts Regular Liner Semi-Container Service To: P. Keiant/Penane/Bjnfkok/Kedunt/ Busan/lnchon Fm: Busan/Moji/H. Konf S'pore Agent: Neptune Agencies Pte Ltd Tel: *****11'' P.K. *****4, PN *****5 K.L. *****0 S, .1 \R Dl M UJ m wi \m n iOOCL I OiyENT Oveiseas CatdcMm Line FULLY CONTAINERISED SERVICE 10 FIIROPf VIA320 words
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Advertisement228 1983-05-19 13 QSEALORDO ii UASC UNITED ARAB SHIPPING CO SAG) EXPRESS MULTI PURPOSE SERVICES Kuwait (24/6), J Jubai (30/6), Oj Doha (4/7), Dub Abu Dhabi (7/7) ait (27/6), mm (1/7), (6/7), FULLY CONTAINERISED SERVICE AL SHAMMH V.IS AL WATTYAH ¥.28 BAR'ZAN ¥.30 Al RUMMTHMH V.17 Mma Qaboos (29/5), Dubai (30/5), Bahrain (1/6)228 words
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Advertisement19 1983-05-19 13 mm LONDON Freights CONSORTIA SHIPPING Schedule WHO Aete for Whom CONTAINER Schedules PORT Cenditicas SHIPS In Pert REGIONAL Weather19 words
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Advertisement518 1983-05-19 13 4>cnan Algenan National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents VMPACOTC nun a tradmc ttUTCT m LTI Tet *****4 (5 hnes) SINGAPORE n n*r MAERSK LINE EXPORT FULL CONTAINER TO- U-8- PACIFIC, GULF, ATLANTIC. EAST CANADA, INLAND POINTS in'.;mi 'I *> Xv UToro r? .<518 words
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Page 14 Advertisements
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Advertisement456 1983-05-19 14 FAR EAST/EUROPE CONTAINER SERVICE From Eur 1) Ma<mo Stockholm. Oslo HHwriii. 2) Copenhafefl Aartw. 3) Bremen 4) AMwarp. Amsterdam UR. 5) Bash, Bordtaui Also accept inf intermediate carp to HMflont t Mpan I Kom •Bract CM P USA CONTAINER SERVICE ASTBOUND MOTHER PKL I PNG I SPORE VESSEL ASM PALLAS456 words
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Advertisement326 1983-05-19 14 YAMASHfTA-SHINNIHON LINE CONTAINKft lERVKEI USA/CANADA WW* Mton Uk/U OM to Part 21/5 21/5 PJMOT 15/1 11/f 22/s a/5 a/s mm a a/c a/i a/s */s 1/1 rtmam n/\ 1/7 gtMp 3/7 MM Kcrotin LCI C*|«. MIDDLE lIAST Pacific South Waat Pacific North Wact Atlantic/Canada HI XAT va Rt Ma Ml326 words
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Page 15 Advertisements
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Advertisement523 1983-05-19 15 KFSK The Straits ggUm Steamship Group Overseas Containers Limited S STRAITS SHIPPING Singapore to Sebah, Sarawak, Brunei Porta and Bangkok I CONTAINERSHIP SERVICE TO UK CONTINENT iHfrfrr CONI AiNtPSHIP SERVICE FROM UK/CONTINENT SfIUTHCONOR •STRATWTE AUSTRALIA MMU SHOKANAMARU TOR MT TOHGOMMU Abo acceptor* ICL and Fa tarfo to Hoof Hoc* m+523 words
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Advertisement279 1983-05-19 15 tfry Franco Belquui Services f r Qnsoe C.M.C.R. Optorg Shipping Pte. Ltd Port Kalang *****1 '2 Patal.ng Jay* *****3 *****3 Panang ***** iiELMA PMPQfCA MM AC MA El TI 1 EVIPRESA LINE AS VAP' T IMAS ARGENTINAS (ARGENTINE NATIONAL LINEI Aganta SINGAPORE Anglo Frarch Trading CO (PTE I TO TCI279 words
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Advertisement79 1983-05-19 15 NOTICE TOKO LINE "SOUTHERN CRUISER" V-1 arrived on Bth May, S3 m.v "EVER LIGHT" V-2 arrived on Mk May, M ■.v -NECROS" V-ftl arrived oa 12th May, IMS Consignee* of all damaged cargoes ex above captioned vessels are hereby notify that the General Cargo Survey will be held on the79 words
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Page 16 Advertisements
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Advertisement652 1983-05-19 16 jl ro comwm/un TetaeEiproi Outj k r Hapag-Lloyd EXPORTS Sport P MtMfPtn leuoes Genu H'butf B (wren Rdam Antwerp 11/5 20/S 21/5 6/6 23/6 21/6 17/6 15/6 1/6 4/6 7/6 28/6 11/7 9/7 6/7 4/7 i/j Connecting m Tokyo "AKo accepting corgo for ATLANTIC 4 GULF PORTS via rrumlandbndge and652 words
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Advertisement555 1983-05-19 16 c= »fun> M tout tmm*{ Lttrttt no* CONVENTIONAL SERVICE To/From BUSAN suMrrocoNvosw tITM K ltM/IMI SCOW r KUMC 7 J km 11-M he 1120 km FULLY CONTARERBED TO/FROM NORTH AMERICA WEST/EAST COAST: IK' S)*"' IHK L B**di CMan HVC SIMmBjA CM 0 DTTOMAT m 0 P*TWOT K N nm wc555 words
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Advertisement507 1983-05-19 16 FAR FAST EUROPE CONTAINER SERVICE ACCfPTMG Fa ia CARGO FOR armma osio sroauom tesaaa IOMQH. soimwriQN. MMcxsia mmmm UKVOOI. aUCCM FUIOTONI FUROPf fARfAS! CONIAINfR SERVICE (■or |a«l W II f»/4 1/5 2/S 4/S 74/S an f.l«£ !J« i?£ ~/S ~/5 M/s 11/4 W 71/» 24/S */5 IS/C alsoi «wrms cjmo507 words
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Advertisement714 1983-05-19 16 I Everett Lines rwr* PACAM Burma Five Star ShippingCorpn. "BURMESE NATIONAL LINE" LMDMG FOR RANGOON V pm •••HTAHTAimiA K/V tt>f v/nm, n/»Mw nuMi ia/MO n/»*»T re, boosteao shphng TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 0* >ifWQ« lwtne»«wi»«* S A CI f ilk "ARGENTINE NATIONAL LINE' LOWM6 FOR OMM MONTEVDEO714 words
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Advertisement261 1983-05-19 16 [> A > y V > k* mSINOSE u MARITIME PTE LTD SUN UNION LINE KARACHI SERVIC SMurac tmm ram 27 Mar 29 Mn SBDK MMTM PTE LTD IB *****44/7 t *****71 BOOR* JURAT SffK COMMf TEL 222M52/3 mux Nun *7212/3 MALAYS* IUK I TtMOFORT LTD T* (703 ft SI72S261 words
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Page 17 Advertisements
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Advertisement565 1983-05-19 17 PIL GROUP KOTA JAVA KOTA MEW AH KOTA CAMAVA KOTA OEWA VOYAGE E-4M E-441 E-443 E-44S EAST AFRICA/REDSEA SERVICES MNQAPORE LOADING FOR: J!^2SS^JSS? AH AQABA AOCM KMMAYU It®®? 10 *U°A*. HO—ABA I M #UOAH AO€ MOGADISCIO JUNE HOOEIOAH. JEDOAH, AQABA. ADEN KOTA PUSAKA VJL-J74 Karachi, Kuwait, l»iA>l,Oimmw KOTA BOUAYA V.W.565 words
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Advertisement454 1983-05-19 17 Q IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT WEST BOUND FAR EAST/RAO SERVICE S port P. Ketone Leu** tar M.V.ALKBO Sakd Bomb ay/Aqaba/Ba»ah/ Batttad Madras/Cod* M.V. M.NA9TTI 10 June -doM.W. ALNAStTTI 10 km Yofcotama/Ouka/Kobe THROUGH B/Ls to BAGHDAO ft BASRAH (TON REQUEST ALSO ACCEPTVK CONTMNERS UPTO AQABA ft BAOCAD454 words
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Advertisement586 1983-05-19 17 BENLINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE ioeubope Braaan fi«r*u Dawn Hare Hw*w| Eqmi Mk»hT Taka Eiprtu Oufca Raj MTN LBOtTY TO cau. AT KD SEA TOUTS PENANG FED VIA SM6APORE n BEN ASIA CONTAINER SERVICE EXPRESS CONTMKR SERVICE STRMTS/TAINM/MPMI s>« 5153 23/5 4533 25/5 1423 1/1 4433 9/S SIM586 words
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Advertisement663 1983-05-19 17 m it 7 Jf k i t r I j T I'/ w f\ t k ii b k A Scan Dutch 9 WEEKLY EXPRESS CONTAINER TO MfD/UK/NC/SfiN SERVICE 7 I I A w> N M tux/s r act 7/4 a mtnh/t BMUi 12/ C t. pauaj u/i MSno/I Acc«pfa|663 words
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Advertisement569 1983-05-19 17 f t V a lc\ <±j BOUSTEAD SHIPPING AGENCIES BANK EXPRESS DEPENDENT SERVICE TO UK J C/mtui a SPO E R'DAM HULL HMfc fS™**** 31 Moy 28 June 1 July 5 iity Slt?2^ ANK 22 J 25 July 28 July 31 J*ly IVYBANK 23 Aug 19 Sep 21 Sep 25569 words
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Page 18 Advertisements
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Advertisement1164 1983-05-19 18 Kline KAWASAKI KISFA' KAISHA. LTD. EXPRESS CONTAINER SERVICE FBHIKSKL STORE MODO VESSEL TO* TO 1 MROGE VII 22 Hay #NEW YORK MARU V7O 7 Jun MONTI RUBY V 4 27 May •*ftM APOLLO V7O 13 Jun ■Mail #«*OU (7M) rmitfum (is m) mltmok <17 m) Mm KMpbni (Via ST JOMI)1,164 words
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Advertisement669 1983-05-19 18 w ~zs//l€ CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAIMER/REEFER SERVICE lM*f lOS Mom. m fIUMOttO. Juriu. IICONL IMCOMJ IC Hutm W TQ CMWI -.«m- -VP L »r AUSTRALIA EXPRESS CONTARKR SERVICE VBWVA AUTYA" VtSHV* ANURAG Acc«pte| fa/fa Mm p **»«4 S pvt Frwi Mrt> Sf*i Atw ku*s *M* i/;tM l«ta It669 words
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Advertisement485 1983-05-19 18 KORINS MARITIME SERVICES 114 Anson Road #18-01, Tunas Building, Singapore 0207 Tel: *****22 A *****67 P Kelang Tal: *****1 /8. REO SEA PERSIAN GUIF MEDITERRANEAN SERVICES IBM ONE NEST NO. 7. SAMBOW EXPERT. HAEWOO NO. 3.... S pore Loadhg For: ■23 May Bandar Bustwe 24 May Bandar Abbas 24 May485 words
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Advertisement730 1983-05-19 18 INTRASEA (PTE) LTD ♦A wammi BREAKBULK SERVICE TO EUROPE/UK Spare P. K«iM|lMdfef tar: ANANGEI MSDOM 8M3905 21 May 24 May RDAM/UK (AVON) Vessel Lwdnc at Rata Kaiafcafc ALPAC LINE ■""T'i« fir S pore P Ketang Laatai tar PC?TIM MB 20 Hay 23 May Mauritius/Reunion 'Durbar Vessel loading at Kola Kmabatu730 words
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Page 19 Advertisements
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Advertisement535 1983-05-19 19 NEPTUNE ORIENT LINES LT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): 0 CHEF 34W-H C PAU. 35W C CONTAINER 21*.... NK CONTMO 35*.. SS BRDGE 4IW C RQZE 34* memofr o' Hit ACI Contorfiu" Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times: FCI Cargo 1600535 words
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Advertisement450 1983-05-19 19 HEUNG-A SHIPPINt Korean Flag Vessels OONAM SEMI CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. BUSAN. INCHON SEMI CONTAINERISED DIRECT SERVICE TO CHITTAGONG. CHALNA. CALCUTTA |£3 tPTi* agincis pti no Irt *****66 ■N r i .1 N' y iu vm rw «l «1« W «***** 1H 3I9SM 'rf FULLY CONTAINERISED SERVICE TO450 words
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Advertisement821 1983-05-19 19 &SINSOV SMGAPORE SOVIET SHAPING CO PRIVATE LTD 01M T-,,, ne *****3 (15 Lmt) Cable Address SMSOV SINGAPORE Tdex Numbers RS ***** RS ***** RS ***** f KELAMG fENMK IX s iTRSS? Sf T fl00 MESWS m B f,K23 o««> 5 »*ALAYStt PENAMG. TH *****/***** Telei MA ***** !^»?2S2 T JK!!821 words
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Advertisement106 1983-05-19 19 SOON KIAT SHIPPING PTE LTD j #20-05 #20-06 Simport 01M T* 22«W (i Lacs) Ids KS36I3S SKSMP RE6ULM SOTVKQ TO EAST IMUTStA ET* m> DESTMTKM Nw Mm Nh| 1/1 VI BMte/K. B«M MhiLMN 30/5 2/S Utan/M* KtataMtan Sri Nm Ma lb 4 25/5 2/1 Sta/lacM* Hu m. 5 tart 21/5106 words
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Page 20 Advertisements
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Advertisement397 1983-05-19 20 lte<|i(Mial Container Lines irrrillil Sailings Weekly mi!|| 'i Reliable Regular Punctual Berthing PSA 1500 Hrs Tuesday Saturday REGULAR FEEDER SERVICE TO PHUKET/SONGKLA RAT AIM MM MTMH BHUM Kff. STO* 133/134 SaM 1351* It May ten. STORE PHUKET 225/220 2 km 6 km 121 an It km 21 km 4 PORE397 words
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Page 21 Advertisements
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Advertisement219 1983-05-19 21 ilji/JIfVM/TTF SHIPPING CO. PTE. LTD. #SM» C P P MUhtg (Ml fltwcy) ShppM IIM, RepiMle uf Hhpyn TEL: OUM (7 LINES) CONTAINEB PBEK3HT STATION (CPA) TEL: tEWM/7 Ml YANG MING LINE \%lAil ft-H F.E. MEDITERRANEAN N. EUROPE USA EAST CAHADA F.E. FULL-CONTAINER SERVICES FAR EAST/N. EUROPE/FAR EAST ■n~n l .,ii!".219 words
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Page 22 Advertisements
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Advertisement231 1983-05-19 22 WORLD LINE EXPRESS REGULAR SERVICES JAPAN/HONGKONG/STRAITS VCSStI HOMW TIMA BILK SHAM THOnCAI VENUS srom HI SM 1100 May 20/21 147 U», ft/71 U J«< J/J ruuwG k Port *lay 72/» »tay Jww 4/5 u *sc vessels bemt SMpport at PPW G4* 303 CO7 Gm •Ml EVKSS (J) PTE lID IM231 words
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Advertisement340 1983-05-19 22 MiiHlllll'MllldJl.'lrfMlii* 11 07-11, AFRO ASIA BUILDING, •3, ROBINSON RD., S PORE 0106 T«fc *****30; *****13 A *****14. TELEX NO: R8 ***** 'KIONG' Thai Ho No. 2 Hai Soon No. 1 Thai Ho No. 1 Hai Sunt Let No. 2 In Port 20/5 In Port 21/5 Destination Kuchnt/Muara/K. Kinafa Kuchnc/SlNi/Sarftei Kuchint/Bintulu/Mri340 words
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Advertisement357 1983-05-19 22 FORTNIGHTLY EXPRESS CONTAINER SERVICE TO SABAH ACCEPTWG LCI/FCI AND CONVENTIONAL CARGOES FREE PRE RECEMNG ANO WAREHOUSE SERVICES AT P.P.W GOOOWN 404 VSL SPOKE Hi SKAM TANAU LUCKY voy.4 31/5 3/8 5/8 7/8 UJCKYvsyS 17/8 »/8 22/6 24/6 Cargo Booking Tot *****55 (6 linos) LUCKY SEAWAY SERVICES (PTE) LTD SHort Straat357 words
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Page 22 Miscellaneous
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Miscellaneous149 1983-05-19 22 s Regional Weather 1 ■N VA EQ V **> > £V k N. -if. <i r'. Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND? R Thunderstorm Temperature °C y Shmi Weather Wind direction with speed in knots Rata \J Cloudy Sky149 words
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