The Business Times, 30 June 1983

Total Pages: 34
1 34 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 67/1/83 THURSDAY, JUNE IKS 60 CENTS
    10 words
  • 398 1  -  By JOHN LIM THE electrical/power and machines industry raised output in a 10-year period up to last year by five. times to $1 billion. However, manpower in the industry during the same period increased by only 1.5 times. This was noted by
    398 words
  • 193 1 AP THE successful growth of Japan's major industries is due to a very aggressive and effective business class rather than any national targeting policy. Philip Trezise, a senior fellow at the Brookings Institution and an American specialist on the Japanese economy, said it "would
    AP  -  193 words
  • 450 1  -  By LEE YOKE MENG BONUS rates on life policies here are slowly moving up as some of the life companies distribute part of the record gains they made in 1982. One of those which have raised their bonus rates and introduced a couple
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  • 454 1  -  By LEE HAN SHIH TELECOMS has become one of the largest computer users in South-east Asia following its recent installation of $12 million worth of computers. It is also fast becoming one of the most advanced telecommunications authorities in the region, surpassing even Hongkong in
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  • 321 1 AFP INDONESIA has issued new lists of priority ratings for foreign and domestic investments and a list of fields closed to new investments. The lists made available in Jakarta on Tuesday night by the Capital Investment Coordination Board (BKPM) were issued on
    AFP  -  321 words
  • BRIEFLY...
    • 81 1 AFP INDIAN food production in fiscal 1982-83 ending last March has been officially estimated at 126.6 million tonnes, a 3.4-million tonne drop on previous years, its Agriculture Ministry said. The ministry noted with apparent satisfaction that the shortfall was much less than had been originally thought. It
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    • 55 1 AP SAMSUNG Electronics Co of South Korea plans to build a US$l3 million plant in the US to manufacture colour TV sets and microwave ovens, its president Chung Jae-un said. Mr Chung said construction work on the plant will start in July and is expected to be
      AP  -  55 words
    • 76 1 Reuter SUSUMU Nikaido, secretary-gener-al of Japan's ruling Liberal Democratic Party, has called for a 7 per cent cut in the budget of every government ministry in the year ending March 31, 1985, party officials said in Tokyo. Mr Nikaido, speaking to leaders of Japan's four main
      Reuter  -  76 words
    • 103 1 Reuter VENEZUELA'S state-owned oil company, Petroleos de Venezuela, faces cash flow problems from the end of this year unless measures are taken to strengthen its finances, Energy and Mines Minister Hum- berto Calderon Berti said. He told a Congress hearing that President Luis Herrera Campins has authorised
      Reuter  -  103 words
    • 68 1 Reuter FOREIGN investors bought a net US$73B million of Japanese bonds and debentures in May, against net sales of $329 million in April, reflecting a yen recovery against the US dollar and a firmer Japanese bond market, the Japanese Finance Ministry said. Purchases rose to $3,584 million in
      Reuter  -  68 words
    • 70 1 Reuter YOUNG Japanese women who want a beer will not have to be seen pouring it out in future. A Japanese company said it would put a "solid beer" on the market from next Tuesday and it expected young women to be the buyers. The beer, with 3
      Reuter  -  70 words
    • 54 1 AP NEW YORK stock prices declined broadly yesterday morning, continuing the slide of the past two sessions. The Dow Jones Average of 30 Industrials, down 32.46 points on Monday and Tuesday, dropped 1.20 points to 1,206.03 in the first half hour. Losers held a 2 to 1
      AP  -  54 words
  • 290 1 Reuter PRESIDENT Baagaa h»i mU the U8 ttumtmy to far itwpr thaa ewtter believed aai will grew by M per emtma year. "Oir eeaaamy la itrag Mi gettfag atraager," be Hli ata mwi eealwaaea la WaaMagtaa aa Taeeiay. Beeeat gate la p——l Immm, laiaa liial
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  • 481 1 Reuter WITH the United States leading the way, most of the world's major industrial nations are now on the road to economic recovery. According to the Conference Board, the leading index for the US economy was expanding at an annual rate of 11 per cent
    Reuter  -  481 words
  • Page 1 Advertisements
    • 249 1 Tops in C<* Audio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD. Singapore: Phone *****22 Kuaia Lumpur Phone *****3/*****0 ■wing: Phone *****/***** Jakarta: Phone *****9 Editorial...page 8 HGMD3" NINE former American Treasury Secretaries have warned Congress that if it does not approve another US$B.5 billion for the IMF, there would
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    • 40 1 Mm€Ms Bier Beck's Bier is imported from its distinctive tas Its distinctive taste is loved by Mmhi. Be a Beck's DvWu and identify yourself as a Lnftr. Q \\V > Kf Beck Bit v HE Another quality product from Sime D.irby
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    • 35 1 The Singapore s Straits Business Times World DIRECTORY at your Qf Fingertips Singapore (Buku Merah) BTW. Executive cars Executive trucks. Executive trucks? jrwMITSIiBfSHf > S The car truck rental company you must have heard of. Ph0ne.*****30,*****57.
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  • BANKING AND FINANCE
    • 266 2 Reuter SOME major industrial countries have to be convinced of the International Monetary Fund's need for additional funding, European financial sources said. One source said, "I'm not sure it's a foregone conclusion that the IMF will obtain the money it is looking for. There's
      Reuter  -  266 words
    • 157 2 Reuter BANK Bumiputra Malaysia Berhad, a Malaysian commercial bank, has signed an agreement to borrow 10 billion yen in a syndicated loan from a Japanese syndicate of 14 banks, the Bank of Tokyo said as lead manager. The loan comprises a four billion yen tranche
      Reuter  -  157 words
    • 379 2 UPI NINE former Treasury secretaries have warned that a failure by Congress to approve another US$B.5 billion for the International Monetary Fund would have serious consequences for global economic recovery. The Treasury secretaries, representing every administration since that of Dwight Eisenhower, issued a
      UPI  -  379 words
    • 118 2 Reuter MALAYSIA'S Sabah Energy Corp has signed (or a US$l5O million 10 year project finance facility, lead manager IBJ Asia said. The loan is in two portions with interest on the first $100 million at Vi per cent over the London interbank offered
      Reuter  -  118 words
    • 294 2 Reuter WESTERN industrial nations narrowed their differences on a new export credit system aimed at Hntrfng minimum interest rates on subsidised credits to market rates, diplomatic sources said. On the second day of talks in Paris, the European Economic Community and the US
      Reuter  -  294 words
    • 248 2 Reuter FRANCE'S medium- and long-term external debt totalled 295.4 billion francs at the end of 1962, the Finance Ministry said in a communique. The government's part of the debt stood at 20 billion francs, and loans guaranteed by the state totalled 236.6 billion francs. Until the
      Reuter  -  248 words
    • 378 2 Reuter A SPATE of Eurobond issues by Japanese companies, which started late last year, is peaking out with almost all potential issues floated, bond issue managers at securities houses said. The Swiss franc market was flooded by Japanese issues during the first and second quarter of this year
      Reuter  -  378 words
    • 148 2 Reuter ANGLO-AMERICAN Corp of South Africa said that the gold price is likely to remain highly volatile. Its directors said in the annual review that the world recession may be seen to have ended in 1983, led by renewed economic growth in the US which will
      Reuter  -  148 words
    • 22 2 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 8.94 per cent.
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    • 183 2 ASIAN ASIAN currency deposit Interbank rates as at close on June 29: US MUtMSMO otto mt 7 day* S« 9* 1 month 911/16 9 0/10 2 montlu 9* 9H 5 months 9H 9* 6 months lovt 10 9 months 103/16 101/16 12 months 10* 10H DH twin. fliLiJl. ma v
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    • 5 2 Source: National Discount Co
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    • 42 2 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $150 million 91-day Treasury bills to be issued from July 4 to July 8. Each tender must not be for leas than 1250,000.
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    • 70 2 THE US dollar yesterday fell in line with a weak European opening, a reaction to a wider US trade deficit and lower Fed fund rates. Banknote rates yesterday: (HK per 1): US 7.18/7.20 UK —10.90/11.10 Brunei 3.36/3 J8 W Germany 2.83/2.85 Malaysia 3.08/3.10 Philippines 0.60/0.65 Singapore 3.37/3.39 (HK per
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    • 476 2 THE US dollar behaved erratically in yesterday's foreign exchange market, rising sharply in the morning but giving ground towards the end of the day. Against the local currency, the dollar opened at 552.L285/95, 80 points higher than the overnight closing rate. In the first two hours, the dollar
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    • 282 2 THE dollar yesterday closed easier at 238.25 yen on a late wave of liquidation of long dollar positions. After opening at 238.80 yen in line with the 238.70/90 New York close, the dollar climbed to a high of 238.20 yen on commercial buying, but lost ground in the hour
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    • 315 2 GOLD FUTURES in Singapore yesterday closed generally firmer in light trading following a weaker US dollar. Total sales for the day was recorded at 118 lots while kerb volume at 600 lots. Prompt closed higher at USS4I6.4D/417.40 an ounce against 413.50/414.50 in New York, August at 420.30/ 420.80 against
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    • 43 2 Maa n New York 11.75B 12.23B LLCS tt»l Zurich 12.1MB 12J5B 12.106 12JHR Tmm >t MB 14 MB rewf |wr» um 11.106 a jup 12. MB fTnMwg Prtc ca Is US d lollari a troy ouno l. Source: Credit Suisse, S'pore.
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    • 71 2 THE dollar yesterday opened easier against most currencies following reaction in the Par East to Tuesday's record US trade deficit (or May and lower Fed funds rates. Opening quotes yesterday: US 1.5322 32 Cm 1 AM/75 Cross —1.2287/90 D Mk 3.8880/922 DF1-4.3618/62 S Fr B Ft con 77.70/82 F
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  • Page 2 Advertisements
    • 34 2 Shop at Melwani's Specialists' Centre and enjoy up to 70% savings 24 June-10 July 1983 Credit cards will be honoured during the sale. TT3 w Mehoani's *01-27 SPECIALISTS' SHOPPING CENTRE TEL: *****54 OPEN SUNDAYS
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    • 76 2 Executive privileges From the Serie Big Saddle Leather Collection comes this distinguished boardroom suite with its very own private bar. Swivel chairs in the finest leather, complete with a handsome table that extends to sit a whole conference comfortably. I I I *i 'Ay- j 1 The Serie Big Saddle
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  • TRADE AND INDUSTRY
    • 471 3  -  By MONICA GWEE TEHBOTOL Sosro Jasmine Tea has joined the tussle for the $150 million-a-year market (or non-carbonated drinks. P T Sinar Sosro, a leading Indonesian soft drink producer, will set up a plant in Woodlands later this year to produce
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    • 430 3 DEVELOPERS are being offered a 96,000 solution to get on top of their parking problems. Two cars can now be parked on a single parking lot by using an Italian device called B Box. The B Box, selling at 96,125 per unit, is a hydraulic
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    • 267 3 THE Singapore Tourist Promotion Board has taken yet another step to combat the drop in the number of tourists caused by the recession. It has launched two new schemes to help Singapore travel agents the new tours advertising scheme and the complementary advertising
      267 words
    • 477 4  -  By RICHARD SEAH TWO companies, one from way up North and the other down under, have teamed up in Singapore to manufacture a device that helps keep people around here cool but not too cold at work. E H Price of Canada and
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    • 311 4 BANQUE Indosuez Singapore has appointed Jeulu Aaglada as manager of its operations and consumer division. Mr Aug la da, who was recently transferred from the bank's Macao branch, joined Banque Indosuez in 1973 and previously served in French Polynesia, New Caledonia and Dubai. He takes over from
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    • 356 4  -  By LEE HAN SHIH HONG Leong Holdings, DBS Land and Pontiac Land are computerising their real estate operations. Hong Leong and DBS Land recently purchased a software package on real estate management from Peat Marwick Management Consultants Pte Ltd. Pontiac Land, the owner of
      356 words
    • 297 4 THE Singapore Association of the Institute of Chartered Secretaries and Administrators will hold a lunch talk on "Value-added statement: its usefulness and limitation" on Saturday. Associate Professor Han Kang Hong of the Department of Accountancy, National University of Singapore, will be the speaker. THE Building and Estate Management
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  • Page 3 Advertisements
    • 251 3 CECIL POINT The point of all business activity r FOR SALE Prices from $875 per sq ft i nl m Wftem Choosing the ideal location for your business is surprisingly simple. When you can choose Cecil Point, that is. Why? Because at Cecil Point, you are in the hub of
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  • Page 4 Advertisements
    • 585 4 OFFICE SPACE We present for your consideration the widest range of office accommodation in Singapore, at very competitive rental rates. Call us for an appointment to view any of these, and to discuss terms of lease. THE CHARTERED BANK BUILDING Raffles Place Outstanding quality building Excellent finishes and services Completion
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  • OVERSEAS
    • 326 5 Reuter THE US merchandise trade deficit expanded to a seasonally adjusted US$6.9l billion in May, the US Commerce Department said. The May deficit was the biggest for any one month in history and eclipsed the previous monthly high of $6.53 billion in
      Reuter  -  326 words
    • 70 5 Reuter ECONOMIC recovery has arrived in Canada, and is not just round the corner, Canadian Prime Minister Pierre Trudeau said in a nationally-televised speech. He praised Canadians for helping to lower inflation to 5.4 per cent a year from 12 per cent a year ago. The
      Reuter  -  70 words
    • 348 5 Reuter THE Federal Reserve of the US likes to see expansion in the economy and is not concerned by the recent sharp surge in economic growth. Fed chairman Paul Volcker said. Asked if he was concerned that the economy may be starting to
      Reuter  -  348 words
    • 198 5 Reuter THE Economic Council, an advisory panel to Japanese Prime Minister Yasuhiro Nakasone, will present a new eight-year economic and social plan in August, for fiscal 1963 started last April 1 to 1990, Economic Planning Agency (EPA) officials said in Tokyo. The council said on
      Reuter  -  198 words
    • 203 5 BRITISH National Oil Corporation (BNOC) has telexed its customers and suppliers to propose unchanged North Sea oil prices for the third quarter. It is recommending that the Brent field marker price remain at US$30 a barrel, with differentials around this price for other fields continuing at existing
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    • 726 5 ARRIVALS Service Local Operator Number Time From PAA PA5 0015 JFK/SFO/HKG BA BA14 0045 MEL/SYD/PER MAS MH601 0620 KUL MAS MH671 0905 KUL MAS MH811 0910 PEN SIA SQ103 0945 KUL RBA BI421 1000 BWN GIA GA887 1020 LGW/FCO/BKK MAS MH603 1020 KUL CAL CI814 1030 HLP
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    • 203 5 UPI LOWER oil prices will not trigger worldwide economic recovery bat can make a turnaround more vigorous, says a aew study by the Royal lastltote of International Affairs. "The Third Oil Shock," a IM-page book devoted to the aftermath of the March oil price
      UPI  -  203 words
    • 544 5 AP FOREIGN investors spent US$B.6 billion last year to acquire or establish businesses in the United States, a 63 per cent drop from the record spending the previous year, the US Commerce Department reported. The new report blamed the decline partly on
      AP  -  544 words
    • 727 6 Reuter THE world grain market has the potential for a severe war in which all the major producers would be losers, French Agriculture Minister Michel Rocard said. At the United Nations for a four-day ministerial session of the World Food Council, he
      Reuter  -  727 words
    • WORLD IN BRIEF
      • 350 6 THE Pentagon told Congress in a report released on Tuesday that the United States "has great hopes" Japanese Prime Minister Yasuhiro Nakasone will move to give Japan "true self-defence capability, including for its sea lanes by 1990". In its annual report on "allied contributions to the common
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    • 276 6 Reuter A MEMBER of the Kuwaiti royal family has become the most prominent victim of last year's Kuwait stock market crash, and is believed to owe more than US$2 billion, financial sources in the Gulf said. Sheikh Khalifah Abdullah Al-Khalifa Al-Sabah, who is married
      Reuter  -  276 words
    • 198 6 Reuter AMERICAN Vic*-President George Buk nM Washington wnM remain firm bat flexible In arms talks with the Soviet lalon and appealed far mere flexibility from Meoeew tee. He said President Reagan set ne preconditions for a summit with Soviet leader Yuri Andropov hat this
      Reuter  -  198 words
    • 434 6 Reuter SOVIET leaders have failed to gain backing for their threat to respond to new Western missile deployments at a one-day meeting of the communist Warsaw Pact military alliance in Moscow. A joint statement issued by the seven pact leaders on Tuesday
      Reuter  -  434 words
    • 330 6 FT THE Soviet Union has threatened to slash purchases from West Germany, its leading Western trading partner, if new US Pershing II and cruise missiles are deployed in West Germany. West Germany's Economics Minister, Count Otto Lambsdorff, said this was the message given
      FT  -  330 words
    • 309 6 Reuter THE European Economic Community's Executive Commission has been studying plans to raise an extra US$2 billion in 1983, needed to cover spiralling outlays which have brought the trading bloc to the brink of bankruptcy. Officials said in Brussels on Tuesday that the emergency
      Reuter  -  309 words
  • Page 5 Advertisements
    • 20 5 Pan Am Daily To Hong Kong Cabin Class At Ordinary Airline Prices, -p Pan Am.You Can t Beat The Experience.'
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    • 343 5 PHILIPS Now Philips KBX 100 features full operator facilities. AND OUTPERFORMS MOST PABX, PMBX AND PAX SYSTEMS. When it comes to the selection of a phone system for the small to medium sized business there are two excellent reasons for choosing a KBX 100. Firstly, it's a Philips. So it
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  • Page 6 Advertisements
    • 141 6 1 Babar. Bold and Beautiful Craftsmanship and design have never combined in a more boid and beautiful way. Babar is Swiss. And it's the first off ice chair that is soft all round. Its comfortable back and broad bucket seat permit hours of fatigue-free sitting. Babar is especially kind to
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  • 2781 7  -  Alberto Duque Rodriguez, a young Colombian coffee magnate who made it into the highest reaches of Miami's financial and political circles, lived in style. He had three houses, four cars, two jet airplanes and a yacht. Then one day last month, his world suddenly crashed: his
    NYT  -  2,781 words
  • Page 7 Advertisements
    • 207 7 Jensen speaker TRIAX I6"x 9" 1065 Jensen receiver RE 729 JENSEN America's No.l Car Stereo Speakers If you love music and you've always thought you can enjoy it only at home, now there's Jensen. It's the best thing that has happened to music when you're on the move. Jensen RE
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  • 453 8 WHEN A maintenance and service technician goes out on a date with a new girlfriend, he would probably not want his tool-box in the back of his car lest she thinks he is a lowly labourer. Such mentality is shaped by the popular saying that the pen
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  • 864 8  -  By ANDREW HURST Reuter ZANUSSI, Italy's leading producer of refrigerators, cookers and washing machines, has run into stormy financial waters and may soon turn for help to outside interests, possibly the Dutch firm Philips. The company has borrowed heavily abroad to finance its expansion and
    Reuter  -  864 words
  • 374 8  -  LETTERS MANFRED TIMMEL General Manager, I REFER to the article on Marco Polo Hotel (Business Times, June 16) and wish to draw your attention to the following points: 1. The Marco Polo Hotel's turnover for 1982 was a 2.2 per cent increase over 1981 and not
    374 words
  • 317 8  -  R. St. J. STEVENS Chief Executive Straits Steamship Company Ltd HAVING read the Taking Stock column headlined "Steaming Fat Cats" (Business Times, June 22), I would suggest Hock Lock Siew has overlooked the following facts about. Straits Steamship. 1. Pre-tax profits over the period 1978-82
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  • 185 8  -  A SHAREHOLDER OVERSEAS Union Bank Ltd has recently announced a rights issue of 1 for 4 at $2.50 per share. Since there are outstanding UOB convertible unsecured loan stock which may be converted into UOB shares at $4.50 per share, could the company please
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  • Page 8 Advertisements
    • 392 8 The New ENCYCLOPAEDIA BRITANNIC A 3 the only reference standard of the world. Call STP Distributors Tel: *****28/*****44 THE BANK OF CANTON, LIMITED (Incorporated in Hong Kong on 21st February 1912) BALANCE SHEET AS AT 31 DECEMBER 1982 1182 HK$ 1981 HK$ Li ABILITIES Share Capital (Note 2) General Reserve
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  • Page 8 Miscellaneous
    • 641 8 m SINGAPORE 5 3.00 PM Opening folowed by Taiji Master (Mandarin/ f) 3.45 This England The Wanderer: A Czech artist who has adopted England as his new home, talks about his life and work in north-western England. 4.10 Hawai Five-0 Legacy of Terror (r) 5.00 Flockton Flyer Race You for
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    • 104 8 The Singapore Guideline IJI Focus on Entertainment II.H Did You Know im Summary of the '60b II.M Today's Horoscope 11.St Focus on People ILM NOON World Wide Hits l.« News 1.19 Pick of the Pops IJI Share Market Report I.M Focus on Women 2JI Health Break 2.45 What in the
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  • 1753 9  -  Watching movies at home on video cassettes and discs has become a worldwide trend, reports Aljean Harmetz Aljean Harmetz NYT NOWADAYS a night at the movies can be had cut-rate at home on tape, and more and more people «ire choosing to spend their evenings that
    NYT  -  1,753 words
  • Page 9 Advertisements
    • 146 9 Hongkongßank Interest Rates Time Deposits We now pa> I)ail> Interest on all Savings Accounts. C alculated dail> at 6 1 4% p.a. Credited monthly. MAIN OFFICE: 1 OCEAN BUILDING: lOCollyer Quay #01-01 Ocean Building. Singaporeolo4 Tel: *****77 BRANCHES: BEACH ROAD: 115 Beach Road #01-00 Singapore 0718. Tel: *****75 Bl KIT
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    • 98 9 Qantas.The only daily one-stop flight to London. Every (lav, in ewery w^, it's unbeatable. Qantas has flights to London every evening, every week of the year. A service which is, quite literally, unbeatable. Particularly when you consider that you enjoy a choice of luxury First Class Sleeper Chairs, the original
      98 words
  • Page 9 Miscellaneous
    • 651 9 TVO-11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Beat up a baseball player (6) 7 Very pale on one side only? (3,5) 8 Good advice? Rubbish! (4) 10 Pictures within pictures? (6) 11 Unit currently halved, in short (6) 14 Urge a noted horse (3) 16 Friends forming teams (5) 17 Amounts
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  • RAW MATERIALS
    • 389 10 AFP ANOTHER attempt to thrash out a viable international sugar agreement is to be made next week, when the world's major producers and consumers start five days of private talks in London on Monday. Under the auspices of the International Sugar Organisation, a "contact group" consisting
      AFP  -  389 words
    • 289 10 Reuter INDIA'S OILSEEDS output in the 1962/83 year to October could fall to some 11 million tonnes from 12 million in 1961/82 due to an inadequate monsoon season which hit the winter (Kharif) crop. A senior agriculture ministry official said the final estimate could be between
      Reuter  -  289 words
    • 139 10 THE BTRAJTB TIN price In Peaug vesUrda\ firmed further to MSM.M a kilo, op 18 ceats, but still remiiaed within the IT A lower image of M 521.15 and The offerings of fl toaaea wu betow the dally average toraever ef 155 tonnes, and this had strengthened the
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    • 32 10 Rubber: June 29 Singapore: July: 233.50 cents (down 3.00 cents) Malaysia: July: 252.50 cents (down 3.00 cents) Tin: M 530.90 per kilo (up 18.00 cents) 97 tonnes (up 35 tonnes)
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    • 142 10 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cotton yarn: China Blue Phoenix 20s 2,500 32s 3,290, 40s 3,390 (per bale of 400 lbs). Paktotaa raw cotton: LSS 615. 4F 6.15, 289F 6.20; NT roller ginned 6.18 (per lb). CLOTH in
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    • 274 10 RUBBER PRICES in Singapore yesterday closed slightly lower with July One RSS buyers quoted at 233.50 cents per kilo, down three cents from Tuesday's close. Morning prices were marked down slightly on lack of buying support and lower London advices after a lower opening. Afternoon prices fluctuated around lunchtime
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    • 359 10 RAS prices In cento per kilo yesterday: Noon (per kilo) Buyers Sellers Int 1 R S S prompt f o b 232 50 233 50N Int 1 R.S.S. July 235 00 236 00 Int 1 R.S.S. August 237 50 238 00 Int. 2 R.S.S. 225 00 227.OON UK
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    • 115 10 NOON SSR and SMR pricas ywuiiliy RAS J«ly Ausust (C arrest Mtk) (Forward Mtk) SSR 20 SSR SO (1-too pallet) Buyer# Sellers hu > ers Sellers 211.50 213.SON 212.50 214.50N 11 too pallet) 207 50 209 SON ***** 210.S0N MRELB J«l y A«|iit SMRCV SMRL SMR SMR
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    • 120 10 SOYBEAN futures in Chicago on Tuesday closed mixed on a barely steady tone, ranging from up Vi cent per bushel in January to off one in May. November posted a 5 3 4 US-cent range. July soybeans found moderate support at the December lows below 585 cents. However, Tuesday's
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    • 198 10 SOFT wheat futures rallied to close on a firm note, up one cent to 3V* US-cents per bushel. December posted a 5Mr cent range on the day. After opening lower on reports of generally good US crop conditions and International Wheat Council forecasts for slack foreign demand, prices bottomed,
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    • 174 10 CHINESE Priiite Exchange, Sing&psrt, closing prices per 111 kg yesterday. CeetMt ail: Bulk fob $119.00 sellers, old drum (in second hand drum) fob 1122.00 sellers, new drum fob $136.00 sellers. Cepra: Mixed (loose) $70 buyers. Pepper: Muntok white pepper fob Asta NLW $375.00 sellers, Sarawak white pepper faq
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    • 113 10 The Malaysian crude palm oil market yesterday rose on covering in anticipation of India's tender today. Trading was moderately active. In July, central finned Mslo to MsBos per tonne while south and north gained Mss each to MJBOO and M 5797.50 respectively. August saw central trade at M
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    • 338 10 SINGAPORE: Yesterday's closing prices in S$ 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.
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    • 1070 10 COFFEE: Robusta coffee futures at midday yesterday were £12 to £9 a tonne below Tuesday's close in traded positions. Prices ended at the lower end of yesterday morning's narrowly lower range. Early losses reflected New York futures' easier close on Tuesday and little further feature emerged in the
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  • Page 10 Advertisements
    • 900 10 KIAWAK HANG FINANCE COMMNY LIMITED 157, South Bridge Road, Singapore 0105. TW *****6 BALANCE SHEET AS AT DECEMBER 31,1982 (Incorporated in Singapore) BALANCE SHEET AS AT DECEMBER 31, 1982 FIXED ASSETS INVESTMENT PROPERTIES MORTGAGE LOANS HIRE PURCHASE DEBTORS CURRENT ASSETS 3. FIXED ASSETS NOTES TO THE ACCOUNTS DECEMBER 31, 1982
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  • INTERNATIONAL STOCKS
    • 157 11 JUNE 28 Frs GROUP B CORBEILLE Alf-Llqulde 398 B S N Qervals Danone 1830 C S F (Thomson -5 -17 Carrefour Ftnanclere de L'Union La'arge Moet-Henneuy Opfl-Paxlbas Penarrova 1210 53.20 2H 1223 136 4170 10 -1.7 -4 2 4 0 7 Cte Francaise des Petroles Credit Fonder De France
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    • 88 11 JUNE 28 Dm Hoechst 144 JO -1 Hoeacti 50 80 unch Aef-Telefunken 7420B Horlen 147 JO unch BASF 148.80 -2 Karstadt 298.00 -15 ***** -18 KHD 258.50 -5 BMW 376.50 -7.2 Llnde 386.00 -I Commtribtnk 188 JO -33 Mannesmann 154 00 -1J Contl Oumml 10SJ0 -2.3 Preuoaf 288 SOB
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    • 82 11 JUNE 28 Frs FORWARD MARKET Arbed 1238 -42 Or Bru Lamb Hobok Petro Ryl Dutch Sldro Soc Oen Bel( Soflna 2330 5040 5840 2380 1885 1790 4800 -40 -30 -80 -5 •10 15 -10 Brajcan Canpac Cock De Beers Ebes Electro bel Qb-Inno-Bra Oev 1380 1905 181 480 2355
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    • 191 11 JUNE 28 Fls ABN 379.00 -3 Ahold 156.70 -2.8 Akso 67 40 -1 AMEV 110 JO -3.8 Am fax 76.00 -23 Amrobnk 61 50 -1J Bergoss Berk 27 00 -0.7 BoU 90 00 -2.1 Borsucer 168.00 -I 3 Boska 45 70 -0.3 Burtet 50.50 -03 Caland rem -2i Calv
      191 words
    • 102 11 JUNE 28 Lire Butocl 201 -29 BC! ***** -230 Centraie Ord Cond Acqua Roma ErtdanLa Flat Ord 1888 -212 IX JO -21 S1S0 -180 2811 -306 Generall *****0 -TIO Olm 2973 -25 [ft Prltr 4480 -541 Invest 2370 -225 Itilcementl Ord ***** -535i Italf&s Le petit Ortl 925 -73
      102 words
    • 191 11 JUNE 28 Francs 47Action* Sulsses 287 unch Aiusulsse Br. 745 Aiusulsse Reg, Brown Borerl Br. 288 1270 -4 -30 Clba Oelfj Br. 2025 •10 CTk* Oelgy P C 1300 S Clba Oelgy Reg Credit Suisse Br 80S 3025 -8 4-5 Credit Suisse Reg an 1 Elektrowatt Br. 2610 5
      191 words
    • 201 11 JUNE 28 C8 AblUDI Alcan Algoma Bank Mont Bank Nov* Scotia Bell Tel BP Can Ltd Brascan Camp Red Lake Can Imp Bk Can Prm Mg Canpac Carting O'Keefe Cmbl Rd Lk Cn Bthrt CI A Comlnco Cons Marbenor Dankoe Denlaon Dom Stores Dom Tar Dome Mines Falcb Nick
      201 words
    • 283 11 JUNE 28 Rand INDUSTRIALS A Alpha Abercom AE And CI Amaprop A MIC Barlows C O Smith CNA Currte Finance De Beert Ind Edcon Ed fan Fed Volk rugit Oratemn Hl»eld Lib Holds Lonrho LTA M And R Mccarthy Messina Metbox 940 280 MO 540 3400 1370 2350 157SB
      283 words
    • 1289 11 NEW YORK WALL STREET stock prices closed sharply lower for the second straight session on Tuesday as investors continued to sell blue chip shares on fears that interest rates are going to rise. The Dow Jones Industrial Average, which spurted higher at the opening, closed down about
      1,289 words
    • 364 11 HIGHER oil and gas stocks yesterday lifted Australian stock markets in quiet trading. The markets opened down after the fall of prices on Wall Street but indications that US interest rates were on the decline tempered selling. The AllOrdinaries Index was down 0.3 at 603.8 near the close. JUNE
      364 words
    • 126 11 SHARE prices yesterday closed mixed on a turnover of 3.6 million pesos, up from 3.11 million on Tuesday. JUNE 28 Pmm Acoje Mlnlnf Anglo PhU Apex Mining B Atlu Con a 0 015 a unch unch Btfulo OoM ***** -OOOCH Basic Petroleum 0 008 -***** Bcnfuet Con B CDCP
      126 words
    • 418 11 HONGKONG PRICES yesterday closed little changed after quiet business throughout the halfday session, with the market still lacking direction. The Hongkong dollar was still weak against the US unit, ruling at around 7.20 for most of the day. Trading comprised small investors' orders only, which mainly centred on
      418 words
    • 594 11 PRICES yesterday closed marginally higher on limited bargain hunting after falling sharply in the morning in line with the Wall Street decline on Tuesday. The market average added 5.95 to end at 8,844.19 after falling around 46 points from Tuesday's close in early trading. The Tokyo
      594 words
    • 174 11 SHARE prices yesterday closed mixed with losses outnumbering gains in weak trading. Industrial Finance Corp dropped one baht to 145, First Trust fell 0.50 to 65.25, Berli Jucker lost two to 395 while Rama Tower was up 0.50 to 47.75. Bangkok Bank closed steady at 258 baht. JUNE BahU
      174 words
  • Page 11 Advertisements
    • 1462 11 BARCLAYS International BARCLAYS BANK INTERNATIONAL LIMITED REPORT AND ACCOUNTS FOR THE YEAR ENDED 318T DECEMBER 1982 The Barclays Bank International Group Balance Sheets at 31st December, 1982 The Barclays Bank International Group (Principal subsidiaries and associated compaBarclay* Oversew Development Corporation Barclays Trade Finance Ltd The Group lUH'2 1981 The Bank
      1,462 words

  • Page 12 Advertisements
    • 939 12 Where to wine, dine and entertain sill! with the American Express Card HjjMH|[ "if you don't already have the Card, call *****33 for an application form" lubertufi (§riU For lunch. For dinner. For a richly rewarding experience. Also Businessmen s Lunch M<>nd iv I' l 1 n.l.iv >24 >11 111",.
      939 words
    • 245 12 (Resort to our f <Tf)t t ittebaUionßL (PriU m I I real yourself to our famous Prime Rib beef in (own served on a Silver Wagon. I nwind to the li\e entertainment provided bv the Filipino band the 'C.orpu/ f rio' nighth from 7::illpm t<> 11:30pm l j: I lyji*
      245 words

  • COMPANY NEWS
    • 309 13 RECENT market entrant Federal Flour Mills Bhd has emerged with a strong balance sheet for 1962. But this comes hardly as a surprise, considering the spate of acquisitions and the hefty net proceeds of MJ4409 million from its public offer of shares last June. Practically all
      309 words
    • 1030 13  -  Market Talk... By CHRIS LIM MALAYAN United Industries is now consolidating its acquisitions into "clear cut profit centres", said London-based stock broking firm, Simon ĕ Castes. The group offers exposure to a wide spectrum of the Malaysian economy and is a "unique" company in which
      1,030 words
    • 513 15 TAIYEE Development Sdn Bbfi, a subsidiary of MalayMa Re—gees Carparattaa BM, signed two syndicated loan packages totalling Ms2o million on Tuesday to finance tbe first phase of a housing project that is expected, upon completion, to contribute about $19 million in pre-tax profit to MRCB.
      513 words
    • 241 15 BIALAYSIAN Tobacco Company Bhd (MTC) has reported stagnant profits for the months to March 31, 1983, after having gtcorded significant earnings growth rates is recent years. Group pre-tax profit at half time came to MJ50.13 million against $50.91 million chalked up in the preceding first half, while
      241 words
    • 216 15 AMBASSADOR Hotel limited: Tenth AGM to be held at the Coral Room, 2nd Floor, Seaview Hotel, Amber Close, Singapore 1543 on June 30 at 9 M. AMCOL Electrical Iadastrica limited: AGM to be held at 19, Wan Shih Road, Jurong, Singapore 2262 on June 30 at 9 am.
      216 words
    • 250 15 AMALGAMATED Industrial Steel Bhd (AISB) made a flying start on the Kuala Lumpur Stock Exchange on Tuesday. From a lofty opening of M 54.00, against its recent offer price of $1.00, the counter surged to a peak of 14 36 before easing slightly to close at
      250 words
    • 131 15 AP BRITAIN'S largest car auction firm has agreed to underwrite a £3.5 million rescue package for cashstarved Lotus Car Co. Under the plan, expected to be approved by shareholders next month, British Car Auctions Ltd will become the largest single shareholder in Lotus with at
      AP  -  131 words
    • 389 15 MALAYAN Flour Mills Bhd expects to complete the refurbishing programme at its mills sometime this year. This was indicated by chairman Tan Sri Datuk Haji Mohamed Noah bin Omar in his latest annual review in which he noted that the refurbishing programme announced last year
      389 words
  • Page 13 Advertisements
    • 453 13 I ARAB BANKING COBPORATION (B.S.C.) Balance Sheet For the year ended 31st December 1982 1982 1981 U8$ (000) US8 (000) Cash and bank balances 4,907 3.189 Marketable securities 355,840 298.313 Deposits with banks and financial institutions 4,747,027 3.094.647 Commercial loans and advances 2,558,499 1.228.472 Interest receivable 170,573 132,694 Investments 18,787
      453 words
    • 534 13 National Westminster mw Bank NATIONAL WESTMINSTER BANK PLC 50 Raffles Place #05-01/06 Shell Tower Singapore 0104. Tel: *****44 Telex: RS ***** Foreign Exchange Tel: *****77 Telex: RS ***** Head Office: 41 Lothbury London EC2 England National Waatminatsr Bank PLC Raport of tha auditors To tha Mawbara of National Waatminstar Bank
      534 words

  • 3245 14 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. All Thnes Settlement Contracts are quoted after
    3,245 words
  • 3492 14 MS Low CMfUT Last Sale +eeGi>s DW DIt C*TT Gr's Net TTd P/E Vol (•OOO) Day Hlgll Low 8ECTION ONE INDUSTRIAL COMMERCIAL 384 sn an 410 UO 273 347 aso 930 936 1400 936 340 946* 370 444 472 1040 330 806 030 300 300 330 138
    3,492 words
  • 2254 14 BID and offer price* officially listed and business In and reported to the Kuala Lumpur Block Exchange yesterday, with the number of shares traded shown In brackets In lota of 1,000 units unless otherwise specified. mDORBUU (2MB) All II (2BB) (1) 134 (7) IB (It) 19 A
    2,254 words
  • 606 14 THE leeal stock BMrlnt flm< aa Mote taae after iremaiig early aerveßsaess. Bat Stall' pestle laiei closed Ml paiat tower at «17 JC wUle the stralta Tlmea IndastrtaJ ladex «aa dews fctt paint te MUL Opeatog prleee wen very weak aa news that the «verrigM
    606 words
  • 441 14 BULLISH sentiment continued to prevail on the Kuala Lumpur stock market yesterday, with shares closing steady across a fairly wide front in hectic trading. Total turnover shot up to a new record of 18.03 million units valued at M 567.89 against Tuesday's 16.17 million units worth
    441 words
  • 184 14 Maaager*' prk m t*r Jue SI > ■MunuimTini BT DUMOND MOT stobi E Hie Commerce IM 3 00xd MAT Judt The Savings Fund 100 2.12 DUmoad Spore Fd (US») p S pore Prog Fund 1.55 L04 0 56 0JI S pore Sec. Fund 2-33 147 S L14 LB
    184 words

  • Page 15 Advertisements
    • 75 15 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due June 30,1987 of: A The Mitsubishi Bank, Limited. D.B.S. Building, 6 Shenton Way, Singapore 0106. We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the interest period beginning on
      75 words
    • 1242 15 ASIA BUILDING SOCIETY LIMITED AND ITS SUBSIDIARIES (Incorporated ia the Republic of Singapore) BALANCE SHEETS AS AT 31 ST DECEMBER 1982 -THE GROUP—1982 1981 9 -THE COMPANY—1982 1981 —r —THE GROUP—--THE COMPANYSHARE CAPITAL STATUTORY RESERVE UNAPPROPRIATED PROFIT TOTAL SHARE CAPITAL AND REBERVEB LONG-TERM LIABILITIES Deposits maturing after 12 months CURRENT
      1,242 words

  • Chief Price Changes
    • 168 16 Rises Indices Corpn 478 1220 44 40 June 28 June 29 Kamunting 50« H L«oi| Credil Seacorp Textile Corp MO 100 1180 320 40 35 30 30 BT Composite: BT Indicator: ST Industrials: 938.36 337.56 *****8 *****7 965.45 965.16 Job an Hldgi 92S 25 ST Finance: 2577.69 2581.89 Hong
      168 words
    • Article, Illustration
      149 16 Rises Indices Magnum 540 Temerloh 610 Larut 490 SEA Lumber 324 Gadek 450 Supreme Plant 268 PtiaiMl 'A' 291 U Cables 490 Lion Corp 730 Syn Resins 440 Genting 515 B Raya 294 Falls Gopeng Con 1500 Utd Est 630 Hume 690 +70 40 38 +34 34 +33
      149 words
    • 50 16 H.K.HANG SENG Wednesday 941.10 Tuesday 943.83 Week Ago 067.62 AUSTRALIAN INDUSTRIALS Wednesday 740.9 Tuesday 743.2 Week Ago 740.5 ALL ORDINARIES Wednesday 003.9 Tuesday 604.3 Week Ago- 600.5 FINANCIAL TIMES INDUSTRIALS Tuesday 718.6 Monday 72S.7 Week Ago 731.4 DOW JONES AVERAGE INDUSTRIALS Tuesday 1209.23 Monday 1229.47 Week Ago— 1247.40
      50 words
  • 478 16  -  By CHAN OI CHEE OVERSEAS Union Enterprise (OUE), which acquired a 15 per cent stake in Boustead PLC only two years ago, has divested its interest in the company. Yesterday, the hotel owner and property developer announced it has sold its entire 5.02 million Boustead
    478 words
  • 304 16 P ERM 0 D ALAN Nasional Bhd (PNB) is the shareholder which will take up the entire addition of $600 million to the paid-up capital of Bank Bumiputra, according to well-placed sources. The other shareholder, Ministry of Finance Incorporated, will abstain from
    304 words
  • 210 16 BANK Bumiputra's strength and stability is unquestioned and there is no room for unfounded inferences and conclusions, said its executive chairman, Dr Nawawi Mat Awin. Responding to reports on the bank's AGM on Monday and the comments made on the absence of board members from a post-AGM
    210 words
  • 819 16 SHARE prices closed lower in dull trading yesterday, dealers said. At 3pm, the Financial Times Index was down 6.0 points at 713.6. Sharp falls on Wall Street prompted an initial mark down in prices and, after a rally attempt petered out in mid-morning, prices in the main showed
    819 words
  • 204 16 THE Steek Exehuge s# has ——i that the shares 1« eempamm WBI Ml it altowed to be traded ca a settlement basis tram toawnw utll farther —Otic. They are Daatop Estates Bhd, Federal CaUes aid Wires Metal Bhd, Eraser aad Neave LU,
    204 words
  • 192 16 MR ABDUL Ghafar bin Baba has resigned as chairman and director of Electrical and Allied Industries Bhd, with effect from June 24. The resignation of Mr Ghafar, who is chairman of Peg! Malaysia Bhd, is no surprise as Peg! sold off its 25 per
    192 words
  • 495 16 IRiiliH W——■■ Companies Editor: Mano Sabnani RALEIGH Cycles (Malaysia) Bhd is acquiring Taman Bukit Maluri in the Kepong area of Kuala Lumpur for Ms6s million. The company said yesterday it has entered into a conditional agreement with Syarikat Maluri Sdn Bhd to acquire the entire
    495 words
  • 434 16 PUBLIC Bank Bhd (PBB) intends to use the proceeds from its one-for-two rights issue to support the continued growth and expansion of the group over the next few years. PBB said it is desirable to enlarge further its equity to bolster its growth and
    434 words
  • 98 16 DIRECTORS of Btvervlew Ratter Estate* Bhi have declared a second interim dividend of 5 per cent less tax, payable on Aug 18, to shareholders registered on Aug 6. The register of members will be closed from Aug 8 to 17. TRADING in the shares of Sesth Malaysia Iadwtrles
    98 words
  • 61 16 GANDA HsMlsgs Bhd: Group pre-tax profits rose to MJ794.296 for the six months to March 31, 1S83, against $310,725 previously. Group turnover stood at $22.8 million ($21.11 million). WILKINSON Process Sibber Cs Bhi: Group profits before tax fell to M$939,767 for the half-year to March 31, 1983, compared with
    61 words
  • Page 16 Advertisements
    • 145 16 CHILDREN'S BOOKS Times Orchard Centre MIOS LUCKY PLAZA SINGAPORE 9. TEL: *****71 OPEN MOM SUN 10 a.m. 9JO D.m. S0 1a i PRIME BOOKS M CASH RECEIPTS CASH PAYMENTS I IMPREST PETTY CASH iillll SALES REGISTER ca ACCRUED PAYMENTS VOUCHER REGISTER CREDIT NOTE REGISTER DEBIT NOTE REGISTER OABS The ultimate
      145 words
    • 53 16 AND: "Less Quality Less Craftsmanship Less Dependability Less Durability Less After Sales Service Less Resale Value" 081 LGB) fOB MOTOR tfoiiri YACHT cnuißßi Dependable Diesel Cruisers For more information on Grand Banks Cruisers, please contact: AMERICAN MARINE (S) PTE. LTD. 26 Jalan Terusan, Jurong Town, Singapore 2261 Tel: *****11 Cable:
      53 words
  • Page 16 Miscellaneous
    • 60 16 OUTLOOK for today: Showers in few areas in the morning and early afternoon. Report tor 24 hours prior to 7J9 pm on Jim 29 at the airport: Maximum temperature 32.7 Associated humidity 67 Minimum temperature 27.3 Associated humidity 88 Hours of sunshine 9.60 Raimall in millimetres Nil Total rainfall for
      60 words

  • SHIPPING TIMES
    • 244 17 P O will not sell Australian ship operations UPI PAO HAS rejected proposals for the sale of its Australian operations after two months of negotiations with potential buyers. From the beginning, Britain's oldest shipping giant made it clear it was not actively looking for a buyer but was prepared to
      UPI  -  244 words
    • 640 17 AFP TAIWAN'S major shipping lines continue to take a large share of freight worldwide as business is building up after recession, the Taipei's Government Information Office (GIO) reported yesterday. The government-owned Yang Ming Line has reported full bookings for its recently inaugurated
      AFP  -  640 words
    • PORTSIDES
      • 64 17 Reuter SOUTH Korean shipyards received US$l.6B billion or 1.87 million gross tons of shipbuilding orders from overseas up to June 15 this year, commerce ministry officials said. This compares with $1.6 billion or 1.2 million gross tons of orders received for the whole of last year, they
        Reuter  -  64 words
      • 60 17 Reuter MEMBER lines of the Bay of Bengal/Japan/Bay of Bengal Freight Conference said they will reduce bunker surcharges, effective July 1. The surcharge on cargoes between Hongkong and Burma will be reduced to 32.1 per cent from 33.4, on Hongkong/Bangladesh cargoes to 30.9 per cent from 32.7 and
        Reuter  -  60 words
    • 735 17 Shipping LIm P*p SUppiag Um Page CM Afea V 4 Frata Shpg VI 2 Ahrenkiel Liner VI 5 Freight Links V 2 All trans vn 4 Frota V 1 Alpac VI S Fuji war a Line IV 5 Antara Shpg X 4 Globe Line VI 4 A
      735 words
    • 308 18 JUST when everybody thought that, after several years of trying, US Congress would finally pass a bill that would help American merchant shipping out of its doldrums, most hopes were quashed last week after the House Judiciary Committee basically upheld
      308 words
    • 340 18 THE world's largest tanker, once described as a "white elephant," has started a new role as a floating oil terminal. After more than a year without employment, Hongkongbased CY Tung group's Seawise Giant has been fixed on time charter by Petroleos Mexicanos (Pemex). Details have net
      340 words
    • 1647 18 THE london freight market was quiet on Tuesday with chartering of grains very slow to develop, brokers said. Elsewhere, notably in the time-chartering sector, fixtures indicated a slight easing. Two fixtures delivery Gulf, one to Africa of 26,899 long dw, the other to West Africa of 15,206 metric
      1,647 words
    • 776 18 Lloyd's List JAPANESE steel production, allied to the improvement in US economic fortunes, is the single most important indicator affecting the freight markets and hopes for recovery, said Mr Carron Greig who took over as chairman of the Baltic Exchange recently. Mr Greig, who
      Lloyd's List  -  776 words
    • 197 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. Neprtine Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      197 words
    • 538 19 Business Post THE Port Authority of Thailand (PAT) is considering a plan to set up a "gantry crane" system, specially designed to handle only cargo containers, at the Klong Toey Port at the cost of more than 100 million baht Thai Communications
      Business Post  -  538 words
    • 104 19 AFP A SOUTH Korean company has won a multi-million dollar contract to build a new 23,500 tonne bulk carrier for the large Australian trading and mining company, CSR Limited. The new vessel, expected to arrive in Australian waters in August or September next year, will be
      AFP  -  104 words
    • 288 19 MANY shipbuilding yards in West Germany have only contracts in hand for two-thirds of available working hours in the second half of this year. Their committments into 1984 covers at best only one-third of man-hour capacity during the first six months. The German
      288 words
    • 1252 19 ANGOLA Luanda and Lobito June 7th. No berthing delays. ARGENTINA Bahia Blanca June 13. 29 days for grain and 29 grain vessels waiting. Buenos Aires June 13. 17 days delays and 20 ships waiting. Necochea June 13. 27 grain vessels waiting with 16 days delays. Rosario May 19th.
      1,252 words
    • 6350 24 SCHEDULE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated •dates of arrival and departure from the Port of
      6,350 words
    • 707 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL o.. Arrival for LCL Movement Voy Date/Time Operator Cargo Schedule ean 30 6 83 2359 Worldwide TA 3 1000-1200 02 1.7.83 0700 Sealord TA 3 0700-0900/0000-1100 Toyoma 227 1.7.83 1500 Ned-EAC TA 3 l^-lSo/iaSo-'lSS 1500-1700/2359-0100 PVanburen
      707 words
    • 1775 25 The leading shipping lines operating from local ports and their agents. A— B Agriadr Caatalner Continental Feeders (S) Cargo Freight (PK) AFEA African Shipping Agencies (S). Ur*-EuMit Um Transgroup (S). Akreaktol Umt Service Kim Shpg (S). AIM C Taepfer Sea Consortium (S)/ Marintex Enterprise (PK). AlpM
      1,775 words
    • 462 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES 0 Elpis 35/6 Borneo alongside 30.6.83/0530 Kota Jasa 10/11 PIL alongside 30.6.83/0030 Lu Liang Shan 18 Y Fung alongside 30.6.83/0600 New Peacock 47 Sin Chlao alongside 30.6.83/0600 Pelawan 25/6 Sankyo alongside 30.6.83/1500 Stolt Tenacity 15/6 Stolt-Nielsen alongside
      462 words
  • Page 17 Advertisements
    • 557 17 9% HEUNG-A SHIPPING Korea Rag Vsls Regular Liner Semi-Container Service To: P. Kelang/Penanf/Bantfok/Keelunf/ Busan/Inchon Fm: Busan/Moii/H. Konf S'pore Afent: Neptune A(enties We Ltd Tel: *****11 P.K. *****4, PN *****5 K.L. *****0 LONDON Freights H/HI PORT Conditions m/X CONSORTIA m SHIPPING Schedule Vm/IX WHO Acts for Whom IX CONTAINER Schedules IX
      557 words
    • 34 17 > AMERICA Houston Baltimore Norfolk Aug iuTTmCI Aug 1 Aug 3 Aug 9 Aug 8 Aug 10 Aug 16 I Aug 15 Aug 17 I Aug 13 LM Sea Land Customer Sor»ic«/Booking *****22 Terminal *****80'
      34 words
    • 312 17 tycnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents UNIMCIFIC TRANS I TRADING AGENCY PTE. LTD. Tel: *****4 (5 l.nesl SINGAPORE g line EXPORT FULL CONTAINER SERVIi TO. U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, INLAND POINTS TO: BELGIUM, HOLLAND, U.K., GERMANY. FRANCE. SCANDINAVIA. AUSTRIA
      312 words

  • Page 18 Advertisements
    • 337 18 mil To Europe Feeder FAR EAST/EUROPE CONTAINER SERVICE From Europe Vessel I Spore II) B. BUT MIG 14/8 I. KEHMNC 21/8 MM ftr 1) Barcelona. Genoa. 2) Amsterdam. Antwerp l Havre. Basle. UK. 3) Bremen. Bremerharen. AarKus Copenhafen. HetsmAi 4) Mate*). Stockholm. Oslo Accept mf Europe carp lor feeder na
      337 words
    • 515 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA OAK SUM ST At M 94 MF*t J HASMU 25/7 a/7 FMUT MX 4/7 V 7 7/7 TMHSW M. 31/7 3/1 KNMUA 12/7 14/7 l(/7 Q.t MDGE 4/1 VI aotr ICE 11/7 11/7 a/7 KSSQ "twtnf LCI Carfd. Atlantic/Canada im»i« «i ara
      515 words

  • Page 19 Advertisements
    • 652 19 The Straits Steamship Group OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Satah, Sarawak, Brunei Ports and Bangkok CONT AINERSHIP SERVICE TO UK/CONTINENT Sp»e PK4w| •A/7 05/7 12/7 14/7 11/7 *0/7 04/1 Of/I U/l 13/1 H/l 21/1 24/1 21/1 CONTAINERSHIP SERVICE FROM UK/CONTINENT H burg Br em Rdjm Le Hi
      652 words
    • 282 19 Franco Belgian Services Ih' I' Fan k'rc ich s t ri XC( il*i P, \;ian Ii r Fiis'+r*: /.»»!*<> iCt CONSO«^IUM Singapore {NQUIRtf S *****44 CfS *****41 Terminal ?jOOOIS Optorg Shipping Pte. Ltd Port Kalang *****1/2 Pataling Jaya *****3/575C03 Panang ***** tllE L M A EMPRESA LINEAS MARITIMAS ARGENTINAS (ARGENTINE
      282 words

  • Page 20 Advertisements
    • 829 20 FXPORTS I Liwpml Bit f<ar*lurt Eipress Hongkong Eiprns Bremen Eipress Roertaen Bay Crtj ol EM>u|ti Haatei Eipim Tokyo Bay S ton Hburg B ha»en Rdam Le Havre Mwip 23/7 25/7 27/7 28/7 30/7 1/8 3/8 5/8 6/8 8/8 7/8 9/8 11/8 12 8 14/8 15/8 1 7/8 19 8 20/8
      829 words
    • 446 20 Kd*f* tm conventional serwce ttNANG m w'JSmfim i r-SS 30-jimt um FULLY CONTAINERISED SERVICE TO EUROPf VIA SUtZ 1 Membff ol the Act ComottwT FROM FUROPf VIA SUEZ "1 A Member ot the Ace Comwlium 11 FULLY CONTAINERISED '0 t»>>M NORTH AMIRICA (AST COAST K.N.SVEN 12E 0. DnOMAT 12 0.
      446 words
    • 557 20 (V) EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCCfTMG FCI I LCI CAJtGO FOR: SGP Ml IfiG Fl* ROM ANN IHV E»« t/7 21 n 25/7 31/7 1/1 3/» <-»"< >4/7 15/7 (/I II U/l ii/| u/i IwrUmnc 73/7 23/7 15/® 17/1 19/1 I 22/1 »iso acclmhg ici/rci i fcl/fcl la
      557 words
    • 738 20 Burma Five Star Shipping Corpn "BURMESE NATIONAL LINE" LOADING FOR RANGOON S poff P Kctang Panang miK/iM 5/7 M 12/15 U 10/11 M 1/9 M 15/17 U 8 F SS C Agents m Voloysio BOUSTEAD SUPPING TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 Campama Argentina 0* NavaMCtox liftweommant* S A
      738 words
    • 239 20 IHSINOSE u MARITIME PTE LTD SUN UNION LINE KARACHI SERVICE SH6APORE PJ(ELANS PEJMMG LOAD FOR 3 My 4 My Karada I 5 July SOUTHERN CROSS I MINTS SteGAfOtt si PORI KELANG penang StNOSt MAftITNE PTE LTD TEL *****44/7 I *****70 aOOKK SEANAV SHPfME COMPAHY TEL *****42 3 malose maritme smmtu
      239 words

  • Page 21 Advertisements
    • 1061 21 PIL GROUP KOTA WAMQI KOTA WtSATA KOTA MOAN KOTA MUTIARA KOTA CCMPAKA KOTA MAKMUH KOTAJATI KOTA BERJAYA W-380. KOTA RATNA W-383 KOTA ANQKASA VOYAQC E-44* E-447 3/5 JULY S/t JULY 29/2 AUG 5/TO AUG 10/13 AUG LOADING FOR; HOOEIOAH. JCDOAH, AO AAA, PTSUOAH HOOCK)AH, JCDOAH, AQABA, FT SUDAN HOOCIO AH,
      1,061 words
    • 569 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE STUNTS (I*o* WITH LHRTY TO CALL AT RED SEA PORTS PENANG FED VIA SMGAPORE BEN ASIA CONTAINER SERVICE o EXPRESS CONTAINER SERVICE STRAITS/TAINAN/MPAN L A BENBULK BULK SERVICE FOR TIMBER AND PLYWOOD Ret*i( S pore P KeUnf laa** Far CROHN AZALEA ti/ZJ M
      569 words
    • 612 21 P.T. DJAKARTA LLOYD Indonesian National Shipping Line TO UM WOT/ EAST COAST H GULF PORTS (FULLY CONTMNERBED KSSEIS) STOW LA HOUSTON SAMMM TOM BALTMORE MTMIARTA toy 7« 1/7 27/7 1/1 13/1 11/S 11/1 MAttPAMT Voy Mi v> x/l 7/1 11/1 15/1 17/1 Mm kc«*M( op hi tM«A Umta*. II (Mmm.
      612 words
    • 601 21 BOUSTEAD SHIPPING AGENCIES BANK LINE INDEPENDENT SERVICE TO UK/CONT MEADOWBANK IVYBANK SPORE R'DAM HULL HMBG 3 Jul 26 Jul 29 Jul 1 Aug 23 Aug 19 Sep 21 Sep 25 Sep Lukes/< Lines U.S. GULF DRECT SERVICE From NoU I LOUSE IVKES Std J GENEVfVE LYKES 1/7 RUTH LYKES 22/7
      601 words

  • Page 22 Advertisements
    • 1303 22 iu. v*.. K line KAWASAKI KISEN KAISHA, LTD. NEW YORK/E. CANADA express container service TTFDER VESSEL STORE MO TIER KSSEI TOKYO N'VORR A PIONEER )M(a v BWOGf V 64 iU Z AMASTARVI3 8 Jul m* KRStY MARU V 67 lul ?0 Aug Us« cifc (oPHLADELPHA t BAITMORi Aho Keeping (Vu
      1,303 words
    • 390 22 E CHAR CHING MARINE CO LTD CCIJkUr USA WESTCOAST FULLY CONTAINERISED SERVICE fKDER VESSEL SPORE MOTHER Wl HAG LBEACH OMLAMO StATTIt HONCXONC ORBS Ot JUL CHAR MIA 15 U Ot AUG 01 MS 11 MIC BREMEN EXPRESS 12 U TE LAN U 1( UK lIMJS 21 MIS KOmOOM BAT 23
      390 words
    • 705 22 CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER SERVICE l««M( tor lOS ANKLES SAN FRANCISCO SEATTLE T>COM VANCOUVER OC Accept** Fa/ra CpntaaMn l"** STST' '~"5" AUSTRALIA EXPRESS CONTAINER SERVICE Acctp«p| ra/ra Co^amm iMut f S pott HHb SrPr aim accepts My 11 My 25 M»y ftra/AM/Ons HSf; 2*» 6A* 1J Aug Frm/AM/lm
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    • 547 22 korins maritime services k 114 Anton Ro*d *18-01, Tunas Building, Singapore 0207. Tal: *****22 A *****07. P Keleng Tal: *****1/8. RED SEA/PERSIAN GULF/MEOITEHRANEAN SERVICES HAEWOO NO 5. LEADBON HAEWOO NO. 2. HAEWOO NO. 3. S'PW* loading For: 1 Benghazi/Tripoi I* My Bandar Abbas 5 Assab/ Alexandria Benghazi/ Tripofi 30 Au|
      547 words
    • 747 22 4* T^Sri INTRASEA (PTC) LTD. 10 Ai»s»r>R>nid -27 I ft, International Hl<i/a S«nq.i|. .r.- 020/' lel 224/sS i I (10 I ines as BREAKBULK SERVICE TO EUROPE/UK KRONOS C *****6 ANANGEL PEACE *****08 S parc P Ketone Loadng tor 3My RDAM UK (AVON) 12 My 15 My (to pr alpacune
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  • Page 23 Advertisements
    • 457 23 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A 0< Ift* *Cf C#iMOrt»u« TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C ROZE S'pore Closing Times: FCL Cargo 1200 1/7 LCI Carßo 2359 30/6 FROM EUROPE (VIA SUEZ) K CHANCE 12E 0 CHEF 34E C PAUL 35E C CONTAINER 21E HK CONTAINER
      457 words
    • 433 23 HEUNG-A SHIPPING Korean Flag Vessels DOHA* SEMI-CONTAINERISED DIRECT SERVICE TO I BANGKOK. KEELUNG. BUSAN. INCHON N. 7 Drai/3MN Nt< Orai 304N Shni/Mlll OBOMMMEQItT an an \n 34/7 2/4 SEMI-CONTAINERISED DIRECT SERVICE TO: CHITTAGONG. CMALNA. CALCUTTA ftwt >„m! WPTlff AGfNCIS PU ITD IH 7774! 11 *****66 Mt »VV lUR4S Si ll*
      433 words
    • 790 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SKSOV BULDMG 55, Market Street Smfapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SHSOV SINGAPORE Tetei Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARKAT RAH SOON SON M IST ANO ?NO FLOOR NO 1 MIAN CfMPENMG PORT KLANG MALAYSIA
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    • 122 23 SOON KIAT SHIPPING PTE LTD 3 Shwrtw*ay #?o<fc Shcnton Houm Sngmort 0106.1* L-WS* Tete. RS3SI39 SUSUP REGULAR SERVICES TO EAST MALAYSA ETA ETD OESTMATKM iH«m 14/7 16/7 BMiAi/K. Mat/than mLmN 15/7 lt/7 lftnn/Ljten/K(to Krabalu i Not Hn Ik 4 4/7 t/7 $>Ma/T>ni mLn! 2/7 4/7 M*/K.Mrf Km Man Mac Hunf
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  • Page 24 Advertisements
    • 484 24 ICc<|i»nstl Container Lines 2 Sailings Weekly Reliable Regular Punctual Berthing PSA 1500 Hrs Tuesday Saturday >F on REGULAR FEEDER SERVICE TO PHUKET/SONGXLA VOY STORE SRI* VOY. STORE MIST RAT WW MM 139/140 SjM M Port 227/221 I M 4 Jul RATAM BHUM 141/142 IM 13 U 229/230 IS U II
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  • Page 25 Advertisements
    • 162 25 Scan Dutch V W£i\ To Europe (Med/UK/NC/Scan) To Red Sea/Mediterranean From Europe HONG KONG From Red Sea/Med. MOTHER VESSEL SINGAPORE FEEDER P. KELANG FEEDER PENANG jcanOutch Concordia 11/7 Woensdrecht 6/8 Scan Dutch Corona 6/9 Also Accepting To: From: L f^° rn yolencia (2) Amsterdam, Antwerp, LeHavre. Bilbao, Basle Gothenburg Malmo,
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  • Page 26 Advertisements
    • 496 26 it PEKANBARU SHIPPING Tel: *****67/9. *****39 IPTEI tro 6 vessels REGULAR SERVICES heeklti DUMAI PEKAN BARU RIAU PORT ETO LINES DUBAI EXPRESS SERVICE TO DUBAI uw imrrur ET A ETD LOADKG FOR S2SSYL-, 1/7 2/7 ««ai MV WORLD IMVf 13/7 15/7 -do— MODERN VESBEL LESS THAN 5 YEARS OLD DIRECT
      496 words
    • 451 26 V cv P.T. KALIMANTAN \P SHIPPING CO. LTD. I*l AN TAFUH ABA*, I 123/125 lAK APIA TEI *****9 ****** 34 37% DIRECT WEEKLY SERVICE TO JAKARTA Daily receiving cargo at Marina Wharf T.A. 5 for direct weekly service to Jakarta/Tg. Priok. VESSEL eta/eto destination MAGA XXXXI VOY 10 29/1 My
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    • 137 26 B. S. C. BANGLADESH NATIONAL LINE SINGAPORE/BANGLADESH SHUTTLE SERVICE HV. BANGLAR ROB S pore for CNttafMg/Chafaa ARABIAN GULF EXPRESS HV. BANGLAR VESSEL 5 July Muscat/Dubai/Mu/Ku- wait/Dmmam CQ s > s TIGER EXPRESS LINE Eiprni Swwt to CMTTMONG t CAIOFTTA Comrwtanjl Veu«b Y> BN ETI S pore (It FUG I. EASTERN
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  • Page 26 Miscellaneous
    • 168 26 fi Regional Weather 4 m s /ivS 2 R i <f H r j*>. sd W £>l m V VI LLI c A cr" Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with
      168 words

  • DRY BULK CARGO HANDLING
    • 1158 27  -  By G. DURAIRAJ MAJOR ports in Malaysia have been fairly responsive to meet the requirements of the trade and changes in shipping technology when especially viewed against the financial and other constraits. Port authorities have rccogniscd the advantage of installation or building spccialisicd faciltics to
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    • 892 27  -  By VONG NYAM MING A GROUP of enterprising young men arc quickly seizing on the new opportunities arising out of Port Kelang's new dry bulk terminal. Three Bumiputeras have joined hands to start up contracting services for dry bulk handling. Their company, Urusan
      892 words
    • 1684 28  -  PERBADANAN NASIONAL SHIPPING LINE PNSL, a wholly-owned subsidiary of Pernas, teas on its own steam started to chart a far-reaching and well-marked course to enable it to supplement the efforts of MISC in making Malaysia an outstanding maritime nation By SOH ENG LIM MORE than
      1,684 words
    • 659 28  -  By G. DURAIRAJ WIIILK il is economic to handle by bulk methods any free flowing material whose pared sizes are r»,000 tonnes or more, certain Ihi Ik cargoes arc not acccptcd for bulk handling, and even when they arc acccptcd such cargoes «re subjected
      659 words
    • 1543 30  -  By G. DURAIRAJ "SI 111 "OWN KKS arc like sheep," «aid the reputed Iking Kong shipping tycoon, Mr C.H Tung, to IInsiHCMN Timex on his recent visit to Malaysia when he whs asked why inspitc of heavy ovcrtonnagc in the shipping market new orders were continuing
      1,543 words
    • 550 30  -  By SOH ENG LIM THK transhipment of cargo. whether dry bulk or whatever, is usually associated with the operation of entrepot ports like Singapore. In Malaysia, Pulau Pinang used to precede and rival Singapore as a centre for entrepot or transhipmrnt but with the riac of Singapore and
      550 words
    • 1239 32  -  By G. DURAIRAJ PORT KELANG now boasts Of one of the most efficient dry bulk cargo handling systems in the region following the installation of a $21 million materials handling system located on 13.2 hectares of land at the northernmost
      1,239 words
    • 1219 33  -  By G. DURAIRAJ PORT development takes priority because of Its importance to the facilitation of both inward "Tind outbound trade. Every port that can receive large ocean-going .[Vessels must have the capacity to handle large volumes of cargo continuously in order to increase the
      1,219 words
    • 453 33  -  By VONG NYAM MING THE dry bulk terminal in Port Kclang is generating great interest in dry bulk operators. An international company is proposing to introduce an innovative bulk handling and bagging system at Port Kclang. The equipment, for which the patent has been applied
      453 words
    • 1066 34  -  PALM KERNEL EXPELLERS By G. DURAIRAJ IN THE planning stage for the dry bulk terminal in 1979, palm kernel expellers was one of the main products taken into account in the economic feasibility study of the terminal. However, plans for the material were shelved
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    • 548 34  -  —By VONG NYAM MING IN (X)NTKAST lo many Malaysian ports which have Ixt'ii delayed due to const ruction failures, I'ort Kelang's various new wharves have been structurally sound from the very start. It has a been combination of pood engineering, contracting and
      548 words
  • Page 27 Advertisements
    • 328 27 The MISC Armada of 45 modern vessels offers a wide range of specialised services with a personal touch. MISC is making waves around the world! Youll find the MISC fleet carrying every type of cargo to over 50 of the world's major ports. The Malaysian International Shipping Corporation is going
      328 words

  • Page 28 Advertisements
    • 112 28 FOR A RELIABLE AND EFFKXNT OPERATION ON: BULK DISCHARGE PACKING TRANSPORTATION WAREHOUSING FERTILIZER MIXING ROCK PHOSPHATE CRUSHING DRYING GODOWN HANDLING RUBBER STOCKING CONTAINER STUFFING FORWARDING AND SHIPPING CONTACT: URUSAN DAGANGAN SDN. BHD. No. 9C, Jalan Depoh, Off Jalan Kem, Port Kelang, Selangor, Malaysia. Telephone: 03-*****8, *****3 and *****2 Telex: UDSB
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  • Page 29 Advertisements
    • 297 29 SPEED MODERN CONVENIENCE AT PORT KELANG'S DRY BULK TERMINAL-THE ONLY ONE OF ITS KIND IN MALAYSIA II i i| > t ii i i il ti•: r- I I I il ■I I f f /i /1. H I m i: i i j > .i r 1 1 I
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  • Page 30 Advertisements
    • 208 30 Best Wishes Lembaga Pelabuhan Kelang on expanding their port services to include Dry Bulk Terminal Facilities FROM UlflH fIK BULK SERUICES SDH. BHD. uiunujnu mumm (m) scnoininn krhm. SPECIALISED IN BULK HANDLING, PACKING AND DISTRIBUTION OF FERTILIZERS. FACILITIES FOR STORAGE AVAILABLE. COMPETENT, EFFICIENT RELIABLE TOTAL SHIPPING SERVICES ARE RENDERED. CABLE
      208 words

  • Page 31 Advertisements
    • 64 31 Best Wishes to Lembaga Pelabuhan Kelang on expanding their port services to include Dry bulk Terminal Facilities. m m EHi mm w Pi Mm vw;>> \i^ jQr f I ■-&>*{*: 7 ~)r ~«'.Ba2'g T r t ',V From: MERC 6 Space Frame NAM FATT MARKETING SDN. BHD. Ml ASSOCIATED STEEL
      64 words

  • Page 32 Advertisements
    • 233 32 r ,o > c :p-~ m /if I w mt. rh kit I I jc*! t f r f- Vi. Mri' 1 < t 4 .-5. f- J. r —rri »#K *> < fc r f k V. V I V a 1 North Port Second Extension Two bulk cargo
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  • Page 33 Advertisements
    • 228 33 >► W* J?* We Specialise to suit your needs in dry and liquid bulk cargo transportation. Our vessels are built to fit your project requirements by incorporating the latest fuel efficient engines and other advanced navigational features. We also want you to gain maximum benefits from our low capital cost
      228 words

  • Page 34 Advertisements
    • 305 34 DS KONE. THE CRANE EXI SERVING MALAYSIA'S MATERIALS HANDL Kone Corporation is one of the world's leading suppliers of materials handling systems. Since the 1950'5, the company has supplied cranes and other materials handling equipment to ports, railway terminals and shipyards around the world. Its range of products include quay-side
      305 words