The Business Times, 23 December 1980
1980-12-23
1
20
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The Business Times
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Title Section9 1980-12-23 1 BUSINESS TIMES No. 111/1/89 TUESDAY, DECEMBER 23,1981 50 CENTS9 words
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BRIEFLY...
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Article64 1980-12-23 1 Reuter TOKYO, Mon. Iraqi oil still flowed out of the country through Turkish, Syrian and Lebanese pipelines, Iraqi Oil Minister Tayeh Abdul Karim said today. He said other Arab nations, including Saudi Arabia, Kuwait and the United Arab Emirates were supplying about 90,000 barrels per dayReuter - 64 words
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Article64 1980-12-23 1 Reuter NEW DELHI, Mon. Five people were shot dead and several others wounded when police opened fire to disperse anti-immigrant agitators in India's north-eastern state of Assam, the Press Trust of India (PTI) reported. The news agency said three people died in Rangiya town where a hugeReuter - 64 words
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Article68 1980-12-23 1 LISBON, Mon. Social Democratic Party chief Francisco Pinto Balsemao, 43, was designated Prime Minister today to form a conservative coalition government Portugal's 13th since the 1974 revolution restored democracy. Mr Balsemao, a moderate who was chosen as leader of the dominant Social Democrats and the ruling three-party Democratic68 words
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Article79 1980-12-23 1 Reuter BEIJING, Mon. Shanxi province, China's leading coal producer, has set up a coal company and is selling coal direct to Japan, the Philippines, Singapore and Thailand. China is looking to coal to boost foreign currency earnings after disappointing results from its oil fields. Most of theReuter - 79 words
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Article62 1980-12-23 1 AFP KUALA LUMPUR, Mon. The Tourist Development Corporation will spend M 549.5 million under the Fourth Malaysia Plan to attract more tourists to Malaysia. The parliamentary secretary to the trade and industry ministry, Rahim Thamby Chik, said the money would be used to improve basic amenities atAFP - 62 words
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Article89 1980-12-23 1 UPI JAKARTA, Mon. Indonesia's inflation rate for December is expected to stand at less than 1 per cent, bringing the inflation rate for 1980 below 17 per cent, national logistics chief Bustanil Arifin said today. He said December's inflation rate is expected to be sharply lower than November'sUPI - 89 words
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Article78 1980-12-23 1 Reuter JERUSALEM, Mon. Israeli defence chiefs told Prime Minister Menachem Begin today that a cabinet decision yesterday to slash military spending by a quarter threatened disaster for Israel's army and arms industry. The Chief of Staff, Lieutenant-General Rafel Eitan, and Deputy Defence Minister Mordechai Zipori, backed byReuter - 78 words
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Article140 1980-12-23 1 Rises M U I 1400 110 Straits Trading 1340 110 Pegi Maia 1240 90 Hong Leong Ind 420 54 Perlia Plant 645 45 C Properties 350 40 Magnum Corpn 1650 30 Gentinga 845 30 Oriental Hldga 575 30 DBS 630 25 Falls C C M 540 -25140 words
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Article, Illustration151 1980-12-23 1 Rises S Trading 1420 130 M U Ind 1540 120 HLInd 450 70 Berjuntai 1390 70 Sel Prop 1500 +60 DBS 680 50 Per lis 675 45 Isl A Pen 900 40 Magnum Corp 1740 40 P Bank 730 35 Genting 880 +an OCBC 1220 30 A Hltam151 words
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Article591 1980-12-23 1 FONG MEW LENG - TWO U.S. COMPANIES COMING By FONG MEW LENG SINGAPORE'S intense efforts to develop the computer industry is beginning to bear fruit. Two US companies recently revealed plans to produce computers here. The main attractions for them to set up plants in Singapore are the investment591 words
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Article275 1980-12-23 1 HIGHER earnings from Malaysian subsidiary Century Gardens helped propel Malayan Credit into the black for the interim period ended Sep 30. Group pre-tax profits rose to 11.93 million compared with losses of $542,000 in the previous six months. Malayan Credit said yesterday the improvement was275 words
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Article485 1980-12-23 1 MALAYAN United Industries (MUI) announced yesterday that formal approval has been given to its special issue of 21.77 million shares to bumiputra investors at $4.50 per share. At the same time, MUI also disclosed that it will acquire the luxury Federal Hotel in Port Dickson from485 words
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Article345 1980-12-23 1 LOYTAPE Bhd has proposed to take over four companies from its parent, Central Securities, for MJB.B million, thereby confirming market reports that a major restructuring of both companies is underway. The purchase consideration will be satisfied by the issue of an estimated 8.92 million new Loytape shares. This345 words
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285 1980-12-23 1 THE spotlight shone on quality stock* at the Singapore stock exchange yesterday and (or the second eonsecotlve session, the Straits Times industrial index scored a gain of close to 1« points. Buoyed by the sharp rise in Straits Trading, the hey barometer of285 words
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468 1980-12-23 1 FOO CHOY PENG - By FOO CHOY PENG SIN GAP O R E manufacturers look set to go on an aggressive promotion of locally made goods in the overseas market next year. They have set their eyes on at least two areas New Zealand and West Asia468 words
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Page 1 Advertisements
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Advertisement16 1980-12-23 1 11 m: ir:n^' r Singapore's. Business Times Yi» I DIRECTORY atyour of Rngertips Singapore (Buku Merah)16 words
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Advertisement132 1980-12-23 1 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8,000 words each There is a dual132 words
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Advertisement72 1980-12-23 1 mm SHIPPING TIMES MANUFACTURER CMnpUlas geaeral rlwtlww about meddling by politicians.... 2 CHANGING Image of InternaKL to accelerate bunipntra tlonal Business Machines 7 participation In Industry 3 MALAYSIA acts to control OECD forecasts weak recovery money supply 9 for member countries— 5 JAPAN rejects demand for ROUNDUP of tbe Singapore72 words
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Advertisement37 1980-12-23 1 RICOH Plain paper copiers Preferred by offices worldwide CALL *****5. Wywy Private Limited Wywy House, 17 Ler»g Kee Road, Singapore 0315. Leader...page S THE Ptwnium Blend Created Perfected and backed by over 125 years of blending experience.37 words
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TRADE AND INDUSTRY
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149 1980-12-23 2 PROFESSOR Michael Porter, associate professor of business administration at the Harvard Business School, will conduct a seminar in Singapore from Feb 13 to 16. Entitled Shaping Industry Based Competitive Strategy, the seminar will deal with the latest concept in American business and will be149 words
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270 1980-12-23 2 NEXT month promises to be a 'woody' month as a conference and two international exhibitions on timber processing and woodworking, as well as furniture, machinery and accessories will be held. The theme of the conference, '81 Asian Wood Products, is increasing270 words
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605 1980-12-23 2 RICHARD SEAH - By RICHARD SEAH A LOCAL manufacturer of radiators and industrial cooling systems has complained that its share of the Asean market is being eroded by "politicians meddling in business". Mr Ramesh Dolwani, .director of Cooling Systems and Flexibles, said his605 words
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260 1980-12-23 2 SIOW LI SEN - By SIOW LI SEN GARMENT manufacturers in Singapore must go into the high fashion end of the market if they are to survive the competition from other Asean countries where labour costs are much lower, said Mr Quek Chin Tiong, managing director of Majestic Industries.260 words
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Article100 1980-12-23 2 HYATT Regency Singapore has appointed Mr Edwin T»y Keng Hut as restaurants manager. Mr Tay has been with Hyatt since its opening in lSrn. He first joined the hotel as a waiter in Hugo's. After many years of service, he rose from waiter to catering manager to100 words
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Article, Illustration96 1980-12-23 2 BOEING has come up with a more efficient aircraft to help offset rising fuel prices and other operating costs. This larger jumbo will be ready in 1983. The first extended upper deck Boeing 747 (atove) will be delivered to Swissair, which is the first airline to96 words
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Article, Illustration365 1980-12-23 2 A SEMINAR on Danish medical and hospital equipment will be organised in conjunction with Medic-Asia '81 by a team of exhibitors from Denmark. It will be held at the World Trade Centre on Jan 28. The participation -of the Danish team365 words
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Page 2 Advertisements
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Advertisement244 1980-12-23 2 factory representative for south EAST ASIA STIHUS.E.AJPTE LTD Unit 1003. 10th Floor. Tan Boon Liat Building. Outram Road. Singapore 0316 Tel *****47 (3 Lines) Cable STIHLSEA Telex RS ***** GLOBE TRAWLERS F. ft L SCHNEPPE BOOTSBAU GMBH Aim Str. 10,0 8580 Bayreuth, W. Germany invite application from suitable shipbuilders to244 words
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REGIONAL
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414 1980-12-23 3 UPI PRESIDENT Marcos has ordered the dismantling of military tribunals trying civilians as a step towards lifting martial law next month. As the President spoke in a nationally televised address on the 45th Armed Forces Day Manila newspapers reported that suspected Muslim rebels tossedUPI - 414 words
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THE REGION IN BRIEF
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Article449 1980-12-23 3 THE United Arab Emirates has agreed to increase crude oil supplies to India in 1981 to 1.5 million tonnes from one million tonnes in 1980, official sources said. The UAE has also agreed to consider suitable longer term arrangements for increased crude oil supplies to India.449 words
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397 1980-12-23 3 AFP THE Japanese economy is in for a "steady, albeit moderate, domestic-demand-led recovery" in the next 18 months, the Organisation for Economic Cooperation and Development (OECD) said yesterday. OECD's* year-end report said Japan's gross national product at market prices is expected to expand by 5AFP - 397 words
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Article172 1980-12-23 3 AP CHINA'S Airline, CAAC, will begin the first US-China air service in 31 years on Jan 7, the Beijing Daily reported. The paper said the 15,900km weekly flights to New York would include stops in Shanghai and possibly Tokyo. Flying time would be 17AP - 172 words
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Article201 1980-12-23 3 AFP AN AUSTRALIAN electronics firm which bought supplies of video computer games in Hongkong rather than through an Australian agent has been restrained by the Victorian State Supreme Court from selling the goods. This case may have farreaching implications for electronics companies inside and outside Australia, dealingAFP - 201 words
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Article110 1980-12-23 3 AFP THE Bangladesh government has stepped up efforts to implement the Ruppur nuclear power plant project and close contact is being maintained with the French government in this regards, State Minister for Science and Technology R.A. Ghani was quoted as saying. Official Bangladesh News Agency has saidAFP - 110 words
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297 1980-12-23 3 Reuter JAPAN'S crude oil imports rose in November by 12.1 per cent to 133.62 million barrels from 119.20 million in October. But this is still a sharp 15.6 per cent drop from 158.32 million a year ago, the Japanese Ministry of International TradeReuter - 297 words
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401 1980-12-23 3 AFP PRIME Minister Hussein Onn of Malaysia will announce the transfer of the government's holdings in various ventures to the national investment corporation, Permodalan Nasional Bhd (PNB), on January 9. The PNB was incorporated to accelerate bumiputra participation in trade and industry to meetAFP - 401 words
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340 1980-12-23 3 AFP CHINA has formally admitted for the first time that the late Chairman Mao Zedong made a mistake by personally launching the Cultural Revolution. This admission was made by a special commentator in a long article in the People's Daily when commenting onAFP - 340 words
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Page 3 Advertisements
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Advertisement1643 1980-12-23 3 Mr <r Indian Engineering Industry Capacity And Capability Indian engineering industry has made rapid strides in recent years, and its diversity and sophistication have won international acclaim Our engineering enterprises are in a position to offer engineering goods as good as from developed countries, within relative low-cost economy, but with1,643 words
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RAW MATERIALS
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408 1980-12-23 4 Reuter THE INTERNATIONAL Pepper Community (IPC) is preparing to negotiate a pepper agreement with consuming countries, mainly the US and Europe, with the aim of stabilising the currently-depressed price of the spice. This follows the decision of Brazil to apply to join the body,Reuter - 408 words
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96 1980-12-23 4 Reuter. JAPANESE production of magnesium ingots slowed in the first half (April to Septmeber) of fiscal 1980, reflectng stagnant domestic aluminium demand, the Japan Light Metal Association said. First-half output fell 12.9 per cent to 4,972 tonnes from a year earlier, while domes- tic demandReuter. - 96 words
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Article299 1980-12-23 4 THE SINGAPORE rubber market yesterday opened slightly lower and then fluctuated narrowly in quiet trading. The morning session closed slightly higher with January One RSS buyers quoted at 288.50 cents a kilo, up half a cent from last Friday's close. In the afternoon, some pre-holiday short-covering and China's acceptances299 words
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Article314 1980-12-23 4 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b 284.50 285.50N 285 00 286 00N Int. 1 R.S.S. January 288.50 289 00 289 25 289.75 Int. 1 R.S.S. February 294.00 294.50 294.75 296.25 Int. 2314 words
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Article111 1980-12-23 4 NOON SSR ai >d SMR price* yesterday: RAS Jaauary February (Current Mtb) (Forward Mtb) SSR 20 Buyer* Sellers Buyer* Sellar* (1-too pallet) 246 00 247.00S 248.00 250.00N SSR SO (1-ton pallet) 242.50 243 SON 244 50 246.SON MRELB SMR CV (1 ton pallet) 295 50 297.50N 299.50111 words
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Article36 1980-12-23 4 Rubber: Dec 22 Singapore: January: 289.25 cents (up 1.25 cents) Malaysia: January: 301.00 cents' (up 1.75 cents) Tin: M$ 1,928 (unchanged) (equivalent to $31.88 per kilo) (unchanged) Official offering: 256 tonnes (up 24 tonnes)36 words
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Article81 1980-12-23 4 THE STRAITS tin price in Penang yesterday was unchanged at M 51,928 a pieol (equivalent to $31.88 a kilo) from last Saturday, still $217 below the International Tin Agreement ceiling. The lower levels attracted contlnoed strong baying interest from all sources despite the heavier disposals of tin ore81 words
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Article174 1980-12-23 4 CHINEBE Preface Exekaage, Stagapare, (Mag prion per IN kg yesterday. Cmmml «II: Bulk fob $140.00 sellers, old drum (in second hand drum) fob $152.00 sellers, new drum fob $160.00 sellers. Capra: Mixed (looae) $77.00 buyers. Pepper: Muntok white pepper fob Asta NLW $425.00 sellers, Sarawak white pepper faq174 words
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Article193 1980-12-23 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yarn: China Blue Phoenix 20b 2,035 32s 2.700. 40s 2,954 (per bale of 400 lbs). Piece gsili: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article325 1980-12-23 4 SINGAPORE: Yesterday's closing prices in S$ 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 0.73.325 words
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Article879 1980-12-23 4 COFFEE: Robusta futures yesterday closed a quiet morning trading session slightly steadier with gains from Friday of £4 to £16 a tonne. An exception was near January, down £3. The turnover was 172 lots including six options. Dealers said light commission-house buying that lent some opening support continued879 words
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Article123 1980-12-23 4 VALUES on the Malaysian palm oil market yesterday ruled firmer in very quiet trading ahead of the Christmas holiday, dealers said. In the Central region, January rose M 17.50 to $972.50 a tonne while December in the Northern region was traded at $990. The refined market was featureless123 words
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ASIAN STOCKS
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530 1980-12-23 4 TOKYO SHARE prices yesterday closed mixed on profit-taking after a higher opening prompted by the steadiness on Wall Street and the yen's rise against the US dollar, dealers said. The market average fell 9.73 to 7,050.79 in quiet trading with the volume 260 million shares,530 words
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Article341 1980-12-23 4 Source: THE LACK of a local interest rate hike during the weekend caused yesterday's stock market to jump sharply upwards. Aftder a quiet opening, the market strengthened and continued to gain ground throughout the morning. Big gains were made across the board but blue chips remained the centre ofSource: - 341 words
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Article371 1980-12-23 4 STOCKS yesterday ended subdued as another rise in US prime rates coincided with the start of a traditional pre-Christmas lull, dealers said. Uranium issues outperformed most of the market, led by Queensland Mines and Kathleen Investments which rose 50 cents each to AIU.OO and 18 respectively while Pancootinental added371 words
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Article262 1980-12-23 4 STOCK prices yesterday closed generally lower in the absence of buying support in weak trading, dealers said. Saha Union fell one baht to 186, Charoong Thai Wire two to 168 and Rama Tower 0.50 to 82 JO. First Trust rose 0.50 baht to 54. DEC 22 Bahu Asia Credit262 words
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Article98 1980-12-23 4 DEC 22 Pesos r»^i Acoje Mining J007 -0 0002^*, Alias Con A Atlas Con. B. 30.25 05 Buguio Gold OOS4 unch Benguet Con B 74 -2 BP Goodrich 1050 -0.1 CUCP s unch Inro B Landoll Lrpanlo B .14S0 unch Marinduque B 950 03 Merulro Oriental A Oriental B98 words
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Article31 1980-12-23 4 H.K.HANG SENG Monday 135# .37 Friday 1291.83 Week Ago 1307 38 8YDNEY INDUSTRIALS Monday 757.62 Friday 750.55 Week Ago ***** ALL OKDINARIE8 Monday 881.83 Friday 883.81 Weak Ago *****31 words
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Page 4 Advertisements
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Advertisement81 1980-12-23 4 NO STOP-OVER '''''it, ''it m m m *5 > Direct to KUWAIT Twice Weekly with JAT Yugoslav Airlines JAT the only airline to bring you and your cargo direct to KUWAIT. In the quiet comfort of wide-bodied DC 10's Ex SINGAPORE every WEDNESDAY and SUNDAY Ex KUWAIT every TUESDAY and81 words
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Article730 1980-12-23 5 ARRIVALS Service Local Operator Namber Time From PAA PA005 0030 JEX/SFO/HKG MAS MH601 0630 KUL CARGO CV796 0715 LUX/DXB SIA SQ101 0815 KUL MAS MH605 0830 KUL MAS MH621 0835 PEN RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ211 1000 HLP CAL CT814 1000 HLP730 words
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OVERSEAS
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Article617 1980-12-23 5 AFP A WEAK recovery from recession in major industrial countries should get under way in the first half of 1981, but unemployment is likely to rise to 25.5 million by year-end in countries of the Organisation for Economic Cooperation and Development (OECD). The OECD secretariat, inAFP - 617 words
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Article314 1980-12-23 5 UPI Reuter IRAQI Oil Minister Tayeh Abdul Karim said in Tokyo that Iraq is ready to negotiate peace if Iran pledges to compromise on the border dispute and not interfere in Iraq's domestic affairs. Japanese officials said Karim made the remark during a meeting withUPI; Reuter - 314 words
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149 1980-12-23 5 Reuter THE US faces a decade of stagnation unless Ronald Reagan accomplishes a decisive shift in the economy on taking office, Reagan economic adviser Alan Greenspan said. He told other leading experts at a meeting of Time's board of economists, reported in the magazine, thatReuter - 149 words
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Article134 1980-12-23 5 Reuter EGYPTIAN Foreign Minister Kamal Hassan Ali has publicly confirmed that Egypt would give the United States military facilities at its Red Sea base of Ras Banias Answering questions in Parliament on Sunday, he said the base would help to restore Red Sea security, whichReuter - 134 words
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445 1980-12-23 5 NYT THE US$24 billion that Iran wants the United States to pay to Algeria to free the 52 American hostages would vastly exceed the value of all the frozen Iranian assets plus the property of the late Shah in the United StatesNYT - 445 words
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WORLD IN BRIEF
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Article510 1980-12-23 5 UPI AP UPI Reuter UPI AFP UPI AP AFP THE Soviet Union paid lowkey tribute on Sunday to its former premier, the late Mr Alexei Kosygin, and foreign diplomats were told privately there was no need to send representatives to Mr Kosygin 's funeral. Mr Kosygin diedUPI; AP; Reuter; AFP - 510 words
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Page 5 Advertisements
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Advertisement90 1980-12-23 5 Leader...page I A Christmas "lelex-the perfect business greeting v •v? > mmk 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 arrive on time for any special90 words
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Article353 1980-12-23 6 WHEN THE advanced nations of the Organisation for Economic Cooperation and Development (OECD) are forecast to have a poor year, there is despair and even some surprise all round. Why should there be any despair or surprise at all? The realist would have known that353 words
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Article269 1980-12-23 6 THE BUSINESS of exporting is getting harder and harder each day. Not only do exporters have to live with more and more competitors, they also have to sell their goods in the face of more and more protectionist measures. To survive under such unfavourable economic conditions,269 words
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Article, Illustration1109 1980-12-23 6 MARGARET THOMAS - The talking is over and now it is time to vote. MARGARET THOMAS weighs up the parties and concludes that nothing has surfaced from the opposition that will prevent another PAP success. MARGARET THOMAS THE CHARGES and countercharges are over. Today some 600,000 Singaporeans in 381,109 words
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Page 6 Advertisements
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Advertisement336 1980-12-23 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 achieve336 words
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Page 6 Miscellaneous
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Miscellaneous682 1980-12-23 6 TVO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Shepherd's villainous associate (5) 6 The sort of grass to sit on? (5) 9 Important boss full of self-esteem (7) 10 White as a layer of eggs (5) 11 What some Alsatians have to eat (5) 12 Bigwig and monarch at the zoo (5)682 words
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Miscellaneous802 1980-12-23 6 Shirley's Christmas visions:! CAST ytar sacred vote and mow straight heme. There's no paint qneueing up at those perpetually crowded cinemas when SBC has lined np a basket of presents for yon. Just press the button of the little box at 1IJ5 am and you'll have Shirley Jones on the802 words
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Article, Illustration1974 1980-12-23 7 PETER SCHUYTEN - IBM, a symbol off stability and discipline in an increasingly turbulent world, is changing and has lost much off the verve off its youth and its once glamour-stock appeal to investors. PETER SCHUYTEN examines the running of this monolithic giant of the electronicNYT - 1,974 words
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Article905 1980-12-23 7 JAMES RESTON - FORUM with JAMES RESTON NYT AFTER preparing for Christmas the other night, I had a strange and wonderful dream. Children from the Washington Cathedral were singing carols on the ground floor of the White House. Upstairs in the Great Hall, the President and his lady, braving itNYT - 905 words
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Article98 1980-12-23 7 YAP EU WIN - YAP EU WIN PaMte ReUtiMfl Officer MUrfry Übw Dear Sir, I refer to the article on the Esso dispute which appeared in your Friday, Dec 12, 1980, edition. The second paragraph of your article reported that the Ministry of Labour requested "the company to reinstate the98 words
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Page 7 Advertisements
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Advertisement236 1980-12-23 7 Swiss technology for Asean 14-18 January 1981 Singapore Mandarin Hotel Open: 10 am SWISS TRADE AND TECHNOLOGY FAIR Three years after the very successful first SWISSASEAN, you can again, in the heart of S.E.Asia, establish and tighten business relations with more than 100 dynamic Swiss companies. Most sectors of Switzerland's236 words
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Advertisement288 1980-12-23 7 rz TWENTY POUNDS STERLING FIFTY U S DOLLARS vSU BARCLAYSBANK i«s 2009 iso 824 £20 S5O t TNHOUOh K MT* *OfW USA ■«u S •*<« XIWO'O* UMtTfO kOMDO* MM( (V6afC4u*JL*JC «:booooo 101<: 10 s *oo i- laoa 21, s* 5 i The Five Star Travellers Cheque Available in dollars and288 words
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INTERNATIONAL STOCKS
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569 1980-12-23 8 Reuter INCREASED sales, a strengthened overseas distribution network and foreign exchange gains contributed to Sony's record consolidated net income and sales for the business year ended Oct 31. It recorded consolidated net income of 68.64 billion yen, up 287 per cent from 17.72Reuter - 569 words
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Article231 1980-12-23 8 AMERICAN Motors has completed the transactions with Regie Nationale Des Usines Renault that were approved by American Motors' stockholders at a special meeting last week. The transactions included the sale to Renault of 20 million newly issued shares at 16.125 a share, or a total231 words
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Article139 1980-12-23 8 M ASSEY-Fergiis«n Hidings Ltd, the wbaliy-awned UK subsidiary d Mnasey Ferga--9M Ltd d Toronto, said (to after-tax lass far the year ended Oct SI, ISM, was EBLBS mllllaa against a lass af £7 M million. Tarnaver was CSKJB million agaiast E525.22 mllllaa. He after-tax result included139 words
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Article182 1980-12-23 8 Reuter KAISER Aluminium and Chemical expects 1960 net income to exceed the U555.66 a share earned last year but does not expect it to reach the previously-ex-pected $6 a share. The modified outlook was due to fourth quarter costs which increased more than expected. The companyReuter - 182 words
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Article78 1980-12-23 8 THE AUSTRALIAN government has approved MIM Holdings Ltd's purchase of a larger interest in the Oaky Creek coal mine but still wants 50 per cent Australian equity in the venture. Treasurer John Howard said. MIM, which is 49 per cent owned by Asarco Inc of the78 words
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Page 8 Advertisements
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Advertisement598 1980-12-23 8 Sm Pag* 4 for Asian stocks Where to wine, dine and entertain Get away to Sentosa A jfm JC3r Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holiday-eves). For598 words
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Advertisement152 1980-12-23 8 OQOOO Inn Of Happiness Now open at the Hilton Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. lA| HIbTON INTERNATIONAb152 words
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Advertisement150 1980-12-23 8 (fj restaurant T, >1* t. Steamed Fish with Bean Sauce Don't miss the dining experience of Chinese Hunan Cuisine rlx^ttm^ 7 Business Houfs. Daily 11.30 am 2.30 pm 6.30pm 10.30pm ii"*** ,4 214 Ounearn Road rVvN-VTI inn aw*® ll29 lIU II 111 Tei *****49 2& C=> Tei: *****49.*****22 Treat your150 words
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BANKING AND FINANCE
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763 1980-12-23 9 Reuter NINETEEN Eighty-One will be another volatile year on the foreign, exchange markets, with the movement of interest rates and political developments continuing to promote uncertainty, analysts and forecasters said. An influence on currencies next year will be the price of oil. IfReuter - 763 words
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265 1980-12-23 9 SCANDINAVIAN Bank has established a new internal executive committee. The structural organisation came in the wake of the resignation of Mr Derek Hughes, one of the managing directors of the bank. The new organisational structure will be chaired by the chief executive, Mr Garrett Bouton,265 words
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136 1980-12-23 9 AFP. THE HOLLANDSCHE BankUnie (HBU) of the Netherlands officially inaugurated its Taipeh branch last week after opening for business a month ago. The Dutch bank is the last of the five European banks authorised to open a branch in the Taiwanese capital this year. TheAFP. - 136 words
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MONEY AND EXCHANGE$
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Article491 1980-12-23 9 THE US dollar recovered in afternoon trading from its depressed morning levels, as Eurodollar interest rates firmed, to register significant gains against major currencies yesterday. But local dealers said the market was very thin and volatile. After starting off at 1.9350/60 against the deutschemark, the US dollar gained491 words
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Article251 1980-12-23 9 THE DOLLAR continued to rally in a thin market yesterday as Eurodollar deposit rates steadied in reaction to their weakness at the end of last week. The dollar opened at 1.9600/30 marks and later firmed to 1.9680/9720, compared with a late Hongkong quote of 1.9480/9520 and its New York251 words
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Article22 1980-12-23 9 THE average rate ai which major Singapore banks are currently prepared to lend to their best customers is 13.8 per cent.22 words
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Article176 1980-12-23 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Dec 22: US DoU>rt(Spot) Offer Bid 7 days 21'/« 21 1 month 21 20% 2 months 20% 20 3 months 193/16 191/16 6 months 175/16 173/16 9 months 16% 16H 12 months 16 15% Sw.Fri. Dmi. (Middle Price*) 1176 words
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Article47 1980-12-23 9 RANGE of prices offered by discount houses on Dec 22: Overnight: T/,% "Call deposits: 6'*% to T/,% Closing Buyiaf Scllinf 3-month Treasury bills 613/18 #11/16 3-month Bank bills 14 1/16 1315/16 3 months CD 13 3/16 131/16 6 months CD 13 12"» Source: National Discount Co47 words
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Article45 1980-12-23 9 FRANKFURT exchanges opening quotes on Dec 22: US 1 9540 90 (1.9850/80) 4 589 607 (4.640/650) Can 1.6521/84 D F1 91.95 92.10 S Fr 109 55/110.15 Lit 2.112/118 F Fr- 43.33/45 N Kr 38.09/16 B Fr (con) 6.201/211 B Fr (fin) 6.183/193 Yen 0.9395/944045 words
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Article59 1980-12-23 9 Euro rates LONDON Eurodollar deposit rates yesterday opened as much as one point lower at the short end following the US$l.9 billion fall in US M--1A money supply announced on Friday, dealers said. Rates had been pushed lower in the Far East but few prime names were in the market59 words
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Article319 1980-12-23 9 SINGAPORE gold futures yesterday closed sharply higher compared with last Friday's close in quiet trading, dealers said. Opening quotations were marked up between US$lB and $20 an ounce following the metal's firmness in New York on Friday and thereafter the market fluctuated narrowly throughout the day, they said. Total319 words
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Article40 1980-12-23 9 Frt Than New York 16.00B 15.35B 16 30S 15.C5S Zurich IS.10B 15 35B 15 SOS 15.75S ■1,4 Singapore 16 10B rfl 15.30B 16 50S 15.70S Closing pric in US dollars a troy ounci 1. Source: Credit Suisse, S'pore.40 words
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Article207 1980-12-23 9 THE US dollar for overnight delivery yesterday closed at 207.80 yen, up from a 207.30 opening but down from 209.30 at Friday's close, dealers said. This compared with 207.90/206.10 closing in New York last Friday and 206.50/ 70 on the US west coast. Trading was moderate with the volume207 words
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Article119 1980-12-23 9 THE US dollar rallied slightly in very slow foreign exchange market trading yesterday, dealers said. In terms of the yen, the US currency strengthened to 207.50/80 from an early 206.90/207.10, to 1.9480 9520 marks from 1.9410/50 and to 1.7750/7800 Swiss francs froOOm 1.7700/50, while against sterling the US dollar119 words
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249 1980-12-23 9 Reuter PRIME lending rates in the US could go as high as 24 per cent. This is the view of Salomon Brothers general partner Henry Kaufman, who made this prediction in the wake of the increase in the rate to 21 Vi perReuter - 249 words
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Article65 1980-12-23 9 Reuter THE KOREA Long-Term Credit Bank is seeking a US$7O million loan from the Asian Development Bank. Officials of the South Korean bank said it hopes to obtain the loan at 8 per cent annual interest and with a repayment period of 15 years including aReuter - 65 words
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922 1980-12-23 9 PETRONAS has been instructed to direct the bulk of its fresh deposits away from the Malaysian banking system. The instruction from the Kuala Lumpur government is an attempt to contain the inflationary trend by holding down the growth of money supply in Malaysia.922 words
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170 1980-12-23 9 Reuter THE Swiss franc is likely to regain ground against the dollar eventually next year because of Switzerland's lower inflation, Swiss National Bank president Fritz Leutwiler was quoted as saying. However, he said that at present interest rate differentials have more impact. HeReuter - 170 words
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Page 9 Advertisements
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Advertisement182 1980-12-23 9 BANK OF YOKOHAMA Opened Representative Office In Singapore December 16 The Bank of Yokohama, established in 1920, is one of Japan's leading commercial banks. Through our new office in Singapore we will be able to provide you with expanded information and broader financial services in Asia and world capital markets.182 words
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1647 1980-12-23 10 BID and offer prices officially listed and hnsiness 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 (3.006) Allied1,647 words
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Article170 1980-12-23 10 SINGAPORE UNIT TBU8T (HiMfi' prices tor Dee 8) The Commerce 3.30 3.36 The Savings Fund l.M 2.04 S'pore Prog Fund 1.4) 1.17 S pore Sec. Fund 2.08 2.18 S'pore Invest Fund 1.8B 1.97 S'pore Equity Fund 1.28 1.34xd AiUA I'NIT TK18T (ItaMfm' prices tor Dee 23) Mai Invest170 words
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Article2711 1980-12-23 10 Gr'» Gr'a Net 1980 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- Cvr cooo) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 324 15.0 2.8 4.6 12.8 300 220 Alcom 300 12.0 2.5 4.0 17.0 v 149 116 Allied Choc 134 4.0N2,711 words
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Article1773 1980-12-23 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. INDUSTRIALS AJeam (1748 2.755) (5) 2.75 Alex Bald (1.558) A Chee (1.348)1,773 words
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COMPANY MEETINGS
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Article23 1980-12-23 10 Seventy-Fourth AGM to be held at the Pahang Consolidated Company, Sungei Lembing, Pahang, West Malaysia, on Dec 24 at 10am.23 words
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Article24 1980-12-23 10 AGM to be held at the Hotel Premises at Amber Close, Katong, Singapore 1543 on Dec 27 at 11.00 am.24 words
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Article29 1980-12-23 10 EOGM to be held at the theatrette, Malaysia Industrial Development and Finance Bhd (M.1.D.F.) at 195-A Jalan Pekeliling, Kuala Lumpur, on Dec 29 at 12 noon.29 words
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Article26 1980-12-23 10 EOGM to be held at the Conference Room, Ist Floor, Hotel Malaya, Jalan Cecil/Bandar, Kuala Lumpur on Dec 29 at 11 am.26 words
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Article28 1980-12-23 10 Elev- enth AGM to be held at the Conference Room, 14th Floor,Bangunan Hong Leong, 117 Jalan Bandar, Kuala Lumpur on Dec 30, 1960 at noon.28 words
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Article, Illustration764 1980-12-23 10 SELECTED Ami msved strsngly iketd yesterday, giving the Hagapwe stock market Mitfcer day sI firm trading. Baildlag m last Friday's rally, bnyers parted share prices maderately higher la confident tradlag. While ssme analysts were still sceptical ahsat the market'a Inherent strength, the eanttnned advance yesterday764 words
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Article536 1980-12-23 10 IMPROVED buying sentiment pushed up share prices over fairly active trading on the Kuala Lumpur stock exchange yesterday. Gains in most cases were moderate apart from a few counters such as Straits Trading, where price increases were more substantial. The encouraging upturn came on the back536 words
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COMPANY NEWS
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708 1980-12-23 11 Market Talk... WITH the current lower tin prices and no prospect of a significant recovery in output, Sungei Besi Mines is expected to earn lower profit in the second half of its current financial year. The group's first half net profits have already fallen708 words
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In Hongkong...
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Article66 1980-12-23 11 OCEAN-LAND Development has reported an unaudited net profit before extraordinaries of $8.79 million (|6.85 million previously) for the six months to Sep 30. Extraordinaries amounted to $4.08 million ($4.71 million). An interim dividend of 7 cents (5Vi cents) will be payable on Jan 19 to shareholders on66 words
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Article45 1980-12-23 11 said trading will cease in its 1980 bearer warrants on Dec 29. It said the subscription period for the warrants ends on Dec 31, after which all warrants which have not been exercised to subscribe for shares will have no value.45 words
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Article384 1980-12-23 11 had earlier announced a bonus issue of three fully-paid $1.00 share for every one share held at the close of business on Dec 15. To implement the bonus issue the company will recommend an authorised capital increase to $500 million from $200 million by capitalising $313.09 million384 words
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Article107 1980-12-23 11 Reuter has reported a net profit of $62.70 million ($59.43 million) for the six months to Sep 30. Earnings per share works out to 50 cents (47 cents). A second interim dividend of 22.5 cents (20), bringing the total so far this year to 45 centsReuter - 107 words
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345 1980-12-23 11 PAHANG CoMolldated says it made a profit sf oaly MfISMM from the sale of its 49.5 per eeat Interest la Seatoaa Plywood. It is aaabie, however, to give the flame of the bayer of the shares siaee its brokers were lastraeted to dispose345 words
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Article73 1980-12-23 11 GOODYEAR Tire and Rubber Co subsidiary PT Goodyear Indonesia shares were floated for the first time yesterday on the Indonesian stock exchange. A Goodyear spokesman said applications for over 10 million shares had been received for the 6.15 million 1,000 rupiah nominal stocks on offer. Thb floatation73 words
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315 1980-12-23 11 PAN Malaysia Cement Works (PMCW) has produced a disappointing set of interim figures that indicate rising costs and lower contributions from group companies. Group pre-tax profit for the six months to Sep 30, 1980 was down 36 per cent to $3.28 million from $5.12 million315 words
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LATEST RESULTS
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Article63 1980-12-23 11 has reported a net group loss of $339,094 for the six months to Sep 30, 1960 against a loss of $162,729 for the previous corresponding period. Turnover at group level, however, was sharply higher at $637,551 compared with the previous year's total of $74,500. At the company level,63 words
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Article29 1980-12-23 11 unaudited con- solidated net tangible asset backing increased to $2.04 per share as at Nov 30 from the previous month's NT A of $1.97 per share.29 words
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Article50 1980-12-23 11 unaudited consolidated net tangible asset backing has increased to $1.32 per share as at Nov 30 from the previous month's NTA of $1.27 per share. Assuming full conversion of the loan stock into ordinary shares, the NTA would be $1.21 per share, 3 cents above the previous month's.50 words
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Article61 1980-12-23 11 has an- nounced a net after tax profit of M 538.45 million ($27.78 million previously) for year ended Sep 30, on a turnover of $524.26 million ($482.20 million). A final dividend of 36 cents gross (24 cents) will be payable on Feb 26 to shareholders registered61 words
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Article102 1980-12-23 11 has re- ported an unaudited group after-tax profit of $1.24 million (loss of $?10,000) for the six months to Sep 30, on a turnover of $11.06 million ($6.33 million). The parent company made an after tax profit of $420,000 ($2.60 million) on a turnover of $950,000 ($7.19 million).102 words
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Article80 1980-12-23 11 has reported an unaudited group pre-tax profit $1.49 million ($5.61 million) for the six months to Sep 30. The company said the principal reason for the drop in profit was that the construction of its next project is to commence in the second half of the current80 words
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Article74 1980-12-23 11 has reported an unau- dited after-tax profit of M 58.30 million ($7.59 million) for the six months to Oct 31. An interim dividend of 40 cents gross (same) will be payable on Jan 30 to shareholders registered on Jan 14. Earnings per share works out to74 words
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243 1980-12-23 11 MALAYSIAN Containers (1974) Bhd's profit for the current year appears to be already reflecting sharp cost increases, judging from mid-term results released over the weekend. Group pre-tax profit (after minorities) for the half year to Sep 30, 1960, grew a slower 12.6 per cent to243 words
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Article, Illustration688 1980-12-23 11 asaecL^ by HOCK LOCK SIEW "THERE is such a thing call late development," Mr Chiam See Tong, the Singapore Democratic Party secretary-general said at one of his election rallies. He was criticising the PAP's education policy of early streamlining. Mr Chiam may like to know this knowledge mayby HOCK LOCK SIEW - 688 words
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Article432 1980-12-23 11 THE directors of Aamciated Plasties Industries have clarified that the company registrar will continue to accept old share certificates until all have been returned and exchanged for new ones. THE sharp rise in the share price of Lay tape has prompted the Kuala Lumpur Stock Exchange to query432 words
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Page 11 Advertisements
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Advertisement151 1980-12-23 11 E/otic Food (mat I el: V^MSOS ei Malaysian Tobacco Company Berhad ANNOUNCEMENT The Directors announce the results for the year ended 30th September 1980 as follows 1989 $m 524,2(1 €9,849 38,455 12,999 Turnover Profit before Tax Profit after Tax Transfer to Revenue Reserves Interim dividend paid 12 cents per share151 words
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Advertisement139 1980-12-23 11 A new era begins NOW FROM JAPAN VANS TRUCKS r ora jA paN FORDECONOVAN The 1002 loadspace economisef r ■>- I >1Attractive H P rates available trom Motor Traders (Pte l Ltd W-". EASYTERMS 1 I ft 111 I f t A" 9 L\UNIVERSAL CARS (PTE) LTD a member of139 words
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125 1980-12-23 12 QUARTERLY surveys of the Singapore economy will be released to the public, the Ministry of Trade and Industry announced yesterday. The first issue of the survey on the third quarter of 1980 will be out soon. The ministry has been preparing these surveys since 1975125 words
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581 1980-12-23 12 SALMA KHALIK - SALMA KHALIK MR GOH Chok Tong is undoubtedly efficient as the Minister for Trade and Industry, but when it comes to finding his way around Singapore, he comes off second best. On the eve of the general elections, he spent about ten minutes at581 words
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Article302 1980-12-23 12 MARGARET THOMAS - MARGARET THOMAS THE PAP Government is very strict "You can't do this, you can't do that." That is why Mr Fong Sip Chee is enjoying the elections and the utterances of the opposition "clowns who bring up irrelevant issues". They provide laughter and comic relief from302 words
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509 1980-12-23 12 LILLIAN CHEW - By LILLIAN CHEW "MY surname is Goh, but my son's surname will be Wu. What right do they have to change my son's surname? I am proud of the surname 'Goh.'" The government directive to all Chinese schoolchildren to use their Hanyu Pinyin names509 words
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306 1980-12-23 12 NEARLY a thousand poultry rearers in Penang are losing millions of dollars as chicken prices have dropped far below their production costs in view of the present chicken glut in Malaysia. Several major poultry rearers in Penang described the present glut as reaching306 words
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430 1980-12-23 12 Reuter THE Japanese government yesterday rejected US demands for a minimum 9.7 per cent increase in defence spending in 1981. Instead, the cabinet of Prime Minister Zenko Suzuki accepted a 1981 draft budget calling for only a 6.7 per cent increase in militaryReuter - 430 words
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Article769 1980-12-23 12 LONDON, Mon. Gold shares were marked up with the higher bullion price in quiet opening dealings while the rest of the equity market was mixed, dealers said. Gains among gold shares ranged to around US$5 and mining financials finned in sympathy. Industrials and oils showed mixed movements of769 words
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Article120 1980-12-23 12 UPI JAPAN and Asean signed an agreement yesterday to set up jointly a laciiity to promote bilateral trade, investments, and tourism, the Tokyo foreign ministry said. The ministry said the agreement was signed by Foreign Minister Masayyoshi Ito and ambassadors from the five nationsUPI - 120 words
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Page 12 Advertisements
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Advertisement346 1980-12-23 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 23rd June. 1983 of: A THE MITSUBISHI BANK, LIMITED Podium G2. DBS Building 6 Shenton Way. Singapore 0106 We hereby certify that the rate of interest payable on the above-mentioned Certificates of Deposit for the Interest346 words
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Advertisement236 1980-12-23 12 GOOD ENGINEERS AREN'T HARD TO FIND. People tell you good engineers are hard to find. But if you contact Tekniskil, youl find out how wrong people are. VJe can supply you with specialist local or expatriate engineering personnel for maintenance, installation, construction, design and special projects. This way, when you236 words
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Page 12 Miscellaneous
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Miscellaneous66 1980-12-23 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair and breezy, except for occasional showers in a few areas in the late morning. Report for U htin prfor to 7J9 pan. m December 22 at toe airpert. Maximum temperature 28.6 Associated humidity 74 Minimum temperature 22.6 Associated66 words
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SHIPPING TIMES
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250 1980-12-23 13 Reuter FOUR TANKERS are lying off the Syrian port of Banias waiting for Iraq to resume pumping oil through a pipeline across Syria, said industry .sources in Damascus. Iraq stopped pumping oil shortly after exports through the trans-Syria were resumed at the start ofReuter - 250 words
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Article, Illustration366 1980-12-23 13 JAN LEE - By JAN LEE NIPPON Yusen Kaisha (NYK) has started a new fully containerised service to cater for the increasing trade between Australia and the Arabian Gulf, with calls at Singapore and Jakarta. The monthly run is served by the Planeta, a 13,152366 words
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PORTSIDES
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Article118 1980-12-23 13 Reuter, AFP KEIHIN Company Ltd and Patt Manfield and Co Ltd of Hongkong have agreed to jointly buy Everett Steamship Corp SA, a Panama-based shipping firm. A contract for the purchase has been signed, but Keihin declined to elaborate on the price or other details. EverettReuter,; AFP - 118 words
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Article102 1980-12-23 13 Reuter THE Norman Group has signed a contract with Samsung Shipbuilding Co of South Korea for two 64,000 deadweight ton fuel-saving Panamax bulk carries worth US$55 to $60 million for delivery in 1982/83, with the option to buy two more. The Norman Group is a joint ventureReuter - 102 words
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Article55 1980-12-23 13 Reuter NIPPON Korean KK has initialled a US$l9O million contract to build two oil and gas exploration platforms for India's state-owned Oil and Natural Gas Commision (Ongc), shipbuilding sources said. The platforms will be used for oil and gas exploration in an offshore field about 160Reuter - 55 words
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Article637 1980-12-23 13 SUpptagUme Cat SWpptagLtae Pane CM Adriatic TV 5 Fesco V 1/2 Afea VI S Flotta Lauro V 5 Afro-Eurasia VI 2 Fortune VI 5 Ail trans VI 5 Franco-Be lg ra 4/5 Alpac VI 5 Frata NVOC IV 2 Angkutan VI 4 Fujiwara VI 3 ANL y637 words
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Article856 1980-12-23 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Ming Cheer 30E 21.12.80 0400 Malay States 50 vc Ever Vital 49-09E 21.12.80 1600 Green Asia 49 TT K. Repin 25CW856 words
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Article1376 1980-12-23 14 BROKERS reported quiet chartering throughout all sectors of the freight market on Friday. Grain bookings out of North America recorded small rate declines, where changed, with the slightly lower rate of U5522.75 fio paid from the US Gulf to Holland for Jan and $37 agreed from the Gulf1,376 words
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Article404 1980-12-23 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Agia Marina (after Nedlloyd Crystal) 3/4 Barge Hong Kiat Vffl (0530 shifts) 26 Cherry Ruby (0530 tide) 27/28 Cornelia Maersk (after Nancy Lykes) 38/39 Equator (after Builder HI) 22 Golden Summer (after Golden Eagle) 23 Joinvilie (0700 after Linden) 6/7 KotaM Mulia404 words
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510 1980-12-23 15 THE ROCKETING price of fuel has now made it three times as profitable for owners of very large crude carriers (VLXXs) to invest in energy saving rather than labour saving. Fuel costs now represent up to 50 per cent of the total510 words
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Article234 1980-12-23 15 UPI THE GREEK merchant ship that collided with another freighter in dense fog off the southern California coast, was towed into Long Beach harbour last Sunday. The Philippine-registered Transocean Ram, the less seriously damaged of the two freighters, floated into the harbour under its ownUPI - 234 words
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Article127 1980-12-23 15 Reuter TWO 10,000-tonne deepwater berths at Nantong on the Yangtze river near Shanghai went into operation on Saturday, the official New China News agency reported. The new anchorages will increase Nantong's annual handling capacity from 3 to 3.8 million tonnes. They are the first deepwater berthsReuter - 127 words
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Article, Illustration690 1980-12-23 15 FLORENCE CHONG - By FLORENCE CHONG WHEN a ship's crew goes on strike for a trivial reason, it is odds-on the crew is Australian. This is the thinly disguised view of Mr Michael Parkinson, underwriter to the Shipowners Mutual Strike Insurance Association (Bermuda) Ltd, otherwise knownFrom the Club 's annual report for 1979-81. - 690 words
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3058 1980-12-23 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 of3,058 words
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Article, Illustration110 1980-12-23 20 MARINETEX Enterprise Sdn Bhd has appointed Mr R M Balan as its shipping manager with effect from January 1981. Mr Balan, who comes from Banting in Selangor, has been with Marmetex for about three years handling all matters pertaining to shipping for the company. He was previously110 words
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Article135 1980-12-23 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.135 words
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600 1980-12-23 20 CLASSIFICATION societies are plugging loopholes which allow unscrupulous owners to transfer to other societies to avoid carrying out work to meet their standards. The International Association of Classification Societies (lACS) has acted on its own initiative in response to criticism from the maritime600 words
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302 1980-12-23 20 NOT to be outdone by the likes of Italy's Italcantieri or Japan's Mitsubishi Heavy Industries, the UK has entered the coal-fired ships race with British Shipbuilders member yard, Sunderland Shipbuilders offering a new coal-fired version of its standard design 75,900 dwt Panamax-type bulk carrier. The302 words
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168 1980-12-23 20 Reuter BARCELONA dockers said they will go on an indefinite strike from Dec 29 in all but two of the port's shipping companies. For over a month the dockers have boycotted four shipping companies in protest against a decree curtailing the powers of theirReuter - 168 words
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Article142 1980-12-23 20 AP THE SOVIET UNION has reiterated its claim to the Czarist cruiser Admiral Nakhimov, which sank off Tsushima island in southern Japan during the 1904-05 Russo-Japanese war. The Soviet embassy in Tokyo made similar claims on Oct 3 and Oct 31, but Japan rejected the claims.AP - 142 words
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Page 13 Advertisements
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Advertisement307 1980-12-23 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. SeePage V mm CONTAINER Schedules LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather <sp I R I )1 M A I H r r *4 Orient307 words
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Advertisement297 1980-12-23 13 OSEALORDO m UASC UNITED ARAB SHIPPING CO (SAG) ■i EXPRESS MULTI-PURPOSE SERVICES AL SALIMIAH V.31 AL YAMAMAH Vl9 IBN AL AT V.31 IBNRUSHD V3O Loading for containers/breatbulk *na Qaboos (7/1). Shuaiba (11/1). Kuwait (13/1). Damman (20/1). Doha (24/1). Dubai (27/1). Abu Dhabi (29/1). Mmu A 1 Faha) (1/2) Acceptor* containers/breatbulk297 words
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Advertisement696 1980-12-23 13 Hapag-Lloyd 71 Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC. EAST CANADA, ASIAN PORTS Feeder Vmml |Port Kelang Pen&ng Vessel Singapore |Longbeach|New York En3B3BBB» 27-28/12 21-29/12 m '.'S ■'"'ii- 11 "'I, 1 'lMf IIM J.l696 words
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Page 14 Advertisements
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Advertisement680 1980-12-23 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 CwtMwr S«rnc» Feed* fMang Vessel 1) Barcelona Genoa. 2) Amsterdam Antwerp. LHavre. Bilbao Basle I*. 3) Bremen, Bremenhaven. Aaritus. Copenhagen. Helsinki 4) Matmo.680 words
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Advertisement350 1980-12-23 14 0» SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA US ATLANTIC GULF AND E. CANADA KM* kU ram 3/1 «/i «w mm •27/12 una TMF »H/I Mm acnptaf CwMl It CMRHAM <u I *i Uq+U Contawi artf CM Mai 25/2 3/3 31/1 6/2 15/2 21/2 ratra N Tort Boston St. Ma R350 words
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Page 15 Advertisements
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Advertisement582 1980-12-23 15 OCL Overseas Containers Limited Weekly service to/from UK/Europe CONTAROSHP satwct TO UK/COHTMEMT: *'<taa Stan Spaa PRriang D'aiark Bran Awarp l« Hint UJ(. Iwerpnelßay 21 Dk 29 Ok 20 lan 22 Lan 23 tan 25 tan 111 m HaabagEipress 3 tan Stan 25 tan 27 tan 21 tan 30 tan 23582 words
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Advertisement411 1980-12-23 15 Franco Belgian Services East French Service with Belgian Far Easttrr. /.tnf.O mm ACf CONSORTIUM sang TO EUROPE KAPOK P. KLAUS It Hint Ite H'burt BHa.en 4«rp FULL CONTARERSHP SERVICE FROM EUROPE dam HW| BHa.en »erp Lt Harre Meiant 5 pore ton* GARKT h Part MDtc il* 101 m Mian IS411 words
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Page 16 Advertisements
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Advertisement621 1980-12-23 16 Hapag-Lloyd rrmr Chetjfo «M Che»aier Dt BMb S pore PK Pen Bilbao Genoa H burg B ha»en Rdam Antwerp 24/12 26/12 29/12 19/1 4/2 2/2 30/1 28/1 14/1 16/1 16/2 9/2 25/2 23/2 21/2 19/2 23/1 25/1 16/2 3/3 1/3 26/2 24/2 TO USA/CAHADA feeder I P Mm S pore621 words
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Advertisement582 1980-12-23 16 KOREA LI ME SHIPPING CORPN f. Kebnt PENANG STORE VEGA 155* 1-4 Jan 81 28-31 Dec 5/8 lan 81 FROM BUS* BANGKOK VEGA 156E 1-4 Jan 81 28-31 Dec 5/8 Jan 81 TO BUSAM ALTAR 159* Ml/1 ALTAR 160(7-11/1 16-19 Jan 81 FROM BUSAi BANGKOK 16-19 Jan 81 TO BUSAN582 words
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Advertisement574 1980-12-23 16 EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTWG CARGO FOR: HAMBURG. FELIXSTOWE ROTTERDAM ANTWERP LE HAVRE ALSO ACCEPTMG CARGO FOR: UMTED KWGOOM SOUTHAMPTON LONOON. MANCHESTER. BIRMNGHAM BRISTOL, LIVERPOOt. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM S'pert RoMdrtw F*i«mn tmlm U Hm Mpr M/ 12 14/11 14/01 11/11 21/11574 words
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Advertisement423 1980-12-23 16 Everett Lines PMiM a THOMASEVOETT A Everett Steamship Corpn.S/A Mitsui O.S.K. Lines CONVENTIONAL SOUTH AMERICA SERVICE Satai Put 27 taa Santos Ra de lawn. Bums Arts. Mi EAST AFRICA SERVICE Fin 30 Ok OabM. Manbau 0* et Sataan Eastern Mm 7la Taa|a. IMuu Da ts Sataan B«i A Vnul 21423 words
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Advertisement623 1980-12-23 16 7 IsIO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE Saigapare P. Keiang Load* far I 6/1 lan 9/10 tan SYC. MEL. MCI JAPAN/STRAITS SERVICE S» AGENTS P KELANG SNVOIE TEL *****44/7 A *****7# LIMfUR IE 4*44*4 414 7SI OCEJW WTfMC STOK IEL: 22*1144/7 ML HI'S Cam WO P.623 words
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Page 17 Advertisements
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Advertisement793 1980-12-23 17 L. PIL GROUP EAST AFRICA/REDSEA SERVICE A Hinoapora P KaUrtg Pwung Loading tor: KOTA MOLEK 25/30 Dac Dkmmlmd KOTA TIMUR 20/25 Jan Jaddah, Hod Singiport P-Katang KOTA BENAM 24/27 DM KOTA FAJAR 2/7 Jan SINGAPORE/CHITTAGONG/RANGOON/SER VICES KOTA BUAMA KOTA BERLIAN. Singapore 5/10 Jan 30/1 Jan Loading For: ChHtagong, Madraa Rangoon793 words
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Advertisement818 1980-12-23 17 II BENLINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE TO MOW s«»«n*T (MP Mm lap Bey lUataan Bar S pot* P Ketan| a/12 a/12 VI VI H-BUK B'HAVEN ROAM HAVRE SOTON Germany a/i Austria Antwerp a/1 23/1 a/i a/i V 2 V 2 14/2 IV2 a/2 22/2 Frawe M UK a/i818 words
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Advertisement734 1980-12-23 17 r Y A I si Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE 1 PfNKA SM I OM4JA 21/17 PtNAGA 2/1 QMttt 11/1 POMGA lt/1 r I l)iria*s2)rdaa 3)»fkw|4)C tart 1) torcotaia. Gam. Leftara 2) A Liverpool. UK Canary Woods 3) If, treiooihoieii. Aortas. U Al taoder «Mk accept*! c«fl Bolt. S734 words
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Advertisement583 1980-12-23 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REIMON ft SOUTH AFRICA SHIRRA BANK SINGAPORE 13/1 e Q Reunion 22/1 Durban 30/1 Capetown 2/2 Pt Eliz 5/2 (also accepting East London and Maputo cargo) Lukes/** Linos U.S. WEST COAST SERVICE vn iM I SPORE I Ofced tro« SfO Lbcti NANCY LYKES Sid583 words
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Page 18 Advertisements
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Advertisement991 1980-12-23 18 K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA ETD FEEDER YESSELS* m 9 MOTKRKSSELS TK LA SE NY fw#> Oct 02N Safc4 29/12 InNn 12/1 22/1 lapan *pofc 9/1 11/1 lapan Mini 11/1 5/2 liShOM 4/1 1/1 Pacific Arrow 22/1 1/2 Hrtaka Mam 23/1 1/2 Yntau991 words
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Advertisement562 1980-12-23 18 mi CAHFORMA/PACmC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lM*« tar lOS ANGELES. SAN FRANCISCO. SEATTLE. IACOMA (MCOUH It Accent fa/fa BbMw P Umi S«cx»" I Anfeles SSQ" MM* IS h* 11 hk AUSTRALIA EXPRESS CONTAINER SERVICE fee*** Fa/fa mm P Manj Spore Bri Melt AM Sjd F* IMS' 13 ten562 words
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Advertisement560 1980-12-23 18 S (il'OIII) SINGAPORE SHIPPING AGENCIES PTE LTD. ?OTH FLOOR OCEAN BUILDING SINoAPORf 0104 MARKETING *****2 t J LINESI GENERAL *****1 ,V 4 t INE S TERMINAL Of f ICE 222J583 TELEX RS ***** RS ***** A B CARSNIP CABLE CARGOSHiP teraf 9 Loiitiiincr Lines WEEKLY CONTAINER SERVICE to/from BANGKOK VOT560 words
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Advertisement701 1980-12-23 18 KORINS MARITIME SERVICES "< Rooti 601 ICB Building. Way. Singapore Tel 2? ***** 5 *****67 MIDDLE LAST/REO SEA/EUROPE SERVICES LOADMG FOR: MM/Mi X ICK U\ts A memtw ol the Sin* i> Gt>up o» Compames UNER SERVICE FROM KOREA TAIWAN HONG KONG TO SINGAPORE Mm Baun Km** HJlong Sport Id VJ2701 words
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Advertisement752 1980-12-23 18 f INTRASKA (PTE) LTD. Faber House 23JE Orchard Road Singapore 9 Telephone *****1T*****57 anmt* mi. A(Mh Saf apart K Lmm REGULAR MEKMENT SRMCE TO EUROPE S'pow P. Ketone Ptnanf toadb* lor 25 Dm 29 Dec miOOC/RTMM/ UK (AVON) MTRASEA (PIE) LTD 2352(11 BOOMS *****57 TEO SMPPWfi TRADMC *****4. *****2. 410(71752 words
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Page 19 Advertisements
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Advertisement594 1980-12-23 19 TO EUROPE/UK (VIA SUEZ): N. GARNET 3W+. K. CHANCE IN C. PAUL 25N TN BRDGE 4N C. ROZE 23N.. K. iACEWON 11N. MERCATOR 21N... Also accepting cargo to/from Scandinavia N GARNET S'pore Closing Times. FCL Cargo LCI Cargo FROM EUROPE (VIA SUEZ): Havre C- ROZE 22E Sailed K. JACEWON 10E594 words
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Advertisement145 1980-12-23 19 UNISON SHIPPING (PTE) LTD 6-0 4tti Fh Honf Guan BwMm| 6 8 Rotwreon Road. Sutapore 0104 M *****39. *****67 ETA ETD OCSTIMTKM M.V.UMSONI In Port 25 Dec U. Panda* BKuif NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE145 words
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Page 20 Advertisements
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Advertisement358 1980-12-23 20 MALDIVE LINES ETA KUANTAN MALDIVE MAGE Loading For Jeddah/Djibouti MALDIVE LOYALTY Loading for Hodeidah MALDIVE SEAFARER Loading for Jeddah MALDIVE PIONEER Loading For Jeddah FOR BOOKINGS 1 ENQUMES PLEASE CONTACT: SMGAPORE PORT KELANG PANOCEAN NAVIGATION TRADMG OMENTAL SHPPWG CORPORATION CO (PTE) LTD TEL: Hi. *****6/*****4 1106 MTERNATIONAL PLAZA PORT KELANG358 words
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Advertisement354 1980-12-23 20 WEEKLY SERVICE TO MALE GLOBE LINE LTD Weekly Service to Mole, Moldive Islands via Colombo SPORECOIOMBO MALE ETD ETA ETD ETA Globe*. 6 30/12 4/1 -9/1 ms "SUNE S." 6 12/1 Globe 7 5/1 13/1 16/1 ms "SUNE S." 7 19/1 Globe*. 8 12/1 18/1 -23/1 ms "SUNE S." 8354 words
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Advertisement271 1980-12-23 20 NOTAS LINE Regular Express Service TO MIDDLE EAST MV PORTS STOW PKUMG PENANG lONIAN SKY Dubai. Bahrain Saied Dammam A VESSEL Abu Dhabi. Dubai. Bahrain. Dammam 5/1/81 11/1/11 12/1/81 SH>R( NOtAS Pit UP 111 >9498*4 TURSsiifc.' P« MAHMOOO AMBA* t SON' SDN bHt 'ft ***** < T(l Ml 39,'j] P271 words
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Advertisement424 1980-12-23 20 If you want to reach manufacturers, exporters and importers, men xuppiij lincj LB j| i 1 ,-f B|, M IS inc njni aavenmng mecKum for you. If you're o freight forworder or m ooyway connected with the ship ptng and cargo business, Shipping Times hos rust the spoce tor you424 words
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Advertisement188 1980-12-23 20 PERKAPALAN LAUT AN MRU SDN. BHD. PO Bo* 220. Kou Knabalu Sabah ttCULAI UNER servo Sabah Sarawak Bangkok Sngapcxv Port M4ang Agents: M'sia: Port KeUng: SEALION SHIPPING (M) SDN BHD Tel *****4 ****** *****1 Tlx MA***** Penang. SEIAMA SHIPPING TRANSPORT SDN BHD Tel *****1. *****2 Tlx MA***** P. Gudang: NORDIN188 words
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Page 20 Miscellaneous
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Miscellaneous162 1980-12-23 20 Regional Weather 50 555 N m s I m S/-2 c 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 s~/ Wind direction with speed in knots V Wave height Cloudy Sky Sufaee162 words
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