The Business Times, 9 December 1980
1980-12-09
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The Business Times
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Title Section11 1980-12-09 1 BUSINESS TIMES M.C.(P) No. 111/1/81 TUESDAY, DECEMBER I, ltBl 50 CENTS11 words
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BRIEFLY...
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Article77 1980-12-09 1 Reuter NEW DELHI, Mon. More than half a million Indian defence civilian employees will go on a one-day strike on December 18 to back demands for higher pay, a trade union leader said today. Mr K.M. Mathew, general secretary of the All India Defence Employees Federation, saidReuter - 77 words
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Article50 1980-12-09 1 Reuter MANILA, Mon. The Manila-based Asian Development Bank said today it had approved a technical assistance grant to Burma for the Rangoon-Prome Road improvement project. Under the technical assistance, consultant services will be provided to determine the appropriate level of improvement needed for the 280kilometre road. ReuterReuter - 50 words
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Article73 1980-12-09 1 Reuter MANILA, Mon. The Defence Ministry has decided to drop charges filed by the Philippines government against assemblyman Valentino Legaspi and 58 other opposition leaders arrested following anti-government demonstrations in Cebu city last September, the official Philippines News Agency said today. It said the decision was taken "inReuter - 73 words
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Article61 1980-12-09 1 AFP PARIS, Mon. Indian Premier Indira Gandhi accused China of "hegemonist aims" throughout Asia, seriously threatening peace in the region, in an interview published today in the French rightwing newspaper Le Figaro. But she added that India would continue to refuse the Soviet request a few months agoAFP - 61 words
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Article58 1980-12-09 1 UPI MOSCOW, Mon. The three Soviet cosmonauts, launched 12 days ago aboard the computerised Soyuz-T-3 spaceship, are preparing to return to earth. Tass said today that Leonid Kizim, Oleg Makarov and Gennady Strekalov have completed repairs on the Salyut-6 space lab where their ship docked and wereUPI - 58 words
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Article73 1980-12-09 1 Reuter LISBON, Mon. President Antonio Ramalho Eanes has routed Portugal's ruling right-wing alliance to win a second term and the government was expected to resign today. Industry Minister Alvaro Barreto, speaking after the president's victory became clear last night, said the resignation would come during the day.Reuter - 73 words
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Article71 1980-12-09 1 AFP KUALA LUMPUR, Mon. Malaysia's export of crude oil this year is estimated at n.9 million metric tons valued at about US$3,OOO million, Finance Minister Tengku Razaleigh said today. Last year's exports totalled 12.034 million metric tons worth about US$2,OOO million. He said Petronas discovered fromAFP - 71 words
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Article136 1980-12-09 1 Rises B Rtya 635 65 Bovis 159 58 Msia Rice 560 45 Berjuntai 1450 30 Public Bank 720 25 Msian Fmills 214 22 P M R I 780 20 Spore Land 575 15 C Securities 164 11 M Banking 1550 10 M U I 1410 10 Falls136 words
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Article, Illustration155 1980-12-09 1 Rises B Raya 670 80 Bo vis Sea 161 62 M Rice 570 40 Malayantir i 560 25 M Textile 256 22 P Bank 745 15 Cen Sec 174 11 U M Flour 360 10 Falls Tronoh 2000 -80 C AC 570 -25 Weames 338 -22 Esso Ord155 words
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Article632 1980-12-09 1 RONNIE LIM - OFFICIALS NOT TOO PERTURBED By RONNIE LIM TWO NEW hydrocarbon projects which were tentatively scheduled for Singapore have now gone to Japan and the Philippines but Singapore officials do not appear to be too pertubed. The two projects a liquefied petroleum gas (LPG). terminal and632 words
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Article251 1980-12-09 1 SIME Darby Sales, a division of Sime Darby Singapore, will assume full management responsibility for A.S. Watson (S) and its wholly-owned Malaysian subsidiary, A.S. Watson (F) Sdn Bhd, soon. The management contract follows a takeover of A.S. Watson (S) by Riddle Enterprises which is a251 words
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491 1980-12-09 1 AGNES WEE - By AGNES WEE SINGAPORE'S success in maintaining stability and progress, amidst the setbacks experienced by other developing countries, is the result of sound leadership. The PAP leadership "takes tough decisions in the national interest", stated the party's elections manifesto, "even when they are unpopular491 words
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Article286 1980-12-09 1 SUSPICIONS over an apparent leakage in sharesensitive information were coolly explained away by South East Asia Lumber yesterday in its reply to the Kuala Lumpur Stock Exchange. The company said that during its earlier replies to the exchange, no definite decision had been reached to revalue its286 words
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284 1980-12-09 1 PRIMA'! prspsssl to sell IM mlMia shares to Ita Mmmlib wMiliry, P T Prima laiwedi, to a Mr Wlr—t— ku not heea approved by the lat—>M MtkHttiM. Conseqsently, the emnpuy has had to toeate aaather —liable buyer tor the per eeat equity la Ito284 words
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473 1980-12-09 1 JOHN TAN - By JOHN TAN RESERVIST officers may soon be allowed to do "homework" as a means of shortening their annual incamp reservist training of about three weeks normally. This was revealed by the Minister of State for Defence, Mr Bernard Chen, who told Business Times that473 words
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Page 1 Advertisements
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Advertisement12 1980-12-09 1 >\ \s\\u-ss N "T\ SINGAPORE business FOR PEOPLE WHO MATTER Times Penodcais Pvjc*cahcx>12 words
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Advertisement17 1980-12-09 1 \\V 0<l» V 8 >kV>>' ui> or *****24/*****7 BIW Tmsk ffimnM More than a truck rental service!17 words
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Advertisement79 1980-12-09 1 [KMDS SHIPPING TIMES K ASH AN liMkm aew dlt> COPYRIGHT law far US cmdmond detector la market........... I pater pragraounen f INDIA will allaw ferelgaera ta TWO Japaaeae baaks ta apexplore far a 11........................... S grade Blagapare emcee............. HIGH latereat may briag a aew SAUDI Arabia, UAE eaU far aU79 words
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Advertisement59 1980-12-09 1 RICOH Plain paper copiers Preferred by offices worldwide CALL *****5. Wywy Private Limited Wywy House, 17 Leng Kee Road Singapore 0315. Feature...page C THE Premium Blend mil (invited IVrlertod ,iml harkmi b\ owr 1 wars of bitmkiin.L: rxprrit'iu c. r* Pi! Ll'Xli ancestor SCOTCH WHISKY I lx iv's a lot59 words
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TRADE AND INDUSTRY
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Article, Illustration374 1980-12-09 2 SIOW LI SEN - By SIOW LI SEN THE latest diamond detector from Kashan, a US company, is now available in Singapore. Mr Edward Tripp, Kashan's Asian representative, said the detector has been accepted by the Gemological Institute of America, which has placed an order for 500 units to be sold374 words
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Article513 1980-12-09 2 MORE than 90 training officers and workshop instructors from the Vocational and Industrial Training Board will attend a two-day seminar on metal fabrication, surface treatment and welding organised by the Australian Trade Commissioner in Singapore. The seminar will be held this Thursday and Friday during the Machine Asia/513 words
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295 1980-12-09 2 LILLIAN CHEW - By LILLIAN CHEW THE Skills Development Fund Council has granted 64 per cent of its funds to apprenticeship training schemes in the precision metal engineering industry, amounting to more than $400,000. This is in line with the Government's emphasis on developing the industry. Officially295 words
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236 1980-12-09 2 THE subcontracting and supporting industries in Singapore have not been given enough prominence or due recognition, yet they are the life-line of manufacturers of major end-prod-ucts, said Mr David Kang, president of the Singapore Institute of Purchasing and Supply. Speaking at the opening236 words
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Page 2 Advertisements
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Advertisement221 1980-12-09 2 A&W YAOHAN Singapore Pte Ltd of S'pore Sdn Bhd j« "it 4 -t 1 fEi -J R P 1 -it i oaihj T s ybebaAnmore i'ltlilll SIHHK 'IE LTD 4 a M f s u OH MM i) FRASER NEAVE Singapore Pte Ltd CASTROL Far East Pte Ltd SILO/PIEU Supermarket221 words
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Advertisement40 1980-12-09 2 TJW B ,oaMIM rueiAKcesTSiuW mm M m r r»n *> Ki fACTQmr *to**St»i*T<v( f Off SOUTH CASr ASM STHL(S.EA.)PTE LTD Unit 1003, 10th Floor. Tan Boon Liat Building, Outram Road, Singapore 0316. Tel. *****47 (3 Lines> Cable: STIHLSEA Tele* RS *****40 words
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REGIONAL
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254 1980-12-09 3 Reuter POOD manufacturers in Asean are to ask Japanese businessmen to do more to help market access for Asean member countries. The decision was made by delegates from the Philippines, Thailand, Singapore, Malaysia and Indonesia attending the Federation of Asean Food Processing IndustriesReuter - 254 words
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Article208 1980-12-09 3 PETRONAS' annual earnings for this year amounted to MJ2.2 billion after tax. Malaysian Deputy Minister in the Prime Minister's Department, Datuk Abdullah bin Abdul Rahman said this yesterday in reply to Mr Lim Cho Hock (DAPIpoh). He said the earnings for last year amounted to $761208 words
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208 1980-12-09 3 UPI INDIA will allow foreign oil companies to bid (or petroleum exploration rights. The New Delhi government has decided to open 1.13 million square km offshore and 774,000 sq km of land for oil exploration to 34 foreign parties, the Press Trust of IndiaUPI - 208 words
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300 1980-12-09 3 Reuter THE Chinese government has introduced strict new measures to control prices that have risen during the recent relaxation of economic policies. The official New China News Agency (NCNA) said the central government had banned price rises for commodities, manufactured goods and farm produceReuter - 300 words
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Article166 1980-12-09 3 Reuter LEADERS of Indonesia's main religions have appealed to all their followers to do their utmost to preserve peace, order and unity following anti-Chinese violence two weeks ago. They said in a statement over the weekend they were making the joint appeal after studying statements from theReuter - 166 words
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347 1980-12-09 3 UPI YAO WENYUAN, the "Gang of Four" scribe who thrived on waging revolution with his pen, was interrogated in court yesterday on charges he incited a riot and used his grip on the mass media (or mind control. The foreign ministry saidUPI - 347 words
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Article, Illustration216 1980-12-09 3 AFP THE Bangladesh government is interested in having Malaysian rubber companies open up rubber estates in that country on a jointventure basis. Deputy Trade and Industry Minister Datuk Lew Sip Hon (above) said this in Kuala Lumpur on Sunday on his return from a four-dayAFP - 216 words
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Article, Illustration279 1980-12-09 3 ASEAN will continue to hold talks with Vietnam in finding a political solution to the Kampuchaen problem, Malaysian Foreign Minister Tengku Ahmad Rithauddeen said. He said there are many things to be discussed among the parties concerned before they meet at the UN-proposed international conference279 words
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THE REGION IN BRIEF
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Article491 1980-12-09 3 Agencies KHMER Rouge guerillas and Vietnamese-led forces fought close to Thailand yesterday after massing men and hard ware ove the weeend, Thai military sources reported. The fighting broke out at about five km east of the Thai border as Khmer Rouge guerillas sought to overrun a VietnameseAgencies - 491 words
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Article166 1980-12-09 3 UPI TAIWAN will demand immediate Japanese action to stem a mounting trade deficit likely to reach US$3 billion this year, official sources said in Taipei. Premier Y.S. Sun has instructed a trade delegation currently In Tokyo to warn the Japanese government that unless itUPI - 166 words
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Page 3 Advertisements
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Advertisement124 1980-12-09 3 With interest rates as low as prime... Convert your Accounts Receivable into CASH immediately! J I .■f. v*ir v V' ■h m *7 *fc« 1 o i ge v<r "ONG UgS** 1 FINAHC*More funds for your business? Accounts.Receivable Finance is the modern answer by Hong Leong Finance to benefit all124 words
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Advertisement126 1980-12-09 3 r- Amapo Tiara Supper Club December 1 20 A rare commodity. That s Filipina singing star Amapola. With a beautiful face and figure to match, this sultry siren of songs is also a musician, television star and recording artiste. She can sina up a storm. Set your fingers snapping or126 words
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RAW MATERIALS
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489 1980-12-09 4 AP. TDM producers are against proposed financial provisions to make a new tin trading treaty eligible for joining the Common Fund system for stabilising commodities trade. Revealing this, sources of the closed United Nations Tin Talks in Geneva last week howeverAP. - 489 words
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Article97 1980-12-09 4 Reuter. PENINSULAR Malaysian tin concentrates production rose to 6,977 tonnes containing 5,272 tonnes of metal, in September from 6,710 tonnes .containing 5,065 of metal, in August, the Mines Department reported. Deliveries of tin concentrates to smelters from mines in September fell to 6,705 tonnes containing 5,065Reuter. - 97 words
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Article309 1980-12-09 4 OPENING prices on the Singapore rubber market yesterday were marked down slightly on lower London advices. Later, values eased further on a lack of buying support. Prices recovered slightly on a reserve of sellers towards the morning close. The morning session closed slightly lower with December One RSS buyers309 words
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Article324 1980-12-09 4 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S prompt f.o.b. 293.50 294 50N 294.00 295 00N Int. 1 R.S.S. December 296.25 296.75 296.75 297.25 Int. 1 R.S.S. January 303.50 304.00 304.00 304.50 Int. 2 R.S.S. 282.50324 words
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Article122 1980-12-09 4 NOON SSR and SMR f >nca* intmUr RA8 SSR 20 SSR SO (1 ton (1 loo pallet l pallet) December (Curreat Mth) Buyer* Seller* 243 00 245.00N 239 00 241 OON Jmammrr (Forward Mtk) Bayer* Seller* 245 00 247 OON ***** 243 00N MRELB SMR CV SMR122 words
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Article39 1980-12-09 4 Rubber. Dec 8 Singapore: December: 296.75 cents (up 0.25 cent) Malaysia: January: 313.50 cents (down 0.50 cent) Tin: M 51,861 (down $3) (equivalent to $31.10 per kilo) (down 5 cents) Official offering: 175 tonnes (down 14 tonnes)39 words
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Article67 1980-12-09 4 THE STRAITS tin price in Penang yesterday fell Ms 3 to $1,881 per picul (equivalent to $81.19 a kilo), $2*4 below the International Tin Agreement ceiling. Sentiment continued weak following last week's easier London advices and the start of the General Services Administration's daily offerings on Dec I,67 words
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Article172 1980-12-09 4 CHINESE Pndaee Rieh»»ge, SagapMe, etartat pricea per lMkg yesterday: Caeeaat ail: Bulk fob $140.00 sellers, old drum (in second hand drum) fob $152.00 sellers, new drum fob $168.00 sellers. Capr»: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $415.00 sellers, Sarawak white pepper faq fob172 words
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Article193 1980-12-09 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Critsa yara: China Blue Phoenix 20b 1,990; 32s 2,720, 40s 2,930 (per bale ot 400 lbs). Ptoee gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article322 1980-12-09 4 SINGAPORE: Yesterday's closing prices in St per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.12, 100 per cent second class 0.96, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.82. THAI BROKEN. A-super 0.76, Special 0.73.322 words
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Article886 1980-12-09 4 COFFEE: Robusta futures yesterday closed the morning steady £3 to £6 a tonne up from Friday on sales of 328 lots including nine odtions. Dealers said overall trading during the morning was quiet with values holding a narrow trading range that did not exceed more than around £5.886 words
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Article111 1980-12-09 4 THE Malaysian palm oil market yesterday closed higher on covering for nearbys in fairly active trading, dealers said. In the Central region, December rose MJ17.50 to J970 a tonne from Friday's level while in the Southern and Central regions, January and February were traded at 985. The refined111 words
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ASIAN STOCK
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522 1980-12-09 4 TOKYO Reuter. SHARE prices closed mixed in quiet trading yesterday, with an uncertain sentiment dominating reflecting the easiness on Wall Street and the unstable political situation in Poland, dealers said. The market average added 1.61 points to 7,125.13 with volume 240 million shares. TheReuter. - 522 words
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Article237 1980-12-09 4 THE ALL Ordinaries index yesterday retreated across 1,000 as rising US and local interest rates continued to put pressure on prices, brokers said. 1H-V «m CVnls INDUSTRIALS A C* 1 20»i 3 A I uin A P M 200S -5 Arnpol Pet 175 3 mum 1625 -5 Bank NSW237 words
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Article215 1980-12-09 4 IJfrX" 08 Bahts Am.I Credit 123 unch Asm h ihrr Ayuthaya Inv And Trust Bangkok Investment Bangkok Bank 292 unch Bangkok Drying And Si!o Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Ol Asia Bank Of Avudhaya Ltd 147 -1 Bala Berii Jurker 285 2 C arpel InterNalional Charoong215 words
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Article137 1980-12-09 4 THE STOCK market was easier yesterday with turnover falling sharply to 2.2 million pesos from 7.5 million on Friday, dealers said. First Phil Hldgs was the lone gainer while Atlas Con B, Lepanto B, Philex B and Seafront closed lower. IHCC OH P+SOS Avtfjr Mining 007 unrh Alias Con137 words
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Article29 1980-12-09 4 H.K.HANG SENG Monday 1398.51 Friday 1382.51 Week Ago 1441.82 SYDNEY INDUSTRIALS Monday 755.21 Friday 758.73 Week Ago 770.41 ALL ORDINARIES Monday 990.95 Friday 1000.95 Week Ago 1030.8629 words
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Article396 1980-12-09 4 Source: THE ONE percentage point interest rate increase during the weekend caused the market to open weak yesterday. but the early volume was low as most investors took a wait-and-see attitude. When some buying did appear, speculators jumped in causing the market to rally sharply upwards. Buyers concentrated mainlySource: - 396 words
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Page 4 Advertisements
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Advertisement146 1980-12-09 4 .1 lb 1 I Now, Rothschilds makes gold buying and selling easier than ever. Because Rothschilds can now be found at a more convenient location-the ground floor of Straits Trading Building. Here, you'll find the same reliable service you have come to expect from Rothschilds. You'll also find sgm, 10gm,146 words
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Advertisement8 1980-12-09 4 Exotic Food (mat 'r)iavv<v>n 1 t'l: MM SOS8 words
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OVERSEAS
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404 1980-12-09 5 AP JORDANIAN officials believe the Soviet Union is behind the two-week Syrian troop build-up on Jordan's border. Both Jordan and Syria have said they do not want war. Syrian officials have said a full-scale pullback had begun but this could not be confirmedAP - 404 words
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258 1980-12-09 5 NYT PRESIDENT-ELECT Ronald Reagan's transition team for the Central Intelligence Agency (CIA) has proposed several sweeping changes in the organisation and operations of the nation's intelligence programmes, including increased emphasis on covert action abroad. Mr Reagan's aides said that a preliminary report onNYT - 258 words
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Article760 1980-12-09 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JEK/SFO/HKG MAS MH601 0630 KUL CARGO CV796 0715 LUX/DXB SIA SQ101 0815 KUL MAS MH605 0830 KUL SIA SQ528 0710 DHA MAS MH621 0835 PEN RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ211 1000 HLP760 words
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142 1980-12-09 5 AFP ABOUT hc haadred iateraatfoaslly-haawa figares, ImMNI Ji Nehel prise winners, have released statement accastag the United Nnttnns s< forgetting Its hnmnnitnrlnn gaals aad st M"g damlaated by aatlIsrneil forces. The Cemmlttee for United Natleas' Integrity snld: "The United Nnttens is ne laager the gnnrdlnnAFP - 142 words
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805 1980-12-09 5 NYT WITH interest rates rising toward record levels in the United States, many economists see the nation's economy sliding into a recession that could last at least until next summer. Mr Allen Sinai, chief economist at Data Resources, an economic consulting company,NYT - 805 words
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Article155 1980-12-09 5 STRIKING oil workers in Peru were reported to be in control of 16 rigs off northern Peru as their dispute spread to operations onshore. Press reports in Lima said 11,000 oil workers were on strike in the northern coastal region of Talara, which normally produces about155 words
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Page 5 Advertisements
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Advertisement27 1980-12-09 5 TRAVEL SERVICE!! HOLIDAY LA-FLEUR TRAVEL S.T.P.B T/A267 xe.*****51-*****11 Holiday Inn Hotel. Suite 4. 4th Floor Scotts Road. Singapore 0922 BUSINESSMEN!!! TRAVEL ECONOMICALLY WORLDWIDE ALSO CAR TRANSFER AVAILABLE27 words
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Advertisement150 1980-12-09 5 So distinctively Seiko! A selection from our gents' quartz range. The multi-function Alarm Chronograph, model A 359-5050. and the analog day-date 8223-7060. wMmmm MM* v-v\ v r> mm These are very special quartz watches. The result of Seiko's world-famous research and development. Advanced technology you can put on your wrist.150 words
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Article293 1980-12-09 6 NOTHING can be more damaging or dangerous than false optimism regarding oil prices. We have all, hopefully, learned the brutal lesson of the energy complacency that was widespread up to 1973. Nevertheless, it now looks as if the chances are more than good that the forthcoming293 words
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328 1980-12-09 6 CREDIT-CARD lovers will soon have one card less to insert in their wallet. A local department store now feels it is no longer worthwhile to issue house cards as its clientele are turning towards international cards, a change from earlier years when it328 words
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Article, Illustration1879 1980-12-09 6 JOHN TAN - The continued inability of Asean and other non-communiat nations to P efS J ade Soviet-backed Vietnamese forces to pull out of Kampuchea highlights the uncertainties that LjA Singapore and ita Asean members face on the security front. In a candid 1/SiA interview with JOHN TAN, W1,879 words
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Page 6 Advertisements
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Advertisement148 1980-12-09 6 Seven Star Leather-bound Diary. "Vbur exclusive and prestigious record for days, months and years. m Seven Star offers you the complete diary system. Select the individual sections that will suit you, and put them in to make up a diarytailored to your very own needs. Sections can be extended or148 words
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Page 6 Miscellaneous
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Miscellaneous27 1980-12-09 6 Bristow: Rank Dic&eaS HS rax us OJHPvT wpPf^MeD •O GOOD SffeFMONG sJO Wipn y Gr UJE-'LL MR\<C O LJRiT Five miNUTeS TILL HIS 6iM2S wcwe sroPPeD RINGING27 words
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Miscellaneous1380 1980-12-09 6 Talentime '80 Finals THE event qaite a few people have been waiting f»r starts at ?.S9p<n tonight. Larry Lai brings yaa 'Live' the TjUeatime Gnutd FUuUs IfIML The llae-ap is as feUews G1 The T Caliectiaa (Bandstand Boogie), SI Christina Joseph (If This Is Lave), G2 i Plus 2 (Bath1,380 words
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Article, Illustration1364 1980-12-09 7 TSANG SAU YIN - "As a company grows it would need more capital and there will come a time when we may need Sime's participation in the equity," commented Mr Tony Ho, managing director of SIM AC, on his company's recent tie-up with Sime Darby. TSANG SAU YIN traces1,364 words
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Article943 1980-12-09 7 JAMES RESTON - FORUM with JAMES RESTON NYT. POLAND is high on the front pages again. Also on the TV screens are pictures of Soviet tanks, like Plato's shadows on the wall, telling some ominous future; thumping warnings from Washington; the usual silly charges in Pravda about the menaceNYT. - 943 words
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Page 7 Advertisements
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Advertisement265 1980-12-09 7 Until very recently, the interior of a colour TV set was a highly complex assembly of hundreds of small parts. If just one part went wrong, it could sabotage the whole system. And often it was the little faults which were hardest to detect and rectify. Then came the revolution265 words
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INTERNATIONAL STOCKS
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387 1980-12-09 8 THE ADVERSE effect of the recession on BP's chemicals sales intensified during the third quarter of 1980 with the normal seasonal downturn worsening an already poor position. The UK position was again particularly difficult with the high value of sterling constraining exports and enabling importers387 words
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Article156 1980-12-09 8 UNITED Steles Steel is te ■ell several eaal properties te Staadard OU Ca (Sahla) far US97M mllttaa. Aeeardteg te stetemeate lamed la Clevelaad aad la Plttebargh, tee tmnpaates have agreed la prteeiaal tor Sahla te bay tram I S Steel teree aperatteg esal mlaes and156 words
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Article251 1980-12-09 8 VOLKSWAGENWERKexpects volume sales of cars to continue to moderate next year in most countries and car markets to remain unstable. The industry faces risks that cannot be evaluated, such as the uncertainty of the oil market, the tendency towards higher petrol prices and taxes and251 words
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Article282 1980-12-09 8 Reuter IT WILL BE difficult for BASF AG to maintain last year's dividend of eight marks in 1980, according to management board chairman Matthias Seefelder. BASF has announced domestic group pre-tax profit of 1.15 billion Deustchemarks (1.34 billion) for the first nine months of 1980 on higherReuter - 282 words
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Article140 1980-12-09 8 THE 1980 financial year of AEG-Telefunken AG is running largely as planned and an improvement of around 200 million Deustchemarks over 1979 operating results can be expected. A further improvement in operating results is likely in 1981. AEG's 1979 domestic group net loss amounted to 968 million marks140 words
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Page 8 Advertisements
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Advertisement180 1980-12-09 8 Where to wine, dine and entertain Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY—THURSDAY (except public holidays and holiday-eves). For full details of the 50% DISCOUNT OFFER, JStSL call Apollo Sentosa Reservation Centre180 words
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Advertisement188 1980-12-09 8 ,>,$}!(<;{_*|{-[>,@<?=+<<{-:[;^ lubertus (Still For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday $18 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $16 10% service charge 3% cess For reservations call *****77 J t «•!illir\ I *mrk "*^lHil)>ii Siii^iqM»if SHEOATON HQTELS AND iNNS WORLDWIDE '.ISS-H188 words
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Advertisement131 1980-12-09 8 Everythings here at the Mirabelle w <•> v r T M I All the ingredients for an enchanted evening are here Superb Continental cuisine and choicest vintage wines In an elegant and romantic atmosphere complete with candlelight and strolling minstrels And service that is impeccable and unobtrusive Come, spend an131 words
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Advertisement157 1980-12-09 8 OOOGO Inn Of Happiness Now open at the Hilton Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. |A| WbTON INTERNATIONAL*157 words
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Advertisement220 1980-12-09 8 Victoria Bar A little bit country, a little rock and roll With pop hits and jazz too that's the wide repertoire of "Gypsies". Four talented young musicians whose fine vocal harmony has been enjoyed all around the Asian cities Don't miss them at the Victoria Bar nightly 6 pm midnight220 words
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BANKING AND FINANCE
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159 1980-12-09 9 THE Bank of Indonesia has asked six banks to lead manage a US$35O million 10year Eurocredit, bankers said in Hongkong on Friday. The loan will carry inter- est at V 4 per cent above London interbank offered rates (Libor) for the first five years,159 words
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421 1980-12-09 9 THE medium-term outlook for the Philippine economy for the coming year seems bright despite some shortterm problems, Dr Bernado Villegas said. The chief economics consultant and deputy executive director of the Centre for Research and Communication said last night the economy will continue to be421 words
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109 1980-12-09 9 Reuter THE Gaangdang Trust aad Investment Carparatlen has apeaed to handle jatat ventares aad w r*T**inl dealiagß between the Saath China Pravlace aad averseaa Interests, the New China News Agency (NCNA) reported last week. The agency said the carperatiea, with a«sets af 2M mllitoa yaanReuter - 109 words
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MONEY AND EXCHANGE$
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Article479 1980-12-09 9 THE US dollar closed sharp- ly weaker against the yen on large commercial demand for the Japanese currency in moderately active !-trading on the Singapore foreign exchange market Z yesterday. Dealers said the US unit "fell to a late 208.60/70 yen •from an opening of 210.00/15 There and479 words
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Article224 1980-12-09 9 THE DOLLAR yesterday opened steady against European currencies on the „strength of high US interest rates, but was down sharply on the yen in moderate trading, dealers said. Large commercial demand for the Japanese currency, following the trend in the Far East, weakened the dollar to an opening 208.80/224 words
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Article161 1980-12-09 9 THE US dollar for overnight delivery yesterday closed sharply weaker at 209.65 yen, compared with a 211.50 opening and 213 at Friday's close. Trading was active with volume US$l.O5 billion. Just before the close, the dollar fell to a four-week low of 209.55 yen although "there were no particular161 words
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Article22 1980-12-09 9 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 13.8 per cent.22 words
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Article185 1980-12-09 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Dec 8: US Dollara(Spot) Offer Bid 7 days 20 19'* 1 month 20H 20". 2 months 20 3/16 201/16 3 months 19 9/16 19 7/16 6 months 18 lV/» 9 months 16 13/16 1611/16 12 months 16>/4 16'« Sw.Fr*.185 words
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Article48 1980-12-09 9 RANGE of prices offered by discount houses on Dec 8: Overnight: 3% to 7V«% Call deposits: 6'/i% to 7'«% Clociaf Buying Sellia< 3-month Treasury bills 613/16 611/16 3-month Bank bills 13% 13V, 3 months CD 13V4 13» 6 months CD 12% 12 J Source: National Discount Co48 words
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Article139 1980-12-09 9 THE US dollar yesterday continued to ease against the yen on commercial demand for the Japanese currency but was otherwise steady in very quiet late trading, dealers said. It eased to a late 209.75/80 yen from an early 210.30/40 and 211.20/35 at the New York close on Friday and139 words
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Article359 1980-12-09 9 SINGAPORE gold futures yesterday closed easier compared with last Friday's close in quiet trading. Prices fell during the morning on news of leassened tension between Syria and Jordan coupled with market concern over the effect of firmer US interest rates and in late afternoon trading to some European selling.359 words
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Article44 1980-12-09 9 m Than New York 17 90B 18.35B 18 20S 18 65S Zurich 17 SOB 18 70B 18 2QS 1910S Mm PH Singapore 17 85B 18 20B 18 25S 18 60S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.44 words
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266 1980-12-09 9 AP SOUTH Korea, for the first time, will allow foreign banking interests to set up a joint-venture city bank with local banks. Finance Minister Lee Seung-Yun last week disclosed the joint venture while announcing a set of measures to modernise and internationalise KoreanAP - 266 words
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Article132 1980-12-09 9 Reuter MANUFACTURERSHanover Asia Ltd has been mandated to arrange a major borrowing for the Philippines Central Bank, a bank spokesman said in Hongkong. He declined to disclose size or terms for the loan but market sources said it would be around US$2OO million and carry similar conditions toReuter - 132 words
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Article486 1980-12-09 9 ALVIN TAY - By ALVIN TAY JAPANESE Institutions look set to make a greater impact on the local banking scene with (our banks given the 'greenligbt' by the Monetary Authority of Singapore (MAS) to set up offshore banks and representative offices. Long-Term Credit Bank of Japan (L7CB) and TaiyoKobe486 words
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Article95 1980-12-09 9 AFP DAIEI Incorporated, the largest Japanese supermarket chain, will float French franc-denominated convertible bonds worth 100 million francs (about US$23 million) on the European money market next month. Daiei said underwriters of the seven-year bonds included Banque National? de Paris and Nikko Securities Co (Europe). The coupon rateAFP - 95 words
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Article75 1980-12-09 9 SOUTH Korea will cut foreign borrowings next year to just over US$7 billion from a projected $8.4 billion in 1900, assistant finance minister B K Choo said in Hongkong. Of next year's amount, about $2 billion will be in short-term loans, he said after the signing of75 words
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Article52 1980-12-09 9 BANK of America has announced the appointment of vice-president, Mr Owen Erickson, as manager of its Tokyo branch. Mr Erickson, who was formerly the branch's assistant manager, will be responsible for all aspects of branch operations. He will be based at the bank's premises in Tokyo's Maronouchi52 words
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395 1980-12-09 9 Reuter JAPANESE trust banks are now allowed to invest a proportion of their pension funds in overseas currencies, Tokyo finance ministry officials said. The officials declined, however, to provide any details on the change which took effect on Dec 1, the same time asReuter - 395 words
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Article214 1980-12-09 9 THE US Federal Reserve last week dispelled any lingering hopes market participants had that the Federal funds rate might begin to ease off during the week. The Fed's basic discount rate was raised to 13 per cent from 12 per cent, and the surcharge214 words
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Page 9 Advertisements
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Advertisement297 1980-12-09 9 ipr il for loos cf fine bod... £3 mi bai mi uffer 4iol<k>n Wmk'iiLv KAMPAWf <>»l<k'n Phoenix old World Trade Centre Swiss Continental Restaurant bzechuan Restaurant Japanese Restaurant Szechuan Restaurant A taily great restaurant. Soft lights, sweet music, In a class of its own Singapore's first and foremost Transpose yourself297 words
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1587 1980-12-09 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise' specified. SECTION ONE INDUSTRIAL COMMERCIAL Aeu (3-488) (I)1,587 words
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Article85 1980-12-09 10 OUMONTAGU prtMi i fcr Dee )> Union Spar* Fund 1.** lilV» INCOME BOND UNIT Income Band 1.31 1.44 MAKA KIWI vrn tar Dm 0) Fir*t B'putrm Second B'putrm 5 41 540 4.21 436 Third BJxitrm Fourth B'putrm 4 26 4A 4.e 4.S0 Fifth B'putrm Sixth B putrm 3.1185 words
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Article2715 1980-12-09 10 1980 High Low Company Gr*» Gr"! Net Last Div Div Yld P/E Vol Day Sale +or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 300 149 180 430 125 352 745 406 610 245 Acma 220 Alcom 116 Allied Choc 138 BAT 270 Bata 60 Ben2,715 words
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Article1235 1980-12-09 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 in lots of 1,000 units, unless otherwise specified INDUCTRIAL* Alee* (1968 IMS) (4) 2.16 AMD (0.80B) ■ate <4.MS) cM Baa1,235 words
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Article197 1980-12-09 10 BENONG Tla Dredging Campaay Bhd: AGM to be held at 4701 OCBC Centre, Singapore, at 3pm on Dec 11. SINGAPORE Laad: AGM to be held at Suite 1901, 19th Floor, Shing Kwan House, 4 Shenton Way, Singapore, at 12 noon on Dec 12. AOKAM Ha Bhd: Twentysixth AGM197 words
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Article147 1980-12-09 10 UNITED Meter Works' 8.5 per cent convertible unsecured loan stock 1972/80, fully redeemed on Oct 31, been removed from the official list of the Singapore stock exchange. THE Devetopoeat Bank of Singapore's 6.5 per cent convertible bonds 1991, fully redeemed on Oct 29, have been removed from the147 words
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Article, Illustration717 1980-12-09 10 SLACK trading prevailed at Slagtpwc stock eiehuge yMtenUy a* sellers dominated far the greater part of toe morning. Bat the emergence af baylag support later la toe day lifted prices abave toe day's lowest levels. Tke Straits Times IndastrlaJ Index, down MS pdits at noon,717 words
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Article598 1980-12-09 10 SHARE prices drifted erratically on the Kuala Lumpur Stock Exchange and finished on a mixed-to-slightly-steadier note yesterday. Some selective interest was seen among a few favour! ties particularly Bandar Raya and Bo vis SEA but trading was exceedingly quiet and withdrawn. The slowdown in activity598 words
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COMPANY NEWS
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Article, Illustration1647 1980-12-09 11 BIBIANA CHOO - By BIBIANA CHOO THINGS are moving again at Malayan Credit (MCL) after what appeared like a stalemate situation between major shareholders See Hoy Chan and Sindo barely four months ago. As a starter, investors will soon be treated to the Malaysianisation of Century1,647 words
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LATEST RESULTS
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Article49 1980-12-09 11 has re- ported group net attributable profit of $14.42 million ($13.67 million previously) for the year ended Sep 30 after an extraordinary gain of $3.29 million ($20,000) on a turnover of $343.85 million ($346.60 million). The parent company achieved a net profit of $7.64 million ($8.37 million).49 words
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Article88 1980-12-09 11 has reported a net after tax profit of M 53.05 million ($4.15 million) for the half year ended Sep 30 on a turnover of $12.84 million ($16.15 million). The profit is after tax of $3.86 million ($5.65 million) and depreciation of $869,599 ($857,401) and includes gross dividend88 words
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Article64 1980-12-09 11 an- nounced a proposed stock split of two shares for one, to be effective on Jan 31, 1981. Each of the existing ordinary shares with a par value of HK$5 each will be subdivided into two shares of par value $2.50 each. The share price of Hongkong64 words
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226 1980-12-09 11 BATA Malaysia is proposing a bonus issue of one-for-three which will capitalise $5 million from its unappropriated profit. Bata said the bonus issue, which will raise the paid-up capital to $20 million from $15 million, is being made in order to reflect more fully226 words
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287 1980-12-09 11 KLUANG Rubber Company (Malaya) has managed a significant earnings increase for the year ended June 30, 1900, but its 32 per cent owned associate, Sungei Bagan Rubber Company (Malaysia), has barely maintained its earnings for the same period. At Kluang, pre-tax profit for the year287 words
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Article164 1980-12-09 11 HIGHER interest income plus improved profit contribution from its associate has given a fillip to Kuala Kampar Tin Field's earnings at the interim stage. Unaudited pre-tax profit of the company for the first half year ended Sep 30, rose 22 per cent to M 51.44164 words
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Article264 1980-12-09 11 HARD times la the British ear industry have forced Dunlop to Mm Its workforce ia the tyre division by l^M. The move follows Dantop's recent redoctton nf the workforce In Its polymer engineering dlvlslsn In Leicester. This made 228 men reduadaat. Falling orders la264 words
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148 1980-12-09 11 SUNGEI BESI Mines Malaysia has reported a sharp drop in earnings for the first half-year ended Sep 30, 1960, in line with its gloomy forecast. At $6.73 million, pre-tax profit of the company was 34 per cent down from the previous $10.2 million.148 words
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Article428 1980-12-09 11 Date Last Fall Year Company Peried Announced Net EPS Gross Pre-tax last year (cents) Dlv. Profit PMRI <%> <$1W) I 20 11 30.4 20.0 5,546 PMC I 20/11 24.2 10.0 8,718 Chin Teck F 22/11 19.8 15.0 2,941* Msian Ctainers I 26/11 24.2 22.0 8,147 Berjaya Kawat I428 words
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Article663 1980-12-09 11 asragCL^ by HOCK LOCK SIEW WHILE being engrossed in their plans to reactivate the company, the directors of Kesang Tin appear to have overlooked the interests of minority shareholders an oversight which they still have time to rectify. Certain long time shareholders, upon reading theby HOCK LOCK SIEW - 663 words
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COMPANY BRIEFS
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Article31 1980-12-09 11 have approved an ordinary resolution to increase the company's authorised capital to $200 million by the creation of an additional 100 million ordinary shares of $1 each.31 words
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Article135 1980-12-09 11 has asked Island and Peninsular Development to furnish additional details on its Joint-venture with Hasmat Properties. The company has been requested to provide the names of the vendors of the newly-acquired 52 acre piece of land in Ipoh, to be developed into a residential estate.135 words
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Article64 1980-12-09 11 has received a cus- tomary query from the KLSE regarding its recently proposed rights and special issues. The KLSE has asked whether HLI expects a change in profitability for the year ending June 1981. The names of the underwriters, if any, are also to be provided.64 words
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Article50 1980-12-09 11 wholly-owned subsidiary of the Development Bank of Singapore, has increased its authorised capital from $10 million to $50 million. Its issued and paid-up capital was also increased to $2.8 million on Dec 4 through the issue and allotment of 800,000 shares of $1 at S5 each in cash.50 words
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Article38 1980-12-09 11 which re- cently suspended its calcium carbide production, has been asked to give the estimated period of suspension. The Kuala Lumpur Stock Exchange has also asked the company whether it expects the move to affect profitability.38 words
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Article52 1980-12-09 11 has asked Cycle and Carriage whether it expects any change in profitability for the year ending Sep 1981, following its proposed bonus issue of one-for-three. The SES has also asked whether the new shares arising from the bonus issue will rank pari passu with the52 words
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Page 11 Advertisements
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Advertisement283 1980-12-09 11 Sherpa Li versatile willing worker! It takes a very special company to produce such an extraordinary vehicle It took Leyland to produce the Sherpa the handsome, incredibly rugged, new generation commercial vehicle It's made tough. To take the tough life in its stride And with 5.38 cu. m (190 cu.283 words
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Advertisement124 1980-12-09 11 Car ownership has its problems. 'SZ'WEARNES doesn't! We offer as near to perfect a service as you'll ever get! Because the only cars we rent out form part of our franchise range. Which means that every car rented from us is treated as if it's your car. Regularly serviced, maintained124 words
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Article255 1980-12-09 12 UPI POLICE in New Delhi wielding bamboo canes yesterday beat back 400 Afghans who burned a photograph of visiting Soviet President Leonid Brezhnev and forced his heavily armoured motorcade into a sudden detour to avoid them. At least 6 people were injured in the policeUPI - 255 words
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280 1980-12-09 12 UPI POLAND'S Solidarity union is turning to open confrontation with the nation's Communist Party, Tass said yesterday, a challenge the Kremlin has repeatedly said it will not allow. In a dispatch from Warsaw, the Soviet news agency said "counter revolutionary groups, operatingUPI - 280 words
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Article88 1980-12-09 12 A US$55O million joint venture accord was signed in Jakarta on Saturday between the Sabah Forest Development Authority (Safoda) and the Indonesian government forestry corporation, Inhutani, to build the biggest wood industry complex in Indonesia. The 50-50 venture will set up an integrated wood processing industry at88 words
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Article, Illustration500 1980-12-09 12 UPI JAPAN IS widening its lead over other industrialised countries in the use of robots. One brokerage firm estimates 10,000 for Japan, 3,000 for the United States and 185 for Britain. Nissan, maker of Datsun, says that "96 per cent ofUPI - 500 words
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Article350 1980-12-09 12 MOTOR vehicle group Wearne Brothers has again recorded a set of uninspiring results following further erosion of margins and sales. Group pre-tax profit for the year ended Sep 30, 1980, fell sharply by 34 per cent to $16.79 million on a marginal drop in sales350 words
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Article128 1980-12-09 12 Reuter FOREIGN ownership of Japanese stocks rose 38.2 per cent in the first half (April-September) of fiscal 1980 to 6.44 billion shares from 4.66 billion in the preceding six months. A survey by the Japanese economic daily Nihon Keizai, covering 1,221 companies listed on Japan's eight stockReuter - 128 words
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Article789 1980-12-09 12 LONDON, Mon. Share prices were easier where changed in quiet trading with oils again a weak feature, dealers said. Government bonds opened around 1/8 point higher in quiet trading ahead of the UK banking figures due tomorrow, dealers said. Malinson Denny was a firm feature after news of789 words
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176 1980-12-09 12 MALAYSIAN Feedmills, through its wholly-owned subsidiary Ben (Johore), is acquiring a 46.7 per cent stake in Aw York Cheong Realty, a pig-breeding company. Announcing the purchase yesterday, Malaysian Feedmills said the purchase has been approved by the Foreign Investment Committee of Malaysia. The 210,001 shares176 words
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Article117 1980-12-09 12 AFP SOVIET officials yesterday were trying to find the giant West Siberian oil deposit reported by the Swedish organisation, Petrostudies. The organisation had said a 619,000 million ton deposit existed in West Siberia. It said this could be deduced from the scanning of Soviet publications. ButAFP - 117 words
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524 1980-12-09 12 Reuter SAUDI Arabia, the world's largest oil exporter, and the United Arab Emirates (UAE) will back a price freeze when the Organic, tion of Petroleum Exporting Countries (Opec) meets in Bali next week. Saudi oil minister Sheikh Yamani said: "We are moderate. We willReuter - 524 words
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Article204 1980-12-09 12 AFP FIVE thousand troops have been put on the alert in Jakarta with orders to shoot on sight those going on the rampage. These special security measures, taken in the Indonesian capital in the wake of almost a two-week long rioting last month in central andAFP - 204 words
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Page 12 Advertisements
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Advertisement310 1980-12-09 12 Disco Fever Outbreak A new malady has been reported by owners of discos. More dances, wilder dances and hotter music have caused many a disco's power bills to rise dramatically. Said one disco owner, "When 1 saw my power bill I started shaking like John Travolta." But then, a friendly310 words
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Advertisement252 1980-12-09 12 Leader...page C k A" >!K A /Tli *A >TK A >Tft A >1* A >TK 'A >I(i A >Tfc 'A' /T* A >Tfc 'A /IK 'A >Tfc 'A* > T|i ft iTji <ft >Tft A >T* A >Tft I SWATOW TEOCHEW RESTAURANT l,!{I => for your Company's Annual Party Stop252 words
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Page 12 Miscellaneous
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Miscellaneous67 1980-12-09 12 jWlEffPllEßl Outlook for Singapore from 6 a.m. to 1 p.m. today: Thundery showers in several places in the early morning. Report for 24 hours prior to 7.39 p.m. on December 8 at the airport. Maximum temperature 30.5 Associated humidity 73 Minimum temperature 23.6 Associated humidity 98 Hours of sunshine 4.3067 words
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SHIPPING TIMES
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Article652 1980-12-09 13 Skippiag Liae P*ge C«l Shipoiag Line P**e C*l Adriatic IV 5 ent IV 4 Afea VI 3 Evergreen IV 3 Afro-Eurasia VI 2 Fesco V 1/2 All trans VI 5 Flotta Lauro V 5 Aipac VI 5 Fortune VI 5 Angkutan VI 4 Franco-Belg m 4/5 ANL652 words
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607 1980-12-09 13 G DURAIRAJ - By G DURAIRAJ THE Malaysian government has gained the assistance of the London-based Inter-governmental Maritime Consultative Organisation (Imco) to help Malaysia overcome the acute shortage of qualified maritime personnel to various services. The international body for regulating technical standards in world maritime607 words
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PORTSIDES
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Article75 1980-12-09 13 AFP THE Indonesian flour company Bogasari has taken delivery of its fourth bulk wheat carrier from the Singaporean sellers in a ceremony in Jakarta. The ship, purchased at US$2l million from Pacific Carriers of Singapore, measures 33,747 deadweight tons and is now the biggest ship (outside tankers)AFP - 75 words
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Article48 1980-12-09 13 AFP WINDS reaching peaks of 200 kms per hour swept the French Mediterranean island of Corsica breaking a car-ferry's moorings in the port of Bastia last Saturday, port authorities said in Bastia. But the Corsica-Viva managed to get under way and regained its berth, authorities added.AFP - 48 words
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Article115 1980-12-09 13 Reuter A FREIGHT tender is being held on Dec 17 for shipping tonnage to carry between 420,000 and 500,000 tonnes of Australian wheat for Egypt, Khedivial Mail Line (Agency) Ltd, UK general agents for the state-owned Egyptian Company for Maritime Transport, said. The cargo isReuter - 115 words
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Article171 1980-12-09 13 Reuter NEGOTIATIONS may start soon on an Anglo-Chinese maritime agreement, General Council of British Shipping president Adrian Swire said. Mr Swire said that since the council delegation's visit to China in August further contacts have been made and suggestions that negotiations be resumed on a maritimeReuter - 171 words
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Article1028 1980-12-09 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL i NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the1,028 words
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Article1471 1980-12-09 14 MOST sectors of the freight market remained quiet on Friday, with interest mainly shown in time-charter business. This included a 16,000 tonner arranged by the Chinese from Porto Cabello to China via Cuba at US$B,3OO daily, and a 10,000 tonner which was booked from Singapore to Japan via1,471 words
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Article, Illustration257 1980-12-09 15 HOW are 350 cubic metres of vegetable oil or chemicals to be sent from Europe to Singapore when most services are containerised? In any case, not by 100 tank lorries, says Maersk Line. Since the beginning of its Europe/Far East service in 1968, the line, through its257 words
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167 1980-12-09 15 AFP MOUNTING trade between Japan and China is causing great congestion in the Panama Canal. Often as many as 100 vessels are waiting to pass through the waterway and delays of five or six days are far from rare. Many of the hold-ups areAFP - 167 words
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1449 1980-12-09 15 WE believe that changes are necessary and the union is more than willing to search for the best methods of running ships". A positive and progressive attitude towards the necessary rationalisation of the Dutch fleet has been taken by the Federation of Dutch Seafarers1,449 words
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Article385 1980-12-09 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Alioth (1400 after Kosho Maru shifts) 18 Bunga Setawar (0700) 45A Centaur (Passenger) (1400 after White Coral) 31/32 Equator (0700) 22 Frotamanila (after Queen Coral) 45 Hugheverett (1500 after Ragna Bakke sails Kota Buana hauls) 8/9 Jetpur City (1700 Subject free boar385 words
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2826 1980-12-09 19 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 of2,826 words
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311 1980-12-09 20 THE Dutch government had consulted the US and other western countries before deciding to sell submarines to Taiwan, and received no recommendation that the deal should not go ahead, Dutch officials said. In a note to the Dutch parliament Foreign Ministry secretary-general Frans311 words
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489 1980-12-09 20 MEXICO will realise its dream of restoring its landbridge between the Gulf of Mexico and the Pacific next spring when an all-contain-erised trans-isthmus multimodal system is opened by the country's President. Crossing the isthmus of Tehuantepec over a 182mile, north-south route between the ports of Coatzacoalcos489 words
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Article, Illustration306 1980-12-09 20 AVANOVA Corporation of Lucerne, Switzerland, has acquired all design and marketing rights to the trapezoidal hull form pioneered by Captain Bengt Tornqvist of Stockholm, Sweden. Already incorporated in the well-publicised Boroliner vessels, this patented hull design-principle provides increased ship stability, and permits the loading of two306 words
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Article205 1980-12-09 20 THE shipping services of the two public sector companies, The Shipping Corporation of India and Mogul Lines, is likely to be rationalised from April L A joint meeting between the two companies was understood to have been held to discuss the scheme. In future passenger205 words
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Page 13 Advertisements
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Advertisement345 1980-12-09 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS See Page V <Sf* .lAR DIN I AN I AM Orient Overseas CattlauteA Line FULLY CONTMNERBED Sport r*i QMM CONTWO 9W 11/1? 12/ s. jeas nhdge 2*o345 words
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Advertisement215 1980-12-09 13 SSEALORDU UASC UNITED ARAB SHIPPING CO (SAG) ii> 11 /ii .1 it Hi 'i U EXPRESS MULTI PURPOSE SERVICES FULLY CONTAINERISED SERVICE rrrsrr S'pofg I Loading for 10/12 AL WATTYAH 26/12 V.lO JEBEL ALI 9/1 V.12 3RO FLOOR. MARINA HOUSE, SINGAPORE 0207 TEL *****94 TELEX NO R*****9 CFS OFC PSA215 words
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Advertisement12 1980-12-09 13 rasa CONTAINER Schedules LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather12 words
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Advertisement863 1980-12-09 13 Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Feeder V—el jPort Kelang J Penang Vessel Singapore |Longbeach|New UULU) SWLED I MAERSK MANGO SAUD M PORT LAURA MAERSK* 16/12 4/1863 words
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Page 14 Advertisements
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Advertisement986 1980-12-09 14 MISC Afi MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Cwtaiwr S«mce To Europe feeder *P Kelang Vessel S pore 1) Mseilles 2) Rdam 3) Hburg 4) Gbui 8 PtNAGA Sailed986 words
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Advertisement303 1980-12-09 14 BBS SUPERCARRIER SERVICE BartwrlMSM WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA ft kria* Jkta IffTOK C"M Mam Saah Ctetoi Bmarf N Tart Bottan SI Wr N. Orl Hauttar NartM ISU S«M 1114/12 HO/12 27/1 2/2 5/2 6/2 8/2 10/2 12/2 13/2 20/2 23/2 28/2 BMBOI ICMSns *10/12 1718/12303 words
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Page 15 Advertisements
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Advertisement549 1980-12-09 15 Overseas Containers Limited Weekly service to/from UK/Europe OCL CONTUOSHT SERVICE TO UK/CONTftNT: Ox Hani Osaka by Boutin Fart Fkv D'cpee Lwerpeei Bar Hamtwg Eipress Kasuga Maru Largs Bay Kovrtoon Bay I- CONTAWERSHP SERVICE FROM UK/CONTRENT: F«1 Flm D ap** mmmt ttpmi Larp Bay SINGAPORE MANSfELD CONTAINER SHPPHG PTE LTD *****1549 words
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Advertisement399 1980-12-09 15 Franco Belgian Services (Fur East Frcnch Service icxth Belgian t'ar Eastern Lines) o> aCE CONSORTIu« Seatraln Pacific Services SINGAPORE ENQUIRIES ****** A CES 777*04 1 Terminal 270VA36 Optorg Shipping Pte. Ltd. Port Kelang 7001/2 P«t*ling Joys T***** P«nmg ***** m EL M A EMPRESA LINEAS MARITIMAS ARGENTINAS (ARGENTINE NATIONAL LINE)399 words
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Page 16 Advertisements
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Advertisement689 1980-12-09 16 Hapag-Lloyd TOJWTH EUROPE TO WMTH EUKOft/HMTOtMItA/ 19/1 6/2 4/2 1/2 M/l TO USA/CAMDA Feeder P Kelang S pore HK Fart Flew dtpee 11/12 Rh*i Eipresi 20/12 UvwpMl by 13/12 15/12 Kmm Eipreu 20/12 UmMm 20/12 21/12 MwelEiprtn 8/1 lam 21/12 "««Eipess 27/12 K*wga Maru 26/12 Haw Eipreu 11/1 Connect in689 words
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Advertisement526 1980-12-09 16 KOREA P. Ketan( PENANG VEGA 155W 29-31 Dec 25-29 Dec LINE SHIPPING CORPN STORE 1/4 ian 81 FROM BUSAN BANGKOK VEGA 156E 29-31 Dec 25-29 Dec 1/4 Jan 11 TO BUSAN ALTAR 159W 7-11/1 ALTAR 160E7 11/ l 12-15/1 16-19 lan tl FROM BUSA BANGKOK 12-15/1 16-19 Jan SI TO526 words
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Advertisement565 1980-12-09 16 ©EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTWG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM, ANTWERP, IE HAVRE ALSO ACCEPTMG CARGO FOR: UNTED KMGOOM SOOTISHmrLONOON. MANCHESTER. BIRMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY KHhneh HOLLAND mmm Spurt HMtat ReHmdeni F*l»w WNf It Hawe En> Laral If/12 1/1 1/1 11/1565 words
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Advertisement910 1980-12-09 16 Everett Lines! Burma Fivt Star Stiipp«ii| Corpn. "BURMESE NATIONAL LINE LOADM6 FOR RANGOON rpart PJatonl 27/31 Dk a/31 Ok S.C Agents n Mokjyvo BOUSTEAD TtL MOS KL *****2/*****9 CompMia Arfawtina Da Wavaaaciaa IntarcontioMtal S. A. C.I. F. 'ARGENTINE NATIONAL LINE" LOADM FOR DURBAN MONTEVDEO BUENOS AKES 27/21 lan |L-I TransportadonMaritimaMtxicanaS.910 words
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Advertisement678 1980-12-09 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE KARLANOER LINE AUSTRALIA SERVICE SYD. MEL. ADEL GOOM. AGENTS: SUB AGENTS P. KELANG PENANG ocean smppw t orowtss pie lid SMGAPORE TEL ******4/7 t *****70 K LUMPUI m 4*4(44. *****1 EAST ASM SHPPM IE *****2/3/7251 MALAYSIA IRAK I IMNSPORI TEL (7«J3 I678 words
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Page 17 Advertisements
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Advertisement637 1980-12-09 17 PIL GROUP EAST AFRICA/REDSEA SERVICE Singapore P.K*teog Pvnaog Loading (or Singapore P J(aiana Ponang Loading (or MOLEK 20/23 Doc Dwiilhwi, Momboaa. KOTA BCNAfI IS/20Doc Aqatoa Jaddah, Hodoidah. KOTAFAJAft 20/25 Doc Mukada KOTA TAHJONO 20/29 Dac Aaaab, Jaddah, Port KOTAJABA 20/29 Doc Adon. Hodoidah tiidan. Hodaidaft Jaddah. Aqaba COLOMBO/KARACHI/P. GULF SERVICE637 words
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Advertisement898 1980-12-09 17 rnr» BEN LINE CONTAINERS EXPRESS CONTAfO SERVICE TO/FROM EUROPE m burg bhaven roam S port P Mait(WGaraua,/ Antra Aahmp 11/11 4/1 1/1 2/1 Fart Rw D'^m Hwfcn [iprtu (ma Mm P«| fmh Ac* N/1 9m 4/1 12/12 11/12 19/12 21/12 27/12 21/12 VI VI IVI 12/1 VI VI VI VI898 words
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Advertisement850 1980-12-09 17 ill ,;;,n b 'V h Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE. w\ s m I« A i.j I PINACA SM mKO HOOMNPort Mm IDAKJA 12/1? I KMC* It/12 I QAHJA 24/12 POMfiA 2/1 10N4* J/1 1) OarcaMn. Genoa Ltfkon 2) kmttrtm Uw| Lc Howe Lirorpool. 111. Canary Mife 3)850 words
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Advertisement613 1980-12-09 17 BOUSTEAD SHIPPING AGENCIES DANK LINE FOR REUIfON I SOUTH AFRICA BEAVER BANK SINGAPORE S'wong 2 eto Reunion 22/12 Durban 1/1 Capetown 5/1 Pt Eli* 7/1 (also accepting East London and Maputo cargo) Lukes Linos U.S. WEST COAST SERVICE Overt from SfO Lbch BRMTON LYKES Sid Sid NANCY LYKES Sid Sid613 words
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Page 18 Advertisements
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Advertisement950 1980-12-09 18 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA OB FEEDER KSSEIS* n 9 MOTWR VESSELS TK LA SE NY Story Act 03N to Pari 13/12 Xatfu Mara 27/12 7/1 l*s Gate Bndft 27/12 $/l Kim Maui 27/12 2S/1 A *»m* 21/12 Am Man 9/1 22/1 »aw950 words
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Advertisement553 1980-12-09 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAMER/REEFER SERVICE Im*| tar l(B 4IKUS. MM FIMCBCO. ttATTLE. TACOtt. VMCOUVE* IX >ccmn Foyra MM> A*"! Smppoce I Anftks MMT 14/11 UD« 7 ii IWUtt" 27 DK a OK 23 In AUSTRALIA EXPRESS CONTAINER SERVICE lee*** FO/FCL CotMnh PKelaflf Sport Bn IMb MM M Fr553 words
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Advertisement537 1980-12-09 18 W oAt.l'OHi, SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCE AN BUILDING SINGAP<)M{ 01C4 MARKETING *****2 1 3 LINE SI GENERAL *****1 14 l( \H TERMINAL OFFICE *****83 TELEX RS24S% RS 25&68 A B CARSHIP CABLE CAHO J^hip 11, Mlfllllft iii Lav lte«|i»nal Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK537 words
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Advertisement624 1980-12-09 18 Lfi gra NARD line INDEPENDENT ATTRACTIVE RA TPS u MEDITERRANEAN SEA SERVICE ALSO ACCEPTISG COSTAISER CARGO FCL O\LY FOR PORT SAID. ALEXANDRIA, BEIRUT LATTAKIA. UMASSOL ISTANBUL PIRAEUS Specially engaged agents A stevedores providing immediate discharge MAM CHEONG V 41« MAM SMC VJM Cafctf Pert SaM, Beirut I Lattafcia onty ALL624 words
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Advertisement767 1980-12-09 18 r a INTRfISEfI (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11^*****57 REGULAR MDOOKNT SERVICE TO EUROPE NORASM M 897.. S'pere f. Keiaaf Penani Inftit fir 22 Dec 25 Doc BOULO9E/RDAM UK(AVON) Aiwb: S«*apere MTRASEA (TIE) LTD 2352C11 BOOKMG *****57 I. Lianpur YEO SNTfMC 4 TXAOM6 *****4 *****2.767 words
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Page 19 Advertisements
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Advertisement626 1980-12-09 19 TO EUROPE/UK (VIA SUEZV. C. CONTAKER 9W SS BRDGE 29* N. GARNET 3W K CHANCE IN C. PAUL 25W K. JACEJM 8N TW BRDGE 4N •Containers feedered to/from F'stowe Also accepting cargo to/from Scandinavia +C. CONTAWER S'pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ): 0600 10/12 1800626 words
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Advertisement192 1980-12-09 19 SANKO ASIA LINK LOADING FOR OSAKA. NAGOYA. YOKOHAMA Sinppore 13/15 Dec P. Krfanc 16/11 Dec Agents: C.F. SHARP CO., (M) PTE. LTD. S pore Tel: *****22, P. Kelang Tel. *****9/*****4. UNISON SHIPPING (PTE) LTD W 4th Fir Hon| Gum DwMwf 64 Rotmson Road. Smppore 0104 Tel *****39. *****67 ETA ETD192 words
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Page 20 Advertisements
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Advertisement316 1980-12-09 20 MALDIVE LINES ETA KUANTAN ETA PORT KELANG MALDIVE MDUSTRY Sailed Loading for Chittagong/Madras MALDIVE PEACE 12/12 Loading for Dubai/Kuwait MALDIVE MAGE 18/12 Loading For Jeddah/Djibouti MALDIVE LOYALTY 25/12 Loading for Hodeidah MALDIVE SEAFARER 30/12 Loading for Jeddah MALDIVE PIONEER 30/12 Loading For ieddah FOR BOOKMGS I ENQUWES PLEASE CONTACT: SMGAPORE316 words
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Advertisement265 1980-12-09 20 GLOBE LINE LTD Weekly sinncc to Iblt, lUdhri Miraft vis Cdonbo Refrigerated Space 10 ft. Containers 10 tons H/L General Cargo Shipment arranged on through B»H of Lading Singapore/Mate SCAN-SHIPPING PTE. LTD. Suite 1103-8 Utfc Floor Marina Hmm. Station Nay Singapore 0207 Phone: *****44 HfCim n Uwiiki tenon mippsif unes265 words
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Advertisement199 1980-12-09 20 NOTAS LINE Regular Express Service TO MIDDLE EAST MV PORTS SPOtt PKLAMG PtNANG lONIAN SKY Dubai, Bahrain 12/12 Dammam A VESSEL Abu Dhabi, Dubai. Bahrain. Dammam 5/1/tl 11/1/S1 12/1/S1 Agents SW NOTAS PTf UD Til .'*****4 •> l.nesi 111 RS 3336/ f* MAHMOOO AM6A* SONS SDN but Ml 38>613 Tl«199 words
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Advertisement339 1980-12-09 20 BLUE STAR LINE T NEW ZEALAND FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND, WELLINGTON, CHRISTCHURCH SH» SAIS SPOtt NEW PIVMOUTH PT CHAIMERS AUSTRALIA SIM 1 MN 13 JAN 15 ton HW 2EALAM) STAR 21 JAN «FEB AUSTRALIA STAR 22 FEB MAR 6 MAR SPOKE339 words
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Advertisement235 1980-12-09 20 KDVAVAI AIU I Al ITAfcJ RID I I CTMU RUH 1 PERKAPALAN LAUT AN BIRU SDN. BHD. P O Box 220. KoU Kmabalu Sabah REGULAR UNER SfRVKI Sabah Sarawak Bangkok Singapore Port kelang Vessels S pore Penang P.Klang Loading for LAUTAN RAM ¥-8/80 4Dt( KK/Sandakan (sub inducement) LAUTAN ENAM 4235 words
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Page 20 Miscellaneous
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Miscellaneous161 1980-12-09 20 Regional Weather Va fjZ M A < </ a h\ SS I [is 4v^ o z 5 ♦2 P? IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING LEGEND: R Thunderstorm Temperature °C A Sv j j t u Weather °c Shower Weather Wind direction with speeain Knots161 words
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