The Business Times, 23 January 1981

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, JANUARY a, 1(81 60 CENTS
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  • BRIEFLY...
    • 62 1 UPI SEOUL, Thurs. South Korea's Supreme Court will deliver its decision tomorrow on the appeal against death sentence of the country's leading dissident, Kim Dae-Jung, who has been convicted of attempting to overthrow the government. A panel of three justices, believed to have already reached a
      UPI  -  62 words
    • 70 1 AFP MANILA, Thurs. An export credit financing institution will be set up by the Philippine government this year to support its programme of expanding its market worldwide, Industry Minister Roberto Ongpin said today. Mr Ongpin said the proposed institution is in line with the government's marketing drive
      AFP  -  70 words
    • 72 1 Reuter BELFAST, Thurs. Security forces on both sides of the Irish border today hunted for gunmen who shot dead two leading Northern Ireland Protestants and set ablaze their stately home. The bodies of Sir Norman Stronge, 86, former Speaker of the British province's now-defunct parliament, and his
      Reuter  -  72 words
    • 64 1 UPI TOKYO, Thurs. Japanese importers said today they will ask China to reconsider its decision to raise its crude oil price by US$3 per barrel, retroactive to Jan 1. They said their representatives are scheduled to visit Beijing in mid-February to make the request. China told Japanese importers
      UPI  -  64 words
    • 69 1 SEOUL, Thurs. Overseas construction contracts won by South Korean firms rose to an alltime high of US$B.26 billion in 1980, surpassing the previous record of $8.14 billion set in 1978, the construction ministry said. The 1980 total compares with the original target of $6 billion and $6.35 billion
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    • 63 1 UPI JAKARTA, Thurs. US General Electric has won a major tender to equip Indonesian-Spanish CN-235 aircraft with CT-7 engines, the Indonesian government announced today. Research Minister B.J. Habibie said General Electric won a one-year tender and will equip CN-235 aircraft, jointly produced and designed by Indonesia's state-owned Nurtanio
      UPI  -  63 words
    • 69 1 AP WIESBADEN, WEST GERMANY, Thurs. US State Department officials said that the Americans held in Iran had been beaten, threatened with loaded pistols, held in primitive conditions and been victims of mock executions. Reports of the mistreatment of the American hostages, including what former President Jimmy Carter called
      AP  -  69 words
    • 25 1 NEW DELHI, Thurs. Rebel activity is reported to have increased in and around the southern Afghan town of Kandahar, diplomatic sources said today.
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  • 135 1 Rises Kiagi 1350 400 Tronoh Mines 2100 200 Autril Anal 1250 100 C K Tang 570 100 H Leonf Credit 430 100 out 820 05 Malayan Tin 570 50 Nat Iron 700 45 Mine Court 580 45 Gaatiafa 000 35 Falls 8«1 Properties 1460 -40 M Cement
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  • Article, Illustration
    148 1 Rises Troooh Kg Lanjut S'pore Land A Amal N Iron C Sugars Malayan Tin Srn Resins S'pore Glass Knr*u>i Berjuntai C Prop DBS If Banking Mi Pen Bolton UM Wort 2150 830 750 1310 820 1050 610 690 292 840 1460 390 865 1610 990 338 458 +130
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  • 629 1  -  MAIN SUPPORT FROM KUWAIT By CATHERINE ONG THE $500 million international petroleum centre to be built in Singapore will be financed substantially by petrodollars from Kuwait and other oil companies. The Singapore Government will take an initial 40 per cent stake but is expected
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  • 277 1 NEARLY a hundred purchase enquiries have been received for the 32 units of a new condominium project at St Patrick's Road. All that the prospective buyer can now see is a piece of vacant land. Piling has not even started, and the developer, Maxwell Realty, is
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  • 433 1  -  By AGNES WEE MR WEE Mon Cheng, the former ambassador to Japan, said one of the differences between Singapore and Japan is that the former tends to be more individualistic in outlook. To a large extent, this is of Western origin. Mr Wee, who was
    433 words
  • 425 1 SINGAPORE bought US$3.5 million worth of Les Must de Cartier products in 1980, an increase of 70 per cent over the previous year. This compares with the rise in Cartier's world sales of 45 per cent over the same period. Mr Alain Perrin, chairman of Cartier
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  • 217 1 MALAYSIA'S totoattea to trei at now airspace will The mm lit will be heM to Bugbk At Ike Aala aai PmHb regl—al efflee «I Ike tatoMttwl Civil AvUOm Orpin ttoa (1CA0), Nan tlnptee ewtnL ICAO*> regtoaal repremee£«" Thto wu tey«Je< by ICAO
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  • 530 1  -  By CHOO AI LENG THE WEALTHY Hong Leong group, which already has vast interests in the finance and property sectors, plans to establish a chain of hotels in Singapore. It proposes, through its property arm City Developments, to sell whollyowned subsidiary Orchid
    530 words
  • Page 1 Advertisements
    • 31 1 Computer Safe Maximum Protection and Security t For Data Media SECURITY IgXdl I SYSTEMS PTE. UMTTED <2* 45 Podium Block, Goklhill Plaza, Newton Road, Singapore 1130 Cable: EDP SYSTEMS Tel: *****11/3
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    • 43 1 They teel lighter, look more elegant and as beautitullv detailed as ever. x An exceptionally attractive slip-on in 4 special colours. Black Kid White Kid Brown Kid Taupe Beige Kid Sole Agent lor S.E. Asia Hong Kong Taiwan S.G. PARRETT SON <PTE> LTD.
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    • 60 1 Leader...page C SHIPPING TIMES ASEAN (mm dttdcalty ta gel- MITSUBISHI Trist sets ap ttmgcml I refTwetatlve afflcw QUALITY Cutnl Clrek* pnve OOOP rwfWW to P»l«e« BRIGHT mmweeta tor MMito WESTERN —tto— til But all itatm I tton Mgitot Ir— 12 CROSSWORD L TV AND RADIO C, VDSBI TO WINE AND
      60 words
    • 3 1 See page fi
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    • 370 1 A gnat way to fraud The ASEAN Report Update Published by The Asian Wall Street Journal The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within ASEAN Indonesia, Malaysia, the Philippines, Singapore and Thailand. The ASEAN region is
      370 words

  • REGIONAL
    • THE REGION IN BRIEF
      • 457 2 Agencies CHINA has told Nippon Steel Corporation that it wants to cancel its plan for the second stage construction of a giant steel mill being built at Baoshan, near Shanghai, as part of its economic adjustment brought on by a large fiscal deficit of the Chinese government.
        Agencies  -  457 words
    • 450 2 ASEAN countries will have difficulty negotiating individually with big coal producers because their needs are too small compared with the Japanese and the Europeans. Another possible reason for the difficulty could be that they lack adequate unloading facilities for coal. This observation was
      450 words
    • 269 2 AP AN AUTHORITATIVE source in Beijing has emphasised that China will remain politically and militarily stable despite changes in its leadership, Hongkong's major communist newspapers reported yesterday. The Chinese-language Wen Wei Po and T* Kung Pao said the source pointed out that to Judge China's political
      AP  -  269 words
    • 782 2 ARRIVALS Service Local Operator Number Time Froi GU THAI SWR MAS SU PAL SU MAS SN GU KLM SU SU GU SU MAS SAS THAI MAS SU GU SU SU LUFT SU CAL ATLOT GU MAS SU GU JAL CPA SU SU GU GU MAS SU QAL
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    • 246 2 Reuter JAPAN will send an investment study mission to four European countries in early March in an effort to strengthen economic relations with the European Economic Community (EEC). The Japanese Ministry of International Trade and Industry (Mitl) said the mission, made up of
      Reuter  -  246 words
    • 299 2 AP Reuter AUSTRALIAN Foreign Minister Tony Street and his Japanese counterpart Masayoshi Ito agreed yesterday that their countries should take Joint steps against the Soviet Union if it intervenes in Poland. The agreement came during dicusskms between the two ministers in Tokyo, a
      AP; Reuter  -  299 words
    • 210 2 AFP THE TOKYO Metropolitan Government yesterday notified labour unions that it planns to reduce the number of personnel by 5,100 in fiscal 1981, beginning in April. The move by the deficitridden organisation is part of some of the measures it will take to restore its financial
      AFP  -  210 words
    • 434 2 Reuter PRESIDENT Marcos yesterday rejected opposition allegations that the interim national assembly is still not tree to act even though martial law has been lifted and power formally transferred to it. He also declared for the first time that anyone is free to publish a
      Reuter  -  434 words
    • 151 2 UPI INDONESIAN ministers met executives from US-based Exxon Chemical Company yesterday and discussed a Joint venture for the construction of a US$l.5 billion olefin plant in North Sumatra. The Aceh plant, to be built 1,700 km north-west of Jakarta, is a major component of
      UPI  -  151 words
  • Page 2 Advertisements
    • 199 2 Carrier's New Super Round One jj/d more energy efficient Carrier's new Super Round One (38VE) is a major breakthrough that's big on energy savings. It gives you central airconditioning that's 33% more efficient in terms of aircon running costs. And it's big on versatility t00... it can be applied to
      199 words
    • 97 2 w I From our ot Buocra images Since 1918, the Kwok family has catered 10 the impeccable tastes of collectors in this region and the world over. Today, we offer a massive collection of over 4000 pieces representing almost all areas of Chinese artistry from the dynastic days of China
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  • OVERSEAS
    • 541 3 NYT THE Reagan Administration said on Wednesday that it was reserving judgement on the agreements with Iran for releasing the 52 American hostages that were negotiated in the last hours of the Carter Administration. Both White House and State Department spokesmen
      NYT  -  541 words
    • 260 3 Reuter ALGERIA, battling to get France to pay more for its natural gas, has sharply cut the volume of oil it is selling to Compagnie Francaise des Petroles (CFP), a French state-owned oil company. CFP said on Wednesday it had signed a
      Reuter  -  260 words
    • 677 3 NYT THE US Commerce Department has reported that the American economy grew at a 5 per cent annual rate in the fourth quarter of last year. The report demonstrates once again that the economy is stronger than expected. The fourth-quarter results bring to a close a turbulent
      NYT  -  677 words
    • 294 3 UPI ISRAELI Agriculture Minister Ariel Sharon is stepping up settlement projects in the West Bank for fear an electoral victory by the opposition Labour Party would curb the Israeli colonisation drive in the occupied zone, aides say. Sharon earlier this week presided over a
      UPI  -  294 words
    • 314 3 AFP THE image of President Valery Giscard d'Estaing has sharply deteriorated in the eyes of the French electorate less than four months before the presidential elections, all the polls published in the last three weeks have shown. Socialist Francois Mitterrand, due to officially launch
      AFP  -  314 words
    • WORLD IN BRIEF
      • 376 3 IRAN has surprised international bankers by starting to repay most of its loans from all foreign banks, the Financial Times of London reported yesterday. Under the hostage deal, it had been assumed that only those banks with heavy US bank participation would be repaid from the special account
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  • Page 3 Advertisements
    • 28 3 direct from Antwerp. Belgium S. PEPER FAR EAST DIAMONDS PTE LTD Rm 704. 7th Floor Shaw House Orchard Road. Singapore 0923 Tel. *****31 Telex No RS ***** FEDIAS
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    • 106 3 S.v r v Singapore: the third largest port, third largest oil refining centre and the third largest exporter of No-Frost refrigerators in the world. ACMA has made Singapore proud of being the world's third largest exporter of high quality, originally designed No-frost refrigerators to more than forty countries in the
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  • RAW MATERIALS
    • 199 4 THE internationally-known Commodities Research Unit (CRU) forecast that tin prices are likely to remain at their current levels for much of the first half of this year, with a relatively mild recovery likely to take place in the second half. The current price trends
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    • 213 4 WHEAT futures in Chicago on Wednesday closed down 1 V« cents a bushel in nearbys to up V« cent in December. Two middle contracts settled unchanged from Tuesday's close. Sympathetic local long liquidation following the sharp decline in soybeans forced the two near contracts back to the minus side,
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    • 192 4 SOYBEAN futures in Chicago on Wednesday ended at or near new day's lows, down UV4 to Vh cents a bushel in hectic trade. Spot January, which expired at noon, settled four cents a bushel lower. Active local long liquidation and commission house stop-loss selling pressured values, traders said. They
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    • 205 4 In Kutla Lam par, the market closed lower at 304.00 cents a kilo for February One RSS buyers, down half a cent from Wednesday's close, dealers said. Prices were marked down 1.50 cents from Wednesday's close following slightly easier London advices but recovered then on nearby short-covering in quiet
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    • 297 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, 280.50 281.50N 280.25 281.25N Int. 1 R.S.S. February 282.75 283.25 282.25 282.75 Int. 1 R.S.S. March 286.25 286.75 285.75 286.25 Int. 2 R.S.S. 267.00 268.00N 266.50
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    • 105 4 NOON SSR u id SMR pncee yesterday RA8 SSR 20 SSR 50 (1-ton pallet) (1-ton pallet) February (Current Mth) Buyers Sellers 245.00 246.00N 241.50 242.50N March (Forward Mth) Buyara Sellers 246.50 248.50N 243.00 245 00N MRELB SMRCV SMRL SMR 5 SMR CP SMR 10 SMR 20 SMR
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    • 75 4 THE STRAITS tin price in Penang yesterday wit unchanged at M53t.55 a Idle and still within the International Tin Agreement's middle range price ef $31.11 to $32.74, dealers said. Steadier overnight Landan advices and gssd bnylng support from Europe and Japan helped the market to maintain Wednesday's level
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    • 32 4 Rubber; Jan 22 Singapore: February: 282.25 cents (down 2.25 cents) Malaysia: February: 304.00 cents (down 0.50 cent) Tin: M 530.55 per kilo (unchanged) Official offering: 180 tonnes (up 9 tonnes)
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    • 89 4 THE Malaysian Minister of Finance has fixed these rates for the period from Jan 22 until further notice: BaMer: 303 7 /i cents a kilo for RSS One; Copra: M 5785.00 a tonne; Palm keraei: $955.75 a tonne; White pepper: $3,758.33 a tonne; Black pepper: $2,610.67 a
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    • 172 4 CHINESE PrHiee Exektige, flanpsrr, *~t prleci par IN kg yesterday. Csesast «0: Bulk fob $129.00 sellers, old drum (In second hand drum) fob $139.00 sellers, new drum fob $145.00 sellers. Cspra: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $440.00 sellers, Sarawak white pepper faq
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttsa yara: China Blue Phoenix 20s 2,050; 32s 2,715, 40s 2,910 (per bale of 400 lbs). Piece gssds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 332 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.17, 100 per cent second class 0.97, 100 per cent third class 0.96, 25 per cent new crop no stock, B-10 per cent 0.85. THAI BROKEN: A-super 0.77, Special 0.75.
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    • 886 4 COFFEE: Robusta futures yesterday closed the morning steady, unchanged to £7 a tonne down from Wednesday. Turnover was 581 lots including six options and around 170 lots of cross trades. At the close, March and May finished the morning unchanged while November lost £7 at £1,064. Spot Jan
      886 words
    • 157 4 THE Kuala Lumpur market yesterday continued firmer on refiner covering and overnight buying demand in Rotterdam, dealers said. Unconfirmed reports that Indonesia is to ban palm-oil exports from February and Pakistan's purchase of 5,000 tonnes refined bleached deodorised at US$5B5 March 25/ April 25 shipment, cost and freight,
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  • ASIAN STOCKS
    • 531 4 TOKYO SHARE prices yesterday fell on increased profit-taking with buyers cautious about current high prices, despite fairly active buying by foreign investors, dealers said. The market average shed 22.05 to 7,293.28 in active trading volume of 400 million shares. The Tokyo Stock Exchange index ended
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    • 323 4 THE market opened sharply lower yesterday on a continuation of Wednesday's downward momentum. After the initial wave of selling was absorbed, the market steadily gained back lost ground. The index was off 38 points at 11 before fighting back to close down only 14. Some profit-taking in the last
      323 words
    • 286 4 STOCKS yesterday again eased as early bargain-hunt-a evaporated in a bout of ng near the close, dealers said. Among leaders, BHP firmed 10 cents to A 515.50, CSR was unchanged at 16.70, WMC fell 14 cents to $5.10, Mim rose 13 cents to $4.06 and CRA was unchanged at
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    • 253 4 STOCK prices yesterday closed higher in quiet trading, dealers said. Bangkok Bank rose two baht to 300, Mah Boonkrong Drying and Silo five to 196 and Industrial Finance and Jalaprathan Cement one each to 124 and 114 baht respectively. JAN 22 Bahts Amu Credit 123 unch Asia Fibre 141
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    • 132 4 THE stock market yesterday was mixed with turnover rising to 3.8 million pesos from 2.8 million dealers said. Apex Mining B, Surigao Con B, Pogei, Ist Phil Holdings and San Miguel B Rose. JAN 22 PfSOh A«ojf Mining (1062 unch Atlas Con A Atlas CM B 31 50 unrh
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    • 51 4 FINANCIAL TIME8 INDUSTRIALS Wednesday 461.7 Tuesday 458.6 Week Ago 446.0 DOW JONES AVERAGE INDUSTRIALS Wednesday »46.25 Tuesday 850.68 Week Ago 866.47 H.K.HANG SENG Thursday 1532.27 Wednesday 1546.06 Week Ago 1612.08 AUSTRALIAN INDUSTRIALS Thursday 661 4 Wednesday 663.6 Week Ago «60.7 ALL ORDINAR1E8 Thursday 678.7 Wednesday 682.0 Week Ago
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  • Page 4 Advertisements
    • 128 4 Singapore: Now you can take every advantage of us. The Singapore Branch Office ofLTCB opens today. Suite 2201/2204, OCBC Centre, Chulia Street, Singapore 0104 Tel: *****3 Telex: ***** (LTCB SIN) Cable Address: BANKCHOGEM SINGAPORE General Manager: Hiroshi Moriyama an v". -=r K 4 w i Nil ■S LONG-TERM CREDIT BANK
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  • TRADE AND INDUSTRY
    • 309 5 SHANGRI-LA hotel is offering an annual scholarship to enable young people to further their education and vocation in the hotel industry. Applications for the scholarship are now open to candidates who are eligible for admission into a course of study at one of five universities in the
      309 words
    • 185 5 WOODWORKING equipment worth $11.9 million were sold at the recent Wood '81 and Furniture '81 exhibitions. The exhibitions, organised by International Trade Fairs, attracted 4,000 visitors, 34 per cent of whom were from abroad. The exhibitions were open only to trade visitors. About 195 exhibitors par-
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    • 89 5 LIGHTWEIGHT fibreboard baggage containers are being used by Air New Zealand on some routes to reduce weight and to cut costs. The containers are being given a three-month trial on direct services to Singapore and Hongkong. Each of the fibreboard containers, made in the United States by Container
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    • 56 5 SWISS Bank Corporation has appointed Peter Stami senior vice-president and manager of Swiss Bank Corporation, Singapore branch. He replaces Reto Cavelti, who has been promoted to senior vice-president and manager of the bank's Tokyo branch. Prior to his present appointment, Mr Stussi has been stationed in Paris,
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    • 502 5 SEMINARS AND COURSES Jan 17,24,31: Cost and Management Accounting Principles and Practice, Waterloo Centre, Personnel Organization Development Jan 19-24: First Regional Workshop for the Asean Development Education Project, Regional Language Centre, Vocational Institute Training Board Jan 19-Mar 9: Financial Accounting, Bukit Timah Campus (Nissen Hut 9B), Department of
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    • 227 5 EMPORIUM Holdings (S) will open its largest store tomorrow at Causeway Bay, Hongkong. The retail group, which operates more than 50 outlets and restaurants in the region, has invested HK$l3 million in the new store, named Klasse Grand Department Store. Occupying six floors
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    • 99 5 TWO constraints in the production of high quality goods at low cost in the 80s are capital scarcity and difficulties in the management of people. This assessment -was made by Tom Freed, manager of intercontinental marketing for Hewlett Packard's data systems when he addressed a half-day seminar
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    • 150 5 AN Australian company is looking for a Singapore agent to market its word processing software package. Designed by IMS Computer Systems, the package will suit more than 40 types of micro-computers. Called Word Manager, it has a dictionary which ensures the correct spelling of 20,000 words, and
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    • 393 5  -  By AGNES WEE A SEMINAR yesterday indicated that quality control circles can be applied to improve efficiency in sectors of the economy as diverse as banking and manufacturing. The QC circle, commonly adopted in Japanese companies, usually comprises a small group of 4 to 10
      393 words
  • Page 5 Advertisements
    • 258 5 4 H V s it tm M is hs trr >lidg r*ri Itij arw l fs very ownership is sheer testimony to the kind of man or woman who owns one. The advancement of fine Suiss watch technology; the perfect creation of the master craftsmen —unexcelled in beauty, design and
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  • 405 6 THE FACT that Singaporeans were prepared to fork out $3 million last year for Cartier products is further proof of the growing affluence of some members of our population. It also points an unwavering finger at the fact that Singaporeans are increasingly pouring good, and
    405 words
  • 261 6 THE JURONG Town Corporation (JTC) can take due pride in having secured the participation of the Kuwaitis in the proposed International Petroleum Centre. At this stage, it is, of course, nothing more than a US$4OO,OOO commitment to a feasibility study. But when this
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  • 1016 6  -  ECONOMIC EXPANSION IN THE ARAB WORLD Bankers and economists have predicted bright prospects for the oil states of the Middle East. Their second phase of economic expansion, reports TfIOMAS THOMSON, will be more controlled and better planned. In the article below, ALY MAHMOUD singles out Bahrain as an
    Reuter  -  1,016 words
  • 746 6 Reuter FULFILLING its slogan of "Wealth Without CHI," Bahrain has completed a decade of successful economic diversification. Neighbouring oil-rich Gulf states have been encouraging this pattern, while themselves urging programmes of gradually diminishing reliance on crude oil. Bahrain, a tiny island state half-way down the Gulf,
    Reuter  -  746 words
  • Page 6 Advertisements
    • 163 6 I Why idle away your life and languish in poorly paid jobs with no future when you can move ahead with the RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and get just THAT QUALIFICATION! Institute of Administrative Management Institute of Bankers
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  • Page 6 Miscellaneous
    • 630 6 -IM-ONE CROSSWORD i 2 Not so easy (6) 3 Mob (6) 4 Bind (3) 5 Small shoot (5) 6 Built (7) 7 Eyelid inflammation (4) 8 Players (6) 12 Long nose (5) 13 Halts (5) 14 Spiky flower (5) 15 Bell-shaped flower (5) 16 Fermenting agent (5) 18 Vegetables (5)
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    • 698 6 BORN INNOCENT TWO programmes to leek forward to this eveaiig. Scl-fl freaks should keep their date with Buck Rogers at 8.45 pm. Tonlrht. Back has the pleasalght, Back has the pleasaat task sf eoeortlag aad protectißg Mas Cosmos, a genetically per feet womaa. Bat Mas Cosmos Is threatened by a
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  • 2218 7  -  Today marks the inauguration of the Singapore Refining Company (SRC)'s refinery expansion on Pulau Merlimau. But there are indications that the oil refining capacity in Singapore will not increase further. The industry is now adopting a different strategy. RONNIE LIM gives you the details.
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  • 798 7  -  FORUM with LEE YOKE MENG POLITICS is a strange thing. It couldn't have been too long ago when all the world (including the American voters) raved over Carter's role in the Camp David settlement between the Israelis and the Egyptians. Now, the same James Earl Carter
    798 words
  • Page 7 Advertisements
    • 67 7 This announcement appears as a matter of record only January 1981 P.T. SUMATEX SUBUR (A Tata-Khatau Sponsored Project) SYNDICATED GUARANTEE AND MEDIUM TERM LOAN US DOLLARS 10,841,000 Managed by: State Bank of India Singapore Branch Provided by: State Bank of India Singapore Branch IBU International Finance Limited, Hong Kong United
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 222 8 JAN 21 KN ABX 27 >00 unch MHM W HO -0 7 Mtmi 17 10 0 1 A ME1 91 50 -0.5 Ami.in U >00 Amrnbiik 57 00 -0.5 18 00 1 Brrfc 48 00 -2 b.»i> 55 80 -0 45 ll4»rMiniii 20: 150 -1.7 liur 1111 57 i0
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      • 282 8 JAN 21 Krs CORBEILLE Air-I.i|u»de 479 50 -6 H S N <Imfti 1 hi I lone 1010 -20 C* S K i ThomsonCsf> 365 -33 (V Kr. inc. use Pet roles 221 -23 (DinpiiKiiie Kinam CompaKine (ienerale 371 1 Credit Fonrirr IJe Kranre llaehette < Iabrairie > 370.50 -4.5
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      • 233 8 JAN 21 Dm A«*it-TH«*tunk<>n 7010 -09 Ak/o 15 JO 0.2 All/ Lrlfi 1050 00 unch All/ Wrs 485 00 5 BASF 122 00 -03 Buy H T Wbank 295 00 Bay Vbank 299 00 6 Bayrr ***** 06 BBC ***** BMW 150 00B unch C'avsHlu I'hril) Vffl Z"* 226
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      • 94 8 JAN 21 Kr* FORWARD MARKET Arrr 275 -5 Arbcd 1192 -4 A>iur 430 |Q Bra sr.id 952 •18 Bru-Latnb 950 unch tan par 1092 •36 Cock 171 1 L>r 315 +12 Kbfs 1590 -35 Pumm 3030 -70 Ch-lnno-bui 2006 -5 Gfv 1300 unch Hobok 2510 -40 Prtro 5020 -70
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      • 178 8 JAN 21 Francs Anions Suissfs jsrt unch Alusuivtr Br 1135 15 AIunuiw Ref 440 unch Bromn Bovrri Br 1435 unch t'lba tinyy Br 1000 20 Clba O ij> P C no 20 C'lba Gricy Rrf S59 4 t'rvdil Suivsr Br 2725 -S Crtdit Suimt Reg 460 unch KlrklromJit Br
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      • 103 8 JAN 21 Lire Anir 8 unrh A vmx on *****0 -950 Buxtofl Onlratr ,'~Z 2wmo -90 Mkaa 2190 1 KniMdrr 74 -575 Cwn 1 in mob 2547 •I IKI Pri 4940 450 Itakrniriui 3480U *800 Italga» 1700 -30.5 lUUKlrr 200 -1 25 Magnrli M PI MOM -0.5 Marrlli Krr
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      • 206 8 JAN 21 It Ahilihi S Alian 38 Algntii.i 39 Bank Mont 32 Bank Nova Scotu 33 Br II Tfl 19 B«*th Corp BP l an Ltd -to 1 Bravan 35 OMB HihI Lakt* 65 1 Can Imp Uk 28' > unch Canpac Canpac In\ P! 20 unch Carting O'Krric*
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      • 302 8 JAN 21 Hand INDUSTRIALS A Alpha 400 unch Ahervom 320 10 AK Ami CI 825 10 AM 11* 2550 25 Bar Urns 1070 30 Cf Sunar CIA 540 OUTtr finance 225 unch L>* Bwr» I nd 2700 Edion 635 8700K unch Emnfti Krd Yolk zrz 485 unch KMRM 237
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  • Page 8 Advertisements
    • 193 8 Where to wine, dine and entertain Get away to Sentosa Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY—THURSDAY (except public holidays and holiday-eves). For full details of the 50% DISCOUNT OFFER. JSKL call
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    • 121 8 UUm i.wmitramm\ For sushi. For teppanyaki. For other authentically Japanese delights. Open daily: 12 noon 3 p.m. 6 30p m. 10.30 p.m. For reservations call *****77 j < < K 11'\ I 'iii'k Ht MI ■mii| H m c.HfßiTO'iMO'fL' A\: QSRSi Sfc»'< 13 rv LUNCH i fc«A <u Hors d'oeuvres
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    • 149 8 See Page 4 for Asian stocks and Page 9 for NYSE prices The Great Family Do-It-Xxirsetf Barbecue. 'I e > V V r +W k *\urm S* Wh W bW Ju <* 3 A Merlin Grill Speciality From Mongolia comes a barbecue more succulent more delicious than any barbecue you
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    • 147 8 OOQQQ Inn Of Happiness Nowopen at the Hilton Z*' 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. lO| HUON INTERNATIONAL
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    • 132 8 u sit i m This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table. It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen. Siamese Seafood Restaurant a Oxley Rise/Penang Road. Singapore
      132 words

  • BANKING AND FINANCE
    • 489 9 THE US dollar traded marginally firmer in the Singapore market today. It opened at 2.0750/70 against the Singapore dollar. At lunch time, it was slighty firmer at 2.0705/15. At the end of the day, it was being quoted at 2.0760/70. Isfr* 1 fecwaH rates at S §m: One
      489 words
    • 109 9 THE US dollar yesterday was mixed against major currencies in active late trading, dealers said. Attention was focussed on the mark, where active two way business saw the dollar resistant around the 2.0070 mark level. The US unit traded at a late 2.0100/06 marks, above its early 2.0006/91 but
      109 words
    • 67 9 THE dollar yesterday opened steady against most currencies with the exception of sterling, mainly due to firmer US interest rates. Opening quotes yesterday: US 2.4165/15 Can 2.8775/8810 Cross -1.1802/05 D Mk 4.8550/600 D F1 5.2765 825 S Fr 4.4000/75 B Fr coo 78.11/21 F Fr 11.2225/425 Lit 2306.10/2309.90 Yen
      67 words
    • 39 9 FRANKFURT exchanges closing quotes on Jan 22: US 2.0100/10 Stg 4.855/865 Can -1.6863/83 D F1 91.86/97 S Fr —110.11/23 Lit 2.102/06 F Ft 43.22/28 D Kr unq NKr-38.31/36 B Fr (con) 6.210/220 B Fr (fin) 6.196/205 Yen 1.00Q9/45
      39 words
    • 244 9 THE OLD LADY of London's Threadneedle Street, the Bank of England, has let slip her veil of secrecy. In an official statement, the bank gave the public a glimpse of its role as an intermediary in the delicate financial settlements made in the
      244 words
    • 54 9 THE AMRO Bank of Amsterdam plans to open a subsidiary in Taipeh and has requested the Taiwanese government's authorisation (or establishing an office there. Amro is the secondlargest hank in the Netherlands. Last December, another Dutch bank, the H.B.U. (Dutch Union of Banks), opened an official
      54 words
    • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 14.5 per cent.
      22 words
    • 184 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Jan 22: US DoUara<8Mt) Offer Bid 7 days 19H 19 V, 1 month 19 Vi 19H 2 months 193/18 191/16 3 months 1813/*****1/16 6 months 17 7/16 17 5/16 9 months 16 5/16 163/16 12 months 167/16 15IV18 8wln.
      184 words
    • 44 9 RANGE of prices offered by discount houses on Jan 22: Overnight: 7Vt% Call deposits: <%% to 7V«% Closiaf Bajriaf Selliaf 3-month Treasury bills 015/10 613/16 3-month Bank bills 14 13H 3 months CD 120/16 12 7/16 6 months CD 1113/*****1/16 Source: National Discount Co
      44 words
    • 239 9 SINGAPORE gold futures yesterday closed easier compared with overnight levels after fluctuating marginally through the day, dealers said. Trading was light and news that Polish strikes will go ahead, after union/government talks broke down had little impact on the market, they said. Total sales for the day was recorded
      239 words
    • 35 9 New York 1490B 15.35B 15.30S 15.65S Zurich 14.SOB 15.SOB 15.20S 15 60S IL mI Singapore lllfl 15.00B WM 15.40B 15.40S 15.806 Closing prices in US doUan a troy ounci >. Source: Credit Suisse, S'pore
      35 words
    • 147 9 THE US dollar for overnight delivery yesterday closed at 200.40 yen, compared with a 200.30 opening here, and a 200.00/20 closing both in New York and on the West Coast on Wednesday. Trading was moderate with volume of US$B56 million. The market calmed in the afternoon after an active
      147 words
    • 952 9 NEW YORK stock prices on Wednesday retreated In moderate trading as investors remained cautious about the outlook for interest rates. Rate worries were reinforced by Federal Reserve dealings in the government securities market which Wall Street took as another signal the Fed is unwilling to let
      952 words
    • 300 9 A CREDIT facility (or about US$lO million was signed yesterday between an Indonesian company, P T Sumatex Subur, and a group of five banks led by the State Bank of India. Lead managed by the Singapore branch of the State Bank of India, the facility is provided
      300 words
    • 389 9 PRIME lending rates, currently at record levels in both the United States and Singapore, are likely to drop to about 14 per cent and 11 per cent respectively later this year. Mr Robert Savage, executive vice-president of the American Express International Ranking Corporation in New York, said
      389 words
    • 333 9 UPI THE Bank of America (BofA) has taken steps to protect more than US$9l million in disputed interest payments owed to the Iranian government. The bank filed papers in a US court asking that the disputed payments be added to the almost $406 million in
      UPI  -  333 words
    • 406 9  -  By ALVIN TAY THE MITSUBISHI Trust and Banking Corporation, Japan's largest trust bank, will open a representative office in Singapore on Jan 29. Its chief representative here, Mr Kuniyuki Nagata, told Business Times that the new office will provide customers in South-east Asia with necessary
      406 words
    • 45 9 THE EEBEEVE But ef Mtl— ef the tipn again! fterllig kv IJB per ceat to a aew bmw rale ef IUI to a peaad tram ll.lt to a peaad. lie aew baylag aad selllag rates are LINI aad l.lltl peaads respectively per 1M rapeea.
      45 words
    • 70 9 GOVERNMENT eaatrais aa interest rates aad haak leai» most be riwel te proa Mere ratteaal aad eflleleat Aastraltaa flaaaelal system. Aeeardlag te Babert LawSmith, ehalrmaa at the Natteaal Baak at Aastralaaia, while there Is sane mevemeat towards a freer system with the reeeat rnrlag ef government luitilttteaa la
      70 words
    • 237 9 AP SOUTH KOREA aims to limit the annual devaluation of the won to the US dollar to a maximum of 5 per cent this year, far down from last year's 36 per cent. Prime Minister Nam Duck-woo disclosed this during a nationally-televised panel discussion.
      AP  -  237 words
  • Page 9 Advertisements
    • 142 9 A GOOD YEAR Everyone knows that the economy performed reasonably well last year but our Trends section goes one up and declares 1980 an outstanding year for Singapore. Find out why in the January issue of Singapore Business. Other major articles include: Air Couriers: The Vital Link Timber: Branching Out
      142 words

  • 1947 10 BID and otter 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 at 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (3.406) Allied
    1,947 words
  • 162 10 ■NOtfOUUMRRUr <Min«n' prtM hrJiiO) The Commerce 3 46 3 66 The Savings Fund lot 2.20 S'pore Prog Fund 1.52 l.W S pore Sec. Fund 2.28 140 S'pore Invest Fund 2.07 2.17 S'pore Equity Fund 1.42 1.41 ASA UNIT 1 (Manager*' prteaa Mai Invest Fund Mai Prog Fund Mai
    162 words
  • 2783 10 Gr'« Gr*s Net 1980/1981 Last Div Div YTd P/E Vol Day High Low Company Sale or- C'vr (•000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 338 15.0 23 4.4 133 300 220 Alcom 300 12.0 23 4.0 173 155 116 Allied Choc 151xd 4.0N 1.9
    2,783 words
  • 2069 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 Arms (3.COS) AjUsmsU (3.168 3.305) Aicem (4) 2.82 A Ckae (1.528
    2,069 words
  • 706 10 SELECTED shares msved maderatoly ahead yesterday la aasther day sI firm tradlag at the stock exchange sf Slagapare. Several sitaatisa stacks opeaed sharply higher la the morning nssnton which weat through a steady te easier mead towards aaaa. A fresh wave sf baying Uefced eff
    706 words
  • 595 10 THE Kuala Lumpur stock market turned around for the better yesterday on moderate buying support. In contrast to the previous day's erratic trend, prices strode ahead from the opening bell with interest focused on several tin and industrial counters. There were obviously more buyers and
    595 words

  • COMPANY NEWS
    • 1178 11  -  Market Talk... By CATHERINE ONG STOCKBROKING firm Laurence, Prust said the Malaysian government's launching of a new unit trust for bumiputras is bullish for the market. During the past few weeks, the Malaysian government has announced a comprehensive programme to enable bumiputras to
      1,178 words
    • 620 11  -  By LOW LEE CHOO PALMCO Holdings' public issue of 6.77 million shares to the Malaysian public has been over-subscribed by 20.5 times. Of the 68,079 applications received for a total of 145.43 million shares of $1.00 each, 6,640 applicants were successful in
      620 words
    • 171 11 A SUBSIDIARY of Jack Chia-MPH, Tai-Pan Enterprises (S) Pte, has doubled its issued capital to $15 million by a rights issue. It is believed that the additional capital in TaiPan, owner of Tai-Pan Hotel in Victoria Street, will go towards financing the hotel's extension project.
      171 words
    • 338 11 Carreat Ex Bith Date Tata) far TaUitar PijrMrt Date Ctaae PayaMe the year Prevtaaa jn AUMChae 4%TE Jan 19 Jan 24 Jan 30 4%TE 3%TE Ayer Matok 30%(f) Jan 30 Feb 15 Feb 26 30%(f) 25%<g) Berjutal 40%I Jan 5 Jan 15 Jan 30 40% 85% C C
      338 words
    • 279 11 Ciipiiy Particulars Ex Date Bseks A una AkWB API C*C Betel Keyml K Qui Fleer Magaam Cerpe M Baattag PeglMsU Perils Ptaat Btkava Hydraalle 8aaye M SEAL Htaagfi Is STPlfH Y 18(11) Propoaed rights issue o(l for 4 12.80 per share Proposed rights issue o(2 fori 3 $1.70
      279 words
    • 184 11 BUSINESS Mine to a standstill at stonhhrsklag firm Oag aai Ciapisy yesterday aftornasa. While ether hrektog Onus ttvtty, all snecTsSr aai wwtai at Tsag Eag Bolidtag were («net to evaeaate. Oag aai Ce was a* exeepttsa. A Ore hreke sat to sae sf
      184 words
    • 479 11 UtMM'3 HOCK LOCK SIEW THE latest move by City Developments to bring together its hotel interests under a single listed company, King's, seems logical in principle and is but another part of the master plan to reorganise the entire Hong Leong "empire" which stretches from Pasir
      HOCK LOCK SIEW  -  479 words
    • 248 11 MAGNUM CtrparallM has submitted to the Kuala Lumpur Stock Exchange a copy of the letter of approval from the Malaysian Foreign Investment Committee concerning the company's acquisition of 400,000 shares at 15.70 each in Syarikat Perniagaan Selangor Sdn Bhd. SHAREHOLDERS of H*tel iUyal have approved the rights issue
      248 words
  • Page 11 Advertisements
    • 134 11 Your executives can drive better cars and even cost you less. Here's where we come in. We have a fleet of Ford Granada Qhias for short or term rental. Rent one or rent a dozen. With no capital outlay. And because we are Ford distributors, every car in our fleet
      134 words
    • 433 11 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia ON Directory 1900-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve all sectors of the oil industry. It is the most comprehensive and in-depth coverage
      433 words

  • 570 12 TWO IMMEDIATE EFFECTS AP MAJOR Western nations have ended sanctions against Iran with the release of American hostages and are preparing for a slow but steady increase in trade. Two immediate effects of the resumption of trade are foreseen in key capitals of European
    AP  -  570 words
  • 547 12 NYT PRESIDENT Reagan, in his first full day in office, held a swearing-in session on Wednesday for his White House staff, sought the dismissal of hundreds of Carter Administration holdovers, and exhorted his cabinet to help him cut the Federal budget. "We've
    NYT; Source: UPI photo  -  547 words
  • 88 12 PRIME Minister Lee Kaaa Yew yesterday i w|nl«liln< Mr Bsas M Reagna m Ms laaagaraiiea as the Mth Pndiist ef the Uslted States ef America. "Under year Praliney, I am ffldnat ef strength aad reneintlen in US leadership. The r—imentot werid needs a streng aad eredlMe leader la
    88 words
  • 220 12 UPI WORKERS walked off the Job in at least three major Polish cities yesterday following the (allure of talks between Solidarity and the government to resolve the five-day week issue. A government statement said the right to strike, guaranteed by the agreement signed
    UPI  -  220 words
  • 270 12 Reuter THE committee of the Hongkong stock exchange said it is unanimously opposed to the proposed amendment to the Hongkong company takeover code put forward by the Hongkong Securities Commission last week. The committee said the amendment would be against the interests of
    Reuter  -  270 words
  • 157 12 AFP THE soybean futures market was the star performer on the Hongkong commodity exchange last year with contracts worth the equivalent of US$2.Ol billion during 246 trading days or an average of more than $8 million daily. Statistics provided by the exchange show that
    AFP  -  157 words
  • 340 12  -  By KOH TSE YING WITHIN a few months after entering Hongkong, Asia Commercial Bank Ltd (ACB) has established another office, this time an insurance company. ACB, which opened a wholly-owned finance subsidiary, Golden Finance, in Hongkong last October, incorpporated Golden Insurance Pte Ltd last month
    340 words
  • 869 12 LONDON, Thurs. Equities finished mixed with an easier Mas but government bonds were Arm, in quiet trading today, dealers said. At 3pm, the Financial Times ft index was down 3.9 points at 457.8. Dealers said the weaker trend of leading shares was due to end-of-account profittaking. Insurances were
    869 words
  • 80 12 AP NEW YORK, Thurs. The stock market edged slightly higher this morning, reversing a threeday slide. The Dow Jones average of 30 industrial stocks rose 2.04 points to 948.29 in the first half hour, while gainers narrowly outnumbered losers among all New York Stock Exchange-listed issues. The
    AP  -  80 words
  • Page 12 Advertisements
    • 580 12 We have a history of making money grow jagL Lombard North Central is part of jQflQ|. one ofthe world's largest banking j groups and we have a history 5 fC I covers more than 100 years. j We offer a range of deposit -BHlfll IEiS schemes which will juflH produce
      580 words
    • 270 12 MEDIC-ASIA '81 S.E. Asia 2nd International Medical Hospital Equipment Exhibition Conference Recent trends in health care involve more automated devices to bring about rapid diagnosis and ■ft treatment. More disposable materials eliminate the risk of contamination and re-infection. More poatoperative and rehabilitation equipment cuts down patient time spent in hospital
      270 words
  • Page 12 Miscellaneous
    • 58 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report for 24 hours prter to 7JI p.m. m Juury 22 the lirpwt. Maximum temperature 31.0 Associated humidity 57 Minimum temperature 22.1 Associated humidity 94 Hours of sunshine 5.65 Rainfall in millimetres nil Total rainfall for the month
      58 words

  • SHIPPING TIMES
    • 334 13 EXHIBITORS at Marintec Asia '81 and delegates attending the three associated seminars Shipcare, Regional Shipping and Seatec HI will learn more about United States' shipping plans for this decade. Hongkong shipping tycoon Sir Yue-Kong Pao, who is now in the United States for top-level
      334 words
    • 734 13  -  By GOH ENG KEE UK shipowner, Ben Line may add a new 2,400-TEU container ship and a second jack-up drilling rig to its already successful container and offshore operations in the *****. Ben chairman Michael Strachan told Shipping Times the
      734 words
    • PORTSIDES
      • 117 13 AFP SOUTHAMPTON dockworkers has refused to attach mooring lines to a car-ferry that had come from Le Havre, as a sign of solidarity with British merchant seamen who have been on strike for 10 days. When the British Viking IV, flying under Norwegian colors, tried to dock at
        AFP  -  117 words
      • 84 13 AFP FOREIGN and domestic ships calling at Philippine ports are no longer required to secure a military clearance, Philippine Coast Guard authorities said. The move is in line with normalisation efforts following the lifting of martial law recently, reports said. The military clearance regulation was imposed eight
        AFP  -  84 words
      • 69 13 UPI AN explosion ripped through a Panamanian freighter near Long Beach, California, killing a crew member, company officials reported. Officials of Shinwa Shipping of Tokyo, which chartered the vessel, said the blast occurred in the third hold of the 12,575-ton Asian Gem. Killed in the explosion was
        UPI  -  69 words
    • 709 13 Shipping lime Page C#l Shipping Use PW C«i Achipelego Adriatic Afea Afro-Eurasia All trans Alpac Angkutan Angona\-e ANL An toll APL Argentine ASCL Asean Ocean Asia Merchant Bait-Orient Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Ben bulk Bintulu Blue Diamond Blue Funnel Blue Star
      709 words
    • 938 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 Bunga Teratai 22SB 23.1.81 0700 Leo snpg 49 TT Asian Pallas 4501 23.1.81 0700 Integrated TA 3 TT Unicon 47S 23.1.81
      938 words
    • 1483 14 NORTH American grain chartering remained quiet on Wednesday, with rates moving within a narrow range. Business from the US Northern Range to Japan at US$32.50 fio for Jan/Feb showed a 50 cent decline, while an unchanged $45 fio was agreed from the US Gulf to Dammam for Jan/Feb.
      1,483 words
    • 528 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Aegis Mystic (2300 after Jastarnia Bor) 35/36 lonian Sea (after Putra Jaya k A 1 Khalidiah sail) 15/16 Jiang Men (after Singapore Island No 1 hauls, after Green Star, must portside a/side) 15/16 Pulawy (after Jiang Men) 5 Ping Chau (after Strathmore)
      528 words
    • 509 15 ONE of West Germany's most famous shipping lines, DDG Hansa, is taking its final step into liquidation. The Bremen-based group has offered to pay creditors 35.2 per cent of their claims against it under the German legal procedure known as
      509 words
    • 148 15 AFP WEST Germany has ordered three 4,400-ton multipurpose ocean-going cargo ships from China, New China News Agency reported. According to a contract signed in Beijing between Schulz and Clemmesen Ship Company and the China Corporation of Shipbuilding Industry, the Zhonghua Shipyard in Shanghai will be
      AFP  -  148 words
    • 102 15 Reuter JAPANESE shipbuilders will meet their West European counterparts in May or June in Paris to help resolve trade conflict over market shares in the shipbuilding business, the Japan Shipbuilders Association (JSA) said. There has been increasing criticism of Japan's majority share of world shipbuilding orders from
      Reuter  -  102 words
    • 866 15 NYT ROBERT Doud, 32 years old, father of two children, stood in a snowdrifted parking lot, shrinking deeper into his jacket from a biting wind that swept off the Delaware River, dwarfed by the cold gray steel of a towering vessel nearing completion
      NYT  -  866 words
    • 153 15 A "NEW" Anro Asia will emerge from Jurong Shipyard after a SlO million conversion job is completed next month. The hybrid ro-ro container ship was cut at mid-ship early last week to enable the insertion of a new section. The operation was carried out by floating
      153 words
    • 1279 19 SCHEDULE 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 Singapore. Advance dates are published at a maximum of three weeks. PN
      1,279 words
    • 988 20 FOR the Asean freight market, the outlook is firm and steady. However, some ports in South-east Asia, are experiencing congestion. Miri has 30 barges and lighters waiting an average of 21 days. The delay is mainly caused by heavy rainfall during the past few weeks. Be la wan
      988 words
    • 585 20 Reuter AP THE United Nations envoy trying to obtain free passage out of the Shatt alArab for 70 foreign ships immobilised there by the Gulf war said a Red Cross decision not to permit use of its flag was holding up the operation.
      Reuter; AP  -  585 words
    • 137 20 THE major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines: ACE (FAB 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. Neptune
      137 words
  • Page 13 Advertisements
    • 366 13 Scan Dutch V Our last loaders before Chinese New Year: To Europe Bunga Permai eta Singapore 27/1/81 Nedlloyd Delft eta Singapore 3/2/81 For more information, see Page 5. <sp» lARDIM A I \ll r Orient Overseas Co*iitU*teA Line ■4b E P Xetanf Spore In Port 24/1 *2 eg 27T 2S
      366 words
    • 294 13 OSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES Loading for Acceotint Breakbuk Only Ku*Jaito3/2) Shuaiba(ls/2) Oamman (17/2) Doha (19/2) Abu Dhabi MM (21/2), Dubai (23/2) Acceotine Containers and Breakbulk Kuwait (1/4) Shuaiba (4/4) Dammam (7/4) Abu Dhabi (10/4) Doha (13/4) Dubai (16/4) FULLY CONTAINERISED SERVICE S pore I
      294 words
    • 801 13 Nedlloyd Lines Our last loader* belor* Chinese New Y« To West Africa Nedlloyd Moji eta Singapore 3/2/81 To Australia Charter li eta Singapore 31/1/81 For more information see Page 5 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Port Kelang Penang Saied 24-25/1
      801 words

  • Page 14 Advertisements
    • 859 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Mm Accepbng Fer 1) Barcelona Genoa. 2) Amsterdam. Antwerp. I Havre. Bilbao. Basle. UK, 3) Bremen. Bremenhaven. Aarhus Copenhagen. Helsinki 4) Malmo
      859 words
    • 364 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA ft Kola* Ma IMS) TOM IMD MWSTTCIB *24/1 una mmu *ii/ 2 Mm accapMi Cart Man to CAMKM i tta Mlay+Fa MMI mtt tSTOK CM Hw Savti Chin B mmt N Tort NorMk Bostan SI. JaM N. Ort ll—lw
      364 words

  • Page 15 Advertisements
    • 268 15 Overseas Containers Limited Weekly service to/from UK/Europe OCL STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok ContainenNp Service To/Fram Banfkok SINGAPORE MKU CONTAMER SHPfMG PTE LTD *****1 K LUMPUR COOT MO AGENOES *****4, PKELANG 3M006/S PfNANG BOUSTEJU) SHPfMG AGENCES SON BW *****1/3 ACCEPTMG SMGAPORE CMM PASSENGERS. TEL *****
      268 words
    • 382 15 pTg Franco Belgian Services (F 'Fi Ft, h>, r. /j. r A !«'< rr: 7 ir.fc Acf ;cnscsi I II- .1 1 I tltfO CORTAKK SEASMDGE EGNBCT C.M.C.R. (A M Sf (J r i. f ir i i CKNUB K HOB 21 tm 1M HMUTI MMI H| MDITORIKA UFA EKOUUMO
      382 words

  • Page 16 Advertisements
    • 514 16 IP Hapag-Lloyd TO NORTH EUMK 23/2 26/2 28/2 3/3 5/3 8/3 10/3 8/3 10/3 TO MEHTEMAMEA HaAata Mara TO MOUTH I 31/1 2/2 S pore PK Pen Bilbao Genoa H btwf B ha»en Rdam Antwerp Bertram Ridwers 3/2 1/3 17/3 15/3 12/3 Mailbdunm 17/2 19/2 23/2 21/3 31/3 29/3 26/3
      514 words
    • 543 16 KOREA P. Ketone PENANG ALTAR 159W Sd h Port ALTAR IMC Sd h Port VEGA 157W 22-26 Fib 27/2-1/3 LINE SHIPPING CORPN STORE 23-25 Jan FROM BUSAN BANGKOK 23-25 Jan TO BUSAN 2-5 March FROM BUSAN BANGKOK 2-5 March TO BUSAN VEGAISC 22-26 Fab 27/2-1/3 2-5 March TO BUSAN KSC
      543 words
    • 569 16 EVERGREEN LINE fflß [AST EUROPf EXPRFSS FUll CONTAINER SERVICF ACCEPTWG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP IE HAVRE ALSO ACCEPTNG CARGO FOR: UNITED lUNCDOM SUUIHAMTTON. LONDON. MANCHESTER. BIRMMGHAM. BRISTOL. LIttRPOOL. GLASGOW. LEEDS WEST GERMANY NDnKKH HOLLAND AMSTERDAM S'pm M FtfntMN > Lt H»w fetan 24/41 17/12 11/12 21/12 24/12 25/42
      569 words
    • 953 16 I Everett Linesl" H term Five Star ShippMf CtrpN. "BURMESE NATIONAL LINE" LOAUNG FOR RANGOON hi Ptrt/27 Mi 27/»tai 2/4 Fak B F S S C Agents n MoloyM BOUSTEAD SMPPING TIL NOS KL *****2/*****9 ■hhmmim lurcatiiwul A.C.I.F. 'ARGENTINE NATIONAL LINE" S>M ACONCAGUA 2/3 Feb MCTORM I 4/5 Mar CtA
      953 words
    • 551 16 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE 22/23 F*b 24/25 FA SYD. MEL. KB. JAPAN/STRAITS SERVICE SMGAPORE m. *****44/7 1 22*1370 K IMMR TH *****4 4147U CONTMO BOOMS OCEAN SMPPMG STOM TU *****44/7 I*l*ll Com MO p «UNC TU (147. >173/4 aa AGENTS P KLAME EAST
      551 words

  • Page 17 Advertisements
    • 736 17 PIL GROUP EAST AFRICA/REDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE lOTA BAKU 30/2 Fob Colombo, Karachi, Dubai, Kuwait SINGAPORE/CHITTAGONG/RANGOON/SERVICES MOT ABU AN A. KIT A EAGLE. Singapore 28/30 Jan Loading For Chittogong, I SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES 29/31 Jan KOTA ANGKABA. SINGAPORE/INDONESIA/SINGAPOAE SERVICES 2/5 Fab 28/2 Fab SURABAYA SURABAYA KOTA SINGA KOTA JAOE
      736 words
    • 796 17 BEN LINE CONTAINERS □PRESS CONTMO SERVICE TO/FROM EUROPE P*l fm*f lea 2(/l Mi Ufti 3/2 Oaakaß* h"* 7/2 Qukabr Nam Blum ft Urn Nawt UK 21/2 25/2 21/2 1/1 VI 28/2 V) C/ 3 1/1 V) 21/2 VI C/ 3 ■ft M BURG B HAVEN IT DAM hA*& SOTON German?
      796 words
    • 543 17 n_ /^ST' fl'i si t Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE I 3)tfbar|4)CMir| 17/2 19/2 I fM" I>WMR7)I4I •ft MM 27/1 n/2 18/2 no OUFT 3/2 it/; a/2 MO. 11/2 Jill 2/3 SELANM* 17/2 4/3 J/J I SUM 24/2 ii/l lft/3 11 lucrtMu Gaaaa L 2) AawMrM Aatrnrp Li M»w«
      543 words
    • 559 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUMON I SOUTH AFRICA SHIRRA BANK SINGAPORE 30/3 cto Reunion 11/4 Durban 16/4 Capetown 23/4 Pt Eliz 21/4 (also accepting East London and Maputo cargo) Lines U.S. WEST COAST SERVICE Unci trow SFO Lbck SPORE S°t* Tjc VBC ASHLEY LYKES 13/1 10/1 19/2 17/3
      559 words

  • Page 18 Advertisements
    • 783 18 TO NORTH AMERICA raoacsos* n Carfwi M acceptable to O*M. tacaw, PwttaM. Hauston. Unilm. Hm (Mum. TO EUROPE Spore P Ketone L Havre R'dam H burj Bremen Kwtrv ICRCATOR 21H 25/1 2t/l 14/2 15/2 IJ/2 29/2 22/2 IWMin 30/1 31/1 U/2 IJ/2 23/2 24/2 2t/2 0 CHEF 23W 3/2 4/2
      783 words
    • 560 18 CIUFORMA/PACfIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE i- LOS ANGELES. SM FRAMCBCO. SEATTU. TACOMA. VANCOMKR. B.C. *cctp*»<i FCL/FCL <**—o P MMC S«tapor» L *2?° jsa )u 4 Fab 2 AUSTRALIA EXPRESS CONTAINER SERVICE Acc** fa/fa mmi Plata* S»art Br. IMb AM S* f<~ ■MS- 24/25 Ma «Fab .12 Fab US-
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    • 477 18 IS /V roup SINGAPORE SHIPPING AGENCIES PTE LTD 20Th H.OOK oci an building Singapore oio-j MARKETING *****2 3LINES GENERAL *****1 14 L'NES> TERMINAL OFFICE *****83 TELEX BS2«e*i RS 2SSF.B A B CARSMIP CABLE CARGOSHIP lIIIIMII >D its In l*i'4|ioiial (lontsiiiier Initios WEEKLY CONTAINER SERVICE to/ Irom BANGKOK t q,\ SI\(,APORL
      477 words
    • 641 18 KORINS MARITIME SERVICES Room 60V ICB Bji d'ng. Way. Singapore Tel 22 ***** *****67 PTF LID MIDDLE EAST/RED SEA/EUROPE SERVICES SAM ICk Ll(\tS A neTiOef ot «r>e Si"** Group ot Companes USER SERV'CE f ROM KQfIEA TAIWAN HONG KONG TO SINGAPORE HIM ROOK 74KttMf HJ(M| Sport 31 Jan 10 FA
      641 words
    • 597 18 INTRASEA (PTE) LTD Faber House 234E Orchard «oad Singapore 9 Telephone ***** 1 1 *****57 Spare P. MM* ALKYONM NBIM M Nrt SaM NORASIA NBIO3 21 Feb 3 Mar BOULOOC/R-DMI/ M(AVON) Af«K Sa«**e HTRASEA (PIE) ITD 235*11 MONK *****57 TEO SNPPK A IIMM6 4M544. 4M7C. 41N71 fwm ma overseas mum
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  • Page 19 Advertisements
    • 627 19 TO EUROPE/UK (VIA SUEZ): S'pore MERCATOR 21*+ 25/1 K. JACEJM SW 30/1 0. CHEF 23W 3/2 N. JADE IN 6/2 HK CONTAMER 24W 12/2 C. CONTAMER 10W 18/2 S.S. BRDGE 30* 124/2 Containers Feedered to/from F'stowe Also accepting cargo to/from Scandinavia MERCATOR S'pore Closing Times: FCL Cargo LCL Cargo FROM
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    • 277 19 MALDIVE LINES ETA KUANTAN ETA PORT KEL AUG MALDIVE fDODOII 7/2 Loading For Dubai/Bahrain/ Dammam MAUXVE LOYALTY In Port Loading for Hodetdah MALDIVE AMBASSADOR In Port Loading tor Dubai/Bahrein MALDIVE PHfGR 5/2 Loading For Jeddah MALDIVE MTORTER 15/2 Loading For Male MALDIVE PROGRESS 30/1 Loading For Jeddah MALDIVE CREST 26/1
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    • 129 19 NOTICE M.V. Cherry Ujn Vayl/81 arrived 1C 181 at Keppel Wharf Gda 27/ a General survey on damaged cargoes discharged ex the above vessel will be held on Monday 26th Jan 1981 from 0930 to 1200. No further sur-i vey will be held after this date SINSOV SINGAPORE SOVET SHIPPING
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  • Page 20 Advertisements
    • 398 20 A ANTOLL LINES Doed B, Is to Adelaide Melbourne Sydney Brisbane Independent FCL Container Conventional Liner Service SINCAPOW I N SWPWC PTE UD 1401 5 Rotwu Howe Shentor *jy Sjigapore 0106 Hi US ***** Tel *****1! 8k t s *****4 3 *****23 MEST MALAYSIA H.S.H. <M) Sdn Bhd Kl Tel
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    • 433 20 PRACHT (MALAYSIA) SDN. BHD. REGULAR INDEPENDENT CONSOLIDATION TO THE I FOLLOWING PORTSVESSELS ETA POUT KELANG LOADING FOR 23/1. 4/2 Colombo Bombay Karachi 21/1. 23/1. 28/1, Hong Kong. Taiwan. Manila 31/1. 1/2. 6/2. 9/2 Jakarta Tokyo. Yokohama 11/2; 18/2 Kobe 31/1.11/2 UK Europe FOR BOOKINGS ENQUIRIES FCL 8. LCL PLEASE CONTACT:
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    • 295 20 THAI YANG SHIPPING CO. SON. BHD M» TNM TME UK TNM TANS PJUImi On* 23/24 tm m 14/15 FA MM NAM HUA SHIPPING SDN BHD IM 91 MM MM NO 3 l/u 11/12 F«b IN 3H MM MM NO 3 2/11 23/24 F* •INSBMMMM NO 4 2/11 It/U F«k •MO9IMMMM
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    • 282 20 KARLANDER (AUSTRALIA) PTY. LTD. wki to and Iran East Austrian parts From Australia: KYOSCI MARU ft*. KYOTEN MARII ¥59. TBN V6O To Australia: Sy6tey Sparc 2/4 Feb 30 lan 26/21 Feb 2 Mar 24/25 liar P.Keianf 5/6 Feb 3/4 Mar 26/27 Mar Kyoten Mara V 3 Sub-Agents: Port Kelon Spore
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    • 335 20 OCEAN LINES REGULAR NOW CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE S'porc P Kctong Puianj Loading tor OCEAN GLORY VIOWB 10 Fit) Port SaUI/IaMMI/ Amijndru P»aous/Barvt Lattaku Ibj«ki OWNED VESSELS SAGASIA PTE LTD. (LOCKS DREYFUS GROUP OF COMPANIES) '1* Z22S2W (S IMS) TOD B 7WM SESOJ f koak rs> SMmft sm m>
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  • Page 20 Miscellaneous
    • 205 20 m Va -^v > m N a >JA Vi h 55 IK Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C y Shower Weather Wind direction with speed in knots Rain Cloudy Sky Wave Sarfaee wtads are Indicated
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