The Business Times, 26 February 1981

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, FEBRUARY 2«, 1981 60 CENTS
    11 words
  • BRIEFLY...
    • 57 1 AFP BEIJING, Wed. The government of Premier Zhao Ziyang is to be reshuffled in the next few days, New China News Agency said today. Reporting on the opening here of a meeting of the National People's Congress Standing Committee, the agency said, "Appointments to and removals from official
      AFP  -  57 words
    • 69 1 AFP MOSCOW, Wed. The US Embassy here has protested to the Soviet Foreign Ministry after Soviet militia entered the embassy grounds to seize and remove a man apparently seeking asylum, US sources said today. Dissident sources said the man, a Soviet citizen who has not been identified,
      AFP  -  69 words
    • 74 1 Reuter NEW DELHI, Wed. Prime Minister Indira Gandhi said that India has informed the US government it would not accept continuing delays in supplies of American enriched uranium for India's Tarapur atomic station. Mrs Gandhi told the lower house of parliament (Lok Sabha) in a written
      Reuter  -  74 words
    • 86 1 AP ISLAMABAD, Wed. Pakistan's military regime has arrested 21 more political figures, bringing the number detained in the past week to nearly 30, while anti-government student disturbances spread to Karachi, reliable sources reported today. Student activists set an army major's jeep aflame at Karachi University after the officer
      AP  -  86 words
    • 69 1 Reuter LONDON, Wed. Union leaders of Britain's 42,000 gas industry manual workers said they rejected a revised pay offer which raised basic rates between 9.1 and 10.2 per cent from between 8.9 and 9.9 per cent. The offer will be put to all union members, but
      Reuter  -  69 words
    • 72 1 Reuter NEW DELHI, Wed. Prime Minister Indira Gandhi said that India has informed the US government it would not accept continuing delays in supplies of American enriched uranium for India's Tarapur atomic statiori. Mrs Gandhi told the lower house of parliament (Lok Sabha) in a written reply that
      Reuter  -  72 words
    • 53 1 AFP HONGKONG, Wed. The Belgian government denied through its consulate here that it planned to sell a number of military aircraft to Taiwan. The denial follows reports from Taipei of an alleged deal between Belgium and Taiwan following the controversy in Holland over the sale of two submarines
      AFP  -  53 words
  • Chief Price Changes
    • 124 1 Rises SEAL C Sugars Sel Properties Hong Leong Ind O U E Rahman Hyd H Leong Credit Tan Chftng Faber Merlin Keppel Ship U 6 I 970 1050 1600 1060 1250 1700 810 670 340 585 304 +180 140 80 70 60 50 45 40 38 35 34 Falls
      124 words
    • Article, Illustration
      155 1 Rises Sea Lumber 580 150 Rahman Hyd 1880 50 Keck Seng 620 40 M Banking 1200 40 MUI Ind 2290 40 Tan Chong 710 30 KL Kepong 620 30 Hong Leong Ind 1100 30 Falls M U Ind 2290 -60 Boustead 950 -30 D Keramat 1720 -30 C
      155 words
  • 503 1  -  By CATHERINE ONG 'THE CHUA family of Cycle Carriage is strengthening their presence in the local hotel sector with a $25 million deal to buy over Garden Hotel in Balmoral Road. The 86-room hotel standing on 5,350 sq metres of residential-zoned land together with the 4,140 square
    503 words
  • 136 1 SANKYO Electric Co is setting up a $12 million subsidiary in Singapore to make car airconditioning compressors for export to Asia, West Asia, Africa and other markets. Production will start next year and some 100 workers will be employed. The factory will be the
    136 words
  • 581 1  -  By RONNIE LIM THE GOVERNMENT has set up a second shipping company after national carrier Neptune Orient Lines (NOL). The new company, Fullerton Alpha Shipping, is mainly to operate oil tankers in connection with the Singapore National Oil Company (SNOC). Fullerton Alpha, officially incorporated last December
    581 words
  • 248 1  -  By LILLIAN CHEW SINGAPORE suffered its largest monthly trade deficit for more than two years in January. The deficit was $1.5 billion, almost double the average monthly deficit recorded last year. It is 113.6 per cent higher than that over the corresponding period
    248 words
  • 274 1 MING Court Hotel appears U have kmc ahead with the appointment of a merchant hank to advise its minority shareholders without first consulting its board of directors. A high-ranking official from Ming Coort Hotel is believed to have approached Standard Chartered Merchant Bankers on
    274 words
  • 474 1  -  By AGNES WEE A PROPERTY management executive has called for the setting up of a professional body to regulate activities of professional building management agents. Mr Wan Fook Kong of Jones Lang Wootton said it would be useful to have a formally instituted
    474 words
  • Page 1 Advertisements
    • 6 1 is Car Audio FUJITSU TEN LIMITED
      6 words
    • 252 1 BOTTOMING OUT IN READINESS FOR BIG PROFITS Stocks in basic U.S. industries at last ready for big move Some major U.S. companies have been in years of hibernation because of repressive fiscal, monetary and regulatory policies. Now a new Reagan government has promised tax cuts and Incentives, along with de-regulation
      252 words
    • 73 1 3SMDB MALAYSIA to streamline Incentive 5y5tem....................... 2 YUGOSLAVIA in the post-Tito peri0d....................................... fi GONE are days of record earnings for steel Industry 7 SHIPPING TIMES IMPRESSIVE results at Perils P1antati0n5............................... 11 HONGKONG unveils generous budget proposals 12 INDONESIA denies secret Opec meeting.................................... 12 CROSSWORD C, TV AND RADIO C, WHERE
      73 words
    • 109 1 GOOD =fil»] :r« MATTERS T 3Times Bookshops I mt* Oiiirtf (mm Rafe*t*au*t >«**» I rfflr Ocvu >cr«c*(»!'t ******2 Ot**n T J3W V"H— »o>7] •Ci»*»0«0 »o»**MOuCt The performance of a console-size copier, without its cost. mma 11 1 w The desk-top size Ricoh DT1750. Clear, crisp copies 35,000 copies or more
      109 words

  • REGIONAL
    • 437 2 Reuter THE Indonesian Foreign Minister Mochtar Kusumuatmadja has said the latest Soviet statements on the Kampuchean crisis, while not totally acceptable, have increased the possibility of an international conference to find a settlement in Indochina and enhance regional peace. Dr Mochtar also
      Reuter  -  437 words
    • 221 2 AFP THE UNITED Nations Secretary-General, Dr Kurt Waldheim, is expected to name a special envoy to explore the possibility of holding an international conference on Kampuchea as envisaged in the UN Resolution. A senior Asean diplomat said in Kuala Lumpur yesterday
      AFP  -  221 words
    • 225 2 Reuter THAILAND supports the decision by former Kampuchean Head of State, Prince Norodom Sihanouk, to lead an anti-Vietnamese resistance group. Disclosing this in an interview yesterday, Thai Deputy Premier Thanat Khoman said Prince Sihanouk's decision "would not be a bad thing for us. If he
      Reuter  -  225 words
    • 552 2 FOSTER COMPETITION THE Malaysian government intends to streamline the system of incentives to promote a more competitive and efficient manufacturing sector. Disclosing this on Tuesday, Finance Minister Razaleigh Hamzah said improved administrative procedures for granting incentives would help overcome three structural problems which the government
      552 words
    • 420 2 Reuter JAPAN hopes to settle its car export disputes with the United States and Western Europe at about the same time because of their important three-way trade relationship, International Trade and Industry Ministry (Miti) officials said in Tokyo yesterday. The officials
      Reuter  -  420 words
    • 275 2 AFP A "CONFIDENT view" of prospects for Japan's economy and its equity market has been given by leading London Stock Exchange broker Phillips and Drew in its monthly bulletin. The broker points out that the improvements in the country's economic fundamentals, such as the
      AFP  -  275 words
    • 163 2 Reuter GROUND staff employed by Qantas yesterday voted to stay on strike at least for another six-days as the 11day dispute worsened. The dispute centres on union determination to force Qantas to give up the use of volunteer labour to replace
      Reuter  -  163 words
    • 257 2 Reuter CHINA will make greater use of foreign loans in future provided the interest rates are low enough and the terms are suitable. The People's Daily also reported yesterday in a front page editorial that in future the country's hardearned
      Reuter  -  257 words
    • WORLD IN BRIEF
      • 507 2 Agencies ROLLS-Royce, the leading British engineering company, will hold a major symposium on gas turbine technology in Jakarta next month, the Indonesian Research and Technology Ministry said. The symposium will examine developments in fuel saving technology and look at the growing use of gas turbine in power generation
        Agencies  -  507 words
    • 197 2 Reuter PRESIDENT Chun Doo Hwan was yesterday re-elected to a seven-year term as South Korea's head of state, officials of the central election management committee said. President Chun obtained votes from more than a simple majority of the 5,278-member presidential electoral college, they said.
      Reuter  -  197 words
    • 799 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JFKSFOHKG MAS MH601 0630 KUL SIA SQI01 0815 KUL MAS MH605 0830 KUL MAS MH621 0635 PEN RBA BI421 0930 BWN MAS MH671 0930 KUL SIA SQ211 1000 HLP SIA SQ103 1000 KUL CPA CX710 1005 HLP
      799 words
  • Page 2 Advertisements
    • 127 2 AUSTRALIAN > MANUFACTURING BUSINESS FOR SALE AN ESTABLISHED AUSTRALIAN PUBLIC COMPANY INTENDS TO SELL A MANUFACTURING SUBSIDIARY. THE SUBSIDIARY MANUFACTURES SPECIALISED FINISHING AND J CONVERTING EQUIPMENT FOR THE PAPER, FILM CONVERTING AND PACKAGING INDUSTRIES. ITS PRODUCTS HAVE BEEN WELL ACCEPTED OVER THE LAST 23 YEARS IN ESTABLISHED MARKETS BOTH IN
      127 words
    • 3 2 Leader page C
      3 words
    • 71 2 'HE*/) MEZ Electric Motors (Czechoslavakia) Mez electric motors well-established In Europe Middle East, Thailand and Indonesia are now available in Singapore among best quality products made in Europe most competitive prices over 3,000 units (0-5 Hp to 100 Hp available ex-stock) full spare parts and service support Ta P sole
      71 words

  • OVERSEAS
    • 393 3 UPI POLAND'S communist pfcrty leader on Tuesday asked the Soviet leadership for time to end his nation's seven-month labour revolt independently, but accepted the right of the Socialist bloc to take military action if necessary. Stanislaw Kania did not cgspute Leonid Brezhnev's
      UPI  -  393 words
    • 347 3 Reuter THE SPANISH army general named by rebel civil guards as the leader of the abortive right-wing coup has been dismissed from service and placed under arrest. An official communique said General Jaime Milans del Bosch, military commander of Valencia, and all those known to have been
      Reuter; Source: AP photo  -  347 words
    • WORLD IN BRIEF
      • 377 3 Agencies THE United States remains committed to the Camp David peace process, but will give "most immediate priority" to combatting Soviet threat in the Middle East. State Department spokesman William Dyess said the peace process and combatting Soviet threat reinforce one another. WEST Germaay's real grsss
        Agencies  -  377 words
    • 245 3 AP BRITAIN'S Conservative government has unveiled a multibillion-dollar aid package for the stateowned British Steel Corporation (BSC) to bail it out of its financial difficulties. Industry Secretary Sir Keith Joseph told the House of Commons the aid will amount to writing off corporation
      AP  -  245 words
    • 429 3 Reuter PRESIDENT Reagan yesterday signed an executive order to start returning billions of dollars of Iran's assets, but said there were still serious differences between the two countries. The order will implement the agreement which led to the release of the 52 American
      Reuter  -  429 words
    • 166 3 NYT PRESIDENT Reagan said on Tuesday be has "no intention" of involving the United States inextricably in the fighting in EH Salvador, but be declared that his administration would continue to support the government there against those committed to its "violent overthrow". His comments
      NYT  -  166 words
    • 703 3 AP Reuter THE GOVERNOR of the Saudi Arabian government oil compaay, Petromin, has denied reports that the Saudis plan a sharp oil-produc-tion cutback or a price increase. Said Abdulhady Hassan Taher: "Those reports are incorrect. They have been denied officially
      AP; Reuter  -  703 words
    • 430 3 AP US TRADE Representative William Brock HI told Congress that the United States must eliminate programmes and regulations that inhibit domestic companies from taking full advantage of world trade markets. In an appearance before the joint economic committee, Mr Brock said key export "disincentives" are
      AP  -  430 words
  • Page 3 Advertisements
    • 76 3 Inn Of Happiness A double taste treat with a difference. The Business Shoppers Lunch. m Q m r r 1 Four specially selected Cantonese and Szechuan dishes plus a soup for just $50h- for up to 6 persons or $85++ for up to 10 persons. Monday through Sunday at the
      76 words
    • 170 3 FIRST CITY NATIONAL BANK OF HOUSTON'S REPRESENTATIVE OFFICE IN SINGAPORE HAS JUST UNDERGONE A WELCOME CHANGE Our Representative Office in Singapore is now a branch that specializes in energy planning. And that's a change we're pleased to announce. For now we can take deposits, manage trade financing and handle medium
      170 words

  • RAW MATERIALS
    • 210 4 Reuter TAPIOCA and comgluten imports into the UK this year for use as grain substitute in animal feed compounds are likely to show a very big increase. Traders and compounders said the high price of grain, which is traditionally used by UK compounders in animal
      Reuter  -  210 words
    • 190 4 SOYBEAN futures in Chicago on Tuesday 'ended V/ cents a bushel higher to down 4Vi cents. Prices settled at or near the bottom of an 11 cent range with most contracts posting losses. Steady unwinding of bear spreads made last week, buying nearbys/selling deferreds, in reaction to recent prime
      190 words
    • 197 4 WHEAT futures in Chicago on Tuesday closed on the bottom of a ten cent range, down four to 7Vi cents a bushel in mostly local trade. Local long liquidation was touched off by trade nervousness over extended forecasts of precipitation in major US winter wheat growing areas, traders said.
      197 words
    • 227 4 THE Singapore market yesterday closed slightly lower with March One RSS buyers quoted at 270.75 cents per kilo, down 1.75 cents from Tuesday's close. Morning prices were marked down about two cents on some speculative selling and stale bull liquidation. Afternoon prices recovered slightly on some speculative buying. In
      227 words
    • 295 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f o b. M OO 270.00N Int. 1 R.S.S. March 271.00 271.50 Int. 1 R.S.S. AprU 274.75 275.25 Int. 2 R.S.S. 253.00 2M.OON UK Com 252.00 253.00N Int. 3 R.S.S. 250.00 251.00N
      295 words
    • 110 4 NOON SSI 1 and SMR pncm ym ardajr BA8 March April ICmuMtk) Bay ara Bailors (Forward Mth) Baysrs BaUara SSR20 (1-ton palkt) moo 144.006 144.00 *****N asRso (1-toa palkt) 238.00 140.00N 240.00 242.00N MRELB SMRCV (1 -too palkt) ***** 297.00N 297 00 299 00N SMS L (1
      110 words
    • 74 4 THE STRAITS tin price in Penang yesterday was unchanged at M 531.25 a kilo, still within the International Tin Agreement's middle range of $9MI and $32.74, dealers said. Steadier overnight London advices and small buying support from Europe, Japan and locally helped the market to maintain Tuesday's level
      74 words
    • 31 4 Rubber: Feb 25 Singapore: March: 270.75 cents (down 1.75 cents) Malaysia: March: 293.00 cents (down 2.50 cents) Tin: M$31.25 per kilo (unchanged) Official offering: 240.4 tonnes (up 75.54 tonnes)
      31 words
    • 107 4 Reuter A NUMBER of North American companies raised their copper prices last week. Magma Copper Co raised its electrolytic copper full plate cathode price to 85 cents a pound from 83, while Asarco raised its domestic spot selling price for electrolytic copper two cents to 87
      Reuter  -  107 words
    • 173 4 CHINESE Pradaee Exchange, Slngapsrr, dsstag pric** per IHkg yesterday. Cwml ail: Bulk fob $129.00 sellers, 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 Asia NLW $425.00 sellers, Sarawak white pepper faq fob
      173 words
    • 195 4 YARN and cotton pices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttsa yara: China Blue Phoenix 20b 2,230; 32s 2,785, 40s 3.000 (per bale of 400 lbs). Piece gssis: £hina Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      195 words
    • 332 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.28, 100 per cent second class 1.02, 100 per cent third class 1.01, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special
      332 words
    • 889 4 COFFEE: Robusta coffee futures yesterday closed about unchanged to £2 higher with July position last traded at £1,065. Turnover was only 562 lots including 12 options. Dealers said the market was exceptionally quiet and there were no reports of fresh physical business. Roasters have covered their basic requirements
      889 words
    • 127 4 IN THE Kuala Lumpur market yesterday, interest focussed on the March position as the market ruled weak on light selling in moderate trading, dealers said. For March, the southern region dropped Ms3"to $1,010 a tonne, central eased $7.50 to $1,007.50 and north $10 to $1,020. The refined market
      127 words
  • ASIAN STOCKS
    • 517 4 TOKYO SHARE prices yesterday gained further ground after Tuesday's rally on selective buying in blue chips and high-priced electricals, dealers said. The market average rose 10.43 to 7,121.66 in moderate trading, with volume 300 million shares. The Tokyo Stocks Exchange index ended at 504.94, up 1.42. Sony
      517 words
    • 293 4 THE market yesterday opened firm on a continuation of Tuesday's closing momentum. After the early sellers dissipated, the market worked its way up until it reached a peak around 11am. The second half of the session featured primarily mixed trading until late profit-taking trimmed some of the early gains.
      293 words
    • 288 4 PRICES yesterday closed mixed in dull trading with the Australian all ordinaries index falling 0.6 points to 651.1 and the all industrials 0.3 to 683.3. dealers said. Among leaders, BHP was unchanged on $13.50 and CSR rose 8 cents to $6.30. In mining, WMC rose 8 cents to $4.58
      288 words
    • 253 4 PRICES yesterday closed mixed in quiet trading, dealers said. First Trust fell 0.50 baht to 67.50 and Siam Credit one to 83, while Industrial Finance Corp gained one to 124 and Jalaprathan Cement and Bangkok Bank were unchanged on 117 and 296 respectively. FEU 25 Bahts Asia Credit Amu
      253 words
    • 154 4 THE stock market yesterday again closed lower as commercial-industrial was unchanged and mining and oils were easier, but turnover rose to 2.8 million pesos from Tuesday's 1.2 million, dealers said. Lepanto B, Basic Petroleum, Anglo Phil and Phil Overseas fell, Atlas Con B was traded at 28 while the
      154 words
    • 59 4 FINANCIAL TIMES INDUSTRIALS Tuesday 494.5 Monday 486.6 Week Ago 485 5 DOW JONES AVERAGE INDUSTRIALS Tuesday »46.10 Monday »45 23 Week Ago— 938 68 H.K.HANG SENG Wednesday imp on Tuesday 1519.24 Week Ago.- *****9 AUSTRALIAN INDUSTRIALS Wednesday «83 3 Tuesday 683 6 Week Ago 673.8 ALL ORDINARIES Wednesday
      59 words
  • Page 4 Advertisements
    • 121 4 START AT THE TOP Is the worker solely to blame for job-hopping? The editorial in the February issue of Singapore Business thinks not and points out management faults which contribute to this state of affairs. Other hardhitting articles include: Cameras: Behind the Gloss Retailing: Less in Store Tankers: In Troubled
      121 words

  • TRADE AND INDUSTRY
    • 436 5 TATSUKI Medical, a Japanese company which shifted its entire production line for hypodermic needles to Singapore in 1978, is now embarking on an expansion plan. Its production capacity, which was stepped up to 10 million needles a month at the end of last year, will be
      436 words
    • 114 5 DATAPREP Singapore has appointed Willy Taw general manager, a new position in the company. Mr Taw was previously the company's marketing manager. Taking over Mr Taw's place is Oag Chee Lee, previously the marketing executive. Mr Taw joined Data prep in 1973 as a system engineer and
      114 words
    • 536 5 SEMINARS AND COURSES Feb 27-Mar 11: Cost and financial Management for Non-Financial and Cost Managers, Suite 36C Waterloo Centre, Personnel k 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
      536 words
    • 138 5 CANON Marketing Services, a Joint venture between Canon Singapore and Guthrie Bertiad, was officially opened last week by Y Nasu, managing director of camera products, Canon of Japan. The company, which has taken over the distribution of Canon photographic equipment, copiers and calculators, will also set up
      138 words
    • 134 5 AN American equipment manufacturer has introduced a technology which can reduce the number of plastic parts required to build a product. Developed by Hettinga Equipment of Des Moines, lowa, the thermoplastic cellular molding method can make, for instance, varied wall widths in a single part, thus solving many
      134 words
    • 177 5 HOLLYWOOD House Video is introducing a video disc recorder in Singapore. The company, formed recently, is marketing only one model, the Magna vision 8000 developed by Phillips and MCA. The recorder uses videodiscs, which look like regular phonograph records. And like the video cassette recorder it can
      177 words
    • TRADE TALK
      • 51 5 the British Minister for Agriculture, Fisheries and Food, arrives today on a three-day visit as part of a familiarisation tour of South-east Asia. He will meet Mr Teh Cheang Wan, Minister for National Development, and will be briefed on Singapore's agricultural sector by officials of the Primary Production
        51 words
      • 100 5 will be visit- ing Singapore next month to strengthen and expand business links with local businessmen. The delegation, which will arrive on March 26 for a six-day visit, is organised by Banca Nazionale del Lavoro, Italy's largest bank. The bank maintains a regional office in
        100 words
      • 45 5 has installed the first two phases of the computerisation scheme for Hilton International's hotels around the world. The $600,000 IBM on-line system automates the front office and accounting operations. Software support will come chiefly from the Hilton Data Centre in New York.
        45 words
      • 37 5 in the Internation- al Houseware Fair 81 in Cologne reports that there was good demand for rubber hot-water bottles. The four-day event earlier this month attracted 23,500 visitors and 774 exhibitors from 39 countries.
        37 words
      • 21 5 its Chancery Court supermarket on Monday. The 7,500 square ft new store is the supermarket chain's seventh in Singapore.
        21 words
      • 33 5 has moved from Anson Road to Grange Road. It is now situated on the third floor of the old Naafi Building at the junction of Grange Road and Somerset Road.
        33 words
      • 14 5 has moved to Suite 211, Shaw House. Its telephone number is unchanged.
        14 words
    • 246 5 HEDEMORA Diesel SEA, a Swedish-Singapore joint venture, has won a PUB contract to install two engine-driven generating sets. The company is a joint venture between Sembawang Shipyard and AB Hedemora Verkstader, a member of the Axel Johnson group of Sweden. The company manufactures engines ranging
      246 words
    • 583 5  -  By RICHARD SEAH SOARING property prices may produce a new breed of shop owners who are more interested in making quick profits than in being totally dedicated to their trade. This warning came from the honorary president of the Federation of Hongkong Watch Traders and
      583 words
  • Page 5 Advertisements

  • 332 6 SINGAPORE is an open economy which cannot help but feel the effects of changes in economic policies in other countries. This is particularly true of measures taken by the Malaysian Government. Although the umbilical cord has been severed, Singapore continues to have very close economic links
    332 words
  • 326 6 SHARPLY rising prices have wider and usually far more serious effects in property than most other speculation-prone markets. Unlike fluctuations in the stock market or the gold market which affect the rest of the business sector indirectly, high rentals and sale prices of office and
    326 words
  • 723 6  -  YUGOSLAVIA IN THE POST-TITO ERA In spite of high inflation, Yugoslavia has passed into the post-Tito era without any of the turmoil going on in Poland. But the country's ability to withstand economic pressures on its political system remains, reports PAUL LENDVAI, a challenge to the Soviet model
    FT  -  723 words
  • 816 6 but economically weak NYT NINE months after the death of Josip Broz Tito, the founder of modern Yugoslavia, the differences among the country's disparate regions have become accentuated. As one Yugoslav university professor put it, the development "is a direct threat to Tito's heritage." Yugoslavia's collective leadership tends to deny
    NYT  -  816 words
  • Page 6 Miscellaneous
    • 702 6 I I -11-OIE CROSSWORD li CRYPTIC PUZZLE ACROSS I 3 Hit the nail ra the head! (5) 8 One not singularly masculine (2-3) -»-10 Fellow with no arm broken (5) 11 Scot with mother a lot (3) 1 •*-"*l2 A tram wreck in French history (5) «v 13 Where to
      702 words
    • 67 6 BriStoW':FiankDxckens He-S nothing euT R lIS\jFfiNG IT DOWN MGU. HFTTh no RjRV UK£. F\ C., o frl=u .OCT A SDPkL COMERS nne FRONT OF ™Yl I SPiCKeD SCHOOL L£ suppose voo Reßuse Kue urns umth m I vsocks..... J K v 32 Nou'{?e RESPONSIBLE FOR NOONG euvis GfcTpNG Tn spoc.*
      67 words
    • 805 6 FABULOUS FIFTIES SBC WILL be glvtag viewer* yet MMtker leek at the Fifties via the Tharsiay EnterUlnmeat SprcUJ. ToBlghfs WWW PIMM at 11.11 aa Chaaael 5 featariag Bed Skettea, Laeille Ball, review tt tke televWea praiaetlsM *t tkat tine wltk exeerpta st pepalar aai Maaekester Ualted. Earapaaa Cap heliera Fereat,
      805 words

  • 1161 7  -  The days of record earnings for the steel industry are over. Employees of the industry should be thankful if there are fewer lay-offs and, perhaps, a marginal profit. It is no wonder then that the United States Steel's report of a recovery is a monumental
    NYT  -  1,161 words
  • 825 7 FT GIUSEPPE Corsini is one of Italy's new steelmasters. He does not run one of Europe's lumbering steel giants but a small steel company at Brescia, near Milan, which with about 80 others accounts for 15 per cent of Italy's steel production. His company, Profilatinave,
    FT  -  825 words
  • 836 7  -  FORUM with KAREN ARENSON NYT WHY would two sociable young men, graduates of the Harvard Business School, successfully embarked on highly lucrative investment banking careers, have risked those careers and their reputations in an allegedly illegal scheme that yielded a few hundred thousand dollars? That is a
    NYT  -  836 words
  • 848 7  -  By ALAN RIDING NYT THERE was a time when no self-respect-ing foreign Investor in Mexico City would risk his money in a company controlled by Mexican capital. And if he were forced by law to become the junior partner in a joint venture, he often preferred not
    NYT  -  848 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 193 8 VKB 24 Kts AHN 291 00 1 Ahold 71 00 i Akzo 1780 •0.8 AMLV 93 50 -04 Am (as 119 70 -♦•0.6 Ainrobnk 55.60 Bergixvs 24 50 Berk 45.50 15 Bo Is 56 00 -0.5 Borsumij 231 00 .1 Burhmann 5770 0.7 Byenkorr 38 50 0.5 (.'aland 29
        193 words
      • 272 8 KKB 24 Krs CORBEILLE Air-Liquide 486 -2 B S N Grrvais Danone 1035 unch C S K (ThomsonCsf) 354 20 -1.8 Cie Krancaise dcs Petroles 220 -1 Compagnie Kinanciere Compagnie Generate Ml -2 Credit Koncler I> France 305 -1 Hachette (Librairie) 359 Machines Bull 57 85 0.85 Michel in
        272 words
      • 210 8 FEB 24 Dm Aej-Telefunken 61J0 -04 Akzo 16 90 unch Ailz Leben 1050 00 •20 Allz Vers 456 00 -1 BASF ***** -08 Bay H T Wbank ***** Bay Vbank 285 00B Bayer 111 30 •1.4 BBC ***** BMW ***** -1 Cassella Chem Verw ZZ 226 00 -2 C'ommerzbank
        210 words
      • 91 8 FEB 24 Fr» FORWARD MARKET ArM» 277 Arbed 1182 -8 Astur 385 -5 Brascan MO 10 Bru-Lamb 026 •2 Canpac 1236 >44 Cock 176 -2 De B**rs 302 ♦"2 PH.. 1735 15 Eleclrobcl 3385 IS Ob-Inno-Bm 1970 •10 n#v 1352 12 Hobok 2006 -25 Pelro 4850 •m Ryl Dutch
        91 words
      • 189 8 FEB 24 Francs Actions Suisse* 287 unch Alusuisse Br. 1050 -10 Alusuisse Keg 410 unch Brown Boveri Br. 1325 15 Clba Geigy Br 1025 10 Clba Gelgy PC 780 S Clba Geigy Reg 567 -3 Credit Suisse Br 2620 unch Credit Suisse Ref 450 -2 Elektrowatt Br. 2500 unch
        189 words
      • 107 8 H B 24 Lire Aiuc 1030 0 15 Alloc Gen *****0 *4700 Bastogl 747 -2 Central* ***** *850 Flfcl 2290 Mnsider 98 75 -025 Gen Immob 2450 75 IP! Pri 8850 400 IU Ire me nil ***** 5000 Itaigas 1108 -74.5 llalsider 300 4-1 Macneu M PI 910 50
        107 words
      • 307 8 K B 24 Rand INDUSTRIALS A Alpha 380 Aberrom 330 unch AE And CI 800 15 AMIC 2300 50 Barlows #65 5 Cg Sugar CNA 1775 510 unch C'urrir finance 215 5 Or liffri Ind Edcon 560 1 5 Edgars 8300 Eveready Ked Volk 450 unch Kugil 225 ■ncta
        307 words
      • 203 8 t KB 24 C* Abitibi Alcan Algoma Bank Mont Bank Nova Scotia Bell Tel Beth Corp BP Can Lid Brasran Camp Red Lake Can Imp Bk Canpar Canpar In* PI Carting O'Keefe Cominco Cons Bath Cons Mar be nor Dankoe Denuon llnm Store* 28 39 42 31 30 ia
        203 words
  • Page 8 Advertisements
    • 163 8 Where to wine,dine and entertain Getaway to Sentosa Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holiday-eves). For full details of the 50% DISCOUNT OFFER, Singapore's only rem hold
      163 words
    • 166 8 mbcrtus ®rill For lunch For dinner. For a richly rewarding experience. Busiiu'ssmcn's I .tinrh Mi»nila\ t«> Friil.iy Sl'.t :.l) 10', M'l'vrc ch.'ir.iji' <es.\ Javanese Ri jsiafcl Saturday K- Sumlay *17 >0 10', set \i( c < hat <''' M rcss h i >r i csciA a T.T'.H.T J i. •<-I
      166 words
    • 126 8 +]^'$<@>(_'{*-]'|%-],`~/%>,|^') The Great Family Do-lt-\bursetf Barbecue. r dirt bW list choose what you want and bartwcu* Meat laatood laiaifc iauca Chef hat and 3Z tSY -»< A IVlerUn Gril Speciality From Mongolia comes a barbecue more succulent, more delicious than any barbecue you have ever tried before. Only at the
      126 words
    • 120 8 Inn Of Happiness Now open at the Hilton Dine Cantonese style. Dine Sieclraan style. TTie 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. |fi| HMON MTERNATIONAb BMGAPORE
      120 words
    • 152 8 mm* > t ft 'a *> 1 The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear with "The Zodiac" Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome' Ox ley Rise/Penang
      152 words

  • BANKING AND FINANCE
    • 283 9 Reuter WEST GERMAN Economics Minister Ptto Lambsdorff has assured Polish Deputy Prime Minister Henryk Kisiel that Bonn will review favourably Poland's request for restructuring its foreign debt. A Ministry statement,issued after the ministers met in Bonn on Tuedday,added, however, West Germany could only carry out such a
      Reuter  -  283 words
    • 538 9 Agencies THE KINGDOM if Spall's US$5OO million Eurocredit is proceeding as planned and was not affected by the abortive coup on Wednesday night. The loan went into syndication on Feb 3 and is being coordinated by Bank of America and Manufacturers Hanover. Reuter BRAZIL'S state mining company
      Agencies  -  538 words
    • 310 9 Reuter THE BUNDESBANK'S special Lombard facility, announced after last Thursday's Central Coun<4l meeting, will be offered today for the I first time at 12 per cent. The rate may be changed daily. The dollar rose rapidly after the Bundesbank made the announcement. Dealers said
      Reuter  -  310 words
    • MONEY AND EXCHANGES
      • 262 9 SINGAPORE gold futures yesterday closed generally firmer in quiet trading with its initial rise reflecting the metal's strength in new york overnight, dealC ers said. Total sales for the day was recorded at 50 lots while volume for kerbs was at 33 lots with interest mainly centred on April,
        262 words
      • 37 9 Tm Mm New York 13.0QB 128KB 13.30S 13.15S Zurich 12.90B 12. SB 13 30S 13.25S Singapore WM 12.90B Tm 12.95B 13.306 13.36S Closing prices Id US dollars a troy ouaci t. Source: Credit Suisse, S'pore
        37 words
      • 21 9 THE average rate at which major Singapore banks are currently prepared to lend' to their beat customers is per cent.
        21 words
      • 56 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of a) $100 million 91-day Treasury bills to be issued from Mar 2 to 6 and b) $15 million 273-day Treasury bills to be issued on Mar 2. Each tender must
        56 words
      • 410 9 UNCERTAINTY plagued the foreign exchange market yesterday ad dealers adjusted to forecasts of a sharp decline in US prime rate within the next two months. The US unit opened 2.0920/40 against the local dollar and trading hovered about a narrow range of 2.0900/50 and 2.0900/50 during the day.
        410 words
      • 80 9 THE US dollar yesterday rose against continental currencies in thin late trading. The dollar also firmed to 207.30/50 yen from 207.15/25 and 206.00/25, while sterling was steady around its opening U552.2260/80 after $2.2320/40 in the US. The Hongkong dollar traded at 5.2880/2900 to the US unit after an early
        80 words
      • 155 9 THE dollar for overnight delivery yesterday closed firmer at 207.40 yen, compared with a 206.40 opening here and 206.00/25 close in New York and on the West Coast overnight, dealers said. But this was still down from a 208.35 close here on Tuesday. Trading was moderate, with volume US$754
        155 words
      • 173 9 ASIAN ASIAN currency deposit Interbank rates as at close on Feb 25. sr-sr 7 days 15H 15* 1 month 15* 15* 2 months 1515/*****3/16 3 months 16* 16* 6 months 16* 16* 0 months 16* 16 12 months 161/16 1515/16 8w.fr*. Das. 1 month 3 months 6 months 12 months
        173 words
      • 46 9 RANGE at price» offered by discount bouses on Feb 25 Overnight: 7tt% Call deposits: to CH% Closing Bsjring Selling 3-month t. Treasury bills 613/1« 611/1« 1-month Bank bills 13 U/1613 0/16 3 months CD 12H 12H 6 months CO 121/1« 1115/1« Source: National Discount Co
        46 words
      • 38 9 FRANKFURT exchanges opening quotes on Feb 25: US 2.1070/1100 Stg 4.696/708 Can -1.7501/36 D F1 90.56/81 S Fr —110.28/57 Lit 2.079/86 F FT 42.45/57 N Kr 39.01/09 B Ft (con) 6.130/145 B Fr (fin) 6.024/34 Yen —1.0120/45
        38 words
      • 44 9 Opening quotes yesterday US 2.2340/50 Can 2.6712/46 Cross 1.1963/66 DMk-4.6825/925 D F1 5.1475/1625 S Fr 4.2450/560 B FY (con) 76.31/45 F Ft —10.9850/11.0150 Lit 2249.50/2254.50 Yen 462.88y463.88 DKr 14.5875/6150 NKr- 12.0225/0400 S Kr 10.2550/750 A us sch 33.23 31 Port 125.58/126.33 Spain lfUI/74
        44 words
    • 103 9 Reuter AFP THE JAPANESE fiiisrr ■litotij fe «xpeeted to Oft restrtetteae sa Japanese hanks' start term leading sf Jti ye* faads tor investment la I— lia «aT^Ariaa aese haaks has been restricted beeaase mlatotry apprsval has beea needed far each Isaa aader the exehaage lMr*
      Reuter; AFP  -  103 words
    • 80 9 THE FIRST "kruger kilo," a solid gold medallion weighing one kilogramme has been minted by South Africa. The medallion features the head of Paul Kruger, the bead of the old South African Republic who died In 1904, and will be produced in a strictly limited edition of 100.
      80 words
    • 643 9 BASE lending rates of British banks could (all to high single figures in the second half of I*l from the current 14 per cent level. John Davis, chief general manager of Lloyds Bank, said a renewed rising interest rate trend may not start
      643 words
    • 942 9 CHEMICAL stocks and a few other blue chips on Tuesday again contributed to a narrow gain for New York stock prices in moderate trading but new worries about the direction of interest rates limited the advance. Analysts said predictions that interest rates would rise
      942 words
    • 128 9 CITIBANK, the aeeead-largeet commercial kaik tai the Ualted States, ea Taeeday jelaed meet ether Hrhaaka la lowering Its prime leading rate to I» peK eeat (rem 114 per eeat. One He buk. Ceatiaeat# Illinois, ef Chicago, aad a few regional haaka hamP eat their haee rate ea
      128 words
    • 427 9 Reuter PHYSICAL transfer from the US to the UK of Iranian gold unblocked through Teheran's release last month of its US hostages boosted UK inflows to over 106 tonnes in the first six weeks of 1981, sources said. In the initial transaction in which US$7.9B
      Reuter  -  427 words
  • Page 9 Advertisements
    • 34 9 restaurant 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 Oncrlfe 214 Duneam Road. Singapore 1129 Tel: *****49,*****22 ext 126
      34 words
    • 86 9 Higher rates of interest for your deposits at Chase Manhattan Bank Fixed Deposits «ates elective 7 Subject to All deposits are renewed automatically upon maturity. covering both principal and interest, tor same tenor, at the interest rates prevailing at the time of renewal Your money earns interest all the time
      86 words

  • 1932 10 BID and offer prices officially lilted 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 Ami* (1) 3.30
    1,932 words
  • 162 10 SNGAPOKE UNIT TOUR f 1 friw hrM») The Commerce 3.7$ 3.J7 The Savings Fund 2.17 2.* S'por* Prog Fund LG l.« S pore Sec Fund 2Jf 2.« S pore Invest Fund 2.27 131 S'pore Equity Fund 1.52 1® ASA UNIT TOUT (NHHM'iriMkrN Mai Invest Fund 4.31 Mai Prog
    162 words
  • 2706 10 1960/1961 High Low Company Laat Sale +orGr'» Dlv Div Cvr Gr** YTd Net P/E Vol (•OOO) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 300 1M 227 420 170 352 >30 408 010 245 220 116 138 203* 80 275 246* 187 286 Acma Alcom Allied Choc
    2,706 words
  • 1686 10 BID and otter 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. INDUnUAU Alean (3.045) A Cbee (1 90S) (1) 1.85 AMD (112B) (2)
    1,686 words
  • 157 10 THE Ayer Matt KaMer Campaay BcrM: AGM to be held at No. 22 (Upper floor of No.20), Jalan Gelanggang, Malacca on Feb 26 at 3.00 pra. POLEX ladastriM Berfcad: AGM to be held in the Derby, Top Floor, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur on Feb
    157 words
  • 705 10 THE steady fextret has heea abaadsaed far a disc* aamher as share priees niaved at a heady temp* at the stock exehaage yesterday withaat aay appareat restraint The market had apeaed ea a Arm aate la the morning before being sahjeetod to aa all-reead preflt-toktog. Bat towards
    705 words
  • 584 10 THE Kuala Lumpur stock market closed mixed to steadier yesterday after profit-taking had pared off some early gains. Prices were initially traded higher as the euphoric bulls after Tuesday's triumphant breakthrough to the 1,000 level continued to move into selected counters. However, values subsequently softened
    584 words

  • COMPANY NEWS
    • 527 11 PETALING Tin expects to suffer an earnings setback in the current year ending Oct 31, 1981 in view of expected lower tin production and based on prices currently prevailing. Revealing this in his latest annual report, Petaling chairman Yong Pung How states the company's
      527 words
    • 147 11 Reuter THE Confederation of British Industry (CBI) said it is seeking major changes to the British government's proposals for tax relief on stock appreciation published last November. The CBI is challenging the aggregate effects of the proposals as it believes the company sector would
      Reuter  -  147 words
    • 74 11 Reuter THE Kuala Lumpur Stock Exchange said trading in the shares of Penang-based palm oil processor, Palmco Holdings Bhd, will be listed from the start of trading on Monday, March 2. Palmco has an issued capital of 77.1 million shares, of which 19.35 million were issued at
      Reuter  -  74 words
    • 244 11 DESPITE a boost in turnover, Hongkong Tin's profitability has taken a turn for the worse for the year to Sep 30, 1980, clearly reflecting higher costs and charges. Trading profit for the year after depreciation but before tax tumbled to $1.2 million from
      244 words
    • 574 11  -  By LOW LEE CHOO PERLIS Plantations' set of impressive results for the year ended Sep 30, 1960 has been attributed to improvements in the group's existing operations and contributions from new subsidiaries. The group had expected pre-tax profit to be maintained at the previous year's
      574 words
    • 650 11 Reuter AFP FAR East Hcteto aid Entertainment (Fehe) said it has signed an agreement to buy a 200room hotel in Switzerland for 37.5 million Swiss francs. The agreement is subject to consent from the Central Bank of Switzerland, which is to be obtained by the vendors, Fehe said.
      Reuter; AFP  -  650 words
    • 324 11 Carreat Ex Backs Date Tetai tor Tetal tor Paymeat Date Cleee Payable the year Prtivtoai year Ayer Ndek 30%(f) Jan 30 Feb 15 Feb 26 30%<f) 25%<g) Beata 5.8%I Mar 17 Mar 27 Apr 27 5.8% 25% Berjaya Kmt 4%TEI Mar 4 Mar 16 Apr 4 4%TE 13%TE
      324 words
    • 321 11 CMnpaay Partkdtn Ex Date BMk*< Atmt Proposed rights issue of 1 for 4 12.80 per share NYA NYA AiCMB Proposed rights issue of 2 for 1 <& $1.70 per share NYA NYA API Proposed rights issue of 1 fori <& $100 per share NYA NYA C*C Bonus issue
      321 words
    • LATEST RESULTS
      • 119 11 61 per cent subsidiary Selangor Coconuts has reported a pre-tax profit of Ms9w23 million ($10.27 million previously) for the six months ended Dec 31, 1960. Turnover was also slightly lower at $18.11 million against $20.51 million for the previous corresponding period. The reason behind the poorer results was
        119 words
      • 26 11 net tangible asset back- ing per share of United International Securities at Jan 31, 1981 was $1.87 compared with $1.68 the previous month.
        26 words
    • 806 11 BTCX3CL™, HOCK LOCK SIEW MR KHOO Kay Peng, entrepreneur par excellence, a man who said he must be guided by God in everything he does, must surely have foreseen a rough course in his pursuit of two multi-million churning hotels in Singapore. The local government's reservation
      HOCK LOCK SIEW  -  806 words
  • Page 11 Advertisements
    • 160 11 The Straits Times Directory of Singapore general information tab. Keeping tabs on information you never know when you need! buildings and locations and a comprehensive classified advertising section. The Buku Merah also serves as your guide to the products and services of others. Similarly, it makes you known to those
      160 words

  • 389 12 SINGAPORE will not pass on to airline operators the high costs of Changi Airport's new computerised traffic control centre. There is no intention of imposing air navigation facility charges, the Minister for Communications, Mr Ong Teng Cheong, said yesterday. Mr Ong was speaking
    389 words
  • 102 12 TERMINAL Two of the Subang International Airport will be opened in July to handle all domestic arrivals and departures and international departures. The director-general of the Malaysian Civil Aviation Department, Mr Hamzah Majid, said the M|9.9 million terminal will handle all such departures until renovation
    102 words
  • 315 12 Reuter THE year-sid Thai coalition government of Prime Minister Prem Tinsulanonda Is facing a crista because sf the decision of a majsr coalition partner to withdraw from the cabinet. Informed political sources said yesterday the Social Action Party (SAP), which holds the biggest
    Reuter  -  315 words
  • 754 12 LONDON, Wed. The market opened higher in moderately active trading today, continuing yesterday's firmer trend. The Financial Times index at noon rose 5.2 points to 499.7. Stores met good early demand, with gains of 2p in Boots, Mothercare, House of and British Home Stoics and both Marks and
    754 words
  • 83 12 AP NEW YORK, Wed. The stock market edged upwards this morning, continuing the tentative advance of the past two sessions. The Dow Jones average of 30 industrials rose 0.62 points to 946.72 in the first half hour. Gapners outnumbered lcsers by about 4 to 3. Before
    AP  -  83 words
  • 392 12 AFP POPE John Paul n, calling himself "a pilgrim of peace," yesterday called on the world to disarm and scrap its nuclear arsenals in an impassioned appeal in Hiroshima, the Japanese city levelled by the first atomic weapon ever used against human beings
    AFP; Source: AP photo  -  392 words
  • 200 12 Reuter PRESIDENT Todor Zhivkov of Bulgaria has accused China of seeking a world "counter-revolution-ary front" against the Soviet Union and its communist allies. Tass News Agency reported yesterday that Mr Zhivkov, who closely follows the Kremlin line on foreign affairs, made the accusation
    Reuter  -  200 words
  • 135 12 Reuter INDONESIAN Oil Minister Subroto yesterday denied that a meeting of six Opec ministers last week in Geneva was a secret conclave to discuss lowering production and advancing the date of the regular ministerial conference. "It's not true. That's only their fabricated reports," he
    Reuter  -  135 words
  • 512 12 Agencies THE Hongkong budget proposals for 1981/82, presented by the government yesterday, comprised a surprisingly generous package, with a reduction in corporate tax and higher personal tax allowances among the highlights. Finance Secretary Sir Philip Haddon-Cave also unveiled a proposal to create a new category of
    Agencies  -  512 words
  • 129 12 Reuter JAPAN was the largest foreign investor in Indonesia at end-June 1960 with US$3.9 billion invested in 202 projects. Ministry of Industry secretary-general Agus Sujono said Japanese investment projects already completed at that time totalled $1.5 billion. The Indonesian government had approved a total
    Reuter  -  129 words
  • 125 12 AFP HONGKONG'S Director of Trade, Industry and Customs, Mr Bill Dorward, has lashed out at the unfair calls from industries in the developed countries for increased protection against imports from "lowcost suppliers". Speaking to the Federation of Hongkong Garment Manufacturers on Tuesday at
    AFP  -  125 words
  • 374 12 Reuter HONGKONG'S Financial Secretary, Philip HaddonCave, said he is considering legislation to create a new category of deposittaking companies, permitted to take deposits with no limitation on the term of maturity but with a minimum size of initial deposit fixed at possibly HK$5OO,OOO. Under
    Reuter  -  374 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 63 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in several areas around midday. Report for 24 hours prior to 7.3t p.m. on Feb 25 at the airport. Maximum temperature 29.1 Associated humidity 79 Minimum temperature 23.7 Associated humidity 97 Hours of sunshine 2.60 Rainfall in millimetres 1.8
      63 words

  • SHIPPING TIMES
    • 270 13 Reuter THE Philippines embassy is awaiting a reply from the Indonesian Foreign Ministry on the fate of 34 Filipino seamen detained in Jakarta since November during investigations of alleged theft of Indonesian oil from a tanker on the high seas. Investigators allege that Indonesian
      Reuter  -  270 words
    • 803 13  -  By G DURAIRAJ THE South-east Asian Agency for Regional Transport and Communications Development (Seatac), is drawing up a regional master plan on maritime safety and navigational aids to ensure the safe navigation and passage of ships in this region. The master plan is being
      803 words
    • PORTSIDES
      • 75 13 UPI SOUTH Korea's Hyundai Corporation has won a US$6O million order from Greece for construction of two 47,000 ton bulk carriers. The order was placed by Greek shipowner, Niarchos, and calls for the ships to be delivered in January and May, 1983, the officials said. The
        UPI  -  75 words
      • 114 13 AFP THE Dutch firm Steenkolen Handels Vereniging (SHV) hopes to conclude with Taiwan in April the first of five contracts for the sale of floating ports to trans-ship coal and other bulk cargoes. China, the Philippines and Indonesia are also interested, SHV said, in acquiring
        AFP  -  114 words
      • 53 13 AFP THE Japanese-owned container ship Sunnex Star was badly damaged in a collision in dense fog with the Panamanian freighter Beihai off Port Elisabeth on Tuesday. The Philippines-registered Sunnex Star was limping into Algoa Bay but authorities said it would have to be inspected before being allowed
        AFP  -  53 words
    • 666 13 Shipping UmPage (X SUpptag Line CM Achipelego vn 2 Everett Orient IV 4 Adriatic rv 2 Evergreen IV 3 Afea VI 3 Fargo vm 3 Afro-Eurasia VI 2 Feseo vn 4/5 All trans VI S Flotta Lauro V 5 Alpac VI 5 Fortune VI 5 Angkutan VI
      666 words
    • 928 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy Estimated No. Time of Arrival Shipping Lines Gdn Mode of Operatn Date Time Hangang Glory 2 26.2 81 Maersk Rando 09S/10J 26.2.81 Asian Pallas 4602 26.2.81 Gerol Panfllovtsy 4CE i 26.2.81 TW Bridge 4E
      928 words
    • 1507 14 TIME-CHARTERING was moderately active on Tuesday with Chinese operators reappearing on the market and booking a 21,000 tonner for a voyage from Buenos Aires to China at US$8,650 daily. A 61,000 tonner from the Continent to South Korea via the US Gulf received $16,250 daily while a 12,000
      1,507 words
    • 47 15 THE Danish tanker, Gerd Maersk, showing extensive damage to her bow caused when she rammed into the Newport support tower on the afternoon of Feb 19. The picture was taken in East Passage, eight miles off Dyer Island.— UPI Source: UPI Radiophoto
      Source: UPI Radiophoto  -  47 words
    • 391 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bum Chin (Tanker) (after Putra Jaya, P/O, subject gas free) 13/14 Gudrun Bakke (0900 after Lamma Island shifts) 6/7 Ingelheim (1100 after Bunga Tanjong) 31/32 Jenson n (after Builder II) 22 Kota Cantik (0700) 10/11 Lamma Island (0530 shifts) 46 Lumut (1000)
      391 words
    • 273 15 NORWAY'S Shipping Research Services (SRS) believes that shipbuilders around the world can offer owners fewer-man-hours and shorter lead times if they employ the latest version of its Autokon-computer-aided design and manufacturing system. Three new programme modules offered by SRS on its
      273 words
    • 807 15 Fairplay THE Annual Report of the Liverpool Underwriters' Association (LUA) offers a revealing insight into the causes and effects of merchant shipping casualties recorded during 1980 which, although down on the record figures for the previous year, still constitute a disastrous year for the
      Fairplay  -  807 words
    • 362 15 Fairplay THE Walton Container Terminal (WCTL) at Felixstowe's Northern Development has won the Ace Group as its first regular customer. WCTL and one of the Ace members, Orient Overseas Container Line, are both constituents of the C Y Tung organisation, although the Ace business
      Fairplay  -  362 words
    • 248 15 UPI AN interocean ferry was in poor condition at the time it sank claiming more than 400 lives, news reports said on Tuesday, quoting a source in the Indonesian Shipowners Association. The Tampomas-2, of the state-owned Pelni Shipping Co, caught fire and
      UPI  -  248 words
    • 2354 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      2,354 words
    • 192 20 FROM the 158 million tonnes deadweight merchant fleet of Liberia, the largest in the world, to the smallest fleet, Tuvalu's one small cargo ship of 250 tonnes, details of the world's merchant fleets are contained in a comprehensive 700-page flag analysis now available
      192 words
    • 805 20 AFP AFTER a quiet start, the freight market turned more active and rates tended to harden with demand enlivened in front of the weekend by enquiry to lift sugar cargoes to the Soviet Union. North American grain business began to reappear also after
      AFP  -  805 words
    • 285 20 EUROPE-Jordan: More and more carriers are including calls at Aqaba on their Middle East service schedules. Recently, the Scanmel/ NCHP joint service announced a new monthly Aqaba call. Now Nvocc, Anglo-European Container Line has announced that it will offer a fortnightly service to the port as an extension
      285 words
  • Page 13 Advertisements
    • 476 13 HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Kelang/Keelung/Busan/lnchon Fm: Busan/H.Kong/Bangkok Tel S'pore: *****11 P.K. *****4, PN *****5 K.L. *****0 rasa CONTAINER Schedules LONDON Freights SHIPS In Pert SHIPPING List REGIONAL Weather WORLD Services JAR DIM AN I AH Orient Overseas Co*iltu*teA Line FULLY CONTMOUSED SERVICE TO EUROK
      476 words
    • 378 13 [HSEALORDBI UASC UNITED ARAB SHIPPING CO (SAG) l •'1 IM I i BNM.ROOMV.33 4/3 Loading for Acceptm Breatbufc Orty Abu Dhan (16/3). Dammam (19/3). Kuwait (22/3). Shuaiba (25/3). Doha (28/3). Dubai (31/3) fLf* ii.cm ia rr uwait (Hi) Uammam (10/3). Mina Qaboos (13/3) Abu Dhabi (15/3) Doha (17/3) Bahrain (19/3)
      378 words
    • 813 13 4> cnan Algerian Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS SEE PAGE IV rr> Agen,s I I *J UMMOfIC TIMS TMMM S-g aioct m. m. T Tel *****4 (5 lines) SINGAPORE rj*[ MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF. ATLANTIC. EAST CANADA, ASIAN PORTS Singapore |Longbeach]New 3/3
      813 words

  • Page 14 Advertisements
    • 920 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Contain* SfNct To Europe feeder *P Kelang Vessel S pore 1) MseiHes 2) Rdam 3) H burg 4) G£u B DAHLIA SM
      920 words
    • 224 14 BBS SUPERCARRIER SERVICE TO: PANAMA US ATLANTIC E. CANADA US GULF TO: CALIFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE ALSO (teams u HW«M. NM MM. MM> MA L« *■«*> TO: VENEZUELA CARRIBEAN ?mPs TIT 2/3 5/3 5/3 17/3 C/ 3 22/3 ATLANTIC E. CANADA Savanah 2C/2 2/// 2/3 3/3 9/3
      224 words

  • Page 15 Advertisements
    • 817 15 Overseas Containers Limited Weekly service to/from UK/Europe QCL STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Containership Service To/From Banfkok SK* RIOH ptusus m nia Wfc 12/111 pf casus rat nun iviimb tvai Singapore to Sabah. Sarawak and Brwei BANGKOK AGENTS: BORNEO SERVICES LTD. BANGKOK IE 234 1622
      817 words
    • 349 15 r Z E Franco Belgian Services {Fir Fa*' Fr,-.ich S,rnce i!h Bt't'jxari i .r Fiisftrr: aCF T 'i_> IS MH StM ICPTUK (MKT 1 Ma ROKM CHANCE i Mar CKVmOPU 12 Ma I TO EIROP* P ROME It fowl MPat 14 Mo 2 Mai 2tMa 7 Ma> ft Mar 13
      349 words

  • Page 16 Advertisements
    • 862 16 |jC Hapag-Lloyd H 6org 8 haven Rdam Antwerp 27 3 29 3 30 3 7 4 9 4 10 4 648 4 9 4 16 4 18 4 19 4 26 3 8 4 ?0 4 TO MOUTH mmOBBBBMSkI Mssehten Mai Rickmers Etha Rtckmers TO USA/CANADA Feeder Kasuga Maru Alemaru
      862 words
    • 797 16 SHIPPING KOREA CORPN P. Kelans PENANG STORE VEGA 157W In Port 27/2-1/3 2-5 March FROM BUSAN BANGKOK VE6A 158E in Port 27/2-1/3 2-5 March TO BUS AM 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 KSC KSC
      797 words
    • 523 16 "N EVERGREEN LINE I FAR EAST/EUROPE EXPRESS FUlt CONTAINER SERVICE ACCEPTING CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. IE HAVRE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON. MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS. WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM Sparc Jed Htmtxrt E»et Vifor 3/03 24/03 E»er lucky 12/03 23/03 3/04
      523 words
    • 895 16 Everett Lines Smgk Burma Fivt Star Shipping Corpn. \JBk "BURMESE NATIONAL LINE" LOADING FOR RANGOON S'p*« P KtUnf Pnunf PAGAN 27/1 «b> PA AN 4/7 M* 1/10 IU HTMMNYM 10/14 M* PAGAN 14/17 Mw BFSSC Agent* m Moloys.o BOUSTEAD SHIPPING TEL NOS KL *****2/*****9 Compaitia Arftntina Da Wavataciew I nt*
      895 words
    • 440 16 OCEAN SHIPPING ENTERPRISES PTE LTD. 131 SANKYO LINE JAPAN/STRAITS SERVICE GEICRAL AGENTS CONTAMER BOOKMG SUB AGENTS P KEIANG PENANG OCEAN SHPfMG I ENTERPRISES PTE ITO SMGAPORE TEI *****44/7 I *****70 K LIIM TEI *****4 *****0 OCEAN SHPPMG STORE TU *****44/7 MAI'S COMTAMt P KUANG TEI 0347 0973/4 EAST ASIA SHTPWG
      440 words

  • Page 17 Advertisements
    • 299 17 PIL GROUP PIL GROUP TAKES PLEASURE IN ANNOUNCING A NEW FULL CONTAINER SERVICE FROM SINGAPORE TO COLOMRO, HODEIDAH, JEDDAH AND AQARA I WITH THEIR FULLY CELLULARISED GEARED 372 TEU (INCLUDING REEFER CAPACITY) I M.V. KOTA SAHABAT DEPARTING STH MARCH 1981 JOHORE SHIPPING 161 lAISN TENGKU RADAR PORT KE t ANG
      299 words
    • 228 17 Tm BLUE STAR LINE mpr SINGAPORE NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND, WELLINGTON, CHRISTCHURCH FIJI SHIP AUSTRALIA STAR NEW ZEALAND STAR SALS SPORE 25 MAR 8 APR*. NEW PLYMOUTH 7 APRIL 21 APRIL PT CHALMERS 9 APR*. 23
      228 words
    • 633 17 BEN LINE CONTAINERS EXPRESS COHTAfO SERVICE TO/FROM EUROPE lOfuwn Sngtong {iprm Hmtoi Eipress Kauaga Mara Inrerpool Bay Largs Bit Koetoon Bai Cati oi Edmbugti Pwaag/Europe FROM EUROPE H BURG BHAyfN ROAM HAVRf SO lON WOf man, Austria B*ne(ui franee Alt UK PMang Spoil fm: Kauga Mara SaM SaM SaM SaM
      633 words
    • 585 17 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE B PtNAGA :> B DAHIiA i 3 8 PINACA 13/3 B CMMIA 211 8 PINAGA 27/3 8 OMM 4/4 P KelengPeneng Feeder Feeder Spore human?l* torn J>H bwr(4 >C bur f 3/3 18; 3 23/3 24/3 26 3 10/3 25/3 30/3 31/3 2/4
      585 words
    • 585 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION SOUTH AFRICA SINGAPORE 30/3 eto Reunion 11/4 Durbon 16/4 Capetown 23/4 Pt Eliz 21/4 (also accepting East London and Maputo cargo) Lykes/<B Lines U.S. WEST COAST SERVICE Onrt from SFO Ibcft SPO«E ASHLEY LYKES Sid Sid 3/3 BMNTON LYKES Sid 11/3 LESIE LYKES
      585 words

  • Page 18 Advertisements
    • 607 18 K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA Carpes jho jcceptabie lot Oakland Vancouver, Portland Houston. Gafcreston. Nc« (Means Boston. St Mm. PMadeptaa, Norto* Battmore Savannah lackunvfl* TO EUROPE FROM EUROPE TO FAR EAST feu* cal H-buri Brmwn R'dam. Amp and L* Wane) JAPAN-STRAITS-JAPAN Vessel Tokyo
      607 words
    • 556 18 mwm AMMCHAI PIAKSH WHVA APIMVA vbhva yawVBHVA TIT MUMCHM PMOW "WHVA KMTMT Acctptng Fa/Fa Caitantn P K(4ang S pore Bri MH6 Adel S»d f inn 28 FeO 1 Mar 13 Mb, 19 *u, »fc, 19 Mar 20 Mat 31 I 74 Mar 25 Mar 19 Apr 20 Apr 10 Apr
      556 words
    • 686 18 :r SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH F LOOR. OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINES) GENERAL 91 3111 114 LINESI TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A B CARSHIP CABLE CARGOSHIP gjnjf KeilfcW"! Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK VOY 2S/3N 4S 5N JS 4K
      686 words
    • 680 18 "kORINS MARITIME SERVICES Room 601, ICB Building. Shenton Way. Singapore Tel *****22 *****67 MIDDLE EAST/RED SEA/EUROPE SERVICES P KELAMG 7 Ma LOAOMG FOR: MWUnlkMi, A*aka/lattMaa/P. iatmj Acccarp tar MrtlorrawM Pata wbfKt It I \gfiSAM ICK LINES KANKOOK SAM EUN A member ol me S»<**k Group o< Company I iNER SERVICE
      680 words
    • 713 18 INTRASEA (PTE) LTD Fabef House 234E Orchard Road Singapore 9 Telephone *****11 "*****57 MWOff soma to europe S parc f. Keianf Pranj Lm4h( Mr: BENMVIS NBIO3 5 Mar 2 March 80UL0CM/TDAM/ IK (AVON) Afcnh MTRASEA (PTE) LTD 235K11 KXXMG *****57 I Lmpm TEO SHTPMC 1 TRACK 410*44, *****2. *****1 MTER
      713 words

  • Page 19 Advertisements
    • 630 19 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): member ot the ACE Consortmn N. GARNET 4W C. PAUL 26*.... TW BRIDGE SH. C. ROZE 24W Containers Feedered to/from F'stowe Also accepting cargo to/from Scandinavia N GARNET S pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ): Havre
      630 words
    • 434 19 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALDIVE NEIGHBOUR Sailed Loading For Dubai/Dammam/ Kuwait MALDIVE PEACE 2/3 5/3 Loading tor Bahrein/Kuwait MALDIVE IMAGE 28/2 In Port Loading tor Kuwait MALDIVE PIONEER In Port Loading For Jeddah MALDIVE IMPORTER 1/3 Loading For Male MALDIVE PROGRESS In Port 25/2 Loading
      434 words
    • 247 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUM.DWG 55, Market Street Singapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELAN6 PENANG M/S SHARKAT NAH SOON SON BM) IST ANO 2ND FLOOR MESSRS HAI THONG SHTPMG 23 WHd
      247 words

  • Page 20 Advertisements
    • 447 20 ydANTOLL LINES DIRECT B Is TO BRISBANE SYDNfY MFIBOURNf (GtELONGI •D€L AIDF Independent FCL Container Conventional Liner Service SINGAPORE L N SHIPPING PTE LTD 1401 5 Robtij House Shenton Smjapore 0106 Tl. RS ***** Tel *****11 Bk s *****43 *****23 WST MAWTSIA HSH (M) Sdn Bhd KL Te) *****3 *****7
      447 words
    • 405 20 THAI YANG SHIPPING CO. SDN. BHD. lb OtsiMttM •M < TMN YMK tor 2/11 ki Part Ik *HV. INMTME WY 3/11 14/15 Ma Mri MfCHOONYMK VOT i/ll 5/« Ma Mi/U NAM HUA SHIPPING SDN BHD manmmmm no 3 l/si Ma BnMu MY SH MM HUA NO 3 2/11 21/22 Ma
      405 words
    • 412 20 a PERK APALAN LAUTAN BIRU SDN. BHD. P O Box 220. Koti Kmabjkj Sabah KGLAAI UNtt SHTVia Sitnh Sarawak Bangkok Smgjporr Port krUng Vessels Penang PKlang S pore Loading for LAUTAN LMA 23 Feb 20 Feb Kudat. KK LAUTAN RAM 25 Feb 21 Feb KK. Sandakan LAUTAN ENAM 7 Mar
      412 words
    • 29 20 1 NOTICE J ARIMURA LINE DISCHARGING FROM YOKOHAMA AND OSAKA VENUS ETA 24/2/81 GDN r> OCEAN INTERNATIONAL MARINE CORPN (PTE) LTD 144-C ROBINSON ROAD SINGAPORE MM TEL: ***** M
      29 words
  • Page 20 Miscellaneous
    • 163 20 Regional Weather 1 m s v/~vol V. tt 51 !1! M a Zt'!k i (5 S n« LLIK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots V cv Wave height Cloudy Sky Sarface wMs are
      163 words