The Business Times, 8 June 1982

Microfilm: NL12203
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 93/1/82 TUESDAY, JUNE 8,1182 60 CENTS
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  • Article
    Government to improve use of manpower
    339 1  -  By BERNADETTE CHOOI THE use of manpower in government ministries will be very strictly controlled in the next financial year. The finance ministry, in requesting ministries to submit their budget proposals, has told them that the wage bill has more than doubled since financial
    339 words
  • Article
    Ho Pak Toe to be consultant to MNC
    214 1 MR Ho Pak Toe, general manager of Urban Redevelopment Authority, will be an architectural consultant to a multinational corporation when his resignation comes into effect on July 1. Mr Ho, who returned from an overseas trip yesterday, said it is premature to
    214 words
  • Article
    Town and City buys 43 Meridien shops
    483 1  -  By SIOW LI SEN THE giant Indonesian Harapan group is selling 43 shop units in its Meridien Shopping Centre in Orchard Road to its publiclyquoted arm, Town and City Properties, for $39.9 million. The sale is significant in that it is the first
    483 words
  • Article
    Reinsurers urged to form data bank
    528 1  -  By LEE YOKE MENG A SENIOR executive of the London-based Excess Insurance Group has suggested that a central computerised bureau for reinsurance be set up here. Mr Peter Taylor, head of the newly established Excess reinsurance branch here, believes a central bureau can help
    528 words
  • Article
    Four new stores for Emporium Holdings group
    339 1 THE Emporium Holdings group, the largest department store chain in Southeast Asia, is opening another four stores in the region this year, bringing the number to 62. Mr Wang Ting-Min, its research and public relations manager, disclosed that the chain will open two
    339 words
  • BRIEFLY...
    • Article
      Lock icon New military strategy
      81 1 NYT WASHINGTON, Mon. The Reagan Administration fashioned a new military strategy for Asia that emphasises a shift in planning and forces from North-east Asia to South-east Asia and the Indian Ocean, according to administration officials. While no American forces are to be withdrawn from Japan or Korea
      NYT  -  81 words
    • Article
      Lock icon Cut in rubber supply
      67 1 AFP r r KUALA LUMPUR, Mon. Malaysia will withhold nearly 175,000 tonnes of natural rubber from the world market, following the decision taken by the Association of Natural Rubber Producing Countries, Deputy Primary Industries Minister Bujang Ulis said. Producers are expected to play their part with
      AFP  -  67 words
    • Article
      Lock icon Delays at Urengoi
      74 1 Reuter MOSCOW, Mon. Delays in drilling and pipelaying are complicating the development of the world's biggest natural gas field at Urengoi in the north of the Soviet Union, Pravda said. Urengoi is to supply 40 billion cubic metres of gas to Western Europe through a 4,500 kilometre
      Reuter  -  74 words
    • Article
      Lock icon Israelis push south
      82 1 UPI BEIRUT, Mon. Israeli armoured forces landed at numerous places along the coast of Lebanon and were reported pushing south today to link up with invading tank columns in a pincer apparently aimed at creating a trap for Palestinian forces. Israeli forces from the "largest and widest
      UPI  -  82 words
    • Article
      Lock icon Defective cars
      101 1 AFP PENANG, Mon. The trade and industry ministry has been urged to recall certain models of Toyota cars and trucks imported from Japan which are said to be defective. A statement from the Consumers' Association of Penang said here that the association has found out that the Cressida
      AFP  -  101 words
    • Article
      Lock icon Loan of HK$1.5b
      78 1 Reuter TOKYO, Mon. An international hanking syndicate is arranging a HK$l.5 trillion loan for a Hongkong consortium headed by Hang Lung Development Ltd, banking sources said. The loan is to finance the Admiralty Two project to build a shopping and office complex over a station of Hongkong's
      Reuter  -  78 words
    • Article
      Lock icon Indians abroad
      33 1 AFP NEW DEI .HI, Mon. The estimated one million Indians living abroad have an estimated disposible capital of around US$3O,OOO million, according to the Foundation for Critical Choices for India. XFP
      AFP  -  33 words
  • Article
    Market index falls by 14.7 points
    306 1 THE Wipfiff stock market yesterday mffirrd we ef Ito Mggest tolls this year sa tow toraevrr ef S.N BdUtoaurito. DMhto-flgtt lames were nmaw to all aeeton aad ■early a «Mr* sf toe stocks to toe Btratto Times ladastrial ladex toll by similar margtas. The
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  • Article
    Critical years ahead for packaging industry
    465 1  -  By LIM SOON NEO THE packaging industry in Singapore will face some critical years ahead because of restructuring in the manufacturing sector. Dr Whang Sun Tze, managing director of Metal Containers Ltd, said the industry which is closely related to manufacturing activities will have
    465 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      227 1 (@;++/;?|![<!=;"\$*=$^'=@!\}?;: UiIMDS A TOTAL of 699,209 visitors came to Singapore during the first three months of this year, a 4.5 per cent growth over the same period last year Page 3 TENNANT Guaranty a London-based confirming house, will use Singapore as a centre to oversee its activities in the Far
      227 words
    • Advertisement
      Page 1 Advertisements Column 2
      67 1 FRATA NEWS NVOC GROUPAGE SERVICES TO AUSTRALIA BANGKOK COLOMBO HONGKONG NEW ZEALAND SWITZERLAND Established regular services operated by experienced staff giving personal service. Carriers liability covered through insurance with London Underwritars. Competitive freight rates. Ship with confidence through Frata NVOC Services. FOR MORE INFORMATION PLEASE CONTACT SANDY CHIN MAY JUAN
      67 words
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      Page 1 Advertisements Column 3
      3 1 See page 5
      3 words
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      Page 1 Advertisements Column 4
      240 1 M\< .\h >K1 Indonesia's new export poficy: Witt work? •Economy hotels: Smal but sturdy they stay See page S EdiUri*l...page I last flights? Easy connections? You can rely on KLM Friendly, reliable service The airline you can rely on. That's KLM. The friendly Dutch company with more than 60 years
      240 words
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
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  • TRADE AND INDUSTRY
    • Article
      Decline in value of April timber exports
      316 3 TIMBER exporters had their hopes of a market recovery dimmed in April as sales returned to low levels after a slight recovery in March. A $35 drop in freight rates to Europe did not help. Moreover, the Falklands crisis made economic conditions in
      316 words
    • Article
      Trade between Asean and EEC on the rise
      208 3 ASEAN countries have been adopting increasingly outward-looking trade policies and trade between Asean and the EEC has been on the rise over recent years. Mr Chan Chee Seng, Senior Parliamentary Secretary (Ministry for Trade and Industry), said this in his opening address
      208 words
    • Article
      Number of visitors up 4.5pc in first quarter
      368 3 A TOTAL of 899,309 visitors came to Singapore during the first three months of this year, a 45 per cent growth over the same period last year. The growth was contributed mainly by visitors from the other Asean countries, Japan, Australia, Britain
      368 words
    • Article
      Polytechnic invites tenders for contracts
      179 3 THE Singapore Polytechnic has Invited building contractors to participate in the {«■«qualification tenders (or the other (our phases of its expansion. Phase I, which involves the construction of a teaching block and a workshop, has already started and will be completed in mid-1983 at a
      179 words
    • Article
      Dr Wong visits Germany
      111 3 THE Minister of State for Labour, Dr Wong Kwei Cheong, will be visiting the Federal Republic of Germany from today to June 10. The propose of his visit will be to study issues related to productivity improvements and labour-manage-ment relations in Germany and to share their
      111 words
    • Article
      Last lARF payment to victims of Spyros accident
      137 3 THE Industrial Accidents Relief Fund (lARF) Committee has posted four bank drafts for a sum totalling U559,636.24 to Mr M N Mavroleon, the consul general of Greece in Singapore. The payments are for the families of four Greek crew members who died
      137 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      209 3 KORN/ FERRY International has appointed Tw Heysek as manager (South-east Asia) based in the company's Singapore office. Mr Heysek will be responsible (or business development and the management of executive search assignments in Singapore, Malaysia, Indonesia, Thailand and the Philippines. Mr Heysek was most recently group corporate
      209 words
    • Article
      MEMO PAD
      659 3 BEMNARB AND COURSES June 1-22 (Tuesdays and Thursdays): Quality Control Circle Leader Training Course, Ngee Ann Polytechnic/Cuppage Centre/YMCA, NPB June 1-July 22 (Tuesdays, Thursdays and Saturdays): Certificate in Performance Appraisal, Cuppage Centre, NPB June 1-July 31 (Tuesdays and Thursdays): Certificate in Performance Appraisal, Ngee Ann Polytechnic, NPB June
      659 words
  • Page 3 Advertisements
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  • BANKING AND FINANCE
    • Article
      Branch for UK confirming house
      402 4  -  By RICHARD SEAH TENNANT GUARANTY Ltd, a London-based confirming house, will use Singapore as a centre to oversee its activities in the Far East. The company, a whollyowned subsidiary of Royal Bank of Canada, has obtained approval to open an office here in September. Two
      402 words
    • Article
      Lock icon No accord on Tokyo dollar centre
      135 4 Reuter A JAPANESE missies of bankers, stock tod moaey tiikwi and government officials ban bmb lubie to agree ea —i—aktit the piaftlf esubUsbmeat of a Tokyo effskere dollar eeatre, mlssisa ssarccs said. lie mission, keaM by tke govern meat Overseas Economic Cooperation Pud (OECF)
      Reuter  -  135 words
    • Article
      EIB issues bonds worth 15b yen
      262 4 EUROPEAN Investment Bank (EIB), the European Community's bank for project financing, has issued bonds worth 15 billion Japanese yen in the Asian dollar and Eurodollar markets. Nikko Securities Co and Credit Suisse First Boston are the lead managers in the issue which was signed
      262 words
    • Article
      Lock icon Gold price forecast
      269 4 Reuter INTERNATIONAL Gold Corp (Intergold) Far East chief executive Bernard Denet firmly believes gold has bottomed after a twoyear bear cycle, and the price is poised for an uptrend. The market is sound with most demand physical, backed by industrial needs, and the amount of metal available
      Reuter  -  269 words
    • Article
      Lock icon Indian steel plant project
      192 4 Reuter BANKS which had joined a US$3 billion financing package for a proposed steel project in India have agreed to remain together as a group, even though the project has been delayed, banking sources said. However, they said the banks are no longer firmly committed to
      Reuter  -  192 words
    • Article
      Lock icon FOREIGN BANKS IN WEST GERMANY FORM BODY
      149 4 Reuter A GROUP of foreign banks with branches or subsidiaries in West Germany has founded an association to represent their interest to bank regulatory authorities. At a press conference in Frankfurt to announce the Federation of Foreign Banks in Germany, chairman Brian Kissack
      Reuter  -  149 words
    • MONEY AND EXCHANGE$
      • Article
        PLR
        22 4 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.08 per cent.
        22 words
      • Article
        ASIAN $ RATES
        183 4 ASIAN RATES ASIAN currency deposit Interbank rates as at close on June 7: U8 Dollar**Spot) Offer Bid 7 days 14* 14* 1 month 1411/1014 9/10 2 months 14* 14* 3 months 14* 14*i 6 months 14 IS/IS 14 13/16 0 months 14 15/1014 13/10 12 months 14 15/10 14 13/10
        183 words
      • Article
        Discount
        44 4 RANGE of prices offered by discount houses on June 7: Overnight: {R Call deposits: 4% Closing Baying Selling 3-month Treasury bills 4 3% 3-month Bank bills 9* 9H 3 months CD 07/16 9 5/16 6 months CD 9U 9H Source: National Discount Co
        44 words
      • Article
        Hongkong
        60 4 THE US dollar in Hongkong yesterday softened against all major currencies in late trading, due to lack of response in Europe to the Middle East tension. Banknote rates yesterday were: US 5.77/5.79 UK -10.35/10.45 Brunei 2.71/2.73 W Germany 2.425/2.445 Malaysia 2.49/2.51 Philippines 0.680/0.700 Singapore 2.735/2.745 Burma 1.50/2.50 India 4.50/4.80
        60 words
      • Article
        Tokyo
        78 4 THE dollar for overnight delivery closed yesterday in Tokyo at 245.75 yen, above its 245.00 opening but off from a 246.45 high, after Bank of Japan intervention. Trading volume was a moderate US$l.67 billion. The dollar for immediate delivery was untraded throughout the day, after last trading on Friday
        78 words
      • Article
        London
        33 4 Opening quotes yesterday US -1.7880 85 Can 2.2428 75 Cross 1.2553/57 DMk 4.2550 625 D F1 S FY 3 6475 550 B Fr con 80.44/59 F FY -11.0550/825 Lit 2361.25%2365.00 Yen 438.01/91
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      • Article
        Singapore market
        488 4 THE foreign exchange market was relatively steady yesterday with not much movement in rates. The US dollar against major currencies was firm across the board and fluctuated within narrow limits. Against the local currency, the dollar opened at 5J2.1095/10. It was traded to a high of 552.1160/70 before
        488 words
      • Article
        GOLD
        349 4 GOLD futures in Singapore yesterday closed higher on increased buying interest following renewed tension in the Middle East. Trading was moderate with sales, including 86 lots in kerbs, totalling 422 lots. August was the most active position and it closed at US$332/332.30 an ounce compared with $325.40/50 last Friday
        349 words
      • Article
        Silver quotes
        42 4 FH Itoa New York S86B 5 MB 5.93S 6 00S Zurich 5 91B 6 06B 6 01S C.1SS Mm PH Singapore 5 95B 5 KB (OSS 5.98S Closing price* in US dollars a troy ouno e. Source: Credit Suisse, S'pore
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      247 4 ONE-STOP TO COPENHAGEN ROME ATHENS mm mm mil M n i Is is a s Is agen u» vj v > &**>■*■ r w t w> j srr~ v vr Rome fT-iarv s "Po *22^top9Hrel3oSB!5™ Athens Sing Tr*l t^llbrial Route mmmm Introducing Thai's new Great Circle Express Routes to Europe
      247 words
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  • OVERSEAS
    • Article
      Lock icon Concern over stalled American budget
      332 5 Reuter THE United States Congress is still deadlocked over the 1983 budget despite widespread agreement that a budget directed at reducing interest rates is vital for the US and world economies. That is the general opinion of a sample of congressmen, financial analysts and government
      Reuter  -  332 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      748 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0025 JFK/SFO/HKG CAL CI337(orCI337) 0050 TPE SIA SQ101 0605 KUL MAS MH671 0920 KUL cv CV796 0945 LUX/AUH MAS MH680 0955 KCH RBA BI421 1000 BWN MAS MH651 1030 KUL SIA SQ201 1030 HLP SIA SQ103 1035 KUL
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    • Article
      Lock icon Western nations agree to stabilise currencies
      573 5 Reuter LEADING Western nations have agreed on new policies to keep their currencies steady and to tighten controls on business deals with Moscow. Both decisions at a sevennation economic summit were hailed as historic but were agreed only after a series of political tradeoffs
      Reuter  -  573 words
    • Article
      Lock icon Opec output cuts a one-shot affair
      242 5 UPI THE Opec »U cartel has scored a major success in overcoming the world oii glut «ad Libya is taking advantage of the firmer market by boosting output. Tbe Middle East Economic Survey on Sunday quoted Opee president Man* Saeed A 1 Oteiba of
      UPI  -  242 words
    • Article
      Lock icon Begin rejects Reagan call for withdrawal
      362 5 UPI Reuter US PRESIDENT Reagan, worried over the sudden flare-up of fighting, dispatched his Middle East envoy to Israel on Sunday and urged Israeli Prime Minister Menachem Begin to withdraw Israeli forces from southern Lebanon. Treasury Secretary Donald Regan said Reagan's call went unheeded
      UPI; Reuter  -  362 words
    • Article
      Lock icon US hostages in Seoul freed
      334 5 NYT TWO American executives were held hostage for nine hours last week by about 100 angry Korean women workers at a USowned computer parts plant in Seoul. The incident represented the most serious labour clash since President Chun Doo-Hwan took power in 1960. The executives,
      NYT  -  334 words
    • Article
      Lock icon Reagan regarded as most unpleasant guest
      237 5 UPI THE West German news magazine Der Spiegel said in a cover story entitled "The Unpleasant Guest" that President Reagan will get the most unfriendly welcome ever given to a visitor to West Germany. The magazine, one of the most influential publications in West
      UPI  -  237 words
    • WORLD IN BRIEF
      • Article
        Lock icon ARMS SALES TO TAIWAN
        496 5 Agencies THE US is likely to propose soon an eventual phase out of arms sales to Taiwan, Newsweek magazine's international edition said. In its June 14 issue, it said the US and China are "nearing the final stage of resolving what seemed to be an intractable
        Agencies  -  496 words
    • Article
      Lock icon Thatcher assured of US support in Falklands war
      270 5 UPI BRITISH Prime Minister Margaret Thatcher said she has no doubts about the staunchness of US support in the Falklands war. Asked whether she was dismayed by the US decision to change its veto to an abstention in Friday's UN Security Council
      UPI  -  270 words
    • Article
      Lock icon British May car sales fall 10.2 per cent
      203 5 Reuter BRITISH car sales in May were 10.2 per cent down on last year at 121,000 and compared with 138,000 in April, UK Society of Motor Manufacturers £*id Traders figures show. Sales for the first five months fell 2.8 per cent to
      Reuter  -  203 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      23 5 TMnabaiulatwnb €md <3se&f fylfikAeb Alfa-Pacific Securities Pte on the occasion of their Official Opening on Tuesday, Bth June 1982 From: GQLDVEIN PTE. LTD.
      23 words
    • Advertisement
      Page 5 Advertisements Column 2
      156 5 EdlUri*]...pa*e I Introducing the Honeywell Infowriter OAS 1 Offee Automation System \bur frst step into the "Office of the Future' The Honeywell Infowriter OAS/1 is o lot more than just word processing. It is o stonc)olone Office System providing you with powerful functions such os:- Document Processing Records Processing Moth
      156 words
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  • Article
    Back to the real world
    455 6 THERE IS something distinctly other-worldly about the chateaux at Versailles outside Paris. It is beautiful to behold, a monument to the elan of the French. It is surrounded by impeccable lawns, which are bisected by gravelled drives. It has rooms too numerous to count, many
    455 words
  • Article
    Competition lies in better packaging
    216 6 BASIC PACKAGING needs never change. Whenever goods are transported, they have to be protected from the sun, rain and the atmosphere. They need to maintain good shape in case of mishandling. But some products are more sensitive to the environment than others. However, a packaging
    216 words
  • Article, Illustration
    Lock icon Saudis to keep aid flowing
    1264 6  -  Its oil revenues are declining. Its support of Iraq in the latter's war with Iran is straining its financial resources. Despite these problems, Saudi Arabia does not intend to reduce the flow of its development aid at least for this year and next. By ALAN
    FT  -  1,264 words
  • Article
    Lock icon HK lobby against plan for Chinese n-plant
    826 6  -  Hongkong residents fear the dangers posed by the proposed plant China's first to be built in nearby Guangdong By ANTON FERREIRA Reuter A CAMPAIGN is about to be launched in Hongkong against a proposed Chinese nuclear power plant which its advocates say could
    Reuter  -  826 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      636 6 TWO-IN-ONE CROSSWORD I CRYPTIC PUZZLE ACROSS 1 Weapon used by a corporal (5) 6 Because it's wrong to go at half pace (5) 9 Branchlets worn by members (7) 10 Horse Artillery in the zoo (5) 11 Erin's a wash-out (5) 12 Plasterer's capital? (5) 13 Doesn't follow suit (7)
      636 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      868 6 SINGAPORE 5 MALARIA may be tree from ear minds bat this disease is still a killer In almost the whale of the world's tropical belt and parts of the sab-tropics and temperate toae. Medic*! Report (Cb 5, 6.66pm) discosses treatmeat methods aid also traces the life cycle o( the parasite
      868 words
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  • Article, Illustration
    Lock icon Italian economy in bad trouble
    1059 7  -  Things go wrong on external front Just three months ago, everything looked like going smoothly for Italy. But as the country continues to live beyond its means, discouraging omens have appeared on the economic horizon. By RUPERT CORNWELL FT SUDDENLY, the Italian economy seems once
    FT  -  1,059 words
  • Article
    Lock icon A quiet economic crisis ...
    763 7  - A quiet economic crisis FORUM with LEONARD SILK NYT WITH more than three million people out of work and the jobless rate at 12.6 percent, Britain is experiencing the highest unemployment since the great depression. But if Britain, along with the other capitalist democracies of the West, is undergoing a
    NYT  -  763 words
  • Article
    Lock icon Less money on art
    500 7  -  By JOHN WOLFE AP THE current economic recession has left its mark on a segment of American life that includes the monied, upper-class bastions of society the world of serious art collectors. International art dealers who took part in "Art 1982 Chicago" say the recession has
    AP  -  500 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      67 7 THE SANWA BANK LIMITED SINGAPORE BRANCH 4 1'5520,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due Bth June 1984 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from Bth June 1982 to Bth December 1982 the Certificates will carry a
      67 words
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      Page 7 Advertisements Column 2
      397 7 Studies have indicated that the total office layout is as important as managerial skills in running an efficient office. The office also reflects the image of a company and the way it runs its business. Efficiency. The Getz Concept '80s Open Plan System enables better control of internal office traffic
      397 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon US$120m loss by Alfa Group
      107 8 Reuter THE Alfa Group, Mexico's biggest private company, lost about US$l2O million last year, a company source said. He said the loss, caused mainly by a rise in import costs and the servicing of Alfa's huge dollar debt, compared with a 1980 profit of some
      Reuter  -  107 words
    • Article
      Lock icon Dome: Debt threat
      711 8 Reuter DOME Petroleum, whose daring and costly search for oil in the Canadian Arctic made it a long-time favourite of international investors, is threatened with being swamped in a sea of debt. As the company prepares for another season of drilling in the icy Beaufort Sea, above
      Reuter  -  711 words
    • Article
      Lock icon Customers' problems hit Fokker
      139 8 Reuter NY Koalnklljke Nederlaadse Yllegtaigenfahrtek Fakker said Its 1182 results could suffer as a result of the financial problems of Its customers la the civil avtatlaa basin ess. Fakker said la Its aaasal re part customer problems la meeting payments eaald farce up Its awa Interest
      Reuter  -  139 words
    • Article
      Lock icon Diamond mine at full throttle again
      310 8 Reuter DE BEERS Consolidated Mines Ltd said it is taking steps immediately to restore diamond production at its Finsch mine to full plant capacity of 4.5 million carats a year. Output at Finsch, which is in De Beers' Kimberley division, has been restricted since
      Reuter  -  310 words
    • Article
      Lock icon Net profit in first quarter
      67 8 Reuter RHONE Poulenc SA should register a group net profit for the first quarter of this year according to initial indications, chairman Jean Gandois told journalists. Mr Gandois also said he expects foreign turnover to account for 37 per cent total group turnover this year.
      Reuter  -  67 words
    • Article
      Lock icon Massey men take pay cut
      56 8 Reuter MASSEY Ferguson Ltd nonunion workers in Canada and the US will take a 20 per cent pay cut for three months, but the cuts will be made up in October, Peter Lowry, vice-president of corporate affairs said in Toronto. The pay deferral will save
      Reuter  -  56 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      192 8 Where to wine, dine and entertain \Ar' *****1 with the American Express Card c ßuflibi Thotwu> 1 The true Singapore flavour popular Nonya Buffet Luncheon at a special price. With tongue just to name a few. Take your pick, it's great food, going for a song! Come from 12 noon
      192 words
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      Page 8 Advertisements Column 2
      167 8 übertufi ©rill For lunch. For dinner. For a richly rewarding experience. Also BuMr.f wiH'ii > L.um !i Monday. Krid«»v. >22 ><) 1(• scrv i»'i h.mjt 1 JrtVrtJK'M? Rl)Stilfft> Fillffl't S.)t ird<iv >22 r >( t Tv. fi.uq, V. i«-s» Sp>.'Ci<)l Suiuiciv, t <hii:!v Brunch >24 (hi -> 10% servKvrfuH.j.' V'..
      167 words
    • Advertisement
      Page 8 Advertisements Column 3
      257 8 The perfect end to a romantic drive. lIVI K t S I I K N I 7lie sea centk laps the palm-fringed shore. Bourgainvillaea cascades amidst a riot ot greenerv. Tlie .nr is heavv with the scent ot perfumed flowers. Soh, romantic musk surrounds vou a- vou drive to a
      257 words
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      Page 8 Advertisements Column 4
      179 8 When you dine, dine Cantonese. F r 3 39 I o o If pleasinj? your palate is achieved only by eatinj? the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage
      179 words
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      Page 8 Advertisements Column 5
      170 8 > AV utt •r r? rtt j IWAI.< >N I'M V •v most Incredible Lunch Offer •v fl S) ft Braised Garoupa Baked Pork Ribs Orange Juice Chicken Fried Cabbage with Mushrooms Sweet Corn with Crab-Meat Baked Squids Served with White Rice Plus Complimentary Dessert SS9 00++ per person for
      170 words
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  • RAW MATERIALS
    • Article
      LONDON MARKETS
      758 9 COFFEE: Robusta futures yesterday ended a dull morning easier, between £11 and £2 per tonne below Friday's close in traded positions. Dealers said some long liquidation by commission bouses in nearby months was the main morning trading feature. The selling was a correction of Friday's late shortcovering rally.
      758 words
    • Article
      PALM OIL
      128 9 THE Kuala Lumpur crude palm oil market yesterday eased on lack of buying interest in quiet trading, dealers said. In June, south fell M 52.50 to $930 a tonne and in July, south and central fell $8 and $9 to .$922 and $921 respectively. The refined market was
      128 words
    • Article
      TEXTILES
      196 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cotton yarn: China Blue Phoenix 20s 2,330 32s 2,910, 40s 3,110 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      196 words
    • Article
      RUBBER
      350 9 RUBBER prices in Singapore yesterday closed steady around previous levels in very quiet trading and June One RSS buyers ended at 183.00 cents a kilo, unchanged from last Friday, dealers said. The market opened about one cent lower in line with easier London advices, but prices later recovered on
      350 words
    • Article
      RAS PRICES
      390 9 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 182.50 183 50N 182.50 183.50N Int. 1 R.S.S. June 183 25 183.75 183 00 183.50 Int. 1 R.S.S. July 185.25 185 75 185 00 185 50
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    • Article
      SSR and SMR
      129 9 NOON SSR ai id SMR 1 1 3 RAS Ju>< Jul* (Correal Mth) (Forward Mth) Buyers Seller* Buyers Sellers SSR 20 (1-lOT l pallet l 162 SO 163.50N 163 SO 164 50N SSR SO (l-tof i pallet) 160 00 161 OON ***** 162 00N MRBLB Jut Mr
      129 words
    • Article
      Produce exchange
      175 9 CHINESE Produce Exchange, Singapore, noon closing prices per IN kg yesterday. Coconut oil: Bulk fob $100.00 sellers, old drum (in second hand drum) fob 1112.00 sellers, new drum fob $116.00 sellers. Copra: Mixed (loose) $54.00 buyers. Pepper: Muntok white pepper fob Asta NLW $352.50 sellers, Sarawak white pepper
      175 words
    • Article
      RICE
      327 9 SINGAPORE: 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 class 0.90, 100 per cent third class 0.82, 25 per cent new crop no stock, B-10 per cent 0.81. THAI BROKEN: A-super 0 65, Special
      327 words
    • Article
      Straits Tin
      69 9 THE STRAITS TIN price in Penang yesterday was unchanged at Friday's level of M 529.21 a kilo, six cents above the ITA floor price, dealers said. They noted strong snpport from the bnffer stock manager, which accounted for most of yesterday's turnover. This was supported by light purchases
      69 words
    • Article
      CLOSING PRICES
      30 9 Rubber: June 7 Singapore: June: 183.00 cents (unchanged) Malaysia: June: 203.00 cents (down 0.50 cent) Tin: M 529.21 per kilo (unchanged) Official offering: 317 tonnes (up 35 tonnes)
      30 words
    • Article
      Surplus tin sales disrupt market
      580 9 THE accusations of tin producers that the United States is indifferent to their plight has been further strengthened by the fact that the General Services Administration (GSA) has been continually reducing its GSA sales price in recent days. This is no doubt aimed at increasing
      580 words
    • Article
      Lock icon Huge copper stockpile raises unemployment rate in mines
      547 9 Reuter HUGE stockpiles of copper caused by the world recession have sent prices plummeting and thrown thousands out of work in the United States and poorer producer nations as mines close. In Arizona, America's leading copper-producing state, 7,500 people, nearly one out
      Reuter  -  547 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      482 9 IN THE MATTER OF THE COMPANIES ACT CAP 185 I Pursuant to Section 254(2Hb) •1 AND IN THE MATTER OF KIN SHIN SHIPPING ENTERPRISES (S) PTE LTD At an Extraordinary General Meeting of the above named Company duly convened and held at Room 1101,11 th Floor -Golden Mile Tower, Beach
      482 words
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      Page 9 Advertisements Column 2
      128 9 NOS 20&1A/B/C/D 210/A/B/C TOTAL OF NINE UNITS AND CARPARKS Lots 176-48pt and 183 Ipt T.S XVII Land area 377.6 sq m (4064 sq. ft.) sub|«ct to survey Built in area 890 5 sq metres (9586 sq ft.) approx His HI. 11 ML, eg nil -n- -mi-F|-H itai AUCTION SALE ON
      128 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1435 10 BID and offer price* officially listed and bMfcBBS» in and reported to the Stock Exchange of Stnfpnrc yesterday, with the number at shares traded shown in brackets in lots of 1,000 units, unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Acm (11ZB 3.188)
    1,435 words
  • Article
    Unit trusts
    176 10 SNGAFW IB UNIT ISO* r n**Smmero prlaaa Mr J«m The Savlaga r und 2-82 2 LB .Mod 1TD S pore Pro* Fi nod 1JT LB S pore Sac. Vu ad LB 105 S pore Lnve*t 1 Puad IB 1.11 S pore Equity Puad LB LB AAA UNIT T
    176 words
  • Article
    SHARE INFORMATION SERVICE
    2815 10 IMS High Low Conpaay Last Sale orGr*s Div DW Crr Gr's YTd Net P/E Vol COOO) Day High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 350 233 306 320 141 291 480 326 247 172 246 320 96 198 297 240 Acma Alcom Allied Choc BAT BaU Ben
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  • Article
    In Kuala Lumpur
    1398 10 BID and offer prices officially listed and business in and reparted to the Kuala Lumpur Stock Exchange yesterday, with the number of share* traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDURBIAI4 A»» (3.428 3.435) (13) 143 (t) 3.40 (»1« tIMMh (1368 IIS)
    1,398 words
  • Article
    COMPANY MEETINGS
    216 10 KECK 8eag (Maiayria) Berhad: Twelveth AGM to be held at Conference Room of Tropical Inn, 16th Floor, Johore Tower, Jalan Greja, Johore Bahru on June 8 at 11 am. MALAKOFF Berhad: Seventh AGM to be held at Wisma Boustead, No. 71 Jalan Raja Chilian, Kuala Lumpur on June
    216 words
  • Article
    Stocks fall sharply on broad front
    681 10 DOUBLB-MGIT Ihm were jbejr*«r <1 tto toy tke day aa tke bean M wtit itip. Hariiy aay Muter wae akto to iillketoßd fee eaatoagkt wklek teak all the market ladleee teftj JgMll6 CIMII 'TkeT'lew «l«e el tndtog. SOU, Ike 14.71 pitol ton to Ike
    681 words
  • Article
    Selling spree in Kuala Lumpur
    580 10 POOR overseas markets continued to dampen sentiment at the Kuala Lumpur stock market yesterday, sending share prices broadly lower for the third consecutive session. Reflecting this, the main market indicator, the 30counter New Straits Times Industrial Ordinary Share Index, lost another 7.62 points to 877.01
    580 words
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  • COMPANY NEWS
    • Article
      UMW confident of maintaining dividend level
      696 11 —THE United Motor Works Holdings group, after a year of exciting growth in 1981, is not "unduly pessimistic" about its immediate and long-term prospects in spite of the ravages ,0f the worldwide r£ession currently being felt hwe. The group's chairman, Mr C Selvarajah, in
      696 words
    • Article
      SPK-Sentosa still in the red
      334 11 SPK-Sentosa Corporation Bhd remained stuck in the red for the year ended December last and it expects the situation to remain unchanged for the current year. Last year, the group reported a pre-tax loss of M 51.78 million as against a loss of $321,883 previously.
      334 words
    • ASIAN STOCKS
      • Article
        Sydney
        406 11 THE Sydney market yesterday fell to its lowest point since April 22 after a sharp decline on Wall Street last Friday and in the wake of Israel's military action in southern Lebanon, brokers said. By the close, the All Ordinaries index had eased 5.3 points to 492.6. Brokers said
        406 words
      • Article
        Market closes lower
        408 11 HONGKONG PRICES in Hongkong yesterday were generally weaker with bargain hunting near the close bringing some prices off their Jfcws, dealers said. The market opened weaker following the fall on Wall Street on Friday while the firmer gold price also tended to divert investor interest away from
        408 words
      • Article
        Tokyo shares sharply easier
        442 11 SHARE prices in Tokyo yesterday fell sharply over a broad front, with investors alarmed by the renewed weakness of the yen against the dollar, dealers said. The market average lost 45.08 points to 7,242.39 in thin trading on volume of 130 million shares. The market was
        442 words
      • Article
        Manila
        117 11 int Manila market was lower yesterday as commercial/industrial remained down. Mining weakened and oils recovered to finish stronger. JUNE 07 Pesos it Phil Hides «J0 unch Acoje Mining Anglo Phil 003 unch Apex Mining B AUu Con B 1JJ0 -0J Bagulo Oold 0015 unch Basic Petroleum 0146 0.0006 Benguet
        117 words
      • Article
        Bangkok
        174 11 SHARE prices in Bangkok yesterday closed mixed with slightly improved turnover but cautiousness prevailed in inactive trading, dealers said. Basic Petroleum was up by 0.0005 to 0.0145, and PLDT rose 0.25 cents to 34.75. Benguet Con "B" was down by from 31.00 to 30.25 and CDCP was lower by
        174 words
    • In Hongkong...
      • Article
        PANIN Holdings Ltd
        91 11 will offer to the public 54 million new shares with a nominal value of HK$l at |1.20 each, or 22.2 per cent of its issued capital. The issue, which will raise about 160.5 million, will be underwritten by Schroders and Chartered Ltd with application lists closing on
        91 words
      • Article
        LIU Chang Hing Investment Ltd's LIU Chang Hing Investment Ltd's
        58 11 group net profit was HK&SI million ($101.2 million) for 1961. Final dividend of 12 cents plus special cash bonus three cents (10 cents with no bonus), have been declared, making a total of 19 cents (17 cents). A bonus issue
        58 words
    • Article
      S'pore Fodder hard hit by poor demand
      223 11 SINGAPORE Fodder Company Ltd has been hard hit by the difficult times in the farming industry which has drastically affected demands for its feedmill products. For the year ended December last, group pretax profits fell 22 per cent to $L2l million oo a
      223 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      919 11 Hwa Hong Manufacturing Company Limited (Incorporated in the Republic of Sngapore) 29 Jurong Port Road Singapore 2261 ANNOUNCEMENT Take-over Offer for the shares of Hwa Hong Manufacturing Company Limited ("Hwa Hong") by Ong Holdings Private Limited ("Ong Holdings") The Directors of Hwa Hong wish to inform shareholders that the above
      919 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      156 12 Rises Oriental Hldgs 336 4 U O L Loan 85* 0W Falls Straits Trading 575 -30 Sel Properties OCBC 484 -21 840 -20 Island Pea 750 -20 OUT 300 -20 C C 275 -20 M Cement 370 -18 Textile Corp 214 -18 O U E 785 -15 Metro Hides
      156 words
    • Article, Illustration
      KUALA LUMPUR
      158 12 Rises Larut 320 21 Falls A Amal 580 -50 S Trading 620 -35 HLInd 710 -35 OCBC 910 -30 EssoOrd 660 -25 Is! and Pen 830 -25 Raleigh 220 -20 C and C Ltd 300 -20 Seacorp 620 -20 Petaling 940 -20 S Resins 398 -18 Gen Corp
      158 words
    • Article
      Selected indices
      30 12 H.K.HANG SENG Monday 1337.48 Monday 651.5 Friday 657.3 Week Ago 662 4 Friday 1361.36 Week Ago 1407.58 ALL ORDINARIES AUSTRALIAN INDUSTRIALS Monday.. 492.6 Friday 497.9 Week Ago 504.9
      30 words
  • Article
    LONDON STOCKS
    684 12 LONDON, Mon. Share C*s ended higher today, yed by hopes of lower UK interest rates. King A Shaxson, Overseas Gems Income Portfolio: Bid 109.41; Offer 110.18; Capital Portfolio: Bid 128.49; Offer 129.07. Arbuthnot Govt Sees Trust: Bid 73.7p zd; Offer 76.6p zd; Arbuthnot Dollar Income Trust: Bid 98.6p;
    684 words
  • Article
    Lock icon DOW JONES
    35 12 AP NEW YORK, Mon. Stock prices declined broadly this morning, with the Dow Jones average losing 3.04 points to 801.94 in the first hour and losers outnumbering gainers by 3 to 1. AP
    AP  -  35 words
  • Article
    KEVIN HSU TRIMS SEALION STAKE FURTHER
    166 12 KEVIN Haa, mer at Cockpit Hatol, has mM Marty all at Us remaining latere* la Seattaa Betels. Seaflea lafanned the Stack torday"that Vh!ke*Eate£ priae, aae af ita sahataatlal ■iiwfcillm, had nld If milhM aharea la the campaay aa May SI. Hie sktfM wee© registered
    166 words
  • Article
    UIC-UE ventures likely
    136 12 MS LEE Kim Tew, the latest addlttaa te the beard ef Uaited Eagtaeers Ltd, will he atteadtag his first UE beard meettag teday. Mr Lee, ehalrmaa ef Uaited ladastrlal Cerperattea, was iavtted te UE*s beard feUewtag the fsnnert parehase ef IJf mllllea UE shares, repreeeatfag 11.3« per
    136 words
  • Article
    CIC approves revised Asiatic share offer
    413 12  -  ■HI aai Companies Editor: llano Sabnani By CHOO AI LENG THE Malaysian Capital Issues Committee (CIC) has approved Genting Bhd's proposed sale of 30.4 million shares in Asiatic Development to shareholders but has revised certain terms of the offer. The offer {Mice of 60
    413 words
  • Article
    Sim Lim's Vista Park project gets under way
    396 12  -  By MAUDRENE NITHIANANDUM SIM LJM Investments' first full residential project is finally getting off the ground. The Vista Park development, undertaken by Sim Lim's wholly owned property subsidiary, Khong Guan Realty, recently obtained the blessings of the authorities. The project involves the
    396 words
  • LATEST
    • Article
      PIMA Metal Box Bhd
      92 12 has reported a pre-tax profit of MJ6.3 million ($9.8 million previously) for the year ended March 31,1962. Profit after tax was $3.8 million ($5.3 million) after a tax provision of $2.5 million against $4.5 million previously. Directors have recommended a final dividend of 13 per cent
      92 words
    • Article
      SANYO Industries (Malay- sia) Bhd
      71 12 has reported after-tax profit of M 5549.879 ($1.27 million previously) on sales of $51 million. The company has declared dividend of 12 per cent tax exempt (same as for the previous year). The register of members of the company will be closed from June 26
      71 words
  • Article
    Profits at Acma down 35.8pc
    223 12 ACMA Electrical Industries, whose shares have received a lot of attention lately, has reported a 35.8 per cent drop in pre-tax profits to $3.08 million for the year ended Dec 31, 1981. This decline came osainly as a result of a huge increase in interest
    223 words
  • Article
    COMPANY BRIEFS
    72 12 SIME Darby BM has informed the Kuala Lumpur Stock Exchange that the acquisition of the Hertz franchise by Pernas Sime Darby Holdings Sdn Bhd will have no significant effect on group profits. HWA Haag Maaafactariag Compaay has informed the Stock Exchange of Singapore that the takeover offer for
    72 words
  • Article
    General Lumber proposes 3-for-10 rights
    371 12 GENERAL Lumber (Holdings) Bhd has proposed a three-for-10 rights issue to finance its proposed acquisition of Sem Wah Development Enterprise Sdn Bhd. Sem Wah, which holds the rights to carry out logging in a forest concession In Ufci Kelantan, is expected to provide General Lumber
    371 words
  • Article
    FlC's conditions for Olympia's acquisition
    177 12 THE Malaysian Foreign Investment Committee has Olympia Plywood A Timber Products Bhd's one-for-one rights issue and its acquisition of Bukit Barat Development Sdn Bhd and Plaza Development. The approval is, however, subject to three conditions. AD matters relating to the valuation of assets and the
    177 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      20 12 Congratulations Best Wishes on the occasion of the Official Opening of Member Company of the Stock Exchange of Singapore Ltd
      20 words
    • Advertisement
      Page 12 Advertisements Column 2
      96 12 Office space this year jMjrk IKS Wj"£ ,V. rr ff ■-5 \*l **r WS ,*i* a, Leases are now being signed for floors of the new Hongkong Bank Building. A limited number of floors are available. Occupation: August, this year gQ| Features 8,900 sq. ft. (831 mi) net per tower
      96 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      54 12 OUTLOOK for Singapore today: Fair and warm. Report for 24 hoars prior to 7JI pm on Jue 7 at the airport: Maximum temperature 32.7 Associated humidity 64 Minimum temperature 26.9 Associated humidity 91 Hours of sunshine 10.85 Rainfall in millimetres Nil Total rainfall for the month 11.0 Total rainy days
      54 words
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  • SHIPPING TIMES
    • Article
      NZ wool shipment open to outsiders
      201 13 THE New Zealand Wool Board has followed Australia in breaking with .its traditional carriers, the Australia to Europe Shipping Conference, and has made 10,000 tonnes of wool available for tender next season. Until now the 13 lines of the Australia New Zealand Europe Container
      201 words
    • Article, Illustration
      Neptune to terminate agreement with CSC
      497 13  -  By JUNE LIM NEPTUNE Orient Lines and Ceylon Shipping Corporation will terminate the two-year joint service agreement between South Asia and Europe on June 14. With the termination, the two national lines will operate independently on the trade. NOL will employ the two 560-TEU
      497 words
    • PORTSIDES
      • Article
        Pessimism at Ellerman
        149 13 SHIPPING is expected to hold back the 1982 profits of Ellerman Lines and chairman Mr David Scott forecasts in the annual report that the company will be doing well to improve on last year's results. Mr Scott said that the outlook for shipping during this year is
        149 words
      • Article
        Cameroon orders ships
        97 13 CAMEROON Shipping Line has ordered two 16,600 dwt multi-purpose vesels with delivery scheduled for mid-1984. The two ships will increase the company's owned tonnage to six vessels and two chartered ships. With a capacity of 605 TEU, the new vessels will strengthen the line's existing services between
        97 words
    • Article
      INDEX TO ADVERTISERS
      691 13 ShlpptagUae Page C*i Achipelego Shpg vra 1 Afea vm i A11 trans vn < Alpac VI 5 Antara Shpg V J A PC Line DC 3 APL m 4/5 Argentine IV 4 ASCL m i ASL Cant VI 4 Asia Merchant VI 4 Austasia Line V 1
      691 words
    • Article
      ICC will set up project headquarters in Southampton
      249 14 FOLLOWING the world shipping decision to devise an action programme to help developing countries set up or expand their own shipping enterprises, the International Chamber of Commerce (ICC) is to set up a project headquarters in Southampton, with a small full-time staff.
      249 words
    • Article
      Decline in Philippines domestic cargo traffic
      765 14 DOMESTIC cargo traffic at the Port of Manila during the first quarter dropped 2 per cent from the 1981 total of 1.44 million tons to 1.41 million tons. Correspondingly, shipcalls fell 16 per cent, from 1981's 1,552 vessels during the first quarter down to
      765 words
    • Article
      Nedlloyd section for transhipment
      185 14 AS A result of last years' merger with KNSM, Nedlloyd Lines has set up a centralised transhipment department at its head office in Rotterdam. The department will maximise the numerous transhipment opportunities now available within the company's Liner network which now offers forwarders the opportunity to
      185 words
    • Article
      LONDON FREIGHTS
      1519 14 RATES for grain chartering on Friday out of North America generally tended easier where changed on an otherwise dull and rather featureless freight market Chinese operators covered grain from the US Gulf to China at U5527.50, down SI, while a vessel was booked for 55,000/58,000 tons from the
      1,519 words
    • Article
      Lock icon QE2 on her way home
      99 14 AP THE luxury liner Queen Elizabeth n, converted as a troop carrier for the falklands crisis, is on its way home carrying the survivors of three British warships sunk in the fighting with Argentina but without a battle scratch itself. The QE2 is expected to
      AP  -  99 words
    • Article
      SHIPPING EVENTS
      620 14 June 8 Container stuffing and stripping, Containerisation International workshop, National Magazine House, London. June 10-11 Fourth International Civil Aviation Conference, LLP Publishing Inc conference, St Regis Hotel, New York. June 10-11 Quality and quantity control: problems during the shipment of bulk chemicals. Hotel Intercontinental, Hamburg. June 11 Transport
      620 words
    • Article
      Lock icon TANKER RATES
      202 15 AFP WZNESS remained very |Mi last week on the tankS Market, after the weeki, and demand for larger* vessels in the Gulf SChtes area was again At^knal. which found emwere basically I» loading from Kharg IsMM. According to brokers, tkk tended to suggest that th» renewal of hostilites
      AFP  -  202 words
    • Article
      Legal problems of cargo scheme
      753 15 AMERICAN shipping lines pointed out legal impediments to the implementation of the cargo sharing scheme, while Philippine lines expressed approval during last week's first meeting to thresh out issues on the implementing rules and regulations of Executive Order No 769. Representatives of Ameri- can President
      753 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      4893 20 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port
      4,893 words
    • Article
      Container Schedules
      587 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Jutlandia 176 8.6.82 2300 Ned-EAC 49 0700-0600 K. Repin 11CW/82 9.6.82 0700 S'pore Soviet 49 1500-1600 Jenhol 24/82 9.6.82 0300 Thong Soon 49 Asian Patroos 034
      587 words
    • Article
      WHO ACTS FOR WHOM...
      1863 21 The leading shipping lines operating from local ports and their agents. A B Acklpetrga Shpg Singapore Shpg Agencies (S) Euro-Asia Line (PN KL PK) Adriatic (aataiacr Continental Feeders (S) Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK PN) Afra-Earaata Liae Transgroup Pte Ltd
      1,863 words
    • Article, Illustration
      Lock icon Bid by South Korean yards to rival Japan
      860 22 NYT THE HUGE shipyard of Hyundai Heavy Industries in Ulsan, South Korea swarms with activity six days a week. In the 2,000-acre yard, 10,500 workers are building ships in three dry docks which are so large that they resemble open-pit mines. Cranes
      NYT  -  860 words
    • Article
      Poor results predicted for Japan Line
      490 22 A 39 per cent deterioration in 1961 profits at Japan Line, one of the world's largest tanker operators, will be followed by an even worse result in the current year. The group's unconsolidated net income dropped to 4.01 billion yen from 6.61 billion yen
      490 words
    • Article
      Lock icon Insurers worried about low rates
      268 22 Reuter INSURANCE rates for seaborne cargo are too low and the situation is causing serious concern in the London marine insurance market, Institute of London Underwriters chairman Tony Nunn said. In a statement to the Canadian Board of Marine Underwriters in Gray Rocks, Quebec, he
      Reuter  -  268 words
    • Article
      The Consortia
      183 22 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAB 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
      183 words
    • Article
      SHIPS IN PORT
      529 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Cherry Lanka 27/8 Llan Soon alongside 8.6.82/2300 Edo Maru 18 CF Sharp alongside 8.6.82/0900 Jastarnla Bor 47 Baltic alongside 8.6.82/1200 Kwangchow 44 Guan Guan alongside 8.6.82/2300 Ocean Resources 25/6 Ocean Shpg alongside 8.6.82/0600 Wah Fai 38/9 Sin
      529 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      293 13 PIL GROUP regular container feeder SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TANER SERVICE FOR THE PERSIAN OULP AND RED SEA PORTS. SaaPageV n tt RI) 1M AM All Orient Overseas Co*doi*teA. Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) Fitowe H'burj Antwerp 3/7 5/7 8/7 10/7 12/7 15/7
      293 words
    • Advertisement
      Page 13 Advertisements Column 2
      350 13 USEALORDH UASC UNITED ARAB SHIPPING CO (SAG; EXPRESS MULTI-PURPOSE SERVICES KHM.IKAN V 43 17/t Um« ¥41 6 7 Al Sa*BUH V 41 10/7 gISTTT? 1 Loading tor Dubai (16/6). Kuwait (22/6) lubari (27/6). Dammam (28/6). Abu Dhabi (4/7) Dubai (27/6). Abu Dhabi (29/6) Shar>ah (1/7). iubatl (3/7) Dammam (5/7) Kuwait
      350 words
    • Advertisement
      Page 13 Advertisements Column 3
      19 13 \mm LONDON Freights SHIPPING Events SHIPPING Schedule CONTAINER Schedules WHO Acts lor Whom SHIPS In Port CONSORTIA REGIONAL Weather
      19 words
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      Page 13 Advertisements Column 4
      1011 13 J*r FESCO LINES T' FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 n*r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Feeder V—.l [Port Kelan, Penan, vS£i Si^.pore
      1,011 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      615 14 mum® FAR EAST/EUROPE CONTAINER SERVICE hL\ 1) Barcelona. Genoa. 2) Amsterdam, Antwerp. LHawe, Basle. UK. 3) Bremen, Bremerhanen. Aarltws. Copenhagen. Helsinki 4) MaMno. Stockholm, Oslo 'Accept** Europe car{o tor feeder na S pore 'Also direct carp> tor Spore t Bangkok Pte contact PERMSC P Keiang tor feeder arrangement 1) Malmo
      615 words
    • Advertisement
      Page 14 Advertisements Column 2
      142 14 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA N Tat i ■"ir 17/1 J IS/B 21/1 24/t n/« 11/f 21/J 4/7 7/7 «T MMMLS "BARBER TOMSBERG" 17/1; "BARBER TEHWESBEE" 21/J/K. BARBER PRIAM 2/7/12 TO: PANAMA (t*» U*m P«H »»> —US ATLANTIC —US GULF E. CANADA 21/7 2J/7 13/* 14/1
      142 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      487 15 The Straits Steamship Group O STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Containenhp Service To/from Bangkok STOM rut nnsandH 12m kM 11-17 tm nCASUS MX V.27M 15-11 la 11-11 km Sintaport to Sabah. Sarawak and Bronei BANG*OK MOTS HMO DCDKCS LTD BMOtOI TQ 7347M1 A joint service
      487 words
    • Advertisement
      Page 15 Advertisements Column 2
      900 15 NOTICE INTERNATIONAL SALE NOTICE Offers are invited by BSC for the sale of our oceangoing dry cargo vessel M.V. FARIDPUR on "as is where is" basis. The broad particulars of the vessel are as follows: DWT BUILT LOA LBP CLASS MAIN ENGINE SPEED BALE CAP GRAIN CAP CARGO GEARS 7852
      900 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      513 16 10 CONTMNT UK Largs Bay V I? 6 14 6 W 3/7 5/7 Fiankh*t Eipress 19 6 21 6 9/7 11/7 13/7 14/7 Liverpool Bay 27,6 ?9 6 16/7 18/7 20/7 21/7 City otUtM 4 7 6,7 23 7 25/7 27/7 28/7 Taluo Eiprns 11 7 13' 7 31/7 2/8
      513 words
    • Advertisement
      Page 16 Advertisements Column 2
      503 16 I KSm VE6A 173W VEGA 174E KOREA SHIPPING CORPORATION STORE P. KHang PENANG 14-15 Jaw 10-11 June 12-13 Jim FROM BUSAN BANGKOK 14-15 June 10-11 June 12-13 June TO BUSAN ALTAI 177* 28-30 Juie 1-3 July 4-6 Jirfy FROM BUSAN BANGKOK ALTAR 17# 28-30 June 1-3 July 44 Jtfy KSC
      503 words
    • Advertisement
      Page 16 Advertisements Column 3
      581 16 EVERGREEN LINE Va^ FAR EAST EUROPE CONTAINER SERVICE acceptmg Fa «la cmso for m a me ru mm urn im Ear 14/4 4/7 1/7 1/1 11/7 11/7 I*l* IX* 74/1 4/7 IS/7 17/7 11/7 21/7 22/7 (Ml In* 1/7 4/7 IV7 24/7 24/7 a/7 1/1 2/1 mx) icarmt la/rat fo/ki
      581 words
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      Page 16 Advertisements Column 4
      840 16 Everett Lines/ Burma Ftvt Star Sltippiiif Corpn. "BURMESE NATIONAL LINE" LOAOMG FOR RANGOON 14/U Jm M u B F S.S C Ag*nn «i Motavwo BOUSTEAD SHPWNG TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 CMPM VfMHMM D. (hMMOM S. A. C.I F "ARGE LOAOMG FOR MONTEVDEO BUENOS AMES S'part 8/9 M
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      Page 16 Advertisements Column 5
      373 16 SI NOSE MARITIME PTE LTD O SANKYO LINE JAPAN/STRAITS SERVICE Sa«>S MMfTM FTT LTD TU *****44/7 i 22(1171 EAST ASM SVftK SON M m 4MC44/4M7SI EAST ASM SMPPME SON OM> TB. 38-973Z/ 3/ 7251 MALATSM IMH I TRANSPORT lID m (7(*3 4 ***** SUN UNION LINE SMCAPORE 21/6 PENANG LOAD
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      1063 17 w PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL KOTA SAHABAT KOTA SAHABAT KOTA SAHABAT S'PORE COLOMBO Sailed 13-14n 20-21/8 11-13/6 18-20/7 25-27/8 20-22/6 2S-2S/7 3-5/9 JEOOAH j AQABA COLOMBO I STORE 24-25/6 26-26/6 30-31/7 2-3/8 7-6/6 10-11/8 7-6n 13-14/8 21-22/9 13-14/7 19-20/8 27-29/9
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      Page 17 Advertisements Column 2
      751 17 f npr» BEN LINE CONTAINERS EXPHSS CONTUO SERVICE TO/FROM EUROPE u»*mb*? CRyOIEMfc HBURG S port P K«an(lß Germany. 12/1 u/4 in tV4 n/t 11/7 27/1 a/i u/7 4/7 1/7 25/7 11/7 11/7 2/| 19/7 *1/7 11/1 a/7 a/7 n/i VI VI 75/1 BNAVEN ROAM Aastna Antwci p V 7 «/7
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      Page 17 Advertisements Column 3
      760 17 V,|>> I Scan Dutch? WEEKLY EXPRESS CONTAINER 6/uk7nc/scah SERVICE 1 >*«Mb 2 )r*a 3)Ktar| 4iG ba>| 23/t 21/1 2VI 1/7 I A PATHOS SM <■«* li/t W% 1/1 1/7 J/; S SIM«/t ANSON iO/4 4 PROGKSSI2/6 WMMGAfI* M 11/ l 13/7 15/7 el v li lr! '5 i«5 P tatMl
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      Page 17 Advertisements Column 4
      543 17 P»ge V BOUSTEAD SHIPPING AGE MCI E S BANK UNE '.3.3. '.a.lfra.r, .-SnU IVYBANK CLYDEBANK FOKTHBANK COKABANK SPOKE I'DAM HULL HMBG 17 Jun 13 Jul 16 M 19 Jul 4 Jul 30 Jul 2 Aug 5 Aug 9 Aug 3 Sap 6 Sap 10 Sap 15 Sep 11 Oct 14
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      1337 18 K line KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE eeeoer vessel store I lACEMVI4E II km t BROS N 1? lun M EMERALD Wl3 20 tun MOIIO VESSEL •NEW YORK MARU TASHMA MARU TOHBEI MARU TOKYO N'YORK 28 lufl 25 tut 5 Jul 31 M 13 lul 8 Am STfIUH
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      342 18 CAUFORMA/PACFK NORTH WIST SERVICE EXPRESS CONTARUT/REEFER SERVICE Lm*| Mr LOS —R MB fMKUCO. gITIU. TtCOHL HBW. IX. FCVKI Ceblm f Uhi rum i i A«(«m ■■onr ti la, 1 My r: 1l T'l'lif- j¥<i V Acta** fa/Fa Mum ridini S ftre Mrit AM M Mm aco ClO-11/5 MM II MM
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      499 18 KORINS MARITIME SERVICES R 6G I ICB Budding Way Singapore Te! *****22 *****67 P Kelang Tel 38'004 38^005 MIDDLE EAST/RED SEA/EUROPE SERVICES Sport P. ARANM 16 Jim I 2® JIM VMM 10 My LM**FV: Bandar Abbas/B. Bandar Abbas/B. Bandar Abbas/B. M' Hyundae Shipping Co. Ijd. ASIA MERCHANT MARINE SEM-CONTAMR SERVICE
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      Page 18 Advertisements Column 4
      529 18 INTRASEA (PTE) LTD. BREAKBULK SERVICE TO EUROPE/UK ACWPOUS ***** IS Mm 91M ASTDBON ***** 14 My BMy Venal Uti( >1 Rata S>m P. RdaagLaadtag tar 15 Mm 9MM JEDDAH/BOULOCK/TOM/ UK (AVON) v 14 My •My BOU.OGK/tDMI/UK (AVON) FUU. CONTAINER SERVICE TO EUROPE/UK NORAS* m 179 27 MM MM/lMaml/trM**/ Hambvg/Rottcrdam/ Tfeury
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      535 19 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C CONTAINER S'pore Closing Times: FCI Cargo 0300 10/6 ICL Cargo Isoo 9/6 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: JAKARTA..... SINGAPORE PENANG...... P. KELANG.. BRISBANE... ADELADE FREMANTLE. Anro Temasek 17/6 20/6 24/6 26/6 7/7 9/7
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      Page 19 Advertisements Column 2
      394 19 MALDIVE LINES eta n« eta VQK KUANTAN fQIT KELANG imunvc nuzE 20/6 Loading For OU6AI/ OAMMAM/ KUWAIT MALDIVE OKI 20/6 Loading For Male MAUWE PUDGE 10/6 12/6 Loading For MUSCAT/DAMMAM/ KUWAIT MALOWE PWVUGE 17/6 Loading For Karachi MALDIVE NAVIGATOR 18/6 16/6 15/6 Loading For Dubai/Dammam/ Kuwait MALDIVE COURAGE 20/6 Loading
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      Page 19 Advertisements Column 3
      743 19 m sinsov SINGAPORE SOVIET SHPPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SMGAPORE Tele* Umbers RS ***** RS ***** RS 2510S Cable Address SMSOV SMGAPORE Telex Nunbers f .mm M/S SHAMRAT MM SOON SON. M. IST ANO 2ND FLOOR.
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      Page 19 Advertisements Column 4
      90 19 SAMSHIP WOOD CARRIERS TMBER PLYWOOD SERVICE TOW/CONTMENT aura UMMNM STOW UMUNGFW ELM* ki »/t 13/4 HMfIR/KHI/MfT/ /W (TUURT) /CASMIMCA tbn n/t 3/7 SEU/M*/*IIT/UJI <TU«Y) one* asacsMN rotrs subject mducoent AGENTS: S'PORE: CONFRE-ASIA PTE LTD 2607/2610 UIC BLDG SHENTON WAY, SINGAPORE BOOKINGS TEL: *****44 AGENTS K.L. ORIENTAL SHIPPING CORP BOOKINGS TEL:
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      858 20 S S 0 Group SINGAPORE SHIPPING CORPORATION PTE LTD 20 T H FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING 9'1122 13 GENERAL *****1 122 L'NESI IELEX RS ***** RS ***** A B CARSHiP CABLE CARGOSMIP Itejiioiial Container Lilies 2 SAILINGS A WEEK to/from BANGKOK VOY in/UN 20S/21N ItS/19N SC S9N 21S/22N
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      236 21 EGYPTIAN INTERNATIONAL LINE (EIL> EGYPTIAN FLAG MNCAP I N SHIPPING PTI ITD 1119 KJofld hid* Ontre Mjntine Squire Spore 0409 Tli RS ***** Tel *****11 *****81 ?*****? Mi HSU HSH (Mi Sdr Bhd *1 Tel <***** 4860?/ Pt Kel Tel 386<>96 Tli ***** Penanj Tel *****8 ,N.«.„m CAHAYA SAMUXRA SHIPPING
      236 words
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      Page 21 Advertisements Column 2
      282 21 CARGO SPACE AVAILABLE ON LINER VESSELS LOADING FOR MAORAB, COLOMBO, CHITGG, CALCUTTA, RANGOON, KARACHI, BKK, MANILA, MUSCAT, DUBAI, OAMMAM, KUWAIT, ALEXANDRIA, MARSEILLES. R*DAM, REUNION, DURBAN, CAPETOWN, ANGOLA, JAK, SAMARANG, SURABAYA PLADJU, TARAK AN.BONTANG A U.S. GULF INDOGULF FREIGHT SERVICES TEL: *****00, *****01 TELEX: RS ***** INDGUL TIGER EXPRESS LINE Ciprni
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      Page 21 Advertisements Column 3
      135 21 3415, Mwwiwd Ptan. (mm M S'pwt 0207 M *****11 (12 fern) Tdn: RS ***** FRTMM REGULAR CONTAINER SERVICES FCL AND LCL TO: AUSTRALIA, NEW ZEALAND, UK/EUROPE, USA, CANADA, HONGKONG, TAIWAN OTHER PORTS/DESTINATIONS ON REQUEST IIAN HUAT SHIPPING CO, (PTE.) LTD. (rmMriONM PLAH. IJTN FLOOR. SUB 131S/13W 4K STORE 070? Ms
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      294 22 HAMDAHV: 6/82 HAMDAHV: 7/82 HAMDAHV: 8/82 •HAYATI V: 8/82 •HAYATI V: 9/82 •HAYATI V: 10/82 ETA 6/82 15/6 7/82 3/7 8/82 22/7 HAJ SHIPPING SDN. BHD. iAIAN l(N(/l) i'lfcl hfIANG HI jXWM <KOQS 5 <«o%h If If MA 3%46 HAISHP P. KELANG Loading for ETA ETD KK, S'KAH KK. S'KAH
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      Page 22 Advertisements Column 2
      132 22 fa MAGNA MARINE LINES KION6 CHUAN SHIPPIN6(S)PTE LTD RM 611. AFRO ASIA BUILDING, 63, ROBINSON RD., STORE 0106 T«fc *****30; *****13 *****14. TELEX NO: RS ***** tUONO' ETA ETC Destitution HN SUNG LEE lb. 2 10/6 11/8 BMdH/MMra/Ibi NEW UK lb 1 14/6 15/6 Rudwu/Sbu Mm SOON hW 14/6 RKMic/Skii
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  • Page 22 Miscellaneous
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      165 22 Wa Regional Weather i >3 r. Yn A' IS iM 7 &t ix=^ -< Is.C yA ~S Win* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Wave
      165 words