The Business Times, 27 August 1982
1982-08-27
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The Business Times
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Title Section11 1982-08-27 1 BUSINESS TIMES M.C.(P) No. 93/1/82 FRIDAY, AUGUST tl, lltt 60 CENTS11 words
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361 1982-08-27 1 WANG LOOK KEAH - By WANG LOOK KEAH SINGAPORE Airlines* school for training flight and maintenance staff for Airbus aircraft will be opened early next year. This will be the only school outside France to train flight crew for the A--300. Regional airlines which are361 words
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242 1982-08-27 1 SINGAPORE Airport Terminal Services (Sats) is finalising joint-venture agreements for in-flight catering operations in Los Angeles, San Francisco and Honolulu. Managing director Mr M W Anthonisz said yesterday talks with three leading caterers, Marriots, Dobbs Houses International and Air La Carte have been in242 words
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382 1982-08-27 1 CHRIS LIM - By CHRIS LIM IN SPITE OF depressed steel prices, National Iron and Steel Mills has turned in very good first half results, with operating profit up 77.9 per cent to $24.42 million. Gross profit margin was higher at 14 per cent against382 words
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559 1982-08-27 1 ANGELINE TAN - By ANGELINE TAN TOKYU Department Store, which was having second thoughts about investing in Singapore, has now decided to set up shop in Marina Centre as originally planned. And Tokyu, Japan's sixth largest chain of departmental stores, will stick to its own name and559 words
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377 1982-08-27 1 A TOTAL of 44 banks in Singapore will be using the international communications network Swift by the end of this year. The response, said the Brussels-based organisation, has been very good since its introduction here in 1979. Contributing to this good response is377 words
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BRIEFLY...
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Article85 1982-08-27 1 Reuter GOLD prices rose to the highest levels since last December in trading on European markets. London bullion dealers fixed the price at U*****.50 an ounce yesterday morning and it later touched $420. While dealers said some of the rise was due to nervousness about the bombing ofReuter - 85 words
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Article76 1982-08-27 1 AP DOCK workers loaded three compressors destined for the Soviet natural gas pipeline aboard a French freighter yesterday in the first Western European shipment of US-embargoed equipment for the project. The three compressors were built by Dresser France, a wholly-owned subsidiary of Dressel Industries Inc, of Dallas, Texas.AP - 76 words
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Article63 1982-08-27 1 Reuter INTEREST rates in West Germany and elsewhere in Europe came down in the wake of declines in the US, and amid hopes that cheaper credit will put some life into Western Europe's biggest economy. The central banks of West Germany, the Netherlands, Switzerland, and Italy reducedReuter - 63 words
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Article53 1982-08-27 1 UPI A GROUP of 12 Japanese banks signed an agreement yesterday to provide the Malaysian government with a of US$57O million to finance a fertilizer project. The government-financed Export-Import Bank said the funds will be used to purchase Japanese goods and services for the Bintulu urea projectUPI - 53 words
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Article79 1982-08-27 1 AFP MALAYSIA, Indonesia, and Thailand will hold a ministerial meeting in Kuala Lumpur early next month to consider steps to strengthen the rubber market and arrest falling prices. The two-day meeting, which is likely to be held on Sep 8 and 9, will be chaired by MrAFP - 79 words
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Article57 1982-08-27 1 Reuter INDONESIA'S Oil and Energy Minister, Dr Subroto, yesterday denied rumours that his country was planning to cut its oil export prices. He said Jakarta would adhere to the price of US$34 a barrel set by Opec. He also said Indonesia was maintaining the Opec productionReuter - 57 words
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Article85 1982-08-27 1 AP "AGED for 12 minutes" might not make impressive reading in wine advertising, but with a new electronic device, 12 minutes is enough, the China Daily said. It said the device invented by the Qiqihar No 5 radio factory in northeast China uses high-frequency radio waves, anAP - 85 words
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310 1982-08-27 1 YUE LEE Baihaa says It is »to be reinstated m a ssssriate member af Ihe G«M Exehaage af Slagapare (GES) by the middle af aext aaaath. lie eampaay's name was remaved tram GES' membersMp Hat aa Jaly 8 when310 words
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Article, Illustration330 1982-08-27 1 JOHN LIM - By JOHN LIM THE tripartite structure of the National Wages Council (NWC) should be preserved, said its chairman, Professor Lim Chong Yah. The first public comments from Professor Lim since the announcement of a new-style NWC which will see the government330 words
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Article72 1982-08-27 1 AP IRAQI warplanes bombed the Iranian Kharg Island at sunset on Wednesday, "inflicting direct and effective hits" on oil shipping installations, the Iraqi state radio reported. It quoted a military spokesman as saying the raid amounted to a "reiteration of our previous warnings" to foreign freightersAP - 72 words
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Page 1 Advertisements
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Advertisement226 1982-08-27 1 limes c rj; rc TCMDS MEXICO has been turning to so-called creative financing to raise badly needed cash..... Page I SINGAPORE Airport Terminal Services is very much less productive in several areas of operations in comparison with major airlines in North America, Europe and the Orient Pag® 3 MANY American226 words
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Advertisement75 1982-08-27 1 Le Chalet at the Ladyhill Hotel thinks highlyof aDinetsCiib member The highly acclaimed fondues of Le Chalet Fondue Neuchateloise, Fondue Bourguignonne, Seafood Fondue and an extravagant variety of other famous Swiss dishes that won it the 'Restaurant of the World' plaque awarded by the International Food Editors' Association. Le Chalet75 words
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Advertisement127 1982-08-27 1 Minolta copy quality. With reduction. SBM ft* r 4 Featured: Shoes from 5249 J^29 Imagine Leather. Smooth. Supple. Cured and hand-polished to perfection, reflecting a deep inner strength that is the aura of leather. Imagine it in the hands of a master designer, lovingly caressing its richness into shoes of127 words
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BANKING AND FINANCE
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690 1982-08-27 2 NYT Reuter MEXICO has been turning to so-called creative financing to raise badly needed cash, according to international bankers. The financially crippled country is expected to receive US$3OO million from one such transaction within the next week or so. The deal, beingNYT; Reuter - 690 words
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Article126 1982-08-27 2 SPECULATION about another cut in UK clearing bank base rates grew following Wednesday's reduction in the Bank of England's money market dealing rates, dealers said. They viewed the V* point reduction in the bank's dealing rates over Monday and Tuesday as a sign126 words
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264 1982-08-27 2 Reuter PT COLD Rolling Mill Indonesia has mandated Asia Pacific Capital Corp to raise a US$2O5-million 10-year loan for the building of a steel complex in Cilegon, West Java. Banking sources said the deal is tied to a completion agreement to ensure the project backersReuter - 264 words
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367 1982-08-27 2 Reuter NEW Argentine Ecwimy Minister Jwge Wekke ka« called far a big effort te repay US$l5 HlUea la fareiga loans aad interest falllag dae aver Ike real ef this year. "The ©oaatry's haaaar mast be saved," Wekke said at a aears conferenceReuter - 367 words
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406 1982-08-27 2 Reuter LEADING Japanese hanks are urging the Japanese finance ministry to increase substantially their yen syndicated loan quotas in the six months starting Oct 1 from those for the current six months, hunUng sources said. The banks are also asking the ministryReuter - 406 words
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Article134 1982-08-27 2 A TWO-DAY conference on "Banks and their customers" will be held at Hyatt Hotel, starting on Oct 11. It is organised by AGS Management Consultants. Ten speakers will touch on customer expectations, marketing, haniring technology, securities, tax problems and future banking prospects. They are Mr Abdul Aziz bin134 words
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Article171 1982-08-27 2 UPI FRENCH Finance Minister Jacques Delors has said France will not pull out of the European Monetary System (EMS) as rumoured on money markets. Delors said in a communique that France, while basing its financial and monetary policies on European solidarity as reflectedUPI - 171 words
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398 1982-08-27 2 A CUT in Swiss official interest rates is possible if the Bundesbank lowers West Germany's 9 per cent Lombard rate, but need not follow automatically, money market analysts said. The Bundesbank was widely expected to cut Lombard rate by at least half a398 words
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MONEY AND EXCHANGES
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Article447 1982-08-27 2 THE US dollar firmed marginally against major currencies in quiet trading on the foreign exchange market yesterday. The US dollar opened at 2.1445/65 against the local unit and was brought up to 2.1505/15 before easing to close at 2.1460/70. litertut hmri rates at S pa: One month 2447 words
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Article158 1982-08-27 2 THE US dollar in yesterday closed generally easier against major currencies on fairly active late profit-tak-ing. The currency rose initially extending New York's overnight gains, with sentiment in Hongkong boosted by concern over Poland and the Iraq-Iran conflict. The dollar eased to 2.4355/62 marks from an early 2.4407/14 but158 words
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Article65 1982-08-27 2 THE DOLLAR in London yesterday opened above Wednesday's close, reflecting overnight gains in New York and the Far East on concern at political tensions in Poland and the Mid East. Opening quotes yesterday US 1 7553 63 Can 2.1689 1710 Cross —1.2357/60 D Mk 4.2775 825 D F1 4.6850/702565 words
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Article121 1982-08-27 2 THE DOLLAR (or overnight delivery yesterday closed little changed at 252.45 yen from the 252.50 opening, after fluctuating between 252.00 and 253.35 yen. This compared with the 252.40/60 finish in New York overnight but was above the 251.45 close in Tokyo oa Wednesday. Trading volume was a moderate <1.30121 words
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Article186 1982-08-27 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on Aug 28: 7 days 1 month 2 months 3 months 6 months 0 months 12 months U8 Doll*r«(Spot) Offer Hid 9* 9* 9* 9* 105/10 103/10 10 13/10 1011/10 11 13/1011 11/10 12* 12 12 7/10 12 5/10 1186 words
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Article44 1982-08-27 2 RANGE of prices offered by discount bouses on Aug X: Overnight: 3V 4 Call deposits: 3V.% Closing Baying Selling 3-month Treasury bills 3*4 3V4 3-month Bank bills 714 7* 3 months CD 7H 7*4 6 months CD 713/16 711/16 Source: National Discount Co44 words
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Article22 1982-08-27 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.29 per cent.22 words
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Article329 1982-08-27 2 GOLD futures in Singapore yesterday closed sharply higher on local and overseas buying encouraged by the rise in bullion price abroad. Trading was moderately active with total sales for the day recorded at 211 lots while kerb volume at 142 lots. Prompt closed sharply firmer at US$4l5/417 an ounce329 words
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Article35 1982-08-27 2 New York 7.7ZB 7 96B 7.79S 8.03S Zurich 8 10B 7 65B 8.2QS 7.75S m*4 TM Singapore 7.67B 7.95B 7.77S 8.05S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore35 words
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Page 2 Advertisements
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Advertisement85 1982-08-27 2 THE BESTSHOWERSCREENS ARE NOT THE OOSTLIEST. [1 kS |pF* i 'jjf'' w if i if. f J WmJ When you buy Starlite Elite Shower Screens you buy the best: sliding door design to save space, completely rust-proof materials, easy cleaning,brilliant colour schemes,and various designs to fit your exact needs. The85 words
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Advertisement105 1982-08-27 2 Just to serve you better 0 TAT LEE BANK ft 05 ATM It Available at:- Head Office-Market Street People's Park Branch Clementi Branch Thomson Branch Bedok Branch Buona Vista Brandi Ang Mo Kio Branch You can:- withdraw cash up to a maximum of 1,000/- a day deposit cheques enquire into105 words
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TRADE AND INDUSTRY
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406 1982-08-27 3 THE Singapore Manufacturers' Association (SMA) is offering its services to help reconcile the longstanding differences between the government-owned Resources Development Corporation (ROC) and private manufacturers of readymixed concrete. The offer was made by its chairman, Mr Ong Leng Chuan, at the opening of406 words
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375 1982-08-27 3 STANFORD University business professor Steven Wheelwright yesterday advised Singapore manufacturers to use the current recession to do a bit of "cleaningup" and to cut back on extra fat. Economic slowdown, he said, allows manufacturers to apply remedies and to clean up sloppy situations and375 words
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Article, Illustration206 1982-08-27 3 CLARK Equipment Company, Bobcat International Division has promoted Ylag Chin Wall to area manager (Far East/North Pacific) and Chaa Ylag Kc—g promoted to district manager (Far East). Mr Ying started with Clark in 1977 as a trainee district manager working in the US domestic market and was206 words
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283 1982-08-27 3 THE Economic Development Board yesterday finalised an agreement with a leading US manufacturer of computer-aided-design/ computer-aided manufacturing (CAD-CAM) systems to set up a training centre here. Mr P Y Hwang, chairman of Mr John Hurd, vice president of Computer-vision Corporation's American and Far East283 words
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430 1982-08-27 3 JOHN LIM - By JOHN LIM SINGAPORE Airport Terminal Services (Sats) is considerably less productive in several areas of operations compared with major airlines in North America, Europe and the Orient. Sats managing director, Mr M W Anthonisz, said yesterday that a British Airways study430 words
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313 1982-08-27 3 HIGH inspection costs have deterred many local and Japanese-owned companies in Singapore from applying for the Japan Industrial Standards (JIS) mark of quality. Although the Japanese government has agreed to open the marking system to factories outside Japan, so far, only313 words
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314 1982-08-27 3 BANKERS and finance managers dominate the first executive committee of the Chicago Business School Club in Singapore the first of its kind in Asia. Six members of the 10man committee, including two expatriates, are bankers and senior financial executives of companies. The president314 words
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237 1982-08-27 3 THE Ngee Ann Polytechnic is organising a six-week evening course on condominium management for developers, managing agents and all practitioners involved in the management of condominiums. The course will start on .Oct 4 and end on Nov 11. Lectures will be held on Monday and237 words
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Article737 1982-08-27 3 SEMINARS AND COURSES I Sep 1-Oct 5: Sales Management (Marketing and Sales Management Programme), Cuppage Centre, NPB Sep 2-3: How to Chair a Meeting, Cuppage Centre, NPB Sep 3-29: Quality Control Circle Facilitator Training Course. YMCA, NPB Sep 6-8: Shipyard Safety Instruction Course for Supervisors, Cuppage Centre. NPB737 words
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Page 3 Advertisements
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Advertisement49 1982-08-27 3 Ist class hotel in USA. ONE "DOLLAR A NIGHT! :lir as 8 m n •w a I MM* mm The services o» Ken-Air Tour Consultants to plan your itinerary and advise on shopping. sightseeing car rental and meals mu^i KBMIR Suites 124-125 Ist Fir Parklane Shopping Mall Tel 3360-41149 words
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Advertisement210 1982-08-27 3 Meetings with Jakarta without meeting. The Audiographic Teleconference Service. Today's sophisticated communications will relieve many businessmen from having to travel to Jakarta, Indonesia for meetings and vice versa. Especially now that business meetings can be held electronically with the Audiographic Teleconference Service. The service allows up to 6 participants in210 words
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OVERSEAS
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Article593 1982-08-27 4 Reuter MANY American economists now believe prospects for the US economy have become increasingly rosy because of what they see as recent policy shifts by President Reagan and the Federal Reserve Board. The Federal Reserve's new willingness to supply money to the economy and MrReuter - 593 words
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577 1982-08-27 4 UPI Reuter THE US motor industry can expect a "mild but respectable" recovery in 1983, helped by dropping interest rates, Wall Street analyst David Healy said on Wednesday. In a speech to the Automotive News World Congress, Healy said sales of US cars thisUPI; Reuter - 577 words
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324 1982-08-27 4 JAPAN, France and Kuwait led a record 31.3 per cent growth last year in foreign investment in US companies last year, but American investments in other countries rose at the smallest rate since World War n. The Commerce Department said324 words
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397 1982-08-27 4 Agencies A PROMINENT British private economic research institute has called on the government to reflate the country's economy "to put us back on the long road towards recovery." The National Institute of Economic and Social Research said in its quarterly forecast of theAgencies - 397 words
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Article286 1982-08-27 4 UPI OCCIDENTAL Petroleum will acquire Cities Service in a friendly US$4 billion takeover that will create the Bth largest oil company in the United States, Occidental said in New York on Wednesday The merger of the two oil giants will be the third largest in US history afterUPI - 286 words
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314 1982-08-27 4 Reuter THE head of South Africa's second largest mining house, Wim de Villiers, announced his retirement on Wednesday after a bitter power battle among Afrikaner business giants. He said he was retiring two years early as executive chairman of General Mining UnionReuter - 314 words
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293 1982-08-27 4 AP POLISH Interior Minister General Czeslaw Kiszczak has accused Solidarity's underground of preparing for "bloodshed," and declared that the authorities had to maintain law and order during planned protests next week. The Wednesday statement, the most serious challenge to the underground in eight monthsAP - 293 words
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205 1982-08-27 4 INTERNATIONAL Harvester has agreed to sell its construction equipment business to Dresser Industries Incorporated in a deal which Harvester considers the crux of a major corporate overhaul. The terms of the transaction were not disclosed on Wednesday but in Dallas, a spokesman for Dresser205 words
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291 1982-08-27 4 EXXON, saying it did not expect an upswing in the declining demand for petrol, said it would close 850 serv ice stations in the northeast and middle west of the US and sharply reduce production capacity at its major New Jersey refinery. The announcement291 words
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WORLD IN BRIEF
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Article483 1982-08-27 4 Agencies ISRAELI leaders have made clear that they expected Lebanon's President-elect, Christian militia leader Bashir Gemayel, to sign a peace treaty with Israel. Prime Minister Menachem Begin was quoted by a member of a visiting American congressional delegation as predicting there would be a treaty in the nearAgencies - 483 words
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236 1982-08-27 5 AP ■FIFTEEN microelectronics and computer companies in the US have formed a Joint venture in an effort to retain American leadership in the industry. Incorporation of New Microelectronics and Computer Technology was disclosed by Robert Price, MCC steering committee chairman and president of ControlAP - 236 words
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422 1982-08-27 5 Reuter OIL ministers from Saudi Arabia and five Persian Gulf allies, which between them pump almost half Opec's crude, plan to meet in mid-October in Oman. The meeting of the Gulf Cooperation Council Ministers in Salalah had been set for September butReuter - 422 words
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Article181 1982-08-27 5 AP A NEW Chinese law requires companies developing China's offshore oil to present plans for preventing pollution of the sea. Oil and mixtures containing oil must not be discharged into the sea, and gases and oil erupting from test wells must be fully burned, said an officialAP - 181 words
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268 1982-08-27 5 Reuter MALAYSIAN prime minister Datuk Dr Sen Mahathir Mohamad said his country should prepare for tough economic times ahead. "After two-and-a-half decades of unprecedented growth, we now face a critical phase in our development that is characterised by an increasingly uncertain, even hostile, international economicReuter - 268 words
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213 1982-08-27 5 Reuter CHINA (aces serious economic problems but US analysts are cautiously optimistic about its prospects for successful economic development, according to a congressional study released on Wednesday. The Joint economic committee issued a compilation of papers by specialists on China's domestic economy entitled, "China underReuter - 213 words
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Article124 1982-08-27 5 Reuter UNITED States and Indonesian officials ended the first round of talks to set up an export quota system for Indonesian-made garments (or the US without agreement. Trade Ministry Director for Exports of Industrial and Mining products, Asyik Ali said they could not agree onReuter - 124 words
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Article713 1982-08-27 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0025 JFK/SFO/HKG SLA SQ43 0800 DHA SIA 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 SIA SQ201 1030 HLP713 words
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236 1982-08-27 5 AFP INDONESIAN Industries Minister Abdul Rauf Suhud said be hoped that the meeting of the Asean Committee on Industry, Minerals and Energy (Coime) would produce a basic agreement for use in the setting up of Asean Joint ventures. In his opening addressAFP - 236 words
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Article570 1982-08-27 5 AP THE REAGAN Administration has made it clear that if France permits the shipment of US-licensed equipment to the Soviet Union in defiance of the President's 'pipeline embargo, sanctions will be enforced. John Hughes, the State Department's chief spokesman said in Washington on Wednesday that theAP - 570 words
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227 1982-08-27 5 UN a ruling bitterly attacked by the American Steel Industry, the Commerce Department has softened its charges of unfair trade practices against steelmakers in Western Europe. But the Wednesday ruling could bring pressure on the domestic steel industry to accept a negotiated settlement227 words
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Page 4 Advertisements
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Advertisement229 1982-08-27 4 THE PACIFIC'S HUMBER j is now number u I 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 vw 7 m magazine m y^\"W New229 words
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Advertisement164 1982-08-27 4 8 PILOT suggests the write way toputyour company's name: at eveiyone's fingertips... ...with a gifted range of quality pens that rightty jf expresses your company's goodwill... PILOT'S wide range of high quality I writing instruments offers you wide-ranging opportunities to 1 promote your company, products, services and brand names. Choose164 words
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Page 5 Advertisements
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Advertisement136 1982-08-27 5 Will Solve More Material Handling Problems Than Most Others In The World BT Narrow Aisle Truck BT 4-Way Truck BT Reach Trucks BT Order Picking Trucks BT Powered Stackers BT Rider Seated Stackers BT Hand Stackers BT Hand Pallet Trucks BT Motorised Hand Pallet Truck i C BT Powered Pallet136 words
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Article454 1982-08-27 6 WESTERN perceptions of the way we are can be valuable, especially when they take the positive approach of the feature on this page today. It makes a number of interesting points, and at least one startling one: that East Asia ,has every chance of becoming454 words
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Article, Illustration1531 1982-08-27 6 STEVE LOHR - Japan is simply the leading edge of a broader economic challenge to the West, reports STEVE LOHR. The four 'new Japans' Singapore, Taiwan, South Kolrea and Hongkong are seriously threatening the dominance of western industry, experts on East Asia believe. STEVE LOHR NYT WHILE theNYT - 1,531 words
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Page 6 Advertisements
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Advertisement25 1982-08-27 6 over World Trade Centre 4-12 September 11.00 am -9.30 pm daily 14th Festival of Books fe: I PENGUIN BOOKS Represented by Federal Publications Since 197025 words
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Page 6 Miscellaneous
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Miscellaneous810 1982-08-27 6 SINGAPORE 5 THE weekend will mm be here and If yea are thinking of icing a net of Aw> pint at eae of (Sagapore's major department steree, why not watch Service ea tke SkepOeer (Ch f, 1M). The programme take* a leek at service la the retail why service la810 words
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688 1982-08-27 7 IT WAS over lunch one day in February this year that the subject of getting together was broached. I Yesterday, a formal exchange of letters of understanding took place between the Economic Development Board and Computer-vision Corporation (registered in iSagapore as Cad-Cam Systems Pte688 words
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Article, Illustration1401 1982-08-27 7 ZHOU MEI - Its teething problems over, the Skills Development Fund is getting increasingly involved in supporting industry. Its support is available to individual companies active in either skillupgrading or mechanisation, be they bao bing-skin makers or robot users. But one of its priorities is group training, such1,401 words
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Article, Illustration283 1982-08-27 7 ZHOU MEI - By ZHOU MEI "PEOPLE thought Computervision was a computer gagne," recalls an amused Mr Michael Adams, Computervision Corporation's man in Singapore. Computervision is in the forefront of high technology. Itjte a cad-cam (computer-aided design and computeraided manufacturing) specialist. It manufactures hardware and software and markets its283 words
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Page 7 Advertisements
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Advertisement23 1982-08-27 7 Qfjingsppores Teoh Eng Soon This book is now available at all leading bookshops. Price $14.50 amumiby TIMES BOOKS INTERNATIONAL Distributed by FEDERAL PUBLICATIONS23 words
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Page 7 Miscellaneous
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Miscellaneous623 1982-08-27 7 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Foreigners possibly gone to seed (6) 7 The dogs of war (8) 8 In a painting, it makes a person good looking (4) 10 Group of colleagues (6) 11 Cause difficulty when I'm deep in disorder (6) 14 A record broken in golf (3)623 words
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Page 8 Advertisements
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Advertisement624 1982-08-27 8 Where to wine, dine and entertain with the American Express C«d fitJAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. < )•>,' ,j. j > h> ><> i >r rt'M'rruf.f »:s iii. >/' H> iiiiiirv I ':nk Slirijilmi >rr reD&jft Diwer Our buffet dinner spectal for those uuho624 words
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Advertisement106 1982-08-27 8 Whatever your taste, the Cockpit Hotel makes it great. Victoria Bar Tha Coftaa-Houaa Relax in an atmosphere of For informal meals and elegant days gone by light hearted snacks f Jvl W Penang Road. Singapore 0023. Tel: *****11 (20 lines) Cable COCKPIT Telex R*****6 A special complement to your meal106 words
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INTERNATIONAL STOCKS
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Article69 1982-08-27 9 AUG 35 Ut n>iK<i KT5 -0J5 BIN unci) OntretaCM Cond Acqua Rom trkUnli MO -111 I4S mm unci) SO Plat '>•? im -0 *****0 -1100 Otm MM 30 TP 0-*" -4ft Invert ItalccmcnU Ord an mao 114 -4 -300 -14 Liottit Ord ***** 100 9&300 -000 Eg 1MB0 371069 words
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Article199 1982-08-27 9 AU0 2S 1 rra CORBE1LLE Alr-Uquldc 4M 0.1 BSM Oervaia Dtnonc 1814 C8r (Thomson C«f) IX -11 Cle rnnctlM d« Petrolea 109 0.4 Credit roncler Dt France Ml unch H ache tie (Ubrnlrtc) %S6 -10 Machines Bull XI -L» Mlchelln (B) •00 unch Omnium on unch Peugeot Philip® (N»199 words
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Article90 1982-08-27 9 auois r™ FORWARD MARKET Acac 516 10 Arbed USO 39 Astur 494 U Bructn no ♦4 Bni-Uunb Canpac Cock lm 137 unch 9 De Beer* 222 -9 Ebw 1MB unch KlectfoOel 4390 -30 Ob- Inno-Bm 9880 unch Oe» 1730 unch Or Bru Lamb 1382 unch Hobok 3800 149 Petro90 words
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Article1235 1982-08-27 9 NEW YORK I; STOCK PRICES IN New York on Wednes-*-•day closed sharply higher and volume to- dlled more than 100 million shares for the .«-third straight day as rumours of an imminent cut in the discount rate swept the Jnarket. v» The Dow Jones industrial average was1,235 words
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Article184 1982-08-27 9 AU0 25 FU i ARM MSJO 45 Ahold 83.00 -0 4 Ak*> AMEV Am (as 2810 M.00 79 AO unch -0J 0A Amrobnk w 3M0 -0.4 Bols Borsucer Bock a 58.00 1 BIO 37 JO unch Burvet 30 JO 1M0 4 'U inch CtlT Dell MiJ nam TO J0184 words
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Article92 1982-08-27 9 AUQ 25 Dm Aef-Telefunken BASF 30 ao 114J0 -0-2 OJ Bayer ioojo 0J BBC BMW 18X00 2 Commenbank Conti Oumml Daimler-Bens 1JU0 47 JO 306. TO 1J 1J 17 Demaf Deutsche Bank Dreedner Bank OHH ZZZ i2i oo MOJO imjo IK JO 1 I OJ 1J Hocchit 107 JO92 words
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Article164 1982-08-27 9 wrm Pf SI /uusuisae or. m HO H Cite 0*1(7 Br ClbaOtic PC uao uas -M -5 Clba Oclo Rag. Credit Sulue Br Credit Sulat Rag BektrovaU Br. Oeorge Ptscher Br Olotais Pe Ml -4 urn as mo a X3 15 uneh 410 ♦35 41 Horn Br ZUOB Hoffman164 words
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Article260 1982-08-27 9 AU0 25 Rand INDUSTRIALS A Alpha 425 5 Abercom *10 -5 AE And CI 710 10 tsr* 275 860 unch SO Barlows 01S -to C O Smith 1530 5 CNA ooo Currte riiuince Hi 10 Dt Been Ind Edcon Edam FsdVoU 0000 306 unch -5 rufU SO Oratemn wo260 words
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RAW MATERIALS
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Article206 1982-08-27 9 RUBBER prices in Singapore yesterday closed slightly higher with September One RSS buyers quoted at 179.00 cents per Idlo, up 0.25 cents from Wednesday's close. Morning prices were marked down marginally on lower London advices but levels gained some ground towards the morning's close on some covering interest. Afternoon206 words
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Article378 1982-08-27 9 RAS prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Bayers Sellers Int. 1 R.S.S. prompt f.o.b. 179.25 180 25N 180.00 181 00N Int. 1 R.S.S September 178.25 178.75 179.00 179 50 Int. 1 R.S.S. October 179.25 179.75 1».00 180.50 Int 2 R.S.S.378 words
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Article122 1982-08-27 9 NOON SSR and SMR pnc aa yaatarday HAS SSR 20 SSR SO (l-loa pa (l-loa pa 8*puab«r (Carraat Mtkl Bayara Sallara ilat) 158 00 15® OON Uat) 155 50 156 50N Octobcr (Forward Mtk) Bayara Sailer* 159 00 160.OON 156 50 157 SON MBKLB 8*p(«aibar October SMR122 words
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Article75 1982-08-27 9 THE STRAITS TIN price In Penaag yesterday rase Mwther 21 cents te M 121.52 pf kite. The steady teae was encouraged by Leadea's straag position coupled with caatinaed overseas aad local interest. The market alsa anticipated a firmer trend in view «I tighter efferIngs tram mines that have75 words
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Article32 1982-08-27 9 Rubber: Aug 26 Singapore: Sept: 179.00 cents (up 0.25 cent) Malaysia: Sept: 198.50 cents (unchanged) Tin: M 529.52 per kilo (up 21 cents) Official offering: 125 tonnes (down 98 tonnes)32 words
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Article103 1982-08-27 9 Reuter PARISIAN commodity brokers and analysts are concerned falling business in the cocoa and soyameal markets in Paris could lead to a collapse of both markets. Turnover in cocoa futures fell to 72,000 tonnes in 1981 from €00,000 six years ago despite an increase in francophone WestReuter - 103 words
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Article1055 1982-08-27 9 COFFEE: Robusta futures in London yesterdaywere generally steadier at midday, between £10 above and £1 a tonne below Wednesday's close in traded positions. Dealers said most active November and January traded for most of the session about £10 steadier after they had been lifted by some commission house1,055 words
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Article178 1982-08-27 9 Reuter THE TWO-AND-A-HALF year bear trend in metal prices has been broken and much higher prices are likely by the year end, if consumption recovers significantly, Metals and Minerals Research Services Ltd said in a study to be released shortly. Metals stocks have started to declineReuter - 178 words
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Article320 1982-08-27 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 100 per cent second class 0.80, 100 per cent third class 0.75, 25 per cent new crop no stock, B-10 per cent 0.73. THAI BROKEN: A-super 0.58, Special 0.55.320 words
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Article144 1982-08-27 9 THE Malaysian crude palm oil yesterday rose further on continued covering support in fairly quiet trading. In August south and central rose Mss each to Ms7lo per tonne, September in the north firmed M 517.50 to M 5702.50 while south and central gained Mslo and Mss respectively to144 words
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Article167 1982-08-27 9 SOYBEAN futures in Chicago on Wednesday recovered from midsession lows to close on a firm note, up 2 3 cents per bushel in September to off three cents in thinly traded distant September. Private forecasts of temperatures dropping to near freezing levels in southern Canada during the next few167 words
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Article214 1982-08-27 9 WHEAT futures in Chicago on Wednesday closed on or near highs, up sVfe to 6V4 US cents per bushel in moderate trade. Early exporter pricing, possibly coveting recent tenders, and rumours of sizable purchases by the USSR or China kept wheat firm relative to other CBT markets all day,214 words
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Article263 1982-08-27 9 UPI INDIA said it will buy 2.5 million tonnes of grain from the United States at a lower price than it paid for American grain last year. Agriculture Ministry spokesman PC Kashyap said two varieties of wheat, western white and hard red winter, willUPI - 263 words
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Article173 1982-08-27 9 CHINESE Pratac* Exehaage, Slagapare, mm eiaaiag prima per IN kg yesterday. Cmmil ail: Bulk fob $81.00 sellers, old drum (in second hand drum) fob $93.00 sellers, new drum fob $97.00 sellers. X: Mixed (loose) $40.00 Pepper: Muntok white pepper fob Asia NLW $310.00 sellers, Sarawak white pepper faq173 words
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Article142 1982-08-27 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattea yara: China Blue Phoenix 20s 2,430 32s 3,135, 40s 3,290 (per bale of 400 lbs). Pakistaa raw cattea: LSS 6.04, 4F 6.00; 289F 6.10; NT roller ginned 6.04 (per lb). CLOTH in142 words
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Page 9 Advertisements
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Advertisement61 1982-08-27 9 9 APOLLO Theatre Restaurant Nite Club TEL: *****66 m 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. S On the61 words
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Advertisement39 1982-08-27 9 m i ~T3fL 3" <S- ZL TSU! UAMSr VILLA&E The Ultimate Hong Kong Restaurant Seafood Sharkfirts Abatone Open: 11 30 om 3.00 pm 6.00 pm 11.30 pm For Reservation Cat: *****40 *****88 Hotel Asia, 37, Scoffs Rood, Singapore 092239 words
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1740 1982-08-27 10 BID and offer prices officially listed and hiring m 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 COMMERCIAL Anu (2.5081,740 words
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Article194 1982-08-27 10 SINGAPORE UNIT TBU8T MAMON1 d man r 8TOU t The P/wnimi* tar Angfl) 2.57 £70 (Mnngm priMa tar Ann 17) (July) Aug The Savings Fund 1.41 1J0 Diamond S pore Prag Fund 1.17 1-21 S'pore Fd(USI) 0J1 0.57 S'pore Sec Fund l.« l.TSzd SI US 1.22 S pore194 words
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Article2872 1982-08-27 10 Gr'g Gr"s Net 1W8Z Company Last Div Div Y*W P/E Vol Day mgn LOW Sale or- Cvr (*000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 350 247 Acma 255 -5 21.7 04 84 24.7 9 255 250 Alcorn 115 3.7 04 34. 964 233 132 Allied Choc 1502,872 words
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Article1477 1982-08-27 10 BID and otter prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUSTRIALS iMM (2-90S) Aleea (LIIB 1.125) 1.13 (IS) 1.12 AMD (HQS) Bea1,477 words
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Article178 1982-08-27 10 BERJAYA Kawat Berhad: Thirteenth AGM to be held at Jalan Utas, Shah Alam Industrial Estate, Shah Alam, Selangor on August 28 at 10 am. SIM Lim Investments Limited: Eighteenth Annual General Meeting to be held at Conference Room, 16th Flow, Sim Lim Tower, 10 Jalan Besar, Singapore 0620178 words
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854 1982-08-27 10 AFTER 8 «teMy ipetiig, Ave* necubMi to prsflttaklag la the aftoraoea. However, the sefflag dmM •fl towards Ike close, resultlag to the Stagapere stock ■ukd IhhMi oat mixed note. Tradtog yesterday wm generally filet. TV Straits Times ladaotrtal ladex, which was sp Utl pstoto at854 words
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Article476 1982-08-27 10 A LATE surge of interest, in a day of highly erratic trading, took share prices marginally ahead on the Kuala Lumpur stock market yesterday. After a fairly steady start around overnight levels, prices gradually softened towards the lunch break. The easier note prevailed until476 words
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COMPANY NEWS
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644 1982-08-27 11 THE Montreal-based Alcan group of companies is actively considering setting up an aluminium smelter in Malaysia. Interviewed by Malaysian Business Times after the commissioning of additional facilities by the Alunbdam Company if Malaysia (Alcom) in Klang on Wednesday, the company's vice-president644 words
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Article519 1982-08-27 11 NYT WITH Wall Street's recent record-shattering stock market volume came the question of whether the stock exchanges and the brokers could keep up with the paperwork involved. The answer was a solid yes. With hardly a ripple, the New York Stock Exchange handled 455.1 million sharesNYT - 519 words
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ASIAN STOCKS
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Article348 1982-08-27 11 THE DECLINING possibility of a federal election and a rise in the Hongkong spot gold price underpinned firmness in resource stocks in Sydney yesterday. The All Ordinaries index closed 2.9 points up at 475.7 but trading was thin. AUO 28 Cents INDUSTRIALS Art 121 •i AMI 216 -2 A348 words
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Article87 1982-08-27 11 Auoas Acoje Mining Anfto Phil Apes limine B A Urn* Con a Baguio OoU Bute Petroleum Btnnet Con. B eri* Pint Phil Hkto Uputo B Muiaduque B Murtoe) MM 1MB f ft 0.00 uneb IS 0M1S UU «T 1J0 MB OMB OB SMU -Oil -MM -aia -1-5 -Oil -IS87 words
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Article530 1982-08-27 11 HONGKONG PRICES IN Hongkong yesterday closed mixed in mostly quiet trading with late afternoon business centred on property shares following disapgpinting results from a local Joint-venture property company. International City announced first half net profit of HK186.3 million, which compares with a prospectus forecast in May, 1961,530 words
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Article354 1982-08-27 11 SHARE PRICES in Tokyo yesterday gained further ground, with sentiment enlivened by the overnight advance on Wall Street and rising foreign purchases. The market average rose 26.78 to close at 7,153.38 on a moderate volume of 380 million shares. The Tokyo stock exchange index added 3.15354 words
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Article129 1982-08-27 11 SHARE prices in Bangkok yesterday closed mixed with losses outnumbering gains in quiet trading which centered around financial shares. AUG X Bahts Aothsm Thai a«i. Fibre ArattMitbn. And Trust ioa -3 MS iae .3 1 su M uneh -4 fllMMBI rim Trust 54.75 4.75 Industrial rinanCt Corp JaUprmuian Cemen129 words
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325 1982-08-27 11 NORSECHEM <M) Bhd has nM its investmeat sf mjm shares is Dyss Indnstries (8) Pto Ltd fsr tstsl sf BSMMM sr $4.» per share. The twi purchasers st the shares were the Develspmest Baah ef Slagapere, which heaght shares fsr tmjm asd Dyss Industries325 words
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760 1982-08-27 11 NAJEEB JARHOM - ■arket Talk... By NAJEEB JARHOM AS THE Singapore stock market continues to experience periodic corrections in a generally declining trend, hopes for any sustained recovery cannot be entertained until a prolonged period of consolidation resettles investors' confidence. Any short to medium term upside potential may760 words
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309 1982-08-27 11 A TOTAL of 16.33 per cent of Ajinomoto (M) Bhd's equity would have been allocated to bumiputra interests approved by the Ministry of Trade and Industry as a result of the group's proposed special issue. Ajinomoto said this in its circular to shareholders309 words
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Article507 1982-08-27 11 Carreat Ex Beaks Date Tatal tar Tatal far Atom Payaeat 2«*%I Date Sep 21 Clear Oct 2 Payable Oct 15 the year 2v*% Prevtoaa y< 3.7%(a) Alex HMgs e%(b) Sep 10 Sep 17 Sep 27 e% 3%(») Bate 6%I Aug 23 Sep 2 Sep 10 6% 22% Ber|iym507 words
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Article219 1982-08-27 11 Campaay Partlealan Ex Date Bssks API Proposed bonus issue of 1 for 3 Sep 15 Sep 27 Itekit Kattl Proposed bonus issue of 2 for 1 NYA NYA Fed CaMes Proposed rights issue of 1 for 3 11.15 per share NYA NYA GLnkr Proposed rights issue of 3219 words
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Article149 1982-08-27 11 INTERNATIONAL City (Holdings) Ltd, a joint venture property investment company, has announced a net-profit of HKSB6.3 million for the six months ended June 30. This compares with a prospectus forecast in May 1981 of $500 million for the full year. News of the results depressed the joint149 words
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Page 11 Advertisements
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Advertisement221 1982-08-27 11 66 1 consider The Asian Journal indispensable to my daily routine." Mr. Gumersindo L. Leuterio First Senior Vice-President insular Bank of Asia America Philippines. hi THE ASIAN WALL STREET JOURNAL. Asia's Business Daily Printed in Singapore Daily delivery Monday through Friday C] One year for Ssl9o EH 26 weeks for221 words
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Chief Price Chances
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Article138 1982-08-27 12 Rises Indices M Credit 8el CowMto KtckSMi NBT out H Leoag Credit Sea View Supreme Plant Boustead Tokyo Lud Jack*1st Metro HM|i Falls 290 188 985 221 540 332 330 M 157 982 190 805 18 18 15 11 10 10 10 9 +7 8 +8 5 Aug 25138 words
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Article, Illustration163 1982-08-27 12 Rises Indices Kucbai 500 122 Aug 25 Aug 26 SgBesi 660 800 105 MBT Index: *****0 *****3 DBS 30 NST Industrials: ***** 755.14 D Reramat 540 25 NST Finance. 1265.30 1272.84 Kamunting 240 20 NST Hotels: 643.26 643.63 M Credit 268 +20 NST Properties: 675.63 675.94 Troooh 600163 words
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Article50 1982-08-27 12 FINANCIAL TIMES INDUSTRIALS Wednesday 568.4 Tuesday 571.0 Week Ago 579.2 Thursday 1006.92 Wednesday 1012.00 Week Ago 1035.55 AUSTRALIAN INDUSTRIALS DOW JONES AVERAGE INDUSTRIALS Wednesday 884.88 Tuesday 874.90 Week Ago 829.43 Thursday 006.0 Wednesday 606.4 Week Ago 606.4 ALL ORDINARIES Thursday 475.7 H.K.HANG SENG Wednesday 472.8 Week Ago 465.150 words
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Article76 1982-08-27 12 AP NEW YORK stock prices opened broadly higher yesterday, extending the market's strong advance in the previous session. Gainers, paced by motor and drug issues, jumped to a 2-to-l lead over losers on the New York Stock Exchange. The Dow Jones average, which resumed its sharp climbAP - 76 words
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513 1982-08-27 12 ALAN LEE - By ALAN LEE MALAYSIAN Resources Corp's diversification into properties, first begun after the takeover at the company by Messrs Kee Yong Wee and Chan Wan Kah in 1980, is finally paying off. The new management has also been able to reverse the losses in its513 words
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531 1982-08-27 12 FOUR companies within the Malaysian Mining Corporation stable have turned in mixed performances for the financial year ended March 31,1982, partly due to their different tin output levels. During the period reviewed, pre-tax profit at Baagei Ileal Mm and Tke Kaaia kampar531 words
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Article798 1982-08-27 12 STOCK prices closed firmer on balance yesterday, after a moderately active session, dealers said. At 3pm, the Financial Times index was up 5.2 points at 573.6. Government bonds met renewed profit-taking earlier in the session but rallied towards the close in line with the New York bond market798 words
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Article105 1982-08-27 12 THE Kuala Lumpur Stock Exchange has queried both Pan Malaysia Cement Worts and 82 per centowned subsidiary Pan Malaysia Rubber Industries on the sharp increases in their investments as reported in their 1982 annual reports. PMC's investments swelled to $97.16 million as at March 31. 1982105 words
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Article93 1982-08-27 12 UNITED Pulp A Paper (UPP) has informed the Stock Exchange of Singapore that former director Tan F.ng Sing has Only beneficial holdings in 1,000 UPP shares. Of the 9,000 UPP shares at present registered in his name, 8,000 had previously been sold but not registered by93 words
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Article97 1982-08-27 12 BOUBTEADCO B'pece Ltd to to Imnm aa eqaai partaer la a aew jelat-veatare «lag CeaaeUdatod ef New Zealaad. *4alpmaa P B Wise toU the eeaipaay'e aaaaal merttsg la Aaeklaa* yesterday that the am fattow» the parnbaen by Spedtan af n par eeat af Baa■toad New97 words
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LATEST
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Article70 1982-08-27 12 mmt Carp baa reperted a S6J par eeat tacrcaae la graap pre-tax praflt to iOMM fldlHea tor the 4x BMaths eaded Jaly SI, compared with $3.71 nrtlllea frwtoajj. Opera flag reveaae reee to $U ariWlea freaa Directors bare deelared aa latartn dlvtdead li per eeat grass70 words
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578 1982-08-27 12 SIOW LI SEN - JJI mm Companies Editor: Mara Sabnani By SIOW LI SEN THE PACE of change at United Engineers Ltd (UE) is gathering speed as the group races against time to turn itself round. If the group is successful, it will be a vastly different business, thoroughly revamped,578 words
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Article321 1982-08-27 12 High Low prospects HIGHLANDS and Lowlands Bhd, which announced improved interim results yesterday, has forecast lower profits for the second half and warned that its final dividend may not be maintained at 20 per cent. The plantation group, in a statement to the Stock Exchange of Singapore, said that in321 words
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78 1982-08-27 12 PROMET Bhd hae u ■weed a gnap after-tax preflt «I M 518.12 miIHM (agalast $13.13 mllllM previously) ftr the rix nmtki ended Jaae 91 «a a taraever $244.11 miIHM ($172.24 mllllM). The pareat cempaay laearred a aet Ims «f $357, Ml (preflt 9t $897^M).78 words
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Article27 1982-08-27 12 HARIMAU lavestmeatß has M—Mi that Its net taaglMe mm(i (NTA) per share m at Jaly n, baaed aa the green's ■waiitH acceaata, was $1.14 per tee.27 words
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Page 12 Advertisements
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Advertisement276 1982-08-27 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? Retirement is foreseeable, but death can strike a partnership at anytime. According to current mortality tobies, there is a one-in-five chance of a man aged276 words
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Advertisement437 1982-08-27 12 PROFITS FROM PURCHASING WORKSHOP ONE PURCHASING SUPPLY MANAGEMENT SKILLS Singapore, October 25 27,1982 This workshop is designed for those who have an influence on their company's profitability through their dealing with, or actual execution of, the purchasing function. WORKSHOP OUTLINE Purchasing Planning Control Systems and Case Study B Make or437 words
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Page 12 Miscellaneous
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Miscellaneous54 1982-08-27 12 OUTLOOK for Singapore today: Scattered showers. Beptrt for 24 hnn prtor to 7 M pm m Aig M at the alrpert: Maximum temperature 30.7 Associated humidity 63 Minimum temperature...— :.26.6 Associated humidity 96 Hours of sunshine 3.45 Rainfall in millimetres Trace Total rainfall for the month 151.1 Total rainy days54 words
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SHIPPING TIMES
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275 1982-08-27 13 CONSTRUCTION is now progressing at five major ports in the Chinese province of Jiangsu for 16 deepwater berths capable of accommodating vessels of 10,000 tonnes deadweight. The berths, expected to be completed before the end of 1965, will be capable of handling 15275 words
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490 1982-08-27 13 G DURAIRAJ - By G DURAIRAJ A SET of new policies aimed at enhancing the operations of Kuantan port, together with long term throughput projections and recommendations, has been presented to the Malaysian government. The government will discuss the draft final report, which was completed490 words
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PORTSIDES
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Article94 1982-08-27 13 TAIWANESE-BASED Teh Tung Shipping Company has signed a five-year lease with the Port of Orange in Texas for the use of a 15-acre repair facility. In addition, the company has purchased a floating dry dock from Todd Shipyards Corporation of Houston. Teh Tung operates some 4094 words
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Article79 1982-08-27 13 THE ITF made an operating surplus last year which exceeded its income from unions, crews and owners. The unaudited 1981 accounts, presented at the June Fair Practices Committee meeting, show the surplus at £5.23 million compared with income of £5.03 million. Welfare and back-pay settlements paid-up amounted79 words
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Article120 1982-08-27 13 STOLT-NIELSEN is to become a major bulk terminal operator within Canada through the purchase of Vancouver Wharves Ltd of Vancouver. The two companies have agreed in principle on the sale, which also includes a 50 per cent stake in Sea tank Ltd, the port's methanol handler. Vancouver120 words
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Article79 1982-08-27 13 A US$BO2.B million contract to supply 13 merchant ships for the United States' new standby defence task force is to be shared by three companies Maersk Line, Waterman Steamship Co and General Dynamics. Waterman will be providing three ships which are just delivered or under79 words
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Article717 1982-08-27 13 ■MUM Fa«e Cat Achipeierrave AMMUMT AJfm) CT Alltrua Alpac Upm AnttraShM APCUm AFL Argaattae ASCL ASLCont A*a Mordant AUuLIM Australian Goat BaH-Orteot Baltic Bangkok CDot BUTum" Bra Uar Btotuiu Contractor* Bii* Funnrt CAWTMC OCLte 0CN1 Otytoa Skf« China Nav China Ocean CMCR B Caan Goal Colombia Combo717 words
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Article753 1982-08-27 14 TBOBJIOpn: Tug/barge service 1 tugboat built IMS HP 550 and 1 barge 150 X sflk 10 built 1981 with coaming and ramp available (or regular service to Tan Jung Ptnang, Cigading, Merak and Dumai leaving Singapore end August. Vessels Per Sato: Le Goelo 2,260 dwt on 5.06 MTR753 words
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500 1982-08-27 14 THE PHILIPPINES' Maritime Industry Authority (Marina) cannot enforce the cargo sharing law on the country's export trade without violating provisions of existing laws calling for the simplifications of export procedures. This is the opinion of a number of legal experts interviewed by500 words
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Article1497 1982-08-27 14 ALL SECTORS of the freight market were extremely quiet on Wednesday with no new grain fixtures reported from the US but there were bookings from Northern Europe including 10,000 tonnes of wheat from Northern France to Corinto, Nicaragua in September at U5524.50 and 9,400 tonnes from Le Havre1,497 words
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478 1982-08-27 14 FDR first time In it» history, the Port of Antwerp last year topped seven million tons of containerised cargo. But along the coast one of Antwerp's main rivals, Le Havre, has seen a fall in box traffic. Although available figures are not comparable because they cover478 words
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201 1982-08-27 15 THREE Japanese companies Nippon Yusen Kaisha (NYK), Mitsui-OSK Line and Sankyu Inc have announced they will establish a new company in September to operate two vessels to be built Jointly by them for the exclusive transportation of industrial plant facilities, mainly to Saudi201 words
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Article406 1982-08-27 15 SOUTH Korea'* aggressive onslaught- on world shipbuilding shows no sign of abating over the next few years, according to a World Bank report. The country's shipyards have made enormous technological improvements in the vessels they build and will remain "very competitive" over the next few years, the406 words
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Article211 1982-08-27 15 rHE MAJOR shipping consortia operating between the Par East/Europe, Far East/Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container211 words
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454 1982-08-27 15 Reuter A 900,000 long dwt fall in operating world fleet at end July brought the total down to 252.4 million, shipping consultants H P Drewry said in their August shipping statistics and economics report. The scrapping of over 150 tankers above 10,000 longReuter - 454 words
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4198 1982-08-27 20 SCHEDULE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of4,198 words
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Article580 1982-08-27 21 CONTAINER TERMINAL RE< REIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Date/Time Operator Godowns FCL for LCL Movement Cargo Schedule Location Ever Loyal Takarl II X HKCont Ever Value Cecllle Maersk Ever Pioneer Maersk Mango Tambang VII HKCont Cecllle Maersk 01 Glory Ace Thana Bhum580 words
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Article1826 1982-08-27 21 The leading shipping lines operating from local ports and their agents. A B AeMpataga Shpg Singapore Shpg Corporation (S) Euro-Asia Line (PN KL PK). Hdrritk CnMmt Continental Feeder* (S), Cargo Freight (PK). AIUtA Singapore Shipping Corporation (S) Euro-AsU Une (PK PN). AIN-EVMii Line Transgroup Pte Ltd1,826 words
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527 1982-08-27 22 TOUGH ACTION to ensure that a fleet of seven allegedly rogue tankers conforms to international safety regulations has been ordered by the Liberian Commission of Maritime Affairs. The seven Greek-owned tankers are owned by a network of Liberian companies understood to be controlled by527 words
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Article484 1982-08-27 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Aldeba 25/26 OCShpg alongside 27.8.82/2300 Arboreous 8/9 Borneo alongside 27.8.82/1100 Bonastar 27 Llan Soon alongside 27.8.82/0700 Camellia 29/30 Worldwide alongside 27.8.82/2300 Cherry Jaya 28 Llan Soon alongside 27.8.82/1500 Fukuzaki Maru 18 CF Sharp alongside 27.8.82/1100 Golden Season484 words
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Page 13 Advertisements
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Advertisement297 1982-08-27 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. `_".|]%[/*}!<"\+,++.@|{.?(?:_*: I Orient Overseas I Co*vUjMeA Line FULLY CONTAMEXtSED SERVICE TO EUROPE (VIA SUEZ) Cjflmg297 words
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Advertisement339 1982-08-27 13 ESSEALORDU UASC UNITED ARAB SHIPPING CO SAG) i .hi U ill EXPRESS MULTI-PURPOSE SERVICES Jubari (28/9). Dammam (30/9). Kuwait (2/10). Doha (4/10). Abu Dhabi (6/10) Dubai (8/10) Dubai (16/10), Aba Dhabi (18/10). Damnum (20/10), Kuwait (22/10) Kuwait (27/10). Dammam (29/10), Aba Dhabi (31/10). Dubai (2/11). Mma Qaboos (4/11) FULLY CONTAINERISED339 words
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Advertisement687 1982-08-27 13 Companies Activities. Key Personnel. Agencies The Straits Times DIRECTORY Of Singapore (Buku Merah) MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS SaM 30-31/1 74/9 1 2 I 5-6/10 1/10 2/10 9/10 10/10 16/10 1 23/10 2 30/10 3 rr n •jWCAFORE CLOSMC AMES:687 words
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Page 14 Advertisements
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Advertisement675 1982-08-27 14 mum FAR EAST/EUROPE CONTAINER SERVICE k\ Contemner Service To Eur From Eur 1) Gtxi'g 2) Wharf 3) B'xn 4) IT ton 5) Lt H P Hettr* Spore •tor f Kate* Venal S pore 1) Mutes 2) Mam 3) Hburj 4) Gtmr| MM to Part KOBNGAR 31/S 15/9 20/9 21/9 23/9675 words
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Advertisement321 1982-08-27 14 I Y.S. LINE yAmashita-shinnihon line CONTAINER SERVICES USA/CANADA Pacific South WMt Pacific North Wast f*mb m n n mm vs. u/u om mm* va. kat «o ru Star? Ac* M M taNrl C.C fcMft 24/4 22/5 State 27/4 21/4 1/11 lata 2/9 3/4 5/9 AatM 1/14 4/14 L.t Mp J/10321 words
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Page 15 Advertisements
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Advertisement463 1982-08-27 15 The Straits Steamship Group f STRAITS SHPPING f UnQninn to jibih. jbti atafc. DvuKAI Q An j_L Drone* rons ana BMgKOR i OCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINfNT perus s&krstm ;ONT AINE RSHIP SERVICE FROM UK CONTINENT m sew m ibm *27 bdM« *17 IhW *17 Mmti463 words
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Advertisement639 1982-08-27 15 CHARTERING/CARGO SPACE AVAILABLE 1500 HP Tug 800 HP Tug 2 Units 210 ft. 50ft. 12ft. Barge M mute ptynf S parc i Monetun Maids ivafaMt immedutety PTE. LTD. T* M 7433 Tatti: PHANCO US ***** Franco Belgian Services 'f" 'i v b*» c Vrt \ce if hlu \)\an t:r rr.639 words
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Page 16 Advertisements
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Advertisement586 1982-08-27 16 I 10 CONIMNT I* City M [Mw T*i(vtn KMriMUbf Card,a«Bay 73 9 25'9 1/10 3/10 7/10 9/10 It/10 70/10 23/10 75/10 4/11 6/11 EXPORTS i 27/9 28/9 30/9 5/10 6/10 8/10 11/10 12/10 14/10 22/10 23/10 25/10 27/10 28/10 30/10 9/11 10/11 12/11 Aho accepts transNpment cargo lot CAROBEAN WEST586 words
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Advertisement289 1982-08-27 16 KUU* imrfttf csf«*rio» AGENTS: STORE CROWN MMK CO (PTE) LTD TEL: *****44 (4 Lain) TERMWAL OFFICE *****25. *****71 SUB-AGENTS: P KELMC PERK AP ALAN GUNONG TMOR KL TEL: 7230W/P*. *****0. *****9 PENMK MTERNATKMAL SHPPMG AGENCY TEL: 3C1753 341(43 *****0 4> c n an tlj ml/ as pi j —%J I289 words
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Advertisement433 1982-08-27 16 ©EVERGREEN LINE FAR EAST 'FUROPf CONTAINED SERVICE Aconac rat la cmgo for scr m a w iu km mm im C»w (Mm bM IV) 17/9 11/1 21/1 22/1 im L»|t 3/14/1- 2S/1 27/1 M/l l/M 2/M {wrier* 11/1 14/1 Ml VII 7/11 11/11 12/11 nso icctFTws ia/ra i ra/ra to433 words
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Advertisement1093 1982-08-27 16 Everett Lines I a m Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON Sp»» P Keiant Poaum m m s/i w HTMTAOTWA j/u Sept 12/15 Sept C/ 7 Sept W6MI 14/17 Sept myomiyma 21/21 sept BFSSC Agents m Motoysio BOUSTEAD SHPP*<IG TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG1,093 words
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Advertisement327 1982-08-27 16 SI NOSE MARITIME PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE HAXKAISAN MARU OCEAN TREASURE At DEM PAZ ESTREUA MfYAQ MARU OASIS FRMCE TASHO MARU MAT SKY OCEAN RESOURCES JASA KOYUMARU KUALA LUMPUR PORT KELANG PENANG m SMOSE MMIIM PTE lip TU *****44/7 *****70 EAST ASM SMTfMG SON BHD Til *****4 444327 words
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Page 17 Advertisements
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Advertisement859 1982-08-27 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEODAH AQABA (Reefer Cntrs Acceptable) AQABA I COLOMBO EAST AFRICA/RIDS£A SERVICE KOTA DEW A V-£-J®s KOTAMAJU VE-397 D'Ulmmi, HofnstM KOTA MAMA v.e-»i KOTA SELAMAT VI. MJ KOTAJATI V.E-3M 12/1S Sopt 10/15 Sopt 2*/aos«pt COLOMBO/KARACHI/P. GULF SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES KOTA ANOKABA. KOTA RATNA. Rangoon,859 words
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Advertisement823 1982-08-27 17 BEN LINE CONTAINERS ro oman OmShr chess contmo soma to/from europe HMC B'HAVCN ROAM HA*f t*nlN S ton f Ma* W German, MM n/t 17/9 v» v» an 11/1 IVI vio ivi nn ivi* a/i a/i ii/ii vu vu a/a IVM IVIO 1/11 21/10 2 VII 14/11 BHAVIN ROAM Antra823 words
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Advertisement747 1982-08-27 17 Scan Dutch Q WEEKLY EXPRESS CONTAINER TO MED/UK/HC/SCAM SERVICE jffl 7 i\ f\ 7 9\ |i Spare 14- 31/1 ISa ?)»daai 3)Nb«r|4)Ck»| a/9 21a nn torn* BKunat miokaa*- i»/i n>/9 21a 21a kPart inn I nmca recuse aa won 71 n 2«/» »/i 3 MIM 7Z£ S/» IKD Kin »V747 words
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Advertisement615 1982-08-27 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT CORABANK CLYDEBANK SPORE R'DAM HULL HMBG 5 Oct 31 Oct 3 Nov 7 Nov 30 Nov 27 Dec 30 Dec 4 Jon Lines U S. GULF WRECT SERVICE ('New Orleans, Mobile, Houston, Galveston) U.S. WEST COAST SERVICE (Also accepting Cargo615 words
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Page 18 Advertisements
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Advertisement1387 1982-08-27 18 K I K LINE KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE Fißonsa stok Mono vessel tokyo mm s-vnah si km H PWKIfII MPt NEW KRSEY MARU V 62 20 Sept It Oct 16 Oct I BRCGE V 9 3 Sept VERAZANO BMOGE M 21 Sept 23 Oct 2 No. 271,387 words
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Advertisement513 1982-08-27 18 CALFORNM/PACfK MOT NEST SUVKE EXPRESS CONTARKR/REEFU SUVKE M*R Iw. UB Win. SMI FMKBCa SEATTLE. TKOW. —COWEI. IX kaplN Fa/fa Mmi r L |Od" AUSTRALIA EXPRESS CNTAKI SUVKE itMKNFci/ra fiKitini P Mmi S>m M M Sd ta Kapb r ns* H/nsm ion iooct itoct i« *r zi oh 22/23 oa ;nm513 words
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Advertisement563 1982-08-27 18 KORINS MARITIME SERVICES PTF LTD p Keiang Tei *****1 MIDDLE EAST/RED SEA/EUROPE SERVICES BfYANG NO. 15.. GUNONG TAHAM.. DONG NOON Spare Loadni .In Part Bandar 10 S«pt Bandar 12 S#pt kddah Loadnf Far Bandar Abbas/Bandar Khometi Hyundai' Shipping Co. lid. ASIA MERCHANT MARINE Htm CHANCE. ASIA EEHO ASM NO. 15......563 words
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Advertisement686 1982-08-27 18 V INTRASEA (PTE) LTD. Suite 2616 Internal onai Ptaza Anson Rd StntMjw,. 0207 Tel ***** 1 i (10 Lines' BREAKBULK SERVICE TO EUROPE/UK S'para P. KataagLeadtag tar MBON ***** 21 Am 31 A* BOU.OGK/RDAM/UK (AVON) HAKTrt OOf Y BSOIS I Sapt 17 Sept da Vfsssl Lttdbif it KiU UhMu Halpac686 words
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Page 19 Advertisements
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Advertisement594 1982-08-27 19 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): C CONTWNER 17W. N GARNET 11W MERCATOR 27* K JACEJM 16* TW BHDGE 12* C RO2E 31* Also accepting cargo to/from Scandinavia N GARNET S'pore Closing Times: FCL Cargo LCL Cargo 0300 1/9 15C0 31/8 FROM EUROPE (VIA SUEZ) HK CONTAMER594 words
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Advertisement535 1982-08-27 19 MALDIVE LINES eta eta eta SPORE KUANTAN PORT KELAM MALDWE GRACE In Port Sailed Loading For Jeddati MALBWE NAVIGATOR 30/8 3/9 29/8 Loadmg For Dubai IMLMK NPORTIR 5/9 L. Loading For Male MRLDNIE PIONEER 27/9 TAWAU Loading For MUSCAT Sailed MAIM* PRDC 10/9 Loading For MUSCAT/DUBAI OAMMAM/KUWAIT MALOIVC PREVUGE 10/9535 words
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Advertisement1051 1982-08-27 19 Page V SINSOV SINGAPORE SOVtT SWUNG CO PRIVATE LTD S*SOV Sbett Smfaporc 0104 Tekphom Numbers *****3 (15 Laws) CMe Atoess SMSOV SINGAPORE Tdei Numbers RS ***** RS ***** RS ***** f KELAMG POUMC */S SHMKAT MN SOON SON. M>. IST AND 2ND FLOOR. MESSRS HM THONG SHPPMC 23 Weld ftu,1,051 words
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Advertisement92 1982-08-27 19 W MION MAT SHIPPING PTE LTD 1905 I 1906, 19th Fir. Shcnton House 3 Shentwi Way Spore 0106 Tttephont *****88 (5 lines) i *****35 T«to RSJ6I39 SRSHP COIN SOMCES TO CAST MALAYSIA T N r Si V- Z£M 7tk ¥I—r, MNB Building, M R«Miami RMU, Slagaptrf 111 Tel: *****2S (592 words
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Page 20 Advertisements
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Advertisement598 1982-08-27 20 S S C (iroup SINGAPORE SHIPPING CORPORATION PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 VARKET;NG *****2 13 L GENERAL 9131 11 f22 LINE Si TELF* RS ***** RS ***** A 8 CARSHIP •CA 0 LE CARGOSHIP l(c<|i«iial Container Lines 2 SAILINGS A WEEK to/from BANGKOK BERTHING 1300 HRS EVERY598 words
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Page 21 Advertisements
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Advertisement185 1982-08-27 21 C.Y.Line CHO YANG SHIPPING CO.. LTD. f*UUY CONTAIOtSa) SOWC£ TO EUWPE («M SUEZ) I Snr« M4m( I Hint RDm P »t»« MWt Bum t'H| KPTIME CMftT 11* 2/9 3/9 21/9 22/9 24/9 21/9 29/9 mCATW 219 1/9 9/9 27/9 21/9 31/9 2/11 3/11 5/11 KOREAN MCEM UN 13/9 U/« 2/11185 words
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Advertisement225 1982-08-27 21 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG MNI.SP <•( I N SHIPPING PT[ ilO 1119 Mortd I'jflf Cent'* Man'm* Squief S iax' o*o9 111 ***** Trt ?73«II! R»r ?73b3«l ?n%3«? mSI MM mi* HS H M Sdn BM *1 TH *****3 4860?/ Pt KH Tw *****6 111 3971S P»njn{ Ifl *****8225 words
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Advertisement313 1982-08-27 21 sates INDOGULF FREIGHT SERVICES TEL: *****00. *****01 TELEX: RS ***** INDGUL TROPIC ISLAND SHIPPING CO. (PTE) LTD. 601-602. 6th Fir S:n Che/. Jit Poh Bldg Singapore 0208 WEST AUSTRALIA SERVICE s>»* SIM *S n Accaptnf lM| tai* urfwt md HurjWh 19 to 75 torn fm tnmt. nxtn t«h tumi reco313 words
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Advertisement132 1982-08-27 21 FARGO SHIPPING COMPANY (PTE.) LTD. FULLY CONTAINERISED CARRIER SVC HONGKONG ISLANDS LINE (AUSTRALIA SVC) VESSEL SP MOTHER VSL STO MEL N* BM Cam 13 4/9 Pert Hand *24 4/10 13/10 20/10 13/10 Carrier VI IS/9 Wand Contamr 825 15/10 22/10 29/10 27/10 Carrier n 27/9 Moi Wand 125 31/10 t/11132 words
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Page 22 Advertisements
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Advertisement369 1982-08-27 22 AVf ANTARA SHIPPING SDN BHD No 36 lAI AN BfRANGAN Ptl ABUHAN KEIANG THE* Mfl W6IS MAWAR EXPRESS RO-RO/VEMCLE CNtRD SERVICE TO E. MALAYSIA PJtELANG AKTARA W/«2 SM MfTARA V:7/t2 1/9 AHTMtA V J/«2 12/9 MTMU W/«2 23/9 (Otter ports suttee t to udneemtnt) LOADMG FOR: Kwk/n Kadi/IU K«dt/KK Ruck/UK369 words
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Advertisement309 1982-08-27 22 MAGNA MARINE LINES :v 1 *'i »'j i, TO t FVQM SOUTH AHHCA WESTBOUND SERVICE MV BESSANG PASS WOT Mil (BIT 1975) •tDOUL VALUES VOY M-15 ■mi mi mm MAGNA VOY M-17 LOAOMG R. KWABAIU SMGAPORE PT. KELANG LOAOMG FOR SID REUMON. TAMATAVE DURBAN/PL CAPETOWN 3/9 5/9 do 30/5 25/9309 words
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Advertisement585 1982-08-27 22 HAJ SHIPPING SDN. BHD. A| AS bAiJAh if Ml HH ANT, T fi WW:* lf«l%t, MM* Ma hAjv# HAMDAH V: 7/82 (MMDAHV: 8/82 HAMDAH V: 9/82 •HAYATI V: 12/12 •HATATI V: 13/12 •NAVATI V: 14/82 PENANG P. KELANG Loading for ETA ETO ETA ETD 5/5 7/5 KUCH, SRJ 17/5 15/5585 words
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Page 22 Miscellaneous
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Miscellaneous154 1982-08-27 22 i e n Regional Weather i I m m V. ifis 91 w £2 m BT£> IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Temperature Weather C O m Wind direction with speed in knots Wave height Snrfaee wlads an ladleated by arnwi which fly with the154 words
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