The Business Times, 10 February 1981

Microfilm: NL10904
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, FEBRUARY 11, 1181 60 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Prime rate down
      77 1 AP NEW YORK, Mon. Morgan Guaranty Trust Co, *the fifth largest bank in the US, today lowered its prime lending rate one-half percentage point to 19 per cent, the rate's lowest level in two months. Other major banks continued to keep the interest charged their most credit-worthy
      AP  -  77 words
    • Article
      Lock icon Hussein recovering
      59 1 UPI LONDON, Mon. Malaysian Prime Minister Datuk Hussein Onn, who underwent heart surgery on Saturday, is making a normal recovery, a spokesman for the Malaysian High Commissioner's Office said today. "The Prime Minister was able to leave the intensive care wing of the Harley Street clinic today," the
      UPI  -  59 words
    • Article
      Lock icon Service for Batam
      84 1 AFP JAKARTA, Mon. Indonesia's Batam island south of Singapore has from this month been included in the regular service route of a leading American Lash (lighter aboard ship) operating company. The first Lash vessel to call on the island was the 6000-ton MS William Hopper (of the
      AFP  -  84 words
    • Article
      Lock icon Gold sale
      60 1 Reuter JOHANNESBURG, Mon. South Africa sold 66,000 ounces of gold less than full production to the international market in January, Reserve Bank deputy governor Chris Stals said. He was commenting on today's South African gold holdings figures, which show a rise in total gold reserves to about 12.22
      Reuter  -  60 words
    • Article
      Lock icon Chinese atomic reactor
      72 1 UPI BEIJING, Mon. China has successfully put into operation the first Chinese-made atomic reactor in the south-western city of Chengdu, the official Xinhua News Agency said today. The agency said operation of the "large, highflux test and research atomic reactor" showed it was functioning satisfactorily and safely.
      UPI  -  72 words
    • Article
      Lock icon Manila floods
      73 1 Reuter MANILA, Mon. Floods ravaging a huge area of the southern Philippines have destroyed an estimated 45 million pesos (US$6 million) worth of rice, Agriculture Minister Arturo Tanco said today. He told government television that the flooding, which has cost at least 217 lives since the continuous heavy
      Reuter  -  73 words
    • Article
      Red tape to freedom
      52 1 TEHERAN, Mon. American freelance journalist Cynthia Dwyer was released today but prevented from leaving on a scheduled flight from Teheran airport because of a last-minute bureaucratic hitch, a Swiss diplomat said. Swiss ambassador Erik Lang said he hoped she would be flown out of Iran within
      52 words
  • Article
    Chief Price Changes
    89 1 Rises O C B C 1900 140 M Bukii 1790 110 Gantiaga 1180 110 B Bay* 756 90 Sea View 790 +80 M U I 1700 70 U I C 1000 70 O U B aoo 70 DBS .900 66 Sia Chew 030 +80 U O B
    89 words
  • Article, Illustration
    KUALA LUMPUR
    166 1 Rises MUI PMC OCBC Gen ting S Trading M Banking Tonskata U 0 Bank U Cabin B Ray a Public Bank PM Holctypg DBS Isl* Pen A Hitam (T) P Carbide 1850 1390 1720 1280 1520 1870 4B0 660 690 830 865 790 940 1090 1560 277 +130
    166 words
  • Article
    Serious drop in insurance rates
    742 1  -  FURTHER FALL EXPECTED By LEE YOKE MENG PREMIUMS in the general insurance industry have plunged way below the unofficial fixings by the General Insurance Association (GIA) of Singapore. "It's gone crazy," was how one insurer described the market. He and most others in the industry
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  • Article
    Johore Customs seizes goods
    220 1 JOHORE Customs has seized about $10 million worth of goods imported from Singapore the value of which is believed to have been under-declared at the Johore Customs checkpoint. The goods were seized from shops, godowns and lorries in Johore, Kuala Lumpur and Butterworth. Raids were still
    220 words
  • Article
    Large inflow of Chinese missions
    431 1  -  By FOO CHOY PENG SINGAPORE has been receiving a large number of Chinese trade and study missions since the signing of a Sino-Singapore trade agreement slightly more than a year ago. The Republic played host to at least 12 Chinese teams which were here either
    431 words
  • Article
    Petrol prices up again
    367 1 MAJOR oil companies are raising their petrol and diesel pump prices from today. Premium grade petrol now costs 3.5 to four cents more a litre while regular grade petrol is now higher by 2.7 to 3.2 cents. Diesel prices are up by a range of 3.8
    367 words
  • Article, Illustration
    Boon Seng yet to leave for Indonesia
    147 1 SINGAPORE'! Aaku•l», Tab Beag (*b*vr), to still la Blagaafter Ms sppitolwal to toe hv vaeut pact waa Farmer imfca—i«r Otomaa Wak retoraed to HtogSfm last November belare the geaeral eleetteaa. He haa toee retired tram peifleal Hie. Mr Taa, U, toe depaty aeeretary
    147 words
  • Article
    The Rooster alights on SES with a loud crow
    497 1  -  By BIBIANA CHOO THE Year of the Rooster started off with a furiously loud crow at the Stock Exchange of Singapore (SES) yesterday. With the mainstream of quality issues surging significantly higher on the strength of both local and overseas buying
    497 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      14 1 The Singapore's Straits Business Times World DIRECTORY at your Of Fingertips Singapore (Buku Merah)
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    • Advertisement
      Page 1 Advertisements Column 2
      48 1 FRATA NEWS NVOC SERVICE FROM MILAN, ITALY TO SINGAPORE 1. ACCEPTING LCL FCL CARGOES 2. VERY COMPETITIVE FREIGHT RATES FOR RATES BOOKING CALL TAN KAY HOCK SANDY CHIN MISSTAY LAY HUA FRATA SHIPPING PTE. LTD. Suite 801,8 th Floor, World Trade Centre, Maritime Square, Singapore 0409 Telephone: *****04
      48 words
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      Page 1 Advertisements Column 3
      75 1 SHIPPING TIMES MALAYSIA'S trade sarpWs dewn '""p 2 SMALL ctmpariw have special rele te play 5 THE ROLE «f personnel maaagemeat... I FORUM ea the URA leader FORECASTS ef market tread la the Year «f the Rinter 11 BAF mevee te attract NS aervhoemem 12 CROSSWORD I, TV AND RADIO
      75 words
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      Page 1 Advertisements Column 4
      0 1 $&(/$?(?'@)|>?,`!"]`]%&_:>\|%<+
      0 words
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      407 1 TJ SINGAPORE business FOR PEOPLE WHO MATTER The ASEAN Report Update Published by TV Asiaa Wall Street Jearmal The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within ASEAN Indonesia, Malaysia, the Philippines, Singapore and Thailand. The ASEAN
      407 words
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      Page 1 Advertisements Column 6
      3 1 See page U
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  • REGIONAL
    • Article
      Lock icon Soviet Union warns Japan against use of force
      338 2 Reuter THE dispute between Japan and the Soviet Union over ownership of four North Pacific islands grew yesterday when a Soviet general said the Red Army is ready to face Japan militarily if it tries to use force to settle the dispute.
      Reuter  -  338 words
    • Article
      Basic agreement on Asean joint projects finalised
      477 2 THE basic agreement on Asean industrial complementation has been finalised and is scheduled for signing at the eleventh Asean Economic Ministers (AEM) meeting in Indonesia in April. The AEM had directed the Asean Committee on Industry, Minerals and Energy (COEME) in October to
      477 words
    • Article, Illustration
      Lock icon OVER TROUBLED WATERS
      412 2 AP LAOS has asked through the Thai Embassy in Vientiane for "normalisation talks" in the Laotian capital. A spokesman for the Thai Foreign Ministry said Deputy Foreign Minister Arun Panupong was scheduled to meet the Laotian ambassador to Thailand late yesterday to try to reach an understanding
      AP; AP photo  -  412 words
    • Article
      Indonesia to increase oil to Thailand by 50 pc
      186 2 INDONESIA has agreed to increase its crude oil supply to Thailand by SO per cent, effective next March, Mines and Energy Minister Dr Subroto said. Speaking to reporters after signing an oil exploration and supply agreement with visiting Thai Deputy Prime
      186 words
    • Article
      KL's 8-month trade surplus down 17 pc
      503 2 MALAYSIA'S balance of trade for the first eight months of last year showed a surplus of M 54.3 billion, down 17 per cent from the same period In 1979. This Is largely because Imports in value terms grew much taster than exports, eipandlng
      503 words
    • Article
      Lock icon China warns dissidents
      306 2 UPI OFFICIAL Chinese newspapers in Beijing yesterday gave wide publicity to a Communist Party warning that dissident activists, infiltrated by remnants at the "Gang of Four", wanted to use "democracy" as cover to start another cultural revolution. The warning, which first appeared on Sunday in the party
      UPI  -  306 words
    • THE REGION IN BRIEF
      • Article
        Lock icon TOYOTA DENIAL
        398 2 Agencies TOYOTA Motor Company denied a report in the Atahi Shimbun newspaper that the company and Ford Motor Company have given up plans to create an equally owned Joint venture for car production in the United States. Toyota said it \is still assessing the plan. The newspaper reported
        Agencies  -  398 words
    • Article
      Lock icon US exports to Asia expected to rise again
      773 2 AP THE US Commerce Depart* ment predicts that US exports to Asia will rise again this year and urges American businessmen to supply high-quality consumer goods to Japan and heavy equipment for the mines and oil wells in South-east Asia. A semi-annual
      AP  -  773 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      798 2 II ARRIVALS Sendee Local Operator Number Tfaae Proa PAA PA005 0030 JEK/SFO/HKG MAS MHG01 0830 KUL CARGO CV796 0715 LUX/DXB SLA SQlfll 005 KUL MAS MHH5 0830 KUL MAS MHS21 0835 PEN RBA BI427 0930 BWN SLA SQZU 1000 HLP CAL CB14 1000 HLP SLA SQ103 1000
      798 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      234 2 Honeywell General Manager MCSIII4O Honeywsl Pte Limited, Information Systems Division, a subsidiary of Honeywsl Inc. USA wfrich is one of the world's leading manufacturers of computers, wishes to appoint a General Manager for its Singapore operations. He wi report to the Managing Director, South East Asia, and assume complete iilMMiißtyforal
      234 words
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  • OVERSEAS
    • Article
      Lock icon Moscow slams US for trying to dominate world
      430 3 UPI MOSCOW has launched a triple attack on the Reagan Administration's military, diplomatic and economic policies, charging the US is trying to impose its will on the entire world. Pravada, in a commentary on Sunday condemning the US for intensifying the arms
      UPI  -  430 words
    • Article
      Lock icon Sadat to declare support for EEC initiative
      338 3 UPI PRESIDENT Anwar Sadat arrived in Luxembourg yesterday to address the European parliament and declare support for a European Economic Community initiative to promote a peaceful solution of the Arab-Israeli condiet. Israel, apparently seeking to -torpedo Mr Sadat's trip, letted a dispatch filed
      UPI  -  338 words
    • Article
      Lock icon IRAN LACKS EQUIPMENT TO END WAR QUICKLY
      157 3 Reuter IRANIAN President Abolhassan Bani-Sadr said on Sunday Iran's armed farces lacked the equipment to mount a brief and decisive offensive against Iraq. But he said he believed Iraq feared an extended war. The President said in an interview on the progress of
      Reuter  -  157 words
    • Article
      Lock icon Growth in private holdings stabilises silver market
      249 3 Reuter THE boom and collapse in silver prices which disrupted metal markets in 1980 is unlikely to occur again, an economic research group said yesterday. A rapid growth in private holdings of silver following last year's roller-coaster price movements has brought greater stability
      Reuter  -  249 words
    • Article
      Lock icon EEC-US trade talks to focus on textiles
      167 3 Reuter THE European Economic Community (EEC) and the United States began two days of trade talks in Washington yesterday. Trade relations between the two were considerably improved by President Reagan's decision to lift price controls on domestically produced oil. The EEC has long
      Reuter  -  167 words
    • Article
      Lock icon Talks to avert strikes fail
      608 3 TENSION MOUNTING AP THE POLISH government and trade union negotiators have suspended efforts to avert a general strike in the south-western city of Jelenia Gorm. A spokesman for Solidarity said yesterday the strike would be carried out immediately but it would be limited to the
      AP  -  608 words
    • WORLD IN BRIEF
      • Article
        Lock icon IRAN FREES DWYER
        383 3 Agencies AMERICAN free-lance journalist Cynthia Dwyer, known as the "53rd hostage," left Iran yesterday on a flight bound for London. The departure of the mother of three came one day after a revolutionary court found her guilty of spying but commuted her sentence to the nine months
        Agencies  -  383 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      122 3 A Horse Called Nijinsky S V TiHl Homa Emertwrvmem wnl now put you ana up ttia Chana, Tana or Lima wnti thair widaat and Maat ranga of *Mao caaaattsa A ranga that. guarantaad to glua you to your Mat in rivaling Kiapanaa awoka o»arflow»n amotion* or tickla you into notoua
      122 words
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      Page 3 Advertisements Column 2
      150 3 ■p £^§S» V .JTI ■V it 'f A mp > rk,-k wmrm& K^t V H v «*V K t tJgg I *1* (T, *> *"t> I iW 2Fw rWS* u* r-'-y- W P.i T&W V -nlfte •{ru^ni* •C A Z>V- r.- r f .•a I 1* *r V i m
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  • RAW MATERIALS
    • Article
      Malaysian labour shortage
      591 4 AN IN-DEPTH study on the labour shortages in rubber and oil palm estates in Malaysia being undertaken by the Rubber Research Institute will be completed by the middle of this year. According to the primary industries minister, Datuk Leong Khee Seoog, the study will ascertain whether the
      591 words
    • Article
      RUBBER
      208 4 THE Singapore market yesterday closed slight lower with February One RSS buyers quoted at 278.00 cents a kilo, down 3.75 cents from last Tuesday's close, dealers said. Morning prices were marked down about 2.75 cents on lack of support, speculative selling and some February liquidation, they said. Afternoon prices
      208 words
    • Article
      RAS PRICES
      322 4 RAS prices In cents per kilo yesterday: 1 toon Cloae (per Ulo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 277.30 278JON 276.00 277 OON Int. 1 R.S.S February 279.30 280.00 278.00 278.50 Int. 1 R.S.S. March 284.00 284.50 282.50 ***** Int. 2 R.S.S. 263
      322 words
    • Article
      SSR and SMR
      105 4 NOON SSI 11 and SMR pricaa yal larday BA8 ratnin (Carraal MUI ■am (forward Mlk) SSR20 SSR 50 MRKLB (l-(oo pattat) (l-ioa pallatl nayara 144 -50 I41O0 I4U0N *****N Boyara MA 00 ***** 24ft 00 N 244SON SMRCV SMRL SMR 5 SMRGP SMR 10 SMR» SMR SO
      105 words
    • Article
      Straits Tin
      81 4 THE STRAITS tta price 1b Pmm| yesterday fell 18 cents to a Idle, bat wbb still within the litwiatlml Tlb Agreement's middle raage price ef $3MI to $32.74, dealers said. lie tall was maialy attrl bated to sterttag weakness if**—* the Malaysiaa dollar, while a lack ef baying
      81 words
    • Article
      CLOSING PRICES
      35 4 Rubber; Feb 9 Singapore: February: 278.00 centa (down 3.75 centa) Malay ain: February: 299.50 cents (down 3.50 cents) Tin: M 530.45 per kilo (down 15 cents) Official offering: 131 tonnea (up 51 tonnea)
      35 words
    • Article
      Malaysian duty rates
      87 4 THE Malaysian Minister of Finance has fixed these rates for the period from last week until further notice: Rubber: 304 V« cents a kilo for RSS One; Copra: MJ79O 00 a tonne; -Pala kernel: 3955.73 a tonne; WMto pepper: $3*0117 a tonne* Black pepper: $2,629.00 a tonne;
      87 words
    • Article
      Produce exchange
      172 4 CHINESE Pndiee Exekaage, Btagtptn, pi—lag prim per 199 kg CtMMt all: Bulk fob (129 00 sellers, old drum (in second hand drum) fob $139 00 sellers, new drum fob $145 00 sellers. Cspva: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $432.50 sellers, Sarawak white
      172 words
    • Article
      RICE
      230 4 SINGAPORE: Yesterday's closing prices in SI per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.17, 100 per cent second class 0.97, 100 per cent third class 0.95, 25 per cent new crop no stock, B-10 per cent 0.85. THAI BROKEN: A-super 0.77, Special 0.75.
      230 words
    • Article
      Lock icon Supply deficits of silver unlikely to re-emerge
      224 4 Reuter SILVER supply deficits of the pest are unlikely to reemerge in the next five years, Commodities Research Unit Ltd (CRU) said in a market summary. A spokesman far CRU declined to give any estimates contained in the study for consumption or supplies,
      Reuter  -  224 words
    • Article
      LONDON MARKETS
      879 4 COFFEE: Robusta futures yesterday closed the morning narrowly mixed. Prices showed movements of not more than £2 a tonne either side of Friday's close. There were no trades during the final call and overall volume was 203 lots including two options. Dealers reported a generally quiet start to
      879 words
    • Article
      PALM OIL
      133 4 THE Kuala Lumpur market yesterday was higher on short-covering lor nearby positions in light trading, with most operators still out of the market after the long holiday, dealers said. February in the central region was traded MHO higher to $1,010 a tonne and in the south k rose
      133 words
  • ASIAN STOCKS
    • Article
      Share prices fall substantially
      505 4 TOKYO SHARE prices yesterday lost ground substantially on scattered profit-tak-ing over a broad front in quiet trading due to a lack of fresh factors, dealers said. The market average fell 25.06 to 7,239.90 with volume 230 million shares. The Tokyo Stock Exchange index ended at 506.96,
      505 words
    • Article
      Sydney
      323 4 STRONGER overseas buying, higher gold prices, an oil strike in the Cooper Basin and bargain-hunting by investors who believe the market is rising again, contributed to a bullish, moderately active session, traders said. The Australian all-ordi-naries index rose 6.9 points, with BHP up 30 cents to A 113.80 and
      323 words
    • Article
      Bangkok
      252 4 STOCKS yesterday closed mixed in sluggish trading, dealers said. Jalaprathan Cement rose one baht to 116, Dusit Thani gained one to 184, First Trust (ell OJSO to 67, while Mah Boonkrong Drying and Silo and United Flour Mill closed unchanged at 176 and 162 baht respectively. FEB 08 Bant*
      252 words
    • Article
      Manila
      130 4 STOCKS yesterday closed steady with turnover rising slightly to 2.1 mfflioo pent from last Friday's 2.2 million, dealers said. Lepanto 'B\ Basic Petroleum, Phil Overseas rose, while others were unchanged or untraded. FEB oa Peso* Acoje Mtnlnf too ♦MOM Alias Con A Alias Con. B. Baculo OoM *JS M
      130 words
    • Article
      Selected indices
      35 4 •4 H K.HANG SENG Monday 1835.14 Friday dowd Week Ago MOTTO AUSTRALIAN INDUSTRIALS Monday Mil Friday 861 II Week Ago ABA J ALL ORDINARIES Monday Friday W Week Age Ml J J L«
      35 words
    • Article
      Lock icon Hongkong
      307 4 Source: THE market yesterday opened strong after the long holiday weekend. Buyers were encouraged by the reduction in the broker loan rate in the US and by the spending cuts proposed by the Reagan adminstratkm. Sellers came out by midmorning as many speculators sold shares that they bought last
      Source:  -  307 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      188 4 rj ;-k r Si 58 VrHbf u -s H( 3 vrs •j'. hk3 i\ :> 1 ?W» £|f 5 <' A v>-» fr'i* >r vt r Vyfi 4b» xsm SKvS? 'Ti >' F® «i" m ,a*» *'l! V 114 ifirf l»J»»» a. Lai Lai Shangri-La promises to be a total
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Improving efficiency of sewage works
      151 5 ->,iAN Australian engineering Company has developed a 'device to help raise efficienJ, ey in sewage treatment plants. The device, called Comminutor, breaks up coarse "solids in raw sewage as enter the treatment plant or pumping station. ensures that pipes are i.-oot blocked and enables the
      151 words
    • Article
      Aid for ventures with Canadians
      258 5  -  By JUNE LIM THE Canadian Development Agency, Cida, has fcegun a scheme to promote joint ventures between industrial companies bf Asia and Canada. Under the scheme, called the Industrial Cooperation Programme, Singapore industrialists who are interested in joint ventures with Canadians can get in touch
      258 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      110 5 FIRST National Bank of Chicago has appointed Blehari Stahl general manager of the Singapore branch. Mr Stahl also holds the title of vice-presi-dent. In addition to his responsibilities in running the bank's Singapore operations, he will be responsible for business developflaent and promotion of the Rank's services
      110 words
    • Article
      Promoting trade between Asean and US
      180 5 KANSAS State University's annual international trade conference will focus on Asean this year. Four of the five ambassadors from Asean countries, including Singapore's ambassador Punch Coomaraswamy, have agreed to address the seventh conference on trade opportunities in their countries. About 100 manufacturers from eight
      180 words
    • Article
      Callaghan lecture
      64 5 FORMER British Prime Minister James Callaghan will give a lecture on Britain and Europe's world roles' on Friday at the Kent Ridge Campus of the National University of Singapore. The lecture will be chaired by the university's vicechancellor and Minister for Education, Dr Tony Tan. Members of the
      64 words
    • Article
      TRADE TALK
      170 5 JOSEPH Gustine, owner of Sam's Pizza and Sub Shop Corporation in Philadelphia, US is in Singapore to conduct training for the staff of Sam's Hoagies restaurant which opened on Sunday. An independently-man-aged local company, Sam's Hoagies operates in agreement and consultation with Gustine's company which provides the recipe,
      170 words
    • Article, Illustration
      Small companies have special role to play
      552 5  -  By RICHARD SEAH SMALL industries have a special iple in the development of an integrated economy and they should be encouraged as much as multi-national corporations. This is the view of Sigvard Tomner, director general of the National Swedish Board for Technical Development.
      552 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      32 5 A w Vm new *i**fSf*TATtVf to* SOUTH (AST ASIA STIHL(S.E.A.)PTE LTD Unit 1003, 10th Floor, Tan Boon Liat Building, Oufram Road, Singapore 0316 Tel: *****47 (3 Lines) Cable: STIHLSEA Telex RS *****
      32 words
    • Advertisement
      Page 5 Advertisements Column 2
      867 5 Ihtheareofmkro-circuitsandever-&lvancrimtechnokOT,whenlßMdesigned the new Displaywriter system, they started with something completely different: People. t £>l v... -y -4 J-% v Now in Singapore, the IBM Displaywriter system. rpUp The Displaywnter is A 1C hke a dream. Typing Tvnict drafts are so sim pi e jf the boss wants to change something,
      867 words
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  • Article
    Self-discipline is the answer
    423 6 CUT-RATE prices may be the mainstay of some sectors of the retail industry, but it is surely not a strategy that the insurance industry can afford to adopt. Having paper-thin margin is acceptable business practice for hypermarkets and bargain basements about town they make up for
    423 words
  • Article
    Reasons enough to be optimistic
    317 6 THE ABILITY to forecast accurately is a skill we all wish we bad. Governments, international agencies, multinationals and all kinds of organisations spend millions of dollars each year employing economists, model-builders and computers to forecast the outlook for the coming year. They are, at their
    317 words
  • Article, Illustration
    Personnel management
    1476 6  -  The union is half of the arc that bridges the gap between the interests of workers and management. The other half is left to personnel management. What then is the role of personnel management? FONG MEW LENG, on this page and on Page 7, examines the issue from
    1,476 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      543 6 CRYPTIC PUZZLE ACROSS A high and growing, popular turn-out! (<) Sweetheart song (4, 4) A knotty situation to get into (I) Shouts and weeps (5) Life-support contraption (4) Destroy some weak, illusory idea (4) Petrol fumes are too much (or him (4) Uncle overseas (3) Song of a duellist, outwardly?
      543 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      22 6 BrlStDVV':Rani<:l>:cieiiS HfrME. p> N>ce HOUDPty p U)W*CH DO fou URMT FISSTgooo NPpjs oc. The. fcftD retJS oc or VOUPRV SNftPS CP>me out.
      22 words
    • Miscellaneous
      Page 6 Miscellaneous Column 3
      539 6 MUSICAL TREAT i be s 5 a a Z 3 f X I tz 5 t HF^ 3C SINGAPORE 5 3.00 PM Opining fdbwtd by The Yen* And The Restless 325 Weekend Variety (Chinese) (r) 4.15 Dfary Of Everts 4.20 Afternoon MatMe The Second Greatest Sex 5.50 Cartoon Selection! 6.10
      539 words
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  • Article, Illustration
    UPGRADING NEEDED
    1124 7 IN THE FIFTIES and the sixties, the personnel manager's role was to combat and negotiate with left-wing union leaders who were intent on showing their political might through their control of the labour movement. The enactment of the Industrial Relations Act in 1968 spelt out the prerogatives of
    1,124 words
  • Article, Illustration
    Working hand in hand with the unions
    965 7 WORKERS, quite naturally, look at the role of management from a different perspective. Management has a heavy responsibility towards shareholders' returns. However, it is no longer sufficient to treat workers on the basis of "a fair day's wage for a fair day's labour".
    965 words
  • Article
    Side effects of URA sales antidote
    884 7  -  FORUM with AGNES WEE TENDERING in the Urban Redevelopment Authority's sale of sites programme has been likened to buying a lottery ticket. Except that, in this case, luck plays a very small role. Instead, the chances of winning depend on the size of the
    884 words
  • Article
    STRAWS IN THE WIND
    235 7 EVEN over Chinese New Year one would expect basic good service in a pricey hotel. The Sheraton appears to think it unnecessary. Went to its coffee shop on the evening of the second day and being conscious that staffing might be tight, settled for two Western
    235 words
  • Article
    Speculation in the property market
    1422 7 Letter to the Editor Dear 8k, The warning of a very steep Increase in the prices for HUDC Oats is a big blow to the middle income group. It is true that construction costs have spiralled due to the property boom in the private sector.
    1,422 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon CANADIAN INTEREST
      300 8 Reuter •BELGIUM'S Petrofina Oil •"Group has concluded a deal ito sell its Canadian subsidi- ary to the Canadian state--j«wned Petro-Canada. It will be the first big purchase by Petro-Canada Under a policy for the "Ca--nadianisation" of energy resources ordered by Prime Minister Pierre Trudeau. .The Ottawa government ;«eeks
      Reuter  -  300 words
    • Article
      Lock icon Downturn at Phillips
      120 8 Reuter THE per eeat decline la Phillips PeMeu'i (earth quarter evilap m the resalt ef sharply higher ezpleratlsa ezpeaiei, die largely to dry Me eeate, redaeed sales d chemicals aad carreacy traaalattoa The eempaay Mid Its fearth qaartor earalags deettaed to UBSSF7 milltoa er $1.89 a share,
      Reuter  -  120 words
    • Article
      Lock icon Sanyo anticipates record sales and profits
      231 8 Reuter. SANYO Electric expects to have excellent business this year with record sales and profits. Company president Kaoru lue said after tax profit for the current year ending Nov 30 will rise 13.5 per cent to a record 24 billion yen from 21.15 billion
      Reuter.  -  231 words
    • Article
      Losses at McDonnell...
      368 8 PRE-TAX losses on commercial aircraft at McDonnell Douglas widened to US$l44 million last year from 156 million in 1979. The company attributed the larger loss to higher than anticipated development and production co6ts associated with introduction of its DC-9 super 80 airliner. The 40 DC-10s delivered in
      368 words
    • Article
      .. AND AT LOCKHEED
      190 8 AND AT LOCKHEED LOCKHEED attributed the decline in its 1980 net income to excess production costs for the L-1011 Jetliner and higher interest expense. The company noted that in the second quarter US$7O million of excess L-1011 costs were charged to earnings reflecting production and supplier problems incurred because of
      190 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      166 8 </~,*("~.~*?(&:$$%/.{-{@^\>%]$@ w #> w Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holiday-eves). For full details of the 50% DISCOUNT OFFER, JSKL call Apollo Sentosa Reservation Centre J el:
      166 words
    • Advertisement
      Page 8 Advertisements Column 2
      184 8 lubertug (Still For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday Si;» :>(» 10' i service charge 3' < cess .Javanese Rijstafel Saturday Sunday SIT.ftO 10', service charge 3' cess For reservations call 737%77 J 4*III I I l'\ I *>ll*k SIHTIIIUII S3 TRADITIONAL YU
      184 words
    • Advertisement
      Page 8 Advertisements Column 3
      179 8 See Page 4 for Asian stocks Everything's here at the Mirabelle V* i-' snfcw/s Pti v.. (SefT r* •flSr! bW All the ingredients for an enchanted evening are here Superb Continental cuisine and choicest vintage wines. In an elegant and romantic atmosphere complete with candlelight and strolling minstrels And service
      179 words
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      Page 8 Advertisements Column 4
      145 8 ***** Inn Of Happiness Now open at the Hilton Dine Cantonese style. Dine Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. ftfiM HUVON NTtRNATIONAb
      145 words
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      Page 8 Advertisements Column 5
      137 8 > Tf i» t* 5 ss; v. <■ The Dragon Palace Restaurant« where you can dine in regal splendour and dance to the mellow Bounds of yeiter/uai with The ZodiacSpacious enough lo accommodate 460 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome' Cockpit MtM O* ley
      137 words
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  • BANKING AND FINANCE
    • Article
      Lock icon MANILA GETS TWO LOANS
      142 9 AFP THE PHILIPPINE government obtained two different loans last week imwinHng to US$3OO million which would be used to finance local Industrial projects. The first loan involving $200 million was signed in New York by the newlydesignated governor of the Philippine Central Bank Jaime Laya and
      AFP  -  142 words
    • Article
      Lock icon Bundespost offering postponed
      151 9 Reuter THE DEUTSCHE Bundespost loan scheduled for yesterday has been postponed until Thursday, partly because of the current weakness of the domestic bond market. The market was particularly weak last Friday, with Public Authority Paper losing up to two full points, although Bundesbank open market intervention in
      Reuter  -  151 words
    • Article
      Daiwa's FRCD issue
      87 9 THE SINGAPORE hraaeh ef Dalwa Bank yesterday Mgned an agreeaaeat tar tte secend series of threeyear flantlaa rate tif IWn>i« ef iepsslt (FBCDs). The PSfe» mflßan issne wfll he lead-managed hy fHi|H|irr Nemara Mnrrhsaf with CMtt Lysnnala, Stapfwe and Daiwa Overseas Finance Ltd aa managers. The FYCDa,
      87 words
    • Article
      Lock icon Sixteen offer help to Thailand PWO
      253 9 Bangkok Post THE SIXTEEN commercial banks in Thailand, which are members of the Thai Bankers Association, have agreed to provide a huge loan of five billion baht to the Thai Commerce Ministry's Public Warehouse Organisation (PWO). Commerce Minister Punnamee Punsri said that the loan,
      Bangkok Post  -  253 words
    • Article
      ERRATIC POUND
      516 9 STERLING can be expected to move erratically in the near term, following speculation that the BritUh Minimum Lending Rate (MLR) ■ay be cut when the fiscal MB budget is announced on March 10. After having traded above the US$3.4O level for most of the new year, sterling weakened
      516 words
    • Article
      Lock icon Sweetener in the bond market
      682 9 NYT. STUNG by the heavy losses experienced over four years at sliding bond prices, few investors are willing to make commitments for new long-term issues without an escape hatch. Recognising a need, Wall Street is becoming adept at structuring new bond issues to serve this
      NYT.  -  682 words
    • Article
      Lock icon Lower PLR expected
      517 9 Reuter A DECLINE in the US prime rate is possible as early as this week, as a result of the easing in the cost of funds for banks, money market analysts said. On Jan 30, Citibank lowered its rata to 19 V* per cent, and other banks
      Reuter  -  517 words
    • Article
      Documentary credits study
      364 9  -  By ALVIN TAY MR BERNARD WHEBLE, of the International Chamber of Commerce (ICC) Commission on Banking Technique and Practice, will be in Singapore to conduct two programmes on documentary credits. The first, a two-day workshop, will start on Thursday. Mr Wheble will djantss problems relating to documentary
      364 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        448 9 THE foreign exchange market was steady and quiet yesterday with the US dollar registering negligible changes against major currencies. The dollar opened in Tokyo at 303.00/80 and closed at 303.75/85 there. In the local market, it eased off somewhat to dose at 303.40/50. Against the deutschemark, it opened
        448 words
      • Article
        PLR
        22 9 THE average rate at which major Singapore banks are currently prepared to lead to their best customers is 14.5 per cent.
        22 words
      • Article
        Tokyo
        100 9 THE dollar (or overnight delivery yesterday cloaed at 204.20 yen, compared with a 203.60 opening and a 203.40/ 70 clow in New York and ***** here last Friday, dealers said. Trading was thin, with volume USTOB million. The dollar firmed briefly to the day's high 204.35 yen Just before
        100 words
      • Article
        Frankfurt
        1 9
        1 words
      • Article
        ASIAN $
        178 9 ASIAN ASIAN currency deposit Interbank rates as at close on Feb 0 sr-«r 7 days IS* 15 1 month 17I/M 161 vie 2 months nvt IT 3 months 17% n* 6 months 16V, 18H months 161/16 15 15/16 12 months IS 15/16 IS 13/16 hrM Das. finuu flii 11 1
        178 words
      • Article
        Discount
        45 9 RANGE of prices oflei red by discount houses on FM> t: Overnight r Call deporttt: •'«<* to 7'.* CUu ■■ytai 3-month 8*0kf Treasury bills 7 •H 3- month Bank bills U Wt 3 months CD US US 6 months CD Ull/HlUt Source: National Discount Co
        45 words
      • Article
        LONDON
        237 9 THE dollar eaaed in early trading here after reaching highs of around 2.1550 marks in but the outlook for the US currency remains basin Tly bullish, dealers said. It opened here at 2.13K/ 1410 marks compared with a New York cloae on Friday of 2.1340/70 marks. The dollar waa
        237 words
      • Article
        GOLD
        245 9 SINGAPORE gold futures yesterday closed darpty higher compared with last Tuesday's closing levels In light trading, dealers said. Trading on the g t*p* gold futures was suspended for oae hour yesterday morning as prices opened US$25 per troy ounce higher than the previous rinsing on Feb 3. The local
        245 words
      • Article
        Silver quotes
        31 9 U*B S > Zurich 1JJBB —B UJB -8 I Mm tot awpgn UJB -B •>» Q*latpr a troy ana 11 906 —8 toM la US dollars Bt. Source: Credit Suisse, S'pore.
        31 words
      • Article
        Hongkong
        43 9 Banknote rales yestefdaj: "V US 5J8/5JQ w V UK 1U5/12.C Burma 1J0/1J0 J* India C.00/U0 1 Tnrtonwto 0.75/0 J5 1 Japan 2J0/2.00 Korea 0.10/0 JO 4 Philippine* OJ5/O.C7 Singapore 2.53/1.55 Si -2JB/2J7 Brunei Z.O/2.C Thailand SJO/S.OO V •s Taiwan 13.« 13 60
        43 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      339 9 FEBRUARY 1981 U.S. $75,000,000 Bank of Tokyo (Curasao) Holding N.V. (Incorporated with Limited liability in the Netherimdt Antilles) Guaranteed Floating Rate Notes Due 1991 Unconditionally and irrevocably guaranteed as to payment of principal and interest by The Bank of Tokyo, Ltd. (Kabushiki Kaisha Tokyo Ginko) (Incorporated with limited liability in
      339 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1506 10 BID and offer prices officially listed and business in and reported to the Stock Exchange erf Singapore yesterday with the number at shares traded shown in brackets in lots erf 1,000 units, unless otherwise specified. SBCTION ON* INDUSTRIAL COMMERCIAL Acmi (3.308) BM
    1,506 words
  • Article
    Unit trusts
    152 10 BWAI^Wffiy The Commerce 3.83 The Savtncs Fund 211 S pare Prof Fund 161 S pore Sac. Fund in S'pore Invest Fund 2.27 S pore Equity Fund 153 JOT kit) 4 03 227 1M 2.55 2JI id asia unit nun (Mni|n i' prteaa hr Pat Mai Invest Fund IN
    152 words
  • Article
    SHARE INFORMATION SERVICE
    2608 10 I960 Hick Low Coapaaj Last Sale +orGr>s Div Div Crr Gr*s rw Net P/E Vol (•OOO) Day High Low SECTION ONE INDUSTRIAL A COMMERCIAL 372 300 237 430 152 352 845 408 810 345 330 118 138 303* 80 375 348* 187 286 Acma Alcorn Allied Choc
    2,608 words
  • Article
    In Kuala Lumpur
    2073 10 BID and offer price* officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of «hares traded shown in brackets in lots of 1,000 unite, unless otherwise specified. INDCJBTBIAL* AIM <3 008 3.IQS) (1) 3.00 (1) 3.00 AMD (1445) (12)
    2,073 words
  • Article
    COMPANY MEETINGS
    79 10 THE New Strata TIm Prna (Mah|rii) MM: AGM to be held in the Theatrette of the Company, Balai Berita, 31 Jalan Riong, Kuala Lumpur on Feb 14 at 11 am. MAGNUM Carpsrattaa Berhad: BOGM to be held at Magnum House, 111 (1st Floor), Jalan Pudu, Kuala Lumpur on
    79 words
  • Article, Illustration
    Bears look as bulls go wild
    357 10 BUIXB UNLEASHED their tall tary at the Ammhc Stock Fiffcwge yesterday m mm ui ill git tarttaa tovalved to the MMilot'e At hem wen iMierijf m^mi'at'wtoJT 6 Jtose pttoaa me. Ttoee hMWUn'!'!! n'sTpetato'to mU'SSe tartoer Ml potato to the widely faUawed market kathM Mgk
    357 words
  • Article
    Strong buying support
    438 10 THE Kuala Lumpur stock market took off to a rauMtng start in the Year of the Rooater m strong buying support swept through the trading floor. Share pricea were pushed up substantially in an extremely bullish MMMstoa which saw the day's turnover swelling to a record 13.317
    438 words
  • LATEST RESULTS
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  • COMPANY NEWS
    • Article
      Bullish factors still prevail
      387 11  -  By TENG JEE HUM A REVIEW of our stock market's performance over the last Lunar New Year shows that investors have done exceedingly well. Convenience being the main reason for the choice of the group of six Straits Times indices to represent the market, the hotel
      387 words
    • Article
      Cock and Bull pact
      566 11  -  By THE CITY EDITOR THE year of the Monkey generally lived up to the best expectations of local stock market investors. The Monkey entered the arena on a tricky note in midFebruary when the market was skidding down to test the 450 level on the Straits
      566 words
    • Article, Illustration
      THIS YEAR'S FORECASTERS
      342 11 MB David Yap, bead of the corporate finance and investment department of the Overseas Union Bank, is concurrently also manager of OUB-Montagu Investment Management. He holds a Bachelor of Arts degree from the University of Singapore and a Masters in Business Management from the Asian Institute of
      342 words
    • Article
      Challenge for fund managers
      356 11  -  By DAVID L T. YAP THE year 1981 is expected to be very r4*»iW{Hn g year far fund managers. The important issues expected to dominate and Influence investment decisions are policies related to energy and defence, and the economic performance of the major industrialised countries. The
      356 words
    • Article
      Property shares not over-valued
      362 11  -  By LIM SWE GUAN WHILE concurring with most analysts that investors in the Singapore stock market have to exercise caution currently, I differ with others on the view that property shares in general, and Singapore Land in particular, are over-valued. Prime commercial land in the Central
      362 words
    • Article
      A series of new highs expected
      253 11  -  By JCA ANALYSTS THE Singapore stock market should move to a new all-time record high. Indeed, «e expect H to make a series of new high* during the early part of the Tear of the Rooster, but we urge all reader* to be particularly
      253 words
    • Article
      Investors cautioned
      660 11  -  By TANG WEE LOKE THE Year of the Rooster will probably see the market continue to rise, getting its vitality from hot, attractive special situations and asset revaluations. Other contributors to this page would have discussed at length the macro-aspects of the economic situations of both Singapore and
      660 words
    • Article
      Along growth centres
      351 11  -  By DENNIS SEE WHILE it would be overoptimistic to expect the market to put up a irimibtr performance as that of last year's, there are still opportunities to "crow" about in the new year. However, with the main market indices at record levels or near about and
      351 words
    • Article
      Better buys elsewhere
      604 11  -  By DEREK K. F. LIEW AS I write this, four days before the Tear of the Monkey give* way to the Rooster, the Singapore stock market stands at its highest ever level in a history dating back to the mid-*****. There has never been as long and
      604 words
    • Article
      At take-off point
      628 11  -  By J M SASSOON CO WE ARE currently in the midst of the biggest bull market yet in the history of the local stock exchanges. We made a comparative study of net P-E ratios of a selection of market leaders at the peak of the boom market
      628 words
    • Article
      Uncertain outlook
      875 11  -  By CHIANG WEE TIONG TO MANY investors and businessmen, tte year 1900 Is best forgotten (or Its record Interest rates, soaring Inflation and tight credit squeeze. For others, it was a year in which the world's major stock markets had their lengthy bull run. Few would disagree when
      875 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      166 11 THE NPPON CREDIT BANK (CURACAO) FVMNCE N.V. U. 5.330,000,000 Guaranteed Floating Rot* Notes Dim 1987 Payment of the principal of, and interest on, the Notes is unconditionaly and irrevocably guaranteed by THE NIPPON CREDIT BANK LTD. (KabusHki Koaha Nippon Saaken Shinyo Gmko) A TTT*" t T'TSn*'* wv pnbonk. N.A. doted
      166 words
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  • Article
    Lock icon Urgent appeals for unity
    414 12 NON-ALIGNED MEETING Reuter THE Non-Aligned Foreign Ministers Conference opened in New Delhi yesterday with urgent appeals for unity amid widespread division over major international issues. In a keynote opening address, Prime Minister Indira Gandhi at India blamed the big powers for using economic and military blandishments
    Reuter  -  414 words
  • Article
    Lock icon Detained Iranian students prefer to stay in jail
    182 12 Reuter SOME 191 Iranian students detained since last Tuesday after a. demonstration at their country's embassy in Manila were ordered temporarily released yesterday, but they vowed to stay in jail on hunger strike until nine colleagues are also freed. Immigration Commisioner Edmundo
    Reuter  -  182 words
  • Article
    Lock icon Rally to express opposition against Suharto
    183 12 AP MORE THAN 1,000 militant students from the Bandnng Institute of Technology in West Java held a rally yesterday to their opposition against the government of President Suharto. The students carried banners and bung posters calling on Mr Suharto step down. One poster warned:
    AP  -  183 words
  • Article
    Lock icon SURVEY ON PAHANG'S MINERAL POTENTIAL
    98 12 Reuter ASSAYS of core samples from drilling have shown encouraging results for copper, silver and molybdenum in Pahang. The Malaysian Minister for Primary Industries, Mr Paul Leong, said this after discussions with geologists, who had done a survey to evaluate the potential of deposits discovered
    Reuter  -  98 words
  • Article
    Jobs awaiting NS personnel who sign on
    282 12 IN A MOVE to encourage good national servicemen to sign on as regulars, certain appointments in the civil service and the statutory boards will be reserved for them after they have served a number of years in the Singapore Armed Forces (SAF). This
    282 words
  • Article
    Interlinked records system to be set up
    240 12 THE personal records of Singapore residents, Immigration records, police operations and police administrative records will be inter-linked with the computerisation of the Ministry of Home Affairs. The four inter-linked systems have been recommended by a systems study team. One subsystem will come into
    240 words
  • Article
    LONDON STOCKS
    786 12 LONDON, Moo. The new Three Week* account wu off to a dull start today and though the undertone in equities was flnn, prices were narrowly mixed. At 3pm, the Financial Times index was up half a point at 480.8, depressed by a number of constituents trading ex-dividend today.
    786 words
  • Article
    Lock icon Dow Jones higher
    88 12 AP NEW YORK. Moo. Stock prices row this morning u Morgan Guaranty Bank, America's fifth largest, lowered its prime lending rate to 19 per cent, its lowest level in two months. The Dow Jones average of 30 industrial stocks rose 3.16 points to 965.46, with advances holding
    AP  -  88 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      74 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 7th February, 1983 of: THE INDUSTRIAL BANK OF JAPAN LIMITED Tower IXI, DBS Building Shenton Way. Singapore 0106 We hereby certify that the rate of interest payable on the above-mentioned Certificates of Deposit for the Interest
      74 words
    • Advertisement
      Page 12 Advertisements Column 2
      508 12 DIETHELM FOR THE RIGHT SUPPORT IN YOUR BUSINESS V V New Swiss Line 2000 Chair Series Diethelm presents the new generation ot office chairs for the '80s. Based on an elegant design concept and advanced chair technology, the distinguished features are aesthetically impressive and lend on aura of prestige to
      508 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      60 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair and windy. Report for U hew prter fo 7J9 p.m. m Feb at the alrpert. Maximum temperature 31.9 Associated humidity 58 Minimum temperature 22.8 Associated humidity 95 Hours of sunshine 10.20 Rainfall in millimetres nil Total rainfall for
      60 words
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  • SHIPPING TIMES
    • Article
      Far East yard to open next year
      209 13 THE latest shiprepair facility in the Far East, the US$92 million Philippine Shipyard and Engineering Corporation's Subic Shiprepair Yard (Philseco), is -•«xpected to dry dock its first JUeasel in 12 months time. —m The yard is a joint-ven-■JJuie between the Philippine through the
      209 words
    • Article, Illustration
      PIL to enter container trade in early March
      697 13  -  By JAN LEE PACIFIC International Lines (PIL), Singapore's largest private shipowner, will start a full container service to the Red Sea in early March. Initially, the line will use a chartered container ship, the Ranger, to provide a sailing once every five
      697 words
    • PORTSIDES
      • Article
        Lock icon Two-day walkout
        90 13 AFP THE Sealink Ferry Service to Europe from the southern ports of Portsmouth and Weymouth were interrupted last Sunday by a British seamen's strike. A spokesman for the Sealink Company said the National Union of Seamen (NUS) had called a 48hour walkout in the two towns, forcing the
        AFP  -  90 words
      • Article
        Lock icon Indonesia's sea accidents
        126 13 Reuter SHIPPING on Indonesia's Java Sea was involved in more than 130 accidents last year and 15 last month, the national news agency Antara reported. No casualty figures were given by the agency, which quoted the east Java Sea Communications Regional office as saying the accidents involved
        Reuter  -  126 words
      • Article
        Lock icon Taiwanese trawler seized.
        59 13 AP Pakistan navy has seized the Taiwanese trawler Uwaodar while it was fishing in the coastal areas of Pakistan. The Pakistan naval ship Taimur spotted the trawler fishing without a license on Jan 30 some 30 miles from Karachi. The 17 crew members of the trawler were
        AP  -  59 words
    • Article
      INDEX TO ADVERTISERS
      608 13 SWpptagLtae P»«e Cnl Shipping Line P»W Cnl Achlpelego Adriatic Alea Afro-Eurasia Ali trans Alpac Angkutan Aagcniv* ANL Antoll i APL Argentine ASCL Asia Merchant Bait-Orient Bank Um BBS Ben li— Ben Ocean Ben Asia Ben bulk Bintulu Blue Diamond Blue Funnel Blue Star Burmene CAVN-FMG OCNI Ceylon
      608 words
    • Article
      Container Schedules
      855 14 «ECpvmGOF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name I Voy Estimated No. Time of Arrival Shipping Gdn Mode of Lines Operatn Date Slnaloa 103 12.81 Oriental Destiny 9W 8.Z81 Navalls 12E 82.81 Unlcon 48S 82.81 Asian Patroos 2801 82.81 Anro Australia ***** 102.81 Neptune
      855 words
    • Article
      LONDON FREIGHTS
      1441 14 INCREASED interest was seen on Friday for grain business out of North America with a US$l decline seen for 52,000 long tons of heavy grain from the US Gulf to Japan, at $28, but a steady $30 was agreed for 45,000 tons over the same voyage, both in
      1,441 words
    • Article
      Lock icon Japan hopes for a new Panama Canal
      516 15 AP THE president of the Japan and Tokyo Chambers of Commerce says he hopes US President Ronald Reagan 'will take the first steps soon vtoward a jdint US-Japan project to build a sea-level canal across Panama. Just back, from Reagan's .inauguration, Shigeo Nagano
      AP  -  516 words
    • Article
      SHIPS IN PORT
      305 15 EXPECTED ABUVAU TODAY KEPPEL WHARVES Bunga Seroja (1300 will ahifts oo llth/0600 to G33/ 34, far UTM/L) 6/7 Cherry Bagus (2300) 28 CONTAINER TERMINAL Anro Australia 53 Benvalla 51N Ever Promoter 54S Khudozhniksaryen 49N Maersk Mando 54 Nlkkoh Maru 49N Planeta 50N Sitiung 51 Takari n 52
      305 words
    • Article
      Nedlloyd-Kanoo venture gets contract
      401 15 AN agreement has been concluded between the Saudi Governments Railroad Organisation (Sgrro) and Kanoo Terminal services, a Joint-venture between the Nedlloyd Group of Rotterdam and the Kanoo organisation, for the management and operation of the new Riyadh freight terminal. KTS has been in existence as a
      401 words
    • Article
      Lock icon Coal demand spurs new ocean-going freighters
      870 15 NYT THE booming worldwide demand for coal is helping to spur the construction of new class of ocean-going freighter and has brought widespread calls for deepening port channels to accommodate the larger, more efficient ships. Michael Klebanoff, president of the Ogden Marine Corp, a
      NYT  -  870 words
    • Article
      Safety rules may raise tanker costs
      429 15 NEW international safety regulations will turn the balance of construction costs significantly against tankers. At present, a bulk carrier Is some 10 per cent more expensive than a tanker, traditionally the cheapest bulkship to construct. An ore/bulk/oU carrier is some 20 per cent more
      429 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2441 19 SCHEDULE 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 Singapore. Advance dates are published at a maximum of three weeks. PN
      2,441 words
    • Article, Illustration
      People In Shipping
      96 20 ■CAPTAIN Tu Kim Lesag Jged 32 has been appointed Jianager of Sembawang lowing Company Private Timited on Jan 19. He joined the company in Uuly 1978 as operations officer and within a year was promoted to operations «lanagar. f A holder of DTI Master Going) Certificate ■of
      96 words
    • Article
      Lock icon Platform towed back
      180 20 AFP AN unoccupied Dutch drilling platform which went in a storm was finally taken in tow last Sunday J .night three kms from the Swedish coast, after a day.long buffeting in 12-metre seas. The 1,500-ton platform, Dirk and belongtag to the Dutch company Bos Kalis, was set
      AFP  -  180 words
    • Article
      The Consortia
      136 20 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. AGE (FAB EAST/EUROPE): Franco Belgian Services. 'K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Gw Tang Shipping. ANRO( STB AITS/AUSTRALIA Australian National Line. Australia/Straits Container Line. Nedlkjyd Lines.
      136 words
    • Article
      Lock icon Indonesia appoints investigation coordinator
      534 20 AFP THE Indonesian government has appointed as coordinator of investigations into the Tampomas 2's sinking last month, in which some 450 people perished, the same official who had been responsible for the much-criti-cised purchase of the illfated vessel. Communications Minister Rusmin Nuryadin told a House Commission
      AFP  -  534 words
    • Article
      Lock icon Only twenty-six survivors
      253 20 Reuter THE captain of a launch, in which 49 Pakistanis died on a harrowing illegal Immigration run to the Gulf, has been arrested, Indian police said. He has been detained with two others connected with the voyage, in which passengers died from exhaustion, hunger and thirst and
      Reuter  -  253 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      377 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN OULF AND RED SEA PORTS. Sao Page V 1 \RI )1 M I \H Orient Overseas Co+iicjMeA Line WOK CONUKI 24« 12/2 13/2 3/3 4/3 5/3 6/3 1 CMMtONTMO 1M H/2 19/2
      377 words
    • Advertisement
      Page 13 Advertisements Column 2
      172 13 ISEALORDO 1 UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI PURPOSE SERVICES Loading tor B Abu Dhabi (17/3), Damnum (20/3) Kuwait 123/3). Shuaiba (26/3). Doha (29/3), Dubai (1/4) FULLY CONTAINERISED SERVICE WW AL NATTY AH V.ll 9/3 Jcddah (21/3) Hodeidah, (28/3) SE/U.OM) SHPFMB MXNCES (R»|. No. 242M5/OOC) 3RD FL00«. MARMA
      172 words
    • Advertisement
      Page 13 Advertisements Column 3
      579 13 "T* MVAPUW business FOR PEOPLE WHO MATTER T*nes Penoacaß Pubtcaton LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULP, ATLANTIC, EAST CANADA, ASIAN PORTS Ptntni < SaM 14-15/2 21-22/2 21/2-1/3 74/3 14-15/3 4-5/4 21-29/3 SMGAPORE CLOSMG IMS CY 22nd Feb ISOO HRS CFS 21st Feb 2400 HRS Si LU TO
      579 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      784 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Mm Accent Far H Barcelona. G«nM. 2) Amsterdam Antwerp L Havre. Bilbao. Basle. UK. 3) Bremen, tfanenliaven Aartms. Copenhagen HelsiMi 4) Malmo, Stockholm.
      784 words
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      Page 14 Advertisements Column 2
      245 14 0» SUPERCARRIER SERVICE TO: PANAMA US ATLANTIC E. CANADA US GULF t »""inr 11/2 W-17/2 I 17/3 I Zt/1 I M/l I 8/1 U/2 2-1/3 V< 4/4 1/4 1/4 11/4 •Wt U H/i 12/4 a/4 M/ 4 a/4 27/4 W W 21/4 2/5 5/5 t/S 11/5 •W/3 2-1/4 2/5 7/5
      245 words
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      Page 15 Advertisements Column 1
      732 15 ■kpiLk Overseas B UU Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok Smic« To/Fpom S'pn PJUM| (W EM Mm UFi. MM SMr ■—Mm tlhk 13 IM Ma*aacEl*Maa 29FA. 27 FA 21 Mr Mqlpw (Ma 27 IM Mb Upran 11 IM 241 M
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      Page 15 Advertisements Column 2
      502 15 Franco Bolyuui Services h y hr, li, T~T 3FA 3Mb 4Mb 72r IMbll Mb MKMCNMK »Mf HMb 14 Mb Ilk OCVKB MO. IFA 14 Mb 15 Nv 17Mb II Mb aMb TtMBMOMJMi 2Mb 2* Mb 21 Mr 24 Mb 25 Mr HMb aCVUB ROB c.m.c.r. TT BUms I'M* UNMI PJUMI
      502 words
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      Page 16 Advertisements Column 1
      452 16 TO NORTH EUROPE Hamkwi Eiptm 14M Eiptti I TO MQXTOMMiA Mni 5/3 7/3 8/3 10/3 13/3 15/3 16/3 18 3 20/3 22/3 23/3 24/3 2/4 4/4 5/4 7/4 28/3 30/3 31/3 2/4 Oakland Stattle/ Tacoma (CARGO TO ATLANTIC ANO GULF PORTS VIA MJNILANDBRIDGE) 14/1 15/1 17/1 18/1 tatoEiprtu 24/1 25/1
      452 words
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      Page 16 Advertisements Column 2
      606 16 LIME KOREA SHimNC com f. Kriant PENANG STORE VE6AIS7W 22-26 Feb 27/2-1/3 2-5 March FROM BUSAN BANGKOK VEGA IME 22-26 Feb 27/2-1/3 2-5 March TO BUSAN ALIAS 16UN 5-1 March 9-12 March 13-16 March FROM BUSAN BANGKOK ALTAKI62E 5-1 March 9-12 March 13-16 March TO BUSAN KSC KSC KSC KSC
      606 words
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      Page 16 Advertisements Column 3
      566 16 r 1 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTWG CARGO FOR HAMBURG FELIXSTOWE ROTTERDAM ANTWERP IE HAVRE m ALSO ACCEPTWG CARGO FOR UNITED KWGOOM SroraWTWIONDON MANCHESTER. BIRMINGHAM BRtSTOt. LIVERPOOt. GLASGOW. LEEDS WEST GERMANY KKIBNER HOI LAND AMSTERDAM S |*re M Hm*»| Uttartai FrtnlMt Mwwv It Hn> En> In*
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      Page 16 Advertisements Column 4
      820 16 Everett Lines! y*. Burma Fhrt Star ShippHif Corpn. "BURMESE NATIONAL LINE LOAWNG FOR RANGOON HTMIAWTWA PHASHNtGTAWYNA mourn B F S S C Agent* m Mok>ys.o BOUSTEAD SH»>Pt\IG TTL NOS KL *****2/*****9 Niwuciw IntareontiMßtal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOAUNG F« DURBAN MONTEVDEO BUENOS AMES I InM Transportadon Macitima
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      Page 16 Advertisements Column 5
      397 16 f mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE —i P Kafav L«m 21/22 FM* 23/24 Fab STD JAPAN/STRAITS SERVICE KSTOMMB CUTSTM. STtt BEL* RO2O MAT CARP OMB OUKE PAZ ESTtHIA OJESOIRCES HOKOMMU TWA GDOAI MOTS I AGENTS P. SUMS OCEAN SMTPMG A ENTERPMICS PIE LTD SMGAPORE TE
      397 words
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      Page 17 Advertisements Column 1
      543 17 PIL GROUP KOTATNMUft 1710 Fab KOTA CAMAY A IS/17 r«b KOTA MAJU 20/25 Mb KOTA BAKU 6/10 Feb Port Sudan (Accepting boninnvr 10 nooviain J Hnrtilrtah Mdah Port Sudan, Aqaba Singapore P.Katang KOTA CANTKIO/15 Mb KOTAMAHA 25/30 Fato KOTA DEW A 15/20 Fab Loading tor Acton Hod#i(Jih i (Also accepting
      543 words
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      Page 17 Advertisements Column 2
      191 17 IP A BLUE star line S,NG T A O PORE NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND. WELLINGTON, CWUSTCHURCH FIJI SHP AUSTRALIA ST A* NEW ZEALAND STAR NEW PLYMOUTH PT CHALMERS MAR MM) Am *m SPORE AGENTS: MttUJOH SHIPPING
      191 words
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      Page 17 Advertisements Column 3
      694 17 BEN LINE CONTAINERS aness com wo service to/from euwte H BURG B HAVEN ROAM HAVRE SOTON **TH miry to cau at red sea potts S PORE *****4. K lIMPUR *****4 P KELANG *****6 PENANG ***** D BEN ASIA CONTAINER SERVICE cwnaw* sawx straits 'Taiwan, japan S'pa* PJtataaai Paoaa Rm Km
      694 words
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      Page 17 Advertisements Column 4
      664 17 k m y w T k f I 4 v i 1,1 Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE I DM« SM KMC* 13/2 I OAttUt 71/2 I PfNACA 27/2 I OAMIA 6/3 I Pf NAM 1)/] I OAHIA 21/1 11/? 25/2 I in 4/3 MO CUM 3 3 11/3
      664 words
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      Page 17 Advertisements Column 5
      520 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION I SOUTH AFRICA SHIRRA BANK SINGAPORE 30/3 eta. Reunion 11/4 Durbon 16/4 Copetown 23/4 Pt El.i 21/4 (also accepting fast London and Maputo car go) Lukes/4 Lines U.S. WEST COAST SERVICE Drtct from SFO Lhc* ASHLEY LYKES Sid Sid 20/2 BRHTON LYKES 3/2
      520 words
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      Page 18 Advertisements Column 1
      542 18 K line KAWASAKI KISEN KAISHA. LTD EXPtESS CONTAINER SERVICES TO HORTH AMERICA l Mar fttMb mWt m itfMl Cartws Mm acceptable let Oakland. Vancoiner. fartljnd. Heuston. G Bntan. St. Mm. PMadepfea. NarMi. BaMenare. ititnuh, todn—nfc Spore P KtUng l Havre R dim Hburj Bremen Awerp CHMK29 4/3 7/3 25/3 21/3
      542 words
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      Page 18 Advertisements Column 2
      647 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lM*| tar lOS MGEIES. SAN FRANCISCO. SEATTLE TACOMA VANCOUVER AC Accaptoif Fa/Fa Cwttan —'."sr sw vsr AUSTRALM EXPRESS CONTAINER SERVICE Accepta* Fa/Fa Cantamrt Spore Bn M Idti S)d f.e* '(AWAS II fed 19 Feb 4Ma. 10 M* 17 Kb. "KABMOAS" 24 Ma. 25Ma.
      647 words
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      Page 18 Advertisements Column 3
      442 18 SEJMNG SI AND 27/21 Feb 2ULACM 31/4 p I*« >1 > SINGAPORE SHIPPING AGENCIES PTE LTD POT H f LOOR OCt AN BUI I DINCi SNGAPOHE 0104 AR K E TING 91 11 22 (3 LINE S) GENERAL *****1 1-1 LINES TERMINAL OE F ICE *****83 LEX RS24S9?) RS ?5b68
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      Page 18 Advertisements Column 4
      600 18 "korins maritime services Room 601 ICB Building. Shenton Way Singapore Tel *****67 RTF I T() MIDDLE LAST/RED SEA/EUROPE SERVICES wn \\A~\SAM 'tli Lir\tS A memoei ol tt>e Samfck Go)up ol Compiles LINER SERVICE F ROM KOREA TAIWAN MONG KONG TO SINGAPORE HANKOOK ».N_w M«m Kmto* UKaag Spare 311 M 10
      600 words
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      Page 18 Advertisements Column 5
      585 18 4* in INTR ASEA (PTE) LTD. Fabe'House 2 34E Ocha'd Poad Singapore 9 V23S4OS' Tl-li' a J.J i j S pora f. Mm| 21 FA 3 Marck BOULOGNE/V DAM/ UK(AVON) MTRASEA (PID LIB *****11 BOOKSK *****67 lEO MPPBC ft TRJUMC 4HM4. 4M742. *****1 iTB OKKSEAS MMBTM N 3C5R54. 2SISI/2 ALP
      585 words
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      Page 19 Advertisements Column 1
      526 19 Container Feedered to/from F'stowe Also accepting cargo to/from Scandinavia +HK CONTAINER S'pore Closing Times: FCI Cargo 0600 11/2 LCI Cargo 1800 10/2 FROM EUROPE (VIA SUEZ): N. GARNET 3t K. CHANCE lE— C. PAUL 25E TW BROGE 4E...... C. RO2E 23E K. IACENON 11E. lOCATOR 21E... TO AND FROM AUSTRALIA:
      526 words
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      Page 19 Advertisements Column 2
      245 19 MALDIVE LINES ETA ETA SPORE KUMT MAUME DEWOW 19/2 Loading For Duba/Dammam/ Kuwait MAUME PEACE 20/2 Loading for Bahrein/Kuwait MAUME MACE 19/2 Loading (or Kuwait MALME PIONEER 20/2 Loading For teddab MAUME HPORTER 17/2 Loading For Mate MAUME PROGRESS 19/2 Loading For Mwcat/KhorffakM/ Dubai/Abu Dhabi MAUME PUDS 16/2 Loading For
      245 words
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      Page 19 Advertisements Column 3
      345 19 sss SMGAPORE SOVTT SHPPMG CO PRIVATE LTD SMHW HUM 56. MwM SM Stappm 0104 T*pfc« (10 Unm) CrMi M#t» SMSOV SMGtfORE Tain Wm*m IS *****1 MOMS N/S SMAMKAT HAH SOON ON. Rtt. IST AND 2ND FLOOR. NO 1. JALAN CEMPOMG. PORT HANG. MALAYSIA T* *****6/8 Tdv No: ***** In IMn
      345 words
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      Page 20 Advertisements Column 1
      351 20 A ANTOLL LINES f)irec' B is *0" Aripijidc Mplhoiupp Swrfnp* Brisbane independent FCI Container Conventional liner Service P«1 MM SdTuh Satatond MM WM h Pt/Slf T'dar Feb 21 Mar 5 Mar 24 fori Kate* Fab if FA 25 Mar 9 Mar 27 tofaM Fab 26 Mar 10 Mar 23 Apr
      351 words
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      Page 20 Advertisements Column 2
      196 20 m PERKAPALAN LAUTAN MRU SDN. BHD^ P O Box 220. Ko<4 krvtbaiu Sabah RfGULAI IMB SBiVKE Sabah Sarawak Bangkok Singapore Port krting Vessels Penanf P.Wang S pore Loading for LMfTMt TIGA h ftrt KK/Sandakan/Tawau □MM hi fart. Labuan/KK LAUTAA RAM V-2/11 hNrt 12 Feb KK i SEALJON SHIPPING (M) SDN.
      196 words
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      Page 20 Advertisements Column 3
      227 20 TTT NAM HUA SHIPPING SDN BHD I/Sl IVI4F* M* mMMMM K> 2/n 4/SM» *M M INN MM IB 4 Z/U 17/11 fe» •MMMUMin* Vtl 4/5 N» MILLION SHIPPING SDN BHD UrtlodO f 'P'm, Set ifrepn Aes' Ar-] t 1 M rf, v *rt M« rf», ..C'c 'tit'. TITi SHIPPING 1
      227 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      127 20 m I ,v a s t 3! V ii vflL Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJfl. THIS MORNING. LEGEND: R Thunderstorm Temperature C Shower Weather Wind direction with speed in knots Rain V V Cloudy Sky W.v, h**, Sutaee wWa are kinM by arrow* which fly
      127 words