The Business Times, 28 July 1981

Microfilm: NL11184
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, JULY 28,1*1 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Singaporean arrested
      70 1 AP HONGKONG, Mon. A Singaporean has been arrested here in connection with what an American official has called the largest forgery operation to be unearthed in years. Leow Wai Seng, 33, whom the US government is seeking to extradite, was arrested as he was "passing through" Hongkong last
      AP  -  70 words
    • Article
      Lock icon Omani oil supplies
      65 1 Reuter BAHRAIN, Mon. Most of Oman's crude oil customers have agreed to pay U5535.50 a barrel for supplies in the three months starting this month, the authoritative Middle East Economic Survey said. Omani Oil Ministry officials in Muscat declined to comment on the report which said Oman
      Reuter  -  65 words
    • Article
      Lock icon Sugar restrictions
      65 1 AFP BANGKOK, Mon. The Thai government is likely to lift restrictions on refined sugar exports due to the country's surplus stock of 300,000 tonnes this year, Deputy Commerce Minister Prakaipruek Suratanond said today. The issue will be finalised by the sugar policy committee next week. "There should not
      AFP  -  65 words
    • Article
      Lock icon North Sea postponement
      81 1 AFP LONDON, Mon. The British Petroleum Co (BP) decided today to postpone developing a North Sea oil field because of changes in oil company tax laws. The "Andrew" oil field, about 240 kilometres north-east of Aberdeen, Scotland, is one of the smallest in the British zone of
      AFP  -  81 words
    • Article
      Lock icon Withdrawal from the EEC
      75 1 Reuter LONDON, Mon. Policy-makers in the opposition Labour Party stated today they hope a future Labour government will be able to complete Britain's withdrawal from the European Economic Community (EEC) within a year of returning to power. But in a policy document for endorsement by the
      Reuter  -  75 words
    • Article
      Lock icon No guns for women
      66 1 UPI BANGKOK, Mon. The police department announced today it will no longer issue women permits to carry guns because they often use weapons to resolve affairs of the heart. Police officials said women who carry guns often cannot protect themselves when confronted by robbers and occasionally
      UPI  -  66 words
    • Article
      Lock icon Japan-China trade
      67 1 UPI TOKYO, Mon. Despite cancellation of plant contracts, two-way trade between Japan and China recorded the second highest volume of US$5.l6 trillion in the first half of this year. The Japan External Trade Organisation (JETRO) said the amount represents a gain of 29.3 per cent over the same
      UPI  -  67 words
  • Article
    Snag in listing of Jurong B'works
    700 1  -  SHAREHOLDERS' VIEWS DIVIDED By RICHARD SEAH PLANS for a public listing of Jurong Brickworks on the Stock Exchange of Singapore are being frustrated by some of its majority shareholders. More than half of the company's 50 shareholders apparently want the company to turn public.
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  • Article
    Pioneer status for chemical factory
    253 1 A SUBSIDIARY of the billion-dollar US food and chemical conglomerate, Beatrice Foods, will be setting up a capital- and research-intensive factory in Singapore The company, Stahl Chemical (Asia), will manufacture chemicals for the leather finishing and processing industries. It is claimed that this factory will
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  • Article
    More skilled staff leaving Rollei
    462 1  -  ®y SIOW LI SEN ROLLEI Singapore's most important assets its skilled workers are leaving, thereby weakening its chances of being sold off at a good price. These workers, who have been trained by Rollei, find it hard to stay in the (ace of continuing uncertainty
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  • Article
    Japan's Asean imports
    343 1 NEW hopes have been raised for more Asean exports to Japan with the setting up of the longawaited Asean Promotion Centre on Trade, Investment and Tourism in Tokyo last month. Japan's commitment to pay 90 per cent of the cost of running the centre can be seen
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  • Article
    Lock icon Most expensive cities
    150 1 AFP LONDON is no longer the world's most expensive city for the business traveller, according to a survey published yesterday by the FhumcitU Times. The survey, baaed on the cost of three nights in an international hotel including two meals at the hotel, dinner in a top
    AFP  -  150 words
  • Article
    Afternoon selling pushes index 17 points down
    226 1 INVESTORS seem to be ss tewht m« ihxi era news sf nasinr Bqaldlty la Malaysia cnM Mt stem Ike alBMt NittiMu dally dedtee la shar? prim. Ywtotoy, the Straits Time» MutrUJ Mb «rapped by a—Per 11JB pelato to 91JI, toiaa at heavy aeUtas
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  • Article
    Novel way of getting out of squeeze on S$ funds
    471 1  -  By LEE YOKE MENG A LEADING American offshore bank has found a' novel way of getting out of the tight Singapore dollar funds situation with the help of an insurance company. Manufacturers Hanover Trust (MHT) has arranged a |15 million
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      231 1 Timpc RnnLi IKMIQS MALAYAN United Industries says it has not breached any clause in the agreement to buy majority stakes in Hotel Malaysia and Ming Court Hotel Page 12 BERJAYA Kawat has suffered a 50 per cent fall in pre-tax profit to M 52.64 million for 1960/81 Page It Some
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    • Advertisement
      Page 1 Advertisements Column 2
      73 1 hi'i'i'i i ii I'i'i'i 11 FRATA FRATA NEWS NVOC GROUPAGE SERVICES TO AUSTRALIA BANGKOK COLOMBO HONGKONG NEW ZEALAND SWITZERLAND Established regular services operated by experienced staff giving personal service. Carriers liability covered through insurance with London Underwriters. Competitive freight rates. Ship with confidence through Frata NVOC Services. FOR MORE INFORMATION
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      Page 1 Advertisements Column 3
      410 1 T*| SINGAPORE business FOR PEOPLE WHO MATTER .^%.(|=<[&`@$?)(\:)|^},(>}$~''= The ASEAN Report Update Published by Tbe Asiaa Wall Street Joaraal The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within ASEAN Indonesia, Malaysia, the Philippines, Singapore and Thailand. The
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      221 2 In international trade finance, a slow 'ye s' is about as good as a quick W. A bank cannot approve and deliver finance without first examining all the relevant details at both ends of an international transaction The speed with which your bank can analyse your proposal and enable you
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  • OVERSEAS I
    • Article
      Lock icon US exports to China are stabilising
      524 3 AP US EXPORTS to China are increasing fast, but the increase is flattening out, according to a report by the US International Trade Commission (ITC). The increase in the first quarter of this year was 53 per cent compared with the the first quarter
      AP  -  524 words
    • Article
      Lock icon Asean to continue search for solution
      235 3 Reuter INDONESIAN Foreign Minister Meehtar Ksaamaatmadja has said that Aseaa weald aat give ap Its •earcfe far a political aointtaa to Kampachea, despite Vietnam'a refasal to eeeperato with the Halted Nations can tact grasp en Kampschea. Dr Mack tar, speaklag ta arrival la Jakarta
      Reuter  -  235 words
    • Article
      KL competes for new industries
      490 3 THE INDUSTRIAL sites in and around Kuala Lumpur and Penan# are capable of competing with Singapore in attracting high technology, capital-intensive industries. The ready availability of communications, telex, banking and other infrastructural facilities, are some of the factors contributing to this competitiveness. Mr J Jegathesan,
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    • Article
      Lock icon Rise in orders for US machine tools
      180 3 NYT ORDERS for US machine tools, one of the key barometers of capital spending by American business, rose 34.8 per cent last month from May. The National Machine Tool Builders Association reported that despite signs of renewed activity, last month's orders worth U*****.2
      NYT  -  180 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      699 7 ARRIVALS Service Local Operator Number Tine From S1A SQ201 1000 HLP CAL CB14 1006 HLP CPA CX710 1006 HLP GIA GAffiO 1030 HLP SIA SQ103 1045 KUL GIA GA906 1045 MES MAS MH605 1046 KUL PAL PR501 1055 MNL SIA SQ191 1106 PEN MAS MH682 1115 KCH
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    • Article
      Good outlook for economy of Australia
      368 7 AUSTRALIA'S economy should continue to expand strongly in fiscal year *****2. increasing to 4.8 per cent from 3.8 per cent from the year before and rising further to between 4.5 and 5 per cent in fiscal 1982-83. This prediction was made by the Bank
      368 words
    • Article
      Lock icon Marcos outlines new economic plan
      165 7 AFP PRESIDENT Marcos of the Philippines yesterday outlined a new economic and development plan which will concentrate on reducing oil imports to 50 per cent by 1985 and increasing agricultural and industrial productivity. Addressing the opening of the National Assembly's fourth regular session in Manila,
      AFP  -  165 words
    • Article
      Lock icon Umno, MIC and MCA squabble over seat
      298 7 AFP THE YOUTH «tag af Uma* la the Federal Territory kw asked Its sister ewpeaeat parties, the Malayalaa CUaese A—setotlsn (MCA) aad Ike Malaysia* ladlaa Caagress (MIC), art to elamMr far Ike Dams— sra pariiameatary seat Thaagk eaaeediag that the prerogative af who
      AFP  -  298 words
    • Article
      Lock icon Indira given special powers to ban strikes
      457 7 Reuter PRIME Minister Indira Gandhi's government yesterday assumed wide-rang-ing special powers to ban strikes in essential services and this drew immediate angry reaction from opposition parties. The new powers, promulgated in an ordinance by President Sanjiva Reddy, are the strongest since strikes were
      Reuter  -  457 words
    • WORLD IN BRIEF
      • Article
        Lock icon TRADING IN DRUGS
        441 7 Agencies TRADING in drugs is becoming as much a part of life on Wall Street as trading in stocks and bonds. A three week investigation by the US Drugs Abuse Agency revealed that sales of marijuana, cocaine, heroin and amphetamines are nourishing amid the street's skyscrapers which
        Agencies  -  441 words
    • Article
      Lock icon Japanese uncertain of defence outlay
      146 7 UPI JAPANESE Defence Agency Jojl Omura said in Tokyo yesterday there Is ao guarantee the government of Prime Minister Zenko Suzuki will increase next year's defence outlays by 7.5 per cent as promised. Mr Suzuki had agreed to the increase in an attempt to assure
      UPI  -  146 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      438 3 Profit by investing in PERTH Beautiful Wsstern Australia o cr n V. m U i ■-> I* Hi 0 St Karoo utes trom Do to Pe h This is an excellent opportunity for you to invest in booming Western Australia where prime property is currently showing capital appreciation of 20—
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  • RAW MATERIALS
    • Article
      MRELB reports on export figures
      611 4 CHINA overtook the Soviet Union and West Germany to become the second largest direct importer of Malaysian rubber in 1979. With the implementation of its modernisation policy, China's level of rubber purchases from Malaysia rose 15.5 per cent to 110,300 tonnes or 7 per cent
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    • Article
      RUBBER
      198 4 THE Singapore rubber market yesterday closed sharply higher with August One RSS buyers quoted at 224.50 cents per kilo, up eight cents from last Friday's close. The morning market firmed 6.50 cents on Friday's firmer London advices and higher after hours levels here and fresh buying demand. Levels advanced
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    • Article
      Lock icon Estimate too high
      184 4 Reuter AN international rubber study group estimate of world natural rubber demand in 1981 of 3.88 million tonnes is likely to be too high. Independent analyst Landell Mills Commodities Studies Limited said that this was partly because of developments in Eastern Europe. Its latest monthly buletin said
      Reuter  -  184 words
    • Article
      RAS PRICES
      561 4 RAS prices In rents per kilo yesterday Noon (per kilo) Buyers Sellers Int 1 R S S prompi f o b 210 SO 211 SON Int. 1 RS.S. August 220 50 221.50 Int. 1 R.S S September 233 50 234 00 Int. 2 R.S.S. 205 00 206 OON
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    • Article
      Produce exchange
      173 4 CHINESE Pradaee Exekaage, Slagapere, cMag price» per IN kg yesterday. Cmmil ail: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers. Cepra: Mixed (loose) $72.75 buyers. Pepper: Muntok white pepper fob Asta NLW $375.00 sellers, Sarawak white pepper faq
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    • Article
      TEXTILES
      199 4 YARN and cotton prices were quoted as follows in Hongkong on Friday. Yesterday's prices were not available: (In HK dollars, spot ex-go-down) Cattaa yara: China Blue Phoenix 20s 2.355; 32s 2.860, 40s 3,015 (per bale of 400 lbs). Pteee feeds: China Butterfly and Globe brand unq; Dragon Head unq;
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    • Article
      RICE
      327 4 SINGAPORE: Yesterday's closing prices in SI per kik>, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.38, 100 per cent aecood 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-super 0.80, Special
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    • Article
      LONDON MARKETS
      543 4 COFFEE: Robusta coffee futures ended yesterday morning above the lows but well down on Friday's dose, maintaining declines based on New York's pre-weekend levels in the absence of any new frost reports from Brazil, traders said. Traders said prices in the September contract fluctuated in a range of
      543 words
    • Article
      PALM OIL
      134 4 THE Kuala Lumpur market yesterday closed mixed on lack of buying in fairly quiet trading, dealers said. July in the central region dropped MJ2.50 to $965 per tonne in while August in the south also fell J2.50 to $962.50. September in the south was traded unchanged at $915
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    • Article
      Straits Tin
      38 4 THE STRAITS tin price in Penang yesterday closed at M$33.K a Idle, unchanged frsm last Saturday's closing. Ilia was a new high since last November, dealers said. Tsrnever was higher to 255 tonnes, ap 52 tonnes.
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    • Article
      CLOSING PRICES
      32 4 Rubber: July 27 Singapore: Aug: 224.50 cents (up 8.00 centa) Malayaia: Aug: 246.00 centa (up 8.50 centa) Tin: M 533.06 per kilo (unchanged) Official offering: 255 tonnea (up 52 tonnea)
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    • Article
      Lock icon Thailand cuts tin royalties
      214 4 Reuter THE Thai government has reduced royalties on tin mineral in a move to help tin miners lower production costs, Chirayu Issarangkoon, Deputy Industry Minister, said. The new scale of royalties, on an average about 10 per cent below the previous level, took effect last week.
      Reuter  -  214 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      171 4 Iltffcl 5 1 in iffi h P.Hi m i Hi oii, jj, 3523 u»~ :i fill iK: i •VT^C.W Mttoop s^ss -y~* >S&a6», SWSWSJ '<%• <*#* The Super Round One cuts aircon running costs dramatically. By 33%! When you install the Carrier Super Round One central airconditioning system in your
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      Page 4 Advertisements Column 2
      97 4 ANTWERP JOHANNESBURG HONGKONG PRESIDEX SINGAPORE LOS ANGELES STOCKHOLM I THE PRESIDIUM DIAMOND EXCHANGE I SINGAPORE 10th Floor, Wellington Building, 20 Bideford Road Singapore 0922. Tat *****86/7 Telex: ***** HONG KONG: 16th Floor, Laa Hing Buflding 54-58 Des Voeux Road Central, Hong Kou Tel: 5-*****8 Telex: ***** Intfi notional D#oW Mofktt
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  • TRADE AND INDUSTRY
    • Article
      Research and development
      416 5 SINGAPORE needs to reexamine its management methods and learn new styles if it expects to produce and maintain a high level of research and development (R ft D). The call was made by the Minister of State for Education, Dr Tay Eng Soon, in a keynote address
      416 words
    • Article
      Major obstacle to good team work
      345 5 THE "British hang-over" is a major deterrent to the development of good labour-management team work in Singapore. Mr Devan Nair, president of the National Trades Union Congress, said it creates the lack of a strong sense of belonging of manager and workers to each
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    • Article
      High labour productivity
      210 5 LABOUR productivity in Singapore grew at 5 per cent last year, the highest growth rate ever achieved since the world economic recession in 1974. The rate is almost twice the 2.6 per cent for 1979. It accounted for almost half of the overall gross domestic product of
      210 words
    • Article
      METAL SCAFFOLDS MISSION
      121 5 WITH the days of bamboo scaffolding numbered by next year, a team has been sent to study the use of metal scaffolds in Japan. The 19-member study mission comprises representatives from the Ministry of Labour, the Singapore Contractors Association, the Housing and Development Board, the Vocational and
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    • Article
      Industrial pact between Asean and Canada soon
      485 5  -  By SALMA KHALIK BY THE end o( this year, Asean and Canada will be working within the framework of an industrial, technical and commercial agreement. It marks another step in the growing cooperation between the two, which began about four to five years
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      262 5 2 BIG INTERNATIONAL TRADE FAIRS (at Jakarta) Participants Invited In order to contribute to the rapid development in ASEAN countries, International Business (I.B.) Center Co., Ltd., supported by Department of Trade and Cooperative of Indonesia, will be holding on a grand scale the following "2 Big International Trade Fairs" at
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      Page 5 Advertisements Column 2
      339 5 ry* v > *v; *r v to. *o. i an r <. a* **<> r Vf, V* >*. V>\' V rA i*. t V\ i- 1 K V 1 ■:vmV > A V sp r\ -rf f" i y >»wT < t 7 li/'A t Vk rt X ad W
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  • Article
    Behind the fall in share prices
    782 6 THE EASE with which the stock market index dropped yesterday below what we considered to be its most likely support level (that was 796 as measured by the Straits Times Industrial Index) is unpalatable food for thought. One should have scant pity for those
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  • Article
    Lack of strong enforcement
    1113 6  -  Letters to the Editor PUBLIC ACCOUNTANT The tallowing is addressed to the Stock Exduuige of Singapore) Doran, I note with distress and concern on the absence of strict compliance of the rales and regulations regarding sale, delivery of scrip and payments. The lack of strong enforcement
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  • Article
    Lock icon SAME STRATEGIC PATTERNS
    822 6  -  By ROBERT METZ NYT WALL STREET sources acknowledge that the battle (or Conoco Inc is a replay of strategic patterns developed by McDermott Inc in two prior offers its successful fight for the Babcock A Wilcox Co in the summer of 1977 and the contest over Pullman
    NYT  -  822 words
  • Article
    THE SYNDICATES
    849 6  -  Stock market speculation is not for the faint-hearted, but even hardened investors have been shocked by the financial carnage of the past week or so. Some Business Times readers believe there has been some flouting of the rules. They clearly have severe doubts about whether the authorities have
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  • Article
    Our safe haven image at stake
    237 6  -  BEWILDERED Dear Sk, The Sfagipere Gtvectmelt Is very keea to devetop Sbgapere late u litwtlwil Ihnrill Mi Mmm eeatre. Reeeatiy, there have heea reperts sf elferts to eacNrage fsrelgi e«mpuie« to list their shares ea the leeal market. The SEB to upM*ei to easare
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  • Article
    Aid for Air Lanka
    283 6  -  A B IBRAHIM PlUe Bnlstlw Mmmi Sagapwe Airlines D®** I refer to the front page report in your issue of July 21, 1981, declaring that Singapore Airlines' "management contract" with Air Lanka had been extended for another year. Permit me to use your columns to explain
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      624 6 -11-ONE CROSSWOKD 1 Feel Just little? (5) 6 A bit of a fight (5) 9 Not left uncorrected (7) 10 Some fellow in a pit (cockpit, that is) (5) 11 Fight to defend one's property? (5) 12 Hesitate and turn red about some muddle (5) 13 Nearly pointless pointers (T)
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      12 6 (So ei££ANT,TbO mmm F*o Llfc£Tur uiPNf TMC LITTLE. SR»j 1S MPvsOL£_ ssie®
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    • Miscellaneous
      Page 6 Miscellaneous Column 3
      451 6 TAim A foreign spy submarine? lACK LORD •■d eMtrikate tm tfc* < g a 3TJI i (eh i, U JK) f M. 5 ly A tehUBM TdM Mi vtottaitae. Btklai wmM tt> flamt Hat- fana la Italy wttfc Strailvarl )ut Mi On—l Lilly wi the *rtme —hal glut at Uk
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    • Miscellaneous
      Page 6 Miscellaneous Column 4
      169 6 Side t.M Today's Diary followed by Prog Summary and Songs For Children t.St Potluck 1.45 Science Report It.•• Music While You Work 11.M News-In-Brief 11JS Oldies But Goodies 11JI The Best Of Steptoe A Son 12.M Light Music At Noon 12.Si Lunch Date l.St News followed by Share Market Report
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      183 7 HOW FAR CAN YOU TAKE THELADY ON A FULL TANK? > n s. v. f m L V CITROEN* CfTROENCX ATHENA. The highest fuel conservationist in luxury sedans. 13.59km/l THAT'S WHAT IT'S ALL ABOUT. You'd never imagine a luxury sedan to go that tar on the litre. It beats every
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  • INTERNATIONAL STOCKS
    • Article
      Du Pont achieves earnings jump
      391 8 DU PONT, the leading US chemicals company bidding to take over Conoco, has turned in a strong second quarter performance with earnings increasing by 51 per cent, from US$l74 million to $262 million. The big earnings increase in the quarter from $1.10 to $1.67 at
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    • Article
      Lock icon BHP profits up 24 per cent
      266 8 Reuter HIGHER crude oil revenue and the inclusion of full year results from John Lysaght (Australia) Ltd for the first time boosted the Broken Hill Pty Ltd's 1980 81 profits. But these factors were partially offset by poor results from the steel division and
      Reuter  -  266 words
    • Article
      NOT TOO ROSY OUTLOOK FOR ALCAN
      130 8 ALCAN Aluminium said the outlook for company results la the second half of IMI «does not appear encouraging". Per share earnings for the seeoad quarter declined to I S$l.W from $1.79 last year, while first half act fell U $2.1# from S3.U. Aiean said
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    • Article
      Sharp quarter rise
      451 8 THE EXXON CORP, the world's largest industrial company, earned US$l.B3 billion, or $2.11 a share, overall in the second quarter, up 77 per cent from the $1.03 billion, or $1.18 a share, reported for the comparable period a year earlier. But operating profits fell 13 per cent.
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      639 8 Page 11 for Asian stocks The American Express Card serves you well, wherever good food is served". J f\ W* vWi u 3tv SUV The discovery m the discovery of a NUTMEGS mur j»* RESTAURANT Business Breakfast- 7.30 am -11 am Lunch 2 noon 2JO pm Dmnec 7 pm 1
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      Page 8 Advertisements Column 2
      157 8 The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear Specious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome! 'I Oxley Rise/Penang Road. Singapore 0923 Tel: *****11 (20 lines} 1—• 1 r
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  • BANKING AND FINANCE
    • Article
      Arab Fund to double capital
      318 9 THE ARAB Monetary Fund (AMF) expects to double its capital in the next six months to about US$9OO million. AMF officials said that in the next two to three weeks the amount of loans the AMF has committed is expected to reach half its resources,
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    • Article
      Approval from UAE
      124 9 THE UNfTED Arab Emirates' (UAE) central bank expects to grant licences for representative offices to two foreign banks within the next two to three weeks and up to four licences within the next few months. Its governor Abdul Malik Al-Hamar said the banks may come from Germany,
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    • Article, Illustration
      ATMs at Tat Lee
      276 9 TAT LEE BANK becomes the eighth financial institution here to introduce the latest rave in computer banking automated teller machines (ATM). Its first ATM, located in its oldest branch at People's Park, has already begun operations. With this machine, the bank's depositors can now withdraw up
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    • Article
      DEFERRED LOANS
      68 9 SWITZERLAND mad Paiud have m agreement rescheduling K million fraacs of Swiss government leans to Pstaad eavered by Its expert risk gaaraatee The Eeeaamles Ministry said the aeeerd allows Poland to defer payment sf M per eeat sf the principal aad Interest dae en the laaas between May
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    • Article
      Lock icon Manila wants another US$100m loan
      312 9 Reuter THE CENTRAL Bank of the Philippines, which has arranged two loans amounting to US$9OO million so far this month, has authorised Bankers Trust of New York to raise another $100 million. Central Bank governor Jaime Laya said the terms offered by Bankers Trust. 3
      Reuter  -  312 words
    • Article
      On-the-job course on insurance
      353 9  -  By LEE YOKE MENG SINGAPORE'S life insurance agents will soon be the first in Asia to undergo an on-the-job course on insurance sales. The Life Underwriters Association Training Course (LUATC) was launched yesterday, with much support and encouragement from Insurance Commissioner Law Song Keng. Some 40
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    • Article
      Lock icon New savings bonds
      557 9 Reuter TREASURY Department officials hope to receive approval this autumn for a new US savings bond offering a variable interest rate. The new savings bonds would continue to be sold at a discount in denominations as low as US$5O to attract small savers, said Mr Steve Mead,
      Reuter  -  557 words
  • MONEY AND EXCHANGES
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.37{S per cent.
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    • Article
      ASIAN $ RATES
      186 9 ASIAN RATES ASIAN currency deposit interbank rates as $t close on July 27. US D*ll*r»<S»o4) Offer 8x1 7 days 1 month 2 months 3 months 6 months 0 months 12 months 19 18* 19*i 19* 1811/*****/18 18* 18* 18* 18* 179/18 17 7/18 17 7/18 17 V18 SvJn. (Middle Dm.
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    • Article
      Discount
      45 9 RANGE of prices offered by discount houses on July 27: Overnight: 5% to<V.% Call deports: to CV«% Closing Baying Sailing 3-month Treasury bills 8* 8H 3-month Bank bUU 13** 13* 3 months CD 12« 12* 6 months CD 12% 12* Source: National Discount Co
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    • Article
      Frankfurt
      37 9 FRANKFURT exchanges opening quotes on July 27: US 2.4170/85 Stg 4.530/540 Can —1.9888/910 D F1 89.78/89 S Fr -115.70/87 Lit 2.007/10 F Fr 41.96/42.03 NKr 39.46/51 B Fr (con) 6.105/115 B Fr (fin) 5.764/774 Yen -1.0337/51
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      Singapore market
      458 9 THE US dollar opened lower against most currencies due to the more than expected US$l.5 billion fall in US money supply. Afternoon trading, however, saw the US dollar recovering against most major currencies. The US dollar was first traded at 2.1540 against the local dollar with ACU interest
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    • Article
      GOLD
      210 9 SINGAPORE gold futures yesterday closed generally firmer compared with last Friday's close in quiet trading, dealers said. Total sales for the day was recorded at 23 lots while kerb volume at nine lots. Prompt closed higher at US$4ll.OO/412.50 an ounce against 406.50/410.50 on Friday, August at 411.50/413.50 against 410.00/60
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    • Article
      Silver quotes
      37 9 New York 8.45B 8»B 8.65S 8.75S Zurich 8 50B 8 55B 8.75S 8.75S Mm PM Singapore 8 52B 8 508 8.72S 8.70S Closing pric« l in US doUars a troy ounc* Source: Credit Suisse, S'pore.
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    • Article
      HONGKONG
      220 9 THE US dollar yesterday showed net gains on the day but European selling drove it off its highs touched around mid-session, dealers said. The dollar had moved slightly easier at the outset, extending losses suffered in New York on Friday on news of an unexpectedly large fall in the
      220 words
    • Article
      TOKYO
      120 9 THE US dollar for overnight delivery yesterday closed firmer at 233.95 yen compared with a 233.30 opening here, a 233.50/234.00 closing in New York and 233.50/80 on the West Coast on Friday, dealers said. But it was weaker than a 235.05 closing here on Friday. Trading was active and
      120 words
    • Article
      London
      77 9 THE dollar yesterday rallied from its lows in early trading here, but still remained well below the levels prevailing at the close on Friday before the latest decline in the US money supply was known, dealers said. Opening quotes yesterday US 1.8772/82 Can 2 2806 25 Cross 1.2151/54 DMk-
      77 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1833 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (3.488) (1)
    1,833 words
  • Article
    Unit trusts
    184 10 m 11 1 II r'.j '--V H (Minim' pttow tar JM M) The Commerce A3B 156 The Savings Fund LSS AOS S pat* Prof Find 151 1JS S parc Sec Fond 130 2.42 S-por* Invert Fund lLZllTxd at S'pore Equity Fund I D 1 JO (Mi i lain'
    184 words
  • Article
    SHARE INFORMATION SERVICE
    2759 10 Gr*s Gr*s Net 1881 Last Div Div Y'ld P/E Vol Day Hi«k Low Company Sale or- Cvr (•OOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 404 320 Acma 350 unch 14.5 32 4.1 115 5 354 350 Alcom 300 10.0 2.0 33 2SS 350 130 Allied Choc 270
    2,759 words
  • Article
    In Kuala Lumpur
    1775 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. MDunviaLS Almmi (3.008 3.105) (4) 3 00 (4) 110 A Chae (3.006)
    1,775 words
  • Article
    COMPANY MEETINGS
    146 10 SINGAPORE GLASS (lfH) limited: AGM to be held at Spring Room, 8th Floor, South Wing, Mandarin Hotel, 333 Orchard Road, Singapore 0923 on July 28 at 12J0 pm BUUT Sembawaag Estetea Limited: AGM to be held at 19th Floor, OCBC Centre, Chulia Street, Singapore on July 31 at
    146 words
  • Article
    Index falls below 800 points
    760 10 THE BTOCK market remataed vMtk yesterday despite news Hat the HqaMity altaatlea la Malajrta had eased. Oversight laterhaak rates there have drepped te betweea li aad f per eeat eempared with M per eeat a week age aad 11-13 per eeat three weeks hack. Term
    760 words
  • Article
    Kuala Lumpur slightly down
    532 10 SHARE prices closed slightly lower in moderate trading after a barely steady start at the Kuala Lumpur stock market yesterday. Some early morning buying interest, though providing resistance to profittakers following last week's heavy selling, was not well supported towards the last half hour of trading.
    532 words
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  • COMPANY NEWS
    • Article
      Danmotors to begin output soon
      584 11 THE EAST Asiatic Company's joint venture with Permodalan Nasional and Med-Bumikar Mara to assemble Kawasaki motorcycles is expected to start production later this year. The joint venture, called Danmotors Malaysia, will make use of EAC's Vespa plant in Pet&ling Jaya. It started operating only in
      584 words
    • Article
      Matsushita may phase out B and W TV line
      357 11 MATBUSHITA Electric Company (Malaysia) is considering phasing Ml its Mack and white television production line. This is becaaae sf the switch in consumer demand to colour sets which resulted in a difficult year far the Mack aad white dlvistoa. However, the
      357 words
    • Article, Illustration
      TURNAROUND EXPECTED AT BUKIT SEMBAWANG
      534 11  -  By HSUNG BEE HWA BUKIT Sembawang Estates Ltd, the company which turned in a dismal 14.28 million in pre-tax profits in the last financial year, may see an improvement in its fortunes in the next few years. For the year ending March 31, 1981, group
      534 words
  • ASIAN STOCKS
    • Article
      Shares lose ground
      294 11 HONGKONG THE market closed lower yesterday again as leaders came under heavy selling in the afternoon, turning a slight rise at the end of the morning into a drop of 23.75 to a 1,664.81 close on the Hang Seng index, dealers said. They said they thought investors
      294 words
    • Article
      Sydney
      191 11 RUMOURS of a hydrocarbon find in the Canning Basin and a positive re-appraisal of BHP results, announced on Friday, helped fuel a rally in share prices, dealers said. Vamgas and Petroleum Securities led the advance, each rising $110 to 113.50 and $7 respectively. The new-look Renison Goldfields group ended
      191 words
    • Article
      Tokyo
      463 11 SHARE prices yesterday rose on selective buying of blue chips in anticipation of foreign investors' return following the yen's recovery against the US dollar, but trading was slow for end-month reasons. The market average gained 22.04 to 7,816.76 on volume 160 million shares. The Tokyo Stock Exchange index added
      463 words
    • Article
      Bangkok
      48 11 SELLING pressure yesterday brought stock prices generally lower at the close in slow trading. JULY n AM ntn BtfSKU. Barll Juckar nm n —t dm (In MlU M uneh ISO -1 MJO -U IN gadi MJO -OS If .1 1* 1 onch United no* Mill Ui mrk
      48 words
    • Article
      Manila
      77 11 JULY «I Aca* Mininc am *tam AUaa Owl A AUaa COB. a M -1J Bagnio OoM mm unch BtnratCttL B B -6 BT Ooodrtch 10 unch CDCP S-M unch LmM Laputo u +*am UtriodofM B unch Ortantal A Oriental B Phil o»«fiiM am 4HH Ptllin A nila B MB
      77 words
    • Article
      Selected indices
      32 11 H.K.HANG SENG Monday 1604.81 Friday 1688 56 Week Ago 1777 92 AUSTRALIAN INDUSTRIALS Monday unav Friday 709 6 Week Ago 727.6 ALL ORDINARIES Monday unav Friday 6402 Week Ago 666.7
      32 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      55 11 Somebody called us busybodies the other day, and he isn't wrong. Our interest are so wide-ranging m o. 9 TlHj [Q 15 ,r; H ♦< Lfl'il'' 1 r*C TO** 'O* SOUTH CAST ASIA STTHL(S.EAJPTE LTD Unit 1003, 10th Floor, Tan Boon Liat Building, Outram Road, Singapore 0316 Tel: *****47 (3
      55 words
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      Page 11 Advertisements Column 2
      613 11 Y B Dr Goh Cheng Taik Deputy Minister of Tronsport Moloysio He holds o Ph D m PolitKol Science from Leiden University Prior to 1974 He woi o lecture* in History Internotionol Relotions with the University of Moloyo In 1974, he become Porliomentory Secretory to the Prime Minister From 1976
      613 words
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  • Article
    Berjaya Kawat's pre-tax profit slashed by half
    298 12 BERJAYA Kawat Berhad has suffered a 50 per cent fall in pre-tax profit to M 52.64 million for the year ended April 30, 1961, according to preliminary figures released yesterday. The poorer performance had been forewarned by the company in its interim statement,
    298 words
  • Chief Price Changes
    • Article
      SINGAPORE
      139 12 Rises Soalioa U O B Nat Iron 880 585 570 20 20 15 Falls T<m« Meag H Lcoif Credit PMC Bata Kawaa G Ctraakt Hoif Lmi| lad S P Textile Paraiaouat Car la barf Spore Laad Barjuatai Sya Raaiaa Pafi Mala P M Hldga Dmalop lad G I HM|a
      139 words
    • Article, Illustration
      KUALA LUMPUR
      150 12 Rises Dunlop lad 800 +100 U 0 Bank 625 +25 Falls HL Credit 1400 -100 KLInd 580 -90 G Ceramics 640 -60 Dutch Baby 300 -50 P M Hold 555 -50 Raleigh 560 -50 C Prop 580 -50 nu.rtl, rerns MO -50 HLInd 1830 -50 Parmmount 635 -40
      150 words
  • Article
    Pan Malayan Holdings sets up securities subsidiary
    255 12 PAN Malayan Holdings, which is 55.6 per cent owned by Tat Lee Bank, has recently incorporated a fully-owned subsidiary. The subsidiary, Pan Malayan Securities, was set up with an authorised capital of $10 million and a paid-up capital of $2 million. Its main
    255 words
  • Article
    MUI ready to see Glen in court
    587 12  -  Companies Editor: Mano Sabnani By CHOO AI LENG MALAYAN United Industries (MUI) is prepared to challenge Glen Holdings in court on a contention that it has breached two clauses in its agreement to buy the majority stakes in Hotel Malaysia (HM) and Ming
    587 words
  • Article
    KL Industries improves
    329 12 KUALA Lumpur Industries Bhd (KLI) has considerably Improved its performance for the year ended Oct 30, 1980, with group pre-tax profit increasing to M 52.00 million against only $418,000 previously. The company's preliminary results, which were delayed pending Bank Negara's approval of the accounts of its subsidiary,
    329 words
  • Article
    Directors for S Resins
    243 12 PEGI Malaysia has appointed four directors to the board 61 Synthetic Resins. A major stake In the latter was recently acquired by Pegi, which is now making an offer to take up all the remaining 6.698 million shares in Synthetic Resins that it does not already
    243 words
  • Article
    Gilani Jute and Textiles
    100 12 SELDOM-HEARD Gilani Jute and Textile Mills (M) Bhd yesterday announced a significant change in its shareholding structure. Mr Carl Chow Yoon Loong has purchased 510,000 shares, equivalent to 10.20 per cent of Gilani's issued capital and Mr Francis Chia Mong Tet has bought 764,857 shares, equivalent
    100 words
  • Article
    COMPANY BRIEFS
    88 12 UNITED Overset* Baak announced that as at the end of the second quarter of 1961, 19.66 per cent of the issued ordinary share capital of the company, including 5.31 million ordinary shares to be issued upon the full conversion of the company's per cent Convertible Bonds 1968 was
    88 words
  • Article
    LONDON STOCKS
    814 12 LONDON, Mon. The market closed higher today with sentiment helped by the fall in US money supply which is expected to relieve the upward pressure on interest rates. At 3pm, the Financial Times index was up seven points at 527.2. Government bonds showed net rises ranging to vfc
    814 words
  • Article
    Lock icon DOW JONES HIGHER
    101 12 AP NEW YORK, Moo. The stock market rose sharply this morning amid a revival of investors' hopes for lower US interest rates. The Dow Jones average of 30 industrials climbed 6.M points to 943.68 in the first hour. Gainers outnumbered loaers by 3 to 1. The spark
    AP  -  101 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      118 12 i < K v y* i Vr ,v\ .>o «>V; manic your Organisation tide... Analyse your sales with (IPS Yes, CPS, using advanced computing techniques can assist you to analyse your sales •by industry this year against last year gross profit margin by customers and product groups targets for the
      118 words
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      Page 12 Advertisements Column 2
      104 12 B/ery business trip to Europe deserves a Wonderful Copenhagen When you fly all the way to Europe, give yourself a break—before you start to work. Relax with the fun-loving Danes. Join them on the longest shopping street in Europe. Dine in cozy, candlelit restaurants. Sightsee the capital of an 800-year-old
      104 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      57 12 Outlook for Singapore from 6am to lpm today: Generally fair. Report far 24 tears prlar ta U pm aa July 27 at the airpart Maximum temperature 31.0 Associated humidity 71 Minimum temperature 25.7 Associated humidity 87 Hours of sunshine 5.25 Rainfall in millimetres Nil Total rainfall for the month 150.8
      57 words
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  • SHIPPING TIMES
    • Article
      Seven ports for regular calls by Indian companies
      391 13 AN Indian government committee on intermediate ports has specified seven ports for regular calls by all Indian liner shipping companies, according to shipping sources. This has been done to boost exports from these ports. The seven ports are Madras, Tuticorin, Kakinada on
      391 words
    • Article
      Pelni's plans for bigger share in coastal trade
      544 13  -  By JUNE LIM PELNI Lines has engaged the services of a Singapore-based ocean transport consultants, Jones, Bardelmeier and Company (JBC), as part of its efforts to increase its share of Indonesia's coastal trade. The Indonesian stateowned line hopes to improve its share
      544 words
    • PORTSIDES
      • Article
        FEFC reduces charges
        132 13 THE Far Eastern Freight Conference (FEFC) has reduced heavy lift and long length charges by 7.5 per cent, effective yesterday. The reduction was due to the present difficult commercial climate, particularly for the machinery trade, which incurs many of the heavy lift and long length charges, said
        132 words
      • Article
        New MISC agents
        100 13 MALAYSIAN International Shipping Corporation Berhad (MISC) hsa appointed Brown, Jenkinson Company Ltd as its new general agents for in the United Kingdom and Eire. The appointment will take effect from October 1 and the present agency agreement between MISC and its present agents, Lambert Brothers Ship Agencies
        100 words
      • Article
        Lock icon Tanker spill stopped
        109 13 AFP THE Liberian supertanker Afran Zenith, which ran aground on Sunday while entering the port of Hamburg, is anchored in the port zone and, while the 12-metre long hole in its hull had not yet been plugged, the leakage of oil was stopped. The amount of oil
        AFP  -  109 words
    • Article
      INDEX TO ADVERTISERS
      651 13 Shipping Uh Page C4 SfclppiagLlae Page C«l Achipelego Afea Afro-Eurasia All trans Alpac Angkutan Angonave ANL Antoll APL Argentine ASCL Asia Merchant Austasia Line Australian Coot Bait-Orient BalticBangkok Cont Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Benbulk Bintulu Birkart Blue Funnel Blue Star Burmese
      651 words
    • Article
      SHIPS IN PORT
      313 14 ARRIVALS KEPPEL WHARVES Fortune Victory (1300) 29 30 Kim Soon Li (after Builder ID) 22 Opatija (after Dong Won) 18 Palm Sea Horse (Tanker) (after Nikolay Semashko, P/O) 15/16 Selamat Da tang (0700) 28 Taronga (after SA Alphen) 47 Tutoog (1300) 23 Well Rainbow (1300 after Blue
      313 words
    • Article
      Container Schedules
      1049 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy Estimated No. Time of Arrival Date Time Shipping Lines Gdn Mode of Operatn Bunga Teratal 258B 26.7.81 1200 Sun Diamond 14SB 26.7.81 2000 Alderbran 1/81 26.7.81 1500 TW Bridge 6E 27.7.81 2000 Axel Maersk
      1,049 words
    • Article
      LONDON FREIGHTS
      1469 14 THE FREIGHT market was featured on Friday by the reported signing of a contract of affreightment for the shipment of 500,000 long tons of iron ore from Lower Buchanan to the US Northern Range option Quebec at a rate of US$6.5O per ton. Shipments will be in quantities
      1,469 words
    • Article, Illustration
      Small companies, higher losses
      209 15 A SINGLE shipowner is five times more likely to lose a vessel than an established owner with 20 or more ships. This conclusion was arrived at by Mr Alan A Howell of Aalborg Marine, an independent London firm of specialist super surveyors and presented to a
      209 words
    • Article
      Lock icon Hellenic yard's labour relations record
      1282 15 FT IT HELPS, when running a shipyard, if the founder and owner is Stavros Niarchos. Whenever there is a slack period, out goes a distress call, and an anxious watch on the horizon is soon rewarded with the welcome sight of a Niarchos tanker steaming
      FT  -  1,282 words
    • Article
      Lykes to start landbridge service
      149 15 LYKES Bros Steamship Co will begin a Landbridge service to Europe via the US on July 30. Cargo from Japan to Long Beach on the US west roast will be containerised and shipped on the firm's fleet of roll-on roll-off vessels. It will then be
      149 words
    • Article, Illustration
      PEOPLE IN SHIPPING
      126 20 KIM Shipping and Trading Fte Ltd recently announced the appointments of Mr Willi 0»g Cheag Hww and Mr Colin Ang Cheag flMg to the board of directors. Mr Ong was previously the operations manager of the company and has been with the company for over thirteen years.
      126 words
    • Article
      SHIPPING LIST where your ships are due...and when
      926 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. PN/PK
      926 words
    • Article
      Lock icon New regulations for conferences
      506 20 Lloyd's List CLOSED conferences will not be endangered by efforts to apply the Treaty of Rome's competition rules to sea transport, a senior commission official has reaffirmed. He felt sure the regulation would eventually receive the approval of the Council of Ministers. Under the new draft
      Lloyd's List  -  506 words
    • Article
      More US cargo sales to S. Africa
      382 20 BEEFING up its sailings from the US East Coast to South Africa from 36 to more than 60 a year, and having to charter additional carriers to lift the snowballing volume of containers flowing to southern Africa, the United States is now responsible
      382 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      495 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. See Page V 40> \RIM\I AMAH OSEALORDU Orient Overseas Co*iic4*ieA Line FULLY COWTMOUSED SERVICE TO EUROPE (VU SUEZ) cmim nut 27* okhtal chef x* |29/8 Calling fttemtftuwn
      495 words
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      Page 13 Advertisements Column 2
      37 13 EM m. CONTAINER Schedules SHIPS In Port LONDON Freights PEOPLE In Shipping REGIONAL Weather Mania p usan Aug 13 Aug 20 Aug ?9 Sep 3 Sep 10 Sep 17 Sea 9 i Land Terminal *****53/*****37 Houston Vancouver
      37 words
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      Page 13 Advertisements Column 3
      355 13 &0 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA A CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 ★L MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Feeder Vessel Kelang Penang Singapore iLongbear T1
      355 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      898 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 0409, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** k CONTAINER SERVICE Centavtar Struct To Eiwpe Feeder f Reta* Vessel Sport 1) 3) H'tmrj Gbur| 11/8 20/8 JUTLANHA 25/8 27/8 IPERMM 1/9 3/9
      898 words
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      Page 14 Advertisements Column 2
      219 14 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA KXTMMLI "BARBER TOBA" A* 2. "BARBER T$U" A* 5. "BARBER NARA" tai 17, 'tAMER TO: PANAMA US ATLANTIC EAST CANADA US GULF TO: CALIFORNIA VENEZUELA EXPRESS CONTAINER SERVICE lir-r —■CTT^rT! 2/1 ra 1/1 tm a/l ia ji/7 mm 17/1 fa M/l
      219 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      710 15 OCL Overseas Containers Limited CONTAINtRSHIP SERVICE TO UK/CONTINENT 19/9 21/1 14/9 19/9 25/9 29/7 27/1 a/i •1/9 93/9 95/9 90/9 19/9 12/J 17/9 19/9 29/9 21/9 3/19 95/19 CONTAINfRSHIP SERVICE FROM UK CONTINENT Sl*B LaHawa lU. 24/9 17/9 22/9 23/9 39/9 23/9 91/9 92/9 9C/9 39/9 U/9 12/9 19/9 99/9
      710 words
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      Page 15 Advertisements Column 2
      297 15 NOTICES FAR EAST/GULF PORTS Reference is made to the notice In the Press on Friday, 12th June, 1981. The member Lines of the above Conferences have reported a marked improvement in the berthing situation at Aqaba and they have decided to withdraw the congestion surcharge of 15 percent with effect
      297 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      627 16 Hapag-Lloyd TO NORTH EUROPE "Msc accepting transhipment cargo tot CARIBBEAN WEST MKS ua Hamburg Spore PK Pen Bilbao Genoa Hburg B'hawn Rdam Antwerp Mosafctein 18/8 21/8 24/8 14/9 12/8 27/9 25/9 22/9 20/9 TO IBA/CJXWO* HK Lonf Oakland Seattle P Kelang Spore FROM NORTH-EUROfE HW| Mm- Mm INuwafiiSp« m rw
      627 words
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      Page 16 Advertisements Column 2
      517 16 KOREA s m CORPN P. Kelant PENANG S PORE ALTAIR 165 C 7-11 Aug 12-14 Aug 15-18 Au( FROM BUSAI BANGKOK ALTAK 166E 7-11 Aug 1214 Aug 15-18 Au TO BUSAN VEGA 162W 30- 1 Sep 2-4 Sep 5-8 Sep FROM BUSAf BANGKOK VEGA 163E 30 1 Sep 2-4 Sep
      517 words
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      Page 16 Advertisements Column 3
      550 16 EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE I ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONDON, MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS ETC WEST GERMANY BREMERHAVEN, OSLO. STOCKHOLM, GOTHENBURG. AARHUS. COPENHAGEN HOLLAND ARRTOAM S pvt HhAVI FAMIM Wwf ll HM Eva Lsc*t 2/1 11/1 22/1 24/1 S I
      550 words
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      Page 16 Advertisements Column 4
      734 16 I Everett Lines/ Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON Vpart ru tr Mi/a m 1/3 im Uh* 1 Agent* n I TIL NOS KL *****2/*****9 Com pan i« Argentina 0* Hiwucibh Intercontinental SACIf "ARGENTINE NATIONAL LINE" LOAONG FOR DURBAN MONTEVDEO BUENOS ARES S*M 'VICTORIA I
      734 words
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      Page 16 Advertisements Column 5
      398 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD m SANKYO LINE JAPAN/STRAITS SERVICE GDBUI MOT? OOJW SVffß A [WDWUU Pit 110 smuem m 22*1144/7 i *****7* LUWU m 414(44 *****1 AGENTS M MMAT9A P. KELANC LAST ASM 9VPVB TEL 3M732/3/7251 POMNS MALAVSM TUBE I TUNJPOtT IE (7193 I (3723 SKY MORS 31-31/7
      398 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      776 17 ■MMMgHj PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) Accepting LCL Cargo to Colombo Aqsba. *FCL Closing 27/7 2300 Hra. S.E~A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS 7 EAST AFRICA/REDSEA SERVICE KOTA TAMJONG Singapore P.K«4ang P«fiang Loading for: 5/10 Aug Daraasalaam Jaddah. Modatdah Port
      776 words
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      Page 17 Advertisements Column 2
      826 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE Toraran T2y*~Eiy Kaufa Mara Burned Eiprtu frarßh*l Eipmi I*l* Bay Europe Png Han B ha»*fl R dam Ctwrry Buifi 1/1 Bremen fipreis 251 27/1 21/1 Faiiriy Ac* 4/1 larp Bar 1/* 3/9 4/9 Oary Act U/l Btnanwi 10 5 12/4 13 J
      826 words
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      Page 17 Advertisements Column 3
      788 17 i 1 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE I) Bwcami (tw l«(ko» 2) InwpHl M. Canary Mm* 3) tmaiw >W>— taitn Coi AP Mate malt KxapM| carp Id I Mr Is MM UC Paaaai teh ncwt?)ifwi J>r»M on* Jr*«* hm«i taMij I t ft i (J i i I
      788 words
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      Page 17 Advertisements Column 4
      614 17 BOUSTEAD SHIPPING AGENCIES *24 BANK LINE w FOR REUNION I S. AFRICA A. VESSEL Also occepting FCL containers Spore: Aug (loading direct tor Reunion, Durbon ond Capetown only) Lukes Linos U.S. WEST COAST SERVICE OHrt trow STO ASHLEY LYKES Sd LESLELYKES 3/ ♦of S'Oe/Tac ffiC 18/9 20/9 1/11 5/11 <aH
      614 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      821 18 K LINE KAWASAKI RISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA iMtm fw*r muk n*tk rarest C»iw» *a accaptaMe tar lUM Imtmrm, Pw<M. tain. (Ma. Mm OUan TO EUROPE S pore P Aelang I Havre R dam H burg Bremen A werp C PAUL 27* to Port 29/7 10/8
      821 words
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      Page 18 Advertisements Column 2
      653 18 CALFORNA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER REEFER SERVICE loa*« tar LOS ANGELES. SAN FRANCISCO. SEATTLE. TACGMA. VANCOMQ tC Au-MN fCL/TCI ClUami P Mmi Snpport I knfms (APALLAT ISAM 1( Ml US* AUSTRALIA EXPRESS CONTAINER SERVICE Acc«*N fa/Fa UMn P UM| S pott NMb AMI Sf4 Alio tcctpfc RMS C 42-43/21
      653 words
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      Page 18 Advertisements Column 3
      517 18 W (iroup SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 114 LINESi TERMINAL OFFICE *****83 TELE* RS ***** RS ***** A B CARSHIP CABLE CARGOSHIP ip gj ltcf|ional Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK 4/5% 0/9% 11/12 10/19% it/It 25/20
      517 words
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      Page 18 Advertisements Column 4
      548 18 KORINS MARITIME SERVICES !5 Room 601. ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES STORE P. KELANG LOADING FOR: EDELWEISS.. In Port- Kuwait A VESSEL 10 Aug Iran Ports BUNGA VANDA... 30 Au( leddah/P.Sudan/Yembo A VESSEL 6 Aug P. Harcourt/Lagos LEELA 6
      548 words
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      Page 18 Advertisements Column 5
      592 18 INTRASEA (PTE) LTD Suite 2616 International P'a/a Ansor Ra Singapore 0207 Tel *****11 (10 Linesi BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE A FKUTY NBIU A. ENDEAVOUR NBII2. Saifapore Loadnf for 3 Ami ktMoh/Lhromo/lf solos/ HMtwrg/IMtorfcin/TftMry 20 Am -doFULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE ■GHT
      592 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      534 19 NEPTUNE ORIENT LINES Also accepting cargo to/from Scandinavia +K. CHANCE Spore Closing Times: FCL Cargo 0300 30/7 LCI Cargo 1500 29/7 FROM EUROPE (VIA SUEZ) MERCATOR 23E O. CHEF 2SE HK CONTAIO 26E. K. lACEJM IK C. CONTAIO 12E.. N.GAMCT6E C. PAUL 27E Havre Sailed Sailed Sailed 1/8 11/8 14/8
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      Page 19 Advertisements Column 2
      514 19 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KEIANG MALDIVE MPORTER In Port Loading For Mate MALDIVE NATION Sailed Loading for Dubai/Abu Dhabi/ Bahrain MALDIVE NEIGHBOUR 30/7 5/8 Loading for Dubai MALDIVE NOVEL 15/8 12/8 Loading For Hodeidah MALDIVE MAGE 12/8 12/8 Loading For Dubai/Kuwait/ Dam mam MALDIVE PEACE 10/8
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      Page 19 Advertisements Column 3
      835 19 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SKSOV BULDMG 55. Market Street Singapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SINSOV SINGAPORE Teiei Numbers RS ***** RS ***** RS ***** P WL ANG POMN6 M/S SHARftAT ff«M SOON SON RW IST AND 2NO FLOOR MESSRS MAI THONG SHTTMG 23
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      Page 19 Advertisements Column 4
      67 19 CAIUIIWJJ l_J M BULK TIMBER PLYWOOD SERVICES ;i: "s'li-v" Antwerp Nambuig Rudwdn TBuy AUTHORITY SHIPPING AND TRADING PTE Lio NAGATUAM AGENSt SDN BHD SIM SWEE JOO SHIPPING SDN. BHD EXPRESS TO BINTULU SMS LOME UTV (Ml 1M) I 11.7 J1 ffß LOME MTW (Ml 1M) M 14X11 tenpkr orfi I*
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      250 20 uaui iciic x~, mtv» ANTOLL LINES Independent FCI Containers Heavy Lifts Lmer Service D«ec! B Is to AKIAK HlB 6 LONG) SYMtY BKISBA* T»SM»N» SIWGIPOtt I H SHIPVIHG Pit UD 1401 5 Rotjcij house Shenton *fa» S*i(ao«e 0106 Hi RS ***** Tel *****11 B*{s *****4 3 WEST MALAYSIA H.S H
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      Page 20 Advertisements Column 2
      276 20 CT K mne kinkai 1 JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kotx S pore Per*** P. KeUng S pore Tokyo NOHSrMW 29/7 31/7 il/l 12/8 13/« 15/8 2S/8 NOUBAY n 7/1 11/» 21/8 23/« 24/8 */l 8/9 MWSIMV7 29/1 31/1 10/9 12/9 13/9 15/9 28/9 (MHL NORDMT LOADS FOt NMOYA
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      Page 20 Advertisements Column 3
      225 20 TITI SHIPPING TRADING SDN. BHD. (UNLOAD EXPRESS SERVICES TO EAST MALAYSIA AW BRUNEI I ACCEPTWG HEAVYUFT UP TO '6 TONS SERVICES TO MRI,KOTAKMABM.U< torn raws rmmt mt imitmb 7/n n«NTMK i/u ivi m m« vn vi in |*2" MOOR TUB WWW MOB TO KUCMNB, 9W. RRfWUI M MM MM I
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      Page 20 Advertisements Column 4
      227 20 ft JOHORE LY 161 lit AN If NG Sft ANi SHIPPING NGHU BAOAP POP! KfIANC SflANGOfi MAI AYSI6 HAJ SHIPPING SDN. BERHAD k Eipress Unrttoad Service from P Wang Cast Malaysia Brunei HAY ATI 11/11 HATATI V: 12/11 MAY ATI t. 13/11 HAMDAH t. 14/11 HAMDAH t. 15/11 HAMMH t.
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      Page 20 Advertisements Column 5
      143 20 MIIIIT SOUTHEAST ASIA PTE. LTD. REOMI CONSOUDATIM SEtWCI TO W/CttTteMT REGULAR HEDU.Y CONTMEX SERVICE ACCEPTRC FCL/LCL CARGO FOR: AUSTRALIA Mi PORTS AUCKLAH). LYTWTON coumo HONGKONG Al other iiipiin can to MM *wn request. FOR BOORW6S PHASE CALL TEL: *****11 (I LIB) SAUDI S LINE Regular Conventional Service (AH Soudi Flog
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      166 20 'I 1 r A M O 8 h N M 1 9 V 4.®! V. 3 y c^ »> g >: /»> T-i g>N*^ i!!i£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c cr ta Wind direction with speed in knots Wave height LEGEND"R Thunderstorm Temperature °C
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