The Business Times, 24 November 1982

Microfilm: NL13612
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 93/1/82 WEDNESDAY, NOVEMBER 24,1M8 60 CENTS
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  • Article
    Slower growth rate for discount houses
    342 1 THE FOUR discount houses in Singapore are now experiencing a slower pace of growth as a result of narrower spreads and a general slowdown in the CCODODQ|y In sharp contrast to last year, when their total assets shot up by 69 per cent, the
    342 words
  • Article
    Companies urged to examine their disclosure standards
    810 1  -  By MANO SABNANI Companies Editor IF SINGAPORE is to succeed as a financial supermarket far the region, it is neccessary for public listed companies to improve the quality and comprehensibility of their annual reports beyond the minimum legal requirements. The disclosure requirements for
    810 words
  • Article
    S'pore Tobacco awards $21m deal to Ng Ming
    475 1  -  By ANGELINE TAN SINGAPORE Tobacco has awarded a $21 million main contract to Ng King Contractors for the construction of a new cigarette factory in Senoko Industrial Estate. The prnent cigarette manufacturing and packaging operations of the company, a BAT (Singapore) subsidiary,
    475 words
  • Article
    Lock icon America and allies agree to increase IMF contributions
    277 1 Reuter THE US and other industrialised countries have agreed to Increase International Monetary Fund quotas by 40 to 50 per cent and to estshßsh an emergency fund, monetary sourcssfaid. Hie Reagan Administration and other western governments would-raise IMF contributions by members in
    Reuter  -  277 words
  • BRIEFLY...
    • Article
      Lock icon Presidium member
      56 1 UPI THE Soviet legislature yesterday named party leader Yuri Andropov a member of its Presidium, setting the stage for his possible appointment as Chief of State. Mr AndropoV, 68, sat quietly with his hands clasped as the unanimous vote of the 1,500-member Supreme Soviet, or parliament, was announced
      UPI  -  56 words
    • Article
      Ceausescu's visit
      92 1 PRESIDENT Nicolae Ceausescu of Rumania will make a two-day visit to the Republic, starting from today. His visit, at the invitation of President Devan Nair, will be the first by the President and his wife, Madame Elena Ceausescu. This afternoon, President Ceausescu will call on President Nair and
      92 words
    • Article
      Lock icon Pertamina denial
      62 1 Reuter THE Indonesian state oil company Pertamina yesterday said its Indonesianisation programme, which involves replacing foreigners with Indonesians, is not being conducted too hastily. The company issued a statement in Jakarta after press reports quoted a letter to foreign oil service companies ordering certain oil rig iobs to
      Reuter  -  62 words
    • Article
      Airline's request
      39 1 THAI International, Thailand's national airline, yesterday formally requested government approval to buy two American Boeing 767 airliners instead of European airbuses. Communications Ministry officials said the ministry would study the proposal before submitting it to the Cabinet.
      39 words
    • Article
      Lock icon Production forecast
      73 1 Reuter THE Soviet Union's planning chief yesterday forecast that industrial production this year would rise by 2.8 per cent, the lowest annual growth rate since World War Two. State Planning Commitee chairman Nikolai Baibakov said that next year's target would be higher. Announcing economic plan goals for 1983,
      Reuter  -  73 words
    • Article
      Lock icon 11.5m jobless in EEC
      72 1 Reuter THE number of jobless in the European community rose to a post-war high of 11.5 million last month, but the rate of inflation fell to its lowest for more than three years. The EEC Statistics Office said economic recession pushed the unemployment total to 10.3
      Reuter  -  72 words
    • Article
      Lock icon Grundig merger
      89 1 AFP GRUNDIG expects the West German Monopolies Office to give the thumbs-down to a takeover by Thomson-Brandt of France, but is counting on the economy ministry to authorise the merger later. A Grundig spokesman said yesterday: "We have to allow for oppo- sition from the Monopolies Office, but
      AFP  -  89 words
  • Article
    French language move upsets businesses
    86 1 LOCAL bartMSSSMa are MiiiwhT ■aakTag'Tlie f'l'l'me ui hMry (SFCCI) yes■dW tils ■!»»**'s!h£ sariy «assd ss a ■—tarUT Mr Urn Kee Mag* areaniijMii < j deaht sJnSSjjSTd InfonIsdsstrlal Ceeperatlea tszzznzrz mi k, mm Franee* Mtatatar tarßxtertt alss saM fts area netes the Ft—«h |»wr> der tws-way
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  • Article
    Brock warns of fearful alternative
    542 1  -  fry ROY MACKIE MINISTERS attending this week's Gatt meeting in Geneva have been left in no doubt about the consequences of their failing to make progress in reducing impediments to free trade. The fearful alternative is a move by the US to take reciprocal action
    542 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      267 1 E*ON SYSTEMS to© Typewnror We challenge you to outgrow the intelligence ot the Qyx" (SEE HOV CHAN GROUP OA SEE MOV CHAN GROUP Siogaport ttl *****62/4 K L 03-*****0 P*nang t* 04 *****9 LLOYD'S of London said it hopes to have new rules on disclosing reinsurance arrangements ready for implementation
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      Page 1 Advertisements Column 2
      84 1 Where others are left far behind. Titleist can justly lay claim to !>■ the No 1 golf hali on professional circuits Look at these statistics 1981 NCAA Golf Championsh.p Official Ball Count Titleist (164) Nearest riva* ******1 Men s Tour Official Ball Count Titleist (4107). Nearest rival «9051 Available at
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      Page 1 Advertisements Column 3
      10 1 N« meed for mmcm Am... page 4 Editorial... page I
      10 words
    • Advertisement
      Page 1 Advertisements Column 4
      82 1 BALLY of Switzerland Internationally recognised as trend-setters. Now that youVe heard about us, remember why. rrirj |fc- BTW? We're the car rental company which offers the kind of service people talk about. Meticulous maintenance of our cars. Scrupulous service. Accessories that anticipate your needs. And this year we've even added
      82 words
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  • BANKING AND FINANCE
    • Article
      Daiwa to issue fifth FRCD
      171 2 THE Daiwa Bank will be issuing its fifth floating rate certificate of deposit in the Asian dollar market. The offering, managed by Singapore Nomura Merchant Banking, will be for US$l5 million with the maturity on Dec 3,1965. It will be issued at par with an
      171 words
    • Article
      Lloyd's hopes for new disclosure rules soon
      582 2 LLOYD'S of London, the world's largest insurance market, said its audit working party hopes to have new rules on the disclosure by underwriting agents of their reinsurance arrangements ready for implementation by the Dec 31, 1982, audit of underwriters. The announcement came at
      582 words
    • Article
      Lock icon Solution likely for Saarstahl
      129 2 Reuter A SPOKESMAN for the West German economics ministry said he is optimistic Arbed Saarstahl GMBH's banks and the federal government will find a solution to the former's problems. The government has made more credit guarantees for Arbed Saarstahl conditional on agreement by the end of
      Reuter  -  129 words
    • Article
      Lock icon Most major banks in America cut prime to 11 1/2cpc
      314 2 UPI MOST of America's large banks, t»Hng their cue from credit easing moves by the Federal Reserve, have cut their prime rate for business loans t<f 11 Vi per cent from 12 per cent. Chase Manhattan Bank, the third largest,
      UPI  -  314 words
    • Article
      Lock icon Argentine plan may delay loan
      233 2 Reuter AN ARGENTINE plan to offer government securities to foreign creditors in place of existing private sector loans could delay agreement on a US$l.l billion bridging credit for the country. The plan, announced by Argentina last week, will be a subject of discussion in talks
      Reuter  -  233 words
    • Article
      Lock icon Deferral for Bolivian debt
      279 2 Reuter BOLIVIA hat obtained a two-month deferral (or payment of US$5O millk» arrears in repayments on a restructured part of its foreign debt to commercial banks. Finance Minister Ernesto Arani bar said the coordinating committee of a 127-bank consortium' consented in a meeting he attended in
      Reuter  -  279 words
    • Article
      Lock icon Revenue of city banks up
      246 2 Reuter THIRTEEN Japanese city banks posted a 42.3 per cent gain in combined revenue from international operations before overheads in the first half of fiscal 1982 ending next March 31, to 243.66 billion from 171.20 billion in the same 1981 period. The Bank of Tokyo
      Reuter  -  246 words
    • Article
      Eximbank loss likely
      78 2 THE US Export-Import Bank is expected to have its first operating loss in the 1982 financial year. Eximbank's loss is projected at US$lO9 million and resulted mainly because it cost the bank more to borrow money that it received in interest on loans. The bank does not
      78 words
    • Article
      Lock icon BAHRAIN PLANS TIGHTER BANK LICENSING POLICY
      155 2 Reuter BAHRAIN plans to tighten its bank licensing policy, particularly for new banks, and increase control over subsidiaries and similar institutions registered as off- x shore hanking units (OBUs) in the Gulf state, Finance Minister Ibrahim AbdulKarim said. The current climate is not favourable
      Reuter  -  155 words
    • MONEY AND EXCHANGE$
      • Article
        PLR
        22 2 THE average rate ai which major Singapore banks are currently prepared to lend to their best customers is 9.42 per cent.
        22 words
      • Article
        ASIAN $ RATES
        173 2 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Nor 23: US MUnKSpt) 7 days 9 5/18 91/16 1 month 9 5/18 9 3/18 2 months 911/16 9 9/16 3 months 13/16 11/16 6 months 10 9% 9 months 10* 10 12 months 10H 10% Dm. SwJPn. IIIUJL.
        173 words
      • Article
        Discount
        42 2 RANGE of prices otter •d by dlscount house i an Nov B: Overnight Stt Call depos Ms: 3U 3-month Treasury bUU 31/16 215/18 3-month Bank bills 6« 3 months CD 6H 8S 6 months CD 6* 6* Source: National Discount Co
        42 words
      • Article
        London
        207 2 THE DOLLAR and sterling edged higher in quiet early trading in London yesterday, mainly on short coverins. dealers said. Sterling, which fell to $1.5892/5902 at the opening from Monday's 1.5937/47 close, largely on mideast selling in Hongkong, recovered in early trading and after about a half hour of dealing
        207 words
      • Article
        Singapore market
        440 2 THE US dollar recouped some of its earlier losses yesterday as rixxt positions were covered and bearish (actors discounted. Against the local currency, the US dollar finned consistently from its opening of 2.2075/85 to a high of 2.2110/30 in late trading. It closed at 2.2105/15. One month IXB/UHS
        440 words
      • Article
        Gold
        242 2 GOLD FUTURES in Singapore yesterday fluctuated marginally throughout the session before elating narrowly mixed compared with overnight New York levels. Trading was moderate with total sales for the day recorded at 324 lots while kerb volume at 222 lots. Prompt closed slightly weaker at U*****.50'406.50 an ouce compared with
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      • Article
        Silver quotes
        38 2 Mm Pri New York 9.25B 9T2B 9.33S 9.796 Zurich 9.5SB 9 858 9 66S Tmm 9 96S Mm Singapore 9.JOB 9.7QB 9.305 9 80S dosing prices in US doUin a troy ounc Source: Credit Suisse, S'pore
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      • Article
        Hongkong
        119 2 THE US dollar in Hongkong yesterday ruled narrowly mixed against other major currencies in slightly more active late trading prior to the European opening, dealers said. Sterling eased to $1.5890/ 5900 from an early 1.5920/30 and New York's 1.5935/« close with sporadic middle east selling noted in the early
        119 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      586 2 PA provides omprehensive management consulting servi( cs int ludmg: r•- v i GENERAL MANAGER (DESIGNATE) MARINE FABRICATION Salary negotiable from $120,000 per annum bask plus benefits Location: Singapore (Ref. 3078) This is a top-level appointment with one of Singapore's biggest and longest established fabricators. The company has a proven capability
      586 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      411 3 :> ::T =r 5 •SB THE PAVILION IN SINGAPO HOTEL CREATED BYDEMAN 4 ERS. a 9 -;S s V as m iiaibd^ A Y i M J >_? Mm£l ■r V r~ =m •'V i k-Ji' -6" f v Vsk V w w r*, wri <% »r ;v* Si <
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  • OVERSEAS
    • Article, Illustration
      Lock icon Reagan seeks to lower risk of war
      715 4 Reuter US PRESIDENT Reagan has' accused the Soviet Union of engaging in a relentless military buildup. He said he had written to the new Kremlin leaders offering to work with them to reduce the risk of war. In a. televised speech on Monday
      Reuter  -  715 words
    • Article
      Lock icon US criticises European import policies
      288 4 Reuter THE United States criticised European import policies as it mounted a strong campaign for liberalised world trade ahead of a meeting in Geneva of the General Agreement on Tariffs and Trade (Gatt) today. Deputy Treasury Secretary Tim McNamar, accused the European Community of limiting
      Reuter  -  288 words
    • Article, Illustration
      Lock icon Andropov says he will not make concessions to West
      561 4 Reuter SOVIET Communist Party leader Yuri Andropov has said Moscow wants arms control and detente with the West but is not prepared to revise its policies to suit President Reagan. Mr Andropov struck a moderate note at a communist party central
      Reuter  -  561 words
    • Article
      Lock icon Recovery in US may be weaker than forecast
      297 4 Reuter THE US economic recovery in 1983 will be even weaker than that forecast Just a few months ago. About 200 of America's National Association of Business Economists predicted growth of only 3.3 per cent next year, down from a 3.5 per
      Reuter  -  297 words
    • Article
      Lock icon Nakasone favoured to be new prime minister
      290 4 UPI BALLOTING by Japan's ruling Liberal-Democratic Party neared an end yesterday with State Minister Yasuhiro Nakasone favoured to become the new prime minister, but supporters of his main rival, con tended the race would be close. An aide close to Toshio Komoto, director
      UPI  -  290 words
    • WORLD IN BRIEF
      • Article
        Lock icon BUILDING CONTRACTS
        350 4 Agencies FOREIGN construction contracts won by South Korean companies were worth US$lO.B billion in the first 10 months this year, up from $10.5 billion in the same 1981 period. Industry sources said they expect contracts (or the whole year to match last year's total of 113.7 billion. THE
        Agencies  -  350 words
    • Article
      Lock icon EEC to be more flexible
      183 4 Reuter THE European Economic Community has resolved to break a deadlock with itsa major Third World clothing, suppliers over new textile accords by agreeing to take a more flexible stance in,< negotiations. Diplomats in Brussels., yesterday said the greater leeway should be sufficient i for
      Reuter  -  183 words
    • Article
      Lock icon Walesa hopes to revive union
      413 4 NYT LECH Walesa has held meetings with his associates in Solidarity and told them that he hopes to revive the banned union, according to a Pole who has attended the meetings. Walesa has been trying to formulate a new strategy, one that will involve some
      NYT  -  413 words
    • Article
      Lock icon Smaller role for state-run shops
      323 4 AP CHINA plans to reduce the role of its state-run stores, whose surly clerks with guaranteed jobs are the objects of frequent complaints. The China Daily in Beijing yesterday said collective and individually run businesses will take over a larger share of the nation's wholesale
      AP  -  323 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      116 4 $@[);?<"!/]:^*_{&`=,%)<[~'-`;^] THE EARLIEST ARRIVAL INTO BOMBAY m Of--4T A?/" Z? n i i I I n 8.30pm four timesaweek via Bangkok on Cathay Pacific SupeflHStar Now, every Wednesday, Thursday, Saturday and Sunday, Cathay Pacific SuperTriStar services to Bombay. Depart Singapore at 4.00 pm, arrive in Bangkok at 5.05 pm for
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      Page 4 Advertisements Column 2
      1 4 Editorial...page <
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  • TRADE AND INDUSTRY
    • Article
      Health-care sector shows 30pc growth
      428 5 THE health-care Industry in Singapore, which had an output exceeding $340 million last year, enjoyed an average real growth of almost 30 per cent in the past decade. This compares with the growth rate of 13 per cent for the manufacturing sector during the same
      428 words
    • Article
      Oilfield equipment exhibition on board Danish ship
      341 5 AN EXHIBITION of oilfield equipment and services, to be held on board a Danish ship, will make its way around the Asean region next January. Expo-Offshore Asi* '83 wifl be mounted on the MV World Wide Expo in eight major Asean ports from
      341 words
    • Article
      MEMO PAD
      498 5 SEMINARS AND COURBES Nov 24-25: Exporting Techniques, Shangri-La Hotel, ExecComm Organising and Management Centre Nov 25-26: Rewarding Staff Performance, Cuppage Centre, NPB Nov 25-26: Consequential Loss Insurance, Singapore Insurance Training Centre Wing On Life Building, Singapore Insurance Training Centre Nov 26-29: Personnel Management for Supervisors, York Hotel, Humana
      498 words
    • Article
      HDB awards two industrial contracts worth more than $25m
      373 5 THE Hsaslag and Devetop ■neat Beard has awarded twa ladastriaJ esa tracts ta Oh Ceastraettea (Pis) Ltd aad Be U Li (S) Pte Ltd. The larger eeatraet, valaed at $114 aHUtoa, west te Oh riailisUlia (Pte) Ltd fer the nashsiHia ai
      373 words
    • Article
      More can enrol in technician courses
      457 5  -  RESULT OF VITB REVIEW By JOHN LIM THE Vocational and Industrial Training Board (VITB) will take in up to 50 per cent more students for its Industrial Technician Certificate (ITC) courses. This could raise the course capacity from a current 1,500 to 2,250 trainees.
      457 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      335 5 MB RATNEK B Lewis has been appointed general manager by Cosdel (Singapore), the distributor (or Hallmark, RCA, Dakin, Sanrto and other name brands in Singapore and Peninsular Malaysia. Mr Lewis Joined Coadel after resigning from his post in Hongkong- He was formerly Far East regional sales manager
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      390 5 HOW TO GET MORE THAN JUST A GAR WHEN You may think all car rental companies are the same. Not true. Hertz has something no other .any has. No. 1 Club. :W< 1 ■V £7* f t i >r. t mm W ,Z.!. t k •v:- i \kO\ The Hertz
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  • Article
    The case for owning up
    450 6 JOSEPH Heller's novel Good As Gold featured as its central character a Jewish-American academic who made himself a national reputation by proposing that the US President answer every question asked of him with the words: I don't know. This, argued the professor, would be endearingly
    450 words
  • Article, Illustration
    Lock icon Diamonds — not always forever
    1145 6  - Diamonds not always forever Rosemary Burr investigates the gemstone business Rosemary Burr FT MANY people who bought diamonds over the past few years (or investment purposes got their fingers badly burnt. Not only did the price of diamonds collapse last year but some investors found it virtually impossible to sell
    FT  -  1,145 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      98 6 You can bet... Every race is a winner THE STABLES The Stables Tote ,T RACEI LUNCH Executive Businessmen's Lunch RACE 2 DINNER Our specialty: US Prime Rib of Beef Successful businessmen and people with good taste lunch, dine and entertain at The Stables, of course. Where every meal is a
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      807 6 3 Wrong not to be a hit (5) 8 Early variety of hen? (5) 10 Received with thanks by a boy (5) 11 Polo ground record? (3) 12 To rob like an Inhuman being! (5) 13 One of the more upright workers? (7) 15 Hard to twist, etc? (5) 18
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      895 6 i&i SINGAPORE 5 3.00 PM Opening fdbwtd by Jaws (Chmese/r) 4.30 Exorcise with Gtoria: A keep fit programme 4.50 Thacker's World: Bill introduces us to some of his better friends, who don't talk back at him chimpanzees, gorillas, orang-utans and gibbons. Apart from talking about them, he also discusses their
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  • Article
    Lock icon Productivity rooted in educational system
    657 7  -  By LEONARD SILK NYT WHY has pradacllvliy heea grewing sa mack mare liewty la the United States than la Japaa? A new stady eeadarted by the New Yerk Stack Exekaage aader the dbeetlea ef its ekictf eceaemiet, William Freud, Dads that the faadaaaaalal answer is
    NYT  -  657 words
  • Article, Illustration
    Lock icon World banking system needs new concordat
    1587 7  -  It it more than •even years since the Basle concordat was framed. The concordat is now seen by maAy bankers as an unneceeaarily woolly document with no real teeth, reports WILLIAM HALL. The document has not prevented some banks escaping the supervisory net and
    FT  -  1,587 words
  • Article
    Lock icon The framework for international cooperation
    284 7 FT ORGANISATIONS dfalgaul ta deveiap letter ce-eperattea ketweea tke warld's kaak sapervieers are: a Graape de Ceatact. Aa Infer am I dak ef EEC hanking sapervissrs, farmed la IV» te achieve eleaer naderstnadtag aad praetteai eeaperatlaa ketweea tke haaklag aapervlapry aatkertttee af tke amber slates.
    FT  -  284 words
  • Article
    Lock icon The problem dollar
    1181 7  -  By KENNETH GILPIN NYT THE arcane world of foreign exchange would seem an unlikely conversation topic on the Massey-Ferguson tractor assembly line in Detroit. But to Gene Bielous, chairman of Local 174 of the United Automobile Workers at the Massey plant, currency, and particularly the strength of
    NYT  -  1,181 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      189 7 FAULTY BRAKES MEAN DISASTER! Laycock Roller Brake Tester can prevent it One of the common contributive factors that leads to an accident is BRAKE MALFUNCTION. So, check your brake system before anything happens! Laycock KBTI3OO Series Roller Brake Tester has been developed to provide car owners with the means of
      189 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      258 8 Where to wine, dine and entertain with the American Express* Card If you donl already have the Card, call *****33 for an application form" siwpporeOokM Buffet Diwr Buffet from 6.30 pm 10.30 put Dry Oyster Peanut Porridge Fried Vegetarian Bee Hoon Chicken Rice Sticky Rice Chicken Satay Indian Dhal Curry
      258 words
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      Page 8 Advertisements Column 2
      175 8 bor banquets h< >r f< fnrentu >ns bor other functions of timeless flth'sst' Functions for up to 2SO guests hit( 'matronal menus to choose from Complete range of audio r:su il equipment Ample parking spat vk—i «'ii<ni"\ I 'ni'k ShiTiilon Nass'm Hii. Singapore 'T-> 7 Ope'a'fjd t)v AMA HOThLS INTERNATIONAL
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      Page 8 Advertisements Column 3
      148 8 4 Ucscarool. Restaurant extraordinaire (Our menu is a gourmd's dHighl) 066R0i IMPERIAL SINGAPORE 1 JALAN RUMBA SINGAPORE CH23 TELEPHONE NO 7J***** Owning Company Hod Hotels inter national Ltd Experience superb Seafood and unique Chi in continental ambience. i r:. -r~ S?a~%od~3~fmtre Please call *****83 for reservations. Valued in all ways.
      148 words
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      Page 8 Advertisements Column 4
      100 8 Barbecue. Steamboat Salay.Curries. Roti Praia. Steaks. And more. Open air delights, in surroundings to delight. Tradewindsat the Hilton. Nowhere else. A great place to be. Presenting r RISTORANTE ym mm% luoivAAiiiL M Savour the best of La CudnaltaNana at Ristofante Mario Authentic Italian specialities from the different regions of Italy
      100 words
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      Page 8 Advertisements Column 5
      160 8 It as good as going to Bangkok. if v*" This is Thai Seafood at its authentic bast. So fmsh, it cottW have been alive 15 minutee before coming to your table It was. An enormous variety of succulent seafoods expertly prepared by Thai chats in our kitchen Siamese Seafood Restaurant
      160 words
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  • INTERNATIONAL STOCKS
    • Article
      Prices sharply lower
      830 9 NEW YORK STOCK PRICES, which moved higher for several weeks in anticipation of a discount rate cut, were sharply lower on Monday even though the Fed finally trimmed the rate it charges on loans to member banks. The D-J industrial average ended the day down more than
      830 words
    • Article
      TORONTO
      149 9 NOV* V J 3» Afcmn a* -1* ii MM SI* MTU r BP Can Ltd a<* 41* -1 Brmacan Can Prai Mc OUkBSC Carllna Cm—le CmMHU Cn Bthrta A 10* a* is* OcMltoitMor Motooo A M« Moor* Cp *1* Noranda M« -H Noranda Ma l«* Northfaw bp 4« PlDCM
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    • Article
      JO'BURG
      214 9 nov a land ♦A INDUSTRIALS A Alnftu MO uneh 300 10 TO 10 300 an MO lMfeu) unci) uneh H&TIOWS C O Smith -40 CM A Currto Plnanea Da Tlun Ind Mted at ♦5 uneh Idcon I ■damn Pad Voik 2100B MO ♦aa I" 290 Onltmn «0 30 HIt«
      214 words
    • Article
      Frankfurt
      65 9 nov a Dm 4/-Aac-Talafunka n sbjo 11MB ♦U ♦li S3S CooiMnbifik CooUOumml wa BUM 1X1 JO «1M 1-1 ♦III DUnlar-Bau SBJt ♦u Ommc Drudntf Bull E mm ♦OJ OHM Hoaehat MM ■<*« •OS ♦14 Ho—th m.m -u Hortan Karatodt IBM 1MM ♦u KHD IJMto mm J10* ■u -u LS
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    • Article
      Paris
      180 9 nov a rn GROUP B CORBBILLE Carrafour 1300 rtnancUr* <Sc •a Alr-LlQuld# 4B ♦V* ♦M L "Union 44 unch BSN&tmU TkiwwA C S T (Thomaoo- 1«0 WJO LAlarat MJO Moel Hennaa* Ml Opfl-Partlna 111 Pananoya 46.10 4 LS 41 unch -L0 44J CW maoln Credit Fmclaf Da Franca M
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    • Article
      Zurich
      111 9 NOV a rrmncs Sendoe Rat IMP unch AeUoni BuImi MH 8u1*t Pe. r* 1 Aluwlan Br 4M f ST 7« AtiwiiMi mm. i«s jr"* Jr- Brown Boriri Br (M l*n« Our* Ctta Otlcy Br. IW unen CTba Otter PC MM a SH? tu-lnmu CndttASJal lSt nTiSi'h*^'"'" m 2SK»?Lz:a Tsr
      111 words
    • Article
      Brussels
      84 9 nov a rn FORWARD MARKET AMC SM -4 Or Bru Uak IM Hobok MO Pvtto 4700 Rvl Dutch 1046 StdTO 1300 Soc On Balf UB uncb -M uncb -a •4$ -M Ajtur 300 844 -M uncb -4 So fin* sno Sohrajr A MO V Moot 3700 CASH MARKET Amur
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    • Article
      Milan
      97 9 NOVS Butofl Lire 1*1 -4 Mediobanca 14 llano AM CM U3M 1000 iiuo s 300 •iM Bel Central* Ord Cond Aequa Romi Eridania 3Z130 »10 ft— UK 75 W» 40 -I* -130 Mondadort Prl* ki on tad Hon Olivetti Ord Ptnlll And C Pirelli Spa 1 ♦4 Ocrorall 11
      97 words
    • Article
      Amsterdam
      183 9 nov a Pto KM> KLM 3040 111 JO 0.1 0J ABN Ahold 201 00 lOOJO I ®J Itauti S4J0 -0.1 Akao amev 30 JO (0-30 ♦03 ♦02 Nurtn National Nad zuo 117 JO -43 03 Amlu Amrobnk BSTT Boa not 46-SO ZZZ i4j« «3J0 114JQ 32.50 30JD 30.00 Meoo
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  • RAW MATERIALS
    • Article
      Produce exchange
      175 9 CHINESE PriisM Ernhsngn, par 1« kg j —tseiay. Ci ii i—t tM: Bulk fob $8.00 seller*, old dram (In second band dram) fob (106.00 tellers, new dram fob $110.00 tellers. Ctfn: Mixed (looae) $53 buyers. Pipptr: Muntok white pepper fob Astt NLW $332.50 sellers, Sarawak white pepper faq
      175 words
    • Article
      TEXTILES
      191 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cotton yan: China Blue Phoenix 20s 2J45; 32s 3,040. 40s 3,230 (per bale of 40» lbs). Pises gseds: Chin* Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower sad Butterfly
      191 words
    • Article
      RICE
      329 9 SINGAPORE: Yesterday's closing prices in S) per kilo, ex-godown: THAI WHITE: 100 per cent Orst class (Kangaroo) sew crop LOO, 100 per cent second class 0.78, 100 per cent third class 0.73, 8 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.80. Special 0.57.
      329 words
    • Article
      SOYBEAN
      180 9 SOYBEAN futures in Chicago on Monday declined off earlier gains to close mixed. Nearby January lost V« cent a bushel and other positions rose as much as four cents. Prices declined after the market failed to break through up-side resistance levels. Negligible soybean trade in Europe, despite a weaker
      180 words
    • Article
      RUBBER
      287 9 RUBBER prices in Singa» pore yesterday closed slightly lower with December One RSS buyers quoted at 179.00 cents per Uk>, down two cents from Monday's close. Morning prices were marked down slightly on Lack of follow-through buying support after an easier opening. Afternoon prices lost further ground on some
      287 words
    • Article
      RAS PRICES
      331 9 RA8 prices in cento per kilo yesterday (psr kUo) tWi (P«rk( Lko) "»n«| g tat 1 R-S.S prompt fob lfLM 1B.01N Buyers 100.50 1X1.SON tat. 11LSJ. ncnhr ito* IB) 00 170.* 170 JO tat. 1ILS-S Jaaaary 1*2.00 ***** i&j5 1*75 taL 2 R-S-S. M0.75 17L73N M0.25 171J5N UK/Goat
      331 words
    • Article
      SSR and SMR
      100 9 NOON 08R mi Sk at priM T—i •AS iktr t Mik) Smmmm (Forward ft 'ilk. ilhn SSR K (1 pafct) 158-00 lao.ooN 1M.00 181 OON SSR SO (1 -tapM 1M.00 im.oon 187.00 1MOON MIBJ !>•••■ >b*r Juw ry 8MR cv (1 -taapdbt) 191.50 imjon 1IU0 194 .SON
      100 words
    • Article
      WHEAT
      150 9 WHEAT futures in Chicago on Monday gained 6V« to 4 V« cents a bushel to close near the top of a six-cent range. Commission house and professional buying paced Monday's advance, traders said. Short-covering ahead of the Thanksgiving holiday also supported prices. The leading exporter sold 1.0 million bushels
      150 words
    • Article
      LONDON MARKETS
      934 9 COFFEE: Robust* coffee traded actively yesterday morning holding good gains of mainly £28 to around £10 a tonne at the end of the session. Commission house buying met by local trade selling was the main feature. Volume totalled 3,876 lots including 1,233 self-trades and 133 options. The rise
      934 words
    • Article
      STRAITS TIN
      61 9 THE STRAITS TIN prlee In Penan g yesterday held steady at the ITA fleer level ef M$2S.l5 a kile fer the 12th trading day. Dealers said the buffer stock manager teek op mest ef the dlspessla yesterday. Tnrnever rese te IN tonnes, which lnelnded seme IS per eent
      61 words
    • Article
      CLOSING PRICES
      32 9 Rubber Nov 23 Singapore: Doc: 179.00 coats (down 2.00 costs) Malaysia: Pfjf; 191.50 coats (dowa 2.75 coats) Tin: M 929.15 per kilo (onchanged) Offlcal offering: 190 tonnes (ap 90 tonnes)
      32 words
    • Article
      PALM OIL
      138 9 The Malaysian erode palm oil market yesterday dosed higher on covering support in moderate trading. In the Nov position, the north sector rose Msls to HITS per tonne, sooth MSJO to 1f<731 and central lIP to MJ73O, while in Dec central wasAinchanged at MJ74O bat south Ml M&3O
      138 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      141 9 wt ft □I 3 I n LJ] To! e; is LH 5" I 5" 5" I *£*xm You have tasted BJ Singapore Teochew Food gj Have you tasted g| Hong Kong B1 Teochew Food Bl Rose Garden Hong Kong Teochew jfll Restaurant brings you original iSI Recipes of Hong Kong
      141 words
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      Page 9 Advertisements Column 2
      7 9 Please see Page 11 for Asian stockf.
      7 words
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      Page 9 Advertisements Column 3
      238 9 I* PUBLIC RELATIONS OFFICER The Executives' Club, whose members comprise chief and senior executives, is located on the 33rd Floor of the OCBC Centre and has a panoramic view of the city. It offers excellent luncheon and dining facilities and organises regular talks by prominent personalities. Function rooms are also
      238 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    704 10 mu ua oner pncca ocncuuxy portad** tha of flbwtpar» iky, vttfe *m MM Ik lots of 1,000 uMts, uaita ottawl* section one INDUSTRIAL COMMERCIAL &-«%«>> AMOw (L«BlflB)(l)lJI (I) 140 CD at tuiTi ill i (1MB) C C (SMS) (0) UP &N (0)
    704 words
  • Article
    SHARE INFORMATION SERVICE
    2425 10 11 MS U* C—paagr Lut Sola +arOr'a Dhr Dtr CVr Ofa ra No4 P/B Vol COOO) HI^M r SBCTIOMOMB IMDUBTBIAL A COMMBBCIAL V r m Ml Ml IM SM a ui 196 aa ia ASMdCboe BAT BorJignKaarat BimmIiiiIiii SU 1U MM SM MH 4M ia su -i
    2,425 words
  • Article
    In Kuala Lumpur
    1507 10 BID aM ate prtoM officially Mad ■iMnlialnftrWtote Eaahlmi| Ok* txdtmge ymtvtfey. wttk tM «Mar or Mna *MM *ni hi bratM» *M tt a«i U<Ue- 04 iSmamtirn) (u> l« (m> LSI (M) LM A CMa (UTS) AMD (1KB) (J) 1« a) 1» (1) in (i) m ■M(ISB) MB
    1,507 words
  • Article
    COMPANY MEETINGS
    168 10 HUME faiwtrlM (Mateyrik) ImM: EGM to be held at Jalan 219, Off Federal Highway, Petaling Jaya, Selangor on Nov 25 at 2 pm. KEMAYAN 00 Pata Berhad: Seventeenth AGM to be held at 5E Fob Chong Building, €6 Jalan Ibrahim, Jobore Bahni on Nov 26 at noon to
    168 words
  • Article
    Selling wave hits market
    354 10 jT/ILL^VSl slniitiM at MM e*er the wTU the "miikiii BB «81l IM 2225 Wttfc Be Dm Jmms MbH*i hTSi Crtf l£ M3ih.hH.ißj ««etal Ijm kalle bbb iJESr*** 7 •tter2w !?t»i»i!i i jS[ l > i Ai B nbM, IB* MnUi Tlsiss IbIBIBIBI Mu, si-'sjjsrjjj fc'HH Mhr
    354 words
  • Article
    Kuala Lumpur broadly lower
    534 10 POOR overseas market* dampened sentiment at the Kuala Lumpur stock market yesterday, sending riiares broadly lower la lacklustre trading. Reflecting the easier mood, total turnover was markedly lower at 4JO million units valued at mil 12 million against Monday's 5.14 million units worth *14.362 million. The
    534 words
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  • COMPANY NEWS
    • Article
      Lock icon Restructuring of Mobil's top management
      495 11 NYT THE Mobil Corp, in a major restructuring of senior management, said Rawleigh Warner Jr and William P Tavoulareas would relinquish their positions on Jan 1 as chairman and president, respectively, of the Mobil Oil Corp, Mobil's principal subsidiary. Mobil said Warner and Tavoulareas would
      NYT  -  495 words
    • Article
      Lock icon Response to Britoil issue poor
      142 11 Reuter THE BRITISH government's offer of around 255 million shares or 51 per cent of Britoil PLC attracted applications for about 69.8 million shares at the minimum tender price of 215 pence a share, Britoil said. Britoil said the applications included 170,100 shares bought by
      Reuter  -  142 words
    • Article
      In Hongkong...
      62 11 AXONA !■>!■—ilsssl (Battings) Ltd has appointed Schroders and Chartered Ltd as the company's advisor on proposals to its lenders, with a view to ensuring the continuance of the company as a going concern. Schroders and Chartered said a further announcement will be made soon, after which trading in
      62 words
    • Article
      Lock icon Imagic to join Atari on Wall Street
      794 11 NYT SOME day in mid-Decem-ber, Imagic Inc will come to Wall Street, the first public company born out of the video game explosion. Formed in 1981 by executives and game designers who defected from the two industry leaders, Mattel and Warner Communications' Atari.
      NYT  -  794 words
    • Article
      LONDON STOCKS
      717 11 THE market opened lower yesterday following overnight telle on Wall Street which sew the Dow Jones Avenge »Up bach to the 1,000 level, fealsra Mid. The Financial Tbnee Index at 10am showed a fall of 9.5 points at 000.4. Among leading equities, Beechem was down 12p at 371
      717 words
    • Article
      Amalgamated Steel may offer shares next month
      483 11 AMALGAMATED Steel Mills' offer of some 13 million shares to the public is expected to hit the Kuala Lumpur stock market as early as next month. Sources say the integrated steel mill company is likely to its offer between Dec 6 and 23
      483 words
    • ASIAN STOCKS
      • Article
        Manila
        55 11 KOVB Pmmm »«TL=i:r z aCcml/* MJi -U MM Meh inmOotLl Ul 222 CDC* 1JI mk nmruHMp ui -u I ipinll K MTU aneh MMpI Ul -4.1» cm—wTZ im inch ihomw ua -ua 1)4 «Kb HST an HI MNI g—«- um math •mWfmt MJt -*M sr5w=sr isr ggg°-» Vufiaa IM
        55 words
      • Article
        Market closes lower
        226 11 HONGKONG THE Hongkong Mock market yesterday closed frier but above the day's lows on aome late short-covering and bargain-bunt-ing, brokers said. Prices eased initially following the overnight Wall Street decline and continued lower in a quiet moraing sr—tmi before rtfflu ri"l some ground la the afternoon. The
        226 words
      • Article
        Sydney shares finish weaker
        135 11 SHARE PRICES IN Sydney yesterday opened lower and drifted throughout the day in quiet trading following the lead of Wall Street. BHP fell six cents to AfS.66 and CSR nine to $3.04 while Ave ce»t (alls took CRA to mo. HOTS CWIa A I- W'M pSSi
        135 words
      • Article
        Unit trusts
        163 11 The Savta«i Fund S pore Prof Food S pore 8m. tad C'MM InVMt CNHM] brN* LM LM LM IM LM '"U LB LM LM LM jww IIW WwKKB S pore Equity Fund L37 LM i Tm mrrt ■n Mai Prof Fund Mai Security Fond Mai Berfaya Faad Mai
        163 words
      • Article
        Bangkok
        96 11 NOV a Bahte KST" AekkuiTkil Cain B -J Atfa ran Wmm Crad* aje -L» Antitjalnv. tattUkniR And Trnat IMOhmmW Bui Of Avodbtit Thai Dan u Bank Ltd IM +J Thai rannan Bank at -a Bata an Thai oka •art! Juekar m -i tndMM Charoooc Thai Thai Induatml _Wlra at
        96 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      301 11 How To Successfully Operate On The U.S. Stock Markets. U.S. Equities are preparing for the greatest growth in a decade. I There ore two methods of investing in U.S. Stock markets, one more rewarding than the other." By the outright purchase method, 100 shores valued at $50 each cost total
      301 words
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      Page 11 Advertisements Column 2
      199 11 Owmffcrgiwi Jutenowi ae Chateau I ovii* LtfS-Cfl IbeJarcrtru lkSnXca& ni%yJCOrut fb»w*ry<Sr «noQ»«-at VKSuyeOiJuot iXSS „«x*jeo< iSSnto^ o-*^73fbw or&o vawe a<v rKtd spa/-KJt«q Hose) teOrvSekr ■tectoc and hit KaAjc i"Vwg *C>oraiu Ss>«t our fhuiiiac v»midt CJOtBCiM «ai»n Cot Vwrtpje CkrtMulafde tot**«d CilOMStaurVwrajf Oho-mM Km*—vwreueOOteJu ultodeVi ntMC S»*te»A.li«* p t»TOrr Viritaae. Vwtqfle
      199 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      154 12 Rises U M riov 380 +70 Lmi| Hut 280 24 SB AL in 18 DBS 830 +5 Troaok Mines TOO +5 K«Yu8u| 234 +4 CktB IMl 233 3 Falls Islaad ft P#» 380 -45 Peteiimf 70S -35 H Leox Pi> 800 -15 Hoi| Ltoif lad Spore Um 745 710
      154 words
    • Article, Illustration
      KUALA LUMPUR
      160 12 Rises U M Flour 424 +38 SEA Lumber 190 +13 Falls Puit Permk 1000 -50 Kununttng 410 -48 Petallng 830 —30 H Leong Fin m -25 HLeoog Credit 550 -30 PMC 510 -15 Straits Trading 580 -15 HLeoog Ind 790 -15 Sel Prop 515 -10 M Cement 570
      160 words
    • Article
      Selected indices
      53 12 FINANCIAL TIMES INDUSTRIALS Monday— 817.8 Friday 82SJJ Week Ago 832.0 Monday Week Ago AUSTRALIAN INDUSTRIALS 801.70 831 JO 831 0 DOW JONES AVERAGE INDUSTRIALS i ntY) nn Tuesday Monday Week Ago ..838.8 Friday 1021.25 Week Ago 1030.82 ALL ORDINARIE8 AQ£\ f HXHANG SENG' Tuwdty TStlJn Monday Week Ago
      53 words
  • Article, Illustration
    Ho sells Leong Huat shares to contractor
    485 12  -  ■Mill Companies Editor: Mane Sabnanf By CHOO AI LENG A BUILDING contractor has bought Mr Ho Kok Cheong's 33 per cent interest in Leong Huat Industries and is expected to announce shortly a takeover bid for the company. Business Times understands that Mr
    485 words
  • Article
    COMPANY BRIEFS
    135 12 PREMIUM HtHlap BM has declared an interim dividend of 6 per cent gross for the financial year ending Dec 3L The dividend will be paid on Dec 31 to shareholders registered on Dec 16. LOYTAPE Bhd has informed the Kuala Lumpur Stock Exchange that there are no matters
    135 words
  • Article
    GCB shareholders get full entitlement of issue
    266 12 DIRECTORS of General Corporation Bhd (GCB) have decided to allot to shareholders their full entitlement of its Msso million 10 per cent unsecured loan stock. The loan stock offer, which closed last Friday, drew good response with applications for a total of $57.17
    266 words
  • LATEST RESULTS
    • Article
      SYNTHETIC Resins (Malay- sia) Bhd
      34 12 has reported a pre- tax profit of M&.26 million for the interim ended Sep 30 against the previous $1.78 million. Turnover was $13.64 million compared with $15.37 million previously.
      34 words
    • Article
      THE Chemical Company of Malaysia Bhd
      39 12 has an- nounced An unaudited pretax profit of MJB.4 million ($16.8 million) for the year ended Sep 30, 1982. After-tax earnings for the group came to $4.8 million against the previous $11.9 millkm.
      39 words
  • Article
    Sim Lim profits stagnate despite higher turnover
    289 12 SDC UM Investments has reported stagnant profits for the six months ended Sep X), 1982, although turnover grew 30.4 per cent to 323J7 million from the previous first half. The group's profit before tax and after minority interest amounted to $1~32 sflhn, down
    289 words
  • Article
    Lien Hoe may sell chemical subsidiary
    384 12 LIEN Hoe Industries Bhd (LHI) is believed to have entered into negotiations to sell off its subsidiary, See Sen Chemical Bhd. Industry circles said that the talks may revolve round a sale price of about MHO million and that the interested party could he
    384 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      55 12 CHANGE OF ADDRESS With effect from 29 November 1982 WARDLEY LIMITED J) (incorporated in Hong Kong) and WARDLEY INVESTMENT SERVICES LIMITED Hong Kong) will have re-located their offices to 19th, 20th and 21st Floors, Hongkongßank Building 21, Collyer Quay Singapore 0104 Telephone: *****80 Telex RS ***** WRDLY (General) RS *****
      55 words
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      Page 12 Advertisements Column 2
      180 12 If someone stains yoiir expensive carpet, you can either replace it- or wish it was a Heuga instead. We suggest you call Heuga before it's too late. Take, for example, when someone stains or damages a Heuga carpet tile. There are two simple ways to make the carpet look as
      180 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      36 12 OUTLOOK for today: Showers in several areas in the afternoon. Alike Maximum temperature Associated humidity.... Minimnm temperature. Appelated humidity.... Hours ot wnshine Rainfall hi millimetres. Total rainfall for the month Total rainy days for the month
      36 words
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  • SHIPPING TIMES
    • Article
      Lock icon Discussions on improving Chinese ports
      341 13 AFP FRANCE is having preliminary discussions with .Chinese authorities on improving some Chinese ports, Yann-Pierre Redmond, commercial director 'of the Port of Marseilles Authority, said in Hongkong. Mr Remond refused to Idivulge the particular Chinese ports involved but he 'vaguely indicated "some South China Sea
      AFP  -  341 words
    • Article
      Singapore laying groundwork for STCW convention
      629 13  -  By JUNE LIM THE Marine Department of Singapore is laying the groundwork to pave the way for the implementation of the 1978 International Convention on Standards of Training, Certification and Watchkeeping for Seafarers. The convention, which sets down minimum standards for training, certification and
      629 words
    • PORTSIDES
      • Article
        PNSC feeder service
        109 13 PAKISTAN National Shipping Corporation will operate a feeder service between Singapore and Bangkok to support a regular full container express service from Bangkok to Colombo and Karachi. Cargo from Bangkok will be shipped every three or four days to Singapore for onward transport to Colomba and Karachi.
        109 words
      • Article
        Lock icon Seamen to go on strike
        68 13 Reuter INDIAN seamen working on Indian and foreign vessels will begin a 72-hour strike from Thursday midnight to press claims for better service conditions, an Indian trade union leader said. The Press Trust of India (PTI) quoted a union leader as saying that the seamen
        Reuter  -  68 words
    • Article
      INDEX TO ADVERTISERS
      627 13 ™PN"i UM PM« C«t AMfpIt Uw Pxo Ori aim vm 1 Evergreen IV r M—j Umr AMrtf CT VI a Fargo a** IX 5 VI i Faaco vn 4/5 4 Ailtran* VII 4 Fortune X A*ac VI 5 Franco-Belj m 4/5 Angooavr vn > Frata NVOC VI
      627 words
    • Article
      Lock icon Slump may boost launching of coal-fired ships
      402 14 Lloyd's List THE current slump in shipping could provide the necessary fillip to launch a new era of coal-fired ships. The coal-fired ship which has been absent from the shipping scene for some 30 years has been the subject of new feasibility studies
      Lloyd's List  -  402 words
    • Article
      Lock icon Inquiry into Reksten affairs
      217 14 Reuter A GOVERNMENT-appoint-ed commission said Hambros Bank of London had not suppressed information on financial involvements abroad by the bankrupt Norwegian shipowners Hilmar Reksten. The commission was appointed last year to .investigate the affairs of shipping tycoon Hilmar Reksten, who died in ISBO, after members of
      Reuter  -  217 words
    • Article
      Lock icon Bill seeking to convert Philippines into FOC opposed
      184 14 AFP PUBLIC and private sectors have opposed a bill seeking to convert the Philippines into flag of convenience or open-vessel registry country similar to that of Panama and Liberia, the official Philippine news agency said. Representatives of the Ministry of Foreign Affairs,
      AFP  -  184 words
    • Article
      Lock icon WEEKLY FREIGHTS
      793 14 AFP THE tendency (or higher rates being paid on the freight market became more noticeable last week as reports circulated of further Soviet buying of US grain together with increased Japanese and Chinese enquiry. The mo6t noteworthy improvement was in the US Gulf/Japan grain trade where 30,000 tonners
      AFP  -  793 words
    • Article
      LONDON FREIGHTS
      1719 14 1 RATES for grain chartering on Monday generally held steady but a US$l decline was seen for a 50,000 tonner from the US Gulf to Japan, at $16. Two Mexican vessels were arranged from the Gulf to Guayaquil at $16.50, and a steady 17.50 was agreed for business
      1,719 words
    • Article
      The Consortia
      212 15 THE MAJOR shipping consortia operating between the Far East Europe, Far East/ Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAB EAST/EUROPE): Franco Belgian Services. "E" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (BTRAITB/ AUSTRALIA): Australian National Line.
      212 words
    • Article
      OCL schedules three more container ships for re-engining
      409 15 OVERSEAS Containers Limited have scheduled another three container ships to be re-engined. The latest vessel to receive the more economical diesel engines in place of the steam turbine power units are three ships in the OCL Australia/New Zealand seven-ship fleet. The move
      409 words
    • Article
      Lock icon OFFICIAL JAILED
      95 15 Reuter A SECOND high-ranking government official was Jailed (or three years (or corruption in the purchase of an inter-island ferry that sank in the Java Sea, killing more than 600 people. The central Jakarta District Court found Hubertus Mandagi, head of the technical department of the state ship
      Reuter  -  95 words
    • Article
      Lock icon Soviet subsidies draw fire from Mitusi OSK Lines
      475 15 Lloyd's List A MAJOR Japanese shipping line is urging noncommunist governments and industry to Join forces in a concerted attack on subsidised competition from the Russian merchant marine. In a special report, Mitsui-OSK claims it is "practically impossible" to reach a compromise
      Lloyd's List  -  475 words
    • Article
      Lock icon Japanese surplus tanker tonnage in home-waters
      183 15 Reuter JAPANESE home-water surplus tanker tonnage service is estimated at 180,000 gross tons, the Japanese Transport Ministry said. The present tonnage is 1.03 million tons, easily exceeding a current reasonable level of 850,000 projected by the shipping and shipbuilding rationalisation council, an advisory body
      Reuter  -  183 words
    • Article
      Lock icon Shirvan damaged
      68 15 Reuter THE 69,360 deadweight ton Iranian motor tanker Shirvan is badly damaged and on fire In the Mid-East Gulf, a Lloyds Shipping Intelligence spokesman said. He said the damage may have been caused by the latest Iran/Iraq hostilities but no firm details are available. The vessel, owned by
      Reuter  -  68 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      6423 20 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for ports around the world I 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
      6,423 words
    • Article
      Container Schedules
      623 21 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voyi Arrival Date/Time Operator Godowns for LCL Cargo FCL Movement Schedule Location Takarl II 266S Ming Young 43W Ever Lucky *****E Anders Maersk 8214 K Jacejln 17W Ever Pioneer *****W As Pallas 304 Bunga Dahlia 46B/47A Chengtu 19S Albany
      623 words
    • Article
      WHO ACTS FOR WHOM...
      1773 21 The leading shipping lines operating from local ports and their agents. A B Adriatic Caataiaer Continental Feeders (S) Cargo Freight <PK). AFEA Singapore Shipping Corporation (Si Euro-Asia Line <PK PN) Urt-Kimh Um Transgroup Pte Ltd <S) Ihnaklsl Uasr Bar-rle* Kim Shpg (S). AJ NavfgattM Praia Shpg
      1,773 words
    • Article
      SHIPS IN PORT
      442 22 AT CONVENTIONAL WHARVES Vessel Berth Agent 1 Arrival Departure KEPPEL WHARVES Chenab 10 PIL alongside 24.11.82/1200 Iweri 20E Pelni alongside 24.11.82/0600 Perak 20W SSPL alongside 24.11.82/1100 Tomoe III 13 Tomoe alongside 24.11.82/0300 Hye Meng I 23 HM Shpg 23.11.82/0600 23.11.82/2300 Well Rainbow 18 Sin Chlao 23.11.82/2300 29.11.82/2300
      442 words
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      Page 13 Advertisements Column 1
      290 13 Everett Lines rot THE MOST frequent sailings to BANGKOK HONG KONG JAPAN BUSAN CHITTAGONG CALCUTTA CHALNA •RANGOON BUENOS ARES MANZANLLO ACAPULCO Kvirctt StMaiUf Corpn. t/A Ottad Centre Singapore 1 Trt *****/9 36. Beach Street. Pen** Rm 36 103 OCBC BUf Td *****/3 Part lUIM| Aftnts Hamsom I CrosMd Tel: *****1/4
      290 words
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      Page 13 Advertisements Column 2
      202 13 SEALORD UASC UNITED ARAB SHIPPING CO SAG lII* lil I i 1 i.A■ .A .1 EXPRESS MULTI-PURPOSE SERVICES Laaia|far 1 T"-I'' ma (19/12), Jabai (21/12). it (23/12). Ma (25/12), Nntii (27/12) (1/1), Dmmm (3/1), •n (5/1), Doha (7/1), Until (9/1). Mm (11/11), it (13/1) it (11/1), JaM (20/1), urn (22/1),
      202 words
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      Page 13 Advertisements Column 3
      19 13 mm LONDON Freights WEEKLY Freights CONSORTIA SHIPPING Schedule CONTAINER Schedules WHO Acts for Whom SHIPS In Port REGIONAL Weather
      19 words
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      Page 13 Advertisements Column 4
      611 13 a IRAQI LINE *40 S'S'l SI HillTlMi SEMI-CONTAINER SERVICE BAGHDAD AQABA All other Iraqi destinations with through B/Ls CQ Agents UHIPfICIFIC TKAHS i TRADING fiCCNCT PTf LTD TEL *****4 (5 LINES) SINGAPORE MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: ÜB. PACIFIC, GULF, ATLANTIC, EAST CANADA, ABIAW PORTS 1;,.TK~ j ',IE~
      611 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      490 14 ml i FAR EAST/EUROPE CONTAINER SERVICE 1) Gburi 2) Kb«ir| 3) Bow 4) R 4am 5) It H P. Sport MM SaM SaM SaM SaM SaM 21/11 In Port SaM SaM SaM SaM SaM SaM SaM SaM 28/11 21/11 J/12 5/12 10/12 12/12 SaM SaM SaM SaM SaM SaM SaM
      490 words
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      Page 14 Advertisements Column 2
      351 14 u Y TTKTWT YAM ASHITA-SIilNNtllON LINE JjJi JU COHTAINEH SERVICES USA/CANADA MIDDLE EAST CONVENTIONAL SERVICES 11/U Li Mp VI MMH 12/1 <Ml M/l Mi 11/1 ivi ivi wi nn nn nn tn V 2 vt l/I Pan Asia Line, ltd, CONTAMDt mVKC TO/FHOM MP AN TAIWAN AGENTS* SUNSHIP AGENCIES PTE
      351 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      601 15 The Straits Steamship Group QCL Overseas Containers Limited STRAITS SHAPING Brand Ports and Bangkok FcONTAINERSHIP SERVICE 10 UK CONTINENT snumsTM ram MUHT acamoMO HI hM CONTAINfRSHIP SERVICE FROM UK CONTINENT ITta| ta rtm Li Mm MW MM MM MM w am wu am wu «t/u am a/u a/u am m/u
      601 words
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      Page 15 Advertisements Column 2
      274 15 rfr* Franco Belgian Services '§0 h•h. h ir. t b «<V 1 41 J ft It torn r*B tfW| Kim I'm* üBK u»Ki»»K»»KaiK acwLE It Dk 21 Ok BOk 77 Dk IS Ok CONIi 27 Ok It Ok IJm It* Sl* OKXTM 7Me IMa 12 Ma 13 Ik Ulk KOKMI
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      577 16 Te»ro Bar S port P ReUn| T S ton 28/11 29/11 4/12 11/1? 18/12 20/12 28/12 28/12 4/1 Fiatfatbpw Also accepting transhipment car to tor CARIBBEAN WEST WOES »ta Hamburg 10 Ml D«T(RRAPC Dm Jin (Mi >nnu II M[Ml|»RA*i Snore P* Pen Bilbao Genoa H burg 8 haren Rdam Antwerp
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      Page 16 Advertisements Column 2
      595 16 K.S.line KUUA ImtHHi cmwu no* "CONVENTIONAL SOftx To/From BUSAN STCH P KrtMf PfNANG BUSAN KG* 179W/lMf ?8 ?9 No. 30? Oc 2 5 Dec 14 Ok *11 Ml IS3W/II4C ?6 ?8 Dk ?9 31 Dk 1 3 bo S3 14 I* STOH KK HT S*j»J —I SUNNY OCfMI *****140k W?7ok
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      Page 16 Advertisements Column 3
      373 16 0 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG Fa ft LCI CARGO FOt: SCP PHI 0 IW fll KM WM IHV fwlM 77/11 7/12 11/12 29/12 22/12 23/12 24/12 IwMt« 1/12 24/12 21/12 21/12 21/12 31/12 (Milackr 15/12 It/12 2C/12 ft/1 1/1 11/1 12/1 13/1 *iso tcoFTMs ia/fa i fa/fa
      373 words
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      Page 16 Advertisements Column 4
      787 16 Everett Lines v\ LOADING FOR RANGOON S'pw PJUAhv p«m WlWlili toft/KM* -T* WOllin" 2t/Jofa> hft/27 Mm M"• 24/2J fat mMRMrw 2»/2fac J/J OK HTOKYM 4/f Dk B F sS C Ag«nH <r> Mokjywo BOUSTEAO SHWING TEL NOS KL *****4/*****7—PKELANG *****1/8 PtNANG *****1/8 CampMM A/|«hmm o* H» writ" iMwwMHiwxal SACIE "ARGENTINE
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      Page 16 Advertisements Column 5
      274 16 USINOSE MARITIME PTE LTD t€n SUN UNION LINE soman arcs i 20/12 22/12 knu worn SMUKK MSNWTHmiID TU *****44/7 t 22*137* ■ocuk OMMT MMI CONNWT ra. 222*3*2/3 KWULMTM- UITI»9VW»M IU 4*4644/4*4751 JMIttUK UIT MM 9VfK SMHIt 98-9732/3/7251 KMK IMUTM TUB 1 IUHVOtT lit T# <7*S3 1 ***** KYOWA LINE Lyll
      274 words
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      Page 17 Advertisements Column 1
      653 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) STORE IE IE j-y.y J' j.'.TV AQABA I COLOMBO I B*PORE 27-28/11 2-1/12 29-31/12 2-3/1 $-7/1 17-13/1 23-24/1 7-3/2 11-12/2 14-13/2 23-27/2 4-5/3 13-21/3 23-34/3 23-23/3 7-3/4 13-14/4 EAST AFRICA/REDSEA SERVICE NVH COLOMBO/KARACHI/P. GULF SERVICE KOTABAKTI 2/4
      653 words
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      Page 17 Advertisements Column 2
      363 17 IRAQI LINE M.V. ALFARABI M.V. ALVIASITI M.V. EASTERN (OH) Sport P. 3/5 Dac 15 0K P. Ketani Laadh( far Aqafca/Basrah/BafMad Aqaba/Basrah/BafMad 18/11 D#c 20 Dac Aqaba/Basrah/BafhiM \iMi-j »E3 ai r w,7 T ,r a TiT^ M.V. ALFARABI M.V. ALWASm 3/5 Dec 15 Dac THROUGH B/Ls to BAGHDAD ft BASRAH UPON
      363 words
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      Page 17 Advertisements Column 3
      463 17 i BEN LINE CONTAINERS EXPRESS CONTMOt SERVICE TO/FROM EUROPE KMC IHAWtN «MM HAW SOTQM Spore r Austria Aatvcrp franc* MUK FraMßvt Upms S«r«St*r 1/12 Tokyo lav 1/1 10/1 U/l 13/1 MOW RWI KMC fHAttN R'QAM HAWK SOTQN WGoroMon/ Antra BomMoi frMct Aim PMbn|Sport MMto bW MM bM MM faM 27/11
      463 words
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      Page 17 Advertisements Column 4
      494 17 ScanDutchtt m IM M M M 2 S 2 .MMM M M M 2"2" M» 5 mmm M hM wu rpn pamm m m a/u hftrt -fM I/U 1/U VU S/U VU M/U U/U IVU M/UIVU 8 waawisf 1 MONTHLY MULTI-PURPOSE/ CONTAINER BERVICE TO HP St A/ EAST MED./WEST MID.
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      Page 17 Advertisements Column 5
      537 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS VOEPENDEMT SERVICE TO UK/COHT FORTHBANK MEADOWBANK SPORE R'DAM HULL HMBG 4 Jon 90 Jon 2 Fob 6 Fob 22 Jon 17 Fob 19 Fob 24 Fob Lukes/* Linos U.S. GULF DVtECT SERVICE KUTHLYKES irnrw ltkes (•New Orleans, Mobile. Houston, Galveston) (Accept!* M tor IQUTOS
      537 words
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      Page 18 Advertisements Column 1
      1467 18 K LINE KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE NEW YORK/E. CANADA CALIFORNIA FEEDER VESSEL STORE I BRIDGE VI? 76 No. STAR Vi 3 Dec M [MIRAID Vl9 10 OK STORE MOTHER VESSEL ?6 No. NEW YORK MARU V 67 3 OK YASHMA MARU V 39 10 Ok "KUROBE MARU
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      Page 18 Advertisements Column 2
      758 18 K CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lM*«t Mr lOS ANGEIFS SAN FRANCISCO SEATTLE TACOMA VANCOUVER OC Acctptn| Fa/Fa Contjncrt S MjJ 1 I **P<K AUSTRALIA EXPRESS CONTAINER SERVICE *cc«vtai| Fa/Fa Caul awn •Ciowt lift at PPWCOU 10/17 OK 30 0K It 17 lan 30 lan 10/17 frt 2
      758 words
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      Page 18 Advertisements Column 3
      571 18 KORINS MARITIME SERVICES,™ Roon 60 1 ICB Building Sfienton Way Singapore Tel *****22 *****67 P Keiang Tei *****1 8 MIDDLE EAST/RED SEA/EUROPE SERVICES ONEBEST NO I. HAEWOO Li tfyundae Shipping Co. lid. TBI! HAN NUM. S pore P. Ketanf Loadmf for: .30 Nov Dammam/Kuwait .10 Dec Dammam/Kuwait M\ ASIA MERCHANT
      571 words
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      Page 18 Advertisements Column 4
      579 18 INTRASEA (PTE) LTD. Suite 2616 International Pa;.i Anson Singafv>f» 0»?07 Tel *****1 1 jIo l'~» j v BREAKBULK SERVICE TO EUROPE/UK Loadstar Bomoa(/im MTW/ UK (AVON) BOULOOC/fDAM ANTWERP/UK (AVON) S pare P. Keiang Pmm| Load KATENDRECHT *****- hhrt SM BOUL CAROLME P. BBol7— 29 NM 2C NW BOUL Vn«l Laadwg
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      430 19 TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia K JACEJIN S pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) 1100 24/11 2300 23/11 TO AND FROM AUSTRALIA: JAKARTA SMGAPORE PENANG P. KELAN6 BRISBANE SYDNEY BURME MELBOURNE ADELADE FREMANTLE Also accepting cargo LCL Cargo 1100 25/11 TO/FROM
      430 words
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      Page 19 Advertisements Column 2
      617 19 MALDIVE LINES ETA SPORE 28/11 In Port 1/12 In Port In Port In Port 1/12 Sailed 25/11 29/11 ETA KUANTAN ETA PORT KELANG MALDIVE STAR 28/11 LOADING FOR MALE MALDIVE NOBLE In Port Loading For Jeddah OCEAN GLORY No 6 1/12 Loading For Male MALDIVE NOVEL In Port 25/11 Loading
      617 words
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      Page 19 Advertisements Column 3
      965 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUHMMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SMGAPORE Telei Numbers RS ***** RS ***** RS ***** P KEIANG POMNG M/S SHAMKAT NAH SOON SON BHD. IST AND 2ND FLOOR MESSRS HAI THONG SHPPMC 23 WeM
      965 words
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      Page 20 Advertisements Column 1
      561 20 S S C (Jroup SINGAPORE SHIPPING CORPORATION PTE. LTD 2oth floor Ocean building Singapore 0104 r f r, K ET o' N^r i ,3L NCS GENERAL 9131)1 122 LINES) WS RS 2SSE>B A 3 CARSMIP CABLE CARGOSHIP Keyioual Container Lines 2 SAILINGS A WEEK to/from BANGKOK BERTHING 1300 HRS EVERY
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      Page 21 Advertisements Column 1
      98 21 LOADING FOR KUWAIT. MUSCAT, SALALLAH, DAMMAM "NEW ENDEAVOUR" ETA SIN 24/11 COMPETITIVE RATES OFFERED Please call MEM SHIPPING (S) PTE LTD Tel: *****81, *****97 THE NEW STRAITS SHIPPING CO. (PTE) LTD COLOMBO/MADRAS SERVICE Vessel t ETA ETD loading for M V OMENTAL ROSE 1/2 Oec sOk Colombo/Madras 57 J. 9th
      98 words
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      Page 21 Advertisements Column 2
      394 21 .a. EGYPTIAN INTERNATIONAL LINE EIL i INTERNATIONAL LINE EIL. EGYPTIAN FLAG DNKCTUNER SERVICE TO EGYPT (POUT SUEZ PONT SAD ALEXANDRIA) rr »B n urn *n* toe 2t Dk 31 la) >■* la t tm 12 DIRECT LINER SERVICE FROM EGYPT fIEL sw* H fe i< Lm* I* IM >4 I
      394 words
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      Page 21 Advertisements Column 3
      104 21 JtmFMKO smmcm/unr (?tlj ltd. jgj BANGKOK EXHCSS SVC (Fa I La) am Mm BLABS LM (Mat*■» SVC) IBM. 9 MOMBML MR IB K Cjrrwr 7 1/12 Tw O* 127- S/l 13/1 »/l 12/12 C*mr 9 1«/12 SatlM CCII/ 1 21/1 2/2 25/1 C»rw 12 24/12 N*kM 11/1 21/1 2/2 2S/1
      104 words
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      Page 22 Advertisements Column 1
      465 22 CONTAOO »32W OMENTAL CHKF V 32* Spn MNm, IVII 24/11 1/12' 2/12 112 9/1J 17/12 11/12 Everett Steamship Corpn.S/A Clifford Centre Harrisons A -C rosfield )f> Beach Street Pen.ing Singapore P Kelang K L Rm 16 103 O C B C Biflq Tel SiS4# 1 S JBfe'ol 4 &0/S0 9
      465 words
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      Page 22 Advertisements Column 2
      470 22 HAJ SHIPPING SDN. BHD J3 3S ll N CUNGCAH JfF UN y>Ol*H Ml *****6 .S lifts HID Ms 4f.lt HAi'W REGULAR SMLM6S TO EAST MALAYSIA PENANG P. KELANG ETA ETD ETA ETD Loading for *MATATI V: 14/12 •HATATI V: 15/12 •HATATI V: 16/«2 In Port 21/11 9/12 11/12 22/12 24/12
      470 words
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      Page 22 Advertisements Column 3
      422 22 la MAGNA MARINE LINES 75i?rrr""7Ti 1 r < i t-: v. TO ft VMM SOUTH MICA WESTBOUND SERVICE RHOOIAN TRADER I *-17 (BIT 1970) BESSANG PASS Ml 9 (BIT 1975) GEKRAL VALUES M-20 (■IT 1971) MAGNA M-21 SWANK PT KELANG LOAOMG FOR 21/11 REUMON MOMBASA DARES SALAAM 11/12 IS/12 REUNBN/TAMATA*/
      422 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      167 22 Regional Weather m fWj l s >/ 53 ft rm 7m ■J vA 33 n »»irJ itl»^ LL l£ Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots
      167 words