The Business Times, 18 June 1981

Microfilm: NL11165
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, JUNE 18, 1981 60 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Taipei aims for 8pc
      100 1 Reuter TAIPEI, Wed. Taiwan's annual economic growth between 1982 and 1985 will be set at 8 per cent, according to a draft plan by the Council for Economic Planning and Development today. The plan has set export and import growth at 10.9 per cent and 9.2
      Reuter  -  100 words
    • Article
      Lock icon Hobib returns to Israel
      91 1 Reuter TEL AVIV, Wed. US peace envoy Philip Habib returned to Israel, apparently to report failure in his efforts to have Syrian missiles removed from Lebanon. He brushed aside questions at the airport, including those about Syria's refusal to remove its Sam-6 missiles from Lebanon. An
      Reuter  -  91 words
    • Article
      Lock icon Epic failure
      55 1 UPI HOLLYWOOD, Wed. Transamerica Corporation has acknowledged it could lose as much as US$44 million on the movie Heaven's Gate, a figure that would make it the biggest money-loser in movie history. The epic western's dismal showing helped trigger Transamerica's pending sale of United Artists, its movie subsidiary,
      UPI  -  55 words
    • Article
      Lock icon Trident sets sail
      62 1 UPI GROTON (Connecticutt), Wed. The United States' first missile-firing Trident submarine headed for the north Atlantic today for its first sea trial as peace groups protested on land and sea and a Russian spy ship stood by. As day broke and helicopters hovered overhead, the USS Ohio
      UPI  -  62 words
    • Article
      Lock icon Deadlock in choice
      68 1 Reuter VIENNA, Wed. The search for a new Directorgeneral of the International Atomic Energy Agency is deadlocked, with the Soviet Union blocking the Western choice. Diplomatic sources said the agency's 34-mem-ber board of governors meeting here is seeking a replacement for Dr Sigvard Eklund, 70, who took
      Reuter  -  68 words
    • Article
      Lock icon Soviet base set on fire
      76 1 UPI NEW DELHI, Wed. Afghan guerillas set aflame a Soviet air force base just north of Kabul, exploding huge ammunition and fuel depots and forcing Russian MIG jetfighter bom}> ers and helicopters to flee. A Western diplomat said the guerillas poured petrol in the ditches
      UPI  -  76 words
    • Article
      Lock icon Disappointing results
      75 1 Reuter MOSCOW, Wed. The Soviet Union today announced what Western experts see as generally disappointing industrial production figures for the first five months of 1981. According to official statistics published in the economic journal Ekonomicheskaya Gazeta, industrial output from January to May grew by 3.2 per cent against
      Reuter  -  75 words
  • Chief Price Changes
    • Article
      SINGAPORE
      133 1 Rises Indices Raleigh 700 Hong Leong Ind 1900 H Leong Fin 1230 Tong Meng 360 Pegi Msia 1380 Tractors 730 Perlis Plant 820 Dunlop Ind 830 Olympia 314 Metal Box Spore 520 P M R I 750 Falls Paramount 815 B Sembawang 570 Taiping Textile 535 Kings 540 Chem
      133 words
    • Article, Illustration
      KUALA LUMPUR
      150 1 Rises Indices H L Finance 1370 150 June 16 June 17 Raleigh 750 150 BT Index: *****1.87 *****3.70 H L Ind 2080 120 Industrials: 1189.81 1194.76 Pac Dev 1490 90 Finance: 1881.30 1928.42 Tasek 1030 80 Hotels: 519.16 519.05 M Oxygen 570 60 Properties: 1231.47 1233.96 Tong Meng
      150 words
  • Article
    MUI in HK$600m property deal
    720 1  -  PURCHASE FROM CHEUNG KONG By THE CITY STAFF MALAYAN United Industries (MUI) has successfully negotiated the purchase of a property worth nearly HK$6OO million from the giant Cheung Kong Holdings group. MUI said yesterday it was acquiring the 17-storey East Ocean Centre building in a
    720 words
  • Article
    Poor response to Hong Fok issue
    237 1 THE response to Hong Fok's public share issue has been far from overwhelming. When application closed yesterday afternoon, managing underwriter Wardley Ltd found that the issue of 16.5 million shares at $3.80 each was oversubscribed by about two times only. In other words, applications
    237 words
  • Article
    Textile talks with US postponed
    472 1  -  By FONG MEW LENG NEGOTIATIONS between Singapore and the United States for a new agreement under the Multi-fibre Arrangement have been postponed and no new dates have been fixed. The two countries were scheduled to meet this month and both sides had hoped to come
    472 words
  • Article
    Study on extent of pollution
    320 1 A JAPANESE team is now in Singapore to help the Jurong Town Corporation assess the extent of pollution that will result from a proposed coal-fired power station. The proposed station, the feasibility of which is being examined by a UK consultant employed by the Public
    320 words
  • Article
    Market index rises 11.9 points to record high
    288 1 GOOD demand far betterquality stocks sent the Straits Times Industrial Index to u all-time high at toe stock exchange yesterday. The M-stoek market bars meter rose 11.93 points to 94€.(1, breaking last Thursday's record sf 937.M. The OCBC Index miss reached a
    288 words
  • Article
    Changi cargo complex not fully ready for agents
    509 1  -  By WANG LOOK KEAH THE Cargo Agents Building will not be fully ready when the Singapore Changi Airport opens in two weeks' time. The delay in completion of the $20 million cargo complex was caused by a shortage of building materials and
    509 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      6 1 Car Audio Specialist FUJITSU TEN LIMITED
      6 words
    • Advertisement
      Page 1 Advertisements Column 2
      155 1 SO YOU STIII SMOKE? THEN LET'S TALK TEETH You wouldn't use a scouring agent to clean bone china, would you? It's the same with teeth. Vet ordinary toothpastes are too bland to remove tobacco film, and tea, coffee or other stubborn stains. The answer? New Clinomyn the toothpaste specially formulated
      155 words
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      Page 1 Advertisements Column 3
      76 1 TAN Chee Koon calls lor par don of Harun SURGE In export orders sur prises Germans FORUM on punctuality cam paign of Chinese chamber SHIPPING TIMES AILING Hvtex given new lease of Hfe II NEW High Court judge sworn in 12 KUWAIT reluctant to cut oil output 12 TV AND
      76 words
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      Page 1 Advertisements Column 4
      110 1 GOOD =fj>] :r< MATTERS ar Climes Bookshops iMfiOxtwdlwrr Kuban.** loim I*Hr •SWC«A*.ISTS CfH'ftt •0»0£f»-«»*i Oi*m<3 71*277? Oc*»c V 131 M ••Ol'Mmojh The performance of a console-size copier, without its cost. v.'*'rCV 4 BP The desk-top size Ricoh DT1750. Clear, crisp copies 35,000 copies or more per month Saves on operating
      110 words
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  • REGIONAL
    • THE REGION IN BRIEF
      • Article
        Lock icon PROTEST IN SHANGHAI
        325 2 Agencies SHANGHAI police confronted several thousand people who held a demonstration yesterday in protest against unemployment and living conditions. An eyewitness said the police intervened and started arresting demonstrators who had gathered in Nankin Road in the city centre. THREE mini hydropower projects in Peninsular Malaysia, with
        Agencies  -  325 words
    • Article
      Lock icon Officers fall into NBI trap
      147 2 AFP MALAYSIA'S National bureau of Investigation (NBI) has arrested three immigration officers, bringing the total number of people arrested this year to 35 in its crackdown on corrupt civil servants. NBI sources said a team of officers set a trap and arrested three immigration officers
      AFP  -  147 words
    • Article
      Lock icon Tan Chee Koon calls for Harun's pardon
      607 2 AFP VETERAN Malaysian politician and former opposition leader Dr Tan Chee Koon has called (or a Royal pardon to the former Selangor Mentri Besar, Datuk Harun Idris, who is now in prison for corruption and forgery offences. In his weekly column in The
      AFP  -  607 words
    • Article
      Lock icon Forty-two agree to attend UN conference in July
      284 2 AP FORTY-TWO countries have agreed to attend a conference on Kampuchea that UN Secretary-General Kurt Waldheim plans to convene in New York next month. But 11 others said they would not be there. A UN Secretariat list of replies to Dr Waldheim
      AP  -  284 words
    • Article
      Lock icon Landslide victory for Marcos
      241 2 AFP PRESIDENT Marcos has won an overwhelming victory in Tuesday's presidential elections with official returns indicating he received 86 per cent of the vote. With 30 per cent of the votes counted by midday yesterday, officials said the president had won 86 per cent of the
      AFP  -  241 words
    • Article
      Lock icon Sale of US farm goods to China doubles
      206 2 AP BETTER relations with China have more than doubled the sale of US farm goods there. But the US is buying more Chinese products too and not such prosaic ones like wheat and cotton but goods that carry a whiff of the
      AP  -  206 words
    • Article
      Lock icon CPA workers strike
      175 2 UPI GROUND workers for Cathay Pacific Airways (CPA) called a three-day strike early yesterday to press demands for pay increases. The strike threatened to disrupt one of Asia's busiest airports because Cathay staffers handle 40 per cent of the total amount of passenger baggage. The union, which
      UPI  -  175 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      789 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0010 NYC/SFO/HKG MAS MH601 0630 KUL MAS MH680 0645 KCH P1A PKT72 0730 KHI CMB KUL SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI421 0930 BWN MAS MH671 1000 PEN/KUL SU SQ201
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      137 2 the This is 4 it 4' .tS \m U=i Lj -v X zDidyoiibuy a reproduction? The Xerox 2300 marks a and features no wet toner remarkable new step in the copier can match plus two long innovative tradition of unique propositions: to back it up. So when you're looking at
      137 words
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  • OVERSEAS
    • Article
      Lock icon Reagan tones down criticism of Israel
      507 3 UPI ISRAEL should have considered other options before attacking Iraq's nuclear reactor, President Reagan told his first news conference since the attempt on his life on March 30. But Israel had "reason for concern" and he did not consider the country to be a
      UPI  -  507 words
    • WORLD IN BRIEF
      • Article
        Lock icon US MISSILES FOR KUWAIT
        403 3 Agencies THE US Defence Department has told Congress that it intends to sell 60 improved Hawk anti-aircraft missiles to Kuwait which six years ago bought an earlier version of the missile. The US$l5O million contract also provides for spare parts, technical aid and training Kuwaitis in
        Agencies  -  403 words
    • Article
      Lock icon Optimistic outlook for US business
      207 3 AP BUSINESS optimism about the economic climate in the US and the government's ability to fight inflation has taken a sharp turn upward in the latest quarterly Business Confidence Survey conducted by the US Chamber of Commerce. In the spring poll of 1,027 business executives,
      AP  -  207 words
    • Article
      Lock icon Canada said to be overly protective
      77 3 AP CANADA is breaking every rule in the book on international trade to protect over ly-coddledm anufacturers in Ontario and Quebec, says Keith Dixon, president of the Canadian Importers Association. Mr Dixon said this on Tuesday before testifying at a parliamentary committee studying a
      AP  -  77 words
    • Article
      Lock icon US and allies disagree at OECD meeting
      578 3 AFP SHARP differences between the United States and its West European partners over policies to tackle the world economic crisis marked the final day of the Organisation for Economic Cooperation and Development's (OECD) annual ministerial meeting in Paris yesterday. French Foreign Minister Claude
      AFP  -  578 words
    • Article
      Lock icon West German economy
      668 3 Reuter A STRONG upsurge in export orders has lifted some of the gloom hanging over the West German economy, but there is no sign yet of an economic upturn. Although latest official statistics show a massive 3.3 billion deutschemark April trade surplus and sharply higher demand for
      Reuter  -  668 words
    • Article
      Lock icon Thatcher defends her monetarist policies
      421 3 AP BRITISH Prime Minister Mrs Margaret Thatcher said she will not alter her antiinflation tight money policies to soothe critics in her own party who want more government spending to counter rising unemployment. Speaking at a dinner of the Confederation of British Industry on Tuesday,
      AP  -  421 words
    • Article
      Lock icon Mexico may restore cut in oil price
      188 3 AP THE DECISION by Pemex, the Mexican state petroleum monopoly to shave US$4 a barrel off the price of its heavy crude oil on June 1 was "precipitate" and the cut may eventually be restored, said Natural Resources Secretary Jose Andres De Oteyza.
      AP  -  188 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      56 3 See leader page 6 i W mwm M8230E t ;^»r' .1 THE NEW MERCEDES-BEN Cyde Carriage Group Orchard Road Showroom, 41/4 J, Orchard Road. Spore W2 V Tel: *****11 Marine Parade Showroom, 750 BUxk Marine Parade (next to L.brarv). Spore 1544 Tel: 344%\t Parklane Showroom, Ground Floor. Parklane Complex, Selegie
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  • RAW MATERIALS
    • Article
      Hard times for Malaysian palm oil refiners
      896 4 HIT by higher raw material i costs, excess capacity and t depressed overseas demand i and prices, many local 1 palm oil refiners are fight- ing an uphill struggle to make ends meet. i Mr Dennis Tan, executive < vice-chairman of the Palm
      896 words
    • Article
      Lock icon CRUDE PALM OIL PRICE RISE
      184 4 Reuter LAST WEEK, the local price of Malaysian crude palm oil for June delivery reached about MJI.IBO a tonne, the highest price since late 1978. As the supply tightness which became fully apparent about a month ago continues, market sources in Kuala Lumpur said that
      Reuter  -  184 words
    • Article
      Lock icon Coffee price decline follows ICO talks
      469 4 NYT WORLD coffee prices fell sharply on Tuesday, hitting the lowest levels for 5 1 years. This latest decline in the market followed the failure of the emergency meeting of the International Coffee Organisation to agree on an immediate cutback in supplies. Instead, the
      NYT  -  469 words
    • Article
      Straits Tin
      97 4 THE STRAITS tin price in Penang yesterday fell three cents to M 529.36 a kilo, still within the ITA lower range of $27.28 to $3MI, dealers said. The market failed to react to a steadier overnight London market, sterling's recovery against the Malaysian dollar and lower offerings of
      97 words
    • Article
      CLOSING PRICES
      34 4 Rubber: June 17 Singapore: July: 252.00 cents (down 2.00 cents) Malaysia: July: 273.00 cents (down 1.50 cents) Tin: M 529.36 per kilo (down 3 cents) Official offering: 150 tonnes (down 100 tonnes)
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    • Article
      SOYBEAN
      123 4 SOYBEAN futures in Chicago on Tuesday finished near the bottom of a 9 1 i cent range, off five to 9' j cents a bushel in revived trade. Values declined from the start on carryover speculative selling following Monday's technically weak close. General trade sentiment was that the market
      123 words
    • Article
      Produce exchange
      180 4 CHINESE Pradaee Exchange, Singapore, noon closing prices per lit kg yesterday. Coconut oil: Bulk fob $116.00 sellers, old drum (in second hand drum) fob 1129.00 sellers, new drum fob $135.00 sellers. Copra: Mixed (loose) $69.00 buyers. Pepper: Muntok white pepper fob Asta NLW $407.50 sellers. Sarawak white pepper
      180 words
    • Article
      TEXTILES
      183 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cotton yarn: China Blue Phoenix 20s 2,340; 32s 2,870, 40s 3,050 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      183 words
    • Article
      RICE
      330 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.34, 100 per cent second class unq. 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
      330 words
    • Article
      RUBBER
      287 4 THE Singapore market yesterday closed weaker with July One RSS buyers quoted at 252.00 cents per kilo, down two cents from Tuesday's close, dealers said. The morning market eased 0.50 cents mainly on profit-taking after a higher opening, they said. Prices weakened 1.50 cents in afternoon trading on continued
      287 words
    • Article
      RAS PRICES
      399 4 RAS prices In cents per kilo yesterday Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int t R.S.S prompt f.o.b 243 50 244 50N 242 00 243 OON Int 1 R SS July 253 50 254.00 252 00 252 50 lnt 1 R.S.S. August 256 50
      399 words
    • Article
      SSR and SMR
      130 4 NOON SSR and SMR p 1 I RAS Jnty August (Current Mtk) (Forward Mltai Buyer* Seller* Buyers Sellers SSR 20 (1-tan pallet! pallet k ***** 221.00N ***** 223 OON SSR SO (1 Ion 216-50 218 SON 218 50 230 SON MRELB SMR CV <1 ton pallet* pallet)
      130 words
    • Article
      LONDON MARKETS
      697 4 COFFEE: Robusta futures ended the midday call near the morning's highs, unchanged to about £5 a tonne lower as trade and commission house buying supported prices. Dealers also noted some profit-taking and scattered short covering at the morning's lower levels. Turnover totalled 1,689 lots. SUGAR: Futures opened £7.30
      697 words
    • Article
      WHEAT
      206 4 WHEAT futures in Chicago on Tuesday closed near day's lows, down five to 2 l /t cents a bushel in moderately active trade. Aggressive buying by the large professional house, estimated at 2.0 miUion bushels of December, underpinned prices in late trade, dealers said. However, values remained on the
      206 words
    • Article
      PALM OIL
      145 4 THE Kuala Lumpur market yesterday was easier at the close on nearby selling in line with lower Kuala Lumpur Commodity Exchange values, dealers said. Trading was quiet with the south easing Msls to $1,140 in June. In July, the central region fell $2.50 to $1,115 while the south
      145 words
  • ASIAN STOCKS
    • Article
      Hongkong
      251 4 THE market yesterday retreated under a wave of local selling as small investors continued to take profits after the recent sharp gains. The market opened firm but was soon swamped by sellers. A mid morning rally fell short selling increased towards the close and the market finished at its
      251 words
    • Article
      Bangkok
      122 4 STOCK prices yesterday closed generally lower in an absence of buying support, dealers said. Bangkok Bank fell two baht to 252, Saha Union two to 160 and Jalaprathan Cement one to 107. Thai Commercial Bank rose two to 386 and Asia Fibre gained one to 152 JUNE BahU Asia
      122 words
    • Article
      Shares recover
      544 4 TOKYO SHARE prices yesterday recovered steadily from Tuesday's late setback led by big capitals as initial profit-taking was exhausted and selective buying revived among bargain priced issues, dealers said. The market average rose 8.78 to 7,705.30 in active trading with volume 750 million shares. The Tokyo Stock Exchange
      544 words
    • Article
      Stocks close uncertain
      384 4 SYDNEY STOCKS yesterday closed quietly mixed amid uncertainty over the direction of US interest rates and proposals by the US to sell about 105 million ounces of silver from its strategic stockpile, dealers said Confirmation the Blina no 1 well had flowed only water during its latest
      384 words
    • Article
      Manila
      87 4 JUNE IT Peaoa Aco>je Mlnlnf .0066 -t-0.0002 Aliu Con A AUai Con. B. »j00 -OS Bafulo Qold Bencuet Con. B van unch BF Goodrich 10 10 0.1 CDCP uo -03 LarxJoil Lepanto B .IIS -0.0025 Marlnduque B (JO unch Oriental A Oriental B OM -0.006 Phil Or*r*e*j sm -0.001
      87 words
    • Article
      Selected indices
      53 4 FINANCIAL TIMES INDUSTRIALS Tuesday 55! Monday 547.8 Week Ago 545-6 DOW JONES AVERAGE INDUSTRIALS Tuesday 1003 33 Monday 1011.89 Week Ago W4 44 H.K.HANC SENG Wednesday 1728.57 Tuesday 17 61.15 Week Ago 1734.25 AUSTRALIAN INDUSTRIALS Wednesday Tuesday Z1Z"? Week Ago 747.7 ALL ORDINARIES Wednesday 712.1 Tuesday Week Ago
      53 words
    • Article
      LPG plant
      88 4 MARUBENI Corp and Kobe Steel Ltd have won a joint 60 billion yen order to build a liquefied petroleum gas (LPG) plant in Algeria, Marubeni said. The contract, awarded by the Algerian national oil and gas co, Sonatrach, to build a plant at the Hassi Rmel Natural Gas
      88 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      76 4 MEZ Electric Motors (Czechoslovakia) Mez electric motors well-established in Europe Middle East, Thailand and Indonesia are now available in Singapore among best quality products made in Europe most competitive prices over 3,000 units (0.37 kw to 75 kw available ex-stock) full spare parts and service support Ta r 7A V
      76 words
    • Advertisement
      Page 4 Advertisements Column 2
      30 4 Jilani Jut* And TaxtHa Mill* Malaya Barhad Gonuino purehmr wtehM to purchaoo iharM in tho ibovt company. B.T. Box A ***** I*-* l n rinatrial wtw irKiuiinti noto Singapore 1953
      30 words
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  • TRADE AND INDUSTRY
    • Article, Illustration
      MECOMB PLANT COMMISSIONED
      253 5 AN automatic effluent treatment plant designed and built by Mecomb Singapore has been commissioned at the new Changi International Airport. The $500,000 plant will treat effluent discharged from the SATS maintenance centre and SlA's plant and equipment centre. The SATS maintenance centre services about 600 airport vehicles
      253 words
    • Article
      TRADE TALK
      365 5 ABOUT 60 representatives of material suppliers and paint companies will attend a seminar on techniques in painting and material handling on June 19. The one-day seminar is organised by Mecomb Singapore, a Sime Darby subsidiary. Mr Ray King, sales director (Far East), and Mr Don Tibbits, training manager
      365 words
    • Article, Illustration
      Keeping tabs on boiler efficiency
      185 5 Energy is precious Save it A PORTABLE device for measuring the efficiency of boilers and furnaces is now available. The microprocessor-based energy-saving device, called the Fluegas Analyser, was developed in Britain by a government research and development organisation. Mr Alf Humble, managing director of Engineering
      185 words
    • Article
      Cement
      47 5 MR Ong Leng Chuan, chairman of Singapore Manufacturers' Association and a director of Pan Malaysia Cement Works, will open the fifth council meeting and second conference of the Asean Federation of Cement Manufacturers today. Seventy-five delegates representing cement manufacturers in the region will attend the meeting.
      47 words
    • Article
      Building material survey
      226 5 THE Public Works Department will conduct a detailed study to determine the availability of granite, sand and brickclay in various parts of the island. The project will be carried out with the assistance of the United Nations Development Programme which will be spending more than $500,000 to
      226 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      166 5 THE executive chairman of Marac Merchant Bank (SEA), Mr Ma D Roof, has been honoured by Queen Elizabeth n in her honours list announced by the Governor Genera] of New Zealand, Sir David Beattie on the observance of her birthday. Mr Rose has been made a Companion
      166 words
    • Article
      MEMO PAD
      697 5 SEMINARS AND COURSES June 6 and 20: Motivational Selling Seminar, SIM Conference Room, Singapore Institute of Management June 12-July 6: CDP Module 5 (Computer Management), NPB Cuppage Centre, NPB June 15-19: Foreign Exchange Workshop, Marco Polo Hotel, Bank of America June 15-July 17: EDP I (Business Management) Module
      697 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      259 5 THE FIAT 131. WE'VE NEVER BEEN AFRAID OF A LITTLE COMPETITION. kk. t We don't mind you comparing our Fiat 13l with other cars. After aIL we are used to competition. Fiats have been showing their worth at international rallies for years. And last year a modified 13l won the
      259 words
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  • Article
    Barking up the wrong tree
    488 6 DEPARTMENT OF Trade officials cannot look forward with pleasure to the prospect of having three sets of textile talks piling up in the last quarter of the year, particularly if the talks with the US and Sweden should in any way divert manpower from, and
    488 words
  • Article
    Finger pointing is not the answer
    165 6 ALTHOUGH ministers of member countries of the Organisation for Economic Cooperation and Development are meeting to map out an economic programme to meet the world's economic crisis, cooperation is far removed from their minds. What are foremost on their minds are the economic hardships
    165 words
  • Article
    Award of training grants from SDF
    318 6  -  r 1 Letter to the Editor L A FOO MENG TONG Administrator Skills Development Fond Dear Sir, Your feature article "Circumscribed by the 60hour limit" in Business Times, June 15, 1981, is unfounded. The Skills Development Fund does not and has never used a
    318 words
  • Article, Illustration
    Lock icon Pleasant surprise for the West Germans
    2075 6  -  A sudden surge in export orders has taken most German industrialists by surprise. But it comes at a time when some indicators suggest the German economy could be turning upwards. Bonn is still preoccupied with the effect of high interest rates and a large
    FT; Source:  -  2,075 words
  • Article
    Lock icon Close to 400 items
    426 6  -  INDONESIA'S NON-OIL SECTOR By ISA ISMAIL Reuter THE INDONESIAN government, faced with criticism that it has placed too much reliance on oil exports, has embarked on a liberal promotion programme to boost earnings from sales abroad of items other than oil and gas. The Trade Ministry
    Reuter  -  426 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      667 6 TWO-IN-ONE CKOSBWOKD CRYPTIC PUZZLE ACROSS 1 Dart out in the garden? (5) 6 That's brilliant, Mr Gordon! (5) 9 They're luminous in a heavenly way (7) 10 New area of grass (5) 11 Like a day when one is under a cloud (5) 12 He had to be to the
      667 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      785 6 Ann Margaret entertains ANN MARGARET shews viewers of tonight's nanday Eatertalameat Special (channel 5, ll.lt) the silent majority In HoUywood. She will expose the women in hind the cameras from wardrobe ladies, hairdressers, script girls and dancers right np to the actresses themselves. In her trlhnte to the Hollywood movie
      785 words
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  • Article, Illustration
    Lock icon GREAT BURDEN LIFTED
    916 7  -  What are Prime Minister Begin s personal feelings towards Israel's attack on Iraq's nuclear reactor? According to DAVID SHIPLER, Begin defends the raid, affirms his faith in what he calls Israel's friendship and alliance with the US and hopes that the bombing attack would induce France and
    NYT  -  916 words
  • Article
    Pity if SCCCI punctuality campaign fails
    810 7  -  FORUMi ...with Foo Choy Peng THE INVITATION card showed clearly that all the guests should arrive by 7.30 pm. It was already an hour and a half past that time but every table still had its generous quota of empty chairs, and the food
    810 words
  • Article, Illustration
    Lock icon Fierce battles in the election arena
    919 7  -  The Israelis have 31 parties from which to choose with the big parties fighting it out on the television screen. By ALAN ELSNER Reuter IN THE SHADOW of the Middle East missile crisis, amid the uproar over Israel's attack on the Iraqi nuclear plant,
    Reuter  -  919 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      85 7 COCKTAILS? The Holiday Inn has a way of turning out the finest at cocktail receptions. And making important occasions impressive celebrations. With splendid service and a superb range of sumptuous spreads. Accompanied of course, by the usual drinks and our to keep your guests in V us see to the
      85 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      42 7 EolStx3W':Fmi^l)ictos Wou DO ue PLAY lets PLPW 'cHesTep-^RRy PRODUCTS HOST G€f T V4COOGM Tv 4€. GONDITOHS fc«£ P»G>FMNSTuS. Blroc: ice mpceiue %y>cs T«epcweßoos p<nd toe£u>*g rx? HP<5 ViS»e»»LiTy DOUJN I TO NIL ..uje:fie-Tit?ep *ndour RRms IS THftT FN e>V > D<?IVGJ2S Of Ttoo
      42 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        190 8 JUNK 16 na abn 304 0C 8 Ahold 7400 *05 Alio *70 *08 amev tow 07 Amfftt 102.00 unch Amrobnk 57.40 14 BerfOM 35 00 -1 Berk 47 80 1J BoU 83J0 08 BorsumtJ moo J Burhmann MSO 0J Ctitnd 37 00 03 Caive Delft an.00 -2 Dell M1J
        190 words
      • Article
        Paris
        231 8 JUNE 16 Frs CORBEILLE Alr-Llquide B S N Oervals Danone C S F (ThomsonCat) C»e Francalae de» Petroles ***** 8W 20# 303 >34 103 Compafnlr Compafnle Oenerale Credit Fonder 306 15 Hachette (Llbralrle) Machines Bull 280 42 14 3.3 Ptrlbu Pechtney Clglne Kuhlmann 182.80 73.90 &1 L» Philips (N
        231 words
      • Article
        Brussels
        95 8 JUNE 16 Fr» FORWARD MARKET Acec 285 -2 ArhMi 1188 6 Astur 308 26 Brmjcan 1118 -22 Bru-L&mb 1074 -8 Cinpic 1530 -6 Cock 148 -8 De Beert 293 -4 Ebes 1840 26 Eleclrobel 3830 20 Gb-Inno-Bm 1775 -25 Oev 1218 6 Hobok 2150 40 Petro 3700 -10 Ryl
        95 words
      • Article
        Frankfurt
        200 8 JUNE IS Dm Aef-Telcfunken SO 00 -0» Akao DM Alls Leben Alls Vers BASF Bay H T WbanS Bay Vbank Bayer BBC *****0 470 00 130 40 194 00 2TB00B ***** «> -1 -OJ ♦•A 06 BMW Cassella Chem Vera Commrnbtnk ConU Qummi ***** 300 00 340 00 *****
        200 words
      • Article
        Zurich
        187 8 JUNE l« Prano Action* Sulaae* Alujuiaae Br. Aluiulaae Ret Brown Boveri Br. CM* Oel«y Br. CI be Oel*j P C Cite Oelfj Rcy Credit Sulw Br Credit SuIik Ret Elektrowalt Br. Oforff ruchcr Br Olobu* Pc Hero Br Hoffman La Roche 1/10 Holder-ban* Br Inter food Br. Jelmoli Br
        187 words
      • Article
        Milan
        73 8 i« J Anlr Amor Ocn Baitofi Central* Flat Arr ■m 1&I400 350 MOO ino u Flnilder Oen lmmob in Pn 2190 M01 lUktnmu itaitaa Ilalalder Munru w 3M00 lo-re ■i Pf on E are III Ere •4M suae *****0 M M iralaiua ondadori ***** 7530 b ontedan oMa Bio
        73 words
      • Article
        JOHANNESBURG
        283 8 JUNE Rand INDUSTRIALS A Alpha 406 UHCh Aberrom 410 -5 AE And CI aw unch AUir HQS Barlows 1000 -10 Cf Sufar 1850 25 CNA 620B Cum* Finance 225 unch De Been Ind Uran 630B Edcan 8100B Eve ready Fed Vol It SIS unch Pu«tt WD unch Oardlan Otenant
        283 words
      • Article
        TORONTO
        192 8 JUNE 16 C* A MUM Alctn Myoma JJj Bank Mont Bank Nova Scotia *7* Bell Tel Be in Corp BP Can Ltd Braacan Camp Red Lake Can Imp Bk Can pax Can par In* Pf J?** Carting OTCeefe 1* Comlnco -1 unch -H H -H unch Com Mart* nor
        192 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      232 8 The American Express Card serves you well, wherever good food is served" iere to wine,dine Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holiday-eves). For full details of the
      232 words
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      Page 8 Advertisements Column 2
      134 8 lubertus Srill For lunch. For dinner. For a richly rewarding experience. Businessmen s Lunch Monday to Friday $19 50 10'o service charge 3 1 t> cess Javanese Rijslaffel Saturday K- Sunday $17 50 10'W service charge 3'V> cess Jk(§ ciilui'v I 'j irk SI i«m*j lit >ii S»i i iyi
      134 words
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      Page 8 Advertisements Column 3
      232 8 <|:~:$|_:*^:>/!<&})]+^:,/^\@~~{ ,fi; i IT; rsi wj !> !rr>Asiiri 5f Their easy style vocal harmony and wide repertoire o> nostdlu* oldies and popular hrts will soothe you into a very related mood At the Imperial Bar 800 pm to 1 00 am rwghtly except Sundays Unwind and rela« with a IMPERIAL
      232 words
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      Page 8 Advertisements Column 4
      116 8 OQGQO Inn Of Happiness 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. A < y a \U The lovely from London Y/r
      116 words
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      Page 8 Advertisements Column 5
      141 8 This is Thai Seafood at its authentic best So fresh it could have been alive 15 minutes before conning to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant WOCttpn nOra Oxley Rise/Penang Road. Singapore 0923 Tel *****11
      141 words
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  • BANKING AND FINANCE
    • Article
      HONGKONG
      78 9 THE US dollar was steady against most major currencies in late exchanges yesterday, dealers said. Trading was quiet with market sentiment underpinned by interest rate factors, otherwise there were no fresh developments affecting the market. Banknote rates yesterday US 5.46 5.48 UK 10.80 11 00 Burma 1.20 1.50 India
      78 words
    • Article
      TOKYO
      81 9 THE dollar for overnight delivery yesterday closed firmer at 221.05 yen, compared with a 220.30 opening here, a 220.05 20 close in New York and a 219.70 close here on Tuesday. The dollar for immediate delivery was untraded for the second consecutive day, compared with 223.43 when last traded
      81 words
    • Article
      London
      39 9 Opening quotes yesterday US 2.0040/50 Can 2.4110 30 Cross 1.2037 40 D Mk 4.6880 6920 D F1 5.2075 2135 S FY 4.0850 0900 B Fr (con) 76.49 57 F FY 11.1350 1505 Lit 2339.25 2342.40 Yen 441.06 99
      39 words
    • Article
      Treasury bills tender
      43 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $140 million 91-day Treasury bills to be issued from June 22 to June 26. Each tender must not be for less than $250,000.
      43 words
    • Article
      Singapore market
      468 9 THE US dollar was traded higher yesterday against other major currencies on the foreign exchange market. Trading on the thin market was generally of a moderate nature. The US dollar opened at 2.3540 50 against the mark and closed at 2.3400 10. The local dollar also slipped against
      468 words
    • Article
      Further rises expected
      314 9 ANOTHER steep decline in the United States' money supply has propelled credit markets upward with the likelihood of further price advances in the weeks ahead. At least as significant as the economic statistics are the monetary data which offer evidence of an economy operating at a more
      314 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.3 per cent.
      22 words
    • Article
      ASIAN $ RATES
      191 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on June 17. US Oollart(Spol) Offer Bid 7 days 18'. 18' 1 month 17 16"« 2 months 17 16 3 months 17 16. 6 months 16*1 16'i 9 months 16 15"» 12 months 15". 15'. Sw.Fr*. Da* 1 month (Middle
      191 words
    • Article
      Discount
      46 9 RANGE of prices offered by discount houses on June 17: Overnight: \>x% toSWS Call deposits: to 6' CWaiag Buying Sclliaf 3-month Treasury bills 6H 6'4 3-month Bank bills 13' i 13H 3 months CD 12H 12 6 months CD 12'4 12 Source: National Discount Co
      46 words
    • Article
      ICB RAISES PRIME
      153 9 A TIGHT m«wy supply situation on the I oral interbank money market has caused the Industrial ft Camerclal Bank to raise Its prime leadlag rate from 13 per cent to 13>4 per ceat yesterday. A ICB spokesman said the con tin an us high overnight rates aver
      153 words
    • Article
      NEW YORK STOCK MARKET
      838 9 JUNE 1* U88 ACT Industrie* 47 Addresaograph 13* Atrco Inc Alcan Alum In 31* -1* Allegheny Lud 40* -1* Allied Chem Cp 53* unch Allied Stores a* Allls-Chalmers 27* Alumhqo Amer Am Airlines 11* Am Brands Inc 43* Am Broadcast 31* Am Can Co 41* -H
      838 words
    • Article
      GOLD
      225 9 SINGAPORE gold futures yesterday closed easier compared with overnight levels in quiet trading, dealers said. Total sales for the day was recorded at 48 lots while kerb volume at 28 lots, they said. Prompt closed weaker at U*****.50 466.50 an ounce against 465 468 on Tuesday, August at 476.00
      225 words
    • Article
      Silver quotes
      46 9 Taw Mm New York 10 15B 10 19B 10 35S 10 39S Zurich 9 95B 10 20B 10 15S 10 40S Wed Tae* Singapore 10 15B 10 20B 10 35S 10 40S Closing prices in US dollars a troy ounce Source: Credit Suisse, S'pore
      46 words
    • Article
      Added advantage
      398 9  -  SMALL U.S. BANK SET-UP By SIOW LI SEN SMALLER banks have some advantages over the larger banks. So despite the keen competition among banks in Singapore, Maryland National Bank, which ranks as the 50th largest bank in terms of total assets among American banks, had no qualms about
      398 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      86 9 restaurant presents Wednesday Fashion at 1.15 p.m. Try our sumptuous Hunan delicacies at no extra charge Exquisite clothes of LITTLE LITTLE HOUSE Suite 284 People s Park Centre •Jf" M-44. Lucky Plaza Eye wear HETRINCO INTERNATIONAL PTE LTD MENRAD SUNGLASSES Models MANNEQUIN ARTS STUDIO 0506, Singapore Shopping Centre Tel *****22
      86 words
    • Advertisement
      Page 9 Advertisements Column 2
      949 9 Hongkong Land Chairman's Statement "1980: A Landmark Year" The Board expects this relationship to be a valuable source of strength to Hongkong Land in the future and, in order to underline its significance, we had pleasure in inviting Messrs D D B McLeod and R C Kwok, respectively a Managing
      949 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2118 10 BID and otter prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Aetna (4
    2,118 words
  • Article
    Unit trusts
    210 10 SINGAPORE 1 NIT TBI ST DIAMOND MOT S'PORK (Miuini' priori i far Ju IS) (Maugera' prim far Ju IS) The Commerce 3 89 4 09xd Diamond S pore Fd US»1 00 The Savings Fund 225 236 s»2 135 S'porr Prog Fund 172 1.81 S pore Sec Fund 2
    210 words
  • Article
    SHARE INFORMATION SERVICE
    2853 10 Gr'a Gr'a Net 1981 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr COOO) i High Low SECTION ONE INDUSTRIAL COMMERCIAL 474 320 Acma 474cd +12 14.5 2.5 3.0 21.9 52 474 464 Alcom 300 10.0 2.0 3.3 25.0 334 130 Allied Choc
    2,853 words
  • Article
    In Kuala Lumpur
    2349 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. INtMSTIUALh Arms (4 60B) xd 4 Irani (3 80S) (5) 3 76
    2,349 words
  • LATEST RESULTS
    • Article
      MURATA Manufacturing
      39 10 said consolidated net sales for its 44th fiscal year were 71.963 million yen. Income before tax and extraordinary item was 10.845 million yen; net income was 4,882 million yen and net income per share was 81.78 yen.
      39 words
  • Article, Illustration
    Market index at another record high
    717 10 Bl'LL£ asserted themselves at the Singapore stock market and the Straits Times Industrial Index sealed to another record high yesterday. The morning opened quiet bat steady with selective buying support and by noon the ST Index had risen 6.41 points to a record high
    717 words
  • Article
    Shares close higher in KL
    624 10 TRADING conditions received a mild boost on better interest and share prices closed higher at the Kuala Lumpur stock market yesterday. The improved sentiment resulted in good gains in selected industrial stocks. In finance. Hong Leong Finance was the star performer. The generally better conditions
    624 words
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  • COMPANY NEWS
    • Article
      United Plantations Berhad replies to KLSE queries
      507 11 UNITED Plantations Berhad (UP) yesterday confirmed that its board of directors "has been approached by several parties having an interest in eventually gaining control of the company." This was disclosed in a letter to the KLSE in response to queries. However, no details
      507 words
    • Article
      Role of MPHB in Malaysia's New Economic Policy
      691 11 MULTI-Purpose Holdings Berhad (MPHB) Is contributing towards the attainment of national objectives incorporated in Malaysia's New Economic Policy (NEP). Any suggestion that the growth of the conglomerate would hinder the achievement of NEP goals is misconceived. This was asserted by Mr Tan
      691 words
    • Article
      API sells subsidiary for $1.2 m
      201 11 ASSOCIATED Plastic Industries (API) yesterday announced the sale of a wholly-owned subsidiary, Mulia Sdn Bhd. for M 51.19 million cash to Sohyan Holdings. The main assets of Mulia are two 23,000-sq ft factory buildings sited on a 70,000sq ft piece of leasehold land in
      201 words
    • Article
      Ailing Hytex given a new lease of life
      2180 11  -  By CHOO AI LENG LITTLE has been heard about Hytex, a manufacturer of polyethylene bags, since trading in its shares on the Stock Exchange of Singapore was suspended nearly five years ago on July 16. 1976. Not that many shareholders really care.
      2,180 words
    • Article
      Suspension on Rothmans lifted
      305 11 THE suspension of trading in the shares of Rothmans of Pall Mall (Malaysia) Bhd is being lifted today following the disclosure of more details on the company's proposed restructuring. Rothmans last Thursday announced that it intends to split itself into two separate public quoted companies in
      305 words
    • Article
      COMPANY BRIEFS
      108 11 GENERAL Seearitles investments said its unaudited consolidated net tangible asset backing per share as at May 31 this year was $2.57. 0 0 0 SYNTHETIC Resins (Malaysia) Bhd has declared an interim dividend of 7 per cent tax-exempt. Completed transfers must be submitted to the company's registrar, Malaysian
      108 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      170 11 > -A Some people say we've got quite a history behind us. As a multi-faceted multinational, I mean. For instance, we've been in the motor vehicle business for some years. Not counting our experience in engines, that is We sell and service the most prestigious car ever to grace the
      170 words
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      Page 11 Advertisements Column 2
      126 11 TODAY SINGAPORE MAKES THE NEWS. From now on The Asian Wall Street Journal is printed in Singapore. With this Singapore edition, the Singapore businessman can really stay ahead. Exclusive, instant coverage of both Asian and major international markets. In fact, due to modern satellite technology the Singapore edition releases the
      126 words
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  • Article
    Lock icon Social Democrats and Liberals launch alliance
    233 12 AP THE SOCIAL Democrats, Britain's newest political party, and the Liberals have announced a new centrist alliance aimed at ending the 60-year domination of British politics by the Conservative and Labour parties. Shirley Williams, one of the Social Democrats founders, and Liberal leader David
    AP  -  233 words
  • Article
    Lock icon Iranians alerted on alleged US plot
    169 12 Reuter TEHERAN'S revolutionary prosecutor called on the public yesterday "to stay on the scene and be ready on the streets of the city to frustrate any plot hatched by US agents". The one-paragraph alert, published by the official Pars news agency, gave no details.
    Reuter  -  169 words
  • Article
    Lock icon Kuwait refuses to cut its oil output
    248 12 Reuter AP KUWAIT refused yesterday to cut its current oil output to the level agreed at last month's Opec conference. Oil Minister Sheikh alKhalifa al-Sabah said Kuwait had already cut its daily output on April 1 to 1.25 million barrels from 1.5 million
    Reuter; AP  -  248 words
  • Article
    Lee meets George Bush
    96 12 PRIME Minister Lee Kuan Yew began his three-day private visit to the United States yesterday morning with a working breakfast with US Vice-President George Bush. Mr Bush delayed his departure for a tour of the western states to meet the Prime Minister. They exchanged views on
    96 words
  • Article, Illustration
    Dhanabalan lists certain 'elements'
    535 12 KAMPUCHEAN ISSUE FOREIGN Minister S Dhanabalan yesterday outlined what may be Asean's stand at the United Nations-sponsored conference on Kampuchea to be held in New York next month. He said there can be no solution to the Kampuchean problem without the following elements: withdrawal of Vietnamese
    535 words
  • Article, Illustration
    NEW HIGH COURT JUDGE SWORN IN
    99 12 LAI KEW CHAI being sworn in as a Judge of the Supreme Court by Acting President Yeoh Ghim Seng at the Istana yesterday morning. His appointment takes effect from July 1. Mr Lai, 41, has been very active in legal activities since he was
    99 words
  • Article
    LONDON STOCKS
    871 12 LONDON, Wed. Share prices closed lower in fairly quiet trading today. At 3pm, the Financial Times index was down 5.8 points at 545.6. Operators were disappointed that no other major US bank joined Chemical Bank at a 19 per cent prime rate and light selling emerged soon after
    871 words
  • Article
    Lock icon DOW JONES SLIPS
    67 12 AP NEW YORK. Wed. The stock market declined slightly this morning, continuing the retreat that began yesterday. The Dow Jones average of 30 industrials slipped 1.90 points to 1,001 43 in the first half hour Declines outnumbered advances by a 5-to-4 margin in the early tally of
    AP  -  67 words
  • Article
    Lock icon Asean ministers ask Hanoi to cooperate
    468 12 Reuter ASEAN foreign ministers opened their annual conference in Manila yesterday with a call to Vietnam to cooperate in the international effort to solve the Kampuchean conflict. They made clear that there could be no compromise with Hanoi on Kampuchea as long as Soviet-backed
    Reuter  -  468 words
  • Article
    Lock icon Japan wants to be more involved
    499 12 Reuter JAPANESE Prime Minister Zenko Suzuki last night said his country wants to play a more active role in world affairs and to move closer to Western Europe, and he promised action to ease the problems caused by the Japanese cars and electronic goods
    Reuter  -  499 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      208 12 ATTENTION! BANKS AND FINANCIAL INSTITUTIONS Are your INTEREST RATES, SERVICES AND OTHER SELLING MESSAGES really read and remembered by your potential customers? Can they be highlighted and read, when you are closed, in the evenings and at night? Can you change these messages on 10 minutes notice? Well, The PEMS
      208 words
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      Page 12 Advertisements Column 2
      146 12 YOUR WAY. THE CAFE-BAR A WAY. XS iv?* ,4i r Cafeßar Serving coffee your way can be a very messy, not-so-hygentc and inconvenient affair Do it the Cafe-Bar way no messy tabletops and sinks or complaining secretaries With Cafe-Bar in your office, your staff business associates and visitors can enjoy
      146 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      67 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few areas in the early morning. Report for 24 hours prior to 7.3 i pm on June 17 at the airport. Maximum temperature 31.9 Associated humidity 64 Minimum temperature 24.0 Associated humidity 97 Hours of sunshine 4.95
      67 words
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  • SHIPPING TIMES
    • Article
      Philippines signs accord with Saudis
      203 13 THE Philippines has signed an agreement with Saudi Arabia providing for a fully containerised service between the two coun- tries to transport water to Saudi Arabia and petroleum products back to the Philippines. A total of 10 chartered container ships will be used for this
      203 words
    • Article, Illustration
      Hapag-Lloyd accepts LCL to New York
      529 13  -  By JAN LEE HAPAG-LLOYD is now accepting less-than-container-load (LCL) cargo on its trans-Pacific service for express mini-bridge delivery to New York. This new facility, which started this month, is in addition to the German line's existing LCL service to Boston and its provision for
      529 words
    • PORTSIDES
      • Article
        Lock icon Rise in May orders
        99 13 Reuter FOREIGN orders received by Japanese shipyards rose sharply to 34 vessels in May totalling 671,329 gross tons from 20 ships at 337,669 tons a year earlier, but down from 40 vessels at 830,789 tons in April, the Japan Ship Exporters Association said. May orders comprised
        Reuter  -  99 words
      • Article
        Lock icon Jardine orders Panamaxs
        73 13 Reuter JARDINE Shipping Ltd has signed a contract with Mitsui Engineering and Shipbuilding Co Ltd of Japan for two Panamax bulk carriers of 67,600 dwt each for delivery in 1983. The order brings the number of vessels on order for Jardine Shipping to 14 and the aggregate
        Reuter  -  73 words
      • Article
        Lock icon Chinese docks improved
        96 13 Reuter LONG queues of ships waiting to unload off Chinese ports, whose facilities have been strained by the rapid growth of China's foreign trade in recent years, are gradually disappearing as the docks improve. An economic official said the queues off Shanghai and other major ports had
        Reuter  -  96 words
      • Article
        Lock icon Search called off
        94 13 Reuter A SEARCH for 31 missing crew members of a Singapore-registered vessel sunk in the Indian Ocean has been called off and they are presumed dead, the ship's agents said. A spokesman said the 10,000-tonne Kota Sentosa, which sank on June 3 on its way to Karachi
        Reuter  -  94 words
    • Article
      INDEX TO ADVERTISERS
      722 13 Shipping Liar Pag' (M Arhipelego vn 4 Adriatic VI 5 Afea VI 3 Afro-Eurasia VI 2 A1 Navigation VI 2 AUtrans VI 5 Alpac VI 5 Angkutan VI 4 Angonave vm 2 ANI. i 1 Antoll vm i APL m 4 5 Argentine IV 4 ASCL m
      722 words
    • Article
      Reuter Monitor Shipping Service
      303 14 MORE than 60 shipbrokers, owners and charterers have become subscribers to the Reuter Monitor Shipping Service which went 'live' on Tuesday, becoming fully operational and offering subscribers total access to the system's information. The service, initially designed for the international oil tanker chartering market, enables market
      303 words
    • Article
      Container Schedules
      876 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 HK F.xnress 46/444 16.6.81 2000 Segani TA 3 vc Oriental Imoorter 13W 16.6.81 2100 Jardine TA 4 vc Ever Promoter 57-35E
      876 words
    • Article
      LONDON FREIGHTS
      1593 14 SIGNS OF a rise in North American grain freights were noted on Tuesday when a vessel was secured from the US Gulf to Japan for June/July at U5527.75, up $2.25 on previous business. Chartering was otherwise quiet apart from a barley cargo from Norfolk to Tunisia at $25.50
      1,593 words
    • Article
      SHIPS IN PORT
      543 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barber Tonsberg (ro/ro) (1000 after Frotadurban Centaur) 46 47 Chaco (1030 after Bunga Raya) 42 43 Gotong Royong (0600 subject freeboard) 25 26 John Bakke (after Siena) 6/ 7 Kota Berlian (0600 haul after Kota Jati) 10/11 Kota Buana (1500 after Kota
      543 words
    • Article, Illustration
      Leg joining operation
      248 15 WESTERN APOLLO U, a Jack-ap rig earreatly sader eenstractlen ftt Far EastLeviaptN Shipbuilding Limited (FEW) «u recently towed to Ike «pen ae» eft Bedek Ml Clifford Pier to have Ito legs Jellied. The leg-Jetotog eperatiea sf this 3M feel water depth drilling anlt wm snecessfnlly em i
      248 words
    • Article
      Rising accident record
      174 15 THE accident record at Japan's shipyards is getting worse and drastic measures are needed to improve safety, say the unions. According to a survey by the Japan Confederation of Shipbuilding A Engineering Workers Unions, accidents in Japanese shipyards increased in 1960 by 113 to 829. This is
      174 words
    • Article, Illustration
      Stable outlook for dry bulk sector
      1085 15 THE future for the dry bulk sector of the shipping market looks relatively secure and there is little doubt that the current fleet of newbuildings will be absorbed without too much difficulty. This was the conclusion in a data paper published by Oceanic Finance
      1,085 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1467 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
      1,467 words
    • Article
      Lock icon New FE-Europe freight service
      411 20 Lloyd's List A VITAL new freight forwarding service to China and the Far East has been launched by International Express following conclusion of an exclusive agency agreement with Unifast Asia, a member of the Unilever Group. The arrangement covers seaborne, door-to-door traffic to and from Europe
      Lloyd's List  -  411 words
    • Article
      The Consortia
      178 20 THE major shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST El ROPE): Franco Belgian Services. K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS
      178 words
    • Article
      Lock icon Contract to replace jetty
      106 20 Reuter THE Nigerian Petroleum Refining Company has signed a contract with two companies for the replacement of the damaged Okrika jetty. The contract, worth US$ll.B7 million, was signed between the Refining Company and the Volker Stevins Pipelines Limited of Holland and Nigerian Dredging and Marine. The
      Reuter  -  106 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      476 13 HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Kelanf/Keelunf/Busan/lnchon Fm: Busan/H.Konf/BangKok Tel S pore: *****11 P.K. *****4, PN *****5 K.L. *****0 ARDIM iv n I AH ORIENT OVERSEAS ConlauteA Line FULLY CONTAHERISED SERVICE TO EUROPE (VIA SUEZ) 6 9/7 10/7 12/7 14/7 17/7 6 18/7 19/7 21/7 23/7
      476 words
    • Advertisement
      Page 13 Advertisements Column 2
      299 13 ISEALORDH A UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES Mm Qaboos (29/6). Dub* (1/7). Dammam (4/7), Abu Ohatx (7/7) Kuwait < 10/7) Iftna AJ Fahal (13/7). Bahrain (16/7). Doha (19/7) FULLY CONTAINERISED SERVICE rams? kl Mmw V 14 W WATTY AH lb RED Dubai (27/6) Kuwait (79/6). Dammam (3/7).
      299 words
    • Advertisement
      Page 13 Advertisements Column 3
      815 13 <&cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents I I °J UNIPACIFIC TRANS I TRADING V-* A6£NCT fTL LTD Tel *****4 (5 lines) SINGAPORE MAERSK LINE EXPORT FULL CONTAINER SERVICES TO U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Siaga pore Long beach
      815 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      827 14 CONTAINER SERVICE Vessel KORRIGAN NIHON SfIANOIA BSURIA N Of DMA N HOORN TOYAMA N CRYSTAI To Europe Spore 1) MseiHes 2) Rdam 3) Hburg Gborg from Europe 1) Gburg 2) H buig J) B »en 4) R dam 5) le H P Ming B SURIA N OEJMA N HOORN TOYAMA
      827 words
    • Advertisement
      Page 14 Advertisements Column 2
      192 14 Are you making full use of the Shipping Times as an effective selling medium? For further enquiries call: Shipping Times Tel. *****44, Extension 351 or 367 Times Centre I, New Industrial Road Singapore 1953. Tel: *****2 Ext. 38 or 39 Financial Publications Sdn Bhd 3i, Jalon Riong, KL 22-03 SUPERCARRIER
      192 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      446 15 Overseas Containers Limited f CONTAINERSHIP SERVICE TO UK CONTINENT STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok Svmk and Brunei i.M i*n.9a 1.17 Mai «.U Mm 117 MSk Mi LAU.SkM.IO MI IMM M 7 Mi LM Ml McM| M 2 1 MM Ml M*. SM CONTAINERSHIP SERVICE FROM
      446 words
    • Advertisement
      Page 15 Advertisements Column 2
      467 15 fsg Franco Belguni~Services [h it A'iJv' h't, ,ch St-nxce i<ith li,!i;xan t it A\is.'«r»: /.tr<- gRWCE TO EUROPE FIAI CONTUOSHT SMW FROM MOPE SRCAPORE r. ROME La Haw* R'tan HT*r, BKJ.W A'awp R Htm HW| rtl»«W OMENTA! OCT 70 km 71 km »Mr II Mr 14 Mr 15 My 17
      467 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      756 16 J age l\ H Hapag-Lloyd TO MOUTH tIKOPt InMi Bay Nmponj Eiprtu Hambwg Eiprew Triuo [ipn Ml Bay TO MEMTOWANEA TW HK fc|mi i 15/6 17/6 Mxttlfrmti 25/6 27 6 Itort Bbnc Man 2 7 4/7 TO HOBTH EUMfE/MDITEttANEA Riederstem Mai Rickmers Mosetstem TOtoA/CAWM, Feeder S poit PR Pen Bilbao
      756 words
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      Page 16 Advertisements Column 2
      679 16 3E KOREA SHIPPING CORPN P Ketang PENANG SPORE VEGA 161W 29 June/1 My 2-5 Jul* 7-9 July FROM BUSAN BANGKOK VEGA 162E 29 June/1 July 2-5 July 7-9 July TO BUSAN ALT AIR 165W 10-13 July 14-17 My 18-22 July FROM BUSA BANGKOK ALTAIR 166E 10-13 My 14-17 July 18-22
      679 words
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      Page 16 Advertisements Column 3
      652 16 r 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 BREMERHAVCN. OSLO. STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM S>v« Mtf* HwtfMt lontrtan Intorp It Hawt i«« i»it 27/t j/7 i»/7 tin hp x/ 7
      652 words
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      Page 16 Advertisements Column 4
      833 16 Everett Lines! Burma Fiva Star Shipping Corpn. jßk "BURMESE NATIONAL LINE" 1 LOADING FOR RANGOON lM*i| tm latltrdam Antwerp M far Dudurpil arif S pot »eUn» Pfwnf BASSMT" »/27 MTQMATWA 27/n l»"" U/14 M WttSMWCYAWYIIA JO to PA AN 1/) U B F SS C Agents m Motayvo BOUSTEAD SHIPPING
      833 words
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      Page 16 Advertisements Column 5
      422 16 telo.s.e. OCEAN SHIPPING ft ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE snout ASEJTTC OCEAN StffnK ft EKTEWBBES PTE lit) vmurm m ttouu/7******70 I HMTUI m 4MM4 U47M ASWTS M MAUYSA t ROME EAST ASA SVTK 111 3* »7J7/l/77Si POMK MMAHM TUKX 1 TIANSfOBT HI (7111 ft *3775 KARACHI SERVICE SMGAPORE
      422 words
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      926 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) 7-7/7 10-10/8 13-13/9 Accepting LCL Cargo to Colombo Aqaba. *FCL Closing 17/7 2300 Hrs. S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ SPORE 20-21/6 30-1/7 10-11/7 20-21/7 EAST AFRICA/REDSEA SERVICE Singapor* P.K*l*ng Panang Loading for: KOTAJATt In
      926 words
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      Page 17 Advertisements Column 2
      949 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE tojwwe Ko«rtox> Biy Moojionf [iprrsi Harnbwg Eipress Toke [ipmi Mouilt Bjr Atonama lipress Tokyo Sir Penwi Ewopt Gtoy Act bt Port Hongkong f «prt« 29/7 Cherry Bvtgi 23/4 Hongkong lipress 29/1 Ben.ili 24/4 Hamburg Eipms 27/7 FROM EUROPE H BURG B HAVEN
      949 words
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      Page 17 Advertisements Column 3
      838 17 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MEP/UK/NC/SCAN 8 INA&A 19/6 8 DAHLIA 74 4 8 PfNAGA 3/7 8 DAHLIA 10 7 8 KMU 1711 8 OAMtiA 8 PfNAGA U/7 8 DMtLIA lit 8 DAHLIA II I Acceptinj t<* 11 Barcelona Genoa lefhorn 2) Amsterdam Mwtrp It Mairre &io*c
      838 words
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      Page 17 Advertisements Column 4
      625 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION S AFRICA A VESSEL Also occepting FCL containers Spore. July (loading direct for Reunion, Durban and Capetown only) Lukes/ 4 Linos U.S. WEST COAST SERVICE tot o*«ct from SfO IDch I SPORf BIWN S tie Ik VBC LESIt LYKES 13/6 9/6 17/7 19/7
      625 words
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      Page 18 Advertisements Column 1
      676 18 Kline KAWASAKI KISEN KAISHA, LTD I EXPRESS CONTAINER SERVICES TO NORTH AMERICA ETD FEEDER VESSELS* P* MO!** KISSELS TK LA SE NY Stai Act 09N Sjfed In Part Amenc j Mjru 1/7 11/7 Bcshu Maru 4/7 13/7 No» Y«t Maru 1/7 10/7 Nort Bii ¥-7 25/6 27/6 Queen's Nat Bnd
      676 words
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      Page 18 Advertisements Column 2
      703 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE 101*1 tof LOS ANGELES. SAN FRANCISCO SEATTIE. TACOMA. VANCOUVER BC Accephng FCI/fCI Coot amen P Kelang Singapore t AngeV-, MSHVkPMAC" 30 km 1 My 27 Ml AUSTRALIA EXPRESS CONTAINER SERVICE Acccptiif FCt/FCI Contamrs NEW ZEALAND SERVICE im*i is duo* trmnw kuktoh. wciimb «tc
      703 words
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      Page 18 Advertisements Column 3
      504 18 S A(iroup SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH F LOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINES) GENERAL *****1 114 LINES) TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6B A/B CARSHIP CABLE CARGOSMIP Regional Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK voy 17S/ISN mm IK ISA ISS/19N us, ?on
      504 words
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      Page 18 Advertisements Column 4
      629 18 korins maritime services Room 601, ICB Buildtng, Shenton Way, Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES val Hyundae Shipping Co. Lid. ASIA MERCHANT MARINE S pore P.Kelang Loading for ASIA NO 12 20 Jun Damman/D'bai/Kuwait ASIA SAMHO 5 Jul D'man/Kuwait/D'bai ASIA YUKHO 20 Jul D'man/D'bai/Kuwait
      629 words
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      Page 18 Advertisements Column 5
      793 18 BREAKBULK SERVICE TO EUROPE/UK S pore P. KeUnf Peiunf loadmf tor: AKRIT AS ***** (M 9 M BOULOGK/RDAM/ UK (AVONI/JEDOAH NORASIA ***** 6 Auf 10 Auf RDM* UK (AVON)/ CAEN FULL CONTAINER WEST BOUND SERVICE DART ATLANTIC* WBIOS DART AMERICANA WBIIO Singapore Loading for: 28 Jun Jeddah/M seies/Hamburg/ RoHerdam/nbury 11
      793 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      480 19 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A mernoer ol Itlt ACE Consortium TO EUROPE/UK (VIA SUEZ): 0200 19/6 FROM EUROPE (VIA SUEZ) STRAITS/AUSTRALIA RO-RO CONTAINER SERVICE A TiemDe' of the Anro Consoriii TO AND FROM AUSTRALIA: JAKARTA...... SINGAPORE., PENANG P. KEIANG BRISBANE.... SYDNEY MELBOURNE. ADELADE FREMANTLE. Also accepting cargo to/from Bangkok
      480 words
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      Page 19 Advertisements Column 2
      371 19 MALDIVE LINES ETA KUANTAN ETA PORT KELANG NA2AKAT Loading For Dubai only MALDIVE NO6LE Loading tor Karachi/Muscat/ Dubai. Dammam MALDIVE PLEDGE Loading lor Hodetdah MALDIVE NATION Loading For Kuwait MALDIVE MPORTER Loading For Male MALDIVE PRIZE Loading For Kuwait MALDIVE PIONEER Loading For Jeddah FOR BOOKINGS I ENQUMES PLEASE CONTACT:
      371 words
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      Page 19 Advertisements Column 3
      427 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SttSOV BUHOMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHARK AT NAH SOON SON. BHD. IST AND 2ND FLOOR MESSRS HM THONG SMfMG 23
      427 words
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      Page 19 Advertisements Column 4
      42 19 I TV CAR/I TV/111 INI 'r* WfUIBIW Vessel KK S pore P.Kelang Ldg. for WBl4 23 July 26 July Antwerp Tilbury Hamburg/ Rotterdam AUTHORITY SHIPPING AND TRADING PTE LTD NAGATUAH AGENSI SON BHD THE BORNEO CO (SABAHi LTD P< >p: 1 i.';
      42 words
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      476 20 OPRACHT (MALAYSIA) Pracht SDN. BHD. REGULAR INDEPENDENT CONSOLIDATION TO THE FOLLOWING PORTS:VESSELS LOADING FOfl ETA PORT KELmMG 24/6, 6/7, 8/7, 13/7, 15/7, 22/7 Colombo, Bombay, Karachi 13/6, 15/6, 20/6, 23/6, 26/6, Hong Kong, Taiwan, Morula 28/6,7/7.13/7 Jakarta, Tokyo, Yokohama, Kobe 12/6, 14/6.20/6.21/6. 29/6 1/7.4/7 Europe, Continental Ports 13/6, 18/6, 21/6,
      476 words
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      Page 20 Advertisements Column 2
      437 20 REGULAR SERVICE (MALAYSIA/MADRAS/ CHITT AGONG) VESSEL VOY. P. KeUng Penanj For uy J n Si., 9 12 Mv Managing Agents: JAY MARINE Tel: *****9/*****2 (Pt. Kelang) STEVE-MARINE PTE. LTD. Rm E-2. sth Ft, MACDONALO Houm. Orchard Rd., S 0»73 T«fc »7««70. J3SSIM9 S pore 'Monew Repte Service rut** S'pw* o«i«utw
      437 words
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      Page 20 Advertisements Column 3
      315 20 ft; JOHORE SHIPPING LY 161 JALAN TENGI TENGKU BAOAR PORT KELANC SELANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD I Express Uratload Servce from P Ketang East Malaysia Brunei HAYATI V: 9/81 HAYATI V: 10/11 HAYATI V: 11/11 HAMDAH V: 1181 HAMDAH V: 12/11 HAMDAH V. 13/81 P. KELANG 23/6 1/7 23/7
      315 words
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      Page 20 Advertisements Column 4
      428 20 KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Vessel NOKDBAV V 7 SM SU 19/6 21/6 23/6 25/6 7/7 1/7 NOROSTM VS 21/6 30/6 11/7 13/7 15/7 17/7 29/7 30/7 NORDBAYVS 1/7 10/7 22/7 24/7 25/7 27/7 7/1 (NOTE MOMMY LOWS FOI HA GO* A AS WELL) SMGAPORE Bowtead Stappng *****4/*****5 N
      428 words
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      Page 20 Advertisements Column 5
      152 20 NOTICES TOKO LINE M.V. "HOKUHO MARL" »-*J arrived ink Jim, IMI Consignees of all damaged cargoes ex the above captioned vessel are notified that the General Survey will be held on Friday. 19th June. 1381 at Jurong Port Godown No. 1 from 10.00 am to 1.00 pm No further survey
      152 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      187 20 W A V 5 N <> m F. m 'i K 1 !v' is m y r £+x i ss w 4(3 3 ia C yA Wind di direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C
      187 words