The Business Times, 18 August 1982
1982-08-18
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The Business Times
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Title Section10 1982-08-18 1 BUSINESS TIMES M.C.(P) No. 93/1/82 WEDNESDAY, AUGUST 18,1K2 60 CENTS10 words
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590 1982-08-18 1 CHARTERED Bank expects to be ready to restructure gradually its equity in line with Malaysia's New Economic Policy (NEP) by the second quarter of next year. Its group managing director, Mr PA Graham, said in Kuala Lumpur yesterday that the UK parent, Standard590 words
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550 1982-08-18 1 KOH TSE YING - By KOH TSE YING THE National Productivity Board (NPB) will soon ask companies for contributions to a Productivity Fund to finance its various development and productivity programmes such as training courses, publications and filmlets. Such contributions will be exempted from tax. According to the latest Government550 words
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417 1982-08-18 1 WONG MAI YUN - By WONG MAI YUN THREE local commodity trading firms have won contracts totalling about US$23 million (FOB) from the Indonesian Government (or the supply of 141,500 tonnes of fertilisers. Hattindo Enterprise (Pte) Ltd, Kuok (S) Ltd and Woodward and Dickerson (S) Pte Ltd are among417 words
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327 1982-08-18 1 A NEW control and automation company in Singapore has clinched a $2.6 million deal to provide the control system for Changi Airport's second runway. This is the first major project won by System Union Pte Ltd, a Singapore-German joint venture set up327 words
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BRIEFLY...
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Article52 1982-08-18 1 Reuter THE much postponed meeting of the Association of Natural Rubber Producing Countries has finally been scheduled to be held in Kuala Lumpur for Aug 23 and 24. The meeting, a follow-up of the May emergency meeting of ANRPC members, is to work out export quota cutbacks forReuter - 52 words
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Article47 1982-08-18 1 Reuter THE Israeli army said Palestinian guerillas violated a US-mediated ceasefire in Beirut and the Syriancontrolled Bekaa Valley. The army said a group of guerillas tried to infiltrate into Israeliheld territory in the Bekaa Valley and Israeli soldiers came under small arms and bazooka fire.Reuter - 47 words
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Article53 1982-08-18 1 Reuter HONGKONG'S Governor Edward Youde will make a two-day visit to the neighbouring Chinese province of Guangdong later this week, a government statement said. He would visit Canton and Shenzhen tomorrow and Friday with the British colony's acting political adviser Richard Margolis at the invitation of Guangdong GovernorReuter - 53 words
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Article55 1982-08-18 1 Reuter SOLDIERS in the Seychelles ap- peared to have taken control of the country's radio station to back demands for change in the army. It is believed the soldiers had made a broadcast from the national radio station pledging support for President Albert Rene but demanding the removalReuter - 55 words
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Article76 1982-08-18 1 AP THE United States and China have announced a historic agreement, "Shanghai Communique No 2," with the US promising to reduce its arms sales to Taiwan, thus removing a major obstacle to improved Sino-US relations. The joint communique released in Beijing and Washington is regarded by foreign diplomatsAP - 76 words
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Article77 1982-08-18 1 AP TWO more subsidiaries of AEGTelefunken have declared themselves unable to pay their bills and the stock prices of the cash-strap-ped West German electronics giant plummeted in Frankfurt amid rumors it would file for formal bankruptcy. The Zanker Gmbh firm in Tuebingen and the Neff WerkeAP - 77 words
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Article47 1982-08-18 1 UPI AFGHAN rebels attacked the Soviet Embassy in Afghanistan's capital of Kabul last week, wounding two government soldiers and capturing two others in the fighting. The fighting, described as unusually heavy, occurred last Wednesday night and Thursday morning and lasted at least an hour. UPIUPI - 47 words
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Article62 1982-08-18 1 Reuter AUSTRALIANS were given substantial tax cuts in a budget which Treasurer John Howard said was a balanced effort to improve the economy without boosting inflation. He told Parliament in his budget speech that Australia was facing a very difficult period because of the world economic slowdown andReuter - 62 words
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276 1982-08-18 1 INFLATION continues to ease with the annual rate falHag from 11.1 per rent in January to a mere 2 per cent in July. It appears that the inflatton rate far this year will he wtthla the 4 to S per276 words
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404 1982-08-18 1 WONG SOUK YEE - By WONG SOUK YEE THE Consumers' Association of Singapore has been 1 suspended from the Inter- < national Organisation of Consumer Unions after claims that Case violated a 1 rule banning sponsorship of consumer magazines. '< lOCU wrote to Case in i February saying404 words
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Article48 1982-08-18 1 THE Singapore dollar reached another 28-month low at 2.2010/20 against the US currency yesterday. Dealers reported that the strong American dollar was the driving force for the local currency weakening; the US unit also reached a five-year high of 265.40 against the Japanese yen.48 words
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Page 1 Advertisements
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Advertisement251 1982-08-18 1 I OFFICE I SYSTEMS We challenge you to outgrow the intelligence of the Qyx* SEE HOY CHAN GfICHJP Singapore Ml *****62/4 K.L Ml: 03-*****0 Psnang Ml: 04-*****9 [JiMDS MODEST money supply growth and the slowness of any economic recovery are likely to contribute to further declines in US interest rates251 words
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Advertisement83 1982-08-18 1 leads the way in Industrial Finance In the world of Industrial Finance, Forward Oversea Credit Ltd. clearly leads the way. Whether it is the financing of just one piece of equipment or a whole industrial complex, the FOCL approach is innovative, competitive and modern. And it is strong! It is83 words
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Advertisement25 1982-08-18 1 BALLY of SwitziAand Internationally recognised as trend-setiers. Edit*riai...pftge 8 AVIS. HERTZ. SINTAT. BTW. BTW? The car rental company you ve never heard of. Phone: *****30,*****24,*****7.25 words
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BANKING AND FINANCE
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782 1982-08-18 2 Reuter MODEST money supply growth and the probable slowness of any economic recovery are likely to contribute to further declines in US interest rates in the next few weeks, US private economists say. Rates fell sharply last week as it became apparent that theReuter - 782 words
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Article71 1982-08-18 2 Reuter THE US intervened in the foreign exchange markets on Aug 4, a Treasury spokesman said. He refused to provide any details on the intervention, but said the action represented a continuation of US policy to intervene when markets became disorderly. It was the thirdReuter - 71 words
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Article314 1982-08-18 2 Reuter ARGENTINA will meet the payments on its external debt for the second hAlf of this year amounting to US$l5 billion without seeking a formal refinancing agreement. The new central bank president Domingo Cavallo said Argentina aimed to service the debts by renewing or extending the maturityReuter - 314 words
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185 1982-08-18 2 Reuter THE Japanese band market caatlaaes la he affected by the weak yea, la spite sf the latest fall la US iaterest rates, bead maaagers said. The eat la the U8 dtoesaat rate te 1U per eeat frana 11 per eeat gave asReuter - 185 words
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Article102 1982-08-18 2 A SYNDICATION of banks, including two from Singapore, has granted a US$2B million loan to an Indonesian group. The eight-year project financing facility was made to PT Perwick Agung, a member of The Indocement Group, for the construction of a 24-storey office building102 words
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465 1982-08-18 2 NYT OVER the opposition qf California's hanking establishment, Citicorp. America's second largest bank holding company, has been given preliminary approval to purchase a major California savings and loan association. The Federal Home Loan Bank Board approved a bid by Citicorp to acquire Fidelity Savings andNYT - 465 words
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290 1982-08-18 2 FINANCIAL markets would be advised to wait a little before expecting the Bundesbank to cut its key interest rates, West German Finance Minister Manfred Lahnstein said. Asked whether the latest cut in US discount rate gives the Bundesbank room to cut interest rates,290 words
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MONEY AND EXCHANGES
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Article491 1982-08-18 2 THE US dollar continued to be traded on the firm side yesterday and hit new highs against major currencies. It recorded a five-year high against the yen, for instance, and crossed the 2.20 mark against the local unit. The dollar opened at 2.1960/80 against the local currency and491 words
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Article168 1982-08-18 2 THE dollar for overnight delivery closed stronger yesterday at 265.35 yen against the opening 263.90, after touching a new near-five year high of 265.45 yen and despite continuing intervention by the Bank of Japan. Japanese traders and oil importers actively bought forward dollars in the afternoon on fears the168 words
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Article41 1982-08-18 2 Opening quotes yesterday VCR! US 1.6960/70 Can 2 .1210 25 Croat -1.2477/80 D Mk 4.2800 50 D FI 4.7175/250 S Fr 3.6675 725 B FY Coo 81.83 94 F Fr 11. »25 /200 Ut 2388 75 2391 50 Yen 40.M/45O1441 words
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Article22 1982-08-18 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.35 per cent.22 words
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Article186 1982-08-18 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on Aug 17: Closing Asian dollar certificates of deposit for prime names on Aug 17: US DoUars(Spot) Offer Bid 7 days 10W 10^ 1 month 10 V lOW 2 months 11 10W 3 months 112/16 115/16 6 months 127/16 12186 words
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Article44 1982-08-18 2 RANGE of prices offered by discount houses on Aug 17: Overnight: 3*«^ Call deposits: CImlu Buying Selling 3-month Treasury bills 3H 3* 3-month Bank bills 7 9/16 77/16 3 months CD 7* 7 1 6 months CD 71* 7H Source: National Discount Co44 words
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Article270 1982-08-18 2 GOLD futures in Singapore yesterday closed slightly lower than overnight levels after fluctuating marginally throughout in thin trading. Total sales for the day, including kerbs, was 319 lots. Turnover on the one kilobar gold market was 17 lots. Prompt closed slightly weaker at US$337, 338 an ounce against 338.60/340.60270 words
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Article33 1982-08-18 2 New York 6.44B 6.2LB 6.51S 6.28S Zurich 6.52B 6.35B 6.62S 6 45S Twt Mm Singapore 6.40B 6.25B 6.SOS 6.3SS Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.33 words
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Article117 1982-08-18 2 THE US dollar yesterday firmed against all major currencies in active, late trading after a slightly easier outset. Dealers said problems such as East bloc debt difficulties and the Middle East situation are unsettling the market and making the dollar a haven for investment. The factor of lower US117 words
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Page 2 Advertisements
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Advertisement353 1982-08-18 2 li if i!! I t ill a i n i a m .4 i 0 Mi fit e* ••i 1 -1 1 JL > s2 in I A" K*s w Litt-T-EJ !?'ik 0 ia <* A i 1 M Ui Fp it -M 3 >T IJ it<si if *sf Advertising353 words
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Advertisement262 1982-08-18 2 H IC&L Coopers &Lybrand Associates provides a comprehensive range of management consultancy services aimed at helping clients increase the effectiveness and profitability of their organisation. These services include Corporate Development, Organisation Planning, Financial Control and Management Information Systems, Investment Planning and Appraisal, Electronic Data Processing, Executive Selection, Marketing and Economic262 words
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TRADE AND INDUSTRY
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Article, Illustration427 1982-08-18 3 MAYERTRO Industrial Pte Ld has bought new automated equipment for its industrial printed circuit board division, which started trial production last month. The three machines costing more than $750,000 were added to its Pandan Road plant, raising the division's investment in machinery and equipment to $4427 words
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Article460 1982-08-18 3 CONFERENCES Aug 16-20: World Strategic Advertising Congress, Hyatt Regency Hotel, Executive Growth Aug 19-20: Asia-Pacific Conference on Management Services The Key to Higher Productivity, Singapore Professional Centre, Institute of Management Services Aug 19-21: International Electronics Production A Packaging/Semi-conduc-tor '82 Conference, World Trade Centre, Industrial A Science Conference Management460 words
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238 1982-08-18 3 THE Skills Development Fund has agreed to subsidise the preparatory course for the CAM diploma examination in advertising and marketing. Singapore-based employers who financially sponsor their employees to the course will receive grants amounting to 70 per cent of the course fee and238 words
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371 1982-08-18 3 THE UK market for hardwood timber is expected to see a modest increase in demand next year with further improvement in 1984. The demand for plywood and medium density fibreboard is also expected to increase as building and furniture demand picks371 words
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331 1982-08-18 3 THE Singapore spot oil market is likely to remain soft with prices of petroleum products falling, in view of the Indonesian government's impending move to lower its crude oil prices. Traders expect an announcement this week that will see the government selling331 words
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Article81 1982-08-18 3 MARKETING techniques that will help companies ride the worldwide recession will be highlighted at a seminar here next month. The seminar on "Marksmanship in market manoeuvres" will be held on Sep 2 and 3. It is organised by Times Conferences, a member of the Times Organisation. It will be81 words
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390 1982-08-18 3 WONG SOUK YEE - By WONG SOUK YEE A JAPANESE company is investing $3 million in a local plant to manufacture electronic toys far export. Taiyo Kogyo Manufacturing Company Ltd recently set up Taiyo Toy (Singapore) to make radio-control-led cars for export to the US, Japanese and European markets.390 words
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Article259 1982-08-18 3 INTRACO has appointed Tan Peng Construction as the main contractor for its $25 million warehouse project at the junction of Clement' and West Coast Roads. The three-storey warehouse, to be completed within 15 months, will house all types of general and containerised cargo. It will have 14259 words
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Page 3 Advertisements
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Advertisement298 1982-08-18 3 International Electronic Production Conference < inTEßnepcon SEITIKOnDUCTOR inTEßnflTionflL REPUBLIC OF SINGAPORE 19-21 AUGUST 1982 SINGAPORE WORLD TRADE CENTRE Daily: 11 am 6.30 pm Internepcon/Semiconductor international 82 is Southeast Asia's only exhibition providing a total overview of the close interrelationship between circuit packaging design, production and testing equipment the technology required298 words
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Advertisement162 1982-08-18 3 MAGNIFICENT CORPORATE GIFTIDEAS 5r "S V A quality imprint on a quality product. Barlow advertising reminders put your message where it will be seen often, in pocket, purse, office, or home. You can be sure your message will be tastefully reproduced. This is guaranteed by the many industry awards received162 words
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OVERSEAS
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Article602 1982-08-18 4 Reuter HONGKONG'S civil service unions are flexing their muscles in a show of solidarity that a local labour organisation believes could have implications for labour relations in neighbouring China. In protests by Hongkong's growing independent labour movement, five unions took industrial action in July and aReuter - 602 words
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Article124 1982-08-18 4 AP SOUTH KirWt real grws ■atlsasl prsdati grew II pw eeat la the tret mi «ur ter sf «He jew ever a jeer The prsvtateaal flgere (er the Aprli-Jue pertsd campa*" with 4 J per eeat la the tint q darter, Beak e( Kerea repealed eaAP - 124 words
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365 1982-08-18 4 AP THE Chinese army, while by far the world's largest, has such primitive equipment and tactics it is actually less able to win a war than it was 20 years ago. "China's ability to counter a Soviet attack is not impressive," said a study byAP - 365 words
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235 1982-08-18 4 UPI DELIVERY of a shipment of 325 subway cars from a Japanese company to the New York Metropolitan Transportation Authority is expected to begin in December 1983 a full six months ahead of schedule. Arthur Perfall, an MTA spokesman, said on MondayUPI - 235 words
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Article242 1982-08-18 4 UPI PRIME Minister Indira Gandhi of India defeated an opposition no-confidence motion against her by a 327-110 majority and told Parliament that the censure was aimed personally at her. In a spirited defense of her government and policies, Mrs Gandhi said: "When almost all countries, developedUPI - 242 words
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230 1982-08-18 4 AP MORE than 12,000 striking textile workers in Bombay voluntarily placed themselves under arrest on Monday during their day-long "fUI-the-jail" agitation to protest government inaction on their demands. About 250,000 workers of all the GO Bombay textile mills have been on strike since last JanuaryAP - 230 words
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350 1982-08-18 5 AP. A CONFERENCE committee of the US Congress has approved a compromise US$l7B billion Defence Department authorisation bill that gives President Reagan ■early every major weapons 'programme he sought for the upcoming fiscal year. Wrapping up two weeks of Intensive secret bargaining, negotiators for theAP. - 350 words
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Article745 1982-08-18 5 PRESIDENT Reagan has appealed to Americans to support a Mil for a record increase in revenue which he said might be politically unpopular but was needed to reduce high interest and unemployment rates. Seeking to quell a revolt by conservative supporters opposed to higher taxes,745 words
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Article592 1982-08-18 5 AP GENERAL Motors, the largest American car maker, has announced the indefinite layoff of 9,100 of its workers because of poor sales of the company's intermediate, compact and subcompact cars. The company also blamed the cuts in production schedules for the 1983 models on currentAP - 592 words
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199 1982-08-18 5 AP TOYO Kogyo of Japan has reached the one millionth milestone in the production of its front-wheel-drive Mazda GLC car, the first Mazda model to reach that mark. In a statement released in Detroit, the US sales arm of the Japanese carmaker said theAP - 199 words
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WORLD IN BRIEF
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Article464 1982-08-18 5 Agencies. FRENCH seasonally adjusted unemployment rose slightly in July to 2,043,700 from 2,042,300 in June, and compared with 1,849,000 in July 1961, the Labour Ministry said. Unadjusted unemployment rose to 1,896,600 in July from 1,867,100 in June and from 1,680,500 in July last year. SWISS watch aad ehcfcAgencies. - 464 words
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Article195 1982-08-18 5 US HOUSE aad Seaate aegettaters have agreed aa a piu ta eat spcadlag by US$l3.4 Mlllea threagh ISM, calliag far amjsr redaetieas in dairy prlee sapparts aai faed stamps aad a redaeed eaat-eMtvtag laereaae far federal retirees aader age itOther pravMaaa ef the UD would195 words
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328 1982-08-18 5 I he us economy will remain weak in 1983, resulting in lower short and long-term interest rates on top-quality obligations, First Boston Corp's chief economist Albert Wojnilower said. Because of a deterioration in the business outlook, Wojnilower, in a new report, reversed an earlier outlook328 words
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Article215 1982-08-18 5 AMERICANS continue to get poorer, losing spending power in spite of a decreasing inflation rate largely because of factors as diverse as divorce and the baby boom, government analysts said. The influx of women into the American workforce has helped build family income but not enough to overcome215 words
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678 1982-08-18 6 AP RIOT police fired water cannons to disperse about 300 hymn-singing, kneeling Poles gathefed in peaceful protest at the Central Victory Square on Monday, the day underground Solidarity union leaders designated for the start of "exceptionally Visible" demonstrations against martial law. As darknessAP - 678 words
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233 1982-08-18 6 CITIES Service Company has announced that its board of directors had rejected Occidental Petroleum's takeover offer valued at about US$4 billion. In a statement issued in Tulsa, Oklahama, after a special meeting of directors, the company said the Occidental bid did not meet the233 words
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290 1982-08-18 6 AFP THE Hst af West Germsa companies expected Is gs Ht «f b—in*— la the land sf year mayjetal Itjm eeaatry's hest-kaewa maaafaetarers. IV receivership sf the electrical glaat AEG-Tele-faakea Is merely the bmsl spectacslar syaptea af a Hack year far the eeaatiy'sAFP - 290 words
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Article387 1982-08-18 6 Reuter AEG Telefunken AG needs more than two billion marks in new finance to see it through its composition proceedings and on the way to recovery, Supervisory Board chairman Hans Friderichs said. Frideriehs, who is also managing board chairman of Dresdner Bank, said AEG isReuter - 387 words
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473 1982-08-18 6 NYT AN INVESTIGATION of the American Navy's newest and most technically advanced cruiser by the staff of the House Appropriations Committee has found the ship overweight, sluggish and in possible danger of capsizing, according to congressional officials. The Ticonderoga, the first ship ofNYT - 473 words
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333 1982-08-18 6 THE United States should reassess its weapons sales policy to ensure other countries comply with conditions of their use, President Reagan's nominee to bead State Department security assistance programmes said. William Schneider Jr, nominated as Undersecretary of State for security333 words
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Article268 1982-08-18 6 UPI THE Pentagon, on orders from the Reagan administration, has completed a strategic master plan to give the US the capability of winning a long nuclear war with the Soviet Union. The plan, awaiting final presidential approval, marks the first reported time the US GovernmentUPI - 268 words
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299 1982-08-18 6 AN OPPOSITION leader has demanded that West Germany investigate charges the Soviets are using slave labour from concentration camp 6 on the controversial Siberian-West Europe gas pipeline. "The government must make sure it does not come under suspicion of supporting concentration299 words
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218 1982-08-18 6 Reuter UNITED States' support for the Siberian natural gas pipeline to Europe would be interpreted as approval of Soviet repression, a senior Reagan aide said. William Clark, Reagan's national security adviser, criticised opponents of the US position on the proposed pipeline in a speechReuter - 218 words
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Article699 1982-08-18 6 ARRIVALS Service Local Operator Number Tine From PAA PA005 0025 JFK/SPO/HKG AI AI402 0006 BOM MAA SLA SQ10L OBffi KUL CAL CB10 0830 JED/DHA MAS MH601 0920 KUL MAS MH682 0945 KCH RBA BI421 0900 BWN MAS MH671 1020 KUL SLA SQ201 1030 HLP CPA CX710 1035699 words
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Article, Illustration437 1982-08-18 7 AP US SECRETARY of State George Shultz said the US Administration is looking beyond the Beirut siege to an overall solution to the problem of the Palestinian people. Mr Shultz said that his meeting with Republican and Democratic leaders of the Senate were "at the instructionAP - 437 words
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629 1982-08-18 7 NYT TWO years after Algeria abruptly cut off liquefied natural gas deliveries to its major American customer, it is prepared to start shipping again to the US. However, this time Algeria will be selling smaller quantities of gas to a different company and aNYT - 629 words
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Article167 1982-08-18 7 Reuter CHIEF US textile trade negotiator Peter Murphy said that in spite of broad initial differences, he expected China and the US to reach a new bilateral textile agreement by the end of 1982. Speaking after four days of talks with Chinese officials, Murphy said itReuter - 167 words
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Article650 1982-08-18 7 NYT THE US and China have signed a new communique governing both countries' relations with Taiwan. Administration officials say the document should prevent a major rift with Beijing. In the communique, China pledges to seek reunification with Taiwan only by peaceful means, and theNYT - 650 words
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Page 4 Advertisements
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Advertisement88 1982-08-18 4 Put Yourself in a position of power. k PS Hf f •*x' mm <yO iV? Y «i#T{ •VPXI&SWt 39% more brake horse power. 3 litre power to blast you to a 100 in 10.5 seconds, with 2 litre economy to keep you going flat out. Turbo power by Volvo. Most88 words
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Advertisement30 1982-08-18 4 HELICOPTER CHARTER SERVICES Single and twin-engined helicopters available for casual charter in Singapore and Malaysia for passenger transport, aerial photography, aerial construction, casualty evacuation, marine service to vessels at sea.30 words
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Page 5 Advertisements
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Advertisement221 1982-08-18 5 ftn Am Experience Now Flies To More Than Thirty American Cities. Fan Am SPP The USA For As Low As DLRS 599/= n Thr America _;A f F flktf* Flying'Gomfort Begins Now you can en i° y the convenience °f flying t A r ,i n_ a one airline from221 words
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Page 6 Advertisements
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Advertisement42 1982-08-18 6 m V\fe are pleased to announce our Appointment as Approved Passenger bales Agent by VJ» I ATA m TRIDENT TRAVEL PTE.ITD G59-60, 69 70, International Plaza, 10 Anson Road, Singapore 0207. Office Tel: *****77 (8 lines) Cable: TRIAGENT Telex: TRITRA RS *****.42 words
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Page 7 Advertisements
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Advertisement161 1982-08-18 7 > From August 16 to August 1 Fondu >31, savour Le Chalet's fondues 1 cook cube for lunch, at a very special ft price of $18 1 §4 Skewer the pieces of meat or 1 (0f chol seafood and cook them in a 1 fondue pot of boiling oil. Cook161 words
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Advertisement374 1982-08-18 7 $51,170 worth of JgSK unrivalled technology «H|| to thrill, impress and pami^you >« Ml 1 The Saab 900 GLS Four-door Sedan Until you step on that pedal, you'll never know the thrill of having 40 years of aeronautics at your complete command. The same aeronautics that has given the world374 words
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Article497 1982-08-18 8 THE CONSUMERS' Association of Singapore does a valuable job, not least for the business community, which keeps in touch with the sharp end through numerous channels, including newspapers such as the one Case produces. If Case as it did invites business sponsorship for that newspaper, Consumer,497 words
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Article, Illustration908 1982-08-18 8 ANNE-MARIE SCHIRO - Computers have become part of the secretary-boss relationship By ANNE-MARIE SCHIRO NYT AS EVERY business executive knows, there are secretaries and there are secretaries. Some answer the telephone, file, take dictation and type letters. Others do all those things and more, handling a certainNYT - 908 words
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Page 8 Advertisements
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Advertisement87 1982-08-18 8 Expanding your company s horizon doesnt mean you have to Expanding your company's horizon today is easy just take a look at a new financial plan from Armco Pacific. Armco offers a comprehensive range of innovative and flexible financial plans up tremendous your company is ARMCO and where it m87 words
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Page 8 Miscellaneous
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Miscellaneous947 1982-08-18 8 iTivr&vtMiyo SINGAPORE 5 Dhana THE Natteaal Day Rally speech by the Mlaister far Pwdp Affair* and Caltare, Mr 8 Dhaaahalaa, will be teleeaat ea Channel i at ILUpm. This will take the place af the Mfaaee decameatary series \»vm. Mmgmam, whleh was erlglaally slatted at B.Mpm, will he sereeaed after947 words
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Article, Illustration1401 1982-08-18 9 SIOW LI SEN - Dataprep Singapore, a local pioneer in mini-compiiters, has been given a lilt after a dozen years of struggle: Transmarco has taken a 49 per cent stake in it and brought in new management and capital. SIOW LI SEN talks to Dataprep's new deputy chairman, Michael1,401 words
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Page 9 Advertisements
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Advertisement109 1982-08-18 9 TOKYO "■M W i I ■E KmSm Cathay fly there daily via Hong Kong Our 747s depart at 11.30 am, arrive Hong Kong at 3.10 pm and Tokyo at 9.15 pm. Plus more daily flights on SuperTri Stars departing Hong Kong at 10.00 am and 3.50 pm via Taipei, arriving109 words
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Page 9 Miscellaneous
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Miscellaneous597 1982-08-18 9 TWO-IM-CRYPTIC PUZZLE ACROSS 3 Societies of strikers? (5) 8 Wogan's vehicle? (5) 10 Lists of tilings to eat? (5) 11 As worn in an estaminet? 12 4Jke injuries due to a flat ■being wrecked? (5) 13 Give up hope of getting praised (7) 15 Grace Darling's wood (5) 18 Party597 words
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Article, Illustration1782 1982-08-18 10 QUENTIN PEEL - Donors and beneficiaries of western aid to the Sahel face some daunting problems. Major donors complain that inappropriate domestic policies undermine aid spending, while receiving governments say the donors' ill-designed projects rely too heavily on imported technology and equipment. By QUENTIN PEEL FTFT - 1,782 words
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Page 10 Advertisements
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Advertisement240 1982-08-18 10 m MMS* a ■EE 9 jfc luiiw" pa 2 u it* <t\ 1 s 1 J St s :\i>: H 3 s M v* K m 51V ft (Sv Q 'It VTT'V (5 11 slU> il m m r i S rs «»>* /> W! S&7IS IS! w m E240 words
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Advertisement275 1982-08-18 10 GOVERNMENT OF BRUNEI Tender is invited by Chairman of Tenders Board with address at Brunei Treasury Office, Ground Floor, Government Secretariat Building, Bandar Seri Begawan, from class AX and specialist contracts up to Monday dated 20 September 1982 at 12.00 noon for construction project mentioned below: > < 1. DESIGN,275 words
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912 1982-08-18 11 DAVID MARSH - The third largest bank in France is anxious to escape from the claustrophobic atmosphere at home to breathe the freer air of overseas markets, reports DAVID MARSH DAVID MARSH FT SOCIETE Generale, third largest of the French nationalised banks and traditionally theFT - 912 words
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Article, Illustration1870 1982-08-18 11 RAY DAFTER, PAUL BETTS - Belt-tightening and rationalisation are the new watchwords of the world's biggest oil companies, report RAY DAFTER from London and PAUL BETTS from New York. RAY DAFTER, PAUL BETTS FT THEY have cut back on first class travel at Exxon, the world'sFT - 1,870 words
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Page 11 Advertisements
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Advertisement234 1982-08-18 11 a-Misiwdii ,*s. >< JK s-v Laundry is one of those vital everyday needs that just can't wait. Or be late. And,no one knows that better than the major deaners for hotels, California Modern Laundry. Those who service visitors f who are here today and BL— Lszj gone tomorrow have im-+234 words
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Page 12 Advertisements
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Advertisement278 1982-08-18 12 Where to wine, dine and entertain with the American Express Card Ddoffr Buffet Diwr Our buffet dinner special for those who hue the perennial local favourites. BrnHet from 6.30*01 10 30pm Coleslaw Salad Chicken Rice Mee Siam Xiabng Niangdoufu Singapore Rojak Sticky Rice Fresh Fruits Red Bean Soup LUflft gQfyg278 words
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Advertisement204 1982-08-18 12 hor banquets, lor coneentuins. lor other (mictions of flawless finesse Functions for up to 280 guests International menus to choose from Complete range of audio visual equipment Ample parking space il jk /c A 4 V C I 'ni'k Hlh-I'IHI n>» S>iM Nass'm Hill, Singapore 1025, Te! *****77 Operated by204 words
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Advertisement106 1982-08-18 12 vS 4 JSF.»V&\. y iwif L'escargot. Restaurant extraordinaire. (Our menu is a gourmd's del^hl) OOEROI IMPERIAL SINGAPORE V S 1 JALAN RUMBIA SINGAPORE 09?J TELEPHONE NO /J/lbfcfc Own** Company Mind Hotels Inter rubonil Lid An offering of the finest In Chinese and Seafood cuisine amid a setting of sheer splendour106 words
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Advertisement142 1982-08-18 12 Sip an exotic cocktail under the stars. m Exotic tropical cocktails. Foodstalls serving delightful food from East and West. Tony Goh serenades most nights. And movies at 8.15pm on Sunday. > The Tradewinds. f jjffi At the Hilton. A great place to be. fKe a tva y~- > rvdlic c^u142 words
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Advertisement151 1982-08-18 12 1 Whatever your taste, the Cockpit Hotel makes it great Siamese Seafood Restaurant The Siamese Seafood Restaurant is as good as Bangkok! m Victoria Bar The Coffee-House Relax in an atmosphere of For informal meals and elegant days gone by. light-hearted snacks a lulhlii ymw Penang Road, Singapore 0923 Tel:151 words
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RAW MATERIALS
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Article158 1982-08-18 13 prisM -f» 1« kg jMtarfey. < A Bulk fob *81.00 old drum (in second •tend drum) fob »3.00 sellers, dram fob 9f7.00 sellers. O«0apm: Mixed (loose) (40.00 »T»fps: Muotok white pep(ob Acts NLW 1310.00 sellSarawak white peppsr taq NLW $306.00 sellers, Sara'*««k special black pepper fob -fILW 1230.00158 words
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Article189 1982-08-18 13 rjARN and cotton prices jwere quoted as follows in jEfcmgkong yesterday. J*' (In HK dollars, «pot ex-go-yan: China Blue •Aoenlz 20s 2.450 32b 3,136, 40s «U9O (per bale ot 400 lbs). gsads: China Butlarfly and Globe brand unq; Head unq; Five Lambs «aq; Flower and Butterfly 3mq; Flying Geese189 words
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Article305 1982-08-18 13 jINGAPOBE: Yesterday's posing prices in S$ per kilo, jgJ-godown: WHITE: 100 per cent Jtat class (Kangaroo) new A>p 1.00. 100 per cent second 4c£ss 0.80, 100 per cent third Vbi 0.75, 25 per cent new crop stock, B-10 per cent 0.73. -THAI BROKEN: A-super 0.58. Special 0.55. THAI RICE:305 words
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Article322 1982-08-18 13 RUBBER prices in Singapore yesterday closed quietly steady with September One RSS buyers quoted at 179.50 cent a kilo, unchanged from Monday night's close, dealers said. Morning prices were marked down slightly on lower London advices and turned uncertain in subsequent trading before recovering marginally towards the morning's close322 words
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Article316 1982-08-18 13 prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt t.o.b. 180.75 181.75N 180 JO 181.50N Int. 1 R.S.S. September 179.50 180.00 179.50 180.00 180.50 Int. 1 R.S.S. October 180.25 180.75 180.00 Int. 2 R.S.S. 171.50 173.50N 171.50316 words
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Article108 1982-08-18 13 NOON SSR and SMR p 1 s RA8 Septal ■bar October (Carrai Bayer* it Mtk) (Forward Mtb) Seller* Bayer* Seller* SSR 20 (1-ton pallet) ***** 101.00N ***** 162.00N SSR 50 (1-ton pallet) 157.50 158. SON 15&50 150.50N MltLB 8«pt«nby October SMR CV 11-ton pallet! pallet) 1*7.50 199108 words
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Article30 1982-08-18 13 Rubber: Aug 17 Singapore: Sept: 179.50 cents (unchanged) Malaysia: Sept: 198.50 cents (down 1.50 cents) Tin: M 529.15 per kilo (unchanged) Official offering: 275 tonnes (down 75 tonnes)30 words
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Article57 1982-08-18 13 THE STRAITS TIN price in Penang yesterday continued to hold at Ms2t.ls s kilo, the ITA floor level, dealers mid. Conditions were uchanged with the buffer stock manager maintaining snpport at this "must boy" level. Foreign interest was absent. Turnover dropped to 275 tonnes from SSI on Monday57 words
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Article951 1982-08-18 13 COTITSE: Robusta futures ended the morning steadier, between £20 and £1 a tonne above Monday's close in traded positions. Dealers said nearby positions traded narrowly following the opening call, when trade house-led buying lifted values by between £10 and £20. However, more distant contracts eased by £5 to951 words
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Article228 1982-08-18 13 WHEAT futures in Chicago on Monday closed on or near the lows in moderate trade, off seven to 5Vi UScents a bushel, with December posting a 12 cent range. Weakness in corn steadily pressured wheat values after they opened higher in sympathy with strength in financial instruments and precious228 words
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Article205 1982-08-18 13 SOYBEAN futures in Chicago on Monday set new contract lows, closing down 9V< to 18 US-cents a bushel in moderate trade, with November posting at 16 3 cent range. The outlook for generally good growing conditions and a record US crop added to the negative sentiment generated by the205 words
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Article113 1982-08-18 13 THE Kuala Lumpur crude palm oil market yesterday closed slightly higher on further covering in quiet trading, dealers said. In August central and south rose M 57.50 and $2.50 respectively to $682.50 a tonne while September in the central was traded unchanged at $682.50. The refined market remained113 words
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INTERNATIONAL STOCKS
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Article101 1982-08-18 13 ADO 10 Pis ABM IIMU moo ♦1 fU Akan 1 AMXV 17 JO ■melt mm -oj n»tf ttM -oj SOJO ♦•J Caland MM u «J0 •u 1»B MM MM ♦OJ >u ♦CI OMbroc Ootoaln HSSET MM MM MM -0.1 il ♦M 144* UO SI JO 16J0 +0-1 -Oil -OJ101 words
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Article107 1982-08-18 13 ATOM i fir mini riiiiwn Tmnca m >1 Brown DomS bt. CUm (Mo Br. ClbaOatorPC CltlMBla i. Cradlt BwMaBr —rimi miiMi nn itttranttBr. OMTfi Ftaehar Br CHotKM PC Ham Br Hoffman L* RoeMl/ll HoMattaoft Br InUrtood Br Jaimoil Br ItaMlt' Naatla Rat. OarUkon Buabrla Br SapdoaBr. ua isi -4107 words
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Article43 1982-08-18 13 AUO 1* D Aaf-Tttofonkan J BAST B 17* -LI lO* sr WW I«1 JunMfOnt HWB2ontt Oumml JLN UDCb 3tfHMi DMM tU UDCb Hotffh Elorten imp Vr rvr -U LlDdt "T" 5 tU uocb Ptmmi nut QUI -1 -CI uuo LTTJi ♦M -t-S43 words
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Article126 1982-08-18 13 ADO 10 INDU8TRI Itaod AL8 4MB hvfeisa——i rn m Butom CHA MM unr h mi MO uncb ktiuesa I PM Vott rut* m 430 uncb Loorbo VTA tM uncb 3MB docb M And R MO M uncb 1M0 uncb MM m uncb PTHB MU Plot— MM +M MO -H126 words
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Article862 1982-08-18 13 WALL Street stocks on Monday closed higher, buoyed by Occidental Petroleum Corp's offer for Cities Service Co and the prospect of lower interest rates. The Dow Jones industrial average, which earlier had climbed as much as 13 points to break the 800 mark, gave up most of the862 words
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Article96 1982-08-18 13 ado M c. AHW MM lace MM Ak*f> OH men lat Pro* Pip* ISM Alfaa* M tot OU 1»* -JJ Bank Moot ITU InU McW Bant Now Bcotta m 4« faRUi M BaUTtf JT* LoMkw B T* VCULH D« Uaarf«1 "J* ■rami 5« m Mc Mil W» CupMUto 1M96 words
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Page 13 Advertisements
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Advertisement76 1982-08-18 13 •s ►a» v.« Where taste still matters. The elegant restaurant in the t- heart of the financial district serves cuisine franqaise exclusively. jFor Luncheon, from 12 noon 'till 2.30 pm and for Dinner, from 7 pm'till 11pm. For Reservations, telephone *****66. On the sth Floor of The Octagon, 105 Cecil76 words
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Advertisement96 1982-08-18 13 You can bet... Every race is a winner at r* r\ y e > r I iThe Stables Tote RACE 1 LUNCH Executive Businessmen's Lunch RACE 2 DINNER Our specialty: US Prime Rib of Beet Successful businessmen and people with good taste lunch, dine and entertain at The Stables, of96 words
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2188 1982-08-18 14 BID and offer prices officially listed aad hwinei in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Acs* (2.588)2,188 words
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Article196 1982-08-18 14 SINGAPORE UNTTntUR DIAMOND MG1 r STOKE (Maaagers' prices tm Aag IS) (Maaagers' prices a i i The Commerce 2.48 258 (July) Aug The Savings Fund 135 142 Diamond S pore Prog Fund 1.U 1.1C Spore Fd (US$) 0.53 0.57 S pore Sec. Fund ICO l.ttHl SS 1.13 125196 words
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Article2901 1982-08-18 14 Gr'. (jr'g Net 1982 Last Div Div Yld P/E Vol Day High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 350 247 Ac ma 266 21.7 0.8 8.1 25.8 Alcom 115 3.7 0.5 33 95.8 233 132 Allied Choc 135 unch 7.0 2.62,901 words
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Article1730 1982-08-18 14 BID and otter prices officially luted 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. INDUSTRIALS Arm» (3.005) AJtainH (3.006) Aleaai (1 068 I OCS) (11) 1.051,730 words
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Article932 1982-08-18 14 BUYEKS, «hi made a brief appearance «a Maaday nwniag Mm (Mag la Ike face af charglag bean, returned ta toe Siagapore stock market yesterday. As a resalt, receatiy-de-pressed blae chips la toe ladastrial, fiaaaelal aad p»aput> seeiars mastly eaded with slagie-dlglt galas, altoaagk same932 words
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Article488 1982-08-18 14 BETTER trading conditions in the afternoon session took shares higher on the Kuala Lumpur stock market yesterday with prices closing at their peak levels. The turnaround in sentiment put back 14.10 points to the recently battered New Straits Times Industrial Index at 715.40. The Business488 words
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COMPANY NEWS
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740 1982-08-18 15 AT A TIME when some analysts are looking for a stock market recovery in the US, Mitchell Company believes the market will drop to a much lower level. In a sense this prediction is not new. Donald Mitchell, managing director of the Cambridge,740 words
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148 1982-08-18 15 AUSTRALIAN National Industries Ltd (ANI) plans to raise A 559.70 million through a one-for-two renounceable rights issue at $1.60 per share. It will shortly announce 1981/82 earnings some 25 per cent above the $23.49 million net profit for the 1980/81 year ended June 30148 words
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468 1982-08-18 15 THE Associated Pan Malaysia Cement (APMC) is confident of achieving its objective of becoming the leader in all aspects of the Malaysian cement industry with an international reputation. This objective could be achieved in the next five to 10 years as a result468 words
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Article930 1982-08-18 15 TWENTY years ago, virtually every major rubber company in the United States manufactured bicycle tyres and tubes. Today, the field has been reduced to one, the Carlisle Tire and Rubber Co, and it is struggling. The main reason for the dramatic change is tough930 words
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Article147 1982-08-18 15 UNITED lai—trial Ctrpm> ttaa has appointed Mr Feng Chuan Chia as acting managing director with effect from July 14 during the absence of Mr Oei Hong Leong NANYANG Siaag Pan fBagapam Ltd said its transfer books and register of members will be closed from Sep 9 to 18147 words
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Article466 1982-08-18 15 Cerreat Ex Beaks Date Ttfalfer TetaJ far Payamt Date Cleee PayaMe Ike year Previaa* year ABN 13%I NY A NYA Aug 27 13% 26% API 3%TE(b) Jul 13 Jul 26 Aug 26 3%TE 1.7% TE Akmm 2*%I Sep 21 Oct 2 Oct 15 2Vi% 3.7%(a) Alex HMga 6%(b)466 words
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Article196 1982-08-18 15 Csmpasy Pvtfealtn Ex Date Basks Clsse API Proposed bonus issue oT 1 for 3 NYA NYA BakH Kattl Proposed bonus issue of 2 for 1 NYA NYA FMGakfas Proposed rights issue of 1 for 3 11.15 per share NYA NYA O Limber Proposed rights issue of 3 for196 words
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ASIAN STOCKS
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Article403 1982-08-18 15 THE market's pre-budget quietness yesterday ended with the All Ordinaries index 0.3 points off at 460.8. Leading mine's were narrowly mixed with Mini up three cents at A 52.88, WMC down two cents to $3.03, EZ Industries five cents weaker at $3.70 and CRA steady at 13.18. BHP fell403 words
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Article108 1982-08-18 15 STOCKS yesterday closed mixed with turnover down slightly at 2.2 million pesos from Monday's 2.44 million. Commercials and industrials were down 0.87 at 86.94, and mining was down 3.0 at 873.97. nuvi if 1 Ir i. i giCS ojom KM UDCfa uncb 1 r OLOH 30 +um 0J5 +«li108 words
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Article420 1982-08-18 15 HONGKONG STOCKS yesterday finned sharply in afternoon trading and the Hang Seng index ended 41.38 up at 978.66, after being 31.98 down at mid-morning, brokers said. They noted fresh buying by small investors with confidence boosted by news of a proposed visit to the Guangdong province of420 words
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Article262 1982-08-18 15 SHARE prices yesterday tumbled to a new two-year low on sustained selling pressure stemming from the yen's latest slide against the dollar. The average lost 74.87 to close at 6,864.56, its lowest level since August 19, 1980. 3 -3 2 Aa Ba Bn kbioiui262 words
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Article56 1982-08-18 15 ado 17 BafcU ewOwnt tm uocli 81am city Th.1 OMMM IK J iTS™ZZI= I iucim iSSTaW. ®o»uiMinta FZrtZzjr naicoaMRki H4 +i BWU m 53« ;5SUsr- 4 ff r —y T -mm +4 nrntem ThaJIMMUiaJ fwtwh a +CT5 .P*"*. 1 u 2SSSLnnar—-- SIS u la* Vt jMdrn 11» 1? Union56 words
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Page 15 Advertisements
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Advertisement186 1982-08-18 15 AHI LOW Suite 2110,215t Floor, Shaw Centre, 1 Scotts Road, Singapore 0922. Tel: *****Q9 AHI-LOW is an associate of P-E International Operations, a member of the P-E Consulting Group. We have been retained by our client, a Merchant Bank, subsidiary of a leading European Bank to invite applications for the186 words
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Advertisement61 1982-08-18 15 SIN CHEW JIT POH (SINGAPORE) LIMITED (Incorporated in the Republic of Singapore) 1982 INTERIM RESULTS Johnny Loh Associates Real Estate Development Consultants Valuers Estate Agents Auctioneers are pleased to announce that Sallyann Loh B.Sc(EstMgt) will be joining the company with effect from 16 th /Jwgust 1982. Johnny Loh Associates Suite61 words
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Chief Price Changes
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Article149 1982-08-18 16 Rises Indices Mti HMfi C Sugars 8y» Rtilu Troaoh Miaes DBS Hoa« Lcoi( lad Liea Ho* OCBC 8pora Land Straita Tradiag FAN Geatiac* 111 800 350 825 670 430 400 005 570 400 480 282 +«1 80 36 35 20 20 18 15 15 14 12 12 BT Indicator:149 words
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Article, Illustration158 1982-08-18 16 A STEADY return of baying interest, especially in the afternoon, lifted share prices higher en the Stech Exchange of Singapore yesterday. The Straits Times Industrial Index rebounded slightly to finish 4.58 points better to 5*1.15 while the Business Times Indicator of the day's 19 most active counters gained158 words
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Article48 1982-08-18 16 FINANCIAL TIMES Tuesday 978.66 INDUSTRIALS Monday 937.28 Week Ago 1074.14 Monday MS« Friday 544.9 AUSTRALIAN Week Ago 540.4 INDUSTRIALS DOW JONES AVERAGE Tuesday 607.4 INDUSTRIALS Monday 606.7 Week Ago 619.0 Monday 792.43 Friday 788.05 ALL ORDINARIES Week Ago 780.35 H.K.HANG SENG Monday 461.1 Week Ago 467.248 words
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Article, Illustration459 1982-08-18 16 SHAREHOLDERS of Na nyang Siang Pau and Sin Chew Jit Poh have shown themselves to be indifferent to the merger of the two companies, going by the poor attendance and low votes at their respective court meetings in Mandarin Hotel yesterday. At the Nanyang meeting459 words
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Article266 1982-08-18 16 POSTING results for the last time as an independent entity, Sin Chew Jit Poh yesterday announced a drop in earnings for the first six months of this year. At group level, pre-tax profit was down a steep 52.5 per cent to $1.52 million, mainly because266 words
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Article155 1982-08-18 16 A LOCAL stock broking firm, Lee A Co, was broken into on Monday night. A director of the firm said "nothing much" was taken. A company source said the main door of the office on the third floor of Nedlloyd House was not damaged and that155 words
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Article716 1982-08-18 16 EQUITIES and government bonds moved higher in the afternoon yesterday, reflecting the firmer opening on New York markets. At 3 pm the FT index was up 4.5 at 550.3 after 547.1 at 1400. Prices looked set to improve further in after hours business following news Barclays had lowered716 words
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Article76 1982-08-18 16 THE New York stock market opened sharply higher yesterday u interest rates continued to tumble. The Dow Jones average of 30 industrial stocks surged up 9.32 points to 801.75 in the first half hour, with more than two stocks rising in price for every one that76 words
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277 1982-08-18 16 TBUE to market specmtottoa, Liea Hm tatotriM yesterday ■—aarnl that It wUI sett tto SI per eeat (SMI) Cempaay 84a Bh4 for M$l6J milltoa each. Ilea Hee said the 4.13 milltoa shares will be mM at $4 each. The sale Is277 words
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Article48 1982-08-18 16 PALM CO Holdings Bhd, in reply to a query from the Kuala Lumpur Stock Exchange, said the consideration of 33.25 million baht for its purchase of Continental Illinois of Thailand Ltd will be paid in cash. The acquisition is not subject to shareholders' approval.48 words
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Article650 1982-08-18 16 CHRIS LIM - By CHRIS LIM UNITED Pulp Paper, which suffered a pre-tax loss of 13.35 million lakt year and another loss of 11.72 million for the first half of this year, is diversifying into properties through acquisitions worth a total of $47.8 million. The paper products manufacturer has650 words
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Article287 1982-08-18 16 Cempaay Date Last Poll Year Pertod Aoituced Net EPS Grew Pre-tax last year (cents) Dlv. Preflt M Resources v < > <$1«) I 1/7 273L G Lumber I 8/7 787L Kings I 14/7 7.8 7.5(b) 6,392 C Sugars I 15/7 125.7 15.0 33,303 M U I I 15/7287 words
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Page 16 Advertisements
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Advertisement71 1982-08-18 16 Features: Adjustable 4mm 50mm thickness Ease A simplicity in operation Up to 300 mm spin* length Compact A portable Plus a wide choice of cover sets and strip DATAQUIP (S) PTE LTD 506 Delta House 2 Alexondra Road (0315) Tel: 272-6512/6514/6515 1 W PRIME GROUNDFLOOR SPACE AT UIC BUILDING 17,00071 words
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Advertisement189 1982-08-18 16 Anyone who knows lift trucks knows you can't do better than Hyster. Hyster has a reputation for quality, durability, performance and features. And when benefits like that are engineered into a lift truck, it's likely to be a bit more expensive. Until now. Now there is a new 2 to189 words
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Page 16 Miscellaneous
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Miscellaneous96 1982-08-18 16 OCCASIONAL showers with thunder on most days expected for the next fortnight. These showers could be widespread and accompanied by occasional strong winds in the late night and early morning for two or three days. OUTLOOK for Singapore today: Partly cloudy with showers expected in late morning and afternoon. Beport96 words
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SHIPPING TIMES
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213 1982-08-18 17 THE United Nations Code of Conduct for Liner Conferences will result in the reduction of competition among steamship lines, and thus increase freight rates, according to a study conducted by EG Frankel Inc of Boston for the US Federal Maritime Commission. The study noted213 words
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Article, Illustration491 1982-08-18 17 G DURAIRAJ - By G DURAIRAJ PORT officials from the Asean countries will be presenting various papers on their respective ports later this year when the Asean Port Authorities Association (APAA) holds its eighth annual meeting. The Kuala Lumpur meeting, to be held from Nov 8-11, will491 words
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PORTSIDES
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Article80 1982-08-18 17 Reuter INDIA and Argentina will explore the possibilities of introducing a direct shipping service between the two countries, an official spokesman said. The decision followed talks between Argentine Vice-Minister for International Economic Relations Felix Alberto Pena and Indian External Affairs Secretary Romesh Bhandari. A team of ArgentineReuter - 80 words
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Article76 1982-08-18 17 Reuter SHIPPING using the Port of Melbourne was disrupted over the weekend by a dispute involving marine pilots, a port authority spokesman said. The disruption is likely to continue this week while the pilots work a seven-hour day -from Monday to Friday instead of the normal 24 hoursReuter - 76 words
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Article65 1982-08-18 17 AFP TWO major Japanese trading firms said yesterday they have contracted to export a total of 42 ships worth about US$6B.7 million to Paraguay's state-run mercantile firm, Flota Mercante Del Estado. The ships, to be exported by KanematsuGosho, Ltd and Toyo Menka Kaisha, Ltd, will includeAFP - 65 words
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Article750 1982-08-18 17 Mpfhg UM PM* Cat Achlpetefo °*ft VTD l AIM vm l AUtrans vn 4 Alfred CT VI 1 Alpac VI Aniouvf V I Anbatng X I Antara Shpg z 1 APCLine IX 1 APL m 4/5 Argentine IV 4 A9CL m 1 ASLCoot IV 4 AaU Merchant750 words
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599 1982-08-18 18 A FLEET of 9even vessels, mainly tankers, is threatened with being struck off the Liberian registry following allegations of unsafe operation. The Liberian Bureau of Maritime Affairs office in New York said the ships are all managed by Okeanis of London. The599 words
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Article653 1982-08-18 18 AFP THE summer depression on the freight market continued last week, although there were signs of rates reaching their bottom. After a quiet start, there was a mid-week revival in enquiry to lift United States grain to Japan. Time-chartering activity improved gradually, but interest was slacked beforeAFP - 653 words
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Article204 1982-08-18 18 AP CHINA has built or expanded 11 berths in the last two years, boosting the annual cargo handling capacity of its major ports by 6.36 million tonnes, the Worker's Daily reported. The trade union newspaper said China's sea ports now handle more than 200 million tonnesAP - 204 words
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Article1718 1982-08-18 18 CHARTERING on Monday in all sectors of the freight market very light and at low rates. Grain bookings included cover for a prompt cargo of 10,200 tonnes of bagged wheat from Antwerp to Dammam at US$25 and 14,000 long tons of heavy grain for August from the US1,718 words
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140 1982-08-18 18 Reuter AN Indonesian shipping executive went on trial on corruption charges involving the sale of an interisland ferry to Indonesia which caught fire and sank last year killing more than 600 people. Mr Lie Kuan Lkmg, 55, president of the Hongkongbased Komodo MarineReuter - 140 words
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Article213 1982-08-18 19 1 THE MAJOR shipping consortia operating between the Far East/Europe, Far East fersian Gulf, Straits ports/Australia, Straits/ Japan and the member lines: ACE (FAB EABT/EUBOPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANBO (STRAITS/AUSTRALIA): Australian National Line. Australia213 words
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437 1982-08-18 19 INTERNATIONAL pressure on South Korea to curb its ambitious shipbuilding growth plans is being stepped up. The efforts are likely to culminate in an unofficial meeting between representatives from the four major firms in South Korea and the Organisation for Economic Cooperation437 words
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571 1982-08-18 19 AFP A NORWEGIAN supertanker, the 219,000-ton Hadrian, is on its way to Iran's Kharg Island oil terminal in spite of Iraq's threat that tankers approaching Kharg will be bombed. The Hadrian, owned by the Recksten Company, has contracted to pick upAFP - 571 words
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Article66 1982-08-18 19 Reuter srae THE Australian Waterside Workers' Federation has placed a national ban on handling Israeli shipping in protest against the Israeli invasion of Lebanon, union organiser Tas Bull said. The ban, effective from yesterday, was supported by other waterside unions including the Firemen and DeckhandsReuter - 66 words
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4428 1982-08-18 24 BCHEDHLE A guide to ships loading at Singapore lor ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of4,428 words
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Article744 1982-08-18 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Location Kota Suria Ever Promoter Arnold Maersk Bremen Express Jayakarta Family Ace Bunga Penaga Takarl II Jenhol Coronla Hakata Maru SS Bridge Monte Emerald Advara Jebel744 words
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Article1790 1982-08-18 25 The leading shipping lines operating from local ports and their agents. A B AcMpeAece ShM SinnDorf Shoe Corporatioo (S) Euro-Asia Line (PN/KL/PK). CMbw Continenul Feeders (S), Cargo Freight (PK) AFKA Singapore Shipping Corporation (S) Euro-Asia Line (PK/PN) Abi Um Tranegroup Pte Ltd (S). AJ NarigAOM Frata1,790 words
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Article, Illustration264 1982-08-18 26 FAR East-Levingston Shipbuilding has delivered another jack-op rig ahead of schedule, this time to Pool Company of the US. Christened the Pool Arabia Rigs 145, it is designed to operate in water depths of up to 45.7 metres. It has a triangular hull measuring264 words
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Article483 1982-08-18 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Altair 27/8 Cr Marine alongside 18.8.82/2300 Bunga Blnd&ng 45A Leo Shpg alongside 18.8.82/1500 Far East Pilot 18 Sin Chlao alongside 18.8.82/2300 Kim Soon LI 22 Thong Soon alongside 18.8.82/0700 Kota Murnl 10/11 PIL alongside 18.8.82/0600 Perils 21E483 words
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Page 17 Advertisements
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Advertisement604 1982-08-18 17 Everett Lines Everett Steamship Corpn. S/A Ctitfacd Centre infapore 1 TH ***** 9 36. Beach Street. Pew* Rm 36 103 OCBC Btd« TH *****/3 Port K4m| Aprils Harrisons ft Croshetd Tet: *****1/4 ma. .1 \RPINI \NT \H FULLY CONTAMERISED FROM EUROPE PK*»g S port I H.K«ng IM 21/8 22/8 26/8604 words
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Advertisement327 1982-08-18 17 1 1 U I UASC UNITED ARAB SHIPPING CO SAG) EXPRESS MULTI-PURPOSE SERVICES BM KHALLKAN V 45 Kuwait (28/9), Dammam (30/9) Abu Dhabi (2/10), Dubai (4/10), EULLY CONTAINERISED SERVICE E •fBEL AU V.24 (•Closing Times. FCI 19/8 2359 HRS I La 19/8 1159 HRS MAttX ACE V.l ADMNYAH V.23 I327 words
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Advertisement18 1982-08-18 17 LONDON Freights WEEKLY Freights CONSORTIA SHIPPING Schedule CONTAINER Schedules WHO Acts for Whom SHIPB In Port REGIONAL Weather18 words
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Advertisement924 1982-08-18 17 I The Straits Companies Timpc Artivitips w Ke,(SnMjWRI!CTOEY Agencies j Singapore (Buku Merah) MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC. EAST CANADA, ASIAN PORTS Vessel SaM Sated LEU MAERSK* 24/8 MAEKSX RANDO 22-23/1 24-25/8 DMGOER MAERSK 31/t MAERSK TOW 28-29/1 30-31/8 LEISE MAERSK 7/9 MAERSK TQTO924 words
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Page 18 Advertisements
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Advertisement618 1982-08-18 18 FAR EAST/EUROPE CONTAINER SERVICE 8/9 13/9 14/9 16/9 B SUB* Sated Sated 15/9 20/9 21/9 23/9 K DCLfT Sailed Sarfed 22/9 27/9 28/9 30/9 SOAWtt Sated Sated 29/9 4/10 5/10 7/10 HOC** Sated Sated 6/10 11/10 12/10 14/10 KCBYSTAI 20/8 22/8 13/10 18/10 19/10 21/10 TOYAMA 27/8 29/8 From Europe618 words
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Advertisement300 1982-08-18 18 Y.S. LINE yAmashita-shinnihon line CONTAINER SERVICES USA/CANADA fmtm FaiOi Act Pacific South Woot Pacific North WMt Atlantic/Canada kmw m u/ia ow immivsi sem voi no imw *si m .V Line, ltd. CONTAINER SERVICE TO/FROM JAPAN 4 TAIWAN FMRTKt GUXYMX AGENTS: SUNSHIP AGENCIES PTE LTD Main Office *****22 (5 linaa) CFS/Tarminal300 words
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Page 19 Advertisements
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Advertisement728 1982-08-18 19 OCI Overseas Containers Limited The Straits Steamship Group a STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT V 11/1 21/1 •3/9 11/9 l«/» 21/9 M/ll 11/11 21/11 25/10 PJdoog Wt •s/9 13/1 »/9 21/9 M/ll IS/II 23/11 21/11 1/1 17/9 a/9 M/H 9/1$728 words
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Advertisement587 1982-08-18 19 NOTICE 4 TOKO LINE m.». YASI l RASAN MAKI V-J MTri: IM Aagast, ffi Consignees of all damaged cargoes e* the above captioned vessel are notified that the General Survey will be held on 19th August, 82 at Jurong Port, Godown No. 1 from 10 00 am to 1.00 pm587 words
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Page 20 Advertisements
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Advertisement585 1982-08-18 20 TO r.ONTM N F(PORTS Spore fUM| S'lM Kim mwMM/ leHovre 11/ l 20/t i a/i 3/1 5/1 11/1 13/9 18/9 a/1 */i a/i 7/1 1/1 n/» 12/1 m/i 15/1 17/1 11/1 21/1 22/1 23/1 25/1 27/1 »/l 31/1 1/10 3/10 5/10 t/10 |/10 7/10 1/10 11/10 12/10 14/10 la/io a/io585 words
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Advertisement559 1982-08-18 20 11 M* tun* ihiwk cmmurimi coNwmonAi soma u/tnm mum mm r. mini HUMS I HTM 17W/188E (I Port 2*27 A- »»A« I 30/31 fa|2itfCtf KM 177*/17* 21 73 St* ?4 76 Serf 7»n Aa( 1? S«pt Mm 9 S«f( 27 21 St* 8 Oct FUIY CONTAfERBED TO/FROM NOtTN I K.MNB559 words
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Advertisement378 1982-08-18 20 ©EVERGREEN LINE FAR EAST/EUROPE CONTAINFR SERVICE < ncarnm Fa ft la cango m m 181 iy* nn «1M Ufl 14/1 1V» (>•»*. 27/1 1V» I?/» 11/1 71/? 22/1 Em lirj, VI 4/1 14/1 25/1 27/1 21/1 1/11 2/11 ttctfms i a/fa t rayra m WnaMK. MMB CORMMOL tU STOOMOUL KIOTO.378 words
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Advertisement971 1982-08-18 20 9 IMA Burim Fhrt Star Stripping Corpn. J 5 JBk "BURMESE NATIONAL LINE" j 1 LOADING FOR RANGOON 9 S>aw '•"■I ta| i K KM wis >m j 20 WMtHMffl mi W/U A* K TIMS-SIB MM/lIN V PKM n/Titm B F SS C Aoenn m Matayua BOOST! aD SUPPING K971 words
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Advertisement361 1982-08-18 20 SI NOSE MARITIME PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE OCEAN TREASURE ALDEBA PAZ ESTRELLA MAT SKY MYAQ MAM TAtSHOMARU SMO9 MMBTM PIE LID TO. *****44/7 t *****70 EAST ASM SMPPMG SDN M TO. 4MM4/4M7SI EAST MM SMPPMG SON M m 1M732/3/7251 malatsm nun i tianspobt lid m (703 *****5 W\l361 words
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Page 21 Advertisements
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Advertisement932 1982-08-18 21 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) EAST AFRICA/REDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE J'." 'i j 1 rmrr SINGAPORE/CHITTAGONG/RANGOON/SERVICES Pakistan National Shipping Corpn. Karachi •"AYUBIA -'SOLAN V.I9HW t MITRAL JTAXILA ACCEPTING CONTAINERS KOTAINDAHVB •KOTA BAHAGIA V 8 KOTA HARAPAN V 6 25 TOW HEAVYUFT932 words
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Advertisement834 1982-08-18 21 BEN LINE CONTAINERS a BEN ASIA CONTAINER SERVICE EXPRESS COHTAfG SERVICE STRAITS/TAIWAN/ JAPAN S pan tm+i let MZ3 24/4 21/4 22/4 Gto* Acs 9424 27/1 M/l 25/4 tan* 5444 5/9 2/9 3/9 Ml St* 1114 IV U/9 13/J Fa* Ac. 4424 24/9 17/9 11/9 6toy Act 9425 24/9 23/9 2«/9834 words
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Advertisement666 1982-08-18 21 I 9. V 7 m m i Scan Dutch 9 WEEKLY EXPRESS CONTAINER TO MEP/UK/NC/SCAN SERVICE P Um| Penant MMtar Feea* (M«ft vku I KMX* f Ad SM I KNN weoN u/i OtttM I WLATI 77/1 I (OMCAN vrt c ace nit arson 711 PtNAGA A PI CASUS 21,4 WON666 words
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Advertisement524 1982-08-18 21 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT CORABANK CLYDEBANK SPORE R'DAM HULL HMBG 2 Oct 28 Oct 31 Oct 4 Nov 28 Nov 25 Dec 21 Dec 6 Jon Lukes/4 Lines U.S. GULF DRECT SERVICE (*Ne# Orleans. Mobile, Houston, Galveston) U.S. WEST COAST SERVICE (Also accepting Cargo524 words
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Page 22 Advertisements
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Advertisement1552 1982-08-18 22 Mb liKline KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE CALIFORNIA elide* vessel store Mono vessel tobyo ntobk stnmh M EMERALD Vl5 23 Aug KUROBE MARU V 64 13 Sep! 9 Oct 4 Oct 11 Oct K. PIONEER VII 27 A.ig NEW JERSEY MARUV62 20 Sept 18 Oct 6 Oct JBRBGEV91,552 words
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Advertisement375 1982-08-18 22 CAUFOMM/MCnC NORTH NEST SERVICE EXPRESS WNTAMR/REEFER SERVICE JUTTU. TACOHA. 1 mm- is* um (od AUSTRALIA EXPRESS CONTAHER SERVICE > IcoHNFO/Fa UMi PA** S port M* AM Sft AB« turn T 18/U 20/21 ft* 5 s*t 7S* 13 S*t fnm/tn 11/19 V* 21/71 A* zi sw 22/13 sw Oct 22/23 Od375 words
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Advertisement476 1982-08-18 22 vtJT/A-M nilat' Shipping Co. lid. S par* P. KatangLaa** tar HAN SOW 24 At* Ommm/Kim* HAN NUB 2 S«pt Damnam/Kuwait HAN O. S Sept Dammam/Kuwait ASIA ME RCHANT MARINE HAPPY CHANCE. ANTIOCHM ASM EDO SEMI-CONTAINER SERVICE S'pere Plata* Leadtag tar 22 Ami taddah 4 Sap* Jeddah 4 Sapt Damnam/Kuwait/Dubai UNIVERSAL476 words
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Advertisement396 1982-08-18 22 INTRASEA (PTE) LTD Su .'6.16 International f .i." i Anson RcJ Sir«i,-J{v '< 0207 Tf. ?24b5H JO L<nesi iroA AsiAiurx BREAKBULK SERVICE TO EUROPE/UK H ALPAC LINE U.T.C, S pore P Kelang Laadtag hr MMC AFRICA V.ISC 23 tag 2C Aag KUuntius/Rwrnon/Ourban Vessel Loadm at Kota Kmabalu London Agents Sai|apart396 words
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Page 23 Advertisements
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Advertisement517 1982-08-18 23 TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia SS BRIDGE S'pore Closing Times: FCL Cargo 0600 20/8 LCL Cargo 1800 19/8 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E. Malaysia A. ASIA S'pore Closing Times: FCL Cargo 0700 21/8 LCI Cargo 1900517 words
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Advertisement353 1982-08-18 23 MALDIVE LINES Loading for Jeddah/Guan/Pt Sudan FOR BOQKMSS I ENQUMES PLEAS CONTACT: PORT KELANG PANOCEAN NAVIGATION TRAWIG OMENTAL SMPPMG CORPORATION CO 'PTE) LTD Ttt: ILL. *****6/*****4 1106 RffEMATKMAL PLAZA PORT KELANG *****8 ANSON ROAD KUANTAN *****519 SW6VORE 0207 TEL: 2223*20 PASK GUDANG *****1X5 TRANS-SIBERIAN CONTAINER LINE appointed act (UMCON SYSTEM353 words
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Advertisement1363 1982-08-18 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55. Martet Street Sintapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KDJUK PWANG M/S SHARKAT NAH SOON SON BHD. IST AND 2ND FLOOR. *SSRS HAJ THONG SHTTMG 23 WeM1,363 words
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Advertisement99 1982-08-18 23 5 i SOON KIAT SHIPPING PTE LTD 1905 I 1906 19tt> Fir Shenton House 3 Shenton May S pore 0106 Telephone ??OMBB <5 lmes) i 2M2535 Tele. R*****9 SKSHP REGULAR SERVICES TO EAST MALAYSIA [quipped *itti *?0 tons **X tons "*4O lons derrick freezer Clumbers 7th Ftoor, MNB Building. S»99 words
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Page 24 Advertisements
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Advertisement629 1982-08-18 24 S S C Croup SINGAPORE SHIPPING CORPORATION PTE. LTD. 2oth floor ocean b<jilding Singapore cpo4 ARRETING *****2 (3 GENERAL *****1 122 LINES. LEX RS 2459S RS ***** A 3 CARSHIP CABLE CARGOSHIP Itcyional Container Lilies 2 SAILINGS A WEEK to/from BANGKOK RTHING 1300 HRS EVERY TUESDAY SATURDAY STOK krt/llfal 21/22**629 words
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Page 25 Advertisements
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Advertisement70 1982-08-18 25 LIAN SHIPPING CO., (PTE) LTD. vl 20-C 3rd Fk. Pwft SMk St S'pwt 2. T«t 221W55 (I Um) Spore ETD Destination H.V. HOWX k Nri 19 ta| Pi «i il HV POm khri 23/24 AMI MM M.V. IMIMt 21/22 ta| 24/25 km Unitrnttk REGULAR SERVICE TO THE PHILIPPINES ETA LOAMS70 words
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Advertisement292 1982-08-18 25 EGYPTIAN INTERNATIONAL LINE (EILI EGYPTIAN FLAG DMECT LINER SERVICE TO EGYPT (PORT SUE 2 -PORT SAK> ALEXANDRIA) stan n.sic nm> hom MM HOT 113 N» Jf PTMMDS DOflU **21 <w« 2^l ■UN KOt 23 Od 79 «wl Cargo loDthn Hmn Hum 2735M1/2 DIRECT LINER SERVICE FROM EGYPT so rrai MU292 words
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Advertisement343 1982-08-18 25 CARGO SPACE AVAILABLE ON LINER VESSELS LOADING FOR MADRAS. COLOMBO. CHCTGG., CALCUTTA, BOMBAY, KARACHI, MUSCAT, PAMMAM. KUWAIT, HOOEIOAH. PORT SUOAN, JEDOAH, AQABA, ALEXANDRIA, LATTAKIA, PT. Louis, Loarro, luanoa, Durban, douala, lagos, d.s. SAL AM, MOMBASA, PHNOMPENH, KM CITY, HAIPHONG, JAKARTA. HKG. K.K.. KUCHING 4 MUARA. INDOGULF FREIGHT SERVICES TEL *****00,343 words
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Advertisement73 1982-08-18 25 LIAN HUAT SHIPPING CO, (PTE.) LTD. iN ■mMMTWML PIAU. 13TH FLOW SUTt 1319/132* M STORE tltl HIS *****11 ***** M HONG W*-C--UMBONI IMCON I n* HD OKtW*TK* 25/1 27/1 fh# 1/9 i/9 Ujw| tw*m hfert 19/1 MwkSm 21/1 27/1 UWHiM Acccpfac huvyifl n> H 30 Tom REGULAR SAILINGS TO HOCHIMINCITY/PHNOMPENH73 words
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Page 26 Advertisements
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Advertisement453 1982-08-18 26 HAJ SHIPPING SDN. BHD .HU H Ii BINTULU CONTRACTORS SDN BERHAD 37 Road Kucfwig Sjrjsjk Tel 573 ?OS6b Express Car-Cantor/10-R0 Service to East Mdaysta P. Kelang Loading tor BMIW.U NO. 1 V:l3/12 20/8/12 KUCMNS/IMUM/KK MdULU NO. 1 *14/12 7/9/12 KUCHM6/LABUAN/ KK/SRAN (Accepting vehicles/cargo tor S*b*h Ports subject to Inducement.) I453 words
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Advertisement236 1982-08-18 26 ta MAGNA MARINE LINES WESTBOUND SERVICE Iff KSSMS PASS VOT M-14 (BIT 1975) toan VALUES VOT M-15 MMM VOVM-1S MAGNA VOT M-17 SMGAPORE PT. KELAN6 lOADMG FOR SLD REUNWN TAMATAVE DURBAN/PE. CAPETOWN 27/« do 29/9 25/9 do 22/9 20/9 DARES SALAAM. MOMBASA LOAONG K KMABAIU EASTBOUND SERVICE CTOVM DURBAN STORE236 words
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Advertisement291 1982-08-18 26 HEAP SENG TRADING SHIPPING PTE. LTD. 1201, 12rti floor. Golden Mile Tower, Beodi Rood, Smgopore 0719. Tel: *****44 Tl* R*****2 HEAPCO Tel: *****44 Tlx RS272C SMGAPORE TO PENANG SERVICE fey ETA ETD LABUAN HM» 12/12 hi Pt 20/« Destauttora PENANG SINGAPORE TO PHUKET SERVICE LAMPUNG 2G/R2 24/1 25/« PHUKET FULL-CONTMNER291 words
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Page 26 Miscellaneous
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Miscellaneous174 1982-08-18 26 n 4 m m I > N I r/s 1 a 7 '> fM m J1 %i S». X/ I > SJS ~Ar V 56 L''i .5 C yA Win* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R174 words
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