The Business Times, 22 July 1982

Microfilm: NL12646
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 93/1/82 THURSDAY, JULY B, IM2 60 CENTS
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  • Article
    Plan to set up local robotics training centre
    313 1  -  ■y KOH TSE YING SINGAPORE may have its own robotics training centre in the near future if talks between the Economic Development Board and certain high-tec hnology manufacturers are successful. It is understood that the EDB has approached a number of manufacturers
    313 words
  • Article
    Lock icon Chase dismisses two top bank officials
    190 1 UPI CHASE Manhattan Corp of New York has fired two top bank officials it held responsible for its involvement with Drysdale Government Securities Inc which resulted in a secondquarter loss for the bank. Another top official has been reassigned and seven middle-level executives have
    UPI  -  190 words
  • Article
    Financial futures team studies tie with Chicago
    464 1  -  By BERNADETTE CHOOI THE working group for Singapore's financial futures market is making a joint study with Chicago Mercantile Exchange (CME) on the feasibility of linking futures trading between the two exchanges. CME's executive vice-president Beverly Splane has been appointed the international project
    464 words
  • Article
    Cedel offers to train S'poreans
    359 1  -  By SOH TIANG KENG CEDEL, a Luxembourgbased organisation that runs an international clearing system for securities, is prepared to accept trainees from Singapore. It can train Singaporeans in computerised international settlements, Cedel chairman Edmond Israel said yesterday. Training -can be from a few weeks to
    359 words
  • Article
    Insurance sector revising method of data collection
    298 1 THE general insurance industry is revising its data collection method to provide a clearer and more accurate picture of the Insurance scene here. The General Insurance Association (GIA) currently compiles an annual set of statistics covering the different types of risks covered. This
    298 words
  • BRIEFLY...
    • Article
      Lock icon Gold price soars
      64 1 Reuter THE price of gold in London yesterday jumped to its highest in three months, as the metal traded at around US$36B an ounce in European centres. Tlie gold price was fixed by London bullion houses yesterday morning at $361.50, its highest since April 16 and up
      Reuter  -  64 words
    • Article
      Lock icon Iranian plane downed
      71 1 UPI IRAQI gunners shot down an Iranian phantom fighter jet attempting a bombing run over the Iraqi capital of Baghdad yesterday, killing its pilot and forcing the capture of its co-pilot. The official Iraqi news agency said another Iranian plane escaped the ground fire and neither of
      UPI  -  71 words
    • Article
      Lock icon Still a chance
      65 1 Reuter ISRAELI Prime Minister Menachem Begin in Tel Aviv yesterday said the Palestinian guerillas trapped in Beirut would be out one way or the other within three weeks. There is still a phowpf for a political solution to the problem, the Israeli newspaper Maariv quoted him as
      Reuter  -  65 words
    • Article
      Lock icon Easing martial law
      74 1 AFP POLISH leader General Wojdech Jaruzelski yesterday told Parliament in Warsaw that most people interned under Poland's state of emergency would soon be released as part of a series of measures wring martial law. General Jaruzelski said Poland's Military Council for National Salvation has authorised the Interior
      AFP  -  74 words
    • Article
      Lock icon Korean LNG plan
      80 1 AP SOUTH Korea is studying the possibility of scrapping its long-range plan to import liquefied natural gas from Indonesia because of what it sees as unacceptable Indonesian demands, energy and resources ministry officials said. Korea may switch to imports from Thailand, Malaysia and Canada. Countries have offered
      AP  -  80 words
    • Article
      Lock icon Foreign investment
      94 1 AFP FOREIGN investment into Australia rose slowly in the March quarter of 1982, the latest period of correct» ed figures. Foreign investment for the March quarter totalled AH,972 million, compared with $1,527 million in the previous quarter to December 1981. Most of this. *700 million, came from the
      AFP  -  94 words
    • Article
      Lock icon China denies charges
      61 1 AP CHINA said charges that it is using bogus companies, exchange students and other stealthy means to obtain US technology tor its military buildup are "absurd". "China has been sending out students and research and other pfsraiart within the framework of normal scientific and technological cooperation and
      AP  -  61 words
  • Article
    Market index recovers 10 points to 679
    194 1 TIB Mhm af a Km Net Yark Mrtrt neapM with en wit aetlvft. Mm, Hit prim teplj Mgkae la aarprtoe pnaa tie tokaa «teak by the aaagsltade yatafcy'» rtoe, «PmW|j after tnMnl togae prist to yet towel P*» toveto to tke wake <kt
    194 words
  • Article
    CPF releases $152m under house schemes
    403 1  -  By LEE YOKE MENG THE Central Provident Fund's schemes to help members own private houses seem to have gathered momentum in the past six months. Increasing familiarity with the schemes and the introduction of the second phase allowing buyers to use a portion of
    403 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      230 1 Bulova <{=!!/?&-)?]:%^+""**`!<&^':!\|: TODS A NINE-MONTH truce has been agreed between the United States, Japan and the European Economic Community over terms and interest rates for governmentbacked export credits Page 2 LOCAL industrialists hesitate to introduce robots because of the lack of information and understanding of robotics Page 3 THE giant
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      Page 1 Advertisements Column 2
      84 1 The top 100 companies by gross assets in tomorrow's BT The American Express Card The standard by which all others are judged To apply for the Card call American Express: 235 8133 Worldwide management experience at your Exec utiv "gest *s The compact monthly magazine offering selected condensations of management
      84 words
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      Page 1 Advertisements Column 3
      29 1 Call the one and on'v Dr Sony any day of the year *****1 T hp Son> Service Centre Editorial page f Selamat Hari Raya Aidilfitri to our Muelim readers
      29 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Truce on export credits reached
      621 2 AFP A NINE-MONTH truce Ins been Agreed between the United States, Japan and the European Economic Community over terms and interest rates for government-bached export credits, it was announced in Paris. Axel WaDen of Sweden, chairman of the 22-natkm arrangement on export credits grouping most
      AFP  -  621 words
    • Article
      Lock icon Higher profit for Citicorp in first half
      132 2 Reuter CITICORP of the US said a substantial improvement in net interest revenue contributed significantly to its higher earnings in the second quarter and first half. The rise in interest income reflects a widening of the net interest margin to 3JS per cent
      Reuter  -  132 words
    • Article
      Lock icon Money supply in good control, says Volcker
      331 2 Reuter AMERICAN Federal Reserve Board chairman Paul Volcker said Monday's Vi paint cut in the discount rate was aimed at following declines in other short-term market rates. He told the Senate Committee that moving the discount rate from 12 per cent to 11JS
      Reuter  -  331 words
    • Article
      Italy may not shoulder debts of troubled bank
      100 2 has i» qpsatfMs Jm dsbts St 2s trsahtod ItiM laiMk. ■•*s Iwwlini sahsidk"Safea Uniii asM ths Bank tT MM ■I in i h iiTiwiSM^d eeairel hanks, kit fem Laxsmhaarg holding nmißata 1 1 •w pwhft Mkst at dKiKS dent Bshartt Odd wai
      100 words
    • Article
      PLR down
      21 2 BANQUE Nationals de Paris has reduced its prime lending rate by half a percentage point to 1D.5 per cent.
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    • Article
      Lock icon Improved mid-year earnings expected
      620 2 Reuter MAJOR Brtttah banks are expected to report improved mid-year earnings over the 1981 first half, brokerage analysts said. But some estimates show slightly lower profits than in the second half of last year. Projection* for 1982 as a whole vary even more widely, due to
      Reuter  -  620 words
    • Article
      More forward sales of gold
      303 2 THE rise in the gold price of US$4O in )ust over a week probably prompted South African mines to make more use of forward sale* and futures markets, Angio American Corp of South Africa Ltd gold and uranium division chief executive Gerald T jng+ni (aid.
      303 words
    • Article
      Lock icon US companies may be cutting Eurobond issues
      506 2 Reuter THE volume of non-oonvert-ibie Eurodollar tw* issued by US romps files may fsO sharply In the second half of 1982 if US interest rates decline as expected, bond market analysts said. They said a decline in interest rates would result in further
      Reuter  -  506 words
    • Article
      Lock icon Fall in net borrowing
      104 2 Reuter UK industrial and commercial companies borrowed £3.47 billion net seasonally adjusted in the first quarter 1982, less than a £5.52 billion borrowing in the fourth quarter last year, the UK Central Statistical Office said. In the first quarter last year, companies net borrowing was £232
      Reuter  -  104 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        439 2 THE US dollar yesterday opened stronger In the Far East but eased when Europe started trading, due to expectations of further cuts in US discount and interest rates. There was relatively heavy trading in the US currency against die Singapore dollar. The US unit opened at 552.1380/70 but
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      • Article
        TOKYO
        168 2 THE DOLLAR lor overnight delivery yesterday closed at 253.75 yea, «ell below the day's Ugh of BUS after lale profit-taking. This was above the apestag of 81.81. tart hdow both the SUS/S4JQ finish in ,n I I a New tuk k ovmugm, mn Tuesday's £5.01 dose. Trading vntause was
        168 words
      • Article
        PLR
        22 2 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 10.81 per cent.
        22 words
      • Article
        ASIANS RATES
        166 2 ASIAN currency deposit Interbank rates as at close on July 21: S5r~S2P 7<Ujr« lift 11* 1 month 12 7/16 125/18 2 months 13 12% 3 months 13* 13* 6 months 141/16 1315/16 9 months 143/16 141/16 12 months 14 3/16 141/16 DHHM. 1 month 3 months 6 months
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      • Article
        Discount
        35 2 RANGE of prt M oOm *d by com kMM am Jntr a. 4% t liy^f 3-montb TrmnirybUU w 3* 3-month Bank bills M •H innthiCD VM i/ie < montlu CD n Source: National Discount Co
        35 words
      • Article
        London
        25 2 LONDON firlMfra opcnU» Lia$m ChB-lMMI Cta-UM/S Dn-iTM/ms Mrt-um/n Ft (em) MM/n 7 lUHMH r—ZZT 9 D Kr mw/w mi m—in IBr-NJMi i*Kl-MM/MM PW-IH/UUI -1
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      • Article
        GOLD
        300 2 GOLD futures closed sharply higher than overnight levels in moderate trading on the Gold Exchange of Singapore yesterday. Opening prices were marked up between US$l23O and $13j0 an ounce reflecting the metal's sharp rise in New York overnight and thereafter the market fluctuated marginally throughout the session. Total sales
        300 words
      • Article
        Silver quotes
        30 2 New Yak 1MB 1MB 6.97S UBS Zaricb UB «.«SB IBS tM «M Turn MSB MSB 7JB8 LBS Qoriaf price* tn US doDan troy ommot Source: Credit Suisse, S'pore
        30 words
      • Article
        HONGKONG
        193 2 THE US dollar was basically steady against other major currencies except the yen yesterday, with traders awaiting overseas indications, dealers sakl. It rose to 2.4481/88 marks from an early *****/88 but within New York's range of 2.4470/10 hot eased to 253.70/ 85 yen from 253.97/254.07 and 25SJ0/84A0i Dealers were
        193 words
      • Article
        Treasury bills
        41 2 THE Monetnry Authority of Shmanore has invited banks nan discount houses to tender Cor a total at *100 mutton M-day Treasury bilk to he issued from July M to JO. Each tender must not be for lam thaa SBlBBO
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      401 2 Asia, at your finger tips... /\thcr than speed reading, there is another way you dan know a great deal more in much less time. The VJ 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
      401 words
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  • TRADE AND INDUSTRY
    • Article
      Use of cartoon characters for promotion
      376 3  -  By RICHARD SEAH YOGI BEAR, Fred Flinstone, Quick Draw McGraw and some 50 other cartoon characters are up for sale. Hanna-Barbera, one of the world's largest producers of animated films, is selling the rights to use its cartoon characters in products promotion. The rights
      376 words
    • Article
      Shortage of skilled welders in industry
      191 3 THE Vocational and Industrial Training Board (VTTB) is thinking of reducing the size of its welding courses and using the resources to develop other training courses. Dr Tay Eng Soon, Minister of State for Education, disclosed this yesterday at the opening of the conference
      191 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      227 3 HANIF Base (above) is heading Robin Information Systems' newly-established Malaysian operation. Prior to joining Robin Information Systems (M), Mr Hanif was the head of the computer division of Peraas Trading. Cheak Bag K«ag, formerly senior marketing executive of Pernas' Computer Division, has been appointed marketing manager. Oak
      227 words
    • Article
      Why industrialists avoid using robots
      424 3  -  By KOH TSE YING LOCAL industrialists hesitate to introduce robots because of the lack of information and understanding of robotics. Mr Steve Choo, protem chairman of the Singapore Robotic Association, said the lack of information has led most people to think that robots are practicable
      424 words
    • Article
      SBS to start interior panel advertising
      422 3 THE Singapore Bus Service expects to gross over 16 million from bus panel advertisers this year with the introduction of a new form of interior roof advertising. Some 1,000 new and relatively new buses, including about 300 double-deckers, will be used for such advertisements.
      422 words
    • Article, Illustration
      Latest in Caterpillar series
      423 3 TBADE TALK CATERPILLAR has introduced its latest "Series L" advanced design track-type tractor. The distinct feature in the new DBL model is the elevated sprocket design which removes final drives from the work environment and roller frame alignment loads for extended power train life. The DBL
      423 words
    • Article
      Good fashion mix at Scotts
      420 3 SCOTTS Building, a shopping-cum-residential centre now under construction along Scotts Road, has leased out almost all its shops since its marketing campaign began six months ago. About 90 shops excluding the anchor tenant Metro and the Swiss restaurant, bar and cafe chain, Movenpick have taken
      420 words
    • Article
      Survey on the use of welding materials
      298 3 A SURVEY on the use of welding materials in the steel fabrication industries has estimated that, baaed on electrode consumption and sales of welding machines, the Singapore market for welding equipment and consumables is worth about 1100 million annually. The survey covered manufacturers,
      298 words
    • Article
      CPF home claims total $936,800
      139 3 THE CENTRAL Provident Fund (CPF) Board has received claims totalling $936,800 at the end of June on its home protection insurance scheme. The scheme, established in January this year, aims to protect home owners of Government-built flats in cases of sudden death or permanent disablement
      139 words
    • Article
      MEMO PAD
      604 3 SEMINARS AND COURSES July 14-Aug 6 (Wednesdays and Thursdays): Quality Control Circle Facilitator Course, YMCA, NPB July 16-30 (Mondays, Wednesdays and Fridays): Quality Control Circle Lead- er Training Course, YMCA, NPB July 19-23: Teamwork and Group Performance, YMCA, NPB July 19-23: Discipline A Grievance Handling (Mandarin), Institute of
      604 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      105 3 m /.t n 3T»* c 1% a Are you fed up with the deceptive description of "furnished apartments? We have enlisted the eye of famous Thai interior designer, Dang Kongsak Yuktasevi, to create a series of beautiful living environments. Now you have the choice of several designs in various colour
      105 words
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  • OVERSEAS
    • Article
      Tokyo protests against US economic sanctions
      357 4 JAPAN has protested strongly against US economic sanctions against the Soviet Union which are blocking a Soviet-Japanese project to develop oil and natural gas near Sakhalin island. Japanese Ambassador to the US Yoshio Okawara on Tuesday delivered verbal and written protests over the sanctions
      357 words
    • Article
      Lock icon US falling behind in science
      230 4 AP AMERICAN leadership la aa operating Industrial revelation, baaed ea Ugh technology, may be Jeopardised by growing scientific illiteracy, says the president of the US National Academy of Sciences. Dr Frank Press said the US eontinnes to pioneer many innovations, saeh as la electronics aad
      AP  -  230 words
    • Article
      Lock icon EEC adopts new stance on dispute
      738 4 Agencies EUROPEAN Economic Community governments have made a last-ditch offer to solve an acrimonious dispute over Europe's steel exports to the US. With a July 24 legal deadline looming, the EEC commission in Brussels yesterday abandoned .its efforts to persuade the US to drop
      Agencies  -  738 words
    • Article
      Lock icon Bonn's trade with Eastern bloc declines
      288 4 AFT WEST German trade with Eastern bloc countries has dropped sharply. The Bundesbank, in its monthly report published on Tuesday in Frankfurt, said exports to the Eastern bloc (excluding East Germany) last year made up only 4.9 per cent of Bonn's total exports down
      AFT  -  288 words
    • Article
      Lock icon US June personal income rises
      127 4 Reuter PERSONAL income in the US rose USJB.7 billion, or 0.3 per cent, in June to a seasonally adjusted annual rate of UJXL bflllon, the US Commerce Department said. The June gain followed a May increase of $11.4 billion or 0.7 per cent Income rose
      Reuter  -  127 words
    • Article
      Lock icon Thatcher adviser expects inflation at 5pc
      289 4 Reuter THE prospect of UK inflation falling to 5 per cent has been endorsed fay Alan Walters, the prime minister's economic adviser. At a private lunch at stockbrokers James Capel on Tuesday, Walters said that contrary to most lending UK economic forecasts, he expected
      Reuter  -  289 words
    • Article
      Lock icon Brock unaware of any Reagan decision on grain pact
      588 4 Reuter US TRAM: Representative Bill Brock has said he is not aware of any decision by President Reagan to extend a grain pact with the Soviet Union for one year. He said the US had yet to Initiate any formal or
      Reuter  -  588 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      634 4 ARRIVALS Service Local Operator Number Tine From MAS PAA SIA SIA MAS MAS RBA MAS SIA CAL CPA SIA MH1SA PA006 SQtt SQ101 MH671 MH680 Bid MH651 SQ201 CB14 CX710 SQ103 0020 0145 0706 (MB M0 0955 1000 1030 1030 1030 1035 1035 KUL JFK/SPO/HKG MAA KUL
      634 words
    • Article
      Lock icon ITC plans to discuss stockpile sales with US
      563 5 AFP THE International Tin Council is likely to send a strong delegation headed by executive chairman Peter Lai to Washington in the near future to discuss the problem of US stockpile tin sales on the world market at a time of massive
      AFP  -  563 words
    • Article
      Lock icon Global economy faces threat of destruction
      169 5 Reuter FORMER World Bank president Robert McNamara yesterday said the global economic system is threatened with destruction because of a series of experiments in government management. Addressing the annual meeting of the Rome-based Society of International Development in Baltimore, McNamara floated the idea of
      Reuter  -  169 words
    • WORLD IN BRIEF
      • Article
        Lock icon NUCLEAR TREATIES
        454 5 Agencies PRESIDENT Reagan, voicing new suspicions about Soviet compliance with agreements, will ask the Kremlin to renegotiate stronger verification measures in two treaties Hmiring nufclear tests. Reagan's decision was disclosed on Tuesday by senior US officials who said the White House felt great uncertainty over whether or not
        Agencies  -  454 words
    • Article
      Lock icon Beating hastens Control Data plan to close plant
      374 5 UPI t- CONTROL Data of the US ig says the beating early this a- week of five union activists r- hastened a decision to close ts the company's electronics i- plant in Seoul, South Korea. x Spokesman Quentln Hietpas said on Tuesday
      UPI  -  374 words
    • Article
      Lock icon Australia's biggest gas project on schedule
      240 5 UPI AUSTRALIA'S biggest resource development, the North-West Shelf gas project, is on schedule »nrt may even be operating before its 1964 operating date. Project officials said t»iir« being held this week in Perth between the parties in the Joint venture, the Western Australia State
      UPI  -  240 words
    • Article
      Lock icon Planes at Narita had contaminated water
      192 5 AFP DRINKING water carried by half the planes flying Into Tokyo's Narita international airport was unlit for drinking because it bad been contaminated with colon bacilli and other germs. The quarantine office of the Health and Welfare Ministry at Narita airport said that a
      AFP  -  192 words
    • Article
      Lock icon Mitsui indicted over steel sales
      465 5 Reuter THE giant Japanese Mitsui company and three businessmen have been accused of conspiring to import steel into the United States at unfairly low prices. US attorney Anthony Russonielk) said the indictments, delivered by a federal grand Jury in San Francisco on Tuesday, followed earlier
      Reuter  -  465 words
    • Article
      Lock icon Moscow said to be spending more of wealth on defence
      727 5 NYT THE US Defence Intelligence Agency has estimated the Soviet Union is spending more of its national wealth for military power than previously reported. At the same time, the Washington-based agency yesterday said the output of some weapons has declined
      NYT  -  727 words
    • Article
      Lock icon Sharp rise in rate of world business failures
      807 5 Reuter BUSINESS failures have risen sharply in many parts of the industrial world under the impact of recession, and in the US, companies have been going bankrupt at a faster rate than any time since the *****. Analysts in London yesterday said
      Reuter  -  807 words
    • Article
      Lock icon Korean investments
      143 5 AP SOUTH Korea's equity investment oversees from 1968 to the end of last month totalled USPO9 mim« for 335 projects. The figure represented an increase of 35.7 per cent from a year ago when investment totalled U54 sriMsn far 301 projects, Bank of Korea reported yesterday. The central
      AP  -  143 words
    • Article
      Lock icon Reagan's views on sea law treaty
      246 5 AP THE US State Department in Washington said President Reagan decided against signing the Law of the Sea Treaty because of its failure to include deep seabed wining provisions which meet US objectives. James Malone, Assistant Secretary of State for Oceans, on Tuesday said
      AP  -  246 words
    • Article
      Lock icon US denies Japanese being made victims
      233 5 AP l REAGAN spokesmen said there is no J organised crackdown on Japanese companies operat- ing in the US in spite of the third indictment of a Japanese company in three I weeks. US Justice Department chief spokesman Tom Decair said the US is
      AP  -  233 words
    • Article
      Lock icon Bankers against more bonds
      120 5 Reuter TOE Japanese Federation of Bankers' Associations opposes measures to stimulate the economy that require massive dotation of national bonds. Yoshiro Araki, president of the federation, said the Japanese economy does not need any "artifical" as—of accelerating the slowing pace of development. Despite declines in industrial
      Reuter  -  120 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      112 5 VOUR MIGHT in SHininG RRmouß n The Knight Safe provides superior resistance to forcible entry by means of oxy-acetyiene, manual or mechanical tools. Attack on its lockings systems will automatically activate double relocking devices. Further anti-burglar reinforcement is provided by incorporation of Tangbar in the door. The Knight Safe is
      112 words
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      Page 5 Advertisements Column 2
      25 5 HGoodwood PaHc Hotel Business Meet Hour 5 pm 8 pm (Monday Friday) Open to the public Drinks at reduced prices. i ma m f%Sm 9
      25 words
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  • Article
    No room for misgivings
    354 6 MANY PEOPLE were adamant on one point when the Central Provident Fund (CPF) announced the start of the second phase of its approved private residential property scheme. There could not be many members who could make use of the scheme as only a small minority would
    354 words
  • Article
    Natural consequence of world recession
    246 6 COMMODITY prices have been falling for a good while and rubber is just one of the many commodities that have suffered under the weight of world recession and the consequent poor demand and depressed prices. After a buoyant year in 1960, the commodity market took
    246 words
  • Article, Illustration
    Lock icon Clash of the Cola titans in HK
    843 6  -  The two giants of the cola business, Coca-Cola and Pepsi-Cola, are squaring up to each other in Hongkong in the latest round of their fight for world-wide soft drink supremacy, reports ROBERT COTTRELL ROBERT COTTRELL FT THE relative merits of Coca-Cola and Pepsi-Cola
    FT  -  843 words
  • Article
    Lock icon Tax cuts study: Some insights
    1245 6  -  By KAREN ARENSON NYT DO TAX cuts pay for themselves? When economist Arthur Laffer captured America's imagination and presidential candidate Ronald Reagan's with his contention that they do, many dismissed the claim of the professor from the University of Southern California as ludicrous. But while
    NYT  -  1,245 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      640 6 CRYPTIC PUZZLE ACROSS 1 Bitter when getting electricity free (5) 6 Cricketer to pass with an exclamation of surprise? (5) 9 Tommy sold most of the pier (7) 10 Good man, Russ (5) 11 Approaches a listener in two very different ways (5) 12 Fishy attractions (5) 13 Cut off
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      764 6 Annual circus of the stars SINGAPORE 5 THE Sbcth Aaaaa/ Cbvas af tke Start eiBM aa at Hapuaten IM» Bum, Bsh Newhart, Broeke SkfteMs aai EUtol GmM lMjm ta aksat stay to om4 Ml wkat kad hllMil to her Mi Mr taVuato etitritUr, Harry Cartker exWhile Beaaa tad Elite etoek
      764 words
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  • Article, Illustration
    Lock icon S African industry pays for protection
    872 7  -  The extended military call-up and legislation forcing owners of strategic plants to step up security are adding to South African manufacturers' costs, reports BERNARD SIMON. But the uncertainty means profits for companies in the security equipment business. BERNARD SIMON FT a viarwK to tne
    FT  -  872 words
  • Article, Illustration
    Lock icon Opening up new vistas for farmers in the outback
    558 7  -  Till recently, farming communities in Western Australia a huge state that covers one-third of the Australian continent had been prevented by time and distance from improving themselves educationally. Now, GEOFF MORRIS reports, the Technical and Further Education Division of the Western
    AIS  -  558 words
  • Article
    Lock icon 'Richest hill' is now just a hole in the ground
    829 7  -  Butte, Montana, was once one of the world's richest mining towns. Now the immense copper deposit that made its fortune is almost exhausted, and the dwindling number of miners have to look for Jobs elsewhere not easy in recession-hit America.
    FT  -  829 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      250 8 Where to wine, dine and entertain wttti the American Express Card popular Nony* Buffet T~i r* Luncheon ar a special price. With tongue ISSrjjj/ Timim,*^'* JuSiMf just to name a few. yyy v Take your pick, it's great food, going for a song! Come from 12 noon to 2.30 |nn
      250 words
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      Page 8 Advertisements Column 2
      172 8 For lunch hor dinner lor a rirhh; rewarding experience F < >r rt-sfrv.itions 7 j i. H' < n<iir\ I'nrk Slm-iiiloii Sii 14^j offers JAZZ BRUNCH onSundays 10.30 a.m.-3 p.m. $21 per person Please coll *****88 ext 663 for reservations HYATT RtG£NCYOSINGAPORf W7i -fc- m I* p Chef Stelner's culinary
      172 words
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      Page 8 Advertisements Column 3
      110 8 I he perfect end to a romantu dri\e. (o\ti\i:\t.S I i i\( A Yniifaefcial An offering of the finest i in Chnese and Seafood ciasine ■■■<< i il t rx Y'-\ T-f T J&KKE M PT I f\ Tr OLjr Seafood jj buffet lunch i served daily at $25 per
      110 words
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      Page 8 Advertisements Column 4
      200 8 Hie Quest for Gourmet Adventurers GOG At the Inn of Happiness. lYout search is over. The quest accomplished. Whatever you choose, it's bound to be memorable. A A great place to be. '»t Eight fiery entertainers in a J pulsating song and dance spectacular. For Information and reservations, please call
      200 words
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      Page 8 Advertisements Column 5
      223 8 ftfc as good as going to Bangkok. m Thi# is Thai Seafood at its authentic best So trash, it could have been alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant Cockpit
      223 words
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  • RAW MATERIALS
    • Article
      STRAITS TIN
      82 9 TBS mum smite Hi price ta Peaaag rraster I ui hsagt* at Ike later aatteasl 11a AgreeaMat Deer level ef Ms2t.l* a kite. Hm kaffer sleek i—tlaaii Ma heavy sappert taking the total dealers said. Taraaver iwM Mgk altkeagk tt fell to Ml toaaes tnm aad rattening waa
      82 words
    • Article
      RUBBER
      274 9 RUBBER futures in London yesterday ended a quiet morning steadier, between 0.40 pence and 0.60 pence a kilo above Tuesday's close in traded positions. Dealers said a few buy orders lifted prices in a featureless market, There was little incentive to trade futures as eastern markets were closed and
      274 words
    • Article
      LONDON MARKETS
      1040 9 COPTKE: Robusta coffee futures were mixed at midday yesterday, £13 a tonne lower to £5 higher on Tuesday's close in traded positions. Following a slightly steadier opening prices generally traded in a narrow range, amounting to £7 in most traded September. The contract ended the morning £5 steadier.
      1,040 words
    • Article
      Active trading
      1004 9 NEW YORK STOCKS A LATE rally caused stock prices to close higher on Tuesday after meandering within a narrow range all day. as the market reflected increasing confidence on the part of investors that interest rates are finally moving lower. The Dow Jones industrial average climbed some three
      1,004 words
    • Article
      Produce exchange
      173 9 CHINESE Pniißi 1 par 1M kg joMiy. Citiiti all: Bulk fob $99.00 aellen, old drum (in aecood hand dram) lob $111.00 sellers, new dram fob $115.00 aellers. Cape»: Mixed (loose) $52.00 buyers. Pappar: Muntok white pepper fob Asta NLW $315.00 sellers, Sarawak white pepper faq fob NLW $310.00
      173 words
    • Article
      WHEAT
      187 9 WHEAT futures in Chicago on Tuesday recovered late on mainly local short-cover-ing to settle with gains of one to 3Vk US cents a bushel. Traders attributed the firmer afternoon trend mainly to the sharp Jump in gold futures, which traders viewed as reflecting an improved economic climate. Sentiment that
      187 words
    • Article
      PALM OIL
      137 9 THE MALAYSIAN crude palm oil market yesterday weakened further on continued selling interest in fairly active trading, dealers said. In July, North fell Ms4o to $650 a tonne and South $29 to $670, August in the South fell $35 to |660 while North and Central dropped $37.50 and
      137 words
    • Article
      Lock icon Why Chile is keeping copper markets in check
      323 9 Reuter THE reported Chilean intervention in world copper markets is probably only a partial hedging operation linked to its contract sales to consumers. Commenting on reports from Santiago that the Chilean Copper Corporation (Codelco) has been intervening in world markets since July
      Reuter  -  323 words
    • Article
      RICE
      332 9 HNGAFOBJB: Yesterday's closing prices in S$ per kflo, ex-godown: THAI WHITE: 100 per cent first clan (Kangaroo) new crop LOO, 100 per cent second class o.®, 100 per cent third class 0 JO, 25 per cent new crop no stock, B-10 per cent 0.77. THAI BROKEN: A-super 0.00, Special
      332 words
    • Article
      TEXTILES
      195 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattan yam: Chins Blue Phoenix 20s 2,445; 32s 3,000, 40s 3,300 (per bale of 400 lbs). Plsee (Nisi Chins Butterfly and Globe brand unq; Dragon ijead unq; Five Lambs unq; Flower and-&itterfly unq;
      195 words
    • Article
      SOYBEAN
      132 9 CHICAGO soybean futures on Tuesday rallied late to close near day's highs, up half a cent a bushel in spot July to up eight US cents in distant July. Prices followed the trend in financial markets all day, and the sharp Jump in gold futures late sparked sympathetic local
      132 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      94 9 N/ Where taste still matters. The elegant restaurant in the heart of the financial district serves cuisine franqaise exclusively. For Luncheon, from 12 noon 'till 2.30 pm... and for Dinner, from 7 pm 'till 11 pm. For Reservations, telephone *****66. On the sth Floor of The Octagon, 105 Cecil Street,
      94 words
    • Advertisement
      Page 9 Advertisements Column 2
      0 9 )?'<`=>/.,@(^-^)~)(^[)?;\[^+*;`
      0 words
    • Advertisement
      Page 9 Advertisements Column 3
      111 9 >se. The weight erf those heavy business lunches is starting to build upon you. And you desperately want to get back into shape. You can, with Dietvite. Because Dietvite is anew, rich-tasting, hunger-satisfying way to diet. It's a convenient, balanced meal replacement containing carbohydrates, proton, vitamins and minerals to keep
      111 words
Page thumbnail Page 10
  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1509 10 BID and after price* officially Hated and hurtiim 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 ON* INDUSTRIAL COMMERCIAL Acma (179B) (1)280(1)179X0
    1,509 words
  • Article
    Unit trusts
    181 10 HNGAPOtt UNIT TOIOT DIAMOND MOI r STOW B (MlBHiH'frt— The Commerce -S"U (Ma—tin' prisss Diamond tar July M) The Sivtqp Fund 1.54 1.6 Spore Fd(USJ) 0 53 0.57 S pore Prof Fund 121 1.27 SI ia S pore Sec. Fund 186 1* (June) S pore Invert Fund S
    181 words
  • Article
    SHARE INFORMATION SERVICE
    2838 10 1982 Hl«k Low Company Last Sale orGr'a Div Div Cvr Gr'a Y'ld Net P/E Vol <•000) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 390 233 aot 330 Ml 201 480 328 347 184 246 316 80 171 383 240 Acma Alcorn Allied Choc BAT Bata Ben Berjaya
    2,838 words
  • Article
    In Kuala Lumpur
    1280 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. iNDunmuu iCM (3.Q28 3.306) zd <»■■■<■ (3.106) AIM (1.0» 1MB) 1 06
    1,280 words
  • Article
    COMPANY MEETINGS
    160 10 FBA8EB 6 Neave Limited: Eighty-third AGM to be held At the OCBC Centre (19th Floor), Singapore 0104 on July 29 at 11 am. HWA Beag Manufacturing Cmpuy Limited: EGM to be held at No. 29 Jurong Port Road, Jurong Town, Singapore 2261 on July 29 at noon. BUKIT
    160 words
  • Article
    Share index bounces up 10.44 points
    903 10 BHAMW stage* a sarprtoe pre-Hart Kay* holiday rally the Stagapere itoefc nwket ycitorMy after five mosecattve if i ill in sf falh had takes the wldety-feUewed Straits Tines ladastrlals IMex BJI palate lewer to a aew IK2 tow of M.17. Shert eeverlag activities, pies
    903 words
  • Article
    KL stocks rise on broad front
    488 10 SHARE prices rebounded on a (airly broad front on the Kuala Lumpur stock market yesterday after two straight sessions of losses. Overall, values finished off-best on the day but a number of stocks scored double-digit gains. Turnover continued to fall yesterday with only 2.71
    488 words
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  • COMPANY NEWS
    • Article
      Paper Products moves to stabilise earnings
      576 11 PAPER Products (Malaya) Bhd'i move into property development is to enable the company to tap a more stable source of earnings for the group. At the same time, it will widen the base of the group's operations, its chairman Dr Mohamed Tajuddin Mohamed Jali
      576 words
    • Article
      Lock icon NCR to introduce more new products
      207 11 Reuter NCR Corp plans to introduce more new products in the next two years than in any previous two-year period, chairman William Anderson said in reporting second quarter earnings. He gave no further details about the planned new products. NCR's second quarter net dropped
      Reuter  -  207 words
    • Article
      Ashton to begin diamond mining soon
      191 11 (W) A *sinsy^teS*S Western Australia, In which Malaysia Mining Csrnsratfsn (MMC) hns an Indbeet Interest, ftp expectedto startlMM nflawMsfes. CRA LM, fts BMjsrtty K2ST4fiS£SB quarterly report that nsiU SmScST the flnl commercial arsdnettsn IMB Iks venture's Argyle alluvial deposits. Jiysn MlnlngCis^iny, Msrtsilr, folsturaitjff een^swnedJq^MMC.
      191 words
    • Article
      Lock icon Toronto market may reach new low in autumn
      509 11 Reuter STOCK market analysts said they expect a summer rally in Toronto stocks, helped by optimism about lower interest rates, but predicted this would be followed by a sharp sell off this autumn. They said poor corporate returns and high debt loads
      Reuter  -  509 words
    • INTERNATIONAL STOCKS
      • Article
        Amsterdam
        100 11 JOLTS 1 Pte AMmat mm •U ♦a* ana 411 AKZV WIM nm •u -1 saMM Hi 1 4-1 J7M imch Catena U MM 41 -«S CfctoOteft -Li Ml MU MM out +(U Mte ■M MM MM -CI ♦•J Ortu MM ♦M SEE* SIM MM ISM ♦M ♦•a nwA i
        100 words
      • Article
        Paris
        97 11 JULY IB oownu IMM* ■jl^SoeM «ai IM •4 car on. mm f I -U C*Tn tar gas* ■u •u < rSS rata CMH j»r» ss -L» -Ui Hi »fcr a» MM M 1 fMI r na -BJ 3 (IN Oh B *taa -U ■pa a M lU- SSrL mm
        97 words
      • Article
        Frankfurt
        51 11 JULY w tm SyiT Sf* S.. i.L, gttMggrarA mSSST 1UM Ht Ummrn m -«j ■gag Bp** iui +u uj*_ ZZZmm tu fflr"* 1 mmmmmh m» gsar 1 hi w ■ctart* SflJI H til* ♦u Ttiy—ii tarn 1BJ* H4 ♦a UMB UWhMl n ii M Bond Aal it HAMBUBC S
        51 words
      • Article
        Brussels
        53 11 JULYS m ♦A IOKWA1Da M—m 1ABI UT srfwn IM ai m am 1 4 3 -m 2SP" MM Mi 1 4 -A 1?" IM 1 an i -m in > -M MM -W 1 11a > -M s;* i -M ?f -m DHIn MM +w CASH MAI III SI
        53 words
      • Article
        Milan
        44 11 JULYS UN m tut rm -a •a ,-J m -t m -a t cti m I -r■a -u -a i -ai ■4 > -a t^i I' 1® i -r 1 ♦1 ♦1 —r 1 -a H l -a. -ai •a -M ■a wm +g
        44 words
      • Article
        Zurich
        29 11 JVLY mats SKE&LzzrS iS atoSSrc IS m «£l=g riwn L mfc_ -H SSwEZZl t. tnSJSSTSr*! s* y y*- 7 MM MKN. wft mmSSv m S* OntaafeMkOt h «"^r—«
        29 words
      • Article
        JO'BURG
        87 11 < L fc- t——— g*p» MM Mt Efesi rtmm MB rum Rarnpi ■M M r IUM 1M U US ♦1 1 ♦a -i ♦i SSSMSS* «fO-« Ommtrnrnt IJmtmm na U* W M s ♦i ♦u MINING ■f. DM sr m ♦a -w Mi -Ma OmmWmrn fifa-" IIIMp sss m
        87 words
      • Article
        TORONTO
        69 11 JOLT» 9 —I as. a a ggg.-»_jg |r ya»M mm M ggS f! SJaiir 3» v MMM»OI» 55 7« OattMCHl MM M wMPmi Ha M am UK M M M MOk mmtrn M 11M BH •M m -M tH M M ♦M ggg^ 1 U at ZZ MM ■»*<
        69 words
      • Article
        Fairly active trading
        270 11 HONGKONG STOCKS closed steadier jnreH i il»j in ttw with Wall Street's finish on i nsehlfrathsu that mare US beaks have cut Hi* prime rates to 11 per cent, broken said. Trading was (airly active in the half-day session, with some profit-taking cited towards closing. The Hang
        270 words
      • Article
        Tokyo shares close lower
        171 11 SHARE prion, after initial galas on the back of the overnight rise on Wall Street, closed lower yesterday with pearimtam emerging over aa early recovery of the domestic economy, dealers said. The market average lost 1.94 points to close at 7,***** on light teinme of 360
        171 words
      • Article
        Sydney
        211 11 SHARE prices yesterday followed overnight rises on Wall Street sad in London with «11 sectors gaining as local and overseas investors responded to tails in key US interest rates and higher gold prices, brokers said. The All Ordinaries index gained 10.7 points to 473 J. BHP, CSR, CRA, WMC,
        211 words
      • Article
        Bangkok
        73 11 JULYS! Baku A •■MM ■iwi m istsir Int —t IB 7 1 cn ■ITM m >■* m HI ny f^y^. o§a TLrr ltUi cfe nmbOhmbi— tfeftJi m KhmImi M. M M M Hi ■J -H ♦1 1 ♦1 ♦1 41 14 1 1 i eh sssr** jM an an
        73 words
      • Article
        Manila
        31 11 rn.ru rmm Ml Ml U 41 hm»i m* ♦mm RTS" i 3> sssST a ta +M§ •5 HI oi. +M» SST ♦2m M HI —ar sr tt« MM* MM HM
        31 words
    • Article
      Lower growth makes stocks vulnerable
      664 11  -  Bark* Talk By NAJEEB JARHOM THE Singapore stock market remains vulnerable in the Hght of the expected lower growth rates of both the Republic's and Malaysian economies for this year. Investors' defensive mood is dearly visible ss they become distinctly more aware of enrobes and
      664 words
    • Article
      Glenealy profit slightly higher
      183 11 INVESTMENT holding company Glenealy Plantations hns turned In msrglnslly better pre-tax profits of MfßJf million (SBJ7 mim-. previously) for the year ended June 30,1982. Glenealy derives Its income mainly from its substantial investments in both quoted and unquoted companies. Glenealy owns a 33 per cent Interest
      183 words
    • Article
      Rothmans pre-tax up
      173 11 ROTHMANS International PLC has reported pre-tax profit of £105.2 million (£71.2 million) for the year ended March 31. Sales amounted to £2.77 billion (£2.38 billion previously). Earnings per share is 30.2 pence (119 pence) haste, or 113 pence (9.5 pence) fully diluted. A final dividend of 3.25
      173 words
    • Article
      DIVIDENDS ANNOUNCED
      448 11 Carnal b BMIB Ma lttaltar Mai tar PlpMaft Date dan Papttta the year Prevteaa; ISLM^ 3*TE(b) WHO 4*TE Jul 13 Jul 23 Aug3 Jul 26 Jul 30 Aug IS Aug 26 Aug IS Sep 14 3*TE xcz. JJ7T 8%TE 1.7%TE 20% 9%TE PAH OMBJi 17% 7M«(b) 9* Jul
      448 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      142 12 Rites Indices srsr* 1080 SfO -1-40 +30 BT Indicator: July 30 July a Owwl Corp +30 *****1 *****6 MUI m 34 ST Indu«triak: 689.17 171.61 PMC 338 +22 ST Finance: 162.83 1629.91 CKTuf 00 +30 ST Hotels: 1066.61 1061.77 Bom LMII lad oul 549 100 +30 15 ST Properties:
      142 words
    • Article, Illustration
      KUALA LUMPUR
      154 12 Rites Indices Gen Corp 372 C Sugars 1200 H Lad 596 A Hitam 660 MUI 352 PMC 362 Text Corp 196 S Trading 560 PaadN 620 OCBC 880 Pan Elec 346 Falls H L Finance 725 KLInd 310 M Banking 640 +32 +30 +25 +25 +22 +16 +15
      154 words
    • Article
      Selected indices
      51 12 FINANCIAL TIMES Wednesday 1307.74 INDUSTRIALS Tuesday 1300.96 Week Ago 1280.42 Tuesday 576.2 Monday 900.8 AUSTRALIAN Week Ago 554.3 INDUSTRIALS DOW JONES AVERAGE Wednesday 8220 INDUSTRIALS Tuesday 815.1 Week Ago 811.9 Tuesday 833.43 Monday 838.10 ALL ORDINARIES Week Ago 824.20 Wednesday 473.3 HJC.I1 ANG SENG Tuesday 462.6 Week Ago
      51 words
  • Article
    Nanyang, Sin Chew to meet separately on merger
    206 12 NANYANG Siang Pan Singapore »«h sin Chew Jit Poh will hold separate meetings on Aug 17 to seek shareholders' approval on the merger of the two Chinese newspaper companies. Both companies will hold two meetings each, one for shareholders of management shares
    206 words
  • Article
    Capital of Straits Services
    109 12 i STRAITS Services Ltd, a newly set-up Hongkong subsidiary of the Straits Steamship group, has an authorised capital of HK$3 million comprising shares of HKH each. Its paid-up capital is HKJ2.27 million, of which 75 per cent is held by Straits Steamship Co Ltd, the group's
    109 words
  • Article
    LONDON STOCKS
    756 12 GOLD shares on the London Stock exchange opened firm yesterday, reflecting the overnight surge in the bullion price but elsewhere the market was mixed, dealers said. At noon, the Financial Times index was down 1.2 points at 575.0. Amgold was up US$3.5O at |57 and Harties rose $2.50
    756 words
  • Article
    Lock icon Dow Jones higher
    102 12 AP NEW YORK stock prices advanced broadly yesterday morning with a boost from government statistics suggesting the beginnings of an economic recovery. The Dow Jones average of 30 industrials gained 2.47 points to 835.90 in the first half hour. The US Commerce Department issued preliminary figures yesterday
    AP  -  102 words
  • Article, Illustration
    Pahang Con asked to abide by KLSE rules
    762 12  -  HUB i I Companies Editor: llano Sabnani By ALAN LEE THE Kuala Lumpur Stpck Exchange (KLSE) has asked Pahang Consolidated Company to confirm In writing that it will "in future comply strictly with all the listing requirments of the exchange". This applies
    762 words
  • Article
    Selprop group pre-tax profit increases 15.7 pc
    290 12 IN SPITE of the slowdown in the Malaysian property market, Selangor Properties Berhad has managed a 15.7 per cent increase in group pre-tax profit to M 59.78 million for the six months ended April 30, 1982. No reasons for the better performance were
    290 words
  • Article
    Proposed bonus and rights issues to raise FSC Bank capital to $50m
    261 12 FOUR Seas Communication Bank, a 99 per cent-' owned subsidiary of Oversea-Chinese Ranking Corporation, has proposed bonus and rights issues which will raise its capital from $20 million to ISO million. To accommodate the increase in capital, the
    261 words
  • Article
    Acceptances received for MPHB offer
    129 12 ASEAMBANKERS, on behalf of Multi-Purpose Holdings Bhd, has received acceptances in respect of 26.565 million shares representing 36.9 per cent of the share capital of Dunlop Estates Bhd at the close of MPHB's offer on July 20. Of this, owners of 26.434 million elected for
    129 words
  • Article
    COMPANY BRIEFS
    106 12 GENERAL 8eearities investments announced its unaudited consolidated net tangible asset backing stood at $1.88 per share as at June 30. KUCHA1 Pi nlifint M reported a 33 per cent drop in its unaudited pre-tax earnings to MfEB.TBO far the first half-year to June 30,1982. Output of tin ore
    106 words
  • Article
    Haw Par group to distribute ITT consumer products
    428 12  -  By SIOW LI SEN THE aggressive Haw Par Brothers International Ltd group has acquired yet another agency. From July 15, Haw Par Consumer Products Pte Ltd, a wholly owned subsidiary of the group, has the sole rights to distribute ITT consumer products
    428 words
  • Article
    Malayan Banking Bhd
    78 12 IKE btoek af 1.7 niM— Mftlftjfta B»iU>| Bhd ■bane Mniiy by Tu Sri Un Teek Put wen tna—cted at MUM ft total «f fllJf terdfty by Prftser ui CMtpftay (Pie) «IU mM tbe tnuMftdtoft wu tec ■■riiiil Imli wttb La—g •ad Ca, ft Iwh Lam par Tm
    78 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      329 12 Gg^EiKjctopaedia Bntannica 3 1 give yourself and your family Britannica advantage! and the it's the key to success in a competitive world That's why you should give your child all the advantages you can. Especially the tools for success. (That's what a parent's love and responsibility are ail about.) Certainly
      329 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      57 12 OUTLOOK for Singapore today: Likely to be a fair day. Report tor 24 hours prior to Ml pm on July 21 at the airport: Maximum temperature ~.31.0 Associated humidity 67 Minimum temperature 24.8 Associated humidity 96 Hours of sunshine 4.35 Rainfall in millimetres Trace Total rainfall for the month 76.3
      57 words
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  • SHIPPING TIMES
    • Article
      Lock icon Japanese report cautions reliance on foreign ships
      319 13 Reuter ?*JAPAN'S transport ministry the country should increase reliance on its own •"merchant ships and crews in international trade to protect national security. The report, entitled "the current situation of Japanese shipping", said Japanese ships accounted for 56 per cent of the nation's
      Reuter  -  319 words
    • Article
      Further increase in Singapore's seaborne cargo
      635 13  -  By JAN LEE TOTAL seaborne cargo passing through Singapore continued to improve substantially over last year's performance, in spite of the current trade slump. According to data furnished by the Singapore Department of Statistics, a total of 32.33 million freight tonnes of cargo was
      635 words
    • PORTSIDES
      • Article
        Mitsui's new service
        112 13 MITSUI OSK Lines inaugurated its new Far East/US west coast service recently at Oakland with the first call of the container ship Earnest Venture. The inaugural voyage was acknowledged by a presentation aboard the vessel by port officials to the ship's master, S C Chiu. The Earnest
        112 words
      • Article
        Lock icon Supertanker scuttled
        82 13 UPI A 220,000-ton US-owned supertanker was deliberately sunk in the South Atlantic on Tuesday after experts said they could not safely remove an unexploded bomb which hit it during the Falklands war. The Hercules, belonging to the Maritime Overseas Corp, was scuttled 463 kilometres east of Florianopolis. It
        UPI  -  82 words
      • Article
        Lock icon Vessels' rescue mission
        108 13 AFP A FRENCH navy vessel and a cargo ship chartered by the French humanitarian organisation "Medecins du Monde" (doctors of the world) rescued a total of 544 Vietnamese refugees in the Gulf of Thailand from May 16 to June 90, the French Defence Ministry said. The frigate
        AFP  -  108 words
    • Article
      INDEX TO ADVERTISERS
      674 13 8Mpptag Um Pip Cal Achipelego Shpg vra l AIM vm 1 All tram vn 4 mm VI 5 Antara Shpg X 5 APCUne DC 3 APL m 4/5 Argentine IV 4 ASOL m 1 ASL Coat VI 5 Alia Merchant VI 4 A astasia Line V 1
      674 words
    • Article
      PORT CONDITIONS
      990 14 ALGESIA Algiers June 15. Berthing delays of about 12-15 days, with about 30 vessels waiting. ANGOLA Luanda July 6. One vessel at anchor. Berthing delays of about 5-8 days. Lobito July 6. No waiting times. AUSTRALIA Melbourne/Portland/Westernport July 7. No labour shortages, no berthing congestion. Tasmanian Ports/Geelong July
      990 words
    • Article
      LONDON FREIGHTS
      1671 14 CHARTERING ni extremely quiet on Tuesday In all 1 sectors of the freight market with rates generally showing little change. A 41,000 ton grain cargo was covered from the US Gulf to Japan at a steady US$l3 while $14 was agreed for grain from the Gulf to Greece.
      1,671 words
    • Article
      ACL signs contract to buy three ships
      246 14 THE SWEDISH shareholders of Atlantic Container Line have announced the signing of a contract worth about US$l6O million with Kockums Shipyard of Malmo, Sweden for three new ships to be delivered in the first half of 1«4. The shareholders are: Wallenius Line, the
      246 words
    • Article
      Joint venture to establish new yard in Thailand
      404 14 THE BANGKOK United Trade Tech Co, a private shipbuilding and ship repair company, has agreed to enter into a Joint venture with the Chantiers Naval* Nameche (AG) of Belgium to establish a medium-sized shipyard in Thailand. The registered capital of the company
      404 words
    • Article
      Lock icon NEW SAUDI SERVICE
      116 14 Reuter THE National Shipping Company of Saudi Arabia will introduce a fortnightly service to the US, Middle and Far. East ports in 1983 with a seven-ship fleet. Muhammad Al- Turki, the company's managing director, said four ships were now under construction in Sweden would be delivered by
      Reuter  -  116 words
    • Article, Illustration
      Wartsila engine output reaches record total
      221 15 WARTSILA'S Turku Shipyards celebrated the surpassing of the 3 million horse power total recently at a trial run of a 14cylinder Wartsila-Sulzer ZV4O diesel engine. The engine is one of a series of 28 diesel engines which will he installed in arctic multi-purpose cargo
      221 words
    • Article
      CSC criticised for buying new ships
      202 15 THE English-language official Journal of the Sri Lanka Freedom Party (Opposition) has accused the Ceylon Shipping Corporation of going on a "spending spree" in that it has acquired "third-generation vessels", two of which serve the Colombo-Singapore route. The article contrasts this with India's fleet
      202 words
    • Article
      Philippine lines carry small share of Manila cargo
      489 15 FOREIGN lines carried most of the 145,891.25 TEUs of containerised international cargoes at the Port of Manila during the first half of the year, according to preliminary estimates. These lines, represented by Philippine agencies or their own offices in the country, lifted
      489 words
    • Article
      NEW JOURNAL FOR CHINA
      213 15 A SINGAPORE marine publishing and exhibition organising company will play a big part in the publication of a marine journal meant exclusively for the China market. This follows an agreement signed recently in Shanghai between the Shanghai Society of Naval Architecture and Marine Engineering (SNAME) and
      213 words
    • Article
      SHIPPING LIST where your ships are due...and when
      4429 20 SCHEDULE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      4,429 words
    • Article
      Container Schedules
      672 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO GodownsFCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Location Ben* von 50/452 23.7.82 1800 Mansfield 49 1100-1200/1200-1300 2100-2300/2300-0100 Dl/Al Dl/Al Australia Maru 22/180 23.1X2 0000 MOL 40 0700-0000/1700-1000 J2/J2 Ever Light *****E 23.7.82 0700 Green
      672 words
    • Article
      WHO ACTS FOR WHOM...
      1679 21 The leading shipping lines operating from local ports and their agents. A-B AcMpatof» Apg Shppoß Shpg Corporation (S)/Euro-Asia Line (PN/KL/PK). UMb Cakte Qad—M Feeders (S)/Car«o Freight (PK). AfKA Stagapore Shipping Corpora boa (S) Euro-Asia Line (PK/PN) IMmria Use Trans(roup Pte Lid (S). Al NarigaßM Frata Shpg
      1,679 words
    • Article
      SHIPS IN PORT
      506 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bunga Gelang 45A LeoShpg alongside 22.7.82/0600 Chidambaram 47 R Jumabhoy alongside 22.7.82/1700 Hugheverett 13/14 Everett alongside 22.7.82/0600 Nedlloyd Steenkerk 3/4 Ned-EAC alongside 22.7.82/2300 Rose bay 19 CF Sharp alongside 22.7.82/1500 Talsho Mara 25/6 Ocean Shpg alongside 22.7.82/2300
      506 words
    • Article
      The Consortia
      208 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 Slipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      208 words
    • Article, Illustration
      Port of Oakland adopts new austere budget
      490 22 THE OAKLAND Board of Port Commissioners has adopted a •'no-frills" U5546.5 million operating budget for the fiscal year 1982-1983. "The new budget," said executive director Walter A Abernathy, "reflects a modest slowdown in the rate of earnings for our maritime division, and a
      490 words
    • Article
      ABS forms Korean Technical Committee
      182 22 AMERICAN Bureau of Shipping (ABS) has announced the formation of the Korean Technical Committee comprising 18 prominent members from the Korean maritime field. "The committee will allow ABS to maintain close contact with scientific and engineering developments and methods relating to shipbuilding in Korea," said
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      369 13 KOREA FLA6 VSLS Regular Liner Semi-Container Service To: P.Ktfant/Kt«iunf/BiBM/lnd»n Fm: Busan/KKonc/Banfkok Td S'pore: *****11 PJC. *****4, PN *****5 K.L. *****0 [1 m LONDON Freights H/IH PORT C—<Mt»ns T TTtTTT n REGIONAL Weather vm SHIPPING Schedule vm/IX CONTAINER Schedules DC WHO Aets fer Whom K SHIPS ta Pert X CONSORTIA X
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      215 13 SEALORD3 UASC UNITED ARAB SHIPPING CO SAG ESS Dammam (7/8), Kuwait (9/8). Bahrain (11/8), Abu Dhabi (13/8), Doha (15/8) Mina Qaboos (7/8), Dubai (8/8), Dammam (10/8), Kuwait (12/8), Abu Dhabi (14/8), Doha (16/8), Bahrain (18/8) Mina Qaboos (14/8), Dubai (16/8), Dammam (18/8), Kuwait (20/8), Bahrain (22/8), Abu Dhabi (24/8), Doha
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      516 13 4>cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents: MWMJH lIMBi TIAMM MEKTPTt LTI Tet *****4 (5 lines) SINGAPORE G3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U A PACIFIC, GULF, ATLANTIC, EAST CANADA. ASIAN PORTS 7' i 7' H rr*, 7 < i
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      233 14 WISHING ALL OUR MUSLIM PATRONS AND FRIENDS SELAMAT HARI RAYA AIDIL FITRI AGENTS. SINGAPORE LEO SNIPPING E malaysi^'pan-sarawak W MALAYSIA PCRNAS-MISC UUUIMM mimwi wmaim MISC-ARABIAN CONTAINER LINE/\ FAR EAST/SRI LANKA/MID EAST/ PAKISTAN/MIMA CONTAINER SERVICE TAN/INDIA (MACOL) MJNQA KANT AN MS AMADO ItS •UNOA KENANGA tJS KM (15/8). OXB (18/8). (MM
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      291 14 YAMASHITA-SHINNIHON LINE CONTAINED SERVICE 8 USA/CANADA Pacific South Wml PacMc North Waat Atlantic/Canada MIDDLE EAST i tMw accpptag c»i» It Mm I Aba HaM Line'ltd. CONTABCR SERVICE TO/FROM J ARAN 4 TAIWAN AUSTRALIA MMII SHOKANA HARD TOHCO MAJtU FAIRLY ACE ACE SIM yvi CONVENTIONAL SERVICES VQK 21/30 M SUNSHIP AGENCIES
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      610 15 The Straits Steamship Group occ Overseas Containers Limited CONT AINERSHIP SERVICE TO UK /CONTINENT CONTAINERSHIP SERVICE FROM UK CONTINENT STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok Sarawak and hPM kM 13 M »H 23 M MM SM SM MM 4Mf m hum ni lafcHLSkaa m ladaat sm
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      483 15 rfa Franco Belgian Services F Frcr.ch s t 'I i.Y i'' I ;i;>; t ,it rt: /.trf < 1 mi can was* bhp to bmope fmi cqntimoiim; mmm. t. bum u im™ r*a H>n ntm* in* CKNBUI 21 M 1 27 Mr 14 IS Am l» Am 21 Am 22
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      437 16 Hapag-Uoyd f ipop:<; fin PJWMI S"M» tftan HmmiMm/ LaHnra 20/7 21/7 15/1 17/1 19/t 20/1 22/1 4/0 0/0 23/0 25/1 27/1 21/1 30/1 11/> 13/1 3W 1/9 3/9 4/9 0/9 lt/1 20/t 0/9 1/9 10/9 11/9 13/9 20/1 2t/l 15/9 17/9 19/9 20/9 22/9 3/9 5/9 23/9 25/9 77/9 21/9
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      337 16 KM IMR/IIS 29-31 My aiatiTN/MK no 15/7 16/7 20/7 71/7 20/7 30/7 20/7 30/7 10/0 11/1 15/0 14/0 20/1 21/1 27/0 21/t 20/7 M/ 7 I 20/7 15/1 25/7 20/7 I 3/0 23/1 1/1 2/0 U/l 31/1 10/0 11/0 IVO 0/0 20/0 21/1 21/0 17/9 27/1 21/0 5/9 25/9 1/0
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      251 16 EVERGREEN LINE f *fr fAS T fIJROPf CONTHNIP SF RVT ratia EZ iZ? *Yl VI IJ/I lift H/1 ZL/t an IX tM z» n/ v» t—IM« 11/1 14/1 M/l V» v* VI M/f 11/1 «»iiianitjajta«re/miit I fl>ROPf MR f*ST CONTAINFR SFRVICF W w W 1/1 VI VI 7/1 F- 1
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      321 16 H— MM —til a/mm TEL NCK F tt^lwSt?l^^cLJS^|^t J/T—tic. If. u a trv nerro ceueiMWtMEws (Costa «ca) coatzkomcos, kmum •MTO fUOCMK AT aUMN/MlfiAßfllA sSta M/SIM l« V«K I* TonwiAii STATE lit* UMM| to Crfto. MM batriite Mk a4F»4ta ssw mttmm LRS* Sflfi —WiHfrll taR/»* B/BM h 6 n vcfe« vim
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      88 16 TIMES, Jftly 22, IKB rSI NOSE MARITIME PTE LTD IQI SANKYO LINE SUN UNION LINE $E pri^ KYOWA LINE m TAIYO MARINE LINE 7 #\'i > 4 i. J fUtm hmtm ariiTf-u mmmmmmn Wmimntzmua ISLAMIC REPUBLIC OF IRAN SHIPPING LINES ftftNIAH SERVICE Singapore Loading for 20/7 Bandar Abbas A VESSEL
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      458 17 PIL GROUP FUL! CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEODAH AQABA (Reefer Cntrs Acceptable) ••PORE T 2SW/20E IP-23/7 T 27W/2> C 29-27/9 T I 29W/30E 4-5/10 31W/32E 12-13/11 HOOBOAH rrmc 2-4/9 9-7/9 9-10/t 10-12/9 14-15/9 17-15/9 I 29-29/9 19-21/10 2944/10 29-27/101 0-7/11 27-29/11 1-2/12 4-0/12 I 10-10/12 EAST AFRICA/REDSEA SERVICE vS2*
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      281 17 'a. it** a LINES, INC. DIRECT SAILINGS TO SATTAHIP AND BANGKOK MVPMCES ETA SPORE 22ft 5/7 MVLEO VI ETA SPORE 5% lH GENERAL AGENTS: jjpw wnn (swathe) pti m TFI mmo (3 UNEB) *****76 El PT PORODISA RAYA I INC 8 REGULAR MKPEHKNT SONKt ACCOTM BULK, BMW BULK t CONTAMEItS
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      578 17 r [rr^ BENLINE CONTAINERS EXPRESS CuHT S**an P Ual nn nn VI v« 11/1 13/1 aa nn aa n/i VI VI U/1 IV* iia aa mo soma HMK r X TO/FROM EUROPE in*** mm mm. sokm AastnaArtwp Frasct MUK IVI IVI 22/1 1V» 17/1 l/l Wl 2VI (7/D 1/1 (VI)
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      231 17 f ScanDutchg WEEKLY EXPRESS CONTAINER nnmnnmnrmmqnm I>UH W* 1/ i .if FMmiNM* ft rmu nn imm ia maw i/M *1 7a 10/» 7/M 1/H NedHoyd Lines AMERICA (CENTRAL AND SOUTH) J Um km IJan M trOmrta StH IV* M/t 1/M 4/11 1/10 l/M 11/11 20/10 21/10 11/10 M/ll 31/10 4/11
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      516 17 Page V 7 t f i I \9 R ti V i t -/J BOUSTEAD SHIPPING AGENCIES BANK UNE EXPRESS VOEPENDENT SERVICE TO UK licit SPORE R'DAM HULL HMBC CORABANK 30 Sep 26 Oct 29 Oct 02 Nov IVYBANK 04 Nov 30 Nov 03 Dec 07 Dec Lukes/** lines UA
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      900 18 il \*~"K"line KAWASAKI RISEN KAISHA, LTD. express container service M. EKAAU) *14 X M WSO MARU v K MONK* VlO 30 M JAPAN AMBROSE J BRDGE V 8 7 Auc KV» YORR MARU Mu cjfc NORFOLK (J Stpt) #> MLAKLfMA (17 S*) MIMK (21 Sept) NORFOU (25 Stpl) Mm jccephnf
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      146 18 E CHAR CHING MARINE CO LTD CCIJMfc RED SLA FULL CONTAINER SERVICE RED SEA/MEDITERRANEAN SEA SEMI-CONTAINER SERVICE CENTRAL AMERICA AND CARIBBEAN SEA SEMI-CONTAINER SERVICE SM MM. UNTO MM Chin STORE 25 A* 10S*t ETDHON6 KONG 6S«p< 23 Sapt FRATA CONTAINER LINE FRATA BANGKOK 23 My 27 My 31 My FIAT*
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      255 18 ISTBSfL If 3d WEST KM CUT SERVICE IS/MM 17 M ISM AFRICA SERVICE Sapm ruaai PtMAf LM**tw IS/UM 20 A* 21 A* ft Ui/lfc—lii; SAUDI Z LINE Regular Conventional Service I ra? irr:l q ZT—(AM Stui Flog Vmmlc) Ac«plw| KTAN SM PK PNG Loading f m up MMk ICKWI 21/7
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      289 18 KORINS MARITIME SERVICES' MIDDLE EAST, RED StAyEUROPE SERVICES Hyundai' Shipping o. lul. /A, \SI Ml l<( II \|<|\| SM-CONTMER SERVICE PJUtafLMftif far DaMnm/DMhat/MNi I UNIVERSAL FREIGHT SERVICES PTE LTD 3B GOLDEN LINE a CMISVPMC (PTE) ITI tm Ut SI97W. (RUES) Unp> Mil. f Ma« X7KI. MHUMUm ft. (if 1MB) straits/fobe*
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      263 18 IN7RASEA (PTC) LTD BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER SERVICE TO EUROPE UK fwldwi MMMj/TiWMMja,7artao^lMi Halpac line SST™" S'port PTKiaat Im*|lk ALFAC mu V.ISC 9% UN MMr^han^MM VtsMl LoaApf at Kota Kmatoaiv kpots: MWBEA (TIE) LIB BOORM Z2MSU ll—- ID SMVM6 ft IMMM6 4MC44, 4M742, 4MS7B Zl te'lßA Eari* SpaM^
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      668 19 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): CROBE 30W+.. C PAUL 32W A CONCORD SW. 0 CHEF 391 V K CHANCE 9W SS MKE 37*.. Also accepting cargo to/from Scandinavia C ROZE S pore Closing Times: FCI Cargo 0500 25/7 LCL Cargo 1700 24/7 FROM EUROPE (VIA SUEZ) SS
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      362 19 r MALDIVE LINES eh eti eta Irntm For MUSCAT/DUBAI/ DAMMAM/KUWAIT MNJMESEA 2/8 Loadmi For KARACH/DU6AI MALDWE PEML Sailed Loadinc For HOOEDAH OCEAN GLOtY 21/7 Loading For Male MALDME MKXTER 22/7 loadmf For MALE FCMOQNRSS t ENQUMES PLEASE CONTACT: PONT KELANB PANOCEAN NAM6ATBNI TRAUN6 OMENTAL SNPRNE CORPOtATON CO fPTE) LTD TEL
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      816 19 SINSOV SW6APORE SOVIET SMPPMG CO PRIVATE LTD SNSOV BULDMG 55. Market Street Sincapore 0104 Takpham Nunbers *****3 (IS Lms) Cat* Address SMSOV SINGAPORE Tata Matters RS ***** RS ***** RS ***** P KELANC PENAN6 ai/S SNMKAT MM SOON SOW BW. IST ANO 2ND FLOOR. MESSRS NM TNONC SMPPM6 23 WW
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      91 19 SOON KIAT SHIPPING PTE LTD 1905 t 1906. 19th fk. Shenton House 3 Shenton Way. S'pore 0106 Telephone *****8* (5 lines) ft *****35 Tete. R*****9 SKSHT ttfiUUW SEJrtWS TO EAST MMJrSU Eowpped wth *2C tons "25 lore 21/7 mmm/ml 27/7 Ukwi/K. IMi/lhn 24/7 MWI.W 21/7 fcyaiai a/7 Mta/Tm ttmck Fraocr
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      782 20 SSC (iroup SINGAPORE SHIPPING CORPORATION PTE. LTD. Oct AN BJiL D i N G SiNi.APQPE C'O-s -j(- NE A l Si i IN f "S ibS A S ARS h IP*(.ABLE CARCiOS" P Regional Container Lines 2 SAILINGS A WEEK to/from BANGKOK i BERTHING EVERY NOON TUESDAYS, SATURDAY ••HI! lIIIIUHi
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  • Page 20 Miscellaneous
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      150 21 EGYPTIAN 1 INTERNATIONAL L IN F IF II INTERNATIONAL line (Ell EGYPTIAN FLAG ■> S ,M|PP!N<I C!l lID *"1 u i<S* r enl'f t«"» Sguv S po<» 'J .'id in rmi: .'-3s3*: YS H\H M Sdn Bh<? *1 '<• iJ6O»3 JKM. 1 P> «»i l.i Hi 397]s Ppnjn{ f i
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      160 21 CARGO MACE AVAILABLE ON UNER VESSELS LOADING FOR MADRAS, COLOMBO, CMTQG, CALCUTTA. R*OOON. KARACHI, MUSCAT. HOOECAM. JEDOAH, AQABA. ALEXANDRIA, DURBAN, CAPETOWN. LOBITO. LUANDA. LAGOS. JAKARTA. SURABAYA. HKQ, ILK.. KUCMNO A MUARA NAVITRAOE GROUP TEL: *****14/5 REGULAR SAILINGS TO CHITTAGONG/CHALNA STORE PENMK Load* tar M.V. YELLOW RIVER 26 My 3A* CMtifonc
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      88 21 FARGO SHIPPING COMPANY (PTL) LTD. FULLY CONTAINERISED CARRIER SVC HONGKONG ISLANDS LINE (AUSTRALIA SVC) w Nonava. <M 1/9 tft U/1 VI «M 1/1 lt/I 1/1 is u/i win/i 8/i TEL. *****77 A ***** M TELEX: IS ***** EUtOFRA 20*ti FLOOt OCEAN tUILDtNG IIAN HUAT SKIPPING CO, (PTE.) LTD. ft now
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      379 22 MAGNA MARINE LINES cftSTBuuND SERVICE CTOM HUM STOK LOADVK FOt WfIBRALVAUB SD SID 25/7 HK/ WT M-12E MOSHUNG KSSANC PASS »OT M-1C 27/1 3M 3M -doMAGNA SHIPPING PTE LTD I Ith Floor, MNB Building SINGAPORE 0106 TEL *****66/ *****00/ *****37 TELEX R*****8 "MAUNE" KION6 CHUAN SHIPPING(S)PTE LTD RM 811, AFRO
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