The Business Times, 10 September 1981

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, SEPTEMBER 11, 1181 60 CENTS
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  • 319 1 UNITED Overseas Bank (UOB) has dropped its previously announced offer to acquire Los Angelesbased American City Bank (ACB) for a total cash consideration of US$B3 million. In a one-paragraph statement yesterday, UOB said both banks have agreed to terminate discussions concerning the proposed
    319 words
  • 638 1  -  By WONG AI KWEI A NATIONAL Health Plan is being drawn up to make companies responsible for providing medical benefits for their workers. The underlying principle, as outlined in the recommendations made by the Committee on Productivity nearly two months ago, is to link workers'
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  • 566 1  -  By SALMA KHALIK THE Government and the private sector will be sitting down together during the next four months to reexamine the country's growth strategy. Dr Tony Tan's introduction of pre-budget discussions with the various private sector organisations will be far-ranging, and will not be limited
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  • 254 1 UNCERTAINTY continues to prevail in the stock broking community over how the Stock Exchange of Singapore plans to enforce its recent spate of rulings on immediate transactions. Adding to the confusion is how the SES will institute automatic buying-in for outstanding contracts. The ruling on immediate transactions became
    254 words
  • BRIEFLY...
    • 95 1 AFP KOTA KINABALU, Wed. The Malaysian Airline System (MAS) concluded its collective salary agreement with the air transport workers' unions with the signing by the Sabah union here today. The signing, the third in the series after the Peninsular Malaysian and Sarawak unions, brought the 839 MAS staff
      AFP  -  95 words
    • 54 1 GDANSK, Wed. The powerful Warsaw branch of the Solidarity trade union said today it plans to call for what would amount to free parliamentary elections in Poland. The branch said it would submit a proposal to the union's national congress demanding unlimited and unrestricted rights of candidates for
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    • 75 1 AFP TOKYO, Wed. Fujitsu Ltd, Japan's top computer maker, today put on the market a computer printer with the world's fastest printing capacity. Dubbed "Facom 6700 D," the laser printer can print 14,100 to 21,200 lines of Japanese characters a minute. This printing capacity far surpasses those of
      AFP  -  75 words
    • 89 1 AFP TOKYO, Wed. Police and bank officials here were today trying to find out why it took six months to catch up with a woman bank em- ployee who stole U*****,000 with the aid of a computer terminal and fled the country with it. Police said Motoko Ito,
      AFP  -  89 words
    • 92 1 AP BRUSSELS, Wed. All EEC steel producers, except the West Germans, have agreed to raise prices of all their products by an average of 7 per cent on Oct 1. German producers have asked to defer by one month the 7 per cent raise in the price
      AP  -  92 words
    • 84 1 AFP TOKYO, Wed. Japanese Prime Minister Zenko Suzuki said today he is determined to increase Japan's defence spending by 7.5 per cent in fiscal 1982, starting next April, over the current fiscal year despite American and West German moves to slash their military budgets. Speaking at the annual
      AFP  -  84 words
    • 35 1 Reuter CANBERRA, Wed. Primary Industry Minister Peter Nixon told Parliament today small traces of dye, indicating horsemeat unfit for human consumption, had been found in export meat cartons in Victoria state. Reuter
      Reuter  -  35 words
  • 204 1 BANK credit me by the topert maathiy Jump ef ■early $1 Mlltoa la Jaly, thas waraealag the gap betweea leaas aai depeatta. Law aad advaam af al rate a# 9.1 per eeat la ialy to 1114 Mlltoa. Bills flaaadag, kadi payable la aai eatoMe Stagapare,
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  • 493 1  -  By RONNIE LIM SINGAPORE will soon have its own "army" of national service construction workers under a Construction Brigade to be formed next month. This is the first of two component arms under a new national civil defence plan expected to be finalised by this
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  • 226 1 SINGAPORE does not need to build a sixth oil refinery. This was implied by Mr Terry Young, managing director of Esso Singapore, who said that the Republic does not need to expand its present oil refining capacity. Instead, existing refineries will be investing heavily
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  • Page 1 Advertisements
    • 215 1 Car Audio Specialist FUJITSU TEN LIMITED THE acquisition of Guthrie Corporation by Permodalan Nasional Berhad could be the prelude to further financial forays abroad Page 12 STRAINS on the family unit in Singapore are mounting. Family life will have to adjust to changes in social attitudes and job demands Page
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    • 131 1 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia The Bulletin is divided into six separate reports of about 8.000 words each There is a dual
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    • 0 1 +'{~\='}.$>$$_"|_`^|}^`}.]<`)[*
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    • 86 1 FOR PEOPLE WHO MATTER The performance of a console-size copier, without its cost. v. i <: v The desk-top size Ricoh DT1750. Clear, crisp copies 35,000 copies or more per month Saves on operating costs by 50% or more Space-saving 28 copies per minute RICOH The world'* #1 copter. undupHcatod!
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  • OVERSEAS
    • 735 2 TO ATTAIN DEFICIT TARGET NYT PRESIDENT Reagan has authorised another US$lO billion to $15 billion in budget cuts for next year in an effort to preserve his goal of a $42.5 billion deficit in fiscal 1982. About $3 billion of the additional cuts are likely
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    • 167 2 Reuter WEST Germany's coalition partners appear to have cleared the way for parliamentary approval of an austerity budget to curb government spending next year. Members of the Free Democratic Party (FDP), junior coalition partner of Chancellor Helmut Schmidt's Social Democratic Party (SDP), unanimously approved a package
      Reuter  -  167 words
    • 566 2 NYT THE International Monetary Fund (IMF) has tentatively approved an innovative $5.68 billion loan to India next month, the largest in the IMF's history. Apart from its size, the loan is significant for the freedom it gives India to invest in oil production and
      NYT  -  566 words
    • 239 2 Reuter RICHER developing ctootries will have higher economic growth rates than advanced coon tries between now and IMS, but this will be affect by an Increase In population. Prognos AG, the Swlssbnoed European centre for applied economic research, said a stndy of 38 of
      Reuter  -  239 words
    • 299 2 THE Kuala Lumpur-based International Natural Rubber Organisation (INRO) has sought further details on the reported "Indonesian" proposal to build a rubber buffer stock. Contacted by Malaysian Business Times yesterday, the INRO executive director, Mr K Algamar, pointed out that the news report from
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    • 133 2 AFP THE Malaysian state-owned trading company. Pernas, will open an office in Hongkong this month to intensify efforts to increase its China trade. A Pernas spokesman said that having an office there would help increase direct trade with China. About 87 per cent of the trade
      AFP  -  133 words
    • 365 2 Reuter THE. EUROPEAN Parliament is preparing for another marathon struggle with Common Market governments over the EEC's US$25 billion budget. The directly-elected Parliament's 430 members from the 10 countries of the European Economic Community (EEC) wield few powers in determining the direction of
      Reuter  -  365 words
    • 331 2 UPI CHINA, in one of its most detailed outlines of Middle East policy so far, has supported Egypt in calling for Israeli withdrawal from occupied Arab lands and for the establishment of a Palestinian state. Vice-Premier Huang Hua said at a banquet on
      UPI  -  331 words
    • 776 2 ARRIVALS Service Local Operator Number Time From SIA SQ41 0710 MAA PAA PA005 0010 NYC SFO HKG PIA PK772 0730 KHI CMB KUL SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH671 0845 KUL RBA BI421 0930 BWN MAS MH680 (Ml BKI MYY/KCH SIA SQ201 1000
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    • 278 3 AP PRIME Minister Margaret Thatcher called on British workers to follow the example of their Japanese rivals by taking more pride in their work and cooperating with their bosses. Speaking on a BBC radio programme hosted by her favorite disc jockey, Jimmy Young,
      AP  -  278 words
    • 220 3 Reuter JAPANESE oil importers will aim to cut crude oil imports next year, except those from Saudi Arabia. The Ministry of International Trade and Industry (Miti) said the move follows a serious decline in crude oil prices and low demand for oil products.
      Reuter  -  220 words
    • 103 3 AP AN OFFICIAL of Ford Lio Ho Motor Company, a Taiwanese affiliate of Ford Motor in the United States, said yesterday that it exported 87,000 units of Laser and Kent engines to Australia and the Philippines between 1974 and August this year. Raymond Chen, president of
      AP  -  103 words
    • 336 3 Reuter THE SOVIET Union said yesterday that its largescale manoeuvres near Poland's borders are vital to maintain military efficiency and implicitly rejected Western suggestions that they are intended to intimidate Warsaw. Western defence officials have expresssed alarm over the location and scale of the
      Reuter  -  336 words
    • 133 3 Reuter ISRAELI diamond merchants yesterday threatened to close down the industry unless the government grants them improved bank credit terms. An industry spokesman said that a memorandum had been submitted to the Commerce and Industry Ministry, outlining what he called the serious financial crisis confronting the diamond
      Reuter  -  133 words
    • 215 3 AFP PHILIPPINE Prime Minister Cesar Virata yesterday said the government is now reviewing its current policy of bailing out financially distressed companies, in the light of its growing exposure in private business. Mr Virata told members of a civic organisation that a reassessment
      AFP  -  215 words
    • 258 3 AP PROSECUTORS in the multi-million dollar Lockheed payoffs scandal yesterday accused former Prime Minister Kakuei Tanaka, the principal defendant in the four-year case, of giving money to two witnesses who testified for him. In the opening hearing at the Tokyo district court, the prosecutors said
      AP  -  258 words
    • 262 3 AFP SOLIDARITY'S expression of support far free labour movements in Eastern Europe has produced u explosion of Indignation In Mmrow. Despite the fact that few, if aay, Soviet workers would learn of Solidarity's statement, Kremlin leaders are expected to take It as aa unprecedented
      AFP  -  262 words
    • 390 3 AP TRADING in the shares of French companies on the new Socialist government's nationalisation list was suspended on all French stock markets yesterday at the request of the Finance Ministry. The Paris Stockbrokers Association announced that the government requested the suspension until final details of the
      AP  -  390 words
    • WORLD IN BRIEF
      • 382 3 Agencies ALL 82 men aboard the drillship Petromar Five, which sank in the Natuna Sea off Indonesia after a massive gas blowout, were evacuated unhurt. Mobil Oil Company sources said the blowout occured on August 27 and the vessel sank the following day in gas-impregnated "light
        Agencies  -  382 words
    • 122 3 AFP MAN could turn night into day by planting mirrors on the moon and reflecting the sun's rays onto earth, French scientist Christian Marchal told delegates yesterday at the 32nd International Space Travel congress in Rome. He said his "completely practicable" project would provide enough light
      AFP  -  122 words
  • Page 2 Advertisements
    • 135 2 THE NO.I STERNDRIVE <!■* WM't-'' wZ6fo*y' ca \A SZ Mercruisers 470 and 485 the world s only purpose-built steindnves. are acknowledged as the i gntost aod most powerful m.d-range engines Bigger cylinder valves ard a die-cast aluminium block ensure even better economy and top performance Standard features like Mercury's Jet
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    • 68 2 MEZ Electric Motors from Czechoslovakia Mez electric motors well-established in Europe Middle East Thailand and Indonesia are now available in Singapore among best quality products made in Europe most competitive prices Ve over 3,000 units (0.37-kw to > 75 kw available ex-stock) full spare parts and service support ACE EQUIPMENT
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  • Page 3 Advertisements
    • 272 3 SYSTEMS MANUFACTURING PERSONNEL COMMUNICATIONS 7: 5f ~D < ■>— <S) Z Q < l/! z o a* u OS D a_ Z hUJ > < < u a. H yon are loekini fir cxperiaacad, qualifiad and career inliiM EXECUTIVES, MANAGERS, PROFESSIONALS ANO SKILLED PERSONNEL. W« at ftrmiMl ft OrpizatiM Development
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    • 137 3 This may be the only time you see the chairman at a loss for words Inspired by one of the greatest horologists in history Abraham-Louis Breguet Matthew Norman designers and craftsmen have succeeded in recreating some of the most famous of all carriage clocks. Handcrafted from the finest materials, the
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  • RAW MATERIALS
    • 783 4 NYT WHEN commodity traders are not talking about plummeting grain prices or wondering when interest rates will drop, the hot topic in the US is the need to expand trading hours on the nation's major commodity exchanges. There is even talk in
      NYT  -  783 words
    • 169 4 Reuter BRAZIL'S conditional offer to accept an International Coffee Organisation 1981/82 Oct-Sep export quota of 16 million bags means it is prepared to declare a shortfall of 630,000 bags for distribution among other ICO exporters. Brazil Coffee Institute Head Octavio Rainho told a council meeting of the
      Reuter  -  169 words
    • 90 4 THE STRAITS On price in Penang yesterday (ell six cents U M 535.22 a kilo, bat stUl within the IT A celling range of $32.74 and »5.47, dealers said. Despite London's steadiness, the market fell dne to sterling weakness against tke Malaysian dollar bat sentiment was mainly supported
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    • 32 4 Rubber Sept 9 Singapore: Oct; 226.50 cents (unchanged) Malaysia: Oct: 254.00 cents (up 0.50 cent) Tin: M 535.22 per kilo (down 6 cents) Official offering: 221 tonnes (up 11 tonnes)
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    • 50 4 INDONESIAN white pepper growers have been facing hardship due to the continued drop o( the commodity prices at home and abroad. Many white pepper farm ers on Bangka Island had complained over the sharp drop of nearly 50 per cent from US$2.5 to around $1.3 a kilogramme
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    • 260 4 RUBBER prices in Singapore yesterday closed quietly steady with October One RSS buyers quoted at 226.50 cents per kilo, unchanged from Tuesday's close, dealers said. Morning prices were unchanged on balance on some buying interest after an easier opening, they said. Afternoon prices gained some ground on covering interest
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    • 430 4 RAS prices In cenu per kilo yesterday Noon (per kilo) Buyers Sellers Int 1 R.S.S prompt f o b 222 00 223 00N bit 1 R.S S October 2& 50 226 50 Int 1 R.S.S November 225 00 226 00 Int 2R S S 196 00 197 00N UK
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    • 128 4 NOON SSI aad SMR pnc» y«M IfdaT ■AS OrtoWr (CirTMt Mtkl Bat art gtlbn NnMkr Ifwwtri Mtb) •arm Mkn SSR ID 11 tun pattM) moo i«oon 1M00 IW00N SSRSO ll ua pailrtl ***** 194 00N 1M00 1M00N MRKLB OttokM Nn«ik»r SMR CV (1 -ton paiWt 1 246
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    • 206 4 SOYBEAN futures in Chicago on Tuesday closed around the middle to low side of a 12'» cent range, down 11 J to seven cents a bushel. Steady local and wire house long liquidation, mainly in response to the bearishly interpreted US corn crop estimated by private forecaster Conrad Leslie,
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    • 126 4 WHEAT futures in Chicago on Tuesday closed 4 1 to three US-cents a bushel lower in mostly local trade. Wheat prices followed downside action in com all day, in response to the bearishly interpreted US corn crop estimate by private forecaster Conrad Leslie, traders said. Corn futures finished weak,
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    • 192 4 CHINESE Pnlift Ex(|M|C, Ntagapare, rlMtag prV*« per kg yedrriay. r«c«Mt all: Bulk fob 1122 50 sellers, old drum (in second hand drum) fob $136 SO sellers, op* drum fob $141 50 sellers r«yn: Mixed (looae) $72 75 buyers Pepper: Muntok white pepper fob Asta NLW $370 00 «ellen.
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    • 194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) C«ttN ytn: China Blue Phoenix 20s 2,450; 32s 2.890. 40s 3,110 (per bale of 400 lbs). Ptoee pi is: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and
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    • 332 4 SINGAPORE: Yesterdays closing prices in SS per kilo, ex-godown. THAI WHITE. 100 per cent first class (Kangaroo) new crop 1.38. 100 per cent second class 1.14, 100 per cent third class 1.10, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN A-super 0.75, Special
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    • 495 4 COFFEE: London robusta coffee futures yesterday traded nervously this morning, moving only slightly after the fractionally easier opening and hovering around the highs to finish about unchanged at midday. Midday prices were mostly £3 higher to £6 lower on the day on a turnover of 897 lots including
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    • 131 4 THE Kuala Lumpur market yesterday closed higher on nearby short-covering in quiet trading, dealers said. In September, the central region rose Mss to $882.50 per tonne while north was traded at $895. October in the central gained $2.50 to $877.50 and south traded at $875. In November, north
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  • Page 4 Advertisements
    • 322 4 ia's ah ress 19-25 1605 Bangkok 1220 Catch any of the 108 weekly flights from Singapore to Bangkok for the non-stop flight to Riyadh, and the only direct flight to Jeddah. The Saudia Express leaves Bangkok every Tuesday, Thursday and Sunday at 12.20 p.m. and arrives in Riyadh and Jeddah
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    • 49 4 Dininq at the Enjoyable, unobtrusive, romantic For business or for pleasure PALM COURT Dine by candlelight in a charming garden setting ELIZABETHAN GRILL Fresh SEAFOOD specialities Succulent ROASTS from the SILVERWAGON Luncheon buffet on: SUNDAYS: TIFFIN CURRY THURSDAYS: RUSTTAFEL Let's meet at the Raffles! Please call us. Tel: *****41.
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  • TRADE AND INDUSTRY
    • 290 5 THE Resources Development Corporation (RDC) should be supplying its output to contractors at Housing and Development Board sites instead of competing with the private sector in supplying private building projects. This should be the practice if it is indeed the intention of the government to ensure
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    • 213 5 THE CHASE Manhattan Bank has announced the promotions of Mr Deaglas C As per to vice president and manager-multinational banking group, Mr Leeag Chee Wall to second vice president and manager-ex-port credit, Mr Tiw Heng Ftog to second vice president and auditing officer, and Mr Aadrew Chua
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    • 309 5  -  By RICHARD SEAH MORE than 10,000 cassette tapes which are believed to be pirated copies were seized by the police in two separate raids yesterday. In the first, officers from the Commercial Crime Department of the Criminal Investigations Department (CID) raided a retail shop at Lucky Plaza
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    • 286 5 SINGAPORE appears to be a ready market for secondhand metal scaffolds from Japan. Cost-conscious contractors are willing to import such products from Japan, which is able to sell it cheaper because it has a large surplus of metal scaffolds. The contractors are also buying the equipment
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    • 246 5 FAR East-Levingston Shipbuilding (FELS) is computerising the design and production of oil rigs and ships at a cost of more than $2 million. The shipyard, which builds mainly oil drilling rigs, has acquired the licence from Shipping Research Services of Norway to operate the
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    • 316 5 NATIONAL servicemen conscripted into tke ruks af the it* Coastrocttoo Brigade will draw comparable salaries an other private ■eetor workers after ane year «I training. HDB can tractors eaa pay promising aad hardworking worker* more if they waat to. A paaei
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    • 473 5  -  By WANG LOOK KEAH THE SINGAPORE Institute of Standards and Industrial Research will help develop some of the research and development manpower needed by industry over the next few years. It will provide an industrial R and D environment where graduates in the sciences
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    • 569 5 EFFORTS by Singaporeans to save energy led to a slight drop in oil consumption last year. The Republic consumed an average of 168,000 barrels of oil a day last year, said Mr Terry Young, managing director of Esso Singapore, at a press briefing yesterday. Although he did
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  • Page 5 Advertisements
    • 611 5 PROFITABLE, GOLDEN PROPERTY INVESTMENT IN DYNAMIC PERTH, WESTERN AUSTRALIA. A free informative exhibition. l t 11 J* 1 '1 11 regions. Due to the immense oil, gas, dian uala lu •ur Includes audio visual presentation, scale models, hS 501 0 reatesMievalues architectural drawings and photographs of specific investments ranging from
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    • 3 5 Leader ...page I
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  • 390 6 LONG-TERM economic policies, at best, should be used as guidelines, to be discarded when better alto-natives appear, or when they have become outdated. Singapore's carefully formulated 10-year plan is no exception. The Minister for Trade and Industry has taken a positive step with the introduction
    390 words
  • 330 6 THIS IS a crucial era of transition during which all eyes will be transfixed on Singapore's revolutionary industrial strategy. The goals of high technology industries and development into a brain services centre can only be achieved with the concerted effort of all those who are
    330 words
  • 1643 6  -  Ayatollah Khomeiny has long understood the need to maintain a firm base of popular support. Assassins are picking off Iran's leading figures one by one. But it will not be easy to wrestle power from Ayatollah Khomeiny. PATRICK COCKBURN reports. PATRICK COCKBURN FT THE GRADUAL assassination of an
    FT  -  1,643 words
  • 722 6 FOBPMlfeg with ROBERT METZ NYT A NEW STUDY suggests that the stock market is about as hip as a Shirley Temple movie. The study, conducted by a Cambridge, Massachusetts, consulting firm, examined shareholder attitudes toward major corporations and found that investors clearly preferred companies with rapid profit
    NYT  -  722 words
  • Page 6 Miscellaneous
    • 616 6 CRYPTIC PUZZLE ACROSS 1 Members in a group (5) 6 Such a dance as Mab shuffles around in (5) 9 Contemptible information? (7) 10 One a player replaces, of course? (5) 11 European area of capital yield (5) 12 Roaring rugby players? (5) 13 A sticky wicket (4-3) 15 Many
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    • 0 6 /?+*>^>~/=+%{&!"}\.@|]}-~$)::~}
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    • 769 6 Singers and their songs DESPITE the aprear it ruicd Ib Parliament several months age, "The Lave Beat" sails aa far yet aaether aight aa ear TV aereeaa. Tonight's romantic escapade centres aroud the paraer, Gopher. Filling la far a sick ringer in the loange, Gopher thinks he is bo and
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  • 1225 7  -  Response to the Housing and Development Board's joint balloting scheme, introduced about five years ago, is poor. Only a minority opt for it. What are the advantages of living close to relatives in a HDB estate? The Social Welfare Department sees it as "a better
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  • 596 7 IN MANY WAYS, the HDB's joint balloting scheme offers the right solutions to strengthen family ties and keep the Singapore family unit intact. It appears to have "mutual benefit" and "practical advantage" to both parents and young couples who are struggling to adapt to fast-developing Singapore, according to
    596 words
  • 1218 7  -  FAR-REACHING REORGANISATION Grundig lost "quite a few feathers" In the year ended Mnreh last, Kurt Hackel, managing board chairman said recently at the International home electronics fair In Berlin. He did not give details sf the INMI result, hat his remarks suggest that Grundig had pasted its
    FT  -  1,218 words
  • Page 7 Advertisements
    • 48 7 This announcement appears as a matter of record only PARAMOUNT CORPORATION BERHAO (Incorporated in Malaysia) SPECIAL ISSUE OF 14,000,000 NEW ORDINARY SHARES OF Msl.oo EACH AND RIGHTS ISSUE OF 6,554,142 NEW ORDINARY SHARES OF Msl.oo EACH Managed and Underwritten by 63 CHARTERED MERCHANT BANKERS MALAYSIA BERHAO September 1981
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 254 8 SEPT 08 Frs CORBEILLE Alr-Llqulde 480 50 0 4 B S N Oervals Danone 1075 13 C S F (Thomson Of) 270 115 Cte Francaise des Petroles 124 unch Compacnle Financier* Compacnle Qcneralc 287 >4 Credit Fonder De France 317 -3 Hachette (Ubralrle)— 30S -21 Machines Bull 40 80
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      • 112 8 SEPT 08 FU ABN Ahold 22 40 line h AMEV 52 30 22.00 Berk 38.50 Bols 156.00 48.10 C aland 38.40 Calve Delft Dell Ml J 44.00 93.00 58.80 50.00 40.50 50.40 18.30 -0 1 9 80 -OJ HVA -2 Into Muller 19.00 1 Kbb 33_20 -1.8 KLM 98
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      • 98 8 SEPT 06 Fra FORWARD MARKET Acec 288 unch Arbed 1118 420 Astur 382 -4 Braacan 1112 4 10 Bru-Lamb 1082 unch Ctnpftr 1880 436 Cock 144 -8 De Beers 300 -5 Ebes 1212 -6 Electrobel 3880 -45 Ob-Inno-Bm 1915 -5 O#* 1400 4 100 Hobok 2300 -20 P*tm 4110
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      • 223 8 SEPT Dm Aet-Telcfunken MOO +1 Akao 18 JOB Aiiz Leben 1340 00 A tlx Vers 451 00 -4 BASF 142.00 -09 Bay H T Wbank I7850B Bay Vbank 288 50B oj Bayer 127 JO -02 BBC ***** 1.4 BMW in oob Cauella 265 00 -12 Chem Verw 227 00
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      • 188 8 SEPT OS FTIMI Action* Sulttes 245B Alutultae Br. no •30 Alutultae Reg 3S6 -10 Brown Bowrt Br 1380 -46 Clba Otigj Br ion -30 Cite Or 1*7 PC «TS -36 Cite Oel«y Rea Credit Suisse Br S2S ZOO -8 -30 Credit Bullae Reg jao -J Elekirowatt Br 2330 -45
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      • 82 8 Anlr lul Aaaoc Oen M3M nas Buiofi J72 -7 Ontrmi* Fl*l 1400 17QC -380 70 Flnslder Oen Immob in Pri ItaJremenl) 4i so 1730 30W ***** -1 18 ISO luku e» -ii ILaUldrr Macncu M PI Martin Ere >« lis sujp liaaoo 12 Med tot) 1800 Minima Mondadorl 1(7H
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      • 215 8 SEPT OB CS Abltibi 21 S •H A lean Algocns n, 45 Bank Mont 2SH unch Bank Nova Scotia -H Bell Tel Betn Corp BP Can Ltd II' 48 -m B rase an JOH Camp Red Lake 11 Can Imp Bk Ms -H Canpac 43* -1H Canpac Inv Pf
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      • 306 8 SEPT OS Rand INDUSTRIALS A Alpha 400 10 Abercotn 420 unch AE And CI IKS unci! AMIC 28SC -30 Barlows 1015 -s Cf Sugar CNA ITI5 63QB 25 Currle Finance MO unch De Been Ind ***** unch Edcon 715 IS Edtart TJOOB unch Everead* Fed Vcrtk Z 545 S
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  • Page 8 Advertisements
    • 173 8 The American Express Card serves pSai^AiKS^ you well, wherever good food is served" w iri:i nn tt. Getaway to Sentosa with family and friends f Cost only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY
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    • 160 8 lubertus ®rtll For lunch. For dinner. For a richly rewarding experience. businessmen's Lunch Mtnuiuy fo I ridai 5 ."><) ]o"i> serine charge > .'■H cess Juranese R'istaffel Saturday K■ Suniiay $1 7 :~>o 10 serr ce charge .f '< cess A© ciilun I *:irk *->l u i S»iii££'ji|M»i*« Ndssim Hiii
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    • 208 8 &*[@.<|,!':(<^|!(/@')|!}}~!:_;] Feast like an emperor at Chinatown r i c y > <- I E b"> Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at The Chinatown, we serve S/echuan specialties Name your favourites Or ask for our recommendations Then be
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    • 183 8 Inn Of Happiness Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. |53| HfeJON IN Tfcß NATIONAL SMGAPORts Where The World
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    • 222 8 Rfcasgood as going to Bangkok. <* i% This it Thai Seafooc at its authentic bast So fresh, it could have been alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs m our kitchen Siamese Seafood Restaurant a wxvtpn
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  • BANKING AND FINANCE
    • 351 9 THE United Overseas Bank (UOB) group in Malaysia has chalked up a 50 per cent increase in earnings in the first half of this year despite sharper competition for deposits and rising cost of funds. This was reported by deputy chairman Allan Ng Poh Meng when
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    • 134 9 CHINA has accepted in principle a final offer by Japan of a 300 billion yen credit to help resume construction of two industrial plants suspended last January. The plants involved are a petrochemical plant at China's biggest oilfield in Daqing and a steel mill at Baoshan outside Shanghai.
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    • 143 9 AFP THREE Philippine financial Institutions have narrowed down to nine Industrial sectors the projects they will help finance nnder the central bank's Apex financial programme. According to an official statement released on Tuesday, the projects, whose foreign exchange requirements would reach US$442 million, cover such sectors
      AFP  -  143 words
    • MONEY AND EXCHANGES
      • 22 9 JHE average rate at vhich major Singapore banks are currently prepared to Lend to their best customers is 14.39 per cent.
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      • 175 9 ASIAN RATES ASIAN currency deposit interbank rates as at ckose on Sep 9. US Dollan(Spot) V Offer Bid Tdays 17 5/16 17 3/16 1 month 17 16% 2 months 17% 17* 18% 18h 6months 18 1/18 17 15/16 17 15/1817 13/16 l2"months 18 17% V SwFrs. Dm*. (Middle Price*) 1-month
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      • 46 9 RANGE of prices offered by discount bouses on Sep 9: Overnight: 1% Call deposits: t%% to 7% Closiaf Buying Selling 3-month Treasury bills 6*t 6 3-month Bank bills 13M> 13% 3 months CD 12 7 12% 6 months CO 13 12% Source: National Discount Co
        46 words
      • 43 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $135 million 91-day Treasury bills to be issued from Sep 14 to Sep 18. Each tender must not be for less than $250,000.
        43 words
      • 485 9 THE local foreign exchange market remained quiet yesterday, with the US dollar falling against all major currencies. Dealers said the tame market was due to the lack of market direction. The US dollar weakened against the Singapore unit to close at 552.1630/40, 30 points down from the 552.1660/70
        485 words
      • 200 9 THE US dollar for overnight delivery in Tokyo yesterday closed easier at 232.95 yen compared with a 233.20 opening but a 232.80/233.00 closing in New York overnight, dealers said. It was up from a 232.05 finish in Tokyo on Tuesday. Trading was fairly active with a volume of US$l.2l
        200 words
      • 49 9 Frankfurt exchanges open ing quotes on Sep 9: US 2 4380 95 Stg 4.345 355 Can 2.0207 237 D F1 90.10 23 S FY 115.28 47 Lit 1.994 98 F Fr 41.76 83 NKr- 39.91 97 B Fr (con) 6.093 109 B Fr (fin) 5.586 596 Yen 1.0446/62
        49 words
      • 246 9 SINGAPORE gold futures yesterday closed firmer on local buying interest against a weaker US dollar in the afternoon, dealers said. Trading was moderate with total sales for the day recorded at 142 lots while kerb volume at 95 lots with interest mainly centred on October and December contracts, they
        246 words
      • 38 9 0 Tim Mm New York 10.05B closed 10.25S Zurich ***** 9 HOB 10.38S 10 00S wM Tm Singapore 10.10B 9 USB 10.30S 10 06S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.
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      • 183 9 THE US dollar in Hongkong yesterday eased against most major currencies in late trading, after a steady morning opening, dealers said. Trading was quiet with the fall of the US dollar restricted by market concern over the high US interest rates and heightened political tension in Poland. It eased
        183 words
      • 69 9 Opening quotes yesterday US 1.7870 7880 Can 2.1477 511 Cross 1 2040 43 DMk 4 3425 75 D F1 4.8150 225 S Fr 3.7675 7725 B Fr con 71.11 26 F Fr 10 4025 200 Lit 2170 50 2176 00 Yen 415 07 95 DKr- 13 5700 875 NKr-
        69 words
    • 244 9 KEB tapping Euro-Asian market THE HEAD OFFICE of Korea Exchange Bank (KEB) has issued a US$3O million floating rate note (FRN) on the Euro-Asian dollar market. The seven-year note maturing in October 1988 will be listed on both the London and Singapore stock exchanges. The paper issued at par will
      244 words
    • 418 9  -  By ALViN TAY THE SINGAPORE branch of the Bank of China has taken another decisive step into the Asian dollar market. It is making its maiden appearance as a co-manager in a US$2O million floating rate certificate of deposit (FRCD) for top issuer Bank
      418 words
    • 536 9 JAPANESE convertible bond issues will be reduced this month to less than US$l billion from a planned 11.5 billion, following informal Japanese Ministry of Finance (MOF) advice and lower Eurobond market prices. The MOF denied it issued a "guidance" to reduce such issues, but did say
      536 words
    • 223 9 EIGHT West German banks have urged the French Finance Ministry to give fair compensation to the banks whose holdings In French banks would be nationalised. Sources said the West German Finance Ministry will make representations on behalf of the banks when state secretary Horst Schulmann visits Paris
      223 words
    • 735 9 THE DISARRAY in America's financial markets reflects the most severe economic policy dilemmas the United States has faced in the post-World War Two period. The hopes generated by the election of a new administration dedicated to revitalising the US economy have been dashed by a
      735 words
    • 1005 9 NEW YORK stocks on Tuesday slid to their lowest point in over 15 months and analysts cited as the reason a deep convicton that interest rates will remain high for some time to come. The Dow Jones industrial average closed off 10.56 points, although it managed to
      1,005 words
  • Page 9 Advertisements
    • 36 9 restaurant Try our sumptuous delicacies from the Hunan Province. An Oriental dining experience. Business Hours: Daily 11.30 am 2.30 pm 6.30 pm 10.30 pm Oncl^fe Inn 214 Dunearn Road. Singapore 1129 Tel: *****49. *****22 ext 126
      36 words
    • 89 9 V Higher rates of interest for your deposits at Chase Manhattan Bank Rates effective Sept em be' 7 Subject to change *>ithou» notice All deposits are renewed automatically upon maturity, covering oth principal and interest, for same tenor, at the interest rates prevailing it the time of renewal Your money
      89 words

  • 1674 10 BID and offer prices officially isted and business in and reported to the Stock Exchange °f Singapore yesterday with 'he number of shares traded shown in brackets in lots of 1.000 units, unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Acma (2.748 2.765)
    1,674 words
  • 102 10 DIAMOND MOT 8TORE <Maaa«en' prteei i tar Sep It) Diamond Spore Fd (US$) 085 0 90 SI IS (AufXtodmy) INCOME BOND UNIT Income Bond 1.32 1 39 MABA BI MIPITBA IMiiigw' prices tar Sea It) Flirt B'putrm 5.1t 521 Second B'putrm 4. It 4.21 Third B'putra 3 90
    102 words
  • 2809 10 Gr's Gr'« Net 1981 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 494 268 Acma 276 unch 14.5 3.2 5.2 9.8 2 280 276 Alcorn 144 4.8 2.0 3.3 24.8 350 130 Allied Choc 158
    2,809 words
  • 1738 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. INDTSTIUALS Alt** (1 KB 1 MS) (1) 1 58 xrt A Chat
    1,738 words
  • 242 10 UNITED Overseas Buk: EOGM to be held at the Board Room of the Company. 28th Floor, UOB Building. 1 Bonham Street, Raffles Place, Singapore 0104 on Sep 12 at noon. DUNLOP Malaysia* Iadastries Berhad: EOGM to be held at 4 Jalan Tandang, Petaling Jaya, Selangor, on Sep 14
    242 words
  • 772 10 TRADING was erratic at the Stack Exchange sf Singapore yesterday hat the dlrectiaa was generally ■p, mainly an short-cover-ing. The market opened an a steady nate against evernlght levels hat flactaated subsequently. At Ike Man break a gain was ippnat hat It waa
    772 words
  • 588 10 SHARE prices at the Kuala Lumpur stock market closed marginally higher yesterday. Interest was well-sustain-ed for most of the day but some profit-taking towards the close left prices below the day's best. A dealer attributed the low volume to operators who were unwilling to come forward.
    588 words

  • COMPANY NEWS
    • 476 11 THE 11-st orey Kayangan Apartments of Genting Highlands, now being handed over to the owners, have registered average capital appreciation rates of 83.5 per cent since the 78 individual units and four penthouses were put up for sale in August 1979. Recent offered prices
      476 words
    • 698 11  -  By LOH YEE LIAM MALAYAWATA Steel believes the outlook for the steel industry is "not too gloomy" as there is still scope for expansion to meet the economic growth expected under the Fourth Malaysia Plan. Malayawata chairman Tunku Datuk Shahriman bin Tunku Sulaiman strikes this
      698 words
    • 219 11 REFLECTING partly the lower commodity prices, group pretax profits of plantation group Guthrie Ropel fell 42 per cent to M 56.69 million for the first six months ended June 30, 1981. No turnover figures were given in the interim report, but Guthrie Ropel said rubber crops
      219 words
    • 575 11 Cempaay Sentosa Chem Ind Berjuntai Kulim Msia Bata Utd Plantations P M Hldgs Hwa Hong New Serendah C K Tang PerM 1 I F I I I I I I Date A—wd last year 8/7 9/7 24/7 6/8 7/8 14/8 26/8 29/8 29/8 1/9 1 Ua Net EPS
      575 words
    • 161 11 METAL Box Berfcad has given notice of an EGM to be held at 10 am on Oct 2 to consider and* pass two special resolutions. The first is the change in the company's name from Metal Box Berhad to Fima Metal Box Berhad, reflecting the participation of Kumpulan
      161 words
    • 323 11 Market Talk... INVESTORS should stop selling their stocks and start making purchases whenever there are weaknesses in prices but only of those shares with good fundamentals. Do not rush in and buy indiscriminately. The advice was given by .James Cowan Associates (JCA) in its Sep
      323 words
    • 586 11 I! Ex Date Cfeae Dale PayaMt Trial far feeyear Trial fee Prevtea* A Emit* prime* AteiHMp BKatll Berjaya Kawat Caaa PUat DBS DnltrU Daafep lii PUtr Merita 0 E lile Grid Cria High A Lew BbbcM 1CB tSStrm J femeat JC Eat JCMPH K Kaaipar KgLaaJat K L
      586 words
    • 352 11 Company Particulars Ex Date Books Close Alex ffldgs B Rays Dutop lad G Lamber Hytei JC»«rt J C Eat JCMPB Jahaa HUp M Breweries Malaya wata Males Oriental Hldgs PMC PNKI Pabtte Textile 8PPL Sine Darky (J A C (JOB Bonus issue of 1 far 1 Proposed bonus
      352 words
  • ASIAN STOCKS
    • 309 11 HONGKONG THE Hongkong market yesterday recovered in late trading with the Hang Seng index closing 0.59 points up at 1,519.49, dealers said. It had opened sharply lower following the weakness in New York and London and lost 40 points within an hour in what some dealers described as
      309 words
    • 477 11 SHARE prices in Tokyo yesterday closed higher on cheap and selective buying in resource-related shares, nonferrous metals and vehicles, following the easing of margin trading curbs effective yesterday, dealers said. The market average gained 34.46 points to close at 7,629.17 but trading was modest with a
      477 words
    • 91 11 SEPT OB Peaoa Acoje Mining 0044 unch AUm Con A AUU Con. B 1 i 24 -07 Bafulo Oold 0034 0001 Benauet Con B Br Ooodrlch 45 lOJO -14 -02 CDCP 4 40 0 4 LandoU Lepanto B. 1275 0 002S Marlnduque B 7 86 0.(6 Oriental A Oriental
      91 words
    • 323 11 THE Sydney market yesterday drifted downwards as high interest rate considerations overcame Tuesday's oil-inspired rally, dealers said. WMC, which reported an oil show at its Acacia no 1 well on Tuesday, slid 2 cents to 14.88 and most oils followed as it became clear overseas investors did not share
      323 words
    • 39 11 SEPT 08 Bahti Ayuttiaya In* And Truat C230 +2J Bangkok Bank 222 *2 Charoong Thai mum 173 First Trust Industrial FlnanO finrp K -1 >03 Rama Tow»r m 0_25 Saha Union 144 urvrh United Flour Mill ISO unch
      39 words
    • 54 11 FINANCIAL TIMUES INDUSTRIALS Tuesday 581.3 Monday 547 9 Week Ago 568 0 DOW JONES AVERAGE INDUSTRIALS Tuesday 851.12 Monday closed Week Ago 882 71 H.K.HANG SENG Wednesday 1519 55! Tuesday 1518.90 Week Ago 1811.57 AUSTRALIAN INDUSTRIALS Wednesday #93.8 Tuesday 695.9 Week Ago 703.4 ALL ORDINARIES Wednesday 607.6 Tuesday
      54 words
  • Page 11 Advertisements
    • 69 11 Rent yourself some SAFETY From the people who pioneered seat belts as a standard feature. Volvo. Also the people who pioneered the concept of dynamic safety. Which means optimal engineering designed to minimize accidents. Or maximum protection, should one ever occur. Safe driving. When you need it most. *****8 4
      69 words
    • 72 11 For Sale Factory for the manufacture of furniture together with wood-working machinery such as multi-rip saws, cross cut saws, thicknesser, presses, glue spreaders, moulding, shaping, boring and sanding machines, mortisers, routers, bench drills, varnishing and spraying equipment, etc. For further information, please contact the Receivers and Managers, Metrawood Pte. Ltd.
      72 words

  • Chief Price Changes
    • 148 12 Rises Indices Hong Leong Ind M U I 1130 1030 80 70 Sep 8 Sep 9 Spore Land 1100 50 BT Indicator. *****2 *****8 Dunlop Ind 440 47 Industrials: 634.19 644.48 PMC 1000 40 Finance: 1526.02 1528.49 Straits Trading Scl Properties Esso 760 .725 515 30 25 25 Hotels:
      148 words
    • Article, Illustration
      152 12 Rises Indices S Land 1170 M U I 1140 Tronoh 1200 Ulu Benut 500 Boustead 570 F and N 580 O C B C 1030 PMC 1120 H L Ind 1210 P Bank 695 Rahman Hydro 530 Falls D and Phoenix 154 S Lumber 180 Toshiba 360 110
      152 words
  • 318 12 SHAREHOLDERS of Jack Chia Enterprises (Malaysia) have approved the company's proposals to make a rights issue of 6.314 million shares of $1 each at $1.80 per share, and to raise its authorised capital to $50 million from $30 million. The rights issue is expected to raise gross proceeds
    318 words
  • 292 12 IPOH Gardens Bhd will make Its debut on the Koala Lam par Stock Exchange today when its 135 million shares of St cents each will be listed and quoted tor trading. In July, the property development group made a total offer of 41.377
    292 words
  • 994 12 Reuter A LIGHTNING raid by the Malaysian government's corporate giant, Permodalan Nasional Berhad (PNB), to gain control of the London-based Guthrie Corporation plantation group could be the prelude to further financial forays abroad, analysts in Malaysia say. The takeover, involving the purchase on
    Reuter  -  994 words
  • 91 12 Reuter PAGE Airways Inc said it has been informed that Guthrie Corp Ltd still intends to acquire it. The completion of the takeover, by a Guthrie subsidiary, is expected tomorrow. The airline said its management and the management of Page Holding Corp, which owns 82.57 per cent of
    Reuter  -  91 words
  • 890 12 LONDON, Wed. The market closed easier after a quiet session with concern over US interest rates affecting sentiment, dealers said. At 3pm, the Financial Times Index was down 4.5 points at 546.8. Government bonds closed little changed against overnight levels after a narrowly irregular trend. Dealers said the
    890 words
  • 100 12 AP NEW YORK, Wed Stock prices opened mixed today, with some blue chips posting early gains. The Dow Jones average of 30 industrials was up 2.10 points to 853 22 in the first half hour after falling 10.56 points yesterday to a 15-month low of 851.12 amid
    AP  -  100 words
  • 431 12  -  By KOH TSE YING HUME Industries (Far East), like its listed subsidiary, Hume Industries (Malaysia), has turned in a set of record figures for the year to June 1981. Although the rate of increase from the previous year is moderate, group performance was still commendable
    431 words
  • 134 12 FOLLOWING the completion of the sale by Guthrie k Company (Far East) of its shares in Guthrie Berhad to Multi-Purpose Holdings, there has been a change in directorate. M J Gent, chairman, and BG Lewis, director, resigned yesterday. They had both been nominated by the Guthrie Corporation to
    134 words
  • Page 12 Advertisements
    • 101 12 NOTICE To the holders of the floeting rate U.S. Dollar Certificates of Deposit due 10lh September. 1982 of: w THE TOKAI BANK, LIMITED Suite 2801/2803, Clifford Centre. 24 Raffles Place. Singapore 0104. We hereby certify that the rate of interest payable on the abovementioned Certificates of Deposit for the Interest
      101 words
    • 172 12 x 55 =M 1 "1 s.~sjpsj3jp y~~ If you're planning a convention for between ten and a hundred people, you will want to consider The Genting Convention Special Package 2 Nights/1 Vz Full Davs Meeting only 180 per pax Accommodation at the luxurious Genting Hotel on a sharetvvin basis Extension
      172 words
  • Page 12 Miscellaneous
    • 63 12 Outlook for Singapore from 6am to lpm today: Showers in several areas late morning onwards. Report for 24 hours prior to 7.39 pm on Sep I at leport (o airport: Maximum temperature 30.2 Associated humidity 72 Minimum temperature 23.3 Associated humidity 100 Hours of sunshine 7.15 Rainfall in millimetres Nil
      63 words

  • SHIPPING TIMES
    • 381 13 Reuter VENEZUELAN president Luis Herrera Campins has urged international action to allow merchant fleet expansion in developing countries. Opening a conference on Third World fleet expansion which began in Caraballeda, Venezuela, Herrera said the current imbalance in ship ownership "encourages a transfer of
      Reuter  -  381 words
    • 528 13  -  By JAN LEE A NEW liner service connecting Japan to the Micronesian islands of Saipan,, Guam, Truk, Ponape and Majuro will be started by Japan's Nippon Yusen Kaisha (NYK) later this month. NYK, one of Japan's major shipping lines, will provide the monthly
      528 words
    • PORTSIDES
      • 100 13 AP SOUTH Korean shipyards recieved orders from abroad for nine ships in August, totalling 331,000 gross tons and valued at US$269 million, the Commerce and Industry Ministry reported. The August performance rebounded from a dissappointing $9 million in July. It also provided a sharp contrast to
        AP  -  100 words
      • 61 13 UPI A 320,000-ton tanker will be delivered to its Norwegian owner today after a christening ceremony. Mitsui Engineering and Shipbuilding Co said the ship, Berge Enterprise, was ordered by Sig Bergesen, DY Co of Oslo. It is the last of two tankers of the same tonnage ordered by
        UPI  -  61 words
      • 75 13 THE US National Labour Relations Board has ruled that the International Longshoremen's Association (ILA) illegally boycotted Russian cargo and ships. The two-to-one decision overturns a ruling by an administrative law judge who had dismissed three complaints brought against the union for its refusal to handle Russian ships
        75 words
      • 68 13 Reuter ALL 82 men aboard the drillship Petromar Five which sank in the Natuna sea after a massive gas blowout were evacuated unhurt, Mobil Oil Co sources said. The sources said the blowout oceured on August 27 and the vessel was immediately evacuated. Gas was still blowing
        Reuter  -  68 words
    • 676 13 Shipping Line Page C4 Shipping UK P*g* C«l Achipelego vn 4 El ma m 45 Afea VI 3 Everett Orient IV 4 Afro-Eurasia VI 2 Evergreen IV 3 All trans vn 4 Fesco vn 4 5 Alpac VI s Flotta Lauro V 5 Angkutan VI 4 Fountain
      676 words
    • 312 14 ARRIVALS KEPPEL WHARVES An Ting (after Ned Albany berths) 1/2 Botany Treasure (Tanker) (0900 L/L A D/L, subj gas free) 33/34 Bule Kochi (ro-ro) (1500 must starboard a side) 31/32 Hadji Agus Salim (1500) 18 Lampung (0700 after Labuan Hadji Salim) 30 Nedlloyd Albany (1400) 3/4 Prima
      312 words
    • 919 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Vame No. Time of Lines Operatn Arrival Date Time Maersk Rando 37B/38B 12.9.81 Maersk 51 TT Strathelgln 15E/16W 12.9.81 2200 Maersk 51 TT Benalder Ever Harvest 46/576 13.9.81 0600 Ben
      919 words
    • 1346 14 VERY LITTLE fresh business was reported on Tuesday, in view of the Labour Day holiday. North Atlantic grain traffic which has been very quiet was again particularly slow although a vessel was reported recently booked out of Brazil 20,000 long tons deadweight cargo capacity for a lump sum
      1,346 words
    • 149 15 TOE Safari consortium is presently using two chartered vessels, the Navalis and the Nan Hwa, to provide a full container service between the Far East and major South African ports Both ships have about 400-TEU capacity each and are deployed as stopgap vessels until newbuildings owned by
      149 words
    • 487 15 Lloyd's List SAFETY standards of the world's maritime fleet are still, far from satisfactory and with continuing low rates particularly in the tanker market improvement cannot be expected soon. This is the view of the International Maritime Industries Forum (IMIF), whose secretary, Mr Jim Davis
      Lloyd's List  -  487 words
    • 978 15 Seatrade THE news of the merger of ScanMel with Mideastcargo has confirmed that the Europe/Red Sea/Gulf trade had settled down and become respectable. The two Scandinavian roll-on/roll-off operators have decided to establish a joint operating company called ScanMideast, to become operational from October 1
      Seatrade  -  978 words
    • 1495 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. Advanced dates are published at a maximum of three weeks. PN/PK
      1,495 words
    • 171 20 AFP THE waiting period for general cargo ships at the west coast port of Bombay has come down from 40 days to 13 days, the Indian Minister for Shipping and Transport claimed today. Veerandra Pa til told the consultative committee attached to his ministry
      AFP  -  171 words
  • Page 13 Advertisements
    • 628 13 HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Keianf/Kedunt/Busan/lnchon Fm: Busan/H.Kong/'Banjkok Td S pore: *****11 P.K. *****4, PN *****5 K.L. *****0 #> \R I) 1M W I \H Orient Overseas Co*Ucu*teA. Line FULLY CONTAROISED SERVICE TO EUROPE (VIA SUEZ) 'KOREAN JACEJM lift 11/3 12/9 30/9 CH*A com wen
      628 words
    • 260 13 HSEALORDU UASC UNITED ARAB SHIPPING CO (SAG) 11 s 11.111 EXPRESS MULTI PURPOSE SERVICES im3TJnTr--r* Al SAIMAH *37 Al MUBMMUH V 35 Muu Qaboos 8 10) Mina M Fahal (11/10). Kuwait (14/10). Dammam (17/10) Dubai (20/10). Abu Dhat» (23/10) krrmnkmm i—J. lErflaboos (?RoTmiih Al Filial (23/10). Kuwait (26/10). Dammam (29/10).
      260 words
    • 19 13 h i L CONTAINER Schedules II SHIPS In Port II LONDON Freights 11/IH SHIPPING Schedule VIII REGIONAL Weather VIII
      19 words
    • 229 13 <>cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV n Agents IMNCIFIC TlMttft TMSWfi n*r MAERSK LINE EXPORT FULL CONTAINER SERVICES rtf >)ii *i'i''j'hil"' 1 TO: BELGIUM, HOLLAND, OERMANY, SCANDINAVIA. SWITZERLAND. AUSTRIA. FRANCE Port Kelang 12-13/9 2S-27/9 10 11/10 24-25/10 7-1/11 21-22/11 7-7/8 20-21/12 4-5/1
      229 words

  • Page 14 Advertisements
    • 698 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 040®, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Zmtamm Unkt feefcr Tumi 8 DAHLIA 11/9 B PtNAGA 18/1 B DAHLIA 25/9 B PtNAGA 2/10 B DAHLIA 9/10 Mw Ftr 1)
      698 words
    • 236 14 B> SUPERCARRIER SERVICE FROM: U8 GULF US ATLANTIC EAST CANADA «r iiffiiniLJgi i I TOMMEfKT h* 11 ITALISMAN"I* 11" TO: PANAMA US ATLANTIC EAST CANADA US QULF 1M M/f *n/i vu vm vu •U/ll IVII 2VII l/U •14/11 IVU 17/ M IVM M/M 2/11 l/U VU ivu i/u vu U/U
      236 words

  • Page 15 Advertisements
    • 796 15 QCL Overseas Containers Limited I »fWrf VpartPM««l Ctafw Bran MOUNTS MY CM—I BAY KASUGA MMU TOKYO MY THANES MAM 12/9 14/5 20/9 24/9 25/ 9 30/1 29/9 fiankfvrt express 04/14 00/io lAKS MY 11/10 13/10 OBtATTOO 17/11 WAAAOt 10/10 3/10 05/10 00/10 11/10 00/10 10/10 14/10 14/10 17/10 10/10 20/10
      796 words
    • 445 15 pfa Franco Bolqutti Services U y■'y F'< Vrrl, I!'. }i. .u, f, r„v 1 f C ONSOS <w F«U CCWTMBBNP gWO FMM MCTI' om comma SMGRPOK P. m«K U tow* I'M* IfWj Dim Awerp Hi* ,0d 50d ,ort ,ort *****221 itun 21 Sept u Oct 12 Oct II Oct 17
      445 words

  • Page 16 Advertisements
    • 770 16 JE Hapag-Lloyd TO NOHTH EUROPE torts Bar 14 9 910 1110 7/10 20 9 l 0 10 i 2 10 13/10 KiUfa Mam 24 9 25/9 ulO 16 10 17/10 I h,^t,Un M'o?3 10 24 10 Ttfroßay 30 9 j; 0 19 10 20/10 I Aim jccfotmj transhipment cargo tor
      770 words
    • 558 16 KOREA ZZ ALT AW 168E 7-9 Oct 4-7 Oct 1-4 Oct BANGKOK TO BUSAN KSC ISC KSC KSC KSC ISC KSC KSC KSC KSC KSC KSC KSC KSC KSC ISC ISC ISC KSC *S AGENTS STORE CROWN MARINE CO (PTE) LTD TEL: ***** M (4 Linn) TERMHAL OFFICE *****29. *****71
      558 words
    • 627 16 EVERGREEN LINE r FAR EASI/EUROPE EXPRESS EUll CONTAINER SERVICE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON, MANCHESTER. BIRMINGHAM, BRISTOL, LIVERPOOL. GLASGOW. LEEDS ETC WEST GERMANY BKtMtRHAVEN, OSLO, STOCKHOLM, GOTHENBURG, AARHUS, COPENHAGEN HOLLAND AMSTERDAM I SN" MM Hw*w| f*Um Mltrta* Le tome* 11/1 9/10 11/ M 11/ II 15/10 17/11
      627 words
    • 815 16 I Everett Lmesl Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOAOM6 FOR RANGOON S|n P KaUnf P«MH| ntowtw* moot 10 st*< M ki P*l 11 Stpt 12/13 Stpt PAGAN 15/11 St* mtmm»tm «/a u# BFS S C Aatntj Motoyvo BOUSTEAD SHIPPING TEL NOS KL *****2/*****9 AffMtMM Ot Nmhm* lairaMiMMri
      815 words
    • 311 16 mo.s.E. OCEAN SHIPPING 4 ENTERPRISES PTE LTD. 3! SANKYO LINE JAPAN/STRAITS SERVICE social *COTJ agents mnatsm P KOMC oat* SMPPMt MTHMUfS n Lit mum m 22*11*4/7 I 22*1370 I LlMna m *****4 414 Til EAST MM 9VPMC m 1M712/1/7251 mum nun i tump an m itbj *1725 SUN UNION LINE
      311 words

  • Page 17 Advertisements
    • 849 17 mrn+mmmmmm PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) Accepting LCL Cargo to Colombo Aqaba. I S E A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' VESSEL NEP ZIRCON NEP TOPAZ NEP ZIRCON NEP TOPAZ VOY. 50S/51N 525/53N 525/53W 545/55N MANILA 11-12/8 22-23/9 1-2/10 12-13/10
      849 words
    • 802 17 1 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE MB HBUftG (wplhn Fr«Mvt Eiprtti I*l* rmmj/bnp O*T Ac* 12/1 C«*» h"* 21/1 Takr* br HOMEUCTE H BURG BHAVE* I# &r many Austria lra|i Mm SM UM BNAVEA ROAM Austria IMw( 5/11 l/ll U/M 7/ II 11/11 U/M 11/11 17/11 21/11
      802 words
    • 585 17 h i Scan Dutch V WEEKLY EXPRESS CONTAINER ED/ukmacan SERVICE r«M 1l)ViMM»? )*!•<■ l)tTM|4)Ctai| DMIf 11 1 I ftM« n/1 DM« 25/1 I ftMU MO MM* (/It ft MCA li/lt I MM* 71/ IC nmc* 30/10 'lu«l«to 1) h'Km CM laf* Limpll lit Cmtry I >»■■» Or—rMiw I sum I
      585 words
    • 536 17 BOUSTEAD SHIPPING AGENCIES BANK UNE EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) SPOKE R'DAM HULL HMBG CLYDEBANK 23 S«p 18 Oct 22 Oct 25 Oct SANTA ELENA 13 Oct 13 Nov 22 Nov 17 Nov FORTHIANK 4 Nov 29 Nov 3Dk 6Doc (Doop Took Spoco AvoiloWo) Lykes/<> Lines U.S.
      536 words

  • Page 18 Advertisements
    • 498 18 > "K"line EXPRESS CONTAINER SERVICES TO NORTH AMERICA Cufoes uw accepOMe tw Oakland. Vancouver Portland Houston. Galveston. Now Orita Boston St Mb. PMadolpkn. Norfofe Baltimore SavannaA lacksonvdk JAPAN-STRAITS-JAPAN Veskei Spore Penang P Kelang j Spore Tokyo Nagoya Robe NOM>STMV7 10/» 12/9 13/9 »V» 21/9 29/9 NOtOBAVVIO 22/9 24/9 a/9 27/9
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    • 674 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Ludnt tor lOS ANGELES SAN FRANCISCO SEATTIE. lACQMA VANCOUVER B C Acceptwn ra/fa Contamen -mm pmskt. Vs* ns*' i/ST AUSTRALIA EXPRESS CONTAINER SERVICE Accepta* Fa/Fa ContMwrs NEW ZEALAND SERVICE I Mtell m »«l ta| parol M tapnr m IrMkMn ■■arum it [MpttM met
      674 words
    • 639 18 17 A (iroiip SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING 9.***** 13 LINE SI GENERAL *****1 114 lINE SI TERMINAL OEfICE *****83 TELEX RS 7459S RS 7SS6B A B CARSMIP CABLE CARGOSMIP jrnrni i] ILUoF Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK SJRI BHUM m*po*y
      639 words
    • 541 18 KORINS MARITIME SERVICES Room 601 ICB Building Shenton Way Singapore Tel *****22 4 *****67 P Kelang Tel *****4/*****5 PTt LTD MIDDLE EAST/RED SEA/EUROPE SERVICES S'pore p. Keiang Loading For: K 15 Sep Band* Abbasß Khomen, J Bandar Abbas/B Khomen A VESSEL 30 Sep fcddah Hyundae Shipping Co. lid. ASIA MERCHANT
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    • 618 18 INTRASEA (PTC) LTD. Suite 2616 International Pta/a Anson Rj Singapore 0207 Tel 22-Ibbl 1 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE FULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE Hn| Kang/RtaAn|/YaAa -TU3EI (TIE) IW BOOHS *****11 Vtojwn* A nunc (MM *****2, *****1 ma okxseas MMHTM
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  • Page 19 Advertisements
    • 639 19 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A Temper o» AC.f Consorftu" TV Also accepting cargo to/from Scandinavia C. CONTAINER S pore Closing Times: FCL Cargo 1300 19/9 LCL Cargo 0100 19/9 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E. Malaysia.
      639 words
    • 626 19 MALDIVE LINES et a eta eta SPORE KIMNTAN PORT KELANG MALDIVE PROMOTER 18/9 Loading For Jeddah MAUXVE PROGRESS ?5 9 Loading for Hodeidah MALMVE PRIZE 15/9 Loading for Dubai/Dammam/ Karachi MALDIVE NEIGWOUR 25/9 Loading For Dubai/Dammam MALDIVE NAVIGATOR 20/9 22/9 Loading For Mukkalla MALDIVE PEACE In Port Loading For Muscat/Bahrain/
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    • 951 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD (1?l™) ILD,NG 55 Mafte< StrMt Si a )ore 01M Telephone Numbers *****3 Cable Address SMSOV SINGAPORE Tetei Numbers RS ***** RS ***** RS ***** P kelmk nvnc 2( s rclili 22? IST **> F i«* sHM nac SHWW ?3 ppn *< ?S POfiT
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  • Page 20 Advertisements
    • 305 20 A_ ANTOLL LINES Independent Liier Service FCI Contanefs/Hea*y Lifts o»tci e u to aouah hibo»** sro»fv miK. iiwumi St«G»PO«F I N SUPPING PTf I ID 1401 5 Rotwij House Shentor Na» S#ifa&ort 0106 Tli RS ***** Tel *****11 Bk t s *****43 2210t-23 WfST MALAYSIA HSH (MiSdnßM *1 Tet *****3
      305 words
    • 206 20 SL WOOD LINE T-mber and Plywood Service Bulk UK/CONTINENT SERVICE S par* PK«tan| T(Hn Load* Iw: ASJASWALLO* Nl-005 12/9 14/9 SID ki Port RMRO/ML/ MOM 4/10 1/10 25/9 29/9 WHTES/Wli/W BK/ESB NLOO7 1/11 5/11 25/10 NANTO/ttM/11l ME/E9 SOUTH AFRICA SERVICE S port PKcianf Load* for VENUSIA SA-1 17/9 19/9 Rnrion/Dwban/Capetom
      206 words
    • 227 20 JOHORE SHIPPING Ltf 161 lAt AN TENuKU BAOAR PORTMIANf, SiLANGOR. MALAYSIA BINTULU CONTRACTORS SDN. BERHAD 37. PaNdwigan Raad. Kudang. Sarawak. Tat ***** Talai: MA 7CXrt3 Eipress Car Carriar/RO-RO Same* te East Malaysia BMTULU NO 1 *13/11 BMTU.U NO 1 *14/11 BMTULU NO 1 *15/11 BMTULU NO 1 V:l(/tl loading tor
      227 words
    • 155 20 SAUDI LINE Regular Conventional Service TRANSTIMBER LINE BULK TIMBER SERVICE ICE MACK LINE Y7> n OCEANUS SHIPPING AGENCY PTE LTD 63* Ist Floor Amor Centre S*ifapore 0?07 111 RS 3M45 OSAI Ifl ???4?77 tShnes' KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe S port Pttung P
      155 words
    • 243 20 PERKAPALAN LAUTAN MRU SDN. BHD. P O Bo* 220. Kcxd KrutHkj Sebah kcum ua nvia Sabah Sarawak Bangkok Sngapore Port keimg SEALION SHIPPING (S) PTE. LTD. Tel: *****81 Tlx: 23*44 SEALION SHIPPING (M) SDN. BHD. Tel: 38-7754, 38-7479. 38-9851 Hz: MAJ97I2 SEJAMA SHIPPING A TRANSPORT SDN BHD Tel *****1, *****2
      243 words
  • Page 20 Miscellaneous
    • 154 20 let* Ya Regional Weather m as 4 Va A 3>f= f v oz s? •UK Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 730 A.M. THIS MORNING. LEGEND: R. Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain V Cloudy Sky Wave heigh, Snrtace wlnda are indicated
      154 words