The Business Times, 7 July 1983
1983-07-07
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The Business Times
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Title Section11 1983-07-07 1 BUSINESS TIMES M.C.(P) No. 67/1/83 THURSDAY, JULY 7, IKS 60 CENTS11 words
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370 1983-07-07 1 LEE YOKE MENG - By LEE YOKE MENG SINGAPORE investors will, in three months' time, have a new medium to participate in the fast growing international hightechnology business with a minimum investment of US$2,OOO, excluding management fees. Britannia International Investment is introducing a new fund built on a diversified portfolio370 words
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Article218 1983-07-07 1 UPI A PROMINENT Mexican bank, eager to attract capital, is offering what seems to be a fantastic opportunity to get rich, to earn US$3.4 million in 20 years with Just a 12,000 investment. That is a bold gamble considering that both the investmentUPI - 218 words
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Article, Illustration460 1983-07-07 1 JOHN LIM - By JOHN LIM OVERSEAS Union Finance (OUF) Ltd is planning to challenge the Monetary Authority of Singapore's petition to the High Court to have the company wound up but it may find that it has no grounds to do so. An OUF spokesman said yesterday460 words
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496 1983-07-07 1 LEE HAN SHIH - By LEE HAN SHIH THE device that drives a computer is turning into a multi-billion dollar export item far Singapore. Demand for the made-in-Singapore disk drives, which store and deliver data in computers, has been growing at a fast pace. By 1985, when all the496 words
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BRIEFLY...
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Article60 1983-07-07 1 AP SOLIDARITY chief Lech Walesa threatened to ignore a 2pm deadline to return to work yesterday, vowing to continue his unauthorised vacation "unless I am taken back by force". Although the shipyard has not decided on Mr Walesa's case, Polish law stipulates that failure to return from anAP - 60 words
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Article82 1983-07-07 1 Reuter THE Japanese Ministry of Finance has proposed a maximum 3.7 per cent increase in Japan's defence spending next financial year, the Ministry of Defence said. It had no immediate comment on the finance ministry proposal, which was part of preparations for a Cabinet meeting next Tuesday whichReuter - 82 words
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Article68 1983-07-07 1 Reuter THE Philippines' top 1,000 corporations posted a 61.54 per cent drop in net income last year, a survey by the economic daily Business Day said in Manila. Preliminary results showed income of the 1,000 corporations was 918 million pesos last year compared with 2.99 billion theReuter - 68 words
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Article52 1983-07-07 1 Reuter SOUTH Korean President Chun Doo Hwan appointed former Commerce Minister Suh Suk-Joon as Deputy Premier in a Cabinet reshuffle, a presidential spokesman said. Mr Suh replaces Mr Kim JoonSung and also concurrent Economic Planning Minister. The President also replaced Interior Minister Ro Tae-Woo with former Defence MinisterReuter - 52 words
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Article71 1983-07-07 1 AFP JAPAN is unlikely to make further concessions on trade imhabnwi at its consultations, now in progress, in Brussels with the European Economic Community, EEC sources confirmed. The discussions that began on Tuesday had hasirniiy consisted of each side reaffirming its position. The talks are due to endAFP - 71 words
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Article96 1983-07-07 1 Reuter TAIWAN has set up an ad hoc group to study the impact of possible changes in the political status of Hongkong, government sources said in Taipei. They said the group was appointed by Prime Minister Sun Yun-Suan as speculation mounted on the future of theReuter - 96 words
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Article51 1983-07-07 1 AP THE New York stock market headed higher yesterday morning, rebounding from Tuesday's broad decline. The Dow Jones Average of 30 Industrials rose 3.81 points to 1,212.34 in the first half hour. Gainers held a 4 to 3 lead over losers among New York Stock Exchangelisted issues.AP - 51 words
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350 1983-07-07 1 Reuter PRESIDENT Reagan's decision to impose four years of quotas and tariffs on imports of special steels to the US has drawn strong criticism from the domestic steel industry and the European Economic Community. It has also brought a warning that EEC members mayReuter - 350 words
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188 1983-07-07 1 Reuter HONGKONG* tm \mHmg that tiej"tw»'" autof their priaw rate by •m pteat te 11J per mat ta mv< rrfliinttag the la«f the hfti^kakU| V OnniM aad the (lirtiwi Baak S'ilSmii ZfSfJZ: irLiiihi"! 1 trs hrci hy ether haahe la the Heagheag dealeraReuter - 188 words
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Page 1 Advertisements
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Advertisement220 1983-07-07 1 Nikon THE Federal Reserve appears to be tightening credit but an increase in the discount rate is unlikely Page I SINGAPORE Airlines' unaudited profit after tax last year remained unchanged at $105 million in spite of a worsening of the world airline industry .Page 3 CONSUMER price inflation in the220 words
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Advertisement197 1983-07-07 1 v THE GRAND MONARCH. THE CLUB THAT it When the only thing between you and consistently good scores ate a tew strokes, you need a dub that shows you a little mercy. One that has been designed for higher and straighter shots. The Grand Monarch. Ifs designed to play well197 words
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Advertisement93 1983-07-07 1 f Call the one and only Dr. Sony any day of the year *****1 The Som Service Centre _.')`![?\@<{`?\_]}+,`]/!!..$<?^ r RIALTO a h I m The Bestof BALLY is to be fo«ind at the following authorised BALLY dealers. Bally Boutique ft Branches Champion Shoe Co. (Lucky Plaza) Chanrai Branches D'Jien93 words
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BANKING AND FINANCE
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757 1983-07-07 2 Reuter THE FEDERAL Reserve appears to be in the process of tightening credit, but speculation about an in- crease In the 8.5 per cent discount -< rate is premature, economists said. Fears of a tighter Fed policy mounted after last Friday's unexpected US$BOO millionReuter - 757 words
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Article78 1983-07-07 2 Reuter A FEDERAL Reserve Board spokesman said that the Senate banking committee has set July 14 for a hearing on confirmation of Fed chairman Paul Vokker. Mr Volcker, whose term expires in August, was reappointed to another four-year term by President Reagan on June 18. MrReuter - 78 words
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Article216 1983-07-07 2 NYT THE NOMURA Securities Co, the largest securities firm in Japan, and Marfan Guaranty Trust Co of New York have signed a basic agreement to set up a Jointly owned investment trust fund. The companies said that it would be the first of its kind inNYT - 216 words
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129 1983-07-07 2 Reuter THE PORTUGUESE Parliament on Tuesday approved a Bill opening the way for private investment in hanking and insurance, closed to the private sector since the wave of nationalisations that followed the country's 1974 revolution. The Bill opens up the previously banned areas of banking, insuranceReuter - 129 words
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88 1983-07-07 2 Reucer BORROWING by industrialised nations plunged in June, contributing to an overall decline in international borrowing, the Organisation for Economic Cooperation and Development (OECD) said in a communique. Total borrowing fell to US$10.7 billion from *12.9 billion in May and $12 billion in April. JuneReucer - 88 words
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Article103 1983-07-07 2 Reuter THE WEST German federal government plans a 1.6 billion mark loan stock over 10 years at 8 per cent with an issue price of 99.25 to yield 8.11 per cent, the Bundesbank said. Around 1.2 billion mark will be available for sale and the restReuter - 103 words
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331 1983-07-07 2 Reuter CLEARING bank sterling lending to the UK private sector rose by £878 million to £53.82 billion outstanding in the four weeks to June 15, the Banking Information Service said. The underlying rise, after adjustment for seasonal and other factors, was around £1.25 billionReuter - 331 words
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Article106 1983-07-07 2 F A L Singapore will soon float a local 5-year bond to raise funds (or its activities. Business Times understands the bond of between Ss2o million and 130 million bears an interest rate of 9.5 per cent. Lead manager N M Rothschild and Sons (Singapore)106 words
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312 1983-07-07 2 Renter SYNDICATED offshore loan volume to the Asia-Pacific region dropped 22 per cent to US$9.2 billion in the first half of 1983 from $11.8 billion in the same period last year, a survey by Asian Finance magazine showed. The magazine attributed the fall toRenter - 312 words
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Article213 1983-07-07 2 AFP CCIC Finance, the first joint-venture flnmviai institution between China, Japan and the United States, said on Tuesday that it had increased its authorised capital from HK$25 million to $100 million (from U553.57 million to $14.28 million). CCIC stands for the initials of its four partnersAFP - 213 words
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MONEY AND EXCHANGES
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Article507 1983-07-07 2 THE foreign exchange market continued to be quiet yesterday even though the New York market had opened after the Independence Day celebrations. Trading In all the currencies was cautious. Against the local unit, the dollar opened at 552.1300/ 10, a scant five points higher than the overnight closing507 words
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Article22 1983-07-07 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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Article172 1983-07-07 2 ASIAN ASIAN currency deposit Interbank rates as at close on July 6: U8 D*ll*ra<fW) Offer Bid 7 day* 9* 9« 1 month 913/16 911/16 2 months 915/16 913/16 3 months 10 9* 6 months 105/16 103/16 9 months 107/16 105/16 12 months 10H 10* Dm 8w.Fr*. 1 month 3 months172 words
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Article43 1983-07-07 2 RANGE of ark 3ss oder cd by discount houses oa July Csll deposits: S-l Clssiag 2-month Burtec Treasury bills JH 2H 3-month Bank bills S* S 3 months CD 7 7/16 7 5/18 0 months CD 7H 7* Source: National Discount Co43 words
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Article42 1983-07-07 2 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of 9165 million 91-day Treasury bills to be issued from July 11 to July 15. Each tender must not be for less than $250,000.42 words
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Article271 1983-07-07 2 GOLD FUTURES in Singapore yesterday closed steady to slightly higher compared with New York's level, after fluctuating within a narrow range in thin trading. Total sales for the day was recorded at 186 lots while kerb volume at 222 lots. Prompt closed little changed at U*****.50/414.00 an ounce compared271 words
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Article36 1983-07-07 2 Tmm Ma Mew York 11. <28 ckaed 11. #6 Zuricfe 11 MR 1L57B 11JC 11.C7S SUWon Vli Ttal 11J8B ll.CB U.«S 11SBB OMtacprk »tn US dollar* a troy ouac II Source: Credit Suisse, S'pore36 words
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Article40 1983-07-07 2 THE US dollar yesterday extended early losses against most other major currencies but trading was fairly quiet and dominated by technical factor. ratal yeeterday: (HK per 1): US 7.01/7.11 UK 10 78/10* Brunei U2 LM k.A»-T« >TPiPW—^ LjSlS ■IHIiVnn40 words
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Article64 1983-07-07 2 STERLING opened higher against all currencies yesterday morning after rising in the Far East. Opening quotes yesterday: US 1.5353 63 Can um/m Cross 1.2307/10 DMk 3.9400/50 D F1 4.4125/70 S FY 3.3620 660 B Fr coo 78.97/71.09 F FY 11.8275/430 Lit 2333.50 2336.00 Yen 367.50/368.80 D Kr 14.1530/665 N64 words
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Article101 1983-07-07 2 THE US dollar suffered a fractional decline against the yen on the Tokyo foreign exchange market yesterday, fining at 240.35, down 0.40 from 240.75 at Tuesday's finish. The US unit opened slightly lower at 240.60 backed mainly by domestic bank selling to adjust their long-positions. Shortly after the weak101 words
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Page 2 Advertisements
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Advertisement291 1983-07-07 2 OFFICE SPACE FOR LEASE ORCHARD ROAD VICINITY A wide range of office accommodation from 36 sq m (385 s1) to 990 sq m (10,662 sf) at rentals ranging from $43 psm (S4XX) psf) per month to $80.70 psm ($750 psf) per month (negotiable), inclusive of service charge. GokJhill Plaza GokJhill291 words
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Advertisement28 1983-07-07 2 Wonk-Oft-Ant ■I N m v. Frans Furniture (S) Pte Ltd, 400 Orchard Road #02-43 Orchard Towers. Singapore 0923 Te« 737 2244 Prcrns The label on every best-dressed office28 words
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TRADE AND INDUSTRY
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268 1983-07-07 3 CONSUMER groups in Singapore have been urged to support self-regulation in the advertising industry. The call for support was made by Mr Vince Khoo, president of the Association of Accredited Advertising Agencies (4As), yesterday when speaking at the 7th annual meeting of the268 words
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Article292 1983-07-07 3 JOHN LIM - By JOHN LIM SEME Darby's Hertz Rent-a-Car operation plans to spend $1 million this year to purchase up to 40 new vehicles to add to its existing fleet of 160. The company is also opening another rental outlet in Orchard Plaza and plans292 words
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259 1983-07-07 3 A LOCAL company has won a $2 million contract to supply formwork equipment for the Raffles City project. Multi-Corporation or Multico obtained the contract from Ssangyong, the contractor building the prestigious Raffles City. Multico said the contract to supply the eight sets of equipment,259 words
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121 1983-07-07 3 THE 1983 $10 silver proof coins will be released by the Singapore Mint on Wednesday. Only 20,000 pieces will be available. The coin, minted under the authority of the Board of Commissioners of Currency, commemorates the Tear of the Pig. It121 words
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Article, Illustration297 1983-07-07 3 OVERSEAS Union Bank has set up two new departments, the Overseas Department and the Retail Banking Department. The Overseas Department i> responsible (or correspondent banking. It is involved in the planning and coordination of overseas branch operations, except those in Malaysia. It is headed by Mr Chew297 words
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Article552 1983-07-07 3 WANG LOOK KEAH - By WANG LOOK KEAH SINGAPORE Airlines' unaudited profit after tax last year remained unchanged from the previous year at $105 ■"'Wm in spite of a worsening 1 of the world airline Industry. In fact its airline operations actually improved, doubling from $32 million in 1981-82 to552 words
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308 1983-07-07 3 A MAJOR international conference on insurance will be held here from July 21 to 22. The Second East Aalan Actuarial Conference, to be held here at the Shangri-La Hotel, will be organised by the Singapore Actuarial Society. This biennial conference, the first was held308 words
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141 1983-07-07 3 SINGAPORE Airlines has only to put up US$972 million for its recent acquisition of 11 new generation aircraft although the gross investment of the purchase is *1,432 million. This is because the sale agreements with Boeing and «T —k.— ,i, AUDus141 words
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Page 3 Advertisements
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Advertisement87 1983-07-07 3 I iM 4 I ~V <- <#* V p .<? v '*-v "V At the Baron's Table, intimacy reigns for a couple, privacy prevails for executives. Delicious, tempting courses are carefully conceived by skilful chefs. And from the Baron's Smokehouse, every other culinary variation is lent to make superb feasts.87 words
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Advertisement102 1983-07-07 3 Goldhill Square. Your solution to expensive traffic jams. If you're commuting to the CBD just think what it's costing you. CBD entry at $100 per staff car. Parking at $150 per lot. Executive time lost in traffic jams. Missed meetings with prospective clients. Petrol costs. Not to mention unnecessary emotional102 words
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OVERSEAS
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600 1983-07-07 4 NYT AMERICA'S copyright and patent laws, which have protected literary works and inventions for nearly 200 years, apparently fall to safeguard much of the computer technology that many people hope wffi help revive America's economy, according to a growing number of legislators,NYT - 600 words
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216 1983-07-07 4 UPI THE Beagas UnUstntfsa, apparently hspiag Is Mwd the US trade imbalance wtth Japjwa, saM K fabrtefiag repecters at the ead sf a twe day Jsist UfMaaaa energy e—Widis sMettag Is Takya, alss said the lapaaasa have expressed mjm If iLtT'SLSf* bUPI - 216 words
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158 1983-07-07 4 AFP ALL phsses of future palm-' oil plant construction in Indonesia should be carried out by Indonesians with Indigenous equipment, President Suharto said. Thirty-nine palmoil plants are to be built within the next five years in Sumatra, West laMaastm »«h Irian Jaya. TheAFP - 158 words
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385 1983-07-07 4 UPI THE Soviet Union could paw a threat to the Persian Gulf oilfields If the Kremlin runt into problems —iHn g natural gaa to the West via the controversial trans-Siberian pipeline, a newsletter said in New York. "Yes, we need Middle EastUPI - 385 words
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133 1983-07-07 4 Reuter THE US and Japan are not likely to resolve their dispute over trade in agricultural products before the November visit to Japan of US President Reagan, Mr Takami Eto, chairman of the ruling Liberal Democratic Party's agricultural policy research committee, said in Tokyo.Reuter - 133 words
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464 1983-07-07 4 Reuter WEST German Chancellor Helmut Kohl left Moscow yesterday after two days of tough, (rank talking that achieved no breakthroughs but allowed him to establish contact with Soviet President Yuri Andropov. After more than three hours of talks with Mr Andropov on Tuesday, heReuter - 464 words
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392 1983-07-07 4 NYT THE French government has abandoned plans to bold a 1989 "world's fair" in Paris, thus ending months of controversy over an exhibition the ruling Socialists had hoped would be a tribute to their achievements and France's on the 200 th anniversaryNYT - 392 words
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WORLD IN BRIEF
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Article486 1983-07-07 4 Agencies HONGKONG and the United States have agreed on Increased restraint limits for three garment categories, while Washington has imposed limits on three others. Hongkong will now be permitted to export 8,660 dozen wool coats against 5,505 dozen last year, 229,573 dozen of certain types of trousers, slacksAgencies - 486 words
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Article135 1983-07-07 4 Reuter INITIAL responses from oil companiss have accepted state-owned British National Oil Corporation's recent proposal for North Sea ail prices in the third quarter. A BNOC «p**—**'' declined comment, bat industry sources said more replies are still needed before BNOC formally acknowledges a maintained price structureReuter - 135 words
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137 1983-07-07 4 AP THE Statue of Liberty, the y monument that symbolises New York to mfflfc— aI peo- A pie, is to be duelled par- tially for restoration begin- J ning in September. Iti corroded torch w€Q be J removed and its uprated right arm mayAP - 137 words
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Article703 1983-07-07 4 ARRIVALS Serriec Local Operator Nubtr Tba« Proa MAS MH671 0905 KUL MAS MH811 0910 PEN SIA SQ103 096 KUL RBA Bid 1000 BWN GIA GA887 1020 LGW/FXXJ/BKK MAS MH603 1020 KUL CAL CB14 1030 HLP CPA CX710 1035 HLP SIA SQ105 1100 KUL GIA GAM 1100 HLP703 words
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240 1983-07-07 5 FT A THREAT by New Zealand Prime Minister Robert Muldoon to close one of the two Australian banks operating In New Zealand created such an outcry from bank depositors, bank staff and the Bank Officers' Guild that 24 hours later, he had to announce thatFT - 240 words
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Article106 1983-07-07 5 AFP FRESH talks on a new international sugar agreement will resume on Sep 12 for three* weeks, William Miller, executive-director of the International Sugar Council, said as a "contact group" of 18 countries meets for a week in London. The purpose is to see whetherAFP - 106 words
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433 1983-07-07 5 AP IN AN atmosphere of guarded optimism, Hongkong Governor Sir Edward Youde and members of his executive committee has wound up a new round of consultations with British officials over negotiations with China on Hongkong's future. Although no official would publiclyAP - 433 words
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281 1983-07-07 5 Reuter A PLAN to ship unfinished British steel to the US and process it there would violate US trade laws and the contract between US Steel Corp and the US Steelworters Union, union president Lloyd Mcßride said. "We're hopeful this deal canReuter - 281 words
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155 1983-07-07 5 UPI THE Biwpw Ctnati Market bi Htipi special eeaunlttoe to tnrilaett reMuck late mw ftetoilulM M ttot K wnM mm laager to« kektoi toe Uattei States "lasteai mt iekatteg Mr OOmmtM ml toe pact, Earepe haa to get ergaateei far toe fatare," aaUUPI - 155 words
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445 1983-07-07 5 AP CONSUMER price inflation in the industrialised countries continued to ease in April at a level not seen since 1972-73, the International Monetary Fund said. The 12-month rate of consumer price Increases fell to 5.3 per cent in April from 5.5 per cent in FebruaryAP - 445 words
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Article254 1983-07-07 5 Reuter BRITISH Prime Minister Thatcher said there is a great deal of demand in the economy and industry must make sure it is met domestically, rather than through imports. She called recent rises in retail sales and housing starts very good news. Responding to opposition partyReuter - 254 words
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Page 4 Advertisements
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Advertisement273 1983-07-07 4 w-"* 1 ra fCAMMCW Japanese Restaurant 4th storey, World Trade Centre Tel: *****30 Golden Phoenix C WTO Pie Lid _S\ THE AIIEN MANAGEMENT SEMINAR (ICAEW CPE Credit 40 hours) Singapore, Septembers 9,1983 Management is a special kind of work. Like accounting, engineering, sales and production, the knowledge can be acquired273 words
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Advertisement23 1983-07-07 4 Fly Pan Am To The USA Daily And To More Than 45 I.S. Cities. q-; Pan Am.Yo C an t Beat The xpepcnu*.23 words
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Page 5 Advertisements
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Advertisement143 1983-07-07 5 9 m Explore the exquisite taste of Japanese cuisine at the Shima and discover its subtle charm. From a wide selection of delicious set lunches to an elaborate a la carte dinner. Like Teppanyaki, Shabu-shabu and Yakiniku (Bar-B-Q) at our restaurant to the widest variation of Sushi at our Sushi143 words
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Advertisement94 1983-07-07 5 *k V rrt Hi ■V r ns «T" vsr*' »r .W-7, y, Tl?r 7iaTßffHfll< ifiirnif iff <,{ -i 7. it. ~r, $f? i m i i ±ir w R> r.' r amK 4 n 3CsJ <r P55 r f;^P^ ir- r mfe >/ V '>• S .-••vXr* B9 -x* ;A94 words
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RAW MATERIALS
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375 1983-07-07 6 Bernama PENINSULAR Malaysia's rubber production for April was 82,288 tonnes» a drop of 3,530 tonnes from March production. According to latest figures released by the Statistics Department in Malaysia, both the estates and the smallholding sector recorded a decline in production of 5.6Bernama - 375 words
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Article329 1983-07-07 6 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.04, 100 per cent second clan 0.76, 100 per cent third class 0.72, 25 per cent new crop 0.58, B-10 per cent no stock. THAI BROKEN: A-super 0.62, Special 0.56.329 words
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Article30 1983-07-07 6 Rubber July 6 Singapore: 239.00 cents (up 4.50 cents) Malaysia: July: 260.00 cents (up 4.50 cents) Tin: M $30.91 Sr kilo .00 cents) 230 tonnes (up 129 tonnes)30 words
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Article36 1983-07-07 6 THE BTRAITB TIN price in Pesug yesterday Aimed IS eeats to RQMJI a klle, bat remalae* wtthla the IT A lower image sf M 529.15 aad m tsaaes from 111 m TaegyMi there was36 words
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Article220 1983-07-07 6 RUBBER PRICES IN Singapore yesterday closed slightly higher with July One RSS buyers quoted st 239.00 cents per kilo, up 4.50 cents from Tuesday's close. Morning prices were marked up slightly on covering interest and some forward demand after a higher opening. Afternoon prices gained further ground on some220 words
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Article399 1983-07-07 6 RAS prlcM in cent* per kilo yesterday (pm kUo) (per kilo) Int. 1 R SS prompt IaL 1 R-S-S July lat. 1 R-S-S Auft 1st 2 RSS UK/Ontt lot 1 R-S-S UK/Coat Int. (IUS UK Com. tat. 5 R-S-S. UK/COM f o b 236 50 234 JON 237.00399 words
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Article1127 1983-07-07 6 COFTOE: Robust* coffee futures were lower at midday yesterday, between £8 and £3 below Tuesday's close In traded positions. Prices remained in a narrowly lower range as little fresh direction emerged. Mast traded Sep ended at £1,641, £6 lower, after moving between £1,655 and Q,MS. Interest remained —gMgO»*»1,127 words
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Article174 1983-07-07 6 CHINESE Prsdaee Exchange, Happsn, nsss rltrisg prices per 1M kg yesterday. CttMit «II: Bulk fob $119.00 sellers, old drum (in second hand drum) fob $132.00 sellers, new drum fob (136.00 sellers. Cspta: Mixed (loose) $70 buyers. Pepper: Muntok white pepper fob Asta NLW $370.00 sellers, Sarawak white pepper174 words
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Article200 1983-07-07 6 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Csttss yam: China Blue Phoenix 90s 2,530, 32i 3,290, 40s (per bale of 400 lbs). Pises gssds: Chins Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq;200 words
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Article124 1983-07-07 6 THE Malaysian crude palm oil market yesterday eased on lack of followthrough support in quiet trading. In the July position, south region fell M 58.50 to MsBo9 a tonne, central MJ7.50 to MsBoo and north M 52.50 to MsBos, while in Aug, south and central lost M 57.50124 words
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Article168 1983-07-07 6 SOYBEAN futures in Chicago OD Tuesday rallied off the day's lows but ended three to Vt US-cent a bushel easier. November ended in the top third of a 16 cent range. Initially, prices fell sharply as locals liquidated long positions. But steady wire house and professional buying during the168 words
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Article197 1983-07-07 6 WHEAT futures in Chicago on Tuesday closed 4V« to 2 V« US-cents a bushel lower in relatively active late trade. December ended near the bottom of a 3Vi cent range. Prices showed weakness through the session on trade anticipation that once Midwestern farmers begin harvesting winter wheat, cash movement197 words
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Page 6 Advertisements
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Advertisement777 1983-07-07 6 Cfemicalßanc Chemical New York Corporation and Subsidiaries Head Office: 277 Park Avenue, New York, New York ***** Consolidated Statement of Condition (In thousands U.S. dollars) Assets Cash and Due from Banks Interest Bearing Time Deposits with Banks Investment Securities (Market Value: $3,706,483 and $2,445,303>. Trading Acc<n/ht Federal FundSrSoidsnd Securities Purchased777 words
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Page 7 Advertisements
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Advertisement152 1983-07-07 7 We have a gift for openings WW® jt T.V I E ,T i*W. V v 4 ISkj < i Indeed, we have a gift for every business occasion. All handcrafted by our Italian craftsmen working in such rare and precious materials as deer-horn mother-of-pearl... crystal and leather. With finishing touches152 words
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Article424 1983-07-07 8 IT IS regrettable that President Reagan should succumb to pressures from the ailing steel industry because he is looked upon as one of the chief advocates of tearing down the barriers to trade. The American President's decision to impose tariffs and quotas on imports of special424 words
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Article, Illustration3619 1983-07-07 8 CHOO AI LENG - IT IS no secret that the products of Cerebos Pacific Ltd have always been better known than the company itself. Company directors do not dispute this for the very simple reason that Brand's Essence of Chicken, Cerebos salt, rice porridge and chicken floss are3,619 words
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Article, Illustration471 1983-07-07 8 JOHN Bittleston is a globe-trotter. As managing director of Cerebos Pacific Limited, he leads a Jet-set life. From London where he is based he makes frequent trips to the Far East and Australia. Because be never stays long in one place, tracking him down471 words
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Page 8 Advertisements
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Advertisement74 1983-07-07 8 K y\ it sqtripment and nimtture. Owing to impending cessation of perations, we are offering for sale, the entire contents of our hotel, on a tender basis. The closing date for offers will be 12 noon, Wednesday July 20th, lpo-a ext 135. mmm > k: Britannia Investment Management (S) Pte74 words
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Page 8 Miscellaneous
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Miscellaneous1265 1983-07-07 8 SINGAPORE 5 3.00 PM Opening Mowed by Taiji Master (Mandarin/ t) 3.45 Keep off the Grass 4.10 Hawal Rve-0 Loose Ends Get HH (r) 5.00 Flockton Flyer What a Utile Beauty 5.25 Kldsworfd 5.55 Animals, Animals, Animals Hg Cab 6.15 News (English) 6.25 Cultural Diary (English) 6.30 You Asked for1,265 words
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Article991 1983-07-07 9 JOHN ROGERS - At the United Nations Conference on Trade and Development meeting that ended in Belgrade last Sunday, the Third World and the West failed to reach any substantial accord. But officials from both sides saw one pointer to the future from that meeting acceptance by theReuter - 991 words
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Page 9 Advertisements
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Advertisement159 1983-07-07 9 See the world through Third World eyes Cover Story: Putting up the money the case for a Third World Bank Asean: After Marcos—after Lee: Singapore's Rajaratnam talks about the problem of leadership succession in the region. Malaysia: Nurturing Islam in a plural society. Philippines: Marcos woos the poor in his159 words
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Page 10 Advertisements
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Advertisement848 1983-07-07 10 with the American Express Card m| "if you donl already have the Card, call *****33 lor an application form" The Chef carves at 8.15pm every Thursday at the Barort'sTable In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the848 words
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Advertisement164 1983-07-07 10 IT I restaurant HI: Try our sumptuous delicacies from the Hunan Province. m i novoici nprLiil B orcnva m MHp—» 214, Dunearn Road, Singapore 1129 Tel: *****49,*****22 Ext 130 1 (Ti *jj w At uke G Restaurant IJP J r -s. >■# Conveniently looted on the East Coast 10 minutes164 words
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COMPANY NEWS
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477 1983-07-07 11 Reuter SHARE analysts expect General Electric Co PLC (GEC) to show pre-tax profit of around £670 million for its year ended March 31 against £584 million the previous year, followed by some £740 million to £760 million projected for fiscal 1983/84. Latest resultsReuter - 477 words
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783 1983-07-07 11 NYT CORPORATIONS in America will begin to report their second-quarter earnings soon and results should paint the picture of an economy on the rebound. But whether the market is still on the rebound is a different matter. "We're finally getting the earnings improvementNYT - 783 words
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Article159 1983-07-07 11 SOUTH Johore Amalgamated Holdings Bhd has reported another profit shortfall for the year ended March 31, 1983, although by a much smaller margin. Unaudited group trading profit (before tax) fell 9 5 Kcent to M 5787,672 from ,354 in spite of a 6.15 per159 words
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Article96 1983-07-07 11 APOLLO Enterprises Ltd yesterday signed an agreement to build a tourist hotel in Taipei's projected World Trade Centre. The agreement was signed by the chairman of Apollo, Mr CP Chan, and Economics Minister William YT Chao, vice-chairman of the World Trade Centre supervisory committee. Under the96 words
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607 1983-07-07 11 LION Corporation Bhd has forecast group pre-tax profit of at least M 58.19 million for the year ending Dec 31,1963, as against $3.5 million achieved in 1982. The earnings forecast excludes contributions from Amalgamated Steel Mills, Lion Plantations Sdn Bhd and Ladang607 words
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Article388 1983-07-07 11 UPI SOTHEBY'S, the world's largest art auction house, reported a spring season turnaround in its dwindling fortunes which will bring the estimated total sales in America (or its 1982-83 financial year to U*****.3 million. The estimate only $4-2 million less than the previous season was basedUPI - 388 words
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INTERNATIONAL STOCKS
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Article1003 1983-07-07 11 WALL STREET stock prices closed sharply lower on Tuesday as investors showed renewed concern about the potential for higher interest rates following last week's disappointing money supply figures. The Dow Jones Industrial Average, which fell sharply as soon as trading began on Tuesday morning, closed off1,003 words
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Article269 1983-07-07 11 JULY OB Rand INDUSTRIALS Trust Bk Un Steel Untsec Wool worth 196 940 un -a -10 -90 A Alpha 9606 unch MININGS AE And CI II AGO 900 -30 -20 Anglos 2300 1029 -100 3300 -100 Bljnroors Buffets ino mm -86 -179 C O Smith z:»» -30 -so Charter269 words
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Article183 1983-07-07 11 JULY 06 Ct AbiUbi 25* Alcan 40 Algoma Bulk Mont 33* 29* Bank Nova ScoUa Bell Tel 43 V. 26* unch BP Can Ltd 24* unch Braacan 34 Can Imp Bk 33* Canpac Carllnc OTCeefe. Cmbl Rd Lk 48 22* 34* -H Cn Bthrt a A 22* unch Comlnco183 words
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Article186 1983-07-07 11 JULY 06 Pn GROUP B CORBBILLE Carre four IM ♦a Air-Liquid* B S N Oerral* DtXMMM C 8 T (Thomsc Cte Prancalse des Petroles Credit roncter De France 402 1MB ■>- IM 171T0xd JM ♦t -4.4 -Ml Mnanelere de L "Union Laiarte Moel HenHMQ Opn-Pkrtta* GROUP Comptcnk Bwtlrt Oenerale186 words
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Article84 1983-07-07 11 Dm Hoachat 1S0J0 L» JULY 06 A«c-Telafunkan BASF 72-30 lMJO 147iio XO 00 41 1.1 -s Hoaach Hortaa Kamadt 54.00 140.00 M OO M uneh -1 BMW KHD Unda MUD MM -1 Coonwiitank Cociti Qumml Daimler-Bam "f— lfl&JO 101.70 M1J0 -a -u Pt»ii—g Rwar A 9c he ring l«M84 words
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Article86 1983-07-07 11 JULY 06 r™ FORWARD MARKET Or Bru Lamb Hobok h ln Ryl Dutch 2360 4*10 5710 2366 -W unch Ae«c ArtMd Ajtur 830 1231 446 -a -13 -11 Mdro in Soc 0«n Be if 1066 Soflnt aio uncta -m Briarin Cmnpac Cock Oe Betri Etm 1413 3006 141 46*86 words
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Article184 1983-07-07 11 JULY OS Francs Action* Sulsses SO ♦1 Alusulsse Br. 790 -1 AIihIm Rat Brown Bonn Br rw 13B 3 Clta Oelgy Br. an ♦a Cite Oetgy PC1M0 IS Clbi Oelgjr Dm Credit Suisse Br OS 2100 10 Credit Suisse Ref 386 3 Dektrowatt Br. TWO 19 Ocorfc rischer Br184 words
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Article85 1983-07-07 11 JULY 06 Lire m «U ***** -90 Central* Ord 1007 >100 Cond Acqua Roma 145 s Ertdanla 0000 10 ri*t Ord *ZL„ 36 Oenerall 100 Oim I J2O°° IS in Pm 4M0 a Invest 2300 is ItaJcemenu Ord ***** 000 Italfu 940 Lepetit Ord ***** 130 750 10 1085 words
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Article195 1983-07-07 11 JULY 05 wm ABN rmj» unch Ahold 1(000 -05 Akao 88 JO 0.4 AUFV 130 30 unch Am fas 1KS0 0J Amrobnk 02J0 0l3 Berfoas FWk at to Bolt (gOO unch Borsucer 115.00 Bosk a 40J0 *0.1 Burtet 40 50 -0J C aland MOO 0J r.\w nn unch Dell195 words
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Article429 1983-07-07 11 HONGKONG STOCKS yesterday closed slightly easier despite an initial rally following the announcement of an immediate one point cut in local interest rates across the board. The Hongkong dollar showed little reaction to the change, and its impact on equities was limited. Leaders ended unchanged to lower429 words
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Article140 1983-07-07 11 SHARE prices yesterday closed sharply higher in moderate trading on revived buying interest which more than offset early losses. The market average rose a provisional 56.75 to 8,984.88. The sharp fall on Wall Street on Tuesday and concern about possible rises in US interest rates depressed prices140 words
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Article179 1983-07-07 11 SHARE prices yesterday closed mixed on a turnover of 3.38 million pesos, up from 2.55 million on Tuesday. The Commercial and Industrial Index was up 1.84 at 114.52 while the Mining and Oils markers were unchanged at 1,517.66 and 1,229 respectively. Oriental B was up to 0.026 from 0.025.179 words
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Article155 1983-07-07 11 SHARE prices yesterday closed higher in quiet trading with cement groups still a feature. The Book Club Index rose 0.22 point to 126.06 on a turnover of 39.8 million baht with 266,355 shares traded. JULY 0* Aotham Thai Asia Fibre Batiu AruUltra In? And Tiwt IS *3 Bangkok Bank155 words
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Article380 1983-07-07 11 AUSTRALIAN share prices yesterday closed widely lower, but off lows in light trading following a sharp downturn on Wall Street. Near the close the All-Ordinaries Index was down 3.2 points at 603.5, after dropping 4.4 points in the first half hour. Turnover totalled (22.13 million compared with380 words
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Page 11 Advertisements
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Advertisement6 1983-07-07 11 SINGAPORE mess FOR PEOPLE WHO MATTER6 words
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Advertisement169 1983-07-07 11 CREDIT LYONNAIS Floating Rate Notes due 1995 Redeemable at Noteholder's Option in February 1990 and in February 1993 Notice is hereby given that, pursuant to Condition 7 (a) of the Notes (which provides that payments in respect of the Notes will be made subject in each case to any laws169 words
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3546 1983-07-07 12 BID and offer prices officially ""«<1 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 after3,546 words
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Article3471 1983-07-07 12 Gr*s Gr"s Nat IMS Coapujr Last DW DW rid P/l Vol Day High Low Sal* +«r- Ctt (■000) Hi«k Law SBCTION ONE INDUSTRIAL COMMERCIAL 286 235 Acma 2S2 unch 74 24 260.0 1 252 252 354 148 Alcom 316 -2 10 34 14 28.1 50 320 3163,471 words
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Article1998 1983-07-07 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, wltb tbe number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MDumuua Mkmm (LBB) 1« (B) LB AMD (IBB) (IS) 4.« (B) 4JO1,998 words
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Article594 1983-07-07 12 ADVERSE twmi tafiabrudljf lewer jnatrcdsj whea kayh ti peatte tata «till will U| points tower At Ml.il tart «he Straits Time* bMM Ma wu ip IJ7 potato to Ml tl Lm*l phew epeaed tower after a atorp 11TI prtai ir*p to tke Daw Jaaee ladastrlal Average594 words
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Article461 1983-07-07 12 A GENERAL pickup in sentiment during the afternoon wwion caused share prices to finish mixed to selectively firm on the Kuala Lumpur stock market yesterday. Prices opened mostly lower in line with easier overnight conditions on overseas bourses and moved erratically in nervous trading until461 words
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Article183 1983-07-07 12 Ma Brt'pf tees far Jmty 7 HNGAFOU UNIT 1BU ST DIAMOND MOTI I VOW t The Commerce 3.50 3.73 June July IkeSnhfiiM 204 2.17 Diamond S'pore Fd(USI) 0.5S S pore Prof Fund IJI l.M 0.5# S pore Sec. Fund 131 234 SI 1.15 1.25 S'pore Invest Fund 1.17183 words
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COMPANY NEWS
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Article378 1983-07-07 13 INDUSTRIAL Oxygen Incorporated Bhd (IOI) has projected group pre-tax profits of MH.6 million for the year ended June 30, 1983 and $3.6 million (or the following year. 101 gave these estimates ia its circular to shareholders in connection with its proposed three-for-two rights issue of $1378 words
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Article53 1983-07-07 13 PEG! Mihjii B«rh«4: AGM to be held at 17th floor, Komptek Kewangan, Jtlmn Ra)a Chulan, Kuala Lumpur, on Monday, July 18, at 11am. MALAYS! MMnf Carpm- IhM: Seventh AGM to be held at the Conference Room, Wiama Bunga Raya, 152 Jalao Am pang, KmJi Lumpur on July B53 words
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Article775 1983-07-07 13 UK GOVERNMENT bonds ended sharply lower for the third day running yesterday. deprfastd by Tuesday's Mm»ppnii.»ing uk money supply data, dealers said. Equities were mixed. At 9pm, the Financial Times 30 share index was up 2.4 points at 9HJL As the government may aggressively tap the bond market775 words
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Page 13 Advertisements
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Advertisement1261 1983-07-07 13 CAPITAL ANO LIABILITIES STATE BANK OF INDIA Central Office: Madame Cama Road, Bombay 400 021, India BALANCE SHEET OF THE STATE OF BANK OF INDIA AS AT 31ST DECEMBER 1082 PROPERTY AND ASSETS Authorised Copitol 20,00,000 shares of Rs. 100 each f Jssued Subscribed and PokHjp Capita* (pursuant to Section1,261 words
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Chief Price Chances
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Article159 1983-07-07 14 Rises Indices ?!rr* 1560 780 ••■150 46 July 5 July 6 Ktatyu 450 34 BT Composite: 961.35 980.10 Tmtrlok 530 +28 BT Indicator: *****11 *****84 Public Corp Boltoa M CMMt 448 320 880 +28 25 X4A ST Industrials: ST Finance: 982.94 2660.32 984.31 2648.35 Tu Ckong sso 888 T159 words
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Article, Illustration148 1983-07-07 14 Rites Indices GTDiap 2300 +600 July 5 July 6 C Sugars 1710 +160 MBT Index: *****06 *****52 Norsecheir > 590 +126 NST Industrials *****7 1378.57 PMC 855 65 NST Finance: 2552.03 2533.68 Lien Hoe 940 +40 NST Hotels: 657.89 657.77 Perils Kemayan 630 482 +35 +32 NST Properties148 words
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Article50 1983-07-07 14 HJC.HANG SENG Wednesday 1010.49 Tuesday 1021.90 Week Ago 941.10 AUSTRALIAN INDUSTRIALS Wednesday 740J Tuesday 742.9 Week Ago 740.9 ALL ORDINARIES Wednesday 903.5 Tuesday 008.6 Week Ago 603.9 FINANCIAL TIMES INDUSTRIALS Tuesday 691.8 Monday 701.8 Week Ago 719.6 DOW JONE8' AVERAGE INDUSTRIALS Tuesday *****3 Monday closed Week Ago *****350 words
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Article498 1983-07-07 14 NAJEEB JARHOM - By NAJEEB JARHOM SSANGYONG Cement (Singapore) Ltd's offer for sale of II million shares at $3.50 each has pulled in a record $1.92 billion in application monies. The 9.9 million which were available to the public was subscribed 55.5 times. It attracted 24,344 applicants subscribing498 words
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Article470 1983-07-07 14 SIME Darby Bhd has teamed up with the giant Mitsubishi group of Japan to venture into the fastgrowing leasing business in Malaysia and Singapore in a big way. The Malaysian-based conglomerate announced yesterday that it has concluded a Joint-venture agreement with Mitsubishi Bank and its leasing470 words
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373 1983-07-07 14 PAN Malaysia Csaieat Wsvfcs Bhd (PMCW) has srapased a me im thm MM Ihm, -ftsg wttk Ms release if a set if bun» Mve tcnlii fw the year eaded Man* SI, IKS. PMCW, a member sf the Malayan United Mths (MUI) stable, wyaM373 words
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Article697 1983-07-07 14 Companies Editor: Mano Sabnani GENERAL Corporation Bhd (GCB) has proposed to acquire the entire paidup capital of Klang-based Fung Keong Rubber Manufactory (Malaya) Sdn Bhd for M 834.5 million. The acquisition is to be satisfied by a part cash payment of $20 million,697 words
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Article389 1983-07-07 14 Dear Mr Hack Leek Stew, We wish to express our deep appreciation of your column which appears regularly in the Bus/oess Times. We have often benefited from your advice, but not as much as the recent harvest on the shares of Pable Baak BM. We started389 words
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145 1983-07-07 14 BEN A Co's rights lane of two-for-five was undersubscrlbed at the close of applications on June 27. The food-baaed subsidiary of the Straits Steamship group said acceptances have been received (or 18,060,346 shares, representing 96.9 per cent of the total issue. Ben's rights issue of145 words
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Article194 1983-07-07 14 THE Stock Exchange of Singapore has asked latram Ltd to disclose the terms of payment for the proposed acquisition of 13.125 million new shares in Far Eastern Bank. Intraco is also required to state whether directors or major shareholders have any interest in the transaction. SHAREHOLDERS of Dmlep194 words
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Page 14 Advertisements
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Advertisement115 1983-07-07 14 Luiii itocta Page IS THE GREAT BOOKS For those interested in Intellectual Enjoyment -443 great works by 74 authors in 54 volumes Call STP Distributors Tel No: *****44/*****28 Attractive deals for hire purchase or leasing of office/business machines and industrial equipment and machinery. CAR LOANS Up to 90% financing on115 words
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Advertisement121 1983-07-07 14 PRIME BOOKS CASH RECEIPTS CASH PAYMWTS IMPREST PETTY CASH III! SALES REGISTER ACCRUED PAYMENTS VOUCHER REGISTER CREDIT NOTE REGISTER DEBJT NOTE REGISTER OABS The ultimate in accounting software for micro-computers. GENERAL LEDGER T/BALANCE OM STATEMENT BALANCE SHEET GENERAL JOURNAL MATERIAL REQUISITIONS REGISTER CopyrtghtM ristrvd 1961 SUBSIDIARY LEDGERS RECEIVABLES LEDGER PAYABLES121 words
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Advertisement58 1983-07-07 14 "INSURANCE? THOMAS-ROBERT, of course! They're the experts you should talk to. Extremely professional in their approach, and incredibly efficient in handling difficult claims. Can't think of anyone else better, really. Can you?" THOMAS-ROBERT INSURANCE BROKERS PTE. LTD. THOMAS ROBERT 10, Anson Road #26-08 International Plaza Singapore 0207. Telephone: *****97/*****96/*****03 A58 words
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Page 14 Miscellaneous
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Miscellaneous57 1983-07-07 14 OUTLOOK for today: Partly cloudy in the late morning. Report for 24 haan prter to U pm m Jaly I at the airp«rt: Maximum temperature 31.1 Associated humidity 74 Minimum temperature 24.1 Associated humidity 96 Hours of sunshine 5.60 Rainfall in millimetres U 0 Total rainfall for the month 70.757 words
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SHIPPING TIMES
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191 1983-07-07 15 SEAWINDS Ltd, which began a trans-Pacific container service to Hongkong and South-east Asia in April, has announced a further expansion of its service to New Zealand ports of Auckland, Wellington and Lyttelton. According to Mr Johnnie CF Chin, president of Seawinds, the line will191 words
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Article, Illustration498 1983-07-07 15 JUNE LIM - By JUNE LIM FRENCH operator Chargeurs Reunis wffl be phasing in three new 21,000 dwt multi-purpose vessels by November in its Far East/ West Africa trade. The three 740-TEU multipurpose vessels will replace (our older and smaller vessels with a container capacity of498 words
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PORTSIDES
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Article75 1983-07-07 15 AFP CHINA has bought a 7,700-ton Swedish ferry boat for nearly US$4 million. The AmMtista owned by the Amatista Shipping Corporation of Monrovia, a company associated with Stockholm's Saieninvest AB, had been bought for an undisclosed price. But it is believed to be around $3.9 miliumAFP - 75 words
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Article32 1983-07-07 15 Reuter GOLD Star Line (Japan) Ltd announced it change its name to Gold Maritime Co Ltd on July 1 to avoid confusion with a «rfiwiur Mm» in Hongkong. ReuterReuter - 32 words
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Article37 1983-07-07 15 Reuter THE Australian and New Zealand/Eastern Shipping Conference add it wffl adjust the currency adjustment factor from Hongkong to New Zealand to minus 18.8 per cent from minus 22.8 per cent, effective July 10. ReuterReuter - 37 words
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Article92 1983-07-07 15 Reuter A NEW coal wharf at China's major northern port of Qinhuangdao has Just put a 50,000 and a 20,000 dwt ton berth into test operation two more 50,000-ton berths, the New fews Agency said. The project, using committed Japanese will eventually be able to handle 30Reuter - 92 words
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Article656 1983-07-07 15 SMpflag Um Pi«e CM 1 CM AIM VI a FrataSfcpg Freight Uaka VI 1 Akraakial Umt VI 9 V a Ail tram vn 4 Frota V l AJpac VI 5 FuJJwara Liae IV 9 Aatara Sbpg X 4 Glob* Une VI 4 AFCUat V 4 Gold Sur656 words
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752 1983-07-07 16 Maritime THE PORT Of Shanghai jg China's biggest port, with total cargo handled amounting to 40 per cent of throughput at all other Chinese ports. The port has 97 wharf-berths, 84 buoyberths, total warehouse space of 410,000 square metres, and storage space of 960,000 squareMaritime - 752 words
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Article, Illustration216 1983-07-07 16 THE board of directors of Yamashlta-Shinnihon Steamship has appointed Mr Takayeshl KaJI as president of the line. Mr Kaji takes over from the previous president Takeo Hori, who has assumed the position of chairman of the board. Mr Kaji, the former executive vice-president of YS Line, has216 words
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Article1594 1983-07-07 16 ALL aectioni of the freight market were extremely quiet on Tuesday following the Independence Day holiday in the US, with no new chartering seen, shipbrokers said Details emerged of two fixtures arranged recently tor grain movements out of the US, however. A vessel was booked for grain from1,594 words
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Article1351 1983-07-07 16 ANGOLA lasnda and Lobtto June 21st No berthing delays. ARGENTINA Bahia Basca June 30th. 32 grain vessels waiting in the roads, and facing delays of shout 29 days No lmprovment is likely in the near future. Buenos Aires June 20th. 16 vessels waiting in the roads to load1,351 words
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Article136 1983-07-07 16 AP A 252-km canal linking Hangzhou, capital of ZheJiang province in southern China, with the province's major industrial centre of Ningbo opened to navigation, the Xinhua News Agency reported. The canal joins Zhejiang's three major waterways the Qiantang, Caoe and Yongjiang Rivers and forms an extensionAP - 136 words
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158 1983-07-07 16 Reuter SOME 3,000 dockworkers at the Colombian Pacific port of Buenaventura went on strike on Tuesday over pay demands, a union spokesman said. The country's (our other main ports on the Caribbean, were unaffected but union leaders meeting in the port of Barranquilla said theyReuter - 158 words
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Article98 1983-07-07 16 Reuter NIPPON Kokan KK said it completed and delivered a 38,000 deadweight ton icebreaker bulk carrier, Taurus, to EflOa-Flnland Steamship Co Ltd. It Is the first vessel built in Japan for a Finnish company in S years, it said, adding the Turut Is the first of twoReuter - 98 words
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Article195 1983-07-07 17 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAB EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.195 words
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305 1983-07-07 17 A NEW ship's propeller, which cuts fuel consumption overall by 15 per cent, has Just successfully completed its first full-scale sea trials. The sea trials of the 270,000 dwt tanker Rio Tinto have confirmed the inventors' claim that the new design propeller can produce305 words
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358 1983-07-07 17 Lloyd's List THE section in the Safety of Life at Sea (Solas) convention dealing with lifesaving appliances has been almost completely rewritten at the International Maritime Organisation. The new chapter three calls for Improved lifeboats and liferafts, special lifeboats on oil tankers, chemicalLloyd's List - 358 words
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297 1983-07-07 17 THE French government is considering taking further steps to make the country's shipbuilding more competitive, having already rationalised the country's five main groups into two companies last year. It has been revealed that changes have been proposed concerning the way in which297 words
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6239 1983-07-07 22 SCHEDPLE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of6,239 words
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Article718 1983-07-07 23 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Location Haruna Maru 67S 7.7.83 2000 Borneo FSB 0700-0600 L8 Family Ace 34B 7.7.83 2300 Shofoku FSB 0930-1100 L2 Elbe Maru 59/448 8.7.83 0900 Mitsui OSK718 words
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Article1705 1983-07-07 23 The leading shipping lines operating from local ports and their agents. A-B Adriatic («atalaer Continental Feeders (S) Cargo Freight (PK) AFEA African Shipping Agencies (S). Urt-RiruU Um Transgroup (S). AhrenkM Uier SerrW Kim Shpg (S). Alfred C Teepfer Sea Consortium (S)/ Marintex Enterprise (PK). Alpne Intraaea1,705 words
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Article518 1983-07-07 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Barber Priam 46/7 R Jumabhoy alongside 7.7.83/0600 Chidambaram 15/6 R Jumabhoy alongside 7.7.83/1800 Itaimbe 35/6 P Simons alongside 7.7.83/0300 Kota Ratna 8/9 PIL alongside 7.7.83/1200 Kota Wangl 10/11 PIL alongside 7.7.83/0630 Meadowbank 6/7 Boustead alongside 7.7.83/2300 Perils518 words
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Page 15 Advertisements
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Advertisement581 1983-07-07 15 3% NEUNG-A SNIPPING Korea Fkg Ysts Regular Liner Semi-Container Service B^hS^ P Ot/B nCkot/,t <U, Fm: Buun/Moji/H. Konf S'por« A(«nt: Neptune Afenctes Pte Ltd let *****11 P.K. *****4, PN *****5 K.L. *****0 I K I > I t N I Ml SKAI.ORI) J I Orient OVHQUS Cudaum LINE FULLY CONTAINERISED581 words
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Advertisement12 1983-07-07 15 :+(|;}$)*+?@{"\>^+,'`+;<[`/`;@; A* 21 *121 A* 31 taflS Sea EE Land •r; ::»i>:u ■Vi-",'.12 words
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Advertisement417 1983-07-07 15 I <bcnan I Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV |j J SaneiMBITMM m AWCT ptl in. *****4 (5 lines) SINGAPORE FULL CONTAINE TO: UJL FAulflC, OULF, ATLANTIC, EAST CANADA, INLAND POINTS ZM li-14/7 11-11/7 25-25/7 1-1/1 w c DC 31 TO: BELOIUM, HOLLAND,417 words
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Page 16 Advertisements
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Advertisement415 1983-07-07 16 FAR EAST/EUROPE CONTAINER SERVICE E m mat J) "tan I 4) 2/1 VI »/l u/l 16/1 11/1 a/i 25/ i 30/1 1/1 4/S l/l 13/1 IVI ays 1/7 15/7 24/7 31/7 7/1 U/l 21/1 2i/i j«t oan 3) r«M «> r<M 15) u H 4/7 11/7 I 11/7 17/7 I415 words
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Advertisement355 1983-07-07 16 yAmashita-shinnihon line CONTAMER SERVICES USA/CANADA »allt Mlaal 1« i Ifli >1 i il HI I W" rlCfnC FKHTn WMt Atlantic/Canada nn nn rut wt a/t 2vt Jl/1 VI l 11/ l IM 1M accaptat LCI Cam MIDDLE HAST CONVENTIONAL SERVICES Pan Asia Line, ltd. CONTAME* SERVICE TO/FROM JAPAN TAIWAN AGENTS355 words
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Page 17 Advertisements
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Advertisement503 1983-07-07 17 OCL Overseas Containers Limited The Straits Steamship Group O STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT Wtai Ina rtm U Nma n» 43/1 tS/t 44/t M/l m/i M/l U/t 12/1 14/1 17/1 17/1 M/t 2M 22/1 IVI a/i »/i 11/1 m/i 11/1503 words
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Advertisement453 1983-07-07 17 NOTICE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE SABAH, BRUNEI AND SARAWAK aiUiMiftWi a3Na;w NOTICE TO SHIPPERS The member Lines of the above Conferences have been monitoring the berthing situation at Aden and have reported and agreed on the following:ADEN In view of the lengthy delays in berthing453 words
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Page 18 Advertisements
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Advertisement662 1983-07-07 18 Hapag-Lloyd I 10 CONTINtNI UK EXPORTS I Spore P K«inf Pen laioes Genoa H'byrj B4bao Mam Vwk N/7 22/7 25/7 17/8 14/8 23/1 22/8 30/8 15/8 Ah HK Long Oakland Stank/ Beach Taconu tiprtu *22/7 2/8 4/8 7/8 m Eiprtu 22/7 9/8 11/8 14/8 rthpran *5/8 16/8 18/8 21/8 riEapnn662 words
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Advertisement462 1983-07-07 18 HGSline >W4 L Patau nom CONVENTIONAL SERVICE To/From BUSAN S POK rtIMNG t KELANG BUSAN KOA 187W/18K 11-12 Mr sum OCUD VJ7W n-n Mr 29-31 Mr 13 Ml 14 h* FULLY CONTAINERISED SERVICE TO EUROPE Vl* SUE J^^fn7rTrthT7(7TmnwtK)rr^ M MM FROM EUROPE VIA SIX/ 1 Member ot the Ace Consortium462 words
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Advertisement535 1983-07-07 18 (V) EVERGREEN LINE FAR FAST fUROPt CONTAINER SERVICE ACCCPTMG fa I ICI CARGO FOR SSP PU MS FU MB MBI INK Ex. tart 14/7 15/7 (/I l/l 11/ l 11/1 IVI E«rlta| H/7 21/7 11/ l 11/ l 21/1 21/1 a/i CM. MM VI 23/1 25/1 27/1 21/1 N/1 also535 words
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Advertisement573 1983-07-07 18 Everett LinesT Burma Five Star Shipping Corpn "BURMESE NATIONAL LINE" LOADING FOR RANGOON fnum KTMTMVN BFSSC Ag«n»s r. Moloys.o BOUSTEAO SUPPING TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 CanpSM Arfantiiw 0* lIimWMI lolffwmmtfrtX S A C I f ARGENTINE NATIONAL LINE" LMDMG FOR DURBAN MONTEVDEO BUENOS ARES MB ram OB573 words
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Advertisement187 1983-07-07 18 EXSINOSE MARITIME PTE LTD SUN UNION LINE KARACHI SERVIC TO PA KYOWA LINE ittMZ 147*fTTT7T I I i: PACIFIC PMMI LM*ikr ImMo. tan, N* «pii TAIYO MARINE LINE WEST AUSTRALIA SERVICE S>ara Plata* Lm*« tor PMMTI DIM IS My IS My Ti, f. IMW 1 GEBALDTOR, nkjad to I MM187 words
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Page 19 Advertisements
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Advertisement1003 1983-07-07 19 PIL GROUP KOTA WIS AT A KOTA SCGAM KOTAMUTIAIU KOTA ABAM VOYAGE f-447 6-463 E-468 E-457 EAST AFRICA/REDSEA SERVICES MMAPOM LOAOINO FO«t M/WJULY HOOBOAH, JCOOAH, AGASA, WJ SUDAN 2S/2AUG HOOUOAH, JCOOAH, AGASA. PT SUOAH 8/10 AUG HOOCOAH, JCOOAH, AGASA, AOCN 10/13 AUG HOOCDAH, JCOOAH, MOMBASA, OAMCS SALAAM, MOGADISCIO ACCEPTING CONTAINERS1,003 words
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Advertisement630 1983-07-07 19 BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE TOEUROPE p SPOM PKEIANG |UK MM SHAVEN ROAM hAV« UU[vw 12/7 14/7 l/» VI VI l/l l/l M L rL 18/1 M/ 1 I fl/1 Ift/t t«M .rVT IV7 a/7 VI IVI 12/1 19/7 IV7 27/7 IVI 17/1 1»/| a/7 vt a/*630 words
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Advertisement373 1983-07-07 19 P.T. DJAKARTA LLOYD Indonesian National Shipping Line TO USA WEST/ EAST COAST II BUM PORTS (TOUT CONTARCRBED VESSELS) mtmmtakttm %n nn ivi NUAMMTMrMB 7/1 M/l l/l 11/1 SON MB Jl/I n/l VII 11/11 MPSKOREA (FULLY CONTA IVI 11/t 17/1 11/ l 11/11 IV It sr.INT IM A»A AGiNCKS PTI I'o373 words
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Advertisement427 1983-07-07 19 BOUSTEAD SHIPPING AGENCIES \A BANK LINE EXPRESS HDEPENPEWT SERVICE TO UK/CONT I P 9 RE HULL hmbg MEADOWBANK In Port 26 Jul 29 Jul 1 Aim IVYBANK 23 Aug 19 S«p 21 S«p 25 S«p Lykes/i Lines U.S. GULF WRECT SERVICE from GENEVEVE LYRES WLM LYRES RUTH LYRES N* fete427 words
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Page 20 Advertisements
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Advertisement1366 1983-07-07 20 NEW YORK/E. CANADA KAWASAKI KISEN KAISHA, LTD EXPRESS CONTAINER SERVICE rem KSSfi store wono kssei tokyo rrom svnah si om JERSEY MARU *6727 M 20 Au« 29 Aug 25 i.¥2 G£¥W 15 W YORKIAARU V7l 2% 1 Sept 30 Aus 3 s»t M ROSY *6 22 M PUSO MARU V1,366 words
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Advertisement365 1983-07-07 20 CALIFORNIA/PACIFIC NORTH WESTSERVICE EXPRESS CONTAINER/REEFER SERVICE Im** tar lOS ANGELES SMI FRJWCSCO SEATTLE TACOMA IANCOWI »C *CC«*M« fa/fa rt—i AUSTRALIA EXPRESS CONTAINER SERvlcf ACMMMI Fa/ra rwtMwn f Spare Mdt Srin Uv, ~ummr »/i« Mr 11/1? ah** 7am, «m, -MW It Mr 70/71 7 A*f ,2 ?8% 21/31% us* 1,2 JHZtZZZ365 words
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Advertisement531 1983-07-07 20 KORINS MARITIME SERVICES K 114 Anson Ro*d. #18-01, Tunas Building, Singapore 0207 Tml: *****22 A *****67 P Kalang Tal: *****1 /8 RED SEA/PERSIAN GULF/MEOITERRANE AN SERVICES S oorc L 02cfcnf For HAEWOO MO 5 8 My SertfuaTrpoi LEADBON 18 July Band* Abbas HAEWOO NO. 2 28 Au| Auab/Aieiandria/Benftuzi/Tripai HAEWOO NO.531 words
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Advertisement595 1983-07-07 20 INTRAStA (PTE) LTD. j < -u BREAKBULK SERVICE TO EUROPE/UK S p«r« P. KBam Laa*« terANANGEL PEACI 08*3908 12 J* IS J* RTMM/IK (AVON) ALPAC LINE S pore p KeU ALPAC ASM 111 MB IMi MP* Venal Lm*k Mi Km** MMnmus/nnM Afb fcw WlMa (HI) lIP NOW »a«Sll yy 1:0595 words
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Page 21 Advertisements
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Advertisement536 1983-07-07 21 TO EUROPE/UK (VIA SUEZ): N GARNET 15*+. MERCATOR 31*.... K CHANCE 13* T* BRDGE 16*.... K JACEJN 20* C PAUL 36* Also accepting cargo to/from Scandinavia N GARNET S pore Closing Times FCL €argo LCL Cargo 1800 8/7 0600 8/7 FROM EUROPE (VIA SUEZ) Havre 0 CHIEF Sailed C PAUL536 words
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Advertisement481 1983-07-07 21 HEUNG-A SHIPPING Korean Flag Vessels DOHA* SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. BUSAN INCHON SEMI CONTAINERISED DIRECT SERVICE TO CHITTAGONG. CMALNA. CALCUTTA Count JOtS fK*. JO'S SP<*f *GI*IS MFpruw tana: rrt no T«H ???«!!I ??04?tt •Mi «»<*!* ACINIS 'unas situ so* »c *1 414M0 *****4 P* Itv*4 ni th itrj/i:481 words
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Advertisement833 1983-07-07 21 u SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SiISOV BULOING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 L*i#o Cable Address SINSOV SINGAPORE M. Numbers OS 21M0SS 2^M2510« P KfIANG PEMANG M/S SHAWM? NAM SOON SON BHD IST AND 2ND fLOOfi MESSRS HAI THONG SWPW. a. X IMC iiTi.q'833 words
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Advertisement116 1983-07-07 21 SOON KIAT SHIPPING PTE LTD 3 Slwntofl »o* #70 05 *7006 Sfwntori Hone Smhpmf 0106 IH ***** M (5 l»*s> 'Hn RS36I3S SASHf REGULM SERVICES TO EAST MALAYSIA n« no kstmtoi •tablet I* Sri ha tea lb 4 HM| LM I Sri tai Nu lb Mw* Halo* 14/7 U/7 15/7116 words
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Page 22 Advertisements
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Advertisement409 1983-07-07 22 I'cjiioiial Container IJiios 1,...........1| 2 Sailings Weekly Reliable Regular Punctual ierthing PSA 1500 Hrs Tuesday Saturday SINGAPORE ISLANDS LINt. MIDDLE EAST REGULAR LINER S>an PR P* L«a*« fv. I BUM 22/26 M Md.MuOkabi.Ba I BUM) 11/22 ta| CM., KarxM. EAST MALAYSIA REGULAR LINER (Specialising in heavyltfl cargo and containers) DSRLINES^m409 words
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Page 23 Advertisements
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Advertisement50 1983-07-07 23 I'V OPlf NT At SI AAINPN I INI AUN 'Ml i SlN*'. APORf Tf i ??OSMM SAI k S BOO« IN' .S ??1 Tf MM NA P T K I AN r St AI lON SMIPP'NC, <Mi SON BMP Tfl PINANG I INKS M SDN HMD If I V. W50 words
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Advertisement202 1983-07-07 23 Scan Dutch V*"* f To Europe (Med/UK NC/Scan) Anson In Port Anson 14/7 Anson 21/7 Anson 28/7 FEE P. KELANG B Butang 9/7 B Kemsamg 15/7 B Butang 22/7 B Kemumnj 29/7 VESSEL Bunga Sum Tojrama Ned Houtman Juttandia To Red Sea/Mediterranean SINGAPORE JEDD Anson Sid Anson 4/8 Anson 30/8202 words
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Page 24 Advertisements
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Advertisement359 1983-07-07 24 WORLD 'B* LINE EXPRESS REGULAR SERVICES iAPAN/HONGKONG/STRAITS spo« not hi Port 113 Mr 9/10 I« My 14/15 1102 My 21/?? vessel GOLDEN LME »UI SHMX Till* M NSC mat* btrO Soppon X PHI C* 303 CS7 hppn Cm Aftnt IVfOM OKS (S) PIC lID Mm* Trait C«rtra 1 Mht Spn.359 words
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Advertisement329 1983-07-07 24 c > P.T. KALIMANTAN Vf SHIPPING CO. LTD. I«l UN TMIAH ABANf, l?3/17b lAKMI* Til 3/4199 J***** 3437% .'•axis KALIMANTAN SHIPPING PTE. LTD. *~O r I f\ A7A S 020? Tel *****64 (5 lines) ANTARA SHIPPING SDN BHD 111 «>%-«% «N V- V£A£' Gfn'fji '{fnl 1 P HUANG PINING P329 words
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Advertisement95 1983-07-07 24 B. S. C. BANGLADESH NATIONAL LINE SINGAPORE BANGLADESH SHUTTLE SERVICE ARABIAN GULF EXPRESS TIV:! [Q **s -i s I S t i s*: J y/i iv: l«: ii r.T. PPM TAMO JUNG •m cu m i*. C/ 13 11/7 13/7 Murta P.T. ASTRI LINE Ml ET> TO I*.* ELANC 4/«395 words
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Page 24 Miscellaneous
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Miscellaneous125 1983-07-07 24 Wave height SIGNIFICANT WEATHER AND BEA CONDITIONS AT 730 AM. THIS MORNING. LEGEND? K Thunderstorm Temperature °C A\ ttmm Weather Wind direction with speed in knots V cv W*ve height Cloudy Sky (o) One tall circle repreesnto calm or light and variable winds. J__ One half deche ii|s tends 5125 words
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