The Business Times, 25 May 1983
1983-05-25
1
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The Business Times
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Title Section10 1983-05-25 1 BUSINESS TIMES M.C.(P) No. 67/1/83 WEDNEBDAY, MAY 25,1183 60 CENTS10 words
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317 1983-05-25 1 SOH TIANG KENG - By SOH TIANG KENG NIPPON Credit Bank (Curaco) Finance has floated a US$lOO million bond in the Asian and European markets. This seven-year bond, with coupon rate of U per cent, is the largest bond issued in the Asian dollar market by Nippon Credit317 words
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663 1983-05-25 1 RICHARD SEAH - By RICHARD SEAH THE JEDI'S double-quick return to six local cinemas tomorrow will mark the start of a new war, not to be fought among the stars but right here in Singapore's entertainment industry. Heading the offensive is 20th Century Fox, distributor of663 words
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465 1983-05-25 1 Reuter THE WORLD Bank has said Indonesia may have to borrow US$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 reduceReuter - 465 words
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303 1983-05-25 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
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BRIEFLY...
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Article71 1983-05-25 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 onReuter - 71 words
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Article82 1983-05-25 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 HorcoReuter - 82 words
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Article72 1983-05-25 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 11AP - 72 words
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Article64 1983-05-25 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 theAP - 64 words
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Article70 1983-05-25 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 2.1AP - 70 words
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Article84 1983-05-25 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 raisedReuter - 84 words
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Article62 1983-05-25 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 aReuter - 62 words
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280 1983-05-25 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 apeatag280 words
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497 1983-05-25 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 higherReuter - 497 words
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Page 1 Advertisements
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Advertisement385 1983-05-25 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 bankinf385 words
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Advertisement27 1983-05-25 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 5/25x8327 words
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Advertisement205 1983-05-25 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 for205 words
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BANKING AND FINANCE
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Article313 1983-05-25 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 forReuter - 313 words
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Article213 1983-05-25 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 agreementsAP - 213 words
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164 1983-05-25 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 permitReuter - 164 words
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291 1983-05-25 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 byReuter - 291 words
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262 1983-05-25 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
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Article77 1983-05-25 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
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Article97 1983-05-25 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 BankReuter - 97 words
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Article303 1983-05-25 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 and303 words
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138 1983-05-25 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 andReuter - 138 words
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Article118 1983-05-25 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 $24.45 billion for the budget to Sep 30 was described in a memorandum sent to the Wall Street Journal.Reuter - 118 words
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173 1983-05-25 2 Reuter US AND European banks have reached broad agreement on rescheduling US$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 beReuter - 173 words
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Page 2 Advertisements
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Advertisement301 1983-05-25 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
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Advertisement145 1983-05-25 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 purchase145 words
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TRADE AND INDUSTRY
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253 1983-05-25 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 no253 words
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Article, Illustration174 1983-05-25 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 Fairs174 words
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Article, Illustration481 1983-05-25 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 a481 words
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Article123 1983-05-25 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
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133 1983-05-25 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, Dr133 words
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453 1983-05-25 3 SOH TIANG KENG - 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
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488 1983-05-25 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
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Page 3 Advertisements
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Advertisement5 1983-05-25 3 i i&VKmniitfs Ifltfioul pttf r>5 words
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Advertisement516 1983-05-25 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 and516 words
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OVERSEAS
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352 1983-05-25 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 missileAP - 352 words
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446 1983-05-25 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 countriesAP - 446 words
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238 1983-05-25 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 toAP - 238 words
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128 1983-05-25 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 shownReuter - 128 words
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472 1983-05-25 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
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303 1983-05-25 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 approvedReuter - 303 words
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438 1983-05-25 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 onUPI - 438 words
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Article164 1983-05-25 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 studiesAFP - 164 words
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337 1983-05-25 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
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208 1983-05-25 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 treatReuter - 208 words
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491 1983-05-25 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 thatUPI - 491 words
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252 1983-05-25 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 toUPI - 252 words
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112 1983-05-25 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 areReuter - 112 words
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447 1983-05-25 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 purposeRenter - 447 words
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Article122 1983-05-25 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 Soviet122 words
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WORLD IN BRIEF
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Article501 1983-05-25 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 reviewAgencies - 501 words
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364 1983-05-25 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 statedUPI - 364 words
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236 1983-05-25 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 fourReuter - 236 words
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328 1983-05-25 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 theAP - 328 words
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208 1983-05-25 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 toAP - 208 words
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362 1983-05-25 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 inNYT - 362 words
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Page 4 Advertisements
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Advertisement352 1983-05-25 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 UKM352 words
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Advertisement148 1983-05-25 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—3B148 words
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Article719 1983-05-25 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 BWN719 words
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Page 5 Advertisements
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Advertisement172 1983-05-25 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 Building172 words
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Page 6 Advertisements
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Advertisement164 1983-05-25 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 s164 words
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Advertisement169 1983-05-25 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) CONTROL169 words
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Article, Illustration739 1983-05-25 7 JAMES FOLEY - 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 asReuter - 739 words
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Article823 1983-05-25 7 JAMES RESTON - 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, budgetNYT - 823 words
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Page 7 Advertisements
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Advertisement16 1983-05-25 7 Our customers had good reasons for deciding on NEC. €todro-28 EMM SB c I NEC Corporation16 words
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Advertisement114 1983-05-25 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 muscle114 words
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Page 7 Miscellaneous
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Miscellaneous51 1983-05-25 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 HPiND51 words
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Article516 1983-05-25 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 rise516 words
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Article, Illustration4318 1983-05-25 8 MANO SABNANI; CHOO AI LENG - 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 company4,318 words
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Page 8 Advertisements
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Advertisement178 1983-05-25 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 package178 words
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Page 9 Advertisements
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Advertisement135 1983-05-25 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 conventional135 words
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Advertisement52 1983-05-25 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 service52 words
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Page 9 Miscellaneous
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Miscellaneous626 1983-05-25 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 part626 words
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Miscellaneous554 1983-05-25 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
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RAW MATERIALS
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Article897 1983-05-25 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 was897 words
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Article352 1983-05-25 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. 3352 words
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Article124 1983-05-25 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 (1124 words
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Article61 1983-05-25 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 offered61 words
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Article30 1983-05-25 10 Rubber: May 24 Singapore: June: 220.50 cents (op 1.50 cents) Malaysia: June: 239.00 cents (up 14(0 cents) Tin: M $30.70 per kilo (unchanged) 75 tonnes (down 70 tonnes)30 words
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Article339 1983-05-25 10 RUBBER prices in Singapore yesterday closed slightly higher with June One RSS buyers quoted at 220.50 cents a Idlo, up 1.50 cents from Monday's close. Morning prices were quietly steady on light buying interest after a lower opening, dealers said. Afternoon prices gained some ground on higher London opening339 words
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Article319 1983-05-25 10 SINGAPORE: Yesterday's closing prices in S$ 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
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Article170 1983-05-25 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 $355.00170 words
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Article196 1983-05-25 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 Butterfly196 words
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Article124 1983-05-25 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 oil124 words
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Article215 1983-05-25 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, traders215 words
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Article124 1983-05-25 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 of124 words
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309 1983-05-25 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 andReuter - 309 words
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Page 10 Advertisements
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Advertisement152 1983-05-25 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 Singapore152 words
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MONEY AND EXCHANGES
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Article476 1983-05-25 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, down476 words
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Article168 1983-05-25 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 and168 words
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Article22 1983-05-25 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
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Article188 1983-05-25 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 94188 words
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Article49 1983-05-25 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 Co49 words
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Article280 1983-05-25 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 $438.60/439.50280 words
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Article36 1983-05-25 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
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Article201 1983-05-25 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 on201 words
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Article50 1983-05-25 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 65/9450 words
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INTERNATIONAL STOCKS
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Article1243 1983-05-25 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 reactedReuter - 1,243 words
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Article281 1983-05-25 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^nr281 words
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Article81 1983-05-25 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 -so81 words
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Article28 1983-05-25 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
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Page 11 Advertisements
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Advertisement83 1983-05-25 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, Plastic83 words
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Advertisement187 1983-05-25 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 widely187 words
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Page 12 Advertisements
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Advertisement163 1983-05-25 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
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Advertisement173 1983-05-25 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 dish173 words
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Advertisement196 1983-05-25 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 of196 words
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Advertisement283 1983-05-25 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»rcJ283 words
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Advertisement192 1983-05-25 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 7192 words
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2651 1983-05-25 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 after2,651 words
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Article141 1983-05-25 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 tune141 words
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Article3184 1983-05-25 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 Aetna3,184 words
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Article1971 1983-05-25 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) 1131,971 words
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Article601 1983-05-25 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 j601 words
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Article505 1983-05-25 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 from505 words
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ASIAN STOCKS
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Article491 1983-05-25 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 the491 words
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Article377 1983-05-25 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 gains377 words
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Article144 1983-05-25 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" rose144 words
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Article326 1983-05-25 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 February326 words
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Article169 1983-05-25 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 174169 words
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Article854 1983-05-25 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. PAO854 words
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Page 14 Advertisements
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Advertisement79 1983-05-25 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 with79 words
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Advertisement171 1983-05-25 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 Business171 words
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COMPANY NEWS
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942 1983-05-25 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 enoughReuter - 942 words
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206 1983-05-25 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 companiesReuter - 206 words
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Article260 1983-05-25 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 offer260 words
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Article139 1983-05-25 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 about139 words
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Article513 1983-05-25 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 and513 words
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Corporate Roundup
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Article101 1983-05-25 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 for101 words
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Article53 1983-05-25 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 of53 words
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Article53 1983-05-25 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 of53 words
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Article82 1983-05-25 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 dividend82 words
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Article53 1983-05-25 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 of53 words
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Article34 1983-05-25 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
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Article84 1983-05-25 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 of84 words
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Article369 1983-05-25 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 M369 words
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Article141 1983-05-25 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
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Page 15 Advertisements
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Advertisement153 1983-05-25 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 shares153 words
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Advertisement47 1983-05-25 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
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Chief Price Changes
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Article160 1983-05-25 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
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Article, Illustration165 1983-05-25 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 L165 words
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Article49 1983-05-25 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 005.149 words
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411 1983-05-25 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 by411 words
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419 1983-05-25 16 CHAN OI CHEE - ■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 Jump419 words
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485 1983-05-25 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 continue485 words
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352 1983-05-25 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 a352 words
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Article127 1983-05-25 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) pay127 words
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164 1983-05-25 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 Taa164 words
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Article564 1983-05-25 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 marketBy Hock Lock Siew - 564 words
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Article269 1983-05-25 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 $1.87 as at April 30,1983. (HUB) Malayan269 words
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Page 16 Advertisements
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Advertisement411 1983-05-25 16 See Page 14 for London stock* Selling for Success Juiys 6,1983 (2 days) Introduction Selling was never easy. Today it is downright difficult! As all sales managers know, it is not just a question of selling volume, but profitable volume with costs under control. Many courses concentrate on behavioural aspects411 words
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Advertisement69 1983-05-25 16 L.JI I f v ■A Anniversary Film Festival A Four Day Programme showing the most successful Training Films from Video Arts Cally Curtis DATE. 06 June 09 June 1983 VENUE: Equatorial Hotel, Singapore SERVICE S$ 17 50 per holf-doy session CHARGES: (This mckides coffee and tea but not lunch) Please69 words
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Page 16 Miscellaneous
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Miscellaneous54 1983-05-25 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 days54 words
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SHIPPING TIMES
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333 1983-05-25 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 shippers333 words
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524 1983-05-25 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. HeBernama - 524 words
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PORTSIDES
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Article93 1983-05-25 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 or93 words
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Article80 1983-05-25 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, Godown80 words
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Article106 1983-05-25 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 by106 words
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Article768 1983-05-25 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 Shpg768 words
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Article766 1983-05-25 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 onAFP - 766 words
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358 1983-05-25 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 sailedTMR - 358 words
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Article1800 1983-05-25 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 $8.25 was agreed from the Gulf to the1,800 words
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897 1983-05-25 18 NYT OWNERS of oil tankers that operate solely between ports in the United States have begun a campaign against an administration proposal that would increase the number and size of tankers eligible to compete in the domestic market, especially in the US$l.3NYT - 897 words
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Article194 1983-05-25 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 Container194 words
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Article103 1983-05-25 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 were103 words
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Article, Illustration293 1983-05-25 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 Hongkong293 words
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447 1983-05-25 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 1982Reuter - 447 words
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5962 1983-05-25 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 of5,962 words
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Article610 1983-05-25 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 32/540610 words
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Article1763 1983-05-25 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 ,Sl1,763 words
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Article468 1983-05-25 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 25.5.83/1500468 words
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Page 17 Advertisements
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Advertisement235 1983-05-25 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
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Advertisement314 1983-05-25 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 and314 words
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Advertisement528 1983-05-25 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 EXPORT528 words
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Page 18 Advertisements
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Advertisement365 1983-05-25 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 feeder365 words
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Advertisement437 1983-05-25 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 QM437 words
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Page 19 Advertisements
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Advertisement713 1983-05-25 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 mn713 words
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Advertisement370 1983-05-25 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 W370 words
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Advertisement733 1983-05-25 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 27/6733 words
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Advertisement510 1983-05-25 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/S510 words
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Advertisement496 1983-05-25 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 MIEN496 words
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Advertisement960 1983-05-25 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 Iwiereoiwmtnm960 words
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Advertisement262 1983-05-25 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
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Page 21 Advertisements
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Advertisement892 1983-05-25 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 JULY892 words
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Advertisement460 1983-05-25 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 IKJJEBSEN460 words
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Advertisement536 1983-05-25 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
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Advertisement620 1983-05-25 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* Gah620 words
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Page 22 Advertisements
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Advertisement1030 1983-05-25 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 lun1,030 words
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Advertisement269 1983-05-25 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
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Advertisement867 1983-05-25 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 20/21867 words
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Advertisement553 1983-05-25 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. S553 words
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Advertisement676 1983-05-25 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 net676 words
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Page 23 Advertisements
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Advertisement513 1983-05-25 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 JACCJtM513 words
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Advertisement418 1983-05-25 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 DIRECT418 words
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Advertisement1086 1983-05-25 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 6P9441,086 words
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Advertisement83 1983-05-25 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 AND83 words
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Page 24 Advertisements
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Advertisement450 1983-05-25 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 C450 words
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Page 25 Advertisements
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Advertisement489 1983-05-25 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 26/10489 words
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Page 26 Advertisements
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Advertisement604 1983-05-25 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 SERVICE604 words
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Advertisement693 1983-05-25 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 PTE693 words
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Advertisement310 1983-05-25 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 2/1310 words
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Page 26 Miscellaneous
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Miscellaneous159 1983-05-25 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 the159 words
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BUSINESS TIMES
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Article1536 1983-05-25 27 LEE YOKE MENG - 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 the1,536 words
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Article, Illustration1711 1983-05-25 28 LIM CHEY CHING - 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 in1,711 words
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Article3035 1983-05-25 29 BENEDICT KWEK - 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 various3,035 words
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Article, Illustration1561 1983-05-25 30 R C KOHLI - 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 insurance1,561 words
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Article, Illustration2574 1983-05-25 32 DAVID KINGSMAN - 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 risks2,574 words
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Article, Illustration1362 1983-05-25 34 TAN YIOK-GIN - 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 presence1,362 words
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Article, Illustration770 1983-05-25 34 SOH TIANG KENG - 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 of770 words
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Article, Illustration1794 1983-05-25 35 WILLIAM SCOTT THOMSON - 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 used1,794 words
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Article, Illustration1271 1983-05-25 36 PAUL WILLEMSE - 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 Overseas1,271 words
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Article, Illustration1781 1983-05-25 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, banks1,781 words
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Article, Illustration2379 1983-05-25 38 Lee Yoke Meng - 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 movers2,379 words
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Article, Illustration2031 1983-05-25 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 inevitably2,031 words
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Article, Illustration2026 1983-05-25 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
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888 1983-05-25 40 SOH TIANG KENG - 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 US888 words
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Article, Illustration2548 1983-05-25 41 HSIEH FU HUA,LIM AH DOO - 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 hundreds2,548 words
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Article, Illustration1054 1983-05-25 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. SHIPPING1,054 words
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757 1983-05-25 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 financialBy Shing Loong Finance - 757 words
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Article, Illustration1281 1983-05-25 43 BERNADETTE CHOOI - 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 of1,281 words
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Article, Illustration1171 1983-05-25 44 CHOO BOON TIONG - 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, factoring1,171 words
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Article, Illustration1989 1983-05-25 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 of1,989 words
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Article, Illustration1117 1983-05-25 46 TEO KWANG WHEE - 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 has1,117 words
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1470 1983-05-25 47 LEE YOKE MENG - 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 the1,470 words
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Article, Illustration2016 1983-05-25 48 PETER HAZELHURST - 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 Singapore2,016 words
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Article, Illustration1111 1983-05-25 49 TERESA LIM - 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 packaged1,111 words
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Article, Illustration346 1983-05-25 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 about346 words
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Article, Illustration1303 1983-05-25 50 BERNADETTE CHOOI - 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
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Article466 1983-05-25 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
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Advertisement580 1983-05-25 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) says580 words
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Page 28 Advertisements
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Advertisement25 1983-05-25 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"^nJH25 words
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Advertisement1011 1983-05-25 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
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Page 29 Advertisements
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Advertisement187 1983-05-25 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 to187 words
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Advertisement43 1983-05-25 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 rd43 words
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Advertisement188 1983-05-25 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 like188 words
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Advertisement46 1983-05-25 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 Corporation46 words
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Page 31 Advertisements
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Advertisement206 1983-05-25 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
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Page 32 Advertisements
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Advertisement78 1983-05-25 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 7978 words
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Advertisement224 1983-05-25 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 grow224 words
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Page 33 Advertisements
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Advertisement139 1983-05-25 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 says139 words
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Page 34 Advertisements
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Advertisement368 1983-05-25 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 3368 words
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Page 35 Advertisements
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Advertisement367 1983-05-25 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, you367 words
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Page 36 Advertisements
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Advertisement285 1983-05-25 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 and285 words
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Page 37 Advertisements
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Advertisement920 1983-05-25 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-bit920 words
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Page 38 Advertisements
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Advertisement253 1983-05-25 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: Diamond253 words
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Page 39 Advertisements
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Advertisement68 1983-05-25 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 TUNISIA68 words
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Advertisement500 1983-05-25 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 mortgage500 words
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Page 41 Advertisements
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Advertisement255 1983-05-25 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 a255 words
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Advertisement205 1983-05-25 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
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Advertisement1465 1983-05-25 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 million1,465 words
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Advertisement213 1983-05-25 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 for213 words
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Advertisement135 1983-05-25 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
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Advertisement256 1983-05-25 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* ***** 6256 words
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Advertisement82 1983-05-25 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
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Advertisement252 1983-05-25 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 That252 words
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Advertisement302 1983-05-25 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, it302 words
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Advertisement90 1983-05-25 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
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Advertisement65 1983-05-25 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. Tel65 words
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Advertisement369 1983-05-25 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
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Advertisement138 1983-05-25 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 Come138 words
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Advertisement321 1983-05-25 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. one321 words
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