The Business Times, 29 September 1981

Total Pages: 22
1 22 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 10*7/1/81 TUESDAY, SEPTEMBER IWI 60 CENTS
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  • 223 1 MR CHUA Kim Yeow, president of the Development Bank of Singapore, has been appointed chairman of the Securities Industry Council (SIC) following the resignation of the council's acting chairman, Mr Ng Soo Peng. This was announced yesterday by First Deputy Prime Minister Dr Goh Keng Swee,
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  • 309 1 THE reorganisation and transfer of domicile of the Van Der Horst group is finally over. 1 The Singapore company, Van Der Horst Asia, has changed its name to Van Der Horst Ltd to reflect its position in the group as the parent company. A
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  • 474 1  -  By CHRIS LIM AFTER a week of relative quiet, the stock market fell sharply yesterday in line with substantial drops in share markets all over the world. The local market barometer, the Straits Times Industrial Index, dropped 15.23 points to 650.81 yesterday against a total drop of
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  • 585 1  -  By LILLIAN CHEW DEVELOPING countries are bitterly disappointed with the recommendations of the interim committee of the International Monetary Fund the fund's top policy-making body which sets the directives for management. They are particularly miffed by the committee's recommendations regarding the special drawing rights allocation
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  • 398 1 THE MINISTRY of National Development has responded positively to building contractors' repeated requests for incentives to mechanise. It is introducing an accelerated depreciation allowance scheme and a loan financing scheme for construction equipment. Under the first scheme, the incentive is the same as that enjoyed
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  • BRIEFLY...
    • 63 1 AFP JAKARTA, Mon. North Sumatra is being groomed to become one of Indonesia's key cattle and livestock raising provinces with Australian assistance. Provincial governor EWP Tambunan said the governments of the two countries have been negotiating the various aspects involved in turning a vast district in the Padangbolak
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    • 73 1 Reuter LONDON, Mon. Saudi Arabian Oil Minister Sheikh Yamani predicted only modest increases in the price of oil, at least until 1986. He also said he is hopeful that Opec would agree on a reunified pricing system by the end of this year. However, he did not reply
      Reuter  -  73 words
    • 63 1 Reuter SEOUL, Mon. South Korea plans to earn US$55O million from foreign tourists in 1982, compared with a forecast $420 million this year. The number of visitors is expected to rise to 1.3 million next year from the 1.1 million forecast for 1981. South Korea attracted 1.126 million
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    • 88 1 AFP LONDON, Mon. Faster denationalisation in the energy sector was today proposed by the "Selsdon Group" of parliamentarians on the right wing of the ruling conservative party. It calls for the partial transfer to the private sector of the nation's gas and electricity organi- sations. This transfer could be
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    • 58 1 UPI MELBOURNE, Mon. More than 30 bomb hoaxes greeted leaders gathering for the biennial Commonwealth heads of government meeting in Melbourne. Security forces and bomb disposal teams were kept busy as the bomb threats were called in to police charged with protecting the 41 heads erf state now
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    • 51 1 UPI TOKYO, Mon. Yasser Arafat, head of the Palestine Liberation Organization, will arrive in Tokyo on Oct 12 for talks with Japanese leaders. Kyodo News Service, quoting members of the ruling Liberal Democratic Party, said Mr Arafat will lead a delegation of about 20 for a four-day visit.
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    • 92 1 Reuters LONDON, Mon. Political pressures on the US administration may lead to a fall in US interest rates of a few per cent between now and the end of this year, Lloyds Bank economic advisor Christopher Johnson says in the latest issue of the bank's economic bulletin.
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  • 425 1  -  By ALVIN TAY A LOW inflation rate, a high export-led growth and the strength of the Singapore dollar since the first oil shock of 1973 have propelled the Republic to become the second best economy in the world. A ranking by the reputable UK
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  • 222 1 SINGAPORE'S trade deficit with the rest of the world narrowed in August as a decline in exports was more than offset by a (all in imports. The Republic's trade deficit amounted to $1,197.8 million in August compared with $1,513.5 million in July, according to latest figures released
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  • Page 1 Advertisements
    • 201 1 Oilurti .Times Bookshops; \wm HONG Leong Industries has turned in a bumper profit of M 520.21 million in its financial year ended June 30,1961. Page 14 THREE entrepreneurs with substantial interests in Malaysia are behind Sparlstream Investments, the Hongkong company which is mounting a takeover bid for Renong Tin Dredging
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    • 132 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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    • 3 1 Leader... page 8
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    • 108 1 > v *MWvss\ T\SMiAK*E business MATTER Times P®nodca6 PuOcation s duality warehousing PRIME LOCATION m -J y High-quality multi-storey warehousing in central River Valley area 14-storey complex of 55,742 sq. m (600,000 sq. ft) of lettable space Purpose designed for containerised cargo equipped with 2 x 30 ton container cranes
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  • TRADE AND INDUSTRY
    • 474 2  -  By RONNIE LIM THE EXPECTED build-up in the five Asean countries this decade must be tempered by some form of regional cooperation. Tan Sri Datuk Hamzahsendut, chairman of the Asean Chemical Industries Club, suggested the cooperation could include development of a 10-year master plan
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    • 332 2 THE SINGAPORE office of J Walter Thompson (JWT), one of the oldest advertising agencies in the US, had another good reason for celebrating its second birthday here last July. Over the last two years, the company has almost doubled its business. In 1960, JWT billings for Singapore
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    • 288 2 TKVTII.F- Development Pte Ltd will begin piling work for a new eight-storey factory/warehouse building in Lorong Baker Batu, off MacPherson Road, early next month. Piling ceremonies for the $30 million project will be held on Oct 6 at the 5,000 sq metre site.
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    • 163 2 THE Singapore Welding Society will hold its second international conference on "Welding, fabrication and surface treatment" at the World Trade Centre from July 21 to 24. 1982 in conjunction with an exhibition on the same subject. The conference will cover welding in shipbuilding, ship repair, offshore and
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    • 293 2 A JAPANESE mannfactarer af industrial aad aatomotlve belts Is Inventing $S million U txpaad Its Singapore sabsidiary as part of Its plaas ta became the world's tap prodncer. Mitsubishi Belting (8) alii saaa begin canstrnctlng a new factory wiag which is expected ta
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    • 274 2  -  By AGNES WEE AUSTRALIAN property consultants, Geo M Hume, has set up a branch in Singapore. Geo M Hume (Singapore) Pte Ltd, which started business months ago, will concentrate on project construction management, appraisals and feasibility studies, sales and leasing, as well as property management.
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    • 162 2 AUSTRALIAN exhibitors at AFEEC 81, the Asean Federation of Electrical Engineering Contractors exhibition at the Hyatt Hotel, reported "excellent results" from the show. Mr Robert Mense, sales manager of Ampere Electrical Manufacturing, said he had potential orders arising from the show of up to $600,000.
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    • 347 2 SEMINARS AND COURSES Oct 1-2: Selling for Success, York Hotel, Price Waterhouse Oct 2-Nov 10: The Process of Supervision, Waterloo Centre, Extramural Studies Department, National University of Singapore Oct 2: Motivational Selling Seminar, SIM Conference Room, SIM Oct 5-7: Managing the Performance System, SIM Conference Room, SIM Oct
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    • 143 3 SINGAPORE Electronic and Engineering Pte Ltd (SEEL) and associate company, Allied Engineering of Singapore Pte Ltd (AES), have signed a new collective agreement with their respective in-house unions, Singapore Electronic and Engineering Company Employees Union. The agreement, the first for AES, benefits some 360 and 40 bargainable
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    • 452 3  -  By TAN KHIM YONG BUOYED by the success of two previous trade missions, the Worcester Chamber of Commerce hopes to send a mission to Singapore every year. Its third mission, which arrived here last Friday, is in the process of negotiating deals with some
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    • 201 3 SINGAPORE appreciates the services of organisations like the Goethe-Institut which opens a "window on the culture and life in the country they represent". Dr Tay Eng Soon, Minister of State for Education, said the institute has introduced many of our people to various aspects
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    • 87 3 SEMBAWANG Shipyard has installed a Swedish hydraulic press brake costing $250,000 in its steel fabrication shop, in line with its efforts to modernise and raise the standards of shiprepairing facilities. The Pullmax-Ursviken KPD press brake uses completely new principles in achieving precision in bending steel plates and
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    • 358 3 FOKKER BV. the Dutch airplane manufacturer, announced yesterday that it may subcontract local aerospace concerns to build parts for a new aircraft being designed jointly by Fokker and McDonnell Douglas Corp. Representatives of Fokker were in Singapore to publicise the proposed plane at the first Asian
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    • 151 3 AN AUSTRALIAN company has developed a dehacking machine capable of unloading an average of 17,000 bricks an hour from kiln cars without chipping the bricks. The Australian brickmaking industry has been automated for a number of years but until the development of the latest machine from
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    • 316 3 MINISTER for the Environment, Mr Ong Pang Boon, has made another call for the setting up of a shipping registry to weed out fly-by-night shipping agencies and operators to protect the reputation of Singapore's shipping industry. He said such a registry must serve the overall
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    • 306 3 A LOCAL computer company is preparing for the day when Japanese computers become a household name. The Computers Systems Advisers group has bought a 60 per cent share of Australasia Computing Services International, a company which specialises in converting software for use on the Fujitsu
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  • Page 2 Advertisements
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    • 34 2 fflE DRAFTSMEN AWILfIBLE Experienced Draftsmen available for short and long term hire. Solve Project delays, design or tracing bottle-necks now. Pay only for the time you need. *****51 TEKNISKIL(PTR)ITD Offices in Malaysia Brunei Indonesia
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  • Page 3 Advertisements
    • 96 3 Savour the fruits of success. Grange Hermitage. 7m J t r# rt f i Grange Hermitage. Exclusive. Expensive.The most prized red wine from Australia. Since 1952, successive vintages of Grange Hermitage have reaped 27 trophies and 125 gold medals for excellence. Hailed as Australia's greatest wine, it is regarded by
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    • 149 3 RCLYOntiS TEMPORARY PERSONNEL Room 0652,6 th Floor, Tanglin Shopping Contra, Tanglin Rood, Singapore 1024 Deai Sir/Mdm, Looking for a. Office Boy? >bu can Rely On Us. Call us at, flHi m m Ik rv im **CTO*-> MfMfMMUr'vf torn SOU*» §AST AS** V/ SmHL(S.EA.)PTEITD Unit 1003, 10th Floor. Tan Boon Liat
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  • RAW MATERIALS
    • 473 4 GRAVEL pump mining, accounting for a major part of the tin output in Malaysia and a significant and growing share of production in Indonesia and Thailand, merits special tax treatment in times of depressed tin prices and should get more encouragement than it has received
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    • 214 4 RUBBER prices in Singapore closed slightly easier yesterday with October One RSS buyers quoted at 210.50 cents per kilo, down 4.50 cents from last Friday's close Morning prices were unchanged on balance after fluctuating on covering interest, forward demand, higher Japanese advices and freer offerings of October and November
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    • 367 4 RAS prices In cents per kUo yesterday: Noon (per kilo) Buyers Sellers Close (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 211.00 Int. 1 R.S.S. October 215.50 Int. 1 R.S.S November 215.50 Int. 2 R.S.S. 182 00 UK/Cont m.00 Int. 3 R.S.S. 175.00 UK/Cont 174.00 Int. 4
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    • 117 4 NOON SSP u xl SMR price* yeturdiv RAS October (Correal Mth) Bayer* Seller* November (Forward Mth) Bayer* Seller* SSR20 SSRSO (1 ton (l-ton i pallet 1 i pallet) 177.00 175.00 179.00N 177 00N 177.00 175 00 179 OON 177.00N MRELB October November SMRCV SMR SMR 5 SMR
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    • 34 4 Rubber: Sept 28 Singapore: Oct: 210.50 cents (down 4.50 cents) Malaysia: Oct: 240.00 cents (down 5.00 cents) Tin: M $35.40 per kilo (down 2 cents) Official offering: 225 tonnes (up 12 tonne»)
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    • 95 4 THE STRAITS tin price in Penang yesterday fell 2 cents to M535.4i per kiio after holding steady at $35.42 on Saturday, still within the ITA ceiling range of $32.74 to $35.47, dealers said. The marginal fall was due to influential buyers' support which over-ruled last Friday's easier London
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    • 148 4 CHINESE Predate Exchange, Singapore, noon dotting price» per 119 kg yesterday. («TMiat «II: Bulk fob SU3.SO sellers, old drum (in second hand drum) fob $127.75 sellers, new drum fob $132.75 sellers. C«pr»: Mixed (loose) $66.25 buyers. Pepper: Muntok white pep per fob Asta NLW $365.00 sellers, Sarawak white
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    • 314 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.33, 100 per cent second class 1.13, 100 per cent third class 1.08, 25 per cent new crop no stock. B-10 per cent no stock. THAI BROKEN: A-super 0.75. Special
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    • 196 4 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) (•tWn yara: China Blue Phoenix 20s 2,445; 32s 2.960. 40s 3.100 (per bale of 400 lbs). Pkw* g—da: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 1031 4 COFFEE: Robusta futures yesterday ended the morning steady at £3 down to £4.5 firmer in some quiet trading, dealers said. Turnover totalled 1,632 lots, including 158 crosses 'and 44 options. Prices opened well below market expectations but improved gradually to stand £10 to £15 above last Friday's closing
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  • Page 4 Advertisements
    • 336 4 FURNITURE uiih Touch of Class 'LUXURY INTERIORS PTE. LTD. 321, Plaza SingapuraJ I XL Panafax Fscsimilc by Panasonic Creating images in communication. l This ad will be in Hong Kong, London, Tokyo* before you can finish reading it. With the high speed Panafax Facsimile UF-520 EX a standard A 4
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  • Page 5 Advertisements
    • 251 5 &e J rn-i ■i' m i 'V rj rmml y •>•' A 0 r V t,^ *> > < <••• *t d "v y, Wl m :>■ *sW*r*& wm*m, m mm *,*< 1 >', ■V mm w vm V' p «C "V <*>■*<> In foreign exchange the faster you are,
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  • OVERSEAS
    • 162 6 Reuter A PROPOSED US$5 7 billion loan by the IMF to India is running into delays because of US insistence that conditions for putting up the funding be much tougher. The loan, the largest ever considered by the IMF, was expected to be
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    • 584 6 NYT THE conservative economic policies of the Reagan administration, reflected in high interest rates and a tougher stand on aid to the Third World, have come under fire at a majoi' intergovernmental meeting in Washington of finance ministers and central bank governors from more
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    • 563 6 MALAYSIA'S trade surplus with Japan has shrunk alarmingly to a mere $200 million in the first six months of 1981, or to less than a quarter of the record surplus in 1979. The drastic change in the trade pattern between the two countries is
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    • 157 6 Reuter HONGKONG'S trade deficit narrowed in August to HKJ3II million from $1.57 billion in July and a surplus of $17 million in August 1960. Provisional Census and Statistics Department figures show that exports in August rose to $10.96 billion from $10.74 billion in July and
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    • 289 6 Reuter JAPAN plans to diversify its overseas sources of liquefied petroleum gas (LPG) 80 per cent of which is currently supplied by West Asia and expand future use of LPG. Ministry of International Trade and Industry (Miti) officials said the ministry wants
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    • 316 6 NYT SENATOR Paul Laxalt, President Reagan's closest ally in Congress, said on Sunday that he could see making deeper cuts in defence spending in 1982 than the president has proposed. But Mr David Stockman, the Director of the Office of Management and Budget, strongly opposed any further
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    • 288 7 Reuter PRIME Minister Zenko Suzuki told a special session of the Japanese Parliament yesterday that he is committed to slashing government spending to reduce the burgeoning national debt. He said: "I am resolved to steadily move one step at a time towards achieving a streamlined
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    • 235 7 Reuter AFRICAN leaders have allayed fears that the Commonwealth summit, starting tomorrow in Melbourne, could turn into a bruising showdown over sports links with South Africa. Senior conference officials said they are reasonably confident that backstage diplomacy by major Commonwealth nations would succeed in averting a
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    • WORLD IN BRIEF
      • 390 7 Agencies BRITAIN'S opposition Labour Party has rejected a left-wing challenge to its leadership by a margin of less than one per cent and re-elected Denis Healey as its deputy leader. The vote by 1,200 delegates, representing seven million party members and trade union affiliates at the start of
        Agencies  -  390 words
    • 193 7 AP TOKYO nwMeaU pay Ave times mare far beef Una 4« New Virkeri, bat a maderato-slae ear easts saly abaat three-faartha aa mack In Japan, according ta a Japaaese trading company's sarvey sI living easts la a major cities. Klichlra Ayaaa, spakesmaa
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    • 426 7 CHRYSLER SYNDROME AP AMERICAN trade unions, worried about pricing employers out of business and workers out of jobs, are willingly accepting pay cuts or a freeze in wage increases. Mr Wayne Horvitz, former director of the Federal Mediation and Conciliation Service, says the increasing business
      AP  -  426 words
    • 138 7 UPI INDONESIAN police are now using fast boats and helicopters to counter a recent wave of pirate attacks on ocean-going vessels in waters between Indonesia and Singapore. An Indonesian embassy official in Singapore said: "The marine police have stepped up patrols in Phillips Channel and
      UPI  -  138 words
  • Page 6 Advertisements
    • 1578 6 OPEN INVITATION TO AN "ENERGY SAVING SEMINAR" If you are concerned over how to save 20% energy consumption read on. on your air-con chiller, please Scale formation and other types of fouling have long plagued industries in which heat transfer inmAc? ?ys an ,m P° r l ar t ro,e
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  • Page 7 Advertisements
    • 184 7 VISIT AMERICA ON YOUR OWN from $2544 VANCOUVER ST PAW. RENO TAMO 6 TORONTO BUFFALO NIAGARA-*** 0 A WASHINGTON 0 C ANGELES/ OKLAHOMA CtTV Check our options: Do What U Want to Do $2544 Go Where U Want to Go $3533 Ken-Air has revolutionised travel to United States Here is
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    • 5 7 TO TOWN f 1 *T
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    • 106 7 The Telexmaster links to your Visual Display Unit. You've automated your paperwork Now automate your telex system with the Telexmaster And cut costs, unproductive time and errors The Telexmaster can not onlv be linked to vour Visual Display Unit, but also to your got (ball typewriter, word processor or computer
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  • 344 8 CONTRACTORS will now have a good reason to smile because the Government is increasingly taking heed of their need for assistance to enable them to mechanise their operations. The latest incentives announced by the Ministry of National Development should give the construction industry a lift,
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  • 276 8 WHEN IT first entered the industry, NTUC Income set its mind on penetrating gradually the life insurance market. After 10 years' experience in the business, the co-operative has chosen to diversify its services. That is the only way to stay ahead in this highly competitive industry.
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  • 1240 8  -  By FLORENCE CHONG THE BODY of a 21-year-old Taiwanese seaman was washed up on the beach of Australia's second largest coal-loading port, Newcastle, north of Sydney earlier this month. His captain and the local police believe he jumped overboard out of sheer frustration and severe depression from being
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  • 205 8 A REPORTER who covers the insurance industry runs a particular gauntlet. Insurance agents never stop trying to sell her life policies. WHAT'S in a name? If its toilet rolls sold under the brand "Rambutan", it's cause for concern. If you don't already know, the skin of
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  • 894 8  -  FORUM with LEONARD SILK "IN ANOTHER MOMENT," Lewis Carroll wrote, "Alice was through the glass, and had jumped lightly down into the looking-glass room. The very first thing she did was to look whether there was a fire in the fireplace, and she was quite pleased
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  • Page 8 Advertisements
    • 102 8 "II est des signatures auxquelles on tient." 1 i i u y I-'/ 5 "f ±'\tu A XII The finest of all classical watches, like the most beautiful jewels in the world originate on the most fashionable row of jewellers in the world, the Place Vendome in Paris. Signed Van
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  • Page 8 Miscellaneous
    • 1448 8 How the Left won the right LABOUR moderates ImhHird the S*rUJ Democratic Party *n Jan 24 1981. "Panorama: H«» The Left (eh 5, 19.11) raptures the events leading to thf controversies In the British Labour Party in 1981 aad how this polemic coimlnated In the r racial Labour Party Conference
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  • 225 9  -  r Letter to the Editor L A CHONG WEE LIAN (Mrs) (•r Permanent Secretary Ministry of Nttftul Development Dear Sir, We would like to elaborate on your article "Some owners against Shenton House move" and in particular on the plans for subdivision of Shenton
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  • 779 9  -  THE ONE-YEAR-OLD IRANIAN-IRAQI WAR Ayatollah Khomeiny of Iran will never admit defeat while President Hussein of Iraq is prepared to gamble for a quick victory. ROGER MATTHEWS and TERRY POVEY attempt to predict the consequences of the one-year-old Gulf War. ROGER MATTHEWS,TERRY POVEY FT AFTER 12 months of
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  • 734 9 THE GULF WAR has become just one of several wars, the internal war and the one to right the economy included, with which the Iranian regime, is currently contending. And. although in Teheran, the government insists that the war with Iraq has first priority, only the
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  • Page 9 Advertisements
    • 335 9 Youie looking at Manufacturers Hanover rushing to prepare for same-day settlement. As you can see. Manufacturers Hanover Trust Companyis ready and waiting for October 1. That day, the world's largest electronic funds transfer system for clearing international pay ments (CHIPS) begins settling transactions on a same-day basis. Of course, you'd
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    • 781 9 Rent yourself some RELIABILITY Superior engineering and operational reliability enhanced by constant care and maintenance. S M s franchise obligations plus a full-fledged workshop and service assure you of a Volvo in peak condition. And reliability when you need it most. *****8&*****54 S M CAR RENTALS (A Division of S
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  • INTERNATIONAL STOCKS
    • 598 10 NYT FOR YEARS, institutional investors have found the Japanese equity market to be the most attractive one abroad. But if portfolio changes at a Boston-based international fund are indicative, European markets may be drawing off some money now committed in Japan. Until recently. Keystone International, a
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    • 146 10 NYT THE GRUMMAN CORP, a leading manufacturer of military aircraft, and the largest private employer on Long Island, said over the weekend that it had rejected a US$45O million takeover offer made last week by the LTV Corp. But LTV, a Dallas-based conglomerate that is also
      NYT  -  146 words
    • 126 10 THE CHAIRMAN of thr UK state-owned British Steel Corp, lan MaeGregw, said employees manpower will be slimmed further to avoid further works closures. la a letter to employees, Mr MacGreger said It remains his Intention to keep all plants open, hat added "to do this
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    • 404 10 Reute r BRITISH share prices are likely to drop further after a record plunge in the past two weeks, financial analysts said over the weekend. Concern about rising interest rates and the apparent failure of nations to get to grips with inflation would continue
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  • Page 10 Advertisements
    • 237 10 "The American Express Card serves you well, wherever good food is served". iere to w €\C ...I 11 Getawav to Sentosa an? 9 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 THURSDAY (except
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    • 173 10 i Jubertusf Srill For lunch. For dinner. For a richly rewarding experience. /iusint'vsmt'M s l unch Moruhii f<» I ruiny SJ'';>() 1() st'rfict iluirtje <vsn /(irunt'sc Hnstufft'l .Sufim/m. <V .Suni/iU' >i/ >(' 10 st'rnce charijc .'i n'ss \SjJ C <>ultir> I' 3 n*k i« -i-jiH »i i i i££>i| m
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    • 207 10 lIVI rn K I S I I H Before vou flv away to foreign lands, check-in vour bags then seek our rhc Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superb international cuisine vou've ever tasted. Lunch 12 ncxm pm Dinner 7pm 11 pm
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    • 172 10 See page 13 for Asian stocks Inn Of Happiness •!sp 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. |SS| HKOON
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    • 100 10 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 Oncrifcl 214 Dunearn Road. Singapore 1129 Tel: *****49,*****22 ext 126 Delectable STEAMBOAT Cook 'n' eat pleasure by the poolside under the stars The fun way to
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  • BANKING AND FINANCE
    • 199 11 FINANCE ministers of several leading industrial countries are becoming increasingly concerned over wild fluctuations in exchange rates, but have found no new solutions to the problem at the annual meetings of the International Monetary Fund in Washington. The IMF's policy-making interim committee said in a statement the Fund's
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    • 290 11 THE RECENT widespread slide of stock market prices has predictably damaged prospects for new convertible Eurobonds, further reducing the attraction of the Eurobond market for investors, bond managers said. For many months, high interest rates on short-term instruments have deterred investors from placing much money
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    • MONEY AND EXCHANGES
      • 472 11 THE FOREIGN exchange market continued its trendless movements yesterday, with erratic fluctuations in most major currencies. Trading in the Singapore dollar was the most steady, opening at 5J2.L250 against the US unit. The US dollar weakened slightly to $2.1230 40 but the bulk of the trading was done
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      • 214 11 THE US dollar for overnight delivery closed firmer at 231.95 yen yesterday, compared with a 230.50 opening here and 230.30/50 closing in New York and on the West Coast last Friday. This was up from a 227.80 closing here last Friday. Trading volume was a fairly active at US$l.25
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      • 146 11 THE US dollar opened slightly below Hongkong highs here yesterday but showed gains of more than three pfennigs against the mark compared with Friday, in the wake of gains in New york on Friday and in the Far East yesterday. The US unit opened at 2.3540/60 marks compared with
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      • 22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.7 per cent.
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      • 187 11 ASIAN RATES ASIAN currency deposit interbank rates as at close on Sep 28. US DoQan(Spot) Offer Bid 7 days 15 14* 1 month 16 13/*****1/16 2 months 17 3/16 171/16 3 months 181 18 6 months 185/16 183/16 9 months 171 171 12 months 171 171 8w.Fr*. Dmt (Middle Price*)
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      • 50 11 RANGE ot prices offered by discount houses on Sep 28: Overnight: 7*? Call deposits: 6 T »"ft to TO ctiriu Buying Selling 3-month Treasury bills 6 S> 6'« 3-month Bank bills 14 S 14'-» 3 months CD 13H 13 1 6 months CD 13* 13>* Source: National Discount Co
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      • 149 11 THE US dollar firmed against most major currencies in late active trading yesterday. Dealers said the US unit was partly supported by market concern about developments in Poland where the final phase of the Solidarity national congress was underway. The mark fell to 2.3550/70 to the US unit from
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      • 254 11 SINGAPORE gold futures yesterday closed sharply lower compared with last Friday's close in light trading, dealers said. Prices were marked down sharply by between US$l9 and $21 an ounce at the outset following the metal's sharp fall in New York last Friday, then held steady during the morning's trading.
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      • 42 11 FVi Tkar* New York 8 65B 9 MB Zurich 8 85S 9 45B mm 9 65S Mm 10.22S W Singapore 8 50B 9 55B 8 70S 97K Closing price! i in US dollars a troy ounce. Source: Credit Suisse, S'pore.
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    • 319 11 THE BIGGEST problem commercial banks fact in lending to small scale enterprises is that they lack a proper accounting system and poor financial planning. It is difficult for the lending bank to assess the profitability and viability of the business if the balance sheet
      319 words
    • 346 11  -  By LEE YOKE MENG AFTER concentrating slightly over 10 years on the life insurance market, NTUC Income is heading towards an equal build-up of general and life accounts. One of the leaders of the life insurance market here, Income, cornered a quarter of the total life
      346 words
    • 148 11 BANKING services may be the same far each aid every teak. Bat practice» cm vary signtflcaatly, especially hetweea small aad maltinaUsaal baaks. Ts kelp gaverameat •facials aad ether executives iderstaad better the •perattsas at malttaatfaaal baaklag, the Natlaaal I alverrity sf Siagapare «111 •rgaalse a warkshap aa
      148 words
    • 36 11 AUSTRALIAN sagar aad eaergy graap, CSR Ltd, has arraaged saaeeared laaas tatalllag ISS«M mililea fram six aeaarate baaks. The facilities will eaver the esmpaay's $stl mllllsa hid far Delhi lateraatlaaal Oil Lid af Texas.
      36 words
  • Page 11 Advertisements
    • 231 11 nrn kill Immediate benefits are yours with the new skills and technique* you acquire at these results-oriented programmes Find out why audiences throughout Asia as weM as every maior city in the world consistently acclaim these programmes as higWy rewarding learning experiences WANT TM DCTAIta? Our twelve page brochure has
      231 words
    • 3 11 Leader page 8
      3 words

  • 1706 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL ft COMMERCIAL Acma (2-806)
    1,706 words
  • 194 12 SINGAPORE UNIT TBI ST DIAMOND MOT 1 STOKE The Commerce i* nep W) 280 2.M i Maanfrrr yriM DtamoaF tar hf 8) The Savings Fund 1.6 1.70 Spore Pd (US) 0 85 0.8 S pore Prog Fund 122 1 28xd SI S pore Sec Fund i.r 196 (An*)
    194 words
  • 2759 12 Gr's Gr's Net 1981 Last Div Div Y'ld P/E Vol Day High Lew Company Sale CVr rooo) Higk Low 8ECTION ONE INDUSTRIAL COMMERCIAL 494 266 Acma 280cd -5 14.5 12 5.1 10.0 1 280 280 Alcorn 144 43 2.0 13 243 390 130 AlUed Choc 151 -2
    2,759 words
  • 1862 12 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 INDUSTRIALS Aleaa (IMS) ni A Chat (1) 1 SO (1) 1» AMD
    1,862 words
  • 38 12 CITY Developments has incorporated a subsidiary, City Warehouse, to develop a piece of land in Singapore. City Warehouse will have an initial proposed paid-up capital of 18 million and an authorised capital of $10 million.
    38 words
  • 137 12 SIM LIM lavestmeata: Seventeenth AGM to be held at 15th Floor, Sim Lim Tower, 10 Jalan Besar, Singapore on Sep 29 at 10.30 am. J HUONG tomcat Limited: Eighth AGM to be held at the Conference Room of E G Tan k Co, Suite 801, Ocean Building, (8th
    137 words
  • 812 12 SHARP deellaee te overseas ateek markets nat akare prieee rrrhag yesterday despite a mild meralag rally. 1> Heagkeag, He Haag Beag ladex last IM.7S palate ta 1,245.M, the biggest fall alaee April IVII whr* wrU market! were la ibarray. The Takye market alae ■»w Ita akarpest fall
    812 words
  • 514 12 PRICES eased on a broad front at the Kuala Lumpur stock market yesterday on poor interest while volumes fell further. There was little interest for the better part of the session as investors were hesitant in view of the downturn on major overseas stock markets. All sectors
    514 words

  • COMPANY NEWS
    • 315 13 DESPITE a dismal first six months this year, Bousteadco Singapore remains hopeful that it will do better in the second half-year. "I believe that the second half of 1981 will show a considerable improvement but the current forecast indicates a possible 10 per cent shortfall in comparison with
      315 words
    • 189 13 SENTOSA Plywood seems very unlikely to return to profitability in the current year. The group ran up a loss of $370,000 in the first half year ended June 30. This, however, is an improvement on the previous interim's loss of $676,000. The parent company's loss was
      189 words
    • 161 13 SINGAPORE Fodder has turned in pre-tax group profits of only $361,000 for the first six months of this year compared with $739,000 previously. After taxation, profits were down to $76,000 from $419,000 in the six months last year. The poorer performance was largely attrubuted to heavier losses
      161 words
    • 641 13 UNAUDITED group pre-tax profit of tile maker and emerging property group General Ceramics slumped 42 per cent to $381,948 for the six months to June 30, 1981. Sales were up only 2 per cent to $3.35 mil>on. General Ceramics attributes the poorer performance to higher production
      641 words
    • 274 13 HIGHER costs have obviously slowed down Matsushita Electric (Malaysia)'s profit growth in the first half of the current year. The electrical home appliances maker produced unaudited pre-tax trading profits of M 55.595 million in the first six months to endJune 1981, an increase of only 11.6 per
      274 words
  • ASIAN STOCKS
    • 29 13 H.K.HANG SENG Monday 1245.28 Friday 1351.01 Week Ago 1431.88 AUSTRALIAN INDUSTRIALS Monday 6T2.4 Friday 684.7 Week Ago 691.7 ALL ORDINARIES Monday 563.5 Friday 584.2 Week Ago 600.2
      29 words
    • 129 13 THE STOCK market closed weak yesterday as mining joined commercial/industrial and oils to close lower. Turnover fell to 1.2 million pesos from 1.8 million pesos previously. The lone gainer was Seafront. Among losers were Lepanto, Oriental B and PLDT while other counters were untraded or unchang- SEPT a Fen•
      129 words
    • 213 13 HONGKONG THE HANG Seng index yesterday suffered its biggest drop since April 1973, closing 105.75 points lower to 1.245.26. Dealers noted relentless selling in what one called a "totally demoralised market," sending share prices tumbling following the sustained weakness on Wall Street. Haag Seng Index: 1,?45.2* (-116.75)
      213 words
    • 272 13 THE ALL-Ordinaries Index registered the biggest oneday fall yesterday since the Australian indices were introduced in January 1960 on near-panic selling at times, triggered by Wall Street's continued downtrend. The index fell 20.6 points to 563.5. The market is now at its lowest level since May last year.
      272 words
    • 435 13 THE STOCK market average lost a record 302.84 points on a rush of stoploss selling by smaller investors in margin trading to close at 7,037.12 points yesterday. The previous biggest fall of 245.65 points was recorded on Feb 2, 1973. The average fell to
      435 words
    • 110 13 STOCK prices closed generally lower in slow trading yesterday. Siam Cement and Siam Credit fell two baht each to 161 and 64 50 respectively. First Trust and Saha Union closed unchanged at 50.25 and 144 baht. SEPT 2B Bahta Asia Fibre U* 4 Aruthaya In» And Trutt K unch
      110 words
  • Page 13 Advertisements
    • 48 13 This announcement appears as a matter of record only. ASIAN-DOLLAR ISSUE 29th September, 1981 THE MITSUI BANK, LTD. Singapore Branch US $15,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 28th September, 1984. Managed by MITSUI FINANCE ASIA LIMITED CREDIT LYONNAIS (SINGAPORE) Agent Bank CREDIT LYONNAIS (SINGAPORE)
      48 words
    • 329 13 U5520,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit due 31st March, 1983 THE MITSUI BANK, LIMITED (Singapore- Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the six month interest period from 30th September, 1981 to 31st March, 1982, the Certificate will c:JTy
      329 words

  • Chief Price Changes
    • 148 14 Rites Indices .j Dunlop Eat C Propertiea 480 570 60 20 BT Indicator: Sep 25 Sep 28 K L Industrie* 360 10 *****1 *****3 U I C 216 6 Industrials: 666.04 650.81 B Ray* 615 5 Finance: 1432.78 1404.64 BAT 188 5 Hotels: 1065.67 1039.87 Guthrie Fed Cablea 424
      148 words
    • Article, Illustration
      165 14 PRICES (eU heavily acnes the board en the Stock Exchange of Singapore yesterday following the trend of world markets. The Straits Times Industrial Index was pared 15.23 points to C 51.81 while the Business Times Indicator of the day's 19 most active stocks shed 6128 points to *****3.
      165 words
  • 346 14 HOTEL Mare* Pale Ltd I* ceafideat that It will easily achieve ita earlier fweeut ef $C mIUIM la after-tax pr*flta far the earreat year. At hatfttme, Ml Its pretax aad after-tax earnings have trebled ever the previni laterlm. The eempaay has apparently tared better
    346 words
  • 318 14 ■SB! Companies Editor: Mano Sabnani HONG Leong Industries Berhad (HLI) has greatly exceeded expectations, turning in a bumper profit of M 520.21 million in its financial year ended June 30, 1961. The company, which set out a profit target of $8.5 million pre-tax in its rights
    318 words
  • 501 14  -  By HSUNG BEE HWA THREE entrepreneurs with substantial interests in Malaysia are behind Sparlstream Investments Ltd, the Hongkong company which is mounting a takeover bid for Renong Tin Dredging Company. Informed sources say Sparlstream plans to revitalise Renong Tin through the injection of more assets into
    501 words
  • 789 14 LONDON, Moo. A two-week drop in share prices on the London Stock Exchange turned into a rout today with stock values plummeting and dealers describing the sell-off us "mass hysteria". The Financial Times index was down 22.0 points to 457.2 shortly before the close, a drop comparable to
    789 words
  • 51 14 AP NEW YORK. Mon Stock prices, already at a 16-month low, plunged In opening trading today following the worst one-day price drops on markets in London and Tokyo. Hie Dow Jones average fell 14.27 points to 809.74 in the first half hour. Declines led advances 15 to 1.
    AP  -  51 words
  • 177 14 HONG Leong Holdings (HLH), which is offering to acquire the entire issued share capital of Hume Industries (Far East) Ltd, is now in control of 76.22 per cent of the company. Last Friday, HLH received acceptances in respect of a further 8.2 million
    177 words
  • 55 14 PAN Electric Industries shareholders have approved the sale of its wholly-owned subsidiary. Pan Electric Appliances Pte Ltd, to Acma. The shareholders have also approved the change of the company's name to Pan-El International Ltd. An ordinary resolution was also passed in relation to the creation of an executive
    55 words
  • 35 14 HAW Par Brothers International has said it hopes to issue a detailed announcement on the proposed merger of Setron (Malaysia) Bhd with Scott A English (Malaysia) Sdn Bhd on or about Oct 6.
    35 words
  • 227 14 ONE OF the companies recently taken to task by the Stock Exchange of Singapore for not returning share certificates to its shareholders on time has given an explanation for the delay. Hong Leong Finance, replying to the SES, said that all scrip sent to the
    227 words
  • LATEST RESULTS
    • 63 14 has made a 42 per cent jump in its pre-tax earnings to $2.94 million. Sales turnover was $22.7 million for the six months to June 30 compared with 518.7 million previously. The improvement was a result of steps towards rationalisation. Profit for the second half-year is expected
      63 words
    • 99 14 has reported a fall in pre-tax earnings to a meagre $506,681 in the first six months of this year. Earnings for the previous interim was $3,749 million. Gross sales dropped by a marginal 2 per cent to $26.55 million despite an increase in production capacity. The company
      99 words
    • 122 14 said demand for logs and timber has weakened in the first three months from June 1 to Aug 31. The poorer demand is the consequence of continued recession in the construction industry, Tltere is no sign of an upturn in the market as yet, although prices
      122 words
  • Page 14 Advertisements
    • 17 14 AVIS. HERIZ. SINTAT. BTW. BTW? BTW The car rental company you've never heard of. Phone: *****30,*****24,*****7 (m)XTF
      17 words
    • 170 14 CHAMPS The key to efficient CHAMPS is the complete hotel system, providing fully integrated front hall, guest relations, back office support, hotel services, departmental management and hotel administrative functions with interfaces to a range of food and beverage point of sale terminals, automatic telephone billing, security, and energy conservation subsystems
      170 words
  • Page 14 Miscellaneous
    • 57 14 Outlook for Singapore from 6am to lpm today: Mainly fair. Report for 24 hoora prior to 7JI pm on Sep 28 at the airport: Maximum temperature 32.5 Associated humidity 65 Minimum temperature 24.1 Associated humidity 93 Hours of sunshine 9.15 Rainfall in millimetres Nil Total rainfall for the month 100.3
      57 words

  • SHIPPING TIMES
    • 165 15 AN AMERICAN US$l7 million computerised system to supervise and direct navigation is now in operation at the Suez Canal. A canal authority spokesman said the network will replace pilots who direct the ships manually through telephone contact with 11 stations on the 101 mile-long waterway.
      165 words
    • 529 15 ANTOLL Lines, which has been providing a regular Austra 1 i a -Indonesia-Singa-pore service since November last year, has ceased its operations. The line has been incurring losses since its inauguration, with debts believed to be in excess of US$lO million. The telling blow to
      529 words
    • PORTSIDES
      • 121 15 AFP THE Japan Shipowners' Association (JSA) said that its members control a combined total of 2,069 ocean-going vessels aggregating 83,972,000 deadweight tons, or five vessels less than a year ago, as of April 1 this year. The JSA also announced that its 201 member shipowners were operating
        AFP  -  121 words
      • 126 15 AP NINE persons were reported missing and two others have escaped alive from a 60-ton cargo ship that caught fire near the Tarn and Tambur islands in the Moluccas last week, the Antara News Agency said. The missing persons were all crew members of the boat, including a
        AP  -  126 words
      • 47 15 THE Ship and Goods Form (SG), a traditional maritime insurance policy in the London market, is being revised to clarify its wording which is difficult to interpret internationally. This move is partly in response to complaints by the United Nations Conference on Trade and Development.
        47 words
    • 610 15 Shipping Liae Page C4 Achipelego vn Afea VI Afro-Eurasia VI All trans vn Alpac VI Angkutan VI Angonave V ANL I APL m Argentine IV ASCL m Asia Merchant VI A astasia Line V Australian Coat VI Bait-Orient vn Baltic V Bangkok Cant VI Bangladesh VI Bank
      610 words
    • 483 16 ARRIVALS KEPPEL WHARVES Atrevida (after Siena) 31 32 Clydebank (1930 after Car Liner No 1) 1/2 Car Liner No. 1 (RO RO) (0400) 1 2 Golden Venture (1800 tide after Koheng) 18 Hong Joo (0700) 23 Kim Soon Li (0700 after Equator II) 22 Lumut (after Perak)
      483 words
    • 861 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy No. Estimated Time of Arrival Date Time Shipping Lines Gdn Mode of Operatn Asian Pallas 5301 Maersk Mango 8104S Leise Maersk 8110 P. Roosevelt 95 Addiriyah 16 Chengtu 7S Jenhol 13A/81 Sophie Rickmers 24W
      861 words
    • 1638 16 I RATES ARE continuing to move higher on Friday for grain business from US Gulf to Europe with US$lO 75 being paid for a cargo tor Antwerp Hamburg compared with $10.50 previously. A vessel from the Gulf to Bilbao received $12.75 while $32.50 was agreed from the Gulf
      1,638 words
    • 818 17 Reuter AT THE port of Aqaba they 'are not actually celebrating the first anniversary of the Iran-Iraq war, but officials have a quietly satisfied look. The outbreak of the war, on Sep 22 last year, looked as if it could mean a new world
      Reuter  -  818 words
    • 163 17 US NATIONAL Caal AancUlln wmlnr m caal traaapertatiaa September 29-30, Royal Orleans Hotel, New Orleans. Scatnie Academy seminar m skip finance September 29-October 1, Vista International Hotel, London. CaalTraas HI September 29-October 1, Ist Coal Trade, Transportation and Handling conference, The Royal Lancaster Hotel, London. First Self Imruee
      163 words
    • 611 17 Lloyd's List OWNERS of a growing number of older combination carriers are dropping out of 011 trading rather than pay the price of the safety regulations involved in that market. In many cases, the "conversion" of the vessel consists simply of a reclassification
      Lloyd's List  -  611 words
    • 1149 22 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      1,149 words
    • 186 22 THE major shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      186 words
  • Page 15 Advertisements
    • 402 15 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS See Page V Orient Overseas Ca*Uci*teA Line FULLY CONTAWERBED SERWCE TO EUROPE (VIA SUEZ) cut** fcemerhawn atter Hamburf •CtosJit Tira« (S pore) 5 Tit FULLT CONTAMMSED SERVICE
      402 words
    • 266 15 lISEALORDH UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES Al SALMAN V 37 Al MJBMMWH < 35 EnTijaiooraTToTThii W faim (It/10). Kuwait (19/10). Dammam (72/10) Dub* (25/10). Abu Out* (28/10) 5 Dammam (26 10) Muu Al FtW (3/11) FULLY CONTAINERISED SERVICE M. Htrrrut v.ic Dubai 9/10) Kuwait
      266 words
    • 20 15 m CONTAINER Schedules II SHIPS In Port II LONDON Freights 11/111 SHIPPING Events 111 SHIPPING Schedules VIII REGIONAL Weather VIII
      20 words
    • 360 15 J*o FESCO LINES IZ- FAR-EASTERN a SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA 6 CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO U.S. PACIFIC. GULF. ATLANTIC, EAST CANADA. ASIAN PORTS 2^3222 ew York Philadelphia 'SWGAPQRt CLOSING IMS
      360 words

  • Page 16 Advertisements
    • 906 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Container Serwce To Europe B e nS«l» P fE 2) RH™ 3) Hburg 4) Gburj o DAHLIA Sailed N DEJMAA In Port
      906 words
    • 181 16 < l i SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA s/u ivu vu vu I vu I a/u "•AJWE* TAT" Oct IS. "BAftSER TENNESSEE" Oct a IMIBOI TOBA" NO 2 TO: PANAMA US ATLANTIC EAST CANADA US GULF U/U IVU 1 vu I a/u I I 1/1 7/i
      181 words

  • Page 17 Advertisements
    • 764 17 OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok f CONTAINERSHIP SERVICE FROM UK CONTINENT BANGKOK AGENTS: BORNEO SERVICES LTD. BANGKOK TEL 234-1622 (5 IMS) ENQttCS: *SMCAPORE CABM PAS3ENGEJ& TP. >3171 A joint service ot Ben Line, Ben Ocean Blue Funnel, Glen Line and NSMO
      764 words
    • 245 17 runi Spare P Mam BWu MONT BLANC MARU 1 Oct 2 Oct 17 Oct HAM!* MARU 10 Oct 11 Oct 7S Oct CXVAICR OE HOIS 77 Oct 73 Oct S No. CNEVALER VAIHLIE 77 Oct 7t Oct 17 No. OMLX PIONEER 31 Oct 1 Not It No. MPPONCA 13 No.
      245 words

  • Page 18 Advertisements
    • 777 18 Hapag-Lloyd toe accept* t/ansfirpment cargo tor CARIBBEAN WEST MOltS ..a Hamburg TO MEWTEWUWEA TW HK S pore P Xelang Genoa Mont Banc Maru 23 9 25 9 30 9 1/10 19/10 HakataMani 5/10 7/10 10/10 11/10 3110 Chelator Do Bhs 11/10 18 10 ?M0 ?4 10 6 '11 P°' e
      777 words
    • 534 18 KOREA Lift SHIPPING CORPN P. Kelanj PENANG S PORE ALTAR 167W 7-10 Oct 1113 Oct 4-7 Oct ALTAR 168E 7-10 Oct 11-13 Oct 4-7 Oct TO BU VEGA 165* 22-25 Oct 26/28 Oct 29 Oct-1 Nov FROM I BANG* VEGA 166f 22-25 Oct 26-21 Oct 29 Oct-1 No* TO BUS
      534 words
    • 559 18 E EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG Fa i ICt CARGO FOR Sp«e leddati Hj*bw| Fe*itto«» Rotterdam Antwerp It Havre v» 27/11 n/lt 31/10 2/11 «/ll i!' 1 25/11 5/11 7/11 »/H jyi; W/ll lt/11 11/11 20/11 22/11 liti tifM 31/10 12/11 23/11 25/11 27/11 20/11 30/11 ALSO ACCEPTING
      559 words
    • 861 18 Everett Lines! Burrrm Fiv« Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON HIUtUWTH* nttSHNfcuvrm PI Ml PMM S'pn P HatMf mim/i Oct 2/5 Oct 1/4 Oct t/i Oct r»t* m Motoysio BOUSTEAD NOS KL *****1/*****3 Cempame ArfMtMt D« Nimmcmd Imwwmtaatiul A S C.I.P. entremosi "ARGENTINE NATIONAL LINE" LOADMG F«
      861 words
    • 274 18 smrrimi nrara, mesday, September 25,1981 [UO. STE. OCEAN SHIPPING ENTERPRISES PTE LTD m SANKYO LINE JAPAN/STRAITS SERVICE vai KARACHI SERVICE ■WPORf fMOJK PDMNE LOW FOR SOUTHERN CROSS I to Part WRTDI MAMO 15-11/11 KARACHI 17 11/10 KMACH MHB S C OR ocean 9wmc t ommwti pie ire m *****44/7 t
      274 words

  • Page 19 Advertisements
    • 871 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL KOTA SAHABAT KOTA SAHABAT KOTA SAHABAT Accepting LCL Cargo to Colombo Aqaba. S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' EAST AFRICA/REDSEA SERVICE Singapore PK»iang P*nang KOTA 20/25 Oct JATI Loading (or: Daraasalaam J*ddah. Hod«<d«h Port
      871 words
    • 867 19 I Pww^fawp* BENLINE CONTAINERS EXPRESS COMAKER SERVICE TO/FROM EUROPE HBURC B HAVEN ROAM KAWf SOTON Sport P AHanf M Germany/ Austria Am«trp franctUUA M/ 9 15/10 21/11 22/10 24/11 25/11 »/10 H/10 23/11 25/10 10/10 /W 31/11 24/11 il/M 13/10 2/U 4/11 5/11 7/11 31/11 ,7 w VII 11/11 11/11
      867 words
    • 778 19 Scan Dutch 9 WEEKLY EXPRESS CONTAINER D/UK/NC/SCAN SERVICE a t X 3)Hta|4>c-M| Acctptmf iw 11 Barctlona Genoa L«fHo<» 2) tmHitom Antatrp L( I l.rtrpool U« C*i»t Islands 3) Bremen liwM" Aarl<«i Copenhapn MetjinAi 4) t M leedei 'rati Ken#** carp tor Banpot P U»| Deter to Nedtoyd fAC Pen** tor
      778 words
    • 549 19 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) SPORE R'DAM HULL HMBG CLYDEBANK In Pt 24 Oct 28 Oct 29 Oct SANTA ELENA 16 Oct 16 Nov 25 Nov 20 Nov FORTHBANK 4 Nov 29 Nov 3 Dec 6 Dec (Deep Took Spoce Available) Lukes/
      549 words

  • Page 20 Advertisements
    • 874 20 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEEDER VESSELS* PK Nod til VlO 2C/ fundi Ace VI? 30/ w t* tn 4uan Patai V 53 E«fer tod* vnuh jfeo avaiablt on request s ar-rsas. JAPAN-STRAITS-JAPAN I?! essel l>o,e Penang P Helang j Spore Tokyo Nagoya
      874 words
    • 703 20 vie CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Im** tar LOS ANGELES SAN FRANCISCO SEATTLE lACOMA VANCOUVER B C Accaptnf FCL/FCL Cwrtantri P Kelanf S<nfj«of« I Anttin 'V6MVA PMMAL" n sa* »Sa* H Oct AUSTRALIA EXPRESS CONTAINER SERVICE mm* roar "RAIRDAS" Accepta* FCL FCL Canlarart P Man| S pore MHb
      703 words
    • 415 20 SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING 9111?? 13 LtNESI GENERAL *****1 (14 UNESI TERMINAL OFFICE ???3b83 TEItX RS ?4596 RS ?SS6B A B CARSHIP CABLE CARGOSHIP Kc<|ioiial Container IJucs WEEKLY CONTAINER SERVICE to/from BANGKOK AL\ SINGAPORE ISLANDS USE ■»!——!> MIDDLE EAST REGULAR LINER A
      415 words
    • 578 20 KORINS MARITIME SERVICES" 1 ITU Room 601. ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDOIi EAST/RED SEA/EUROPE SERVICES Shipping Co. Ltd. ASIA MERCHANT MARINE ASIA EE HO ASIA NO 12 ASM SAMHO Spore P.Keiang 1 Oct 10 Oct 30 Oct Loadng for Dammam/Kuwait Damnum/Kuwait Damnum/Kuwait
      578 words
    • 692 20 INTRASEA (PTE) LTD. Suite 2616 International Pta/a Arson Rd Singapore 0207 Tei 224b5'1 iloL>nesi BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE FULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE A FDEUTY ENDEAVOUR H»( KMc/KMIMK/Buua Takafcama/Oiaka -itbkea (PTE) Itd Boons Z2«ssii i tmwk mm mm mtit ■mi OKK3EAS
      692 words

  • Page 21 Advertisements
    • 603 21 NEPTUNE ORIENT LINES TO EUROPE/UK (VIA SUEZ): A. CONCORD IN. C. PAUL 28W K CHANCE ML. C. ROZE 26 N S.S. BUDGE 33N. TN BMDfiE 1N.... N JADE 4 N Also accepting cargo to/from Scandinavia C. PAUL S pore Closing Times. FCL Cargo 0400 4/10 LCL Cargo 1600 3/10 FROM
      603 words
    • 663 21 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALDIVE PROMOTER 10/10 15/10 Loading For Hodetdah MALDIVE PROGRESS 10/10 15/10 Loading for DUBAI/BAHRAIN KUWAIT MALDWE PRIZE In Port Sailed Loading for Hodetdah MALDIVE IOGHBOIU 15/10 Loading For Jeddah MALDIVE NAVIGATOR In Port Loading For Mukkalla MALDIVE NATION 30/9 Loading For
      663 words
    • 730 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUR.DMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SMSOV SINGAPORE Tefci Numbers RS 213*0 RS ***** RS ***** P KO MC rows M/S SHMKAT NAM SOON SON. BHD IST ANO ?NO F1004? USSRS Ml THONG SWfIK 73
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    • 105 21 M PEACE LINE f r> UNDERPRISE PTE LTD Li/ IA MOUNT FAMER ROAD (MM) J TEL: *****M/9 AUSTRALIA: SYD, MLB. BRB, ADEL, FKEM VESSEL ETA PEACE I 4.10.11 PEACE I 1110J1 NEW ZEALAND: AUCKLAND. NAPO, NELLUGTON VESSEL ETA PEACE A 16.10.11 PEACE B 7.11.11 ALSO ACCEPTRG CARGO FOR HONG RONS,
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  • Page 22 Advertisements
    • 239 22 EGYPTIAN INTERNATIONAL LINE (EH) CM SUM) PTMMBS I NU U INTERNATIONAL LINE (EH) EGYPTIAN r LAG DIRECT UNER SERVICE TO EGYPT (PORT SJUD ALEXANDRIA) STOK fT. SUEZ PISM) Mi I 101 1 Oct II Oct 24 Oct 27 Ocl II *JT 21 Oct 21 Nn 13 Hn 17 Nm WT
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    • 337 22 Kline kinkaiJ KAWASAKI KINKAI KISEN KAISHA, LTD. JAP AN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe S pore Penang P Kelartg Spore Tokyo Hot* NOTOSTAR Vt 29/9 30/9 11/10 13/10 14/10 11/10 29/10 31/10 NOROBAY Vll 7/10 9/10 19/10 20/10 22/10 23/10 6/11 4/11 NOTOSTAR V 9 29/10 30/10 10/11 13/11
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    • 228 22 FH S. SUMHSC S. PMNCC SAUDI ffi LINE Regular Conventional Service ■■ifi fcrrTfia'^mTrr r Di Loodnq tor DUBAI, DAMMM. JEDOAH TL TWMS HTM SON M T* *****4/414J00 TUNtt SfT* SKMIt H7J7S TRANSTIMBER LINE BULK TIMBER SERVICE EVMKELOS D. h Port 30/9 2/10 Trfcsto, Monfafco Sjiomo. Mdah DERBY 10/10 25/10 27/10
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    • 376 22 JOHORE SHIPPING \jJT 153 JAIAN TENGKIi BADAR PORT KELANG SELANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Eipress Unttoad Service from P. Kefang East Malaysia Brunei HAYATI V: 14/11 HAYATI V: 15/11 HAYATI V: 11/11 HAMDAH V: 16 81 HAMDAH t. 17/11 HARDAH t. 11/11 mm V: l/ti MM V: 2/11 AMI
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    • 158 22 APPOINTMENT TECHNICAL SALES/SERVICE ENGINEER Gomien Singapore require additional staff to promote sales of specialty c hemic oh and to render technical services to local industrial users ond to international shipping at Singapore Those with experience m soles of specialty c hemic ok or having marine technical background w* be given
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  • Page 22 Miscellaneous
    • 167 22 'J Regional Weather < •i i 27 oi r r* <? s J &•> >5 A < u V A s y» a M fig SH Pi U'.i A s kJ LLl£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. legend: R Thunderstorm Temperature °C Shower Weather Wind
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