The Business Times, 2 July 1982
1982-07-02
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The Business Times
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Title Section11 1982-07-02 1 BUSINESS TIMES M.C.(P) No. 93/1/82 FTUDAY, JULY t, ue 60 CENTS11 words
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607 1982-07-02 1 LEE YOKE MENG - By LEE YOKE MENG SOME four to six million dollars worth of insurance premiums may be generated from the proposed construction of the mass rapid transit system. This estimate given by some insurers covers primarily material damage during the construction period.607 words
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688 1982-07-02 1 SOH TIANG KENG - By SOH TIANG KENG QUALITY and not quantity should dictate the style »nH tempo of Singapore's development as a financial centre. And to achieve this, Singapore should take a breather to allow more time to raise the standards of its professional banking688 words
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450 1982-07-02 1 NAJEEB JARHOM - By NAJEEB JARHOM THE restoration of trading on "ready" and "settlement" basis has bad no visible effect so far in activating the Singapore stock market. > While settlement costracts saw significant volume in tbe first few days after tbe immediate delivery rules were450 words
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288 1982-07-02 1 SINGAPORE Airlines will be paying between $4 million and $7 million as compensation and study loans to 191 redundant engineers and trainees who were told in Axril that they faced retrnchmĕnt. Severance pay far those retrenched and those who resigned voluntarily288 words
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BRIEFLY...
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Article88 1982-07-02 1 UPI JAKARTA, Thurs. Rank of Indonesia governor Racfamat Saleh said rumors of a capital outflow from the country are unfounded and the government will maintain its free foreign exchange system. Saleh, in a report to Parliament, dismissed rumors that a depreciating rupiah has triggered a massive outflow ofUPI - 88 words
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Article55 1982-07-02 1 Reuter ROME, Thurs. Italy's five-party government, split by a bitter row over linking wages to inflating appeared in danger of collapse today. Prime Minister Giovanni Spadolini is seeking the help of President Sandro Pertini to hold the coalition together after the Cabinet refused to back his labour policiesReuter - 55 words
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Article76 1982-07-02 1 Reuter MADRID, Thurs. Two busloads of Polish soccer fans left home for the World Cup in Spain but only 12 arrived, the rest seeking asylum on the way. A Polish soccer supporter, Bogdan Warner, was quoted by a newspaper in La Coruna, Northern Spain, as saying theReuter - 76 words
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Article76 1982-07-02 1 Reuter PARIS, Thurs. Palestine liberation Organisation (PLO) leader Yasser Arafat was today quoted as aaying he would stay in Beirut and is preparing Cor the worst i guerilla fighters are West Bei- rut by Israeli forces, implied there is no agreement for his troops to leave withReuter - 76 words
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Article72 1982-07-02 1 AFP JAKARTA, Thurs. Indonesia and Singapore will hold a five-day joint air force exercise to be centred at the Paya Lebar Air Base of Singapore from July 5 to 9, the Indonesian Air Force has announced here. The exercise, code-named "Elang Indopura IT' follows a similar exerciseAFP - 72 words
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Article76 1982-07-02 1 AFP WASHINGTON, Thurs. Boeing has asked the US government to help it retaliate against alleged political pressure and export subsidies used by West Europe to sell its Airbus, the Washington Post said today. West European governments put pressure on their companies to buy national planes and backedAFP - 76 words
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Article63 1982-07-02 1 AFP PARIS, Thurs. Third World debt tripled in the six years to ISBI, to U*****,000 million from $130,000 million in 1995, the Organisation for Economic Cooperation and Development (01X3)) said hone today. Non-oil countries' debt was $437,000 million against $149,000 million previously. Debt servicing was $109,000 millionAFP - 63 words
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232 1982-07-02 1 |M paM the laaat, weaNtaii Is a reeeatty pafcjhtadaarvey af 1» eaaatriae toUaJfe&rSnMaT' As MB Waridwtde Mai Bwaaeratl— rapart, pah■M by Tmn, Perrta, Perater and Crosby (TPFAC), a US r ■Mat eaamttlag Ana, aaaiyaed the Mhwsm la teas salaries af eUet exeeattvea232 words
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450 1982-07-02 1 LOH HUI YIN - By LOH HUI YIN IN A MOVE aimed at helping property developers cushion the effects of a sluggish market, the Government has relaxed the procedure for determining development charges. Developers can now ask for new determination of development charges, using the same set of450 words
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Page 1 Advertisements
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Advertisement226 1982-07-02 1 ii See page 7 b™S GREATER volatility in short-term interest rates is almost certain to result from a Federal Reserve Board decision to improve the central bank's money supply control techniques Page i FITZPATRICK'S has won the tender to sell meat at Changi airport Page 3 THE US's index of226 words
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Advertisement8 1982-07-02 1 BALLY of Switzrriand txv •w- vv Sole Agent8 words
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Advertisement0 1982-07-02 1 '=`"^>..",?.}%?>^*\%[&,)@$^:-(&0 words
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Advertisement76 1982-07-02 1 Minolta copy quoWy. With M A A L '■A Featured: Shoes from 5249 1329 Imagine Leather. vuo shoe* of rare tefmement. Earn cut, each stitch, executed with the i deft touch of experience and dedication. Imagine these shoes with a symbol that immediately registers each as an article exclusively reserved76 words
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BANKING AND FINANCE
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Article418 1982-07-02 2 Reuter SOUTH Korea's cut in prime rate to 10 per cent from 13.5 per cent must inevitably lead to a weakening of the woo against the US dollar, bankers in Seoul say. "The South Korean interest rate is going the opposite way from theReuter - 418 words
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132 1982-07-02 2 Reuter THE CURRENT Australian 12 per cent limit on annual growth in trading (retail) bank lending was removed from the end of the 1961/82 fiscal year on Wednesday, Reserve Bank of Australia governor Harold Knight said in a statement. In a separate statement released later inReuter - 132 words
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Article481 1982-07-02 2 Reuter GREATER volatility in short-term interest rates is almost certain to result from a Federal Reserve Board decision designed to Improve the central bank's money supply control techniques, many economists in New York believe. In a decision on Monday, the board moved to tie bankReuter - 481 words
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227 1982-07-02 2 Reuter PABTB af a new innnwtlau the Swiss National Bank an ■rrnptaauu af fends and application af hanking secrecy, mny eventually beNattsnal hank governing hoard member Markns Lnsser safd an Tuesday that by eaneleflng n new prtvnte agreement with Ike annks, theReuter - 227 words
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Article793 1982-07-02 2 Reuter JAPANESE Finance Minister Michio Watanabe said the government is not considering selling part of its holdings of national bonds to the Bank of Japan. Watanabe was replying to a query referring to reports in financial circles that the ministry plans to sell national bonds held byReuter - 793 words
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Article157 1982-07-02 2 Reuter PERSISTENTLY high US interest rates have delayed Inter-American Development Bank's (IDB) commercial borrowing programme this year, IDB firanrfri manager Henry Costanzo said. Costanzo, in West Berlin for an IDB meeting, said the has raised the equivalent of US$55O million on international markets so far thisReuter - 157 words
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MONEY AND EXCHANGE$
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Article483 1982-07-02 2 TRADING was quiet and featureless on the foreign exchange market yesterday. Dealers said this wis because many banks were not back in the market after the half-yearly closing. There was irregular trading without any clear trends throughout the day. The US dollar opened firm against major currencies but483 words
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Article154 1982-07-02 2 THE dollar for overnight delivery yesterday closed easier at 86J5 yea from the 357J0 opening, after central bank intervention. This was still above the 256.45/0 overnight finish in New York, and higher than the 255.55 dose in Tokyo on Wednesday. Trading volume was a moderate UStLB billon. The dollar154 words
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Article177 1982-07-02 2 ASIAN RATES ASIAN currency deposit Interbank rates as at close on July 1: U8 D*Oan<0M<) Offer mi 7 4*71 15 7/18 15 5/16 1 month 15* 15* 2 months 1515/18 15 15/16 Smooths 181/18 1515/16 Smooth* 165/16 16 3/16 9 month* It* M 12 moothi 1M 16 Ok win. fiiuju177 words
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Article260 1982-07-02 2 GOLD futures in Singapore yesterday closed slightly lower than overnight levels after fluctuating within a narrow margin in moderate turnover, dealers said. Total sales for the day, including kerb volume of 111 lots, was recorded at 392 lots, they said. July closed slightly weaker at U*****.40/315.40 an ounce against260 words
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Article31 1982-07-02 2 New York 5.99B 5.78B 6. OSS S.8BS Zurich 6.03B 5.35B <_13S 5.CS Singapore 5.92B 5.75B 6.02S 5JSS Closing pric win US dollars atroy oubo e. Source: Credit Suisse, S'pore31 words
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Article22 1982-07-02 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.06 per cent.22 words
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Article69 1982-07-02 2 THE dollar yesterday opened firmer in thin trading, following Wednesday's move by the Federal Reserve to drain reserves from the banking system. Opening quotes yesterday were: US -1.7298/7308 Can 2.2330/40 Cross —1.2912/22 D Mk 4.2675/725 D F1 4.7125/200 S Fr 3.6450/560 B FY Con 81.29/40 F Fr -11.8350/500 Lit69 words
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Article44 1982-07-02 2 RANGE of prices offer «d by discount homes on July 1: Overnight: 4% Call deports: 4% Closing I 3-month Mh H Treasury bills 4 3-month Bank bills 9* 9Vi 3 months CD 93/16 91/19 6 months CD 9* 8Vt Source: National Discount Co44 words
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279 1982-07-02 2 Reuter KENSUKE Hotta, general manager of Sumitomo Bank Ltd's financing and securities department, said the Bank of Japan should discontinue its policy of guiding short-term interest rates upwards to defend the weakening yen. Hotta said the policy, adopted last March to narrow interest rate differentialsReuter - 279 words
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206 1982-07-02 2 THE JAPANESE finance ministry has no plans at present to take special measures to support the ailing bond market, ministry officials said. They were commenting on a report in the Nihoa Keizai Shim bun financial daily that the ministry plans to buy206 words
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Article67 1982-07-02 2 Reuter THE Bangkok Bank said it had been given permission by the Indonesian government and the Bank of Thailand to set up a joint-ven-ture leasing company operating in Indonesia as from next month. The company, called PT BBL Leasing Indonesia, has a registered capital of 1.80Reuter - 67 words
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Page 2 Advertisements
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Advertisement127 1982-07-02 2 ■npa* nil i r A <MK" r yr Where West Meets East That's where you'll find Union Pacific with teams of mtermodal experts at more maior West Coast ports than any other railroad. As the first US railroad to open an office in the Far East, we have a lot127 words
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TRADE AND INDUSTRY
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468 1982-07-02 3 BUSINESSMEN who are keen to trade with West Africa will have another opportunity to learn more about the region this month. The first was an informal briefing at the Department of Trade yesterday. This will be followed by a seminar on July 12,468 words
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Article1039 1982-07-02 3 SEMINARS AND COURSES June 1-July 22 (Tuesdays, Thursdays and Saturdays): Certificate in Performance Appraisal, Cuppage Centre, NPB June 1-July 31 (Tuesdays and Thursdays): Certificate in Performance Appraisal, Ngee Ann Polytechnic, NPB June 1-Aug 19 (Tuesdays and Thursdays): Certificate in Performance Appraisal, Ngee Ann Polytechnic, NPB June 2-July 101,039 words
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369 1982-07-02 3 COMPUTER Systems Advisers Group will make a major investment in systems integration the process of building a computer system by selecting equipment from a range of manufacturers. The computer firm believed systems integration is an "important and necessary development" requiring the "full369 words
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270 1982-07-02 3 SINGAPORE managers must change their management style as the economy becomes more sophisticated and the workforce gets better educated and trained. They also need to adapt and cope with rapid changes in the country's social, economic and political developments that are bound to occur,270 words
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332 1982-07-02 3 ACCOUNTING firm Ernst and Whinney has opened its first branch office outside the Central Business District. The firm has leased about 930 sq metres of floor space in Magnet House, Bukit Timah, from the General Electric Company. It began operating from the new332 words
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347 1982-07-02 3 A committee chaired by Health Minister Howe Yoon Chong will consider changing entrenched practices and attitudes towards retirement of employees over GO years old. The 12-member committee will take about nine to 12 months -studying the problems and consequences of the increasing numbers347 words
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483 1982-07-02 3 SALMA KHALIK - By SALMA KHALIK FITZPATRICK'S has won the tender to sell meat at Changi Airport. The tender is conditional on Fitzpatrick's getting approval for the sale of meat from the Singapore authorities and for the import of meat from the airport store from foreign authorities.483 words
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Article, Illustration412 1982-07-02 3 THE ACE Pressureweld group of companies, traditionally in the oil and gas business, has entered the construction industry. Its subsidiary, Ace Equipment Pte Ltd, has extended its exclusive franchise agreement to market Worthington concrete pump 6. Worthington pumps are manufactured in 24 countries. The concrete pumps, batching plants412 words
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Page 3 Advertisements
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Advertisement95 1982-07-02 3 BELLISSIMO The ultimate in comfort m Bellissimo Lounge is a new addition to the Diethelm Swiss Line 2000 Collectioa Based on latest upholstery techniques, it features! unique flexible armrests and is available in luxurious fabric upholstery or aniline dyed leather. The Bellissimo range incorporates armchairs, two, three or four seater95 words
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OVERSEAS
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534 1982-07-02 4 Reuter THE British government's efforts to contain its budget deficit, a key to lower interest rates and future economic growth, have not been upGet by the costs of the Falkiands war. "There is no reason to believe government borrowing has departed from itsReuter - 534 words
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250 1982-07-02 4 A HIGH-LEVEL meeting of 11 Latin American countries in Montevideo, Uruguay, found ways to counter the effects of economic sanctions against Argentina during the Falklands War, according to senior Argentine officials. The two-day meeting of i the Association for Latin j American Integration (Aladi)250 words
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678 1982-07-02 4 NYT THE US government's index of leading economic indicators, designed to predict recoveries and recessions, rose 0.3 per cent in May, the third monthly rise in a row and another sign that the recession is over. The Commerce Department's report followsNYT - 678 words
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256 1982-07-02 4 UPI AFTER the first normal train and subway service in Britain for nine days, British Rail (BR) appealed directly to rank-and-file union members to stop another national rail strike set for midnight on Saturday. "I need your help to save the railway," saidUPI - 256 words
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364 1982-07-02 4 Reuter THE UK government said it has taken the first step 6 to enable it to prohibit UK firms from complying with the US embargo on supplies for the Siberian gas pipeline project. The Trade Department on Wednesday said Trade Secretary Arthur CockfieldReuter - 364 words
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367 1982-07-02 4 Reuter EUROPEAN Economic Community governments have agreed to a new set of export credit rules, pushing up interest rates on government-backed loans which Western nations give to poorer countries. The 10 common market states oft Wednesday also bowed to US pressure forReuter - 367 words
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WORLD IN BRIEF
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Article424 1982-07-02 4 BANK of Japan has reiterated that a further sharp depreciation of the yen must be prevented and that strong measures will be taken if necessary to prevent it. Bank governor Haruo Maekawa told the budget committee of the upper house of parliament on Tuesday the bank will take424 words
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251 1982-07-02 4 Reuter NYT PRESIDENT Beyii has ■II a II per cnt h—i tax eat wUeh toeh efleet yesterday will lead to brighter days ahead tor the US eaeaemy. "Jaly 1, marki brighter days fer everysae whs werhs, saves sad mahes ear eensay grew," the presidentReuter; NYT - 251 words
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Article166 1982-07-02 4 UPI FRENCH Foreign Trade Minister Michel Jobert has stepped up the European attack on President Reagan's economic policy, saying nations must not take advantage of trading partners who are experiencing economic setbacks. "We are discovering that the United States has always been an immense protectionist country,"UPI - 166 words
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319 1982-07-02 4 THE West German government reached a compromise agreement on its ISB3 budget early yesterday, papering over the cracks in its precarious coalition but leaving open the question of its longterm survival. The Junior partners in the coalition, the Liberal Free Democrats (FDP), had319 words
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Article289 1982-07-02 4 Reuter OFFICIAL development aid to the world's poorest nations from major noncommunist industrialised countries fell by a provisional US$l billion in 1981 to $25.4 billion. Rutherford Poats, chairman of the Paris-based Organisation for Economic Cooperation and Development (OECD)'s Development Assistance Committee (DAC), yesterday said the 4Reuter - 289 words
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Article774 1982-07-02 4 ARRIVALS Service Local Operator Number Tine From PAA PA005 0025 JFK/SFO/HKG SLA SQ43 0800 DHA SLA SQ101 0805 KUL TMA TL341 0630 BEY/DXB MAS MH671 0920 KUL MAS MH680 0955 KCH RRA Bid 1000 BWN MAS MH651 1030 KUL S1A SQ201 1030 HLP CPA CX710 1035 HLP774 words
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416 1982-07-02 5 Reuter WESTERN banks have invited Bank Handlowy, the Polish foreign trade bank, to Vienna next week (or discussions on Polish debt payments due in 1982. Ranking officials in Vienna on Wednesday said the talks will be the first formal contact between Western banksReuter - 416 words
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291 1982-07-02 5 AP CHINA'S Communist Party marked its 61st anniversary yesterday with warnings to tighten discipline and resist "corruption by capitalist ideas". A commentary in the Beijing Daily on Wednesday told the party's 39 million members they have to put the party's interests first,AP - 291 words
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210 1982-07-02 5 UPI IRAQ yesterday urged the UN or other groups to put a peacekeeping force on its border with Iran to monitor a ceasefire in the 21-month-old Persian Gulf War. Arab radio reports quoted an Iraqi Foreign Ministry statement as saying Baghdad would acceptUPI - 210 words
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492 1982-07-02 5 AP PRESIDENT Reagan has said there would be no change in US foreign policy because of the resignation of secretary of state Alexander Haig, a resignation whose circumstances he declined to discuss. Reagan tokl his televised news conference the nation was "fortunate" thatAP - 492 words
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349 1982-07-02 5 AFP HONGKONG will he Mr nant enough to hapcatt FVench coaaac iusuu a* Fraace does aattfft ita unilaterally hnpeawi rsstrtrtkns on quartr watches. pSSat^S the twa. aftsapa hi of cognacHo Hsstouqum worth Mtmi rntmaa (VStfUm adMsu). Mft thaa twice as much as dwAFP - 349 words
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159 1982-07-02 5 UPI A SUBSIDIARY of Japan's Hitachi Ltd in Sacramento, California, has agreed to pay U*****,000 to settle a racial discrimination complaint that its television assembly plant favoured Asian Job applicants. The negotiated agreement, reached last week, was confirmed by Carol Schiller, deputy director of theUPI - 159 words
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331 1982-07-02 5 UPI Reuter A US Federal grand Jury has indicted the Hitachi Co of Japan and 17 persons on charges of stealing American electronic technology from IBM. The grand Jury returned two indictments, both charging the transportation of stolen property. Five employees ofUPI; Reuter - 331 words
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278 1982-07-02 5 AFP AP ALL passengers held hostage since Wednesday morning aboard a hijacked Alitalia Jumbo Jet at Bangkok airport have been freed by their Sri I -»nir»n captor. Altogether 139 hostages 131 passengers and eight stewardesses were released but it was not immediately clear yesterdayAFP; AP - 278 words
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563 1982-07-02 5 Reuter NYT THE Palestinian leadership has agreed to leave Beirut, but said the mechanics of evacuating an estimated 8,000 guerillas were still being worked out yesterday. Former Lebanese premier Saeb Salam indicated the situation was improving, asserting that the Palestinian stance has averted theReuter; NYT - 563 words
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552 1982-07-02 5 NYT PRESIDENT Reagan said the United States had given no approval to Israel to attack West Beirut, but he endorsed the Israeli demand that all the armed forces of the Palestine Liberation Organisation in the city be withdrawn from Lebanon.NYT - 552 words
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Page 4 Advertisements
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Advertisement49 1982-07-02 4 SPECIAL OFFER !!!!fl THE POOL FAB Folly Automatic Pool 10.2 m x 4.5 m Built-in breakfast bar Automatic Chlorination •Automatic Cleaning AH yours for *S$ 58,000 including $8,000 worth of Automatic Equipment FREE For the first 10 pools only. mmu International POOL FABRICATIONS (S) PTE LTD TEL: *****13 *****8849 words
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Advertisement0 1982-07-02 4 ({,</:&|(*>)!&%~{?@+$\}<>\~}\?&0 words
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Advertisement35 1982-07-02 4 Another HTimes Bookshop We are now at TANGS Superstore BEIJING t \N»< BEIJING $85.00 TREASURES OF CHINA $35.00 Specially brought to you the splendour and majesty of Chinese culture and architecture captured in full colour.35 words
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Page 5 Advertisements
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Advertisement169 1982-07-02 5 Q WHAT IS PAR-T-GOLF A" Par-T-Gotf is an incredible golf machine which uses the latest technology of sensors and micro-chips to present an indoor golf course. It is NOT just an indoor driving range. Normal golfing equipment is required to play through a course with hazards like out of bounds,169 words
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Advertisement68 1982-07-02 5 £25 !i ■■■j i E ft X..\..■■----:■•■> i ■■--aMady^Afciei ir j i k M i* it 17 Fa* i a#§ i 11$ :>xv k3K n.^S -7. i m T Jk 3 x\\\ N Sk. X. X -31 Vs\ IS P w m 'H >: r m m? N At the68 words
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Article384 1982-07-02 6 SWITZERLAND looks as if it was invented by a public relations in the Christmas card business.But below the snow there is solid rock and beneath the cuckoo clocks sit solid bankers who look after a high proportion of the world's wealth. Almost all of those bankers384 words
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291 1982-07-02 6 A DULL RECOVERY for the US economy is in sight. For months economists have been saying that the recession is bottoming out, that the worst is over and that recovery is around the corner. Yesterday the Commerce Department announced that the government's index291 words
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Article, Illustration1636 1982-07-02 6 RICHARD JOHNS - As Middle East countries consume more and more of their homeproduced oil, they are looking increasingly to nuclear energy a form of technology condemned not long ago by Ayatollah Khomeiny as 'satanic'to hplp meet their domestic energy needs By RICHARD JOHNS FT ALL revolutions tend toFT - 1,636 words
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Article543 1982-07-02 6 K McDONALD - K McDONALD YOUR editorial of June 30 (Case for keeping quiet when in a dilemma) is not only factually inaccurate but irrfponrihlf in its Judgments. The TTusinrsi Times appears to have been carried away by its own rhetoric on the issue. The SQ6 said in its press statement of543 words
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Page 6 Miscellaneous
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Miscellaneous496 1982-07-02 6 CRYPTIC PUZZLE ACBOSB 1 Darkens more than one dark place (6) 7 Remove that Chinese food! (4.4) 8 Bachelor's key to some low place (4) 10 Minor adjustment to the lights (8) 11 Stiffening (or charts, possibly 14 Not a real dog? (3) 14 River on trial for business purposes496 words
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Miscellaneous673 1982-07-02 6 TV& Superstars and 'crazy men' of soccer SINGAPORE 5 hri-r^ WtrU Cup Bme--11.11 pat ea ahuwl i. T* whet ueeer Imi' Ike Ornate ef the Jast bclire the t at MJlph. the ■ea rf —titer" Mi the pnfilfls 9t phqwn^saeh'ss aa)f Oeergle Chlaaglla (New Yerk Cmmi), larteai a grewPart twe673 words
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Article, Illustration1924 1982-07-02 7 LEE YOKE MENG - Spectacular loss events have repeatedly drawn attention to the hazards that accompany the construction of underground railways such as that which Singapore plans to build. But what constantly reminds insurers of the risks associated with the construction of such railways is the large number1,924 words
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Article295 1982-07-02 7 IT MAY SOUND a Mt like a rive aai aakaewa ft prejeet as the Mm Rapid Trearft (MKT) ■yti i Bat trath to, toatin eaa eeear. Uafertaaate elreaat«ham eaa always eeate aheat Tea eaa sever tell, fer laetaaee, what yea bmjt he Ml by a reek treat295 words
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Article1078 1982-07-02 7 YOKO SHIBATA - YOKO SHIBATA explains how Japanese consumer finance companies have been forced to change their ways after the arrival of competition from overseas. YOKO SHIBATA FT SWEEPING changes in Japanese retail sales financing have been taking place outside traditional Hanking channels, against the background of lawsFT - 1,078 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article125 1982-07-02 8 jbib a m CO KB BILLS Alr-Uqukte m» +1J B 8 N Oumf m *1 Cat)- 1M -ft CI* nun «m Nrmi uiw -u OUMtk* Crtdn ronciw D* Twaacm si ouch HaetMtU m ihtlllBll Ml SUM +9M Mfcbattn (B) (U -11 PilttM PaehkMy Clgia* ITuhlnunn PWfMt U3J0 -12 Philips125 words
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Article117 1982-07-02 8 *3»"* Mwliw Si. I m «neb Brawn Bonn Br. -J Ota (Mo Br. I2U Clta CMgy f C MM unch Ota OMn mm. m -1 Cndtt BatatBr MM onch CrxUt But— tat SU ft Ow«i Ftatar Br 415 -M O lotai ft Ml n» Mrtw Pi! imtmm NmO* Dm.117 words
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Article73 1982-07-02 8 JUMS M 9M »jm s not *it AIM Van MAa* S3SLLT- sr BMW lMuH «U IM +1J mm tu DNM| Dmticht Bui mm ♦> lMuM +1J mjo 4-1 11 li i iifumC 197 JO IBM 1MJ0 +1J BM +1J mm MB anch IVH 7U MUi iu -i.i. UM «u73 words
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Article43 1982-07-02 8 JUKI m FOB WAV) 11 [A El UT Acac MM uia ai rm MM -It tl -10 -a -1 ♦t In-Uat SSPLz MU 1<2 in SSUsr MB 1 +M uncb Ob-Inno-Ba M na -S +M llahat Hi PMro Rjl Dutch S -M43 words
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Article122 1982-07-02 8 JUKI M ABM AboM Ate AMBV Amtu Amrabak 53m su MM mm mm mm mso MM -OlS +U +0J L0 ancb -Oil MB MJO uncb VIM •1 +02 -0.1 Cataa Drift Dall M]| Knnla MM ancb MM -IM 1MM +1 44.10 TIM il -OS MM 34.40 14M 0J -OS122 words
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Article98 1982-07-02 8 JUKI i m 0 Ur* M +4 Bel Cantr Good Ezida ■te Ort Acqua Roma n u MM Z in MM MB +n -Mi rial < rM -a OtM IBM OtB Z MM M in pi MM M InvM IUJea t MM M1M ♦M ♦Mi Iteln m 14 usss98 words
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Article103 1982-07-02 8 juki a o AMUM IT* 74 ■Mk Not Scotia Ball T«l Bath ft»f mm IT* unci) BP Cmn Ltd U -M Uwjca iS% IS* II Canpac la* Ft CafttOK OTtoafe HI unch "»i»" Oeas Bath mm Uft -ft MM UK •ft -ft M 4lft U -ft m *m 78103 words
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Article216 1982-07-02 8 JUNE Hand INDUSTRIALS A Alph. «n AX And CI Atnc WirtoM a?-" Currt* rtatnct Di Bm Ind a i« «TS lfl m m ■4 H> > -U RSSto... FM Vou ram OMnanl OrmUmn 4M m m m m m 131 «H I -s# unch B +10 unch Hippo HM216 words
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Page 8 Advertisements
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Advertisement194 1982-07-02 8 Where to wine, dine and entertain i-JI wtth the American Express Card \MMumsf Our buffet dinner special for those who love the perennial local favourites. Buffet from 6.30 pm 10.30 pm Satay Chicken Rice Mee Sam Xiabing Niangdoufu Singapore Rojak pRET-A- pORTER 1982 The creations of nine of Singapore's leading194 words
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Advertisement118 1982-07-02 8 For sushi. For teppanyaki. For other authentically Japanese delights. J. i f < n restraint >t is < til; •>/ V)/ Ji,® 4-i il 111-\ I irkSl u tj il< hi •Si i ii;; i| m»n NUTMEGS offers JAZZ BRUNCH on Sundays 10.30 a.m.-3 p.m. $21 per person Please coll118 words
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Advertisement105 1982-07-02 8 5-. a 1S& Sf-. aw* ass R'-Sfr. r/uti. ;?.«w L'escargot Restaurant extraordinaire. (Our menu is a gourmeTs ddighO 066RCH IMPERIAL SINGAPORE I JALAN RUMBA SINGAPORE 09?3 TELEPHONE NO /i7lbfab Owning Company Hrnd Hotels International Ltd Doubles up... and have another! It's time you get double the enjoyment At the QE3,105 words
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Advertisement94 1982-07-02 8 When you dine, dine Cantonese. If pleasing your palate is achieved only by eating the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage is set for an evening to remember.94 words
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Advertisement56 1982-07-02 8 M r T>>» spore's mcs: 4 ts tXrfVS to T1 a CidfHHmi Bpnang Ro*J Spore 0923 Tc< *****11 garaeri restaurant Try our sumptuous delicacies from the Hunan Province. Renovated additional new car park now ready for use 214 Dunearn Road. Singapore 1129 Tel: *****49,*****22 n s i !*f m Very56 words
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RAW MATERIALS
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Article164 1982-07-02 9 YARN and cotton prices were quoted as follows in Hongkong for June 30. (In HK dollars, spot ex-go-down) (Mm yarn: China Blue Phoenix 20b 2,330; 32s 2,900, 40s 3,105 (per bale of 400 lbs). Ptm pifc: China Butterfly and Globe brand unq. Pakistan raw esttoa: LSS 5», 4F 5.86;164 words
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Article302 1982-07-02 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.10, 100 per cent second class 0.90. 100 per cent third class 0.82, 25 per cent new crop no stock, B-10 per cent 0.81. THAI BROKEN: A-super 0.65, Special 0.58.302 words
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Article174 1982-07-02 9 CHINESE Predate Kxeftaage, Stagapsre, mm rlwtag prteee per M kg yesterday. Cse—< «II: Bulk fob $100.60 sellers, old drum (in second hand drum) fob 1112.00 sellers, new drum fob 1116.00 sellers. Cspta: Mixed (loow) 155.00 buyers. Pepper: Muntok white pepper fob Asta NLW $340.00 sellers, Sarawak white pepper174 words
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Article116 1982-07-02 9 The Kuala Lumpur crude palm oil market yesterday weakened further on short-selling in active trading, dealers said. In July south and central fell Ms3o and $22.50 respectively to $755 a tonne and north $27.50 to $762.50, they said.. In August south lost $35 to $745 and north 25116 words
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1312 1982-07-02 9 NEW YORK STOCKS STOCK prices in New York on Wednesday closed mixed in very heavy volume as interest rate worries overshadowed early enthusiasm over the 0.3 per cent rise in the May leading economic indicators. The Dow Jones industrial average rose almost six points1,312 words
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Article83 1982-07-02 9 THE STRAITS TIN price In Peaaag yesterday held aaefcaaged at the IT A fleer ef M 529.15 a kUe, for the thirteenth ceasecatlve tradlag day. Taraever rese te liS teaaes frem 69 teaaes ea Wednesday aad ae ratteaiag was detected. Reperts the lateraatieaal Tia Ceaacil has agreed ea83 words
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Article32 1982-07-02 9 i'ubber: July 1 Singapore: July: 183.75 cents (up 0.75 cent) Malaysia: July: 202.00 cents (down 0.50 cent) Tin: M 529.15 per kilo (unchanged) Official offering: 105 tonnes (up 55 tonnes)32 words
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Article205 1982-07-02 9 WHEAT futures in Chicago on Wednesday closed on a steady tone, down IV4 to 2 V* US-cents a bushel, with July posting a 5Vi-cent range. Wheat futures remained relatively firm all day compared to weak tones in the corn and soybean markets, with a steady cash basis underpinning futures,205 words
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Article226 1982-07-02 9 SOYBEAN futures in Chicago on Wednesday closed on or near the lows, down BV4 to 11V4 US-cents a bushel with November posting a 9''2-cent range. July, August and September set new contract lows, with November closing one cent above the contract lows. The penetration of technical support points added226 words
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Article232 1982-07-02 9 RUBBER prices in Singapore yesterday closed slightly firmer with July One RSS buyers quoted at 183.75 cents a kilo, up 0.15 cents from Wednesday's closa The morning market gained 0.75 cents on higher overnight London advices. Prices held unchanged around lunch time levels in quiet afternoon trading. In Kanla232 words
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Article320 1982-07-02 9 RA8 prices In cents per kilo yesterday: Noon (per kilo) Buyer* Sellers Int. 1 R-S.S prompt f o b. 182.00 183.00N tat. 1 R.S.S. July 183.75 184.25 tat. 1 R.S.S August 185.00 185.50 tat. 2 RS-S 174.75 178.75N UK/OaM 173.75 175.75N tat. 3 R.S.S. 1(5.25 1S7.25N UK/Coot 164.25320 words
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Article117 1982-07-02 9 noon an R and SMR prim yaal Mrday: RAS M f SSR20 SSR50 U too pallet) (I ton pellet l (Carml Bayera f 162 00 ***** I Nik)' 163 00N *****N (Forward MUI Bayera Seller. ***** 164.OON ***** 161. SON MRELB SMRCV SMRL SMR 5 SMR CP117 words
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Article1062 1982-07-02 9 COFFEE: Robusta futures were easier at midday between £8 and £12 a t we below Wednesday's close in traded positions. Dealers said prices traded narrowly after an opening sell-off, due partly to a report that frost is unlikely to occur in Brazil's growing areas over the next few1,062 words
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Page 9 Advertisements
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Advertisement46 1982-07-02 9 National Westminster Bank PLC NOTICE OF REMOVAL This is to advise with effect from Monday, sth July, 1982, we will be relocated at: STH FLOOR, RAFFLES TOWER, 50, RAFFLES PLACE, SINGAPORE 0104. Telephone Nos: *****44 General Office Telex No: *****77 I *****98 > L>ea,ers RS ***** NATWEST46 words
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Advertisement294 1982-07-02 9 MARTIN GARDNER Mathematical Circus 4 MATHEMATICAL CIRCUS Martin Gardner Breathe deep! It is you who will perform the feats in Mathematical Circus, with puzzles, paradoxes, games and entertainments to suit all levels of mathematical mastery. Discover the key to the Floating Hot Dog, solve thief Business Lunch Logic Puzzle, and294 words
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941 1982-07-02 10 BID and offer price* officially listed and hnrtni— ia and reported to the Stock C Singapore yesterday, with the oumber of shares traded ■town la brackets ia lots of U» units, unless otherwise specified. SECTION ONI INDUSTRIAL COMMERCIAL Aemm (3.148 3408) (2)941 words
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Article158 1982-07-02 10 ■JMNBromww The Commerce The Savtagi Fund LSI LM S'pore P«* Fmd LM 1J9 S pore Sac. Fund 1JI LM S-pore Invent Fund L« I B S"pore Equity Fund 1U LS DIAMOND MOT BTOU (Mmgiit' prteoo fcr JHy DUmoad S'poreFd (US|) |jj |J7 Ul (JMrXuoajr; "OWJWND UNfT (ftill Fhw)158 words
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Article2703 1982-07-02 10 IMS Hi|k Low Cmhv Last Sale +orGr*s Div Div CVr Gr*s Net YTd P/E Vol Day (*000) High Low SECTION ON* INDUSTRIAL ft COMMERCIAL 390 233 308 sao 141 291 480 328 247 Acma Alcorn 172 Allied Choc 248 BAT 320 Bata 93*4 Ben Berjaya Kawat 1842,703 words
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Article1235 1982-07-02 10 IBID and offer prices officially listed and Niriwi in and reported to the Kuala Fj«««p«w Stock Exchange yesterday, wtth the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. DOiumuu AM (IMB IMS) (4) 154 (2) 3.52 (J) 1« (2) 1441,235 words
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Article72 1982-07-02 10 UNITED Engineers IMM: BGM to be held nt Uniteers Building, River Valley Road, .Singapore 0823 oa July t at noon. TDM Bar had: Seventeenth AGM to he heU at the Ompaha Room, Hold Equatorial, Jalan Saltan IanaO, Kuala liimpur on July If at 11 am. MALAY A Tin72 words
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Article630 1982-07-02 10 BCW iIAAi treafc keard at io Meek ggg <* m nv rf y» to ohow B «owil/ better fialok. Prleoo, however, <InH ehghttj off tkelr "fto'sMM T MaeCJH 1 JMIVMJ, eZSmZ I.Wpotat set mTmu» Tke Mala eeotplalat hoari Mk la kroUag flnao aai oa Km630 words
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Article466 1982-07-02 10 SOME late interest took share* selectively higher on the Kuala Lumpur stock market yesterday. Volumes traded improved slightly. Shares opened at around overnight levels but trading turned erratic thereafter in the absence of any positive leads. Analysts felt investors were generally holding back to await fresh466 words
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COMPANY NEWS
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531 1982-07-02 11 MALAYAWATA Steel Bhd hai forecast a group pre-tax profit (before extraordinary items) of about M 55.4 million for the year ending March 31,1983. The profit forecast is contained in Malayawata's rights issue document to shareholders. The group had earlier proposed a one-for-two bonus and rights531 words
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Article294 1982-07-02 11 THE acquisition of three property companies by Associated Plastics Industries Bhd last year has helped to boost the company's earnings although not to the extent that was forec&t. For the year ended Dec 31, 1981, APl's group pretax profits rose sharply to M 55.20 million from294 words
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425 1982-07-02 11 PAN Malaysia Cement Works (PMCW), a company within the MUI group, has turned in a commendable performance last year in contrast to the general gloom seen in many other companies. Preliminary figures of the group (incorporating results of associated companies) for the year425 words
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Article247 1982-07-02 11 THE Mslaystoa ijintliM «tkelMMOwmalHk grsap to mtmm last year with Cfcaag Khtaw Buk aii Lee Wah Buk esat to after-tax pnflto. Chug Khtaw, the larger •f tke twe bih taliiii pre-tax prsftts sf MS2SJ milllsa treat Its iHMflti ■crew the Cii>ew>y, compared with fll.f laßltoa Lee247 words
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Article418 1982-07-02 11 Reuter THE AUSTRALIAN government's Trade Practices Commission report on the stockbroking industry has recommended ending both fixed brokerage fees and the restrictions on stock exchange membership. The recommendations are against submissions made by the Australian Associated Stock Exchanges which wanted to retain the system of aReuter - 418 words
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ASIAN ROCKS
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Article304 1982-07-02 11 SHARE prices yesterday fell across the board in what brokers described as a reaction to the window dressing trading at the end of the financial year on Wednesday. All major indices fell with the Ordinaries marked down 3.1 point* to 470. Among heavyweight miners, BHP lost304 words
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Article92 1982-07-02 11 SHARE prices yesterday lost ground with sentiment dampened by reports a US federal grand Jury decided to indict Hitachi Ltd. -^-LfcpJS KSS cjhjaB jjj *2 555 HI HT* itani» li%~Z nte IK m Nip be gar a v Ml» M Ml =s a glum i— i92 words
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Article37 1982-07-02 11 JULY« I U Mt ,ts «Mh n 1 1. 1 flfclBi M Mdl IS iU J -J mm mm JHt nek SUM 41 Ui Mb j 1 JO 4« mrn M «Mh <L -ft. T inl37 words
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Article, Illustration1095 1982-07-02 11 CHRIS LIM - Market Talk... By CHRIS LIM THE marine industry, including shipbuilding, repairing and offshore services and supplies, is expected to perform well in the medium term. London stockbrokers, Simoa A Castes, said the current year is not expected to be quite m good as the1,095 words
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Page 11 Advertisements
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Advertisement57 1982-07-02 11 (JUNE AUTOMATIC ICE CUBES MAKERS i Made ri USA. Model WCM 48 $1,380/- nett Model TWCM 45 $1,450/- nett Model WCM 45 $1,340/- nett Fmturm:- Needs no drsir\ Easy to install anywhere (Offices, conference rooms. Kitchens. Personal Mr counters Etc.) Low energy consumption Available in free standing and portable models.57 words
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Advertisement176 1982-07-02 11 Here's Real Value lor your Money! Btqra copy of Penguin's "The Art of Japanese Management'' and get j this months I Wnld Executive's I Digest absolutely the ent o m The Art of Japanese Management has been a tremendous success in America and Britain, and the fresh and thought-provoking theories176 words
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Chief Price Changes
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Article145 1982-07-02 12 Rises Indices FAN Pull Proad Nat 1mm Guthrie A P I M T C 8 Finance Son View Cold 8tor«|« City De* Magnum Corpa 586 330 312 610 m 183 480 418 408 318 233 314 15 14 14 10 10 +9 +8 +8 +8 +8 7 +8 BT145 words
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Article, Illustration147 1982-07-02 12 Rises Indices C Sugars Seaeorp Premium Kemayan Esso Ord Promet Pan Elec Timuran API Bolton 1200 700 234 220 680 336 362 570 214 230 50 +25 19 15 15 10 10 10 +9 +8 JuneSO BT Index: *****7 Industrials: 852.20 Finance: 1492.24 Hotels: 607.67 Properties: 793.61 Tins:147 words
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Article53 1982-07-02 12 FINANCIAL TIMES Thursday closed INDUSTRIALS Wednesday 1278.56 Uf M Week Ago 1279.62 Tuesday 552.0 AUSTRALIAN Week Ago 555 9 INDUSTRIALS DOW JONES AVERAGE Thursday 628 1 INDUSTRIALS Wednesday 630.7 Wednesday 911.93 Tuesday »12 5>1 Week Ago 629.0 ALL ORDINARIES Week Ago 813.17 Thursday 470.0 H.K.HANG SENG Wednesday 473.153 words
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Article101 1982-07-02 12 AP NEW YORK, Wed. The stock market declined slightly this morning as traders kept a wary eye on interest rates. The Dow Jones average of 30 industrials slipped 0.95 points to 810.98 in the first half hour. Losers took a 4-to-3 lead over gainers. Interest rates inAP - 101 words
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Article446 1982-07-02 12 CHOO AI LENG - mmm Companies Editor: Mano Sabnani By CHOO AI LENG ASIA Commercial Bank, lately the subject of much talk in banking circles, has finally released its 1981 annual results exactly six months after the close of its financial year on Dec 31,1981. In line with446 words
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404 1982-07-02 12 THE independent directors of Veneer Products Ltd have indicated they will vote in favour of the company's proposed acquisitions of Material Trading Pte Ltd and property units at Merlin Plaza. Two interested directors, Mr Liew Choon Kee and Mr Danny Liew Heap Hwa,404 words
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Article479 1982-07-02 12 United Pulp Paper UNITED Pulp A Paper Company Ltd (UPP) is hiving off its paper manufacturing operations to its whollyownid subsidiary, Paper Products (M) Pte Ltd. It will cease manufacturing activities and remain a holding company for the group. UPP is the Singapore listed subsidiary of Paper Products (Malaya) Bhd,479 words
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Article731 1982-07-02 12 LONDON, Wed. Equities were generally easier but government bonds ended slightly higher today, dealers said. At 3pm, the Financial Times index was down 6.8 points at 547.5. Some dealers noted more institutional interest than of iate but others said trading remained slow with the prospect of further disruption731 words
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Article118 1982-07-02 12 J BALLAB Ce, Me the Mh| B»m, to expaadlag Its eafMal base aid has aew partaer, f falKJriaj»"* A dlreeter frem the ffl yesterday eeaflna®d Aat It has reedved approval tnm the Steek Rxehaape el BMgifin te deahie Jt» paM-ap capital te fit118 words
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Article103 1982-07-02 12 THE tMfc 9t reviving the ailing Ualtod fitoin» map has keen gtvea aaether M ia «fee am with the aaaeiatneat ef Uatted MnstrUl Cerparattaa's maaaglag «rector, Oei Hug Leaag, as Its ezeeailve director. la aa aaaeaaeeaaeat yeatortay, UE saM Mr Oei haa heea iwilrttl exeeative103 words
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Article, Illustration382 1982-07-02 12 NAJEEB JARHOM - By NAJEEB JARHOM THE mood on the trading floor of the Stock Exchange of Singapore took on an entirely different tempo-yesterday as the age of the computer finally dawned upon the trading room staff. With the electronic board majestically displayed above the now forgotten382 words
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Article145 1982-07-02 12 BOUSTEAD lllMl|i BM has been asked to inform the Kuala Lumpur Stock .Exchange on the consideration to be paid for acquiring 70 per cent of Getz Corporation's equity when it is determined. The company was aisn asked to submit the audited accounts of Getz as at June 30145 words
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LATEST
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Article37 1982-07-02 12 Textile ladmstriem BM'a profit before tax for the six months to March SI, IK2, dropped 41J per eeat to Mfl.Bl million, on toraover of $21.1 million ($21.1S million previously). No dividend was aao o o37 words
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Article55 1982-07-02 12 kas reported a ».1 per eeat drop la its operatlag profit to M 51.21 million for tke six months to Marek M, lttL Sales tar the half year were lower hy 22J per eeat from the prcvtoaa lint half hat ao figares were gives. No55 words
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Page 12 Advertisements
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Advertisement111 1982-07-02 12 FINE CHINESE ANTIQUES S WORKS Of ART KWOK GALLERY Pte Ltd 101 103, First Floor, Far East Shopp ng Centre, Orchard Road. Tel *****16 *****42 THREE GENERATIONS OF EXPERIENCE SINCE 1918 U5540,000,000 Floating Rate U.S. Dollar Negotiable Certificate of Deposit due Bth July 1985 THE INDUSTRIAL BANK OF JAPAN, LIMITED111 words
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Advertisement476 1982-07-02 12 HOW TO CONDUCT EFFECTIVE APPRAISAL DISCIPLINARY INTERVIEWS Singapore, August 31 September 1,1982 This programme is designed to enable managers and supervisors to improve their interviewing skills in appraisal and disciplinary interviewing situations. The course will give ample opportunity for practical work and skills development so that the objectives can be476 words
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Page 12 Miscellaneous
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Miscellaneous63 1982-07-02 12 IWEATHER" OUTLOOK for Singapore today: Fair except for showers in a few areas in the afternoon. Report for 24 hoars prior to 7JI pm on July I at the airport: Maximum temperature 33.0 Associated- humidity 60 Minimum temperature 26.9 Associated humidity 87 Hours of sunshine 10.6 Rainfall in millimetres Nil63 words
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SHIPPING TIMES
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275 1982-07-02 13 .FOLLOWING appeals from shipping companies as well .as the Merchant Marine Promotion Commission, Thailand's Board of Investment has decided to permit -promoted shipping firms to charter or lease vessels for their fleet instead of having to purchase the vessels outright as previously stipulated275 words
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534 1982-07-02 13 G DURAIRAJ - By G DURAIRAJ THE government has been urged to consider designating a free trade zone near Johore port to enable it to compete with Singapore. A team of consultants who carried out a study for the government said the port authority should534 words
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PORTSIDES
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Article119 1982-07-02 13 WILLINE, a wholly-owned subsidiary of Norwegian company, Wilh Wilhelmsen, will start calling directly at Manila with effect from this month. The line started accepting cargo from the Philippines just 18 months ago on an inducement basis after serving the trade between the Far East and the119 words
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Article122 1982-07-02 13 AFP r THE Panamian registered ship Winnow, which was reported to be sinking in the Bay of Bengal, has been abandoned by its crew. The ship was ISO nautical miles south of Port Blair, the administrative headquarters of the Indian Andaman Islands, when it flashed an SOSAFP - 122 words
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Article74 1982-07-02 13 THE Norwegian Shipowners' Association forecasts that total freight income from Norwegianflag shipping this year should be around the US$4,OOO million mark. This would be slightly less than overall earnings in 1961. It is expected that there will be a more pronounced decline in net income because of74 words
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Article35 1982-07-02 13 Reuter THE Australia/Eastern USA and Australia/Eastern Canada shipping conferences said the bunker surcharge applicable to this trade will be increased to 9.95 per cent from 8.93 per cent, effective August 1. ReuterReuter - 35 words
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Article705 1982-07-02 13 SWpptag Um Plfl CM MpptafliM Page CM AfcH* 111,1 Alttrmas AataraSN* ARC UM APL iaa"" A9L Coat AIImUm Aimui Lutr Australian Con Bait-Orient Baltic BUTUH BBS BmUm BnM BWQ Blatuki Contractor Blue Funnel Blue Ocean Blue Star CAVN-FMG OCUM con OylMaw Cktm Nav vm vm vn VI705 words
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199 1982-07-02 14 THE world's major container trades are taring a period of disastrous instability, according to HapagLloyd deputy chairman Karl-Heinz Sager. Speaking in Washington. Sager singled out United States Lines, Evergreen and Cast for particular criticism claiming they are adding to the "lunacy of overbuilding." "If199 words
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Article210 1982-07-02 14 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACS (FAB EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANBO (BTRARB/ AUSTRALIA): Australian National Line. Australia/Straits210 words
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352 1982-07-02 14 CANADA'S nationalised ports most of the major ones in the country have increased operating revenues by 19 per cent last year. It is the second year running that the National Harbours Board which has a long history of heavy losses has352 words
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595 1982-07-02 14 THE US Secretary of Transportation Drew Lewis has ordered five carriers to pay the government nearly US$lO million in various subsidies awarded in the mid-1980s. Lewis' decision came as a result of a US District Court order last November that reversed and remanded a595 words
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Article1791 1982-07-02 14 CHARTERING wu on a very small scale In all sectors of the freight market on Wednesday with rates still edging lower where changed. Grain business from the US Gulf to South Korea at US&4JO showed a 25 cent decline, while a rate of $16.35 was agreed for grain1,791 words
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204 1982-07-02 14 UPI A LEADING member of Indonesia's ruling Golkar party urged the government to investigate the controversial purchase of the ship that sank last year in the country's worst sea disaster. The Tuapomaa-n, the Indonesian commercial fleet's flagship owned by the state shipping company Pelni, caughtUPI - 204 words
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Article756 1982-07-02 15 Gamut 7>iffTii or sub 134« dwt on 10.00 m 5 bo/ha geared flwh tween bout 1909 now open July 5/20 lower Baltic instead of July 15/21 interested direction Far Eut part cargo at 10,000 tones or «0/900.00 cbft be loaded aos 1/3/4/5 please rush proposals. Safety Union presently756 words
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595 1982-07-02 15 LEGAL experts from Asia have drafted the guidelines for drawing up a maritime code that will be implemented by various countries, of which the Philippines will be the pilot country. The Philippines has been drawing up its own code when other countries started595 words
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5500 1982-07-02 20 SHIPPING LIST where your ships are due and when SCHBDBLB 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 Port5,500 words
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Article725 1982-07-02 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Ship Arrival for LCL Movement Voy Date/Time Operator Cargo Schedule Location Ratana Bhum 19S20N 3.7.82 1700 S'pore Shpg 49 2100-2300 A1 K Jacejin 15W 3.7.82 1300 Crown Marine 49 2100-2200 H3 Nlpponica 45/368 3.7.82 2359 Harper725 words
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Article1769 1982-07-02 21 The leading shipping lines operating from local ports and their agents. A B AeMpatsga Apt Singapore Shpg Agencies (S) Euro-Asia Lint <PN KL PK). Adrlath CmUmt Continental Feeders (S) Cargo Freight (PK). AFKA Singapore Shipping Agencies (S)' Euro-Asia Line (PK PN). AMmb Um Transgroup Pte Ltd1,769 words
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247 1982-07-02 22 INSURANCE broker CE Heath and Lloyd's underwriters have reached a US$l.75 million out-of-court settlement in a long-run-ning dispute relating to the insurance of containers leased to shipping companies by the US multi-nation-al company CTI International. In the settlement, Health will pay $1.65 million and the Oceanus247 words
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398 1982-07-02 22 THE AMERICAN shipping industry needs to invest more than US$B billion in order to be competitive and carry 40 per cent of US trade, Mr Charles Hiltzheimer, chairman of Sea-Land Industries, said. He stated that the 55 per cent decline in the US398 words
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179 1982-07-02 22 THE PORTUGUESE government is expected to announce a major rationalisation programme (or the country's shipbuilding industry within the next few weeks. It is understood that shiprepairer Lisnave is to take over the activities of newbuilding yard Setenave. Both are state-owned. Some form of merger between179 words
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Article512 1982-07-02 22 AT CONVENTIONAL WHARVES Vessel KEPPEL WHARVES Balsa 21 Builder II Frotadurban Jenson Kota Jade Lumut Pyramids U Seng Hong Shoryu Maru Equator Kim Soon Li Kota Singapura Labuan Hadji Pskov PASIR PANJANG Berth 24/25 22 13/14 23 10/11 21E 3/4 27 27 23 22 10/11 31/32 15/16512 words
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Page 13 Advertisements
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Advertisement488 1982-07-02 13 The Singapore's Straits Business Times World DIRECTORY at your Qf Fingertips Singapore (Buku Merah) LONDON Freights ORIENT Exchange CONSORTIA SHIPPING Schedule CONTAINER Schedules WHO Acts for Whom SHIPS In Port REGIONAL Weather I RI) INI T 11 SEALORD EE I 3E Orient Overseas Co*d<u*te/i Line FULLY CONTMOBED SERVICE TO EUROTE488 words
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Advertisement42 1982-07-02 13 r A* Auf 5 A* Auj 12 Am fee 19 ZM M 26 A«« n Am 2 Am 18 Jul 23 M 25 M3O Am 1 Am 6 Ami Am 13 Am is Am 20 Am 22 Am 27 Am 29 nz342 words
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Advertisement349 1982-07-02 13 S SAUDI east LINE EXPRESS CONVENTIONAL SERVICE Regular. Efficient A Rebate Services To PERSIAN GULF i RED SEA /g\ OQEANUS SWPPifG AGENCY PTE LTO CALL TEL: *****77 For tarHicr 4H«h sec fi|t M MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: UJ3. PACIFIC. OULF. ATLANTIC, EAST CANADA. ABIAN PORTS IDSE I349 words
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Page 14 Advertisements
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Advertisement541 1982-07-02 14 Ml FAR EAST/EUROPE CONTAINER SERVICE FaaM *T. Mm| VaM S'para MMM la Part U&n 6/7 PIMM 9/7 SELAROU 13/7 MU 16/7 KOCJMK 20/7 PMM 23/7 N. CRYSTAL 27/7 MM* 30/7 TOTMM 3/1 PMM 6/1 RHOOM 10/8 1) Gbw| 2) H-bwi 3) r«M 4) fftoa 5) U H P. I SaM541 words
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Advertisement262 1982-07-02 14 e Y.S. LINE YAM ASHIT A-SHINNIHON LINE Pacific South W«ct HhtM U/U QM Pocific Nortfc W«st IMtar m »T Ml U V? J nn nn mm a a/7 nn la Mia. ,J£ VI VJ Lip* l/l M/t IV* ftlnaf iJ/7 mM 1M is/t Mum a 11/ l 17/1 M/l Mto262 words
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Page 15 Advertisements
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Advertisement572 1982-07-02 15 QCL Overseas Containers Limited IONTAINf RSHIP SERVICE TO UK CONTINEN SST Bt" r«n unn np ap 49/4 nit iv> iv> n/t W* n/t n/t M/ 9 44/9 11/1 u/9 22/1 n/t np m/m «/u 25/7 27/7 92/9 94/9 M/ 9 11/1 17/1 19/9 2V« 27/9 91/9 «v» 44/9 M/ 9572 words
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Advertisement425 1982-07-02 15 rwTT* OeeereJ Suvtj «f itooiaaod carfo ex the above veaaei vfli be held on 7th July, lt(? (Wert—day), from Ml am to U§M>No further aurvey wffl be held after thia dote. B-AJIUaOTAI (Fit) LTD. Wmni ■1- .f til rjry Franco Belgian Services i* J t t F. r»: I iretam425 words
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Page 16 Advertisements
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Advertisement304 1982-07-02 16 MEDAFRICA LINE Mll.t Ri;. SI R'w I FOR: LAGGS/APAPA, PORT HARCOURT, WARRI Mm for SANTOS. RIO DC lANEKO, AfiDJAM, DOUALA, MATAOI and LUANDA SW** Kcos/Apapt PHarcowt 27/28 My 25 IN 30 k* SRROHNE M' N St CIJHH v f Out N C WL umtss struct to Spore P GtKtanf PKetanf304 words
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Advertisement400 1982-07-02 16 H' tart* m Im 17/ C 11/6 25/6 15/7 m/i a/% vi an 6/7 .7/7 13/7 2/1 6/7 7/7 11/7 20/7 21/7 21/7 15/1 25/7 26/7 3/1 23/1 1/1 2/1 I 11/ l 31/1 10/1 U/l I 19/1 9/9 20/1 21/1 a/« 17/1 FUUVCONTI kst/bbt corns SL Mb ire m400 words
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Advertisement210 1982-07-02 16 EVERGREEN LINE FAR [AST FUPOPF CONTAINFR SERVICE Fatia m in vn an an i/b w w mn VI 7/1 vi ivt 12/1 nn an vi iyi 11/1 n/r n/i zz/i la/raftra/iaNc MP b in ib m MM in nn nn vn an nn m un nn an w vt m210 words
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Advertisement476 1982-07-02 16 Everett Lines! BURMESE NATIONAL LINE" MM UHMUMI LOAMNG FOR RANGOON J #m ft** taili WIM MM 2/4 94 MKIM IVUM B.F.SSC. Am* m Motoyuo BOUSTEAO SHPPV4G TEL NOS KL *****4/*****7—PKELANG *****1/8 PB4ANG *****1/• rtri —*t *TrniM lh Bu—i>« IrtWwWrf ■ii n ai f. A.C.I.F. win ~*so acton fob nS I5T^476 words
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Advertisement143 1982-07-02 16 r SI NOSE MARITIME PTE LTD SANKYO I.INE h 11 '1 I I M/ 7 4-5/7 V 7 M/ 7 11-11/7 M/ 7 15-11/7 1711/7 14-17/7 It-11/7 IMI/7 22-23/7 25-21/7 2M9/7 MMniV 22WM/7 attJH M-978/VHU IMMIII iMiom SUAf UNION LINE a KYOWA LINE j r m TAIYO MARINE LINE TTTTm143 words
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Page 17 Advertisements
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Advertisement465 1982-07-02 17 PIL GROUP FULL CONTAINER SERVICE 10 COLOMBO. HODEIDAH. JEDDAH AQABA (Reefar Cntrs Acceptable) rmi-» ii i» —nr^irr —i KOTAMNMAT KOTAMNAIAT KOTA SAMABAT *•17/7 n-an ACCSRTMO FCL CON? 12-11/7 IMV7I Mrt I »1M I 12-11/2 I 21-22/2 j, I EAST AFRICA/REDSEA SFRVICE COLOMEO/KARACHI/P. GULF SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES KOTA MA. InM/ 3 July465 words
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Advertisement310 1982-07-02 17 IF =jjFj BEN LINE CONTAINERS comae soma m mm Fmet M UJL on an an an tn vt in an an an an tn an an an an an an an an m an un an an in an an an an in in 31/7 13/1 15/1 VI z/i VI310 words
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Advertisement284 1982-07-02 17 ScanDutchtf w VI 9/1 M/l U/l an i ii/i ivi p/i ivt m iu a/I m m V B/I jo/I JI/I vi tvmvt w a f* ft »•< S*pM CM CM* Ana lp M M) TAata 14/7 IJ/l 22/| 24/1 27/1 21/1 31/1 2/9 l/l 14/1 20/4 24/1 25/1 28/1284 words
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Advertisement373 1982-07-02 17 BOUSTEAD SHIPPING AGENCIES BANK UNE STORE KDAM HULL HMBG FOKTHBANK 11 Aug 9 Sfcp 11 Sap 15 Sap COftABANK 90 Sap 26 Oct 29 Oct 02 Nor Lines ILS. 6ULF MRECT SERVICE Mi Mi Mr (si m m sw a taa Mi Mi M> S TOR tor MT •OU.TIMMH SM373 words
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Page 18 Advertisements
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Advertisement1288 1982-07-02 18 NEW YORK/E. CANADA EXPRESS CONTAINER SERVICE noansa store wdbcki K PIONEER V 9 MP! RMOBE MAM I»JM 14 A«( 12 Aa( »A« C PAUL 31E 10 M NEW JERSEY NAM 26 JM 22 A* 20 Am i. MDGf V 7 17 U VTMA7Um —Kt 1 kmm tl L. ttZi is1,288 words
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Advertisement199 1982-07-02 18 i >11 »'J L osTuiu anus ctnuu soma InST ift» a* M* s* am va 2* 14*4 Mft« ■,r.v..i, JAPAN SERVICE SAUDIS LINE Jl/I EAST l-ll Regular ConvPiitmral Service (AM Sowfc Flog KTAN SM PK PNG Loot** for HK htat 4/7 1/7 Im***!. U 11/7 l|/7 15/7 17/7 Mlkhli ITEMS199 words
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Advertisement229 1982-07-02 18 KORINS MARITIME SERVICES rrc ire MtODLE EAST/RED SLVEUROPE SERV'CES HNCNOO NO. 2 j llhundae Shipping Co. lid. /A ASIA Ml RC lIAM MARIM Ytm Ln*| tar II Mr n—mii'lf II Mr Danram/ltaMi/Mi 29 Mr MM MM NO. U. HMMK GOLDEN LINE w MM swmk (rn) ire rm nw i* mim229 words
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Advertisement209 1982-07-02 18 INTR ASEA (PTC) LTD BREAKBULK SERVICE TO EUROPE7UK FULL CONTAINER SEH.im .'0 EUROPE/U¥ Ur Lai *1 n f 1 a MBsnr nu com IUIMMPm Ik m u K IM MM SOOt UM 7MI MM MM 7MI TMTO 17 M M Ml Hit 8M MM LLlEj' 11. 311 hfm* <rai nwPmr)209 words
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Page 19 Advertisements
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Advertisement539 1982-07-02 19 TO EUROPE/UK (VIA SUEZ): K JjjtCEJM 15W+ Iff CONTAMR 31«. TW BMDGE 11N C RQ2E 30W C PAUL 32W A CONCORD 5W Aho accepting cargo to/from Scandinavia K JACEJM S'pore Closing Times: FCI Cargo LCL Cargo Fttill EUROPE (VIA SUEZ) C ROZE 29E C Mil 3IE Op*F2X K CHANCE 8E539 words
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Advertisement225 1982-07-02 19 MALDIVE LINES ETA ETA ETA Loadnt For OZNI/lrtiak/rT Satfaa wumaai Loadwt For Mala HMNMMI LoadwFor DJBOUTI muKknmim Loota For Madras mmmm i Loadni For Jaddah ■uhcomk S Loading For KAJMCtfI/DUBAI/ KUWAIT h Port Loadiw Far Karachi/Sharp!) mnmnm Loodwf For Hodwdrt MMJMt NNRIEI Loadmf For MALE TRANS-SBERIAN CONTAINER LINE ww ait225 words
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Advertisement380 1982-07-02 19 SINGAPORE SOVET SHPPMG CO PRIVATE LTD y <sov BUlLai<6 55 *>*« «rtt< Sbifiptre 0104 TMm Nmbm #***** (15 Urn) Cabte Mdrm SMSOV SINGAPORE Trlri Numbers RS ***** RS ***** RS ***** ft.! M/S SHMMUT MM SOOi SOIL MO. IST AND 2ND FLOOR. NO 1. JALAN CEMPENMG, PORT KLANG. MALAYSIA Ttfc380 words
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Advertisement46 1982-07-02 19 SAMSHIP WOOD CARRIERS AMBER PLYWOOD SERVICE m nuanr)/att«uNU SIE/m/MT/U. (TUBD AGENTS KJ_ v* L. LM, R.W N S| Tel: SUSSI (S DIVISION OF THE TNT NOM.DMK GWUP OF COMNMES REGULAR FCL AND LCL CONTAINER SERVICE TO: AmblHi Sydney, Melbourne, Fremarfltle, Adelaide, Brisbane Auckland, Wellington, Lyttleton, Napier46 words
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Page 20 Advertisements
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Advertisement511 1982-07-02 20 ■minim ItllKlit S S C Croup SINGAPORE SHIPPING CORPORATION PTE LID. l'<'<|ional Container Lines 2 SAILINGS A WEEK to/from BANGKOK BERTHING EVERY NOON TUESDAY SATURDAY •I It—/r. SIMj A PORE ISLASDS MIDDLE EAST REGULAR LINER DSR LINES P.Mm| fmrnt Ktm H'bwg A'awp M 15/11 M 19/21 JM 22/24 JM 14511 words
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Page 21 Advertisements
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Advertisement189 1982-07-02 21 EGYPTIAN INTERNATIONAL LINE EILi EGYPTIAN FLAG it ma mn Ml WV 27 km U 27 AkM Cw|i ■lAliy I toi u »m u »rn 17 i*a s*a wp«si PtMMM 27MM1/2 »*f Mfl 4*\,| I N SHIPPING, PTf I ID 1 i Of 1(1 Cfntff Muf fin# Squjrf S porp 040^189 words
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Advertisement195 1982-07-02 21 Freight Management Pte Ltd J M 22*221U U inu.aMM.rpmi few) T*c IS 2M29 H REGULAR CONTMNER SERVICES Fa AND LCL TO: Australia, new Zealand, uk/europe, USA, CANADA, HONGKONG, TAIWAN OTHER PORTS/DESTMATIONS ON REQUEST TROPIC ISLAND 1 SHIPPING CO. (PTE) LTD. J if TTT 777T17T? i.i'iW none stmi ttf. zss— ti195 words
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Advertisement92 1982-07-02 21 I ETR LINES DUBAI I i n *1 RTTTT TT3 f V 7' 'I f."li i o> dip row MADRAS, COLOMBO. CMTGG, CALCUTTA. R*GOON, KARACIS, BKK, MAMLA, MUSCAT, DUBAI. DAMMAM, KUWAIT, DOHA. HOOODAM, JEDOAH, AQABA, ALEXANDRIA. R*DAM, ANTWERP. HAMBURG, ANGOLA, JAKARTA, SURABAYA PLADJU, TARAKAN. UJO PANDANG, U.S. GULF. AUST, 7\92 words
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Page 22 Advertisements
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Advertisement389 1982-07-02 22 HAJ SHIPPING SDN. BHD. AAS HA t'lib Ay, If 11 Ma <'.!* HA I'iHf F BINTULU CONTRACTORS SDN. BERHAD 37 Road If! ***** Eiprm Car-Carriar/KO-ftO Sotkc to East Malay* P. KcUn( Loading lor BMTU.UNO. 1 £11/12 9/7/12 KUCHMG/LABUAN/KK NNTUUI NO. 1 £12/12 21/7/12 KUCHMG/SBU/KK BMTULU NO. 1 *13/12 3/1/12 KUCHMG/LABUAN/KK389 words
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Advertisement168 1982-07-02 22 MAGNA MARINE LINES TO ft FROM SOUTH AFRICA PERKAPALAN LAUTAN BIRU SDN. BHD TTTI (PTE) LTD. Soito 02-30, Ist floor, Moßliotton Homo 151, Chio Swoo lood>mport, 0316 Tol: *****33 (5 linos) *«mI Vpm* t. Mm* Lm*« tar 2!SJH IP S,Ii, Murta/P*tatai •NMAJ 5-7 My Murta/PK Na EASTERN SIM 8-8 My168 words
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Advertisement218 1982-07-02 22 SINWAH CONTAINER LINE KOUK CONTANO UD SERVICE TO AUSTRALIA. NEW ZEALAND MO FM EAST HV. GEORGE ETA S pore 19 My ACCEPTM6 CONIMNEMSED CARGO FOR MANILA, HONGKONG. SYDNEY, MELBOURNE LILsJI/t »J.u 11./3H .'fin' General Agents yick fwc smppmc t enterprises co. ltd 3rd Floor, Bonk of China Blda Battery Rood,218 words
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Page 22 Miscellaneous
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Miscellaneous141 1982-07-02 22 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. Temperature Weather •c A cT*" Wind direction with speed in knots Cloudy Sky Wave height Svfaee wMs are hitHil by arrows which fly with the wM (o) One full circle represents calm or light and variable winds. i_ One half141 words
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