The Business Times, 7 January 1982
1982-01-07
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The Business Times
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Title Section10 1982-01-07 1 BUSINESS TIMES M.C.(P) No. 93/1/82 THURSDAY, JANUARY 7,11« 60 CENTS10 words
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312 1982-01-07 1 SINGAPORE Airlines performed better than expected for the first seven months of its financial year beginning from last April. The chairman of SIA, Mr J Pillay, said this in a new year message published in Outlook, the house newspaper a 4 the SIA group.312 words
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Article271 1982-01-07 1 THE ART of government is to get the maximum out of everyone for society, by acknowledging differences in people and their natural urges to be better than their fellows. Everyone is encouraged to give of his best and gets in return his fair contribution271 words
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Article460 1982-01-07 1 LEE YOKE MENG - By LEE YOKE MENG THE LOCAL distributors of Pony cars and Singapore Finance (Sinfin) are about to launch one of the most competitive ftnanrtng deals in the hire purchase business. From Saturday, buyers of Pony cars can obtain one to three years of financing from460 words
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360 1982-01-07 1 ALVIN TAY - By ALVIN TAY KUWAIT Asia Bank, a joint venture established to provide opportunities for Arab investors in East Asian markets, has been granted an offshore banking licence. The US$3O million institution, with headquarters in Bahrain, will be the fourth Arab bank to operate an offshore360 words
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Article70 1982-01-07 1 BANK of Tokyo yesterday lowered its prime lending rate by 0.75 points to 11.75 per cent. This puts the bank's PLR on a par with Citibank and Chase Manhattan R»nk but 0.5 points higher than the top four local banks The Business Times' average prime of70 words
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356 1982-01-07 1 THE WORLD recession has not spared the local textile and garment industry and sales have dwindled noticeably. Last year's gloom for the industry is likely to remain for a good part of this year as there is still no sign of economic recovery356 words
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BRIEFLY...
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Article51 1982-01-07 1 AP BELFAST, Wed. The British government today announced a £90 million boost for the ailing economy of Northern Ireland where one worker in five is unemployed. Northern Ireland secretary James Prior said the aim was to create 9,000 jobs and help restore political stability in the British province.AP - 51 words
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Article85 1982-01-07 1 Agencies TOKYO, Wed. Japanese Prime Minister Zenko Suzuki today accused the Soviet Union of involvement in Poland, saying that Japan like the United States, believes Moscow is responsible for the imposition of martial law in Poland. Meanwhile, the fate of Solidarity leader Lech Walesa is still largelyAgencies - 85 words
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Article69 1982-01-07 1 AFP KUALA LUMPUR, Wed. Malaysia's second giant trading house based upon the Japanese "sogososha" system, was formed today by two government-backed agencies and two public-listed companies. The shareholders of Mattra are drawn from Kumpulan Fima Berhad, a food-based corporation formed by the government, Kumpulan Perangsnag Berhad, theAFP - 69 words
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Article48 1982-01-07 1 Reuter LONDON, Wed. The stock exchange said it will its pro- posed new commission rates on Friday. Publication follows a review of the existing scale which has been in effect since 1976. The overall purpose of the review is to increase brokers' commissions where appropriate. ReuterReuter - 48 words
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Article62 1982-01-07 1 Reuter WASHINGTON, Wed. The Mobil Corporation made a last-ditch effort to keep alive its takeover bid for the Marathon oil company today by appealing once again to the US Supreme Court. Mobil lawyers also asked the court to overule an appeals court decision yesterday refusing to prevent aReuter - 62 words
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Article63 1982-01-07 1 Reuter CAIRO, Wed. The United States has agreed to pay US$l2O million towards the cost of putting a multinational peacekeeping force in Sinai, Egyptian Foreign Ministry officials said today. The 2,000-strong force, due to patrol the desert peninsula following Israel's final withdrawal in April, has a budget ofReuter - 63 words
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Article68 1982-01-07 1 UPI, WASHINGTON, Wed. President Reagan will seek additional spending cuts and "some" higher taxes to keep the federal deficit below US$lOO billion during the next two fiscal years. In a partial preview of the fiscal programme Reagan will outline during the coming weeks, Treasury Secretary Donald ReganUPI, - 68 words
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364 1982-01-07 1 UPI WORLD oil production recorded its largest year-to-year decline in history in 1981 because a recession restricted Western economic growth and high oil prices spurred conservation. World oil reserves climbed by 3.42 per cent, or 22.2 billion barrels, to 670.7 billion barrelsUPI - 364 words
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305 1982-01-07 1 THE SINGAPORE spot oil market is likely to remain depressed this year and push some of the marginal traders, especially those without sound international financial backing, out of the market. However, the more optimistic cautiously add that if there is any upturn in305 words
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Page 1 Advertisements
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Advertisement212 1982-01-07 1 TT>3 »7kT ;<? IxT? MDSI CITY Developments and King's Hotel propose bonus and rights issues Page 12 THE Development Bank of Singapore will soon become a substantial shareholder in Yeo Hiap Seng Page 12 JAPANESE entrepreneur Yohachiro Iwasaki was the first astute Asian to realise the vast untapped potential of212 words
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Advertisement32 1982-01-07 1 Diners Club. by Singapore's best hotels and restaurants since 1961. ftopie think highly of a Diners Chib member. I'll »r \-<»ur I lull 'I >| »!u ;it i( >n f< >nn t < lav32 words
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Advertisement0 1982-01-07 1 ,^/&_<~\_\/@<{(@]\}?/$,~%?/
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BANKING AND FINANCE
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Article, Illustration534 1982-01-07 2 THE RECENT sharp fall in local interest rates serves primarily to achieve the desired exchange rate level between the Singapore dollar and the US currency. Mr Philip Tan, assistant vice-president of the Development Bank of Singapore's International and Treasury, said the decline was534 words
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221 1982-01-07 2 AP MBECTOBB af Ike WwU ■aak have rated I» add a mMlme 14 per eeat "treat ead lee" ea all new leaaa. Marital Keetle, the haak'a hETn Taeaday he eeaM mi (KtaMte hew mmek «he mew fee weaM Mag h. la the year thatAP - 221 words
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Article381 1982-01-07 2 THE ASIAN dollar bond market here started the new year on a pleasant note With a USSGO million convertible bond issue by Orient Finance Co. The company has already issued two convertible bonds the first was denominated in Deutscbmark and the second in sterling. Both381 words
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276 1982-01-07 2 Reuter A SPECIAL meeting in London of Western banks to discuss the problem of Poland's commercial debt failing due this year has been brought forward by one day to today. Since last March, there has been an agreement between Poland and 500 Western bankReuter - 276 words
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417 1982-01-07 2 Reuter INFLUENTIAL American economist Henry Kaufman yesterday predicted the US economy will begin to pick up this spring but the recovery will be limited by a return to near-record interest rates. In his annual forecast on financial markets the chief forecaster at SalomonReuter - 417 words
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Article123 1982-01-07 2 Reuter THE JAPANESE Finance Ministry is working on details of bow the amended hanking law will be applied to foreign banks when it comet into force on Xpril 1. The details cover the position on takeovers of Japanese banks' branches, lending to individual borrowers and the accumulationReuter - 123 words
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MONEY AND EXCHANGES
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Article422 1982-01-07 2 IN THE absence of major developments, trading on the local foreign exchange market was quiet yesterday.. Against the Singapore unit, the US dollar opened higher than at Tuesday's close. It was traded at 2.0175/ 85 before sliding down to close at 2.0425/35. Dealers say the slide was due422 words
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Article218 1982-01-07 2 THE dollar in London (yesterday rose in early dealings after opening sharply lower following Tuesday's decline in the Federal funds rate, dealers said. Soviet buying of dollars, primarily against marks, was suspected to be behind the US unit's rise from its early lows, several said. The dollar rose to218 words
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Article22 1982-01-07 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.65 per cent.22 words
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Article183 1982-01-07 2 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Jan 8: US M*»<8Mt) Offer mi 7<Uys IS 12* 1 month 13 5/16 13 3/16 2 months 13S/16 137/16 3 months 1311/1613 9/16 6 months 14* 14* 9 months 14* 14* 12 months 1411/1614 9/16 8w.Tr*. Dw, /UUJL. 1183 words
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Article45 1982-01-07 2 RANGE of Prt ses oflw red by dlscount houM Jan Overnight jv,* to JH* Call cfepaa Its: |v«* to JH* Ckwimc 5-month Buying 8*Un« Treasury bl Ills 2H M 3-month Bank bills 8* 3 months CD n 6 months CD Source: National Discount Co45 words
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Article43 1982-01-07 2 THE Monetary Authority of Singapore has invited banks and discount houses to tender (or a total of $140 million 91-day Treasury bills to be issued from Jan 11 to Jan 15. Each tender must not be for less than $250,000.43 words
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Article57 1982-01-07 2 FRANKFURT exchanges opening quotes on Jan US 2.2430 e (2.3M/13) Stf 4.321 (4.322/3S) Can 1 »40 70 D F1 91.13/31 S FY 124. W 125 22 Ut 1 MS *75 F Fr 3» 36 42 N Kr 38 75 82 B FT (con) 5 BSS *77 B Fr (Ha)57 words
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Article279 1982-01-07 2 SINGAPORE gold futures yesterday closed higher compared with overnight levels after fluctuating narrowly in light trading, dealers said. Total sales for the day was recorded at 128 lots while kerb volume at 35 lots. Prompt closed firmer at USS4Q3/4M an ounce against 402.20/403J0 on Tuesday, February at 407.10/40T.30 against279 words
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Article33 1982-01-07 2 Tm MM Mew York 1MB UB UK IJ7S brtcfa MTB MB LflS «.ia Singapore UTB I17B ICS MB Oosiaf prV n Is US Mian troy ounc e. Source: Credit Suisse, S'pore.33 words
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Article115 1982-01-07 2 liar in Hongkong yesterday ruled mostly easier against major currencies apart from the yen in late trading. It fell to 2.2435/45 marks from an early 2.2465/75 on liquidation and was below the overnight 2.2485/2500 close in New York. The yen slipped to a late 218.60/75 to the dollar from115 words
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Article191 1982-01-07 2 THE dollar for overnight delivery in Tokyo yesterday closed at 218.85 yen, slightly up from a 218.80 opening in Tokyo and compared with the 218.75/90 New York close, dealers said. However, this was lower than the 219.15 yen close in Tokyo on Tuesday. Trading was a moderate 11.07 billion.191 words
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Page 2 Advertisements
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Advertisement756 1982-01-07 2 These securities having been sold, this announcement appears as a matter of record only. December 1981 Bank of Tokyo (Curacao) Holding N.V. (Incorporated with limited liability in the Netherlands Antilles) U.S. $100,000,000 Guaranteed Floating Rate Notes due 1991 Unconditionally and irrevocably guaranteed as to payment of principal and interest by756 words
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TRADE AND INDUSTRY
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293 1982-01-07 3 MANAGERS will get a chance to study the Japanese experience in company Welfarism at the National Productivity Board's first Seminar on the subject. The seminar, on Feb 10 and 11, alms to enlighten local companies on successful welfare practices now that Singapore is moving293 words
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Article, Illustration278 1982-01-07 3 A NEW storage system (above) using the latest concepts of shelving will be installed at Cycle and Carriage's new central spare parts warehouse in Jurong. The system was developed by Electrolux Constructor and costs $500,000. It increases the shelf space as much as three times without raising278 words
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Article255 1982-01-07 3 AN AUSTRALIAN invention can add years of life to analytical X-ray generators now used in many parts of the world. The invention, a single plug-in solid state replacement module, provides users of the Philips X-ray generators with a low-cost alternative to the purchase of an expensive new generator.255 words
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Article682 1982-01-07 3 81MINABS AND COUBSEB Dec 28-Jan 20: Financial Planning for Marketing activities, Cuppage Centre, l NPB Jan 2-Feb 27: Industrial Microcomputer System, Bukit Timah Centre, Department of Extramural Studies, NUS Jan 4-March 1: Skills and Strategies for Effective Managements, Waterloo ""Centre, Department of Extramural Studies, NUS Jan 5-7: Leadership682 words
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343 1982-01-07 3 SINGAPORE workers will soon be given the chance to familiarise themselves with the world of computers. The National Trades Union Congress has started a massive computer appreciation programme for workers to help them adapt to the use of computers. The union newspaper, The343 words
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176 1982-01-07 3 THE AGREEMENT for the avoidance of double taxation between Singapore and India, signed on April 20, 1961 was brought into force yesterday following an exchange of instruments of ratification. The agreement eliminates instances of double taxation and provides incentives for greater flow of trade, investments and176 words
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294 1982-01-07 3 KISING Interest rates and the scarcity utf high east of materials will poor considerable problems to the Publishing Industry in the years ahead. la addition, banks are relnetaat to provide credit facilities to publishers becaaoe of the high risk factor aad slow294 words
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Article338 1982-01-07 3 WONG SOUK YEE - By WONG SOUK YEE TRADE barriers continue to hamper the free flow of books in many parts of the world. Also, raw materials, such as paper, are in short supply. The Minister for Foreign Affairs and Culture, Mr S Dhanabalan, listed some of the338 words
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457 1982-01-07 3 PUBLISHERS of school books will soon be able to sport an "approved by Ministry of Education" stamp on their books. The ministry is likely to tell publishers to use this quality control stamp to differentiate their books from others without any approval from the457 words
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135 1982-01-07 3 MEMBERS of the Toy Safety Authority of Singapore (TSAS) will meet on Feb 3 to elect their office bearers. On that day, TSAS will also formulate a programme of action aimed at promoting and regulating toy safety in Singapore. In the meantime, TSAS la planning135 words
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Page 3 Advertisements
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Advertisement180 1982-01-07 3 Hoechst research so that they mav have a future worth living for. Day after day, Hoechst researchers work tirelessly towards developing new drugs, new methods of diagnosing disease and new ways of healing. For the sake of all our children. In Singapore, we are also marketing a highly effective new180 words
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OVERSEAS
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258 1982-01-07 4 AP ALGERIA has notified customers of its cut in crude oil price by 50 US cents a barrel to US$37 effective Jan 1. The cut, coming after weeks of discussions with oil company executives, matched Libya's price for a similar qualityAP - 258 words
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213 1982-01-07 4 Reuter CANADA has banned the employment of foreign in mines, on construction sites, in some factories and for non-specia- Used occupations to protect Canadian Jobs. The ban, announced by Employment and Immigration Minister Lloyd Axworthy oo Tuesday, was part of a 050 millionReuter - 213 words
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Article182 1982-01-07 4 AFP THE French trade deficit narrowed slightly last year for the first time in several years although exporters were hampered by the appreciation of the US dollar. The Bank of France has announced that a study undertaken by its external trade department put the expected 1981 tradeAFP - 182 words
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538 1982-01-07 4 Agencies EXXON Corp has reached agreement with the Libyan state oil company on payment for its oil and natural gas properties and assets in that North African country, Exxon said on Tuesday. Exxon had said last November that it was relinquishing itsAgencies - 538 words
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125 1982-01-07 4 THAI International made a profit before taxes of U551,716 million for the financial year ended Sep 30, 1981, marking the 17th consecutive year of profitability for the airline. The net operating result represented a decline in the airline's earnings compared with last year's. Thai125 words
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446 1982-01-07 4 Reuter BOLSTERED by a sizeable pickup in refining marketing business, major US oil companies are expected to post fourth-quarter earnings higher than a year earlier. Stephen Maresca of Argus Research Corp said: "The comparisons in refining and marketing will be the best sinceReuter - 446 words
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255 1982-01-07 4 AFP AMERICAN tanners are anticipating their third successive lean year in 1962 as falling revenue and higher debts mop up the benefits of flourishing harvests. The result Is growing US hostility to European farm subsidies, as well as pressure from American farmers against any plansAFP - 255 words
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262 1982-01-07 4 Reuter CHINA has reiterated that foreign companies will soon be Invited to tender bids to drill for offshore oil and that a model contract has been prepared. The FngrHcK-lnngiiMgo newspaper China Daily gave no specific date but said bidding will open "asReuter - 262 words
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207 1982-01-07 4 AFP HONGKONG is likely to win a larger share of the world market in TV games this year. Judging by the extraordinarily fast growth of the Industry last year, traders said yesterday. Hongkong's export of TV games soared 598 per cent toAFP - 207 words
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WORLD IN BRIEF
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Article492 1982-01-07 4 Agencies. IN A major genetics breakthrough, Stanford University researchers said they have discovered how to make DNA the substance that determines heredity reproduce itself in the laboratory. Nobel laureate Arthur Kornberg and his associates, Robert Fuller and Jon Kaguni, said the discovery may have long-term implications in cancerAgencies. - 492 words
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Article680 1982-01-07 4 departures 8erriee Local Operator Number Tiae For S1A SQ132 0830 PEN GIA GA961 0830 HLP SIA SQ1Q2 0845 KUL CPA CX712 089 BKKHKG JAL JL714 WOO KUL/QSA/TYO SIA SQ2Q2 0900 HLP MAS MH652 0830 KUL/PEN CAL cooe 0830 KUL/HKG/TPE SIA SQ8 0990 HKG/TPE/NRT SIA SQ456 0845 BWN680 words
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483 1982-01-07 5 AP AMBITIOUS projects by Beijing and Hongkong are afoot to cope with the increasing traffic between the colony and China. Official statistics show that between Jan 1 and Dec 19 last year 4.3 million people crossed the border from Hongkong to China, upAP - 483 words
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Article, Illustration415 1982-01-07 5 UPI, Reuter WEST German Chancellor Helmut Schmidt and President Reagan have agreed on the need for a "forceful" Western response to the repression in Poland, and Mr Schmidt has pledged not to obstruct US economic sanctions on trade with Warsaw and Moscow. The two leaders made theUPI,; Reuter; UPI photo. - 415 words
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615 1982-01-07 5 Reuter, AFP JAPAN'S export letters of credit in December rose 5.8 per cent to US$B.97 billion from 18.48 trillion a year earlier after a 6.1 per cent year-on-year November gain, the Japanese Finance Ministry said yesterday. The December total was up 19.6 perReuter,; AFP - 615 words
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348 1982-01-07 5 AFP £THE 1982-83 draft budget announced by President Suharto on Tuesday drew moder- ate reactions yesterday from several members of parliament and the media. r* "What concerns the public is the price increases of goods following the fuel price hikes," the leading daily Kompas saidAFP - 348 words
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Article124 1982-01-07 5 Reuter THE MITSUI industrial group of Japan said Iran has rejected its suggestion that the joint venture agreement covering a Bandar Khomeiny petrochemical complex in southern Iran be considered null and void. The National Petrochemical Compamny of Iran has proposed, instead, that a new conference be held inReuter - 124 words
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Article139 1982-01-07 5 AP MAJOR Japanese pulp makers are studying the possibility of planting trees in the Philippines, Indonesia, Papua New Guinea and Solomon Islands in order to produce pulp. The project would involve an estimated initial investment of 31 billion yen, the Japan Overseas Arresting Association said yesterday. TheAP - 139 words
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Article212 1982-01-07 5 AFP THE Hongkong government regards the new Multi-Fibre Arrangement (MFA) governing world textiles trade as unsatisfactory but is, nevertheless, expected to accede to it before the end of this month, it was officially indicated yesterday. The protocol, accepted by 50 nations in Geneva last monthAFP - 212 words
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797 1982-01-07 5 AP, UPI THE US Ambassador to Japan, Mike Mansfield, has called (or a "fundamental change" in Tokyo's trade policies, saying that it "needs to take the lead" in opening its markets to US and other foreign products. Japan "cannot afford to lookAP,; UPI - 797 words
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Page 4 Advertisements
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Advertisement32 1982-01-07 4 Leader page I Asia's "1 News Magazine. r H < Out oflhe Horror, Amazing Strength M *«>■ V 1 in circulation 1 in ad revenue 1 in coverage of executives More goes into iL32 words
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Advertisement187 1982-01-07 4 USTAXDIX,; R BL( X )1) ESSI RE BLOOD PRESSURE £.S. Monteiro M 'Oh, it's onfy high blood Pressure a common enough dismissal of a most common affliction. And ample cause for worry, for surely no other condition is as overlooked and misunderstood. At the heart of high blood pressure is187 words
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Page 5 Advertisements
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Advertisement149 1982-01-07 5 FOUNDRY/EQUIPMENT FOR SALE Uniteers International Pte Ltd in Singapore is selling its 8 acres land (approximately 359,277 sq ft with 23 years lease left) and buildings (usable space approximately 73,000 sq ft) together with its equipment either in total or partially. The equipment include the following: 1. KGYV 8 tonnes149 words
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Advertisement178 1982-01-07 5 ■m 830 a.m. From November 1981, you can fly Thai to Bangkok on any of our three super flights. One leaves at 8.30 a.m., the first daily flight to Thailand. You'll reach Bangkok after a magnificent breakfast, with a full day ahead. 3 SUPER FLIGHTS FROM SINGAPORE TOBANGKOK WITH THAI178 words
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Article372 1982-01-07 6 NOT SO long ago, car salesmen were the envy of their profession. While others had to travel quite a few miles and talk till they were hoarse, the car salesman simply had to wait in his office and the sales were made. Things went372 words
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Article344 1982-01-07 6 GUESTS are welcome as long as they are socially acceptable and their company is desired. Guest workers are welcomed or tolerated so long as their services are required by the host country. In times of economic boom, when a nation is struggling to keep its344 words
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Article, Illustration2045 1982-01-07 6 FLORENCE CHONG - To the resourceful entrepreneur, Australia is a vast untapped market or tourism. Asian developers and hoteliers have committed themselves to about As6oo million to build or upgrade hotels, develop tourist resorts and build casinos. FLORENCE CHONG in Sydney describes their activities. FLORENCE CHONG JAPANESE2,045 words
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Article424 1982-01-07 6 JEREMY TOYE - By JEREMY TOYE Reuter BEER drinkers in the Philippines may have to stay more sober from now on if they want to slake their thirst with the right brand. For many years, it was only necessary to croak "beer" and every waiter in the land knewReuter - 424 words
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Page 6 Miscellaneous
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Miscellaneous659 1982-01-07 6 I -IH-OIE CROSSWORD CKYFTIC PUZZLE ACKO6B 1 A hundred amperes for the living quarters (5) Be swallowed up by me and Reg, possibly (5) 9 Appear not at home as a watcher (7) 10 Go slowly round the bend as a swimmer (5) 11 The difficulties of getting a horse659 words
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Miscellaneous9 1982-01-07 6 BriStoW' Flank Dic&enfJ I 32 --'-o «S.. U>£*YrH£fs 19 words
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Miscellaneous529 1982-01-07 6 SINGAPORE 5 3.00 PM Opening Mowed by The Young And The Restless 3.25 Reincarnated (Mandarin, r) 4.10 Diary Of Events (Mandarin) 4.15 Afice Star In The Storeroom 4.40 Angie (Last Episode) 5.05 Take Hart 5.25 Chldren's Short Story 5.55 First Winter Of The Bobcat (Malay) 6.15 News (English) 6.25 Cultural529 words
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715 1982-01-07 7 RICHARD SEAH - FORUM with RICHARD SEAH AMERICANS who pride themselves as citizens of the supposedly most advanced nation on this planet are still confused abdut kilograms, kilometres and litres. So, maybe we should give ourselves a big pat on 'the back for having successfully gone715 words
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Article, Illustration823 1982-01-07 7 JAMES SINCLAIR - TECHNICAL FACTORS ARE BULLISH JAMES SINCLAIR has good news for gold bugs. Although the metal will not rise to anything near its past highs this year or for the foreseeable future, nimble traders could make handsome profits. The odds for a substantialNYT - 823 words
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1407 1982-01-07 7 FRANK GRAY - By FRANK GRAY FT PRESIDENT Marcos recently captured the imaginations of Filipino mothers by decreeing a ban on the import of all electronic games. But as Filipino children share the same fascination with such gadgetry as other youngsters throughout the world, the banFT - 1,407 words
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Page 7 Advertisements
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Advertisement394 1982-01-07 7 Asia, at your finger tips... Other than speed reading, there is another way you can know a great deal more in much less time. The ASIA RESEARCH BULLETIN is a monthly information-packed report backed by in-depth and extensive research and ten years of editorial expertise. We have extracted and accumulated394 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article260 1982-01-07 8 JAN OS Fra CORBEILLE Alr-Uqulde B S N Oervals Danone CSF (ThomaonCsf) 464 1174 183-30 15 >14 14 Cle mnctlie de* Petrolea Compacnle Financier* Compacnle OeneraJe Credit Foncler De France Hachette (Llbrairte) Machine* Bull Michel In (B) Parlbaa Pechlney Cl(lnc Kuhlmuin Peugeot PhUlpa (N» Oem Bolt) Prtatainpe 8 A260 words
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Article93 1982-01-07 8 JAN 06 r™ FORWARD MARKET AMP Arbed Aitur Braactn Bra-Limb Cmnpte Cock De Beers Ebei Electrobel Ob-Inno-Bm Qe» Hobo* PeUo Ryl Dutch Sldro Soc Ocn Be if Sofm* 8ol**y A Tankj U liln V Mont SB 1014 m lOOOsd 1230 MM 14ft m iaw 4000 ax 1530 2500 MOO93 words
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Article199 1982-01-07 8 JAM 16 Dm Acc-T*tefunken 4&40 -U Atoo SOB Alls Lfbtn 1400 00 unch All* Vera 430 00 BASF 134-00 Bar H T Wtoank IK 00 Bay Vbank moo Bay" ***** mm RMW 191 SDR uitch -1 uneh 'l f"'' f Chetn Verw Commerxbank Conu Oumml Daimler-Bens 222.00 128 SOB199 words
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Article182 1982-01-07 8 JAM 06 Franc* Action* SuUaes Ml -H Aliuulaae Br m -8 AlusuUae Rm -J Brown Bowl Br. 1100 unch Cite Otifj Br (SB -5 ciba o«i*y P C no unch Clba OeltJ Rm MO Credit Sulaae Br »10 unch Credit Sulaae R«t JKS -4 Elektrowati Br 2300 -10 O*orj«182 words
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Article171 1982-01-07 8 JAN 06 Pit 4-/-ABN 2B2.00 unch Ahold So -0_2 Afcao 2sjo unch AVIEV -0.7 Am fas 14J0 -0J Amrobnk 53.00 -0.4 53- 25 00 unch BoU 58 JO 0.3 BorsumlJ 9100 -1 Burhm&nn 3630 -0.3 Cm,land 33.70 unch Cmlv Delft 213.00 0J Dell M1J 70.50 4-1 Ennla 117JO 1171 words
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Article89 1982-01-07 8 JAN 06 Lire Bailor Bel M6 MM) -MO Central* Ord SMO ■m Cood Act) urn Rom in JO -u Ertdanla I1MD -230 n«i rwvf -M Oenerall 10&00 -2750 Oua MM in Pm W -W Ineest WD -75 Ilticrmtnu Ord 30TOO 400 11UU L»p»ut CM xm -90 Mediobanca 7MM -111089 words
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Article179 1982-01-07 8 JAN 06 C» AhitlM a> -si Alcan BH -H Alfom* OH Bank Mont OH Bank Norm Bcotlt JT* Bell T»l ia% B*ch Corp BP Can Lid HZ »i> -l Braaean M Camp Red Lake I7H -H Can Imp Bk S* -H Canpac «0H >1 uiv n Cartlnf OTCaefe m179 words
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Article159 1982-01-07 8 JAN 06 1 Rand INDUSTRIALS A Alpha Abcrcon MOB 425 3 AE And CI MO AMIC Buiowt MM IMS M J CurrW Plnanc* D» Been Ind Edcon ISM no M0 M00B HO unch 1M Eflftn Everwdt r«j vol* MM 57S ■1H -10 £*K Outturn OlMiuil OttKmn Hippo unch I159 words
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Page 8 Advertisements
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Advertisement194 1982-01-07 8 "The American Express Card serves you well, wherever good food is served" W IIC fie,dine 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 public holidays and holiday eves) 50% DISCOUNT OFFER194 words
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Advertisement145 1982-01-07 8 übertutf ©rill For lunch. For dinner. For a richly rewarding experience. A s v 1 iii, h M .iui.iv ti > hrui.iv > 1*» r .(> In V s. n J.iv HnsMff.-l M iff. r ts >.mmi<iv >1 7 ">l I l(i M'fV ,li it•}.■ 1'• Sp«'t ,i' Surui.n, I145 words
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Advertisement202 1982-01-07 8 See Page 9 for NYSE prices and Page 11 for Asian stocks TIVE r < )\ti\i:m s Kl SHI k A S I Before you flv away ro foreign lands, check-in your bags then seek out the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the202 words
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Advertisement176 1982-01-07 8 When you dine, dine Cantonese. 2* I v 0 o If pleasing your palate is achieved only by eating the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage is set176 words
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Advertisement198 1982-01-07 8 u V <v nr This it Thai Seafood at its authentic bast So trash, it could hava Dean alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant a Cockpit Hatri Oiley Rise/Penaog198 words
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RAW MATERIALS
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Article172 1982-01-07 9 CHINESE PnfcM Exchange, per 1M kg yesterday. C>c«—t afl: Bulk fob $100.00 sellers, old drum (in second hand drum) fob $112.00 sellers, new drum fob $116.00 sellers. Capra: Mixed (loose) $50.00 buyers. Pepper: Muntok while pepper fob Asta NLW $372.50 sellers, Sarawak white pepper faq fob NLW $3(7.50172 words
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Article197 1982-01-07 9 TARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cirtss yara: China Blue Phoenix 20a 2,550; 32s 3,190, 40s 3,335 (per bale of 400 lbs). Piece gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs hnq; Flower and Butterfly197 words
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Article296 1982-01-07 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.05, 100 per cent third •class 1.03, 25 per cent new crop 'no stock, B-10 per cent no stock. THAI BROKEN: A-super Special 0.64.296 words
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Article75 1982-01-07 9 WHEAT futures in Chicago on Tuesday partially recovered r late to close v* cent a bushel higher in nearby march to down 2Vi cents in the three most deferred positions. 1 Afternoon reports that Solidarity activists are holding talks with the Polish government boosted sentiment, "f traders added. Corn75 words
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Article83 1982-01-07 9 THE STRAITS tti price In Peaaag yesterday firmed 71 ceats to MSMJI a Idle, mevlag ■p li the middle sector price raage ef f52.1l aadfMJß. The sharp rise saw tocreased laflaestial hayer sappsrt at this level, eeapled with light scattered bayiag (rem Japaa, Earspe aad tocally. Tetal taraever83 words
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Article32 1982-01-07 9 Rubber Jan 6 Singapore: Jan: 173.50 cents (down 1.50 cents) Malaysia: Feb: 200.50 cents (unchanged) Tin: M 534.80 per kilo (up 70 cents) Official offering: 251 tonnes (down 151 tonnes)32 words
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Article210 1982-01-07 9 SOYBEAN futures in Chicago oo Tuesday partially recovered late to close up V« US cent a bushel in nearbys to off one cent in deferreds. Local short-covering in response to afternoon reports of Solidarity/Polish government talks, resulting in increased trade hope that no new grain sanctions against Poland or210 words
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Article371 1982-01-07 9 THE RUBBER market in Singapore yesterday closed easier with January One RSS buyers quoted at 173.50 cents per kilo, down 1.50 cents from Tuesday's close. Prices weakened 1.50 cents during the morning session on lower overnight London advices. Prices fluctuated narrowly in quiet afternoon trading before finishing around lunch371 words
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Article334 1982-01-07 9 RAS prices In cents par kilo yesterday: Noon (per kilo) dose (per Hlo) Int. 1 RS.S prompt f o b. 171.50 Int. 1 R.S.S January ***** Int. 1 R.S.S. February 177.50 1st 2 R.S-S m oo UK/Coat 105 00 Int. I R S.S 10.00 UK/Cant 100 00 Int.334 words
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Article114 1982-01-07 9 NOON 881 KAS R mt SMR priaa ijMardar Juaj n Pafcraary (toward Mtk) (Carnal fl t Mtkl SSR 10 (1-ioa pal «t) iaijo lO SON mmjwrm m 183.50 1S6 80N S8R 10 (1.10a pan It) 1&8J0 100 SON moo *****N mm FIWWT Hank SMRCV (1-loa palli it)114 words
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563 1982-01-07 9 Reuter A SHORTAGE of crude palm oil supplies in Malaysia, the world's largest producer, has raised crude prices and forced several refiners to close down. Malaysian government and industry sources said about 14 refineries have closed down or produced intermittently in the lastReuter - 563 words
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Article110 1982-01-07 9 THE Kuala Lumpur palm oil market was steadier in quiet trading yesterday, dealers said. In January, South rose Mslo and Central |7.50 respectively to $930 a tonne, while in February South firmed at $920. The refined market was also quiet on lack of overseas demand. CJ.F. North European110 words
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Article671 1982-01-07 9 NYT THE SAGGING farm economy, burdened (or the last two years by curtailed grain shipments, a drought, high Interest rates and bumper crops, may be facing even harder times as a result of President Reagan's new economic sanctions against the Soviet Union. "Grain pricesNYT - 671 words
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Article309 1982-01-07 9 AFP NATURAL RUBBER can make a great contribution towards protecting buildings from earthquake damage. Scientists from the Malaysian Rubber Research and Development Board (IfRRDB) and Malaysian Rubber Producer»' Research Association (MRPRA) have collaborated with scientists from the University of California, Los Angeles on extensive research In frrfmwgAFP - 309 words
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Article1016 1982-01-07 9 •STOCKS IN New York on Tuesday slid sharply «lower in an atmosphere of uncertainty over the v direction of interest rates. The Dow Jones industrial average closed off .'more than 17 points, its largest one day drop since ;Aug 24 when it fell 20.46. Declines overwhelmed -advances1,016 words
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Article965 1982-01-07 9 COFFEE: Light buying interest supported robusta futures but commission bouse profit-taking restrained any rise and prices failed to match expected gains of around £5, based on New York's close on Tuesday. Dealers said steadier sterling against the US dollar was an additional dampening influence 'and futures ended the965 words
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Page 9 Advertisements
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Advertisement23 1982-01-07 9 restaurant Try our sumptuous delicacies from the Hunan Province. An Oriental dining experience. Renovated A additional new car park now raady for use.23 words
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Advertisement161 1982-01-07 9 FJIL KxheiscfffosfoocL < ""i V -s 9 K, 3rd Floor, World Trade Centre Singapore's premier Japanese restaurant, the Kampachi. Until today, at the Hotel Equatorial. But from today, at World Trade Centre as well. Everything that lovers of fine food have found to be to their satisfaction is here. Teppanyaki.161 words
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1624 1982-01-07 10 BED and offer prices officially listed and business in and re- ported 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 ONI INDUSTRIAL COMMERCIAL Aeaaa (IMS)1,624 words
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Article171 1982-01-07 10 ■N6AP0 IIUMTTIWr (HMtfBI i» prtBH ktJMT) The Cemmerc UO 1<7 The Savlnff 1 road l* ra S'porr Prof f "und L« 1-52 S pore Sec Pi ad in ia S*pare h>w Pund in La S pare Equity Fund l.JB l.Czd UU imrtT RUT (Hmmbi t wham hriMl) hUl171 words
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Article2838 1982-01-07 10 1 Ml/1 MS Hick Low Coapuj Last Sale OTGr*s DW DW Cw Gr*s TTd Net P/B Vol (•000) Day > High Low 8ECTION ONE INDUSTRIAL ft COMMERCIAL IN 115 300 *1 OI WO no 932* #19 430 240 Acma 119 Alcorn 130 Allied Choc 190 BAT 3002,838 words
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Article1765 1982-01-07 10 MDUmULA AMMta(3MB) MM (L4SS) (19) LM (3) 1« (I) LA L 45 AMi Mi (l«) A Om (in ASM) xd AMD (UB IMS) (3) 1» Ml (UK) MB (1.378 1MB) (M) 1M (12) 1M (4) IJ2 (IS) IB (7) 113 (12) 1.27 (*)LM B IMMI (UB) BMMd1,765 words
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Article671 1982-01-07 10 SHAKE prleea epeeed •lightly above everalgbt levels kit tateraf ten «tofkaw< m pufll l«th| Mite. Muy felt tkat Teeoday's *vp rise la stock prleea wu ever toe aad fcrMri It m better set te peak their leek tee tar. A kreker ante the deekte digit671 words
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Article589 1982-01-07 10 SHARE prices finished mixed to slightly steadier at the Kuala Lumpur Stock Exchange yesterday on a significantly higher trading volume. The market opened on a steady note but early gains gradually lost out to profittaking, notably in those counters which had moved up rather fast recently.589 words
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COMPANY NEWS
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404 1982-01-07 11 ANOTHER multinational company is now said to be interested in taking over the oil palm project in the Philippines abandoned by Dunlop International of the UK. A spokesman of the Philippines' National Development Company (NDP), Dunlop's partner in the 5,000-hectare venture, did not, however, name404 words
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416 1982-01-07 11 Market Talk... MERCHANT bankers GalaBess Mahsa expects the stock market to remain reasonably firm this month. In view of an anticipated growth rate of between 8 and 10 per cent for the Singapore economy this year despite difficult trading conditions, there will be416 words
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Article414 1982-01-07 11 PERMODALAN Nasional Berhad (PNB) has announced the appointment of Mr Abdul Khalid bin Ibrahim as its new general manager to succeed Mr Mohamad Desa bin Pachl, who has been appointed executive director of Malaysia Mining Coloration. Mr Khalid was one of the key figures in414 words
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Article53 1982-01-07 11 MALAYAN Breweries Limited: Forty-eighth AGM to be held at OCBC Centre (19th Floor), Singapore 0104 on Jan 19 at 11 am. THE New Straits Times Press (Malaysia) Berhad: AGM to be held In the Theatrette of the company, Balai Berlta, 31 Jalan Riong, Kuala Lumpur on Feb 2053 words
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Article265 1982-01-07 11 TRADING in the shares of Hwa Haag Manufacturing Cs Ltd was temporarily suspended yesterday at the company's request. BOU8TEADCO Slagapare Ltd has announced the resignation of Mr Alexander Amos as a director of the company with effect from Dec 31, 1981. He has also resigned as a director265 words
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199 1982-01-07 11 THE directors sf GOaal Jate and Textile Mills (MX ted were surprised by their aadttars when Isfsemed that they s we Overseas Uaiae Finance Ltd (OUF) la ever dee htcrat. la a letter Is the UJSE, Gllaal's secretary, Mr Danny 8 C Gaea199 words
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343 1982-01-07 11 AFP THE INTENTION of Jardine Matheson and Co Ltd to extend its insurance operations to the US through ownership of an American company is Hearing fruition. Target of the acquisition is Bache Insurance Services Inc (Bisi), ptupeity and casualty insurance brokers wholly-owned by theAFP - 343 words
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536 1982-01-07 11 HSUNG BEE HWA - By HSUNG BEE HWA WEARNE Brothers Ltd, which suffered a sharp drop in profits in its last finawr-m year, has sufficient liquidity to enable it to take advantage of opportunities for diversification. Chairman Tan Chin Tuan said the directors consider it unwise to predict536 words
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Article224 1982-01-07 11 FAR Eastern interests, including Malaysians, behind Jenk and Cattell's bid for Elliot Qroup of Petersborough on the Loodon Stock Exchange, have succeeded. Jenk, a Wolverhampton-based manufacturer of garden tools, has received acceptances in respect of 6.87 million shares or 52.1 per cent of Elliot, a building224 words
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Article793 1982-01-07 11 LONDON, Tues. Share prices finished well above early lowa after the UK banking figures, dealers said. The Financial Times index closed 4.2 points lower at 518.1. The Rank of RngUnd estimated that sterling M-3 grew by about V 4 per cent in the three weeks to Dec 9,793 words
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ASIAN STOCKS
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Article104 1982-01-07 11 STOCK prices in Bangkok yesterday closed mixed in slow trading as investors remained cautious, dealers said. The Book Chib index, however, rose 0.18 points to 93.89 on a turnover of 8.3 million baht. jan at Batata A*tm fibre W Banc* ok Bank BuiS Of Ayudtaaya Lid Barll Juekar Chiroooi104 words
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Article312 1982-01-07 11 SHARE prices in Tokyo yesterday tell with investor sentiment dampened by the overnight fall on Wall Street, despite news on Tuesday of a record decline in the outstanding balance of margin buying on Japanese exchanges. The second market ended lower. JAN M AJlnomoto Aaahl Cham Aaahl OLaa*312 words
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Article53 1982-01-07 11 FINANCIAL TIMES INDUSTRIALS Tuesday 518.1 Monday 522.3 Week Ago 524.0 DOW JONES AVERAGE INDUSTRIALS Tuesday 806.30 Monday 882.52 Week Ago 808 23 HXHANG SENG Wednesday 1385.72 Tueaday 1386.78 Week Ago 1415.31 AUSTRALIAN INDUSTRIALS Wednesday 734.8 Tuesday 738 4 Week Ago— 738.5 ALL ORD1NARIE8 Wednesday 586.8 Tuesday 564 953 words
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Article75 1982-01-07 11 JAM Of Ftaoc OrWntaJ PhU Ovmaas PhUax A Pbllaa a unch A CO)* lllnln( AUti Con. A jm unch IflM QJXX AUu Con. B UJ» M flonaar BafUio OoKS Benaruct Con B 0015 rum MO 100 unch unch RIJJT rodeo B BJ0 am ~0Jft -OOOQE Bf Ooodrtch ♦•il Ban75 words
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Article159 1982-01-07 11 HONGKONG THE Hongkong stock market yesterday ended little changed in a half-day session after an early decline was pared by late but light bargain hunting. Prices softened initially, partly on the overnight fall on Wall Street and partly on a general lack of incentive. Trading was generally159 words
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Article288 1982-01-07 11 THE Sydney market yesterday slid sharply following the heavy fall on Wall Street overnight, dealers said. The selling pressure did not ease during the day and the All-Ordinaries index lost 8.1 points to 586.8 by the afternoon close. Turnover was low. Oil issues weakened significantly, metals288 words
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Page 11 Advertisements
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Advertisement70 1982-01-07 11 FOR THE DISCRIMINATING INDIVIDUALIST 11 a.m. 10 p.m r I SHENTON WAY, JAN 2 JAN ***** H i I 1 Dining at the Raffles Enjoyable, unobtrusive, romantic For business or for pleasure PALM COURT Dine by candlelight in a charming garden setting ELIZABETHAN GRILL Fresh SEAFOOD specialities Succulent ROASTS from70 words
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Advertisement113 1982-01-07 11 Tee**. 12 Jeeeery BJ 1400 MSUBAMCf ft UASMG 0 f IWh. Manama ONtlor Royal trwcvanc* (Mjayuo) Sdn BKd Matayva 1430 OMOCTUMTKS FOR UAil MOVING I L I »m<. Drector Attoaoted Broken Co Pry I'd AuMrako 1400 PROSHCTS ft TttHPS IN YIHtCU UHT AL InNH Manogng Dnctor A»» Car Rental. Maloyvo113 words
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Chief Price Changes
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Article144 1982-01-07 12 Rites WUkiaaoa 350 •<■132 M B P Hid fa 870 >40 DooJop Bat OCBC 010 35 1250 30 M Bukiif no 25 GMtllfl 980 25 Mtpw Corps 444 24 totou 253 23 Vhni Prod 342 23 StnlU Trtdbf 1 1000 30 8kw|ri-U 810 30 8 PfaUMOO 000 +30 Falls144 words
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Article, Illustration147 1982-01-07 12 Rises Dunlop Est BA Tobacco Wilknson Matsuhita 1x1 and Pen M Brew Gen ting Sea Corp M Banking MBTHldgs 670 300 400 615 SO 530 640 640 830 945 35 +34 +26 +25 25 20 20 +20 20 +20 Falls H Leong Credit Sel Prop M F Mills147 words
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Article240 1982-01-07 12 HWA Hong Manufacturing Company Bhd (Batu Pahat), associate of listed Hwa Hong Manufacturing Co Ltd, has decided to write down the nominal value of its shares from Msl.oo to $0.50 per share. The decision will be subject to the approval of its shareholders and240 words
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Article467 1982-01-07 12 Date La st Fall Ym tr Ccmpuy PerM last year Net EPS <«■*> Gross Dtv. Pre-tax Profit J Cement Selangor Dredg Utd Malacca H Royal Johan Hldgs San Hldgs Rahman Hyd Perils Plant Batu Kawan Duff Dev I I 1 F I I F F F F 20/U467 words
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700 1982-01-07 12 HSUNG BEE HWA - [■■■I Companies Editor: Mano Sabnani By HSUNG BEE HWA CITY Developments and King's Hotel Ltd, two companies within the Hong Leong stable, have turned in favourable results for the year ended Oct 31. Both are also recommending bonus and rights issues to700 words
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Article340 1982-01-07 12 MINORITY shareholders of Keapu (Malay») Bhd have approved Sime Darby's proposed mopping up of the remaining shares in Kempas that it does not already hold. The 308 minority shareholders, who hold 5.28 million shares of Kempas, have voted for the scheme while 127 shareholders with 1.06 million Kempas340 words
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Article514 1982-01-07 12 NYT STOCK prices fell sharply on Tuesday after Henry Kaufman, an influential Wall Street economist, said an economic recovery this year will be marred by another spurt in interest rates to record or nearrecord levels in the secondhalf of 1982. In his annual forecast ofNYT - 514 words
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271 1982-01-07 12 THE DereUpmeat Buk af Slagapere which will u4erwrite Ym HUp Beag'i lateat righto lane, will mm be t MhataatUl aharrhalitr la the feed u< beverage The pTenuncattecM haak baa catered a caafltteaal agreeoMat with YHS' larger riagle aharehaHnr, Ym Dap Seag Hilitap Pto271 words
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Article686 1982-01-07 12 mm™ by HOCK LOCK SIEW GOODBYE hectic 1981. Hello challenging 1982. The corporate situation appears to have simmered down after the drama of the past year (what with corporate leaders still on Yule tide/New Year vacation to douse it further). But the sense of urgency is expectedby HOCK LOCK SIEW - 686 words
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Page 12 Advertisements
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Advertisement239 1982-01-07 12 THE PSYCHOLOGY OF WINNING February 5 6,1982 Al% day in-depth seminar and work-shop experience, designed to create an the winning altiludes and actions necessary to guide men and women to the top in every flekJ of endeavour. i A 'A PROGRAM J v 7 J ri 1 +S1 L*j k239 words
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Page 12 Miscellaneous
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Miscellaneous55 1982-01-07 12 OUTLOOK for Singapore today: Overcast, with intermittent rain. leport fo airport: tor 24 boors prior to 7.31 pm on Ju C at Maximum temperature 26.0 Associated humidity 84 Minimum temperature 22.2 Associated humidity 96 Hours of sunshine Nil Rainfall in millimetres 23.8 Total rainfall for the month 93.8 Total rainy55 words
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SHIPPING TIMES
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286 1982-01-07 13 Reuter THE Australian waterfront dispute which almost caused a national dock strike and which has stranded about 100 ships at major Australian ports ended yesterday, employer and trade union officials said. Maintenance staff accepted return to work proposals and the affected ports are expectedReuter - 286 words
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561 1982-01-07 13 JUNE LIM - By JUNE LIM THE CALL, by the Singapore Nautical Institute to set up a section in the police force to deal with maritime crimes has received a mixed response. Shipowners are in favour of the suggestion but the police and the insurance561 words
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PORTSIDES
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Article87 1982-01-07 13 THE West German union DAG has advised the Shipowners Association, the VDR, that it is to withdraw its support for the "ship of the future trials" involving 18-man crews. Four fully cellular vessels, belonging to the Hapag-Lloyd fleet, were originally chosen to take part in the trials.87 words
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Article45 1982-01-07 13 DUTCH shipyard Verolme Dock and Shipbuilding Company has decided on a name change. The new streamlined version is Verolme Botlek, which is meant to reflect the change of activity from newbuilding and repairs of ships to include vessel conversion and offshore structure work.45 words
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Article117 1982-01-07 13 THE South Korean construction company, Hyundai, has secured a contract to expand Derna port of Libya. The contract, worth US$lOl million, calls for Hyundai to build two more quays with berths which can accomodate vessels up to 10 metres draught. One of the two new quays, 280 metres117 words
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Article72 1982-01-07 13 AFP IMMIGRATION authorities at Georgetown, Guyana, have refused to allow 241 passengers aboard a Soviet cruise ship to disembark. It is the first time a Soviet tourist liner had visited this South American republic. Official sources did not give the nationalities of the passengers, but it is believedAFP - 72 words
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Article51 1982-01-07 13 Reuter HITACHI Shipbuilding and Engineering Co Ltd said it won a 12 billion yen order for two bulk carriers of 41,000 dwt each from Seven Seas Transportation Ltd of India. The ships, also capable of carrying containers, will be delivered in the mid 1983 and early of 1984.Reuter - 51 words
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Article712 1982-01-07 13 SklppUgUae Page CM SWpptag Liae Cat Achipelego Shpg VI 3 Elma m 4/5 Ale* VI 1 Everett Orient IV 4 Afro-Eurasia Alfred CT VI VI 3 I Evergreen Feaco TV vn 3 4/5 All trans vn 4 Flotta Lauro V 5 Alpac VI 5 Franco-Be Ig m712 words
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Article771 1982-01-07 14 ALGERIA Algiers Mid Dec. Delays of 6-8 days. Oran Mid Dec. Waiting times of 2-3 days. Annaba/Skikda Mid Dec. Delays of 3-4 days. ARGENTINA Bahia Blanca Mid Dec. No vessels in port. Buenos Aires Mid Dec. 15 ocean-going vessels discharging. 18 loading. AUSTRALIA Newcastle Mid Dec. Waiting times771 words
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Article1626 1982-01-07 14 FEATURING an otherwise rather dull freight market on Tuesday was the booking of eight US flag vessels to carry > wheat flour from the US Gulf and Atlantic ports to Alexandria or Port Said. Rates ranged from U*****.34 for a cargo from Savanna or Charleston to $116.14 for1,626 words
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438 1982-01-07 14 A WARNING that shipping lines must find an alternative to destructive tariff wars has been given by a leading freight conference chairman. Mr Michele Lacalamita, managing director of Lloyd Triestino, made an unprecedented call for tripartite talks between the conference lines, shippers438 words
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Article112 1982-01-07 14 THE MANAGEMENT of Southampton Docks is trying to start a second shift on the two commonuser container berths used by lines outside the Trio and Southern Africa Europe Container Service consortia. However the idea, already vetoed once by the port's 1,400 dock workers, has again met with112 words
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298 1982-01-07 14 THE ASEAN Shipowners' Association will try to reduce the heavy fuel costs faced by the industry by adapting engines to use bunker fuel oil as opposed to dlesel oil. The secretary-general of the Thai Shipowners' Association, Kasom Kasemsuwan, said the decision was made at298 words
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Article278 1982-01-07 15 BRITISH-BASED conference lines in the trade between the UK/North Continent and the South American east coast intend to launch a partreefer, fully-cellular service during January. Parties to the joint venture are the Furness (C Y Tung) groupowned companies Houlder Bros and Royal M*il Lines, and the278 words
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205 1982-01-07 15 SHIPPING company executives and senior officials from ministries of transport in the 21 Arab League member states will be considering the disproportionately low share of world trade carried in Arab vessels. At the inaugural session recently, Mustafa Tayarah, director of the205 words
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147 1982-01-07 15 AFP A HONGKONG factory has seized on the worldwide slump in the marine-con-tainer business and is converting 20-foot and 40-foot containers into temporary construction site offices and homes. International Containers Ltd (ICL) says that it has sold about 50 units in the past twoAFP - 147 words
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Article, Illustration648 1982-01-07 15 AFP THE LONG term charter policy adopted for years by Hongkong shipowners continues to pay off. While many spot operators in the world are in hot water because of the sharp downturn suffered by shipping markets in the second half of last year, Hongkong ownersAFP - 648 words
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5664 1982-01-07 20 SCHEDULE A guide to ships loading at Singapore for ports around the world 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 of5,664 words
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Article1096 1982-01-07 21 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Ship's Voy ETA LinM Gdn Op. Anders Maersk 8201 Strathconon 167 Ktl Mam 18 Maersk Mango 01S/ 55D Bunga Penaga 52B Sun Diamond 17NB Slrl Bhum 46NA Kansal Pioneer 3N Ibn Younus 36 TW Bridge 9W Nlhon1,096 words
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Article1669 1982-01-07 21 The leading shipping lines operating from local ports and their agents. A B Aettpctoc* Shpg Singapore Shpg Agencies (S) Euro-Asia Um (PN KL PK). Adriatic CiiUliw Continental Feeders (S) Cargo Freight (PK). APKA Singapore Shipping Agencies (S)/ Euro-Asia Line (PK/PN). Un-EuMk Un Tranagroup Pie Ltd (S).1,669 words
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Article, Illustration1301 1982-01-07 22 VIRTUALLY every day of the year a container or breakbulk vessel of the United Arab Shipping Company (UASC) sails from ports in Europe, the Mediterranean, the United States or the Far East for Gulf ports. In 1980, the company operated over 350 sailings with1,301 words
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594 1982-01-07 22 BRITISH and European shippers' bodies are pressing the North Atlantic Westbound Freight Association (NAWFA) to reconsider its decision to raise general cargo rates by 12 per cent from Feb 1. "We have had shipper representations and they will be reviewed," NAWFA chairman594 words
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Article110 1982-01-07 22 FIVE SHIPS, including three foreign freighters, crashed against one another in stormy waters while berthed off the southern Japanese port city of Kitakyushu recently. However, no crew aboard the vessels were injured. Maritime safety officials said the foreign vessels involved in the accident were the 9,515-ton Taiwanese110 words
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282 1982-01-07 22 THE JOHANSSON group, badly hit by high dollar interest rates and the cost of operating under the Swedish flag, has won a breathing space from its government while it sells six ro-ro ships associated with its discontinued Middle East service. The government282 words
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Article, Illustration149 1982-01-07 22 THE Dyichevsk port on the Black Sea is one of the biggest in the USSR. It has a water surface of close to 600 hectares which can accommodate dozens at major ships simultaneously. The same bay harbours a fishing port and a dockyard. The Dyichevsk-Varna sea ferry line149 words
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Article, Illustration516 1982-01-07 22 tBBIViIJI KEPPEL WHAJt VEB Alkaios (15 after FuUmi Mam A John Bakke shifs 33/34 Builder U (TO) 22 Car Liner No 1 (Ro/ro) (230 after Shift ngshan) 45 Feng Lei (after John Bakke shift A Glory Duck sails 35/36 John Bakke (i) (after Futami Maru A after516 words
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Article189 1982-01-07 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 (FAB 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. Australia/Straits189 words
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Page 13 Advertisements
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Advertisement439 1982-01-07 13 HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.KeUnf/Keeiunf/Busan/lnchon Fm: Busan/H.Konf/Banfkok Tel S'pore: *****11 P.K. *****4, PN *****5 K.L. *****0 I mm i LONDON Freights H/HI PORT Conditions n SHIPPING Schedule vm CONTAINER Schedules IX WHO Acts tor Whom IX REGIONAL Weather X SHIPS Ii Pert X cXTTTr439 words
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Advertisement226 1982-01-07 13 S3SEALORDU UASC UNITED ARAB SHIPPING CO'SAG; EXPRESS MULTI-PURPOSE SERVICES S pore Losing tor Abu Dhabi (22/2) Dubai (25/2), Dammam (1/3), Shuatba (4/3), Jubatl (7/3), Kuwait (10/3) FULLY CONTAINERISED SERVICE Accepting LCI cargo for Dubai. Kuwait and Bahrain Vessel I S pore I Loading for a *a DEPARTURES TO USA, CANADA226 words
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Advertisement458 1982-01-07 13 <&cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents WMPACIfIC THMB4 TIMNM UOKI PTL Lfl. Tet *****4 (5 lines) SINGAPORE G3 MAERSK LINE EXPORT FULL CONTAINER SERVICES ITO: US. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS P*nu| MAERSK MANGO MAEXSX MANGO MAEK» MANGO MM458 words
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Page 14 Advertisements
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Advertisement778 1982-01-07 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CON LAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE 1) Barcelona, Genoa. 2) Amsterdam. Antwerp, L.Hawe, Bask. UK. 3) Bremen. BreawrHavw Aartus, CopaMapn, Hehmki 4) Madno Stockholm Oslo 'Accept** <*r»778 words
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Advertisement217 1982-01-07 14 mmmmm SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA I 1 7/1 »/l vi it/i a/i 4/1 21/1 M/l VI 11/ i M/l 11/1 »/i a/i M/l 2/2 KIT MMMLI IMM TA»" 15/1/42. "ftAfUBER TALISMAN" 17/1/42, "BARBER TOBA" 1/2/12. TO: PANAMA US ATLANTIC EAST CANADA US GULF EBTHEUB" 4/2/6217 words
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Page 15 Advertisements
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Advertisement559 1982-01-07 15 The Straits Steamship Group QCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT STRAITS SHIPPING llnqipflu to Sibflh, jfiwifc. Brum! Port* and Bangkok To/From Bangkok mm ih. Sarawak and Bnaai CONTAINERSHIP SERVICE FROM UK CONTINENT GULF TRAM Ajointeervteeof Ben Line, Ben Ocean Blua Fuooml, Ql«n Una andNSMO Ta UK/Ciiiiimi (via559 words
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Advertisement191 1982-01-07 15 pfa Franco Belquin Services Mm b ■b b>. x,f. h. t.. h fcj C.M.C.R OPTOK(i CO <M) SDN Kill) Singapore ??2i'44 ifcOJI J= =(9 AMERICAN PRESIDENT LINES, LTD Thru Service DISCHARGE to and tro* Ct»c*o M*»a»»ee. rtnn St Pant St Loois Kansas Den** Drtroit Mas Fort Wort* Oklahoma My Tutu191 words
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Page 16 Advertisements
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Advertisement643 1982-01-07 16 TO NORTH EUROPE/ Hapag-Lloyd Qulibi 16/1 18/1 4/2 6/2 7/2 Km 23/1 9/2 U/2 12/2 1 CarNga» Bay 27/1 14/2 16/2 17/2 1 Takytßay 27/1 18/2 20/2 21/2 2 B«u»« 2/2 22/2 24/2 25/2 2 Also accepting transhipment cargo tor CARIBBEAN WFSI MCKS na Hamburg WMWMn Omti nnni CJittaAtr Vato643 words
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Advertisement418 1982-01-07 16 BG.&.line KOREA SHIPPING CORPORATION STORE P. Keiang PENANG ALT MR 171W 22-25 Jan 26-21 Jan 29-31 tan BUSAI BANGKOK ALTAR 172E 22-25 Jan 26-28 Jan 29-31 Jan TO BUSAN VEGA 169* 11-20 Fab 21-23 Feb 24-26 Fab FROM BUSAf VEGA 170E 11-20 Fab 21-23 Ftb 24-26 Fab FROM BUSAf BANGKOK418 words
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Advertisement490 1982-01-07 16 EVERGREEN LINE FAR EAST/EUROPt CONTAINER SERVICE ACCEPT* Fa 4 ia CARGO FOB Spirt MM femtof Ftfntew hrtwin It Httrt [«i<M 11/01 22/11 2/V 4/12 t/v |/(7 »/ST Etarfctary 21/1 U/2 13/2 U/2 u/f 11/Y Etar l*n 27/1 7/2 11/12 21/12 23/12 25/12 24/«2 ALSO ACCEPTS LCI/FCI I FCI/FCI TO; GOTKNBWG,490 words
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Advertisement911 1982-01-07 16 fi Burrm Five Star Shiooino Coron. I nMSHKSTtirni* mamma PUM k|| Burma Fivt Star Shipping Corpn. "BURMESE NATIONAL LINE" T LOADING FOR RANGOON S>« PJUtan rnM| nttSMWKltmit 1/1 la, KTANTAVTM HPT/U Im racM li/ii i* mUMKCTtWYIM n/» im B F S S C Agants m Matoyvo BOUSTEAD SUPPING TEL NOS911 words
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Advertisement370 1982-01-07 16 IELO.S.E. OCEAN SHIPPING ft ENTERPRISES PTE ITC m SANKYO LINE WESTERN «*R HOKOMMU SUN TRUER SMKOUMMU (MSB wscourr KWVU OCim RESOURCES NESTERN RWER JAPAN/STRAITS SERVICE Sac*** P fm SncKwrt Ml/1 Ml/1 lt-17/1 IS-20/1 25-*/! 3- 4/2 IHI/2 14-15/2 ocean mptm i ommss pte ltd TU 22*1144/7 ft *****71 US? ASM370 words
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Page 17 Advertisements
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Advertisement602 1982-01-07 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) j. VESSEL R.)/i rrn S'PORE I COLOMBO I HODEIDAH I JEDDAH I AQABA I COLOMBO KOTA SAHABAT KOTA SAHABAT 21W/22E 13-14/3 17-11/4 msmwA O'Alk' 21-30/3 3-4/5 12-13/4 17-11/5 17-11/4 22-23/5 Accepting LCL Cargo to Colombo, Aqaba and602 words
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Advertisement766 1982-01-07 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE HBURC 8 HAVFN ROAM WkVKSOTON Spore P ft«tn(N Ofmtny' A«tria Aaterp FrwctMUß Spwt P R«in| 12/1 U/l ivi ivi 4/2 i/t un V 2 4/2 J/7 7/2 31/1 l/I 14/2 11/2 11/2 IV! H/2 12/2 IV! 15/2 M/I 14/2 U/2 17/2 11/2766 words
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Advertisement557 1982-01-07 17 i V I ScanDutchU WEEKLY EXPRESS CONTAINER TO MCP/UK/NCAf AM SERVICE 0/1 MSB owut mm IVI 14/1 ifumca s su a/i u/i Sooi» l>«M*i?)r«Mi 3>*Ttaf|4>Ckw| i r, 5 > rj S WM4>O-M« s*« «)M» |»»MM« ta« *1 m kM Ti *5* M M M at M rn XVI -HI/1 n/i557 words
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Advertisement404 1982-01-07 17 a* BOUSTEAD SHIPPING AGENCIES BANK LINE IPEPEHDEMT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) SPORE R'DAM HULL HMBG IVYBANK 14 Jon 8 Feb 11 Feb 15 Feb CLYDEBANK 12 Feb 9 Mar 12 Mar 16 Mor (Deep Tonk Space Avoitoble) Luke«/-°-Lines U.S. WEST COAST SERVICE I (j* mm ma at iMfteadi404 words
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Page 18 Advertisements
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Advertisement690 1982-01-07 18 EXPRESS CONTAINER SERVICES TO NORTH AMERICA tStlS* Pi jp MOflO MFSsn t Mam U/l 17/1 Orient Man, «atti Mara Varrum Bnd(t Ne» Tort Maru tartar lotoar inuk atu iraiaMt a* ra^mt ar»-xrsxi JAPAN-STRAITS-JAPAN ran Pen** PKelanc Spore Tokyo Najo,a Kobe 3 2/1 4/1 S/1 I X W1 20/1 21/1 ""PS™»"690 words
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Advertisement379 1982-01-07 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE l«*( to: l<» ANGELES, SM FtANCSCO JtATTU. TACONA VANCOUVER IC Ace*** Fa/Fa Zmtmn .if ST' AUSTRALIA EXPRESS CONTAINER SERVICE Acc«pfe( Fa/Fa CmlMti "H? S r S* AM 70 ton ton 30 ton frm SSI— M,b ,frt 10 f frt 21 FM) 4Mo 6379 words
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Advertisement721 1982-01-07 18 c (rl'Olll) SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUIL DING SING APORFOIO4 MARKETING 9111?? (3 L INC SI GENERAL 9U n ,„4 L ,N f S, TERMINAL OFFICE *****83 TELEX RS 7459S RS ?V>6« A B CARSHIP CABLE CARGOSHIP KcgiMul Loiifjiiiicr Lines A WEEK to/from BANGKOK j SHI721 words
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Advertisement700 1982-01-07 18 KORINS MARITIME SERVICES ff Room 601, ICB Building, Shenton vVay Singapore Tel *****22 *****67 p Kelang Tel *****4/*****5 MIDPIf EAST/RED SEA/EUROPE SERVICES S pore P Keiang Loadmg For: LPMGSBON 12 Jan Dammam/Bandar/Abbaj Bandar Khomtni BUNGA VANDA 30 Jan Bandar Abbas/B Khem Hi {Hyundae Shipping Co. Ua P KeUm Loadnc Oammam/Dubai700 words
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Advertisement513 1982-01-07 18 ■MM mm INTRASEA (PTE) LTD. Suite 2616 International Pia. a Ansor Ra Singapore 0207 Tel 224b5l 1 (10 Lines; BREAKBULK SERVICE TO EUROPE/UK S por» R. KfUnf Penane Lnadn tar ANANGEL SPMfT BBOOt 13 lan Ilm BOULOGNE RDAM UK (AVON) MM FULL CONTAINER WEST BOUND SERVICE CVQIA NBI2O ivsr e513 words
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Page 19 Advertisements
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Advertisement704 1982-01-07 19 NEPTUNE ORIENT LINES TO EUROPE/UK (VIA SUEZ): TW BRDGE 9*.... N JADE 5W+ K JACCWON 16N. NSAMCTSW..... MERC A TOR 25* K JACEJM 13W— Also accepting cargo to/from Scandinavia N JADE S'pore Closing Times. FCL Cargo LCL Cargo 0400 14/1 1600 13/1 FROM EUROPE (VIA SUEZ) K JACEJM 12E C704 words
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Advertisement627 1982-01-07 19 MALDIVE LINES MAUXVE NEIGHBOUR Loading For Hodeidah/Jeddah MALDfIfE CttST Loading For Male MALDfIfE NOVEL Loading For Jeddah MAIOfVE NAVIGATOR Loading For Muscat/ Dubai/Bahrain/Kuwait MALOIVE NATION Loading For Vietnam MALOIVE PEACE Loading For Jeddah MALOIVE PRMLAGE Loading For Madras/Colombo/ Karachi/Jubail/Dammam MALOIVE ATORTER Loading For Male ETA HA ETA VORE KUANTAN PORT627 words
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Advertisement820 1982-01-07 19 (15 Lines) Street Sinfapore 0104 Tete P hone Numbers *****3 Cable Address SINSOV SMGAPORE Tales Numbers RS ***** RS ***** RS ***** f. kd.uk NO IST WC ?NO FLOOR MESSRS M NO UALAN CEMPENMG PORT KIAMG MAt AVSIA rT^Tiiv Tel *****6/8 Telei No ***** MESSRS MM THOME SVfMt 23 WHd820 words
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Advertisement80 1982-01-07 19 P.E.A.C.E. PTE LTD ilJim- «A, MOUNT FABER ROAD MpM SINGAPORE 0400 TIJIIULi TEL: *****M/9 REGULAR FCL/LCL SERVICES TO AUSTRALIA, NEW ZEALAND, HONG KONG DESTMATON SYD. MLB. BRtS SYD, MLB, AOEL COLOMBO, CHITTAGONG, CALCUTTA HONGKONG HONGKONG Jir.gcy.'ouFfOlMina EXPRESS TO BWTULU SKI LONE UTV (Ml 1M) m 1/12 h Pari SMI LONE80 words
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Page 21 Advertisements
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Advertisement240 1982-01-07 21 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG MNG.JP Rf t N SHIPPING Pit t ID 11 i 9 World Irad<* Centre Martini* Square Spore Hi PS ?10K let *****11 ?*****i ?735>38? MSI Ml A'SH HS H (Mi Sdr Bhd Kt ftl •*.***** *****. Pt Kel Tel *****6 Tlx 3971b Penanf Tel240 words
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Advertisement361 1982-01-07 21 Kline KINKAI KAWASAKI KINKAI KISfN KAISHA, LTp.j JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe S pore Pen** P. Ketong Spore Tokyo Kobe K. noun V 3 SM SM SM 3M SM 7/1 1«/1 21/1 NORDSTAR ¥11 SM SM 9/1 11/1 11/1 MONTE EMERALD 1/1 U/l 21/1 22/1 24/1 2S/1 1/2361 words
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Advertisement279 1982-01-07 21 ft JOHORE SHIPPING *53 JAIAN TENGKU BAOAM PORT KfIANG 5 SfLANGOR MAIAYSIA HAJ SHIPPING SDN. BERHAD Lipress Unrttoad Servce from P Ketone 1 East Mataysa ft Brute 1/12 *2/12 *3/12 HV: 1/12 H* 2/12 H* 3/12 3/11 l/« 2 2/12 P. KELANG 16/1/12 »/l/«2 12/2/12 H/l/t2 25/1/12 1/2/12 hi Part279 words
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Advertisement185 1982-01-07 21 i APC LINE f ANMUTAK PEOTAMBANGAN m CONTAINER UNE FULL CONTAINER SERVICE SMGVOItE/rDMIC/SMGAraS/JMMTA (T6. HttOK) KSKLMK VOTME ID SMGAPOM HURT* SMGATOK fW *ssa NME VOTME NO SKUNK MftMTJk SSKAKH POMNG TUMI 2125/2Ui r 1-9/1 TMMKII TMS/TM 4-19/1 12-12/1 14-14/1 TMUMI 2MS/2MH 11-11/1 IJ-IS/1 17-17/1 19-19/1 TMBMKW 7MS/7V711 14-14/1 IMI/1 23-24/1185 words
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Advertisement163 1982-01-07 21 ICE MACK LINE OCEANUS SHIPPING AGENCY PTE LTD Ist floor Amoo Centre Smfaporp 0?07 ri RS 3M4<> OSAI Tel ???i? iblKiPs n CAIV/lI\AII IKI w —iiIIIIM bii v BULK TIMBER PLYWOOD SERVICES To: UK/CONTINENT PORTS Hambiri Rotterdam Antwerp Tftwy y G£ORGIS 9,n# r A. GEORGILIS 10 Jon 12 Jon (Accepting163 words
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Page 22 Advertisements
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Advertisement182 1982-01-07 22 WORLD LINE T T JAPAN/HONGKONG/STRAITS lj» 11/1/12 at tat l M.M ti li-W- Ni hrtMr mn*y to Ml RM 911, AFRO ABIA BUILDING, 93, ROBINSON RD., BTOREOIO6 Tafc *****30; *****13 *****14. ETA ETD IMM l a.*. iy smi lm ib. r vi 7/i m/M 2. a.v. Uri Smr" 12/1 14/1182 words
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Advertisement54 1982-01-07 22 [notice Dm| SUBLINE M.V. DONG BEE V.IIS at ptw m General Survey oa damaged cargo discharged ex the above vesael will be held oo Monday 11th January, IM2 a* from 9 00 am to 12 00 noon. No further «urvey will be held after this date ffflgl a»S« PACIFIC MAEinME54 words
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Page 22 Miscellaneous
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Miscellaneous127 1982-01-07 22 Betlonil Weather n 2S c-S Si > i. Wa »>* A 1 8 5S v i a 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 Shower Rain Cloudy Sky One full circle I—One fall Oeche127 words
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