The Business Times, 29 June 1983
1983-06-29
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The Business Times
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Title Section10 1983-06-29 1 BUSINESS TIMES M.C.(P) No. 67/1/83 WEDNESDAY, JUNE 21,1183 60 CENTS10 words
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445 1983-06-29 1 LIM SOON NEO - By LIM SOON NEO SINGAPOREANS spent more than 110 million on durians last year and they may have to pay more this year because of costlier durians from Malaysia. Last year, Singapore imported nearly 13,400 tonnes of fresh durians worth $10.3 million, according445 words
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126 1983-06-29 1 AP THE Reagan administration, buoyed by fresh signs of a rebounding US economy, plans to brighten its official forecast and predict strong economic growth over the rest of the year. An official said it would mark the second upward shift in the administration's economicAP - 126 words
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652 1983-06-29 1 SOH TIANG KENG - By SOH TIANG KENG THE Gold Exchange of Singapore (GES) is plannii.g sweeping moves to make itself "self-regulat-ing". This is to stave off possible Government legislation to control its activities. Proposals to change its constitution to boost its financial strength, give more protection to652 words
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384 1983-06-29 1 AP THE US Supreme Court has overriden foreign objections and upheld the right of American states to collect hundreds of millions of dollars by basing taxes paid by multinational corporations (MNCs) on their worldwide income. The court ruled 5-3 that California did notAP - 384 words
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297 1983-06-29 1 THE Department of Civil Aviation will seriously look into the feasibility of developing a hotel within the Changi Airport when it becomes a statutory board next year. The idea of building a hotel in the airport was tossed about for297 words
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BRIEFLY...
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Article65 1983-06-29 1 AFP CHINA is for the first time offering shares to foreign investors in an enterprise to be set up in Shenzhen, its biggest special economic zone, New China News Agency reported. It said that San He Holdings Ltd formed by four Chinese corporations is seeking to raiseAFP - 65 words
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Article66 1983-06-29 1 UPI ATARI Inc, hurt by the surplus of competition and the apparent decline of interest in home video games, is quietly laying off about 1,000 Silicon Valley white-collar employees, it was reported. The San Francisco Chronicle said hundreds of employees, particularly in engineering and marketing, received noticeUPI - 66 words
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Article67 1983-06-29 1 JAPAN exported 1.09 million video cassette recorders (VCRs) in May, a 52 per cent increase over the same month last year, the Electronic Industries Association of Japan said. It attributed the sharp rise to demand from the US, where exports rose 137.4 per cent over the year67 words
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Article61 1983-06-29 1 UPI FRANCE is capable of massproducing neutron warheads but has not decided whether to do so, President Francois Mitterrand said yesterday. Mr Mitterrand, in an interview on the Europe 1 commercial radio station, said that as Head of State, he must decide whether to proceed with production ofUPI - 61 words
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Article42 1983-06-29 1 THE New York stock market was mixed yesterday morning, steadying after Monday's broad decline. The Dow Jones Average of 30 Industrials rose 3.50 points to 1,232.97 in the first half hour. But losers held a 4-3 lead over gainers.42 words
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Article61 1983-06-29 1 AFP THE French pen-maker Du Pont has threatened to close down its plant in Taiwan because of rampant counterfeiting and has asked authorities to help stop the bogus manufacturing in Taiwan, police said. A spokesman said Taiwan-made Du Pont pens cost only NT$4O each with an exportAFP - 61 words
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Article68 1983-06-29 1 Reuter INDONESIA'S foreign exchange reserves rose to US$3.7 billion at the end of May from an undisclosed low point before a 27.5 per cent devaluation of the rupiah on March 30, the official news agency Antara reported. It quoted Bank of Indonesia governor Arifin Siregar as saying theReuter - 68 words
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Article59 1983-06-29 1 Reuter THE Philippines intends to remain a top supplier of workers to other countries in spite of growing competition from other nations, President Marcos said. He said the government had adopted new measures to screen applicants for overseas jobs following press reports that Filipino workers with criminal recordsReuter - 59 words
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340 1983-06-29 1 SINGAPORE'* external trade shrank by 7.5 per cent la May. Imparts fell mare sharply than exparta, narrewiag the trade deficit. Externa] trade la May ameaated ta $8.41 Mlliaa, a drep tram $1.11 Mlliaa during the same meath last year. This breaght tetal340 words
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490 1983-06-29 1 LEE YOKE MENG - By LEE YOKE MENG YET another alarm was sounded yesterday by an insurance consultant when he noted that the question of solvency in the insurance business could reach frightening proportions in future. Mr Robert Daum, president of the Connecticutbased International Insurance Financial Service, said at490 words
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Page 1 Advertisements
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Advertisement237 1983-06-29 1 OA BUSINESS SYSTEM Information Processing with Microprocessor Technology Computerized Accounting Software SEE HOY CHAN GROUP Singapore t«l 2225M2/4 K L t«i 03 *****0 P»n«ng tel 0* *****9 MMDS BANK Bumiputra Malaysia Berhad will continue to embark on expansion programmes based on solid, sound banking standards and practices Page 2 PROFESSOR237 words
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Advertisement111 1983-06-29 1 Daily 24 hours Rental Unlimited Mileage A Ken-Air Super Shuttle gives you real value for your money. For $75.00 a day you have a choice of economy petrol savers, or for a little more a spacious executive model all new, sparkling clean and finely tuned for you to drive away.111 words
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Advertisement143 1983-06-29 1 BALLY of Switzerland Ashjord tInternationally recognised as trend-setters. The exceptional -sgg. dry-powder reduction copier. wr*> Ricoh Get accurate, crisp reductions at a touch thanks to the dry-powder process. Even trim an A3 original down to A 4 size! FT 6200R: the exceptional desktop copier with improved reduction factor. pirAU From143 words
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BANKING AND FINANCE
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249 1983-06-29 2 Bernama BUMIPUTRA Malaysia Finance, the Hongkong subsidiary of Bank Bumiputra Malaysia Berhad, suffered a group loss before tax of HK$3.OB million last year. It made a group pre-tax profit of HK56.59 million in 1981. The 1982 loss was after charging provisions for contingencies ofBernama - 249 words
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480 1983-06-29 2 Bernama BANK Bumiputra Malaysia Berhad is looking ahead with full confidence and will continue to embark on expansion programmes based on solid, sound banking standards and practices. Executive chairman Dr Nawawi Mat A win said in the latest annual report that the increase inBernama - 480 words
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238 1983-06-29 2 TEN banks have signed an agreement to lend $60 million to finance more than half the construction cost of the second Holiday Inn in Singapore. The 350-room Parkview Holiday Inn at the junction of Cuppage Road and Cavenagh Road will open early238 words
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419 1983-06-29 2 Reuter CREDIT market analysts are focussing on the US government's financing needs in the coming quarter while the markets still struggle to digest the U5114.25 billion of Treasury securities auctioned last week. Economists estimate the government will need to raise between $50 billion andReuter - 419 words
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Article104 1983-06-29 2 WHAT will be the structure of the local financial futures exchange, and how will the authorities decide on the licensing of potential traders? These and other important questions on the monitoring and operating system of the futures market in Singapore will be answered by Mrs104 words
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Article135 1983-06-29 2 Reuter SEVERAL top US banker? and leaders of the financial services industry oppose a moratorium on the mixing of banking with other financial services. Six of the seven witnesses told the Senate Banking Committee on Monday that the revolution in the financial services industry isReuter - 135 words
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Article88 1983-06-29 2 Reuter BANKERS' acceptances in the US feU US$454 million in April to $70.39 billion, the Federal Reserve Bank ol New York said. The drop was the fourth monthly decline and brought acceptances down more than $9 billion from the December record of $79.54 billion. The AprilReuter - 88 words
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Article22 1983-06-29 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 8.94 per cent.22 words
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Article189 1983-06-29 2 ASIAN ASIAN currency deposit interbank rates as at close on June 28: US DoU art (Spot) Offer Bid 7 days 1011/1610 9/16 1 month 10 9* 2 months 10 9* 3 months 10* M> 6 months 10* 10* 9 months 10 7/16 10 5/16 12 months 10* 10* Dm. 8w.Fr*.189 words
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Article45 1983-06-29 2 RANGE at prices offered by discount house» on June 28: Overnight: 3 Call deposits: 2 3 CMu Bayiaf Selliai 3-month Treasury bills 2* 2W 3-month Bank bills 7* 7* 3 months CD 7 V* 7 S months CD 7M 7H Source: National Discount Co45 words
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Article129 1983-06-29 2 THE US dollar yesterday recovered to rule firmer against other major currencies, after falling initially on commercial selling. It rose to 2.5445/55 marks from an early 2.5380/87 and was above than New York's 2.5405/15 close. It also recovered to the US close of 239.85/96 yen from 239.30/40 in the129 words
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Article498 1983-06-29 2 THE US dollar strengthened against all major currencies in a day of fairly heavy trading yesterday. Against the local currency, the dollar opened at $2.1280/90, 75 points higher than the overnight closing rate. In the first two hours, it went down to $2.1250/60. The American dollar regained its498 words
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Article233 1983-06-29 2 THE dollar yesterday closed at 239.80 yen, little changed from the New York close of 239.80/96 and underpinned by firm US interest rates. It opened at 239.70 yen, fell slightly on profit-taking, but later rose to a high of 240.00 yen in unsettled trading caused by uncertainty over the233 words
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Article312 1983-06-29 2 GOLD FUTURES in Singapore yesterday closed generally weaker in light trading on some european selling and a strengthening of the US dollar in the afternoon. Total sales for the day was recorded at 127 lots while kerb volume at 605 lots. Prompt closed softer at US$4l4/415 an ounce compared312 words
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Article38 1983-06-29 2 Mm m New York 11.75B 12 23R UBS 12.30S Zurich 12.00B 12.2SB 12.10S 12 358 Singapore IIM 11 SOB MM 12 30R 11.70S 12.405 Closing prices in US dollars a troy ounci Source: Credit Suisse, S'pore38 words
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Article63 1983-06-29 2 THE dollar yesterday opened sharply higher and continued to rise on massive short-covering and interest rate considerations. Opening quotes yesterday: US 1.5270/80 Can 1.8780/8810 Cross —1.2310/13 DMk- 3.8980/9020 D F1 4.3706/45 S Fr 3.2200/40 B Ft con 77.88/78.00 F FT -11.6970/7120 Lit 2307.30 2311.85 Yen 366.85/367.40 D Kr 14.0310/044563 words
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Page 2 Advertisements
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Advertisement169 1983-06-29 2 American Hospital Care in Singapore m Mi ,:v 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 Americans169 words
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Advertisement304 1983-06-29 2 ASSISTANT VICE PRESIDENT CORRESPONDENT BANKING U.S. OFFSHORE BANK Around $60,000 per annum Location: Singapore (Ref. 3185) Our client is the offshore branch of a Applicants are preferred to possess a major U.S. bank which currently ranks minimum of four years' banking experiamong the top ten in the United States. ence304 words
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TRADE AND INDUSTRY
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508 1983-06-29 3 SOH TIANG KENG - By SOH TIANG KENG A PROMINENT Singapore economist, Professor Lim Chong Yah, yesterday called for the formation of a Pacific free trade area (PFTA) covering Asean, the US, Japan and other developed and developing nations in the region. He said: "There is a508 words
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369 1983-06-29 3 ALMOST half of the 159 respondents of a recent Singapore Manufacturers' Association (SMA) survey of its members said that non-tariff barriers are a serious problem. This was disclosed by SMA honorary chairman Ong Leng Chuan yesterday at the International Conference on Manufacturing Engineering, being369 words
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Article703 1983-06-29 3 SEMINARS AND COURSES July 1-Oct 18 (Tuesdays and Fridays): Effective Personnel Management, Waterloo Centre, Personnel Organisation Development July 2: Receptionist Workshop, Waterloo Centre, Secretariats and Meetings Pte Ltd July 4-5: EDP Operations Audit, The Arcade, I/ACT Pte Ltd July 4-Sep 5 (Mondays and Thursdays): The Administrative Secretary, Waterloo703 words
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Article153 1983-06-29 3 THE Computer Systems Advisers Group has announced the unveiling of English for RAMIS n, a new software package which comprehends and responds to the everyday English language. English for RAMIS II is based on the latest concept in computerisation using the English language as a computer language and153 words
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Article531 1983-06-29 3 RICHARD SEAH - By RICHARD SEAH HEWLETT Packard recently slashed its stock of components and drastically reduced its warehouse space but these had nothing to do with the recession. Instead, it was due to a newly-adopted inventory control system that involved a little extra administrative work but generated531 words
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274 1983-06-29 3 AN educational insurance policy pioneered by the Daehan Kyoyuk (First Educational) Life Insurance Company of South Korea may be made available in Singapore. The Korean company is interested in opening more branches in Southeast Asia, especially to offer the educational policy to students274 words
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Page 3 Advertisements
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Advertisement460 1983-06-29 3 Editorial... page 8 rt. s f TXjrtv V* SAAB 900 Turbo APC. 3dr P SAAB 900 Turbo, 4dr, (Auto/Manual) ural that our best ideas come out of the blue. If it weren't so, many of today's great innovations would not have been achieved. Likewise, many of SAAB innovations would have460 words
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OVERSEAS
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346 1983-06-29 4 Reuter JAPAN plans to send trade missions to the US and Europe to advise businessmen how to gain access to Japan's market, officials of the Japanese Ministry of International Trade and Industry said. They said one mission, which may be led by MitsuiReuter - 346 words
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114 1983-06-29 4 Reuter ISHIKAWAJIMA-Harima Heavy Industries Ltd (IHI) has developed a prototype ceramic turbo charger for cars in cooperation with several Japanese ceramic manufacturers. IHI said the turbine blade and shaft are made of ceramic material which provides quick response and excellent heat resistance compared with conventionalReuter - 114 words
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356 1983-06-29 4 EUROPEAN Economic Community scientists have completed the first step in an experimental programme of nuclear fusion research that may provide ample energy 40 or 50 years from now free of radioactive problems. An EEC Commission spokesman said a first experiment was carried out in356 words
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Article194 1983-06-29 4 AFP A USED car dealer, British Car Auctions, has announced plans to acquire 20.4 per cent of the ailing Lotus sports car producer for £3.5 million, while industry executives said the British government is against a takeover by Japanese Toyota. Aside from the recession,AFP - 194 words
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198 1983-06-29 4 AP THE US Federal Aviation Administration (FAA) will move soon to require that passenger seats in America's 2,000 airliners be outfitted with fire resistant shields. FAA chief Lynn Helms, testifying to a Congressional aviation subcommittee, however denied that the move was promptedAP - 198 words
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WORLD IN BRIEF
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Article318 1983-06-29 4 Agencies THE benchmark ex-refinery wholesale price of Australian manufacturing grade sugar will rise by 548.93 to $480.37 a tonne, effective from July 1, the federal and Queensland governments announced. Acting Federal Primary Industry Minister Peter Walsh and his Queensland counterpart Mike A hern said the increase was inAgencies - 318 words
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337 1983-06-29 4 AP A SENIOR Polish official has indicated the authorities may retain some extra controls even after the eventual abolition of martial law. The official Pap news agency on Monday quoted Michal Atlas, chief of the administrative department of the Communist Party CentralAP - 337 words
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Article274 1983-06-29 4 Reuter UPI NEW construction contracting in the US rose in May with contracts up 15 per cent to a record US$lB.9 billion, the FW Dodge division of McGraw Hill Information Systems Co said. Non-residential building rose by 10 per cent to $5.2 billion and residential building gainedReuter; UPI - 274 words
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347 1983-06-29 7 Reuter LEADERS of British industry have reported a patchy and thin economic recovery and asked Prime Minister Margaret Thatcher to help speed it up by easing the burden of industrial costs. A monthly report by the Confederation of British Industry (CBI), theReuter - 347 words
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241 1983-06-29 7 Reuter AMERICA and Taiwan have agreed to cooperate more closely in cracking down on bogus textile export quotas, officials said in Taipei. They said from next month, data on all textile exports to the US would be entered in computers and sentReuter - 241 words
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280 1983-06-29 7 AP THE American Supreme Court has refused to Mock enforcement of the President's steps settling a decade-long dispute over alleged dumping of Japanese television sets In the US. lie court turned down on Monday an emergency request aimed at blocking enforcement of agreements betweenAP - 280 words
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467 1983-06-29 7 AP AMERICAN Congressmen have charged that foreign competitors are stealing billions of dollars worth of trade secrets from US companies and have promised to push for stiffer penalties. "Congress will have to pass tough new laws and the US government will have to have toughAP - 467 words
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435 1983-06-29 7 Reuter UNITED Nations Secretary General Javier Perez de Cue liar said the first signs of economic recovery are being seen in some developed nations, but serious questions remained about its breadth and durability. It was recognised it would take time for the benefits toReuter - 435 words
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Article116 1983-06-29 7 UPI SOUTH Korean authorities have arrested 21 businessmen and bank clerks on tax evasion charges for the illegal sale of synthetic resins used in the manufacture of export items, a prosecution spokesman said in Seoul on Monday. The arrested included eight businessmen who ranUPI - 116 words
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Article737 1983-06-29 7 ARRIVALS Service Local Operator Number Time From SIA SQ11 0010 LAX TYO PAA PA5 0015 JFK SFO HKG TMA TL331 0200 BEY BOM KUL CAL CI343 0420 TPE HKG KUL MAS MH601 0820 KUL CAL cioio 0855 JED DHA MAS MH671 0905 KUL MAS MH811 0910 PEN737 words
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Page 4 Advertisements
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Advertisement788 1983-06-29 4 BANKERS TRUST NEW YORK CORPORATION AND SUBSIDIARIES Incorporated with Limited Liability in the U.SA. BANKERS TRUST NEW YORK CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF INCOME Year Ended December 31, 1982 1981 US* TOO Interest income Interest and fees on loans 2.695,505 Interest on investment securities Taxable 125,727 Exempt from federal788 words
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Advertisement240 1983-06-29 4 1 \<&A A splendid roast daily. JVp* and a glass of wine for only SI 9.50++ > pii.y-jj^| s/ v y4n</ it's convenient... I tZJ MB few#... A<w over world and of all Vintages. What place is this WINE BAR Come. You'll not regret believing what you've heard on The240 words
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Page 5 Advertisements
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Advertisement288 1983-06-29 5 BBfc When it comes to luxury German cars, we tend to take for granted that there are only two names worthy of consideration. But this is an assumption... Before you choose, consider the following facts about Opel Senator 2.5 E: More power, greater economy. Senator's stringent standards mean greater power-plant288 words
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Page 6 Advertisements
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Advertisement2112 1983-06-29 6 BANK BUMIPUTRA MALAYSIA BERHAD (INCORPORATED IN MALAYSIA HEAD OFFICE KUALA LUMPUR) The Bank Furniture fittings and office equipment Motor vehicles Freehold land F reehoid Buildings Leasehold land and buildings The Group Furniture, fittings and office equipment Motor vehicles Freehold land Freehold buildings Leasehold land and buildings 6 SHARE CAPITAL Highlights2,112 words
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Page 7 Advertisements
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Advertisement5 1983-06-29 7 Knoll THE UITIfVIATE IN FURNITURE5 words
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Article508 1983-06-29 8 WHEN AMERICAN prospectors headed west to California in search of gold, they found it cheaper to have their suits washed and pressed in China than to send them to their own laundries back at home. Roads and rail later linked the American continent while floods of laundrymen508 words
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933 1983-06-29 8 JAMES BUXTON - JAMES BUXTON explains why Italy has become Europe's leading stronghold of small business. JAMES BUXTON FT WHILE northern European governments sometimes seem to be stimulating small businesses in the hope of creating a completely new motor of economic growth, the Italian small and medium-sizedFT - 933 words
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Article750 1983-06-29 8 CHRISTOPHER HANSON - By CHRISTOPHER HANSON Reuter NATO mast revise Its IdeM on hew to counter a Soviet attack an Europe In view of new flexible battle tactics being adapted by Moscow, Pentagon officials In Washington said. Until recently, US Army planners tbongbt a Soviet tbrnst against WesternReuter - 750 words
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Page 8 Advertisements
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Advertisement682 1983-06-29 8 03 THE COMMERCIAL BANK OF KOREA. LTD (INCORPORATED IN THE REPUBLIC OF KOREA) CONDENSED BALANCE SHEET AS AT DECEMBER 31. 1982 lUSsi W74Bi CONDENSED STATEMENT OF INCOME JANUARY 1. 1982 DECEMBER 31. I*2 (m Thousands) WON Deposits Demand Savings Total Foreign Currency Deposits Foreign Exchange Call Money Borrowed Money in682 words
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Page 8 Miscellaneous
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Miscellaneous733 1983-06-29 8 w SINGAPORE 5 3.00 PM Openinf folowed by Hotel (Mandarm/r). 4.25 Exercise with Gloria 4.50 The Animal World Jungle Jaguar It is difficult to spot this animal because its camouflage coat blends in so well with the jungle environment. 5.15 The Electric Company: There are different ways of pronouncing the733 words
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Article, Illustration838 1983-06-29 9 BRUCE HANDLER - By BRUCE HANDLER AP A FEW years ago, Brazil tried to show the rest of the world it could live with inflation of 20, 30 and 40 per cent, through a complicated system of financial juggling called "indexing." Now, with inflation running atAP - 838 words
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767 1983-06-29 9 RUTH YOUNGBLOOD - By RUTH YOUNGBLOOD UPI COMPUTER crime has become big business in the United States. Theft of intangible secrets from high technology firms has become a multimillion dollar loss for the country's top computer centres. A single major stolen idea could be worth tens of millions.UPI - 767 words
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Page 9 Advertisements
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Advertisement955 1983-06-29 9 DGB4NK& Deutsche Genossenschaftsbank DG BANK Consolidated Balance Sheet (condensed) as at December 31,1982 ASSETS Cash in hand Bills receivable Due from regional cooperative banks Due from other banks Treasury Bills Bonds and notes Due from non-bank customers Long-term mortgage loans Investments in subsidiaries and affiliated companies Premises and office equipment955 words
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Page 9 Miscellaneous
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Miscellaneous625 1983-06-29 9 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Fantastically feathery' (5) 6 More than 10 knaves (5) 9 What you need for a cereal repast? (7) 10 Condescend to keep out of the ring (5) 11 College girl (5) 12 Sharp character (5) 13 Diminutive US flier (7) 15 It can also625 words
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Article, Illustration1634 1983-06-29 10 DAVID BURNHAM; DAVID BURNHAM - The electrical effects of a single nuclear explosion could cripple the US's computerised economy, writes DAVID BURNHAM. He looks at the steps that the Reagan administration is taking to prevent such a disaster. DAVID BURNHAM DAVID BURNHAM NYT TECHNICAL experts in and out ofNYT - 1,634 words
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Page 10 Advertisements
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Advertisement649 1983-06-29 10 BANCO DO BRASIL S.A. CONDENSED BALANCE SHEET AS OF 31.12.82 ASSETS LIABILITIES <Crs Thousand) (Crs Thousand) 31.12.82 31.12.81 31.12.82 31.1281 CURRENT AND CURRENT AND LONG-TERM 14,996,790,313 8.135,303.761 LONG-TERM 14,221,786,665 7,*****1210 Cash 240,067,898 84,347,135 Credit operations 6,370,678,450 3,414,618,657 Interbank and interdepartmental relations 2,676,388,590 1,722,230,475 Sundry credits 5,556,987,186 2,889,387,494 Secunties and other649 words
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Advertisement192 1983-06-29 10 Malaysian Tobacco Company Bhd. COMPANY ANNOUNCEMENT The Board of Directors are pleased to announce the results for the first half year to 31st March 1983. RESULTS 1983 1982 S'OOOs SOOOs Turnover (Gross) 373,851 326,841 Net Profit before Tax (unaudited) 50,131 50,908 Estimated Taxation 23,078 23,928 Estimated Profit after Tax 27,053192 words
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RAW MATERIALS
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Article327 1983-06-29 11 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 oiass 0.72, 25 per cent new crop B-10 per cent no stock. •"THAI BROKEN: A-super 0.62, Special 0.56. THAI327 words
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Article997 1983-06-29 11 COFFEE: Robusta coffee futures yesterday maintained their firmer tone through the morning to stand mostly £12 to £14 a tonne above Monday's close at midday. Volume remained low and prices moved in a narrow range, finding little support for the gains of over £15 which some traders had997 words
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Article863 1983-06-29 11 SHARE prices yesterday closed lower, with sentiment hit by sharp falls overnight on Wall Street and by easier sterling, dealers said. At 3pm, the Financial Times Index was down 7.4 points at 7J8.3. Leaders were generally lower, with Beecham down 7p and Plessey and Thorn each 10p lower.863 words
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Article178 1983-06-29 11 CHINESE Produce Exchange, Singapore, noon closing prices per 111 kg yesterday. Coconst oil: Bulk fob $117.00 sellers, old drum (in second hand drum) fob $130.00 sellers, new drum fob $134.00 sellers. Copra: Mixed (loose) $68 buyers. Pepper: Muntok white pepper fob Asta NLW $375.00 sellers, Sarawak white pepper178 words
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Article196 1983-06-29 11 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cotton yam: China Blue Phoenix 20s 2,490 32s 3,285, 40s 3,390 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly196 words
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Article122 1983-06-29 11 The Malaysian crude palm oil market yesterday closed easier on renewed selling in moderate trading. In June, central lost MJ8.50 to M 1792.50 per tonne and south M 56.50 to MJ796, while in July, central and south fell Mss to MJT9S. August in the north traded at MJ795.122 words
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Article248 1983-06-29 11 RUBBER prices yesterday closed slightly higher with July One RSS buyers quoted at 236.50 cents per kiio, up 2.50 cents from Monday's close. Morning prices were marked up slightly on speculative buying and covering interest after a higher opening. Afternoon prices fluctuated around lunchtime levels on light buying interest248 words
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Article32 1983-06-29 11 Rubber: June 28 Singapore: July: 236.50 cents (up 2.50 cents) Malaysia: July: 255.50 cents (up 2.50 cents) Tin: M 530.72 per kilo (up 17.00 cents) 62 tonnes (down 153 tonnes)32 words
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Article90 1983-06-29 11 THE STRAITS TIN price in Penang yesterday rose 17 cents to M 539.72 a kilo, mainly because of the small offerings of «2 tonnes, sharply down from 215 on Monday. The new price remains within the IT A lower range of Ms2t.ls and M$32.K. The rise was doe90 words
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Article476 1983-06-29 11 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers lot. 1 R.S.S prompt f.o.b. 233.00 234 OON Int. 1 R.S.S July 236 00 237.00 Int. 1 R S.S August 238 50 239 00 Int. 2 R.S.S 226 00 228 00N UK Com 225 00 227476 words
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Article206 1983-06-29 11 SOYBEAN futures in Chicago on Monday closed 17 V« to 20 j /4 US-cents a bushel lower in fairly active trade. July finished near the bottom of a four cent range. Trade sentiment that dry conditions had hampered emergence of spring-planed soybeans was partially relieved by extensive rains across206 words
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Article175 1983-06-29 11 WHEAT futures in Chicago on Monday closed 3 r /i to s'/« US-cents a bushel lower in fairly active trade. Traders said weakness in other grain pits, along with lower precious metals and financial instrument markets, weighed on prices. Rain benefitting springplanted crops was delaying winter wheat harvesting, providing175 words
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Article185 1983-06-29 11 Reuter INDONESIA'S soybean production, estimated at 514,000 tonnes in 1982, is expected to recover slowly from the effects of a drought last year, and imports are likely to level off between 300,000 and 350,000 tonnes annually in the next two years. Foreign agriculture experts estimated the 1983 andReuter - 185 words
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Page 11 Advertisements
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Advertisement965 1983-06-29 11 Societe Generale de Banque Generale Bankmaatschappij Head Office: 1000 Bruseels/Montagne du Pare 3, BELGIUM Singapore Branch: 105 Cecil Street #2001/04, The Octagon, Singapore 0106. Telex>RS ***** RS ***** Tel: *****55 Consolidated Balance Sheet at 31 December 1982 (»n millions of Belgian francs) Cash, Central Bank, Post Giro Money at call,965 words
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Page 12 Advertisements
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Advertisement179 1983-06-29 12 Where to wine, dine and entertain sHH with the American Express Card WtttM you d° n t already have the Card, call *****33 for an application form" Happy Hour at Treetops Bar Spend "Happy Hour with us at the Treetops Bar and enjoy the third drink on the house. For179 words
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Advertisement201 1983-06-29 12 For banquets. For conventions. For other functions of flawless finesse. Functions for up to 280 guests International menus to choose from Complete range of audio-visual equipment Ample parking space cnlun I 'in*k Slmtiilihi S»iii£»ji|»or«' Nassim Hill. Singapore 1025. Tel *****// Operated by ANA HOTELS INTERNATIONAL iifflMlN JIANG SICHUAN RESTAURANT Capture201 words
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Advertisement204 1983-06-29 12 M! (IrE, Level 6, Peninsula Hotel With every order of beer you will be served, with our compliments, v Satay, i Sambal Spring Rolls Titbits Introducing LEOPARD BEER I 1982 Brussels Gold Medal ft Winner Time 4.30pm 7.30pm 'TZft (Mon Sat) i-—■-/I SINGAPORE i_i I Jeninsura note! Coleman Street I204 words
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Advertisement295 1983-06-29 12 ml i nn 01 Happiness Great live entertainment at the Inn of Happiness, Tbp of the Hilton. Nightly atlo3opm. 20June-lJuly Diners at the Inn of Happiness Cover charge, only $17.50. Non-diners, $37.50 per person (inclusive of one cocktail). ,4 /0% Sertice Charge jnd (ioiernntent Tax will be added A Oregon295 words
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Advertisement225 1983-06-29 12 B (Resort lo our Qfouperb (Cuisines <Tljr fflrballton f1... /i„:n f 14 (Prill I I real \ourself u» our iamiius Prime Rib beef in town st'rvcd on a Silver Wayon. Inumd to the li\c entertainment provided b\ the Filipino band the'Corpu/ I rio' from 7:3opm u» 1 1 :30pm Illi"225 words
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INTERNATIONAL STOCKS
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Article1300 1983-06-29 13 NEW YORK WALL STREET stock prices closed sharply lower on Monday as investors exhibited more concern about the apparent upward trend in interest rates than relief over the latest drop in the US money supply. The Dow Jones Industrial Average ended off about 12 points at 1229.47,1,300 words
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Article177 1983-06-29 13 JUNE 27 Frs GROUP B CORBEILLE 10 Carrefour Flnanclere de 1200 M «0 -17 28 B S N Gervals 1847 37 Lafarfe 290 1221 unch 1 C S F (ThomaonCaf) Cle Francalje des Petroles Credit Foncler De France Hachette (Llbralrte) Machines Bull Mlehelln (B) 184 196 420 1112 3#177 words
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Article82 1983-06-29 13 JUNE 27 Aeg-Telefunken BASF Dm 74.80 ISO.80 141.30 383.70 ***** -0.4 1J 05 Hoechsl Hoesch Horten Karstadt KHD ***** 50 80 ***** 258.50 ***** 0.2 03 unch 05 -03 BMW Commerzbank Conll Oumml Daimler-Benz Degussa 9.2 0.8 Llnde Mannesmann ***** 155 50 *****B -13 08 572.30 5J Rwe ST82 words
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Article61 1983-06-29 13 JUNE 27 2370 -30 5070 -10 5000 120 Ryl Dutch 2385 15 Sidro 1605 35 Arbed Astur 1280 468 unch 3 Soc Gtn Belg Softna 1775 4070 20 36 Braxcan Canpac Cock D* B«rs 1372 2045 182 481 2375 SO 17 11 5 V Mont CASH 3760 MARKET 11061 words
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Article191 1983-06-29 13 JUNE 27 Francs Action* Sulsaes 287 -1 Alusulsae Br 751 8 Aluiulue Reg Brown Bowrl Br 270 2 1280 -10 Clba Oelfj Br 2035 -290K Clt* Gelfy P C isas 5 Clb« Qelgy Reg Credit Suliae Br 812 2020 25 Credit Suliae Reg 387 4-2 Elektrowttt Br. 2806 unch191 words
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Article73 1983-06-29 13 JUNE 27 Lire Butogl 230 anch Bel Central* Ord 1900 10 Cond Acqua Roma Erldanta Flat Ord 3120 70 General! Olm Ifl Priv 5001 81 Invest Italcemenu Ord ***** unch Le petit Ord 9B8 Mediobanca M llano Asa Ord Mondadorl Prlv Montedison M550 J 2800 180 -f Olivetti Ord73 words
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Article383 1983-06-29 13 PRICES yesterday retreated on Australian share markets as investors reacted to lower metal prices and the weakness on Wall Street on interest rate fears. At 1500 hrs the All-Ordinaries Index was 6.3 lower at 604.2 with the All-Resources 10.2 down at 492.1 and the All-Industrials 1.3 off at383 words
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International ROUNDUP
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Article109 1983-06-29 13 board of directors on Monday approved the partial reorganisation of the firm's overseas group in an effort to shore up GM's international operations. Mr Barton Brown was elected vice president in charge of GM's Asian and African operations. Mr Brown has been executive director of Asian operations109 words
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Article97 1983-06-29 13 has sold its 38.36 per cent interest in retailer Grace Bros Holdings Ltd to Myer Retail Investments Pty Ltd for about AsBo million under terms of Myer's takeover offer for Grace. Myer said it now held over 98 per cent of Grace and would extend its97 words
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Article66 1983-06-29 13 is plan- ning a three for one stock split and an increase in authorised common shares to 100 million from 50 million. tThe split is expected to become effective in the middle of August, subject to shareholder approval. Lockheed's directors authorised management to initiate necessary actions to obtain66 words
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Article82 1983-06-29 13 said it will not proceed with its offer to buy the outstanding shares of Canadian Tyre Corp Ltd. Chairman and chief executive officer Paul Pare said in a statement that Imasco was disappointed with the reaction of Canadian Tyre's senior management group to the offer. "We stated at82 words
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Article84 1983-06-29 13 a Japa- nese truck producer, said it will supply Erf Ltd of the UK with components and parts to produce trucks with seven ton loading capacity in Britain. A formal contract is expected to be signed in July or August. Hino will supply 40 per cent of84 words
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Article201 1983-06-29 13 JUNE 27 AKItiKI C* 25 n unch Hud Bay Mln Imp Oil 15 3S'-> 17^ -1H Alcan 38% -h Int Prov Pipe 2ft unch Algoma 32S »S 42S 26 V, unch unch Int Uta 11 28. Bank Nova Scotia Bell Tel InU Nickel Kerr Add 17H BP Can Ltd201 words
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Article292 1983-06-29 13 JUNE 27 Rand INDUSTRIALS Trust bfc Un Steel Unisec Wool worth 200 «7 1250 unch -J 5 unch A Alpha Abercom AE And CI Amaprop AMIC MO 290 000 MO J4J0 30 S -10 3D unch Anglos Anglvaal MININGS 2485 7200Sxd 456 Barlows 1375 unch Blyyoors 1900xd -150 C292 words
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Article213 1983-06-29 13 JUNE 27 Fli ABN 382 00 05 Ahold 150 SO 0.5 Akzo 68 40 1 AMEV ***** -1 Am fas 78 50 -05 Amrobnk 62 80 0.3 Bergoss Berk 27 70 un«*h Bols 92 10 -29 Borsucer ***** 4 2 Bosk a 48 00 0.8 Burtet 51 00 0.7213 words
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Article370 1983-06-29 13 HONGKONG THE stock market yesterday eased to close on the day's low reflecting late selling by a local brokerage house. Trading was thin and slow most of the day. Prices were overshadowed by the strength of the US dollar which depressed the local dollar to 7.20/22 from370 words
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Article506 1983-06-29 13 SHARE prices yesterday closed sharply lower on heavy profit-taking in blue chips and populars triggered by the Wall Street decline on Monday and the weaker yen. The market average lost a provisional 61.80 to close at 8,838.24 on a volume of 530 million shares. The Tokyo506 words
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Article120 1983-06-29 13 SHARE prices yesterday closed easier on a turnover of 3.11 million pesos, down from 5.62 million on Monday. JUNE S Pesos Acoje Mining Anglo Phil A pel Mining B 0 015 unch Atlas Con B 38 -0.5 Bagulo Gold 0 0031 -0 0002 Basic Petroleum ***** -0 0006 Benguel120 words
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Article204 1983-06-29 13 SHARE prices yesterday closed mostly lower in quiet trading. The Book Club Index dropped 0.44 points to 124.95 on a turnover of 51.6 million baht with over 310,000 shares traded. Jalaprathan Cement, Siam Cement and Maboonkhrong fell two baht each to 177, 371 and 126 respectively while Berli Jucker204 words
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Page 13 Advertisements
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Advertisement394 1983-06-29 13 Software Development Training Centre (the official NCR Training Centre for Singapore) offers DEVELOPING COMPUTING SKILLS (Day Sessions) A. Computers in Business 2-3 July 1983 Ss3oo B. EDP CONCEPTS 4-7 July 1983 Ss4oo C. Introduction to Business 8-10 July 1983 Application Cobol Ss4so D. Microcomputers in Business 12 July 1983 How394 words
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Advertisement47 1983-06-29 13 m Z=rr. IWhen you're with someone special. Make it the Chesa. > V The finest selection of Swiss I and Continental cuisine anywhere. Soft lights, sweet music and in a truly intimate atmosphere that'll make any evening special. jSTJv The Delicious Solution SI) /tar#/ €'<7uararia/ \jk&J SINGAPORE H47 words
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3429 1983-06-29 14 BH) 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 AU Times Settlement Contracts are quoted after3,429 words
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Article3493 1983-06-29 14 IMS Hick Low Coapaay Last Sal* +orGr*« Div DW CTT Gr"e YTd Net P/E Vol (•000) Day Hi«k Low SECTION ONE INDUSTRIAL COMMERCIAL 286 364 366 306 410 120 272 247 268 660 520 535 1400 536 340 545* 870 444 472 1040 290 985 680 2903,493 words
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Article2231 1983-06-29 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets In IoU of 1,000 units unless otherwise specified. DfIKHRIAU AjMMte (3.408) Ai«MB (2) 3 60 (9) 3 56 (II) 3.542,231 words
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Article787 1983-06-29 14 THE local market eleaed easier yesterday m the expected beeat frem Wall Street iM aet materialise. Market iherven said seme lavesters may also be selttag ta sqaare pesitleas aa the settlement tradlag period cornea te aa end tamarraw. TV Baalaesa Tlmea Composite ladex feU Iffl pelata787 words
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Article450 1983-06-29 14 POOR overseas markets caused share prices to finish mixed on the Kuala Lumpur stock market yesterday. After opening on a barely steady note, prices drifted listlessly on lack of buying support. Afternoon trading saw some bargain-hunters moving in to push selected counters to steadier450 words
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Article182 1983-06-29 14 Managers' prices f«r June 9 SINGAPORE UNIT TR18T INCOME BOND UNIT (Cwreat prices) Income Bond 1.41 DIAMOND MOT STORE May Diamond Spore Fd(USI) 0.56 St 114 MARA BI MIPITRA The ComiMm 3.39 3 60xd The Savings Fund 2.02 2.14 S pore Prog Fund 1 55 1.64 S pore182 words
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COMPANY NEWS
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405 1983-06-29 15 THREADMAKERS J&P Coats (M) Bhd (JPCM) expects to make a pre-tax profit of MJ562.000 for the year to Dec 31, 1983, after the completion of a restructuring scheme which will see it going into finance through its acquisition of Leong Hin Finance.405 words
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Article281 1983-06-29 15 LARUT Tin Fields has identified retailing, plantations and finance as key areas for diversification and expansion. These are the three sectors which the group considers to have good growth potential, according to Larut chairman Siew Nim Chee in his latest annual statement to shareholders. Last281 words
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Article698 1983-06-29 15 Market Talk... LONDON-based stockbroking firm, Simon A Coates, has made a strong recommendation for the purchase of Development Commercial Bask Bhd, which is obtaining a listing on the Kuala Lumpur Stock Exchange. It said that the issue, which is being offered at MJ1.30 per share,698 words
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Article286 1983-06-29 15 SELANGOR Dredging Bhd continues to be affected by the export restrictions on tin, as evident from its unaudited pre-tax earnings which fell 37 per cent to M 56.49 million for the year ended March 31, 1983. Turnover declined 11 per cent to 115.77 million. The company's earnings286 words
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374 1983-06-29 15 MALAYSIAN Feedmills Ltd managed to shew a small group operating profit of M 5141,999 in I*2, la spite of trying times daring the second half of the year. The groop, which suffered a hefty loos of $9.93 million la 1981, staged aa eaeearagIng recovery374 words
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394 1983-06-29 15 JOHAN Holdings Bhd, which is continually looking out for investment opportunities, has identified the financial services sector as one area, says Johan chairman Mr Tan Kay Hock in his message to shareholders. Mr Tan points out that organic growth, together with rationalisation of existing394 words
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Article220 1983-06-29 15 KRAMAT Tla Dredging Berhad: Fifty-Fourth AGM to be held at the Conference Room, Malaysia Mining Corporation Berhad, Wisma Bunga Ray a, 152, Jalan Ampang, Kuala Lumpur on June 29 at 10.30 am. TRONOH Mines Malaysia Berhad: Seventh AGM to be held at the Conference Room, Malaysia Mining Corporation220 words
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Page 15 Advertisements
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Advertisement197 1983-06-29 15 "One of the most strongly capitalised banks in the world? R. Leigh-Pemberton, Chairman A International business enjoyed further growth in 1982 and contributed 36% of the Group profit before loan interest. A International trade finance has grown substantially in importance over recent years. We continue to give priority to this197 words
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Advertisement112 1983-06-29 15 This announcement appears as a matter of record only June 1983 Harilela Hotels (Singapore) Pte Ud. $$60,000,000 Variable Rate Fixed Payment Facility to finance the Park View Holiday Inn managed by Morgan Guaranty Pacific Limited Singapore International Merchant Bankers Limited The Bank Of Nova Scotia Group provided by Associated Merchant112 words
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Chief Price Changes
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Article158 1983-06-29 16 Rises Indices Public Corp 488 38 June 27 June 28 Johan Hldg* CASH 50« Temerloh Johan Hldg* A 900 785 520 800 35 35 32 30 BT Composite: BT Indicator: ST Industrials: 944.74 *****0 973.01 938.36 *****8 965.45 H Leong Credit 605 30 ST Finance: 2571.98 2577.69 M A158 words
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Article, Illustration139 1983-06-29 16 Rises Indices June 27 June 28 Inch KK 1300 100 MBT Index: *****74 *****14 Utd Est 650 +67 NST Industrials 1347.91 1341.03 Temerloh 570 +50 50 NST Finance: 2480.02 2473.07 IAP 630 NST Hotels: 659.51 659.13 Kluang Johan 'A* 1250 996 50 45 NST Properties: 1034.58 1045.73 NST139 words
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Article48 1983-06-29 16 H.K.HANG SENG Monday 610.6 Week Ago 595.5 Monday 956.64 Week Ago 958.62 FINANCIAL TIMES INDUSTRIALS AUSTRALIAN INDUSTRIALS Monday 725.7 Friday 726.1 Week Ago 727.8 Tuesday 743.2 Monday 744.6 Week Ago 737.5 ALL ORDINARIES Tuesday 604.3 DOW JONES AVERAGE INDUSTRIALS Monday- 1229.47 Friday 1241.69 Week Ago 1239.1848 words
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Article493 1983-06-29 16 CHAN OI CHEE - ■Hill Companies Editor: Mano Sabnani By CHAN OI CHEE HWA HONG Manufacturing, which is slowly coming back on the profit trail, has announced separate rights and bonus issues to raise more funds. The edible oils manufacturer proposed yesterday to increase its paid-up share capital493 words
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199 1983-06-29 16 KEPPEL Shipyard is to buy a 10- per cent stake in National Oxygen Pte Ltd, a joint-venture company being set up to produce industrial gases. Yesterday, National Iron and Steel Mills, the majority shareholder with a 51 per cent interest, announced that it199 words
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Article355 1983-06-29 16 TIME Engineering Bhd is seeking a listing on the Kuala Lumpur Stock Exchange. The public offer from Time Engineering is expected this week. The public flotation of Time Engineering will be the sixth so far this year and follows in quick succession that of C355 words
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Article178 1983-06-29 16 MALAYAN Flour Mills Bhd has realised a surplus of M 527.55 million from a recent revaluation of the company's land and buildings by the government valuer. Approval has been granted by the relevant authority to incorporate the values in the company's accounts, and the directors have decided178 words
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399 1983-06-29 16 THESE will be m settlement trading la the sham •f a amber sf cempaaies which reeeatly a—Bad beau, righto aad ether lanes la the aew settlement trading perlad beginning this FrMay. Ameag the eenpaales affected are Fraaer A Neave, Intra*», Shell (POM)399 words
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Article49 1983-06-29 16 MALAYSIAN Mmm Cm BM: For the six months to March 31, 1963, group pretax profits stood at M 550.13 million ($50.91 million previously). Group turnover was $373.85 million ($326.84 million). Directors have recommended an unchanged interim dividend of 13.5 cents per share less tax, payable on Aug 29.49 words
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Article686 1983-06-29 16 Taking Stock... Hock Lock Siew EVER since the Cathay Organisation in Malaysia sold 30 per cent of its equity to bumiputra interests, represented by Permodalan Nasional Bhd (PNB), and ever since Malaysian Prime Minister Dr Mahathir Mohamad revealed in 1960 that Shaw Organisation had agreed toHock Lock Siew - 686 words
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Article231 1983-06-29 16 BOTH Paa-Eleetrie Iadnstrlea and Ambassador Hotel have been questioned by the Stock Exchange of Singapore in connection with their Joint takeover of Orchard Hotel and, in the former's case, its purchase erf additional properties in Tagore Avenue. The SES wants to know how the cash considerations will be231 words
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Page 16 Advertisements
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Advertisement224 1983-06-29 16 London stocks on page 11 A 3-day workshop with m -b M +7 O J V t Y m u July 13-15, 1983 9.00 am to 5.00pm Singapore July 19-21, 1983 9.00 am to 5.00pm Kuala Lumpur THE NEED The Catalytic Instructor does not just impart information. Trainees must learn224 words
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Advertisement188 1983-06-29 16 J Intimus 405 This mode) disposes your COMPUTER PRINTOUTS, design drawings, office documents and etc It shreds at a speed of 100 ft per rmnute Fitted on castors, this model is compact and easily mobile SSHHHHH! TOP SECRET! Intimus 007-S, the ultimate paper shredder reduces ten sheets of highly confidential188 words
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Page 16 Miscellaneous
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Miscellaneous58 1983-06-29 16 msmmm OUTLOOK for today: Showers in few areas in the morning. Report for 24 hours prior to 7Jt pan on Jim 27 at the airport: Maximum temperature 32.5 Associated humidity 64 Minimum temperature 26.0 Associated humidity 98 Hours of sunshine 3.90 Rainfall in millimetres Nil Total rainfall for the month58 words
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SHIPPING TIMES
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311 1983-06-29 17 Fairplay THE president of the Japan Ship Exporters' Association has affirmed that the industry is taking steps to reduce its operating capacity. A cutback of 30 per cent is projected for the 1983 and 1984 financial years. The measures are being taken inFairplay - 311 words
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Article, Illustration450 1983-06-29 17 JUNE LIM - By JUNE LIM ORIENT Overseas Container Line and Willine have entered into an agreement to operate a joint service between the Far East and Middle East. The joint service will be effective from August. It will be maintained by eight ships450 words
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PORTSIDES
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Article58 1983-06-29 17 AFP THE Ethiopian Shipping Line is to receive loans from the National Westminister Bank totalling over £12 million, towards the purchase of two merchant ships from Britain, it was announced. The shipping line last March ordered two general purpose freighters of 10,500 tons each from theAFP - 58 words
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Article45 1983-06-29 17 Reuter MEMBER lines of the Japan/Puerto Rico and Virgin Islands Freight Conference said they will not implement the planned bunker surcharge increase scheduled for July 1 announced earlier. The surcharge, due to rise to $15 per revenue tonne, will remain at $12. ReuterReuter - 45 words
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Article784 1983-06-29 17 SklppiigUae Page Cw Aim V 4 Ahrroldrl Liner VI s All trans vn 4 A An Lara Shpf VI X 4 APC Linr AFL Aqua 1 Im Arabian Bulk AigtaUar A9CL Asubrokrr Ada Mrrrhsat Atlas Ubh Aiataata Liar Australian Coat VI m X IX IV m V784 words
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Article753 1983-06-29 18 AFP TRADING was seasonally subdued on the freight market last week, with charterers and owners fencing with each other over rates. On the one hand, grain charterers in the transAtlantic trade, (USA/Europe) were offering only $7/ton for prompt loaders in the 50/70,000 ton range out of the USAFP - 753 words
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Article1575 1983-06-29 18 CHARTERING on the freight market was reported quiet on Monday with prices overall unchanged to easier, brokers said. The grain market featured a couple of 30,000 ton maize cargoes out of the River Plate and/or Buenos Aires to Iran at U5531.50 from River Plate or $30.50 from Buenos1,575 words
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835 1983-06-29 18 Lloyd's List DEVELOPING and developed nations are still far apart on shipping issues being negotiated in a closed door "contract group" at the United Nations Conference on Trade and Development in Belgrade, although the Third World has reportedly dropped its demands forLloyd's List - 835 words
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Article66 1983-06-29 18 Reuter CSR Ltd subsidiary of Austocean Pty Ltd ordered a 23,000-tonne-deadweight bulk carrier from Hyundai Heavy Industries Co Ltd of South Korea for delivery in AOj, gust or September next year, CSR said. CSR said construction toexpected to begin in October. The price was not dis-"Reuter - 66 words
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Article195 1983-06-29 19 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. NepHine Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia /Straits195 words
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362 1983-06-29 19 SEA-LAND Services, which introduced a westbound service in the North Atlantic to Halifax earlier this month, has started an eastbound service from this east Canadian port to Rotterdam and Bremerhaven. Mr Kenneth Johns, SeaLand's president, said the carrier will use three D-9 class container362 words
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237 1983-06-29 19 THE International Longshoremen's Association, AFLrCIO and seven major waterfront employer groups in the US Atlantic and Gulf Coast seaports have completed a record early settlement of a new three-year industry wide Master Contract. The agreement was reached after only four days of negotiations237 words
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226 1983-06-29 19 THE future of Cast's bulk shipping operations remain in doubt but hopes rose that they would continue. The Royal Bank of Canada, a major creditor, has pledged to keep the container operations from Northern Europe to Canada in service. "The Cast container group has been a226 words
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4935 1983-06-29 24 SCHEDULE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of4,935 words
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Article748 1983-06-29 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Location Ned Colombo 3605F 30.6.83 1500 Ned-E AC TA3 1400-1500/0100-000 L8/L8 Aust Star 0610 30.6.83 0900 Austasla FSB 1000-1200/1900-2100 J2/J2 w K Gavrtlov 21BE83 30.6.83 0900748 words
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Article1796 1983-06-29 25 The leading shipping lines operating from local ports and their agents. A-B Adriatic Caatatarr Continental Feeders (S) Cargo Freight (PK). AFEA African Shipping Agencies (S). Afra-Earaala Um Tranagroup (S). AkreakM User Service Kim Shpg (S). Alfred C Taepfer Sea Conaortium (8)/ Marintex Enterprise (PK). AlpM Intrasea1,796 words
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Article506 1983-06-29 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Builder m 22 Thong Soon alongside 29.6.83/0700 Ganga 6/7 Wallem alongside 29.6.83/0700 Glory Duck 37/8 NAPL alongside 29.6.83/1500 Kannlkar 33/4 Leo alongside 29.6.83/2300 Kota Jasa 10/11 PIL alongside 29.6.83/0600 Kwang Chow 8/9 J Manners alongside 29.6.83/1500 Perils506 words
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Page 17 Advertisements
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Advertisement516 1983-06-29 17 Everett Lines F0« THI MOST FREQUENT SAILINGS TO Bangkok hong kong japan busan Chittagong Calcutta •CHALNA Rangoon BUENOS AIRES CALLAO MATARAM Everett Steamship Corp it. S/A Clitloid Centre Singapore 1 Tel *****/9 36. Beach Street. Penang Rm 36 103 OC6C BWg Tel *****/3 Port Ketone Agents Harrisons CrosfteW Tel *****1/4516 words
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Advertisement195 1983-06-29 17 OSEALORDU UASC UNITED ARAB SHIPPING CO (SAG) 111* II .Ul aikia. iiiii EXPRESS MULTI-PURPOSE SERVICES TTI-:Tr.l'j Kuwait (24/7), Shuaiba (27/7). Jubail (30/7). Dammam (1/8). Doha (4/8). Dubai (6/8). Abu Dhabi (7/8) I FULLY CONTAINERISED SERVICE Iraq cargo acceptable intransH Accepting LCL cargo tor Dubai, Kuwait, Bahrain, Dammam, Mina Qaboos, I195 words
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Advertisement18 1983-06-29 17 LONDON Freights WEEKLY Freights CONSORTIA SHIPPING Sehedule WHO Acts for Whom CONTAINER Schedules SHIPS In Port REGIONAL Weather18 words
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Advertisement600 1983-06-29 17 I 0 IRAQI LINE IRAQI STATE t«Tf*H«lS{ TO* MARITIMI TRANSPORT SEMI-CONTAINER SERVICE BAGHDAD AQABA All other Iraqi destinations with through B/Ls I I 1 Agents: I' Ji UNIPiCiriC TRANS I TRADING AGENCY PTE LTD TEL *****4 (5 LINES) SINGAPORE *r MAERSK LINE EXPORT FULL CONTAINER TO: U.B. PACIFIC, OULF, ATLANTIC,600 words
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Page 18 Advertisements
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Advertisement406 1983-06-29 18 FAR EAST/EUROPE CONTAINER SERVICE To Europe Feeder From Eur Mm >cn>>n Far: 1) Barcelona. Genoa. 2) Amsterdam Antwerp. I Havre, Basle. UK. 3) Bremen Bremer ha »en Aarhus Copenhagen Helsinki 4) Mai mo Stockholm Oslo "Accepting Europe carp) tor feeder via S pore 'Also dwett cargo for Spore I Bangkok406 words
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Advertisement407 1983-06-29 18 K m Y.S. LINE yAmashita-shinnihon line CONTAINER SERVICES USA/CANADA Maft* TSL LA/U OM S KASHU a/7 T MIASM M 31/7 3/1 n MUJt 12/7 14/7 11/7 QMIS C/l lorr *g u/7 i>/7 a/7 ma Aho jcceptrt LCI C*fO m/ix *22/131 31/332 *14/333 cirp to Ma I Ate Oh* CONVENTIONAL SERVICES407 words
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Page 19 Advertisements
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Advertisement888 1983-06-29 19 The Straits Steamship Group occ Overseas Containers Limited CONTAINFRSHIP SERVICE TO UK CONTINENT Sfn PM* M/ 7 (S/7 12/7 M/ 7 11/7 M/ 7 25/7 17/7 M/t M/t 11/1 11/1 19/1 n/t si a/i m/» m/s am rtai U Haw* Stv a/7 a/7 si/7 a/7 (VI M/l M/l 11/1 11/1888 words
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Advertisement535 1983-06-29 19 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAN, BRUNEI AND SARAWAK FREKHT CONFERENCE vL'jdCH i IJJ^TT CONGESTION SURCHARGE PORT SAID The member Lines of the above Conferences have been monitoring the berthing situation at Port Said and have reported and agreed on the foNowing:PORT SAID: In view of the considerable delays being535 words
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Page 20 Advertisements
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Advertisement724 1983-06-29 20 FXPORTS I S pore P KelangPen leuoe* Genoa H burg B haven Rdam Mar settle leuoes Franktwt Eipress Hong Kong Eipress Ebe Maru Bremen iipress Tekao Eipress Kowtoon Bay City o4 fMwtH Connecting in Tokyo "Also occeptmg corgo tor ATLANTIC GULF PORTS via minilondbndgr ond US MID-WEST by microbndge" FROM724 words
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Advertisement424 1983-06-29 20 ssa IK. S.LINE CONVENTIONAL SERVICE To/From BUSAN S TOM PMIANG VtGA 117*/ll# »10Mt SUMT OCtAA 07W 27 29 Mr *-31 FULLY CONTAINERISED SERVICE If) EUROPE Vl* SLKZ Mfmtifi o' thf Ait Consortmro FROM EUROPE Vl* SUE/ 1 Memtw ot the Ace Conwtium KOKAN OMNCt IS ORENTAi. CHEF 341 CJCVALO PAU.424 words
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Advertisement624 1983-06-29 20 EVERGREEN LINE FAR FAST FUROPF CONTAINFR SERVICE ACCEPTING FCI I LCI CARGO FOR: SfiP PHI HK fll ROM ANN IHV E.« Vifoi 4 7 21/1 a/1 31/7 1/1 J/| {•«Cui4 14 1 14 7 tl lit 1(/| u/i Ew. inknf 2J 1 21'7 IS/I 17/1 JJ/l aeso *carinG ia fa624 words
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Advertisement710 1983-06-29 20 Everett Lines! Burma Five Star Shipping Corpn. jßk "BURMESE NATIONAL LINE" LOADING FOR RANGOON HMNIANYNA lASHO PAGAN Hi OH TWO P Kctenf Ptfunc 10/11 U S/9 M BFS S C Agents <n Matorua BOUSTEAD SHIPPING A TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG Va *****1/8 J Company Argentina D« Karaaacion imrtcammtntM710 words
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Advertisement320 1983-06-29 20 T US I NOSE V© MARITIME PTE LTD SUN UNION LINE KARACHI SERVICE PKELANG PENANC «GORANGE 3Wy 4J-y SOUTttRA CROSS I 4 uy 5|K BMNC LOAD FOB' 4 July KaradT 5My 4s-Z H» I KEIMG PENANG SMOS MMHTM PTE LTD m *****44/7 ft *****71 WOMje SANAY SMPPMG COMrwrr IU *****52/3320 words
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Page 21 Advertisements
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Advertisement932 1983-06-29 21 PIL GROUP VCBBCLS VOYAQC SINGAPORE LOADING FOR: KOTA WANGI E-44# 3/5 JULY HOOCIOAH, JEDOAH, AQABA. RTBUOAN KOTA WIS AT A E-447 •/•JULY HOOCIOAH. JEDOAH, AOABA, PT SUDAN KOTA SEGAR E-453 2S/2 AUG HOOCIOAH, JEDOAH, AOABA, PT SUDAN KOTA MUTIARA E-459 9/10 AUG HOOEIOAH, JEDOAH. AOABA, ADEN KOTACEMPAKA E-457 10/13 AUG932 words
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Advertisement580 1983-06-29 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE shmits (utoff 10 f UWOPt PNC SPORE PKfIANC UK HAM B HAVIN ROAM HAVRE [i**rpo*t Bay 27/S 4/7 5/7 a/7 25/7 27/7 71/7 31/7 EraMAat Eiprati V 7 12/7 U/7 1/1 3/1 VI 1/1 VI Haafkant Eiprrss 14/7 U/7 28/7 7/1 VI580 words
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Advertisement570 1983-06-29 21 P.T. DJAKARTA LLOYD Indonesian National Shipping Line TO US* WEST/ EAST COAST II GULF PORTS (FUUT CONTARERISED VESSELS) STORE IJt HOUSTON SAVAMIAH WW TOW BAITBMK lAVMMTA toy m 9/7 27/7 13/1 K/l 19/t mamtaht mb mi x/« 7/1 n/» is/» vn Aha Kcaptanf cMft t» Maatrcal GaKwtan N Mum Chirtntan570 words
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Advertisement629 1983-06-29 21 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT MEADOWBANK IVYBANK SPORE R OAM HULL HMBG 3 Jul 26 Jul 29 Jul 1 Aug 23 Aug 19 Sep 21 Sep 25 Sep LykesA Lines U.S. GULF DIRECT SERVICE f'om tola f LOUISE LYKES SM J GENEVEVE LYKES 1/7 RUTH629 words
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Page 22 Advertisements
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Advertisement1274 1983-06-29 22 tau. \I K line KAWASAKI KISEN KAISHA, LTD. express container service NEW YORK/E. CANADA msa kssei stone mother *ssti tokyo rrow sxiah si nm A PIONEER V 22 !W (»V BROGE V 64 II M 15 Aut 17 Au» 21/S/ ASIA STAR Vl3 8 Jul TNEW JERStY MAJttJ V 671,274 words
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Advertisement209 1983-06-29 22 E CHAR CHING MARINE CO LTD s? CfJJk'fz USA WESTCOAST FULLY CONTAINERISED SERVICE FEEOER VESSEL STORE MOTHER VSL HK6 LKACH OAKLAND SEATTLE HONGROMEVKSS MM CNMMM ISM MMB MMS 11MG MODI EOTESS 12 M TE LAM 25 M It MR lIMK 21 MK KOM.OON BAT 23 M CNM CMK MMK 27M8209 words
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Advertisement496 1983-06-29 22 »m Ma4rai/N«l4a/ 30/31 M| WEST ASM GULF SERVICE M/ 30 Mi 31 Mr AFRICA SERVICE S««apor P Heitnf S/«*M toMmj tor M*wto Mom D*t 1(2 4/7 Ml *n ISS— 25/21 M| *1 IM 15/11 tot Nmi lto*«s I M| «M| 14/11 M| 30 M| 4/t My H 20 A«* ft/n496 words
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Advertisement477 1983-06-29 22 korins maritime SERVICES ,75 114 Anson Ro»d. #18-01, Tun»s Building Singapore 0207 T»l: *****22 A *****07 P Kelang Trl: *****1/8 SEA/PERSIAN GULF/MEOITERRANEAN SERVICES HAEWOO NO. 5. HAEWOO NO. 2. HAEWOO NO. 3. S pore Loadng For: 1 My Benghazi/Tripof 5 Aug Asub/Mexandru/Benghaa/Trpai .30 A«| Asub/Atoiandria/Bengturi/Tripol ASIA MERCHANT MARINE BfM -C477 words
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Advertisement734 1983-06-29 22 INTRASEA (PTE) LTD. kif ha/o, I ine s BmatA&iA-iLxafß! BREAKBULK SERVICE TO EUROPE/UK Spore P. Kdvf Loodtof lerKRONOS BBI3SOS 2My ft DAM/UK (AVON) ANANXL PEACE *****01 21 My 23 My -T-^ Stinci 1«1W «My alSj" 1 MURITUVDURSAN »«Ml Uo4h| it Kota Koiafcofc t-I r S 7*" gg*»A <WF) 118 MOMt734 words
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Page 23 Advertisements
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Advertisement676 1983-06-29 23 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A tht kCf TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia C ROZE S pore Closing Times: Fa Cargo 1200 1/7 LCL Cargo 2359 30/6 FROM EUROPE (VIA SUEZ) K CHANCE 12E 0 CHEF 34E C PAUL 35E C COOT MO 2 1E... HK676 words
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Advertisement491 1983-06-29 23 IHEUNG-A SHIPPING Korean Flag Vessels DQfIAM SEMI CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. BUSAN INCHON lb 7 Dmm/NU 7 Ommr/NM lb Dwmk/304R Own/Mill SEMI-CONTAINERISED DIRECT SERVICE TO CHITTAGONG, CMALNA. CALCUTTA Stmt H KM MX MCHON BUSfW Sk W 1/7 11/7 kW 2/7 4/7 tXSCHMGMG OUT 9 «/7 2/7 4/7 U/7491 words
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Advertisement816 1983-06-29 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SJNSOV BULGING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS 2510S P KEL AUG PFNANG M/S SHAMMT WAH SOON SON. BHD IST AND 2ND FLOOR »*SS*S HW THONG S»»«NG 23816 words
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Advertisement94 1983-06-29 23 SOON KIAT SHIPPING PTE LTD 7 ™?L£^ tete 1,*****9 915 REGULAR SERVICES TO EAST MALAYSIA ETA ETO DESTHATK* 14/7 15/7 BmMu/K Belait/ltoara 15/7 11/7 Muara/lataian/Koli Kmakahi 4/7 S/7 SwtokM/Tawau 2/7 4/7 BmtaAi/K Betot h« 30/8 Ljhw/Kudwf 6/7 1/7 man/lttmm/tJk. •40 lons Herrict fita* Chambers iBl ,RWN r it ItoWMM lU»d94 words
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Page 24 Advertisements
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Advertisement523 1983-06-29 24 Itcjjional Coiijtsiiiier Lines SS Reliable Berthing PS A 1500 Regular Punctual 'rs Tuesday Saturday t*\ s/y F 4PORE ISLANDS LINE MID' OLE EAST REGULAR LINER S' pore PK Pnj LMdtaf for KUSU BUM) 2/2S Jul Dubai. Damran, Bafra KUSU ISLAM) it/22 hot Colombo, Karachi. EASTT MALAYSIA REGULAR LINER ■Specializing m523 words
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Page 25 Advertisements
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Advertisement22 1983-06-29 25 M ASTER FOREIGN GOING SEEKS POSITION EXPERIENCED IN: TUGS SALVAGE TANKERS BULK CARRIERS GENERAL CARGO LIVE-STOCK CARRIERS HEAVY LIFTS CONTACT TEL: J4MXW22 words
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Advertisement127 1983-06-29 25 ACCEPTING TIMBER FOR KUWAIT/DAMMAM 'A' VESSEL ETA SPORE 30 JULY FRATfc FRATfI SHIPPING PTE. LTD. World Trade Centre Stide 09 01. 1 Maritime Square Singapore 0409 lei *****04 IX R*****8 FRAIAS ATLAS LINES REGULAR HDODfKNT SERVICE TO AM) FROM CMTTMONG MS CHAi.HA SINGAPORE P KELANG PENANG AL SHAMKN (Bjn|Ud*sh Fla|)127 words
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Advertisement260 1983-06-29 25 XIONG CHUAN SHIPPING IS) PTE LTD 07-11, AFRO ASIA MMUMNQ, <3, ROBINSON RD., S PORE 0108 T«fc *****30; *****13 0 *****14. TELEX NO: R8 ***** KIONG' ETA ETD Destination Thai H« Ho 2 In ftrt 30/6 KucM«/llm*i/K. (mU> Hai Sunc Lm Nb 2 11/7 12/7 BMOi/Mri/Sbii Al vcsMb tMrtti at260 words
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Advertisement594 1983-06-29 25 SAFFORA LINE *ssa STOK LOAOM6 FOR AOCS rttt M rot! BANGKOK General Agents Greenwich Asso. ft Tptn. Me. Ltd. 2nd. Fir., Holly Bldg. 38-B Hong Kong Stroot, B'poro 0105 Booking Tol: *****05,91*086,*****08 MENG HORNG SHIPPING PTE LTD VSL NAME M.V "MENG HORNG" LOAOMG CHITTAGONG/MADRAS ETA 8/7/83 ETD STOtE: FOt ENQUIRIES:594 words
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Page 26 Advertisements
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Advertisement555 1983-06-29 26 HEAP SENG TRADING SHIPPING PTE. LTD. 13-01, 13rti floor. Golden Mile Tower, Beocti Rood, Smgopore 0719. Tel: *****44 TU R*****2 HEAPCO SINGAPORE TO NEST MALAYSIA SERVICE Voy ETA ETD Destmabon LANGS A 11/13 29/6 2/7 P KELANG PENAN6 SINGAPORE TO PHUKET SERVICE Accepting Reeter coatam: West Malaysia Agent Medlloyd EAC555 words
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Advertisement617 1983-06-29 26 EXPRESS SERVICE TO BANGKOK EUROPE/FAR EAST LINER SERVICE VSI ALTA* RMBA KERMG MANS ART ETA 10 My 10 Aug My ETO 12 My 13 Aug My Carp Bootmts tofc *****U/9. *****11 10 Anun ltd *22 08A International Plaja S parc 0207 Tatcs: RS ***** (TRASM) DISCH FROM HAMBURG/ ANTWERP HAMBURG617 words
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Advertisement384 1983-06-29 26 c.Y.Line (A member of the ACE Consortium) CHO YANG SHIPPING CO., LTD. FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) S pore P Keian{ Havre R Dam F'ttaM HW| Bf«« A CHVAICR RO2E V34R 2/7 3/7 21/7 22/7 24/7 26/7 27/7 21/7 WPTUW GARNET m* J/7 10/7 21/7 29/7 31/7 2/1384 words
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Page 26 Miscellaneous
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Miscellaneous164 1983-06-29 26 Regional Weather i i K. V. a? a K M >. 39 «r,l l H t* 9 IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Temperature Shower Weather s~S Wind direction with speed in knots V Ctaudy Sky Surface winds are Indicated164 words
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