The Business Times, 14 June 1983

Microfilm: NL14069
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 67/1/83 TUESDAY, JUNE 14, IKS 60 CENTS
    11 words
  • Article
    Leadership change at MAS expected early next month
    465 1  -  By SOH TIANG KENG THE change of leadership at the Monetary Authority of Singapore is expected to take place early next month with retiring managing director Yong Pung How passing the torch to Dr Richard Hu. Dr Hu, 55, who retires as
    465 words
  • Article
    Lock icon Formal move to start tin producers body
    149 1 AFP MALAYSIA, Indonesia and Thailand will sign an agreement in Bangkok this Friday establishing the Association of Tin Producing Countries (ATPC). The three Asean countries account for about 66 per cent of the world's tin output. An official source said Malaysian Primary Industries
    AFP  -  149 words
  • Article
    New SI A fleet likely to cause redundancies
    537 1  -  By WANG LOOK KEAH SINGAPORE Airlines' decision to operate a fleet of new generation aircraft will make a number of flight engineers redundant and disrupt its newly-formed training school. The airline has ordered six Airbus A3los and four Boeing 757s to replace
    537 words
  • Article
    Western nations urged to expand economies
    500 1 THE BANK for International Settlements has urged the US, West Germany, Britain and Japan to lead the world out of recession by expanding their economies. The bank said yesterday in its annual report that these major industrialised countries were now in a position to
    500 words
  • Article
    Lock icon The outlook for satellite-to-home TV broadcasts
    321 1 AP WITH billions of dollars at stake in the US, Western nations have convened a six-week conference in Geneva to determine the future of satellite-to-home television broadcasting. In direct broadcast, satellites are used to beam a signal to earth intense enough to allow reception
    AP  -  321 words
  • BRIEFLY...
    • Article
      Lock icon Investment ruling
      72 1 Reuter MALAYSIAN investors in Australia's Northern Territory will soon have to allow Australians 50 to 60 per cent stakes in joint ventures under the country's new foreign investment policy, the territory's chief minister said. Paul Everingham, who was in Malaysia and Brunei for nearly two weeks at the
      Reuter  -  72 words
    • Article
      Lock icon The other victory
      46 1 Reuter THE advertising agency that promoted the successful re-election campaign of Britain's Conservative Party has reported doubled profits. Saatchi and Saatchi, one of the highfliers in public relations, said profits rose to £4.83 million in the six months to the end of March.
      Reuter  -  46 words
    • Article
      Lock icon Chinese are back
      52 1 Reuter CHINA has re-entered the Malaysian rubber market for the first time in two weeks, buying about 1,000 tonnes of rubber, dealers said. The rubber, for June shipment, comprised RSS Twos at 243 cents per kilo, RSS Threes at 239 cents and SMR 20s from 222 to
      Reuter  -  52 words
    • Article
      Lock icon Debt revision
      49 1 Reuter POLAND is proposing a major revision of its debt to Western banks involving a rescheduling of debt repayments over 20 years. Deputy Prime Minister Janusz Obdowski said the proposal was put to Western bankers who met Polish officials in Vienna yesterday to discuss the matter. Reuter
      Reuter  -  49 words
    • Article
      Lock icon Software rights
      68 1 Reuter JAPAN'S Ministry of International Trade and Industry plans to establish measures to protect the rights of computer software developers. However, a ministry spokesman declined to comment on a report in the Asahi Shim bun that it is expected to submit a Bill to the Diet which would
      Reuter  -  68 words
    • Article
      Lock icon Sino-US trade falls
      55 1 Reuter TRADE between China and the United States fell 21 per cent to US$l.5 billion in the first four months of this year from $1.9 billion in January-April 1982. The US Embassy in Beijing said the US surplus shrank to $110.9 million against $482.4 million in the
      Reuter  -  55 words
    • Article
      Lock icon Dow Jones up
      58 1 AP THE New York stock market ran up a broad gain yesterday morning, responding to better-than-expected news on the US money supply. The Dow Jones Average of 30 Industrials climbed 10.22 points to 1,206.33 in the first half hour. Gainers took a five to two lead over
      AP  -  58 words
    • Article
      Lock icon Rate cut
      52 1 Reuter THE Bank of England has cut its money market dealing rate on bills of maturities of up to 63 days by V* percentage point. The move was seen by dealers as the first step toward a possible cut in clearing bank base rates, currently standing at 10
      Reuter  -  52 words
    • Article
      Lock icon Refiners turned down
      65 1 Reuter THE Abu Dhabi National Oil Company has turned down requests from five Japanese refiners to have part of an already agyed price cut for its crude back-dated to February 1. Oil traders said the rejection came at recent negotiations the refiners held with the company which
      Reuter  -  65 words
  • Article
    Lock icon Japan's new trade minister calls for trade boost
    290 1 Reuter JAPAN'S mw Minister far litemfltaal Trade aid ladutry, I—he [Im, ba ■U that his eaaatry should laercMe Its Imparts to etae trade frictton. Mr Um, wkt to*k aver Us paat aa Friday, said la aa interview with Kyada Neva Ageacy that
    Reuter  -  290 words
  • Article
    Need to focus on security of reinsurance placements
    498 1  -  By LEE YOKE MENG INSURERS and reinsurers must be "extra cautious" and insist on security and continuity rather than on cheap rates for their reinsurance placements, said the Insurance Commissioner of Singapore. Mr Law Song Keng, speaking at the opening of a
    498 words
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      Page 1 Advertisements Column 1
      235 1 Published and Distributed by FEDERAL PUBLICATIONS Jurong Port Road, Singapore 2261 A mem bar of The Time* Organisation SHIPPING TIMES cones is a separate section tofcy. Make sere you get your copy. CENTRAL bank governors have not ruled out the possibility of having to make further emergency loans to heavily-indebted
      235 words
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      Page 1 Advertisements Column 2
      43 1 has an ANSER for better putting... ANSER 2 4 THE New ANSER 4 THE N«w ANSER 3 Available at selected Departmental Stores Golf and Pro shops Sole Agent: The Sport* People Office: 10, Collyer Quay. #24 01. Ocean Building. Singapore 0104 Tel: *****24.*****44
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      3 1 See page I
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      80 1 OLYMPUS' Pearioorder XR the world's most versatile microcassette pocket recorder [pap] system lOikl The Schiphol experience What's that a FIyKLM through Amsterdam and discover mmtrim m w r What travellers appreciate most about Schiphol Airport is the combination of smooth transfers, moving walkways, helpful groundstaff and a duty-free shopping area
      80 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Argentina makes progress in talks with banks
      305 2 Reuter ARGENTINA is making sound progress in negotiations to sign a US$l.5 billion medium-term loan with its international bank creditors, and a number of obstacles have been removed, central bank president Julio Gonzalez del Solar said. Mr Gonzalez del Solar said yesterday in
      Reuter  -  305 words
    • Article
      Lock icon MEXICO WILL REPAY LOAN ON SCHEDULE
      239 2 Reuter MEXICO will complete repayment of a US$l.B5 billion bridging loan extended by central banks when it falls due in the second half of August, Mexican central bank director Miguel Mancera said. Mr Mancera said at the weekend that Mexico is confident of meeting
      Reuter  -  239 words
    • Article
      Lock icon BIS gave credits to avert crisis
      402 2 Reuter CENTRAL bank governors do not exclude having to make further emergency credits to heavily-indebted countries, a senior banker said yesterday. The president of the Bank for International Settlements (BIS), Fritz Leutwiler, told the annual BIS general meeting that central bank governors hoped no
      Reuter  -  402 words
    • Article
      Lock icon US markets may rise but face pressure
      428 2 Reuter US MARKETS may continue last Friday's advance early this week, but then come under pressure from expected news of further economic improvement, heavy nearterm Treasury financing and an M-l money supply rise of several billion dollars, economists said. Economists said despite Friday's
      Reuter  -  428 words
    • Article
      Lock icon US rates may fall by 150 basis points
      313 2 Reuter US INTEREST rates could decline by as much as 150 basis points in the rest of the year, said Roy E Moor, senior vice-president at First National Bank of Chicago. But rates will return to present levels next year as private
      Reuter  -  313 words
    • Article
      Lock icon Good prospects for Malaysian leasing industry
      332 2 Bernama THE EQUIPMENT leasing industry in Malaysia continues to enjoy growth prospects with leased equipment on a purchase cost basis expected to reach Msl billion mark this year despite recession, according to the Equipment Leasing Association of Malaysia (Elam). The association's president, Tunku Naquiyuddin
      Bernama  -  332 words
    • Article
      Lock icon Fed proposal on capital adequacy
      385 2 Reuter THE FEDERAL Reserve Board is expected to propose today that biggest US banks be required to maintain its primary capital at 5 per cent or more of its total assets. The proposal would come against a backdrop of increasing concern within Congress about the
      Reuter  -  385 words
    • MONEY AND EXCHANGES
      • Article
        PLR
        22 2 THE average rate at which major Singapore banks are currently prepared to lead to their best customers is 8.08 per cent.
        22 words
      • Article
        ASIAN $ RATES
        185 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on June 13: Closing Asian dollar certificates of deposit for prime names on June 13: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DoUan(Saot) Off.r BU 9* 9 97/16 95/16 9** 9% 8H
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      • Article
        Discount
        48 2 RANGE of prion offered by discount houses on June 13: Overnight: 3 CaJl deposits 2 3 CI—i«| Btyiu SelliM 3- month Treasury bills 2 0/16 2 7/16 3-month Bank bills 7 13/18 711/16 3 months CD 7<* 7 0 months CD 7M 7* Source: National Discount Co
        48 words
      • Article
        Tokyo
        171 2 THE dollar yesterday closed slightly lower at 241.65 yen after recovering from a day's low of 240.80 yen, caused by the smaller than expected US M-l money supply increase announced last Friday. After opening at 241.50 yen, compared with 241.80/ 242.00 in New York and the 242.78 close in
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      • Article
        London
        62 2 Opening quotes yesterday: US 1.5713 23 Can 1.9380 406 Cross 1.2338 41 D Mk 3.9910 50 D F1 4.4760 800 S FY 3.3260 95 B FY con 79.80 93 F FY 12.0140 0300 Ut 2367.90 2370.20 Yen 379.40 95 D Kr 14.2480 615 NKr- 11.3600 720 S Kr 11
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      • Article
        Singapore market
        518 2 THE US dollar closed stronger against major currencies on the local foreign exchange market yesterday. Against the local currency, the US dollar opened at 552.1160/80 and came down in the morning to $2.1135/ 45. Trading was relatively quiet but the rate bounced back later due to commercial demand
        518 words
      • Article
        GOLD
        210 2 GOLD FUTURES in Singapore yesterday closed generally firmer in quiet trading reflecting the metal's rise at the opening of the European markets. Total sales for the day was recorded at 76 lots while kerb volume at 415 lots. Prompt closed higher at U*****.00 413.50 an ounce against 407/406 in
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      • Article
        Silver quotes
        36 2 FH Than New York 11.44B 11 65B 11 .SIS 11.72S Zurich 11.COB 11.328 11.70S 1142S Mm m Singapore 11.SOB U.65B 11.90S U.75S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
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    • Article
      Loan for Borneo Housing
      130 2 LLOYDS International Merchant Bank (SEA) has arranged an offshore Ms2s million syndicated loan facility for Borneo Housing Mortgage Finance Bhd. In a press statement Lloyds said the loan agreement to be signed on Friday includes an "optional evergreen facility" based on a primary grace period of
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      83 2 TAN CHONG TOWER Ideal accommodation for your consultants on project work. 28 units of service apartments Available for minimum one month's lease Convenient in-house apartment cleaning services Strategic location within CBD Completely furnished right down to kitchenware and linen ii '4 i For details, call Leasing Executive Tan Chong Realty
      83 words
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      Page 2 Advertisements Column 2
      178 2 Command The future of communications from EB I' K.t-1 H 810 COMMANhKt v ;i 11 p*' i-f i» f B H1 •> t 'OMM ANDKfr K t« "il 'if-. tll\ I- i" mui >1 l T. I. ;>>>,.••. t I|t [Mil Ifl »l>t K". JIM I'(I I'll' i t' r
      178 words
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  • TRADE AND INDUSTRY
    • Article
      University urged to focus on training in R&D work
      258 3 A KEY ROLE of a university in the 1980s is to train and prepare young men and women in industrial research and development (RAD) work to meet the demand for such highly specialised personnel. "So barring a major world depression or
      258 words
    • Article
      Japan buying more activated carbon from Singapore
      634 3  -  By LEE YOKE MENG EXPORTS to Japan of activated carbon have been increasing over the past few years. The carbon, used in water purification, photographic chemicals, dye intermediates, metal platings, sugar refining and cigarette filters, has not become a major Singapore export yet,
      634 words
    • Article
      Computer that can 'hear'
      318 3  -  By LEE HAN SHIH TEXAS Instruments is introducing a new desktop computer that can recognise and obey its owner's voice. The computer can even talk back to the owner. The Texas Instruments Professional Computer can be "trained" to recognise up to 36 words at a time.
      318 words
    • Article
      KL bureau for software house
      272 3 ASIAN Computer Services Pte Ltd, a Singapore-based software and services company, plans to open a computer bureau in Malaysia this October. The bureau, using an IBM 4300 computer system, will offer batch and on-line services to commercial. Industrial and government organisations in the Kuala Lumpur/Petaling
      272 words
    • Article
      Positive feedback on factory doctors' course
      543 3  -  By TSANG SAU YIN THE National Productivity Board has received allround positive feedback from the first batch of students taking the designated factory doctors' course. A mid-course evaluation carried out on May 14 this year found that: The course met the expectations of an
      543 words
    • Article
      Matthew Hall contract
      108 3 MATTHEW Hall Engineering (S-E Asia) Pte Ltd has completed a contract (or Sabah Shell Petroleum Co and Sarawak Shell Bbd covering the engineering and detailed design of the offshore drilling platform jacket and production platform facilities for the Bayan field development. The contract, worth between $2 million
      108 words
  • Page 3 Advertisements
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      225 3 JAGUAR TAMER The best man to keep your high performance car running beautifully is the man who has worked with fine machinery all his life. Zanis of Autohouse Service Centre spent 2 years on the South East Asian racing circuit working with Formula, saloon and rally cars. He has also
      225 words
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      Page 3 Advertisements Column 2
      308 3 The most extrAu&uwy car of the year. 4 Car of the. Year 1983 J International jury: motoring journalists Organised by "Car of the Year" jury committee 4 World Car of the Year J International jury: motoring journalists Organised by Motor Magazine, Tokyo 4 The Golden Steering Wheel 5 International jury:
      308 words
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      0 3 !&{~){'<$@<$$&~+&">({(-@%@",:~,
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  • OVERSEAS
    • Article
      Lock icon America in talks with Moscow on Lebanese issue
      371 4 AP Reuter US SPECIAL envoy Morris Draper said the United States and the Soviet Union have had serious discussions on the Lebanon situation and expressed optimism that there would be further talks. Drapfc, together with special enlby Philip Habib, is trying to
      AP; Reuter  -  371 words
    • Article
      Lock icon Pakistani minister defends arms spending
      189 4 Reuter PAKISTANI Finance Minister Ghulam Ishaq Khan said increased defence spending in the country's budget was needed to cope with changes in the area since the Soviet intervention in neighbouring Afghanistan. Ishaq Khan said there had been a qualitative change around Pakistan's borders since the
      Reuter  -  189 words
    • Article
      Lock icon Japanese utilities plan to cut oil consumption
      492 4 Reuter JAPAN plans to reduce its dependency on oil for generating electricity by switching to alternative fuels in the capital spending of major utilities over the next 10 years. The nine major utilities in Japan, which distribute about 85 per cent of the
      Reuter  -  492 words
    • Article
      Lock icon Six Persian Gulf states set up deployment force
      621 4 Reuter THE six-nation Gulf Cooperation Council is setting up a rapid deployment force, highlighting concern over the long-term security of the oil-rich region. Saudi Arabia, Kuwait, the United Arab Emirates, Oman, Qatar and Bahrain formed the council two years ago, motivated partly
      Reuter  -  621 words
    • Article
      Lock icon Socal chief predicts stable Opec prices
      305 4 Reuter OPEC'S US$29 a barrel reference price will probably remain intact and the group is unlikely to alter its production sharing agreement at its meeting next month. This was stated by Standard Oil Company of Calif ornia (Socal) chairman George Keller. He told a
      Reuter  -  305 words
    • Article
      Unique therapy gives hope for damaged brains
      461 4 THE fascination that glues an arcade addict to a PacMan machine for hours has been tapped in a unique therapy that uses video games to help brain-dam-aged patients regain lost mental functions. US doctors hope the treatment will eventually help many of the
      461 words
    • Article
      French Socialists losing ground, shows poll
      200 4 FRANCE'S Socialist government is losing the support of the very groups whose votes were crucial to its election victory in the spring erf 1981. a poll published in Sunday's daily Le Monde showed. In April and May, the Sofres polling firm questioned 3,000 people
      200 words
    • Article
      Lock icon Tokyo expected to invest more in M'sia
      479 4 Bernama MALAYSIAN Trade and Industry Minister Tengku Ahmad Rithauddeen returned to Kuala Lumpur during the weekend from an investment promotion mission to Japan with expectations of further Japanese investments in Malaysia in the next 18 months. He said a number of leading Japanese
      Bernama  -  479 words
    • Article
      Lock icon NZ foreign minister in Europe for dairy talks
      226 4 AFP NEW ZEALAND'S latest campaign to retain the right to sell 87,000 tonnes of butter inside the Common Market from next year has begun, with the visit of Foreign Minister Warren Cooper to European capitals for a fortnight of lobbying. His talks
      AFP  -  226 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      765 4 ARRIVALS Service Local Operator Number Tine From PAA PA5 0015 JFTC/SFOHKG MAS MH601 0820 KUL MAS MH671 0905 KUL MAS MH811 0910 PEN SIA SQ103 0945 KUL CV CV796 0945 LUX/AUH RBA BI421 1000 BWN MAS MH603 1020 KUL CPA CX710 1035 HLP GIA GA960 1100 HLP
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    • Article
      Lock icon What appointment of Lawson may mean
      436 5 Reuter THE appointment of Nigel Lawson as Chancellor of the Exchequer, succeeding Sir Geoffrey Howe, will probably heighten uncertainty in financial markets about the near-term outlook for UK interest rates, private economists said in London. Last Friday, the markets appeared to have decided that
      Reuter  -  436 words
    • Article
      Lock icon Labour leadership struggle
      314 5 Reuter A STRUGGLE for the leadership of Britain's opposition Labour Party was building up yesterday after a union chief said party leader Michael Foot was quitting. Mr Foot's departure had been expected since Labour's crushing election defeat by the ruling Conservatives last week but on Sunday, a
      Reuter  -  314 words
    • WORLD IN BRIEF
      • Article
        Lock icon FRANCE TO FIRE ROCKET
        406 5 Agencies AN ARIANE rocket carrying two communications satellites and European hopes of rivalling the US in space will be fired from France's space centre at Kourou in French Guiana this week. Ariane 1-6, a three-stage rocket weighing 210 tonnes and standing 47.4 metres high on its
        Agencies  -  406 words
    • Article
      Lock icon Business of retailers better than expected
      548 5 NYT RETAIL sales in the US, which normally begin their summer dip now, are running at the fast pace that has already produced the strongest three-month period in at least two years. Last month, retail sales other than cars averaged more than 10 per
      NYT  -  548 words
    • Article
      Lock icon Eagle stock taken off over-the-counter list
      239 5 NYT EAGLE Computer Inc's newly offered stock will be deleted from the over-the-counter listing, the New York Stock Exchange said last Friday. The stock was sold in a public offering only hours before Eagle's young president was killed last Wednesday in an car crash
      NYT  -  239 words
    • Article
      Lock icon National debt closer to US$7 trillion
      223 5 UPI THE actual US national debt is closer to USJ7 trillion than to the $1.4 trillion ceiling recently approved by Congress. The higher figure includes "off-budget" federal obligations such as farm, housing and corporate loan guarantees, said a congressional study by joint economic committee
      UPI  -  223 words
    • Article
      Lock icon Soviet Union may name a president
      268 5 AP THE Up Soviet leadership, Its nuilu thinned by deaths and Its two most powerful figures thought to be seriously 111, will meet this week aad probably name a president, filling a post left vacant since Brezhnev died seven months ago. When Andropov moved
      AP  -  268 words
    • Article
      Lock icon US developing nuclear power systems in space
      688 5 AP IN SPITE OF worries over nuclear safety, the US is pressing ahead with an ambitious programme to develop spa re borne atomic reactors that could play a key role in America's future military strategy. When a nuclear-fuelled Soviet spy satellite tumbled to
      AP  -  688 words
    • Article
      Lock icon America to modernise nuclear forces in Europe
      350 5 AP THE US is going ahead with plans to modernise intermediate-range nuclear forces in Europe to counter the Soviet deployment of nuclear warheads, US Secretary of State George Shultz said. "But we are also willing to eliminate this entire category of nuclear weapons
      AP  -  350 words
  • Page 4 Advertisements
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      149 4 MALAYSIA BORNEO FINANCE CORPORATION (N) RERHAD (Licensed Finance Company) The Board of Directors is pleased to announce the unaudited results of the Company fa the first six-month period ending 31st March, 1983 as follows: >. a r r :;c V s •C' X ■v; v:-" W '-v:; ft y.:.: WSS'
      149 words
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      26 4 Pan Am's 7475P Daily At 7.20amT0 Hong Kong. I( I'hrs I lij'Ju'f, So V>u llv Sunn>t hrr 0 J I'an C ant Ikat Ihr I xpcriciKV.
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  • Page 5 Advertisements
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      97 5 Toulouse-Lautrec Comes To Tanglin \v: This supreme painter-poet of Parisian nightlife in the naughty 1890's captured a zest for life which we would like to share with you. Good food prepared by Chef Grasset, wine, live jazz from 9.30 pm by Cha Cha Hogan, Jeramzee and others. At Bistro Toulouse-Lautrec,
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      Page 5 Advertisements Column 2
      170 5 American Hospital Care in Singapore f t Singapore now has an American hospital with the latest medical equipment. You'll find staff trained to US standards with top facilities for your health and comfort at competitive costs. 24-hour emergency department with ambulance service and dental care Hospital designed by Americans and
      170 words
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  • Article
    Healthy and productive
    506 6 IT IS NOT always a healthy sign when four out of five doctors want to be factory-designated doctors. The enthusiasm for factory jobs can indicate a deep concern for workers' health or keen interest in practising industrial medicine. Being put in charge of several hundred factory workers'
    506 words
  • Article, Illustration
    Lock icon Changing stance of Opec
    895 6 CARTEL'S DESPERATE BID TO AVOID COLLAPSE Oil-importing countries, once subject to the whims and fancies of Opec, have discovered that by reducing their need for oil, they have forced the oil cartel to change its attitude towards its customers. ROBERT BURNS reports on Opec's new-found diplomacy.
    AP  -  895 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      205 6 Mercedes-Benz A state of mind It was in the early 1900's when the threepointed star encircled by a ring was first proudly displayed on the bonnets of Mercedes-Benz cars. Since that time, the symbol has become synonymous with prestige and success. It stands for excellence in engineering and craftsmanship. It
      205 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      80 6 Graves, Inc. WELL,:COUGH: I Fia A Lime BETTER TDPW. MR OWES. SNIFF rr-,-—i I »sfi& I SWEAR I WAS SNIFF; imY SICK YESTERPAY... HONESTLY... By Pat Brady I HOPE SNIFF MY ABSENCE PIPNT CWJSE ANY PROBLEMS. SIR COU6H: HOW SHOW.P I KNOW I WENT SKIING YESTERPWm mm Ga nm Dpimri!
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      662 6 TWO-IN-OHE CBOSSWORD CRYPTIC PUZZLE ACROSS 3 One way to float (5) 8 Female from no Eastern sultanate (5) 10 Depend on getting a softhearted answer (5) 11 Instant colour (3) 12 Don't start out to get established! (3,2) 13 Canine index? (7) 15 On Edward, Dorothy lavished affection (5) 18
      662 words
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  • Article
    Lock icon Portfolio managers flex their muscles
    1327 7  -  By ANISE WALLACE -NYT FOR Citibank, it was an awkward situation. The bank's US$2O billion trust department, which held one million shares of Superior Oil for its clients, wanted to vote them against Superior's management in a proxy battle. The hitch was that the oil
    -NYT  -  1,327 words
  • Article
    Lock icon Unions pose challenge to management policy
    354 7 NYT PROFESSIONAL money managers are not the only ones using their new-found power in proxy battles. Union groups, which have an estimated US$l5 billion to $18 billion in pension assets, are also challenging corporate management. While they have not been notably successful in the
    NYT  -  354 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      66 7 1 mm* m f. HUi r r j yy S. Bcnz 2HOS X-" x V v 15+4. Tel: 3-*-»9616. Parklane Sales Centre, #01-06, 35, Sdegie Road, Parklane Shopping Mall, Singapore 0718. Tel: 33^541 Trading Co. Ltd., Bandar Seri Begawan Sales Centre. 91, Jalan Gadong, P O. Box 127+ Brunei Tel:
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      755 7 '&IRWDTO SINGAPORE 5 3.00 PM Operant followed by Enigma (Mandarin/r) 4.30 Afternoon Matinee The Mating Season: Lucie Arnaz stars as Sydney West, a successful attorney, and Laurence Luckinbill as Harry McClam, a launderette owner. The two meet at a birdwatchmg retreat and true love takes over. 5.55 Earth An Interplanetary
      755 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      755 8 Where to wine, dine and entertain SHi with the American Express Card If you don't already have the Card, call *****33 for an application form" n Just the right touch of magic to turn your night into Gold. Music by Bacchus Internationa! of London IVv re (>pen SUN THI'K p
      755 words
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      Page 8 Advertisements Column 2
      231 8 W* GOFFEE GARDEN.' 1 we serve j?on poasd Ibe clock n U 'I ft ■V Our newly extended Coffee Garden is now better than ever. Whether you have an appetite for local or continental food, you 11 find our staff friendly and efficient, our food appealing and delicious. Try our
      231 words
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  • RAW MATERIALS
    • Article
      LONDON MARKETS
      903 9 COFFEE: Robusta coffee futures yesterday were £25 to £9 a tonne below Friday's cloae in traded positions at midday. Prices ended around the session's lows after moving in a narrow range at lower levels in the second part of the morning. Early followthrough selling from Friday afternoon's weaker
      903 words
    • ASIAN STOCKS
      • Article
        Market closes higher
        465 9 TOKYO SHARE prices yesterday closed higher (or the fourth consecutive session, buoyed by the yen's recovery against the dollar and the rise on Wall Street on Friday. The market average added a provisional 36.21 to close at 8,596.65 on a volume of 270 million shares. The Tokyo
        465 words
      • Article
        Bangkok
        136 9 SHARE prices yesterday closed generally higher in quiet trading at the Securities Exchange of Thailand. Bangkok Bank closed unchanged at 260 baht. JUKI U Aofcham Thai Bahta Banakok Btnk IM tm I Ban! Of Arudhaym 190 Barll Juekar Charooof Thai Ml unci) nrtt Trust 96 79 0J Ooodyaar Industrial
        136 words
      • Article
        Manila
        112 9 A 96 million peso deal in the shares of a home appliance dealer pushed yesterday's trading volume up to 97.37 million pesos from 6.13 million on Friday. Juki u r Acoja Mlnln« Anglo rtui oaoa Anas Mining a AUm Con B. IBM MM unch ■U Bquto OoM loom unch
        112 words
    • Article
      RICE
      238 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-«uper 0.62, Special 0.56.
      238 words
    • Article
      RUBBER
      238 9 RUBBER prices In Singapore yesterday closed slightly higher with July One RSS buyers quoted at 231.00 cents per kilo, up half a cent from last Friday's close. Morning prices were marked up slightly on covering interest and speculative buying after an unchanged opening. Afternoon prices eased on light trade
      238 words
    • Article
      PALM OIL
      127 9 THE Malaysian crude palm oil market yesterday eased under short-selling In moderately active trading. In June, south and north lost Ms2o and Mslo respectively to M3BOO a tonne and central M 517.50 to MTTC7.SO. in July, south fell M 512.50 to MJT97.50 and north traded at MJT96. The
      127 words
    • Article
      RAS PRICES
      365 9 RAS price* In cenU per kilo yesterday: Noon (per kilo) Buyers Sellers lilt 1 R S S prompt fob 229 50 230 SON Int. 1 R.S.S. July 232 00 232 SO Int. 1 R.S.S August 231 SO 234 SO 1st. 2 R.S.S 223 SO 225 SON UK Cant
      365 words
    • Article
      SSR and SMR
      122 9 NOON SSR and SMR pncm ymt wr4*y RAS J«lj Aapit (Correal Mtkl Bayer* Sailer* Forward MU Birtn Salter* S8R K (1-toa palWt) 209 SO 211 60N ***** 212 SON SSR SO (1 too pallatl 106 SO 107 AON 106.60 208.50N MRKLB J-ly At|wt SMR CV lima palWtl
      122 words
    • Article
      Straits tin
      73 9 THE STRAITS TIN price in Penang yesterday rose two cents from last Friday to MSSI.CB a kilo, bat stayed within the ITA lower range of Ms2t.l 5 and M$32.M. The buffer stock manager was sopporting this level, being the main boyer of the slightly higher offerings of 181
      73 words
    • Article
      CLOSING PRICES
      30 9 Rubber: June 13 Singapore: July: 231.00 cents (up 0.50 cent) Malaysia: July: 251.00 cent* (unchanged) Tin: M 530.68 per kilo (up 2.00 cents) 186 tonnes (up 46 tonnes)
      30 words
    • Article
      Produce exchange
      175 9 CHINESE Prsisce Exchange, Stagapsre, ssss ctsslag prices per IMkg yesterday. Ctnnt «U: Bulk fob $120.00 sellers, old drum (in second hand drum) fob $133.00 sellers, new drum fob $137.00 sellers. Cefra: Mixed (loose) $70 buyers. Pepper: Muntok white pepper fob Asta NLW $367.50 sellers, Sarawak white pepper faq
      175 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      95 9 Hongkong and Sydney markets were closed yesterday. Dine Chinese with the Card Enjoy a bottle of liennessy ttO on the house! Now, when you dine with the American Express Card at the Omei Restaurant and spend $225 and above, you'll receive a pint bottle of famous Hennessy XO Cognac with
      95 words
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      Page 9 Advertisements Column 2
      1313 9 Irving TVust XINCORPORATED WITH LIMITED LIABILITY IN THE STATE OF NEW YORK, U.S.A.) Irving Trust Company One Wall Street New York, NY ***** IRVING TRUST COMPANY AND SUBSIDIARIES Consolidatad Statements of Income Yean ended December 31.1982 and 1981 (In Thousands) Interest income: Interest and fees on loans u Interest on
      1,313 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    3280 10 BID and otter 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
    3,280 words
  • Article
    Unit trusts
    203 10 SINGAPORE UNIT TRUST (MiHw' prtess tar Jne 14) The Commm* 3 41 3 82xd The Savings Fund 2 02 2.14 S'pore Prog Fund 154 1 63 S pore Sec Fund 2 33 2.47 S pore Invest Fund 1.19 1.38 S pore Equity Fund 1.30 1 89 DIAMOND MOT
    203 words
  • Article
    SHARE INFORMATION SERVICE
    3454 10 IMS High Low Company Last Sale +orGrt Div Div Ctt Crt Y*M Net P/E Vol (■000) 1 Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 288 342 296 306 410 110 272 347 398 649 930 535 1400 535 340 565 870 418 472 1040 390 980 880
    3,454 words
  • Article
    In Kuala Lumpur
    2043 10 BID and oder prices officially listed and huatiw— In and reported to the Kuala Lumpur Stock Exchange yes terday with the «umber of share* traded shown la brackets In lots ot 1,000 units unteas otherwise specified INIMJBTBIALB AJsiwili (3.408) Mtmm (3.585) (3) 3 60 (27) 3.58 (5)
    2,043 words
  • Article
    Share prices rise slightly
    890 10 THE Itcal stock mwket wu slightly better yesterday, with selected Mae-chips ud seeead-llaera risiag sharply. Activity teaded to eeaceatrate aa the latter. A dplhart parties sf the day's taraever, la fact, was ceatred aa twe stocks Pramet aad Faher Merlin. Bat the aadertoae was generally healthy.
    890 words
  • Article
    KL stocks end on steady note
    504 10 RENEWED buying support on a fairly wide front took prices to a steady close on the Kuala Lumpur stock market yesterday. Improved sentiment was seen as local investors, who had earlier moved to the sidelines, returned to lend their support. This followed better trading
    504 words
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  • COMPANY NEWS
    • Article
      Sinfin enjoys 59pc growth in deposits
      429 11 SINGAPORE Finance Ltd enjoyed a 59.8 per cent growth in total deposits to $374.1 million and a 47.6 per cent increase in its loan portfolio to $263.6 million last year. These rates of growth exceeded the industry's average of 26.2 per cent and 29.6
      429 words
    • Article
      Sin Heng Chan's new subsidiary
      338 11 SIN Heng Chan has set up a subsidiary company, Southern Farms Sdn Bbd, with a view to going into farming activities when the opportunities arise. Chairman Mr Eng List Kiang told shareholders in his latest annual review that plans are also underway to upgrade existing
      338 words
    • Article
      Metal Box pre-tax falls
      396 11 LOWER demand for Mete! Box Singapore's prod acts has hart Its sales aid prsflts. Its set earnings per share have heea redaced by Si eeats te 18 eeats far the year eaded March». The eaa-maher aaaeaaeed aa 11.2 per eeat drop la greap pre-tax profit te
      396 words
    • COMPANY MEETINGS
    • Article
      United Estate Projects has strong potential
      507 11  -  Market Talk... By CHRIS LIM PROSPECTS for (MM Estate Projects BM are excellent, said local stock broking firm, Ksy Hl*n, in its latest monthly investment review. Kay Hian said investors should accumulate the shares, which, at the time of recommendation, were priced at M
      507 words
    • Article
      Work on Subang Jaya town centre starts soon
      567 11 UNITED Estate Projects Bhd is about to embark on the development of the Subang Jaya main town centre, chairman Mr Abdullah bin Yusof discloses in his latest annual report. Plans for the initial development of the centre to take the form of
      567 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      1663 11 LYCAFT INVESTMENT TRUST (AN OPEN-ENDED I'NIT TRUST) OFFERS YOU A UNIQUE INVESTMENT OPPORTUNITY DC-AFT IMriiOJCTMANAGEMBsrrUDL, tiie Trust Manager, offers you an opportunity to invest in a new Trust Fund, LYCAFT INVESTMENT TRUST, at par of $1.00 per unit APPLY NOW TO AVOID DISAPPOINTMENT OFFER CLOSES ON 25TH JUNE 1983. INTRODUCTION
      1,663 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      180 12 Rises Indices Raleiah P M C 442 TOO 36 30 June 10 June 13 PAN OB 464 20 935.25 GlilBMi 20 BT Composite 938.53 Unl Tta 388 16 BT Indicator: *****8 *****8 Paper Product* Johaa Hldgs 330 10 ST Industrials: 961.57 966.87 006 15 ST Finance: 2534.35 2528.47 Joku
      180 words
    • Article, Illustration
      KUALA LUMPUR
      158 12 Rises Indices Lion Corp 565 30 June 10 June 13 PMC 825 25 N Iron 345 25 MBT Index *****08 *****95 Tong Meng 428 22 NST Industrials 1322.53 1325.41 Larut 424 20 NST Finance: 2386.97 2374.85 NST 1310 20 NST Hotels: 658.89 659.75 M Resources 324 16 NST
      158 words
    • Article
      Selected indices
      48 12 H.K.HANG SENG Friday." 300.0 Week Ago 814.9 Friday 886.52 We«k Ago 902.88 FINANCIAL TIMES INDUSTRIALS AUSTRALIAN INDUSTRIALS Monday closed Friday 744.1 Week Ago 753.1 ALL ORDINARIES Monday closed Friday 717.1 Thursday 718.4 Week Ago 896.4 DOW JONES AVERAGE INDUSTRIALS Friday 1198.11 Thursday 1189.00 Week Ago 1213.04
      48 words
  • Article
    Van der Horst buys 80pc stake in US company
    255 12  -  By NAJEEB JARHOM MARINE and petroleum engineering group Van der Horst Ltd has acquired an 80 per cent stake in a Texas-based company, W K Industries, for US$lOO,OOO cash. The US company is involved in the design development and manufacture of
    255 words
  • Article
    Leong Huat to go into property development
    267 12 IN AN attempt to improve its performance, moneylosing Leong Huat Industries has decided to diversify into property development. Chairman Soon Teck Tee told shareholders in the company's 1982 annual report that plans are being drawn up to redevelop its property in Hill view
    267 words
  • Article
    LATEST RESULTS
    179 12 RIVERVIEW Rubber Eatmtm Bkd: sprrstlng preflto feU to M$I72,MI far the year ceded Dee $1, 1K2 (agalaat $1-M mllltoa prevtoaaly). Oreap profits More tax ameaated to $1J2 mllltoa ($2.4# mlllloa) while posttax earalaga stood at $•24,373 ($1.41 mllltoa), givlag aet earataga per ahare of 8.1 eeato (IS eeato).
    179 words
  • Article
    LONDON STOCKS
    855 12 EXPECTATIONS of a nearterm cut in UK clearing bank base rates made (or a very firm government bond market yesterday, dealers said. Equities were mixed, although prices were firming at the close as Wall Street stocks moved ahead. At 3pm, the Financial Times index was down 0.3 points
    855 words
  • Article
    MRCB to acquire Klebang for M$740.000
    208 12 MALAYSIAN Bwwrw (orparatian Bhd (MRCB) has pripmi U acq aire the «■tire equity of prapertybaaed Klebaag Develapmeat Sda BM for MfMMM cuk. MRCB nii ii u uMueeaMt thai the cash camddcratlea wu arrived at after nwMnrli the afoaaleaal valaatfoa af the develapmeat preperty awaed
    208 words
  • Article
    Earnings increase 48.8pc at MBFC
    177 12 NEWLY-LISTED Malayria Both Flaaatw CwpmttN <M) BM has scared a tti per eeat rise la met pre-tax profit to MJILJf million for Ike On* rix meaths mded March SI this year. Uaaadttod nnHi shew thai sperattag revene rase 43 per eeat to HIJI mllltoa la
    177 words
  • Article
    Temasek Hldgs yet to decide on UIC rights entitlement
    305 12 TEMASEK Holdings, the government investment company which owns 16.4 per cent of United Industrial Corp's paid-up capital of $70.875 million, has yet to decide whether to take up its rights entitlement or not. Business Times understands that the decision to subscribe
    305 words
  • Article
    Call for new auditors at GIH and Pan-El
    663 12  -  Companies Editor: Mano Sabnani By CHOO AI LENG A SHAREHOLDER of Growth Industrial Holdings and associate Pan-Electric Industries has asked the two companies to change their auditors for the year ending Dec 31. Mr Tan Soo Kiat, of Toa Payoh Central, has
    663 words
  • Article
    COMPANY BRIEFS
    241 12 GENERAL Cerperatiea has been questioned by the Kuala Lumpur Stock Exchange on the total number of Cycle and Carriage Bin tang shares it has acquired and on the total consideration paid for the investment. The KLSE also wants to know the name(s) of the vendor(s). General Corp recently
    241 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      172 12 RENT ONE ROOMGET A COMPLETE OFFICE For the price of a single private office you get a prestigious address in Orchard Road, an impressive reception area, Conference room, Receptionist/ switchboard operator and access to modern office equipment like wordprocessing, telex, photocopying, etc. It's a new concept in office leasing developed
      172 words
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      Page 12 Advertisements Column 2
      71 12 Features Of An PriceOf Am s ;V right margin justification. Even the typing styles are available in U different modes: Normal Face Type, Automatic Bold face Type, Normal Face Automatic Underscore and BOLD FACE AUTOMATICUNDERSCORE. APS ELECTRONICS (PTE) LTD #03-01. Union lrwls RU»!. 3 < Jalan Pemimpin. S'pon? 2057. Tel:
      71 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      55 12 OUTLOOK for today: Scattered showers in several areas. Report for 24 tours prior to 7J pm on Jone IS at the airport: Maximum temperature 31.7 Associated humidity 66 Minimum temperature 25.1 Associated humidity 94 Hours of sunshine 7.90 Rainfall in millimetres Nil Total rainfall for the month 58.2 Total rainy
      55 words
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  • SHIPPING TIMES
    • Article
      Lock icon Rise in mid-May world's laid up tanker tonnage
      215 13 Reuter WORLD laid-up shipping rose to 44.38 million gross registered tonnes (grt) in mid-May from 43.86 million in mid-April and 20.76 million in mid-May last year, the Bremen Institute of Shipping Economies said. At end-March the industry's order book fell to 52.42
      Reuter  -  215 words
    • Article, Illustration
      Willine to increase its fleet serving Middle East trade
      538 13  -  By JUNE LIM WILLINE will be increasing its fleet serving the Far East, Middle East trade. The company has already deployed an additional multi-purpose vessel, the 27,806 dwt Talisman. The Talisman began loading in Busan, South Korea, on Saturday and is
      538 words
    • POBTSIDES
      • Article
        Lock icon CAF changes
        83 13 Reuter THE Hongkong Europe Freight Conference and the Hongkong/Gulf of Aden and Red Sea Ports Conference jointly announced they will adjust downward the currency adjustment factor to minus three per cent from plus one per cent, effective on vessels sailing from Hongkong on or after June 13. The
        Reuter  -  83 words
      • Article
        Lock icon Plans to raise rates
        75 13 Reuter MEMBER lines of the Japan Europe Freight Conference and the Japan/Gulf of Aden and Red Sea Ports Conference said they plan to raise general rates. In an announcement, they said costs have been increasing due to the impact of inflation and this will bring to
        Reuter  -  75 words
    • Article
      INDEX TO ADVERTISERS
      719 13 Shipping liK Page C«l Shipping Line P»ge C«l Afea V 4 Franco-Belg m 45 Ahrenkiel liner VI 5 Frata Shpg VI 2 Alltrans vn 4 Freight Links V 2 Alpac VI 5 Frota V I Angonave IV 3 Fuji war a Line IV 5 Antara Shpg X
      719 words
    • Article
      Lock icon China may soon be a threat to Japanese ship exports
      827 14 Seatrade CHINA'S success in winning export orders for its shipyards has grabbed the headlines over the past two years. Its long-awaited breakthrough into the world markets gave rise to some rather premature forecasts that China would soon be a threat
      Seatrade  -  827 words
    • Article
      LONDON FREIGHTS
      1833 14 QUIET chartering was reported in most sections of the freight market on Friday with rates generally showing little change, shipbrokers said. The steady level of US$B.25 was agreed for 55,000 long tons of grain from the US Gulf to the NetherlandsBelgium while $16.50 was agreed from the Gulf
      1,833 words
    • Article
      New row over transit fees
      228 14 A NEW row has flared up over the controversial transit fees in the Bosporus and Dardanelles Straits with Romanian merchant ships once more apparently refusing to pay the dues. For more than three weeks, the Romanians have balked over the payments which are charged by
      228 words
    • Article, Illustration
      Kalmar to deliver container handling forklift trucks
      239 14 KALMAR LMV, the Swedish expert in forklift trucks, has made further inroads in the Singapore market and will be delivering a five-high empty container handling forklift trucks to a Singapore buyer in September. The forklift truck was ordered by Sen Kee Transportation Pte
      239 words
    • Article
      Fiji Conference Lines increases freight rates and charges
      370 15 BRITISH shippers to Fiji and Western Samoa in the South Pacific face higher rates from July 1 following a four per cent increase in freight rates and charges announced by the Fiji Conference Lines. Members of the conference, comprising ACT (Australia), Blue
      370 words
    • Article
      Stolt orders five sophisticated parcel tankers
      401 15 STOLT Tankers and Terminals has ordered five 36,000 deadweight tonnes sophisticated parcel tankers, with a high percentage of stainless steel cargo tanks. The vessels will be built by Daewood Shipbuilding and Heavy Machinery Ltd for delivery during the first half of 1965. The contract
      401 words
    • Article
      Lock icon TANKER RATES
      280 15 AFP TRADING remained very slow on the tanker market last week, with rates showing little change from previously depressed levels. In the Gulf States area, very large crude carriers (VLCCs) obtained marginally higher payments for discharge in northern Europe, with the usually small premium allowed for loading at
      AFP  -  280 words
    • Article
      Lock icon Coast Guard calls off search for six crew members
      238 15 AP THE Swedish Coast Guard gave up a search for six crew members feared drowned after a collision between a small Norwegian freighter and a Brazilian freighter in a fog off southern Sweden, officials said. The 990 dwt Molund, carrying a
      AP  -  238 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5870 20 SCHEBBLE A guide to ships loading at Singapore for ports around the world J The list below tabulates, bv port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port
      5,870 words
    • Article
      Container Schedules
      780 21 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Ship Arrival for LCL Movement Voy Date/Time Operator Cargo Schedule I jocati Sea Glory 5S 15.6.83 1000 Eastern M FSB 0700-0900/2100-2200 A 3/A3 Tohgo Maru 28/329 15.6.83 0700 Sunshlp FSB 1100-1300/1800-1900 N2/N2 Ned Dejima 207 15.6.83 1500 Ned-EAC
      780 words
    • Article
      WHO ACTS FOR WHOM...
      1949 21 The leading shipping lines operating from local ports and their agents. A B Adriatic (aauurr Continental Feeders <S i Cargo Freight i PK > AIHSA African Shipping Agencies (S) Pte Ltd Ur»E»f«d« Use Transgroup Pte Ltd tS) Ahre«kiei Uarr ServW Kim Shpg ISI Alfred C Tarpfrr
      1,949 words
    • Article
      SHIPPING EVENTS
      755 22 June 13-15 4th biennial bulk handling and transport conference and exhibition, RAI Centre, Amsterdam. Jane 13-17 3rd terminal operations conference and exhibition and civil engineering seminar, RAI Centre, Amsterdam. Jane 13-17 15th International congress on combustion engines (Cimac), Palais des Congres. Jane 13-13 sth International Harbour Congress and
      755 words
    • Article
      SHIPS IN PORT
      601 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Gotong Royong 18 CF Sharp alongside 14.6.83/0900 Naomi 26/7 Sankyo alongside 14.6.83/2300 Pikebank 35/6 Borneo alongside 14.6.83/1200 Sandra Weseh 31/2 Ben Line alongside 14.6.83/2300 Silver Light 21W SSPL alongside 14.6.83/0600 Willine Taro 47 Barber alongside 14.6.83/2300 Baab
      601 words
    • Article
      The Consortia
      201 22 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
      201 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      545 13 The Straits Companies' Times *,*£2. MMMORY Agencies Singapore i (Buku Merah) Mas LONDON Freights SHIPPING Schedule WHO Acts for Whom H CONTAINER Schedules SHIPPING Events CONSORTIA SHIPS In Port REGIONAL Weather I AR DIM .1 \N I A FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ I SSEAS BRIDGE 41* I
      545 words
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      Page 13 Advertisements Column 2
      426 13 OSEALORDH UASC UNITED ARAB SHIPPING COfSAG) EXPRESS MULTI-PURPOSE SERVICES A VESSEL Loading for Kuwait (24/7). Shuaiba (27/7), Jubail (30/7), Dammam (1/8), Doha (4/8), Dubai (6/8), Abu Dhabi (7/8) FULLY CONTAINERISED SERVICE Accepting LCL cargo for Dubai, Kuwait. Bahrain. Dammam. Mina Qaboos. Doha. Abu Dhabi and Riyadh Vessel BAR'ZAN V 30
      426 words
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      Page 13 Advertisements Column 3
      1060 13 balt-orient line A Baltic Shipping Co Refriar Services from South East Asia to United Kinfdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA. INLAND POINTS M RANDO rj. I.i Safcd Sailed Sated
      1,060 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      388 14 W© t FAR EAST/EUROPE CONTAINER SERVICE From EuroDe 1) fee*; 2) Rdam 1 3) H'burf I 4) Gburj KSSU 1) Gburg I?) H'burtl 3) On 4) Rdam 5) l« H Feeder |*P Ketone Vessel Mm *ccf On fm I) Barcelona. Genoa. 2) Amsterdam. Antwerp. I Havre. Basle UK. 3) Bremen
      388 words
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      Page 14 Advertisements Column 2
      447 14 Y.S. LINE yAmashita-shinnihon line CONTAINER SERVICES I USA/CANADA Pacific South Wtd Pacific North Wost Atl«nt»c/C«r\®da FM*> n K PN Miu 11/1 a»T *a a/1 zi/c m uab om iwho ta sui vet put m 15/7 11/7 J. vauo 20/7 21/7 M/ 7 IQMFIM row sat VI SMI nn 2C/S 27/1
      447 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      399 15 The Straits Steamship Group QCI Overseas Containers Limited [CONTAJNERSH»> SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunai Ports and Bangkok J, ,11 -I, SMGATORE TO SARAWAK AN) BttJCl Acceptm| carp for Bapdad t Bawah by feeder vessels la S pore ALSO ACCEPTING REFER BANGKOK AGENTS: BORKO AGENCIS LTD.
      399 words
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      Page 15 Advertisements Column 2
      703 15 NOTICE FDR EASTERN FREIGHT CONFERENCE NOTICE TO ALL CONTRACT SIGNATORIES WESTBOOND GENERAL CARGO CONTRACT KOREA SHIPPING CORPORATION The Conference wish to announce that the above-mentioned Line has been granted an extension of their geographical rights to/from Singapore/ West Malaysia with effect from 9th. June, 1983. In view of this, Contract
      703 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      722 16 EXPORTS I S pore P Kelang S'ton Hburg B ha»en Rdjm/ le Ha«rt Antwerp B«naMe< 19 6 21/6 10/7 12/7 16/7 17/7 19/7 TaAy* Bay ?6 6 ?8 6 16/7 18/7 20/7 21/7 23/7 Lnwfwl Ban 1 3/7 S/7 23/7 25/7 27/7 28/7 30/7 Frarthvt Eipress 12/7 14/7 1/8 3/8
      722 words
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      Page 16 Advertisements Column 2
      516 16 JtC.S LINE CONVENTIONAL SERVICE To/From BUSAN SUNNY OCtM) V M« AITA* V II9N/INI FULLY CONTAINERISED TO/FROM NORTH AMERICA NEST/EAST COASTS *«a tw*f ntul N DMMOM) Ml N CUTSTAI 211 0 KMGHT in 0 MMBTOt lit K NOMS CM 411 K HOWS 9WN IS 0 OPIOMAT 18 0 PATRIOT X HR
      516 words
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      Page 16 Advertisements Column 3
      550 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTWG FCI l ICI CARGO FOR I MP HK fll DOM WW LMV I tMrlaml 14/4 J/7 Jl/7 U/7 14/7 14/7 fro Lr*«t 25/J u/7 u/7 n/1 n/1 n/ j inrK|« V 7 W/7 M/ 7 34/7 11/7 i »iso acceptrk La/fa t fa/fa
      550 words
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      Page 16 Advertisements Column 4
      769 16 Everett Lines I m Burma Five Star Shipping Corpn "BURMESE NATIONAL LINE" LOADING FOR RANGOON PHASHWfGfAHTWA PAGAN HTANTANVNA HIOWTNA InPt 17 km 15-18 tan 11/ M km 21/7* km B F SS C Agents m Vokjyvo BOUSTEAD SHIPPING TEL NOS KL *****4/*****7 —PKELANG *****1/8 PENANG *****1/8 Campania Arfantina 0* Ha»aaacian
      769 words
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      Page 16 Advertisements Column 5
      340 16 mSINOSE MARITIME PTE LTD SUN UNION LINE KARACHI SERVICE SOUTHERN CROSS I SMGATORE P.KELMK PENAMG 10M) FOB 25 hiw 26 Jine Karxh SMG4POM SMOSf MMHTM Pit ITO TEt *****44/7 t *****70 •n.. .c. .W S 0 6 S WT SHrr t C0»««t TU *****52 3 TOOI KfIMIG MUOS MWtTM SON
      340 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      653 17 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSELS VOYAGE SINGAPORE LOADING FOR: KOTA MEW AH E-441 If/21 JUNE DJIBOUTI. HOOEIOAH. PT. SUDAN. MOMBASA KOTA WIS AT A E-447 6/9 JUNE HODEIDAH. JEDOAH. AOABA. PT SUDAN KOTAWANGI E-449 30/2 JULY HOOEIDAH. JEDOAH. AOABA. PTSUDAN KOTAJASA E-451 23/26 JUNE HOOEIOAH. JEDDAH. PT SUOAN. MOGADISCIO.
      653 words
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      Page 17 Advertisements Column 2
      406 17 Q IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT WEST BOUND FAR EAST/KAQ SERVICE S pore P. Keianj Loadhf for: M.V. ALRAZI Saied Bomb ay/ Aqaba/Bauah/ Bathdad/Madr as Cochin M.V. ALWASITTI 7My -doEAST BOUND RED SEA/JAPAN SERVICE M V ALRAZI M.V. ALWASITTI Saied 15 lum Yofcohama/Osaka/Kobe Yokohama/Osaka/Kobe THROUGH B/Ls to
      406 words
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      Page 17 Advertisements Column 3
      820 17 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/EROM EUROPE MAM frNArtfc 12/7 lt/7 »/7 nn 25/7 27/7 3/t 5/1 M II 17/1 H/| K/« 2t/t l/» 3/0 H>AM 17/7 U/7 21/7 H/7 a; 7 io 7 IROM EUROPE HAM Mr* Bat Sa*ed luffpod Bit SaM fr»AMI f .press SaM Hsnfksnf Eipm SaM
      820 words
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      Page 17 Advertisements Column 4
      727 17 £2 P.T. DJAKARTA LLOYD Indonesian National Shipping Line 10 USA MSI./ EAST COAST N GULF PORTS (FULLY CONTAINERISED VESSELS) STOK IX HOUSTON SAVANNAH KM TOM BAITMOK lAYAKHTA V* T J/7 25/7 7/1 11/1 14/1 17/1 MAIAMHT V«y UB l/l 29/1 11/9 14/9 11/9 21/9 4b* accopti* c«f« tar Mb*hl. Um!«
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      Page 17 Advertisements Column 5
      660 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG MEADOWBANK 27 June 26 July 29 July 1 Aug IVYBANK 23 Aug 19 Sep 21 Sep 25 Sep LukesA Lines U.S. GULF DIRECT SERVICE from LOUSE LYKES GENEWEVE LYKES RUTH LYKES LOUISE LYKES Sid fiST* GEICVEVE
      660 words
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      Page 18 Advertisements Column 1
      1481 18 Kline KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE NEW YORK/E. CANADA Mu cafe {aPHLADCLMA •BOSTON (15 Aug) NORfOLK (I Aug) M Keeping (*a SI fehn) MONTREAL (1? M). To*o*lo (11 M) (Via N. Tart) Boston («a MM.AND BRIDGE) Boston. N'Tort. Norto* BaMrart Nftnmton Jacksanvlt. Houston. Ne« Orleans Giheston PMadtfcAu. Chafteslav
      1,481 words
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      Page 18 Advertisements Column 2
      725 18 B CALIFORNIA PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lsa«Rg tor lOS ANGELES SAN FRANCISCO SEATTLE. TACOMA VAMCOUHR B C Acceptsig FCI/FCI Csntasari p Singapore l "VMMPRMG" 11 Asm 11*1 AUSTRALIA EXPRESS CONTAINER SERVICE Accepts* FCL/FCL Csntaswn P Aelang 5 pore MHb S**> AIM att(#i AAMDAS 70 tone 11/19 tone
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      Page 18 Advertisements Column 3
      630 18 KORINS MARITIME SERVICES !S 114 An»on Road. #18-01, Tunas Building, Singapore 0207. Tal: *****22 *****67. PKalang Tal *****1/8. RED SEA/PERSIAN GULF/MEDITERRANEAN SERVICES S pore Loading For: 17 June Bandar Abbas 1 My Assab/Benghazi/Tnpoi 5 Aug Assab/Aieiandria/Benghao/Tripoi .30 Aug Assab/Aleiamtria/Benghazi/Tripoi HAJSBON HAEWOO NO 5 HAEWOO NO. 2. HAEWOO NO. 3. /A\
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      Page 18 Advertisements Column 4
      649 18 4^ 10. Anson Pood. -27 16. Internot»onoi Plazn Singoporp 0207 T SrqHBi£LSXA-E.MafS! BREAKBULK SERVICE TO EUROPE/UK ASIAN FOREST *****07 S pare P Ktianf Lo*fin( far--20 km 15 km BOULOGNE/ANTWERP/ RDAM/UK (AVON) ALPAC LINE nana k^. S pore P Kelang Lajdnt far: ALPAC ASIA 161NB 5My 3My Mauritius Reunion Durban Vessel
      649 words
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      Page 19 Advertisements Column 1
      651 19 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A t*« ACI C« TO EUROPE/UK (VIA SUEZ): HK CONTAMER 35* SS BRDGE 41N C ROZE 34W N GARffT 15W MERCATOR 31W K CHANCE 13W Havre 7/7 14/7 21/7 28/7 5/8 13/8 Also accepting cargo to/from Scandinavia HK CONTAINER S'pore Closing Times: FCL Cargo 1500
      651 words
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      Page 19 Advertisements Column 2
      480 19 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK. KEELUNG. BUSAN. INCHON SEMI-CONTAINERISED DIRECT SERVICE TO CHITTAGONG. CHALNA. CALCUTTA )nui Oar, Duct KftS A Inul ra IHtUm rwn| cwtj«ciutoj Cjtarfli ?4 S 11 li 3/7 t/1 is/7 -nn wi sr-ow *&»ms WPTIN AGINCKS PTI ITO T* ???4111 ??04?tt m»
      480 words
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      Page 19 Advertisements Column 3
      995 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KELANG PfNANG M/S SHARK AI NAH SOON SON BHD IST ANO ?NO fIOOR *S»S HAI TMONG SHTPHG ?3
      995 words
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      Page 19 Advertisements Column 4
      92 19 ar SOON KIAT SHIPPING PTE LTD 3 Shfnton Way #20 06 Shinto" Ho«v S-niiipore 0106 IH ??050M <S l««> let*. R*****9 »SM» KGULM sotwas TO EAST MALAYSIA n* ETD DCSTVWTm 20/6 22/6 M*/** 22/6 24/6 Ljoaat/ltar»/Mtj Kin** 21/6 30/6 11/6 20/6 BnMi/Mri 24/6 26/6 BM*i/K£. fa ft 17/6 S*djk*/Twi» it
      92 words
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      Page 20 Advertisements Column 1
      637 20 Regional Container Lines Sailings Weekly lImjJOHJ Reliable Regular Punctual Berthing PSA 1500 Hrs Tuesday Saturday REGULAR FEEDER SERVICE TO PHUKET/SONGKLA VOY STORE SKIA VOY STORE RATANABHUM 137 1M Safcd In Part 225,226 II km RATAM BHUM 139/140 24 km 29 km SINGAPORE ISLANDS LINE MIDDLE EAST REGULAR LINER S'pore PK
      637 words
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      Page 21 Advertisements Column 1
      204 21 Scan Dutch V T£*fc2sS ■H To Europe (Med/UK/IMC/Scan) FEE P. KELANG MOTHER VESSEL Anson SM Anson 16/6 Anson 23/6 Anson 30/6 Anson 7/7 Kemumnf Sid Butane 17/6 Kemumng 24/6 Butan( 1/7 Bvtant 8/7 ACCEPTMG/SAIMG To Red Sea/Mediterranean FEEDER PENANG Anson 30/6 Anson 30/7 Anson 30/8 P. KELANG B Butang 1/7
      204 words
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      Page 22 Advertisements Column 1
      247 22 NORBULK NOWULK CARGO BCRVICIS LTO TIMBER AND PLYWCX)D SERVICES VOK PORT KELAK LOMMC FOR: JANGMI NBOI 4/7 7/7 ROAM, ANT. UK NORBULK NB 02 8/8 10/ i do AGENTS: MARATHON UNITED AGENCY PTE. LTD. STORE TEL: ***** M KELANG: S.P. YEO SHIPPING A TRADING SDN BHD KL. TEL: *****4/*****2/*****8 P.K.:
      247 words
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      Page 22 Advertisements Column 2
      538 22 P.T. PEJtUSAHAAN PELAYARAN NUSANTARA BAHARI (STORE BRANCH) eta rro HsrwnoH lt/i IS/C MR MITI 11/ C —M 27/1 CKBON/SOf P.T. MASKAPAI PELAYARAN "PULAU LAUT' mm SQMMNC/SURABAYA CSIEBOM/SQMIIAMC/SURABATA DiANCCAMMNA hi Nrt 13/t JAKARTA c/o ARYA SMPPM6 ft TRADMG (PTE) LTD Booting V" 1 Foong Sun Shipping I Trading (Pte) Ltd 10th
      538 words
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      Page 22 Advertisements Column 3
      148 22 Ba 3a Ob BANGLADESH NATIONAL LINE a- f of Bangladesh Govt i SINGAPORE/BANGLADESH SHUTTLE SERVICE ARABIAN GULF EXPRESS M.V. BANGLAR VRffi. 25/30 Jim Muscat Dubai/Doha/Ku•ait/Dawnam _s pACIfIC T««NS T «AOII*C Agents AGfUC* P T f LTD OHtEHT*I SHIPPING COUP* T« 9i1j44 ,S ksi U-rrpu- 7 el 420C76 46 7544 TIGER
      148 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      185 22 Regional Weather ~A 9, m u sv 0 s Isv ffc an B A. x 7 J t a ■M A V as a tu m L 9 °C yA Wim Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AM. THIS MORNING. LEGEND:
      185 words