The Business Times, 10 December 1980
1980-12-10
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The Business Times
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Title Section11 1980-12-10 1 BUSINESS TIMES M.C.(P) No. 111/l/M WEDNESDAY, DECEMBER 11, It» 50 CENTS11 words
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BRIEFLY...
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Article68 1980-12-10 1 KUALA LUMPUR, Tues. The state oil corporation Petronas plans to set up several petroleumbased industries under the Fourth Malaysia Plan, parliament was told today. The projects include a liquefied natural gas plant, a urea factory, two oil refineries and a liquefied petroleum gas establishment. Deputy Minister in the68 words
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Article100 1980-12-10 1 Reuter PARIS, Tues. Major oil consuming countries intend to more than double their use of stocks between January and March next year to curb demand for imported oil and so try to keep prices down, sources at a ministerial conference of the International Energy Agency (lEA) saidReuter - 100 words
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Article76 1980-12-10 1 MANILA, Tues. The state-owned National Power Corporation has no plans yet to borrow funds from the Euromarket to help finance its nuclear power plant because it still has enough to last until 1962, a spokesman said today. Corporation treasurer Arturo Xavier said the recent approval by creditors76 words
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Article74 1980-12-10 1 TEL AVIV, Tues. Israeli troops dispersed a crowd of rock-throwing Palestinian students near a high school in the occupied West Bank town of Ramallah today and detained three foreign television crews to stop them from filming the disturbance. It was the fourth straight day of student outbursts to74 words
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Article61 1980-12-10 1 JAKARTA, Tues. Leading members of the Indonesian parliament today urged Japanese Prime Minister Zenko Suzuki to rid his nation of its image as "an economic animal" in dealing with countries in South-east Asia. Japan must also pay more attention to fostering relations with "non-establishment groups" in Asean countries61 words
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Article65 1980-12-10 1 NEW YORK, Tues. Former Beatle John Lennon was shot to death on Monday night by a smirking young man who had apparently been stalking him for days and had asked for Lennon's autograph a few hours earlier, police said. The suspect was identified early today as Mark65 words
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Article63 1980-12-10 1 Reuter WELLINGTON, Tues. New Zealand's Deputy Prime Minister and Minister for Foreign Affairs, Brian Talboys, tonight announced he would not be seeking re-election to parliament next year. Mr Talboys, 59, has been a member of parliament since 1957 and a cabinet minister for 16 years. It isReuter - 63 words
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Article137 1980-12-10 1 Falls Goodwood Park 1300 -50 Miia Rice 520 -40 Berjuntai 1420 -30 Pfgi Msia 1340 -30 P M R I 750 -30 G I Hldgs 655 -30 C C 525 -25 M Banking 1530 -20 Sel Properties 1530 -20 PMC 1220 -20 Public Bank 700 -20 Rises137 words
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Article, Illustration146 1980-12-10 1 Falls Kramat Tin 565 -55 S Trading 1320 -50 Tronoh 1960 -50 C Sugars 1020 -40 PMC 1260 -30 M Rice 550 -20 Kg Lanjut 740 -20 Syn Resins 790 -20 Rises Bedford 720 100 U M Flour 392 32 M Textile 285 29 Malakoff 480 22 Pac146 words
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Article690 1980-12-10 1 MARGARET THOMAS - REPORT EARLY NEXT YEAR By MARGARET THOMAS THE GOVERNMENT, already in the midst of reviewing the copyright law, will also cast its eye over the patent and trademark laws in an all-encompass-ing effort to bring up to date the protection of copyright and industrial property rights690 words
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Article285 1980-12-10 1 GOLD declined for the third successive day on world bullion markets yesterday to U*****.50 an ounce in what dealers see as a testing period that could determine the metal's value in 1961. The price of gold hit $721 at the start of the285 words
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466 1980-12-10 1 HSUNG BEE HWA - By HSUNG BEE HWA MACHPRO Pte Ltd is likely to become the first local company to receive pioneer status for the manufacture of computer numerical controlled (CNC) machine tools for the metalworidng industry. An official from the Economic Development Board yesterday confirmed that the466 words
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Article334 1980-12-10 1 DURING the third quarter of 1960, a total of 171 new projects estimated to cost $478.8 million were approved by the Building Control Dividsion of the Public Works Department. This was an increase of 54 projects compared with last year's 117 projects costing 1168.7 million for the334 words
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273 1980-12-10 1 IN A move to eitcai Its lavaiveamt la kitchen apptlaaces Pu Electric Mutriw yesterday announced It tow agreed to parehase a majer stake la a toeai maaafactarer of kitchen fandtare aad fltttags. Uader toe agreemeat, Pan-El will acq aire 112,1» ordinary shares273 words
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473 1980-12-10 1 MANO SABNANI - By MANO SABNANI City Editor THE two listed companies in the Times Organisation yesterday announced their best-ever results for the financial year ended August 31, 1960. And in line with the excellent performance, shareholders of both Times Publishing and The Straits Times Press473 words
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Page 1 Advertisements
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Advertisement10 1980-12-10 1 VSY\X"sV "ngN&yoßf. business FOR PEOPLE WHO MATTER Times Periodicals Pubicatioo10 words
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Advertisement47 1980-12-10 1 Blue Diamond Shipping Far East Europe Service Accepting FCL container to the following inland destinations:— FRANKFURT NUERNBERG MUNICH INGOLSTADT LUDWIGSBURG MANNHEIM KARLSRUHE SINGEN BASEL CHIASSO ZURICH/EMBRACH VIENNA LINZ NORTH ITALY For Bookings and Enquiries *****11/*****21 Transgroup Pte. Ltd. 801, World Trade Centre, 1, Maritime Square, Singapore 0409.47 words
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Advertisement74 1980-12-10 1 miss SHIPPING TIMES TEOW HUNG la jelat venture U8 copyright laws to protect tor veaetiaa blinds 3 empiter programmers MALAYSIA, ladeaesia eaaeera- CHINA cmuMertag tier fared ever falling tin prien n S dp exekaage system 11 ARAB maaey peariag lata APMC expects to g« lata tke Tokys stock market 874 words
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Advertisement0 1980-12-10 1 ^.?%!;+&<>&=^*},)/|%@;,&:`+*.@.0 words
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Advertisement71 1980-12-10 1 V Internationally recognised as trend- setters. The reduction copier built on forward engineering. The Ricoh DTIBOOR •Clear, crisp copies, even half-tones. RICOH Ths world's #1 copier. Success unduplicated! and storage space! For more information call *****5 y Wywy Private Limited Wywy Houm. 17. Lang Km Road. Singapore 031 S. Tat:71 words
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TRADE AND INDUSTRY 1
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Article, Illustration473 1980-12-10 2 SIOW LI SEN - By SIOW LI SEN FESTO, a German company manufacturing pneumatic components, has set up a plant and industrial training facilities in Jurong. Believed to be one of the first pneumatic manufacturers in Singapore, Festo has invested up to SI million in the flatted473 words
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Article283 1980-12-10 2 ABOUT 10 companies and statutory boards in Singapore are discussing with the Singapore Institute of Management (SIM) on conducting in-house Louis A.Allen (LAA) management programmes, said Mr Clive Pack, managing principal of LAA Associates, Australasian region. He said the SIM and LAA signed an agreement in283 words
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Article164 1980-12-10 2 SINGAPORE'S high manufacturing standards of metal, plastic and electronic components have attracted yet another team from Singer Company to visit the Republic. Three engineers from New York are here seeking supplies of components for a new line of Singer sewing machines, namely precision metal products in164 words
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Article, Illustration498 1980-12-10 2 COLD Storage has announced the appointments of Mr Robert Barton and Mr Brlaa Glassock to the board of Cold Storage Holdings effective this Dec L Mr Barton is now a director on the board of Cold Storage Holdings while Mr Glassock is group finance director. Mr Barton498 words
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Article, Illustration153 1980-12-10 3 POLAROID has introduced its Polaprinter which can Produce hard copy prints from 35 mm slides in less than 60 seconds. Prints may be in colour or black and white. The machine does away with all the traditional complicated steps in copying: focus is fixed and exposure control and153 words
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Article230 1980-12-10 3 SEMINARS AND COURSES Jan 12-17: Asian Association of Management Organisations Course Leaders' Course, Hotel Equatorial, Singapore Institute of Management Jan 13-15: Computer Controls, Price Waterhouse Associates Jan 15-17: Planning Better Office Layouts, SIM Conference Room (3rd floor, Thong Teck Building), Singapore Institute of Management Jan 19-21: Systematic Handling230 words
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Article173 1980-12-10 3 THE recruitment and development of qualified people is the biggest challenge facing the materials business, said Mr E. C. Goldman, general manager of the Shell group materials division. Speaking in an interview with Berita Shell, the house magazine for the Shell group of companies, he said:173 words
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Article, Illustration297 1980-12-10 3 LILLIAN CHEW - By LILLIAN CHEW SALES of machinery at MachineAsia/MetalAsia 80 for the first two days totalled $3.7 million. The figure was derived from sales reported by exhibitors. The organiser, however, believes that the actual figures exceed what has been reported because some297 words
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Article294 1980-12-10 3 A LEADING local umbrella manufacturer, Teow Hong, has recently diversified into the vertical blind business. The company has entered into a joint venture with one of Europe's largest vertical blind manufacturers, Berthold Haller KG of West Germany. The Singapore company, Haller (Far East), holds the294 words
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Article286 1980-12-10 3 a NEW raw material that can increase productivity by up to 50 per cent without raising costs is being offered to plastics manufacturers in Asia by Du Pont Company. Zytel 103F-HS is a heat stabilised nylon resin especially suitable for small plastic parts that are difficult to mould.286 words
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Page 2 Advertisements
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Advertisement181 1980-12-10 2 L« iM Ctkm '<*■ •mp" i >f- i >J U-BIX V3R copies same size and also reduces.... from large originals up to A3 size. Reduced-size copies means more convenient filing. Also you save on mailing costs. Document handling is made easy with U-BIX V3R s semi-automatic document feeder. And copies181 words
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Advertisement25 1980-12-10 2 NO u*J DOMKCQ VERY PA I f DRY FINO SHERRY Sfßvi < LOID p «OOuCt r> BY Pf Df*i; Vf CO s* Jt** '•>' f FCA'JW ■Atvia25 words
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Page 3 Advertisements
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Advertisement80 1980-12-10 3 Tworooimofautxmditioning for the price of one. Carrier introduces the new Twin System Console. It's uniquely designed to distribute cool air to two rooms at once. But should you require airconditioning in one room only, ydti can switch off the air supply in the other. Recommended price: from $1980 (excluding installation).80 words
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Advertisement235 1980-12-10 3 *>■ 02 factoring" has j\* Increase. wy business turnover ao<i improve floiAl tfgg >V s? mw Give us your invoices and we give jrou instant cash Whether big or small your company can grow with us. Factoring turns your debts into cash immediately thereby ensuring a steady flow of funds235 words
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RAW MATERIALS
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Article176 1980-12-10 4 CHINESE Pradnce Exchange, Singapore, noon closing prices per IMkg yesterday: CM*nt *U: Bulk fob $140.00 sellers, old drum (in second hand drum) fob $152.00 sellers, new drum fob $160 00 sellers. Capra: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $415.00 sellers, Sarawak white pepper176 words
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Article324 1980-12-10 4 SINGAPORE: Yesterday's closing prices in S$ 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 0.73.324 words
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Article594 1980-12-10 4 COFFEE: Robusta futures yesterday closed quiet morning trading steady at £4 up to £6a tonne down from Monday with March, May and July positions about unchanged. Turnover was 323 lots including 11 options. SUGAR: Raw sugar futures ended the first call mainly £10.10 to £8 a tonne higher594 words
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Article125 1980-12-10 4 THE Malaysian palm oil market yesterday ruled firmer on continued nearby covering despite Pakistan rejecting offers, dealers said. Trading was active with December in the Central region gaining M 512.50 to $982.50 a tonne while the Northern and Southern regions were traded at the same level. January and125 words
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Article192 1980-12-10 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) C«ttM yam: China Blue Phoenix 20s 1.996; 32s 2,720. 40s 2.940 (per bale of 400 lbs). Piece geeds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article208 1980-12-10 4 CHICAGO soybean futures on Monday closed on new day's lows, down 24 US cents a bushel in old crop contracts, to half a cent lower in new crop. Aggressive local liquidation met a general lack of buying interest which dropped all positions to the minus side. Sell-stops were touched208 words
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Article154 1980-12-10 4 WHEAT futures in Chicago on Monday closed on new day's lows, down 9 3 to 12 US cents a bushel in revived trade. Active local liquidation touched off sell-stops at Friday's lows which dropped prices for further losses. Spread buying of corn and soybeans against wheat held prices on154 words
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Article419 1980-12-10 4 OPENING prices on the Singapore rubber market yesterday were marked down slightly on lower London advices. The market later fell further on lack of buying support. dealers said. Values recovered slightly however towards the close on selective buying interest. The morning session closed slightly lower with January One RSS419 words
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Article354 1980-12-10 4 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt [.o.b. 295 00 296. OON 293.50 294JON Int. 1 R.S.S. January 301 00 301.50 299 25 299 75 Int. 1 R.S.S. February 306 75 307 25 305354 words
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Article120 1980-12-10 4 NOON SSR u id SMR prices yesterday RAS Jaauary February (Current Mth) (Forward Mth) SSR 20 Buyer* Seller* Buyers Sellers (1 ton pallet! 245 SO 246 SOS 247 00 249.00N SSR SO (1 U m pallet) 241.50 242.SOS 243 00 245 OON MRELB SMR CV Ilk xi120 words
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Article39 1980-12-10 4 Rubber: Dec 9 Singapore: January: 299.25 cents (down 4.75 cents) Malaysia: January: 311.00 cents (down 2.50 cents) Tin: M$ 1,882 (up $1) (equivalent to $31.12 per kilo) (up 2 cents) Official offering: 195V4 tonnes (up 25Vi tonnes)39 words
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Article62 1980-12-10 4 THE STRAITS tin price in Penang yesterday rose Msl to $1,882 a picul (equivalent to $31.12 a Idlo), still $2(3 ringgit below the International Tin Agreement ceiling. The decline was cheeked by renewed buying support from Japan, Europe and locally despite higher turnover of ItSVfe tonnes from Monday's62 words
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ASIAN STOCKS
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Article537 1980-12-10 4 TOKYO SHARE prices yesterday closed lower led by blue chips, high-priced issues and large capitals in line with the sharp overnight fall on Wall Street, dealers said. The market average shed 10.03 points to 7,115.10 with volume 280 million shares. The Tokyo Stock Exchange index ended at537 words
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Article386 1980-12-10 4 TRADING volume continued to drop yesterday as the market seemed to have found a trading range. Speculators accounted for most of the intra-day movements as the continuing high interest rates deterred any heavy institutional buying at these levels. The market opened weak on low volume but rallied quickly. The386 words
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Article301 1980-12-10 4 THE STOCK market yesterday fell sharply amid concern over the direction of US and local interest rates and reports of moves to freeze Opec oil prices, dealers said. BHP, Australia's biggest oil producer, dropped 60 cents to A 515.65 after reports that Saudi Arabia and the United Arab Emirates301 words
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Article131 1980-12-10 4 THE STOCK market was mixed yesterday as minings firmed while commercials, industrials and oils eased. Turnover rose more than doubled to 5.4 million pesos, dealers said. UFA* 99 Pesos Acojf Mining 007 unch Atlas Con A Mhi < in B 31 75 unrh Baguio Ciold »IU54 unch Bencun Con131 words
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Article54 1980-12-10 4 FINANCIAL TIMES INDUSTRIALS Monday 469.2 Friday 470 2 Week Ago 493.3 DOW JONES AVERAGE INDUSTRIALS Monday 933 70 Friday 956.23 Week Ago 969 45 H.K.HANG SENG Tuesday 1386.06 Monday 1398.51 Week Ago 1361.39 SYDNEY INDUSTRIALS Tuesday 746.90 Monday 755.21 Week Ago 770.01 ALL ORDINARIES Tuesday 976 82 Monday54 words
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Page 4 Advertisements
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Advertisement178 1980-12-10 4 Once upon a time there was a small international airline, with a small fleet of aircraft, flying to a small number of destinations. But what it lacked in size it made up for in service. So much so, that today its fleet of aircraft has grown to include 747'5, DCIO178 words
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REGIONAL
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343 1980-12-10 5 UPI PHILIPPINE Defence Underaecretary Carmelo Barbero aald yaaterday he bellevea martial law will be lifted before Pope John Paul n visits Manila in February. Mr Barbero pointed out that President Perdinand Marcoa had repeatedly aald he would conaider lifting martial lawUPI - 343 words
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273 1980-12-10 5 Reuter JAPANESE car companlaa wara told yaatarday that tha outlook for aalaa In Britain naxt year la gloomy aa tha Brltlah car lnduatry «ought contlnuad raatralnt on Japanaaa car axporta, Informed •ourc«« aald in Tokyo. Brltlah lnduatry offlclala ended two daya of clooeddoorReuter - 273 words
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292 1980-12-10 5 AFP MALAYSIAN inveatora are to aet up a palm oU refinery in Bangladaah on a jointventure baala, the Bangladaah ambaaaador to Malaysia, Major General KM Saflullah, aaid in Kuala Lumpur yaaterday. He aaid a Malayalan team la already InAFP - 292 words
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642 1980-12-10 5 AFP MALAYSIA yeeterday exprMMd deep concern over the steep decline la tin prlcM lately in the Penang and world markets. The prict drop wu partly dua to tha US Congrsssional movt to ralaaaa tha General Service Admlnstratlon (08A) itockpUa and alao dua to eomeAFP - 642 words
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372 1980-12-10 5 AFP UPI SOVIET Preeldent Leonid Brtxhnev yeaterday hinted at the poaalbUity of extending greater cooperation to India In lta defence requiremanta. Ha aald tha Sovlat Union regarded atrengthenlng of India'a dafanca u a vary tmporunt flald" In tha ralationa batwaan tha twoAFP; UPI - 372 words
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Article115 1980-12-10 5 ATP THE Malaysian government is reviewing the Companies Act to give more power to the Registrar of Companies and accelerate economic growth. Deputy Prime Minister Dr Mahathir Mohamed said In Kuala Lumpur on Monday that the draft proposals on the amendments to the Act haveATP - 115 words
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Article285 1980-12-10 5 Reuter CHINA cannot afford to Inport expensive foreign technology and should conoentratt inattad on loai sophisticated oqulpmant which it can produoe Itsslf, tho people's Dally mid on Monday. Tho communist party newspaper aald buying advanood oqulpmant (ran abroad caused a graat ■train on China's limited for*Reuter - 285 words
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Page 5 Advertisements
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Advertisement431 1980-12-10 5 An opportunity to Invest In it, l r A Mmow 2000 M n nomnM on KMwoo. Extcutlva_homa®, 30 mlnutti from downtown Ptrth from A 574,200 In prim# btach-front location on North Short Kalltroo. MSSSSSSW 1 giving capital growth of 20%-25%. available from A 122.000. Full resident olub facilities with: 4431 words
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Advertisement0 1980-12-10 5 $(|).&%.,^_%(@_"-)@<'^!=&)@{{>=0 words
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OVERSEAS
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Article353 1980-12-10 6 AFP IT IS ever more illusory to believe that Nato's air forces are superior to those of the Warsaw Pact countries, Jane's All The World's Aircraft says in its 1960 1961 edition. John Taylor, the editor of the book which reviews the world's aeronautical production,AFP - 353 words
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265 1980-12-10 6 UPI STUNNED by its overwhelming defeat in the presidential elections, Portugal's center-right government resigned after warning President Eanes not to exceed his powers. Acting premier, Foreign Minister Diogo "Freitas Amaral, announced the government's decision. He warned the president, who was re-elected for a secondUPI - 265 words
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776 1980-12-10 6 NYT THE Chrysler Corp told the US government on Monday that it must have an additional US$35O million of federal loan guarantees within the next 30 days if it is to keep operating. The three-member Chrysler loan guarantee board reacted cooly during a twohourNYT - 776 words
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Article84 1980-12-10 6 AFP THE Ford Motor Company has borrowed US$725 million in the last two weeks, it announced in Detroit on Monday. Ford said that most of the sum was to repay loans granted by its two subsidiaries in Britain and West Germany. Each subsidiary lent $500AFP - 84 words
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Article306 1980-12-10 6 Reuter POLISH officials have taken the rare step of denying a Soviet news agency report which suggested the Warsaw leadership faced a growing threat from counter-revolu-tionaries. A Tass dispatch said anti-government groups within the Solidarity free trade union were moving towards open confrontation with local communist organisationsReuter - 306 words
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338 1980-12-10 6 Reuter NO significant fall in Britain's inflation rate, which in October was running at 15.4 per cent, is expected before the end of the year. Financial analysts said the underlying rate on a six month annualised basis is now in single figuresReuter - 338 words
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Article666 1980-12-10 6 arrivals Service Local Operator Number Time From PAA PA005 0030 JFK/SPO/HKG TMA TL375 0530 BEYSHJKUL MAS MH601 0630 KUL SIA SQ580 0710 MAA MAS MH605 0830 KUL MAS MH621 0835 PEN SIA SQ101 0615 KUL RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ211 1000 HLP666 words
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676 1980-12-10 7 NYT PRESIDENT-ELECT Ronald Reagan wants Mr Malcolm Baldrlge Jr, a Connecticut Industrialist, as his secretary of commerce. But be has apparently not settled on his choice for Treasury secretary. Mr Reagan's associates said Mr Baldrlge, 58-year-old chairman of the Scovlll Manufacturing Company, would haveNYT - 676 words
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Article215 1980-12-10 7 AFP OPPOSITION British Labour Party leader Michael Foot today unveiled the party's shadow cabinet, with rlghtwingers or moderates being named to seven of the twelve main posts. The cabinet make-up reflected Mr Foot's determination to maintain party unity following decisive leftwing victories at the Labour conference inAFP - 215 words
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Article235 1980-12-10 7 AFP AFGHAN President Babrak Karmal on Monday said "the limited contingent of Soviet troops currently in Afghanistan will leave the country" but did not specify when, according to Kabul radio monitored in Islamabad. He made the statement at the Delkosha Palace in Kabul to aAFP - 235 words
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144 1980-12-10 7 AFP VENEZUELAN Oil Minister Humberto Calderon Berti said on Monday that the 13 members of the Organisation of Petroleum Exporting Countries (Opec) must primarily seek to avoid confrontation during their conference on Bali, Indonesia, next week. "Our main goal must be to bold aAFP - 144 words
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184 1980-12-10 7 AP A HIGH-RANKING US Treasury official has warned that the United States and Europe's industrial nations face a crossroads that could lead to an "export credit war". Assistant Treasury Secretary Fred Bergsten said the European Community must agree to limit government subsidiesAP - 184 words
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Article269 1980-12-10 7 UPI SAUDI Arabia has paid Syria USJSOO million in return (or a pledge to gradually withdraw its troops from the Jordanian border, Cairo newspapers said yesterday. The newspapers A 1 Gombouris and A 1 Akhbar said President Assad of Syria agreed to defuse the border crisisUPI - 269 words
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Page 6 Advertisements
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Advertisement266 1980-12-10 6 TRAVEL SERVICE!! > HOLIDAY LA-FLEUR TRAVEL S.T.P.B T/A267 Tel: *****51 -*****11 Holiday Inn Hotel. Suite 4. 4th Floor Scotts Road, Singapore 0922 BUSINESSMEN!!! TRAVEL ECONOMICALLY WORLDWIDE ALSO CAR TRANSFER AVAILABLE Pure exhilaration. Saab 900 Turbo. From the moment you settle behind the wheel of the Saab 900 Turbo, you know266 words
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Page 7 Advertisements
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Advertisement53 1980-12-10 7 k,Jr. 'i <V Wa > A 7«M J t we J f< /m //r 4 W*t4 ■m >^5 r A f 'fff ft m. w To: The Exclusive Distributor FULET SINGAPORE PTE LTD 32, Upper Serangoon Road Singapore 1334. Please send me NAD 3020 Press Reports NAD Technical Story NAD53 words
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Advertisement276 1980-12-10 7 mi':'r, true v;jIik;:; t m I PEE I -TIJ •PrFeil I?*' Vv fc t -■>' U V '£v^ m•• a m. m m nf* w •<•• A tol 1 .iu.. r r fiv 1 i j cjAM*r IM H X I I !<» > GOOD ENGINEERS AREN'T HARD TO FIND.276 words
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Article287 1980-12-10 8 MANAGEMENT systems and styles are as varied as the personalities who run companies and organisations. In the local context, the influence of age-old styles practised during colonial days by the British and the traditional Chinese businessman still prevails, but this is slowly but surely giving way287 words
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366 1980-12-10 8 THERE IS a Chinese saying that a child should not try to run before he has learned to walk. It makes eminent sense. And it is the same message that is being put forward by the People's Daily in its call to phase down China's366 words
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Article, Illustration1365 1980-12-10 8 RICHARD HANSON - It is not a case of a market attracting money so much as a lot of surplus money seeking a market. RICHARD HANSON explains why Japan is enjoying a massive inflow of foreign funds, particularly Arab money. RICHARD HANSON FT WHEN TWO Arab sheiks in fullFT - 1,365 words
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558 1980-12-10 8 ROBERT ZAUSNER - FOBUMi with I ROBERT ZAUSNER UPI AS FOREIGN trade and worldwide competition increases, US companies are rediscovering an old way to save money without leaving the country. Their answer: foreign trade zones. Such zones allow deferment and elimination of tariff payments. From HawaiiUPI - 558 words
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Page 8 Advertisements
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Advertisement99 1980-12-10 8 1 Higher rates of interest for your deposits at Chase Manhattan Bank Please call any of our Branches for further details. 1 month 121/; oz, na (Minimum S$10,000) ®mh/4 /O r*®' 2/3 months* 12 %%pl 6 months* 11% p a. 9 months 10 1 /2 °/o pa. 12 months* 1099 words
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Page 8 Miscellaneous
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Miscellaneous1394 1980-12-10 8 The invention of printing NOWADAYS, «e tead fo take Buy tklags for graated. Take prtatUg f #r staeee W Priatlag mi fo x ttles, sr tke prlated wsrd. 1W Srigißal pneea «M la. verted la tke 15th ceatary by a gsidsmlth. programme gses ea the alr atU.ll. mined James Orchestra1,394 words
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Article800 1980-12-10 9 PAUL LEWIS - By PAUL LEWIS NYT TjHE INVASION of Luxembourg by foreign bafikers is ending. For the last decade or foreign bankers from West Germany, Scandinavia, Switzerland and the United Spates have been scurrying to nail their nafiieplate to office doors in the capital of tfcis tiny country squeezedNYT - 800 words
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Article886 1980-12-10 9 ANGEL CASTILLO - PROTECTION FOR U.S. COMPUTER INDUSTRY Imagine the frustrations of those working in the computer industry whose laboriously written programmes get pirated by unscrupulous competitors. But computer programmers in the US need despair no more as their government has decided to give statutory protection for computer software. ANGEL CASTILLONYT - 886 words
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Article1031 1980-12-10 9 STEWART FLEMING - By STEWART FLEMING FT "THOSE who run this bank, as much as they are professional bankers, are political animals; and we probably admit that more openly than our competitors Yt is not a rule that every member of the board of .managers has to be a memberFT - 1,031 words
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Page 9 Advertisements
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Advertisement87 1980-12-10 9 CHINA With substantial orders from the Official Government Purchasing Agency of the Peoples Republic of China for Bicycles Engmes, a Singapore company is looking for additional capital to take over kcencng rights of European manufoctuer of these engines For more informations call *****85 AUTHORS WANTED BY N.Y. PUBLISHER le*)in| subsidv87 words
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Advertisement213 1980-12-10 9 a Congratulations to The Office of the Representative CYAN A MID <7 CYAN AMID (FAR EAST) LTD. on the opening of the SINGAPORE OFFICE from a u ALAN PREMIER PRODUCTS PTE. LTD. Distributor for Cyanamid CYALUME Chemical Lightsticks in Singapore/Malaysia Trademark o* American Cyanamid Company Congratulations to The Office of213 words
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INTERNATIONAL STOCKS
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Article1377 1980-12-10 10 NEW YORK UNSETTLING international event* and high Interact rate» combined to send New York stock prices on Monday broadly and sharply lower In heavy trading. Analysts said tensions between the Soviet Union and Poland raised concerns about East-West relations. They also said the recent surge in Interest rates,1,377 words
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Article219 1980-12-10 10 DIC OS Ct A (MUM Alean Algoma Bank Mont Bank Nor* Scout Bell TW B«Ui Corp BP Can Ltd B rue in Camp RM Lake Can Imp Bk Can per Canpae In* Pr Carting O'Kteft Cominco Con« Bath Conk Marbcnor Danko* Daniaon Dom 8lorn 24". 41 tlh a w»219 words
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Article294 1980-12-10 10 OK 01 FUnd INDUSTRIALS A Alpha «2&B Atxrcom AX And CI A MIC MO m ■urn. -10 •10 Btrlowt 1100 -10 Cum* rinincc n sis BO unch unch Dt B*«n Ind Edcon H 678 Edf&ri MM unc EvtrMdy red Volk j]0 unch rufit MO Otrdl&n Qtentnl Ortttmn 1070 IS294 words
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Page 10 Advertisements
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Advertisement261 1980-12-10 10 Where to wine, dine and entertain For quick economical lunches Dolphin Cafeteria World Trade Centre ~"3 m l '4i w r f* Local and Western self-service lunches Open daily f 10.30 a.m. to 3.00 p.m. (I Restaurant Lounge 10.30 a.m. to 10.00 p.m. DOLPHIN CAFETERIA Apollo Enterprises Ltd 119, Ist261 words
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Advertisement200 1980-12-10 10 8m Pag* 4 for Asian stocks and Pag* 11 for European markatds ST K. hor banquets. For conventions. For other functions of flawless finesse. Functions for up to 280 guests International menus to choose from •Complete range of audio visual equipment •Ample parking space SHERATON HOTELS AND INNS WORLDWIDE NASSIM200 words
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Advertisement221 1980-12-10 10 Feast like an emperor at Chinatown m n > Bar bWC* Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at The Chinatown, we serve Szechuan specialties Name your favourites Or ask for our recommendations Then be treated to a feast of221 words
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Advertisement144 1980-12-10 10 QQQGO Inn Of Happiness Now open at the Hilton Dine Cantonese style. Dine 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}144 words
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Advertisement134 1980-12-10 10 It as good as going to Bangkok. 4 i c •<* This is Thai Seafood at its authentic best So fresh. it could have been alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese134 words
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BANKING AND FINANCE
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Article235 1980-12-10 11 MITSUI Real Estate, one of the largest property developers in Japan, has issued US$35 million in convertible bonds due 1996 in both the Asian and Euro-dollar bond markets. The issue was originally planned for US$3O million but overwhelming response dictated the increase. The coupon was also235 words
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Article289 1980-12-10 11 Some Japanese companies are shifting their foreign trade finance from export and import usance to shortterm impact loans, taking advantage of the enforcement on December 1 of the amended foreign exchange law, banking sources said. The amended law liberalised the supply of impact loans by289 words
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136 1980-12-10 11 Reuter CHINA'S southern province of Guangdong, which had been seeking to raise US$lOO million in the Eurodollar market, has instead received that amount as a loan from the People's Bank of China, foreign banking sources said yesterday in Beijing. The sources said the bank'sReuter - 136 words
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Article101 1980-12-10 11 AFP THE Australian government yesterday approved a foreign investment proposal by Klein wort, Benson Ltd of the United Kingdom to set up jointly with the Colonial Mutual Life Assurance Society Ltd a merchant bank in Australia. It will be known as Kleinwort, Benson (Australia). Treasurer JohnAFP - 101 words
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Article366 1980-12-10 11 CHINA has been seriously considering, for the past few months, the introduction of a two-tier system for its foreign exchange rates in order to encourage exports, restrain imports and conserve foreign exchange. The two-tier system envisages the adoption by Chinese import and export organisations of an exchange366 words
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EUROPEAN MARKETS
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Article194 1980-12-10 11 DEC 08 ns ABN 275.00 -5 Ahold 07 JO unch AJuo 15.50 -0J AMEV 92J0 -0.9 Am fas 112-50 unch Amrobnk 56 70 -OJ Bergoss Berk 18.00 50.00 0J unch Bo Is 54JO -0.4 BorsumlJ 185.00 unch Bur h man n 57 JO 1J Byenkorf 33.00 -0.8 Caland 2830194 words
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Article268 1980-12-10 11 DEC 08 Frs CORBEILLE ALr-LJqulde B S N Oerrats □anon* C S F i ThomsonCtc Fnaciitt des Petroles Compagnle Flnanctere Compagnle Oenerale Credit Foncter De Frmnce Hachette (Llbralrte) Machines Bull Mlchelln (B) Paribas Pechlney Clclne Kuhlmann Peugeot Philips (Nv Oem BeHt) Prtntemp* S A Rhone-Poulence SA Royal Dutch Sues268 words
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Article185 1980-12-10 11 DEC Francs Actions Suisse* Alusulsse Br Alusulsse Ref. Brown Bowl Br. Clba Gelfj Br. at* Oelfy P C Cite Oelf; Res. Credit Sulae Br Credit Sulae Re( Elektrowatt Br George Fischer Br Globus Pc Hero Br. Hoffman La Roche 1/10— Holderbank Br Interfood Br. Jelmoil Br Motor-Columbus Nestle Br185 words
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Article199 1980-12-10 11 DEC oa Dm Aeg-Telefunken Akxo All* Leben 74J0B 15.00 1070.00 0J -10 AUs Vera BASF Bay H T Wbank Bay Vbank Bayer BBC BMW 170.00 123 JO 222 OOB 300.00 110.10 272J0 -SJ 41 0.4 -1 Caiaella Chem Verw ***** 235.00B -I Commerxbank ConU Oumml Daimler-Bens Degussa Demag Deutsche199 words
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Article94 1980-12-10 11 DEC OS rr» FORWARD MARKET Acec 2#1 -11 Arted 1190 •10 Astur 281 +1 Brucan M4 >12 Bru-Lamb 1004 unch Canpac 1228 -18 Cock 153 ♦3 De Been 943 -13 Ebe* 1388 -10 Eleclrobel 3886 10 Ob-Inno-Bm 1910 -25 Oe* 1322 Hobok 3480 -40 Petro 5300 -80 Ryl Dutch94 words
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Article, Illustration124 1980-12-10 11 THE Overseas (Jailed Bank (OUB) branch «dice at South Bridge Road will he moved to the adjaeeat building at the corner of Saath Bridge Read and Upper Cram Street aa Dec IS. The earreat afflee wai apened la Sep IKB. Slaee then the badness has grawn124 words
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Article249 1980-12-10 11 AMERICAN Express has formed a new division to provide more services to the international financial community. It comprises three of the company's major providers of services. They are First Data Resources (FDR) of Omaha, Payment Systems Incorporated (PSI) of Atlanta and the American Express Money Order249 words
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426 1980-12-10 11 RUTH CHENG - By RUTH CHENG THE Singapore office of one of London's major securities trading houses, Bankers Trust International (Asia), has for the first time since its inception early last year managed a floating rate certificate of deposit issue. The US$2O million Asian dollar issue is426 words
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Page 11 Advertisements
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Advertisement420 1980-12-10 11 A NEW BREED OF PEUGEOT. THE 505 GRAINDTQURER v /a /A T 9U «S 1\ < -s< tt.H <- r 7/A r L 505 The moment you set eyes on it you know it's a Peugeot. But it's a new breed of Peugeot. It's young, lean, stylish. It's the new420 words
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MONEY AND EXCHANGES
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Article474 1980-12-10 12 THE US DOLLAR firmed agalnat all major currencies In active trading yeeterday. From an opening of 207.80/90 agalnat the yen, the US unit atrengthened to 209.00/10, and later to 308.35/86. Dealera attributed the dollar atrength vla-a-vta the yen to export coverings. Sterling opened at 3.8438/ 45, an<f traded474 words
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Article180 1980-12-10 12 ASIAN RATES ASIAN currency deposit interbank rates as at close on Dec ft US D*Ua»(SMt) Offer fir 7 day* S01/1S 161/1S 1 month II1/16 SO 10/14 1 month* 811/16 SO 16/16 5 month* SO a/16 SO 1/16 month* IS* 16* 0 month* 177/16 176/16 IS month* 167/16 166/16 6w.fr*. Da*180 words
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Article46 1980-12-10 12 RANGE Of prtcM ottervd by dl*count housti i on Doc I: Ovmfcht :6Vk«toTM« CalJfepoa Ita: 614* to TV.* CMi| S-month BvrtM 6«U1m Treasury bill* 613/16 611/16 S-monih Bank btlU 13'* IS*-. S month* CD 111/16 1316/16 6 month* CD ISH 1IH Source: National Discount Co46 words
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Article207 1980-12-10 12 THE DOLLAR yesterday rose sharply over 1.97 marks in quiet early trading on the strength of higher eurodollar deposit rates after opening firmer against ma lor currencies, including the yen, dealers said. After opening at 1.9660/00 marks the US currency reached 1.9715/25, they said, one pfennig above Monday's close207 words
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Article23 1980-12-10 12 THE av«ra|i rat* at which major Singapore baaka ara our* rently prepared to load to their boat cuatomera la 18.8 par oaat.23 words
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Article129 1980-12-10 12 THE US dollar yesterday maintained ths firmness seen In New York on Monday and locally yeeterday morning In lata moderate business, dealers said. It was quotad at 1.9633/30 marks, slightly sbove ths morning 1.963$ 31. and at 209.10/Z) yan against an aarllsr 208.80/90 and strengthened to 2.3430/40 against starling129 words
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Article51 1980-12-10 12 FRANKFURT exchanges opening quotes on Dec 9: US 1 MM /4B (t M40 «0) sts mi «a mo hoi Can I MM 7» D PI M.M/M a Pr 110 r 7i ut-aioT,u P Pr 4S.M/M N Kr M.M/S B Pr (ron) B .3M 31 B Pr (fin) HOT/«IT Ym51 words
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364 1980-12-10 12 SINGAPORE gold futurM yesterday cloeed generally wHktr compared with overnight levels following easier ovsr—m fold prices, dealers Mid. Trading was generally quiet with market concern ovtr the effect of high inter••t rates and the situation In Poland underpinning market sentiment, they said. Total sales for364 words
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Article35 1980-12-10 12 Mm W N*w York 17 468 ***** 17 756 II» Zurich 17, JOB 17.MB 17.108 ll.tt itngapor* trSoB 17*8 17,MB II.M Cl«tR« prtcM In U8 dollar* a troy ounc* Source: Credit Suisse, S'pore35 words
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Article183 1980-12-10 12 THE US dollar for overnight delivery yesterday cloeed at 209.90 yen, compared with a 207.90 opening and 909.66 at Monday s close Trading waa active with volume U591.96 billion. The dollar fluctuated widely In fairly active trading especially in the morning, briefly weakening to an eight-week low of 207,40183 words
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Article60 1980-12-10 12 ZURICH exchanges closing quotes on Dec 8: us i.ttm/ttm St* 4.1AM 1MB Can 1.4M/4ST0 Dkft- S10S 4SK on- a.4M/M« r rr m quo 1» B fr 5 (223 HOB DKr M,BUB/MM N Kr M B101 MM 8 Kr 40 MM/BIOT Ut -OlWT/ltil Am Kti 13 TMB 77M Port I.MM60 words
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Page 12 Advertisements
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Advertisement766 1980-12-10 12 Htn&s (A member el the Tlmee OffnlMHow) TIMES PUBLISHING BERHAD (Incorporated In Singapore) Final Report For th« year «nd«d 31st Augutt 1960 the Dlrtcton rtport: Group irooo Turnover 196,200 142,751 165,540 112,113 Profit before taxation 26,698 21,826 18,599 14,937 Profit from aisoclated corporation* 746 314 Investment Income 5,906 10,493 5,220766 words
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Advertisement51 1980-12-10 12 V ac\ag 9 VoV^<>to V* c :Tw*#«® •fTnine^^unWS v 5s.< *A>'-1 <». >- < 1* v 1« ft v» YV 'I > 1 f Conn 632 This It a Conn Organ for every Church requirement... Co So* Aganta for Btngapora, Malayaia Brunei THE EAOLE PIAVOCO.PTE.LTD 2526, Prastdant Centra, 320. Sarangoon51 words
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Page 13 Advertisements
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Advertisement239 1980-12-10 13 We are willing to work out mutually beneficial proposals (including providing financial and professional assistance) with owners and interest holders wishing to develop commercial and shoppina complexes, oftices, lesidential estates, condominiums, factories and warehouses. We welcome projects ot any size and we are also prepared to consider outright purchase of239 words
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Advertisement457 1980-12-10 13 Toyo Trust Banking Opens Singapore on L/ecemDt. <u. Through this representative office, The Toyo Trust Banking Co., Ltd. sincerely wishes to expand its economic and financial ties with Asian countries. The Singapore Representative Office will also enable us to offer more diversified and sophisticated financial services on a worldwide basis.457 words
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COMPANY NEWS
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Article179 1980-12-10 13 MALAYSIA Mining Corporation (MMC) has ineorpoi ated a company in Londor to undertake the marketing of tin metal. Known as MMC Services Company, the company will give MMC direct access to the London Metals Fxehange. MMC officials declined to comment on the new venture but Business179 words
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Article241 1980-12-10 13 UNITED Motor Works has instituted a corporate identity programme which it said is aimed at presenting a consistent UMW group image and a more cohesive group identity among the group's subsidiary companies. With the new corporate identity, UMW said the image of the group241 words
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150 1980-12-10 13 j SINGAPORE Land has made Arcadia Gardens a subsidiary of the «roup by I Increasing It* shareholding 1 from 44 per cent to 51 per cent. \nnotuiring this yestorj day, Singapore Land said it ha» arqnlrf«d 27f,M1 sham* of $1 »-aoh in the i.sxuVxJ150 words
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194 1980-12-10 13 A SEVERE drop in output of tin concentrates has resulted in a steep fall in midterm earnings at Kamunting Tin Dredging (M) Group pre-L-»x profit for the six months to Sep 30, 1980 plummeted to M 5360,000 from $2.29 million for the previous194 words
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Article183 1980-12-10 13 ALCOM forecast that i profitability for the year ended Dec 31, 1980 will be j materially less than 1979 be- cause of inflationary in- I creases during the last six J months in labour, interest and energy costs which the i company has been unable to pass on183 words
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520 1980-12-10 13 IN LINE with the poor crop of results posted by a number of tin companies recently, Selangor Dredging has reported a substantial decline in interim profit, which would have been more severe had it not been for an increase in its dividend and interest520 words
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551 1980-12-10 15 ASSOCIATED Pan Malaysia Cement expects to go into the red this month due to the effects of increased oil prices and electricity rates. Revealing this in Kuala Lumpur on Monday, APMC's sales and public relations manager, Mr J B Seaton said the company551 words
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309 1980-12-10 15 THE senior management of the Associated Pan Malaysia Cement/Cement Marketing Company (APMC-CMC) group has been revamped with effect from Nov 1 in order to "streamline administration and management control." At a press conference, Mr JBSeaton, announced that Mr Saw Ewe Seng has been appointed managing309 words
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In Hongkong...
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666 1980-12-10 15 THE Hongkong Land Company plans to discuss w»th the Australian government the possibility of introducing local equity to some of its Australian properties. This follows the Foreign Investment Review Board's go-ahead for the transfer of ownership of a major office complex in north Sydney666 words
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COMPANY MEETINGS
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Article19 1980-12-10 15 AGM to be held at 4701 OCBC Centre, Singapore, at 3pm on Dec 11.19 words
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Article31 1980-12-10 15 Thir- teenth AGM to be held in the Conference Room of Goonting Chew, G C House, No 5C Jalan Gurney, Kuala Lumpur 15-01, on Dec 11 at 11am.31 words
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Article24 1980-12-10 15 AGM to be held at Suite 1901, 19th Floor, Shing Kwan House, 4 Shenton Way, Singapore, at 12 noon on Dec 12.24 words
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Article20 1980-12-10 15 EOGM to be held at 81-C Jalan Bukit Bintang, Kuala Lumpur, on Dec 13 at 11am.20 words
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Article26 1980-12-10 15 An EOGM to be held at 20th Floor, Straits Trading Building, 9 Battery Road, Singapore 0104, on Dec 15 at 12 noon.26 words
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Article29 1980-12-10 15 Twenty- sixth AGM to be held at Wisma Bunga Raya, 152 Jalan Ampang, Kuala Lumpur on Dec 22 at 11am followed by an EOGM at 11.3oam.29 words
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Article467 1980-12-10 15 wm& mm™ HOCK LOCK SIEW WHENEVER the local stock market is in a bull run, the scent of foreign money is always in the air. In the past, it originated from the direction of Hongkong or Britain. Money from their institutions has been ebbing and flowing into localHOCK LOCK SIEW - 467 words
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1523 1980-12-10 14 BID and offer prices officially Mm! and business in and repa toil to the Stock Exchange <* Sngapore yesterday with the number of shares traded abomu in brackets in lots ot MOO units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Acaa1,523 words
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Article176 1980-12-10 14 SDK2AF0WE UNIT TBU8T (MiH>ri' prtoM tar Dm M) OVMtONTMHI <Msm»iii' arte* tar Dm 10> The O—wt 3.X 3.43 union Spore Fund 1-26*4 1.31 Vk The Savings Fund 1.96 2.K INCOME BOND ITNrr S pore Pro* Fund l.« L« (CVTNtB 4mb) 1 X S pore Sec. Fund 2.11 2.24176 words
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Article2765 1980-12-10 14 Gr*s Gr'a Net 1980 Last Div Div Y'ld P/E Vol Dar High Low Company Sale or- CWr (*000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 342 15.0 2.8 4.3 135 300 220 Alcom 300 12.0 2.5 4.0 17.0 149 116 Allied Choc 134 6 4.0N2,765 words
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Article1783 1980-12-10 14 BID and offer prices official]} I. 1 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 otherwinp specified. INDUSTRIALS (3.048) AkM (2KB 3006) (2) 296 (4) 2» <5)1,783 words
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Article, Illustration752 1980-12-10 14 DARK-HORSE eaaaters stole the shew Bt the Singapore stoefc exchaage yesterday as activity shifted to the cheaper Stegapere-baaed stocks. These, laeladlag Dah Yaag, Hwa Heag, Sigma Metal, Itovts aad Sim Um, led the advaaee as the eld favaarttes aad heavyweights failed to regala their prevleaa streagth.752 words
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Article114 1980-12-10 14 MALAYAN Til Dredging (M) BM: Fourth AGM to be held at Wisma Bunga Ray a, 152 Jalan Am pang, Kuala Lumpur, on Dec 22 at 10am followed by an EOGM at 10.»am. PAHANG Canselldated CwnpHy: Seventy-Fourth AGM to be held at the Pahang Consolidated Company, Sungei Lembing, Pahang,114 words
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Article588 1980-12-10 14 DESPITE some good support for selected counters, light selling pressure drove prices lower on the Kuala Lumpur stock market yesterday. The poorer sentiment was caused largely by the continued uncertainity on the interest rates front and to the depressing fall in both the Dow Jones588 words
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Page 15 Advertisements
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Advertisement266 1980-12-10 15 Notice of HOE HOE SHIPPING COMPANY HOE HOE SHIPPING CO PTE LTD TO SERVE OUR CUSTOMERS BETTER WE ARE PLEASED TO ANNOUNCE THAT WITH EFFECT FROM DECEMBER 15, 1980 OUR NEW LOCATION WILL BE AT THE FOLLOWING ADDRESS AND NEW TELEPHONE NUMBERS GRAND BUILDING, 9TH FLOOR 17-J PHILLIP STREET SINGAPORE266 words
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213 1980-12-10 16 AFP SQUADS of security officers systematically checked identity cards and driving licences at sensitive spots in Jakarta on Monday as part of drastic measures to prevent an outburst of violence in the Indonesian capital Many checkpoints could be seen notably aroundAFP - 213 words
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Article65 1980-12-10 16 Reuter OVERSEAS Chinese and foreign investment in Taiwan reached US$35O million in the ten months up to November this year, an increase of 2.6 per cent over the same period in 1979, the economics ministry reported yesterday. According to statistics released by the investment commission of theReuter - 65 words
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Article385 1980-12-10 16 Reuter IRAQ could repair oil installations damaged in its war with Iran within two to three months after a ceasefire and reach full production capacity of about four million barrels per day (bpd). But Oil Minister Tayeh Abdul-Karim refused to say yesterday whether IraqReuter - 385 words
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Article96 1980-12-10 16 THE JAPANESE trade ministry is urging the giant Mitsui industrial group to work out a specific plan to overcome a cash shortage for a multi-billion dollar joint petrochemical project in Iran. The ministry spokesman said time had run out for any attempt to persuade Japan's semi-official96 words
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Article783 1980-12-10 16 LONDON, Tue. Share prices were marked lower in quiet trading ahead of the UK banking figures due this afternoon. Industrial leaders were generally a penny or two easier is in KI. Glaxo, Beech*m and Blue Circle though GEC was down 7p to 598 p. Grand Metropolitan was a783 words
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Page 16 Advertisements
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Advertisement305 1980-12-10 16 ADVtWTTStMCMT Today's Whether After a week of legal tussle, the Chairman of the World Congress of Meteorologists is withdrawing the suit filed against a local hotel. The cause of his chagrin? The PRO's releasing of a photograph showing him sleeping through the opening session of the Congress deliberations to a305 words
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Advertisement152 1980-12-10 16 2K e 8 Ya *Z7 m s 5f T si 7Z&* 4 y 1 We've clubbed together to make London cheaper. XT* Only British Airways can offer you this exciting new package. All you have to do is fly with us to London and enjoy die rather distinctive privileges of152 words
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Page 16 Miscellaneous
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Miscellaneous59 1980-12-10 16 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 beam prior to 7.31 p.m. m December t at the airport. Maximum temperature 29.5 Associated humidity 77 Minimum temperature 22.4 Associated humidity 98 Hours of sunshine 0.85 Rainfall in millimetres 3.8 Total rainfall for the59 words
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SHIPPING TIMES
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Article703 1980-12-10 17 Sfcippiag Uae Page CM Adriatic IV 5 Afea VI 3 Afro-Eurasia VI 2 All trans VI 5 Alpae VI 5 Angkutan VI 4 ANL I 1 Antoll vm 4 APL m 4/5 Achipelego vn 2 Anhsing vn 5 Argentine IV 4 ASCL m 1 Asia Merchant IV703 words
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Article, Illustration694 1980-12-10 17 JAN LEE - By JAN LEE PAKISTAN National Shipping Corporation sees good potential in further developing its liner service to the Far East as its other services to the UK/Continent and US/Canada have reached a peak. The chairman of the corporation, Rear Admiral A Waheed694 words
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Article69 1980-12-10 17 Reuter LOADING and unloading operations at Calcutta port remain disrupted following a dispute between two groups of workers over the unloading of bagged salt, the Press Trust of India (PTI) reported. PTI said M N Trivedi, president of the Association of Shipping Interests in Calcutta, asked the nationalReuter - 69 words
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Article62 1980-12-10 17 Reuter DOCKERS at the north-eastern Japanese port of Niigata on Monday refused to handle a cargo of the 1,957-ton South Korean freighter Keum San in protest against the death sentence imposed on leading South Korean dissident Kim Dae-Jung. The freighter, carrying a cargo of ferrous scrap andReuter - 62 words
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Article150 1980-12-10 17 HONGKONG shipping magnate Sir YK Pao will be in Singapore early next year to open Marintec Asia 1981 which will consist of four seminars and an exhibition held at the World Trade Centre. Between 700 to 800 top executives from international marine industries are150 words
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Article942 1980-12-10 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent and is subject to change (2) AH export FCL containers and LCL cargo must be delivered to the Authority's premises during the following942 words
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Article1486 1980-12-10 18 CHARTERING was generally quieter in all sectors of the freight market on Monday but rates held fully steady to firmer, brokers said. Time-charterers secured a 65,000 tonner for a voyage from Hamburg to Brazil via US Gulf at U5516,900 daily while a 40,000 tonner from Skaw to the1,486 words
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Article313 1980-12-10 19 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Brinton Lykes (after Centaur A President Jackson) 31/32 Blue Kochi (ro/ro) (1830 after Tsu shifts, must starboard a/side) 47 Builder HI (after Equator) 22 Dong Won (after Santiago Del Estero) 5 Fenix No 1 (ro/ro) (after President Jackson) 33/34 Jetpur City (1000)313 words
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913 1980-12-10 19 Reuter JAPAN will reject West European criticism that it is taking too big a share of the world shipbuilding market at a meeting of the two sides next year. Japanese government officials, shipbuilders and their manufacturing associations have all denied that Japan is takingReuter - 913 words
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Article, Illustration1247 1980-12-10 19 Fairplay IN MARCH this year the Suez Canal Authority opened the 16-mile long Port Said by-pass, separating the Northbound traffic through the Canal. This development was the prelude to the completion of the first stage in the large-scale project for widening and deepening ofFairplay - 1,247 words
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1455 1980-12-10 23 MHEBBLE 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 of1,455 words
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Article184 1980-12-10 24 TANKERS The New Era Dec 11-12, London. An assessment of the changing tanker market and of demand in the '80s. Contact: Laraine Cracknell, Lloyd's of London Press Ltd (Conference Division), 16-17 Bride Lane, London EC4Y BEB, UK. Charter-party disputes (dry cargo) Dec 15-19, Tower Hotel, London. A Lloyd's184 words
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407 1980-12-10 24 THE growth of the world roll-on roll-off fleet continues to be rapid, although in 1980 the pace has slowed down after the great activity in 1979 and 1978. This is the conclusion of a report on the specialist shipping sector by shipbroker Fearnley Egers407 words
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791 1980-12-10 24 AFP RECORD rates were paid to ship American grain and coal to Japan on the freight market last week as the recent strength continued. But details of business done were very slow to surface as charterers stayed silent on the rates agreed inAFP - 791 words
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Article136 1980-12-10 24 The major shipping consortia operating between the Far East Europe and Straits ports/Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. •K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines.136 words
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178 1980-12-10 24 Reuter SOVIET seamen off the coast of the western Sahara tried to resist a Moroccan boarding party last week by throwing a fishing net over them, the pro-government daily Maroc Soir reported. A Soviet seaman was wounded by a ricocheting bullet which one of theReuter - 178 words
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Page 17 Advertisements
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Advertisement723 1980-12-10 17 Everett Lines FOt THC MOST ftiQUCNT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CMTTAGONG CALCUTTA CHALNA •RANGOON BUENOS ARES MANZAMLLO ACAPULCO Ewrttt Steamship Corpn. S/A Clifford Ontrt S«*apore 1 Tct *****/9 36. Bexh Street. Penang Rm 36 103 OC6C BJdg TH *****/3 Port KeUn« Agents SOCSMP CO BHD TH *****1/8723 words
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Advertisement21 1980-12-10 17 .1 mm CONTAINER Schedules H LONDON Freights U/TU SHIPS In Pert m shipping list vn/vm REGIONAL Weather VTD SHIPPING Events VHI21 words
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Advertisement576 1980-12-10 17 MILLION MILES MARINE (PTE) LTD. w SWT CHANDURMC (Soles Services) AGENTS DtSJm/TORS STOCKISTS. Deck, Engine, Provisions Dry Frozen, Bond Golley Suppliers. Add 463, Mocpherson Rd. S'pore 1336 TEL *****21 (lOknes) Office on the wire *****11 (24 HRS) MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA,576 words
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Page 18 Advertisements
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Advertisement957 1980-12-10 18 MIBD Mm 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 Cmimm jgta ToEmpt Feeder *PKelai* Vesset Spore 1) MKetHes 2) Rdam 3) H'borg 4) Gboi B PENAGA Saded SELANDIA In Port957 words
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Advertisement351 1980-12-10 18 BfSi SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA US ATLANTIC GULF AND E. CANADA m i,.— kti TSTOB CM H«i Snt> Onto Bwor« N Tort Boston SI Mkn H W Howton Rod* T» Staled 1214/12 $-10/12 27/1 2/2 5/2 6/2 8/2 10/2 12/2 13/2 20/2 23/2 28/2 BMBQ TONSKK *10/12 IHB/12351 words
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Page 19 Advertisements
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Advertisement751 1980-12-10 19 INTMENT AN EXPANDING SHIPPING COMPANY NEEDS A FIRST CLASS CARGO CANVASSER MARKETING PERSON TO FILL IN THE SPACE OF THEIR OWN VESSELS GOING TO MIDDLE EAST AND INDIAN REGION PEOPLE WITH DYNAMIC PERSONALITY AND PUSH TO ACHIEVE THIS TARGET PLEASE WRITE IN WITH A PASSPORT SIZE PHOTOGRAPH (NON-RETURNABLE) SALARY EXPECTED,751 words
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Advertisement378 1980-12-10 19 Franco Belgian Ser vices (Fur Fa </ French Service with Belgian bar Fiisttrn T.xv.es' l ot aCf consortia c.m.c.r. {AST FR{NCH SERVICE M« '.ma Dfs 1 T>pp»*b#" ot MED ClUB) <5 Seatrain Pacific Services SINGAPORE ENQUIRIES ?7?3744 CES *****41 T«f>n.o«l ??OS*36 Opt org Shipping Pte. Ltd. Port K«(«ng 7001/2 P«t®ling378 words
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Page 20 Advertisements
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Advertisement735 1980-12-10 20 12 JtUTHDMK Hapag-Uoyc S'pore PK Pen Wtao Genoa H'burf B'haven Rdam Antw 11/12 14/1 19/1 28/12 30/12 3/1 6/2 4/2 1/2 30/1 3/1 3/1 6/1 6/2 31/1 16/2 14/2 11/2 9/2 TO USA/CANADA Connect in Tokyo •Connect in Kote (CARGO TO ATLANTIC AND GULF PORTS VIA MINILANDBRIDGE) WjMWKjjK Hb«f| B735 words
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Advertisement606 1980-12-10 20 KOREA SH,mNG LIME CORPN t. Ketanj PENANG VEGA 155W 29-31 Dec 25-29 Dec VEGA 156E 29-31 Dec 25-29 Dec ILT« 159W 7-11/1 12-15/1 AITJUR 159* 7-11/1 ALTAR 160E7-11/1 STORE 1/4 Jan 81 PROM BUSAN BANGKOK 1/4 lan SI TOBUSAN 16-19 Jan 81 FROM BUSAN BANGKOK 16-19 Jan 81 TOBUSAN rjc606 words
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Advertisement614 1980-12-10 20 ©EVERGREEN LINE FAR [AST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG FELIXSTOWE ROTTERDAM ANTWERP. IE HAVRE ALSO ACCEPTMG CARGO FOR UMTEO KWGDOM SOUTHAMPTON. LONDON. MANCHESTER. BiRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM t/m Hm*«i UM« F*ntaM Mmp I. H*we l*m I*4 lt/12 1/1 1/1 11/1614 words
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Advertisement882 1980-12-10 20 Everett Lines Burim Five Star Snippinf Corpn Wufwiciaw lirttrceirtiiMiitai S. A. C.I. F 'ARGENTINE NATIONAL LINE' LOMMNG FOR DURBAN MONTEVDfO BUENOS ABES S'parc iii 30/31 lan ICTTSI Trinsporttoon Marrtim* Maxicana S. A. "MEXICAN NATIONAL LINE" FAR EAST/MEXICO ft CENTRAL AMERICA SERVICE "on TMM throufti Bi of Ladnt" 10A0MG FOR ENSENADA882 words
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Advertisement685 1980-12-10 20 r mo.s.E. 1 OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE AUSTRALIA SERVICE MAT CMP MAYPRMCI P Kelang loadtog tar: DMNM/NETA 9/10 Jan SYD, MEL ADEI JAPAN/STRAITS SERVICE SMUPOK IU *****44/7 4 *****7 C K lUMPUI TU *****4 4447 b! COmMO BOOKHE OCEJIM SHTfMC STOK IU 22*1144/7 tRLAII CONTMNER P. KELANG685 words
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Page 21 Advertisements
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Advertisement868 1980-12-10 21 PIL GROUP EAST AFRICA/REDSEA SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERViCES KOTABUANA. Singapore In PI/12 Dac Loading For Chittagong, Madras KOTA BERK AT. SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES 27/29 Dae KOTAANGKASA. In Pt/13 Dae SINGAPORE/INDONESIA/SINGAPORE SERVICES SSI a 15/17 JAKARTA KOTA SINGA 27/31 CIREBON KOTA JADE KOTA BINTANG 20/23 Dac JAKARTA A. KARYA In Pt/13 Dae SURABAYA868 words
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Advertisement979 1980-12-10 21 BENLINE CONTAINERS OMtih, 12/12 u/12 ii/u fj**?*" *r 27/12 MM is/1 P»t/E«w« p* 24/12 Umpml I 4/1 Or*" VI Larpßa, aHfISEI H BURG 8 HAVEN OfiMWf/Austria I Fsrt FW OTptt SaM SjM fry** s— M Salad SjM Kwaau Mm SM Mm faM 14/12 ManuiH Eipress faM M £E*» 11/12 12/12979 words
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Advertisement736 1980-12-10 21 IJI t A i ,mI i\ S A«i ('1 i i Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE *0 MOOPN NPart at 6 OAMUA 13/12 tool" I KMC* 11/1? MUM 2V12 I PtNAGA 2/1 I ONtM 1/1 SP r l)VMAi2lt'4aai 3>M burf 4>G taorx NAM TANA* 1/1 11/1 *«Usi*A VI736 words
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Advertisement624 1980-12-10 21 BOUSTEAD SHIPPING AGENCIES DANK LINE FOR REUNION I SOUTH AFRICA BEAVERBANK S'wong 1 22/12 1/1 5/1 7/1 SINGAPORE S'wong 1 eto Reunion 22/12 Durbon 1/1 Capetown 5/1 Pt Eliz 7/1 (also accepting East London and Maputo cargo) Lukes/o Linos U.S. WEST COAST SERVICE tor Owd how SfO Ibcfc SPOW S'tle624 words
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Page 22 Advertisements
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Advertisement967 1980-12-10 22 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA feeder Kcsstu* n sr nonet ncssas tk la st m Qmy Ace (3N SaAed 13/12 Kasiii Man 27/12 7/1 Lam Cat* BnO(« 27/12 (/I Km Maru 27/12 20/1 AHeiiel 21/12 Asa Mara 9/1 22/1 *m Marat/1 22/1 lapar967 words
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Advertisement585 1980-12-10 22 CALMNMA/PACfIC MOTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lm*| Mr. LOS ANGELES. SM FIMCSCO SWTTU. TACT* VANCOWO SC. Acat**FCL/m Cmtmmn AUSTRALIA EXPRESS CONTANIER SERVICE Acc»M« mjfa Cmtumn P MW| S pore In IMb A* SyN V 13 tm Htm 25 Jan 28 Ja« 3ft 10 F* r 11 Feb 12 Fc«585 words
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Advertisement806 1980-12-10 22 .A c•■'oiip SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 WARDING *****2 (3 LINES! GENERAL *****1 14UNFS TERMINAL OFFICE *****83 f >' RS ***** A B CARS HIP CABLE CARGOSMIP Tin •i l(e«|i«nal Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK HOT lAOE BOUNTY 51S/52N JMf BOUNTY 525/53N806 words
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Advertisement664 1980-12-10 22 Bgranard lime INDEPENDENT A TTRACTIVE RA TBS MEDITERRANEAN SEA SERVICE ALSO ACCEPTtSG COSTA t\EK CAKGO ECL O\LY FOR. PORT SAID. ALEXANDRIA. BEIRUT LATTAKIA. U MAS SOL. ISTANBUL PIRAEUS Specially engaged agents A stevedores providing immediate discharge MM CHEONC V.4IN WIN SMC V.4MI. C«*c Nrt Sa* BM t Lattafcia mtf ALL664 words
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Advertisement743 1980-12-10 22 <viv neanesaay, uecember 19, lWf INTRftStfl (PTE) LTD Faber House 234E Orchard Road Smga&or* 9 Telephone *****H '*****57 REGULAR OGEfEMKWT SERMCE TO EUROPE S'p«r» t. KNwg Pom* LoaMv lar 22 0K 2SDK BOULOOC/RDAM/ UK (AMMO •mUSt* (PTE) LTD 2352(11 BOOK ME *****57 Yto SNPPME A TRAOMG *****4 *****2, *****1 MTER743 words
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Page 23 Advertisements
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Advertisement612 1980-12-10 23 TO EUROPE/UK (VIA SUEZ): C. CONTAtfR 9W. SS BRDGE 29W N. GARNET 3* K CHANCE IN C. PAUL 25W K. JACEJW SW. TN BRD6E 4W P. Kebnt Havre 12/12 29/12 28/12 14/1 31/12 16/1 •Containers teedered to/from F'stowe Also accepting cargo to/from Scandinavia +SS BRIDGE S'pore Closing Times: FCL Cargo612 words
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Advertisement250 1980-12-10 23 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE PT. SUEZ PT SAB ALEXAMWA AGiA MARMA Dec 24 lan 6 lan Jan 13 SPHMXU Jan 26 Feb 11 Feb 14 Feb It Car jo Bookmp Pkw Pt*n« *****43 MARTRANS CARGO PLEASE CONTACT SCHENKER SINGAPORE250 words
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Advertisement352 1980-12-10 23 *3 OCEAN LINES REGULAR NOW CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE Sport Putting Ptruog Loading tor OCEAN DIAMOND V.IONB Part SaM/Limasui/Aleiandria Pir»eui/Berut/R>|ekj 10 Jan MERIDIAN EASTERN LINES WRECT REGULAR MONTttY SAUK TO COLOMO I KARACHI (Abo accept* carjo for SHARJAH. DUBAI. BAMtAM, SUBJECT TO VOUCEMENT) Penang PKetang Spore MV. MtCO MIS352 words
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Advertisement267 1980-12-10 23 [IL, LEMON SHIPPING PTE. LTD. Ifiri 1508 Robina House Shenton Way Singapore 0106 Tel: *****33/4. *****04. *****14. *****71. *****05 TRANS-K LINE KARACHI SERVICE M.V. BANGPLEE. ATLANSA CONTAINER LINE LTD FUU CONT AMERISED SERVICE TO BEKUT, LATTAKIA, TUNC, TWPOLI, ALEXANDRIA. ML AMD DESTMATKMS: DAMASCUS. BAGDAD. CAMO, PORT SUEZ. RAMAN PORTS ETA267 words
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Page 24 Advertisements
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Advertisement272 1980-12-10 24 MALDIVE LINES ETA KUANTAN ETA PORT KELANG MALDIVE INDUSTRY Sailed Loading tor Chittagong/Madras MALDIVE PEACE 12/12 Loading for Dubai/Kuwait MALDIVE MAGE 18/12 Loading For Jeddah/O|ibouti MALDIVE LOYALTY' 25/12 Loading for Hodeidah MALDIVE SEAFARER 30/12 Loading for Jeddah MALDIVE PIONEER 30/12 Loading For Jeddah FOR BOOKINGS I ENQUIRIES PLEASE CONTACT: SM6APORE272 words
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Advertisement240 1980-12-10 24 GLOBE LINE LTD NecMy service to Mate. Matdhre Wands via Colombo Refrigerated Space 10 ft. Containers 10 tons H/L General Cargo Shipment arranged on through Bill of Lading Singapore/Male SCAN-SHIPPING PTE. LTD. Sute 1103-8 11th Floor Marina Mouse. Stent on Nay Singapore 0207 Phone: *****44 Agents in Colombo: Ceylon Shipping240 words
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Advertisement256 1980-12-10 24 NOTAS LINE Regular Express Service^ TO MIDDLE EAST TOTS STOt PW.ANG PCNAHG Dubai. Bahrain 12/12 Dammam Abu Dhabi, Dubai. Bahrain. Dammam 5/1/11 11/1/tl 12/1/81 Ajwti SPWt NOTAS PTE ITD TCI >*****4 (5 [■nen RI BS ***** P* MAHMOOC AM6A» t SOUS SOW BHD Til 3«/613 111 MA 39/33 P GriMf256 words
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Advertisement356 1980-12-10 24 A ANTOLL LINES InJependent Container/Conventional Liner Service Dvect B/lt to Adelaide. Meßxxrrte. Sydney Brisbane Port Sol Pro Smjapor; Dec 27 Port Kelanj Dec 31 Met) (Geetong) Jan 12 Sydney Jan 16 Sol Drott Sol Tuia Dec 27 Jan 7 Sol Drott Jan 31 Feb 3 Feb IS Feb 24 Feb356 words
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Advertisement201 1980-12-10 24 PERK AP ALAN LAUT AN BIRU SDN. BHD. P O Bo* 220 Kof* Kmabahj Sjbjh ttCUUI UN» SERVICE Sabah Sarawak Bangkok Smgapo'e Port kelang Agents: M'sia: Port KeUng: SEALION SHIPPING (M) SDN BHD Tel *****4. *****9 *****1 Tlx MA***** Penang: SEIAMA SHIPPING TRANSPORT SDN BHD Tel *****1. *****2 Tlx MA*****201 words
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Page 24 Miscellaneous
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Miscellaneous174 1980-12-10 24 Regional Weather m m 6 > sr 4 W A W A gj r > ,1 S u A< A > 35 c L li Zml a 'J rfA .V s UA K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c C; Wind direction with speed in174 words
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