The Business Times, 28 January 1981

Microfilm: NL10893
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, JANUARY 28,1*1 60 CENTS
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  • BRIEFLY...
    • Article
      Appointment confirmed
      68 1 THE Pioneer Industries Employees Union (PIEU) has confirmed the appointment of Mr Devan Nair as president of the union and Mr Lim Chee Onn as general secretary. The Executive Council of the union also agreed at a meeting last Friday to appoint Mr Goh Chee Wah, honorary adviser
      68 words
    • Article
      Seamec conference
      48 1 PRESIDENT Sheares will open the 16th conference of the South-east Asian Ministers of Education Council (Seamec) at the Regional Language Centre tomorrow.. The annual meeting will review the activities of the council in the past year and consider the programmes and activities of the coming year.
      48 words
    • Article
      Lock icon Gold lower
      63 1 AP, AFP LONDON, Tues. Gold fell US$l5 in early trading here today, following yesterday's drop of $25, and reached $514 a troy ounce. The metal rallied to an afternoon fixing of $524.00 (morning fix was $517.00). Earlier in Hongkong, gold fell by a spectacular $27.50 on the local
      AP,; AFP  -  63 words
    • Article
      Petrol prices
      59 1 KUALA LUMPUR, Tues. Shell Malaysia is working on the costings of the last Opec price increase and hopes to submit an application for a price increase of its products soon. Its spokesman said the company is still "doing homework and calculations" on the effects of the increase in
      59 words
    • Article
      Lock icon Kuwait to renew contracts
      78 1 AP BEIRUT, Tues. Kuwait will be renewing its contracts for the supply of crude oil to fifteen international oil companies next month as present contracts expire in March, the official Kuwaiti news agency reported. It said the government-run Kuwait Petroleum Company will start negotiating with British
      AP  -  78 words
    • Article
      Lock icon Banker's massive debts
      102 1 AFP MANILA, Tues. A Filipino-Chinese banker who scurried out of the country early this month left at least 45 creditors with uncertain prospects of recovering their financial exposures which had been initially estimated at 515 million pesos. As the financial rubble left by "runaway textile magnate Dewey
      AFP  -  102 words
    • Article
      Lock icon Israel surprised
      62 1 Reuter JERUSALEM, Tues. An Israeli foreign ministry spokesman today described as surprising US State Department comments yesterday calling the Palestine Liberation Organisation (PLO) an umbrella group that included, among others, terrorist elements. "In our opinion the PLO is a terrorist organisation and the alleged existence of other moderate
      Reuter  -  62 words
  • Article
    Chief Price Changes
    138 1 Rises Goodwood Park 8«i View Lou M U I Grand Ceatral Premium Hid (a H Maia OUT Manila Corpn OCBC Taa Chong 1800 480 1470 406 190 586 293 1740 1200 535 300 170 70 52 42 35 33 30 30 30 Falls Matal Box Bhd Sol
    138 words
  • Article, Illustration
    KUALA LUMPUR
    145 1 Falls Tronoh 2100 -50 Castiefield 2500 -50 Gen ting A Amal 1060 1260 -40 -40 PMC 1210 -30 Malayan Tin 585 -25 Boustead 875 -25 Rothmans 705 -20 Rites Sea View 690 170 C Prop 460 +40 Paramount 730 +35 DBS 885 +30 S Trading 1390 30 Magnum
    145 words
  • Article, Illustration
    Harassment of SIA passengers stops
    600 1 CLOSE WATCH ON AUSTRALIA REPORTS from Australia late last night indicated that harassment of Singapore Airlines passengers at Australian airports has stopped. SIA had earlier hit back strongly against the Australian Department of Transport in the latest stage of the cut-price ticket war which is
    600 words
  • Article
    How permanent residents can get HUDC priority
    410 1  -  By AGNES WEE PERMANENT residents, disappointed by the recent announcement that citizens will be given priority in the allocation of HUDC flats, can now get around this if they are willing to commit 10 years of their lives to the civil service. Under
    410 words
  • Article
    Economic board conducts survey on R&D
    248 1 THE Eetaiafe Dwthp bmmt B«art (EDB) has enintei a aarvey to determlae the steto af MutrUl research aad devetopmeat (BAD) to 11m aarvey, c—darted taring the last twe ■Maths, Is aimed at estIfcttig lirtillnri tarkiinU tofermattoa aa BAD activities parsaed by todashriea last year.
    248 words
  • Article
    Attempt to sabotage stock market?
    509 1  -  By CATHERINE ONG LAST week's fire outbreak at stock broking firm Ong '4 Co is bring interpreted by stock broking sources as the latest in a series of illegal attempts to disrupt activities and undermine confidence in the stock market. It is believed that certain
    509 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      13 1 Companies' Activities. Key Personnel. Agencies The Straits Times DIRECTORY Of Singapore (Buku Merah)
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    • Advertisement
      Page 1 Advertisements Column 2
      13 1 W M *****30 or *****24/*****7 ■BTWQml^mu Wow /mn s car 'tniai i»n, c
      13 words
    • Advertisement
      Page 1 Advertisements Column 3
      50 1 [;\&(-+|[:-&.-[=`<}="*@<*]_*?/? SHIPPING TIMES HOTEL will be toft CrwfleM IMPRESSIVE profit rite at S Mayhaak 11 SIEMTOIS Medleal sets sp ADVICE for SBS *swfcsMsrs 11 sa Straits Traflac slier IS CROSSWORD l TV AND RADIO t, WHERE TO WINE AND DINE I SHARE INFORMATION W, COMPANY NEWB 11 Save 9ZS «Hh
      50 words
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      Page 1 Advertisements Column 4
      148 1 page f A 7 Tonight. Have an 1819 experience. f r P\ i 4 After derk, Resteunmt 1819 Makes you out of this world. Toe time end e piece of splendour end 1819. When service a jmpercebie. The setting's just right. Amd the emhienct perfect for* telexed eeening of fme
      148 words
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      Page 1 Advertisements Column 5
      15 1 L W\S\^ £;W3sr T% SINGAPORE business A Tmes Penocfccofc PuMccrton FOR PEOPLE WHO V MATTER
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  • REGIONAL
    • Article
      Lock icon Deng tells cadres not to follow the West blindly
      267 2 AP VICE-PREMIER Deng Xiaoping of China has urged Chinese officials not to follow blindly the Western capitalist countries but adopt only their strong points. Chinese newspapers in Hongkong said Deng made this point at a conference of cadre members of the
      AP  -  267 words
    • Article
      Lock icon CHINA GETS READY FOR HONGKONG TOURIST INFLUX
      159 2 AP CHINA is geared for the biggest tourist invasion of the year from Hongkong. Officials estimate that more than 400,000 Hongkong residents will cross the border, mostly to the nearby province of Guangdong, in the next few days to spend the Lunar New
      AP  -  159 words
    • THE REGION IN BRIEF
      • Article
        Lock icon CHINESE ACCUSATION
        519 2 Agencies CHINESE Premier Zhao Ziyang has indirectly accused the Soviet Union and Vietnam of posing a grave threat to peace and stability in South-east Asia by carrying out the policies of aggression and expansion, the Chinese news agency Xinhua, reported yesterday. The statement was made at a banquet
        Agencies  -  519 words
    • Article
      Lock icon Japan-EEC trade discussions come under fire
      719 2 Reuter UPI HIGH-LEVEL trade talks between Japan and the European Economic Community (EEC) aimed at pressuring Japan into restraining exports came under fire yesterday from the Reagan Administration in Washington, sources said. US chief trade negotiator Bill Brock told Japan that any agreement to
      Reuter; UPI  -  719 words
    • Article
      Lock icon US-Seoul outlook does not differ says Chun
      706 2 NYT PRESIDENT Chun Doo-Hwan said he sees "no differences of opinion or outlook" between South Korea and the United States. Prior to his departure today for the US where he is scheduled to meet President Reagan next Monday, Mr Chun clearly viewed his
      NYT  -  706 words
    • Article
      Lock icon India likely to borrow large sums this year
      495 2 Reuter INDIA, badly in need of cash for its development, is likely to borrow large sums on international lending markets in 1961 after years of reliance on aid from governments and world Institutions. The country's economic planners say they have to spend
      Reuter  -  495 words
    • Article
      Lock icon Anglo-Indian trade
      233 2 AFP REACTING very strongly to its current trade deficit with Britain, India has suggested that a trade promotion fund be set up to encourage Anglo-Indian trade. Mr John Biff en, the British Trade Secretary, said in London after a week's visit to India that his talks revealed that
      AFP  -  233 words
    • Article
      Lock icon UK ready to help Malaysia expand its armed forces
      274 2 Reuter BRITAIN is ready to give more help to Malaysia in the expansion of its armed forces, the British Minister of State for Defence, Lord Trenchard, said on arrival for talks with Malaysian leaders. He said his visit is aimed at
      Reuter  -  274 words
    • Article
      Lock icon Controversy between MCA and MIC may split coalition
      371 2 AFP A CONTROVERSY between the Malaysian Chinese Association (MCA) and the Malaysian Indian Congress (MIC), two major components of the ruling ten-party Barisan Nasional (National Front), over a Senate seat threatens to split the coalition. Selangor state MCA chairman Lee Kim Sai
      AFP  -  371 words
    • Article
      Lock icon Capital investments in Philippines increase
      115 2 Reuter NEW CAPITAL investments in the Philippines amounted to 5.31 billion pesos (US$7O6 million) last year, an increase of 50 per cent over 1979. The Securities and Exchange Commission (SEC) in Manila reported that total investments in 1979 was 3.55 billion pesos ($473 million) which
      Reuter  -  115 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      762 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JFK/SFO/HKG TMA TL375 0630 BEYSHJKUL MAS MHG01 0630 KUL SLA SQ580 0710 MAA SLA SQ101 0815 KUL MAS MH606 0830 KUL MAS MH621 0835 PEN RRA BI4Z1 0930 BWN MAS MH671 0930 PEN/KUL SLA SQ2LI 1000 HLP
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  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      181 2 ROCFLOOR Resin flooring many times stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. BATIK A Batlka Singapore Pte Ltd tef: *****44 DOING BUSINESS IN WESTERN AUSTRALIA Whether you're buying property, importing goods, or contemplating setting up a business in Western Australia contact
      181 words
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  • OVERSEAS
    • Article
      Lock icon Iran not resuming trade relations with America
      464 3 Reuter AP IRANIAN government spokesman Behzad Nabavi said Iran will never resume its previous economic and trading relations with the United States, according to a Teheran Radio interview broadcast early yesterday. Mr Nabavi also said the Western economic sanctions imposed following Iran's seizure
      Reuter; AP  -  464 words
    • WORLD IN BRIEF
      • Article
        Lock icon COMPUTER vs MAFIA
        499 3 Agencies COMPUTER crooks are rivalling the Mafia and stealing billions of dollars with the mere push of a button a financial loss being discussed by 400 specialists at a symposium entitled Top Secret 81 in Monte Carlo. Computer fraud, sabotage and accidents in Europe alone cost businesses
        Agencies  -  499 words
    • Article
      Lock icon POLAND READY TO DISCUSS UNION DEMANDS
      141 3 Reuter POLAND'S ruling Communist Party politburo, faced with crippling new strikes by farm and industrial workers, has declared itself ready to negotiate a settlement. The politburo met on Monday night to discuss union demands for an end to Saturday working. An official politburo statement
      Reuter  -  141 words
    • Article
      Lock icon Saudis call for a change in US policy on Middle East
      408 3 Reuter, UPI SAUDI Arabia has called on the Reagan Administration to change US policy towards the Middle East and seek a settlement in the region Opening the Monday session of the Islamic summit in Taif, Crown Prince Fahd, speaking
      Reuter,; UPI  -  408 words
    • Article
      Lock icon US criticises Israeli settlement policy
      136 3 Reuter THE Reagan Administration. in its first substantive statements on the ArabIsraeli dispute, has criticised Israel's settlement policy and expressed its disappointment over an Islamic call to arms against Israel. The State Department also signalled a possible shift away from Mr Reagan's earlier stance of
      Reuter  -  136 words
    • Article
      Lock icon Appeal to Congress to help American electronics industry
      263 3 AP THE US eieetraaiea ladastry may lase Ma lead aver farpa—Ml pwvHw tax aad regabUary reform. The US Seaate badget sabeaauaittee waa glvea this grim pftctare by Mr Watfgaag Demtock, malar aaalyst far the Margaa Staaley lavestmeat Company ■mHm lax relief», he
      AP  -  263 words
    • Article
      Lock icon British textiles going extinct?
      367 3 INDUSTRY IN DANGER Reuter THE BRITISH clothing and textiles industry is in danger of extinction as a result erf cheap imports and "unfair" trading practices. This warning was made by British industry leaders during talks with European Economic Community (EEC) Commission officials in Brussels on Monday.
      Reuter  -  367 words
    • Article
      Lock icon Labour MPs support breakaway group
      415 3 Reuter ELEVEN opposition Labour Members of Parliament have pledged their support for a breakaway group of Labour right-wingers who said the launching of a new social democratic party in Britain is very close. The Council for Social Democracy, formed on Sunday by Roy Jenkins, who
      Reuter  -  415 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      155 3 make Computer Power LUorU For Vdu iBEX Mado in Jopon For more information, call *****8 Extn 38 or 47 NOW. The iBEX 7000 is designed exclusively for the small businesses that constitute a new and growing market for the many kinds of personal computers that were formerly used almost primarily
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  • RAW MATERIALS
    • Article
      Lock icon World Bank's review of world natural rubber
      227 4 Reuter NATURAL rubber may have greater potential for market growth now than at any time in the past 20 years, according to a study by the World Bank. "The world rubber economy structure, changes and prospects" was written by two World Bank commodity
      Reuter  -  227 words
    • Article
      WHEAT
      169 4 WHEAT futures in Chicago on Monday closed on the high side of a 15-cent range, up V/a to 2 3 4 cents a bushel in hectic dealings. Precipitation failed to develop over the weekend as forecast in major US wheat growing areas. This prompted buying. Prices declined initially in
      169 words
    • Article
      SOYBEAN
      179 4 SOYBEAN futures in Chicago on Monday closed 10 cents a bushel higher in nearbys to down IVi cents in deferreds. Prices settled near the top of a 28-cent range. Late local short-covering ahead of Monday's USDA grain stocks report accounted for old-crop strength and a partial recovery in new
      179 words
    • Article
      RUBBER
      201 4 THE Singapore market closed slightly higher yesterday with February One RSS buyers quoted at 279.50 cents a kilo, up 0.50 cents from Monday's close, dealers said. Prices were marked down 1.50 cents at the opening following easier overnight London advices but the loss was recovered subsequently on some covering
      201 words
    • Article
      RAS PRICES
      312 4 RAS prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 277.00 278.OON Int. 1 R.S.S. February 279 00 279.50 Int. 1 R.S.S. March 282.50 283.00 Int. 2 R.S.S. 263.50 264.50N UK/Coot 262.50 263.50N Int. 3 R.S.S. 260.50 261.50N UK/Cont 259.50 260.50N
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    • Article
      SSR and SMR
      108 4 NOON SSR u id SMR phew yesterday RA8 SSR 20 SSR 50 MRELB (1-ton pallet) (1-ton pallet) FtWurr (Camal Mtk) Bayers Seller* 242.50 243.50N 239.00 240.00N Mtrtk (Forward Mtk) Bayer* Sellers 244.00 246 OON 240 50 242. SON SMR CV SMR L SMR 5 SMR GP SMR
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    • Article
      Straits Tin
      91 4 THE STRAITS price is Pennng yesterday fell six cents to Ms».lB a Idle bat vm still within the Intermit!—si Tin Agreement's middle range price si $9MI to $32.74, dealers said. The (all was attributed to easier evernight Leaden advices and higher disposals st tin dne to the approaching
      91 words
    • Article
      CLOSING PRICES
      34 4 Rubber: Jan 27 Singapore: February: 279.50 cents (up 0.50 cent) Malaysia: February: 303.00 cents (up 0.75 cent) Tin: M 530.18 per kilo (down 6 cents) Official offering: 211 tonnes (up 21 tonnes)
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    • Article
      Lock icon Lead surplus in 1980
      117 4 AFP A SHARP cut in world consumption of refined lead in 1960 reflecting lower US use created a surplus of over 200,000 metric tons, the International Lead and Zinc Study Group said. Consumption, in fact, fell 7 per cent (302,000 tons) to 3,835,000 tons to reverse
      AFP  -  117 words
    • Article
      Produce exchange
      175 4 CHINEBE Pr.dsre Exchange, Shgapare, rliisg prim per IN kg yesterday. Cmml ad: Bulk fob $129 00 sellers, old drum (in second hand drum) fob $139.00 sellers, new drum fob 1145 00 sellers. Cspra: Mixed (lone) rs 00 buyers. Pepper: Muntok white pepper fob AsU NLW 1440.00 sellers. Sarawak
      175 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttaa yam: Chins Blue Phoenix 20s 2,070; 32s 2,705, 40s 2,900 (per bale of 400 lbs). Piece gasds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • Article
      RICE
      328 4 SINGAPORE: Yesterday's closing prices In SJ 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
      328 words
    • Article
      LONDON MARKETS
      889 4 COFFEE: Robusta futures yesterday closed the morning narrowly mixed at £5 up to £5 a tonne down from Monday. Turnover was 996 lots. Mixed trading that continued after the opening held prices within a narrow trading range against Monday night's close, dealers said. At the end of the
      889 words
    • Article
      PALM OIL
      129 4 THE Kuala Lumpur market yesterday continued firm on further covering by refiners in active trading, dealers said. In January, the central and southern region were unchanged at MJI.OOO a tonne while in February and March, the southern region rose $5 and $10 respectively to $1,000 and central unchanged
      129 words
  • ASIAN STOCKS
    • Article
      Shares pick up in active trading
      532 4 TOKYO SHARE prices yesterday picked up in fairly active trading on selective buying in blue chips, precisions, natural resources and incentive backed issues, dealers said. The market average gained 35.61 to 7,285.03 with volume 380 million shares. The Tokyo Stock Exchange index ended at
      532 words
    • Article
      Hongkong
      368 4 THE reduction in the prime rate by a small US bank triggered a buying spree in the local market. After a firm opening, the market gained ground steadily except for a brief bout of profit-taking at mid-morn-ing. Stocks moved higher across the board with the Wheelock Group in the
      368 words
    • Article
      Sydney
      237 4 JAN 27 I'rnln INDUSTRIALS A V. 1 210 unrh A N 1 330 unrh A V M 113 -2 Ampiit IVt 172 *1 B H H IMS SO Bank NSW 29b -2 Uurul XB uiirh BijhM x JUS UIM'h U A m 2 1* K H *M •12 C<ul
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      Bangkok
      252 4 STOCK prices yesterday closed generally higher in quiet trading, dealers said. First Trust rose three baht to 63, Bangkok Bank two to 304, Saha Union one to 196 and Asia Fibre two to 143. JAN 27 Bahts Asia Credit 125 2 Asia Kibrr 143 2 Ayuthaya Inv And Trust
      252 words
    • Article
      Manila
      137 4 STOCKS were easier across the board yesterday as turnover rose slightly to 4.9 million pesos from 4.2 million, dealers said. Losers were Apex Mining B, Surigao Con B, Basic Petroleum and Ist Phil Holdings. JAN 27 Pesos Acojc Mining 0062 unch AUas Con A Atlas Con B .10 75
      137 words
    • Article
      Selected indices
      57 4 FINANCIAL TIMES INDUSTRIALS Monday 463.8 Friday 456 7 Week AfO 453.6 DOW JONE8 AVERAGE INDUSTRIALS Monday 836 81 Friday MO. IS Week Ago 970.98 H.K.HANG SENG Tuesday *****8 Monday 1540.85 Week Ago *****6 AUSTRALIAN INDUSTRIALS Tuesday 654 1 Monday closed Week AfO 664 5 ALL ORDINARIE8 Tuesday 655
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  • Page 4 Advertisements
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  • TRADE AND INDUSTRY
    • Article
      Simmonds seeks Far Eastern partners
      411 5  -  By LEE YOKE MENG SIMMONDS Precision NV, one of the world's leading producers of plastic cisterns, is on the lookout for a local partner in each of the Far Eastern countries. It may also locate a major part of its operations in Singapore. Manufacturers here
      411 words
    • Article
      Dutch trade exhibition
      229 5 HOLLAND Expo n took off on a distinctly different note from most other foreign trade exhibitions in Singapore. Soon after the opening ceremony on board the ship Tor Scandinavia, there were several visitors discussing deals with representatives from Dutch companies. The atmosphere was generally quiet though a
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    • Article, Illustration
      MEDIC-ASIA '81 OPENS
      218 5 DR ENRIQUE GARCIA, Minister of Health of the Philippines, officially opened Medic-Asia '81, the second international medical and hospital equipment exhibition in Singapore, yesterday morning. In his opening address, Dr Garcia, who is also the chief administrator of about 300 government hospitals in the Philippines, said all
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    • Article
      A device to help save petrol
      116 5 A REPLICA of a device which enables the use of alcohol and petrol in any ratio in one fuel tank is being displayed on board the Tor Scandinavia, the Dutch exposition ship now in Singapore. The device has a detector which measures the percentage
      116 words
    • Article
      Seminar on auditing
      75 5 SINGAPORE will be part of a two-venue convention organised by the Institute of Internal Auditors, Singapore and Perth Chapters. The convention will cover a three-day seminar in Perth and a one-day seminar in Singapore. The subjects for the seminar in Singapore have not been selected but topics
      75 words
    • Article, Illustration
      Lock icon Hotel rooms will be in demand
      346 5  -  By' WANG LOOK KEAH DESPITE the rapid increase in the number of hotel rooms in Singapore, the average occupancy rate will still remain high for the next two to three years. However, a fall in occupancy rate is likely in 1965/ 86 when Marina
      BT Graph by Alan Chan  -  346 words
    • Article
      MEMO PAD
      293 5 SEMINARS AND COURSES Jan 26-31: S. T. E. P. (Quality Control) Circles, Holiday Inn Hotel, Singapore Institute of Standards and Industrial Research/Singapore Quality Reliability Association/ Association of Electronic Industries, Singapore Jan 28: Liabilities, Responsibilities and Rights of the Company Director, Shangri-la Hotel, OR (Tel *****44) Jan 28-29: Wage
      293 words
    • Article
      Maker of paper cartons expands
      542 5  -  By RICHARD SEAH A LOCAL manufacturer of corrugated paper cartons has embarked on a two-year expansion plan to keep pace with the increasing demand for packaging materia] Rising Paper Products has invested (3.5 million in the first phase of its expansion, scheduled for completion in
      542 words
    • Article
      Conference on mining
      222 5 THE Institute of Mining and Metallurgy (IMM) will organise a four-day conference in conjunction with Asian Mining '81, the first international mining exhibition for South-east Asia. The Nov 23 to 26 conference at the Mandarin Hotel will coincide with the exhibition, which is scheduled from Nov 23
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    • Article, Illustration
      PEOPLE IN BUSINESS
      62 5 BANCA Commerciale I taliana has appointed GlanpMta Caravaggi as manager of its Singapore branch. Mr Caravaggi has served as vice-president and deputy manager of the Chicago and New York branches of Banca Commerciale Italiana. A. Abelli, manager of the Singapore branch since 1975, has been appointed senior
      62 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      246 5 Sime iDarbyJ Sime Darby Berhad GROUP LEGAL ADVISER The Sime Darby Group wishes to appoint a qualified Malaysian lawyer to the post of Group Legal Adviser. The successful candidate will be a member of the senior management team, reporting to the Group Secretary. Tne post is a new one and
      246 words
    • Advertisement
      Page 5 Advertisements Column 2
      177 5 Less Than $$890!!! No other airline can offer This Chance of A Life Time!! Become an Exclusive Member of the Supersonic Concorde Club!! _—r~: W lIU 5/NO-AMERICA TRAVEL CORh'N PTE LTD EMBASSY BUSINESS DIRECTORIES Your Official Guide to Business Contacts Embassy Publication Pte Ltd has been appointed to publish the
      177 words
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  • Article
    Cool-off time in ticket war
    389 6 THERE are reasons enough at the moment for Singapore Airlines to adopt a low-profile. It is therefore all the more laudable that it has not sat quiet in the face of the extraordinary .'campaign of petty harassment that is being carried on against it by
    389 words
  • Article
    Belt-up or pay-up is only remedy
    279 6 ♦YOU would hardly describe the Singapore 'motorist as a disciplined being. Though not «quite the demon driver that some cities have to tolerate, his road manners leave much to be «desired. It will thus be with a little muttering 'under their breath that Singapore
    279 words
  • Article, Illustration
    Big spenders on research
    2903 6  -  More companies in Singapore are willing to increase their spending on research and development and some have joined those whose R&D expenditure exceeds a million dollars. By 1983 the Economic and Development Board (EDB) expects another seven companies to join this league of big spenders. FONG
    2,903 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      198 6 ktil -SSSK^ idle away your life and languish in poorly paid jobs with no future Iwhen you can move ahead with the RIGHT QUALIFICATION? now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION any of the following courses and gat just THAT QUALIFICATION! Institute of Administrative Management Institute of Bankers London Chamber
      198 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      645 6 11-OVE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Right in the money, by accident! (5) 6 The side of political propriety? (5) 9 Supervised cold pie distribution (7) 10 Is it of leather in parts? (5) 11 A five-name river (5) 12 Western villain taking a turn at roulette? (5) 13 Form
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  • Article
    TIMES PAST AND PRESENT
    1079 7 FORUM with KSR J BY AND LARGE the British treat their institutions seriously. The one exception to this general rule is that British parliamentarians have long since ceased to treat the Mother of Parliaments with the respect that this institution of great renown deserves in consequence
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      270 7 Let us examine the word Information in-for-ma-tion Xun-far-'ma-shanX n 1 the communication or reception of knowledge or intelligence 2 a knowledge obtained from investigation, study, or instruction b intelligence, news c facts, data d a signal or character (as in a communication system or computer) representing data something (as a
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      791 7 c SINGAPORE 5 3.00 PM Opening followed by The Young And The Restless 3.25 Mandarin TV Theatre (r) 4.45 Diary Of Events (Malay) 4.50 Trees Grow Through The Years 5.00 New Ed Alen Show 5.25 Trekabout On The Wings Of An Eagle 6.15 News (English) 6.25 The Flying Kiwi Find
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        208 8 JAN 26 Fis ABN 274.50 unch Ahold 68 50 -1 AfcZAJ 17 00 -01 AMEV 92.30 -0.3 Am fas 116.30 03 Amrobnk 57 00 -0.1 Bergoss 1700 0.5 Berk 43 00 -4 Bols 54 20 -1 Borsumij ***** 7.8 Burhmann 57 00 -0.5 Byenkorf 37 60 -01 C aland
        208 words
      • Article
        Paris
        273 8 JAN 26 Frs CORBEILLE Air-I.iqUlde 470 -6 B S N Gervais Danone 983 -5 C S F < ThomsonCst t 362 unch Cle Francaise des Petroles 212 50 -5.5 Compagme unch Financier? 410 Compagme -19 Generate 368 10 Credit Foncier Lie France Hachette (l.ibrairiei 361 -1 unch Machines Bull
        273 words
      • Article
        Brussels
        90 8 JAN 26 Frs FORWARD MARKET Acre 272^ -7 Arbed 1®*° -TO Astur 3J® -12 Brasran t 10 Bru-Lamb #30 C'anpac '"J 0 Cock >» 2 36 Ue B**rr* 295 -13 Ebes -10 Eleclrobel Gb-Inno-Bm 2000 unch U*v 1282 2 Hobok 2M0 20 Petro 4 **> 80 Ryl Dutch 3105
        90 words
      • Article
        Frankfurt
        222 8 JAN 26 Dm Arg-Teletunken 70.00 -0.7 Akzo 1550 -04 1061 00 A1U Vers BASF Bay H T Wbank Bay Vbank Bayer BBC BMW ***** 120 00 an so ***** ***** 263 50 145 50 -1 -09 -2 -39 -07 1.4 iS Caasella Chem Verw Commerzbank Conn Gummi Daimler-Bent lleguua
        222 words
      • Article
        Zurich
        186 8 JAN 26 Francs Actions Suiutt 204 -1 Alusuisse Br 1105 -5 Alusuisse Reg 431 -4 Brown Boveri Br 1345 -45 Oba Geigy Br 1000 10 Clba Geigy P C 780 unch Oba Geigy Km Credit Suiur Br MO 4 2550 -50 Credit Suisse Rr| 458 -7 Elektrowalt Br 2575
        186 words
      • Article
        Milan
        108 8 JAN 36 Ante Assoc lien Baslugt UIT 50 iMiao 805 unrh 9160 4 Cenlrale ***** 200 till 2350 24 (•insider Gen 1 in mob M 2590 4 -48 in PT» 5379 •121 lialremenu ***** -400 1 ULlga* 1637 125 lUlslder Ma«nrti M PI Marrlti Err 290 650 1 uncti
        108 words
      • Article
        TORONTO
        187 8 JAN 26 C» AbiUtrt 22 > Alran XI Algoma 40 Bank Mont 31 Bank Nova Scoua 32 unch Bell Tel unch Beth Corp BP Can Ltd 38 Brascan 34* unch Camp R«J Lake 51'. -5'» Can Imp Bk 28 S Canpac 40 Canpac In» PI 20 1 Carting O'Keefr
        187 words
      • Article
        JOHANNESBURG
        314 8 JAN 26 lUnd INDUSTRIALS A Alpha 380 -IS Abercom 290 20 AE And CI 780 -30 AMK 2400 -50 Barlows 900 -30 I'g Sugar CNA 530 Currie f inance 205 20 Or Brrrs Ind 2700 unch Edcon 610 -20 Edgars 8700S unch Everrady Fed Vol It I 460 •15
        314 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      750 8 (:)?"`]}&@>|@@_}+?<`""<;<>&"{[? Where to wine, dine and entertain for quick economical lunches Dolphin Cafeteria World Trade Centre 1 m Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. If Restaurant Lounge\ 10.30 a.m. to 10.00 p.m. N DOLPHIN CAFETERIA Apollo Enterprises Ltd 119, Ist floor, World Trade Centre/ /<? V
      750 words
    • Advertisement
      Page 8 Advertisements Column 2
      145 8 Kfcasgood as going to Bangkok. fl* This is Thai Seafood at its authentic best So fresh, it could have been alive IS minutes before cominQ to your table. It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our Kitchen Siamese Seafood Restaurant a Coefcgtjfetd Oxley
      145 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      429 9 MODERATE trading prevailed on the Singapore market yesterday. The deutschemark continued its slide against the US dollar with no signs of a slow down in West German purchases of the dollar. Against the Singapore dollar, the US dollar also fell a little during the day's trading, opening at
      429 words
    • Article
      London
      291 9 PROFIT-TAKING weakened the dollar slightly yesterday after its firm opening above 2.06 marks, which was in line with late Hong kong trading and New York's close, dealers said. Sterling remained strong against the US currency. Its trade weighted index rose to another six year high at 81.4 from 81.0
      291 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lead to their beet customers is 14.5 per cent.
      22 words
    • Article
      ASIAN $ RATES
      177 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Jan 27: U8 D«llut<8Mt) Offer BkT 7 days 18% 18V. 1 month IS 13/*****1/16 2 months 18H 18% 3 months 189/16 187/16 6 months 17% 17% 9 months 16% 16% 12 months 16% 16 8wM DM. /ULUU 1 >
      177 words
    • Article
      Discount
      44 9 RANGE of prices offered by discount houses am Ju 27: Overnight 7 V, Call deposits: to IV,% Closing Bering Selling 3-month Treasury bills 7 3-month Bank bills 14'/. mm 3 months CD 1213/1012 U/16 0 months CD 12Vk 12 Source: National Discount Co
      44 words
    • Article
      Hongkong
      130 9 THE US dollar yesterday was generally steady against major currencies in active late trading, maintaining earlier high levels, dealers said. The US unit fluctuated around 2.06 marks but lost some ground against the yen on commercial selling in Tokyo. The dollar stood at a late 2.0606/11 marks against an
      130 words
    • Article
      New York market setback
      1104 9 OIL and precious metals issues on Monday led a broad stock market decline in moderate trading in New York as investors awaited interest rate and fiscal policy developments. The precious metal group was hurt by a sharp (all in bullion prices. Comex gold futures closed down
      1,104 words
    • Article
      GOLD
      211 9 SINGAPORE gold futures yesterday closed sharply lower compared with overnight levels in active trading, dealers said. Opening quotations were marked down sharply between US$l7 to US$2l an ounce following the metal's weakness in New York on Monday night. Total sales for the day was recorded at 234 lots while
      211 words
    • Article
      TOKYO
      170 9 THE US dollar for overnight delivery yesterday closed easier at 202.75 yen compared with a 203.80 opening here, a 203.70/80 closing in New York, 203.65/75 on the West Coast and 202.20 here on Monday. Trading was moderate with volume US$997 million. The dollar eased to the day's low of
      170 words
    • Article
      More demand for Airbus financing
      328 9 AIRBUS financing is speeding ahead, much to the delight of many European bankers, and more deals may be made as Asean airlines turn increasingly to the Airbus for their international runs. The Airbus financing group, featuring several big German, French and British names, have again
      328 words
    • Article
      INCREASED IMPORTS
      459 9  -  Asian economic trends By ALVIN TAY HIGHER oil prices, the increased cost of manufactured goods and continued strong domestic demand will contribute to a 30 per cent increase in Singapore's imports this year. A larger surplus on invisibles will offset partly the current account deficit, resulting in an
      459 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      169 9 .aftfife >* nfS* >* 9* *T AU /">** ■2* i V. A s« f Subscribe lo Business Times now and gel 41 issues free Subscribe to Business Times directly and save $25 (It's like getting 41 issues free) Here's a great opportunity for you to join the increasing number of
      169 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1930 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 Aetna (3.345) (1)
    1,930 words
  • Article
    Unit trusts
    172 10 SINGAPORE UNIT TRUST prices krtaa) The Commerce 3.53 3.71 The Savings Fund 210 2 21 S pore Prog Fund 1.52 1.88 S pore Sec. Fund 2.30 142 S pore Invest Fund 2.08 118 S pore Equity Fund 1.43 1.50 ASA UNIT TRU8T (Minm 1 prices far Ju 28)
    172 words
  • Article
    SHARE INFORMATION SERVICE
    2789 10 Gr*a Gr'i Net 1980/1981 Company Last Div Div Y'ld P/E Vol Dav High Low Sale or- C*vr COOO) High i Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 336 2 15.0 2.8 4.4 13.2 1 336 336 300 220 Alcom 300 12.0 2.5 4.0 17.0 155 116
    2,789 words
  • Article
    In Kuala Lumpur
    2098 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 INDUSTRIAL* AJeaa (2.828) (1) 2.82 A Ckee (1.528) (1) 1 57 xd
    2,098 words
  • Article, Illustration
    Buying falls off towards close
    732 10 STEADY kayiag eeatlaied at the Umpii i stock market yesterday, reratlag skare prices to klgker levels. lie day saw act saly Hg lastllalleaal lavesters sweepiag ap Mg tots bat akm tke preverkial "small maa" wke were paektog aa •vererewed gallery aksve tke tradlag ream. Altkeagk
    732 words
  • Article
    Profit-takers emerge in KL
    591 10 PROFIT-TAKING stemmed an early firm run-up on the Kuala Lumpur Stock Exchange, causing prices to close on a mixed note. Sentiment was particularly strong in the morning as share prices forged ahead on better follow-through and speculative interest. However, the upturn did not last long. Some
    591 words
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  • COMPANY NEWS
    • Article
      Impressive profit rise at Maybank
      390 11 MALAYAN Banking (Maybank), Malaysia's leading commercial bank strode steadily ahead at half-time to record higher earnings. Unaudited group net profit for the first half-year ended Dec 31, 1980 rose by 27 per cent to M 527.14 million on the strength of higher loans and deposits.
      390 words
    • Article
      Strong appeal for relisting of Bovis
      729 11 ASEAM Bankers Bhd, adviser to Bovis South-east Asia (BSEAB) has made an appeal to the Kuala Lumpur Stock Exchange to relist the shares of the company, currently under suspension on both the KL and Singapore exchanges over its proposed acquisition of three companies. Aseam's
      729 words
    • Article
      COMPANY BRIEFS
      134 11 MALAYSIA Rice ladutrles has changed its name to Paramount Corporation with effect from Jan 15. GENERAL Lamher has sold its wholly-owned subsidiary General Trading (Singapore). Its registered office is now at 2, Jalan Kilang, Petaling Jaya. FOLLOWING a scheme of reconstruction adopted by Malayan Tin Dredging, Southern Malayan
      134 words
    • Article
      Better earnings prospect at H&C
      914 11  -  By THE CITY STAFF LONDON stockbroking firm Simon and Coates has a buy recommendation for shares of Harrisons and Crosfield (H and C) in view of the better earnings prospect in the current year. But at the same time, it has also suggested investors should
      914 words
    • Article
      DIVIDENDS ANNOUNCED
      278 11 Carreat Ex BMka Date Trtalter Trtaifar Pmymrat Dale Claee Payable tke year Prcri— ye Allied Ckec 4%TE Jan 19 Jan 24 Jan 30 4%TE 3%TE Ayer Melek 30%<f) Jan 30 Feb 15 Feb 26 30%(f) 25%<g) Berjaatal 40%I Jan 5 Jan 15 Jan 30 m 85% CIC Jan
      278 words
    • Article
      SCRIP ISSUES
      323 11 C«mpuy Partfealan Ex Date Baaka Aon Proposed rights issue of 1 for 4 <& )2.80 per share NY A NYA AJesm Proposed rights issue of 2 for 1 API $1.70 per share NY A NYA Proposed rights issue of 1 for 1 C*C <&, $1.00 per share NY
      323 words
    • Article
      Tat Lee Bank sets up 2 new subsidiaries
      395 11 TAT Lee Bank has incorporated two new subsidiary companies known as Tat Lee Bank Management Services Pte and Tat Lee Bank Bullion Pte. Formed with a paid-up capital of $1 million and an authorised capital of $5 million, the bullion company would
      395 words
    • Article
      Lock icon Credit for SBS?
      704 11 wms by HOCK LOCK SIEW ALL seems quiet on the Singapura Building Society front, at least on the surface. Giant Straits Trading's offer of one of its shares for four of the building society's seems well on the way to success by the time it closes on
      by HOCK LOCK SIEW  -  704 words
    • Article
      RESULTS DUE
      362 11 Date Last Fall Year (•mpany Period Announced Net EPS Grass Pre-tax last year (eeats) Dfv. Profit Pahang Coos <%) (I**) F 16/11 1.5 2.5 1.634 Rothmans I 25/1 47.4 20.0 23.891 Aver Molek F 26 1 24.8 20.0 434 S P Textile F 28 1 10.4 8.9 4,153
      362 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      111 11 APPOINTMENT L are seeking the services of a Senior Valuer to take charge of their Valuation Department The valuer concerned should be a male Singaporean with qualifications as a Valuer, and for preference some tertiary education and/or RICS qualifications. Experience required is for a minimum of 5 years valuation work
      111 words
    • Advertisement
      Page 11 Advertisements Column 2
      95 11 NEW ISSUE These Certificates have been sold This announcement appears as a matter of record only DECEMBER 1980 111 l BANCO DE LA NACION ARGENTINA U.S. $100,000,000 •Negotiable Floating Rate U.S. Dollar Certificates of Deposit CONSISTING OF U.S. $70,OCX),000 Due 19th December 1985 and U.S. $30,000,000 Due 19th December 1983
      95 words
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  • Article
    Sembawang Shipyard profit up 74pc
    289 12 PROFIT at the Government-backed Sembawang Shipyard rose 74 per cent last year to reach a record $87.5 million. This compares with the $50.4 million pre-tax profit for 1979. The excellent results for the financial year ended Dec 31, 1980 are in line with market expectations,
    289 words
  • Article
    Motorists must wear seat belts from July 1
    210 12 ALL motorists and front seat passengers will have to wear seat belts from July 1 this year. The original date selected by the Government for the compulsory use of seat belts was Jan 1, 1963, but the date was advanced following a
    210 words
  • Article
    Traders' offer recommended
    555 12  -  By CHOO AI LENG MERCHANT banker Morgan Grenfell yesterday advised shareholders of Singapura Building Society (SBS) to accept Straits Trading's one-for-four share swap offer for the entire issued capital of SBS. In a circular to shareholders, Morgap Grenfell said: "The offer is fair and reasonable based upon
    555 words
  • Article
    Intersil may become GE subsidiary
    339 12 INTERSIL Singapore is expected to become a subsidiary of General Electric of the United States next month. This follows GE's efforts to strengthen its position in the field of advanced integrated circuit design and processing through the purchase of Intersil Inc, a Cupertino, California, based
    339 words
  • Article
    DR LEE MADE FULL PROFESSOR
    178 12 DR LEE Soo Ann, Director at the School of Accountancy and Wmtmm Administration at the National University of Singapore (NUS), has been made a full professor. He is the only University Don who has been awarded a full .professorship in the NUS' latest promotion exercise.
    178 words
  • Article
    Commuter survey
    38 12 SINGAPORE Bus Service is conducting a survey to find out the total number of commuters using the bus system. Applied Research Commission has been retained to collect the information which will be used in lorecasting demand.
    38 words
  • Article, Illustration
    Singapore offers good scope for Dutch exports
    259 12 SINGAPORE offers good potential for certain Dutch exports, particularly in the fields of chemicals, transport and medical equipment, said Dutch Minister of State for Foreign Trade, K H Beyen (afcsve). Mr Beyen, now in Singapore for a three-day visit in conjunction with a
    259 words
  • Article
    Lock icon Reagan reviewing US policy on Middle East
    380 12 AP THE REAGAN Administration is reviewing the entire US policy towards the Middle East. A State Department spokesman who revealed this on Monday said, however, that this does not necessarily mean a change. "What we're simply doing is reviewing the policies that now
    AP  -  380 words
  • Article
    Lock icon Seizure of embassies
    309 12 AP TERRORISTS may find the seizure of embassies beneficial for publicity but they rarely achieve their demands through such actions, according to a report by the Rand Corporation. The report, issued before the release of the 52 American hostages, was based on 48 embassy takeovers around the
    AP  -  309 words
  • Article
    Siemens sets up training centre
    465 12  -  INVESTMENT OF $2.5 m By HSUNG BEE HWA SIEMENS Medical Engineering, one of the six groups within Siemens AG, has set up a training centre (or medical engineers in Singapore. The centre will be independent of the one to be established by Siemens Components, the
    465 words
  • Article
    LONDON STOCKS
    763 12 LONDON, Tues Equities and government bond» slipped below the highs in quiet afternoon trading today The Financial Time* Index at 3 pm was up U points at «7.7. Earlier, the market had been more active than at late, with good demand especially (or oik and electrical» Otis had
    763 words
  • Article
    Lock icon Dow Jones up
    93 12 AP NEW YORK, Tues. Reversing a six-day skid, the stock market surged ahead this morning in fairly active trading. The Dow Jones average of 30 industrial stocks gained 4.52 points to 943.43 in the first half hour after losing 1.28 points yesterday. Advances out-numbered declines 4 to
    AP  -  93 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      247 12 Leader Page f U.S. EQUITIES BEST HEDGE AGAINST INFLATION Record high interest rataa wont halt upward march of thoao U.S. stocks... Statistics Just compiled show that 1979 was the year when major financial Institutions turned their attention from the high yields offered by fixed-Income securities to the hidden growth possibilities
      247 words
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      Page 12 Advertisements Column 2
      3 12 See Page S
      3 words
    • Advertisement
      Page 12 Advertisements Column 3
      72 12 il ZWk Ij J B.T -Yv N' V J*v*Ma fc a. Fit for the table of kings and emperors When you talk of wines you talk about French wines. Chateau D'lssan comes from Cruse's own vineyard in the most renowned wine growing district of France the Margaux region. Very special...
      72 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 W E AT;H E R Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report for 24 hoars prior to 7Jf p.m. on JMury 27 at the airport. Maximum temperature 31.6 Associated humidity 58 Minimum temperature 22.2 Associated humidity 93 Hours of sunshine 8.95 Rainfall in millimetres
      64 words
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  • SHIPPING TIMES
    • Article
      Shipping lines face major problems in '80s
      323 13 THE 1980's will pose major problems for shipping lines as they seek to keep pace with the changing patterns of international trade says Mr Ralph Killingbeck, chief economist of the Far Eastern Freight Conference. Addressing shipowners and shippers at Montreux in Switzerland, Mr
      323 words
    • Article
      Need for more specialists in maritime law
      601 13  -  By JAN LEE THE Singapore shipping community has voiced the need for more lawyers to specialise in maritime law and widen the scope of representation in this field. The general sentiment is that the present practice of shipping law in Singapore is "under-developed"
      601 words
    • PORTSIDES
      • Article
        Lock icon Wah Kwong's deal
        121 13 Reuter THE Wah Kwong Shipping Group has concluded a financial package totalling the equivalent of US$57 million with Chartered Bank Ltd, the bank announced. The money will be used to cover part of the construction costs of a 260,000 dwt dry cargo carrier for the Wah Kwong
        Reuter  -  121 words
      • Article
        Lock icon PNSC to extend service
        46 13 Reuter PAKISTAN National Shipping Corp (PNSC) will extend its Fart East-Pakistan-Sri Lanka liner service to Taiwan in late February, Taiwan agent, Seven Ocean Maritime Transport Co Ltd said. The Pakistani company will despatch a ship to Keelung port once a month. Reuter
        Reuter  -  46 words
      • Article
        Lock icon Naval visit to China
        110 13 Reuter TWO French navy vessels with 1,100 officers and crew anchored at Shanghai in the biggest naval visit to China by a Western country, French diplomatic sources said. The ships, which docked on Monday, consist of the helicopter carrier Jeanne d'Arc and the missile-launching frigate Forbin.
        Reuter  -  110 words
    • Article
      INDEX TO ADVERTISERS
      718 13 SMppteg List Page C*I SUppiag Um Page C*l Achipelego Adriatic Afea Afro-Eurasia All trans Alpac Angkutan Arizona ve ANL AntoU 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
      718 words
    • Article
      Container Schedules
      916 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy No. Estimated Time of Arrival Shipping Lines Gdn Mode of Operatn Date Time Bunga Permal 502 Nlpponlca 38/313 Unlcon 47S Asian Pallas 4502 Zlm Australia 8E Family Ace 3B Lampung 6 Sitlung 14 Ever
      916 words
    • Article
      LONDON FREIGHTS
      1473 14 BROKERS reported quiet chartering throughout all sectors of the freight market on Monday with rates edging lower where changed. In the time-charter section, a 43,000 tonner was booked with Gibraltar delivery for a voyage via West Africa and the US east coast and redelivery Gibraltar-Hamburg range at US$l3,OOO
      1,473 words
    • Article
      SHIPS IN PORT
      563 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bum Chin (Tanker) (1100 after Usinsk P/O Subject Gas Free) 13/14 Bougainville (2300 after Murrayeverett Group I on board) 31/32 Bunga Mas (0600) 45A Builder in (0700 after Kim Soon Li) 22 Catamarca n (after Centaur A Topusko sail) 35/36 Chidambaram (Passenger)
      563 words
    • Article
      Oil companies taking a fresh look at OBOs
      275 15 OIL companies may be set to take a new interest in operating combination carriers. This is one of the conclusions of a new study which is "slightly optimistic" over the future of ore/bulk/oil carriers. It was carried out for the International Association
      275 words
    • Article, Illustration
      YACHTS GETTING TO HK IN A 'BOX'
      208 15 IT WAS net the uul position f«r a sail boat on m bat sideways was how eight yachts travelled from Sagapore to Hoagkoag. The eight two-maa 5*6 raring dinghies were compactly secured into a 13metre OCL container for Its return aboard the BemmUer
      208 words
    • Article
      Lock icon Belgium-Indonesia venture
      136 15 Reuter BELGIUM and Indonesia has agreed to cooperate in a shipbuilding venture, Indonesian Research and Technology Minister Dr B J Habibie said. An agreement was signed with visiting Belgian Minister for Foreign Trade Robert Urbain. Mr Habibie, who is also director of the Surabaya Shipyard in east Java
      Reuter  -  136 words
    • Article
      Lock icon New agency set up to combat marine fraud
      881 15  -  THE rash of shipping fraud in recant year* haa lad to tha aatabiiahmant in London thia yaar of a body daaignad to tackla tha problam haad on. ROBERT MCDONALD reports. ROBERT MCDONALD FT A NEW agency has been established in London to
      FT  -  881 words
    • Article
      Lock icon Tanker market sentiment improves
      477 15 Reuter THE change of government in the US and the release of the US hostages by Iran has tended to lift the depression which has overshadowed the tanker market for the past three months and there is a definite impression that conditions will gradually improve, London
      Reuter  -  477 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1283 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 1 published at a maximum of three weeks.
      1,283 words
    • Article
      SHIPPING EVENTS
      279 20 MEDR'M speed diesel engines total energy calculations and life cycle costing Feb 10, 1730 hr, Institute of Marine Engineers, 76 Mark Lane, London EC3RMKI, offshore inspection, repair and maintenance exhibition and conference, Royal Highland Exhibition Feb 10 12, Ingliston, Edinburgh. Marine and port technologies a look Into the
      279 words
    • Article
      Lock icon Marked improvement in ore trades
      794 20 AFP SOUTH Africa featured on the freight market last week when the first wheat imports for many years were arranged into that country out of the US Gulf. But overall trading was subdued with rumours of lower rates paid, although interest rose towards the weekend.
      AFP  -  794 words
    • Article
      Lock icon UK seamen settle for 17pc pay rise
      184 20 Reuter THE National Union of Seamen (NUS) has negotiated a pay settlement promising a 16 or 17 per cent increase with Canadian Pacific Steamships Ltd, independent of the General Council of British Shipping, an NUS spokesman said. The agreement covers nine of 31
      Reuter  -  184 words
    • Article
      Lock icon Search continues for eight Greek crewmen
      264 20 AP SHIPS, planes and helicopters continued the search for eight Greek seamen still missing from the 70,341 ton Greek vessel Deifovos of Piraeus which sank off the island of Vega in northern norway on Sunday. The coastal rescue centre at Bodoe reported that 29
      AP  -  264 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      766 13 Everett Linesl FOt TH( MOST FREQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHITT AGONG CALCUTTA CHALNA RANGOON BUENOS AIRES MANZANILLO ACAPUtCO Everett Steamship Corpn. S/A Clifford Centre Singapore 1 Tel ***** 9 36 Beach Street. Penang Rm 36 103 OCBC Bldg Tel ***** 3 Port Kelang Agents SOCSHIP CO
      766 words
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      Page 13 Advertisements Column 2
      7 13 I I i FA FA 4 FA
      7 words
    • Advertisement
      Page 13 Advertisements Column 3
      598 13 MILLION MILES MARINE (PTE) LTD. 2* SHIP CHMMIMK (Sales Services) AGENTS DtSTRBUTORS STOCKISTS. Deck, Engine, Provisions Dry Frozen, Bond Galley Suppliers. Add 463, Mocpherson Rd S'pore 1336 TEL: *****21 (10 lines) o«.ce on the wjre *****11 (24 H*S) MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST
      598 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      801 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE ConUmrSfrricc Mm *cetpbng ftr. 1) Barcelona Gtoo*. 2) Amsterdam. Antwerp. L.Havre. Bilbao. Basle. UK. 3) Bremen. Bremenhawn Aartius Copenhagen. Helswtki 4) Mai mo
      801 words
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      Page 14 Advertisements Column 2
      228 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA US ATLANTIC GULF AND E. CANADA Ham Sarfi CM Mr* N Tat N*4*t tafcn St Wn N. OK. Mutton 4/4 J/4 7/4 »/4 11/4 13/4 14/4 a/4 24/4 Tlfi 24/3 25/3 27/3 2LI 1/4 3/4 C/ 4 1/4 J/4 11/4 It/4 19/4 «t fctor+FCl
      228 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      979 15 Overseas mM Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAOOSHP WW TO W/CONTICIT: MW| R'laai Stan Spart PAabat DM Braai A'aarp La Hawt lU. R*aMaßay bPart 29 M IS FA 21FA 22 FA 24 FA It FA •mMM 3FA 23 FA
      979 words
    • Advertisement
      Page 15 Advertisements Column 2
      295 15 C Z E Franco Belgian Services l b ir East Frc'ich Service utth Bt'ljicm t it Eiistetv. I.xv.fs> p» ace CO^Sc® Ti SEAPAC CONTAINER SERVICE SINGAPORE ENQUIRIES ?723/4J CES 777 MA 1 Terminal ??OVAJ6 Optorg Shipping Pte. Ltd. Kuala Lumpur *****3 Port Ketang 700* '7 P*t»nn(j Java *****3 Panang *****
      295 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      740 16 Hapag-Uoyd TO NORTH EUROPE "•"l*** I 25/2 21/2 TO mnoß/ug* TW HK Che.jfcer Dt Hon 22/1 24/1 Hppanca 27/1 29/1 HakaUMsv 31/1 2/2 TO WORTH EUROft/MEPffEKMIO TO USA/CANADA F eederl v 0b« Mini Kit mo Mara •connect in Kaoshiung "connect in Tokyo (CARGO TO ATLANTIC AND GULF PORTS VIA MINILANDBRIDGE)
      740 words
    • Advertisement
      Page 16 Advertisements Column 2
      544 16 KOREA LINE SHIPPING CORPN t. Ketone PENANG STORE 157W 22-26 Feb 27/2 1/3 2-5 March VEGA 15SE 22-26 Feb 27/2 1/3 2-5 March M.TMR 161W 5-1 March 9-12 March 13-16 March FROM BUSAN BANGKOK TO BUSAN FROM BUSAN BANGKOK ALTMRI62E 5-1 March 9-12 March 13-16 March TO BUSAN KSC KSC
      544 words
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      Page 16 Advertisements Column 3
      632 16 t) EVERGREEN LINE FAR [AST fUROPt EXPRESS FULL CONTAINFR SERVICE ACCEPTHG CARGO FOR HAMBURG FELIXSTOWE. ROTTERDAM. ANTWERP LE HAVRE ALSO ACCEPTHG CARGO FOR UNITED KMGOOM SOUTHAMPTON LONDON. MANCHESTER. BMMMGHAM BRISTOt. LIVERPOOL GLASGOW. LEEDS WEST GERMANY BKMERhAM HOLLAND AMSTERDAM Spar* M HMtof Oaitardan Iriulm It Mr* Emt L*t< 4/02 15/02 20/02
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      649 16 Everett Lines ymgk term Five Star Sfcipptnf Corpn. UMk"BURMESE NATIONAL kINE" LOAOMG FOR RANGOON pis* ran/a tm HUM 2/4 Feb MPM/«tai BFSSC AownnMotayvo BOUSTEAD SHPWNG TO. NOS KL *****2/*****9 CiRpMM ArfMrtim Dt rf» Miwwiii Ifrfti—tM IA. C.I. F. •7 "ARGENTINE NJjIONAL LINE" LOMMNG FOP DURBAN MONTEVDEO BUENOS AKS SfcM CtA
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      661 16 T2LO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE AUSTRALIA SERVICE She*** 22/23 Feb P KcU* 24/25 FA Loadstar SYO, MEL. JAPAN/STRAUS SERVICE S» AGENTS P KELANC SMGAPORE TEL *****44/7 t *****71 k iumpur m mtu mm ocean arms store m *****44/7 MLAL-S comua r kelane m U47. »7i/« EAST ASM
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      901 17 PIL GROUP EAST AFRICA/REDSEA SERVICE a COLOMBO/KARACHI/P. GULF SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES KOTABUANA. KOTA EAGLE. Singapore 28/30 Jan Loading For Chittagong, I SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES 31/2 Fob KOTA MACHAN. SINGAPORE/INDONESIA/SINGAPORE SERVICES KOTAPERWIRA 6/9 Fob JAKARTA KOTA SINGA KOTAPAHLAWAN 8/11 Fob CIREBON KOTA JAOE KOTA BMTAMQ 1/3 Fob JAKARTA 2/5 Fob 29/2 Fob
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      833 17 K+ BEN LINE CONTAINERS E»«S CCNIHBI soma TO/ROM QMH as Sport P Kato*|WG*raa«»/ kM a/1 19/2 KBUBG B HAVEN ROM HAVRE SOTON Aastna Aataarp fraactMUK 14/2 a/2 a/i a/2 14/2 1/2 2J/2 (a/2) 25/2 (a/2) 21/2 2/2 */2 24/2 1/3 VI VI U/2 1/3 3/3 21/2 V 3 1/3 17/2
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      499 17 to'l ScanDutch9 WEEKLY EXPRESS CONTAINER SERVICE TO ufP/UK/HC/SCAN l ill I i I mu »/i OMUA W2 PEHA6A 11/2 I MHLM 19/2 I IWACA 27/2 I OMM 4/) PEMGA 11/3 U Caßprj I Mar is mm UC. Nmh tor tirtiii pmmmMi ALSO ACCEPT* CAJKO TO IBMH WD OS MA «TM
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      578 17 BOUSTEAD SHIPPING AGENCIES BANK UNE FOR REUNION SOUTH AFRICA SHIRRA BANK SINGAPORE 30/3 eto Reunion 11/4 Durban 16/4 Copetown 23/4 Pt Elix 21/4 (also accepting East London and Maputo cargo) Lines U.S. WEST COAST SERVICE Dvtct trow SFO Ibcli SPORt ASHLEY LYKES 13/1 10/1 19/2 BMNTON LYKES 2/2 30/1 J/3
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      828 18 K LINE KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA Earfw IttOcr truth tbo titiMe an request Carfm jtu acceptable tm Oakland Vmcmrrtf Portland Houston 6a»vettan. Now Oritam Boston SI Ma. PMadcptaa Nortaft. BaNmare Savannah. ladiwnvfc TO EUROPE S pore P Mang L Havre Rdam H'burg Bremen A
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      590 18 CAUFORRIA/PACHC NORTH NEST SERVICE EXPRESS COHTUKR/REEFER SERVICE Lm*« tar LOS ANGELES. SAN FtAMCSCO. SEATTLE TACORR. VANCOUKR R C kccpta* FO./FCL tmkamn P UM| S-PPOf« I *2*s m- lf«k (M AUSTRALIA EXPRESS CONTAMER SERVICE Acnpttai Fa/fa CwU—i PKc** S'port Rn MBD S* F« MT II F«t> 12 Frt 25 F* 3
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      449 18 »roii|> SINGAPORE SHIPPING AGENCIES PTE LTD »TM HOOR OCEAN BUILDING SINGAPOFU 0104 MARKETING *****2 13 L INF S > GENERA,. *****' 14HNES TERMINAL Of FiCE *****83 TELEX R*****6 RS 2SM>B A B CAHSMiP CABLE CARGOSHIP "•I'M" Ml ISt'<|ioiial CiHitiiincr liiiK'S WEEKLY CONTAINER SERVICE to/from BANGKOK BANGKOK (SM) 3/5 Fife Osdurinc
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      598 18 KORINS MARITIME SERVICES Room 601 ICB budding. Shentnr Way. Singapore Tel 22^6322 *****6* MIOOLE EAST/RED SEA/EUROPE SERVICES PTE I TO \\JC ICK LINES A 'TfTibet ot ttif Sj m trk Gthjc o' Companes LINER SERVICE FROM KOREA TAIWAN HONG KONG TO SINGAPORE KeoMg HJUog 31 Jan MM ROOK V.74_ Hyundai'
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      Page 18 Advertisements Column 5
      614 18 t |NTR USE A (PTE) LTD. KIJI Fabef House 234E Road Singapore 9 Telephone ***** 1 V2354C57 Li S'para P. Katang Paoaag Liatag tar: ALKYONANBIOO SaM In Nrt BOULOOC/VTMIi; IK (AVON) NORASIA NBIO3 2« F«4» 3 Mar -taAcartv Stamre BITRASEA (PIE) LTD 2352(11 BOOMK *****57 K Uapv YEO SWPWG ft
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      604 19 TO EUROPE/UK (VIA SUEZ): K. JACEJM 1W+..... 0. CHEF 23* It JADE IN HK COfff WO 24W. C. CONTMNER 10* S.l BUDGE 30W GARNET 411 Containers Feeder ed to/from F'stowe Also accepting cargo to/from Scandinavia +K. JACON S pore Closing Times: FCL Cargo La Cargo FROM EUROPE (VIA SUEZ): 2300
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      Page 19 Advertisements Column 2
      344 19 MALDIVE LINES fTA ETA ETA SPORE KUANTAN PORT KELANG MALDItt lUGHBOUR 15/2 Loading For Dubai/Bahrain/ Dammam MALDI* PEACE 20/2 Loading for Dubai/Damman Kuwait MALDIVE AMBASSADOR Sailed Loading for Dubai/Bahrain MALDIVE PKNEER 10/2 Loading For Jeddah MALDIVE MPORTER 15/2 Loading For Male MALDIVE PROGRESS 30/1 Loading For Jeddah MALDIVE CREST 26/1
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      159 19 NOTICE 39 5 pew SINSOV SINGAPORE SOVCT SHPPING CO PRIVATE LTD SMSOV BUUNNG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGATORE Telex Nunbers RS ***** RS ***** RS ***** P KELANG PENANG M/S SHAM AT HAH SOON SDH M IST AND ?NO FLOOR. MESSRS
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      340 20 r /j ANTOLL LINES Bufct B Is to Adelaide Melbourne Sydney Brisbane independent FCL Container/Conventional Liner Service SWC4POW I N SHIPPING Pit no 1401 S Robci Horn* Shentoc *J» Saijipore 0104 111 «S 2101) It* *****11 Bk{<. *****43 *****23 NEST MALAYSIA HSH. (M) Sdn 8M HL Te4 *****3 *****7 Pt
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      290 20 PRACHT (MALAYSIA) SDN. BHD. REGULAR INDEPENDENT CONSOLIDATION TO I THE I FOLLOWING PORTS:VESSELS ETA PORT KELANG LOADING FOR 4/2, 21/2, 2/3, 21 /3 Colombo, Bombay. Korochi 31/1, 6/2, 9/2, 15/2 Hong Kong, Toiwon, Morula 18/2, 22/2 Jakarta, Tokyo, Yokohomo, Kobe 31/1, 4/2, 7/2, 13/2, 17/2, 19/2, 27/2 I*. Europe FOR
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      Page 20 Advertisements Column 3
      205 20 (Umioaa £np'ess Bttweon »Vesf *~>o Eas' Va d*s a Accepting up to y Bton TITi SHIPPING 1 TRADING SDN BHD Bangladesh Shipping Agency Me Ltd A|Mts if Bangladesh Shipping Corporation S pore PKetang Penary Loading tor: Spore PJ "BANGLAR KAILOL" 4/5 Feb "A VESSEL" 27/28 Feb Loading tor: Cbittagong Chittagong
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      Page 20 Advertisements Column 4
      283 20 you making full use of the Shipping Times as an effective selling medium? Tel: *****44, Extension 351 or 367 Times Centre 1, New Industrial Road Singapore 1953. For further enquiries call: Shipping Times Tel: *****2 Ext. 38 or 39 Financial Publications Sdn Bhd 31, Jalan Riong, KL 22-03 KARLANDER (AUSTRALIA)
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      Page 20 Advertisements Column 5
      389 20 *aOCEAN LINES REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE S port P Keiang Penang loJdmg lor OCEAN GLORY V.IONB 10 Feb Part Satd/LMiassai/ Ateiarrtu Pkaa«s/BeNt/Lattakia/lUiafca OWNED VESSELS SAGASIA PTE LTD(LOO«S OWCYFUS GROUP OF COMPANIES) T* ZHS2» (5 Lim) TtlU IS 7MM SESOS t mm r$D v*r*t son m> m a*u/s
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  • Page 20 Miscellaneous
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      Page 20 Miscellaneous Column 1
      150 20 y Regional Weather 20 0^ Yi fi t* s? N 9J A LT si m <*rf Si V? c Win. Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in
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      616 21 BUSINESS COMPUTERS PTE LTD appointment as Sole Distributor of SEC Computers and Official Opening at new premises Business Computers Pte Ltd was incorporated in 1979 to market NEC Computers and provide software consultancy and engineering support. Managing Director Mr Victor Woo, with almost twenty years in the industry, and his
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      181 22 BUSINESS COMPUTERS PTE LTD on thew- aMwwitm&rU a& bole dibfaUafov. NEC Computers ami lAew- official at new fvn&mi&eb <@> C. ITOH CO., LTD. 11th Floor Hong Leong Building 16 Raffles Quay Singapore 0104 Tel: *****55 Telex: RS ***** CITOH BUSINESS COMPUTERS PTE LTD on their appointment as sole distributor for
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      Page 22 Advertisements Column 2
      107 22 I to BUSINESS COMPUTERS PTE LTD i on their appointment as sole distributor of NEC Computers and their official opening at new premises FORINDO PTE LTD Godown4o3, Module 28, PSA Warehousing Complex PSA Gate No. 1, Pasir Panjang Road, Singapore 0511. Tel: *****7-8-9 Telex: RS ***** FRD P.T. RAJA GARUDA
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      364 23 T9Gnab**tu/cUf€mA io BUSINESS COMPUTERS PTE LTD on their appointment as sole distributor of SEC Computers and their official opening at new premises It's love at first byte S v\ Nashua has been on the leading edge of magnetic media technology for years. Hardly surpnsing, with the complete commitment that we've
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      Page 23 Advertisements Column 2
      205 23 Congratulations to BUSINESS COMPUTERS HE on their appointment as sole distributor of SEC Computers and their official opening at new premises. > r J f EW SABA'O.™ FEATURES OF THE FUTURE IN THIS SET NOW! SABA Quality Through f CHUN(. SHAN MO*Q«S M LiMiTfC Fc clauses ca SABA Centre: 33^3814
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      63 24 t 6 4 We are happy to announce the appointment of as sole distributor of NEC Computers and congratulate them on their official opening at new premises NEC NEC COMPUTERS SINGAPORE PTE LTD sth Floor, Unit 501-502, Bangkok Bank Building. 180 Cecil Street Singapore 0106. Tel: *****10 (Direct) *****06 (Non
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      187 26 Ib BUSINESS *i'u i uh n a L vs? on their appointment as sole distributor of SEC Computers and their official opening at new premises MERCHANTS AIR CARGO PTE LTD 3rd Cargo Complex, Singapore Airport, Singapore 1963. Tel: *****11. Cables: MACAIR. Telex: RS ***** to BUSINESS COMPUTERS PTE LTD on
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      Page 26 Advertisements Column 2
      160 26 (o BUSINESS COMPUTERS PTE LTD on their appointment as sole distributor of SEC Computers and their official opening at new premises The Makers of Quality Boxes. CITY CARTON CO. (PTE.) LTD. 6, Chin Bee Avenue,Jurong Town, Singapore 2261. Tel: *****5. Telex: ***** A/B BOX-PAK', Cable: BOX-PAK' BOX-PAK (S) PTE. LTD.
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      200 27 BUSINESS COMPUTERS on their appointment as sole distributor of NEC Computers and their official opening at new premises PTE LTD south casta sawmills (pte) ltd. Asia sawmill co.,(pte) ltd. /jTtJBTIfft mf WOOD PRODUCTS PINEPAC Quality Doors Showrcx)m: Suite 161,15t Floor World Trade Centre Maritime Square, Singapore 0409 Telephone: *****75 SOUTH
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      Page 27 Advertisements Column 2
      95 27 PTE LTD sole distributor for Teac/Tascam equipment XILTV7I congratulates Business Computers Pte Ltd on their official appointment as sole agent for NEC computers and official opening of new premises a xoonabalulitfamA lo BUSINESS COMPUTERS PTE LTD on their appointment as sole distributor of SEC Computers and their official opening at
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      71 28 Wfe vwxild like to thank our principal NEC Qmputers (S) Pte Ltd, our clients, friends and well wishers for their valued support. We would also like to take this opportunity t() wish everybody GONGXIFAGAI It X? BUSINESS I I Suite 171-172,15t Floor, World Trade Centre, 1 Maritime Square, Singapore 0409.
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