The Business Times, 17 April 1981

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, APRIL 11, 1581 60 CENTS
    11 words
  • BRIEFLY...
    • 41 1 AFP MANILA, Thurs. ASEAN is currently studying the feasibility of launching a non-oil energy exploration programme. The proposed company to be set up will receive equal contributions from Asean but may operate within and outside the Asean region.
      AFP  -  41 words
    • 42 1 Reuter JAKARTA, Thurs. The newly-completed Association of South-east Asian Nations secretariat building will be officially inaugurated on May 9 by President Suharto, the Foreign Ministry said here today. Foreign ministers of the five Asean countries will attend the ceremony. Reuter
      Reuter  -  42 words
    • 59 1 AFP KUCHING, Thurs. Construction of the Ms 2 billion urea plant in Sarawak's boom town of Bintulu will start next year, Chief Minister, Datuk Amar Haji Abdul Taib Mahmud said today. The urea plant has been designated a project of Asean and will produce about 500,000 tonnes
      AFP  -  59 words
    • 72 1 AP WASHINGTON, Thurs. The Reagan Administration has decided to sell Saudi Arabia ground radar stations and 10,000 more anti-tank missiles in a concerted effort to build the oil-rich kingdom into an anti-Soviet bulwark. The size of the up-to-now secret missile deal and another secret plan to
      AP  -  72 words
    • 54 1 AFP MOSCOW, Thurs. Trade between Japan and the USSR showed "dynamic growth" between 1976 and 1980 when it totalled US$l4,OOO million Tass news agency said. The figure was higher than forecast and the latest agreement for 1981 to 1985 allows for a further increase in business between
      AFP  -  54 words
    • 56 1 AFP HONGKONG, Thurs. The Mass Transit Railway Corporation today signed an agreement worth several billion Hongkong dollars in one of the biggest property development transactions in Hongkong. An MTR spokesman said the agreement concerned the joint development of six MTR station sites on Hongkong island with a consortium
      AFP  -  56 words
    • 49 1 AFP HONGKONG, Thurs. Philippines Economic Planning Minister Gerardo Sicat has predicted a real growth rate for the Philippines of 5.8 per cent this year against 4.7 per cent last year. The Philippines has re-arranged its development strategies in order to achieve the higher growth rate. AFP
      AFP  -  49 words
    • 60 1 UPI BEIJING, Thurs. Exiled Kampuchean Prince Norodom Sihanouk will arrive in Beijing on Sunday and is widely expected to meet with leaders of the Khmer Rouge. Kampuchean spokesmen said Prince Sihanouk will arrive by private jet from the North Korean capital of Pyongyang, where he lives
      UPI  -  60 words
  • Chief Price Changes
    • 143 1 Rises Indices Ambassador 745 100 Apr 15 Apr 16 Sel Properties 1870 80 B.T. Indicator: *****.*****84.63 C Sugars 1130 80 Industrials: 821.30 831.04 Hong Leong Ind 1540 50 Finance: 1634.59 1656.40 O U E Sealioo Hume F E 1050 590 470 50 50 48 Hotels: Properties: 1300.34 1331.58 815.89
      143 words
    • Article, Illustration
      168 1 Rises Indices H Leong Ind Magnum C Sugar Ind Oxygen N ST H Leong Credit PMC M A A Perlis 1670 1100 1190 655 1000 1000 1550 510 1170 120 80 70 50 +50 50 50 42 40 B.T.Index: Industrials: Finance: Hotels: Properties: Tins: Jrubbers: Apr 15 Apr
      168 words
  • 693 1  -  RESPONSE TO SALE OVERWHELMING By FONG MEW LENG SINGAPOREANS themselves appear to be mainly responsible for the high price increases in the residential property market. Their keen demand is pushing up prices of residential units, especially those in choice districts, if the response to
    693 words
  • 273 1 THE drop in the production of tin in Malaysia following the recent stoppage of production in the gravel pump industry is not expected to be severe. Deputy chief inspector of mines Redzwan Sumun said the mines department anticipated a drop of less
    273 words
  • 516 1  -  By CHRIS LIM MINSEC Properties Bhd, the property development associate of Perlis Plantations Bhd, will be applying for listing on the Singapore and Kuala Lumpur stock exchanges. Together with this move, the company is also going to increase its issued capital substantially from $5.11 million to
    516 words
  • 329 1 AP HONGKONG, known as shoppers' paradise, is losing some of its most valuable customers. Figures show Japanese tourists in 1980 numbered 472,182, down 7 per cent from 1979 and visitors from Taiwan totalled 119,635, down 41 per cent. Japanese tourists are the biggest spenders with each
    AP  -  329 words
  • 395 1 SINGAPORE Nation*! OU Company is expected to sign an agreement with Kuwait far the supply af ail in the very near future. A team from SNOC will visit Kuwait, perhaps next month, to warfc out details of the arrangement, said Minister far
    395 words
  • 360 1  -  By JUNE LIM LOCAL furniture makers say they will be adversely affected by the latest reduction of import duty on furniture. Import duty on chairs and wooden and cane household furniture has been reduced since April 3 from about 12 to 3 per cent for imports
    360 words
  • Page 1 Advertisements
    • 31 1 Computer Safe Maximum Protection and Security For Data Media 0 S4FE /4ND SECURITY SYSTEMS PTE. LIMITED 45 Podium Block. Goldhill Plaza, Newton Road.Singapore 1130 Cable EDPSYSTEMS Tel: *****11/3 'IS Sf Si
      31 words
    • 47 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. rc\\ v\ \V\ V\ \v C CAMPIONE Sole Agent for S.l:. Asia. Hong Kong <!v I aiwjn. S.G. PARRFIT SON (PTE) LTD. Singapore
      47 words
    • 73 1 rasa JAPANESE aluminium workers fear loss of Jobs 2 ATLANTIC Richfield cancels oil contract 3 ROLLS-Royee believes In quality, not quantity SHIPPING TIMES EASTER elusive search of the spirit of man....................... UNITED International Securities' investment p1an5............... 11 CHINA'S textile Industry is booming 12 TV AND RADIO I, CROSSWORDS I, WHERE
      73 words
    • 169 1 A GOOD BOOK RECENTLY? Bookshops Business Times wishes its readers Happy Easter. There will be no publication tomorrow. Wayfoong MAF's hire pun base a heme makes owning a car ever 10 easy Thinking of buying a car? Vfoyfoong MAF can give you a helping hand Drive off in the car
      169 words

  • REGIONAL
    • 399 2 UPI JAPAN'S aluminium workers have charged that their jobs are being destroyed by imports of aluminium from the United States. American aluminium refiners, aided by lower production costs, captured 18.7 per cent of the aluminium market in Japan last year by more than
      UPI  -  399 words
    • 171 2 AP THE THAI government has decided to build a rocksalt soda ash factory a joint project of Asean at a restricted zone of the Thai Navy southeast of Bangkok. The decision follows more than a year of controversy over siting proposals, amid
      AP  -  171 words
    • 319 2 Reuter JAPAN'S Mitsubishi industrial group said it is sending a team to Beijing for talks on compensation following China's decision to suspend a multi-million dollar steel rolling mill contract at Baoshan, near Shanghai. But a spokesman for the group declined comment
      Reuter  -  319 words
    • 468 2 Reuter BRITISH Prime Minister Margaret Thatcher was scheduled to hold a second round of talks with Prime Minister Indira Gandhi in New Delhi yesterday and later address members of the Indian Parliament. Mrs Thatcher, who arrived in New Delhi on Wednesday for a five-day official visit to India,
      Reuter; Source: AP photo  -  468 words
    • 491 2 UPI JAPANESE Foreign Minister Masayoshi Ito yesterday urged the United States to admit any mistakes "if there were any" in the sinking of a Japanese freighter by an American nuclear submarine. Mr Ito's call followed by one day Prime Minister Zenko
      UPI  -  491 words
    • 265 2 AP A PHILIPPINE opposition leader said exiled former Senator Benigno Aquino is ready to consider challenging President Marcos in the June presidential election, despite legal obstacles and a constitutional age limit that will bar his candidacy. Mr Aquino was to arrive in Tokyo from
      AP  -  265 words
    • 361 2 AFP AUSTRALIA'S new Minister (or Industrial Relations is Mr lan Viner, former Minister for Aboriginal Affairs, and recently Minister for Employment and Youth Affairs. The Governor-General, Sir Zelman Co wen, handed the ministerial commission to Mr Viner yesterday. At the same ceremony, Mr Neil
      AFP  -  361 words
    • 138 2 UPI AN AMERICAN congressional delegation yesterday rejected calls for a renegotiation of agreements covering the operation of US bases in Australia. Bill Hay den, the leader of Australia's opposition Labour Party, had called for new negotiations on the bases following a recent tour
      UPI  -  138 words
    • 333 2 AFP EFFORTS have been made to avoid 'confusion' and undue competion among Chinese companies taking part in the 1981 spring Canton fair which opened on Wednesday. Among the 4,200 foreign businssmen attending the fair on its opening day, 1,650 came from Europe and
      AFP  -  333 words
    • THE REGION IN BRIEF
      • 479 2 DOMESTIC airline hostesses in Australia returned to work yesterday after a 24hour strike and airlines yesterday were still trying desperately to clear an enormous backlog of passengers trying to get away for the Easter holiday. Spokesmen for the two domestic airlines Ansett and TAA said more than
        479 words
    • 749 2 ARRIVALS Service Local Operator Number Time From SIA SQ240 1125 MES SN SN277 1130 BRU/AUH/BOM/ KUL KLM KL833 1230 AMS/VIE KH3 CMB SIA SQ203 1230 HLP MAS MH651 1245 PEN/KUL GIA GA944 1245 PKU SIA SQ161 1250 PEN SAS SK971 1250 CPH/KHI/BKK LUFT LH694 1325 FRA/BOM GIA
      749 words
  • Page 2 Advertisements
    • 100 2 TO tyfcy.' A •«tfifyxs ak Pure Silk Briefs byValdmi V A f VMV 'f' 1 J J Vr 1 4&s > 1 .7- iji, v",;V j V 1 V 7 Mm If* ~r T v vv V From the house of Julius Vaidini,fnrt£orted, uxurious briefs for the ftan who has
      100 words

  • OVERSEAS
    • 317 3 AP THE Reagan administration will continue to work towards limiting nuclear arms in Europe so long as Russia refrains from intervening in Poland. State Department spokesman Dean Fischer did not, however, follow the lead of US Secretary of Defence Caspar Weinberger who on
      AP  -  317 words
    • 150 3 BUSINESS indicators and surveys point to an upturn in the British economy after its deepest recession since the *****. The Central Statistical Office, which publishes official information, said economic activity rose by 2 per cent in February, the first real movement since last
      150 words
    • 394 3 AFP BRITAIN has refuted Japanese claims that AngloJapanese trade was broadly in balance in spite of a "serious" visible deficit for Britain. An official report prepared by government departments and the Bank of England said according to the Bank of Japan, Britain's surplus on invisible
      AFP  -  394 words
    • 458 3 MOBIL has overtaken General Motors as the second biggest US industrial company behind Exxon. Fortune magazine said Ford slid to sixth from fourth place, while Chrysler plunged to number 32 from 17th place and American Motors tumbled to number 155 from 109. Fortune
      458 words
    • 327 3 UPI A UNITED Nations commission has ruled out total sanctions against South Africa as a way to bring the white-minority regime to its knees, saying that the cost to neighbouring African countries would be "incalculable". But in a report prepared for the international conference on sanctions against
      UPI  -  327 words
    • 670 3 NYT VICE-President George Bush said President Reagan "would give the veto very, very serious consideration" if Congress passed a oneyear tax cut instead of the three-year plan recommended by Reagan. Bush's remark was part of a chorus of hardline statements from Reagan's surrogates as
      NYT  -  670 words
    • 276 3 Reuter TOUGH rules for multinational companies operating in the European Common Market were demanded by a committee of the European Parliament on Wednesday. Its Economic and Monetary Committee approved a report by British socialist Richard Caborn calling for full consultation with
      Reuter  -  276 words
    • 457 3 ATLANTIC Richfield company is giving up its right to 60,000 barrels a day of expensive, high-quality Nigerian crude oil, a move that oil industry sources say is illustrative of the current oil glut. The company said the termination next month of the two 30,000-barrel-a--day contracts was
      457 words
    • WORLD IN BRIEF
      • 504 3 FRANCE'S biggest steelmaker, Usinor, has announced a net loss of 1.23 billion francs for last year, reflecting the problems of the European steel industry in a bleak year. But its results were not as bad as those of its rival Sacilor, which on Monday posted
        504 words
    • 140 3 Reuter UNITED States industrial production, led by a sharp rise in car production, rose by 0.4 per cent last month. The Federal Reserve Board, the US central bank, said the modest growth in factory output for the month followed a fall of 0.4 per cent
      Reuter  -  140 words
  • Page 3 Advertisements
    • 52 3 NOTICE BANK OF INDIA (A Government of India Undertaking) WE ARE MOVING TO SERVE YOU BETTER effective Monday 20th April, 1981 We will be relocated at 104-108 Robinson Road, Singapore 0106. (opposite Singapore Indian Chamber of Commerce) Tel No: 222 0011 (10 Lines) Cable: "STRINGENT' Telex: RS ***** BOISING RS
      52 words
    • 86 3 The best reason of all to fly to London via Frankfurt, Lufthansa. Lufthansa departs from Singapore at 2120 hours every Monday. Wednesday and Friday. Arrives London at 0910 hours the next morning via Frankfurt. Similarly, from Kuala Lumpur at 0240 hours every Monday and Thursday arrives London at 1320 hours
      86 words

  • RAW MATERIALS
    • 362 4 Reuter INDIA, a new cocoa producer, has problems selling its small output of dry cocoa beans because they are expensive and have a high acid content. Production in 1980-81 (April-March) was only 2,000 tonnes, compared with less than 400 tonnes four years earlier when
      Reuter  -  362 words
    • 152 4 SOYBEAN futures in Chicago on Wednesday closed on top of an eight cent range, up 3V* to s'/j cents a bushel in mostly local trade. Renewed rumours concerning the possible lifting of the grain embargo against the USSR and a lack of follow-through selling prompted local shortcovering. However, chart
      152 words
    • 160 4 WHEAT futures in Chicago on Wednesday closed near the top of a 4Vi cent range, up 2Vt to one cent a bushel in mostly local trade. Dealings were thin and prices fluctuated erratically on the day as activity dwindled ahead of the holiday weekend. Corn futures finished mixed, up
      160 words
    • 81 4 THE STRAITS tin price in Penang yesterday fell 29 cents to M 339.15 a kilo, taking it closer to the bottom of the $39.11 to $32.74 International Tin Agreement's middle range price, dealers said. The fall was mainly attributed to reduced buying from overseas, easier prices overnight on
      81 words
    • 34 4 Rubber April 16 Singapore: May: 239.50 cents (down 4.50 cents) Malaysia: May: 261.50 cents (down 3.00 cents) Tin: M 930.15 per kilo (down 26 cents) Official offering: 150.5 tonnes (up 0.119 tonnes)
      34 words
    • 86 4 THE Malaysian Minister of Finance has fixed these rates for the period from April 16 until further notice: Babber: 274 cents a kilo for RSS One; C«prm: M 5640.00 a tonne; Palm kernel: $955.75 a tonne; Wblte pepper: $3,609.83 a tonne; Black pepper: $2,282.50 a tonne; The
      86 words
    • 58 4 Reuter WORKERS of two of the eight unions at the El Teniente copper mine in Chile have voted to go on strike, a mineworkers union spokesman said. The other six unions will make their strike decision later and if they follow the actions of the two unions,
      Reuter  -  58 words
    • 325 4 DM Singapore, rubber prices closed slightly lower with May One RSS buyers quoted at 239.50 cents per kilo, down 4.50 cents from Wednesday's close, dealers said. Morning prices were slightly easier on some offerings and lack of buying support ahead of the long Easter weekend, they said. Afternoon prices
      325 words
    • 349 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int 1 R.S.S. prompt f o b 239 50 240 50N Int. 1 R.S.S. May 243 00 244 00 Int. 1 R.S.S. June 247 00 248 00 Int. 2 R.S.S 219 50 220.50N UK Coot 218.50
      349 words
    • 133 4 NOON SSRv id SMR price* yesterday RA8 SSR 20 SSR 50 <1 ton pallet 1 <1 ton pallet) May tlurreat Mtk) Buvera Seller* 224 00 226 00N ***** 223 00N June (Forward Mtk! Buyer* Seller* ***** 228.00N 223 00 225 00N MRELB May Ju M SMR CV
      133 words
    • 299 4 Reuter INDONESIA may have to import 1.75 million tonnes of rice this year despite anticipated good crops to ensure high inventories and price stability, foreign industry experts in Jakarta said. One reason for maintaining a high inventory, even though the chances of another
      Reuter  -  299 words
    • 180 4 CHINESE Pradaee Exchange, Singapore, no.n closing pri«** P« IMkg yesterday. («tmol «U: Bulk fob $115.00 sellers, old drum (in second hand drum) fob $128 00 sellers, new drum fob $134 00 sellers Capra: Mixed (loose) $62.00 buyers Pepper: Muntok white pepper fob Asia NLW $412.50 sellers, Sarawak white
      180 words
    • 181 4 YARN and cotton prices were quoted as follows in Hongkong yesterday (In HK dollars, spot ex-go-down) Cattaa yam: China Blue Phoenix 20b 2.260; 32s 2,830, 40s 3,030 (per bale of 400 lbs). Piece goads: China Butterfly and Globe brand unq; Dragon Head unq Five Lambs unq; Flower and Butterfly
      181 words
    • 859 4 COFFEE: Robusta futures yesterday ended a very quiet morning £4 to £2 a tonne lower *ith the bulk of trade concentrated in near months, dealers said. The market received some support as a result of pre Easter weekend booksquaring. Physical activity remained quiet. Switch trading in the July
      859 words
    • 325 4 SINGAPORE: Yesterday's closing prices in S$ per kUo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 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, Special
      325 words
    • 125 4 THE Kuala Lumpur market yesterday closed higher on nearby short covering in moderate trading, dealers said. T In April, central region was traded at MJ965 a tonne and north at $993. In May, south at $942.50 and central on ex-mill at $920. June, north traded at $925. The
      125 words
  • ASIAN STOCKS
    • 554 4 TOKYO SHARE prices yesterday fell sharply on widespread profit-taking following the yen's fall to a five-month low against the US dollar on the Tokyo foreign exchange market, dealers said. The market average lost 42.46 to 7,418.74 in moderate trading volume of 580 million shares. The Tokyo
      554 words
    • 302 4 THE market yesterday opened strong in response to the good closing prices in London. Sellers slowly stepped in and drifted the price down. Trading turned dull in midday with little price movement and the index went up 10 points. Afternoon trading saw prices picking up slowly and a small
      302 words
    • 272 4 STRONG rises by Queensland Mines and Kathleen Investments helped the rise for the first time this week as traders squared positions ahead of the holiday week end, brokers said. The oil sector proved the only weak link as the AllOrdinaries index put on 1.8 points to 719.6. The oil
      272 words
    • 251 4 BUYING pressure yesterday sent stock prices generally higher in quiet trading, dealers said. First Trust rose one baht to 63.50, Saha Union two to 179, Mah Boonkrong Drying and Silo two to 181 and Rama Tower baht. APR it Aat* Cradlt Asia Fibre Anithaya In» And Trust Bangkok Investment
      251 words
    • 52 4 FINANCIAL TIMES INDUSTRIALS Wednesday 549.1 Tuesday 548.8 Week Ago 539.4 DOW JONES AVERAGE INDUSTRIALS Wednesday 1001.71 Tuesday 989 10 Week Ago 993 43 H.K.HANG SENG Thursday *****4 Wednesday *****9 Week Ago 1325.06 AUSTRALIAN INDUSTRIALS Thursday 7515 Wednesday 749.9 Week Ago 748.4 ALL ORDINARIES Thursday 719.8 Wednesday 7178 Week
      52 words
  • Page 4 Advertisements
    • 509 4 >llkL±Z' GODEL, ESCHER. BACH: AN ETERNAL GOLDEN BRAID Douglas R. Hofstadter This is the sort of book that emerges only once a decade, an undefirtable but wholly remarkable achievement which > has won its author the Pulitzer Prize. Taking the apparently J unconnected musical structures of Bach, the paradoxical graphic
      509 words

  • TRADE AND INDUSTRY
    • 278 5  -  By RICHARD SEAH A LOCAL aircraft maintenance company has won a $5 million contract for the maintenance of United States Navy aircraft. The contract to Singapore Aerospace Maintenance Company (Samco) is a follow up of an earlier contract awarded by the US Navy last
      278 words
    • 496 5 SOUTH-EAST Asia is becoming an increasingly vital trade Hnfc with the United States, yearly seeking more imports of US technology and products to help develop the region's natural resources. The importance of trade with the area was discussed during a two-day conference last
      496 words
    • 424 5  -  By WONG AI KWEI TWO West German companies have set up a jointventure company in Singapore to make precision tools. Precision tools have been identified by the Economic Development Board (EDB) as a priority industry for the 1980s. The company, Drei-S, incorporated here last year,
      424 words
    • 215 5 METAL Containers, a can-making plant, has invested $1.5 million in a new metal printing line to upgrade its operations. The three-unit metal printing machine is capable of printing three colours on the metal sheets simultaneously. Conventional machines are capable of printing only two colours. The managing director
      215 words
    • 360 5 BUILDING owners and users should follow the Government's lead in conserving energy. Z This request was made yesterday by university don K R Rao, at the third convention of engineering institutions of South-east Asian nations on energy management and cooperation in the Asean context. He enumerated three major
      360 words
    • 422 5 TECK Chiang Manufactory, a member of the Lion group of companies, is expanding its development of private flatted factories. In addition to the two blocks of flatted factories in the Teck Chiang Industrial Complex at Paya Lebar, it is developing a third building in
      422 words
    • 203 5 A LEADING Finnish plywood and wood panel manufacturer, Oy Wilta Schauman, will be organising a seminar on the use of special plywoods. Entitled Wisaform The Cost Stver for Construction, the seminar is sponsored by the Singapore Institute of Architects, and will be held at the Mandarin
      203 words
    • 119 5 ASEAN and Australian government officials ended the sixth senior officials' meeting in Canberra on Wednesday with an agreement to explore proposals aimed at promoting Asean-Australia relations. One of the proposals calls for the setting-up of a third special working group on energy conservation under the Asean-Australia consultative
      119 words
    • 694 5 SEMINARS AND COURSES Apr 18, 19: Advanced Course on Effective Management, National Youth Leadership Training Institute, Mountbatten Residents' Committees Apr 20-21: Current Cost Accounting, Hyatt Hotel, Price Waterhouse Associates Apr 20-24: How to Improve Machine Tool Accuracy, NPB Cuppage Centre, National Productivity Board Apr 20- Aug 27: The
      694 words
  • Page 5 Advertisements
    • 114 5 Have a Wxxterlul Copenhagen on your European holiday Wonderful Copenhagen is not only the gateway of Europe and Scandinavia it's also the gateway to a fun vacation. The Danes are Europe's friendliest people. Join them in their pubs and latenight restaurants. Shop with them in stores which are centres of
      114 words

  • 393 6 A PRICE increase, particularly when it applies to popular items, is an especially touchy issue. The 10 cent increase in the price of soft drinks will undoubtedly sour, if temporarily, the taste buds of soft drink consumers. Many can be expected to belch
    393 words
  • 306 6 OPEN competition is the spirit that gives life to the concept of free enterprise. A spirit that a democratic socialist state has managed to harness and put to happy use instead of smothering it with excessively socialist policies. We must thus welcome the Government's decision to
    306 words
  • 419 6 r Letter to the Editor k A Dear Sirs, As a member of the Institute, I am compelled to comment on the statement that "Chartered Accountants in Singapore are strongly opposing a move by accountants in Australia to merge the Institute of Chartered Accountants
    419 words
  • 756 6 The underlying worldwide demand for motor cars of the highest quality remains undiminished. That's why Rolls-Royce continues to achieve increased export sales. WHILE most car manufacturers complain of falling orders and profits, Britain's Rolls-Royce Motors is quietly working to meet increasing demand for its costly luxury
    756 words
  • 711 6  -  By MIKE THARP FOR A DECADE, Isuzu Motors has produced diesel-engine trucks and small commercial vehicles that have been marketed worldwide by the General Motors Corporation, and it will soon begin assembling General Motor's little "J" cars. But Americans will shortly be introduced to Isuzu
    711 words
  • Page 6 Advertisements
  • Page 6 Miscellaneous
    • 644 6 p I -11-OKE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Ron's in the chair (6) 7 Some-time programme's length (4,4) 4 Where to leave one part of a ship (6) Game characters! (5) U See a new tie to refer to (4) 14 Airman's favourite bird? z < 4 > 15 Wrote
      644 words
    • 9 6 Bristow." Fiaak DicfcenS 3? r? [Jv £SiS£iC£asS232 s Kwiff
      9 words
    • 817 6 itTVIRADIOI SBC Is three days early. 8* if yea we Mt U* pwflealtr abeet ttmlag, there hi a whale let t4 "Easter Specials" ea TV May starttag with the eartaea special, Ssasfcise Percsptoe. Saashlae has a geldea eaat, like the Baa's rays aad he hetteves this Is the gift ef
      817 words

  • 894 7  -  By GOH ENG KEE ONLY two days ago, a new Columbia gave America a cheer which many exuberant hearts say is worth its total bill of US$9.9 billion. Like the 15th century vessel of Christopher Columbus, the US space ship promises to point
    894 words
  • Page 7 Advertisements
    • 142 7 m Q 11*1 mm* mS •ffJC F I wS> J Wfe ve soared to dizzy heights Circulation has doubled in three years: an amazing record! Since Business Times was first published in October 1976, it has meant business: providing businessmen in Singapore with a reliable daily source of essential news.
      142 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 263 8 APR 15 Frs CORBEILLE Alr-Liqulde B S N Oervals Danone C 8 F < ThomsonCH)„. Clc FtuicdK des Petroles Compagnie Financier* Compafnle Oenerale Credit Foncler 461 10 1031 300 21*50 400 386 10 -2.9 -3 +0i -1 unch Hachette (Ubmirte) 321 SO -Oil Machines Bull Mlchelln (B) Paribas Pechinej
        263 words
      • 211 8 APR 15 Din Aef-Telefunken 61 00 0.5 Akao JQJO -0 1 Alls Leber) *****0 unch A1U Vers mao 15 BASF 129 J0 -0.7 Bay H T Wbank ***** unch Bay Vbank 290 00 -XI 124 70 -05 BBC 286.00 -03 BMW 179 JO 13 Caiaella ***** unch Chem Verw
        211 words
      • 69 8 APR IS m FORWARD MARKET Actf 286 6 Artoed 1300 -30 Afltvf 4ia uneh Bruckn 1MB Bni-Lamb 1114 r tnpf 1444 -*l Cock Iflfi -i Dt Been 300 Ebet 1640 uneh Electrobel 25 Ob-Inno-Bm mo -SO Op* 1340 Hobo* 2330 unci) Petro 4415 Ryl Dutch 1343 u Stdro 1080
        69 words
      • 174 8 w*f n i;. AlusuUae R*f Brown Bo»«n Br Clba Oelty Br. Cite Oclfj P C L -i IDS 1170 MB -5 -35 -15 at* ocicr CrwiH Suliar Br CrtdU Sulaac R*« DcklronU Br. 502 2340 00 Mao unch 20 Otorr rweh«r Br Otobui Pc 710 SOB -10 soao -20
        174 words
      • 179 8 APR 15 FU ABN 7TB 30 -1J Ahokl 7890 1.4 Akao 2280 0.1 AMEV «.oo 0.7 *mf|f 102J0 -02 Amrobnk 56-20 0.2 Berfoaa Berk 2ft 00 46.00 -0.5 Bole 56.10 -01 Bonumvj ***** 3 Burhmann 50.SO -0J CaUnd 36 00 0.8 Ctln Delft ltnoo 0J Dell MU T7J0 1
        179 words
      • 90 8 APR IS Lire Ante aao -S 1 1 •00 400 -23 ♦ft Insider mm -fl-S 0*n lmmob 233C -41 m Pn IUUcamenli llalgu IUlsldcr 733C saw 1O0C 300 -46 900 30 unch rt an -1 Mad lot) 10« Mirmlann IMC Mondadon tok MonlMin XI Mot La Bio OU»» Ort
        90 words
      • 204 8 APR IS C* AMUbl X* Alcan tit Algoma «7t» Bank Mont 3»<* Bank Norm Scoua JO* H Ball Tal llo Beth Corp BP Can Ltd 17 43 H B rue an Camp Red Lake »*■> 1W Can Imp Bk 31 H Canpar 1* Can par in* Pf 2SH unch
        204 words
      • 305 8 APR IS Rand INDUSTRIALS A Alpha 450 5 Abercotn 400 5 AE AAd CI •80 unch AMJC 2400 unch Barlows 1045 10 C« Suear 1810 10 CNA VrfVR Currte Finance 230 5 De Beers Ind ***** -200 Ed con 180 10 Ed|tn 7860B unch Eve ready Fed Vols 900
        305 words
  • Page 8 Advertisements
    • 246 8 The American Express Card serves you well, wherever good food is served'! I Get away to Sentosa >*r A Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holidav-eves). For
      246 words
    • 122 8 d fitJAPANESE RESTAURANT For sushi. For teppanyaki. For other authentic ally Japanese delights. Open daily: 12 noon 3pm 6.30 p.m. —10 30p m For reservations call *****77 j hirk SIk'I1I(oii« Siiiyii|M»n' SHERATON HOTELS AND INNS iVOKLtV. H-n- m Smgapom 1025 'J7967? ocERfITEDH'ANA *f fi J America is not °nerc!v o
      122 words
    • 176 8 The Great Family Do-lt-Mxirsetf Barbecue I ■a y .i <r M v -i m bW Pooteide at the Oberoi luK choow whjt you want and barbecue it Meat teafood viUch sauces CM s hit and apron available 122 tor adults $15+ for each child under 12 Anvtone from 7 pm
      176 words
    • 127 8 Inn Of Happiness Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. 215* Be in vogue a. Lilxaiy Very exclusive. Very
      127 words
    • 160 8 Rfcasgood as going to Bangkok. This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table. It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our Kitchen Siamese Seafood Restaurant CQCnpn nOta Oxley Rise/Penang
      160 words

  • BANKING AND FINANCE
    • 103 9 Reuter THE BANK of Canada said in the current climate of strong inflationary pressures and expectations, its ability to resist interest rate pressures is limited. Commenting on Wednesday's rise in bank rate to 17.16 from 16.94 per cent, the bank said substantial rises in US rates from
      Reuter  -  103 words
    • 292 9 MIDLAND International Financial Services BV, the finance subsidiary of Midland Bank Limited, proposes to offer US$l5O million guaranteed floating rate notes (FRN) 1991 in the Eurobond market. The notes will be unconditionally guaranteed on a subordinated basis as to payment of principal and interest by Midland Bank
      292 words
    • 112 9 THE BANKING Imvum ud Fiaaace lulso will call J4-haar strikes la vartoas elctrlig btik brnekes mud the UK tram Moaday. General secretary Lelf Mills said the u!m execslive rammlttee agreed to rail the strikes, to he Mtowed hy an averttme haa aad wark to rale. It
      112 words
    • 1476 9 Reuter CENTRAL banks around the world are shifting towards operations in domestic capital markets as a more flexible way to accomplish their policy objectives. As this trend widens, discount rates are becoming less significant as bases for interest rates and as means of controlling credit, although they
      Reuter  -  1,476 words
    • 153 9 Reuter TRADING hours daring which commercial banks in South Africa can sell Kmgerrands will be reduced tram April 21 to subdue speculation la the ceins. late national Geld Carp Ltd, Intorgold, said trading will be restricted to three hours each weekday and two and a half hoars
      Reuter  -  153 words
    • 1079 9 NEW YORK STOCKS NEW YORK stock prices rebounded sharply on Wednesday from two days of weakness led by the oil, defence, high technology and drug groups. Analysts said the action was mostly technical with investors searching for bargains among recently depressed issues. They also pointed to short covering
      1,079 words
    • 296 9 Reuter THE UNITED Arab Emirates needs to restrict the expansion of banks and bank branches while promoting the creation of a few soundly structured investment or merchant banks. The UAE central bank, which last December replaced the UAE currency board, noted in its first
      Reuter  -  296 words
    • 456 9  -  By ALVIN TAY POTENTIAL house and car buyers received a fillip from several finance companies this week in terms of lower cost of borrowings. DBS Finance and United Overseas Finance (UOF) lowered the interest rates on their housing and car loans by between V* and Vi
      456 words
    • 429 9 CHANCELLOR Helmut Schmidt's government and private economists have stepped up pressure on the West German central bank to cut interest rates, but the bank showed no sign of easing its tough monetary stance. With recession likely to persist for most of the year and
      429 words
    • 86 9 DEVELOPMENT Bank of Singapore will cut its best lending rate by V* per cent to 12' per cent on April 20, putting it on par with the--other three major local"; banks which moved to this level earlier this week. Banque de L'lndochine et de Suez will also cut
      86 words
    • 76 9 THE JAPANESE Finance J ministry will present its draft bUI to amend the 1927 banking law to the Cabinet next week for approval be-•> fore it goes to Parliament. On the question of banks' handling of public bonds, the draft says banks will not require a licence under
      76 words
    • MONEY AND EXCHANGES
      • 540 9 THE US dollar fluctuated wildly amidst hectic trading against some currencies in the local market yesterday. Dealers said firmer ACU rates tended to strengthen the dollar, but this was offset by profit-taking. The fluctuations were aggravated by position squaring, with few banks willing to take up new positions
        540 words
      • 136 9 THE US dollar for overnight delivery yesterday closed firmer at 217.55 yen, compared with a 217.00 opening here, a 216.80 217.00 closing in New York, 216.90 217.00 on the West Coast and 216.40 here on Wednesday, dealers said. Trading was active with volume US$l.37 billion. The dollar firmed throughout
        136 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.13 per cent.
        22 words
      • 195 9 ASIAN ASIAN currency deposit interbank rates as at close on Apr 16. U8 Dollar*(Spot) Offer Bid 7 days 15*4 15M 1 month 17 9/16 17 7/16 2 months 16 5/16 16 3/16 3 months 16'4 16H 6 months 16> 16H 9 months 15 13/16 1511/16 12 months 15*« 15 s
        195 words
      • 49 9 RANGE of pnops offered by discount houses on Apr 16: Overnight: <»«5 to«>«* Call deposits: n to T.l Clotiaf Buying SeUiaf 3-month Treasury bills 6 9/1® 6 7/16 3-month Bank bills 915/16 913/16 3 months CD 9 15/16 913/16 6 months CD 10'« 10'» Source: National Discount Company
        49 words
      • 72 9 THE US dollar yesterday traded steadily against major currencies in very quiet late trading ahead of the Easter holiday. Banknote rates yesterday US 5.34 5.36 UK 11 «5 118 Burma 1.20 I 50 India 5 70 5 Indonesia 0.75 0.85 Japan 2.465/2.475 Korea 0 72 0 82 Philippines 0
        72 words
      • 244 9 SINGAPORE gold futures yesterday turned firmer in the afternoon after a weaker opening on some shortcovering ahead of the long easter weekend but the market still closed easier on balance compared with overnight levels, dealers said. Trading was generally quiet throughout the day with total sales reported at 30
        244 words
      • 33 9 New York U.12B U.30B 1132S U.50S Zurich 11.10B 1115B 11.306 Tfcaia 11.35S Singapore IWI 11.10B 1120B U.30S 11 40S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
        33 words
      • 206 9 THE dollar yesterday opened here little changed from its late levels in New York on Wednesday and continued to rise, before encountering some light selling, dealers said. They said trading is calm but active, with the dollar rising to an early high of 2.1950 marks, then falling back on
        206 words
      • 76 9 RESULTS of tender held yesterday for 91-day w m bills (to be issued from April 20 to April 24) and 182-day bills (to be issued on April 20): •1-<tey bills 1«2-day biH» Offered: $120,000,000 $30,000,000 Applied for: $200,100,000 $94,500,000 Allotted: $120,000,000 $30,000,000 Arr*pfed hid*: <98.34 $96 66
        76 words
  • Page 9 Advertisements
    • 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 Park Hotel 22 Scott s Road Singapore 0922 Tel: *****81/2
      38 words

  • 2106 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 Allied Choc (2.408 2.475)
    2,106 words
  • 172 10 SINGAPORE UNIT TtUR OOMONTAOU The Commerce The Savings Fund S pore Prog Fund S pare Sec. Fund S pore Invest Fund S pare Equity Fund m rur» 3.82 4.08 111 222 159 1.(7 2.48 2.61 2.38 2.50 156 164 (Manager* pneea wuruia) Union Spore Fund 1 65xd I
    172 words
  • 2762 10 Gr'» Gr's Net 1981 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 360 320 Acma 336 14.5 2.8 43 137 Alcom 300 10.0 33 334 130 Allied Choc 246 -14 4.0N 13 1.6 324
    2,762 words
  • 1921 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. iNDUntIiU r" <3 tOB) call AIM (3 288 3.306) (I) 3.8 (1)
    1,921 words
  • 742 10 PRICES ipeaed firmer »1 the stock exchup yesterday wit* m«derate galas far the qsatlty stocks. While the baylag tatorest la Mae chips was sastaiaed threagheat the day, tower Uaers faltered after a few hears sf tradlag. PeUewiag the Stack Exehaage sf Slagapere'» dedstsa aa Wedaesday
    742 words
  • 643 10 SHARE prices stabilised at the Kuala Lumpur Stock Exchange yesterday after previous days of continued easier trading. Speculative fervour was checked and industrial bluechips recouped losses after days of neglect at the expense of lower liners to close the market on a steadier note. This trend
    643 words

  • COMPANY NEWS
    • 774 11  -  By CHRIS LIM UNITED International Securities, the closed-end investment trust of the UOB group, will continue to maintain the major portion of its investments in the Singapore and Malaysian stock markets because of expected continued rapid growth in Asean countries. Concentration of investment
      774 words
    • 546 11 FOOD seasoning manufacturer Ajinomoto (Malaysia) Berhad has experienced its first earnings setback after years of encouraging profit growth. Rising costs and energy have trimmed the company's pre-tax profits for the year ended Dec 31, 1980 from $4.94 million to $4.14 million, despite a 14 per cent rise in
      546 words
    • 24 11 FAB Eact-Levlngstoa Shipbuilding limited: AGM to be held at No 31 Shipyard Road, Jurong Town, Singapore, on April 20 at 1.30 pm.
      24 words
    • 272 11 TIMES Conference Pte Ltd, sew member of the Strait* Timet and Times Publishing groups, will trpalie Its first conference la iue. The two-day conference to held at the Shaagrl-La Hotel m iue 11 sad 12 will focus on aspects of Mergers aad Acq
      272 words
    • 284 11 HONG Leong Industries (HLI) will purchase the entire $4 million issued share capital in Mai Kah Corporation for a total consideration of $22.95 million or $5.74 per share. The acquisition will be effected via a share exchange on the basis of 400 ordinary shares of $1 each in
      284 words
    • 786 11 THE COUPON rate for Development Bank of Sagapore's guaranteed floating rate notes due April 1966 for the first interest determination period from April 3 to July 3 1961 has been fixed at 11 1/16 per cent per annum (inclusive of '/< per cent spread). The coupon amount for
      786 words
    • 249 11 AS expected, plantationbased Keck Seng (Malaysia) Bhd has done better tnan its directors had forecast late last year. The group yesterday reported operating pre-tax profits of M 514.2 million for the full year to December 1900, up 12.59 per cent from the previous year's $12.62 million.
      249 words
    • 206 11 ASSOCIATED Plastics Industries Bhd (API) expects that its group profit will increase substantially from its proposed acquisition of the entire issued share capital of three property development companies. It has forecast that its consolidated profit for the year ending Dec 31 1981 will be M 57.31 million, a
      206 words
    • LATEST RESULTS
      • 106 11 has announced a consolidated pre-tax profit of |7.15 million for the year ended Jan 31, 1981. This is just marginally higher than the $7.02 million profit in the previous year. The result was achieved on a considerably higher turnover of $6.44 million against
        106 words
    • 1011 11 Carreat Paymeal Ex I Date Baaka Claae Date Tatel far PayaMe tee year Tatel far Prevtaaa year API 3%TE Jun 2 Jun 12 Jul 4 3%TE Alcam 5% NYA NYA NYA 10% 12% Amrtl r,TE Jun 2 Jun 12 Jul 4 3%TE Aekam A Eaterpriaee 10% I Mar
      1,011 words
  • Page 11 Advertisements
    • 102 11 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 §uest, impress him. The Jaguar eries 111.
      102 words
    • 241 11 You Could Easily Be Speaking Indonesian In 3 Months! The secret of learning a language s c-c '2*. u. «v V^v *sS Linguaphone's comprehensive Indo-English course equips you with competence and confidence in the Indonesian Language Based on a 3-Approaches Principle, the course content is tailor-made for sOccess in just
      241 words

  • 459 12 AFP CHINA'S textile industry is booming with exports of quality products worth US$3.2 billion last year apart from strong domestic demand, New China News Agency reported from Beijing yesterday. The export value was 12 per cent over that of 1979. With big petrochemical
    AFP  -  459 words
  • 334 12 JACK Chia-MPH's plans for its property at No. 1 Collins Street, Melbourne, will be a mixture of the old and the new, involving the restoration of its historic facade and the construction of a 14-storey office tower behind it. Acquired by the
    334 words
  • 404 12  -  Asean <3 Bridge Club i CHAMPIONSHIPS By SIOW LI SEN THE VERY thing that tournament director Willy Han dreads most occurred at the third Asean Bridge Club Championships yesterday he was asked to adjudicate on a game procedure. Fortunately, such a thing rarely happens
    404 words
  • 248 12 AP CALLING itself "the victim of a hoax," The Washington Post publicly apologised yesteiday for {Minting a fabricated story about an 8-year-old heroin addict. The story had won the Pulitzer prize, journalism's highest honour. Reporter Janet Cooke relinquished her US$l,OOO Pulitzer prize for feature
    AP  -  248 words
  • 113 12 Reuter VIETNAMESE warplaaaa have gone into action to ■import ground troopa Bghtlag guerillas of the ouatod Kbmtr Rout» n> gime to Kampuchea. Thai Armed Ftrcaa Supreme Command spokeaman, Lieu tenant-General Som Khataphan said in Bangkok yesterday that the aircraft included American F-5 jets of
    Reuter  -  113 words
  • 272 12 Reuter THE SOVIET Union wants to buy pumping stations worth between US$75O million and $1.5 billion from Japan's Hitachi Limited for a natural gas pipeline linking Siberia and Western Europe. Hitachi said in Tokyo yesterday it would send a mission to Moscow next month
    Reuter  -  272 words
  • 740 12 LONDON, Thurs. Share prices closed sharply higher today in a market short of stock, dealers said. At 3pm, the Financial Times index rose to a new peak of 566.12, up 17.0 points on the day. The previous record was on May 4,1979, at 558.6. Market sentiment was aided
    740 words
  • 6 12 AP lu^wSpL
    AP  -  6 words
  • Page 12 Advertisements
    • 446 12 Wfe have a history of making money g row j&k Lombard North Central is part of one ofthe world's largest banking groups and we have a history wtijcHWTl covers more than 100 years. _Tzl?li»a TaFff We offer a range of deposit schemes which will produce maximum interest whilst giving flexibility
      446 words
    • 163 12 I general business The tab on vour business connection of over 5,000 names and addresses! The general business listing of the Straits Times Directory or Buku Merah (as we are also known) is a compendium of names and facts you ought to know. For instance, if you have only a
      163 words
  • Page 12 Miscellaneous
    • 64 12 IWOTsHERI Outlook for Singapore from 6 a.m. to 1 pan. today: Thundery showers in several placet in the early morning. Report for 24 hmn prtor imlMfmm April It at the airpnl Maximum temperature 321 Associated humidity S Minimum temperature 22.4 Associated humidity S Hours of sunshine SJi Rainfall in millimetres
      64 words

  • SHIPPING TIMES
    • 194 13 THE Port of Singapore Authority (PSA) will conduct a three-week course on "Shipping, Delivery and Warehousing Procedures" starting on May 9 at its training centre on the seventh floor, Tanjong Pagar Complex. The course is designed for port users who are involved in the import
      194 words
    • 717 13  -  By JAN LEE THE Far Eastern Freight Conference (FEFC) representative for Malaysia and Singapore, Mr W J V Cook, clarified yesterday that he had not conceded that changes to the Westbound General Cargo Contract were needed. However, he emphasised that the FEFC had invited
      717 words
    • PORTSIDES
      • 119 13 Reuter THE Indian government has approved a scheme to add a new cargo berth to Kandla port in western India to improve the port's traffic handling capacity, an official statement said. The new berth, the port's sixth, will have an annual capacity of handling 450,000 tonnes
        Reuter  -  119 words
      • 77 13 AFP EUROASIA Shipyard Co Ltd of Hongkong has signed contracts to build two jack-up offshore drilling platforms for American rig operators. The two separate contracts, worth more than US$55 million, were signed with Santa Fe International Corporation and Global Marine Drilling Company. These rigs, manufactured under
        AFP  -  77 words
      • 79 13 AFP THE Japanese ship, Shinpuku Maru No 38, with 12 crew has been detained by an Indonesian patrol vessel in northern Moluccas waters for fishing illegally in Indonesian territorial sea, Antara News Agency reported. The vessel which carried a total of 50 tons of fresh fish was
        AFP  -  79 words
    • 758 13 Shipping Uae Page C«l Shipping Line P*g<C«i Achipeiego vn i Fesco vn 4/5 Adriatic VI 5 Flotta Lauro V 5 Ale* VI 1 Fortune VI 5 Afro-Eurasia VI 2 Franco-Bel* m 4/5 Al Navigation VI 2 Frata NVOC VI 2 Alfred CT vm 5 Freight vm 1
      758 words
    • 348 14 PACIFIC and Far East bulk carrier specialist Lyle Shipping has justified the high hopes held of it at halfway with doubled profits of £6.67 million pretax for 1980. Even stripping out ship sales, which brought in £2.1 million, growth was an impressive £2 million to £4.56
      348 words
    • 999 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 Kll Maru 11 16.4.81 1100 Borneo TA 4 TT Ever Promoter 51-32E 16.4.81 1300 Green Asia TA 3 TT Bunga Dahlia
      999 words
    • 1454 14 BROKERS reported on Wednesday very subdued conditions in most sectors with the continuing us coal miners' strike having a dampening effect on atiantic rates. they noted scattered grain business was helping to prevent rates sliding further, but most trade reported was for Pacific routes with grain to Japan
      1,454 words
    • 384 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barber Taif (ro/ro) (0900 after Nikolay Semashko shifts) 46/47 Cherry Chantek (after Pabloeverett) 27 Iran Salam (after Frotamanila) 42/43 Leslie Lykes (after New Dawn) 1/2 Nikolay Semashko (0530 shifts, after Mui Kim) 29/ •30 Santa Fe (1200 after Solidarity, draft not to
      384 words
    • 315 15 Fairplay A GROUP of the largest shipbuilders in Japan, including Mitsubishi, Mitsui, Hitachi, Kawasaki and Sumitomo, are currently in the process of designing a new breed of VLCCs to carry oil from the Arctic Ocean. Three proposals are currently being considered, with one being
      Fairplay  -  315 words
    • 146 15 AFP BRITISH Shipbuilders play down the quality of their vessels whereas Far Exist and communist competitors tend to overrate theirs, according to leading shipowner Marcus Frangos in London. Mr Frangos, head of the London-based Liberty Maritime Shipping Group, made the claim when taking delivery six weeks
      AFP  -  146 words
    • 100 15 THIS dmM UHf-wtr, made for shipbuilders in Hambug la 17», reeeatly flew to Kabe, Japaa, far the Porto pi* trade (air. The original M-gaa W*p?a m Hmmbarg aceampaaled eaavays of Hambarg sailing ships aad abo served aa a gaest baaae far visitors to the North Germaa part The
      100 words
    • 351 15 AFP HONGKONG'S industry entered a new phase of diversification as the largest glass-reinforced-plas-tics (GRP) trawler ever built in Hongkong was launched at the Dashwood Shipyard. The 60-foot double-boom prawn trawler is the first of 22 boats covered by a US$2B million contract between the Burmese
      AFP  -  351 words
    • 492 15 PORT users in the United States could face a substantial rise in charges if planned changes in the financing of construction and maintenance of navigational channels goes ahead. Legislation now before the US Senate seeks to recover from port authorities the Federal expenditure now
      492 words
    • 185 15 AP A JAPANESE consortium conceded to a South Korean shipbuilding firm in international bidding the supply of a steel structure for a drilling platform in a natural gas project off the northeast coast of Japan. The contract won by the Hyundai Heavy Industries Co for the
      AP  -  185 words
    • 1244 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
      1,244 words
    • 737 20 VESSELS Open: Kamensk Uralski 15,OOOdwt interested clean petroleum products open West Coast India prompt, destination Japan China North Korea/Singapore. R Zorge Sofia type 45,OOOdwt, last three cargoes clean unleaded, open PG April 15/25 destination West. MT Trud 25,000dwt, open Aden, prompt, destination West. (Possible Veta PG prompt). Singapore
      737 words
    • 133 20 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. 'K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines. Neptune
      133 words
  • Page 13 Advertisements
    • 423 13 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel Port Kelanq Tel *****1 Kuala.Lumpur Te1'***** Penanq Tel *****6 lARDIM n \M AH Orient Overseas Co*dcu*ieA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) CaNing Bremerhaven atter Hamburg Fstowe H'bwg Antwerp 9/5 11/5 14 5 14/5 16 5 19
      423 words
    • 167 13 OSEALORDI2 UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES Loading for Dubai(s/6) Damm*ii(B/6). Kirwait (11/6). I Boiratn (14/6). Doha (17/6). Abu Ohah (20/6). ttna Qaboos (23/6) FULLY CONTAINERISED SERVICE mi IRECT SMS I SfALORD SHTPMG AGENCES (Rcf. No. *****5/OOC) I 1 3RD FLOOR. MARMA HOUSE. SWGAPORE 0207 TEL *****94
      167 words
    • 19 13 CONTAINER Schedules II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII ORIENT Exchange VIII
      19 words
    • 682 13 Nedlloyd Lines Regular Liner Services To From All Parts of the World. Singapore Tel *****1 Port Ke'ang Tel *****1 Kuala Lumpur Tel ***** Penang Tel *****6 •JklrJlk jL TO: U S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Feeder Vmml FONDO MAERSK MANGO FONDO MAERSK MANGO FONDO MAERSK MANGO FONDO
      682 words

  • Page 14 Advertisements
    • 873 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 CowUiww Serrice To Europe Feeder 'PHetam Yessel Spore 1) Msedles 2) Mam 3) H'bwg 4) Gb#rg B DAHLIA In Port MHON 21/4 6/5
      873 words
    • 195 14 815 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA KIT worn US "BARBER TAIF" A* 17. "BARBER MEMNON" V 21. "BARBER TOBA" Ma, 2. "TERRIER" May 7 "BARBER MARA" fey 17 M.i Ksstis both sskatok ai ns rtnawi gooomn v i 1 ■i"j 1 ir 17/5 22/5 1/C 5/5
      195 words

  • Page 15 Advertisements
    • 485 15 Overseas Containers Limited Weekly service to/from UK/Europe OCL COBTAHSHP SCTWCt TO M/CONTWMT BtaHn Hamburi Eiprtu Kasufi Man Larpßay UrKEMwfh Br emeu Express CONTAOOSHP SOWCf FHOM UK/CONTMEMT: larnlty SMGAPORE: NANSFILD COHTMO SHPPMG PTC LTD *****1 K LUMPUR CONTUO AGENCfS *****4, P.KELANG *****6/ I PENANG BOUSTIAO SHPPWG AGENCfS SON BHD 3(2301/3 Australia
      485 words
    • 450 15 frjo Franco Belgian Services y £<!>' F'r. -.ch n 1,-, if'. I<, ;l.ir L t .ir F is!, r>: 7.l*t(S wu. commas* sma to emiope rau contanpsh MM Maw LtHxn rte HW| BTbiraa I m KPTIM MCI bPwt It If I lb} 7Mn 11 Mn 12 Mn l«tte» WO SUS
      450 words

  • Page 16 Advertisements
    • 781 16 Hapag-Lloyd TO NORTH EUROPE Eke Mara Benattwa Etpress Hamburi Eipreu Kiaama Mjru TO MEDITEIMMCA I"T7S Pen Bdbao Genoa H'bwrf Bhanen Rdam Antwerp lkW 8 /i 10/5 16/6 14/6 H/6 »/6 fyr*" J/? 11/5 1/6 2/6 18/6 16/6 13/6 11/6 SSTwu-n »/5 31/5 3/6 25/6 9/7 7/7 4/7 2/7 TO USA/CJUMOA
      781 words
    • 670 16 SHIPPING KOREA CORPN gk P. Ketang PENANG STORE VEGJnS9»I» 11-21 Apr! 22-25 Aprl 27-30 April FROM BUSAM BANGKOK VEGA 160E 18-21 April 22-25 April 27-30 April TO BUSAN ■nm ilwiWl ALTAR 163* IS-22 May 23-2* May 28-31 May FROM BUSAN BANGKOK ALTAR 164E IS-22 May 23-26 May 21-31 May TO
      670 words
    • 594 16 r EVERGREEN LINE 1 FAR [AST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTING CARGO FOR: UNITED KiyDOM BIRMINGHAM, BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BREMEftHAVEN, OSLO. STOCKHOLM. GOTHENBURG. AARHUS, COPENHAGEN "HOLLAND mimtM %imt MM Hamta totlm4m f rfntov* U Hwr« E»«r l»ft h Pari 27/04 0/05 IMS U/» 15/05
      594 words
    • 1011 16 r iJVL yma/k Burma Five Star Shippirtf Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON fcccqrtnt cargo te W and lapan Or* ilpn M** fmmi nm ntUMKCTMmM NTOHTW C Aatntt n Moiayvo BOOSTEAD ShWWNG TEL NOS KL *****2/*****9 Campania ArpantiM Da Mawaaacina Intaroommwital S. A. C.I.F. "ARGENTINE NATIONAL LINE" LOAONG FOR
      1,011 words
    • 401 16 THO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE com mo booob ocean svrwc trm tel *****44/7 MULI CQMTAMR P (ELANS TEL 4347 DW3/4 9B worn P ROME EAST U» SWT* TEL 3S-5732/3/7251 PE3MK IHUm TUH A TMHSWiT TEL 47t»3 A 437 ft SUN UNION LINE KARACHI SERVICE SMCAPORE
      401 words

  • Page 17 Advertisements
    • 594 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH. JEDOAH AQABA (Reefer Cntrs Acceptable) TTTT7 10-11/5 13-14/6 17-18/7 2ND CALL 7-1/6 11-12/7 14-15/8 S'PORE 13-14/6 17-16/7 20-21/6 Accepting L S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ IST CALL 2ND CALL rvT.n j6T¥T»T: •FCL Closing 15/4 2200 HHS EAST AFRICA/REDSEA SERVICE
      594 words
    • 220 17 BLUE STAR LIN s,ng t a o pore Vr NEW ZEALAND AND T/S FUI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND, WELLINGTON, CHRISTCHURCH. DUNEDIN FIJI ACCEPTING LCI CARGO FOR AIICKIAND WELLHGTON AND NAPIER SHIP NEW ZEALAND STAR AUSTRALIA STAR NEW ZEALAND STAR SALS SPORE
      220 words
    • 789 17 s BENLINE CONTAINERS EXPRESS CONTAfO SERVICE TO/FROM EUROPE H"BURG 6 HAVEN ROAM HAVW SOTON now anon hburg b haven roam havre soton 1« Ofmany/Amtru Bcnttai Frmct AA UK PAttanf ttanfkanf Eiprtu SjM SM SjBM SjAM SjM W HaaMvt Eiprtu bM SaBM SaM SaM 21/4 Tttat Eiprtu SjM SjM SjM SaM
      789 words
    • 770 17 ruyi 111,, i t 4 9 I I Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE I ON4.M Port KMC* 24 4 I OMtW 1/5 ««*C* 1/5 OMftM IS/5 nmu 22/s 1) S»C«OM Gmm. 2) Amltrto" tahnq) It Ha«« Moo Basil S'too (OPT) Lntrpool U K Canary Ms 3) B>t*m fcnifciiin
      770 words
    • 495 17 BOUS7TEAD SHIPPING /AGENCIES BAN K LINE FOR REUMON ft S. AFRICA STREAMBANK Spore: 3/4 Moy (loading direct for Durbon and Cop «town only) Lines U.S. WEST COAS.T SERVICE OHd tro» SFO Lbdi SP OK S'tk Tie YBC LESUELYKES Sid Ski 61/2 20/5 21/5 23/5 ASHLEY LYKES 19/4 16/4 25/5 17/6
      495 words

  • Page 18 Advertisements
    • 887 18 J w LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NOiRTH AMERICA Eartar If** '<"*** Cviws to* xcaptJWi to OaUani I Immnti Portland. Houston GaNntan. Nra Oriaare. Boilan. Si lotot rMilto*" NorM. B. dtoara. SnanA iaduantMa TO EUROPE Spot* P Reta ng I Havre R dam H burg Bremen
      887 words
    • 661 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Laa*( tar LOS MKOIS. SAN FIMCQCO. SfATTU TACOMA VANCOUVER B.C Ikcqjtnf Fa/FU Mam IHAHUA" 3 Apt 4 km AUSTRALIA EXPRESS CONTAINER SERVICE Accaptmf FCL/FCI Contamn P (tear* S port Bn IMb AM Sy4 Fr«i IMS" 17 Apr 19 Apr 30 Apr 10 Ma,
      661 words
    • 493 18 3 SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 -14 LINESi TERMINAL OFFICE *****83 TELEX RS ?4S9b RS 2SS6B A B CARSHIP CABLE CARGOSHIP Sail I'S'r Lints WEEKLY CONTAINER SERVICE to/from BANGKOK ta ft/17 Apr lt/l» Apr 24/29 Apr 2V24Apr 3/4
      493 words
    • 668 18 KORINS MARITIME SERVICES m Room 601. ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 LTD MIDDLE EAST/RED SEA/EUROPE SERVICES STORE ■wwtW IJ. IMir AKSffl. 7 thy P KELANG LOADMG FOR: Bind* Mkat/B Khonwn Damufl Kmat o*>» \U \c~ -—A A SAM ICK LIIMES mcinkc' e< nit
      668 words
    • 667 18 INTRASEA (PTE) LTD Faber House 234E Orchard Road Singapore 9 Telephone *****11 "*****57 rv\ yoia»Mtig» V- KfliM wiftmon service to europe Spore P Ketanf Penanj Lu*f tar MOINBIO4 ki Port SaAed BOUIOOK/UK (AVON) AMNGEL ENDEAVOUR N8105... 21 Apr 23 Apr ROTTERDAM/ UK (AVON) ANANGEL HARMONY NBIO9 NORASM NBIIO Saifapare 4
      667 words

  • Page 19 Advertisements
    • 568 19 t TO EUROPE/UK (VIA SUEZ): N. JADE 2W HK CONTAMR2SW+. C. CONTAINER 11N N. GARNET 5W K. CHANCE 3W S.S. BUDGE 31W C. RO2E 25* Also accepting cargo to/from Scandinavia HK CONTAINER S'pore Closing Times. FCL Cargo 1400 21/4 LCI Cargo 0200 21/4 FROM EUROPE (VIA SUEZ) S.S. BRDGE 30E
      568 words
    • 357 19 MALDIVE LINES ETA KUAHTAN ETA FORT KELANG MALDIVE PROGRESS 5/5 8/5 Loading For Kuwait MALDIVE PIONEER 30/4 Loading tor Jeddah MALDIVE HOVEL 30/4 Loading tor Jeddah MALDIVE PEACE 30/4 Loading For Jeddah/ MALDIVE MPORTER In Port Loading For Male MALDIVE ICIOfiOUt 5/5 10/5 Loading For Muscat/Dubai/ Dammam/Kuwait MALDIVE PLEDGE 10/5
      357 words
    • 84 19 SINSOV SINGAPORE SOVET SHAPING CO PRIVATE LTD SVtSOV BULOMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG POMNS M/S SHARK AT NAM SOON SON. BHD IST AND 2ND FLOOR MKSB HAI THONG IMIK 23
      84 words

  • Page 20 Advertisements
    • 642 20 FLE FREIGHT LINKS EXPRESS PTE. LTD. u, 1443 it* Fkar. MwJwl Rui Itaw *«< 3«W<" >207 Tot *****45 (5 lmo> *****94 T*.: US ***** FRTMMI Australia-lnterfreight Una Accoptmf FCL and LCI to Sydney. Mefcoume, Brisbane. Adelaide, Fremantie. New Zealand Auckland. Lyttetton. Neßnfton. Napier and Dunedin Europe/U.K./U.S. A./ Canada Al Major
      642 words
    • 350 20 fk JOHORE SHIPPING LY 161 lAIAN TFNGI Wcc** shani IFNGKU BAOAR PORT KFIANG SEIANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD k Express Unrtload Service from P Keiang i East Malaysia t Brunei (Accepting cargo for palletising in LPK Gdn No 3 (South Port) SBINTULU CONTRACTORS SDN. BERHAD 37. Pandunfan Road. Kuctong,
      350 words
    • 320 20 •F WOOD LINE Bulk Timber and Plywood Service LOADING FOR NANTES/RD AM/TILBURY (Other UK destinations acceptable) Vessel Spore PKelang T. Ayer GRAND GLOBE ML 003 27/4 23/4 30/4 WL 004 15/5 24/5 19/5 SILVER MNE Wl 005 25/6 15/6 20/6 General Agents:Wood Line (S) Pte. Ltd. Tel: *****11/*****93/*****42 K. Lumpur:
      320 words
    • 290 20 Kline KINKAI KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe Spore P KetongPen** S pore Tokyo Kobe MOMMY Iff 10/4 12/4 22/4 24/4 23/4 2S/4 5/5 0/5 NORDSTMV3 27/4 2t/4 10/5 12/5 13/5 15/5 21/5 29/5 Baurttad SMppnt *****4/*****5 U r na r 1 iWIBH UVNMI
      290 words
    • 437 20 OCEAN LINES REGULAR NOW CONFERENCE SERVICES IKDfTERRANEAN SEA SERVICE (Abe Kctptmt carp tor fcteka Boufjji Constaiui sublet to mdnceawflt I S pore P Ming Pmmi Load** lor EASTERN PEARL 7 May Pvt Sjid/Meiandna/Lanmtf nram/BM/Lattrida/ OWNED VESSELS SAGASIA PTE LTD. (LOUIS DREYFUS GROUP Of COMPANIES* t* azu» oum) ma rs mm
      437 words
  • Page 20 Miscellaneous
    • 160 20 100£ Regional Weather P: 4 a I' 2 o m fm >$ > «T> m h. .r *^o e^' C yA Wim Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND*. R Thunderstorm Temperature °C Shower Weather w >nd direction
      160 words