The Business Times, 21 May 1982

Total Pages: 30
1 30 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 93/1/82 FRIDAY, MAY 21,1582 60 CENTS
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  • 441 1  -  By RICHARD SEAH BRICK manufacturers in Singapore face the prospects of plant shutdown if cheap imports from the region continue to build up. Although local brickworks have reduced their prices to "rock bottom", sales of local bricks are dwindling as the price difference between
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  • 132 1 Reuter THE Hongkong Legislative Council has approved a motion to increase the maximum contingent liability of the Export Credit Insurance Corp to HK$3 billion from $2.5 billion. In moving the motion for approval, the acting Financial Secretary Henry Ching, said that since the last increase in May
    Reuter  -  132 words
  • 421 1  -  By MAUDRENE NITHIANANDUM UNITED Overseas Land (UOL) will soon offer shares in Hotel Merlin Singapore to the public, making it the third hotel to be floated this year. Business Times understands that a draft copy of the prospectus has been submitted to the
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  • 512 1  -  By LEE YOKE MENG PHILIPPINE President Ferdinand Marcos yesterday strongly urged the governments of Asean to work singlemindedly towards the common success of the regional grouping. If this could be achieved, there will be no need for an Asean "five-minus-one" idea, he said
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  • 331 1 A SENIOR American banker and investment expert, Mr Victor Melone, yesterday predicted more US investments in bonds and shares in Singapore and Asia-Pacific. He said: "I am impressed by the quality and quantity of economic growth in the Asia-Pacific basin, and that of Singapore.
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  • BRIEFLY...
    • 59 1 MINISTER (or Foreign Affairs and Culture, Mr S Dhanabalan, begins his official visit to Japan today as the guest of the Japanese Minister for Foreign Affairs, Mr Yoshio Sakurauchi. During his five-day visit, Mr Dhanabalan will meet the Japanese Prime Minister, Mr Zenko Suzuki, and Mr Sakurauchi
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    • 89 1 AP LONDON, Thurs. Prime Minister Margaret Thatcher met her full Cabinet today to consider a lastminute appeal by UN SecretaryGeneral Javier Perez de Cue liar to avert a war over the Falkland Islands as a British task force was poised to invade the South Atlantic chain. Government officials
      AP  -  89 words
    • 65 1 AFP TOKYO, Thurs. The build-up of stocks of export goods and the decline of demand in the home market have cast a long shadow over Japan's economic future. According to the Economic Planning Agency's monthly report published this week, an official of the country's Ministry of International Trade
      AFP  -  65 words
    • 49 1 AP BAHRAIN, Thurs. Qatar today announced it is severing all relations with Zaire because of that African country's restoration of diplomatic relations with Israel. Saudi Arabia broke relations with Zaire on Tuesday, and Tunisia has announced it is recalling its ambassador to Kinshasa for consultations. AP
      AP  -  49 words
    • 70 1 UPI KUALA LUMPUR, Thurs. The Malaysian government today announced the setting up of a trade commission in Beijing in July to facilitate and promote a greater flow of trade between both countries. A government statement said Chinese officials were informed of this by the Secretary General of
      UPI  -  70 words
    • 87 1 Reuter NEW DELHI, Thurs. First results in Indian state elections today showed Prime Minister Indira Gandhi doing well against a communist-led front in the southern state of Kerala but suffering early losses in the hilly northern state of Himachal Pradesh. With over 590 assembly seats at stake in
      Reuter  -  87 words
    • 81 1 Reuter HONGKONG, Thurs. Failure of textile talks between Hongkong and the European Economic Community next month could lead to complete disruption of international trade, Hongkong's trade commissioner said today. Lawrence Mills said that if the talks, which begin in Brussels on June 1, do not bring an
      Reuter  -  81 words
  • 254 1 SINGAPORE Airlines has I—< a aWfr try to develop Its eaadamlalam project 1a Layaag. Called Layaag Valley, the easspaay ni registered la March with a paid ap capital at $M mllttea. The maps ay's twa dlrectars are BlA's depaty masaglsg dlrectar, Mr Geerge Chaa, aad
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  • 537 1 SINGAPORE'S exporters made significant inroads into the Japanese market during the first three months of the year, but this was offset by losses in other major markets. Exports to Japan rose 20 per cent to reach 11.08 billion between January and March, against $898
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  • Page 1 Advertisements
    • 251 1 Times Editorial...page 8 SHIPPING TIMES cmms is a aaparata wctiii Imli|. Makt aira yaa fat yaar copy. THE plantation subsidiary of Genting Bhd is to be listed on the stock exchanges of Singapore and Kuala Lumpur Page 21 THE Haw Par group is not expecting a rosy year although it
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    • 8 1 BALLY of SwitzMand FAIRBANKS 1 f m f
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    • 82 1 _!,[@@.([)&$"[/?;'`]>].=::+]~[~ There was a time when there were no machines and man was the supreme artisan. His hands the tools of ingenuity Testoni perpetuate the an of such craftsmanship. Each piece of leather hand-curert and metamorphosed into a collection of exquisite shoes, belts, bags, wallets and briefcases. Such is the
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  • BANKING AND FINANCE
    • 659 2 THE Malaysian insurance industry has been called upon to promote more home ownership, especially for the lower income group. Finance Minister Tengku Razaleigh Hamzah said that very little had been done so far by the insurance industry in this area. He pointed out that
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    • 168 2 MOBE thee heM the UBs* MOm la credits Oh* tai leetfM an la Ike tarm ri iwdp nverameit expert credit*, TUb WUBua, praUMt et Beak sf Aaieriea's Qtoa ««Bee la HeagThla reflects Cklaa'i ■eliiiriseieMr Mn far relatively lew-tatereet, fixed rate lease, be aali. vnittaoH eeted the
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    • 403 2 Reuter BRAZIL'S state electric company, Centrals Eletricas Brasileira (Electrobras), Is raising a US$3OO million, eight-year Eurocredit, the agent, Bank of America, said. The loan, which will have four years grace, will carry a margin of V/i percentage point over the prime rate or 2*4 point over the
      Reuter  -  403 words
    • 478 2 Reuter CHASE Manhattan Bank i has said it would pay its i customers all interest due on securities transactions i handled by Drysdale Gov- i eminent Securities, the <u»Hng firm that defaulted on US$l6O million in Interest payments to the bank. Chase also
      Reuter  -  478 words
    • 390 2 Reuter THE Association of International Bond Dealers (AIBD) annual meeting in Venice this week occurs at a time of relative calm in the Eurobond market. Unlike the venue of the meeting, few bonds issued this year are "under water" trading at a discount to
      Reuter  -  390 words
    • 506 2 DEALERS were generally cautious on the foreign exchange market yesterday. The US dollar strengthened significantly against the British pound, but fell against other major currencies. The US currency opened at 552.0900/10 against the Singapore dollar. It went up to as high as 5J2.0920 25 before plunging to its
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    • 318 2 SINGAPORE gold futures yesterday closed generally higher compared with overnight levels after fluctuating marginally in light trading, dealers said. Total sales for the day was recorded at 130 lots while kerb volume at 53 lots with activity centred on June and August contracts, they said. Prompt closed firmer at
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    • 32 2 »«4 Tmm York (MB t MB WS «.ns IW ««8 t_ns ins iport Ttan »«5B wn »«B 1735 «75S rtacprt cca ia US doU«n tray aunrr Source: Credit Suisse, S'pore
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    • 38 2 Opcata* quote* yenerday US 1.780 «0 Can D X*4 '10 CRM 1.2M0/«1 D Mk 4.137 V C 5 DH-4. ME/100 srr 3 5300 «0 BFYcoi-7« JL/U FTt- 10 7TVBIO# Ut van JO 238L90 Yea at 14 /73
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    • 191 2 THE US dollar in Hongkong yesterday traded narrowly mixed against major currencies in dull, late trading reflecting the closure of most European centres on Ascension day, dealers said. The quietness was also due to the absence of senior dealers at a meeting of the International Forex Association, they added.
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    • 22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.93 per cent.
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    • 177 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on May 20: U8 MlirtlW) Offer Bid 7 days 15** I 5 1 month 15 14H 2 months M* 3 months 14* 14H S months 14* 14* 5 months 14 8/16 14 7/18 12 months 14W 14* Dm BWM IMMU
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    • 45 2 RANGE of prtcct after* >d by dlscouat hauw i oo May *> Oveniiftit 4* Call depoa its A Cloaiag B-T«M Setliac 3-month JH Treasury bills 4 3-month 9H Bank bills 10 3 months CD 9W 9* 6 months CD 95/16 vu Source: National Discount Co
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    • 122 2 THE dollar for overnight delivery In Tokyo yesterday dosed marginally higher at 238.10 yen from the 239.00 opening, dealers said. This was slightly below the 239.30/50 yen finish in New York overnight, but still sharply higher than the 237.37 close in Tokyo 00 Wednesday. Trading volume was a light
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  • Page 2 Advertisements
    • 95 2 Thi* announcement appear* aa a matter of record on»y Johan Holdings Bethad U559,500,000 TERM FACILITY MANAGED AND PROVIDED BY UNITED OVERSEAS BANK LIMITED May 1962 This announcement appears as a matter of record only Taiwan Power Company US 100,000,000 Term Loan Arranged by Credit Commercial de Prance Provided by Continental
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    • 218 2 »«r- insnßL- fV y--«; n/. v"';' •<*r s v s M& 'i > V u IT "v W "-rr*-?rVr^^r-T•^rr f r fc"^ v <?♦.}.* t, *?°w ,*P R.'i it' 1 M life'* <<o' J7 fl m t, < |f, V«| a. *V fV* M l°i °fc i &♦>?! MA 4
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  • TRADE AND INDUSTRY
    • 354 3 DATAPREP (Singapore) Pte Ltd has been appointed by an Australian company as the sole distributor of computer software packages for the motor industry. Under the agreement signed last Friday with Melbourne-based HID Computer Software Pte Ltd, Dataprep will market and
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    • 348 3 A GENEVA Airport study team is here to find out how certain features in the Changi Airport can be incorporated into its new airport. The team is led by Mr Alain Bonier, chief of the Department of Public Economy of the Canton
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    • 241 3 THERE were 32,071 calls for service to the Singapre Automobile Association (SAA) last year. This works out to almost one call for every member to the association's breakdown service unit. Mr Milton Tan, president of the association, cited these figures to dispel the popular
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    • 155 3 COLD Storage has promoted Miss Sa Yeaag to controller of the public relations and design department. She will be responsible for the group's public relations and promotional activities, advertising, corporate and packaging designs. A graduate with a diploma in graphic design from Perth Technical College and a
      155 words
    • 130 3 THE Skills Development Pui ku iwuM a gnat to Meut FWnkrth Hsafttel tor the tratalag si IS lines. lie Inlalag will eeatre m werklig experience to fuetfca todepeadeitly la toe tateislve ean udts. lie angnasne tor this oearse, which listo tor tone imithe, Is ■s*elM elesely
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    • 522 3  -  By ANGELINE TAN DECLINING productivity in the commerce sector has attracted the attention of the National Productivity Council (NPC) and prompted it to form the Committee on Productivity in the Commerce Sector (CPCS) to tackle this problem. The objectives of the committee are
      522 words
    • 249 3 COMPANIES that have implemented quality control circles should not regard them mainly as a vehicle for increasing output and quality. Instead they should place more emphasis on intangible benefits such as team spirit, staff development, morale and communication channels between management and
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  • Page 3 Advertisements
    • 400 3 Better fuel economy! Sleeker aerodynamic lines with a low downward slanting nose and a technologically advanced E-type engine make the new Sunny one of the most economical vehicles in its class! With six EPA fuel economy awards to its name, in the USA. you can br sure you'll spend less
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  • 813 4 NEW YORK STOCKS STOCK PRICES In New York on Wednesday slid for the fourth session in a row, with hanks and brokerage houses among the weakest issues, in reaction to the news on Tuesday that Drysdale Government Securities was in financial trouble and could not pay US$l6O million
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  • RAW MATERIALS
    • 327 4 NATIONS with stakes in primary commodities have no choice but to strengthen their defences by setting up producers' associations such as the one proposed by Asean tin producers. Mr Shridath Ramphal, Commonwealth secretary general, said that producing countries had to protect themselves against "the
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    • 90 4 WHEAT futures la Chicago yesterday held gains late to clow up 1V« to two cents a bushel. Prices rose from the start on carry-over speculative short-covering following Tuesday's constructively viewed chart performance. Corn futures closed one to 1M cents a bushel higher In lacklustre trade. At noon, the spot
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    • 123 4 SOYBEAN futures in Chicago on Wednesday held gains late on follow-through purchasing of July by a leading exporter, to close up IV4 to 3V* US-cents a bushel. The spot May position expired at noon with a 1V« cent loss. Some traders viewed Wednesday's performance as technically negative, since the
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    • 181 4 CHINESE Predate Exefcaage, BUg»|»r?, mm eMag prt«* per IM kg yesterday. CwMit «U: Bulk fob $100 00 sellers, old drum (In second hand drum) fob $112.00 sellers, new drum fob $116.00 sellers Oprm: Mixed (loose) 150.00 buyers. Peeper; Muntok white pepper fob Asia NLW $357.50 sellers, Sarawak white
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    • 144 4 YARN and cotton prices were quoted as follows in Hongkong yesterday (In KK dollars, spot ex-go-down) CcttM vara: China Blue Phoenix 20s 2.380 32s 2.900, 40b 3,125 (per bale of 400 lbs). Paktatu ra» m4*m: LSS 5 88. 4F 5.75; 289F 5.94; NT roller ginned 5.80 (per lb). CLOTH
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    • 330 4 StNGAPOKE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.10, 100 per cent second clw 0.92, 100 per cent third class 0.88. 25 per cent new crop no stock, B-10 per cent 0.81. THAI BROKEN. A-super 0 Special 0.58
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    • 65 4 THE STRAITS TIN price in Penang remained unchanged at M 121.54 a kilo, to rale within the ITA lower sector range of $29.15 and dealers said. The market was again strongly supported by the buffer stock manager at this level despite demand still lacking from other sectors. Total
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    • 32 4 Rubber May 20 Singapore: June: 184.25 cents (up 1.00 cent) Malayaia: June: 206.75 cents (down 0.25 cent) Tin: M 529.54 per kilo (unchanged) Official offering: 236 tonnes (up 70 tonnes)
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    • 110 4 INTERNATIONAL sugar talks to assess the world's 1983 and 1984 tree market sugar requirements opened in London on Wednesday as prices slumped to a fiveyear low. The executive committee and council of the International Sugar Organisation have to decide bow much sugar is to be released
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    • 689 4 COFFEE: Robusta coffee futures eased to new recent < lows yesterday morning based on near July at £1092 a tonne. After an average opening call decline of £9, losses finally ranged from £17 to £11 a tonne although nearby months were fractionally up from the lows at midday.
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    • 158 4 AFP CHINA TOPS the list of nonquota importers of Indonesian coffee for the first quarter of the 1982 coffee year, taking 5,107 tonnes, with Malaysia in second place accounting for 3,802 tonnes. Indonesia recorded an 80 per cent rise in its nonquota exports for the October-December 1981
      AFP  -  158 words
    • 294 4 RUBBER prices in Singapore yesterday closed slightly higher with June One RSS buyers quoted at 184.25 cents per kilo, up one cent from Wednesday's close, dealers said. Morning prices were marked up slightly on some covering interest after a marginally lower opening. Afternoon prices gained further ground on speculative
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    • 306 4 RAS prices in cents per kilo yesterday Noon (per Ulo) Buyer* Seller* tot I R-S-S- prompt f o b. 1S2.00 Int I R.S S June 184.25 1*4 75 Int. 1 R.SS July 1»J0 MOJO Int. 2 R.S S 175.S0 177J0N 174 JO IT* JON tatJR-S-S. 1«» UK Coot
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    • 106 4 NOON SSI 1 aad SMR praa ymt •rdmr 1AI Jmm iCVTMl Bayara 0 Mtk) (Farwari 1 Bayara Sal <u •liars TSJON SSR 10 (1-toa paiioO 1B1J0 1MJON 1B2J0 SSRM (1-toa palbtl 1M80 Ml JON in jo 182-SON MBKLB Jaao A Uj SMKCV SMR L SMR S SMR
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    • 133 4 THE Kuala Lumpur crude palm oil market yesterday ruled steady on further light-covering in quiet trading, dealers said. In May, south and central regions were unchanged at M 5967.50 and $962.50 a tonne respectively while north rose $7.50 to $972. June, south and central gained $2.50 each to
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  • Page 4 Advertisements
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  • OVERSEAS
    • 500 5 AP A HIGH-LEVEL Japanese economics expert blamed high US interest rates as a major factor in the world recession. Former foreign minister Saburo Okita said Japan wishes the US "would exercise a little more discretion about how its economic policy administration affects the world's
      AP  -  500 words
    • 343 5 Kyodo JAPANESE and US trade officials will meet in Washington on Monday and Tuesday to discuss wider access to the Japanese market for American farm and fishery products, the Tokyo government said. A spokesman at the agriculture, forestry and fisheries ministry said that
      Kyodo  -  343 words
    • 734 5 ARRIVALS Service Local Operator Number Time From PAA PA0C5 0025 JFK/SPO/HKG SIA SQ43 oeoo DHA SIA SQ101 0606 KUL TMA TL341 0630 BEY/DXB MAS MH671 0920 KUL MAS MH680 0965 KCH RBA BI421 1000 BWN MAS MH651 1030 KUL SIA SQ2D1 1030 HLP CPA CX710 1035 HLP
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    • 477 5 Reuter THE US will stand by its controversial policy of rarely intervening in foreign exchange markets but is willing to soften its rhetoric to appease its allies, according to administration officials. At a recent Organisation for Economic Cooperation and Development (OECD) meeting in
      Reuter  -  477 words
    • 283 5 Reuter THE only major carmaker in the Netherlands has announced plans to step up production and said that it would invest one billion guilders in developing a new model. Volvo Car, which is 70 per cent owned by the Dutch government and 30 per cent by
      Reuter  -  283 words
    • 198 5 Reuter FEDERAL Reserve Board chairman Paul Volcker said US economic recovery can begin and be sustained if the federal budget deficit, currently projected at over US$lOO billion for 1983, is brought under control. Volcker told the Economic Cub of Chicago that economic recovery also
      Reuter  -  198 words
    • 397 5 NYT PRESIDENT Reagan has endorsed the pending amendment to the constitution that would require balanced budgets, but also suggested a change of language to permit fiscal flexibility in a national emergency short of declared war. Speaking for Mr Reagan. Budget Director David Stockman, who heads
      NYT  -  397 words
    • 399 7 Reuter THAILAND, faced with a recession and prospects of unstable revenue, especially because of lower prices for export commodities, has adopted a tight budget with only a modest increase for the coming fiscal year. Finance Minister Sommai Hoontrakul said the budget for the year from
      Reuter  -  399 words
    • 180 7 UPI THE Long-term Credit Bank of Japan and the Port of Los Angeles have signed an agreement to develop markets for a new harbour facility to export coal to the orient. Los Angeles mayor Tom Bradley said the agreement, signed on Wednesday,
      UPI  -  180 words
    • 498 7 Reuter OPEC has forecast a steady recovery in oil demand this year but Saudi Oil Minister Ahmed Zaki Yamani says the organisation's reference price of US$34 a barrel will remain. Yamani said the 13 Opec oil ministers at their sixmonthly meeting yesterday, in Quito,
      Reuter  -  498 words
    • 393 7 AFP FIVE foreign companies have shown an interest in the British-built oil storage tanks in the strategic Indian Ocean port of Trincomalee, where the Sri Lankan government is hoping to have an international oil storage facility. The chairman of the Ceylon Petroleum Corporation, Daham
      AFP  -  393 words
    • WORLD IN BRIEF
      • 464 7 Agencies US Commerce Secretary Malcolm Baldrige forecast a strong rebound in corporate profits due to lower inflation. His forecast came in a statement issued after the Commerce Department said after tax corporate profits fell 17.5 per cent in the first quarter. Baldrige said part of the steep first
        Agencies  -  464 words
    • 267 7 Reuter THE Nigerian government has announced a freeze on spending for federally-fi-nanced capital projects not yet started unless cleared by the Cabinet Budget Committee. Wednesday's decision followed a review of spending on capital projects by the committee since the imposition of tough import curbs
      Reuter  -  267 words
    • 151 7 Reuter SHELL Australia Ltd will maintain its heavy investment programme in Australian resource projects in spite of its recent sharp fall in profitability, chairman Kevan Gosper said. The company views such development as long term and parent company Royal Dutch Shell regards it as
      Reuter  -  151 words
    • 573 7 NYT Reuter PRESIDENT Francois Mitterrand of France said Britain's membership in the EEC could be in doubt after the other members ignored a British veto on Tuesday. His remarks, made in Algiers at the start of an African tour, heightened the crisis that arose
      NYT; Reuter  -  573 words
    • 565 7 NYT DOME Petroleum Ltd, the largest independent oil company in Canada, confirmed that it was offering for sale its exploration and producing properties in the US for USJ7OO million to 31 billion. The sale, which is being handled by Goldman, Sachs Co,
      NYT  -  565 words
    • 174 7 Reuter UK BUSINESS economists are cautious about the longer term inflation trend ta Britain, forecasting that retail price increases will remain between 8 and 9 per cent year on year through to ISM, a spokesman for the Society of Business Economists' short-term forecasting group said. "Available
      Reuter  -  174 words
  • Page 5 Advertisements
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 226 6 MAY 19 Fn CORBEILLE Alr-Llqutdc B S N Oenrai* Dtnone car (ThomaonCat) CVc FnnotlM dee Petrotee Comptfnx Financier* CompagnM Generate Credit PoncMr EM rrmncc Huhtuc (Ubrmlrtt) Machine* Bull Mlchelln (B)— Pariba* Pechlner Clflne Kuhlmann Phlllpa (N* dim Bexlt) PnntiDjM 8 A Rhone-Poulence SA Royal Dutch Butt (CM rtnan Da)
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      • 267 6 MAY It Rand INDUSTRIALS A Alph* Abtrcom ak And CI A MIC Btrtowi Cf 8u«u CNA Cum* Plnaac* D» Bern ind Edcon m ao 715 aao i* 1CB HO m ZZ ***** unch unch JS -M unch unch unch men Qirtlin OMninJ Onumn Hippo HtwM r» ZHZ «M unch
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  • Page 6 Advertisements
    • 625 6 ~>!!,${*]-\$%(_'{%$?,;:("!@%(&/ Where to wine, dine and entertain wttti the American Express Card tXmlui JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delighis. J i,® 1 riiiui'N I's irlx **»l m »t« »i» *">i i iti«'| M NUTMEGS »jr J o^u«s 10.30 a.m. 3 p.m. $21 per person Pteose
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    • 60 6 t J/. t J vV-O", »r Spare 0923 W 7J***** restaurant Try our sumptuous delicacies from the Hunan Province. Renovated additional new car park now ready for use OQCf^fo 214 Dunearn Road. Singapore 1129 Tel: *****49,*****22 Very moderate prices Quick service Easy parking Opening hours: 12noon 2pm 7pm 10pm SMMCovt
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  • Page 7 Advertisements
    • 235 7 A For finer food and healthier living We serve a variety of delicious vegetarian dishes including: curry mutton sweet and sour pork shark's fin paper wrapped chicken roast duck cuttlefish in tomato sauce All cleverly contrived to taste exactly like the real stuff I You'll like what we have to
      235 words
    • 303 7 TSINGTAO'S "C ASH-EV LUCKY DRAW 79 Years Behind We are China's Premier /TV 1 OxKV _f\ w».«er the period ot V 16/1/19K*) 31/3/1982 wt*,** fc o bo»*e/cori c* Tjngfco Beer/Dor! Beer/ <**«r *>u wJ get o t»ee lucky Dro* coupon •p' it Oefoch the potion o< the coupon w«h your
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  • 449 8 BREAD AND BUTTER are the bread and butter of Common Market politics. The European Economic Community has many laudable objectives, but these are mostly cream. It is fitting, therefore, that the latest community crisis concerns Tuesday's unprecedented EEC decision to raise farm prices by 10.5
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  • 223 8 ONCE, there were three little pigs and a big bad wolf. The first little pig built his house from straw. The big bad wolf huffed, puffed and blew the house down. The second little pig built his house from wood. Again, the wolf blew it down.
    223 words
  • 806 8  -  Two years ago, Europe's largest car maker was on the verge of collapse. Now, despite the world-wide automobile recession, Fiat has started to make a recovery, thanks to j£ automation and labour-saving devices. By DENNIS REDMONT AP TWO years ago, Italy's largest automaker was plagued by drug-peddling
    AP  -  806 words
  • 886 8  -  FORUM iai. with LEONARD SILK NYT A CONSENSUS is emerging in Congress and the US financial community a consensus that has almost but not quite captured the White House that a new mix of fiscal and monetary policies is needed if interest
    NYT  -  886 words
  • Page 8 Miscellaneous
    • 658 8 -M-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Not the iron man of the taw? (6) 7 Upset because given a fright? (8) 8 Might they slip off the edge of a cup? (4) 10 Father, rolling along 11 Seem a very quiet listener (6) 14 His patients are speechless (3) 16
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    • 811 8 The pressure to succeed THE TV atrle taalght Bhe Is esaataatty plagMd with the Jqri ui Ntnwisf ihMM prave uehl to par- with the fear that she is a»t daily Uviag. eats of trnasgr kMt. Eatt- Hvlag ap to her pareats* Her pareato, at drat cmtied A Last Cry Far
      811 words

  • 1202 9  -  Budget doubles non-taxable limit of investment in company shares and allows non-resident Indians to invest in new company shares up to 40 per cent of equity capital By P C MAHANTI FT THE Indian stock markets, which have been riding high since a bull
    FT; Source: Reserve Bank of India & IMF  -  1,202 words
  • 995 9  -  By STEVE LOHR NYT KANG Jung Sub recalls vividly his early days in Seoul after he had fled from a farming village in North Korea. Every day was a struggle to avoid starvation. It was 1951, and when he could not find work as
    NYT  -  995 words
  • 789 9  -  By PHILIP MARVIN FT "IT IS like trying to stop a train which is running at full-speed by putting your leg out." The slight note of despair in the voice of Senor Jaime Morillo, Ecuadorian Finance Minister, was hardly surprising. He
    FT  -  789 words
  • Page 9 Advertisements
    • 362 9 Asia, at your finger tips... Other than speed reading, there is another way you can know a great deal more in much less time. The ASIA RESEARCH BULLETIN is a monthly information-packed report backed by in-depth and extensive research and ten years of editorial expertise. We have extracted and accumulated
      362 words

  • Page 10 Advertisements
    • 72 10 M r«i m fel fol m to to] tel [el tel 7 7 m [ol (m <m [<a M m m [®1 MR HENDRA RAHARDJA President Director of Harapan Group on the occasion of the Official Signing of Hotel Management Agreement between Japan Airlines Development Co Ltd and Bestland Development
      72 words

  • Page 11 Advertisements
    • 45 11 <3 K 9 t JA 2 0. i MR. HENDRA RAHAROJA (President Director of Harapan Group) on the Official Signing of Hotel Management Agreement between Japan Airlines Development Ca Ltd. and Bestland Development Re. Ltd. YAMAHA MOTOR CO, UD 2500 SHINGAI IWATA-SHI SHIZUOKA 438 JARAN
      45 words

  • Page 12 Advertisements
    • 55 12 Congratulations 0 to Mr Hendra Rahardja President Director of Harapan Group On the occasion of the signing ceremony of the Hotel Management Agreement between Japan Airlines Development Company Ltd and Bestland Development Pte Ltd International Associated Co Pte Ltd Tiang Teck Investment Holding Company Ltd Atlas Properties Pte Ltd Sun
      55 words

  • Page 13 Advertisements
    • 44 13 Congratulations i to MR HENDRA RAHARDJA President Director of Harapan Group on the occasion of the Official Signing of Hotel Management Agreement between Japan Airlines Development Co Ltd. and Bestland Development Pte Ltd soaere g€N€rai£ Tuan Sing Towers, Ground F100r,30 Robinson Road, Singapore 0106.Teh*****22
      44 words

  • Page 14 Advertisements
    • 107 14 Congratulations to MR HENDRA RAHARDJA President Director of Harapan Group on the occasion of the Official Signing of Hotel Management Agreement between Japan Airlines Development Co Ltd and Best/and Development Pte Ltd SINGAPORE TUAN SING TOWERS PTE LTD T K UM BROS (PTE) LTD SUPERLUCK RUBBER CO. PTE LTD RALEIGH
      107 words

  • Page 15 Advertisements
    • 45 15 to MR HENDRA RAHARDJA President Director of Harapan Group on the occasion of the Official Signing of Hotel Management Agreement between Japan Airlines Development Co Ltd and Bestland Development Pte Ltd on Friday, May 21st 1982. Wardley Limited A member of The Hongkong Bank Group
      45 words

  • Page 16 Advertisements
    • 90 16 CoiupUtulations to MR HENDRA RAHARDJA President Director of Harapan Group on the occasion of the Official Signing of Hotel Management Agreement between Japan Airlines Development Co Ltd and Best/and Development Pte Ltd on Friday, May 21st 1982. CoMfrtitulations to MR HENDRA RAHARDJA President Director of Harapan Group on the occasion
      90 words

  • Page 17 Advertisements
    • 114 17 Congratulations to MR HENDRA RAHARDJA President Director of Harapan Group on the occasion of the Official Signing of Hotel Management Agreement between Japan Airlines Development Co Ltd and Bestland Development Pte Ltd today Friday May 21st 1982 4 Bangkok Bank Limited MR CHIN SOPHON PANICH Chairman MR CHATRI SOPHONPANICH President
      114 words

  • COMPANY NEWS
    • 1219 18  -  By SIOW LI SEN THE Haw Par group is not expecting a rosy year although it has acquired a number of new agencies recently. Recession and high interest rates prevailing in the major economies of the world are acting as major depressants to
      1,219 words
    • 218 18 THE DRAMATIC growth of Ctrrlu liihliiihli, is underscored by figures published for the first time in its latest annual report. Total assets stood at HK$5.5 billion at the end of 1981, against only HKSI.I9 billion a year earlier. Shareholders' funds rose in the same period to $2 45
      218 words
    • 595 18 KECK SENG (M) Bhd's sound financial position should enable it to face the difficulties it expects in the current financial year, chairman Ho Yeow Koon assures shareholders in his latest annual report. Moreover, Keck Seng's profitability should be enhanced with the recent
      595 words
    • ASIAN STOCKS
      • 309 18 HONGKONG STOCKS IN Hongkong yesterday closed narrowly mixed in quiet trading, with early gains eroded by late liquidations, brokers said. The Hang Seng index closed 1.73 points lower at 1,358.37 with the firmness of utilities preventing further loss, they noted. HK Telephone closed $1 higher at HK532.25,
        309 words
      • 355 18 THE Sydney market yesterday fell for the sixth consecutive day in quiet trading after losses on overseas markets, dealers said. At the close the All-Ordi-naries index was 3.9 points lower at 510.2 while the resource marker lost six points to 383.4 and the industrial measure eased
        355 words
      • 443 18 SHARE prices in Tokyo yesterday fell sharply across the board with sentiment discouraged by the weakness of the yen and the further fall on Wall Street overnight, dealers said. The market average lost 40.61 to close the day at 7,531.54 on a light turnover of 200
        443 words
      • 114 18 THE Manila market yesterday closed firmer and turnover rose to 2.8 million pesos from a previous 1.3 million pesos, dealers said. MAY Peaot Acojt M in in j 003 unch A Oaf Coo A A Urn* Coo a KM .08 Ba«ulo Oohl «014 unch Benfuat Con B X «U
        114 words
      • 125 18 MAT a Bahu AO* bus Thai Anithut In* And Trust Bangkok Bank Bank Of Ajudhaya UA •0 210 IM «U unch unch Bau aha* Barll Juckar Charoonc Thai Wtrm m IM uncb 1 rim Trust Ooodysar T n/liiatFiA 1 «0J» unch umiiiivhu nzMuiJalajxathan OmmoI 109 UtM 1 -Hi Rama
        125 words
    • 332 18 AFTER incurring a loss last year, Malayan Cables now expects to recover this year. Its acting chairman Mr San Kwok Keong says in the latest annual review that the company expects a profitable first half during the current year, barring any unforeseen circumstances. This is
      332 words
  • Page 18 Advertisements
    • 28 18 TO HARAPAN GROUP ••••••••••••••••••a iff# iHi ssr M With our best compliments on this special occasion BANQUE NAUONALE DE PARIS Overseas Union House CollyerQuay Singapore 0104 Tel: *****11
      28 words
    • 113 18 SPECIAL OFFER '£8> THE POOL FAB Fully Automatic Pool 10.2 m x 4.5 m Built-in breakfast bar Automatic Chlorination Automatic Cleaning All yours for *S$ 58,000 including $8,000 worth of Automatic Equipment FREE For the first 10 pools only. mmit mm 'I I -4 Ml' 9' IJ I[ POOL FABRICATIONS
      113 words

  • 1637 19 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL ft COMMERCIAL Acma (3.048
    1,637 words
  • 203 19 gDuirocBUNRiiMr DIAMOND MOT rPtMU E (NiMftn' prim f f a (MlW|—' prtoe* tar May tl) The Commerce 3 02 3 17xd Diamond The Saving* Fund 1.73 1.82 S'pore Fd (L SI 0 56 060 S pore Prog Fund 1.31 1.43 SI 1.26 S pore Sec Fund t 09
    203 words
  • 2915 19 Gr'» Gr'a Net 1982 Last Div Div Y*ld P/E Vol Day High Low Company Sale f or- Crr (>000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 308 247 Acma 308 38 14.5 3-2 47 11.0 120 306 280 Alcom 115 3.7 0.5 35 1045 233 172 Allied Choc
    2,915 words
  • 1547 19 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number o( shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. MHJSnUALA 4cm <3 JOB) AIM (1*8) (J) I S (12) 1* id
    1,547 words
  • 126 19 THE Gearge Tm Php—sary Bcrhai: Seventy-sev-enth AGM to be held at Chartered Bank Chambers, Beach Street, Penang on May 21 at 2.30 pm. BRITISH-AmereUa Mmm Cimptiy (Slagapare) Limited: Thirty-Ninth AGM to be held at Shangri-La Hotel Limited, Hibiscus Room, Mezzanine Floor, 22 Orange Grove Road, Singapore 1025 on
    126 words
  • 752 19 SELECTED ewutrn Including Arm* Electrical Industrie*, Nnayanx Slang Pm, Sin Chew Jit Pah, Jinng Cement and Malaysian Feedmllls tank centre stage In aa otherwise listless Singapore stack market yesterday. Bat last minute baying parttcalarty la Juroug Cement, helped te lift Investors' confidence wUle same
    752 words
  • 599 19 WEDNESDAY'S rebound appeared short-lived as share prices on the Kuala Lumpur stock market yesterday fell across a fairly wide front with business done dipping below the three-million mark. But there were some signs of light buying and gains were mostly small. Sharper rises, however,
    599 words

  • Chief Price Changes
    • 166 20 Rises Indices Ambassador Acma 860 308 45 38 May 19 May 20 Nanyang 358 26 BT Indicator: *****5 *****8 J Cement 322 16 ST Industrials: 778.11 772.51 Msiao Fmills Paramount Khong Guan 266 410 270 14 10 10 ST Finance: ST Hotels: 1796.50 1153.32 1791.76 1156.48 G I Hldgs
      166 words
    • Article, Illustration
      154 20 Rises Indices HK Tin 1800 100 May 19 May 20 FAN 750 25 BT Index: 470,007 *****6 K Kampa r 370 20 Industrials: 924.20 924.67 Seacorp 685 15 Finance: 1567.18 1566.97 Norsechem 320 10 Hotels: 609.65 609.41 Paramount 448 10 Properties: 875.96 874.07 UMW 575 10 Tins: 341.46
      154 words
    • 52 20 FINANCIAL TIMES INDUSTRIALS Wednesday 561.9 Tuesday 572.4 Week Ago 580 9 DOW JONES AVERAGE INDUSTRIALS Wednesday 835.00 Tuesday MO .85 Week Ago 885.77 Thursday 1358.37 Wednesday 1360.10 Week Ago 1383.85 AUSTRALIAN INDUSTRIALS Thursday 666.1 Wednesday 667.3 Week Ago 673.7 ALL ORDINARIES Thursday 510.2 H.K.HANG SENG Wednesday 514.0 Week
      52 words
  • 311 20 RISING costs aad keen rompetttloa have apparently stymied CK Taag*s growth last year. Per the 12 months ended December last, gronp pretax profits alm«it stagnated at $3.52 million ($3.97 million prevfoasly). Gronp sales, however, slipped 2 per eeat to $41.71 million ($48.25 million). After
    311 words
  • 782 20 LONDON, Thurs. The stock market drifted lower (or the fourth day running, in thin and nervous trading today, dealers said. At 3pm, the Financial Times index was down 6.5 points at 556.4 against 590.6 last Friday. Most operators were sidelined ahead of the parliamentary debate on the Falklands
    782 words
  • 482 20  -  SHHHK Companies Editor: Mano Sabnani By CHOO AI LENG THE plantation subsidiary of Genting Bhd is to be listed on the stock exchanges of Singapore and Kuala Lumpur and shareholders of the group have been given an exclusive opportunity to subscribe for its
    482 words
  • 278 20 GENTING Bhd, through its wholly-owned subsidiary Genting Highlands Tours and Promotions (GHTP), has reached agreement to acquire a piece of land in Segambut near Kuala Lumpur for M 59.9 million cash. The property, comprising two parcels of land covering 3.5 hectares, is owned
    278 words
  • 101 20 THE shares af Naayaag Steal Paa aai 8k Chew Jtt Pah ware actively dealt apwwards aa reeaapdea af tradhgja the Btech Firhsagc af J"uiliTtar*ErgwVSe twa Chlaese newspaper eaapaales, lamtAUely f sated higher prices far their aharea. Fran a pre a—pnnalia price af $S.St, Naayaag ahares
    101 words
  • 804 20 mm™ by HOCK LOCK SIEW SO, MR "SUPERLAND" has decided that the shares of Singapore's premier property investment and development company are not good enough for him. Or are there other less obvious reasons behind superrich Mr Hendra Rehardja's decision to dispose of his group's large shareholding in
    by HOCK LOCK SIEW  -  804 words
  • 110 20 AP NEW YORK. Thurs. The stock market gave ground this morning as the decline of the past six sessions continued. The Dow Jones average of 30 industrials slipped 1.33 points to 834.57 in the first half an hour. Losers held a 9-to-5 lead over gainers in the early
    AP  -  110 words
  • 455 20 SELANGOR Dredging is recommending that shareholders support its proposal to participate in a property project in the US. The tin mining group first announced its intention to venture into the US property market on April 22, with its proposal to subscribe
    455 words
  • 76 20 TOWN and City Properties has been reminded by the Stock Exchange of Singapore to state the effect of the sale of Singapore Land shares on the net asset backing per share on the group. BOTH King's Hstel and Yes Hlap Seng Ltd will no longer be traded as
    76 words
  • Page 20 Advertisements
  • Page 20 Miscellaneous
    • 67 20 OUTLOOK for Singapore today: Fair in the morning, thundery showers in several areas in the afternoon. Fair again thereafter. Report for 24 hours prior to 7.3 C pm on May 2t at the airport: Maximum temperature 31.7 Associated humidity 70 Minimum temperature 24.7 Associated humidity 96 Hours of sunshine 6.55
      67 words

  • SHIPPING TIMES
    • 173 21 UPI SUBSTANTIAL additional premiums are being quoted for war risk insurance on vessels and cargoes trading with Argentina, the insurance company Lloyd's of London said on Wednesday. Sample rates mentioned by underwriters were one per cent on a cargo from Argentina to the US
      UPI  -  173 words
    • 548 21  -  By VONG NYAM MING THE NEW Far East /Middle East Rate Agreement (Femera) is specifically aimed at slowing down, if not stopping altogether, the slide of rates quoted for box liftings from Singapore to Persian Gulf ports. All the other rate agreements and conferences
      548 words
    • PORTSIDES
      • 81 21 Reuter THERE is no scope for mediation between dockers and employers in the Rotterdam grain handlers strike which started last Wednesday, Rotterdam alderman for harbour affairs Roel Den Dunnen said. He met both the FNV union and the employers' organisation and said he found no grounds
        Reuter  -  81 words
      • 80 21 Reuter SHIPS waiting for grain at British Columbia ports are experiencing delays between two and 13 days, a spokesman for the Canadian Wheat Board said. The spokesman said that while the delays may be a little longer than normal, the grain is still moving well. "It's
        Reuter  -  80 words
      • 31 21 Reuter THE AUSTRALIA to East India/Bangladesh trade said the current bunker adjustment factor (BAF) of 13.56 per cent will be adjusted to 11.17 per cent, effective May 29. Reuter
        Reuter  -  31 words
    • 528 21 ni))i i um Pi<t cti A *xTn CM n* u*» MM sin 1 I Vll 4 AJpMT VI Ma*| 1 4 Anu/a Am V 1 ARUw B t AfL ID 4>* n«tt WVM.' VI 9 tM< 4 Ml rm i rtiNOT a I TV CM* U* VI
      528 words
    • 771 22 VESSELS «pen: Avondale 1,837 dwt on 14 ft draft Panama flag built 1957 2 Ho Ha 6 by 5 ton derricks 92,000 bale vessel is open prompt in Singapore seeking cargo any direction. Starman Anglia 2022 dwt on 4.51 M draft 1515 cbm bale built 1978 British flag
      771 words
    • 579 22 SHIPPING lines are apprehensive over a recent Philippine Ports Authority decision to collect a levy amounting to not less than 10 per cent of the gross revenues of cargo vessel surveyors at the port district of Batangas. Their apprehension stems
      579 words
    • 1591 22 ALL SECTORS of the freight market on Wednesday remained featureless and quiet, although further scattered time-charter fixtures were reported and grain bookings continued out of the US Gulf particularly for Venezuela and Japan. Fixtures include two vessels to carry 30,000 tonnes each of heavy grain from the Gulf
      1,591 words
    • 187 22 MERCANDIA Rederierne has placed a further DKr25O million-worth of new building business with Frederikshavn Vaerft for ro-ro tonnage. The yard's workload now comprises 10 vessels of a single series, the FVISOO design of trailer/container-carrying ship. The latest two contracts include one renegotiated order, involving a unit
      187 words
    • 307 23 AP TWO FILIPINO crewmen accused of killing a ship's officer in an alleged mutiny have been taken under guard from the freighter Evergreen and turned over to Panamanian officials. Leoncio Arego and Sauro Bernal were taken into custody by private security guards under the direction of
      AP  -  307 words
    • 413 23 DURING a period in which railroad business reflected the general downturn in the US economy, Union Pacific Railroad's export coal and import/export container freight showed substantial improvement in 1981. An innovative plan begun last year with ocean and domestic carriers contributed to the largest
      413 words
    • 497 23 TOUGH new international measures, which call for better identification of charterers and shipowners, have been proposed to help combat maritime fraud which costs shippers hundreds of millions of dollars a year. The new proposals would tighten up international laws which govern chartering and documents,
      497 words
    • 121 23 AFP TWO INDIAN seamen and two Japanese workers were arrested on Wednesday on charges of causing a fire aboard the Indian-register-ed tanker Barauni at a dock in Sasebo, Japan on March 18. The blaze killed 10 workers and injured two others. The arrested
      AFP  -  121 words
    • 5600 28 SCHEDPLE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      5,600 words
    • 607 29 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Mode Union Pride 4 22.5.82 1000 Star Shpg 49 Dlsch Only Ibn Rushld 40 22.5.82 2300 Sealord 49 1000-1100 TT Ye Lan *****W 22.5.82 0900 Green
      607 words
    • 461 29 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Chidambaram 13/4 R Jumabhoy alongside 21.5.82/1800 Dellcia 35/6 Borneo alongside 21.5.82/2300 East Rainbow 27/8 Guan Guan alongside 21.5.82/2300 Equator III 22 Thong Soon alongside 21.5.82/1800 Hannoverland 38/9 Eka Jaya alongside 21.5.82/0600 Kota Baktl 10/1 PIL alongside 21.5.82/1830
      461 words
    • 1800 29 The leading shipping lines operating from local ports and their agents. A B trklpHrfi Shpf Singapore Shpg Agencies (S) Euro-Asia Line (PN KL PK). ĔĔĔĔĔt Cullhir Continental Feeders (S) Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/ Euro-Asia Line (PK PN). Afra-Karub Liar Transgroup Pie Ltd
      1,800 words
    • 208 30 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      208 words
  • Page 21 Advertisements
    • 278 21 The Straits Companies Times Activities, Key Personnel, Agencies DIRECTORY Singapore (Buku Merah) hzl .IARDIM A MAN Orient Overseas Co+ilcitteA Line FULLY CONT AMERCED SERVICE TO EUROPE (VU SUEZ) La 26/5 1300 HRS FULLY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ) KOKAN lACENON 171 PJtrilßg Sport 25/5 26/5 *a concord OCKALU MIA.
      278 words
    • 382 21 OSEALORDU m UASC UNITED ARAB SHIPPING CO SAG) 11. I t .".i.'t EXPRESS MULTI PURPOSE SERVICES FULLY CONTAINERISED SERVICE .IJL,I MI Duba. (11/#). Dwiwia* (12/6). (W»). Mm Dhabi (16/6). Doha (l«/ 6). «*<«• (20/6) Mm Qaboos (19/0. Mm (20/6). Bahra* (22/6), Oamman (23/6). Kuwait (25/6) Doha (27/0. Mm Dhabi (29/0
      382 words
    • 27 21 [m LONDON Freights 11/111 ORIENT Exchange II REGIONAL Weather II SHIPPING Schedule VIII/X CONTAINER Schedules EX WHO Acts for Whom IX SHIPS In Port IX CONSORTIA X
      27 words
    • 316 21 i SAUDI,'",LINE EXPRESS CONVENTIONAL SERVICE Regular. Efficient Reliable Services To PERSIAN GULF RED SEA OCEANUS SHIPPING AGfNCY PTE LTD CALL TEL *****77 for tufttwf det*»s stt Pjjf VI *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF. ATLANTIC, EAST CANADA. ASIAN PORTS Kelanf PenaJig Veaael Siagapore Longtwai
      316 words

  • Page 22 Advertisements
    • 794 22 FAR EAST/EUROPE CONTAINER SERVICE Kb Contaiwtr Unkt To Eurap» Feeder *P Ketanj Vessel S pore 1) MseiHes 2) Rdam 3) H't»r| 4) Sta tDMftM In Port TOYAMA 25/5 9/6 l«/ 6 K/6 17/6 PENAfiA 28/5 B PERMAI 1/6 16/6 21/6 25/6 22/6 6. OAHLIA 4/6 AJTLAMXA 8/6 23/6 28/6 29/6
      794 words
    • 191 22 SUPERCARRIER SERVICE ROM: US GULF US ATLANTIC EAST CANADA TV» tn n/7 1/7 1/7 •a/7 *a/7 KXT NMVMS "BARBER TALISMAN" 23/5/12. "BARBER PERSEUS" 2/«/«2 "BARBER MENESTHEUS" 4/VB. "BARBER TOMBBERQ" 17/l/B. "BARBER RRUIT 2/7/12 a/7 **/7 •7/7 *7/7 1/7 H/7 •21/7 *a/7 TO: PANAMA tc* i US ATLANTIC E. CANADA US
      191 words
  • Page 22 Miscellaneous
    • 153 22 Regional Weather g A <? N *> ss X" LCI a 35 c C' 4 Is °C Wil* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.90 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knott •Rain
      153 words

  • Page 23 Advertisements
    • 720 23 The Straits Steamship Group QCL Overseas Containers Limited V carp to KaracM, A. lata, BatoaAi I Mm c*p few PJM ft fmm mOatn B/l mi LO./10. to Date HEW ZEALANO TRADC KaracM htoq Cacftto bUi S'pn MB IT* M/ 5 «2/S M/S 22/f I 13/7 M/ 7 I SIM 27/f
      720 words
    • 378 23 NOTICE Ticr^r*rw General Survey of damaged earn ex the above vessel will be held on Thursday 27th May, INS, from 9.00 «-m. to. 5.00 p.m. No further survey wll be held after tills date Franco Belcjuui Services nn« an* 2 km J km I lM 7 fen 11 fen 12
      378 words

  • Page 24 Advertisements
    • 548 24 Hapag-Lloyd r 10 CONTBfNT I* Cardg an Bay Benaton L»|s Bay Ftanfchat iifdu Lnerpaal Bay UfAem Eiptns Also accepting transhipment tjrjo tor CARIBBEAN WESI INDIES wa Hamburg 10 I€WURKA*A ToNt#'Hfl*o« A4DIHRRANM S pore P* Pen Bilbao Genoa Hbuig B ha»en Rdam Antwerp lq«l« 23/5 30/6 ?8/6 13/6 21/6 Mm toduvwn
      548 words
    • 416 24 I VEGA 173* VEGA 174E ami KOREA SHIPPING CORPORATION S PORE P Kelang PENANG MO June 1113 hme 14-16 June FROM BUSAN BANGKOK MO June 1113 June 14-16 June TO BUSAN ALTAI 177W 28-30 June 1-3 July 4-6 My FROM BUSAN BANGKOK AITAK 178E 28-30 June 1-3 July 4-6 July
      416 words
    • 538 24 0 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCE7TMG Fa ft ia CARGO FOR KPnun WC FU MM MM UW (Ml NW 15/S li/l 11/ l 20/1 Tin 23/1 Em> U(M 2/1 1/1 11/« 24/1 21/1 21/ I H/i 1/7 ft* >*t 14/1 4/? (/7 1/7 10/7 11/7 also Atoms La/ra.
      538 words
    • 833 24 Everett Lines Burma Five Star Shipping Corpn "BURMESE NATIONAL LINE' LOADING FOR RANGOON mnK/ziN* mmi/tmn 20/1 tai (/71a B f S S C Agtnn n Mokiyvo BOUSTEAO SHWNG TEL NOS KL *****4/*****7-PKELANG *****1/8 Pt CtmfMtf ArfMttn* 0« tinwn lACIF. PENANG *****1/8 "argentine NATIONAL LINE" LOADMG FOR DURBAN MONTEVRJEO BUENOS MtES
      833 words
    • 328 24 SI NOSE MARITIME PTE LTD Jl SANKYO LINE JAPAN/STRAITS SERVICE smunu smos mmdtm nt in m *****44/7 *****70 KIMU IUNPUt UST UM SOTTW SM Ml TEL 4*4(44 4*4751 WiIT KEUNC EAST UM SVTK SM Ml IU 31-1732/3/7251 mum mutsm rufit t tumswbt in m vm i (372% SLW UNION LINE
      328 words

  • Page 25 Advertisements
    • 886 25 ■ttMMMBUMW GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) EAST AFRICA/REDSEA SERVICE Singapore Loading for: KOTAMAKMUR 24/26 Juno Mogadiscio. Adon, Joddah. Aqaba KOTACANTIK VE-M5 V.E-379 KOTA FAJAR 27/30 Juno Daroaaalaam, Mombasa. Hodoidah. KOTA PUBAKA V.E-M3 Joddah, Port Sudan. Aqaba V.E-M1 Singapore 31/2 Juno Port Sudan. Aqatoa
      886 words
    • 889 25 BENLINE CONTAINERS EXPRESS COHTAJNER SERVICE TO/FROM EUROPE H BURG BHAVtN ROAM HAVW SOTO* to t«o« KaaAaaa Bit Cvßgan Bi| Barurar larp Fra*lwt fipreti I utrpoo* Bay Haafkeat Eipreu Ctt, 0) !M»)t Peaam/toaae SaM k. Pert 26/5 26/5 t/t 6/6 11/6 13/6 19/6 21/6 27/ C 79/6 26/5 Ram** Hon B
      889 words
    • 847 25 f MM| Niw| Motto Spo*f 3>Mb*|4>Gbi*t |ng|f Vt(SCf HH» MCOM94 WAMA* ft 5 1/4 14,4 15/4 17/4 g nw*n&M7in e ftRMAi i t is t> 21/4 27 i 2t/5 OAM.IA CIORT AC( l/( UTimOW 1/4 ?3 6 ?8 6 t 17 4/1 MGON 3/4 t PIWCA A PATIOOS 7/4 WON
      847 words
    • 521 25 BOUSTEAD SHIPPING AGENCIES BANK line VICE TO UK/CONT IVYBANK CLYDEBANK FORTHBANK CORABANK SPORE 14 Jun 28 Jun 5 Aug 11 S«p R'DAM HULL HMBG 10 Jul 13 Jul 16 Jul 24 Jul 27 Jul 30 Jut; 31 Aug 3 Sep 7 Sep 7 Oct 10 Oct 14 Oct Lykes/ Lines
      521 words

  • Page 26 Advertisements
    • 1199 26 M Kline KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE FEEDER VESSEL STOK MO THE* VESSEL TOKYO ITYORK S VNAH SI JOHN M. OCRAU) VS SM +vf RRAZANO MARU 1 lun 2 Jul 9 jul 4 Jul K lACEWON VI7E 26 May "KISO MARL 14 lun 9 Jut 18 Jul 13
      1,199 words
    • 503 26 '/Ie CALIFORNIA/PACIFIC NORTH WEST SEOVICE EXPRESS CONTAINER/REEFER SERVICE to lOS ANGELES SAN (RWKISCO Sl*l TIE lACOHA VANCOUWR B C •cctptaf Fa/Fa Cantmrt P Kdiix SMfJpoft I An|ttn M Ntmr 1 tm ttm Mta AUSTRALIA EXPRESS CONTAINER SERVICE tccapta* Fa/Fa Cmiamn PMwf Spott H M SH **««*> VAOKFTT 3 1m 4
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    • 497 26 KORINS MARITIME SERVICES Room 601. ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4'*****5 MIOOIf EAST/RED SEA/EUROPE SERVICES S pore P Kelang Loating Far: BUNGA ARANDA 10 hne Bandar Abbas/B Khomen BUNGA VAIOA 14 km Bandar Ab6as/B. Khomeri Hyundae Shipping Go. lid. m GOLDEN LINE MM MAN
      497 words
    • 527 26 INTRASEA (PTE) LTD BREAKBULK SERVICE TO EUROPE/UK S'Mrt f Mmi Lm*« tar M3KVOB MU IS tmm 9Jw KM. OOE/t DAM/UK (AVON) Vassal Lm*| at Ma iMi FULL CONTAINER SERVICE TO EUROPE/Uli mah/li»u»»l/rufc»/ Hiiiiii /RaHaMa«/ntary/le Mm acca»M« Cwt—ii to Rat«t/Tital/UtMia/TartaM/Naian*ia/Ba|M»4 n ALP AC UNE SST™" S pore f KHM( LaaM* tar
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  • Page 27 Advertisements
    • 507 27 TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia 0 CHIEF S pore Closing Times: FCL Cargo LCL Cargo 1 FROM EUROPE (VIA SUEZ) 0400 27/5 1600 26/5 TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E Malaysia A. ASIA S pore Closing Times FCL Cargo 2300 23/5
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    • 289 27 TRANS-SIBERIAN CONTAINER LINE appointed agt (UMCON SYSTEM (MR) LTD.) FCL/LCL TO OfIVA/ASTMUI/TOfKM/KMUI FCLS ON.T POUUB/C2CM/H^V/MMAMA/YUGO/M.C«ftA STOW KKOM 23/5 P NMHOOU ETA VOSTOQMV (VIA TSR) 21/5 2/4 -A_ PAKHOED ROTTERDAM BV FCL/LCL TO IK ft com W ROTTERDAM, ALSO ML AMD B/L BSUtD TO; W Germany OuHeWort Fraitfarl. Mnch/Swtiertand Biml. lunch
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    • 1011 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULMNG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SIKSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAMKAT NAN SOON SON. BHD. IST AND 2ND FLOOR MESSRS HAI THONG SHPPMG 23 Weld Quay
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  • Page 28 Advertisements
    • 754 28 s s c Group SINGAPORE SHIPPING CORPORATION PTE. LTD k-oTH floor ocean building Singapore 0104 RCETING *****2 13 L.NFS) GENERAL *****1 122 LINES) LEX RS ***** RS ***** A 8 CARSHIP CABLE CARGOSMIP Regional Container Lines 2 SAILINGS A WEEK to/from BANGKOK ERTHING EVERY NOON TUESDAYS, SATURDAY SINGAPORE ISLANDS USE
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  • Page 29 Advertisements
    • 279 29 .a. EGYPTIAN^ INTFRNATIONAL LIME (Elll EGYPTIAN FLAG DWECT LINER SERVICE TO EGYPT (PORT SUEZ PORT SAID ALEXANDRIA) rrcx r sue rt sue intm HOT U Una Dm I toll tatM IN! "I N MtPPINI, PTI I It) i *n(rr M v Squ.*'f po" O40 y Til BS ?101 In 4UII
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    • 278 29 INDOGULF FREIGHT SERVICES TEL *****00. *****01 TELEX RS ***** INDGUL TIGER EXPRESS LINE Uprtn Wrtoct to CWTTAfiONC ft CM.CVTTA hm> Tr Ml CTA S>«* laaflto tar mm. own j imz n/n n* ckhagong chain* i caicutta »-I 1174 v« MADRAS CWTTAGONGI CAICUTTA OROTAI km 1174 It/71 tm CKTJAGONC CALCUTTA Ciprtu
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    • 136 29 MIS. lili Ili il fen. mmH l*n Utl I* ami (j ha) main mc n an mw KOLM CONTMGt SERVICES Fa MD LCI TO: AUSTRALIA, NEW ZEALAND, UK/EUROPE, USA. CANADA, HONGKONG, TAIWAN OTHER PORTS/DESTINATIONS ON REQUEST LIAN HUAT SHIPPING CO, (PTE.) LTD. ■fTDMtnowu. kua urn floor sum uunn# STORE 0»7
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  • Page 30 Advertisements
    • 339 30 KIONG CHUAN SHIPPING (S) PTE LTD RM 611, AFRO ASIA BUILDING, 63. ROBINSON RD., STORE 0106 T«fc *****30; *****13 A *****14. T*l«x: RS ***** KIONG ETA ETD Destination m.» "HM SUNG LIE Ik. 2" 22/5 24/5 BM4i/khi/Muri m.«. MEN I* N» 1 22/5 24/5 Kudin(/Sbii/I*i PAN OCEAN NAVIGATION TRADING CO
      339 words
    • 281 30 It m in li s s s 1 -=rT tj ft*; BBS r J 3&ut ■Ste V V Korea Shipping Corporation K V V f V, ,»?'.vPK Regular full container liner services to and from Straits East/West coast USA including Canada. MICRO BRIDGE SERVICE MINI-LAND BRIDGE SERVICE REEFER CONTAINER SERVICE
      281 words
    • 249 30 SINWAH CONTAINER LINE REGUUR corn WO HO SERVICE TO AUSTRALIA, NEW ZEAL AM) AND FAR EAST M.V. XINHUA MEN M.V XMHUA LONG ETA S'pore 2 June 12 June ACCEPT!* CONTAMERtSED CARGO FOR MANILA, HONGKONG, SYDNEY, MELBOURNE AUCKLAND AND WELLINGTON General Agents: TICK PMC SMPPM ft ENTERPRISES CO. LTD Ist. Floor,
      249 words
    • 247 30 HEAP SENG TRADING SHIPPING PTE. LTD. 1201, 12tft floor, Goide* Mile Tower, Beodt Rood, Singopore 0719. Tel: *****44 (3 lines) Tli R*****2 HEAPCO SINGAPORE TO PENANG SERVICE Kccttfn Reefer cwfeown: West Malaysia Agent NedNoyd EAC Agenclei (M) Sdn. Bhd. Ponang: T«». *****® Q BLUE OCEAN LINES 7TTT Rainbow (hum l.itic
      247 words