The Business Times, 24 February 1981

Microfilm: NL10904
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, FEBRUARY 24, 1981 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Reagan's net worth
      58 1 UPI WASHINGTON, Mon. President Reagan is estimated to have assets with a net worth of $4 million, more than twice his own disclosure in 1976. The New York Times said it based the estimate on a report Reagan filed last week with the Office of Government Ethics
      UPI  -  58 words
    • Article
      Lock icon New Reuters service
      64 1 Reuter LONDON, Mon. Reuters today launched a new service enabling banks to buy and sell money across the world within seconds on video screens which also display market information. Known as the Reuter Dealing Service, the network has 160 subscribers so far in Western Europe and North
      Reuter  -  64 words
    • Article
      Cigarette to be launched
      74 1 TOKYO, Mon. "Champagne", a new cigarette developed jointly by Japan, France and Austria, will go on sale simultaneously in France, Italy, Austria and Japan on March 16 in the first Japanese-European joint effort to challenge the global predominance of American cigarettes. The state-run Japan Tobacco and
      74 words
    • Article
      Lock icon Joint military exercise
      74 1 Reuter SEMATAN, MALAYSIA, Mon. Joint military exercises between Malaysia and Indonesia should continue in order to step up their preparedness to counter any threat from within or outside, a spokesman for the Indonesian armed forces said today. Lieutenant-General Soesilo Soedarmono, launching the joint Malaysia-Indonesia army exercise in
      Reuter  -  74 words
    • Article
      Lock icon Saudi denial
      60 1 Reuter BAHRAIN, Mon. The Saudi Arabian Defence and Aviation Ministry has denied it is buying the Tornado plane being developed by Britain, Italy and West Germany, the official Saudi Press Agency reported. A West German government spokesman said in Bonn over the weekend that Saudi Arabia had expressed
      Reuter  -  60 words
    • Article
      Cold response to appeal
      73 1 KUALA LUMPUR, Mon. Malaysia today responded coldly to the Soviet Union's appeal to Asean to back proposals by last month's Conference of Indochinese States for a regional conference on peace und stability. "With its record in Afghanistan and elsewhere in the past, it is not surprising
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    • Article
      Lock icon Brezhnev speech cut off
      87 1 UPI MOSCOW, Mon. Live television coverage of President Leonid Brezhnev's scheduled four-hour speech opening the 26th communist party congress was cut off after only six minutes. Soviet TV replaced the live coverage of Brezhnev, 74, with a news commentator who summarized the party chief's remarks from
      UPI  -  87 words
  • Chief Price Changes
    • Article
      SINGAPORE
      76 1 Rises M U I Metro Hide* OUT Kii|i O il E G I Hldgs PMC Boas te ad SEAL Supreme Corps Costings 80s View 2200 1080 348 1620 1100 830 1280 870 720 505 1270 1070 100 80 83 80 80 80 50 45 40 40 30 30 Falls
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    • Article, Illustration
      KUALA LUMPUR
      149 1 Rises Magnum 1200 150 M U Ind 2400 150 C Prop 700 120 Malakoff 800 100 SEA Lumber 850 100 Rahman Hyd 1800 100 Hong Leong Ind 1000 +60 Supreme Corp 645 +■45 Sea View 1120 40 PMC 13G0 40 Hong Leong Credit 800 30 Falls C Sugars
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  • Article
    New entrants to stockmarket
    1115 1  -  FAIR SPREAD OF ISSUES EXPECTED By KOH TSE YING STOCKMARKET investors seeking fresh outlets for their surplus funds are likely to find themselves presented with a fair spread of new issues this Rooster Year. Encouraged by the good reception given to last year's three new market
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  • Article
    The test Western democracy faces
    206 1 WESTERN democracy will be destroyed if it is unable to come op with a leadership whose quality and single-mindedness can match the Soviet Union's. And Soviet democracy is more likely to win the ideological war against liberal democracy before the century is over, judging from
    206 words
  • Article
    Companies frown on ICS scheme
    354 1  -  By WANG LOOK KEAH THE international consultancy services (ICS) scheme, a tax concession introduced in 1979 to attract consultancy and engineering companies, has so far helped only two companies. This is because the qualifying requirements for the scheme are far beyond the reach of most
    354 words
  • Article
    Netherlands group looks into set-up of base
    262 1  -  By JUNE LIM A LEADING harbour and transhipment group in the Netherlands, the SHV group, is looking into the possibility of setting up a base in Singapore to service South-east Asia, Australia and New Zealand. It is making a similar study in Hongkong
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  • Article
    KL going ahead with shorter trading hours
    226 1 THE Eaala Lampar Stock Exchange has refated perstoteat rumours la the Singapore market that the kLS K to reeeaaMerlag tte deetotoa to Impoee restricted trading tout. "We have already made ear deetotoa. There has beea m ehaage d plans," said KLSK chairman Teagkn
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  • Article
    Government against MUI share swop offer
    518 1  -  By THE CITY STAFF THE Government, as the largest of the minority shareholders in Ming Court Hotel, is known to have reservations about the proposed sale by the Goodwood group of its majority shareholding in the hotel to Malayan United Industries (MUI). As the
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  • Page 1 Advertisements
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      17 1 r I Companies' Activities, Key Personnel, I Agencies L The Straits Times DIRECTOR? Of Singapore (Buku Merah)
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      48 1 FRATA NEWS NVOC SERVICE FROM MILAN, ITALY TO SINGAPORE 1. ACCEPTING LCL FCL CARGOES 2. VERY COMPETITIVE FREIGHT RATES FOR RATES BOOKING CALL TAN KAY HOCK SANDY CHIN MISSTAY LAY HUA FRATA SHIPPING PTE. LTD. Suite 801,8 th Floor, World Trade Centre, Maritime Square, Singapore 0409 Telephone: *****04
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      Page 1 Advertisements Column 3
      72 1 BONN'S public sector banks on tria1.......................................... THE ownership and control of local bank 5............................... 8 HOW Asean can promote foreign Investment 9 SHIPPING TIMES NEW premises for Masoneilan (SEA) 9 WEST Germany a major arms dea1er....................................... 14 STRAITS Tradlng-MMC agreement reached............................ 14 CROSSWORD S, TV AND RADIO C, WHERE TO
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      3 1 Leader ...page C
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      199 1 FOR PEOPLE WHO MAnER Flyvia Amsterdam unique gateway to the UK Why via Amsterdam A total of 358 flights per week connect Amsterdam with 22 major centres in the UK and Ireland. Which means that your chosen destination Q is almost sure to be amply served by I either KLM
      199 words
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  • OVERSEAS
    • Article
      Lock icon US blockade of Cuba a possibility
      306 2 Reuter THE UNITED States might take direct action against Cuba to halt arms shipments to leftist guerillas in El Salvador. In a television interview, Edwin Meese, a senior adviser to President Reagan, refused to rule out the possibility of a blockade. He said it
      Reuter  -  306 words
    • Article
      Lock icon Bonn fears more credit tightening
      353 2 NYT CHANCELLOR Helmut Schmidt of West Germany has voiced concern that the Reagan Administration's economic programme, announced last Wednesday, could lead to a worldwide round of credit tightening that would deepen Europe's recession, if Congress fails to offset tax relief by deep spending cuts. Mr
      NYT  -  353 words
    • Article
      Lock icon RUSSIANS NEED FAST DECISION ON ENERGY
      164 2 Reuter THE Soviet Union will be able to go on exporting oil and gas for the next 30 years if it takes decisive steps now to increase the use of atomic energy and coal, a senior Kremlin adviser said. In an article in the
      Reuter  -  164 words
    • Article
      Lock icon Signs show rough road ahead for USSR economy
      411 2 Reuter THE SOVIET Union's new five-year plan for its giant economy comes up (or approval this week at the Communist Party's 26tb Congress, with all signs pointing to a period of difficult belt-tightening ahead. The Kremlin has promised it will give top
      Reuter  -  411 words
    • Article
      Lock icon America allows Poland to defer repayment of loan
      283 2 AP THE REAGAN Administration has decided to allow the financially pressed Polish government to defer repayment of more than US$BO million owed to the United States. The Washington Post, quoting Department of State sources, said yesterday that the administration is taking the
      AP  -  283 words
    • Article
      Lock icon Kuwaitis vote to restore democracy
      282 2 Reuter KUWAITIS voted yesterday in an election which will restore parliamentary democracy after a four-year break and which could have a major impact on Arab oil states in the Persian Gulf. None of the Gulf stales has an elected assembly currently and Kuwaiti candidates say
      Reuter  -  282 words
    • WORLD IN BRIEF
      • Article
        Lock icon WEAK SPOT OIL PRICES
        342 2 Agencies SPOT oil prices did not show signs of recovery last week from recent lows, and many are still well below official selling prices. London traders said demand remained weak. Arabian light crude is priced at about U5536.50 a barrel, about the same as two weeks
        Agencies  -  342 words
  • Page 2 Advertisements
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      597 2 9L r\ J t, IfH r~' M a m HOW TO BE ONE UPON THECHANS A Horse Called Nijinsky 3 7-\? Tt ww orsoww&lJs Ever felt Hi* wringing your Mnfi neck «v»y he extoflad m* latest features hs'd mm on video while you could w bo mritanted w») war* "hand
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      556 3 1980 -EESCETS This announcement appears as a matter of record only r !<m This announcement appears iu a matter of retried tmli M 56,426,066,000 consisting of M 53,750,146,000 Bankers Acceptances M 52,675,920,000 NCDs, government securities and trade bills Negotiable instruments placed and transacted in the Kuala Lumpur capital market in
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  • RAW MATERIALS
    • Article
      Lock icon Indonesia to lower palm oil exports
      309 4 Reuter INDONESIAN director general of foreign trade, Suhadi Mangkusuwondo, said he expected Indonesian exports of palm oil could be down by as much as 50 per cent 'this year to maintain domestic supplies. "\fhat we hope is that production will be able to catch
      Reuter  -  309 words
    • Article
      Lock icon Pepper exports rise
      117 4 Reuter SARAWAK'S pepper exports rose to 4,435 tonnes worth MJ13.71 million from 3,216 tonnes worth $10.02 million in August and 2,328 tonnes worth $9.73 million in September, the Pepper Marketing Board said. However, total exports for the first nine months (ell to 24,948 tonnes worth $85.26 million
      Reuter  -  117 words
    • Article
      SSR and SMR
      81 4 NOON SSI 1 aad SMR prim jm lanlajr Ul SSR 20 SSRSO MRKLB 1 (1-toa pallat) (l-too paflat) Mai ICvrn Biytit 341.50 238.00 reh itMtk) Salter* 242.50N 239.00N April (Forward Mtk) Bajrtri Salter* 243.50 24&.&0N 240.00 242.00N SMRCV SMRL SMR 6 SMRGP SMR 10 SMRIO SMRSO iiiilii
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    • Article
      RUBBER
      254 4 THE Singapore market yesterday closed slightly lower with March One RSS buyers quoted at 273.50 cents per kilo, down half a cent from last Friday's close, dealers said. Morning prices were marked down about 1.75 cents on stale bull releases and reserve of buyers, they said. Afternoon prices were
      254 words
    • Article
      RAS PRICES
      284 4 RAS prices In cents per kUo yesterday: Noon rinM (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 270JO 271 JON Int. 1 R.S.S. March 272.50 273.00 Int. 1 R.S.S. April 276.25 276.75 Int. 2 R.S.S. 254.50 256.50N UK Coot 253J0 254.50N Int. 3 R.S.S. 251.50 252JON UK/Coot
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    • Article
      Straits Tin
      73 4 THE STRAITS tin price In Penang yesterday rose II cents to M 991.99 ft kilo, still within the International Tin Agreement's middle range price of $91.91 to 99L74, dealers said. Dealers attribnted the rise to Strang buying support from Europe and locally, despite the rise in turnover and
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    • Article
      CLOSING PRICES
      34 4 Rubber: Feb 23 Singapore: March: 273.50 cents (down 0.50 cent) Malaysia: March: 297.50 cents (down 1.00 cent) Tin: M 531.00 per kilo (up 10 cents) Official offering: 165 tonnes (up 5.87 tonnes)
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    • Article
      Lock icon Pakistan purchases soy oil
      76 4 Reuter PAKISTAN bought 10,000 tonnes of crude soybean oil for March 15/ April 10 shipment at US$564 a tonne and 5,000 tonnes of refined bleached deodorised palm oil for April shipment at $588 a tonne all cost and freight. Recently, Pakistan purchased 5,000 tonnes of crude
      Reuter  -  76 words
    • Article
      Produce exchange
      134 4 CHINESE Prataee Exchange, Singapore, el—lag prices per 1M kg yesterday. CtMsal «U: Bulk fob $129.00 sellers, old drum (in second hand drum) fob $139.00 sellers, new drum fob $145.00 sellers. Capra: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $425.00 sellers, Sarawak white pepper faq
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    • Article
      TEXTILES
      139 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttaa yarn: China Blue Phoenix 20b 2.230; 32s 2,790, 40a 2,990 (per bale of 400 lbs). Paklstaa raw erttaa: LSS 5.98, 4F 5.95; 289F 6.06; NT roller ginned 6.00 (per lb). CLOTH in
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    • Article
      RICE
      318 4 SINGAPORE: Yesterday's closing prices in S$ per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.26, 100 per cent second class 1.01, 100 per cent third class 1.00, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.». Special
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    • Article
      LONDON MARKETS
      729 4 COFFEE: Robusta futures yesterday ended the morning mostly £1 to £8 higher in a volume of only 589 lots. Dealer's said lower closing levels in New York on Friday were offset by weaker sterling yesterday morning and values rose in thin conditions. SUGAR: Raw futures ended the first
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    • Article
      PALM OIL
      115 4 THE Kuala Lumpur market yesterday held steady on nearby covering in quiet, thin conditions, dealers said. Interest was centred in the southern region with February and March traded at M 51,042.50 and $1,032.50 a tonne respectively. The refined market was quiet on lack of overseas demand. C.I.F. North
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  • ASIAN STOCKS
    • Article
      Manila
      139 4 THE stock market yesterday closed lower and turnover declined to 1.8 million from 2.2 million pesos, dealers said. Benguet Con B, Phil Overseas and Ist Phil Holdings fell, while others were either unchanged or un traded. F EB 23 PHOI A Acok Mining .0004 ♦0«0W Atlas Con A Alias
      139 words
    • Article
      Selected indices
      29 4 H.K.HANG SENG Monday 1492.21 Friday 1502.06 Week Ago 1537.46 AUSTRALIAN INDUSTRIALS Monday 082.0 Friday 678.8 Week Ago 674.5 ALL ORDINARIES Monday 656.9 Friday 665.2 Week Ago 649.2
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    • Article
      Shares close mixed
      531 4 TOKYO SHARE prices yesterday closed mixed in quiet trading as speculatives continued to fall sharply while blue chips rose on buying by foreign investors, dealers said. The market average fell 5.55 below 7,100 for the first time since Dec 26, closing at 7,095.26, with volume 230 million
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    • Article
      Hongkong
      346 4 IN SPITE of the prime rate cut in the US during the weekend, the market yesterday opened as weak as t had closed on Friday. Early sellers were primarily small investors who panicked after the index broke through 1500. However after they dried up, the market firmed and was
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    • Article
      Sydney
      273 4 INDUSTRIALS were firmer but oils and minerals were lower in dull trading in the absence of overseas or local institutional support, or any new exploration developments, dealers said. The Australian all ordinaries index was up 1.8 points to 657.0. Oil and gas shares were mixed. Santos fell 15 cents
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      Bangkok
      244 4 STOCK prices yesterday closed mixed in quiet trading -concentrated on finance and cement shares, dealers said. KFfi 23 Bahts Asia t'rrdit 117 -3 Asia Fibre 14S unrh Ayuthaya In\ And Trust 8V 50 unch Bangkok inve>ltnrnl 136 unch Bangkok Bank aw -2 Bangkok Drying And Silo 7 1 Bangkok
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  • Page 4 Advertisements
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      200 4 built stronger tolastlonger. w*m c-> m r i L Ford Econovan in •i t m ks i C 32 s> 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
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  • REGIONAL
    • Article
      Lock icon Suzuki calls for quick solution to US-Japan car dispute
      275 5 UPI PRIME Minister Zenko Suzuki yesterday called for a quick solution to the dispute with the US over automobiles, a message being carried to America by his troubleshooter. "We'd better be in close contact with the US government in order to
      UPI  -  275 words
    • Article
      Lock icon Indonesia needs to increase non-oil exports
      386 5 Reuter INDONESIA will have to develop and increase its non-oil exports in order to maintain its present rate of rapid economic growth, director-general of Foreign Trade Suhadi Mangkusuwondo said. Indonesia ranked as one of the world's fastest growing economies last year when real gross
      Reuter  -  386 words
    • Article
      Lock icon Qantas ground staff continue strike
      308 5 Reuter GROUND staff employed by the Australian airline Qantas yesterday voted to continue a 10-day strike which has caused chaos to international flights, but stewards decided to return to work. Union leaders had earlier said the strike would end but a mass meeting of ground
      Reuter  -  308 words
    • Article
      Lock icon India must exercise fiscal discipline
      240 5 Reuter INDIA'S balance of payments difficulties are likely to increase in the coming years mainly because of costlier oil imports, according to a government survey released yesterday. The Indian Finance Ministry's Economic Survey for 1980-81 (April-March), presented to parliament six days before the 1961-82 budget
      Reuter  -  240 words
  • Page 5 Advertisements
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      317 5 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 stores which are centres of
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  • Article
    Carrot which few can bite
    382 6 THE AIM of an incentive scheme must be to stimulate, to encourage someone to a desired end. To get a donkey moving, you dangle a carrot in front of it. The slow-witted animal, unable to note that the carrot forever remains just out of its
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  • Article
    Dr Goh has set the stage for action
    333 6 SYSTEMS TAKE time to become established. Once going, they tend to feed on themselves, perpetuating their very existence. Many become outdated, totally out of touch with the times, ignoring the environment in which they function and totally oblivious to the need to
    333 words
  • Article
    Lock icon Public banking sector on trial
    1115 6  -  WEST GERMANY'S LANDESBANKS Ludwig Poullain, former chairman of the WestDeutsche Landesbanks, stands accused of fraud, corruption and breach of trust. When the court passes verdict, reports ROGER BOYES, it will also be defining the role of the regional public sector banks in West Germany. ROGER
    FT  -  1,115 words
  • Article
    Lock icon THE DEPOSITOR'S DOLLAR
    798 6  -  FORUM j with I DEBORAH RANKIN NYT THE interest-bearing cheque account proved its popularity during the few years it was permited in eight north-east-ern states in the US. And now, the decision by federal regulators to authorise the accounts nationwide as of Jan 1 has set off
    NYT  -  798 words
  • Page 6 Advertisements
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      307 6 Ihr has of fine focc... Ijeea Swiss Continental Restaurant (Mden llmhmiLY Szechuan Restaurant fCAMPACfff Japanese Restaurant Golden Phoenix World Trade Centre Szechuan Restaurant A t j* r f t" v A truly great restaurant. Soft lights, sweet music, and an atmosphere to make an occasion even more special Try our
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1381 6 OMEGA FACTOR THERE'S nothing like a new series U make Ike night's viewing mere interesting and Tke Omega Factor promises to do mare than that. Suspense, ckills and terror are just some of tke reactions yon will experience daring this ten-epi-sode supernatural thriller. In tonight's opening episode titled "The Undiscovered
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  • Page 7 Advertisements
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      447 7 Which home owner is saving on her lighting bill V *< Can't tell? It's the home owner on the right. She's converted to Philips new energy saving TLD36W fluorescent tubes and now she's saving 10% on every lighting bill. The reason lies in the TLD36W's unique energy saving design. A
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  • Article, Illustration
    Ownership and control of local banks
    4055 8  -  The phenomenal emergence of Singapore as a regional financial centre can be traced back to those early days when banks were evolving through trading and business activities. Who were the directors then and who are they now? How much controlling power have they? LEE
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      40 8 rm TRKING VOO TO Tue HEAD OF NCM? DeP^TrvTe N T J P>LThOUGH ONe U)\TMTMe ysfcKTtmfc»flS ONe t>ePLoßes. BrlSTtcilC :ftertfd>icteaaS u)v\p\T Tne DO/1L Do VOOTmUKNfcU'fIE. Pt-BViKG» PfTP Voufc SECOND DPiy <-OITM TH£ Fißm RND Tne UJRLLS IHC. L\FT U>HH G>RP\FF|T|
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  • TRADE AND INDUSTRY
    • Article, Illustration
      MEASURING DISTANCES AND ANGLES
      53 9 AGA Geodimeter will demonstrate its electronic distance and angle measuring instrument (above) at the Singapore Polytechnic on Friday. An outdoor demonstration of various Geodimeter models and their applications to surveying will be followed by a demonstration of how the data so gathered can be transferred to
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    • Article
      Lock icon ASEAN TRADE DIRECTORY
      127 9 AFP AN Asean joint venture company, Astrad International, will publish a directory of the results of an extensive research undertaken to pinpoint trade and investment opportunities in the region. The Manila-based company said the 2,500page Asean Standard Trade Directory will be published later this year and will
      AFP  -  127 words
    • Article
      Land for fish farms
      160 9 THE Primary Production Pepartment is releasing 12 hectares of land at 12km Tampines for aquarium flrii farming Each farm lot, at a minimum size of 0.6 hectare, will be on a 10-year lease at $7,750 per hectare per annum. The rental will be revised after the
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    • Article
      TRADE TALK
      160 9 CRABTREE Electrical Industries, a member of UK's Berec group, will open a sales office and stock distribution centre in Singapore next month. Tlie office and warehouse will be in Sindo Industrial Estate and will serve Singapore and the region. TWENTY-ONE Italian companies will take part in Promopel '81
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    • Article
      The investor's viewpoint
      218 9 ASEAN countries keen on encouraging foreign investment should have clear, dependable investment policies. This point was made by a senior executive of Bank of America. He was discussing the investment climate in Asean countries at a talk held at Shangri-La hotel yesterday. John Lucchesi, senior vice-president and
      218 words
    • Article
      MEMO PAD
      582 9 SEMINARS AND COURSES Feb 27-Mar 11: Cost and Financial Management for Non-Financial and Cost Managers, Suite 36C Waterloo Centre, Personnel A Organization Development Feb 28: Workshop on Where The Money Is and How To Get It, SIM Conference Room (3rd floor, Thong Teck Building), S'pore Institute of Management
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    • Article
      Italy hopes to draw more visitors to trade fair
      237 9 THE 59th Milan Trade Fair will be held from April 14 to 23. About 10,000 exhibitors will take part in the general trade fair, one of the largest general spring fairs in the world. The fair will have an estimated 2,400
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    • Article
      New premises for Masoneilan
      260 9  -  By JUNE LIM TWO companies of the McGraw Edison group of the United States, Masoneilan (SEA) and Worthington Pump (Asia), will be officially opened this Saturday. Worthington Pump (Asia) began operations in January last year on 0.48 hectare of land in Jurong. It has a shop
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    • Article, Illustration
      SHARP VISION IN HALF LIGHT
      81 9 TO BE displayed at Marin tec Asia 81, the marine exhibition to be held at the World Trade Centre from March 2 to 6, is Steiner-Optik's 24 x 80 Super Telescope which gives sharp vision even in the half light of dawn or dusk. The
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      29 9 WACTOmr «EP*ES€NTATIVf FOR SOUTH CAIT ASIA STIHL(S.E.A.)PTE LTD Unit 1003. 10th Floor. Tan Boon Liat Building. Outram Road. Singapore 0316 T«<: *****47 (3 LinM) Cat>l« STIHLSEA Tctax RS *****
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      Page 9 Advertisements Column 2
      174 9 > 1 > > d 3111 I 1 I k. J I V 1 60 IK K? i 53 •4 In a highly competitive market, sometimes pricing, quality and reliability aren't enough to give you a definite edge over your business rivals. You could be squeezed out of a bid
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  • INTERNATIONAL STOCKS
    • Article
      More takeovers
      508 10 FOLLOWING PETRO-CANADA'S BID PETROCANADA'S planned acquisition of Petrofina Canada Inc is expected to spur other domestic concerns to take over foreign-owned oil and gas companies in Canada, oil industry analysts said. "There's going to be three or four big takeovers in the next two or three months," said
      508 words
    • Article
      Slower growth at Toyota
      136 10 TOYOTA Motor Co, Japan's lop automaker, chalked up a net profit of 57,218 million yen in the six-month busines period from July 1980, down 12.1 per cent from the same period of 1979. In a financial statement, Toyota said that its sales in the six months
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    • Article
      NOT ANOTHER RECORD
      94 10 NISSAN USA does art expect Its I*l Mies to reach IMTs reesrd total af ears. It expeeto ladastry ear sales to total M mllitoa, with Oat Impart ear «ales af M mlllisa aad US-hallt ear sales lacreaslag by 111,111. US aate makers' aalea will riae la I*l
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    • Article
      Earning setback at AMC
      129 10 AMERICAN Motors Corporation (AMC) Joined other US car makers in announcing record losses for 1980. AMC chairman Gerald Meyers said the company's sales and profits followed the trend of the American car industry generally, where interest rates, recession, fuel costs and Japanese imports have all contributed
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    • Article
      IBM credit subsidiary
      364 10 INTERNATIONAL Business Machines will establish a wholly-owned subsidiary, IBM Credit Corp, to finance instalment payment agreements with US customers. David Finley, recently elected IBM assistant treasurer, was named president of the new subsidiary. The IBM move is similar to action taken in mid-Janu-ary by Xerox Corp. Some
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    • Article
      Saudi order
      62 10 DONGSAN Construction, part of the South Korean Doosan Group, has signed a US$23 million contract to build the King Abdulaziz Military Academy's bachelor officer quarters and its club in Saudi Arabia. The sub-contract for the two-year project at Riyadh was awarded by the US Army Carps of Engineers
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      675 10 Where to wine,dine and entertain 1 he American Express Card. Don't le ave home without it. Get away to Sentosa .XXI' M L■ytsSf ;*v e 3w- Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies
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      Page 10 Advertisements Column 2
      114 10 > A ft The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yosteryea with The Zodiac". Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome l Cockpit HiM Ok ley Rise/Peneng Road.
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  • BANKING AND FINANCE
    • Article
      Lock icon Back to square one
      318 11 AFP INFLATION has virtually wiped out the 17.7 per cent growth in loan investments of commercial banks in the Philippines. According to a study by the governmentowned Philippine National Bank (PNB), the commercial banking system consisting of 32 banks tightened credit to local enterprises last year
      AFP  -  318 words
    • Article
      The third to seek offshore status
      357 11 SAITAMA BANK will channel its Asian loans through its new Singapore branch once it upgrades its representative office to offshore status in mid-April. In the past, such loans were conducted mainly through its London branch and Brussels subsidiary. Mr Sadao Honda, general manager of
      357 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        465 11 PURCHASES to offset oversold positions stimulated by US President Reagan's speech last week firmed up the dollar against major currencies in the foreign exchange market yesterday. The US unit opened 206.00 against the yen in Tokyo and closed 1)6.70/80 there while it moved up to 208.00/ 10 in
        465 words
      • Article
        GOLD
        260 11 SINGAPORE gold futures yesterday closed easier compared with last Friday's close after fluctuating marginally through the day in quiet trading, dealers said. Total sales for the day was recorded at 41 lots while volume for kerbs was at 111 lots mainly centred on April and June contracts, they said.
        260 words
      • Article
        Silver quotes
        34 11 New York 13.15B 13.20B t 13.4SS 13.50S Zurich 13.10B 13.00B 13.50S 13 40S Vwt Singapore 13.00B rn 13.20B 13.40S 13.60S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.
        34 words
      • Article
        TOKYO
        214 11 THE dollar for overnight delivery closed firmer at 206.70 yen, compared with a 206.00 opening here, a 206-30/50 close in New York, 205.70/206.00 on the West Coast and 205.70 here last Friday, dealers said. Trading was thin, with volume US$5B4 million. The market calmed in the afternoon with the
        214 words
      • Article
        PLR
        22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.5 per cent.
        22 words
      • Article
        ASIAN $ RATES
        193 11 ASIAN RATES ASIAN currency deposit interbank rates as at close on Feb 23. US Doll*r»<Spot) Offer Bid 7 days 15 3/16 151/16 1 month 15H 15V, 2 months 16 W 16 3 months 1615/16 16 3/16 0 months 16 5/16 163/16 9 months 15 15/16 15 13/16 12 months 15
        193 words
      • Article
        Discount
        46 11 RANGE of price* offered by discount houses on Feb 23: Overnight: 1%% Call deposits: V\% to 1v«* C losing Baying Sailing 3-month Treasury bills 613/18 611/16 3-month Bank bills 139/16 137/16 3 months CD 12H 12'/« 6 months CD 121/16 1115/16 Source: National Discount Co
        46 words
      • Article
        Frankfurt
        1 11
        1 words
      • Article
        Hongkong
        46 11 STERLING yesterday continued to weaken in active late trading on market belief UK minimum lending rate will be cut next Thursday, dealers said. The Hongkong dollar firmed to 5.2630/50 to the US unit from an early 5.2650/80 and 5.2880/2930 at the close here on Friday.
        46 words
      • Article
        LONDON
        48 11 STERLING yesterday opened sharply down on its Friday close after falling earlier yesterday in the Far East, dealers said. It opened at US$2.2640/60 and 4.7575/7650 marks against Friday's closing 2.3040/90 and 4.8360/8685. Its trade weighted index dropped to 100.1 from 102.5. Later, however sterling firmed to $2.2680/90.
        48 words
    • Article
      Lock icon SAUDI SDR DEPOSITS
      79 11 Reuter THE BANK ti T»ky« ud Dal-lchl Ku|y* Bilk decllaed eammeat ea a Japanese newspaper re part that Saadl AraMa hai depeelted special drawlag right (SDR) immlaiM maaey with them. The flaaaelal dally Nlhaa Kelsel Shim ban re parted the Saadl Arahiaa Meaetary Ageacy (Bama) depaaIted 1«
      Reuter  -  79 words
    • Article
      Lock icon Office in Buenos Aires
      50 11 AFP THE Dal-lehl Kaagye Baak, Japaa*s largest eammerdai baak, Is apealag a representative efflee la Baca» Aires teday te pre* la Argeatiaa. •P er tt It will he the hash's (earth repreaeaftatlve efflee la LaUb America, faUawtag theae la Mexlee City, Caracas aad Saa Paala. AFP
      AFP  -  50 words
    • Article
      ICB rate
      27 11 THE tateMil aid Commercial Baak will tower Its tkrtMMatt fixed deptdto rate by half pereeatege peiate te 12 per eeat teday. Its ether rates remalaed
      27 words
    • Article
      Set-up of first NZ merchant bank
      487 11  -  By ALVIN TAY MARAC MERCHANT Bank (S E Asia) Ltd, the first New Zealand merchant tank here, will concentrate on financing trade between South-east Asia and New Zealand. Sir James Fletcher, chairman of Marac Holdings, said trade between the two regions has been increasing
      487 words
    • Article
      US won't compromise
      104 11 THE UNITED STATES has officially announced that it will not support nor participate in the creation of a subsidiary unit of the World Bank that would promote development of energy sources in non-oil reducing Third World countries. The World Bank said that consultations were continuing with other
      104 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      189 11 I gives you 24-hour banking m. •Less than 1 minute per transaction •24 hours per day •7 days a week with the ATM at all ICB branches With our A TM (automated teller machine) you can make deposits or withdrawals, transfer funds from one account to another, check the balance
      189 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1773 12 BID and offer 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. SECTION ONE INDUSTRIAL COMMERCIAL Allied Choc (1.608)
    1,773 words
  • Article
    Unit trusts
    164 12 SWOAPOU UNIT ntuvr (MibiBIH' prtaaa krMN) The Commerce 3.T1 190 TV Savings Fund 214 2J5 S pore Prog Fund 1.57 l® S pare Sac. Fund 133 245 S pore Invest Fund 131 133 S pore Equity Fund L« lJi MM A UNIT T (Mmgiw' prteae Mil Invest Fund
    164 words
  • Article
    SHARE INFORMATION SERVICE
    2714 12 Gr*a Gr*s Net 1 MO/1991 Last, Div Div YTd P/E Vol Day High Low Coaptijr Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 330 15.0 23 43 133 300 230 Alcorn 300 110 23 4.0 17.0 1M 116 Allied Choc 159 -1
    2,714 words
  • Article
    In Kuala Lumpur
    1999 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number at shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDURIAU Alee* (3.088 IMS) (2) 3 04 AMD (2MB) (15) 2.M (1)
    1,999 words
  • Article
    COMPANY BRIEFS
    105 12 UIN l Mt. purcnase 01 me entire shareholdings in Sentiasa Ha run Sdn Bhd, Pfthaag CmmUiUM said the company is developing 9.787 acres of land in Kuala Kubu Bahru Town and has named it Taman Lee Sian. It does not own any other properties or land bank. The
    105 words
  • Article, Illustration
    Bulls eye situational stocks
    667 12 SELECTIVITY ceatlaaed to be Ike keynote sf tradlag at the Slagapere stock exckaage yesterday as sttaatleaal stocks malatatard their sdattllatlßg play m tavestsrs' haey. Mest Mae ehlpa, pnhaMy safferiag from the laertia sf their reeeat inactivity, failed to aha» aay olrag featarea yesterday. Bat with gaad
    667 words
  • Article
    Mixed finish on KL market
    603 12 SOME light support In the afternoon enabled share prices to finish on a mixed note at the Kuala Lumpur Stock Exchange yesterday. Sellers were more assertive in the morning which caused the market to fall after a steadier opening. However, values steadied back in the
    603 words
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  • COMPANY NEWS
    • Article
      Mining lease brightens Killinghall's future
      402 13 KILLINGHALL Tin (Malaysia) has successfully obtained a 10-year mining lease of 210.69 hectares in Selangor, a venture which could help the company's prospects beyond this year. Greater efforts are also being made to develop opencast operations which will play an increasingly important role in KilUnghall's
      402 words
    • Article
      Bovis shares ex-Chang
      136 13 TWO directors of Bovis South-east Asia, Messrs Brian Chang and Benety Chang, appear to have taken their time in informing the Kuala Lumpur Stock Exchange of the sale of some of their shares in the company. Aseambankers, on behalf of Bovis, said yesterday the two directors sold
      136 words
    • LATEST RESULTS
    • Article
      'Revolving credit' over-subscribed
      458 13 THE $27 million "revolving credit" which a consortium of banks provided to the pioneering Syarikat Permodalan Kebangsaan Bhd (SPK) during the weekend was over-subscribed more than one-and-a-half times. Emphasising this at the formal signing of the loan documents in Kuala Lumpur, managing director of Aseambankers Malaysia Bhd
      458 words
    • Article
      Strong profit recovery in first-half atUAC
      298 13 UAC BM, makers if wk» ios —11 product* and pipes, ha* reported a sharp prWlt recovery la the first half-year eaded Dee SI h the strength of Improved sales aad margins. Ike company's aaaadited pre-tax profit Jamped by a hefty Q per eeat to
      298 words
    • Article
      MUI agrees to buy hotel companies
      850 13  - MUI agrees to buy hotel companie s By THE CITY STAFF MALAYAN United Industries (MUI) directors met over the weekend and accepted the twin offers for sale of two publicly-listed hotel companies Hotel Malaysia and Ming Court Hotel by Singapore tycoon Khoo Teck Puat. In accepting the offers for controlling
      850 words
    • Article
      Lock icon UMW pays M$1.6m for Ulu Balung
      83 13 Reuter UNITED Motor Works (Malaysia) Bhd said its Sabah unit. UMW (East Malaysia) Sdn Bhd, agreed to purchase all the issued capital of Ulu Balung Estate Sdn Bhd for Msl.6 million cash. Ulu Balung has an issued capital of $510,610 and owns 800 acres
      Reuter  -  83 words
    • Article
      Rawang loan approved
      386 13 RAWANG Consolidated Sdn Bhd, a wholly-owned subsidiary of the Lim Tan and Sons Malaysian miningbased group, has obtained a $20 million loan from a consortium of lending institutions to finance the development of a housing estate just outside Kuala Lumpur. The institutions are Malaysian International Merchant Bankers,
      386 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      132 13 A I I Stlls r'K■■ <7 'V# SEiff' m f£* L~. v 1 H <SS»TS i 17' «i 7 n u f y *Y >•.>:••-*•• »wnoM| i 1 11 > J L I II -*l£ II O rrrr r; ?.> ?xm# s B™s ■na -'Simm**- > A ?MUI «a i
      132 words
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  • Article
    Straits Trading, MMC accord
    583 14 SMELTING RESTRUCTURE THE MUCH mooted restructuring of the smelting activities of Straits Trading is finally underway, after years of protracted negotiations with Malaysia Mining Corporation (MMC). A brief announcement to both the Kuala Lumpur and Singapore stock exchanges yesterday confirmed that Straits has reached agreement with
    583 words
  • Article
    Lock icon West Germany a major arms dealer
    284 14 AP WEST Germaay ku emerged u i ma jar idler af Arms, partiealuly far muMm la the Middle East aad I.atln America that the United Statea refases to sapply, a aewly released atody by a US ceagreestoaal ageacy aaya. The atody hy the U8
    AP  -  284 words
  • Article
    HUDC and singles
    63 14 WHAT evMeaee to there to Indicate that ewaershlp ti Heastog aid Urtoui Development Cmpuy (HUDC) flats by single perou sheaM be eirM to vtow sf Its fctoittoj aad uMnbie tread? The Mtototer tor NattowU Devetopmeat will be asked tbto qnestton by the Member of Parliament tor Kaapug
    63 words
  • Article
    LONDON STOCKS
    774 14 LONDON, Mem. Government bonds were firm on hopes of easier interest rates in the near future but equities were generally depressed, dealers said. At 3pm, the Financial Times index was down 1.3 points at 487.1. Government bonds finished with gains of up to half a point at the
    774 words
  • Article
    Lock icon Dow Jones
    96 14 AP NEW YORK. Mon. The stock market opened the week on a hesitant note this morning. showing little change in early trading. The Dow Jones average of 30 industrials edged up 0.49 points to 936.58 in the first half hour. But losers slightly outnumbered gainers. The bank prime
    AP  -  96 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      433 14 Exotic Food (mat *Hayva>n v < (l I sos NOTICES (Incorporated in AAalayiio) INTERIM REPORT TO SHAREHOLDERS The unaudited results of the Company foe the half rear to 31s* Dec—ber. 1960 are as foßows.1980 1979 1979/90 MI VIM **SOOO **-000 MS'OOO Turnover 46,106 31,387 78.936 before Taxation ***** 6,330 17,546
      433 words
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      Page 14 Advertisements Column 2
      562 14 11 7, i 3 SINGAPORE INSTITUTE OF MANAGEMENT DEVELOPMENT PROGRAMS MARCH APRIL, 1981 COURSE TITLE Administrative Office Systems Executive Growth Workshop Computer Appreciation for Secretaries/Administrative Assistants Advanced Purchasing Supply Workshop Breakthrough Sales Management in Turbulent Times Breakthrough Large Sales in Turbulent Times Effective Letter Report Writing Implementing NWC Recommendations through
      562 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      61 14 g=W,E T ftT:HERg Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair. Report for 24 hours prior to 7Jt p.m. on Feb 23 at the airport. Maximum temperature 32.4 Associated humidity 60 Minimum temperature 24.3 Associated humidity 96 Hours of sunshine 7.10 Rainfall in millimetres ~...Nil Total rainfall
      61 words
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  • SHIPPING TIMES
    • Article
      Lock icon Three countries to discuss new traffic scheme
      167 15 UPI SINGAPORE, Malaysia and Indonesia will meet in March to discuss rules to prevent ships from colliding in one of the world's busiest sea lanes, shipping sources said. The rules will be part of the traffic separation scheme for the Straits of Singapore
      UPI  -  167 words
    • Article
      Delays in completing Tanjong Berhala's base
      708 15  -  By G DURAIRAJ The completion of the supply base in Tanjong Berhala, about 130 km from Kuala Trengganu on the east coast of Peninsular Malaysia, has been delayed following difficulties encountered in the construction of the quay. The $60 million supply base, which is
      708 words
    • PORTSIDES
      • Article
        Lock icon Shell tanker grounded
        64 15 Reuter THE 19,656 dwt EJrodona, built in 1978 and owned by Shell Tankers (UK) Ltd, has gone aground off Port Kaiser Jetty, Jamaica, Lloyds' shipping department said. It said one centre tank is open to the sea and about 600 cubic metres of fuel oil have been
        Reuter  -  64 words
      • Article
        Lock icon New Sea-Land man
        44 15 AFP SEA-LAND services the world's largest container fleet has named Stephen Gill as its new manager for Thailand. Mr Gill, who has held various Asian Sea-land posts in the past five years, replaces Gary Ritzman, appointed southern California marketing manager. AFP
        AFP  -  44 words
      • Article
        Lock icon French building gloom
        49 15 Reuter A RECOVERY in French shipbuilding cannot be expected in the immediate future, taking into account 1980 figures for ships under construction, the Shipbuilders' Association said. Gross tons launched fell to 417,286 from 724,611 while gross tons delivered fell to 288,781 from 724,440, it said. Reuter
        Reuter  -  49 words
      • Article
        Lock icon BAF up, CAF down
        121 15 Reuter THE Australia/West India and Australia/Sri Lanka outward shipping conferences said they will raise the bunker adjustment factor on these routes to 24.78 per cent from 21.72 per cent, effective March 10. Meanwhile, five freight conferences covering trade between Europe and the Far East said they
        Reuter  -  121 words
    • Article
      INDEX TO ADVERTISERS
      668 15 Shipping lime ptt CM Shtpptag Line C*1 Achipelego vn 2 Everett Orient TV 4 Adriatic IV 2 Evergreen IV 3 Afea VI 3 Fargo vm 3 Alfred CT vm 1 Feaco vn 4/5 Afro-Eurasia VI 2 Flotta Lauro v 5 All trans VI 3 Fortune VI Alpac
      668 words
    • Article
      Container Schedules
      850 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy Estimated Shipping No. Time of Lines Arrival Gdn Mode of Operatn Date Time S. Profsoyuzy lew 25.2.81 1200 K. Romas 3CE 265.81 1500 P. Eisenhower 81/2 26.2.81 BungaPenaga 8B/9A 26.2.81 0700 Hangang Glory 2
      850 words
    • Article
      LONDON FREIGHTS
      1439 16 THE NORTH American grain sector remained steady on Friday with business from the US£ulf to the Continent at March at U5519.50 recording a 25 cent advance, while $23.27 Ho was agreed for a cargo from the Gulf to Seaforth with Feb/March loading. A March cargo oi grain from
      1,439 words
    • Article
      Lock icon New accusations and data on Tampomas 2
      702 17 AFP FRESH data and more accusations this week over the Indonesian passenger ship Tampomas 2 case indicated that the disaster's death toll might have been actually double and that the vessel somehow had been deliberately let to sink. Crew members of the illfated
      AFP  -  702 words
    • Article
      SHIPS IN PORT
      248 17 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Anchan (1400 after Yamasugi Maru) 5 Arauco (Maiden Voyage) (1400) 47 Bangsaen (Tanker) (0600 P/O, subject gas free, after Car Ace No 1) 13/14 Dolly Turman (after Nedlloyd Simonskerk) 15/16 Equator (after Builder II) 22 Hong Ming (0500 shifts, after Barents Sea)
      248 words
    • Article
      Lock icon Freight rates to remain low for large tankers
      312 17 Reuter FREIGHT rates for large tankers loading in the MidEast Gulf are likely to remain at their current extremely low levels in the immediate future unless there is an unexpected massive spur in demand, tanker broker Galbraith Wrightson says. Increased chartering of
      Reuter  -  312 words
    • Article
      'Boxes' in use reach 3m units this year
      880 17 AS OF the end of 19T9, the world had 542 full-container-ships with a total hauling capacity of 624,000 TEUs, or up 18.6 per cent over a year before, according to a recent report by NYK's Research Chamber. Containerisation is spreading fast from
      880 words
    • Article, Illustration
      REMOTE CONTROLLED HAMMAR-LIFT
      162 17 GOOD news for freight forwarders and transport companies a container trailer with built-in gear for remote controlled loading and unloading of containers is being marketed in this region. Called the Hammar-lift, the flexible transport can handle flat-bottoms, tank < containers, worksite offices apart from the standard 20
      162 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2487 21 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      2,487 words
    • Article, Illustration
      People In Shipping
      292 22 THE Nedlloyd Sinoutskerk was on her way to Singapore from Hongkong on November 5, last year when an officer spotted a dilapidated refugee boat. "We found 303 hungry Vietnamese refugees whom we rescued and later handed over to the Singapore government," said Captain T Terhorst, master of
      292 words
    • Article
      Lock icon New twin-screw hull
      125 22 AFP A JAPANESE shipbuilding firm has developed for the first time in the world a hall form with catamaran stern which would rednee vessel's fuel consumption by 12 to 18 per cent compared with the conventional stngle«crew ship. Sanoyasn Dockyard Co of Osaka hopes to lannch the
      AFP  -  125 words
    • Article
      Norway bulkers claim faster unloading time
      510 22 SPEEDIER turn-round times and a greatly reduced need for dockside facilities are among the advantages claimed for two advanced self-unloading bulk carriers currently under construction for a Norwegian shipowner. Placed by the Kristian Jebsens Rederi firm of Bergen, the contract for these newbuildings is
      510 words
    • Article
      The Consortia
      133 22 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (FAB EAST/EUROPE): Franco Belgian Services. •K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines. Neptune
      133 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      505 15 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS See Page V J A RDIM W I \H I I* J. SMS KPTUKC Orient Overseas Co*Ua*teA. Line FULLY CONTMNEMSED SERVICE TO EUROPE (VIA SUEZ) I H
      505 words
    • Advertisement
      Page 15 Advertisements Column 2
      372 15 OSEALORDO I rm UASC UNITED ARAB SHIPPING CO (SAG) GULF EXPRESS MULTI-PURPOSE SERVICES Iraq cargo acceptable intramif S'pore Loading for mi IRECT SMI SEALOW) SMPTMG AGENCES (Ref. No. *****5/OOC) 3RD FLOOR. MARINA HOUSE. SINGAPORE 0207 TEL *****94 TELEX NO R*****9 CFS OFC PSA GOOOWN NO 50 RM 3 TEL *****31
      372 words
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      Page 15 Advertisements Column 3
      19 15 CONTAINER Schedules O LONDON Freights H/m SHIPS In Pert Uj shipping List vn REGIONAL Weather vm PEOPLE In Shipping
      19 words
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      Page 15 Advertisements Column 4
      792 15 VXUU" A Times Pefoacois Pubhcatton T"\ SINCAPDRJ-. Business FOR I PEOPLE WHO MATTER MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASiAN J Feeder V—>| f MAERSK RANDO M. R./MONDO MAERSK RAfOO MAERSK MANGO MAERSK RAMDO MAERSK MANGO MAERSK MANGO MAERSK MANGO MAERSK MANGO SWGAPOtt
      792 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      854 16 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 Cantaww Serwce "rap* Feeder *P Mang Vessel S'pore 1) Mserfles 2) Rdam 3) H burg 4) Gbu B DAHLIA SM B SURIA 25/2
      854 words
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      Page 16 Advertisements Column 2
      264 16 BBS SUPERCARRIER SERVICE TO: PANAMA US ATLANTIC E. CANADA US GULF TO: CALIFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE also accept* iu i* rm mm* m u» Mb TO: VENEZUELA CARRIBEAN 53E GULF US ATLANTIC E. CANADA 24/2 2/3 4/3 I 5/3 12/3 5/3 17/3 U/3 4/3 22/3 25/3 IDT
      264 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      889 17 OCL Overseas Containers Limited Weekly service to/from UK/Europe CONTAWEESHP StKVICt TO UK/CONTRBIT Hm+m* Haabvg I Sp HWg PKetang D'rnark UwpMlßay L»|* Bay Keetonßay City M E tabu (ft Osakarßay Eft*M«u Eapress 25 Feb 27 Fcto 20 Eiprett 6Mb I Mar 27 IS 20 17 1 7Apr «Apr 2t Ma> 21
      889 words
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      Page 17 Advertisements Column 2
      468 17 rrr Franco Belgian Services •h. ,i hr, ,ch s, r> j {'n B, r s"» r»: f "ON (it: amioni ummmawm KKim I"4m H*k«| IKmi fMf la tare fJUta* SWt 4 *'A 3FA SFA 7FA 25 FA 27 FA UFA IU IF* 11FA UFA 3MB SMB 15 FA 13 F«*
      468 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      836 18 Hapag-Lloyd TO MOUTH EUROPE Monflonf [ipreu HamOuri Eipress Kisufi Mwu Liverpool Bay larp Bay 25 2 27/2 6 3 «/3 15 3 173 20 3 20 3 22 3 21 3 29 3 Mnetateai Mil Rickmer s Etha hckmtrs TO USA/C WAD* Feed*' I—Mw by Ouka Bay S doic P*
      836 words
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      Page 18 Advertisements Column 2
      610 18 ItS.S. LINE KOREA ZZ P. Kelang PENANG STORE VEGA 157* h Port 27/2-1/3 2-5 March FROM BUS AM BANGKOK VEGA 15# In Port 27/2-1/3 2-5 March TO BUSAN ALTAI 161W 12-15 March 16-1S March 20-23 March FROM BUSAN BANGKOK ALTMR 162E 12-15 March 16-18 March 20-23 March TO BUSAN KSC
      610 words
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      Page 18 Advertisements Column 3
      614 18 ©EVERGREEN LINE PAR 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 romvrr HOLLAND SBISTOam Spart M Hjmtwt Frintom Antmrp It Hjn [»«¥*•> 3/U 24/03 2C/03 M/ 03 31/03
      614 words
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      Page 18 Advertisements Column 4
      976 18 Burna Fivo Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON PAGAN MM HTMT«KTN« PAGAN 8 F S S C Agents m Moloyvio BOUSTEAD SHIPPING TEL NOS KL *****2/*****9 Compsma Arpwitina D« Nawncioi Imarcoirtintfitai S. A. C.I. F. f/ "ARGENTINE NATIONAL LINE" 10MNNG FOR DURBAN MONTEVBEO BUENOS WES C7S Transport
      976 words
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      Page 18 Advertisements Column 5
      436 18 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. \m SANKYO LINE JAPAN/STRAITS SERVICE K LUMPUR IU 04*44 414 7SI CON INNER BOOKMG OCEAN SHTfMG STORE IU *****44/7 MLAI-S CONTMO P. KUANG TU (347. R973/4 SUB AS NTS t KELANG EAST ASIA SHTPMG TEL 31 -9732/3/7251 PENANG MALAYSIA TRADE t TRANSPORT TU (7193
      436 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      428 19 PIL GROUP EAST AFRICA/REDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE KOTA RATVI 5/8 Mar Colombo, Karachi, Bombay KOTA 20/25 Mar Karachi, Dubai, Kuwait MAKMUR SINGAPORE/CHITTAGONG/RANGOON/SERVICES KOTA BUANA. KOTA QAJAH. Singapore 28/3 Mar Loading For: Chittagong, Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES 27/2 Mar KOTA PELANGI 14/17 Mar SINGAPORE/INDONESIA/SINGAPORE SERVICES FULL CONTAINER SERVICE TO COLOMBO.
      428 words
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      Page 19 Advertisements Column 2
      302 19 BLUE STAR LINE Btofc SINGAPORE NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND, WELLINGTON, CHRISTCHURCH A FIJI SHIP SAIS SPORE NEW PLYMOUTH PT CHALMERS AUSTRALIA STAR K MAR 7 APRI 9 APR*. NEW ZEALAND STAR 8 APRI ?1 APR* 23
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      Page 19 Advertisements Column 3
      911 19 BEN LINE 1 CONTAINERS TO MMn •ttnftonf !ipri» HaaM| Ei|tni Kiufi Mm Ln«rp**l Bar Larp Bit Kaatoon Bit My tt EMwffc EXPRESS CONTAINER SERVICE TO/FROM EUROPE HBURC B HAVEN ROAM HAVRE SOTON 2J/1 18/3 1/4 »/3 J/« 11/4 12/4 5/4 J/4 11/4 12/4 M/ 4 28/4 22/4 15/4 25/4 23/4
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      Page 19 Advertisements Column 4
      606 19 3r N 51 i i Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE w s2)Rfla« 3IH tMi'|4lG <W| I DAHLIA SM I PENAGA 27/2 I OMI* S 3 e PENAGA 13/3 8 OMJA 21/3 B PENAGA 71/ 3 1) tarcateu Own Lahore 2) Amterda* *nt»«rp L« Maw« Liverpool. UK Canary Wats J)
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      Page 19 Advertisements Column 5
      561 19 BOUSTEAD SHIPPING AGENCIES \24 BANK LINE FOR REUNION I SOUTH AFRICA A VESSEL SINGAPORE 30/3 •♦o Reunion 1/4 Dwbon 16/4 Copetown 23/4 21/4 (also accepting East London and Maputo car^o) Lukes/ 4 Lines U.S. WEST COAST SERVICE Ifctd from SfO Lbch SPO«t S ASHEY LYKES Sid SU 27/2 i BMNTON
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      723 20 FEEOCK VESSELS* P* dory Ate 05* S« EXPRESS CONTAINER SERVICES TO NORTH AMERICA ETC n SP MOTHER *SSELS TK LA SjM 25/2 KashuMaru J4/3 24/3 ttkj.i Mara |«/3 Ne« Tart Mara 17/3 3/3 5/3 Amenta 31/3 Hot*; Mara 21 3 intmt Mara 24/3 12/3 14/3 GoMtn 6aH 30/ 3 J/4
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      Page 20 Advertisements Column 2
      613 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE loadint tor LOS ANGEIES SAN FRANCISCO SEATTLE. lACOMA VANCOUVER B C Acceptor* FCI/FCI Cantjmrt P Mint Singapore I Alleles PARAS" KF«k 27 FA 1 Apt AUSTRALIA EXPRESS CONTAINER SERVICE Acccptmf FCI/FCI Corttmtn NEW ZEALAND SERVICE iu*i to dim dm (rmnoA auiMsroa. auciiMti ticvm,
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      Page 20 Advertisements Column 3
      437 20 f 3 SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 114 L INE SI TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6B A B CARSHIP CABLE CARGOSHIP Sail l!9f al llontniner Lines WEEKLY CONTAINER SERVICE to/from BANGKOK SISGAPORt; ISLANDS USE MIDDLE
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      Page 20 Advertisements Column 4
      655 20 KORINS MARITIME SERVICES Room 601. ICB Building. Shenton Way. Singapore Tel: *****22 *****67 PTE I TO MIDDIi EAST/RED SEA/EURPPE SERVICES ICK LINES A me maw ol me Si"** Group ol Compares LINER SERVICE fROM KOREA TAIWAN HONG KONG T 0 SINGAPORE Mm Busan KtHux H.Konf S pore HAH K00«.... 1
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      Page 20 Advertisements Column 5
      673 20 INTRASEA (PTE) LTD Faber House 234E Orchard Road Singapore 9 Telephone *****H *****57 REGULAR MDETOBENT SERVICE TO EUROPE S port P. Kateni Penanf Laataf tar: BENNEVR NBIO3 28 F»b 3 Hard) BOULOGNE I DAM UK (AVON) Apart* Sai( apart MTRASEA (PTE) IV *****11 BOOKMG *****57 K. UMpw- YEO StVPMG TRADMG
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      601 21 TO EUROPE/UK (VIA SUEZ): S.S. BMDGE 30* N. GARNET 4W K. CHANCE 2W C. PAUL 26 W TW BMDGE 5N C. ROZE 24W K. lACEWON 12*1 Containers Feedered to/from F'stowe Also accepting cargo to/firom Scandinavia S.S. BRIDGE S'pore Dosing Times: FCL Cargo LCI Cargo FROM EUROPE (VIA SUEZ): 1400 24/2
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      Page 21 Advertisements Column 2
      335 21 MALDIVE LINES ETA SPORE MALDIVE NEIGHBOUR loading For Dubai/Dammam/ Kuwait MALDIVE PEACE Loading tor Bahrein/Kuwait Loading I MALDNE ETA KUANTAN Loading tor Kuwait MALDIVE PIONEER Loading For Jeddah MALDIVE MPORTER Loading For Mate MALDIVE PROGRESS Loading For Muscat/ Kborftakan/Dubai/Wxi Dhabi MALDIVE PLEDGE Loading For Jeddah MALDIVE SEAFARER Loading For Kuwait
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      Page 21 Advertisements Column 3
      506 21 SINSOV SINGAPORE SOVET SHPPMG CO PRIVATE LTD SMSOV BUUNNG 55, Market Street Seaport 0104 Tehphew Nnkm *****3 (10 Urns) Cable Address SMSOV SMGAPORE Telex Umbers IS ***** RS ***** RS ***** r, M/S SHARBIAT NAM SOON SON. M. IST AND 2ND FLOOR, NO 1. JALAN CEMPEIRNG. PORT RIANG. MALAYSIA. Tel:
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      440 22 "A ANTOLL LINES i Owect Bls to Adelaide Melbourne Sydney Brisbane Independent FCL Container Conventional Liner Service SING*PORE I N SUPPING PTE LTD 1401-5 Rob«ia House. Siientor Wa» Smjapore 0106 Tli RS ***** Tel *****11 Bkfs *****4 3 *****23 KtST MALAYSIA HS H <M) Sdn Bhd Kl Tel *****3 *****7
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      Page 22 Advertisements Column 2
      373 22 PERKAPALAN LAUTAN BIRU SON. BHD. P O Box 220. Kota Kmabaki Sabah REGULAR UNM SMVXi Sabah s«rawak Bangkok Singapore Port krtang Vessels Penang P.Klang S pore Loading for LMJTAnIIMIA 23 Feb 26 Feb Kudat, KK LAUTAN RAM LAUTAN ENAM LAUTAN TIGA 25 Feb 2S Feb 7 Mar 13 My KK.
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      Page 22 Advertisements Column 3
      281 22 HONG KONG ISLANDS LINE F US STATISSERVIO US WfM C OAS I AND U S C,l lit Accepting FCL Only FARGO SHIPPING COMPANY (PTE) LTD. TEL. *****48 TELEX: RS ***** EUROFRA OPRACHT (MALAYSIA) Pracht SON. BHD. REGULAR INDEPENDENT CONSOLIDATION TO THE I FOLLOWING PORTS:VESSELS ETA PORT KELAMG LOADING FOR 2/3,
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      157 22 SHIPPING TIMES, Tuesday, February 24.1*81 A Regional Weather O Jm a fa ?ss ?8 8 <: 4 lib. °c ~y win< Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R. Thunderstorm Temperature °C Shower Weather Wind direction with speed
      157 words