The Business Times, 21 July 1983

Total Pages: 22
1 22 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 67/1/83 THURSDAY, JULY Zk, ISB3 60 CENTS
    11 words
  • 397 1 Reuter LLOYD'S of London is to compel its underwriting agents to disclose their interests in insurance companies from Oct 31, Lloyd's chief executive lan Davison said. The world's biggest insurance market and a major foreign currency earner for Britain, Lloyd's was rocked last year
    Reuter  -  397 words
  • 154 1 AFP HONGKONG Governor Sir Edward Youde Mil] leave for Beijing on Sunday to take part in a new round of Sino-Britisb talks on the future of Hongkong, a government spokesman said in Hongkong yesterday. The governor will be accompanied by political adviser
    AFP  -  154 words
  • 451 1  -  By GOH ENG KEE OKI ELECTRIC Industry Co Ltd of Japan is supplying Telecoms with 12,500 teleprinters equipped with visual display units (VDUs) and floppy disk drives costing a total of 160 million. A Telecoms spokesman said the first delivery was made in April
    451 words
  • 520 1  -  By JOHN LIM THE Singapore Tourist Promotion Board is introducing advertising subsidies schemes for the shopping and "local attraction" segments of the industry in a bid to attract more tourists to Singapore. The two schemes are similar to those offered to hotels and travel
    520 words
  • 336 1 AP AN AMERICAN financial publication has reported that Federal Reserve Board chairman Paul Volcker will announce revisions in the way the US central bank calculates money supply growth. Institutional Investor magazine's publication, Bondweek, said Mr Volcker would announce the decision this week in
    AP  -  336 words
  • BRIEFLY...
    • 53 1 Reuter THE Israeli government has approved plans for the redeployment of Israeli forces in Lebanon, Cabinet Secretary Dan Meridor said. Israeli press reports have said the redeployment of Israeli troops from the central Lebanese Shouf mountains and Beirut area would be conducted in stages and last about
      Reuter  -  53 words
    • 66 1 Reuter A NEW reactor factory crucial to the Soviet Union's nuclear energy programme has been hit by an accident, the newspaper Pravda said. The communist party daily gave few details of what happened at the Atommash plant in the southern town of Volgodonsk, but it made clear there
      Reuter  -  66 words
    • 81 1 Reuter THE Polish Parliament (Sejm) has adopted changes to the constitution allowing the communist authorities to declare a state of emergency, as part of steps to end the 19-month period of martial law. The Sejm vote was the first move in a two-day session to approve a framework
      Reuter  -  81 words
    • 86 1 BRITAIN'S new House of Commons rebelled against Prime Minister Margaret Thatcher early yesterday and voted a series of substantial pay rises for its members. Backbench members of Mrs Thatcher's Conservative Party spumed her appeal to hold back on a big increase in order to set an example to
      86 words
    • 50 1 AFP SOUTH Korea's construction exports have dropped sharply this year mainly due to the declining orders from West Asian countries, the Construction Ministry said. As of July 20, South Korea's overseas construction orders amounted to US$3.2 billion, down 57 per cent from the same period last year. AFP
      AFP  -  50 words
    • 49 1 Reuter STATE prosecutors are investigating more than 300 South Korean companies suspected of violating the country's foreign trade laws, government officials said. The companies were alleged to have made local products from raw materials which they were allowed to import solely for manufacturing exports, they said. Reuter
      Reuter  -  49 words
    • 72 1 Reuter THE American nuclear-powered cruiser Texas was at sea yesterday with a large dent in its stern after hitting a wharf when denied tugs by unions protesting against its visit to the Australian port of Brisbane, port officials said. The 11,000-tonne Texas, designed to carry Cruise nuclear missiles,
      Reuter  -  72 words
    • 43 1 JAPAN'S customs cleared trade surplus widened sharply to US$l.24 billion in the first 10 days of July from $242 million in the same June period and compared with a $636 million surplus a year earlier, the Japanese Finance Ministry said.
      43 words
  • 612 1  -  By SOH TIANG KENG A TAX expert and executive director of the Asian Development Bank, Mr NM Qureshi, yesterday laid out an eight-point battle plan to "combat" tax evasion and avoidance in Asia. It covers: comprehensive mutual assistance and exchange of information
    612 words
  • 230 1 THE Monetary Authority of Singapore yesterday released the Overseas Union Finance Ltd's statutory reserve of $3.06 million with the High Court's approval. The release of the funds, which will be used to pay depositors, followed an application by the Official Receiver and provisional
    230 words
  • Page 1 Advertisements
    • 222 1 Nikon JOTS EUROPEAN Standard Electronics, the local subsidiary of the Thomson-Brandt group, is increasingly looking to the Far East as markets for its consumer audio and video products Page 3 CHINA'S huge offshore oil programme is hitting snags and delays both on the operational front and around the negotiating table
      222 words
    • 200 1 THE CLUB THAT STANDS IN A CLASS OF ITS OWN m JXxasva ALL STAR POLARIS If it's long accurate drives you re wanting, the Mizuno All Star Polaris is for you. For woods, the heads are crafted from solid blocks of fine persimmon wood and dual weighted at the back
      200 words
    • 3 1 See page 4
      3 words
    • 172 1 the one and only Dr. Sony any day of the year *****1 The Sony Service Centre FLY AEROFLOT TO EUROPE J t A f> '■r*f i THE FAST ECONOMICAL WAY Acroflot operates 3 weekly flights from Singapore to Europe on Mondays. Wednesdays and Fridays via Moscow the short-cut to Europe.
      172 words

  • BANKING AND FINANCE
    • 449 2 Reuter UPI US TREASURY Secretary Donald Regan on Tuesday acknowledged that the White House request for a boost in US contributions to the International Monetary Fund was in trouble, but he predicted the measure would pass Congress. The Senate has already approved legislation to
      Reuter; UPI  -  449 words
    • 462 2 Reuter THE UK central bank has proposed a series of changes in its two-year-old system of monetary control, including a reduction in banks' secured money requirements, money market sources said. Under the plan, the amount of secured money eligible banks will be required to
      Reuter  -  462 words
    • 254 2 Reuter CITICORP has reported a US$73 million rise in secondquarter net income to 1210 million, and said that profits from consumer-related activities rose $52 million in the quarter to $56 million. Profit from institutional banking rose $7 million to $177 million. Capital
      Reuter  -  254 words
    • 114 2 Reuter THE Auckland Savings Bank and the Canterbury Savings Bank have been given Reserve Bank approval to deal directly in foreign exchange, the Reserve Bank said in Wellington, New Zealand. The authority, issued earlier this month, is for limited deals related to foreign travel funds and
      Reuter  -  114 words
    • 235 2 BONDS LOANS SUMITOMO Finance (Asia) is raising 100 million Deutsche marks through an eightyear bullet Eurobond lead managed by DG Bank Deutsche Geno6senschaftsbank, bond market sources said in Frankfurt. The issue carries fixed terms of an 8 per cent coupon and par pricing. It is guaranteed by the parent company,
      235 words
    • 111 2 Reuter MANUFACTURERSHanover Corp said that a rise in second-quarter net income to US$BO.5 million from |63.9 million a year earlier was due to higher interest and fee-based income and to slower growth in operating expenses. Net interest revenue for the quarter rose 10.3 per cent
      Reuter  -  111 words
    • 353 2 A JOINT-VENTURE factoring company Chemical Commercial Credit Sdn Bhd (Chemcredlt) which will emphasise the discounting of receivables for manufacturing companies, has been set up in Malaysia. An agreement setting up the company between Komplek Kewangan Malaysia Bhd and the New York-based Chemical Bank
      353 words
    • 305 2 AFP THE LONDON Treasury Bills-Selling System was introduced into Hongkong on Tuesday when a HKS6OO million facility was signed to fund the Hongkong subway, the Hongkong and Shanghai Bank said. Signing the three-year facility were the Mass Transit Railway Corporation (MTRC), the Barclays Bank group.
      AFP  -  305 words
    • 109 2 Reuter THE South African Reserve Bank hopes to start passing on to gold mines their export earnings in US dollars rather than converting them into rand "within the next two to three months", bank governor Gerhard de Kock said. The bank is discussing such
      Reuter  -  109 words
    • MONEY AND EXCHANGES
      • 177 2 ASIAN RATES ASIAN currency deposit Interbank rates as at close on July 20: U8 DolUra(Spot) Off«r Bui 7 days 011/16 9 9/16 1 month 9* 9** 2 months 915/16 913/16 3 months 101/16 915/16 6 months 107/16 105/16 9 months 109/16 10 7/16 12 months 1011/1610 9/16 Dm 8WM (MiMk
        177 words
      • 45 2 RANGE at prfc -e» offered by discount bouses on July 20: Overnight: 3 Call deports: 2-3 BmriX Se Iliac 3-month Treasury bills 29/16 27/10 3-month Bank bills 8 7 1 3 months CD 7* 7* 6 months CD 7V4 7H Source: National Discount Co
        45 words
      • 22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 8.96 per cent.
        22 words
      • 74 2 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $110 million 91-day Treasury Mils to be issued from July 25 to July 29. Each tender must not be for less than $250,000. OCBC exchange rate index THE OCBC trade-weighted Index
        74 words
      • 284 2 GOLD FUTURES in Singapore yesterday closed generally firmer in thin trading following higher overseas gold prices. Total sales for the day was recorded at 153 lots while kerb volume at 147 lots. Prompt closed stronger at U*****.50/427.50 an ounce against (123/424 in New York, August at $427.80/ 428.50 (424.60/425.00)
        284 words
      • 35 2 Tim MM New York 12.14B 12.14B 12.19S 12.215 Zurich 12.13B U 94B 12J0S 12.04S Wed TtM Singapore 12.24B 12.12B 12.31S 12.22S Closing price» in US dollars a troy ounce Source: Credit Suisse, S'pore.
        35 words
      • 72 2 THE dollar yesterday eased to 2.1110/30 Swiss francs from 2.1120/35 in the morning and the US close of 2.1165/75. Sterling eased to U551.5210/20 from $1.5233/43 in early trading but was above the US close of $1.5205/15. Banknote rates yesterday: (HK per 1): US 7.14/7.16 UK 10.80/11.00 Brunei 3.34/3.36 Germany
        72 words
      • 43 2 Opening quotes yesterF FR 11.7960/8100 day: Lit 2322.05/2324.15 US 1.5205/15 Yen 364.65/365.15 1.8725/50 dkr 14.0925/1045 1.2318/21 N KR 11.1125/1230 D MK 3.9230/70 S KR 11.670,'6830 D FL 4.3865/3905 US sch 27.57/60 S FR 3.2090/2120 Port 180.66/181.51 B FR con 78.51/63 Spain 224.61/88
        43 words
      • 142 2 THE US dollar closed lower against the yen at 239.80 yen on the Tokyo foreign exchange market yesterday. The closing rate compared with Tuesday's finish of 240.70 yen. After opening marginally lower at 240.64 yen, the US currency went further down on profit-taking selling, mainly by foreign banks. Market
        142 words
      • 469 2 TWO SEMINARS on financial futures kept dealers away from the foreign exchange market yesterday. It was a quiet day of moderate to thin trading. The US dollar closed weaker against major currencies. Against the local dollar, tiie US unit opened at 552.1270/80 and was quiet throughout the day.
        469 words
  • Page 2 Advertisements
    • 185 2 Please see page < If SALES make your Organisation tick Yes, CPS, using advanced computing techniques can assist you to analyse your sales by industry this year against last year gross profit margin by customers and product groups targets for the next period You don't need to get into the
      185 words
    • 10 2 CBD OFFICE SPACE FOR LEASE PHONE *****4 *****0 \V* I
      10 words

  • TRADE AND INDUSTRY
    • 457 3  -  By LOH HUI YIN SHAREHOLDERS of the Singapore Refining Company (SRC) can look forward to more profits this year with the operation of a new US$43 million visbreaker on Pulau Merlimau. But given the current supply-demand situation for certain petroleum products, the profits may
      457 words
    • 400 3 IT WOULD be more appropriate for employers to work through their industrial associations in promoting automation rather than call for more Government assistance. This advice was given by Dr Wong Kwei Cheong, Minister of State for Labour, at the opening of the Auto-mat/Matex-Asia '83 exhibition yesterday. During
      400 words
    • 246 3 CHINA Is aot the cheapest place la Asia for foreign Investors. Bit It la hospl table to foreign companies bringing In badlyneeded technology, equipment and know-bow to the coon try. lie Chinese tax officers "cooperate well" with professional advisers of foreign companies, a
      246 words
    • 372 3  -  By JOHN LIM EUROPEAN Standard Electronics (ESE), the local subsidiary of the French Thomson-Brandt group, is increasingly looking to the Par East as markets for its consumer audio and video products. These markets currently contribute about 25 per cent to 30 per cent
      372 words
    • Article, Illustration
      531 3 STAGE I of the multi-mil-lion dollar hotels ana shopping development, Marina Centre, was completed last week when work on the three giant "cornerstones" of the podium was completed. Each podium will support a multi-storied deluxe hotel. The three "cornerstones" will now be Joined to form a single 400-metre
      531 words
  • Page 3 Advertisements

  • OVERSEAS
    • 731 4 Reuter CHINA'S huge offshore oil programme is hitting snags and delays both on the operational front and around the negotiating table, industry sources said. The euphoria sparked by the country's major contract with a British-led group last May had now run out, they said. Four
      Reuter  -  731 words
    • 443 4 AP POLAND'S communist rulers are planning to end martial law and free or pardon up to 1200 people sentenced during the 19-month crackdown by Friday, official sources in Warsaw said yesterday. The sources, who requested anonymity, said the amnesty would not affect top leaders of
      AP  -  443 words
    • 376 4 Reuter PRESIDENT Reagan has vowed to press ahead with efforts to secure the withdrawal of all foreign military forces from Lebanon. "We remain undaunted in our efforts to prevent the forces of violence from exercising a veto over the rights of the Lebanese
      Reuter; UPI picture  -  376 words
    • 510 4 NYT HUNGER is emerging again as a national issue in the US even as government stocks of surplus dairy products rise to record levels. The US Conference of Mayors recently declared that hunger had become "the most prevalent and the most insidious" problem
      NYT  -  510 words
    • 269 4 Reuter AN AUSTRALIAN parliamentary delegation will arrive this weekend for a 10day visit to Indonesia during which they will meet President Suharto and spend three days in East Timor, the official Antara news agency reported yesterday. East Timor, the former Portuguese colony of 600,000 people incorporated into
      Reuter  -  269 words
    • 261 4 AP U8 SENATE majority leader Hsward Baker said yesterday he was prepared Is Ue a petittos ts Omit debate ss a military iprailag Mil unless sppssesta uf the MX missile agrees to disesss their amesdmests ssss. Senator Gary Hart, a Demeerat and
      AP  -  261 words
    • 446 4 Reuter THE White House has named the members of a new bipartisan commission on Central American policy and defended the choice of former Secretary of State Henry Kissinger to head the groupPresident Reagan said the commission's function was to recommend policies encouraging social, economic and democratic
      Reuter  -  446 words
    • 741 4 ARRIVALS Service Local Operator Number Tine From PAA PA5 0015 JFK/SPO/HKG BA BAI4 0045 MEL/SYD/PER MAS MH601 0820 KUL MAS MH671 0905 KUL MAS MH811 0910 PEN SLA SQI03 0945 KUL RBA BI421 1000 BWN GIA GA887 1020 LGW/POO/BKK MAS MH603 1020 KUL CAL CTB14 1030 HLP
      741 words
    • 71 5 PROM rivals to friends... Argentina's Civic Union presidential candidate Raul Alfonsin (left in picture) hogs Fernando De la Rna after the two had met yesterday to discuss the moderate political party's plans for the Oct 91 national elections that will end eight years of military rale. Mr
      UPI picture  -  71 words
    • 279 5 Reuter WEST Germany, Britain and Holland yesterday proposed drastic cuts in the European Economic Community's mounting farm subsidies, setting them clearly against other members of the 10-nation bloc. Diplomats said the deep split between those who see financial salvation in slashing the
      Reuter  -  279 words
    • 254 5 Reuter US LABOUR secretary Raymond Donovan said on Wednesday that the Reagan administration would not hesitate to take unilateral action if necessary to counter what he called unfair trade practices by other governments. "Free trade is kind of a misnomer," he told a convention
      Reuter  -  254 words
    • 188 5 AP THE International Finance Corporation (IFC), an affiliate of the World Bank, has announced that it is making a U*****.4 million investment in a major steel plant in Eygpt. The (800 million project will produce rebar, an essential construction industry ingredient. The Alexandria National Steel Company, incorporated in
      AP  -  188 words
    • 231 5 AP A US congressman has urged that pressure be put on Japan to shoulder a greater share of its defence costs. Republican Representative John Kasich introduced a resolution proposing a possible shifting of US defence forces out of Japan if that country failed to
      AP  -  231 words
    • WORLD IN BRIEF
      • 433 5 Agencies JAPAN will give 2,050 million yen (5J17.5 million) to purchase wheat from the United States for Afghan refugees in Pakistan, the UN World Food Programme (WFP) announced on Tuesday. An agreement to this effect has been signed by Japanese ambassador to Italy Shinsuke Hon, and WFP
        Agencies  -  433 words
    • 374 5 NYT US TREASURY Secretary Donald Regan said on Tuesday that the administration expects the economic recovery to produce at least US$lO billion more in revenue for the fiscal year 1984, beginning October 1, than previously estimated, and more than $15 billion in additional
      NYT  -  374 words
    • 192 5 Reuter US HOUSING starts declined 2.9 per cent in June from May to a seasonally adjusted annual rate of 1,747,000 units, the commerce department said. Last month's rate was 92 per cent higher than the adjusted 910,000 new units started a year ago, the
      Reuter  -  192 words
    • 759 5 AP THE new president of the Organisation of Petroleum Exporting Countries (Opec) has said he believes Opec's benchmark price should remain at US$29 a barrel until the end of 1965. Mana Saeed Otaiba, oil minister of the United Arab Emirates, thus lined
      AP  -  759 words
  • Page 4 Advertisements
    • 144 4 1 The Hubertus Grill serves it so can you at home. Fere fatriarche from Escoffier. The Hubertus Grill at the Century Park Sheraton, reminiscent of an old-style English Hunting Club. A cuisine that features fine game, steaks, sea food and flamb£ desserts. And what did they choose as their house
      144 words
    • 25 4 Pan Am's 7475P Daily At 7.20 am To Hong Kong. It Flies Higher, So You Flv Smoother, j- Pan Am.You Can t Beat The Experience.
      25 words

  • Page 5 Advertisements
    • 142 5 POSB-plllS-CPF Housing Loan Package Easily the most attractive in town Pi 5 m *1* a 7 Our housing loan package offers: A loan to top up your CPF savings to pay up to 100% of the property's value. Bridging loan facilities. The lowest interest rates in town: 1 10 years
      142 words

  • 576 6 TAX HAS always been viewed with distaste and it is likely that this will continue to be the case. Basically, both individuals and corporations feel adversely about the pinch on their hard-earned income, although they may be generally resigned to the idea. Not surprisingly, they resent having
    576 words
  • 1445 6  -  The five-year controversy over the foreign exchange practices of Citicorp has left several questions unanswered. Did the world's largest foreign exchange trader wilfully break the rules in pursuit of profit? And was Citicorp right in hiring its own law firm to make an independent investigation of the
    FT  -  1,445 words
  • 640 6  -  In hundreds of ports around Japan fish auctions take place daily as the fishing industry strives to cater to the voracious Japanese appetite for seafood. About 10 million tonnes are landed annually, to be eaten raw, cooked over charcoal, pickled, salted, boiled or marinated in
    Reuter  -  640 words
  • 110 6  -  Letters to the Editor John Goh Saperiach Rabber Co Pte Lt#: WE refer to your report la the Business Times «I July 5, IKS under the followiag beading, "Bytes'discloses scheme at reconstruction." We wish to clarify that Mr Lim T)oea Kong to"
    110 words
  • 63 6  -  A A Plyarates Ag Public ReUUtov Manager Singapore Airttaes YOUR report headed "SIA maintains after-tax profit" (Business Times, inly 7) mentioned that oar lateraally generated fnads of 1981/82 was oaly $89 milUea. The correct flgare Is $8(3 million. la fact, oar lateraally geaerated funds increased by
    63 words
  • Page 6 Advertisements
    • 63 6 specialities from Russia From the immense and enchanting land of Russia, comes an exquisite, tantalising cuisine. At the Baron's Table, from July 11 24, we bring you a glorious feast of the best-loved culinary offerings from Russia for lunch and dinner. The usual a la carte menu is also available.
      63 words
  • Page 6 Miscellaneous
    • 652 6 1 Kitty's after Des. the tyrant (6) 7 Tried our new motor-cycle escort (8) 8 Seaside place coveted by Ted (4) 10 Feels completely in the dark, perhaps (6) 11 Famous name also changed to Messerschmitt (6) 14 Clashed in the time-table (3) 16 Familiar names in S. African geography
      652 words
    • 701 6 I SINGAPORE 5 J 3.00 PM Openinf fotowed by Taiji Master (Mandarin/ r) 3.55 Keep Fit: A series of callisthenic exercises for beginners. 4.05 Hawai Five-0 Turkey Shoot at Makapuu (r) 5.00 Hockton Flyer A Question of Honour 5.20 Let's Find Some Faces 5.30 Just Kiddmg Items featured are: An
      701 words

  • 1770 7  -  By FLORENCE CHONG THE first tentative signs of a revival in Australia's ailing property market are emerging, but the recovery is frail and patchy. It is relatively strong in Brisbane, Melbourne and Perth, but hesistant in Sydney. In Canberra and Darwin, evidence of a turnaround
    1,770 words
  • 726 7 NYT INSIDE Jorge Diaz Serrano's home in a fashionable Mexico City neighbourhood, the trappings are of comfort and success; outside, they are of an armed camp. Diaz Serrano, the head of Mexico's national oil company under former president Jose Lopez Portillo, has become
    NYT  -  726 words
  • Page 7 Advertisements
    • 356 7 3S 13 ro P Pa i Pa P P s ii For The Present <v vO <> vr «> vr i> v r <> vO •> «> vr <> > > «> *7 C«> the enjoyment of Singaporeans National Theatre Trust in association with jffi| Sime Brokers (Singapore) Pte Ltd
      356 words
  • Page 7 Miscellaneous
    • 25 7 BllStdW'iPranklkctenS i'D u<e mv USURL —Tep\ p**d six GWNUT9 rm standing in Fofc r^S.PuRDV. HOLy rnp)C<eßeL- I'm THC T£Pv LPOV'S £jQU«VP>I£MT OF p» e>tP»CK ust
      25 words

  • Page 8 Advertisements
    • 312 8 BjgRESS with the American Express Card If you don't already have the Card, call *****33 for an application form" yxA^^ BtUOHKT tes r *4wy V- Nonya Buffet iMnc^on^* s«s c i« u TucW m to tne $12*PPr« r JW 7 h^oo' o''*'0''*' Lunn <§^I2SU j a llli r .1 <
      312 words
    • 234 8 lubertutf @riU For lunch. For dinner For a richly rewarding experience. Als,, 1 nr., I, M .n.l iv T.. I tii I.iv 1 "i t i.tr< S.itunl«»v >22 ><' 1" •>«•>% :< Sp«'( :,il Siuiii.iv 1 .inu'.v Bum. I> >2? (Ml 10".. 'I.ir.}. 1•. >12 <M» to t'o. -s 1
      234 words
    • 212 8 r 1 PH m t r A 9 1982 Brussels Gojd Medal 4.30pm-7.30pm (Mon Sat) SINGAPORE g g_g m g remnsuta note! Coleman StrMt I other facilities 24-hour Tafc *****01 I Coffee House Cocktail Lounge M I '4 Experience and unique Chinese cuisine. 1 7 9*. V S?a~%oa~3lieatre, Please call
      212 words
    • 293 8 Jazz up your favourite drink with the Louis Tan Three-O. BUNGE Get into the beat with Asia's leading ja/v musician, Louis Tan. At The Lounge. Even night.* It's the nicest way to ja/v tf up your favourite drink cxicpi Sundit lu— A great place to be. Iviitiirinu sonus that are
      293 words
    • 220 8 SB to our Q&uperb (puismes die itlebaUton (Prill is* m W I real tourst'H to our farimu> Priim* Rib ln-«-f in low 11 s«-r\««l <ni a Sihti Wagon. I nuind id thr li\»' cnu-riaiiiiiß-tu prox iricti l»x the ilipino h.mtl the '(orpu/ I rio" nighilx from jo I 1 :30pm
      220 words

  • RAW MATERIALS
    • 888 9 COFFEE: Robusta coffee futures on Tuesday closed £33 to £10 a tonne above Monday's close in traded positions. Prices closed just below the day's highs as a steady opening in New York futures provided further support. Buying was mainly technically inspired although fundamental factors provided background support. Futures
      888 words
    • 312 9 Reuter THE International Cocoa Organisation statistics committee has forecast a world 1982/83 (Oct-Sep) cocoa deficit of 81,000 tonnes compared with a revised estimated 1981/82 surplus of 127,000 tonnes. World 1962/83 production, before subtracting one per cent for loss in weight, is put at 1.53 million tonnes
      Reuter  -  312 words
    • 143 9 THE Malaysian crude palm oil market yesterday rose in moderate late trading on covering. Sentiment reflected expectations that the US hot, dry weather will continue to hamper soybean crop yields. In July, south rose M 57.50 to M 5837.50 a tonne and central M 53.50 to MsB3o. In
      143 words
    • 28 9 Rubber July 20 Singapore: August: 242.00 cents (down 1.00 cent) Malaysia: August: 264.00 cents (unchanged) Tin: M 530.12 per kilo (up 15.00 cents) 115 tonnes (unchanged)
      28 words
    • 71 9 THE STRAITS TIN price la Peaaag yesterday recovered 15 cents to M$N.l2 a kilo, remaining within the ITA tower range sf M 59.15 aad M$32.K. The rise reflected the higher tread la Leaden overnight aad the boiler stock manager gave sippart at this level. Tarnever remained at Monday's
      71 words
    • 84 9 Reuter INDIA hopes to maintain its coffee exports in 1963 84 (Oct/Sep) at the current season's expected level of 80,000 tonnes. A Commerce Ministry official said the export target includes 38,561 tonnes allocated by the International Coffee Organisation for 1963/84, and the rest of the sales would
      Reuter  -  84 words
    • 190 9 RUBBER prices in Singapore yesterday closed slightly lower with August One RSS buyers quoted at 242.00 cents a kilo, down one cent from Tuesday's close. Morning prices were marked down slightly on some speculative selling and lack of buying support. Afternoon levels recovered slightly on some covering interest but
      190 words
    • 371 9 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt (.o.b. 239 00 240.00N Int. 1 R.S.S. August 241.00 242 00 Int. 1 R.S.S. September 245.00 246.00 Int. 2 R.S.S. 231.50 233 SON UK Coot 230 50 232.50N Int. 3 R.S.S. 227.50
      371 words
    • 121 9 NOON SSR ind SMR pncae yeetertiey KA8 SSR 20 SSR SO I ltoa pallet II lM |Mll« Aagaat (Correal Mlk) Bayer* Seller* t( ***** *****N L> 210.50 212.50N Saptaabar (Forward Htkl Bayers Sallara 2 IS. SO 217.SON 212.00 214.00N MRKLB Aaflil Stpieaktr SMR CV SMR L SMR
      121 words
    • 233 9 SOYBEAN futures in Chicago on Tuesday closed on a steady note, up 14 to 17 UScents per bushel, with all new crop months setting new contract highs. November posted a 15 cent range. Steady purchases of November by a commercial associate found local traders oversold, spurring short» covering and
      233 words
    • 166 9 CHINESE Pradace Exchange, Singapore, naaa closing prices per 111 kg yesterday. CMMit «U: Bulk fob $130 00 sellers, old drum (in second hand drum) fob $143.00 sellers, new drum fob $147.00 sellers Capra: Mixed (loose) $77 buyers. Pepper: Muntok white pepper fob Asta NLW $365.00 sellers, Sarawak white
      166 words
    • 199 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa yarn: China Blue Phoenix 20s 2,520 32s 3,300, 40s 3,410 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      199 words
    • 311 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) newcrop 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. THAI
      311 words
    • 163 9 WHEAT futures in Chicago on Monday closed barely steady, ranging from down 1 V« US-cents per bushel in September to up one in distant July. Steady selling of September and December by two major professional houses and exporters kept wheat on the defensive all day, despite a sharp rally
      163 words
  • INTERNATIONAL STOCKS
    • 195 9 JULY 1» FYs GROUP B CORBE1LLE Air-Liquid* 416 unch Carrefour rinanclere de LUnloo Lafarfe 1288 04-20 275-20 unch -21 -0.3 D&none isse unch Moet-Hennessy 1215 15 ODfl-ParlbU ***** -05 L 3 r 1 nomjonC»f)~. Clc FrancsUse des Petroles Credit Fonder De France Hachette in 178J0 415 -3l1 -14 4-4
      195 words
    • 90 9 JULY 19 Aeg-Teleninken RABF Dm 71 JO -0.5 Hoechst Hoesch Horten 154.80 50.50 143.50B 1.1 0.1 UOJD -0.8 Karstadt 251 SOB -OJ Bayer BMW ISOJO 382.50 -1.7 -1 KHD Linde ***** 387 JO -5-5 2J Cocnmerxbank Conti Oumml Daimler-Bens Detussa 178.00 111.00 588 30 0.5 0J Mannesmann Preussag Rwe
      90 words
    • 77 9 JULY 19 FORWARD Frs MARKET Or Bru Lamb Hobok Petro Rjfl Dutch Sldro 2310 49T0 5630 2375 1065 50 10 10 15 35 Arbed Astur 1300 440 -6 -3 Soc Oen Belg Soflna 1885 4480 unch -1(0 20 -90 unch Brascmn fanp»/fnrk De Beers Fh»« Electrobel Ob-Inno-Bm Qev 1452
      77 words
    • 189 9 JULY 19 ru ABN 376.00 fS Ahold 170 JO 4-4 Akao 68.00 0.9 AVIEV 122.00 3£ Amfu 81 SO 1.5 Amrobnk 6080 0.8 Bergoss Berk 25 20 unch BoU M 00 1.8 Borsucer ***** 2J Boska 45.10 02 Burtet ***** 0.7 Caland 34 60 •f 0.4 CaW 280 50
      189 words
    • 193 9 JULY It Prmncs Actions Swisses Alusulsse Br. m 743 1 -4 AluNlas* Use. Brown Boetrl Br. Clba 0«l|j Br art 1330 3015 -10 -5 Clb* 0*itJ PC Cite Oeltj R«c Credit Suisse Br Credit Suisse Re« ElektrovmU Br Oeorfe riseher Br Otobus Pc 1580 835 3060 3M 3010 106
      193 words
    • 98 9 JULY 18 UK Baitogl Bel Central* Ord Good Aequa Roma Ertdanla riat Ord OenenJi 221 3 ***** +ao 2087 *22 148 aiooxd +io moni -jo IJBBMjrt MM Olm tfi PtIt Invwt Italcementl Ord I taigas Lepctit Ord 3220 «W 2S80 4M00xd 1030 2TO0nl unch 180 >40 -M0 80 -1200
      98 words
    • 203 9 JULY 19 C» Abitibi a* Alcan 40*> Altocna 37* Bank Mont Bank Nora ScoUa Bell Tel BP Can Ltd Braaean Camp Red Lake Can Imp Bk m 41* aw a* 94* ZZ 33* unch unch Can Prm M f Canpac Car line OTCeefe Cmbl Rd Lk Cn Bthrt CI
      203 words
    • 284 9 JULY It Rand INDUSTRIALS A Alpha MOB unch Abercoro 186 10 AE And CI (60 unch Amaprop S00 unch AMIC JOSS -25 Barlows UK unch C O Smith BOO unch CNA 1900 >25 Currle Finance sn >5 De Beers Ind Edcon ZZ Edgars Fed Volk 430 unch Fuctt 400
      284 words
    • 1372 9 NEW YORK WITH INVESTORS temporarily ignoring interest-rate concerns and share prices taking their cue from bonds, Wall Street stock prices moved moderately higher in light trading on Tuesday. The Dow Jones Industrial Average, which in the past two sessions (ell over 14 points, recovered 7.22 points to
      1,372 words
  • Page 9 Advertisements
    • 6 9 See Pege 11 for Asisn stocks
      6 words
    • 149 9 "We are not just talking productivity" vj W r < Ist f In fact, we are rather serious about it. Enough to bring you Matex/Automat-Asia '83 Our twin shows to display the latest in machine tools and automation. As nerve centre of rapidly industrialising Asean countries, we serve a multi-million
      149 words

  • 3236 10 BID and oder prices officially listed and business in and reported to the Exchange oi Singapore veetsroay with the number of shares traded shown in brackets in lots oI 1.000 units unless otherwise specified. All Times Settlement Contracts *re quoted after the
    3,236 words
  • 3491 10 1883 High Low <• Company Last Sale orGr*s DiT Div Crr Gr*s Yld Net P/E Vol (TOO) Day High Low •4 SECTION ONE INDUSTRIAL COMMERCIAL -'•w 354 < 267 1 306 410 •lao 272 293 288 080 sao S3S 1570 536 .214 340 545* 870 400 472
    3,491 words
  • 2374 10 BID aad odtr price» offld&Q? Hated and hi Mi new in aad reported to the Kuala Lumpur Stock ymterday, with the number of ifaare* traded shown in biacfceta in lota of 1,(00 unit» unlea» other wlae ipeciOed. INDUHUU Una (3.168 ÜBS) 3.26 (1) 3 30 (1) 3
    2,374 words
  • 704 10 THE Ileal stock market toned osier agaia yesterday after a brisk first halfhour. Seattment was patr throughout the day. The Bastoess Times Campsalte ladex dropped IM psiate to 602.76 aad the Straits Times ladastrtol ladez was IM pstoto dewa to $21.68. There was aa attempt early
    704 words
  • 457 10 SHAKE prices on the Kuala Lumpur slock market finished narrowly lower yesterday, thanks to favourable leads from Wall Street. After opening a shade higher, prices continued to move up slightly in early trading. However, a lack of sustained buying support caused prices to (hp towards
    457 words
  • 182 10 M*«agers' price* for ialy a SINGAPORE UNIT TRUST The Commerce 3.37 3.51 The Savings Fund 1.S5 2.07 S pore Prog Fund 1.52 l.« S pore Sec Fund 2.31 2.45 S pore Invest Fund 1.11 l.lfttd S pore Equity Fund 1.49 1.58 DIAMOND MOT Diamond Spore Fd (USS) S»
    182 words

  • COMPANY NEWS
    • 109 11 MALAYSIA Mlaiag CerperatlM Berfcad: Seventh AGM to be held at the Conference Room, Wisma Bunga Raya, 152 Jalan Ampang, Kuala Lumpur on July 29 at 10 am. PAPER Predicts (Malaya) Berhad: Twenty-first AGM to be held at the Asean Room, Holiday Inn, Jalan Pinang, Kuala Lumpur on July
      109 words
    • 491 11 FUSAN Fishing Net Manufacturing Bhd, which has been in the red for the past three years, is hopeful that steps now being taken will benefit its performance. Fusan's chairman, Datuk Cheong Jin Hoe, says in the company's latest annual report that the additional
      491 words
    • 502 11 IN SPITE of an anticipated recovery in the world economy, the Paper Products (M) Bhd group is not looking forward to an improvement in trading performance this year. "It is to be witnessed whether such recovery would be timely enough to influence trading results for
      502 words
    • 162 11 Reuter BBITAIN'B Conservative government is leaking for ways to halt an lnqairy Into the effective m«n«peiy at the Lsnisn Stock Exchange In the trading «I stocks and shares, sffieials said. The Mggest inqalry ever by the goverament-appolnt-ed Office ef Fair Trading was dne to
      Reuter  -  162 words
    • 666 11 NYT SHARES of the McDonald's Corp, the fast-food giant, have lagged behind the market since selling at a record price of U5574.50 in April. Wall Street analysts attribute the recent behaviour of the stock to disappointing store-traffic trends, as well as inroads made
      NYT  -  666 words
    • ASIAN STOCKS
      • 449 11 HONGKONG STOCKS closed mostly higher after fairly active trading yesterday, and the Hang Seng Index ended up 6,84 points for the half-day session at 1,095.22. Prices peaked in midmorning after a steady opening, but some of the early gains were pared by late local profittaking. There were
        449 words
      • 466 11 SHARE prices yesterday rose sharply in fairly active trading, with buying interest boosted by Wall Street's recovery on Tuesday and news of a fall in the outstanding balance of margin buying positions on Japanese stock markets last week. The market average rose a provisional 60.66 to
        466 words
      • 97 11 JULY Pesos Acoje Mining Anglo Phil Apex Mining B AUu Con B. Bagulo Oold IZZ 0.015 0 0008 unch 0.0004 tuuir Petroleum Benguet Con. B CDCP First Phil Hldgs Lepanlo B. Mmxlnduque B Maroteel 0008 OJO 6 40 0.13 730 0.0014 unch unch -OOfi -Oil unch unch unch Oriental
        97 words
      • 175 11 SHARE prices yesterday closed generally higher in quiet trading at the Securities Exchange of Thailand. The Book Club Index rose 0.03 point to 130.04 on a turnover of 45.7 million baht with over 367,000 shares traded. JULY 20 Bahts Aokham Thai Asia Fibre -ZZZZ.™ 153 +6 Ayuthay* In* And
        175 words
      • 410 11 AUSTRALIAN sharemarkets yesterday closed sharply higher on the heaviest trading recorded this year as both local and overseas investors bought across the board. The market opened higher and continued to gain strongly throughout the day. Near the close the All-Ordinaries Index was up 11.3 points at 655.3. The market
        410 words
    • 536 11 Caireat Ex ■aeto Date Tetalfer Tetal ter API Payaaeat 3%TE< b) Dite Jun 13 Ctoee Jun 23 PayaMe Aug 1 the year 3%TE Prtrteaa yi 2.3%TE(a) Aaihaender 74%<b) Aug 11 Aug 18 Aug 31 74% 74% BSeafeawaag 38%<J) Jul 18 Jul 23 Aug 11 35% 20% Igyi—I 4%TE
      536 words
    • 336 11 C*mpaay Parttemlmn Ex Date ■ssks dwe PAN Proposed bonus issue Fed CIUM i of 1 for 2 NYA NYA Proposed rights issue of 1 for 7 Gwrgi T*w« fe $1.50 per share NY A NYA Proposed bonus issue of 10 for 45 NYA NYA Proposed rights issue of
      336 words
    • International ROUNDUP
      • 84 11 said in the second half of 1983 and in 1984 it expects an improving agricultural sector, continued strength in consumer goods, further improvement in electronics markets, a turnaround in capital spending and a pick-up in international activity. Earlier, the company reported second quarter earnings of US$ll4 million compared
        84 words
      • 178 11 still ex- pects higher operating net earnings in the 1983 second half and for the full year than a year ago, chairman W Michael Blumenthal said. Blumenthal repeated his financial outlook made earlier this year after the annual meeting. The company had a 1982 second half operating net
        178 words
      • 85 11 said the improvement in its second quarter earnings was due to sharp increases in new orders in certain of its markets. Automotive, personal computer and various other consumer markets continue to strengthen, while capital goods markets remain soft. New orders in international markets are ahead of those of
        85 words
  • Page 11 Advertisements
    • 313 11 M THE MATTER OF THE COMPANES ACT CAP. 185 MAYTAI REALTY (PTE) LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN m pursuance of Section 272(1) of the Companies Art Cap. 115, (hat a foal general meeting of the afore named company be hold at the offer of Coopers 1
      313 words

  • Chief Price Changes
    • 182 12 Rites Indices MB 9 HMc 50« 364 60 C 8«|tn 1410 +40 July 19 July SO KuMiilif 60« Spore I n< 775 875 35 20 BT Composite: 905.79 903.70 Public Bank SO* 370 +16 BT Indicator: *****86 *****.5 Sia pti( Cku Skaajri-L* 8 P Textile 316 16 ST Industrials:
      182 words
    • Article, Illustration
      164 12 Rises Indices MBFHldgs 402 +74 July 19 July 20 P Chem 1460 +60 S P Text 454 40 MBT Index: *****26 *****68 Kamuning 860 +40 NST Industrials 1350.57 1347.76 SMI 680 +20 NST Finance: 2492.26 2503.10 NST 1420 +20 NST Hotels: 656.03 655.54 Cen Sugars 1590 +20 NST
      164 words
    • 51 12 H.K.HANG 8KNG Wednesday iods 22 Tuesday 844.0 Week Ago 821.8 Tuesday 1088.38 Week Ago 1020.55 AUSTRALIAN INDUSTRIALS FINANCIAL TIME8 INDUSTRIALS Tuesday 800.7 Monday 88W Week Ago 882.1 Wednesday 790-3 Tu«flfy 7733 Week Ago 751.5 DOW JONES AVERAGE INDUSTRIALS ALL ORDINARIE8 Wednesday 855.3 Tuesday 1107.12 Monday 1180.00 Week Ago
      51 words
    • 74 12 AP THE STOCK market opened sharply higher yesterday, extending Tuesday's gains, as interest rate nervousness faded. The Dow Jones average leaped up 15.42 points to 1,212.54 in the opening half-hour. Advances outpaced declines by more than 2-to-l. Congressional testimony by Federal Reserve Board chairman Paul Volcker appeared
      AP  -  74 words
  • 450 12  - Keppel, POSB to buy M G for $24m cash I Companies Editor: Mano Sabnani By CHAN OI CHEE KEPPEL Shipyard and the Post Office Savings Bank are to acquire Jointly an insurance company Malayan Motor and General Underwriters (MAG) for $24 million cash, under a revised scheme of acquisition. Meanwhile,
    450 words
  • 180 12 HARRISONS Malaysian Plantations Bhd's (HMPB) rights issue of 33.39 million shares has been subscribed fully. Giving details at tbe close of Its one-far-ten rights issue, the company said valid acceptances had been received for 33.05 million shares, or 98.99 per cent of tbe total issue. Excess
    180 words
  • 303 12  -  By LIM SOON NEO KENTUCKY Fried Chicken has reported better than expected maiden results for the half year ended June 30,1983. The group reported pretax profits of $3.15 million, which is almost equal to its earlier projection of at least $3.3 million for the whole
    303 words
  • 253 12 CONSTRUCTION A BappHes fltw BH (CASH) aad Bedford Plaatatleas Bhd, tws recent rWag stars ea the stack market, have bsth asked the stock exchanges te saspead trading in their shares peadlag "Impsrtaat aaaeaaeements". On the BES, the saspeastea far CASH task effect at
    253 words
  • 805 12 SHARE prices closed mainly firmer yesterday as the market regained its early strength in response to a strong Wall Street opening, dealer said. The Financial Times index rose above the 700 mark for the first time since July 5, and at 3pm was up 1.4 points at 701.1.
    805 words
  • 751 12 Taking Stock... By Hock Lock Siew INDUSTRIAL Oxygen, Nsrsechem and Magnam Csrpsratlsn have become the latest Malaysian listed companies to jump on to the increasingly crowded bandwagon of stock splitters. And spectacular even though somewhat unrealistic are the ratings accorded to many of these split or to-be-split counters
    By Hock Lock Siew  -  751 words
  • 446 12 THE Stock Exchange at Singapore has advised that trading on a settlement basis of Magma Corpera* tt* will be suspended on July 29 until further notice. Meanwhile, the Kuala Lumpur Stock Exchange has asked Magnum to furnish more details on its proposed purchase of Goodrich General Industries Sdn
    446 words
  • 41 12 ALEXANDRA -~T 111 Ltd nrtlß— prevtomly) m a tara•ver mt f1.73 mBBm (f*J7 ■mw) 1« the year eaM March SI, ML The Pffy Is r«<*». m<M a Ant aai Oml UvUmi I per eemt, km tax, payable m Sep tL
    41 words
  • Page 12 Advertisements
    • 33 12 Nowadays everybody seems to be "going computer" But how many really know what they're buying Buy wisely... Call us today: OABS. Singapore Tel: *****62/4 Penang Tel: 04-*****9 K.L. Tel: 03-*****0 Ipoh Tel: 05-*****8
      33 words
    • 65 12 ■nr 4 ■> "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?" 'U THOMAS-ROBERT INSURANCE BROKERS PTE. LTD. THOMAS ROBERT 10, Anson Road #26-08 International Plaza, *****97/*****96/*****03
      65 words
  • Page 12 Miscellaneous
    • 57 12 OUTLOOK tor today: Showers in several areas in the morning. Bepert tor S4 bttn prtor to 7Jf pm J«ly t$ at the ilrptft: Maximum temperature 31.2 Associated humidity 77 Minimum temperature 25 4 Associated humidity 97 Hours of sunshine i.65 Rainfall In millimetres 41 Total rainfall for the month 162.4
      57 words

  • SHIPPING TIMES
    • 163 13 THE Port of Singapore Authority's express delivery service (EDS) at the container freight station, introduced in November last year, has been improved further. With immediate effect, the EDS operational hours will be extended for greater convenience to hauliers. Freight forwarders now have up to 7 pm
      163 words
    • 505 13  -  By JUNE LIM EAC Lines has decided to go on its own in the transPacific trade. It has withdrawn its membership from all the conferences and rate agreements governing the trade. The company announced yesterday that it has tendered its resignation to three conferences and
      505 words
    • PORTSIDES
      • 53 13 A SOUTH Korean and a Liberian cargo ship collided in dense fog early Wednesday morning about four kilometres off Kashima Port, Ibaraki prefecture. According to reports, the 1,886-ton Namsung 9 of South Korea and the 4,631-ton Kinnabal Sabelas of Liberia, suffered minor bow damage, but none of their
        53 words
      • 90 13 Reuter SOUTH Korean ships carried a total of 37.5 million tonnes of cargo on international routes in the first four months of this year, up 12.6 per cent from 33.3 million tonnes in the same 1982 period, the Korean Shipowners Association said. It said international shipping freight
        Reuter  -  90 words
      • 132 13 THE US House of Representatives is to ask the British Monopolies Commission for a report on the Trafalgar House P O takeover battle before deciding on whether to allow two Cunard vessels to be re flagged in the American registry. Congressional support is needed for the deal
        132 words
    • 726 13 Shlppiag Liar Page C*l Aim VI 3 Ahrenkiel Liner VI s All trans vn 4 Alpac VI 5 AnUrm Shpg X 4 A PC Line V 4 APL m 45 Argentine IV 4 ASCL m i Asia broker V 5 Asia Merchant VI 4 Austasia Line V
      726 words
    • 625 14 Fairplay THE hullabaloo over the new manning regulations which came into effect in Norway in March this year seem to have been smoothed over, with the unions and the Shipowners Association seeming to be in agreement for the time being. The main stumbling block with
      Fairplay  -  625 words
    • 112 14 INDONESIA'S Djakarta Lloyd has added three new semi-container ships in its liner service between UK/Continent and the Indonesian ports of Jakarta, Surabaya, Semarang and Be la wan. The first unit of this new series of newbuildings, the Baab Ullah, is already in service while the second, the
      112 words
    • 164 14 SIX major Japanese lines have reached a basic agreement to set up three small space charter groups on the Far East-North American Pacific Coast container route, with each grouping comprising two lines. The six companies Japan Line, "K" Line, Mitsui OSK, NYK, Showa Line and Yamashita
      164 words
    • 1543 14 CHARTERING was very subdued on Tuesday in all sectors of the freight market, with rates generally narrowly irregular where changed, shipbrokers said. Limited grain bookings from the US included two cargoes from the Gulf of Japan at U5515.30 and 15.35 compared with $15.65 previously, while $8 was agreed
      1,543 words
    • 561 14 A REVISED version of the world's major ship sale and purchase contract has been distributed to brokers, owners' organisations and other shipping bodies. Up to 30 million tonnes deadweight changed hands annually on the basis of the contract, drawn up by the
      561 words
    • 231 14 BRITISH freight hauliers have succeeded in persuading the EEC in Brussels to frame a proposal which may lead to the abolition of permits at present required for every lorry, van or coach which crosses one EEC country to another. According to James Moorhouse, a spokesman
      231 words
    • 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 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.
      193 words
    • 480 15 Kyodo News JAPAN'S transportation ministry has called on the country's shipping companies to set up enterprises overseas and build up their cross-trades. The ministry made the appeal in an annual report on shipping in view of both a structural change now under
      Kyodo News  -  480 words
    • 130 15 OVERSEAS Containers Limited has announced three key board appointments following a number of retirements. Mr A G Hatchett has been appointed deputy chairman of the board, succeeding Mr BKJ HII4yard, who retired this month. In addition to the board appointment, Mr Hatchett will be assuming the position
      130 words
    • 312 15 A BILL has been introduced in the US aimed at establishing a governmentbacked Maritime Redevelopment Bank. The bill was proposed by Representative Mario Biaggi, chairman of the House Merchant Marine Subcommittee. According to Biaggi, the new institution would operate as a development
      312 words
    • 6108 20 BCHKBPLB 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
      6,108 words
    • 777 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL OL Voy Arrival for LCL Movement Ship Date/Time Operator Cargo Schedule Location B Butang 26B/27A 21.7.83 2000 Ned-EAC TA 3 0700-0800 B2 Nan Hwa 16S 21.7.83 2000 Eagle Corp FSB 0700-0800 L7 A1 Khames II 5C
      777 words
    • 1809 21 The leading shipping lines operating from local ports and their agents. A-B AdrUttr Caatatoer ContinenUl F««dm (S) Cargo Freight (PK). AFEA African Shipping Agencies (S). Afr*-Eara4a Um Transgroup (S). Ahreakld Uaer Service Kim Shpg (S). AMred C Taepfer Sea Consortium <S)/ Marintcx Enterprise (PK). WpM Intrasea
      1,809 words
    • 1207 22 ARGENTINA Dockers at all ports staged a 24-hour strike on June 3Q)h, increasing existing congestion at grain loading pohs. Bahia Blanca July 4th. 39 days for grain and 31 vessels waiting. Buenos Aires June 27th. Berthing delays of 36 days wiih 32 grain vessels waiting. Necochea June 27th.
      1,207 words
    • 529 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Benny Skou 33/4 Borneo alongside 21.7.83/0530 Hannah Lu 31/2 Koko Nav alongside 21.7.83/0800 King Lion 18 GuanGuan alongside 21.7.83/2300 Ploydee 15/6 Intercont Comm alongside 21.7.83/0600 Temburong 21E SSPL alongside 21.7.83/0600 Wakashlge Maru 8/9 Sunship alongside 21.7.83/0600 Yue
      529 words
  • Page 13 Advertisements
    • 417 13 HEUNG-A SHIPPING Korea Flag Vsis Regular Liner Semi-Container Service To: P. KeUnt/Penani/Banfkok/Kedunt/ Busan/lnchon Fm: Busan/Moji/H. Konj S pore Afent: Neptune Afencies Pte Ltd Tel: *****11 P.K. *****4, PN *****5 K.L. *****0 I \RDIM AM M OOCL I Okient Overseas Ga*U<u*m Line FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Spore KOKM
      417 words
    • 314 13 HSEALORDH UASC i UNITED ARAB SHIPPING CO (SAG; lII* i 1 i I 1 .M i l i 'i l k EXPRESS MULTI-PURPOSE SERVICES KBff rr vi 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 1 Iraa carro acceptable intransit
      314 words
    • 19 13 rase LONDON Freights CONSORTIA SHIPPING Schedule WHO Acts for Whom CONTAINER Schedules PORT Conditions SHIPS In Port REGIONAL Weather
      19 words
    • 582 13 <vcnan I Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents UNIPACIFIC TRANS 1 TOAOINC AfiENCT PTE. LTD Tel *****4 (5 lines) SINGAPORE E MAERSK LINE EXPORT FULL CONTAINER SERV TO: UA PACIFIC, GULF, ATLANTIC, EAST CANADA, IN Feeder V n M. M. M. M.RJUOO
      582 words

  • Page 14 Advertisements
    • 374 14 WJIMM FAR EAST/EUROPE CONTAINER SERVICE To Europe Feeder From Eur Mm Accent for 1) Barcelona Genoa. 2) Amsterdam Antwerp. I Havre Basle UK 3) Bremen Bremerhaw. Aarhus Copenhagen Hetvnki 4) Malmo Stockholm. Oslo •Accepting Europe cargo tor feeder «ia S pore 'Aho direct cargo tor Spore t Bangkok Ph contact
      374 words
    • 407 14 Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South WMt Pacific North Waat m UAB OM M 7/1 11/1 MIDDLE HAST IMI/334 va/is 127/131 *23/337 i M Ma 1 Ata DkaM CONVENTIONAL SERVICES m seat vet t KAMI 2J/I It/I MUM TAMASHN M 31/1 2/1 MB M Mu acceptmg LCI
      407 words

  • Page 15 Advertisements
    • 518 15 The Straits Steamship Group J OCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok SMGAPORE TO SARAWAK AN) BRUNEI ALBQ ACCEPTING CARGO FOR: NMAh| ti Kate Mafent SiacfclMtaß, Mrin] li Rataa* kmMm to M UK rtftaat, CwMp. DtkM J CONTAINERSHIP SERVICE
      518 words
    • 405 15 sassa TOKO lme "EASTERN ISLAND". voy-16 arrived on 9th July.* 1983 m.v. "MONTE ROSA" voy-8 arrived on 10th July. 1983 Consignees of all damaged car-' goes ei the above captioned ves-< sels are hereby notify that the* General Survey will be held on J the 22nd July, 1983 (Friday), at'
      405 words

  • Page 16 Advertisements
    • 622 16 10 CONTINfNI UK Hapag-Lloyd Myt by twnpirt by rniMmmmmmam I XPOR TS S pore P Kelanf Pen I (noes Genoa Hburf Bilbao Rdwn M'seiHe 23/7 25/7 28/7 20/8 17/8 26/8 22/8 2/9 18/8 Tefae Eiprtu Trtyt by Inai Mini Connecting m Tokyo "Also accepting cargo tor ATLANTIC GULF PORTS vio
      622 words
    • 472 16 I i (IMNIMNSI MC.li I 1 I. Mil AN S POM P MIAHG PtNANG BUSAN FULLY CONTAINERISED SERVICE 10 IUROPf VIA ttm* l*Ha«rt R tfan friMM Iftoi Anhra KOOtAW CHANCt 13W 25/7 26/7 13/1 14/S 16/« IS/8 21/1 I«*NSNQM.O HIH 16* 31/7 1/1 19/8 20/1 22/1 24/8 27/1 KOKAN MCI
      472 words
    • 514 16 r EVERGREEN LINE FAR EAST/PUROPE CONTAINER SERVICE ACCEPTMG Fa I LCI CMGO FOR m m fu rm mm lm Ent LM| IS/7 »/7 lt/1 It/t 2t/t ?l/l iNtiM vi a/i a/« 77/1 a/i mi E»w 6Mt 13/1 IVI J/9 7/9 9/9 it/) 11/J ALSO ACCEPT* ia/Fa i fa/fa TO SOTN9MK.
      514 words
    • 714 16 l Everett UnesF V Burma Five Star Shipping Corpn. jßk "BURMESE NATIONAL LINE" LOADING FOR RANGOON For Dischafpnt Only ™-"l 7/11 h( 4/( A* B F SS C Agents m Makjywo BOUSTEAD SHPWNG TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 CompanM Arfoniino 0* NavoMOOfl IntffooWin#m»l SACIF "ARGENTINE NATIONAL LINE' LMHNG
      714 words
    • 269 16 f US I NOSE VORTEX BREEZE AGENTS MARITIME PTE LTD SUN UNION LINE KARACHI SERVICE »WK*E PJELMC PQMNE LOAD FQH W> mi UMCH »wmk snos wmc pie in TEL 2*1144/7 1 22*117# M T .r, •00MB; KANT WIK COTMR la 222*352/3 fWT ttIMK MM.O9 KNOTS BUM Itl *7232/1 MUT9K TM«
      269 words

  • Page 17 Advertisements
    • 585 17 PIL GROUP VESSELS VOYAGE SINGAPORE LOADING FOR: KOTASEGAR E-453 2/5 AUG HOOEIOAH, AOABA, AOEN KOTAMUTURA E-453 5/10 AUG DJIBOUTI. HOOEIOAH. JEDDAH. AOABA, PORT SUDAN SALAM E-457 10/13 AUG HOOEIOAH. JEDDAH, MOMBASA, DARES SALAAM. MOGADISCIO KOTAMAJU E-459 2/6 SEPT HOOEIOAH. JEDDAH. AOABA, PORT SUOAN KOTA MULIA E-441 5/10 SEPT HOOEIOAH, JEDDAH,
      585 words
    • 558 17 IRAQI LINE IRAQI STATE ENTERPRISE FOR RARITIRE TRANSPORT S pore P. Kahnf Loating for: M.V. ALFARABI Saied Boufcay/Aqaba/Basrah/ BafMad/lfadras/CocNn M.V ALNASITI 30 Wy M.V. ALfAR/W MV ALKMDI Saled 29 July Yofcohama/Ouka/Kotoe Japanese Ports THROUGH B/Ls to BAGWAD 4 BASRAH UPON REQUEST ALSO ACCEPT* CONTAVERS UPTO AQABA t BAGHDAD REEFER SPACE
      558 words
    • 709 17 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO tmxyt png Br am* Fiprni Kmrtaoa Bay nn Cdj at 3/1 Nambwf fiprni U/l lakyo Bay 23/1 Liverpool Bay 30 I f rat tart fiprm 1/9 Nowponf tipreu 12/1 Brown Eipreu 20/9 (ROMjUOOH HAM wi QM Sjm iMtM Bjf SaM CMy ot
      709 words
    • 726 17 £3 P.T. DJAKARTA LLOYC T Indonesian Notional Shipping Line TO USA WIST/ EAST COAST N OJLF PORTS (FULLY CONTAMERISED VESSELS) STOK IX HOUSTON SAVANNAH «N TOM BAITMOAf MTMMIA Oe? 7M It/7 l/l 20/1 24/1 27/1 31/1 NAMPAMT fcy Mi 11/1 l/» 13/9 17/1 21/1 23/) COM tor MB 3/9 21/9
      726 words
    • 598 17 P*g* V BOUSTEAD SHIPPING AGENCIES BANKUNE EXPRESS SERVICE TO UK/CONT IVYBANK CLYDEBANK SPORE R'DAM HULL HMBG 23 Aug 19 Sep 21 Sep 25 Sep 20 Sep 15 Oct 18 Oct 21 Oct Lykes/* Lines COMBO LINE REGULAR TMBER/PLYWOOD BULK SERVICE S pore P Kdang T'Ayer loading lor Fort Watt N039
      598 words

  • Page 18 Advertisements
    • 1238 18 Kline KAWASAKI KISEN KAISHA, LTD PACIFIC COAST (Inclnding DESTINATIONS INLAND via IPI/MICROBRIDGE A MINILAND BRIDGE) fflDf* VESSEL MONTE RUBY V 6 KANSAI PIONEER V 23 At SO ACCEPTWG (MCROBMXX) (MMLAND BRDGE) ATLANTIC COAST MONTE ROBr V 6 KANSAI PIONEER V 23 ASM STAR VU TACOMA (VU SEATTLE) LONGWEN (MA PORTLAM))
      1,238 words
    • 367 18 QE CHAR CHING MARINE CO LTD HfJJk'li FEEDER VESSEL S PORE MOTHER VSI HKG I BEACH OAKLAND SEATTLE KOWIOON BAT 23 U ff LAN OS AUG 27 AUG 21 AUG 01 SEPT HAMWG EXPRESS 21AA CHAR MNG 15 AUG Of SEPT M SEPT II SOT T<*TO BAT 14 AUG TAO
      367 words
    • 490 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lM*t tm LOS ANGELES SAN FRANCISCO. SEATTLE It COMA VANCOUVER BC let*** FCL/FCL ConlMWri S«*»po. e I Anptes Hftsn Stat JifaT AUSTRALIA EXmSS CORTARIER SERVICE PMm| S pore IMb Sytfn Aho acunh 5": 30 Wn 31/1 Aaf 13 *m Mfc, /STg,,, ■OAS 20
      490 words
    • 593 18 ITO KORINS MARITIME SERVICES 114 An»on Road. #18-01, Tunat Building, Singapore 0207. T«l: *****22 A *****07 P Kelang: T#l: *****1/8 A£D StA/PfRSIAN GUIF/MfOITtRRANEAN SERVICES S'pore Loadmt For: IMW —22 My Bandar Abbas/Bandar Bushire HAEWOO NO. 2 21 Au| Astab/Aleiandria/Benfhazi/Tripai HAEWOO NO. 3 10 Sept Assab/Aleiandria/Bengtai/Tripoi /A\ ASIA MKRCHANT MARINE W
      593 words
    • 634 18 INTRASEA (PTE) LTD. 10 A»>•..»>, j* If rl> "mi .1' i BREfIKBULK SERVICE TO EUROPE/UK ANANGEL PEACE *****01 BUNGA KEMAGA *****09 AKAOCMOS *****10 Sport P Kdwi 24 My 27 My 24 My Auf 4 Au( r ALP AC LI NE M S'pOfe P KeUr* R"DAM/t* (AVON) ANTWERP/RDAM/UK (AVON) •KM net
      634 words

  • Page 19 Advertisements
    • 565 19 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): K CHANCE 13*+ TDK BRDGE 16* K JACEJM 20* C PMJL 36* 0 CHEF 35* HK CONTAtER 36*. Also accepting cargo to/from Scandinavia K CHANCE S'pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) 1600 24/7 0400 24/7 SS BRDGf
      565 words
    • 479 19 HEUNG-A SHIPPING Korean Flag Vessels QQNAtf SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. BUSAN. INCHON 4/1 7/1 14/1 2VI u/i nn in w/» ta 12W In it Mi n/24 SEMI-CONTAINERISED DIRECT SERVICE TO CHITTAGONG. CHALNA. CALCUTTA post *awi wpti* »a*cis rn tiD Ift 11 ?704?Sb mi Nr u**s shi* sow »c
      479 words
    • 1030 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55. Marfcet Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P RELANG ft HANG M/S SHARMAT NAN SOON SON BHD IST AND ?NO FLOOR MESSRS HA) THONG SMPPWG 23
      1,030 words
    • 124 19 SOON KIAT SHIPPING PTE LTD 3 Shenton W»y #20 05 »?0% Slwnloo Ho»m SfflMport 0106 Id ??050M <5 Liws) Mo RS3CI3S SKSMP KGULM somen TO EAST MALAYSIA CTA ETD OQTMTWI Hm| Lm I 25/7 27/7 Mi«i NNHMIN 21/7 W) fcfc*/* M« Hm| Lm N nn 28/7 ItanAMWalkM tec* Hb Im
      124 words

  • Page 20 Advertisements
    • 419 20 Keyioiial Container Lilies flTTHlf] Sailings Weekly IIJJIJ Reliable Regular Punctual Berthing PSA 1500 Hrs Tuesday Saturday REGULAR FEEDER SERVICE TO PHUKET/SONGXLA W STORE SKLA ¥OY. STOW PHUKET tATAfUBKM 143/144 24/25 X3O M 225/230 2 Aug 5 Aug SINGAPORE ISLANDS LINE MIDDLE EAST REGULAR LINER S'pore P* Png Loadng tar: XUSU
      419 words

  • Page 21 Advertisements
    • 111 21 FULL CONTAINER SERVICE TO UK/ EUROPE LONDON, ANTWERP, ROTTERDAM, HAMBURG IVIV WEI HE (CHINESE FLAG) ETA SINGAPORE 5/8/83 PORT KELANG 3/8/83 PENANG 1/8/83 VIA FEEDER BOOKING AGENT SHIPPING FREI6HT BOOKING CENTRE SDN BHD., CHINESE CHAMBER OF COMMERCE BLDG., #07-05/07,47 HILL STREET, SINGAPORE 0617. PHONE: *****51, *****41, *****75, *****14. GENERAL AGENT
      111 words
    • 167 21 Scan Dutch 9 To Europe (Med/UK/NC/Scan) To Red Sea/Mediterranean SINGAPORE S< anOutch Concordia Woensdrecht Scan Dutch Corona CASABLANCA From Europe MOTHER VESSEL SINGAPORE FEEDER FEEDER SINGAPORE p KELANG PENANG HONG KONG From Red Sea/Med TOKYO "OTHER SINGAPORE FEEDER I FEEDER TOKYO VESSEL SINGAPORE p KELANG Woensdrecht 5/8 Scan Dutch Corona
      167 words

  • Page 22 Advertisements
    • 221 22 WORLD LINE TCMtI rf ma BIACX WHAU mitiey* SOVER LAKE STOW I 10? Jul? 24/25 LB5 wy mn 146 Aug 4/5 1109 Am« li/12 M WSC reads berth Smgnxxt it PfW G*i 303 CB7 Sfi|apore Gen Afttrt NPPON fXWSS m LID ■■W Trt4t Ca*t 1 HaHtat Spn. #0» 51 So*
      221 words
    • 451 22 v(i P.T. KALIMANTAN SHIPPING CO. LTD. )A1 AN !»WH ABANG I 123/1?5 lAKAJITA HI *****9 *****8 343?% DIRECT WEEKLY SERVICE TO JAKARTA Daily receiving cargo at Marina Wharf T.A. 5 for direct weekly service to Jakarta/Tg. Priok. VESSEL ETA/ETD DESTINATION NUGA XXXn VOY 11 20/22 July Jakarta NAGA XXI VOY
      451 words
    • 189 22 6 B. S. C. BANGLADESH NATIONAL LINE se o* Bang GSINGAPORE/BANGLADESH SHUTTLE SERVICE ARABIAN GULF EXPRESS M.V. BANGLtt VESSEL 21 My Muscat/Dubsi/Doha/Kih ■i/DaMM n S PICIHC T "ISS i 'R»D SG »sf's G;NL' PTk LTD '0# t S T A. S« »«"\G CO«'S I'.iiii ib uc 5 SifJUl ..-f.- Te
      189 words
  • Page 22 Miscellaneous
    • 158 22 Regional Weather S a. 2 MS 9 EES k3?S^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND: R Thunderstorm Temperature °C Shower Weather s-J Wind direction with speed in knots Rain v^) Cloudy Sky Wave Bnrtaee win is are
      158 words