The Business Times, 13 February 1981

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, FEBRUARY 13,1181 60 CENTS
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  • BRIEFLY...
    • 67 1 Reuter WELLINGTON, Thurs. The $1.8 billion-a-year meat exports of New Zealand are threatened following the outbreak of "a suspected exotic disease" feared to be the highly contagious foot-and-mouth disease. The Minister for Agriculture, Mr Duncan MacIntyre, has quarantined the affected pig farm at Temuka, near Timaru in
      Reuter  -  67 words
    • 63 1 AP GENEVA, Thurs. Labour disputes were more numerous and laid off more workers in 1979 than the year before, but "on the average the strikes were of shorter duration," the International Labour Organisation said. Based on reports from 59 member countries, the Geneva-based organisation counted about 28,000
      AP  -  63 words
    • 66 1 UPI LONDON, Thurs. Malaysian Prime Minister Hussein Onn continues to make good progress in his recovery from last Saturday's heart surgery, a spokesman for the Harley Street Clinic said today. "The Prime Minister continues to make a normal recovery from surgery to correct a heart problem. He is
      UPI  -  66 words
    • 61 1 UPI NEW DELHI, Thurs. Two bomb blasts, suspected to be the work of saboteurs, badly damaged both government-owned All-India Radio transmitters in the troubled north-eastern state of Assam. The Press Trust of India said the blasts went off simultaneously at midnight yesterday at the government-owned radio networks
      UPI  -  61 words
    • 58 1 UPI JAKARTA, Thurs. Japan and the three states bordering the Malacca Strait Indonesia, Singapore and Malaysia have signed a memorandum of understanding on the funding of pollution control in the vital waterway, officials said today. The management of the fund will be on a fiveyear rotation basis with
      UPI  -  58 words
    • 76 1 AFP JAKARTA, Thurs. For the first time on record, workers of an Indonesian company here have asked the permission of the internal security agency, Kopkamtib, to launch a strike, newspapers reported. In a letter dated Feb 10, the trade union of Innismo Company, a dealer of Japanese motorcars,
      AFP  -  76 words
    • 84 1 Reuter PARIS, Thurs. Prices in major non-communist industrialised countries rose 12.9 per cent in 1960 compared with 9.8 per cent in 1979, the Organisation for Economic Cooperation and Development (OECD) said today. However, the OECD said inflation in its 24 member states had eased since mid-1960 when
      Reuter  -  84 words
  • 135 1 Rises 8m View MO 75 M Banking 1170 70 Metre Hldg* 1100 80 If 8 T 780 80 Tutk Cement S10 50 out MO 45 Cold Storage Saalion 480 42 570 40 C K Tu| 590 40 U M W 510 40 Keck Seng 462 32 N
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  • Article, Illustration
    137 1 Rises San View FE-L'ston UM Works Magnum C Storage Yeo HS (M) Oriental Allied Choc 1000 GOO 535 2440 496 550 730 185 120 45 +41 +40 36 +30 +30 +29 Falls BKawat Set Prop Gen tine MU Ind U 0 Bank 174 1580 1260 1770 625 -126
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  • 681 1  -  MINISTRY TO MEET UNIONS By FOO CHOY PENG and FONG MEW LENG JOB-HOPPING is not as serious as it has been made out to be and the recent corrective measures proposed by the Government are far too strong. Records from the Central Provident Fund show that
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  • 278 1 Reuter THE US dollar soared yesterday to its highest level for four years against the Swiss franc and to a threeyear high against the battered West German mark in European markets. It was boosted on thin and nervous European foreign exchange markets by speculation
    Reuter  -  278 words
  • 719 1  -  By HSUNG BEE HWA THE Government has decided to participate in a multi-million dollar integrated cement project on Pulau Langkawi, Malaysia. This may mean that within four years, cement will be available to Singapore contractors at a more competitive price. Details of the project were
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  • 381 1 SINGAPORE oil traders are adopting a wait-and-see attitude about participating in the new international oil futures market starting on April 6 at the London Petroleum Exchange. The new London oil futures market, they said, is based on the New York gas oil and heating oil futures
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  • 245 1 ONE af Stagapere'a leaden la tke pillag laataatry, Sam Cfceeag PlUag (Pie) Ltd, has wn eaatraete warth a total af $1N mllllaa far the aext' IS maaths. A beat M per eeal af theae ewtratU are gev« erameat prejeeto, partlealarly Haaatag aa4 Devel•pmeat
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  • 640 1  -  By MANO SABNANI City Editor THE stockmarket remained a hive of activity yesterday, with the hectic pace of two-way trading showing little sign of abating against a background of numerous corporate developments. As buyers swithcbed rapidly from one group of stocks into another, the
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  • Page 1 Advertisements
    • 11 1 I Tifrifc'i iffi copy quality. And stability. n Lk k! a
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    • 36 1 IF TRETORN £ong Lasting Tennis Ball Available at all leading depart mental and sports stores The Official Ball For National Tournaments Sole Agent Wholesale Tel *****4 *****4 U/VIIW7IV> j Retail Tel *****6 *****3 Thp Sport'. PfOfr/p
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    • 62 1 Leader...page C AQUINO decide* to return to Mani1a...................................... 2 JOHN Wiley forms local subsidiary 5 PROPERTY ontleek in KL pr0mi5ing................................. 7 SHIPPING TIMES COMMERCIAL banks Increase share of national savings PERAk Carbide moves farther into pr0perty............................. 11 MAKING Singapore an international communications centre.... 12 CROSSWORD f, TV AND RADIO I,
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    • 151 1 SA a HERMES SWISS PRECISION k You get more value from the Hermes 808 than any other ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter, you know you're in the hands of a very special machine. There is no manual
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  • REGIONAL
    • 341 2 Reuter THE PHILIPPINE Central Bank has pumped 575 million pesos (about US$76 million) into several financial institutions in the country hit by a run on their money after the disappearance of a prominent businessman, bank governor Jaime Laya said. Official investigators said businessman-banker
      Reuter  -  341 words
    • 387 2 AFP PHILIPPINE opposition leader Benigno Aquino yesterday dramatically announced that he is returning soon to the Philippines, possibly before the arrival of Pope John Paul n on Feb 17 and risk imprisonment if need be. He disclosed this in a telephone call from
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    • 275 2 Reuter 80UTH Kmt'i former umy strsagmaa, Prastdeat Chan Dm Hwu, yesterday mi iwrri d i new seveayear term sf sfflcc darlag wklck he kw pledged he will wsrk to bring democracy to the esaatry. The gsverament eeatral electton maaagemeat esromlttee said President Chaa's
      Reuter  -  275 words
    • 329 2 Reuter JAPAN is studying ways to match credit terms given by Western nations for industrial plant exports, which recently have placed Japanese companies at a disadvantage in competing for orders. Official Japanese sources yesterday said the measures are expected to include combinations of credits from the
      Reuter  -  329 words
    • 319 2 UPI JAPAN'S Hino Motors said yesterday that it is "studying the possibility of building" a bus manufacturing plant in New York but denied having worked out a timetable for the plan. "We certainly have discussed (with New York Governor Hugh Carey)
      UPI  -  319 words
    • 139 2 Reuter THE CHINA Technical Import Corporation has asked a West German consortium to suspend a 1.3 billion mark contract to construct a cold rolling steel mill at Baoshan, near Shanghai. Schloemann-siemag AG, which leads the consortium, said no decision has been reached on the
      Reuter  -  139 words
    • 666 2 NYT HONGKONG is emerging as an increasingly important trading partner for South Africa, offering Pretoria an eager market for gold and diamonds as well as a chance to trade quietly with China. South Africa is barred from doing business in much
      NYT  -  666 words
    • THE REGION IN BRIEF
      • 458 2 Agencies THE number of corporate bankruptcies in Japan remained at a high level in January with many small companies forced to close down because of poor business conditions. The Tokyo Commerce and Industry Research Company yesterday said thet-e were 1,313 bankruptcies in January, with debts totalling 201.07 billion
        Agencies  -  458 words
    • 806 2 ARRIVALS Service Local Operator Number Tine From PAA PA 005 0030 JEK/SPOHKG MAS MH601 0630 KUL SIA SQ580 710 MAA SLA SQ528 0710 DHA TMA TL341 0600 BEY/DXB SIA SQ101 0815 KUL MAS MH605 6830 KUL MAS MH621 0835 PEN RBA BI427 0930 BWN MAS MH671 0930
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  • Page 2 Advertisements
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  • OVERSEAS
    • 466 3 Reuter THE new president of the EEC Commission, Gaston Thorn, on Wednesday attacked Common Market member governments for hindering development of the Community, and he promised an era of reform and efficiency in EEC affairs. Mr Thorn, in a major policy speech to
      Reuter  -  466 words
    • 182 3 Reuter AYATOLLAH Ruhollah Khomeiny, making a fresh appeal for national unity, has ordered Iran's Muslim clergy to stop interfering in areas outside their competence. In one of his sharpest rebukes of clergy involvement in the political disputes dividing Iran, the 80-year-old revolutionary leader said undue interference in
      Reuter  -  182 words
    • WORLD IN BRIEF
      • 359 3 Agencies THE impact of the current recession in Britain will probably turn out to be twice as bad as forecast in the budget last year, according to the latest treasury figures. In an article in its monthly economic progress report, the treasury said output will have fallen
        Agencies  -  359 words
    • 356 3 Reuter A BRITISH Member of Parliament has accused the Canadian government of "beating the anti-colonialist drum" in the present controversy involving Canada's constitution. Sir Anthony Kershaw, chairman of a parliamentary committee on the proposed official return of the constitution to Canadian jurisdiction,
      Reuter  -  356 words
    • 556 3 NYT LEGISLATION to create major American export trading companies by exempting them from key provisions of antitrust and banking laws has been introduced in the US Congress by a bipartisan group of influential Congressmen. The Export Trading Company Act of 1961, introduced in both
      NYT  -  556 words
    • 432 3 Reuter POLAND'S newly elected soldierPrime Minister, facing a strike threat by farmers, is expected to outline fresh and more forceful ways of tackling the country's seven-month-old labour crisis. Cabinet changes are also likely to be announced by General Wojciech Jaruzelsld, 57, when he makes his
      Reuter  -  432 words
    • 389 3 NYT US DEFENCE Secretary Caspar Weinberger on Wednesday ruled out any immediate resumption of arms control talks with the Soviet Union, saying the United States must negotiate from a position of greater military strength than it has now. "I don't feel that
      NYT  -  389 words
    • 167 3 Reuter THE SOVIET Union, annoyed with the Reagan Administration's statements about it, took the unusual step of publishing a letter Soviet Foreign Minister Andrei Gromyko sent to Secretary of State Alexander Haig. The letter, released in Washington, accused the new administration of "clearly tendentious" statements
      Reuter  -  167 words
  • Page 3 Advertisements
    • 129 3 THE MANDARIN PLAYHOUSE PRESENTS WORDS MtISIC of Rodgers and Hart FEB 16-19,1981- MANDARIN COURT A dazzling revue from London capturing the America of Rodgers and Hart. Through such ageless favourites as "Manhattan", 'With a Song in my Heart" and "Blue Moon". Performed by London's leading stage talents, Mark Wynter and
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    • 203 3 Jl L j k built stronger to last longer. Ford Econovan s S. Ford Courier o V. L. J Imported direct from Japan. Now there are vehicles that can make more money for you. Ford trucks and vans have a longestablished and enviable reputation for rugged reliability. They are built
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  • RAW MATERIALS
    • 198 4 WHEAT futures in Chicago on Wednesday closed near the middle of a five cent range, down V« cent a bushel in near March to up 3Mi cents. Active bear spreading, buying back months/selling nearbys, on trade anticipation that spread premiums will continue to widen, featured trade, sources said. The
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    • 251 4 SOYBEAN futures in Chicago «1 Wednesday ended near the top of a IVi cent range, up IV* to IV4 cents a bushel in slow turnover. Late purchasing by the Professional house, estimated at 1.0 million bushels of March, in otherwise thin ftoaHftg* carried values back up to day's highs.
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    • 213 4 THE Singapore market closed slightly higher with March One RSS buyers quoted at 279.25 cents a kilo, down 0.25 cent from Wednesday's close. Morning prices were marked up about one cent on covering interest after an easier opening. Prices eased slightly in afternoon dealings on some speculative releases. In
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    • 291 4 RAS prices in cenU per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt l.o.b. 717.50 278.50N Int. 1 R.S.S. March 280 00 2W.50 Int. 1 R.S.S. April 283 50 284.00 Int. 2 R.S.S. X1J0 2S2.50N UK/Coot MOJO 261.50N lat. 3 R.S.S. 258.50 258JON UK/Coot 257.50
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    • 100 4 NOON SSI ft Md SMR prieaa ymt ardajr ■AS SSR20 SSR 60 (1 -too pallat) (l-toa pallat) Hank (Carnal Mtk) Bayara Sailsra 244 00 245 00N MOJO 241 SON April (Forward Mtk) Bayara Baliara 246.00 248.00N ***** 244 SON SMRCV SMRL SMRS SMRGP SMR 10 (l ion
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    • 72 4 THE STRAITS ttla price la Peaang yesterday NM 29 eeats te MSSI.BI a kilo, still within the litMUttMttl Tla Agreement's middle raage price sf $91.11 te $92.14, dealers said. The rise was maialy attributed te Iswer dlspssals sf tla despite easier sveralght Lsadsa advices aad reduced baying sappsrt
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    • 33 4 Rubber: Feb 12 Singapore: March: 270.25 cents (down 0.25 cent) Malay ain: March: 301.75 centa (unchanged) Tin: M 530.80 per kilo (up 20 centa) Official offering: 00 tonnea (down 45.43 tonnea)
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    • 85 4 THE Malaysian Minister of Finance has fixed these rates for the period from Feb 12 until further notice: Batter: 306 Vi cents a kilo for RSSOne; Cepra: MJT9O.OO a tonne; PalH kernel: $965.75 a tonne; White pepper: $3,790.60 a tonne; Black pepper: $2,591.60 a tonne; The rates
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    • 178 4 CHINESE Preface Ezekaage, Stagapare, aaaa rl—lag prim per IN kg yesterday. Cmmml all: Bulk fob $129 00 tellers, old drum (in second hand drum) fob $139 00 sellers, new drum fob $145.00 sellers. Cspra: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $427.50 sellers, Sarawak
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday (In HK dollars, spot ex-go-down) Csttsa yarn: China Blue Phoenix 20i 2,180; 32a 2,750. 40a 3,000 (per bale of 400 lbs). Ptoee gssds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 324 4 BINGAPOBE: Yesterday's closing prices in S$ per kUo, ex-godown: THAI WHITE: 100 per cent first clam (Kangaroo) new crop 1.17, 100 per cent secood class 0.97, 100 per cent third class 0.96, 25 per cent new crop no stock, B-lfl per cent 0.85. THAI BROKEN: A-euper 0.77, Special 0.75.
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    • 862 4 COPTEE: Robusta futures yesterday closed the morning steady with losses in near months of not more than £2 a tonne from Wednesday. Thinly traded deferred months were up to £9 lower. Turnover was 682 lots including four options and around 286 lots of cross and switch trades. Switch
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    • 126 4 IN THE Kuala Lumpur market, prices ruled steady on short-covering for nearby positions in quiet trading, dealers said. In the central region March gained MJ7.50 to $1,002.50 a tonne, while April in the northern region was traded at $997. The refined market was quiet with refined bleached deodorised
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  • ASIAN STOCKS
    • 521 4 TOKYO SHARE prices yesterday were steady in scattered foreign investor buying, but trading was slow as many investors stayed on the sidelines because of high outstanding margin trading buying contracts, dealers said. The market average fell 0.04 to 7,261.49, with volume 230 million shares.
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    • 330 4 THE better than expected announcement by the Bank of East Asia could not stop the recent downtrend as investors continued to worry about the large amount of money that will be drained from the market by the impending flood of new issues. After a firm opening, the market began
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    • 263 4 METAL, oil and uranium issues, including most heavyweights, moved lower in moderate trading in a continuing technical reaction to a buying spree earlier in the week. The all ordinaries index fell 4.9 points to 658.3. t KB 12 CrnU INDUSTRIALS A C 1. 210 -2 A N 1 320
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    • 261 4 STOCK prices yesterday closed higher in quiet trading which concentrated on finance shares, dealers said. Bangkok Bank rose two baht to 304, Industrial and Finance Corp one to 127, First Trust one to 76, Thai D&nu Bank two to 306 and Siam Credit 0.50 to 87.50. H:B 12 Bahu
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    • 160 4 THE stock market yesterday was mixed as commercial-industrial rose and m<wiT> g recovered but oils were still down and turnover fell to 1.7 million from Wednesday's 2.1 million pern, dealers said. Apex Mining B and San Miguel B were among gainers while Atlas Con B, Phil Overseas, Seafront and
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    • 49 4 FINANCIAL TIMEC INDUSTRIALS Wednesday i 480 1 Tuesday 485.5 Week An 478.0 DOW JONES AVERAGE INDUSTRIALS Wednesday 942.48 Tuesday 948.63 Week Acq 941.88 H.R.HANG SENG Thursday 1575.96 Wednesday 1804.06 Week Ago closed AUSTRALIAN INDUSTRIALS Thursday j s Wednesday 971.7 Week Ago 9B9J ALL ORDINARIRS s Thursday m
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  • Page 4 Advertisements
    • 193 4 AN INVALUABLE GUIDE to the banking, finance and insurance community V- .4' -.Vv $1 v- ;v v v > .",0 ;v ftjaw? s >4 Sm m V. i--3K i vi"~ *> .te A 4^3s^^ <i* v v/+ «v- ■P *4&s Vf S*«*. U 4&fc, *r v.. v^.Ari^\ vi 2& >
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  • TRADE AND INDUSTRY
    • 301 5 AN American publishing company, John Wiley and Sons, is strengthening its base in South-east Asia with the formation of a subsidiary company in Singapore. The new subsidiary, John Wiley and Sons (SEA), will initially concentrate on promoting and distributing books published by John Wiley (US)
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    • 130 5 ROBERT Davids, a director of Phoenix Lloyd of London, is making a week long visit to Singapore from Feb 17 to explore trading possibilities in the area and to contact old friends. Mr Davids can be contacted at York Hotel during his stay in Singapore. From 1949
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    • 109 5 AN annual grant of AJ600,000 from the Australian government will help the Asean Committee on Protein conduct various foodrelated research projects over the next three years. These will include projects such as nutrition evaluation of protein foods and the development of new farms of packaging for
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    • 302 5 BURSON-Marsteller, promoter of the recent Holland Expo n exhibition, is planning a regional survey as a follow-up to the exhibition. For the Singapore part of the exercise, it intends to survey in March a group of Dutch visitors to the exhibition. About 20 of them
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    • 293 5 MEMBERSHIP and subscription fees of the National Association of Travel Agents Singapore will be raised from next year. The association wants to double the entrance fees from 1200 to $400. The annual subscription fees for active members who are travel agents will be raised from
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    • 136 5 A SINGAPORE agent is needed to market locally a levelling staff that enables surveyors to determine surface elevations quickly and accurately. Australianbased Anson Engineering manufactures the levelling staff which boasts a sliding tape fitted to the front scale. This is rotated at each backsight change point and
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    • 218 5 FITZPATRICK'S Food Supplies (FE) has opened a fullrange wine and spirit retail shop at Bukit Timah Plaza. Apart from a wide range of wines and spirits, the store will offer chilled wine and beer, mixers and party ice. THE Singapore Quality Reliability Association is organising a one-day seminar
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    • 348 5 BEMINABS AND COURSES Feb 13-16: Michael Porter Seminar: Shaping Industry Based Competitive Strategy, Shangri-La Hotel (Gardenia Room), SGV-Goh Tan Feb 16: First South East Asia Congress of Esthetics Acupuncture, Hilton Hotel, Arvireich Beauty Products Feb 16-17: Sales Training Course, Hilton Hotel, Consulasia Feb 16-20: KTA Apex Executive Problem
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    • 218 5  -  By RICHARD SEAH SC JOHNSON and Sons recently walked away with two prizes in the packaging design competition organised by the Packaging Council of the Singapore Manufacturers' Association. The company, maker of Johnson Wax products, won the first prize for Terra Care, a cleanser
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    • 603 5 IMAGINE yourself as a product on a shelf in a department store. Ask yourself the following questions: Are you an interesting person? Do you do exciting things? Are you fashion conscious? Would people come to you for advice? Would they spend a few hours with
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  • Page 5 Advertisements
    • 121 5 I Tk '.4 nr I Have a Wonderful Copenhagen on your European holiday Wonderful Copenhagen is not only the gateway of Europe and Scandinavia it's also the gateway to a fun vacation. The Danes are Europe's friendliest people. Join them in their pubs and latenight restaurants. Shop with them in
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    • 3 5 Leader... Page f
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  • 487 6 IF THE JOB-HOPPING element in the labour force is indeed as fractional as the 0.7 per cent indicated by the CPF computers, then we might well wonder whether the self-criticism and soulsearching Singaporeans have subjected themselves to in recent months over work attitudes was ever necessary. Seven
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  • 220 6 IN THE MARKETING of consumer products, it is of paramount importance that the appearance of the products should have the impact of arresting the attention of the prospective purchaser. With such a wide range of choices in the market, the manufacturer who realises the importance of
    220 words
  • 1379 6  -  The experts may not want to admit it openly, but there is no doubt that while the battle against rural povery is constantly being waged in major capitals, the battle is being lost in Third World villages. S M ALI discusses the reasons for the
    Depthnews  -  1,379 words
  • 709 6  -  By ALLAN REDITT PRESIDENT Chun EX» Hwan during his recent United States visit painted a picture of South Korea as an ally of the West facing a communist neighbour superior in military might. He returned home with assurances that the 39,000 US troops would remain on South Korean
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  • Page 6 Miscellaneous
    • 645 6 I -IR-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Burst out hotly (5) 6 Country with some capital youngsters (5) 9 Stays in the Marines? (7) 10 Athletic place in Scotland (5) 11 A flavour of discrimination (5) 12 Everybody gets it (5) 13 The opposite of innings? (7) 15 Item of
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    • 760 6 m CAVE-IN DRAMA PEOPLE have keea trapped la tke air, u4er tke aea, u4 la klgk-riee kalMtags Mi dmtlm have keea made akest tkese drama*. IV rigktl HMTtt hi at tke mm gesre aad la ail aWtt ketsg trapped la a cave. Startlag at 10.60, the "Cave4a" feataree a tear
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  • 1716 7  -  YEAP JIN SOO talks to various property analysts in Kuala Lumpur and is pleased to report that the market outlook for all Th sectors is promising. YEAP JIN SOO THE MAJOR imponderable in the Kuala Lumpur commercial property market this year is the much-delayed
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  • 1025 7  -  FORUH i with LEE YOKE MENG EVERY banker from A to Z has given a big vote of confidence to the Asean countries as the brightest economic spark on the horizon. That accounts for the flood of banks and financial institutions. However, over
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  • 1396 7  -  The ringgit is losing out... DILIP MUKERJEE explains DILIP MUKERJEE Depthnews THE YEN is a highly regarded currency as evidenced by the growing flow of funds into Japan from oil-rich West Asia and elsewhere. The economy's long-term prospects, which ensure that the yen will rise against
    Depthnews  -  1,396 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 207 8 FEB II Fts ARN 286 00 1 Ahold 7100 1 Akzo 1830 1 AMEV 96 40 -0» Am fas 120 70 0.5 Amrobnk 56 20 -02 Bergoss 28 30 0.3 Berk 41 00 0 1 Bo Is 56 50 0.3 Borsumij 233 00 4 Burhm&nn bd 20 -0.6 Byenkorf
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      • 279 8 KEB 11 Frs CORBEILLE Alr-I.lquidc 465 -8 B S N Gervais Dunone 1000 -10 C S F (ThomsonCsf) 365 -7 Cie Francaise des Felroles 219.50 -05 Compagnie Kinanciere Compagnie Generate 387 unch Credit Foncier Ue France 401 -2 Harhette (Llbrairie) 375 8 Machines Bull 55 20 -0.7 Michelin IB)
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      • 228 8 FEB 11 Dm Aeg-Telefunken MOO -04 Akzo 16 70 0 7 All* Leben 1065 00 Allz Vers 496.00 3 BASF 119 50B Bay H T Wbank 193 OOB Bay Vbank 286 OOB 3 Baver 110 JO 1J BBC ***** BMW 146 00B C&ssella 300 00 uncfi C'hem Verw *****
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      • 93 8 FEB 11 Frs FORWARD MARKET Acer JrV 5 Arbed 1270 -6 Astur 406 6 Brascan 900 10 Bru-Lamb 910 10 Canpar 1280 14 Cock 193 6 De Beers 310 unch Ebes 1720 56 Elect robe 1 2880 65 Cb-Inno-Bm 1960 unch Gev 1310 20 Hobo* 2000 20 Retro 4970
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      • 183 8 FEB 11 Francs Actions Suiases 286 1 Alusuivse Br 1000 -5 Alusui&se Keg 419 -1 Brown Boveri Br 1320 -IS Clba Geigy Br 1000 -IS Clba Oeigy PC 765 -10 Clba Getgy Reg 558 -J Credit Suiw Br 2630 -IS Credit Suisse Reg 480 1 Eiektrowatt Br 2525 •s
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      • 107 8 FEB II Lire Anic 9 -0 1 Assoc Gen *****0 -2990 Ha.slo«i 747 •It tentrale ***** -910 Fiat 2110 -60 Finsider 8975 -225 Gen Immob 2582 -IS IFI Pn 5470 -275 Ilalcemenli ***** -250 IlalgaN 1900 -555 -I Italsider 294 Maftneli M Pf 651 15 Marelli Err 340 25
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      • 198 8 FEB II c$ Abilibi Alc*n Z 30 Algoma 43 Bank Mont 32'Bank Nova Scotia 33 Bell Tel If. Beth Corp BP Can Ltd 44' -1'. Brasran 34' C amp Red Lake 62 •l'i Can Imp Bk 29 -1 Canpar 44 C'anpar Inv Pf 19 unch Carling O'Keefe 7 Com
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      • 308 8 FEB 11 Rand INDUSTRIALS A Alpha 350 -10 Abercom 330 AE And CI 770 u T 0 h AMIC 2200 unch Barlows 1000 Cf Sugar 1700 CNA 490B Came Finance 220 5 l> Beers Ind Edcon 535 IO Edgars MOOS unch twrnif Fed Volk 445 unch Fugit 215 5
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  • Page 8 Advertisements
    • 135 8 Where to wine,dine and entertain i 3s <4 t I he American Express Card. Don t leave home without it. Get away to Sentosa 41 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
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    • 181 8 For sushi. For teppanyaki. For other authentically Japanese delights. < doily \2 niton Ap rn (i 30 pm 10 At) [i m lor reservations call 1 77 i l H-(<-I il 1 11-\ I*i ii'k **>1 -ri ii< >■ i i| m >i-t S3 TRADITIONAL YU SHENG (RAW FISH SALAD)
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    • 164 8 |.:/{/.-<+{!-].&(._(:%)\)())(/% The Great Family Do-lt-Mxirseff Barbecue. 'I c. I »T*\/ U I I*" -7 r 1 i &f! ycxrveapons. fiery Friday and Saturday r»ht BooMde at ttteobooi hat choose whet you want and barbecue Meat, seafood vitadi sauces Chefs hat and apron avidabla 120+ for adults. $14+ for each chrid
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    • 131 8 OQQQQ Inn Of Happiness 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. MM HUON NTERNATKWMb SMGAPORE Be in vogue ,*.;rhe
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    • 184 8 ftfc as good as going to Bangkok. > V A 1 J V» This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table It was. An enormous variety of succulent seafoods expertly pregared by Thai chefs in our
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  • BANKING AND FINANCE
    • 629 9  -  By LEE YOKE MENG US funds will be streaming In increasingly over the next few years into the Pacific region, especially into Japan, Singapore and Hongkong, said Mr Robert M Gardiner, president and chief operating officer of the US-based securities company Dean Witter Reynolds. This shift
      629 words
    • 523 9 Reuter A "WEAKENING second half profit trend for the four mqjor British banks is expected to result in aggregate pre-tax earnings for 1960 below the £1.56 billion in 19T9, with further slippage for 1961. 'Security analysts said lower 1960 profits, forecast at between £1.4 billion and a little
      Reuter  -  523 words
    • 339 9 Reuter THE ONE billion sterling of new UK government stock found virtually no takers at Wednesday's tender, with less than £50 million and possibly less than £25 million going, government bond market dealers said. Earlier the Bank of England said all tenders for the
      Reuter  -  339 words
    • MONEY AND EXCHANGES
      • 236 9 SINGAPORE gold futures yesterday closed generally easier compared with overnight levels after fluctuating through the day in thin tradingj dealers said. Total sales for the day was recorded at 70 lots while volume for kerbs was at T9 lots with interest mainly centred on April and June contracts, they
        236 words
      • 34 9 New York 1310B 13.56B 13.40S 13.RW Zurich 13-JOB 13.70B 13.60S Tk-,, 14.10S Singapore iiin 13.15B Wti 13.50B 13.55S 13.90S Closing price* In US dollars a troy ounci t. Source: Credit Suisse, S'pore
        34 words
      • 22 9 THE average rate ai which major Singapore banks are currently prepared to lend to their best customers is 14.5 per cent.
        22 words
      • 422 9 NEWS OF a two point Increase in US retail sales figures sent Eurodollar deposit rates rising and US dollar firming against most major currencies in the foreign exchange market yesterday. The US currency opened at 204.45/55 against the yen, before slipping to 203.95/06 during lunch. Afternoon trading saw
        422 words
      • 105 9 THE dollar for overnight delivery yesterday closed at 204.15 yen, compared with a 204.20 opening here a 203.85/204.00 close in New York and 204.10/25 on the West Coast, dealers said. Trading was moderate, with volume US$B59 million. The dollar initially firmed to 204.60 yen after openhtiy W«her than the
        105 words
      • 182 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Feb 12. US Dalkn<8Mt) Ottw 7 day* 17* 17H 1 month 18 1/16 17 15/16 2 months 18W 18 3 months 18'* 18 8 months 1715/*****3/16 9 months 171/16 1615/16 12 months 17 16H SwJn. Dm. <ULAJU B-i _v
        182 words
      • 44 9 RANGE of price* offered by discount houses on Feb 13: Overnight: 7W% Call deposits: to cmm Baytag 3« iliac 3-month Treasury bills «15/16 813/16 3-month Bank bills 1313/16 1311/16 3 months CD 12V* 12H 6 months CD 12'4 12 Source: National Discount Co
        44 words
      • 36 9 FRANKFURT exchanges opening quotes on Feb 12: US 2.1685/1700 Stg 5.040/050 Can -1.8121/56 D F1 92.06/22 S Fr 109.48/70 Lit 2.111/18 F Fr 43.35/44 NKr-39.81/88 B Fr (con) 6.240/50 B Fr (fin) «.178/88 Yen -1.0605/26
        36 words
      • 151 9 THE US dollar yesterday continued firm against most major currencies in active late trading, ahead of yesterday's Lincoln's Birthday holiday in the US. dealers said. The US dollar was underpinned by market concern about events in Poland and high US interest rates. It rose to 2.1640/50 marks from an
        151 words
      • 163 9 THE dollar in very early dealings yesterday here traded above 2.17 maita, a three year high, but later slipped to 2 1680/®, dealers These firm levels Mapared with a late 2JMI la Hongkong and a New Tort close on Wednesday of 2.1575/85. Dealers said the US currency was boosted
        163 words
    • BONDS AND LOANS
      • 48 9 branch will issue US$2O million of floating rate negotiable certificates of deposit on the Hongkong capital market this month. The five-year loan will carry a spread of V* per cent over six-month London interbank offered rate. Chase Manhattan Asia acts as manager for the issue.
        48 words
      • 58 9 million 10-year notes is planned by Manufacturers Hanover Corp through a group headed by Merrill Lynch White Weld capital markets group, Goldman Sachs and Co and Salomon Brothers said. It filed a registration statement with the SeSurities and Exchange Commission covering the sale, the proceeds of
        58 words
      • 79 9 is malHiig an offering of three month SDR denominated certificates of deposit (CDs) for 20 million SDR. The tranche CDs, issued through Sanwa's London branch, will be placed by Chemical Bank International Ltd under an arrangement providing for the issue of consecutive three month CDs. The issue date
        79 words
      • 44 9 deben- ture of US$25 million will wbe offered by Boeing. The 8 7 4 per cent 25-year subordinated debentures will be lead-managed by First Boston Corp. The debentures are being offered at par. They are cooertible into common at $42.25 a share.
        44 words
      • 45 9 Agencies will float a 100 million franc maximum 10year bond on the Swiss capital market next week. Soditic SA will act as lead manager, but float the issue together with a consortium led by NordfinanzBank and Kredietbank (Suisse) SA. Agencies.
        Agencies  -  45 words
    • 547 9  -  TOTAL NATIONAL SAVINGS By ALVIN TAY COMMERCIAL banks increased their share of the total national savings last year, reversing a declining trend in the last nine years. Banks accounted for 71.9 per cent of the national cake in 1970, but this dropped year by year and
      547 words
    • 166 9 THE INDIAN |w—l to seeking expert credits (rem Italy, Ptaaee, Britain and Japan for a foriUtoer plant eeaaalex toltowtng the Wsrid lwh withdrawal sf an The WsrU Bank eaaeelM a vmm sriHfon lean for the eemplex hi the western Mahii s. alter year with a IS esnsaltant
      166 words
    • 156 9 LLOYDS Bank and the Moscow Narodny Bank have granted a third loan, this time of US$36 million, to Poland enabling it to buy barley, beef, pork, butter and sugar in Britain. This was part of the British contributioa under the European Economic Community (EEC) aid announced
      156 words
    • 131 9 Reuter CHRYSLER Corporation plans to issue US$4OO million of government-guaranteed notes on Feb 18 after obtaining all necessary approvals for its financial restructuring package. Company officials said Chrysler hopes to win unanimous approval from lenders within the next few days, leaving two other issues to be resolved,
      Reuter  -  131 words
    • 157 9 BANK of Japan said the Central fai* has been supplying sogo (mutual financing) banks, smaller Japanese banks for «m»n industries, loans on the security of national bonds and government guaranteed bonds in addition to finance through «discounting the bills they hold. The loans have been
      157 words
    • 1207 9 NEW YORK MARKET THE NEW YORK stock market on Wednesday closed lower in moderate trading following retail sales news that heightened Investor concern about inflation and interest rates. The Dow Jones industrial average lost six points and declines led advances nine to five as turnover slowed to
      1,207 words
  • Page 9 Advertisements
    • 33 9 Try our sumptuous delicacies from the Hunan Province. An Oriental dining experience. Business Hours: Daily 11.30 am 2.30 pm 6.30 pm —10.30 pm Oracf^fe 214 Duneam Road. Singapore 1129 Tel: *****49,*****22 ext 126
      33 words

  • 2100 10 BID and otter prices officially listed 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. BECTION ONE INDUSTRIAL COMMERCIAL Acma (3-368 )CRI
    2,100 words
  • 181 10 SING APORE I NIT TBI 8T (HiMgm' prices tor Frt IS) The Commerce 3.77 3.96 The Savings Fund 3.14 3.25 S pore Prog Fund 1.59 1.67 S pore Sec Fund 3.41 3.53 S pore Invest Fund 3.35 2 36 S pare Equity Fund 1.53 1 CO ABU I
    181 words
  • 2722 10 1 MO/1981 High Low CoBpujr Last Sale orGr's Div Div Cvr Gr's Net Y*ld P/E Vol Day COOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 372 300 uo 227 420 170 362 84ft 406 610 249 220 116 138 203* 60 275 246* 167 265 Aetna Alcorn
    2,722 words
  • 2287 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. [NDCOTRIALS AJeaaa (3.105) ACbae (I.BKB 1 90S) (4) 1 85 AMD (2
    2,287 words
  • LATEST RESULTS
  • 701 10 THE stampede for secoadliners persisted At tbe Stock Kxrhuge of Singapore as bolls chased them to aew heights yesterday. Bat althosgh most quality Industrials were qaiet for the day, heavy movements In North Boraeo Tim hen mad Cold Storage gave the Straits Times ladastrial ladez a
    701 words
  • 600 10 THE Kuala Lumpur stock market continued to display a steadier trend yesterday although profit-taking in the afternoon eroded some ground. There was a sudden rush for shares when the market opened in the morning with the return of die-hard bulls. Values were marked up significantly
    600 words

  • COMPANY NEWS
    • 476 11  -  By DAVID CHOW HARD on the heels of its $20 million purchase of Taiping Rubber Plantation, Malakoff has announced another major acquisition that of a plantation in Sabah which will substantially boost its total acreage to 36,703 acres. It is to take over the
      476 words
    • 737 11  -  By THE CITY STAFF PERAK Carbide powered its way further into property development and real estates with the announcement yesterday that it was acquiring yet further prime pieces of property in the heart of Kuala Lumpur and in Ipoh. Perak Carbide, in a despatch
      737 words
    • 435 11 GENERAL Ceramics expects to make a gross profit of more than $29 million before tax from the development of a prime property in Jalan Am pang, Kuala Lumpur. General Ceramics made the profit forecast in a document informing shareholders of its proposed acquisition of
      435 words
    • 186 11 CVTMt Ex Mi Dale Tetalfer Tetaller PlJMt Dale Ctaae PayaMe the year Prevteee Ayer Metek 30%(f) Jan 30 Feb 15 Feb 26 »%<n 25%(g) C Sagan 20%(e) Jan 16 Jan 28 Feb 18 30% 15% City Dev 20% NYA NYA NYA 20% 8.1(a) KlUtagkall lla 65% Feb 20
      186 words
    • 318 11 Csmpaay PHOMIHI Ex Date Bull C1«M Alma API C*C City Dev 1L Kiff Mfcgtall Ttai Stag's Hstol EESj"" PtglMria PMhPM ■■>■«■ ByOwfc SsayslW SEAL K?1IW Times Pmk Y H 8 (M) Proposed rights issue o(l for 4 $2.80 per share Proposed rights issue of 2 fori $1.70 per
      318 words
    • In Hongkong...
      • 35 11 said its one-for-six rights issue with warrants was 97.35 per cent subscribed. Share certificates are expected to be posted by Feb 20, with trading in fully-paid form starting three days later.
        35 words
      • 84 11 has an- nounced a final 1980 dividend of HKJi 10 (90 cents previously) on capital raised by a one-for-five bonus issue. The company proposes one-for-two share split and one-for-two bonus issue, both for March 27. The consolidated profit after tax, depreciation and transfers was $88.06 million
        84 words
      • 79 11 has announced an audited net profit of $93.36 million, for the nine months to Dec 31 ($124.59 million in year to March 31). A third and final dividend of 30 cents (fourth and final of 30 cents) will be paid, making a nine-month total of 75
        79 words
    • 455 11 THE Malaysian Tobacco Company (MTC) has invested a further $16.6 million during the last year as part of the group's programme to modernise and upgrade its production facilities. This included the completion of a new twostorey building in which modern machinery was installed,
      455 words
    • 150 11 FABER Merlin was yesterday queried by the Stock Exchange of Singapore on whether there were any takeover intentions on the company. The query was made after Business Times reported that Faber Merlin may be a target for takeover by either Malayan United Industries or Gen tings Bhd.
      150 words
    • 747 11 CONGLOMERATE United Motor Works has moved into the manufacture of road rollers and cargo handling equipment. It is making the road rollers and soil compacting equipment at its factory in Shah Alam under licence from a West German firm. This makes it
      747 words
    • 727 11 mm*™ HOCK LOCK SIEW THE better performers in recem times have generally been found among Malaysian companies, both in terms of corporate results as well as share price movements. While not all companies have followed this trend and the statement may appear generalised, it cannot be denied
      HOCK LOCK SIEW  -  727 words
    • 194 11 THE Kuala Lumpur Stock Exchange has requested further details from Malayan United Mutates concerning its agreed purchase of two pieces of piupeity and the incorporation of a company, Malayan United Properties Sdn Bhd. MUI has been asked to disclose the expected effect of the transactions on the net
      194 words
    • 341 11 Dote IA ■tPUl Yea ir fimpiij rCrwi Aaaa>aee4 Net EPS Grsas Pro-tax I 1 <«■*> Dtv. PraOt l <%> (rmy Pahang Coot F 16/11 1.5 2.5 1,634 Rothmans I »/l 47.4 20.0 23,891 S P Textile F 28/1 10.4 8.9 4,153 MUI F 4/2 0.9 3.0 1,607 SBS
      341 words
  • Page 11 Advertisements
    • 0 11 )$.\(\^,=[\^>!<>]{<_,)+_/?<(.=$
      0 words
    • 96 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 the I*l conference: commercial opportunities for Hons Kong-bawd service* and facißties in support of drttng offshore southern China, Registration fee US$5OO. The Regent,
      96 words

  • 309 12 TWO American manufacturers of medical and hospital equipment are negotiating with Singapore companies to set up joint ventures to produce their products for this region. This follows the favourable response to their exhibits at the Medic-Asia '81 exhibition and their subsequent discussions with Economic Development
    309 words
  • 331 12 SINGAPOREANS have been promised faster and more efficient communication facilities in the years to come. In an addendum to the Presidential Address, Communications Minister Ong Teng Cheong said the Republic will be developed into an international communications centre by expanding and improving facilities and upgrading services.
    331 words
  • 227 12 THE SINGAPORE Malay Chamber of Commerce is keen to participate in the food canning and tourism industries in Malaysia. Public Enterprises Minister Da tin Paduka Rafidah Aziz said yesterday that her ministry would offer whatever assistance possible to promote joint ventures between Malaysia and Singapore Malays.
    227 words
  • 844 12 LONDON, Thurs Equities closed firmer today In response to some institutional demand and at 3pm the Financial Times index was up 4.2 points at 490.5. Government bonds ended little changed in quiet trading. Any cut in interest rates is unlikely until the budget on March 10. dealers said.
    844 words
  • 82 12 AP NEW YORK. Thurs. The stock market drifted in early trading today amid continued unease over high US interest rates. The Dow Jones average was unchanged at 942.49 in the first half hour, with declines holding an edge of almost 4 to 3 over advances. A Department
    AP  -  82 words
  • 295 12 SENTOSA Development Corporation (SDC) is in the black after years of losses, and has achieved a profit of $500,000 in the latest financial year with some help from the Government. The Government converted its loans to SDC to grants in 1979/80 and the
    295 words
  • 123 12 Reuter ONE OF Hongkong's most famous buildings the headquarters of the Hongkong and Shanghai Banking Corporation will be pulled down to make way for a 183-metre glass and steel skyscraper. The new building, a complex structure of three towers of differing heights, will cost
    Reuter  -  123 words
  • 385 12 Reuter INDONESIAN oil exports fell by about 9 per cent in volume last year but gas exports expanded considerably. According to statistics released yesterday by the state-owned Pertamina Oil Company, exports came to an average of 1.03 million barrels a day, or just
    Reuter  -  385 words
  • 334 12 AFP VIETNAM yesterday abandoned its demand, in the face of Asean opposition, that the Non-Aligned nations condemn outside interference in the rebuilding of Kampuchea. As a top UN team, including Secretary-general Kurt Waldheim, moved to break the deadlock over the Kampucbean question, Vietnamese Deputy Foreign
    AFP  -  334 words
  • Page 12 Advertisements
    • 413 12 APOLOGY To whom it may concern I, HOWE YOON CHONG, hereby unreservedly withdraw all imputations against the professional capacity and competence of MR. CHIAM SEE TONG, made by me on December 21 1980, and published in the issue of this newspaper for December 22 1980. HOWE YOON CHONG of making
      413 words
    • 285 12 It may look like a calculator, but it works lifee a computer. The Tl Programmable 59 calculator has more processing power than a giant 1962 computer. This remarkable machine has up to 960 programme steps or up to 100 memories. It also has magnetic cards that let you record custom
      285 words
  • Page 12 Miscellaneous
    • 59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hoars prior to 7M p.m. on Feb 12 at the airport. Maximum temperature 33.4 Associated humidity 58 Minimum temperature 23.6 Associated humidity 96 Hours of sunshine 7.75 Rainfall in millimetres 27.9 Total rainfall for the
      59 words

  • SHIPPING TIMES
    • 290 13 Reuter THE shipping company Seatrain Lines Inc said three of its creditors have filed in the US Bankruptcy Court in New York to have the company put into involuntary reorganisation. The company said it filed a consent to the move and as a result will continue
      Reuter  -  290 words
    • 593 13  -  By JAN LEE THREE shipping lines are studying a plan to start a joint full container service from the Far East to South America in the middle of this year. The companies, Nippon Yusen Kaisha (NYK), Kawasaki Kisen Kaisha ('K' Line) and Compania
      593 words
    • PORTSIDES
      • 88 13 AFP THE World Bank said it took note that an Indonesian parliamentarian had sought to implicate it in the Tampomas 2 shipping disaster off Java late last month in which at least 450 people died. But it said it was not in a position to make an
        AFP  -  88 words
      • 91 13 Wheelock-B W deal Reuter THE Wheelock Marden Group has signed a US$lOO million equivalent facility to buy three ships from Burmeister and Wain Skibsvaerft of Denmark, Lloyds Bank International said. Lloyds arranged and provided the loan with Marine Midland Bank. No terms were disclosed, but Lloyds said part of the
        Reuter  -  91 words
      • 64 13 Reuter SASEBO Heavy Industries of Japan has won orders of about 17 billion yen from Ocean Tramping Co of Hongkong and Ta Tong Marine SA of Panama for four bulk carriers. Ocean Tramping has ordered three 45,000 gross ton vessels for delivery by June 1982, while Ta
        Reuter  -  64 words
      • 43 13 Reuter AMERICAN President Lines will increase the general rate by 12 per cent on all mini-landbridge cargoes for eastern US and Canadian ports, effective April 15. The proposed rate increase is a direct result of increased operational costs. Reuter
        Reuter  -  43 words
    • 721 13 SMppiag LJac P»ge CM Shipping line C«i Achipelego Adriatic AfM Afro-Eurasia All trans Alpac Angkutan Angonave ANL An toll APL Argentine ASCL Asia Merchant Bait-Orient Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Ben bulk Bintulu Blue Diamond Blue Funnel Blue Star Burmese CAVN-FMG OCNI
      721 words
    • 820 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Asian Patroos 2802 13.2.81 0700 Integrated TA 5 TT Maersk Mango 07J/08S 13.2.81 0700 Maersk 51 TT Pegasus Pride 160N 13.2.81
      820 words
    • 1503 14 CHARTERING was generally quieter throughout all sectors of the freight market on Wednesday with rates mostly holding about steady, brokers said. In the North American grain sector, business from the US Gulf included a vessel for Holland at US$l9 fio and to Spain at $21.25 fio, both with
      1,503 words
    • 378 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Not Available CONTAINER TERMINAL Asian Patroos 54N A 1 Wattyah S3 Ever Harvest 54S Elbe Maru 49 Lampung 52 Mont Blanc Maru 50 Ming Young 49 Maersk Mango 51S Oriental Expert 50 JURONG PORT Abadi Jaya (alongside) B/9 Brother Star (alongside) B/
      378 words
    • 138 15 SEVENTEEN lions aged between 2 and 11 were recently loaded aboard the Hapag-Lloyd container ship Koln Express (32,959 grt) in the Port of Hamburg. During their voyage to New York the 16 lionesses and their sole male companion were looked after by a keeper: for
      138 words
    • 280 15 FOLLOWING a cabinet reshuffle late last month, a new Panamanian Minister of Finance and Treasury has been appointed, including in his portfolio the responsibility of directing the country's maritime policy. The minister, Lie Rogelio Fabrega Zarak, will work through the Directorate of Maritime
      280 words
    • 1403 15 Seatrade UK SHIPOWNERS have been criticised in recent years for the conservatism of their attitudes compared with the dynamism that built the world's largest merchant fleet before World War n. Indeed the current chairman of the General Council of British Shipping (GCBS), Adrian Swire, said
      Seatrade  -  1,403 words
    • 1159 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
      1,159 words
    • 106 19 ETA ETA ETA SPORE KUANTAN PORT KELANG MALDfVE NEIGHBOUR 19/2 Loading For Dubai/Dammam/ Kuwait MALDIVE PEACE 20/2 25/2 Loading for Bahrein/Kuwait MALDNE MAGE 19/2 Loading for Kuwait MALDIVE PUIEER 20/2 Loading For Jeddah MALOIVE NPORTER 17/2 Loading For Male MALDNE PROGRESS 19/2 25/2 Loading For Muscat/ Khorflakan/Dubai/Abu Dhabi
      106 words
    • 924 20 THE SHIPPING market is continuing in a healthy phase within Asean. Turnaround times for vessels are increasing in most Asean ports. Pari of this is due to the recent lunar holidays. Local ownership is increasing in both numbers of owners and fleet size. Affreightment contracts for coastal vessels
      924 words
    • 486 20 THE American Bureau of Shipping (ABS) classed 147 new vessels and other marine structures during the fourth quarter of 1980. The 147 structures were built in 19 countries and totalled 996,806 dwt. In the fourth quarter, ABS classed more self-ele-vating mobile offshore drilling units than in
      486 words
    • 251 20 Reuter Hopes for an end to the British shipping dispute, which has tied up 240 vessels in foreign ports, rose on Wednesday when the striking seamen's union conditionally accepted arbitration. The union executive, meeting in London, voted to put the 16 per cent pay claim to an
      Reuter  -  251 words
  • Page 13 Advertisements
    • 220 13 Scan Dutch U Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel 9i l 'oli Port Kelanq Tel *****1 Kuala.Lumpur Tel ***** Penang Tel *****6 m \RDIM \\l \U Orient Overseas Co*da*teA Line FULLY CONTMOSa) mil CONTA»OfiED-EXPRESS TO/FROM NORTH AMERICA WEST COAST FEEDER VESSEL OtoENTM EXPORTER 11£ OKNTM VENTURE 4E okntm
      220 words
    • 306 13 HSEALORDU UASC UNITED ARAB SHIPPING CO (SAG) M !f 1 1 f' i [a.lii. EXPRESS MULTI-PURPOSE SERVICES S'pore I Loading for 5/3 Acccotinf Breafcbufc (My Ohaß (W/Jl.&am (20/3). Kuwait (23/3). Shuaiba (26/3). Doha (29/3). Dubai (1/4) FULLY CONTAINERISED SERVICE SB AL WATTY AH V 11 mm RECT 9/3 Jeddah (21/3)
      306 words
    • 20 13 JMKDB n n/ra m vn vra vra CONTAINER Schedules LONDON Freights SHIPS In Pert SHIPPING List REGIONAL Weather ORIENT Exchange
      20 words
    • 838 13 Nedlloyd Lines Regular Liner Services To From All Parts of the World. Singapore Tel *****1 Port Keianq Tel *****1 Kuala Lumpur Tei ***** Penanq Tel *****6 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA. ASIAN PORTS MAERSK RANDO MAERSK RANDO MAERSK RANDO MAERSK MANGO MAERSK
      838 words

  • Page 14 Advertisements
    • 798 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 -1) Barcelona, Genoa. 2) Amsterdam. Antwerp. t He»re, Bilbao, Basle, UK, 3) Bremen. Bremenhaven. Aarbus. Copenhagen, Helsinki 4) Malmo. Stockholm. Oslo •Accapbag Europe
      798 words
    • 325 14 885 SUPERCARRIER SERVICE TO: PANAMA US ATLANTIC E. CANADA US GULF 17-17/2 17/1 22/3 24/3 25/3 27/3 *23/2 2-3/3 1/4 C/ 4 1/4 »/4 11/4 *12/3 17-11/3 17/4 22/4 24/4 25/4 27/4 VJ 4-4/3 25/4 2/5 V 5 1/5 15/5 *25/3 2-3/4 2/5 7/5 5/5 14/5 12/5 *12/4 17 14..
      325 words

  • Page 15 Advertisements
    • 511 15 STRAITS SHIPPING Singapore toSabah,Sarawak, Brunei Ports and Bangkok ContamnNp Service Is/From Bangkok itou run fhmm nan rm u/is Fak u/io Fak Htm mi ltut 21/22 fa m/» fa Simiiere te Sabah. Saraw* end Brunei ACCEPTMG SMGAPORE CUM PASSENGERS. TEL 9X71 BANGKOK AGENTS: BORNEO SERVICES LTD. BANGKOK TEL 234 1(22 (5
      511 words
    • 351 15 C.M.C.R. HPS ■ti: S'pwi f. Wjo» B'kxu ITsn*ts ■wtdhaha atfk mu tMa it Ma orcou uaan a Ftk vf* ism* 17 Ma worn mm mm 2mm 4Ma an* 22 Ma 00*0 MUBJI KM* II Ma 3 V S Apr ctmo MLKUI oranKMß Mamies Gem Trast* iwp 8 Mi 24 Mn
      351 words

  • Page 16 Advertisements
    • 754 16 JC Hapag-Lloyd TO NORTH EUROPE Eke Maru Benatto* Hongkong Eipress Hamburg Eipress I oka hprtss In Pod 14 2 21 2 25 2 27 2 6 3 TO MEDITEARANEA 13 3 19 3 26 3 TO NORTH EUROPE MEWTERRANEA Ma Rtckmers Mosebtew Ettu Rickmers TO USA/CANADA pore PK Pen Bilbao
      754 words
    • 704 16 KOREA SH,ppm CORPN P. K elanj PENANG STORE VEGA 157N 22-26 Feb 27/2-1/3 2-5 March FROM BUSAP BANGKOK VEGA 158E 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 TO BUSAN HSC
      704 words
    • 506 16 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTING CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. LE HAVRE ALSO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY HOLLAND AMSTERDAM S pore M HanAwi Rotterdam FHnsloo* Antwerp I* Mawe £«er lay* 12/92 5/03 IS 03
      506 words
    • 1009 16 Burn* Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON HTANMMVWI ««SMWGT*I*riM PtGAN HIMUWYN* P KcUng Pwunj B F sS C Agents 10 Moloyvo BOUSTEAD SHIPPING TEL NOS Kl *****2/*****9 ,»> Compania Argentina Da Navaaacion Intarcontinamai S. A. C.I. F. Iy "ARGENTINE NATIONAL LINE" LOADMG FORI MONTEMKO BUENOS AMES
      1,009 words
    • 388 16 =s==== mo.s.E. OCEAN SHIPPING 8 ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE GENERAL MOTS COKT MO BOOMS SUB MOTS r HELMS OCEM SHRVME t ENTCSPMSES PTE LTD SMEAPOK TEL *****44/7 t *****70 I UMPtM m 414(44. 4147*1 OCUN SMPPME STORE TEL: *****44/7 MLAL-S CONTAMEA P KUANS TEL (347. H73/4 EAST
      388 words

  • Page 17 Advertisements
    • 367 17 PIL GROUP EAST AFRICA/VIEDSEA SERVICE PIL CROUP TAKES PLEASURE IN ANNOUNCING A NEW FULL CONTAINER SERVICE FROM SINGAPORE TO COLOMRO, HODEIDAH, JEDDAH AND AQARA WITH THEIR FULLY CELLULARISED GEARED 372 TEU (INCLUDING REEFER CAPACITY) M.V. RANGER DEPARTING STH MARCH 1981 ft JOHORE SHIPPING LJr 161 JAt AN TENGKU RADAR PORT
      367 words
    • 235 17 ffLJ BLUE STAR LINE Wgp 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, CHRISTCHURCH FIJI SHIP AUSTRALIA STAR NEW ZEALAND STAR NEW PLYMOUTH P> CHALMERS MAR MAD Am apri SPORE AGENTS MEftUON SHIPPING AGENCY
      235 words
    • 811 17 I EBB Itangtaq (vni H»M| Eiprtu Tttat Eiprtu Xatuga Kara BENLINE CONTAINERS EXPRESS COKTAMR SERVICE TO/FROM EUROPE HBURG BHAVEN ROAM HAVRE SOTOM Spore f Ketang W Germany Austria Antwerp France Al UK ta fcrt 7/3 9/3 11/3 12/3 4/3 21/2 13/3 IV3 M/ 3 11/3 11/3 25/2 27/7 79/3 27/3
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    • 638 17 i Scan Dutch 9 \Y i I r V k 1 S I i li V 8 ifl r? i 4 V WEEKLY EXPRESS CONTAINER SERVICE *eunfPrrun< Moitw, feeder Feeder Vessel e PINAGA In Port footnote Si LMUM B DMK 21,2 btto. t SUM B Pt NAGA 27/2 WD Ot«M
      638 words
    • 542 17 I BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUMON I SOUTH AFRICA SHIRRA BANK SINGAPORE 30/3 eto Reunion 11/4 Durbon 16/4 Copetown 23/4 Pt Eliz 21/4 (also accepting East London and Maputo cargo) Lukes/fe Linos U.S. WEST COAST SERVICE Orect trom SfO Lbc* SPORF ASHLEY LYKES Sid Sid 27/3 BMNTON LYKES
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  • Page 18 Advertisements
    • 856 18 r Kline KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA feeder «esseis* f* nono vesseis tor* Star *1 tofwt Mara Lam Cite Bridf* lapafl M)tu Famlr Ace 04N 20/2 Up* Ate tapanAprta Japan Mitu Stay k< MM 22/2 20/2 Kart» Mam Mm Mm f art* tM*r inuk aba
      856 words
    • 551 18 3? CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE l««dn| lor LOS MGEIES. SAN FRANCISCO SEATTLE. lACOMA. VANCOUVER B C fa Fa Contamrl v.r sir i „r" AUSTRALIA EXPRESS CONTAINER SERVICE Accaptiif Fa/Fa CMam PKatont Spwe On Melb Add Syd fren RAVOAS 22 fab 73 Feb g Mar 13 MU< 19
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    • 670 18 s s A(«i'o»|) SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 114 L INESI TERMINAL OFFICE *****83 TELEX R*****6 RS ***** A B CARSHIP CABLE CARGOSHIP ii: 1111 Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK I 1 STORE (Ned) 17/18 Feb
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    • 663 18 KORINS MARITIME SERVICES p Room 601. ICB Building. Shenton Way. Singapore Tel: *****22 *****67 MIOOLi EAST/RED SEA/EUROPE SERVICES satfnu ««raa Accent C»I» tar STORE P KELANG 14 Fd 15 Fd 15 Fd 17 Fd 21 Fd 3 Mar Porh t+tci to Mm lOAOMG FOB; CWtW Odu ta<4d/»«da/P lattakia/Soto X\SAW ICK
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    • 674 18 NTRQSEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11 "*****57 ®\mo ksuum —iiroron service to europe S pare P. Kttant Pew* Im*l NORASM NBIO3 21 Feb 3 Marcb BOaaX/RDAM, UN(AVON) MTRASEA (PTE) LID 2352(11 M«* *****57 YEO 9VPMC TRADMG 400(44. *****2. 4*0*71 MTQt OVERSEAS MAMTM SON MD
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  • Page 19 Advertisements
    • 522 19 NEPTUNE ORIENT LINES LTD Containers Feedered to/from F'stowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): TO AND FROM AUSTRALIA: JAKARTA SINGAPORE PENANG P. KELANG BR6BANE SYDNEY MELBOURNE. AOELAOE..... FREMANTLE. Also accepting cargo to/from Bangkok and E. Malaysia •Carriers option to proceed via other ports Discharging, only TO WEST
      522 words
    • 222 19 t i:\sti;h\ < \k i.im:k. int. SpKtitet In RO/M> Sarvica Front Japan Mi if'..J CjJr Ajprv*} *•<& BN: PP Boi 1 Miijtvj Tp* t| JOS tf*i **WSO: \*>f«pnrp Ifpnt > Pt* ltd 3ifd *o» 'tort lb \)ua» I Te* rr*)46 I i w>*\ if*i *s :isos ?4bos SOON KIAT SHIPPING
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    • 244 19 NOTICE VESSEL AVAILABLE "SHED SUCCESS" j» tat Available for charter and/or will accept cargoes from SINGAPORE TO PHNOM PENH, HO CHI MINH AND EAST MALAYSIA. Enquiries to: SPEED SHIPPING PTE LTD T«l: *****15. *****(2/3 *****40 SINSOV SINGAPORE SOVET SHPPING CO PRIVATE LTD SMSOV BULOM6 55. Market Street Sqipore 0104 Telephone
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  • Page 20 Advertisements
    • 323 20 A ANTOLL LINES Direct B Is to Adelaide Melbourne Sydney Brisbane Independent FCI Container Conventional liner Service ;iNG*PO«E I N SHIPPING PTE LTD 1401 5 Rotona House Sbenton Way Smjapore 0106 Tli RS ***** let *****11 BJijs *****43 #TST MALAVSIA HSH (Ml Sdn Bhd Kl lel *****3 *****7 Pt Kel
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    • 335 20 w PRACHT (MALAYSIA) Pradit SDN. BHD. REGULAR INDEPENDENT CONSOLIDATION TO THE I FOLLOWING PORTS: VESSELS ETA POUT KELANG LOADING FOR 19/2. 2/3. 17/3. 31/3 Colombo, Bombay, Karachi '5/2, 20/2, 24/2, 1/3 Hong Kong, Totwon, Manila 3/3. 7/3 Jokorta, Tokyo, Yokohama Kobe 13/2, 15/2, 19/2, 22/2, 25/2, 27/2, 28/2, 1/3, 7/3
      335 words
    • 312 20 lUmloaa Express Between kVesf An a East Malaysia Accepting Heavyhtt up ro tor TITI SHIPPING J TRAOING SDN BHD Bangladesh Shipping Agency Pte Ltd Agtuts of Bangladesh Shipping Corporation S pore P Mang Penang Loading for: BANGLAR KALLOI G 44/13 Feb Chitting BANGIAR KAKOLI 22 Feb/4 Mar Chittagong For Bookings
      312 words
    • 330 20 PERKAPALAN LAUTAN MRU SDN. BHD. P O Box 220. Kota kriabakj Sjbab tfCULAC LMH SHtVKI Sabah S*a wtk Bangkok Singapore Port kH«ig SEALION SHIPPING PTE. LTD. Tel: *****81 Tlx: ***** SEALION SHIPPING (M) SDN. BHD. Tel: 38-7754. 38-7479, 38-9851 Tlx: MA***** SEJAMA SHIPPING A TRANSPORT SDN BHD. Tel *****1, *****2
      330 words
    • 383 20 OCEAN LINES REGULAR NOW CONFERENCE SERVCES BEDITERKJMEiIN SU SERNCE (Also accepting c«|o tcx R*M BowfM'ConsUmit S pore P Ket»n| Penan( LoaO* tor I 2tF«k MW/MmM/Ui UMfc/ OWID VESSELS SAGASiA PTE LTD. n-ows D«YFUS amour of COMWAME* 'ut 222&2K a um) na B MM HH f klms mm m M rec
      383 words
  • Page 20 Miscellaneous
    • 162 20 m Regional Weather *400 14zi*. s ft > ?A 0f t i <■1 C'A >JL iT. 3*"" 111 !2J£ Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNMCL LEGEND: R Thunderstorm Temperature °C y Shower Weather s~S Wind direction with speed
      162 words