The Business Times, 25 May 1983

Total Pages: 50
1 50 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 67/1/83 WEDNEBDAY, MAY 25,1183 60 CENTS
    10 words
  • 317 1  -  By SOH TIANG KENG NIPPON Credit Bank (Curaco) Finance has floated a US$lOO million bond in the Asian and European markets. This seven-year bond, with coupon rate of U per cent, is the largest bond issued in the Asian dollar market by Nippon Credit
    317 words
  • 663 1  -  By RICHARD SEAH THE JEDI'S double-quick return to six local cinemas tomorrow will mark the start of a new war, not to be fought among the stars but right here in Singapore's entertainment industry. Heading the offensive is 20th Century Fox, distributor of
    663 words
  • 465 1 Reuter THE WORLD Bank has said Indonesia may have to borrow US$l5 billion over the next three years to help cover a drop in overseas earnings. The international recession and falling oil income has hit Indonesia hard and it must borrow to help reduce
    Reuter  -  465 words
  • 303 1 AP. Reuter THE US economic recovery is widening and analysts for many of American businesses are gaining optimism the revival will be stronger than they had thought, an economists group said in Washington on Monday. However, the group's president, Edgar Fiedler, added:
    AP.; Reuter  -  303 words
  • BRIEFLY...
    • 71 1 Reuter THE seventh round of Sino-US on Chinese textile exports are set for the first half of June, either in Beijing or Geneva. US Commerce Secretary Malcolm Baldrige said in Beijing yesterday that he did not know whether China would take further measures on its ban on
      Reuter  -  71 words
    • 82 1 Reuter A FIRE destroyed a big shopping centre yesterday in Jakarta's Chinatown and the loss was estimated to run into millions of dollars. No casualties were reported. A Fire Department spokesman said the fire was still raging more than 11 hours after it started in the Horco
      Reuter  -  82 words
    • 72 1 AP JAPAN'S Fanuc Ltd and General Motors Corp of the US have reached basic agreement on joint production in the US of industrial robots. Fanuc officials in Tokyo yesterday that the agreement calls for building a factory by October 1984 near Detroit where 200 units of 11
      AP  -  72 words
    • 64 1 AP NEW foreign investments in the Philippines in 1982 amounted to US$35B million, nearly 10 per cent less than the $396 million in the previous year. The central bank in M»n<b> said yesterday that the new investments brought to $2.2 billion, the amount of foreign investments in the
      AP  -  64 words
    • 70 1 AP RISING petrol and housing costs sent American consumer prices up 0.6 per cent last month, the biggest jump in nine months. The Labour Department in Washington said yesterday that for the first four months of 1983, consumer prices rose at an annual rate of just 2.1
      AP  -  70 words
    • 84 1 Reuter SOUTH Korea has warned Australia of possible economic retaliation if denied access to joint venture projects and export markets in Australia. The warning was delivered by Hahm Pyong-cheon, a special envoy of President Chun Doo-hwan. Mr Hahm, on a four-day visit to Australia, said he had raised
      Reuter  -  84 words
    • 62 1 Reuter NEW York stock prices extended Monday's late rally in morning trading yesterday as investors shrugged off some negative inflation news and continued to rush into the market. The Dow Jones industrial average gained about 7Vi points, advances led declines eight to three, and volume totalled a
      Reuter  -  62 words
  • 280 1 KENTUCKY Fried Chlekea (8) Ltd Ml Mi muk sa the Stagapare stock market yesterday whea Its share* aXuTttmes the «Her price sf $1.11. Ob the very first day sf Its Osttog sa Ike Stock Exehaage sf Htagapare, the esaator was hstty pareaci frsai aa apeatag
    280 words
  • 497 1 Reuter THE recently announced two percentage point rise in Hongkong interest rates, effective yesterday, has failed to restore confidence in the Hongkong dollar. The move, which was aimed at boosting support for the local currency, has been nullified by a higher
    Reuter  -  497 words
  • Page 1 Advertisements
    • 385 1 EXONS2O Jw Refld Trademark of Exxon Corporation The Information Processor that grows as your business grows. SEE HOY CHAN GROUP OA Singapore M: *****62/4 K.L t*: 03-*****0 Panang tat: 04-*****9 BANKERS often seem to put mere mortals at arms' lenfth. Some reckon they have reason to. After al, the bankinf
      385 words
    • 27 1 I the latest i SINCE 1046 Soto Agents MALKO OfNBIAL ACMNCICS PTC. LTD. 6th Storey, Incbcape House, 450/452 Alexandra Road, Singapore 0511. Tel: *****88, *****19. BT 5/25x83
      27 words
    • 2 1 Seepage I
      2 words
    • 205 1 4Mt %}>.%%)?`^,}?/:/+>,}>,"_%=>*[|] HNMK Sharp. Isnt that the most important quality in a copier? But the superior SF-780 Double Reduction copier gives much more than that. The totally efficient Sharp SF7BO is designed to reduce time, effort and cost, in addition to giving the finest print ever. Double Reduction versatility for
      205 words

  • BANKING AND FINANCE
    • 313 2 Reuter THE WORLD Bank needs a significant increase in its funds to meet any loan requests from China, h*nk president Tom Clausen on Monday. China, which had been a member of the World ft»"* since 1980, will be entitled next year to ask for
      Reuter  -  313 words
    • 213 2 AP CHINA had used 100.2 billion yen or US$426 million worth of Japanese loans, the first loans by a capitalist country for Chinese domestic projects since 1949, the official Xinhua news agency said. In all, Xinhua said on Monday, the two countries had concluded agreements
      AP  -  213 words
    • 164 2 Reuter THE US Treasury has indefinitely postponed the auction of U557.75 billion in two-year notes that had been scheduled for yesterday. The treasury said in a statement that the postponement was necessary because congressional action on legislation to raise the debt limit to permit
      Reuter  -  164 words
    • 291 2 Reuter THE INTERNATIONAL Monetary Fund, following an exhaustive review of its austerity programme for Mexico, approved an additional US$325 million for the debt-ridden country, monetary sources said on Monday. The new funds were the second portion of a $3.7 billion programme approved by
      Reuter  -  291 words
    • 262 2 Reuter VENEZUELAN Finance Minister Arturo Sosa said be will formally seek loans from the International Monetary Fund next week to assist his country's debtridden economy. Speaking on Monday after a meeting with US Secretary of State George Shultz at the State Department,
      Reuter  -  262 words
    • 77 2 Reuter AMERICAN Express Co said its board voted to split its stock three (or two, payable Aug 10 and recorded July 8. The board also voted to increase the regular quarterly dividend to 48 US cents from 45 cents on outstanding common stock. After the split,
      Reuter  -  77 words
    • 97 2 Reuter THE YIELD differentials on bonds from OECD borrowers have narrowed to 2.3 per cent early this year from as much as three per cent last year and should continue to fall, the American Express International Banking Corp said. In its latest Amex Bank
      Reuter  -  97 words
    • 303 2 THE SPANISH electricity firm Hidroelectrica de Cataluna SA has signed a credit package equivalent to eight billion pesetas with a group of Spanish and foreign banks, a Banco Hispano Americano spokesman said. The package is in two parts, an eight year tranche of five billion pesetas and
      303 words
    • 138 2 Reuter STANDARD and Poor's Corp said it raised the rating on Chrysler Corp and Chrysler Financial Carp's senior debt to B from CCC. Chrysler's preferred stock rating was also affirmed at C and Chrysler Financial's subordinated debt rating was affirmed at CCC. S and
      Reuter  -  138 words
    • 118 2 Reuter LLOYDS Bank International declined to comment specifically on a report that it had cut its international lending budget by US$5.7 billion this year. The reduction to $24.45 billion for the budget to Sep 30 was described in a memorandum sent to the Wall Street Journal.
      Reuter  -  118 words
    • 173 2 Reuter US AND European banks have reached broad agreement on rescheduling US$l3 billion of Nigeria's trade-related debt arrears, banking sources said. The sources said the preliminary accord, reached at a meeting of about 30 banks with Nigerian officials in New York last Friday, will be
      Reuter  -  173 words
  • Page 2 Advertisements
    • 301 2 The most extrAu&nary car of the year: 4 Car of the Year 1983 J International jury: motoring journalists Organised by "Car of the Year"jury committee 4 World Car of the Year J International jury: motoring journalists Organised by Motor Magazine, Tokyo 4 The Golden Steering Wheel 5 International jury: journalists,
      301 words
    • 145 2 Please see page 11 (or Money and Exchangee Dear City Dev, Ham are the facts you naad to know. First, some details about the size of my company and the business If s in... The type and size of property Pm interested in is I would like to lease purchase
      145 words

  • TRADE AND INDUSTRY
    • 253 3 ABOUT 22 per cent of the 2,142 HUDC applicants rejected their Oats when the month-long selection exercise closed yesterday. Most of the rejections came in the less popular estates of Jurong East and Hougang. On the other hand, as expected, there are no
      253 words
    • 174 3 SUSIE Teh has been promoted to sales manager for Flying Tigers in Singapore. Miss Toh joined Flying Tigers in November 1971 and served as customer service agent in 1974. She became supervisor in 1976 and account executive in 1981. Drill Msrrts, formerly of Industrial and Trade Fairs
      174 words
    • 481 3 COMPREHENSIVE legislation to protect workers who will be engaged in tunnelling work for the Mass Rapid Transit system is being drawn up. The Labour Ministry, which is drafting the legislation, will pay particular attention to regulations on compressed air working conditions, said a
      481 words
    • 123 3 OTRONA Advanced Systems (S) Pte Ltd, the manufacturer of portable computers, has obtained an order worth about $250,000 from West Asia. The company secured the atJer for its Attache portable microcomputers following its participation in the recent Saudi Business '83 computer exhibition in Riyadh, Saudi Arabia.
      123 words
    • 133 3 the Health Ministry has rejected the Erlessea ■tttil sf pre-detecmiatag la a"stafcMfeSßt yester* Besearek Ciaalttee, whose acafen are a» SlHMar *u >ke ea ."S preseat eaastdered ast fna art Hit wliww, sdwttfcftitop are emTit right airsafcwr esas■lttNwlMbehaMky Dr Ctow QM Ska, iepity toetajfiMtel servgist, Dr
      133 words
    • 453 3  -  By SOH TIANG KENG ASEAN'S economic prospects in the 1980s are less rosy than the last decade, predicted Professor Lim Chong Yah yesterday. Speaking at an international economic conference in Manila, Professor Lim, president of the Economics Society of Singapore, said: "In the *****,
      453 words
    • 488 3 TRAINING courses at the Singapore Polytechnic have been modified to keep pace with the changing nature of Singapore's industrialisation. The modification, which will take effect from the new academic year starting June 13, were announced yesterday by the Principal, Mr Khoo Kay Chai,
      488 words
  • Page 3 Advertisements
    • 5 3 i i&VKmniitfs Ifltfioul pttf r>
      5 words
    • 516 3 FINANCIAL FUTURES Fundamentals and Applications Venue: Shangri-la Hotel Singapore A two-module comprehensive course lasting for two five-day periods for the serious individual interested in financial futures. Mr Ng Kok Song, Chairman of Gold Exchange of Singapore will address the Conference. Module 1 Module 2: Understanding Financial Futures Professional Uses and
      516 words

  • OVERSEAS
    • 352 4 AP THE Speaker of the US House of Representatives, Mr Thomas O'Neill, has condemned the MX miwrii» as nothing more than an expensive impetus (or the Soviets to upgrade their weapons. But President Reagan's lobbying seemed to be winning the nuclear missile
      AP  -  352 words
    • 446 4 AP COUNTRIES that import oil are being helped considerably by the drop in prices agreed among major oil producers last March, according to a study sponsored by the International Monetary Fund. It calculates that as a result of the drop, oil importing countries
      AP  -  446 words
    • 238 4 AP THE US Ambassador to the United Natkw, Mrs Jeane Kirkpatrick, has said Americans no longer were safe in their own hemisphere because of a growing Soviet threat from Central America and the Caribbean. She urged Congress and the American people to
      AP  -  238 words
    • 128 4 Reuter THE first Saudi Arabian methanol shipment to Europe will head for Rotterdam in mid-June, said Abdulaziz Al-Zamll, managing director of the Saudi Arabian Basic Industries Corporation (Sabic). Mr Zamil said a Spanish delegation now in Riyadh led by Energy Minister Carlos Solehaga had shown
      Reuter  -  128 words
    • 472 4 Reuter EASIER debt repayment terms for developing states, along with special commodity price supports and a major flow of new funds, will be proposed at a major trade and development meeting in Belgrade next month. In a report published yesterday in Geneva,
      Reuter  -  472 words
    • 303 4 Reuter FRANCE is moving to build a "nuclear trigger" that could force the US and its Nato allies into an atomic war with the Soviet Union. An article by Anthony Cordesman in the Armed Forces Journal said a fiveyear military spending programme approved
      Reuter  -  303 words
    • 438 5 UPI THE Japanese government timed the expiration of a third year of voluntary import quotas on cars to affect the 1984 presidential campaign, a US federal trade representative charged. At a news conference prior to an address to the Economic Club of Detroit on
      UPI  -  438 words
    • 164 5 AFP THE Socialist government in France is not likely to achieve the objectives of its current austerity programme. This prediction was made by the National Institute of Economic and Social Research in London. The institute, one of the leading independent centres for economic studies
      AFP  -  164 words
    • 337 5 AP, Reuter THE British economy will expand by 2.5 per cent in 1963 but recovery will tail off in 1964 while unemployment worsens. The National Institute of Economic and Social Research in London also forecast on Monday that among major nations,
      AP,; Reuter  -  337 words
    • 208 5 Reuter JAPAN'S set exteraal bjmlimSr Ml ta PiM year, d»nlag Ike Oral rise fliap VMM tk# J ajMAM* sheet, fiuiMlit ta the regalar CaMae* Mtflag yesterday by Pliium shewed lapa^eaSinal nziM tmm InmpmSi exteraal SiiUri wen as la tIIS.II bllllaa treat
      Reuter  -  208 words
    • 491 5 UPI PRESIDENT Reagan will assure leaders of the industrialised world the United States plans to keep its money supply growing slowly and will try to reduce budget deficits, said US Treasury Secretary Donald Regan. "What they want to hear from us is that
      UPI  -  491 words
    • 252 5 UPI WEST German Chancellor Helmut Kohl is against exporting "sensitive material" to the Soviet Union, but he does not think it will be a main theme at the Williamsburg economic summit conference. Mr Kohl said it makes little sense to ship such material to
      UPI  -  252 words
    • 112 5 Reuter THE United States is discussing with its allies the situation in Poland and the economic sanctions taken against Poland when martial law was imposed there in 1981, a White House spokesman said. If progress were made towards reconciliation in Poland, "we are
      Reuter  -  112 words
    • 447 6 Renter US Commerce Secretary Malcolm Baldrige said yesterday that his talks with Chinese leaders started in an excellent atmosphere and that he did not expect the highly sensitive problem of arms sales to Taiwan to dominate trade issues. Mr Baldrige said the purpose
      Renter  -  447 words
    • 122 6 PEOPLE living in many Russian villages cannot get emergency medical services either because there are too few doctors or because ambulances are being used to transport vegetables, Izvestia said. The newspaper said a special government committee of the Russian Federation, largest of the 15 Soviet
      122 words
    • WORLD IN BRIEF
      • 501 6 Agencies CONTINUED International Tin Council export controls should enable the buffer stock manager to be a net seller of a modest 7,000 tonnes in 1983 after net purchases of 52,000 last year, London Metal Exchange broker Amalgamated Metal Trading Ltd said. In its latest review
        Agencies  -  501 words
    • 364 6 UPI IN a secret agreement attached to the Israeli-Leba-nese troop withdrawal pact, the US formally supports an eventual peace treaty and diplomatic relations between Lebanon and Israel. Diplomatic sources in Washington said yesterday that the US position is in line with publicly stated
      UPI  -  364 words
    • 236 6 Reuter THE Japanese National Polk* Agency, ending its twomonth long investigation into spying activities of a former Tokyo-based Soviet KGB agent, said yesterday that it would take no legal action against any of his alleged collaborators. Stanislav Levcbenko, who operated in Tokyo for four
      Reuter  -  236 words
    • 328 6 AP AN ITALIAN newspaper has published what it says is a secret government report alleging that the Soviet Union and other communist countries provided training and money to Italian terrorists. The conservative La Nazione of Florence said it obtained a copy of the
      AP  -  328 words
    • 208 6 AP FOREIGNERS and foreign companies may sue foreign countries in US federal courts even when the dispute is not a federal matter. An unanimous Supreme Court ruled on Monday by a 9-0 vote that a 1976 law passed by Congress to
      AP  -  208 words
    • 362 6 NYT I* A SYNDICATE led by the Is Shawmut Boston Internay tional Banking Corp is providing a US$B million line of credit to rescue the General Coffee Corp, part of the corporate network of a Colombian importer, Alberto Duque Rodriquez. At a meeting in
      NYT  -  362 words
  • Page 4 Advertisements
    • 352 4 "Xa -»i Ihh V CjM, flii£Sslisiii SsSJiIP 'V// fif bS"!; «*> •£3* i !l» «fc ["--I fa t—^ 1 i i *3, m "ll' **********118 I '-v] ln»~ <r ---W (li 11 Vjf A -=*y ,'J» |i vi>. \)bhmi -3 ft* m m selected to create i ookmr co-ordiaafeed UKM
      352 words
    • 148 4 &stlje tasks cfjaijge, so njust seating. The Designer's Collection has been tlesigned to be responsive to a wide variety fj of individuals doing a wide variety of jobs. By meeting their postural requirements, jg7l the chairs work with the occupants U to keep them alert, active, productive and happy jA—3B
      148 words

  • 719 5 ARRIVALS Service Local Operator Number Tine Froa SIA SQ11 0010 LAX/TYO PAA PA5 0015 JFK/SFO/HKG TMA TL331 0200 BEY/BOM/KUL CAL CI343 0420 TPE/HKG/KUL MAS MHG01 0820 KUL CAL CHJ10 0855 JED/DHA MAS MH671 0905 KUL MAS MH811 0910 PEN SIA SQI03 0M5 KUL RBA BI421 1000 BWN
    719 words
  • Page 5 Advertisements
    • 172 5 sacoll .A V y v. •M f r < t 4 m> wa r u »"o vr* **"c fi A/' v' \rjr. 4 3»^ C. Vwflk. r- •-1 ///f fftt «S»4, v*rH M: m N X Owned by few.desired by many. s Patek Philippe Display and Service Centre, Tong Building
      172 words

  • Page 6 Advertisements
    • 164 6 Maxims announces a nevy shorter daily lunchtime menu s w Many top Singapore businessmen today would love to invite important clients or visitors to sample the superb food, exquisite wine and unique ambience of lunch at Maxim's. it t as leisurely a lunch as they might wish. j.. Maxim s
      164 words
    • 169 6 Uniweil 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) CONTROL
      169 words

  • 739 7  -  Japanese Prime Minister Yasuhiro Nakasone has come up with a vision of how the country and its people should conduct themselves in the future. JAMES FOLEY has the details. JAMES FOLEY Reuter JAPANESE Prime Minister Yasuhiro Nakasone has cast aside his public image as
    Reuter  -  739 words
  • 823 7  -  FORUM with JAMES RESTON NYT THERE are no "great expectations" in Washington about this year's summit meeting of the industrial nations at Williamsburg, Virginia, over the Memorial Day weekend. President Reagan hopes for an "exchange of views'* on economic growth, interest rates, monetary policy, budget
    NYT  -  823 words
  • Page 7 Advertisements
    • 16 7 Our customers had good reasons for deciding on NEC. €todro-28 EMM SB c I NEC Corporation
      16 words
    • 114 7 The backing support every modern office needs Swissline Zueomat Technology demands more of your staff. Long working hours at the VDU terminal require healthy and comfortable sitting. The Swissline Zueomat is specially designed to fit your body. The permanent contact backrest supports your every movement. Hence, it helps prevent muscle
      114 words
  • Page 7 Miscellaneous
    • 51 7 m COY WITH we, 8 tie I.C .til JlB <>» ill!? >4 K BllStd^'i r i^n]LDid<3eno PtfvNTUtNG tb fePfl" ToDfY/ O r »T'S not my Fpsulx —Voo'Re uvsr ON n*f ftXfrO. vm surprised per ncu taking rr so C-PiimLV, I BRiSTOIO... J UREI H^STPUGKT me TO ncvgr e>nt -we HPiND
      51 words

  • 516 8 HISTORY, it is known, repeats itself, usually after a relatively long period of time. But in respect of the stock markets here and in Kuala Lumpur, it appears that history repeats itself almost once in every two years. In the middle of 1981, following the market's rise
    516 words
  • 4318 8  -  Kentucky Fried Chicken (S) Ltd, the first fast food company to go public in Singapore, made its debut on the stock exchange yesterday. In spite of the popularity of its fried chicken and shares, little is known about the history of the company
    4,318 words
  • Page 8 Advertisements
    • 178 8 1 SEMINAR PACKAGE There are 1000 and 1 details to organising a successful seminar. Leave the 1000 details to us, the one you have to do is to call our Banquet Manager on *****66 Ext 198. For a minimum attendance of 20 persons, we offer you a very special package
      178 words

  • Page 9 Advertisements
    • 135 9 The Oriental Gourmet Resta is about to print 50 of these set lunch menus in 3cok>urs on a Canon than a typewriter. Call *****11 or any Canon PC Copier dealer and ask about Canon's revolutionary new PC2O copier it's half the size, half the cost with more capabilities than conventional
      135 words
    • 52 9 f I The PelUnce Hote<pak offers you immediate confirmation of hotel accommodation Carefully selected hotels at convenient locations in most gateway cities ail over the world Savings from 20% to 40% of the normal hotel tartfts No limit on your length of stay AH rates include local taxes and service
      52 words
  • Page 9 Miscellaneous
    • 626 9 I I -IK-ORE CROSSVOBD J CRYPTIC PUZZLE ACROSS 1 Give one's address (5) 6 A personal opening (5) 9 Rose to be a hiker (7) 10 Dirty as my rig may be (5) 11 Restaurant bills (5) 12 Looks soft in the head! (5) 13 Well-liked turn in one part
      626 words
    • 554 9 3.00 PM Opening Nbni by Love Forever. 4.35 Exercise with Qoria 4.55 The Animal World Wayfeggo, Wayleggo. 5.20 The Electric 5.45 The Moon Staßon (Part 3). 6.15 News (English) 6.25 Tutankhamun's Egypt. 6.50 Happy Days 7.20 Newswatch 7.30 News and Weather Forecast (Malay) 7.50 Sandwara TWk Portemuan. 5.35 T. J.
      554 words

  • RAW MATERIALS
    • 897 10 COFFEE: Robusta coffee futures were off the morning's lows at midday but still showed net losses on the day of £14 to little change in forward contracts. The lower overall move reflected higher sterling against the dollar and lower prices in New York on Monday night. Trading was
      897 words
    • 352 10 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f o b. 217 00 218 00N Int. 1 R.S.S. June 219 00 220 00 Int. I R.S.S. July 223 00 224.00 Int. 2 R.S.S. 209 75 *****N UK/Cent ***** 210.75N Int. 3
      352 words
    • 124 10 NOON 881 li and SMR price* yea tardar ftAS Jut Jal, (Forward Bayara 8a (Carnal Mtk) Bayer* Sailer* Mtk) SSR JO (1-UJB pallet} 203 SO 206 50N 204 SO 206.50N SSR SO M RELB (1 too pallet) 199 50 Jan 201 SON 200.50 Jaly 202-SON SMRCV (1
      124 words
    • 61 10 THE STRAITS TIN price in Penug yesterday was unchanged at Ms3i.7C a kilo, still within the ITA "may boy" range of $29.15 and $32.11, dealers said. They noted the buffer stock manager absorbed the 75 tonnes of ore on offer. One hundred and forty five tonnes were offered
      61 words
    • 30 10 Rubber: May 24 Singapore: June: 220.50 cents (op 1.50 cents) Malaysia: June: 239.00 cents (up 14(0 cents) Tin: M $30.70 per kilo (unchanged) 75 tonnes (down 70 tonnes)
      30 words
    • 339 10 RUBBER prices in Singapore yesterday closed slightly higher with June One RSS buyers quoted at 220.50 cents a Idlo, up 1.50 cents from Monday's close. Morning prices were quietly steady on light buying interest after a lower opening, dealers said. Afternoon prices gained some ground on higher London opening
      339 words
    • 319 10 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.04, 100 per cent second class 0.76, 100 per cent third class 0.72, 25 per cent new crop 0.58, B-10 per cent no stock. THAI BROKEN: A-super 0.62, Special 0.56.
      319 words
    • 170 10 CHINESE PwiMt Exchange, per 1M kg yesterday. Ctemt «U: Bulk fob $115.00 sellers, old dram (in second hand dram) fob (128.00 sellers, new dram fob $132.00 sellers. Copra: Mixed (loose) $64 buyers. Pepper: Muntok white pepper fob Asta NLW $355.00 sellers, Sarawak white pepper faq fob NLW $355.00
      170 words
    • 196 10 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) CttUa ymra: China Blue Phoenix 20b 2,500; 32s 3,230, 40b 3,300 (per bale of 400 lbs). Piece gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      196 words
    • 124 10 THE Malaysian crude palm oil market yesterday eased further in quiet trading, with buyers reserved, dealers said. In the May position, central (ell M 57.50 to $832.50 a tonne while in June, south lost $17.50 to $842.50. The refined market was also quiet, with Sep/Oct RBD palm oil
      124 words
    • 215 10 SOYBELAN futures in Chicago on Monday closed four to 414 US-cents a bushel higher, near the top of a 5V4cent range. Prices traded higher throughout the session spite early weakness in financial instrument and precious metals markets. When those outside markets rallied after midday, grain values gained strength, traders
      215 words
    • 124 10 NEARBY wheat futures in Chicago on Monday closed mostly unchanged while dis- tant May and July were off as much as four cents bushel in light activity. Nearby July traded in a narrow 2'/« US-cent range. Traders said distant I months closed lower en profit-taking after endiig out of
      124 words
    • 309 10 Reuter CHINA is seeking to surpass its 1982 record wheat harvest of 68.42 million tonnes this year, the China daily said. Quoting the Chinese Peasant News, it said the winter wheat crop in the north China plain was in good shape and
      Reuter  -  309 words
  • Page 10 Advertisements
    • 152 10 «V- m v ■w 7 J rr »c V J f" w *jn •w Now. Qantas offers more of Europe. Three times a week to Rome and Frankfurt Now, Qantas offers you even more of Europe, with three new direct services to Rome and on to Frankfurt. Flights depart Singapore
      152 words

  • MONEY AND EXCHANGES
    • 476 11 THE US dollar opened generally weaker against major currencies on the foreign exchange market yesterday, after Monday's strong rise because of increased US money supplyIt Armed against most currencies but weakened against the sterling in moderate trading. The US dollar opened against the local currency at 2.0900/10, down
      476 words
    • 168 11 THE US dollar yesterday held quietly steady against other major currencies in late trading in Hongkong. But the Hongkong dollar hit a new low despite raised interest rates. It plunged to 7.0960 to the US unit at the close, well below the previous low of 7.0375 last Thursday and
      168 words
    • 22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.09 per cent.
      22 words
    • 188 11 ASIAN RATES ASIAN currency deposit interbank rates as at close on May 24: US Dollar*(Spot) Offer Bid 7 days 91/10 8 15/10 1 month 9% 9 2 months 9'-. 9% 3 months 9 5/16 9 3/16 6 months 97/16 9 5/16 9 months 9 1 9% 12 months 9H 94
      188 words
    • 49 11 RANGE oI prices oflered by discount houses on May 24: Overnight: 3 Call deposits: 2 3 ClotU< Bayisf SelliaC 3-month Treasury bills 2* 2W 3-month Bank bills 711/16 7 9/16 3 months CD 7 7/16 7 5/16 6 months CD 7 5/16 7 3/16 Source: National Discount Co
      49 words
    • 280 11 GOLD FUTURES in Singapore yesterday closed slightly firmer on some European buying in the afternoon. Trading was thin with total sales for the day, including kerbs, recorded at 651 lots. Prompt closed slightly higher at U*****.00/439.50 an ounce against $437/438 in New York, June at $439.00/ 440.50 against $438.60/439.50
      280 words
    • 36 11 Mm VM New Yort L3.21B 13.08B 13JBS 13.155 Zurich ckaed 13.15B closed Twa 13J5S Singapore 13.158 12 70B 13J5S 12 MS Closing prk «In US dollar* a troy ouno I. Source: Credit Suisse, S'pore.
      36 words
    • 201 11 THE dollar yesterday closed at the day's high of 235.30 yen after fluctuating narrowly in dull trading on a lack of fresh news and uncertainty over US interest rates. The closing rate was above both the 235.10 opening in Tokyo and the 234.80/ 90 close in New York on
      201 words
    • 50 11 Opening quotes yesterday US 1.5692 5702 Can 1.9300 30 Cross 1.2345/48 Dmk 3.8865,8906 D FI 4.3650/95 S Fr 3.2490 2535 B Fr con 77.57/70 F Fr 11.6690/6845 Lit 2309.10/2311.35 Yen 368.17/71 D Kr 13.8710/8845 N Kr 11.1605/1725 S Kr 11.7440 7565 Aus Seh 27.35/39 Port 155.62/157.28 Spain 216 65/94
      50 words
  • INTERNATIONAL STOCKS
    • 1243 11 NEW YORK Reuter STOCK prices staged a dramatic reversal on Monday afternoon and closed higher in spite of a sharp sell-off at the beginning of the session. The Dow Jones Industrials Average slid more than 13 points in the first hour of trading as investors reacted
      Reuter  -  1,243 words
    • 281 11 MAY 33 Rand INDUSTRIALS Un Steel Unlsec Wool worth K M0 13TS6 unch unch *25 A Alpha Abercom AE And CI Amaprop AMIC 830 300 MO MS -5 -90 -5 unch Anglos MININGS 2525 3300 Anflvaal Blyyoor* Buffel* 1500 1615 0M0 •120 -4M Barlow* C O Smith 1315 T^nr
      281 words
    • 81 11 If AY 23 Ure Bastogt WO -IU Bet MSO 360 Central* Ord 1810 8 Cond Acqua Ronu k lse I Erldanta 7400 rut Ord zasc O Oenerall 131*75 875 Otm mo -ft in Prt* tns 106 Invest zzS lUlcemeotl Ord Itelfu Lepetlt Ord ***** MB jsaoo 100 -as -so
      81 words
    • 28 11 THE TORONTO Stock Exchange was closed on Monday (Victoria Day). Many European bourses were also closed Paris (Pentecost) and Amsterdam, Brussels, Frankfurt and Zurich (Whit Monday).
      28 words
  • Page 11 Advertisements
    • 83 11 119 Pick of the Month! (Normal: $225) Silhouette 2000 The best (24") 61cm buy for your holidays. Combination and key locks. Maroon or Grey. At luggage shops, emporiums and department stores while stocks last. 161. 0 Samson ite* Kk'vt qot you* hxy Specialist in Aluminium signs, Bronze signs, Neon-light, Plastic
      83 words
    • 187 11 \r 1 i The Chartered Bank i VotfS®"' \\3 \tf *£A ISO 9 3410 1234 sblB 4* *> I* A* v> \j use it all the time. There are many good reasons to use your Chartered Bank VISA card every time you shop or dine out. It is so widely
      187 words

  • Page 12 Advertisements
    • 163 12 Where to wine, dine and entertain PH with the American Express Card HI. H y 0 do"" 1 already have the Card, call *****33 for an application form" Happy Hour at Treetops Bar Spend "Happy Hour with us at the Treetops Bar and enjoy the third drink on the house.
      163 words
    • 173 12 r a go ll *i) uudotl Seafcwl KL^SUIUICUU o J* f A V. << c. 1 EInSU Ifnr.lD at its At Garden Seafood Restaurant, you can find Singapore style seafood at its best. The live prawns, fish, lobsters and crabs are freshly caught and cooked to perfection. Choose your dish
      173 words
    • 196 12 ti Discotheque 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 First Drink Charge: Waafcdays ft Sundays. 9pm- 2am, $17 00. Frt d«ys. Saturdays A E*a of
      196 words
    • 283 12 Magic In the air Fled Mam master of illusion. At the Inn of Happinessjbp of the Hilton. Chinese Dfrmer&ShowllK) nights only. May 24th fir 25th No covcr charge for diners. $12.50 per person for non-diners. Showtime 9.30pm. A 10% Service Charge and 3% Government Tax will be added. C (»-SfH(fiM»rcJ
      283 words
    • 192 12 m ,r h*S9s < fhnhm a t «i •5 S*GAPORt For information i reservations, ptease call *****22 ert 133/917 or direct line *****09 restaurant 1 is Try our sumptuous delicacies from the Hunan Province. noYOtci nirl.B .1 OrCiHG mn Stnaapor* 214, Duneam Road, Singapore 1129 Tel: *****49,*****22 ExLl3O C 7
      192 words

  • 2651 13 BID and after prlcH «WfcHaßy UMd •ad hMtaMB la aad rapartad to the Mock Kirhaf at Stagapore yaaMrtey wtth the number at ahares traded Amu la bracket» la Ma at IMB uatts aaleaa othenvtae apeciflad. An Ttaeee Settlement Oaatracts art quoted after
    2,651 words
  • 141 13 TtwCeenmer* 11 uf The Savtngi Fund LM LM S'pore Pro* Fund IJ» 1JI S pare Sec Fund L2T 2.41 S'pore Invert Fund US L» Spore Equity Fund 1*7 LM (UM) M INCOME BON iarMayM) April May OJB OM LM LM DUNVT law) LM LM ASA UNTTRUR It tune
    141 words
  • 3184 13 IMS Hlgk Low C—M«y Last Sale 4-er-fir's DIT Dhr Or fir's ru IS Vel COOO) Day Hick Lew 8ECTION ONE INDU8TEIAL COMMERCIAL as 306 an 11* an MB 046 saB ion an 236 140 140 IM* an ar an in sn 2M sn on ion 430 Aetna
    3,184 words
  • 1971 13 BID aad offer prioas tfktdr MM' •ad batfaaaa la aad HfM< to Ik* Kuala Uaapm Stock yottcrday, wttk Ik* Mtar of Ami trafed Ainu ta brackets la lota of IM «Mi uaiaaa odMrwte *adftad. UUMIKUU AJeaa (MS IMS) (IT) X» (44) IB (14) IB 3B (M) 113
    1,971 words
  • 601 13 KENTUCKY Pried CUekca aa 'the Sleek tokap at /TT^liianoTT paVlTe"' reeaatly at $1.11, epeaai stroagly at $LM aai raae stoaiUy ta etaae at UM. It waa toe Mat active ataek wMh 1M mBTke Market epeaei atea4y ea aewi that tke evendgkt New York aatfket tat j
    601 words
  • 505 13 THE Kuala Lumpur stock market yielded further ground yesterday in cautious trading. Overall, sentiment was depressed as investors remained confused by press reports last Saturday that Bank Negara wanted to see excessive speculation curbed in the stock market. Furthermore, with no official statement forthcoming from
    505 words

  • ASIAN STOCKS
    • 491 14 THE recovery on Wall Street on Monday buoyed share prices in Tokyo yesterday, with the market average rising for the first time in (our sessions. The average added a provisional 34.87 to close at a day's high of 8,563.51 on volume of 230 million shares, while the
      491 words
    • 377 14 AUSTRALIAN share markets yesterday recouped most of Monday's losses as share prices closed broadly higher In light trading, following good gains overnight on Wall Street. Near the close the All Ordinaries Index, which on Monday lost 8.3 points, was up 5.5 points at 606.1, due largely to solid gains
      377 words
    • 144 14 SHARE prices yesterday closed mixed on turnover of 1.51 million pesos compared with 6.31 million on Monday. The commercial and industrial index was up 0.03 to 109.10, but the mining marker was down 32 to 1,476.67, and the oils index was down 0.022 to 1.328. San Miguel "B" rose
      144 words
    • 326 14 HONGKONG STOCKS yesterday fell heavily for a second successive day because of a weak Hongkong currency and a two-point rise in local deposit rates across-the-board that came into effect yesterday, brokers said. The Hang Seng index closed below 900 for the first time since early February
      326 words
    • 169 14 THE stock market again eased in quiet trading yesterday on the absence of buying support. The Book Club index fell 0.35 to 122.68 on turnover of 31.6 million baht with 212,156 shares changing hands. In the cement group, Jalaprathan Cement and Siam Cement lost two baht each to 174
      169 words
  • 854 14 SHARE prices opened firmer ye*terday following the overnight rally in Wall Street stocks, with PAO a feature as Trafalgar House announced an offer for the company, expected in the market for some time, dealers said. At noon, the Financial Times index was up 7.7 points at 700.1. PAO
    854 words
  • Page 14 Advertisements
    • 79 14 (A] The Penguin Dictionary of Modern a wonderful book to read in the 100, in a traffic jam, before you fall asleep.' "Me,. 'j Our annual taste treat is all wrapped up! 'Rice Dumpling Supreme' of steaming glutinous rice with fragrant fillings of mouth-watering ingredients. Also available, plain dumplings with
      79 words
    • 171 14 You cannot come closer to First Class on an Economy Class ticket. SAS First Business Class One-stop 747 flights to Europe Relax. And look forward to a P, 7 7 Bervic f service you expect only from kp of luxury when you travel on First Class bAb r irst Business
      171 words

  • COMPANY NEWS
    • 942 15 Reuter IF NATOMAS Inc decides to seek an acquisition offer that will exceed Diamond Shamrock's, its bait will be a massive cash position. Wall Street analysts said the cash, along with desirable oil and gas properties in Indonesia, may be enough
      Reuter  -  942 words
    • 206 15 Reuter TRAFALGAR Housing Ltd has decided not to go along with a suggestion by the Securities Commission that Trafalgar request a suspension of trading in its shares on the Hongkong stock exchanges. The commission made the suggestion after learning that certain hunk* and deposit-taking companies
      Reuter  -  206 words
    • 260 15 SHAREHOLDERS af dm late Products (Malaysia) Bhd Mi sell their shares en the KIBE If they wish to realise aa lanwiliti gala, pravided the market priee toes wt fall hetew the effer price ef M$3J6 made by the Un Kheag Kim grasp daring the offer
      260 words
    • 139 15 TRAFALGAR House PLC will offer five Trafalgar ordinary shares for every £4 of deferred stock in Peninsular and Oriental Steam Navigation Co PLC (PAO). The offer values the deferred stock of P4O at £300 million or 210 pence each. tyll acceptance will involve issuing about
      139 words
    • 513 15 MBF HOLDINGS MBF HOLDINGS will continue to focus its activities on the property and finance sectors In Malaysia as well as In the Asean region. Over the past few years, concentration on these two areas has led to an expansion of its property division and
      513 words
    • Corporate Roundup
      • 101 15 will make a one-for-20 bonus issue on Sep 30. A company spokesman said Toshiba expects a 30 per cent rise in its office automation equipment sales to 350 billion yen in the current year to next March 31 and a 14 per cent rise to 640 billion for
        101 words
      • 53 15 after-tax profit was 4.51 billion yen (4.71 billion) in the year ended March 31. Recurrent profit was 8.88 billion (8.81 billion) while operating profit amounted to 12.29 billion yen (12.42 billion yen) on sales 342.22 billion yen (330.20 billion yen). It is paying a dividend of
        53 words
      • 53 15 has reported parent company after-tax profit of 25.08 billion yen (22.20 billion) in the year ended March 31. Recurrent profit was 50.39 billion (47.73 billion) while operating profit amounted to 99.65 billion (94.48 billion) on sales of 1,392 billion (1,316 billion). It is paying a dividend of
        53 words
      • 82 15 has re- ported parent company after-tax profit of 10.07 billion yen (9.96 billion) in the year ended March 31. Recurrent profit was 24.07 billion (23.08 billion) while operating profit amounted to 18.15 billion (16.71 billion) on sales of 406.41 billion (393.10 billion). It is paying a dividend
        82 words
      • 53 15 has reported parent company after-tax profit of 12.90 billion yen (12.60 billion) In the year ended March 31. Recurrent profit was 24.48 billion (28.10 billion) while operating profit amounted to 49.94 billion (33.08 billion) on sales of 1,642 billion (1.684 billion). It has declared a dividend of
        53 words
      • 34 15 has made the following forecast for the current year ending next March 31: after tax profit 27 billion yen; recurrent profit 53 billion and sales 1,540 billion. It made no dividend forecast.
        34 words
      • 84 15 has reported parent company after-tax profit of 14.01 billion yen (10.74 billion) in the year ended March 31. Recurrent profit was 17.67 billion (22.37 billion) while operating profit amounted to 24.12 billion (31.60 billion) on sales of 565.50 billion (556.81 billion). It is paying a dividend of
        84 words
    • 369 15 MALAYSIA Borneo Finance Corporation (M) (MBFC), whose shares are expected to be listed on the local market in late May or early June, turned in the highest earnings in its 13-year history last year. Net pre-tax profits were up by 45 per cent to M
      369 words
    • 141 15 BRlTBH-AsMrteaa Tsbaees Csmpaay (flhgapsn) LM: Fortieth AGM to be held at Bokhara Room, Marco Polo Hotel, Tanglin Road, Singapore on Wednesday, May 25 at 11.00 am. OVERSEAS Untaa Bank Limited: AGM to be held at the Mandarin Court 'A', 4th Floor, Mandarin Hotel, Orchard Road, Singapore on Wedneaday,
      141 words
  • Page 15 Advertisements
    • 153 15 This announcement appears as a matter bf record only. This is not an offer or an invitation to subscribe for or to purchase any shares in Bonvests Holdings Limited. Bonvests Holdings Limited (Incorporated in the Republic of Singapore) (Former Name: Industrial Electronics and Engineering Limited) Capital Authorised 100,000,000 ordinary shares
      153 words
    • 47 15 This announcement appears as a matter of record only NEW ISSUE 25th May, 1983 Province de Quebec (Canada) U5550,000,000 10% Bonds due 1995 THE NOMURA SECURITIES CO., LTD. DAIWA BANK (CAPITAL MANAGEMENT) LTD. KUWAIT ASIA BANK E.C. THE NATIONAL COMMERCIAL BANK ORION ROYAL PACIFIC LIMITED (SAUDI ARABIA)
      47 words

  • Chief Price Changes
    • 160 16 Rises Indices Public Baak 900 30 Ial Wood 300 20 May 23 May 24 DBS Hou Looag lad I CB «25 WO 710 10 10 10 BT Composite: BT Indicator: 889.24 *****5 885.36 *****6 K L ladulriM 060 10 ST Industrials: 918.26 913.39 Pafi Mai* 440 10 ST Finance:
      160 words
    • Article, Illustration
      165 16 Rises Indices Gold Coin Public Corp 605 360 40 20 May 23 May 24 Chin Teck 900 20 MBT Index: *****57 *****22 Falls NST Industrials: 1256.46 1245.26 NST Finance: 2218.19 2215.16 Troooh 940 -80 NST Hotels: 654.42 654.67 Metal Box 360 -40 NST Properties: 917.05 910.92 H L
      165 words
    • 49 16 H.K.HANC SENG Monday 590.7 Week Ago 002.5 Monday 902.71 Week Ago 930.70 AUSTRALIAN INDUSTRIALS Tuesday 752.9 FINANCIAL T1ME8 INDUSTRIALS Monday 092.4 Friday 895.2 Week Ago 071.1 DOW JONES AVERAGE INDUSTRIALS Monday 1200.50 Friday 1190.02 Week Ago 1202.90 Monday 749. A Week Ago 756.3 ALL ORDINARIE8 Tuesday 005.1
      49 words
  • 411 16 STOCKBROKERS whe are Mt w the Kaala Lampar Stoek Exchange Cammltte were still net Informed late yesterday, effldally sr •tfcerwlse, *t any meves by Bank Negara to cmrb what has been described as an "•ver-extoaded market". The stoekbrekers caatacted by
    411 words
  • 419 16  -  ■Shi Companies Editor: Mano Sabnani By CHAN OI CHEE LOWER costs and increased contribution from its Malaysian associate have helped Yfeo Hiap Seng Ltd to turn in commendable earnings at half-time. The food and beverage group yesterday announced a 20 per cent Jump
    419 words
  • 485 16 MITSUBISHI Motors Corpora tion of Japan will stop exporting its new 1300-cc to 1600-cc models to Malaysia next year in anticipation of the production af similarsized Malaysian-made cars. Cycle Carriage (M) Sdn Bhd, a unit of Cyeie A Carriage Ltd, however, will continue
    485 words
  • 352 16 MALAYSIAN Mining Corporation (MMC), the world's biggest tin-mining group, has turned in a lower group pre-tax profits of $53.68 million for the year ended Jan 31, 1983, on a turnover of $753.00 million. These compare with pretax profits of $69.06 million and a
    352 words
  • 127 16 SIN HENG Om» (M) AM has a——sad atl per eeat Increase Is grasp pre-tax praflts te Mr-31 rnillUa for 1182 (K.K mIIHM prtvtou ty). Grasp tuMver was sp S per eeat at lIIMI mIIHM (StlJ mllliM). The eampaay has declared a dlvtdead sf lti per eeat grass (same) pay
    127 words
  • 164 16 OVEBBEA-CHINEBE Basklag Cerpsralfaat annual meeting m Saturday wOl be the last to be ehaired by Taa Brt Taa CMn Taaa, bat he Is ataaflag far eieett— to the besrd again. Like Ms fallow dtaaetor Mr Taa Haas Sfasg, Tas Sri Taa
    164 words
  • 564 16 Taking Stock.. By Hock Lock Siew FOR shareholders of long-suspended who have been stuck with non-tradable scrip all these years, May 25 affords them an opportunity to do something. But this columnist would advise them to think twice if they are considering dumping their holdings in the market
    By Hock Lock Siew  -  564 words
  • 269 16 DUTA iBIsllii BUI shares will be traded on a ready basis from 10am today, following the lifting of the company's shares as a designated security. UNITED IatcmttMtl Securities has announced that its unaudited consolidated net tangible asset backing per share was $1.87 as at April 30,1983. (HUB) Malayan
    269 words
  • Page 16 Advertisements
    • 411 16 See Page 14 for London stock* Selling for Success Juiys 6,1983 (2 days) Introduction Selling was never easy. Today it is downright difficult! As all sales managers know, it is not just a question of selling volume, but profitable volume with costs under control. Many courses concentrate on behavioural aspects
      411 words
    • 3 16 EdHrUJ pugt> 8
      3 words
    • 69 16 L.JI I f v ■A Anniversary Film Festival A Four Day Programme showing the most successful Training Films from Video Arts Cally Curtis DATE. 06 June 09 June 1983 VENUE: Equatorial Hotel, Singapore SERVICE S$ 17 50 per holf-doy session CHARGES: (This mckides coffee and tea but not lunch) Please
      69 words
  • Page 16 Miscellaneous
    • 54 16 OUTLOOK for today: Cloudy with scattered showers. Report for 24 hnn prtor to 7J9 pm m May U at toe airport: Maximum temperature 32.5 Associated humidity 68 Minimum temperature 25.0 Associated humidity 84 Hours of sunshine 2.95 Rainfall in millimetres Nil Total rainfall for the month 134.6 Total rainy days
      54 words

  • SHIPPING TIMES
    • 333 17 AN international freight forwarding company, WR Shipping has introduced a consolidation service from Le Havre to Singapore. Mr Olivier Davy, managing director of WR Shipping, said it will be unlike the services provided by other forwarders, who accept cargo from the shippers
      333 words
    • 524 17 Bernama PERASHOWA Leasing (Malaysia) Sdn Berhad, a joint venture company, hopes to transfer know-how in ship leasing to the country. The company's managing director, Mr Toshiyuki Motohashi, said this was one area where Malaysian leasing companies had no know-how at present. He
      Bernama  -  524 words
    • PORTSIDES
      • 93 17 THE PORT of Singapore Authority has reminded masters, owners and agents that all tankers, LNG/LPG carriers, bulk chemical carriers and bulk carriers are required to be certified gas-free by its chemist before going to any shipyard. This requirement applies to all bulk carriers, whether carrying petroleum products or
        93 words
      • 80 17 THE WEST German Navy's training cruiser, Deutschland will make a week-long visit to Singapore today. The vessel, which will be in Singapore till May 31, will be open to the public on May 28 from 2 to 5 pm. She will be berthed alongside Keppel Wharves, Godown
        80 words
      • 106 17 THE AUSTRALIAN government has introduced legislation to improve the protection of the country's marine environment. Transport Minister Peter Morris said this will be done by implementing internationally agreed controls on the discharge at sea of pollutants from shipping. "The Great Barrier Reef will be given special protection by
        106 words
    • 768 17 SUpptacLfae CM SUpftagLtae Pure CM AC Toepfer VI l EUat VI s AIm vm I Qmi m 41 AhrtMMLiMr VI s Eurasia Line X s All tram vn 1 Everett Orient IV 4 Alpac VI s Evergreen IV 3 Angonave IV 1 react) vn 4/3 Antara Shpg
      768 words
    • 766 18 AFP TIME-CHARTERING of bulk-carriers claimed the lion's share of attention on the freight markets last week, with Japanese and South Korean enquiry well to the fore Chinese charterers were featured at the end of the week as they lifted grain from the River Plate and fixed charters on
      AFP  -  766 words
    • 358 18 TMR AMERICAN Coastal Line plans to reactivate its two vessels, which have been laid up since mid-April after the company lost its second bid to carry Military Sealift Command cargo on the North Atlantic route. The Amco Voyager sailed
      TMR  -  358 words
    • 1800 18 MORE active grain chartering occurred on Monday out of the US Gulf with freight rates ruling steady to slightly easier, shipbrokers said. A vessel was booked from the Gulf to west coast Mexico at US$l9, down 11. A fairly steady $8.25 was agreed from the Gulf to the
      1,800 words
    • 897 18 NYT OWNERS of oil tankers that operate solely between ports in the United States have begun a campaign against an administration proposal that would increase the number and size of tankers eligible to compete in the domestic market, especially in the US$l.3
      NYT  -  897 words
    • 194 19 THE MAJOR shipping consortia operating between the Far East /Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container
      194 words
    • 103 19 CYPRIOT buyers clinched a deal to buy Townsend Thoresen's salved freight ferry European Gateway and indicated she may be destined for a new life plying between Aegean islands. Clorinda Navigation Co of Nicosia has acquired the 4,263 tons gross vessel on private terms. Although there were
      103 words
    • 293 19 CHINA has purchased two surface effect ships manufactured by Vosper Hovermarine of Southampton. The HM 218 models will be used to Improve passenger transport services on the Yangtse River. The transaction, with the Changjiang Shipping Administration Bureau of Wuhan, was negotiated by the Hongkong
      293 words
    • 447 19 Reuter PROSPECTS for dry cargo bulk carriers and tankers remain gloomy with surplus tonnage continuing to overshadow the shipping market, the General Council of British Shipping (GCBS) says. In its annual report, the GCBS says the tramp market continued in the doldrums in 1982
      Reuter  -  447 words
    • 5962 24 SCHEPPLE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      5,962 words
    • 610 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL ql* for LCL Movement Ship v °y Date/Time Operator Cargo Schedule ArnoldMaersk 8306 26 IS 0800 en L, ne w 49 1100-1300/1800-2000 Or Chief SIS 51 0800-0900/1800-1900 28 5 83 1600 Jardlne 49 0800-1000/1900-2000 2359-0100/1100-1300 Thames Maru 32/540
      610 words
    • 1763 25 The leading shipping lines operating from local ports and their agents. A B Adriatic Cmlilin Continental Feeders <S> Cargo Freight IPKI ATEA Singapore Shipping Corporation <S> Jtmbiun Mrrah (PKi R Jumabhoy A jow (PN i Urs-Esraata Liar Transgroup Pie Ltd *hrenhlei Liner Service Kim Shpg ,Sl
      1,763 words
    • 468 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Balantang 27/8 L Soon alongside 25.5.83/2300 Cherry Orient 31/2 L Soon alongside 25.5.83/1200 Coral Princess 47 HGilf alongside 25.5.83/1200 J&cek Malczewskl 33/4 Baltic alongside 25.5.83/1800 Kota Slngapura 8/9 PIL alongside 25.5.83/0600 Silver Star 20W SSPL alongside 25.5.83/1500
      468 words
  • Page 17 Advertisements
    • 235 17 Everett Lines ro« thi most frequent sailings to BANGKOK HONG KONG JAPAN BUSAN CHITT AGONG j CAICUTTA CHALNA •RANGOON BUENOS AIRES •CALLAO MATARAM Everett Steamship Corpn. S/A Chttoid Centre Singapore 1 Tel *****9 36. Beach Street. Penang Rm 36 103 OCBC BWg lei P1441/3 Port K*ton( Agents Harrisons CrosWd Tel:
      235 words
    • 314 17 OSEALORDO -1 UASC i UNITED ARAB SHIPPING CO SAG) 1 ■r AL RUMMTHMH ¥.17 20/6 Al HAJBA V.2 I 4/7 SEALORD SWTM AGENCES (R*t No 242U5/OOC) 70 SHENTON WAY #04-02 C MARMA HOUSE. SMGAPORE 0207 TEL *****94 TELEX NO R*****9 CFS OFC 2nd FLR TPC Unit 230 TEL *****31 and
      314 words
    • 1 17 inside
      1 words
    • 528 17 i Q IRAQI LINE lUQI ST ATI (»'f PHiSt f0» ■MITIMf T*taSPO*T SEMI-CONTAINER SERVICE BAGHDAD AQABA All other Iraqi destinations with through B/Ls I j .Agents I J UNIPACIFIC TRANS ft TRADING ASENCT PTE LTD L 1 TCI Qla o a a /tii mm r annn r- MAERSK LINE EXPORT
      528 words

  • Page 18 Advertisements
    • 365 18 FAR EAST/EUROPE CONTAINER SERVICE To Europe From Europe M»*| Vessel S port 11) Msertles| 2) Rdam 13) Hbirrf |4) Gburj B. PEDUM] 31/5 1) Barcetona. Genoa. 2) Amsterdam. Antwerp. L Ha»re Bis* UK. 3) Bremen Bremerh iv *n Aartws Copent\a»en Helsinki 4) Maimg Stockholm. Oslo Accepting Europe car|o tor feeder
      365 words
    • 437 18 K yAmashita-shinnihon line CONTAINER SERVICES USA/CANADA FO«8n m K MV Mtar HI UAB khmu M M k/s rmtom IVI aunraa m m tM mi n/c wn> s/i »n 1/1 tmmmi a/i Att Ift 7/1 l/l QNJridp J/7 Mm Kceptm ict carjo Pacific South Wml Pacific North Waat WNM* U/U QM
      437 words

  • Page 19 Advertisements
    • 713 19 The Straits Steamship Group OCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK 'CONTINENT "A J STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE FROM UK CONTINENT H'bMf Bran r«M> it* S'twi Pita IM M faM Mri MM 21/5 SMa4 faM Uri 95/ I km nn mn
      713 words
    • 370 19 rfg Franco Belgian Services I h th 1-' f- .i *1 v# M »(i it': /i, ;i,j n j r fits', rr. f.tne« aCI CO~SO*Tilm C.M.C.R. HMATIMARU okx flora sport PKetar* B'lona 31 May 2 to 19 ton 11 to 13 ton n tun 22 to 24 hut 10 W
      370 words

  • Page 20 Advertisements
    • 733 20 r Hapag-Lloyc TeMiEapras S *>" S twi H'burg 26/5 30/5 4/6 6/6 11/6 13/6 19/6 21/6 »/6 a/s 3/7 5/7 12/7 14/7 16/6 18/6 11/6 22/6 22/6 24/6 2/7 4/7 10/7 12/7 15/7 17/7 17/7 25/7 l/» 3/8 EITO9TS B'hawn Mam/ Lt Havrt Antwerp 20/6 21/6 23/6 20/6 26/6 27/6
      733 words
    • 510 20 MC.&line *HfA SHiMIM l o**o* A "OH CONVENTIONAL SERVICE To/From BUS AN SPOW P KfIANC PfNANC BUSAM SUNNY OCtAN V 05* 79 km 11 14 km li-16 km 2121 km AHA* VIB9W/190E It 20 Jun FOLLY CONTAINERISED TO/FROM NORTH AMERICA WEST/CAST COASTS 3/8 22/t 5/7 7/7 9/7 12/7 U/7 10/S
      510 words
    • 496 20 ©EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG Fa LCI CARGO FOR W IK HI KOM Am it* irnt 2/1 22/4 H/i 24/4 JTt 21/4 "IW »/7 11/7 13/7 14/7 14/7 [ftrlrtn, 25/4 U/7 u/7 2i/7 n/7 *iso *ccffT»B ia/Fa t fa/fa ro amjIMC. tMHfi COPIMMSEN. OSIO STOCKHOLM XL SMI MIEN
      496 words
    • 960 20 Everett Lines! Burma Five Star Shipping Corpn. JBk "BURMESE NATIONAL LINE" LOADING FOR RANGOON PAGAN HTWtTWA •••MIAATTAirrWA MM HTANTAWYWA Spat mutt/nut, H/tt Hit »/3I Hit 2/4 Im U/W km rc. ..Ji FJSC Agent* riMotaywo BOUSTEAO SHWING TEL NOS KL *****4/*****7—PKELANG *****1/8 P6NANG *****1/8 C#mpem« Arfentiaa o» H a ««MCien Iwiereoiwmtnm
      960 words
    • 262 20 A HXSI NOSE MARITIME PTE LTD un SUN UNION LINE KARACHI SERVICE SMGUOK P.KELAAG FENANG LOAD FOR VORTEX MMffX a %MAQ§ SOUTHER* CROSS I 25 lim »j», AGENTS s"""* sjroinwmim JEI 220n44/7 t *****74 SBSSSspSa"" I* ?»3 ft (3725 TO PAPU KYOWA LINE ailiZEiJ i: i i: i PACIFIC lu*«
      262 words

  • Page 21 Advertisements
    • 892 21 S\v PIL GROUP KOTA JAVA KOTA MCWAH KOTA CAMAYA KOTA DCWA KOTA WWATA KOTA WANOI K BMOAPORC LOADMQ FOR: S/4 JUNK HOOBDAH, JCDOAH, AOACA, AOCN, KMMAYU 11/17 JUNK HOP—AH. W. >UOAM. MOOADWCIO. MOMCABA 27/30 MAY DJMUTVHOOCBAH.JCOOAH.rT. SUDAN. AOCN, MOGADISCIO 30/3 JUNC HOOBDAH.JCDOAH.AaAaA.ADCN 3S/30 JUNC HOOBDAH, JCDOAH, AOCN, AQABA, PTSUOAN JULY
      892 words
    • 460 21 BENLINE CONTAINERS EXPRESS CONTMPO SERVICE TO/FROM EUROPE STRAITS OMR hum uorr to call at kd sea pouts PENAN6 FED VIA SMGAPORE BEN ASIA CONTAINER SERVICE BENBULK BULK SERVICE FOR TIMBER AND PLYWOOD Itepni S pore P Kdan( Lm*| Far caiic WMTUK 31/2 JM 7/MMt 11/14 Jm STI, LPOOL. RDM IKJJEBSEN
      460 words
    • 536 21 P.T. DJAKARTA LLOYD Indonesian National Shipping Line TO USA EAST/ IST COAST N fiULf PORTS (FULLY CONTABOBED VESSELS) yrm ul Houston savnmam «wto« baltnok WM m H/i 17/1 M/l 4/7 U/7 U/7 MTMUKTI «n J/7 8/7 7/1 11/1 14/1 17/1 Mm accifto« cjrfi tar ItaM. UmM N Orium Ctartntan R»ta»
      536 words
    • 620 21 BOUSTEAD SHIPPING AGENCIES BANK LINE MDEPEMDENT SERVICE TO UK/CONT SPORE FORTHBANK 31 Mov MEADOWBANK 22 June 'VYBANK 23 Au7 R'DAM HULL HMBG 28 June I July 5 July 25 July 28 July 3) July 19 Sep 21 Sep 25 Sep Lykes/i Lines U.S. GULF DftECT SERVICE m *>U Nst* Gah
      620 words

  • Page 22 Advertisements
    • 1030 22 to., "K'line KAWASAKI KISEN KAISHA, LTD. express container service NEW YORK/E. CANADA PACIFIC NORTHWEST SOUTH AFRICA Vi I l'-77 (h FEEmm store mother *si MONTE RUBY VI 27 May HARBOUR BRIDGE VI7 K hONtfR *21 3 km BAY BRIDGE VI7 (Independent Service) KEELUNG SfAITlf IS ACH 7 tun 21 lun
      1,030 words
    • 269 22 IE CHAR CHING MARINE CO LTD trjjk'ii RED SEA FULL CONTAINER SERVICE STORE AlKhamesl e an 10 June RED SEA/MEDITERRANEAN SEA SEMI-CONTAINER SERVICE STORE Fawzia 13 June Sefcna 25 June Samira 5 July Char Kw« S July LOADING FOR Jeddah, Aqaba, Pt. Sudan Jeddah, Aqaba, ft. Sudan Jeddah, Aqaba, Pt.
      269 words
    • 867 22 CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER SERVICE lM*t tar I OS WSELEV SAN FRANCISCO SEATTLE. TACOMA VMKOUVH (r Accepts fa/fa cn—i »>««-— vr sbi. i ,v AUSTRALIA EXPRESS CONTAINER SERVICE Nee*** ra/Fa cwt—n «r 'ts rr- x st. ft. s=r 5r I! M mn m »t£ 12 /fc 15 20/21
      867 words
    • 553 22 KORINS MARITIME SERVICES B 114 Anson Road. #18-01, Tuna* Building Singapore 0207. Tal: *****22 A *****67 P Kalang Tal *****1/8. RED SEA/PERSIAN GULF/MEDITERRANEAN SERVICES S pore Loadm For: ONE REST NO. 7 to Port Bandar Abba* SAMBO* EXPERT 26 May Mdati HAEJOO NO. 3 30 May Ak«an*»a/B«nhaa/As$ab HAEWOO NO. S
      553 words
    • 676 22 30 INTRASEA (PTE) LTD. I'' An. -n f. „„i 27 If Jfifernu». 't Mu/.i 'r 1.-; 4*SI 1.10 1 -M..S Btl*m£LaMA.-*.XMnt BREAKBULK SERVICE TO EUROPE/UK AfMMGEL MSOOM 8U3905 Spare P. KetangloadVig tar: 2 kme tDAM/IK (AVON) *mel Loadng at Koti km*afc JF alpac line a iiz* ira w sen net
      676 words

  • Page 23 Advertisements
    • 513 23 TO EUROPE/UK (VIA SUEZ): 0 CHEF 34W+ C PAUL 35W C CONTAMER 21*... HK CONTAICR 35W SS BRDGE 41W. C ROZE 34W Also accepting cargo to/from Scandinavia 0 CHtEF S'pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) Havre HK COHTAfO 34E Sailed LOCATOR 30E Sailed K JACCJtM
      513 words
    • 418 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. BUSAN, INCHON No Dwm/JMN hi tot IH 11/S No 7 Omwi/IMN Jl/S »/5 •to I Donwi 27/1 22/fc •to J MM _2ZS_ mamam OUT 6ggj WwK tor C—(/M3W 1 n/VM MM to 12M mite* 04 i SEMI-CONTAINERISED DIRECT
      418 words
    • 1086 23 M SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUI DING 55. Mariiet Street Singapore 0104 Telephone Numbers *****3 (15 L«m^ Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG PfNANG !K S fLOOfi ssw m THOWG SHrffK 23 B MALAYSIA CaMeWAYAPOH PENANC Tel 6P944
      1,086 words
    • 83 23 V SOON KIAT SHIPPING Jk PTE LTD 3 Shcnton Way *?OOS *7006 Shcnton Ho«* Sif*apofe 0106 T«l 220MW (S L«*s) letw R*****9 SRSMP REGULAR SERVICES TO EAST MALAYSIA y^L'lt-TjRWNSj M RoMns««i Rm4 tMI, Singapore UN Tel: HltStt (5 lines). CXVtStOM OF THE TNT WORIWMOE GROUP OF COMPANIES REGULAR FCL AND
      83 words

  • Page 24 Advertisements
    • 450 24 Regional Container Lines fl'TUttl! 2 Sailings Weekly ILiilJ li Reliable Regular Punctual Berthing PS A 1500 Hrs Tuesday Saturday SINGAPORE ISLANDS LINE MIDDLE EAST REGULAR LINER DSR-LIIMES^L Fumnat om EXPRESS SEM-CONTMNER SERVICE P Alang Spore Penang Rdam Hburg A'werp Rost 1/4 JM 5/7 M VIIM 2 Aug 9 Aug C
      450 words

  • Page 25 Advertisements
    • 489 25 Pi Nedfoyd Lines Loading to: MEXICO/CENTRAL/EAST COAST SOUTH AMERICA VEBSEL S'PORE MANZ S.JOSE ACAJ C'BAL BTOWN* P. OF SPAIN 2221! -11 x l'A 6/ Z 23/7 26/7 7 /8 9/8 M-ltogoy 5/7 16/8 26/8 1/9 7/9 9/9 N-Nammj 9/8 16/9 26/9 2/10 8/10 9/10 N. Nap«er 9/9 16/10 23/10 26/10
      489 words

  • Page 26 Advertisements
    • 604 26 HEAP SENG TRADING SHIPPING PTE. LTD. 13-01, 13th Hoor, Golden Mile Tow«c, ••«<* Rood, Smoopor# 0719 T«l: *****44 Tli R*****2 HEAPCO SHGAPORE TO WEST MALAYSIA SERVICE i urti S., OD Dntiuter lANCSA IJ/«3 2/| 3/$ p KELANG/PCNANG SHGAPORE TO PHUKET/PENANG SERVICE no Dettaubon LAMPWC 11/13 21/5 27/5 PHUKET/PENANC FULL-CONTAfCR SERVICE
      604 words
    • 693 26 NVOCC EXPRESS SERVICE Accaptac FCI/ICI 1 Conventional OESTM K.K/TANM COLOMBO BANGKOK EUROPE/FAR EAST LINER SERVICE no DBCM FROM HMMK/MTMtf 12* km• HMBUK/MmiERP 15M DM HMOUK/MTmP COMQUEJK* ASTEJBOA TMTONSOUIC Carp Bavkap tet *****H/1 222*11 10 tmm U #22-MM til iwd n» S'part 0207 Tata: IS ***** (TKASN) CROSSWATER FREIGHT SERVICES PTE
      693 words
    • 310 26 C.Y.Line (A member of the ACE Consortium) CHO YANG SHIPPING CO., LTD. FULLY COffT/UNEJttSED SERVICE TO EUROPE (VIA SUET) 1/7 3/7 KW| Hi 11/t lt/< 71/4 77/ i a/c 5/7 5/7 1/7 1/7 15/7 12/7 11/7 15/7 15/7 17/7 22/7 24/7 25/7 31/7 H/7 15/7 22/7 25/7 27/7 21/7 2/1
      310 words
  • Page 26 Miscellaneous
    • 159 26 Regional Weather 'A Ta SK u ft *mo%z si SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Temperature Shower Weather s~~f Wind direction with speed in knots Rain vJ Goody Sky Wave height Sarface winds an indicated by arrvws which fly with the
      159 words

  • BUSINESS TIMES
    • 1536 27  -  By LEE YOKE MENG "HOME banking; the telephone bank; point of sale terminals; automated teller machines these features were as futuristic as Star Wars when I began my career. They are now part of our current range of banking services in various parts of the
      1,536 words
    • 1711 28  -  The concept of training is not new. Training to many workers used to mean just a day of orientation. Perhaps there were other in-house courses but few were held on a regular basis. It is never toq late to realise the importance of training, especially for companies in
      1,711 words
    • 3035 29  -  CITICORP'S PHILOSOPHY AND APPROACH At Citicorp, training is a continuous process, proving that career development takes place at all levels regardless of whether the employee is new to the banking field, or whether he is already a senior executive. It has training centres in various
      3,035 words
    • 1561 30  -  ROLE OF THE SINGAPORE INSURANCE TRAINING CENTRE The call for professionalism is nowhere louder than in the insurance industry. Each year, an increasing number of students flock to the banks and finance houses. A growing number is also looking to the insurance
      1,561 words
    • 2574 32  -  The live-year tax exemption for syndicated loans is meant to tempt more bankers into arranging and funding their loans through Singapore. Will it succeed? DAVID KINGBMAN of Dresdner (South East Asia) takes another look at the implications of this issue in his analysis of risks
      2,574 words
    • 1362 34  -  Last year was very much the year of the Arab banks. Never before in Singapore's history had there been as many of them rushing in to set up offices. Not surprisingly, they have also raised the expectations of many that the Middle East presence
      1,362 words
    • 770 34  -  By SOH TIANG KENG INDUSTRIAL and Commercial Bank aims to be a one-stop financial institution for corporations and a high-quality, medium-size bank to serve the general needs of individuals. In less than 30 years, it has blossomed from a pocket-size bank with shareholder funds of
      770 words
    • 1794 35  - Cash is going out of style or is it? Cash is going out of style or is it? Ever since that little plastic card came on the scene, it has been widely speculated that one day, that plastic revolution will push aside the billions of notes and coins being used
      1,794 words
    • 1271 36  -  Telebank, launched recently by the United Overseas Bank, brings Singapore another step closer to the electronic banking age when all transactions can be done by just a tpuch of the button on either your phone or computer terminal. PAUL WILLEMSE of the United Overseas
      1,271 words
    • 1781 37 The automated teller machine, such as the DBS Autobank, is but the tip of the electronic banking iceberg. And like every electronic banking service, it has a 'mastermind' behind it that controls everything. While customers need only concern themselves with the service aspect, banks
      1,781 words
    • 2379 38  -  He is one of the top executives in the organisation; he has succeeded where others have failed; and his decisions have an influence on the company, and in all likelihood, on others in the industry. Behind every organisation are these prime movers
      2,379 words
    • 2031 38 COLIN ENDACOTT, 48: I am a workaholic who takes work home and actually gets a lot of work done while travelling to and from the office. The pocket dictating machine is an essential tool and enables me to increase throughput. The demands of my job inevitably
      2,031 words
    • 2026 40 Leasing is not progressing along quite the same route in each Asean country though in most cases the going is rough. The outlines are somewhat uncertain, governments are wary because of the tax implications, and many companies remain ignorant about the possibilities it offers.
      2,026 words
    • 888 40  -  By SOH TIANG KENG DISCOUNT houses are poised to play a more active and diversified role in the next few years in the expanding financial markets of Singapore. New possibilities lie ahead of them in financial futures and corporate bonds, longer-dated government bonds and US
      888 words
    • 2548 41  -  The idea of a leveraged lease is simple a financier gets together with a group of lessors to lease a machine or equipment to a client. But packaging the lease is an entirely different matter altogether. The documents alone run into hundreds
      2,548 words
    • 1054 42 Keppel's spectrum of activities, large turnover and business dealings in a variety ot currencies has resulted in the development of a Keppel fund management team. How this corporate 'clearing house' operates and why it was formed are explained in this article by the Keppel Group's Finance Division. SHIPPING
      1,054 words
    • 757 42 By Shing Loong Finance SHING Loong Finance was established as a credit company in 1979 as part of a two-pronged objective of its parent company, Keppel Shipyard Limited. As far back as 1975, Keppel had decided that it should use the financial
      By Shing Loong Finance  -  757 words
    • 1281 43  -  By BERNADETTE CHOOI IT IS time for the Asian dollar market to consolidate the phenomenal gains it has achieved during the last 15 years. After breezing past the US$lOO billion mark, the market suffered several setbacks towards the end of last year and the earlier part of
      1,281 words
    • 1171 44  -  Factoring it considered a traditional instrument in Europe and most developed countries. Even in Japan, the concept is fast gaining widespread acceptance, and the 9ogo*ho*ha* themselves have begun to move into the factoring business as well. But for countries in Asean, including Singapore, factoring
      1,171 words
    • 1989 45 LIFE INSURANCE MARKETING THE MARKETING of life insurance has never been considered one of the traditional professions such as medicine and law. Per- haps, the day may never come. However, in today's business world, the word "professional" has assumed a more practical form. Instead of
      1,989 words
    • 1117 46  -  GENERAL INSURANCE Much has been said of the keen competition and excessive undercutting of premiums in the general insurance market. Yet the market has grown tremendously over the last few years. Be it offshore or domestic insurance activities, the pool of insurance premiums and expertise has
      1,117 words
    • 1470 47  -  Ask any insurance underwriter and the answer is the same sooner or later, it will be a broker's market in Singapore. This does not mean that the days of the underwriters are numbered. What it does mean is that insurance brokers will be the
      1,470 words
    • 2016 48  -  If Hongkong's losses could be Singapore's gains, what will it mean if Tokyo finally opens up its offshore banking facilities? On several questions, opinions are divided but there is a consensus that there is no need to fear a substantial rush of funds from Singapore
      2,016 words
    • 1111 49  -  When Singapore recently announced it would scrap for five years tax on income earned from syndicated ioens, Hongkong thanking circles showed almost no intereet. Basically, what Singapore has done is to match the system already existing in Hongkong in practical terms. All the syndications packaged
      1,111 words
    • 346 49 "MY VIEW is minimum regulation.*' says APCO managing director Bill Dykes. He adds that he is astonished Tokyo is not a more effective international market than it is "could be the regulatory atmosphere". At BA Asia, managing director lain Thompson says bankers are concerned about
      346 words
    • 1303 50  -  Singapore is gearing up for the launching of a financial futures market, which could be the first in Asia. But there are still many problems that have to be ironed out. BERNADETTE CHOOI gives an analysis. BERNADETTE CHOOI IN THE next year or so,
      1,303 words
    • 466 50 THE hamnaefh aader which geld rsmpaales la Stagapen an to eperate Is aadergetag a radleal traasfermattoa. After hnartag repeated calls tor ShTpahSe, all geld rempaatoe wen told that they had to be memben ef the GeM Frnhsagt cf Stagapsn be(en they eeald eeatfame tradlag.
      466 words
  • Page 27 Advertisements
    • 580 27 BANKING ON TRAINING OUB, shows how a big local bank tackles a compreCitibank unveils its philosophy and approach to training Page* Tws ud line A PROFESSIONAL TOUCH R C Kohli gives an insight into the Singapore Insurance Training Centre Page Fomr MAKING MORE LOANS David Kingsman of Dresdner (SEA) says
      580 words

  • Page 28 Advertisements
    • 25 28 no- irfy i 4 ip- if FOUR SEAS COMMUNICATIONS BANK LTD unms£-: s <*■, i-vtZte .'A--H :> m ffifcw? fs»f OfHi kfi Hu < ¥&0? ?ft^Ti's^y.< *Am. ?lA"^nJH
      25 words
    • 1011 28 CO f*??*®' T WtLCOl-ED RafT^, R °c*^'RamedslnnolDedetend.RamadalnnsalCanacte.tousukiKar*oH -^"SS^US?! »7Ma£2? 10,1 6 "*"****9''^««J»l'-■Mk**gan C*y. Rad Roof Inn #8 Fort Wayne. Red R *P?^i5 a sy a^oW,^d^j.nn 10 D nv e Ladbfote Dfflonya How«Ladbrote Draoonafi How»Ladbrokc Kani BetAjre o lrY1 1 1" snanrW'5 nanrW -***>c/ 1 m*lS- Morn Me. Red Roof Inn#
      1,011 words

  • Page 29 Advertisements
    • 187 29 w w m m w mm mm m mm m w you're off to a good start to buying your own house. Thinking of buying a house? The first step is to consult Chase Consumer Banking Group who will respond promptly to your inquiries and offer a package designed to
      187 words
    • 43 29 iiC f *V- f/ WSs X if* ip I I Jl 2 OCBC (iULU n g> it .r »/"rv> BRINGS YOU MORE KEYS TO BANKING EXCELLENCE grew Oz« V -> A i V 1* I» a* LJ v^tßoutt, u Wast r C Q rd
      43 words

  • Page 30 Advertisements
    • 188 30 Some draft Hongkongßank ETC L It's amazing how many IMH people still don't have their ETC MBaUfl (Electronic Teller Card). Some people still have to stand in line at peak banking hours. Some people still rush to the Bank before it closes. But some don't. They have ETC it's like
      188 words
    • 46 30 merchants in 160 countries. They are available in leading world currencies. And they are the only travelers Cheques that carry the backing l>)ii y t i <;m• U r ~«V:■ i r: iJ i Is it any wonder they are known as Wsrld Money? BankAmewca Corporation
      46 words

  • Page 31 Advertisements
    • 206 31 OUT OF THE BLUE American Express and three of Singapore's most progressive banking establishments now offer yxi the Card by which all others are judged. Out of the blue, a financial innovation is born. A partnership between American Express, the United Overseas Bank Group, DBS Bank and Tat Lee Bank.
      206 words

  • Page 32 Advertisements
    • 78 32 Wm m ■t ~<- v >: UH I V <« jkJI v > V fcV i >:< ►>•, M V 4jaB|l! .vv4sf&^-1 mi '-a- 3* 4jj^ 4^ A'.V:-- S*VS i < M. V B3 g? w 7 t 8 I n 1 8 i fl nnii 76 77 78 79
      78 words
    • 224 32 It takes a growing bank m Cash flow. Trade financing. ff m iri/lAtW'nV'l/l Overdraft. These are just sorr 111 If If I of the common problems face by growing companies and m businesses. your growing needs s- 1 I rV3'pfip»r>t too tato or>o rTr>/~\TAri-n rf trv •The bank to grow
      224 words

  • Page 33 Advertisements
    • 139 33 Vtp3 A _J? toft I *Vt -i W' •s* jftajjii B T HE MEASURE OE SUCCESS. The gold that we are talking about is measured by the weight it carries. The Gold Card from American Express. No other card asks so much of you. But then, no other card says
      139 words

  • Page 34 Advertisements
    • 368 34 ABN. The Dutch Bank? Do they know much about East Asia? w «-«wa 4r rr y miff m i A m r 59 4T 7* f W» I M 3 V L j 35 F Maria y s V rjzr. IT 80 V w»* K /A 5£ i* i 3
      368 words

  • Page 35 Advertisements
    • 367 35 Diners Club.Y)ur all-in-one Wforki Card. Enjoy the benefits of the first card in the world. As a Diners Club member you will benefit from the worldwide experience of a card that is honoured in more than 150 countries worldwide. of up to US$l,OOO (or its equivalentjjevery 14 days. Or, you
      367 words

  • Page 36 Advertisements
    • 285 36 1\ I i c Come in and we'll explain how the new IBM Personal orr JP uter can help provide the muscle you need to handle heavyweight business data. We 11 show you all XT's strong points. Like a 10-million-character fixed disk drive that lets you store the names and
      285 words

  • Page 37 Advertisements
    • 920 37 Introducing the new The first full 32-bit VLSI Mainframe for business. 3 Guarantee your date Integrity wMh memory taubUnj NCR's newty patented memory scrubbing method cleans the 9300's tour megabytes of main processor memory every 16 seconds! It does this by correcting any transient singlebit errors effectively eliminating catastrophic double-bit
      920 words

  • Page 38 Advertisements
    • 253 38 a*-**- 1 DIAMOND SINGAPORE FUND CFJR WICATE w uki <-Ol D CERTIFICATE 'Z. 'f JU. ,->T; Vc r se-f. *"4 IK, m m »v o V Thinking of Investing? oub is your answer. Give your capital an opportunity to grow with us. Consult our experienced personnel for investment in: Diamond
      253 words

  • Page 39 Advertisements
    • 68 39 BANCA NAZIONALE DEL LAVORO. IN ITALY AND THROUGHOUT THE WORLD. ARGENTINA AUSTRALIA BAHRAIN BELGIUM BRAZIL CAMEROUN CANADA OB CHINA CONGO EGYPT FINLAND FRANCE GERMANY GREAT BRITAIN GREECE HONG KONG IRAN IVORY COAST JAPAN LUXEMBURG OOP MALAYSIA MAURITANIA MEXICO MOROCCO NETHERLANDS ANTILLES OQ NIGERIA PHILIPPINES SENEGAL SINGAPORE SPAIN SWITZERLAND Q TUNISIA
      68 words

  • Page 40 Advertisements
    • 500 40 TJ T DEN DANSKE BANK (Incorporated in Danmark) Head Office 12, Holmofta Kanal DK-1092 Coponhagon K BALANCE SHEET AS AT 318T DECEMBER 1982 PROFIT AND LOSS ACCOUNT FOB THE ACCOUNTING YEAR IMB 1982 1961 1982 INTEREST RECEIVED, ETC.: DKK Interest and commission charged on loans 3,539,199,306 Interest, etc., on mortgage
      500 words

  • Page 41 Advertisements
    • 255 41 The tools of your trade, financed by FOCL 3 <1 w /2 J 5® N w k Vi <K gttl idmL J -J _T\ -r > L •H ]k fc« y-V /■*< i o V\jr Forward Oversea Credit Ltd. is one of Singapore's leading industrial finance companies. We offer a
      255 words

  • Page 42 Advertisements
    • 205 42 C ii urn.in ai| iiiiiiitiiin, ■■iiiiiiiiiiiiiii ■iiiiiiiiiiiiiin iniiiiiii experience With more than 3 decades of experience in Singapore and over more than 6 decades of banking experience in Hong Kong, the Bank of East Asia can offer you a broad range of banking facilities such as Current Account, Savings Account,
      205 words

  • Page 43 Advertisements
    • 1465 43 1982 The Swiss Bank Corporation in 1982 Total assets at the end of 1982 amounted to 5fr.96.8 billion. About Sfr. 1.6 billion of the Sfr. 9.3 billion or 10.6% increase resulted from the growth in precious metal accounts due mainly to higher gold prices. Net profijs of Sfr. 369.5 million
      1,465 words

  • Page 44 Advertisements
    • 213 44 what other cords can't, ours con S<-~ dr :*> <i Ami Our Savings Card earns interest the day you make your deposit >> ».»i oi4 You will not be penalised if you withdraw any day after the sth day of the month. w y w m You can apply for
      213 words

  • Page 45 Advertisements
    • 135 45 WE PROVIDE YOUR FINANCIAL NEEDS IN ASEAN LONDON NEW YORK SEOUL TOKYO PARIS FRANKFURT! M ROME BAHRAIN HONG KONG An Arab and International Association in Banking and Finance SINGAPORE r A J AA 11 Collyer Quay #11-00 The Arcade Singapore 0104 Telex: (General) RS ***** ÜBAFSN Telex: (FX) RS *****
      135 words

  • Page 46 Advertisements
    • 256 46 fl DVNfIMIC BANK. BANQUE NATIONALE DE PARIS WQAHWfc BMP Branch Overseas Unon House. 50 Cokyer Quay, S,ngapcxe 0104 Tele. RS ***** NABAPAR BNP South East Ava ltd 42nd Floor Unrt 4201. Hong leong Bu**nq 16 Rattles Ouav A4 y TtA j LU S **»V '2 Castleraagh Street Tele* ***** 6
      256 words
    • 82 46 We have been in Asia for 10 years We know the way Dresdner (South East Asia) Limited International Merchant Bankers Total assets: 554.4 billion Capital funds: S$ 162.7 million Profit after tax 1982: 5522.2 million Shareholder: Dresdner Bank AG. Frankfurt 36 Dresdner (South East Asia) Limited Dresdner (South L n,
      82 words

  • Page 47 Advertisements
    • 252 47 cm mm mt jp ..-V Irrr**' Ff] k J-: I r :'l A :W;:» ask •< > K£-)1K W V r. JOfflJie B MOM NOMUFYHK TOA STOISTMET BANKER THAN MK ERROR, Nobody likes mistakes. Particularly tions and we have recently opened a i subsidiary in Hong Kong, State Street That
      252 words
    • 302 47 li H6 rX, i K Y/ >5 /j 3 m vt m m% I m i A <* hi t ■I nl OriLa. •1 *r s» i sg o ra phi S s i b Habib Bank aims at "Helping the nation help itself". Thinking ahead and aarving better, it
      302 words

  • Page 48 Advertisements
    • 90 48 y 'i WING ON -more than half a century off experiences^ A solid tradition and reputation for integ rity, reliability, trust and expertise. At Wing On we treasure these quali ties. You can be assured of the best advice and service. So whatever your requirements whether life or general insurance,
      90 words
    • 65 48 Indian Bank (WHOLLY OWNED BY GOVT. OF INDIA) AN UP-TO-DATE BANKING SERVICE WITH THE FRIENDLY ATMOSPHERE OF TRADITIONAL INDIAN HOSPITALITY Full Banking Facilities including Foreign Exchange and Industrial Financing 899 branches in India and abroad Correspondents all over the world Indian Bank 59, Robinson Road, Singapore 0106. Cable: BANYAN. Tel
      65 words

  • Page 49 Advertisements
    • 369 49 V W »■\r- swtrww* Intimw 407 This 6 a HEAVY DUTY model wtuch sfreds 40 to 50 sheets at one go. The main features are its chain drive, two pieces "hardened steel" Rotary Blades, automatic rebounce devce and a matching trolley. Z.. JP* V v 1 M vv\* VA -S»*
      369 words

  • Page 50 Advertisements
    • 138 50 ,-,v* m v ,v v>: iy *^k i m U $g£ v a mm*: A V <1 4t > r </* r: > L f 31 r (i It \J f rt* i v i 4 i i 1 5? 2 l J L£> r LJ rjt, 0 m Come
      138 words
    • 321 50 Why a Sharp copier should be your clear choice. Two well-known independent research organisations have put Sharp copiers ahead of the ethers in sales and overall performance. Twin claims that no one else can duplicate. So it's clear why Sharp is your copier choice. RESEARCH -—AgfOataquest NEWSLETTER NIELSEN DATAOUEST. one
      321 words