The Business Times, 3 April 1981

Microfilm: NL11000
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, APRIL 3, 1981 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Australian air fares rise
      57 1 Reuter CANBERRA, Thurs. Air fares from Australia to South-east Asia, except Japan and Korea, will rise by between 3 and 10 per cent from midnight tonight. The Transport Ministry said fares to the Southwest Pacific, except New Zealand, Nauru and Tahiti, will also be increased by
      Reuter  -  57 words
    • Article
      Lock icon Increased oil production
      60 1 AFP KUALA LUMPUR, Thurs. Malaysia's oil production rate will be increased under the Fourth Malaysia Plan to balance domestic consumer needs with export income despite the national depletion policy. Deputy Prime Minister, Datuk Dr Mahathir Mohamad told Parliament today that the country's oil consumption rate had increased
      AFP  -  60 words
    • Article
      Lock icon One-sided TV 'debate'
      74 1 Reuter MANILA, Thurs. President Marcos, in a onesided television "debate" boycotted by the opposition, tonight argued for a strong presidency but denied that he was seeking to extend his existing powers. Nine empty chairs with the names of the opposition leaders invited to confront the 63-year-old president
      Reuter  -  74 words
    • Article
      Labour Party dispute
      50 1 LONDON, Thurs. A new dispute broke out in Britain's divided opposition Labour Party today when radical left-winger Tony Benn announced a bid to become deputy leader. He said he would attempt to seize the post from former Chancellor of the Exchequer Denis Healey, Labour's leading centre-right politician.
      50 words
    • Article
      Lock icon Heavy fighting in Beirut
      67 1 AP BEIRUT, Thurs. Heavy fighting broke out along the Green Line that divides Beirut into Muslim and Christian sectors, setting huge fires in the port area and stopping traffic altogether between the two halves of the Lebanese capital. Several foreign-flag ships were seen sailing out to
      AP  -  67 words
    • Article
      Lock icon Regular flights resumed
      55 1 AFP BEIJING, Thurs. China's national airline, Civil Aviation Administration of China (CAAC), today resumed its regular flights between Shanghai and Hongkong, an airline spokesman said. The service between the two cities was suspended in August last year following disagreement between Britain and China over the number of
      AFP  -  55 words
    • Article
      Lock icon Rithauddeen's suggestion
      89 1 AFP KUALA LUMPUR, Thurs. Malaysian Foreign Minister Tengku Ahmad Rithauddeen said here today that it is possible to hold an international conference on Kampuchea without Vietnamese participation. "But as to the effectiveness of such a conference, that is a separate matter," the Foreign Minister said here this evening
      AFP  -  89 words
  • Chief Price Changes
    • Article
      SINGAPORE
      128 1 Rises Indices Kempas Sealion Paper Products Lien Hoe Bousteadco C j c Sth Msia Ind Supreme Corpn O U B Guthrie TDM Metro Hldgs Falls 690 545 434 302 450 384 240 660 645 276 242 1060 30 20 18 18 16 16 16 15 15 11 11 10
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    • Article, Illustration
      KUALA LUMPUR
      154 1 Rises Indices Pec Dev C Sugars S'pore Land FE-L'ston S Trading Paper Prod High Low Bt Semb 550 1260 1150 1150 1550 460 314 590 70 60 50 50 +50 44 +20 20 B.T. Index: Industrials: Finance Hotels: Properties: Tins: Jrubbers: Apr 1 Apr 2 *****0.11 *****2.38 1054.04
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  • Article
    Keppel pre-tax profit up 122pc
    724 1  -  BONUS FROM STRAITS STEAMSHIP By RUTH CHENG TWO major listed companies, Keppel Shipyard and Straits Steamship, chugged full steam ahead last year to turn in record profit. While shipbuilding, shiprepairing and engineering conglomerate Keppel staggered with a 122 per cent rise in consolidated pre-tax earnings
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  • Article
    Thomas Tilling buys company
    229 1 THOMAS Tilling, a British conglomerate, is taking its first step into Asia by way of Singapore. It has acquired a local supplier of offshore oil equipment, Central Industrial Suppliers. The purchase of Central Industrial Suppliers costs Thomas Tilling $8 million, a modest sum compared to its
    229 words
  • Article
    Meeting will focus on tariffs
    453 1  -  By HSUNG BEE HWA PREFERENTIAL tariffs under the Asean automotive scheme and guidelines for joint venture projects will be major debating points at the meeting of the Asean Committee on Industry, Minerals and Energy (Coime). At the meeting, to be held in Manila next week,
    453 words
  • Article
    VIPs break out in praise
    282 1  -  By KOH TSE YING in PENANG IT WAS a day of mutual back-patting for the two dignitaries at the ground breaking ceremony of the E&O Complex in Penang yesterday. Both the Chief Minister of Penang, Lim Chong Eu, and Jack Chia, chairman of Jack Chia
    282 words
  • Article
    San Holdings to apply for re-listing
    269 1 PROPERTY-based San Holdings, a loss-stricken company previously associated with the wheeling-dealing Mosbert group, Intends to apply far a re-listing on the stock exchanges of Singapore and Knaia Lumpur. Sail's merchant banker, it is understood, has been working on the application since late last year.
    269 words
  • Article
    Hard work putting money into pigeon-holes
    527 1  -  By WONG AI KWEI MANY employees in local banks are now working over-time just to sort into neat piles millions of brand new, new, not-so-new, not-so-old, old and very old notes and coins. Their task began in midFebruary when the Currency Board announced new
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      36 1 intknus Paper Shreds Unwanted Paper Documents (6 models available) Paper Shredder \omjk) business machines SYSTEMS (S) PTE LTD 47, Podium Block, Goldhill Plaza Newton Road, Singapore 1130 Tel: *****92,*****94 (3 lines) Cable: "Busnestems" See Page 2
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    • Advertisement
      Page 1 Advertisements Column 2
      42 1 BALLY Made in Switzerland "The Best of Bally" Classic styling, superb quality and that extra fine detailing for which Swiss craftsmen are world famous. si-; CAMPIONE Sole Agent for S I Asia. Hong Kong is; Taiwan. S.G. PARRETT SON (PTE) LTD. Singapore
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    • Advertisement
      Page 1 Advertisements Column 3
      83 1 Leader... page C SHIPPING TIMES AUSTRALIAN company to Introduce flbreglass gratings 5 DENTAL benefits for junior monthly rated staff of PIIB 5 A JAPANESE lesson for overseas bankers f NEW Straits Times Press (M) turns in record profit 11 RIG builder Promet gets USssim order 12 HONGKONG mass transit company
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    • Advertisement
      Page 1 Advertisements Column 4
      184 1 A gnat way to travel International Group Town Air Tlduh to Th« World at Current Market Prtcaa. AtmrncA mmm camm mini i=iM=» /> --f &9! J >. w* > S. Wk *L> ffl fSi rfti \v. Wayfoong MAF's htre purchase scheme makes owning a car ewer so easy Thinking of
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    864 2 ARRIVALS Service Local From "Operator Number Time TMA TL341 0800 BEY DXB SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI42T 0930 BWN MAS MH671 1000 PEN KUL SIA SQ201 1000 KUL CPA CX710 1005 HLP GIA GA850 1030 HLP GIA GA908
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  • REGIONAL
    • Article
      Lock icon Marcos sure winner in April 7 plebiscite
      759 2 NEW PARLIAMENTARY SYSTEM AP THE MARCOS government expects overwhelming approval for constitutional changes in the April 7 plebiscite and no matter how Filipinos vote, Marcos will be the winner. The main issue in the plebiscite is whether to have a new parliamentary system
      AP  -  759 words
    • Article
      Lock icon Opposition free to pick anyone for TV debate
      325 2 Reuter PRESIDENT Marcos of the Philippines said the opposition could choose anyone to represent its views on a nationwide television programme in which he would defend constitutional changes to be put before the people next Tuesday. In the latest development in a
      Reuter  -  325 words
    • Article
      China and UK have no ill feelings over HK
      142 2 BRITISH Foreign Secretary Lord Carrington and Chinese Foreign Minister Huang Hua reaffirmed yesterday their two countries' generally amicable positions on Hongkong without going into specifics on what eventually will happen to Hongkong. The two ministers repeated their stands during two hours
      142 words
    • Article
      Lock icon Chinese delegation to iron out differences
      205 2 AFP A CHINESE economic delegation will go to Japan next week to pave the way for a future agreement to resolve trade disputes. The team, to be led by vice-chairman of the Government Commission for Foreign Investment Control, Zhou Jiannan, will formulate an economic
      AFP  -  205 words
    • Article
      Lock icon Tokyo companies offering to sell steel to USSR
      303 2 Reuter FOUR major Japanese steel companies have offered to sell a total of 3.5 million tons of large steel pipes to the Soviet Union for a project to supply Western Europe with natural gas from Siberia. A Nippon Steel Corporation spokesman said
      Reuter  -  303 words
    • Article
      Lock icon Japanese business to help Mexico
      169 2 AP JAPANESE business, supported by the government, will fully cooperate with Mexico to expand coastal industrial belts of that country. A delegation organised by the Japan Consulting Institute, a private institute consisting mainly of trading companies and banks, will visit Mexico in autumn to conduct
      AP  -  169 words
    • THE REGION IN BRIEF
      • Article
        Lock icon CHIANG RE-ELECTED
        401 2 Agencies THE 12th national congress of Taiwan's ruling Nationalist Party unanimously reelected President Chiang Ching-Kuo as party chairman for another four-year term yesterday. The 1,500-odd delegates and observers stood up and applauded in approval of the re-election after the 20-mem-ber presidium headed by former state president Yen Chia-Kan
        Agencies  -  401 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      105 2 SWlT7f9l AND Chariot from STRASSLE r STRASSLE For those who cherish the finer things in life. Another design classic from the Strassle Collection of Switzerland A line of exquisite furniture creations by the foremost European designers. Sought by those who appreciate the finer things in life The Chariot, an outstanding
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    • Advertisement
      Page 2 Advertisements Column 2
      107 2 GfIFE ORIENT Wfe have the taste There's a new taste sensation in town. The taste of fragar«mt Pandan Chicken, chunky Beef and Chicken Satay, fiery Indian Fish Head Curry, sweet-sour Lychee Duck and many other local and western specialities. Evening extra Chinese Porridge that's simply delicious! Served in a setting
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  • OVERSEAS
    • Article
      Lock icon Misplaced emphasis on energy costs
      446 3 Agencies INFLATION generated by the United States and Europe since 1965 has caused more serious problems for Third World economies than have their energy bills. In 1975, price increases for manufactured goods represented an additional outlay of US$l2 billion for oil importing developing countries, while
      Agencies  -  446 words
    • Article
      Lock icon MOSCOW'S ATTACK ON POLISH PARTY
      150 3 Reuter THE SOVIET communist party newspaper Pravda, in its first direct criticism of Polish communists, accused them yesterday of doing nothing to prevent a dangerous "anti-socialist" meeting in Warsaw. The Kremlin daily, in a report from Warsaw, gave a long account of a meeting at
      Reuter  -  150 words
    • Article
      Lock icon Walesa reaffirms control over policy making
      326 3 Reuter SOLIDARITY leader Lech Walesa has reaffirmed his control over union policy following the resignation of a leading militant and the sacking of another. Also, a union communique said Solidarity's secretary, Andrzej Celinski, has been barred from the next session of the national commission,
      Reuter  -  326 words
    • Article
      Lock icon Loan for power station sparks criticism in UK
      342 3 AFP A BRITISH company's recent t:w# million contract to build a power station in Hongkong has led to criticism that British taxpayers will be signing a blank cheque for subsidies costing possibly more than half the amount. This is because of the
      AFP  -  342 words
    • Article
      Lock icon Reagan likely to miss balanced budget target
      553 3 Agencies PRESIDENT Reagan is likely to miss his target of a balanced budget in 1984 by a wide margin even if his economic programme of sweeping budget and tax cuts is approved, according to a report from the Joint Economic Committee of Congress
      Agencies  -  553 words
    • Article
      Lock icon America developing new minerals policy
      182 3 Reuter THE REAGAN Administration is developing a new minerals policy aimed at decreasing US dependence on imports. Interior Secretary James Watt told a Congressional sub-committee hearing that the Administration seeks to expand domestic mineral production and increase the US strategic stockpile. President Reagan has already
      Reuter  -  182 words
    • THE REGION IN BRIEF
      • Article
        Lock icon IBM FIGHTS BACK
        440 3 Agencies THE INTERNATIONAL Business Machines (IBM) Corporation has challenged the legality of EEC charges to some of its business practices. The European Commission accused the company last December of abusing its dominant position in the computer market and invited it to submit a defence by April 30.
        Agencies  -  440 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      303 3 IF YOU'RE ANY GOOD, IT SHOULDN'T MATTER IF WE'RE LOCAL. Deciding to join a local advertising agency is often as difficult for the individual as it is for the agency to appeal to the right kind of talent. Sadly, there are too few advertising professionals with sufficient confidence in theirability
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    • Advertisement
      Page 3 Advertisements Column 2
      95 3 KOm KINABALU oat MAY f* A <;»n< C <»>■ EveryVCfednesday and Sunday on Cathay Pacific's Boeing 707 At 8.35 am every Wednesday and Sunday, Cathay Pacific's Boeing 707 flies to Kota Kinabalu and on to Hong Kong. With return flights every Tuesday and Saturday at 3.45 pm. For comfort and
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  • RAW MATERIALS
    • Article
      Rubber price should go up in the coming months
      598 4 DESPITE the c urrent weakness of the rubber price, anil shortfall due to the continuing weakness of major industrial economies, the rubber price should go up in t he coming months. The Malaysian Estates Owners' Association's incoming president Mr Heah Hock
      598 words
    • Article
      RUBBER
      246 4 THE Singapore market yesterday closed slightly higher with April One RSS buyers quoted at 245 00 cents per kilo, up 2.50 cents from Wednesday's close, dealers said. Afternoon prices gained further ground with May quoted at a high of 252.00 but values eased slightly after the close on some
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    • Article
      RAS PRICES
      401 4 RAS prices In cents per kilo yesterday Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R.S.S. prompt fob 239 00 240 OON 240 00 241 00N Int 1 R.S.S April 244 00 245 00 245 00 246 00 Int. 1R S.S May 249 00
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    • Article
      SSR and SMR
      122 4 NOON SSR u >d SMR prim ve*Urd*y HAS April 1 May (Current Mth) (Forward Mth) Buyer* Seller* Bayer* Seller* SSR 20 (1-ton pallet) 225 50 277 50N 227 50 229.50N SSR SO (1 ton pallet) ***** 224.50N 224.50 226.50N MRELB April May SMR CV (1 ton pallet)
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    • Article
      Straits Tin
      82 4 THE STRAITS tin price in Penang yesterday recovered 22 cents to M 531.92 a kilo, still within the International Tin Agreement's middle range price of $31.11 to $32.74, dealers said. The rise was a reaction to higher overnight London Metal Exchange advices and aided by lower offerings of
      82 words
    • Article
      CLOSING PRICES
      34 4 Rubber: April 2 Singapore: April: 245.00 cents (up 2.50 cents) Malaysia: April: 266.00 cents (up 3.00 cents) Tin: M $30.92 per kilo (up 22 cents) Official offering: 195 tonnes (down 30 tonnes)
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    • Article
      SOYBEAN
      123 4 SOYBEAN futures in Chicago on Wednesday ended on the bottom of a 14'? cent range, off 9 l to seven cents a bushel in revived trade. Chain reaction local selling into a void of followthrough professional and commission house buying forced prices to new day's lows, sources said. Values
      123 words
    • Article
      Produce exchange
      191 4 CHINESE Produce Exchange, Singapore, noon closing prices per lit kg yesterday. Coconut oil: Hulk fob $117 00 sellers, old drum (in second hand drum) fob $130 00 sellers, new drum fob $136 00 sellers Copra: Mixed (loose) $66 00 buyers Pepper: Muntok white pepper fob Asta NLW 1
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    • Article
      TEXTILES
      197 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down Cotton vara: China Blue Phoenix 20s 2.290. 32s 2.840. 40s 3.030 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      197 words
    • Article
      RICE
      322 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown. THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 108, 100 per cent third class 1.05, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0 80.
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    • Article
      Lock icon Beijing plans to produce record grain harvest
      288 4 Reuter CHINA plans to produce a record 332.5 million tonnes of grain this year, just exceeding the previous peak harvest of 332 million tonnes, despite a fall last year to 316 million tonnes. Vice-minister Du Runsheng of the State Agriculture Commission said a
      Reuter  -  288 words
    • Article
      LONDON MARKETS
      710 4 COFFEE: Robusta futures yesterday ended a very quiet morning LI to £5 a tonne steadier, as values traded well within the current range of support and resistance levels, dealers said. In the absence of any fundamental news, the market continued to lack direction and was waiting for a
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    • Article
      WHEAT
      144 4 WHEAT futures in Chicago on Wednesday closed at or near the bottom of a seven cent range, down three to 1 cents a bushel in mostly local trade. Scattered commercial and commission house selling, along with a lack of followthrough professional demand. prompted local long liquidation which dropped all
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    • Article
      PALM OIL
      136 4 THE Kuala Lumpur market yesterday ruled higher on covering for the Indian tender in fairly active trading, dealers said. In April, the central region was traded up M 5955 a tonne, unchanged from its overnight close while in May, it rose $2.50. The northern region was traded at
      136 words
  • ASIAN STOCKS
    • Article
      Record high again
      551 4 TOKYO THE market average on the Tokyo Stock Exchange yesterday closed at a record high, of 7,416.97. up 26.98, for the third consecutive day on continued active buying by foreign investors, dealers said. Blue chips in steels, heavy electric machines and cars led the advance, discounting the
      551 words
    • Article
      Hongkong
      302 4 THE market yesterday was strong while volume remained low and sellers continued to be scarce. Buying was strong in the morning as rumours of high prices for the MTR sites spread in the market Profit-taking in the afternoon trimmed some of the early gains as many small investors took
      302 words
    • Article
      Sydney
      274 4 BHP rose 15 rents to A 514.30 and CSR 12 cents to $6 98. CRA fell 25 cents to $4.50. Mim gained 13 cents to $4 45. WMC added two to $5.30. and TNT added six cents to $2 65 after special sales totalling 1.25 million shares at $2.60
      274 words
    • Article
      Manila
      115 4 THE stock market was yesterday again mixed, dealers said. Turnover rose to 4.8 million from 2.5 million. APR 02 Peios Acoje Mlnlnc 006 unch Atlas Con A AUti Coo B. 32-50 -03 Bafulo Gold 0041 -MOD Benjuet Con B BF Goodrich S3 SO 1090 6.5 unch CDCP i unch
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    • Article
      Selected indices
      59 4 FINANCIAL TIMES INDUSTRIALS Wednesday 529 8 Tuesday 528 1 Week Ago 507 4 DOW JONES AVERAGE INDUSTRIALS Wednesday 1014.14 Tuesday 1003 87 Week Ago 1015 22 U.K.HANG SENG Thursday 1408.85 Wednesday 1387 76 Week Ago 1450 51 AUSTRALIAN INDUSTRIALS Thursday 734 7 Wednesday 729.7 Week Ago 720.3 ALL
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      499 4 The National University of Singapore in conjunction with The University of Texas at Austin present General Management Program two-week senior managerial development syllabus for functional specialists Date June 1 12, 1981 INTRODUCTION This program has been developed for managers with experience in specialized functional areas. Its main objective is to
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Company to introduce fibreglass gratings
      474 5  -  By RICHARD SEAH AN AUSTRALIAN company is introducing a new type of gratings which is maintenance-free and more economical than conventional steel or aluminium gratings. The fibreglass gratings are made by CIC Industries, a member of the Cooperative Insurance Company of Australia. The general manager
      474 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      239 5 SINTAT, the car rental agency, has appointed Mr Andrew Tan as general manager and Mr Hamid bin Aziz as sales manager for its Singapore base of operations. Mr Tan will take charge of the day-to-day running of four major areas, namely maintenance, sales, operations and accounting. Before
      239 words
    • Article
      Dental benefits for junior staff of PUB
      255 5 JUNIOR monthly rated staff of the Public Utilities Board (PUB) are now eligible for dental benefits, under the terms of a new collective agreement signed yesterday. They will receive a 50 per cent subsidy on dental bills at Government dental clinics, subject to
      255 words
    • Article
      Bilateral trade
      151 5 SINGAPORE manufacturers should look more towards the Japanese market as Japan is "emphasising import promotions". The call was made by Mr Shuichi Shirahama, 42, the new deputy managing director (administration, economic and public relations) of Japan Trade Centre, Singapore, who assumed duty recently. He succeeds Mr Kazuhiro Ishijima,
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    • Article
      Paper industry picking up after recent slump
      402 5 THE PAPER industry is starting to pick up after a slump over the last few months which reached its lowest point during the Chinese New Year. The recovery is partly due to seasonal demand for paper products after the year-end lull and the
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    • Article
      Journal on food, drugs drinks and tobacco
      412 5 FOOD, drugs, drinks and tobacco companies in Singapore can look forward to a journal soon to keep them informed of the latest developments in their industries. The Food, Drugs, Drinks and Tobacco journal has been initiated by the Group A committee of the
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    • Article
      MEMO PAD
      294 5 SEMINARS AND COl USES Apr 1-16: Seminar on Self-Paced Competency-based Skills Training. Regional Language Centre, Vocational and Industrial Training Board Apr 6-29: Certificate in Production Management Module II Work Measurement and Incentive Schemes, NPB Cuppage Centre, National Productivity Board Apr 6-29: Plastic Materials and Additives, NPB Cuppage Centre,
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      278 5 No other hotel in Penang can give you a convention like the Rasa Sayang. -V. 1, vv H < t£ U ///A 4 r^\ sjk > -1' We take your convention seriously. That s why we have the finest meeting facilities in Penang. A convention hall to cater for a
      278 words
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  • Article
    No Oscars for Mr Reagan
    419 6 IT DOES not require a great deal of study, much less a congressional report, to conclude that wiping out a US$45 billion dollar budget deficit in two years is close to impossible. Reagan's economic package of simultaneous budget and tax cuts, with a balanced budget
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  • Article
    Either have the cake or eat it
    268 6 REMARKABLY, even before their first indus- trial complementation package has got off the '.ground, Asean members have agreed on another. To some, this may reflect the great to date of Asean industrial cooperation. •But others will quickly pour skepticism on this Jview and
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  • Article, Illustration
    Lock icon A Japanese lesson £or overseas bankers
    992 6  -  The shock of the recent financial failures in Japan will be felt in the foreign banking community for quite some time. In fact it is likely to make banks slightly apprehensive of similar deals. RICHARD HANSON looks at how foreign lenders have become embroiled
    FT  -  992 words
  • Article
    Lock icon World financial stability threatened
    855 6  -  FORUM with LEONARD SILK NYT THE SHOCK from the attempt on the life of President Reagan spread through the world financial system within minutes. Panic was forestalled by the quick closing of the New York Stock Exchange and by the news that, following surgery to remove
    NYT  -  855 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      678 6 t -IR-OHE CROSSWORD •CRYPTIC PUZZLE ACROSS m 4 How the hot tap may be worn (3, 3) 7 Strength of personality? (3-5) Such possessions as radio and TV? (6) 10 A childish untruth (5) 11 A tendency to put on side? u (4) 1* More than one sharpener (4) 15
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      45 6 To scmeTMlKG\ OUT. CP\N eOfJROuj VOuR J ffeNQL? fufcfcDS Vm ftfTßfiip V v? _jg> VvHlWiVOU HfWfcN'T 1 <N»TT\HG> N€j6BL€. I CP» VfiS■ iofeJLL.i Si>fyQSe°J VgK 0 /pis P> WTtejß OF\ (jP»CT 1 MRVe.... J l To S€£, »F I CAN PUSH %hcil iJ*»GWT TMRCUGW "7^
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    • Miscellaneous
      Page 6 Miscellaneous Column 3
      617 6 T^I&RADIOnjM The Missing 24 Hours A ROOKIE private eye named Richie Brockleman will occupy the television screen on tonight's TV 7 Movie (channel 5, HJS). This pilot for n series expected to replnee The Professionals on Tnesday nights, is titled "The Missing 24 Honrs." Dennis Dngaa plays the 24-year-old college
      617 words
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  • Article, Illustration
    MAGIC OF MYER
    757 7  -  Myer is coming to town. Its equity interest in Parkway Parade, the $250 million complex to be built at Marine Parade, marks the first time Myer, Australia's largest departmental store chain, has committed itself to running a store in an Asian country. FLORENCE CHONG spins the story
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  • Article, Illustration
    Venture into Asian markets
    954 7 MYER EMPORIUM LTD. the largest Australian retail chain, last month announced plans to open a major department store in Singapore. It is also negotiating with the developers of Parkway Parade to manage the complex. This is the most significant move in the group's swing away from
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  • Article
    STRAWS IN THE WIND
    161 7 NOT LONG after we discovered that buses in Sentosa require their passengers to stand inside the bus, a reader finds that buses of the Tour East fleet specify "1 driver only" on their passenger capacity notice. Asked our reader, "Is it likely that there would be
    161 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      144 7 This Advertisement appears as a matter of record only -fc fi The Great Wall Hotel Joint Venture of Beijing U.S. $72,000,000 Term Loan Lead Managed by Nordic Bank Limited Allied Bank International European Banking Company Limited The Royal Bank of Canada (London) Limited Bank of New South Wales Singapore Branch
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    • Advertisement
      Page 7 Advertisements Column 2
      916 7 r >x< incorporatedPecuD'«c o• S«ogapo r et NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of the shareholders of the Company will be held in the Board Room, 45th Floor, DBS Building,6 Shenton Way. Singapore 0106 on Tuesday, 5 May 1981. at 11
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        188 8 APR 01 Fls ***** 2 Ahold 77 JO 21 Akzo 32.70 08 AMEV 93.30 0J Amfu 102.00 18 Amrobnk 57 50 12 Berjoss 23 00 unch Berk 46 .30 03 Bols 5890 -0.1 BorsumlJ 218.00 7 BurHmmn 54 00 1 Byenkorf 38 90 0.4 C aland 31 JO 1
        188 words
      • Article
        Paris
        258 8 APR 01 Fn CORBEILLE Alr-Llqulde B S N Gervals Danone C S F (ThomsonC*f) Cle Francalse des Petroles Compagnte Financier* Compagnle Generate Credit Foncler 480 1080 386 221 408 398.20 -4 -IS -3.8 -1.S 2 -1J Hachette (Llbralrie) Machines Bull Mlchelln (B) Parlbaa Pechlney Clflne 334 56 788 284
        258 words
      • Article
        Frankfurt
        231 8 APR 01 Dm Aeg-Telefunken 59-50 1.4 Akzo 3040 0 8 AUz Leben 1080 00 15 AIU Vert MS SO 25 BASF IMX 25 Bay H T Wbank Ml 00 Bay Vbank 288 00 2-5 Bayer ***** 3.4 BBC 244 00 BMW 183 00 Cauella ***** -17 Chem Ver* 237
        231 words
      • Article
        Brussels
        94 8 APR 01 FT* FORWARD MARKET Af*r 296 It Arbed 1284 4 Astur 388 4 BrtFi n 996 ■1 Bra-Lamb 1072 2 Ctnpir 1472 -14 Coci 164 •1 De Been 327 uncti Ebe* 1615 -S Electro bel »10 >10 Ob-Inno-Bm 2000 unch Of" 1350 -2 Hobo* 2325 111 4680 25
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      • Article
        Zurich
        179 8 APR 01 Francs Action* Sulsses Alusulsse Br. Alusulsse R*« Brown Bo*ert Br Clba Oelfjr Br Clba 0*lf> P C Clba Geify K*t Cre<111 Suisse Br Credit Suisse Re> Elekttowatt Br Oeorf* Fischer Br Globus Pc Hero Br. Hoffman La Roc Me 1/10 Holderbank Br Interfood Br 285 1100 2880
        179 words
      • Article
        Milan
        107 8 APR 01 Lire Anlc (Si I Aaaoc Oen 155(00 4 ISOC Butogl ***** 15 Central* rut 2300 4 30 FlnMer 88 75 2381 -075 4-1 Oen Immob in w. 7501 4 251 Iialcementl M495 925 41 Ilalfu 1131 llalsMer 300 50 0.5 Mafnetl M Pf 10S0 5 Marelll Ere
        107 words
      • Article
        TORONTO
        191 8 APR 01 C Abiubi t 27* Alctn MS Alfoma «<» Bank Mont Bank Nov* Scotia Bell Tel 31% ->• 30H IBS €24 34 Betn Corp BP Can Lid Camp Red Lake Can Imp Bk Can par Can pa c Inv Pf Carting OXeefe Comlnco S3* ♦>! 314 -<• 4S\
        191 words
      • Article
        JOHANNESBURG
        313 8 APR 01 Rand INDUSTRIALS A Alpha 450 5 A be rcom 375 unch AE And CI 896 unch AMIC 2650 -25 Barlows 1100 5 Cf Sugar 1825 unch CNA 515B unch Currie Finance 232 7 De Beers Ind Mfon ZZ 680 10 Edgars 8000 unch E»e ready Fed Vole
        313 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      661 8 See Page 4 for Asian stocks and Page 9 for NYSE prices Where to wine,dine and entertain Inn Of Happiness Dine Dine Cantonese style. Szechiian style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that
      661 words
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      Page 8 Advertisements Column 2
      153 8 Rfcasgood as going to Bangkok. This is Thai Seafood at its authentic best So trash, it could have been alive 15 minutes before coming to your table It «as An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant O Cockpit Hotel Oxley
      153 words
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  • BANKING AND FINANCE
    • Article
      HONGKONG
      184 9 THE US dollar yesterday was mixed in fairly quiet late trading, dealers said. They said commercial buying of US dollars brought the Hongkong dollar lower while indications of lower US prime rates caused the dollar to tend easier against some currencies, particularly against the Swiss franc. The dollar eased
      184 words
    • Article
      TOKYO
      153 9 THE! US dollar for overnight delivery yesterday closed easier at 212.60 yen, compared with a 213.00 opening here and 212.75 90 closing in New York overnight, dealers said. This was up from a 211.95 closing here on Wednesday. Trading volume was a fairly active U***** million. The dollar fluctuated
      153 words
    • Article
      GOLD
      230 9 SINGAPORE gold futures yesterday closed higher compared with overnight levels after fluctuating narrowly in quiet trading, dealers said. Total sales for the day was recorded at 56 lots while volume for kerbs was at 60 lots with interest centred on June and August contracts, they said. June closed firmer
      230 words
    • Article
      London
      39 9 Opening quotes yesterday US 2.2395 2405 Can 2.6452 82 Cross -1.1818/21 D Mk 4.6875 925 D F1 5.1950 2000 S FY 4.2750 '825 B Fr (con) 76.83 93 F Fr 11.0725 875 Lit 2336.25 2344.50 yen 475.44 476.43
      39 words
    • Article
      Singapore market
      497 9 THE US dollar firmed slightly against major currencies yesterday. Trading in the local market was quiet. As there was little news which affected trading, the dollar fluctuated within a very narrow range, dealers said. The dollar opened at 2.0940 50 against the mark and closed firmer at 2.0960
      497 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.77 per cent.
      22 words
    • Article
      ASIAN $ RATES
      204 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Apr 2. L'S DollartiSpot) OfTer Bid 7 days 14'. 14'. 1 month 14 5/16 14 3/16 2 months 14 >. 14'. 3 months 14'. 14'. 6 months 14 1 14 9 months 14 5/16 14 3/16 12 months 14
      204 words
    • Article
      Discount
      52 9 RANGE of prices ottered by discount houses on Apr 2: Overnight: 7'«^? Call deposits: 6 i r i to 7 V, Clonni Buying Selling 3-month Treasury bt»s 6' 6 1 3-month Bank bills 119/16 U7/16 3 months CD 10 10'. 6 months CD 10 13/16 10 U/16 Source: National
      52 words
    • Article
      Silver quotes
      39 9 Werf Taea New York 12 00B 11.90B 12.30S 12.20S Zurich U.96B 12 20B 12.25S 12 50S Than me* Singapore 12 00B 11 80 12.40S 12.20S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.
      39 words
    • Article
      Prices continue to rise
      973 9 NEW YORK STOCK MARKET THE NEW YORK stock market on Wednesday rose in active trading as the prime rate resumed its downward course. The banking industry moved to a uniform prime rate of 17 per cent. Analysts also said investors were encouraged by the continued good
      973 words
    • Article
      Quotation of Singapore Government Stocks as at Mar 31,1981:
      752 9 as at Mar 31,1981: Number Mcatne Gross C«4>on AiTMUlt Merest #1 days Mkkfte Price edempton Maturity Year Raised Rate (S Itton) Payment of Accrued (eidudmc YieM <* P») Oates Merest teemed (f> P») Merest) 1.5 79/81 1963 5'i 1836 1/5. 1/11
      752 words
    • Article
      Caution over yen loans
      160 9 THE JAPANESE Ministry of Finance must be more cautious about yen loans to non-residents than those in foreign currencies because of their direct effect on the balance of payments. Vice-minister for International Affairs at the Ministry, Takehiro Sagami, there has been a recent rush by non-residents
      160 words
    • Article
      US prime at 17 per cent
      153 9 ALL of America's big banks adopted a prime lending rate of 17 per cent on Wednesday, reflecting lower costs to banks acquiring funds in the money market. A few big banks and several regional banks cut their base rate on business loans to 17
      153 words
    • Article
      Lock icon ARGENTINE PESO DEVALUED
      112 9 Reuter THE Argentine peso was devalued to 3,050/3,100 (buyer seller) yesterday from 2,363 2,375. Economy Minister Lorenzo Sigaut said the devaluation works out at just under 23 per cent. Sigaut, who took over as Economy Minister on Sunday, said according to budget and central bank domestic credit
      Reuter  -  112 words
    • Article
      Lock icon ADB rate increase
      75 9 AFP THE Asian Development Bank's (ADB) board of directors has approved the increase from 9 to 9.25 per cent of the annual lending rate for loans extended from its ordinary capital resources starting this month. An official ADB statement said the decision would not affect the terms
      AFP  -  75 words
    • Article
      Amex card membership distribution
      456 9  -  By ALVIN TAY AMERICAN Express cardholders in Malaysia will exceed those in Singapore in five years' time, while the volume of business generated by tourists here will overtake Hongkong. The Amex Gold Card (billed in Singapore dollars) was introduced in June 1977, and has 6,000 members
      456 words
    • Article
      MORE ENLIGHTENED
      354 9 THE US Federal Reserve is unlikely to tolerate the degree of interest rate swings that occurred last year as it has generally realised its mistakes and the dislocations they caused. Dr Len San tow, senior vice president of New York-based J Henry Schroder Bank ft Trust, said prime
      354 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      38 9 Enjoy the best beef in town Business Lunch at the Shima Restaurant Goodwood Park Hotel Japanese cuisine Teppanyaki, Sukiyaki, Yakiniku and Shabu-Shabu At the Shima where else. Goodwood Par* Hotel 22 Scotts Road Singapore 0922 Tel: *****81/2 s*
      38 words
    • Advertisement
      Page 9 Advertisements Column 2
      49 9 TmS ADVERTISEMENT APPEARS AS A MATTER OF RECORD ONLY a* KORER EXCHRNEE BRNK HONG KONG BRANCH USS 20,000,000 FLOATING RATE NEGOTIABLE CERTIFICATES OF DEPOSIT MATURING APRIL, 1984 MANAGED BY CHASE MANHATTAN ASIA LIMITED SANWA INTERNATIONAL FINANCE LIMITED KOREA ASSOCIATED FINANCE LIMITED AGENT THE CHASE MANHATTAN BANK, N.A. APRIL. 1981
      49 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2173 10 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 A COMMERCIAL Acma (3.405)
    2,173 words
  • Article
    Unit trusts
    189 10 SINGAPORE INIT TBI ST OlB-MONTAGt (Nw|m' prim far Apr I) (Mutfrn' prim i far Apr Si The Commerce Union Spore Fund 1 58xd 1 63xd 383 403 The Savings Fund 211 2 22xd INCOME BOND I NIT S pore Prog Fund 1.(2 170 ((.ureal prl k*a) 148 I
    189 words
  • Article
    SHARE INFORMATION SERVICE
    2788 10 1980/1981 High Low Company Last Sale orGr'a Div Div C'vr Gr'a Y'ld Net P/E Vol COOO) 1 Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 360 209 290 420 184 940 450 430 320 130 161 330 110 650 322 360 Aetna Alcorn Allied Choc BAT Bata Ben
    2,788 words
  • Article
    In Kuala Lumpur
    2391 10 BED and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified INDISTRIALM AJaamata (3 228) Una (2 955) A Chat (2 20B) (2)
    2,391 words
  • Article
    COMPANY MEETINGS
    69 10 KING'S H»tel Siiig*p*re: AGM to be held at Unit 1604. 16th Floor, Hong Leong Building, 16 Raffles Quay, Singapore on April 3 at 10 am. PACIFIC Development Credit Berkad: EOGM to be held at 9th Floor, Wisma Central, Jalan Ampang, Kuala Lumpur on April 6 at 3 pm.
    69 words
  • Article, Illustration
    Profit-taking reduces early gains
    710 10 SHARE prices opened higher at the stock exchange yesterday with strong carryover interest from Wednesday. However, profit-taking In the late morning saw the Straits Times Industrial index shedding 4.9S points after reaching an all-time high oa Wednesday. The morning trading took place against a mixed market
    710 words
  • Article
    Downward bias on KL market
    601 10 SOME hesitation developed in the latter session yesterday as profit-takers made their presence felt on the Kuala Lumpur stock exchange. The mild liquidation which emerged in the second half of the morning wiped off some initial gains and left the market in a mixed position
    601 words
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  • COMPANY NEWS
    • Article
      New ruling on unit dividend payment
      547 11 HOLDERS of Amanah Saham Nasional Bhd's units who relinquish their holdings prematurely will still be entitled to dividend proportionate to the period they hold the investment. The dividend will, however. be paid only when it has been officially declared. This means that such unit
      547 words
    • Article
      MD of Hwa Hong resigns
      185 11 MR Hwang Chung Kuo has resigned as managing director and director of Hwa Hong Manufacturing on March 31 after more than fifteen years of service. Mr Hwang, who received a gratuity payment of $40,000, has left Hwa Hong to start his own edible oils factory
      185 words
    • Article
      Perlis acquires two more property companies
      306 11 SUGAR-based group Perlis Plantations is making further strides into the field of property development with the acquisition of interests in two more companies with land assets. In the first transaction, its newly acquired property arm Minsec Properties (formerly known as Mineral Securities) has bought
      306 words
    • Article
      NST turns in record profit
      319 11 BOOSTED by increases in advertising and circulation revenues and continued good support from its subsidiaries, the New Straits Times Press (Malaysia) has set a new mid-term pre-tax profit record of M 517.5 million at the group level. The result represents an earnings growth of nearly
      319 words
    • Article
      COMPANY BRIEFS
      227 11 PAN Malayan Holdings said that its bonus shares will be capitalised from capital reserves of the company. MR OEI Hong Leong was appointed managing director of United Industrial Carporation on March 25. THE Malaysian Foreign Investment Committee had approved the joint-venture of Island and Peninsular Development with Hasmat
      227 words
    • Article
      Good returns at Renong Tin
      136 11 RENONG Tin Dredging Co, now mainly an investment holding company, has reported a 44.3 per cent rise in pre-tax profit to M 5340.000 for the half year ended Dec 31, 1980. Net after tax profit came to $204,000, 49.4 per cent above the previous year's
      136 words
    • Article
      Lock icon Fancy landing
      677 11 mm™ by HOCK LOCK SIEW ALL that was known about it at one time was "fancy" ceramic tiles and those early years of Hong Leong Industries (then bearing the name Fancy Tile Works) were hardly considered rosy ones. There was the constant danger of it slipping into the
      by HOCK LOCK SIEW  -  677 words
    • LATEST RESULTS
      • Article
        STRAITS Steamship Co
        80 11 has announced a group 1980 net attributable profit of $19.18 million ($9.63 million) on total sales of $177.60 million ($181.39 million), after an extraordinary profit of $2.57 million (loss of $117,000). A final dividend of 14 per cent tax exempt (first and final 20 per cent) will
        80 words
      • Article
        INCH Kenneth Kepong Rubber
        41 11 made a pre-tax profit of Msllo million for the year ended Dec 31, 1980 against $937,560 previously. Dividend payment has been deferred but will be reviewed when results for the period to June 30 are available, 000
        41 words
      • Article
        KULIM (Malaysia)
        42 11 reported a pre-tax profit of M 511.54 million for the year ended Dec 31, 1980 compared with $16.99 million previously. A final dividend of 14 per cent has been recommended, making a total of 24 per cent for the year.
        42 words
    • Article
      COMPANY MEETINGS
      75 11 CABLSBERG Brewery Malaysia Berfcad: AGM to be held at Carlsberg Brewery Malaysia Berhad, Ladang Perusahaan Shah Alam, Selangor on April 23 at 11.30 am. KILLING HALL Tin (Malaysia) Bhd: AGM to be held at 10th Floor, Komplek Kewangan, Jalan Raja Chulan, Kuala Lumpur on April 23 at noon.
      75 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      407 11 II Every business has its share of VIP guests. What better way of telling them they're important than by greeting them in a chauffeur driven Jag? Unless, of course, you'd prefer the thrill of driving one yourself. So next time you have a VIP guest, impress him. The Jaguar Series
      407 words
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      Page 11 Advertisements Column 2
      876 11 NOTICE ■nstl EH The New St raits Times Press (Malaysia) Berhad. INTERIM REPORT The Directors ore pleased to announce that the unaudited results of the Group and the Company lor the six months ended 28th February 198 I compared with the figures for the corresponding penod in the previous year
      876 words
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  • Article
    Lock icon Revolt will be crushed, warns Suharto
    263 12 AFP INDONESIA'S President Suharto said in Jakarta yesterday that the armed forces would crush any attempt by any group to stage a coup d'etat in the country. In his first official reference to the coup in Thailand, the Indonesian leader said: "The armed forces
    AFP  -  263 words
  • Article
    Lock icon HK mass transit company signs property deal
    269 12 Reuter HONGKONG'S Mass Transit Railway Corporation (MTRC) said yesterday it has signed its first joint venture agreement for property development connected to its new line. The agreement is with a six-company group led by Hang Lung Development and includes New World Development, Associated
    Reuter  -  269 words
  • Article
    Lock icon AMERICA PLANS TO HELP REARM ALLIES
    166 12 Reuter PRESIDENT Reagan intends to help rearm much of the non-communist world as well as fulfilling his promise to "rearm America." US officials said that unlike President Carter, who came into office criticising America's role as an arms merchant to the world, Mr Reagan
    Reuter  -  166 words
  • Article, Illustration
    Lock icon Kriangsak appointed peace mediator
    572 12 Agencies FORMER Thai Prime Minister Kriangsak Chomanan has been appointed to mediate between General Prem Tinsulanonda and a group of senior military officers who are trying to overthrow him, the Prem-controlled radio station in north-east Thailand announced last night. In Bangkok, Radio Thailand, which is controlled
    Agencies; UPI photo.  -  572 words
  • Article
    LONDON STOCKS
    926 12 LONDON, Thurs. Equities moved higher in large turnover today. At 3pm, the Financial Times index was up 11.4 points at 541.2, approaching the record level of 558.6 reached on May 4 1979. Part of the turnover was attributable to end-of-tax-year technicalities but the underlying level of demand had
    926 words
  • Article
    Lock icon DOW JONES HIGHER
    117 12 AP NEW YORK, Thurs. The stock market pushed ahead this morning. The Dow Jones average of 30 industrials rose 1.17 points to 1.015.31 in the first half hour. Gainers outnumbered losers by 4 to 3 in the early tally of NYSE-listed issues. Analysts said the market was
    AP  -  117 words
  • Article
    Working group for National Computer Board
    120 12 THE Government has appointed a working group to set up the National Computer Board (NCB) as soon as possible. The group, appointed by the Minister for Finance, will draft the necessary legislation and take all steps to set up the board. Mr Philip Yeo.
    120 words
  • Article
    PROMET'S US$50m OIL RIG ORDER
    119 12 LOCAL rig builder Promet recently secured a US$5O million order to build one of the largest three-legged oil rigs in this part of the world. The jack-up platform rig is purchased by Drilling Investments, a subsidiary of the French Societe Nationale Elf Aquitaine. The rig
    119 words
  • Article
    Bovis offers to take over prestigious KL project
    541 12 IN YET another bold step forward, Bovis South-east Asia has announced an offer for the Belmont Centre project, earmarked to be Kuala Lumpur's tallest landmark. The move comes even as Bovis remains suspended on the stock exchanges of Kuala Lunjpur and Singapore
    541 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      369 12 Wfe have a history of making money grow <«£ Lombard North Central is part of JKfOm i one of the world's largest banking SqJH groups and we have a history whicHSFf covers more than 100 years. KmM: We offer a range of deposit jW (I lUI schemes which will produce
      369 words
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      Page 12 Advertisements Column 2
      83 12 Frankfurt en route to any of 58 cities in Europe? Precisely. On Lufthansa. rankfurt y 4• D-ABYL Lufthansa flies to 58 cities in Europe via Frankfurt. Departing from Singapore at 2120 hours every Monday, Wednesday and Friday; from Kuala Lumpur at 0240 hours every Monday and Thursday and arriving at
      83 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in several areas from late morning. Report for 24 hours prior to 7.3t pm on April 2 at the airport. Maximum temperature. 31.0 Associated humidity 70 Minimum temperature 25.0 Associated humidity 97 Hours of sunshine 3.60 Rainfall in millimetres
      64 words
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  • SHIPPING TIMES
    • Article
      Lock icon BS chief criticises Japan's building policy
      149 13 AFP THE Japanese represent a "serious threat" to the equilibrium in the shipbuilding market and to the very future of shipbuilding in Western Europe, said Robert Atkinson, chairman of the state-owned British Shipbuilders (BS). He was highly critical of Japan's attitude toward the 1976
      AFP  -  149 words
    • Article, Illustration
      Imco rules establish shipping standards
      603 13  -  By JAN LEE GOVERNMENTS of the world are responsible for ensuring safer shipping and cleaner oceans through their ratification of various codes drawn up by the Inter-gov-ernmental Maritime Consultative Organisation (Imco). This need for global standards was emphasised by Mr C P Srivastava, Imco's secretary-general
      603 words
    • PORTSIDES
      • Article
        Seattle port scheme
        97 13 THE Port of Seattle is planning to build a bulk cargo terminal and freezing plant in its one major outstanding development project at piers 90 and 91. The two piers, at the north of the port and centred in a residential district, were previously operated by the
        97 words
      • Article
        Lock icon Statfjord awards contract
        86 13 Reuter THE Statfjord Group has awarded a 1.5 billion crown contract to the Norwegian shipbuilder Moss Rosenberg Verft A/S to construct and install the steel deck frame for the Statfjord 'C' platform in the North Sea, Norwegian state oil company Statoil said. The contract was signed on
        Reuter  -  86 words
      • Article
        16-day-old strike ends
        134 13 STRIKING tugboat workers in Washington and Alaska have voted to end their 16-day-old strike pending a vote on a new contract during the next few weeks, union officials said. Some of the tug tankermen, deckhands, cooks and engineers were called back to work immediately to handle ships
        134 words
    • Article
      INDEX TO ADVERTISERS
      799 13 Shipping lJne P*g» CM Achipelego vn I Adriatic n s Afea VI 3 Afro-Eurasia VI 2 A! Navigation VI 2 Alfred CT vm 4 All trans VI 5 Alpar VI 5 Angkutan VI 4 Angonave V 1 ANL 1 1 Antoll vm 1 APL in 4 5
      799 words
    • Article
      Container Schedules
      950 14 RECEIVING OF EX PORTAL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Zim Singapore 14E 3.481 1700 Star Shpg 50 TT Petr Dutov 2CE 3.4.81 1000 S'pore Soviet 50 VC Siri Bhum 07S/08N
      950 words
    • Article
      LONDON FREIGHTS
      1524 14 GRAIN chartering remained on a fairly small scale on Wednesday with rates mostly showing small irregular changes. Heavy grain from the US Gulf to Japan paid U5528.75 fio for April May, a rise of 50 cents but business from the Gulf to China in April at $42.65 recorded
      1,524 words
    • Article
      SHIPS IN PORT
      133 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Not Available CONTAINER TERMINAL Elbe Maru 49 Lampung 50N Mercator 53 Mondo 53S President Eisenhower 54 Sovereign Accord 51S Jl RONG PORT Bright (alongside) B2 Bella trix (0930) B5 Eastern Bright Barge (alongside) B9 Fortune Y (alongside) B4 Golden Rot! (alongside) B3
      133 words
    • Article
      Bristol port cuts staff
      74 15 THE Port of Bristol is making headway with its plan to cut its labour force despite several setbacks Voluntary early retirement was offered in January to 238 white-collar nonregistered workers and other groups in a bid to cut costs. Now about 140 people are understood to
      74 words
    • Article
      Jack-up rig for Neddrill
      161 15 NEDDRILL, a subsidiary of the Nedlloyd group of the Netherlands, has ordered a new jack-up rig to be constructed by the CNIM Shipyard in France. The three-legged rig, of Dutch MSC design type CJ--46, has a cantilever construction and will be named Neddrill 3. It is
      161 words
    • Article
      Lock icon Grain ship detained
      140 15 AP THE US Coast Guard has detained a China-bound grain ship at the Port of Albany until the cause of a leak which is pouring 800 gallons of water a minute into the ship's holds can be pinpointed. Coast guard Lt Jonathan Glantz said the Panamanian-registered Caspian
      AP  -  140 words
    • Article
      Leading Indian dock company at India '81
      226 15 A LEADING Indian shipbuilding and repair company, Mazagon Dock Ltd, is now exhibiting at India '81, an Indian trade exhibition being held at the World Trade Centre in Singapore until Sunday. Mazagon Dock, with facilities to build merchant vessels up to 27,000 dwt,
      226 words
    • Article, Illustration
      Lock icon Ford's battle against deepsea cartels
      883 15 Motor giant, Ford candidly puts on record its changing stance to the deepsea shipping conferences, having quit the FEFC in favour of Taiwanese outsider Evergreen Line. Lloyd's List FORD Motor Company's deteriorating relationship with deepsea conferences is being watched with considerable interest by other major
      Lloyd's List  -  883 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1242 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      1,242 words
    • Article
      ORIENT EXCHANGE
      740 20 THE general outlook is steady. Trade is active at rates considered reasonable when economic pressures faced by shippers and owners are taken into account. The freight market is expected to further improve during April. A 54,000dwt is accepting U5513,500 daily for a trip from Japan to the continent
      740 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      422 13 sf* Europe Our Next Loader Port Kelang; iiil 7/4 Singapore: For further details, see page V w> R1) I\ I \\l A M Orient Overseas Line FULLY CONTAROBED SERVICE TO EUROPE (VIA SUEZ) FULLY CONT AVERRED SERVICE FULLY CONTAMERCED TO/FROM NORTH AMERICA NEST/EAST COASTS <STRAITS CARGO VIA FEEDER TO/FROM HONG
      422 words
    • Advertisement
      Page 13 Advertisements Column 2
      270 13 EISEALORDH UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES j FULLY CONTAINERISED SERVICE Iraq cargo acceptable intra mil 1 I Loading tof Dubai (3/5), Kuwait (5/5) Dammam (1/5) Abu Dhabi (12/5). Doha (14/5). Bahiain (16/5) Dubai (13/5) Kuwait (15/5) Dammam (18/5) Abu Dhabc (20/5), Doha (22/5). Bahrain (23/5) kssu
      270 words
    • Advertisement
      Page 13 Advertisements Column 3
      704 13 \<fi* Australia Our Next Loader Port Kelang: Singapore; 17/4 For further details, see page V MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA. ASIAN PORTS Fe«d«r Vhhl MAERSK i. i 1* m IV *i 3 T.rl Singapore (Longbeac ew York I Philadelphia 7/5 14/5 21/5
      704 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      1136 14 misc mm 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 fmto' •PKeUrw vessel Spore 1) Mseiiies 2) Rdam 3) H burg 4) Gburg B QWdIA 4 4 B PfRMAI 7 4
      1,136 words
    • Advertisement
      Page 14 Advertisements Column 2
      277 14 BIS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA St Mn SMGMOK Barber priam- a<* "TSir Ap. -barber taif" *> u barber memnon" v» 21 -barber toba- **11 mi wssns b»tm smgmom airs twmnai gooowh 47 TO: PANAMA US ATLANTIC EAST CANADA US GULF n smgarok cmMtai •Wa feeder/Mat
      277 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      1135 15 NOTICES NOTICE STRAITS/NAGA PATTINAM/MADRAS FREIGHT AGREEMENT Owing to o steep rise m bunker prices we ore reluctantly compelled to revise the bunker surcharge on the above sector effective 13th April 1981 os follows DRY CARGO US$27 50 PER FREIGHT TON HAZARDOUS CARGO US$55 00 PER FREIGHT TON AD VOLOKEM AND
      1,135 words
    • Advertisement
      Page 15 Advertisements Column 2
      308 15 fIB Franco Belgian Services Fin Fa*t Frc.ich service with Rt'qian tar Eastern I.ines) 0 ace consortium, c.m.c.r. FIHI COHTNKIt9V StRMCE 10 MEDITERRANEAN Spore P Kelan| Btona COt ROB 4 Apr n HAKATA MUD 14 Apt IS Apr nv NTPOFRCA IS Apr 20 *1* 3 Mat MDITEMMCI 25 Apr 27 Apr
      308 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      783 16 JC Hapag-Lloyd TO MEDITERRANEA Chenaker Oe Btors HaAata Maru TW Hft 28 3 JO 3 8 10 4 10 4 1? 4 TO NORTH EUROPE/MEMTEBRANEA/ EHu Rlckmerj S pore PK 54 7 4 29 4 1/5j 29 4 2/5 Fix Mam m ron Mam Eipress *10 1 214 Benattra 8
      783 words
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      Page 16 Advertisements Column 2
      707 16 KOREA LINI SHIPPING COKPN P Kelang PENANG S PORE VEGA 159W 16 20 April 21-24 Apr* 26 29 April FROM BU BANGKOK VEGA 160E 16-20 Apr! 21-24 April 26-29 Apri TO BUS* INCHON ALTAIR 163W 18-22 May 23-26 May 28 31 May FROM Bl BANGKOt ALTAIR 164E 18-22 May 23-26
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      Page 16 Advertisements Column 3
      594 16 r EVERGREEN LINE I FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS ETC. WEST GERMANY HOLLAND AMSTERDAM S port feddaH Hambwr Rotttrdam FtOistowr Ant»t»p If Hawt Eter Victory 104 30 M 2/15 4/05 7'05 1/05 Iter Larjt 17/04
      594 words
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      Page 16 Advertisements Column 4
      889 16 Burma Five Star Shipping Corpn. fHk "BURMESE NATIONAL LINE" LOADING FOR RANGOON Accepta| t4f t w h* in<l lapar Mi Spo>t PAelatu Penanj Pf 30 3 4 Apt HtonTM PP3O2 Ap> 8 SS C Agents m Malaysia BOUSTEAD SHIPPING TEL NOS KL *****2 481 309 Compsnia Argentina 0a Navaaaaon Intarcorrtinantal
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      Page 16 Advertisements Column 5
      502 16 r OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE ARLENE HOKO MARU WESTERN RIVER PAZ ESrREUA MAT PWNC£ GLORIA ACE AQUA PRINCESS CRYSTAL STAR OCEAN RESOURCES SUBIME OASIS SAINT CONIAMR BOO*INC OCEAN SHTPMC STOW lEI *****44 7 I*l4l S CONTAINER P KEIANG HI 6347 <973 4 Sl« AGENTS P
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      1020 17 .ran i i a. y PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HOOEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) VOY. •KOTA SAHABATI3W/4E KOTASAHABAT SW/6E KOTA SAHABAT 7W/8E SPORE 6-7/4 8-9/5 6-7/6 IST CALL COLOMBO 11-13/4 13-14/5 11-12/6 HOOEIDAH 20-20/4 20-20/5 18-18/6 JEDDAH 22-22/4 22-22/5 20-20/6 AQABA 24-24/4 24-24/5 22-22/6 2ND CALL
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      Page 17 Advertisements Column 2
      993 17 10 EUROPE Hemtoor Bn Citf M Oiafta Bit Elbe Miru Btnatton Honfftonj fi|>ns Hifnbj( fipress Peninj Europe BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO FROM EUROPE M BURG fe Hi.fN -\Mh HLM SOt'JN Si> 'f P n Au iAr'*»*p frail A' UR 55 25 4 45 JO I 3(1 11/5
      993 words
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      Page 17 Advertisements Column 3
      1023 17 WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN 1 MseMes2)Rdam 3 iH tturi 4 C tk>r£ 8 OAHIIA I 6 PfNAG* 10 4 B D*t«M II 4 b PtN*GA 24 4 B [)*Hti* I 5 fi PFN*G* 8 5 Feede' Feeder I footnote I f PJFIM*. I 4 WD «lfl+ 1« NwON
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      Page 17 Advertisements Column 4
      612 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION SOUTH AFRICA A VESSEL Spore Mo> for Reunion, Obn, Clown FORUK/CONT T v IVYBANK Spore 5/7 Apr Pnt 8/9 Apr for Hul, Rott, Hmbg. Lines U.S. WEST COAST SERVICE Orect from SFO Lbcti SPO« LESIK LYKES SM Sid 16/4 ASHLEY LYKES 19/4 16/4
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      Page 18 Advertisements Column 1
      996 18 v Mi K LINE KAWASAKI KIStN KAISHA. I ll) EXPRESS CONTAINER SERVICES TO NORTH AMERICA (aiker tetdm »esseh aho a«a4aMe on request Cvton aho acceptable tor Oakland Vincou»e> Portland Houston Galveston Hex Orleans Boston SI kxw PWa<JeW»a Nartoh Baltmore Savannah lacksonvie TO EUROPE S BQit f IWanii I Havre R
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      Page 18 Advertisements Column 2
      693 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE loading lot 10S UNGUES SAN fRANCISCO SEATUE TACOMA YANCOUWP B C Acceptng ECE/fCI Corrtaowrs P k«ang Singapore I Angeles MSm MUM' Apr s*pi AUSTRALIA EXPRESS CONTAINER SERVICE Accepting (CI fCI Container* NEW ZEALAND SERVICE <*ft« DUPCDM LTTTtIfOH miIMGTON AUCRIAW Aceephnj FCI FCI Co*»neri
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      Page 18 Advertisements Column 3
      613 18 S S Ac;roup SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 1 14 LINES) TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A/B CARSHIP CABLE CARGOSHIP rranii ltc<|i»ual Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK m 'ml:\ SISGAPORE ISLANDS UNE MIDDLE
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      Page 18 Advertisements Column 4
      564 18 KORINS MARITIME SERVICES Room 601. ICB Building, Shenton Way, Singapore Tel *****22 A *****67" P Kelang Tel *****4/*****5 IMER SERVICE FROM KOREA TAIWAN HONG KONG TO SINGAPORE Inchon Bus in Keelung HKong Spot* M EUN 2 Apr 10 Apr \Q\Hyundae Shipping Co. Lid. ASIA MERCHANT MARINE iH9 GOLDEN LINE COAN
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      Page 18 Advertisements Column 5
      723 18 INTROSEA (PTE) LTD. Faber House. 234E Orchard Rom 9 Telephone *****11/*****57 REGULAR IBCPfIttNT S£R¥lC£ TO EUROPE S pore P Krta«t Pwunt Loadnf for ARION *8104 10 Apr I Apr BOULOGNE R OAM UK I AVON) NOR ASIA WBIO9 J Ma» 7 Mi, -doNORASIA WBllO 2km 6lw -doAftrrt* Smtapore MTV ASA
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      Page 19 Advertisements Column 1
      586 19 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE mtmOef ot Ihe ACE I TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia MERCATOR S pore Closing Times FCL Cargo 0100 2/4 LCL Cargo 1300 1/4 FROM EUROPE (VIA SUEZ): USA CONTAINER SERVICE TO WEST COAST (USA)/CANADA Also accepting LCI cargo to Oakland Long
      586 words
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      Page 19 Advertisements Column 2
      367 19 MALDIVE LINES "A ETA ETA SPORE KUANTAM PORT KELANG MALMVE NOBLE 4/4 Loading For febor Ah MALDIVE PIONEER 15/4 Loading tor ieddah MAIWVE NOVEL 20/4 Loading tor Kuwait MALDIVE PRIZE 2/4 Loading For Bahrein/ Dammam/Kuwait/Dubai MALDIVE MPORTER 11/4 Loading For Male MALDIVE NEIGHBOUR 15/4 Loading For Dubai/Kuwait MALDIVE UNITY In
      367 words
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      Page 19 Advertisements Column 3
      342 19 SINSOV SINGAPORE SOVET SHAPING CO PRIVATE LTD SMSOV BULOMG 55. Market Street Sincapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGATORE Telei Numbers RS ***** RS ***** RS 251 M P KQJMC M/S SHARK AT RAM SOON SON. M IST AND 2HD FLOOR. NO 1. JAIAN CEMPENNG PORT
      342 words
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      Page 20 Advertisements Column 1
      689 20 Bangladesh Shipping Agency Pte Ltd A|«>ts of Bangladesh Shipping Corporation Spore BANGIAR TARAM 10/11 Apr "A VESSEL'" 1/2 May P Keiartg Penang Loading tor Chittagong Chittagong for Bookings please contact Bangladesh Shipping Agancy Pta Ltd Corporation K.L.: *****6/Penang: ***** «*3Tr\ HSING WEN SHIPPING (PTE) LTD Suite 349, Bth floor, World
      689 words
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      Page 20 Advertisements Column 2
      562 20 THE NEW STRAITS SHIPPING CO (PTE) LTD CHITTAGONG/CAICUTTA SERVICE ETA S'port P(nm( Laadtog tor: M.V. PttWOOO 2/5 *Pf 31/1 Apr Chittagongy Calcutta UK. HSfAA h Pt/PPH3O3 Chittagong BANGKOK SERVICE ILV. ASEAN ROSE 30/3 Apr to** M.V. ANDROKDA 12 Apr Bangkok 15L sth Floor. Realty Centre. Enggor Street. Singapore 0207, Tel
      562 words
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      Page 20 Advertisements Column 3
      332 20 WOOD LINE Timber and Plywood Service Bulk LOADING FOR NANTES/RDAM/UK Vessel GRAND GLOBE Wfl 003 Wl 004 SILVER PINE WL 005 Spore PKelang T. Ayer 2S/4 IS/4 23/4 15/5 24/5 19/5 General Agents:Wood Line (S) Pte. Ltd. Tel. *****11/*****93/*****42 K. Lumpur: SEGANI SDN. BHD. Tel. *****1/*****9/*****4 P. Kelong: *****3/*****8 SAUDI
      332 words
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      Page 20 Advertisements Column 4
      331 20 KAWASAKI KINKAI KISEN KAISHA, LTD. Vessel NORD BAT ¥5 MMO STM V 3 Fully Containerised Service Tokyo Robe S pore PReUr< Penary S pore Tokyo Kobe 9/4 10/4 21/4 23/4 24/4 2C/4 J/5 10/5 27/4 21/4 10/5 12/5 13/5 15/5 21/5 29/5 *****4/*****5 Marim t CracMrtKL ***** PJMa« (701 Hm
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      Page 20 Advertisements Column 5
      431 20 OCEAN LINES REGULAR NO* CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE (Afcc Kcept>m cj'go tor R.ieu Bourj* Constawi subject to mdwraoin S po'f 9 Knang Pening loadwv lor OCEAN ACE *13*® 21 Apr Pert S*d AJeiamta Larussal Praeus/Bevut/Lattaiua/ OWNED VESSELS RRSB SAGASIA PTE LTD. Hit J1 (LOUIS ORCVFUS GROUP Of COMPANIES) IMASHI
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      169 20 03 i r A Regional Weather 4 Wi a K 'A SZ4 a 4» H it 'i 51 r (m 9 t a M 3fl ss m m SL m ILS S r>« i> c /A o Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS
      169 words