The Business Times, 11 February 1981
1981-02-11
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The Business Times
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Title Section10 1981-02-11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, FEBRUARY 11,1181 60 CENTS10 words
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BRIEFLY...
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Article56 1981-02-11 1 AFP KUALA LUMPUR, Tues. Prime Minister Datuk Hussein Onn, who underwent a coronary by-pass operation on Saturday, is making good progress and should be discharged in two weeks. Acting Prime Minister Datuk Sen Mahathir Mohamad, who said this here today, added that Datuk Hussein would probably spend anotherAFP - 56 words
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Article49 1981-02-11 1 AFP KUALA LUMPUR, Tues. Acting Prime Minister and Umno deputy president Datuk Seri Mahathir Mohamad said today he did not expect any challenge for the number one post at the party's forthcoming elections. Datuk Seri Mahathir the top post in Umno had not been seriously challenged. AFPAFP - 49 words
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Article66 1981-02-11 1 UPI WASHINGTON, Tues. President Reagan has decided to retain Air Force General David Jones as chairman of the joint chiefs of staff, despite criticism from some Republicans that General Jones was too close to the Carter administration. A Pentagon spokesman said General Jones, whom some Republican conservatives wantedUPI - 66 words
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Article63 1981-02-11 1 UPI BEIRUT, Tues. A group claiming to be the kidnappers of a Jordanian diplomat said today they executed the envoy and "it is now up to the Lebanese authorities to find his body." The claim was made in a telephone call to a Lebanese right-wing radio station byUPI - 63 words
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Article56 1981-02-11 1 AP KUALA LUMPUR, Tues. Malaysia has agreed to the setting up of an Iranian embassy here soon, a foreign ministry spokesman said. The agreement was reached during talks between foreign ministry officials and a five-mem-ber Iranian delegation led by the Iranian President's special envoy, MrAP - 56 words
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Article74 1981-02-11 1 Reuter BEIJING, Tues. China today said it would soon launch its first domestic government bonds since the Cultural Revolution with a five billion yuan issue designed to soak up idle capital. An official newspaper said the bonds would be aimed mainly at state-oWned and collectively owned enterprises andReuter - 74 words
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Article57 1981-02-11 1 AP JAKARTA, Tues. The Dutch government has an idea which may help Indonesia overcome its food problem rabbits. Dutch Ambassador L. B. van Gorkom today presented President Suharto with 18 rabbits (9 females and 9 males), saying he hoped the highprotein meat would become regular fare for theAP - 57 words
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Article83 1981-02-11 1 Reuter JAKARTA, Tues. The state-owned Pertamina oil company which nearly went bankrupt five years ago has still to repay U552.24 billion to its creditors, the Mines and Energy Minister, Dr Subroto, told Parliament last night. This included the payment of debt interests which will total |72.9 million byReuter - 83 words
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Article135 1981-02-11 1 Falls Indices Mtpan Corpa U I C 8jr* Res tia Ptnaout G I Hide* M U I OCEC Straits Trtdtaf Ialaad Pea H Laoag Credit 8« alios B SMkawaif 2170 1000 540 000 575 1070 1500 1380 970 570 506 500 -00 -00 -00 -35 -36 -30135 words
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Article, Illustration141 1981-02-11 1 Falls Indices MUI 1800 AMD 200 S Trading 1480 0 C B C 1680 Hong Leong Credit 610 III A Pen 1080 Rahman Hyd 1600 Syn Realm 585 N Iron 830 -50 -44 -40 -40 -30 -30 -30 B.T.Index: Industrials: Finance: Hotels: Properties: Tins: frubbers: Feb 9 Feb141 words
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Article597 1981-02-11 1 AGNES WEE - BID FOR SRI LANKAN PROJECT By AGNES WEE INDECO, the governmentowned building consultancy company which is currently providing services for projects worth $400 million, is eyeing another contract for a $60 million Sri Lankan Government Housing Authority residential project. Indeco (acronym for International Development and Consultancy597 words
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274 1981-02-11 1 Reuter AP MAJOR world airlines have decided to increase passenger fares by up to 8 per cent on several routes from April 1, the International Air Transport Association (lata) said in Geneva yesterday. Representatives of about 50 airlines meeting at lata's Geneva officeReuter; AP - 274 words
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Article527 1981-02-11 1 FOO CHOY PENG - By FOO CHOY PENG TEN companies from the food-processing industry have been allotted land sites in the new Panda? Food Zone in Jurong. Only two oT the 10 have begun operation. One deals with meat processing while the other makes snack food. Another three meatprocessing527 words
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Article248 1981-02-11 1 WANG LOOK KEAH - By WANG LOOK KEAH SOGERMA, the subsidiary of Airbus Industrie, is likely to choose Singapore as the location for its maintenance centre in the Far East. Claude Abraham, the director-general of the French Civil Aviation Department, said yesterday there is a good chance that the centre248 words
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374 1981-02-11 1 THE Philippine National Baak, arttag tkm|k Mi Bli|»p«re ifliktre kraaeh, tea kicked «11 Mi Oral Seating rate uwUfleate mt deposit Imr «Ml a ailqir redemption The UB$M arilHaa taw wttfc a ■■laillji at three yean k repayable la tear InstslMiinls alter aae aad374 words
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505 1981-02-11 1 CHOO AI LENG - By CHOO AI LENG PROPERTY group City Developments, which yesterday announced record profits of |24 million before tax, is to acquire more properties in Singapore. It proposes to increase its already sizeable land bank by purchasing several commercial and residential properties from505 words
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Page 1 Advertisements
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Advertisement77 1981-02-11 1 m REAGAN to raise defence MUI nnvells plans tor property expeadttarc— 3 development II NCR secures mlllton dollar con- GOVERNMENT to spend $82fcn tracts 5 on water pollntfon control 12 THE family approach at Hew- FEW deals done In S'pore spot lett Packard f oil market.............. 12 CROSSWORD I, TV77 words
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Advertisement260 1981-02-11 1 Companies Activities. Key Personnel, Agencies The Straits Times DIRECTORY Of Singapore (Buku Merah) Is Oil blowing ICAP apart? ABQ 4th Quarter 1981 'ICAP does not appear to be working <">* very wed. When Austrafca introduced CAP some two yean ago. it sought to create a lower air tares market which260 words
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REGIONAL
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357 1981-02-11 2 UPI JAPAN'S top trade representative flew to China yesterday to try to get an explanation for China's cancellation of more than US$l billion worth of contracts with Japanese companies. Mr Saburo Okita, the government's chief trade negotiator and a former for- eign minister,UPI - 357 words
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428 1981-02-11 2 Reuter CHINA has welcomed the recent statement by former Kampuchean Head of State Prince Norodom Sihanouk that he is prepared to head a united front against the Vietnamese in Kampuchea. A Chinese foreign ministry spokesman yesterday said: "Recently Prince Sihanouk expressed his willingness to uniteReuter - 428 words
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THE REGION IN BRIEF
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Article367 1981-02-11 2 Agencies THE JAPANESE government is studying measures it can take in concert with the US and Western Europe against the USSR if it intervenes militarily in Poland. Foreign Minister Masayoshi I to told parliament on Monday that Japan would take concerted action and the sources said he hadAgencies - 367 words
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260 1981-02-11 2 AP JAPANESE ail aad tradlag r—pa alc< are Vnftlng at Iraalaa iwrnafc that they pay a UBtl.B> a barrel advance premlam la eeatraeta far new ail shipmeata aver a three-math parted starting la April, reHaUe Indastry aeareea said. "The aegattatt— are la aAP - 260 words
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291 1981-02-11 2 AFP THE RECENT slashing of export subsidies for textiles by the Indonesian government has thrown Indonesian textiles out of competition on the international market. Since the finance ministry issued a decree at the beginning of the year reducing export subsidies for some textiles and slashingAFP - 291 words
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235 1981-02-11 2 AFP THAILAND is studying the possibility of setting up a Joint venture with Canada to produce fuel from tapioca. The proceaa of producing fuel from tapioca was developed over the last 10 years by Stanfer Manufacturing of Montreal. It uses starch to produceAFP - 235 words
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Article763 1981-02-11 2 ARRIVALS Service Local Operator Niaber Time Froa PAA PA005 0030 JFK/SFO/HKG MAS MH601 0630 KUL SIA SQ580 0710 MAA S1A SQ101 0813 KUL MAS MH605 0830 KUL MAS MH621 0835 PEN RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL SIA SQZU 1000 HLP SIA SQ103 1000 KUL763 words
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Page 2 Advertisements
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Advertisement185 1981-02-11 2 VSfe're checking out of the Hilton. And into the Tanglin Shopping Centre. Vi On February 16, the United Overseas Bank Orchard Branch moves from the Hilton to Unit 01-19, Ground Floor, Tanglin Shopping Centre. L l I a) X as We're moving to bigger premises so we can provide better,185 words
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OVERSEAS
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277 1981-02-11 3 AP POLISH Premier Jozef Pinko wski, who came to power at the height of labour unrest in August, stepped down on Monday in favour of Defence Minister General Wojciech Jaruzelski, the official news agency PAP reported. Warsaw Radio said a general strike was calledAP - 277 words
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158 1981-02-11 3 UPI US OFFICIALS now put the chances of a Soviet military intervention in Poland at about 50-50, despite warnings from Nato and the US. They expressed concern that Warsaw is losing control of the situation, but there was internal disagreement among them whether thisUPI - 158 words
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764 1981-02-11 3 INCREASE OF USs32b NYT THE REAGAN Administration is shaping up a new military budget that calls for an increase of US$32 billion over former President Jimmy Carter's proposed budget for this year and the fiscal year that begins on Oct 1, according toNYT - 764 words
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469 1981-02-11 3 Reuter AN OPEC minister has forecast that oil prices would rise moderately this year and the world could face a sizeable oil shortage next winter if the Gulf war between Iraq and Iran continued. Sheikh Abdul-Aziz bin Khalifa Al-Thani, Finance and Oil Minister ofReuter - 469 words
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200 1981-02-11 3 Reuter ONLY 24 countries have so far signed an agreement establishing a common fund to provide cheap loans for international commodity organisations, a senior United Nations official said, urging more nations to endorse the accord. Under the agreement, reached last June, theReuter - 200 words
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245 1981-02-11 3 NYT THE US government is moving back into the spot market to buy oil (or the country's strategic petroleum reserve. Although the amounts it seeks are small, about 20,000 barrels a day, the action risks putting upward pressure on pricesNYT - 245 words
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Article357 1981-02-11 3 NYT FORMER British Education Secretary Shirley Williams on Monday completed her break with the Labour Party, in a long-awaited move that signalled the creation of a new party in British politics. Mrs Williams, a leader of the new faction in the ideological centre ground between LabourNYT - 357 words
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Page 3 Advertisements
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Advertisement196 1981-02-11 3 The Graduate School of Business The University of Texas at Austin and Tlm DtpirtMflt of Mms Adniiistrition TN National University of Si>|ip«ri are pleased to announce the 1981 International Management Programs For Foreign National and Expatriate Managers Penang, Malaysia May 24-June 5,1981 This will be the third consecutive year that196 words
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Advertisement357 1981-02-11 3 f F I r,, Unstiffen your upper lip. Although the new Stamford Arms Pub in Battery Road is frightfully British, it isn't of the "stiff upper lip" variety Rather, The Stamford Arms' Britishness comes from its luxurious furnishings, polished woodwork, mirrored walls, brass railings, classic tapestries and marble-top bar We357 words
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RAW MATERIALS
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403 1981-02-11 4 AP A REPORT published by the World Bank predicts a trig future for natural rubber because of the high cost of the crude oil used to make the synthetic product. "The quadrupling of the real price of crude oil between 1973 and 1979AP - 403 words
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224 1981-02-11 4 Reuter INDIA, poked to reap a bumper harvest this year, has quietly emerged as an exporter of cereals after depending (or years on imports to feed its hungry. The country survived a disastrous drought in 1979 without importing grains, but by drawingReuter - 224 words
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Article199 1981-02-11 4 THE Singapore market yesterday closed steady with March One RSS buyers quoted at 282.00 cents a kilo, unchanged from Monday's close, dealers said. Prices fluctuated narrowly during quiet afternoon trading but showed an easier tendency after the close London's early sign of easiness, they added. In Kula Lam par,199 words
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Article297 1981-02-11 4 RAS prices In cenU p er kilo yesterday: ■a— rinm Buyer Int. 1 R.S.S. prompt f.o.b. 719.30 Int. 1 R.S.S. March ***** Int. 1 R-S.S April 285J0 Int. 2 R S.S. m00 UK/Coot moo Int. 3 R.S.S. 300.00 UK/Coot 259.00 Int. 4 R-S.S. ***** UK/Coot moo Int. 3297 words
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Article95 1981-02-11 4 NOOh •AS 88R aad 81 MR prkw y Kink (Cirrwl Mtfc) Aprtl TonriH Mtki 8< •r«n Mwi RyMV iMlara ssaa SSR Si MUI SMR SMR 8MR SMR SMR 1 < 1 LB ?i < 1 1 8* 2 SO 1-ttapaOrtl 1-loa pall* IMP* l-lnapdbt 1-MpdM i i95 words
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Article119 1981-02-11 4 Reuter Chinese cotton output reached record levels last year and was 19.7 per cent higher than the 1979 crop of 2.21 million tonnes, the New China News Agency said. This indicates that 1980 production totalled 2.64 million tonnes. Foreign agricultural experts said the record crop had beenReuter - 119 words
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Article74 1981-02-11 4 THE STRAITS tin price in Pennng yesterday nw 2$ cents to Mpl.lt a Idle, still within the International Tin Agreement's middle price range cf SM.II to $».74, denier* said. Lnwer centribnttons sf tin, the evernight rise in Lsndsn and bnylng snppert frnm Japan, Enrepe and lecally, assisted in74 words
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Article29 1981-02-11 4 Rubber: Feb 10 Singapore: March: 282.00 cents (unchanged) Malaysia: March: 303.50 cents (unchanged) Tin: M930.70 per kilo (up 25 cents) Official offering: 119 tonnes (down 12 tonnes)29 words
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102 1981-02-11 4 Reuter CHINA may need about one to 1.5 million tonnes of grain and rice for flood and drought relief, a UN official said. The official, of the UN Disaster Relief Office (Undro), returned last month from a fact-finding mission to two stricken areas,Reuter - 102 words
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Article212 1981-02-11 4 WHEAT futures in Chicago on Monday ended weak, down the 20 cent a bushel limit in May. to* of! 14V* cents in hectic dealings. Steady local selling in reaction to increased Polish/Soviet tension, which traders fear could lead to a total grain embargo against the Soviet bloc, prewired prices212 words
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Article115 1981-02-11 4 Reuter INDIA exported 225 million kilos of tea in 1900 as targeted, but an additional 10 million kgs could not be shipped because of dislocation in Indian ports, Tea Board chairman, B.K. Goswami said. Exports in 1979 totalled 210 million kgs. Mr Goswami was quotedReuter - 115 words
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Article173 1981-02-11 4 CHINESE PrHiee Exehuge, Stagapare, elsslag prices per 1M kg yesterday. Ctewit «II: Bulk fob $129.00 sellers, old drum (In second hand drum) fob $138.00 sellers, new drum fob $145.00 sellers. Cspra: Mixed (loose) 179.00 buyers. Pepper: Muntok white pepper fob Asta NLW $430.00 sellers, Sarawak white pepper faq173 words
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Article232 1981-02-11 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 0.98, 100 per cent third class 0.97, 25 per cent new crop no stock, B-10 per cent 0.85. THAI BROKEN. A-super 0.78, Special 0.76.232 words
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Article214 1981-02-11 4 SOYBEAN futures is Chicago on Monday closed down the 30 cent a bushel limit in May, to off 21 cents in new crop. Massive local long liquidation on increased trade concern over possible Soviet intervention in Poland brought pressure from the start, sources said. The Multi-National sold an estimated214 words
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Article964 1981-02-11 4 COFFEE: Robusta futures yesterday closed the morning slightly steadier with gains from Monday of £10, basis near March at £991, to £5 a tonne. Turnover was 386 lots including two options. Dealers said light buying linked to favourable chart patterns extended opening gains to around £12 a tonne.964 words
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Article58 1981-02-11 4 C.I.F. North European ports, In US dollars per ton unless otherwise stated: LONDON: Moa Piwtm Malaysian 6% fla bulk par Urn ma April myt «17J0alr Sumatra 5* fla bulk February 666 00qtd 666.00qtd March MO.OOalr 62JL50pd April «2&00alr 61&.00pd May 615.00alr eiaooalr Nigaria 6% fla bulk at« uaquotad58 words
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ASIAN STOCKS
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520 1981-02-11 4 TOKYO SHARE prices yesterday rallied on bargain-hunting and selective buying over a wide front, but trading remained slow ahead of the National Foundation Day holiday here today, dealers said. The market gained 21.63 to 7,261.53 with volume 250 million shares. The Tokyo Stock Exchange520 words
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Article287 1981-02-11 4 THE market yesterday was again unable to mantain its early gains as late profittaking caused a drop during the last 45 minutes of trading. Volume was low and trading featureless as the big local speculators remained out of the market. Hang Scat lades: 1C22.15 Ml»). m., .'.j..iii.«•»» FEB 10287 words
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Article283 1981-02-11 4 SHARES yesterday rose in most sectors following local and overseas buying in oil and gas stocks, bargainhunting and a firmer gold price, dealers said. BHP rose 45 cents to A 514.25, CSR 38 to $6.76, WMC 20 to 6, Mim 12 to $4.15 and Bougainville two to 31-65. KKB283 words
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Article246 1981-02-11 4 STOCK prices yesterday closed steady in qukt trading. dealers said. Bangkok Bank, Industrial Finance Corp and Slam Credit closed unchanged at 300, 124 and 85JO baht respectively, while First Trust gained 1.50 baht to 68 JO and Jalaprathan Cement dropped one to 115 baht. FEB 10 Bants Asia Credit246 words
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Article106 1981-02-11 4 KF.B 10 PflM Acojr Mminc 0082 unch Altai Con A Altai Con B. 2* 25 unch Bafuto Gold ooae ***** BrniiKt Con B DP rvAfutpuA. 00.30 0J M3m OuOQ i K 11 iii CDCP 1_1_ s unch unch I net) B. Landoil Lrpanlo B. ira unch Mannduquf B it106 words
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Article51 1981-02-11 4 FINANCIAL TIMES INDUSTRIALS Monday 400.9 Friday «00.3 Week Ago 407.8 DOW JONK8 AVDtAOI INDUSTRIALS Monday »17.10 Friday 982J0 Week Ago 93X25 HJLHANG SKNG Tuesday 1822.15 Monday 1830.14 Week Ago 1841 A) AUSTRALIAN INDUSTRIALS Tuesday 880.4 Monday 8842 Week Ago 804* ALL ORDINARIES Tuesday 870.2 Monday 808J Week Ago51 words
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Page 4 Advertisements
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Advertisement106 1981-02-11 4 'V oT .GS/TnV I STARRING DEREK NIMMO m BARBARA MURRAY GEOFFREY PALMER HELEN GILL It's the Hilton's first 1981 Dinner Theatre presentation. A riotous farce hailed by West End critics... "I laughed until my eyes were blinded with tears" SUNDAY TIMES "A clever and funny farce" DAILY MAIL "Bright.. .brittle..106 words
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Advertisement0 1981-02-11 4 |_)\),(-{]?<:(!':&.-_!`[;/|]*=:0 words
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TRADE AND INDUSTRY
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Article223 1981-02-11 5 SINGAPORE will participate with other members of the East Asia Travel Association in an important trade and consumer fair in Paris this month. This will be the first time the member countries of EATA Singapore, Taiwan, Hongkong, Japan, South Korea, Macau, the Philippines and Thailand will make a223 words
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Article, Illustration68 1981-02-11 5 HOLIDAY Inn has appointed BrlMi Ng assistant public relations and advertising manager. Before joining Holiday Inn, Miss Ng was a programme officer at the Singapore Metrication Board. In her present capacity, she will assist the public relations and advertising manager in the hotel's public relations and advertising.68 words
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227 1981-02-11 5 THE Department of Trade has decided against taking part in the Canadian Import Show in Montreal as it is not convinced of the value of its participation. An assessment of the show was carried out and the department feels that the show is still new the227 words
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222 1981-02-11 5 A MULTI-million dollar joint research and development programme being undertaken in the US and the UK to produce a new high capacity battery may benefit a Singapore producer in the long term. The Joint effort by the UK battery giant, the Chloride Croup222 words
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Article179 1981-02-11 5 THE Singapore Institute of Management will be conducting two courses for administrative assistants and secretaries next month. The first Computer appreciation for secretaries and administrative assistants will be conducted on March 9 and 10. The other course, Time Management for the Secretary, will be led by Joanne Saver,179 words
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498 1981-02-11 5 WONG Al KWEI - By WONG Al KWEI NCR (Singapore), which recently began marketing computers to the local hotel and restaurant industry, has signed a million dollar contract with Dynasty hotel for the installation of an integrated computer system. NCR account manager, Allan Lim, said Dynasty, which is expected498 words
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Article436 1981-02-11 5 SEMINARS AND COURSES Feb 11-May 27: Executive Growth Workshop, SIM Conference Room (3rd floor, Thong Teck Building), S'pore Institute of Management Feb 12-Mar 16: Probability with Applications, Bukit Timah Campus (Nissen Hut 7B), Department of Extramural Studies, National University of S'pore Feb 13-16: Michael Porter Seminar: Shaping Industry436 words
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Page 5 Advertisements
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Advertisement154 1981-02-11 5 ROCFLOOR Resin flooring many timos stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. Batik* Singapore Pte Ltd t©l I *****44 THE MANDARIN PLAYHOUSE PRESENTS WORDS MUSIC of Rodgers and Hart FEB 16 -19,1981 MANDARIN COURT A dazzling revue from London capturing the154 words
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Advertisement175 1981-02-11 5 Once upon a time there was a small international airline, with a small fleet of aircraft, flying to a small number of destinations. But what it lacked in size it made up foi'in service. So much so, that today its fleet of aircraft has grown to include 747'5, DClO's, DC-B's175 words
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Article380 1981-02-11 6 SINGAPORE'S plans to grow as a brain centre during the 80s are off to a good start if the i progress of Indeco is anything to go by. To thrive as a brain centre, Singapore must devel- op both centripetal and centrifugal forces. It must380 words
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Article285 1981-02-11 6 4NY NEW borrower will encounter a name problem when it tries to raise funds from international capital markets. Investors judge »tbe creditworthiness of a name against world standards. What is considered a prime name in «Singapore may not make it into the list of the £top285 words
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Article, Illustration1514 1981-02-11 6 TSANG SAU YIN - Yesterday we discussed the role of personnel management and how it can help create an environment for good employer/employee relationship*. What is the right corporate philosophy? HewlettPackard seems to have the magic formula. TSANG SAU YIN reports. TSANG SAU YIN PROM the moment you are1,514 words
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Article879 1981-02-11 6 How do US .companies hang on to their middle-level woman managers who love their jobs and their family? NYT NANCY JONES wanted it both ways. "I love corporate America," she said, "but I kwp my family, too." When Mrs Jones became pregnant in 1974, she wanted more thanNYT - 879 words
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Page 6 Miscellaneous
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Miscellaneous594 1981-02-11 6 CRYPTIC PUZZLE ACBO6B 1 Is it (wed offensively by such a gang? (5) {Largely like a monkey (5) Split over CID reorganisas. don (7) l£ It weighs by the yard (5) 14 Grasping individual's m Anger-nail? (5) if Viewers who know what to expect (5) 1> When used, the Ore594 words
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Miscellaneous537 1981-02-11 6 m The life of Greta Garbo THE LIFE Grate Gvte paid b the MkjMl natter tf the STs. the mid- OwW aid I m first put a (as Lun Htpc pA I i i rt Ertatlaa Waybara b SINGAPORE 5 3.00 PM Operant folowed by The You* And The Restless537 words
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Article, Illustration823 1981-02-11 7 THOMAS LUECK - By THOMAS LUECK NYT UNITED STATES semiconductor manufacturers, faced with falling prices, softening demand and mounting competition from the Japanese, are girding for a year of depressed profits and tough management decisions. The downturn, already reflected in earnings for the fourth quarterNYT - 823 words
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Article1747 1981-02-11 7 CHARLES SMITH - Why is it that Japan is able to pick industrial winners and nurture them to a point where they can take-on the world. A good example, reports CHARLES SMITH, is the phenomenal growth of Japan's integrated circuits industry which shows how government, industry and banks interact. CHARLESFT - 1,747 words
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Article661 1981-02-11 7 CLYDE FARNSWORTH - FORUM With CLYDE FARNSWORTH NYT AS THE developing countries,* aided by their relatively low wage scales, become increasingly competitive in traditional manufacturing industries, the developed nations are rushing to dominate the high-technology sector, hoping to provide the Jobs and exports they will need in theNYT - 661 words
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Page 7 Advertisements
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Advertisement436 1981-02-11 7 San Francisco-Nob Hi* n ww '11 ■"2 ti. !K i V 11 [J s »<■»-—» i •»c L -%'i t California's most exciting investment La Galleria-on fashionable Nob HIM La Gaiiena otters you me incomparable combination of city convenience and sophistication La Gaiiena gives you this opportunity to rediscover the436 words
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Page 7 Miscellaneous
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Miscellaneous13 1981-02-11 7 BriStOW :ftan]tDictens m good no sßemt p. lot OF Time. MuMTiNG Foe SOUVE-NICS13 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article188 1981-02-11 8 FEB 00 FU abn 283 00 5 Ahold 7250 3.5 Akzo 1740 0.4 AMFV 96.20 04 Am fas 120 00 1 Amrobnk Bergoss Z 29 00 1.5 Berk 44 00 -0.5 Bols 5750 0.5 Borsumij 227 00 1.5 Burhmann 60 00 0.5 Byenkorf 37 70 -0.3 Caland 30 10188 words
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Article279 1981-02-11 8 FEB 09 Frs CORBEILLE Air-Liquid? 488 3 B S N Gervais Danone 1035 *6 C8F (ThomsonCs(> 380 -3 Cie Erancaue des Petroles 222 -0.9 Compagme Financier? Compagme General? 377 20 -17.3 Credit Foncler I> France aye unch Hachette (Librairie) 366 SO 1 Machines Bull 5« 50 Unch Michelin (B)279 words
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Article92 1981-02-11 8 FEB 08 FT* FORWARD MARKET Acer 282 unch Arbed 1200 58 Astur 378 18 Braacan 980 -2 Bra-Lamb 890 -10 Canpar 1256 -18 Cock 178 4 D* Bern 314 6 Ebrs 16SO -50 Elcctrobel 2700 -100 Gb-Inno-Bm 1950 90 Gcv 1290 8 Hobok 2590 -40 Pctro 4880 10 Ryl92 words
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Article230 1981-02-11 8 FEB OS Dm Arg-Telefunken 85 00 -1.1 Akio 18 00 »01 AHz Lrben 1070 00 unch All* Vers BASK Bay H T Wpank Bay Vbank Bayer BBC BMW 455 00 ***** 197 50 284 00 108 00 250 00 145 00 •2 -25 -1 -3 Cassella 300 00 unch230 words
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Article184 1981-02-11 8 FEB 09 Francs Actions Suuin Alusuisse Br Alusuisse Reg Brown Boven Br an 1065 420 1335 •1 5 4 -10 Clha Gfijy Br CltM Geigy P C Clba Ciflfj Krg Credit Sulsw Br Credit Suisse Rf« 1015 785 M6 2650 400 45 *30 25 Elrklromt Br George Fischer Br184 words
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Article106 1981-02-11 8 FEB 09 Lire Ante 930 -0 1 Avaoc On *****0 2460 Baxlogi 768 •14 Onlralf ***** 4 1000 Kial vr*n 20 invirter 94 2 (ten Immub 2550 99 in pti 5100 350 llalremenli ***** 500 Haifa* 1950 5 ItalMder 300 5 Maffneli M Pf 650 0.5 Marrlli Ere 350106 words
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Article192 1981-02-11 8 1- KB 09 C* Abitibl 24 Alcan 40 unch Algomu 43 Bank Mont 31« Bank Nova Scotia 33 unch Bell Tel 18 Beth Corp BP Can Ltd 45'. Brasran 34'Camp Red Lake 64- 2 C an Imp Bk 30 Canpar 44 ("anpar Inv Pf 19 Carling O'Keefe 7 Cominco192 words
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Article317 1981-02-11 8 r EB ow Rand INDUSTRIALS A Alpha 360 unch Abrrcom 335 30 AE And CI 745B A MIC 7?nn 50 Barlows ri, 1000 20 Cf Sugar IfiOOB unch CNA 490B Curne Finance 205 ♦6 Dp Beers Ind J6606 unch Edton 515 4S Edgars MOOS Eve ready Fed Vol* 450317 words
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Page 8 Advertisements
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Advertisement179 1981-02-11 8 Where to wine,dine and entertain r a I he American Hxpress Card. fj\ Don't leave home without it. 1 Kbr quick economical lunches Dolphin Cafeteria World Trade Centre It 4J Local and Western self-service lunches Open daily 10.30 a.m. to 3.00 p.m. if Restaurant Lounge 10.30 a.m. to 10.00 p.m.179 words
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Advertisement222 1981-02-11 8 l 1 *r- <**> iBSSfcX. t®».' <te- "> *S» v t *V < Jp«; £7* rTO »fe^» v tifffW if* t* v ■.*> iNaP v( f IT 4 v* r 1 *\r.. w m v»- /-'or banquets, [-or conventions, [•or i)ther functions of flawless finesse. I '>' < ::< »fis222 words
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Advertisement198 1981-02-11 8 ]_[,-(?}^/+>;)!*='+>*%$]&>^$){% Feast like an emperor at Chinatown Our chefs can whip up culinary delights that would excite even the most demanding of emperors. Here at The Chinatown, we serve Szechuan specialtiesName your favourites Or ask for our recommendations. Then be treated to a feast of tastes In the grandeur and198 words
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Advertisement115 1981-02-11 8 Inn Of Happiness Now open at the Hilton Dine Dine Cantonese style. Szechnan 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. ICM HUM MTERMtTIONAb BMGAPORE115 words
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Advertisement122 1981-02-11 8 ♦A P This Is Thai Saafood at its authentic bast. So (rash, It could hava baan aiiva 15 mlnutas baton coming to your tabla. It was. An aoormous variaty of succuiant saa foods axpartly prepared by Thai chats in our kitchan. Siamese Seafood Restaurant a Cockpit Hott) Onlay Risa/Panang Road.122 words
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BANKING AND FINANCE
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Article255 1981-02-11 9 Reuter IRANIAN Central Bank officials and US bankers met in London on Monday to discuss financial claims outstanding since the agreement last month which freed the 52 American hostages held in Iran, banking sources said. Under the accord Iran repaid US$3.6 billion in interest and capital itReuter - 255 words
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Article69 1981-02-11 9 Reuter JAPAN htfea te keeeme a member e< tke Afrieu Dmhfmt Baak I» kelp streagtkea Its w—lt ties wltk Afrleaa moMn. JipiiMf Fwcip MUdry mno Mil Ike Hatted States, Brttala, West Oennaay ti tke kaak, etiMtakti la ISM. JapaawlU laveet If Milt— yea la tke kaak alter expectedReuter - 69 words
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Article154 1981-02-11 9 Reuter CONSUMER credit extended in the UK in 1960 was 5 per cent higher than in 1979, the Department of Trade said. Growth in lending by finance houses and other specialist consumer credit grantors was six per cent and by retailers 4 per cent over theReuter - 154 words
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Article27 1981-02-11 9 Reuter FOLLOWING Morgan Guaranty Trust's prime rate cut to 19 per cent is Manufacturers Bank, Los Angeles. The bank's previous rate was 19Vi per cent.Reuter - 27 words
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Article167 1981-02-11 9 Reuter JAPANESE bank deposit rates should be lowered when the official discount rate is cut from 7.25 per cent According to Japan's Finance Minister Michio Watanabe Watanabe, a possible discount rate cut will be meaningless unless it leads to a decline in City Bank lending rates. However, asReuter - 167 words
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Article347 1981-02-11 9 Business Day THE PHILIPPINES Central Bank has announced that it will allow non-bank financial intermediaries performing quasi-banking functions with less than 20 million pesos in paid-up capital to establish branches and and agencies. But such financial companies should have submitted capital build-up programmes at the timeBusiness Day - 347 words
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Article398 1981-02-11 9 Business Day. THE FINANCIAL system in the Philippines appears to be reacting in true textbook form to the mess left behind by banker Dewey Dee, who left the country on Jan 9 with unpaid debts of as much as 581 million pesos. Textbooks say that inBusiness Day. - 398 words
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668 1981-02-11 9 NMfcar Mtifci Gran C«pn Amu) Martst af days Mtft Mm Radamptat MaMy Vw «*•< luti (S Mm) Payraart Acam4 (ocM* YmU (t pa) Dates Mares* ttumi pa) Warasl) 1-3.81 Lean 1 1979 5W 50 00 1/3. 1/9 152 99 86668 words
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Article151 1981-02-11 9 THE PASSCARD scheme Introduced by the Poot Office Savlags Baak (POSB) In November last year attracted ahaat 17 application ss tar. I ader the passcard aocaaat system, a deptdUr receives a pw-Mlwi haakeard which lacarparates his ealaar phetegraph (aad slgaatare far secartty aad easy Meattdeattaa).151 words
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Article383 1981-02-11 9 BANK OF Communications (BOC) yesterday became the second Taiwanese bank to tap the Singapore-based US dollar floating rate certificate of deposits (FRCDs). The US$2O million issue, the first by a non-resident bank this year, was signed yesterday. It is Jointly led by the Development Bank383 words
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Article821 1981-02-11 9 NYT IN A holiday-shortened week, the credit markets will grapple with the familiar questions about the state of the economy and the amount of credit the Federal Reserve intends to supply to the hanlring system. Since future changes in short-term interest rates will depend largely onNYT - 821 words
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Article1212 1981-02-11 9 NEW YORK THE NEW YORK stock market on Monday retreated in light trading despite «««thw prime rate cut as investors worried about the outlook for the economy and President Reagan's tax and budget proposals. The market opened Arm after Morgan Guaranty Trust cut its prime rate to 191,212 words
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MONEY AND EXCHANGE$
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Article423 1981-02-11 9 GENERAL concern over the Polish political crisis firmed up the US dollar against major currencies when the foreign exchange market opened yesterday. In Tokyo, It opened at 304.30/50 against the yen and eased off to close at 303J5/25. In the local market, the closing was 203.35/ 50 against423 words
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Article22 1981-02-11 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.5 per cent.22 words
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Article144 1981-02-11 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Feb 10. D8MMM Offer Btf 7 days 15 Vi 15* 1 month 17H 17v. 2 months 171/16 1615/16 3 months 17 3/16 171/16 6 months 17 16% 9 months 16'« 16H 12 months 16Vk 16 8w.Fra. Dm. iuijji. n144 words
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Article46 1981-02-11 9 RANGE of price* offered by discount house* on Feb 10: Overnight: 7V«* Call departs: to 7H* C1mJB« Bajiif S«Uiag 3-month Treasury bills 6 15/10 0 13/10 3-month Bank bills 13% 13*. 3 months CD 12H 12'* 0 months CD 12 11H Source: National Discount Co46 words
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Article170 1981-02-11 9 THE dollar for overnight delivery closed easier at 203.20 yen, compared with a 204.10 opening here, a 203.65/75 close in New York and 204.20 here on Monday, dealers said. Trading was active, with volume US$l.l6 billion. The dollar eased slowly in the afternoon to close at the day's lowest170 words
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Article161 1981-02-11 9 SINGAPORE gold futures yesterday weakened In the afternoon on some local selling influenced by softer overseas gold prices but the market still closed higher on balance compared with overnight levels. April closed firmer at U*****.50/532.50 an ounce compared with 527.50/528.00 on Monday, June at 545.50/ 547.00 compared with 542/546161 words
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Article41 1981-02-11 9 Mm Sal New York 14.12B 13 506 14 42S 13 80S Zurich 14 15B 13.558 14 55S Tmm 13S6S Maa Singapore 14Q6B 13.S0B 14 45S 13 90S Closing prtc in US dollars a troy ouna lb Source: Credit, S`pore41 words
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Article139 1981-02-11 9 THE dollar yesterday recovered from its low of 2.1280/ 90 marks, reached in late Hong kong trading, at the opening here, but was still lower than Monday's close here, dealers said. The US currency opened at 2.1340/50 marks after closing here on Monday at 2.1365/80 and in New York139 words
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Article143 1981-02-11 9 THE US dollar yesterday showed a significant fall against other major currencies, particularly the mark, in thin late trading, dealers said. It fell for technical reasons, including commercial selling and profittaking, and factors such as Polish developments, did not greatly affect the market. The dollar weakened noticeably against the143 words
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Article43 1981-02-11 9 FRANKFURT exchanges opening quotes on Feb 10: US 2.1220/35 Stg 4 900 990 Can 1.7827/52 DF1-92.08/21 S Fr 110 28 45 Lit 2.107/13 F Fr 43.32 39 NKr- 39.57/63 B FY (cor) r- 6.242 51 B FT (On) 6 205 215 Yea-LMqy»43 words
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1988 1981-02-11 10 BID and offer prices officially Hated and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Am* (3.348)1,988 words
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Article170 1981-02-11 10 ONGAPOBB UNTT TBU8T 0CB480NTAGL (IftftMfirr pntM tar FM m> (MiMfm' pHe« tar FM W 1ST The Commerce 3.80 4 00 L'nioo Spore Fund 1.S2 The Savingx Fund S'pore Prof Fund 115 1.(0 IX 1 68 INCOMB BOND UNTT S pore Sec. Fund S'pore Invest Fund 141 IS 153170 words
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Article2724 1981-02-11 10 Gr". Gr"« Net 1 MO/1981 Last Div Dhr YTd P/E Vol Day High Low Compaay Sale or- Crr (•000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 249 Aetna 336c rl unch 15.0 24 4.4 112 2 336 334 300 220 Alcorn 300 12.0 24 4.0 17.0 1962,724 words
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Article2068 1981-02-11 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange' yesterday with the number of share* traded shown in brackets In lots of 1,000 units, unless otherwise specified. INDUmiAIJI Almm (3 048 1106) (I) 3.10 (1) 3.0« AMD (1225) (10)2,068 words
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Article, Illustration575 1981-02-11 10 A MILD rekeaad towards the etoae rf tradtog yeatorday failed to reeaap toana laearred la the earlier part af toe day. After Maaday's wild ekaae far aerlp, toe market appeared to be taklag a kreatker yesterday to ak ■ark aad eaaaaidato aa toe galas already575 words
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Article606 1981-02-11 10 SHARE prices reacted slightly lower on the Kuala Lumpur Stock Exchange yesterday after days of sharp appreciations. The market had initially pushed further ahead on fresh buying and speculative sentiments. However, the higher levels soon 'drew in profit-takers which, coupled with apparently heavier scrip deliveries,606 words
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COMPANY NEWS
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402 1981-02-11 11 THE weak timber market last year has again led to a major reversal of fortunes at logging group North Borneo Timbers (NBT) for the first half year ended Nov 30, 1960, with prospects for an improvement in earnings for the rest of the financial402 words
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Article237 1981-02-11 11 MR MICHAEL Hildesley, has resigned as managing director of merchant bank Morgan GrenfeU (Asia). Mr Hildesley, who has worked in Singapore for nearly four years, resigned on Feb 4 and will return to Morgan Grenf ell International in London. He is also a director of the237 words
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Article166 1981-02-11 11 Reuter AFP THE Cmmea tf the Hssgkaag PelenttN at Stock Exahaages decided to continue the suspension of afternoon trading, a spokesman for the Kam Ngan Stock Exchange said. He said the decision was taken as the volume of trading is still very high, and that the position willReuter; AFP - 166 words
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Article82 1981-02-11 11 MALAYSIAN Feedmills yesterday announced it will sell 30 per cent of the share capital of subsidiary Tong Kwong Feedmills to the Sarawak state government in compliance with the New Economic Policy of Malaysia. Under the agreement with the state government, Malaysian Feedmills will sell82 words
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632 1981-02-11 11 By THE CITY STAFF THE Malayan United Industries (MUI) group has unveiled initial plans for a major thrust into the lucrative arena of property development. At the same time, it also gave first hints of how it plans to use nearly Msloo million in632 words
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295 1981-02-11 11 TANJONG Tin Dredging, the UK-incorporated tin mining company which was recently the subject of a tussle for control between Tien Ik Enterprises and Pahang Consolidated, has more than doubled its profit to £536,000 pre-tax for the financial year to Dec 31,1980. This is due295 words
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Article196 1981-02-11 11 PRESIDENT Marcos has rejected proposals by Fllippino stockbrokers and investors to suspend the present 10 per cent capital gains tax on stock transactions. "We will have to continue with it, unless stockbrokers can convince us there is discrimination or unfairness," he said. The 10 per cent196 words
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731 1981-02-11 11 KADIR JASIN - By KADIR JASIN EVEN though Permodalan Nasional Bhd, the operating arm of the Yayasan Pelaburan Bumiputra (Bumiputra Investment Foundation), will be the largest investment company acquiring shares far bumiputras, its policy guidelines make it clear that it will not compete with other bumiputra investors. Over731 words
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116 1981-02-11 11 MALAYSIAN hotel group Fftker Merita has abandoned the proposed acquisition of an equity interest in Holiday Inn Pattaya, a hotel in Thailand. Announcing this yesterday, Faber Merlin said the Malaysian Capital Issues Committee did not approve its proposal to purchase 400,000 cumulative participating preference116 words
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Article, Illustration638 1981-02-11 11 mm*** by HOCK LOCK SIEW THE current hectic activity in the stockmarkets of Singapore and Malaysia mirrors, to some extent, the numerous corporate manoeuvres taking place behind the scenes. These developments, unseen by the eyes of the ordinary investor, concern mainly Malaysian-based companies, and their final outcomeby HOCK LOCK SIEW - 638 words
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Article138 1981-02-11 11 SHAREHOLDERS of Skaagrt-L* have approved the special resolution to alter one of the company's Articles of Association. Article 3 has been altered to read: The authorised share capital of the company is $100 million divided into 100 million shares of $1-00 each with power for the company to138 words
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Page 11 Advertisements
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Advertisement95 1981-02-11 11 HONG KONG: REAR BASE FOR OIL EXPLORATION IN THE SOUTH CHINA SEA Second Petroleum News Conference on Hong Kong the Energy Development of Southern China Theme of (he 1981 conference: commercial opportunities for Hong Kong-bawd services and facilities in support of drilling offshore southern China, Registration fee US$5OO. The Regent,95 words
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Advertisement46 1981-02-11 11 Jan Turnover and value at the Stock Exchange of Singapore Turnover Val 154,566 31,028 28,030 32,983 4,298 9,923 8,039 268,867 Most Active stocks Faber Merlin Haw Par Malayan Credit City Development UOB Keppel Shipyard Sime Darby UMW UOL Ameol Malayan Tin UE Pan Electric DBS Harimau46 words
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Advertisement435 1981-02-11 11 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia OH Directory 1980-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve all sectors of the oil industry. It is the most comprehensive and in-depth coverage435 words
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SHIPPING TIMES
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194 1981-02-11 12 NORWAY'S approximately 26,000 shipyard workers are ensured full employment for the next two years, according to an investigation carried out by the Norwegian Broadcasting Corporation. This favourable situation is mainly attributed to orders from the oil industry rigs, gas ships and supply ships194 words
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714 1981-02-11 12 G DURAIRAJ - By G DURAIRAJ A SPECIAL task force formed by the Malaysian government to look into the problem of congestion in the various ports will soon submit a comprehensive report on its findings to the Malaysian Transport Minister Datuk Lee San Choon. The report714 words
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PORTSIDES
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Article106 1981-02-11 12 THE "advanced booking" system Introduced by the Panama Canal Commission to reduce the crisis backlog of vessels waiting to use the waterway is apparently working well. The system was launched on Jan 11 when ships approaching the canal were allowed to book passage 3 to 13 days106 words
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Article31 1981-02-11 12 Reuter THE Australia/Thailand Outward Shipping Conference will raise the bunker adjustment factor (BAF) applicable on this trade to 14.44 per cent from 11.02 per cent, effective Feb 16. ReuterReuter - 31 words
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Article75 1981-02-11 12 AFP INDONESIA is planning to build hospital ships to operate in remote islands throughout the country, Indonesian Health Minister Suwardjono said. The ships, at the first stage, will operate in eastern part of Indonesia, he told reporters after talks with President Suharto. Indonesia is to receive aid ofAFP - 75 words
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Article53 1981-02-11 12 AFP SIX Greek repair workers were killed in an explosion aboard the Norwegian natural gas tanker the Troika, berthed at the port of Eleussis, 20 km west of Athens, port authorities said. No other crew members were aboard the ship at the time of the explosion, theAFP - 53 words
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Article697 1981-02-11 12 SMffUgUae P»«e C*l Achipelego vn 3 Adriatic TV 3 Afea VI 3 Atro-Eurasia VI S All tram VI i Alpac VI 5 Angtautan' VI Angonave vm s anl i 1 AntoU vin 1 APL m 4/5 Argentine IV 4 ASCL m 1 Asia Merchant VI 4 Bait-Orient697 words
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379 1981-02-11 13 YOUNG doctors will be encouraged to specialise and the intake of trainee nurses will be stepped up to improve the quality and scope of Singapore's public health services. The Government will also invite renowned foreign consultants for short teaching stints here. If necessary,379 words
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495 1981-02-11 13 THE GOVERNMENT will spend |820 million over the next five years extending sewerage and drainage systems to control water pollution. It will also set emission standards for new vehicles, and may amend existing laws to control environmental pollution caused by chemical and petrochemical495 words
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268 1981-02-11 13 A DISTRICT court yesterday freed without punishment 15 Singapore Airlines (SIA) pilots who had earlier pleaded guilty to organising a work-to-rule in violation of trade union laws. The court, however, imposed a fine of $1,000 on the Singapore Airlines Pilots Association (Siapa) for the same268 words
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Article412 1981-02-11 13 THE NTUC Welcome consumers' cooperative has come a long way since its formation in July 1973. It plays an important role in stabilising the price of rice, and has achieved a market share of more than 25 per cent in the retailing of412 words
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Article68 1981-02-11 13 UPI VOSPER, the Singaporebased shipbuilding subsidiary of Vosper Ltd of England, has won two contracts totalling over US$25 million for the construction of firefighting and fast patrol boats for the Saudi Arabian and Malaysian governments. The Saudi Ports Authority ordered three 32-metre firefighting boats worth $18 millionUPI - 68 words
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188 1981-02-11 13 THE SINGAPORE spot oil market has been generally flat this year with few deals done. Oil traders said the deals done so far through Singapore or Singapore-based traders have been for gasoil or diesel for India. The Indians are asking for about188 words
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Article769 1981-02-11 13 LONDON, Tues Equities moved higher today while government bonds closed little changed on balance following the banking figures. At 3 pm, the Financial Times index was up 4.7 points 485.6. Equities were quiet, probably ahead of the offering of shares in British Aerospace on Friday, dealers said. Banks769 words
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Article82 1981-02-11 13 AP NEW YORK, Tues. The stock market dropped again this morning in a retreat led by oil companies. The Dow Jones average of 30 industrial stocks fell I.K points to 945.22 in the first half hour. Declines held an almost 2-to-l edge over advances among NYSE-listed issues.AP - 82 words
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Article847 1981-02-11 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping < Gdn i Mode of Name No. Time of Lines Operatn Arrival Date Time HK Express 44/407 ***** 2200 Seganl TA 3 VC Ever Vigor 55-09E 122.81 1400 Green Asia 50 TT Bristol847 words
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Article1482 1981-02-11 14 RATES generally appeared slightly steadier on Monday for grain business out oI North America with US$33.50 paid for 30,000 tons from the US Gulf to Japan in Mch, up 25 cents, while a steady $29 was agreed for 46,000 tons over same voyage in Feb. An unchanged $25.501,482 words
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Article477 1981-02-11 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Aktubinsk (Tanker) (1100 bulk Tallow subject gas free) 15/16 Bunga Seroja (after Bunga Orkid UTM/L must starboard alongside) 33/34 Hiryu H (RO/RO) (1500 tide after Nedlloyd Adelaide must starboard alongside) 3/4 Kota Timur (0530 hauls 26m West) 8/9 Kota Bakti (0700 after477 words
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310 1981-02-11 15 CARGO-HANDLING capaci ty of India's ports could increase by 30 per cent at the end of the sixth plan which tentatively provides R55,480 million for port development. Port capacity would go up to 48.5 million tonnes from 38.5 million tonnes, with coal shipments rising310 words
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Article, Illustration261 1981-02-11 15 SEMBAWANG Shipyard recently decked three AP Mailer's supertankers la Its yard, bringing In almest a millien deadweight tsas, er precisely 115,751 dwt, ts The Orst ts arrive at the yard was the 28MM dwt Jfagins Maenk, fsllswed by the 9M» dwt JKnms Maenk. The261 words
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731 1981-02-11 15 Shipping and Trade News FIVE north African countries Egypt, Libya, Tunisia, Algeria and Morocco are rapidly expanding their merchant fleets. They believe that the raising of cargo loading ratios by their own vessels in their external trades is vital for the improvement of theirShipping and Trade News - 731 words
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266 1981-02-11 15 US Pacific north west ports are preparing to serve the expanding Far East coal market. New coal export facilities are to be built at the Port of Vancouver, British Columbia, and the port of Belling ham, Washington. Seattle and other Puget Sound266 words
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1087 1981-02-11 19 SCHEDULE The list below tabuulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Fort of Singapore. Advance dates are published at a maximum of three weeks. PN1,087 words
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Article229 1981-02-11 20 MEDIUM speed dlesel engines total energy calculations and life cycle costing Feb 10, 1730 hr, Institute of Marine Engineers, 76 Mark Lane, London EC3. OtM'Sl, offshore Inspection, repair and maintenance exhibition aid conference, Royal Highland Exhibition Feb 10 12, Ingliston, Edinburgh. Marine and port technologies a look into229 words
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Article784 1981-02-11 20 AFP RATES continued easing on the freight market last week, although conditions were a little more active than recently, particularly in the US Pacific grain trade and time-chartering However, the recent attention shown to ore cargoes was less in evidence. Behind the softer trend wasAFP - 784 words
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Article503 1981-02-11 20 AP EVERY Thursday, they have a war. Ships weigh anchor at dawn and steam seaward. They engage the enemy, fire missiles, torpedoes and cannon shells, repel air attacks and take evasive action. If all goes badly they %re declared sunk. Then it's tea time. The ThursdayAP - 503 words
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Page 12 Advertisements
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Advertisement545 1981-02-11 12 Everett Lines fO« THI MOST E*EQUENT SAILINGS TO BAN<jKOK HONG KONG JAPAN* BUS AN CHIT T AGONG CALCUTTA CHALNA RANGOON BUENOS AIRES MANZANILIO ACAPUICO Everett Steamship Corpn. S/A CUMord Centre Singapore 1 Tel ***** 9 36. Beach Street. Penang Rm 36 103 OCBC Bldg lei ***** 3 Port Kelang Agents545 words
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Advertisement207 1981-02-11 12 HSEALORDH UASC UNITED ARAB SHIPPING CO (SAG/ EXPRESS MULTI-PURPOSE SERVICES Loading tor 1 FULLY CONTAINERISED SERVICE Iraq cargo acceptable intransrt js'part Loading for Dubai (22/2) Kuwait (23/2) Dammam (27/2). Mina Qaboos (1/3)' Abu Dhat» (3/3) Doha (5/3) Bahram (7/3) Dubai <5/3) Kuwait (7/3) Damnum (11/3). Mma Qaboos (13/3) Abu Dhabi207 words
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Advertisement14 1981-02-11 12 MS CONTAINER Schedules LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather SHIPPING Events14 words
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Advertisement586 1981-02-11 12 MILLION MILES MARINE (PTE) LTD. SHIP CHANOLERING (Sales Services) AGENTS USTMBUTORS STOCKISTS. Deck, Engine, Provisions Dry Frozen, Bond Galley Suppliers. Add 463, Mocpherson Rd S'pore 1336 TEL *****21 (10 hoes) Office on the wire *****1 I (24 HRS) MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, OULF, ATLANTIC, EAST586 words
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Page 13 Advertisements
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Advertisement59 1981-02-11 13 Effective February 11, 1981, the next six month interest rote for the U5520,000,000 THE BANK OF TOKYO LTD Asion Floating Rate Certificate of Deposit due August 11, 1982 shall change from 10- V* %to 16- 7 Reference Agent: CREDIT SUISSE FIRST BOSTON (ASIA) LIMITED Reference Banks: BANK OF AMERICA NT59 words
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Advertisement231 1981-02-11 13 E2 NTAS BUSINESS CLASS Cc m f 4 J i» tIs 1 «i ?5 -tl at. U I 5 I n ft •sH>2 Fruit basket 16 seat cabin occupying the upper deck, with its own senior steward and own washroom. Choice of cheeses Separate check-in with priority baggage handling. Free231 words
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Page 13 Miscellaneous
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Miscellaneous60 1981-02-11 13 Outlook for Singapore from a.m. to 1 p.m. today: Mostly fair and windy. Report for 24 boors prior to 7M p.m. m Feb II at tbe airport. Maximum temperature 31.4 Associated humidity 55 Minimum temperature 23.7 Associated humidity 95 Hours of sunshine 9.60 Rainfall in millimetres nil Total rainfall for60 words
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Page 14 Advertisements
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Advertisement807 1981-02-11 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE CpntaMr Service Feeder *P Kelang Vessel B DAHLIA Sated WHOM B PENAGA 15/2 StLANDIA B DAHLIA 22/2 B SURM B PENAGA 1/3807 words
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Advertisement195 1981-02-11 14 SUPERCARRIER SERVICE TO: PANAMA US ATLANTIC E. CANADA US GULF 4/5 2/5 un ivs 2V5 CALIFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE F,*^T»ln.T-nrH 12 3 12/3 UO ACCEPT* KJ Mata Nn Ota, IMfc M Ui Aaptn TO: VENEZUELA C ARRIBE AN r ATLANTIC E. CANADA GULFBis H3I ■i MM 21/2195 words
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Page 15 Advertisements
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Advertisement881 1981-02-11 15 Overseas M Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAiOSHP SOIWCt TO UK/COMTMHT: HTjutj Adam S'pere PKalaag D'mart Bran A'anrp □be Mara 13 Feb 14 Fab S Mar 7 Mar I Mar Bamttnr 21 Fit 13 Mar IS Mar It Mar881 words
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Advertisement443 1981-02-11 15 I pfjQ Franco Belgian Services Ih it F,n' s, r» in }•>; li, t:r h <Vrr J l r f sural P ALLANS UKm I'ta KW| rttwa «W| 12FA UFA 3MB 4Mb IM» *MB 11 MB Fill CONTMOSV SOtTO FVCM EUROPE IMB IMB 1)MB 14 MB UMB QmONU 14 MB443 words
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Page 16 Advertisements
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Advertisement630 1981-02-11 16 4KHapag-Uoyd TO NORTH EUROPE Üb« Mara 1J 2 14 2 Bffutts* Hongkont Eipress 25 2 27 2 Harntowg Eipress 6 3 loluo Eipress 11 J TO tgMTERRMtA TW HK Medrtenanea U 2 13 2 Ircole Lauro 18 2 20 2 Ment Btoic Mara 29 2 31 2 TO NORTH EUROPt/ICMTERRAItA630 words
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Advertisement753 1981-02-11 16 KOREA M CORPN P. K elan j PENANG S PORE VEGA 157W 22-26 Feb 27/2-1/3 2-5 March FROM BUS AN BANGKOK VEGA IHE 22-26 Feb 27/2-1/3 2-5 March TO BUSAN ALTAR 161W 12-15 March 16-18 March 20-23 March FROM BUSAN BANGKOK ALTAR 162E 12-15 March 16-18 March 20-23 March TO753 words
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Advertisement492 1981-02-11 16 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPT WG CARGO FOR HAMBURG EEIIXSTOWE ROTTERDAM ANTWERP IE HAVRE AISO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONOON MANCHESTER. BIRMINGHAM BRISTOI. LIVERPOOL GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOOANO AMSTERDAM Sport M Hamtoiaf Rotterdam Filiilm Mvvp Lc Hiwi E»«r loyal 22/02 V 0314/03492 words
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Advertisement861 1981-02-11 16 um 1* Burma Fiva Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON HIMIMTNI naSHWGTUKTNI HT 010 TWA PKeUnf Pcnjx| i C Aaenr* m Moloy»o BOUSTEAt TEL NOS KL *****2/ 4fi 1309 CompMM AraMtiM Da Compania Argentina Da Navaaaciow Intarcominafltai S. A. C.I.F. "ARGENTINE NATIONAL LINE" 10MNNG FOR DURBAN MONTEWEO861 words
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Advertisement428 1981-02-11 16 r mo.s.E. OCEAN SNIPPING ENTERPRISES PTE LTD 31 SANKYO LINE JAPAN/STRAITS SERVICE gemral agents CONTAMER BOORMG SUB AGENTS P RUANG ocean twin i enterprises pte ltd smutm m ******4/*****1370 K libmr m wm OCEAN HfR STORE TU *****44,7 MULI CONTMn P. KEUME TU (347. R973/4 EAST ASM IWIK m 3»428 words
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Page 17 Advertisements
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Advertisement484 1981-02-11 17 k. PIL GROUP EAST AFRICA/REDSEA SERVICE Singapore P.Kalang Panang Loading for: Singapore P.Kalang KOTA CANTIK 20/24 Fob Loading lor: Aqaba, Hodaidah. SINGAPORE/CHITTAGONG/RANGOON/SERVICES KOTABUANA. Singapore 15/20 Fab Loading For: Chittagong, Madras KOTA GAJAH SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES KOTA PERWIRA 22/25 Fob JAKARTA KOTA SINGA KOTAPAHLAWAN 26/2 Mar CIREBON KOTA JADE KOTA BINTANG484 words
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Advertisement189 1981-02-11 17 vj BLUE STAR LINE 1f« SING r A o PORE NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND. WELLINGTON. CHRISTCHURCH FIJI SHIP AUSTRALIA STAR NEW ZEALAND STAR SALS SPOKE NEW PLYMOUTH MAR MAR APRIL APR*. PT CHALMERS MAR APRIL SPORE189 words
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Advertisement725 1981-02-11 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE HBURG B HAVEN ROAM S pore P Ketanf W Germany Austria Antwerp HaifAait Eaprni IMa| Eiprni late Eiprets KattfaMam Pawt/Eimt 13/2 14/2 n/2 2V2 27/2 VI 11/3 11/3 5/1 7/J 11/3 15/3 li/3 28/3 22/3 23/3 28/3 21/3 29/3 31/3 1/4 21/3725 words
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Advertisement715 1981-02-11 17 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN R Si P *el*ntPen*ni MotV< Feeder Feeder vessel Spom BDM l* SM tootnole WhON In Po' B PfNAGA 13 7 tM» SFLMCM♦ 17'? B DAMIA 71/7 B SUM H/I B PENAGA ?7 7 WD ««U 3 3 B DAMIA 6 3715 words
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Advertisement563 1981-02-11 17 1 t BOUSTEAD SHIPPING AGENCIES \v BANK LINE FOR REUNION SOUTH AFRICA SHIRRA BANK i SINGAPORE 30/3 do Reunion 11/4 Durbon 16/4 Capetown 23/4 P* Eli* 21/4 I also accepting East I ondon and Maputo cargoi Lines U.S. WEST COAST SERVICE Direct trom SFO lOcti SPOfif ASHLEY LTKES Sid Sid563 words
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Page 18 Advertisements
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Advertisement865 1981-02-11 18 EXPRESS CONTAINER SERVICES 1 TO NORTH AMERICA FEEDER wsais* Word Star V I PK SP 13/2 MOTXR WSSEIS Tmuthn Maru Lore bit Bndff lapan Ambrose IQ/3 iter Ace 05* *2/2 20/2 Kaihi Mini 14/3 24/ 3 Wa.aMan, 10/3 »/3 Ne* tort Maru 17/3 *V« Carter feeder testeh afco a«ad)We on865 words
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Advertisement677 1981-02-11 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE loadnf IOS ANGELES SAN FRANCISCO. SEATTLE. TACOMA VANCOUVER BC Acceptmf FCI/FCI Contaawri AUSTRALIA EXPRESS CONTAINER SERVICE FCI/FCI Contaawrj P Ming Spore Bfi Metb *de< S,d RAWDAS 20 Feb 21 Feb 6 MUr 1? Mar 19 Mar KABMOAS 24 Mar 25 Mar 8 Apr677 words
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Advertisement798 1981-02-11 18 3 /V(ir«up SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 ARRETING *****2 (3 LINESI GENERAL *****1 114 LINESI TERMINAL OFFICE *****83 LEX RS ***** RS ***** A B CARSMIP CABLE CARGOSHIP raaf (Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK SKIBHUM SOI BHUM SKI SKI SMI SJRI SKI798 words
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Advertisement686 1981-02-11 18 "korins maritime services Room 601, ICB Building. Shenton Way. Singapore Tel: *****22 2225 i 67 PTE LTD MIDDLE EAST/RED SEA/EUROPE SERVICES STORE P KELANG LOAOMG FOR BORNEO 13 Ftb IS FA CMtapnt SUMATRA IS ftb 17 fab Chabu A VESSEL 3 MB Atcapto« urp tor Mt6tonanoan Porti Mbpct to hi—l686 words
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Advertisement715 1981-02-11 18 INTRASEA (PTE) Faber House 234E Orchard Road Singapore 9 Telephone **********4057 HE GUI M MDEPEMCNT SERVICE TO EUROPE S pore P. Keiang Penang »ar: NORASIA NBIO3 21 Fefc 3 Hank BOULOGM/RDAM/ UK (AVON) MTRASEA (PTE) LTD 23*2*11 BOOMS *****57 TEO SHTPWG TRADMG 480(44. *****2. 480(78 MTDI OVERSEAS MAJHTME SON M715 words
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Page 19 Advertisements
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Advertisement452 1981-02-11 19 TO EUROPE/UK (VIA SUEZ): Containers Feedered to/from F'stowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): TO AND FROM AUSTRALIA. Also accepting cargo to/from Bangkok and E. Malaysia. 'Carriers option to proceed via other ports Discharging only TO WEST COAST (USA)/CANADA Also accepting LCI c*(o to Oakland, long Beach452 words
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Advertisement87 1981-02-11 19 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Swtes 1311/1312, Shaw Towers. Beach Rd Smppofe 0718 riTTi> i > t. K accepting FCI/ICL Cargo tor Austrafia All Ports New Zealand Auckland, Lyttleton Sri Lanka —Colombo United Kingdom —All Major City Terminals. Call *****81. SWETIAN SINGAPORE (PTE) LTD Booking: Tel *****9/*****9/*****7 TELEX: R*****587 words
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Advertisement342 1981-02-11 19 MALDIVE LINES ETA ETA ETA STORE KUANTAN PORT KELANG MALDIVE NEIGHBOUR 19/2 Loading For Duhai/Dammam/ Kuwait MALDIVE PEACE 20/2 Loading for Bahrein/Kuwait i MALDIVE MAGE 19/2 .Loading tor Kuwait MALDIVE PIONEER 20/2 Loading For Jeddah MALDIVE MPORTER 17/2 Loading For Male MALDIVE PROGRESS 19/2 Loading For Muscat/ Khorttakan/Dubai/Abu Dhabi MALDIVE342 words
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Advertisement285 1981-02-11 19 NOTICE M.V. CHERRY SINDIA VOY 8/81 ARRIVED 8/2/81 AT KEPPEL WHARF ODN 27/28 GENERAL SURVEY] ON DAMAGED CARGOES DISCHARGE EX THE ABOVE VESSEL WILL BE HELD ON FRIDAY 13TH FEB 1981 FROM 0930 TO'l2oo. NO FURTHER SURVEY WILL BE HELD AFTER THIS DATE.' PERKAPALAN LAUTAN BIRU SON BHD SABAH Is285 words
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Page 20 Advertisements
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Advertisement381 1981-02-11 20 id ANTOLL LINES Owed B Is to Adelaide Melbourne, Sydney. Brisbane Independent FCL Container Conventional Liner Service SlNG»PO»( I N SHIPPING PT[ I TO 1401 5 Rob*ia House Shenton Singapore 0106 Hi OS ***** Tel *****11 Bkgs *****43 *TST MAIAYSIA HSH (Mi Sdn Btid K1 Te! *****3 *****7 Pt Kei381 words
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Advertisement339 1981-02-11 20 PRACHT (MALAYSIA) Pracht SDN. BHD. REGULAR INDEPENDENT CONSOLIDATION TO I THE I FOLLOWING PORTS:VESSELS ETA POUT KELANG LOADING FOR 4/2,21/2.2/3,21/3 •Colombo, Bombay, Karachi 31/1, 6/2. 9/2, 15/2 Hong Kong, Torwon, Morula 18/2*22/2 Jakarta, Tokyo, Yokohama, Kobe 31/1, 4/2, *7/2, 13/2, 17/2, 19/2, 27/2 UK. Europe FOR BOOKINGS ENQUIRIES FCL S339 words
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Advertisement259 1981-02-11 20 PERKAPALAN LAUTAN BIRU SON. BHD. P O Bo* 220. koMa knabalu Sjbjb bcuai ua savia Sabati Sarawak Bangkok Sngapore Port keiang SEALJON SHIPPING (M) SDN. BHD. Tel: 38-7754, 38-7479, 38-9851 Tlx: MA***** SEJAMA SHIPPING A TRANSPORT SDN BHD. Tel *****1, *****2 Tlx: MA***** SEALJON SHIPPING PTE. LTD. Tel: *****81 Tlx:259 words
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Advertisement352 1981-02-11 20 THAI YANG SHIPPING CO. SDN. BHD. M INN VMS *1 nw TIME HI. CNOON VMS VOT 2/11 11/11 FA m WT l/ll 4/5 M. IW wr i/ii aw mr NAM HUA SHIPPING SON BHD m m mm mm no i t/u is/u fa mi mmmmm mi j i/n «/s m>352 words
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Advertisement167 1981-02-11 20 P.T. BHINNEKA LINES bulk soma for rem piywooo T. Ajref H» HO CNUNC V. 2V815 FM (BIT 1974) S pore P KcUnc Loadm ter 21 FM 23 Fib Mm*/ P. St. Lm/ Tritste/lln SAGASIA PTE LTD. (LOUS DREYFUS GROUP OF COWANES) M *****55 (5 Um) TELEX; K 2CCM SESOS M|167 words
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Page 20 Miscellaneous
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Miscellaneous164 1981-02-11 20 Regional Weather fi A -0} 'A 4 0 I Efc y E* LLl£ C r*\ Win< Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C y Shower Weather >*-/ Wind direction with speed in knots Rain164 words
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