The Business Times, 16 March 1982

Microfilm: NL11886
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 93/1/82 TUESDAY, MARCH It, IK2 60 CENTS
    11 words
  • Article
    Japan to look further into retraining centre plan
    387 1  -  By RICHARD SEAH JAPANESE aid for the setup of a »00 million workers' retraining centre in Singapore remains uncertain after yet another round of talks between the two countries. A study team from Japan will visit Singapore within the next three months
    387 words
  • Article
    Share prices-take a surprise knock
    157 1 Share prices- take a surprise knock CONTRARY to expectation*, share prices (ell at the Singapore stock market yesterday instead of continuing last week's technical rally. The Straits Times Industrial index recorded a 9.68point loss to 694.01. Most analysts and stockbrokers had expected shares to move higher this week, hoping that
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  • Article
    Harder times for textile industry
    463 1  -  By WONG SOUK YEE TEXTILE And garment manufacturers were only slightly hit by the recession and growing protectionism in the West last year, their output Calling marginally by $30 million to 11,430 million. As protectionists sentiment against textiles and garments was particulary strong because cheap
    463 words
  • Article
    Umbrella maker has $2.5m plan
    469 1  -  By LIM SOON NEO ONE OF Singapore's largest umbrella makers is investing $2.5 million to increase current production by another 3,000 dosen a month by 1984. Teow Hong Umbrella Factory Co (Pte) Ltd will be enlarging its present factory and importing custom-made machinery. Mr Stewart
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  • Article
    Singapore Turf Club pays $91m in taxes
    350 1 THE Singapore Turf Club paid *L7B million in taxes last year. This figure, which includes the club's income tax, property tax, betting tax and other taxes, is $8.8 million or 55 per cent higher than the total paid in 1980. Tan Sri Dr
    350 words
  • BRIEFLY...
    • Article
      Lock icon Gold falls
      49 1 Reuter LONDON, Mon. The gold market slumped again In the face of widespread disillusionment among investors, driving down the price of the metal about US$lO. Dealers in Loodon fixed the price at $314.25 an ounce which compared with the closing price on Friday of around $323.75. Reuter
      Reuter  -  49 words
    • Article
      Lock icon Causeway deferred
      66 1 AFP KUALA LUMPUR, Mon. The Malaysian government has decided that a second causeway linking johore and Singapore is not necessary for the time being as the present one is capable of meeting the traffic requirements. Deputy Public Works and Utilities Minister DrNik Hussein Abdul Rahman told Parliament that
      AFP  -  66 words
    • Article
      Lock icon Fishing licences
      53 1 AFP JAKARTA, Mon. The Indonesian government has licensed 162 foreign and Indonesian fishing ships to operate in Indonesia's 320-km exclusive economic zone this year, Fisheries Director-General Abdu Rachman said. The ships belong to 18 Indonesian government and private companies and 12 foreign companies (including largely Japanese but no
      AFP  -  53 words
    • Article
      Plan to buy US grain
      100 1 TOKYO, Moo. The Japanese government is contemplating a plan to buy surplus grain from the US to be delivered to third countries in the form of food aid. Ministry officials »*ld this would be one way to help redress the Japanese trading surplus with the
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    • Article
      Lock icon Construction council
      60 1 AFP TOKYO, Mon. The Ministry of Construction has set up a council to study basic problems related to overseas construction with a view to promoting the Japanese construction industry abroad. It will study the ideal form of international cooperation in the field of construction, training of manpower for
      AFP  -  60 words
    • Article
      Lock icon Steel programme
      51 1 Reuter KUALA LUMPUR, Mon. Asean should set up a Joint iron and steel industry programme similar to its motor vehicle complementation scheme. Trade and Industry Minister Tengku Ahmad Rithauddeen said small individual markets in the member countries do not support projects big enough to obtain economies of scale.
      Reuter  -  51 words
    • Article
      Lock icon Toyota units merge
      64 1 Reuter TOKYO, Mon. Toyota Motor Company Ltd and its selling arm, Toyota Motor Sales Company Ltd, signed a merger agreement to create the largest manufacturing company in Japan. Tne two companies will merge on July 1 to form a new company called Toyota Motor Company Ltd with
      Reuter  -  64 words
    • Article
      Lock icon Money growth
      28 1 Reuter TOKYO, Mon. Bank of Japan governor, Haruo Maekawa, said Japanese money supply growth has reached the maximum permissible under the government's current prices policy. Reuter
      Reuter  -  28 words
  • Article
    Midland Montagu Asia to split activities
    128 1 MIDLAND Ajfe, e gjtal 5" tags aai Ca aai MftS Bmmk, will be tpitttteg Ha aettvtttaa la the near fat tare. SfiSSS's Naataga aai Ca saM the aeparattaa Is Mag sf mwlw the grmma*wrZ I i If aai etoeiriMK? l^Ue^ Mr ChrMapher Clarke, a
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  • Article
    'Yes' to most of the budget proposals
    561 1  -  By WANG LOOK KEAH MOST OF the budget recommendations and the Government's general financial policy for 1982-83 were accepted by members of Parliament yesterday. During the five-hour-long budget debate, which continues today, 13 MPs raised several passible areas for policy improvement. Mr S
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      268 1 New Zealand's Third Exporters' Fair UmUu*: April fl t* M, lttt) Your chance to see and buy tbe best that NZ manufacturers and processors can produce. FVr details and/or brochure contact* Zealand Trade Oc«milarioner(lMh 236n66) H ONE of the two largest single shareholders in Van Der Horst, Commonwealth Development Finance
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    • Advertisement
      Page 1 Advertisements Column 2
      73 1 FRATA NEWS NVOC GROUP AGE SERVICES TO 4USTIMLIK ADELAIDE BRISBANE FREMANTLE MELBOURNE SYDNEY Frata NVOC will give you tha bast fraight daal in LCL from Singapore to Australia. Wa offar you: Compatitiva fraight ratas, ragular sanricas, B/L inaurad with London Undarwritars and professional sarvioa. FOR RATES AND BOOKING CALL MAY
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      Page 1 Advertisements Column 3
      0 1 <()_)?:,<.$:!"@>_$$&$%*.?(|-<|*
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    • Advertisement
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      255 1 DIMERCO EXPRESS (S) PTE LTD Afo international AIR FREIGHT SPECIALIST TEL: *****25/6 CHANGI AIR CARGO COMPLEX m and features Hermes of Switzerland, a leader in sophisticated electronic technology, presents Hermes 6006 A compact dry copter wrth ail the features you would expect in a much larger copier This is made
      255 words
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  • BANKING AND FINANCE
    • Article
      Modest profit for Orient Leasing
      397 2  -  By LEE YOKE MENG ORIENT Leasing Singapore showed a relatively unchanged rate of increase in profits last year, in spite of a more active market for leasing, hire purchase and chartering of vessels. Net profits at the parent company rose by 7 per cent (or
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    • MONEY AND EXCHANGES
      • Article
        PLR
        22 2 THE areraia rate at which atjor Singapore banks are currently prepared to lend to their best customers is 9.60 per cent.
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      • Article
        ASIAN $
        170 2 ASIAN ASIAN currency deposit Interbank rates as at close on Mar 15: UtMkf«Spt) 7 dajrs 14 15/*****V16 1 month 14 15/1614 IS/16 Smooth* 14 1V1S 14 12/16 Smooths IS 14H month* IS 14* 9 month* IS 14* IS month* IS 1414 Dm iifua Sw.fr*. A M 1 1 month 9%
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      • Article
        Discount
        40 2 RANGE of rrt em offer •d by dlscount boons oa Mar 13 Overstate. J* Call departs: CMM 3-month Treasury bills 214/16 213/16 3-month Bank bills 7* 3 months CD 1* 7* month! CD 7* 7* Source: National Discount Co
        40 words
      • Article
        Gold
        213 2 SINGAPORE gold futures yesterday closed sharply lower compared with last Friday's close in light trading following continued weakness in overseas gold markets, dealers said. Total sales for the day was recorded at 111 lots while kerb volume at 28 lots with activity spread over the months from April right
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      • Article
        Silver quotes
        29 2 New York 97B uaav 7.IMS Zurich 703B 7 13S MM FH Singapore 6 85B 7.00S Oostag pr tm In US doUan troy oun Source: Credit Suisse, S'pore.
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      • Article
        Tokyo
        111 2 THE dollar (or overnight delivery In Tokyo yesterday closed easier at 239.00 yen after opening at 238.60. This was lower than the 231.75/240.25 close in New York and 239.60/90 on the US West Coast and the 239.05 close in Tokyo last Friday Trading was s light *1.30 billion. After
        111 words
      • Article
        Hongkong
        52 2 Banknote rates yesterday US 5 72 5 7« uk io 25/10.45 Brunei IM/M W Germany 2.42/144 Malaysia 2.41/1« Philippines 0 «75 0.«5 Singapore 2.70/2.71 Burma I.SO/130 hfc 5 00 "5 20 Indonesia 0 830 0 Japan 2.405 2 415 Korea 0.77 0.12 Thailand 25 70 2t 20 Taiwan 14
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      • Article
        Singapore market
        583 2 THE American dollar weakened against most ma)or currencies on the foreign exchange market yesterday despite the announcement that US money supply had increased by US$3.4 billion for the week ended March 3. Dealers said this is because the news had been discounted and the market had already reacted
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      • Article
        LONDON
        33 2 Opening quote* yesterday US 1.8065/66 Cm 2.1*0/75 Cnm 1.2H0/W D Mk 4.77«/» OF1- 4.6842/® S FT 3.3085/735 B Fr can 7» OB/22 F FY 10 SM6 710 Ut 2308 75/2312J5 Yen 431.45/432.25
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    • Article
      Korea Exchange Bank taps US$30m
      262 2 THE SINGAPORE branch of Korea Exchange Bask yesterday issued its third floating rate certificate sf deposit in the Asian Dollar market. The bank tapped the market with a US$3O million issue. The maturity is five years and the holder has the option of redeeming the
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    • Article
      Lock icon Slow decline expected in German rates
      91 2 Reuter WEST German "«""f As» aodattan prtskhut Harakf Kuenen aid he does not expect the Bundesbank id make only short-term interest rate cots. The Bundesbank's aim Is to "breathe life in a measured way" into the markets, which means a slow reduc-. tion in
      Reuter  -  91 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      576 2 A COMPANY THAT PLANS ITS BUSINESS EFFECTIVELY SHOULD BE ABLE TO PLAN ITS OWN OFFICE STAIE LIKEWISE. GEIZGONCEPT 80s OPEN PLAN SYSTEM FORTHE OFFICE REFLECTS EFFICIENCY AND GOOD BUSINESS SENSE. V > i ■"<*■ v :'/A is. fmi i i Studies have indicated that the total office layout is as
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    • Advertisement
      Page 2 Advertisements Column 2
      113 2 Ma John ,'7\nn,Tea rl entertain you at the Jade Lounge f S r "4 I !> s > John, Ann, Pearl A rare combination of talent, vocal harmony and easy style. Each member with more than 11 years of music experience. This dynamic trio have just returned from a successful
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      453 3 4* s U' r si n?.f® E**n I T S. t I fi I I >■ n* -V mm X* > -r» £i fc> s I f f si tei a 4 v..?: I mmKk -■>« <&$■ kI <T!"" «.u/ 'fHs <• i T. i-. w m xIf. ■>■■<< 90
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  • OVERSEAS
    • Article
      Lock icon Fall in producer prices augurs well for US consumers
      739 4 NYT. THE decline in February producer prices to the US the first fall In six years is expected to be reflected hi consumer prices in the next few months. The consumer price index may even fall, said Lawrence Chlmerine, chairman of
      NYT.  -  739 words
    • Article
      Lock icon British want early start to talks on Hongkong
      284 4 Reuter BRITISH parliamentarians have told Chinese officials that the future of Hongkong should be negotiated sooner rather than later, officials said yesterday. The politicians, led by Edward du Cann and Arthur Bottomley, raised the problematic issue of the colony's future status during
      Reuter  -  284 words
    • Article
      Lock icon Robots to usher in new era for man
      194 4 UPI A STUDY by the US Congress says ritak eeaM eveataally reatoee hams as in factories, freeing mankind to to mere creative tasks and ashertag to a new However, this potential development Is ieng-raage hundred MMoadolL^toto? ft predletod that eveatoalty robots weald
      UPI  -  194 words
    • Article
      Lock icon US Treasury may cut borrowings
      543 4 Reuter GOVERNMENT borrowing in the United States, which in the first quarter fell far short of even the Treasury's own estimates, may also be smaller than anticipated in the second quarter. As a result, the Treasury may reduce the amount of bills outstanding during the
      Reuter  -  543 words
    • Article
      Lock icon KL'S TRADE DEFICIT
      446 4 Agencies MALAYSIA recorded a trade deficit of 1581.1 million during the first 11 months of last year against a surplus of $4.630 billion In the corresponding period in 1980. According to the Statistics Department, during the first 11 months last year, Malaysia's exports amounted to $23.536 billion
      Agencies  -  446 words
    • Article
      Lock icon Guangdong and Fujian lead drive for foreign capital
      293 4 AP CHINA has achieved greater success in attracting foreign capital through the coastal provinces of Guangdong and Fujian than it has for the other provinces, municipalities and autonomous regions combined. A report by the Japan External Trade Organisation (Jetro) said the reason
      AP  -  293 words
    • Article
      Lock icon Tokyo proposing new talks to ease trade friction
      330 4 Reuter JAPAN is to propose a new round of multilateral talks to settle international trade friction. Japanese Foreign Minister Yoshio Sakurauchi said on Sunday he would ■iffrst a new wssliai of talks, similar to the Tokyo Round of negotiations in 1973-79, when
      Reuter  -  330 words
    • Article
      New Thai company to make detergent base
      271 4 DETERGENT manufacturers la Asean will soon have another source (or sodium tripolyphoaphate within the region. A new Thai company, Thai Polyphosphate and Chemicals Co. will be building a 450 million baht (SHO.S million) factory in Thailand to produce this basic detergent ingredient The
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      633 4 spy yy Ri Women in Business Convention Featuring four self-made, dynamic and successful businesswomen from the United States Kathy Alls, Von Nash, Lilyß Moskal and Sheila Murray. Kuala Lumpur April 26 27 Singapore April 29 30 A convention specially tailored for women who want to excel fn their respective fields,
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    • Advertisement
      Page 4 Advertisements Column 2
      147 4 1 c wm MM JI ii' Q mac: I s WW ♦w prx ihico Jl> < •J i iK flTi II JT77TS iTm Binders in 7 attractive colours up to 122 cm(48") long and diameter from 4.5 mm (J I 6") to 5 1 mm [2"). "f f wsm VL
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  • TRADE AND INDUSTRY
    • Article
      Furniture maker in export drive
      354 5  -  By LIM SOON NEO HUP Cheong, a medium-sized furniture manufacturer, is spending more than |3 million to break into the US and European markets. Besides investing S3 million in a new plant, the company is employing foreign designers to create new lines for its export
      354 words
    • Article
      Greater leeway for ministries
      87 5 MINISTRIES will have more independence in deciding on certain groups of expenditure from April 1. A circular from the Ministry of Finance to all 15 ministries lays down the guidelines under which the expenses are decentralised. The expenditure groups include: permanent staff allowances, CPF/MPF contributions, Skills
      87 words
    • Article
      Telecoms buys system from Spicers
      86 5 TELECOMS has bought a $130,000 NBI System 8 multiterminal word processor from Spicers Information Systems for its purchasing department. System 8, with four System 3000b and three printers attached, will be used to prepare Telecoms' tenders and contracts. Miss Jean Pereira and Miss Jessica Ng,
      86 words
    • Article
      Orchid Inn acquires restaurant franchise
      229 5  -  By WONG MAI YUN ORCHID Inn hotel has acquired a restaurant franchise from a West German company. The hotel, a subsidiary of King's Hotel Ltd, has signed an agreement with Wienerwaid Holding AG to open an outlet in June at its premises. It also intends
      229 words
    • Article
      Philips to introduce new television service scheme
      281 5 PHILIPS Singapore will introduce its service certificate scheme on April 1 for new owners of Philips TV sets. Under the scheme, customers pay an annual charge of $38 and a per visit fee of $15, which covers the cost of repairs and the
      281 words
    • Article
      Fewer exhibitions to be held this year
      483 5 FEWER exhibitions will be held this year and. the next. The Singapore Convention Bureau calender shows that about 32 exhibitions are scheduled this year and only 20 in 1983. This compares with a peak of 48 in 1960 and about 44 in 1981.
      483 words
    • Article
      RIS to market Visual models
      176 5 VISUAL Technology Incorporated of Massachusetts, USA, has appointed Robin Information Systems as the exclusive distributor of its Z-80 microprocessor-based terminals. Mr Holon Wong, managing director of RIS Singapore, said the company will market four of the Visual models in South-east Asia. He said: "Our marketing
      176 words
    • Article
      Two housing officials from Japan here
      88 5 TWO OFFICIALS from the Japan Housing and Urban Redevelopment Corporation are here on a fact-finding mission. They are Mr Keiji Shimada, the corporation's planner, and Mr Takeshi Kamigahira, deputy chief of its housing management division. During their 10-day stay, they will hold talks with
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      316 5 When not but the best will Goldhill Square Office Tovver-Singapore-'s most distinguished off ice address Because your time is precious only Goldhill Square Office Tower will do. Conveniently located outside the CBD away from central traffic congestion and delays. Ideally situated for easy commuting from all parts of the island.
      316 words
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  • Article
    Assisting early school-leavers
    380 6 VEKY Few HELP-WANTED advertisements these days seek 15-year-old boys who have dropped out of school and have no skills. Yet there is a growing number of kids who leave school without passing their O-levels and they are left behind as the country progresses. These individuals could become
    380 words
  • Article
    Selling umbrellas in any weather
    178 6 THE WEATHER-is never too bad, even on the economic horizon. Strong protectionists barriers and volatile currency movements are no wet blankets to some manufacturers. Even when the going is bad, there will be those who will make good. It is in this respect that much
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  • Article, Illustration
    Lock icon Build-up of Japan's industrial parks
    1142 6 The surging «industrial development of Japan following World War Two is a well-known succese story. The other side of that story was the growing problem, during the 1950s and *****, of uneven economic development from region to region within Japan. Industry tended to concentrate in
    Steel Today and Tomorrow  -  1,142 words
  • Article
    New policy of relocation
    565 6 JAPAN'S lower economic growth rate has affected the development of industrial parks. Emphasis is shifting from new, large scale Industrial bases to medium-siae and small industrial parks HgwH to meet the needs of the many local communities in which they are located. The continuing policy of
    565 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      396 6 MERGERS, TAKE-OVERS and ACQUISITIONS MALAYSIA Thursday. 28 March 1982 0830 REGISTRATION Lowsr UMy. Kuala Lumpur HMon 0830 CHAIRMAN'S OPENING REMARKS MERGERS ft ACQUISITIONS STRATEGY ANO OSUGATIONS IN THE SINGAPORE TAKEOVER CODE OawaaTMa. Morgan Grenfe# Aaia Ltd. Singapore THE HONG KONG TAKEOVER COOE RECENT AMENDMENTS ITS IMPLICATIONS ON INVESTORS Mam bar.
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      456 6 To the last drop of blood WMPHOBN tafe Africa tralMd Ml amed with etutfitiMi at a war tmtgkrß gmm *mi waapw. vklek Nil white* Mi XKZZZ t i IMhl SINGAPORE 5 bttetar■l hr t/Kw§( Chi, 3.00 PM Opening Mewed by Tht Youig (Malay) And Tha Restless 7.5S Barbara MmM And
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      38 6 Another Morning Another Show (cont'd) SJ9 News 8.11 Another Morning Another Show (cont'd) f.N News-In-Brief f.M Another Morning Another Show (cont'd) IMI Prog Summary followed by Spun Magic lfcJl In Concert 11J9 News-In-Brief 11* The History Of Rock
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    • Miscellaneous
      Page 6 Miscellaneous Column 3
      99 6 And Roll IUI Your Lunch Date 1M PM News Lit Your Lunch Date (cont'd) IJI Midday Market Report I.Sf Your Lunch Date (cont'd) Ml Prog Sum* mary followed by On The House IM News-In-Brief MB On The House (cont'd) m Spun Magic LM News-In-Brief Mf Music My Way I.M News-In-Brief
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  • Article
    Stealing credit cards
    1088 7  -  CRIME IN A CASHLESS SOCIETY I t/.y :< are»™ ma u dulujo Beware of credit-card fraud By SHARON JOHNSON AMERICAN'S increasing reliance upon credit cards has created a major problem: an estimated US$l billion loss through fraud to credit card companies and consumers. "Credit card theft is
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  • Article
    Lock icon Tips on reducing the risk of theft
    249 7 NYT THE FOLLOWING Idem* are aaggested to risk sf credit ear* AVOTO earrytag am credit cards thaa DONT leave credit ear* to the sieve m feraltare to ketel reeam, sr to desks at hsaae the Brst ptaees thieves leek. Kbbt credit eards to
    NYT  -  249 words
  • Article
    Better a small dispute than armed conflict
    741 7  -  FOBUM Wlih BARRY VOLPERT -THE DIPLOMATIC FLAP over whether Efcypttea President Hanoi Mubarak will go to Jerusalem when he visits Israel, or whether he will go to Israel at afi, ■bould be greeted with relief. Better a diplomatic row over symbolism than an
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      247 7 Orange Grove/Tanglin/Orchard Roads NewCDtra-modem 5-storey Commercial Bldg. completing in April 1982 is available for lease. Ground Floor (Ist Storey) 4000 sq.ft. Suitable tor Showroom; Special* Department Store; Airilneticheting Office; Bank/Finance Outlet;, etc. 2nd Storey to sth Storey4,6oo sq.ft. (each floor) Suitable for Specialised Shops; /v\edicalClnic; Offices Facilities indude Basement Car-Parking;
      247 words
    • Advertisement
      Page 7 Advertisements Column 2
      298 7 KUWAIT UMVERSTY Til v K Kuwait University is recognized in academic and research circles in one of the finest computer facilities and services in the Arabian Gu region. Computing at the Universityis supplied by a dual processor UNIVAC 1100/62 mainframe and four DEC PDP 11/44 minicomputers and over 150 terminals
      298 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      213 7 H OVE CBOMVOBD CRYPTIC PUZZLE 1 Injure an grow*' (3) nuiktlw >i i (9) t M to rtww off. SU teds a v*r en 10 Ai wild barte, iter have the* petal (9) U Qnantltloo written abort the maaw* (5) U Hollow victory tn a rirtml cam (5) 11 Oat
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    • Miscellaneous
      Page 7 Miscellaneous Column 2
      231 7 I mMmM t"! be (3) X Aim-ptt? N». bra pit! (4) a Basy carrier (t) EASY PUZZLE 1 TtaMftond) SmdniO) 9 Wsglar prtrtsi (T) 1» Avttty(S) Masai (S) rsi(T) rt*t(D ly med<*> tICSSt (t) Ml (4) 5 «Mr O) DOWN I 3 AaaaMt) YESTERDAY'S advance 10, Term-in-at-(Jun)e 12. LA-iDr-revl IS,
      231 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Cadbury has right recipe
      290 8 Reuter CADBURY Schweppes Ltd's 1981 profit increase and expectation of further progress this year reflect long-term strategies determined five years ago. Chief executive Basil Collins said the group's growth policies continue to aim at concentration on international brands, capital spending on modernisation and further rationalisation. A
      Reuter  -  290 words
    • Article
      Lock icon Likely delay in exploration
      276 8 Reuter BP CANADA, 64.5 per cent owned by British Petroleum, may have to postpone its exploration plans for the 1982 season because of delays caused by new Canadian energy regulations. BP Canada has begun talks with the federal government to renegotiate its 5.3 million hectares of
      Reuter  -  276 words
    • Article
      Comeng's profits down 15pc
      125 8 AUSTRALIAN eaglaeeriag groap Cwneig Heldlags expects a caosMerable Improvement la seend half profits after reporting a IS per Mat drop la Brat half earniaga. Net profit ia the alx maatha ta Dee 31 waa A 15.11 million against tt.M million bat the aachaaged laterlm dlvldead af
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    • Article
      Lock icon First half woes
      231 8 Reuter INTERNATIONAL Telephone and Telegraph expects the early part of 1982 to be more difficult In terms of earnings than the latter half. Chief financial officer M Cabell Woodward said the company expects gross national product to show a decline in the first and second quarters, to
      Reuter  -  231 words
    • Article
      AEG confident
      144 8 AEG-TELEFUNKEN expects a slight rise in turnover and new orders this year. As the West German economy is expected to stay weak, there are doubts whether the industry will be able to adjust to international competition, AEG said in a preliminary statement of 1981 results. Further, high interest
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    • Article
      U.S. ISSUE PRICE OF HITACHI
      81 8 FIVE million American depositary shares of Hitachi are being offered at U5524.50 per share Morgan Stanley and Co and Nomura Securities International, managers of the underwriting group, said each American depositary share represents 10 Hitachi shares, and is represented by American depositary receipts. Net proceeds
      81 words
    • Article
      AMP bid
      44 8 THE CROWN AGENTS is studying a bid from the Australian Mutual Provident Society (AMP) far its Australian property portfolio. An AMP spokesman in Sydney declined comment on an Australian newspaper report that AMP had successfully bid more As3oo million for the portfolio.
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  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      250 8 here to wine, dine and entertain Don't leave home without it. To apply for the American Express Card Ca11:*****33 Ideal\far picnics affk^iunches i (*~f J A packed meal for 38aS®<tflhe DolpfjmSnact{Shop All served with pickle and plain rice Delicious Nonya Packs 4k available 7 days a week from 11 am
      250 words
    • Advertisement
      Page 8 Advertisements Column 2
      85 8 For lunch. For dinner. For a richly rewording experience. rll '><> 10 T. %.lT"irJ 4 For reservations call *****77 i W-'*/ I'nrk SIM-niliHi Siii^niNii-c SHERATON HOTfcISAND INNS JVt)RLDWIDt NaSv" H S ,r >C,iOO'»? Tp '3796/7 Oo«-'Ht- ANA hc T hLS INTERNATIONAL NUTMECS a 10.30 a.m. 3 p.m. $21 per person
      85 words
    • Advertisement
      Page 8 Advertisements Column 3
      199 8 FIX H r ()\TI\I-.M S Rl STM K V N T Before you fly awav to foreign lands, check-in your hags then seek out the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superb international you've ever tasted. Lunch 12 nwn pm Dinner 7pm
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    • Advertisement
      Page 8 Advertisements Column 4
      177 8 When you dine, dine Cantonese. i "N 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 set for an evening
      177 words
    • Advertisement
      Page 8 Advertisements Column 5
      152 8 See Page 11 for Asian stocks f t r 1\ ft > The Dragon Palace Restaurant is where you can dine in regal splendour and feast on splendid dishes fit for a King Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome'
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  • RAW MATERIALS
    • Article
      Produce exchange
      172 9 CHINESE Prsdaet Exnhaagi, par 118 kg yesterday. Cinast «II: Bulk fob $96.00 sellers, old drum (In second hand dram) fob $108.00 sellers, new drum fob $112.00 sellers. Cepra: Mixed (loose) $45.00 buyers. Pepper: Muntok white pepper fob Asta NLW $375.00 sellers, Sarawak white pepper faq fob NLW $370.00
      172 words
    • Article
      TEXTILES
      196 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Csttsa yan: China Blue Phoenix 20s 2,430 32s 3,140, 40s 3,200 (per bale of 400 lbs). Pises gssds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      196 words
    • Article
      RICE
      320 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.02, 100 per cent third class 1.00, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.70, Special
      320 words
    • Article
      Lock icon Tin export controls likely to be agreed at ITC talks
      488 9 Reuter TIN EXPORT controls are likely to be agreed at a special meeting of the International Tin Council (ITC) which has been called for this Friday. The meeting has been called by ITC's executive chairman Peter Lai. ITC delegates said
      Reuter  -  488 words
    • Article
      Straits Tin
      78 9 THE STRAITS tin prim Mi yesterday fsr the fifth enneattre trading day at MSSUS kite, wtthia the lower sector efsajf aadfttJl. Despite larger tireever, the heifer stack maaager wee evtieat strongly supporting the market by tektig a major share sf the tetel sepply te held the priee et
      78 words
    • Article
      CLOSING PRICES
      32 9 Rubber: Mar IB Singapore: April: 182.00 cent* (down 14(0 cents) Malaysia: April: 204.60 centa (down 2.00 eent) Tin: M 530.35 per kilo (unchanged) Official offering: 343 tonnes (up 55 tonnes)
      32 words
    • Article
      Lock icon Thais may help KL rice sector
      139 9 AFP THE Thai government may consider sending more crop experts to Malaysia to help it develop the rice industry. The Thai Minister of Commerce, Punnamee Punsri, however said this depended on whether Malaysia would forward additional request for such experts. At the moment one
      AFP  -  139 words
    • Article
      The tasty way to win over world cocoa market
      680 9 COCOA IS a product whose market depends literally on "good taste" as its distinct hallmark. It is an appetising food product with a market mainly confined to people who can and will pay handsomely for what they want, provided they can
      680 words
    • Article
      RUBBER
      339 9 RUBBER prices in Singapore yesterday closed slightly lower with April One RSS buyers quoted at 182.00 cents per Idlo, down L5O cents from last Friday's close, dealers said. Morning prices were marked down slightly on some profit-taking after a marginally higher opening in very quiet trading, they said. Afternoon
      339 words
    • Article
      RAS PRICES
      303 9 RA8 prices in ccnU per kilo yesterday; (per kUo) (per kilo) Iat 1 R.S.S. prompt f.o.b 1X2J0 Int. 1 R-S.S. Apnl 1X3J0 Iat 1 R.S.S luy lft.OO Int. 2 R-S.S. m m UK/Coot 100.00 Iat. 1 R-S.S 100.00 UK/Ooot le.eo Iat. 4 R.S.S. ***** UK/Coat. 1SL00 Iat. 5
      303 words
    • Article
      SSR and SMR
      99 9 NOON 881 R Ud SMR pnoaa rm friar ■AS S8RJ0 S8R SO MKKLB SMRCV 3 MR L 8MR5 3MRGP SMR 10 SMR 10 SMR SO 1 <1-W» paUat) (1-MB (MlWt) (l taa pailM) (1-toa imBm) ll-toa pdkt) (1 UMIMIIM) il toi pallM) 11 ton p>Urt) (1Mb paMO
      99 words
    • Article
      Lock icon TEXTILE MEETING
      243 9 Reuter INDIAN and RBf n/fw»t« begin *«ii" in New Delhi today 00 a proposed new agreement that will set quotas for Indian textile Imports Into the Common Market. The three-day talks would follow terms outlined In the third Ifultlfihre Arrangement (UFA) agreed last December between textile-Importing industrialised countries
      Reuter  -  243 words
    • Article
      LONDON MARKETS
      917 9 COFFER: Robusta futures yesterday were mixed at midday In thin trading with prices betnecu £8 a tonne up and £9 a tonne down on Friday's close In traded positions. Dealers said trading was generally featureless with the only factor of note being some late session buying interest on
      917 words
    • Article
      PALM OIL
      130 9 THE Kuala Lumpur crude palm oil market yesterday closed lower in quiet trading on lack of buying support, dealers said. In March, central was traded Mss lower at $930 a tonne. In April, south and central regions fell $2.50 each to $930 and $925 respectively, and in May,
      130 words
    • Article
      Lock icon Buffer manager confirms US$70m Saudi loan offer
      204 9 Reuter A SAUDI Arabian institution has made a loan otter to the International Cocoa Orgaaiaation (XXX» buffer stock of USfTO mmtnf. on favourable terms. ICCO buffet stock manager Juergen Plambeck, in answer to a question teDowlnf reports of a ISO minion loan offer
      Reuter  -  204 words
    • Article
      Lock icon Demand for lead lower
      136 9 AFP WESTERN world consumption of refined lead and sine dropped 1 per cent last year, accordtag to the latest statistics of the lateraatfenal Lead aad Zinc Stndy Group re lea aad In Loadoa last week. Refined land covumption fell to l.m.m toaaes «p*—» 3J8,000 touaas la
      AFP  -  136 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      113 9 FURNITURE A!T M Touch of Class LUXURY INTERIORS PTE LID 321, Plaza Sngapura >ACTO*y MfMfStMTAnvK f Oft SOUTH CAJT ASM S7THL(S.EAJPTE LTD Unit 1003, 10th Floor. Tan Boon Liat Building, Out ram Road, Singapore 0316. Tel: *****47 (3 Line#) Cable: STIHLSEA Telex: RS ***** vv BANK OF TOKYO, LTD. Singapore
      113 words
    • Advertisement
      Page 9 Advertisements Column 2
      351 9 NOTICE MULTIPRO TRADING PTE LTD (incorporated in toe Rapublc of Singapore) (r Voluntary LxMdaton) NOTICE OF FINAL MffTING NOTICE IS HEREBY GIVEN pursuant 10 Secfcon 272 of toe Companies Act Cap 185 toe Final Meeting of members of Ihe Company w* be held on Fndey. 23rd April. 1962 at 11
      351 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1447 10 BID and Oder prices officially ttstod and bastasM to and reported to tht Sttrt Exchaage o< Utippcri imltrdiy with the number at dmrm traded shown ta brackets to lota at MIO nits, antoa otherwtoe specified. SECTION ON* INDUSTRIAL COMMERCIAL AliM Chan (I.TOB
    1,447 words
  • Article
    Unit trusts
    159 10 MWOAT The Comma The Savings S pore Prnr Span Sk. S por* law oeeuNfTiBiwr t» L» fund Ul 1.M Fund Ul LB "W Ul 1JT Fund 1.0 um PULMOWPM< nt—w^< S'porf Fd(US») m ITW Mr IM M) •74 IV LM <F*»<in«Mj) S pore Equli AJOi 7 rrno 1.17
    159 words
  • Article
    SHARE INFORMATION SERVICE
    2767 10 1M1/1MS Hick Low Cm|U7 Last Sale +orGr's Dir Div CTT Gr's YTd Net P/S Vol ("OOO) Day Hick Low SBCTION ONB INDUSTRIAL A COMMBBCIAL 4M IIS M m no aw no 532* m 4M 2(7 11S 130 ISO 9M IS SM 2M SB 221 Aetna Alcorn Allied
    2,767 words
  • Article
    In Kuala Lumpur
    1279 10 BID and offer price* officially listed and twain» in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of aharea traded shown in brackets in lots at 1,000 units, unless otherwise specified. nonuu ĕtmm (LMB) (1) LM (5) LB A (to (IBB) AMD (IMB
    1,279 words
  • Article
    COMPANY MEETINGS
    192 10 8ENT08A Pljwui BerM: EGM to be held at 4th Mile, Jalan Mening, Kulang, Hohorem Malaysia. on March at 12J0 pm. e e e TEE Baktt Katfi Batter &I>Im Mad: EGM to be held at No 22 (Upper floor of No 20), Jalan Gelanggang, Malacca on March 22 at
    192 words
  • Article
    Afternoon gains trim early losses
    357 10 SBJCnVI kfljlB( k Mm tHim fcppi" itMk BMlkll, wm w IB2BIL2ui JSS laser at MJL At ike art* day elm, tt «ee a* by IUI pnk JMi 55»MHiBi. ~B ,i Hiwwr, M Hew M yea» BrMjl PMT pHtnHH*, Ib Ml ft» IN Man eay taehßtaal
    357 words
  • Article
    Prices remain soft in KL
    623 10 EXCEPT tar some Isolated steady spots, prices remained soft on the Koala Lornpar stock market jsalsiilsj as operators' dslorltnstlon to deal wss still apparent In (act, none of the counters trnded in the flnnnoe, hotel, pmpeity nnd commodity sectors ywatsrrky was spared from lousss. On
    623 words
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  • COMPANY NEWS
    • Article
      C & C Bintang confident of improvement
      735 11 C C Bintang confident of improvement CYCLE and Carriage Bintang is confident of "some improvement" in its current year's profit and is embarking on a significant new capital investment programme in line with Malaysia's expected economic growth. Stating this in the company's latest annual report, chairman, Mr Chua Boon Peng
      735 words
    • In Hongkong...
      • Article
        HONGKONG Land Company
        118 11 will acquire Victoria Lodge, the site of the former French consulate in Old Peak Road, from Sun King Fung Development Ltd. The site will be combined with Hongkong Land's four adjoining sites to make a total area of almost 16,700 aq metres. The envisaged development on the
        118 words
      • Article
        THE HANG Seng Bank Ltd's
        94 11 consolidated 1981 net profit amounted to HK35M.4 million ($437.33 million). A final dividend of $1.45 ($l-55) will be paid, ma king a total of $2.05 ($2.10) on capital increased by one-far-two bonne Issue. The compsny also announced a one-far-tour scrip issue. Rooks will be closed
        94 words
      • Article
        THE HONG Kong Aircraft Engineering Co Ltd's
        76 11 i group net profit was HKS3S.7 million ($43 mlllioo) in the year ended Dec JL A final dividend of 35 cents (same) «IB be paid, making a total of 50 cents (aune). Earnings per shares amounts to 59.51 cents (•.71). The company said
        76 words
  • ASIAN STOCKS
    • Article
      Market closes lower
      204 11 HONGKONG STOCKS IN Hongkong yesterday closed sharply lower depressed by continuing Arm local interest rates, brokers said. The $3.4 trillion rise in the latest US M 1 money supply figures dimmed the prospect of lower US Interest rates, and lessened the scope far a cut in rates
      204 words
    • Article
      Tokyo shares finish easier
      377 11 SHARE prices on the Tokyo stock exchange fell on light selling yesterday la the absence d any supporting factors, dealers said. The market average lost 46.73 points to end at 7,078.68, its lowest level since Oct 19 when it stood at 7,076.65. The Tokyo stock exchange
      377 words
    • Article
      Sydney stocks quiet
      230 11 BEARISH factors overseas and the big swing against the government in the by-election for the Sydney seat of Lowe put an end to the technical rally in Sydney yesterday. At the close, the overall market measure, the All-Ordinaries index, was off 3.4 points at 458.7. The resource
      230 words
    • Article
      Manila
      89 11 THE Manfli stock market yesterday closed easier as turnover rose slightly to 1.6 million pesos from 1.4 million pesos on FridayThere were no gainers. Losers were PhOex "B" at 0.1415 from 0.15, Basic Petroleum 0.0082 from 0.0006, Anglo Phil 0.002 from O.OOM, Phil Overseas 0.0345 from 0.025, Pioneer 0.001
      89 words
    • Article
      Bangkok
      24 11 MAX H MMl rw_. HA uf Ml Wtn fM EE r&s L— oq ■Mm Tm> «B Ml S= 2* <* n**gg I jcj |T1
      24 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      953 11 International Discount Company Limited (Incorporated in Singapore) 6 VA Balance Sheet 31st December 1981 Share Capital (Note 2) Revenue Reserves General reserve Profit unappropriated Total Capital and Reserves Current Liabilities and Provisions Deposits of customers (Note 3) Other liabilities including provisions and inner reserve Proposed dividend 411,727,469 242,241,545 *****,067,570 *****,822,871
      953 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      144 12 Rites Indices r n 555 10 MarlS Mar 15 Times Pub 525 282 *42 3B0 10 BT Indicator: *****8 *****6 Pu-KI Hume M Intraco u o r 4 4 Industrials: Finance 703 69 1C15.49 894.01 1588.87 384 4 Hotels: 1084.60 1075.80 BAT 257 3 Properties: 621.08 611.01 High Low
      144 words
    • Article, Illustration
      KUALA LUMPUR
      159 12 THE SINGAPORE stock market came under «Mther bent «f selling yesterday mernlig. A slight recovery la the aftcrnssn, hewever, enabled a few stocks to finish abeve their towest The Straits Times ladastrial Index drop a net 1.18 points to ciese at CM.9I, while the Bnsiness Times Indicator s<
      159 words
    • Article
      Selected indices
      2 12
      2 words
  • Article
    Big VDH stake changes hands
    395 12  -  ■Hii Companies Editor: Mano Sabnani By KOH TSE YING ONE OF the two largest single shareholders in Van Der Horst, Commonwealth Development Finance Co Ltd (CDF), has sold part of its holdings to another significant shareholder. CDF, which previously owned 30.8 per cent of VDH's
    395 words
  • Article
    Kay Hian director to retire
    228 12 MB TAN Ksk a dneter rf Kay fflu aai Oeapaay, will be nttrtag (nn toe wmh at toe eai M toto IMatk to nl ap Mi Ml lllMl—l M> Bk ImUm to ndn «u made last l«r, to mU, aad Mm aetotag to 4« with
    228 words
  • Article
    F Merlin Malaysia reports 25pc rise in profit
    210 12 FABER Merlin Malaysia has achieved a 25 per cent rise in group pre-tax profit (before extraordinary items) to M 53.64 million (or the first six months ended Dec 31,1981. Unaudited figures show a 33 per cent increase in group turnover to $28.47
    210 words
  • Article
    COMPANY BRIEFS
    85 12 OVERSEAS UbUb 8eearttt« has announced that the unaudited consolidated net tangible asset backing per $1 share of the company as at Feb 28 this year was $2.29. UNITED Overseas Iaaaraace has informed the Stock Exchange of Singapore that, barring unforeseen circumstances, the company expects to maintain its profitability
    85 words
  • Article
    First profit setback for Roxy since 1968
    296 12 ROXY Electric Industries (M) Bhd has suffered its first earnings setback since it started operations in 1968. For the year ended Sep 30, 1981, Roxy's pre-tax profit fell 41.2 per cent to M 53.86 million. This was in spite of a marginal increase
    296 words
  • Article
    TOSHIBA (M) IN THE RED
    57 12 TOSHIBA (Malaysia) Berhad has reported group pre-tax losses ef M 5896.000 (or the six montlu to Dec xTISBI against pre-tax profits of $1.38 million. Group turnover fell slightly to $18.23 mint™ (ram $18.6 million in the previous interim. Pre-tax losses of the parent company were
    57 words
  • Article, Illustration
    Lock icon Defensive strategy
    811 12 '■moa SSOeCL». by HOCK LOCK SIEW OUR editorial last Saturday suggested that investors should not hcaitate to hold on to certain shares in spite of the continuing bear phase in the stock market. This columnist seconds the view that the purchase of selective counters at their current depressed
    by HOCK LOCK SIEW  -  811 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      187 12 W <7 Serving coffee your way can be a very messy, not-so-hygenic and inconvenient affair. Do it the Cafe-Bar way no messy tabletops and sinks or complaining secretaries. With Cafe-Bar in your office, your staff, business associates and visitors can enjoy instant coffee at the cost of only a few
      187 words
    • Advertisement
      Page 12 Advertisements Column 2
      94 12 BAI \IE MERCIER m 1 Pjrtfr > milium i'\(|iiisili' liiiKpiiccs since IX3O. Singapore Authorised Dealers Cortina Watch Centre G32 Lucky Plaza, Tel: *****71/*****04; G4-8-9 Colombo Court, Td: *****28 Eastern Watch Co GB/9 Lucky Plaza, Tel: *****50/1; Cl/G2 Peninsula Plaza, Tel: *****17/8 Supreme Gift Shop Shop No: LU/7 Shangri-La Hotel, Tel:
      94 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      37 12 OUTLOOK for Singapore today: Fair in the morning, showers in a few areas in the afternoon and early evening. ItoMrt fir U hMfi prtor toUpnn March IS at fee alrp»rt: Total rainy days for the month 6
      37 words
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  • SHIPPING TIMES
    • Article
      Chinese pact cuts off Japan
      157 13 A NEW container shipping agreement designed to cut out Japanese middlemen has been signed by China and the Soviet Union. Under the deal goods from Manchuria bound for Europe will be shipped in containers through the Soviet Union to its western border. In return the
      157 words
    • Article, Illustration
      Sembawang Wharves to go on-line soon
      472 13  -  By JUNE LIM SINGAPORE'S Sembawang Wharves will soon be the first conventional gateway to have an on-line cargo delivery system. Two visual display units and a teleprinter machine have been installed at godown 204. These cost the PSA some $«7,000, not including the additional
      472 words
    • PORTSIDES
      • Article
        Lock icon New Mitsui service
        50 13 Reuter MITSUI OSK Lines says it will introduce a direct container service from the Far East to the US west coast by the end of May. The service will offer two sailings a month from Hongkong via Kaohsiung and/or Busan direct to Los Angeles, Oakland and Seattle.
        Reuter  -  50 words
      • Article
        Lock icon Visit postponed
        77 13 Reuter A DANISH negotiating team, scheduled to visit the Soviet Union on Sunday to flnaHa» orders from the USSR, has been told its visit was postponed indefinitely. No reason was given for the postponement but a shipyard official said the Soviet decision was apparently in reaction to an
        Reuter  -  77 words
      • Article
        Moroccan port opened
        150 13 MOROCCO'S largest port for phosphate exports at Jorf Lasfar, 100 kilometres south-west of Casablanca, has been inaugurated by King Hassan. The King, who was accompanied by Spanish Foreign Minister Jose Pedro Perez Llorca and Rumanian Industry Minister loan Avram, »i«n laid the foundation stone of port installations
        150 words
    • Article
      INDEX TO ADVERTISERS
      657 13 SMpptagLtae Achlprie«o Shpg PM* vm CM 1 Ale* vm 1 Alfred CT VI 1 All trans Alpac vn VI 4 9 Aaftniw IX 9 ANL 1 1 A PC Line IX 3 APL Argentine m IV 4/9 4 A9CL AjU Merchant AutUfli Line m VI V 1
      657 words
    • Article
      Lloyd's restructures Far East operations
      141 14 LLOYD'S Register of Shipping (LR) has restructured its operations in the Far East and divided its Northern Orient Region into two administration areas, Japan and Central Orient, which comprise China, Hongkong, Korea and the Philippines. Mr M MacNeill, formerly principal surveyor for the Northern Orient,
      141 words
    • Article
      Lock icon Prices for second-hand ships expected to drop
      626 14 Reuter FURTHER price declines for second-hand ships are possible, in spite of the fact that values declined in February to only half their recent values, with a large amount of tonnage due for delivery over the coming year, shipbroker Eggar Forrester says. Continued
      Reuter  -  626 words
    • Article
      Phillips Petroleum sued lor more than US$2b
      251 14 PHILLIPS Petroleum is being sued in the US for more than USJ2 billion by survivors and relatives of offshore workers killed in the Alexander L JDadaarf oil rig tragedy two years ago. A Detroit-based admiraTty law firm has filed 115 lawsuits against Phillips
      251 words
    • Article
      LONDON FREIGHTS
      1564 14 ACTIVE chartering developed last week far bagged wheat Dour cargoes for Egypt with four vtssek being fixed from Florida at Ml-45 and two vessels from Texas at $41.75. Rates generally continues to edge higher for a change with a 70,000 tamer from the Gulf to the Continent and
      1,564 words
    • Article
      SHIPPING EVENTS
      659 14 March 16 Marketing ferries, Chartered Institute of Transport meeting, Royal Society of Arts, London. March IB Carriage of dangerous goods in ships. School of Navigation course, City of London Polytechnic. March 18-19 Board of Marine Underwriters of San Francisco fourth biannual marine seminar, Mary Hopkins Hotel, San Francisco.
      659 words
    • Article
      Lock icon More vessels laid up
      306 15 Reuter WORLD MERCHANT ships laid up for lack of employment reached a three-year high of 28.9 million dwt comprising 565 ships at end-January, compared with 27.4 million dwt comprising 527 ships a month earlier, the General Council of British Shipping (GCBS) said. Tankers still accounted for
      Reuter  -  306 words
    • Article
      Lykes may buy foreign vessels
      217 15 NEW ORLEANS company Lykes Lines could be taking advantage of more liberal US rules allowing vessels to be bought abroad. The line has "groups studying fleet replacement alternatives," said Lykes' vice-president Mr Hughes Drumm. Reports have suggested that orders may be placed in Japan. Lykes
      217 words
    • Article
      Stevedores and lines agree on rate increase
      625 15 The Cebu Stevedoring Co, which provides cargo handling services in Cebu, and the Association of International Shipping Lines (AISL) have agreed to an 11 per cent increase in stevedore charges. VicenteTSuazo, Jr, Philippine Ports Authority manager in Cebu, said the two parties are
      625 words
    • Article
      SCI TO PLACE SHIP ORDERS
      364 15 ORDERS for vessels worth more than USII.I billion are to be placed by the Shipping Corporation of India during the next three years, said Mr NS Mahida, chairman of the stateowned company. The formal go ahead from the Indian government for 21 new cargo ships,
      364 words
    • Article
      SHIPPING LIST where your ships are due...and when
      4674 20 SCHEDPLE 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 of
      4,674 words
    • Article
      Container Schedules
      639 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Ship Voy Arrival for LCL Movement Date/Time Operator Cargo Schedule Mode Chengtu 128 17.3.82 0200 Straits 49 0900-1000 TT Leda Maersk 8201 17.3.82 1500 Maersk 51 1100-1300/2200-2300 TT Nlhon 066 ***** 1500 Ned-EAC 49 1200-1300/2200-2300 TT
      639 words
    • Article
      WHO ACTS FOR WHOM...
      1243 21 The leading shipping lines operating from local porta and their agenta. A B tapg Singapore Shpg Agenciea (S) Euro-Asia Um (PN/KL/PK) Adriatic CmMm Continental Feeder» (S) Cargo Freight <PK). APKA Sing»pore Shipping Agencies (8)/ Euro-Asia Liar (PK/PN) Airs Far arts Um Transgroup Pie Ltd Al Hirtpta
      1,243 words
    • Article
      Disputes come to an end at Southampton
      556 22 WORK at Southampton's container terminal is gradually getting back to normal after an agreement was reached between the dockers' unions and the British Transport Docks Board (BTDB) which operates the port. Southampton has been subjected to a series of internal disputes concerning working
      556 words
    • Article
      Lock icon Better service to increase share of Philippine trade
      811 22 Business Day PHILIPPINE-Gag lines should improve their services to assure themselves of a share of the market in the carriage of the country's trade. This point was made by Cebu exporters who are apprehensive of the possible ill effects of the proposed
      Business Day  -  811 words
    • Article, Illustration
      TOR BAY LAUNCHED
      219 22 THE latest addition to Overseas Containers Limited's fleet of container ships, the Tar Bay, was launched recently at the West German shipyard of Thyssen Nordseewerke in Emden. The Tor Bay is the first of two identical vessels, with the second nearing completion and due for launch in
      219 words
    • Article
      APL containers on an experimental train to New York
      389 22 A TRAIN carrying 100 Americas President Lines (APL) containers of Asian cargo is making a 84-hour run to New York from the Union Pacific rail yard. The experimental train will shave 21 hours, or 20 per cent, off APL's existing east
      389 words
    • Article
      PLANS TO BAIL OUT LAURO SHIPPING
      430 22 THE Italian Lauro family has deckled to use its private wealth to ball out the financially stricken Lauro Shipping Gtoud. The move, which could see the sale of the family's land and villas, is seen as a necessary step for the survival of the
      430 words
    • Article, Illustration
      SHIPS IN PORT
      544 22 ARRIVALS UEPPEL WHARVES A]Lair (0530 hauls) 38/39 Balpao (after Yu Ting) 44 BlntuhJ No.l (1500) 31/33 Gemini (after Done Ptng) Hoogqi It* (after Kinafaalu Sepuloh Sub), freeboard) IS Ikan Duri (Tanker) (after Ocean Hope P/O Sub], gas free) 15/1« KoU Pahlawan (after KoU Aogkasa) 10/11 KoU Tlmur
      544 words
    • Article
      The Consortia
      205 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 Shi Doing. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container
      205 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      193 13 L PIL GROUP ■MWUI CONTAINER FIXDUI UUTICX TO SOUTH KAIT ASIA. regular SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF and RED BEA PORTS. l\ J I K1) 1\ 1 W I \M sail/a^ f® Orient Overseas Co*da*teA Line 3/4 4/4 6/4 1/4 11/4 7/4 1/4 10/4 12/4 15/4 12/4 13/4 15/4
      193 words
    • Advertisement
      Page 13 Advertisements Column 2
      326 13 HSEALORDU I UASC UNITED ARAB SHIPPING CO SAG) EXPRESS MULTI PURPOSE SERVICES Jubad (27/4), Damnum (1/5). Bahrain (4/5), I Kuwait (7/5). Shuartw (10/5). I Abu Dhabi (13/5). Dub* (16/5) Kuwait (14/5), Dammam (18/5). Abu Dhabi (21/5). Dubai (24/5) FULLY CONTAINERISED SERVICE !tu3E! SEALOtt SNTPM6 AGENOES (Rtf. No. *****5/00 C) 3»
      326 words
    • Advertisement
      Page 13 Advertisements Column 3
      19 13 LONDON Freights SHIPPING Events SHIPPING Schedule CONTAINER Schedules WHO Acts for Whom SHIPS In Port REGIONAL Weather CONSORTIA r—
      19 words
    • Advertisement
      Page 13 Advertisements Column 4
      288 13 FAR-EASTERN SHIPPING COMPANY Regular Service* To SOUTH EAST ASIA, JAPAN, INDIA, UBA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES f TO: U.B. PACIFIC, QULF, ATLANTIC, EAST CANADA. ASIAN PORTO PhitedMpbta 1 20/21/3 22-23/3 27-21/3 20-30/3 MM 3-4/4 54/4 AXEL 11-1174 12-13/4
      288 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      829 14 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 7 Frew i—» 1) Gbarf 2) tfberf J) OM 4) IT torn 5) I* H P. 1) Oarcatona. Gonoa. 2) Amjtardam. Antwerp.
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      Page 14 Advertisements Column 2
      195 14 fH SUPERCARRIER SERVICE US ATLANTIC EAST CANADA r-niPi ITMTVVR. "lAMBI mwar VVK. "IAMOI TiUF", V/Vtt 10: PANAMA US ATLANTIC EAST CANADA US GULF a/j a/« v« vs 17/4 17/9 a/5 v* ,f2 v* an w% a* W iv» 1V» Mff iw WJ w w a/5 a/5 ia vi *a W
      195 words
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      Page 15 Advertisements Column 1
      958 15 The Straits Steamship Group occ Overseas Containers Limited fcONTAINERSHIP SERVICE TO UK CONTINfNT STRAITS SHPPWG Unqipflti to jabah. j wm> lit, Brunei Ports and Bangkok wmm u» 14/4 M/ 4 M/ 4 22/4 21/4 M/ 4 44/ 5 N/3 14/9 14/5 21/4 23/4 2V5 M/ 5 •4/4 tin 11/1 15/1
      958 words
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      Page 15 Advertisements Column 2
      284 15 Franco Belquui Services Mm ■y. h' t.> h I'm It Nwrt PAMmi S)n GMCT liU nto 23 to 25 Ftfc 20 to II Mb lite fj»_ tlf+ 3Mb 4Mb lII* 7H> 77 Mb- Site CONIMW 7Mb 11 Mr 12 Mb MM* IS MB 4 5% SM 14 MB II Mb
      284 words
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      Page 16 Advertisements Column 1
      422 16 Ck*j fa T •zsr l*1»Bar I trMStapaMrt caffO Mr CAMBMAM/WEST MMS <n» Hwnbitif' 8/4 13/4 17/4 22/4 P. UM| S pot* 21/3 23/3 21/3 30/3 ft/4 1/4 12/4 14/4 20/4 22/4 24/4 Wmmbmrn 2/4 20/4 22/4 25/4 9/4 27/4 29/4 2/5 KkEipa (11/4) 4/5 8/5 9/5 bprtM 23/4 11/5 13/5
      422 words
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      Page 16 Advertisements Column 2
      307 16 KOREA SNIPPING CORPORATION STORE P. K clang PENANG ALTAB 173W In Port 17-19 Mar 20-22 Mar FROM BUM BANGKOK ALTAB 174E b Port 17-19 Mar 20-22 Mar TO BISAM VEGA 171N 3-5 Apr 0-0 Apr 9-11 Apr FROM BUSJ BANGKOK VEGAI72E 3-5 Apr M Apr 9-11 Apr TO BUSAN KX
      307 words
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      Page 16 Advertisements Column 3
      473 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE uxsrmt rat la cargo fok (mt «ct*v 2/4 M/ 4 21/4 21/4 M/ 4 2/5 (Mr L»|» 11/4 a/4 V 5 5/5 7/5 9/5 11/5 (Mr dm* M/ 4 11/5 ii/S 14/5 U/5 15/5 ALSO ACCEPTMG La/Fa ft FCL/FCI TO: GOTICnUK. AAMfi. COPENHAGEN. OSLO,
      473 words
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      Page 16 Advertisements Column 4
      692 16 9 >M Fiw St* 9iiwm« clrjir |j 9 "BURMESE NATIONAL LINE" B T LOAOMC FOR MNGOON (j 1 B,i, A JL F SS C Motovwo BOUSTEAD SHWNG kfLAMG *****1/8 PENANG 362X1/8 D6CHAKGXG ONLY Ciapam o* hiwwn Wwmwk< CTNIIim-L—-"ARGENTINE NATIONAL LINE" LOAOMC FOB MUN MONTEUDEO BUENOS MKS CMW 29/39 Apr ■I
      692 words
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      Page 16 Advertisements Column 5
      168 16 "EL O.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE JAPAN/STMUTS SERVICE mau«<r7*j iWVWj am i am L SUN UNION LINE HMI4V7 > a UStMMKI IB 4MM/4M7M ttiwiom ■ami* !KL 222N52/J I Mk *-»7H/Vmi ni« KYOWA LINE TO PAPUA NEW GUHEA/SOUTH PAOFK NMa« Ln*|hr Lakh hpwte. Apb at S>m at M«d
      168 words
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      Page 17 Advertisements Column 1
      673 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL KOTA BAHABAT KOTA BAHABAT KOTA 8 AHABAT KOTA BAHABAT VOY. 19W/20E 15-18/4 20-21/5 24-25/8 28-30/7 EAST AFRICA/REDSEA SERVICE KOTAMAJU V.E-W7 KOTA Mi ANA In Pt/TS Mar Kandta, Bombay, V. W-2M KOTA OeWA M/ 311 V.E-171 KOTA
      673 words
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      Page 17 Advertisements Column 2
      283 17 ft) JOHORE SHIPPING ur[ ,c 3 JAI t ENC«U RADAR PORT KFI ANC, SFIANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Eiipress Unrtload Service from P. Keiang 1 East Malaysia Brunei F. KELANG Loading for HAYATIV: 4/82 23/3/82 KUCHMG. SBU HAYATI 5/82 4/4/12 KUCHM6, SBU HAYATI Y: 6/82 16/4/82 KUCHM6, SOU HAMDAH
      283 words
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      Page 17 Advertisements Column 3
      891 17 roawft fot, lit Car art Bay SB9 BEN LINE CONTAINERS EXPRESS corn WO SONICE TO/FRO* EUROPE KBWC B HAVEN ROAM MAVRt SOTO* ■T! ***<l"Car««»» AaUriaAirtyrarp franc* Al UK 18/1 21/1 11/4 13/4 14/1 14/ A 1/1 Nm| lai Eipmi M—l Eiprau T«ia Eiprtii it/} n/i a/3 a/i J/« VI 11/«
      891 words
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      Page 17 Advertisements Column 4
      450 17 I f i y i 8' Scan Dutch 9 AMMOSSSM 4NSOMSM k AMTMUSSM SJTMtSM tern a/} knuasmi 4UMUA22/3 mom a/3 i aims a/i 'MX 31/3 MBON 1/4 A fWCfSS 5/4 6 *a 7/4 wen i/4 MSM IS/4 EXPRESS CONTAINER Aki B/J 7/4 12/4 11/4 15/4 14/4 19/4 N/4 22/ 4
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      Page 17 Advertisements Column 5
      496 17 FORTHBANK' COtABANK IVYBAHK loods Pt Katong 26/3) BOUSTEAD SHIPPING AGENCIES BANK LINE MDEPOOENT SERVICE TO UK/COMT SPORE R'DAM HULL HMBG 25 Mar 20 Apr 23 Apr 2B Apr 23 Apr 19 May 22 May 27 May 28 May 23 Jun 26 Jun 1 Jul Lykosyfe Lines U.S. GULF MRECT SERVICE
      496 words
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      Page 18 Advertisements Column 1
      1142 18 K LINE KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICE RBDKSSL MONTE EKRALD VlO KANSAI POKER V 6 Mono vissa Tokyo VERRA2ANO 14 Apr bmdge MSO MARU 16 Apr lAPAN AMBROSE 23 Api NEW CRSEY MARU 3 May mm uyammh jt am 7 May 5 May 9 May 14 May 12
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      Page 18 Advertisements Column 2
      502 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAMU/REEFER SERVICE a*l to ICS INKLES. SAN FNANCBCO. Itmi. TACGMA. tMKOMER. IC ii i)> t rg/ra caUM P. UM| SMppwt I Vf*« A9STRAUA EXPRESS CONTAMER SERVICE irmUFgyra MM rMm r»m tot am s** mm »«b ft to 27 to I Apr It Apr It to
      502 words
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      Page 18 Advertisements Column 3
      618 18 r KORINS MARITIME SERVICES Room 601 ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4 *****5 m in MIDDLE EAST/RED SEA/EUROPE SERVICES Sport BUNGA VMOA 10 Apr LINNGSBON 12 Apr ASIA HOPE 12 Apr BUNGA ARANOAIt Apr P. Ketang loadhg Far tabai/Kuw ait/Muscat Bandar Abfaas/B Khomani Lattakia
      618 words
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      Page 18 Advertisements Column 4
      443 18 INTRASEA (PTE) LTD Su .i •> SifHj.it BREAKBULK SERVICE TO EUROPE/UK S'pn P. Kaiang Laadhg tar MM Hm Ml* S Apr 1 Apr WttOOK/IDAM/l* (AVON) Venal Laadtag at Kate XM* t SmM FULL CONTAINER SERVICE TO EUROPE/UK ftjipwi Loadtag Mr A. FDEUTY MB 123 30 Mar MM/Umml/ITmßh/ HaaMNrf/RaMardaM/Tkvy Alt* accepting
      443 words
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      Page 19 Advertisements Column 1
      786 19 t k Wi FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): 0 CHEF 2tW. K CHANCE 7W+.. TW BUDGE 10*.... C CONTAMER 15* K JACEWON 17W... NGAMCT9W Also accepting cargo to/from Scandinavia K CHANCE S'pore Closing Times. FCL Cargo LCI Cargo FROM EUROPE (VIA SUEZ) nemftn ot rsc »C
      786 words
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      Page 19 Advertisements Column 2
      614 19 MALDIVE LINES ETA ETA KUANTAN PORT KELA MAUNVE GRACE 17/3 Loading For Jeddah MAUNVE PLEDGE 23/3 Loading For Jeddah MALOIVE UPfTY 25/3 Loading For KARACHI MAUNVE NEIGHBOUR Sailed loading For Jeddah MAUNVE RTORTER Sailed Loading For Male MAUNVE HAVI6ATOR 30/3 Loading For Karachi/Sharjah MAUNVE PIONEER 30/3 Loading For Jeddah MAUNVE
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      Page 19 Advertisements Column 3
      734 19 55. Market Street Sinfapore 0104 Teiephene Numbers *****3 CaWe Address SKSOV SJNGAPOW Tetex Numbers RS 213*0 RS ***** RS ***** t KQ.AMC M/S SHAMAT MAN SOON SDN BM> IST AND 2HD FlOO* jfnr lIIU nm Ilgfu 5 <**> JSS sr* (REGULAR INOPENOENT SERVICE) ODESSA OCEAN LINE FULL CONTAINERBHIP SERVICES LOAON6
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      Page 19 Advertisements Column 4
      53 19 P.E.A.C.E. PTE L Al OA, MOUNT FARCRR< wHHMNHK SINGAPORE 0409 TUIUJU TEL: 22M9755/9 P] MOUNT ft REGULAR Fa/La SERVICES TO AUSTRALIA, HONG KONG p >* Tel: ZZltttf (i DIVISION OF TK TNT WORIDMK GROUP OF COWMES REGULAR FCL AND LCL CONTAINER SERVICE TO: Australia Sydney, Melbourne, Fremantle, Adelaide, Brisbane NowZoaland
      53 words
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      Page 20 Advertisements Column 1
      592 20 S S C Group SINGAPORE SHIPPING CORPORATION PTE LTD .TIM i (n fA\ Bull DING SINf.APORf 0104 •.IARM"V, li -j' S. GtNfßfli 9131 i?2IINE St '(i f RS V us J'.-b8 Ari x~ AHSHIP C ABl t CARGOSMiF' rrinui K e !i' w !»al 1..1!LP Container Lines SAll INGS A
      592 words
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      Page 21 Advertisements Column 1
      181 21 -H- EGYPTIAN INTERNATIONAI UN{ EH EGYPTIAN FLAG i> JL N ■-(ir HV Wi APCLINE f" ANQKUTAN CONTAINER LINE FULL CONTAINER SERVICE SSKAfOK/FOMNG/SNBAfOREyJAKARTA (TG. PMOK) VESXL NME VOIME M) WfIX IMUMTA 9NUTOK PC TMMNSM 718/717 M UU 17-19/3 21-21/3 23 7HS/71M 25-25/3 IMMTA aura 17-11/3 21-21/3 27-21/3 1-1/4 SMGATOOC AfiClfTS: CAHAYA
      181 words
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      Page 21 Advertisements Column 2
      212 21 CAROO SPACC A V AMJtRLC ON KJC, CMTQ4 CALCUTTA, COLOMBO, MADRAS, JAKARTA PROM SAMARMDA, RALMCRARAN TO HONQKONO, TAIWAN, WHAMRAO A TKNSM i k frkk;ht sfkvk ks TEL *****00 *****01 TELEX RS ***** INDGUL »l li'Wtltll rti*• Tr. ML ET* rp m 1971 hM/mW Mb* 1971 *T MM a/31 Mb Cilii
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      Page 21 Advertisements Column 3
      70 21 P T. INDONESIAN ORIENTAL LINES] JAKARTA □ran mm to i hum Mftr nt n mm m aims ot. (Pit) lib Ssr SSt m m Ml Mtai tan. Mb IMVIJC7 1 fpg 1* aWB/ai77/ma iLMflm OUM) f Ma M WUI/OH NM«T*xm/3 SS£ STATE SI IP HQ UNE OF ANOOLA STORE PHL
      70 words
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      Page 22 Advertisements Column 1
      72 22 1 y MAGNA MARINE LINES m MAHAJAK SHIPPING (S) CO. PTE. LTD. Ml IMMMM FOUKO 11/3 22/3 tl MMfUtf fIKMOS 31/3 2/4 mamma* am 3n. 3» fioat emb oconb ro«. Mil urm MM KM. aUNK 1719 m. 2nkm ran tucui mwmm TRANS ASIAN EXPRESS PTE LTD Control Mdf. Unit 310-i,
      72 words
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      Page 22 Advertisements Column 2
      134 22 2304 A, tatwaMawl Plata, hmm U S>n 0207 M *****11 (5 km) 224M11 Tttti RS ***** FITS* REGULAR CONTAMER SERVICES FCL AND LCI TO: AUSTRALIA, NEW ZEALAND, UK/EUROPE, USA, CANADA, HONGKONG, TAIWAN OTHER PORTS/DESTINATIONS ON REQUEST THE NEW STRAITS SHIPPING CO (PTE) LTD KUCHING/SANDAKAN SERVICE SKY TOYO 19 Mar OMENTAL
      134 words
  • Page 22 Miscellaneous
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      Page 22 Miscellaneous Column 1
      178 22 oT> m m S! SB! v bK c^ ft M SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AJI. THIS MORNING. IBMHtPt R Thunderstorm Temperature *C A y Shower Weather f-S Wind direction with speed in knots Rain V^J Cloudy Sky Wave height &■*»<» nre Mealed by arrows wMefe Oy with
      178 words