The Business Times, 28 July 1982
1982-07-28
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The Business Times
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Title Section10 1982-07-28 1 BUSINESS TIMES M.C.(P) No. 93/1/82 WEDNESDAY, JULY 1M2 60 CENTS10 words
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457 1982-07-28 1 BERNADETTE CHOOI - By BERNADETTE CHOOI THE Development Bank of Singapore will be launching its largest note issue amounting to US$75 million with an attractive warrants issue of the same amount accompanying it. This 15 Vi per cent parpriced bond will be raised on the457 words
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171 1982-07-28 1 AP IRANIAN and Iraqi troops appear to have fought to a stalemate in the war between their two countries. This has eased the concern among some US analysts that the war might spill over to endanger moderate Arab oil states in the Persian GulfAP - 171 words
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786 1982-07-28 1 JOHN LIM - By JOHN LIM ELECTRICITY rates will Increase on Aug 1 under a new system adopted by the Public Utilities Board to raise or lower charges every three months. The revised pricing system was announced in Parliament yesterday by the Minister for Trade and786 words
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Article130 1982-07-28 1 Reuter HONGKONG'S foreign exchange brokerage fee is to be cut by 20 per cent, effective Aug 1, the Hongkong Foreign Exchange Brokers Association said. The cut will put foreign exchange brokerage in Hongkong at HK$2OO per US$l million, more or less in line withReuter - 130 words
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438 1982-07-28 1 LEE YOKE MENG - By LEE YOKE MENG AN INFORMATION bank will soon be put into operation to detect fraudulent insurance claims. Officially labelled the Insurance Loss Register, it will initially keep records of arson and other fire claims. Other types of claims, especially marine, burglary and workers'438 words
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BRIEFLY...
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Article87 1982-07-28 1 UPI WORLD oil demand is expected to increase again beginning in September, ending the oil glut and boosting production, said Indonesian Oil Minister Subroto. Mr Subroto, emerging from a meeting with President Suharto, said: "World oil-demand, prrhwtinp the communist bloc, will reach an average 43 million barrelsUPI - 87 words
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Article81 1982-07-28 1 THE consumer price index for the 10-nation European Economic Community rose by 0.7 per cent from May to June. The community organisation Eurostat reported that Greece had the biggest rise in inflation during the month 2.6 per cent followed by Luxembourg with LI per cent, and West81 words
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Article49 1982-07-28 1 Reuter IRISH Republican guerillas ambushed a police patrol in west Belfast with rocket and gunfire yesterday, injuring four policemen. The policemen were dazed but not seriously hurt in<the attack, the first maior assault in Belfast since last week's two London in which 10 people were killed. Tteu-Reuter - 49 words
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Article82 1982-07-28 1 Reuter CHINA'S exports in the first half of the year totalled US$lO.2 billion, more than 10 per cent up on the same period in 1981, the rhina Daily reported. Sales abroad of Chinese petroleum and machinery rose by 15 per cent and 19 per cent respectively. ExportsReuter - 82 words
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Article82 1982-07-28 1 AFP A TOP level Thai government committee has been set up to see if a US$596 million fertiliser project can be rescued, a spokesman for a Scandanavian consortium said in Bangkok. Proposals by the Scandanavian consortium, first made when the project was mooted in November last year, wereAFP - 82 words
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Article59 1982-07-28 1 Reuter QUEENSLAND Press Ltd has announced it had raised its share in the Herald and Weekly Times Ltd (HWT), Australia's largest media group, to nearly 27 per cent in an apparent attempt to protect HWT from takeover. HWT is presently the subject of a takeover bidReuter - 59 words
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Article58 1982-07-28 1 UPI JAPAN'S industrial production suffered its second straight quarterly decline in the April-June period, Indies ting that no quick economic recoveij is in right, the Japanese Ministry of International Trade and Industry reported. The ministry said the index of mining and manufacturing output tar the April-June period (fcoppedUPI - 58 words
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499 1982-07-28 1 •ad toilaHlaltoli yesterday mid the proposed Increase In electricity cbargea will impose an additional burden and will blunt their competitive edge in the world market. "We are paying $4 million to $5 million a year on electricity bill. The rise in rates499 words
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326 1982-07-28 1 A MOTION to refer to Ike Attaraey-Geaeral the alleged peeaalary latere»! eaee iavslvlag Mr J B Jeyaretaam, tke Member sf Parltaaeat tor Aaasa, was wltkdrawa la Parllameat yesterday» Tie Minister far Law, Mr E W Barker, aiflkdma tke aiettoa after Mr Jeyaret» aam apalsglsed326 words
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Page 1 Advertisements
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Advertisement246 1982-07-28 1 E*ON OFFICE SYSTEMS SEE HOY CHAN GROUP OA Singapore Ml: *****62/4 K I 03-*****0 Panang M: 04-*****9 QKMD2 MAJOR US banks have cut their primp" lending rates for the second time in a week Page i LACK of professionalism and entrepreneurship among booksellers are the real obstacles to the growth246 words
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Advertisement117 1982-07-28 1 Why cMte #f electricity change...Details, Page 7 FOCL leads the way in Industrial Finance In the world of Industrial Finance, Forward Oversea Credit Ltd. clearly leads the way. Whether it is the financing of just one piece of equipment or a whole industrial complex, the FOCL approach is innovative, competitive117 words
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Advertisement122 1982-07-28 1 The Straits Companies Times Key Personnel DIRECTORY Agencies 0* Singapore (Buku Merah) o A x. DTS7SOR Reproduces and reduces at unprecedented speed Rapid warm-up ensures the fir§t copy in 5 seconds, with a phenomenal speed of 36 copies per minute! Reduce A3 to A 4 or A3 to 84... with122 words
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BANKING AND FINANCE
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Article700 1982-07-28 2 Reuter BASE lending rates on US bank loans to businesses eased lower as major banks cut the prime lending rate for the second time in a week on Monday. Manufacturers Hanover Trust Company cut its prime rate to 15.5 from 16 per cent, effectiveReuter - 700 words
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96 1982-07-28 2 Reuter THE BRITISH government has abolished all hire purchase controls in a move aimed particularly at helping the depressed motor industry. The decision, announced by Trade Secretary Lord Cockfield in the House of Lords on Monday, was also welcomed by makers and sellers of furnitureReuter - 96 words
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255 1982-07-28 2 Reuter THE Bundesbank has asked various West German banks for notice of any direct credits of 50 million Deutschemarks or more granted to foreign borrowers, a Bundesbank spokesman said. He said the move is as a further step to help reduce the levelReuter - 255 words
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282 1982-07-28 2 INTERNATIONAL haakera Invited te a tettag In Laata ftamavraw will seek te knew hew mm they eaa expect iim—t if an "ST2 pndw lafermaOm sMght by the mainly West Earepeaa banks still pntekiy depeada m the Mteeme af lavMtlgatlMs In Utta282 words
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Article385 1982-07-28 2 ANGELINE TAN - B» ANGELINE TAN THERE should be more fixed rate issues in Singapore to stimulate the growth of the capital market here and to provide investors with a wider range of financial instruments in both the primary and secondary markets. This call was made by Mr385 words
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Article109 1982-07-28 2 AMERICAN banks had Mt free reserves of US$27 mJlion in the week ended July 21, compared with revised net borrowed reserves of $21 million in the previous week, the Federal Reserve Bank of New York reported. It had reported net rowed reserves of $92 million in109 words
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MONEY AND EXCHANGES
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Article484 1982-07-28 2 THE US dollar weakened against major currencies but strengthened against the local currency on the foreign exchange market yesterday. The easing of the Singapore dollar as due to MAS intervention. Against the local currency, the US unit opened lowest at *****80. Business was mostly done at 552.1285/95 before484 words
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Article133 1982-07-28 2 THE dollar for overnight delivery closed little changed yesterday at 251.80 yen against the 251.90 opening, in quiet trading. This was below the 251.90/ 252.10 finish in New York overnight, but was still higher than the 250.50 yen close in Tokyo on Monday. Trading volume was US$l.42 billion,. The133 words
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Article113 1982-07-28 2 THE dollar opened firmer yesterday, extending an overnight advance in New York and the Far East in further correction of its recent decline. Concern about the size of the US Treasury's quarterly refunding package to be announced today continued to overshadow Monday's news of Vi-point prime rate cuts by113 words
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Article22 1982-07-28 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.70 per cent.22 words
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Article185 1982-07-28 2 ASIAN RATES ASIAN currency deposit Interbank rates as at close on July 27: US Dollars*Spot) Off.r Bid 7 days 11* life 1 month 12 Vk 12 2 months 1211/*****/16 3 months- 13 3/16 131/16 6 months 14V16 1411/16 9 months 14M 14* 12 months 14M 14* Du 8w_Pr». IUUJL. 1185 words
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Article43 1982-07-28 2 RANGE ot prices often sd by discount bouses on July 27: Overnight M Call deposits: 4% Closing Baring 3-month pelling Treasury bills 3H 3-month Bank bills 7% 7* 3 months CD 711/10 79/16 6 months CD 8V4 8* Source: National Discount Co43 words
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Article308 1982-07-28 2 GOLD futures in Singapore yesterday closed generally easier in moderate trading reflecting the metal's weakness in overseas markets. Total sales for the day, including kerbs, was 506 lots. Prompt closed weaker at U*****.50/354.50 an ounce against $357.70/359.50 on Monday, August at $352.50/ 354.50 ($358.30/359.00), October at $360.80/361.40 ($365.70/366.30) and308 words
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Article36 1982-07-28 2 Mm FM New York 7.338 7 238 7.406 7.30S Zurich 7.038 7.12B 7.13S trnm 7.22S Mm Singapore 7.32B 7J0B 7.42S 7.30S Closing prices in US dollars a troy ounc t. Source: Credit Suisse, S'pore36 words
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Article175 1982-07-28 2 THE US dollar yesterday eased against all major currencies in late trading but was still above the New York's overnight level. Dealers said the dollar's softness was mainly technical, and Asian dollar deposit rates in fact rose 1/16 point from the morning for Three and Six Months. The dollar175 words
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Page 2 Advertisements
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Advertisement150 1982-07-28 2 Utilise expensive space to the maximum, keep tied-up capital to the minimum. You con achieve these with ELECTROLUX CONSTRUCTOR by ELECTRONUX CONSTRUCTOR'S sophisticated pallet racking and Planning your store with our technically qualified staff, for shelving systems are found all over the world in materials Flexible Versatile Racking/Shelving having strength,150 words
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Advertisement271 1982-07-28 2 Coopers &Lybrand Associates provides a comprehensive range of management consultancy services aimed at helping clients increase the effectiveness and profitability of their organisation. These services include Corporate Development, Organisation Planning, Financial Control and Management Information Systems, Investment Planning and Appraisal, Electronic Data Processing, Executive Selection, Marketing and Economic Studies. We271 words
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TRADE AND INDUSTRY
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324 1982-07-28 3 RESTAURANT owners who plan to computerise their operations should not concentrate only on the hardware. The software is Just as important. This advice was given to them by Mr Hokn Wong, a computer consultant and managing director of Robin Information Systems. He also told324 words
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258 1982-07-28 3 THE number of visitors to Singapore in the first five months of this year grew by a mere 18 per cent to I.ls million. There was a 5.6 per cent growth in May this year over the corresponding month last year. This is an258 words
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Article280 1982-07-28 3 THE newly-formed Singapore Robotic Association hopes to obtain a grant from the Skills Development Fund to defray the costs of its first overseas study mission. The SRA, which is planning to lead a delegation to Japan in September, said if its application is approved, participants280 words
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455 1982-07-28 3 IGNORANCE of trading opportunities in China has local bIttiDHDMO from expanding their exports to that country. As a remit, Singapore'» trade imbalance with China has persisted. Speaking at a seminar on "Trading with China" yesterday, ifr Ong Leng Chuan, chairman of the Singapore Manufacturers' Association,455 words
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Article473 1982-07-28 3 A TOTAL OF 110 new companies dealing in computer* have set up shop here over the past two years here, bringing the total number to 195. These figures were cited by Trade and Industry Minister Tony Tan in Parliament yesterday in reply to a question from the473 words
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210 1982-07-28 3 THE first group of Ngee Ann Polytechnic students to complete part-time endorsement courses In naval architecture and ship construction will receive their certificates today. Mr Lai Park On, president of the Singapore Association of Shipbuilders and Repairers, will present the certificates. Twenty-nine210 words
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484 1982-07-28 3 LEE YOKE MENG - By LEE YOKE MENG LACK of proffMhiiuHmii and entrepreneurship among booksellers are the real obstacle* to the growth of the hook trade here, said Mr Poog Sip Chee. Refuting complaints that censorship is at the root of the publishing problem in Singapore,484 words
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Article248 1982-07-28 3 BOOKSELLERS in town generally agree with Mr Foag Sip Chee's suggestion that they seriously consider setting up specialised shops for hooks here. But they doubt if there is sufficient demand as yet to make it a worthwhile venture. They note that even the bigger bookstores have difficulty248 words
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Page 3 Advertisements
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Advertisement133 1982-07-28 3 Alanda... Exciting bedroom scenes Designed by Paolo Piva and superbly built by B&B Italia, the Alanda combines unprecedented sophistication with the highest standards of sleeping comfort. Offered in colourful combinations of beautiful chintz covered quilts and upholstery, every Alanda is an exciting bedroom scene. From the impressive lacquer-finished bedside tables133 words
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OVERSEAS
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587 1982-07-28 4 Reuter PRESIDENT Reagan has ordered a top-level study of the controversy over his ban on technology and equipment for a natural gas pipeline from the Soviet Union to Western Europe. US officials in Washington yesterday said there are, however, no indications the president may easeReuter - 587 words
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166 1982-07-28 4 AP AN INTERNAL State Department study in the US has concluded a sharp reduction in exports to the Soviet Union may be more costly to Western countries than to the Russians in its initial phase. The Washington Post yesterday said the studyAP - 166 words
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338 1982-07-28 4 Reuter SIR Roy Denman, the European community's senior trade negotiator, will open high level talks on steel with US Undersecretary of Commerce for International Trade Lionel Olmer today. Diplomatic officials in Brussels said Olmer, who has welcomed the EEC's decision lastReuter - 338 words
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Article189 1982-07-28 4 UPI PRESIDENT Reagan has decided to extend the grain agreement with the Soviet Union for another year rather than negotiate a new pact. A White House spokesman on Monday said no timetahle. has been set for reaching an agreement on the Soviet grain deal, and atUPI - 189 words
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282 1982-07-28 4 AP US President Reagan will be getting a series of proposals within six weeks aimed at helping to increase US exports. According to Lionel Olmer, Undersecretary of Commerce for International Affairs and the man in charge of drawing up the proposals, the suggestionsAP - 282 words
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Article87 1982-07-28 4 THE best way for the British government to promote industrial recovery may be to use scope for tax cuts to lower government borrowing and force interest rates lower, UK Treasury Chief Secretary Leon Brittan said. Pressure is building up on the Treasury from inside87 words
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465 1982-07-28 4 Reuter THE prolonged economic downturn in the major industrial countries continue to dampen the performance of Malaysia's economy in the first quarter of 1982. Bank Negara yesterday said the overall business outlook (or April to June is cautiously optimistic, with an expected moderateReuter - 465 words
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226 1982-07-28 4 Reuter THE spread of commercial television could impoverish the development of national cultures. This was stated by the Director-General of the United Nations Education, Scientific and Cultural Organisation (Unesco), Mr Amadou-Mahtar M'bow of Senegal He told delegates at the inaugural session in Mexico City yesterdayReuter - 226 words
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265 1982-07-28 4 SWISSAIR, Switzerland's national airline, has reported a record net loss of 71 million Swiss francs in the first six months of 1982. A spokesman said the airline lost around 100 million francs on flight operations, compared with a lass of only 24265 words
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234 1982-07-28 4 AP JAPAN'S Ambasssdor to the United Nations has aid little would change in American-Japanese trade even if his country lifted all its import restrictions. "Japan has done a great deal recently" to encourage imports, Masahiro Nisibori said. "Hie market is so competitive, it isAP - 234 words
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322 1982-07-28 4 Reuter AEG-Telefunken, the West German electronics giant which staved off an imminent financial crisis last week, has announced plans to hand over its loss-making television and hi-fi subsidiary to Grundig, another West German radio and television maker. ABG said that Grundig planned toReuter - 322 words
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Article293 1982-07-28 4 Reuter AFP WEST German industry expects business outlook in the country to deteriorate further in the next six months. The IPO Economic Research Institute in Munich said in a report that companies questioned in a poll last month also reported that the climate has worsened since May.Reuter; AFP - 293 words
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WORLD IN BRIEF
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Article492 1982-07-28 4 Agencies GUY F Atkinson of California has been awarded a US$l.O5 billion contract to complete the world's largest dam in southeastern Venezuela. The company said the contract was signed in Caracas with Electrificacion del Caroni, the Venezuelan government's energy agency, to finish the Guri dam and Powerhouse.Agencies - 492 words
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353 1982-07-28 5 UPI MOBIL Corporation, the second largest American oil company, has proposed a massive joint industry effort to develop shale oil with government involvement. It said a number of companies have indicated their willingness to attend a preliminary meeting early this fall to explore theUPI - 353 words
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169 1982-07-28 5 Reuter THE European Economic Community and Macao, one (f its major clothing suppliers, have adjourned talks on sf new textile accord but the community expressed satisfaction with Macao's negotiating position. The community said in a statement that' the talks, held under the guidelines ofReuter - 169 words
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154 1982-07-28 5 JAPAN will hold talks with Australia in October on increased imports of Australian beef during and after fiscal 1983, beginning next April 1, the Japanese Ministry of Agriculture, Forestry and Fisheries said on Monday. The ministry said the negotiations will be timed with154 words
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145 1982-07-28 5 UPI ATLANTIC Richfield Company (Arco), the seventh largest US oil company, has reported that its second-quarter profits rose 2.5 per cent in contrast to most other oil companies whose earnings have been hamstrung by weak demand. Getty Oil, ranked 14th, disclosed a 26.1 perUPI - 145 words
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230 1982-07-28 5 GENERAL Motors Corp's company-wide streamlining has resulted in a US$56O million second quarter profit, up from $515 million a year ago. GM's profit amounted to $1.82 a share, compared with $1.72 a share last year. It said it will pay a dividend of230 words
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564 1982-07-28 5 AP INDUSTRIAL output has been on the decline since the middle of last year in the 19 major non-communist countries including the US, according to a new calculation by the International Monetary Fund. The fund says the trend reverses the steady rise since the recessionAP - 564 words
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667 1982-07-28 5 AP UPI CARMAKERS in the US can match the Japanese in advanced technology, but fall behind because of poor management and use of labour that is only beginning to be corrected. A new two-year study said the American manufacturers must face "somethingAP; UPI - 667 words
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Article141 1982-07-28 5 Reuter TEXAS Instruments Inc. which reported sharply higher second quarter and six-month profits, said it is cautious about prospects in coming months and plans additional layoffs. The company said it will continue to emphasise tight control of assets, but the need to cut expensesReuter - 141 words
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140 1982-07-28 5 Reuter THE number of registered unemployed In the 10-natkm European Common Market row by 155.000 to 10.4 million people last month, representing S.l per cent of the workforce, according to niHriai European Community statistics. The Eurostat organisation said that when adjustment was made forReuter - 140 words
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Article712 1982-07-28 5 ARRIVALS Service Local Operator Nuibtr Tine Fim PAA PA005 AI AMD SIA SQ101 CAL cmo MAS MH671 MAS MHGBO RBA Bim sia sgm MAS MHG61 CPA CX710 SIA SQ103 GIA GAM MAS MHOl THAI TG403 SIA SQ191 UB UB231 GU GAMO KLM KL807 SU SQ105 MAS MHG82712 words
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Page 4 Advertisements
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Advertisement93 1982-07-28 4 MERJDiei SHOPPING COiTR£ Prime Orchard Road poaMon rnnwmpc ntw MpMUiwiKH ■tort on enttra Lower Ground Floe Planned aaaa of pedestrian flow Simple bold internal layout •Two floors with over 150 metres ol prima frontage each Large tourist rwlfhmeiil WEEKDAYS (9jOO am 6.00 pm) SATURDAYS (9.00 an 500 pm|. ;J0 SUNDAYS93 words
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Advertisement68 1982-07-28 4 *!*:|-?*\-|;~).;>.}&\/@<|"=+=\/ U5530,000,000 THE MITSUI BANK, LIMITED Singapore Branch U.S. Dollar Floating Rate Negotiable Certificates of Deposit Due July 25, 1985 Redeemable at the option of the issuer on July 25, 1984 MANAGERS Morgan Guaranty Pacific Limited Mitsui Finance Asia Limited China Development Finance Company (Hong Kong) Limited AGENT BANK Morgan68 words
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Page 5 Advertisements
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Advertisement101 1982-07-28 5 Just to you better TAT LEE BANK ft vs? r *m Head vuKnuaum ouoet People's Park Branch dement! Branch Thomson Branch Bedok Branch Buona Vista Branch Ang Mb Klo Branch You can:- withdraw cash up to a maximum of 1,000/- a day deposit cheques enquire into your current or savings101 words
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Advertisement157 1982-07-28 5 Ja Bitte? International Telephone Conference Service With today's space-age communications, you can now hold an international telephone conference with up to nine people in as many different countries. Simultaneously, from your own phone in the office or at home. International telephone conference calls make a tot of sense. For the157 words
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Article517 1982-07-28 6 CULTURE and business can be good for each other, and often are. The arts, for example, are promoted worldwide with the help of hard cash from large and small companies which gĕt little in the way of tangible returns on their investments, though they do get*517 words
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Article, Illustration1355 1982-07-28 6 DAVID HOUSEGO - As unemployment grows in France, the temptation to blame the country's 1.7 million immigrant workers becomes greater, reports DAVID HOUSEGO, recently in Lyons. DAVID HOUSEGO FT SINCE the disturbances of last year, Venissieux, on the outskirts of Lyons, has become (unjustifiably perhaps) synonymous forFT - 1,355 words
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Page 6 Advertisements
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Advertisement234 1982-07-28 6 I Have you ever thought... "Where can I get good software and the support I need? "I know a computer could help my business, but where do I start? "My company needs something much more powerful than a personal computer..." "How do I keep my programming on schedule? Well, maybe234 words
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Page 6 Miscellaneous
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Miscellaneous893 1982-07-28 6 &RADIO I The pollution problem THE ptllitlti prtklem ■ever stops biittig ntikW aad toe dwimeatan, Nov» (Ch S, 11.11), to bringla toalght's episode, "Black Tide", it will explore toe Mnetoa wroeght by toe Aimn Cadis spill aad toe chllilag pMdUUty that It will be repeated m etoer The ell spill,893 words
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852 1982-07-28 7 European efforts to persuade the Reagan administration of the need for more systematic currency intervention have suffered a setback. The Financial Times' foreign staff reports. FT EUROPEAN governments' hopes of securing a more active US currency intervention policy this year through the work of aFT - 852 words
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Article, Illustration844 1982-07-28 7 JOHN LIM - Why electricity costs change and how JOHN LIM explains why consumers will have to pay more for their electricity from August 1. JOHN LIM THE generation of electricity requires fuel oil, manpower and plant equipment. Manpower costs form a relatively small part of the cost of running this capitalintensive operation.844 words
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254 1982-07-28 7 JOHN LIM - By JOHN LIM IN THE HfMr parted 1972-81, the average price af aleUihiij efensei aheat It toes, trwm UB eenta per MawWaa (kwh) la 11.7 eeataper kwh. However, Ike average prtee af faei ail pay by the Pin far eieetrietty gUMrattea has254 words
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Article, Illustration786 1982-07-28 7 JIMMY BURNS - By JIMMY BURNS FT THE decision by Argentina's military rulers to carry out an inquiry into the Falklands war is potentially of deep significance for the future direction of the country's politics. Both President Reynaldo Bignone and General Cristino Nicolaides, his armyFT - 786 words
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Page 7 Miscellaneous
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Miscellaneous615 1982-07-28 7 3 An explosive wind? (5) 8 A number and name game (5) 10 Bumpy In a big way (5) 11 To love excessively (3) 12 Where the booae is an anaesthetic? (5) 13 He goes ahead with a relationship (7) IS When to escape me (5) 18 For each meatless615 words
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Page 8 Advertisements
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Advertisement236 1982-07-28 8 Where to wine, dine and entertain wttti the American Express Card sng3pDfvD&m Buffet Diw Our buffet dinner special for those who loue the perennial local favourites. Buffet from 6.30 pm 10.30 ptn Satay Chicken Rice Mee Siam Xiabing Niangctoufu Singapore Roiak Set in traditional Chinese decor, MEISAN SZECHUAN RESTAURANT exudes236 words
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Advertisement217 1982-07-28 8 for banquets. Ic >r conrentu )tis For other functions of fie.idess finesse Functions for up to 2HO guests International menus to choose from Complete range of audio-visual equipment Ample parking space A k /o\ J kViS' ciiliii'x I'arkS| u rj ii< >i i•Si i i| >« »n Nassim Hill. Singapore217 words
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Advertisement86 1982-07-28 8 1/1 g*£s».rL'escargot. Restaurant extraordinaire. (Our mcjnu is a gourmet's delight) OBEROI IMPERIAL SINGAPOfItV 1 JALAN RUM®A SIN(«APORE (H?i TELEPHONE NO /J/ltot* Owning Company Hind Hotets Internat»on»l Ltd 4 >!-■ -3P v vT r vj Try our Seafood 1 buffrt lunch served daily at 525 per person Reservations Tel: *****83 Sm86 words
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Advertisement190 1982-07-28 8 Sip anexotic cocktail under the stars. Al4 4T+<T Exotic tropical cocktails. Foodstalls serving delightful food from East and West. Tony Goto serenades most nights. And movies at 8.15pm on Sunday. m The Tradewinds. At the Hilton. A great place to be. fr r m i Eight fiery enteriatners In a190 words
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Advertisement115 1982-07-28 8 Whatever your taste, the Codmit Hotel makes it great. •r 3* Relax m an atmosphere o» For inform* m*au ar elegant day* gone by hoarted a Cockpit M Penanq Hoad. Singapore 0923 Tai: *****11 (20 lines) Cable. COCKPIT Tele* R*****6 restaurant Try our sumptuous delicacies from the Hurfan Province. Renovated115 words
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1191 1982-07-28 9 NEW YORK STOCKS STOCK prices closed lower on Monday and trading slowed to its lowest pace this month as investors moved away from the market amid disappointing money supply figures and poor corporate earnings. The Dow Jones industrial average slipped throughout the day1,191 words
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Article165 1982-07-28 9 SOYBEAN futures in Chicago on Monday clipped losses late to settle around the middle of a narrow four UScent range, down 3V« to seven cents a bushel. Prices edged off day's lows late following a rally in wheat, while follow-through buying by a brokerage house and active professional demand165 words
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Article179 1982-07-28 9 WHEAT futures in Chicago on Monday rallied late on short-covering and dried-up selling interest to settle US-cent a bushel higher in nearby September to up 5Vi cents in July. Traders said prices were easily influenced to the plus side late, as scattered buying interest met a vacuum of overhead179 words
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RAW MATERIALS
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Article163 1982-07-28 9 Cinsst tU: Bulk fob 194.00 sellers, old drum (in second hand drum) fob $10( 00 sellers, new dram fob $110.00 sellers. Cepra: Mixed (loose) $48.00 buyers. Pepper: Muntok white pepper fob AsU NLW $315.00 seller», Sarawak white pepper taq fob NLW $310.00 sellers, Sarawak special black pepper fob163 words
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Article142 1982-07-28 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa yam: China Blue Phoenix 20s 2,460 32b 3,030, 40s 3,310 (per bale of 400 lbs). PakMsa raw eilisn: LSS 6.00, 4F 5.95; 289F 6.10; NT roller ginned 6.00 (per lb). CLOTH in142 words
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Article295 1982-07-28 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 100 per cent second class 0.85, 100 per cent third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.77. THAI BROKEN: A-super 0.60, Special 055.295 words
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Article128 1982-07-28 9 The Kuala Lumpur crude palm oil market yesterday firmed on covering in (airly active trading. In August and September, south rose MJS to $667.50 a tonne and central the same amount to $662.50 in August. In October, south and central were traded up to 1667.50 and 1665 respectively.128 words
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Article905 1982-07-28 9 CDFTEE: Robusta coffee futures were easier mid* day, £14 to £5 a tonne below Monday's close in traded positions. After a lower opening in line with New York's easier close on Monday, prices traded in a narrow range. Most traded November moved in a range of £6. July905 words
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Article64 1982-07-28 9 THE STRAITS TIN price in Peuig yesterday continued to rale at the ITA fleer level ef M 129.15 a Idle, dealers said. The market steadiness stemmed frem the snppert frem the buffer stock manager who abserbed mest ef the dispesal. Turnover remained Ugh despite dropping to 391 tonnes64 words
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Article32 1982-07-28 9 Rubber: July 27 Singapore: Aug: 176.25 cent* (down 0.25 cent) Malaysia: Aug: 196.25 cents (down 0.26 cent) Tin: M 529.15 per kilo (unchanged) Official offering: 330 tonnes (down 56 tonnes)32 words
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Article64 1982-07-28 9 INDIA'S oilseeds production is targetted to rise to 12 million tonnes in 1962 from last year's 11.5 million. Agriculture Minister Rao Birendra Singh told parliament he agreed to consider a suggestion by an opfAsitkm member that current legislation be amended to ensure that imported edible oils64 words
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Article323 1982-07-28 9 RUBBER prices in Singapore yesterday closed slightly lower with August One RSS buyers quoted at 176.25 cents a kilo, down 0.25 cent from Monday night, dealers said. Freer offering caused prices to eased during morning trading but tome Inro buying helped to check the decline. The afternoon session saw323 words
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Article316 1982-07-28 9 HAS prices in cento per kilo yesterday: Noon (per kilo) Buyers Sellers tat 1 R.S.S. prompt f.o.b. 173.25 174J5N tat. 1 R.S.S August 178.00 17( 50 tat. 1 R.S.S. September 178.00 178JO tat. 2 R.S.S. 170.25 172J5N UK/Coot 189 25 171.25N tat. 3 R.S.S. 1(2.25 164.25N UK/Coot 1(1.25316 words
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Article92 1982-07-28 9 NOON SSI and SMR pricaa jm lordajr BAS ICVTHI M tMtfc) toilers Bfpttobcr (Forward Mtfc) SSR 20 SSRSO MRELB (1 too poll«) (ltoo polht) 158-40 156.00 159 JON 157.00N 159.50 187X10 ISO 50N 158.00N OJ^O28S lilllli (1 -too palWt) (l too polWt) (l too poOx) (1 *too92 words
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Article115 1982-07-28 9 SOME slight easing in nickel values during the next three to four months could well be seen ahead of a firmer tendency as we cross from 1982 into 1983. Trader Boustead Ltd said this in its latest quarterly market report. The report notes that cutbacks,115 words
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Page 9 Advertisements
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Advertisement57 1982-07-28 9 m. Where taste still matters. The elegant restaurant in the heart of the financial district serves cuisine franqaise exclusively. For Luncheon, from 12 noon 'till 2.30 pm... and for Dinner, from 7 pm 'till 11 pm. For Reservations, telephone *****66. On the sth Floor of The Octagon, 105 Cecil Street,57 words
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Advertisement393 1982-07-28 9 he laos of fine f00d... l(Pjeoa( Swiss Continental Restaurant G»Mni PhtrniU Sichuan Restaurant KAMPAWT Japanese Restaurant Gokkn Phoeni* World Trade Centre Sichuan Restaurant KAMMCfff World Trade Centre Japanese Restaurant fr-j m no A A .v i... iir* 2 V T t V .4 L 2* A UJL HI A truly393 words
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1210 1982-07-28 10 BID aad offer prices ofltrtally feM aad bariiM ta aad reported to the Stock Eackaafe o( fWafjinri yesterday, with the number of dam traded au»i to brackets ta lots of 1,006 units, unless otheiwlse nCTION ONI INDUBTEIAL COMMHtCIAL AMIS (23» U18) (2)1,210 words
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Article137 1982-07-28 10 Ik Cotnmerc* LT1 2 85 Diamond'"**' VZStXSSS H? J"g S-paP.W(Ua«) on MT S port nag Fund Lit LTT n in S pot* 8k. rw LIT LSI (June) S'par* Irart Fund Mi l.Mxd S-pore Equity rood LIT LSI <8S5|3«S» inwii— Band Ml LM Muummr (MIIHIII' prim tor My S)137 words
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Article2751 1982-07-28 10 1 Hick MI > Low Csm>ny Last Sale Gr's Dhr Dhr Cn Gr's TM Net P/B 1 Vol POOO) Day High Low SECTION ONE INDUSTRIAL A COMMERCIAL 380 233 3M 330 141 2B1 480 330 247 104 240 310 n 171 203 240 Acma Alcorn Allied Choc2,751 words
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Article1220 1982-07-28 10 BID aad offer prices listed and tBtOBB in and reported to the Kuala Lumpur Stock Rnrhsme yesterday, with the number of dura traded shows in brackets in lots at MOO units, unless otherwise specified. MXIRtUU IM (IMB 3.US) (M) 130 (B) 112 (2) 3.10 Ijr (3.106) Atmm1,220 words
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Article187 1982-07-28 10 PHASES A Neave Limited: Eighty-third AGM to be held at the OCBC Centre (19th Floor), Singapore 0104 on July 29 at 11 am. HWA Hang Maaafactarlag Cempaay Limited: EGM to be held at No. 29 Jurong Port Road, Jurong Town, Singapore 2261 on July 29 at noon. BUKIT187 words
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Article698 1982-07-28 10 SIABE prices saMuhud m&ĔĔm the Stappm itMk aarket ymtorday petalslaaMhree «ays d trsdtag ea aa eheearagtog aete, wtth prices at iksat wjr sssrrsair' 99 u Activity alee |iilwil dewa. With seme aharaa taklag aa aa easier Uas, the 98Mai Ista gave ap IJB petals te698 words
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Article524 1982-07-28 10 SHARE prices finished mixed with an easier bias on the Kuala Lumpur stock market yesterday in another round of sluggish trading. Prices opened at below overnight levels. Apart from a slight rebound in selected counters towards the noon close, values were generally softer for a524 words
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COMPANY NEWS
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864 1982-07-28 11 NYT FOR MITSUI Co, the trading giant that traces its history back more than 300 years, these are not happy times. In recent years, it has been scarred by heavy exposure in Iran. Last Wednesday, it pleaded guilty and agreed to payNYT - 864 words
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Article, Illustration491 1982-07-28 11 Reuter THE MELBOURNE Herald made an approach recently to buy the struggling New York Daily News, but was turned down, the paper's owners said. A spokesman for the Tribune Company of Chicago, which owns the Daily News and unsuccessfully tried to sell it earlier this year, saidReuter - 491 words
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Article195 1982-07-28 11 ■ONO Leaag Credit BM has appointed Datuk Khalid Ahmad bin Sulaiman to the board. ULU BENUT rwilMilil pointed Da to Syed Ahmad JamaluHl bin Syed Sohor Jamalulil as a director to replace Mr Mohd Ibrahim bin Mohd Zain who has resigned. DUNLOP Estates Bhd has announced the resignation195 words
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734 1982-07-28 11 CHRIS LIM - Market' Talk... By CHRIS LIM IN SPITE of the expected slowdown in profit growth, Sub Hung Kid Securities (Pte) Ltd (SHK) has recommended several banks for medium to longer term investment. SHK, the locally-based subsidiary of Hongkong broking firm Sun Hung Kai Securities734 words
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INTERNATIONAL STOCKS
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Article188 1982-07-28 11 JULY 28 Francs Action* Sulaae* Alusulsse Br. Alusulsse Reg Brown Bovert Br Clba Oelgjr Br 137 H Ml 141 MO 1240 unch •1 41 410 unch Clba Oelgy PC 10B Clba O*!,, Rh stT Credit Suisse Br 1«10 Credit Suisse Reg 310 Elektrowatt Br not unch 42 -5 unch188 words
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Article120 1982-07-28 11 JULY a Pta abm mm *j Ahold WJH 4-1J» Akao AMBV BjH unch U -1 h 44.40 41 &JOO 41 97.10 +0.1 90J0 -1 KM 4« MM unch ***** *11 WJ» 1.1 AM unch fokkcr Ford M 0.4 4m MH»ii n> in ii iB OUUJTOC U -0.4 tut -CI120 words
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Article221 1982-07-28 11 JULYS' CORB m nut Alr-Uqukte B 8 N Oenrals DUMXM TO Uf» >U C 8 F (TbomsonCaS). Clc Francalae dn Pctrola IS MJO u -01 Conpifnk Cmttt Poocfter 361.30 4U Hachcltc (Llbralrte) «tso -13 Mfhtn— Bull 30 •U nil fciim (■> (11 uncti Ptrttea Pachlnay Clglne Kuhlm»nn P>IMcot UIM221 words
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Article168 1982-07-28 11 JULY V Dm Ae«-Tele run ken Akn mm 33 20 1 Alls Ltbtn Alls Vars BASF 119 JO 04 Bay H T Wbank Bay Vbank Z 110j09 4-0J BBC BMW Z 2MJ0 1 CasseUa Chen Verw Pnm iwfthan k 134 JO 1J Conti Oummi SO JO -04 Daimler-Bens rtegMMA168 words
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Article408 1982-07-28 11 HONGKONG STOCKS yesterday closed near their day's lows extending Monday's losses, mainly due to a lack of reaction to recent interest rates cuts both in Hongkong and in the US. Share prices eased in line with a lower Wall Street closing, with blue chips under pressure. The408 words
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Article304 1982-07-28 11 PRICES weakened yesterday, reflecting the yen's setback against the dollar and the overnight decline on Wall Street, and trading was restricted by the deadline yesterday on margin trading for deliveries due this month. Textiles and machineries rose, but construction companies, oils and the second market fell.304 words
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Article77 1982-07-28 11 JULY n Acatt Mining Anglo Phil hm MM -UM MM unch Apra Mtnlnc B Alia* Coo a MM unch BaociMtCoa. B cS »M «U IM -Alt rim ptui hmh MO -U Lrpanlo B Mmnduqt* B UO unch Maxsteel ***** unch Ontrui B M>ll Ut -«j»l Phltei P aim unch77 words
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Article86 1982-07-28 11 JULY 36 m FORWARD MARKET 450 41 Arbfd ion -12 Astur 374 •fit Brmacmn IM 2 Bra-Lamb ISM 6 ion unch Offfll 140 -I De Btan 213 3 Ebes 1606 4 25 Electrotoel 4100 unch Gb-Inno-Bcn unch fw. 1730 10 Hobo* 3130 -6 Retro 4430 430 Ryl Dutch 1.10086 words
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Article104 1982-07-28 11 JULY SB Lire Basto(l KX> -IS mn ***** *st0 Cenlrale Ord UK 1M Cond Acqut Roma MS unch Erldania MM 300 Flat Ord IMS m Oenerall *****C 2HH aim B06 Ifl Prt» XBO 110 Invest 214J 4 40 Italcetnenu Ord 230M 4 ISM ftalfaa 130 4 10 Lepetlt Ord104 words
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Article397 1982-07-28 11 PRICES yesterday closed mainly weaker although the industrial sector was generally firm. The Ordinaries index was 3.2 points off at 475.0 and the resources index 6.0 points down at 355.2 while the industrials index was 0.2 points up at 622.8. Brokers said the market was influenced by the weaker397 words
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Article153 1982-07-28 11 SHARE prices yesterday dosed generally steady in quiet trading at the Securities Exchange of Thailand. The Book Club index dropped 1.27 points to 93.12 on turnover of 11.3 million baht. Bangkok Bank, Cement and South Asia Fibre closed unchanged at 208, 205 and 72 baht respectively. Industrial Finance Corp153 words
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Article219 1982-07-28 11 JULY 20 CI AbiUM 17HB Alcan 244 Alfnvna 2S4 Bank Mont IIH •4 Bank Nova Scotia 234 -4 Bell Tel 17* 4 Beth Corp BP Can Ltd 234 .4 B rase an 15*4 +1 Camp Red Lake 15 unch Can Imp Bk 114 unch Canpac 264 unch Canpac Inv219 words
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Article290 1982-07-28 11 JULY a Rand INDUSTRIALS A Alpha Abercom IB ♦4 unch AE And CI AMIC Bartow* Cg Su(ar rtiA Currte Finance De Been Ind Ed con an MOO KO 1450 MOB 230 •10 -50 10 -s Ed (an Eve ready Fed Volk MOO JSC unch unch Puftt 210 unch Oardlan290 words
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Page 11 Advertisements
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Advertisement58 1982-07-28 11 Is your organisation considering COMPUTERISATION or PRODUCT DEVELOPMENT If you are, our American Experts are in town to disct^ss -implementing computer based systems in service oriented or manufacturing concerns product development projects concerning electronics products Please call: MANAGEMENT SCIENTIFIC LOGISTICS PTE LTD Suite 919 9th Floor Parklane Shopping Mall Tel:58 words
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Advertisement123 1982-07-28 11 PRODUCTIVITY CONFERENCE FOR MANAGERS DECISION MAKERS listltita if M—|MWt Sarvteat (S'ptri I Presents Asia Pacific Caafaraaca m MANAGEMENT SERVICES THE KEY TO HIGHER PRODUCTIVITY 19-20 August 1982 Hotel Equatorial, Singapore LH'i 33 '3 HI 1 I J Keynote speed) by Dr Wang Kwai Ctamg, MMstar of State (Labaur) and Chatman,123 words
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Chief Price Changes
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Article154 1982-07-28 12 Rites Shangri-La SthM.ialad La—g Hul H UouCndit Gatfcrie M Raaoorcea H Ii«ob( Fia Nat Iroa 8 Finance Iatl Traat r H 8 Mai* Falls D Ktruiat M Ceaeat Keck 8eag 580 310 aao 400 380 174 880 825 454 245 158 570 330 310 10 10 10 +8 +8154 words
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Article, Illustration154 1982-07-28 12 SHARES tined easier ii relatively quiet tndtac m the Stock Exchange of Singapore yesterday. The Straits Times Industrial Index flnttihrd ZM points tower at IMM while the Business Times Indicator sf the day's 10 mest active counters tost W points to *****5. Rises Indices SMInd 344 +16 Lien154 words
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291 1982-07-28 12 THE Herts Carparattea has appelated Sime Darby Barvfeea Pte Ltd, a whißyMMd nWdaiy d the la Sbgapare aad Brand. IMb ievetofeat feUana deeety the amtatesrt d Pernas Stane Darby, a 4» Ceent owned wiriste Saw Darby grasp, la May to handle Ms IhacMii la291 words
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Article734 1982-07-28 12 THE LONDON stock market yesterday was unsettled by rumours that a leading UK engineering firm, TI Group, was in difficulties, and leading shares moved lower, dealers said. At 3pm, the Financial Times index was down 13 points at 560.3, with (alls among engineering companies accounting for a great734 words
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Article, Illustration299 1982-07-28 12 CHOO AI LENG - sar 8 Companies Editor: Mano Sabnani I By CHOO AI LENG KEPPEL Shipyard has bought a 99 per cent interest in a deposit-taking company in Hongkong called Solid Pacific Finance for HKJ23.4 million cash. The company, with a paid-up capital of HKgiO million, was299 words
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491 1982-07-28 12 HARRISONS Malaysian Estates, which is currently subject to a takeover by Fermodalan Nasional Bhd, has ended the past year on a better-than-expected note, in spite of a rather weak start in the early months of its 1981-82 AmhHhl year. At £22.57 million491 words
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Article50 1982-07-28 12 FINANCIAL TIMES INDUSTRIALS Monday 573L3 Friday 578.2 Week Ago 90SjB DOW JONIS AVERAGE INDUSTRIALS Monday 82S.44 Friday 830.57 Week Ago— aafclO HJLHANG SENG Tueeday. 1254.47 Monday.. 1271.12 Week Ago 1300.96 AUSTRALIAN INDUSTRIALS Tuesday 622.8 Monday... 822.6 Week Ago 615.1 ALL ORDINARIES Tueeday 475j0 Monday- 47 Week Ago 462450 words
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Article54 1982-07-28 12 AP THE NEW YORK Mock market flpttwHf —t—i NMnhjr amid ommn ower the coon* ot US tntereat rales aad the American economy. The Dow Joan a wage op OJI poiats to 135-73 In Ike Drat half hoar, but mare than three stocks fed tor ewry two that roseAP - 54 words
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Article98 1982-07-28 12 GENTING Bhd has formed five new companies, three incorporated in Singapore and two in Hongkong. The three in Shgapore all have an iaued capital of $2 each. They are Genting Equities (Singapore) Pte Ltd, Genting Investments (Singapore) Pte Ltd and Genting Resources Pte Ltd.98 words
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COMPANY BRIEFS
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Article27 1982-07-28 12 has an- nounced that as at the end of June, 1.21 per cent of its issued share capital is in the hands of foreigners.27 words
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Article46 1982-07-28 12 has announced that the net tangible assets tmHHng per ordinary share as at June 30 was $1.20. Assuming full conversion of the loan stock into ordinary shares of the company, the net tangible assets per share would be $1.15 as at June 30.46 words
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Article32 1982-07-28 12 has announced that as at the end of the June, 10.56 per cent of the issued ordinary share capital of the company is in the hands of foreigners.32 words
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Article30 1982-07-28 12 has announced that as at the end of June, 5.31 per cent of the issued ordinary share capital of the company is in the hands of foreigners.30 words
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Article28 1982-07-28 12 has announced that as at the end of June, 15.07 per cent of the issued ordinary share capital of the company is controlled by foreigners.28 words
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Article411 1982-07-28 12 MALAYAN Cement's earnings in the first half of the current financial year have leapt sharply ahead, thanks to better contributions from the group's operating companies. Unaudited pre-tax profits of the group for the six months to end May 1982 rose by nearly 64 per411 words
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Article126 1982-07-28 12 MALAYSIAN Resources Corporation Bhd (MRCB) has appointed a branch registrar in Singapore. From Aug 1, MRCB's branch registrar and share transfer office will be at Clifford Secretarial Services (Pte) Ltd in 1901, Clifford Centre, Raffles Place, Singapore 0104. Shareholders who want to transmit their shares through the126 words
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Page 12 Advertisements
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Advertisement250 1982-07-28 12 DEVELOPMENT PROGRAMME A Residential Programme SEPTEMBER 6 22. 1982 GOLDEN SANDS HOTEL, PENANG. MALAYSIA. Organised by the Asian Association of Management Organisations (AAMO) and hosted by the Singapore Institute of Management, this programme is intended for executives drawn from the middle and upper levels of management and conducted in a250 words
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Advertisement160 1982-07-28 12 It grows as your office grows, fits into odd shaped rooms, arid changes its design as you wish. Heuga: Carpet tiles extraordinaire. Start with convenience. When your company grows and the office expands, you avoid a lot of headaches if yours is a Heuga carpet. In 50cm squares, Heuga carpet160 words
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Page 12 Miscellaneous
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Miscellaneous51 1982-07-28 12 OUTLOOK for Singapore today: Fair. Repert tor U tears prior to 7J9 pm m July 27 atthe alrpui: Maximum temperature 32.7 Associated humidity 42 Minimum temperature 26.4 Associated humidity 83 Hours of sunshine 9.15 Rainfall in millimetres Ml Total rainfall for the month 76.3 Total rainy days for the month51 words
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SHIPPING TIMES
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216 1982-07-28 13 AFP HONGKONG aklppllg magnate YwKwg Pa» ku predicted that the correct gMtl shipping remstoa might last a few mare yean. 8b Y-K Paa, ehairmaa •f World Wide Shlpplag, la aae af the wealthiest mea ia the warld. "Aay race very will depeadAFP - 216 words
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Article, Illustration562 1982-07-28 13 G DURAIRAJ - By G DURAIRAJ A TOTAL of at least 2.5 million tonnes of exports from Peninsular Malaysia which is expected to pass through Singapore by 1990 can be diverted to Johore port. This includes the diversion of a large volume of crude material,562 words
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PORTSIDES
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Article73 1982-07-28 13 Reuter THE INDIAN Shipping Ministry is considering a law to compel Indian shippers to move 40 per cent of their cargo annually through domestic vessels, a ministry source said. The ministry is discussing the proposed law with businessmen, exporters and shipping agents. The source said theReuter - 73 words
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Article57 1982-07-28 13 Reuter CHINA'S Dalian Shipyard has launched two selfelevating oil drilling rigs for Baker Marine Corp of the US. The rigs are the first of their HnH to be built in China for export to the US. Each rig, built to American Bureau of Shipping standards, is 165Reuter - 57 words
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Article737 1982-07-28 13 irh»itma>w vra 1 aim vm 1 Alfred CT VI I Alhraaa vn 4 A»*c Aotara Bhpg AFC Line VI s X 1 X 4 TT 1 API. Argentine ASCL iA m i/i IV 4 m l ASL Coot AHm V VI s VI 4 AUu LHa Aiatrmllu737 words
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220 1982-07-28 14 LONDON pilotage charges are to be cut by nearly one-eighth from the beginning of next month. Trinity House found that increased rates, in force since the beginning of the year, have been bringing in more money than expected, so the authority is using the220 words
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664 1982-07-28 14 THE government-owned Philippine National Lines has defended its chartering of foreign vessels by citing the lack or absence of Philippine-flag vessels of the size it requires. In a press statement, PNL's president, Colonel Generoso F Tanseco, said the firm had secured waivers664 words
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Article771 1982-07-28 14 AFP FREIGHTS rates, already at their lowest since 1978, were further depressed last week, although there were some signs emerging that a technical rebound could take place in the market. A large number of vessels have been laid up recently, and it is now becoming more difficultAFP - 771 words
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Article1814 1982-07-28 14 CHARTERING was extremely quiet on Monday in all sectors of the freight market with no recovery evident in freight rates. The slightly lower level of U5512.30 was paid for grain from the US Golf to Japan. A 70,000 tonner from the Gulf to three ports Mediterranean paid $7.60,1,814 words
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Article211 1982-07-28 15 PTC MAJOR shipping conaortia operating beSST" EM»/Europe, Far East Persian P«*t«/Anstralia, Straits/Japan iM tne Hues: AC* (FA* KAST/eusop*): Franco Belgian Service*, i. "K" Line Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang swpp^g ANB© (BTKAITB/ AUBTKAUA): t. f Australian National Line. Australia/Straits Container Line. Nedlloyd211 words
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430 1982-07-28 15 FRENCH shipbuilders are asking the country's government to increase aid to French shipowners. This will enable national yards to maintain their production capacity until the expected upturn in economic activity forecast for 1983. The French Shipowners' Association annual report issued recently said that 1430 words
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Article, Illustration590 1982-07-28 15 THE second phase of a study into the economic feasibility of tankers carrying fresh water ballast has been completed by the International Maritime Organisation (IMO). Conducted on behalf of the Libyan National Academy for Scientific Research, the report is being considered by the Academy's Environment590 words
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4368 1982-07-28 20 SCHEDULE A guide to strips loading at Singapore tar 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 of4,368 words
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Article612 1982-07-28 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO GodownsFCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Location Ever Promoter 97-55W 29.7.82 1000 Green Asia 49 1300-1400/1800-1900 N4/N4 Glory Ace 23B 29.7.82 1200 Orient Lloyd 49 0700-0800/0600-0000 Sl/Pl 1900-2000/2000-2100 Sl/Pl Tambang VII 7406 29.7.82612 words
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Article1626 1982-07-28 21 WHO ACTS FOR WHOM The leading shipping lines operating from local ports and their agents. A B 111 i II» I Mpg Singapore Shpg Corpora Hon (S)Euro-Aaia Line (PN/KL/PK). i*Me CmMmt OHU Pwdui (S)/Owgo Freight (PK). AFKA Singapore TMupiag CorporntM (S)/Bn-A*Lit (PK/PN) IMmit Lte Tranagroup Pie Ltd (S). A 11,626 words
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498 1982-07-28 22 Reuter THE USSR will almost certainly buy a large proportion of its continuing heavy grain imports in 1962/83 privately from the US if there is no agreement on a new or extended long term trade pact between the two, said LandellReuter - 498 words
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Article162 1982-07-28 22 Reuter ISHUCA W AJIMA-HARIMA Heavy Industries Co Ltd (IHI) said its consolidated net income for the year ended March 31 more than doubled as the shipbuilding division made a profit after recording a deficit in the preceding year. Net income rose 110 per cent to 15.69Reuter - 162 words
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Article398 1982-07-28 22 AT CONVENTIONAL WHARVES Vessel KEPPEL WHARVES Berth Agent Arrival Departure Chao Yang Cherry Orient Equator in King Pearl Merc Ruhunu Benjamas Kota Cempaka Kota Pahlawan Lampung Pateverett Tal Shlang 45 31/32 22 23 24 1/2 10/11 12 31/32 5 23/24 Y Fung Lian Soon Thong Soon Guan398 words
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Page 13 Advertisements
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Advertisement362 1982-07-28 13 Everett Lines fO* TMf MOST FMQUCNT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHTTAGONG CALCUTTA CHALNA •RANGOON BUENOS ARtS •MANZANLLO ACAPULCO Everett Steamship Corpn. S/A Centre Singapore 1 Te) *****/9 36 Beach Street, Penaof Rm 36 103 OCBC BUc Tei *****/2 Pert Mi *—ito Hafraow t C/otfeM. let" 3*701/4 wm362 words
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Advertisement261 1982-07-28 13 SEALORDH UASC UNITED ARAB SHIPPING CO SAG. EXPRESS MULTI PURPOSE SERVICES [ESI Loading for Dubai (6/9). Abu Dhabi (8/9). Dammam (10/9), Kuwait (12/9). Jubaii (14/9) FULLY CONTAINERISED SERVICE Accepting La carpi for Dubai. Kuwait and Bahrain STport I Loading for i V 22 30/7 I Mma Qaboos (7/8), Dubai (8/8).261 words
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Advertisement420 1982-07-28 13 WfllCHfS Of SWITZERiANO Plf LTD MAERSK LiNE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS osiGaaEnsacmatzsaaEE SaM 2-3/1 10-11/1 16-17/1 24-25/1 30-31/1 7-8/9 13-14/9 ri v. i I ri i' 11 n urn 2^ESS3dvEC3ESI3Ei22I TO: BELGIUM, HOLLAND. U.K., GERMANY, FRANCE, SCANDINAVIA. AUSTRIA SWITZERLAND 8 "pore420 words
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Page 14 Advertisements
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Advertisement585 1982-07-28 14 Mi FAR EAST/EUROPE CONTAINER SERVICE Contorxr Service 13/8 JUTUNOM 17/8 20/8 8. PERMAI 24/8 KMCI 3/9 NHON MRU* 10/9 K OCLFT 1) Barcelona, Genoa. 2) Amsterdam Antwerp, I Howe, Basic. UK, 3) Bremen. BrcMerhaven. Aarhos, Copenhagen. HriMfei 4) IMm, Stockholm, Oslo. •Accent Europe carpi tor leader na Vpore. *Atoo And585 words
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Advertisement273 1982-07-28 14 Y.S. LINE """SKjssr"" USA/CANADA MIDDLE EAST CONVENTIONAL SERVICES 1 Pan Asia Line; ltd. CONTAMER SERV»CE TO/FROM JAPAN A TAIWAN AGENTS SUNSHIP AGENCIES PTE LTD .1 f 3 Mmr OMice *****22 (5 linet CFS Tifmioiil ??148:*9 *****86 OPTORG CO (M) SDN BHD I P F L ANG 3«:0C1 <2 P jAY273 words
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Page 15 Advertisements
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Advertisement734 1982-07-28 15 OCL The Straits I Steamship Group Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Bmnal Porta and Bangkok SMGATOK TO CONTAINSRSHIP SERVICE FROM UK CONTINENT m—OK Vl2 Bait. Iftn raus in sum mkr light vis k bcm am STM m K hw OH IM734 words
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Advertisement401 1982-07-28 15 F[g Franco Belgian Services I !''./<» l'l ri t- :r}■ i r 7 11" y cmnw Jim MCMOM Sh U»«t r*a irtof rttmo Caap >• 23 2« A* 2t OBMCONTABO *J« 15 £J« 2% »N 31fc« KOREAN JACEWOH i<& .2£! *!tL ".SL l!* ,k 4S »T* GARNET ■m >■£! I?SS401 words
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Page 16 Advertisements
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Advertisement523 1982-07-28 16 'i !0 UATia NT ll» 23/S 25/1 30/1 1/9 t/» l/l 15/* 17/ i ?7/» a/I 30/1 3a 4a C/ 9 10a na i3/i »/9 a/i 22a wa aa *a s/io «/io s/io Ina i3a i/io 3/10 s/10 t/it CABoBt#l/*$T MOCS m Han** '0 HDWRM* W W S-p« r. Manf523 words
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Advertisement371 1982-07-28 16 m 179N/IM 29-31 Mr \l*m ATM 179N/1M WtaWM IMI A* 21/27% M CJ* 44ta| ISA* 1920 h| 31tt A* RtLV CXWTMBOa TO/RON NORTH AKMCA NOT/CAST COASTS tt Ma NIC OB) M CMb 29/1 31/1 in s/9 cn in a n 13n un it/* iv? 21 n an 25/1 20/9 */9371 words
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Advertisement285 1982-07-28 16 EVERGREEN LINE FAR EAST FUR Oft CONTAINER SERVICE nccßim Fa a ta cmeo rat MB Ml Hi mm Ml IMP iw w j/i ivi tift a/i n/i i/i 1:121 >v» m/i a* vi 1/11/11 vi u/i a/» IVI IVI 17/1 N/9 a/I mem w/fa fo/fu a 1 'iVa FUROPE FAR285 words
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Advertisement647 1982-07-28 16 Everett Lines > \M| Fivt Star Shi»p«t C»rp«. W "BURMESE NATIONAL LIN 1 LOADMG FOR RANGOON 2/T% B 1 99 m w*m »m» wtkfi mi*m B F S.S C Agarrti n Motoytia BOUSTEAD SHPWNG TEL NOS KL 41W44/4I73B7—KcELANG *****1 PENANG j Or Ite——• Iwnitnul *****1/B.f rrim i'i "ARGENTINE NATIONAL LINE"647 words
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Advertisement199 1982-07-28 16 MIMI A AA«V 9WAJ &Of 190G SINOSE MARITIME PTE LTD SANKYO LINE janm/snuiTs samcc —»—mwib k tmmn tnivt m jM7H/j/7ai Himwiß ie trm tut» SL//V UNION LINE munim VSSSSm mm east Mininii MCNMftCSTO IM: M-973Z/I/7ZSI KYOWA LINE TO PAPUA NEW GUMEA/SOUTH PAOFIC Cvp xaptaMt at S>ar» at tod nAw. jeLaMm/T199 words
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Page 17 Advertisements
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Advertisement530 1982-07-28 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) Ir-vu TfiJ. >,;■ KOTA OANAOAT CTW/22E 3oSl/« ifitf 7 14/1 I 11/> M-2S/« KOTA OANABAT 90-i/2f 5 7/# 14-16/9 10-19/2 21-22/9 2-3/10 KOTA SAHABAT Sw/SI 27-20/10 30-21/10 10-11/11 «WMI 31W/32E 10-17/11 22-24/11 1-2/12 5-0/12 0-0/12 1040/12 HOOBOAH530 words
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Advertisement245 1982-07-28 17 'i. t t±-Mi LINES, INC. IRECT SAILING TO SATTAHIP AND BANGKOK uu. STA ETD ETA SPORE 31/7 3/1 PISCES ETA SPORE 11/§ 14/ i GENERAL AGENTS: MANDMM IUtITBK (SMWOK) PH LTD TEL: *****50 (3 LINEB) *****7* ="Nl 13 PL] P.T PORODISA RAYA REGULAR MDEPENDENT SERVICE ACCEPTMG BULK. BREAKBULK i CONTAMERS245 words
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Advertisement598 1982-07-28 17 V i Ml BEN LINE CONTAINERS. fniilitfap WiS, rpM P uwi MM hit w vi 11/ l li/t wt nn a/i v» v* 11/1 ivi M/ 1 a/1 m smce to/fun awe *>«« NMMK sotoi S" 6 Franca MUJ un iw an 22/1 iv< w a/i a/i a/i w w598 words
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Advertisement436 1982-07-28 17 Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE I MO I MEUTIM 10/7 MX 91 21/? I POMtt iWTWISiI i t i ST* 4/1 5 1 IMU 11/1 I I 10/1 1? I I KMC* 21/1 I DMU 77/1 f >a i7/i M I KUD 77 ft t«2S/I ?V/I I WW A.436 words
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Advertisement403 1982-07-28 17 4 'i '4' l" If A I V "t y BOUSTEAD SHIPPING AGENCIES SPORE R OAM HULL HMIG COtAiAMK 30 Sap 26 Oct 29 Oct 02 Nov IVYBANK 04 Nov 30 Nov 03 Doc 07 Ok Lykes/ Lines UX OIF MRECT SERVICE swan LYRES DELHI LYRES JOHN LYRES ft rfi403 words
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Page 18 Advertisements
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Advertisement874 1982-07-28 18 T.timpi KAWASAKI KISEN KAISHA, LTD. NEW YORK/E. CANADA EXPRESS CONTAINER SERVICE K. POKER VlO 30 M INttN 7 ASM SIM VI 13 A* 11% 12 S«pt II Sapt 14 Sapt 23 At* 19 S«pt 17 Sapt 30% 26 Sapt M Sapt 21 Sapt Mecah nUBM (17Sapt) MLIMK (a tat) MRU874 words
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Advertisement41 1982-07-28 18 E CHAR CHING MARINE CO LTD CfJJkMI RED SLA FULL CONTAINER SERVICE RED SEA/MEDITERRANEAN SEA SEMI-CONTAINER SERVICE CENTRAL AMERICA AND CARIBBEAN SEA SEMI-CONTAINER SERVICE FRATA CONTAINER LINE i FRATA M FRATA SHIPPING PTE. LTD nr r IAPAS s'BJiTS O'HF T Sf«.lO41 words
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Advertisement226 1982-07-28 18 l«N» aMm 41k IBk lite taa/Nt. "W5 Sttw*. IVlt* UiMMMi am >m km WEST ASM CMi SERVICE »7» A* z?!S%s^*eOw2 AFRICA SERVICE s*pm pjmmi P«MIII LM* 25/2# 27/21 »/30 %*m»• km IS ij»? TTSS JfcH 43* i« nmtm »sm asm SAUDI 111 LINE Regular Conventional Ser^if TL TRANSTIMBER LINE BULK226 words
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Advertisement274 1982-07-28 18 r KORINS MARITIME SERVICES"" MIDDLE EAST/RED SFA/'EUROPE SERVICES t Hyundai' Shipping <>. lul. \M Ml |<( i i m \|<|\ SEM-CONTNNER SERVICE NUtalUgeNr '*5 I UNIVERSAL FREIGHT SERVICES "i GOLDEN LINE w mm same (mi in m \m Pin 111 MA- M C«d Ikwt mm it* m mim ul uo>274 words
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Advertisement322 1982-07-28 18 INTRASEA (PTC) LTD BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER SERVICE TO EUROPE UK in 1 k t Vr*ti Mnt/T*M/LjUUi/T»tM/ TP F E* SLS? Aa */"V Mm Bi U fat M ht mmaim umvk* ikn 7s*t nam um 1 ahnrvM 21*27*1 *t*t 7*o mm um 1 Mm i«* (s* us*ii7i*t 2a322 words
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Page 19 Advertisements
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Advertisement539 1982-07-28 19 fOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C PAUL S'pore Closing Times: FCL Cargo 0600 30/7 La Cargo 1800 29/7 FROM EUROPE (VIA SUEZ) C CONTAfO 16£... K JACEWON Ml N GARfCT Iff MEKCATOR 2ff K lACEJM IS HK CONTAMER 31E. TO AND539 words
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Advertisement284 1982-07-28 19 MALDIVE LINES Loadmf For Mdah/FTS Jaddah/PT Sudan MAUJWE WURKATOR 10/8 LoadiM Far Dubai MUM AMASSADOR loadmf For Hodariah MALBRIE PRMLEGE Saded Oscharpni trow Taiwan And LoadiMFor Madras MALORIE PUREE! Sadad LoadMi For MUSCAT/DUBAI/ MMMM/KUWMT MAUNVESEA 7/8 Load* For KARACtfI/DUBAJ MAUNE PROGRESS 7/8 Loadm For JEOOAH OCEAAGLORY In Port Loadmc For284 words
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Advertisement507 1982-07-28 19 SINSOV SW6APORE SOVTT SHTPMG CO PRIVATE LTD SMSOV was 55, IMut SM Shmri MM IMw Mn *****3 (15 Ums) CbMb M*ns SMSOV SMGATORE TiiMnKS 213S8RS ***** RS 2SIOS P. BW M/S SMRRUT MN MM ML M. IST AND 2ND FLOOR. MESSRS NM INONB SMPPBK 23 Wdd Quay Pew*. NO. 1.507 words
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Advertisement72 1982-07-28 19 SOON KIAT SHIPPING PTE LTD 190S I 1906 19tt flf. Shoitori Hoot. 3 Skntoa Way. S pore OIK T**Mt 22QS0H (S Lmcs) ft 220R3S Tele RSXI99 SKSHT i W r «t J I**^ DIVISION OF IMI TNT NOMJNMDE GROUP OF COMMNES REGULAR FCL AND LCL CONTAINER SERVICE TO: Sydney, Melbourne,72 words
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Page 20 Advertisements
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Advertisement693 1982-07-28 20 S S C Croup SINGAPORE SHIPPING CORPORATION PTE LTD "I a Vnm r n •jnw lloiitaiiier Unos 2 SAILINGS A WEEK to/from BANGKOK BERTHING EVERY NOON TUESDAYB, SATURDAY S/\GAPORf: ISLA NDS LIM /z. MIDDLE EAST REGULAR LINER ■M DSRLINES EXTtESS SBB-CONTMCR SERVICE F« Emr PUam S pore PMem Xtm tftaff693 words
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Page 21 Advertisements
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Advertisement28 1982-07-28 21 General Survey on duund cargo discharged ex the above kml will be held on »tfi July IW2 from a_m. <No> further survey will be held after this date.28 words
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Advertisement142 1982-07-28 21 NOTICES 25 Wtfr J i 5 :11 NAME We, Sinbaltic Pte. Ltd., of Unit 2103, 21st Floor, Golden Mile Towei*, Beach Road, Singapore 0719, hereby give notice that in consequence of our intended change of name of the motor vessel "Hapag-Lloyd Express", we have applied to the Registrar of Singapore142 words
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Advertisement398 1982-07-28 21 EGYPTIAN INTERNATIONAL line Ell EGYPTIAN FLAG S SHIPP Nf, P'f ip h H M Vlr Rhrt «t 'c f>rjn| 1» R» APC LINE W(.M I W I'l K I \M H < (>Sr\l\l R 1 IN! FULL CONTAINER SVKATOK/JAKARTA (Tt PRBK) CAHA'A SAM(W»f RA P!f I ll♦ f J STRAITS398 words
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Page 22 Advertisements
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Advertisement372 1982-07-28 22 1 HAJ SHIPPING viu SDN. BHD A BINTULU CONTRACTORS SDN BERHAD 37 p jck*>tjn RoivJ Kixhuj Sjrjwjk TH b/ 7 6 3 ?oS6fc Eiprass Car-Cartir/RO-RO Service to East Ihlijii P Ketone Loadmg tor m. 1V: 12/12 vt/t2 KUCMK/SaU/KK NO. 1 V-.11/S2 19/8/82 KUCMMG/LABUAN/10 NO. 1 *14/82 2/9/12 KUMMK/W/U (Accepting vehicles/cargo372 words
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Advertisement169 1982-07-28 22 LINES MAGNA MARINE r MAGNA SHIPPING PTE LTD 11th Floor, MNB Bufcfing SINGAPORE 0106 TEL *****66/ *****00/ *****37 TELEX: R*****8 "MALJNE" i FOKTUNA CONSOLDAHON SERVICES PTE. LTD. £.1 (M COOP WITH THE A. HARTROOT GROUP) 1 06 13/14 MAXWELL HOUSE, TEL: *****44 (5 Lines) 1 TELEX: R*****4 FOTUNA KGULAR Fa169 words
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Advertisement245 1982-07-28 22 THAI MARITIME NAVIGATION CO.. LTD (THAI NATIONAL SHPPMG LINE) NM-aavona monthly ones sem-contaur service m. ant 11 m »Mr 12 is Ami Rainbow (kaiii Urn .s I TO: MEDITERRANEAN SEA Sim P. Mag Pam> Leaf* tar M N 23 ft* 2t Pari SaU/Maia*ta/ Uaiasaal/Miit/PfraaM/LattaMa (Part Sutai/Mu/Manin Sublet to MnMri) B245 words
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Page 22 Miscellaneous
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Miscellaneous163 1982-07-28 22 4 s jgfj Wa '.y r A X 21 u. m 2ff v»« K s V s» V sT^i S-* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. LBQBND* R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain v/ CM,* """-W" BifMt winds are163 words
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