The Business Times, 3 September 1982
1982-09-03
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The Business Times
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Title Section10 1982-09-03 1 BUSINESS TIMES M.C.(P) No. 93/1/82 FRIDAY, SEPTEMBER 3,1182 60 CENTS10 words
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503 1982-09-03 1 LEE YOKE MENG - By LEE YOKE MENG THE pattern of local insurance demand is showing some signs of change. One indication of this is the slow, yet encouraging, growth of the consequential loss policy. This policy insures a company against a loss of business arising from such incidents503 words
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Article109 1982-09-03 1 AP SLUGGISH world trade and production, growing unemployment and a crisis of confidence in the international financial climate translate into the worst international economic situation since the *****. In a summary of developments during the last 20 months, the General Agreement on Tariffs and Trade, the internationalAP - 109 words
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553 1982-09-03 1 BERNADETTE CHOOI - By BERNADETTE CHOOI LOW housing loan rates posted by Credit POSB in recent months have attracted a significant jump in the number of applicants. Since January, when the second phase of the CPF's residential property scheme started, the number of applications has tripled. Mr553 words
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485 1982-09-03 1 KOH TSE YING - By KOH TSE YING THE productivity of Singapore Airlines employees in the operational areas compares poorly against the industry average. This is the conclusion made from a joint survey carried out by 19 airlines. The result of the survey is published in the latest485 words
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309 1982-09-03 1 JAPAN'S Tokyu Corporation group is expected to invest $750 million in Singapore in the next five years in the property, hotel and retailing business. Through Tokyu Land, the group is now scouting in the main business district for "government auction land" for a 1400 million309 words
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BRIEFLY...
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Article79 1982-09-03 1 AFP IRAN is offering to insure oil tankers using Iranian ports to the extent of one per cent of the value of the vessel and its contents, a senior oil ministry official said in Teheran. The insurance offer follows the recent tripling by London insurers of their warAFP - 79 words
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Article41 1982-09-03 1 AFP IRAN has cut its rate for light oil from US$29 to $28 a barrel, the Financial Times of London reported yesterday. The move was designed to encourage buyers to defy the Iraqi blockade of its Kharg terminal.AFP - 41 words
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Article81 1982-09-03 1 UPI BRITISH, French, West German and Italian officials will meet in Britain today to discuss a common policy on President Reagan's sanctions against companies selling pipeline equipment to the Soviets, the British Foreign Office said. Plans for the talks were announced after Mr Reagan's trade representative WilliamUPI - 81 words
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Article73 1982-09-03 1 Reuter THE Israeli Government has rejected a new American Middle East peace plan because it was certain to lead to the establishment of an independent Palestinian state, Deputy Premier David Levy said. Emerging from a special Cabinet session called to proposal by President Reagan Mr Levy said: "TheReuter - 73 words
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Article77 1982-09-03 1 Reuter BRITISH Prime Minister Margaret Thatcher should amend the British Nationality Act to create confidence in Hongkong's future, former Labour foreign secretary David Owen said in Hongkong. Dr Owen, on a three-day visit to the British colony, told a private meeting of businessmen on Thursday that the actReuter - 77 words
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Article59 1982-09-03 1 AFP ONE of the worst droughts on record is expected to cost Australia about A 52,200 million in lost agricultural production, Prime Minister Malcolm Fraser confirmed. The figure was a National Farmer's Federation (NFF) estimate and the NFF said: "The current drought now ranks with the worstAFP - 59 words
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Article99 1982-09-03 1 Reuter A SENIOR official from the Cuban central bank will arrive in Japan next week to start talks on rescheduling long-term loans from Japanese banks falling due before the end of 1985, Japanese bankers said. Cuba's requests would be studied carefully since any assistance to Cuba couldReuter - 99 words
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211 1982-09-03 1 LOCAL atoekhraklag firm Lyall and Evatt (Pie) ku iiMteed eampater chart service to complement (to fnndamen tal research facilities. Called Ike L ft E Technical Service, the firm has came np with a cam pater technical reeard sf the Stngftpare stock mnrket tram 1773 to211 words
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461 1982-09-03 1 JOHN LIM - BY JOHN LIM EMPLOYERS in Singapore want the current emphasis on productivity to be extended to cover technology and management services. The Singapore National Employers' Federation (SNEF) said this yesterday when commenting on its submissions at the Aug 11 meeting between the461 words
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Page 1 Advertisements
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Advertisement250 1982-09-03 1 IISS Law of the Sea Conference and Eihibition 17-19 March, 1983 World Trade Centre, Hall 3 Organized by pf Cahners Exposition Group S.A. VIM TEL: *****45/6 KMIOG FOREIGN exchange analysts in Japan are reporting growing difficulties in forecasting yen trends Page 2 MEXICO has nationalised all private domestic banks to250 words
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Advertisement46 1982-09-03 1 BALLY of Switzerland 4 f 1 S Authorised dealers Bally Boutique, Holiday Inn, Scotts Rd C E Building, Orchard Rd.. Pavillion Inter-Continental. Cuscaden Rd Itetan Have lock. Havelock/Outram Rd., laetan Orchard, Liat Towers, Orchard Rd.. Rotrinaon, Specialists' Centre, Orchard Rd Sole Agent S.G. Parrett Son Singapore46 words
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Advertisement111 1982-09-03 1 Minolta copy quality. With reduction. Interview Pages 8 9 STAR ASIA. presents the IN-thing for Singapore 1 business Hitachi < Facsimile Machine. f fi» r— 7 r Save with Hifax An A 4 size telex of 2,000 characters takes 5 mins. to transmit. HIFAX takes only 20 sees 40 sees.111 words
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BANKING AND FINANCE
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574 1982-09-03 2 Reuter FOREIGN exchange analysts in Japan are reporting growing difficulties in forecasting yen trends, a task which until recently was fairly easy. In the past, watching the current account payments balance closely and following other economy-charting indices were enough to predict the currency's course,Reuter - 574 words
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521 1982-09-03 2 Nmbar JiIKBCJuVt Gross kmm1 Marat af fays MMahto 1 MMPM Ibtaty VaarRafaM Rait (JMfcO Payamt at Acawd (tidudnf YtaM P) Dates Marat KCIUM Marat) <%pa) 1.3.83 Loan 1 1973 •5H 10.24 1/3. 1/9 183 •100.70 •3.96 15.3.83 1977 -5 40.00521 words
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137 1982-09-03 2 Reuter AMERICAN Secretary at State Gearge Skaltx has Mid the best interests ti the U8 aad Its allies are served nw by net declaring Palaad in detealt sf Its debts to the Wert. His letter te Caagreas was la respsase to a reeeat lawReuter - 137 words
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217 1982-09-03 2 Reuter JAPANESE Prime Minister Zenko Suzuki said the finance ministry is studying ways to convert part of the deficit-covering national bonds maturing in and after 1965, instead of redeeming them all as planned. The ministry is expected to come up with a plan shortlyReuter - 217 words
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132 1982-09-03 2 BANK of Japan governor Haruo Maekawa has ruled out the possibility of a cut in the Japanese discount rate at present, saying such a measure would adversely affect the yen's exchange rate. The Japanese bank rate was last changed in December 1981 when132 words
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Article478 1982-09-03 2 Reuter THE Argentine central bank has ordered a steep rise in government-controlled interest rates. The move was widely seen as a break with the radical economic policies of former economy minister Jose Maria Dagnino Pastore and his central bank president, Domingo Cavallo, who both resigned lastReuter - 478 words
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MONEY AND EXCHANGES
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Article476 1982-09-03 2 THE US dollar eased slightly against most of the major currencies yesterday on lack of support. Trading was thin with little fluctuations. Against the local dollar, the American currency opened at 2.1460/80 and was traded to a low of 2.1440/50 before closing firmer at 2.1460/70. takrtMk hiwii rata*476 words
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Article22 1982-09-03 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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Article175 1982-09-03 2 ASIAN ASIAN currency deposit interbank rates as at close on Sep 2: US D*ilar*48pot) Offer BU 7 days 119/16 117/16 1 month 11H 11H 2 months 1111/*****/16 3 months 1113/*****1/16 6 months 1213/16 1211/16 9 months 13* 13 12 months 135/16 133/16 Das. SwJfs. 1 month 3 months 6 months175 words
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Article43 1982-09-03 2 RANGE of prices often ed by discount houses oa Sep 2: Ovenight: >*4* Call deposits: 3H% Cissimx 3-month Treasury bills 3H 3M 3-month Bank bills 7* 3 months CD 713/16 7 11/16 0 months CD 81/16 7 19/16 Source: National Discount Co43 words
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Article351 1982-09-03 2 GOLD futures in Singapore yesterday closed generally firmer on local and European buying in moderate trading. The firmer trend was supported by news of mounting concern over the health of the international hanking system, with Mexico's bank nationalisation a further cause for unease. Total sales for the day was351 words
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Article27 1982-09-03 2 New York 7.788 unav 7.85S Zurich 7.80B 7.S0S Singapore WW IVH 7.75B 7.85S Closing prices tat US dollar* a troy ounce. Source: Credit Suisse, S'pore.27 words
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Article141 1982-09-03 2 THE US dollar In Hongkong yesterday eased against major currencies in fairly active late trading, dealers said. General market sentiment caused the downturn, they said, but disagreed on whether there was profit taking. News that Mexico has declared the dollar illegal tender had little impact on rates. The US141 words
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Article55 1982-09-03 2 THE dollar in London yesterday opened around its New York closing level, below Wednesday's close in London despite the higher opening of Eurodollar deposit rates. Opening quotes yesterday: US -1.7285/95 Can 2.1317/32 Cross —1.2374/77 D Mk 4.2825/75 D F1 4.6800/50 S FY 3.6500/50 B FT coo 82.08/19 F FT55 words
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Article105 1982-09-03 2 THE DOLLAR for overnight delivery in Tokyo yesterday closed easier at 258.30 yen from the 258.50 opening, after fluctuating between a high few the day of 258.80 and a low of 257.65 yen. This was below the 258.45/60 finish in New York overnight and the 259.25 close in Tokyo105 words
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Article114 1982-09-03 2 THE US$3OO million syndicated loan to glass manufacturer Australian Consolidated Industries (ACI) will carry an interest rate of Vi per cent above the London interbank offered rate. The loan, lead managed by Dresdner (South-east Asia) and Hambros Bank of London, will be for a114 words
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Page 2 Advertisements
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Advertisement117 1982-09-03 2 UmUl Congratulate Emhart Industries Pte Limited on their Official Opening Towards Maximum Productivity ■M V 5r mgs* r- t ttMm V ,T •"TAB The compact Hitachi Seiki vertical machining centers are developed to meet the most demanding production schedules with optimum efficiency. Downtime is cut down to a minimum with117 words
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Advertisement31 1982-09-03 2 |PTE| CHARTER SERVICES sfa 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.31 words
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Page 3 Advertisements
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Advertisement236 1982-09-03 3 Ushering in a new era in office chairs DIE THE LM introduces the Swissline Zucomat range of office chairs for better sitting. Because how you sit may lead to tiredness, muscle fatigue and back ailments. And definitely undermine your work efficiency. The Swissline Zucomat effectively deals with all these problems.236 words
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OVERSEAS
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699 1982-09-03 4 MEXICO hat nationalised all private domestic banks, imposed foreign exchange controls and ordered banks to close until Monday to stem a massive flight of capital which has left the country virtually bankrupt. The sweeping measures were announced by President Jose Lopez Portillo in699 words
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175 1982-09-03 4 Reuter THE WEST German government on Wednesday agreed to underwrite 1.1 billion marks (US$44O million) of credits to help save AEGTelefunken, the country's second largest electrical manufacturer, from bankruptcy. Economics Minister Otto Lambsdorff said the credit guarantee should stabilise the firm,Reuter - 175 words
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522 1982-09-03 4 UPI THE US will propose that the International Monetary Fund strengthen its emergency resources to help in any international economic "crisis", US Treasury Secretary Donald Regan said. The proposal is to be presented "informally" during the 37th Joint annual meeting of the World BankUPI - 522 words
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194 1982-09-03 4 AP THE Internationa] Monetary Fund (IMF) says the inflation rate for industrial countries was 7.9 per cent in the second quarter bf this year, well below the first quarter rate of 9.7 per cent. It put the second-quarter rate in 1981 at 9.7 perAP - 194 words
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Article737 1982-09-03 4 ARRIVALS Service Local Operator Number Time From MAS MH671 1020 KUL SIA SQ201 1030 HLP CPA CX710 1035 HLP SIA SQ103 1035 KUL MAS MH811 1040 PEN GIA GA960 1100 HLP SWR SRI 76 1135 ZRH/BOM THAI TG403 1140 BKK SIA SQI91 1140 PEN GIA GAMO 1145737 words
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556 1982-09-03 5 Reuter PRESIDENT Reagan has moved to prevent a serious breach with his European allies by softening sanctions against companies aiding construction of the Soviet gas pipeline to western Europe. Last week the Commerce Department barred exports of all US products, services and technology to aReuter - 556 words
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135 1982-09-03 5 AFP THE "fiscal emergency" declared by Japanese Finance Minister Michio Watanabe could seriously threaten Prime Minister Zenko Suzuki's position. Mr Watanabe said on Tuesday that with a projected budget deficit of five to six trillion yen for this year, Japan is in a state ofAFP - 135 words
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431 1982-09-03 5 UPI THE US Federal Trade Commission has urged the International Trade Commission to act cautiously in deciding whether to approve duties on steel imports. It warned that an erroneous decision could cost the American economy up to US$4BO million yearly. While not takingUPI - 431 words
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308 1982-09-03 5 UPI THE French government has approved a draft budget for 1983 which reflects the Socialist-led regime's new determination to reduce spending and protect the twice-devalued franc. The new budget will be a far cry from the lavish spending on welfare that drove upUPI - 308 words
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766 1982-09-03 5 Reuter THE Congressional Budget Office said the deep US recession has hit bottom but said it was not clear yet whether a recovery had started. The non-partisan budget forecast group said it still expected an upturn to start by December butReuter - 766 words
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300 1982-09-03 5 Reuter WEST German Chancellor Helmut Schmidt has made an unprecedented public attack on Economics Minister Otto Lambsdorff, casting serious doubt on the future of his coalition government. Government spokesman Klaus Boelling said Schmidt expressed astonishment and irritation during a cabinet meeting on Wednesday atReuter - 300 words
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223 1982-09-03 5 THE number of corporate failures in the United States surged last week to the highest level since the depression year of 1932. Dun and Bradstreet, a business information firm, said 696 US commercial and industrial concerns were forced to close or reorganise in the223 words
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514 1982-09-03 6 Reuter, AFP THIRD World textile exporters plan to campaign within the General Agreement on -Tariffs and Trade (Gatt) for an end to an international i pact limiting their sales to :> industrialised countries. 1 Senior Third World diplo- mats, meetingReuter,; AFP - 514 words
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355 1982-09-03 6 UPI, Reuter REFLECTING the global '''recession, Japan's export n contracts concluded in August dropped to the lowest In almost two years. The Japanese Finance i] Ministry and the Bank of Japan reported yesterday that export letters of credit opened in August totalled ♦"U557,297 billion,UPI,; Reuter - 355 words
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200 1982-09-03 6 NYT LLOYD'S of London, the world's largest insurance group, is preparing for a huge drain on its resources from damage awards to victims of asbestosis. the crippling lung disease linked to the mineral. Lloyd's said last week it is piling up reserves to beNYT - 200 words
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399 1982-09-03 6 Reuter OPEC is anxiously watching Britain's oil pricing intentions after several oil companies suggested this week that North Sea prices should be cut on Oct 1 by about US$l dollar a barrel. Well-placed industry sources, confirming that the companies formally asked forReuter - 399 words
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175 1982-09-03 6 Reuter LOWER oil demand in the recession-hit world market is expected to reduce the hard currency earnings of the 13 Opec countries by US$l4B billion in 1982. Opec secretary-general Marc Nguema said He said Opec should evolve long-term policies to protect itself fromReuter - 175 words
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Article251 1982-09-03 6 Reuter PRESIDENT Reagan, laying out the first full-fledged American plan for a broad Middle East peace, has called for Palestinian self-gov-ernment in the West Bank and Gaza Strip in association with Jordan. In a hastily scheduled televised address, Mr Reagan ruled out both an independent PalestinianReuter - 251 words
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312 1982-09-03 6 AFP HONGKONG customs officers last year seized millions of dollars' worth of counterfeit goods passing for well-known brands of fashionwear, accessories and watches. A Hongkong government announcement yesterday said that in the year to March 1962, customs officers seized HKJI7.S million worth ofAFP - 312 words
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272 1982-09-03 6 Reuter POLAND'S martial law authorities have signalled a new crackdown on dissent following street clashes in which three people died. Official sources said the death toll in demonstrations throughout Poland on Tuesday had risen to three with the discovery of the body of aReuter - 272 words
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WORLD IN BRIEF
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Article563 1982-09-03 6 Agencies. PROSPECTS for an Arab summit in Morocco next Monday remain dim despite a denial by the Palestine Liberation Organisation that it had asked for a postponement. Arab foreign ministers decided last weekend to convene the summit in the city of Fez on Sep 6 to map outAgencies. - 563 words
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Page 4 Advertisements
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Advertisement183 1982-09-03 4 POSB-plllS- CPF Housing Loan Package in town CALL 221-9522 w 'mt\ •> *.V 7 21 w w m f n <MS housing LOAN mt FVJN l> SOA^ rrMIHAt D R\JV $fs&l UV: .^'.o/ it rcc i t s'#u f\* k t ofl pA r^ T ,n K A-otr N.N X183 words
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Advertisement9 1982-09-03 4 \>vr Ist class hotel in USA. ONE "DOLLAR ANIGHT!9 words
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Page 5 Advertisements
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Advertisement195 1982-09-03 5 V. Id _n_ The day goes. And .you're still sitting pretty. swissuNE zucomat Thank you Swissline Zucomat. Relaxed and refreshed, time passes easily. And productivity increases. How you sit is the secret. With the Swissline Zucomat range of office chairs you have got everything going for you The unique synchromechanic195 words
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Page 6 Advertisements
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Advertisement164 1982-09-03 6 Editorial... page 19 > I" I. Qantas.The only daily one-stop flight toLondon. Every day, in every way it's unbeatable. The 747 Qantas Express lifts off for London every evening, every week of the year. As scheduled. So you arrive at Heathrow early the next day. And without a fuss. That's164 words
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Article738 1982-09-03 7 SEMINARS AND COURSES Sep 1-Oct 5: Sales Management (Marketing and Sales Management Programme), 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, NPB Sep 6-10: The Role of the Supervisor in Productivity Improvement and738 words
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TRADE AND INDUSTRY
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265 1982-09-03 7 SINGAPORE Airlines is investing |4 million in new software packages to upgrade its on-line reservations and departure control system (IPARS). This was disclosed by managing director George Chan at the airline's 16th Group Business Meeting recently and reported in the latest issue of265 words
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691 1982-09-03 7 WONG MAI YUN - By WONG MAI YUN TWO Singapore companies have teamed up with an American company to set up a video and computer magnetic tapes factory here early next year. Intervideo Pte Ltd, which was formed in March this year, will initially invest691 words
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381 1982-09-03 7 JOHN LIM - BY JOHN LIM THE Commercial and Industrial Security Corporation (Cisco) is planning to reduce the number of guards deployed at factories throughout Singapore. It will embark on an exercise over the next few months to get clients to switch to its electronic alarm381 words
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232 1982-09-03 7 ESSO Singapore will be spending $250,000 on a threeyear supervisory training programme to teach supervisors the finer art of "man handling". The programme, which started at the beginning of the year, has so far involved 100 participants. It is designed to train supervisors232 words
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316 1982-09-03 7 WITH the entry of Intervideo, Singapore is expected to produce a total of about 108.5 million metres of video tape per month by early next year. This is equivalent to about 434,000 three-hour video cassettes. The output will be even higher316 words
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Page 7 Advertisements
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Advertisement261 1982-09-03 7 Anatomically -designed backrest to prevent muscle strain and aches. The large solid frame ensures stability even under extreme loads. Handwheel for adjusting the height of the backrest A special coil spring supports and relieves the gas-spring, extending its durability. Zucomat's gas-spring cushions on sitting and ensures smooth height adjustment. This261 words
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Article, Illustration4098 1982-09-03 8 MANO SABNANI, CHOO AI LENG - An exclusive Business Times interview with the directors of the stockbroking firm of Lyall and Evatt Stockbroking is a cyclical business. Every boom is followed by a bust. The 1980/81 boom which saw the stock market rise to unprecedented heights attracted a number4,098 words
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Page 8 Advertisements
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Advertisement104 1982-09-03 8 would you like an office in Ocean Building For immediate occupation right in the heart of town, please call Foong Kok Meng, telephone *****1 X 111. Ocean Properties Pte Ltd (A member of the Straits Steamship Croup) Salomon Brothers Inc is pleased to announce the relocation of its Hong Kong104 words
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Advertisement111 1982-09-03 8 4 6 The Asian Journal is an invaluable source of information." Mr Kenneth E. SeLzer Manager, Far East Operations Taiwan/Singapore CTS Corporation Taiwan THE ASIAN WALL STREET JOURNAL. Asia's Business Daily Printed in Singapore Daily delivery Monday through Friday d One year for Ssl9o 26 weeks for Ss9B 13 weeks111 words
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Page 8 Miscellaneous
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Miscellaneous628 1982-09-03 8 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Soldier with various papers (6) 7 Punch to go with superior meat? (5-3) 8 Ceramic hat? (4) 10 Finished by many a wrong dose (6) 11 Sin like a man (6) 14 Obtained from Gothenburg < 3 > 16 More than satisfies Tessa somehow628 words
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Page 9 Advertisements
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Advertisement166 1982-09-03 9 n n nJ tLGVO 85 better ways to get down to "business. All designed to make sitting down to work a real pleasure. Swissline Zucomat is flexible for all applications. Different working conditions require different sitting positions. Swissline Zucomat ensures better sitting everywhere in accordance with all organisational, ergonomical and166 words
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Article532 1982-09-03 10 THE Multi-Fibre Arrangement (MFA) does not work and should be abolished. That much has been clear for some time. Indeed, the reservations expressed when the MFA was introduced in 1974, mostly concerning restrictive trade and varying interpretations on each side, have proven justified by events. The MFA is532 words
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Article, Illustration889 1982-09-03 10 CANUTE JAMES - Jamaica's partners in the Englishspeaking Caribbean community are accusing the island ot unfairly damaging their trade interests, reports CANUTE JAMES. CANUTE JAMES FT A TRADE war is brewing between the larger members of the Caribbean Economic Community. The quarrel pits Barbados and Trinidad and Tobago againstFT - 889 words
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514 1982-09-03 10 MONTE HAYES - By MONTE HAYES AP ONCE again hard times have braagbt Marina Garcia, a M-year-eld bsaaewlfe, to Meato de Pledad, a gevernmeat pawnsbap la dawatowa Mezlee City that Is the peer maa's baak far mlllieas here. She says she docsat aaderstaad macb absat Mexleo's worstAP - 514 words
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Page 10 Advertisements
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Advertisement162 1982-09-03 10 If you want to reach manufacturers, exporters and importers. then Shipping Times is the right advertising medium for you It you're a freight forwarder or in anyway connected with the ship ping and cargo business, Shipping Times has |ust the space tor you You'll be reaching a very select group162 words
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Page 10 Miscellaneous
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Miscellaneous896 1982-09-03 10 TiVfiSR'Aul'O Future of Hongkong ON Jue SI, 1*7, Heagkeag aa* the New Terrlteriee are dee to revert to Chlaa alter IK yean at British rale. •edaUsm ee-exftrtf What arraagemeate have heea made by the CUaeee Cemmaaiet Party*» 12th aarteael c eagres* which started ea ill will Margaret will he a—weted896 words
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Page 11 Advertisements
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Advertisement65 1982-09-03 11 t0 METROPOLITAN BANK (Manila, Philippines) (A Universal Bank) on the occasion of their 20th Anniversary, marking two decades of continued growth and service in international banking. PAN-METRO CREDIT PTE. LTD. 10-301. Merlin Plaza. Beach Road. Singapore 0719. Te1eph0ne:*****42 Telex: R*****2 PANMET• Cable: PANMETRO (Effective October 1,1982 our office will be65 words
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Page 12 Advertisements
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Advertisement76 1982-09-03 12 to <dt± METROPOLITAN BANK CSsi AND TRUST COMPANY (Manila, Philippines) (A Universal Bank) on the occasion of their 20th Anniversary, marking two decades of continued growth and service in international banking. LAMMK INDUSTRIES PRIVATE LTD SINGAPORE PANTHER PRIVATE LIMITED SINGAPORE Mr. Yeo Khee Lim SCORPIO INTERNATIONAL PTE LTD SINGAPORE TONG76 words
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Page 13 Advertisements
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Advertisement197 1982-09-03 13 t0 BANK FiK IMI ;<■>! IMJi'i m JL\ £I (Manila, Philippines) (A Universal Bank) on the occasion of their 20th Anniversary, marking two decades of continued growth and service in international banking. -J\ THE MACHINE PEOPLE (PTE) LTD 97 Kallang Way 3, Singapore 1334 VJ Tel: *****11 Telex: RS *****197 words
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Page 14 Advertisements
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Advertisement204 1982-09-03 14 tCf METROPOLITAN BANK IL\ 1 9 MI <■ K1 ■A®/uK/il I (Manila, Philippines) (A Universal Bank) on the occasion of their 20th Anniversary, marking two decades of continued growth and service in international banking. antara koh private limited 205 A, Goldhill Shopping Centre, Thomson Road Singapore 1130. Tel: *****72. Telex:204 words
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Article, Illustration2177 1982-09-03 15 RICHARD BUCK - The Boeing Company is introducing a new generation of civilian jet aircraft for world markets. RICHARD BUCK describes the new fuelefficient planes, as well as the steps Boeing is taking to conserve energy in its manufacturing operations. RICHARD BUCK Economic Impact THE doors to theEconomic Impact - 2,177 words
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Page 15 Advertisements
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Advertisement94 1982-09-03 15 jgfe METROPOLITAN BANK AND TRUST COMMNY (Manila, Philippines) (A Universal Bank) ary, marking two decades international bankina. TENG HUA INDUSTRIES PTE LTD 19 Jalan Belang off Upper Thomson Road 8 m/s Singapore 2678 Tel: *****89 KIN SAI TRADING PTE LTD KIN SAI MOTOR VEHICLES RENTAL PTE LTD Head office: 15894 words
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Page 16 Advertisements
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Advertisement274 1982-09-03 16 Where to wine, dine and entertain with the American Express Canl mfefOvm Our buffet dinner special for those who love the perennial local favourites. Ballet Irom 6.30pm 10.34pm Coleslaw Salad Chicken Rice Mee Siam Xiabing Niangdoufu Singapore Roiak Sticky Rice Fresh Fruits Red Bean Soup Set in traditional Chinese decor.274 words
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Advertisement153 1982-09-03 16 I f*U*L» JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentic ally Japanese delights. '> >();>> (>r rcscrratit >m.s rci// 7 ■>'7 H>7/ C riilurv I'iirk Slicnil 0 <() f J L( S •I*: 111 II I I 114; II M MM m] NUTMEGS offers JAZZ BRUNCH on Sundays 10.30153 words
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Advertisement108 1982-09-03 16 Restaurant extraordinaire (Our menu is a gourmet's ckHight) 08ERCM IMPERIAL SINGAPORE V 1 JALAN RUMBIA SINGAPORE 09?3 TELEPHONE NO /i/lbtob Owoma Company HmmJ Moteh Intern* tonal Ltd An offering of the finest in Chinese and Seafood cuisine amid a setting of sheer splendour m 081 i r W V Z*108 words
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Advertisement154 1982-09-03 16 An English Afternoon Tfea. So good,)ou could stay for hours. A choice of 20 delicious teas. Silver service, naturally. And light, classical music to accompany it all. The Music Room. At the Hilton. A great place to be Be in vogue Lll )li u\' mS Very exclusive. Very different. Very154 words
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Advertisement84 1982-09-03 16 Whatever your taste, the Cockpit Hotel makes it great. 5* r Victoria Bar The Coffee-Moose Relax in an atmosphere of For informal meals and elegant days gone by. light hearted snacks a Cockpit Hottl Penang Road. Singapore 0923 Tel *****11 (20 lines) Cable COCKPIT Telex R*****6 '"-J restaurant sumptuous delicacies84 words
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RAW MATERIALS
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Article174 1982-09-03 17 CHINESE Pretfaee Eiekuge, Sbgapere, mm eMig prices per )M kg yedtrtey. CMMit M: Bulk fob $81.00 sellers, old drum (in second hand drum) fob $93.00 sellers, new drum fob $97.00 sellers. Cepra: Mixed (loose) $40.00 buyers. Pepper: Muntok white pepper fob Asta NLW $307.50 sellers, Sarawak white pepper174 words
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Article142 1982-09-03 17 YARN and cotton prices were quoted as follows in Hongkong yesterday. (11l HK dollars, spot ex-go-down) Gsttea yam: China Blue pjjoenix 20s 2,400 32s 3,090, 40s 3,*» (per bale of 400 lbs). PafcMaa raw mMm: LSS 6.88, 4F 6.01; 289F 6.10; NT roper ginned 6.04 (per lb). CLOTH in142 words
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Article321 1982-09-03 17 SINGAPORE: Yesterday's closing prices in S$ per kilo, et-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 100 per cent second class 0.78, 100 per cent third class 0.73, 25 per cent new crop no stock, B-10 per cent 0.72. THAI BROKEN: A-super 0.58, Special 0.55.321 words
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Article211 1982-09-03 17 SOYBEAN futures in Chicago on Wednesday rallied late to close on top of an 11 US-cent range, up one to 4 1 /t cents a bushel in revived trade. Traders said professionals and wire houses turned buyers in afternoon trade after selling earlir which initiated the recovery. Chart demand211 words
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Article205 1982-09-03 17 WHEAT futures in Chicago on Wednesday closed 4Vi to two US-cents a bushel higher, near the top of a SVt cent range. Traders said Wednesday's higher trend was mainly influenced by steady purchasing by the Large Professional House, estimated at a net 8.0 million bushels on the day and205 words
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Article120 1982-09-03 17 THE Malaysian crude palm oil market yesterday closed higher on light buying support in generally quiet trading. In September south rose MJ7.50 to M 5737.50 a tonne and central was unchanged at MJ73O. October in the south firmed M 512.50 to |740 The refined market was dull on120 words
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Article278 1982-09-03 17 RUBBER PRICES IN Singapore yesterday closed slightly higher with September One RSS buyers quoted at 180.75 cents per kiio, up half a cent from Wednesday's close, dealers said. Klorning prices were marked up marginally on some light buying after a lower opening. Afternoon prices gained some ground on late278 words
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Article34 1982-09-03 17 Rubber Sept 2 Singapore: Sept: 180.75 cents (up 0.50 cent) Malaysia: Sept: 199.00 cents (up 0.50 cent) Tin: M 529.85 per kilo (up 4 cents) Official offering: 71 tonnes (down 29 tonnes)34 words
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Article72 1982-09-03 17 THE STRAITS TIN price in Peaug yesterday rase fur cento to Ms2t.Bs kile, still within the IT A iewer sector of M 521.15 and M$32.M. The steady LME market overnight influenced sentiment here which saw scattered demand from both overseas and local interests on the smaller disposal of72 words
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Article337 1982-09-03 17 IQ prices In cenU per kilo jrestertUy. (P*r kilo) Sellers (per kilo) ba R.S.S prompt f.o.b. lJO 75 m.75N "~7"» ms 1S2.25N Ut R.S.S. September moo UO-SO IMS moo lot RSS October moo 1X150 111.75 ItM Lot R.S.S. mi 173 SN 171.75 173 75N UEoot 170E 172 25N337 words
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Article115 1982-09-03 17 MNa LA SR and SMR pnca ymm tardar (Cwraa ■tar 1 Mtk) (F< Oetakar m»»H Mtk) 1ft (Haa paOati l«7«n I 158.50 taUara Sayan Saltan 158SON 158.10 160JON SSfc) MM 11 to. paliatl IMjOO •■pill 157 OON 157 00 15S00N kar Oatakar SMtV (l -laa pakat) (l-taa115 words
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625 1982-09-03 17 AP FREE SUGAR market prices fell to their lowest level in four years on the London commodity market on Wednesday, with a record accumulated world surplus of about 32.5 million tonnes. The end-of-August surplus estimated by London dealers represents about four months' world consumptionAP - 625 words
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Article199 1982-09-03 17 AFP THE THREE-DAY International Natural Rubber Organisation (Inro) buffer stock committee meeting ended in Kuala Lumpur on Wednesday with discussions centred on warehousing facilities for buffer stock rubber purchases and finance. A further list of warehouses in some consuming countries and Malaysia had been approved by theAFP - 199 words
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Article1073 1982-09-03 17 COFFEE: London coffee futures yesterday were £18 to £1 a tonne down on Wednesday's close after a quiet morning with final trading near the middle of the range mostly in near months. Traders reported Cameroun grade one coffees traded for spot delivery exstore Europe at between £40 and1,073 words
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INTERNATIONAL STOCKS
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Article66 1982-09-03 17 SXfTOl Dm SJI +oj B4lr liuo -u gy MMO bmw irim -f o Mm 100.41 33.10 I1UI ioouoi MJI ■M ♦1 un 1 ♦1 L0 11 Li cfi CooMQumml -4.4 5ST isn +i D«u>«ih» am bloo +u □rwtnar Ban* UUO 1J OHB lOOJO +03 l»r«i— «T A rtijt—n laOu66 words
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Article96 1982-09-03 17 SCPTM Prmnes XSZfST A*—Wf- in I» BrowBoMrfBr (30 -14 CltaOMcrBr. UH uneh SSSSES 0 unch sassst— a i skwl=& .1 z sum in* Koffats La Mm 1/m mm -as Hokfcrtani Br MO +5 Inlartood Br MM -SO i«2U£r=S» A «£"==22 3 >^«»r fc M I auxtaPe m Bandaa RacMM96 words
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Article65 1982-09-03 17 SSPTM FYl Or Bru Lamb 1M> -8 Hobok FORWARD MARKET Patro *I» Pri oitrh is AM# Arbad MS 11» 430 m 1M -U -a -i -4 nim ISO 8oc Qan Bale UJ| -4 Soflna Bra-Lamb V M«it nrwh SJT 6 Dthm 1M0 19 XJO CASH MARKET BKMM On MM65 words
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Article159 1982-09-03 17 CORBBILLE Air-Uqutd* 400 IMtenk Danono MM Ojnl—_I 13B Cla nunlM Cradlt roociar Da Franca 1* HiehMa iSSS-isniraSi (B> n Omnium i|f Pa»»aot in rndgeciho* PrtnUmpa 8 A l«JO Roml Dutch m Uataor its GROUP A Aoultalna Nat Hm PvtroU* lOftJO ClMUf Ul» -4 -a -i rOJ unch ♦4 -AM159 words
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Article145 1982-09-03 17 MPT 01 ARM Ahold ru mlm nj§ I ♦Oil AJtao MOO Oil amkv 0AM 1J Amfu Aivofcofc «1jM tmttk ♦OJ 52P" ZZZ 1AM -A 4 MM AS Bornew i MM ]7M 1A OJ Burtat OQMIMI SAM mo ♦OJ CmJ» Ml Ml) Tim H7j» 0040 14AM ♦0 -u fnnto -a145 words
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Article42 1982-09-03 17 MPT 01 Lire gy* Cntrmto Ord WO Oood Acqot Room Mi uncb Rrtdanta MO -«0 1«Ort 1« -M OtomU 140BB -1ST» Otm MOO -110 in Pm rm -i* Bio -1M IU0e*m«nU Ord INM -MO «•IfM Mi uneh UMUt Ord Source: BCI42 words
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Article210 1982-09-03 17 SEPT 01 AMUM Alcan Alcoa* Bank Mont Bulk Nova Scotia Bail TW BP Can Ltd Braacan Cf 1« aft an »M n UH VH UH -H ft -H H H H -H ft Imp OU Ineo Int Pro* Pip* Inl UU InU Nlckal Karr Add LoMawB Mail rare McBtodal210 words
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Article785 1982-09-03 17 NEW YORK STOCK PRICES in New York on Wtaesday closed strongly lower in what anysts said was a technical correction aft* the sustained price surges of recent weeks The Dow Jones industrial average osed off over six point, falling below th 900 level. Declining issues outnumbere advances785 words
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Article157 1982-09-03 17 SKFT 01 Rand INDUSTRIALS A AlDtll <n uru-h Abarcoaa AX And n rm 714 unci) Aaiaprop A MIC Btrlovi *o unch MB unch C O Smith cm a Currtt Plnanc* Dt Bun ind 1MB unch ZX> unch ■dean •An™ Pad Volk MB 171 unch Puctt ac Qui—n "V unch157 words
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Page 17 Advertisements
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Advertisement7 1982-09-03 17 APOLLO Theatre Restaurant Nite Club TEL: *****667 words
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2554 1982-09-03 18 BID and offer prices officially listed and business 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 Ac»a (1528 2.648)2,554 words
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Article98 1982-09-03 18 t~ 1 ,1,1 prteea tartat) Am Sep Spore Fd(US») 053 0.57 SI 1.14 1.22 INOOM B BOND UNIT (C*i nMprt M) Income Bond 123 129 Mill First B'putra >rJ£T UIU fartaS) 4.42 4 47 Second B'putn k 3 99 4.04 Third B'putra 3 54 3d Fourth B'putn i98 words
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Article2895 1982-09-03 18 1901 Hick Low Company Last Sale Or's Dlv Div or- Crr SECTION ONE Gr*s YTd Nat P/E Vol COOO) Day High Low INDUSTRIAL COMMERCIAL 360 233 308 320 141 291 490 338 247 132 210 293 99 139 200 240 Acmt Alcorn Allied Choc BAT Bata Ben2,895 words
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Article1976 1982-09-03 18 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUVrUALS A(M (3.205) ItoM (1.1») (5) 1 18 (4) 1.21 (S) 11,976 words
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Article859 1982-09-03 18 BULLS eaattaaed ta damlaate tke seeae oa tke lacal stack market yesterday, seadtag a kraad raage af lasata ta deee klgker ky slxeakle marglas. Late praflt-taktag, kewever, trimmed same af tke day's galas. Taraaver swelled ta IS.II mlllloa aalta. IV Straits Times ladastrial ladex flalsked859 words
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Article401 1982-09-03 18 IN SPITE of a late round of profit-taking, share prices still managed to stay ahead at the Kuala Lumpur Stock Exchange yesterday. Turnover shot up substantially. After a barely steady start, prices improved for most of the morning session. Afternoon trading was steady but a401 words
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COMPANY NEWS
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505 1982-09-03 19 NEW York University finance professor, Dr MG Subrahmanyam, predicted yesterday that sustained recovery of world share prices will not take place until late 1983 when the international economy is expected to climb out of recession. He said that in the shortterm within505 words
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188 1982-09-03 19 Reuter AUSTRALIA'S largest company and its only steel maker, the Broken Hill Pty Co Ltd, said it will release its results on a quarterly ha gig in future instead of twice a year. In its annual report for 1961/82 to May 31, the companyReuter - 188 words
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354 1982-09-03 19 Reuter HUTCHISON Whampoa Ltd expects reasonable growth in the second half of 1962, providing no further deterioration occurs in the Hongkong economy, chairman Li Ka-Shing said. Earlier the property and trading group reported a 39 per cent rise in unaudited consolidated net profit for first halfReuter - 354 words
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Article232 1982-09-03 19 Reuter SHARE analysts say British Petroleum Co PLC's second quarter results should show net income ranging from £140 million to just over £200 million compared with £201 million last year and £91 million in the first 1962 quarter. The recent improvement reflects strengthening profits fromReuter - 232 words
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241 1982-09-03 19 Reuter THE KUWAIT government will encourage the creation of a 200-million dinar stock trading company in a fresh attempt to ease a crisis in the country's stock market. Minister Jassem Al-Marzouk said in a television interview the government has also ordered the centralReuter - 241 words
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Article, Illustration987 1982-09-03 19 NAJEEB JARHOM - JHB M0HTH4 THAT WAS By NAJEEB JARHOM AFTER testing investors' nerves to their utmost limits in the first half of Aagust. the Singapore stock market staged a rather bampy recovery through the rest of the month. On the Straits Times Industrial Index, the videos987 words
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ASIAN STOCKS
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Article256 1982-09-03 19 PRICES IN Sydney yesterday eased in quiet trading as investors awaited clear direction from London and Wall Street. Overseas investors have temporarily lost interest in Australian base metal stocks due to generally poor results. The All Ordinaries index lost 1.8 points to 480.8, the all resources index256 words
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Article72 1982-09-03 19 SZPTM hM ACM MMM MB *-S" »*»i Orwotal B PhllChinm MU MM •.MM Mil Ana Watte B UM auh omlC n.» Bafuto OoM MM 41 uneh pixrr PodeoB M MM Mi MB Bute Petroleum MIS Baoauat Ooa. B 4M» ever im Pint Phil Hldts CM LtputoB. MM Mafladnqw MB72 words
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Article63 1982-09-03 19 Mi wiu m nt Ml W ft I •1 4 MS no M SM ♦t unci) ■4 Thai Mutual 4-1 rund I a OJS Goody**r Industrial rtnanThai Mutual Fund D M 0* C* Corp I4&M 1 Thai Mutual u«i at Than* Slam 1U M Metal Boa n Union Thraad63 words
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Article224 1982-09-03 19 HONGKONG THE Hongkong stock market yesterday closed the day firmer but below the day's highs after profit-taking in quiet trading, dealers said. The Hang Seng index closed up nine points at 1,048.03 points but lower than the 1,066.78 morning close. Hutchison Whampoa closed up 30 cents at224 words
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Article259 1982-09-03 19 SHARE PRICES in Tokyo yesterday fell on scattered profit-taking, mainly in blue chips, following the overnight setback on Wall Street. The market average lost 26.64 to 7,125.91 on thin volume of 230 million shares, while the Tokyo stock exchange index dipped 0.89 to 532.21. Light electrical*,259 words
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288 1982-09-03 19 Reuter HONDA Motor Co Lid's after-tax profit In the half year just ended is likely to have fallen to around 14.5 billion yen from 16.04 billion In the previous corresponding period, securities analysts said. Results for the six months to Aug 31 are due inReuter - 288 words
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249 1982-09-03 19 PACIFIC Buk will have a total ef alae hraaehM In Ito Mtowk who It tpm tws mere irtMton la Malaytoa aext Wedaesday aai Friday. Oae wUI he totaled at OU Klaag Bead, Keala Lampar, aad the ether at Jehwe ■arm. The latter will he249 words
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Page 19 Advertisements
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Advertisement452 1982-09-03 19 LEMBAGA LETRIK NEGARA TANAH MELAYU (THE NATIONAL ELECTRICITY BOARO Of THE STATES OF MALAYA) PAKA POWER STATION PHASE I CIVIL WORKS CONTRACT II CONTRACT NO. 1/81/2B TENDER PREQUALIFICATION NOTICE The National Electricity Board (NEB) intends to invite tenders in March 1983 for the construction of a cooling water system consisting452 words
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Advertisement155 1982-09-03 19 EUROPEAN ASIAN BANK (incorporated with krrvted liability m the Federal Republic of Germany under the name of EUROPEAN ASIAN BANK Akt»engese«schaft) Singapore Branch NEGOTIABLE FLOATING RATE SINGAPORE DOLLAR CERTIFICATES OF DEPOSIT DUE MARCH 4,1966 In accordance with the provisions of the Certificates, noliqMt hereby given that for the Interest Period155 words
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Chief Price Changes
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Article153 1982-09-03 20 Rises IsImkI Pen 545 35 Tractor* 340 22 Spore Laid 80S 20 Ayer Hitam Tin 580 20 High Low 191 14 Supreme Corpn 290 13 U M W 279 13 Berjuntai 500 12 Sealion 330 12 B Raya 191 12 K L Kepong 167 12 OU E 500 10153 words
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Article, Illustration185 1982-09-03 20 SHAKE PRICES e#n tinned their uptrend h the Stock Exchaage at Singapore yesterday althangh they flnlshed ad-best die to tote prem-toUag. Trading was very active. The Straits Times Industrial Index collected 8.12 paints to elase at C62.M, while the Badness Times ladicator af the day's If mast active185 words
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Article48 1982-09-03 20 FINANCIAL TIME8 INDUSTRIALS Wednesday 581.6 Tuesday 572.7 Week Ago 568.4 DOW JONES AVERAGE INDUSTRIALS Thursday 1048.03 Wednesday 1039.03 Week Ago 1006.92 AUSTRALIAN INDUSTRIALS Thursday 610.2 Wednesday 610.5 Week Ago 606.0 Wednesday 895.06 Tuesday 801.31 ALL ORDINARIES Week Ago 884JW H.K.HANG SENG Wednesday 482.6 Week Ago 475.748 words
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Article96 1982-09-03 20 AP THE NEW YORK stock market gave ground yesterday morning, continuing the decline that set in on Wednesday afternoon. The Dow Jones average of 30 industrials dropped 2.67 points to 892.38 in the first half an hour. Losers took a 5-to-3 lead over gainers. L In lessAP - 96 words
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Article, Illustration566 1982-09-03 20 ■mi Companies Editor: Mano Sabnani PERNAS Sime Darby is gearing itself to capture a significant share of the M|3oo million market for lubricants and greases in Malaysia, currently dominatd by the five oil majors. The trading arm of the Pernas Sime Darby group566 words
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Article510 1982-09-03 20 Wring Stock... MORE than two years have passed since the entry of three groups See Hoy Chan (S), Sindo Timber Enterprises and three directors of Kim Eng Securities into Malayan Credit as substantial shareholders. At last count, See Hoy Chan was still the largest single shareholder with510 words
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Article787 1982-09-03 20 SHARE closed mixed after a quiet session yesterday with government bonds gaining up to half a point helped by the strength of sterling, dealers said. At 3pm, the Financial Times index was up 0.3 points at 581.9. Gold shares firmed with the bullion price but North American stocks787 words
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Article126 1982-09-03 20 THE KLSE has asked Textile Carp of Malaya BM for more information concerning the joint venture agreement by its wholly owned subsidiary, Malayan Weaving Mills Sdn Bhd with Inter Consortium (M) Sdn Bhd and Bina Alam Bersatu Sdn Bhd. It wants to know the percentage of participation by126 words
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LATEST
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Article52 1982-09-03 20 ku reprted i graap pre tax prefli «I MM.]! milUM («gala* $2 mlUi*a prcvtMUly) M m tpenttig reveait •f $13.6 milliM (11.1 mllUm) f«r toe yew emit* Oct n, mi. Directors ktve Mt reeemmeided uy dvMnd m they c*asMer It prmdrnt to preserve toe exMig re—■rw *152 words
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Article330 1982-09-03 20 MALAYAWATA Steel Bhd is making a study to reassess its future direction and objectives. Chairman Tunku Datuk Shahriman bin Tunku Sulaiman says in his latest annual statement that this is because the company is concerned over the future of the steel industry in Malaysia. The study comes330 words
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369 1982-09-03 20 FLORENCE CHONG - By FLORENCE CHONG SINGAPORE entrepreneur Jack Chia has joined the ranks of a few favoured foreign investors in being granted the right to acquire Australian real estate of up to As3o million. The Australian government gave Mr Chia's Australian company approval369 words
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Page 20 Advertisements
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Advertisement278 1982-09-03 20 Assurance for Partners ACCOUNTANTS, ARCHITECTS, DENTAL SURGEONS, DOCTORS, SOLICITORS AND OTHERS IN PARTNERSHIP Will your partnership finances survive the dMth or retirement of a Partner? Retirement is foreseeable, but death can strike a partnership at anytime. According to current mortality tables, there is a one-tn-five chance of a man aged278 words
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Advertisement122 1982-09-03 20 An offering of the finest in Chinese and Seafood cuisine amid a setting of sheer splendour H I r Ti IFj 5 L e rr The Sca-Food-thcatrc. A truly unique blend of atmosphere and fine cuisine of both traditional Chinese specialties and fresh Seafood, complimented with a wine list and122 words
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Page 20 Miscellaneous
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Miscellaneous61 1982-09-03 20 OUTLOOK for Singapore today: Cloudy and hazy throughout the day; showers in several areas. Report tar 24 hears prUr to 1M pm on Sep 2 at the airpart: Maximum temperature 28.4 Associated humidity 78 Minimum temperature 23.5 Associated humidity 97 Hoars of sunshine Nil Rainfall in millimetres 18-0 Total rainfall61 words
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SHIPPING TIMES
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233 1982-09-03 21 AFP INDONESIA had to use foreign ships to carry ce- ment to the provinces in -'"violation of President •'•-Suharto's decree that obliges all goods for Indonesia to be transported by Indonesian vessels. j, The director of sea transport traffic, A Rid.<wan, said foreignAFP - 233 words
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Article, Illustration563 1982-09-03 21 JUNE LIM - By JUNE LIM WILLINE will expand its Far East/Middle East semi-container service from next month by making direct calls at Doha, Qatar. A spokesman of Barber Wilhelmsen Agencies, Singapore's agent for Willine, said the direct service will mean substantial savings for563 words
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PORTSIDES
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Article133 1982-09-03 21 JAPAN will soon have new sail-assisted modern cargo vessel, designed and to be built by Nippon Kokan KK (Nkk). With the experimental Japanese-built 669-ton motor sailing tanker Shin Aitoku Maru, launched in 1980, already in successful commercial operation, NKK has decided to build a 2,100-ton modern coastal133 words
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Article791 1982-09-03 21 SUppteg Um P»8® CM Skipping Ltae P»ge CM Aclupeiego Shpg vra i ETA Dubai IX a Aim vm 1 Everett Orient IV 4 Ahreoklel Liner VI s Evergreen IV 3 Alfred CT VI 1 Fargo Shpg DC 5 Ail tram vn 4 EE Pearl Shpg X 3791 words
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Article, Illustration689 1982-09-03 22 A LANDMARK in deepsea containerisation, which has been reached with relatively little fanfare, is the 10th anniversary of the Trio Group. Trio, a consortium of five lines from three countries Overseas Containers Ltd and Ben Line Containers (both from UK), HapagLloyd (West689 words
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Article1547 1982-09-03 22 RATES for grain chartering out of North American ports on Tuesday were generally ruled fairly steady with a 52,000 tonner from the US Gulf to Japan paying (14.25 and a similar vessel from the Gulf to Taiwan receiving $14.50. Grain from the Gulf to Brest Montoire paid $6.751,547 words
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Article495 1982-09-03 22 THE shipping market is holding steady in Southeast Asia. Lower rates differed sometimes because trampers are doing a ballast leg voyage. Provincial protection is a possible major factor in several countries. With Asean, shippers has suffered but most owners are established and have done a reasonable job at495 words
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Article221 1982-09-03 23 THE MAJOR shipping consortia operating between the Far East Europe. Far East Persian Gulf, Straits ports Australia. Straits Japan and the member lines: ACE (PAS EAST EUROPE): Franco Belgian Services •K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS AUSTRALIA):221 words
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426 1982-09-03 23 DRY cargo freight rates have reached the point where owners will be forced to consider laying up tonnage as a less costly alternative to trading at a loss, H P Drewry warns in the August edition of Shipping Statistics and Economics. But426 words
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Article245 1982-09-03 23 THE JAPANESE Seamen's Union may introduce inspectors for flag of convenience ships to combat visits by substandard vessels. The move follows international criticism of Japanese owners who register a sizeable number of ships in flag of convenience countries. Much of the criticism has come from Australia,245 words
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311 1982-09-03 23 AFP ALTHOUGH negotiations on fixing tankerage from Kharg Island remained highly confidential and the position still confused. Reports circulating among London tanker brokers indicate that Iran's oil terminal is more active than recently. At least three supertankers were said to have arrived, loaded and leftAFP - 311 words
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4197 1982-09-03 28 SCHEDPIE 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 of4,197 words
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Article633 1982-09-03 29 CONTAINER TERMINAL m—* RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Date/Time Operator Godowns FCL for LCL Movement Cargo Schedule Location G Forward Anro Australia Nipponlca V TW Bridge Ever Large Maersk Tempo Johore B Thana Bhum Maersk Mango aSitiung Khian Island Ocean Ace Sea633 words
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Article1880 1982-09-03 29 The leading shipping lines operating from local ports and their agents. A B Achipeleg* Shpg Singapore- Shpg Corporalion (S) Euro-Asia Line (PN KL PK). Adriatic Caatalaer Continental Feeders (S) Cargo Freight (PK). AFEA Singapore Shipping Corporation (S) Euro-Asia Line (PK PN). Afra-Earaala Liar Transgroup Pte Ltd1,880 words
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475 1982-09-03 30 PHILIPPINE and American-flag carriers have drafted an equal access agreement for evaluation by participating lines and approval by maritime authorities of the two countries. The agreement was formed during the meeting in San Francisco among flag carriers of the two countries in475 words
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Article526 1982-09-03 30 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Barber Perseus 46/7 Barber alongside 3.9.82/0300 Hong Gu Cheng 35/6 Y Fung--alongside 3.9.82/2300 Lady Bird 6/7 S'pore Shpg alongside 3.9.82/1830 MinFu 18 Sin Chiao alongside 3.9.82/0600 Ned Loire 3/4 Ned-EAC alongside 3.9.82/1500 Straits Hope 21 SSPL alongside526 words
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Page 21 Advertisements
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Advertisement420 1982-09-03 21 HELICOPTER MARINE SERVICES yj 24 hour service by twin-engined helicopters to vessels at sea in Malacca Straits and South China Sea. TEL *****11 HELI SERVICES (PTE.) LTD. Helicopters also available for casual charter, aerial photography etc. .1 mm LONDON Freights n/ffl ORIENT Exchange II CONSORTIA HI SHIPPING Schedule vm/IX CONTAINER420 words
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Advertisement251 1982-09-03 21 Wi iil UASC UNITED ARAB SHIPPING CO'SAG) EXPRESS MULTI-PURPOSE SERVICES Dubai (16/10). Abu Dhabi (18/10). Dammam (20/10). Kuwait (22/10) Kuwait (28/10). Damnum (30/10), Abu Dhabi (1/11). Oubai (3/11). Mina Qaboos (5/11) FULLY CONTAINERISED SERVICE SEALORD SHPPWG AGENCES (Ret- No. *****5/OOC) 4TH FLOOR MARINA HOUSE. SINGAPORE 0207 TEL *****94 TELEX NO251 words
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Advertisement895 1982-09-03 21 j The Straits Companies Timpc Activities.! mRECTORY Key Personnel. UIiLEUTUKX Agencies Singapore (Buku Merah) EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF, ATLANTIC. EAST CANADA. ASIAN PORTS 9-10/10 1112/10 17-11/10 19-20/10 n •SIBGAPORE CIOSMG TMES CY sth Sept 2300 MRS, CFS sth Sept 1100 HRS m TO: BELGIUM, HOLLAND.895 words
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Page 22 Advertisements
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Advertisement529 1982-09-03 22 mm i FAR EAST/EUROPE CONTAINER SERVICE Mm Auapipg Far 1) Barcelona. Genoa, 2) Amsterdam. Antwerp, LHawe, Basle. UK. 3) Bremerha.en Aaftius. Copenhagen, Helsinki 4) Makno, Stockholm. Oslo *Acceptmg Europe cargo lor leedet <ta S pore 'Also direct cargo lor Spore I Bangkok Ph contact PtIMSC P Kelang lor feeder arrangement529 words
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Advertisement345 1982-09-03 22 m Y.S. LINE yAmashita-shinnihon line CONTAINER SERVICES USA/CANADA Pacific South Wnl Pacific North Waat Atlantic/Canada MBIMIM MMU 73/194 SHOMNA MMU 17/I*s TONBO wn a/m tAhc aum*"l cjrjfl It Ma t Abu Dhabi SSEI ASM TWO Pan Asia Line. Ltd. CONTAINER SERVICE TO/FROM JAPAN A TAIWAN am star fmmt ace &OUT345 words
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Page 23 Advertisements
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Advertisement382 1982-09-03 23 MMWK The Straits gjgjg Steamship Group Overseas 11 Containers Limited fPfM STRAITS SHIPPING L f 2Jm Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Crthwj| Sarwca Ta/Fraßi Bamfcafc STOBE not PEGASUS Kn 123SH 7-0 Sap 11-11 Sep pegasus nam inm u-i5 w im« Sep SW6APORE TO SABAH. SARAWAK AM) BWB382 words
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Advertisement430 1982-09-03 23 Large submersible barge sailing unladen from S'porc to Dampier, Australia end Sept. '82. Willing to take on large deck cargoes such as cutter dredger, barges, tugs etc. Can drop off your cargo anywhere along the way or will consider deviation to Indonesia or Kalimantan or Darwin etc. Please contact *****57430 words
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Page 24 Advertisements
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Advertisement634 1982-09-03 24 Hapag-Lloyd i TO CONTWNT UK EXPORTS I S pore P Kelang 3 9 1! 9 18 9 ?6 9 4 10 13 10 5 9 13 9 20 9 ?8 9 6 10 IS 10 Also accepting transhipment cargo lor CARIBBEAN WEST INDIES »ia Hamburg S port P* Pen Bilbao634 words
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Advertisement597 1982-09-03 24 SCS line CONVENTIONAL SERVICE To/From BUS AN STOK t I VEGA 177H/17K 25 71 Sept 27 UTM 181N/182E 1012 0(1 13 PENANG BUS AM 30 31 Sep! 10 Oct 16 18 Oct 79 Oct FULLY CONTAINERISED TO/FROM NORTH AMERICA NEST/EAST COASTS rz~" —y (St mm •Via tMdcr ins* PK* 0597 words
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Advertisement447 1982-09-03 24 EVERGREEN LINE FAR EAST/EUROPE CONTAIfCR SERVICE ACCEPT* FCI ft Id CARGO FOR: sgp mi ID w FUn N* IMI Ewt l«{t 4/9 S/9 25/9 27/9 29/9 J/10 2/11 U/9 17/9 24/9 S/10 7/1# 9/10 11/10 12/10 Ew» *t* 22/0 U/10 10/10 10/10 20/10 21/10 aiso acceptmg ia fa i ra/ra447 words
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Advertisement1076 1982-09-03 24 Everett Lines! m Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON Split fiiuai HTANTANYWt 7/S Sep) 9/12 S«p4 4 S Scp« M M 11/13 Sept MUM IS/II Sapt PMSHW6»»WT«I* 11/20 Sept B f SS C Agenti m Mokjyvo BOUSTEAD SHIPPING TEL NOS KL *****4/*****7—PKELANG *****1 '8 PENANG1,076 words
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Advertisement328 1982-09-03 24 E MARITIME PTE LTD SANKYO LINE 3 JAPAN/STRAITS SERVICE Srttipc t P Keiang In fort 1/9 11/® 13/9 14/» 15/9 21/9 27/9 21/9 21/9 PA2 ESTRELIA MY AG) MARU TWSHO MAJtll MSB rMNCC MAY SKY OCOH RESOURCES MSA SEBMOMARU ST SENTARtM EVER BRIGHT 3/9 9/9 13/9 14/9 15/9 17/9 22/9328 words
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Page 25 Advertisements
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Advertisement764 1982-09-03 25 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEODAH AQABA (Reefer Cntrs Acceptable) COLOMBO HOOEIDAH JEDDAH AQABA f COLOMBO 3-4/9 13-14/10 22-23/11 9-11/9 19-21/10 29-30/11 19-20/9 29-30/10 7-9/12 22-23/9 1-2/11 25-27/9 4-9/11 11-12/12 14-19/12 BA&ED 7-9/10 19-17/11 29-27/12 m POUT 13-14/10 22-23/11 1-2/1 EAST AFRICA/ftEDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES764 words
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Advertisement782 1982-09-03 25 BEN LINE CONTAINERS 10 MOW or> y Tata* Ejpmi anas contmo service to/frqm atari KBUK BHAttN ROAM MAVW Span P KatotNGcrauar/ MmtntMp Fract VI VI IS/1 27/1 2«/1 M/t VI VI 11/1 11/1 IVI 21/1 2t/1 21/1 2VI 27/1 2VI */1 Vl* 7/11 1/11 11/11 12/11 14/11 IVII 17/11 11/11782 words
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Advertisement588 1982-09-03 25 Igggßß Kfliii '"•w" 1 ti£ IMm PUMA A nCASSSM ANSON SM OMtw a Minos 5/0 Kooun 10/1 MBON 1/1 L o knaca apooukssio/o 9UMM u/i f *a is/9 JuT iSHS KMC* Kun 24/1 OJM 1/10 MBON »/l vrsaw W" Iff i i t WA Scan Dutch 9 WEEKLY EXPRESS CONTAINER588 words
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Advertisement489 1982-09-03 25 SPOKE R'DAM HULL NMBG CORABANK 5 Oct 31 Oct 3 Nov 7 Nov CLYDEBANK 30 Nov 27 Dec 30 Dec 4 Jon Lukes/fe Lines U.S. GULF MRECT SERVICE JOHN LYRES LOUSE LYRES ZOELLA LYRES HOWELL LYRES CAN LYRES (•New Orleans, Mobile. Houston, Galveston) U.S. NEST COAST SERVICE (Abo accepting Cargo489 words
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Page 26 Advertisements
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Advertisement1500 1982-09-03 26 ik--9 t Kline KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE eeeder mssfi BRDGE VS ASIA STAR V? STOK MOTKR*ESSEI TOKYO »TTOM SUNAH ST. 081 Sept VERA2ANO BRDGE VS9 27 Sept 23 Oct 2 No. 2? Oct 10 Sept MSO MARU V 62 4 Oct 1 No» 30 Oet 3 No.1,500 words
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Advertisement667 1982-09-03 26 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lu*« tar lOS ANGEIIS SM FRANCISCO SEATTLE. TACOM. VANCOUVER B C FCE/FCI M«n AUSTRALIA EXPRESS CONTAINER SERVICE Acc«pitoi( FCL/FCt C—t—n P MM| S port Mr* AM S* Mia JCMpto "UNO 23 S«p) 74/75 S«t 1 Oct tt Oct li Oct Frw/lnt -RAMDAT 71667 words
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Advertisement618 1982-09-03 26 KORINS MARITIME SERVICES "o Room 601 ICB Building Shenton Way Singapore T»l *****22 *****67 P Keiang Tel *****1/0 MIDDLE EAST/RED SEA/EUROPE SERVICES S pore Loadng For: GUNONG TAHAN 13 Sept Bahrain/Kuwait/ Bandar Abbas Bandar Khomeri DONG HOOK 13 Sept leddah DONG MYUNG 17 Sept Bandar Abbas/Bandar Khomeri undae Shipping Co.618 words
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Advertisement558 1982-09-03 26 f INTRASEA (PTE) LTD. yjyij Suite 2616 International Pla/a Ar-,or Rd Smqaporr-0207 Te> 22*165 1 1 iQL nesi BREAKBULK SERVICE TO EUROPE/UK S par* f. KelangLaadtog tor AMON >0014 Sated to Pert OOUUWE/RIMM/IK (MM)/MUTES CHERRY ***** II Sept 14 Sept te Vessel Lead* it lib Ktoabato 0 ALP AC LINE558 words
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Page 27 Advertisements
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Advertisement663 1982-09-03 27 TO EUROPE/UK (VIA SUEZ): MERCATOH 27* K JACLNN 16* TW BRDGE 12* HK CONTAICR 32* 10/10 11/10 Also accepting cargo to/from Scandinavia MERCATOR S pore Closing Times: FCL Cargo 0500 7/9 LCL Cargo 1700 6/9 FROM EUROPE (VIA SUEZ) TW BRDGE HE. C ROZE 30€ A CONCORD SE. 0 CHEF663 words
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Advertisement465 1982-09-03 27 MALDIVE LINES ETA ETA ETA SPOKE KUANTAN PORT KEIAMG MALDIVE PLEDGE J4/9 12/9 DISCHARGING FROM TAIWAN AND Loading For PT SUDAN/ JEDDAH/GI2AN MALDIVE NAVIGATOR 9/9 12/9 6/9 Loading For Dubai MALDIVE IMPORTER hi Port Loading For Male MALDIVE mm* Sailed TAWAU Loading For MUSCAT Sailed MALDIVE PWDE 12/9 Loading For465 words
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Advertisement1289 1982-09-03 27 SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHDMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS 2510S P KEIANG POMNG M/S SHAIHMT NAM SOON SON. M IST AND 2ND EIOOR. MESSRS HAI THONG SHTPMG 231,289 words
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Advertisement53 1982-09-03 27 SOON KIAT SHIPPING PTE LTD 190b I 1906 190) Fk. Stenton House 3 Shenton May S pot* 0106 Telephone ***** M (5 Lines) t *****35 T«ta RS36IM SKSKP KCUUH SERVICES TO EAST tMLATSM DOTWTKM NraMMltai H«| LM IV Sri Not Mm Nil HM| LMI Sri Not Hm Nil MOT/KM* SaMai/Tmt53 words
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Page 28 Advertisements
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Advertisement656 1982-09-03 28 s s c Group SINGAPORE SHIPPING CORPORATION PTE. LTD. 20TN floor ocean building Singapore 0104 MARKETING *****2 (3 LiN c S) GENERAL *****1 (22LINES TELEX RS ***** RS ***** A 8 CARSMIP CABLE CARGOSMIP Regional Container Lines 2 SAILINGS A WEEK to/from BANGKOK BERTHING 1300 HRS EVERY TUESDAY SATURDA SINGAPORE656 words
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Page 29 Advertisements
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Advertisement40 1982-09-03 29 INTERMARITIME LTD. MOMMY SAJLMG TO SOUTH AFRICA **swworHy n nu# VoS* c TRANSOCEAN LVOS (PTE) LTD lMk Fk Mn Hmm S pvt 01M T* *****33. t IMv HJ H CM) SON M f T«t 3KW 3NW U: r# <*077 4KM340 words
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Advertisement280 1982-09-03 29 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG I*,*? "i *IM M«| A»SU 1119 *tw>d Tridf Centre Mif'mf Square Spore 0409 Hi «S 7101? Tel *****1! R» r ?73b38l HSM M Sdn Bhd *1 Tel <***** *****/ Pt Kei TH *****6 111 39/1S Penanj Tel 36u788 APC LINE V\(,kt T \N P!280 words
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Advertisement300 1982-09-03 29 CARGO SPACE AVAILABLE ON LINER VESSELS LOADING FOR iif 100 CALCUTTA. BOMBAY. KARACM. MUSCAT, OAMMAM, KUWAIT. HOOEDAM. PORT SUDAN. JEDOAH, AQABA, ALEXANDRIA. LATTAKIA. PT. lows, Losrro, Luanda. Durban, lagos, d.s. salam MOMBASA, MOGAD4SCK>rPMNCMPENH, HM.CrTY, HAIPHONG, JAKARTA. HKG, ILK, KUCMBiQ. MUARA JAPAN. INDOGULF FREIGHT SERVICES TEL: *****00. *****01 TELEX: RS *****300 words
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Advertisement56 1982-09-03 29 FARGO SHIPPING COUP AMY (PTE.) L TV. FULLY CONTAINERISED CARRIER SVC HONGKONG ISLANDS LINE (AUSTRALIA SVC) TEL *****77 4 ***** M TELEX RS ***** EUROFRA 20* FLOOR OCEAN BUILDING LIAN HUAT SHIPPING CO, (PTE.) LTD. •fTEMMTUML FUfIL IJIM FIOOR. sunt 1319/132* STORE tW HIS MRSII/2JMS* KJMMt Iteffci hun Oft mto56 words
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Page 30 Advertisements
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Advertisement412 1982-09-03 30 A O C.Y.Line CHO YANG SHIPPING CO., LTD FULLY CONTAJPOtSED SOVKJ TO EUROPE (VIA SUEZ) |s°pv* NMil I Hwrt (Dan F itm Htaf Inn >*wp IOCATOt 27N 8/9 KOREAN MCEJM 1M 13/9 14/9 HONGKONG CHTI UN 20/9 21/9 in ana m n/i nn ctcmn oas 11m 4/ie s/n HONGKONG CONTMBI412 words
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Advertisement345 1982-09-03 30 MAGNA MARINE LINES EASTBOUNO SERVICE CTOWH DURBAN STORE LOADMG FOR BESSANG PASS VOT M-14E 10/9 15/9 10/10 HK/KAOSHIUNG Qamral Agents: MAGNA SHIPPING PTE LTD I Ith Floor, MN6 Building SINGAPORE 0106 TEL *****66/ *****00/ *****37 TELEX R*****8 "MALINE" 1 PERKAPALAN LAUTAN BIHU SDN. BHD. Sefwic»- I Vit a' Vessels Voy.345 words
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Advertisement684 1982-09-03 30 HAMDAHV: 7/S2 HAMDAHV: 8 82 HAMDAHV: 9/82 •HAYATI V: 12/42 •HAYATI V: 13/12 •HAYATI V: 14/12 HAJ SHIPPING SDN. BHD. 1M )A| AN T| Rg/I hAf( AfXJJ.I Ml Afw, IK j#99/8 (KU4M Ml%fe ffl MA <%4h HA I'HP PENANG P. KELANG Loading for ETA ETD ETA ETO 5/9 7/9 KUCH.684 words
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Page 30 Miscellaneous
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Miscellaneous160 1982-09-03 30 Regional Weather s W Va iii 91 Ifc > ml L> a m <2 Iff ls: SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. C a mn Wind direction with speed in knots R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots R**" Wave height160 words
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