The Business Times, 14 April 1981

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, APRIL 14,1551 60 CENTS
    10 words
  • BRIEFLY...
    • 77 1 Reuter LONDON, Mon. Gold continued to ease through the day, closing at U*****.00/472.00 a troy ounce, around $6 down on the opening and its lowest level since early March. Prices declined steadily to $475.50 at the morning fix and further to $473.75 at the afternoon fixing. Dealers
      Reuter  -  77 words
    • 51 1 JAKARTA, Mon. Indonesia's total exports for 1980 reached US$2l billion, the highest figure in the past fifteen years, Finance Minister Ali Wardhana said today. The major foreign currency earner was the oil sector which brought $15 billion from oil and gas sales, while the non-oil sector reached $6
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    • 56 1 Reuter JOHANNESBURG, Mon. South African platinum producers said they are not planning a price cut in response to the continuing fall in the free market price of platinum. They said the lower prices reflect speculative influences and temporary weak demand for platinum from traditional buyers and are expected
      Reuter  -  56 words
    • 58 1 Reuter JAKARTA, Mon. Executives of the state electric corporations of Asean began a two-day meeting today to discuss ways of enhancing energy cooperation between the five member countries. The meeting is a follow-up of the energy ministers meeting in Bali last October and is preparatory to a further
      Reuter  -  58 words
    • 64 1 Reuter NEW DELHI, Mon. India is seeking to attract Arab petro-dollars for an alumina factory and other industrial projects to be set up in the country's western state of Maharashtra, said state chief minister A R Antulay. He said an official delegation will visit Kuwait, the United Arab
      Reuter  -  64 words
    • 76 1 UPI BERLIN, Mon. Terrorists supporting jailed leftist extremists halted a US troop train in West Germany by throwing a cable across the tracks and causing a short-circuit, authorities said today. In a weekend of youth unrest, supporters of jailed members of the extreme-left Red Army Faction, also
      UPI  -  76 words
    • 68 1 Reuter KUALA LUMPUR, Mon. Britain has offered to play host to a third conference of foreign ministers of the European Economic Community and the Association of South-east Asian Nations, its new high commissioner to Malaysia William Bentley said today. Britain hopes such a meeting could be held during
      Reuter  -  68 words
    • 33 1 JAKARTA, MON. Fourteen persons were reported dead and about 100 others remain in hospital from a cholera outbreak in the west Java regency of Bandung, Antara news agency reported today.
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  • Chief Price Changes
    • 131 1 Rises Indices F E Levingston 1300 160 Apr 10 Apr 13 B.T.Indicator: *****.*****28.72 Leong Huat Allied Choc Sea View 540 280 900 150 60 50 Industrials: Finance: 821.78 819.28 1646.94 1645.38 Spore Fodder 270 46 Hotels: 1311.29 1311.67 Oriental Hldgs 915 45 Properties: 817.24 814.54 Mega Chem 382 44
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    • Article, Illustration
      152 1 Rises Indices Oriental 1010 50 Apr 10 Apr 13 Kesang 250 44 B.T.lndex: *****4.17 *****4.73 M Flour 366 40 Industrials: *****2 1048.96 M Text 660 40 Finance: 1581.45 1589.77 A Choc 260 35 Hotels: 496.88 497.58 Keck Seng 625 35 Properties: 1069.65 1066.73 Palm co 470 34 Tins:
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  • 575 1  -  ECIC TO 'REVIEW' SCHEME By CHRIS LIM THE Export Credit Insurance Corporation (ECIC) of Singapore has suspended the financing of locallybuilt oil rigs and offshore drilling tenders from the export finance scheme. The fixed-rate financing, which is comparable to those in other major rigbuilding countries,
    575 words
  • 297 1 THE Government continues to hold open the doors to foreign law firms, but appears to have decided that they should only be allowed in on an offshore basis. The latest firm to be let in is Baker McKenzie, reputedly the largest law firm in
    297 words
  • 422 1  -  By HSUNG BEE HWA INTRACO, the government-backed trading company, will soon sign a trade cooperation agreement with another Chinese province. The agreement this time is with the government of Fujian province. In January, Intraco initialled a trade pact with the authorities of Guangdong province.
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  • 424 1 A SHARP drop in demand deposits sent money supply (Ml) figures down by a hefty $445 million to $6.2 billion in February, representing the largest decline in at least five years. The Monetary Authority of Singapore said in its latest monthly report that the demand deposit
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  • 283 1 TRADING In the shares of Palme* Holdings, a Malaysia* company involved fa refining and manufacturing palm oil products, begins today at the Stock Exchange of Singapore (SES). SES yesterday announced that Palme* had been admitted to the official list of the exchange
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  • 810 1  -  By FONG MEW LENG RENTAIiS for prime office space in Singapore rose by as much as 40 per cent in the last three months. The current shortage of space has raised rentals and sale prices beyond the expectations of many and will likely
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  • Page 1 Advertisements
    • 41 1 DEVELOP THE READING HABIT VISIT STimes Bookshops Timn Orchard taivr Ro6mm,<i i iohm Ditto'» LOCK* •ST«CIAi.«STS ClUTdf HA2A i>««4 MaM T« ***** M *c*3 T 13**0** s~w>~ »n •CUMO*I> ciNTftf •HO»INA HOUSE T* 7»»»• 9»3? SheMenWevTw 2 ?00— See back page
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    • 69 1 long game by grvrig iron-tiKe control to your drives and (airway game Heads are investment-cast metal alloy integrated with the finest hardwood obtainable Each of these distinctive clubs carries a handsome 10 emblem So don tbe bashful Let Lynx introduce you to a real 10 that loves to swing lynx-
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    • 81 1 MIDS SHIPPING TIMES THIRD World countries take DECLINING oil demand in the common stand on MFA............. 2 United States 7 'BIG FIVE' finance ministers BANKS in Asia-Pacific region hold secret meeting 3 poses problems 8 BANKS still handle lion's share RIGHTS and bonus issues from of Opec's surpluses S Sigma
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    • 31 1 j The Singapore's Straits Business Times World DIRECTORY at your Qf Fingertips j Singapore (Buku Merah) BALLY accessones m, tfV ~W& at ft -'r»r><h m y. *SJ OTTT 111« [T c
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  • REGIONAL
    • 540 2 Reuter DELEGATES from South-east Asia and other garment-producing Third World countries have agreed to work seriously for a common front to obtain a better deal from industrialised nations in a new Multi-Fibre Arrangement (MFA). M Diplomatic sources in Jakarta said decisions of principle were
      Reuter  -  540 words
    • 145 2 AP CHINA welcomes foreign investors and joint ventures on a basis of equality and mutual benefit. Mr Quin Ling, the Chinese ambassador to the United Nations, assured that China "will fully guarantee the legitimate interests of foreign investors." He said this when speaking to
      AP  -  145 words
    • 463 2 Reuter JAPAN managed to cut its trade deficit by more than half in the financial year that ended March 31, the Japanese Finance Ministry reported yesterday. A strong export performance helped slice the deficit to US$5.9 billion from $13.45 billion the year before. The ministry said
      Reuter  -  463 words
    • 283 2 Reuter A RECORD number of Japanese companies went bankrupt in fiscal 1980 with debts totalling US$l3.7 billion mainly because of poor business conditions at home and abroad. The Tokyo Commerce and Industry Research Company said yesterday there were 18,212 business failures in the financial
      Reuter  -  283 words
    • 288 2 Agencies THE Orient Leasing Company of Japan has set up a joint venture with China for leasing imported machinery and equipment to Chinese enterprises. The Joint company, China Orient Leasing Company, is the first leasing enterprise in China and capitalised at US$3 million, 50 per cent of which
      Agencies  -  288 words
    • 145 2 Reuter COMPANIES tapping the Philippine central bank's new assistance fund will have to sell off subsidiaries which are not doing well or are unrelated to their main line of business. The bank's governor, Mr Jaime Laya, said companies will also have to consolidate other
      Reuter  -  145 words
    • 754 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0040 JFK/SFO/HKG MAS MH601 0630 KUL MAS MH680 0645 KCH CARGO CV796 0715 LUX/DXB SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI427 0930 BWN MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP
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  • Page 2 Advertisements
    • 194 2 YOU KEEP US AHEAD <— m 1T: m I J m m J 2% m m m 21 V, J Mzm m*M m '/a I J V////. J <+ w. wm r i f r W/7A 7. WA Q 31 0 o r f V/?/. m m, m r/s m.
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  • OVERSEAS
    • 296 3 AFP CALM returned yesterday morning to the devastated south London borough of Brixton, where a weekend of riots has left streets looking like a battlefield. Three terrifying nights of clashes between strong police squads and youths, blacks and whites, resulted in more than 200 injured police
      AFP; Source: AP photo  -  296 words
    • 399 3 UPI THERE is deep division in the US Senate over a proposed arms deal with Saudi Arabia. Republican Senator Paul Laxalt said on Sunday that the proposed deal will be killed if sophisticated Awacs aircraft are included. "There is
      UPI  -  399 words
    • 193 3 UPI THE election campaign for Quebec's provincial government ended on Sunday with polls showing separatist Premier Rene Levesque favoured to win over Liberal Party leader Claude Ryan. "I think there is a surge of confidence in us throughout Quebec," Mr Levesque, 58, said on
      UPI  -  193 words
    • 475 3 Reuter FINANCE Ministers of the "Big Five" top non-commu-nist nations held a secret meeting in London on Sunday amid anxiety over high interest rates and trade friction which some feel is hampering international economic cooperation. There was no official announcement, but informed sources
      Reuter  -  475 words
    • 171 3 Reuter A non-profit American research organisation, whose board Includes representatives of some of the Largest Industries in the (Jalted States, has urged the US to develop aa International economic policy to break the monopoly power of the Organisation of Petrolenm Exporting Conn
      Reuter  -  171 words
    • 330 3 Reuter AP THE Polish free trade union Solidarity has absorbed the shock of temporarily losing its right to strike with a mixture of suspicion, anger and defiance. The two-month ban on strikes ordered by the Sejm (Parliament) has thrown the mass labour
      Reuter; AP  -  330 words
  • Page 3 Advertisements
    • 111 3 Your New Telephone SecretaryolßON COMPUTER DIALER An ingenious micro-computer device that computes, stores and dial up to 20 important phone numbers automatically all at a single touch of a button. And redials till you are connected, if line is busy. Also, a built-in 12 digit calculator and digital clock with
      111 words
    • 213 3 A/ft*?* ''ft"; <£,4? o** «g( Rick found a cheque book was very useful to buy things when he wasn't carrying sufficient cash. It was also a very convenient way to pay bills. But being good with figures he also realised that a current account doesn't pay interest. However, one bank
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  • RAW MATERIALS
    • 689 4 Reuter NO EARLY end is in sight for the slump in world commodity prices that has reduced the earnings of Third World producing countries and squeezed their finances. Prices for cocoa, tin and rubber have recently plunged to their lowest for
      Reuter  -  689 words
    • 345 4 IN Singapore, rubber prices ended the morning slightly lower, with May 1 RSS buyers quoted at 245.50 cents per kilo, down 1.50 cents from last Friday's close. Opening prices were marked down slightly at the outset, despite steadier London advices, and thereafter fluctuated around opening levels. Rubber prices closed
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    • 375 4 RAS prices in cents per kilo yesterday. Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R.S.S. prompt fob 240 50 241.50N ***** 242 OON Int 1 R.S.S. May 245 SO 246 00 246 00 246 50 Int 1 R.S.S. June 250 00 ***** 250.50
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    • 123 4 NOON SSR ai id SMR pncss yesterday RAS SSR 20 SSR SO (1 too pallet' (1 too pal let 1 May (Current Mlh) Bayers Sellers 226.00 228.00N ***** 225.00N Juae (Forward Mtk) Buyers S«llers 228.00 230.00N 225 00 2J700N MBELB May Juae SMRCV SMRL SMR 5 SMRGP
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    • 101 4 THE STRAITS tin price in Penang yesterday held steady at MS3I.S6 a kilo but fell 35 cents on Saturday from Friday, towards the bottom of the $3t.tl to $32.14 International Tin Agreement's middle range price, dealers said. The main factor was the failure of consumers and producers to
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    • 32 4 Rubber: April 13 Singapore: May: 246.00 cents (down 1.00 cent) Malaysia: May: 267.00 cents (down 0.50 cent) Tin: M $30.60 per kilo (unchanged) Official offering: 147 tonnes (down 13.3 tonnes)
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    • 128 4 Reuter INDIA'S Rubber Board an nounced a cash subsidy of 5,000 rupees to rubber growers owning up to 20 hectares and 3,000 rupees to those having more than 20 hectares, in a bid to boost rubber production, Minister of State for Commerce, Khurshid Alam Khan,
      Reuter  -  128 words
    • 147 4 CHINESE Produce Exchange, Singapore, noon dosing prices per lit kg yesterday. Cocoon! oU: Bulk fob $115 00 sellers, old drum (in second hand drum) fob $128 00 sellers, new drum fob $134 00 sellers. Copra: Mixed (loosel $62.00 buyers. Pepper: Muntok white pepper fob Asia NLW $412 50
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    • 154 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cotton yam: China Blue Phoenix 20s 2.280. 32s 2.850. 40s 3,040 (per bale of 400 lbs). Pakistan raw cotton: LSS 5.92. 4F 5.90; 289F 6 00; NT roller ginned 6.00 (per lb). CLOTH
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    • 243 4 SINGAPORE: Yesterday s closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1 08. 100 per cent third class 1.05, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN A-super
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    • 681 4 COFFEE: Robusta futures yesterday ended a very quiet morning £3 to £4 a tonne higher with only three lots traded at the midday call, dealers said. Futures traded in a maximum range of £1 all morning with the May remaining at a slight discount to other traded months.
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    • 127 4 THE Kuala Lumpur market yesterday ruled steady on light covering in fairly active trading, dealers said. In April, the southern and northern regions were unchanged at MS96O and $985 a tonne respectively. In May, south gained $2.50 to $937.50 and in June, $5 to $925. The refined market
      127 words
  • ASIAN STOCKS
    • 579 4 TOKYO THE market average on the Tokyo Stock Exchange yesterday gained 6.11 to close at 7,536.96 after touching a record high 7,540.60 at the morning close in active trading, with volume 750 million shares, dealers said. Big capitals, such as shipbuildings, steels and heavy electric machines continued to
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    • 263 4 THE hike in US interest rates caused the market yesterday to open slightly lower than Friday's closing levels. Morning trading was dull but firm as all the early losses were wiped out. Afternoon trading saw the turnover quicken as the index dropped under persistent selling. Most shares closed at
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    • 351 4 INDUSTRIALS returned to favour on fears of another upward move in US interest rates weakened sentiment for resource issues, brokers said. The industrial index finished the day 1.2 points up at 750.1 to run counter to a 5.6 point fall in the All-Ordi-naries index to 726.3 and a 7.9
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    • 99 4 THE stock market yester- day closed mixed as tuni- over declined to 1.9 million pesos from 2.9 million on 4 Friday, dealers said. Oriental B and Phil Over- seas gained while Ist Phil Holdings fell. APR 13 1 PMM AcoJt Mknlnc M* uncb Baguto Ootd Bcnruet Ooo BTOocdrteb a
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    • 24 4 H.K.HANG SENG ■a* Friday 135fi.06 ■m AUSTRALIAN INDUSTRIALS ■m Friday 148.0 Week Ago 743.1 ALL ORDINARIES m Friday 731.9 Week Ago 737.3
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  • Page 4 Advertisements
    • 205 4 OUR LIST OF CLIENTS IS AS LONG AS YOUR ARM ...AND GROWING. jlr if IHi i in WITH THE AFTER SALES BACK-UP TO KEEP THEM ALL SATISFIED. Whenever you need a copier that's a little more versatile and a whole lot more efficient U-ffoc has it in its range. Our
      205 words
    • 13 4 FURNITURE Ail H Touch of Class LUXURY INTERIORS PTE. LTD. 321. Plaza Singapura
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  • TRADE AND INDUSTRY
    • 295 5 A NEW method of packaging natural rubber developed by Goodyear is reducing shipping costs and saving timber. "It used to take about 75 kilo of wood to ship a tonne of natural rubber in a traditional wooden crate," said James Walsh, a Goodyear purchasing
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    • 319 5 THE following have been elected to the governing council of the Singapore Institute of Management: Brian Chug, chairman and managing director of Promet; William Chee Fook Onn, chief manager (establishment and branches) of Overseas Union Bank; Ckn Chal Lam, director/secretary of NCR Singapore; Richard K M Eh,
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    • 274 5  -  By JUNE LIM THE paper division of Thoresen and Co (Singapore) is expanding its operations in the Far East. The expansion follows a survey carried out by a Norwegian official of the company in 1978. The area manager of the division, Borre Langum, who is specially
      274 words
    • 643 5 SEMINARS AND COURSES Apr 1-16: Seminar on Self-Paced Competency-based Skills Training, Regional Language Centre, Vocational and Industrial Training Board Apr 6-29: Certificate in Production Management Module n Work Measurement and Incentive Schemes, NPB Cuppage Centre, National Productivity Board Apr 6-29: Plastic Materials and Additives, NPB Cuppage Centre, National
      643 words
    • 239 5 UNIVERSITY and technical college courses on quality control should include more instruction on quality control management. This was suggested by Singapore participants at the seminar, 'Introduction of Industrial Quality Control Practices under Asian Conditions' which ended on Friday. Ng Jui Keng of the Singapore
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    • 452 5 THERE is an urgent need for Singapore paint makers to raise automation in paint production in order to meet the demand for more and better paints. At Berger Paints, there is a constant review of such changing demands, said Ken Kiilian, general manager of the company. As
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    • 220 5 AS LA TEX 81, the textile and sewing machinery and materials exhibition, has attracted the participation of government departments and trade associations from six countries. Manufacturers from Czechoslovakia, East Germany, Hungary, India, Taiwan and Russia will display their equipment under their national pavilions. Besides these official representations, the
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    • 203 5 THE management department of a property consultancy is riding the crest of a buoyant property market. The portfolio of the department has increased by 400 per cent over last year, said Wan Fook Kong, director of Jones Lang Wootton. To cope with the
      203 words
  • Page 5 Advertisements
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    • 25 5 this sign means MORE! An immaculate carmore polish, more accessories, more back up service! Our sign means more, our service proves it. B7W Phone: *****30/*****24/*****7
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  • 403 6 THE SKILLS Development Council's decision to reverse its policy of endorsing an assortment of short training courses must be welcomed. It was an ill-conceived policy, smacking strongly of a plan hastily drawn up in an effort to put to good use the mountain of money
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  • 240 6 THE PHENOMENAL rise in property prices has rivetted the attention and affected the lives of many, either directly or indirectly. Property owners gloat over their good fortune while the less fortunate scramble for whatever they can lay their hands on. Single applicants I for
    240 words
  • 994 6  -  By DAVID MARSH FT FEW TOPICS during the last two years have so many bankers and government officials reaching for the hair tincture bottles as the issue of recycling the oil exporters' surpluses. Looking back on 1960, though, the task of channelling the US$llO billion
    FT  -  994 words
  • 1130 6  -  The Bahamas have for a long time relied on banking and tourism to develop their infrastructure, reports PAUL BETTS. But the offshore banking industry has new challenges, while the islands face increasing economic and social problems. PAUL BETTS FT "IST Besser in Den Bahamas". The
    FT  -  1,130 words
  • Page 6 Miscellaneous
    • 671 6 CRYPTIC PUZZLE ACROSS °"3 A hand all red? (5) JT.B Norma's broken Italian (5) *10 True blend of alloy (5) 11 Talk somewhat gaspingly? (3) 12 How to be unoriginal! (5) J2 Triumphant figures on hills r (7) 15 Match girl (5) On the table, perhaps, it's not glossy (3)
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    • 13 6 Frank Dickeng i« 7Trm 9m GCDS LCl's HPvV(E. P> CV-VRNGe CF subjgct. 7T
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    • 738 6 Compulsive Communicator^ SERIOUB theagh It may be, life aa Earth at 11.1# pm aa O—l I to aa ealighteaiag pregramme. Taaight'a eaisede, eatltled The Cempaklve Cemmaaleaten, teaches m aa ar* resting aahjeet, a aakjeet wklek kas fired Baa's Imiriwtlw aiaee time ImUvee af the reptile family tealgkt'a series, eatltie?X wklek
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  • 514 7  -  7 Letter to the Editor k d EXPERTO CREDE Dear Sir, Your recent front page news item entitled "TwoPronged Attack on Property problems" was published on the Ist of April and must therefore be viewed with some reserve. Nevertheless the subject of the article
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  • 1323 7  -  Is there a oil glut in the United States? Why are oil companies reducing capacity? Analysts and economists differ in their views on these issues. But one thing is certain. There is a dramatic decline for petroleum products. That's why share prices of oil stocks are
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  • 919 7  -  By NICHOLAS MOORE Reuter BRITISH Petroleum, one of the world's biggest oil companies, foresees a day in the early 1990s when only half its business will be in oil and gas. In 10 years' time, says chairman Sir David Steel, the oil wells will have
    Reuter  -  919 words
  • 964 7  -  FORUM With TSANG SAU YIN THE Singapore Broadcasting Corporation is filming it. The Oral History Unit of the Ministry of Culture is taping it. The Tan Kah Kee trust fund committee is searching for it. The big "IT" these days is history not any history
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  • Page 7 Advertisements
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  • BANKING AND FINANCE
    • 278 8  -  By SIOW LI SEN THE FILIPINO presence in Singapore's banking community will be augmented later this year with the opening of two outlets. The Manila Banking Corporation, also called Manilabank, will be opening a merchant banking branch while Bancom will be setting up a representative office.
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    • 126 8 THE Kuwait-Asia Bank, designed to channel petrodollars into the Far East, has applied for a licence to open a merchant bank in Singapore. Chairman Salah AlMarzook said the bank will apply for similar permission in Hongkong. The bank, founded mainly by Kuwaiti companies, plans
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    • 186 8 Reuter THE MONETARY Affairs Committee of Japan's ruling Liberal Democratic Party (LDP) has asked the Finance Ministry to modify its draft bill amending the 1927 banking law before it goes for parliamentary approval. Main points in the LDP request include reducing the Finance Minister's powers for
      Reuter  -  186 words
    • 346 8 Reuter THE INTER-AMERICAN Development Bank last week pleaded for more foreign finance for Latin America's development despite its chronic debts. Bank president Antonio Ortiz Mena painted a daunting picture of the problems which Latin America must overcome in the 1980s to defend and improve its present
      Reuter  -  346 words
    • 230 8 THE BANK of Japan has completed plans for a new lending system under which it can supply loans to commercial banks at a rate higher than official discount rate to prevent market disturbances due to interest rate differentials between Japan and other countries. The bank is thus ready
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    • 150 8 DEPOSIT taking companies (DTCS) currently registered la Hongkong will have to step taking short term deposits »f less than three months tensr fr• m 24 months after the Depanlt Taking Companies (Amendment) BUI is pnoMd. The DTCS will be allowed to enntlnne normal activities for one
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    • 78 8 NEW COMPANIES laveataad iwvtee with gavernmeat prtorfty will be entitled to sabstaattol tax baUdaya aader a aew raUag •f the Capital laveatmeat Caardlaattag Beard. The relief far ap to six yean will he a valla hie to bath faniga aad dameatlc laveaton la ladastrtos that eaa abaarb a
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    • 810 8 THE LEADING foreign banks in the Asia-Pacific region since the 1960s pose a number of problems for the monetary authorities of the host countries. Mr Thomas Welsh, chairman of the Association of Banks in Hongkong, told the Assembly multinational banking and financial institutions have conferred both
      810 words
    • 799 8 THE BANK of Japan views the internationalisation of the yen as "a natural and Inevitable outcome of evolutionary processes in the market." While it cannot stop these processes, the central bank does not want to accelerate greater international use of the yen
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    • 367 8 INCREASE ASIAN SERVICES THE ASIAN dollar market should develop services that cater to personal banking requirements such as portfolio and gold investment services, and trust banking if it is to move ahead. In addition, the market should diversify into such fields as correspondent banking for Aaean and other countries, a
      367 words
  • MONEY AND EXCHANGES
    • 22 8 THE average rate at which major Singapore banha are currently prepared to lend to their best customers is 13.23 per cent.
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    • 183 8 ASIAN RATES ASIAN currency deposit interbank rates as at close on Apr 13. U8 MUiKSfot) Offer U 7 day* 16 9/10 167/16 1 month 17V* 17H 2 months 16V« 16H 3 months 1613/*****1/16 6 months 16*« 16M 9 months 15 15/16 15 13/16 12 months 15S/16 1513/16 8w.fr*. Das. /MLAJL.
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    • 45 8 RANGE of price» offered by discount houses on Apr 13: Overnight '/**u>6*«* Call deposits »"»9 to T<t* CM* BayiM Sctttaf 3-month Treasury bills 6 1 6H 3-month Bank bills 8 •*< 3 months CD 913/16 911/16 6 months CD 103/16 101/16 Source: National Discount Company
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    • 484 8 THE US closed generally firmer against major currencies in thin late trading yesterday, dealers said. They said the dollar's rise was due to firmer Eurodollar deposit rates prompted by news late Friday of a larger-than-ex-pected increase in the US weekly money supply figures. It finned to a late
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    • 279 8 SINGAPORE gold prices yesterday closed generally easier on local and European selling in light trading, dealers said. They attributed the decline to news of a larger-than-expected rise in US money supply figures, which could lead to higher US interest rates. Total sales for the day was recorded at 119
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    • 35 8 New York —B UJ7B -S 11.5TS Zurich -B 11.SOB -S uw M Singapore Mm -B r n UJ5 -S lies Closing prk in US dollars a troy ounc s. Source: Credit Suisse, S'pore
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    • 191 8 THE US dollar yesterday remained generally firm against major currencies in quiet late trading, dealers said. Some profit-taking from Europe tended to dampen the dollar's progress after a firm morning, but sentiment still appeared bullish for the US unit on interest rate factors. The market became cautious in the
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    • 116 8 THE dollar for overnight delivery yesterday closed firmer at 216.60 yen, compared with a 215.50 opening here, a 215.30/50 close in New York, 215.15/25 on the West Coast and 214.55 here on Friday, dealers said. Trading was moderate, with volume US$957 million. The dollar rose to close at the
      116 words
    • 55 8 Opening quotes yesterday US 2.1578/88 Can 2.5666/714 Cross 1.1891 94 D Mk 4 6950 7025 D F1 5.1625/700 S FY 4.2825 900 B FY (con) 78.32/44 F FY *****5/525 Ut 2337 00/2344.00 Yen 468.29 469 48 0 Kr 14.6225 '525 N Kr 11.8800 950 S Kr -10.1700/825 Aus 9Ch
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  • Page 8 Advertisements
    • 116 8 b K m 4 TiartalSupder Club MarcppO—l April 18 The Sophisticates. Three dazzling black beauties from (J.S.A. An instant success wherever they go, they are a rare combination of talent, showmanship and versatility. They will mesmerise you with their scintillating rendition of rock, pops and rhythm and blues. Watch them
      116 words

  • 2131 9 BID and offer prices officially listed 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 A COMMERCIAL Allied Choc (2
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  • 179 9 SINGAPORE UNIT TRUST OUB-MONTAGl' (M>M|WI' prices The Commerce tar Aar 14) 3.M 4 00 Union Soore Fund tar Aar 1 63* d 14) lttsd The Saving* Fund 210 2.21xd INCOME BOND UNIT S pore Prog Fund 159 1ST (Carres t p Income Bond ieea) 1 32* S pare
    179 words
  • 2709 9 1M1 Bi(k Low Coapuj 11 orGr*« Div Div CVrr Gr*s YTd Nat P/B Vol Day (*000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 360 280 290 420 184 940 550 430 320 Acma Alcom 138 Allied Choc 161 BAT 330 Bata 110 Ben Berjaya Kawat 650 Bo us
    2,709 words
  • 1974 9 BID and offer prices officially listed and business in and rer parted 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 kfrnrnm (3.328) (1) 3JO call Atom (5) 2 98 (1)
    1,974 words
  • 677 9 SPECULATORS centtaaed to pamper the lewer-Uaers at the Stock Exchange of Slagaptrf yesterday, while Mae chips tried ia vala to catch Investors' atteattoa. Leoag Huat, Amcol, Dah Yang, Allied Chocolate, Mega Chemicals, UPP i«| Sigma were heart-throbbers sf the day. Blse chips suffered another reand sf
    677 words
  • 626 9 SHARE prices closed slightly steadier at the Kuala Lumpur Stock Exchange yesterday, supported largely by interest in industrial lower-liners. This selective trend, carried over from last week, persisted yesterday with traders generally avoiding blue chips. Opening levels were dealt steadier but this drew out profit-takers
    626 words

  • INTERNATIONAL STOCKS
    • 183 10 Reuter THE International Business Corporation (IBM) has reported a 7.2 per cent rise in first-quarter profits from the 1960 quarter. Profits from worldwide operations came to US$73O million on revenues of $6.46 billion in the three months ended March 31. In the 1980 quarter, profits
      Reuter  -  183 words
    • 83 10 SHAREHOLDERS of the 20th Century-Eox Film Corporation are expected to approve at a June meeting the planned merger with a company owned by US oil billionaire Marvin Davis. Fox board last week voted unanimously in favour of the CS$BOO million takeover byMr Davis. Under the planned merger,
      83 words
    • 125 10 NIPPON MINING plans to increase capital spending in liscal 19X1 to 3£ billion yen Irom an estimated 21 biliion last year. The major non-ferrous metal smelter said capital spending will concentrate mainly on improving and expanding copper and ferronickel production facilities at its Saganoseki works. It
      125 words
    • 231 10 Reuter BASF AG has recorded an increase in new orders in the current year, but no improvement in the overall position is in sight. It reported a decline in 1980 profits before tax of just over 25 per cent for the group at 1.27 billion marks
      Reuter  -  231 words
    • 231 10 Reuter THE NATIONAL Bourse Commission. Consob. is planning a major revision of company listings on Italian stock markets. Commission president Guido Rossi, urging the need for more publicly quoted companies, said some suitably qualified companies had never applied for listing. Others, now listed, were so tightly held or
      Reuter  -  231 words
    • 142 10 DUNLOP Olympic has announced a two-for-nine share issue to raise A 542.8 million and agreement on a $56.2 million deal to buy the remaining 50 per cent of Olex Cables from Nylex Corp. A spokesman said the issue of 50 cent ordinary shares would be made at
      142 words
    • 89 10 AUSTRALIAN Consolidated Industries <ACI) now holds 82.3 per cent of Acmil Lid's ordinary shares and K4 .9 per cent of its convertible unsecured notes The ACI takeover offer, agreed by Acmil on Jan 20. comprised AJ1.38 for each of Acmil's 133 11 million 2o cent ordinaries or
      89 words
    • 35 10 AMERICAN Telephone and Telegraph has filed tariffs with the Federal Communications Commission that would raise rates for interstate telephone services by 16 per cent and produce about US$l.4 billion in additional annual revenues.
      35 words
  • Page 10 Advertisements
    • 550 10 "The American Express Card serves you well, wherever good food is served" Business Tip The Mirabel le Executive Lunch Enjoy a superb 3-course lunch served at your requested time. So there's time to talk business and make your next appointment. You'll eat like a gourmet enjoying starters such as Waldorf
      550 words
    • 229 10 See Page 4 for Asian stocks Y-f-t 1 V The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear with "The Zodiac" Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome 1
      229 words

  • COMPANY NEWS
    • 445 11 FOLLOWING an improved second half, feedmill group Gold Coin reported an 8.6 per cent increase in pre-tax profit to $10.4 million for the financial year ended Dec 31, 1980. Although no reasons were given for the better performance, Gold Coin's results were mainly
      445 words
    • 569 11 MR YONG Pung How resigned as a director of Sime -Darby with effect from ;March 31. He is on second♦ment to the Singapore Government Investment Corporation. IMR KWEK Leng Joo was •appointed an additional "director of Klag's Hotel on April 3. OVERSEAS Union Bank has the Stock Exchange
      569 words
    • 952 11  -  By THE CITY STAFF FAR EAST-Levingston Shipbuilding (FELS) is looking forward to increasing profits from rig-building in the next few years. The company made an inspiring turnaround in the second half of last year after two years of losses, and now has its orders book
      952 words
    • 464 11 BOVIS (SEA) expects to make a profit of $10 to $15 million from the uncompleted Belmont Centre when the building is completed (after allowing for cost escalation and other factors). The forecast was made by Bovis SEA in reply to queries from the Kuala
      464 words
    • 432 11  -  By Koh Tae Ying ELECTRONIC game machines rather than "onearmed bandits" will soon find their way to Apollo Sentosa. Contrary to market rumours that Apollo Enterprises has obtained a licence to set up a casino on Sentosa, the company is currently negotiating with several British
      432 words
    • 543 11 mm*** HOCK LOCK SIEW TO SAY that a share price is moving up "in keeping with the trend prevailing in the stock market" while board writers are frantically recording business done from $3.94 to $5.40 in one day doesn't make much sense. The price upsurge in a counter
      HOCK LOCK SIEW  -  543 words
    • 36 11 AGM to be held at the Board Room of the Company, 28th Floor, UOB Building, No. 1 Bonham r i Street, Raffles Place, Singa- pore 0104 on April 25 at 12JO pm.
      36 words
    • 21 11 EOGM to be held at 4th floor, Keppel House, 11 Keppel Road, Singapore, on April 16 at 10.% am.
      21 words
    • 23 11 AGM to be held at No 31 Shipyard Road, Jurong Town, Singapore, on April 20 at 1.30 pm.
      23 words
    • 24 11 AGM to be held at Carlsberg Brewery Malaysia Berhad, Ladang Perusahaan Shah Alam, Selangor on April 23 at 11.30 am.
      24 words
    • 24 11 AGM to be held at 10th floor. Komplek Kewangan, Jalan Raja Chulan, Kuala Lumpur on April 23 at noon.
      24 words
    • 25 11 AGM to be held at 4th Floor, Wisma Perdana, Jalan Dungun, Damansara Heights, Kuala Lumpur on April 24 at 11 am.
      25 words
    • 36 11 AGM to be held qit the Board Room of United Overseas Bank, 28th Floor, J UOB Building, No. 1 Bon- ham Street, Raffles Place, Singapore 0104 on April 25 at 11.00 am.
      36 words
    • 39 11 UNITED Overseas Insur- ance Limited AGM to be held at the Board Room o< United Overseas Bank, 28th I Floor, UOB Building, No. 1 J Bonham Street, Raffles 2 Place, Singapore 0104 on "5 April 25 at 10.30 an.
      39 words
  • Page 11 Advertisements
    • 60 11 Don't Miss PH taaca™^!] Southeast Asia 3rd International Exhibition of Materials Handling and Physical Distribution Equipment CONPEX-ASIA '81 S E Asia 3rd International Construction Equipment Public Works Exhibition 16-20 June 1981 World Trade Centre Singapore Organizers: INTERFAMA PTE LTD. 834, Bth Floor. World Trade Centre. Maritime Square. Singapore 0409 Tel
      60 words
    • 177 11 £s?* HQteiLi 1 £a» ««>* these names are totally different but they have one thing in common... they chose f/vAx The MITSUBISHI family of forklifts. Designed to move goods to where you want them. Very mobile. Very versatile Powerful, rugged machines that obey your every command—to handle everything from pouring
      177 words

  • 321 12 THE TURNAROUND in Sigma Metal's fortunes has, as predicted, prompted the company to increase its equity base with a rights issue of 1-for-l at $1 each. The company is also proposing a bonus issue of l-for-5. Sigma's generosity is in keeping with its much
    321 words
  • 133 12 SINGAPORE has concluded a trade agreement with Kuwait. The agreement was signed in Kuwait yesterday by Minister of Trade and Industry Goh Chok Tong and the Kuwaiti Minister of Commerce and Industry, Mr Jassim Al-Marzouk. The objective of the agreement, which provides for both
    133 words
  • 369 12 GOLD BELOW US$4BO Reuter THE DOLLAR climbed sharply while gold plunged yesterday because of the upward trend of US interest rates. Dealers reported hectic trading as investors bought dollars, pushing the US unit up two pfennigs to above 2.17 against the deutschemark and similar amounts against
    Reuter  -  369 words
  • 396 12 GOLD is forecast to move within a range of US$3BO to $600 a troy ounce next year. This $220 trading range forecast was made yesterday by the dealing director of a local bullion house, Ong Bullion Private Ltd, Mr Frankie Tan. Mr Tan
    396 words
  • 188 12 UPI ASTRONAUTS John Young and Robert Crippen began their second day in orbit yesterday aboard the the 107-tonne spacecraft Columbia which was reported working "like a champ" on its initial test flight. The spacecraft returns to earth today, gliding to a wheels down landing
    UPI  -  188 words
  • 250 12 AFP CRITICISM mounted in Japan yesterday over the accidental sinking of a freighter by the US nuclear-powered submarine George Washington in the East China Sea last Thursday. There was also a growing suspicion in the press that the submarine was using the freighter Nissho
    AFP  -  250 words
  • 190 12 Reuter SYDNEY officials are investigating rumours that stock market "killings" worth millions of dollars were made because of a leak about problems in an alternative energy project. New South Wales Attorney-General Frank Walker told the State Parliament yesterday that a business watchdog body, the
    Reuter  -  190 words
  • 150 12 QATAR has denied reported threats to cut off crude oil exports to Japan unless Japanese traders pay a surcharge on the official selling price. Trade sources in Tokyo said last week that Qatar had threatened to stop supplies unless importers accepted a US$6.5O
    150 words
  • 147 12 UPI MILLIONS of public workers in Rome went on a 24hour strike yesterday to protest a government freeze on wage increases and airline pilots said they would begin a seven-day walkout today. The public workers on strike included firemen, teachers, nurses, paramedics, postal
    UPI  -  147 words
  • 873 12 LONDON. Mon Share prices closed around the day's lowest levels after opening weak today on news that broker Hedderwick. Stirling. Grumbar and Company had (ailed to meet their obligations. dealers said Trading throughout was subdued after the initial markdown. they added. At 3pm. the Financial Times index was
    873 words
  • 103 12 AP NEW YORK. Mon. The stock market lost ground this morning amid fresh concern over the US interest-rate outlook Losers outnumbered gainers by about 3 to 2 in the early tally of New York Stock Exchange-listed issues. The Dow Jones average of 30 industrials fell 6.84
    AP  -  103 words
  • Page 12 Advertisements
    • 207 12 r NOTICES NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 14th April, 1983 of: THE SUMITOMO BANK, LIMITED Ground Floor, DBS Building 6 Shenton Way. Singapore 0106 We hereby certify that the rate of interest payable on the above-mentioned Certificates of Deposit for the
      207 words
    • 1 12 Leader...page
      1 words
    • 274 12 The Axel Johnson Group supplies stainless steel that fights corrosion << i 1 nXB 9 3BHI ■Hn: If Above picture shows re-tubing with A VESTA 254 SMO of a condenser in a nuclear power plant in Finland. About 250 tubes (OD 28 X 1 mm) have replaced existing CuNi 70/30
      274 words
  • Page 12 Miscellaneous
    • 65 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in several places from late morning. Re part for 24 boars prior to 7.3* pm on April 13 at the airport. Maximum temperature 32.6 Associated humidity 67 Minimum temperature 23.7 Associated humidity 95 Hours of sunshine 7.00 Rainfall in
      65 words

  • SHIPPING TIMES
    • 191 13 Reuter CHINA is likely to be more prominent in world freight markets by chartering out its ships, while its own chartering requirements should be lower, reflecting reduced foreign trade, John Curtis, director of Mat heson and Co Ltd, said. Sinochart, which is responsible for China's allocation
      Reuter  -  191 words
    • 580 13  -  NDA EYES MALAYSIAN MARKET By G DURAIRAJ The United Kingdom-based Noble Denton and Associates (NDA), ocean engineering consultants, which set up an overseas office in Kuala Lumpur over eight months ago, is bidding for a series of Petronas and Carigali offshore oil industry
      580 words
    • PORTSIDES
      • 78 13 A STRETCH of 20 metres on either side of the level crossing at Jurong Port Road will be closed to all traffice at certain times during the next two weekends to allow for repairs to be made to the railway tracks and resurfacing of the road.
        78 words
      • 133 13 AFP THE PHILIPPINES has now overtaken Greece as the top supplier of seafarers in the world. Filipino seamen on board 5,150 ocean-going vessels have now reached 58,000 exceeding the number of Greeks employed in the global merchant fleet by 5,000. This was stated by Mr Benjamin Tanedo,
        AFP  -  133 words
      • 91 13 THE South Korean government has decided to bring in 1.5 million tons of liquefied natural gas a year from Indonesia, beginning in 1985, with the volume to be doubled from 1987. An unloading terminal for LNG imports will be constructed next year for completion in 1985. It
        91 words
    • 691 13 Shipping Llae Plgt c«i Shipping Use Page CM Achipelego vn 1 Fargo vn 2 Adriatic VI 5 Fesco vn 4 5 Afea VI 3 Flotta Lauro V 5 Afro-Eurasia VI 2 Fortune VI 5 A1 Navigation VI 2 Franco-Bp lg m 4/5 Alltrans VI 5 Frata NVOC
      691 words
    • 368 14 GOVERNMENTS are being asked to consider using classification societies to overcome problems they may encounter in enforcing port state controls against substantial ships. The two main problems identified are the lack of skilled labour available to take on the surveys required and the difficulty of achieving uniform
      368 words
    • 929 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Family Ace 6A 11.4.81 Shofuku TA 3 TT Grigory Petrenko 6CE 11.4.81 0700 S'pore Soviet TA 4 VC Luise Leonhardt 15B/16B
      929 words
    • 1556 14 FREIGHT rates on Friday continued to ease where changed for North American grain chartering which was slightly more active, brokers said. Two vessels were secured for grain from the US Gulf to west coast Mexico at 127.75 for April and at $28.75 for April May compared with $30.50
      1,556 words
    • 463 15 OCEANIC Finance Corporation and Marine Midland Bank N A. London branch, have provided US$26 million to finance the acquisition of one of the world's largest ore oil carriers of 270,000 dwt. The vessel has been acquired by Turnberry Shipping Corp, S A, a company wholly controlled within
      463 words
    • 428 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Alma (0900) 46 Bunga Seta war (0600) 45A Cherry Manis (0700 28 Dicto (0600 after Strathmeigle) 42 43 Cherry Manis (0700 28 Dicto (0600 after Strathmeigle) 42 43 Jenson (after Kim Soon Li) 22 Jenson II (0700 after Cabana) 23 King Dragon
      428 words
    • Article, Illustration
      104 15 A HANDY guide to importing and exporting through the Port of Portland, Oregon, is available without charge. In concise and easy to read terms, the guide tells importers and exporters what responsibilities lie with the ocean carrier, shipper, customs broker or forwarder, inland'carrier and the Port. All required
      104 words
    • 197 15 THE AMERICAN Bureau of Shipping (ABS) has signed an agreement with the Register of Shipping of the People's Republic of China for reciprocal performance of classification and other services, such as assigning Load Lines. The agreement allows ABS's surveyors to be stationed in China to survey
      197 words
    • 801 15 OWNERS are cutting fuel costs with improved fuel consumption from diesel engines burning low-grade fuel oils, improved propulsive efficiency, better preservation of underwater surfaces and the '•tailoring" of ship size and design to the vessel's cargo and route requirements. Hongkong shipowner Mr
      801 words
    • 1730 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      1,730 words
    • 188 20 OPENING a new chapter in the history of Indian shipping, the state-owned Shipping Corp of India and the privately-owned Scindia Steam Navigation Co and India Steamship Co, members of the India Pakistan' Bangladesh, UK, Continent Conference, have formed a new national container consortium called India
      188 words
    • 69 20 Virginia will build and operate the largest coal export terminal in the world. The .state's general assembly has approved plans for the facility to be built on the Elizabeth River in Portsmouth, at an estimated cost of US$2OO million. The project will probably not
      69 words
    • 539 20 BRAZIL will be a growing presence on the market for chartered vessels this year despite considerable talk of reducing foreign exchange. Ship charters represented a drain of $974.4 million on the Brazilian economy last year, more than 10 per cent of the $9.6 billion paid
      539 words
    • 645 20 A DAMAGED supertanker, leaking fuel oil from a tank in its bow, neared an anchorage off Port Elizabeth on Sunday as maritime officials dispelled fears of any major pollution of South Africa's scenic Indian Ocean coastline. The 205,806-ton Energy Endurance, owned by Golden Peak Maritime of Hongkong
      645 words
  • Page 13 Advertisements
    • 489 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS SaePaga V I RI)l\I I \ll FULLY CONTAKMSED SERVICE TO EUROPE (VIA SUEZ) Mat LeHawe Adam Fstowe ffbwf Antwerp i Pert 2/5 3/5 5/5 7/5 10/5 8/4
      489 words
    • 250 13 iSEALORDB m UASC UNITED ARAB SHIPPING CO 'SAG) ARABIAN GULF EXPRESS MULTI PURPOSE SERVICES Loading tor W *«r FULLY CONTAINERISED SERVICE Irao carto acceptable intransit Dub« (3/5). Kuwait (5/5). Dhwmhi (8/5). Aba Dhabi (12/5). Doha (14/5), Bahrain (16/5) Dubai (13/5). K»w»t (15/5). Ommam (11/5). Abu Dhabi (20/5). Doha (22/5). Bahraw
      250 words
    • 17 13 m CONTAINER Schedules II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII
      17 words
    • 733 13 iV>vxsx\y.*ss\ TJ SIM wow: Business FOR PEOPLE WHO MATTER Times Pefoocats Put*ca*or MAERSK LINE EXPORT FULL CONTAINER SERVICES TO U3. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS rill ********** Philadelphia Jctt I ;I'M irrr* 20-21/4 27-2S/4 I ALBERT '4-11 ALVA MAERSK ARID MAERSK WMW9I S»ie<l 19-20/4 26-26/4 3-4/5 10-10/5 17-11/5
      733 words

  • Page 14 Advertisements
    • 913 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Contaner Service To Europe Feeder *PKelang Vessel Spore It Mse**. 2) Rdam 3) Hburg 4) Gbu B PfNAGA Sk) N DELFT In
      913 words
    • 328 14 BBS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA it/4 14/4 11/4 21/4 21/3 19/5 24/4 >4/4 25/4 »/4 21/4 2/1 *4/4 25/4 1/5* 2/5 4/5 < 7/1 5/4 3/1 2J/4 I J/5 I 5/5 1/5 10/5 U/5 13/5 17/4 *24/4 7/5 U/5 15/5 W/5 l»/5 21/5 19/4 17/4
      328 words

  • Page 15 Advertisements
    • 651 15 Overseas Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Cwbtanty Sarvteo Ta/Froai S'pn PRaMf EM Mm 20 Apr Beruttaa 2D V Harifkanf Eiprets 27 Apr 21 Apr HaaAart Eiprtu (Mm 4 May lirama Mm 12 May 14 May Mhm Eipreu II May
      651 words
    • 503 15 Franco Belgian Services fi, ,jr rt: 1 h > h l-' ri i, t COnSOSTiIm nm cowMoa* soma 10 mwbmui Spore P KeUi* Bk HARATA MMU IS Ap It Hp 21 FULL COMTMRStV SERVICE FROM HDITERRAHAN Sport P MUnf Btona Msedles Genoa Trieste IS Ap 1( Ap 21 Ap 1
      503 words

  • Page 16 Advertisements
    • 856 16 iv Hapag-Lloyd TO NORTH EUROPE ibt Maru Bcnatton Hon(ton( Eiprns MimOurf Etprtss Xicama Maru TO MEDtTERftANEA TO NORTH Ewort/iontumit*/ S pore p* Pen Biltao Genoa H burg B ha»en Rdam Antwerp Fflu Ibdunwi 1,5 10/5 16,6 14/6 11/6 9 6 8/i 11/5 8 6 2/6 18 6 16/6 13/6 116
      856 words
    • 646 16 KOREA SH S P K elanj PENANG S PORE GA 159W 18-21 April 22-25 April 27-30 April FROM BUSAHi BANGKOK EGA 160E 18-21 April 22-25 April 27-30 April TO BUSAN INCHON TAR 163W 18-22 May 23-26 May 28-31 May FROM BUSAN BANGKOK ITAIR 164E 18-22 May 23-26 May 28-31 May
      646 words
    • 558 16 p EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER, BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS ETC. WEST GERMANY HOLLAND AMSTERDAM Spare Md* M*ntw| Mtetdjm f *»«<••« L« E«.l»|. "/W "'J! IKE Ere. torafar 20/04 11/15 20/05 EredorH 5/05 10/05 27/05 29/05 31/05
      558 words
    • 859 16 Everett Lines 1 teg Burma Fivt Star Shippin« Corpn. "BURMESE NATIONAL LINE" LOADING FOR RANGOON Accept** carp l« HK and lapan Only S>n MTOIAniA"* 11/24 Apr ri M Mil Apr msmtnwm* 19/21 Apr HTOK TIM 11/»Apr BFS S C Aa«nfs m Mokiyvo BOUSTEAD SHIPPING TEL NOS KL *****2/*****9 A&-C1 Compama
      859 words
    • 441 16 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE 600*1 HfiDTS OCEAN 9*f«c i OnWWKPTI ITO SBKAPORE TO. *****44/7 I 22*1370 K uara m 4*4*444*475 i comwo boqkmc ocean a*rm nui-s coin wo r kuim ra. *347. «m/ 4 SUB ASEHTS t KELAMC EAST ISA SOTWC TP. 3M7g/3/725l
      441 words

  • Page 17 Advertisements
    • 991 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) VOY. I S'PORE I COLOMBO I HODEIDAH JEDDAH AQABA SW/6E I 10-11/5 16-17/5 24-24/5 26-26/5 28-28/5 7W/8E I 13-14/6 19-20/6 27-27/6 29-29/6 1-1/7 9W/10EI 17-18/7 23-24/7 31-31/7 2-2/8 4-4/8 Accepting LCL Cargo to Aqaba 2ND CALL COLOMBO
      991 words
    • 710 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TOFUROPF (1* Mam Bouttoa Hongkong (ifiiu Fiprrss Kwama Man Altmanu Fiprtss Kasuga Maru Png Ham B tuwfl R 44m 23/4 Hongkong Eiprtss 11'5 71/5 22 5 20/4 Himburi Fiprtss 27/5 29/5 30 5 4/5 Kurama Matu 5/6 7/6 0/6 FROM FUROPF H
      710 words
    • 678 17 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MEO/UK/NC/SCAN ?4 I V k P/ I t I 4/5 5/4 in I/O 2/0 «6 t/t 5 6 11/6 V si 1 Barcelona Onoa lafhwii 21 Ainslwdaai Antwerp Le Ma»'t 6*ttc Basle Ston (OPT) Lnerpool U CMi) islands 3 Bremen IdtoMiw Aartias
      678 words
    • 633 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION S. AFRICA STREAMBANK Spore: 3/4 Moy (loading direct for Durbon ond Capetown only) Lines U.S. WEST COAST SERVICE Ortd tiom SEO Lbch I STOW LESIE LYKES Sid Sid I 16/4 ASHLEY LYKES 19/4 16/4 25/5 tor SM* 1«c VBC 20/5 21/5 23/5 17/6
      633 words

  • Page 18 Advertisements
    • 1026 18 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA ETD feeder vessels* sp moi*r kssels tk furii Ace 06* 15/4 17/4 Yjmathai Mam 3,5 Beoi* Mm 7/5 jjojr 4/nbfOif 5 5 tod Bay 5 74/4 7i 4 *i»l Mara 14/5 Ih Gale Bridge 13/5 Nt« Tort Maru
      1,026 words
    • 581 18 /ie CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTRWER/REEFER SERVICE tu*| tor lOS AMIES. SAN FRiMCSCO SfATTU TACOMA VANCOUVER BC tcttpwt fa <FCI Imtmmn r net** S»*apo<» I Anr*i I FtMML" 3*l ««W «»t AUSTRALIA EXPRESS CONTAINER SERVICE Acc*rtt« Fa/Fa CaMimm "VOMtA MNTMK AcMptmi Fa/Fa u ls*dkx Ma*« Hjrcart. the ottw N
      581 words
    • 413 18 f S S A(>r»ui) SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH f LOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 lINE SI GENERAL *****1 114 L INES) TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6B A/B CARSMIP CABLE CARGOSMIP H..1.U1' 1 Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK SRCAPORF 16/17 Apr
      413 words
    • 602 18 KORINS MARITIME SERVICES "J Room 601 ICB Building Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4'*****5 MIDDLE EAST/REO SEA/EUROPE SERVICES UfISAM ,C LIIMES A mewifct' of the Saiwcl (rout (I Compaeiei LHER SERVICE FROM KOREA TAMAN HONG KONG TO SINGAPORE Inchon Bus in KtHuif HKonj Sport UN 19
      602 words
    • 721 18 INTRASEA (PTE) LTD. UJI Faber House 234E Orchard Road Singapore 9 TeleDhone *****Uf*****5? W\ jrOIASIA &IVK regular MKrasorT sot vice to europe S parc P. HeUof Penang LaaMtg 1» ARION MBIO4 In Pari Sited BOUOOt/l* (AWW) AMAMGTL ENDEAVOUR WlO5 21 Ap« TT^ M NOR ASIA WBIO9 3 Mar 7 Mar
      721 words

  • Page 19 Advertisements
    • 558 19 o TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia N JADE S pore Closing Times FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) 1700 15/4 0500 15/4 TO AND FROM AUSTRALIA: JAKARTA.™.. SINGAPORE PENANG P. KELANG. BRISBANE SYDNEY MELBOURNE BURNE ADELAIDE FREMANTLE Anro Temasek 9/5 3/5 5/5 6/5 18/5
      558 words
    • 290 19 MALDIVE LINES MALUM PROSES Loading Foe Kuwait MALDIVE HOUR Loading for Jeddah MALUM NOVEL Loading for Kuwait MALUM PEACE Loading For Kuwait malum arana Loading For Male Loading For Dubai/Kuwait MALUM UNTY Loading For Maie MALUM PROMOTER Loading for Kuwait ETA ETA KUANTAN PORT KELANG FOR BOONNGS 1 ENQURHES PLEASE
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    • 500 19 m sinsov SINGAPORE SOVTT SHPPMG CO PRIVATE LTD SMSOV BUUNNG 55, Market Street Snfaport 0104 TApimw Numbers *****3 (10 Lines) Cable Address SMSOV SMGAPORE Telex Numbers RS ***** RS ***** RS ***** p mint M/S SHMXAT NAN SOON »L M. IST AND 2ND FLOOR, NO 1. JALAN CEMPENNG. PORT RLANG,
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  • Page 20 Advertisements
    • 358 20 A ANTOLL LINES n..- u i. ooKDiM <vvniu;v mm r ifUHflNi; AHf I AlOf Dwet B I s to BRISBANE SYDNEY MFIB (GEftONG> ADEtAIDf Independent ELCL Container Conventional Liner Service Part Sfcifapor* Satatand SdDrott Sot Tifc Saialand Sol Pratt Mdb (Glonf) May 19 Dcvamrt May 17 SINGAPORE WTST MAIAYSIA I
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    • 373 20 SL WOOD LINE Timber and Plywood Service Bulk LOADING FOR NANTES/RDAM/TILBURY (Other UK destinations acceptable) Vessel Spore PKelang T. Aye GRAND GLOBE WL 003 27/4 23/4 30/4 WL 004 15/5 24/5 19/5 SIVER P«C Wl 005 25/6 15/6 20/6 General Agents:Wood Line (S) Pte. Ltd. Tel: *****11/*****93/*****42 K. Lumpur: SEGANI
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    • 339 20 ft JOHORE SHIPPING LY 161 lAI AN TENGI SflANl jKU BAOSR PORI Ml ANG StIANGOR MAI A /MA HAJ SHIPPING SDN. BERHAD Express Unrttoad Servce from P Hetong k East Malaysia Brunei (Accepting cargo tor palletising in LPK Gdn No: 3 (South Port) SBINTULU CONTRACTORS SDN. BERHAD 37. Paratacw Road.
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    • 344 20 Vest) NOK) BAT ft HMD STM V 3 Fully Containerised Service Tokyo Kobe S port P KiUn( Penang S pore Tokyo Kote 11/4 12/4 21/4 23/4 24/4 20/4 9/5 11/5 27/4 2t/4 li/5 12/5 13/5 15/5 21/5 25/5 BMtMd SMppnt *****4/*****5 iwinWl i brHNH KL ***** PJMa« <701 Hm Nki
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    • 50 20 NOTICE CARGO SPACE FOR JEODAH Space available for approximately 7000 metric tons of General Cargo or Timber/Plywood for JEDDAH. M.V. EASTERN ACADEMY expected commence loading Singapore on/or about 16TH APRIL. For Bookings please contact: GmmM Afwb MfMSt Shippi* Pt» LW Suite 704/706, Ocun M*«. CdhW 1 T«t *****3 (10 Um)
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  • Page 20 Miscellaneous
    • 150 20 I Regional Weather OZ 7*l °-v\ 03 m 01 1 3s h? -•<S r* c cTSIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots *2 w *v* height Cloudy Sky Sorfnee winds are ladiested by arrows
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