The Business Times, 14 July 1983

Microfilm: NL14141
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 67/1/83 THURSDAY, JULY 14, IKS 60 CENTS
    11 words
  • Article
    Lock icon OECD expects three million more jobless
    426 1 Reuter UNEMPLOYMENT in the non-communist industrialised countries will rise by another three million during 1983 to around 35 million in spite of better economic prospects, the Organisation for Economic Cooperation and Development said in Paris. "The long-awaited economic recovery now seems to be getting
    Reuter  -  426 words
  • Article
    Lock icon World Bank reports record loans, profits
    213 1 AP THE World Bank has announced a record year in loans, borrowings and profits. Loans and credits to developing countries amounted to US$l4.4 billion during the 1963 fiscal year which ended June 30, up from $13 billion the previous year. The bank borrowed a
    AP  -  213 words
  • Article
    Project to raise PUB's fuel storage capacity
    477 1  -  By LOH HUI YIN THE Public Utilities Board will have about three months of fuel oil supply in the six storage tanks to be built at its Pulau Seraya power station. This is based on the total storage capacity of the tanks against
    477 words
  • Article
    Tenders for $130m treasury bills
    180 1 THE MMeter? Aathsrity sf Staoparc lavttod teaders far trwwy Mils wwth IIM mllllaa. lie 11-day bills will be Issaed aext Maaday te Friday. Bach leader by be art leas thaa tU»jm. The kills will be tamed te the highest Udders. The MAS, aeeerdtaf te Bwariil
    180 words
  • Article
    Job Associates gets $60m contracts from Ngee Ann
    406 1  -  By AGNES WEE NGEE Ann Polytechnic has awarded two major contracts valued at $60 million to a local contractor, Job Associates Pte Ltd, to build the final phases of its extension. The building programme covered in the two contracts has been planned
    406 words
  • Article
    Lock icon Taiwan move to curb piracy
    178 1 AP THE Taiwan government has proposed stiller penalties to curb the pirating of foreign books, musical tapes and video movies. Government officials said the Cabinet has submitted a proposal to the Yuan, Taiwan's top lawmaking body, to increase sentences for violators to a maximum of
    AP  -  178 words
  • BRIEFLY...
    • Article
      Lock icon Trade mission
      63 1 Reuter THE Ministry of International Trade and Industry (Miti) in Japan plans to send an import promotion mission to the United States in September to help soothe trade friction between the two countries. Vice-minister Kazuo Sugiyama said the mission would be led by Toshikuni Yahiro, president of Mitsui
      Reuter  -  63 words
    • Article
      Textile talks
      49 1 OFFICIALS from the United States and Hongkong will meet in Washington today and tomorrow to discuss the increase in Hongkong's exports to the US of several categories of textiles. The talks were called by the US, under the provisions of a bilateral trade agreement signed last year.
      49 words
    • Article
      Lock icon Peugeot to cut jobs
      40 1 Reuter PEUGEOT of France plans to abolish 7,570 mainly production jobs through early retirements and redundancies. The company recorded a net consolidated loss of 2.15 billion francs last year compared with 1.99 billion in 1981. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Steel dispute talks
      54 1 Reuter THE United States and the European Community have agreed to hold talks later this month on US curbs on imports of high-quality steels. The agreement came after the Europeans raised strong objections to the curbs at a meeting of the General Agreement on Tariffs and Trade
      Reuter  -  54 words
    • Article
      Lock icon Cabinet reshuffle
      49 1 UPI KING Hussein of Jordan may reshuffle his Cabinet in a bid to improve relations with neighbouring Syria, the newspaper A 1 Qabas reported yesterday. It said Hussein would ask former prime minister Zaid al Rifai to head the new Cabinet, replacing Prime Minister Mudar Badran. UPT
      UPI  -  49 words
    • Article
      Lock icon Gott blames Canada
      65 1 Reuter THE Foreign Investment Review Agency (FIRA) in Canada has been told by a panel of the General Agreement on Tariffs and Trade (Gatt) that it violates Gatt rules. The finding follows a complaint by the US last year that foreign companies setting up in Canada have
      Reuter  -  65 words
    • Article
      Lock icon France to lift quotas
      61 1 Reuter FRANCE has agreed to lift import quotas on Hongkong quartz watches and a number of other products which were deemed inconsistent with rules of the General Agreement on Tariffs and Trade (Gatt). Gatt has ruled that the French restrictions violated rules prohibiting quantitative quotas and
      Reuter  -  61 words
    • Article
      Lock icon Japanese warned
      61 1 AP TWO top European officials have warned Japan that it must increase imports and restrain exports if it wants to preserve its markets in Europe. West German Economics Minister Otto Lambsdorff and Sir Campbell Fraser, president of the Confederation of British Industries, both said rising unemployment and the
      AP  -  61 words
    • Article
      Lock icon Korean deficit widens
      51 1 Reuter SOUTH Korea's current account deficit widened to US$l.32 billion in the first half of this year from $721.7 million in the same 1982 period. Officials attributed the larger deficit to lower earnings from overseas construction, especially in the Middle East, and to a larger trade deficit.
      Reuter  -  51 words
  • Article
    Biggest fall in market indices since May 23
    191 1 WOBBY ahoat restrtetlsM Is cut excessive speculation and a weak oversight Wall Otioet seat the local stock market tarts Its biggest dally drop in nearly The Baslaess Tines Ciaipirtte Index foil 11.11 points to »4.77 while the Straits Times ladasUtal Index shed
    191 words
  • Article
    OUF pay-out by cheques from tomorrow
    364 1  -  By JOHN LIM OVERSEAS Union Finance Ltd (OUF) will resume its pay-out to depositors tomorrow but payments will be made by crossed cheques and not in cash. According to a statement from the Official Receiver, Mr Lim Ewe Huat, who was appointed provisional liquidator
    364 words
  • Article
    Lock icon July 25 talks on HK
    152 1 Reuter, AFP SECRET Sino-British talks on Hongkong will resume in Beijing on July 25, Chinese and British officials said in Beijing yesterday at the sad of a preliminary round of prgotiationi "The two sides have had uteful and constructive talks," they said in a Joint
    Reuter,; AFP  -  152 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      246 1 Ibps h CarAudo Technology FUJITSU TEH LIMITED AMATEUR PHOTO STORES LTD Singapore: Phone *****22 Kuaia Lumpur Phone *****3/*****0 '•nang. Phone *****/***** Jakarta: Phone *****9 US Treasury Secretary Donald Regan has expressed confidence that the dollar will soon fall from its recent highs and that interest rates will not rise Page
      246 words
    • Advertisement
      Page 1 Advertisements Column 2
      10 1 No copier can match TOSHIBA BD-45U on features and price.
      10 words
    • Advertisement
      Page 1 Advertisements Column 3
      82 1 ,***** -4$ Now that youVe heard about us, remember why. v ■A* t 1 m 1 m BTW? We're the car rental company which offers the kind of service people talk about. Meticulous maintenance of our cars. Scrupulous sen/ice. Accessories that anticipate your needs. And this year we've even added
      82 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Regan says dollar will decline from highs
      334 2 Reuter UNITED States Treasury Secretary Donald Regan has expressed confidence that the dollar will soon fall from its recent highs and that US iaterest rates will not rise. In an interview in the conservative French daily le Figaro published on Tuesday, Mr Regan
      Reuter  -  334 words
    • Article
      Lock icon US bond yields expected to rise
      225 2 Reuter SALOMON Brothers chief economist Dr Henry Kaufman expects US long government bond yields to be between 11V4 per cent and 12 per cent by year-end. In the firm's quarterly investment strategy report, Dr Kaufman forecast the federal funds rate would trade between 9
      Reuter  -  225 words
    • Article
      Lock icon Need for Caracas to act firmly
      165 2 AP VENEZUELA faces "severe consequences" if it falls to act decisively to improve its financial condition, a report by the International Monetary Fund warned. The country will have to make great efforts in cutting down public spending if the economy is to recover, says
      AP  -  165 words
    • Article
      Lock icon Argentina clears way for loan
      202 2 Reuter ARGENTINA has essentially brought interest payments up to date on its public-sector foreign debt, clearing the way for a US$l.5 billion loan for it to be signed this month, William Rhodes, the chairman of Argentina's bank advisory group, said. Mr Rhodes, a senior vice-president
      Reuter  -  202 words
    • Article
      Lock icon Dai-Ichi Kangyo taps US$10m
      86 2 Reuter THE Singapore branch of the Dai-Icbi Kangyo Bank will issue US&O million of floating rate certificates of deposit (FRCDs) in the Asian dollar market, lead manager DBS-Daiwa Securities International said. The bank has the option to redeem the four-year issue at the end of the
      Reuter  -  86 words
    • Article
      PLR
      22 2 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 8.06 per cent.
      22 words
    • Article
      ASIAN $ RATES
      184 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on July 13: USDOanKSpt) 7 days 13/18 11/10 1 month in 2 month* 101/18 9 15/18 3 monlhi 10 5/18 10 a/18 months 10 11/18 10 9/10 months 10 13/18 10 U/l« 12 months 10 15/1810 13/18 Das. 8w.fr* /icy4L
      184 words
    • Article
      Discount
      44 2 t i ■8 ■d by discount houees oe July 1J: Overnight: S Call deposits S —1 CWta( 3-month MBm Treasury bills 2 9/16 S7/1C 5-month Bank bills l/u 7 15.16 3 months CD 7H 7H months CD 7H 7H Source: National Discount Co
      44 words
    • Article
      Hongkong
      104 2 THE US dollar wax little changed from its opening levels after featureless, mainly technical, trading for most of yesterday. The US unit edged lower to 2.5885/95 marks from an early *****/5804 and was below New York's close at 2.5910/20. It was little changed at 2.1140/80 Swiss francs against 2.1150/65
      104 words
    • Article
      London
      104 2 THE dollar yesterday opened quietly steady, well underpinned by expectations of a tighter US Federal Reserve policy, with sterling drifting on the sidelines. The dollar opened at its late Hongkong level of 2.5885/* marts, 20 basis points up on its close in London, but lower than the 2.5910/30 quoted
      104 words
    • Article
      Lock icon Brazil likely to avoid debt moratorium
      456 2 Reuter BRAZIL is likely to avoid an open default on its debts in spite of a refusal by the Bank for International Settlements to renew a US$4OO million loan, foreign commercial bankers said. "Brazil has gone so long without declaring an official moratorium that
      Reuter  -  456 words
    • Article
      Singapore market
      463 2 THE US dollar experienced minor fluctuations against major currencies in quiet trading yesterday. It weakened against most currencies except the local dollar. Against the local unit, the US dollar opened at 512.1290/00. Uncertainty over US interest rates kept trading light. The high for the day was $2.1310/20 and
      463 words
    • Article
      GOLD
      310 2 GOLD FUTURES in Singapore yesterday closed steady to slightly lower compared with New York's level after fluctuating marginally throughout the session. Trading was quiet and cautious in a market which was uncertain over the near term outlook of US interest rates. Total sales was recorded at 1.188 lots including
      310 words
    • Article
      Silver quotes
      29 2 New York TW MM 12JTB unav Zurich 1>» I1 ")i 11.CS unav m> 11 > €kafa«prtc WOT TIM aiSB dosed 1t<«R to US dollar* Source: Credit Suisse, S'pore.
      29 words
    • Article
      Tokyo
      153 2 THE dollar yesterday finished little changed at 240.60 yen from the 240.70 opening after a dull day's trading overshadowed by Fed chairman Paul Volcker's Congressional hearings starting today. The dollar rose to 240.85 yen soon after the opening, against the 240.50/65 finish in New York, but later fluctuated narrowly
      153 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      188 2 Hurried travellers vyill appreciate the advantages 4 •IS V 1 v m y f V. X t V P i c* ■k tr V ,-,r W«t > i m «Tr ir- 1 r i I r^rv V I V 9 <V *#r* We know that today's top business traveller is
      188 words
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      685 3 SEMINARS AND COURSES July 14-15: Construction and Real Estate Confronting Current Issues, Mandarin Hotel, Building and Estate Management Society, NUS July 15: Strength of Glass-Reinforced Plastic Vessels and Pipes, Nanyang Technological Institute LTI, NTI July 16, 17: Stress Management and the Professionals Course and Workshop, Equatorial Hotel, Singapore
      685 words
    • Article
      November opening now for new air route
      425 3  -  By KOH TSE YING THE new air route between southern Thailand and Singapore is expected to be introduced as early as November this year, according to Thai Communications Minister Samak Sundaravej. The service, to be jointly launched by Thai Airways International and Thailand's
      425 words
    • Article
      CMT wins grant for electric robot project
      516 3  -  By KOH TSE YING CHARTERED Machine Tools Pte Ltd, a member of the Singapore Technology Corporation group of companies, has received financial aid from the Economic Development Board to develop an electric material handling robot. The grant, amounting to 1180,000, was awarded under
      516 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      265 3 THE Singapore Branch of Continental Illinois National Bank A Trust Co at Chicago has announced the following promotions: T*y TO hi to vice_If operations and administraao *■—g Meng, second vicepresident, as manager, credit and business development. Prior to this appointfyJiLSy 7*^, 01 the Multinational Banking Department in
      265 words
    • Article, Illustration
      Gammon's first contract
      221 3  -  By LOH HUI YIN GAMMON Bukit Besi will manage the Matterhorn Building, now under construction in Singapore's central business district. Gammon Bukit Besi is a joint venture between contractor Gammon (Hongkong) and Matterhorn Pte Ltd, owned by Malaysian-based Mr Yap Chin Kwee. It was formed in 1982
      221 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      50 3 ifri < W m m fl i a Sf Si ui MA *8 *2 v* v t *v V* ,tv •S m Casual elegance by Gucci. Mens ladies' shoes from the Spring/Summer '83 collection. From $229, Available only from GUCCI, Tong Building. Ground Floor. 302 Orchard Road, Singapore 0923. Tel:
      50 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      558 4 1H I 4 f .Ww .«W£fc i d 'i"• J .'.lr.. V>r M-U ,r--fir'#,** v w :"v ;•"•;/;••..r::^;v::v .>-'•• -.v- v" Sv-Xr V op PB: 5 >- .11 w? ':•■■■;y ';r v-\ r{JPiatSl 1 «-r v h .u'f r: &3k#!® y> K- V, m i':" *4 i" 'M -i. ii,>.
      558 words
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  • OVERSEAS
    • WORLD IN BRIEF
      • Article
        Lock icon CME PLAN APPROVED
        539 5 Agencies THE US Commodity Futures Trading Commission unanimously approved a Chicago Mercantile Exchange (CME) proposal to trade a Standard and Poor's 100-stock price index. The index is a ca pi talisation-weighted measure of the market value of 100 stocks on the New York Stock Exchange, the agency
        Agencies  -  539 words
    • Article, Illustration
      Lock icon Protest in court
      106 5 UPI picture ITO Mt every day that eaart Is Jam-packed with peeple, bat these IIM Mid peeple (left) whe Oiled Chile'» Sspreme Ceart balldiag la Saatlage ea Taeeday were aet there te observe a trial. They were there te demaad the release ef Gabriel v aides, leader
      UPI picture  -  106 words
    • Article
      Lock icon Sharp fall in trade deficit
      404 5 Reuter AUSTRALIA'S balance of payments surplus as measured by net official monetary movements rose to U552.43 billion in fiscal 1982/ 83 ended June 30 from n $1.35 billion surplus in 1981/ 82, the Statistics Bureau said. The current account deficit fell to 16.46 billion from
      Reuter  -  404 words
    • Article
      Lock icon Thatcher moves to curb unions
      397 5 AP PRIME Minister Margaret Thatcher's government said on Tuesday it would introduce legislation this autumn to compel unions to poll their members before ordering strikes. Unions which order strikes without consulting their members would lose their civil law immunity to prosecution for damages. Employment Secretary
      AP  -  397 words
    • Article
      Lock icon UK Treasury says no decision yet on early asset sale plans
      181 5 Reuter A UK Treasury qnkesman said no final decision had been taken yet on what assets would be sold to meet the government's short term funding needs. Neither had there been a final decision on timing she added. The
      Reuter  -  181 words
    • Article
      Lock icon Setback for Manila's 'top RHQ site' plans
      330 5 AFP A PHILIPPINE programme to make the country the number one location (or international firms' AsiaPacific regional headquarters (RHQ) "has suffered heavy reversals," the Association of Multinationals said in Manila on Tuesday. The 184-member Philippine Association of Multinational Companies' Regional Headquarters (Pamuri) said
      AFP  -  330 words
    • Article
      Lock icon Bigger losses at BSC
      141 5 Reuter THE recession-hit British Steel Corporation has reported losses of more than £1 million (553.2 million) a day for 1982-3. "Trading conditions were significantly worse than expected, especially during the second half of 1982," Mr lan MacGregor, the Scots-born American chairman of the state-owned body, said
      Reuter  -  141 words
    • Article
      Lock icon EEC ministers reject idea of tax on energy consumption
      192 5 AP EUROPEAN Economic Community energy ministers have rejected the idea of a tax on energy consumption to finance a multibillion-dollar, five-year energy programme. "It looks pretty dead to me," said Mr Peter Walker, representing oil-rich Britain at the ministerial session on
      AP  -  192 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      224 5 St Moritz Gold by Chopard. A brilliant achievement to match yourgDlden moments. In a tribute to the men and women all over the world who continually strive for excellence in every human endeavour, Chopard artists pursued and created the ultimate watch: the St. Moritz Gold. For elegance, the St. Moritz
      224 words
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      Page 5 Advertisements Column 2
      3 5 Editorial.. .page I
      3 words
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  • Article
    There's a limit to freedom
    525 6 EMPLOYMENT Secretary Norman Tebbit is not alone in his fight against too much freedom for the unions. And it is not just the 'Iron Lady* Margaret Thatcher who is firmly behind him in his attempt to curtail some of the union's excesses. Governments the world
    525 words
  • Article, Illustration
    Lock icon Lessons from the East
    1816 6  -  It would be unheard of in the US for a high school graduate who did poorly on the college boards to go to a cram school for a year just so he could make a better score. In Japan, however, one out of six youngsters just
    NYT  -  1,816 words
  • Article
    Lock icon Reviled descendant of Confucius now revered
    602 6  -  By LIU HEUNG SHING AP KONG Ling-peng doesn't wear long scholar's ears. He lacks a statesman's bearing and he never studied the works of China's illustrious scholarstatesman Confucius. But the jovial, roundfaced Kong, a 64-year-old economics professor, bears two decades of scars for an
    AP  -  602 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      87 6 fc" .1 1 -S f--4-« tr >K! 'iV it V v,; ff -m\ A *L <S -A feVv- -KJivook a v a V* i T V "i.: /homi^lss^ From the immense and enchanting land of Russia, comes an exquisite, tantalising cuisine. At the Baron's Table, from July 11 24, we
      87 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      665 6 1 SINGAPORE 5 3.00 PM Opening folowed by Taiji Master (Mandarin/ r) 3.45 This was the Beginning The Invertebrates and The Vertebrates 4.10 Hawai Fhre-0 Anatomy of a Bride (r) 4.55 The Flockton Flyer Ready Mien You Are Mr Cutley 5.30 Kidsworid (Last Episode): Children's news programme 5.55 Animals, Animals,
      665 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      27 6 Graves, InC". THINK OF HOUR ttKKT? HiSAIP Ht mtrw Toseerr m 4* 1 •i, By Pat Brady .ANPTHENHfc -threw rr IN M BVK M I rv m
      27 words
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  • Article, Illustration
    Lock icon World airlines gear up for better times ahead
    1063 7  -  Aircraft manufacturers were having a lean time of it but signs over the past few weeks show more than a glimmer of hope. Boeing, the world's biggest manufacturer of jet airliners, has logged new orders for 29 jets while Airbus Industries, one
    FT  -  1,063 words
  • Article
    DAILY AIRCRAFT MOVEMENTS
    743 7 ARRIVALS Service Local Operator Number Time From PAA PA5 0015 JFK/SFO/HKG BA BA14 0045 MEL/SYD/PER MAS MH601 0620 KUL MAS MH671 0905 KUL MAS MH811 0910 PEN SLA SQ103 0945 KUL RBA BI421 1000 BWN GIA GA887 1020 LGW/FCO/BKK MAS MH603 1020 KUL CAL CB14 1030 HLP
    743 words
  • Article
    Lock icon Holding sway over life, death and politics
    863 7  -  By CHARLES ALDINGER Reuter IN a flurry of sweeping and sometimes stunning decisions, the United States Supreme Court has shown again that it wields immense influence ov et issues of life, death and political power in the country The black-robed justices, eight men
    Reuter  -  863 words
  • Article
    Lock icon Stiff price for Soviet business
    513 7 Reuter MOSCOW'S World Trade Centre (WTC) was designed to lie a businessman s paradise, but many Westerners in Moscow feci that it has done little to alleviate the basic problems of operating in the Soviet Union. The centre, a brainchild of American oil baron Armand
    Reuter  -  513 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      23 7 Pan Am's Space Seats Around The World More Seat room, More Legroom, More Space To Stretch Out. Pan Am.You Can't Beat The Experience.
      23 words
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      Page 7 Advertisements Column 2
      275 7 NETWORKING: uiiiiia ■■■siaaflHiPTfWH Inmrrivii nuri MW flfi in T he most powerful trend in the field of Electronic Data Processing today is the merging of computer and communication tech ologies The evolving techniques will substant ally affect the design methodology and utilization of computing devices in all environments. The purpose
      275 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      655 7 fciStcW: FamKDicfcenS I MRVe vou see>i weuJ -renP p sues GoßGeoos r^) L*__ 1 /""O <&? jcxjs JOKC GjmPofcium TD UKC R Ono*JSTP«CH€. F\ CI_oTCHIrJG Mp^nd I -IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Scolds some child with the name of Des (6) 7 When the game is interrupted for me
      655 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      825 8 Where to wine, dine and entertain B with the American Express Card you don t already have the Card, call *****33 for an application form" For kmci). For dinner For a richly rewarding experience -i K •>•,!*!* K For reservations rail 7379h77 A w H- < «'i ill li*\ I
      825 words
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      Page 8 Advertisements Column 2
      223 8 (Resort lo out Qfiupcrb ffiisines <Tfir iflebaUton (Prill »£>&* I r«'.ii «<iuis< It {<i <1111 i.miouv Piinu Rili In I in low II M l\t«l on a Sl|\t JIJOII. I IlV\ nut 111 tin ll\« Clllt l IJIIIIIII I>l<>\ l>\ ill. ilipino |).,n,| ihf '< orpu/ I iio" rll1111 tnmi
      223 words
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  • RAW MATERIALS
    • Article
      LONDON MARKETS
      1027 9 COFFEE: Robusta coffee futures at midday yesterday were around session highs at between £10 to £3 a tonne above Tuesday's close in traded positions. Buying by one trade house set the tone for a firm morning after a little changed opening, prices had been expected to open around
      1,027 words
    • Article
      Produce exchange
      180 9 CHINESE Prtdiee Exchange, Singapore, closing prices per 1M kg ea Meaday. Yesterday's prices were ana valla Me. CMMrt «II: Bulk fob $119.00 sellers, old drum (in second hand drum) fob $132.00 sellers, new drum fob $136.00 sellers. Cepra: Mixed (loose) $70 buyers. Pepper: Muntok white pepper fob Asta
      180 words
    • Article
      TEXTILES
      196 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cettea yarn: China Blue Phoenix 20s 2,515; 32i 3,280, 40s 3,385 (per bale of 400 lbs). Piece gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      196 words
    • Article
      PALM OIL
      128 9 THE Malaysian crude palm oil market on Monday closed easier on renewed selling and lack of interest in moderate trading. In July, south fell Mss to MJ807.50 a tonne and central M 53.50 to MJ801.50 while in Aug central lost Mss to MsBoo and south M 52.50 to
      128 words
    • INTERNATIONAL STOCKS
      • Article
        Milan
        89 9 JULY U Lire Battofl IIOlTS -525 Bel Central* Ord 1190 -96 Cond Aequa Rom* 144.75 -7.25 Erldanla mo 10 flat Ord 2MB -M Otnermil *****0 75 Otm 3038 >36 Ifl Prtw 4006 -36 Invest 2300 +90 Italcementl Ord ***** -900 Italgas 935 -13 Lepetlt Ord ***** 190 Madtotwnca UUino
        89 words
      • Article
        JOHANNESBURG
        293 9 JULY 12 Rand Trust Bk 1*0 ># Un Steel 90 unch INDUSTRIALS Unlaec 400 unch Wool worth 1100 -•-SO A Alpha MO -10 MININGS Abcrcom 250 unch AE And CI 886 400 -6 -10 Anglo* Anflraal 2240 7100 unch *3?™' 3 IS loan -26 Blyyoor* BurfeU 1100 7000 -25
        293 words
      • Article
        Paris
        187 9 JULY 13 Pr* GKOUP B CORBEILLK Air-Liquid* Ot B 8 N Oer*ml» DftlMfM IffO C 8 F (Thomjon--3 4-31 Carrefour Pinanciere de IHnkm Lafarce Moet-Henil—| 1302 OOJO 370 1230 13M0 -S OJ 4-1 14 0.4 Cie Prancalae (Jet Petrolei Credit Ponder De Prknce 144-50 M6J0 430 -05 4U -7
        187 words
      • Article
        Frankfurt
        79 9 JULY 12 nm Hoectut i<nn -1J Hoaach 31. MB Aec-Teiefunken 71-30 -OS Horten 142J0B BASF i30i» -1J •u -u Karaudt KHD Linda 2M00B Barer BMW 13X30 300 00 moo 307.00 -3.7 -5 Commervbank Contl Oumml 179.00 107J0 -4 -0-3 Preunaa 145-506 moo -3 □almler-Bem Dafuna 578.00B 1 Rwa ST
        79 words
      • Article
        Brussels
        81 9 JULY 12 Fr» FORWARD MARKET tin -A Or Bru Lamb Hobo* Patm Ryl Dutch HVIro 2310 5710 MOO -10 -30 -30 -U Arbed Astur Brsjcan Cuptc Cock I De Been Ebe» Elactrobel 1X10 430 1410 3000 140 M 3425 6370 X unch SO -> -10 unch unch Soc Ocn
        81 words
      • Article
        Zurich
        188 9 JULY 12 Francs Actions SuUaes 2M unch Alusulsae Br. TOT -ft Alusulsae Ret Brown Borert Br m 1 IMS •15 abt Oelgjr Br. no -S Clba Oelty P C 1<2S -5 Clt* Oelfy Ref Credit Suisse Br S2S 30K ■4 5 Credit Bullae R*f 308 2 Elektrowatt Br. WO
        188 words
      • Article
        Amsterdam
        134 9 JULY u ru ABN 774 00 -4 Ahold Its 00 Akao •12 AMEV ***** -1J Amrobnk (1.10 unch 8*"- ]8 00 Boa Boat Calv Dell Mlj Elsevter ***** Ffh Ounma 40 20 1S4J0 -13 OobtJn Hipmeytr 41 SO 12 Hbf 96 50 -15 36 20 Hundou HVA Intn Mullcr
        134 words
      • Article
        Prices sharply lower
        1018 9 NEW YORK INVESTOR concerns about rising interest rates and possible changes in Federal Reserve monetary policy pushed stock prices sharply lower on Tuesday. The Dow Jones Industrial Average tell 17.02 to 1196.52, erasing a rise of 8.31 on Monday. The Blue Chip Index last finished below 1200,
        1,018 words
      • Article
        TORONTO
        171 9 JULY 12 CI AhltlKl Alcan a Alfoma a H Bank Mont Bank Notm Scotia Bel) Ttl a 49 23 23 H BP Can Ltd MH no Can Pnn M| P >npA/* Carting OK *cf« 1 lb Cn BUM CI A Comlnco Com llartwnor Oankoc H Dvnlaon <2 Don Stores
        171 words
    • Article
      SOYBEAN
      123 9 SOYBEAN futures in Chicago on Tuesday closed two to five US-cents a bushel higher in moderately active trade. August traded in an eight cent range. Prices continued to climb on forecasts calling for more hot, dry weather in prime growing areas. However, some traders said heat cannot damage the
      123 words
    • Article
      WHEAT
      174 9 WHEAT futures in Chicago on Tuesday closed down two to V« US-cent a bushel in moderately active trade. September held in a 2V« cent range. Prices traded higher on Tuesday morning as buying interest spilled over from higher corn and bean futures. However, the fragile support broke on speculative
      174 words
    • Article
      RICE
      336 9 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.04, 100 per cent second class 0.76, 100 per cent third class 0.73, 25 per cent new crop 0.58, B-10 per cent no stock. THAI BROKEN: A-super 0.60, Special 0.54.
      336 words
    • Article
      Lock icon Rise in tin buffer stock despite sales
      252 9 Reuter THE International Tin Council's buffer stock held 32,806 tonnes at the end of March, compared with 31,061 tonnes three months earlier. The net increase of 1,745 tonnes, bought in London and Penang during the first quarter, masks the sometimes hectic activity by
      Reuter  -  252 words
    • Article
      RUBBER
      154 9 RUBBER futures in Tokyo yesterday closed 0.1 to 1.1 yen lower in relatively active trading. Values maintained steadiness initially following higher London advices but later turned lower with smaller investors and other traders wary of recent high price. But current July alone added 0.3 yen to 284.4 yen a
      154 words
    • Article
      Lock icon China's grain imports may fall
      311 9 Reuter CHINA'S grain imports this year may decline slightly to around 15.0 million tonnes from last year's peak of 15.6 million tonnes. The US Agriculture Department, in a review of China's agricultural situation for 1982 and outlook for 1983, said that long term purchase agreements
      Reuter  -  311 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      159 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 his
      159 words
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      Page 9 Advertisements Column 2
      0 9 |-{,=~;>>/|/=:-=\-}?".!)>/'=^[*
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      Page 9 Advertisements Column 3
      273 9 Why Makes Sense You can use our accounting service for as little as $500 per month to assist you to manage your business. CPS is fast and easy. We deliver your financial reports within 2 days. I Your accounting staff saves long hours. You don't have to risk installing equipment
      273 words
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  • Article
    BUSINESS DONE ON THE SES
    3201 10 BID and offer prices officially listed and business In and reP°rtWto the Stock Exchange of yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. All Tlmea,Settlement Contracts are the word "*tt" Big Bo«d deals (In lots
    3,201 words
  • Article
    SHARE INFORMATION SERVICE
    3517 10 4983 High Low Company Last Sale or-Gr-s Div Div Crr Gr*s YTd Net P/E Vol (•000) Day High Low f SECTION ONE 9 4 INDUSTRIAL COMMERCIAL k 286 235 Acmt 354 148 Alcom 287 148 Allied Choc 306 154* B A T 22* 410 3S6 Bala 120
    3,517 words
  • Article
    COMPANY BRIEFS
    49 10 PEGI Malaysia Berhad: AGM to be held at 17th floor, Komplek Kewangan, Jaian Raja Chulan, Kuala Lumpur, on Monday, July 18, at 11am. TDM Berfcad: Eighteenth AGM to be held at the Cempaka Room, Hotel Equatorial, Jalan Sultan Ismail, Kuala Lumpur on July 18 at 11 am.
    49 words
  • International ROUNDUP
    • Article
      THE Hongkong and Shanghai Banking Corp's
      167 10 new headquarters building in centra] Hongkong will cost about HKSS billion. Basic construction costs are estimated at 13.2 billion and special costs, including computerisation, security and interior decoration, will be about $1.8 billion, the bank said in a statement. However, the estimate does not
      167 words
    • Article
      NEW World Development Co Ltd
      75 10 has agreed in princi- ple to acquire a €0 per cent controlling interest in the Hongkong Islands Shipping Group. The takeover, valued at about US$2O million, represents New World's first major diversification from its property market activities into shipping, the company said. However, it said
      75 words
    • Article
      THE Phillippine Securities and Exchange Communication
      68 10 wants to improve the local market climate to perk up stock trading, SEC chairman Manuel Abello said. He said foreign brokers should be encouraged to trade in the Philippines. Activity on the exchanges is at a low, Abello said. Transactions in Manila and Makati
      68 words
    • Article
      CABLE & Wireless PLC
      219 10 CABLE Wireless PLC has reported pre-tax profit of £157 million (£B9 million) for the year ended March 31. Turnover was £403 million (£352 million). Earnings per share came to 36.2 pence (17.1 pence). It has declared a final dividend of five pence, making a total of 8.2 pence (6.6 pence).
      219 words
    • Article
      THE outstanding balance
      67 10 of margin buying positions at the Tskys, Osaka aad Nageya stack exchanges rose 27 billion yen last week to a record 2,307 billion yen at the end of the week, the Tokyo Stock Exchange said. This was the seventh consecutive week that the outstanding balance had set
      67 words
    • Article
      Lock icon ANGLO-American Corp of South Africa Ltd
      105 10 Agencies will in- crease capital expenditure at its gold mines by about 100 million rand in 1963, chairman Gavin Relly said in his annual statement. He forecast expenditure this year at about 646 million rand, of which 400 million will be spent in Transvaal
      Agencies  -  105 words
  • Article
    Share prices fall sharply
    902 10 THE local market fell *orpiy yesterday foltowiag «harp overnight decline la Wall Street aad reperto that Malaysiaa brokers had started to impsoe lasrglM tradlag. Taraover, however, waa low. Ito Bariaesa Times Cempeolte ladex shed 11.11 ptoato to t54.77 aad the Straits Times ladastrtal ladex fell 11.81
    902 words
  • Article
    Unit trusts
    177 10 Managers' prices fsr July 14 SINGAPORE UNIT TRUST DIAMOND MOT S'PORE The Commerce 3.42 3.(3 June July The Savings Fund 1 99 2.11 Diamond S pore Prog Fund 1.56 1.64 S'pore Fd (USJ) 0.55 0.59 S pore Sec. Fund 2.33 2.47 s» 1.15 1.25 S pore Invest Fund
    177 words
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  • COMPANY NEWS
    • Article
      Lock icon Amex to pay US$1bn for insurance marketing group
      563 11 NYT THE American Express Co has agreed to acquire a major mutual funds and insurance marketing company for US$l billion. The company, Investors Diversified Services Inc. is the main subsidiary of the Alleghany Corp, and the takeover will substantially expand American Express'
      NYT  -  563 words
    • ASIAN STOCKS
      • Article
        Prices narrowly mixed
        303 11 HONGKONG STOCKS yesterday closed narrowly mixed after a quiet half day trading session. Prices eased initially in line with overseas advices but recovered on sporadic local buying towards the close. Brokers noted investors mostly stayed on the sidelines awaiting the outcome of the SinoBritish talks on Hongkong.
        303 words
      • Article
        Sydney at year high again
        302 11 CONTINUING interest In oil and gas issues helped Australian sharemarkets post their fifth consecutive gain despite a sharp downturn on Wall Street overnight. The All-Ordinaries index rose 1.6 to 62L8, a new high for the year. National turnover rose to A 535.79 million from $31.69
        302 words
      • Article
        Tokyo shares close lower
        445 11 SHARE prices yesterday closed lower for the fifth successive day in moderate trading in line with the fall on Wall Street overnight and in reaction to a continued rise in margin buying positions. The market average lost a provisional 53.61 to finish at 8,883.60 on a
        445 words
      • Article
        Bangkok
        133 11 SHARE prices yesterday closed lower in inactive trading at the Securities Exchange of Thailand. JULY U Bahta Aot ham Thai Alia Plbn 144 >2 Anthm In*. And Truat 137 unch Banfki-% Bank Bank Of Ayudhajra at unch Ltd IHl Shot IS1 1 Btrll Juekar m Charoong Thai Win rirratona
        133 words
      • Article
        Manila
        104 11 SHARE prices yesterday closed mixed on a turnover of 3.41 million pesos, up from 2.81 million on Tuesday. JULY 13 AeoJ* Mining Anglo Ptlll Apex Mining B AUu Con. B. Bagulo Ootd B«slc Petroleum BtnfiMl Con B CDCP Ptm PhU Hldgs Lepanto B. Mtrlndoque B Martteel Oriental B Phil
        104 words
    • Article
      Diners Club's role in Johan
      1205 11 JOHAN Holdings' acquisition of the Diners Club operations in Malaysia and Singapore (Its neatly Into its plans (or a financial supermarket. The plans form part of the group's grand strategy of moving into five key areas properties, trading, manufacturing, financial services and plantations. As Johan
      1,205 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      77 11 AVAILABLE FOR APPOINTMENT Consequent to change in ownership Singapore based EXPAT executive seeks SENIOR/MIDDLE level appointment. Extensive oH round GENERAL MANAGEMENT experience preceded by MARKETING and MANUFACTURING experience gained with local and MNC Also Management Consultancy experience. Basic strengths include LEADERSHIP qualities, effective COMMUNICATION, ANALYTICAL skitt and ability to deal
      77 words
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      Page 11 Advertisements Column 2
      1161 11 BANCA CQMMERCIALEITA LIANA (INCORPORATED IN ITALY WITH LIMITED LIABILITY-ESTABLISHED 1894) HEAD OFFICE: PIAZZA DELLA SCALA 6. MILANO, ITALY. BALANCE SHEET AS AT 31ST DECEMBER 1982 (in USS) ASSETS Cash and funds with the Central Bank Securities in portfolio: Treasury Bills Other Stale or Stale guaranteed bonds Bonds of special or
      1,161 words
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  • Chief Price Changes
    • Article, Illustration
      SINGAPORE
      190 12 Rises KlLUMtriM Tiaak CMMI fuwt<k OkaIM Milteu CCN AMM Choc RU Fall# 196 806 975 334 231 970 460 348 90 1400 1190 1000 800 960 940 m 740 960 790 710 860 090 900 21 1S 14 12 10 10 +8 -86 -90 -90 -90 -90 -80 -26
      190 words
  • Article
    LONDON STOCKS
    822 12 SHARE prices cloeed lower yesterday, largely in reaction to the overnight (all on Wall Street, dealers said. At 3pm, the Financial Times index was down 4.9 points at 677.2. Leaders were above early lows in places, with Id down 6p at 518 after 510, but trading in general
    822 words
  • Article
    MMC exploration projects likely to cost M$50m more
    517 12 mm Companies Editor: llano Sabnani MALAYSIA Mining Corporation Bhd, the largest mining company in the world, has projected that it would need to spend a further M|SO million during the next five to six years to complete its existing exploration projects in
    517 words
  • Article
    Selected Indices
    50 12 H.K.HANG SENG Wednesday 102C.55 Tuesday 1037.11 Week Ago 1018.48 AUSTRALIAN INDUSTRIALS Wednesday 751.5 Tuesday 752.0 Week Ago 740.3 ALL ORDINARIES Wednesday 621J Tuesday 6202 Week Ago 8035 FINANCIAL TIMB8 INDUSTRIALS Tuesday 882.1 Monday 878.5 Week Afo 801J DOW JONES AVERAGE INDUSTRIALS Tuesday 1198.52 Monday 1215.54 Week Ago 1208.53
    50 words
  • Article
    Public Finance gets new status
    228 12 PUBLIC Flaaaee BM, the whally swaed nhMtry at Pa Hie Baak BM, ku bm naitei the "approved (laaaelal laiUutUi statu" by the Makyriu Ml Hell j sf Flaaaee. The aew statu was graated after the eeaapaay had fatfUM reqalremeats aader the New BciaiMr 1, i
    228 words
  • Article
    DBS unit
    21 12 DBS Bank said its subsidiary in Hongkong, Sapperton Ltd, has increased its authorised capital from HKJI.OOO to $6 million.
    21 words
  • Article
    Seletar Court to be redeveloped for sale
    585 12  -  By NAJEEB JARHOM BUKIT Seabtwtai Estates LM is to redevelop its old rental property, Seletar Court, into 40 units of sub-divided housing (or sale. Disclosing this in his maiden annual statement, chairman Chan Kum Chee said an application was made to the relevant
    585 words
  • Article
    Lock icon Philip Morris does not plan bid for Rothmans
    332 12 Reuter PHILIP Morris Inc, which shares Joint control of Rothmans International PLC with Rembrandt Group of South Africa, has assured the Rothmans board it has no current plans to mount a bid. Rothmans chairman David Nicholson told a press conference in London
    Reuter  -  332 words
  • Article
    Lock icon DOW JONES LOWER
    78 12 AP STOCK priccs opened mostly lower yesterday, extending the market's broad retreat of the previous session. Mining, chemical and drug stocks were numerous among the early losers. The Dow Jones average of 30 Industrials, which on Tuesday fell below 1,200 for the first time in a month,
    AP  -  78 words
  • Article
    LATEST
    23 12 THE DMlTOlfiiiwift» mMy) far the year eaM April M, IKL Tkere wu aa ■>—» aary gala at «MM arlrtag tr*m M MfaUfln. ■taliijSjihHhtegSiTt
    23 words
  • Article
    Lock icon Malaysia Mining on a search for profits
    941 12 lakmg Stock... By Hock Lock Siew DIFFICULT times are in store (or Malaysia Mining Corporation (MMC). Not only did the group suffer a sharp drop in its pre-tax profits for the year ended January 1963 the third decline since 1961 its immediate prospects
    By Hock Lock Siew  -  941 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      167 12 THE CERTIFIED DIPLOMA IN ACCOUNTING AND FINANCE -the management qualification in accounting for the 1980s The Certified Diploma in Accounting and Finance (CDAF), awarded by the Association of Certified Accountants, UK, has grown to be the premier internationally recognised management qualification in Accounting and Finance. The Certified Diploma Scheme provides
      167 words
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      Page 12 Advertisements Column 2
      0 12 %.){?]<\"$;>@=%+<}?&*?`[[}{=*-_
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      Page 12 Advertisements Column 3
      36 12 Many sell Hardware Some sell Software Some sell Solutions o£ mmsLi Information Processor I 0» El«*l Cowkui H DEDICATED WORD-PROCESSING SEE HOY CHAN GROUP Singapore Tel: *****62/4 Penang Tel: 04-*****9 K.L. Tel: 03-*****0 Ipoh Tel: *****788
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      61 12 OUTLOOK for today: Fair with scattered showers in the late morning and early afternoon. Report tor 24 bears prtor to 7J9 pan m J*ly IS at toe airport: Maximum temperature 30.1 Associated humidity 70 Minimum temperature 23.3 Associated humidity 91 Hours of sunshine 5.20 Rainfall in millimetres 4.5 Total rainfall
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  • SHIPPING TIMES
    • Article
      Lock icon Taipei invites HK owners to move in
      157 13 AFP THE Taiwanese government has been persuading shipowners in Hongkong to relocate their office to Taiwan. According to the English-language China News, which quoted a source, a representative mission from Taiwan's shipping industry visited Hongkong early this year to invite investments by Hongkong
      AFP  -  157 words
    • Article
      Lock icon Line denies rate cuts
      181 13 Reuter THE Yang Ming Marine Transport Corporation is not cutting its tariffs by 40 per cent and wants to avert a freight war with the Londonbased Far Eastern Freight Conference (FEFC), a company spokesman said. The spokesman was responding to a report that the S-member organisation
      Reuter  -  181 words
    • Article
      Medafrica Line extends West Africa services
      472 13  -  By JUNE LIM ITALLAN-based Medafrica Line has extended its West Africa services to Gabon, Cameroon and Congo. The extension became effective last month. It affects all four trading routes operating from the US, Europe, Mediterranean and the Far East. Prior to the change, Medafrica
      472 words
    • PORTSIDES
      • Article
        Lock icon Pakistan ratifies code
        29 13 Reuter PAKISTAN has ratified the convention on a code of conduct (or liner conferences to come into force in October, the Pakistan Shippers Council said. Reuter
        Reuter  -  29 words
      • Article
        New Jersey to visit S'pore
        69 13 THE United States Navy's newly recommissioned battleship New Jersey will visit Singapore on July 18 and 19. This will be the New Jersy's first overseas tour since her recommissioned on December 28 last year. The New Jersey will be accompanied by four other ships, the
        69 words
      • Article
        SNSA's election
        173 13 NEPTUNE Orient Lines has been elected to assume the position of chairman in the executive committee of the Singapore National Shipowners Association (SNSA). The company will be represented by its managing director Mr Lua Cheng Eng. Kapal Management Pte Ltd, represented by Mr Cnung Chee Kit, was elected
        173 words
    • Article
      INDEX TO ADVERTISERS
      704 13 Shipping Um Alea Page VI CM 3 Skipping Um Frata Shpg PM* VI Cnl X Ahrenkiel Liner VI 5 Freight Links V 1 All trans Alpnc vn VI 4 5 Frota Fujiwara Line V IV 1 5 Antara Shpg X 4 Globe Line VI 4 A PC
      704 words
    • Article
      Lock icon Firm plans by East German line to introduce full container ships
      1087 14 Fairplay ALTHOUGH it considers that substantial scope still exists for the "semi-con-tainer" category of liner vessel, the German Democratic Republic's national shipping organisation is firmly set upon introducing full-container tonnage into its deep-sea fleet. Mainly in response to De
      Fairplay  -  1,087 words
    • Article
      LONDON FREIGHTS
      1695 14 RATES for grain chartering out of the US on Tuesday have generally shown small declines where changed, with a vessel booked from the US Gulf to Egypt at $17, down one dlr, brokers said. Honduras arranged tonnage for four cargoes of wheat from the Gulf to Puerto Cortez
      1,695 words
    • Article
      Lock icon FEFC will meet council
      80 14 Reuter THE Far Eastern Freight Conference will meet the Korean Shippers Council in Seoul tomorrow to negotiate a general rate increase, Korea Shipping Corp said as a member of the FEFC. FEFC, which decided to introduce a GRI from Nov 1 at a meeting in London
      Reuter  -  80 words
    • Article
      Lock icon Art objects of France sold for US$1m
      218 14 UPI A PIECE of French history has sailed into the sunset with the sale of art objects from the France one o( the world's most renowned ocean liners. The final tally reached U551,177,160 from the sale of 248 art objects. A pair of
      UPI  -  218 words
    • Article
      Wan Hai run restructured
      53 14 TAIWAN'S Wan Hai Line has merged its Japan/Taiwan and Japan/Taiwan/ Hongkong operations to serve eastern and western Japan separately. Both will be weekly services provided by two vessels each. The eastern Japan route covers Tokyo, Yokohama, Shimtm and Nagoya while the western route will serve Kobe,
      53 words
    • Article
      The Consortia
      193 15 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAB EAfIT/EUBOPE): 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.
      193 words
    • Article
      Open registries may face renewed attacks
      406 15 OPEN registries can expect to (ace renewed attacks at two major international meetings, one later this year and the other next year. As delegates left Belgrade after weeks of debate in the United Nations Conference on Trade and Development, it was clear that the
      406 words
    • Article
      Lock icon Colombian strike declared illegal
      101 15 Reuter COLOMBIA'S Labour Minister Jaime Pinzon Lopez declared illegal an indefinite strike called on Tuesday by the country's 12,000 dockworkers. The strike, at Colombia's main ports of Buenaventura, Barranquilla, Cartagena and Santa Marta went into effect after pay and fringe benefit negotiations between the state ports
      Reuter  -  101 words
    • Article, Illustration
      Port of Oakland forecasts good year
      296 15 THE Oakland Board of Port Commissioners are forecasting revenues of U5547.98 million for the fiscal year 1983-84 commencing this month. Most of the income of the board is derived from the Port of Oakland's three revenueproducing divisions maritime, airport and properties. Executive director Mr
      296 words
    • Article
      SHIPPING LIST where your ships are due...and when
      6704 20 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 of
      6,704 words
    • Article
      Container Schedules
      808 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Arrival for LCL Movement Location Ship Voy Date/Time Operator Cargo Schedule K&p Oavrllov Benv&lla 21BW83 55A 15.7.83 14.7.83 2300 1800 S'pore Sov Ben Line TA 3 FSB 1400-1600/1900-2000 1100-1300/1900-2000 1000-1100/2000-2100 A2/A2 Fl/Fl Gl/Gl Bunga Penaga Jayakarta
      808 words
    • Article
      WHO ACTS FOR WHOM...
      1676 21 The leading shipping lines operating from local ports and their agents. A-B A Arts tit CootlneoUl Feederi (S) Cargo Freight (PK). ATEA African Shipping Agencies (S). AtrvEvMk LJm Tranagroup (S). —<li Umt Service Kim Shpg (8). AIM C Til pi if Sea Consortium (S)/ Marintex Enterprise
      1,676 words
    • Article
      Lock icon PORT CONDITIONS
      1357 22 The above information is compiled from data provided by the Singapore National Shipper's Council and other sources. ANGOLA Luanda and Lobito June 21st. No berthing delays. ARGENTINA Bahia Blanca June 27th. 32 grain vessels waiting in the roads, and facing delays of about 36 days. Buenos Aires June
      The above information is compiled from data provided by the Singapore National Shipper's Council and other sources.  -  1,357 words
    • Article
      SHIPS IN PORT
      594 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES King Pearl 23 Guan Guan alongside 14.7.83/0300 Kota Jade 10/1 PIL alongside 14.7.83/0600 Kota Maju 8/9 PIL alongside 14.7.83/0600 Kota Rla 13/4 PIL alongside 14.7.83/0600 Ocean Splendour 26/7 Sankyo alongside 14.7.83/0600 SA Morgenster 33/4 Jar dine 13.7.83/2300
      594 words
  • Page 13 Advertisements
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      313 13 J HEUNG-A SHIPPING V#Vy Una n^Vtli Regulqr Liner Semi-Container Service f' 'J*Jf*/ Penan C/B» n |kok/Ke«k ,n f/ Bus an/ Inchon Fk Buun/MoH/H. Kmc S'P«* Aftnt: Nap tune Aftncm Pt« Ltd Ttfc *****11 P.K. *****4, PN *****5 K.L *****0 \RD1\1 I Ml iOOCL I Orient Oveiqeas GotUtMWi Line FULLY CONTAINERISED
      313 words
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      Page 13 Advertisements Column 2
      210 13 iUASC i UNITED ARAB SHIPPING CO SAG II I i 1 I I a l.A.'i.A.l EXPRESS MULTI PURPOSE SERVICES Kuwait (24/8), Shuaiba (27/8). Jubail (30/8). Dammam (1/9), Doha (4/9), Dubai (6/9). Abu Dhabi (7/9) FULLY CONTAINERISED SERVICE I 1 T-i'.'AV'ril7i:^i\ ,^MknT^77Tl T -J•T ra AN AND INLAND AMERICA Am 15
      210 words
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      Page 13 Advertisements Column 3
      26 13 I LONDON Freights U/H1 CONSORTIA m SHIPPING Sehedtle VHI/IX WHO Aeta for Whom IX CONTAINER Schedules ••••••••••••••••••••••A* IX SHIPPING Events X SHIPS Im Pert REGIONAL Weather
      26 words
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      Page 13 Advertisements Column 4
      468 13 I tycnan I Alqerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE TV I I J HMCtnC TRMBI TIUOIIIfi AtCBCT PTE LTI. T«t *****4(5 lines) SINGAPORE MAERSK LINE EXPORT FULL CONTAIN TO: UA PACIFIC, OULT, ATLANTIC, EAST CANADA, INLAND POINTS I. IT—j.ll.MlMirr^ui/rirc.! n.i.ini:L..M. ire '17' ii r
      468 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      340 14 W FAR EAST/EUROPE CONTAINER SERVICE 15/? 24/7 31/7 7/1 14/8 21/8 28/8 noan 4 n SEUfOW From Eur Mm|3) H'b*r| I 4) Gtart iaM 22/7 MM' 29/7 14/7 2/« 21/7 12/8 4/8 26/8 11/8-I 2/8 18/8 9/9 Abo *cco*k« For 1) Barcelona Genoa. 2) Am Brtmtffcaven AartNH. Coptnti •Accepbnj Europe
      340 words
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      Page 14 Advertisements Column 2
      453 14 NOTICE TIK-SIIPFIf VESSEL REQUIRED We require 2 Units 4,000 to 5,000 BHP Tug-Supply Vessels on Time Charter Basis: 1 year option 1 year. Will Also Consider Purchase Interested parties please send particulars by Telex to> JAKARTA, INDONESIA Telex No. ***** BHAYU IA and Singapore M/t. BIENLEY ft Co. PTE. LTD.,
      453 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      498 15 The Straits Steamship Group oci Overseas Containers Limited cONTAINERSHIP SERVICE TO UK CONTINENT mmrnt cms un nn «/i it/s wt m/i vn kkn im Tin vn vn m/i nn tm Ivi ■HUM MV M/l M/l 24/t Wt a/I 31/1 24/1 cm or mk u/t u/i m/i mn nn nn mk
      498 words
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      Page 15 Advertisements Column 2
      357 15 Franco Belyuui Services ;x,ir. f R lilkM r«M mMM Dm rNM M uMr 199 Mi «N 9Mi 19M| llMi 13»n 29 J* Ml# 1) ta« 14 fc* 111* 11** 19 *MI ak| sm imi 19Mi aii aftg mmi atai rMI I*l 7MI 29 M| 29 fc* 29* aMI 31M| 29*1
      357 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      683 16 1 10 I ONI INI Nl UK J"**'! t*" l Ei|m> KoMms 8»r City tl EMbwfti T*ysl»y UN^Mttar Hapag-Lloyd fXPORIS S port P HHntPtn Ltaoes Genoa H 6w| Mac Kdtm Hi* 20/7 22/7 25/7 17/8 14/8 23/8 19/8 30/8 15/8 Connecting in Tokyo "AKo accepting cargo for ATLANTIC GULF PORTS
      683 words
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      Page 16 Advertisements Column 2
      407 16 m: A MCSLINE *t*//I tmrntii ion mm nan SEWACE To/From BUSAN r- PtH*WG P KfLANC BUSAN MOT OCUR *47* 2VM My 29-31 M? j.J w te M.TM DIN 13-1S«« m FULLY CONTAINERISED SERVICE Flllir CONTAINfRISfD v*!m smihii jdm r»>4\? o.ooam PUB. 4U fUll» COWAINfRISfD 10 fROM NOR IH AMfRICA WSI
      407 words
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      Page 16 Advertisements Column 3
      467 16 EVERGREEN LINE f AR [AST EUROPf CONTAINER SERVICE *cccrmc Fa t la cargo for m ICS "FU KM MR Lift fwr Cm* l«/ 7 19/7 9/1 H/| |J/« 14/8 1(/| ImiU*C R/7 M/ 7 lt/l l|/| 29/1 n W4 I/I 73/1 2S/I 27/| a/1 j,(, auo acoftos ia/fa i fa/fa
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      Page 16 Advertisements Column 4
      773 16 Everett Lines Smgk Burma Five Star Shipping Corpn. jSt "BURMESE NATIONAL LINE" 1 LOADING FOR RANGOON s- 9S*»m rukm BFSS C Ag*nti n Maioyvo BOUSTEAD SHPPtMG TEL NOS KL *****4/*****7-PKELANG *****1/8 PENANG *****1/8 C«mpama Ar fowl mo 0* Wa mirnr IMnemiMMai S A CI f "ARGENTINE NATIONAL LINE' lit .*lll
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      Page 16 Advertisements Column 5
      173 16 oniri uiu lunuoj •Uy 11, HISINOSE MARITIME PTE LTD SUN UNION LINE KARACHI SERVIC smgmok tMDjm rmm low rm 15 Mr faracM nn nn *m CM Ml re_ *****2/1 M. fEL: *7212/1 mwtk ML ra *7212/1 MumiwuMMnm MCTWtam KYOWA LINE JTJTf w.-i JTCTTTI' i-m yf.-T.iiH: PACIFIC fmik.htt.ifk >m*k he* Mi
      173 words
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      Page 17 Advertisements Column 1
      468 17 PIL GROUP J kota scoaa KOTAMUTIAJtA KOTA ABAM VOYAQC SINGAPORE LOADS*! FOR: K-40 J/5 AUQ HOOCIOAH, AOABA, AOCN !"i!5 5/10 AUG DJIBOUTI, HOOCIOAH, JCDOAH, AOABA, AOCN, PORT SUOAH C-457 10/13 AUQ HOOCBAH, JCDOAH, MOMBASA, DARES SALAAM, MOGADISCIO ACCCmNQ CONTAINERS TO HOOCID AH/AQABA/PT.SUO AN/MOGADISCIO tinQipori 5/10 Aug Loading tar Karachi, KuwaM,
      468 words
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      Page 17 Advertisements Column 2
      488 17 IRAQI LINE IRAQI STATE ENTERPRISE EOR HAHITIWf TRANSPORT WEST BOUND FAR EAST/RAO SERVICE M.V. ALFARABI Spore Tl 15 My Bmbay/Aqto/BMrak/ nnMrijHiin/r»iMii M.V. ALNASITI 27 My fc EAST BOUND RED SEA/JAPAN SERVICE M.V. ALNASm M.V. ALFARABI Siltd 15 My Tohahwu/Ouka/RdM Yokdttma/Ouka/KoM TWOUGH B/Ls to BAGHDAD ft BASRAH UPON RE ALSO ACCEPT*
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      Page 17 Advertisements Column 3
      667 17 BENLINE CONTAINERS EXPRESS CONTAINER SCR VICE TO/FROM EUROPE STRAITS Totuwrt pmg spore pu w/7 nn t/t 11/t u/» MaxanEiprau 11/7 25/7 27/7 15/1 17/« M/l Bay 25/7 4/1 t/t 71/1 25/1 CRyMEMM*. VI 12/1 IVI Jit 1/1 1/1 MMtEtprn. 12/1 HI 21/1 JJJ T «7*»T 2VI M/l 21/1 15/1 17/J
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      Page 17 Advertisements Column 4
      559 17 P.T. DJAKARTA LLOYD Indonesian National Shipping Line to usa nest/ mi com nau ports (rjut contakrbed vessels) JTO* IX HOUSTON S4MMMH IfW KM Ml MM MTAKMIA »»r m u/j «/i u/i 21/1 21/1 »/i numm m«• n/« i/» u/o 17/f n/» n/» eom iter Mi 31/1 23/ i i/11 11/11
      559 words
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      Page 17 Advertisements Column 5
      495 17 IVYBANK CLYDEBANK BOUSTEAD SHIPPING AGENCIES BANK LINE iOEPETOEKT SERVICE TO UK/COffT SPORE R'DAM HULL HMBG 23 Aug 19 S«p 21 Sap 25 Sap 20 Sap 15 Oct 18 Oct 21 Oct Lykes/fe Lines U.S. GULF MRECT SERVICE DOLLT TUMMN 15/| l|/| M /l (*New Orleans, Mobile. Houston, Galveston) (Accepto* breafcbi*
      495 words
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      Page 18 Advertisements Column 1
      853 18 K line KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE NEW YORK/E. CANADA reaajma trm nmo woo. two man ram sr. a* 10NKEV20 15 M «NEW TORK MMU *71 2% ISM 30 iM M RUBY VI 22 W USOMAAUVC7 t I Sapt 4 K P«NEER*23 21W V MMK *71 15 A*
      853 words
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      Page 18 Advertisements Column 2
      299 18 D== CHAR CHITJC MARINE CO ITD j j nrjjkMi USA WESTCOAST FULLY CONTAINERISED SERVICE FUKRVCSSU SPO* MOTHER VS. HKC LREACH CMRUM) SATTIf MNR.OONBRT 23 RR It LRU IS RK 27 RK 29 RK II WT NRRMKEVKSS 25 R» CNRR RK IS RIK MWT MOT II WT TO*TO RRT 14 RK
      299 words
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      Page 18 Advertisements Column 3
      431 18 CAUFORNA/PACFW NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE im*i tar ios anbeley $m framcbco. seattu tacow *««HN f a/f a Mam AUSTRALIA EXPRESS CONTAINER SERVICE fcntftar ftt/ra riNw. PMh R s >** M S«*> m,. rrll RT 77 My 7t/»My I0A« |TL v- 11 sZi 1; sZ she M I*l 15/1S
      431 words
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      Page 18 Advertisements Column 4
      410 18 KORINS MARITIME SERVICES "S 11 4 Anton Ro*d. *18-01, Tun«« Building, Singapor® 0207 T«l *****22 4 *****67 P K®l»ng T»l *****1/8 «E0 SEA PERSIAN GULF ME QUE RRANF AN SERVICES S'part Uadh| fw. LEADBON a Mf Bandar HtM/imtm Bwttra HAENOO «0 2 21 A* teufc/Mtim*ta/B«|)iui/Tr<pri HAERWO NO. 3 II S«pt
      410 words
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      Page 18 Advertisements Column 5
      315 18 INTRASEA (PTE) LTD BREAKBULK SERVICE TO EUROPE/UK rpra P.M 17 Mr 21 My s* rim nm/m <awn) (AWD ALPACAS* UIW UM Lfcf" 1 mSUB/MMMI r ii b IRA Eaat IM Cant u M ha Mt/MU/ Mb nrc M icawMaM n»m is* J fan s s* ICAWMSM 11% 11*31* SS* I
      315 words
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      Page 19 Advertisements Column 1
      503 19 TO EUROPE/UK (VIA SUEZ): MERCATOR 31W+. K CHANCE 13W m BUDGE lfiiv„.. K IACEJM 20W C PAUL 36W 0 CHEF 3611 Also accepting cargo to/from Scandinavia MERCATOR S pore Closing Times: FCI Cargo LCL Cargo FROM EUROPE (VIA SUEZ) 1500 17/7 0300 17/7 Also accepting cargo to/from Bangkok and E.
      503 words
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      Page 19 Advertisements Column 2
      348 19 HEUNG-A SHIPPING Korean Flag Vessels OQfIAM SEMI-CONTAINERISED DIRECT SERVICE TO: SEMI-CONTAINERISED DIRECT SERVICE TO CHITTAGONG. CMALNA. CALCUTTA Cmmt/JtU M«/X7S PK«Unf 20/7 I L Smufl* IK L SitaM/U« I SrmitN W Mrtfcat Vns«t I Inw/IM I MMh/n i bfRM/tm l. tanti, W *PTUP* AGINC»S PII I TO Tel *****11 *****66 Ms
      348 words
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      Page 19 Advertisements Column 3
      1063 19 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BUR.***** 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Telei Numbers RS ***** RS ***** RS 2510S t KELANG PENANG M/S SHARXAT IMM SOON SON BHD IST AND ?NO FLOOR MESSRS MAI THONG StffPMG 23 Wrtd
      1,063 words
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      Page 19 Advertisements Column 4
      108 19 V SOON KIAT SHIPPING PTE LTD 3 Shentofl Way #20 (ft #?00b Stent oft Hon* S«M«Ofr 0106 Td 220 MM (5 l"B) «*>» SMKT REGULM SmCB TO EAST MALAYS* n» no DBTMTOI talLMl 20/7 22/7 M*/W feet Halt* 27/7 2J/7 Nr.Hii.MH 11/7 »/7 —>/». HM| LM N U/7 21/7 ManA*—/*«<■
      108 words
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      Page 20 Advertisements Column 1
      390 20 .r l?c«|i«iial Container Lines 2 Sailings Weekly Reliable Regular Punctual Berthing PS A 1500 Hrs Tuesday Saturday 101"! EAST MALAYSIA REGULAR LINER (Specializing in heavylift cargo and containers) S'pora KucMni BMidu *WBUAN JAVA V 4 21M 23 M 25 M *«MN JAYA V-5 1 Auf 3 A* 5 kut nam
      390 words
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      Page 21 Advertisements Column 1
      41 21 W.J IS Of if NT Ai eA N l ;N( L ,IN r .APORt Til s«, i H pi kf I AN' Al lON Hire N M I* PI NANf, I 'NX S M '.(>►« HMf> 111 VESSEL JAVA WINOB ASIA WINDS
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      Page 21 Advertisements Column 2
      206 21 Scan Dutch 9 To Europe (Med/UK/NC/Scan) To Red Sea/ Mediterranean PENANG An* i 4 8 fcivw 30 8 hw 6 10 P. KELANG B Butan( 5 8 B Butang 2/9 6 Butang 30 9 MOTHER VESSEL Scan Dutch Concordia Woensdfecht Scan Dutch Corona SINGAPORE 8U1H***** IlBKsl PIRAEUS From Europe SINGAPORE
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      Page 22 Advertisements Column 1
      138 22 FORTNIGHTLY EXPRESS CONT ACCEPTMG FREE PB RECEMNG AND WAREHOUSING SERVICES AT P.P.* GOOCN* 404 LUCKY voy 7 25/7 LIICKY ny I 11/1 ergo Booking T*k *****55 Hnee) IiCKY SEAWAY SERVICES (PTE)VI m Urni?— shipping trading ccupte) ltd". '156. Cecil Street. #07-02Ter Eastern Bank BkJg Singapore 0106 Tel: *****22 (7 lines)
      138 words
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      Page 22 Advertisements Column 2
      304 22 c> P.T. KALIMANTAN \.f SHIPPING CO. LTD. I«1 TAMAH R 173 1?S )AK ARTA 111 3/4199 3418J8 343?% .„,k KALIMANTAN SHIPPING PTC. LTD. Tpl 222 126-1 :5 '.ncd rH ANTARA SHIPPING SDN BHD HI Vt v:a.'> i(»n* MAWARIA SHIPPING (M SON BHD Tfi *****9 31/739 38,"§«»! 389b94 P»N»N*, If, 04
      304 words
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      Page 22 Advertisements Column 3
      79 22 6 Bi Si Oi BANGLADESH NATIONAL LINE SINGAPORE BANGLADESH SHUTTLE SERVICE ARABIAN GULF EXPRESS I TT NORBULK nomulk cargo services ltd TIMBER AND PLYWOOD SERVICES LOAOMQ FOR ROAM/ANT/UK K. DMMI T|. MM fmt Mac 801 SaM*d In Pod 17/7 1«/7 ATREUS NMB 1/t 5/« W* >/ MOm HMMIMM MTD AGENCY
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  • Page 22 Miscellaneous
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      Page 22 Miscellaneous Column 1
      149 22 t 9T, Regional Weather i mm sags <£ 7 V 'x V T 3 AK v r« a k? I rv> 2* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND 1 R Thunderstorm Temperature °C Shower Weather s~S Wind direction with speed in knots VS£»*r °c /V
      149 words