The Business Times, 13 April 1982

Microfilm: NL12080
Total Pages: 22
1 22 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 93/1/82 TUESDAY, APRIL IS, I*B2 60 CENTS
    11 words
  • Article
    UE expected to suffer huge loss of $19m
    392 1  -  By MANO SABNANI THE United Engineers Group is expected to announce a whopping loos of about $19 million before taxation when it discloses its financial results for 1961 next month. In a terse one paragraph statement which UE's executive financial director, Mr
    392 words
  • Article
    Lock icon Haig hands Argentine proposals to Thatcher
    183 1 UPI US SECRETARY at Slate i Alexander Haig yesterday banded Argentina's peace proposals for the Falkland crisis to British Prime Minister Margaret Thatcher, ]ust four hours after v Britain imposed a 370-km blockade around the disputed South Atlantic colony. Mr Haig is on the
    UPI  -  183 words
  • Article
    Provision shops to form mini-markets
    661 1  -  By LEE HAN SHIH PROVISION shop owners are forming a network of over a hundred mini-markets to compete with the supermarkets. In a tew months, selected provision shops will be converted into mint-markets all over Singapore. They will offer a comprehensive selection of household items
    661 words
  • Article
    Pump price cut in the offing
    108 1 ANOTUB nasi ef pump priee tmto Is la the tOmg tor eempaales have lowered The redaetlea at the pamp, apaeM Is aveeatf* ana esnt a Mrs far all gradM ef petrel sad M, win ha ths esesnd this ysar. eats'taXuTfawl a Mm, teak plaee
    108 words
  • Article
    Acquisition of OCBC land
    452 1  -  By CHOO AI LENG THE Government hat coropulaorlly acquired large chunka of land belonging to the Oversca-Chineee Banking Corporation for housing development. In what appears to hr the largest acquis!tin» exerdse affecting a single company so far this fear, (he Housing and Development Board recently acquired
    452 words
  • Article
    SIA sells Boeing 727 to Lacsa
    195 1 SINGAPORE Airlines has managed to sell one of its four remaining Boeing 727 c although the market for second-hand aircraft Is now depressed. The almost four-year-old aircraft was sold to a Costa Rican carrier, Lacsa, for about USUI mniWw f is a «mh carrier
    195 words
  • BRIEFLY...
    • Article
      Lock icon Opec meeting off
      56 1 Reuter ABU DHABI, Moil An Opec watchdog committee has postponed until early next month a meeting to (timw oil company pre—ure on Nigeria to cut its price. Opec president Mans Said AlOteiba said the meeting, scheduled (or April 20, had been postponed, but be did not give
      Reuter  -  56 words
    • Article
      Lock icon Austrian assurance
      41 1 Reuter TOKYO, Moil Austria will not resort to protectionism against Japan in spite of its huge deficit in bilateral trade. This was the assurance given by Finance Minister Ileibert Salcher, who arrived here yesterday for a six-day visit. Reuter
      Reuter  -  41 words
    • Article
      Trade surplus
      43 1 TOKYO, Mon. Japan had a trade surplus <f U559.22 billion in the fiscal year ending in March 1982. It is the third largest surplus in history and up from a 15.9 bUlkm deficit in fiscal 1980, the Finance Ministry said. AP
      43 words
    • Article
      For oil spills
      62 1 KUALA LUMPUR, Mod. The Malaysian government has spent another US$6 million to ensure that Malaysia is better prepared to deal with oil pollution in the Straits of Malacca. The extra money increases to $18 million the national contingency plan for the control of oil spills in the
      62 words
    • Article
      Lock icon Coco-diesel ruling
      67 1 Reuter MANILA, Mob. The Philippines Ministry of Energy has announced that coCo-diesel, a blend of coconut oil and diesel fuel, must be used in all dieiel-powered vehicles in the country starting from July. It said that the fuel mixture, which consists of 2 per cent coconut oil and
      Reuter  -  67 words
    • Article
      Lock icon Thai-EEC contract
      69 1 AFP BANGKOK, Han. Thailand may review its contracts with European Economic Community members unless the EEC allows in more imports of Thai tapioca. Thai economic officials said the review could apply to already signed contracts or those being negotiated between Thailand and any of the 10 EEC countries.
      AFP  -  69 words
    • Article
      Lock icon Iranians' demand
      79 1 AFP TEHERAN, Man. Residents of the holy dty of Qom have demanded the execution of former Foreign Minister Sadegh Qotbzadeh, who has been arrested and charged with involvement in a plot to assassinate AyatoDah Rubollah Khomeiny and seize power. The Keytutn newspaper today reported a large number of
      AFP  -  79 words
    • Article
      Lock icon China to stand firm
      71 1 AFP BELTING, Mon. China today reaffirmed it would not give in to the threats and blackmail of the two "Superpowers" (the US and the USSR) on any questions, including that of American arms sales to Taiwan. In a Washington-datelined commentary, the New China News Agency strongly
      AFP  -  71 words
  • Article
    Sanwa secures fine term for FRCD
    263 1 THE Singapore branch of the Sanwa Bank has secured one of the finest terms for its latest issue of floating rate certificate» of depaett The bank is offering US$25 million in the Asian dollar market aad the paper will have a spread of 3
    263 words
  • Article
    NWC likely to do away with second tier
    471 1  -  By ZHOU MEI THE National Wages Council Is likely to stop recommending a second tier payment when making aimnal wage guidelines, according to Its chairman, Piufcasor Lim Choag Yah. Ia an exclusive interview with Bustaeg* Time», Professor Ltm says the second tier,
    471 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      238 1 mil; vlaijil'JuO: Times Bookshops ->/?],/${'\/'~'+"[}@|<!*["($:}/ EKMUDSZ INDUSTRIAL Oxygen is taking its first step into properties with the proposed acquisitions of four property companies worth Ms3B million Page 12 THE National Productivity Board will organise more courses which dwell deeper into the concept of QC circles Page S SIGNS that the
      238 words
    • Advertisement
      Page 1 Advertisements Column 2
      89 1 L i A new LCL Service at competitive rates by fast container vessels every 10 days to Dubai and Bahrain and every month to Abu Dhabi. B/L insured with London underwriters. Shipment through private warehouse in Singapore and delivery through private warehouse in Dubai and port warehouses in Abu Dhabi
      89 words
    • Advertisement
      Page 1 Advertisements Column 3
      234 1 DIMERCO EXPRESS (t) PTE LTD INTERNATIONAL AIR FREIGHT SPECIALIST TEL: *****26/6 CHANGI AIR CARGO COMPLSX >)>+,]<'/$(()(^>%|\||+_~|(>=%%. Friendly, reliable service The airline you can rely on. That's KLM. The friendly Dutch company with more than 60 years of experience. And charming personnel whose it is to give you what you deserve.
      234 words
Page thumbnail Page 2
  • BANKING AND FINANCE
    • Article
      Re-opening of HSBC's branch
      387 2 THE Hongkong and Shanghai Banking Corporation will re-open its Collyer Quay branch in September this year, when its new building is ready. That branch operation was suspended in 1978 when the old bank building was torn down to make way for the new 21-storey building. A
      387 words
    • Article
      Gold
      261 2 SINGAPORE gold futures yesterday closed higher compared with last Thursday's close here with no new factors affecting the market, dealers said. Trading was generally quiet throughout the day with quotes widely spread mainly due to the closure of the Hongkong and European markets for the Easter holiday, they said.
      261 words
    • Article
      Silver quotes
      27 2 'tow York 7.SOB in.IV 7.008 iurtcb 7JBB mm* ±m tappoR i.m TJOB 7.508 7 006 Ctatagprti SMteUSt toDftr* troy one Bl Source: Credit Suisse, S'pore.
      27 words
    • Article
      PLR
      22 2 THE average rata at which major Singapore banks are currently prepared to land to thair bast customers is 10.13 par cant.
      22 words
    • Article
      ASIAN $ RATES
      167 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on April 12: USMenjSpti slilil! is via iftvift 15V* 15* 1ft* 15* ISft/lft 1S7/M 15 ft/16 1ft 1/16 197/16 lftft/M 1ft 7'lft 155/16 Dm. HJn (HIMfe MM) 1 month 3 month* 6 months 12 months 9 3/16 41 ft 3/16
      167 words
    • Article
      Discount
      42 2 RANGE of prtoH •d by dt» cam* fcau— cm April IX: OwnlglK: »H* CtB departs: JH* ■52 3-month Trwuury Mils S* 3H 3-month Bank bUls a U/16 811/16 3 months CD M «U 0 months CD IH Source: National Discount Co
      42 words
    • Article
      Singapore market
      412 2 TRADING on the foreign exchange market yesterday was quiet because the markets in Europe and Hongkong were still closed for the Easter holiday. The US dollar weakened against most major currencies as sterling rose against it. Against the local currency, the American unit opened at 5J2.1435/55. It then
      412 words
    • Article
      Tokyo
      146 2 THE dote tor overnight delivery to Tokyo yesterday closed at X7JS yen, against a MM* opening Md the Friday Nsw York Itotoh of M7JS/®, dealer* aakl. This compared with the 348.05 close to Tokyo on Friday. Trading was quiet with a volume of JT36 million, reflecting the Easter holiday
      146 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      323 2 Swissair: Quality and audibility. Swissair serves your meals on real china with proper cutlery, and the wine in real glasses. So that, during the flight, you can drink to Swiss accuracy, punctuality and reliability. Swissair or your travel agent will be glad to give you all Jurther information. SINGAPORE: 1.17/1.18,
      323 words
Page thumbnail Page 3
  • TRADE AND INDUSTRY
    • Article
      Scope for more ventures with Brazil
      318 3 MORE Joint ventures between Singapore and Brazil are in the pipeline, the Brazilian Ambassador here, Mr MG Valente said yesterday. These ventures cover mineral, indstrial projects, services, shipping aj|d gySpeaking soon after the opening of Banco do Estado de Sao Paulo (Banespa) branch here,
      318 words
    • Article
      Advantages of automating operations
      362 3 AUTOMATION will lead to more economic activity and to the employment of more people with skills. Mr Sidek Saniff, Parliamentary Secretary of the Ministries of Trade and Industry and Social Affairs, said this at the opening of Mechanical Handling Engineering's new factory here yesterday. Mr Saniff
      362 words
    • Article
      Plans for more SIA services to America
      298 3 SINGAPORE Airlines plans to offer two flights daily from Singapore to the US by putting four more services on the trans-Pacific route. The national airline will first mount two additional services to Los Angeles this year and another two to San Francisco about
      298 words
    • Article
      Issues to be handled at Gatt meeting in November
      313 3 SOME developing countries allow foreign manufacturers to invest in their countries on condition that they export the bulk of their output, a ruling which distorts world trade patterns. This issuQ will be brought up by the US when ministers from signatories
      313 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      326 3 WESTINGHOUSE Electric Corporation, the American multinational with headquarters in Pittsburgh, has appointed Mr Bsbert L BrleUey its president for South and South-east Asia, based in Singapore. Mr Brickley's primary responsibility in this new position is to direct and build up Westinghouse's activities in the member countries of
      326 words
    • Article
      Right time to improve QC circle activities
      475 3  -  By RICHARD SEAH THE TIME is ripe for quality control circle activities to be upgraded ss most people are generally familiar with the concept of QC circles. To date, more than 1,225 managers have attended seminars and courses on QC .1 i ri_q
      475 words
    • Article
      Telecoms' $2.2m project
      156 3 TELECOMS will brild a permanent microwave statfexr on Pulau Ayer Merbau to provide better telecommunications for one of Singapore's priority Industrie», the petrochemical prof ess lug industry. The estimated $2J project is part of Telecoms' plan to provide telecommunication services to the The microwave station wffl be
      156 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      56 3 OFFICE ACCOMMODATION FOR SALE Within the Central Business District: UIC Building Far East Building The Arcade Peninsula Plaza High Street Centre Carpenter Street Outside the Central Business District: Orchard Towers Goldhill Plaza Golden Mile Katong Shopping Shopping Centre Centre OFFICE SPACE FOR LEASE PHONE *****4( Jones Lang *****0) after hours
      56 words
    • Advertisement
      Page 3 Advertisements Column 2
      192 3 9» "fothefenmSidatnxdftionservice atThe Marco Rio was excellent The plaudits of our patrons is evidence of our claim to be the best hotel in Asia. The Marco Polo is much lauded for its service, its comfort, its cuisine. The distinct ambience of the hotel suggests itself the moment you walk through
      192 words
Page thumbnail Page 4
  • OVERSEAS
    • Article
      Lock icon New oil conversion methods to boost American supplies
      307 4 UPI itew OIL conversion methods used by major refiners could provide the US with security of petroleum supplies for many years, an oil industry analysis, the Lundberg Letter, said on Sunday. 1 But smaller, independent refiners, which have not bfeen able to
      UPI  -  307 words
    • Article
      Lock icon US rates may fall in coming weeks
      508 4 Reuter SIGNS that the recession may be longer and deeper than expected arv among factors that could substantially boost US credit markets and bring down interest rates la the coming weeks, financial analysts said. Modest near-term Treasury borrowing needs and the passing of
      Reuter  -  508 words
    • Article
      Lock icon DECLINE IN NUMBER OF BANKRUPT JAPANESE COMPANIES
      156 4 Reuter JAPANESE corporate bankruptcies in fiscal 1981, which ended last month, fell 4.5 per cent to 17,397 from a record 18,212 in fiscal 1980, but this was the third highest annual total, the Tokyo Commerce and Industry Research Company said. The company, whose
      Reuter  -  156 words
    • Article
      Lock icon Japanese move to protect currency
      472 4 Reuter THE Japanese finance ministry has decided to remove the existing framework for samurai bond issues and yen-denominated syndicated loans overseas to strengthen its control over capital outflows and protect the yen, ministry officials said. In its place, the ministry will apply a flexible framework
      Reuter  -  472 words
    • Article
      Lock icon Begin says there is no plan to invade Lebanon
      320 4 UPI ISRAELI Prime Minister Menacbem Begin yesterday told US Ambassador Samuel Lewis Israel has taken no decision to invade Lebanon, in spite of reports Israeli troops are msmeil for a major assault against Palestinian bases there. "We had a <■ of
      UPI  -  320 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      706 4 ARRIVAL8 Sernee Operator Nuiber rS! from CAL PAA SIA MAS CB31 PA005 8E, MH671 0050 0145 0005 0000 TPS NYC/SPO/HKG KUL KUL MAS RBA MAS SIA CPA GIA THAI SIA GIA MH680 Bid MH651 SQ201 amo GA9S0 TG403 SQ191 GAMD 0055 1000 1000 1030 1030 1100 1M0
      706 words
    • Article
      Fall in crude price trims profit of KL oil companies
      333 5 THE fall in the price of petroleum crude has trimmed the profit of oil companies in Malaysia to about US$l.9O per barrel, compared with more than US$2 at the beginning of last year. Depending on the types of crude they
      333 words
    • Article
      Lock icon Tokyo studying plan for grain fund
      177 5 Reuter JAPAN'S Economic Planning Agency is studying a plan to establish a new international fund to buy grain from the US and other developed nations to provide as aid to poor countries. Agency director-general Toshio Komoto is expected 40 present the plan to a
      Reuter  -  177 words
    • Article
      Lock icon Gold traders fined
      133 5 AFP HONGKONG police have cracked down on unregistered gold commodity traders spawned by the recent boom in the business. Police reported yesterday that officers from the Commercial Crime Bureau recently raided six companies and arrested 20 persons.. Taken to court, they admitted the offence and were fined
      AFP  -  133 words
    • Article
      Lock icon Iraqi oil exports may drop by 20pc
      334 5 AFP IRAQI «II experts might dr*p by ever 2t per ecat fallowing Satarday's deelstoa by Syria to efase dew* a pipeline pampiag Iraqi erade ever Its territory to the Medtterraaeaa, aeeerdiag to ebeervers la Beirat. Carreat Iraqi ell experts an believed to total
      AFP  -  334 words
    • Article
      Lock icon Turning point in history of Canton trade fair
      413 5 AFP. THE 51st Canton Fair, scheduled to open on Thursday, will mark a turning point in the (air's 25-year history with many new highlights and drastic changes. A Chinese-made jet airliner seating 96 passengers will make its debut by going on show
      AFP.  -  413 words
    • WORLD IN BRIEF
      • Article
        Lock icon JAPAN'S YEN FOR BERRIES
        506 5 Agencies THE United States should increase blueberry exports to Japan because the Japanese appetite for the fruit is growing, says a University of Maine professor. There's room for the US to double blueberry exports to Japan over the next three years, said Dr Amr Ismail, professor
        Agencies  -  506 words
    • Article
      Lock icon Why investors in US snub equities
      671 5 NYT ALL ACROSS the US, individual investors are snubbing equities, except for electric utilities generally, in favour of high-yield, lowrisk commitments, a check of 16 brokerage branch offices found last week. "There's a real desire for risk avoidance," said Albert Pagan of the Boston
      NYT  -  671 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      246 4 ONE-STOP TO COPENHAGEN ROME ATHENS Sf i i s f ngß *r, is I9i •A .L \Vw A —v 1 .Nf\V X 22f* SSMins S~: Wi t.'i-' a Routed Introducing Thai's new Great Circle Express Routes to Europe that fly you non-stop from Bangkok to Copenhagen, Rome or Athens. Our
      246 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      350 5 AUCTION SAU UNIQUE INVESTMENT BLOCK OF 18 REFURBISHED APARTMENTS ALONG PRIME HOLLAND ROAD NOS 106/A/B 108/A/B plus tour newly converted studios I I Lll I'M* a 1> JB LOT 93-59 Mukim II (2682-3 sq. metres) elevated Land Sale subject to existing tenancy agreements Possibilities of Strata subdivision Ideal rental investment
      350 words
Page thumbnail Page 6
  • Article
    Falklands: A crisis caught in two minds
    517 6 ALEXANDER HAIG flew back to London from Buenos Aires yesterday with little hope that whatever pieces of paper he brought with him could produce a long-term settlement of the Falklands crisis, which has badly soured Britain's relationship with Argentina and done little so
    517 words
  • Article, Illustration
    Misconception of NWC's role
    1945 6  -  The need (or wage restraint brought the NWC into being ten years ago. That anxiety has tor long been a thing of the past. However, the work of NWC remains relevant to Singapore's smooth transformation into a centre of high technology industries. Professor Lim Chong Yah
    1,945 words
  • Article
    TEN YEARS LATER
    1253 6 CONDITIONS in Singapore today are quite different from 1972, the year the National Wage» Council (NWC) was aet up. In the short span of a decade, the NWC has become a distinctively Singapore institution. It is unique in its ways. For one thing, it does not cost
    1,253 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      220 6 Set your sights on higher goals. Broaden your perspective and get a better view of the different areas of management with AIM'S Management Development Program. The MOP is an intensive 8-week course for men and women from middle and upper levels of management. It is designed to broaden a manager's
      220 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1110 6 CRYPTIC PUZZLE mmm 1 Keep op with current drifts (5) 0 Go quietly about breaking the law (5) Where our sled crashed 7 (7) iff A Welshman with taste (5) 11 Transport ia something automobUe-HkeT (5) 13 Take a powder, little girl, for halt aa hoar! (5) 11 Group always
      1,110 words
Page thumbnail Page 7
  • Article, Illustration
    Shockwaves through the travel industry
    728 7  -  By WANG LOOK KEAH THE RESIGNATION of Qantas Airways from the European YIP has sent shockwaves right through the travel industry as this seemed to have signalled an end to two years of effort put in by airlines and travel agents to control excessive discounting
    728 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      170 7 V X." >• >•< f w s'«I 1 X > r *kr~ < m International banking problems? The Hongkong Bank in Singapore puts it right for you. We're in the money management business and have been for well over a century. Backed by years of experience and an extensive network
      170 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      564 7 'or Life hieaed Cnm m Heme, thea BUI Bailey" aad piaafrt I latest Jimmy Chu pUfi Eatt- Seat* Jeplla's The mate, it Mapto Leaf Bag/Ptaereiy to apple Bag. S»Ma The Phiiippiae's Gt& re all villa icaim the «Jd tavearito Meeaflght Bay plsede aad gets .the ttmmt taeh to aadlrrr to
      564 words
Page thumbnail Page 8
  • INTERNATIONAL STOCKS
    • Article
      Expenses erode Honda's profit
      361 8 HONDA MOTOR'S increased spending on research and development and marketing were responsible for a net profit fall in the business year ended Feb 28, 1962. A Honda spokesman said costly anti-rust proofing of cars exported to the ice-bound North American market also reduced net profit. In
      361 words
    • Article
      Lock icon JOINT VTR PLANS
      87 8 Reuter TATUNG, Taiwan's largest private electrical appliance maker, is negotiating with Grundig of West Germany to manufacture two kinds of video tape recorder (VTR) under licence for export to West Germany. A Tatung official said Grundig is interested in offering Tatung its technology to produce two kinds
      Reuter  -  87 words
    • Article
      Lock icon Slowdown at San Miguel
      105 8 UPI SAN MIGUEL, Ike Philippines' largest food conglomerate, posted profits si US$35 million Inst year. Its profits fell by S3 per cent sver the prevtnu year's Income of $45J million. Gross revenues Inst yenr were KM million, n 5 per cent increnne over IMC revenues of
      UPI  -  105 words
    • Article
      Taipeh stocks ruling
      220 8 FOREIGN investors in Taipeh will be allowed to buy all local shares except those issued by companies dealing in defence-related industries or by financial institutions, according to an amended draft of regulations recently worked out by the Finance Ministry. A ministry official said the preliminary draft had
      220 words
    • Article
      BSC-Trafalgar accord
      172 8 THE British Steel Corporation has agreed in principle on the sale of its 100 per cent shareholding in Redpath Dorman Long Ltd, the British-based structural steelwork fabricator and international contractor, to the Trafalgar House Group, the parent company of Cleveland Bridge. Cleveland Bridge is one of the three
      172 words
    • Article
      FRENCH QUOTATION
      63 8 BONDS famed la ezekuge for the cempeasatiaa rights of Preach aatloaallsed cwnpMiM will he qaeted m the Paris bourse from t—Dff W. Shares af the aattoaaltoed wmpaalw were renamed cempeasatlea righto after the takeover became law la Fehraary aad these righto have hegaa to he exehaaged far the
      63 words
    • Article
      Gloomy CRA outlook
      135 8 DIFFICULT world trading conditions mean the shortterm prospects for CRA are not good and the 1982 results are certain to be poor, company chairman Rod Carnegie said. In the annual report, Carnegie described the 1961 net profit of A 512.47 million ($175.20 million in 1900) as inadequate
      135 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      652 8 Where to wine, dine and entertain Don't leave home without it. To apply tor the American Express Card Call: *****33 fix i: MS R S T A I HANI Before you fly away to foreign lands, check-in your bags then seek out the Five Continents Restaurant. Relax in intimate surroundings
      652 words
    • Advertisement
      Page 8 Advertisements Column 2
      143 8 '_+|}`<;.@.:'+}`?/]`?\-(*!*";:' V a v f V. >• ce Restaurant is regal splendour dishes fit for a King ccommodate 450 igon Palace b to the cosy The Dragon Pal where you oan dine i and feast on splendi Spacious enough to people in comfort, D Restaurant also caie twosome' hii i
      143 words
Page thumbnail Page 9
  • RAW MATERIALS
    • Article
      Lock icon Low estimate for 1981 Soviet crop
      319 9 UFI THE Soviet grain harvest in 1981 probably totalled less than 160 million tonnes compared to a planned target of 235 million, a senior Western diplomat said last Tuesday. Official Soviet figures have not been released (or last year's harvest but if the total
      UFI  -  319 words
    • Article
      Lock icon Demand for lead and zinc lower
      248 9 AFP ALTHOUGH February's consumption of refined lead and refined zinc improved sharply in countries of the Organisation for Economic Cooperation and Development (OECD), usage over the first two months of the year was still well below that of a year ago, the latest figures
      AFP  -  248 words
    • Article
      Lock icon Another round of sugar export complaints
      260 9 Reuter THE European Economic Community (EEC) faces another round of complaints against its sugar export subsidies only one week after a similar threeyear dispute waa closed, trade officials said last Tuesday. EEC officials said 10 countries had requested consultations over the community's sugar policies,
      Reuter  -  260 words
    • Article
      Lock icon World prices fall by 15 per cent
      404 9 AP WORLD raw material prices dropped by 15 per cent in 1981, the biggest fall since 1975, the International Monetary Fund said in a report made available on Tuesday. The drop in 1975 was 18 percent. The decline in raw material prices was
      AP  -  404 words
    • Article
      Lock icon EXCHANGE IN FAR EAST
      266 9 Reuter THE ESTABLISHMENT of a third international metal exchange in the Far East could he of benefit in providing a 24-hour worldwide market, with increased opportunities for hedging and arbitrage, visiting Chairman of the London Metal Exchange, Philip Smith said. Smith told Japanese businessmen greater arbitrage
      Reuter  -  266 words
    • Article
      RUBBER
      61 9 RUBBER futures in Tokyo yesterday closed off 1.7 to 0.6 yen in moderate trading. Nearby June alone added 0.2. After opening steadier following the continued US dollar's strength against the yen, values turned downwards as the market lacked fresh encouraging factors, dealers said. Current April ended at 184.1 yen
      61 words
    • Article
      Produce exchange
      170 9 CHINESE Pn*M Kukaap, per m Ci i last sfl: Bulk fob 198.00 seller*, old drum (in second hand drum) fob $110.00 sellers, new drum fob (114.00 sellers. Csfm: Mixed (loose) |50.00 buyers. Pepper: Muntok white pepper fob Acta NLW $375.00 sellers, Sarawak white pepper faq fob NLW $370.00
      170 words
    • Article
      Straits Tin
      54 9 THE STRAITS tla price is Peaaag yesterday dropped 11 eeats te Ms2f .41 a kile, mevtag Bearer te the IT A fleer price ef *21.15. The batter sleek maaager was reperted sapptrttf this lewer level ef the market. Tanever rese te Sfl teaaes trem 2M last Friday and
      54 words
    • Article
      PALM OIL
      108 9 THE Kuala Lumpur crude palm oil market yesterday closed firmer on covering support in moderate trading, dealers said. April in the central rose M|4 to $935 a tonne while south was traded unchanged at $940. In May south and central finished $5 higher to $935 and |930 respectively.
      108 words
    • Article
      RICE
      237 9 SINGAPORE: Yesterday's closing prices In S| per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.20, 100 per cent second class LO2, 100 per cent third class 1.00, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-auper 0.70, Special
      237 words
    • Article
      Lock icon US farmers expected to reduce plantings
      836 9 NYT WITH grain prim still at unprofitable levels and surpkiM MID awdhf the grain elevatoia. many farmhi expect to reduce their in resDOOK to the Reagan administration'* programme to cat hack wheat and corn production. The programme is voluntary, hot grain termers must take
      NYT  -  836 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      68 9 H THE IDEAL THERMAL INSULATION FOR ROOFS CELLUCON IS A NEW LIGHTWEIGHT FOAMED CONCRETE THAT CAN BE LAID DIRECT ON TO NEW OR OLD ROOFS FOR: THERMAL INSULATION SOUND INSULATION FIRE RESISTANCE CELLUCON It ideal for um over or under waterproof membranes. FOR WRITE TO OR TELEPHONE. Cellular Concrete Singapore
      68 words
    • Advertisement
      Page 9 Advertisements Column 2
      701 9 CANADIAN IMPERIAL BANK OF COMMERCE STATEMENT OF ACCOUNTS FOR YEAR ENDED OCTOBER 31,1961 (All figures quoted in Canadian dollars) STATEMENT OF ASSETS AND LIABILITIES CaaMftdduafrombanha ChipuM Mid otfwr Itwm in transit im Total caah raaourcaa SacurMaa iaawad or guarsMßod by Canada, at amorltaad valua SaourWaa laauad or guarantaad by pfowlot—.
      701 words
Page thumbnail Page 10
  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1421 10 BID and offer price* officially listed aad Ww in and reported to the Stock Exchange of Singapore yesterday, with the number of share* traded shown in brackets in lots of 1,000 unit*, unless otherwise specified. SECTION ONI INDUSTRIAL A COMMERCIAL Amm (2-838)
    1,421 words
  • Article
    Unit trusts
    182 10 MNGAPOU UNIT1BUR diamond man BTOU The Commerce The Savtnp Fund S pore Prof Fund S pore Sec Fund S'pore Invest Fund S pore Equity Fund far 1ft® 11) Lft Ltt 1.T0 1 78*d 130 IM ISO 108 1.00 1.14 1.S in (Mnnacm* prteaa Diamond S'pore Fd(USI) SI WCOMBBON
    182 words
  • Article
    SHARE INFORMATION SERVICE
    2798 10 IMS High Low Coa^aay Last Sale orGr*s DW DW Cn Gr's YTd Net P/E Vol ("OOO) Day High Law SBCTION ONI INDUSTRIAL COMMERCIAL sot as an 330 141 a»i m m 3*7 172 MO 330 00 100 300 340 Aetna Alcorn Allied Choc BAT Bata Ben Berfeya
    2,798 words
  • Article
    In Kuala Lumpur
    1432 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets la lots of 1.000 units, unless otherwise specified. DOXMfUAIJ ihMk (.1MB) call AIM (IMB 1JBS) La (I) IM (S) 125
    1,432 words
  • Article
    COMPANY MEETINGS
    154 10 (MalayMa) Berhad: Fourteenth AGM to be held at Penang Suite, 2nd Floor, Federal Hotel. Jalan BuJrit Bin tang, Kuala Lumpur on April 14 at noon. lULUNGHALL Til (Malaysia) Berhad: Fourth AGM to be held at 10th Floor, Komplek Kewangan, Jalan Raja Chilian, Kuala Lumpur on April 15 at
    154 words
  • Article
    Prices rise across the board
    470 10 A BURST «I baytag to Ike taat half kw ef what had lia atan hen a very Ml Stappm 1W spate «I activity la late afteraaea tradlag eeat «•ST heard. VetaMe Ohtrwn hM the market leader mi OCBC whteh Ihf JwTwtaa'ilwMAM at fILM altar S
    470 words
  • Article
    Late buying interest in KL
    591 10 LATE —pport lifted prices on the Kuala Lssnpsr stock market yesterday In active trading. Along with the revived interest, total business done rose sharply to 2J55 million units worth M 58.005 against Friday's I.CV million units worth $5,871 million. Commodity and property stocks, however, remained
    591 words
Page thumbnail Page 11
  • COMPANY NEWS
    • Article
      Need for guidelines on purchase of land
      762 11 THE Malaysian government should issue guidelines (or acquisition of property by companies to help save time, effort and money of all parties concerned. Stating this in a paper entitled "Property investments in the corporate sector", Mr Kee Yong Wee called for guidelines that
      762 words
    • Article
      Main investments of UIS
      565 11 UNITED International Securities will maintain a large portion of its investments in Singapore and Malaysia. Chairman Wee Cho Yaw said in the company's latest armiml report that 1982 is likely to be a year of sluggish growth for most industrialised countries. This is because of the
      565 words
    • Article
      Pegi (S) increases stake in Holyrood
      258 11 PEGI Malayria Bhd has Increased Its slake la Hetyreed Rabber Ltd, a subsidiary d llinrlMi and CreeOeU Ltd al the Uk, te SLZS per eeat tram It J per mm! Yesterday, It saasaariei the parehase el an •ddttteaai tjm shares ef £1 each far
      258 words
    • Article
      New firm on KLSE
      93 11 A NEW stock broking firm, Kimara Securities San, has begun trading on the Kuala Lumpur Stock Exchange last week. Directors of the new firm, which is based in Seremban, are Mrs Sandra Kim and Tuan Haji Abdul Rashid Ahmad. With the entry of Kimara, the total
      93 words
    • Article
      Ulu Benut expects big rise in group profit
      610 11 ULU BENUT Consolidated Industries has forecast group pre-tax profit of R53.23 million for the current financial year ending Aug 31. This compares with pre-tax profit of $1.18 million achieved for the year Just ended. The bulk of Ulu Benut's forecast profit is
      610 words
    • Article
      Fourth Malaysia Plan provides basis for East Asiatic's growth
      513 11 DEVELOPMENT projects under the Fourth Malaysia Plan will provide the basis (or a satisfactory growth in sales and trading activities of the East Asiatic Company (Malaysia) Bhd, according to its chairman, Mr T H Schmith. He says in the company's latest
      513 words
    • Article
      Don decries focus on good news
      410 11 PROFESSOR G J Staubus, a leading academic accountant specialising in financial reporting, decries the practice of emphasising good news while neglecting bad news in company financial reports. This is said to be the general practice in the US where financial reports tend to reflect
      410 words
    • Article
      DIVIDENDS ANNOUNCED
      917 11 Carreat Ex Beeki Date Tetal far Tataltar Paymeat Date Claae PayaMe the year Preriaaa year I2%(n) Apr 5 Apr 16 Apr 30 22% 16%(a) 20% Apr 23 May 5 May 19 20% 20% UMOI 2Vt% May 6 May 18 Jun 10 5% 4.8%(a) AnkMndw 7V*%(b) Apr 28 May
      917 words
    • Article
      APMC decision on plant soon
      282 11 ASSOCIATED PU Malaysia Cement (APMC) is expected to make a decision soon to go ahead with its proposed dry-process plant at its Kanthan works near Ipoh. Malayan Cement chairman Tunku Abdullah Ibni Almarhum Tunku Abdul Rahman says in his latest annual review that the study
      282 words
    • Article
      Advertising cost of Rothmans (M)
      250 11 ROTHMANS of Pall Mall (Malaysia) Bhd is not expected to reduce substantially its advertising expenditure as a result of the ban on cigarette advertising by Radio and Television Malaysia (RTM). Rothmans Malaysia's managing director, Mr G Vessey, said that savings on advertising arising from the
      250 words
    • Article
      Berger forecasts rise in demand
      248 11 PERNAS Sime Darby's subsidiary, Berger Paints Bhd, expects future demand for paint to rise in Sabah and Sarawak in proportion to the significant growth of the building industry. Berger's marketing manager Mr Kevin Tan said in Kuching recently that although current business conditions are dull
      248 words
    • ASIAN STOCKS
      • Article
        Tokyo firmer
        226 11 SHARE prices In Tokyo yesterday firmed on scattered buying of low-priced domestic industry issues. The market average gained 20.61 points to 7,280.82 in a thin trading volume of 250 million shares. The- Tokyo stock exchange index added 1.09 points to 533.30. tfl u AitaMB o%o Mi ■4 —s
        226 words
      • Article
        BANGKOK
        56 11 SHARE prices in Bangkok yesterday closed slightly higher in inactive trading after falling last we4k, dealers said. The Book Club index rose 0.03 point to 90.19 on a turnover of 8.1 million baht. i, n 1 1 >1 J ■ui Of Ajrodb*7> Hmumi Tb«i Wirt flJO 4i z«» iU
        56 words
      • Article
        Manila
        102 11 THE Manila market yesterday closed higher as commercial/industrial and mining went up with oils, although turnover was down to 823,000 pesos from last Wednesday's 1.06 million, dealers said. apr ia p ••>• uneh AUu Can A AUu Con a I1H -01 Ba«ulo OoM 001S OMOl ■■nfwl Con M -11
        102 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      104 11 u ft If ■<' K\ v WAV t ACTQftV ftCPftCSCNTATIVC W tOUTH (AT ASIA SmHL(S£.AJPTEUD Drat 1003. 10th Floor. Tan Boon Liat ou*dmg. Outran) Road Smgapor* 0316. Tat *****47 (3 Lineal Cable STIMLS€A Tatai RS ***** THE BANK OF TOKYO, LTD. Singapore Branch U5520,000,000 N EGOTIABLE FLOATING RATE U. DOLLAR
      104 words
Page thumbnail Page 12
  • Chief Price Changes
    • Article
      SINGAPORE
      156 12 Rises Indices E A I M Cables 680 284 130 82 Apr 8 Apr 12 O C B C 1200 40 BT Indicator: *****0 *****8 Metro Hides 730 35 Industrials: 736.30 741.72 Syn Resins M Banking G 1 Hides Pan-El 3S0 630 380 352 34 25 22 16 Finance:
      156 words
    • Article, Illustration
      KUALA LUMPUR
      141 12 THE SINGAPORE stockmarket rallied unexpectedly yesterday afternoon after a doll and quiet morning. lie Straits Times Industrial Index gained 5.42 points to 141.72 at the final bell, while the Soilness Times Indicator of the day's II most active stocks rose 3138 prints to 18fif78. Rises Indices G'town Dtep
      141 words
  • Article
    Ajinomoto (M) after-tax profit increases 52pc
    357 12 AJINOMOTO (Malaysia) Berhad has announced a two-for-five bonus issue together with good 1981 results. This is the sixth bonus in the past seven years and comes on the heels of a sharp 52.1 per cent increase in after-tax profit to MJ5.75 million ($3.78 million).
    357 words
  • Article
    IOI acquisitions worth M$38m
    665 12  -  iMBUS Companies Editor: Mam Sabnani By KOH TSE YING GAS manufacturer Industrial Oxygen Incorporated (IOI) is taking its first step into properties with the proposed acquisitions of four property companies worth Ms3B million. The acquisitions, the first since the company was taken over by Lee Shin
    665 words
  • Article
    COMPANY BRIEFS
    138 12 KEMP AS (Malay*) Bkd will be removed from the Official List of the Stock Exchange of Singapore today. HAW Par Brothers later—II—si Ltd has clarified to the SES on the use of the word "utilises" in connection with its sale of Haw Par London for £170,140. It said
    138 words
  • Article
    Cold Storage reports 39pc fall in group profit
    258 12 COLD Storage (Malaysia) has reported a significant drop of 39 per cent to M 53.93 million in- group pre-tax profit for the financial year to Jan 31, 1982 in spite of an encouraging 18 per cent increase in group turnover to M
    258 words
  • Article
    Highlands and Lowlands profit falls by 4.3pc
    249 12 HIGHLANDS and Lowlands Bhd, as expected, turned in a less inspiring performance last year, in line with the downturn in the plantation industry. The group's unaudited pre-tax profit (before replanting expenditures) fell 4.3 per cent to Msso million in the year ended Dec
    249 words
  • Article
    TAT LEE FINANCE OFFER WELL RECEIVED
    200 12 TAT Lee PUuee'i tfler ef M mllltoa shares to the pahlle al tLM cMh la aaderirtaad to hftvf tw~i i acrlhed ly shut It times whea tpptifAitis ciwed ye® terday. (This Is set toeladlag the M,IM shares rt*rrvr<J far the eampaay's staff). Althaagh Mh
    200 words
  • Article
    Changes on Promet's board
    103 12 PBOMET Btt't bwri ku illghtty. Mr H M Jmwcl, wfct Jitaei the heart la ISM, kat retlgted. A pnatacat l»> dttetlaa MhMUW, Mr 1mm«( will etatfaae at praUMt/Anetor tf PT Karimaa Oraatto (PTKG), la wHcfe PW—I has a M per eeatttoke. PTKG, wkfek aperatee a tahttaattaJ
    103 words
  • Article
    Tong Meng sells stake in London & Pacific
    336 12  - Tong Meng sells stake in London Pacific By CHOO AI LENG TONG Meng Industries has at last, after more than a year, found a buyer for Its stake in ailing London and Pacific Insurance Company (LonPac). The company, which is controlled by Malaysian banker Teh Hong Piow, yesterday announced the
    336 words
  • Article
    Khong Guan Hldgs gives 4-for-5 bonus
    245 12 KHONG Guan Holdings Malaysia Bhd has proposed a four-far-five bonus issue. The proposed bonus issue of 10.496 million shares in its paid-up capital of |)3.12 million will be capitalised from the revaluation of bonus shares from its subsidiaries and from unappropriated profit. Khong Guan
    245 words
  • Article
    PPM CALLS OFF UPP SALE PLAN
    134 12 IN A avprte am, Pip» PnMi (Malaya) »trhei ku reversed Mi liiMm I» Mil Mi iielrifc» lateral la Btagapere-kaaed IMM Palp aad Paper Ce. PPMJMn iiiiiil «Ilk peteatfal parehaaen have ait M ti a aattafaetery la rapaaae ta a treat UPP, Ike Slaek E».
    134 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      137 12 THE CAFE-BAR WAY. Serving coffee your w»y 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
      137 words
    • Advertisement
      Page 12 Advertisements Column 2
      519 12 Dr. Gordon L Upptt internationally recagnised authority on human bohavlour, productivity and organisational development, on ra itCONSULTING SKILLS Singapore, June 14 16,1982 This practical three-day workshop is for individuals providing internal or external services to others and whose work performance, productivity, and results depend on how effectively they can influence
      519 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      60 12 m OUTLOOK for Singapore today: Fair in the morning, showers in the afternoon. Report for 24 boors prior to U pm on April 12 at fee airport: Maximum temperature 32.4 Associated humidity 61 Minimum temperature 24.5 Associated humidity 95 Hours of sunshine 8.55 Rainfall in millimetres Trace Total rainfall for
      60 words
Page thumbnail Page 13
  • SHIPPING TIMES
    • Article
      Lock icon Sharp increase in merchant ships laid up
      409 13 Reuter WORLD MERCHANT i ships laid up for lack of y> .employment rose sharply tu during February to 640 vessels amounting to 35.3 n 'million dwt mainly reflect--7 ing a significant increase r in the number of oil tankrers involved, the General •3<
      Reuter  -  409 words
    • Article
      M'sian shippers may start freight booking centre
      546 13  -  By G DURAIRAJ MALAYSIAN shippers are working towards the establishment of-a freight booking centre to provide alternative shipping space with acceptable freight rates. Following a proposal from the Economic and Social Commission for Asia and the Pacific (Escap), the plans call for the
      546 words
    • PORTSIDES
      • Article
        Training on board
        157 13 SENIOR operation officers working in container and conventional wharves will soon have the chance to experience life on board a ship. The Port of Singapore Authority is arranging with some international and Singapore shipping companies to have these officers on board a container vessel for three weeks.
        157 words
      • Article
        Increase in toll rates
        140 13 RATE increases averaging 10 per cent will be imposed on the tolls for transiting the St Lawrence Seaway next year. This followed average increases of 18 per cent when it re-opened on April 5. Objections from shippers and Seaway users appeared to have been muted by
        140 words
    • Article
      INDEX TO ADVERTISERS
      710 13 fcippUft L1k CM Achipelego Shpg Aim All trans Alpac Angonave A PC Line APL Argentine ASCL Asia Merchant Austasia Liar Australian Coat Bait-Orient Baltic Bangkok Coat Bangladesh Bank Line BBS Ben Line Ben Asia Ben bulk Bintulu Blue Funnel Blue Star Burmese CAVN-FMC CC Line OCN1 Ceylon
      710 words
    • Article, Illustration
      Stevedoring has changed its sweatshirt image
      1521 14 THE WORD "stevedore" still suggests images of hulking men in shirtsleeves with cargo hooks, unloading crates of exotic cargoes from ships. However, while human muscle is still exercised in the stevedoring industry, it is complemented by sophisticated materials handling and transportation equipment to meet
      1,521 words
    • Article
      Unithai's third ship on FE-Europe routes
      175 14 THE third of the United Thai Shipping Corporation Ltd'i (Unithai) three new ships has started plying between the Far East and Europe. The 13,000 dwt ship, formerly named the StMTthmiegtt and renamed K*nlkar, left Bangkok for Europe via Singapore on April 5. It is
      175 words
    • Article
      SHIPPING EVENTS
      660 14 April 18-22 Petrotech, Saudi oil, petrochemicals and energy expo-conven-tion, Algosaibi Hotel and Exhibition Centre, Saudi Arabia. April 19-23 International fire, security and safety exhibition and conference, Olympia, London. April 19-23 World Congress, International Association for Insurance Law, Royal Festival Hall, London. April 20-23 International Marine Exhibition, Gdansk. April
      660 words
    • Article
      Poor marine insurance results
      296 15 EXCESS insuring capacity, increased competition, high interest rates and a decline in world trade all combined to drive marine insurance results deep in the red, according to the 1981 annual report of the American Institute of Marine Underwriters. AIMU's annual report noted that "much of the
      296 words
    • Article
      Lock icon Ships docked at port of Buenos Aires
      227 15 Reuter SEVERAL ships were docked in the port of Buenos Aires, 24 hours before the expiry of Britain's warning that it will consider any Argentine warship within 200 miles of the Falkland Islands a target for attack after today. The Buenos Aires newspaper
      Reuter  -  227 words
    • Article
      MMPC seeks support for tax incentive plan
      632 15 THE THAI Merchant Marine Promotion Commission (MMPC) has called on the private sector to provide strong support for its plan to introduce a tax incentive package (or importers and exporters who use Thai ships to transport their goods. The plea to achieve an
      632 words
    • Article
      ANOTHER YEAR OF LOSSES FOR BROSTROM
      352 15 THE major Swedish shipping group Brostrom was hit by higher interest payments and currency losses in 1981 which cut the marked trading improvement of the company over the year. Pre-tax losses after extraordinary items were slightly lower at Swedish Krl3 million compared with Krl4
      352 words
    • Article
      Saleninvest reports pre-tax group profit
      362 15 SWEDEN'S largest shipping group, Saleninvest, has reported a pre-tax group profit for 1981 of US$3B million ($32 million for 1980). A company statement announcing preliminary results for 1981 said that, of this total, $27 million came from the profit on the sale of ships and
      362 words
    • Article
      New embankment for Sibu waterfront
      212 15 A $2.7 million embankment is to be built along Sibu waterfront to ease congestion along the wharves. The 400-ft embankment will be used to berth up to 40 express launches that are cluttering the Tua Pek Kong and Kapit wharves. The embankment will run from
      212 words
    • Article
      ETO PROPOSAL APPROVED
      147 15 THE THAI cabinet has approved an Express Transport Organisation (ETO) proposal that government agencies, state enterprises and government-backed enterprises be required to use the transport services of state-owned firms if their bids are within 10 per cent of those offered by private companies. The cabinet decision will
      147 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5683 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 of
      5,683 words
    • Article
      Container Schedules
      608 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy P. Roosevelt 102 Contender Argent 805 Flamingo 04S Prasetla 14SB Ace Concord 3E Ned Hoorn 125 NZ Star 0580 Strathconon 178 Oriental Destiny 14E Johore B 4B Asian Patroos 4202 Jenwel 06A Maersk Mango 8215 Sea
      608 words
    • Article
      WHO ACTS FOR WHOM...
      1726 21 The leading shipping lines operating from local ports and their agents. A B ArMpeieg• Mpg Singapore Shpg Agencies (S) Euro-Ana Line (PN KL/PK). ASrUttr C—talacr Continent*) Feeders (S) Cargo Freight (PK). UT.A Singapore Shipping Agencies (S)/ Euro-Asia Line (PK PN) Ur*-RvMit Um Tranagroup Pie Ltd (S)
      1,726 words
    • Article, Illustration
      Jack-up rig delivered
      301 22 FAR East-Levingston Shipbuilding (FELS) has delivered another iack-up drilling rig, Roger WMowell, 30 days ahead of schedule. Completed in a record construction period of 11 months, the rig was delivered to its owner, Reading 4 Bates on March 15. In a letter to FELS, Reading Bates thanked
      301 words
    • Article, Illustration
      SHIPS IN PORT
      570 22 AKJUVALS KEPPEL WHARVES Atrevida (1300 after Bunga Mela ti) 31/32 Be la Razo (1400 after Lamma Island) 13/14 Hong Yin (after Vega) 6/7 Nedlloyd Hongkong (Ab) (after Centaur) 1/2 Signal (after Ingelheim) 5 Vanil (1500) 36/36 Qianjin (after Miao Feng Shan) Yurt Smimov (Ro/ro) (1100 after Barber
      570 words
    • Article
      The Consortia
      184 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/Straits Container Line.
      184 words
    • Article
      CHRC chosen as consultant for Thai project
      440 22 THE STATE Railways of Thailand has selected in principle Canada-based Canadian National Railway Consultant (CNRC) as its engineering consultant for the study and design of its new container freight centre at the Phaholyothin Freight Terminal. The governor of State Railways of Thailand (SRT),
      440 words
    • Article
      Loan deferments for owners
      426 22 A TOP Norwegian shipping banker warned that shipowners facing problems should seek loan deferments and refinancing now rather than allow their position to deteriorate further. Mr J Magne Haga, general manager of Christiana Bank's shipping department, explained that bank's are currently more likely to look favourably
      426 words
    • Article
      US Lines places order
      162 22 US Lines has placed a US$7OO million order for 14 huge container ships with Daewoo Shipyard of South Korea. The vessels with a capacity of 4,148-TEU and costing US$55 million each will be built at Daewoo's yard at Okpo, which opened about six months ago. The
      162 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      163 13 PIL GROUP sumci TO SOUTH BAST AHA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. SaePage V R M I I Orient Overseas ORIENT UV C(UiicjMe/i FULLY CONTUOBED TO/FROM NORTH AMERICA WEST/EAST COASTS A member ••(the Anm < 'iKfcuirrium RORO CONTAINER SERVICE TO/FROM AUSTRALIA MBTMLM
      163 words
    • Advertisement
      Page 13 Advertisements Column 2
      366 13 SSEALORDO UASC UNITED ARAB SHIPPING CO SAGEXPRESS MULTI-PURPOSE SERVICES BK AL BOTM ¥.*****/4 Al iubail (6/5), Dammam (9/5), Ku wait (12/5), Shuaiba (15/5), Bahrain f (18/5), Dubai (21/5) Kuwait (17/5), Dammam (20/5), m Abu Dhabi (23/5), Dubai (26/5) Dubai (26/5), Abu Dhabi (30/5), I Dammam 2/6), Bahrain (5/6), Doha (8/6).
      366 words
    • Advertisement
      Page 13 Advertisements Column 3
      1 13 r
      1 words
    • Advertisement
      Page 13 Advertisements Column 4
      516 13 1 OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Ptuni Safcd SjM SaM 1711/4 24-25/4 *»/4 1-2/5 34/5 4-5/5
      516 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      730 14 FAR EAST/EUROPE CONTAINER SERVICE SaM SEUNDM 16/4 I SUM 23/4 imn 31/4 R.HOOON 7/5 R.OEJM 14/5 NCRYSTAt 21/5 TOYMM k\ 2) Mm 3) Htwf 4) Char| 1) tto| 2) tftan J) «>"■ SM W W W IS/4 18/4 23/4 25/4 30/4 2/5 hPart 19/4 21/4 24/4 27/4 3/5 4/5 lUH
      730 words
    • Advertisement
      Page 14 Advertisements Column 2
      169 14 BP SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA I 7/5 VI 11/4 2V4 2V4 2V4 2V4 21/4 I M/ 4 I l/S I 2/5 TO: PANAMA ATLANTIC E. CANADA US GULF 17/4 17/5 a/5 M/ 5 a/5 2V5 a/5 11/4 11/4 17/4 a/5 l/l VI VI 5/1 a/4
      169 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      867 15 The Straits Steamship Group Overseas Containers Limited STRAITS SHIPPING Singapore to Sabatv Sarawak, Brunei Porta and Bangkok [CONTAINERSHIP JERVICE TO UK CONTINENT QCL 73 A'Aaai I* Hawe S'tai 11/4 13/4 11/4 24/4 2S/4 S/4 13/5 45/5 13/5 (19/5) 11/4 21/4 25/5 27/5 •2/4 3/1 14/4 12/4 17/4 19/4 25/4 27/4
      867 words
    • Advertisement
      Page 15 Advertisements Column 2
      334 15 rfo Franco Belquui Services Hr I V y.i h'. h. ;„m A /..rr C.M.C.R. omo K MOB 31 Mm mmnnn gwco to 1 Sport ru«< Dana *M*! Genoa Inert* 71 Apr Apr t Mar 10 Mar 11 May 16 May 2 May 3 May 19 May 70 May 21 Mm
      334 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      602 16 BBS H Hapag-Lloyd TO CONTENT 'UK Benjtlrm Hongkong Eipress Bremen Eipress ToAio Eipress I notion Bay Cardfea* Bay EXPORTS "Also accepting transhipment cargo tor CARIBBEAN WEST INORS via Hamburg TX HK 16 4 18/4 26 4 28/4 4/5 6/5 Pen Bilbao Genoa H burg B haven Rdam Antwerp 6/5 13/5
      602 words
    • Advertisement
      Page 16 Advertisements Column 2
      417 16 I KSI m KOREA SHIPPING CORPORATION P Kaiang PfHAKG 14-16 Apr 17-19 Apr FROM BUSAN BANGKOK 14-16 Apr IMS Apr TO BUSAN In Part ALTAR 175R 4-4 May 7-9 May 10-12 May ALTAR 176f 4-6 May 7-9 May 10-12 May TO BUSAN sc use use use use use use use
      417 words
    • Advertisement
      Page 16 Advertisements Column 3
      369 16 ©EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG Fa ft ICI CMfiO FOR: wt7 ivs" KV 1 J n/T' ivj 1 lim Ufrf 21/4 11/5 21/5 21/5 25/5 27/5 21/5 M 21/5 Jl/5 2/1 4/15/4 nso uxtrnm la/rat ra/ra ra —ML MM. cowan WO. STOOOOII. MUML MX. EUROPE/FAR EAST CONTAINER SERVICE
      369 words
    • Advertisement
      Page 16 Advertisements Column 4
      645 16 Everett Lines I M-m nm ir* pkm run *m run n/n %> B F.S S.C. n Mcrtayvo BOUSTEAD SHFPV4G TEL NOS ta *****4/*****7 —PKELANG *****1/$ PENANG DISCHARGING ONLY '*****1/8 Ompam* Aryan mm 0* Ihiwinn AC If V\ "ARGENTINE NATIONAL LINE" 111 *1a» It I 111, >2. Uf; \A\ Tr««nport»aon Mbritima
      645 words
    • Advertisement
      Page 16 Advertisements Column 5
      300 16 SI NOSE MARITIME PTE LTD 31 SANKYO LINE JAPAN/STRAUS SERVICE TABHOMAM SPUR OCEAN RESOURCES ELHMM STAR PAOFICDUA CARELM PAZ ESTRELLA (MSB SAffT m *****44/7 I *****71 nuuM- unmamsMM 18. 4MM4/4t47M POtTBLME OSTMMPntMM IB 3M732/3/7251 raws mut» rk a ntMoran ltd m i7«31 urn SUN UNION LINE PJELAMC KMNC LOW FOR
      300 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      982 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) A 29-30/4 3-4/8 7-9/5 11-12/6 18-19/4 24-25/5 28-29/6 24-25/4 29-30/5 3-4/7 KOTA SCLAMAT InPt/ISApc V.W-310 KOTA JASA 2/5 May VJ47I KOTA TAMJOMQ I*/13 May V.I-3T7 accepting fcl containers to oubai/dammam/kuwait EAST AFRICA/REDSEA SERVICE Singapore Loading lor A
      982 words
    • Advertisement
      Page 17 Advertisements Column 2
      928 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE B HAVEN ROAM Austria Antwerp (19/5) 12/5 29/5 21/5 27/5 24/5 5/4 12/4 13/fi 19/ c n/t 27/4 21/4 V 7 4/7 HAVRE SCTON france MUX (15/5) 23/5 14/5 N/5 23/5 J/4 11/5 15/4 1/4 27/4 15/4 N/4 71/4 1/7 1/7 TO
      928 words
    • Advertisement
      Page 17 Advertisements Column 3
      810 17 I~A i ft; I V 5 ft Scan Dutch 9 WEEKLY EXPRESS CONTAINER IP/UH/MC/SCAN SE Dyj^e Penaup Motkr I I 3>Ktar|4)GMr| OMI* CK(9« I 9LMBM >» 71/4 1/5 4/5 V 5 SM WGON SM I PIIMGA M6ON 15/4 SUM M«f V 5 10/5 11/5 11/5 I OMCH M60N72/4 lIOOCIFT j
      810 words
    • Advertisement
      Page 17 Advertisements Column 4
      473 17 BOUSTEAD SHIPPING AGENCIES tSA BANK LINE express mdepooent service to uk/cont SPORE R'DAM HULL HMEG CORABANK 30 Apr 26 May 29 May 2 Jun IVYBANK 8 Jun 4 Jul 7 Jul 10 Jul CLYDEBANK 26 Jun 22 Jul 25 Jul 28 Jul FORTHBANK 8 Auq| 3 Sep 5 Sep 8
      473 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      1157 18 »5 r 1 ftx& \v— K* CINE KAWASAKI KISKN KAISIIA. LTD. \BS33. EEH» VCSSEI STORE MOT** VESSEL I BRCGE <4 14 Apt NtA YORfc YASHtMA MARtI M EIOUIO M TOHBEIMARr K PWMER V? 6 May AOROBI MA°U Aho cah <o BAITHORE <22 May) PHIMXIPHM (2 lan) Also accepting MONTRfAI TORONTO
      1,157 words
    • Advertisement
      Page 18 Advertisements Column 2
      566 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE IcKknf lor lOS AN6EIES SAM FRANCISCO SEAITU TDCORM VANCOUVER BC A<c«pt»n ECE/FCI C«tj «m f «iW( Smfapoo I twin «S»I" Slbt t Hi, Ik* AUSTRALIA EXPRESS CONTAINER SERVICE fa/fO Cxlinn Sp«» Mr* AM S* Ahracc** "(MMM l*>Ap. I/' Ac 79Ap> I AU, «U,
      566 words
    • Advertisement
      Page 18 Advertisements Column 3
      645 18 KORINS MARITIME SERVICES Room 601, ICB Buildtng, Shenton Way, Singapore Tel *****22 *****67 P Kelang Tel: *****4/*****5 MIDDLE EAST/DEO SEA/EUROPE SERVICES S§l ASIA MERCHANT MARINE SEMI-CONTAINER SERVICE S pore P Kelant loading for ASIA OHO 23 Apr Damnum/Di ASIA No 12 1 May Dammam ASIA No 15 20 May Jeddah
      645 words
    • Advertisement
      Page 18 Advertisements Column 4
      610 18 INTRASEA (PTE) LTD. SuiU*26lfe inlemat.onai f .I.M A' .sor Rci Sinqapoff-0207 T»-. 224bfv1 i 0 I tfOBASIAJLIMI BREAKBULK SERVICE TO EUROPE/UK S"p«e f. Ite| liifc; tar OR ASIA mil 7 3 May BOULOGK/R DAM 'UK (AVON) tvul leadtag >1 lata RMMMn 4 SaauriMa FULL CONTAINER SERVICE TO EUROPE/l'K MKMT m
      610 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      709 19 TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia MERCATOR 25W S pore Closing Times: FCL Cargo 0400 15/4 LCL Cargo 1600 14/4 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E. Malaysia +A. AUSTRALIA S'pore Closing Times: FCL Cargo 0700 17/4 LCL Cargo
      709 words
    • Advertisement
      Page 19 Advertisements Column 2
      628 19 MALDIVE LINES MALDIVE PEACE 16/4 14/4 Loading For IEOOAH MALMVE NO6LE 17/4 15/4 Loading For leddah MALWVE AMBASSADOR 16/4 Loading for HOOCIDAH MALDIVE CAME* SAILED Loading For Male MALDIVE PRIVILEGE 16/4 14/4 Loading For Dubai/ Dammam/Bombay MALDIVE NAVIGATOR 15/4 18/4 Loading For Karachi/ Muscat/Sharjah MALDIVE PIONEER 15/4 Loading For Pt
      628 words
    • Advertisement
      Page 19 Advertisements Column 3
      716 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SWSOV BUILDING 55, Market Street Smfjpore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SHSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KEIANG M/S SHAMAT NAM SOON SON M IST ANO ?NO FLOOf! NO 1 ML AN CEMPfMNG PORT KIANG
      716 words
    • Advertisement
      Page 19 Advertisements Column 4
      79 19 SAMSHIP WOOD CARRIERS TNBER ft PLYWOOD SERVICE TO UK/CONTMENT STOK a** rtt OR MS fTJUMG UMMBFOR mta/mm/m/ 1/5 RREIO/W (IURT) AGENTS: KJL. B'POftE: CONFRE-ASIA PTE LTD 2M7/2MO IMC BUX2 SHENTOM WAV, SMQAPOAE BOOKINGS TEL: 2M7544 AGENTS K.L. OMENTAL SHIPPING CORP BOOKINGS TEL: ****** Efr L» LLIj R7A NSj Tel: mtS»
      79 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      717 20 s s c Group SINGAPORE SHIPPING CORPORATION PTE LTD. FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING 91 112<! |3 LISI GENERAL *****1 (22 LINE Si TELE* RS 2J596 RS 2SS6B A 3 CARSHIP CABLE CARGOSMIP Regional Container Lines 2 SAILINGS A WEEK to/from BANGKOK BERTHING EVERY NOON TUESDAYB, SATURDAY SINGAPORE ISLANDS
      717 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      148 21 EGYPTIAN ™INTERNATIONAL UN? fit. EGYPTIAN FLAG TO fOYFT mn ■II n>» NH N ill pri-t »ir- Mil Hm M Sflr Bhd Ks In* APC LINE ANOKUTAK PEOTAMftINOAN CONTAINER LINE FULL CONTAINER SERVICE SMAPORE/FOMNG/SMAPORE/JAKARTA (T6. PRIOR) ME HOT ME NO SMMNI >« 72M IVI 7225/72 JH 14-14/4 MMRTA SMBUPOI hiNrt 11-29/4
      148 words
    • Advertisement
      Page 21 Advertisements Column 2
      264 21 INIHHiI LF FREICJHT SKRVICKS TEL *****00. *****01 TELEX RS ***** INDGUL TIGER EXPRESS LINE NAVITRADE GROUP TEL: *****14/5 REGULAR SAILINGS TO CHITTAGONG/CHALNA STORE ram Urftaftar i 19 Apr 25 Apr Oip| PENANG TEL: *****/5 THE MALAY STATES SHIPPING CO. PIE. LT 25TH FLOOR, CJ\F. BUILDING, 79, ROBINSON ROAD, BINGAPORE 0106
      264 words
    • Advertisement
      Page 21 Advertisements Column 3
      63 21 I Freiqht Management Pte Ltd M *****11 (5 km) 224K11 frtnc B 2M21 nu can mo somas fci no lci to AUSTRALIA, MEN ZEALAND, UK/EUROPE, IVMI UIT.M M 1.4 M L/.L I PORTS/DES REQUEST HAN HUAT SHIPP ANGONAVE STATE SMPPMOUNE OF ANQOLA STORE PRL Load** FOR TW 31/4 COLOMBO, DAR-ES-SALAAM,
      63 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      124 22 MM MAGNA MARINE LINES LOADING FOR SOUTH AFRICA Vessel BESSANG PASS Voy 011 BLT 1975 MAGNA VOY 012 MAGNA VOY 013 Spore PKelong Dischg 15/4 REUNION DURBAN CAPETOWN 30/4 28/4 —do 25/5 28/5 —do ACCEPTING CONTAINERS A BREAKBULK FOR ALL PORTS GENERAL AGENTS- SHIPPING PTE LTD 11th Floor, MNB BUILDING
      124 words
    • Advertisement
      Page 22 Advertisements Column 2
      267 22 Are you making full use off the Shipping Times as an effective selling medium? For further enquiries caM: Shipping Times Tel: *****44, Extension 351 Times Centre 1, New Industrial Road Singapore 1953. Tel: *****2 Ext. 38 or 39 Financial Publications Sdn Bhd 31, Jalan Riong, KL 22-03 COLOMBO DOCKYARD LIMITED
      267 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      164 22 Regional Weather II *7 m 05 I w C 1 r 4 5* v *c* I >\ 1 V 1 fe to? °C yA CP" Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGENDR. Thunderstorm Temperature °C Shower Weather s-Y
      164 words