The Business Times, 18 December 1980
1980-12-18
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20
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The Business Times
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Title Section10 1980-12-18 1 BUSINESS TIMES M.C.(P) No. llf/1/81 50 CENTS THURSDAY, DECEMBER 18,118110 words
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BRIEFLY...
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Article55 1980-12-18 1 Reuter KUALA LUMPUR, Wed. The government today rejected a proposal by the Malaysian Employers' Federation to import foreign labour in order to meet labour shortages in Malaysia. Labour Minister Datuk Richard Ho called on employers to provide better terms and conditions of work to attract theReuter - 55 words
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Article68 1980-12-18 1 Reuter HAVANA, Wed. Seven leftist guerillas who hijacked a Colombian airliner on Monday have surrendered after releasing its 51 passengers and crew, the plane's captain said today. Eduardo Prada Arias said the plane would return to Bogota shortly. The Boeing 727, owned by the Colombian airline Avianca, wasReuter - 68 words
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Article51 1980-12-18 1 AP POLAND, Wed. Independent labour leader Lech Walesa warned today the time was not right for further strikes in Poland. "Society wants order right now," Mr Walesa said after ceremonies in Gdansk and Gdynia commemorating workers killed by police and troops in December 1970 food price riots.AP - 51 words
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Article84 1980-12-18 1 AP WASHINGTON, Wed. American factories operated at 78.8 per cent of capacity last month, nearly a full percentage point more than in October but about 9 percentage points below their peak rate in 1979, the government said today. It was the fourth consecutive monthly increase. It alsoAP - 84 words
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Article61 1980-12-18 1 Reuter PARIS, Wed. The Soviet Union has no intention of intervening in the internal affairs of Poland, the secretary-general of the Soviet Communist Party's central committee, Boris Ponomarev, said today. "The Poles are big enough to settle their own problems and the Soviet Union in no way intendsReuter - 61 words
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Article108 1980-12-18 1 AP TEL AVIV, Wed. One Arab was killed and another seriously injured today when a bomb they were carrying exploded near the Jewish settlement of Kiryat Arba, in the occupied West Bank, Israeli authorities said. Israeli troops went immediately to the dead man's house in Hebron where theyAP - 108 words
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Article88 1980-12-18 1 AP DETROIT, Wed. As Chrysler Corp officials met with union officials about how to save it from financial disaster, American Motors Corp stockholders voted to increase a French carmaker's share in their company for $200 million a deal aimed at averting bankruptcy. Leaders of the United Auto WorkersAP - 88 words
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Article137 1980-12-18 1 Rises Shangri-La 2150 450 PMC 1160 60 O C B C 1150 30 Magnum Corpn 1640 20 Straits Trading 1170 20 Maia Rice 478 18 Nat Iron 065 15 O U E 630 15 Tan Chong 430 12 Bovia 184 11 Falls Auatral Amal 1100 -100 Berjuntai137 words
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Article, Illustration157 1980-12-18 1 Falls Sel Prop 1430 -180 Sg Besi 1180 -120 PMRI 690 -40 A Amal 1110 -30 M Cables 380 -20 Male* 680 -20 Kg Lanjut 690 -20 Isl 6 Pen 830 -20 Berjuntai 1310 -20 Dunlop Est 470 -12 MBS 478 -12 Rises P Chem 740 40 Petaling157 words
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670 1980-12-18 1 LILLIAN CHEW - ASEAN BUSINESSMEN'S RESOLUTION By LILLIAN CHEW BUSINESSMEN of Asean countries want their respective governments to extend the 20 per cent tariff cut to more goods, regardless of their import value. They also call for the granting of preferential trade arrangements (PTA) on a670 words
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Article257 1980-12-18 1 AP THE European Economic Community has expressed conditional approval to a compromise proposal for reforming the ineffective international tin agreement in the Geneva talks between producer and consumer states. The proposal is for creating a basic buffer stock of 30,000 tons plus an emergency stockAP - 257 words
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Article336 1980-12-18 1 CHOO AI LENG - By CHOO AI LENG UNITED Engineers (UE) has shelved plans to relocate to Malaysia the foundry operations of its subsidiary, Uniteers Vic leers. It will instead upgrade and expand the foundry activities of the 51-per cent owned subsidiary, which is one of the few companies producing336 words
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365 1980-12-18 1 SHELL has started dismantling and removing equipment at its Pulau Bukom refinery in preparation for "corrective measures" on the stalled $400 million hydrocracker project. But a statement by the company yesterday said that until the reports by its consultants and Hague office are365 words
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267 1980-12-18 1 A SENIOR official of Mannfactorers Hanover Trsst Compaay (MHT) ranks Singapore second only ta Japaa u the best credit risk ia Aria. nil rating by Mr A. Kirk weed Yonng, vice president and newly appelated manager sf MHT'» branch la Singapore, contrasts sharply267 words
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478 1980-12-18 1 SALMA KHALIK - By SALMA KHALIK OFFICIALS and staff at the Economic Development Board are in a quandary as to who will be at the helm in the coming year. A few weeks ago, Mr Ngiam Tong Dow indicated that he was about to relinquish478 words
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Page 1 Advertisements
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Advertisement129 1980-12-18 1 -\.~>|^@<*&*|@)`~):?'.,.>~~+~=< B R Poscoe Associates Pte Ltd in association with Infocom Information Engineering PRESENTS Data Base Workshops Data Analysis and Design of Information Systems A workshop on methodologies for the analysis and design of data base and conventional file systems, for physical implementation of Information Systems which are responsive to129 words
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Advertisement66 1980-12-18 1 mid>a SHIPPING TIMES PROBLEMS sf CMMUminiam MINING u Investor's dream of maaagemeat............................. 2 striking itefc SHARP rise in valae of HK YAMANI warns of oil reaching textile exports S US$B9 a barrel 12 OPEC oil rise adds to world HIGHLIGHTS of yesterday's economic wee 5..........—........... 5 election rallies —12 CROSSWORD66 words
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Advertisement46 1980-12-18 1 T"\sngak*e i^ s business Leader...page I THE Premium Blend P V- MS M Created Perfected and backed by over 125 years of blending experience. i I lMi ancestor SCOTCH WHISK* w There's a kit in a name when it's DEMUR'S ArTitfn# quaiiy J I'om I \J <•* .>46 words
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PROPERTY & CONSTRUCTION
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Article, Illustration3326 1980-12-18 2 The term condominium type housing development is used as a concept of planning by the Ministry of National Development. It was initially applied to residential property but later came to cover commercial and industrial property and more recently the mixed development type. Condominiums have their advantages3,326 words
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951 1980-12-18 2 AGNES WEE - By i AGNES WEE "MUST most of the beautiful buildings we now have fall into a state of disrepair before something is done about their proper maintenance?" This is a question frequently posed by people in real estate and professional management organisations. While some951 words
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275 1980-12-18 2 HONGKONG hotel operator, the Peninsula Group, has reached an agreement with Hongkong Resort Company to manage a new 150-room deluxe resort hotel. The hotel will be located on the 1,520-acre Discovery Bay site on the north-east side of Lantau Island overlooking the New Territories,275 words
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343 1980-12-18 2 THE 20,000 square foot pedestrian plaza of The Landmark was officially opened by the Chief Secretary, Sir Jack Cater, in Hongkong on Monday. It marks a major step towards the completion of Hong Kong Land Company's 10year central district redevelopment scheme.343 words
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169 1980-12-18 2 A PUB with an historical theme capturing a bit of old Singapore and the Regency period with which Sir Stamford Raffles was associated has opened for business. Aptly called Stamford Arms, the pub is authentically English with upholstered period furniture, polished woodwork panels, solid169 words
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Page 2 Advertisements
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Advertisement55 1980-12-18 2 I The exception that could prove to be the rule. The Famous Grouse Finest Scotch Whisky of such exceptional quality that it commands a premium price TPs Scotch Wh® tes COICH WHISKIES DLEIMOCO BOTntD 1 (Matt hew Gtocyti Son U&> Perth. Scotland 1 0 IN leoo AT TM SAMt AO55 words
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REGIONAL
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462 1980-12-18 3 Reuter THE Philippines hopes to secure about US$l billion in official development aid for 1961 when it meets donor countries and organisations at an annual consultative group meeting in Paris late next month, Finance Minister Cesar Virata said. Of the amount, which would beReuter - 462 words
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Article243 1980-12-18 3 UPI SOUTH Korea's interim parliament has passed a law easing restrictions on collecting or contributing funds to political parties. Government officials said the law is aimed at liberalising the gathering of political funds, thus eliminating dubious deals between political parties and fund contributors and otherUPI - 243 words
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THE REGION IN BRIEF
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Article458 1980-12-18 3 Agencies THE Malaysian government will import about 6,000 tons of refined sugar from the Philippines this month to ease the acute shortage of sugar in the country, it was learned in Kuala Lumpur. Official sources that the consignment will cost the government about M 53.6 million. FORMERAgencies - 458 words
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Article, Illustration328 1980-12-18 3 UPI INDIA'S Parliament will give final approval within weeks to a bill that would allow the government of Prime Minister Indira Gandhi (abeve) to arrest and hold people for up to a year without charges, lawmakers said in New Delhi yesterday. The Lower House ofUPI - 328 words
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587 1980-12-18 3 AP EXPORTS of textiles and clothing from Hongkong rase sharply in value last year, the annual trade report of the General Agreement on Tariffs and Trade said. Corresponding deliveries from South Korea were slowed down considerably, except to the European Economic CommunityAP - 587 words
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423 1980-12-18 3 AFP SOUTH Korean contractors and workers were blamed for industrial trouble at the Shell refinery at Clyde, 18 kilometres from Sydney. Parliamentary and industrial protests are being organised against South Korean companies for allegedly using foreign workers without visas in order to avoid payingAFP - 423 words
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167 1980-12-18 3 AFP THE United Nations Children's Fund (Unicef) will reduce from next month the amount of food distributed to Kampucheans from "landbridge" p'oints on Thailand's eastern border, a senior Thai official announced yesterday. The announcement was made by Prasong Soonsiri, secretary general ofAFP - 167 words
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Article96 1980-12-18 3 Reuter THAI Interior Minister Prathuang Kiratibutr has ordered the arrest of nine more top ministry officials implicated for involving in alleged financial irregularities in the administration of a government-owned printing company. The arrest order increases to 16 the number of both present and retired senior officialsReuter - 96 words
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Article135 1980-12-18 3 UPI CHINA'S textile output value in 1960 is expected to total 23 per cent higher than last year's, the official Xinhua News Agency reported. The estimate figure was revealed at a national meeting of textile technicians in Beijing. The report did not give a yuan amountUPI - 135 words
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308 1980-12-18 3 AFP PETER LAI of Malaysia, chairing the conference in Geneva for a new internationl tin agreement, has put forward a compromise formula after two weeks' discussion. Informed sources said an initial stock of 30,000 tons, financed by direct government contributions, could be set up inAFP - 308 words
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292 1980-12-18 3 Reuter JAPANESE steaming coal imports are expected to increase nearly 35 times in the next decade under a longterm programme to reduce to 50 per cent the country's dependence on oil for energy needs. Most of the coal is expected to come from Australia,Reuter - 292 words
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Page 3 Advertisements
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Advertisement533 1980-12-18 3 SGV-GOH TAN PTE LTD Brings to you one of the most highly rated MBA Courses at the Harvard Business School SHAPING INDUSTRY BASED COMPETITIVE STRATEGY the hottest new concept in American business today Presented By: Professor Michael E. Porter Introduction This seminar addresses solutions to the potential issues and problems533 words
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Advertisement31 1980-12-18 3 Snuff is enough v <* f~" r.•; -Sz r V j v: v i V* 1 v i- i 7 i~ nE HOM C i 7 U oz 2°*^ c J < r31 words
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RAW MATERIALS
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203 1980-12-18 4 AP INCREASED production and stocking and stagnating consumption of cocoa have prompted the decline of world market prices of the commodity, the Annual World Trade Report of the General Agreement on Tariffs and Trade (Gatt) said. It said world production of cocoaAP - 203 words
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Article221 1980-12-18 4 CHICAGO soybean futures on Tuesday closed six US cents a bushel higher in nearby's to down one cent in deferreds. Prices settled near the middle of a 38-cent range in extremely choppy trade. Prices fluctuated on both sides of the market in late trade as locals sold on rallies221 words
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Article224 1980-12-18 4 WHEAT futures in Chicago on Tuesday closed two US cents a bushel higher in near December to down 10 cents in new crop. Prices settled near the top of a 17cent range. Aggressive exporter pricing rallied the near December to the plus side and lifted March to Monday's close.224 words
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Article461 1980-12-18 4 OPENING prices on the Singapore rubber market yesterday were marked up slightly on higher London advices and US Congress approval of the General Services Administration (GSA) stockpile fund for commodity purchases. Some forward demand also aided sentiment. The morning session closed slightly higher with January One RSS buyers quoted461 words
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Article288 1980-12-18 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt (.o.b. 286.00 287.00N Int. 1 R.S.S. January 290.25 290 75 Int. 1 R.S.S. February 296.75 296.25 Int. 2 R.S.S. 277.00 278.00N UK/Cont 276.00 277.00N Int. 3 R.S.S. 274.00 275.00N UK/Cont 273.00 274.0QN288 words
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Article99 1980-12-18 4 NOON SSR and SMR pnca yeaterdayRAS Jaaaary rnnun (Forward Mtk) Buyer* Seller. 246.00 248.00N 242.00 244.00N SSR 20 SSR SO MKKLB (l-ton pall* <1 ton pall* (Current Mth) Btjrin Sellere t) 244.00 246.00N t) 240.00 242.00N SMR CV SMR L SMR 5, SMR GP SMR 10 (Moo99 words
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Article39 1980-12-18 4 Rubber Dec 17 Singapore: January: 289.50 cents (up 1.25 cents) Malaysia: January: 301.00 cents (up 1.00 cent) Tin: M 51,930 (down $8) (equivalent to $31.91 per kilo) (down 13 cents) Official offering: 192 tonnes (down 8 tonnes)39 words
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Article75 1980-12-18 4 THE STRAITS tin price la Penaag yesterday fell MsB to $1,931 a picul (equivalent to $31 Jl ft Idle), $215 below the InteraftttoaaJ Tin Agreement celling. The weakness was Attributed to slightly easier overnight Leaden Advices «nd ft lftek of physicftl demand hnt Strang buying (rem Europe sad75 words
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Article175 1980-12-18 4 CHINESE Prsdaee Ex* change, flbigapsre, asss eMag prices per IN kg yesterday: Cmmhl «II: Bulk fob *140.00 sellers, old drum (in second hand drum) fob $152.00 sellers, new drum fob $160.00 seller*. Cspm: Mixed (loose) $77.00 buyers. Peppsr: Muntofc white pepper fob Asta NLW $427.50 sell- Sarawak white175 words
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Article194 1980-12-18 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttas yarn: China Blue Phoenix 20s 2,040; 32s 2,700, 40s 2,950 (per bale of 400 lbs). Piece gasds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lamb 6 unq; Flower and194 words
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Article336 1980-12-18 4 SINGAPORE: Yesterday's closing prices in SI 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 0.73.336 words
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Article929 1980-12-18 4 COFFEE: Robusta futures yesterday closed the morou ing barely steady, near the lower end of the session's trading range but £3 up in 11 near January to £5 down from Tuesday in both March and May. Turnover was 432 m lots including 10 options. Dealers said the market929 words
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Article122 1980-12-18 4 THE Malaysian palm oil market yesterday continued higher mainly on covering in moderate trading, dealers said. December saw the Southern region gaining Mslo to $942.50 a tonnes while th Central region rose up to $937.50. In January, the Central region rose $5 to $94$ while the South was122 words
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ASIAN STOCKS
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Article470 1980-12-18 4 TOKYO SHARE prices closed mixed in active trading yesterday as late profit-taking offset the morning gains which were prompted by a cut in margin requirements. The market average rose 1.34 to 7,038.10 with volume 460 million shares, but the Tokyo Stock Exchange index fell 0.36 to 487.81.470 words
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Article235 1980-12-18 4 THE MARKET yesterday opened lower after the overnight hike in US prime rates. The expected heavy selling pressure never materialised and there were plenty of buyers to absorb the sellers at lower levels. Mid-morning trading was mixed on dull turnover with the 11.00 am index off 31 points. Agressive235 words
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Article319 1980-12-18 4 A TAKEOVER offer by mining house North Broken HQI tot 70 per cent of tyremaker Ounlop Olympic trt otherwise dull trading yesterday following a rise in US prime rates, brokers said. The North's offer of one share for every three Dunlop units, which Dunlop rejected as totally unacceptable led319 words
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Article166 1980-12-18 4 THE MARKET market was mixed yesterday as commercial-industrial remained firmer and mining and oil tended to easier, but turnover rose to 9.2 million pesos from Tuesday's 3.8 million, dealers said. Benguet Con B, Phil Overseas, Pioneer and San Miguel B which traded, while among those closing lower were Acoje166 words
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Article45 1980-12-18 4 FINANCIAL TIMES INDU8TRIAL8 Tuesday 406.0 Monday 464.4 Week Ago 406.9 DOW JONES AVERAGE INDUSTRIALS Tuesday 918.00 Monday 911.00 Week Ago 934.04 SENG Wednesday 1253.08 Tuesday 1206JO Week Ago 1340.28 SYDNEY INDUSTRIALS Wednesday unav Tuesday 743.02 Week Ago 749.16 ALL ORDINARIES Wednesday unav »72.1545 words
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Article250 1980-12-18 4 PRICES closd generally lower in quiet trading yesterday, dealers said. Bangkok Bank fell two baht to 288, Mata Boonkrong Drying and Silo dropped eight to 172, while Jalaprathan Cement and Rama Tower closed unchanged at 111 and 83 baht respectively. DEC 17 AUt Credit Bahts Am Fibre Ayulhaya In*250 words
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Page 4 Advertisements
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Advertisement211 1980-12-18 4 BIRKENSTOCK ffi Sandals Made in West Germany IGGt 111 QOOQ hGdlth f i~r*GR- This model made Birkenstock sandals world famous. The deep heelseat cradles the heel, is made out of cork and covered with genuine suede. Model Madrid Natural cork, flexible, lightweight, shock absorbing, natural support The footjoy-seal! The original211 words
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OVERSEAS
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436 1980-12-18 5 Reuter THE US Export-Import Bank (Eximbank) says it is facing its first operating loss pince it was founded in 1934. It said the loss is due partly to matching the cheap export loan policy of France. The statement comes in advanceReuter - 436 words
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167 1980-12-18 5 Reuter WEST Germany said yesterday it would boost defence spending next year by more thkn originally planned, but the increase appeared likely ta fall short of the agreed Nato target. -A finance ministry spokesman said the cabinet last night agreed to make aaReuter - 167 words
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289 1980-12-18 5 AP TOTAL output of world agricultural production dropped for the first time in seven years. The US Department of Agriculture said preliminary figures, which do not include China's outpt, showed a 3 per cent drop in the richer, developed countries. This was offset byAP - 289 words
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613 1980-12-18 5 Reuter OPEC'S oil price rises on Tuesday will add billions of dollars to oil consuming countries' import bills and worsen their economic problems. In New York, Senator Henry Jackson, chairman of the Senate Energy Committee, said the rises would worsen the USReuter - 613 words
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405 1980-12-18 5 AP LEADING Senate Democrats have predicted that the nomination of Mr Alexander Haig as secretary of state by President-elect Ronald Reagan will provoke a new national controversy. The controversy will be over over Haig's role in Vietnam, Watergate and the Nixon pardon. Senate DemocraticAP - 405 words
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Article135 1980-12-18 5 Reuter SOME Iranian members of parliament have called for an investigation into leaks of their assembly's secret proceedings in what appeared to be an attack on President Abolhassan Bani-Sadr Teheran Radio said 67 deputies had called on the country's judicial council to investigate the leaks.Reuter - 135 words
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Article771 1980-12-18 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JEK SPO/HKG MAS MH601 0830 KUL SIA SQI01 0815 KUL MAS MH605 0630 KUL MAS MH621 0835 PEN RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL SU SQ211 1000 HLP SIA SQ103 1000 KUL CPA CX710 1005771 words
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Page 5 Advertisements
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Advertisement97 1980-12-18 5 A Christmas Telex-the perfect business greeting. J r *1 <,* m. ■< v> m mm m %mm Telex is the timely and professional way to send your season's greetings to business associates overseas. A telex greeting reaches its destination the moment you send it. So your greetings will always arrive97 words
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Article309 1980-12-18 6 WHILE OWNERS of private residential units in condominiums are enjoying the recreational facilities at their doorsteps, they should be made aware of the catch of living in these privileged quarters. For the implications of conditions under which common facilities are maintained are often wider309 words
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300 1980-12-18 6 THE REPORT by Manufacturers Hanover Bank may come as a relief to those who fear that Singapore's attractiveness to bankers and investors may be on the wane. It was just a few months ago that an international banking magazine had reported that a survey300 words
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Article, Illustration837 1980-12-18 6 PETER O'LOUGLIN - Australia is the world's third largest coal exporter. By 1990 the government hopes to equal or overtake the United States. Such ambitions are not unreasonable in view of the fact that foreign investments in Australia's mining industry are increasing. PETER O'LOUGLIN examines the mining boomAP - 837 words
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Article841 1980-12-18 6 ROBERT MAHONEY - SIBERIAN GAS PIPELINE PROJECT By ROBERT MAHONEY Reuter IN SPITE OF the cooling in East-West relations since the Soviet move into Afghanistan, Western European nations are competing to grab a share of a multi-billion-dollar gas pipeline project that will increase their dependence on Soviet energy. Japan andReuter - 841 words
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Page 6 Advertisements
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Advertisement347 1980-12-18 6 ACQUIRE COMMERCIAL and PROFESSIONAL QUALIFICATIONS through Correspondence College LONDON Pitmans the oldest correspondence college in UK has since its foundation in 1840 been guiding, tutoring and leading students from all over the world to commercial and professional qualifications that have opened doors to successful careers. You too can now achieve347 words
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Page 6 Miscellaneous
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Miscellaneous1236 1980-12-18 6 Hope, Women and Song Htpt in "Hmpe, Wntea aW Stmg" recalls the tun he made (umu la a career which has eevered vaudeville, Bread way, radle aad alee mettea pictaree. Te lead a few helping haads are Dlahaaa Carrel!, DehMe Beeae, Shirley Jwes aad Beatrice Arthur. There will he eemedy1,236 words
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Article, Illustration1650 1980-12-18 7 DAVID ONG THENG - By DAVID ONG THENG David Ong Theng is a manager with Turquands Ernst A Whinney (Management Consultants). BUSINESS WEEK (US) in a December 1978 article describes financial Modelling as "the hottest planning tool around today." With the exception of large multinationals in Singapore, few companies in this1,650 words
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Article616 1980-12-18 7 ALAN RIDING - iroBPMZi^ with ALAN RIDING NYT REASSURED by Presidentelect Ronald Reagan that he will carry out the new Panama Canal treaties, which he bitterly opposed three years ago, the Panamanian government is planning to campaign for a further reduction of American control over the operation ofNYT - 616 words
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Page 7 Advertisements
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Advertisement440 1980-12-18 7 A NEW BREED OF PEUGEOT. THE SOS GRAND T m* •t "Z"? it(P9IMH ■fej V V( k HHIIIIt L (HftlUv J 7/ a 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 new440 words
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INTERNATIONAL STOCKS
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Article1300 1980-12-18 8 A LATE RALLY in oil and high technology issues left the New York stock market on Tuesday mixed in active trading. Analysts said that when the market proved able to hold its losses to a modest level all day despite a rise in the prime1,300 words
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EUROPEAN MARKETS
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Article214 1980-12-18 8 DEC 16 CI Abitibi 23A lr»n 40 Algoma 35.--1 Bank Mont 32'. Bank Nova ScoUa 34 unch Bell Tel 19'» 1 Beth Corp BP Can Ltd I 35'« •l*k Brascan Camp Red Lake 67'. 1 Can Imp Bk 4-'« Canpar 44 Can par Inv Pf 19'. -i. Carting O214 words
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Article191 1980-12-18 8 DEC 16 FU ABN ***** 4 Ahold 64 00 -12 Akzo 1590 0.5 AMFV 91 50 1 Amfas 112.00 unch Amrobnk 5680 -0.1 Bergoss 21.00 4-2 Berk 4700 -03 Bols 54 30 0.5 Borsumij 197 00 -2 Burhmann 5400 08 Byenkorf 3780 13 (/aland 29 00 +0.1 Calve Delft191 words
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Article107 1980-12-18 8 DEC 16 Lire Ann* 8 55 0 05 Assoc Gen ***** -510 Basiogi 660 50 -1.5 Central* wnw 150 Mat 3251 -330 Kinsider 77 -1 Gen Immob 2134 29 IKI Pri 3700 -90 Italcementi ***** 790 I taigas 1525 -75 Iialstder 300 10 Magneli M Pf 600 -10 Marelli107 words
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Article188 1980-12-18 9 DEC 16 Francs Actions Sulsses 2sn 2 Alusulsse Br n» >60 Alusulsse Reg 445 S Brown Boirerl Br. 1455 5 Clba Oeicr Br. MO 25 Clba Qelgy P C 700 +5 at* Oelgy Reg S06 10 Credit Suisse Br 3610 56 Credit Suisse Reg 448 +8 Elektrowatt Br. 2570188 words
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Article264 1980-12-18 9 DEC 16 Frs CORBEILLE Air-LiquJde 524 •3 B S N Gervais Dancne 1115 -13 CSF (ThomsonCsf) 423.50 -1 Cie Francaise des Petroles 254 -2 Compagnie Financtere Compagnie unch Generate 372 Credit Foncier IV France 420 ♦0.1 Hachette (Libraine) Machines Bull 53 -03 Michelin (B1 716 -5 Paribas 240.50 0.6264 words
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Article93 1980-12-18 9 DEC 16 Frs FORWARD MARKET Acec 275 +■2 Arbed 1134 8 297 unci) Brasoan 944 unch Bru-Lamb 1004 unch Canpac 1212 +e Cock 155 10 De Beers 316 -3 Ebes 1580 20 Electrobel 3410 -90 Gb-Inno-Bm 1900 50 Gev 1280 2 Hobok 2415 15 Petro 5110 -30 Ryl Dutch93 words
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Article221 1980-12-18 9 DEC 16 Dm Aeg-Telefunken 72.50B Akzo 14 50B Allz Leben 990.00 -110 Allz Vers ***** 0.5 BASF 124 30 -0.7 Bay H T Wbank 213 00 -3 Bay Vbank 293 00 unch ***** -05 BBC 288 00 unch BMW ***** -25 Cassella 306.00 -4 Chem Verw 237.00 Commcribank 130221 words
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Page 8 Advertisements
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Advertisement165 1980-12-18 8 Where to wine, dine and entertain Get away to Sentosa W e -3T JL T* 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 MOfTOAY—THURSDAY (except public holidays and holiday-eves). For full details of the165 words
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Advertisement171 1980-12-18 8 See Page 4 for Asian stocks lubertuK ®rill For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday $18 10% service charge 3% cess Javanese Rijstafel Saturdav& Sunday Sib 10% service charge 3% cess For reservations call *****77 J («■■mii"\ I 'jii'k Sli<Tiiii >■> Siii|;ii{Nii-«' SMEOA'ON171 words
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Advertisement152 1980-12-18 8 The Great Family Do-lt-Mxirself Barbecue. 'I r w m V L> m 1 Wi m lust choose whit you want and barbecue it Meat seafood salads, sauces Chefs hat and jpron available $20+ (or adults. $14 for each chrfd under 12 Anytme from 7pnvlo 30pm IHIJINC (lAV POTS <>l hisICiHMK152 words
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Advertisement160 1980-12-18 8 Inn Of Happiness &A 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. MM Presenting WILD FANTASY From LONDON Dec 19160 words
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Advertisement182 1980-12-18 8 e a k r* pto t The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear with "The Zodiac" Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome 1 a COCHpIt rJCTH182 words
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BANKING AND FINANCE
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Article476 1980-12-18 9 THE US dollar was basically firm against major currencies as US prime lending rates moved up by another point to reach 21 per cent. After starting off at 206.60 against the yen, the US currency saw considerable support to reach a Tokyo close of 209.90/00. But this height476 words
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Article150 1980-12-18 9 THE DOLLAR yesterday firmed against most currencies and opened here at 2.0070/85 marks against Tuesday's New York close of 2.0040/60, but is still down compared with highs it touched on Tuesday. It also opened higher at 1.8220/40 Swiss francs against the New York close of 1.8150/75 and a late150 words
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Article22 1980-12-18 9 THE average rate 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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Article190 1980-12-18 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Dec 17: U8 DoUara(Spot) Offer Bid 7 days 18 1/16 17 15/16 1 month 221/16 21 15/16 2 months 2111/16 21 9/16 3 months 19* 19 6 months 19Vi 19H 9 months 17 13/16 1711/16 12 months 17 1/16190 words
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Article46 1980-12-18 9 RANGE at prices ottered by discount houses on Dec 17: Overnight: 3% to 7'/«% Call deposits: to V/*% Closiaf Boyiae Selliaf 3-month Treasury bills 613/16 611/16 3-month Bank bills 14 13% 3 months CD 133/16 131/16 6 months CD 13 12% Source: National Discount Co46 words
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Article46 1980-12-18 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $100 million 91-day Treasury bills to be issued from Dec 22 to 24 and on Dec 26. Each tender must not be lor less than $250,000.46 words
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Article440 1980-12-18 9 SINGAPORE gold futures yesterday closed generally firmer compared with overnight levels in thin trading, dealers said. The market opened between US$l to $4 an ounce firmer and thereafter held steady during the morning's trading. Prices rose in late afternoon trading on some local buying interest promoted by the rise440 words
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Article40 1980-12-18 9 New York 1490B 15 35B 15 MS 15 65S Zurich 14.40B 15 10B 14 80S ■aJ 15 SOS Singapore WM 14 SOB lie® 15.30B 15.JOS 15.70S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.40 words
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Article140 1980-12-18 9 THE US dollar for overnight delivery yesterday closed firmer at 209.55 yen, compared with a 208.60 opening and 209.40 at Tuesday's close. This was up from a 208.40/60 closing in New York and 208.45/65 on the US west coast on Tuesday. Trading was moderate with volume US$7B6 million. The140 words
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Article125 1980-12-18 9 A MID-AFTERNOON flurry of commercial orders saw the US dollar firm slightly against major currencies in otherwise thin trading yesterday. The dollar firmed to a late 2.0090/2.0100 marks from an early 2.0063/73 and Tuesday's New York close of 2.0040/60 and to 1.8210/40 Swiss francs from 1.8160/90 and 1.8150/75. It125 words
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Article518 1980-12-18 9 RUTH CHENG - By RUTH CHENG BANQUE National* de Paris (BNP) employees will be (ptting average pay rises of more than 20 per cent backdated to Jan 1 this year. The bank has Just concluded its first collective agreement with the Singapore Bank Employees Union (SBEU), which provides for518 words
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Page 9 Advertisements
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Advertisement42 1980-12-18 9 restaurant t i Steamed Fish with Bean Sauce Don't miss the dining experience of Chinese Hunan Cuisine rl Business Hours: > Daily 11.30 am 2.30 pm 6.30 pm 10.30 pm n. /S3S 8 *!?<*>» l£*"*S rJ 214 Dunearn Road Tel: *****49,*****22 CS\ L*> |CL>.42 words
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Advertisement159 1980-12-18 9 /*£> Va j 5* /A r K v, 2 When you subscribe to Business limes dircctly you save 525 It's like getting 41 issues RFF. Subscribe to Business Times now and get 41 issues free Here's a great opportunity for you to join the increasing number of Business Times readers159 words
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1611 1980-12-18 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 Acma (3.148) Allied1,611 words
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Article162 1980-12-18 10 8INGAP0BE UNIT TBIVT (MiiHlir frtw ter Dee It) The Commerce J-ll >-27 The Savings Fund 1M 1.ST S pore Prog Fund 1* 1.41 S pore Sec. Fund 105 2.15 S'pore Invest Fund 1.B 1.92 S pore Equity Fund 1J4 l.SOxd ASIA UNIT TRUST (MiM|in' prtM (ar One It)162 words
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Article2684 1980-12-18 10 1080 High Low Company Last Sale Gr's Git's Net Div Div Yld P/E Vol Day or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 300 149 180 323* 125 3S2 745 408 610 245 Acma 220 Alcom 116 Allied Choc 138 BAT 203* B&ta 60 Ben2,684 words
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Article1638 1980-12-18 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. INDUBTUALB •J Aim (1MB) Ala mm (1JSB) AMD (0J2B) Bats (3.088 3.165)1,638 words
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Article122 1980-12-18 10 HONGKONG Tfai limited: Fifty-second AGM to be held at the Board Room, 7th Floor, Komplek Kewangan, Jalan Raja Chulan, Kuala Lumpur, on Dec 30 at 10.15 am. MALAYA Glass Factory BM: Nineteenth AGM to be held at 72A Jalan Tampoi, Johore Bahru, on Dec 31 at 12 noon.122 words
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Article, Illustration708 1980-12-18 10 INVESTOBS were treated to B mild rally yeitwtoy aftorbbbb bb share prices retows. lie aews «4 bb laenaM |B I» prime rates to 21 per ceat csased saly b small orni ld in v reitrs cmdotikt as tke warst had already beea dteeaaated aad708 words
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Article598 1980-12-18 10 A LATE round of buying support stemmed an earlier tide of selling on the Kuala Lumpur stock market yesterday. Prices after weakening sharply in the morning, were thus able to recoup a great deal of ground to finish generally on a mixed-to-marginally easier note. Following598 words
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COMPANY NEWS
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726 1980-12-18 11 RIPPLES from the sale of Guthrie Corporation shares by Sime Darby have at least affected one other highly diversified tyre manufacturing group Dunlop Holdings. Following news of the sale, which was announced by Sime Darby group chief executive James %cott on Monday, the726 words
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Article158 1980-12-18 11 SHAREHOLDERS of Singapura Building Society appear to have heeded to the advice of merchant bankers Morgan Grenfell against accepting See Hoy Chan's offer of |2.20 cash per share. Acceptances in respect of only 9,116 shares have been received so far since the offer was158 words
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Article140 1980-12-18 11 MALAYAN Tl> Dredging (M) Bhd: Fourth AGM to be held at Wisma Bunga Raya, 152 Jalan Ampang, Kuala Lumpur, on Dec 22 at 10am followed by an EOGM at 10.30am. o PAHANG Consolidated Company: Seventy-Fourth AGM to be held at the Pahang Consolidated Company, Sungei Lembing, Pahang, West140 words
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In Hongkong...
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Article287 1980-12-18 11 TRADING in Jardtae MathesM 7.5 per cent convertible subordinated unsecured loan stock will expire today, following the close of registration for the stock yesterday. According to the terms and conditions of the trust deed constituting the loan stock, Jardine Matheson Co has determind that on Dec 31287 words
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LATEST RESULT
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Article44 1980-12-18 11 has an- nounced a loss of $1,306 million (profit of $2.48 million previously) for the financial year ended Aug 31, 1960. The loss was suffered on the back of a 18.36 per cent reduction in turnover to $32.77 million ($40.14 million previously).44 words
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Article15 1980-12-18 11 announced a loss of $3,397 for the financial year ended July 31, 1980.15 words
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Article33 1980-12-18 11 has announced an interim dividend of 5 per cent gross (same previously) for the year ended Dec 31, to be made payable on Jan 15 to shareholders registered on Jan 6.33 words
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565 1980-12-18 11 Forecast of profit decline at C C MOTOR group, Cycle and Carriage is expected to suffer a significant fall in earnings for the current year ending Sep 30, 1961, in contrast to the record earnings just achieved. Highlighting C and C's prospects in its latest weekly investment review, London stockbroking565 words
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Article568 1980-12-18 11 TEMEBLOH Rsbber Estates has declared an interim dividend of 3 per cent (1 2/3 per cent adjusted for a one-for-one in March and one-for-two in October) in respect of the financial year ending Apr 30, 1961. The dividend will be payable on Feb 25, 1961 to shareholders on568 words
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Article420 1980-12-18 11 r Current Payment Ex J Date Book* Close Date Total for Total for Payable the year Previous year Aokam Bouatead Boaateadco CiC CCM D Keramat FAN Hone L«oi( Credit Inchcape Inchcape Loan J Cement K am on ting Kemayan K Lanjut K Kampar Kinta Sella. KTPau Malokoft M420 words
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Article229 1980-12-18 11 Company Particulara Ex Date Books Close Alcorn Proposed rights Issue of 2 for 1 Bata #1170 per share NYA NYA Bonus Issue of 1 for 3 Dec 12 Dec 28 C AC Proposed bonus Issue NYA H Leong lad of 1 for 3 NYA Proposed rights Issue of229 words
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131 1980-12-18 11 UK-incorporated Pengkalen has reported a sharp drop in profit for the year ended Sep 30, following much lower tin output. The estimated pre-tax profit of the company before exchange adjustments fell by T9 per cent to £71,000. The profit downturn is mainly attributed to131 words
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Article837 1980-12-18 11 m by HOCK LOCK SIEW CIGAR-PUFFING and profit-churning Brian Chang of Promet (and now of Bo vis SEA) was chugging around in Kuala Lumpur last week keeping up his promise of a greater presence in Malaysia. The mission apparently is to project a more Asean-based and more dynamicby HOCK LOCK SIEW - 837 words
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Page 11 Advertisements
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Advertisement77 1980-12-18 11 Notice to the Holders of c.itoh&co. (h.k.) INTERNATIONAL LTD. SH FEB CENT. GUARANTEED NOTES DUE IM4 Pursuant to Conditions 3(c) dt 3(d) of the above-mentioned Notes, notice Is hereby given that Notes in the aggregate principal amount of US. $1,000,000 were purchased and surrendered to the Purchase Agent during the77 words
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Advertisement87 1980-12-18 11 m The Times Calendar- FESTIVALS '81 Festivals '81 is exquisitely reproduced from 12 Chinese brush paintings in water colour by well-known artist, Low Puay Hua. These paintings of local festivals are specially commissioned by The Times Organisation. Low's expert strokes combined with skillful printing makes The Times calendar a treasured87 words
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Article263 1980-12-18 12 Reuter IRANIAN revolutionary leader Ayatollah Ruhollah Khomeini, apparently fearing factional clashes, yesterday cancelled demonstrations planned for today by radical Islamic groups. The demonstrations, which appeared aimed against Iran's moderate forces, were called following clashes in several cities between supporters of President Abolhassan Bani-Sadr and those of theReuter - 263 words
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Article427 1980-12-18 12 AP SAUDI Arabia's Oil Minister Sheik Ahmed Zaki Yamani was quoted yesterday as saying that oil prices of US$5O per barrel by next spring are "not at all excluded" unless the West reviews its stockpile policy. In an interview with the Zurich weeklyAP - 427 words
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352 1980-12-18 12 RAFFLES CITY (Pte) Ltd will be inviting tenders for a $50 million contract for the construction of the mat foundation and three-level basement of its Raffles City project. Work on the mat foundation is expected to begin in the middle of next352 words
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Article367 1980-12-18 12 NYT THE latest round of increases in US prime rates has raised the probability that a recession will emerge in the US early next year, bankers and economists said. For many companies, the cost of credit will be substantially higher than the prime, and many bankers andNYT - 367 words
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209 1980-12-18 12 THERE is insufficient dialogue between the industrialist in the chemical engineering field and the academicians in Singapore. This is the view of Mr Tan Puay Chiang of Mobil Oil Singapore. He said there are a lot of resources in the industry that can209 words
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Article109 1980-12-18 12 Reuter OPERATING profits of Japanese companies in the thin! quarter of calendar 1980 rose by 7.8 per cent to six trillion yen from a year earlier following a 22.6 per cent second quarter increase, the Japanese finance ministry said in a survey report. The quarterly survey onReuter - 109 words
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Article858 1980-12-18 12 LONDON, Wed. Share prices opened firmer in quiet trading with Davy Corp an early feature after news of the bid by Enserch Corp. Davy Corp jumped by 23p to 173p on the news and then added a further 3p to trade at 176 p. Elsewhere, share prices tended858 words
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771 1980-12-18 12 MARGARET THOMA,SALMA KHALIK - THE ROAD TO PARLIAMEWT By MARGARET THOMA,SALMA KHALIK IN HIS strongest attack against the idea of an opposition for the sake of an opposition, Minister for Trade and Industry Mr Goh Chok Tong accused the oppostion of trying to ruin the economy. He spoke of771 words
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415 1980-12-18 12 CANDIDATES from the United Front, the Workers' Party and the United People's Front were given the opportunity to present their party platform over radio and television last night. The amount of air-time allowed in one language was determined by the number of candidates fielded by415 words
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351 1980-12-18 12 WONG AI KWEI - By V WONG AI KWEI THE Peoples' Action Party has the determination and experience to see the country through tough times. Speaking on behalf of his party, in English over television and radio last night, Dr Tony Tan, the PAP candidate351 words
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Page 12 Advertisements
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Advertisement171 1980-12-18 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 20th December, 1983 of: THE SUMITOMO BANK, LIMITED Ground Floor. DBS Building 6 Shenton Way. Singapore 0106 We hereby certify that the rate of interest pay able on the above-mentioned Certificates of Deposit for the Interest171 words
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Advertisement37 1980-12-18 12 <^AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA^S> 5 SEND FLOWERS THROUGH INTERFLORA MEMBERS I FOR EVERY OCCASION w m M ANYWHERE IN THE WORLD. Discount Coupon A 10% Discount will be given on ALL INTERFLORA ORDERS Through any INTERFLORA MEMBER EXPIRY DATE: 1-1-198137 words
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Page 12 Miscellaneous
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Miscellaneous66 1980-12-18 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Occasional showers in many places from late morning onwards. Report for 24 hours prior to 7.39 p.m. on December 17 at the airport. Maximum temperature 31.0 Associated humidity 72 Minimum temperature 23.6 Associated humidity 95 Hours of sunshine 9.45 Rainfall66 words
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SHIPPING TIMES
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297 1980-12-18 13 Reuter DEVELOPING countries of Asia and the Pacific need to take measures to deal with far reaching implications of development of alternative energy resources on their maritime industry. United Nations Economic and Social Commission for Asia and the Pacific (Escap) deputy executive secretaryReuter - 297 words
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544 1980-12-18 13 JAN LEE - By JAN LEE SAUDI Arabia is shopping for technical assistance to operate two floating docks of 40,000 dwt capacity, which it has ordered for its ports of Jeddah and Dammam. This was revealed by the president and chairman of the Port Authority544 words
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PORTSIDES
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Article103 1980-12-18 13 AFP INDONESIA has decided to put its main sea ports on a 24-hour fully operational basis in an effort to cope with increasing cargo traffic. A decree of the Minister of Communications dated Dec 13 lists the ports as Belawan (North Sumatra), Teluk Bayur (West Sumatra), TanjungAFP - 103 words
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Article72 1980-12-18 13 Reuter FREIGHT CONFERENCES covering trade between Europe and Japan, Hongkong, the Philippines, Sabah, Brunei and Sarawak announced a reduction in the currency adjustment factor (CAF), applicable from Dec 20. For trade from West Germany and Benelux countries the CAF has been revised down to 43.50 per centReuter - 72 words
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Article49 1980-12-18 13 Reuter THE Bank Line Ltd of Britain will introduce a container and break bulk service between Kobe, Yokohama, Keelung, Hongkong, Durban, Cape Town and Maputo, effective Jan 1. Announcing the service, Bank Line agent Dodwell Shipping Ltd said it will operate on a monthly frequency. ReuterReuter - 49 words
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Article69 1980-12-18 13 Reuter THE British government announced on Tuesday the award of 42 licences for oil production in the North Sea and said it envisaged 100 more wells being drilled in the next six years. The Minister of State at the Department of Energy, Mr Hamish Gray, told the HouseReuter - 69 words
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Article660 1980-12-18 13 ShlpptagUae CM Shipping Liae P»«e C«l Adriatic Afea Afro-Eurasia All trans Alpac Angkutan ANL Antoll APL Achipelego Argentine ASCL Asia Merchant Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Ben bulk Blue Diamond Blue Funnel Blue Star Burmese CAVN-FMG Ceylon Shpg China Nav China Ocean660 words
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Article948 1980-12-18 14 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) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following periods.948 words
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Article1438 1980-12-18 14 FREIGHT activity appeared mainly confined to the timecharter section on Tuesday with a 25,000 tonner booked from South Africa to the Continent at U559,950 daily and a 27,000 tonner for similar business at $10,000 daily. A 14,000 tonner from Cons Lanza to Dacca-Douala range received $5,500 daily, while1,438 words
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Article435 1980-12-18 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barber Tonsberg (ro/ro) 1400 after Nedlloyd Simonskerk shifts, must starboard a/side) 46/47 Dong Bee (0530 after Izhma sails) 23/24 Izumi Maru (2359 after Bunga Gelang Poyang) 44 Kota Perwira (after Adhiguna Karya) 10/11 Lanka Sagarika (1900 tide, after Izhma sails) 24/25 Lumut435 words
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371 1980-12-18 15 Reuter EGYPTIAN President Anwar Sadat opened the Suez Canal to supertankers on Tuesday following the completion of a US$l.3 billion project to widen and deepen the 108-mile waterway linking the Mediterranean and Red Sea. He watched from the bridge of the presidential yacht Horiyah,Reuter - 371 words
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327 1980-12-18 15 INCREASING demand for ro-ro facilities at the Port of Oslo has resulted in the installation of a Navire Cargo Gear linkspan. It has provided not only a swift 'and more than adequate solution to Oslo's problems but it offers longterm flexibility too. The popularity327 words
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142 1980-12-18 15 HAPAG-Lloyd Trans-Pacific Service has added seven new inland points to its Micro-Express service. These additions bring to 19 the number of cities served by Micro-Express in the United States. Mr Gerd Gielessen, Hapag-LJoyd representative in Singapore, said the new Micro-Express inland points are142 words
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144 1980-12-18 15 AFP FOUR 27,000-dwt bulk carriers are to be built in China for Hongkong's Green Island Cement Group of companies. The orders were placed with the China Corporation of Shipbuilding Industry. The first of the vessels is scheduled to be delivered 18 months from now.AFP - 144 words
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859 1980-12-18 15 P I looks at problems in India and Venezuela IN its recently-released 1980 annual report, the West of England Ship Owners Mutual Protection Indemnity Association points to a number of port conditions and customs procedures in Venezuela which are continuing to be a source of some concern. The club notes859 words
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176 1980-12-18 15 TRADE unions at Nedlloyd and Koninklijke Nederlandsche Stoomboot Maatschappij (KNSM) have asked the Dutch Mergers Commission for more time to consider the implications of merger proposals announced a month ago. The unions are now expected to come up with their findings on Dec 23176 words
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2229 1980-12-18 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 of2,229 words
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Article456 1980-12-18 20 Medltterraiieaa: Ibero Lines of Madrid are looking to increase the coverage of their Mediterranean Africa Container Line within Italy. The 3,060dwt Silvia Maria del Mar recently initiated regular calls at La Spezia and the company intends extending the service to include Genoa and Naples. Novomar of Genoa and456 words
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703 1980-12-18 20 Lloyds List THE only way the United States will be able to compete with Australia in selling steam coal to Japan, Korea, Taiwan and Hong Kong is for it to be exported from west coast ports, a government official toldLloyds List - 703 words
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Article134 1980-12-18 20 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. Neptune134 words
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306 1980-12-18 20 HOWARD Doris, a UK construction company believes it has a design of semi-sub-mersible drilling oil production rig which can undercut prices of Far Eastern yards. The design has several unusual features, including hulls and supporting colums of concrete rather than the conventional steel, and306 words
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169 1980-12-18 20 Reuter THE US Justice Department urged the Commerce Department's maritime subsidy board to change interim regulations that prohibit US tanker operators whose vessel construction has been subsidised by the government from operating in domestic ports. Under existing law, vessels whose construction has been subsidised byReuter - 169 words
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Page 13 Advertisements
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Advertisement411 1980-12-18 13 mi-swift A great name in tire fighting Sole Agents: Borneo Sumatra Trading Co (S) Pte Ltd Approved SFB Service. Tel: *****35 w n J AR DIM AN I AH aSEALORDiI V Orient Overseas Co*ilci*ieA Line FULLY CONTUOBED SERVICE TO EUROPE (VIA SUEZ) UASC UNITED ARAB SHIPPING CO (SAG) LCL 21/12411 words
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Advertisement16 1980-12-18 13 CONTAINER Scbedaics LONDON Freights SHIPS la Part SHIPPING List REGIONAL Weather WORLD Services VD I B16 words
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Advertisement704 1980-12-18 13 <tcrtan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS Agents: Ij UWPACIFIC TIMS A TRADING AGENCY Pit 111. Tel: *****4 (5 lines) SINGAPORE MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: ILS. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS rtKel&ng Penang J.'m I '.'J iv r.'j; IA rr MS r*i704 words
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Page 14 Advertisements
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Advertisement998 1980-12-18 14 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 Uu Acceptug For: 1) Barcelona Genu. 2) Amsterdam, Antwerp, L Havre. Bilbao. Basle. UK. 3) Bremen. Bremenhaven Aarkus Copenhagen. Helsinki 4) Mai mo.998 words
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Advertisement321 1980-12-18 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA ft Itel fcta I tSTOK I CM Man dsta B more N Tort Boston St Mr NOn •27/12 •il/1 MM accapMg ffm to CMRKJM m MAM Ma Uttor+fCl CmUwi mtj Sart Chitn B more N Tat Boston St Mm321 words
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Page 15 Advertisements
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Advertisement385 1980-12-18 15 Overseas Containers Limited Weekly service to/from UK/Europe TAROSHP SERWCE TO UK/CONTRgNT: SINGAPORE MANSfIELD CONTAIER SMPPMG PTE LTD *****1 K LUMPUR CONTAIfR AGENCES 4M544. P.KELANG 3M006/S PENANG BOUSTEAO SHPPMG AGENCES SON BHD *****1/3 Australia Straits Container Line (A member of ANRO) W HO CONTAMERSHP SEWWCE TO/PIMM AUSTRALIA P Ktiani K. Luniu385 words
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Advertisement225 1980-12-18 15 Franco Belgian Services (Fur Fast Frc.ich Service u-ith Bt Igian >'iir Fiisttrr. Lines'* ACf CONSORTIUM C.M.C.R I AST fMENCH SERVICE mrmSrr o* mF D CLUO) Seatrain Pacific Services SINGAPORE ENQUIRIES ******4 CES *****41 Termmal *****J6 Optorg Shipping Pte. Ltd. Kuala Lumpur *****3 Port Kelang 7001/2 Pataling Jaya *****3 Panang *****225 words
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Page 16 Advertisements
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Advertisement838 1980-12-18 16 Vi TO NORTH EUROPE Fert Flmt Dipt* LnrtrpM Bay Hanbw| Eipreti Xatugi Mm L»P B»» TO MEDITERRANEA ChmfcrDtß* Hapag-Lloyc S pore P Kelang H'burg B'ha»en Rdam, le Hai Antwerp In Port 9/1 11/1 12/1 15/1 20/12 21/12 11/1 9/1 27/12 29/12 20/1 22/1 23/1 25/1 3/1 5/1 25/1 27/1 28/1838 words
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Advertisement612 1980-12-18 16 LINE KOREA SH,mNG P. Keljnt PENANG VEGA 155* 29-31 Dec 25-29 Dec CORPN STORE 1/4 Jan tl FROMBUSAN BANGKOK VEGA 156E 29-31 Dec 25-29 Dec 1/4 Jan 81 TO BUSAN ALTAR 159W 7-11/1 ALTAR 160E7-11/1 16-19 Jan SI FROM BUS AN BANGKOK 16-19 Jan tl TO BUSAN KSC KSC KSC612 words
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Advertisement486 1980-12-18 16 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTWG CARGO FOR: HAMBURG. FELIXSTOME. ROTTERDAM. ANTWERP. LE HAVRE AISO ACCEPTMG CARGO FOR: UMTED' lUNGOOM SOUTHAMPTON. "LOICON. MANCHESTER. BIRMINGHAM BRISTOL, LIVERPOOL. GLASGOW. LEEDS .WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM *«Mtr4w F (faitowt Mmi Li Hawt Ewr *t* 24/12 WM U/01 U/«t 21/11 22/11486 words
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Advertisement1049 1980-12-18 16 5 M B«rrm Five Star Shippinf Corpn. s JBk "BURMESE NATIONAL LINE" I fi LOADING FOR RANGOON i 77/31 DK »/Jl Dec m 3s«« PACM 24/* OK 27/31 OK HTOHnH 27/MOK 29/31 OK msMVikirm i/iim B.F S.S.C Ao*rrt» m Malaysia BOUSTEAD SHPHNG TEL NOS KL *****2/*****9 Compania Arfantina Da .T(IPI>1,049 words
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Advertisement546 1980-12-18 16 /II OCEAN SHIPPING ENTERPRISES PTE LTD gdl SANKYO LINE AUSTRALIA SERVICE Stogapre P. Kelang Laadtog tar: X 6/1 Jan 9/11 lan SYD. MEL ADEL JAPAN/STRAITS SERVICE SMGAPORE TU 22*1144/7 A *****70 K IINTUt HI *****4 *****4 COKTUO BOOMS OCEAN SMTPW STORE TU *****44/7 MiMi comma t RUNS m U47.1973/4 9B546 words
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Page 17 Advertisements
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Advertisement867 1980-12-18 17 onirrmu I *uj 4. PIL GROUP EAST AFRICA/REDSEA SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES KOTABUANA. KOTARUKUN. KOTA RAJA 5/10 Jan 25/30 Dac lnPt/20 Dac Loading For Chittagong, Madras Rangoon Rangoon SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES KOTA BERKAT. KOTA ANGKABA. 29/31 Dae SINGAPORE/INDONESIA/SINGAPORE SERVICES KOTAPERWIRA 2S/31 Dac -JAKARTA KOTA SINGA KOTAPAHLAWAN 27/31 Dac CIREBON KOTA JADE KOTA867 words
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Advertisement898 1980-12-18 17 IJV: BEN LINE f CONTAINERS i EXPRESS CONT MO SERVICE TO/FROM EUROPE Imv MM La^ißsr Png Htm Bhi<c«i Rt*m Hjtt» UK Em* Act 24/12 Un*sMß>| 20/1 22/1 21/1 25/1 1(/1 USm VI Imi Nn 1/2 5/2 1/2 1/2 1/2 GMry Act 1/1 lirp Bit 12/2 14/2 IV2 17/2 10/2 FBOMEMCTE898 words
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Advertisement879 1980-12-18 17 fl li I' 1 $1 i At A fi Scan Dutch WEEKLY EXPRESS CONTAINER SERVICE Span i)ITM«K2)r«Mi3)lfta(4)C-ta| 21/12 7/1 13/1 21/12 7/1 12/1 13/1 14/ JO/12 14/1 1»/1 28/1 a/} «/l 21/1 24/1 27/1 24/1 13/1 21/1 2/2 3/2 i/2 1) Barcelona Sum*. 7) Amsterdam Antwerp. l« Hawe B*aa S"879 words
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Advertisement604 1980-12-18 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION I SOUTH AFRICA SINGAPORE •to Reunion Durban Capetown Pt Eliz BEAVER BANK Sid 22/12 30/12 6/1 9/1 A Vessel 13/1 22/1 30/1 2/2 5/2 (also accepting Cast London and Maputo cargo) Lines U.S. WEST COAST SERVICE Direct iron SfO Lbcti NANCY LYKES SM604 words
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Page 18 Advertisements
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Advertisement959 1980-12-18 18 "K line KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA rro FTEDOI WCSSELS* f* V MOT** KSSEIS TK LA SE NY AVetul 21/12 teHn 1/1 22/1 Warn Hani J/1 22/1 tapan Mm* 13/1 5/2 Fai* ki 02* 22/12 20/12 Am Mam 12/1 22/1 tapan Apefc 1/1 11/1 tapan959 words
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Advertisement605 1980-12-18 18 CAUFORMA/PACffIC NORTH WEST SERVICE EXPRESS CONTAMER/REEFER SERVICE Lm*« tar LOS MBELO. SAN FIMCSCO. SEATTLE, TACOMA. VANCOUVER, B C Acc** Ftt/FQ Man AUSTRALIA EXPRESS CONTAMER SERVICE kcc** fa/ra PMN Sure Bn MM Sf* fi* IJ- 13 J» 14 lan 25 lw 21 Im 3ft It ftb r lIM UM »F* 3605 words
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Advertisement505 1980-12-18 18 S 9/\(>roui> SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL 9131 It tl4 LINES. TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6B A B CARSMIP CABLE CARGOSHIP Gpli lte«|ional L»iit;iiiier Lines WEEKLY CONTAINER SERVICE to/from BANGKOK STUXXMMM) STtDGt DIAMOIO STMO DMMON) STMO505 words
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Advertisement576 1980-12-18 18 BGRANARD LINE INDEPENDENT A TTRACTIVE RA TBS MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINEK CARGO PCL OSLY FOR. PORT SAID. ALEXANDRIA. BEIRUT. LATTAKJA LJMAS SOL. ISTANBUL PIRAEUS Specially engaged agents A stevedores providing immediate discharge HAM SMG V.4M- C*« Nrt Said. hW Lattatoa mt, ALL OWNED VESSELS GRANARD SHPPWG AGENCES (S)576 words
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Advertisement733 1980-12-18 18 INTRASEA (PTC) LTD Faber House 234E Orchard Road Singapore 9 Telephone *****11 '235-1057 REGULAR IftIEPEMCTT SERINCE TO EMOPE Spore f Kataw Pmm l#aden Mr 24D«c 27 ST UK(AVON) Agent* Saigapere MTRASEA (FIE) 110 *****11 WOKMG *****57 ft imp*- YEO SMTPMC I TtAOMG *****4_4»742, 4»87l Penang WTO OVERSEAS MMBTN* SON *5054733 words
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Page 19 Advertisements
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Advertisement520 1980-12-18 19 TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia N GARNET S'pore Closing Times. FCL Cargo 1200 23/12 LCL Cargo 2359 22/12 FROM EUROPE (VIA SUEZ): TO AND FROM AUSTRALIA: JAKARTA SINGAPORE. PENANG...... BRISBANE.... SYDNEY MELBOURNE. BURN* ADELAIDE..... FREMANTLE. Also accepting cargo to/from Bangkok and E. Malaysia Carriers' option to520 words
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Advertisement172 1980-12-18 19 KORINS MARITIME SERVICES >" Room 601. ICB Building. Shenton Way. Singapore Tel: *****22 *****67 MIDDLE EAST/RED SEA/£UROPE SERVICES SAM ICK LINES A mtmOef of me Samtk Group oi Com panes UNERSfRVCE FROM KOREA TAIWAN HONG KONG TO SINGAPORE Mm Bum Kttta( H.Kont Sport SAM ICK *.12 S Doc 10 Doc172 words
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Advertisement350 1980-12-18 19 0 NOTICE r i TOKO UNE M.V. "TIMBER SI MATRA" V-l utIVNI t-IMM *i JifMt P»rt Consignees of all damaged cargoes ex the above captioned vessel are notified that the General Survey will be held 011 Friday, 19th December. 1980 at Jurong Port Godown No. 1 from 10.00 am to350 words
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Page 20 Advertisements
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Advertisement260 1980-12-18 20 MALDIVE LINES ETA KUANTAN ETA PORT KELAN6 MALDIVE INDUSTRY Sailed Loading tor Chittagong/Madras MALDIVE PEACE In Port Loading for Dubai/Kuwait MALDIVE MAGE 20/12 Loading For ieddah/Djibouti MALDIVE LOYALTY 25/12 Loading for Hodeidah MALDIVE SEAFARER 30/12 Loading for Jeddah MALDIVE PIOHER 30/12 Loading For Jeddah FOR BOOKINGS ENQUMES PLEASE CONTACT: SMGAPORE260 words
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Advertisement369 1980-12-18 20 WEEKLY SERVICE TO MALE GLOBE LINE LTD Weekly Service to Male, Maldive Islands via Colombo SPORECOLOMBO MALE ETD ETA ETD ETA Globe v. 4 19/12 21/12 26/12 ms "SUNE S." v. 4 29/12 Globe v. 5 23/12 29/12 2/l/-81ms "SUNE S." v. 5 5/1-81 Globe 6 30/12 4/1 9/1 ms369 words
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Advertisement319 1980-12-18 20 NOTAS LINE 1 mura Regular Express Service^^ TO MIDDLE EAST MV PORTS SPO« PKIAAC PtHMC lONIAN SKY Dubai, Bahrain In Port Dammam A VESSEL Abu Dhabi. Dubai. Bahrain. Dammam. 5/1/81 11/1/81 12/1/81 Ajwts SPOW NOTAS PTi HO Hi 7949M4 S l.wv Tu US 3336/ P* MAHMOOC AMBAft 4 SONS SDN319 words
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Advertisement353 1980-12-18 20 D»ect B/Ls to Adelaide Metoourne Sydney, finsbane Independent FCI Contajnef/Coventkmal/Timber Lner Service Pod Sol Droti-f Sol Tula* Sol DroH Sol Tula "Sitapore Dec 27 Jan 7 Jan 31 Feb 12 Port Kelanf Dec 31 Jan 10 Feb 3 Feb 15 IMb (Geetont) lan 12 Jan 25 Feb II Mar 2353 words
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Advertisement201 1980-12-18 20 PERKAPALAN LAUTAN BIRU SDN. BHD. P O Box 220. Kcrta knabaki. Sabah REGULAR UNER SttVO Sabah Sarawak Bangkok Singapore Port kelang Agents: M'sia: Port Kelang: SEALION SHIPPING (M) SDN BHD Tel *****4. *****4 *****1 Tlx MA***** Penang: SEIAMA SHIPPING TRANSPORT SDN BHD Tel *****1. *****2 Tlx MA***** P. Gudang: NORDIN201 words
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Page 20 Miscellaneous
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Miscellaneous170 1980-12-18 20 Regional Weather n Wl a a 2* t I M mm I .5 IK °C v ~y win< Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather 1 w >nd direction with speed in170 words
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