The Business Times, 19 November 1982

Microfilm: NL13612
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 93/1/82 FRIDAY, NOVEMBER 19,1982 60 CENTS
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  • Article
    Pearl & Dean to handle airport advertisements
    482 1  - Pearl Dean to handle airport advertisements WANG LOOK KEAH PEARL and Dean (Asia; has been apppointed by the Department of Civil A via tion to handle advertise ments at the Changi Airport. Under a three-year contract which started at the beginning of this month, Pearl and Dean has to canvas
    482 words
  • Article
    Saudi oil price stand
    113 1 SAUDI Arabia wants Opec to maintain it* US$34 a barrel oil reference price but does not object to considering proposals for a tariff cut, Saudi Oil Ifinister Ahmed Zski Yamani said. The Kuwaiti daily AJWatan quoted htm as saying Saudi Arabia would not mind studying a
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  • Article
    Manufacturing output decreases by 3.5pc
    644 1  -  By JOHN LIM SINGAPORE'S manufacturing output fell by 3.5 per cent in the first nine months this year against the same period last year. The downtrend, which began with a slowdown in growth in the second quarter of last year, eventually saw the index of
    644 words
  • Article
    Mattel Electronics to set up plant here
    319 1  -  By KOH TSE YING MATTEL Electronics, Atari's keenest rival in the video game industry, win be- selling up msmfcu us lag operations in Ang Mo Kio Industrial Park. The American multi-na-tional, a subsidiary of battel Incorporated, is now. recruiting management staff for its
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  • Article
    Singapore-China projects making little progress
    221 1 PLANS for industrial coproduction projects between Shigapore and China aai iavotvlac large mtttnatienal —piss Huns have made little progress Discussions on the lint three projects involving the production of diesel engines for agricultural uses, automotive transmissions and power cables were in advanced stage* two years
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  • BRIEFLY...
    • Article
      More cut prime
      81 1 MALAYAN Ranking RhH Km trimmed its prime lending rate by a quarter point to 9.5 per cent from today. Another bank to reduce its prime will be Amsterdam-Rotterdam R«nir which will cut its prime by a «rfngi*» point to 9 per cent tomorrow. Yesterday, Asia Commercial Bank
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    • Article
      Lock icon US tax cut
      87 1 Reuter US Treasury Secretary Donald Regan said President Reagan is very seriously considering both an increase and a speed-up in next July's 10 per cent scheduled tax cut. Asked if the president plans to ask Congress to increase the tax cut and to move it up to
      Reuter  -  87 words
    • Article
      Lock icon Infringing copyright
      79 1 AP IN WHAT is expected to be an important test case for tne legal rtection of high technology sales Japan, a leading US computer software company has filed suit against a Japanese company for infringing its copyright on a software program, its attorney said. Microsoft Corp, based in
      AP  -  79 words
    • Article
      Lock icon Sale of land
      61 1 Reuter THE Hongkong government said two Crown land sites in the industri- al area at Yuen Long, in the New Territories, were sold at auction. Both sites were for industrial or godown use.. A third site, (or non-industrial use excluding godown purposes, at Mui Wo on Lantau
      Reuter  -  61 words
    • Article
      Lock icon Indian sugar sales
      50 1 Reuter INDIA may stop further sugar abroad until depressed world sugar again become buoyant, industry officials said. They noted prices on the international market, averaging around 6.4 US cents per pound, are less than half the domestic price, adding the government is heavily subsidising sugar exports. Reuter
      Reuter  -  50 words
    • Article
      Lock icon HK firm suspended
      74 1 Reuter THE Hongkong Commissioner for Commodities Trading Robert Fell has suspended the registration of Uplot Ltd, effective from the close of business yesterday. In a statement, the commission said Uplot failed to maintain sufficient capital surplus or establish and maintain properly segregated customer accounts, both conditions of
      Reuter  -  74 words
    • Article
      Lock icon Crude palm oil
      61 1 Reuter MALAYSIA could achieve its annual crude palm oil target of four million tonnes next year, much sooner than its earlier official estimate of 1985, if the weather remains K>d, primary industries minster ul Leong said. He said his ministry's projected output for 1982 was now 3.5
      Reuter  -  61 words
  • Article
    Brighter outlook predicted for services sector
    56 1 eken, trJln ial ttMk Tie kM insiMlj farter the Mot rtx^aZrtte tm njto* uw) Statistics P>p»rtiMit, head hniMM STSttjCSC »U^9^^i£SrZtnSSm Mt m!uUTmi!L m? jSrthi bhiHlil wnkw, a Ml A art figare «T li par Mk (fl pares*) predated Mghv dspaMte Mk U par eaM
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  • Article
    Call for better disclosure in share offer
    489 1  -  By MANO SABNANI LOCAL merchant have not played their part in promoting improved corporate disclosure by com pa nice anrirlnn. lifting on the Stock Exchange of Singapore. Coneequeutiy, prospectuses made available to the public daring new share alien are often below desirable standards.
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  • Page 1 Advertisements
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      253 1 tZ- j* x <•> as: MEXICAN Finance Minister Jesus Silva Herzog has given notice that his country, the world's largest international debtor, will probably not be able to repay any of its public sector debts next year.... Page l PRICES of crude oil are unlikely to break just now despite
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    • Advertisement
      Page 1 Advertisements Column 2
      11 1 BALLY ofSwitzMand r Sole Agent S.G.PARRFTT A SON (PTE) LTD. Singapore
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    • Advertisement
      Page 1 Advertisements Column 3
      137 1 Minolta copy quaHty. WWi reduction. ?+'&.;=%\)?\~@[%.}+`%,_<(|)(;^+ mm V*s jT 5 ■vJ Featured: Shoes from 5249 $329 S" I 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
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  • BANKING AND FINANCE
    • Article
      Lock icon Mexico seeking to restructure debt
      368 2 Reuter MEXICAN Finance Jesus Silva Herxog hat given notice that hie country, the world's largest international debtor, will probably not be able to repay any at its public sector debts next year. Mexico has already obtained a three-month delay in repaying its government debts and
      Reuter  -  368 words
    • Article
      Lock icon Expected surplus of US$808m
      177 2 Reuter HUNGARY eipscu to have a surplus of USIBOB million 1 in trade »«h v convertible currency this year, Hungarian National y Bank managing director Tunas Bacnkai said. He said Hungary had al- ready run up a hard currency surplus of $#4 million in the first
      Reuter  -  177 words
    • Article
      Second quarter loans to KL manufacturers rise
      525 2 TOTAL loans and advances made by commercial banks to manufacturers in Malaysia rose In the second quarter of this year by 1.9 per cent to MHBBI hfllion after stagaattng daring the previous rix months. The figure for the end of June 1982 was
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    • Article
      Japanese offer of fixed-term bonds
      218 2 THE Japanese finance ministry has offered its first public issue of fixed-term medium-term national bonds tO aIIOW Small institutions to subscribe to the bopds, the ministry said. The ministry offered 10 billion yen of 7.9 per cent coupon, four-year bonds at an issue price of
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    • Article
      Lock icon IMF talks with bankers
      452 2 Reuter THE International Monetary Fund has met top executives of international tO diSCUSS Wnanr-4t>g f or countries currently seeking loans from the fund, a spokesman for the Federal Reserve Bank of New York said. Monetary sources said IMF managing director Jacques de Larosiere was the principal
      Reuter  -  452 words
    • MONEY AND EXCHANGE$
      • Article
        PLR
        22 2 the average rata at which aia|or Singapore bank* are earreatly prepared to lead to their beat caetomera la 9.48 par eeaL
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      • Article
        ASIAN $
        164 2 ASIAN ASIAN currency deposit Interbank rates as at close on Nor Ift Closing Asian dollar certificates of deposit for prime names on Nor 18: 7 4M. J* 1 monUi SmonUu 3 month* 6 month* 6U/16 8 11/16 B 11/16 11/16 t 13/16 1V16 10 6% 10* 10* tmootlu io* urn
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      • Article
        Discount
        29 2 r- i n-11 Dyn CmU <tapdtf» SU 3-month TrwaurybUls SH V month Bank bill* H Smooths CD «H month* CD 19/16 •ft M U/W Source: National Discount Co
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      • Article
        Hongkong
        77 2 STERLING and the US dollar both Ml against other major risnilis in tairly active late trading prior to Hie European opening, dealers Mid. They noted active crowcurrency deals involving switching short sterling positions Into the yen and other major European currencies. Banknote rates yesterday: us teste UK 10J5/10.75 Brunei
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      • Article
        Tokyo
        84 2 THE DOLXAR (or overnight delivery in Tokyo yesterday closed at the day's Icm at 362.70 yen on persistent selling by overseas centres and banks here after opening at 263.70, dealers said. Trading volume was a moderate 1L57 MDton. Hie dollar for immediate delivery was untraded throughout the day. Forward
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      • Article
        London
        46 2 Opening quotes yesterday: lB-lJT7/r Qui -1.9610/40 Cnm -1.23«/« D Mk 4.086/912 D F1 4.44« S FY 3. «80/3005 B FY coo 79.00/22 F FY 11.5585/715 Lit 2300.95/2353.« Yen 417.12/* D Kr 14.2965/3105 N Kr-11JW2/60S2 S Kr -12.0435/555 Aus acb 28.64/67 Port 1«. 70/1«.38 Spain -191.35/63
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      • Article
        Singapore market
        417 2 BOTH sterling and the US dollar weakened against other major cuiiemiea in fairly active late trading on the local foreign exchange yesterday. Hie market was generally dominated by sellers and volumes ware reported to be "above moderate". Against the local dollar, the US currency closed at *****/S compared
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      • Article
        Gold
        215 2 GOLD FUTURES ia Singapore yesterday closed slightly firmer after fluctuating marginally throughout the wlnn in light trading. Total sales for the day was recorded at 181 lots while kerb volume at 167 lot* Prompt closed slightly higher at USS6OB3O/410JO an ounce compared with 607/608 In New York overnight, December
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      • Article
        Silver quotes
        25 2 f NnT«t 1 1 art* 9* «W UB «MV MB UN Ban M CM* MM prion to OS T Source: Credit Suisse, S'pore
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      55 2 This announcement appears as a matter of record only FORUM DEVELOPMENT PRIVATE LIMITED (A MEMBER OF THE A.W. GALADARI GROUP OF COMPANIES) I *****,000,000 TERM LOAN FACILITY Funds provided by THE BANK OF TOKYO LIMITED HONG LEONG FINANCE LIMITED MALAYAN BANKING BERHAD BANGKOK BANK LIMITED INDIAN OVERSEAS BANK Agent HONG
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      Page 2 Advertisements Column 2
      187 2 Anyone who knows lift trucks knows you can't do better than Hyster. Hyster has a reputation for quality, durability, performance and features. And when benefits like that are engineered into a lift truck, if s likely to be a bit more expensive. Until now. Now there is a new 2
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  • TRADE AND INDUSTRY
    • Article
      Imports from Norway more than double
      377 3  -  By KOH TSE YING SINGAPORE imported *189.4 million worth of products from Norway Cor the first eight months of this year, more than double the amount for the comparative period last year. The goods consisted mainly of maritime equipment, pulp and paper as well
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    • Article
      Japan still Singapore's leading trade partner
      259 3 JAPAN, Malaysia, the US aad Saudi Arabia retain their portion» as Singapore's leading trade partners during the first nine months of this year. Together, they account for more than half S2.S per cant of Singapore's total external trade. During the first nine months of
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    • Article
      Five short-listed for the building of SLF complex
      261 3 FIVE contractors three local and two foreign have been short-listed for the building of the $88 million Singapore Labour Foundation complex at Thomson Road. SLF Properties, the properly arm of SLF, chose the five from 12 pre-qualified contractors. They are: Ong Chwee
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    • Article, Illustration
      PEOPLE IN BUSINESS
      272 3 N» was previttaaaf SmSm li returnMr Archer joined the bank in Lotion in April 1955. Hie major appointments were head of group accounts department, London (1973-75); special duties, corporate accounts department, London (*****8); manager, international (advances) London (*****2). In 1969, Mr Archer attended the Cranfield School of
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    • Article
      Plans to start new courses for prisoners
      371 3 PRISONER*» may soon learn how to bend bars but not so that they can escape. Welding, bar bending and pipe fitting are some of the new vocational training courses being planned as part of prisoners' rehabilitation programmes. And such training will be extended
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    • Article
      Hongkong company buys 75pc of Trivest
      127 3 TRIVEST Balllea Eaterprtw», the M M» Emperar lavestmests Baldlag Casspaay has bsaght 71 per mat af the ■haras af the caapaay owned by tamer «rector Lie Waa Ckta aad hai reCe Pte Ltlr" 1 ta,l,Ml) Em pars r lavested ft.4 Ity stake. Havever, Trlveat'a
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    • Article
      East Asiatic to set up graphic arts school
      411 3  -  By LIM SOON NEO EAST Asiatic Company, the world's largest distributor of graphic arts equipment, is strengthening its foothold in the South-east Asian market for such equipment, estimated at $400 million a year. The company has drawn up plans to introduce an
      411 words
    • Article
      More Dutch may compete here
      300 3 SINGAPORE may soon m in hftg of Dutch engineering rn—imptfrm companies which will compete with the Japanese, Korean, Taiwanese, Australian, British and American companies (or a slice of the fast growing construction industry. Most of them will probably link up with local companies. "We think
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      244 3 EMINCES FOR LUNCH There re more eminces than emince de veau at Le Chalet m 4 w > A 'V. m 4sr At Le Chalet, we're bringing you the most savoury eminces that you can think of. In Swiss cuisine emince means shredded and we're offering you the best shredded
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      Page 3 Advertisements Column 2
      345 3 JOIN THE TRENDSETTOS a IV 3 *T •rr*'* a«P-' *1 V nr. v* 'A'. .VaV -i •L r*f "ft r ?5*.. i 'iMr+sU. *z< For Sale at Attractive Prices: Quaity Office Space with Multiple Conveniences The Parkway Parade multi-use complex is located on a 31,500 m> site stretching from Marine
      345 words
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  • OVERSEAS
    • Article
      Lock icon Oil price unlikely to stay firm next year
      638 4 Reuter THE WORLD crude oil price is unlikely to break Just now despite a lingering glut and recent spot market weakness, but it may be more shaky by next spring if Opec fails to discipline itself and act more like a true
      Reuter  -  638 words
    • Article
      Lock icon The best climates for world business
      142 4 UPI THE best climates for international business over the next Ave years will probably be found in Austria, the US, Ireland, Finland, Denmark, West Germany, the UK, Singapore, the Netherlands and Japan. The highest-risk countries during that rtm» jnrhni» Argentina, Bolivia and El Salvador.
      UPI  -  142 words
    • Article
      Lock icon US concerned over better Sino-Soviet ties
      487 4 NYT THE Reagan Administration is deliberately avoiding any obvious show of concern about the improving relations between the Soviet Union and China, but privately some US officials find the trend troublesome. The basic assessment is that the points of dispute and the past animosity
      NYT  -  487 words
    • Article
      Lock icon Malaysia still in grip of prolonged recession
      225 4 AFP MALAYSIA'S economic activity in the second quarter of this year continued to be dampened by the prolonged ivresrion. Bank Negara said in its latest quarterly economic bulletin that Malaysia sustained a trade deficit of MJK3 million in the second against a surplus
      AFP  -  225 words
    • Article
      Lock icon US interest rates steady and stop declining
      342 4 AFP THE decline to US interest rates seems to have come to a stop (or the moment and analysts in New York say they would not be surprised to see renewed tension in this field over coining months. Until recently, the declining trend
      AFP  -  342 words
    • Article
      FACTORY USE SLIPS AGAIN
      162 4 AMERICA'S recession-hob-bled factories operated at ]ust 68.4 per cent of their capacity last month, the loweet rate since record» were first kept in IMB. Tbe Federal Reserve Board alao aid there Is evidence that not Just use of factory capacity hot the total capacity of such
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    • WORLD IN BRIEF
      • Article
        Lock icon CALTEX EN OIL TALKS
        217 4 Agencies CALTEX Pacific Inrtonenis is discussing a new contract with Indonestsa government officials and is confident a satisfactory agreement will be reached. Caltex now operates in Indonesia under a reveuue •baring agreement while utiiei companies there work under production during contracts. BBNMX Car, mU It and
        Agencies  -  217 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      665 5 ARRIVALS Service Local Operator Number Time i From RBA BI421 1000 BWN MAS MH671 1020 KUL CPA CX710 1035 HLP MAS MH811 1040 PEN SIA SQ103 1100 KUL GIA GA960 1100 HLP SIA SQ201 1130 HLP THAI TG403 1140 BKK SWR SRI 76 1145 ZRH/BOM GIA GA940
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    • Article
      Lock icon Private investors sought
      389 5 NYT FRANCE'S socialist government has decided to ask private investors to finance more than half of the big, new industrial investment programmes it wants the II major companies it nationalised earlier this year to launch in 1983. The cabinet, hoping to revive the stagnant French economy, agreed
      NYT  -  389 words
    • Article
      Lock icon Haddad disclaims part in massacre
      551 5 Reuter NYT MAJOR Saad Haddad, leader of south Lebanon's proIsraeli militia, has denied his men were involved in the massacre of Palestinians at two Beirut refugee camps. The major, whose forces have been equipped by Israel since he broke away from the Lebanese army in
      Reuter; NYT  -  551 words
    • Article
      Lock icon Mixed reaction to slide in sterling
      506 5 Reuter STERLING'S sudden slide on foreign exchanges and its fall from grace after being one of the world's most stable currencies in the last year has left Britons unsure whether to welcome it or worry about it. The UK government will be happy to
      Reuter  -  506 words
    • Article
      Call to open more markets
      148 5 AMERICAN ambassador to Japan Mike Mansfield bluntly called on Japan to assume "a much more responsible position" in international trade matters by opening further its markets to American products. "They will do it if we are a little patient and a little understanding," he said.
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    • Article
      Lock icon Solidarity chiefs groping about for new strategy
      439 5 NYT UNDERGROUND Solidarity leaders have admitted that their call tar strike* and demonstrations last week in Poland was a near-total disaster and are groping about tar a new strategy. The current issue of the underground newspaper Tygodnlk M&zowsxe, the clandestinely distributed weekly of
      NYT  -  439 words
  • Page 4 Advertisements
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      171 4 THAIS ASIA One-stop to Copenhagen, Rome and Athens, then take your choice to F^s,Frankfurt,Amsterdam and London. Catch Thai on the GREAT CIRCLE EXPRESS ROUTE. It flies the shortest distance non-stop to COPENHAGEN, ROME and ATHENS. Then onward to the other great European capitals of PARIS, FRANKFURT, AMSTERDAM and LONDON. Our
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      Page 4 Advertisements Column 2
      157 4 v> > Malaysia's new fine wine merchant, would like to send you their comprehensive wine and spirits price list. It contains over 400 wines from connoisseurs' vintages like Chateau Beychevelle 1929, Chateau Latour 1949 and Chateau Petrus 1952 to a host of lesser known but eminently drinkable table wines. This
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      Page 5 Advertisements Column 1
      407 5 Who can fix breakdowns of electrical motors before they happen? v.> MBI' w J^P>. iSI s Vy is--■K BU&SW: V,» "'W-' Monitoring bearing and vibration condition of motor M Electric motors WM work round the clock for weeks or even months without attention. But fact is, even the hardest working
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  • Article
    Disclosure standards
    433 6 THE DEPUTY chairman of the Annual Report Awards working committee may have touched a raw nerve when he charged that local merchant banks have failed miserably in their duty to ensure adequate corporate disclosure by companies seeking a public listing for their shares. The reaction from members of
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  • Article, Illustration
    Lock icon Andropov's chess game in Kremlin
    1286 6  -  By JOHN BURNS NYT WITH Leonid Brezhnev's funeral behind him, western diplomats here are watching for any moves by Yuri Andropov, the new Soviet Communist Party leader, to strengthen his position by adding new members to the two decisive bodies in the Kremlin hierarchy, the
    NYT  -  1,286 words
  • Page 6 Advertisements
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      323 6 In our world we like to get straight to the point. EFFECTIVE NOVEMBER 1,1982 NON-STOP FLIGHTS FROM SINGAPORE TO RIYADH AND JEDDAH EVERY THURSDAY AND SATURDAY AT 12.15 AM. Catch any of the frequent daily flights to Singapore for the only non-stop flight to Riyadh and Jeddah. The Saudia Express
      323 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      686 6 DilbXOiW Vtow P<*£TV4lK3&, etfJSTCXJ lllfll IT'S P>U. \S \T O 'C' 7 ue«e in mpm* or thc Nepß Pro »we ST\LL GOT PIN fcmPTvj D»P*3>| PMD BLAMK fico< (Mla -11-OIE CROSSWORD 1 CEYPTIC PUZZLE MM 01 Animal, outwardly a rat (6) 7 Garment changed to a cover (8) 8 Halting
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      742 6 SINGAPORE 5 2.55 m Opening fallowed by Huang Foi Hm| (Mandarin/r) 4.35 The World Sportsman; Author Peter Benchley, along with expert underwater film-maker $tan Waterman and scientist Ted Rulison, dive into the Sea of Cortex, California, in an attempt to uncover the mystery behind hundreds of Hammerhead Sharks schooling in
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  • Article, Illustration
    Always looking out for opportunities
    1748 7  -  By LEE YOKE MENG "IF YOU want to go international, the world is your market. What we do is look for the opportunities," says Mr Chew Loy Kiat, head of the Insurance Corporation of Singapore. With this dictum in mind, Mr Chew is working hard
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  • Article, Illustration
    32 years in the business and Chew's still enjoying it
    535 7 ITS Us 32nd year in the business. Bat never (tr a moment has Chew Ley Kiat considered it as a boring exercise or m a nerve-wrecking one. It should be either (or the very essence of insurance is risk-taking. Yet
    535 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      348 7 ...I'. *i m" i m*. f W r> s i z: ■i ff r W a v n v I I JC* r«- J Robyn Goh surrounded in her home with many fine pieces of richly carved Nonya furniture she has personally collected. In her business as an antique dealer,
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  • Article, Illustration
    Towards quality accounting
    5416 8 INTERVIEW held with members of the ARA competition committee Messrs Tony Coomber, Richard Eu and Keith Tay, Nov 2 at 11 am. BT: Next year will mark the ltth year of the ARA eempetitlea aad It is, ia that ■ease, sa longer a new ceaeept to the
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  • Article, Illustration
    Objectives of the Annual Report Award
    437 8 To encourage the presentation and distribution to shareholders, employees and to the public generally of adequate financial and other information regarding a business enterprise in a form which those without business training can readily understand. To encourage the development and use of valid and
    437 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      494 8 FINE CHINESE ANTIQUES WORKS OF ART KWOK GALLERY Pte Lid 101 103. First Floor, Far East Shopping Centre, Orchard Road. Tel: *****16/*****42 THREE GENERATIONS OF EXPERIENCE SINCE 1918 MIDDLE EAST ECONOMIC DIGEST hijlAoJlg JUI Mb Banking Finance announce a major international conference ARAB ASIAN BANKING AND INVESTMENT Crucial Issues for
      494 words
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      Page 8 Advertisements Column 2
      136 8 Sintat takes you off the beaten track or straight to where you want to go Explore magical Malaysia at your own pace with a Sintat car. Malaysia has one of the finest road systems in Asia, making travelling by road not only pleasant but comfortable and smooth. Take a short
      136 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      111 9 6 6 The Asian Journal is an invaluable source of information." Mr. Kenneth E. Selzer Manager, Far East Operations Taiwan/Singapore Clb Corporation Taiwan THE ASIAN WALL STREET JOURNAL. Asia's Business Daily Printed in Singapore Daily delivery Monday through Friday One year for Ssl9o 26 weeks for Ss9B 13 weeks for
      111 words
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      Page 9 Advertisements Column 2
      485 9 The Sanwa Bank Limited (INCORFOtATED IN JAPAN) NONCONSOLIDATED BALANCE SHEET AS AT 31ST MARCH 1982 and 1981 Million* of Yen Cash ond Due from Banks Cal Loans Securities Loans ond Bids Discounted Foreign Exchange Assets Other Assets Premises and Equipment Customers' Liabilities for Acceptances and Guarantees Total Aaeets ••7,418 *****21
      485 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      220 10 Where to wine, dine and entertain Z> with the American Express* Card 'if you don't already have the Card\ call *****33 for an application formf Buffet Diorer Buffet from 6.30 pm 10.30 pm Dry Oyster Peanut Porridge Fried Vegetarian Bee Hoon Chicken Rice Sticky Rice Chicken Satay Indian Dhal Curry
      220 words
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      Page 10 Advertisements Column 2
      162 10 for sushi. For teppanyaki. For other authentically Japanese cieliqhts. I 1 rt 's t u;< c.i" 7>7 l 'b77 (■iH' 11 I ilk In'i 11« >i i i 111^; 11 n fN \M NUTMEGS offers 10.30 a.m.-3 p.m. $21 per person Please coll *****88 ext 663 tor reservations HYATT r?EG€NOOSiNGAPORf
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      Page 10 Advertisements Column 3
      133 10 L'escargot. Restaurant extraordinaire. (Our menu is a gourmet's delight) 006 HOI IMPERIAL SINGAPORE 1 JALAN RUM6IA SINGAPORE 0923 TELEPHONE NO Jillbbb Owrxnf Company HotcK International Ltd Experience' superb Seafood and unique C in continental ambience. lull am i Sn-Stod-Slutxtn Please call *****83 for reservations. V/'I: mmm Valued in all ways.
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      Page 10 Advertisements Column 4
      104 10 o w •> •w A choice of 20 delicious teas. Silver service, naturally. And light, classical music to accompany it all. The Music Room. At the Hilton. Be in vogue ,11X Lit >iaiy Vrrv «'*t liisiv«• Verv ciiff*♦ r*>lll VVrv privatf. I' s disco— diul more. MaS -s* -r I*
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      Page 10 Advertisements Column 5
      111 10 ftfc as good as going toßanjpfiok. f J 1 This is Thai Seafood at its autftantrc bast. So frWi, it could hava baan aiiva 15 minutas bafora coming to your labia It was. An •normous wsnaty of succulant saafoods sxpartly pfaparad by Thai chafs in our kitchan. Siamese Seafood Restaurant
      111 words
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  • RAW MATERIALS
    • Article
      LONDON MARKETS
      875 11 COffK: Robusta coffee futures were higher at midday, between £35 and £12 a tonne above Wednesday's clsse in traded positions. The physicals market was quiet. Futures volume yesterday morning totalled 1,883 lots and included 15 options and 231 self trades. SUGAR: Raw sugar futures heid steady throughout the
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    • Article
      PALM OIL
      142 11 The Malaysian crude palm oil market yesterday closed higher on further covering support in active trading. In the Nov position the south and central sectors rose M 57.50 and IQS respectively to MJ72O per tonne, while in Dec central firmed MJ6.50 to M1742J0 and south IQS to M*7*o.
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    • Article
      RICE
      326 11 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 100 p«r cent second class 0.78, 100 per cent third class 0.73, S per cent sew crop no stock, B-10 per cent a7O. THAI BROKEN: A-super 0.00, Special 037.
      326 words
    • Article
      Straits Tin
      40 11 THE STRAITS TIN price fai Petug yesterday Manned at the IT A fleer level §1 Ms».li a Idle. Dealers sat* the better stock maaager etasrtei meet ef the lewer taraever §t 121 teaaee, iewa frem Ml ea Wetaeaday.
      40 words
    • Article
      CLOSING PRICES
      32 11 Rubber: Nov 18 Singapore: Dec: 177.75 cents (down 0.75 cent) Malaysia: Dec: 193.50 cents (down OJO cent) Tin: M 539.15 per kilo (ueknaced) Offlenl offering: 111 tonnes (down 81 tonnes)
      32 words
    • Article
      Malaysian duty rates
      81 11 TOE Malayriaa of Flnancc has fixed these rnfcs for the period from Nov U until talk notice* Mtart UWt cents a kflo for RSS One; Cspra: MWKhOOs tonne; Pal* kmi: *65.75 a Willi 11|| RMS.I7 a tonne; JIlMk peypv: 52.1C.00 a The rata of doty payable are:
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    • Article
      RUBBER
      295 11 RUBBER PRICES IN Singapore yesterday closed slight* ly lower with December One RSS buyers quoted st 177.75 cents per kilo, down 0.75 cents from Wednesday's close, dealers said. Morning prices were quietly steady after a marginally higher opening. Afternoon prices eased further on some Dscemher selling. In Kail» lanyv,
      295 words
    • Article
      RAS PRICES
      223 11 IUS prtew In eaota par klk> ywurdar /m. ill i'l liiM&ijj a (parkfla) i- mm mum mis mm mm mm mm rnmN mm itum mm in jon Ml» UUM UMI 157 JM 154.00 HUM UMI MUM mm ismm |wr kfloyiwfcy Nm <!«») nui mjm mis mm wji mis
      223 words
    • Article
      SSR and SMR
      75 11 NOON—I—<MM prt—j ilni^ ■Al DMMk« JuatlT <C»rr—« M») (f»rr«ijjfA) a—» |l*pdW U7JC LMJCM LMM '""'«JON an 10 <i-*bMk> uui uijon uut im.hu ■BC* (14ap*U 101J0 1MJ0N IMJO 1MJ0N SMH L (l-*a IMJO 1MJ0N IMJO 1MJ0N SMRI (l«i|*ll IMJO 1M.S0N UUt 1*7 JON SMXOT (I4ap*u UNO I'NO UNO
      75 words
    • Article
      Produce exchange
      153 11 -lĔkm CSses-ft Bufc fob W OO ■elkra, old drum (in second hand drum) fob &OLOO sellers, new drum fob $107.00 sellers. Capra: Mixed (loose) $50 buyers. Pepper: Muntok white pepper fob Asta NLW «332J0 sellers, Sarawak white pepper foq fob NLW BZ7JB sellers, Sarawak special Mack pepper fob
      153 words
    • Article
      TEXTILES
      180 11 TARN and cotton prices were quoted as follows in Hongkong yesterday. (fo HK dollars, spot ex-go-down) OMOra yen: CUaa Bine Pholx as 2JM; Xfo 3,0 Ml He 14J0 (per bale sf «0 lbs). Pfoes gee*: Chlas Butterfly sad GBobe bread uaq; Dragoa Head aaq; Fhe Lambs uaq; Flower aad
      180 words
    • Article
      SOYBEAN
      106 11 SOYBEAN future is Chicago on Wfthwsdsy wen op 2 V. to five US-cents a busbel tt .BddMn, with prices on the low ride at a cent range. Carryover short-covering mainly due to unseasonably quiet country movement extended yesterday'« sharp advance tram the start. Traders said buystops were touched off
      106 words
    • Article
      WHEAT
      171 11 WHEAT futures in Chicngo on Wednesday broke to the minus side late in hectic trade to dose on the bottom of an m US-cent range, down five to 2Vt cents a Steady carryover commercial selling prevented the market from rallying in sympnthy with corn and soybeans all day, and
      171 words
  • INTERNATIONAL STOCKS
    • Article
      Prices sharply higher
      731 11 NEW YORK STOCK PRICES IN New York on Wednesday prices soared as speculation about a possible discount rate cut persisted on Wall Street despite above target growth in the mousy supply. The Dow Jones industrial average was on the plus side all day and finished with a
      731 words
    • Article
      JO'BURG
      138 11 wot n i INDUSTRIALS A A+tm. Mi JJJJ utata TM ♦i iar» JJJ, ♦B a RMA ♦M_ MM M ffeNMi mimM riTvMk w M m m M iirti VTA HMI Illl1*| tm m m m m m -M ♦M ♦i oil: ZTZ OkBM n £3 rnp *f» J •M
      138 words
    • Article
      TORONTO
      124 11 WO* 17 C$ AMUM im ■ut Wow 1 WaUTai BPOuLM. CUMWMTU Can lap Mk Cu Pia M| SSCoei (WMMU CnBUuta Oaj^Mwta* H mm mm mm mm im ik« a •fa m k lift »a mm 1 11 1!♦♦■♦♦♦♦ m n% ft 1* Ot Wast Ltl* OtTaOovKl otfoacM zzW* laM
      124 words
    • Article
      Paris
      36 11 iw*n Vto QBOUPB oo—m g»"T— u" mch SĔE:: ®|ll 5 mST 41 taSC mi (UnttaL M B2sr<£=iir' :r —y s tsg£=!: MMr 1M QBOUP D j»°»» swa» —a I"'' t£ CAM MABIKT S3SJWlr=a? It a»»—y
      36 words
    • Article
      Zurich
      31 11 *555 j- <■ 3T' SSSr SLB. tm 5T* m ntiBiii in —SL a2gro=a JK&ms *****=1 :i r SSSimzzz S 7T* jflVgTii w EST* r JL «8M0W: CMM MM Source: Credit Suisse
      31 words
    • Article
      Brussels
      51 11 wofn m Or Ira luu aS IT* rvlWAKD MAJUUT Mm s :s AM* AltMd M MN -M «S» let ta Mc T" Qunr M i» la -at (KM s CMi m -t SL S i IW «di CASH MAI AtrntOao I betalHiH 1 uurr mm -m mm -m BU
      51 words
    • Article
      Milan
      45 11 mrrn sr* UN tm m a mt vtUl MkMlaON jMMMi OtMHOM MDiHC n«i m m m m u M a Otm HIM. U»MM mm n« xm i u m to* Stare*: 1 > 1A1 MM mm m HI ICI n x M s Source: BCI
      45 words
    • Article
      Amsterdam
      116 11 Horn ABM Ahold MOT WM 23 Mi »HI— SCS CM* MIMti v«b Fokkar hN OMtm CMHn HVA 1i ma ti mm +*m mm *u mm iu ■Ji -l» 44» *l» ULa 4i 4L44 we* ***** one* 22 SS 41 MJI *4.4 144J4 41 U4J4 *U mm iU 14J4 +44
      116 words
  • Page 11 Advertisements
Page thumbnail Page 12
  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1542 12 BID and Mter prices frffWaiiy listed and business In and reported to the Stock Exchange of Singapore yesterday, with the number at shares traded shown in brackets in lots o( 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acmm (1628 2MB)
    1,542 words
  • Article
    SHARE INFORMATION SERVICE
    2879 12 11 Hick Ml Low Last Ort DW DH Gr*s ru Net P/B <w> Day Cempaay Bale +er- CVr His A Low SBCTION ONK INDUSTRIAL ft COMMKBCIAL 350 as 308 330 141 an 480 as 400 m ua 400 as 444 1040 an 440 as as as 4a
    2,879 words
  • Article
    In Kuala Lumpur
    1594 12 BID Md aflv pricm aOcteOy teud •ad hi win— ta aad reported to tte terday. vttk the aumber d tea traM *owi ta bractett ka to* at LBB «Mi Mm Mknto MackBad. mmui If i I (UB) (1)1» AIM (1.4® 1.4«) (8) 1.44 (8) LB (U) 1-41
    1,594 words
  • Article
    COMPANY MEETINGS
    45 12 TASEK CCMI Betted: Twenty-first AGM to be held at Taaek Industrial Estate, Tasek Drive, Ipoh on Nov 20 at noon. HUME lad—tries (Malayda) Bested: EGM to be held at Jalan 219, Off Federal Highway, Petaling Jaya, Selangor on Nov 25 at 2 |Jm.
    45 words
  • Article
    Early rally tapers off
    433 12 BBAHB dU aet atav Ike kate Be f STtfceeeralag^eeet te lack et Mi« tai^i BeHectlßg tMe, tke Straits Tfaiee tataskrlil ladex, afttak kad gataed LTlpctata ealy a l.Wpstat itae te IMJI at ItaJM ML eatr'aa wtaaers by aae JijkMMta iMeIHMj EsSßsiS favearltee like F BLevlagstea, Bethßaas
    433 words
  • Article
    Kuala Lumpur shares surge
    532 12 IN SPITE of poorer trading conditions in the afternoon Marion, share prices managed to stay ahead at the Kuala Lumpur stock market yesterday. Total turnover was slightly lower at 5.48 million units valued at MSIS.OS million against Wednesday's 5.94 million units worth $16.51 mflUon Share prices
    532 words
  • Page 12 Advertisements
Page thumbnail Page 13
  • COMPANY NEWS
    • Article
      Fima Metal Box interim up 5pc
      319 13 IN SPITE of recessionary conditio»», Fima Metal Box has managed to turn in a marginal five per cent increase in group pre-tax profit to M$L79 million for the first six months ended Sep 30,1981 Sales, however, rose 17 per cent to 153.06 million, suggesting
      319 words
    • Article
      Malaya Glass incurs loss
      335 13 GLASSWARE manufacturer, Malaya Glass Factory Bhd, has reported a pre-tax lorn of MJ520,M0 for the year ended July 31,1582. The reversal of performance by this Johoro-bssed company Is in charp contrast to the pre-tax profit of J2.U million achieved in the previous year. The profit setback
      335 words
    • Article
      In Hongkong...
      102 13 THE FOUR Hongkong stock «changes yesterday suspended trading in the share* of Axsaa International (HsMtags) Ud because the ■stock has been moving irregularly since Wednesday. The Kam Ngan Stock Exchange Ltd suspended Axons five minutes after 1300 br* and the others followed suit 15 minutes later. A Kam
      102 words
    • Article
      Unit trusts
      127 13 Tte Coauawo* Ui AtMprw Ui rpmPniVM ui rpcnSK. r»d ui S*pon b«W tad Ui S*par»BqtftrIM Ui imwf«w "U vn Ui Mi LI* Ui I S5eM(xai) mOMBMN »■—n krNif Oct Mi UI DDNR IM» Ui "L mi UI L« frtw tar In Mbm«rM i a IWPikVM l« Mai Saaalty
      127 words
    • Article
      Carrian has funds to service debts
      517 13 CARRIAN Investments Ltd has sufficient fundi to meet interest due on outstanding debt phis repayment of principal, executive director Bentley Ho said. Loan repayment and interest due before end-1983 totals HKJBIO.7 million, leaving outstanding debt thereafter of about $23 billion, mostly long-term, he said.
      517 words
    • Article
      Toshiba (M) in the red
      157 13 TOSHIBA (Malaysia) has slipped into the red with s lorn of MSa3,<S for the year ended June 30,1582. This rspreemts a deterioration of its trading position, ss the groan suffered s 64.0 per cent drop in its consolidated net profit to 1CT8,934 last year. Toshiba's
      157 words
    • Article
      Alcorn's M$120m mill almost ready
      429 13 ALUMINIUM at Malaytfa Bhd's (Aloom) MP* mfTHow Ml plant at the Bukit Raja Industrial Estate mr Kelaag. Sdaafor, is Mrt« completion Alcorn, 48 per cent-owned fay Canada's Alcan Alumlntmn Ltd (Aloan), is expected to produce 24,000 tonnes of al—fad— rinet ner veer and provide up
      429 words
    • ASIAN STOCKS
      • Article
        Market closes weaker
        187 13 HONGKONG STOCKS IN Hoagkoag yesterday extended early loam and closed weak, following the susp—lon of Axons International (Holdings) Ltd, broker* arid. They noted nrrroianrso in the market due to tan that more finance rnmnanlf might be In trouble. Another company, Dollar Credit (Holdings) Ltd was suspended earlier
        187 words
      • Article
        Tokyo shares finish higher
        271 13 THE Tokyo stock market yeaterday firmed, prompted by the overnight advance on Wall Street and ia anticipation of lower US interest rates and a stronger yen, dealers skid. The market average rose 45.33 to 7,785.43 after a 41.80 gain on Wednesday. The Tokyo stock exchange index
        271 words
      • Article
        Manila
        81 13 SHARE prices in Mann» yesterday dosed mixed on a reduced turnover of 801,230 pesos, down from 974,430 on Wednesday, dealers said. NOT ia ArSo prnT* SSJ— Imh!cS7 c«s» rMPWBHMli i. OrtMhll neo»» rurr Mnl Naa UIM tUM ma a* ml* +aji IM -MM UU -MM IJD ooeh f -M
        81 words
      • Article
        Bangkok
        89 13 SHARE prices in yesterday closed lower again due to praflt-takftw, dealers said. Tradti* was quiet. The Book Club index CeO 1.00 points to 100. If on s turnover of 17.0 million baht. wot U BUM* SSEszzi ■SSPor ArSLiv* LM SS5Sfc—z:S 1 Charade Thai rSSmm fWTti mit ~i Ooodyeer »na«»nal
        89 words
      • Article
        Sydney
        267 13 PRICES IN Sydney yesterday Ihmed In quiet trading after Wall Street ratted on hopes of lewer Interest raiim, broker a aid They said local inventor» hieitalnil bdore takhw late poaltlona, mainly in resource stocks. The AH-Ordl-narim Index closed up 5.7 points to 5034, the all industrtals added U to
        267 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      78 13 U5515,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 23rd November 1984 The Mitsubishi Bank, Limited (Singapore Branch) A In accordance with the provisions of the Certificates, notice is hereby given that for the six month interest period from 22nd November 1982 to 23rd May 1983, the Certificate will
      78 words
    • Advertisement
      Page 13 Advertisements Column 2
      393 13 Computer Centre Commissioning Systematic Business Training Centre is proud to announce the commissioning of its new Computer Centre on November 19,1982 by Dr. Thio Hoe Tong, Director, Computer Centre, National University of Singapore. SPECIAL WELCOME We wish to welcome our special overseas guests: Mr. Ashley Goldsworthy, President, Australian Computer Society;
      393 words
Page thumbnail Page 14
  • Chief Price Changes
    • Article
      SINGAPORE
      159 14 Rises Indices Kuala Sidlm 300 80 Hume M 400 57 Nov 17 Nov 18 P B Leviagatoa AoktM 480 300 440 22 30 14 BT Indicator: *****3 *****2 Bala Liataaf ST Industrials: 748.54 749.93 D B 8 810 10 ST Finance: 1718.52 1718.25 Metro HMga 730 10 ST Hotels:
      159 words
    • Article, Illustration
      KUALA LUMPUR
      199 14 BAH price» etoted nixed aa the g, pr*** gtick aehttgc yesterday >ia ktytag interest, which wu itrNg iutag the Mnhg inin, vu not whhd In the «ftwiit. Ai resalt, the Straits Times ladastrlal lata recorded only a small rise at 1J» peiats ts 74tJ3 at the rising hell,
      199 words
    • Article
      Selected indices
      53 14 FINANCIAL TIMES INDUSTRIALS Wednesday 628.4 Tuesday 618.2 Week Ago.- 834.5 DOW JONE8 AVERAGE INDUSTRIALS Wednesday 1027JO Wednesday Week Ago AUSTRALIAN INDUSTRIALS Thursday Wednesday Week Ago Week Aco 810.79 875.83 838.8 .834.5 .848.4 648.4 Tuesday 1008.00 Week Ago 1044.52 H.K.HANG SENG Thursday—: 787.81 ALL ORDINARIES Thursday 502.8 Wednesday 4901
      53 words
  • COMPANY BRIEFS
    • Article
      HOTEL Properties
      60 14 has in- formed the Stock Exchange of Singapore that the purchase of the Balmoral Park property by Southway Properties will increase the latter's equity to about $10 million, to be subscribed 75 per cent by Hotel Properties and 25 per cent by Metro Holdings. It estimates the construction
      60 words
    • Article
      HARIMAU Investments Ltd
      72 14 has announced that its net tangible asset backing per share was $1.22 as at Oct 31. Assuming full conversion of the loan stock into ordinary shares of the company, this figure would be $1.16 as at that day. THE net tangible asset backing of United International Beenittles
      72 words
  • Article
    UOL buys 10pc of Marina Centre
    486 14  -  Companies Editor: Mano Sabnani By NAJEEB JARHOM UNITED Overseas Land has bought 20 million shares or 10 per cent of the issued capital of Marina Centre Holdings Pte Ltd from its parent, United Overseas Bank, for $19.66 million cash. Marina Centre Holdings was set
    486 words
  • Article
    Trading in Hwa Hong suspended
    165 14 TRADING In the shares of Hwa Hong Manufacturing Co Ltd will remain suspended until shareholders' approval on its proposed acquisition of Singapore Piling and Civil Engineering Pte Ltd has been obtained. This is necessary because of the si» of the acquisition. The substantial acquisition involves
    165 words
  • Article
    Jack Chia buys K J Textiles
    288 14  -  By SIOW LI SEN LOCAL entrepreneur Jack Chiarapurk has bought another Australian company through his publicly listed arm in Melbourne, Jack Chia (Australia) Ltd (JCA). Yesterday, JCA announced it has entered into an agreement with Stirling Lindley Home and Robert John Hoar, the receivers
    288 words
  • Article
    LONDON STOCKS
    836 14 EQUITIES opened higher yesterday in line with the gains made on Wall Street on Wednesday night, dealers said. The Financial Times index at 10am was up 5.5 points at 633.9. Renewed speculation of a cut in US discount rate underpinned the higher opening, with some companies additionally boosted
    836 words
  • Article
    Promet to prospect for oil in Malaysia
    333 14 PROMET nmtoi kaa lakes yet uKher Map Into tke all exptorattaa Mu\ 11, this One la "tome base" Malav- thai beeamlag tke first leeally-ewaed paUte to toke part la aa try. 11,11 Prsmet aaaaaaeed «a Wrianiay tkat It kaa eater ed lata aa
    333 words
  • Article
    Lock icon Keppel eyes FELS
    521 14 Taking Stock... By Hock Lock Siew A YEAR AGO, some interesting comments were made in this column about Keppel Shipyard's purchase of additional shares in Far East Levtagsten Shipbuilding (FELS). In the Taking Stock column of Dec 23,1961,1 said: "A mopping up exercise of minority interests in
    By Hock Lock Siew  -  521 words
  • Article
    Changes in Sime board
    229 14 SIME Daftiy Bhd has announced another board restructuring with the appointment of (our new directors. They are Messrs Anand Panyarachun, Haroen A 1 Rashid, Vincente T Paterno and Martin S Berry. At the same time, two directors Da to Junus Sudin and Mr Sixto Kalaw Roxas
    229 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      57 14 This announcement appears as a matter orf record only ASIAN DOLLAR ISSUE 15th October. 1982 THE LONG-TERM CREDIT BANK OF JAPAN, LIMITED (SINGAPORE BRANCH) 3 U5515,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 17th October 1985 Managed by BANK BUMIPUTRA MALAYSIA BERHAD (SINGAPORE BRANCH) LTCB ASIA LIMITED Agrot
      57 words
    • Advertisement
      Page 14 Advertisements Column 2
      140 14 THE BOEING 757 ISTHE MOST EFFICIENT NEW JETLINER FLYING TOQft With fuel savings of up to 47%, the Boeing 757 can keep Southeast Asian airlines a step ahead of rising fuel costs. The 757 is equipped with quiet, fuel-efficient engines. It's built with advanced, lightweight materials. And it features computerized
      140 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      66 14 OUTLOOK for today: Fair in the morning, with showers expected in a few areas in the afternoon and clearing by evening. Bepert for U tam prfor to 7J pm on N«v 18 Attkeairpirt: Maximum temperature 33.4 Associated humidity 60 Minimum temperature 25.3 Associated humidity 93 Hours of sunshine 8.30 Rainfall
      66 words
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  • SHIPPING TIMES
    • Article
      Lock icon Lloyd's Register's East Asia meeting in Hongkong
      139 15 AFP shipowners, .shipbuilders and Industrialists representing Burma, %>ngkong, Indonesia, Malaysia, Philippines, "Singapore, South Korea 3 imd Thailand will meet in Hongkong next week, it announced. 4nuT he y wD I meet when ..nOoyd's Register's East Committee holds its general meeting there, the Lloyd's
      AFP  -  139 words
    • Article, Illustration
      Another container ship enters Med Club's fleet
      534 15  -  By JUNE LIM THE Ace Concord, recently taken off the Ace consortium's Far East-Europe service, will be serving this region again, this time with the Med Club consortium in the Far EastMediterranean service. Renamed the JEswana, the vessel has been chartered by Nippon
      534 words
    • PORTSIDES
      • Article
        Amver awards
        180 15 TWENTY-FIVE Singapore ships owned by ten local companies were presented with the Amver Award for search and rescue by the US Ambassador to Singapore Mr Harry Thayer. The awards are presented annually by the US Coast Guard for the outstanding support these ships have provided to the Automated
        180 words
      • Article
        Lock icon New coal terminal
        64 15 AFP FIVE big United States coal companies announced they will build a $U5-million coal terminal at Newport News to an 15 million tons of coal exports. The companies Armco Inc. Ashland Coal, Pittston Company, Utah International and Westmoreland Coal Co which operate coal minp# mainly in Virginia,
        AFP  -  64 words
    • Article
      INDEX TO ADVERTISERS
      482 15 SMpplegUee Pifi CM HMpph| UM c«i ®W vm 1 fiaiiwi IV a am* vm I nrjo stum tx 1 hm vn 4/s jSS"" y? g» 1 rrmrtn*! Of 4/5 vn rrmta NVOC VI 1 V a ZZE" J x V V l 5 J GtafctU» VI 4
      482 words
    • Article
      Lines plan trade on trans-Pacific route
      657 16 WITH the Philippine liner trade in its traditional lull in the next three months, and most contracts signed and shipments on the way, some shipping lines have started preparations for next yaar. Their plans focus on the trans-Pacific route where big and small shipping
      657 words
    • Article
      Lock icon Mishap on board ship
      135 16 AP A LIFEBOAT under repair on a freighter at anchor in Los Angeles harbour Ml on Wednesday, killing a chief engineer and injuring two crew members, Los Angeles authorities said. The accident took place on the Panamanian-register-ed Orient Union, said city Ore spokesman John Martinet The
      AP  -  135 words
    • Article
      ORIENT EXCHANGE
      667 16 OVERCAPACITY on most liner trades has forced internationally trading trampers to take lower rates or go into lay-up. Within Asean small coastals are finding less employment as total tonnage is down about 15 per cent over November 1982. The pressure to turn vessels around quickly in ports is
      667 words
    • Article
      Willine's service
      71 16 BARBER Wllhehnsen Agencies has said that WIIHne, one of Its principals, doss not operate a Singapore/ New Zealand container service aa reported In the Shipping TZnxvoc Nov 15. wmine was not represented In Malaysia before the recent appointment of Netflloyd EAC. Barter remains the line's agents in 9ap
      71 words
    • Article
      LONDON FREIGHTS
      1718 16 UNCONFIRMED market talk of Chinese time-charter hnslnens mainly to carry fertilisers from the Mediterranean and the Continent was the main feature in an othai wise rather dull freight market, shipbrokers said. Chinese operators are reported to have booked a 14,000 tooner on Wednesday from the Continent to China
      1,718 words
    • Article
      Lock icon Plea to improve tax allowances
      323 17 Reuter THE General Council of British Shipping (GCBS) is making a fresh plea to the UK government for improved taxation allowances both for new and second-hand ships, GCBS director general Patrick Shovelton said. Greater allowances are especially needed for second-hand vessels, he said, since in
      Reuter  -  323 words
    • Article
      Lock icon Suez celebrates its 113th anniversary
      387 17 UPI THE Suez Canal has come a long way since a coterie of world royalty and celebrities steamed through the waterway on Nov 17, 1869, opening it for the first time to world shipping. On its 113 th anniversary, the major international shipping artery is
      UPI  -  387 words
    • Article
      Lock icon Oriental Changer's investigation
      105 17 Reuter THE body of a Filipino sailor killed in a fight on board a container ship, the Oriental Changer, last week was flowc to Manila, an official at the Philippines embassy said. Embassy officials investigating the killing of Polly Mot (Paulino) Poncion, 33, had questioned a Filipino
      Reuter  -  105 words
    • Article
      Lock icon Renewed calls in EEC to form port policy
      444 17 Lloyd's List RENEWED calls have been made in the European Economic Community for a revival of efforts to form a port policy throughout the 10 members. A working party set up by the EEC Commission in the 1970s was disbanded in 1980
      Lloyd's List  -  444 words
    • Article
      Two vessels to be jumboised
      101 17 TWO vessels of Italian shipping line Andrea Merzario will be Jumboised to become the largest ships of their type under the Italian flag. Merzario has signed a contract with Cantieiri Navali Riuniti di Genoa, which will carry out the job at its yard at Palermo,
      101 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      5474 22 SHIPPING LIST where your ships are due and when SCHEDCIE 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
      5,474 words
    • Article
      Container Schedules
      741 23 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Green Forever Cecllle Maersk l Chev Vai belle BTeratal Jebel All Tambang VII Maersk Tempo Thana Bhum Jenhol Batara Mansart BButang European Exp As Pallas Arnold Maersk KagaMaru K Prorokov Ever Pioneer Johore Br Flamingo Dellcla Green Forward Omex
      741 words
    • Article
      WHO ACTS FOR WHOM...
      1769 23 The leading shipping lines operating from local ports and their agents. A B Arhtpetega Shpg Singapore Shpg Corpora non (S) Euro-Asia Une (PN KL PKI Adriatic CaaUlner Continental Fwdm (Si Cargo Freight (PK) AFEA Singapore Shipping Corporation (Si Euro-Asia Line <PK PN) Urt-RuMk Liar Tranagroup Pte
      1,769 words
    • Article
      SHIPS IN PORT
      494 24 AT CONVENTIONAL WHARVES Vessel KEPPEL WHARVES DaBaJShu Equator II Johneverett Kota Slngapura Ned Nagoya Noshlro Maru Sankou Maru Adelphl Yemelos Equator m Kota Berkat Sally Ocean Sekl Matsuyama Temburong PASIR PAN JANG Berth 47 22 18 8/9 3/4 35/8 25/6 35/6 22 13/4 5 8/9 20W Agent
      494 words
    • Article
      CONSORTIA
      209 24 THE MAJOR shipping consortia operating between th Far East Europe, Far East/Persian Gulf, Straits ports .Australia, Straits/Japan and the member lines: ACE (PAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (BTRAITB/ AUSTRALIA): Australian National Line. Australia/Straits
      209 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      333 15 24 hour service by twin-engined helicopters to vessels at sea in Malacca Straits and South China Sea. TEL *****11 HEU SERVICES (PTE.) LTD. Helicopters also available for casual charter, aerial photography etc. I R1) IM T 11 H/A Orient Overseas Ca*dcu*ieA Line 17/12 11/12 23/12 24/12 aewwmat mm m ao
      333 words
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      Page 15 Advertisements Column 2
      259 15 SKALORI) i: UASC UNITED ARAB SHIPPING CO SAG, 1 '< 1,1 k EXPRESS MULTI-PURPOSE SERVICES (19/12). I (23/12). Di Mi (27/12) (1/1), Ohm (5/1). (Ml Mi (9/1). 0 Ml (21/12), (25/12), (3/1). Stfei.), LIZLMHII] FULLY CONTAINERISED SERVICE i (29/11), Aha Ohato (30/11), Ommm (1/12), Kmwl (3/12), MrM (5/12), Doha (7/12)
      259 words
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      Page 15 Advertisements Column 3
      14 15 iimum HHimNOSeheMe CONTAINER BeMi WHO Acta Hr Wk—l SHIPS b Part CONSORTIA REGIONAL Weaker
      14 words
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      Page 15 Advertisements Column 4
      465 15 The Straits Companies Timpc Activities, i Key Personnel DIRECTORY Agencies Singapore (Buku Merahi *1 MAERSK LINE XPORT FULL CONTAINER SERVICES TO: OA PACIFIC, GULF, ATLANTIC. EAST CANADA, ASIAN PORTS 25/12 21/12 VI VI VI 11/1 1«/1 11/1 a/i 2vi 3VI 2/2 V 2 V 2 IV2 15/2 T° BELGIUM, HOLLAND,
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      Page 16 Advertisements Column 1
      469 16 NOTICES M.v. «VUn Ih—T V«y: a inM H> Nwirtii, MM at PJBJL Qrim Ne. Omni Survey of Cargo ex the above veaaei will be Md oa Monday tttd November. ÜB, from 9.00 a.m. to IN p.m. No further survey win be held after this date. Aaaato: R. JUMABSoV SONS (PTK)
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      Page 16 Advertisements Column 2
      325 16 yAmashua CONTAM USA/CANADA J" u/u an Hit ui n u i i 5? SiH a/u 22/u 2vu 27/u i W1 2VU 1/12 P. tana a/U 11/12 UMn 1/1 VI l/l .!(H *2 isl «/i Li/i IV? M/i U/12 12/12 14/12 IMk 9/1 12/1 M u/i u/i M/I 11/1 11/1 Wl
      325 words
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      Page 17 Advertisements Column 1
      768 17 The Straits Steamship Group occ Overseas Containers Limited STRAITS SHAPING Singapore to Sibch, jinwifc. Brunei Ports and Bangkok BANGKOK AGENTS: BORNEO AGENQES LTD. BANGKOK TEL: ******) uONTIINERSHIP SERVICE TO UK CONTINENT LtHnra It/12 21/12 31/12 1 1 u/i 22/1 21/1 M/l M/ 2 S'ta •J/12 19/12 24/12 M/ 12 11/12
      768 words
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      Page 17 Advertisements Column 2
      507 17 Heung-A Shipping Ifi Dl CAOCn Tft AUkiAiiurE run w 18 PLEASED TO ANNOUNCE THAT AS FROM 21 ST DECEMBER 1982 WE WILL BE ACCEPTING CONTAINERISED CONVENTIONAL CARGO TO CALCUTTA AND CHITTAGON6 ONCE A MONTH AGENTS: NEPTUNE A6ENCES PTE LTD. TEL: *****11 fjg Franco Belgian Services iv 9 x r I<>
      507 words
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      Page 18 Advertisements Column 1
      621 18 Hapag-Lloyd EXPORTS 1 T«*»t Bay S pore P KcUng 19/11 21/11 28.11 29/11 4/12 11/12 18/12 20/12 26/12 28/12 B luven Rdam It Hj«ri Antwwo 17/12 18 12 20 12 24/12 25/12 27/12 30/12 31/12 3/1 3/1 4/1 C/l 10/1 11/1 13/1 19/1 201 22/1 Also accepting transhipment lV(o lor
      621 words
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      Page 18 Advertisements Column 2
      530 18 FULLY CONTAINERISED TO/FROM NORTH AMERICA WEST/EAST COASTS 'lb fctdtt HIMI 0 MMBTER ft K WOWS QIC 3X KN SEVEN 91 o onokui X o. p«tr»t« 0 GARICT x K MOWS SEVEN ?0E n W I Btach CMan NTC St Mwlaß CMoi B'l9 11 18 11 717 19 1? 1? 24/12
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      Page 18 Advertisements Column 3
      323 18 0 EVERGREEN LINE EAR EAST/EUROPE CONTAINER SERVICE ACCEPNN6 ra l ICI CARGO FOR: sfir m (O ni km urn LMT C.«.lo T H 27/11 7/12 11/12 24/12 22/12 21/12 25/12 1/12 24/12 24/12 21/12 29/12 11/12 E>«Lvc*r 14/12 14/12 24/12 1/1 1/1 14/1 12/1 11/1 aiso uariM la/rat fcl/fcl 10
      323 words
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      Page 18 Advertisements Column 4
      1021 18 Everett Lines m LOADING FOR RANGOON rpn PUH| Nmh mamvikwrm n/» n* "WW« 25/20NM 21/2H Km fA-MI 24/27 Nm mown* 2/itac '*6** 2/4 Itc 5/7 DK B F SS C Agent* m Moloywo BOUSTEAD SUPPING TEI NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 Compoiw# AfftntHM 0* Niiwirif lotrteomMtoMol iAA A nil—
      1,021 words
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      Page 18 Advertisements Column 5
      272 18 rmSINOSEI MARITIME PTE LTD SUN UNION LINE kIMU LINPMI rati HELMS PCNMS KYOWA LINE TO PAPUA NEW GUMEA/SOUTH PACHC Shppn f JMm| UaAn tar h Part 23/11 Nnn. Lm. Orator. KMta. N 18. 22*1144/7 I 22(1370 EAST ASM SVfMC SM M) TEL: 4444*4 ****** EAS T ASM 9MB »MT* 3H732/3/7251
      272 words
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      Page 19 Advertisements Column 1
      729 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH, JEDOAH AQABA (Reefer Cntrs Acceptable) VESSEL jtti rr*rt rrrt S PORE f COLOMBO HODEIOAH f JEDOAH AQABA I COLOMBO 29W/30E I 31W/ME I D.D. 15/12 20-22/12 20-31/12 2-3/1 1-7/1 2^? 33W/34E I 23-24/1 2WI/1 7-9/2 n.,2/2 14-16/2 US/} 4-5/3 10-12/3 10-21/3 23-24/3
      729 words
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      Page 19 Advertisements Column 2
      655 19 4 BEN LINE CONTAINERS uwp-fcr (ipmi EXPKSS CONTMO SQNKZ TO/FROM EUBOPC 14/12 17/11 lIfU 20/12 U/U VI »/U VI 1/1 VI VI VI >1/12 ft* Hw SkMW r«M Xjrff •mfc* 20/U OuUb, 21/12 23/12 20/12 2V12 *»db 21/11 ItMM 27/12 JO/12 31/12 3/1 m bmpi kmc smiicn row mm sotoh
      655 words
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      Page 19 Advertisements Column 3
      633 19 31 Scan Dutch 9 WEEKLY EXPRESS CONTAINER 1 l ftNMA tmnos M Nit iwun sm MBOR SM ami* t MI n/u 2VII WHUS M/ll *6«»/U I mu A fICASUS n/i vu wmhu a/11 «OW 2/12 I MMUft A nootss 4/1 12/12 S SIM |/1? «W*Vl2 pomca r ta 12/u i'/i2
      633 words
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      Page 19 Advertisements Column 4
      598 19 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS MDEPENDENT SERVICE TO UK i*:;n SPORE R'DAM HULL HMBG CLYDEBANK 4Dk 30 Doc 2 Jon 8 Jon FORTHBANK 4 Jon 30 Jon 2 Fab 6 Ftb MEADOWBANK 22 Jon 17 Fob 19 Fob 24 Fob Lukes Linos U.S. GULF MRECT SERVICE from Nob Htin
      598 words
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      Page 20 Advertisements Column 1
      1072 20 Klin KAWASAKI KISEN KAISHA, LTD NEW YORK/E.CANADA tft PACIFIC NORTHWEST mm CHILE FAR EAST WONG Not 3 Ok Ok 5 Dec Ok 12 Ok Ok 17 Ok Ok 22 0k Ok 21 Ok m EXPRESS CONTAINER SERVICE st nm feeder vessel K men «u J RKE *12 22 Jan I
      1,072 words
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      Page 20 Advertisements Column 2
      712 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE in uma. sm nuwcsco sunu. iacom «cmhni ra/ra c«u—■ oc M BK IS Ik Uka AUSTRALIA EXPRESS CONTAMER SERVICE PMM| r IS Ok U IS I* r IS Fafe n»airpwcou acc*m* ra/ra cm>i S pwr IM M M to) *c«pti It/17 Ok JO
      712 words
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      Page 20 Advertisements Column 3
      559 20 KORINS MARITIME SERVICES"- 'i ICB Biiilfjmij S'i»-' r j.ii« T<•; 22 1 6.322 P eiang Tel .*****1 8 LTD MIDDLE EAST/RED SEA/EUROPE SERVICES to-* undae Shipping Co. lid. ASIA MERCHANT MARINT SEMI-CONTAINER SERVICE ASM EEHO CALYPSO.... S pore PJ(eian| Loadh( lor Salad Dammam/Kuwaii 21 Nov Dammam/Kimjrt UNIVERSAL FREIGHT SERVICES Room
      559 words
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      Page 20 Advertisements Column 4
      487 20 INTRASEA (PTE) LTD Suilt* 261f; International' si,<r R Smya{>or» 0207 Tel 224* 1 f 9 J. tfOIASM-im BREAKBULK SERVICE TO EUROPE/UK S'p*r« t. KiUnf t MTDHRECHTBBOIC. 20Nn hM CAROLMP Ml 17— 29N« 2tNw Vessel LaaM* at Rita Kaiabafc BOUOOf/IDM/ Minor/ IK (AVON) KUOOE/rtMM/ «NTmP/W(«MM) Halpac une pore P Ketone Lu*«
      487 words
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      Page 21 Advertisements Column 1
      582 21 &LNOL NEPTUNE ORIENT LINES LTC FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): AC( Consoiiu" MERCATOR 28W In Port K JACEJM 17W+ 25/11 C PAU. 33W 1/12 TW BODGE 13N 8/12 CROZE 32W 20/12 HK CONTAINER 33W 23/12 Also accepting cargo to/from Scandinavia K iACEJW S'pore Closing Times: FCL
      582 words
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      Page 21 Advertisements Column 2
      599 21 MALDIVE LINES ETA ETA ETA SPOKE KUANTAN PORT KELAM MALDfVE STAR 25/11 LOADING FOR MALE MALDIVE NOBLE 18/11 Loading For Jeddah OCEAN GLORY No. 6 28/11 Loading For Male MALDIVE NOVEL 20/11 22/11 Loading For MUSCAT/DUBAJ/ DAMMAM/KUWAIT MALDIVE PRIZE 20/11 Loading For PT SUOAN MALDIVE MATY 21/11 Loading For HOOEIOAH
      599 words
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      Page 21 Advertisements Column 3
      1073 21 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SHSOV BULOM6 55, Mvtet Street Smfapore 0104 Telephone Numbers *****3 (15 lines) Cable Address S«SOV SMGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANG PENANG N/S SHARKAT NAN SOON SDN. BHD IST AND 2ND FLOW WSSRS NAI THONG SMPfVK 23 Nek)
      1,073 words
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      Page 21 Advertisements Column 4
      80 21 SOON KMT SHIPPING PTE LTD ISOS I 1906 19m fk ShcMo* Noust 3 Skenloo Nay Spore 0106 Trtepto* ??OSOU (S l«w> t ?70«3S l*n HS36IJ9 SKSMP «au» somas to east muvsa n* no OOTMTUM IL. 5"* he l*« L W 22/11 24/11 Mnrt/UtaM/RaU UhMh Sri Rn tin Nil 22/11 24/11
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      Page 22 Advertisements Column 1
      474 22 s s c Group SINGAPORE SHIPPING CORPORATION PTE. LTD 2DTHFIOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 Li NFS) GENERAL *****1 122 LINESi TELE* RS ***** RS 2SS6B A/3 CARSMIP CABLE CARGOSHIP ltc«|i»iial Container Lilies 2 SAILINGS A WEEK to/from BANGKOK BERTHING 1300 HRS EVERY TUESDAY SATURDAY SINGAPORE ISLANDS LINE
      474 words
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      Page 23 Advertisements Column 1
      175 23 PERSIAN GULF SERVICE TAIWAN NAVIGATION CO, LTD. X a* w.M BIT IMS ETA/ETD STWE 1/3 KC naSTuMMT rw/no num. 4/s otc ommm <***+•* nc utun states wmm co. he. ltd »m, pht fhn ut a»g« an io?1 im NG Shipping Private Ltd. TM*phoo«: *****90, *****43. MfffiULHH SERVICE TO MO FROM
      175 words
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      Page 23 Advertisements Column 2
      363 23 .a. EGYPTIAN INTERNATIONAL LINE Ell EGYPTIAN FLAG rfi I'X PORT SAB ALEXANDRIA) SM rr ac nu> 4 N Mtpp!t»( f>tf i I(; #"»kj #n*'» M- *ir'» i(itl J'* V p-w* i »s let to, i«..r i tT" m Sill Bhf* '<• «g«)H J Bf>o." <• !»i iii I»i ?tnj '<>
      363 words
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      Page 23 Advertisements Column 3
      85 23 D "4 FIMQ smm COMPANY (PTE.) LTD. BANGKOK EXPRESS SVC (FCL ft La) HO* to* BLABS UKE (Antrim SVC) sit «Z7 VI CI 14/1 HL MX 12/1 19/1 11/12 21/1 2X/1 21/1 TEL: *****77/88 Tx: ***** Eurofra 20th Floor Ocoon Building, Spore 0104 t. BALTIC ENTERPRISES PTE LTD Suite 32-1
      85 words
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      Page 24 Advertisements Column 1
      17 24 FOR CONFIRMATION OR FURTHER ENQUIRIES: Keppel Wharves *****76 P«»ir Panjang/Telok Ayer Wharves *****77 Jurong *****66 Sembawang *****11
      17 words
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      Page 24 Advertisements Column 2
      244 24 Freight Management Pte 1******11 (12 bw) REGULAR CONVENTIONAL I CONTMNER SERVICES Fa AND La TO ALL PORTS K AUSTRALIA, NEW ZEALAND, UK/EUROPE, USA, CANADA, HONGKONG, TAIWAN OTHER PORTS/DESTMATIONS ON REQUEST KILUNE LOADING FOR ALGIERS, ALGERIA VESSEL K4THRME SF ETA/ETD ALGtRS 27/21 NOV 22 OEC agents SE/UJON SHPfMG (S) PTE LTD
      244 words
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      Page 24 Advertisements Column 3
      502 24 —I •MOT HAJ SHIPPING SDN. BHD <S UN UM.uAM »«t (IN '.{KIM. tr If I MO%b «> iWs MA I in •WTATI t. 14/12 •HAYATI If: 15/12 •HAYATI t. 16/12 •am V: 12/12 fCLEGO DUVO V: 1/12 •KLEfiODUVO V: 2/12 MGS TO EAST MALAYSM KMNG P. CLANG Loading tor ETA
      502 words
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      Page 24 Advertisements Column 4
      392 24 MAGNA MARINE LINES NCCT CONTMO ft KMRUI TO ft FVOM KWTM AFMCA (MT 197 V) KSSANC PASS H-19 (BLT 1975) ONES SALAMI 21/12 15/12 REUMON/TAMUAVE/ DURMA/Cm/ PE/ELD u/i/n ls/i/n EASTBOUNO SERVICE CTOW HUM STOK LOMWETOR MSS KJY H-141 SM SM SM WUBH-ISE SM SM 31/11 HK/WMLA/KEEUfK MAGNA SHIPPING PTE LTD
      392 words
  • Page 24 Miscellaneous
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      Page 24 Miscellaneous Column 1
      157 24 n m m *4 N rt. K i A x 33 9§ I 'f 5* <*!: rfT. 'JiLI ySi Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JOA.M.THIB MORNING. LEGEND: R, Thunderstorm Temperature °C y Shower Weather Wind direction with speed in knots Rain
      157 words