The Business Times, 29 June 1981

Microfilm: NL11165
Total Pages: 26
1 26 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 MONDAY, JUNE 29, 1981 60 CENTS
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  • BRIEFLY...
    • Article
      Lee leaves for Manila
      50 1 PRIME Minister Lee Kuan Yew and his wife left for the Philippines yesterday to attend President Marcos' inauguration. Mr Lee expects to return home after the inauguration tomorrow. During his absence, Dr Goh Keng Swee will be the Acting Prime Minister, the PM's Office said yesterday.
      50 words
    • Article
      Razaleigh to stay
      53 1 KUALA LUMPUR, Sun. Malaysian Finance Minister Tengku Razaleigh Hamzah said he would continue to serve the United Malays National Organisation (Umno) until his last breath "no matter what happens". He made the pledge before 1,200 delegates attending the current Umno General Assembly which entered its third and
      53 words
    • Article
      Lock icon Special financing scheme
      65 1 AFP MANILA, Sun. The Philippines' central bank has given approval for the implementation by July 1 of the special financing scheme for stock trading with initial funding of 70 million pesos (about US$9.3 million). The special stock trading fund was created by the government recently to reactivate
      AFP  -  65 words
    • Article
      Lock icon Nationalisation
      70 1 AFP PARIS, Sun. France's new leftist government will not indulge in rampant nationalisation, and extension of public ownership will be a means, not an end, in its industrial policy, Economy and Finance Minister Jacques Delors pledged. Once an-already announced plan of nationalisation had been carried out by the socialist-domi-nated
      AFP  -  70 words
    • Article
      Boycott threat
      73 1 BAHRAIN, Sun. Bahrain has joined Saudi Arabia in a boycott threat against Japan's Toyota car company over its pending deal on a joint venture with US car manufacturer Ford. Commerce Minister Habib Kassem said that if Toyota concluded any deal with Ford, Bahrain would abide by Arab boycott
      73 words
    • Article
      Lock icon UAE cuts output
      80 1 Reuter ABU DHABI, Sun. A United Arab Emirates (UAE) government official was today quoted as saying his country's crude oil production had been cut by a total of 255,000 barrels per day (BPD) during the past six months. Petroleum Ministry Undersecretary Shaiba AlHameli said output was reduced
      Reuter  -  80 words
    • Article
      Lock icon Concern over decision
      74 1 UPI JAKARTA, Sun. The Netherlands is concerned over Indonesia's decision to close its airspace to KLM Royal Dutch Airlines flights to Australia. The Indonesian government closed its airspace to KLM flights to Australia from June 15. The flights to Australia previously stopped over in Singapore and flew
      UPI  -  74 words
  • Article
    TOP TEN STOCKS
    109 1 THE followtng is a list of the II most actively traded stocks on the Stock Exchange of Singapore last week. It gives the tnraover in thousands of urits, closing prices on Friday and the high and low for 1981 Ctopuy TUMT« Price* Hlgt Law •m Jin a
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  • LOCAL STOCK INDICES
    • Article
      SINGAPORE
      81 1 iu B JhQ Ju U Ju tS Ju a nBT Index: *****5 80 *****8.48 *****6.26 *****2.37 *****7.10 Industrials: 952 46 ***** 965 90 970.95 973.26 1923.86 1960.79 1967 70 2000.24 2008.64 ••Hotels: 1364.36 1370.53 1372.38 1357.96 1361.17 •Properties: 947 78 949 64 966.80 968.74 978.23 'Minings: 398 91 398
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    • Article, Illustration
      MALAYSIA
      106 1 Ju S Jaa a Jaa 24 Jaa tS Jaa H t+BT Index: *****0 01 *****1 39 *****8.17 *****8 13 *****9 59 'Industrials: 1210 16 1207 04 *****0 1233 21 1245.34 1952.15 1946.00 1965 64 1965 64 1966 66 ••Hotels ***** 519 64 520.11 520 82 522 23 •Properties: 1230
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  • Article
    Khoo Teck Puat buys hotel chain
    705 1  -  RUMOURS ABOUT PLANS DENIED By CATHERINE ONG BILLIONAIRE Khoo Teck Puat, soon to become the largest hotel operator in the South Pacific region, has assured that he will not abandon his business interests in Singapore. This assurance came amidst widespread speculation that the somewhat
    705 words
  • Article
    UMW takes over Syarikat Fiat
    241 1 UNITED Motor Works announced during the weekend that it has reached agreement to take over the entire share capital of Syarikat Fiat Distributors for Ms4s million. The move confirmed speculation that it was negotiating for a car assembly plant and a European car franchise. The
    241 words
  • Article
    Philips Singapore plans $20m plant
    411 1  -  By WONG AI KWEI PHILIPS Singapore plans to build another factory near its three factories in Toa Payoh. Estimated to cost $20 million, the new plant will be Philips' seventh in the Republic. Business Times understands that the Dutch multinational is currently finalising negotiations with
    411 words
  • Article
    Chalets for the Maldives
    355 1 INTRACO, the government-backed trading company, is about to conclude a deal to sell 25 prefabricated chalets to the Maldives Tourist Authority. Each chalet consists of four prefabricated units two bedrooms, a living room and a kitchen. Prefabricated parts for one chalet will be shipped to the
    355 words
  • Article
    Big jump in net income of POSB last year
    285 1 THE Pact Office Savings Buk had aa excess of lacMDe aver expenditure last year of $81,578 mllUm, a 77 per cent Jump •ver the figure registered la Iff». This was achieved laspite «I the hefty Increase In Interest paid dnrlng the
    285 words
  • Article
    Aerospace industry poised for fast growth
    485 1  -  By RICHARD SEAH THE aerospace industry is set to take off in the 1960s with an average annual market growth of 15 per cent. The market for aviation and avionics support equipment, which was just below $100 million in 1979, is projected to reach
    485 words
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      3 1 See back page
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      66 1 I IFI L fT^iiTo If you're on the look-out for a handy recorder, here's something just for you. It's about the size of a notepaddesigned for simple operation and big 410mW output. This handy Sony can even be plugged into your car. So write your last memo to yourself today.
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      79 1 ■mm SHIPPING TIMES STAFF appraisal system in a nut5he11.................................... 4 KEY to Japan's rise to Industrial p0wer................................... t PATRICIA Goh en the Christian musical 19 MORE losses for RoUei's hanker 18 OVERSEA-Chinese Banking Corp Joins credit card market... 18 US and Bolivia not happy with tin pact 18 CROSSWORDS 11,
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      124 1 [The Straits Companies' Xi mes DIRECTORY Activities, Key Personnel, Agencies Of Singapore (Buku Merah) I M€*tOC"t» ulu Rk> oe Jaoet'c S* Pauio And 60TransPacific flights a week from Tokyo With JAL you relax all the way. 14 times a week direct to Japan Tokyo. Osaka. Okinawa, Kagoshima, Fukuoka. Magoya and
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  • OVERSEAS I
    • Article
      Lock icon Fed revises upwards money supply figures
      753 2 NYT THE US Federal Reserve has announced that the nation's basic money supply had dropped by a modest US$2OO million in the latest reporting week. But it also added new data to the money supply figures, resulting in a sharp upward revision of $3.8
      NYT  -  753 words
    • Article
      Lock icon Huang assures Indira of positive attitude
      154 2 Reuter CHINESE Foreign Minister Huang Hu met Indian Prime Minister Indira Gandhi yesterday and later said China would take a positive attitude towards its harder dispute with India and would try to settle it. India and China fought a bitter border war In I*2
      Reuter  -  154 words
    • Article
      Lock icon Beijing may delay accepting oil bids
      569 2 UPI THE CHAIRMAN of Chase Manhattan, Mr Willard Butcher, has said China's timetable for accepting bids from foreign oil companies for preliminary offshore drilling has slipped, at best, to the first quarter of 1982 Foreign oil companies, including several American majors, have completed seismic
      UPI  -  569 words
    • Article
      Lock icon Labour stages strong revival against Likud
      333 2 Reuter ISRAEL'S opposition Labour Party has staged a strong comeback and is running level with the ruling Likud bloc, according to an opinion poll published hours before the country's election campaign ended last night. The poll, conducted last Wednesday for the Jerusalem Post and
      Reuter  -  333 words
    • Article
      Lock icon India negotiating to buy MIG-25 fighters
      367 2 UPI INDIA is negotiating with the Soviet Union for the supply of MIG-25 fighters in response to a prospective US arms deal with arch-rival Pakistan. An Indian official said the Soviets are believed to be considering India's request for the fighter which is known
      UPI  -  367 words
    • Article
      Lock icon Watchdog body to fight dumping of waste
      149 3 Reuter THE WORLD'S main consumer grouping has said it will set up a new body to fight the dumping of dangerous products in the Third World. The watchdog body will be based in Penang, Malaysia, the International Organisation of Consumers Unions (IOCU) announced
      Reuter  -  149 words
    • Article
      Lock icon Told to stop secret shipments
      97 3 AFP THE US government has asked Turkey to stop making secret shipments to Pakistan of Americanmade equipment which could be used to manufacture an atomic bomb, the American Press reported. The source for the report was a telegram said to have been sent by the
      AFP  -  97 words
    • Article
      Lock icon Exim Bank expected to suffer losses
      477 3 AP THE US Export-Import Bank, which gives American exporters cheap interest rates, is expecting to show losses for the first time since World War 11. According to information made available, the bank's future prosperity will depend to some extent on the policy of President
      AP  -  477 words
    • Article
      Lock icon Mexico is negotiating oil-price rise of US$2
      318 3 Reuter THE NEW chief of Mexico's state oil company, Pemex, said it was negotiating a price rise in its crude exports of about US$2 a barrel. Mr Julio Moctezuma Cid, who took over Pemex three weeks ago, said that Mexico had no immediate
      Reuter  -  318 words
    • Article
      Lock icon SOLUTION TO CRISIS
      186 3 AP BOTH Protestants and Catholics in Northern Ireland are prepared to share power to put an end to sectarian violence in the province. A poll, conducted for the Sunday Times newspaper in London and published yesterday, revealed that two out of three of those questioned favour the
      AP  -  186 words
    • Article
      Lock icon Call to discuss trading system
      160 3 Reuter TRADE negotiators have called for a world ministerial meeting next year to discuss the state of the international trading system and the threat to it from growing protectionist pressures. It would be the first such conference since the Tokyo round of trade talks was
      Reuter  -  160 words
  • Page 2 Advertisements
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      165 2 -v V <v j;<s 3 iti Hi in M sr Ufc» !l B 1 £•>;■. s v w agra** > r--The Super Round One cuts aircon running costs dramatically. 8y33! When you install the Carrier Super Round One central airconditioning system in your home or small business premises, you enjoy
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      148 2 Tha daily Aircraft Schedule has baan hald ovar bacausa of prassura of space Flight information by taiaphona can ba obtainad from tha airport (*****8) or from tha raapactiva aiiiinaa: BIA *****47/*****48, Garuda *****7, MAS *****2, CPA *****7. Qantas *****44, BA *****01, KLM *****1. American Industrial Products Exhibition 6-10 July,l9Bl 12
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  • Page 3 Advertisements
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      356 3 AUTIFULLY FURNISHED Dial Garden, 2-bedroomed apartservant's room with its own at over $50,000. Rental: $5,000 p.m; Residential Properties For Sale t* BEAUTIFUL SINQLE-STOREY alow with 3 bedroo .■•*>. Investing in a house or apartment? Citibank offers you a home loan plus*useful extras, such as an overdraft facility. A personal overdraft
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  • MANAGEMENT I
    • Article
      Staff appraisal in a nutshell
      1968 4 Eager to bring modern management methods to the civil service, the government has sought the help of Shell in devising a staff appraisal system. Why Shell? LAN MacDONALD, who worked with Shell for fifteen years, gives a personal answer to this question. MANY heads of
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    • Article, Illustration
      THREE STRANDS OF CHANGE
      1902 5  -  The decade of the 1980s has arrived ripe with change. What new challenges must managers overcome? What must they do to become the masters of change and not its unwitting victims? BENJAMIN TREGOE discusses some critical trends taking place, traces their implications for managers, and offers
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  • Page 4 Advertisements
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      670 4 CONDENSED BALANCE SHEET AS OF 31.12.80 ASSETS (Crs Thousand) 31.12.80 31.12.79 CURRENTAND LONG-TERM 3.335.283,700 2.034,993,513 Cash 113.746,353 11,616,763 Credit operations. 1.537,361,751 917,895,666 Interbank and LIABILITIES interdepartmental relations Sundry credits. Securities and other holdings., Expenses paid in advance 287,636,742 442,666.710 1,381,291,740 653,398,373 7,129,299 8,117,815 8.100.393 1,315,608 PERMANENT... '86,333,166 49,590,784 Investments.... 33,145,372
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      1182 4 NOTICES PEGI MALAYSIA BERHAD (Incorporated in Malaysia) NOTICE OF EXTRAORDNARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at the Reftatered Office. 17th Floor. Komplek Kewangan. Jalan Raja Chulan. Kuala Lumpur on the 14th day of July. 1981 at 9.30 a.m.
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      289 5 1 < VJ&i c fe,: v T* i* V I »mv; \J j ZmsgMm; tUtJM 'q JM Rfc£f« WE r. J<* 1V V Omega Constellation Quartz Chronometer Photographed on Goya Monument in front of the Prado, Madrid. pTTjlp^ -,y ICv \3F *r*;;£ > Sfcs r F'?t v rHr> -A- %>
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      102 5 The People Bank 9 S Whenever you have personnel problems due to unexpected leaves or sudden resignations, call us. We can provide qualified replacement personnel instantly. And if you need extra hands to help with sales cam paigns or special projects, we too can supply the appropriate people. Our People
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  • RAW MATERIALS
    • Article
      LONDON MARKETS
      487 6 ICOFFEE: Robusta futures ■*last Friday closed above new contract lows reached midaftemoon but showed 100-balance losses of £21 to *£27 a tonne. BUGAR: Sugar futures fended a quiet featureless fractionally higher *than at Thursday's close with gains of £0.10 to £0.60 a -'tonne after trading in a narrow
      487 words
    • Article
      Lock icon Slump in gold hits markets
      1023 6 AFP THE SUDDEN weakness of gold, which slumped to an 18-month low. had a wide-spread effect on the commodity markets in London last week. But the general decline was checked by sterling's fall on the foreign exchange. Traders were once again complaining that fresh uncertainty
      AFP  -  1,023 words
    • Article
      Produce prices move down to dismal levels
      259 6 THE SINGAPORE produce market encountered bleak trading last week with prlees (ailing to dismal levels. la partleolar, coffee prices were depressed by about II per cent to a tow of n« per toaae. A dealer, however, believed that It »111 consolidate at this
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    • Article
      RUBBER
      200 6 RUBBER futures in London continued to trade quietly on Friday afternoon, ending with only fractional changes on the day with no physical interest. Dealers said a lower official close in Singapore was balanced against a fall in sterling against the dollar in the morning and that the late sterling
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    • Article
      SOYBEAN
      207 6 CHICAGO soybean futures finished mostly lower last Friday, down eight US cents a bushel to up one cent in thinly traded deferred July. The first six contracts settled at new season's lows. Late local long liquidation and speculative selling on negative technical aspects and in sympathy with weakness in
      207 words
    • Article
      WHEAT
      139 6 WHEAT futures in Chicago closed mostly lower last Friday, down two US cents a bushel to up one cent in deferred July. All contracts except deferred July again closed at new contract lows. Commercial hedge pressure and speculative selling on expectations of US winter wheat harvesting progress over the
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    • Article
      PALM OIL
      75 6 C.I.F. North European ports, in US dollars per ton unless otherwise stated: LONDON Fri Previous Malaysian 5 r ffa bulk per tonne August *****slr 615.00slr Sumatra 5 r < ffa bulk June 64l).00pd 640.00pd July 630.00slr 632'i/627«*pd August 610.00slr 612.50pd September 590.00slr 592 1 /590pd October 587 /580pd
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      409 6 PHILIPPINE NATIONAL BANK The Filipino International Bank OFFICIAL DEPOSITORY OF THE REPUBLIC OF THE PHILIPPINES Head Office: ESCOLTA, MANILA, PHILIPPINES Comparative Statement of Condition As of the Dates Indicated RESOURCES Cash on Hand Checks and Other Cash Items Due from the Central Bank of the Philippines Due from Other Banks
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      125 6 THE LONG-TERM CREDIT BANK OF JAPAN, LIMITED (SINGAPORE BRANCH I U5520,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 29th June 1984 In accordance with the provisions of the Certificates, notice is hereby given that for the six months interest period from 29th June, 1981 to 29th December. 1981
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      103 7 3m ism I®%.;■: k» k iv n 'j asSi&S Created in 1977 by Mr/Kilian Hennessy, for himself, as his own personal cognac Blended from over 80 aged cognacs, many very, very rare. Its colour is light, richly golden. Its taste is rounded, smooth and unexpectedly gentle Like no other cognac
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  • MONEY AND EXCHANGES
    • Article
      ASIAN $ RATES
      185 8 ASIAN RATES ASIAN currency average deposit rate* for the week ended Ju ■e 21: I'S* IBM price*) Hick Low 7 days 19 18 5/16 1 month 19 13/1017% 2 months 18. IT* 3 months 18 9/16 177/16 0 months 17% 17 1/16 9 months 18'. 16% 12 months 16 11/16
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    • Article
      Short-term money
      45 8 FOR THE week ended Saturday June 27, the range of call rates received from Short Deposits (M) Bhd was as follows: Bask hud: 4 per cent to 5.5 per cent. Geaeral fud: 4.7 to 5.125 per cent. Mavemeate of funds totalled $1,139 million.
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    • Article
      Singapore market
      193 8 THE US dollar last week opened at 2.1280 against the Singapore dollar, lower than the previous weekend's closing of 2.1335, reflecting a weaker American currency as US M-1B money supply only rose by US$5OO million. The Federal Reserve Board's decision to pump funds into the system during the
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    • Article
      LONDON
      226 8 THE DOLLAR eased last Friday afternoon to finish around the previous close as Eurodollar deposit rates fell and the US Fed added reserves to the system through weekend repurchase agreements, dealers said. Trading was largely characterised by booksquaring for the end of the half year. Many operators widened spreads
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    • Article
      PLR
      22 8 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 13.5 per cent.
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    • Article
      ZURICH
      58 8 ZURICH exchanges closing quotes on June 26: US 2 0365 0395 Stg 3.9600 9696 Can 1 6929 6960 D Mk 84 9249/85.0055 D F1 76.5314/7162 F FY 35.6499 7337 B Fr 5.1872/1975 DKr- 27.0937/1427 N Kr 33.8121/8900 S Kr 39 9823 40.0570 Lit 0.1701/1705 Aus sch 12.0147/0396 Port *****
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    • Article
      Frankfurt
      43 8 FRANKFURT exchanges closing quotes on June 26: US 2.3870 3900 Stg 4.638/645 Can 1.9929/53 D F1 89.87/96 S Fr —117.47/62 Lit 2.001/005 F Fr 41.61/67 DKr —31.81/85 N Kr 39.85/90 B FY (con) 6.090/98 B Fr (fin) 5.907 917 Yen -1 0615/30
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      Euro $ rates
      38 8 Euro rates LONDON Eurodollar deposit rates closed lower last Friday, after having started firm. End of half year commercial requirements were fairly heavy, and this pushed Three Months rate to high of 18V« to 18H during midmorning fixings.
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    • Article
      Gold lacks major support
      403 8 THE GOLD market last week continued to suffer from the efforts of sustained high US interest rates and a resurgent US dollar, Greea A Oilier Bullion said in its latest review. In the first three days of the week, trading was dull and featureless with prices
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    • Article
      AT THE DISCOUNT HOUSES
      284 8 LIQUIDITY in the interbank market appeared comfortable last week with overnight deposit rates fluctuating between 3 and 5 per cent. Friday, however, saw rates at 8 to 9Vi per cent, which observers attribute to the seasonal window dressing exercise. Term rates initially dropped, with Three Months
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      579 8 If you don't know what NEPTUNE CAUGHT it's time you came to us. Neptune's Catch will be available at the Baron's Table. Fresh, succulent delicacies from the deep prepared in a variety of ways. Irresistable! BARON'S TABLE I he someplace special to take someone special From June 22 Julvs For
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  • Article
    Lock icon Inside challenge to Japan Inc
    1202 9  -  CHRISTOPHER LORENTZ reviews an unusual study of management in Japanese industry. CHRISTOPHER LORENTZ FT A COMBINATION of internal competition and consensus is the key to Japan's rise to industrial power, says Naoto Sasaki: tough competition between big groups such as Mitsui and Mitsubishi is reinforced
    FT  -  1,202 words
  • Article, Illustration
    Lock icon Lavish energy user turns frugal
    579 9 Depthnews Special JAPAN has been a lavish energy user but the oil shock has changed all that. Decisions by companies, both big and small, have converted heavy dependency equations into conservation curves. Consequently, consumption at the rate of 4.7 million barrels a day in 1979
    Depthnews Special  -  579 words
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      29 9 Japanese industry, which rode the fast train to growth in the last three decades on heavy doses of energy, is equally fast at changing course when energy costs mount.
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      476 9 A COMPANY THAT PLANS ITS BUSINESS EFFECTIVELY SHOULD BE ABLE TO PLAN ITS OWN OFFICE SROCE UKEWISE. GETZ CONCEPT 80 OPEN PLAN SYSTEM FOR THE OFFICE REFLECTS EFFICIENCY AND GOOD BUSINESS SENSE. V > it Studies have indicated that the total office layout is as important as managerial skills in
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  • REVIEWS I
    • Article
      Soul music
      1344 10  -  The Christian musical should not be easily dismissed, says PATRICIA GOH. It often achieves a competence surpassing that of its secular cousins. PATRICIA GOH. WE'VE heard often enough about roadshows. Both the army and the SBC promote this sort of live entertainment in which a whole troupe of
      1,344 words
    • Article, Illustration
      Puppetry delights that will lift your spirits
      1291 11  -  By LEE YOKE MENG NORMALLY, National Library means just one thing to most of us books. Not in July, though. This stoic-looking red brick building, with its familiar throng of eagereyed students, is about to entertain instead with a troupe of puppets and
      1,291 words
    • Article
      Broad smiles
      719 11  -  SALMA KHALIK has a great time shedding laughs at the Shangri-La Playhouse, but My Fat Friend is not all just light banter. SALMA KHALIK ONCE it was 'Black is Beautiful'. Today, the message seems to be 'Fat is Beautiful'. At least, this is one of the messages coming
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    • Article
      Croc motif in tribal art
      1022 12 CHRIS YAP UNEARTHS THE PAPUAN MYSTERIES OF THE SEPIK RIVER MENTION a crocodile and a hideous monster springs to mind. A thing of beauty? Hardly. Well, maybe only when our whims of wear transform a jaw-snapping reptile into a piece of fashion accessory. There is
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  • Page 10 Advertisements
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      312 10 We have you berthing Oakland. Chassis awaits discharge22oohrs precisely > I i S- 5? m nm V !1 7^ to 40 At NOL we know every move your cargo makes. At sea. Or on land. Making sure it is where it ought to be, when it ought to be. It's
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      466 10 LEISURE TIME TALKS "CHINESE GEOMANCY" (feng shiii), a talk-cum-slideshow by Mrs Evelyn Lip, a senior lecturer in the Department of Architecture, National University of Singapore. Mrs Lip has written an illustrated book on this esoteric subject. At the Marine Parade Branch Library on Friday, July 3 at 7.30pm. Free admission.
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    • Miscellaneous
      Page 10 Miscellaneous Column 2
      650 10 TONIGHT brings the start of a new series that is worthwhile staying up for. It is an Australian saga covering the first 25 years of the the country's history when it was used as the penal colony far Britain. "A Ship With White Wings", the first episode of The Timeless
      650 words
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      10 11 so expensive but... so luxurious so prestigious and so English!
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      528 11 EDS-the Software Professionals Contractors: EDS can help maximize your profits and productivity Buying a computer system because of its brts, bytes, megabytes, cycle time or architecture is the wrong decision These are technical aspects which will make little difference to the success or failure of your computerization. They are terms
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  • Page 11 Miscellaneous
    • Miscellaneous
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      322 11 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 9 Sure to sit around it at tea time (8) 10 Put a message at the end of the letter: "Back in spring" (3) 11 U9ed to have one turned under (6) 12 For instance, brandy and ginger (6) 13 A very dull film (7)
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    • Miscellaneous
      Page 11 Miscellaneous Column 2
      157 11 J B il pot-stew I have cannibal fare (7) 20 The material is light? No, the other way round (5) 22 Unimportant, but it put one right back on the bottle (7) 23 A row about atmospheric pollution won't do it! (5.3,3) 25 Does it make you answer "How are
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    • Miscellaneous
      Page 11 Miscellaneous Column 3
      314 11 24 The death penalty (7,10) 27 Contestant (6) 29 Flat (4) 30 Mends (7) 33 Express discontent (8) 35 Arguing (10) 36 Rip (4) 37 Is present (7) 38 Polar region (6) 40 Convincingly argued (6) 41 Vehicle (3) 42 Civic dignitary (8) DOWN 1 Methodical (10) 2 Church recess
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      1612 12 STATE BANK OF INDIA Central Office: Madame Cama Road, Bombay 400 021, India BALANCE SHEET OF THE STATE BANK OF INDIA AS AT 31ST DECEMBER 1980 CAPITAL AND LIABILITIES PROPERTY AND ASSETS 1. Capital: Authorised Capital 20,00,000 shares of Rs 100 each... Issued, Subscribed and Paid-up Capital (pursuant to Section
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  • MARKET REVIEWS I
    • Article
      Lock icon Lukewarm rally in New York's bond market
      956 13 NYT BY RIGHT, the New York bond market should be enjoying a headlong, thrill-a-minute rally. The bond market, after all, is supposed to be the running register of investors' information, predictions and beliefs about the coming trajectory of inflation. As inflation slows down,
      NYT  -  956 words
    • Article
      Lock icon Caltex's listing fails to stimulate
      312 13 Sydney Reuter CALTEX Australia started public life as one ef Australia's tap 25 companies last week. Bat even the lukewarm enthusiasm whleh greeted Australia's biggest stack float failed to rub off on the rest of the market. Caltex shares eaded their first full session on
      Reuter  -  312 words
    • Article
      MONEY IS PLURAL
      1695 13  -  London By GERALD COLVERD WAY back in November 1967, Mr Harold Wilson, the Labour Prime Minister of the day, declared the following to viewing TV millions after announcing the devaluation of sterling. "From now on the pound abroad is worth 14 per cent or so less, in
      1,695 words
    • Article
      Lock icon Elf Aquitaine plans to take over Texas Gulf
      689 13 NYT THROUGH a series of transactions with a total value approaching US$5 billion, France's Elf Aquitaine group plans to take over Texas Gulf Inc, a chemicals and natural resources company based in Stamford, Connecticut, and then to sell Texas Gulf's Canadian mining
      NYT  -  689 words
    • Article
      Lock icon Cautious investors mark time
      630 15 New York UPI THE NEW York stock market, confronted with profit takers and institutions adjusting their portfolios for the third quarter, marked time last week as investors tried to determine the course of interest rates. The Dow Jones industrial average, which fell 10.09 points last week,
      UPI  -  630 words
    • Article
      Lock icon Closing retreat
      1165 15 NEW YORK STOCKS Reuter AFTER a day of trading in a narrow range on Friday, the New York stock market retreated near the close awaiting money supply figures to be released after the market closed. The Dow Jones industrial average closed almost four points lower to 993, with
      Reuter  -  1,165 words
    • Article
      Lock icon Upswing continues
      391 15 Tokvo AFP DESPITE decreases in foreign purchases, the Tokyo stock market continued the upswing last week with both the Dow Jones average and Tokyo Stock Exchange index of all listed common stocks hitting all-time highs. The 225-stock Dow, a 65.13-yen winner the previous last week, closed out the
      AFP  -  391 words
    • Article
      TOKYO STOCKS
      324 15 June 27 Yen TOKYO Akml 337 unch Nlceme NlpElec Nip Fire Nip Llcht 1(8 •18 300 ltt unch 4 10 unch Asahl Chem 264 1 Nip Mus M5 -25 Asahl Olass Bank TK 626 225 11 unch Nip OH Nip Sec 1000 318 >40 Banyu 470 -9 325
      324 words
    • Article
      Index soars to record level
      728 15 jK.Lumpur WHATEVER the uncertainties said to have existed over the Umno elections, the Kuala Lumpur Stock Exchange certainly did not show it last week. As D-day drew nearer for Datuk Musa Hitam and Tengku Razaleigh. the bulls in the market were still going strong and
      728 words
    • Article
      Strong advances reflected across the board
      1185 16  -  Singapore By WONG SOUK YEE THE STOCK market was continuously buoyed by generous bonus issues and internal corporate restructuring and transformations last week. Expectations of a favourable outcome of the Umno elections also renewed investors' confidence in the market. A number of Malaysian-based stocks
      1,185 words
    • Article
      COMPANY NEWS for the week
      659 16  -  Week ended June 26 Compiled by JULIANA TAY SCRIP ISSUE J C Enterprises: Proposed rights issue of one-for-three at $1.80. Maityu Breweries: Proposed bonus issue of one-for-four Malaya wata: Proposed bonus issue of one-for-two and rights issue of one-for-two at $1.40 and a special issue
      659 words
    • Article
      COMPANY MEETINGS
      540 16 BOLTON Properties Berhad: AGM to be held at Room 502, 5th Floor, Campbell Complex, 98, Jalan Campbell, Kuala Lumpur on June 29 at 10.30 am. DAH Yung Steel Company (8) Limited: AGM to be held at No. 1 Shipyard Road, Singapore 2262 on June 29 at 10 am.
      540 words
    • Article
      Major blow for traders
      197 16 .Bangkok THE Thai stock market, which appeared headed for a period of steadiness early last week, received a major blow in the middle of the week. Investors reacted negatively to the government announcement that interest rates at commercial banks were to be increased by one per
      197 words
    • Article
      SHARE INFORMATION SERVICE
      2958 16 1980 High Low Compasy Last Sale orGr's Div Div Cvr Gr's Y'ld Net P/E Vol COOO) Week High Low 490 334 312 420 200 470 950 665W 430 320 130 161 330 no 360 650 322 366 Aetna Alcom Allied Choc BAT Bala Ben Berjaya Kawat Boustead
      2,958 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      155 13 The international bank with your interests at heart. Dai-lchi Kangyo Bank is Japan's largest bank. With total assets of over 87 billion US dollars. But our size doesn't make us impersonal. A worldwide staff of financial experts ready to give your project their individual attention. And we have your interests
      155 words
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      Page 13 Advertisements Column 2
      733 13 METRO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT AUDITED RESULTS The Board of Directors is pleased to announce the following audited results of the Company and its subsidiaries for the financial year ended March 31, 1981. Company Group 1981 1930 1281 IS3Q. $000 000 000 $000 Turnover 665
      733 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        206 14 JUNE at Ftl CORBEILLE Air-Liquid* 410 unch UN OwnOs DUflBt' C P (TIMM Oomp^enle B i 1 U •4 ISJB I OtwISl*— t -M Credit fODdr Dt Pnoct -8 liLSJiS'tir MlCriiDM KfUli nt IUO unch MttMUn (B)_ Ptrttaa hcUuvOiIni 117 TXM •1 unch +0J P«UfiU» W-o-IS n 1 PrtntMua
        206 words
      • Article
        Brussels
        66 14 FORWARD MA LKKBT Aftad IMS H tacu Bra-Lamb Cinpar Cock r». Bun IMS *M am +m 1MB M m -i M Ob-lmto-Bm Or» UN nod) mm m iaa n«knk U«0 -w Dutch IMi ■a +i Hoc On Bri( m -m SoiT&7 A n« 10 M -4 U Mtn Mflf
        66 words
      • Article
        Frankfurt
        136 14 iuin a o« inch Alia Utal MOOJO Alia Van AOJO ■aar isim Bay H T Wbank ltlJO •aj vtaaok mm •1 -a Bajar iaa BMW ltiao -0 Cham Vara MAJO 10J Oootl Oumml HM ITIHar-Baoa Ml JO Dafuaaa MM Dau| UUO Ovckarbofl ST A 1)1 JO jato OMaaa *JJ_
        136 words
      • Article
        Amsterdam
        128 14 run*M ABM MM L» AboM WJO >U Akao MM +tl AMXV MM +0J AmtM MUO uneh Br BonuaUJ Clh) Dam Ml Mil Kant* rotter PM CMstbroc Ootala 17 JO uneh mm -a« mm +0.1 MUO -7 M -0J *jo -as MIM -4 1MB +1 in jo -i KM 0J
        128 words
      • Article
        Zurich
        93 14 JUKI M Actions SMaan Franc* MU rp— ■Mm Ba n Boaai u_ M* onch UK *10 i B. C las. UM ooch MB unch MA >1 m MM aacb T 1 1 |1 Oioqi rww Br «M aacb K.ro |r. MM unch MM Iniarfood Br. Mi Jaimoil Br 1MI
        93 words
      • Article
        Milan
        60 14 JVM m Un Aaaoc dm 1M U M 4M 1 mm -a fllMMtf n Oan ImmoC Bn ji iiaipM im Itairtdar —W M Pf HI 16 M -4H0 ouch 1 e^ MM» -M 1 -1M otm ord nr mm Pn M r*T—p" ♦a nnu i k no «*•"> Spr
        60 words
      • Article
        TORONTO
        125 14 JUNE a AMUM a MH uncn XX -H hvhr^ 44H +H M uncb hn k Now Scotte "•V IH -H M MM <m -fit m 11* unch Id •H 7* 1 •M -1 W% -fit Dutko* Otntnn n ti an Dob Btarm Dom TV U* H M -1 m
        125 words
      • Article
        JOHANNESBURG
        204 14 JIM* M Rand IHDU8TB1AL8 A Unlit Ml ..~-h Aboreon A* And CI AMIC Btrtowi cfc/TTT' Currt* flMDCt 410 ul mo -i MM -1 M -1 in -i Kb D> Mean "P" Km—dy FM Vou rwg* rraoe MO -~1 MO DI ICtl 00 acta 1M0 Holrttl Mi -0 m 10
        204 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      170 14 r The American Express Card serves you well, wherever good food is served". 3 jf'fe W* vf 4 Getaway to Sentosa V r*«r I Costs only HALF AS MUCH if you're residing in Singapore It's easy. lust book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except
      170 words
    • Advertisement
      Page 14 Advertisements Column 2
      127 14 lubertutf Srill For lunch. lor dinner horn richk' rewarding experience. M.,/)- in I 7 .'>( 11 1 I*: i i*U *~>l u ill »i i 1 i| n »r« MKTS *s «v u K </4$ tm wtwr w«*c>®snawc* RESTAURANT Busness Breakfast: 730 am -11 an LuncK 12 noon -2JO pm
      127 words
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      Page 14 Advertisements Column 3
      192 14 See page 15 for Tokyo stocks and NYSE prices Feast like an emperor at Chinatown <>4m *-*LJ I &f: *.twsm bft r Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at The Chinatown, we serve Szechuan specialties Name your fayourites. Or
      192 words
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      Page 14 Advertisements Column 4
      134 14 ***** Inn Of Happiness <2 •L fj •<--• J «w 4* m rj 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. ■/M,i
      134 words
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      Page 14 Advertisements Column 5
      166 14 > Jtl r ST' ft •> A i vi The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear. Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome* Ox ley RiM/P*naog Road.
      166 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      497 15 THE BANK OF NEWYORK COMPANY, INC. 48 WALL STREET, NEW YORK. N Y. ***** Consolidated Statements of Condition Autti Cash and Due from Banks Interest-Bearing Deposits in Banks Investment Securities Trading Account Securities f Federal Funds Sold and Securities Purchased Under Resale Agreements Loans Less: Unearned Discount Less: Allowance For
      497 words
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  • MONDAY SPORTS
    • Article
      Display of power by SIA men
      805 17  -  By CHARMAINE CHAN THE MEN from Singapore Airlines gave another display of power during their third appearance in the 1981 Anchor Business Houses Squash League yesterday when they swept up another six points. Playing in the court next to current champions Beecham, SIA practically
      805 words
    • Article, Illustration
      Samy and Song win monthly medals
      395 17 PM SAMY continued to dominate Sembawang Country Club's monthly medals when he won the club's June strokeplay medal during the weekend. He returned a gross 76 on Saturday to capture his sixth successive monthly medal. As Samy was busy adding to his golf medal
      395 words
    • Article
      Shock defeats for SICC
      865 17 SGA LEAGUES THE Singapore Island Country Club's Premier and F& N Handicap League teams suffered shock defeats yesterday. Playing at the Changi Golf Club, SICC recorded this ''first" during the 10th Premier tie in the series of 14 for the year. SICC has only lost once
      865 words
    • Article
      Lock icon Unlikeliest survivor
      388 17 Reuter A 20-YEAR-old American who has been a professional for just two weeks is the unlikeliest of the four unseeded players left in the Wimbledon men's singles. Tim Mayotte is the American University (NCAA) champion from Stanford University in California, credentials which compatriot John McEnroe also has in
      Reuter  -  388 words
    • Article
      Lock icon England rejects tickets
      516 17 AFP THE ENGLISH Football Association (FA), worried by international repercussions to marauding English soccer fans in Europe, have rejected their share of tickets for the World Cup qualifying game against Norway in September. Ted Croker, FA secretary, made the announcement at the summer meeting in Eastbourne during
      AFP  -  516 words
    • Article
      Lock icon TV money for a Sunday final
      187 17 AFP TELEVISION is prepared to pay Wimbledon a staggering £400.000 to stage next year's men's singles final on a Sunday. All England Club secretary Christopher Gorringe said his committee had already had talks with the aim of instituting a Sunday finish to the world's
      AFP  -  187 words
    • Article
      QUEST FOR GOLD CUP CROWN
      898 17  -  By RONALD KOW SINGAPORE lest this year's Malaysia Cup the top annual attraction tor local football fans. It can, however, still hope tor the Merdeka tournament, which will be held a hit later in the year, hat the Republic's chances of winning this international competition
      898 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      513 17 Nordic Bank Consolidated Balance Sheet as at 31st December 1980 Share Capital and Reserves Share capital Reserves Minority Interest Loan Capital Total Capital Funds Deferred Taxation Deposits repayable after 1 year Current Liabilities Current and deposit accounts Accrued interest and other accounts payable Taxation Proposed dividend Total Liabilities and Capital
      513 words
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  • Article
    Lock icon Oil imports of US at lowest monthly level
    214 18 Reuter US oil imports fell last month to their lowest monthly level since 1975, but the trade deficit fell only slightly to U553.44 billion, compared with $3.46 billion in April. The Commerce Department said consumers are still trying to reduce their use
    Reuter  -  214 words
  • Article
    Credit card service
    92 18 OVERSEA-Chinese Banking Corporation (OCBC) has joined the credit card market. It became a principal member of Singapore MasterCard International Incorporated in February this year. The credit card service is now open to the public and application forms are available from the OCBC Credit Card department. There is
    92 words
  • Article
    Lock icon More losses for Rollei's banker
    429 18 NYT NORDDEUTSCHE Landesbank, the West German bank which has already written off loans worth over 600 million marks (USs24sm) which it made to the failed Rollei Camera Company, is facing further losses of over 100 million marks from existing loans to the company. The bank,
    NYT  -  429 words
  • Article
    Lock icon US and Bolivia not happy with tin pact
    306 18 Reuter TIN EXPORTING and importing countries have agreed on the text of a new international agreement but the United States and Bolivia have deep reservations. The spokesman for the producer countries, Mr Abdul Zakaria of Malaysia, said the text adopted after four
    Reuter  -  306 words
  • Article
    Lock icon Third World nations owe US$580 billion
    399 18 AP POOR countries owed US$5BO billion at the end of last year and were falling further behind in their payments, according to new figures released by the International Monetary Fund (IMF). The poor countries were $6.8 billion in arrears compared to $5.1 billion the
    AP  -  399 words
  • Article
    Lock icon CBI says UK pay rises must be trimmed
    294 18 Reuter THE Confederation of British Industry (CBI) said yesterday that pay increases in Britain must be trimmed or 3.5 million people could be out of work by the middle of next year. In a report on the coming wage round, it also
    Reuter  -  294 words
  • Article, Illustration
    Hussein Onn to hand over office on July 16
    220 18 MALAYSIA'B ootgoing Prime Mialster, Datak Hasseia Onn (tkmve), said be woald hand over «(lice to his sacceasor, Datak Serl Mahathir Mohamed, on Jaly 11. He tald the Geaeral Assembly a( the ruling Islted Malays NattoaaJ Organisation <lmno) la Kaate Lam par
    220 words
  • Article
    Bankers worried by KL's heavy public spending
    607 18 MALAYSIAN merchant bankers have expressed concern about the high level of public sector expenditures, particularly the large outlays on long gestation projects such as those assigned to the Heavy Industries Corporation (Hicom). They estimate that prices increased last year by more than 10
    607 words
  • Article
    Lock icon GRAIN SALES TO CHINA
    288 18 UPI CHINA is expected to buy more than eight million tonnes of American grain this year and possibly become the United States' third biggest customer of agricultural products, US Department of Agriculture officials said last Saturday. Agriculture department deputysecretary Richard Lyng, leading the first high-level US
    UPI  -  288 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      157 18 business opportunities IN KUWAIT Kuwait Times, the leading English daily of the Arabian Gulf will be highlighting a special supplement on Singapores National Day. The supplement will highlight the economic and social progress of the country, relations with Kuwait, Banking, Industry, Commerce, Trade, Tourism and Investment opportunities in the country.
      157 words
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      Page 18 Advertisements Column 2
      156 18 VISIT THE LARGEST PRODUCTION MACHINERY SHOW IN SOUTH EAST ASI A MachineAsiaBi i4—lB September 1981 World Trade Centre Singapore Over 350 companies from 20 countries will collectively display and demonstrate the latest technology in: Woodworking machinery Furniture components Engineering plant equipment Power tools, hand tools Factory and warehouse goods handling,
      156 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      67 18 £WEAT t HER= Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in few areas around midmorning onwards. Report for 24 hours prior to 7.31 pm on Jane 28 at the airport. Maximum temperature 32.9 Associated humidity 67 Minimum temperature 24.3 Associated humidity 98 Hours of sunshine 6-20
      67 words
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  • SHIPPING TIMES
    • Article
      Societies urged to focus on engine performance
      273 19 CLASSIFICATION societies have been strongly urged to pay more attention to engine performance as ship operators, burdened by spiralling fuel costs, opt for lower-grade oil. The call comes from Mr Mitsuo Sato, chairman and president of the Japanese society Nippon Kaiji Kyokai (NKK).
      273 words
    • Article
      Malaysian owners hope for a 12-year tax holiday
      603 19  -  By VONG NYAM MING MALAYSIAN shipowners are hoping the government will rule in their favour for the provisions governing a 12-year tax holiday contained in the Income Tax (amendment) Act 1979. The shipowners are not sure whether the 12-year tax holiday as
      603 words
    • PORTSIDES
      • Article
        Lock icon MISC seeks Euro-loan
        170 19 Reuter THE government owned Malaysian International Shipping Corp (MISC) is expected to enter the market shortly for a syndicated 140 million Eurodollar loan to refinance aft earlier borrowing of the same amount, bankers in Kuala Lumpur said. They said term of the loan is expected to be
        Reuter  -  170 words
      • Article
        Lock icon Cutting bunker charge
        47 19 Reuter THE Australia Eastern USA and Australia Eastern Canada shipping conferences said they are cutting the bunker surcharge on vessels from Australia to the East coast of the US and Gulf ports to 11.38 per cent from 14.06 per cent, effective July 24. Reuter
        Reuter  -  47 words
      • Article
        ABS signs memorandum
        133 19 THE US Coast Guard and the American Bureau of Shipping (ABS) have signed a memorandum of understanding concerning plan approval and inspection for new vessel construction. The memorandum provides for coast guard acceptance of ABS plan review and inspection of certain items on vessels under construction which
        133 words
      • Article
        Plans for new Indian yard
        56 19 A PROJECT to set up a new shiprepair yard in India is being actively promoted by a company called Escorts, which has plans for facilities which include a new floating dock of 25,000-tonne capacity. The company has asked the Indian government for necessary foreign exchange
        56 words
    • Article
      INDEX TO ADVERTISERS
      802 19 Shipping Uik P»*f C#l Actupelego vn 4 Afea VI 3 A (rev Eurasia VI 2 Alltrans vm i Alpac VI 5 Angkulan VI 4 Angonave vm l ANIL i I AnloU vm l API. m 45 Argentine IV 4 ASCL m l Asia Merchant VI 4 Australian
      802 words
    • Article
      SHIPS IN PORT
      296 20 EXPECTKD ARRIVALS TODAY KEPPEL WHARV ES Bangsaen (Tanker) (2359 subject gas free P O) 14 Catamarra II (2200 after Morillo) 42 43 Equator (after Kim Soon Li) 22 Golden Haven (hauls after Lloyd Bakke sails) 6 7 Golden Wonder (1800 after Straits Enterprise) 45 Kaigo (shifts after
      296 words
    • Article
      Container Schedules
      1093 20 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 Planeta 4S 25.6.81 0700 Borneo TA 4 vc Maersk Tempo 8126 25.6.81 1700 Maersk 51 TT Laura Maersk 8108 26.6.81 1600
      1,093 words
    • Article
      LONDON FREIGHTS
      1361 20 CHARTERING was on a small scale on Thursday throughout all sectors of the freight market, brokers said. In a dull grain sector, rates continued to edge lower where changed. A 50 cent drop was seen from the US Gulf to Japan, at US$2B, and a similar decline was
      1,361 words
    • Article
      LONDON SHIP SALES
      614 21 FOLLOWING the recent strong activity in secondhand tanker sales, this sector cooled down slightly in tbe London secondhand market last week. A number of tankers were still traded and among them were two very large crude carriers controlled by Brazilian interests which were rumoured to have been
      614 words
    • Article
      Lock icon UNITED STATES CONTROVERSY
      1284 21 NYT THREE years ago, the aging and rust-pocked luxury liner United States was berthed in a Newport News Dock, mothballed and unwanted But now the 990-foot liner once the pride of the US passenger fleet and the fastest ever of the great luxury liners is caught in
      NYT  -  1,284 words
    • Article
      Berthing delays likely to continue at Bombay port
      220 21 BERTHING delays at India's western Bombay port have risen to 38 days from 28 days, and prospects for an improvement in the waiting period for ships appears bleak before the present monsoon season ends, the Press Trust of India (PTI) said. Mid-stream
      220 words
    • Article
      SHIPPING LIST where your ships are due...and when
      562 25 —I—^ SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks.
      562 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      311 19 [$_+<+}.~+|@"&([*,+^%'&,>@^..~^ CONTAINER Schedules II SHIPS In Port II ir SHIPPING List VII REGIONAL Weather VIII SHIP Sales 111 2 JAR N I \H Orient Overseas Co*Uci*teA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) La 2/7 1300 MRS ii IUH .if 'rioiiyri'tTf KOREAN CHANCE X S SEAS BROS 3IE QtVAintOS
      311 words
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      Page 19 Advertisements Column 2
      374 19 DSEALORDIS m UASC UNITED ARAB SHIPPING CO (SAG) 6/7 Mma Qaboos (18/7) GULF Bexpress multi purpose services Loading for Dubai (8/7), Kuwait (9/7). Dammam (13/7), Abu Dhabi (15/7). Doha (17/7), Bahrain (19/7) Dubai (20/7), Kuwait (22/7), Dammam (26/7) Abu Dhabi (28/7), Doha (30/7), Bahrain (1/8) Dubai (5/8), Kuwait (8/8). Dammam
      374 words
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      Page 19 Advertisements Column 3
      652 19 Nedlloyd Lines Call us We call the world Agents: Nedlloyd EAC Please refer to pagfe v MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S PACIFIC. GULF, ATLANTIC, EAST CANADA. ASIAN PORTS Fe*der V FONDO m un I. it ALVA MAERSK ARILD MAERSK It Singapore iLongbeachlNew York 30/7 6/8 13/8
      652 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      726 20 MISC M 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 Cwtaiww Service To Eiwpt Feeder *P Kelang Vessel Spore 1) Mseilta 21 Rdam 3> Hburg 4) Gburg B OAHIIA SM NIHON
      726 words
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      Page 20 Advertisements Column 2
      160 20 SUPERCARRIER SERVICE Barber Buesea FROM: US GULF US ATLANTIC EAST CANADA Pi—H Jakarta 17/1 *22/1 *22/1 *2J/« 21/1 l«/l *21/1 21/1 2/9 1/9 1/9 *1/1 5/1 VI 1/1 9/9 15/1 11/9 H/9 H/9 KXT mn»Li "BARBER PRIAM" Mr 3. "BARBER THERMOPYLAE" Mr 5. "BARBER TAIF" Mr IC. "BARBER MENELAUB" Mr
      160 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      685 21 OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK/CONTINENT Ufa Bum A'warp LtHawt UX M/ 7 22/7 23/7 25/7 11/7 27/7 29/7 31/7 11/ l 25/7 >5/1 (09/1) 13/1 (12/1) 11/ l 07/1 M/| 11/ l 12/| 15/| 11/1 13/1 M/l
      685 words
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      Page 21 Advertisements Column 2
      602 21 o SINCE 1954 AS SHIPPING AGENT IN BANGLADESH WE OFFER YOU RELIABILITY EFFICIENCY EXPERIENCE KARNAPHULI LIMITED 19-A, KAKRAIL ROAD DACCA, BANGLADESH TEL: *****6, TLX: ***** KLTD fej *****2 KLS BJ CABLE: KANFUL, DACCA SERVING BOTH CHITTAGONG AND CHALNA CHITTAGONG: TEL *****5, *****0, *****5, *****6 TLX: ***** KLTD BJ CABLE: KANFUL,
      602 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      643 22 Hapag-Lloyd Hburg Bhaven Abo accepting transhipment cargo tor CARIBBEAN WEST HOtfS na Hamburg jjMWgjjj TW HK ll*— 2S/6 27/6 Mot) toe Maru 7/7 4/7 Ere* lam 14/7 16/7 Spore 30/6 7/7 19/7 P Kelang 1/7 8/7 20/7 Genoa 19,7 28/7 7/8 Trieste 24/ 7 2/8 13/8 TrtaEiprns EMM NORTH-EUROPE lla'JH
      643 words
    • Advertisement
      Page 22 Advertisements Column 2
      675 22 KOREA SHIPPING CORPN P. Ketang VEGA 161* 4 6 July VEGA 162E PENANG SPORE 7-9 My 1012 July FROM BUSAI BANGKOK 7-9 My 10-12 My TO BUSAN AIT All 165* 27-30 My 31 My-2 Auf 3-6 Aug ALT AW 166E 27-30 My 31 My-2 Auf 3-6 Au{ FROM BUSAI BANGKOK
      675 words
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      Page 22 Advertisements Column 3
      494 22 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE T ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMINGHAM, BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM. GOTHENBURG. AARHUS, COPENHAGEN HOLLAND AMSTERDAM S'pvt MM He*n Aehnrj Lt Ha» IwmHjtm 8/7 29/7 Jl/7 2/1 4/1 C/l f»« m* itn
      494 words
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      Page 22 Advertisements Column 4
      829 22 Everett Lines/ Burma Fiv« Star Shipping Corpn. JHk "BURMESE NATIONAL LINE" T LOADING FOR RANGOON L«Mki| lm lotterdam Antwerp Sparc 1/1 M SHW6TIWTm 3/4 M Ml*" to Port/31 k* lIMmM 4/7 u BFSSC Ag«nfs n Motoys»o BOUSTEAD SHIPPING —TEL NOS KL *****2/*****9 PA AN PHASMWGYAWYIM BASSE**** HTAIfTMVYIM Compania Argentina Da
      829 words
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      Page 22 Advertisements Column 5
      371 22 ao.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD IO SANKYO LINE JAPAN/STRAITS SERVICE OASIS DIKE TA6HOMARU SMNT SEMTAMM MARU MMtU SAMMTA I nun WESTERN RIVER social MOTS ocurn swt* I onofnii PIE ire muem ia 22*11*4/7 ******70 R LMM TU 4MM4. 4*475* AtEHTS M MALATSIA P. ALLANS EAST ASM SMPPME TU 3H78/3/7251
      371 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      725 23 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH. JEODAH AQABA (Reefer Cntrs Acceptable) 25-26/8 26-27/9 28-29/10 Accepting LCL Cargo to Colombo A Aqaba. *FCL Closing 21/7 2300 Hrs. S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ Closing Time: LCL 27/***** Hrs; FCL 30/6 1800 HRS EAST AFRICA/REDSEA SERVICE Singapore P.Katang
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      Page 23 Advertisements Column 2
      1094 23 BENUNE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE io noon Honftan( tiprtts Kjk*u| Eiprm I*l Eiprtti Mwili Bay Atanana Eiprm Tahf* B«T Kiwfi Mara Ptnant Eiaapt Put Ham 6 tia« 29/0 Mjw6w| Eiprm 27/7 30/7 7/7 Tafao Eiprm VI 15/7 AMaiana Eiprm 9/1 11/| Ham Bharen Rdam Ma,re UK Eiprm 27/7
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      Page 23 Advertisements Column 3
      652 23 f k i t kl Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN I DMK SM 0 PINAGA 3/7 0 MMK 10/7 1 PENACA 17/7 I OWIW 24/7 I PENWA it/7 I ONU PENACA 14/1 OWtIA ?1/| Sport I)*MdNs2)rda«i 3)HMrf4)CMr| imm 30/4 a/i nn nn an sum m mi
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      Page 23 Advertisements Column 4
      543 23 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REIfON I S. AFRICA A. VESSEL Spore: July Also accepting FCL containers. (loading direct for Reunion, Durban and Copetown only) Lines U.S. WEST COAST SERVICE tor SUe/tac VBC 12/8 16/1 16/9 20/9 I acceptinf cargo tor MMI2MMIO) (all mseb also cat loi*beach los Anfttn
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      808 24 KLINEI EXPRESS CONTAINER SERVICES TO NORTH AMERICA Cliern Sinfj J ?0 7 [jricr teeder »»swh the luiabie on request l«|oes Jho »ccept»tv» <m OAUnd. Vancouver Portland. Houston Galveston New Orleans, Boih*i St Mm. PW)Vtplx< (•»)<*. tiattmort, Sanannah. )ackson»§e TO EUROPE Spore r KeUnj; I Havre R dam H burg Bremen
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      Page 24 Advertisements Column 2
      714 24 a CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER SERVICE loj** lor lOS ANGEIES SAN FRANCISCO SEATTLE. TACOMA VANCOUVER BC Acceptaig FCI/FCI Contamers P Mang Smgaporr I Angeles "«shva parat SM| t Mr I Am AUSTRALIA EXPRESS CONTAINER SERVICE Acceptng FCI/FCI Containers P Aelang S port Melt Adei Syd Also accepts 9
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      Page 24 Advertisements Column 3
      624 24 A(«roui> SINGAPORE SHIPPING AGENCIES PTE. LTD 20TM FLOOR, OCEAN BUILOING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 114 lINESI TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A/B CARSMIP CABLE CARGOSMIP HTiTWIi ILLBLP Container Line JilllCS WEEKLY CONTAINER SERVICE to/from BANGKOK SINGAPORE hft/21 Ax 1/2 M 5/6 M 1/10
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      Page 24 Advertisements Column 4
      636 24 korins maritime services z Room 601. ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES S PORE P. KELANG LOADING FOR: A VESSEL 8 Jul Bahrain BUNGA VANDA... 20 Jul Jeddah/P.Sudan A VESSEL 20 Jul Iran Ports Shipping Co. Ltd. Y'hamaKobe S pore
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      Page 24 Advertisements Column 5
      642 24 ■MM INTRASEA (PTE) LTD. Faber House 2346 Orchard Road Singapore 9 Telephone *****1V*****57 VOAAtIA-tlll BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE Singapore Loadng far DART ATLANTKA NBIOS 29 Mr Mdah/ITMIn/HMfcrt/ Rotter dam/H>ury DART AftERICANA IMIIO 13 M -doFULL CONTAINER EAST BOUND SERVICE A EH* A VOW A MGHT
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      510 25 o t TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia K Jacejtn S pore Closing Times FCL Cargo LCL Cargo 0100 3/7 1300 2/7 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E Malaysia TO WEST COAST (USA)/CANADA LCI cargo acceptable to Seattle,
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      Page 25 Advertisements Column 2
      456 25 MALDIVE LINES NA2AKAT Loading For Dubai only MAIMVE SEAFARER Loading for Dubai/Bahrain/Ku wait MALDIVE PLEDGE Loading for Hodeidah MALDIVE NATION Loading For ieddah MALDIVE TOT AZ I Loading For Karachi MALDIVE PRIZE Loading For Kuwait MALDIVE PIONEER Loading For ieddah ETA ETA KUANTAN PORT KELANG 25/6 FOR BOOKINGS t ENQURIS
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      Page 25 Advertisements Column 3
      483 25 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SINSOV BUHMNG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SINSOV SM6APORE Telex Numbers RS ***** RS ***** RS ***** p keiang M/S SHAWM T HAH SOON SON. BHD IST AND 2NO FLOOR. NO 1. JALAN CEMPENNG. PORT KLANG.
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      Page 25 Advertisements Column 4
      126 25 NOTICE MOTOR VESSEL FOR SALE. We have a Malaysian flag vessel registered in Penang 1976, 670 deadweight tons built in 1956 class CR2 km in working condition for sale. Those interested please contact Mr. Thian telephone *****2 ext.26 for further details or write in officially to:Mr. Teag Kim Tee P.O.
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      625 26 EASTBOUND FROM CONTINENT REGULAR WEEKLY CONTAINER SERVICE ACCEPTING FCL/LCL CARGO FOR: AUSTRALIA ALL PORTS AUCKLAND, LYTTLETON COUMBO HONGKONG Al other enquiries cm be obtained upon request. FOR BOOKMGS PLEASE CALL TEL: *****11 (8 LINES) COMPANIA NAVIERA MARASIA, S.A. FULL CONTAMKSV SEHWCI TO AW FROM BARCf I OKA Ate accaptni carp
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      Page 26 Advertisements Column 2
      541 26 W9fiß| MAGINCO SHIPPING LINES PTE LTD SUITE 3003 INTERNATIONAL PLAZA ANSON ROAD, SINGAPORE 0207 TEL: *****82, *****92, 2C***** REGULAR SERVICE TO MIDDLE EAST/RED SEA lESSEL SPORE PXLANG PENANG LOAUNG FOR ■M LEE M PORT 3/7 DUBAI/BAHRAM ELLOW WEALTH M PORT 1/7 6/7 JEDOAH, HOOEDAH tINARBAKTI In Port 5/7 10/7 HOOEDAH
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      Page 26 Advertisements Column 3
      659 26 PROSPERITY SHIPPING (PTE) LTD. ETA S PORE LOADING FOR M.V. "JOO WAH" 10 July M.V. "JOO YAU" 25 July M.V. "JOO HENG" 2 July M.T. "JOO HONG (Palm Oi Carrier) In Port For Booking Pleose Contoct: Red Sea Sue*/ Alexandria/ Pt Said Phnom Penh West/East Malaysia. Singapore NGOH HONG HANG
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      Page 26 Advertisements Column 4
      391 26 Transocean Liners (Pte) Ltd. 1005 1008 10th Floor, Robino House, Shenton Way Singapore 0106 Phone *****33 Telex R*****9 Representing INTERMARITIME LTD. REGULAR SERVICE TO SOUTH AFRICA Singapore P.Kelong Loading for: MV "SAN PEDRO" 10/8 16/8 Durban, Voyage 25 Cape Town Agents: H.S.H. (M) Sdn Bhd. Port Ketone *****6 *****6 Kuala
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      Page 26 Advertisements Column 5
      422 26 St WOOD LINE Bulk Timber and Plywood Service SLUE* PK M. 004 ta Part 10/7 UK/CONTINENT SERVICE Sport PKatang Tj.Man T. Ayer Loadmg tar "Part 10/7 1/7 IMNTB/IDM/ UK/ESBJ 12/7 15/7 NANTES/RDM/ UK C/S 9/1 3/S NANTES/RDM/ SOUTH AFRICA SERVICE 12/7 15/7 6/« n/Durtoan Capetown n/OurtMH/Capetown General Agents:Wood Line (S)
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      176 26 1 eatner w Va J M. s r i ft w. j m B ;T 2 a r& 47 S/« t •4 K£S S5 t m K s. fr- -< i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction
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