The Business Times, 6 March 1981
1981-03-06
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The Business Times
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Title Section11 1981-03-06 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, MARCH I, IMI 60 CENTS11 words
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BRIEFLY...
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Article86 1981-03-06 1 AP LONDON, Thurs. Gold prices tumbled today to their lowest levels in Europe since mid-December 1979, following a sharp decline in the Far East earlier in the day, and a sell-off in New York on Wednesday. London's five bullion houses fixed a recommended morning gold price ofAP - 86 words
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Article78 1981-03-06 1 AFP ZAMBOANGA CITY, PHILIPPINES, Thurs. The Southern Philippine Military Command (Southcom) has imposed an indefinite naval blockade around Pata Island since an entire infantry battalion of 119 men was massacred last Jan 12. Southcom chief, Brigadier General Delfin Castro, said the blockade is aimed at preventing someAFP - 78 words
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Article71 1981-03-06 1 AP BEIRUT, Thurs. An Islamic peace mission has proposed a peaceful settlement of the Iran-Iraq war that envisions a March 13 ceasefire, Iraqi withdrawal from Iran and negotiation of the border dispute. The high-level nine-man commission of the 42nation Islamic Conference Organisation, which has made two visitsAP - 71 words
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Article75 1981-03-06 1 Reuter LONDON, Thurs. Poland today asked international banks for a further $3.1 billion in loans by June. Banking sources said the request was made at a meeting here of Polish officials and international banks. The new loan request was for $1 billion in immediate bridging creditsReuter - 75 words
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Article62 1981-03-06 1 Reuter JAKARTA, Thurs. The 13 countries of the Inter-governmental Group on Indonesia will probably agree to maintain economic aid to Indonesia when it meets in Amsterdam from May 12 to 13. The group considers its annual aid to Indonesia of US$2.l billion last year as sufficientReuter - 62 words
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Article59 1981-03-06 1 AFP JAKARTA, Thurs. The visit to Thailand by President Suharto of Indonesia scheduled for March 25 and 26 is likely to be called off because of the current cabinet crisis faced by Thai Premier General Prem Tinsulanonda. Mr Suharto has planned a two-day visit to Bangkok for talksAFP - 59 words
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Article74 1981-03-06 1 AFP BEIJING, Thurs. Dutch ambassador to Beijing left China today at the request of the Chinese authorities. Jan Kneppelhout was recalled by his government at Beijing's request, in protest against the Dutch sale of two submarines to Taiwan. Mr Kneppelhout's departure signals the de facto down-grading of diplomaticAFP - 74 words
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Chief Price Changes
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Article121 1981-03-06 1 Rises Indices H Negara Rothmans Premium Hldga Alex Hldga Perli* Plant C Properties M Breweries Bolton Textile Corp Eu Yan Sang Malakoff 494 770 250 200 1020 800 580 398 170 320 725 44 30 30 30 20 20 20 20 20 16 15 B.T.Indicator: Industrials: Finance: Hotels: Properties:121 words
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Article, Illustration127 1981-03-06 1 Rises Indices Perlis FAN Gen ting Malakoff Rothmans Wilkinson Kg Lanjut 1100 650 1530 790 810 300 800 60 50 50 40 40 36 30 B.T.Index: Industrials: Finance: Hotels: Properties: Tins: (rubbers: Mar 4 Mar 5 *****4.01 *****6.66 1003.40 1012.73 1496.10 1501.90 534.37 531.62 962.95 968.37 506.95 506.97127 words
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Article728 1981-03-06 1 CHOO AI LENG - MUI'S TAKEOVER ATTEMPT By CHOO AI LENG THE Securities Industry Council (SIC) yesterday disclosed the reasons why it ruled on Monday that Malayan United Industries (MUI) should provide a cash alternative at $21.50 to minority shareholders of Hotel Malaysia and Ming Court Hotel. The SIC728 words
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Article217 1981-03-06 1 THE Economic Development Board has started to highlight selected foreign companies in Singapore which have good management systems. The first to be chosen is Yokogawa Electric (S), which was granted a threeyear export incentive when its five-year pioneer status expired early this year. "Yokogawa's success in217 words
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427 1981-03-06 1 RONNIE LIM - By RONNIE LIM THE Economic Development Board has been sounding out the five refineries in Singapore on whether there is room for another. The five refineries, which have a combined capacity of 1.06 million barrels per day, were asked the question two weeks ago427 words
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Article376 1981-03-06 1 FOUR publicly-listed local banks are among a consortium providing Parkway Properties with a $100 million loan for its Marine Parade project. The loan will be used to finance the development of Joo Chiat Commercial Centre, a complex to be built on a URA site bounded by376 words
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281 1981-03-06 1 MINISTER for Trade and Industry Goh Cbok Tang and other Singapore officials are oace again packlag their bags far West Asia, after tbelr proposed trip was cancelled last October. The goodwill mission' early aext month will be led by Mr Goh. Highranking281 words
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595 1981-03-06 1 KOH TSE YING - By KOH TSE YING STRAITS Trading will receive cash payments of about $102 million as a result of its agreement with Malaysia Mining Corporation (MMC). Outlining the principal effects of the recently concluded agreement yesterday, Traders (short for Straits Trading) said that except for595 words
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Page 1 Advertisements
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Advertisement30 1981-03-06 1 Shrecte Unwanted Paper i Documents (6 models available) 5 W BUSINESS MACHINES SYSTEMS (S) PTE. LTD. 47, Podium Block, GoWhill Plaza, Newton Road, Singapore 11» Tel: *****92,*****94(3 lines) Cable: "Busnestems"30 words
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Advertisement47 1981-03-06 1 Feature...page 7 ROY They feel lighter, look more elegant and as beautifully detailed as ever."' An exceptionally attractive slip-on in 4 special colours. Black Kid White Kid Brown Kid Taupe Beige Kid Sole Agent tor S.E. Asia, Hong Kong &l Taiwan S.G. PARRETT SON (PTE* LTD. Singapore47 words
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Advertisement77 1981-03-06 1 -]?*/-"/=:^>%{).%{@+*({\-->(_=/ KETCH z SHIPPING TJMES METER mMihctifer riding MORE FRCD lames expected crest ef demand 5 this mentli > HONGKONG Land •■twitted by BOOST fer S'pere-French reiatbe \WC A I tteßS ithiiihh i 12 ADAPTING Japanese wark attl- JAPANESE Transport Ministry tndes te iaeal seeds 7 sues BIA 12 CROSSWORD77 words
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Advertisement151 1981-03-06 1 SA Wayfoong MA F'l htrt pun hate ithtmt makes owmtmg t tsr rwrr w eaiy Thinking of buying a car? V&yfoong MAF can give you a helping hand Drive off in the car of your dreams. Wayfoong MAF can make it happen. Wayfoong MAF can arrange a sleek hire purchase151 words
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REGIONAL
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Article697 1981-03-06 2 ARRIVALS Service Local Operator Number Time From RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ201 1000 KUL CPA CX710 1005 HLP GU GA850 1030 HLP THAI TG981 1040 BKK SIA SQ103 1045 KUL SWR SR176 1045 ZRH/GVABOM MAS MH672 1050 BKI PAL PR501 1115 MNL697 words
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Article, Illustration303 1981-03-06 2 Reuter THAI Prime Minister Prtem Tinsulanonda yesterday held talks with Democrat Party leader Thanat Khoman about forming a new cabinet with inclusion of technocrats to run the economy. The multi-party coalition that General Prem formed nearly a year ago collapsed on Wednesday when eightReuter - 303 words
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Article164 1981-03-06 2 AFP JAPAN will extend bank loans totalling USJ3 billion to Russia for laying a pipeline to supply Siberian natural gas to European countries. The Mainichi Shim bun reported that the bank loans will help promote the Russian project to build a 5,000-km pipeline to supply naturalAFP - 164 words
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491 1981-03-06 2 Reuter DONOR countries will be I told at a meeting in New 1 York today that US$l27 i million is still needed for relief aid programmes helping to prevent Kampuchea sliding back into disaster this year. I International relief agen- cies running aid pro-Reuter - 491 words
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211 1981-03-06 2 AFP THE FIRST steps towards Anglo-Japanese cooperation in multimillion pound engineering projects in Third countries are being discussed in London this week by groups of interested companies. The British government has welcomed the "initiative" and expressed hopes that it would lead to "further cooperation betweenAFP - 211 words
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589 1981-03-06 2 AP THE Japanese government said yesterday that it had no immediate plans to pressure Toa Domestic Airlines (TDA) to buy the A3OO Airbus from Europe but would nevertheless like to "see the deal go through." Officials cautioned that cancellation of theAP - 589 words
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THE REGION IN BRIEF
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Article430 1981-03-06 2 Agencies INDONESIA'S Pertamina oil company yesterday denied reports that it is planning to buy two refining plants worth US$5OO million from Japan. A company spokesman said Pertamina is planning only to buy "parts of refineries" and not whole refineries. He said Pertamina experts are still studying the purchaseAgencies - 430 words
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Article327 1981-03-06 2 Reuter THE WORLD Bank is asking Indonesia's Western donor countries to maintain their aid this year to at least last year's level to promote development, sources said yesterday. The appeal was made on Wednesday at a review meeting in Jakarta of representatives of the Inter-Gov-ernment GroupReuter - 327 words
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Article224 1981-03-06 2 Reuter DATUK Harun Idris, once one of Malaysia's most powerful politicians, yesterday failed in a legal bid to be released from -prison where he is serving sentences for bribery and corruption. Malaysia's highest <?ourt, the Federal Court, rejected his appeal against an earlier dismissal of his claimReuter - 224 words
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265 1981-03-06 2 UPI, Reuter AUSTRALIAN Prime Minister Malcolm Fraser yesterday called the Soviet Union's ambassador "foolish" aad the government anMuced new travel restrictfiH against citizens from the giant eommnnist nation. Mr Fraser lashed out again at Soviet Ambassador Nieoiai Sondarikov, who earlier this week said AustralianUPI,; Reuter - 265 words
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Page 2 Advertisements
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Advertisement884 1981-03-06 2 Jones Lang Wootton March collection S OFFICES Admiralty Centre Harcourt Road. Central. Hong Kong. 2,000 -20,000 sq ft for sale or lease. Immediate occupation. United Centre Queensway. Central. Hong Kong. 5,000 20,000 sq ft for sale or lease. Completion June, 1961 Mount Parker House Crtyplaza, Taikoo Shing, Quarry Bay. Hong884 words
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Advertisement32 1981-03-06 2 ALUMINIUM PICTURE FRAMES CS, V v 22 ■V Distributors wanted for ASEAN countries. Enquiries to Vilac Private Limited 88, Block 531, Upper Cross Street, Singapore 0105 Tel *****5.*****3 Cable Address VERYSTRONG ft32 words
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OVERSEAS
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WORLD IN BRIEF
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Article377 1981-03-06 3 Agencies PRESIDENT Reagan has asked Congress to add U5532.6 billion to the Carter defence budget for the next 18 months, including funds for a new manned bomber and other major weapons programmes. Mr Reagan's proposed additions to the Pentagon budget unveiled by his defeated predecessor in JanuaryAgencies - 377 words
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178 1981-03-06 3 AP OPPOSITION Labour Party parliamentarians, struggling to regain control of the party machine, on Wednesday rejected a party conference vote that triggered this week's defections by rightwing rebels to form a new party. The mainly moderate lawmakers voted more than two-to-one in favour of aAP - 178 words
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286 1981-03-06 3 Reuter WEST Germany will consider breaking up the European common market in steel if strict agreements on state subsidies and voluntary production cutbacks cannot be agreed by the end of this month. German diplomats said West Germany might restrict imports of subsidisedReuter - 286 words
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477 1981-03-06 3 NYT THE Reagan administration's decision to delay a sweeping new set of rules governing sea lanes and the mineral wealth of sea beds was greeted with dismay and concern at the United Nations. "I am very upset," said Tommy Koh of Singapore,NYT - 477 words
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Article402 1981-03-06 3 NYT THE REAGAN cabinet has become locked in a debate between free-trade purists cind political pragmatists over whether to restrain imports of small, fuel-efficient Japanese cars. While both sides shun protectionism, the pragmatists argue that Japanese car imports represent a special case. According to StateNYT - 402 words
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267 1981-03-06 3 Reuter SOVIET and Belgian officials have had talks on Belgium's share in the US$l2 billion project to pipe natural gas from Siberia to Western Europe. A Belgian foreign ministry spokesman said the talks centred on financing of the project, from which Belgium's state-owned DistrigazReuter - 267 words
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Article432 1981-03-06 3 Reuter THE SERIOUS threat posed by Opec to the industrialised economies could disappear by the end of the century as dependence on Opec oil is reduced. A special report by the Economic Intelligence Unit (EIU) said that assuming oil consumers continue to switch toReuter - 432 words
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336 1981-03-06 3 Reuter A STRIKE alert has been called in the major Polish industrial region of Lodz, threatening the 90-day truce on industrial unrest called by Prime Minister Wojciech Jaruzelski. As local leaders of the independent trade union Solidarity put their members in readiness for strikesReuter - 336 words
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Page 3 Advertisements
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Advertisement56 1981-03-06 3 <- ■i WM atwtr-'ii w SSt*» K •WWft m* -■sMti i#C "i Photographer Harri Peccinotti. This photograph is one of a series for a boc commissioned by Mobil Oil Singapore as part of their continuing contribul to the community of Singapore. t£s> f-t*~ *> V. v y Mobil Contributing to56 words
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RAW MATERIALS
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Article175 1981-03-06 4 Reuter INDIAN exports of handpicked and selected (hps) groundnuts in 1980-81 (AprilMarch) are expected to reach the targeted 50,000 tonnes. The volume of exports next marketing year *****2 is still under consideration, but trade sources predicted current efforts to boost production would result in exports ofReuter - 175 words
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Article189 1981-03-06 4 SOYBEAN futures in Chicago on Wednesday finished 12 Vt cents a bushel lower in old crop, to down 17 3 A cents in new crop, around the middle of a 20 cent range. Late local short-covering on a general lack of followthrough selling took prices off day's lows, traders189 words
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Article212 1981-03-06 4 WHEAT futures in Chicago on Wednesday closed at or near the bottom of a 13 cent range, down 10 1 to 12 1 cents a bushel. Aggressive local long liquidation following increased precipitation in major US winter wheat crop areas dropped values for losses from the start, traders said.212 words
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Article224 1981-03-06 4 THE Singapore market yesterday closed slightly higher with March One RSS buyers quoted at 272.25 cents per kilo, up 1.75 cents from Wednesday's close. Morning prices were marked up slightly on some trade and speculative buying coupled with higher London advices. Afternoon prices eased slightly on isolated224 words
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Article350 1981-03-06 4 RAS prices In cents per kilo yesterday: t Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 270 00 271 OON 270.00 271 00N Int. 1 R.S.S. March 272.00 273.00 272.25 273 25 Int. 1 R.S.S. April 277.00 277.50 277.25 277.75 Int.350 words
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Article117 1981-03-06 4 NOON SSR and SMR prices yesterday RAS March April (Currcat Mth) (FtmH Mth) Buyer* Sellers Buyers Sellers SSR 20 (1-u pallet) 243 00 245 00N 245 00 247 00N SSR SO (1-u m pallet) 239 00 241 00N ***** 243 00N MRELB SMR CV (1-u >n pallet)117 words
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Article83 1981-03-06 4 THE STRAITS til price in Penug yesterday fell SI cents to MSSIJt ft kilo but wfts still within the Interoattonftl Tin Agreement's middle range price of $91.11 to $32.74, dealers said. They attributed yesterday's (all to peer demand and the continuing bearish marhet Influence of the GSA stockpile83 words
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Article34 1981-03-06 4 Rubber; March 5 Singapore: March: 272.25 cents (up 1.75 cents) Malaysia: March: 296.00 cents (up 1.50 cents) Tin: M $30.30 per kilo (down 31 cents) Official offering: 163.75 tonnes (up 28.75 tonnes)34 words
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Article88 1981-03-06 4 THE Malaysian Minister of Finance has fixed these rates for the period from Mar 5 until further notice: Rubber: 299'» cents a kilo for RSS One; C*pr>: M 5790.00 a tonne; Palm kernel: $955.75 a tonne; White pepper: $3,701.50 a tonne; Black pepper: $2,482.33 a tonne; The88 words
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Article181 1981-03-06 4 CHINESE Pradaee Exchftige, Stegapare, elating price» per ltlk| yesterday. Cwwil «II: Bulk fob $117.00 sellers, old drum (in second hand drum) fob $130 00 sellers, new drum lob SIX.OO sellers. Copra: Mixed (loose) $66 00 buyers. Pepper: Muntok white pepper fob Asta NLW $425.00 sellers, Sarawak white pepper181 words
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Article193 1981-03-06 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattea yam: China Blue Phoenix 20a 2,220; 32s 2,770, 40b 2,980 (per bale at 400 lbs). < Piece giiO: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and193 words
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Article324 1981-03-06 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.28, 100 per cent second class 1.02, 100 per cent third class 1.01, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special324 words
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Article882 1981-03-06 4 COFFEE: Robusta futures closed a quiet morning at the slightly lower levels with losses from Wednesday of £5 to £3 per tonne. Turnover was 263 lots including five options. Dealers said the market traded narrowly around the slightly lower levels established shortly after the opening call. Underlying commission882 words
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Article120 1981-03-06 4 THE Kuala Lumpur market yesterday ruled mixed in thin trading despite covering of nearbys, dealers said. In March, the southern region dropped Mss to $980 a tonne and north $2 to $978. In April, the central region gained $3 to $952.50. The refined market continued featureless on lack120 words
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ASIAN STOCKS
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Article530 1981-03-06 4 TOKYO SHARE prices yesterday fell sharply in moderate trading, led by drugs, machine tools and oils, despite active foreign investors buying in blue chips, dealers said. The market average lost 40.36 to 7,094.03, with volume 360 million shares. The Tokyo Stock Exchange index ended at 509.16,530 words
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Article304 1981-03-06 4 Source: EXCEPT far a short rally around 11am, yesterday's market went straight down. After Wednesday's sharp rise, there was no followthrough buying support as profit-taldng appeared. Institutions remained on the sidelines as small investors fought it out in the market. Cheung Kong led the drop as it fell toSource: - 304 words
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Article363 1981-03-06 4 SHARE prices in most sectors yesterday were mixed in directionless trading as a fall in gold prices and lack of interest by overseas investors was partially offset by BHP's 25 cent rise to A 512.60 in afternoon trading, dealers said. The All-Ordinaries index added 0.3 point to 646.2, the363 words
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Article263 1981-03-06 4 STOCK prices yesterday closed mixed in quiet trading and the Book Club index fell 1.04 points to 110.40 on a turnover of 9.2 million baht, dealers said. Jalaprathan Cement rose one baht to 11? and Rama Tower gained 0.50 to 83. MAN <* Baht> A>u Crrdit A*ia l-'ibre 140263 words
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Article102 1981-03-06 4 MAN Uf» Pesos Arojr Minmn 00M unrh Atlas Con A Atlas on B 2725 -0 25 Baguio (rt'ld 0048 -0 0002 Brogue! Con B 61 1 Bt Goodrirh 11 20 02 CIXP S unch km b UBMI Le panto B 12 unch M.irinduqur B 10 unrh o Oriental A102 words
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Article52 1981-03-06 4 FINANCIAL TIMES INDUSTRIALS Wednesday SOO 0 Tuesday Week Ago 3°20 DOW JONES AVERAGE INDUSTRIALS Wednesday Ei'15 Tuesday «*02 Week Ago 854 4o H.K.HANG SENG Thursday |3»2 «3 Wednesday }«•>» Week Ago 1500 1® AUSTRALIAN INDUSTRIALS Thursday Wednesday a Week Ago 884 2 all ordinaries Thursday J*® 2 Wednesday52 words
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Page 4 Advertisements
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Advertisement72 1981-03-06 4 Direct to KUWAIT Twice Weekly with JAT Yugoslav Airlines JAT the only airline to bring you and your cargo direct to KUWAIT. In the quiet comfort of wide-bodied DC 10's Ex SINGAPORE every WEDNESDAY and SUNDAY Ex KUWAIT every TUESDAY and SATURDAY jur Yugoslav Airlines For full information, passenger/cargo reservation72 words
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TRADE AND INDUSTRY
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Article321 1981-03-06 5 JAN LEE - By JAN LEE THE Singapore Polytechnic wili conduct two courses in ship management for shorebased staff in the shipping industry as well as those working aboard ships. The Polytechnic is offering the courses after several months of assessment during which it consulted representatives of the Marine Department, the321 words
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290 1981-03-06 5 SINGAPOREAN society may have lost sight of what it is trying to achieve in education in its search for an efficient way to put into practice its education policy. Professor Lau Teik Soon, MP for Serangoon, said yesterday that Singapore should first290 words
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Article126 1981-03-06 5 THE National Productivity Board will be conducting two technical courses this month Understanding Transistor Circuits (March 9 to April 16) and Practical Die Design for Press Working (March 16 to 27). The course on transistor circuits will emphasise the practical aspects of industrial transistor circuits and analyse the126 words
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Article549 1981-03-06 5 SEMINARS AND COURSES Mar 9-13: The Allen Management Seminar, SIM Conference Room (3rd floor. Thong Teck Building), Singapore Institute of Management Louis A. Allen Associates, Inc Mar 10-Apr 9: Effective Letter Report Writing, SIM Conference Room, Singapore Institute of Management Mar 10-Apr 10: Basic Supervision For Junior Supervisors,549 words
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Article133 1981-03-06 5 FRANMARINE Services, an Australian company based in Fremantle, is looking to Singapore and the region as markets for its ports services, particularly its underwater hull cleaning services. The company, which operates in Fremantle, Port Hedland, Port Walcott and Dampier, is taking part in Marintec Asia 81, the marine133 words
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Article136 1981-03-06 5 A WEST German specialist in city and regional planning will arrive in Singapore on March 16 for a five-day visit. Professor D M Dueckert will participate in a Singapore Broadcasting Corporation forum on the subject of city planning on Mar 20. He will also136 words
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Article172 1981-03-06 5 A DELEGATION from the International Chamber of Commerce headquarters in Paris will visit Singapore next week to promote the chamber's activities. The delegation is led by ICC president Mohamed Ali Rangoonwala. The stopover in Singapore from March 12 to 14 is part of a172 words
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Article, Illustration155 1981-03-06 5 CAIRNHILL hotel has appointed James Goh front office manager. Mr Goh has worked in the hotel industry for almost 10 years. Before his present appointment he was night manager at another local hotel. He joined Caimhill hotel last year as duty manager. In his new capacity Mr155 words
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428 1981-03-06 5 THE metrication of taxi fares has given a fillip to Martin Meters, the only electronic taxi meter manufacturer in Singapore. The company currently produces about 400 meters per month but there are plans to expand production to 600 by the end of this year.428 words
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Page 5 Advertisements
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Advertisement174 1981-03-06 5 Leader... Page From its proven 6-cytinderl99Bcc engine to its power windows oV*'"" 7 1 to its v. >-A r. y If 1 .DATSUNJ to its power tilt collapsible steering to its luxurious seats to its Datsun air-conditioner I f M I i I*~ the DATSUN2OOL Is every bit iMM J174 words
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Article338 1981-03-06 6 SINGAPORE owes what it is today to its strategic location at the crossroads of EastWest trade. Entreport trade and the resultant shipping industry played and still play an important part in Singapore's economic success. And yet, if a visitor to Singapore were to measure the importance338 words
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303 1981-03-06 6 THE PROSPECT of a sixth oil refinery is likely to have but limited appeal to Singapore's existing refiners. Competition may be healthy but one never quite welcomes new competitors with I open arms. But from the more detached view- point of Singapore's planners, it is303 words
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Article926 1981-03-06 6 FLORENCE CHONG - VICTORY FOR THE YWCA Twenty women on the YWCA board could have wrecked Hongkong Land's plans in Sydney an impressive As6o million development of a 28storey complex. FLORENCE CHONG, reporting from Sydney, relates the story of how the YWCA outwitted HK Land. FLORENCE CHONG FOR SIX926 words
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414 1981-03-06 6 Bill B P Lim - Letter to the Editor Bill B P Lim Dean Faculty of Architecture A Building Dear Sir, May I refer to "Much Renovation Needed" by Miss Agnes Wee (Business Times, February 11, 1981). As the article referred to the Department of Buidling Science, some clarification on the414 words
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Article199 1981-03-06 6 WHERE else but inside the bus would passengers sit or stand? Or perhaps the J Sentosa Development Corporation, harbour- I ing sweet, sweet dreams of hordes of sun- j seekers swarming over their buses in desperate hurry to get to the best bits of beach, have199 words
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Article, Illustration1196 1981-03-06 6 IKUO ANAI - By IKUO ANAI JAPAN is preparing for its annual spring wage offensive with labour leaders and management entering negotiations with sharply conflicting strategies towards a common goal to check inflation and expand the powerful Japanese economy. The wage offensive, known as Shunto, reaches a climax in mid-April when1,196 words
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Page 6 Miscellaneous
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Miscellaneous593 1981-03-06 6 TWO-IK-ORE CROSSWORD CRYPTIC PUZZLE ACROSS Chap kicking around the race-course? (6) Building with nobody in? (8) Mineral amicably yielded (4) The dazed condition Proust got into? (6) A blow with an oar (6) Leading spinner (3) Some pretty resilient rubber articles (5) The shelter that woman had (4) Could you593 words
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Miscellaneous7 1981-03-06 6 BliStdW'.'^ranfcDictenS HEftE-'S B P\ece OF mtme >5,7 words
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Miscellaneous788 1981-03-06 6 LVr&RfrDIO FRIDAY BACKGROUND! SBC's latest venture to a the N on-Aligned Conference gramme which is edited byeorreat affairs programme an the Kampuchean prob- executive producers Chan called "Friday Bach- lem. Heng Wlag aad Loon* May grouad." This fortaightly The tt-mlnute programme J" Kim programme oa Friday also looks at the788 words
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Article, Illustration1306 1981-03-06 7 FONG MEW LENG - By FONG MEW LENG VOLUMES of production manuals and journals testify to a marriage that could have succeeded only with a willingness to learn, adapt and understand. Nineteen Singapore engineers, technicians and Supervisors spent some nine months in the parent plant of Yokogawa Electric Works in Japan1,306 words
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Article943 1981-03-06 7 LEE YOKE MENG - FOBUH with LEE YOKE MENG WE ARE in a losing generation. Some of us, at least. As kids, we cowered under a harsh education system, in my case in a government-aided school with strict discipline and no 'nos' for a certain task delegated. Whoever said schooldays are943 words
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Page 7 Advertisements
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Advertisement159 1981-03-06 7 Subscribe to Business Times now and gel 4 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 Business Times readers who subscribe directly to us. If you subscribe now, you pay159 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article288 1981-03-06 8 MAN Kr» CORBEILLE Air-I.i«iuid»* iM unch B S N C*Tv.ii.s UllUMlf 1032 2 i' s K <Thoni>oiiCM1 363.10 7.1 l v Kraiirauw IVtrult's 222 -2 i fotnpaitni*191 < irnmlr -3 <*r»*dit Fuiu irr I >•- KrjtM* 44)1 20 0.2 II irlkrtt** i librairi** > 364 -1 Machine Hull 57288 words
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Article243 1981-03-06 8 MAN iM I >m A»*c-T**l«*l unk**n 62 00 -09 Ak/M 16 00B All/ L«*bt»n 1040 00 unch All/ Vrr* mm -2 BAM 124 10 -02 Bay H T Wbjuk 35 Bay Vbank Mil 05 IMTT 110 30 -12 mm at -03 BMl mm 0.7 (Mh 291 00 1 Che243 words
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Article96 1981-03-06 8 MAR IN Kr* FORWARD MARKET Arif 280 -1 Arbrd 119U -26 AMur 369 -3 Br.i\4 .in 948 -16 Bru-l.ainh 930 14 l .inpac 1246 -56 Click 172 unoh 1* titrrs 291 -2 Fbr* 1675 -25 Klwlrobfl 3100 -75 (ib-lnno-Um 1960 5 C»rv 1300 -10 Hot* »k 2410 -130 Prlro96 words
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Article223 1981-03-06 8 \I.\K IM Kb 2ho (in -3.5 UIMM 73 00 0.5 AK/«» 17 60 0.1 v\Il V 91 60 -0.6 vr..! 114 50 -1 hnk 55 10 0 4 25 20 0 7 It-rk 46 00 1 k*%4 54 00 215.50 1 >• r J itii.i 1111 56 20 -05223 words
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Article189 1981-03-06 8 MAR <H Francs Art 1011 > Suiv*** 288 4 Br 1115 5 Rrg 440 -2 brimii Bov«*ri Br 1370 20 Ctfel (M0 Br 1110 25 nii p c 820 m Ciba C(«*ic> K«*k 560 unrh Crpriit Suinn«* Br 2 s -30 I'rrdit siiivsr- Kf-t 446 unrh Elektromatt Br 2430189 words
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Article104 1981-03-06 8 MAR 04 larr Ann 13.111 unoh AMI 1*3300 -Jion 712 -K CMnlr 4*200 220 i- ut 22W 19 hM#v M v> -22S C it'll llllliuih mm im pva »>420 •5 It.iti ftiM-nu 4 MB 1«K0 r i k.. i v 10MS •is H.iiNKifr 319 17 M.iKiifli M IM HSIW104 words
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Article197 1981-03-06 8 V \K t'S AMibi ;c unch Ai< .in 41 Mwin.t a Bunk 11 M Hill 18m >.. i ivii r. lh Ilfih (•«*;> III* < an Ltd 41 Hi .im-.i n U i'.imp Hni I ikf :*> r.m Imp hk «l i.tnp.M 12 1 iip.i* ln\ 1*1 r.iiimt: (VK«*ir197 words
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Article311 1981-03-06 8 INDUSTRIALS A Aiph.t unrh AI»T« Mill .115 unrh AF And< l 850 to A MIC 2 WO -U*> ii.trlo* 97.S 3 i'tt Sutc.ir 1 "MO i v\ 510s unrh <'urru- Ki n.in« v 230 >. 1 r Ind 2M intrli h drim •TfO tnfrh I uf> 1 Yolk 455311 words
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Page 8 Advertisements
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Advertisement255 1981-03-06 8 Where to wine,dine and entertain Get away to Sentosa "jsv. W -"hfefim 1 .-13 MTBCosts only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a discount. Offer applies MONDAY-THURSDAY (except public holidays and holidav-eves). For full details of the 50% DISCOUNT255 words
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Advertisement145 1981-03-06 8 t* Uvkn JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentic ally Japanese delights. Open daily: 12 noon 3 p.m. 6 30p.m. 10.30p m. For reservations call *****77 J I'lirk Slmtiilini SHERATON HOTELS AND INNS WORLDWIDE Nassim Hill Singapore 1025 Tei *****77 OPERATED gv ANA HOTELS U tm A LUNCH145 words
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Advertisement176 1981-03-06 8 See Page 4 for Asian stocks and Page 9 for NYSE prices The Great Family Do-ltAburself Barbecue. »»> y t H ti list choose what you want and barbecue it Meat, seafood salads sauces Chefs hat and *iron available $20+ for adults. $1 4 -f for each chrid under 12176 words
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Advertisement121 1981-03-06 8 "VDine 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. jgj HURON ISIThKNATIONAI-. SINGAPORE 215S Very exclusive. Very different. Very private. It's121 words
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Advertisement208 1981-03-06 8 It's as good as going to Bangkok. 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 41208 words
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BANKING AND FINANCE
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248 1981-03-06 9 THE Nederlandsche Middenstandsbank NV (NMB) in Amsterdam has taken over the Banque D* Investissements Mobiliers Et De Financement (IMEFBANK) in Geneva in a bid to expand its operations in Switzerland. It was announced also that NMB intends to merge the new acquisition with248 words
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Article166 1981-03-06 9 A HOUSTON Bank ordered to tell Dallas-based Dresser Industries Inc of any Iranian assets it holds has reported more than US$7 million in letters of credit involving the country. The letters of credit would require the bank to forward the money to Iran if individual companies break agreements166 words
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Article784 1981-03-06 9 NORDIC BANK'* pre-tax profits increased by 20 per cent from £10 million in 1979 to £12 million last year despite the fall in lending margins. The bank's total assets also rose by 17 per cent to £1,441 million. All departments in the head office at London contributed to the784 words
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Article169 1981-03-06 9 MALAYSIA is raising USS4M million with a twopart Earoeredit through a five baak maaagemeat group, baaking sources said. 11» firat, 11-year tranche is far $SM million with interest at H per cent over London inter baak offered rates, Übor, far the first five years aad V169 words
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412 1981-03-06 9 SOCIETE GENERALE, which maintains an offshore branch in Singapore, will officially open its regional head office here on Monday. The new office will coordinate the operations of its offices in Asia and Australasia. Previously, the region reports directly to the Paris head office. This412 words
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Article542 1981-03-06 9 ALVIN TAY - By ALVIN TAY THE CURRENT euphoria in the Singapore-based floating rate certificate of deposit market is likely to continue this month as lead-managers prepare to launch more issues. Last month, the market hit a peak with five issues worth US$l35 million. This month, another two542 words
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Article229 1981-03-06 9 FIXED DEPOSIT rates are easing again. The latest group d banks to tower their rates include the Industrial and Commercial Bank, Chase Manhattan Bank and the Hongkong and Shanghai Banking Corporation. From today, depositors sf ICB will get 12 per cent for one- and three-month fixed deposits,229 words
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261 1981-03-06 9 Reuter LEADING Japanese banks are seeking increases in their quotas for participation in international syndicated loans in view of an increasing number of cases of repayment of old syndicated loans by borrowers before maturity. Sources said this increase is due to a sharp decline inReuter - 261 words
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Article161 1981-03-06 9 SOME Japanese life insurance companies have invested an estimated US$2OO million in mark bonds, attracted by a sharp rise in their yields and in the belief the exchange rate of the mark has bottomed out. The insurance companies are operating mainly through Japanese securities companies, which161 words
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Article1209 1981-03-06 9 NEW YORK STOCK MARKET THE NEW YORK stock market on Wednesday overcame some mid-afternoon profit-tak-ing to close higher in moderate trading led by a strong showing in the steel group. Analysts said steel makers should benefit from two aspects of the Reagan economic package and as a1,209 words
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Article171 1981-03-06 9 SWISS money market rates have reached record highs and are now at levels where Swiss investors seem to be attracted back from dollar and mark deposits into Swiss francs, money market dealers said. Two, three and six month deposits were all quoted at 9'<» per cent,171 words
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Article56 1981-03-06 9 THE SWISS National Bank has authorised a raise of Swiss banks' interest rates on medium term notes to 5 '/2 per cent for notes with maturities between three and four years, 5 3 per cent for five and six year notes, and 6 per cent for seven and eight56 words
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MONEY AND EXCHANGE$
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Article210 1981-03-06 9 THE US dollar yesterday weakened against other major currencies in thin nervous trading, despite a rally near the close, dealers said. Commercial selling brought the dollar lower, and the market continued nervous, with the possibility of some mark support being decided at yesterday's Bundesbank meeting. Spreads were generally wide,210 words
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Article189 1981-03-06 9 THE dollar yesterday opened above its late Hongkong levels but below its close on Wednesday here and in New York, dealers said. The dollar opened at 2.1240 55 marks after a late 2.1200 10 in Hongkong and closed on Wednesday at 2.1335, 50 in New York and 2.1380 1410189 words
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Article450 1981-03-06 9 REFLECTING the cautious mood of the market, trading was rather thin yesterday. The US dollar remained weak against all major currencies amidst speculation that the German and Swiss authorities would intervene to support their currencies against the US dollar. Another possible reason for the weakness of the US450 words
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Article231 1981-03-06 9 SINGAPORE gold futures yesterday closed sharply lower compared with overnight levels in moderately active trading, dealers said. Total sales for the day was recorded at 130 lots while volume for kerbs was at 121 lots with interest spread over the months of April, June, August, October and December. April231 words
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Article37 1981-03-06 9 New York 11 «B 12.10B 11 70S 12.40S Zurich 11.30B 11.70B 11 70S 12 10S J Singapore Illrt U«5B 12.Q0B 11.85S L2 40S Closing prices in US dollars a troy ouoo >. Source: Credit Suisse, S'pore.37 words
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Article22 1981-03-06 9 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 14.4 per cent.22 words
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Article191 1981-03-06 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Mar 5. L'S Dollan(Spot) Offer Bid 7 days 161/16 1515/16 1 month 169/16 16 7/16 2 months 1611/16 169/16 3 months 16 13/16 1611/16 6 months 16 13/16 16 11/16 9 months 16 5/16 16 3/16 12 months 16'.191 words
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Article46 1981-03-06 9 RANGE of prices offered by discount houses on Mar 5: Overnight: 7'«?f Call deposits: 6»<* to T,U CUnimf Buying Selliaf 3-month Treasury bills 6 3 6H 3-month Bank bills 13 13». 3 months CD 12'« 12 6 months CD 12 11'. Source: National Discount Co46 words
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Article121 1981-03-06 9 THE US dollar for overnight delivery yesterday closed easier at 207.80 yen compared with a 206.40 opening here, a 206.40/60 closing in New York, 206.35/55 on the West Coast and 206.96 here on Wednesday, dealers said. Trading was active with volume US$l billion. Trading was active through the day,121 words
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Page 9 Advertisements
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Advertisement304 1981-03-06 9 We have a history of making money grow Lombard North Central is part of one of the world's largest banking groups and we have a history which' covers more than 1 (X) years. We offer a range of deposit schemes which will produce maximum interest whilst giving flexibility of choice304 words
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2072 1981-03-06 10 BID and offer prices officially Bsted and business in and reported to the Stock Exchange at Singapore yesterday with Qie number of shares traded shown in brackets in lots of £000 tmits, unless otherwise specified. SECTION ONE Z INDUSTRIAL COMMERCIAL Acma (3.505)2,072 words
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Article177 1981-03-06 10 SINGAPORE UNIT TRUST OUB-MONTAGU (Mmpn' prim far Ma r 1) (Maaagers' prieaa far Mar «> TV Commerce 3.T9 3 98 Union Spore Fund 1.S2 1.57 The Savings Fund S pore Prog Fund S pore Sec. Fund 210 1.6 2 21xd LW INCOME BOND UNIT 2 38 2 50177 words
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Article2773 1981-03-06 10 1980/1981 High Low Company Last Sale orGr's Div Div Cvr Gr's Y'ld Net P/E Vol COOO) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 361* 300 184 260 420 184 352 935 408 458* 238* 220 116 138 203* 60 275 246* 187 214* Acma Alcorn Allied Choc2,773 words
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Article1955 1981-03-06 10 BID and offer prices officially listed and !■>— 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 Mrmm (3.008 3.045) A Char (1 608 1 70S) (1) 11,955 words
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741 1981-03-06 10 NERVOUSNESS tktit todaj* badge t speeek aad a whtiaWilly dampeaed Beagkeag market pat tke leeal exekaage u4er a keat ef preflt-taklag wklck left stock prices lewer tkaa prevleas day's eleslag levels. Dealer* saM aaeertalaty was appermest la peepie's mlak, reaaltiag la a market which741 words
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Article594 1981-03-06 10 SENTIMENT wavered on the Kuala Lumpur stock exchange yesterday with the market turning hesistant after an initially firm start. Buyers had emerged positively at the opening bell to push prices substantially higher. However, the upsurge failed to gather momentum and values subsequently retreated for the594 words
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COMPANY NEWS
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Article313 1981-03-06 11 BARRING any further decline in current prices, the chairman of Rahman Hydraulic Tin (RHT), General Tan Sri Ibrahim bin Ismail said that the results for 1961 should be comparable with those for 1980. He added that the revision of export duty in December last year313 words
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231 1981-03-06 11 AYER Hitam Tin Dredging's profit from mining operations was- slashed by more than half to $3.6 million during the first half year ended Dec 31,1980. This reduction came with the 25.8 per cent fall in output of tin concentrates to 11,972231 words
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Article, Illustration731 1981-03-06 11 CHOO AI LENG - By CHOO AI LENG INCHCAPE Bhd's timber division will continue to form an important part of the group's activities in the eighties. For a start, it is looking towards a turnaround in the timber market this year, said Inchcape's chairman DR Da vies in731 words
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Article67 1981-03-06 11 Reuter OVER half the 30 member companies of the Securities Exchange of Thailand were given suspended sentences or fined last year for violating regulations of either the exchange or the Securities Act of Thailand, exchanges sources said. Violations included trading outside the exchange, allowing clients to tradeReuter - 67 words
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Article220 1981-03-06 11 GENTING Berhad: EOGM to be held at the Theatrette, Ground Floor of Bangunan MIDF, 195A, Jalan Pekeliling, Kuala Lumpur on Mar 11 at 10 am. ULU Beast Consolidated lad as tries (M) Berhad: AGM to be held at I -aHang Pinji, Lahat, Perak on Mar 14 at 11.30220 words
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1040 1981-03-06 11 LONDON stoekbroking firm Laareaee, Pratt is predicting a substantial improvement in stock prices on relatively active trading during the next few weeks. The fact that the market closed decisively higher after a serious tussle between the bear and the bull, characterised by the unusually1,040 words
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Article360 1981-03-06 11 Date La it Fall Yea t Company Perted AuNMed Net EPS Gross Pre-tax but year (cents) Dfv. Praflt (IIH) Pahang Cons F 16/11 1.5 2.5 1.634 Lingui Dev I 11/2 2.5 4.0 431 MBS F 14/2 24.2 18.0 20.908 P M Holdings F 22/2 35.7 12.6 3,920 Dunlop360 words
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LATEST RESULTS
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Article182 1981-03-06 11 announced a decline in the group's pre-tax profit to $4.03 million for the year ended Dec 31, 1980, down from the previous year's income of $4.22 million. This was despite a higher turnover of $40.17 million against $35.88 million previously. Profit, after providing for taxation and182 words
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Article, Illustration600 1981-03-06 11 Ui §O©BGL«, by HOCK LOCK SIEW SINGAPURA Building Society has played the elusive game again, spurning two suitors within a span of four months. Indeed it must ego-deflating for Straits Trading the second suitor for the building society a company capitalised at $1.8 billion, to be givenby HOCK LOCK SIEW - 600 words
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Page 11 Advertisements
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Advertisement270 1981-03-06 11 NOTICE PREQUALIFICATION TO TENDER PROPOSED Off. STORAGE TERMINAL AT PULAU SEBAROK FOR M/S VAN OMMEREN TERMINAL (S) PTE LTD Applications are invited from experienced Contractors who intend to tender for the above project at Pulau Sebarok. This project, in its first phase, comprises the construction of 19 storage tanks and270 words
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Advertisement323 1981-03-06 11 PETHOLIAM NASONAL BERHAD PROJECT STAFF FOR THE CONSTRUCTION OF PETRONAS REFINERY AND POWER STATION, KERTEH, TRENGGANU PETRONAS, the Natkmal Petroleum Corporation of Malaysia invites applications for the following positions to serve on the owner Project Management Team for the construction of a 30,000 BF'SD Refinery Project and Power Station in323 words
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491 1981-03-06 12 SALMA KHALIK - By SALMA KHALIK RELATIONS between Singapore and France have just received another boost. Mr Jean-Phillippe Quercy, the French Economic and Commercial Counsellor at the Trade Commission here, returned yesterday after a month of promotional lectures in France to sell Singapore to French exporters.491 words
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Article225 1981-03-06 12 AFP SINGAPORE Airlines is being sued by the Japanese Transport Ministry in connection with the special landing fees for use of Japanese airports. Also being sued are Pan American World Airways (PanAm), Korean Airlines (KAL) and Northwest Orient Airlines (NWA). In a suit filed with theAFP - 225 words
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537 1981-03-06 12 TOKYO DIVERSIFYING Reuter INDONESIA, one of the world's largest producer of liquefied natural gas (LNG) which is becoming increasingly important as an alternative to oil, is looking for new custpmers, petroleum industry sources said. All of Indonesia's LNG exports last year went to Japan,Reuter - 537 words
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290 1981-03-06 12 AFP THE Philippine government's capital gains tax on stock deals and the prevailing tight money situation have created what analysts consider the "worst slump" in the stock markets since 1973. Never had the failure to rally been more evident than this week whenAFP - 290 words
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Article800 1981-03-06 12 LONDON, Thurs. Prices were narrowly lower for want of support today and at 3pm the Financial Times index was down 1.6 points at 496.4. Leading issues were generally a penny or two down but ICI rose 2p to 252 against the trend. Government bonds showed falls of up800 words
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Article82 1981-03-06 12 AP NEW YORK, Thurs. The stock market continued to climb in early trading today, with steel stocks and some airline issues moving up. The Dow Jones average of 90 industrials rose 0.61 points to 972.06 in the first half hour, and advances outnumbered declines by a 4-to-3AP - 82 words
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111 1981-03-06 12 AP SIX ARAB ell pradaeers 1b the Persian Gall have agreed to set ap a maltthilttoa Mlar Investment faad to whfteh part sf Arab sarplu petradellars will be diverted. Qaetlag gevernmeat —arces, the weekly aewspaper, AI-BUat, reparted yesterday that at the reqaestAP - 111 words
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Article136 1981-03-06 12 Reuter NEGOTIATIONS on the crippling three-week strike against the Australian airline Qantas broke up inconclusively again yesterday but union and government sources said the stoppage was likely to end today. Talks in Australia's Arbitration Commission between Qantas and union leaders adjourned after a brief meetingReuter - 136 words
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253 1981-03-06 12 Reuter A LEADING official in China's electrical industry was quoted as saying yesterday that contracts signed with foreign companies last year to import television sets or parts have created difficulties for China's domestic electrical industry. The People's Daily did not name the officialReuter - 253 words
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Article142 1981-03-06 12 AP AN ELECTRONIC spy has been installed in Britain's ancient House of Commons to stop diners from stealing cutlery. Suspicion for the £100,000 worth of cutlery lost each year from the 26 dining halls and cafeterias falls on guests of Members of Parliament, rather than onAP - 142 words
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Page 12 Advertisements
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Advertisement168 1981-03-06 12 U5530,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 9th March, 1982 THE INDUSTRIAL BANK OF JAPAN, LIMITED (Singapore Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the six months interest period from 9th March, 1981 to 9th September, 1981, the Certificate168 words
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Advertisement82 1981-03-06 12 Frankfurt en route to any off 58 cities in Europe? Precisely. On Lufthansa. rankfurtlV^ m D-ARYL Lufthansa flies to 58 cities in Europe via Frankfurt. Departing from Singapore at 2205 hours every Monday, Wednesday and Friday; from Kuala Lumpur at 0320 hours every Monday and Thursday and arriving at your82 words
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Page 12 Miscellaneous
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Miscellaneous68 1981-03-06 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Partly cloudy wih showers in a few areas around midday onwards. Report tor 24 tours prtor to 7J9 p.m. m March 5 at the airport. Maximum temperature 31.1 Associated humidity 63 Minimum temperature 22.5 Associated humidity 99 Hours of sunshine68 words
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SHIPPING TIMES
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328 1981-03-06 13 THE president of Techrioexpo Company of Prance, Mr Francois Aigoud, is in Singapore on a promotion tour to attract participants for the forthcoming maritime exhibition to be held in Bahrain. The exhibition, Oceanexpo Middle East, will be staged from Feb 15 to 18 next year and328 words
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Article568 1981-03-06 13 APPLICATION OF FUNDS THE emphasis on construction and the application of funds continues to cater largely to the requirements of major international operations rather than to the needs of regional shipping operators. There is currently a greater need for a shipping service within the region for the568 words
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PORTSIDES
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Article56 1981-03-06 13 THE Institute of Shipping Management (ISM) will be holding its annual meeting at the ShangriHotel at 6.30 pm today. The three-year-old institute, which groups executives from the shipping industry, will be electing a new 12-man council and" consider proposals to form a new class of members56 words
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Article105 1981-03-06 13 Mr THE Hai Hing Shipping Company of Shanghai is to add another passenger-cargo liner to the Hongkong route later this month. The ship is the 20.000-ton Hai Hing which is scheduled to lx i gin the service on March 24 after a cargo-only trial run before thatMr - 105 words
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Article142 1981-03-06 13 AFP THE government-owned Yugoslav shipyard Uljanik will pay to the state-run Shipping Corporation of India T S$l.44 million in damages for delayed delivery of two cargo ships ordered under a contract. This was provided for in an agreement signed between the Yugoslav government and the SCI recently,AFP - 142 words
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Article71 1981-03-06 13 AFP A SINGAPORE ship hit both a naval dock and a patrol vessel at the Jakarta port of Tanjung Priok on Wednesday. The Aik was apparently trying to avoid collision with a speed boat when it made a sudden turn and hit the dock badly damagingAFP - 71 words
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Article750 1981-03-06 13 SMpptaft Liar Page Cai Shlpplag Liar Cal Arhipelego vn 2 Evergreen IV 3 Adriatic IV 2 Fargo vm 3 Afea VI 3 Fesco vn 4 5 Afro- Eurasia VI 2 Flotta Lauro V 5 Alfred CT VIII I Fortune VI 5 Alltrans VI 5 Franco-Belg m 4750 words
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Article881 1981-03-06 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 Laura Maersk 8104 Chevalier Rose 23E Ever Vigor 63-10W Neptune Topaz 34S/35N P. Polk 109 Bunga Dahlia 8B/9A Unlcon 50s Sovereign881 words
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Article1468 1981-03-06 14 CHARTERING was generally quiet on Wednesday in all sectors, brokers said. Time-chartering was much reduced with a lack of new business from the Far East A vessel of 15,000 long dwt was secured for a voyage from Colombo to Skaw-Cape Passero via Australia at U555,850 daily, while a1,468 words
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Article512 1981-03-06 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Ashley Lykes (after President Wilson) 1/2 Blue Kochi (ro/ro) (after Nedlloyd Honshu, must vacate 7th 1500) 3/4 Kota Maju (0700 after Kota Panjang) 10/11 President Wilson (0300) 1/2 Sagaland (after Barenbels) 18 Toyofuji No 5 (ro/ro) (after Shoryu Maru) 13/14 Thermopylae (0600)512 words
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Article, Illustration273 1981-03-06 15 IN announcing the design of a National Oceanic Satellite System (Noss), Dr Guill, Lockheed Missiles 6 Space Company programme manager, said: "In 1979 alone, 279 ships over 500 tons were lost at sea. Our analyses indicate that at least twothirds of them could have273 words
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Article250 1981-03-06 15 UPI A PEKING newspaper suggested the possible existence of a "devil's triangle" in the South China Sea, basing its theory on the mysterious disappearance of three vessels over a nine-month period. The Peking evening news reported that the three ships had simply vanished without traceUPI - 250 words
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911 1981-03-06 15 After 12 months of cut-throat competition on the US-Middle East liner trades, the Dutch line Nedlloyd is at last being given a lucky break'. The pull-out of Soviet lines, Hansa and Seaspeed has left Nedlloyd in a comfortable niche. SEATRADE reports. THE Netherlands shipping911 words
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1235 1981-03-06 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. PN1,235 words
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Article513 1981-03-06 20 ORIENT EXCHANGE THE market in and around South-east Asia is ideal for both shippers and shipbrokers. Charter rates have shown a slight increase with freight rates remaining steady. Worldwide, the dry cargo market provided only one interesting feature in late February and in March. Vessels513 words
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Article726 1981-03-06 20 The above report contributed by the Singapore National Shippers' Council. ALGERIA Most Algerian ports are still congested due to damage by storm. ANGOLA Lobito Luanda Mid Feb, berthing delays of about 2035 days. ARGENTINA Bahia Blanca Feb 19, no waiting times. Buenos Aires End Feb, no delays. NecocheaThe above report contributed by the Singapore National Shippers' Council. - 726 words
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Page 13 Advertisements
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Advertisement374 1981-03-06 13 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel Port Keteng Tel *****1 Kuala.Lumpur Tel ***** Penang Tel *****6 4§» J A RI) 1M AN I AH Orient Overseas Co*doMteA. Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) li S pore PKelang Letlavre R'dam Fitowe H'but( Antwerp KOREAN374 words
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Advertisement419 1981-03-06 13 IISEALORDI UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES Abu Dhabi (20 3>, Dammam (23/3). Kuwait (26/3). Shuaiba (29/3). Doha (1/4). Dubai (4 4> FULLY CONTAINERISED SERVICE SEALOM) SHTPM6 AGENCES (Reg. No. *****5/OOC) 3RD FLOOR. MARINA HOUSE. SINGAPORE 0207 TEL *****94 TELEX NO R*****9 5 CFS OFC419 words
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Advertisement831 1981-03-06 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****1 Port Kelang Tel *****1 Kuala Lumpur Tel ***** Penang Tel *****6 MAERSK LINE EXPORT FULL CONTAINER SERVICES I TO: U S PACIFIC, GULF. ATLANTIC, EAST CANADA. ASIAN FORTS H i Singapore |LongbeachjNe» York Philadelphia(Baltimore ICharleston SINGAPORL831 words
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Page 14 Advertisements
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Advertisement869 1981-03-06 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, NO2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 0409, MALAYSIA. TEL *****8 TELEX: MA *****, *****. ***** ***** CONTAINER SERVICE .CwtMMf Unk* feeder *P Keiang Vessel Spore "B DAHLIA In Port N. HOORN 10/3 B PfNAGA 13/3 TOYAMA 17/3 B DAHLIA 21/3 N869 words
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Advertisement207 1981-03-06 14 BBS SUPERCARRIER SERVICE ii i::. FROM: U8 GULF US ATLANTIC EAST CANADA T"ii utm 7/3 12/3 26/3 23/3 n/3 1/4 6/4 l</4 21/4 13 m saa TO: CALIFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE lUO Kxxrmt HI MM mmm. mm m u* TO: VENEZUELA CARRIBEAN, nr<* vw. ndio im, i207 words
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Page 15 Advertisements
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Advertisement777 1981-03-06 15 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAHERSHP SERVICE TO UK/CONTINENT Hamburg Eiprns Mw Kauga Mara 15 My Liverpool Bay 1} Mar L>p Bay 2f Mar Kowloon Bay 3 Apr City of Edmtourfti Ouka Bay 12 Apr El* Mara 20 Apr Benatto* Hongkong Eiprns 27 Apr HamOwj777 words
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Advertisement384 1981-03-06 15 Franco Belgian Services AC f C OnSO" 1 r r pa "h .serrict Bi'ijian 1 «*r Ktisttrr. I.me ■TTWTTi/' l"' 1: i V I: C.M.C.R. mi cqntanershp some to mememmnean Sport P Manj B lon* MitiKts Genoa Trieste C*»«UJ VILKUf 17 Mai It Mar 4 Apr 7 Apr (Apr IS384 words
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Page 16 Advertisements
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Advertisement912 1981-03-06 16 MUM Hapag-Lloyd TO NORTH EUROPE Hamtwj Eipress Kaluga Maru luffpoot by largs Bay Kowtoon Bay TO MEDITERRAHA IM Chetaier Dt Bkn S pore P Ming In Port 8 3 15/3 17/3 19/3 26. 3 28 3 3/4 5/4 27 3 29 3 8 4 114 TO WORTH EUROPE/MEDHERRAHA S pore912 words
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Advertisement774 1981-03-06 16 LINE KOREA SH C 'Z G P. Kriang PENANG STORE EGA 157W Sid SkJ 6-S March BANGKOK VEGA 158E Sid 6-8 March TO BUSAN ALTAR 161W 1215 March 16-18 March 20-23 March FROM BUSAN BANGKOK ALTAR 162E 12-15 March 16-18 March 20-23 March TO BUSAN KSC KSC KSC KSC KSC774 words
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Advertisement678 1981-03-06 16 ©EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTING CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. LE HAVRE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER, BIRMINGHAM. BRISTOL. LIVERPOOL GLASGOW. LEEDS. WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM Spore fed Hante| Rotterdam FeOntowe Antwerp It Havre Ever Lock? 17/03 23/03 3/04678 words
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Advertisement969 1981-03-06 16 I Everett Lines J] Buraa Fhrt Star Shippinf Corpn. "BURMESE NATIONAL LINE" 10UHN6 FOR RANGOON HTMTMrYIM p»-*r— PKJM Aoenti m Matoyno BOUSTEAO TEL NOS KL *****2/*****9 ompMii Annti— Dt PAftOEYEHETT"* 11/12 Mar TAMUMEVERETT*** 11/12 Mar 13/14 Mar RMKNCttXETT 19/20 Mar 21/22 Mar 23/24 Mar nSFCI SERVICE TO JJIPAN COMPANIA PERUANA969 words
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Advertisement456 1981-03-06 16 ■MM mo.s.E. OCEAN SHIPPING 8 ENTERPRISES PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE GENERAL AGENTS CONTMMER BOOKMG SUB AGENTS P KELANG PtNANG OCEAN SHTPMG I ENTERPRISES PTE LTD SMGAPORE TEL *****44/7 I *****70 K IUMPUR TEL 414(44 4147V1 OCEAN SHPPWG STOKE TEL *****44/7 MAI'S CONTAMR P KELANG TEL 6347 1973/4 EAST456 words
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Page 17 Advertisements
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Advertisement537 1981-03-06 17 L. PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) LiZiLIE! a VOY. SPORE 3W/4E 5-6/4 SW/6E 6-7/5 7W/8E 6-7/6 9W/10E 8-9/7 COLOMBO I HOOEIDAH 10-11/4 11-12/5 11-12/6 13-14/7 17-18/4 18-19/5 18-19/6 20-21/7 19-20/4 20-21/5 21-22/6 22-23/7 AOABA 21-22/4 22-23/5 23-24/6 24-25/7 S'PORE 8-7/5 S.E.A. Container537 words
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Advertisement294 1981-03-06 17 f—BLUE STAR LINE ffSJt SINGAPORE NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND, WELLINGTON, CHRISTCHURCH FIJI SHIP SAILS SPORE NEW PLYMOUTH PT CHALMERS AUSTRALIA STAR MAR 7 APRIL 9 APRIL NEW ZEAiANO STA* 8 APRt 21 APRIL 23 APRIL SPORE294 words
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Advertisement998 1981-03-06 17 BEN LINE CONTAINERS EXPRESS CONTAJNEX SERVICE TO/FROM EUROPE TO EUROPE S POX P Natel Eapnu t/3 iMfi MM 15/3 lirerpwot Bay 21/3 Lap Bay It/3 Howtoon by 3/4 City W [M>|k OuAa Bay 12/4 Nw/tow Pr* Bam all 9/3 (iw|i Mi Famdy Ac* lt/3 lap Bay Glory Ace 22/3 Larp998 words
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Advertisement696 1981-03-06 17 Scan Dutch 9 I I x II I I 1 i UI7M7AI Accepting ho* 1) kUtmo Stockholm Oslo. HetsmAi 2) Copenhagen Aarhus 3) Bremen 4) Antwerp Amsterdam UK 5) Barcelona Genoa. Basle Bordeau Alt ES eessets accept*c FQ/FCI intermediate carp) to Hongkong I Japan Reter to Nedkoyd [AC Penan to696 words
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Advertisement596 1981-03-06 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION SOUTH AFRICA A VESSEL SINGAPORE < 18/3 eto Reunion 9 7/4 Durbon 12/4 Capetown 19/4 Pt El,l (also accepting East London and Maputo cargo) Lukes/o Lines U.S. WEST COAST SERVICE teed trout SFO Lbch ASHLEY LYKES Std Ski BRMTON LYKES SW LESLI LYKES596 words
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Page 18 Advertisements
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Advertisement824 1981-03-06 18 TO NORTH AMERICA Carpes aha acceptable tor ■Mian. SI Mn. PMadepha I K CHANCE 2W C PAUL 26* TW BRDGE SN C ROZE 24* K I ACE WON 12W M. Vancouver, Portland. Houston Gafreston. Ne« Orleara, loAl. Baßmore Saranuti lackumie TO EUROPE P Keiang L Havre Rdam H Burg Bremen824 words
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Advertisement647 1981-03-06 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Ludnf tar: lOS ANGEIES SAN FRANCISCO SEATTIE TACOMA VANCOUWA B.C. Acc«plwf Fa/ra Cwtamn t Mat* Srtfaport I •"C" -A *ssn n Mb 21 M* Apr AUSTRALIA EXPRESS CONTAINER SERVICE Acctptaf FCE/FCI Cantawan P Spore Br> MHt AM Sf4 Fn UUNBT 17 Alar 18647 words
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Advertisement664 1981-03-06 18 H >ll|» SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINES* GENERAL *****1 14LINES TERMINAL Of F ICE *****83 TELEX RS ***** RS ***** A B CARSHIP CABLE CARGOSMIP I'vjiioiial 'Tint 1...1..U11 Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK S/XGAPORE ISL.4XDS /.IX/: MIDDLE EAST664 words
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Advertisement702 1981-03-06 18 r KORINS MARITIME SERVICES Roorr- 60V ICB Building. Shenton Way. Singapore Tel 22 6322 222b367 MIDDLE EAST/RED SEA/EUROPE SERVICES ICK LiNts A member o< tftt Samttk Group ol Companes LINER SERVCE FROM KOREA 'TAIWAN HONG KONG TO SINGAPORE bchan Buun lNta| HJ(tn| Sport MM HOOK lite 7 Ite 14 Mar702 words
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Advertisement694 1981-03-06 18 f INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11^*****57 REGULAR NXPOCERT SEIVICE TO EWOPE S port P KMant Pwar* Loadmc »or: BENNEVIS NBIO3 9M* In Port BOU-OGNE/RIMII/ UK (AVON) NORASiA NBIO4 5 Apr 31 Mar A r «h Saif apart HTRASEA (TIE) LTD *****11 BOOK* mm694 words
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Page 19 Advertisements
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Advertisement816 1981-03-06 19 TO EUROPE/UK (VIA SUEZ): K. CHANCE 2W...„ C. PAUL 26W TW BRDGE 51* C ROZE 24W K. JACEWON 12W. MERCATOR 22W Also accepting cargo to/from Scandinavia C. PAUL S pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ): Havre K. JACEHfON 11E Sailed MERCATOR 21E Sailed K. JACEJM816 words
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Advertisement373 1981-03-06 19 MALDIVE LINES ETA SPORE 15/3 7/3 30/3 23/3 In Port Sailed 17/3 10/3 15/3 ETA KUANTAN ETA PORT KELANG 12/3 7/3 MALDIVE NOBLE Loading For Jeddah MALDIVE PEACE Loading tor Bahrein/Kuwait MALDIVE NOVEL Loading for Kuwait MALDIVE PRIZE Loading For Jeddah MALDIVE IMPORTER Loading For Male MALDIVE PROGRESS Loading For373 words
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Advertisement86 1981-03-06 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SM6APORE Telex Numbers RS ***** RS ***** RS ***** P. BUB POMMG «i/s SHARKAT NAN SOON SON. BM>. IST AND 2ND FLOOR. MESSRS HN THONG SHPPWG 23 WeM86 words
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Advertisement47 1981-03-06 19 NOTICE EVERETT STEAMSHIP CORPORATION S/A "Pilfwmi" Vay. B-E Arrd: fS.UI "Mt at Swry: P-S.A. Mas. tt tt General Survey on damaged cargo discharged ex the above vessel will be held on 6th March 198] from 8.30 a m farther nrvey will be beM I after this date.47 words
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Page 20 Advertisements
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Advertisement549 1981-03-06 20 INTERMARITIME LTD., REGULAR SERVICE TO SOUTH AFRICA ETA S'pore Loading for M V SAN PEDRO 20 Mar Durban. Capetown. General Afentv TRANSOCEAM LMERS (PTE) LTD 10th FY Robeu .House, S'pore 1. Tet *****33 Agents fort KeUnt HsH (M) Sdn BM Tef 3149% *****6 Kuala Lumpu TEL 4M027. *****3 REGULAR SERVICE549 words
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Advertisement390 1981-03-06 20 ft JOHORE SHIPPING LY i6l JALAN TENGI viccf** S[IAN( TENGKU BAOAR PORT KfIANG SEIANGOR MAI AYSIA i'f '\m HAJ SHIPPING m i t'l SDN. BERHAD Express Unit load Service from P Kdang East Malaysia Brunei ETA/PKLG Loading for HAYATI V: 4/81 17/3/11 KK, SAIDAKAN HAYATI V: 5/S1 4/4/11 KK, SANDAKAH390 words
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Advertisement335 1981-03-06 20 r-n HONG KONG ISLANDS LINE ST US STATES SERVICE US Wf ST COAST AND U S (.Ul I Accepting FCL Only AGENTS FARCO SHIPfIMC COMPANY (PTE.) LTD. TEL: *****48 TELEX: RS ***** EUROFRA SAUDI LINE FAR EAST Express Conventional Service M.V. SAUDI PMNCE V.l/ll A VESSEL To Jeddoh, (Gnon, Yenbo)335 words
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Advertisement296 1981-03-06 20 PEACE LINE Regular container FCL/LCL services to Australia Sydney, Melbourne, Adelaide, Brisbane < Europe All ports including UK 'M. Bolderoe Vl9 (T/S) 16/3 Auckland, Bluff, Port Andersoe V2O (T/S) 10/4 Chalmers, Nopier, Tauronga, Lyttleton, Timaru Also calling Hong Kong, Taiwan Japan GARWARE V 5 5 SHIPPING CORPN. LTD. FOB MUSCAT.296 words
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Advertisement236 1981-03-06 20 m OCEAN LINES REGULAR NON CONFERENCE SEIVRES mmmmm sa soma (Also accept** cargo for Riirta'Bo«r|* Coiwtaiua s«6f»c! to n^ctrnm) port f Manf Pw»n» load"* tw OCEAN DIAMOND V 10NB (Ml Ml S*/Mran*WUmsul Pln«a/>aMAJRMfc/ OCUN ME N .13MB .7 Apr OWED VESSELS SAGASIA PTE LTD. ILOUIS OMCVFW6 OnOUf> Of COa«*M«CSt HUH236 words
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Page 20 Miscellaneous
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Miscellaneous185 1981-03-06 20 JJmmm [rTTJ .1 V Regional Weather 1 i) MR 35 3c w «SMfc 35 <1? ss ■1 It SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJ«. THIS MORNING. LEGEND: t R, Thunderstorm Temperature °C Shower Weather Wiwl direction with speed in knots fUin Wave height Cloudy Sky Barfaee winds are185 words
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