The Business Times, 13 January 1981

Microfilm: NL10893
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.CP) No. 107/1/81 TUESDAY, JANUARY 13,1181 60 CENTS
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  • BRIEFLY...
    • Article
      Gold down US$14
      56 1 LONDON, Mon. The price of an ounce of gold fell US$l4 here today on renewed hopes of an early agreement for the release of the US hostages. Gold was quoted at $563.5, $14 lower than last Friday and well down on the $600 level reached briefly last
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    • Article
      UK seamen on strike
      67 1 LONDON, Mon. British cross-channel ferries at Dover and Folkestone were at a standstill today as seamen launched a campaign of strikes, ignoring a shipowners' warning that Britain's merchant fleet would be cut and jobs lost. The National Union of Seamen (NUS), representing 26,000 men, called 24-hour
      67 words
    • Article
      Lock icon Emergency bills
      89 1 AP TEHERAN, Mon. The speaker of Iran's parliament said today that "all roads" are open to settling the hostage problem and that he expects approval of two emergency bills aimed at solving the crisis by Friday, four days before the inauguration of President-elect Reagan, who has warned he
      AP  -  89 words
    • Article
      Lock icon Qatar seeks partners
      60 1 AP BAHRAIN, Mon. Oil rich Qatar is scouting for potential partners in a US$4 billion gas gathering project, the English newspaper, Gulf Times, reported today. It quoted Mr Ali Jaidah, managing director of the state-owned Qatar General Petroleum Corporation, as saying that the commercial use of Qatar's
      AP  -  60 words
    • Article
      Reagan sends letter
      80 1 TOKYO, Mon. President-elect Ronald Reagan, in a personal letter to Japanese Prime Minister Zenko Suzuki, expressed his desire and resolve to cope with difficulties in the 1980s on the basis of democratic principles and the market economy, values, he said, shared by Japan and the US. Chief
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    • Article
      Lock icon Credit cards in China
      65 1 UPI HONGKONG, Mon. Major American credit cards have finally arrived in Beijing for use by the ever-rising volume of foreign tourists to China. A spokesman for the Bank of America announced that as of Feb 1, BankAmericard, Visa and Mastercard will be honoured at Beijing branches
      UPI  -  65 words
    • Article
      Lock icon Thai soldier killed
      67 1 AP THAILAND, Mon. A Thai soldier was killed and another wounded in a clash with an unidentified group of "free Khmer" forces which intruded into Thai territory before dawn today, a military officer said. Anti-communist Khmer Serai guerillas, who oppose the Vietnamese-led forces in Kampuchea, opened fire
      AP  -  67 words
  • Article
    Chief Price Changes
    138 1 Rises Indices 8«l Properties PMC Metro Hldgs Gentings 8hangri-La Hong Leong M U I C Sugars Bolton Lien Hoe MalakofT Malayan Tin 1600 1180 840 930 2250 705 1380 950 322 280 505 468 100 80 80 55 50 50 30 30 27 25 23 22 B.T.
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  • Article, Illustration
    KUALA LUMPUR
    160 1 Rises Indices Petaling Tin 1960 90 Jan 9 Jan 12 Hong Leong Fin 750 65 B.T.Index: *****.*****43.68 Gen ting 995 60 Industrials: 851.74 860.21 S Land 700 50 Finance: 1291.30 1317.99 PMC 1240 40 Hotels: 409.71 410.00 Rahman Hyd 1460 40 Properties: 755.53 772.92 Sel Prop 1600 40
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  • Article
    HUDC flats for civil servants
    609 1  -  PRIORITY IN ALLOCATION By HSUNG BEE HWA THE GOVERNMENT, in another move to make civil service more attractive, is believed to be studying a proposal to give middle-level civil servants priority in the allocation of Housing and Urban Development Company flats. The Ministry of Finance
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  • Article
    Property shares in the lead
    297 1 BUYERS won the day yesterday as prices of shares continue their their second week of increase. The Straits Times Industrial Index, up 7.42 points at noon, soared by another 3.19 in the afternoon to close at 699.32 for a total gain of 10.61 points. Index
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  • Article
    Further studies on MRT system
    589 1  -  By WANG LOOK KEAH TWO CONSULTANTS involved in earlier mass rapid transit studies will be in Singapore again for further studies. The Government feels there is a need for more quantitative studies before it can decide on whether a rail-based MRT can be built this
    589 words
  • Article
    Survey on job-hopping
    300 1 THE Ministry of Labour is conducting a survey to verify whether there is a job-hopping problem and, if so, how it can be solved. Some 6,600 Central Povident Fund members who had changed jobs at least three times between April 1979 and March 1980 will be interviewed.
    300 words
  • Article
    Ng Teng Fong buyer of $17.5m Jacks property
    260 1 PROPERTY magaate Ng Teag Pug has UM to his kugMriag land port(•II* a $17.8 million praperty which oaee belaaged to William Jacks. Bmsiaem 71mm reported but October that William Jacks (Singapore), a wbelly-owaed sabsidlary of pabttely-Ustod Jack* lateraattoaal, had said Its 18,JK
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  • Article
    Overnight money rates plunge to ½ per cent
    484 1  - Overnight money rates plunge to per cent By ALVIN TAY OVERNIGHT rates on the local money market nosedived to about Vt per cent yesterday as more funds were being transferred into the banking system. Dealers said the Monetary Authority of Singapore (MAS) had been buying bank bills from the discount
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      17 1 The Straits Companies fi mes Activities, riT'p vprpn'R V Key Personnel, DIKJSiLTUKY Agencies Of Singapore (Buku Merah)
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    • Advertisement
      Page 1 Advertisements Column 2
      47 1 Blue Diamond Shipping Far East Europe Service Accepting FCL container to the following inland destinations:— FRANKFURT NUERNBERG MUNICH INGOLSTADT LUDWIGSBURG MANNHEIM KARLSRUHE SINGEN BASEL CHIASSO ZURICH/EMBRACH VIENNA LINZ NORTH ITALY For Bookings and Enquiries *****11/*****21 Transgroup Pte. Ltd. 801, World Trade Centre, 1, Maritime Square, Singapore 0409.
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      Page 1 Advertisements Column 3
      70 1 SHIPPING TIMES MARKETING emnpuy seeks partner CHANGING treads la Asian dollar market —mm A NEW feree la sffsksre haakREMISIERS at Paeiflc Union threatea te go slew II THE eatleek for Wearae BrotkV feree In effskere haak- CLARIFICATION of KL salt i1ne55.............................. 7 trust di videad policy 12 CROSSWORD I, TV
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      2 1 Leader...page I
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    • Advertisement
      Page 1 Advertisements Column 5
      104 1 SINGAPORE FOR PEOPLE WHO MATTER Leader... Page C 1153 sfer sys KLI The reliable airline of Holland Singapore 0923, G2, Mandarin Hotel Arcade, 333 Orchard Road, Tel: *****11 Kuala Lumpur, GlO, Kompleks Antarabangsa, Jalan Sultan Ismail, Tel: *****1 Kuala BeUit Lot 86, 2nd Floor, Jalan Bunga Raya, P.O. Box 43,
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  • REGIONAL
    • Article
      Lock icon New security measures for Philippines
      243 2 UPI PRESIDENT Marcos has authorised "preventive arrests" under new security laws which opposition leaden say are tougher than the martial law expected to be lifted this month. The 63-year-old Philippine leader announced on Sunday that he had issued two decrees the National Security Code and
      UPI  -  243 words
    • Article
      Lock icon Suzuki to improve Asean programmes
      540 2 AWARE OF DISSATISFACTION Reuter. JAPAN has promised to improve its cooperation programmes with Asean in bid to stem regional dissatisfaction with the way Japan conducted some of the programmes. Japanese Prime Minister Zenko Suzuki, in remarks prepared for delivery to a luncheon meeting with the
      Reuter.  -  540 words
    • Article
      Taiwan's top trade partner
      130 2 THE United States remained Taiwan's largest trading partner by accounting for 28.91 per cent of the island's trade total of U5539.5 billion in 1980. Taiwan's two-way trade last year grew 27.9 per cent to $39.5 billion including $19.8 billion worth of exports, up 22.7 per cent
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    • THE REGION IN BRIEF
      • Article
        Lock icon GUILTY PLEA BY BANKER
        331 2 Agencies THE former managing director of Bank Rakyat, Abu Mansor bin Mohamed Basir, yesterday pleaded guilty to misappropriating $6 million. He was sentenced in Kuala Lumpur to a day's imprisonment and a fine of $5,000 in default of six months' Jail. However Mr Justice BTH Lee
        Agencies  -  331 words
    • Article
      Lock icon Deng denies any power struggle in China
      276 2 AP, Reuter CHINA'S tap leader Deag Xlaeplag Ins tekwi Chlaa to Mi to toe tones rf a ■traaglj that Qto will adept a legator ratatlaa ef tap efflelals, Japaaese "We da aat have aay pewer straggle ar hllad grappttag (ar pawer," Mr Deag
      AP,; Reuter  -  276 words
    • Article
      Lock icon President Chun invites N Korean leader to Seoul
      398 2 Reuter SOUTH Korean President Chun Doo Hwan yesterday invited President Kim DSung of communist North Korea to visit Seoul in a bid to give momentum to stalled discussions on peaceful reunification of the divided peninsula. In a New Year policy statement broadcast
      Reuter  -  398 words
    • Article
      Lock icon Inflation halts big construction projects in China
      227 2 AP PREMIER Zhao Ziyang has said it is necessary for China to stop some big construction projects for a while in order to control inflation, Japanese sources said. Zhao also told Japanese parliamentarians on Sunday that China would go ahead with the projects
      AP  -  227 words
    • Article
      Lock icon Pakistan hopes to reschedule its debts
      102 2 Reuter PAKISTAN meets its major aid donors from the industrialised non-communist world in Paris today in a bid to negotiate a three-year rescheduling of its development debts. The Islamabad government is hoping for an annual rescheduling of US$2BO million to help it cope with
      Reuter  -  102 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      166 2 tfc If V it VI ■< h L-i 7/ m j s. P^* 4* •>'••;•- W:*v ffjou're about to buy a pick-up, here are four letters that will mate all the nitlßTßnCft I V IJI stands for load sensing proportion VI valve. It's an amaang system whereby the I y
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  • OVERSEAS
    • Article
      Lock icon Begin may call for early general elections
      329 3 Reuter THE Israeli cabinet met yesterday amid speculation that Prime Minister Menace hem Begin was about to call an early general election. Following the resignation of Finance Minister Yigael Hurvitz on Sunday, political sources said it was doubtful whether Mr Begin could muster
      Reuter  -  329 words
    • Article
      Lock icon Iran anxious to resolve hostage issue
      463 3 AFP, Reuter THE Iranian government has asked parliament for powers to resort to "arbitration acceptable to both sides" in the US hostage dispute, warning that Washington would make no guarantees beyond Jan 16. Government leaders asked MPs to give top priority to the request,
      AFP,; Reuter  -  463 words
    • Article
      Lock icon Kissinger criticised
      203 3 Reuter KING Hussein of Jordan yesterday bitterly attacked former US Secretary of State Kissinger and urged the incoming Reagan Administration keep him out of the Middle East. But the King praised Secretary of State-designate Alexander Haig, saying: "He is an honest, intelligent and capable person." "I personally will
      Reuter  -  203 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      756 3 ARRIVALS Service Local Operator Number Time From SIA SQI03 1000 KUL CPA CX710 1006 HLP GIA GA850 1015 HLP MAS MH672 1060 BKI SIA SQ105 1115 KUL PAL PR501 1115 MNL SIA SQ240 1125 MES MAS MH607 1130 KUL GIA GA982 1315 HLP SIA SQ61 1240 BKK
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    • Article
      Lock icon African leaders meet over Libya, Chad merger
      223 3 Reuter A GROUP of African leaders are meeting in the Togolese capital of Lome to discuss the controversial proposed merger between Libya and Chad. Informed sources in Lome said the current chairman of the Organisation of African Unity, President Siaka Stevens of Sierra
      Reuter  -  223 words
    • Article
      Lock icon Rising prices lower Giscard's popularity
      192 3 Reuter WITH presidential elections Just over 100 days away, French President Valery Giscard d'Estaings popularity is dropping, according to opinion polls. One of the polls published over the past few days indicated for the first time that the French leader would lose to Socialist challenger
      Reuter  -  192 words
    • WORLD IN BRIEF
      • Article
        Lock icon OIL TANK EXPLODES
        373 3 Agencies A FIFTH oil storage tank has blown up at the blazing Esso oil terminal in Montego Bay, Jamaica. Jamaica Radio said five firemen were injured. Police in Kingston could not confirm the casualties. Esso officials said the fire could cause losses of US$9 million as well
        Agencies  -  373 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      296 3 Time's true value. ISM i .JaM.KK I hCoi'l I KL» < «< !,> Triton 'Far Last Pte Ltd 34 !*<?> WfNTV POUNDS STERtINC BARCLAYS BANK ios 2009 no im £20 >•*: VZSA U*A I wsswasrv caooooo *o ic 40 s *001» laoa 21. s*s a The Five Star Travellers Cheque
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  • RAW MATERIALS
    • Article
      Registration rules for KLCE dealers
      277 4 BROKERS and dealers in commodity futures who trade on recognised commodity exchanges outside Malaysia must deposit at least $100,000 in cash or other acceptable means to be actually registered in Malaysia. This was announced by Malaysia's Commodities Trading Commissioner, Ismail bin Hai Ahmad. According to
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    • Article
      TIN SHIPMENTS
      180 4 SHIPMENTS d Straits refined tin tram Peaaag fell la December ta 4,7K.2S tanaes tram 9498JS taoaes la November aad 5,*2.75 tanaes la December 1171, the Straits Trading Ca said. This branght total shipments far all last year ta 79,941.19 tanaes, against 72,484.19 tonnes in 1921. Of December exports,
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    • Article
      RUBBER
      212 4 THE Singapore market yesterday closed easier with February One RSS buyers quoted at 288.50 cents a kilo, down five cents from last Friday's close. The morning market lost some 3.50 cents following the substantial decline in London. Prices weakened 1.50 cents in quiet afternoon trading on some long liquidation.
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    • Article
      RAS PRICES
      310 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt t.o.b. 288.50 289.50N Int. 1 R.S S February 290.50 291.00 Int. 1R-S S. March 293.00 293.50 Int. 2 R.SJS. 274.00 275.00N UK/Coot 273.00 274.00N Int. 3 R-S S. 271.00 272.00N UK Coot
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    • Article
      SSR and SMR
      113 4 NOON SSR and SMR prim yea) tarda y RA8 Fekun (Carraat MU) Buyer* Hellers Mtrek (Forward Mtk) Bay are Sellers SSR 20 (1 -too pallet) 248.50 250.506 250.50 252.50N SSR SO (1 ton pallet) 244JO 246 50N 246 50 248. SON MKKLB SMR CV (1-ton pallet) 301
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    • Article
      Straits Tin
      79 4 THE PENANG tin price yesterday (ell 21 cents to M 532.71 a Idle bot was still within the International Tin Agreement's middle ranee of W.II to $SL74, dealers said. Higher disposals of tin, aecamnlated daring the weekead, contrlbnted to the weakness despite Strang buying support, mainly frem Eorope
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    • Article
      CLOSING PRICES
      34 4 Rubber: Jan 12 Singapore: February: 288.50 cents (down 5.00 cents) Malaysia: February: 306.50 cents (down 4.50 cents) Tin: M 532.71 per kilo (down 21 cents) Official offering: 210 tonnes (up 64.7 tonnes)
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    • Article
      Lock icon STC places orders for rubber
      120 4 Reuter INDIA'S State Trading Corp (STC) has placed orders for about 2,500 tonnes of natural rubber, official sources said. India has so far imported 400 tonnes of rubber in the current 1980-81 season (April-March) while imports in the previous year totalled 17,400 tonnes. Officials said
      Reuter  -  120 words
    • Article
      Produce exchange
      174 4 CHINESE Prtiiet Kx ehii|«, aogapare, rhriag prim per IN kg yesterday. Cinit ail: Bulk fob $129.00 sellers, old drum (in second hand drum) fob $139.00 sellers, new drum fob $145.00 sellers. C«fn: Mixed (knae) $79.00 buyers. Pepper; Muntok white pepper fob Asia NLW $432.50 sellers, Sarawak white pepper
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    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattsa yarn: China Blue Phoenix 20s unq; 32s 2,690, 40s 2,990 (per bale of 400 lbs). Ptece gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • Article
      RICE
      332 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.15, 100 per cent second class 0.96, 100 per cent third class 0.95, 25 per cent new crop no stock, B-10 per cent 0.82. THAI BROKEN: A super 0.77, Special
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    • Article
      LONDON MARKETS
      940 4 COmas: Robusta futures closed the morning about steady, down from the session's highs but still with gains from Friday of £10 to £8 a tonne. Turnover was 965 lots including three options and around 550 lots of cross trades. Dealers said cross trading activity involving the spot January
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    • Article
      PALM OIL
      117 4 THE Kuala Lumpur market yesterday ruled lower on lack of buying interest in quiet trading, dealers said. In January, the central region eased M 52.50 to $962.50 a tonne while south was traded at the same level. In February, the southern region dropped $2.50 to $962.50. C.I.F. North
      117 words
  • ASIAN STOCKS
    • Article
      Share prices fall on profit-taking
      488 4 TOKYO SHARE prices yesterday fell on profit-taking after the market average rose briefly to a record high 7,264.26 for the fifth consecutive session, dealers said. The market average lost 10.69 in moderate trading to close 7,251.88 with volume 390 million shares. The Tokyo Stock Exchange
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    • Article
      Lock icon Hongkong
      347 4 Source: THE market opened higher yesterday on a continuation of Friday's fine performance by local shares both in Hongkong and in London. Early selling was absorbed quickly and the market continued to gain ground until mid-morning at which time the index was up 29 points. Late trading in most
      Source:  -  347 words
    • Article
      Sydney
      340 4 THE stock market yesterday was quiet as traders awaited clearer signals on metal prices and US interest rates, dealers said. The market's tentative stance and the absence of overseas buying saw the resources sector post some of the day's sharpest falls but selected oils continued to make headway. Elsewhere
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    • Article
      Bangkok
      257 4 STOCK prices yesterday closed higher in quiet trading, dealers said. Bangkok Bank rose four baht to 300, Mah Boonkrong Drying and Silo five to 184, Rama Tower 1.50 to 84 and First Trust and Industrial Finance Corp one each to 58.50 and 124 baht respectively. JAN 12 BahLs A
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    • Article
      Manila
      137 4 STOCKS closed mixed in reduced turnover, dealers said. 1 Philex B, Ist Phil Hold, ings, and PLDT were among gainers, while losers were. Phil Overseas and Seafront. JAN 12 Pesos Acojr Mining ***** -ooool Alius Con A Atlas Con B 3D -o s Baguio Ciold 0054 -0 0011 B*»ngu«-i
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    • Article
      Selected indices
      36 4 H.K.HANG SENG I -w Monday 1630 71 'T Friday 1006 63 Week Ago 1509.91 ~m AUSTRALIAN INDUSTRIALS Monday 667.6 Friday 668.8 Week Ago 663.7 ALL ORDINARIES Monday 708 4 Friday 712.1 Week Ago 717.®^
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      188 4 AN INVALUABLE GUIDE to the banking, finance and insurance community SR an ;V> -Jf V-.- B gfi £KB «r' v >*- r= <• -v «r d *v; *75** s <* KSLi XBGflto. n we* K3 *«E •r^-4 7 4, Kn ■>-. ->> m i& 3H a copy Available at all
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  • Article
    Partner wanted
    177 5 A RECENTLY formed marketing company in Singapore is looking (or a local partner. The company, Chetwynde-Hayes and Associates, otters marketing and research services of a wide nature to overseas companies wishing to sell their goods in the Southeast Asian area. The founder, Peter Chetwynde-Hayes, who has many years'
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  • Article, Illustration
    PEOPLE IN BUSINESS
    128 5 BERGER Paints Singapore has appointed three new executives. Peng Swee Seag has been appointed technical executive in the company's research laboratories. Mr Peng will be responsible for laboratory work, technical specifications and the provision of technical services to customers. Chew Keen Seng has been appointed technical service
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  • Article
    Wine house appoints distributor
    103 5 A FRENCH wine house, Borie Manoux, has appointed Fitzpatrick's Food Supplies (FE) as its sole distributor in Singapore. Borie Manoux is the owner of a large number of vineyards in various communes of the Gironde, and is established in the wine trade in Bordeaux. With the
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  • Article
    President of ACA due
    293 5 THE president of the Association of Certified Accountants (ACA), Miss V J Di Palma, will be in Singapore from Jan 16 to 20 on an official visit. She will be meeting members of the association and the president and representatives of the Singapore Society of Accountants,
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  • Article
    Science Centre seminars
    160 5 THE Singapore Science Centre and other scientific organisations have planned a programme of seminars, forums, lecture-demonstra-tions and film shows for the first-half of this year. A seminar on the use of micro-computers in science education will be held in May, in line with the centre's policy of
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  • Article
    TRADE TALK
    328 5 PAKISTAN International Airlines has connected two of its international stations Singapore and Bangkok to Repak, the airline's computerised reservations system. The national carrier has been sharing the computerised Gabriel system based in Atlanta in the US since June 1978. It will continue to use the Gabriel system for
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  • Article
    Thai airline sells plane to Singas
    208 5 THAI Airways Company (TAC) has finally succeeded in selling one of it 3 seven Avro 784 aircrafts to the Singapore General Aviation Service Company Private Ltd (Singas). TAC's managing director, Air Marshal Prayute Prachuabmoh, said the TAC board of directors has approved the sale
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  • Article
    Exporters of timber have bad time
    506 5  -  By RICHARD SEAH TIMBER exporters had a bad time last year and they do not expect any Improvement until later this year. Timber exports dropped 3.5 per cent from 1979. Only 1.8 million cubic metres of timber, valued at 11,116 million, were exported last
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  • Article
    MEMO PAD
    395 5 BEMINABB AND COURSES Jan 12-17: Asian Association of Management Organisations Course Leaders' Course, Hotel Equatorial, Singapore Institute of Management Jan 13-15: Computer Controls, Price Waterhouse Associates Jan 15-17: Planning Better Office Layouts, SIM Conference Room (3rd floor, Thong Teck Building), Singapore Institute of Management Jan 17-18: First Conference
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      150 5 The Goethe-lnstitut Y7 Singapore presents WERNER HERZOG JAN FILM FESTIVAL 4 6.00 pm Portrait Werner Herzog (Part I) 1 5 7.30 pm The Unique Defense Of The Fortress Deutschkreutz Signs Of Life 1 C 6.00 pm "Fata Morgana" I U 8.00 pm "Stroszek" |"f 600 pm Even Dwarfs Started Small
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      Page 5 Advertisements Column 2
      271 5 When Tony's old car stopped in the rain,more than his car broke down. i J > e6 v mi > :ft>" i til J$ f- -''l W'iF^H s ,/1 r r 1 7|| f <-r szyezz"-. m C m <v >/» '1 »/M Jf DBS Car Loans can help you
      271 words
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  • Article
    Unfair to the general public
    309 6 IT IS CERTAINLY late in the day, but still not too late for the Government to take a long, hard look at its package of fringe benefits and incentives for senior civil servants. To prevent an increasing drain of staff to the private sector, the
    309 words
  • Article
    Swings in rates much too sharp
    320 6 THE FACT that interbank overnight rates for local dollars collapsed to half a per cent in itself is nothing new. However, as yesterday was not a liabilities base day and overnight rates have been hovering around the 12 per cent region for the past
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  • Article, Illustration
    Bumiputras must make sacrifice
    1053 6  -  By A KADIR JASIN THE MALAYSIAN government's task of ensuring the success of the transfer of 30 per cent of the corporate wealth to the Bumiputras is a heavy one. Heavier still, however, is the challenge the transfer poses to Bumiputras. As emphasised by the Prime
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  • Article
    SOARING PARKING FEES
    793 6  -  roBPMflyji with TSANG SAU YIN THE LEVEL of parking fees in Singapore must go down as a classic instance of man's unthinking inhumanity. They destroy your faith in the goodness and fairness of human nature and they leave an unreasonable anger in peaceful people whose only fault
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      133 6 The tallest concrete Office Building on Earth is in Sydney, Australia Only a few floors are still available at Australia's most prestigious business address Commanding the Sydney skyline with breathtaking panoramic views of Australia's largest city, the magnificent MLC CENTRE towers 244 metres (800 ft) above the ground with 68
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      653 6 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Tight-fisted character? (5) 6 Repair area (5) 9 Like the weather in Monaco? (7) 10 Exceedingly risky speed? (5) 11 Carry out improvements requiring 12 hours to finish (5) 12 Odd but amusing (5) 13 Shoots of certain plants? (7) 15 Supplied with solid
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      588 6 TiV KHRWDIOBI Jazz from New Orleans IT IS NOT aftea that we get to Mteh jais mute perfarmaaces iver the gsagle kn bat there to sach a treat taalght, eaartoay af Captain their shew la New Orleans. After they shet to fame, they changed their lmagea to nit the time*.
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    • Miscellaneous
      Page 6 Miscellaneous Column 3
      180 6 8.15 On The Sunny Side 9.M Prog Summary followed by World of Animals t.IS Potluck 1.45 Science Report 19.•• Music While You Work 11.99 News in Brief 11.99 Oldies but Goodies 11JI My Music 12.99 Light Music At Noon 12.99 Lunch Date IJ9 PM News foUowed by Share Market Report
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  • Article
    Declining retail interest in Asian $ market
    1201 7  - Declining retail interest in Asian market By RUTH CHENG ALTHOUGH the Asian dollar bond market grew by an impressive 80 per cent last year, this has to be moderated by declining retail interest which will have a severe adverse effect in the long run. Major trading houses said the bulk
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  • Article
    Lock icon Offshore New York
    1193 7  -  SET-UP OF INTERNATIONAL BANKING FACILITIES Come October, reports DAVID LASCELLES, New York goes .into offshore banking business in the hope of recapturing some of the business lost through the toughness of US banking regulations. American banks will be allowed to set up in the United States itself
    FT.  -  1,193 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      60 7 An el with every purchase of a Graetz colour TV s•5 3 5 n J Buy a 66 cm. Graetz colour TV and get the magnificent rack illustrated complete with easy-roll castors. t f Buy a 51 cm or 56 cm Graetz colour TV and get the useful display rack
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Not the right time
      649 8 KENNECOTFS BID FOR CURTISS NYT. THE KENNECOTT CX)RP, from a look at its balance sheet, has chosen a poor time to undertake the complicated and costly attempt to acquire a major block of stock in the Curtiss-Wright Corp. Falling copper prices, a costly strike by miners
      NYT.  -  649 words
    • Article
      Eni subsidiaries seek listing
      237 8 ENI, the Italian state energy agency, plans to secure a bourse quotation in Milan for several of its best known and successful subsidiaries, at present wholly-owned by the group. Eni's intentions were first unveiled last month by Alberto Grandi, its president. Detailed technical studies are now
      237 words
    • Article
      PHILIPSGKN MERGER PLANS
      126 8 NV PHILIPS Gleeilampeafabrlekea has held preliminary talks with Gteat, Keea aad Nettlefalds Lid (GKN) abaat a pasrible merger at the twa grasps' welding activities. The talks have reached a stage at whleh it Is reaaaaable to expect aa agreement. The aim Is to achieve a merger by
      126 words
    • Article
      Lock icon Alcoa debentures
      77 8 Reuter. ALUMINIUM Co of America plans to die with the Securities and Exchange Commission for a proposed public offering of US$l5O million of 30-year sinking fund debentures. Alcoa said proceeds will be used for general corporate purposes. The company noted its 1981 capital spending is estimated at $775
      Reuter.  -  77 words
    • Article
      Unchanged dividend
      156 8 SWISSAIR is not expected to cut its dividend for 1980 in spite of a net loss incurred in its flight operations last year, bourse dealers in Zurich said. In view of its substantial capital needs over the coming years, the airline company would hardly want to jeopardise its
      156 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      194 8 Where to wine, dine and entertain 'A V -:-v Wti < z W *1 Jmjm Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY—THURSDAY (except public holidays and holiday-eves). For full details of the
      194 words
    • Advertisement
      Page 8 Advertisements Column 2
      174 8 lubertus ®riU For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Mondav. toFridav SIS serv ice charge 3'?> cess •Javanese Rijstafel Saturdav& Sunday >lo 10% service charge Vf, cess For reservations cail 7^7 L )f>77 J i s W «'llliii*\ I'i irk Slhtiiloii i i|h iiv *0 m
      174 words
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      Page 8 Advertisements Column 3
      145 8 Everything's here 1 ft c. ■c. 9 U<%, bW All the ingredients for an enchanted evening are here Superb Continental cuisine and choicest vintage wines In an elegant and romantic atmosphere complete with candlelight and strolling minstrels And service that is impeccable and unobtrusive Come, spend an enchanted evening at
      145 words
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      Page 8 Advertisements Column 4
      152 8 QOQOQ Inn Of Happiness 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. IfiM HMON NTERNATIONAb SINGAPORE JBB CD Offers you
      152 words
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      Page 8 Advertisements Column 5
      158 8 See Page 4 for Asian stocks C=>J N* 1 1.. 1 $5 restaurant Charming Garden Special Beef Don't miss the dining experience of Chinese Hunan Cuisine Business Hours: Daily 11.30 am 2.30 pm 6.30 pm 10.30 pm 214 Dunearn Road OnnhTri Inn Sinjapo,ell29 lInJ H 111 Tel *****49 2& -a
      158 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      464 9 THE US dollar weakened against the local dollar yesterday on news of a fall in latest money supply. From an opening of 2.0760/70 against the local dollar, it managed to gain slightly to 2.0780/90 at lunchtime only to fall to the day's low of 2.0745/55 at 4.30pm. Following
      464 words
    • Article
      TOKYO
      191 9 THE dollar for overnight delivery yesterday closed at 302.00 yen, compared with a 201.80 opening in Tokyo and 20Q.60/80 close in New York, last Friday, dealers said. Trading was active, with volume US$l.O4 billion. The dollar firmed to the day's high of 202.25 yen just before the close as
      191 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.4 per cent.
      22 words
    • Article
      ASIAN $ RATES
      188 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Jan 12: US Do liar* (Spot) Offer B>d 7 days 20i 20 1 month IB 1 19 2 months 189/10 18 7/16 3 months 17 15/18 17 13/16 6 months 1811/16 16 9/16 9 months 15«4 15* 12 months
      188 words
    • Article
      Discount
      6 9 ±M Source: National Discount Co
      6 words
    • Article
      Frankfurt
      39 9 FRANKFURT exchanges opening quotes on Jan 9: US 1.9678/88 (1.9600/10) Stg-4.722/728 (4.705 715) Can —1.6570/89 D F1 91.91/92.03 S Fr —110.53/69 Lit 2.103/06 F Fr 43.17/24 NKr-38.15/21 B Fr (con) 6.212 19 B Fr (fin) 6.193/203 Yen 0.9730/50
      39 words
    • Article
      GOLD
      175 9 SINGAPORE gold futures yesterday closed generally easier compared with last Friday's closing levels in thin trading, dealers said. Total sales for the day was recorded at 72 lots while volume for kerbs was at 84 lots with activeness mainly centred on February, April and June contracts. February closed weaker
      175 words
    • Article
      Silver quotes
      39 9 New York 15 25B 15 JOB 15-5SS 15 60S Zurich 15«0B 15 MB 15.70S 15 70S Frt Singapore MM 15 25B 15.OB 15.65S 15 JOS Closing price* In US dollar* a troy ounc Source: Credit Suisse, S'pore.
      39 words
    • Article
      LONDON
      196 9 THE dollar steadied yesterday to 1.9660/70 marks from its opening 1.9610/20 in quiet trading as Eurodollar deposit rates firmed marginally from their opening lows. The dollar closed in New York on friday at 1.9785/ 9800, but later fell in West Coast trading to 1.9625/75 on news of a sharp
      196 words
    • Article
      Hongkong
      169 9 THE US dollar yesterday recovered some ground lost after the announcement of the US money supply figures on Friday, dealers said. Dollar deposit rates edged higher about V« point during the day, prompting dollar buying from local, and later European sources. The dollar recovered to a late 1.9650/60 marks
      169 words
    • Article
      Credit of US$200m
      936 9  -  STATE BANK OF INDIA FRCDs By RUTH CHENG THE SINGAPORE branch of State Bank of India is providing financing valued at US$2OO million to ventures in Singapore, Indonesia and Malaysia. In addition, preparations are under way for the issue of floating rate certificates of deposit (FRCDs) in
      936 words
    • Article
      Lock icon HK DEPOSIT RATE CUT
      351 9 AFP. THE RATE of interest paid by Hongkong banks on 12-month deposits have been cut by one per cent to 13.5 per cent per annum from yesterday. The current 17 per cent prime lending rate was not changed nor was there a change in the interest
      AFP.  -  351 words
    • Article
      Midland International manages Laker issue
      178 9 MIDLAND Bank International, which is financing the purchase of Singapore Airlines' Airbus aircraft, is leading a consortium to finance Laker Airways' purchases. Sir Freddie Laker, chairman of Laker Airways, last week signed in London a US$l3l million loan package provided by a consortium of international
      178 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      618 9 We call thcm leaming aids. \bur children will call than fun. I /ft tger^ m right, ru get tO oof of V tO. y oO $pefi Extra ,l(( Speak Spell j Discover the magic of Speak Spell the /Of J world's first talking electronic learning aid. J It is programmed
      618 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1950 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 Acai a (1MB)
    1,950 words
  • Article
    Unit trusts
    176 10 ■wunnijwrm m ou» MOOT AOL (Manager** prttM far Jia IS) (m .mi f prteaa Hrimmll) The fifWIBHW 1.37 354 Iruoo Spare F INCOM1 uod LM L30 The Savings Pond 100 110 MM n inwr S pore Prof Fund LIB 1.52 (C«n Income Bond «-»prteaa> LB S pore Sac.
    176 words
  • Article
    SHARE INFORMATION SERVICE
    2761 10 Gr*» Gr*« Net Day 1BOO/1B81 Last Div Div Y'id P/E Vol High Low Company Sale +or- Cvr COOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 372 245 Acma 330 10 15.0 2.8 45 13.0 1 330 330 300 220 Alcorn 300 12.0 25 4.0 17.0 149 116
    2,761 words
  • Article
    In Kuala Lumpur
    1957 10 BID and otter prices officially listed and h»Hrfn— 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. MKJmuu Akmm (2.838 2JSS) (1) 2.H (2) 2 83 (8)1* AMD (L
    1,957 words
  • Article, Illustration
    Spotlight on properties, plantations
    712 10 PBOPESHES aad rejsve■»t«< tißßiiljf ih»r«« teak ever Ike market Iwiw ■tip yesterday la aaether active tradtag day at the Stagapere stack exehaage. New la M» seeead week ea Ike rise, the market appeared la ae ahertage ef bayera dariag tke day^»~"»Mg rally. A dealer qaipped tkat
    712 words
  • Article
    Bulls swamp KL market
    584 10 VOLUMES rose sharply on the Kuala Lumpur Stock Exchange yesterday as the bulls continued to swamp the trading floor. The 11.52 million units recorded in the turnover (value at $38.99 million) was the highest seen for a long time and exceeded even the peak of 10.633
    584 words
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  • COMPANY NEWS
    • Article
      Perak Carbide gets acquisition approval
      483 11 PERAK Carbide's proposed acquisition of (our property companies Jareen, Seri Teratai Properties (STP), Gilden Developments and Syarikat Pembangunan Jayabaru has been approved by the Malaysian Capital Issues Committee. In a supplemental offer document to shareholders, Perak Carbide said the consolidated net tangible assets per share
      483 words
    • Article
      DIVIDENDS ANNOUNCED
      422 11 Current Payment Ex Date Booka Close Date Total for Total for Payable tke year Previous year Allied Choc Berjuatai Boast* ad Bousteadco C AC CCM C Sugars Chin Teck D Keramat FAN Kamuntiug K Lanjut K K am par Kullm Mala M Breweries M Containers M Glass MTC
      422 words
    • Article
      SCRIP ISSUE
      284 11 Company Particular* Ex Date Books Close Alcom API C 4k C H Loonflad Hotel Royal K Guan Flour Magnum Corpn M Banking Peri M»ia Perils Plant Proposed rights Issue of 2 fori $1.70 per share Proposed rights Issue of 1 for 1 $1.00 per share Proposed bonus Issue
      284 words
    • Article
      Uncertain future at Wearne Bros
      554 11  -  By CHOO AI LENG MOTOR group Wearne Brothers faces an uncertain future in view of the grow, ing competition, higher overheads, and a possible slowdown in vehicle sales. For these reasons as well as higher interest rates and escalating fuel prices, Wearnes has found it
      554 words
    • Article
      Remisiers at Pacific Union threaten to go slow
      287 11 REMIBIEBB a laeal itiekknktag firm have ttfiitti to strike »r »t least |t slew en trading. It wh leant yesterday that re misters of Pacific Usisa were ukappy aheat the maaagemeat's decMsa at the beflulag at the year to raise the rates
      287 words
    • Article
      Batu Kawan turns in record profit on better margins
      722 11 OIL palm company, Batu Kawan has achieved a 16 per cent rise in earnings on the strength of better oil palm output and higher rubber prices and investment income. Group pre-tax profit (or the year ended Aug 31, 1980 rose from
      722 words
    • Article
      Investment tips from remisier
      80 11 A REMISIER from J M Sassoon and Co (Pte), Mr Ng Soon Chye, will give a talk on how to invest/trade in the Singapore and Malaysian stock markets at the National Library on Saturday at 3pm. Topics covered will include the functions of both exchanges, the
      80 words
    • In Hongkong...
      • Article
        JARDINE,
        67 11 Matheson and Co said it will seek shareholder approval to renew a mandate allowing the directors to issue and dispose of additional shares of up to 10 per cent of the company's issued share capital. Such a mandate has to be renewed annually under the Vocal stock exchange rules.
        67 words
    • Article
      RESULTS DUE
      393 11 Date L UtFUITM r Ctmpuy rent® 1 wrtl Net EPS Gross Pre-tax last year <«■*> Dtv. n M 111 rrtot Pahang Coos F 11/11 1.3 2.5 1,634 A Hitam Plant I 27/12 a.i a.o 1,125 Rothmans I »/l 47.4 20.0 a,891 Ayer Molek F 26/1 24.8 a.o 434
      393 words
    • Article
      Lock icon Firmly entrenched
      507 11 uaiam by HOCK LOCK SIEW YBO Hiap Seng's latest results, which show group pre-tax profit growing by a mere 7 per cent, appears uninspiring compared with those during the heydays of 1977-78 when it rose by more than 40 per cent. At $10.3 million before tax (after-tax figures
      by HOCK LOCK SIEW  -  507 words
    • Article
      COMPANY MEETINGS
      231 11 ALUMINIUM CMBpuy Maiayrta Berhad: EOGM to be beld at Bangunan MIDF, 195A Jalan Pekeliling, Kuala Lumpur, at 10 am on Jan 15. CHIN Teek Ptaatatteaa Berhad: AGM to be beld at 2nd Floor, Wisma Bin tang, 47-49, Jalan Bukit Bin tang, Kuala Lumpur on Jan 17 at 10
      231 words
    • LATEST RESULTS
      • Article
        DUFF Development Bhd's
        94 11 pre-tax profit for the full year to Aug 31,1980 amounted to $3.21 million compared with 13.27 million for the previous year. Turnover, however, was slightly higher at $20.85 million against $18.95 million previously. The directors have proposed a final dividend of 2 I A per cent (unchanged)
        94 words
      • Article
        BATU Kawan
        89 11 made pre-tax profits of $26.61 million for the year ended Aug 31, 1980 compared with $23.01 million previously. Turnover was also higher at $60.91 million ($59.60 million). A final dividend of 15 per cent will be paid on Feb 27 to shareholders registered on Feb 17. The higher
        89 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      124 11 m. EXPO TRENGGANU g SRaUP Kuala Trengganu, Jun 13-***** OI TRENGGANU lointly or|anised by: I rmtjtjanu Mate C.overnnM'nt &l rengganu Malay Chambrr ot Commmr and Industry I The Opportunity State An exposition for manufacturers, processors, distributors, agents or from any aspect of the business community Here's the chance for you
      124 words
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      Page 11 Advertisements Column 2
      126 11 From now on the others will have to try harder! This is what car rentals are all about We offer as near perfect a service as you'll ever get. Because the only cars we rent out form part of our franchise range. Which means that every car rented from us
      126 words
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  • Article
    No new faces among PAP second-line leadership
    254 12 THERE ARE no new faces among the PAP Government's second-line leaders. As expected, all 14 Members of Parliament who had previously held responsibilities as ministers of state and parliamentary secretaries will be re-ap-pointed and sworn in before the President on Friday. Twelve of
    254 words
  • Article
    Lock icon Formation of Asia-Pacific bankers club
    224 12 AFP THE establishment of an Asia-Pacific bankers club, which will be the regional counterpart of the International Monetary Conference, was discussed in Manila last week during the three-day visit of Japanese Prime Minister Zenko Suzuki. Sources said top officials of the Manila-based Asian Development Bank
    AFP  -  224 words
  • Article
    Lock icon Threat of rising urban population
    184 12 AP A TOP Asian Development Bank (ADB) official said yesterday that the urban population in developing Asian countries has burgeoned to 290 million. He called for sound urban planning to check the growth of Asian slums. Speaking at a regional seminar on metropolitan management, ADB
    AP  -  184 words
  • Article, Illustration
    Lock icon Japanese Prime Minister arrives today
    183 12 Reuter JAPANESE Prime Minister Zenko Suzuki (abcve) arrives in the Republic today for talks with Singapore leaders expected to focus on his country's possible security role in this region. Singapore is the Japanese leader's third stop in his current tour designed to strengthen Japan's growing
    Reuter  -  183 words
  • Article
    Lock icon POLICE EVICT 60 POLISH UNIONISTS
    142 12 UPI POLICE have evicted about 60 members of Poland's independent labour confederation from a sit-in at a government building in the southern town of town of Nowy Sacz. The report, by Warsaw Radio, is the first reported use of force against the Solidarity Union. In
    UPI  -  142 words
  • Article
    Malaysia clarifies dividend policy of unit trust
    572 12 ALTHOUGH it is unlikely the dividend of Malaysia's Amanah Saham Nasional Berhad (National Unit Trust) will fall below 10 per cent, there is no guarantee that this might not happen in the event of national or international calamities. However, the Malaysian government will
    572 words
  • Article
    Lock icon KL government urged to be more selective
    247 12 AFP MALAYSIA should welcome only transnational corporations (TNCs) which are willing to set up an industrial base in the country and which make use of Malaysian resources in manufacturing. The Minister for Agriculture, Mr Abdul Manan bin Othman, yesterday said this would encourage
    AFP  -  247 words
  • Article
    Lock icon British MPs warn Taiwan textile manufacturers
    215 12 Reuter A BRITISH parliamentary group has warned Taiwanese textile manufacturers that no more counterfeit "made in England" labels will be tolerated. Mr Leo Abse, Labour MP and leader of the group, said counterfeiting by a small number of textile factories in Taiwan using "made
    Reuter  -  215 words
  • Article
    LONDON STOCKS
    838 12 LONDON, Mon. Share prices were lower in moderate trading today with bearish weekend press comment and the threat of an all-out strike by the British National Union of Seaman combining to depress sentiment, dealers said. At 3pm, the Financial Times index was down six points at £5.2. Oils
    838 words
  • Article
    Lock icon Dow Jones up sharply
    58 12 AP NEW YORK, Mon. The stock market rose sharply this morning, sparked by hopes for a further decline in US interest rates. The Dow Jones average of 30 industrials climbed 11.17 points to 979.86 in the first half hour. Gainers outnumbered losers by a 6-to-l margin
    AP  -  58 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      162 12 THE CERTIFIED DIPLOMA IN ACCOUNTING AND FINANCE the management qualification in accounting for the 1980s. The Certified Diploma in Accounting and Finance (CDAF), awarded by the Association of Certified Accountants, UK, has grown to be the premier internationally recognised management qualification in Accounting and Finance. The Certified Diploma Scheme provides
      162 words
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      Page 12 Advertisements Column 2
      225 12 George Fischer offers its well known quality products also in the Far East. I^j m- V v M 7/ The machine tool program: numerically controlled lathes, copy lathes, end-turning machines and automation equipment A 7 "Sr f <• y '4 ff V-l I RUTI textile machinery, a remarkable range of
      225 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      60 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair and windy. Report for 24 hears prior to 7Jt p.m. on Juury 12 at the airport. Maximum temperature 29.8 Associated humidity 59 Minimum temperature 21.9 Associated huhiidity 89 Hours of sunshine 5.85 Rainfall in millimetres Nil Total rainfall for
      60 words
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  • SHIPPING TIMES
    • Article
      Bigger bumiputra share in Janas Sharp
      208 13 C F SHARP and Company (Malaya) Pte Ltd's decision to form a joint venture company with Janas Sdn Bhd is in line with the Malaysian government's policy to give bumiputras a larger share of the economy. Mr D A Thorbura, managing director of C
      208 words
    • Article
      PKA urges consignees to speed up clearance
      666 13  -  A DROP IN DELIVERY OF 'BOXES' BY G DURAIRAJ DESPITE appeals by the Port Klang Authority and forwarding agents, consignees in Malaysia are still reported to be slow in lodging their papers for early removal and delivery of their containers from the port's
      666 words
    • PORTSIDES
      • Article
        Lock icon Tanker orders
        112 13 AFP ABU DHABI National Tankers is to sign before Thursday a contract for construction of three 27,500-deadweight-lon oil tankers with the Atlantique De St Nazaire shipyards, the French company said. The tankers will be fitted with 13,000-horse-power engines and have a speed of 15 knots. The order represents
        AFP  -  112 words
      • Article
        Lock icon Witass raises charges
        63 13 Reuter THE Association of West India Trans-Atlantic Steam Ship Lines (Witass) said it will raise the landing, storage and delivery charge at Paramaribo, Suriname, to $16.80 from $15.55 per freight ton, effective for vessels loading from Jan 19. The landing, storage and delivery charge for motor vehicles
        Reuter  -  63 words
      • Article
        Lock icon Oran port closed
        142 13 Reuter THE port of Oran in western Algeria has been closed by the authorities owing to severe storm damage, according to a report received from Hamburg by Lloyds Shipping Intelligence in London. A large part of the breakwater has been destroyed and up to 90 per cent
        Reuter  -  142 words
    • Article
      INDEX TO ADVERTISERS
      641 13 SUpptas Uh Pa«c Cat Shipping Line PM* C«l Achipelego Adriatic AflM Afro-Eurasia All trans Alpae Angkutan Angonave ANL AntoLl APL Argentine ASCL Asia Merchant Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Ben bulk Bintulu Blue Diamond Blue Funnel Blue Star Burmese CAVNFMG CCN1 Ceylon
      641 words
    • Article
      Container Schedules
      849 14 LCL CONTAINERS UNPACKED IN CONTAINER FREIGHT STATION (during the period 11.1.81 at 0700 hrs to 12.1.81 &t 1500): Vessel LARGS BAY Voy No. 04/413 Arrival Date: 9.1.81 Agent/Line Container: 8EGANI HLCU *****16 HLCU *****29 HLCU *****65 HLCU *****92 HLCU *****38 HLCU *****80 HLCU *****51 HLCU *****10 HLCU *****75
      849 words
    • Article
      LONDON FREIGHTS
      1442 14 BROKERS reported quiet grain chartering on Friday with the unchanged rate of US$3l fio paid from the US Gulf to Japan, while a $2 increase was seen for a cargo from the Gulf to Algeria in Jan. Scattered business out of the US west coast included grain from
      1,442 words
    • Article
      SHIPS IN PORT
      525 15 EXPECTED ARRIVALS TODAY CONTAINEB TERMINAL Minx Hope 50 Navalis 49N N Adezhda Obukhova 54 Neptune Crystal 49 Unicon 51N JURONG PORT Anco Sceptor (alongside) B6 Deepa Subur (0630) B3 Delima 121 (0930) 810 Grecian Temple (alongside) B5 Interactivity (1400) B4 Kinabalu Tujoh (alongside) B2 Kayumas Ramin I
      525 words
    • Article, Illustration
      Largest crude oil tanker
      214 15 A BLESSING wwrniiy sf t mimnwfli taaker the 544,T0 dwt erade sil taaker Semwtte Gimat med by the C Y Tug Gnmp sf eampaaies, «M keM Dee 21 la Jiyai. Claimed by the Graap to be the wsrid's largest ship, the Atuhe Ghat is jeiatly ballt
      214 words
    • Article
      Lock icon STRIKE PARALYSES BRITISH PORTS
      404 15 Reuter BRITAIN'S 26,000 seamen has launched a strike campaign which will hit ferries and trade after talks on their 16 per cent pay demand broke down late on Saturday. The Dover-Folkstone area in south-eastern England and Liverool were the first targets of the planned 24-hour strikes
      Reuter  -  404 words
    • Article
      Lock icon Sun Co will phase out new ship construction
      1175 15 NYT THE Sun Co, the country's lOtb-largest oil corporation, stunned the economically depressed city of Chester last week by announcing that its shipbuilding subsidiary, the city's leading employer, would phase out all new-ship construction, eventually eliminating about 3,100 jobs. The announcement was
      NYT  -  1,175 words
    • Article
      Lock icon US decision on canal project
      262 15 AP JAPANESE International Trade and Industry Minister Kosobuke Tanaka said on Saturday that the attitude of the United States towards building a new sea-level canal will be known after Jan 20, when Ronald Reagan is sworn in as President. Japan has been highly interested in
      AP  -  262 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2521 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 of
      2,521 words
    • Article
      SCI proposes 'consolidation port' plan
      205 20 IN a major move to boost container traffic and check the efforts of some foreign shipping lines to scuttle Indian plans for containerisatkn, the state-owned Shipping Corporation of India (SCI) proposes to make either Madras or Tuticorin a "consolidation port" for handling container operations, says
      205 words
    • Article
      Lock icon BOAT CAPSIZED
      95 20 AP A TOTAL of 114 persons were reported missing when a boat carrying 129 passengers and 12 crew members capsized off the coast of central Kalimantan (Borneo) three days ago, Antara News Agency said on Saturday. Strong winds and high waves were believed responsible for the accident, Antara
      AP  -  95 words
    • Article
      The Consortia
      134 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.
      134 words
    • Article
      Tonnage handled at ten major Indian ports
      465 20 THE ten major ports of India Bombay, Calcutta/Haldia, Cochin, Madras, Visakhapatnam, Para dip, Kandla, Mormugao, Tuticorin and New Mangalore handle over 200,000 tonnes of cargo every day, says the newly-published 1960 Review of the Indian Ministry of Shipping and Transport. When the new
      465 words
    • Article
      Lock icon Pakistani ship grounded
      116 20 UPI POWERFUL winds forced a Pakistani freighter to run aground in waters off southwestern Japan on Sunday and caused a minor oil spill. The Japanese Maritime Safety Agency spokesman said there were no injuries among the 50 crew members of the 9,868-ton Iqbal Baksh which suffered unspecified
      UPI  -  116 words
    • Article
      Lock icon Sweden provides aid to Imco
      111 20 Reuter CP SRIVASTAVA, visiting secretary-genera] of the Inter-governmental Maritime Consultative Organisation (Imco), said that Sweden had provided U*****,000 assistance to Imco to help developing countries resolve environmental problems. Mr Srivastava said Imco had been able to make a sound impact on shipping in developing countries
      Reuter  -  111 words
    • Article
      Lock icon Indonesia arrests 182 vessels
      62 20 AFP A TOTAL of 182 ships were apprehended during an operation launched one year ago against intruders in east Indonesian waters, the Indonesian navy announced. Of the 182 apprehended ships, 82 mostly Taiwanese fishing boats were detained and turned over to the authorities concerned for further
      AFP  -  62 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      734 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. SMPage V RI) IM I All H HSEALORDO FULLY CONTNMEKtSCD SERVICE TO EUWfE (VIA SUEZ) •QCVALER DOS 23* KOREAN lAC£*ON UN IkCKATO* 21* KOREAN IACEJM 8* I
      734 words
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      Page 13 Advertisements Column 2
      21 13 p J I IR9I FA IS FA U Ft* 14 FA 22 FA 23 FA 21 Ma 1 Mb 2 I
      21 words
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      Page 13 Advertisements Column 3
      508 13 vs\vu-ss\ T% SINGAPORE Business Tmes Penodcciis Pubtcafton MATTER I*l MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: VS. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Penang Vessel Saied Safe) 17-11/1 24-25/1 31-1/2 74/2 14-15/2 21-22/2 21/2-1/3 SMGAPOtt CIOSMG TMES CY lSttt JAN 1500 HRS CFS 17th lAN 2400 HRS ossas TO:
      508 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      770 14 CONTAINER SERVICE Mm Far 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. L Havre. Bilbao. Basle. UK. 3) Bremen. Bre*enka*en. Aartuis. Co«enftagen, Helsinki 4) Malmo Stockholm. Oslo 'Accepting Europe carp tor feeder ma S pore 'Also direct cargo tor Spore t Bangkok Pts contact PIRUSC P Kdanf tor teeder arrangement Aba Franc
      770 words
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      Page 14 Advertisements Column 2
      329 14 815 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA ft. I*| Ma nrm CM IMM U* CM B mrt H Tart NrM MaMn St Mm ROA Hwita MB T* 17-17/1 IV2 a/2 23/2 24/2 21/2 27/2 V 3 4/3 MHO TOM T4/1 H-H/l 27/2 4/3 C/ 3
      329 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      476 15 Overseas Containers Limited Weekly service to/from UK/Europe OCL camiaosHr same to un/cownptT: Ba, Out! BJV tlx Mm com FWMW/ 1 H'tert 21 >m r«a* Lt Ham S'kM PMmi bU 14 ka 15 laa It ha l« ha 21 ha IS ha 17 ha It ha Kim 27 ha Ttkm 22
      476 words
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      Page 15 Advertisements Column 2
      176 15 rfo Franco Belgian Services B 9 iF tr East French Service i.v B, l.jxan tir E :sf« rn Line* SEAPAC CONTAINER SERVICE SINGAPORE ENQUIRIES *****X4 CFS 7T2*041 Terminal *****36 Optorg Shipping Pte. Ltd. ua'a Lumpur Port K#<ang v P#»f»ting Jmym 77V»01 P«n.ng *3245 frn E L M A m Span
      176 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      670 16 Hapag-Uoyd lIUTH EUROPE [DgWTSj I S pore PK Pen Bilbao Genoa H'barf B'ha«en Rdam Antwerp 29/1 31/1 3/2 4/3 25/2 14/3 12/3 9/3 7/3 22/2 24/2 25/3 19/3 5/4 3/4 30/3 28/3 TO USA/CARAM •connect in Kooshtung 'connect m Tokyo (CARGO TO ATLANTIC AND. GULF PORTS VIA MINtLANOBRIDGE) B'ha» Rdam
      670 words
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      Page 16 Advertisements Column 2
      431 16 KOREA LINE SHIPPING CORPN P. Kei«i| PEMMG STOK ALT MR 1591 V 12-17 Jan lt-20 Jan 21-24 Jan FROM BUSAN BANGKOK ALTMRI6OE 12-17 tan lt-20 lan 21-24 Jan TO BUSAM VEGA 157W 22-26 Ftb 27/2-1/3 2-5 Mardi FROM BANGKOK VEGA 15ft 22-26 Feb 27/2-1/3 2-5 March TO BUSAN KSC KSC
      431 words
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      Page 16 Advertisements Column 3
      546 16 EVERGREEN LINE FAR [AST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTHG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP II HAVRE ALSO ACCEPT iC CARGO FOR: UWTED MWGOOM SOUTHAMPTON LONDON MANCHESTER. BJRMKGMAM BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY I HOLLAND AMSTERDAM tMfUtftf 17/01 27/« 7/«2 sm 11/02 14/12 IVK Efw«c*T 27/11 17/t2 IJ/W
      546 words
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      Page 16 Advertisements Column 4
      798 16 'BURMESE NATIONAL LINE" LOADMG FOR RANGOON B f SS C A«nh <n Motor«o BOUSTtAD SHPONG TtL NOS KL *****2/*****9 "arge^NVNA^NAL\!NE" Spare 31/31 Ja 27/21 FA Tr import acton Maritima Maxicana S. A. "MEXICAN NATIONAL LINE" FM EAST/MEXICO ft CENTRAL MOtCA SOJVtCf "M TMM tew* of Latfng" 10A0MG FOR (JCtIMOA MMUNLLO.
      798 words
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      Page 16 Advertisements Column 5
      623 16 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE AUSTRALIA SERVICE NAVFMCE SaM hi tat MEL. STD (ACQ) MAT Cm 15/ 1C FA 17/11 Fab STD. MEL. AOEL JAPAN/STRAITS SERVICE ailfl P MmC Panang SUNffOCEAN SaM MPart MAMIMAMJ MPart OCEAH RESOURCES SaM MPart SUBLME MPart 16-11/1 arSMM STAR 24-25/1 24-27/1
      623 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      745 17 )p X uccmwj f wwwwtj lU| L. PIL GROUP EAST AFRICA/REDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES KOTA BU ANA KOTA MACHAM. Singapore 14/16 Jan Loading For Chittagong, Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES |p/14 Jan KOTA ANGKABA. SINGAPORE/INDONESIA/SINGAPORE SERVICES SEA. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ Navalis Navalis •2nd Call: LCL
      745 words
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      Page 17 Advertisements Column 2
      687 17 r rrc* BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE IT* ll* fartl to 24/1 USm 3/2 Hw B'lomo R tow Haw* U K 19/2 21/2 22/2 24/2 14/2 1/3 3/3 21/2 5/3 C/ 3 1/3 3/3 21/2 V 3 4/3 HUM OMR H'BURC 8 HAVEN ROAM HAVRE SOTON W
      687 words
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      Page 17 Advertisements Column 3
      601 17 Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE l)Ww*B2)r«Ml 3IH bor|4)G bwi !V1 2/2 3/2 V 2 V 2 V 2 10/2 12/2 2/1 3/3 5/3 1/3 10/3 12/3 1) Svcftow Gmm. la»ara 2) AmMmi Mw t It 111 l—l UK Canary tttanfe J) tnmm I'—■ Mm. Aarltn Cnpima|aa, mm, 4) M
      601 words
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      Page 17 Advertisements Column 4
      563 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUMON I SOUTH AFRICA SNIRRA BANK SHIRRA BANK SINGAPORE In Pt •to Reunion 27/1 Durbon 4/2 Oytown 12/2 PtEliz 10/2 (also accepting East London and Maputo cargo) Lines U.S. WEST COAST SERVICE Oboct from SfO Ibdi ASHLEY LYKES 13/1 10/1 BMNTON LYKES 3/2 31/1
      563 words
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      Page 18 Advertisements Column 1
      633 18 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA to|Mt Mm acceptable tar IMW hmamm, fmtmi. Hearten. CMNStoa. New Orie. Beeton. SI Ma. PlMepMi RmMi. Ukm. Savaaah. tociaMi* TO EUROPE Spore P Uttang L Hawe IT (Jam Hburj Bremen A «er p C. MS 23M 14/1 M/i
      633 words
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      Page 18 Advertisements Column 2
      513 18 CUFOHM/HlCflC NORTH WIST SERVICE EXPRESS CONTUKR/REEEER SERVICE -—-I Mr i(js ANGELES SM FtMKBCO. SEATTLE, TkCQMA VANCOUVER B C Accaptaf fa/fQ Cartmm AUSTRALIA EXPRESS CONTAINER SERVICE Hcaftmt fCI/fa Cartam NEW ZEALAND SERVICE VBHW MXni" V6HV* TASK' imUKK WMRR I N>a/wfi I*lll P Keuoj S«|apor« 23 In JAPAN SERVICE Trtrtawa Paaant P
      513 words
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      Page 18 Advertisements Column 3
      595 18 S A(>roii|t SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCE AN BUII DING SINGAPORE 0 104 MARKETING *****2 (3 LINES' GENERAL *****1 14 LINES TERVinal Of F ICE *****83 TELE* RS 2459b RS ***** A 3 CARSMIP CABLE CARGOSMIP lllifi l[e<|i»nal Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK •CII PONT
      595 words
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      Page 18 Advertisements Column 4
      584 18 KORINS MARITIME SERVICES -f Room 60 1 ICE bo'id'ng. Way Smqacore Te 22't322 a *****6" MIDDLE EAST/RED SEA/EUROPE SERVICES loaomg for \vJL\SAI*I ItK Lir\ts ir A Tient*' Of *t*e OtKiP Cofnpjn*LINER SERVICE FROM KOREA T AiWAN HONG KONG TO SINGAPORE Mm Bnsm Racing H.Kont Spare HANKOOK 74 T lyundae nrerpri.se
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      Page 18 Advertisements Column 5
      629 18 V INTRASEA (PTE) LTD. lUUI| FaOe' House 23JE Orchard RoaC Sir"gac«Dre9 Telephone 1 "*****57 I'l .I„|' S>er» t. >ria|NNt Load* tar II Mi 22 tm BOULOGNE IDA* MR(AVON) ALKYOMA WIN.. Af«rfv SMfapwe MTRASEA (TIE) LTD 2352*11 BOOK *****57 K. Ltaapa TEO SHPfMC A TRAOMG 4MM4. *****2. 4AM7I hm( ma OVERSEAS
      629 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      679 19 k Wi FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): remfcer o f 'h* ACE Consort, Also accepting cargo to/from Scandinavia +C. ROZE S'pore Closing Times: FCL Cargo 2000 13/1 LCL Cargo 0800 13/1 FROM EUROPE (VIA SUEZ): Havre 0. CHEF 22E Sailed It CORAL 21E Sailed HK CONTAINER
      679 words
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      Page 19 Advertisements Column 2
      255 19 <!%>:])?![,'~/=)|`){~!>)?:;,]?- CORPORATION 8/A "MHIMT V«y. M-E Ait*: T* imammry I*l Place «t Svv^: p 8 A Gto General Survey on damaged cargo discharged ex the above vessel will be held on 13th January 1981 from 8.30 a.m. No further survey will be held after this date VOY: 141 •rrM ttk
      255 words
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      Page 20 Advertisements Column 1
      323 20 MALDIVE LINES ETA ETA KUANTAN PORT KELANG MALDIVE NEIGHBOUR 20/1 Loading For Dubai/Bahrain/ Dammam MALDIVE LOYALTY In Port Loading for Hodeidah MALDIVE SEAFARER In Port Loading for Jeddah/Guan MALDIVE PIONEER 30/1 Loading For Jeddah MALDIVE MPORTER In Port Loading For Male MALDIVE PROGRESS 20/1 Loading For Jeddah MALDIVE CREST 18/1
      323 words
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      Page 20 Advertisements Column 2
      297 20 ft JOHORE SHIPPING LJr 161 lAIAN UNGKU BADAR PORT HFIANf. SHANIiOR Malaysia PKLG RIZCUN HASANUN V: 1/11 to Port RIZCUN HASANUN V: 2/tl 26/1/81 RIZCUN HASANUN V: 3/11 10/2/S1 HAMDAH V: 1/11 IS/l/tl HAMDAH V: 2/tl 26/1/11 HAMDAH V; 3/tl 1/2/81 HAJ SHIPPING SDN. BERHAD k Express Unittoad Service from
      297 words
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      Page 20 Advertisements Column 3
      254 20 THAI YANG SHIPPING CO. SON. BHD. HI INN TING Ml INN TMB fc* M f| 0n« *0T I/O 11/I$ M «0T 2/n 14/15 F* Mh NAM HUA SHIPPING SDN BHD M 91 MM MM Ml 1/tl 11/12 Nfe MINI MM MM Mil 2/11 23, 24 F* *MI9IMMMM IB 4 1/11
      254 words
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      Page 20 Advertisements Column 4
      298 20 Are you making full use of the Shipping Times as an effective selling medium? For further enquiries call: Shipping Times Tel: *****44, Extension 351 or 367 Times Centre I, New Industrial Road Singapore 1953. Tel: *****2 Ext 38 or 39 Financial Publications Sdn Bbd 31, Jalan Riong, KL 22-03 i
      298 words
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      Page 20 Advertisements Column 5
      189 20 4 blue star line SINGAPORE NEW ZEALAND FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND, WELLINGTON, CHRISTCHURCH NEW PLYMOUTH PT CHALMERS KN ZEAL AH) SIM AUSTRALIA STM A m» w illl SPORE AGENTS MKRLION SHIPPING AGENCY PTE LTD. 1102 A MARINA HOUSE. 70 SHENTON WAY
      189 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      146 20 t I ft A ft 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 Rain Cloudy Sky Wave height Sarfaee «Wi an Indicated by irmn which fly with the wind One full circle represents calm
      146 words