The Business Times, 8 April 1981
1981-04-08
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The Business Times
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Title Section11 1981-04-08 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, APRIL 8, 1981 60 CENTS11 words
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BRIEFLY...
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Article71 1981-04-08 1 AFP KUALA LUMPUR, Tues. Malaysians hold MJ531.9 million or 89.1 per cent of the equity in 21 banks established in Malaysia, Finance Minister Tengku Razaleigh Hamzah told Parliament today. Of this, bumiputras and bumiputra institutions hold $411.5 million or 77.4 per cent while the balance is held byAFP - 71 words
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Article57 1981-04-08 1 AP TEL AVIV, Tues. Israel has no plans for an imminent military intervention in the latest outbreak of fighting in Lebanon, Israeli newspapers reported today. One commentator said pressure for Israeli intervention subsided after US Secretary of State Alexander Haig made it clear to Israeli leadersAP - 57 words
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Article60 1981-04-08 1 Reuter KUWAIT, Tues. Kuwait has denied stopping three Western oil companies, with whom it is negotiating for a premium over its official oil price, from loading oil. A senior Kuwaiti Oil Ministry official, who asked not to be quoted by name, said: "Reports from London that we haveReuter - 60 words
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Article56 1981-04-08 1 AFP BANGKOK, Tues. Thai Premier Prem Tinsulanonda today chaired the first regular cabinet meeting after last week's abortive coup. Government officials said all members of the 41-strong cabinet attended the three-hour session, four days after a 56-hour coup attempt, spearheaded by the then deputy army chiefAFP - 56 words
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Article81 1981-04-08 1 Reuter TOKYO, Tues. The committee on industrial plant exports, an official advisory body, will soon propose a series of export promotion measures, including expanding the areas of projects for which Japan supplies soft loans to help developing countries. The committee last year proposed the supply of mixed loans,Reuter - 81 words
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Article53 1981-04-08 1 UPI MANILA, Tues. Partial returns in today's plebiscite showed Filipinos' overwhelming approval of constitutional changes granting President Marcos authoritarian powers. Partial unofficial returns indicated that the affirmative votes were polling 85 per cent of the ballots. As of 7pm, the "Yes" votes numbered 26,424, "No" votes 4,762UPI - 53 words
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Article51 1981-04-08 1 UPI BEIJING, Tues. China issued its strongest warning against Soviet intervention in Poland today and made a top-level appeal for greater anti-Soviet cooperation. Premier Zhao Ziyang told a visiting Japanese delegation that there was a "grave danger" of Soviet intervention and called for a "joint effort" against Moscow.UPI - 51 words
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Chief Price Changes
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Article135 1981-04-08 1 Rises Hong L*ob< Ind Metro Bldfi U I C H Lmi( Credit Bouateadco Y H S Sentoaa M T C Tone Mea| Sla Urn I aland A Pea Malakoff C Properties 1330 1110 1400 835 525 430 350 625 262 302 920 780 580 290 70 40 35 31135 words
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Article, Illustration146 1981-04-08 1 Rises Bousted 960 +60 Raleigh 280 28 KL Ind 596 26 DBS 850 25 NST 940 25 Tong Meng 282 22 P Carbide 380 22 JP Coats 265 21 Sentosa 370 20 Falls A Hitam 510 -40 S Tradings 1510 -40 A Amal 1270 -30 D Kramat 1600146 words
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Article635 1981-04-08 1 ALVIN TAY - INSTITUTE STUDIES PROPOSAL By ALVIN TAY A BANKING apprenticeship scheme, proposed by some Swiss and German bankers in Singapore, is under serious study by the Institute of Banking and Finance (IBF). Under the scheme, all new entrants to the banking sector will have to undergo635 words
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Article289 1981-04-08 1 TRADERS expect a recovery in rubber prices only at the end of this year as the commodity took a sharp 10 cents fall yesterday, with April closing at a low of 232 cents per kilo. They attribute their pessimism to the current lack of physical289 words
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Article378 1981-04-08 1 CATHERINE ONG - By CATHERINE ONG THE Development Bank of Singapore's Tokyo branch stands to lose up to $10 million (US$4.B million) it lent to two Japanese groups currently in financial difficulties. A DBS spokesman yesterday confirmed it is one of several foreign banks trying to recover378 words
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Article369 1981-04-08 1 A SINGAPORE industrialist has entered into a joint venture with the Chinese government to make textile and garment products for both the domestic and foreign markets. Jimei Textile Factory, a venture involving local industrialist Tan Keong Choon of Tropical Produce and the Chinese government, will become369 words
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288 1981-04-08 1 OVERSEAS Union Enterprise (OLE), owner of the preotlgletts I,!M-r»»m Mtiitrla Hotel In Orchard RMd, ku reported Its best-ever group pretax profits of $11.2 million for the year ended Dec SI, IMC. The remit represents a M per eeat growth ever ISTTa $19.78 million,288 words
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469 1981-04-08 1 KOH TSE YING - By KOH TSE YING PROPERTIES of the United Overseas Bank group are now worth about four times their net book value in the accounts. An independent valuation of all of the group's properties last month shows that their open market value now stands469 words
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Page 1 Advertisements
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Advertisement44 1981-04-08 1 Looking for heavy-duty stainless steel? Producer ot stainless steel 'Stainless steel plate and wide strip 'Special grade stainless steel 'Titanium grades 'Stainless steel pipes It fittings Far imtormmtion otil A. Johnson &Co (SEA) Pte Ltd 1507 15th Floor Robilu House Singapore 0106 Tfl .Z2J171144 words
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Advertisement5 1981-04-08 1 BTW© Phone: 46X7230 4M3X24 *****75 words
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Advertisement75 1981-04-08 1 ~@_*]>(/_;-"%?'(-:).(_&~{{/+'$$ SHIPPING TIMES TOYOTA lists conditions (or voluntary export cnrbs I JAPAN'S share of world exports rises sharply 3 JAPANESE seek US air concessions WHERE Reagan shouid draw the protectionism line 7 INSTITUTE of Banking and Finance to revise courses I MALAYSIAN expects strain in economy CROSSWORD C, TV AND75 words
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Advertisement298 1981-04-08 1 GOOD READING MATTERS dlillHN Bookshops (win* ft lrimr~ t JutMlftrtr* •WC'AIiS'S M *<*mc *sm:'+ ?J T 27» V*m S -WD-1012} •C4.*»o*oCt* T *t •0»h»a «<yj|» ;w ;«ui<a *>m» m»3* ixnma Is Oil blowing ICAP apart? ABQ 4th Quarter 1980 ICAP does not appear to be working out very well When298 words
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REGIONAL
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Article237 1981-04-08 2 Reuter PRIME Minister Indira Gandhi, deploring increasingly violent agitations across India, has called for a national movement to strengthen the country's unity. Mrs Gandhi, who was inaugurating a twoday teachers' seminar on national integration in New Delhi yesterday, said such a movement had become necessary becauseReuter - 237 words
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Article658 1981-04-08 2 ARRIVALS Service Local Operator Number Time From SIA SQ103 1045 KUL GIA GA908 1045 MES MAS MH605 1045 KUL PAL PR501 1055 MNL UB UB231 1115 RGN MAS MH682 1115 KCH SIA SQ240 1125 MES SIA SQ203 1230 HLP MAS MH651 1245 KUL GIA GA944 1245 PKU658 words
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612 1981-04-08 2 NYT THE Toyota Motor Company of Japan wants the United States and Detroit to decide on specific ways to rejuvenate the American car industry before asking the Japanese car makers to take any steps to help. Mr Shigenobu Yamamoto, executive vice president of Toyota,NYT - 612 words
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191 1981-04-08 2 UPI MILLIONS of Filipinos crowded schools and town halls yesterday to vote on proposed constitutional changes which opposition leaders fear will perpetuate President Ferdinand Marcos' "dictatorship." Voting in fine sunny weather was generally peaceful with the armed forces on full alert toUPI - 191 words
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Article586 1981-04-08 2 UPI Reuter MILTON Friedman, a noted American economist, said the Australian economy is one of the most protectionist in the world and condemns Australians to a lower standard of life than warranted. He said Australia is riddled with restrictive controls, citing the Arbitration Commission onUPI; Reuter - 586 words
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242 1981-04-08 2 Reuter DEMITSU Kosan Kaisha of Japan is continuing negotiations with Kuwait on a newannual crude oil import deal from this month despite demands for a premium of US$3 a barrel. However, oil shipments for Idemitsu and another Japanese company, Daikyo Oil. have beenReuter - 242 words
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Article104 1981-04-08 2 Reuter FORMER Japanese Prime Minister Takeo Fukuda has called on present Premier Zenko Suzuki to take a more positive attitude towards building up Japan's defence forces, government sources said yesterday. Mr Fukuda, who visited the United States recently, also urged Mr Suzuki to settle as earlyReuter - 104 words
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429 1981-04-08 2 AP CHINA'S peasants can now double the size of their private plots and some family members will be excused from collective farming to work for themselves. The new policy was announced in a circular by the Chinese Communist Party Central CommitteeAP - 429 words
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WORLD IN BRIEF
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Article461 1981-04-08 2 Agencies THE HONGKONG government yesterday approved an Australian consortium's bid for Rediffusion Television of Hongkong (RTV), one of the British colony's two television networks. The consortium, comprising David Syme and Company, Henry Jones (IXL) Limited and CRA Limited, announced the bid for 61.2 per centAgencies - 461 words
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Page 2 Advertisements
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Advertisement146 1981-04-08 2 i >.S r r V V Y y'- W ik •> cr J' Wm: :W:.,JR. <- r .1 V K '<-- r r* v* Wfe'ie right where the action is. If you're looking for speciality chemical products, marine flooring, hoses, dock fenders, belting and general rubber goods, there's really just146 words
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Advertisement50 1981-04-08 2 Word Processing Systems The Office of Tomorrow-Today Program packages... Financial Ssarch and Replace Line Drawing Glossary Proportional Printing ESP Extract. Sort and Perform And more Design engineered tor versatility and future growth! OCR Optical Character Reader Instant Communications World Wide* EQUATRON 995. Bukit Timah Road Singapore 2158 Tel *****3 r50 words
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OVERSEAS
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175 1981-04-08 3 Reuter LEADERS of West Germany's coalition government on Monday discussed ways to promote investment and growth but ruled out any major spending programme to stimulate the flagging economy. Chief government spokesman Kurt Becker said the government was firmly resisting appeals for a multibillion markReuter - 175 words
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159 1981-04-08 3 Reuter CONGRESSIONAL Democrats have proposed an alternative to President Reagan's economic programme, calling for smaller tax cuts but bigger reductions in government spending. The chairman of the House of Representatives budget committee, Mr James Jones, said that the plan would cut by half MrReuter - 159 words
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174 1981-04-08 3 NYT US SECRETARY of State Alexander Haig has condemned Syria for its brutal attacks on the Lebanese Christian stronghold of Zahle. He said Syria's actions were unacceptable "by any measure of appropriate international standards". After several days of on-the-scene efforts to produce a lastingNYT - 174 words
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286 1981-04-08 3 Reuter THE Rftgu Administration has proposed relaxing or eliminating 35 air pollution and safety standards as part of a five-year plan to revive America's troubled ear industry. The White House estimated that the regulatory reform package would save l!S car producers l'Ssl.4 billionReuter - 286 words
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549 1981-04-08 3 AP JAPAN'S share of world exports of manufactures increased strongly in the third quarter of 1980. The Swedish and British positions also improved. But West Germany and Belgium sustained share losses, the US Department of Commerce said. The value of Japanese exportsAP - 549 words
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585 1981-04-08 3 Washington Star THE UNITED STATES and its European allies have worked out in great detail political and economic steps that they will take against the Soviet Union if it invades Poland, according to Administration officials. But officials are reluctant to talk aboutWashington Star - 585 words
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460 1981-04-08 3 UPI NIGERIA says it will use its "oil weapon"' only as a last resort, but there are still fears America's second biggest foreign oil supplier might use it if President Reagan tilts too far toward South Africa. Even with US imports reducedUPI - 460 words
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WORLD IN BRIEF
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Article454 1981-04-08 3 Agencies PRESIDENT Reagan, who is in hospital recuperating from a bullet wound, could be back in the White House late this week. Doctors treating Mr Reagan. shot in an assassination attempt a week ago, said his injured lung is healing although he continues to run aAgencies - 454 words
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Page 3 Advertisements
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Advertisement215 1981-04-08 3 Leader page I to conceive total communications, Vision vision to plan for the total communications requirements of Kuala Lumpur's new business centre. The vision to provide the infrastructure which is the life-blood of commerce, its communication network. DAYABUMI... the largest single development in Malaysia. Undertaken by the Urban Development Authority215 words
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RAW MATERIALS
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433 1981-04-08 4 A GIANT joint venture company involving two Malaysian refineries and the Henkel Group of Germany is being set up to produce fatty acids and other palm oil products. The multi-million-dollar company, called Henkel Oleochemicals (Malaysia) Sdn Bhd, will be set up near Port Klang in433 words
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Article154 1981-04-08 4 WHEAT futures in Chicago on Monday closed around the middle of an 8 x /t cent range, up 1'« to 4' 2 cents a bushel in mostly local trade. Late local profit-taking dropped values off day's highs, sources said. However, prices held on the plus side all day as154 words
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Article211 1981-04-08 4 Singapore rubber prices yesterday closed sharply lower with April One RSS buyers quoted at 232.00 cents per kilo, down 9.50 cents from Monday's close. Morning prices were marked down about 7.50 cents on reserve of buyers, stale bull liquidation and speculative selling. Afternoon prices fell further on continued stoploss211 words
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Article398 1981-04-08 4 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S prompt f o b 232 50 233.50N 229 00 230 OON Int. 1 R.S.S. April 235 50 236 50 232 00 233 00 Int. 1 R.S.S. May 241398 words
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Article123 1981-04-08 4 NOON SSR ai id SMR price# yesterday RAS April May (Current Mth) (Forward Mth) Buyere Sailer* Buyere Sailer* SSR 20 (l ion pallet) 222.50 *****N 224.50 226.50N SSR SO (1 ton pallet) 219-SO 221.SON 221 SO 223 SON MRU H May Jaae SMR CV (1 to. pellet123 words
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Article85 1981-04-08 4 THE STRAITS tin price in Penang yesterday (ell 29 cents to M 531.91 a kilo, still within the International Tin Agreement's middle range price of $39.91 to $32.14, dealers said. The fall was mainly attributed to sterling's weakness against the Malaysian dollar and reduced buying from Europe and85 words
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Article33 1981-04-08 4 Rubber: April 7 Singapore: April: 232.00 cents (down 9.50 cents) Malaysia: May: 258.50 cents (down 8.50 cents) Tin: M$31.01 per kilo (down 29 cents) Official offering: 154.995 tonnes (down 32.040 tonnes)33 words
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Article117 1981-04-08 4 SOYBEAN futures in Chicago on Monday finished with pared gains, up 2Vt to 7Mr cents a bushel, in hectic trade. Values remained on the plus side following less than anticipated rains in major US bean crop areas over the weekend. Soybean product futures closed mixed in oil and firm117 words
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Article189 1981-04-08 4 CHINESE Produce Exchange, Singapore, noon closing prices per 1M kg yesterday. Cocoaat oil: Bulk fob $115 00 sellers, old drum (in second hand drum) fob $128.00 sellers, new drum fob $134 00 sellers Copra: Mixed (loose) $62 00 buyers. Pepper: Muntok white pepper fob Asia NLW $415.00 sellers.189 words
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Article198 1981-04-08 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottoa yarm: China Blue Phoenix 20s 2,296 32s 2,840. 40s 3,060 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly198 words
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Article312 1981-04-08 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.06. 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, Special312 words
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Article843 1981-04-08 4 COFFEE: Robusta futures yesterday ended a quiet morning £7 to £9 a tonne lower, reflecting New York's weaker close on Monday night, in an otherwise featureless market. Switch trading accounted for most transactions in near months, they noted. There was no news of physical business. Turnover was 470843 words
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Article139 1981-04-08 4 IN THE Kuala Lumpur market yesterday, valus continued mixed in fairly active trading, dealers said. f In April, the central region eased MJ7.50 tp $952.50 a tonne. In May, central and souther* regions gained $10 each to $925 while the norther# region was unchanged at $934. In June,139 words
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ASIAN STOCKS
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Article583 1981-04-08 4 TOKYO THE market average on the Tokyo Stock Exchange yesterday gained 10.62 to close at a new high 7,458.36, renewing the record for the sixth time in eight days, dealers said. Trading was active, with volume 780 million shares. The Tokyo Stock Exchange index gained 1.57 to close583 words
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Article384 1981-04-08 4 STOCKS yesterday closed lower in very quiet trading with the Hang Seng index losing 28.98 points to 1,380.06, dealers said. Sentiment was bearish on lower prices for local stocks in London and sharp falls on Wall Street on Monday, while tension over Poland contnues to push more funds towards384 words
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Article335 1981-04-08 4 THE Rundle oil shale partners continued to be hit after the report on Monday of higher cost estimates and technical and geological problems at their project, dealers said. Prices eased across the board in moderate trading as overseas buying ended and local traders took profits, particularly in the oil335 words
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Article14 1981-04-08 4 THE market's prices and report were unavailable yesterday due to a technical error.14 words
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118 1981-04-08 4 Reuter MITSUBISHI Petrochemical Co Ltd has signed a letter of intent to form a joint venture to sell and manufacture cresylic acids in the Far East with Conoco Chemicals Co. Conoco Chemicals said the joint venture will be formed by the third quarter. TheReuter - 118 words
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Article54 1981-04-08 4 FINANCIAL TIMES INDUSTRIALS Monday 533.5 Friday 539 6 Week Ago 518.8 DOW JONES AVERAGE INDUSTRIALS Monday ***** Friday 1007 11 Week Ago 992 18 H.K.HANG SENG Tuesday 1380.08 Monday closed Week Ago 1368 85 AUSTRALIAN INDUSTRIALS Tuesday 731.3 Monday 737.3 Week Ago 728.5 ALL ORDINARIES Tuesday 742.3 Monday54 words
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Page 4 Advertisements
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Advertisement101 1981-04-08 4 t :<?"••>>*■■ < -> w •> r .v--*5 Two names dedicated to the Art of Time. Watches of Switzerland House of the finest collection of Swiss timepieces dedicated in their service to bring to you the most exquisite creations of time. Makers of the first Swiss wrist-watch, dedicated in their101 words
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Advertisement32 1981-04-08 4 AUTHORS WANTED BY N.Y. PUBLISHER LM'M Wtatft MM MlMi MM, K'ifU •< M Ngn hct«* *m awtn Kmw m «k «r> Mtftn eikew SMltl* MHR 7 SJ su« 34i» $i r ***** us*32 words
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TRADE AND INDUSTRY
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Article262 1981-04-08 5 THE Singapore subsidiary of one of the largest manufacturers of capacitors in the world is embarking on a $5.5 million expansion to increase its production and to produce the larger-sized capacitors. Nichicon (Singapore), a subsidiary of Nichicon Capacitor of Kyoto, Japan, is embarking on the expansion Just262 words
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Article59 1981-04-08 5 A LOCAL company, Franki Piling, has tendered for piling work at the $700 million Marina Centre. Its Hongkong company, however, did not tender for the job. Franki Singapore is currently working on several projects in Singapore including the extension for Hotel Malaysia, the monorail system in59 words
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150 1981-04-08 5 INDIA '81. an exhibition of Indian household, industrial and technological products, ended satisfactorily last Sunday. The 10-day exhibition attracted 3,000 businessmen from Singapore, Malaysia, Sri Lanka and Japan and 1,000 members of the public. A few exhibitors have begun negotiations with local industrialists interested in150 words
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Article, Illustration242 1981-04-08 5 GOLDHILL Development will lease out all shops and offices in its office-cum-shopping building Goldhill Plaza instead of selling them as it has done with its previous developments. The shopping portion of the building consisting of a four-storey podium will be ready by the end242 words
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Article140 1981-04-08 5 SINGAPORE'S labour movement will challenge senior management on April 19, this time for a good cause. Mr Devan Nair, president of the National Trades Union Congress, will take part in Charity Walk '81. He will walk five kilometres with senior company executives, MPs and VIPs to raise140 words
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Article412 1981-04-08 5 SEMINARS AND COURSES 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, National412 words
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Article, Illustration214 1981-04-08 5 THE Singapore Chapter of the America* lastttate if ladastrlal Eigtaeen has elected Dr N Varaprasad as president for 1961/82. Other officials elected at its third annual general meeting on March 28 are Mr Liew Mee Sen (vice president), Mr Tim Lim (secretary), Mr Teng Beng Long, (treasurer),214 words
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Article130 1981-04-08 5 YOURDON, an American computer software company, is currently conducting a five-day seminar on strategies for software development at Hilton hotel. The seminar, which began on Monday, is led by Tom de Marco and Tom Lister, representatives of Yourdon, which specialises in structured techniques in software development. Participants at130 words
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Article61 1981-04-08 5 THE Minister for Industrial Development and Commerce of Western Australia, Barry Mackinnon, arrived in Singapore yesterday for a three-day unofficial visit. Besides attending the Australian Accountant's Conference. Mr Mackinnon will have talks with the Minister for Trade and Communications. Goh Chok Tong and the Director-General of the Department61 words
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Article601 1981-04-08 5 RICHARD SEAH - By RICHARD SEAH COLD Storage has invested about $6 million in a new bakery which promises to be the largest in Singapore. The new, automated bakery will initially produce about 4,000 loaves per hour when it begins production in July. But it will have601 words
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Page 5 Advertisements
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Advertisement66 1981-04-08 5 Available at: The Administration Office Department of Trade Suite 201 World Trade Centre Telok Blangah Road Singapore 0409 Asia's #1 r News Magazine. #1 in circulation #1 in ad revenue #1 in coverage of executives TIME The worldwide media system 11 p 1 **<r >* Kir V j i K66 words
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Advertisement44 1981-04-08 5 B A 1 r hp PSSi r»> *> C S* \o ''a-,-"1 \x* V; 52 I I£VX '.1111 L I I V i 5- For reservation*, please call Esther V ■t *****03 or *****44 ext 1330. where Hfe is wonderful mcs Wk m 4 m44 words
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Article412 1981-04-08 6 IT MUST SURELY come as a relief to advocates of free trade that the Reagan Administration has not included protectionist measures in its latest package to revive the trouble-stricken US car industry. The good news must certainly mean more to the Japanese car makers who have been412 words
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Article247 1981-04-08 6 THE INSTITUTE of Banking and Finance should be commended for its role in meeting the training needs of the banking and finance sector. After revamping its courses last year to make them more practical, it is now seriously considering an apprenticeship scheme for bank clerks.247 words
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Article, Illustration770 1981-04-08 6 IKUO ANAI - The situation is reversed. The Japanese are seeking concessions and the Americans are holding the trump card. The issue which IKUO ANAI is discussing is Japan's bilateral aviation treaty with the United States. Japan Air Lines (JAL) is seeking rights to fly passenger routes beyondReuter - 770 words
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717 1981-04-08 6 MIKE THARP - South Kor*»'« Wti South Kor..<n ctm ?r y beginning to hyP*** e rr.r.«. m condition»- B MIKE THARP BEGINNING in the early *****, foreign buyers and manufacturers flocked to South Korean shoe factories, attracted mainly by the low wholesale cost of footwear and717 words
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Page 6 Miscellaneous
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Miscellaneous661 1981-04-08 6 I -IH-OIE CROSSWORD I CRYPTIC PUZZLE ACROSS 3 Might it shed light on theatrical history? (5) 8 Rod the angler may seek (5) 10 To Ann, he seems upset (5) 11 Surgeon in grave trouble (3) 12 Pa turns to art to get away from things (5) 13 Noises porters661 words
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Miscellaneous60 1981-04-08 6 is THRT mp COLE. ,THC RPprys) Room LPSVJN/EC y CI Sf^KiMG I'D ukjiE-Some Fovice. I KtCOJTL^S€J4TOFF P\ OnPvNUSCRIPT To HErP TROITVOCO (Rjßusnees \OF FiNe WORKS y now thgv t €oj_ me rr tops DesTßoyeo «M P>M oFFce cfvj i J VCuPvvm? Vou suße*^ sose i'ro SURC we w« PReceDeNT THe60 words
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Miscellaneous752 1981-04-08 6 TV& Thou shall not kill IF TOU eeastaatfy keep intek m SBC te put Jadgelatndim, thee yea dkmM stay kerne tealght fer Ikw SkaJJ Not Kill. The aeriee highlight iMphalca ta the law aad acme tlee Ills perpetrated by a prteee aetA yeaag mprtaa alt la wraagfally charged with marder752 words
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Article, Illustration1066 1981-04-08 7 PAUL CHEESERIGHT - REAGAN HAS TO DECIDE President Reagan was elected on a strong platform of free trade and less regulation of industry, reports PAUL CHEESERIGHT. He didn't disappoint by proposing on Monday either to relax or eliminate 35 air quality and safety standards as part of a five-yearFT - 1,066 words
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Article1328 1981-04-08 7 KENNETH NOBLE - Last year's recession and current high interest rates are making it more and more difficult for US businesses to break even. Some worry that the dramatic business failure rate may throw the whole financial market into a sort of tailspin. The more optimistic, however, caution that the rate,NYT - 1,328 words
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Article671 1981-04-08 7 Russell Baker - FORUM ...with Russell Baker NYT THERE was an advertisement in the paper: "Apartment for sale: U*****,000". This was Manhattan. In Manhattan people actually buy apartments. Not many buy them for $250,000. The going price for apartments this spring is $340,000. A $250,000 apartment isNYT - 671 words
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Page 7 Advertisements
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Advertisement373 1981-04-08 7 AN INVESTMENT MASTERPIECE IN CANADA. TORONTO 8% nett guaranteed for 5 years. 016 OBOiiSKI The Obelisk i oners overseas investors an excellent opportunity to own a condominium totally trouble free tn the district of Mtssissauga 20 minutes from downtown Toronto Canada s financial centre Mississauga >s experiencing a phenomenal growth373 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article270 1981-04-08 8 APR 08 Frs CORBEILLE Alr-Llqulde 454 50 -13 B S N Gervals Danone 1025 5 CSF 1 ThomsonCsf) 352 -7 Cte FTancalae des Petroles 213 80 -1-1 Compagnie Financier* Compagnie Oenerale 386 -3 Credit Fonder De France 398 unch Hachette (LJbralrle) 315 -4 Machine* Bull 55.20 -0J Mlchelin (B)270 words
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Article212 1981-04-08 8 APR CM Dm Aeg-Telefunken S2 50B Ak*o ao so -0J All* LtUn 1075.00 •j A1U Ver* 4T7 00 9 BASF 134.20 -08 Bay H T Wfcank JOO SO -lA Bay Vbank 287 30 Bayer 121 JO -0.7 BBC Myip 0j BMW ***** 2.4 CUKU* ***** .4 Chem Verw Ml212 words
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Article87 1981-04-08 8 APR Of rr» FORWARD MARKET ACtC Arbcd Attur Brtictn Bra-Lamb Cinpni 1 Coe* D» Becrt an UM a* 1030 10«0 1560 164 3*2 -11 -12 •10 1 2 EleclroC*! Ot>-Inno-Bm 0«T Hobo* PeUo Rjrt Dutch Sldro Soc Ocn Be If Sofin* 8oJr*jr A Tanks V liln V Mont WTO87 words
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Article145 1981-04-08 8 APR 08 Fls ***** -1 Ahokl Akio AMEV *10 23.00 MOO ***** -12 -04 04 -04 Amrotmk M 00 -0.1 Bergoas Berk Full BorsumU Burhmann Caland Calve Delft Dell Mlj Ennla Fokker 56 00 3350 II 75-80 143.50 41 TO -0.1 +1 04 unch -0.7 Ford Oimmi Olstbroc Gobaln145 words
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Article182 1981-04-08 8 APR 0* rranca Actions Suiaaea Alusulaae Br. Alusulaae Rm Brown Boverl Br Ct6a Oelfj Br Cite Oelfy PC Cite Ocio Rcf Cradlt Suisse Br Credit Sulaac R*t Elektrowau Br Oeorfe Fischer Br Olobua Pc Hero Br Hoffman La Roche 1/10 Holderbank Br lnwrfood Br J elm oil Br Motor-Columbus182 words
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Article86 1981-04-08 8 APR 0» Urc Anlc 900 35 Amoc On *****0 111 065 -25 r.ntr»J» tPQP •So Flat 2378 -72 Flniidcr m -3 Ocn Immob wn -13 in Pn 7251 -301 It&Jetmenu -1295 ILalfu 1138 -I Italild*r 300 uncfi M«cn»u M Pf ion -32 Marelll Ere M -12JH Med lob *****086 words
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Article220 1981-04-08 8 APR Ot CS Abtubl Alcan Algoma Bank Mont Bank Nova Scotia Bell Tel Beth Corp BP Can Ud Braacan Camp Red Lake Can Imp Bk Can par Can par lnv Pf Carting OXeefe Comtnco Com Bain Con* Marbenor Dankoe Denlson Dom Stores Dom Tar 37* Mi <1 30* 30*220 words
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Article1339 1981-04-08 8 A GLOOMY assessment of the outlook for interest rates and continuing tensions in Poland pushed New York stock market prices on Monday sharply lower in moderate trading. Analysts said a federal reserve report late Friday on fed decisions made in February led investors to conclude the1,339 words
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Page 8 Advertisements
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Advertisement177 1981-04-08 8 Where to wine,dine and entertain 1 he American Express Card. Don't leave home without it. I 1 r Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. if Restaurant Lounge 10.30 a.m. tolO.OOp.m. Wk DOLPHIN CAFETERIA Ist. Floor, World Trade Centre. Tel: *****11/2 a/ §ch\tfarzti?alder 3-14 April a Blackforest177 words
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Advertisement178 1981-04-08 8 m i Ti WS fin B r\ I ri I,l '■•"W •.>••• pa v aSN» For banquets. For conuentions. For other functions of flawless finesse. f unctions for up to 2HO guests International menus to ch( >< >st' from nnplete range of audio-visual equipnient •Ample parking space JiCH) tcm ii178 words
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Advertisement213 1981-04-08 8 &?\+"'*\=!<*['$%_&!.$~++]+~,>@{ Business Tip TheMirabelle Executive Lunch Enjoy a superb 3-course lunch served at your requested time. So there's time to talk business and make your next appointment. You'll eat like a gourmet enjoying starters such as Waldorf or Danish Salad, gourmet dishes like Veal Emince Zurich Style, Tournedos London House,213 words
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Advertisement101 1981-04-08 8 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 famous Hilton service. For reservations, please call 737-2233. 2156 •.oir •t! <Jhas6afh, feL Singer Songwriter From U-SA.101 words
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Advertisement228 1981-04-08 8 a (i y. X This is Thai Seafood at its authantic bast So frash. it could have baen alive 15 minutes before coming to your table. It was. An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant —>—u WOCKpunCTH Oiley Rise/Penang Road.228 words
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BANKING AND FINANCE
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Article578 1981-04-08 9 THE US dollar opened strong against major currencies in the local market yesterday. News about the Poland crisis and high US interest rates kept the dollar firm for most of the day. But rumours that US President Reagan's condition had worsened and a slight easing of US interest578 words
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Article22 1981-04-08 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.35 per cent.22 words
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Article190 1981-04-08 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Apr 7. U8 Dollan(Spot) Offer Bid 7 days 15 15/16 15 13/16 1 month 15% 15% 2 months 15'* 15V. 3 months 15% 15% 6 months 15% 15V. 9 months 15 7/16 15 5/16 12 months 15 7/16 15190 words
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Article48 1981-04-08 9 RANGE of price» offered by discount bouse* on Apr 7: Overnight: 4% to 8V«% Call depodts: »H% to 7V.% f Insist Bayirn* 8« Uis« 3-month Treasury bills 89/16 87/1« 3-month Bank bills 111/16 1015/16 3 months CD 1011/1610 9/16 6 months CD 1011/*****/18 Source: National Discount Company48 words
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Article264 1981-04-08 9 SINGAPORE gold futures yesterday closed lower in quiet trading following the metal's weakness overseas on concern over higher US interest rates, dealers said. Total sales for the day was recorded at 95 lots while volume for kerbs stood at 55 lots with interest centred mainly on June and August264 words
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Article42 1981-04-08 9 New York 12 SB 12 19B 12.55S 12 496 Zurich 12 30B 1215B 12 60S T\ 12 4SS Singapore im 12 10B Mm 12.45 12 SOS 12 as Closing prices in US dollars a troy ounce Source: Credit Suisse, S'pore42 words
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Article184 1981-04-08 9 THE dollar for overnight delivery yesterday closed easier at 213.60 yen, compared with a 214.65 opening here, a 214.50/65 close both in New York and on the West Coast, and a 214.30 close here on Monday, dealers said. Trading was active, with volume US$l.29 billion. The dollar eased sharply184 words
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Article188 1981-04-08 9 THE US dollar yesterday fell sharply against all major currencies, in thin late trading, dealers said. The fall was prompted by technical factors, including a major dollar selling order in Frankfurt and profit-tak-ing in Europe as investors unwound long dollar positions, they said. The dollar fell to its low188 words
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Article63 1981-04-08 9 THE dollar yesterday opened in line with Hongkong. but down on Monday's close in what appeared to be a reaction against its recent highs, dealers said. Opening quotes yesterday US 2.1775 85 Can 2.5875 908 Cross 1.1885 88 DMk- 4.6725 75 D F1 5.1750/1825 S FY 4.2600/75 B FY63 words
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Article571 1981-04-08 9 ALVIN TAY - CHANGING NEEDS By ALVIN TAY THE INSTITUTE of Banking and Finance (IBF) plans to revamp its existing Stage I Certificate and the Diploma in Banking and Finance courses to meet the changing needs of its member institutions. It has set up a committee, headed by IBF571 words
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Article202 1981-04-08 9 THE Manetary Authority af Siagtptrt ku given approval to the Commercial Bank af Australia to upgrade its reprwentative afflee to mi aOshare brueh, ise«rpmdag u Asian Currency Unit. Mr Nell Jacksaa, the braach manager elect, said: "The sound development of Singapore as a principal financial centre In202 words
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Page 9 Advertisements
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Advertisement140 1981-04-08 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 22Scotts Road Singapore 0922 Tel: *****81/2 r K Wfe have the taste There's a new taste sensation in town The140 words
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Advertisement181 1981-04-08 9 Money alone can't buy this cand. <y\(S <"*** A// cards are va/*J worldwide If you wish to become a Carte Blanche Cardmember, you need more than money. You need to be a responsible person with a sound financial position a person of influence and authority. Such high standards are essential181 words
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1911 1981-04-08 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 COMMERCIAL Acma (3.385) (1)1,911 words
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Article183 1981-04-08 10 SINGAPORE I "NIT TBIHT (Mm——' fhetm tar Apr 1) j The Commm* 3.81 4.01 The Savings Fund 2.10 2.21xd S pore Prog Fund 1.61 1.69 S pore Sec Fund 2.47 2.60 S pore Invest Fund 2.34 2 46 j S pore Equity Fund 1.55 1.63 1 ASA UNTT183 words
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Article2775 1981-04-08 10 Gr's Gr's Net 1981 Last Div Div YTd P/E Vol Day High Low Company Sale or- C'vr cooo) High Low SECTION ONE INDUSTRIAL COMMERCIAL 360 320 Ac ma 336 -2 14.5 2.8 4.3 117 2 338 336 Alcom 300 12.0 23 4.0 17.0 209 130 Allied Choc2,775 words
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Article2061 1981-04-08 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDCBTRIALS Alaanata (1 URt VWaa (2.915) (1) 2 91 (4) 2 902,061 words
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In Hongkong...
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Article67 1981-04-08 10 reported a group net profit for 1960 of HKJ701.3 million ($254.1 million), before an extraordinary profit of $801.1 million ($385.8 million), making a total profit attributable of $1.50 billion ($639.9 million). The company announced a three-for-10 bonus issue, and a final dividend of 43 cents (37 cents),67 words
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Article, Illustration699 1981-04-08 10 THE MABKET taraed qileter yetlerday after the bullish tradiag af the teat few days, vUek Mat the Straits Times ladaatrlal Mex to aew highs. Preflt-tettag la the menlag had farced the iadex to yield 1.32 peiats by the 12.31pm elaae. However, while meat Mae ehlpa699 words
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Article627 1981-04-08 10 SHARE prices fell after a steadier opening and closed on a mixed footing at the Kuala Lumpur Stock Exchange yesterday. The market failed to maintain the previous day's firm buying support. Sellers re-emerged to exert pressure on prices towards the mid-morning. Overall, conditions were more627 words
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COMPANY NEWS
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293 1981-04-08 11 A SIZEABLE loss from foreign exchange bit deeply into the earnings of the United Engineers (UE) group last year, reducing attributable profits. The group specialises in engineering projects but also engages in a wide range of other activities, including electrical contracting steel and293 words
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Article162 1981-04-08 11 PARIT Perak Holdings, the plantation-based investment holding company of Tan Sri Lee Loy Seng, has achieved a higher interim profit for the first six months ended Dec 31, 190. Group earnings increased sharply by 2.4 times to M 5795,517 on a more than 100 per cent rise162 words
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Article826 1981-04-08 11 Cnrrent Ex Backs Date Tatol far Tatol far Payment Date Close Payable the year Prevlaas year Attain mi Mar 17 Mar 27 Apr 17 10% 26% Austral AmaJ 45%I Mar 12 Mar 24 Apr 10 45% 100% A Enterprises 12% I Apr 21 Apr 18 Apr 30 24%826 words
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Article471 1981-04-08 11 Company Particulars Ex Date Books Clone Alcorn A P I A Enterprises Carlsberg City Dev DBS P Merlin FELevlngston IC B Intraco Island and Pen K L Kepong OC BC 0 U B P M Holdings Paramount Peg! MsU Perils Plant Sel Properties St Steamship TraeUrs U I471 words
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Article652 1981-04-08 11 KADIR JASIN - By KADIR JASIN MULTI-Purpose Holdings Berhad (MPHB), the investment arm of the Malaysian Chinese Association (MCA), may not become the controlling shareholder of United Malayan Banking Berhad (UMBC). The Malaysian Finance Minister, Mr Razaleigh Hamzah, disclosed that the compromise solution now being worked out by652 words
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Article301 1981-04-08 11 HIT by higher operating costs, Bata (Malaysia) Bhd has turned in only a marginal 5.3 per cent rise in net pre-tax earnings to M 58.32 million for the year ended Dec 31,19». This was in spite of total sales of $78.3 million, up 15 per cent on301 words
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451 1981-04-08 11 Profit at I P expected to increase Market Talk... PLANTATION, mining and properties group Island h Peninsular (I It P) is forecast to earn GO cents per share net in the current financial year ending Jan 31, 1982, compared with 49.5 cents previously. The projection was made by UK stockbrokers451 words
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LATEST RESULTS
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Article70 1981-04-08 11 reported an audited group pre-tax profit of $17.25 million ($10.78 million) for the financial year ended Dec 31, on turnover of $89.0 million ($57.5 million). The parent company's pre-tax profit was $17.0 million ($10.6 million), on turnover of $85.9 million ($55.7 million). The company announced a final70 words
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Article44 1981-04-08 11 pre- tax profit for the year to Dec 1980 dropped to $1.22 million from $1.72 million previously. Sales also fell to 17.02 million from $7.15 million. Its directors have recommended a dividend of 10 per cent less tax (10 per cent tax-exempt).44 words
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Article38 1981-04-08 11 tax earnings rose to $779,627 for the year ended Dec 1960, from $727,811 the previous year. A first and final dividend of 50 per cent less tax (45 per cent less tax) has been recommended.38 words
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Article26 1981-04-08 11 said the last day for splitting its rights issue is May 21. The last day for acceptance, renunciation and payment is June 12.26 words
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105 1981-04-08 11 TEMERLOH Rubber Estates Bhd has reached a joint-venture agreement with "other parties" in West Malaysia and Sarawak to develop 1,821 hectares in Sarawak for oil palm and cocoa plantations. The land, located in the Niah district of Sarawak, is currently owned by Seatex105 words
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Article731 1981-04-08 11 mm HOCK LOCK SIEW THE OUTLOOK for National Iron and Steel Mills (NISM) this year is decidedly bearish, and shareholders are probably wondering whether it's time to switch over to another stock with better growth prospects. To those who are looking for substantial capital appreciation on theirHOCK LOCK SIEW - 731 words
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Page 11 Advertisements
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Advertisement282 1981-04-08 11 AMERICAN INSTITUTE OF MANAGEMENT presents a Seminar on QJI The Seminar The first of its kind to be held in Asia. The 3-day Seminar is based on the newly revised A.I.M. Management Audit Program, a technique which Sf 44, is widely recognised as one of the best known V methods282 words
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234 1981-04-08 12 AP MALAYSIA expects some strain in its overall economic situation this year because of the weak demand for its major exports. Opening the 10-day International Monetary Fund (IMF) consultations in Kuala Lumpur yesterday. Deputy Minister of Finance Mak Hon Kam said that theAP - 234 words
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574 1981-04-08 12 LOW priority accorded to port investments, possibly because of the public's poor awareness about ports and shipping problems, is a specific contributory factor for congestion in ports. Making this point with reference to Port Klang, which has often experienced congestion, Port Klang Authority directorgeneral574 words
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280 1981-04-08 12 UPI IN A LAST ditch effort to stall the extradition of Asian financier Amos Dawe, his attorney has filed affidavits in a US federal court in San Francisco alleging that Dawe is the target of a frame-up masterminded by Moscow.UPI - 280 words
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Article131 1981-04-08 12 Reuter A SQUAD of 30 policemen rushed to the Thai embassy in Jakarta yesterday on a tip that it might be attacked in revenge for the storming of a hijacked Indonesian airliner in Bangkok. Reports of a possible attack were apparently received by theReuter - 131 words
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102 1981-04-08 12 Reuter FOREIGN businessmen who invest in the Xiamen Special Economic Zone, in the southern province of Fujian, will be given preferential treatment if they run joint ventures or import advanced equipment, Xinhua news agency said. It quoted Lu Zifen, described as a top Communist PartyReuter - 102 words
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223 1981-04-08 12 UPI SOVIET President Leonid Bmhnfv grimly reminded Poland yesterday «I Ciechoslavakla 13 years ago and gave a qualified endorsement to the Polish Communist Party to contain a similar "conater-reveintien" against socialism. Speakiag to the llth Czechoslovak Communist Party Congress In Prague, he said: "TheUPI - 223 words
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Article856 1981-04-08 12 LONDON, Tues. Equities and government bonds closed around the day's lowest levels following the Bank of England's estimate that sterling M-3 rose J per cent in the month to mid-March, dealers said. At 3pm, the Financial Times index was down 4.6 points at 528.9. The rise was at856 words
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Article65 1981-04-08 12 NEW YORK, Tues. Stock prices were mixed this morning amid signs that US interest rates are stabilising and tension in Poland is easing. The Dow Jones average of 90 industrial stocks, which fell below the 1000 mark for the first time in a week yesterday, rose 2.0765 words
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Page 12 Advertisements
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Advertisement449 1981-04-08 12 ROCFLOOR Resin flooring many times stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. BATIK A Batlka Singapore Pte Ltd tel: *****44 NEW YORK STOCKS COULD TURN INTO RAGING BULL MARKET Profit opportunities abound as eager buyers overcome wails of recession prophets Of449 words
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Advertisement197 1981-04-08 12 s I V >$i?> f> El f $2 yr *T:;,/4^-:£*€| V S»MP< m V- »£dftißr*v« hi wit Once upon a time there was a small international airline, with a small fleet of aircraft, flying to a small number of destinations. But what it lacked in size it made up for197 words
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Page 12 Miscellaneous
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Miscellaneous64 1981-04-08 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy with occasional showers in early morning. Report (or 24 hoars prior to 7.31 pm on April 7 at the airport. Maximum temperature 30.0 Associated humidity 74 Minimum temperature 22.8 Associated humidity Hours of sunshine i 0.05 Rainfall in millimetres64 words
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SHIPPING TIMES
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152 1981-04-08 13 WORLD-WIDE Shipping's vigorous campaign for a separate Hongkong registry has been suspended in the face of British Government opposition. Other Hongkong shipowners who have backed World-Wide chairman Sir Y K Pao in his campaign for a Hongkong registry have also admitted temporary defeat, according152 words
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Article811 1981-04-08 13 THE Far East seems to breed great shipbuilders now, says the chairman of Lloyd's Register of Shipping (LRS), Mr R A Huskisson Outlining the contenders for top spots in the world shipbuilding league, he added in his annual review: "Potentially the greatest rival to Japan811 words
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PORTSIDES
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Article71 1981-04-08 13 Reuter INDIA'S western Bombay port container handling capacity will rise to between 300,000 and 500,000 containers a year from 100,000 at present when a new container handling station is opened to traffic in early 1982, Shipping Minister Veerandra Pa til said. The Press Trust of India (PTI)Reuter - 71 words
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Article113 1981-04-08 13 THE Bank of Brazil's export department is negotiating with five major shipbuilders to finance 15 ships to the value of US$3OO million, for export over the next two years. Although Brazil exported ships worth $180 million last year, no new orders were achieved last year because of the113 words
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Article72 1981-04-08 13 BERTHING capacity at Madras port will be increased by another 450,000 tonnes when two new berths are constructed at Jawahar Dock at a cost of about R5116.7 million. On completion, the dock will measure 2,150 feet compared with the present 1,700 feet and will be able72 words
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Article771 1981-04-08 13 Shlppiag Um Ptgr CM Shipping UM Pf* CM Achipelego vn I Fortune VI 5 Adriatic VI 5 Franco- Belg m 4 5 Un VI 3 FrauNVOC VI 2 Afro-Eurasia VI 2 Freight vm 3 A) Navigation VI J Freight Links vm 1 Alfred CT vm 1 Frota771 words
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346 1981-04-08 14 THE 74 per cent state-owned Howaldtswerke Deutsche Werft AG (HDW) made another undisclosed loss over its last financial year to Sep 30. The West German shipbuilding and engineering group refused to disclose the size of its deficit but said it had been forced to346 words
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Article979 1981-04-08 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Bunga Permal 084 7.4.81 2300 Ned-EAC 50 TT Korean Jacejln 9W 7.4.81 2359 CR Marine 50 TT Amado 034 7.4.81 1200979 words
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Article1457 1981-04-08 14 RATES eased on Monday where changed for North American grain chartering mainly under the influence of the continued US coal strike and prospects of numerous coal vessels being switched to the grain sector if the strike is prolonged. A 75,000 ton cargo from the US Gulf to Holland1,457 words
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Article543 1981-04-08 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Bindang (after Bunga Gelang) 45A Car Ace No. 1 (RO RO) (0900 after Gerbera) 33 34 Equator (0700 must vacate #530 9th) 21 East Equator II (after Builder) 22 Guang Ming (after Advara) 12 Gavriil Kirdischev (RO/RO) (0600) 35 36 Galleon543 words
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Article, Illustration109 1981-04-08 15 MAERSK LINE recently took delivery of the 65,000-ton Maersk Sentosa, the first of three Japan-built Panamax bulk carriers to fly the Singapore flag. The Maersk Sentosa was built by Hitachi Shipyard at a cost of slightly more than US$5O million and is now on her first trip109 words
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Article274 1981-04-08 15 Reuter THE PACIFIC Forum Line, the shipping service which caters for Pacific islands trade, is in financial difficulties, and in danger of collapse, New Zealand Prime Minister, Robert Muldoon said. At the Commonwealth Heads of Government Conference in New Delhi last year it was decided that NewReuter - 274 words
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153 1981-04-08 15 Reuter IRANIAN officials will discuss problems linked with the trans-shipment of goods through the Caspian Sea ports at a meeting of the joint Soviet-Iranian economic commission later this month, the official Pars news agency reported. Much of Iran's trade with east andReuter - 153 words
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Article127 1981-04-08 15 AFP THE JAPANESE Shipowners' Association (JSA) has accepted a Japanese Hull Insurers' Union (JHIU) compromise proposal, envisaging an overall cut of 2,670 million yen (US$l2.7 million) in shipowners' hull insurance premium for 1981. The association said of this sum, 801 million yen ($3.9 million) represents an across-the-boardAFP - 127 words
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Article848 1981-04-08 15 West German shipowners, working under an extremely high-cost flag, are urgently seeking more government support. Increasingly concerned by the registry's decline, an industry working group has submitted a paper to the ministry of transport with recommendations which, if adopted, may at least provide some help.Seatrade - 848 words
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1183 1981-04-08 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. PN1,183 words
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Article708 1981-04-08 20 AFP PROSPECTS for the traditional spring recovery in rates on the freight market faded last week with the decision by the US coalminers to reject a tentative wage settlement and go on strike indefinitely. Any long drawn out stoppage will force owners to switch bulk-carriers to otherAFP - 708 words
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Page 13 Advertisements
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Advertisement472 1981-04-08 13 Everett Linesl FO« THE MOST FREQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN C HIT T AGONG CALCUTTA CHALNA RANGOON BUENOS AIRES MANZ ANILLO ACAPULCO Everett Steamship Corpn. S/A Clifford Centre Singapore 1 Tel ***** 9 36 Beach Street. Penang Rm 36 103 OCBC Btdg Tel ***** 3 Port Kelang472 words
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Advertisement371 1981-04-08 13 OSEALORDO a UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI PURPOSE SERVICES Dubai (27/4) Abu DM* (30/4). Ooha (1/51. (6/5) Dammam (9/5). Kuwait BN SHUHAD ¥.13 BN U KITAII V 33 am 3 *w Dubai (6 6) Dammam (9<6). Kuwait (12/6). Bamaio (15/0 Doha (18 6) Ab» Dhabi (216) Mma371 words
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Advertisement20 1981-04-08 13 m CONTAINER Schedules II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII SHIPPING Events VIII20 words
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Advertisement737 1981-04-08 13 >V \N\\ w ss N T*| SINCAFUR* Business FOR jHk PEOPLE tT? WHO MATTER Times Pe"odca6 Put*CCit»on MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Stag apore Feeder Vmhl ***** Philadelphia Kelang i P*nang Saied 1112/4 It-19/4 25-26/4 2-3/5 9-10/5 16-17/5 21-24/5737 words
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Page 14 Advertisements
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Advertisement864 1981-04-08 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Cwtiintf Struct To Eirpc Feeder *P Kelang Vessel S pore 1) Mseilles 2) Rdam 3) H'burg 4) Gburg B PENAGA 11/4 N OELFT864 words
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Advertisement280 1981-04-08 14 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA rr*ir v* 7/4 11/4 4/4 a/4 a/4 i/s 7/5 17/5 21/4 21/5 2/6 7/5 5/6 17/$ 21/5 10/6 NOTMBVUS "BARBER TAIF" 17 "BARBER MEMNON" Apr 21. "BARBER TOBA" M»y 2. "TERRIER" M., 7 MI *SSEIS WTH SKAPOK AT MS TEMOMI SOOOMN280 words
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Page 15 Advertisements
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Advertisement692 1981-04-08 15 Overseas Containers Limited Weekly service to/from UK/Europe OCL f STRAITS SHIPPING f Singapore to Sabah, Sarawak, Brunei Ports and Bangkok coktawrshp serwce to uk/cowipt. Ifbag R'dan SIM Sport P.KaMng D'aart Braa A'aarp La Nawt ILK. C*r at EMr|k 10 Ap 1 Mar 2 May 30 Apr 7 May I May692 words
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Advertisement202 1981-04-08 15 fZB Franco Belgian Services F <y Fii*t French service :< i(k fl*\'»jian t'tir F\s!*rr. Fines* f CONSO®■ 5> SEAPAC CONTAINER SERVICE F NQLMRIE S ???3?44 C»S ?7?404 1 Tf f m.ni ??PS4*> Optorg Shipping Pte. Ltd. K uA'a I ompur *>?593 Port Kriang T OC' PmtmhriQ Jmy» *****3 61?4S tEL202 words
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Page 16 Advertisements
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Advertisement593 1981-04-08 16 Hapag-Ltoyd TO NORTH EUROPE City ti Edntegh Osaka Bay EfceMaru Bimttiv Hongkong Eipreu to memterraiea 10/4 12/4 20/4 20/4 27/4 29/4 5/5 10/5 11/5 17/5 18/5 24/5 S oore P* Pot Mbao Genoa H'bu'g B lu»w Rdam Antwrp 974 11/4 13/4 16/5 14/5 11/5 9/5 29/4 1/5 3/5 24/5 10/6593 words
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Advertisement693 1981-04-08 16 KOREA ZZ P. K elanj PENANG S PORE VEGA 159* 16 20 April 21-24 April 26-29 April FROM BUSAN BANGKOK VEGA 160E 16-20 Apr! 21-24 April 26-29 April TO BUSAN INCHON AITAIR 163W 18-22 May 23-26 May 28-31 May FROM BUSM^ BANGKOK ALTAR 164E 18-22 May 23-26 May 28-31 May693 words
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Advertisement678 1981-04-08 16 EVERGREEN LINE 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>«r« MM Hjinbwf IMltrtei Fifaitowr AnTwp L) Him Er«r VictorT b Nrt 10/04 2/«5 <05 7/K l/OS 17/ M 27/44 1/05 10/K 12/15678 words
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Advertisement956 1981-04-08 16 nizrt. WhA Burn* Five Star Shipping Corpn. "BURMESE NATIONAL LINE LOADING FOR RANGOON Acccpta* cjrfs tor MR and lap* (Mr i>«t PMm| P«m momrm'" it/?« Apr MM 11/21 Apr fACAM 11/8 Apr MTOKYIM 21//22% 23/25 Apr B F SS C Agents m Motayvo BOUSTEAD SUPPING 21//22 Apr 73/25 Apr it956 words
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Advertisement470 1981-04-08 16 mO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTC SANKYO LINE JAPAN/STRAITS SERVICE gekral agents ocean shppmc i wierprises ptc ltd SBKAPORE TU MUM I *****70 K lUAMR TL 04*44 4147*1 com MO KXKK OCEAN SHPPMS STORE TU 22(1144/? jalal-s can mo r kqjmc ra U47. »73/4 SUB WEKTS f KUANC UST ASA470 words
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Page 17 Advertisements
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Advertisement922 1981-04-08 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AOABA (Reefer Cntrs Acceptable) IST CALL S PORE I COLOMBO 11-13/4 13-14/5 11-12/6 HODEIDAH 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 COLOMBO 3-4/5 2-3/5 1-2/7 m *FCL Closing at PSA ON S/4/S1 1500 HRS. Accepting922 words
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Advertisement872 1981-04-08 17 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE 10 EUMPE S po«* P Wiflj* Germany Austria Anti ol F4nbw|* 10/4 1/5 «/5 3 Osala Bit 12/4 2/5 1 Eke Mara 20/4 J/5 11/5 1 Benattow 20/4 11/5 13/5 1 Hongkong Eipress 27/4 25/4 19/5 21/5 2 Eipress 4/5 4/5 27/5 2J/5872 words
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Advertisement716 1981-04-08 17 'r 8 A I ft Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN Sporr l)Mse«*es?>« dam 3)HtHi'(4 >C t B PtNAGA 10 4 B DAWIA 17/4 B PfNAU 24 4 6 QMM 1/5 4 PfN*U 8/5 Accepting tor 1) Barcelona Coot Lafhor* 2) Amsterdam Antwerp It Haere Brfbso Basic716 words
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Advertisement637 1981-04-08 17 STEAD SHIPPING AGENCIES BANK LINE FOR REUNION, DU» RBAN ft CTOWN A. VESSEL f tpore Moy FOR HULL. R'DAV I ft H'BURG IVYBANK Spore: Sid Pnf: 7/4 Ly Linos U.S. WEST COAST SERVICE Owd from SfO Lbeh SPORE LESUE LYKES Sid Sid 16/4 ASHEY LYKES 19/1 I 16/4 25/5 «Of637 words
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Page 18 Advertisements
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Advertisement996 1981-04-08 18 ft INE KAWASAKI RISEN KAISHA. LTD EXPRESS CONTAINER 1 SERVICES TO NORTH AMI ERICA FEEDER VESSELS* PK SP MOTtCR VESSELS W IA SI NT NordStarV2 11/4 13/4 Yamastw Maru 3/. > 1J B«nhu Maru J, 'i 16/5 Japan Ambrose S; S 30/5 Famdy Ace 06N 15/4 17/4 Tjmaslw Maru 3/996 words
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Advertisement524 1981-04-08 18 ■J 1 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lu*if far lOS ANGELES SAN FRANCISCO SEATTU. TACOMA VANCOUVER B C Acceptnf FCE/FCI Contancri AUSTRALIA EXPRESS CONTAINER SERVICE Acctptaf FCI/FCL Contaners NEW ZEALAND SERVICE Nr OUCDM IYTTUTO*. NQLMETOM MX IMB fa/fa c——i Penang P Ketang JAPAN SERVICE "VBHVA AMBM "VBHVA AMJRAG"524 words
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Advertisement539 1981-04-08 18 r o C.roup SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINE SI GENERAL *****1 114 LINESI TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6B A'B CARSHIP CABLE CARGOSHIP g ==j] KC4|HNUiI I'oiitaiiicr Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK BANGKOK 14/15 to 20/21 Apr539 words
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Advertisement629 1981-04-08 18 KORINS MARITIME SERVICES K Room 601. ICB Building, Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIBOIi [AST/RED SEA/EUROPE SERVICES *NTANG NO 17 A WSStL LOADING FOR: Bandar Wn I Oamman Kuwait JiX'.SAW ICK LINES A mki o< the Samlet Cmu* Compamej Li€R SERVICE FROM KOREA/TAIWAN HONG KONG629 words
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Advertisement814 1981-04-08 18 4, INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11/*****57 y»\ jroiAUA-um HUM BCEPENDENT soma TO EUROPE S pore P. Keianf Penanf Loadn( Mr AXIOM NBIM 13 Apr 9 Apr BOULOGNE/UK (AVON) NOR ASIA NBIO9 3 Mar 7 Mar BOUOGNE/RDAM/ UK (AVON) NORASIA NBIIO 2 km iun814 words
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Page 19 Advertisements
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Advertisement557 1981-04-08 19 NEPTUNE ORIENT LINES FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member ot the ACE Consortwn TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia 0. CHIEF S pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ): 2300 11/4 1100 11/4 USA CONTAINER SERVICE TO WEST COAST (USA)/CANADA Also accepting557 words
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Advertisement382 1981-04-08 19 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALDIVE NOBLE Sailed Loading For Jetoor All MALDIVE PIONEER 15/4 Loading tor Jeddah MALDIVE NOVEL 20/4 Loading for Kuwait MALDIVE PRIZE In Port Loading For Bahrein/ Dammam/Kuwait/Dubai MALDIVE MPORTER 7/4 Loading For Mate (BOOKINGS NIL BE ACCEPTED UPTO 7/4/81 ONLY) MALDIVE382 words
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Advertisement643 1981-04-08 19 NOTICES r MV JANUS IVOYI 1 Arrived 31/1/81 at K«pp*l WtiarvM Qodown 27/28 General survey on damaged cargo discharged ex the above vessel will be held on Friday 10th April 1981 from 0930 to 1200 No further survey will be held after this date. Lima StM A|tadM Pie Ltd m643 words
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Page 20 Advertisements
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Advertisement493 1981-04-08 20 M OLSSON PACIFIC LINE For: Australia and Papua New Guinea Calling Darwin. Port Moresby. Lae. Madang Wewak VESSEL SPORE PENANG NORTH SKY 17/4 19/4 Agents SfALION SHIPPING <S) PTE LTD S-nqioai In 229SW' iHore Temnji *****1 Ponlsjrs Td MU79 SEJAMA SHIPPING b TPT SON BMO T* *****1 *****2 JINYANG LINE493 words
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Advertisement504 1981-04-08 20 GARWARE SHIPPING CORPN. LTD. RtSH VtSHWUHTM (Indian Flag-Suit 1970) RISHIVALMIKI (Indian Flag-Bult 1968) FOR HOPED AH, DUBAI SWGAPORE fRA 15/19 Apr PT KELANG 20/22 Apr 15/19 May 20/22 May SINGAPORE: STRAITS SHP SERVICES (PTE) LTD., TEL: *****61/2, *****34/6 W JAPAN STRAITS «JfMf'tlfl DIRECT SERVICE KLIB CL 127 S CAUELIA a504 words
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Advertisement507 1981-04-08 20 Bangladesh Shipping Agency Pte Ltd A|«its of Bangladesh Shipping Corporation S pore P Ketang Penang Loading for SOLOARtTT 13/ M Apr Chittagong "A VESSEL" 1/2 May CMtafong For Bookings please contact Bangladesh Shipping Agency Pta Ltd Singapore: *****1 Oriental Shipping Corporation K.L.: *****5/Ponan«: ***** FREIGHT SERVICE DARHM/SMGAPORE/DARWM M.V "FOUWWY" SM.MC507 words
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Advertisement445 1981-04-08 20 KAWASAKI KINKAI KISEN KAISHA. LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe S pore PKelang Penang S pore Tokyo Robe NORDBATVS J/4 10/4 21/4 23/4 24/4 26/4 9/5 10/5 NORD STAR <3 27/4 21/4 10/5 12/5 13/5 15/5 21/5 25/5 "WOK Boustcx) Stmfmt *****4/*****5 I MALAYS*. Hirmon 4 CMM Kl445 words
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Advertisement390 1981-04-08 20 OCEAN LINES REGULAR NOW CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE (Also *c*pt.m tf |0 (Of Ripu Bowrgas Conttawa subtect to wJucemem t S poie P Manj Penang loaduv hK OCEAN ACE V 13WB 21 Apr Port Sad/Akianfru/Lflnauoi P»»«ui/B«rutLjM»kii OWNED VESSELS MSS|"" SAGASIA PTE LTD. IMIL Jl (LOUIS OAEVFUS GROgP Of COMPANIES}390 words
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Page 20 Miscellaneous
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Miscellaneous168 1981-04-08 20 m •t i s I i n < r/. r > U a >£ »a >> a*? ft s 5 Daw* uv C yA ~y win) Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower168 words
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