The Business Times, 3 June 1983

Microfilm: NL14069
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 67/1/83 FRIDAY, JUNE 3,1583 60 CENTS
    10 words
  • Article
    Mahathir appoints new ministers in Cabinet reshuffle
    393 1 MALAYSIAN Prime Minister Dr Mahathir Mohamad yesterday reshuffled his Cabinet. Four new ministers, five new deputy ministers and four new parliamentary secretaries have been appointed. The new ministers are Datuk Dr James Ongkili, Mr Anwar Ibrahim, Datuk Shahrir Abdul Samad and Datuk Chin
    393 words
  • Article
    Lock icon UN workers overpaid says commission
    194 1 Reuter CIVIL servants working for the United Nations in Europe are overpaid and their salaries should be cut by up to 10 per cent, according to an official UN report. UN officials disclosed yesterday that a confidential report by the organisation's International Civil Service Commission
    Reuter  -  194 words
  • Article
    ECICS suffers first setback in years
    541 1  -  By LEE YOKE MENG SINGAPORE'S export credit insurance agency has suffered its first setback in years as a result of "an unusually turbulent world economic environment during 1982". For the year ended Dec 31,1982, the Export Credit Insurance Corporation of Singapore (ECICS) reported a
    541 words
  • Article
    Lock icon Japan moves to encourage imports
    147 1 Reuter JAPAN plans to train foreign businessmen how to sell their products to the Japanese in a new series of measures aimed at increasing imports, government officials said in Tokyo. Steps planned by the International Trade and Industry Ministry include tax and financial incentives which
    Reuter  -  147 words
  • Article
    Lock icon Reagan outlines proposal for new trade department
    594 1 NYT THE Reagan Administration has sent to Congress a detailed trade reorganisation proposal to create a "lean and mean" department of international trade and industry to help the US "rightfully develop its international trading opportunities and defend its international trading rights". The plans
    NYT  -  594 words
  • BRIEFLY...
    • Article
      Lock icon Arafat criticised
      50 1 UPI PLO chairman Yasser Arafat's senior aide has accused the guerilla leader of negligence but also criticised his opponents for the way they carried out their mutiny. "Arafat's faults include nonattentiveness, neglect of collective leadership and consultations," Salah Khalaf told the United Arab Emirates newspaper A 1 Khaleej.
      UPI  -  50 words
    • Article
      Lock icon Hanoi flight
      60 1 Reuter AN American air force plane will leave shortly for Hanoi to collect the remains of 12 Americans missing in action since the Vietnam war, an air force spokesman said. The spokesman at Clark US air force base, north of Manila, would not say when the plane would
      Reuter  -  60 words
    • Article
      Lock icon Dioxin to be burned
      51 1 AF THE 41 barrels of highly poisonous dioxin left from an industrial accident in Seveso, Italy and recently found in northern France, will be destroyed in Switzerland, the French Environment Ministry announced. The dioxin will be burned by the Ciba-Geigy company at Basle, Switzerland, the ministry
      AF  -  51 words
    • Article
      Lock icon Timor accord
      57 1 UPI INDONESIA and Australia are expected to reach an understanding on East Timor when President Suharto and Prime Minister Bob Hawke meet this weekend. Mr Hawke begins a three-day visit on Saturday on the second stop of his seven-nation tour which also includes Papua New Guinea, Britain, France,
      UPI  -  57 words
    • Article
      Lock icon Jet crashes
      60 1 UPI A GARUDA national airways Fokker-28 jet carrying 61 people crashed on takeoff in Sumatra yesterday, killing three people and injuring an undetermined number of others, a company spokesman said. The jetliner, carrying 57 passengers and four crewmembers, overshot the runway at Tanjungkarang Airport, 208 km northwest of
      UPI  -  60 words
    • Article
      Lock icon Wheat talks
      63 1 UPI AMERICAN and Soviet officials met for the second day yesterday to discuss the possibility of a new US wheat agreement with the Soviet Union. The informal talks are aimed at recouping grain sales lost during the 1980 US embargo and at exploring prospects for a new long-term
      UPI  -  63 words
    • Article
      Lock icon Suit against forgers
      55 1 UPI A WEST German historian whose book on Adolf Hitler was used extensively in faking the Hitler dairies has brought charges against the forgers, justice officials said. A spokesman at Hamburg's Public Prosecution Office said historian Max Domarus filed charges against the forgers because he felt they
      UPI  -  55 words
    • Article
      Lock icon Ships order
      33 1 UPI VENEZUELA may order a group of naval vessels from South Korea in addition to six transport ships being constructed for the South American country, a Venezuelan military official said. upi
      UPI  -  33 words
    • Article
      Lock icon Dow Jones up
      54 1 AP THE New York stock market opened broadly higher yesterday as interest rates fell. The Dow Jones Average of 30 industrial stocks rose 6.12 points to 1,208.33 in the opening half hour, with more than two stocks rising in price for every one fell on the New
      AP  -  54 words
  • Article
    Lock icon Dollar at new peaks in HK and Paris
    311 1 Reuter THE US dellar hit record high» against the Preach (rue aad Heagkeag dollar la fereiga exehaage markets yesterday. la Parte, It was fixed at 7.8888 traaes compared with 1.1)11 at Wednesday's fixla Hsagksag, the celeey's dallar hit a reeerd law ef
    Reuter  -  311 words
  • Article
    Rise of 47.8 pc in savings at finance houses
    227 1 LAST year was one of the best years ever for the finance house industry here savings deposits rose to a record high and finance companies took up a larger share of the national savings. The Finance Houses Association said in its
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  • Article
    Land in Bugis Street area to be acquired
    256 1 THE Government is acquiring more than 24,000 square metres of land in the Bugis Street area for urban redevelopment. The large plot of land, bounded by Roehor Road, North Bridge Road, Middle Road and Victoria Street, contains more than 210 individual units
    256 words
  • Page 1 Advertisements
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      250 1 iuJuvJM so*e Agent tor Singapore, Motoys»o Indonevo and Brone* fpi? SKY MIGNT TIADMG COMPANY dJJS TH *****35 *****79 kmdb: THE Federal Reserve is expected to add a small amount of reserves to the banking system during the statement week which began yesterday Page 2 TEACHERS, instructors, company trainers and university
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      Page 1 Advertisements Column 2
      114 1 As always, ICB gives you the better interest rate. And prompt courteous service at any of our branches. Fixed Deposit 5%% p a. 1 month (minimum $5,000) 6% p.a. 2 months 6% p.a. 3 months 6V<% p.a. 6 months 6V£% p.a. 9 months 6M>% p.a. 12 months Savings 6Vi% p.a.
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      3 1 See page 3
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      Page 1 Advertisements Column 4
      106 1 Reduction/Enlargement PPC "4 very tender, very rare 1 t: 7 s *A dJ There was a time when there were no mac hines and man was the supreme artisan. His hands the tools of ingenuity Testoni perpetuate the an of s.u£h craftsmanship Each piece of leather hand-cured and Metamorphosed into
      106 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Fed may add some reserves to system
      549 2 Reuter THE US Federal Reserve may add a small amount of reserves to the banking system during the statement week which began yesterday, credit market analysts in New York said. However, most thought it was unlikely to arrange either customer or system repurchase
      Reuter  -  549 words
    • Article
      Lock icon In Volcker's shoes
      108 2 Reuter lis FEDERAL Reserve Board chairman Paul Volcker has "done a good Job" bat others are qualified to Oil his position, Commerce Secretary Malcolm Baldrlge said. "Personally, I have had a high admiration and regard for him (Mr Volcker), bat that is not the same as saying
      Reuter  -  108 words
    • Article
      Lock icon No major default foreseen
      158 2 Reuter CHASE Manhattan Corp chairman Willard Butcher has said he is confident that there will be no major debt defaults by Brazil or other Latin American countries. He notes, however, that debt reschedulings would probably have to include a rescheduling of interest as well as principal
      Reuter  -  158 words
    • Article
      Lock icon Interest-free loans for China and India
      463 2 AP INDIA and China will have to split between them about US$6.4 billion worth of longterm, interest-free loans over three years if the fund that supplies them reaches $16 billion, World Bank officials said on Wednesday. This would amount to 40 per cent of
      AP  -  463 words
    • Article
      Lock icon Terms for refinancing Argentina's swaps
      311 2 Reuter ARGENTINA'S central bank has announced terms for refinancing about US$l.5 billion of swap 6 over a period of up to three years with an interest rate of 2V« per cent over the London interbank offered rates or 2H per cent over US prime rate.
      Reuter  -  311 words
    • Article
      Lock icon France borrowed US$1.3bn in May
      379 2 FT FRANCE was again one of the heaviest borrowers on the international markets last month, according to figures released on Wednesday by the Organisation for Economic Cooperation and Development (OECD). The figures showing that France borrowed US$l.3 billion on the international capital markets in May
      FT  -  379 words
    • Article
      Lock icon Chemical Bank to decide on appeal against ruling
      244 2 Reuter CHEMICAL Bank said it will decide within two weeks whether to appeal a court ruling denying it the right to begin a 90-day cure period after which Washington Public Power Supply System may be declared in default. Chemical serves as trustee
      Reuter  -  244 words
    • Article
      Lock icon Brazil to raise US$2bn
      134 2 Reuter BRAZIL is to raise up to US$2 billion in new financing from commercial banks this year to fund its balance of payments. Brazilian government sources said the fresh borrowing will be to make up for shortfalls on inflows of foreign currency from foreign investment and
      Reuter  -  134 words
    • Article
      Lock icon High-risk loans form 24pc of Tokyo banks' foreign lending
      386 2 Reuter THE outstanding balance of high-risk loans by 16 leading Japanese banks to 25 borrower countries stood at 5,327.70 billion yen on March 31, banking sources in Tokyo said. The amount represented 24.3 per cent of the outstanding balance of their
      Reuter  -  386 words
    • Article
      Lock icon Electronic instruments
      112 2 Reuter THE Financial System Research Council, an advisory body to the Japanese Finance Ministry, said the advent of electronic haninng in Japan is expected to provide an incentive for the development of new financial instruments in both the investment and settlement fields. The council said it is difficult
      Reuter  -  112 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        488 2 THE LOCAL foreign exchange market yesterday saw the US dollar closing weaker against major currencies except the sterling. The US dollar opened at 2.1075/85 against the local unit and was traded down to the day's low of 2.1030 40 The rates moved up to close at 2.1060/60 after
        488 words
      • Article
        London
        187 2 THE US dollar yesterday opened steady with sterling slightly easier in quiet morning trading. The dollar was underpinned by generally positive economic indicators, firming US interest rates and a feeling that central banks are reluctant to intervene to curb its rise. But with the Frankfurt exchanges closed for the
        187 words
      • Article
        PLR
        22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.09 per cent.
        22 words
      • Article
        ASIAN $
        188 2 ASIAN ASIAN currency deposit Interbank rates as at close on June 2: U8 Dollar* (Spot! Offer Bid 7 day* 9 5/16 93/18 1 month 9 7/16 9 5/16 2 months 9 9/16 97/16 3 months 9H 9*4 6 months 913/16 911/16 9 months 10 9% 12 months 101/16 915/16 Das.
        188 words
      • Article
        Discount
        44 2 range of price* offered by discount houses on June 2: Overnight: 3 Call deposits 1 3 Closing Baying 8«1Um 3-month 2H 2W Treasury bills 3-month 713/16 711/18 Bank bills 3 months CD 7* 7* 0 months CD 7* 7* Source: National Discount Co
        44 words
      • Article
        Hongkong
        80 2 THE US dollar and sterling eased in moderately active late business yesterday. The US unit fell to 2.5485f 95 marks from an early 2.5530/37 and New York's close of 2.5520/55, and sterling eased to $1.5850/60 against $1.5900/10 and $1.5900/15. Banknote rates yesterday: US 7.22/7.24 UK 11.45/11.65 Brunei 3.42/3.44 W
        80 words
      • Article
        Gold
        382 2 GOLD FUTURES in Singapore yesterday recovered in moderately active, late trading on short-covering interest, but the market still closed lower on balance compared with Wednesday's level, dealers said. The dealers said gold recovered in the afternoon because of a weaker US dollar. Market expectations of an announcement of an
        382 words
      • Article
        Silver quotes
        34 2 New York 12.12B unav L2 19S uuv Zurich 12.42B unav 12.51S unav Singapore 11 in 12.Q5B unav 12 15S unav Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
        34 words
      • Article
        TOKYO
        214 2 THE US dollar yesterday closed lower at 239.25 yen on profit-taking and position adjustment, dealers said. Trading was nervous because of the possibility of Bank of Japan intervention to support the yen and the fast pace of the dollar's recent rise, they said. The closing rate was well below
        214 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      159 2 o«if <4 I t m i wt M «2 ■aj J 1 C Eating out at SUSHI KOHARU is like dining at a restauront in the Ginza Lunching and dining at sushi koharu is an experience it's like being there, in a top-class restaurant at The Gmza Because the SUSHI
      159 words
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  • TRADE AND INDUSTRY
    • Article
      Using English to write lessons on floppy disks
      432 3 TEACHERS, instructors, company trainers and university lecturers will soon be able to use an IBM Personal Computer as a teaching tool without having to learn about programing first. Using a software program written by a training unit of American book publisher McGraw-Hill,
      432 words
    • Article
      Who are likely to be Gateway's tenants
      305 3 GATEWAY, the $500 million twin-tower landmark in Beach Road to be completed in two to three years' time, is expected to attract tenants from industries such as the travel trade and oil and consultancy firms. This is because such companies are unlikely to
      305 words
    • Article
      Frama sells two machines
      314 3 FRAMA Pte Ltd, "a leading local distributor of equipment for tanners and shoemakers, sold two machines worth $200,000 on the first day of the International Leather Fair on Wednesday. The company, which represents more than 15 European equipment manufacturers, expects another four to six machines costing
      314 words
    • Article
      American company invests $11m in Jurong factory
      335 3 THE NEW $U million West Pharmapack plant in Jurong is a "reassuring" investment, said Mr S Dhanabalan, Minister for Foreign Affairs and Culture. Speaking at the opening of the factory yesterday, he said: "It is always reassuring to have a leader in some
      335 words
    • Article
      Why there are delays in ECICS claim settlement
      378 3  -  By LEE YOKE MENG INCOMPLETE documentation is one of the main reasons for the delay in claims settlement by the Export Credit Insurance Corporation of Singapore (ECICS). Mr Kwah Thiam Hock, assistant general manager of ECICS, said that specific time periods are
      378 words
    • Article
      Tootsie comes out tops
      217 3 A FEMALE impersonator has attracted bigger crowds than a creature from outer space. It happened, of course, only at the local cinemas where the film Tootsie emerged as the top English language film so far this year, beating the previous winner, E.T. Now in second spot
      217 words
    • Article, Illustration
      12th SEA GAMES
      697 3 RESULTS on the sixth day of the South-east Asian Games yesterday were: ATHLETICS Shot putt (women): I)Jennifer Tinlay (Bur) 13.17 metres, 2)Consuelo Lacusong (Phil) 12.00, 3)Yetty Tukayo (Ind) 11.53, 4) Lai Chang Hong (S) 9.73. Shot putt (men): 1) Bunch Supanroj (Thai) 14.68 metres, 2) Herman Dambuyai
      697 words
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      133 3 ?}?~~-$}[&~.?{}!*{]:>`_%_*([$:` 1k HOTELEX ASEAN RESTAURANT W FOOD FAIR Join South-east Asia's Expanding Hotel Catering Industry at the HOTELEX'B3 EXHIBITION AND CONFERENCE incorporating the ASEAN RESTAURANT AND FOOD FAIR Hall 3, World Trade Centre, Singapore 26-29 October 1983 These statistics will tell you why: Singapore 13,000 new rooms Thailand 4,000 new
      133 words
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      Page 3 Advertisements Column 2
      218 3 4 ■XMorning, Noon Night Now you can travel Royal Executive Class on any of our 3 daily flights to Bangkok < f?0 iv H fc.T I Breakfast Flight When you travel Royal Executive Class you'll find luxury goes a long way. We give you more leg room to relax in
      218 words
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  • OVERSEAS
    • Article
      Lock icon Nato leaders end talks with renewed pledges
      548 4 AP WESTERN alliance defence ministers ended a strategy session in Brussels yesterday with renewed pledges to deploy new US missiles in Europe and continued worries over spending for conventional forces. US Defence Secretary Caspar Weinberger and representatives from 13 North Atlantic Treaty Organisation
      AP  -  548 words
    • Article
      Lock icon American strategic arms proposal may be revised
      567 4 NYT BOLSTERED by the political solidarity of the seven-nation Williamsburg summit, President Reagan has signalled his intention to revise the US strategic arms proposal soon. Other top US officials disclosed marked disagreement between the State Department and Defence Department over proposed shifts in
      NYT  -  567 words
    • Article
      Lock icon Reagan denies changes in policy
      291 4 Reuter PRESIDENT Reagan has again denied that a recent shuffle among his Central American policymakers indicated any changes in policy. "Contrary to some reports you may have seen, we're not changing the policy we outline to Congress," Mr Reagan said in remarks on Wednesday to
      Reuter  -  291 words
    • Article
      Lock icon The PLO element in Middle East peace
      495 4 NYT AMERICAN and other Western intelligence analysts have concluded that the most dangerous element in any possible military confrontation between Syrian and Israeli forces in Lebanon is what they see as the Palestine Liberation Organisation's desire to prove to itself and to Israel
      NYT  -  495 words
    • Article
      Lock icon China and US begin investment treaty talks
      376 4 Reuter CHINA and the United States have started talks on a treaty which American businessmen hope will result in an upsurge in investment in China. US diplomats said the talks would last several months and the treaty is expected to include provisions concerning
      Reuter  -  376 words
    • Article
      Lock icon Scientists claim greatest discovery in 25 years
      316 4 AP A TEAM of researchers has announced what it claims is the greatest discovery for a quarter of a century in scientists' probe into the mystery of matter and energy "We have finally found the 'Z-Zero' sub-atomic particle, whose existence has long been
      AP  -  316 words
    • Article
      Lock icon Injected medicine can stop heart attack
      227 4 AP DOCTORS can stop a heart attack as it happens and reduce damage to the heart by injecting medicine directly into the blood clot that causes the seizure, a US study shows. The research is the first that directly compares the results of the
      AP  -  227 words
    • Article
      Lock icon Manila sets budget ceiling
      133 4 Reuter THE Philippine government has set a 57 billion peso ceiling for the 1984 national budget, a government spokesman said. This is eight billion pesos below this year's 65 billion peso budget. Officials said after a Cabinet meeting the main aim was to reduce the 1984
      Reuter  -  133 words
    • Article
      Lock icon Asians moving fast into British industrial empires
      306 4 UPI ASIAN business talent in Britain is moving fast from the street shop-on-the-corner into commercial empires, the UK Institute of Directors said. To date, British financial and industrial empires controlled by Asians have a combined annual turnover of £2 billion, and they are
      UPI  -  306 words
    • Article
      Lock icon Chinese enterprises to pay 55pc tax
      279 4 AP IN A major economic reform, China's state-owned enterprises will pay an annual tax of 55 per cent on profits and split the rest with the state. The English language China Daily reported yesterday that the new tax system is expected to encourage the
      AP  -  279 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      756 4 ARRIVALS Service Local Operator Number Tine From PAA PA5 0015 JFK/SPO/HKG TMA TL351 0600 BEY/BOM SLA SQ43 0750 DHA MAS MH601 0820 KUL CAL CI010 0855 JED/DHA MAS MH671 0906 KUL MAS MH8LL 0910 PEN SLA SQ103 0945 KUL RBA BI421 1000 BWN MAS MH603 1020 KUL
      756 words
    • Article
      Lock icon Gulf states may hold extraordinary meeting
      412 5 AP Reuter THE oil ministers of Saudi Arabia and its five oilproducing partners in the Gulf are considering an extraordinary meeting this month on the oil market situation, it was reported in Dohar, Qatar. The official Qatar news agency, in a report from Riyadh,
      AP; Reuter  -  412 words
    • Article
      Exxon and Mobil cut back in Indonesia
      155 5 PT STANVAC Indonesia is reducing its work programme significantly because of weak oil prices and its own unresolved future, Petroleum Information International said in Houston. The weekly newsletter noted that the company, a 50-50 venture of Mobil Corp and Exxon Corp, is the
      155 words
    • Article
      Lock icon Rain and drought may push up sugar -prices
      289 5 Reuter THE price of raw sugar has doubled on world commodity markets this year and further rises are possible, London dealers say, after the worst weather in years in main sugar-producing areas. The dizzy increases, up to 50 per cent in the
      Reuter  -  289 words
    • WORLD IN BRIEF
      • Article
        Lock icon ACCORD ON TIN BODY
        543 5 Agencies INDONESIA, Malaysia and Thailand, which produce 73 per cent of the world's tin, will soon sign an agreement to establish the Association of Tin Producing Countries, the official Indonesian Antara news agency said on Wednesday. It quoted John Katili, director-general for general mining at the
        Agencies  -  543 words
    • Article
      Lock icon Granville expects fall on Wall Street
      295 5 Reuter JOSEPH Granville, who writes the controversial Granville Market Letter, expects the US stock market would give up all its recent gains over the next 12 months and might decline further. Speaking in Montreal on Wednesday, he cited an overabundance of corporate debt and
      Reuter  -  295 words
    • Article
      Lock icon Baldrige expects 5pc rise in American GNP
      618 5 Reuter AMERICAN Commerce Secretary Malcolm Baldrige said the US gross national product will rise an annual rate of more than 5 per cent after adjustment for inflation both this quarter and next. "I think we will have over 5 per cent this quarter
      Reuter  -  618 words
    • Article
      Lock icon April factory orders in US rise 2.1pc to US$166bn
      524 5 Reuter AMERICAN factory orders rose U553.47 billion, or 2.1 per cent, to a seasonally adjusted $166.06 billion in April from March, the US Commerce Department said. The April increase was the fifth in the last six months and follows a revised
      Reuter  -  524 words
    • Article
      Lock icon Thatcher victory could boost, then depress, sterling
      377 5 AP IF MARGARET Thatcher s Conservative Party wins the British elections on June 9, the sterling should rise about 15 US cents from its current level of about US$l.6O, an American financial consulting firm said. But, added a report by Rinfret Associates Inc
      AP  -  377 words
    • Article
      Lock icon Conservatives accuse rivals of hiding leaders
      293 5 Reuter BRITISH Prime Minister Margaret Thatcher's ruling Conservatives, nervous about falling poll ratings, have accused rival parties of trying to hide their leaders in the closing stages of the election race. Conservative Party chairman Cecil Parkinson on Wednesday noted the image problems troubling both
      Reuter  -  293 words
    • Article
      Lock icon Committees curb Reagan's power to limit trade
      201 5 Reuter TWO congressional committees have voted to curb President Reagan's authority to restrict trade for national security reasons. His decision last year to stop exports of equipment from US companies and their foreign subsidiaries for use on the Soviet natural gas pipeline to
      Reuter  -  201 words
    • Article
      Lock icon Federal Reserve adopts amendments
      200 5 Reuter THE US Federal Reserve Board said it adopted amendments to its regulations on international banking operations which establish procedures (or allowing bank holding companies to invest in export trading companies. The amendments carry out provisions of the Export Trading Company Act of 1962. That law
      Reuter  -  200 words
    • Article
      Lock icon Export letters of credit rise
      153 5 Reuter JAPAN'S export letters of credit received rose 0.7 per cent in May to a rounded US$B.36 billion from $8.30 billion a year earlier, showing a year-on-year rise for the second consecutive month, the Japanese Finance Ministry said. In April, Japanese letters of credit received,
      Reuter  -  153 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      198 4 WE CAN GIVE YOU A BETTER VIEW OF US. COMMERCIAL REAL ESTATE OPPORTUNITIES U.S. commercial real estate continues to offer many opportunities to provide you with increased worth and security. For substantial investors in Asia, Citibank's private bankers can provide help with U.S. commercial real estate investment just as we
      198 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      136 5 On a scale of 1000, this shoe is a 990. The New Balance 990 is the most technologically sophisticated running shoe made today. It has a unique polyurethane Motion Control Device for maximum stability. A midsole unit made of three different layers of EVA for shock absorption. And a new
      136 words
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      Page 5 Advertisements Column 2
      162 5 ratio a [petting AN INDUSTRIAL m PROPERTY I DEPARTMENT f STORE! Ctai Warehouse P,. rrrrt„,^ gjßti s;s.——zl Li-' Ci'. $250 million dollars worth on display! ONE STOP SHOP! The first time in Singapore... a one stop shop for factories, warehouses and showrooms under one roof at the Industrial Property Showcase.
      162 words
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  • Article
    Computer as teaching aid
    393 6 THE SOLUTION to the quadratic equation, as every algebra student forgets, is minus b into plus or minus the square root of b squared minus 4ac divided by 2a. A computer can, without much*difficulty, be programed to teach that. But that's not the solution to the
    393 words
  • Article, Illustration
    The Japanese will to work slackens
    1210 6  -  Japan is witnessing a gradual shift in attitudes regarding the traditional pillars of the management system, lifetime employment and seniority wages. In the second of a three-part series, JON WORONOFF analyses the malaise which threatens to cripple the highly reputed Japanese work will. JON
    1,210 words
  • Article
    Lock icon Riveting story of Deublin's success
    647 6  -  By STEVE LOHR NYT WELL-KNOWN brands which give the consumer the cachet of membership in the international community those are the types of foreign products most likely to sell in Japan. Manufactured items sold to large industrial corporations, on the other hand, have a more
    NYT  -  647 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      125 6 \i v* vo ■fcf i*a «w MALAYSIAN BUILDING EXHIBITION /y Malbex '83 brings together the latest in building materials with over 250 displays of the most modern and sophisticated technology from over 20 countries. Product displays will come from Australia, Belgium, Canada, France, Holland, India, Italy, Japan, Malaysia, New Zealand,
      125 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      18 6 }<"~)[&/,/%(?|_>.!$/)]{`;~",?,@ BliStowr: Rank DicfcenS S3 THC goods HP NOVO P*NO NO P\jN»TIV€UiILL 0€- T"P><'cJ s i j P.s. S^LSfbRTs/
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      818 6 SINGAPORE 5 3.00 PM Openinj folowed by A House is Not a Home (Mandarm/r) 4.25 Tie Dye Designing with Colour A step by step demonstration of tie and dye techniques and designing processes. 4.40 Choice of Champions Olympic Crisis: An examination of the crisis faced by international sports in 1980,
      818 words
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  • Article, Illustration
    Lock icon Productivity growth begins to slow down
    1101 7  -  While modern technology has brought higher productivity to many sectors of the American economy, analysts have noted a gradual slowdown in the rate of productivity growth. KAREN ARENSON reports on this strange phenomenon which suggests a deterioration in the quality of life to come.
    NYT  -  1,101 words
  • Article
    Lock icon The case against bailouts to fight industry failures
    801 7  -  By ROBERT D HERSHEY NYT IT IS clear that the United States Chrysler Corporation, which made more money in the first three months of this year than in any previous quarter in its history, has joined Lockheed in successfully escaping a brush
    NYT  -  801 words
  • Article, Illustration
    Lock icon Reagan tastes success
    625 7  -  By DAVID NAGY Reuter WHATEVER its impact on world affairs, the Williamsburg Summit is shaping up as a solid plus for President Reagan in US politics and a gold mine of good publicity, should he decide to seek reelection. In the short-term, well before Reagan announces his
    Reuter  -  625 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      244 7 MfeMl lfeo HiapSeng gears up far the future m V >.* mm--; *1 H n n GK 8942N MPM4I a ECONOMY You don't need large vans when smaller ones can do the same job. Fuel consumption will be less and maintenance is much more economical. EXPANSION For business expansion there's
      244 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      649 7 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 First-class swimmer, but not healthy (6) 7 Modern sphere of symphonic music? (3,5) 8 Room to work in (6) 10 Scold for disturbing lumps of turf (5) 13 Cheese provided by British Rail, that is (4) 14 Something to wear in a snake pit?
      649 words
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  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      675 8 Where to wine, dine and entertain SH with the American Express Card ■mH "If you don't already have the Card, call *****33 for an application form" V I K J J5 V. v. Uin«r» Monva ia at the Luna n totKreaUK,ns. $12* P er pcr n i WOWAppeahi?® They're spontaneous,
      675 words
    • Advertisement
      Page 8 Advertisements Column 2
      216 8 Our newly extended Coffee Garden is now better than ever. Whether you have an appetite for local or continental food, youH find our staff friendly and efficient, our food appealing and delicious. Try our famous claypot specialities. Hainanese chicken rice and other dishes. K mmnu For reservations, please call *****22
      216 words
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  • RAW MATERIALS
    • Article
      RUBBER
      244 9 RUBBER prices in Singapore yesterday closed slightly lower with June One RSS buyers quoted at 223.00 cents per kilo, down one cent from Wednesday's close, dealers said. Morning prices were quietly steady on late buying after a lower opening. Afternoon prices lost some ground on some speculative selling, the
      244 words
    • Article
      RAS PRICES
      403 9 RAS prices In cents per kilo yesterday: rw (per kilo) (per kilo) Buyers Sellers Buyers Sellers lilt. 1 R.S.S. prompt f.o.b. 222.00 223 OON 221.00 222 00N Int. 1 R.S.S. June 224 00 225 00 223 00 224 00 Int. 1 R.S.S. July 228 00 229 00 227
      403 words
    • Article
      SSR and SMR
      122 9 NOON SSR and SMR pricee yeeterday HAS Jane July (Current Mth) Buyer* Seller* (Forward Mth) Buyer* Seller* SSR <1 ton pallet) 206 00 208 00N 207.00 209 OON SSR 50 <1 ton pallet) 202.00 204 OON 203 00 206 00N MRELB Jue July SMR CV (1 ton
      122 words
    • Article
      Straits Tin
      117 9 THE STRAITS TIN price In Penang yesterday fell 53 cents to Ms3t.s« a kilo compared with Tuesday's, mainly dne to the large tarnover of S2S tonnes against 181 tonnes on Tuesday. The new level Is still within the ITA "may buy" range of M 529.15 and MSStM. Dealers
      117 words
    • Article
      CLOSING PRICES
      31 9 Rubber June 2 Singapore: June: 223.00 cents (down 1.00 cent) Malaysia: June: 242.50 cents (up 1.00 cent) Tin: M«30.50 per kilo (down 53.00 cents) 626 tonnes (up 446 tonnes)
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    • Article
      WHEAT
      115 9 WHEAT futures in Chicago on Wednesday closed half a cent to 3"« US cents a bushel higher in extremely light trade on Wednesday. July traded in a 2'^-cent range. Local short-covering and spread trade involving purchases of Chicago wheat futures against sales of Kansas City wheat futures kept prices
      115 words
    • Article
      Produce exchange
      184 9 CHINESE Predoc* Eirkugr, Slnn*p*rr, mm rMi| price» per IN kg yesterday. CwMit «U: Bulk fob $117.00 sellers, old drum (in second hand drum) fob $130 00 sellers, new drum fob $134.00 sellers. («pre: Mixed (loose) $68 buyers Pepper: Muntok white pepper fob Asta NLW $355 00 sellers, Sarawak
      184 words
    • Article
      TEXTILES
      196 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) C«ttM yam: China Blue Phoenix 20s 2,510; 32s 3.215. 40s 3.330 (per bale of 400 lbs). Piece gMds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      196 words
    • Article
      RICE
      331 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.04, 100 per cent second class 0.76, 100 per cent third class 0.72, 25 per cent new crop 0.58, B-10 per cent no stock. THAI BROKEN: A-super 0 62, Special
      331 words
    • Article
      LONDON MARKETS
      666 9 COFFEE: Robusta coffee futures were between £6 and £26 a tonne above Wednesday's close in traded positions at midday. Dealers said prices traded narrowly steadier for most of the session after first trades in July were easier. Trading was mainly technical as news on fundamentals, such as Brazil's
      666 words
    • Article
      SOYBEAN
      148 9 CHICAGO soybean futures closed unchanged to 5 US cents a bushel lower In active trade on Wednesday. July traded in a 5-1/2 cent range. Lower-than-expected export inspection figures pressured nearby prices, traders said. USDA weekly crop reports showed a higher percentage of planted soybean acreage than traders expected and
      148 words
    • Article
      PALM OIL
      139 9 THE Malaysian crude palm oil market closed easier in quiet trading yesterday with buyers sidelined awaiting the outcome of Pakistan and Indian tenders, dealers said. In June, South and North fell Mslo and $5 respectively to $825 per tonne and Central lost $3.50 to $824. The refined market
      139 words
    • INTERNATIONAL STOCKS
      • Article
        SHARES CLOSE MIXED AFTER LATE RALLY
        1324 9 NEW YORK STOCK prices on Wednesday managed to close mixed on the basis of a late rally sparked by a firming trend in interest rate futures. The Dow Jones Industrial Average dropped about three points in morning trading, showed a fractional gain at midday
        1,324 words
      • Article
        Amsterdam
        195 9 JUNE 01 Fls 4»/• ABN 336 00 -9 Ahold 143.20 -o Akao 57 40 0.2 AMPV 115.00 -12 Am fas 72-20 -12 Amrobnk 5320 -1.7 Bcrfo&s R»rfc HIZ. 26 006 BoU 1740 •12 Borsucer ***** -2 Bocka 46 50 unch Burtet 4X50 unch Caland 31 00 •412 Calv 280
        195 words
      • Article
        Paris
        183 9 JUNE 01 m CORBEILLE Air-Liquid* 400 •10 B 8 N Orvais Dtnone 1770 -so C8F (Thomson Cat) 1(1 CI* Francalae des Prlrolei IK 10 Credit Foncter Dc France MO -10 Hachette (Ubralrte) ion Machines Bull 3* -0J Mlchelln (B) 710 J omnium MO unch Peufeot Philips (N> Oem 175.10
        183 words
      • Article
        TORONTO
        205 9 JUNE 01 CS Ab&Ubl 24 Aleut 41 -4k Alfoma 31H -H Bank Mont 11<> -Ifc Bank Nov* Scotia 44 unch Bell Tel »»> BP Can Lid 241 Bnucan 331 unch Camp Red Lake n* -1* Can Imp Bk 38 •IH Can Pnn Mf can par 441 unch Carllnc O
        205 words
      • Article
        Milan
        96 9 JUNE 01 Bulofl Urv 1(7 ■4 Bel ***** TOO Central* Ord 1115 •M Cund Acqua Roma 152 1 75 Erldanla TOM •0 rut Ord 2045 IS Generall *****0 1085 Olm Ifl Prlv 3100 4775 2275 unch 00 16 Ilalcetncnu Ord Italgaj Lepet.lt Ord vaoo 925 ***** -300 2 unch
        96 words
      • Article
        JO'BURG
        287 9 JUNE 01 Rand INDUSTRIALS A Alpha Abereom AE And CI Amanrop AMIC Barlows C O Smith CNA Cum* Finance De Beer* Ind Edcon Edgars FedVolk rugtt Oratemn Hiveld Ub Holds Lonrho LTA M And R Mccarthy Messina Metbos Nampak OIL Ok Bax Pep PUnpay Plate Ol Pp Cement Prem
        287 words
      • Article
        Brussels
        88 9 JUNE 01 Fn FORWARD MARKET Acec 584 -12 Arbed 1090 unch Aftnr <ao -4 Bructn 13(0 unch Cfnpfr 1795 -255 Cock 114 45 De Been 440 -12 Ebes 2300 15 Electrobel 5050 50 Ob-In no-Bm 2830 85 Oev 2100 -45 Or Bru Lamb 1970 -25 Hobok 4830 -50 Prtro
        88 words
      • Article
        Frankfurt
        88 9 JUNE 01 1 3m 4-/-Aec-Tetefunken 08J0 5J BASF 142J0 -0J Bayer BMW 132.30 323.00 -JJ Commenbank 171.00 -3.5 Conu Oummi (7 JO -22 Daimler-Bem S17J0 -82 Drfufftn Demac Deutsche Bank 313.00 -21 Dread ner Bank 174-50 -4-5 ghh 185.00 •1 Hoechst 140 JO -12 Hoetrh SO JO Horten 140-00
        88 words
      • Article
        Zurich
        191 9 JUNE 01 Francs AcUooi Suinei Alusulsse Br Aliwilt Reg. Brown Boreii Br. Clba CXltT Br Clba Ottgj P C Clba Oelfy Rm Credit Suisse Br Credit Suisse Ref Elektrowatt Br. Ocorge Fischer Br Olobm Pc Hero Br Hoffman LA Roche 1/10... Holderbank Br Interfood Br. Jelmoll Br Motor-Columbus Nettle
        191 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      160 9 AWE The Art of Eating... Indonesian" v». m JMt v *3 n BOROBUDUR 101 Thomson Road #01-52 Gofcthill Square Singapore 1130 Tel: *****80 Thai Seafood SameseSyle 4 A r h 3 Thinking of food. Think Thai: Spicy Tomyum Soup, Charcoal-Grilled Seafood, Royal Thai Seafood and our other delectable Thai Cuisine.
      160 words
    • Advertisement
      Page 9 Advertisements Column 2
      71 9 PROSPECTIVE INVESTORS WANTED TO PARTICIPATE IN USED LUBRICATING OIL (WASTE OIL) RE-REFIN-ING PLANT WITH TREMENDOUS PROFIT POTENTIALS NEAR KUALA LUMPUR PLAN AND LICENCE ARE FULLY APPROVED BY THE MINISTRY OF TRADE AND INDUSTRIES 50" OF THE PROJECT COST ALREADY INVFSTFI) COMPANY OWNED LAND AND FACTORY BUILDING COMPLETED RAW MATERIAL (WASTE
      71 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    3484 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Times Settlement Contracts are quoted after
    3,484 words
  • Article
    Unit trusts
    196 10 ■NtfHI UNIT TRUST pritM far Jut S) The Commffrc 3 39 3 OQxd The Savings Fund 2.00 2 12 S pore Prog Fund 154 163 S pore Sec Fund 2.32 2 .46 S pore Invest Fund 110 136 S pore Equity Fund 1.50 1 JO DIAMOND MGT 8TOBE
    196 words
  • Article
    SHARE INFORMATION SERVICE
    3478 10 1983 High Lou Company Last Sale orGr*. Div Div C*vr Gr*a Y*W Net P/E Vol cooo) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 286 342 266 306 410 119 272 245 268 645 520 535 1400 535 340 545 870 388 472 900 290 950 680 275
    3,478 words
  • Article
    In Kuala Lumpur
    1997 10 BID and otter price* officially listed and hwliw to and reported to the Kuala 1 Jimpur Stock Exchange ye-, terday. with the number at sham traded shown in brackets in lots at 1.000 units unless otherwise specified INDUmiAU AjMMts (3.308) AKm (3.645) (IS) 3.70 (55) 3 68
    1,997 words
  • Article
    Minor gains in shares
    855 10 THE Uetl stock market chalked ap uttter miner gala yesterday as selected bine-chip steeks rase sharply. A few Has are steeks alse saw a let af baylag laterest The ali-eectar Baslaras Times Campaattc ladex ended «.72 paints higher at 125.<1 while the Straits Times ladastrlal ladex
    855 words
  • Article
    KL stocks rise on wide front
    556 10 LED BY current market favourites Public Bank and Tan Chong Motors, share prices rose across a fairly wide front on the Kuala Lumpur market yesterday. Renewed buying support was seen mainly in quality counters, as local investors responded favourably to fresh evidence of a
    556 words
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  • COMPANY NEWS
    • Article
      Acquisitions will strengthen DEB
      572 11 DUNLOP Estates Bhd's (DEB) proposed acquisition of taalayslM Plantation* Bhd (MPB) and certain other plantation-related assets is in line with the group's overall plan to increase its planted area. In a circular to shareholders, chairman Abdul Ghafar Baba said the proposed acquisitions would strengthen DEB's position
      572 words
    • Article
      COMPANY MEETINGS
      111 11 APOLLO Enterprises Limited: Fifteenth AGM to be held at the conference hall, 18 th Floor, Apollo SingaporeHotel, 405, Havelock Road, Singapore, on June 3, at noon. LIEN Hae Industries Ber•>*d: Fourteenth AGM to be held at the conference room, Tropical Inn, 16 Floor, Johore Tower, Jalan Gereja, Johore
      111 words
    • Article
      C K Tang says earnings will rise this year
      414 11 SHAREHOLDERS of C K Tang Ltd have been assured that the company's performance this year will improve, after the 31 per cent fall in group pre-tax earnings to $2-43 million in 1962. Giving this assurance is chairman Tang Choon Keng, who,
      414 words
    • Article
      COMPANY BRIEFS
      188 11 DIRECTORS of CkemJeal Company at Malaysia BM have declared an interim dividend of 7.5 per cent gross for the year ending Sep 30, 1963, to be paid on July 15 to shareholders registered on June 30. The transfer register will be closed from June 21 to 30. THE
      188 words
    • Article
      Lock icon Call to set up index futures market in Hongkong
      313 11 Reuter HONGKONG needs a stock Index futures market to enable It to eapltallne on the growing world trend towards futures trading and create new Investment opportunities far local and foreign «peculators, broker* and analysts la Hongkong said. Kevin Wang, executive dlreetar
      Reuter  -  313 words
    • ASIAN STOCKS
      • Article
        Lacklustre trading
        444 11 HONGKONG STOCKS yesterday closed easier after a day of lacklustre, featureless trading. Investors shunned the market because of the fluctuating Hongkong currency. The Hongkong dollar traded down to a record low of 7.2850/2950 to the US dollar before it recovered to a day's high of 7.2330/2430 in the
        444 words
      • Article
        Tokyo closes easier
        454 11 PRICES closed lower yesterday on sporadic liquidation in internationally popular issues, with investors discouraged by the yen's renewed weakness against the US dollar, dealers said. The Market Average lost a provisional 31.82 to close at 8,517.88, on a volume of 290 million shares, after showing a 55.74
        454 words
      • Article
        Manila
        116 11 JUNE OS Peso* Acoje Mining Anglo Phil 0.004 unch Apex Mining B AU«s Con B 0013 -0 001 40-50 -1 Btfulo Gold 0 0028 0 0002 Bute Petroleum 0 008 0 0006 Benguet Con B CDCP 86 -i 8S unch First Phil Hides 130 -01 Lepanto B 014 0
        116 words
      • Article
        SYDNEY
        431 11 AUSTRALIAN share markets closed widely lower yesterday but off the bottom with the sharpest declines among mining stocks after further sharp falls in world gold prices, brokers said. The All-Ordinaries Index closed 4.1 points lower at 610.2, after losing 5.8 points on Wednesday. Leading resource stocks closed lower but
        431 words
      • Article
        Bangkok
        120 11 PRICES at the Securities Exchange of Thailand finished slightly easier in quiet trading yesterday. m ihinih rn» H>—■ Tr**' rl -1 ta 11 ft'* iMI<t 'J' M» fct ■n— Jmlmi art #!>• •A.| 1 mi MM* Trv« **t. m tv P i >** Ram* Tower MM -05 Satis Union
        120 words
    • Article
      Revaluation swells Guthrie's reserves
      508 11  -  By NAJEEB JARHOM GUTHRIE Bhd has carried out a revaluation of its Singapore properties, realising a surplus of $14.14 million, which has been taken up in the group's 1962 capital reserve account. The company, on the threshold of a major restructuring, has also revalued its investments
      508 words
    • Article
      Lock icon Wall Street anticipates steel industry's recovery
      435 11 NYT STEEL producers in the US, after experiencing one of the worst years in 1982, are predicting a return to profitability late this year. But on Wall Street, stocks of many companies have been performing as though the recovery has started already. Steelmakers lost
      NYT  -  435 words
    • Article
      First entry in reports competition
      147 11 THE Malaysian Institute of Management has received the first entry for its Sixth Annual Report Award which is sponsored by the Bank of America. The entry was submitted by Guinness Malaysia Bhd to Mr George Lee, chairman of the board of adjudicators for the award.
      147 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      149 11 THE BANK OF TOKYO, LTD SINGAPORE BRANCH U5530,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit Series 21 Due June 5 1986 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from June 3, 1983 to December 5, 1983 the Certificates will
      149 words
    • Advertisement
      Page 11 Advertisements Column 2
      376 11 i(lncorporated in Malaysia) Notice of Meeting NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of the Company will be held at Ist Floor. Magnum House, 111 Jalan Pudu. Kuala Lumpur on Monday, June 20. 1983 at 11 00 a m for the following purposes 1 To receive and
      376 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      167 12 Rises Indices Esso 990 M Banking 925 Tan Chong 760 G E Life 1780 Syn Renins 540 Bata 410 Duff Dev 380 OCBC 1100 M B F Hldgs 1000 Kuala Sidim 480 H Leong Fin 494 Straits Trading 625 S Finance 324 Raleigh 312 Falls Ming Court 750 Utd
      167 words
    • Article, Illustration
      KUALA LUMPUR
      170 12 Rises Indices M Banking 1020 Esso Ord 1110 Tan Chong 835 Taiping Con 880 Sel Coconut 430 DBS 1100 P Bank 1240 K Sidim 545 SheU 1000 M B F 1110 C A C Ltd 635 Perlis 570 FAN 1000 New Serendah 380 Falls Jacks Int'I 830 AMD
      170 words
  • Article
    Profits at CASH (U Benut) leap to M$1.34m
    157 12 CONSTRUCTION Supplies House Bhd (CASH), formcrly known M lln Brail Consolidated Industries, has reported a mere tku nv Mold Increase la Its pre-tax profits for the six months ended Feb 28, IMS. Group unaudited pre-tax profits shot np to MIIJ4 million from
    157 words
  • Article
    LATEST
    98 12 FIMA MetMl Box Bbd hu annoanced gronp pro-tax profits of Mf-7.41 million for the year ended March 31, IKS, compared with $<.29 mil 11 on previously. Gronp sales Improved from Sf7.15 million to llM.K million. Net alter tax aad minorities stood at $4.48 million ($S.M million). Based on the
    98 words
  • Article
    LONDON STOCKS
    858 12 EQUITIES closed lower in quiet trading yesterday as investors became cautious of further involvement ahead of the UK election on June 9, but government bonds were firmer, dealers said. At 3pm, the Financial Times index was down 7.4 points at 697.2. Equities were further depressed by switching into
    858 words
  • Article
    Selected Indices
    57 12 H.K.HANG SENG Thursday 919.34 Wednesday 923 15 Week Ago 908 45 AUSTRALIAN INDUSTRIALS Thursday 753.1 Wednesday 756.8 Week Ago 762.8 ALL ORDINARIES Thursday 610.2 Wednesday 614.3 Week Ago 619.9 FINANCIAL TIMES INDUSTRIALS Wednesday 704 6 Tuesday 712.5 Week Ago. 700 6 DOW JONES AVERAGE INDUSTRIALS Wednesday 1202 21
    57 words
  • Article
    Record earnings at Chemical Industries
    415 12  -  Companies Editor: Mano Sabnani By NAJEEB JARHOM A STRONG second half performance has enabled Chemical Industries (Far East) Ltd to chalk up record earnings for the year ended March 31. 1983. Group pre-tax profits advanced to $5.27 million, up 31.9 per cent from $4 million
    415 words
  • Article
    Singapore Fodder's profits increase 15pc
    339 12 AFTER four years of declining profits, feedmill manufacturer Singapore Fodder Co Ltd has managed to show a 15 per cent improvement in group pretax earnings to $1-39 million for the year ended Dec 31, 1962, against $1.21 million previously. In particular, margins have been improved
    339 words
  • Article
    Bankers advise Raleigh shareholders on offer
    260 12 MINORITY shareholders of Raleigh Cycles (Malaysia) Bhd should dispose of their shares in the open market where the price is higher than the general offer price of M 51.60 made by Seri Iras Sdn Bhd. However, shareholders who are attracted to the prospect of
    260 words
  • Article
    Hicom setting up subsidiary to market Malaysian car
    299 12 THE Heavy Industries Corporation of Malaysia (Hicom) is to set up a subsidiary to distribute the made-in-Malaysia cars which will come into the market in mid-1985. The partners in the joint venture Hicom, Mitsubishi Motors Corp (MMC) and Mitsubishi Corp are studying
    299 words
  • Article
    UK code to include private companies
    148 12 LONDON'S Code on Takeovers and Mergers has been amended, effective immediately, to include private companies which have had some kind of public involvement in a 10year period prior to any offer for control, the UK Council for the Securities Industry said in London. Following
    148 words
  • Article
    COMPANY BRIEFS
    211 12 MBF HOLDINGS Bhd has requested the stock exchanges of Singapore and Kuala Lumpur to suspend trading in its shares from Monday. This is to facilitate the exchange of share certificates and to maintain an orderly market in the company's shares following the decision to sub-di-vide the par value
    211 words
  • Article
    OUE rights monies for major building projects
    375 12 OVERSEAS Union Enterprise Ltd has indicated that it intends to use a substantial portion of the proceeds from its proposed one-for-four rights issue to finance two of its biggest property investments. These are the 63-storey office-cum-shopping complex at Raffles Place known as OUB
    375 words
  • Article, Illustration
    Lock icon A snippet or two...
    617 12 Taking Stock... By Hock Lock Siew YESTERDAY'S column on Keppel Shipyard Straits Steamship apparently caught investors off-guard. Many resorted to selling Straits Steamship shares when the market opened. Further selling pressure on the counter is anticipated, now that Keppel's or Haw Par's "imminent" takeover of either
    By Hock Lock Siew  -  617 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      32 12 A sign of good service /I s IF 9 use For details write to Lombard North Central PLC Banking Services Dept 510 17 Bruton Street London WIA3DH England Telephone 01 409 3434
      32 words
    • Advertisement
      Page 12 Advertisements Column 2
      295 12 I HMHHHHIH BIH Hi HHI B HI IHI H H H HH| Preparing Training Material Singapore, August 1—5,1983 The workshop aims at guiding participants into constructing and trying out their own training package. For effectiveness the number of participants is limited to 12. For whom Training managers, officers and advisers
      295 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      62 12 OUTLOOK for today: Thundery showers in several areas in the late morning and early afternoon. Report for 24 hoars prior to 7.31 pm on Jane 2 at the airport: Maximum temperature 33.4 Associated humidity 68 Minimum temperature 23.9 Associated humidity 97 Hours of sunshine 7.20 Rainfall in millimetres 15.7 Total
      62 words
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  • SHIPPING TIMES
    • Article
      Lock icon Major project to modernise Rangoon port
      252 13 Reuter BURMA will soon launch a major project to modernise Rangoon port which handles almost all the country's imports and exports, officials of the state-owned Burma Ports Corporation (BPC) said. The officials said the ambitious port improvement plan, which would help speed up cargo
      Reuter  -  252 words
    • Article
      PPC will award second Prai berth contract soon
      480 13  -  By G DURAIRAJ THE contract for the construction of the second bulk cargo berth in Prai for the Penang Port Commission is expected to be awarded soon. The port commission has completed its evaluation of the project and the successful contractor is
      480 words
    • PORTSIDES
      • Article
        Prohibited area
        191 13 THE Port of Singapore Authority has reminded the shipping community, especially master, owners, agents and operators of harbour and pleasure craft, that all vessels, except those authorise by the Port Master of the Commander, Republic of Singapore Navy, are to keep clear from the prohibited area in Selat
        191 words
      • Article
        Lock icon Kwinana reopens
        71 13 Reuter THE Australian grain terminal of Kwinana will reopen after settlement of a dispute which put it out of action this week, a maritime workers' union spokesman said. Waterfront unions have been refusing to allow departure of the Greek-registered ship Efthitis from the single ship terminal. Three vessels
        Reuter  -  71 words
      • Article
        Lock icon Worldwide ship orders
        139 13 UPI NEARLY all the ships on order worldwide are scheduled for delivery by the end of next year, underlining again the huge famine of work most shipyards will be facing in the mid *****, figures published on Wednesday from Lloyds Register of Shipping showed. The volume of
        UPI  -  139 words
    • Article
      INDEX TO ADVERTISERS
      773 13 Skl ppiag Liae PM* CM ACToejrfer VI l AIM V i AhmfeM Liner VI All trans vn 4 Alpar VI 5 Angoasv* IV a An tare Shpf X s APC Line VI 3 APL m 4/5 Arabian Bulk X S i J X 4 Argentine IV 4
      773 words
    • Article
      Singapore owners will benefit from Seatrade academy
      346 14  -  By TERESA LIM SINGAPORE'S shipowners and operators will have the benefit of more comprehensive training programmes when the Seatrade academy sets up in Hongkong by the end of next year. Speaking at a press conference to announce his company's 1984 programme, Mr Derek
      346 words
    • Article
      GL adversely affected by recession
      173 14 WEST GERMAN classification society Germanise her Lloyd (GL) has been adversely affected by the shipping recession, with fewer newbuildings classed last year except for small specialised units. At the same time there was an increase in the number of GL-classed large tankers sold for scrapping,
      173 words
    • Article
      ORIENT EXCHANGE
      1546 14 CARGO Lb moving within Asean and internationally. Bulk potash fertiliser from Jordon is being carried from Singapore in bags for regional destinations. Changes in economic policies in Indonesia and Middle East countries are creating trading opportunities. Domestic fishing fleets are more active in Indonesia, Thailand and the Philippines.
      1,546 words
    • Article
      LONDON FREIGHTS
      1796 14 INCREASED chartering interest has developed for grain movements on Wednesday from the US Gulf with rates generally holding steady but the easier trend seen for Panamax vessels from the Gulf to Japan has been further in evidence, shipbrokers said. A 58,000 tonner from the Gulf to Japan paid
      1,796 words
    • Article
      The Consortia
      199 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 (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National
      199 words
    • Article
      Bombay starts advance billing system
      237 15 THE Bombay Port Trust (BPT) has introduced an advance billing system from this month. After assessing charges to be paid for a ship calling at the port, the ship's agent will pay the amount to the port trust, 15 days before the vessel docks. The
      237 words
    • Article
      Lock icon Plans for oil tankers to carry fresh water
      369 15 Reuter OIL tankers could supply desert countries with fresh water and help shipowners to beat a world slump. The water would be too polluted for drinking after being in the tankers but could be used for irrigation or in industry, some experts
      Reuter  -  369 words
    • Article, Illustration
      Norasia boosts lumber trade
      187 15 IN THE first five months of trading this year, Norasia Line has discharged more lumber and other forest products at the Port of Bristol than in the whole of last year. The company, operating services between the Far East and Avonmouth, has unloaded some 58,000 tonnes
      187 words
    • Article
      SHIPPING LIST where your ships are due...and when ships are due...
      5685 20 SCHEDPLE 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
      5,685 words
    • Article
      Container Schedules
      841 21 CONTAINER TERMINAL Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Kl. Arrival for Ml Movrturtit Voy Date Time Operator <ar>e«i Srhctlulp P Van Buren Or Importer Level Km, tana Bhum Ming Energy cecilie Munk M»(nk Mango As Progress Than a Bhum Family Ace Tarn bang VII ZN
      841 words
    • Article
      WHO ACTS FOR WHOM...
      2045 21 The leading shipping lines operating from local ports and their agents. A B xdriaUi (on lain* r Continental Si Cargo Freight < PK i \FKA African Shipping Agencies (S) Pte Lid tlr»KirMU liif Transgrnup Pte l.ld <S> Ahreakiel liaer Service Kim Shpg (St 'llmd r Twplrr
      2,045 words
    • Article
      SHIPS IN PORT
      484 22 AT CONVENTIONAL WHARVES Vessel Berth Agent .\rm al Departure KEPPEL WHARVES Big Glory 31/2 Wallem alongside 3 6 83.1500 Bolan 18 E Maritime alongside 3.683/0300 Cams Major 3/4 Wallem alongside 3.683 1500 Nan PlngGuan 1/2 V Fung alongside 38.83/0600 Pine Valley 25/6 Sankyo alongside 36.83/2300 Rajah Brooke
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      614 13 Times Bookshops auMDa LONDON Freights n/m ORIENT Exchaage D CONSORTIA m SHIPPING Schedule vm EX WHO Acts for Whom IX CONTAINER Schedules IX SHIPS In Pert X REGIONAL Weather X UL_ I\R DIM AMAH iO®CL Orient Overseas CohLhm Line FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ I'CHEVAUER PAUL 35* In
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      440 13 OSEALORDH UASC UNITED ARAB SHIPPING CO'SAG) EXPRESS MULTI-PURPOSE SERVICES loading for Kuwait (24/6). Shuaiba (27/6). Jubail (30/6), Dammam (1/7), Doha (4/7), Dubai (6/7). Abu Dhabi (7/7) FULLY CONTAINERISED SERVICE Iraq cargo acceptable jntransit Accepting LCI cargo for Dubai, Kuwait. Bahrain. Dammam, Mina Qaboos, Doha. Abu Dhabi and Riyadh Vessel S
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      891 13 The Straits CO Times Ke,(SS DIRECTORY Agencies Of Singapore (Buku Merah) MAERSK LINE EXPORT FULL CONTAINER SERVIrt TO: U-8. PACIFIC, OULF, ATLANTIC, EAST CANADA, INLAND POINTS M. MUX) u M.RMOO M. RANDO M RANDO M. 5-5/6 S-7/6 13-13/6 14-15/6 LAURA 15-19/6 20-21/6 27-27/6 21-29/6 3-3/7 4-5/7 ."a, aEEaaasa 7/6 25/6
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      474 14 FAR EAST/EUROPE CONTAINER SERVICE To Europe From Europe Feeder •P Kelang 3/6 10/6 17/6 24/6 1/7 in 15/7 24/7 Vessel KOMBGAN MHON N DELFT SfLMCM N. DUMA B SUMA TOYAIM Spore 7/6 14/6 21/6 28/6 5/7 12/7 19/7 N HOUTmy 26/7 VCSSCI K oon SELAWU N DUMA B SJMA TOTAMA
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      367 14 Y.S. LINE yAmashita-shinnihon line CONTAINER SERVICES I USA/CANADA aonaa SMI STM 2i/6 77/1 28/ I Atlantic/Canada mmmtvs. ami nrm sav mm a/7 11/7 n/7 Also accephnf LCI Cargo «HMI V* SHORAHA MMU *13/127 TOi MT *01/321 TOHGOMMM *21/329 KATWAWA WW *21/331 tteo acctpting c*|o to Mi ft Abu Dhabi SPOB
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      662 15 The Straits Steamship Group OCL Overseas Containers Limited ICONTAINERSHIP SERVICE TO UK/CONTINENT: amim TOKYO BAT imona MT sjm ittn SaM UM Km (VKSS 13/6 17/fi 11/6 KOmOON Mr 2t/i 30/6 11/7 an or edmurgh 01/7 m/ 7 k/7 OSAKA Ml 04/7 07/7 tt/7 Also accepting LCI and FCL cargo to
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      430 15 fZB Franco Belgian Services {F'i> F <iv* Frc-ich Vrtt Cf ith Pfhjtan >iir Fusitrr. I. in**) <«r«hr o« *Cf CO*SORT'U« AganU SINGAPORE Anglo Fracch Trading CO (PTE)LTD TEL *****11 Agants MALAYSIA Shipping Agtnoi Anglo-French TradingCo.Pte.Ltd. Panang ***** AMERICAN PRESIDENT LINES, LTD WEEKLY EXPRESS CONTAINER SERVICE TO/FROM: UNITED STATES/CANADA EXPORT r
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      739 16 M 3 I TO CONTINENT UN Hapag-Lloyd lokw Eipress Osaka Bay a«uww Tokyo Bay Luerpool Bjy Irinkturt Eipress Hongkong Eipress Bremen Eipress > pore P Kelang S lon 14 6 6 ?6 6 ?8 6 18 20 7 n 1 21 1 EXPORTS I B hanen Rdam Antwerp Spore P
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      454 16 *Sui* A M S LINE CONVENTIONAL SERVICE To/From BUSAN SUNNT OCEMI V 05* (UTAH ltM/lMf FULLY CONTAINERISED TO FROM NORTH AMERICA WEST/EAST COASTS FULLY CONTAINERISED TO/FROM NORTH AMERICA WEST COAST *«u Ittdtt mul S. lEXMGTON IK N MCEI 4X K MOWS m 34C S PMKEION IK K MCfWON m N
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      598 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG FCI I ICI CARGO FOR l r FIX ROM AMU IMM (Ml"* h/jrt 22/4 M/C K/t 7 »/t U/4 »/7 11/7 U/7 U/7 14/7 w/7 u/7 nn nn nn »iso accepimg lci/eci i fct/ra 10 0510 mamH ia I ONION SOUTHARTTON MANCXSIER BRtMMGHAM
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      808 16 f Burma Five Star Shipping Corprv S gßk, "BURMESE NATIONAL LINE" LOADING FOR RANGOON S p»t F KaUn| f«an| PI DM 5/7 km PMASMRGVAimIA 1/10 km PAGAN 11/13 km HIANTAWTIIA 14/17 kai •••ftwhjriwj m*T B F SS C Agents <n Watayua BOUSTEAO SHIPPING TEL NOS Kl *****4/*****7—PKELANG *****1/8 PfNANG *****1/8
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      349 16 J MSI NOSE MARITIME PTE LTD SUN UNION LINE KARACHI SERVICE SOUTHER* CROSS I shgaporl pkqaag pomng load for 25 ta* 2$ tiM Karachi rot! KtIANG PfNANG SHOSI MARITM PTE lID I£l *****44/7 ft *****70 SJfSSLTXZSVS ,[1 3 MAlArStf TAAOf t TRANSPORT ITD let t7t93 t ivn WJ IUU F*d
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      616 17 PIL GROUP VESSELS KOTA JAVA KOTA MEWAH KOTA WISATA KOTA WANGI KOTA JASA AGE SINGAPORE LOADING FOR: 4/6 JUNE HOOEIOAH, JEDOAH, AOABA. ADEN. KISMAVU 1 15/17 JUNE DJIBOUTI, NODE IO AH, PT. SUDAN. MOMBASA 7 2S/30 JUNE HOOEIDAH, JEDOAH, ADEN, AOABA. PTSUDAN 30/2 JULY HOOEIDAH. JEDOAH. AOABA. PTSUOAN. MOGADISCIO, MOMBASA
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      480 17 D IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT WEST BOUND FAR EAST/IRAQ SERVICE S pore P. Ketang Loading for: M.V. ALRAZI In Port Bomb ay/Aqaba/Bayah/ Bafhdad/Madras/Codm M.V. ALNASITTI 12 Jute -doM.V. ALRAZI In Port Yokohama/Osaka/Kobe M.V ALWASITTI 12 June Yokohama/Osaka/Kob« THROUGH B/Ls to BAGHDAD I BASRAH UPON REQUEST ALSO
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      616 17 BEN LINE CONTAINERS BEN ASIA CONTAINER SERVICE BENBULK BULK SERVICE FOR TIMBER AND PLYWOOD Reiang S pore P KHang Loads* Far: CELTIC VENTURE 5/7 lun 11/14 Jut 15/18 lun SHE. LPOOI ROM 8863 KkJJEBSEN LINE K. NEW ZEALAND SOUIH (AST ASIA SANORA NISCH V 2 IK A S V 3
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      731 17 £3 P.T. DJAKARTA LLOYD Indonesian National Shipping Line TO USA EAST, WEST COAST N GULF PORTS (FULLY CONTAINERISED VESSELS) STOW IA HOUSTON SAVANNAH KN YORK BAllMOtt lAYAKARIA «OT 706 3/7 2S/7 7/1 U/l 14/1 17/1 Ah# jcctplmt carf® tor Montrnl Gj<»fslo r N Orteam Charleston Worto> P*»ladelpl»,i TO TAIWAN AND
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      710 17 BOUSTEAD SHIPPING AGENCIES SANK UNE EXPRESS INDEPENDENT SERVICE TO UK/COWT SPORE IR'DAM HULL HMBG [ac ,n June lune 1 Jul ■'"'y MEADOWBANK 26 June 25 July 28 July 31 July IVYBANK 23 Aug 19 Sep 21 Sep 25 Sep Ly kes fc Lines U.S. GULF DIRECT SERVICE From Nola I
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      1464 18 I Kline KAWASAKI KISEN KAISHA, LTD. NEW YORK/E. CANADA EEEDER VESSEL S PORI MOTHER VESSEL TOKYO N YORK S VNAH SI lOMN h PIONKRV.'L In Pt VAMIIMA MARU V 4. 1 ?4 Inn 23 lul ?l lot ?*> lul ASM SIM VI? 10 tun i lUHBEI MARU V7l 4 lul
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      816 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE loailng tor lOS ANGEIES SAN FRANCISCO SEITTU TACOMA VANCOUVER BC Acceptmg Fa, FCI Contaawrs fISMVI fun *."J? SwtJpwf I Angeles •OHM law 11/11 IM M, AUSTRALIA EXPRESS CONTAINER SERVICE Accepfang fa/fa Cantamers P ,n C Spore Heft S,dn Aho accepts >•«*< I? h
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      555 18 KORINS MARITIME SERVICES K 114 Aneon Road, #18-01, Tuna* Building, Singapore 0207. Tal: *****22 A *****67 P.Kalang: Tal: *****1/8. RED SEA/PERSIAN GUIF/MEOITERRANEAN SERVICES ASIA MERCHANT MARINE i SEMI-CONTAINER SERVICE USA SERVICE PACIFIC/GULF/ATLANTIC PORTS S pore Indonesia Philippines Loading tor KICHRENAN Inport 3 June Los Anjetes Houston Nota Camden Nortofc HUNGTZE
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      712 18 INTRASEA (PTE) LTD. 10. Anson Rood, r 27 16 Internotionol Hlozo, Singapore 0207 Tel *****11 (10 Lines WQtm&SE&'iLSwm BREAKBULK SERVICE TO EUROPE/UK S pare P. KeUnf Loading tor ANANGEL WISDOM *****05 4 June RDAM/UK (AVON) 'ASIAN FOREST *****07 19 June 15 tune BOULOGNE/ANTWERP/ R OAM UK (AVON) «SSEL LOADING AT
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      309 19 NEPTUNE ORIENT LINES FAR EAST/EUROPE FULLY CONTAINERISED SERVICE a TO EUROPE/UK (VIA SUEZ): m<mM> (I t»a ACE Ca*l*l.gm Also accepting cargo to/from Scandinavia C CONTAINER S pore Closing Times: FCL Cargo 1400 10/6 LCL Cargo 0200 10/6 FROM EUROPE (VIA SUEZ) STRAITS/AUSTRALIA RO-RO CONTAINER SERVICE Ot thf *0-0 Comort'i TO
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      513 19 HEUNG-A SHIPPING Korean Flag Vessels DONAM SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK. KEELUNG. BUSAN. INCHON SEMI-CONTAINERISED DIRECT SERVICE TO CHITTAGONG, CHALNA, CALCUTTA Icud Ghry Duct 30M V" Kctani Pnvanf CMtafonf Ctutu Calcutta 75 4 30 4 5/7 10 75// a; »«NIS «pn* AQNCfS PTE lID Tc4 *****11 *****W »r*G(NTS TUNAS SITU
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      1241 19 ifc SINSOV I SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KEIANG PENANG M S SHARK*! WAH SOON SOU BHD iST AND ?ND FLOOR MESSRS HAI THONG
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      88 19 v SOON KIAT SHIPPING PTE LTD 3 S<»nton Way -?0 Ob #?0 06 S»wnton Hous* Singapore 0106 J« ."70S088 '*< l«w" l#t». S»sh» REGULAR SERVICES TO EAST MALAYSIA Equipped with *?0 loos **?S tons ***40 lons Oe"<> EJCF»F*ESt* 1 Tel: *****J5 (5 IJnes). DIVISION OF THE TNT WOKI DWIW GROUP
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      445 20 Regional Container Lines trnrm l] 2 Sailings Weekly Reliable Regular Punctual Berthing PS A 1500Hrs Tuesday Saturday SINGAPORE ISLANDS LINE EAST MALAYSIA REGULAR LINER Spore Kuchinf •RBUAN JAVA ¥1 25 km 27 Jun Acceptrt General Carjo (Breakbuft or PaAetised) Containers Heavyfift upto max. 140 tons DSR-LlNEs^£^ EXPRESS SEMI-CONTAINER SERVICE For
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      178 21 fin) FREIGHT MANAGEMENT PTE LTD lOAnsooßood. #35-15 Internotionol Plaza. Singapore 0207 Tel *****U <12 Lm»i) Tele* RS ***** FRTMAN (/I. S ?0/t. 74/6. 4/7. 1/7. .1/ 1 "K**** M S/6. 7/611/6. 14/6, U/6 71/6. I fSSL ,S .^lSr*" 1 inoii 22/6. 2/7 S 22/6 21/6 2/1 9/6. IS/6. 21/6 i
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      423 21 Nedlloyd Lines MEXICO/CENTRAL/EAST COAST SOUTH AMERICA N Nagasaki N. Nagoya N. Nassau N Napier MANZ S.JOSE AC A J C'BAL B'TOWN* P. OF SPAIN 16/7 23/7 26/7 1/8 7/8 9/8 16/8 26 8 1/9 7/9 9/9 16/9 26/9 2/10 8/10 9/10 16/10 23/10 26/10 2/11 8/11 9/11 26/10 2/11 Also
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      586 22 HEAP SENG TRADING SHIPPING PTE. LTD. 13-01, 13th floor. Golden Mile Tower, Beach Rood, Singapore 0719 Tel *****44 TU R*****2 HEAPCO SINGAPORE TO WEST MALAYSIA SERVICE Voy ETA ETD Destination Acceptni Reefer containers West Malaysia Agent Nedlloyd EAC Aganciaa (M) Sdn Bhd. Penang:Tel *****6 P. Kalang: Tal. *****1/7 BINTULU I
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      1121 22 Rohler BOHLER SHIPPING PTE. LTD. Mj 137 Mirtit St. #11-02. Ink it E»st Am l«| llfipin 0104 Til: *****44 |3 Hms| Tatai RS ***** IOSNIP. SANKI SHIPPING CO., LTD M.V GRAM) WRSE EH ETA ETA CMTTAGONG COL OMO KARACHI 27/8 2/7 MOTS STOH OCCAM HTERNATWNAL MARK count. FTC LTD Td:
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  • Page 22 Miscellaneous
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      180 22 11 Regional Weather ftstf) 9! a V' N i s i 5 j csf <* Ei a 3 K S Si 1 s > a S8 I ■a? i 9* S EE s> IS£P2 C yA Win* Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30
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