The Business Times, 23 July 1981
1981-07-23
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The Business Times
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Title Section10 1981-07-23 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, JULY 23,1981 60 CENTS10 words
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BRIEFLY...
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Article91 1981-07-23 1 AP KUALA LUMPUR, Wed. The Prime Minister's political secretary, Siddiq Mohamed Ghouse, who was arrested last week on charges of spying for the Soviet Union, probably will not be tried for espionage but will be jailed indefinitely under the Internal Security Act. The Inspector GeneralAP - 91 words
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Article79 1981-07-23 1 AFP PARIS, Wed. France's big industrial groups, due for nationalisation, are hiving off key branches of their business to keep them out of the state's hands, Communist Party Politburo member Philippe Her2og said today in the party organ, L'Humanite. They are doing this through the creation of subsidiariesAFP - 79 words
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Article87 1981-07-23 1 AFP JAKARTA, Wed. Some 1300 Indonesian workers employed by sub-contractors to Caltex Oil Company in Central Sumatra were today reported to have gone on strike on Monday and Tuesday to press demands for a Hari Raya (Muslim holiday) bonus. The workers, who are part of about 15,000 employedAFP - 87 words
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Article72 1981-07-23 1 AP KUWAIT, Wed. Kuwait's crude oil exports have dropped to their lowest level in a decade. Over the past three months the country's oil exports dropped to a daily average of 900,000 baiTels. But the the price of Kuwaiti crude has not been affected by the glutAP - 72 words
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Article79 1981-07-23 1 AP BEIRUT, Wed. Israeli warplanes blasted a road bridge north of Lebanon's southernmost port city of Tyre today a few hours after US presidential envoy Philip Habib flew to Lebanon from Israel to negotiate a cease-fire. Lebanese provincial authorities said the raiding jets struck at a newlyAP - 79 words
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Article100 1981-07-23 1 AFP COLOMBO, Wed. The Sri Lanka government decided to request China to buy immediately 10,000 tonnes of rubber in a bid to boost the ailing rubber market here. This quantity will be in addition to the 20,000 tonnes of rubber which China has agreed to buy this yearAFP - 100 words
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650 1981-07-23 1 KEVIN WONG - MNCs EXCLUDED FROM SCHEME By KEVIN WONG MULTI-NATIONAL corporations will not be included in the new development consultancy scheme being formulated by the Skills Development Fund. Also excluded are joint ventures with less than 50 per cent shareholding by Singapore citizens or permanent residents. This650 words
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266 1981-07-23 1 AFP MALAYSIAN Prime Minister Dr Mahathir Mohamad yesterday announced the revival of the National Action Council to monitor the performance of the Government machinery. He also announced the reactivation of the National Economic Council to "study ways and means of reacting to the situation" caused byAFP - 266 words
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Article, Illustration509 1981-07-23 1 FONG MEW LENG - By FONG MEW LENG A NEW leasing concept that may give Singapore its first batch of "service apartments" right in the heart of Orchard Road is being planned for a new massive residential-cum-shopping development. Jones Lang Wootton, a leading property consultant, is studying the idea509 words
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Article392 1981-07-23 1 THE Monetary Authority of Singapore has asked banks for information to assist in its feasibility study on the setting up of a US dollar cheque clearing system here. In a circular dated July 15, the authority requested for statistics concerning the number and total balance of US392 words
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294 1981-07-23 1 BULLS made a MmekMk yesterday mwalig it the Stock Exchaage sf Singapore bat cnald aat master enengh strength la the afterasM to make the rally mare convincing. The Straits Times Mistrial Index chalked ap 5.23 pslato to M 1.19 while the Baslness Times294 words
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507 1981-07-23 1 WONG AI KWEI - By WONG AI KWEI YESTERDAY'S meeting called by EMI to "clear the air" with its Singapore retailers set an unusual record none of the retailers turned up. The snub left the record company even more surprised and puzzled over retailers' advertisement in The Sunday507 words
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Page 1 Advertisements
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Advertisement189 1981-07-23 1 Times Bookshops mmnl SPP unveils "exciting plans". It is moving house and diversifying into new areas Page 12 HOCK Lock Siew takes a look at the tie-up between Pan-Electric Appliances and Acma Page 12 THE Toyota group has left open the question of whether Inchcape Bhd will retain its car189 words
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Advertisement82 1981-07-23 1 >-*V m 4 M M 3 of ST*** ...i^ Risforante Mario at the Yirk Hotel thinks highly of aEHnersChib member The sheer Italian eulfnarv expertise of Chef Sergio Bizzozero. Savour it in appetisers like Prosciutto E Melone. Entrees like Ossobueo Alia Cremolata and Sealoppine A1 Marsala. And desserts like Zahaglione82 words
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Advertisement188 1981-07-23 1 the one and only Dr. Sony any day of the year *****1 Hie executive and the IBM Displaywriter word processing system. Jkm The IBM Displaywriter is a typing and text handling family d equipment with a host d functions. It's designed to be cost efficient for today's needs. Yet the188 words
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OVERSEAS
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621 1981-07-23 2 PRESSURE ON INTEREST RATES NYT THE FEDERAL Reserve, in a move that could keep upward pressure on interest rates, announced on Tuesday a further tightening in America's monetary policy this year and even more restraint for 1982. The Fed will not aim at the lowerNYT - 621 words
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Article137 1981-07-23 2 AFP THE HUNT Brothers have agreed to pay the US federal authorities a sum of US$5OO,OOO in respect of their speculative activities on the soybean futures market, although there is no proof of fraud. Nelson Bunker Hunt and Herbert Hunt have also been banned fromAFP - 137 words
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Article400 1981-07-23 2 NYT THE UNITED States has asked France to delay the acquisition by a French government-controlled o i 1 company of Texas Gulf Incorporated, the world's largest producer of sulphur and a leading producer of other minerals and petroleum. An administration official said the unusualNYT - 400 words
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Article182 1981-07-23 2 AP THE NEW president of the US Expert-Import Bank told American businessmen that the hank is ready U battle credit terms sf foreign competitors until an international agreement Is reached to ead official expert subsidies. Mr William Draper told a US Chamber of Commerce meetingAP - 182 words
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161 1981-07-23 2 Reuter MOBIL said yesterday II etuUen Cmmil threat U take legal acttoa to Nark Its bid aa "frtvaleas, wasteful and caatrary to the beat Interest «I Caaaea shareholders." Cease» cited the potential far aatitrast problems as the reaaaa far Ita attempt to Mack MabU's Md.Reuter - 161 words
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Article526 1981-07-23 2 NYT WEST German Minister of Economics Otto von Lambsdorff expressed sharp disagreement with the contention of top US officials that the West European governments had offered no alternatives to the monetary, fiscal and foreign exchange rate policies pursued by the Reagan Administration. In an interview byNYT - 526 words
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434 1981-07-23 2 AFP ONE OF Hongkong's high trade officials yesterday hailed the unity shown by developing exporting countries at the textile discussions which were adjourned in Geneva on Monday. The solidarity of this group, compared to their 1977 split, had surprised the delegates of theAFP - 434 words
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Article452 1981-07-23 2 Agencies THE Security Council on Tuesday night approved a resolution calling for an immediate ceasefire in Lebanon but carefully avoiding any rebuke of Israel or threat of sanctions. The brief resolution, largely the work of the council's Western members, was adopted unanimously after hours of backstageAgencies - 452 words
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203 1981-07-23 2 Reuter MALAYSIA'S rubber industry should reach the government target of using 300,000 tonnes of natural rubber a year by the end of the decade. The Controller of the Malaysian Rubber Research and Development Board (MRRDB), Mr BCSekhar, said in Kuala Lumpur that given the industry'sReuter - 203 words
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251 1981-07-23 2 AP SOUTH Korea has decided to ea«» drastically its tight control on overseas investment to allow Koreans to invest in virtually any business and in any country. Finance Ministry officials said yesterday that the new deal, effective fom August 1, is designed to expandAP - 251 words
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154 1981-07-23 2 Reuter HIRE purchase has come to China for the first time since the communists took over with 13 stares in Shang- I hai authorised to accept payment by instalment for imported television sets. A Shanghai newspaper, said three brands of Japa- nese 12-inchReuter - 154 words
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WORLD IN BRIEF
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Article404 1981-07-23 2 Agencies THE SOVIET Union is playing an increasingly ominous role in South-east Asia and could threaten China's southern flank, a US Defence Department official said on Tuesday. Mr Richard Armitage, Deputy Assistant Secretary of Defence for East Asian and Pacific Affairs, told a Senate hearing that Vietnam hadAgencies - 404 words
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238 1981-07-23 3 Reuter THE THREAT of a strike by some 40,000 Polish dockers today has been averted. Solidarity union sources in the West Baltic port of Ssczecin revealed this yesterday. i Agreement between union and government negotiators was reached early yesterday but the details wereReuter - 238 words
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277 1981-07-23 3 Reuter JAPAN'S guerilla Red Army is planning an operation to free one of its members Jailed in Israel for his part in the massacre of 27 people, Asa hi Shim bun reported yesterday. The mass-circulation daily said the leader, Miss Fusako Shigenobu, 35, spokeReuter - 277 words
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Article354 1981-07-23 3 Reuter A KEY congressional tax committee completed work early yesterday on a major Democratic Party tax cut bill as an alternative to President Reagan's tax plan. It is due to approve it formally today. The House of Representatives Ways and Means Committee produced a bill whichReuter - 354 words
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Article262 1981-07-23 3 AFP INDONESIAN Foreign Minister Mochtar Kusumaatmadja will have a surprise meeting with French External Relation* Minister Claude Cheysson in Paris today centred on the Kampuchean crisis and Franco-Indonesian cooperation. He will be returning from last week's international conference In New York on Kampuchea, while Mr Cheysson will beAFP - 262 words
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Article226 1981-07-23 3 UPI PERONIST labour unions In Argentina called for a nation-wide strike yesterday in a major protest against the economic policies of the country's military government. One of six commuter rail lines In Buenos Aires was closed down by strikers early yesterday and Federal police took positionsUPI - 226 words
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Article723 1981-07-23 3 ARRIVALS Service Local Operator Number Time Froa SLA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA Bid 0830 BWN MAS MH671 1000 PEN/KUL S1A SQ201 1000 HLP CPA CX710 1006 HLP GIA GA850 1030 HLP SIA SQ103 IOC KUL GIA GA908 1045 MES723 words
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173 1981-07-23 3 Reuter JAPANESE complaints that the United States has levied a 25 per cent duty on Japan's light truck exports will be discussed at two days of talks between officials of both countries in Geneva today. Japanese officials say the US imposed the levy lastReuter - 173 words
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217 1981-07-23 3 AFP THE HONGKONG geve repeat Ims feaad that afesat half af the i««|isfy sll stored Is Me sf the twe has the wreag ihwdty, makiag tt isetoss tor Its •rifdaa! fipm sf generating electricity. lie S—t* aMm Muwtmg po»t reported yesterdayAFP - 217 words
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Article72 1981-07-23 3 AFP INDONESIAN SSnfenlMS have ss tar IMs year dM> ad ever DKIH mliasa war* sf prsjeeto ta flaai Anita atone, tort tape ta get 91 Mtasn war* sf esntraeto ta Wssl Asta by «he end sI Iks year. my«*«e, Miftwr toy tatag eyed if Jakarta as aAFP - 72 words
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375 1981-07-23 3 Agencies SOVIET Defence Minister Dmitry Ustinov told the Polish government yesterday that Soviet troops were confident Polish workers and the armed forces would give "the necessary rebuff" to counter-revolutionary forces. Marshal Ustinov, in a message to Polish Prime Minister Wojciech Jaruzelski to mark Poland'sAgencies - 375 words
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Article284 1981-07-23 3 Reuter SEVERAL hundred Soviet and Afghan government troops as well as civilians are believed to have been killed or wounded last week near Kabul in the heaviest fighting against rebels in the area for 19 months. Western diplomatic sources in New Delhi said yesterdky the fighting inReuter - 284 words
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652 1981-07-23 3 UPI P RESIDENT Ronald Reagan withstood severe European complaints over his high interest rate policy to exact a conciliatory final communique from the 9even-nation summit on Tuesday that left his tightmoney stand largely intact. However, Chancellor Helmut Schmidt, the chief critic of Reagan'sUPI - 652 words
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453 1981-07-23 3 AP THE UNITED States used the three-day Western summit in Ottawa to complain again about Canadian investment pottcies but did not press the point. The issue was raised by US Treasury Secretary Donald Regan at a meeting on Monday of finance ministers from the seven participatingAP - 453 words
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181 1981-07-23 3 Reuter CROP losses caused by last week's floods in south-west farina, in which up to HO people are feared to have perished, could be serious in areas where the early rice harvest is not complete. Foreign agriculture experts said yesterday that some ksses areReuter - 181 words
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Page 2 Advertisements
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Advertisement39 1981-07-23 2 T I" 1 r .1 Tfie Hunt M& y* i Y rM. All tlic timeless rituafc of tlic tabic, updated uiqlitli). V\JA. Inter national Asu/Raohf Hie someplace special to take someone special. "i .-jypr*- m n 1 > f y39 words
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Page 3 Advertisements
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Advertisement102 1981-07-23 3 You can automate You do Minted expensive computer profeeeionais to automate the AR System. Your AR reports are produced within 2 working days from date or last receipt of your source documents. e Our accurate reporting techniques assist your business to arow bv orovidina useful information from the AR System.102 words
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RAW MATERIALS
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403 1981-07-23 4 MALAYSIAN rubber product manufacturers were urged to "stop thinking small" and search aggressively for new markets abroad. Deputy Trade and Industry Minister Datuk Lew Sip Hon said yesterday that more local companies should go into manufacture of products that are either under-developed or have not403 words
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Article265 1981-07-23 4 THE RUBBER market in Singapore yesterday closed easier with August 1 RSS buyers quoted at 208.00 cents per kilo, down seven cents from Tuesday's close, dealers said. Values eased 1.50 cents in afternoon trading on freer offerings but the market recovered some six cents after the official coose on265 words
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Article125 1981-07-23 4 NOON SSR and SMR p •ncea ve*tenj*y HAS August September (Curreat Mtbi Buyer* Seller* (forward Mtk) Buyer* Seller* SSR 20 (1-ton pallet) 194 00 196 00N M 198 OON SSR SO (1-ton pallet J 191.SO 193 SON 193 50 196 SON MRELB SMR CV (1 -tun pallet)125 words
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Article387 1981-07-23 4 R AS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R S S prompt f «.b 301 SO 302 SON Int 1 R S S August 211 50 212.00 Int I R.S.S Septctnber 219 00 219.50 Int. 2R.S.S 197 00 198 00N UK387 words
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Article93 1981-07-23 4 THE STRAITS tin price in Penang yesterday me another 28 cents to M 331.88 having moved on an upward trend within the ita middle range of fM.ll to $31.74 since last week, dealers said. Hie stronger market was supported by a higher London closing on Tuesday night coupled93 words
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Article34 1981-07-23 4 Rubber; July 22 Singapore: Aug; 208.00 cents (down 7.00 cents) Malaysia: Aug: 228.50 cents (down 7.00 cents) Tin: M 531.88 per kilo (up 28 cents) Official offering: 254 tonnes (up 19 tonnes)34 words
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Article163 1981-07-23 4 WHEAT futures in Chicago on Tuesday closed at or near the top of a 7Vt cent range, up 4V« to seven cents a bushel in mostly local trade. Traders called the late extension of the earlier advance a local short-covering rally. They added that the markets inability to break163 words
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Article521 1981-07-23 4 COFVEE: Robusta coffee futures yesterday finished the morning with pared gains ranging from £75 in near months to losses of £20 a tonne in forward positions. The substantial gains in nearby months continued to reflect confusion over the effects of cold Brazilian weather on the coffee crop there,521 words
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Article217 1981-07-23 4 SOYBEAN futures in Chicago on Tuesday rallied to close lVj cents a bushel higher in old crop, to up as much as seven cents in new crop. Traders attributed the late rally to local shortcovering in response to dried-up selling interest. They added that technical demand, in a consolidation217 words
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Article134 1981-07-23 4 THE Kuala Lumpur market yesterday recovered slightly on light covering in fairly quiet trading, dealers said. In July, the north region rose MSIS to $970 per tonne while south remained unchanged at 5965. In August, south gained $5 to $955 but central slipped $2.50 to $942.50, and south134 words
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Article174 1981-07-23 4 CHINESE Pradaee Exchange, Siagaparc, closing prices per IN kg yesterday. Cmml ail: Bulk fob $122.50 sellers, old drum (In second hand drum) fob 1136.50 sellers, new drum fob 1141.50 sellers. Capra: Mixed (loose) 172.75 buyers. Pepper: Muntok white pepper fob Asta NLW $370.00 sellers, Sarawak white pepper faq174 words
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Article194 1981-07-23 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) CaMsa yam: China Blue Phoenix 20s 2,370 32s 2.880. 40s 3,015 (per bale of 400 lbs). Pleee gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly194 words
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Article325 1981-07-23 4 SINGAPORE: Yesterday's 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 class 1.10, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-«uper 0.80, Special325 words
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Page 4 Advertisements
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Advertisement195 1981-07-23 4 -V/ m > *r i •<> v *6* v>***A <v<; *v v -i jc ,A; p w §l%l§, f jhs V" v r -••V. r>. V /y Wl^& v' :> "'V V,".... MM MmSmiM jmmM V wrnm ?,V <* Best thing next to our copierthe Xerox 5-bin Sorter The Xerox195 words
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TRADE AND INDUSTRY
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318 1981-07-23 5 THE LOCAL industry can benefit from joint projects with Ngee Ann Technical College students who recently proved that they are capable of designing and building complex engineering equipment. Motor and Leasing is the first local company to collaborate successfully with Ngee Ann's mechanical engineering department in318 words
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445 1981-07-23 5 SINGAPORE'S household profile has changed drastically over the past 10 years as a result of rapid economic development and growing affluence. There are now more onefamily nucleus households. Households are also becoming smaller, with more of them owning the houses they live in. Last year's445 words
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Article193 1981-07-23 5 THE Singapore Tourist Promotion Board (STPB) is opening an office in Hongkong. It will be STPB's eighth overseas office. The existing seven offices are in San Francisco, New York, London, Frankfurt, Paris, Sydney and Tokyo. The Hongkong tourist office will operate out of the Singapore Commission tfrere.193 words
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Article, Illustration343 1981-07-23 5 THE tremendous response to the 2nd International Leather Fair has prompted the organisers, ITEM, to announce that it will organise a separate leather goods exhibition next year. The leather fair covers the entire leather industry, from tanned leather to finished products and tanning machinery. Twenty-two countries from all343 words
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243 1981-07-23 5 COMPETITION in the advertising industry here will become keener with the addition of another new local agency this month. The agency. Adman Enterprises, is the brainchild of Mr Eddie Chan, who has more than 20 years' experience in the industry. Adman will be staffed largely243 words
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317 1981-07-23 5 LILLIAN CHEW - By LILLIAN CHEW A SOFTWARE development centre specialising in communication software will be set up in Singapore soon. EB Communications, an offshoot of the Norwegian company Elektrisk Bureau, will set up the applied computer software centre by the end of September. It hopes to get317 words
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Article102 1981-07-23 5 TELECOMS has extended its Telefax service to Sri Lanka. Telefax is a high-speed facsimile service for transmitting documents, drawings and other written matter. The international facsimile service has also been extended to Hawaii and Italy. It allows subscribers to transmit and receive documents by International102 words
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Page 5 Advertisements
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Advertisement251 1981-07-23 5 FORD GRANADA 2.8 GHIA This is one issue you won't want to take a back-seat in. Because driving a Ford Granada Ghia is as stimulating as being driven in one. The Granada Ghia is Germany's contribution to the prestige Ford fleet. Europe's most successful luxury executive car. A car with251 words
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Article351 1981-07-23 6 THE Skills Development Fund must be commended for its breath of vision. It has rightly chosen to interpret skills development in the widest possible sense, realising that skills upgrading need not necessarily be confined only to woreers and labour-related skills. Management skills, a less tangible but351 words
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Article294 1981-07-23 6 STUDENTS in the process of acquiring technical «drill» in college need not necessarily be doing so within a vacuum or controlled environment. Certainly the capability of these students to undertake serious technical projects in industry should not be underestimated. The recent project at Ngee Ann Technical294 words
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Article, Illustration2082 1981-07-23 6 DAVID LASCELLES - Citicorp is accused of being a bank obsessed with objectives not realities. This obsession started some 11 years ago when its then new chairman, Walter Wriston, vowed to increase earnings by 15 per cent. He did it but at a price. DAVID LASCELLES examinesFT - 2,082 words
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Article350 1981-07-23 6 HOW's this for courtesy and thoughtfulness on the part of a government body? A friend's ragged letter from California arrived in a plastic bag on which was printed this explanation: "Dear postal customer; The enclosed was found loose in the mails or has been damaged in350 words
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Page 6 Miscellaneous
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Miscellaneous659 1981-07-23 6 -11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 1 A Joint to keep watch 011? (5) 6 Injured getting a medal, possibly (5) 9 Vessel using no power? (7) 10 Continue working in the London area (5) 11 They burn in a placid sort oT way (5) 12 Not hard currency? (5) 13659 words
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Miscellaneous730 1981-07-23 6 Especially for Presley fans| ELVIS PEEBLEY (in prevtoas mwrlaff aad Us the nkjtet sf mack debate shsald fight far the la- estiag psiats aa this sabject diaas w the white Mtthn especially whea the* Mm apasartt with Elvis majority sf the debaters will wsa't he deprived sf a hatf-ladlaa sm.730 words
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Miscellaneous163 1981-07-23 6 followed by Programme Summary and Thirty Minute Theatre IJI Potluck 1.45 Science Report IM9 Music While You Work 11.M News in Brief 11.16 In Latin Mood UJI The Frankie Howard Show 12.M Light Music At Noon lIM Lunch Date 1.31 News folllowed by Share Market Report and Weather Forecast 1.45163 words
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Article, Illustration1710 1981-07-23 7 FOUR TYPES OF CLEARING CODES All expenses connected with the provision of the clearing facilities by the management bank shall be shared by all banks participating in the clearing. Each bank's share will be determined by the volume of its inward and outward clearing items. THE VOLUME1,710 words
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Page 7 Advertisements
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Advertisement86 1981-07-23 7 For your profitable business and sightseeing in Japan! Single: Yen 5,500, 5,800, 6,000; Twin: Yen 8,800, 9,400 (Tax and service charge included). All rooms are furnished with private bath, shower, phone and color TV. Situated only 400 meters from the Tokyo City Air Terminal. Just call us at the Terminal86 words
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Advertisement208 1981-07-23 7 The first major ictorial record r ecca \y -.W raw n*( J r bA:* EE <•* The Haji, the great Muslim pilgrimage to Mecca, has never before been photographed in such magnificent colour and with such feeling. Now for the first time, Mohamed Amin, one of the world's great photographers208 words
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BANKING AND FINANCE
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505 1981-07-23 8 Reuter THE MATURITIES of international loans made by major Western banks shortened in the second half of 1960 after tending to lengthen since mid--1978. The Bank for International Settlements (BIS) said in its semiannual report on maturity distribution of international bank lending that lendingReuter - 505 words
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Article473 1981-07-23 8 Reuter POLAND had U555.35 billion at debt to repay to banks of leading Western industrialised countries by the end of 1981, statistics published by the Bank for International Settlements (BIS) show. The BIS semi-annual report on maturity distribution of international bank lending said this was theReuter - 473 words
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Article139 1981-07-23 8 Reuter THE FEDERAL Reserve Beard eppeeee pending federal leglstefiM thai weald remeve all state interest rate ceilings. Fed gsveraar Naaey Teeters teld a Senate baakiag sabeaminittee that the Fed mpperts ending artlfleal restraints sn Interest rates, hat believes that the lssae shsnld be eerreeted byReuter - 139 words
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Article114 1981-07-23 8 RECENT corporate merger activity has so far had only a limited impact on the availability of credit. Federal Reserve chairman Paul Volcker also told the House banking committee that he has some concern about the speed with which banks are extending lines of credit. However, he did114 words
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Article148 1981-07-23 8 Reuter LLOYDS Bank International has finished marketing work on the USJIOO million, 12Vi year loan it is raising (or the Central Bank of the Philippines. Central Bank governor Jaime Laya said signing of the loan will be held on Aug 7 in London. He added that WellsReuter - 148 words
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Article117 1981-07-23 8 Reuter THE LONDON Gold Futures Market Ltd plans to go ahead with its existing plans (or a sterling-denominated 100 ounce gold futures contract. But it will no longer be traded on the London Metal Exchange (LME). Mr Keith Smith, chairman of the Gold FuturesReuter - 117 words
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Article88 1981-07-23 8 Reuter THE CHICAGO Beard sf Trade waa purafcaliß from the Csiamsiltj Fatares Tradlag r>mmtssisa to trade fatares eeatraets based sa Amerteaa baakIssaed ctillflualm sf deposit (CD). At aa epea meeting com missies aasalmsssly approved the beard's pripisal which calls fsr fatare delivery sf a iiaade CD having aReuter - 88 words
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Article106 1981-07-23 8 VENEZUELA'S US$B.B6 billion refinancing package has been revised upwards by around $5 billion in Congress committee and will be introduced to Congress next week. The Congress Finance Committee approved three bills totalling $19.86 billion covering the Caracas Metro, electricity projects and the refinancing programme. About $17 billion106 words
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Article50 1981-07-23 8 Reuter CHASE Manhattan Bank and Manufacturers Hanover Trust Co have raised their broker loan rates to 20Mr per cent from 19 Vi per cent, effective immediately. Earlier, Chemical Bank raised its rate to 20'4 per cent from 19*'« per cent. Other major banks are quoting 19Vi per cent. ReuterReuter - 50 words
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Article101 1981-07-23 8 Reuter THE BIGGEST commercial Isaa la history was made la New Yerk m Tsesday. The hsrreww was Mehtl Carperattea, the secead Largest US all eeaaaaay, which eelleeted US$l hllttaa aad Immediately lavested the aawy la sharttera secarittea. lie leader was a iyadicate sf 41 haaks hacklagReuter - 101 words
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MONEY AND EXCHANGES
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Article22 1981-07-23 8 THE average rate at which major Singapore bank* are currently prepared to lend to their best customers is 14.2 per cent.22 words
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Article185 1981-07-23 8 ASIAN RATES ASIAN currency deposit interbank rates as at close on July 22. UB DoUar«(S>ol> Off.r Bid 7 days 19* 19* 1 month 18H 18W 2 month* 18H 18 1 3 months 19 1/16 IS 15/16 6 months IS 15/16 16 13/16 9 months IS 1/16 1715/16 12 months 17H185 words
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Article47 1981-07-23 8 RANGE at prices often >d by dlscount hoi— on July 8: Overnight: 6** Call deports: 6H% la ClMMf Btrtal 3-month 8«IUm Treasury bills 611/16 69/16 3-month Bank bills 14 9/16 147/16 3 months CD 13M 13 1 6 months CD 13 UH Source: National Discount Co47 words
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Article43 1981-07-23 8 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of 1100 million 91-day Treasury bills to be issued from July 28 to July 31. Each tender must not be for less than 1250,000.43 words
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Article68 1981-07-23 8 THE dollar yesterday eased in early trading as profit taking set in on the view that dollar interest rates may have peaked for the time being, dealers said. The dollar eased to 2.4580/90 marks from its opening 2.4635/45. Opening quotes yesterday: US 1.8425/35 Can 2.2331 48 Cross 1.2125/28 DMk-4.5400/5068 words
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Article462 1981-07-23 8 THE US dollar closed firmer against the yen but little changed against continental currencies in moderate trading. The US dollar opened at a high 2.1620 against the local dollar. Firmer ACU interest rates and the statement made by the Federal Reserve chairman Paul Voleker indicating a tight monetary462 words
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Article256 1981-07-23 8 THE US dollar for overnight delivery yesterday closed sharply higher at 235.60 yen, compared with a 234.70 opening here and 234.25/40 closing in New York overnight, despite heavy Central Bank intervention to support the yen, dealers said. This was up sharply from a 233.40 closing here on Tuesday Trading256 words
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Article232 1981-07-23 8 SINGAPORE gold futures yesterday closed slightly firmer than Tuesday's close after fluctuating narrowly throughout in thin trading, dealers said. Total sales far the day was recorded at 17 lots while kerb volume at 42 lots with activity mainly centred on August and October contracts, they said. August closed slightly232 words
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Article39 1981-07-23 8 Tmm Mm New York H7B MSB 8 ITS IBS ft flcn Zurich 8 KB IMS BOX ICR Turn Singapore tim 1MB IMS I.74S Ckstaf prk n in US i JoUan a trojr ouao Source: Credit Suisse, S'pore.39 words
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Article127 1981-07-23 8 THE dollar yesterday remained firm against most major currencies at the close, while the yen fell despite intervention during the day, dealers said. The yen closed at 235.50/ 65, down from an opening 234.40/50 and New York's 234.25/40 clqse. Sterling closed around 1.8475/90 against an early 1.8490/1.8505 and New127 words
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Article323 1981-07-23 8 JAPAN will give Baaglidfrt 27.25 billion yen in loans in the current fiscal year under two agreements finalised in Dacca. The Bangladesh official news agency BSS said the loans are repayable in 30 years with a grace period of 10 years at 1.25 per cent interest. The323 words
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Page 8 Advertisements
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Advertisement103 1981-07-23 8 6E#3 •'"•Ir-. EM iniid H Humidity is the level of moisture in the air. It increases as the air gets warmer. In conditions of high humidity, people suffer from discomfort and moisture-sensitive items deteriorate more rapidly. QE Dehumkflfter helps to overcome these unpleasant' effects by removing excess moisture from th103 words
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1768 1981-07-23 9 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acat (3.008 388S)1,768 words
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Article187 1981-07-23 9 SINGAPORE UNTT TRU8T (MaM|Nt < prima hr M tS) The Commerce 3 .CC 3 85 The Savlngi Fund 110 2.21 S pore Prof Fund 1.(3 1.71 S pore Sec Fund 148 2 58 S pore Invest Fund IJOI.Hh) S pore Equity Fund 1.54 162 DIAMOND MOT rPORR (Mim|«i187 words
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Article2781 1981-07-23 9 Gr*s Gr's Net 1981 Company Last Div Div Y*ld P/E Vol Day High Low Sale or- C*vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 494 320 Acma 380 -4 14.5 33 33 1X6 11 388 380 Alcom 300 10.0 2.0 33 25.0 350 130 Allied Choc 3182,781 words
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Article1927 1981-07-23 9 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUniAU Mtmm (3108 3SOS) A OM (3.306) AMD (3 MB 3.505) (1)1,927 words
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Article103 1981-07-23 9 MALAYAN Ualted Iadsstries Berfcad: EOGM to be held at The Banquet Room, Holiday Inn, Jalan Penang, Kuala Lumpur on July 23 at 10 am. HOTEL Graad Ceatral: AGM to be held at The Conference Room, Hotel Grand Central Building, 22 Cavenagh Road, Singapore 0922 on July 27 at103 words
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Article894 1981-07-23 9 CONBIBTENT haytog was evldeat at the Stack Exchaage a( Wags pare yesterday maralag, hat caattoa later la the day ralaed daahto aa te whether toe reeevery weald he sastolaed. By the mid-day break, the Straits Times ladaatrial ladcx was ap Ml palate. Bat dartag the afteraaea, prices894 words
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Article488 1981-07-23 9 BUYING interest returned to the Kuala Lumpur stock market to push prices generally higher yesterday. The improved conditions came after two days of falls as sellers maintained a strong grip on prices. The better conditions lifted the market indicator, the New Straits Times industrial ordinary share488 words
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Page 9 Advertisements
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Advertisement0 1981-07-23 9 ~*<@**}_{,;['?^>]'%<$.`&~+"{[[)0 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article249 1981-07-23 10 JULY 21 Pti COKBBILLK Air-Liquids B 8 N Qcrraii Danoo* CSr (ThomjonCle rrancalat daa Patrol** 471 ioao SB 10B SO ♦so -fit >1J 'rtaanctore 0*n*ral* B1 Credit Pooctar Da FTmnc* SB H*ch*w* (Ubrmlrta) 3BB Machine* Bull w MlclwUn (B) 70S Parlba* 174-90 PachlMy Clfln* Kuhbnuu 71 Peufaot 143 Phlltpa249 words
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Article206 1981-07-23 10 JULY 21 Dm A«f-Ttlcrunken 40.20 -OS Alio 21 JOB Ails Ltben 1230 00 unch Alls Vert 470 00 •3 BASF 134 60 04 Baj H T Wtoank 1M 00 0.5 B*7 Vbank 2HJ0 •1 Bajvr 12.00 -02 «w *****B unch BMW IK JO 262.00 -10.5 Cham Vtrw ***** -3206 words
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Article178 1981-07-23 10 JUL* 1 francs Action* S«ni»rt Aliuulaae ht Brown Bonwrl Br. CM* Q«1«J Br CI Da OHJ P C Cite OeHJ ftof Cradll SutaK Br Cradlt Suiaw Ht ElcktrovaU Br. Otorp richer Br OloOua PC H#ro Br J82-> vn 380 13» 1256 990 SM 2130 3U Mm •u we H178 words
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Article169 1981-07-23 10 JULY 21 na 4V A BM T 297 00 -4J Ahold 70.40 0.4 Akao *10 -0.8 AMKV Amfaa 88.70 rroo unch -OJ U40 36 006 *1J0 +0i2 -1 -0J SXM 188.00 -as -J MJ0 *90 unch -01 Calve uatn Dall Ml) 171 JO TOO -0L5 -i.i Ennta potter 4130169 words
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Article103 1981-07-23 10 JULY Lin 47Ante Ajaoc Oen BilUf] iaoor XT x> -ion Cmtnle Plat Plnakter MOO ioo* «i -at -10 Oen Immob \mo 00 IF1 Pri 3700 -00 llalcemcnU 324* I >110 ltaifu HO Italafcter Wl -1 MafntU M R 750 -0 Maraill Ere Madkot> Mtralanaa Mondtdorl ZZ loooi 1S2H saoo103 words
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Article696 1981-07-23 10 JULY 21 U8S ACT lmuHrtM Addrempafll Airco u»e 43 12 ■H A lean Alum In 26 >» Allettoenj Lud Allied CMS Cp AUMd atom Alll»-Chaimer» Alumhoo Amir Am AlrilnM 44 <• S3 >4 26* at ar* 16W e*« Am Bnndi Inr Am Broadcast 40-> 26* Am ran696 words
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Article191 1981-07-23 10 JULY 21 C» Ab:tlM B*» unch Alcan 32* -it Alffoma OH unch Bank Mont as unch Bank Nov* SroUt 27H -H Bel] Tel lit Beth Corp BP Can Ltd SO* Braacan n* Camp R«d Late II* Can Imp Bk a Caiipar unch Canpar in» Pf si H Carlint OKeefe191 words
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Article287 1981-07-23 10 JULY 21 Rand INDUSTRIALS A Alpha 400 unch Abercom M unch AF And CI AM TP ■&B IBS 25 Barlow* no J0 Ct Sufar CNA Cum* Finance L» Becrt Irvd 1100 unch sao zao aoo unch unch Edcon OS blftn 7975 Eveready Ted Volk >10 unch ru»tt 256 5287 words
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Page 10 Advertisements
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Advertisement783 1981-07-23 10 See Page 11 for Asian stocks The American Express Card serves you well, wherever good food is served". ere to wine,dine Getaway to Sentosa with family and friends Cost only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount.783 words
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Advertisement200 1981-07-23 10 as good as going to Bangkok. > This is Thai Seafood at its authentic best So tresh. it could have been alive 15 minute* before coming to your table It was An enormous variety of succulent seafoods expertly prepared by That chefs in our kitcfwn. Siamese Seafood Restaurant a CocfepitHetd200 words
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COMPANY NEWS
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Article413 1981-07-23 11 WAHYU DEAL DETAILS MALAYSIA Textile Industries (MTI) Bhd has disclosed further details on its acquisition of Wahyu Sdn Bhd and the purchase of 506 lots of land from Sri Lemak Sdn Bhd. In response to KLSE queries, MTI said the shareholders of property development company Wahyu (total issued413 words
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Article530 1981-07-23 11 BUSINESSMAN Datuk KK Sharma told the Malaysian High Court yesterday that in his dealings with the deputy chairman of Central Securities (Holdings) Bhd, Datuk Loy Hean Heong, he was blinded by the fact that he would get 5,000 tons of palm oil from Datuk Loy every530 words
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Article, Illustration480 1981-07-23 11 THE CITY STAFF - By THE CITY STAFF PUBLIC Bank Berhad (PBB) is confident of further progress in the current year, backed by the group's "solid financial position with sound liquidity". This optimistic forecast was made by PBB chairman Datuk Teh Hong Piow in his latest annual report for480 words
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ASIAN STOCKS
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Article251 1981-07-23 11 HONGKONG THE STOCK market yesterday closed the half-day session little changed after recouping an early decline. Initially, continued nervousness over the possibility of further rises in local prime rate pushed prices lower. By mid-morning, the Hang Seng index was 25.4 points down. It finally closed at 1,732.94,251 words
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Article258 1981-07-23 11 KEY RESOURCE indices fell to their lowest levels of the year with oils among big losers. The oil sector index fell 27.5 points to a year's low of 793.6 following news the running Basin well, Orange Pool No 1, had been abandoned as a dry hole.258 words
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Article487 1981-07-23 11 SHARE prices yesterday rose slightly on scattered bargain hunting after Tuesday's sharp foil, but trading was slow with many investors awaiting foreign exchange developments. The market average rose 4.08 to 7,760.84 on volume of 320 million shares. The Tokyo Stock Exchange index added 0.16 to 587.77. The market opened487 words
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Article25 1981-07-23 11 JULY a BaDu Ui uncb ieh O* Corp Ml imeh Itan* TBMT •ftlM Union Ttei Dana BuU MI *1 Unttad now yni 19i unen25 words
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Article58 1981-07-23 11 JULY a l""«» «i~4~ M'" lr t JMt unci) kUu Ooa. 7, AUaa C5» r Binlo OoM 22 Scfnn Lmtnu> B. 11 »IM Mmrtndnao* LM unch OlanMl am -MM Phil OmMi M unci) PtUiM MM ancb Won— MM -«MM PLOT B Podco MO tUM PuWl MM oacb Ban Mlfucl58 words
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Article54 1981-07-23 11 FINANCIAL TIMES INDUSTRIALS Tuesday 512-2 Monday 514.0 Week Ago 531.8 DOW JONES AVERAGE INDUSTRIALS Tuesday #34.4« Monday »40 54 Week Ago 848 25 H.K.HANG SENG Wednesday 1732.84 Tuesday 1732.38 Week Ago 1780 68 AUSTRALIAN INDUSTRIALS Wednesday.... T13.4 Tuesday 722.8 Week Ago T28.8 ALL ORDINARIES Wednesday 544.8 Tuesday #58.554 words
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Page 11 Advertisements
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Advertisement318 1981-07-23 11 Some people say we've got quite a history behind us. As a raulti-faceted multinational, I mean. For instance, we've been in the motor vehicle business for some years. Not counting our experience in engines, that is. We sell and service the most prestigious car ever to grace the road the318 words
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Advertisement672 1981-07-23 11 David A. Bailey TCNT Corporation Sdn BHd Maiovsia He Holds on M A f'om Combridqe Un.*ers»tv tjnd o D»piomo o* To*»n Planning from StrothcUde University Work has token him to Hong Kong Tboilond, London, Duba*. Nige'»o and Scotland As Gcnero' Moncger ot China Ventures iP Ltd he prepared the feasibility672 words
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327 1981-07-23 12 ORIENTAL Holdings, the group that assembles Honda motorcycles and cars, is planning to manufacture electrical parts for motorcycles. It hopes to do this through a joint venture with Honda Motor Company and Kokusai Godo Denso of Japan, through a company registered as KGD Malaysia. The327 words
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Chief Price Changes
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Article135 1981-07-23 12 Rises U M W 760 125 Hob| Leonf lad 2010 110 C Sugar* 1850 90 S«1 Prop«rtie» 1040 80 Sea View 700 80 OUE 1230 +80 Metro Hid(• 1740 60 Promet 645 55 PMC 1810 50 H Leong Fin 1050 50 1 C B 700 50 Syn Rciiii 680135 words
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Article, Illustration155 1981-07-23 12 Rises U M Work 815 115 Sel Prop MUlnd 1100 +70 1810 +70 Taiping Text M Textile 650 670 +40 +40 KLInd 2130 +30 Genting OCBC 900 40 1320 40 E AI 480 30 Falls H L Finance 1120 -200 HL Credit 1600 -200 Male* 450 -130 Pac155 words
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Article482 1981-07-23 12 THE TOYOTA gnap sf Jipu ku Ml spen the question whether Incbcape Bhd wUI retain Its car franchise in Malaysia la the medium term. An official press release made stmaltaaesasly in Knaia LamCaad Tokyo yesterday by Tnynta tar Sales Company, the marketing arm of the motor482 words
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Article714 1981-07-23 12 CHOO AI LENG - iHiiai Companies Editor: Mano Sabnani By CHOO AI LENG BARELY free from an unsuccessful takeover bid, SPP has gone all out to ward off fresh predators by entering into four deals worth a total of $39.8 million. It is also proposing before its long-suffering shareholders a714 words
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220 1981-07-23 12 UNITED Estate Projects Berhad's open offer of 9.375 million shares to the Malaysian public has been over-subscribed about 15.9 times. The issuing house, Malaysia Industrial Development Finance Berhad (MIDF), said 96,580 applications for 158.22 million shares were received. United Estate Projects (UEP) had earlier made220 words
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Article802 1981-07-23 12 LONDON, Wed. Share prices closed firmer today in technical reaction to recent lows in quiet and cautious trading, dealers-said At 3pm, the Financial Times index was up 4.0 points at 516.2. Government bonds rose by up to H point among shorts and by up to V« point in802 words
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Article116 1981-07-23 12 NEW YORK, Wed. The stock market staged a rally this morning after the sharp declines of the past two sessions The Dow Jones average of 30 industrials rose 4.56 points to 939.02 in the first half hour. Gainers outnumbered losers by 4 to 3. Analysts said there116 words
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Article124 1981-07-23 12 BUYING large blocks of Haw Par shares appears to be one of Jack Chia's dally activities. The entrepreneur yesterday announced a further purchase of 384,000 Haw Par shares at prices between $4.60 and 14-64 and between M 54.86 and M 55.05. This is the124 words
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Article92 1981-07-23 12 OBSCURE and seldomtraded George Town Dispensary Bhd yesterday disclosed a significant change in its shareholding structure. It said Asia vest Nominees had received transfers covering 165,602 stock units equivalent to 41.16 per cent of its issued capital from three companies. The three companies are New Hibernia Securities92 words
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515 1981-07-23 12 THE buoyant demand for ship-repairing services has enabled Sembawang Shipyard to achieve a commendable 46.6 per cent Jump in its group pre-tax profits to $59.85 million in the six months ended June 30. And as a small reward, shareholders are to receive an interim515 words
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Article, Illustration509 1981-07-23 12 mm*** by HOCK LOCK SIEW PAN-ELECTRIC Industries (Pan-El) has pulled off a major coup in realising the merger of its subsidiary Pan-Electric Appliances (PEA) with Acma Electrical Industries. In a carefully calculated move, Pan-Ell is now the single largest shareholder in Acma with 33.3 per cent of theby HOCK LOCK SIEW - 509 words
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Page 12 Advertisements
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Advertisement296 1981-07-23 12 Electric Motors from Czechoslovakia Mez electric motors well-established in Europe Middle East Thailand and Indonesia are now available in Singapore e among best quality products made In Europe e most competitive prices Va over 3,000 units (0.3 7kw to J 75 kw available ex-stock) a full spare parts and service296 words
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Page 12 Miscellaneous
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Miscellaneous59 1981-07-23 12 Outlook for Singapore from 6am to Ipm today: Showers in few areas. Report for 24 hoars prior to 7.3t pm on July 22 %t the airport. Maximum temperature 31.0 Associated humidity 66 Minimum temperature 24.7 Associated humidity 98 Hours of sunshine 6.15 Rainfall in millimetres 4.8 Total rainfall for the59 words
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SHIPPING TIMES
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203 1981-07-23 13 D£FENDING its Westbound General Cargo Contract (WGCC) against criticism from the Federation of Asean Shippers' Council (PASC), the Far Eastern Freight Conference (FEFC) declared that it was mandatory for shippers to sign the contract unless they wanted loyalty rebates. It was unfair to claim that203 words
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Article, Illustration608 1981-07-23 13 VONG NYAM MING - By VONG NYAM MING INCREASING trade between Malaysia and Brazil has prompted a new direct and regular shipping service between the two countries. Frota Oceanica Brasileira SA of Brazil initiated the first of its direct sailings when the Frotabeira called at Port KLang last week608 words
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PORTSIDES
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Article74 1981-07-23 13 Reuter SANOYASU Dockyard Co Ltd has won two orders from US and Norwegian owners to build a total of five bulk carriers worth 28 billion yen. A/S Mowinckels Rederi of Norway ordered two 60,000 dwt carriers worth 13 billion yen for delivery in July and SeptemberReuter - 74 words
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Article68 1981-07-23 13 Reuter AT LEAST nine people drowned when a boat crossing the Cauvery River in southern India capsized on Monday, the Press Trust of India (PTT) reported. The incident occurred near Malasi, in Tamil Nadu State. PTI said that of the 49 people reported aboard, 34Reuter - 68 words
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Article154 1981-07-23 13 AP EFFORTS to save the 8000-dwt West German cargo ship Printz have been abandoned due to rough sea, it was announced in Karachi by its Pakistani agents on Tuesday. The German ship ran aground on last week near breakwater on Karachi's Clifton beach. It arrived in KarachiAP - 154 words
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Article700 1981-07-23 13 Sfcifftag Llae Page CM Achipelego Afea Afro-Eurasia All trans Alpac Angkutan Angonave ANL An toll APL Argentine ASCL Asia Merchant Austasia Line Australian Coot Bait-Orient Baltic Bangkok Com Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Benbulk Bintulu Birkart Blue Funnel Blue Star Burmese CAVN-FMG700 words
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Article270 1981-07-23 14 ARRIVALS KEPPEL WHARVES Atrevida (after Samoa) 6/7 Bunga Melor (after Atlantic A Privolye sails head-West UTM/L A D/L) 33/34 Bunga Mas (2359) 45A Chaco (after Privolye 35/36 Cherry Chantek (0700) 26 Christine 2 (after Tadeusz Ocioszynski) 42/43 Kota Jade (1500) 13 Kota Petani (0700 after Kota Singapura)270 words
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Article1062 1981-07-23 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL I Vessel's Name Voy Estimated No. Time of Arrival Shipping Lines Gdn Mode of Operatn Date Time Anson Tambang VII Unlcon Pegasus Pride Ercole Lauro Ned Dejlma Hakata Maru Alemanla Express Bremen Express Ever Harvest Dragoer Maersk1,062 words
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Article1444 1981-07-23 14 CHARTERING was mainly confined on Tuesday to the timecharter sector of the freight market with rhinpao operators reported to have secured a 15,000 tonner from Montreal to hina at US$6,BOO daily. A 18,000 tonner from Moji, Japan to Singapore-Japan range via Australia paid 15,625 daily including overtime, while1,444 words
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464 1981-07-23 15 THE Jebsen group has announce that they have entered into a partnership arrangement with Wheelock Maritime International Limited ('WMI') of Hongkong a quoted subsidiary of Wheelock Marden and Company Limited. Under the partnership agreement, WMI will acquire 50 per cent of Pacific Norse Shipping464 words
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Article146 1981-07-23 15 NINE new deep berths will be completed this year to help ease China's port congestion problems, communications minister Peng Deqing said. Mr Peng said a shortage of deep water berths for ocean-going vessels was "still a burning issue." About 10 major seaports, including Shanghai, Tianjin,146 words
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436 1981-07-23 15 TWO months from now the Lloyds of London marine market will face the most complicated series of claims in its history with total liabilities running into hundreds of millions of pounds. By the end of September, owners of the 70 cargo ships trapped in436 words
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Article156 1981-07-23 15 AFP A NEW shipping line linking Morocco, Tunisia, Arab countries of the Middle East and the Gulf was inaugurated in Casablanca on Tuesday by Morocco's Commerce and Industry Minister, Azzeddine Guessous. He said Arab economic progress could only be brought about if there was a market ofAFP - 156 words
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Article, Illustration499 1981-07-23 15 Lloyd's List AFTER a 12-month period of hectic activity during which time around 40 new units were ordered, the semi-submersible drilling rig building boom is petering out. Although deep water drilling rigs are still in short supply and day rates of around 190,000 haveLloyd's List - 499 words
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1162 1981-07-23 20 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN1,162 words
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Article193 1981-07-23 20 CHINA is sailing full steam ahead to become a new maritime power as its fleet expands rapidly to number more than 400 vessels. Started in 1961 with a fleet of only 20 vessels and a load capacity of 200,000 tons, the industry has grown 20 times in193 words
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Article550 1981-07-23 20 ALGERIA Algiers Mid July, waiting times of 4-6 days. ANGOLA Lobito Mid July, no berthing delays. Luanda Mid July, berthing delays of 7-100 days ARGENTINA Bahia Blanca Mid July, 17 grain vessels awaiting berths with 5 days delay. Buenos Aires Mid July, berthing delays of 7 days for550 words
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Page 13 Advertisements
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Advertisement420 1981-07-23 13 HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: PJ(«ten|/Kedun|/Busan/lndion Fm: Bwan/H.Konf/Banfkok Td S'pore: *****11 P.K. *****4, PN *****5 K.L. *****0 <S§* RI) 1\ 1 I H Orient Overseas Co*dcu*ieA Line FULLY CONTAMR6ED (VIA SUEZ) 1 n 2/9 4/9 6/9 9/9 5/9 6/9 8/9 10/9 13/9 9/9 10/9 12/9420 words
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Advertisement283 1981-07-23 13 HSEALORDH UASC UNITED ARAB SHIPPING CO (SAG/ EXPRESS MULTI PURPOSE SERVICES Loading for L'TT*OT7smtiH:r 30/7 19/1. I Mina Oaboos (31/8) FULLY CONTAINERISED SERVICE iq cargo acceptable intranwt S'pore Loading for Dubai (6/8). Kuwait (8/8). Dammam (12/8). Abu Dhabi (14/8), Doha (16/8). Bahrain (18/8) Dubai (16/8). Kuwait (18/8), Dammam (27/8). Abu283 words
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Advertisement19 1981-07-23 13 MDB I CONTAINER Schedules II SHIPS In Port II LONDON Freights II 111 PORT Conditions VIII REGIONAL Weather VIII19 words
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Advertisement470 1981-07-23 13 •bcnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents; IMINCtnc TMK A TIMMC ttOCTPTt LTI. Tet *****4 (5 lines) SINGAPORE 0 *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC. EAST CANADA, ASIAN PORTS htiLk* Singapore Philadelphia FOfOO •SMGAPOK aOSMG TMCS:470 words
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Page 14 Advertisements
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Advertisement835 1981-07-23 14 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 •Accepting Earope carfo tor leader na S pore 'Also *rect carp tor Spore ft Banfto* Pis contact PERMBC P Maw tor toader835 words
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Advertisement173 1981-07-23 14 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA a/7 a/7 v« I a/7 11/1 11/1 i/i VI mximmo: -barber toba"2 -barber tsitkms -barbernara~a* n TO: PANAMA US ATLANTIC EAST CANADA US GULF 1/1 7/1 a/i vu u/i 12/1 Vll Vll 17/u a/u a/u vu vi i/» Vll Vll a/1173 words
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Page 15 Advertisements
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Advertisement706 1981-07-23 15 QCL Overseas Containers Limited STRAITS STOPPING Singapore to Sobeh, Sarawak, Brunei Porta and Bangkok CONTAINtRSHIP ScRVICE TO UK CONTINENT Sarawak mi Mi kn U4 LM Ml tadMl Ml fen Ut Ton U1 UH Ml Uk. IK. 9m. LO Ml Ml (MM tJt m Ml lAU.a> MM MM MM MM MM706 words
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Advertisement344 1981-07-23 15 pjp Franco Belgian Services OCOUUMO S port P tout Btona *«*b Goto* Tnwte UU9 ni 7a* «a* mMi mMi aMr mmi mm u*t »Mi «h« nkm aa* vim »»a 17 lm I«M| 4 M «S¥ IS*» MS*« 3iht is*t iiu# its* as* NMUTA MM C.KUB «s Gem* Tncste Swwwt HIM344 words
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Page 16 Advertisements
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Advertisement559 1981-07-23 16 JE Hapag-Lloyd TO NOtTN EUtOK haw Etpress 4/8 25 8 27/8 28 8 30/8 FraMrt Eipress 8/8 27/8 29/8 30/8 1/9 Larpßaj U/8 1/9 3/9 4/9 6/9 "Also accepting transfcpment cargo tor CARIBBEAN WEST NXS »u Hamburg S pore P Kdang 29/7 30/7 9/8 11/8 U/8 13/8 |l'/8 18/8 I559 words
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Advertisement571 1981-07-23 16 i/nor/1 shipping n UtiLri CORPN P. Kdan{ ALTAW 165£ 4- S Au( PEHANG SPORE 9-11 Au( 12-15 Au( FROM BUSAN BANGKOK ALTAR 166E 4 8 Auf 9-11 Aut 1215 Au TO BUSAN VEGAI62W 24-27 Aut 2S-30 Aut 31Au(-3S«pt FROM BUSAN BANGKOK VEGA 1631 24-27 Aut 28-30 Aut 31Auf-3S«pt TO BUSAN571 words
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Advertisement477 1981-07-23 16 0 EVERGREEN LINE I FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON. MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW, LEEDS ETC. WEST GERMANY 6REMERHAVEN. OSLO, STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND ABSTOAM I S-pm MM I FtfcsM# lattarMi Mwf* UKm t*w Mpr 2V7 IVI 17/1 U/l 21/1477 words
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Advertisement670 1981-07-23 16 1 Everett Lines/ 1* Burim Five Stir Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON S'pn FJUai 24/ MM M 1/J A* rrwA 11 BFSSC Aoent* m Molayvc BOUSTtAD SHPPtMG TbL NOS KL *****2/*****9 CMPN« Ar|MlMa 0* fciwwH IM«mmimiml A liMo> A S- C.t.P. "ARGENTINE NATIONAL LINE" LOMMG FOR DURBAN670 words
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Advertisement350 1981-07-23 16 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD O SANKYO LINE JAPAN/STRAUS SERVICE murm m l zmmn'izmvi 9 i un ih mm. mn» p kume un m i K IB »«7fi/V7»l t IMMPORT m WW I UTS SUN UNION LINE KARACHI SERVICE SMGNPORE PJEELANG PENANG LOAD FOR IB 22*11*4/7 ft 2350 words
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Page 17 Advertisements
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Advertisement673 1981-07-23 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) Accepting LCL Cargo to Colombo A Aqaba. *FCL Closing 24/7 2300 Hrs. S E A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' Closing Time: FCL 22/7 0900 HRS EAST AFRICA/REDSEA SERVICE Singapore P.Katang KOTA In Pt/25 July673 words
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Advertisement780 1981-07-23 17 BENLINE CONTAINERS TO CIMOPt li—«m [i)rni T*Ayoßa, t*M(< Hn Btomm* Eiprtu f-Mthrt Eiprm Larp Bu Rhnf Mini Pwat/tim* EXPRESS CONTAINER SERVICE TO/FROM EUROPE HBURC BMAVfN ROAM HAVRI SOION Sport P M**|* Otmtny/ Aostria Antaerp franct MU( FMM MWH: H BURG BHAKN ROAM HAVH SO TON W Germany/Austria Benttui fiance A)780 words
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Advertisement657 1981-07-23 17 5l It m I |y 19 f 8 i Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE MU a/7 FUMCA 31/7 OMtK m 0 rDMM 14/1 DMUk 71/1 n MCA 2|/| B DM* 4 1 1 «MGA 11/9 DAHUA 11/1 ImrpM U«. Caw, i Spare I)lTjaMl2>rda» 3)H tkirf 4>G hw| m657 words
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Advertisement550 1981-07-23 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FPU REUMON I S. AFRICA A. VESSEL Also occepting FCL containers Spore: Aug (looding direct for Reunion, Durbon and Copetown only) Lines U.S. WEST COAST SERVICE DHd from SFO Lbdi SPORE BUM Ste/Tae VBC LISLE LYKES SU Sid ta Pt 24/7 IS/S 22/8 ASHLEY LYKES550 words
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Page 18 Advertisements
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Advertisement722 1981-07-23 18 K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA FHKIKSaS* P* Jp *M Bit M 25/7 27/7 I Star *4 13/1 IS/I TO EUROPE Spore P Hetang L Kjyrf If dam H'burf Bremen A'i FROM EUROPE TO FAR EAST •t Harye P Ketang Spore H'Kong Osaka Tokyo722 words
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Advertisement312 1981-07-23 18 CALfORNU/PACfIC NOftTM WEST SERVICE EXPRESS CONTARM/REEFER SERVICE Lm*m tar lot Mean. SM FRANCISCO. UTIU. TACOMA. VAMCOMER. IC >mti rajfa P Mm| Support L A«(Mb iNuir isMi it a* 11 u# AUSTRALIA EXPRESS CONTAINER SERVICE Accaptfe| FCI/FQ CoaUtan NEW ZEALAND SERVICE JAPAN SERVICE "MSMMMITMKP U»| SM 61T/24 My 24/25 My 21312 words
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Advertisement278 1981-07-23 18 H H A (iroiin SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCE AN BUILDING SINi'.AI'MUJ 0104 MARKETING 9111 (3 L INF SI GENERAL *****1 14 l i TERMINAL OFFICE ???3b83 TELEX RS ?4S9S RS ?5>S6B A B CARSHIP CABLE CARGOSMIP FS UJJI tteghH* Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK278 words
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Advertisement458 1981-07-23 18 KORINS MARITIME SERVICES Room 601, ICB Building Shenton Way Singapore Tel *****2? *****67 P Kolang Tel *****4/*****5 MIODIi EAST/RED SEA/EUROPE SERVICES STORE P. KELANG LOADMG FOR: EDELWEISS 26 U Bahrki/Kuwait/ Damman/Ummsaid A VESSEL 10 Auf Iran Ports BUNGA VANDA... 30 Aug Jeddah/P .Sudan [T] \Hyundae Shipping Co. lid. YTumaKob* S'porc458 words
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Advertisement497 1981-07-23 18 amrrinu iimia, mursoay, jmy a, ini m t INTRaStfI (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****n'*****57 BREAKBULK SERVICE TO EUROPE/UK (MM)/cm FULL CONTAINER WEST ROUND SERVICE A. FKLfTY Will A. ENDEAVOUR WBII2. 31 M MM/UMnM/VMIK/ Hate|/Uhrta/Tft*i It >*t FULL CONTAINER EAST BOUND SERVICE EID KARACM 10497 words
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Page 19 Advertisements
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Advertisement518 1981-07-23 19 NEPTUNE ORIENT LINES >\\" FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): 0' Ihf ACF Consortm" C. PAUL 27W+... K. CHANCE 4W S.S. BHDS 32* K. JACEWON 14W. TW BRDGE 7W kOCATOR 24W... N. JADE 3W Also accepting cargo to/from Scandinavia +C. Paul S'pore Closing Times: FCL Cargo LCI518 words
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Advertisement572 1981-07-23 19 MALDIVE LINES MALDIVE MPORTER 30/7 Loading For Male MALDIVE NATION In Fori Loading for Dubai/Abu Dhabi/ Bahrain MALDIVE NEIGHBOUR 30/7 Loading for Dammam MALDIVE NOVEL 10/8 Loading For Hodeidah MALDIVE MAGE 7/8 Loading For Dubai/Kuwait MALDIVE PEACE 3/8 Loading For Dubai /Dammam/ Kuwait MALDIVE EXTttSS 30/7 Loading For Salalah MALDIVE572 words
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Advertisement525 1981-07-23 19 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BUIDMG 55. lUrtet Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGAPORE Teiei Numbers RS ***** RS ***** RS ***** P KEIANG M/S SHAMKAT NAM SOON SON. BHD IST AND 2ND FLOOR NO 1. JAIAN CEMPEMNG. PORT KIANG MALAYSIA525 words
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Advertisement93 1981-07-23 19 13, CAA/IMI 1 IKI wrti iiivii l. i 1 BULK TIMBER PLYWOOD SERVICES 77> -r AUTHORIT t SHIPPING AND TRADING PTE LTD 1104 Gc»def V r <%►-• B*a Poa S *a> V T*,*« RS 2638 Q f T«»t 2QJA*4S -r NAGATUAH AGF NSI SDN BHD SIM SWEE JOO SHIPPING SDN.93 words
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Page 20 Advertisements
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Advertisement401 1981-07-23 20 A_ ANTOLL LINES Independent FCL Containers, Heavy Lifts liner Service 3»ect e ts to MlflMX M. B <G IONG( BHSB»Hf !»SM»NH uaa U(iW SdDrott SofTufa Sapiand Port. 14S/17W ISS/18N 16S/19W 17S/20N> Sine apart fa Pt/Sjfc 23 tafS Aug 25 Sept 3 Sept 20 Part Ketanf My 24 Aug 8 Aug401 words
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Advertisement312 1981-07-23 20 XS\ KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service ss* Tokyo Kobe S port Panaris P. KeUng S port Tokyo fob Tokyo Kobt S port Pttung P. KeUof S'p NORWAY n 3M SM SM 24/7 25/7 27/ NNKTMW 25/7 31/7 10/8 12/1 13/« 15/ WWW 7/« 10/8 21/1 23/1312 words
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Advertisement210 1981-07-23 20 JOHORE SHIPPING LIT 161 lAIAN TFNGKU BAOAR POPT *fIANG SFI AMGOft MAIAYMA HAJ SHIPPING SDN. BERHAD Express Unittoad Service from P Kelang 1 East Malaysia Brunei HAYATI V: 10/11 HAYATI V: 11/11 HAYATI V: 12/11 HAABAH V: 13/S1 HAMDAM V: 14/tl HAABAH V: 15/11 P. KELANG to Port 31/7 12/1210 words
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Advertisement252 1981-07-23 20 SCC SEABRIDGE AGENCIES 9A CftCULM ROAD STORE 0104 TEL: *****4, *****6, *****8. ARABIAN GULF ROUTES STOK LMrOtfcM^VUIfIJWfT.HI^ 27 My/20 A* DMMMN. KUWAIT REP BEA ROUTES EAST AFRICA ROUTES INDIAN OCEAN ROUTES CWTTAGONG, MADRAS, RANGOON, COLOMBO. KARACHI INDONESIA ROUTES STORE JAKARTA, SURABAYA mt OflO HXMESAN 25/1 A« PORTS. MEEKLY COMMLPATWN TO252 words
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Page 20 Miscellaneous
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Miscellaneous137 1981-07-23 20 m a £k V, V '4 V A 1 g M i\ 5 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Temperature Weather °c CP" Wind direction with speed in knots Cloudy Sky Wave height Sarfaee winds are Indicated by arrows which fly wtth the wind One full137 words
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