The Business Times, 19 August 1983

Microfilm: NL14154
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 67/1/83 FRIDAY, AUGUST 1», I*B3 60 CENTS
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  • Article
    Get ready for new technology, professor advises
    374 1  -  By SOH TIANG KENG SINGAPORE is coming close to "full absorption" of the world's third industrial revolution and should prepare itself for the fourth industrial revolution the era of micro-computers, lasers and genetic engineering products. In the view of visiting American economic historian,
    374 words
  • Article
    Lock icon Taiwan intends to buy more from US
    229 1 Reuter TAIWAN has told its state enterprises to buy more from the United States to cut the huge US-Taiwan trade imbalance. Economic ministry officials said yesterday that more than two dozen stateowned companies had been told to switch their purchases of machinery and
    Reuter  -  229 words
  • Article
    EDB out to attract European investors
    583 1  -  By WANG LOOK KEAH SIGNS of economic recovery in Europe have spurred the Economic Development Board to intensify its promotional efforts to attract investments to Singapore. Its European office based in London is organising a series of seminars on business opportunities in Singapore in
    583 words
  • Article
    Lock icon Warning against debt moratorium
    153 1 Reuter WORLD Bank vice-presi-dent Ernest Stern warned Latin American countries against declaring moratoriums on their foreign debts. Asked about reports that Mexico and other Latin nations would declare a yearlong moratorium on servicing their debts, Mr Stern said he doubted if they were true. "To declare
    Reuter  -  153 words
  • Article
    US and Malaysia reach understanding on tin sales
    374 1 THE United States has reached agreement with Malaysia to bold tin disposals from the national defence stockpile at no more than 3,000 tonnes a year under current market conditions, US administration officials said. The memorandum of understanding reached with Malaysia is expected
    374 words
  • Article
    Lock icon Jakarta looks to private sector
    168 1 Reuter INDONESIA will increase the role of the private sector during the next five-year development plan starting in April 1984. Industry Minister Hartarto was quoted as saying the government present a new industry Bill to Parliament before the end of the year to improve the
    Reuter  -  168 words
  • BRIEFLY...
    • Article
      UMNO approval
      72 1 THE UMNO Youth General Assembly yesterday unanimously expressed support for the Malaysia incorporated and privatisation concepts advocated by Prime Minister Datuk Sen Dr Mahathir Mohamad. The more than 350 delegates at the one-day assembly approved without debate a resolution expressing full support for the two concepts. The resolution
      72 words
    • Article
      Lock icon Lowest pay rises
      46 1 Reuter PAY rises in Britain in the year to June averaged 7 per cent, the lowest since 1967, the government said. The figures, released by the Department of Employment, compared with an average rise of IV* per cent in the year to May.
      Reuter  -  46 words
    • Article
      Lock icon Moratorium proposed
      53 1 Reuter SOVIET President Yuri Andropov proposed a moratorium on the launching of anti-satellite weapons into space and said the Soviet Union undertook unilaterally not to launch such weapons first. The official Soviet news agency Tass said Mr Andropov made the proposal in a meeting with a group of
      Reuter  -  53 words
    • Article
      Lock icon Communist threat
      47 1 AFP THAI intelligence forces confirmed a shadowy new communist movement had emerged which they called a "definite threat to security in the kingdom". The Internal Security Operations Command public relations director Colonel Vichien Sunthornkes said the group has no more than 200 armed insurgents. AFP
      AFP  -  47 words
    • Article
      Lock icon No interest rate rise
      86 1 AFP THE West German central bank has no plans to raise its interest rates charged to other banks in the country to confront the current strength of the US dollar, Bundesbank president Karl Otto Poehl hinted in a television interview. Mr Poehl refused to make specific
      AFP  -  86 words
    • Article
      Lock icon Trade mission
      58 1 UPI JAPAN will send a private trade mission to the US to promote what one mission member called the "export consciousness" of American businessmen, the Tokyo government announced. The mission, including top executives of Japan's major trading houses and retail chains, will visit New York City, Chicago and
      UPI  -  58 words
    • Article
      Lock icon Illegal re-export
      55 1 Reuter SWISS customs have fined seven people a total of 1.6 million Swiss francs for illegally re-exporting strategic US computer equipment to a communist country. The shipments of two Microligner integrated switching systems worth 6.5 million francs evaded a US embargo on the export of strategic high-technology goods
      Reuter  -  55 words
    • Article
      Lock icon Placed under custody
      74 1 UPI THE Seoul government has decided to place a business conglomerate involved in tax evasion and embezzlement under the joint management of four banks, Finance Minister Kang Kyong-Shik said. The founder and board chairman of the Myungsung Group, Kim ChulHo, 45, was arrested on Wednesday along with
      UPI  -  74 words
  • Article
    Payments to injured workers total $20.7m
    292 1 INJURED WORKERS received a total af $21.1 mtlUm fa warkmea's campeasatfsa daring the first seven nwatks af this year. TOa was tor 11,59) eases, campared with $27.2 mlllton tor the whale sf last year far almast twice as maay eases. There were 2MTI successful
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  • Article
    Lock icon Study shows low taxes improve conditions
    472 1 AP COUNTRIES with low taxes have higher growth rates in employment, food production and even life expectancy, according to a new study sponsored by the World Bank. Keith Marsden, a Briton, chose 11 pairs of nations for his survey one country with high taxes
    AP  -  472 words
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  • BANKING AND FINANCE
    • Article
      Chase to provide ATM services
      369 2  -  By SOH TIANG KENG CHASE Manhattan Bank will install automated teller machines in all branches here at the end of this month as part of a major expansion push. This will be the bank's first ATM network outside the US. Chase will be the first
      369 words
    • Article
      Lock icon Australian deposits fall in July
      156 2 Reuter AUSTRALIAN trading bank (deposits fell AJI3O million to $31.43 billion in July after rising $167 million to a revised $31.56 billion in June, the Statistics Bureau said. This compares with a year earlier rise of $112 million to $29.57 billion. Total loans outstanding rose
      Reuter  -  156 words
    • Article
      Lock icon Key officials want tight US policy
      230 2 Reuter SEVERAL top policymakers at the US Federal Reserve Board will argue against any easing of its tight monetary policy when they gather next week, said sources at the board. When they meet privately to review US policy on money supply on Tuesday, leading
      Reuter  -  230 words
    • Article
      Lock icon Dederick expects rates to ease
      161 2 Reuter US INTEREST rates should ease somewhat in coming months as the pace of the economic recovery and money supply growth slow, Robert G Dederick, Under Secretary of Commerce for Economic Affairs, said on Wednesday. Mr Dederick said large federal budget deficits this year and
      Reuter  -  161 words
    • Article
      Lock icon McNamar says no US pressure to raise yen's value
      309 2 FT THE US is not exerting pressure on Japan for unilateral action to improve the value of the yen against the US dollar, said Mr T McNamar, deputy Secretary of the US Treasury, yesterday. In Tokyo for two days of talks
      FT  -  309 words
    • Article
      BONDS AND LOANS
      328 2 BELGIAN Finance Minister Willy de Clercq has confirmed in a statement that the Fonds des Routes, the national roads fund, will launch a 7>/i year, 11.5 per cent bond issue on Sep 1. Mr de Clercq expects the issue to raise 60 billion francs, with a consortium
      328 words
    • Article
      Lock icon LLOYDS VENTURE WITH NEW GUINEA INTERESTS
      89 2 Reuter LLOYDS Bank International said it has established a new bank called NiuginiLloyds International Bank in a joint venture with New Guinea interests. Lloyds Bank International holds 49 per cent, with management control for an initial period of 10 years. New Guinea shareholders have
      Reuter  -  89 words
    • Article
      Lock icon US sets loan guarantees for Brazil and Mexico
      374 2 Reuter THE Export-Import Bank said it has approved US$l.5 billion in loan guarantees for Brazil and $500 million for Mexico. The guarantees are subject to congressional approval since they are larger than $100 million. Ex-Im Bank president William Draper said the funds
      Reuter  -  374 words
    • Article
      Lock icon Warning on debtors cartel
      182 2 Reuter HEAVILY indebted developing countries are unlikely to form a "debtors cartel" because it would be an economically and politically self-defeating measure, US deputy Treasury Secretary Timothy McNamar said in Tokyo. Speaking at the Federation of Economic Organisations (Keidanren) on Wednesday, Mr McNamar said: "A so-called
      Reuter  -  182 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        501 2 THE US dollar continued its plunge for the fourth consecutive day on the foreign exchange markets yesterday. Again, expectations of lower US interest rates and selling of the unit were cited by traders as the main reasons for its descent. Yesterday, the greenback was quoted against the Singapore
        501 words
      • Article
        Gold
        282 2 GOLD FUTURES in Singapore yesterday turned softer in the afternoon on some profit-tak-ing after a firm opening, but the market still closed higher on balance compared with New York's closing levels. Trading was light with total sales for the day recorded at 96 lots while kerb volume at 318
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      • Article
        Silver quotes
        42 2 New York 12 49B 12 30B 12.54S 12.35S Zurich 12 4SB 12 55B I2.50S Tk„. 12 60S Singapore llVfl 12 43B 12 35B 12 53S 12 45S Closing prices in US dollars a troy ounc B. Source: Credit Suisse, S'pore.
        42 words
      • Article
        Hongkong
        65 2 THE US dollar yesterday recovered after losing sharply in early trading but the market remained uncertain over the near-term trend of the currency. Banknote rates yesterday: (HK perl): US 7.33/7.35 UK -11.06/11.25 Brunei 3.43/3.45 W Germany 2.795/2.815 Malaysia 3.12/3.14 Philippines 0 60/0.62 Singapore 3.44/3.46 (HK per 10): Burma 1.50/2.50
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      • Article
        London
        81 2 THE dollar yesterday fluctuated widely against most major currencies in nervous early trading, putting on a full pfennig against the mark within minutes of first quotes around Far East lows of 2.6150 marks. Opening quotes yesterday US 1.5205/15 Can 1.8735/60 Cross -1.2323/26 D Mk 3.9945/85 D F1 4.4685/1730 S
        81 words
      • Article
        ASIAN $ RATES
        182 2 ASIAN RATES ASIAN currency deposit Interbank rates as at 5 pm on Aug 18: US DotUn(Spot) Offer Bk! 7 days 913/16 911/16 1 month 9* 9* 2 months 10 1/16 9 15/16 3 months 10* 10 6 months 10* 10* 9 months 10H M)* 12 months 10* 10* Dm 8w/H
        182 words
      • Article
        PLR
        22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.13 per cent.
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      • Article
        Discount
        46 2 RANGE flf prh m ofler ed by discoont bouses on Aug IS: Overnight: 3 Call dcpoatts: 2-3 Clotiif 3-month Bayiag Selliac Treasury bill* 2 9/16 27/16 3-month Bank bills 7* 7V4 3 months CD 71/16 615/16 0 months CD 77/16 75/16 Source: National Discount Co
        46 words
      • Article
        Tokyo
        119 2 THE dollar yesterday closed slightly higher at 242.96 yen, after rising sharply to 243.20 yen on speculative buying from an initial low of 242.15 yen. It also fluctuated widely against the mark, swinging between 2.6105 and 2.6305 marks before closing at 2.6255/G5 against the 2.6280/ 6300 New York close.
        119 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      114 2 Goklhill Square. Your solution to expensive traffic jams. If you're corrlmuting to the CBD just think what it's costing you. CBD entiy at $100 per staff car. Parking at $150 per lot. Executive time lost in traffic jams. Missed meetings with prospective clients. Petrol costs. Not to mention unnecessary emotional
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      Page 2 Advertisements Column 2
      100 2 A FINANCIAL TIMES CONFERENCE Asian Energy SINGAPORE 7 8 September, 1983 The Hon Geronimo Z Velasco Minister of Energy, Philippines Dr Tongchat Hongladaromp Petroleum Authority of Thailand (PTT) IrWijarso MIGAS Mr Dick van Hilten Shell Companies in Singapore Mr Harvey F Brush Bechtel Group Inc Dr Toshiaki Ushijima Mitsubishi Oil
      100 words
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  • TRADE AND INDUSTRY
    • Article
      Another computer magazine
      112 3 MICRO-COMPUTER users will soon have another monthly magazine. MicroAsia, an offshoot of Computer-Asia magazine, will be out by September. Publisher of the magazine is Syme Media Enterprises. Mr Jack Spakman, editor-in-chief of the Hongkong-based magazine, said microcomputers in the region are "almost a retail supermarket take-away now."
      112 words
    • Article
      Shell to increase contract prices
      343 3  -  By LOH HUI YIN SHELL is increasing the contract prices of its petrol and naphtha today. Its move, about a month later than the other oil companies, could set in motion again the possibility of a petrol price rise at the pumps. When the other
      343 words
    • Article
      Microcomputers that use Chinese characters
      375 3  -  By LEE HAN SHIH THE Singapore Chinese Chamber of Commerce and Industry yesterday showed companies here computers that will help them trade with China. Six vendors and the Mechanical Engineering Department of the National University of Singapore (NUS) presented to more than 100 visitors at
      375 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      342 3 BRIAN Kelly has joined Sime Darby Systems as product director responsible for developing the company's computer product strategies, identifying new products for representation in the region and evaluating trends in hardware and software technology. Mr Kelly began his career in computers in 1968 as programer for Air
      342 words
    • Article
      Commissioning of two new SRC facilities today
      205 3 TWO new secondary processing facilities worth about $250 million at the Singapore Refining Company (SRC) will be officially commissioned today by Minister for Culture and Foreign Affairs S Dhanabalan. The new facilities on SRC's complex in Pulau Merlimau are a catalytic reformer and
      205 words
    • Article
      SATS investing $9m in flight kitchen venture
      305 3  -  By JOHN LIM SINGAPORE Airport Terminal Services (SATS) is investing $9 million in a joint venture to operate three flight kitchens with a leading US airline caterer, Dobbs Houses Inc. An agreement, signed yesterday, calls for the joint ownership and operation of one
      305 words
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      Page 3 Advertisements Column 1
      299 3 I 71 /•v> k ta -s i V 91 s ■m V N f V /> V Xmm HMnwPWn mtmmsmmmm irtb* a V- i--. w r m 5* m *> I. M V *-> II m ft w •r** k V: mM r. tji j• <? SEE THE PHOTOGRAPHIC EXHIBITION
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      466 4 The new Ford Sierra Voted car of the year in 7 European countries (At/ TU /N /N A< C i ma. I //N //> 'f /> TL. _J I il_ I The new Sierra is already pßjj the most decorated Ford of all time. f Top ca ri n Bri
      466 words
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  • OVERSEAS
    • Article
      Lock icon Lull on fighting fronts leaves Chad cut in two
      339 5 AP DESPITE the massive and continuing French military buildup in Chad, the lull on the fighting fronts went into its fifth straight day on Wednesday with the landlocked country in effect cut in two. The French set up two new positions
      AP  -  339 words
    • Article
      Lock icon US plant usage rate highest since 1981
      339 5 UPI HELPED by the economic recovery, United States industries operated at 75.8 per cent of their capacity in July, the highest rate since late 1981, Federal Reserve System economists said on Wednesday. The overall rate for manufacturing, mining and utilities benefited the most
      UPI  -  339 words
    • Article
      Lock icon 'Accord sought on budget' report
      151 5 Reuter REPUBLICANS and Democrats are prepared to come to an agreement that would reduce the US federal budget deficit by between US$3O billion and $40 billion a year, according to the latest edition of Reporting on Governments, a weekly investment letter. Dealers said the report
      Reuter  -  151 words
    • Article
      Lock icon Bonn's budget policy bears fruit
      209 5 FT GERHARD Stoltenberg, the West German finance minister, announced on Wednesday that his stringent budgetary policy was already bearing fruit with net federal borrowing likely to be as much as DMI billion (US$375 million) lower than expected this year. Brushing aside warnings from independent economists
      FT  -  209 words
    • Article
      Lock icon Grain pact signing in Moscow
      124 5 AP A TEAM of US officials will be in Moscow next week to formally sign a new longterm grain agreement with the Soviet Union, agriculture secretary John Block announced on Wednesday. The signing will take place on Aug 25. Team members will include Robert Ughthizer,
      AP  -  124 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      724 5 ARRIVALS Service Local Operator Number Time From PAA PA5 0015 JFK/SFO/HKG TMA TL351 0600 BEY/BOM SLA SQ41 0720 MAA SLA SQ43 0750 DHA MAS MH601 0620 KUL CAL CI010 0655 JED/DHA MAS MH671 0905 KUL MAS MH8U 0910 PEN SLA SQ103 0945 KUL RBA Bid 1000 BWN
      724 words
    • Article
      Lock icon Japan's steel-making technology for Korea
      330 5 FT JAPANESE steel-making technology will be made available to a planned new integrated mill in South Korea in spite of strong objections in certain segments of Japanese industry to assisting an emerging strong competitor. A spokesman for Nippon Steel, the country's leading producer, stressed on
      FT  -  330 words
    • Article
      Lock icon USSR's chief planner on new laws
      266 5 AP THE Soviet Union's chief economic planner said on Wednesday that a planned experiment giving more local control of industry did not mean abandonment of the long-standing policy of central planning. "We still have a lot of extra authority from above (and it) hampers
      AP  -  266 words
    • Article
      Lock icon Manila allows NSC to go public
      183 5 AFP THE Philippine government has decided to open to public investors a large steel firm which was seized by the government after President Ferdinand Marcos imposed martial law in 1972. The National Steel Corporation (NSC), the country's top steel producer, has been allowed to
      AFP  -  183 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      249 5 Illustrated: Riviera Sports Watches. Available in solid gold, gold and stainless steel, and all steel. The symbol of your success With more than a hundred and fifty years of watch-making expertise, Baume and Mercier's craftsmen of design and miniaturized precision, have achieved a pre-eminence identified with the gracious measuring of
      249 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      958 6 In the boardroom battiearoond it's bettor to be well-read tnan deadl v f THE OTHER IOOYEARS WAR )«pans Md for supremacy 1941-2041 if The Japanese military expansionism of World War II was finally checked in the terrifying flash of the first atomic bomb. The military juggernaut was halted. But since
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  • OVERSEAS
    • Article
      Lock icon Call for restraint in external borrowing
      712 7 Bernama THERE is a need for Malaysia to review its economic priorities and directions and to restrain external borrowings if it is to take advantage of the impending economic recovery, say two economists of the United Malayan Banking Corporation Bhd. Writing in the latest
      Bernama  -  712 words
    • Article
      Lock icon Pertamina repays debt to Bank of Indonesia
      160 7 Reuter INDONESIAN state »11 company Pertamina has repaid its capital debt ts the Baak af lad—eda laearred la If», the effidal news ageaey Aatara qaeted Pertamlaa presldeat Jeeda Samhsaa as sayfag. Pertamina still awes the central baak interest payments tetalliag abeat 111 bllllaa
      Reuter  -  160 words
    • Article
      Lock icon UK GDP up by 0.2pc
      149 7 Reuter UK SECOND quarter gross domestic product (GDP) rose by 0.2 per cent, based on a preliminary estimate of output, after a 0.5 per cent first quarter gain, Central Statistical Office figures show. The GDP output index in the second quarter was estimated at 107.4,
      Reuter  -  149 words
    • Article, Illustration
      Lock icon Settle with Druse Lebanese urged
      247 7 AP ISRAELI defence minister Moshe Arens has urged the Lebanese government to reach an accord with its hostile Druse community before Israel pulls out of the Chouf mountains. Speaking to overseas Jewish fund-raisers on Wednesday, Mr Arens said Israel had stressed to the Lebanese the
      AP; AP picture  -  247 words
    • Article
      Lock icon GERSHWIN DIES
      344 7 WORLD Hi BRIEF Agencies LYRICIST Ira Gershwin, who collaborated with his late brother George on the American opera "Porgy and Bess" and whose songs included "Embraceahie You" and "A Foggy Day," died on Wednesday, a spokesman for his publisher said. Mr Gershwin was 86. "He had been 111
      Agencies  -  344 words
    • Article
      Lock icon Over-production not likely to hurt prices
      477 7 Reuter EVIDENCE that a majority of Opec's 13 members were ignoring crude oil production limits set in March was unlikely to undermine spot price» ahead of Opec's Sept 13 meeting in Vienna, industry sources said. The sources said the Vienna market monitoring committee meeting
      Reuter  -  477 words
    • Article
      Lock icon French trade deficit down to 3.03bn francs in July
      387 7 Reuter FRANCE'S trade deficit narrowed in July to a seasonally adjusted 3 03 billion francs from a 3.70 billion deficit in June and compared with last year's 8.63 billion deficit in July 1982, the foreign trade ministry said. Imports seasonally adjusted
      Reuter  -  387 words
    • Article
      Lock icon Car companies talk of merger
      150 7 Reuter GENERAL Motors Pilipinas, owned by General Motors Corp and Isuxu Motors Ltd, is holding talks with Delta Motor Corp, local assembler of Toyota cars, about a possible merger. Philippine government officials said on Wednesday that the two companies told the trade and Industry ministry
      Reuter  -  150 words
    • Article
      Lock icon Nordic oil rights dispute hots up
      383 7 FT THE confrontation between Sweden and Denmark over oil drilling rights in the Kattegat and the Baltic sharpened on Wednesday as it became clear that the Danish government was offering further licences in areas where sovereignty was disputed by Sweden. Senior officials from the
      FT  -  383 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      31 7 Cold Storage Holdings R L.C Group Head Office Effective August 22, 1983 we will be located at: Centrepoint 176 Orchard Road #06-01, Centrepoirit, Singapore 0923. Tel: *****95 Telex: 'Colhol' RS *****
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      Page 7 Advertisements Column 2
      65 7 THE REAL COFFEE TASTE THAT'S WORTH ITS WEIGHT IN GOLD. RLENi- > e v Nescafe (iol(l Blend is superior coffee, made exclusively from our selection of finest coffees. I hese select heans are carefully Mended, ntly )lden -roasted and ground to perfection. Then percolated and free/e-dried to ca[)ture all tlie
      65 words
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  • Article
    A superficial conclusion
    458 8 IN THIS world nothing is certain but death and taxes. Nearly two hundred years after Benjamin Franklin made this observation, the World Bank has come up with a more startling discovery: that people who pay high taxes may die sooner. High taxes can indeed make life taxing,
    458 words
  • Article, Illustration
    Professor backs call for Pacific grouping
    1605 8  -  Asean's importance is such that any proposed Pacific Basin body must ensure its future stability. Professor W W Rostow argues the case for a Pacific Basin grouping and envisages a dynamic role for Asean in such a body. ZHOU MEI gives the details. ZHOU
    1,605 words
  • Article
    An examination of the take-off theory
    576 8 THE name Rostow and the term "take-off" are practically one and the same to those who have touched on development economics. Walt Whitman Rostow launched his take-off theory in 1960 with the publication of his book: The Stages of Economic Growth: A NooCommunist Manifesto.
    576 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      345 8 For details write to Lombard North Central PLC. Banking Services. Dept 510. 17 Bruton Street. London WIA 30H. England Telephone 01-*****34 m LION CORPORATION BERHAD (Incorporated In Malaysia) ANNOUNCEMENT INTERIM REPORT TO SHAREHOLDERS FOR THE SIX MONTHS ENDED 30 JUNE 1983. The Directors are pleased to announce the unaudited results
      345 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      618 8 CRYPTIC PUZZLE 4 Wish to reside, posrtbiy (6) 7 Deep affection for a real (tack (14) t He sounds mare remote (<) 10 It's ground (5) 13 Front of the fare* (4) 14 Washday refreshment* (4) 15 Brother of Uncle Remus (4) 16 There may be a catch In It
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    • Miscellaneous
      Page 8 Miscellaneous Column 2
      742 8 .SINGAPORE 5 3.00 PM Opening folowed by A House Is Not A Home (Mandarin/r) 4.30 Sports Spectacular: Featuring a basketball game and the Cotton Bowl Celebrations in Texas. 4.55 The Rainbow Patch The Value of Confidence: Peco and Dipper make a swing from an old tyre. Guest star is Dick
      742 words
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  • Article
    Lock icon The two faces of Security Pacific
    1633 9  -  By THOMAS HAYES NYT IN MARCH this year, the Security Pacific Corporation in the US tried to buy the country's biggest commercial lending business from the Walter Heller International Corporation for US$4OO million. But when Japan's Fuji Bank topped the offer by $25 million,
    NYT  -  1,633 words
  • Article
    Lock icon A contradiction in terms
    682 9  -  By MICHAEL PIORE NYT THE past decade has been marked by uncertainty in interest rates, prices of materials, exchange rates, technology and consumer tastes. During the last several years, business leaders have come to see the new uncertain environment as permanent and have tried to restructure
    NYT  -  682 words
  • Article, Illustration
    Lock icon Spreading contamination
    1020 9  -  By RICHARD PIENCIAK AP IN THE western part of the US, the brown trout in Colorado's Arkansas River live only half as long as they used to. Most of those that make it past the age of four are emaciated. In the south-east, for the last 13 years,
    AP  -  1,020 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      112 9 presents a bold new dimension in office furniture From RHINO, comes the latest and one of the most exclusive range of office furniture available. Good looking, long lasting, modern in concept and with a timeless elegance, RHINO office furniture lends harmony and style to any room. Combing the precision of
      112 words
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      Page 9 Advertisements Column 2
      95 9 I SPA Italy Shelving Systems create more room for improvement m Ei rfiira *3? w r p I Storage and space problems pushing you into a corner? Not anymore with FAMI Shelving Systems. A revolutionary shelving system constructed out of high density, super reinforced polypropylene, FAMI cabinet container is flexible,
      95 words
  • Page 9 Miscellaneous
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      268 10 with the American Express Card H you dont already have the Card, call *****33 tor an application torn" Wester* (z/l\ PRET-A-PORTERI9B3 »1 w >/ August 19 Dick Lcc of Ping Pong We bring you the top nine designers in Singapore to present their latest, most original and exciting ready-to-wear creations
      268 words
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      Page 10 Advertisements Column 2
      185 10 Great entertainment at the Ladyhill Hotel Cocktail Lounge 4 > V 'M W 4 r Two The Silver Saddles and John. Ann and Sam take you do*n the road to NaahviHe every evening Smg atong dap your hands and tap your «eet to your country—stem aonge Between them they also
      185 words
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      Page 10 Advertisements Column 3
      162 10 G#\knd§ Singapore's latest to good food and cosy surroundings. Special servings are set for breakfasts, luncheons, dinners and late night snacks a wide selection of Oriental and Western fare. Cafe Vanda your haven 24 hours a day Paramount Hotef Marine Parade Road. Singapore 1544 T•#: 344 5577 Entrance by Eatt
      162 words
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      Page 10 Advertisements Column 4
      185 10 A place where time stands still. -y.: i A \jr Pb The Music Room. Peaceful. Elegant. Stylish. Relax and read. Enjoy a real English afternoon tea. Or drift in for cocktails and dance to h A*, music that breathes wo SJK2RS OWM Juliana's of London. V A great place to
      185 words
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      Page 10 Advertisements Column 5
      182 10 Our newly extended Coffee Garden is now better than ever. Whether you have an appetite for local or continental food, you 11 find our staff friendly and efficient, our food appealing and delicious. Try our famous claypot specialities, Hainan©* chicken rice and other dishes. For reservations, please call *****22 ert
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  • RAW MATERIALS
    • Article
      LONDON MARKETS
      1140 11 COFFEE: Robusta futures were unchanged in the spot month but barely steady elsewhere at midday yesterday in thin trading. Nov was up £2 at £1,700. Total volume was 868 including 162 crosses. Small broker selling pressured prices at mid-morning amid market talk that the order was on behalf
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    • Article
      PALM OIL
      131 11 THE Malaysian crude palm oil market yesterday eased on further liquidation, in line with lower palm oil futures. In Aug, north and central fell Msso and Ms4s respectively to MJ1.120 a tonne and south Ms4o to M 51,125 while in Sep, south lost Ms4o to MSI 130 and
      131 words
    • Article
      SOYBEAN
      221 11 SOYBEANS in Chicago on Wednesday ended mostly lower, off 15 US-cents per bushel in August to up IV* in distant November. September was the only month to set a new contract high on the early rally, then eased to trade in a 32-cent range. Reports of scattered rains prompted
      221 words
    • Article
      WHEAT
      202 11 WHEAT futures in Chicago on Wednesday closed on a steady note, up V* cent to 3% US-cents per bushel, with December held to a nine-cent range. Moderate export business scheduled for the next few days and the outlook for additional sales kept September firm relative to deferred values. Much
      202 words
    • Article
      RUBBER
      324 11 THE RUBBER market in Singapore yesterday closed easier with September One RSS buyers quoted at 240.50 cents per kilo, down 2.50 cents from Wednesday. The morning session was slightly lower on lack of buying interest and some selling of September One RSS. Prices eased further in the afternoon on
      324 words
    • Article
      CLOSING PRICES
      29 11 Rubber Aug 18 Singapore: September: 240.50 cents (down 2.50 cents) Malaysia: September: 266.00 cent* (down 1.50 cents) Tin: M$30.16 per kilo (unchanged) 95 tonnes (up 23 tonnes)
      29 words
    • Article
      Straits Tin
      95 11 THE Btrattstla price la wittda the IT A tower raage sf Mta.li to MfSLM. Ike market keld steady la llae wftk Ugker everalgfct Liaiia advice*, with Ike batter stock maaager malatalalag sappsrt at tkto level. He was tpia tke mala bnyer, tahtog ap after, agatast 12 ea lie
      95 words
    • Article
      RAS PRICES
      332 11 RAS prices In centa per kUo yesterday: Nooo (per kilo) Buyers Sellers Int. 1 RAS. prompt f o b 87 .SB 238JON IM. 1 RAS. September xi.00 Ml JO IM. 1 RAS. October 345.50 346 00 IM. 2 R.S.S. m oo 233 00N UK/COM ***** 2B.00N IM. 1
      332 words
    • Article
      SSR and SMR
      107 11 NOON SSI aad 8MR pncaa rmu *+v RA8 SSR 20 SSR SO MRELB (1 taapallatl IIO paiWt) IQml hnnl 213.00 209.50 ■bar iMtk) 21&.00N 211.SON Oetaba iFonttrt Bayara 8* 214.SO 211X0 V Mtfc) Ban 216J0N 213.00N SMRCV SMR L SMR SMR CP SMR 10 11-MpAU (1 loa
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    • Article
      Produce exchange
      163 11 CHINESE Pradaee Exchange, Stogßpere, elesing prices per IN kg yesterday* Caesant «11: Bulk fob 1135.00 nominal sellers, old drum (in second hand drum) fob 1148.00 nominal sellers, new drum fob US2.oo\nominal sellers. Cspra: Mixed (loose) $80 nominal buyers. Pepper: Muntok white pepper fob Asta NLW 1350.00 sellers, Sarawak
      163 words
    • Article
      TEXTILES
      186 11 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Csttan yara: China Blue Phoenix 20s 2,680; 32s 3.580, 40* 3,770 (per bale of 400 lbs). Ptoee |iifc: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      186 words
    • Article
      RICE
      319 11 9NGAPOBE: Yesterday's closing prices in SI per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.04, 100 per cent second class 0.71, 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.
      319 words
  • INTERNATIONAL STOCKS
    • Article
      Paris
      186 11 AUG IT m GROUP B CORBEILLK Carre four 1330 30 Atr-Liquid* B 8 N Offnll Danooe CSr (Thomson Cte Francaiae 4m Pvtrolet Credit Foneler Da France Hachette itjmifto) 443 12 LTJnlon *50 304 1233 13U0 46 4M c 13 -a ♦t ♦u •u u ino ISO mjo 450 1075
      186 words
    • Article
      Frankfurt
      83 11 AUO 17 A»f-Ttlefunken Dm 71.00 1SU0 •1 -1.7 Hoachat Hoaach Horten Karstadt 1MJ0 mm i?amn nuo -1 -1J 2rc Cocninarxbank ConU Oummi Daimler-Bern Dog— 152.40 -04 KHD M7J0 unch 9*4.10 175J0 107 JO 971 JO 4-7.7 M -1J ■41 Unda Mannesmann A hwai Rwe ST A 8c he ring
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    • Article
      Brussels
      86 11 AUO 17 m Or Bru Lamb txa unci Hobok 4006 -IS FORWARD MARKET Patro 9000 unci Ryl Dutch aaaa 0 Aeec OB -t Rklrn 17® JO Arbcd UM I Sot Oco Bcl« 1000 -10 Aatur «2 Soflna aan* so Brmacan 1310 10 Sol ray A 9096 so r»np»/Cock IMS
      86 words
    • Article
      Zurich
      177 11 1!—i, -J Franca a» 1* Sandoa Rag Sulapr Pr 2200 2M -10 -i Z m -4 Bulaar Rag Swim Bank Br 10M -40 Brown Bmrl Br. Cllw OtlCT Br. Clba o«m P c 1 1 1 ili unch Swias Bank Corp _»t owisb R f Intur 2M -1 «a
      177 words
    • Article
      Milan
      56 11 AOO IT BMtatl Lire as jo -1.19 Madlotenca M llano Aa Ort MotwUdorl Prt» Monlediaon nm +ioi woo -lao HBO .10 Ocncrmll *****0 +W0 Klnaacenw Ort »1 ♦O.T Ifl Prh DM 4014 >M 8l P Snlm VlacoM w SI 7» -5 ***** uneh 1046 14 swi 9T +10 Lwwut
      56 words
    • Article
      TORONTO
      210 11 AUO w d Hud BV Mis AhMih. M In, P OU JTH H AMUbi m vincn in w Alcan lot Pro* PIh S unch us A mi ou Z* Ti 2?°5 Moot *!U Intl Nickel 19% H Ban* Now Scotia IUtt Add XI unch SSM rzi ES 1!L Lotltaw
      210 words
    • Article
      JOHANNESBURG
      244 11 AUG 17 Rand Trait Bk Un Steel 218 138 1 INDU8TIIAU 830 8 ISO 30 A Alpha >io Aberrant 236 AS And CI NO 10 -IS unch MININGS Akiir m Barlows 1238 C O Smith mo r-ws im -10 Bjrojn uns unch 3S° unch -3 Cons OokJ D, Been
      244 words
    • Article
      Amsterdam
      174 11 AUO 17 ABN ru 400 00 KM) KLM Mf Df 22.00 ***** 71 JO 40 JO 1MJ0 30.00 100 JO ***** 37JO 06 JO 0.4 -1 ♦U 0J 07 -01 ■u -1.0 ♦0.1 0J Ahold Akao AMKV Amlu Amrobnk sr ioojo nm uu '*i or mi 37 JO -1J
      174 words
    • Article
      Prices sharply higher
      1157 11 NEW YORK PACED BY oil issues, Wall Street stocks on Wednesday closed sharply higher as the Dow Jones Industrial Average closed over the 1,200 level for the first time this month. The DJ index, ahead by only 2.23 points at midsession, closed at 1205.59, up about 15.14.
      1,157 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      109 11 I UK n i i Hi CHINESE RESTAURANT For the best in Cantonese Cuisine, come to us Centre v X MING AKCAD€\ Court Orchard Hotel Hotel Malaysia ORIENTAL GOURMET *Amp 4« Parking Facilities* —Business Hours: 11.30 am 3.00pm 6.30pm 11.00pm *i| rmmmj: Thai Seafood ■y-. crijg < 0 Thinking of
      109 words
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      Page 11 Advertisements Column 2
      6 11 See page 13 for Asian stocks.
      6 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2498 12 BID and offer prices officially listed aad business la and reported to the Stgat Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1.0» units unkss uthawlse specified. All Times Settlement Contracts are quoted after
    2,498 words
  • Article
    Unit trusts
    138 12 Monger*' prim (m- Aog It ■N0APOU UNIT ntuvr DIAMOND MOT mil The Commerce Ifl 1G July Auc The Savlnffi Fund 1JB 107 Diamond S pore Pro* Fund 1.54 l.O S'por* Fd (US») 0.55 OSi S pore Sec Fund 121 IJBsd 81 1.17 1.x S pore Iav«t tad l.li
    138 words
  • Article
    SHARE INFORMATION SERVICE
    3379 12 H 1 iff! IMS k Low Coaptay Last Sale +orGr's Div DW Ctt Gr's YTd Net P/l Vol (•OOO) Day High Low 0 r" SECTION ONE T INDUSTRIAL COMMERCIAL •.286 -354 •an ♦,•301 *41{ 12C •-3M :g *M I Tsac ■;#c £3S 235 146 146 154* 358
    3,379 words
  • Article
    In Kuala Lumpur
    2263 12 BID ud oOar pried officially listed aad txatnen la ud repotted to the Kuala Lamp* Stock Pii hasgi yesterday. wttta the aamher of khares traded wbown ia bracket* la tots of I.o*o units uoteae otherwtae sped(led INDUSTRIALS t|MoM (3328) Akwa <1738 2.755) (4) 2.80 (1) 1.78 (1)
    2,263 words
  • Article
    Power failure stops trading
    757 12 A HANDFUL af attaattaaal stocks nek m ICS aai Dak YuffmiMMHipwUe I» ittofk drab market yesterday where tradlag wm tkrtpUy halted at Spaa die te a pmr tall are la Haag Lraag Balldteg. Electricity aappty was ad reatered utll a eaapte af mlaates Mm 4 pa,
    757 words
  • Article
    Selected stocks advance in KL
    551 12 A SIGNIFICANT rally on Wall Street boosted local sentiment yesterday, and left share prices steadier on the Kuala Lumpur stock market. After opening higher, prices continued to move up slightly throughout the day. Scattered profit-taking was seen, particularly at midday, but this was well absorbed
    551 words
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  • COMPANY NEWS
    • Article
      Lock icon MMC branches from tin mining into smelting and marketing
      900 13 FT MALAYSIA Mining Corporation (MMC) is synonymous with tin. As Malaysia's, and indeed the world's biggest tin mining group, it accounts for more than a fifth of the country's output and controls two out of every three dredges. In spite of
      FT  -  900 words
    • Article
      What investors should look for in loan stocks
      834 13 AN INVESTOR who is keen on buying loan stocks should first consider their incomegenerating yields as well as the remaining life of the loan stock or warrant, which will affect their marketability. To most investors, straight yield will be their main consideration
      834 words
    • Article
      Lock icon Hang Seng Bank interim may rise
      512 13 Reuter HANG Seng Bank Ltd is likely to report a gain of 8 per cent to 15 per cent in its half-year earnings, due to be announced today, but most other Hongkong banks will probably barely maintain their results. Stock analysts said Hang Seng
      Reuter  -  512 words
    • Article
      COMPANY MEETINGS
      69 13 HWA Brag Manufacturing f«mpuy Limited: EGM to be held at No 29 Jurong Port Road, Jurong Town, Singapore 2261 on August 20 at 10.30 am. BEDFORD Plantations BerFifty ninth AGM to be held at Chartered Bank Chambers, Beach Street, Penang, on Aug 30 at noon. INTERNATIONAL Weed Products
      69 words
    • ASIAN STOCKS
      • Article
        Market closes weak
        430 13 HONGKONG PRICES yesterday closed weak because of political uncertainty over Hongkong's future and speculation over a possible right issue by the conglomerate of HK Land and Jardine Matheson. Prices eased slightly in midmorning but the fall was accelerated as business increased in the afternoon. The Hang Seng
        430 words
      • Article
        Tokyo ends sharply higher
        379 13 SHARE prices yesterday closed sharply higher in fairly active trading, encouraged by the advance on Wall Street and the yen's rise against the dollar. The market average added a provision- al 79.50 to close at 9,089.58. The Tokyo Stock Exchange closed at 675.87, up 5.29 on
        379 words
      • Article
        Manila
        120 13 SHARE prices yesterday closed mixed on a turnover of 1.66 million pesos, up from 1.14 million on Wednesday. AUG IS Pesos Acoje Mining Anglo Phil Ape* Mining B Altai Con B. Bagulo Oold Bajlc Petroleum Benguet Con B CDCP rir»t PhU Hldgs Lepanto B Marlnduque B Mar steel Oriental
        120 words
      • Article
        Bangkok
        202 13 PRICES yesterday closed generally steady in moderate trading at the Securities Exchange of Thailand. The Book Club Index rose 0.31 points to 131.73 on a turnover of 28.3 million baht with 139.600 shares traded. Siam Cement, Saha Union and First Trust closed unchanged at 401, 138 and 68.25 respectively.
        202 words
      • Article
        Sydney
        421 13 THE AUSTRALIAN share markets yesterday surged ahead in heavy trading and finished just below its high for the year. Sentiment was bullish prompted by a sharp upturn on Wall Street and the spreading belief the growth in US money supply will continue to moderate in coming weeks. The All-Ordinaries
        421 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      155 13 SOME PEOPLE are still looking for other ways to deposit their money. If you would like to invest in stocks with Explosive Profit Potential, here is exciting news direct from Amsterdam, the future financial capital of the world The problem for most investors is knowing how to find the information
      155 words
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      Page 13 Advertisements Column 2
      313 13 rc Central Sugars Berhad (Incorporated in Malaysia) NOTICE IS HEREBY GIVEN that the Register of Members will be closed from 20th September 1983 to 30th September 1983, both dates inc usive instead of 6th September, 1983 to 12th September, 1983 as announced on 4th August, 1983 for the purpose of
      313 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      168 14 Rises Indices I c s 540 52 Dak Yung 426 48 Aug 17 Aug 18 Seacorp G E Life Sungei Be»i P M R I 1170 1800 820 450 30 20 20 16 BT Composite: BT Indicator: ST Industrials: 915.27 *****15 955.01 919.61 *****55 958.47 DBS 065 15 ST
      168 words
    • Article, Illustration
      KUALA LUMPUR
      189 14 Rises Indices Sg Besi NST 900 1510 75 60 Aug 17 Aug 18 Kpg Lanjut 530 50 MBT Indicator: *****48 *****25 Kesang 430 44 NST Industrials: 1318.87 1332.20 Johan 760 30 NST Finance: 2429.98 2453.89 C Sugars 1950 30 NST Hotels: 654.92 655.66 F and N 720 +27
      189 words
    • Article
      Selected indices
      50 14 H.K.HANG SENG Thursday 1000.90 Wednesday 1025.13 Week Ago 1040.58 AUSTRALIAN INDUSTRIALS Thursday 827.6 Wednesday 822.8 Week Ago 810.3 ALL ORDINARIES Thursday 685.3 Wednesday 678.1 Week Ago 663.3 FINANCIAL TIMES INDUSTRIALS Wednesday 736.0 Tuesday 732.8 Week Ago 725.4 DOW JONES AVERAGE INDUSTRIALS Wednesday 1206.50 Tuesday 1190.45 Week Ago 1175.98
      50 words
    • Article
      Lock icon Dow Jones higher
      104 14 AP NEW YORK stocks opened mostly higher yesterday, extending the market's broad advance in the previous session. The Dow Jones Average of 30 Industrials, up more than 16 points on Wednesday to its highest level in three weeks, climbed another 2.34 points to 1,208.84 after the first
      AP  -  104 words
  • Article
    Cecil Point price set at $60m-$70m
    527 14  -  HHMK Companies Editor: Mano Sabnani By LIM SOON NEO HONG Fok Corporation Ltd is looking for a single buyer who is willing to pay between $60 million and $70 million for the soon-to-be-completed Cecil Point, first put up for sale a year ago. The
    527 words
  • Article
    MBf Holdings going for more property projects
    554 14  -  By CHAN OI CHEE FAST moving finance and property group MBf Holdings Bhd will soon be taking on additional property development projects, including a first-time involvement in Sabah if its recent acquisition proposals go through. This is because two companies to be acquired,
    554 words
  • Article
    LONDON STOCKS
    818 14 SHARE prices yesterday closed slightly firmer, although they were below their early highs. At 3pm the Financial Times Index was up 3.6 at 739.6 after hitting a record 741.1 at 10 am. The market failed to find follow-through to initial gains made on the back of a firm
    818 words
  • Article
    M'sian Mosaics to issue 10.5m shares at par
    504 14 MALAYSIAN Mosaic* Bhd (MMB) is to make a pabUc Issue of 11.5 million shares of Mil each at par. The Malaysia! Capital Issues Committer (CIC), which approved MMB's proposed acquisition of two agro-based companies and its righto iasae, stipulated this as one
    504 words
  • Article
    Lock icon Inadequate information
    735 14 Taking Stock... By Hock Lock Siew REMEMBER Oliver, the pathetic boy from the film of the same name who asked for more food but ended up being chastised by his stern warden and chased out of the dining hall? Singapore shareholders, especially of listed banks, are a lot
    By Hock Lock Siew  -  735 words
  • Article
    Kesang to convert shares
    196 14 KESANG Holdings Bhd is proposing to convert its 50,000, 15 per cent cumulative participating preference shares of Msl each into an equal number of $1 ordinary shares followed by a rights issue and share split. In a statement, the company said the conversion of the preference
    196 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      177 14 We are looking for: miui; COMMERCIAL cum INDUSTRIAL COMPLEX in most sought-after location:- Area :10 acres approx. Value Ss4o million. Would suit Corporate Headquarters and oil companies. If interested, please write to:B. T. Box 5325 390, Kim Sang Road Singapore 0923 On a scale of 1000, this shoe is a
      177 words
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      Page 14 Advertisements Column 2
      320 14 How to Develop and Operate a Franchise Singapore, October 19 20,1983 Objective "Franchises have lower failure rates than other independent businesses,and there is a very lasic reason. Anyone can go into his own business. Anyone cannot go into a franchise/' rhis two-day workshop will provide a detailed analysis of franchising
      320 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      53 14 kWE'ATHERI OUTLOOK for today: Scattered showers. Report for 24 hours prior to 7.3# pm on Aug 18 at the airport: Maximum temperature 32.7 Associated humidity 65 Minimum temperature 25.9 Associated humidity 90 Hours of sunshine 8.20 Rainfall in millimetres Nil Total rainfall for the month 70.6 Total rainy days for
      53 words
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  • SHIPPING TIMES
    • Article
      Third World nations continue to bear higher shipping costs
      326 15 THIRD World countries continue to bear "significantly higher" shipping costs than industrialised nations, according to a survey by the United Nations Conference on Trade and Development (Unctad). In 1981 the latest year for which figures are available freight charges made up
      326 words
    • Article
      FEFC to meet councils again on rate increase
      495 15  -  By JUNE LIM THE Far Eastern Freight Conference will have another round of meeting with the shippers' councils next month on the proposed rate increase. A conference team led by Mr I Jacobs of Maersk Line will be in Kuala Lumpur on
      495 words
    • PORTSIDES
      • Article
        Lock icon New conference member
        88 15 Reuter THE Hongkong/Gulf of Aden and Red Sea ports conference said Heung-A Shipping Co Ltd of South Korea will become a member effective Sept 1. Heung-A shipping will operate under a slotcharter arrangement with the Far East/Jeddah Container Consortium to cover trades from Korea, Japan, Hongkong, Taiwan,
        Reuter  -  88 words
      • Article
        Lock icon Port congestion
        79 15 Reuter BOMBAY port continued to remain congested as heavy monsoon rains affected cargo handling work, and at least 17 ships are awaiting berths, a port official said. He said six ships are not yet ready for berthing and nine are discharging in mid-stream taking the total number of
        Reuter  -  79 words
      • Article
        Cosco bi-weekly service
        101 15 A SPOKESMAN for the Chinese state shipping company, Coeco, has announced a new bi-weekly container service to Rotterdam. The service, scheduled to start next month, will transport mixed cargo, mainly consisting of light industrial products from China, to the Netherlands and its West European hinterland, said Cosco
        101 words
    • Article
      INDEX TO ADVERTISERS
      761 15 Sklpptag Um PM* CM AC Torpter VI i Aha VI i Akranktel Uncr VI i Ailtrmaa vn 4 Alpac VI i Antara Shpc X 4 APC Line V 4 APL m 4/5 Arabian Bulk IX S Ai nulla IV 4 ASCL m 1 Aala broker V S
      761 words
    • Article
      ORIENT EXCHANGE
      1015 16 TWO main features characterised the freight giarket in spite of a fairly quiet week. Bagged rice movement out of Rangoon features prominently with a parcel of 12,500 tonnes fixed at U5527.00/tonnes for West African port and another 'Parcel of 10,000 tonnes for Beira, Mozambique at *122.00/ tonnes. The
      1,015 words
    • Article
      LONDON FREIGHTS
      1866 16 CHARTERING was quiet on Wednesday in most sectors of the freight market with rates tending easier where changed, shipbrokers said. Grain was covered from the US Gulf to east coast Mexico at U556.75 compared with $7.45 paid early this month when a slightly faster load was involved. A
      1,866 words
    • Article
      Lock icon One-man operated ship taking shape in West Germany
      586 16 Fairplay WEST Germany's "Ship of the Future" has taken a small but significant step nearer to realisation with the completion of a fullsize mock-up of the navigation bridge-cum-control centre by HowaldtswerkeDeutsch Werft at Kiel. HDW is acting as leader in this project
      Fairplay  -  586 words
    • Article
      Lock icon Oil tanker grounded
      58 16 Reuter A NORWEGIAN oil tanker, the Wind Enterprise, has run aground in the international sea lane near Shah Alam in the Mid-East Gulf. There is no danger of pollution from the fully-laden 178,573-tonne tanker. A Singapore-based salvage company is transferring part of the cargo to another tanker
      Reuter  -  58 words
    • Article
      The Consortia
      194 17 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANBO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      194 words
    • Article
      Lock icon New ship orders may be dominated by bulk carriers
      437 17 Lloyd's List BULK carriers are expected to dominate newbuilding orders until the end of the decade as demand for new ships reaches 15 million to 28 million tonnes deadweight a year. A new report from London-based Drewry Shipping Consultants says world
      Lloyd's List  -  437 words
    • Article
      Filipino seafarers' jobs
      320 17 THE number of Filipino seamen employed during the first half of the year declined by 21 per cent from the level a year ago. According to the latest figures released by the Philippine Overseas Employment Administration (POEA), seamen whose employment papers were processed during the period totalled
      320 words
    • Article
      Decline in West German merchant fleet
      234 17 THE West German merchant fleet decline by 20 vessels In the first half of this year, according to the Association of West German Shipowners. The decrease totalled 730,000 tons gross and comprised mainly tanker and bulk carrier tonnage. The West German fleet consisted of
      234 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5190 22 SCHEDPLE A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      5,190 words
    • Article
      Container Schedules
      713 23 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL < Arrival for LCL Movement Ship Voy Date/Time Operator Cargo Schedule Location Hamburg Exp Chev Roze 59/565 34E 20.8.83 20.8.83 0600 1200 Seganl Optorg FSB FSB 1500-1700/1300-1500 1300-1500/2200-2300 2100-2200 0800-1000/1800-1900 0800-0900/1800-1900 0900-1000/1300-1500 1000-1100/1900-2000 0700-0800/2000-2100 1300-1500/2200-2300 0700-0800/1500-1700
      713 words
    • Article
      WHO ACTS FOR WHOM ...
      1779 23 WHO ACTS FOR WHOM The leading shipping lines operating from local ports and their agents. A-B Adriatic CnMmt Continental Feeders (S) Cargo Freight (PK). AFEA African Shipping Agencies (S). Afra-Earaala Uh Transgroup (S). —Ml Uw Service Kim Shpg (S). Alfred C TMffcr Sea Consortium (S)/ Marintex Enterprise (PK). Alpae Intraaea
      1,779 words
    • Article
      SHIPS IN PORT
      468 24 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Anchan 33/4 Leo alongside 19.8.83/2300 Barenbels 35/6 Borneo alongside 19.8.83/1200 Elly 47 Sunshlp alongside 19.8.83/1500 Li Yang 8/9 Y Fung alongside 19.8.83/1500 Ned Hongkong 44 Ned-EAC alongside 19.8.83/1700 Niaga XXVn 27/8 Lian Soon alongside 19.8.83/0700 Seven Arrows
      468 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      422 15 iaiiKVfYi) iluw -:-x£ l .V1.1.i0 I 1 R 1 )1 1 W I H OOCL ORIENT OVEISEAS Container LINE FULLY CONTAINERISED SERVICE •amm am m KRONE CONTMOI 3111 S. JUS MDS 42V Ctm CQHTMEK 22« aCWLBMSS> KPTVK GAMCT IS* MBKATOR 32W ROKAM CMNCE 14« nUNSTOU MDGE 17« ROREAN MCUI 21W
      422 words
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      Page 15 Advertisements Column 2
      385 15 ySEALOKDiiI s UASC J UNITED ARAB SHIPPING CO (SAG 111* t 1 MI 1 .1 I EXPRESS MULTI-PURPOSE SERVICES M. lATYAN 39 Jubatl (6/9). Kuwait (10/9), Dam m mam (15/9), Doha (20/9), Abu 1 Dhabi (22/9). Dubai (23/9) FULLY CONTAINERISED SERVICE jtea j Mma Qaboos (11/9), I Damman (14/9), Kuwait
      385 words
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      Page 15 Advertisements Column 3
      18 15 LONDON Freights ORIENT Exchange CONSORTIA SHIPPING Schedule WHO Acts for Whem CONTAINER Schedules REGIONAL Weather SHIPS In Pert
      18 words
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      Page 15 Advertisements Column 4
      851 15 The Straits Companies Times K*££: DIRECTORY Agencies Singapore (Buku Merah) *r MAERSK LINE EXPORT FULL CONTAINER TO: U.B. PACIFIC, GULF, ATLANTIC, EAST CANADA, INLAND POINTS r M l *T 11, agaesil inm* m*h r 30/1 17/9 11/9 8/9 24/9 25/9 13/9 1/10 2/10 20/9 S/10 9/10 27/9 15/10 16/10 4/10
      851 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      406 16 VBWr. FAR EAST/EUROPE CONTAINER SERVICE From Europe 4 Mm Accapttag Far: 1) Barcelona, Genoa, 2) Amsterdam Antwerp. I Havre. Basle. UK. 3) Bremen. Bremertiawn Aarhus Copenhagen Helsinki 4) Maimo. Stockholm Oslo Europe car(o (or feeder «a S pore 'Also direct cargo tor Spore I Bangkok PH contact PERMSC P KeUng
      406 words
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      Page 16 Advertisements Column 2
      300 16 SCRAP SHIPS T I 11 =11 Send particulars to TLX: RS ***** CELL Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA MIDDLE CAST Q» WW Vl9 Mm accepbnf LCI Carfp 29/9 a/9 HE K VII 4/11 7/19 BUTT 1/1* 9/19 I«ro H 9/19 11/11 11/19 i. Ban H CONVENTIONAL SERVICES 21/19
      300 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      690 17 The Straits Steamship Group OCL Overseas Containers Limited "CONTAINERSHIP SERVICE TO UK CONTINENT lm± rp" 'Jhtai «W| tan rtm —"P 20/0 21/0 11/* 11/9 14/9 TO P OWT 2«/ i 17/1 20/1 lAWPOCI 04/1 05/9 20/9 20/9 29/9 gpa'Po i2/s M/J ts/io 17/u t/u nwiicwra i»/j 21/9 12/1# u/ie is/u
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      Page 17 Advertisements Column 2
      647 17 NOTICE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE [•j i CH FXTTTTyJ^TT With effect from Ist September, 1983, Heung-A Shipping Co. Ltd. of Korea will become a member of the above Conference, an Associate Conference of the Far Eastern Freight Conference, in order to cover their operations in
      647 words
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      Page 18 Advertisements Column 1
      714 18 EXPORTS Bha»enßdam/ It Havre Antwerp 13/9 14/9 17/9 19/9 20/9 22/9 27/9 28/9 30/9 7/10 S/10 10/10 14/10 15/10 17/10 21/10 22/10 24/10 28/10 29/10 31/10 S pore P Keten(Pen Lenoes Genoa H txir| Bilbao Rdam Bhaven iKictanen 28/8 30/8 2/9 26/9 22/9 3/10 28/9 8/10 6/10 Cardban Bay Lreeytdßar
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      Page 18 Advertisements Column 2
      446 18 INVFNTIONAI SlRnlfl To f RIISAN STOW 21 23 tut 4- 5 U# AITAB 192 C VIM INI FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 A ot the Ace Comortwn FUll Y CONTAINERISED 10 'ROM NORTH SMfRICJ I AST COAST w ihw ftttm N CanTAl 221 0. KNGHT IX 0.
      446 words
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      Page 18 Advertisements Column 3
      588 18 EVERGREEN LINE FAR EAST/FUROPF CONTAINFR SERVICE PWiWPiTTi* jV i i'iiwS EUROPF FAR f AST CONTAINFR SFRVICF FU KM AMI I HIT Ki »/7 Jl/7 l/» I/, ST. tnr tmrt i|/| i;/| j,/, ij/| 4/ f tf»u*i M/« i«/i ?I/ i n/t j|} nso *ct»T«6 cmgo to MOHBKWt. miuwt. UOSWK. HBTO.
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      Page 18 Advertisements Column 4
      1035 18 Everett Lines Burma Five Star Shipping Corpn. |Bk "BURMESE NATIONAL LINE" LOADING FOR RANGOON S'pm 23/25 Aa« 1/3 Sept PJtatan fcnanf B F S S C Agent* m Motayvo BOOSTEAD SHPP+JG TEL NOS KL 41 9044/41 7387—PKELANG *****1/8 PENANG I *****1/8 Coaquiu Arfentni Ot Ibttf kwi Mffcaitnmt* $*CIF "ARGENTINE NATIONAL
      1,035 words
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      Page 18 Advertisements Column 5
      228 18 Jt AUgUSI IV, lfM US I NOSE MARITIME PTE LTD ftSl SUN UNION LINE KARACHI SERVICE KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Sniapore PKeUnt Loadmf lor: KYOWA COSMO 29/t Lac. UM P. Hornby. Kieta. Honiara. NeNHiea, Lautoka. Suva, Papette. Pafo Suva. Papeete, Pap, *W MAMAN ULA 29/9 Wewak,
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      949 19 PIL GROUP VESSELS VOYAGE SINGAPORE LOADING FOR: HOT A PET AM E-457 2S/2 SEPT HOOEIOAH. JEDOAH. PTSUOAN, MOGADISCIO. MOMBASA HOT A MAJU E-459 2/6 SEPT MOOCIOAH, JEDOAH, ADEN KOTA SALAM E-4SI 5/10 SEPT HOOEIDAH, JEDOAH, AQASA, PORT SUDAN KOTAWMAWAN E-453 2/5 OCT HOOEIDAH, JEDOAH. AQASA KOTA PUSAKA E-455 5/7 OCT
      949 words
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      Page 19 Advertisements Column 2
      683 19 BEN LINE CONTAINERS EXPRESS com WO SERVICE TO/FROM EUROPE mum rum 10 IMUft H*Mbnr| Fiprns To»»o Say livcfpooi Bar Frankhirt tip tea Hoflfto«| tipr«» Bremen Eiprns owtoofl Bay Totuo f iprns Osaka Bar P* SPO* 20/9 23/9 29/9 30/1 4/9 J/9 12/9 12/9 19/9 20/9 27/9 27/9 4/10 4/10 11/10
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      Page 19 Advertisements Column 3
      459 19 DJAKARTA LLOYD INDONESIAN NATIONAL LINE TO MSA WEST/ EAST COAST N CULf PORTS (FUIT CONTAfOBED VESSELS) rrOK UL HOUSTON MVMOHM MITMOH KW TOW HUTU bom s a s/i */i 13/10 17/11 20/11 22/11 25/11 I AND S. KfIKA (FUUT CONTAIOBED VESSELS) TOUK/COWTUT (BM-CONTAMEMSED VESSELS) rpm mm rnmy/irn rtm NW| ta.
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      Page 19 Advertisements Column 4
      541 19 BOUSTEAD SHIPPING AGENCIES BANK LINE DEPENDENT SERVICE TO UK/CONT SPORE R'DAM HULL HMBG wybank 2 Sep 25 s«p 27 Sep 30 s«p CLYDEBANK 20 Sep 15 Oct 18 c£ 21 SS Lykes/* Lines U.S. GULF MECT SERVICE MfTM LYKQ lELMK IYKES DOLLY TIIBM fch Hrti G* S'POW tar G4T SU
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      Page 20 Advertisements Column 1
      850 20 K LINE KAWASAKI KISEN KAISHA, LTD EXPRESS CONTAINER SERVICE CANADA UNITED STATES OF AMERICA MICKOBRJDGE A MIMLAND BUDGE) none mem *i» LOB GATE MMKEI Mtai Musani mpmipouo my mdge in Q9BJM MT MUM HW 1 ATLANTIC COAST chcapo. csesewn oewlam. cm—i. mum. mttoh. oona. oeymot, a nac forrest cm, forymorth
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      Page 20 Advertisements Column 2
      308 20 Q CHAR CHING MARINE CO LTD crjjk'ii WESTCOAST FULLY fAINERISED SERVICE FEEDER VESSEL SPO* MOTHER VSI *G LREACH OAKLAND SEATTLE LIVERPOOL BAY 21 AUG CC LOS ANGELES OS SEPT 27 SEPT 21 SETT 02 OCT FWmFURT EXPRESS 31 AUG tt LONGBEACH 15 SEf 07 OCT 09 OCT 12 OCT BREMEN
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      Page 20 Advertisements Column 3
      549 20 CALFBMA/PACffK NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE l«*« to LOS AMELES SAMFBAM3SCO. SATTU. TACtBBA. VANCOUVER IC. acc*** ra/va fia,, AUSTRALIA EXPRESS CONTAINER SERVICE ftaw, «r T* ifa* ES*. r 11/1? 12/13s« as* ?to f£/2S/E r »/if£ 'f/?£ fS/SE B" a/11 Oct 1/2 Nm 14 tkn 71 lb, fnm/rn/tm NEW ZEALAND
      549 words
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      Page 20 Advertisements Column 4
      453 20 KORINS MARITIME SERVICES 114 Anaon Road. #18-01, Tunas Building Singapore 0207. Tal: *****22 A *****87 P Kalang Tal: *****1/8 RED SEA/PERSIAN GULF/MEDITERRANEAN SERVICES HANLN MASCOT.. DONG MYUN6 HAEWOONO. 2... HAEWOONO. 3... S'pore Loadhf For: Sjled Bandar Abbas .28 Auj Bandar Abbas ASIA MERCHANT MARJNH SEMI-CONTAINER SERVICE USA SERVICE PACFIC/GUIF/ATLAHTIC PORTS
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      Page 20 Advertisements Column 5
      547 20 .m-rm-t INTRASEA (PTE) LTD lEAKBULK SERVICE TO EUROPE/UK Mm *****13 J 'P" lM*|hr. JM nmm <mmd 1 M ss* Mmnr/riMvw WK-CONFDOO NODS cmtm la US* E*t Mart MraKNT RRi CONTMB SERRCE «i HJU C9ITMO SERVICE inifci F Crnri.hrnm.CMmm mi £SuEa MCCTOU IIKJSB. A. WJSB A VESSEI iKsa u M r*»
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      Page 21 Advertisements Column 1
      481 21 FAR EAST/EUROP£ FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia 0 CHEF S'pore Dosing Times: FCL Cargo LCI Cargo FROM EUROPE (VIA SUEZ) CROZE 34C N GARICT ISC.. MERCATOR 31E. K CHANCE 13E.. TWBROGf 16E K JACEJM 20E 1400 20/8 0200 20/8 TO MO FROM AUSTRALIA:
      481 words
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      Page 21 Advertisements Column 2
      410 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG BUSAN, INCHON SEMI CONTAINERISED DIRECT SERVICE TO CHITTAGONG C.HALNA. CALCUTTA 31/8 5/4 10/9 24/1 4/11 11/10 14/4/43 0800 ITOOkn at Km* Murl G*i 37/31 r<iSt »,(>«' nptun »a*cis pti no Tf» ??Mlll ***** M TUNAS TIA SON »C
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      Page 21 Advertisements Column 3
      1374 21 SINSOV SINGAPORE SOVET SHAPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Seaport 0104 Telephone Numbers *****3 (15 Lmes) Cable Address SMSOV SPIGAPORE Teter Nwnbers RS ***** RS ***** RS ***** F. KELANE PENANC M/S SMUT MM SOOM SM M. IST AND 2ND FLOOR. ICSSRS HN THONG SMPPM6 23 Wetd
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      Page 21 Advertisements Column 4
      112 21 SOON KIAT SHIPPING PTE LTD 3 Shenlon *a» *200 i #?0 06 Shenton House Sutwort 0106 Ic4 22«SM <b Iml !<*' RS3tl» SKSHP regular somas to east mmlatsm ct* no gammon NLttl kfi u/» mm am m* kn a/I M* Ma| Lw IT kn 11/t lkn/UIM/I.IM* MNtMIM Till 2/9 rWTann
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      Page 22 Advertisements Column 1
      605 22 Kc<|i»nal Container Miics 2 Sailings Weekly Reliable Regular Punctual Berthing PS A 1500 Hrs Tuesday Saturday V*SINGAPORE ISLANDS LINE MIDDLE EAST REGULAR LINER S>an PR fH far KUSU BUM) 11/20 Sap MtJt, DMMriiMi KUSU BUN) 20/22 Oct Mwto. KvkM, Kuwait, EAST MALAYSIA REGULAR LINER DSR-LIMES^^ EXPRESS SEM-CONTAMER SERVICE P RJang
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      Page 23 Advertisements Column 1
      372 23 FREIGHT MANAGEMENT PTE LTD I 111 MB ill STOUT, NELBOUMt. ADELAIDE. BRBBANE u* ran. SCAWMAMA LE HARK. ANTWERP 22/1. X/» 1/1 4/», l/J UK/CONTKNT 21/12»/». 4/9. 12/9, 19/9 CAHMM/U.S.A. 21/». 2«/«. 2J/I 21/1. 22/1, 31/1 11/J •ALSO ACCEPTBtG CARGOES FOR OTHER PORTS/DESTHATW6 ON REQUEST •AISO ACCEPTMG MBOUND CARGOES FROM THE
      372 words
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      Page 23 Advertisements Column 2
      518 23 Dubai, Dam, Bahrain CORMORANT bulk carriers /AL FAISAL SM PR loa** for Jti CORD hft Dubai, Damnum, Kuwait MAOCSTAR 11/9 15/9 Dubai. Bahrain. Damnum, Kuwait Accepthj intromit carpi to Iraq via Kuwait. MULTIPORT AGENCIES (S) PTE LTD TEL *****77 *****36 TLX HS ***** TTLSIN JKM SPLOSNA PLOVBA (YUGOSLAV) /im LOAOMG
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      Page 23 Advertisements Column 3
      87 23 HdEGH-UGLAND fin AUTO LINERS A/5 HUAL HUAL HUAL HUAL Lisita Traveller Trapper Angelita Car-Carrier/ Ro-Ro Service (1981) (1981) Built (1980) (1983) 17/9 18/9 21/9 26/9 24 8 25/8 29/8 3/9 Sailed Sailed Sailed Sailed 31/7 4/8 7/8 13/8 Amsterdam Bremerhaven Southampton Fos Port Keiartg Singapore 22/8 23/8 8/9 10/9 30/9
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      Page 23 Advertisements Column 4
      68 23 II 11.I 1 HUN NORTH T LMDI SWdCt I 0 «ST IMM K»TS kccEFTME fa/ia comfymts t maw ft* rrai iomme ameo rat reui booked IHS 01 MPKAOK/DOMU/ramßne/ i imb oci MOTS WEN CHANG SHIPPING A ENTERPRISES PTE LTO 10 ANSON ROAD, *27-14. INTERNATIONAL PLAZA, SINGAPORE 0207 111 ii —alii
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      Page 24 Advertisements Column 1
      14 24 A vessel destination Somalia ETA Singapore 20 August 1983 For booking contact Pauline *****44
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      23 24 MEMG HORNG SHIPPING PTE LTD WUUI TEL: *****47/8 VSL NAME M v "MENG HORNG" LOADING CHITTAGONG/ CALCUTTA/ MADRAS ETA 9/9/83 •Subject to inducement
      23 words
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      Page 24 Advertisements Column 3
      678 24 HEAP SENG TRADING SHIPPING PTE. LTD. 13-01, 13th Hoor, Golden Mil* Tower, Beodi Rood, Smaopore 0719. Tot: *****44 Tli R*****2 HEAPCO SINGAPORE TO NEST MALAYSIA SERVICE Vn ETA [TD Destanaton LAMGSA 23/13 22/1 23/1 P KELANG FULL-CONTAJNER SERVICE TO FT. KELAN6/PENANG Acceptanf Reefer centawers West Malaga Agent Nedlloyd EAC Agencies
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      Page 24 Advertisements Column 4
      565 24 |>otM5 BOHLER SHIPPING PTE. LTD. f 137 Market St #11-02 Bi*k at East Am lltf| S 0104 Til *****44 |3 liaatl Titu US ***** lOSNIP ATLAS LINES mkpobot soma to no from CMTTAGONG MB CHALM M SMARMED) AE-SMJM m tu TEJTtM SJN6APORE PJELAK iMGUmt FLA6) h Srt lAOESH FLAG) hal
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      Page 24 Advertisements Column 5
      402 24 T7T:t EXPRESS SERVICE TO BANGKOK EUROPE/FAR EAST LINER SERVICE vs. n* no otscM i MMKOSI NWS 21 A* 31 A« HAWRfi/lM SEA TKO 3 Sapt S Sapt HANKBG/ANT Cjrfo Baatnp tat 2243W/J. *****11 10 Aman M #22-MA MniW Plaza S pare 0207 Tdai: RS ***** (TIASM) WES PORT FREIGHT SERVICES
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  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      150 24 Regional Weather t«/ V-> Li c V.. A »1 'i \r<^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots V or Wave height Cloudy Sky Sarfaee winds an Indicated by arrows which fly with the
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