The Business Times, 22 July 1981

Microfilm: NL11184
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, JULY 22,1181 60 CENTS
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  • BRIEFLY...
    • Article
      Plywood exports
      53 1 JAKARTA, Tues. Indonesia's plywood exports will reach nine million cubic metres a year when 20 new wood processing plants now under construction enter production shortly. The Director-General of Forestry Affairs, Mr Sudjarwo, said this represents a further stage in the implementation of government policies to export processed wood
      53 words
    • Article
      Assistance to Third World
      74 1 KUWAIT, Tues. Development assistance to Third World countries from Arab aid agencies and the Organisation of Petroleum Exporting Countries' (Opec) Fund for International Development increased from US$l.3 billion in 1979 to $1.9 billion last year, or by 43 per cent. A report by the coordination secretariat
      74 words
    • Article
      Lock icon More tourist arrivals
      66 1 AP JAKARTA, Tues. The Director-General of Tourism, Lt General Ahmad Tirtosudiro, said 561,000 tourists visited Indonesia last year, about 11.9 per cent more than in 1979. He said that each tourist spent an average of about US$5O daily, staying an average of eight to 10 days and
      AP  -  66 words
    • Article
      Lock icon Japan rejects offer
      75 1 AFP TOKYO, Tues. Japan rejected Mexico's offer to treble its crude oil exports to Japan from the present 100,000 barrels to 300,000 barrels daily. Mr Tokio Nagayama, president of Mexico Petroleum Import Co, which acts as the Japanese agency for importing Mexican oil, also expressed reluctance to
      AFP  -  75 words
    • Article
      Lock icon Order for steel pipes
      82 1 Reuter BONN, Tues. West German companies have won a multi-million dollar order to supply the Soviet Union with 100,000 tonnes of steel pipe. The order was- clinched by a joint sales operation run by the West German company Salzgitter and the Dutch-German company Estel. The highpressure
      Reuter  -  82 words
    • Article
      Lock icon Rise in unemployment
      70 1 AP LONDON, Tues. Britain's unemployment rate has risen to 2.85 million, or 11.8 per cent of the work force. Unemployment has more than doubled since the Conservative Party of Prime Minister Margaret Thatcher came to power in May 1979, when 1.3 million people were out of work.
      AP  -  70 words
    • Article
      Lock icon Kurdish attack
      56 1 AP BEIRUT, Tues. Kurdish separatists opposed to Ayatollah Khomeiny's regime ambushed Iranian soldiers and revolutionary guards in north-west-ern Iran and the ensuing clash left 13 dead. Members of the outlawed Kurdish Democratic Party and its ally, the Marxist Kurdish Komoleh group, attacked the security forces' patrol cars in
      AP  -  56 words
  • Article
    Aerospace sector attracts more
    603 1  -  SIMMONDS LATEST TO COME IN By WANG LOOK KEAH THE ECONOMIC Development Board's efforts to develop the aerospace industry in Singapore is bearing fruit, Judging from the influx of American and European aerospace companies. In the past months, several aerospace companies have made committments to invest
    603 words
  • Article
    Share prices take another beating
    585 1 STOCK market pundits, buffeted already by the rapid plunge in prices during the last three weeks, grimaced yesterday as banks announced another round of interest rate increases. The current liquidity squeeze, resulting in rises in lending rates, is one of the main factors that have
    585 words
  • Article
    Avoiding losses in fire insurance
    456 1  -  ®y ALVIN TAY THE general insurance industry was given some tips yesterday on bow to avoid the disastrous results suffered in underwriting fire risks over the last two years. Fire service director Urn Beng Lock said insurers should vary the premiums according to the risk
    456 words
  • Article
    Tandem to set up base
    412 1 TANDEM, an American computer company making high-capacity minicomputers, plain to set up a service and distribution base in Singapore this year. The company is now negotiating with several original equipment manufacturers (OEMs) to allow its products to be offered to a large base of potential
    412 words
  • Article
    Lock icon New Cabinet to meet
    88 1 AFP THE NEW Malaysian Cabinet will bold its first meeting today during which Prime Minister Datuk Seri Dr Mahathir Mohamad will outline to the ministers what he expects from them and their ministries. Dr Mahathir will also put forward his thoughts on ways to continue with
    AFP  -  88 words
  • Article
    Minister justifies the raising of duty on bets
    123 1 ■OPING top*» from Lady Lnefc wtt east Is If per wst frm the present It Hhm'Li alLl ttaTorverament Is trying to take king" h raise saaw rev»Gambling Is big business la tarkSywr aassnSivtß The Gsverameat's was $KJ rite TMs Is based on
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  • Article
    Clearing cheques Hongkong style
    454 1  -  By OUR REPORTER THE computerised cheque clearing system to be instituted in Singapore late next year will be modelled on that operating in Hongkong. This is because the Singapore Clearing House Association will award the contract for the running of its computerised cheque clearing system to
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      233 1 Y"% SINGAPORE business FOR PEOPLE WHO MATTER A Times PenoOcab Pudicaiton PARAMOUNT Corporation berhad has acquired seven pieces of land and four property companies at a total cost of Ms9o million P»ge 14 ALTHOUGH investor sentiment is rather bearish at the moment, it seems rather unlikely that the stock market
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      Page 1 Advertisements Column 2
      6 1 N BTW© Phone: *****30/*****24 /***** 7
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      0 1 ?"/(!)).'\)}\)|^$%~|<,)';._'(,,
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      Page 1 Advertisements Column 4
      127 1 ~([*<*;+,$'\=>*!\&'@:]&%{=-?._( frQualty warehousing PRME LOCATION STAGE 3 DEVELOPMENT OPERATIONAL EARLY 1982 v\: S3 SH 4rSS 5% f n if n 3CSfi£ **Tr fm t; >■ An Associate Company of The Hongkong Kowtoon Wharf Godown Company, Limited High-quality multi-storey warehousing in central River Valley area 14-storey complex of 55,742 sq. m
      127 words
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  • TRADE AND INDUSTRY
    • Article
      Mexico seeking Asian markets
      332 2  -  By SIOW LI SEN MEXICO is beginning to look westwards, that is towards Asia, instead of concentrating on the United States. Disclosing this yesterday, the Mexican Under Secretary of Finance, Licenciado Jesus Silva Herzog, said Mexico has been an inwardlooking country up till now. Currently on
      332 words
    • Article, Illustration
      NEW GENERATION HOVERCRAFT
      207 2 THE first of a new generation of hovercrafts (ab*ve) developed by the British hovercraft Corporation will be shown at the Asian Aerospace Exhibition and Conference here in September. Designated the API-88, the hovercraft offers a higher payload for ferry operators and military users as it has a
      207 words
    • Article
      Devan Nair gives up ARO post
      342 2 NATIONAL Trades Union Congress president Devan Nair has stepped down as Singapore's representative to the Asian Regional Organisation (ARO) of the International Congress of Free Trade Unions (ICFTU). He is succeeded by Dr Wan Soon Bee, NTUC's divisional director and newly elected MP for
      342 words
    • Article, Illustration
      Prompting US-Asean ventures
      505 2 SINGAPORE is lo be the nerve centre for the regional operations of a US-based company whose role is to promote joint-ventures between Asean and North American interests. Mr Randall Donohue, president and managing director of Asean-America Trade and Development Corporation, believes that there is enormous potential in
      505 words
    • Article
      Compton expands
      268 2 COMPTON Advertising (S) is beefing up its operations to keep up with its fastexpanding business. Compton's newly appointed chairman, Mr Stephen Khong, said the agency will not only streamline its media, creative and accounts servicing departments but will also employ more people. "We now have 30 people but
      268 words
    • Article
      Bill on merchant shipping passed
      665 2 SHIPS that cause oil pollution will no longer be able to protect themselves by limita their liability to a mere per tonne of ship tonnage. With the passing of the Merchant Shipping (Oil Pollution) Bill in Parliament yesterday, Singapore now comes under the International Convention
      665 words
    • Article, Illustration
      Will property prices continue to rise?
      252 2 WILL the local property market suffer the same fate as its Hongkong counterpart; which is becoming increas— ingly sluggish lately? will property prices continue -I their upward trend indefi- nitely? These are some of questions which will be an- w swered by Mr C
      252 words
    • Article
      Diamond designers invited to submit entries
      285 2 THE DIAMOND Importers Association of Singapore (Dias) is inviting designers to submit diamond designs for the 1962 International Diamond Award. The award is the world's largest and most important diamond design competition. It is sponsored by the Diamond Information Centre on behalf of De
      285 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      222 2 You can bet... Every race is a winner at t e sr V, I 4 The Stables Tote RACE 1 LUNCH Executive Businessmen s Lunch RACE 2 DINNER Our specialty: US Prime Rib of Beef Successful businessmen and people with good taste lunch, dine and entertain at The Stables, of
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      150 3 V J :jr >§J JW *r(k t fV* 1: v DITSUH ■alt,-tfcJS' DISTRIBUTOR FOR SINGAPORE Tan Chong Sons Motor Co (S) Pte Ltd cffla SALES CENTRES: BEDOK BRANCH: 703 Blk 210 New Upper Changi Road S-1646 Tel: *****81. BUKIT TIMAH BRANCH: 921 Bukit Timah Road S-2158. Tel. *****3. JURONG BRANCH:
      150 words
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  • RAW MATERIALS
    • Article
      RUBBER
      186 4 THE Singapore rubber market yesterday closed firmer with August 1 RSS buyers quoted at 215.00 cents per kilo, up three cents from yesterday's close, dealers said. Prices rose 1.50 cents in early afternoon trading on short-covering but fell back slightly after the close. In Koala Lam par, the market
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    • Article
      PALM OIL
      138 4 THE Kuala Lumpur market yesterday eased further despite some light covering towards the close in quiet trading, dealers said. In July north dropped Ms2s to $955 a tonne and south fell $10 to $965. In August, the central region fell $15 to $945 while south slipped $10 to
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    • Article
      Straits Tin
      91 4 THE Straits tin price in Penang yesterday rose 5$ cents to M$3l.M cantinning to firm within the IT A middle range of $31.19 to $51.74 slnee last week, dealers said. lie firmer sentiment was attributed to higher overnight Lsndsn advices cen pled with continned strong support especially from
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    • Article
      CLOSING PRICES
      34 4 Rubber. July 21 Singapore: Aug: 215.00 cents (up 3.00 cents) Malaysia: Aug: 235.60 cents (up 2.00 cents) Tin: M 531.60 per kilo (up 50 cents) Official offering: 235 tonnes (down 35 tonnes)
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    • Article
      RAS PRICES
      334 4 RAS prices tn cents per kilo yesterday Dnw (per kilo) Buyers Sellers tat 1 R.S.S. prompt f o b. 204.00 305 OON tat 1 R.S.S. August 214.50 215 00 tat 1 R.S.S. September 222 00 222.50 tat. 2 R.S.S. 219 50 230.50N UK/Coot 158.50 199.50N tat. 3 R.S.S.
      334 words
    • Article
      SSR and SMR
      93 4 NOON S8R «>d 8MB pntm ywt ertajr RA8 SSR 20 SSR50 (l-ua pellet > (1 Ma pallet) (Carraat Ntk) Bayer* Seller* 196.50 197.60N ***** 196.00N (FoHrart Mttl Bar en Heller* 197 JO 199-50N 196.00 *****N SS-j-osas 3 illlili (1-toa pallet) 11 ton pallet) (1-U» pallet! (1-ton pallet)
      93 words
    • Article
      Produce exchange
      168 4 CHINESE Pradaee Exehtige, Stappwt, cledag prices per lttkg yesterday. Cim—t ail: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.5© sellers Cape»: Mixed (loose) $72.75 buyers. Psppsr: Muntok white pepper fob Asta NLW $370.00 sellers, Sarawak white pepper faq fob
      168 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follow* in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttsa yam: China Blue Phoenix 20s 2.375 32s 2,880, 40a 3,020 (per bale at 400 lbs). Pises gssds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      SOYBEAN
      168 4 SOYBEAN futures in Chicago on Monday recovered from a limit decline in spot to close down 24 to 19 cents per bushel, on a 23-cent range in July. Widespread weekend rains and a weaker tone in the cash market at the Gulf kept futures on the defensive from the
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    • Article
      RICE
      326 4 SINGAPORE: Yesterdays closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.38, 100 per cent second class 1.16, 100 per cent third clans 1.10, 25 per cent new crop no stock, B-IQ per cent no stock. THAI BROKEN: A-super 0.80, Special
      326 words
    • Article
      LONDON MARKETS
      605 4 COPTEE: Robust* coffee futures ended yesterday morning session with gains of about £60 to £42 at mid day, following an extremely active and extended opening call, traders said. They said the gains from the previous close, which early on readied as high as £70 on the Sep position,
      605 words
    • Article
      WHEAT
      211 4 WHEAT futures in Chicago on Monday closed near the lows of a 5V* cent range, down 5Vi to IV* cents per bushel. Exporter pricing underpinned wheat values all day despite extreme weakness in the feed grains, traders said. Slowed country movement and a firmer cash basis also supported the
      211 words
    • Article
      Lock icon A word on pitfalls in commodity futures
      806 5 NYT OF ALL THE pitfalls facing commodity futures traders, none may be as dangerous as following market letters. In the time it takes to collate data, write the findings and have it printed and mailed, markets can stage dramatic reversals. Meanwhile, futures, despite
      NYT  -  806 words
    • Article
      Lock icon Call for new grain talks
      529 5 NYT AN INVITATION for new grain has been sent to Moscow. William Brock, the US trade representative, would bead the American negotiating team. However, a spokesman said no date or place had been set, as yet, for the talks., During the 12 weeks since President
      NYT  -  529 words
    • Article
      Taiwan cuts commodity taxes
      150 5 TAIWAN'S legislative Yuan, in a move to help stabilise commodity prices, has approved commodity tax reductions on sugar, petroleum products, refrigerators, phonographs, tape recorders and diluted fruit Juice ranging from one to 15 per cent. The government will lose tax revenue of over Taiwan $900 million
      150 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      179 4 v x>. o p- Just take one of these for instant refief Take the Oc6 cure in the form of a new, revolutionary photocopier that gives instant relief from photocopying headaches. Our new 1900 has a tiny microprocessor that controls a whole host of features to give you painless copies
      179 words
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      Page 4 Advertisements Column 2
      105 4 'No, terribly sorry youlre not welome' It's far too popular already. I don't know what a man has to do these days to hang on to a pub he can call his own. There's always someone with a loose tongue who'll spread the word about the superb food and wine
      105 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      120 5 Saabject of great interest v-« m r MM-%A V turbo mm om. The unique offer I The American Express Card introduces a unique offer on the Saab 900 series. Whether you wish to make a booking fee, pay a downpayment, or even pay the full price of any of the
      120 words
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      Page 5 Advertisements Column 2
      195 5 Two names dedteated to the Art off Time. Watches of Switzerland House of the finest collection of Swiss timepieces dedicated in their service to bring to you the most exquisite creations of time. Makers of the first Swiss wrist-watch, dedicated in their tradition to perfection in craftsmanship and design of
      195 words
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  • OVERSEAS
    • Article, Illustration
      Lock icon Reagan stands firm on interest rates
      819 6 CONSENSUS ON OTHER ISSUES Reuter THE OTTAWA economic summit ended yesterday with no sign of President Reagan relenting on his firm fiscal policy despite strong European pressure for lower US interest rates. Government leaders of the seven leading noncommunist industrial states are expected to
      Reuter  -  819 words
    • Article
      Lock icon IMF forecasts bigger Soviet trade deficit
      259 6 Reuter THE INTERNATIONAL Monetary Fund (IMF) has tentatively forecast an increase in the Soviet trade deficit this year, although it will be largely offset by gold and other financial transactions. The IMF says although the Soviet Union and most other Eastern bloc countries are
      Reuter  -  259 words
    • Article
      Lock icon West warned of shift in balance
      238 6 Reuter THE Soviet Union would face great costs and risks if it challenged Western forces despite the latter's shortcomings in conventional military strength. The Carnegie Endowment for International Peace, a private research organisation, said the military balance could shift against the West if the
      Reuter  -  238 words
    • Article
      Soviet pipeline talks to take more time
      170 6 TALKS on a US$lO billion pipeline deal to bring Soviet natural gas to Western Eu- rope will take another two to three months. Bonn government sources said the sticking point in the talk» is the interest rates on a 10 billion mark credit
      170 words
    • Article
      Lock icon Bonn plans to cut public spending
      420 6 NYT WEST Germany plans to cut public spending sharply in 1982 in an effort to reduce federal borrowing. Hans Matthofer, the Finance Minister, said West Germany's 1982 federal budget will be held to roughly the equivalent of US$lOO billion at present exchange rates, necessitating
      NYT  -  420 words
    • Article
      Lock icon MONEY OUTFLOW
      230 6 Reuter THE AUSTRALIAN government's decision to relax controls on overseas investment by individuals and companies is unlikely to lead to a flood of money into foreign stock markets. Brokers and economic analysts in Sydney say few institutions will have the funds to take full advantage of deregulation and
      Reuter  -  230 words
    • WORLD IN BRIEF
      • Article
        Lock icon SOFTWARE PACKAGE
        412 6 Agencies EASTMAN Kodak Co said it has developed a software package that makes the Kodak IMT micro-image terminal plus compatible with the IBM 5100 computer systems series. The new software package provides users with electronic filing on a turnkey basis, the company said. AIBHIN SeiU Co Ltd ef
        Agencies  -  412 words
    • Article
      Lock icon Japan let off on trade surplus issue at Ottawa
      265 6 AP JAPAN emerged frem the eetSMk »o mm] t at Ottawa aaseathed, aid largely aaehalieaged, ea the toaehy tane sf Its grewlag trade sarptoa with Earvpe. Mr llrtai Fakada, Dtrector-geaeral d the Eeaasofc Affairs Bareaa ta the saff jhya aawtaria —re
      AP  -  265 words
    • Article
      Lock icon Gap unbridged at MFA talks
      450 6 Reuter TEXTILE exporting and importing nations adjourned a week of talks on Monday with both sides still far apart on a new International Multiflbre Arrangement (MFA) to replace the current four-year pact which expires at the end of the year. The 51-member textiles committee established
      Reuter  -  450 words
    • Article
      Lock icon MCA will continue to aid poor Chinese
      367 6 AFP THE MALAYSIAN Chine* Association (MCA) will continue carrying out projects to help poor Malaysian Chinese unless other political parties can offer something better. Its president, Datuk Lee San Choon, said In Kuala Lumpur yesterday that the association will ignore criticism of its
      AFP  -  367 words
    • Article
      Lock icon Call to cut textile curbs in stages
      438 6 AFP DEVELOPED countries should gradually remove their restrictions on the international textile trade. This was unanimously agreed by 21 developing nations at last month's conference on international trade in textiles held in Hongkong. The conference agreed that the removal of the restrictions should
      AFP  -  438 words
    • Article
      Lock icon Indonesia seeks new markets for coffee
      163 6 UPI INDONESIAN coffee producers will have to look for new export markets in non-quota countries to absorb their production surplus. The Coffee Producers Association said yesterday that Indonesia exported 192,000 tonnes of coffee to members of the International Coffee Organisation (ICO) last year. But
      UPI  -  163 words
    • Article
      Lock icon Ford rules out deal with Toyota
      165 6 Reuter FORD announced on Monday in Detroit that it has ruled out a Joint venture with Japanese giant Toyota to build small cars and vans in the United States. But Ford, the second biggest American car manufacturer, said it remains committed to exploring the
      Reuter  -  165 words
    • Article
      Lock icon TEXTILES PILE UP IN INDONESIA
      116 6 AFP MORE than 300 milhoo metres ot Indonrsiaa textiles were reported yesterday to be piled up In starebouses In West Java because of Jakarta's restriction on textiles exports to several European countries. Desides the dull market situation at home, the export restriction has caused a
      AFP  -  116 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      708 6 ARRIVALS Serrke Local Operator Namber The Proa PAA PA005 0010 NYC/SFO/HKG MAS MH001 0830 KUL MAS MH680 0M5 KCH SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA mm 0830 BWN MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP CPA CX710 1006 HLP
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  • BANKING AND FINANCE
    • Article, Illustration
      Money supply bulge dampens debt market
      695 7 THE US$6.9 billion surge in MIB this week dramatiIcally changes the outlook -for interest rates in the i,United States. Many analysts may report this increase as an aberration coincidental to the social security payment of early July. Past experience clearly shows that at least
      695 words
    • Article
      All set for US-style money funds
      219 7 LUXEMBOURG is in the final stages of introducing legislation that will permit the establishment of American-style money market funds in the Grand Duchy, according to Mr Ernst Muehlen, Secretary of ,£tate for Finance. The government already has already given Shearson Loeb Rhoades, the US
      219 words
    • Article
      Chemical NY remains optimistic
      360 7 SECOND quarter earnings of Chemical New York Corporation will be up about 15 per cent from U5546.4 million earned in the corresponding period last year. "On balance, our earnings for 1961 are on plan", said chairman Donald C Platten. He expected the year as a whole
      360 words
    • Article
      INTERGOLD
      60 7 INTERNATIONAL Gold Corp of South Africa, will set up a Japanese subsidiary, International Gold Corp Japan Ltd in Tokyo either next month or in September to strengthen krugerrand coin sales in Japan. Over 75,000 troy ounces in krugerrand were sold in Japan in the first half this year, a
      60 words
    • Article
      Spain's first finance houses
      174 7 THE BANK of Spain has approved the creation of the country's first finance bouses in a move aimed at broadening the domestic money market. A central bank spokesman said the bank's executive council has authorised the creation of four bouses although up to 30 applications have
      174 words
    • Article
      French money supply
      116 7 FRENCH M-2 money supply rose a provisional-adjusted 2 per cent in April after a 0.5 per cent March gain, to give a yearly riae of 12.4 per cent in April after 10.7 per cent in March. The credit council said adjusted M-l money supply grew 2.3 per
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    • Article
      Lock icon Merger of three Manila concerns
      207 7 APT THE PMOTIN^MM the merger tt three fiaaacial l—Htsll»— safer the Herdls eeagtemerate te ilnitto their fl— rial pwIQM aaa at w same time avail ttwwtrii tt geverameat asslstaaee aader Its hall-eat pregn—a He kaaks te he merged with the latoraatlcael Cerperte Baak (hrterhaak) are
      APT  -  207 words
    • Article
      S'pore reinforces role as funding centre
      472 7  -  By ALVIN TAY HONGKONG banks and deposit-taking companies continue to rely heavily on Singapore to fund their huge loan commitments to the region. IT* Hongkong Monthly Digest of Statistics showed the Republic having total claims on the colony's banks and DTCs amounting to a
      472 words
    • Article
      Lock icon Pretoria raises bank rates
      355 7 Reuter SOUTH AFRICA has raised its bank rate to 12.5 per cent from 10.S per cent, effective yesterday, the reserve bank said. The rate was last raised to 10.5 per cent from 9.5 per cent on June 24. The reserve bank said in a statement the
      Reuter  -  355 words
    • Article
      FOUR MORE INCREASE PRIME
      62 7 FOOB iy CWPMSSMT"' MaUfii BaildM tai AIgNMW Buk NeMiai wOl rales today. OCBC to m« qasflsg lli best wtiain 11.75 per eeat tor leaas. TUe bUB per eeat leai thaa the level qaeto* by Ike ether three hlg lecal Malayaa Baaktog will peg He rale at
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    • MONEY AND EXCHANGES
      • Article
        PLR
        22 7 THE average rate at which major Singapore banks are currently prepared to lend to their beet customer* is 14.10 per cent.
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      • Article
        ASIAN $
        180 7 ASIAN ASIAN currency deposit Interbank rates as at close on July 21. UIMin(M Offer 7 days 18 V. 1SH 1 month IS 15/1818 11/18 2 month* 181V*****V16 3 month* 18 15/18 18 13/18 8 months 1811/*****/18 months 1711/1817 8/18 12 months 17H 17 w IvM Das. IULUL 1 month 3
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      • Article
        Discount
        44 7 RANGE of price* offer cd by 41acount bowee am July 21: OverateM Call deposits: »H% to CVk« Bayiag 3-month Mloaf 6* Treasury bills 6H 3-month Bank bills 14H MH 3 months CD 13H 13 V. (months CO 13W 13 Source: National Discount Co
        44 words
      • Article
        Hongkong
        84 7 THE dollar yesterday continued firm at the close here as rates finished at much the same levels as the opening, dealers said. There was movement In several currencies, but generally operators were awaiting the final outcome of the Ottawa meeting. The Hongkong dollar finned a little to 5.7000/50 from
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      • Article
        Singapore market
        440 7 THE US dollar yesterday closed slightly firmer against the yen in the foreign exchange market but weaker against continental currencies The US unit was first traded at 2.1590 against the local dollar. It weakened to 2.1570 but a big buyer of US dollar caused the dollar to rise
        440 words
      • Article
        TOKYO
        184 7 THE US dollar for overnight delivery yesterday closed at 233.40 yen, down from a 233.80 opening here but almost unchanged from a 233.30/40 closing in New York and 233.20/40 on the West Coast on Monday. This was firmer than a 232.90 closing on Monday. Trading was moderate with volume
        184 words
      • Article
        LONDON
        126 7 THE dollar yesterday opened slightly firmer than its close here on Monday against most major currencies, but was below Its overnight levels in New York, dealers said. They said the market is quiet and featureless, with the level of US interest rates currently the main determinant of currencies. The
        126 words
      • Article
        GOLD
        217 7 SINGAPORE gold futures yesterday closed generally easier on some local and overseas selling, In light trading, dealers said. Total sales for the day was recorded at 30 lots while kerb volume at €7 lot* with interest mainly centred oa August and October contracts. Prompt closed weaker at U*****/412 an
        217 words
      • Article
        Silver quotes
        31 7 Nrw York Zartrt LBB UK MBB tJK Frt UBB ten »15S MM SW US I1« UB MB O^HPrt to US( Mtan > troy oac fc V Source: Credit Suisse, S'pore
        31 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      37 7 N.M. Rothschild a Sons a nil isinflapo,e Lim,,e<i flliU w Indicated Deposit Rates uss (Minimum balance US$10,000) N.M. Rothschild Sons (Singapore) Limited Ground Floor, Straits Trading Building. Battery Road, Singapore 0104 Telephone. *****1. Telex. RS ***** NMRSIN
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    • Advertisement
      Page 7 Advertisements Column 2
      136 7 A Collection of Total 180 Lots mkM'? P Ji v '••ifc 4 i 1 -7" including A pair of Chia Ching Period Pear Shaped Bottle Vase A pair of Imperial Yellow Double Gourds 'Chien Lung' mark A pair of Very Fine pd Rare Egg-Shell Vases A pair of Extra Huge
      136 words
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  • Article
    Reducing loss from fire
    321 8 JUDGING from developments of the past year, it looks as if only lip service has been paid by the insurance industry towards its social role. It was more than a year ago that the management committee of the General Insurance Association of Singapore said that it
    321 words
  • Article
    Reagan's stand is understandable
    304 8 IT WOULD have been a great surprise if the Ottawa summit did produce some concrete results. Experience has taught us not to expect that summit meetings will solve international problems. Communiques, couched in highsounding language, sound impressive on first hearing. Read in between the lines and
    304 words
  • Article, Illustration
    Lock icon Do they share similar strategy?
    1113 8  -  Are the economic policies of Mrs Margaret Thatcher similar to those o! President Reagan? STEVEN RATTNER makes a comparison between Thatcherisation and Reaganomics. STEVEN RATTNER NYT LAST WEEK, as Prime Minister Margaret Thatcher rebuffed calls for a costly youth employment programme to remove a presumed
    NYT  -  1,113 words
  • Article
    Lock icon VOCATIONAL CAREERS
    650 8  -  By ELIZABETH FOWLER NYT DRAMATIC advances in technology have put greater emphasis on vocational careers in fields ranging from air-conditioning to x-rays. E. Bradley Jones, president of the Republic Steel Corp., recently commented: "Sldll shortages are already so severe in computer, cable TV and non-traditional telephone industries that
    NYT  -  650 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      647 8 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 3 That of a lab explosion, by the way? (5j 8 Brown as pie can be (5) 10 Car driver! (5) 11 He makes many a point (3) 12 A famous name in food (5) 13 Had he bare success as a statesman? (7) 15"
      647 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      559 8 SINGAPORE S 3.00 PM Oponkg folowtd by The Young And T)m Restless 3.25 Mandarin TV Theatre (r) 4.40 Andent Greece 4.50 Carton jokictioni 5.00 Diary of Events (Malay) 5.05 New Ed Men Show 5.25 Off The Beaten Track Journey Into The Mountains 6.15 News (English) 6.25 Hitter's Cove At Odds
      559 words
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  • Article
    Lock icon France plans major arms export drive
    931 9  -  France has now decided to launch a major arms export drive. It seeks to do more business with the Arab states, its chief customers, and is trying to win new orders for other countries, including China and India. There are, however, blacklisted names on
    Reuter  -  931 words
  • Article, Illustration
    Lock icon YUGOSLAVIA JOINS THE LEAGUE
    740 9  -  By SLOBODAN LAZAREVIS Reuter THREE YEARS hehlad schedule, Yagoslavla is tee to «tor the ■■clear era la October whea its first aaclear pewer plaat starts The W4 megawatt (m«) plaat la Krake, betweea the earth-west-ern cities sf Zagreb and LjaMJana, Is Yageslavta's largest slagle capital iavestmeat,
    Reuter  -  740 words
  • Article
    Lock icon Grudging arms control
    769 9  -  FORUM with TOM WICKER NYT TWO DAYS after Secretary of State Haig said that the Reagan Administration was "developing more vigorous policies for inhibiting nuclear proliferation," those policies turned out to include acquiescence in the development of breeder reactors, with which weapons-grade nuclear materials can be produced.
    NYT  -  769 words
  • Article, Illustration
    Lock icon Restraints lead to Japanese car war
    664 9  -  By RICHARD BILL AP JAPANESE automakers, angered by the government's curtailment of car exports to the United States and Europe, are gearing up for a "car war" on the home front and elsewhere, hoping to make up losses incurred in the two major overseas
    AP  -  664 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      189 9 GOVERNMENT OF BRUNEI A jfiiimanon mm wiiwifn>nci or synin#iic running itici vo m# Drunti itsiionai oiaaium, Interested controctors and/or suppliers with proven experience on works of a similar nature are invited to apply for prequolificatk>n forms for the above. The synthetic running track that the contractor is offering must be
      189 words
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      Page 9 Advertisements Column 2
      203 9 FOR THE FIRST TIME, TWO INTERNATIONAL EXHIBITIONS YOU MUST NOT MISS IN SINGAPORE FEBRUARY 17-20 1962 WORLD TRADE CENTRE SINGAPORE PHARMEXq2 An international exhibition for the Pharmaceuticals, cosmetics, toiletries, perfumery and related industries. HE4UR C4RE ASXk 82 Singapore's first international exhibition on health care and personal hygiene. Theae two show*
      203 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        156 10 JULY SO Ftt ABN ***** unch Ahold HUB unrh Akan lim uiwh AMKV U.T0 -0J Am (mi VIM -11 Amrobnk 2=P-52-30 M00B 1X00 unch 0J Borsumlj Burhmann 63J0 laaoo 51 JO -ft J -a -0J nuaiwt 3100 -13 Cal*a Dtlft EMI Utj moo 75.40 -11 L4 Ehnla 131.00 .1
        156 words
      • Article
        Paris
        237 10 JULY 3D m CORBEILLE Alr-Uqutta B 8 N Q«rvaM Ummm CIF (ThomaonCla rrtncUM daa Patrotaa Compacnle Financier* va MM 230 Ml JO U M •flX* JJ Oompifnle Ocmrmto Credit Pone IK Da Pranc* Hichttt (UDralrta) MThlntt MlchaUn (B) ParlDa* PkIUmj ClgtlM KuhlVYIftr>n PhlUpS*(H» Own BtUl) Prtntemp* 8 A Rhone-Poulencc
        237 words
      • Article
        Frankfurt
        87 10 IB <on zroo +0l4 lauo mm -4 1 34 JO UUO -u nuo anch uuo maaB +i ay m» -OJ MJO l»SO SI JOB NLM -1 ijjooe moo -u 'i.i ***** -06 Dt Ttaco Dyckarhoff BT A Knlta Olana OalMobarf MJO +0J 1XVM +1 MM *U 71 MB 1J
        87 words
      • Article
        Zurich
        99 10 JULY Action* SulMW rrmacs ■3 unctt AJuaulaa Raa m -1 Brown BoWn Mr. m +5 Ota <M«y Br. in -u ate ono r c r» Cite 0*10 Rm. Mi Bnch Cradtt Sate it S13B Owllt Wntei lUf Ml +1 HoOmta L* TOO -W ♦1 MM +M0 l» unch SMi
        99 words
      • Article
        Milan
        9 10 m i IMSS! n i B I S
        9 words
    • Article
      NEW YORK STOCKS
      634 10 UM <N 1SM -M I »<"iffS MM MM -1M unch -1M M AluBbqo ami Am AlrikM MM •M •M -M TT -1M Aa CMBtaU A* BK PWT Aa bpm AB ROM Prod »M MM «H -M -M -1M -M M •4* MO MM -M -M -M -M
      634 words
    • Article
      TORONTO
      152 10 JULY a AMUbi 1 M M AJcan tH -1* 3M •k ouch Ik to BmUx carp ■T Out Ltd 1 >1 -1* Ounp Rod Lafct 1*W -1 Can lap Bk M id In* K J Cuiint cnu«f« 1 Conlnra I OH 1* -U Ooru B&tb *7* H Con* Mmrtcnor
      152 words
    • Article
      JOHANNESBURG
      151 10 INDU8TK1. A Alpha AS And CI AlflC S.~" Cum* Pinum D* bn lad Mean flWWtl F»d Veu rattt I I IU unefc H«M« WO LIM M LTA y im 110 Meaitti 1 M uneh IMMO n> I# mi. i Ok MM Era ffeCMMDt Pram Mil IM UM n» M
      151 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      463 10 ~=[?^*|]:>,]"&~[=.,>%)@[+'@.<.? The American Express Card serves you well, wherever good food is served". £223; < M 5 K l~( )r bamjuets I <>r <'(mrcntit >n.s lor other functions of flair less finesse Functions for up to 2SO guests Internationa! menus to choose from Complete range of audio visual equipment Ample
      463 words
    • Advertisement
      Page 10 Advertisements Column 2
      69 10 > mur% *=~> e, en restaurant presents Wednesday Fashion at 1.15 p.m. Jry our sumptuous Hunan licacies at no extra charge ExguaileCkXhMOt: 2nd Floor, Pamuli Shoppng CorapMs Make-up by M Floor. Orchard Ptaza Modais by: f Richard Tan Modeftng Training Centre Suppler (S) Ptt Ltd Studio: 242, Sim Urn Tower,
      69 words
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  • COMPANY NEWS
    • Article
      Cautious note at Oriental
      686 11  -  By HSUNG BEE HWA SHAREHOLDERS of Oriental Holdings have been advised not to be over-optimis-tic about the group's results in the current financial year despite the fact that pre-tax profits last year more than doubled to MJ58.64 million. Chairman Datuk Loh Boon Slew has warned that
      686 words
    • Article
      COMPANY BRIEFS
      288 11 THE Mistrial aid Commercial Buk (ICB) has announced that as at the end of the second quarter of 1981, 0.34 per cent of its issued share capita] was beneficially owned or controlled by foreign persons SHAREHOLDERS of PadBe Development Credit BM, at its EGM on July 20, passed
      288 words
    • Article
      Rights issue from AMD
      347 11 TOWELS and napkins manufacturer Allied Malayan Development Bhd (AMD) is making a much needed casta call. It has announced a one-for-one rights issue of 5.5 million new ordinary $1 shares valued at $1 each, doubling the group's paid-up capital to $11 million. The proceeds from the
      347 words
    • Article
      MUF LIVES UP TO EXPECTATIONS
      347 11 MALAYAN Upited Finance (MUF), long a dependable profit contributor to its parent, Malayan United Industries, has again lived up to expectations. For the year ended Dec 31, 1980, the finance company more than doubled its pre-tax profit to $3.19 million from $1.38 million the previous
      347 words
    • Article
      RESULTS DUE
      400 11 Date La st Fall Ym ir CMDpuy PerM tow— Net EPS Gram Pre-tax bit year (eeato) Mr. Praflt K L Industries (im) F 1/5 0.4 218 Kesang Tin F 5/5 64 K Kampar F 17/6 69 8 73 3 3,647 Kramat F 17/C 1.112L Gula Perak I NA
      400 words
  • ASIAN STOCKS
    • Article
      Share prices retreat
      304 11 HONGKONG SHARE prices yesterday retreated across the board and the Hang Seng finished 45.54 points down at 1,732.38. Dealers attributed the fall to a combination of a further reaction to the local interest rate rise announced last Friday, and uncertainty over the future course of rates. The
      304 words
    • Article
      Bangkok
      49 11 STOCK prices yesterday closed mixed in slow trading, dealers said. Thai Fanners Bank rose two baht to 244, Thai Danu Bank six to 241. JULY a MM Mi ran m ■iaToi Ayaftbar* LM m ♦a ♦a ♦M S —1J assr* —Z L t-i, g-io +u ♦a "HP n
      49 words
    • Article
      Manila
      41 11 JULY at JM wk ill it M 41 OM fcyw cwL B one ft II h lint aact JM Z£mS mjrr M +U M and M 41 1 Mao B Nftf JM JM SBC M h u**ii one I k
      41 words
    • Article
      Sydney
      193 11 SELLING gathered pace following declines on the New York and London markets. A fall in gold prices and another upward twist in the debenture interest rate spiral. Oils absorbed much of the selling as the sector index fell 21.4 points for a two-day loss of 32.4, while the All-Ordinaries
      193 words
    • Article
      Tokyo
      343 11 THE Tokyo market average lost 83.40 points to close below the 7,800 level for the first time in about one month at 7,756.76. Stock analysts attributed the sharp fall to the yen's weakness against the US dollar, President Reagan's firm stance on high US interest rates expressed at the
      343 words
    • Article
      Selected indices
      51 11 FINANCIAL TIMES INDUSTRIALS Monday 514.0 Friday 93S.7 Week Ago 5S2.1 DOW JONES AVERAGE INDUSTRIALS Monday #40.54 Friday 06«. 90 Week Ago 854.34 U.K.HANG SENG Tuesday 1732JB Monday 1777.82 Week Ago *****7 AUSTRALIAN INDUSTRIALS Tuesday 722.8 Monday 727.6 Week Ag« 730.3 ALL ORDINARIES Tuesday 86C5 Monday 688.7 Week Ago
      51 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      101 11 Every business has its share of VIP guests. What better way of telling them they're important than by greeting them in a chauffeur driven Jag? Unless, of course, you'd prefer the thrill of driving one yourself. So next time you have a VIP guest, impress him. The Jaguar Series 111.
      101 words
    • Advertisement
      Page 11 Advertisements Column 2
      186 11 SAVINGS ACCOUNTS: Deposit and withdrawal at any o' our 51 branches 3/0 10 0 4 p.a FIXED DEPOSITS: nr 2 P f or 1, 3, 6, 9& 12 months PRIME RATE: EFFECTIVE 21st JULY 1961 14% p.a. UNITED OVERSEAS BANK CHUNG KHIAW BANK Singapore's biggest banking group SAVINGS ACCOUNTS: Deposit
      186 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1791 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. BECTION ONE INDUSTRIAL COMMERCIAL Amis (IMB 3-868)
    1,791 words
  • Article
    Unit trusts
    127 12 ■WAWj 1»pl S"por» Prof n S*pora Sac. F* S'pore htm I tar Ml MMM MLM D UNIT laaa) LM 1M LM LM IUUNM* tnu Mai Invcat Fai Mai Prof Puw Mai Sacwlty t Mai Barjaya T ■Haas tar M B) id M U 1 LM LM *uad LM
    127 words
  • Article
    SHARE INFORMATION SERVICE
    2674 12 1M1 Hlfk Low Company Last Sale +orGr*s Dhr Dhr Or Gr's TTd Net P/E V«l <■000) Day High Lew SECTION ONE INDUSTRIAL ft COMMERCIAL 404 390 312 420 200 470 960 875 430 320 130 101 330 110 300 660 322 336 Acma Alcorn Allied Choc BAT
    2,674 words
  • Article
    In Kuala Lumpur
    1815 12 BID and offer prices officially listed and business in aad reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown la brackets In lots of 1,000 units, unless otherwine specified. wimmuis Akmm (XSB) (J) IS (1) 191 Atas IsM (XSB) A CBss
    1,815 words
  • Article
    COMPANY MEETINGS
    52 12 MALAYAN Ualtei lainMm Berfced: EOGM to be held at The Banquet Room, Holiday Inn, Jalan Penang, Kuala Lumpur on July 23 at 10 am. HOTEL Graid Ceatral: AGM to be held at The Conference Room, Hotel Grand Central Building, 22 Cavenagh Road, Singapore 0922 on July 27 at
    52 words
  • Article
    The gloom deepens at SES
    915 12 PRICES task Mite dive at the Stock Exehaage sf Warnßps yesterday ss the eMflntaf light llqaldtty ui bed seetlmeat deepeaed the ght At the ead ef the toy, the Straits Times Mntrhl ladex ni inn 21.41 pahh to mun. Aasthec three k«h yeeterriay raised their
    915 words
  • Article
    Kuala Lumpur remains weak
    347 12 SHARE prices remained weak (or the second successive day amidst deteriorating conditions at the Kuala Lumpur stock market yesterday. The 30-counter New Straits Times industrial ordinary share index fell another sharp 34.24 points to 1,087.41 and the Malaysian Business Times index dropped 2.235.51 points to 413,083.46.
    347 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      759 13 The Jack Chia Group's 33rd Anniversary VWve become one of the biggest Asian-owned groups because we manufacture and market some of the world's best products. From a small beginning in Thailand in 1948 with only 10 employees, the Jack Chia Group has become one of the biggest Asian-owned groups in
      759 words
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  • Article
    Goodrich shares to be sold to KL institutions
    264 14 THE 8.566 million Sime Darby shares to be issued to BF Goodrich as consideration for the latter's stake in its Philippine subsidiary will be sold to Malaysian institutions (or cash. In a press release giving further details of its agreement to acquire
    264 words
  • Chief Price Changes
    • Article
      SINGAPORE
      142 14 Rises' Indices r n M Flow 825 386 10 ♦6 July 30 July a T H 8 430 +2 BT Indicator: *****3 110K19 Uifil 286 1 Industrials: Finance: 877.28 855.87 1870.53 Falls Hotels: 1248.83 1223.55 Properties. 913.89 885.67 Metro Hid f* 1880 -120 Minings: 310.05 399.58 Paa Elect] rk
      142 words
    • Article, Illustration
      KUALA LUMPUR
      152 14 SHARK prices eeatfamed to top mktofly yw> tontoy m tatmat ntoa shswei m rip sf eaaiig aid seitlmeit remaiied peer. The Straits Times Mistrial Mex «■■fcM ti.4l petals ts BNLB7 while the Bmteess Times Mistrial Mez dripped MM prists ts IIKM. Falls Indices HLInd Sel Prop MUIod M
      152 words
  • Article
    SCRIP ISSUES
    414 14 Company Particulars Ex Date Books Close Alex HMgs O I HMgs O Lukcr ■jrtss J C Eat 4 C MPS M Breweries Proposed rights issue of 2 fori #$1.70 per share Proposed bonus issue o( 1 for 1 Riffats issue of 1 for 3 6 $2.00 per share
    414 words
  • Article
    Paramount deals worth M$90m
    611 14 ■Mill Companies Editor: Mano Sabnani PARAMOUNT Corporation Berhad has acquired seven pieces of land and- four property companies at a total cost of Ms9o million, which will place it in a sound position for wider expansion. Paramount, which is controlled by the See Hoy Chan group,
    611 words
  • Article
    LONDON STOCKS
    819 14 LONDON, Tues. Share prices closed broadly easier as interest rate concern continued to dominate sentiment, dealers said. At 3pm, the Financial Times index was down 5.4 points at 508.6. Equity leaders closed above earlier lows on short covering, dealers said, to show net losses of between 2p and
    819 words
  • Article
    JACK CHIA BUYS MORE HAW PAR EQUITY
    98 14 mi Tl adlHaaalrn kulaeiimaa Jack CM» tfpnn latent an tnwwaalag him atake la Haw Par Brittwi lateraatteaaL. Oa Maaday, he pritiwil m,m Haw Par Aam at ■tew betneea $4.7* aad MM, aai MfMf aad KM. This latest parehaae ciaw a lay alter Mr
    98 words
  • Article
    Intraco Ltd's warehouse project
    105 14 DUBACO Ltd has Mni hands with Neptaae Orieat Ums and Sea Hay Chan (8) far the ittnlipiel af a warehease najiM la Padr The JMnft feataii eeanaay, tartrate Wareheaatag <S), capital af latraee Is the largest Aanfeddv with a 62 par eeat stake while Neptaae Orient
    105 words
  • Article
    ICB'S HK SUBSIDIARY
    36 14 INDUSTRIAL ul Cmmmt«hl lufc (KB) hM liwl iSfciylfll'iM* "IT"* The etapuj, ICB LM, hi Ike feaak aai kM m Mtt» rise* eajtel Kim. h£K»J& wil'S»'■Jjp» Ttfc h ICTi MM Haags? jrarsL».,, <n), HiKShMMidK).
    36 words
  • Article
    Lock icon Bear with it
    709 14 HOCK LOCK SIEW THE STOCK market is experiencing its worst decline since the start of the bull run in late 1979. In less than a month, the Straits Times Index has plunged by 117.39 points, or 12 per cent, from its peak of 973.36 on June 36
    HOCK LOCK SIEW  -  709 words
  • Article
    Lock icon DOW JONES DECLINES
    84 14 AP NEW YORK. Tues. The stock market declined broadly again this morning as the selloff that set in yesterday continued. The Dow Jones average of 30 industrials, which began the day at a five-month low, dropped 2.47 paints to 938.07 in the first half hour. Lasers outnumbered
    AP  -  84 words
  • Page 14 Advertisements
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      55 14 Outlook for Singapore from 6am to lpm today: Showers in several places. Bepart for U at tfce alrwrt. prfor toTJlpnn j«iy a Maximum temperature 31.7 Associated humidity 64 Minimum temperature 26.1 Associated humidity 90 Hours of sunshine 9.06 Rainfall in millimetres 3.9 Total rainfall for the month 121.1 Total rainy
      55 words
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  • SHIPPING TIMES
    • Article
      Berglind sinks after collision with Charm
      171 15 THE Singapore-registered container ship, Berglind, sank on Monday off Glace Bay, Nova Scotia, coast guard said. The vessel was damaged in a collision with a Danish ship in dense fog on Sunday night. There was no one on board when it sank while being
      171 words
    • Article, Illustration
      Three more ships for CNAN's liner service
      505 15  -  By JAN LEE ALGERIA'S national line, Compagnie Nationale Algerienne de Navigation (CNAN), will be adding three more vessels in its liner service between the Far East and North African and Mediterranean ports. The three vessels destined to join CNAN's Far East service are
      505 words
    • PORTSIDES
      • Article
        Lock icon Regal Scout on fire
        118 15 AFP FIVE crewmen of the 13,283-ton Greek-registered freighter Regal Scout suffered serious burns when a fire broke out onboard the vessel while sailing in the Pacific, the Japanese maritime safety agency reported. The agency said the ship caught fire early yesterday while it was cruising at
        AFP  -  118 words
      • Article
        Lock icon More bodies recovered
        116 15 AFP PHILIPPINE navy frogmen recovered 14 bodies on Monday from the sunken Juan, bringing the death toll of the shipfire to 31, reports said yesterday. About 26 persons are still unaccounted for. The south-bound passenger vessel had listed 448 onboard before it burst into flames off the
        AFP  -  116 words
      • Article
        Lock icon Protecting 15 shipwrecks
        96 15 AFP TO PROTECT 15 shipwrecks off the west Australian coast from collectors and souvenir hunters, the Australian Minister for Home Affairs Mr lan Wilson has declared them "historic". Under the Historic Shipwrecks Act, this means that wrecks on the coast will be protected by the state and
        AFP  -  96 words
    • Article
      INDEX TO ADVERTISERS
      565 15 Shipping Um CM Actupelego vn 4 Adriatic Cool vra s Aft* VI i Afro-Eurasia VI 2 Alfred CT vm 1 All tram vn 4 Alpar VI 5 Angkutan VI 4 Angonave V 2 Antalng vra 2 ANL I I AntoU vm 1 APL m 4/5 Argentine IV
      565 words
    • Article
      SHIPS IN PORT
      302 16 ARRIVALS KEPPEL WHARVES Atlantic (after Fuso Mam) 33/34 Bowoon No 5 (Tanker) (after Wah Fai shifts, P/O, subject gas free) 14 Chaco (after Privolye) 35 36 Jenson (after Kim Soon Li) 22 Kota Jade (after Bowoon No 5) 13 14 Kota Pahlawan (after Wah Fai shifts) 13
      302 words
    • Article
      Container Schedules
      1091 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping i Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Anna Maersk 8107/08 20.7.81 2330 Maersk 51 TT Ever Handsome 77-14E 20.7.81 0700 Green Asia TA 4 TT Australia Star
      1,091 words
    • Article
      LONDON FREIGHTS
      1442 16 FAIRLY active Soviet time-charter business on Monday featured the freight market, with two vessels being booked with lead delivery for trans-Atiantic round voyages, a 42,000 tonner at US$B,7OO daily and 29,000 tonner at 17,500 daily. In addition a 53,000 tonner with delivery West Germany for a trans-Atlantic round
      1,442 words
    • Article
      Lock icon WEEKLY FREIGHTS
      841 17 AFP US GRAIN rates to Europe dipped to their lowest for over two years on the freight market last week, as the summer lull in trading continued. The only bright spot on the horizon was the Indian government's enquiry to lift 1.5 million tons of US grain, although
      AFP  -  841 words
    • Article
      Lock icon Temperature-controlled warehouse
      193 17 Fairplay TEMPERATURE-CONTROLLED warehouse facilities are now available at Mina Jebel All. Designed for a constant temperature of 75 degrees F (23.9 degrees C) and a relative humidity of 50-60 per cent, the warhouse is equipped with fourteen 25-ton units. The A/C tonnage installed is greater than the theoretical
      Fairplay  -  193 words
    • Article
      Lock icon South Africa sees an end to containers boom
      824 17 DECLINE IN IMPORTS AT END YEAR Lloyd's List PARTICIPATING con tainer lines which have enjoyed a bonanza of imports by South Africa over the past 18 months may suffer a disappointment by the end of this year. The failing price of gold,
      Lloyd's List  -  824 words
    • Article
      SHIPPING LIST
      746 22 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/PK Ship calls at Penang and Port
      746 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      435 15 Everett Lines FOt THE MOST fttQUtNT SAILINGS TO BANGKOK HONC. KONG JAPAN BUSAN CHITT AGONG CALCUTTA CHALNA •RANGOON BUENOS AIRES MANZANILLO ACAPULCO Everett Steamship Corpn. S/A Clifford Centre Singapore 1 Tel ***** '9 36 Beach Street Penang Rm 36 103 OCBC B*dg Tel ***** 3 Port Kriang Agents SOCSHIP CO
      435 words
    • Advertisement
      Page 15 Advertisements Column 2
      269 15 ISEALORDSS UASC UNITED ARAB SHIPPING CO'SAG* EXPRESS MULTI PURPOSE SERVICES Loadme for fTniCT:!: 29/7 17/8 Mina Qaboos (29/8) FULLY CONTAINERISED SERVICE Iraq cargo acceptable intranrit essel S'dotc Loading tor tt'ZAN V.IS 29/7 Dubai (6/8). Kuwait (8/8). Dammam (12/8). Abu Dhabi (14/8), Dbha (16/8). Bahrain (18/8) OMHYAH V.IS 7/1 Dubai (16/8).
      269 words
    • Advertisement
      Page 15 Advertisements Column 3
      11 15 CONTAINER Schedules SHIPS In Pert LONDON Freights WEEKLY Freights REGIONAL Weather
      11 words
    • Advertisement
      Page 15 Advertisements Column 4
      534 15 SINGAPORE FOR PEOPLE WHO MATTER MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC. EAST CANADA. ASIAN PORTB Ptnuii I CM 'SINGAPORE aOSWG TMES CY ?6th July 2100 HRS CfS 26ttt My 1100 HRS cac II' 1 KO TO: BELGIUM, HOLLAND, GERMANY, SCANDINAVIA, SWITZERLAND, AUSTRIA, FRANCE Feeder Vessel
      534 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      801 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Coitjjntr Service Afeo Acctpfof For 1) Barcelona. Genoa. 2) Amsterdam Antwerp, L Havre. Bilbao. Basle. (JR. 3) Bremen Bremerhaven. Aarhus Copenhagen, HetwAi
      801 words
    • Advertisement
      Page 16 Advertisements Column 2
      267 16 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA W 23/7 bM 27/7 29/7 a/7 a/7 M 31/7 1/1 3/9 VI 24/7 9/9 19/9 7/1 lt/l lt/9 17/1 29/1 11/t 24/9 12/7 25/7 31/7 3/1 9/9 13/1 19/9 22/1 21/9 NETI MMMLI "BARBER MENELAUS" t> fwi 647 "BARBER TOBA" ft«
      267 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      673 17 OCL Overseas Containers Limited CONTAINfRSHIP SERVICE TO UK CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Ctofaa Br on 14/1 11/ l 19/1 21/1 lt/l 19/1 a/i »n 77/ i a/i •1/9 13/9 05/9 M/ 9 11/9 12/9 17 n 19/9 2C/9 »/9 A'aarp It Hjwt UK
      673 words
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      Page 17 Advertisements Column 2
      449 17 NOTICES \mj. mm An* MMtHB Pl*ee at tommy: PXA. (MM.M/ 41 Gnml Survey oa damafed cargo dudarpd ex the uavt vtmmei will beMd oa Z2nd July IJW (too 8.36 a m No further aurvey will be held after thit date $&~>=$=}>%}<"{)_@`>=@*(^^)."];= SEA TRAM JAPAN CO LTD., ConrigiaNi of ail damaged
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      656 18 Hapag-Lloyd si. MM^pm ca*» tor CARBKAN/VftST MHS Haabwg S port PR Pen Mbao Gcnoj H'buff B'kawn Mam Antwerp MraMwi 21/1 24/8 14/9 12/9 27/9 25/9 22/9 20/9 TO USA/mWOj M..+U HK loflf Oakland S»ttt»/ p Spor* (Mdi Tacsma ftMM* Eiprau SaM 22/7 Mm* Eiprtss 31/7 18/8 20/8 23/8 l*p l*r
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      Page 18 Advertisements Column 2
      425 18 KOREA CORPN t. Ketone PENANG STORE ALTAI 165E 4- 8 Aug 9-11 Aug 12-15 Aug FROM BUSAN BANGKOK ALTA* 166E 4-S Aug 9-11 Auf 12-15 Au| TO BUSAN VE6AIS2W 24-27 Auc 2S-30 Au| 31 Aug 3 Sept FROM BUSA BANGKOK VEGA 163 C 24-27 Auf 21-30 Auf 31Aug-3Sept TO BUSAN
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      Page 18 Advertisements Column 3
      511 18 (7) EVERGREEN LINE I FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTWG CARGO FOR: iy ITE D KINGDOM GLASGOW, LEEDS. ETC WEST GERMANY BREMERHAVEN. OSLO, STOCKHOLM, GOTHENBURG. AARHUS, COPENHAGEN HOLLAND SMSTCKBAM Natal U»| l« Hvwv i«aKp> */7 15/1 17/1 19/1 n/i a/i l«a 2/1 11/1 22/1 2«/ l
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      Page 18 Advertisements Column 4
      767 18 Everett Lines! Mi Burim Five Star ShippM« Corpn. Bk "BURMESE NATIONAL LINE" LOAOMG FOR RANGOON hn m sr»» BF.SSC. Aaunt% tn AAotoyvo BOOSTtAD SHPPNG m NOS KL *****2/*****9 NOS KL *****2/*****9 ttna o* Ihimw IMwmmn S. A.C.I. F. "ARGENTINE NATIONAL LINE" LOAOMG Ft* DURBAN MONTEVDEO BUENOS AKS rpm WCTOMA I
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      Page 18 Advertisements Column 5
      362 18 r moTs.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE GDRM KOTO ocum 9*fMC ft OHERPRim PTT lit smtmrn m 22*1144/7 t 22*137* I lUMPW IQ 414(44. *****1 K»TSRHUr» P. KEUNC EAST ASM 9TPMG TU 3M712/3/7251 POMK MALATSM TIMS ft IRAMPORT TO. (7M3 ft (3725 SUN UNION LINE KARACHI
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      717 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) 1 A 31-1/9 6-7/10 10-11/11 Accepting LCL Cargo to Colombo Aqaba. *FCL Closing 24/7 2300 Hrs. S E A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' VESSEL VOY. MANILA I H'KONG •NEP TOPAZ 465/47N NEP ZIRCON 465/47N
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      Page 19 Advertisements Column 2
      702 19 FJT* BEN LINE CONTAINERS EXPRESS com MO SERVICE TO/FROM EUROPE H BURG B HAVI Hi ROAM HAVRE SOTON Spore P Keian|WGermany' Austria France Al UK Tonavt TaAft Bay K«M|i Hn Rtwan Eiprttt Frarttet Cipro l«P hi jgw/bw Pnf Hon BhXOT Rtw> Bern* a/7 I*l* >»T »/l 21/1 22/1 Cborryßwn 1/1
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      Page 19 Advertisements Column 3
      708 19 I I 1 I Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE PtMCA SU DM* Ml I PtMCA 31/7 omw 7/1 I PUMA 14/1 DAHLM 21/| KMC* a/| •mu 4 n KMC* 11/9 4?)f<M 3)H 6»f|4lC bw| I) larcaMa mu la»era 2) i l»arpM ll*. CwrrkMi I) Oratm li—tiiw Aartm la* SM
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      Page 19 Advertisements Column 4
      582 19 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REIfOW 1 S. AFRICA A. VESSEL Spore: Aug Also accepting FCL contoiners. (loading direct for Reunion, Durbon and Capetown only) Lukosyfe Lines U.S. WEST COAST SERVICE tor OHet Irom SfO Ibdi |SPO«f BIWN S tk/Tac VBC iESUE LYKES SM Sid 22/7 24/7 18/8 22/1
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      745 20 > K LINE EXPRESS CONTAINER SERVICES TO NORTH AMERICA naa kssels* pk sp wna kesseis n/7 nn J*»at* 3/1 6/8 PacMc lm 13/8 15/1 America Mm Py o*-. »-c— MM. tat. Umtan. New Ortaam. TO EUROPE c*|«i te Scaim «u Hantai) FROM EUROPE TO FAR EAST I HarwiPMUngSjxHe HKonj Osaka
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      Page 20 Advertisements Column 2
      594 20 fm CAIIfOSRIA/PACtfIC NORTH WEST SERVICE EXPRESS CONTARIER/REEEER SERVICE Im*« tar lOS MARIS. SAN nUNCSCO SEATTU. TACOM. «WCOMEI C accmmi e a/ra ci*»i PAUAT UN UN 11 Mpt AUSTRALIA EXPRESS CONTAINER SERVICE AU»MI ra/fa CWAMI PMUnf S port IMb AM S* AM KXMI IS" 23 My NH| 5 taf 11 ta|
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      Page 20 Advertisements Column 3
      450 20 \r (il'Olll) SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCI AN BUII DING SINGAPORE 0104 MARKETING *****2 (3 LINE SI C.ENERAL 91 3111 <14 lINE S TERMINAL OE f ICE *****83 TELEX RS 2459S RS ***** A B CARSHIP CABLE CARGOSMIP Itcgioiial Container I iiiies WEEKLY CONTAINER SERVICE to/from BANGKOK
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      518 20 KORINS MARITIME SERVICES S Room 601 ICB Building Shenton Way Singapore Tel *****2? *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES STORE P. KELANG LOADMG FOR: EDELWEISS 26 Jul Balra.i/Kuwait/ Damman/Ummsaid A VESSEL 10 Aug Iran Ports BUN6A VANDA... 30 Au Jtddah/P.Sudan JT] Hyundae Shipping Co. lid. Y'hama Kobe
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      Page 20 Advertisements Column 5
      540 20 f 1 INTRASiA (PTE) LTD Faber House 234E Orchard Roafl Singapore 9 Telephone *****11 *****57 BREAKBULK SERVICE TO EUROPE/UK MOST AS Mt2 AMAMGEI UBERTY S>n 27 M 22 M MM 4Am ■auwi/nm/w (*•00/00 FULL CONTAINER WEST BOUND SERVICE A. FDELfTY NBIU 31M MdA/Lmmo/irsAt/ Hawhrt/IWtwiam/nhry FULL CONTAINER EAST BOUND SERVICE FULL
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      602 21 &NOL l NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): A mfmDer o* the ACE Consortium C. PWJI 27W+... K. CHANCE 4W S.S. BRDGE 32*1.. K. JACEWON 14N. TW BUDGE 7W MERCATOR 24W H. JADE 3W Also accepting cargo to/from Scandinavia +C. Paul S'pore Closing
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      Page 21 Advertisements Column 2
      506 21 HI SNGAPORE 0207 KUANTAN *****519 PAS* GUDANG *****M5 a PERKAPALAN LAUTAN BIRU SON. BHD. P O Bon 220 koti krutMlu Sabah HCDLAI UNR SHVKTE Sabah Sarawak Bangkok Singapore Port Keung Penang P Klang S pore Loading for LAUTAN TIGA V.5/11 19 My 24 Uy Sandakan, Tawau LAUTAN RAN Yl/ll 30
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      962 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SftSOV BUR.DMG 55, Market Street Sngapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KCLAMC PEMANG M/S SHMKAT NAM SOON SON BHD IST AND ?N0 FLOOR MESSRS HM THONG SHTFMG 23 WeM
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      75 21 TX CAIMIVJII 1 IKI wr~\i i iv a i k.i i i M BULK TIMBER PLYWOOD SERVICES i*wy AUTHORITY SHIPPING ANO TRADING PTE LTD >»!'• NAGATUAH AGENSI SDN BHD SIM SWEE JOO SHIPPING SDN. BHD EXPRESS TO BINTULU P. Kttaf SNQ LONG SAW (Ml IMQ) wy 9 27.7J1 sm LONG
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      542 22 A ANTOLL LINES Independent FCI Containers Heavy Lifts liner Service Dntl B U to IKIUX MIS iG'IONGI SrOiei BHSBAW USIMNU Stafapore hi Pt/S 23 ftrt Kctanc My 24 Penang July 26 Adelaide Auc6 IMb (61m|) Ahc 11 Ah| 16 Aug 1$ til Ufa Sa abnd SoOrott 14S/17N ISS/1W 16S/19N to
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      Page 22 Advertisements Column 2
      216 22 Kline kinkai JAP AN/STRAITS/JAPAN Fullv Containerised Service Vcssd Tokyo Kobe S'po« Pw»| P. fatal* S pore Tok NODSTMVi 29/7 31/7 10/1 12/1 13/1 15/1 2t/t 31/1 MOMMY V 9 7/1 10/8 21/1 23/1 24/1 2C/t 1/1 10/9 MMSTMV7 29/8 31/t 11/9 12/9 13/9 IS/9 21/9 31/9 (MIL MMMT LOOK FOB
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      Page 22 Advertisements Column 3
      271 22 JOHORE SHIPPING l/Y 161 Hi AN HNG f si ni uKU P»0»P POP! ft! 6Ni. SfiANf.Ofi maiayma HAJ SHIPPING SDN. BERHAD t Express Untload Servce from P Kdan( 1 East Malaysia I Brunei HAYATI V: 10/11 HAYATI V: U/tl HAYATI V: 12/11 HAMDAH V: 13/11 HAADAH V: 14/11 HAMDAH V
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      Page 22 Advertisements Column 4
      251 22 9A CRCULAR ROM) STORE 0104 TEL: 910(24, *****6, *****8. liMir v IWUr. -Vrryy Lixi, TT INDIAN OCEAN ROUTES cmttagonb, matrih. irwwmn. Colombo KARAQfI INDONESIA ROUTES STOK JAKARTA, SURABAYA mi OTHER KOESM 25/1 PORTS. MEEKLY CORSOLKMTKM TO HOW KONG mi FCL MANIA ONLY. COWCTTTNE RATES TO HDTTDKAICAR PORTS. TITI SHIPPING TRADING
      251 words
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      Page 22 Advertisements Column 5
      351 22 fle j'i 11 fI?:.£S3S3 t= i«t m«m a uwt zbmm t*c b mn AUSTRALIA ■fTERFREIOHT UNE P. RELANG SVOCY MELBOURNE 15/1 11/7 J 17/B 14/1 •Abe Acoptmi C*|oe To Inrtn. MM ft Frama* SMGAPORE P. RELANG LQMMG FOR 25/7. 28/7 AncUmd. lyttWoft. Will Napw UK/CONTMENT SERVICE SMGAPORE P. RELANG LQMMG
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  • Page 22 Miscellaneous
    • Miscellaneous
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      163 22 Regional Weather ¥a w m 5^ > ft a A IS ii a it i sS e c cf wl SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain Wave height Cloudy Sky Snitaee winds
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