The Business Times, 11 September 1981

Microfilm: NL11254
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 FRIDAY, SEPTEMBER 11,1981 60 CENTS
    10 words
  • Article
    Scrip poured into stock exchange at eleventh hour
    470 1  -  By SIOW LI SEN THE Stock Exchange of Singapore yesterday relieved itself of a big headache by pushing buying-in for outstanding contracts made on Sep 4 to the afternoon. In the morning, a long list of outstanding positions was given to broking
    470 words
  • Article
    'Yes' to Afghan talks
    118 1 ASEAN supports the European Community's proposal for an international conference on Afghanistan. In a statement issued yesterday, Mr S Dhanabalan, speaking as chairman of the Asean Standing Committee, said: "The Asean Foreign Ministers support the proposal made by the European Community on June 30, 1961 railing
    118 words
  • Article
    Housing loans likely to fall
    445 1  -  By LEE YOKE MENG HOUSING loans made by finance companies may take a tumble over the next few months as buyers and speculators take a second look at the stock and property markets. The cooling off in these two sectors, which only three months ago
    445 words
  • Article, Illustration
    Travellers cheques in S$
    537 1  -  By LILLIAN CHEW TRAVELLERS cheques in Singapore dollars will soon be available in the Asean region. The cheques will be issued by the Oversea-Chi-nese Banking Corporation from Sep 14. The bank recently received the green light from the Monetary Authority of Singapore and the Board of
    537 words
  • BRIEFLY...
    • Article
      Aussie assurance
      102 1 A SENIOR Australian health official yesterday assured the government that Australia will impose stricter checks on all meat exported to Singapore. Dr Kevin Constantine, assistant director of the Australian Bureau of Animal Health, gave the assurance at a meeting with officials of the Primary Production Department (PPD). Dr
      102 words
    • Article
      Lock icon August exports
      72 1 UPI TOKYO, Thurs. Japan's August exports rose 7.8 per cent over the previous year to U5511,683 billion, but imports dropped 20.6 per cent to $9,011 billion. The Ministry of International Trade and Industry (Miti) said exports to the United States amounted to $3,019 billion, up 23.4 per cent.
      UPI  -  72 words
    • Article
      Gold up, dollar down
      39 1 LONDON, Thurs. Increased tension in Poland pushed gold up US$lO to $446.50 an ounce in early trading here today. Meanwhile, the dollar fell sharply due to a drop in short-term interest rates in the US.
      39 words
    • Article
      Lock icon Consumer prices
      97 1 Reuter PARIS, Thurs. Consumer prices in the 24 leading non-communist industrialised countries rose 0.8 per cent in July, giving an inflation rate of 10.6 per cent in the last year, the Organisation for Economic Cooperation and Development (Oecd) said today. The July increase was the same as the
      Reuter  -  97 words
    • Article
      Lock icon Unemployment rises
      61 1 AFP CANBERRA, Thurs. Unemployment in Australia has risen for the second month in succession to reach 5.6 per cent of the labour force, a total of 378,200 people. These official figures were released today but are still regarded with suspicion by the government's critics because they represent a
      AFP  -  61 words
    • Article
      Lock icon Still apart
      76 1 Reuter SEOUL, Thurs. Japanese and South Korean officials remained apart on Seoul's request for US$6 billion in easy-term Japanese loans as they wound up the first round of talks here today. The meeting, the 11th in what should be annual talks, had been twice postponed because of strained
      Reuter  -  76 words
    • Article
      Road-rail link
      56 1 LONDON, Thurs. A new multimillion pound scheme for a tunnel under the English Channel to link Britain and France by road and rail was launched today to coincide with a two-day visit by French President Francois Mitterand. The £3.8 billion plan is the brainchild of Tan Macgregor, chairman
      56 words
  • Article
    SPC may soon have its first local president
    321 1 SINGAPORE Petroleam Company (SPC) to likely to appaiat Its first local chief executive thto month, after having three expatriate presidents siaee its laception in 1171. Mr Chaag Ma-Ua, the last president whs was seconded from Taiwan's Chinese Petrolenm Corporation, completed hto term
    321 words
  • Article
    Multi-million dollar international complex
    498 1  -  By SALMA KHALIK THE Swiss Club will lease about seven of its 12 hectares of land for the development of a multi-million dollar international complex. The complex will house the new French school, German school, Dutch school, the British Club, a Presbyterian Home for the Aged,
    498 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      231 1 quality. And staoili v? u E>s2o Hack Lack Slew...page 12 UMItDS THE frequency of new directives from the SES is a cause for dismay Page 12 ASSOCIATED Plastics Industries has acquired a choice piece of property in Kuala Lumpur to build an estimated Ms4oo million commercial complex Page 14 ITALIAN
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      Page 1 Advertisements Column 2
      65 1 of 3gSS&^ Restaurant 1819 atTuan Sing Towers thinks highly of a Diners CM) member All the touehes of a more graceful era elaborate table settings, impeccable service, opulent decor. A tempting choice of haute cuisine and nouvelle cuisine. Experience the 1819 among the many restaurants in Singapore who think highly
      65 words
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      Page 1 Advertisements Column 3
      1 1 Leader...page <
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      Page 1 Advertisements Column 4
      151 1 ,@?):?(:^$!<`:>^(\-**/;{*__?&,@ HERMES SWISS PRECISION T Tf >«. You get more value from the New Hermes 808 than any other ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter, you know you're in the handsof a very special machine.There is no manual
      151 words
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  • OVERSEAS
    • Article
      Lock icon Manila to push seven key export products
      403 2 AFP THE development of seven major export products which enjoy competitive advantage in the world markets will be the main thrust of the Philippine government's revitalised trade policy. Trade and Industry Minister Roberto Ongpin yesterday identified the products and services as textiles, electronics
      AFP  -  403 words
    • Article
      Lock icon UN report blames MNCs
      108 2 Reuter MULTINATIONAL companies operating in the Third World can contribute to balance of payments problems in the host country. A report to the UN Commission on Transnational Corporations said the evidence contradicts a generally-held view that foreign direct investment boosts a country's exports and helps its
      Reuter  -  108 words
    • Article
      Lock icon Taiwan reports trade surplus
      339 2 AP TAIWAN recorded a trade surplus of U*****.8 million last month, compared with a deficit of $106 million in the same month last year. The Directorate-General of Budget, Accounting and Statistics reported yesterday that exports and imports for August totalled $4.27 billion, up $795 million or
      AP  -  339 words
    • Article
      Lock icon Factionalism erupts within Solidarity
      265 2 UPI SOLIDARITY'S convention in Gdansk erupted into an open power struggle yesterday with its leader Lech Walesa declaring he must be the "dictator" of the union for two more years to preserve unity. One delegate from the floor accused him of pushing a personality cult. The
      UPI  -  265 words
    • Article
      Lock icon Big petrochem plant in Alaska
      212 2 AFP A US and Japanese consortium, headed by Shell and Dow Chemical, has submitted a plan for a large petrochemical complex in Alaska, to be set up around 1990. Feedstock for the complex, which could cost US$lO billion at today's prices, would come from Alaskan
      AFP  -  212 words
    • Article
      Lock icon French relax curbs on Japanese cars
      176 2 AP THE French government has relaxed customs clearance of Japanese cars but is maintaining the limitation of Japanese car imports to 3 per cent of the French market. Early this year, the French government blocked the entry of thousands of Japanese cars by delaying
      AP  -  176 words
    • WORLD IN BRIEF
      • Article
        Lock icon GLASS DOME HOUSING
        456 2 Agencies THE SOVIET Union has built a housing settlement capable of accomodating 3,000 people Inside an enormous glass dome in the frozen north of Siberia. The dome, in the town of Pionersky, encloses eight apartment blocks. The glass will let in solar rays but will not let
        Agencies  -  456 words
    • Article
      Lock icon IMF denies report on loan to India
      170 3 AFP The International Monetary Fund (IMF) denied yesterday a report that it has decided to grant India a large loan, particularly to help develop its energy resources. An IMF spokesman said discussions on substantial aid, which started about nine months ago at the
      AFP  -  170 words
    • Article
      Lock icon Republicans angry with Wall Street
      537 3 NYT ANGERED by the failure of Wall Street to respond positively to President Reagan's economic programme, Republican leaders are threatening to seek new restrictions on the financial markets, such as credit controls and a windfall profits tax on interest. Senator Howard Baker of Tennessee, the
      NYT  -  537 words
    • Article
      Lock icon British unions reject all pay curb policies
      245 3 Reuter BRITISH trade unions have dealt a blow to the Conservative government's hopes for low pay rises when they proclaimed opposition to any form of wage restraint. Delegates to the annual conference of the Trades Union Congress (TUC) in Blackpool adopted a motion
      Reuter  -  245 words
    • Article
      Lock icon US to ease rules on hazardous exports
      359 3 AP THE Reagan Administration is considering easing rules requiring manufacturers to notify foreign countries of products banned or restricted as hazardous in the US. The Washington Post reported that officials in the Departments of State and Commerce have written a draft statement saying
      AP  -  359 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      189 2 MM liW IWill I ff» i |i. i Not everyone can make this commitment And as a result you, the end user, suffers with machinery that cuts into productivity by being nowhere as efficient as promised. With Wing Leong, you have a firm guarantee of service AJK Wthat's thorough, dedicated
      189 words
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      Page 2 Advertisements Column 2
      66 2 Tha daily Aircraft Schadula haa baan hald ovar. Flight information can ba ototainad by tataphona from tha airport (*****34/*****88) or from tha raapactiva airlinaa: Tai No: BIA *****33/******4. Qaruda *****54, MAS *****22, CPA *****55, Oantaa *****44, BA *****55, KLM *****42/*****44, JAL *****44/55. UTA *****22. Information on othara can ba obtainad
      66 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      276 3 Artioli The very name conjures up images of Italy and her great works of art. These shoes are no exception. Hand-crafted and stitched in the finest Kangaroo skin, we've flown them in from Italy specially for the discerning male. There are lots of styles to choose from, including boots, all
      276 words
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  • RAW MATERIALS
    • Article
      Lock icon US offers more grain to China
      484 4 Reuter IN SEPERATE moves to bolster slumping US grain prices, the Agriculture Department has offered to sell China more grain and asked American farmers to reduce their plantings of next year's wheat crop. Department Secretary John Block made the announcements at a press conference
      Reuter  -  484 words
    • Article
      Lock icon ICO meeting moves towards a compromise
      368 4 Reuter INTERNATIONAL Coffee Organisation (ICO) talks in London, aimed at negotiating agreement on export quotas during the 12 months from Oct 1, have moved towards a compromise agreement in separate meetings of ICO producers and ETC members. Both meetings concentrated on setting the level
      Reuter  -  368 words
    • Article
      Lock icon Mexican grain imports
      391 4 Reuter MEXICAN grain and oilseed imports this year will match the record 10.3 million tonnes of 1980 despite official predictions to the contrary. Trade sources added that weather permitting, remaining harvest prospects for this year are good. "Overall grain output this year could rise by 7 per
      Reuter  -  391 words
    • Article
      RUBBER
      224 4 RUBBER prices in Singapore yesterday closed slightly lower with October One RSS buyers quoted at 226 00 cents per kilo, down half a cent from Wednesday's close. Morning prices werre marked down slightly on lack of buying support. Afternoon prices were quiet and featureless. In KaaU Lam par, prices
      224 words
    • Article
      RAS PRICES
      410 4 RAS price* in cents per kilo yesterday (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 223 SO 224 SON Int. 1 R.S.S. October 226 00 226 50 Int 1 R SS November 226 00 226 SO Int. 2 RSS 197 00 198 00N UK Coot 196 00
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    • Article
      SSR and SMR
      126 4 NOON SSR ai id SMR pnca* vfturdiy RA9 October Navaaii bar (Correal Mth) (Forward Mth) Buyers Saltan Buyer# S< rile re SSR 20 (1 ton palleti 194 00 1M00N 196 00 *****N SSR SO (1 Ion pallet) ***** 194 00N moo 196 OON MKBLB Or lobar Ne»e«ber
      126 words
    • Article
      Produce exchange
      176 4 CHINESE Pradaee Exek»i|e, StagtpNC, eMig prices per IMkg yesterday. Cseaaat ail: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers. Capra: Mixed (loose) $72.75 buyers. Pepper: Muntok white pepper fob Asta NLW $370.00 sellers, Sarawak white pepper faq fob
      176 words
    • Article
      TEXTILES
      194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Csttsa yam: China Blue Phoenix 20b 2,460 32s 2,896, 40s 3,110 (per bale of 400 lbs). Piece gssds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      194 words
    • Article
      RICE
      336 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.36, 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
      336 words
    • Article
      Straits Tin
      100 4 THE STRAITS tin price in Penang yesterday fell two cents to M 535.29 a kilo, still within the ITA ceiling range of $32.74 to $35.47, dealers said. The marginal fall was mainly die to miners offering ahead of the mld-antnmn festival on Saturday. However, the fall was limited
      100 words
    • Article
      CLOSING PRICES
      35 4 Rubber Sept 10 Singapore: Oct: 226.00 cents (down 0.50 cent) Malay sia: Oct: 253.50 cents (down 0.50 cent) Tin: M 535.20 per kilo (down 2 cents) Official offering: 241 tonnes (up 20 tonnes)
      35 words
    • Article
      SOYBEAN
      212 4 SOYBEAN futures in Chicago on Wednesday recovered late to close unchanged in spot September, to up as much as (our US-cents a bushel. Late local short-covering, after declining earlier and testing contract lows, rallied most positions to the plus side, traders said. Four positions edged to new season's lows
      212 words
    • Article
      LONDON MARKETS
      771 4 COFFEE: London robusta futures yesterday were steady at midday amid moderate activity of 2,961 lots, including three options and 623 cross trades. This was after Nov and forward positions initially failed to sustain opening gains, traders said. Midday prices were £28 to £5 higher on the day across
      771 words
    • Article
      Duty rates
      87 4 THE Malaysian Minister of Finance has fixed these rates for the period from Sep 10 until further notice: Batter; 254 V, cents a kilo for RSS One; Capra: M 5727.50 a tonne; Palai kerael: $965.75 a tonne; White pepper: $3,234.00 a tonne; Black pepper: 12,189.00 a tonne; The
      87 words
    • Article
      WHEAT
      203 4 WHEAT futures in Chicago on Wednesday rallied late to post three to 2V« US-cent a bushel gains. Active local short-cover-ing on general trade sentiment that the market was oversold carried prices to day's highs, traders said. Increased export activity and continued rumours of Soviet import interest provided constructive influences
      203 words
    • Article
      PALM OIL
      134 4 THE Kuala Lumpur market yesterday continued steady on further light covering in quiet trading, dealers said. In September, central gained Mss to $887.50 per tonne and north $2.50 to $897.50. South was traded at $890. In October, south rose $10 to $885 while central slipped $2.50 to $875.
      134 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      49 4 Business Shirts by Valdini 2 from \l)e (wise of Julius Valdini Available at METRO: Supreme Golden Mile Marine Parade SINGAPORE SHUI HING YAOHAN: Orchard ROBINSON'S: Specialists' Centre MELWANI'S: Clifford Centre TAI HUP, Tunas Building. Exclusively imported by Esquel Singapore Pte Ltd, 21 New Industrial Road, Singapore 1953. Tel: *****66
      49 words
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      Page 4 Advertisements Column 2
      236 4 VIEW THE LARGEST DISPLAY OF WOODWORKING MACHINERY AT MACHINEASIA 81 i4—lB September 1981 .World Trade Centre .Singapore In one value-packed visit you will see, examine and test the most advanced woodworking equipment that make up the largest woodworking machinery show in South East Asia. Discover new opportunities that cover major
      236 words
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  • TRADE AND INDUSTRY
    • Article
      Music pirates issue threats
      405 5 MUSIC pirates are waging their own war against the legitimate recording industry with threats. Mr John Forrest, managing director of EMI Singapore, said yesterday that an anonymous telephone caller threatened to beat him up if he continues the fight against music pirates. The call came after
      405 words
    • Article, Illustration
      TALK ON ASEAN'S ROLE IN BUSINESS
      423 5 A SENIOR official from Japan's prestigious Nomura Research Institute will speak at the two-day conference on "New business opportunities in the Eighties" organised by Times Conferences next month. Mr Masao Okamoto, managing director of the Institute, will speak on "The industrialisation of Asean and
      423 words
    • Article
      Kissinger's lecture
      326 5 DR HENRY Kissinger, a former US < Secretary of State, will give the sec- < ond in the series of Singapore Lec- tures here next month. I The series, which began last year I with the successful inaugural lecture i by economist Professor Milton Friedman, is organised by
      326 words
    • Article, Illustration
      Sea-water distiller
      150 5 SHELL'S new $6.5 million sea-water distiller on Pulau Bukom (above) is due to start operations soon. Berita Shell, the Shell newsletter said construction of the plant, which began early this year, was completed in July. The plant will be able to distill 3,000 cu metres of fresh water
      150 words
    • Article
      Tan Chong in car rental venture
      296 5  -  By LEE YOKE MENG MOTOR vehicles rental operators here are about to face a new competitor backed by Tan Chong and Sons Motor Co of Singapore and Orient Leasing. This tie-up between Datsun distributor Tan Chong and leasing companies. Orient Leasing of Japan and
      296 words
    • Article
      Tecnogas to make gas cookers here
      543 5  -  By RICHARD SEAH ITALIAN gas cookers will soon be made here by a new Joint-venture company. The company. Tecnogas Industrial Pte Ltd. is a tieup between a local household goods dealer. Singapore Radio and Tecnogas of Italy. Singapore Radio has been the local sole
      543 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      233 5 ASSOCIATED Merchant Bank, a subsidiary of the Royal Bank of Scotland, announced that Mr W J D Johnston? has been promoted to general manager and director. He replaces Mr David T Murdoch who has returned to Scotland to take up a senior executive appointment with the parent
      233 words
    • Article
      Multi-cultural heritage
      217 5 ARE Singaporeans a people in search of an identity and devoid of a cultural heritage? Not quite, according to the Minister of State (Culture), Mr Fong Sip Chee. While we lack the advantage of a distinctive culture and its attendant art forms, we have the benefit of a
      217 words
    • Article
      Bousteadco moves out of Maritime Building
      304 5 AFTER 57 years in Maritime Building. Bousteadco Singapore will move out of the historic landmark in Collyer Quay to make way for redevelopment of this prime downtown site. The move will be phased over three weekends this month starting tomorrow. A total of 220
      304 words
    • Article
      MEMO PAD
      222 5 SEMINARS AND COtWES Sep 8-Oet 13: EDP m. Module IV. Working Capital Management. NPB Cuppa Re Centre. NPB Sep 9-Sep 16: Top Management Development Programme Module IV Business Policy and Strategy Corporate Planning, Hyatt Hotel, NPB Sep 10 and 11: How to Minimise Costs in Construction Projects, Shangri-La
      222 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      137 5 You always make a better impression with Perma-Stamp. Stop messing around with ink-pads, or getting annoyed with blurred rubber stamp impressions. You don't have to take that kind of old-fashioned stamping anymore, y Now, the answer to your stamping needs is clear Perma-Stamp. It's a Q/ pre-inked hand stamp a
      137 words
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      Page 5 Advertisements Column 2
      205 5 171' < A- Vm jßb ?*f fi U 4 i v* m' S. r. 9 r bAh r V > 1 t r p* r -V "f* f." i L 505 SR A Am- > V, *«H >tf y v 3*r wi: x 6 <JX r*s. People who know her
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  • Article
    Hardship may fall on some
    384 6 FOR FAR too long, Singaporeans have regarded health services as a social service to be provided by the Government. As Mr Goh Chok Tong observed, some people even expect that it be provided at little or no cost to the user. Although the Government may
    384 words
  • Article
    As stable as the S'pore dollar
    301 6 AT LONG last, travellers in the Asean and Far East regions will soon be able to carry travellers cheques in Singapore dollars. Oversea-Chi-nese Banking Corporation, one of the leading local banks, has beaten everybody else to it by becoming the pioneer in this new
    301 words
  • Article, Illustration
    Lock icon Free of US federal tax
    1522 6  -  KAREN ARENSON continues with her series on the impact of the new US tax law on investment strategy and financial planning. The article here, her 10th of the series, discusses the provisions on estate taxes what can be given away free of federal tax, either
    NYT  -  1,522 words
  • Article
    HUDC applicants treated unfairly
    111 6 Letter to the Editor Dear Sir, It would appear that the saying, "there is never a dull moment", applies most appropriately to the HUDC. The repot in the press regarding delay in cancellation of registration for applicants who did not pay up the $18,000 is another
    111 words
  • Article
    ARMS DISPARITY
    782 6  -  President Reagan has called it "the greatest military build-up in the history of man". The subject matter is Soviet military expansion. ROY GUTMAN and SIDNEY WEILAND discuss the issue in view of Reagan's proposal of increasing US arms spending. ROY GUTMAN SIDNEY WEILAND FIGURES released by the Reagan
    782 words
  • Article
    Lock icon Soviet military expansion
    478 6 Reuter THE UNITED STATES and Britain have taken the wrap 6 off previously secret data to support arguments for a western build-up to counter Soviet military expansion. Government officials in both countries say Moscow has embarked on what may be the biggest and most sophisticated arms production
    Reuter  -  478 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      636 6 CRYPTIC PUZZLE ACBOB6 1 Couples with rail cards (6) 7 Hard-fisted historic hero? (4. 4) 8 George had grit (4) 10 Redskin staying at uncle's? 11 Struggle to break rivets (6) 14 Work and play (3) 16 To some persons, a heavy drinker (5) 17 The right age for tempestuousness
      636 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      749 6 Disappearing market CHINATOWN wm perhaps eaee the piaee far marketing The beetle aaiae aI peapie bargalalag mlaglerf wtth the ekatter the aumy iil» »■< lnMnivM m they warmed their way thraagh the aarraw streets laektag far their rwpeettve "hargain". The street Market la Chlaatawa la aaw (aat dlaappearlag alaag with
      749 words
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  • Article
    Lock icon Joint World Bank-IMF meetings
    548 7 AP WORLD INFLATION, unemployment and latere* rate level* will be the majer tuples at the upcoming meeting of the 141 International Monetary Pud members, tbe IMF said on Wednesday. Tbe Jslnt annnal meetings of the trmmĔ and the World Bank will be held here from Bep
    AP  -  548 words
  • Article, Illustration
    Lock icon MOUNTING DEBTS
    1511 7 NYT THE FIGURES are staggering. Those Third World nations without the blessing of oil revenues have run up debts approaching US$4OO billion. Countries in arrears on current payments have risen from three in 1974 to 22 at the end of 1980, and the amount in arrears has jumped
    NYT  -  1,511 words
  • Article
    Lock icon JAPAN GIVES MORE AID
    763 7  -  In five years, Japan has doubled its foreign aid commitment and intends to do so again in the next five years. The new priority given to aid, reports DAVID DODWELL, is the result of a careful assessment of commercial and strategic self-interest. DAVID DODWELL FT JAPANESE
    FT  -  763 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      376 7 NOTICE Birtin tinta (Malaysia) berhad (Incorporated in the Federation of Malaya) INTERIM REPORT The Directors of Bata (Malaysia) Berhad have pleasure in announcing the unaudited results of the Company s operation for the six month period ended 30th June. 1981 with comparative figures as follows Half year Halt year Year
      376 words
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      Page 7 Advertisements Column 2
      318 7 Heard the latest on the grapevine? Ihe turnouts .hc lite and the time is 11} m |oi a i elehiatlotl of 1 he (.ic, I' Wines of ltal\ Hiom the tellars of KmuHici ionic I In- (.if.it Wines of Italv Featuring the f>est whites. reds ami jus<s dial sunm hak
      318 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        168 8 SEPT 08 ru abn 285 50 unch Ahold auo -U Akao 22.70 13 amev 90 JO -04 Amftt 87.00 .1 Amrobnk 52.40 0.1 Berfoas Btri 2100 38.70 1 ♦OJ BoU 61.50 ♦1J BorsumlJ 155 50 0J Burhmann 45.80 -03 Caland 37.80 -OS Calve Delft 201 JO 1J Dell Mlj
        168 words
      • Article
        Paris
        241 8 SEPT 00 Fr» CORBEILLE Atr-Uquide SOI 10J B S N Oervals Danone C 8 F (Thomaonctt£ 283 23 Cte Francatae de» Petrolea 134 unch Compagnle Financier* Compagnle Oenerale WJ unch CrwMl Fonder De France 330 3 Hachette (Librairle) SIS 7 Machine* Bull 41 JO 0J Mlchelln (P) MO 13
        241 words
      • Article
        Brussels
        91 8 SEPT 08 Era FORWARD MARKET Acee 288 -2 Artwd 112B Ajtur 382 unch Brucui 1100 -12 Bru-Lunb 1082 unch Canp&c 1500 -110 Cock 142 -2 De B«ers 288 -1 Ebes 1210 -J Electrobel 2850 -30 Ob-lnno-Bm 1810 Oct 1388 -4 Hobok 2200 unch Petro 4156 -IS Rjrl Dutch 1384
        91 words
      • Article
        Frankfurt
        220 8 SEPT 00 Dm Aef-TeierunKen M 10 -1- 10 60 Alls Leben 1336 00 -5 Mli Vers 459 00 BASF I40» -2.1 Bay H T Wnank 175 00 Bay Vbank 200 OUB -05 Bayer lis 00 -IJ BBC 250 OOB BMW 185 SOB -25 Caaaella 256 00 -10 Chem Verw
        220 words
      • Article
        Zurich
        180 8 SEPT 00 Francs Action* SultM MS Alimilt Br m -S Aliuuuar Ref Brown Bovert Br. 360 1*0 -s unch CW* O»lor Br. 1075 -S Clba Oeify P c 886 -10 Clba Gelfy Ref Credit Sulaw Br 523 3CH5 •4 IS Credit SuUae Ref 380 unch Eleklrowttt Br mo unch
        180 words
      • Article
        Milan
        101 8 SEPT 08 Lire Anlc Axaoe Oen Z 13&C -3275 Butofl 370 _2 Central* 7010 -300 rut 1825 -75 F1 rotter 4175 4 0-25 Oen Immob -30 IF1 Prt Z 3700 •190 IUUcementl ***** 2000 ItAlgftl M0 11 lulstter 180 unch Ma«neU M Pf 711 -4 Marelll Ere suip Med
        101 words
      • Article
        TORONTO
        203 8 SEPT W CS AMUM 21 unch Alcan Alfoma MO Bank Mont X Bank Nova Scotia Mi Bell Tel 17* Beth Corp BP Can Ltd ZZ «7* Braaran 29-3 -1* Camp Red Lake 21** Can Imp Bk 2iunci) Can par 43* Canpae In» Pf 35 H Carting OKeeTe J* unch
        203 words
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        JOHANNESBURG
        305 8 SEPT OB Rand evINDUSTRIALS A Alpha 460B Abercom 425 es AE And CI too 5 A MIC 2900 90 Barlows 1015 unch Cf Sugar 1775 unch CNA 630B unch Currte Finance M5 5 De Beers lnd Edcon 740 15 Edgars 7500B 200 Ere read y Fed Vol* 545 unch
        305 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      262 8 "The American Express Card serves n r [EZZ32£ you well, wherever good food is served"l_ w e Getaway to Sentosa with family and friends Cost only HALF AS MUCH if you're residing in Singapore It's easy. lust book our chalet units, and enjoy a 50% discount. Offer applies MONDAY THURSDAY
      262 words
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      Page 8 Advertisements Column 2
      163 8 fitJAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daily 12 noon 3p rn. 30 p m 10 30 p rn For reservations call *****77 I 111 l'\ I*3• rk 14 >I'] 1(4 >1 I I l| M >l"« Nassim Hii! Singapore 1 025. Tel *****7 7
      163 words
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      Page 8 Advertisements Column 3
      193 8 ~,:@)-',<$&_>%>.`|/%&~^?$&"-*+> The Oberoi Imperial Hotel presents Do-it-yourself cocking! Dine by a shimmering pool under the stars in the latest fun way. Do-it-yourself barbecue or steamboat, every night at the Oberoi Imperial. Choose from a lavish and unusual selection of food. Then barbecue it yourself, or enjoy the most sumptuous steamboat
      193 words
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      Page 8 Advertisements Column 4
      194 8 Inn Of Happiness mm 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, iai please call 737-2233. |SS| HfttTON INTERNATIONAL SINGAPORE Where The World
      194 words
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      Page 8 Advertisements Column 5
      81 8 s The rumour is true. For The Citation is a vrry private and exclusive dub for business executives. Secluded beneath the Cockpit Hotel, its furnishings are the very finest; the atmosphere appropriate for business entertainment. Come and experience a businessmen's haven. !<r=>\cr restaurant Q^ Try our sumptuous delicacies from the
      81 words
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  • BANKING AND FINANCE
    • Article
      PLR
      22 9 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 14.39 per cent.
      22 words
    • Article
      ASIAN $ RATES
      146 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Sep 10. US Dollar*(Spot) Offer Bid 7 days 17*4 17% 1 month 17% 17* 2 months iev* 18% 3 months 18 9/16 18 7/16 6 months 18* 18<4 9 months 18% 18 12 months 18 17% 8wJra. Da*. (Middle
      146 words
    • Article
      Discount
      46 9 RANGE of prices offered by discount houses on Sep 9: Overnight: 7% Call deposits: 6H% to T% Closing S«11U C 3-month Treasury bills 6* 6 3-month Bank bills 13* 13H 3 months CD 12 7 12* 6 months CD 13 12* Source: National Discount Co
      46 words
    • Article
      London
      176 9 THE dollar opened sharply below Wednesday night's closing levels in London yesterday, having been marked down heavily in New York and the Far East overnight, dealers said. Early trading here continued in Wednesday's quiet vein, with currencies appearing fairly stable at their new lower levels, they noted. The dollar
      176 words
    • Article
      Frankfurt
      38 9 Frankfurt exchanges opening quotes on Sep 10: US 2.4130/45 Stg 4.32/33 Can 2.0017/44 D F1 90.19/31 S Fr -115.99/116.16 Lit 1.992/95 F Fr 41.72/76 N Kr 39.96/40.04 B Fr (con) 6.104/112 B Fr (fin) 5.581/591 Yen 1.0407/26
      38 words
    • Article
      Singapore market
      472 9 THERE was active trading in yen and sterling on the foreign exchange market yesterday. Dealers felt it was brought on by speculative trading rather than a sign of future market trend. latorfcMk termed ntm u S pm: One month 2.1565 2 1585 Two months 2.1500 2.1530 Three months
      472 words
    • Article
      GOLD
      223 9 SINGAPORE gold futures yesterday closed sharply higher compared with overnight levels in light trading. Total sales for the day was recored at 63 lots while kerb volume at 90 lots with interest spread over the months from October 1981 to June 1982. Prompt closed sharply firmer at U*****.00/450.50 an
      223 words
    • Article
      Silver quotes
      39 9 New York 10.60B 10.05B 10 806 10 2SS Zurich 10.25B 10.18B IOCS 10.38S 11 -J Singapore lllfl 10 60B W6i 1010B 10 80S 10 30S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
      39 words
    • Article
      TOKYO
      156 9 THE US dollar for overnight delivery in Tokyo yesterday closed sharply lower at 231.50 yen compared with a 233.20 opening and a 233.20/ 30 close in New York on Wednesday, dealers said. It was also weaker than the 232.96 finish in Tokyo on Wednesday. Trading was moderate with a
      156 words
    • Article
      HONGKONG
      171 9 THE US dollar in Hongkong yesterday was steady against most leading currencies in quiet late trading, apart from easing to a late 231.40/70 yen from an early 233.25/35, dealers said. It steadied against the mark at 2.4130/40, compared with an early 2.4115/ 30, and at 2.0630/60 Swiss francs against
      171 words
    • Article, Illustration
      Gold to exceed US$1000 by 1987?
      756 9  -  By ALVIN TAY THE LIKELIHOOD of gold prices exceeding US$l,OOO an ounce by 1987 is highly probable because of continuing strong worldwide demand by both investors and industry and steady output from the mines. This forecast was made in a study commissioned by South
      756 words
    • Article
      NEW YORK STOCKS
      838 9 SEPT OB U3* ACT Industries aw -w AJdis—ufisph •W Airco Inc Alcan Alum in Mx -w Allegheny Lud 38* ■f H Allied Cheat Cp ♦«W 4-* Allied Store* 25--W A uts-Chalmers 1SW unch Alumhqo Amer Am Airlines a* UW w -w Am Brands Inc JTH -w Am
      838 words
    • Article
      Lock icon German bank buys stake in Rakyat First
      244 9 AFP Reuter FRANKFURT-BASED Deutsche fif—r—rhsft Bank (DO Baak) has haaght aver 45 per cent af Rakyat First Merchant Bankers Bhd af Malaysia tram Its pareat, Bask Rakyat. TV price will be fixed aa a mataal basis at a later date. Mr Gaatber SehmidtWeylaad,
      AFP; Reuter  -  244 words
    • Article
      Lock icon Iranians short of foreign currency
      213 9 AFP IRAN MIGHT have to sell some of its gold stocks or shareholdings in Western companies because it is so short of foreign currency, the Financial Times reported in London on Wednesday. Iran has staved off a worsening of its situation in the last three
      AFP  -  213 words
    • Article
      Lock icon ISLAMIC BANK OFFER
      108 9 AFP THE ISLAMIC Development Bank is interested in providing loans to Malaysia for four projects. This was disclosed by Malaysian Finance Minister Tengku Razaleigh Hamzah, who said the loans were for the construction of a small engine plant in Prai, the integrated oil palm complex and oil
      AFP  -  108 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      24 9 can you dine m i a 0m <* m RESTAURANT 2nd Floor, Shaw Centre. 4th Floor, Bukit Timah Shopping Centre. Jalan Sultan Ismail, Kuala Lumpur.
      24 words
    • Advertisement
      Page 9 Advertisements Column 2
      613 9 BO DEREK BOEING and BUTTERFLIES In analyzing the maniac-depressive behaviour of Investors, our editors subscribe to the adage that the "more things change, the more they remain the same." In the past, our readers have mocked conventional moods, buying stocks during "down" markets, realizing substantial profits once the market rallied
      613 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1490 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 Aeat (2.808) (1)
    1,490 words
  • Article
    Unit trusts
    97 10 DIAMOND MOl rrou (M«n>ri' (Him 3 1 1 Diamond Spore Fd (USI) OB on SI IB (Aug) (today) DWOMXBON D UNIT (CWTMt ft teaa) Income Bond 1.8 131 MABA BUMS (MiaUin' phew rviu tartan 11) Ftaw B'putra 5.12 5.17 Second B'putrm ill 4.23 Third BJjutra IS 3.J7 Fourth
    97 words
  • Article
    SHARE INFORMATION SERVICE
    2763 10 Gr's Gr's Net 1981 Last Div Div YTd P/E Vol Day Hi(k Low Compuy Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 4M 268 Acma 272 -4 14.5 3.2 58 9.7 3 274 272 Alcom 144 4.8 2.0 3.3 248 390 130 Allied Choc 156
    2,763 words
  • Article
    In Kuala Lumpur
    1794 10 BID and offer prion 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, hiiUm otherwise specified. DDDUmiIU hkmm (1.508 1575) ni A CMa (I.7JS) (I) 1.« (1) 1.70
    1,794 words
  • Article
    COMPANY BRIEFS
    179 10 UNITED Oversee* Beak: 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 Maiayslaa ladutriea Berbad: EOGM to be held at 4 Jalan Tandang, Petaling Jaya, Selangor, on Sep 14
    179 words
  • Article
    Exchange institutes buying-in
    698 10 YESTERDAY'S Mgkllgkt at tke stock market mi the exeemtlm «f haylag-la ky Ike Steek Exekaage e( Wltkla Jut Are mtoatee all eatotaadlag hlm were cleared. Prtartarat nmn; tke kreUag Brae wttk eatstaadlag pesltleas was Fraeer aad Cempaay. A tot tt tke endeared PmMm waa pnted ea tke
    698 words
  • Article
    Kuala Lumpur closes easier
    586 10 PRICES at the Kuala Lumpur stock market drifted for mast of the day on subdued interest yesterday Most sectors closed on a slightly easier note. However, conditions on the prouaty board were fair and this was largely attributed to the introduction of Ipoh Gardens Bhd. Despite
    586 words
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  • COMPANY NEWS
    • Article
      Bid to put Gula Perak Bhd back on its feet
      441 11 UNDER a proposed capital reconstruction scheme and a rights issue, the net asset value per share of Gula Perak Berhad will be adJusted to 71 cents, instead of the present $0.02. In a circular to members, directors of Gula Perak
      441 words
    • Article
      COMPANY BRIEFS
      270 11 UNITED Industrial Cnrpnratina (UIC) has informed the Stock Exchange of Singapore that its purchase of four Australian companies will have a negligible effect on the net asset backing of its shares. Since the four companies are expected to turn in profits of A$200,000 or $496,000 for the year
      270 words
    • Article
      RESULTS DUE
      324 11 Date Last Fall Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Dtv. Profit <%) <rwt) Sentosa I 8/7 zr>r. Chem Ind I 9/7 23.7 15.0 3,460 Berjuntai 24/7 52.0 85.0 45,842 Kulim Msia I 6/8 11.8 24.0 11,544 Utd Plantations I 14/8 28.2 30.0 40,662
      324 words
    • Article
      Investors told to switch to S'pore
      908 11  -  Market Talk... By HSUNG BEE HWA SECURITIES firm Lyall and Evatt has advised investors to switch from the Hongkong market to Singapore as the downtrend in local share prices means there are now several stocks that offer "excellent value for money". In its latest
      908 words
    • Article
      Earnings at M'sian Plantations decline
      142 11 MALAYSIAN Plantations Bhd reported sharply lower earnings for the first six months ended June 30,1981. Unaudited group pretax profits fell 22.4 per cent to M 56.07 million on a turnover 19 per cent lower to $17.41 million. The figures compared with pretax profits of $7.82
      142 words
    • In Hongkong...
      • Article
        TAI Sang Develop- ment
        21 11 has declared an in- terim dividend of three cents (same) for the six months ended June 30.
        21 words
      • Article
        LOCAL Property Company
        49 11 has declared a final dividend of 90 cents for "A" shares (65 cents), making a Syout of HK$l.3O (96 cents) the year ended June 30. For "B" shares it has declared a dividend of nine cents (6Mz cents), making a total of 13 cents (9V« cents).
        49 words
    • Article
      Guthrie expected to turn in £29m for this year
      671 11 GUTHRIE Corporation's traditional activities in Malaysia have been its extensive plantation interests. of which to date it owns 190,000 acres planted with rubber and oil palm (including those held by its 60 per cent-owned listed subsidiary, Guthrie Ropel). Until it disposed
      671 words
  • ASIAN STOCKS
    • Article
      Market closes lower
      230 11 HONGKONG THE Hongkong stock market yesterday closed slightly lower with the Hang Seng index down 3.61 points at 1,515.88 after a more settled day's trading, dealers said. Long-term fears about the weakness of the local currency and the possibility of interest rate rises continue to affect sentiment
      230 words
    • Article
      Tokyo shares end weaker
      504 11 SHARE PRICES in Tokyo yesterday closed sharply lower after a firm start as front runners met very heavy profit-tak-ing towards the close, dealers said. The market average fell 45.90 to close at 7,583.27 after a rise of 13.91 in the morning, with a volume of 320
      504 words
    • Article
      Bangkok
      87 11 STOCK prices in Bangkok yesterday closed mixed in slow trading, dealers said. SEPT 10 Bahts Asia Fibre AjuUtkjrm In* And Trust Bangkok Bank Bank Of Apdhijrt Z 224 2 Ltd Bcrll Jucker Z 237 -2 Charoonj Thai Wire 1W -4 First Trust 43.50 1J industrial Finance Corp 9130 -44
      87 words
    • Article
      Manila
      96 11 THE Manila stock market yesterday closed mixed with turnover falling to 1.1 million pesos from 1.5 million on Wednesday, dealers said. Atlas Con B and Podco B 1 H- ,H CDCP 4 40 unch Landoll Lepanto HI 1275 unch Marlnduqur B 7 00 -0 25 Oriental A Oriental a
      96 words
    • Article
      Sydney
      264 11 A FIRMING gold price and and indications of an easing in US interest rates went largely ignored as the AllOrdinaries index fell below the 600 mark for the first time since June 1960, dealers said. The market indicator slid eight points to 599.5 as sellers kept up pressure on
      264 words
    • Article
      Selected indices
      55 11 FINANCIAL TIMES INDUSTRIALS Wednesday 546.4 Tuesday 551.3 Week Ago 588.3 DOW JONES AVERAGE INDUSTRIALS Wednesday 853 88 Tuesday ***** Week Ago 884 23 U.K.HANG SENG Thursday 1515.88 Wednesday 1519.48 Week Ago 1587 63 AUSTRALIAN INDUSTRIALS Thursday 689 5 Wednesday 693.8 Week Ago TO0 7 ALL ORDINARIES Thursday 599.5
      55 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      97 11 An Important London Collection of U7ITT :7TfJ¥h:TTu7^ Including A Fine Polychrome Ruby Backed Plate An Important Lemon Yellow Ground Tazza A Rare Fa-Hua Mei Ping Vase An Outstanding Polychrome Covered Box A Fine Pair of Imperial Yellow Teabowls An Outstanding Imari Domed Vase A Magnificent Imari Carp Dish A Large
      97 words
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      Page 11 Advertisements Column 2
      496 11 [maiaysia] Hoturas bgrhsd (hcwaiefl m Maiays*! NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will oe held at the registered office of the Company at Jalan Utas, Batu Tiga Industrial Estate. Shah Alam. Selangor on Friday, 2nd October, 1981 at 10.30 a m for the purpose
      496 words
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  • Article
    Lower profits for Traders
    386 12 LOWER tin prices, higher operating costs and reduced investment income have depressed Straits Trading's interim earnings. For the first six months of this year, the company's consolidated pre-tax earnings dropped by nearly 31 per cent to $31.16 million from $44.95 million for the previous corresponding period.
    386 words
  • Chief Price Changes
    • Article
      SINGAPORE
      130 12 Rises Guiutu 600 100 Bousteadco 450 30 PMRI 640 20 Semb Shipyard 595 15 Rothmana 700 10 VOB 450 DBS 725 5 FAN 515 5 Sentoaa 210 5 O U B 492 4 F E Leviifiton 440 4 Cold Storage 354 4 Falls Chem Ind 210 -107 Hong Leong
      130 words
    • Article, Illustration
      KUALA LUMPUR
      146 12 Rises S pore Land Ulu Benut 1200 520 30 20 Malex 1120 +20 Tasek 520 10 Falls H L Finance 710 -no M U I 1060 -80 Raleigh 450 -60 Pac Dev 550 -50 PMC 1060 -40 HLInd 1180 -30 Gen tings 595 -25 Magnum 460 -22 Taiping
      146 words
  • Article
    SIME-GUTHRIE MERGER?
    614 12 A MERGER betwew Stme Darby and Guthrie CwpmtiM, two of the largest plantation companies In Malaysia, Is a logical eventuality, Malaysian Finance Minister Tengku Rasalelgh Hamxah said. Speaking after a meeting at the Malaysian Treasury with Dr Ahmad Mohamed Ail, the prealdent of the Islamic Development Bank, Tengka
    614 words
  • Article
    API buys more land
    785 12 ■11 Companies Editor: Mano Sabnani ASSOCIATED Plastics Industries (API) has unveiled further plans to move into big-time property development, this time acquiring some 405 hectares of land and a choice piece of property in Kuala Lumpur on which to build an estimated Ms4oo million commercial complex.
    785 words
  • Article
    BATA (M) RESULTS
    54 12 BATA (Malaysia) Bhd has aaaenaeed uaadited pretax profit si M 54.17 mllltoa ($3.44 mllltoa previously) tor the six months ended Jane M, en snles sf (44.41 million (SM.U million). Directors hnve recommended an Interim dividend sf C per eent gross (same) payable en Oct it to shareholders
    54 words
  • Article
    Ipoh debut
    50 12 PROPERTY developer Ipoh Gardens was yesterday given a warm reception en Its first day s( listing on the Knnln. Lnmpnr Stsck Exchange opening at M 12.11 against its offer price si UM. Ihe share moved to a high of 12.34 before clostag at $2.21. Tarnover wns 844,111 units.
    50 words
  • Article
    SPP defers proposed 1-for-1 rights issue
    188 12 SPP Ltd, the paper products group, is defering its proposed one-for-one rights issue announced in July. In a short statement to the Stock Exchange of Singapore, SPP said the scrip issue is being postponed as "there is no immediate need (or funds for certain
    188 words
  • Article
    INTERNATIONAL STOCKS
    793 12 LONDON, Thurs. Initial small demand for equities fizzled out today and prices were easier on balance, but government bonds ended with rises o( up to point helped by the New York bond market and the firmness of sterling, dealers said. At 3pm, the Financial Times index was down
    793 words
  • Article, Illustration
    Lock icon Big shorts' market
    702 12 mm HOCK LOCK SIEW THIS columnist has so far refrained from commenting on the immediate transactions system that the Stock Exchange of Singapore introduced recently. It is acknowledged that the switch has been made to bring stability and sanity back to the market by eliminating excessive speculation.
    HOCK LOCK SIEW  -  702 words
  • Article
    Lock icon DOW JONES HIGHER
    92 12 AP NEW YORK. Thurs Stock pric« rose in eariy trading today following a modest bond rally and tough congressional talk about interest rates. The Dow Jones average was up 6.18 points to 8G0.06 in the first half hour. Early advances were ahead of declines by nearly 3
    AP  -  92 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      199 12 U5525,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 18th March, 1985 EUROPEAN ASIAN BANK (Singapore Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the initial six month interest period from 14th September, 1981 to 15th March, 1982, the Certificate will carry
      199 words
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      Page 12 Advertisements Column 2
      178 12 MITSUI TRUST I ANNOUNCES I FULL SERVICE FOR j I ASIA J On Sept. 11 Mitsui Trust upgrades its Singapore Rep. Office to branch status The Mitsui Trust Banking Co., Ltd., Japan's longest established trust bank, is pleased to announce the establishment of the first branch of a Japanese trust
      178 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 Outlook for Singapore from 6am to lpm today: Thundery showers in several areas from around midday onwards. Report for 24 hears prior to 7JI pm on Sep II »t the airport: Maximum temperature 29.9 Associated humidity 72 Minimum temperature 23.8 Associated humidity 99 Hours of sunshine 3.35 Rainfall in millimetres
      64 words
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  • SHIPPING TIMES
    • Article
      Lock icon Aussie engineers' industrial strike continues
      315 13 Reuter THE Arbitration Commission of Australia said latest efforts to end continued industrial action by Australian ships' engineers have failed and the dispute will continue until at least next Tuesday. Maintenance bans imposed by the Australian Institute of Marine and Power Engineers are now delaying
      Reuter  -  315 words
    • Article
      Further growth in Singapore's seaborne trade
      697 13  -  By JAN LEE SEABORNE cargo handled in Singapore during the first six months of 1961 registered a growth rate of 6.27 per cent over the same period last year. A total of 42.416 million freight tonnes were handled during the first half this year,
      697 words
    • PORTSIDES
      • Article
        Lock icon Oil rig for India
        53 13 Reuter JAPAN'S Hitachi Shipbuilding and Engineering Co Ltd said it will build an offshore oil drilling rig worth 11 billion yen for India's oil and natural gas commission. The rig ordered by the Indian state corporation will be completed in February 1983 and towed to Bombay,
        Reuter  -  53 words
      • Article
        Lock icon Eternal Green on fire
        108 13 Reuter A LEBERIAN-registered ore carrier with a crew of 30 is drifting in the Pacific, 160 miles of the southern Japanese island of Shikoku, with a fire in its engine room, the Japanese Maritime Safety Agency said. It said the 33,417-tonne Eternal Green was on its
        Reuter  -  108 words
    • Article
      INDEX TO ADVERTISERS
      693 13 Shipptag Um Page CM Aefciprkrgo Adriatic Coat Ale* Afro-Eurasia Atfrrd CT All tram Alpar Angtnitan Angooave ANL Anloll APL Argmtinr ASCL Asia Mrrrhaat A tin Liar Austasia Um Australian Com Balt-Orlmt Baltic Bangkok Com Bangladesh vn vm VI VI vm vn VI VI V I vm m
      693 words
    • Article
      SHIPS IN PORT
      314 14 ARRIVALS KEPPEL WHARV ES Atrevida (1500 after Atlantic) 31 32 Aegis Harmonic (1200) 42/43 Builder (0700 22 Diny (0700) 28 Hadji Agus Salam (1500) 18 Kai m (0700) 29 Kim Ann (Passenger) (0600) 23 24 Kota Pelangi (0700) 10/11 Kris Madura (1100) 21 Profesor Szafer (0400 after
      314 words
    • Article
      Container Schedules
      961 14 .?££J?.Y I K{\P F export fcl containers AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Arrival Lines Operatn Date Time Siri Bhum 28S/30N 11.9.81 S'pore Shpg TA 4 Tysla 714 11.9.81 0700 Nedlloyd TA 4 VC Kasuga Maru 28/471
      961 words
    • Article
      LONDON FREIGHTS
      1564 14 MODERATE grain chartering developed on Wednesday out of North America with rate edging lower where changed. A 50 cent decline was seen for business from the US Gulf to China while the lower level of US$l7 was seen from the US Northern Range to Casablanca. A cargo from
      1,564 words
    • Article
      ORIENT EXCHANGE
      732 15 THE general outlook for shipping and trading business in South-east Asia is unpredicable. Trade and industry is demanding better logistical support services all over Asia. Some technological innovations such as more efficient cranes, forklifts, stackers, conveyors and pellets have been introduced to achieve efficiency and cost savings. In
      732 words
    • Article
      Lock icon FMC move to allow for per container rates
      467 15 Lloyd's List THE US Federal Maritime Commission (FMC) is proposing to amend its tariff filing regulations to provide specifically for per container rates. The regulatory agency said that petition and comment had convinced it that tariff publications in US foreign commerce containing
      Lloyd's List  -  467 words
    • Article
      Lock icon Unctad bulk code under fire
      483 15 Reuter AFP DELEGATES at the international shipping conference in Carabeiia will issue a resolution urging Unctad to abandon efforts to codify bulk trade, conference sources said. They said general agreement exists at the conference, sponsored by the International Chamber of Commerce (ICC), that attempts to
      Reuter; AFP  -  483 words
    • Article
      Rise in Manila port's tonnage
      295 15 TOTAL cargo tonnage handled at the Port of Manila increased by 49 3 per cent to 2.12 million tonnes for the month of July compared with the 1.42 million tonnes reported in June Conventional cargoes accounted for 81.13 per cent of the total trade, posting
      295 words
    • Article
      SHIPPING LIST
      689 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 Ship calls at Penang and Port
      689 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      374 13 Scan Dutch V Fast and Regular Service To /From N.C./SCAN/W.MED./U.K. Singapore Tel *****89 Port Kelang Tel *****1 Kuala Lumpur Tel ***** Penang Tel *****6 I ARDIM I AM Orient Overseas Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) l(Ham I(m FttMN trtwg **—'9 30/9 1/10 3/10 5/10 8/10 9/10 10/10
      374 words
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      Page 13 Advertisements Column 2
      259 13 IPSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) FULLY CONTAINERISED SERVICE y ttsti na u.i *17 M. MTTTM It cargo acceptable int AccepOnf LCI carp tor Dubai Dub* (20/9). Hirwart (77/9). Dammam (7«/9). Ate Dhabi (30/9) Doha (7/10). Bahrain (4/10) Mma Qatoos (77/9). Dubai (79/9). A»«*t (1/10). Oammam (6/10) Ato Oh*
      259 words
    • Advertisement
      Page 13 Advertisements Column 3
      658 13 jam Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****89 Port Keking Tel *****1 Kuolo Lumpur Tel ***** Penong Tel *****6 MAERSK LINE EXPORT FULL CONTAINER SERVICES r«4»r Vmm) TO: VS. PACIFIC. GULF, ATLANTIC. EAST CANADA. ASIAN PORTS Penanc Veuel Bi»g»por* SaM 12-13/9 19-20/9 26-27/9
      658 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      820 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-0», MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** f T'i CONTAINER SERVICE Abo Accepbng Far 1) Barcelona, Genoa. 2) Amsterdam. Antwerp, L Ha»re. ftltao Basle. UK. 3) Bremen Bremerharen. Aarhus. Copenhagen. Helsinki
      820 words
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      Page 14 Advertisements Column 2
      254 14 BBS SUPERCARRIER SERVICE ißim Mm im FROM: US GULF US ATLANTIC EAST CANADA ID^E ii j ii 11/ it ii/u *21/11 2t/lt 11/11 *22/11 2/11 5/11 Vll VII 1/11 *VU 17/11 *21/11 *21/11 KIT MMMIX "BARBER TOMSBERG" S#t 11 "BARBER TALISMAN" S#t It. "BARBER PRIAM" Oct 4 "BARBER MEMESTHEIT Oct
      254 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      737 15 OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sebeh, Sarawak, Brunei Ports and Bangkok 3/10 05/10 1/10 09/10 11/10 07/10 09/10 10/10 11/10 14/10 lf/10 17/10 17/10 19/10 20/10 20/10 23/10 24/10 20/10 20/10 29/10 2/11 4/11 5/11 00/11 10/11 11/11 10/11 12/11 13/11 [CONTAINERSHIP SERVICE FROM UK/CONTINENT BANGKOK AGENTS:
      737 words
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      Page 15 Advertisements Column 2
      375 15 grfa Franco Belquui Services r |P yh-.-hr, v,-i A' 1 a.' f 0"»SC0 C.M.C.R. Sport P Um| B'twi Onoj Tnestt CKaCUUK) 70S* 21 Sept I Oct 9 Oct 11 Oct 16 Oct MOWI HWC MMU 78 Sept 29 Sept IS Oct 16 Oct II Od 23 Oct HMAMNMU It Oct
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      Page 16 Advertisements Column 1
      740 16 -Lloyd TO NORTH EUR OK BtoaUer Mouth Oaf Cardgan Bay Kasufa Mjru Humes Mmi ToAyo by Spore f Man? I H burg Bhj»m 20 9 24 9 26 9 310 510 9 10 II 10 10 10 12 ifl M 10 lb 10 20 10 2'i 10 17 10 19
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      Page 16 Advertisements Column 2
      514 16 VEGA 164E SLD SHIPPING CORPN r TO BUSAN ALTAIR 168E 7 9 Oct 4-7 Oct 1 4 Oct TO TUTSAN hSC KSC KSC KSC KSC KSC KiC KSC KSC KSC KSC KSC KSC KSC KSC KSC ISC KSC KSC ASfj AGENTS: S PORE CROWN MARINE CO (PTT) LID Til: *****4!
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      Page 16 Advertisements Column 3
      623 16 Mi kit ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONDON, MANCHESTER BIRMINGHAM, BRISTOL, LIVERPOOL GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN, OSLO, STOCKHOLM GOTHENBURG, AARHUS. COPENHAGEN HOLLAND AWSTOAM S porf IwhWi Harrtntj Fcfastem Rotterdam Antatrp It Hint «i l»«r 10/1 1/10 11/10 11/10 15/10 17/11 Fm to»jl 20/9 7/11 11/10 20/10
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      Page 16 Advertisements Column 4
      1189 16 Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON S pore PKctanf Penaot PA AN h fort 11 Sept 12/13 Sept PAGAN IVII Sept HUNTAWVN* 11/22 Sept PWASWttGTAWYIIA 24/2t Sept B F SS C Agents m Malaysia BCMJSTEAD SHIPPING Tit NOS KL *****2/ 481 309 Con.penia Ar|«ntina Dt
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      Page 16 Advertisements Column 5
      231 16 Mfl VHO.S.E. OCEAN SHIPPING ft ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE GEKRAL AGENTS AGENTS M MAIAYSM P HUANG PENANG OCEAN SWTMG I ENTERPRISES PTE LTD SMGAPOK TEI ******4/7 l *****70 I LUMPUI TEI 414(44. 4H?V* EAST ASM SHPfVK TEI 3*1732/3/7251 MAIATSM TRADE 1 TRANSPORT TEL (7H3 I ***** SOUTtON
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      Page 17 Advertisements Column 1
      724 17 mmmmm PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) Accepting LCL Cargo to Colombo Aqaba. S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' SPORE 19-20/9 1-1/10 9-10/10 20-21/10 B'KOK 23-24/9 4-5/10 13-14/10 23-25/10 H'KONG 28-29/9 9-10/10 MANILA 1-2/10 12-13/10 18-19/10 21-22/10 29-30/10 1-2/11 FCL Closing
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      Page 17 Advertisements Column 2
      888 17 BEN LINE. CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE IM) Bay 14/9 9/19 11/19 7/1* MJO 4 (/i« u/ii u/io u/u is Km(i Mam 24/9 X/l U/ll I*lo 17/10 11/10 12 i*/» w/w zi/ii 22/10 24/19 2s Thamai Mm 29/9 20 10 22/11 23/10 25/19 II Frrttart Eiprtu 4/11 C/ll 24/14
      888 words
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      Page 17 Advertisements Column 3
      888 17 i I I v I ft I I I i i Mfl ,(1 b Scan Dutch 9 WEEKLY EXPRESS CONTAINER TO MEP/UK/NC/SCAN SERVICE Spot UlT*dNs?)«4ei« 3)Hlwr|4>G»«f| 410 tlO 110 1? 10 13/10 IS 10 1) 10 70 10 77 10 H 10 27 10 nlO Ml Ml 5/11 •/II 10
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      Page 17 Advertisements Column 4
      601 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) CLYDEBANK SANTA ELENA FORTHBANK SPORE 23 Sep 13 Oct 4 Nov R OAM HULL HMBG 18 Oct 22 Oct 25 Oct 13 Nov 22 Nov 17 Nov 29 Nov 3 Dec 6 Dec (Deep Tank Space Available)
      601 words
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      Page 18 Advertisements Column 1
      819 18 a. IiKLINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA Eartor feeder mi* aho ataMMe on ri*ml Cargws Hm acceptable tor Oakland. Vane outer Portland Houston, GaNeston. Nov Ortoam. ton. SI Mn. rMadetMa Nortok BaMrae. Uninuh. lacksenvfc JAPAN-STRAITS-JAPAN Vessel Spot* Penang PKelang Spore Tokyo Nagoya Kobe NOW) STAR
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      Page 18 Advertisements Column 2
      685 18 '^e CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lead* tar: 10$ ANttIES SAN FRANCISCO S£ATTI£ TACOMA VANCOUVER B C tcceptnf FCL/FCL Contaeteri P Keiam Singapore I Alleles I NWH* 2«Sapl 21 Sept 17 Oct AUSTRALIA EXPRESS CONTAINER SERVICE NEW ZEALAND SERVICE I Mbit rn xcipt H tared the* IttPtlen/ INfeiclM
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      Page 18 Advertisements Column 3
      503 18 T y C>roup SINGAPORE SHIPPING AGENCIES PTE LTO 70TM FLOOR OCE AN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINE SI GENERAL 9131 11 14 I INI Si TERMINAL OFFICE *****83 TELEX RS 24b95 RS 2SS6B A B C ARSHIP CABLE CARGOSHiP OSSI pContainer I Jiics WEEKLY CONTAINER SERVICE 10/lrom BANGKOK
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      Page 18 Advertisements Column 4
      572 18 KORINS MARITIME SERVICES ffi Room 601 ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES \o\Hy-undae Shipping Co. Ud. ASIA MERCHANT MARINE iHs GOLDEN LINE CMN MAN SMPPRC (PTE) LTD 1-1 hwW M Cad tmtmm urn t« 7211 m <i» iffii I* U*
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      Page 18 Advertisements Column 5
      673 18 BREAKBULK SERVICE TO EUROPE/UK MANGEL MSDOM ***** Spart P. Kaiaaf Pe*ant 15 Sap 12 Sap BOLOUOC/rMII/W (AVON) 12 Oct I Oct FUU CONTAINER WEST BOUNO SERVICE A. MGHT NBII3. 12 Sep MM/Uvvw/ITmßm/ HaMtei/Rottardan/Tferr 20 S«p -toll Oct Mfeh/UmsMi/irMBM/ Hambw t/Rottardam/ TSwry FULL CONTAINER EAST BOOND SERVICE CArtLLA WBII4. m KM
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      Page 19 Advertisements Column 1
      844 19 NOL NEPTUNE ORIENT LINES LTI TO EUROPE/UK (VIA SUEZ): C. CONTAIO 13W N. GARNET 7W C. PAUL 28*.... K CHANCE s*. C. ROZE 26*.... Also accepting cargo to/from Scandinavia C CONTAINER S'pore Closmg Times: fCL Cargo 1300 19/9 LCI Cargo 0100 19/9 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA:
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      Page 19 Advertisements Column 2
      670 19 MALDIVE LINES ETA ETA HA STORE KUANTAN PORT KELANG MALOIVE PROMOTER 18/9 Loading For ieddah MALOIVE PROGRESS 25/9 Loading (or Hodeidah MALOIVE PRIZE 15/9 Loading for Dubai/Dammam/ Karachi MALOIVE IttGHBOUR 25/9 Loading For Dubai/Dammam MALOIVE NAVIGATOR 20/9 22/9 Loading For Mukkalla MALOIVE PEACE Sailed Loading For Muscat/Bahrain/ Kuwait MALOIVE EXPRESS
      670 words
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      Page 19 Advertisements Column 3
      531 19 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SKSOV BULDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KEIANG M/S SHAMUT NAM SOON SON. M IST ANO ?ND FLOOR NO 1. JAIAN CfMPFNWG PORT KLANG.
      531 words
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      Page 19 Advertisements Column 4
      124 19 tx SAMIV!! LINE BULK TIMBER PLYWOOD SERVICES To: UK/CONTINENT PORTS Antwerp Hamburg Rotterdam Tilbury Tyne Vessel Montana WBl5 Frontier WBl6 Leopard WBl7 Buffalo WBlB Singapore 1« Sept 4 Oct 18 Oct 9 Nov P.KeUng on kf AUTHORITY SHIPPING AND TRAOING PTE LTD 1104 '5 GokJe" Wile Te*e'Be»ch fio»<2 S-ngapce C
      124 words
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      Page 20 Advertisements Column 1
      540 20 '/L ANTOLL LINES Liwr Service FCL Contains/Heavy Lifts MlWf MEIBOUtfC SYWEY BRSBAW TtSMANA ALEIAMKUA Oct 31 No 20 No. 30 DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) S PO«C N SUE; PI sad AJ CM GRAND VOY I Oct 10 Oct 24 Oct 27 0 P«M»S U VOY 21
      540 words
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      Page 20 Advertisements Column 2
      430 20 %JOHORE Ltf 161 lALAN TENoI W CCf SflftN( SHIPPING TENGKU 6»0«R PORT KEiANG SEI ANGOR MALAYSIA HAJ SHIPPING i v SDN. BERHAD Express Unitload Service from P Keiang East Malaysia Brunei (Accepting cargo tor palletising in LPK Gdn No: 3 (South Port) BBINTULU CONTRACTORS SDN. BERHAD 37. Pandungan Road. Kuctang.
      430 words
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      Page 20 Advertisements Column 3
      300 20 SAUDI ffi LINE Regular Conventional Service TRANSTIMBER LINE BULK TIMBER SERVICE don Sii PK Loadmf fori/9 Sid 24/9 Manfafcom, Salerno, Sett, ieddafc 1/9 10/10 12/lOTrieste, Morale one. Saltmo, Valencia, leddal) iMunoM 9mm t fomnmms kdct IS Ur ammm*L rhta i* J»7i4 i mm ik m atti ICE MACK LINE S*
      300 words
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      Page 20 Advertisements Column 4
      408 20 Kline jjgggl IJK#. 1 KINKAI KAIJ JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kote S port Pew* P Mar* Spore Tokyo Robe NOMBTMV7 SM SM fa Pt 12/9 13/9 15/9 2>/9 30/9 NOMMVVIO 1/9 10/9 21/9 23/9 24/9 2S/9 7/11 9/10 NORDSTNt it 21/9 30/9 11/10 13/10 14/10 16/10 29/10 31/10
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      Page 20 Advertisements Column 5
      256 20 m Pf RK APALAN LAUTAN BIRU SDN. BHD. POBo. ZIO kotj KvvitMtu S*b^ HGULAt IMH SBtVKX Vabah Strawrjk Bangkok Srrgapore Port k«>ung SEAUON SHIPPING (S) PTE LTD Tel *****X1 Tlx ***** SEAUON SHIPPING <M) SDN BHD Tel: 38-7754. 38-7475. 38-9851 Tlx: MA3BTI2 SEJAMA SHIPPING A TRANSPORT SDN BHD. Trt *****1
      256 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      149 20 f r Regional Weather 0 r A 35 il 4£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots fUin u; Cloudy Sky Wave height Bwfaee winds are Indicated by arrows which fly with the wind
      149 words