The Business Times, 13 August 1982

Microfilm: NL12693
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 FRIDAY, AUGUST IS, IK2 60 CENTS
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  • Article
    Five in bid for downstream plant contract
    398 1  -  By LOH HUI YIN FIVE contractors are bidding for the contract to build the fifth downstream plant in the |2 billion petrochemical complex on Pulau Ayer Merbau. They are Mitsui Engineering and Shipbuilding, Mitsubishi Heavy Industries and Japan Gasoline Corporation (JGC) of Japan;
    398 words
  • Article
    SIA seeks equitable treatment from NZ
    208 1 SINGAPORE Airlines would ask the Government to appeal to the New Zealand Transport Authority if its application to sell promotional fares between Auckland and London is rejected and those of US carriers are approved. This promotional fare, called the super epic fare, was introduced
    208 words
  • Article
    Brain-drain 'must be avoided' says PM Lee
    652 1  -  By JOHN LIM IF TALENTED and able Singaporeans emigrate, the less able who are left behind will suffer, cautioned Prime Minister Lee Kuan Yew in the first of a two-part article in the recently launched NTUC publication, "Our Heritage and* Beyond". "As in
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  • Article
    Lock icon Talks with Habib suspended
    149 1 AP LEBANON'S Prime Minister Shafik Wazzan has suspended talks with US presidential envoy Philip Habib on a peaceful evacu-i ation of Palestinian guerillas from West Beirut, charging Israel was determined to "wipe out the Lebanese capital anyway". Mr Wazzan made the announcement yesterday after a one-hour
    AP  -  149 words
  • Article
    Three jewellery makers put under receivership
    526 1  -  By ANGELINE TAN THREE local jewellery manufacturers Yap Brothers Jewellery Manufacturers, Diamond Investments, and Precious Stones Exchange have been placed under receivership hy their aeoared creditors as they are unable to meet repayment schedules for their bank loans. The total amount owing the banks
    526 words
  • BRIEFLY...
    • Article
      Lock icon US ban illegal
      81 1 UPI PRESIDENT Reagan's ban of foreign-built supplies of US licensed equipment for the Siberian natural gas pipeline to Weston Europe breaks American as well as international law, European Common Market sources said. "The European Economic Community considers the ys measures to be contrary to international law and
      UPI  -  81 words
    • Article
      Lock icon Proposal rejected
      80 1 AP THE Italian Socialist Party has rejected Giovanni Spadolini's proposal to form a government, blocking the former premier's efforts to restore his five-party coalition to power. The decision came as Spadolini began a new rounds of talks with political leaders in a bid to avoid early elections following
      AP  -  80 words
    • Article
      Lock icon Chinese investment
      60 1 AP CHINA'S too banker says the Bank of China is likely to invest more in Hongkong for the sake of the colony's economic prosperity. Bu Ming, president of the Bank of China, said the bank's recent purchase of a 6,700 square metre prime site in Hongkong's busiest district
      AP  -  60 words
    • Article
      Lock icon Indonesian crude oil
      80 1 AFP INDONESIA produced 283.96 million barrels of crude in the first seven months of this year, according to official figures published in Jakarta. The amount indicated a drop from the 577 million barrels of crude produced in 1960 and 584.83 million barrels in 1981. Daily production for
      AFP  -  80 words
    • Article
      Lock icon Warning to ships
      73 1 AFP THE Indonesian navy has issued a warning to all shipping to steer clear of waters at least one nautical off Batam Island south of Singapore following the discovery of 600 to 700 old World War Two mines. Second navy zone commander, Commodore Sugiatmo, has declared the
      AFP  -  73 words
    • Article
      Lock icon Hanoi gives up claim
      80 1 UPI VIETNAM has given up its claim over disputed offshore oil and gas fields exploited by American companies in Indonesian waters in the South China Sea, a diplomatic source said. The Natuna Islands, 1,168 km north of Jakarta, belong to Indonesia, but Jakarta and Hanoi had
      UPI  -  80 words
    • Article
      Lock icon Exclusion zone
      68 1 Reuter IRAG has announced a military exclusion zone at the head of the Gulf to prevent a repetition of an incident on Monday in which Iraqi forces destroyed two "large naval targets". Greece said one of the targets was the 15,000-tonne Greek freighter Litskm Bride, while South Korea
      Reuter  -  68 words
  • Article
    Stock market takes another nosedive
    307 1 SHARE prims teak aaether ■man aa the ■ypw stock market yesterday as jtttory laveators sa leaning sf the Mg taU la the Heagkeag market. Ike advene aews tram WPmMmw tactile market, especially after Dr Teay Taa'a remark that the nrsasmlr rrtrwtn to Ukety to cMttoK
    307 words
  • Article, Illustration
    Thumbs up for trade board plan
    379 1  -  By SOH TIANG KENG BUSINESSMEN yesterday welcomed the Government's move to form the Trade Development Board as a "timely" strategy to sharpen Singapore's export thrust in times of recession. Launching of the board early next year will augment the export drive of manufacturers. Smaller
    379 words
  • Page 1 Advertisements
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      221 1 BOOKS FOR UGMDS INTEREST rates on housing and car loans are coming down by V* to Yi per cent, in line with prime lending rates Page 2 OLDER workers should be retained longer in the workforce to ease the labour shortage, the Government reiterated yesterday Page 3 THE Malaysian government
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      Page 1 Advertisements Column 2
      72 1 VP Laßondeat the Hotel Malaysia thinks highly of a Diners Club meniber At dinner, prime beef on the trolley, fillet or sirloin. Take your choice of weight and cut, and have it grilled and garnished to perfection. The delectable Continental cuisine and intimate mood of La Ronde among the many
      72 words
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      3 1 See page 5
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      0 1 =$+)/`@`.-<*<>~<&@)!=[.*~+`?.%]
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      Page 1 Advertisements Column 5
      87 1 Minolta copy quality. With reduction. There was a time when there were no machines and man was the supreme artisan. His hands the tools of ingenuity. Testoni perpetuate the an of such craftsmanship. Each piece of leather hand-cured and metamorphosed into a collection of exquisite shoes, belts, bags, wallets and
      87 words
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  • BANKING AND FINANCE
    • Article
      Housing and car loan rates falling
      530 2  -  By ANGELINE TAN INTEREST rates of housing and car loans are coming down by V« to Vi per cent, in line with falling prime lending rates. On the other hand, depositors will receive a smaller rate of return as fixed deposit rates are also
      530 words
    • Article
      Lock icon Mexico raising US$150m Eurocredit
      244 2 Reuter MEXICO is raising a shortterm US$l5O million Eurocredit, in what bankers see as yet another confirmation of the country's near-term liquidity squeeze. Lead manager Banco Nacional de Mexico SA (Banamex) confirmed that the loan will be in two tranches. A six-month tranche will carry a
      Reuter  -  244 words
    • Article
      Lock icon AEG crisis puts Bundesbank in fix
      430 2 Reuter THE failure of AEG-Tele-funken AG will increase strong political pressure on the Bundesbank to relax monetary policy, commercial bank economists in Frankfurt said. But the same pessimism about the economy unleashed by the AEG crisis has helped push the US dollar to its
      Reuter  -  430 words
    • Article
      Lock icon Japanese M-1 up by 0.9pc
      226 2 Reuter JAPAN'S seasonally-adjusted average narrowly defined M-l money supply rose 0.9 per cent in June from May, when it rose 0.7 per cent from April, the Bank of Japan said. Unadjusted, the June M-l supply was up 4.9 per cent from a year earlier, against
      Reuter  -  226 words
    • Article
      Lock icon Foreign bankers refute Seoul's allegations
      190 2 Reuter THE Foreign Bankers Qroap (Korea) baa)mmti a ■eat aUegatteae of exeeedve prsfltabWty. Groan chairman Bntr OrVßa ef Chase Maahattaa Bank NA says "the general perception smh Is be that the prefltakillfr to tee Ugh, to be a eeneept tt what wsald be aa seeeptablij
      Reuter  -  190 words
    • Article
      Sanwa to issue FRCD of US$30m
      131 2 THE Singapore branch of Sanwa Bank will issue a US$3O million floating rate certificate of deposit in the Asian dollar market. The three-year issue will carry an interest rate of 3/16 above the six-month Singapore interbank offered rate. Interest is payable and adjusted semi-annually.
      131 words
    • Article
      Lock icon Luxembourg demand met by Italian banks
      436 2 NYT ITALIAN banks with subsidiaries in Luxembourg have agreed to a demand by Luxembourg banking authorities that they unconditionally guarantee the solvency of the subsidiaries. In addition, the Italian banks agreed to dissolve holding companies controlling those subsidiaries to prevent potential evasion of financial
      NYT  -  436 words
    • Article
      BONDS AND LOANS
      813 2 JAW AD bu Khamseen Commercial Establishment raised US$l4O million for five years secured by real estate in Kuwait, Kuwait Foreign Trading, Contracting and Investment Co said as agent »nd joint lead manager. Other lead managers are Al-Ahli Bank of Kuwait, AlBabrain Arab African Bank, Burgan Bank, Arab
      813 words
    • Article
      Lock icon HK financial futures market may be trading by early 1983
      407 2 Reuter THE FOUR futures contracts proposed for the Hongkong Commodity Exchange could be trading by late this year or early 1963 depending on when final government approval is obtained, Peter Scales, head of the financial futures working party of the
      Reuter  -  407 words
    • Article
      Reduction of Tat Lee's PLR
      93 2 TAT LEE Bank has reduced its prime lending rate by hall a percentage point to 10 per cent from today. Its savings rate will be down by a quarter point to 7.75 per cent. Interest on one-month deposits will be trimmed from 7.50 to 6.75
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    • MONEY AND EXCHANGES
      • Article
        Singapore market
        481 2 YESTERDAY saw quiet trading bttwwu the US dollar and major currencies. Rates moved within a narrow margin with dealers nervously awaiting US money supply figures which will be released today. Trading of the US dollar against the local currency, however, was the exception. From an opening of 552.1740/50,
        481 words
      • Article
        Hongkong
        131 2 THE US dollar yesterday rose against major currencies on technical adjustment in quiet trading, due to uncertainty over the trend of US interest rates. The dollar tended higher with investors taking shelter in the currency against weakness in other units, as well equities and gold. The dollar rose to
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      • Article
        London
        73 2 THE dollar yesterday steadied in thin, quiet trading after opening slightly lower ahead of the Bundesbank central council meeting. Most operators believe the Bundesbank will not decide on a cut in the t per cent Lombard rate with the dolly at its prist at high Openi MM' ng quotes
        73 words
      • Article
        PLR
        22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.35 per cent.
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      • Article
        ASIAN $
        181 2 ASIAN ASIAN currency deposit Interbank rates as at close on Aug 12: Closing Asian dollar certificates of deposit for prime names on Aug 12: 7 days 1 month 2 months 3 months 6 months 9 months 12 months U8Mhn|8(ol) OfT.r BhT 115/16 113/16 1111/1611 6/16 12* 12* 12* 12% 13*
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      • Article
        Discount
        44 2 RANGE at prtcw often Ml by di»count houee on Aug 12: Openrigbt: SH« Call deportts: 3v«* Ooaiac Bajrtag 3-month Mta( Treasury bill* 3H W 3-month Bank bills 715/18 713/16 3 month* CD 7% 7Vi 6 months CD B 7* Source: National Discount Co
        44 words
      • Article
        Tokyo
        130 2 THE dollar for overnight delivery closed marginally higher yesterday at 263.40 yen from the 263.30 opening, after fluctuating narrowly in dull afternoon trading. This was also little changed on the 263.30/ C close in New York overnight, but below the finish in Tokyo yesterday of ***** yen. Trading volume
        130 words
      • Article
        Gold
        270 2 GOLD futures in Singapore yesterday closed weaker than overnight levels after moving within a narrow margin. Trading was moderate with total sales for the day, including kerbs, reported at 345 lots. September closed easier at U*****.60/336.60 an ounce against 336/337 on Wednesday, October at 338.80/339.10 against 339.50/339.60 and December
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      • Article
        Silver quotes
        33 2 New York (.228 6.23B 6-296 (.306 Zurich SUB 6 47B (■22S S.57S Singapore S.17B WOT (JOB 6.Z7S (JOS ClnrtiH prk *1 In US dollars troy ouno t. Source: Credit Suisse, S'pore
        33 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      158 2 4* PILOT suggests the write way toputyour company's name at everyone's fingertips... wtth a gifted range of quaHty pen* thaf rightly expresses your company's mwxfculll gooawin PftOT's wide rang© of high quality /A writing instruments offers you wide-ranging opportunities to promote your company. products, services and J brand names. Choose
      158 words
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      3 2 See page S
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      Page 2 Advertisements Column 3
      74 2 You'll be glad you discovered us. Delectable Japanese Teppan-ytki Buffet Lunch at $10.90 per head now at Hotel Negara Our a la carte menu also features sashimi, tempura and other Japanese favourites served in a cosy atmosphere reminiscent of a Japanese tea-house Lunch: 1130 am to 2.30pm Dinner: 6pm to
      74 words
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  • TRADE AND INDUSTRY
    • Article
      UK mechanical seals maker sets up plant
      527 3  -  By WONG MAI YUN A BRITISH company, Flexibox International, has set up a $3 million factory to produce mechanical seals and flexible power transmission couplings used by energy and process industries in the Far East. Flexibox Pte Ltd will be the second manufacturer
      527 words
    • Article
      Convention likely to draw 58 QC circles
      462 3 2AT LEAST 58 quality control circles are expected to take part in the first Singapore National QC Circle Convention in October. Mr Lim Yee Chye, secre- tary of the organising com--mittee for the convention, said the number is higher ..than the committee's origi-
      462 words
    • Article
      Four-day travel conference to be held next month
      242 3 SINGAPORE Tourist Promotion Board director KC Yuen will address the four-day 1982 Pacific Area Travel Association (Pata) Communicators' Conference here next month. The conference, to be held at the Pavilion InterContinental Singapore hotel, is organised by Pata in association with a number
      242 words
    • Article
      Private land gazetted for Science Park
      355 3 THE Gevenuaeat has gazetted li hectare» mt private laad ia Pa* Paajaag aai aaether It hectare* «f state laad far the develepawat ri the Phase Twa ri the Befoaee Park. Pleas e< the a hectare rite beaaded by Paatr Pa» Jaag Read aad B*ath
      355 words
    • Article
      Retain older workers to ease labour shortage
      488 3  -  By LIM SOON NEO THE government reiterated its view that older workers should be retained longer in the workforce to ease the labour shortage here. Speaking at th National Day celebrations at the Ponggol Community Centre last night, Labour and Communications Minister, Ong
      488 words
    • Article
      More South Koreans likely to visit Republic
      377 3 THE South Korean government's revised rulings on overseas travel have prompted South Korean and local travel agents to increase their promotional efforts. The local office of the Korean National Tourist Corporation (KNTC) has reported a marked increase of local interest in South Korea
      377 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      216 3 DUNN Air Conditioning Asia Ltd Singapore has appointed Heary Lee as its manager. Mr Lee began his career with a leading British company which he served for well over 15 years until this new appointment. Dacal Singapore is the Singapore agent for LIEBERT-USA, manufacturer of special air-condi-tioning
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    • Article
      TRADE TALK
      433 3 AN AUSTRALIAN company has introduced a cleaning gondola unit that runs on tracks on a building's rooftop and has an aircushioned restraint cage system. Manufacturer E W Cox said the main feature of the system is the application of the reverse hovercraft principle so that the unit gets
      433 words
    • Article
      MEMO PAD
      735 3 SEMINARS AND COURSES Aug 12-Sep 7 (Tuesdays and Thursdays): Quality Control Circle Facilitator Training Course, YMCA, NPB Aug 13-15: Key Skills for New Managers, Hilton Hotel, Institute for International Research Aug 16-20: Supervisory Leadership, Institute of Education/Bukit Timah, NPB Aug 16-20: Teamwork and Group Performance, YMCA, NPB Aug
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      84 3 NOTICE (This notice supersedes the one published on 23/4/82) JUL Banco de la Nacidn Argentina U.S. $25,000,000 Floating Rat* Notaa Dua 1987 In accordance with the provision of the Notes, notice is hereby given that for the six-month Interest Period from 23rd April. 1982 to 23rd October, 1982 the Notes
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      Page 3 Advertisements Column 2
      215 3 THE PACIFIC'S NUMBER iJ IS NOW NUMBER IT; Air New Zealand has been rated the best overseas airline yet again this year. A recognition that came from you, our Air New Zealand travellers. In a National poll conducted by a US Travel/Holiday A f; M magazine in xgrvv New York,
      215 words
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  • OVERSEAS
    • Article
      Bank forecasts recovery in M'sia next year
      477 4 THE Chemical Bank expects some recovery in the Malaysian economy next year as a result of a pickup in demand for commodities from industrial countries and consequent improvement in prices. In a report on Malaysia's 1982/83 economic prospects, the US bank said that
      477 words
    • Article
      Mahathir's call to take recession as challenge
      706 4 THE Malaysian government wishes to counter the effect of the current austerity in its spending by stimulating the construction sector in particular and the private sector in general. Towards this end, traditional government practices will be reviewed and modified to facilitate the private
      706 words
    • Article
      Lock icon Next step in steel dispute up to US manufacturers
      529 4 Agencies US Commerce Secretary Malcolm Baldrige has ruled out further efforts to negotiate an end to the steel trade dispute between the US and the EEC. Baldridge on Wednesday said Washington will not reopen negotiations with the EEC on the steel
      Agencies  -  529 words
    • Article
      Lock icon Brazil's crack secret service poised to fight inflation
      478 4 AP BRAZIL'S (eared national intelligence service has been set on the trail of inflation. Officially known as the SNI, the agency is responsible for intelligence and counterintelligence. It made its reputation in the early 1970s hunting left wing guerillas, many of whom
      AP  -  478 words
    • Article
      Lock icon Indonesian gets recommendation for Vegas job
      421 4 AP AFTER lengthy haggling on Wednesday, Nevada gaming authorities recommended gambler and retired Jakarta business magnate Dadi Darma as a junket executive at the Dunes Hotel-Casi-no in Las Vegas. Darma was recommended for a suitability finding by the Nevada Gaming Control Board. The board's
      AP  -  421 words
    • Article
      Lock icon China says no reason for further US textile restrictions
      309 4 AP CHINA, preparing to begin aew textile trade aegetlatteas with the US today, •aid Chlaa'a experts do set hart aayaae aad there Is m reasaa far farther U8 restrictteaa. '«V the US eeattaace to place obstacles to restrict China's textile experts,
      AP  -  309 words
    • Article
      Lock icon ATT receives conditional approval for settlement
      525 4 Reuter A US judge has conditionally approved a controversial out-of-court settlement under which the huge American .Telephone and Telegraph Company (ATT) will relinquish control of all its US phone companies. US district judge Harold Greene said on Wednesday he would give final approval to
      Reuter  -  525 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      713 4 ARRIVALS Service Local Operator Number Time From PAA PA005 0025 JFK/SPO/HKG SLA SQ43 0800 DHA SLA SQ101 0605 KUL CAL CI010 0830 JED/DHA TMA TL341 0830 BEY/DXB MAS MH601 0920 KUL MAS MH682 0945 KCH RBA BI421 1000 BWN MAS MH671 1020 KUL SLA SQ201 1030 HLP
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    • Article
      Lock icon Reagan against revoking of pipeline ban
      595 5 UPI Reuter THE Reagan Administration has warned Congress that a bill to revoke President Reagan's embargo on the sale of US technology for the Soviet natural gas pipeline would lift pressure for an end to political repression in Poland. "We oppose this legislation because
      UPI; Reuter  -  595 words
    • Article
      Lock icon Congress exhorted to pass US$99bn tax bill
      322 5 NYT PRESIDENT Reagan has warned that a failure by Congress to approve new taxes would lead to "larger budget deficits, higher interest rates and higher unemployment". In his strongest exhortation yet for the thiee-year, U5596.9 billion tax bill, Reagan yesterday said most of
      NYT  -  322 words
    • WORLD IN BRIEF
      • Article
        Lock icon SONY CORP IN TAIWAN
        521 5 Agencies SONY CORP is discussing a joint cooperation project with Shinlee Co of Taiwan to assemble video tape recorders (VTRs) in Taiwan. Shinlee chairman MP Chen said if all goes well, his company would start assembling VTRs before the end of this year. Shinlee would then
        Agencies  -  521 words
    • Article
      Lock icon Australia records July deficit of US$147m
      177 5 AFP AUSTRALIA needs a steady flow of capital from overseas to meet its balance of payments for the next 18 months, according to the Federal Treasurer, John Howard. A deficit of US$l47 million emerged last month after five successive surpluses. The domestic current account
      AFP  -  177 words
    • Article
      Lock icon AEG's attempt to pay off creditors may be successful
      630 5 Reuter UPI THE bid by AEG-Telefunk-en. West Germany's second largest electrical company, to pay off its creditors and stave off bankruptcy has a good chance of success. This was stated by the company's receiver, Dr Wilhelm Schaaf in Frankfurt yesterday. He
      Reuter; UPI  -  630 words
    • Article
      Lock icon Japan to limit its exports of cars to Canada
      377 5 Kyodo JAPANESE inri Parmiiian officials have announced that a compromise agreement has been reached for Japan to limit its car exports to Canada to 153,000 units, a 23 per cent reduction from a year ago. Canadian Trade Minister Ed Lumley said
      Kyodo  -  377 words
  • Page 4 Advertisements
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      134 4 An offering of the finest in Chinese and Seafood cuisine amid a setting of sheer splendour f H Y 1 8 iEj 1 e f i ill B The Sea-Food-theatre. A truly unique blend of atmosphere and fine cuisine of both traditional Chinese specialties and fresh Seafood, complimented with a
      134 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      19 5 i 11• M For trade enquiries t5/16 Mez Fl Mtng Court Hotel Singapore 1024 Tet *****18 Tele* RS *****
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      Page 5 Advertisements Column 2
      253 5 Fifty-five\ears Of Pan Am Experience Now Flies The Fastest Way To Houston Daily >• •ft r m V m L S mJ mfl au> "TV Experience Pan Am First Class. More Space. More Privacy More Comfort. The idea behind Pan Ann's Sleeperette® seat is not new. It made its debut
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  • Article
    When talent is up for sale
    447 6 EVERY talented Singaporean working overseas is an advertisement (or every other talented Singaporean working here. That is a truism which somehow the country has to learn to live with. Mr Lee Kuan Yew makes it clear in his article for the NTUC's publication Our
    447 words
  • Article, Illustration
    The road to the abyss
    2416 6  -  Short term international interest rates must go down fast to around four per cent or lower, and stay there for a decade if the structurally unsound international banking system is to avoid a final collapse, writes DONALD F H SINCLAIR DONALD F H SINCLAIR FOR
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      379 6 Selected speeches and writings of C.V DevanNair wilt ii Of .tn«l V N»tx <• Devad 959 «3 TO ABOUT THE MAN We know him as the outstanding leader of labour; (but) there is much more to the man and to his history that make him both a presence and a
      379 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      46 6 Graves, Inc.* NX PIASNOSIS IS 'BUZZWORD BURNOUT." ffTesBy Pat Brady SEEM? UKE A SO/MWHAT CIRCUITOUS SCt fOR RECOVERYC. 1 m sbi\ Bristol-Frax&Dictens HKje SMiPS RNO SHOeS NOT loHPO" Tv^e tint va«S cornc, TMC &OV«NG cteß< RnD s^al,ng u POST BOY OJR»NGS SBiD, TO TPO-K OF TwUt^G>"»
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  • Article, Illustration
    Boxing in the opposition
    2425 7 METAL Box Singapore has beat very much 1m the news lately, ttaita to the attention gives to Its innovative IMmv, two-shift system by the loeal media. Innovation has been a feature ef the company's management style for a number sf years new. lie sueeesaful Ithour working
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      624 7 I I -11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS Catching a crone swallow- ing French wine (6) Supervisor apt to overlook things? (8) Measure me a portion of butter (4) Clippers that can cause rashes (6) Is it instrumental in a fraud? (6) But not too clever to come to a grisly
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    • Miscellaneous
      Page 7 Miscellaneous Column 2
      821 7 TiVJ&IRWDTO SINGAPORE 5 THE Slappwc River Is la Ike ifttUght la fie Lmre tt Temmmk (Ch 6, 7Jopm). lie (Una la a pictorial essay at the Hlagapere River aai the history «f Saga pre that Is we vea areaad it It traces the antral sf the earty lmmj|iaato aad «f
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      236 8 Where to wine, dine and entertain wttti the American Express Card Our buffet dinner special for those who hue the perennial local fauourites. Bvffct from 6.38pm 16.30pm ,*iti jffjfj t pRET-A- pORTER 1982 The creations of nine of Singapore's leading designers and fashion houses will take to the catwalk at
      236 words
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      Page 8 Advertisements Column 2
      197 8 If hor sushi. For teppanyaki. For other authentically Japanese delights. )/>* (i i'■ I.' fN m f> >V l f /-(>r rt'scri\it:< >ns call 7'A J V*& C<- I il 111*\ I irk Slit t;il« hi Sili| x>n vfc F 3 A offers JAZZ BRUNCH onSundays 10.30 am. 3 p.m.
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      Page 8 Advertisements Column 3
      111 8 L'escargot. Restaurant extraordinaire. (Our menu is a gourmet s delight) 06EROI IMPERIAL SING. 1 JALAN RUMBA SINGAPORE 092 J TELEPHONE NO W Ibtofo Owning Company Hmd Holete International Ltd An offering of the finest in Chinese and Seafood cuisine amid a setting of sheer splendour J i 1 r m
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      Page 8 Advertisements Column 4
      128 8 An English Afternoon Tea. So goodwu could stay for hours. i& s w fl A choice of 20 delicious tea< Silver scrvicc, naturally. And light, classical music to accompany it all. The Music Room. f. At the Hilton. z A great place to be Be in vogue "line Li Diary
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      Page 8 Advertisements Column 5
      103 8 Whatever your taste, the Cockpit Hotel makes it great. m ft Siamese SMlood 9 Restaurant The Siamese Seafood > Restaurant is as good as Bangkok! Victoria Bar The Coffeehouse Relax in an atmosphere of For informal meals and elegant days gone by light-hearted snacks 4^ tfV llyll vJUIH Penang Hoad.
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  • RAW MATERIALS
    • Article
      WHEAT
      113 9 futures ia Chicago ofr Wednesday held firm late t*, close 1V« US-cents a buahel higher to unchanged. ►Traders said wheat prices refused to follow file late rafreat ia soybeans and corn to active purchasing of Ejfcember by the Leading Wire House in afternoon tflkJe and by a leading expfcterlate.
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    • Article
      SOYBEAN
      102 9 SOYBEAN futures in Chicago» on Wednesday retreated la£ on nervous local long liquidation ahead of the afternoon's USDA US crop efgimates, to close down 1V« toiour US-cents a bushel. She two nearby contracts wfre forced to new contract lots on the close. -Soyoil futures closed narjk rowly mixed, while
      102 words
    • Article
      RICE
      315 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, e*-godown: •THAI WHITE: 100 per cent class (Kangaroo) new cwp 1.00, 100 per cent second 0.85, 100 per cent third c)bjb 0.80, 25 per cent new crop no stock, B-10 per cent 0.77. SrHAI BROKEN: A-super 040, Special 0.55. RICE: 55
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    • Article
      LONDON MARKETS
      900 9 COFFEE: Robusta futures ended the morning steadier, between £22 and £9 a tonne above Wednesday's close in traded positions. Dealers said commission houses led follow-through buying from New York's firm close on Wednesday. September was particularly strong and has risen almost £50 since midday on Wednesday. Tightness of
      900 words
    • Article
      RUBBER
      174 9 RUBBER prices in Singapore yesterday closed slightly higher with September One RSS buyers quoted at 179.00 cents a kilo, up half a cent from Wednesday's close. Morning prices were about unchanged but gained some ground in subsequent trading on some covering. Afternoon prices fluctuated around hmchtime levels in quiet
      174 words
    • Article
      RAS PRICES
      345 9 RAS prices In cenU per kilo yesterday Noon (per kilo) Buyers Sellers lat. 1 R.S S prompt f o b 1*150 1K2 50N Int. 1 R.S.S. September 179 00 179.50 Int. 1 R.S.S. October 100.00 180.50 Int. S R.S.S. 171 JO 173.SON UK Cool 170-50 172.50N tat S
      345 words
    • Article
      SSR and SMR
      103 9 NOON SSI I and SMR prim ymu nUr KA1 StfUl (Cirml tfi ■bar 1 Mtkl October (hrwtH Mlk) ant20 SSR SO (1-toa p*U*t) l« p*U«J 1MJ0 157.00 180 SON 1SA00N 180. SO ISA. 00 181 SON 1S0.00N MRELB 8cp*«ii >b*r October SMKCV SMRL SMRS SMR CP SMR
      103 words
    • Article
      CLOSING PRICES
      32 9 Rubber: Aug 12 Singapore: Sept: 170.00 cents (up 0.50 cent) Malaysia: Sept: 199.00 cents (up 0.75 cent) Tin: M 529.15 per kilo (unchanged) Official offering: 171 tonnes (down 44 tonnes)
      32 words
    • Article
      Straits Tin
      49 9 THE STRAITS TIN price in Penang yesterday was again inchanged at the IT A fleer level. The buffer stock manager con tinned support at this level taking meet of the total tnrnever. Turnover dropped to 171 tonnes from 215 tonnes en Wednesday and there was no rationing.
      49 words
    • Article
      Produce exchange
      174 9 CHINESE Piitwi Kntelft, Sagapsra, mm etssAag prises psrlOOkg juriuiiay. Ciri—t «0: Bulk fob $83.00 sellers, oU drum (in second hand drum) fob $95 00 sellers, new drum fob $89.00 sellers. Csfva: Mixed (loose) $42.00 buyers. Pepper: Muntok white pepper fob Asta NLW $310.00 sellers, Sarawak white pepper faq
      174 words
    • Article
      TEXTILES
      142 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattsa yara: China Blue Phoenix 20s 2,450; 32s 3,130, 40s 3,300 (per bale of 400 lbs). PakMaa raw eattsa: LSS 6.00, 4F 5.9«; 289F 6.10; NT roller ginned 6.00 (per lb). CLOTH in
      142 words
    • Article
      PALM OIL
      107 9 The Kuala Lumpur crude palm oil market yesterday closed lower in moderate trading. In the south, August and September fell Mss and $10 respectively to $675 a tonne while in central both delivery months fell $15 each to $665. October in the south, however, rose $15 to $675.
      107 words
  • INTERNATIONAL STOCKS
    • Article
      Amsterdam
      170 9 AUG 11 FU ABN 307JO -0 5 Ahokl riM -U AfcID 200 unch jprcv 80.80 -03 ifknfai 7800 -1 -fmrobnk 41 SO -01 Sy 22.70 unch Bbis 56JO 01 BorsumlJ 93.00 -2.1 -0J -0.1 Qurhmann qUand 32-30 2U0 OJy« Delft 206 00 4-3 gm mu 70-30 unch 124 JO
      170 words
    • Article
      Paris
      247 9 AUG 11 FYs CORBBILLB Air-Liquid* BS NGervaw Dtnone CSr (ThomsonCat) 437 1275 138.30 •1 -30 03 Clc Francals* del Petroles n .M -8.1 Compagnle Financier* Compagnte G*n*raie Credit Foncler De France Hachette (Libralrte) Machines Bull Mlchelln (B) Pari baa Pechlney Clglne Kuhlmann Peugeot• Philip* (N» Gem Bexlt) 348 436
      247 words
    • Article
      Frankfurt
      150 9 AUG 11 Dm Ae(-Telefunken Akso Alls Litra Ails Vers BASF Bay H T Wbank Z Bay Vbank Bayer 24J0 III 11S00 ZI ion At 0J -0J -0* BBC BMW CasaeUa ClMm Verw Commerstiank Contl Oumml ZI 1*1 JO IZ moo *1.10 ■u -1.1 -0.7 Dtlnler-Btai Defum Ormac Deutsche Bank
      150 words
    • Article
      Brussels
      90 9 AUG 11 rn FORWARD MARKET Ac ec 400 Arbcd 1074 >14 AjUt 3M 10 Bmcu 752 Bnj-Lamb 1300 -30 Can par 1060 >1 Cock 19 -4 De Been m -4 R>e» i* -S Electro bel 4390 -35 Ob-lnno-Bm 3090 -m Or. 1730 -10 Hotook Prtro 3190 44(6 10 Ryl
      90 words
    • Article
      Zurich
      180 9 AUG 11 Francs Actions Suisses 234 -S Alusutsse Br i 4» Alusulsse Ref. 130 Brown Boverl Br. MO unch Clta Octcj Br 1220 J ClbaOelfy PC no unch Clin Oelfjr Reg. MO -1 Credit Suisse Br MOO -U Credit Suisse Reg 300 unch Elektrowatt Br ais -S Oeorfe Fischer
      180 words
    • Article
      Milan
      86 9 AUG U Be! '.IZ~ ***** -10 Central* CM 2715 4-115 Cond Acqua Ron 141 -2A Ertdanta WOO -100 rial CM 1975 unch General! *****5 -075 nim 2305 -15 Ifl Prlv 3490 400 Invest. xm -u ItakremenU Ord ***** -MB Il&if&S MB unch Lepetlt Ortf niJO unch Medkobtnci M llano
      86 words
    • Article
      Prices fail to sustain rally
      1220 9 NEW YORK STOCK price* on Wednesday again (ailed to sustain the technical rally expected by many analysts as investors showed continued concern about a weak economy and conflicting cures proposed by the US administration. The market once again (ell to its lowest level in more
      1,220 words
    • Article
      TORONTO
      118 9 auo ii a A MUM Hud Bay Mln Imp mi MS MS unch H as unch Algoma 24 s. <* Ini lit* ISS -S Buik Mom ns -S InU Nickel 10 -S Bank No** ScoUa 23 Bell Tel its unch unch Beth Corp Maaeji f'erj Mattacaml Lake Mnf li
      118 words
    • Article
      JOHANNESBURG
      310 9 AUG 11 Rand j i a Alpha 400B Abercom 286 unch AE And CI 915 unch A MIC 2375 425 Barlows 785 unch r» Sugar 1475 unch (HA 650 Currie Finance 220 unch De Beers Ind Ed con Edgars 8200 Eve read y Fed Volk HI 300 unch Fuel
      310 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      65 9 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 7pm 'till 11 pm. For Reservations, telephone *****66. 9 On the sth Floor of The Octagon, 105 Cecil Street, Singapore
      65 words
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      Page 9 Advertisements Column 2
      0 9 ]&"$"|\`>]>{$(].\%;;$'*!=[<&\_;
      0 words
    • Advertisement
      Page 9 Advertisements Column 3
      105 9 66 One of the bright spots of my morning is the arrival of The Asian Wall Street Journal. 99 Mr. Brian Bennetts Genera] Manager Chartered On-line Ltd. Hong Kong Printed in Singapore Daily delivery Monday through Friday CD One year tor Ssl9o CD 26 weeks for Ss96 CD 13 weeks
      105 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2323 10 BID and offer prices officially Hated «ad Nalrw in and reported to the Stock y at Singapore yesterday, with the number at Miares traded shown hi brackets in lots of 1.110 units, unless otherwise specified. SECTION ONE INDUSTRIAL A 1 COMMERCIAL Acai
    2,323 words
  • Article
    SHARE INFORMATION SERVICE
    2820 10 IMS High Low Coapaay Last Sale +or- Gr"s Div DiT C*TT Gr"s YTd Net P/E Vol Day (*000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 350 233 308 320 141 291 480 328 247 Acma Alcom 135 Allied Choc 225 BAT 318 Bata 88 Ben Berjaya Kaw&t 138
    2,820 words
  • Article
    In Kuala Lumpur
    1736 10 BID and offer price* officially listed and business in and reported to the Kuala i jimp»»r Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. D4DWISIALB A<Ma(3.ISS) Ifrimli (I.MS) Alaaai (IBB) (2) 1.06 (4) 1.04 (12)
    1,736 words
  • Article
    Share prices continue to weaken
    770 10 A WAVE ef aerveas selllag Aml Ike fltaf9f i stock market tftla yesterday, wltk prieee flalshlaf at IMr fewest levels la 25 m»atks. mere active Ike Straits Times ladaetrlal ladex mtlwrt Its inUr digit, 12th straight tradtag day of plaages wttk a steep lIJ2 pelat
    770 words
  • Article
    Stocks plunge sharply in KL
    451 10 SHARE prices again fell sharply on the Kuala Lumpur stock market yesterday in a day of almost uninterrupted selling. Turnover rose significantly. After an easier start, prices moved continuously lower on a spate of selling. Some late support, however, managed to seep through, taking values
    451 words
  • Article
    Unit trusts
    130 10 JWtfWi OWtWIT DIAMOND MOT *TOU tSSZZT—nzz?-"—"—» 1-41 S'portFd(USS) 0.53 0 57 ,1" a rS ;j; s pow he. tad La l Mzd (Jatr) s pap» 1m<1 rand M7 0 «2 rn S por, Faulty 1« Income Band LS 1JI aJSSZESBS, itoiProtrCy L5 fiJ in aS Iklfcwttiw i It
    130 words
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  • COMPANY NEWS
    • Article
      Beijing moves to bolster HK's confidence
      567 11 etIINA has made special effirts to restore confidence in Hongkong by sending Bu 'Ming, chairman and president of the Rank of China, QB personal visits to a stock exchange and the Gold and /Silver Exchange after Mon■day's "near crash." "The bank also came out
      567 words
    • Article
      Bata(M) faces crucial test
      240 11 APTEE fcwhl Jmi s crap» (Mateyrta) Bhd saMltoahMttyto iiMhilni will be jwMs IMMs te essse M^eato beeesse am dMflealt with the aastovtty «MdlbUCo» UierUD ivpiilf HMI HW there has heca as rigas ef aay appreciable rwnwry la market naiitli— toeally aad abroad. Bat it will im
      240 words
    • Article
      See Hoy Chan aims for top in microcomputers
      733 11 THE See Hoy Chan group, a well-diversified conglomerate on both sides of the Causeway, has set its sights on becoming the market leader in the high growth and capital intensive microcomputer business. The thrust was made a year ago when the group
      733 words
    • Article
      Lock icon Apple, Green Apple or Apolo?
      598 11 NYT AN APPLE II home computer, with programs, was recently advertised in New York for U551,895. That was a reduction from $2,804. In Hongkong, however, what looks like the same thing sells (or as little as $300. The growing demand for home computers has pitted
      NYT  -  598 words
    • Article
      UEP confident of achieving target
      379 11 UNITED Estate Projects Bhd (UEP), a 31 per centowned associate of Bandar Raya Developments, is confident of achieving its projected earnings of Ms 27 million (or the current year in spite of having incurred a 19.6 per cent drop in group pre-tax profit to $9.48
      379 words
    • ASIAN STOCKS
      • Article
        Prices sharply lower
        475 11 HONGKONG STOCKS yesterday closed sharply lower on heavy institutional selling, which triggerred stoploss orders, brokers said. In the afternoon shares extended early losses and dealers expected the Hang Seng index to breach the 1,000 mark for the first time since June, 1980. The index, which closed at
        475 words
      • Article
        Tokyo shares marginally lower
        339 11 SHARE prices yesterday fell for the eight consecutive trading day, though the selling lost momentum as investors turned cautious over the pace of the recent slump. The market average slipped another 4.98 to end at 6,880.23, its lowest level since August 28, 1980, when it stood
        339 words
      • Article
        Manila
        63 11 AUO II Pan 't^rrfpJSB Ullt unch •MM unch ''ir U.M -*1 ***** ancb 'i k 1 IDS -MMI CDCF 1«0 «U M -U UK -0 001 Ui unch Mil unci) orttnui B nui Own PhUei B PIM»B MB -4MB i«M -*m hjjt MnB Poc*l ■an MM 8 n» »u
        63 words
      • Article
        Sydney
        364 11 PRICES yesterday eased in quiet trading. Dealers said a shortage of activity, with buyers and sellers on the rideMnes ahead of the federal budget next Tuesday, prevented a big downturn after the falls on Wall Street overnight. The All Ordinaries index fell 2.8 points to 441 BHP lost eight
        364 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      324 11 mgrWm STRAITS STEAMSHIP 3 COMPANY LIMITED Incorporated in Singapore INTERIM REPORT TO STOCKHOLDERS The Directors advise the following unaudited results of the Group and the Company for the six months ended 30th June 1982: HALF YEAR TO 30TH JUNE Despite generally weak economic conditions in the region, Group operating profit
      324 words
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      Page 11 Advertisements Column 2
      572 11 JB«rtSf»(MALAYSIA) BERHAD 3Md&MdMr (Incorporated in the Federation of Malaya) INTERIM REPORT The Directors of Bata (Malaysia) Berhad have pleasure in announcing the unaudited results of the Company's operation for the six month period ended 30th June. 1982 with comparative figures as follows:— Half year Half year Year ended to 30.6.82
      572 words
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  • Chief Price Change
    • Article
      SINGAPORE
      138 12 Rites Indi ices C Safari NCiant Mmhi-Parpoac Hotal Prop Falls ICB H Leoag Fin 8*1 CoooaaU OCBC Matro Hldgs Carta berg N«ayaa| OUI OUT look Gardaa Nat Iroa 8 Fiaaace Sal PraytrtiM Sia Chaw Kappal Skip Mapu Corps aoo 330 ITS 104 300 510 170 075 510 300 250
      138 words
    • Article, Illustration
      KUALA LUMPUR
      175 12 SHAKE PRICES eontianed to shew doable-digit I>mm en the Stock Exchange of Singapore yesterday, amid mere glsemy sews sn the state sf the recession. The Straits Times Industrial Index fell for the 12th eoaseentive session, losing a farther 11.32 points to a 25-month low sf 559.53, while the
      175 words
    • Article
      Selected indices
      50 12 FINANCIAL TIMES INDUSTRIALS Wednesday 547.4 Tuesday 541.1 Week Ago 500-3 DOW JONES AVERAGE INDUSTRIALS Thursday 966.36 Wednesday 1088.87 Week Ago 1442.02 AUSTRALIAN INDUSTRIALS Thursday 814.7 Wednesday 818.8 Week Ago 821.4 Wednesday 1T12\ Tuesday 778-30 Week Ago 803.46 ALL ORDINARIES Thursday 464.2 H.K.HANG SENG Wednesday 487.1 Week Ago 469.2
      50 words
    • Article
      Lock icon Dow Jones mixed
      109 12 AP THE NEW YORK stock market was mixed yesterday morning, making another effort to rally from its lowest levels in more than two years. The Dow Jones average of 30 industrials rose 2.66 points to 779.87 in the first half an hour. Losers held a slight lead
      AP  -  109 words
  • Article
    Steamers' first-half earnings up 9.3pc
    808 12  -  ■Hi Companies Editor: Mano Sabnani By CHRIS LIM THE divenified Straits Steamship group has managed to post a 9 J per cent increase in its operating profits to $15.01 million for the first half-year ended June 30,1982. Although this growth is lower than the 12.4
    808 words
  • Article, Illustration
    Harapan contract for Beaufort
    380 12  -  By SIOW LI SEN BEAUFORT International Hotels, a relatively new hotel management group, has been awarded the management contract for the smallest of the three hotels in the $1 billion Rahardja Centre complex currently being developed by the Harapan group. Three other international hotel chains are
    380 words
  • Article
    LONDON STOCKS
    788 12 GOVERNMENT bonds were firm but equities were mixed in slow trading. At 3pm, the Financial Times index was off 1.9 points at M 5.5. Substantial overseas demand was seen for bonds and Exchequer 12 per cent 1998 was exhausted as a "tap" stock in early business. Prices ended
    788 words
  • Article
    SPP posts creditable results for first half
    334 12 SPP Ltd, the paper products to property group which was very much In the news earlier this year, has reported creditable results for the first half year to June 30. Group pre-tax profits (after minority interests) for the period amounted to $1.47 million
    334 words
  • Article
    COMPANY BRIEFS
    202 12 THE Credit Lytiuii US$200 million floating rate notes due February 1994, will be listed on the Stock Exchange of Singapore from Aug 13. Trading will be on a ready basis and the quotation will be expressed as a percentage of the principal value, excluding accrued interest. THE Kuala
    202 words
  • Article
    Bolton will pay cash for realty purchase
    204 12 BOLTON Properties Bhd is the latest Malaysian listed company which has to pay cash for its proposed property purchase. The company yesterday said the Malaysian Capital Issues Committee and Foreign Investment Committee have approved its purchase of a 1.7-hectare piece of residential land
    204 words
  • Article
    General Corp activates two new companies
    174 12 GENERAL Corporation Bhd has activated two new companies, one to produce floor tiles and the other to provide factoring and financing services. The first company, General Floor Tiles Sdn Bhd, was incorporated on June 29 this year and has an authorised capital of Mss
    174 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      278 12 Assurance for Partners ACCOUNTANTS, ARCHITECTS, DENTAL SURGEONS, DOCTORS, SOLICITORS AND OTHERS IN PARTNERSHIP Will your partnership finances survive the death or retirement of a Partner? IS W mm Retirement is foreseeable, but death can strike a partnership at anytime. According to current mortality tables, there is a one-in-five chance of
      278 words
    • Advertisement
      Page 12 Advertisements Column 2
      414 12 mSmSSSSmSSSSSSI MANAGEMENT ENGINEERING WORKSHOP Singapore, October 11 15,1982 Value management and engineering is a management program which uses a systematic approach t0... identify the basic function of a product or service establish a value for that function provide that function at the optimum cost A five-day intensive workshop which teaches
      414 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      63 12 W EAT:H E R OUTLOOK for Singapore today: Cloudy; showers in several areas in the afternoon. Repert for 24 hears prfor to IJ$ pm m Aag 12 at the alrpart: Maximum temperature 28.4 Associated humidity 78 Minimum temperature 23.0 Associated humidity., 97 Hours of sunshine 0.45 Rainfall in millimetres 15.2
      63 words
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  • SHIPPING TIMES
    • Article
      Decrease in world demand for shipping services due to recession
      331 13 •WORLD demand (or shipping services fell by 5 per Jcent in volume last year Pompared with 1960 and emand expressed in «tonne-mile-age declined to j}ts lowest level since 1975, toaid a report by the Organisation (or Economic .Cooperation and Development.
      331 words
    • Article
      FASC explains objections to conference GRIs
      507 13  -  By G DURAIRAJ THE FEDERATION of Asean Shippers' Council (FASC) has forwarded its explanation to the US antitrust division of the Department of Justice on its objections to the manner in which general rate increases were imposed by US-bound conferences. The explanation was sought
      507 words
    • PORTSIDES
      • Article
        Lock icon Kawasaki's propeller
        85 13 AFP KAWASAKI Heavy Industries, Ltd, a major Japanese heavy machinery maker, said it had made the world's largest variable-pitch, fiveblade propeller for ships. The propeller, measuring 9.15 metres in diameter, will be used on a 224,600-ton freighter, now under construction in Japan, a Kawasaki official said. Test results
        AFP  -  85 words
      • Article
        Ocean's first-half results
        90 13 OCEAN Transport and Trading says the continued depression is having a serious effect on almost all sectors of the industry and the company's bulk ships and liner services are no exception. In addition, import controls by the Nigerian government are now beginning seriously to disrupt all the
        90 words
      • Article
        Lock icon Greek freighter sunk
        113 13 Reuter A 15,000-ton Greek freighter, identified as the Litsion Bride, sank after being hit by Iraqi rocket fire off the River Khowr-e-Musa in the Gulf, a spokesman for the Greek Ministry of Merchant Navy said. The spokesman sajd the ship was on its way to Bandar Khomeny
        Reuter  -  113 words
    • Article
      INDEX TO ADVERTISERS
      755 13 SMpptag LJm PMC CM AcUpriecoavc VTD I AIM vm I Ahreokie) Liner X 4 Alfred CT All trans Alpac VI vn VI 1 4 5 Aotulag Antara Stye DC X X 1 S a AFCUat DC APL m TV 4/5 4 AKT^' m 1 ASL Coot Asia
      755 words
    • Article
      Lock icon Ship hit by shell fire sinks
      115 14 UPI A SOUTH Korean cargo ship sank early this week in the Persian Gulf after it was hit by shell fire from an unknown source, the Seoul Foreign Ministry said. The 16,358-ton Sambow Banner was hit and sank on Monday while sailing out of
      UPI  -  115 words
    • Article
      More US-Philippines talks on cargo plan
      613 14 THE BILATERAL discussions between the Philippines and the US on maritime matters have ended with both sides agreeing to hold further consultations. The two sides delved into the details of the Philippines cargo sharing scheme, how it would be implemented and how it would
      613 words
    • Article
      The Consortia
      215 14 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      215 words
    • Article
      LONDON FREIGHTS
      1633 14 LIMITED grain bookings on Wednesday developed out of J the Great Lakes but other sectors of the freight market were extremely quiet and generally featureless. Barley from the Great Lakes to Limassol, Cyprus received US$24, while $16 was agreed for heavy grain from the Lakes to Antwerp-Hamburg range
      1,633 words
    • Article
      ORIENT EXCHANGE
      523 14 VESSELS Opea: Built 1559 Pan AB 1 deck SHo/6Ha G/B *****/***** cum Derricks 2XIO, 10X5, tons about 12 knots on 20 (1500)+ 1.5 ton D.O. Jade River 13,320 dwt on 9.284 m built 1959 Pan Lloyds 2 decks SHo/Ha G/B 655,584 593,907 eft Derricks 6XIO, 6X5 tons about
      523 words
    • Article
      US maritime policy revealed
      301 15 THE SECOND phase of the US administration's developing maritime policy was revealed by secretary of transportation Drew Lewis, who said "these policy components reaffirm the President's strong and very positive commitment to do something about the state of the shipping and shipbuilding industries." While one of
      301 words
    • Article
      Lock icon Pipeline linking Panama's ports to start pumping
      637 15 Reuter THE FIRST oil pipeline between Panama's Pacific and Atlantic ports will start pumping next month, giving this tiny central American country still greater strategic and commercial importance. Modern supertankers, which provide the cheapest method of shipping this vital commodity, cannot fit into
      Reuter  -  637 words
    • Article
      TEST RUN FOR MUTSU
      146 15 THE nuclear-powered ship Mutsu, which had been undergoing repairs at the dockyard of Sasebo Heavy Industries for nearly four years, made a test run recently off Sasebo port by using its auxiliary conventional engine. The test run was made as the ship is to be moved
      146 words
    • Article
      SHIPPING LIST where your ships are due...and when
      4216 20 gCHEBPU 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
      4,216 words
    • Article
      Container Schedules
      698 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO f Godowns FCL Arrival for LCL Movement Ship .ji Voy Date/Time Operator Cargo Schedule Location Prase tia 29SB82 14.8.82 1800 Seven Seas 49 1000-1100/1600-1700 B5/B5 0200-0300 B5 Korean Chance 9W 14.8.82 0400 Everett 49 1200-1300/1200-1300 B4/G4 Liverpool Bay
      698 words
    • Article
      WHO ACTS FOR WHOM...
      1898 21 The leading shipping lines operating from local ports and their agents. A B Achlpeiega Shpg Singapore Shpg Corporation (S) Euro-Asia Line <PN KL PK) \drUtk- Caatslsrr Continental Feeders (S), Cargo Freight < PK). AFEA Singapore Shipping Corporation <SK Euro-Asia Line (PK PN) Afra-Earaate Liar Transgroup Pte
      1,898 words
    • Article, Illustration
      Asia Pacific yard launches large multi-purpose ship
      269 22 ASIA Pacific Shipyard, a wholly-owned subsidiary of Promet Private Limited, launched the largest multipurpose vessel built by the group recently. Worth $10 million, the flush deck-type barge/rock carrier is owned by Chut Kee Limited of Hongkong. The vessel, christened Progress Carrier I, is
      269 words
    • Article
      SHIPS IN PORT
      496 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bunga Gelang 45A Leo Shpg alongside 13.8.82/0600 Cherry Man is 28 Llan Soon alongside 13.8.82/1500 Dal to Mara 25 OC Shpg alongside 13.8.82/1800 Equator in 22 Thong Soon alongside 13.8.82/0700" Gaya Lima 19 CF Sharp alongside 13.8.82/2300
      496 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      458 13 HELICOPTER MARINE SERVICES 24 hour service by twin-engined helicopters to vessels at sea in Malacca Straits and South China Sea. TEL *****11 HELI SERVICES (PTE.) LTD. Helicopters also available for casual charter, aerial photography etc. .1 RI) INI \N'T Ml Orient Overseas Ca*tlcu*teA Line FULLY CONTMOISED SERVICE TO EUROPE (VIA
      458 words
    • Advertisement
      Page 13 Advertisements Column 2
      295 13 UNITED ARAB SHIPPING CO SAG) EXPRESS MULTI-PURPOSE SERVICES 158 *1 Loading tor Acceptor Brtakbdk Kuwait (28/9), Dammam (30/9) Mm Dhabi (2/10), Dubai (4/10), FULLY CONTAINERISED SERVICE Accepting LCL cargo tor Dubai, Kuwait. Bahrain and Dammam Vessel S'pere Loading tor JEBEL ALI V.24 20/t Mina Qaboos (29/8), Dubai (30/8), Dammam (1/9),
      295 words
    • Advertisement
      Page 13 Advertisements Column 3
      19 13 I LONDON Freights ORIENT Exekuge... IK SHIPPING Sehedale CONTAINER Schediles WHO Acts (w Wh«m SHIPS Ib Part REGIONAL Weather
      19 words
    • Advertisement
      Page 13 Advertisements Column 4
      839 13 I The Straits C ?2?? es Times Activities. nTßtrnmnr,,, Key Personnel. DIRECTORY Agencies Of Singapore (Buku Merah) MAERSK LINE r 1 EXPORT FULL CONTAINER SERVICES SINGAPORE CIOSKG TMES CY 18th August 0700 HRS CFS 17th August 1900 HRS 7/91 1/9 22/9 6/10 20/10 3/11 17/11 1/12 15/12 IMPORT FULL CONTAINER
      839 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      715 14 FAR EAST/EUROPE CONTAINER SERVICE Spore 1) Msedles 2) Rdam 3) H burg 4) Gburg Contoiner Service Feeder *P Kelang Vessel B MHLIA ki Port (UTIMOA B POtAGA 20/8 B PIRMAI B OMIIA 27/8 KORWGAN B POVSA 3/9 tmti B DAHLIA 10/9 N OtLFT B PtNAfiA 17/9 SFLANOA Aho Accaptmg Far
      715 words
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      Page 14 Advertisements Column 2
      378 14 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South W«st Pacific North Wast 17/9 13/9 15/9 JwMfct Atlantic/Canada Mottwr ttl NY riD Mother VS. ft 9 ToMxi M 1/10 Kirobe M NY SAV SI 1/11 7/10 9/11 14/10 11/10 10/10 10/10 21/10 2/11 27/10 TONBO NAM 21/111 U2IKMU MM
      378 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      771 15 The Straits Steamship Group occ Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok fCONT AINERSHIP SERVICE TCHjK/CONTINE^ lARCS MY FRAMFURT EXPRESS lACRPOOI MY CITY or EDMBURGH TO* 10 express KORROON MY CARDIGAN MY KM VON TOKYO MY FRANKFURT EXPRESS Bran R dam (17/1) 02/9 U/9
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      Page 15 Advertisements Column 2
      760 15 NOTICES m.v. "CHIDAMBARAM" VOY: 111 arrived hi Aagmnt. IKB. »l PA*. M«wi N«. tt. Oneral Survey of damaged cargo ex the above vessel will be held oil Wednesday 18th August. 1982. from 9.00 a.m. to 5.00 p.m. No further survey will be held after this date Agents: R. JI MABHOY
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      Page 16 Advertisements Column 1
      795 16 I ~7~i Hapag-Uoyd EXPORTS j 5 port P HeUnj S'too H burg 8 ha»en Rdam If Havre Antwero LatJißay 13/1 15/8 31/ I 4/9 <7/9) 2/9 4/9) Frjfctal (iprtu 18/8 20/8 7/9 9/9 11/9 12/9 14/9 Lnorpoolßar 26/8 28/8 lb/9 17/9 19/9 20/9 22/9 <*T t 3/9 5/9 23/9 25/9
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      Page 16 Advertisements Column 2
      519 16 muh4 lo*k>*» not COMENTKMAI SOWW To/From BUSAK STOK V. Kftanf DIIM 179W/18K 16 18 Aug Ist Call ?6?7An 28 29 *u t 1? S*p< 40/31 Aug Inchon 1 *&A 177W/1781 1718 Sept I9?OShH 2122 Se* 30 Sept FULLY CONTMOBED TO/FROM NORTH AMERICA NEST/EAST COASTS 1? Sept Inchon 9 Sept 30
      519 words
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      Page 16 Advertisements Column 3
      272 16 0 EVERGREEN LINE FAR EAST/EUROPE CONTAtfCR SERVICE ACCEPTMG Fa i LCI CAMO FOR SCP m CD W FLI W «M u« E>« l«M IS/S 19/1 1/9 11/9 12/9 14/9 IS/9 Em «Jk« 25/1 15/9 17/9 19/9 21/9 22/9 Em> L»f» J/9 4/9 14/9 2V9 27/9 29/9 l/IO 2/19 uso acceptmc
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      Page 16 Advertisements Column 4
      1100 16 Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON 14/17 An S pari P Keiant tam W taPt/ISA* IC/17 Ami PMKSMMR6TAWYWA 15/17 la IMMC-CYQ 14/17 A* 71/24 ft* BFS S C Agents m Motoy v.o BOOSTE AO SHAPING TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 Camppma AfiMttna Q«
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      Page 16 Advertisements Column 5
      369 16 SI NOSE MARITIME PTE LTD iQi SANKYO LINE JAPAN/STRAITS SERVICE SMOSE MMHTM Pit ITD m *****44/7 I *****70 LAST HSU SHPPMG SM M TU 444(44/*****1 EAST ASM SHPPMG SON M) TEL 34-9732/3/7251 malaysu trah i transport in TU (7193 I (3725 SMGAPORE PKEIANG PENANG LOAO FOR SOUTICRN CTOSS R 20/1
      369 words
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      Page 17 Advertisements Column 1
      1197 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH. JEOOAH AQABA (Reefer Cntrs Acceptable) S PORE f COLOMBO HOOEIDAH JEDDAH AQABA COLOMBO 31-31/S 6-9/10 16-17/11 Sailed 5-7/9 14-16/10 22-24/11 13-14/6 24-26/6 14-16/9 16-19/9 121-22/9 2-3/10 23-25/10 27-26/10 30-31/10 10-11/11 1-3/12 5-6/12 I 6-6/12 19-20/12 31-31/6 6-6/10 16-17/11 25-26/12 EAST AFRICA/REDSEA SERVICE
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      Page 17 Advertisements Column 2
      910 17 BEN LINE CONTAINERS EXPRESS CONTMO SOMCE TO/FROM EUROPE to awn tirpW Frasbfcl Esprats UwpMl Bay My OIE M(|t lata* [qrto R**to*a Bay CarSr**Bay NM*/E»N* Uewpwl Bay Iwn Eaprtn CRy d [M*|t Aaaga Kn Taka Eiprtss Pil| Hm Bkwot R4am Harre UK ?0/l Limpool Bay 17/1 19/9 20/9 22/9 15/9 2S/t
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      Page 17 Advertisements Column 3
      646 17 ilii Scan Dutch 9 EXPRESS CONTAINER TO MtP/UK?Ht/SCAN SERVICE P IMM| Penary Mmv> faada (Mto mm DUCK KIWAIIA SM JUTIANDM MPort A PttOGHSS SM ANSON SM «naga ta i//t i nnuu I ANSON 19/8 I DAHLIA I KIATI 22 1 kOMKAN ?M c Aant ANSON H I B PtNAGA A
      646 words
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      Page 17 Advertisements Column 4
      512 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG CORABANK 1 Oct 27 Oct 30 Oct 03 Nov CLYDEBANK 23 Nov 19 Dec 22 Dec 25 Dec Lykes/4 Lines U.S. GULF DfftECT SERVICE SHIRLEY LYKES VELMA LYKES JOHN LYKES LOUISE LYKES (•New Orleans, Mobile, Houston,
      512 words
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      Page 18 Advertisements Column 1
      1462 18 V®'K'line KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE NEW YORK/E. CANADA umairaa ion to TASHMM MARU ¥37 30 Aug TOHKI MARU ¥66 6 Sept RUROet MARU ¥64 13 Sept NEW *RSEY MAMJ V 62 70 S«pt 3 Sept NEW IRSEY MARU ¥62 20 Sept Ahecjfc nu&m (I Oct) MTMOK (3
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      Page 18 Advertisements Column 2
      587 18 CAUF<NUNA/PACHC NORTH WEST SERVICE EXPRESS CMTAMR/REEFER SERVICE <m. ias Ream. im fmmco wnu. trcorra. vancou*» bc. Crnmm% P («M( S*H" I A*!** NNHT I hpl 14 W AISTIALIA EXPRESS CONTAINER SERVICE tec*** Fa/ra Cartwtn PIM S pare MM Md Sf4 Afto «Wi RMS' 11/11 A* 20/21 A* SSapt 7 Sapt
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      Page 18 Advertisements Column 3
      682 18 KORINS MARITIME SERVICES™ Room 60 1 iCB 9u tdtpg S nga;x>'»' T. *****22 *****67 (■vine; 387C04 *****5 MIDDLE EAST/RED SEA/EUROPE SERVICES S'mre BOMM 16 Am JHYANG NO. 15 20 Aut Loadng For: Jeddah/Hodetdah Bandar Abbas/Bandar Khomeni GUNONG TAHAN 15 Sept Bandar Abbas/ Bandar Khomeni HAEWOO NO 3 16 Sept Jeddah/Port
      682 words
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      Page 18 Advertisements Column 4
      603 18 f INTRASEA (PTE) LTD. Suite 2616. International Pla?a Anson Ra Singapore 0207 Tel *****1 1 (lOLmesi NfQBI4LBMA-E.XBrBi BREAKBULK SERVICE TO EUROPE/UK s port r KeiangLoadmf tar AJtION 8801* 25 Aug 22 Aug BOULOGNE/RDM!/UK (AVON) Vessel Loadmg at Kota Kiubafcj FULL CONTAINER SERVICE TO EUROPE/UK ELK MB 133 Singapore P Ketone
      603 words
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      Page 19 Advertisements Column 1
      655 19 NEPTUNE ORIENT LINES TO EUROPE/UK (VIA SUEZ): K CHANCE 9W+ 14/8 SS BMDGE 37W I 20/8 C CONTAKR 17W 26/8 N GARNET 11W 2/9 MERCATOR 27W 8/9 K JACEJM 16W 113/9 Also accepting cargo to/from Scandinavia K CHANCE S'pore Closing Times: FCL Cargo La Cargo FROM EUROPE (VIA SUEZ) 0400
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      Page 19 Advertisements Column 2
      452 19 RIAL DIVE LINES Loading for Jeddah/Gizan/Pt Sudan FOR BOOKMGS ft ENQUMES PLEASE CONTACT: **NK PORT KELANG PANOCEAN NAVIGATION ft TRADMG ORENTAL SMVMG CORPORATION CO /TIE) LID TEL: LL *****6/*****4 CO LTD 11N KTERNATONAL PLAZA ANSOU ROM) SW6APORE 0207 TEL: 222J120 PORT KELANG 3S7S4S KUANTAN *****519 PASR GUDANG 0736*885 TRANS-SIBERIAN CONTAINER
      452 words
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      Page 19 Advertisements Column 3
      1039 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUHDMG 55, Market Street Sigapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SHSOV SHGAPORt Tetei Numbers RS 213*0 RS ***** RS 2510S P KELANG PENANG M/S SHAWM T IMN SOON SON. M IST ANO 2ND FLOOR. MESSRS HAI THONG SHTPMG 23
      1,039 words
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      Page 19 Advertisements Column 4
      94 19 SOON KIAT SHIPPING PTE LTD 190!) t 1906 19th fir. Shenton House 3 Shenton Way S pore 0106 Telephone ??(hOM (i Lmesl t 220K3S Tetei R*****9 SKSHP REGULAI SERVICES TO EAST MALAYSIA (quipped «ntti *?0 lons **K tons Freerer Chambers 7th Pl**r, MNB Bulidlnn, 54 R*Mits*n Rmul, Slagtpwv lIM Tel:
      94 words
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      Page 20 Advertisements Column 1
      719 20 S S C Group SINGAPORE SHIPPING CORPORATION PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE o'o4 VARKETING 9U122 (3 LiN*S> GENERAL 91 3111 122 LINESI TELE* RS 2459S RS 2SS6B A 8 CARSHIP CABLE CARGOSHIP lte«|i«nal Container Unes 2 SAILINGS A WEEK to/from BANGKOK BERTHING 1300 HRS EVERY TUESDAY SATURDAY DSR-LINES*^
      719 words
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      Page 21 Advertisements Column 1
      178 21 «?V UNITED FORTUNE SHIPPING PTE LTD TH: *****3, *****0, *****07, Eta Etd Loading lor. TUNG HO I 27/1 Bmaw, A VESSEL 20/1 Strahaya Mi Fk. CH BH( 93-12 Mart*! $1 S«w*« (1M Titti K3SOC3 A/8 UNFO* CaUl: TED TIN REGULAR SERVICE TO THE PHILIPPINES Loadstau* hten>fl<Ml Shipping C#. Inc., Manila
      178 words
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      Page 21 Advertisements Column 2
      331 21 EGYPTIAN] INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT BUEZ PORT SAID ALEXANDRIA) stok pt suu r sad sgggm 9HM »Y 113 hit 17 A* 31 S*p» J U* I rmms WOT 103 Wt 71 Oct 4 Oct 7 Oct II Cargo Booking* Pt*m Ptiono 2735W1/2 DIRECT
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      Page 21 Advertisements Column 3
      401 21 CARGO SPACE AVAILABLE ON LINER VESSELS LOADING FOR MADRAS, COLOMBO. CHITGG., CALCUTTA, BOMBAY, KARACHI, MUSCAT, DAMMAM, KUWAIT. H ODE ID AH, PORT SUDAN, JEDDAH. AO ABA, ALEXANDRIA, LATTAKIA, PT. LOUIS, LOBITO, LUANDA, DURBAN, DOUALA, LAGOS, D.S. SALAM, MOMBASA, PHNOMPENH, H.M.CITY, HAIPHONG, JAKARTA. HKG, K.K., KUCHING A MUARA. INDOGULF FREIGHT SERVICES
      401 words
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      Page 21 Advertisements Column 4
      148 21 FARGO SHIPPING COMPANY (PTE.) LTD. FULLY CONTAINERISED CARRIER SVC HONGKONG ISLANDS LINE (AUSTRALIA SVC) VESSEL SP MOTHER VSI SYD MEL M)E BUI Carrier I tn Port Yuen Chau 125 11/9 19/9 26/9 24/9 Carrier IV 28/8 Pearl Wand 124 1/10 1/10 15/10 1/10 Carrier X 12/9 Mand Container 125 11/10
      148 words
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      Page 22 Advertisements Column 1
      536 22 HAJ SHIPPING SDN. BHD. A, AN !fNO hA i- «»t AN., 'f 1H Vs "iMt rtA iS># ETA HAMDAHV: 7/12 21/1 HMBMHV: 0/02 11/9 HAMDAH t. 9/02 1/10 •HAYATI 12/02 •HAYATII.I3/12 •HAYAH 1.14/12 P.KELAN6 Loading tor ETA ETD KK. SKAN KK. SXAM KK. SKAN 30/1 1/9 KUCHNG, SBU 12/9 14/9
      536 words
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      Page 22 Advertisements Column 2
      343 22 MAGNA MARINE LINES MECT COUT MO ft TO I FROM SOUTH AFRICA WESTBOUND SERVICE SMGAPORE PT. KEL AUG LOAOMG FOR MV BESSANG PASS VOT M 14 SLD REUNION TAMATAVE (BIT 1975) DUKBAN/PE CAPETOWN •SEIOAI WAIOCS VOT M IS 27/1 24/1 do MAGNA VOT M 16 20/9 25/9 do LOAOMG K
      343 words
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      Page 22 Advertisements Column 3
      353 22 THAI MARITIME NAVIGATION CO.. LTD (THAI NATIONAL SHIPPING LINE) REGULAR NON-CONFERENCE MONTHT EXPRESS SEH-CONTAMER SERVICE TO/ FROM NORTH CONTKNT DESSa VOT NO SMCAPOK PORT ULMG DESTMTION BANGKOK INI IN II M MmOP/HMBUtCMNS TBN Tm 2 KB 3t A* 2 S«p< I Rdinboiz (hum Lint's.. TO: MEDITERRANEAN SEA s par. P.
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  • Page 22 Miscellaneous
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      Page 22 Miscellaneous Column 1
      173 22 Regional Weather 41 s m r 18 > v #i 3 *>3* f* > 0! A,r y v 4 «s4 ,V SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather s-Y Wind direction with speed in knots Cloudy Sky Wave height Sari
      173 words