The Business Times, 6 October 1981
1981-10-06
1
28
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The Business Times
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Title Section10 1981-10-06 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, OCTOBER 1181 60 CENTS10 words
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385 1981-10-06 1 THE number of industrial accidents rose by 15.3 per cent last year, despite the growing emphasis given to industrial safety. The latest Ministry of Labour annual report shows that the number of accidents rose from 5,277 cases in 1979 to 6,087 in385 words
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277 1981-10-06 1 THE DEPARTMENT of Civil Aviation's operating revenue was more than 1111 million last year, up 23 per cent from the previous year. Operating expenditure, on the other hand, increased by a mere 4.9 per cent to reach $29.7 million. After taking into account non-operating revenue277 words
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Article642 1981-10-06 1 ALVIN TAY - By ALVIN TAY THE Monetary Authority of Singapore has given in-principle approval for several local banks and finance companies to open more than 20 branches in housing estates within the next 15 months. At least another 20 branches are still on the drawing boards. If642 words
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Article, Illustration568 1981-10-06 1 SALMA KHALIK - By SALMA KHALIK A NEW chicken farm has been set up in Singapore as a joint venture involving Sin Heng Chan, Imperial Foods International of the United Kingdom, two Indonesian companies and Marubeni of Japan. With an initial capital of $2 million, this farm568 words
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BRIEFLY...
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Article88 1981-10-06 1 AP NEW YORK, Mon. Two major New York banks Chase Manhattan and Morgan Guaranty Trust Co reduced their prime lending rate from 19.5 to 19 per cent, matching a move that began a week ago. Last Monday, Continental Illinois National Bank and Trust Co, the seventh-largest USAP - 88 words
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Article64 1981-10-06 1 AFP HAMBURG, Mon. An early drop in West German interest rates was hinted at by central bank governor Karl Otto Poehl. He said that if the public sector deficit falls as hoped for this year from 35,000 million deutsehemarks (about US$l5,OOO million) to 27,000 million marks (about $12,000AFP - 64 words
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Article60 1981-10-06 1 Reuter LONDON, Mon. Opposition Labour Member of Parliament Richard Mitchell announced that he is joining Britain's new Social Democratic Party (SDP). Mr Mitchell, who has represented the constituency of SouthamptonItchen in the House of Commons for 10 years, became the 17th Labour MP to defect to theReuter - 60 words
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Article90 1981-10-06 1 AFP TOKYO, Mon. A semi-official report published recently suggests that Japan could become self-suffi-cient in its food requirements and even export some the fact that the country currently imports 30 per cent of its food and 70 per cent of its grain from abroad. "The time has comeAFP - 90 words
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Article61 1981-10-06 1 Reuter BRUSELS, Mon. West Germany has introduced strict customs checks on steel imported from other EEC countries as a possible prelude to the application of import levies. The greater customs formalities, sometimes involving considerable delays for the imports at the border, are designed to ensure that subsidised steelReuter - 61 words
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Article61 1981-10-06 1 UPI WASHINGTON, Mon. President Reagan could easily cut nearly US$2 billion from the defence budget by laying off swivel-chair generals, shore-bound admirals and some lower-ranking officers. Representative Les Aspin, a Democrat from Wisconsin who frequently criticises Pentagon policies, said the army, navy and air force are too top-heavyUPI - 61 words
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Article57 1981-10-06 1 Reuter PARIS, Mon. France introduced a package of price controls to combat inflation and help avert new pressure on the franc after its devaluation yesterday in the European Monetary System (EMS). Finance Minister Jacques Delors announced the measures, which include a six-month freeze on the price of servicesReuter - 57 words
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313 1981-10-06 1 PRICES weal to aew tows far toe year tor touy muh ton toe stock market yesterday m toterest rata* etattoaed to ettmb. The average prlipe ieadtog rate (PLR) m almest IS per eeal aad toere la ceacen that tola may ge ap fartoer313 words
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Article391 1981-10-06 1 RICHARD SEAH - By RICHARD SEAH AMERICAN companies feel so secure investing in Singapore that they disregard an investment insurance scheme offered by the US government even when premiums go as low as 0.0026 per cent. Since 1976, only one US company has taken up the US government's Overseas391 words
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Article98 1981-10-06 1 AP THE US dollar was mainly higher against major European currencies in nervous early trading yesterday following Sunday s upward revaluation of the deutsc he mark and Dutch guilder and devaluation of the arK H**- Gold prices opened around US$B higher in London and Zurich. The dollarAP - 98 words
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Page 1 Advertisements
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Advertisement234 1981-10-06 1 fifiiesß Bookshops Leader page If rasa SPP Ltd will use the proceeds from the sale of its Alexandra Road property for its Venture with Scott Paper and other development and expansion projects Page 2$ STUDENTS of the Institute of Banking and Finance Diploma courses will now get their disbursement from234 words
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Advertisement69 1981-10-06 1 FRATA NEWS NVOC GROUPAGE SERVICES TO AUSTRALIA BANGKOK COLOMBO HONGKONG NEW ZEALAND SWITZERLAND Established regular services operated by experienced staff giving personal service. Carriers liability covered through insurance with London Underwriters. Competitive freight retes. Ship with confidence through Freta NVOC Services. FOR MORE INFORMATION PLEASE CONTACT SANDY CHIN MAY JUAN69 words
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Advertisement260 1981-10-06 1 RAKI CORPORATION Manufacturer# Exporter* Processor Merchant Grinder Packer Wholesaler Stockist Widest range of Oriental and Occidental Ground/ Whole/Rubbed Condiments. Herbs. Roots. Pulses and Seeds (Gnnding data available). ♦HAKII Mkl Corporation Singapore Head Ottic* Suit* 19-20. Nu-ies Building. 9 Malacca Street Spore 0104 Tel 434 724 A *****4 Factory Marsiimg Industrial260 words
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MONEY AND EXCHANGES
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Article278 1981-10-06 2 SINGAPORE gold futures yesterday closed generally firmer compared with laagt Friday's closed in moderate trading, dealers said. Prices were marked up between US$B.5O and $10.50 an ounce at the outset due to a weaker US dollar following news of the realignment of the CMS over the weekend and thereafter278 words
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Article161 1981-10-06 2 THE US dollar in Hongkong yesterday firmed to 2.2540/ 70 marks in late exchanges against an early 2.2475/2505, and also rose against other major currencies, dealers said. Dealing was thin and nervous in Hongkong after the announcement of tbe EMS realigment over the weekend, with the mark trading up161 words
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Article161 1981-10-06 2 THE dollar in London yesterday was indicated lower against most major currencies in thin early trading following the realignment of the European Monetary System, but the French franc firmed against the mark at its lower level, dealers said. The dollar was indicated at 2.2480/2510 marks here compared with 2.2475/2505161 words
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Article22 1981-10-06 2 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 14.94 per cent.22 words
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Article181 1981-10-06 2 ASIAN ASIAN currency deposit interbank rates as at close on Oct 5. US D*Usrs(8potl Offer Bk) 7 days 16 15* 1 month 16* 16* 2 months 1615/*****V16 3 months 17* 17* 6 months 177/16 17 5/16 0 months 17* 17* 12 months 17* 17 Dm. iMiMit Price*) 1 month 1013/1611*181 words
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Article46 1981-10-06 2 RANGE of prices often id by dlscount fc— on Oct 5 Overnight 7* Call depot its: to 1% Cliriat Selliac 3-month Treasury bills 6S •Vi 3-month Bank bills 14« 14* 3 months CD 13* 13H 6 months CD 13 H 13* Source: National Discount Co46 words
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Article469 1981-10-06 2 THE US dollar closed generally easier against major currencies yesterday comP*r*d with last Friday's New York levels after fluctuating marginally in thin and nervous trading. Dealers attributed the dollar's decline to the weekend realignment of the European Monetary System. The European Common Market ministers have Agreed to a469 words
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Article214 1981-10-06 2 THE US dollar for overnight delivery in Tokyo yesterday closed weaker at 228.70 yen, after its 229.50 opening in Tokyo and 230.00 close both in New York and on the US West Coast on Friday, dealers said. This was sharply weaker than the 232.10 finish in Tokyo on Frftay.214 words
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Page 2 Advertisements
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Advertisement524 1981-10-06 2 It's one thirty to pursue new opportunities in business it's another to support them. That is why vou should have a sound and flexible plan when it comes to equipment financing a leasing plan from Armco Pacific. Armco Pacific is a subsidiary of Armco Inc. one of the largest industry524 words
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BANKING AND FINANCE
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623 1981-10-06 3 MALAYSIAN Finance Minister Tengku Razaleigh Hamzah has urged the international community to reconsider the proposal to set up a separate affiliate of the World Bank to provide Third World countries with the large funds. These funds are needed to develop domestic energy sources623 words
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Article43 1981-10-06 3 AFP A CANADIAN and two American banks have been granted licences to open branch offices in Hongkong. They are Continental Illinois National Bank and Trust Company of Chicago, Wells Fargo of San Francisco, and the National Bank of Canada. AFPAFP - 43 words
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Article168 1981-10-06 3 A LOAN package at £1« mint— to mmwi the Ane»i (Anstralla-New Twln*-f»»»h) sadersea teleesmmaaleattoas cable system, arraaged aai managed by Mldlaad Baak latoraattoaal, was slgaed la Vaaeeaver last week. lUs la the largest slagle expert order the UK teleeemmanleattons ladaatry has ever received aad wae168 words
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Article125 1981-10-06 3 THE AVERAGE prime leading rate «asted by 12 msjsr baaks msvod cesser towards a record 16 per eeat level aa twa sssre haaks Jsiaed the latest spate ef lacreases yesterThe Baslaess Times' ladex earreatly steads at 14J4 per eeat. Yesterday, Oversea Chl■eee Prinking Cerperatiea revised125 words
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Article528 1981-10-06 3 Renter EUROPEAN Common Market governments announced over the weekend a 5.5 per cent upward revaluation of the Deutschemark and Dutch guilder and parallel 3 per cent devaluations of the French franc and Italian lira. The changes give an effective 8.5 per cent rise in value of theRenter - 528 words
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Article543 1981-10-06 3 ALVIN TAY - By ALVIN TAY STUDENTS of the Institute of Banking and Finance (IBF) Diploma courses will now get their disbursement from the Skills Development Fund (SDF) after each academic year instead of each semester. This ruling will apply to trainees who have registered for the first543 words
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Article120 1981-10-06 3 MB NG KOK BENG, later— tteaal dcpartmcat aiaaager Ike Mwwtiry Aitkwlty af Btagtpm, ku been elected ehalraiaa if the lastltate af Baaklag Mi Flaaace's CnmU. Thta Is la keepiag wtth the tradltiea «f MAS taUag tke chair. Farmer MAS chief maaager Mr* Bbaheth Bam had served aa chalrama120 words
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Page 3 Advertisements
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Advertisement187 1981-10-06 3 VISIT AMERICA "ON YOUR OWN" from $2544 ST ON TORONTO PAILS 0«« »n« OCNVtB CITY •SANTOANCJSCC KMM&UJC* LAS VEGAS OKLAHOMM Cf»v lANUO OHL Af tA Cheek our options: Do What U Want to Do $2544 Go Whare U Want to Go $3533 Ken-Air has revolutionised travel to United States Here187 words
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Advertisement59 1981-10-06 3 See Page It *T-'V f w jEsflps^" w"3 J I w-i v-\ -i' 3 HB ■P^T^fafl iKES® v s>f aws > w V"* ■>• > wt^63| Jfv f JR f Sj® 1 I i Ptf 5 ■bsfsS* a o pRa v-..' < ss sr* 5* !>.- K c r p?fc59 words
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OVERSEAS I
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148 1981-10-06 4 Reuter AMERICA would assist the Saudi Arabian government if it were threatened by a revolution. The statement was made by US Defence Secretary Caspar Weinberger when he commented on remarks by President Reagan last week that he would not repeat the mistakes that ledReuter - 148 words
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Article456 1981-10-06 4 FEW SIGNS OF RECOVERY UPI THE world economy is in its worst crisis since the Great Depression of the 1930s and there are few signs of a sustained recovery. This is the opinion of the Commonwealth Secretariat which said in Melbourne yesterday that the poorerUPI - 456 words
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287 1981-10-06 4 Reuter AMERICA'S policy-setting Federal Open Market Committee (FOMC) will meet this week, faced by evidence of more pronounced weakness in the economy than most economists had estimated. The weakness, demonstrated last Friday by a rise in September's unemployment rate to 7.5 perReuter - 287 words
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300 1981-10-06 4 NYT PURCHASING managers at 225 leading industrial companies across the United States are increasingly pessimistic about the future of the American economy, according to a survey by the National Association of Purchasing Management. The trade group which since the 1930s has been conductingNYT - 300 words
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348 1981-10-06 4 Reuter FORMER Indonesian Defence Minister, General Abdul Haris Nasution, has said that the military-back-ed government of President Suharto will come under increasing pressure to introduce political and constitutional reforms before the general election next May. General Nasution, expected to play a key opposition role,Reuter - 348 words
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161 1981-10-06 4 Reuter SOLIDARITY leader Lech Walesa has demanded an immediate suspension of price rises for cigarettes and other goods. He told the Polish government that it has no choice but to back down. Mr Walesa announced what amounted to an ultimatum to the communist authorities inReuter - 161 words
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Article764 1981-10-06 4 ARRIVALS Service Local Operator Number Time From PAA PA005 0010 NYC/SPO HKG CAL CI333 0150 TPE HKG MAS MHG01 0630 KUL SIA SQ101 0615 KUL MAS MH811 0815 PEN MAS MH671 0845 KUL RBA BI427 0930 BWN MAS MH680 0940 BKI MYY KCH SIA SQ201 1000 HLP764 words
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203 1981-10-06 6 Reuter BRITAIN'S Defence Secretary, Mr John Nott, said in Kuala Lumpur yesterday that British policy on investment in Malaysia would continue unchanged despite a new Malaysian ruling which threatens to discriminate against business with Britain. He said: "We will carry on as weReuter - 203 words
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Article120 1981-10-06 6 THE MALAYSIAN customs department is installing computers at the Johore Bahru Causeway to check on habitual smugglers. Director-General of Customs, Datuk Abdul Rahim Tak, yesterday said renovations to the building to house the hardware began two months ago. "We should set up the computers within the120 words
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448 1981-10-06 6 Reuter HEAVY industrial production has been declining too fast under China s economic readjustment programme which emphasises light industry. The official Workers' Daily said in an article yesterday that heavy industrial output fell 7.4 per cent in the third quarter of this year againstReuter - 448 words
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WORLD IN BRIEF
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Article520 1981-10-06 6 Agencies MALAYSIA'S revenues from oil are expected to reach MH7.6 billion by 1985, compared with $7.2 billion last year, because of an increase in crude production. An official publication of the government-owned National Petroleum Corporation said crude production will increase by 5 per cent annually up toAgencies - 520 words
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367 1981-10-06 6 Reuter EUROPEAN importers are paying the equivalent of up to US$ll a barrel more for their oil than they were in January because of the strength of the US dollar since then. The New York oil newsletter, the Petroleum Intelligence Weekly (PIW) said yesterdayReuter - 367 words
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276 1981-10-06 6 Reuter TALKS are underway between Japan and Britain for setting up a joint venture to manufacture Japanese-de-veloped facsimile units in Britain. A spokesman for Matsushita Graphic Communication Systems Incorporated said the talks are being held between the British government and the semi-official Nippon TelegraphReuter - 276 words
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Page 4 Advertisements
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Advertisement66 1981-10-06 4 r Technology made tastefuL J %> K# Va A y. f. K ■L- •v V 4* \>) fl /A w L /jftm mi I* i WW 82 SEIKO Cuf>.3f>ak> •It •It i ?W Insist on Seiko's International Guarantee Certificate. Sales Service Thong Sia Co. (S) Pte. Ltd., 04-00 Thongsia Building,66 words
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Page 5 Advertisements
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Advertisement381 1981-10-06 5 wssszzr <:ll > £5 lilwagTTf a^MMMwassss A*jlw What are mir chances Getting her boss to see you is sometimes as difficult as getting her to arrange the appointment. After all, if the boss is a busy man, you'd expect his secretary to be equally, if not twice as busy. She381 words
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Page 6 Advertisements
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Advertisement273 1981-10-06 6 BALCONIES GOME ALIVE WITH BEAUTIFUL SIARUTE VENTOJTE RCOrIJP^WNINGS. yOVJCA^ SUMUN|» I W T .7* f With fully-imported Starlite Ventilite Roll-up Awnings you choose from 12 beautiful colours. And you have the option to mix and match the colours to harmonise with the decor of your balcony. Check these other features:273 words
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TRADE AND INDUSTRY
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178 1981-10-06 7 AN EIGHT-man trade mission from the Engineering Industries Association of the UK arrived here yesterday to promote export business and to identify new business opportunities. The association is the largest engineering trade association in the UK. A member of the mission, Mr John G178 words
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262 1981-10-06 7 THE BRITISH Tourist Authority (BTA) is locating its first Far East regional office in Singapore. One of BTA's directors, Mr Bill Addison, will visit the Republic after Christmas to finalise the details. The primary function of the Singapore office, which will cover the Far262 words
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Article114 1981-10-06 7 SINGAPORE Airlines is holding its first worldwide travel trade competition for travel and cargo agents. The contest, called "Pennies from Heaven World Competition" is in appreciation of their efforts in helping SIA become one of the top 10 international airlines. Contestants will be tested on their knowledge114 words
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Article, Illustration348 1981-10-06 7 SINGAPORE Petroleum Company (SPC) has appointed Mr Cheat Heag Ksk as president and chief executive officer. Mr Cheng, 39, is the first Singapore national and the youngest to assume the office. A State Scholar, Mr Cheng holds a Bachelor of Science degree In chemical engineering with first-class348 words
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Article, Illustration272 1981-10-06 7 WONG AI KWEI - By WONG AI KWEI THE TERM "service" has taken on a new meaning at Philips Singapore with the revamping of its consumer service department over the past six months. Apart from spending more than $150,000 on new service vans, equipment and tools, the Dutch multinational managed to272 words
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185 1981-10-06 7 MORE meat inspectors and abattoir workers should be trained to maintain meat hygiene and to reduce the wastage and spoilage of meat. The Permanent Secretary of the Ministry of National Development, Mr Koh Cher Siang, yesterday said several countries have indicated an interest in185 words
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Article512 1981-10-06 7 RICHARD SEAH - By RICHARD SEAH A NEWCOMER in the local shipbuilding industry is expanding its operations in a big way barely 15 months after it started a shipyard in Tuas. Maroil Engineers and Shipbuilders will be investing an initial (10 million in a new eight-hectare shipyard in Northern Tuas.512 words
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Article597 1981-10-06 8 RICHARD SEAH - By RICHARD SEAH BUCKBEE MEARS will invest some |15 million over the next two years to increase its production of lead frames in Singapore. It will spend a further $1.5 million in toolroom facilities to make carbide dies which are used to stamp the frames.597 words
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Article91 1981-10-06 8 NEARLY two-thirds of the 640 employees of Marco Polo Hotel will receive this year's NWC second-tier payment of 2 per cent on top of the first tier of |32 plus 10 per cent. The workers, considered above average, were assessed on a performance appraisal system based on points.91 words
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Article431 1981-10-06 8 MALAYAN Breweries Ltd (MBL) will celebrate the 50th anniversary of Tiger Beer by launching a "new locally brewed super premium beer." Called Tiger Celebration Brew or "Tiger 50," it will be available on the local market this week at the retail price of $2 per bottle. It was431 words
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354 1981-10-06 8 THERE Is a seed to deveiep a peel af gaed packaging designers to create bettor packaging designs far toe indastry. Dr Whaag Saa Tie, chairman sI toe Packaging Ceaadl st toe Singapore Maaafaetorers Aaseelatlea, made this paint la Us spentog address at Aslaprlat/Asia354 words
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Article296 1981-10-06 8 RONNIE LIM - By RONNIE LIM ELEVENTH hour cancellations by Opec officials scheduled to speak at the Ascope Conference have marred somewhat the high level discussions expected this week in Manila Conference officials said yesterday that two Opec dignitaries, including the incoming Opec secretary general Dr Marc S296 words
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Article412 1981-10-06 8 ROBERT YAW - ROBERT YAW THE CAPABILITY of the workers of a Singapore company has prompted its parent company to invest II million in manufacturing a new, high-technology product here. The company, Preh (Singapore), a manufacturer of variable resistors, connectors, switches and control elements, is due to start production of412 words
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564 1981-10-06 8 WONG SOUK YEE - By WONG SOUK YEE ACTIVE onshore and offshore oil exploration, particularly in Indonesia, Malaysia and Brunei has brought about a smooth flow of business to related industries here. PT Avlau Indonesia Fabricators, which builds oil and gas equipment, is one of the companies benefitting from564 words
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Article933 1981-10-06 8 SEMONABB AND COUBBBB Oct 2-13: Marketing Management, Mountbatten Community Centre, Department of Extramural Studies, National University of Singapore Oct 2-Nov 10: The Process of Supervision, Waterloo Centre, Extramural Studies Department, NUS Oct 5-7: Managing the Performance System, SIM Conference Room, Singapore Institute of Management Oct 5-Nov 14: Introduction933 words
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Page 7 Advertisements
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Advertisement143 1981-10-06 7 1> m A m >5 I 35 as v 3 K& y? I S$ 5^ I l£&: r^r S* s@£ 3 tm r ?f?£« S* *^9B 7^s >£/ ft 7/ v< <• Sg feiB v^ 2^ B S r< if?. *'> ne^; --O You don't have to go further than143 words
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Advertisement200 1981-10-06 7 mmmmm Check-in FORTHE BEST NEWS IN TRAVEL WIN ATRIP TO BRITAIN WITH THE PEOPLE [OKN IT REST. |c\ JJsr iS&W. Visit the beauty of Britain its pageantry, its historic castles, its unspoilt countryside. And see London with all its restaurants, shops and shows. EASY TO ENTER Simply purchase a British200 words
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Page 8 Advertisements
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Advertisement267 1981-10-06 8 RO/RO FOR SPOT CHARTER YRBLT AUG 1981 CLASS LLOYDS DWT 370 F.O. CAP. 130 T F.W. CAP. 37 T WATER BALLAST 105T HO/HA ONE HOLD CAP. G 560 M3/B 530 M 3 LADEN DRAFT 3.00 M M/E TWIN DEUTZ AT 299 PS SPEED 8.5 K CONSUMPTION 1.9 T.P.D. M.G.O DERRICKS267 words
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Article, Illustration1374 1981-10-06 9 ADLAI J AMOR - r COMPETITION FROM MALAYSIA AND THE PHILIPPINES Countries like Indonesia, Bangladesh and Sri Lanka have been described as comprising the "second wave" of free trade zones now proliferating in Asia. These countries, with their cheap labour, are providing stiff competition to Singapore and Hongkong where1,374 words
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Article710 1981-10-06 9 MANOLO JARA - By MANOLO JARA Depthnews THE WORLD BANK has singled out China for its outstanding human development programme to give a better life to its poorest of the poor. In its World Development Report 1981, it was reported that China's most remarkable achievement during the past three decadesDepthnews - 710 words
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Page 9 Advertisements
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Advertisement85 1981-10-06 9 wmsm Top quality shredding machine from Japan at an unbeatable price! With the following features: Shreds 7 sheets of paper in one operation Maximum shredding width of paper 22.2 cm Shreds into 2mm fine strips Original factory console box Rotary cutter that lasts longer than conventional cutter One year guarantee85 words
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Advertisement336 1981-10-06 9 cook Sigrid Majewsky and the elusive American multi-billionaire presumed missing since 1923 Ludwig Van Pumpernickel 111, Jr. (Well, we defy you to prove that it isn't...) For delicious savoury pancakes, hearty steaks, mouthwatering quiche lorraine, salads and delectable crepes. Celebrities is becoming the businessman's in- thing. We even thought of336 words
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Article369 1981-10-06 10 THE SINGAPORE Convention Bureau's latest "bring your spouses and kids" campaign is a bright idea. It recognises the fact that wives and children are potentially big spenders and would give a boost to the tourist industry. After all these wives and children have all the time369 words
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Article283 1981-10-06 10 OVER THE past two years, considerable attention has been paid to the need (or safety measures at work sites. Apart from extolling the virtue of occupational health and safety through campaigns and site visits, the Government has also introduced more severe penalties for non-compliance with basic283 words
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Article245 1981-10-06 10 MINORITY SMALL SHAREHOLDER - Letters to the Editor MINORITY SMALL SHAREHOLDER Dew Sir, I read with interest in the Sep 30 issue of Straits Times of Multipurpose buying 51 per cent of Dunlop Estate for MJ252 million or M 55.75 per share. Would the Stock Exchanges of Singapore and245 words
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Article132 1981-10-06 10 UNPRIVILEGED GUEST - UNPRIVILEGED GUEST DtwSr, Your writer Tsang Sau Yin in the feature, "The Unprivileged SICC Members" (Oct 1 issue, Business Times) can take consolation in that "the" club not only snub sections of its members, but the guests to the club as well. I was132 words
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Article, Illustration943 1981-10-06 10 VINCENT SCHOOOLSKI - m ~uw lunwjiijf, ucworr i9oi wlni r f bia witr J, an e f timated population of between five and seven million, has two million foreign workers. The government sees the need of more Saudis taking over a larger share of the responsibility. But the task will notUPI - 943 words
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Article984 1981-10-06 10 STEPHEN JUKES - REALIGNMENT OF THE EMS By STEPHEN JUKES Reuter THE REALIGNMENT of the European Monetary System (EMS) that took effect yesterday is viewed by many foreign exchange analysts as, at best, a stop-gap measure unlikely to last for much more than six months. One senior exchange dealer in FrankfurtReuter - 984 words
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Page 10 Miscellaneous
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Miscellaneous629 1981-10-06 10 > -H OME CBOSBWORD CRYPTIC PUZZLE ACROSS 1 Exclusive letter with an enclosure (5) 6 Ready to go to church with the dog (5) 9 List that makes Lola pry (7) 10 I get oa either ride of this plant (5) 11 Appears tired of keeptag one's mouth start (5)629 words
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Miscellaneous38 1981-10-06 10 DTlStoW".' BicEenS uieu-.wMpa u>f\s *mth£ sccaeT Dcpsueß.... Tue ropvNuscCiPr OF ft Bcxx I STp*RTeD ON I rry First weac rt -ffeRRVS.... DeAPsßTrnesrr' Ses 1 OD my SGCOND V y U3G6.K 1 CHRHGeo itto -Living 1/ D£RTv4 rue >< Ofef^ClMgjsJT"...38 words
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Miscellaneous787 1981-10-06 10 Japanese ways and mean^ HEBE'S yet urttof rlnert to iMn stoat toe Japaaeat way at Mag tolan. Japma lae: I mama Far Narik America (eh 5, It. II) teeameati tke argaatoattoa, todpUae aai praiaetlvtty la Japaa. It la aa a acale aai kaawa to aay ether neaatrj to tke werli.787 words
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Page 11 Advertisements
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Advertisement755 1981-10-06 11 Cooper Energy services international Inc. After market Operations COOPER INDUSTRIES T f. S I 'it <6 H *,:v I i f mm »I.< mam y. HI f 4J MMfiH} fll v y £KR£! Sara*. Look whaft happening in Jurong today. ROBERT A. DUNCAN MANAGER FAR EAST We are happy to755 words
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Page 12 Advertisements
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Advertisement97 1981-10-06 12 Cooper Energy Services International hie Aftermarket Operations A COOPER INDUSTRIES Congratulations OHtools congratulates Cooper Energy Services International Inc on the grand opening of Its Far East Distribum Training Equipment Servicing centre. OtLTOOL Oiltoolslnternational Ltd Brunei, Tel 35.350, Telex 8U3353. PT Indo Surya Agung, Jakarta Pusat, Tel *****5, *****9 ext 2548/9.97 words
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Page 13 Advertisements
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Advertisement134 1981-10-06 13 WengratuJatien# .a v a y on the official opening of COOPER ENERGY SERVICES INTERNATIONAL, INC AFTERMARKET OPERATIONS 72. JOO KOON CIRCLE SINGAPORE 2262 With Best Compliments of C. ITOH CO., LTD Head Office: Tokyo C. Itoh Bldg., 5-1 Kita-aoyama 2-Chome, Minato-KU TOKYO Singapore Off ice: 11th Floor, Hong Leong Building134 words
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Page 14 Advertisements
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Advertisement60 1981-10-06 14 M aartus and ASSOCIATES AARTUS H PRIVATE LTD. 7A Lala Lajpat Rai Sarani (Elgin Road) Cal *****0 Phones: *****4/0808 *****9/1434 GRAMS: AARTUS Telex: 21 3223 AAPL IN Arthur Loke Pamela lan KantaWadhwan INI. I. RKIISI Head Office: Birnie Avenue, Lidcombe, N.S.W. 2141 Australia Postal Address: P.O. Box 117, Lidcombe, N.S.W.60 words
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Page 15 Advertisements
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Advertisement221 1981-10-06 15 Cooper Biergy services international Inc Aftermarket Operations A COOPER INDUSTRIES Congratulations transportation Cpte) limited 16, Benoi Place, Singapore 2262, Tel: *****33 Tlx: RS ***** "FAST'Cable Add: "FIVENINE" kjjj Royal Insurance Looks after you. Fast (incorporated m Fngiarxl) Ocean Building, Collyer Quay, Singapore 0104, Tel: *****. r LANDSCAPE tSu'jNt w )N221 words
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INTERNATIONAL STOCKS
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Article655 1981-10-06 16 KEEN COMPETITION AND INTERNAL CONFLICTS NYT IBM, the world's largest computer company, is reported to be on the verge of a major reorganisation, spurred in part by heated competition and internal conflicts within its sales groups. Executives of the company were reported to be explaining the shiftsNYT - 655 words
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Article73 1981-10-06 16 BASP AG will Invest u extra 1M million marks u Increase its video-cassette production. 11m la vestment «111 be to Increase capacity at Its Wlllstaett works tear kehl Am Rheln aad to bolld a new Injection mosldlng plant in, Ettenhelm, Sooth Germany, from 1182 for the73 words
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Article44 1981-10-06 16 GENERAL Electric will acqalre three privately held com pater software companies far np to UBftt million in n move dealgned to expand Its computing services operation. Tfce companies are Banking Systems Ine of Dallas, Energy Enterprise of Denver Inc aad Software International Cnrp.44 words
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Article383 1981-10-06 16 HITACHI, Japan's leading manufacturer of integrated electrical machinery, expects to double parent company sales and more than to triple pre-tax income in the five years to March 1987. The targets are contained in an unpublished corporate plan, recently approved by Hitachi's management board. It assumes383 words
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Page 16 Advertisements
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Advertisement261 1981-10-06 16 "The American Express Card serves you well, wherever good food is served" 0 WI Getaway to Sentosa with family and friends J* Cost only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY THURSDAY (except public261 words
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Advertisement156 1981-10-06 16 m ►4 r For lunch. For dinner. For a richly rewarding experience. I an, h r ;J, K XisJit'ssnit M l'> ~l(l 17 ~'f> in >i;u><in X Surniu < ***** ■xI i i'k 11« ill >i i•S i i ij_» ji| »< )f|. "If jazx means anything at all it156 words
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Advertisement216 1981-10-06 16 Ssa Page 17 for Asian stocks MM rf 1 K I s I I K Before vou tlv ,i\\ ,iy rt > lordiin l.iixK i ht'i k-in vour KiU s then out the Hvc > 'nniK iifv Rof;iur;mt. Kol •i.N in intim.itc M.irrou tiding ;md u ino ;ind dine *>n216 words
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Advertisement168 1981-10-06 16 Inn Of Happiness w Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations. please call 737-2233. ISSI HK»TON MTERNATKMAb SINGAPORfc Where The World Is168 words
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Advertisement162 1981-10-06 16 The Dragon Palace Restaurant rs Where you can dine in regal splendour and teast on splendid dishes fit for a King Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome' mt a Coekpti Hatci Onley Rise/Penang Ro*d. Singapore 0923 Tel *****11 (20162 words
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RAW MATERIALS
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Article809 1981-10-06 17 COFFEE: Robusta futures yesterday ended the morning steadier, £18.5 to £35 a tonne higher in thin quiet trading, deales said. Turnover totalled 1,106 lots including 81 cross trades. The steadier trend continued from the opening call mainly on commission house buying while a lack of sellers also contributed809 words
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Article127 1981-10-06 17 THE Kuala Lumpur crude palm oil market yesterday closed mixed on lack of buying interest in generally quiet trading, dealers said. In October, south dropped MJS to $910 a tonne, central was traded at $910 while in the north, November and December were traded at $925 and 1925.50127 words
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Article179 1981-10-06 17 CHINESE Prwtaee Exekuge, mm elmlag prtern P» I» kg y»ter4*y. CMMit «U: Bulk fob $113.50 sellers, old drum (in second hand drum) fob $127.75 sellers, new drum fob $137.50 sellers. C*P** Mixed (loose) $68 25 buyers. P®W«r: Muntok white pepper fob Asta NLW $387.50 sellers, Sarawak white pepper179 words
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Article122 1981-10-06 17 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) CrttM yan: China Blue Phoenix 20s 2,440; 32s 2,970, 40b 3,110 (per bale of 400 lbs). PakttM raw cmttm: LSS 6.00, 4F 5.98; 289F 6.05; NT roller ginned 6.00 (per lb). CLOTH in122 words
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Article328 1981-10-06 17 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.33, 100 per cent second class 1.13, 100 per cent third class 1.08, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.75, Special328 words
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Article90 1981-10-06 17 THE STRAITS tin price is PoBUg yesterday remained steady at MU5.44 a kite since liaraday, still within the IT A eeiliig raage ef $».74 aad $».41, dealers said. Despite Leadea Friday's lewer trend, prices held steady at this level far the laarth eeasecatlve day aa eeatiaaed sappart malaly90 words
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Article30 1981-10-06 17 Rubber: Oct 5 Singapore: Oct: 202.00 cents (unchanged) Malaysia: Oct: 229.60 cents (up 1.00 cent) Tin: M 536.44 per kilo (unchanged) Official offering: 240 tonnes (up 14 tonnes)30 words
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Article107 1981-10-06 17 Reuter PHILIPPINE President Ferdinand Marcos said there is enough rice in the country aad there is no danger of scarcity. He gave this assurance before agriculture officials to soothe (ears domestic production levels would not be enough to meet demand and thus force the governmentReuter - 107 words
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Article237 1981-10-06 17 RUBBER prices in Singapore yesterday closed unchanged on balance with October One RSS buyers quoted at 202 00 cents per kilo, dealers said The morning market finished slightly lower on some scattered selling after a higher opening, they said. In the afternoon prices firmed slightly on a general reserve237 words
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Article350 1981-10-06 17 RAS prices In cent* per kilo yesterday: ran (per kilo) Seller* J 5 S rom 0 b MMON lat. 1R-S-S October UOX 300.30 let. 1 RS.S November XI SO 303 SO ?Jif S ***** 1ST 00N F* P? c e 1B IX 00N tot. iRSJ U000 ISOOON c350 words
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Article113 1981-10-06 17 NOON sa N and SMR pfn ymm Unlay 1AI Qjtol (Carraa ■•ran 1 188.60 164.60 Mr iMlk) Nvrmbw IfamH Mtk) SSR SO SSR60 MIUJ (llaa pattat) (ltoa paftat) 18®. SON 1M10N Bayar* 188.60 184.60 a liar* 10U0N 188. SON SMS CV SMR L SMR SMR CP SMR113 words
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Article468 1981-10-06 17 AFP THE FIRMER tone noted the previous week continued for some days, largely under the stimulus of market conjecture that, whatever the rumours, the European community would eventually find some way to set aside a substantial tonnage of 1981/82 crop sugar, Cxaraikow said in itsAFP - 468 words
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174 1981-10-06 17 Reuter THE International Natural Rubber Organisation (Inro) has called for funds totalling MJISO million from member states to operate its buffer stock in the face of failing prices. The call for contributions follows the previous week's Inro "t council meeting which successfullyReuter - 174 words
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ASIAN STOCKS
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193 1981-10-06 17 Reuter BOUGAINVILLE Copper Ltd's mine in Papua New Guinea (PNG) resumed normal operations on Sunday after being closed for four days by a community protest, Assistant General Manager John Trezise said. Production was halted when local community leaders set up a road block last Thursday andReuter - 193 words
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Article185 1981-10-06 17 OCT Ccnti INDUSTRIALS Ant <M > A I JK M. 1M 11 30 5 Amp™ PK IX MM B Bulk NSW Borml Brain bin Sit 23 > 2 C B. A ran 4N 15 Coal Allied Dunlop lOt 4. I tod Harald Hooter 900 no 115 -5 -4 0185 words
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Article134 1981-10-06 17 THE Manila stock market yesterday closed weak as commercial/industrial and oils joined mining on the downturn. Turnover rose from 961,000 to one million pesos, dealers said. No gainer showed and Lepanto and Philex B were the two losers while the rest were either untraded or unchanged. OCT OB Paaoa134 words
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Article65 1981-10-06 17 SELLING pressure in Bangkok yesterday sent share prices tumbling in inactive trading, dealers said. Thai Commercial Bank fell two baht to 300, Rama Tower 0.50 to 53.75 and Industrial Finance Corp 0.50 to 93.50. First Trust rose one baht to 49. OCT OB AjU PI Ore BahU KMIB Lid65 words
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Article329 1981-10-06 17 HONGKONG STOCKS in Hongkong yesterday suffered their biggest one day fall since 1973, with the Hang Seng index closing down 119.49 points at 1,113.77, slightly up on its midday close of 1,110 when it had lost 122.82 points, dealers said. The fall followed a sharp decline in329 words
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Article582 1981-10-06 17 THE Tokyo stock market rose strongly following remarks by US Treasury Secretary Donald Regan that the Fed should change monetary policy to avert a US recession, and on the yen's rise against the US dollar, dealers said. These developments intensified market speculation foreign investors might return to582 words
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Article32 1981-10-06 17 H.K.HANG SENG Monday 1113.77 Friday 1233 26 Wee* Ago 1245.26 AUSTRALIAN industrials Monday unav Friday 879 4 Week Ago 872.4 ALL ORDINARIES Monday unav A« 574 8 wee* Ago 563.532 words
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Page 17 Advertisements
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Advertisement169 1981-10-06 17 i "v' -r: If you're planning a convention for between ten and a hundred people, you will want to consider The Genting Convention Special Package 2 Nights/IV 2 Full Days Meeting only 190 per pax Accommodation at the luxurious Genting Hotel on a sharetwin basis Extension of stay at $90169 words
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1528 1981-10-06 18 'BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with J* number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Aeaa (2.558) CD Allied1,528 words
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Article187 1981-10-06 18 SINGAPORE UNIT TBI JST diamond mot rrou prfM tar 0« «o DiSzr* prtMi tar Oet 8) The Commerce 2 M 2 83 The Savings Fund 1.5* l.M Spore Fd (USS) 0 83 OR S pore Pro* Fund 1.19 1 25xd SI 1 K S pore Sec Fund 171187 words
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Article2741 1981-10-06 18 Gr*s Gr»s Net 1M1 Coaptiy Last Div Div YTd P/E Vol Dav High Low Sale +or- Crr (*000) Higk Low SECTION ONE INDUSTRIAL COMMERCIAL 494 282 Acma 282cd 14-5 34 54 94 m m Alcorn 144 4.8 2.0 34 244 390 130 Allied Choc 151 7.0 242,741 words
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Article1692 1981-10-06 18 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. iNDumiALa Almm (1006 1.306) sri A CkM (1.458) AMD (1MB) (1) 1»1,692 words
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Article223 1981-10-06 18 MALAYSIAN Mosaics has moved into the red in the first half of the current financial year with unaudited pre-tax losses of M 5240,000. This compares with a pre-tax profit of $325,000 achieved in the corresponding first half of 1980. According to the company in its interim223 words
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Article781 1981-10-06 18 MANY stare prices kit aew tke year yesterday M totereat ratea eaattoaed to ettmk. Tke Stralto Timee lidutrlal ladex waa redaeed ky lIM patoto to •21.71. Caafldeaee appeared to ke •4 ita toweat dariag tke maralag tradlag acaalaa wkea prteea ceatlaaed to W eaaatoteatly781 words
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Article594 1981-10-06 18 Share prices opened the week broadly lower at the Kuala Lumpur stock market yesterday on continued weakness. Volumes, however, improved markedly. News that the Hongkong market took another bad stumble in the morning session after reports of a rise in the prime rate could have affected594 words
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COMPANY NEWS
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333 1981-10-06 19 AUSTRAL Almagamated Tin has failed to meet the target it had set itself for the year to end-June 1961. The company's tin output fell from 1.28 million kilogrammes in 1900 to 1.17 million kg for the year under review. This is even lower than333 words
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Article458 1981-10-06 19 WITHIN A single month, close to 300,000 acres of prime agricultural land cootrolled by British groups have passed into Malaysian hands, with the taking over of control of Guthrie Corporation, Barlow Estates and Dunlop Estates. Leading the Malaysian acquisition trail is Permodalan Nasional, the government's458 words
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Article180 1981-10-06 19 MAGNUM OarparattM and Koala L—fr-Kipiag Bhd have written to the SES to explain why the return of share certificates sent in (or registration of transfer and/ or splitting were delayed. Magnum said steps have been taken to ensure that new certificates will be returned to shareholders and broker180 words
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455 1981-10-06 19 SAN Holdings Bbd has slipped further into the red with pre-tax loves 62.6 per cent up to Msl.2» million in its financial year ended March 31, 1981. This was despite a 3§ per cent increase in operating revenue to ***** million. Chairman Ngan Chlng Wan455 words
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Article449 1981-10-06 19 UNITED Estate Projects Bhd (UEP), the developer of Subang Jaya in Selangar, is planning to build a Ms3o million medical centre near the Subang View Hotel. According tO Abdullah bin Yusof in his latest annual report, the proposed project is now in an advanced stage of planning.449 words
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Article623 1981-10-06 19 umM b ■Mfei Da* TMaltar P»r«Mt Dili OM FayaMi tteyear PTIHIM ymt AMtffrtM 10*1 Sep If Sep 21 OctO 10* 10*00 AM* 10*<b) Oct 11 Oct 20 Nov 20 10% TE 14-5*<a) AMOM 7* NYA NYA NYA 7* 4*TE iff 5*1 Oct f Oct 14 Oct 22 9*623 words
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Article280 1981-10-06 19 Company Particuisrs Ex Date Boohs Close Bay* Bonus law of 5 for 4 Oct 2 Oct 15 MM Bonus Issue of 1 tor 10 NYA NYA oTiiiIii Bonn km of 1 tor 5 Oct 7 Oct 20 Right* Issue-of 1 tor 5 #|1 00 per share Oct 7280 words
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Article715 1981-10-06 19 HSUNG BEE HWA - ■arket Talk... By HSUNG BEE HWA PAN Electric Industries, the group which recently sold off its electrical appliances wbsldlary to Acma, is expected to rake in net profits of $23.8 million in ISB3. Hongkong-baaed securities company, Saa Hung Kai. is of the opinion that Pan-El715 words
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Article84 1981-10-06 19 PROFIT ESTIMATES FOR 1980 1983 «■> (W) <■*> <■*> (K»t) Electrical Appliances 1.70 0.90 1.15 1.45 Electronic Products 3.60 4.00 4.50 Marine Salvage 4.68 5.15 5.85 6.35 Marine Services 3.10 4.20 4.70 5.10 Engineering 0.73 0.62 0.55 0.50 Property Development 2.00 6.50 7.40 Shipyard 1.78 2.10 2.40 2.60 Others 0.4784 words
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549 1981-10-06 19 FT THE report and accounts of Saint Piran, the controversial nbiai mad bddh| group, for the year ending March 1981 haw ben qualified by audi ton and Whianey la rapict of the group'* Involvement with two nasodated companies Incorporated in Thailand. Ernst and Whinney saysFT - 549 words
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Page 19 Advertisements
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Advertisement205 1981-10-06 19 Ky |W» >*CTO*r XfHtISfKTA TTVf ft» SOUTH LAST £u < STTHUS.EAJPTE LTD Unit 1003, 10th Floor, Tan Boon Liat Building, Out ram Road, Singapore 0316. Tel: *****47 (3 Lines) Cable: STIHLSEA Telex: RS ***** PREQUAUFICATIONS OF TENDERERS PROJECT: Proposed Prestigeous Comprehensive Commercial Development comprising of 6 storey podium block 32205 words
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Advertisement185 1981-10-06 19 f FURNITURE Touch of Class LUXURY INTERIORS PIE. LTD. 321, Plaza Singapura The Telexmaster and your word processor. You've automated your paperwork Now automate yoHT tetes system with the Telex master And cut com, unproductive time and error! The Teiexmaster can not onty be linked to your word processor, bill185 words
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Article695 1981-10-06 20 KOH TSE YING - ■HHI Companies Editor: Mano Sabnani KOH TSE YING SPP Ltd will use the proceeds from the sale of its Alexandra Road property for its venture with Scott Paper, as well as other development and expansion projects. The company said that the $20 million cash from695 words
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Chief Price Changes
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Article148 1981-10-06 20 Rises Indices H— P B 810 15 M«tal Bm 8por« 360 +10 Oct 2 Oct 5 CkM VOL IM ao 10 BT Indicator: *****2 *****9 Lou 79 1 Industrials: 635.21 621.71 Falls Finance: 1371.67 1342.12 188 965 966 866 -170 .125 -85 -80 Hotels: 1032.70 1021.76 8 P P148 words
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Article, Illustration148 1981-10-06 20 Falls Indices M U I 1060 -90 Oct 2 Oct 5 C Sugars 1080 -90 BT Index: *****0 *****3 H Leoog lad 960 -80 Industrials: 829.54 810.64 H Leoog Credit 780 -70 Finance: 1273.06 1252.16 P Bank 700 -45 Hotels: 502.88 502.29 Pegi 378 -42 Properties: ***** 849.09148 words
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Article627 1981-10-06 20 TAN KHIM YONG - TAN KHIM YONG MAJOR shareholders in the Aluminium Company of Malaysia have given written undertakings to take up all their entitlements of 23,341,500 new ordinary shares to be issued under the company's 7-for-2 rights ssue. The remaining 14,721,000 of the 38,062,500 new shares will be underwritten by627 words
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Article803 1981-10-06 20 LONDON, Moo. The market closed firm after a cautious start. At 3pm the FT index was 10.4 points higher to 486.7. Dealers reported small but persistent demand in a market bereft of sellers. Part of the gain reflected short-covering of recent oversold positions, which tended to exaggerate price803 words
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200 1981-10-06 20 A MALAYSIAN investment company, understood to be partially controlled by the government, has acquired a 13.32 per cent stake in the Sogomana group, producers of natural rubber, oil palms and cocoa. London brokers Laurence, Prust who advised the Malaysian company, Panb Sendirian Berhad, on200 words
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Article96 1981-10-06 20 KECK Seng's 19,000-acre joint venture oil palm project in the Philippines will have the benefit of incentives granted under Batas Pambansa No 44 which encourages investments in the country's depressed areas. According to the Manilabased newspaper Business D*y, the 516.38 million pesos (MJ152.6 million) Agusan Plantation Inc96 words
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TAKING STOCK...
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Article526 1981-10-06 20 by HOCK LOCK SIEW IT MUST be testimony to Singapore's strength as a financial centre that of the 50 largest banks in the world, only a handful are not yet represented here. As well as having most of the creme de la creme of financial institutions doing businessby HOCK LOCK SIEW - 526 words
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Article96 1981-10-06 20 AP NEW YORK, Mon Stock prices rose sharply this mornla*. extending last week's rally amid hopes for a further decline in interest rates. The Dow Jones average of 30 Industrials jumped 8.66 ets to 869 39 in the first half Several large US banks lowered their primeAP - 96 words
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Page 20 Advertisements
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Advertisement32 1981-10-06 20 UNKNOWN CAR RENTAL COMPANY ABOLISHES MLEAGE CHARGES. At BTW, we only charge you for renting a car. Not for driving It. The car rental company you've never heard of. Phone: *****30,*****24,*****7. (j*T)flolF32 words
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Advertisement219 1981-10-06 20 Tighten your project control with an Interactive PERT/CPM System... Point Readinet... The Point 4 READINET is an interactive PERT/CPM System specifically designed to aid you in project planning, optimise critical parameters within constraints and monitor performance throughout the entire project until it is successfully completed. READINET helps to manage complex219 words
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Page 20 Miscellaneous
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Miscellaneous60 1981-10-06 20 Outlook for Singapore from 6am to lpm today: Showers in few areas from around noon onwards. for 24 boors prior to 7Jt pm on Oct 5 at Maximum temperature 31.7 Associated humidity 64 Minimum temperature 23.5 Associated humidity 96. Hours of sunshine 8.90 Rainfall in millimetres 4.6 Total rainfall for60 words
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SHIPPING TIMES
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325 1981-10-06 21 PHILIPPINE'S Negros Navigation Company Inc (Nenaco), a leading intertoland shipping liner, is modernising its fleet with a long-term foreign currency loan of P13.2 million from the Private Development Corporation of the Philippines (PDCP). The project involves the acquisition of a secondhand cargo325 words
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Article, Illustration368 1981-10-06 21 TAN KHIM YONG - By TAN KHIM YONG FEW shippers and shipping companies in Singapore are using the Malayan Railway to haul containers to the Peninsula despite its efforts to promote this mode of transportation. Although many exporters have made enquiries, the use of Malayan Railway for368 words
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PORTSIDES
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Article159 1981-10-06 21 AFP INVESTIGATIONS into the Indonesian passenger ship Tampomas 27 disaster have led to the conclusion that the factor of passenger safety appeared to have been overlooked in the purchase of the ship from Japan. The Indonesian State Audit Board chairman, General Umar Wirahadikusuma, said this was the outstandingAFP - 159 words
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Article99 1981-10-06 21 AFP JAPANESE harbour workers have decided to oppose any measures and machinery for streamlining habour transport work to be introduced without prior consultation with them. The all Japan Harbour Workers' Union said the ongoing rationalisation of operations at ports and harbours threatens to worsen the employment insecurity ofAFP - 99 words
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Article657 1981-10-06 21 Shipping L1m Pag« CM SMpptag Use CM Ale* VI 3 Eng Guan vm 5 Afro-Eurasia VI 2 Everett Orient IV 4 All trans vn Evergreen IV 3 Alpar VI s Feaco vn 4/5 Angfculan VI 4 FTotta Lauro V 5 Angonave V 3 Franco-Be lg m 4/5657 words
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Article447 1981-10-06 22 ARRIVALS KEPPEL WHARVES Asian Clipper (ro ro) (after Nedlloyd Weser, must vacate 0600 Bth) 3/4 Be ills (1800 after King Pearl) 25 Bunga Seta war (0600) 45A Bunga Mas (1600 after Blue Kochi) Duke (after Hugheverett) 26 27 Gardenia (after Bela Kosmo) 19 Graha (Tanker) (0900 subject447 words
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Article916 1981-10-06 22 iM^| E ri 'r?D E A. P 9 RT 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 Alva Maersk Ned Hoorn Ever Promoter Falmouth Bay Ever Vigor New Pony Pegasus Pride Plata916 words
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Article1646 1981-10-06 22 I INCREASED time-chartering developed on Friday in a moderately active freight market with a bulk/oil carrier of 112,000 dwt being booked with delivery Japan for an Australian round voyage at US$l.4O per long ton. A 70,000 tonner with delivery Taiwan for an Australian round voyage paid 16,900 daily,1,646 words
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Article258 1981-10-06 23 SHIPPING TIMES, Tuesday, October fi, 1981 AFP TANKER rates fell to new two-and-one-half year lows last week in extremely depressed conditions. The forecast by Sheikh Ahmed Zaki Yamani, Saudi Arabia's Oil Minister, that oil prices may decline in 1986 in "real terms", and the huge stocksAFP - 258 words
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930 1981-10-06 23 CONTRACTS for vessels to be built to American Bureau of Shipping (ABS) classification in the first half of 1981 were received at a brisk rate, with particularly strong contributions from the dry bulk carrier, mobile offshore drilling unit, supply vessel and fishing vessel sectors.930 words
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Article, Illustration447 1981-10-06 23 US container ship operator Sea-Land Industries is thinking of moving into other areas such as clean product tankers, with the US Navy involved in the project too. The line has just sold six container ships, the SL-7s, to the US Navy with an option for two others447 words
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Article320 1981-10-06 23 SEATRADE Aetdemv ew* techaiqmm October 4-10, Madingiey Hall, Cambridge Polytechnic Certificate- to Shipping MWM October 5, Department of Transport and Insurance, Gty of London Polytechnic. lastftate §t Chartered Shiphreher» A—elnlmhlp and fellowship chtm October 5, Department of Transport and Insurance, City of London Polytechnic. Chartered lastltate ef Tni—pert320 words
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1129 1981-10-06 28 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. PN1,129 words
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Article185 1981-10-06 28 THE major shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAB EAST/EUROPE): Franco Belgian Services. "K" Line. .1 Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping ANBO (BTRAITB/ AUSTRALIA): Australian National185 words
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Page 21 Advertisements
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Advertisement494 1981-10-06 21 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. See Pago V <v n v~-: .1 \R 1) 1M I U Orient Overseas Co*dcjMeA. Line FULLY CONTUtRSED SERVICE TO EUROPE (VIA SUEZ) rSTTSH i*w»t r*M< Mm494 words
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Advertisement299 1981-10-06 21 HSEALORDH UASC UNITED ARAB SHIPPING CO'SAG; ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES M. SALMAN *37 AL MUBMWMH J5 M H KITM 37 M M. T*B *31 Kuwait (22/10) Dm Abu Dhabi (31/10) I M fahat (19/10). (25/10) Duba. (71/10). M>na Qaboos (3/11). Cuba (6/11). Mm Dhabi (9/11). Kuwait (12/11) Shuaiba (15/11).299 words
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Advertisement21 1981-10-06 21 r A CONTAINER Schedules n SHIPS Io Pert n LONDON Freights D/ID SHIPPING Events m/im SHIPPING Schedule vm REGIONAL Weather VIH21 words
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Advertisement739 1981-10-06 21 I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 line EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA. ASIAN PORTS Siacap*r«|Loact>each|N«w York I Philadelphia Penanf r 1 SaOod 10-11/10 17-11/10 12-13/10739 words
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Page 22 Advertisements
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Advertisement884 1981-10-06 22 MALAYSIAN INTERNATIONAL SHIPPING CO RPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE CofftMW SlfnCC To tirepe mm tm—2) Rdam 3) H'bdff 4) GtHirf 27/10 29/10 3/11 5/11 10/11 12/11 17/11 19/11 24/11 26/11884 words
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Advertisement247 1981-10-06 22 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA VM U/M VM 2VM VII TAT" OW It. TO®A" ft» i. TENNESSEE" Od M TO: PANAMA US ATLANTIC EAST CANADA US GULF 11 ir VM a/u 2/U VU I 1/12 IV* IVU IVII *>V W IVM 12/11 23/11 N/11 2VII JVM247 words
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Page 23 Advertisements
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Advertisement706 1981-10-06 23 QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok CONTAINtRSHIP SERVICE TO UK CONTINENT tr*w( Chifw Bran 2C/10 21/10 2/U 4/11 M/U 11/11 11/11 12/11 17/11 IS/U M/U IS/11 •3/12 45/12 11/12 12/12 11/12 13/12 17/12 19/12 Spn 05/10 12/11 17/11 07/11 13/11 IS/10 21/10706 words
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Advertisement331 1981-10-06 23 fg Franco Belgian Services A h'r, ,•,v,, I |.jn ;F y.; <•, r» \rf Im>~r ®UM U Rowt l°4a* Vta| rn»m iwwp khrt MM »M 8 Oct M Oct IMm TtMSBCMLD M MM a Oct MOct 2Rm 3Rm 5Nm KPTWK MOE ISM 7Rm 3Nm 7No IRm 11 Rm IOCATOR lIM331 words
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Page 24 Advertisements
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Advertisement747 1981-10-06 24 TO NORTH EUROPE l»p ftaj Banaltta Hw*ur| Eiprcss 1 EXPORTS Antwerp 5 II 11/11 13.11 20 U 27/11 6 12 Ml 13 11 IS 11 77 11 79 11 8 12 Also accepting transhipment cargo tor CARIBBEAN WEST WOtlS »ia Hamburg TO MEMTtMJWEA TO WORTH EUROrC/MEDtTOBWEA/ Pen Bilbao Genoa H747 words
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Advertisement506 1981-10-06 24 KOREA SH,mN6 CORPN P. Kelang PENANG S PORE ALT AW 167W 7-10 Oct 11-13 Oct In Port ALTAIR 168E 7-10 Oct 11-13 Oct In Port TO BUSAN VEGA 165W 30 Oct-1 Nov 2-4 Nov 27-29 Oct FROM BUSAN BANGKOK VEGA 166E 30 Oct-1 Nov 2-4 Nov 27-29 Oct TO BUSAN506 words
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Advertisement566 1981-10-06 24 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTING FCL I LCI CARGO FOR Spat Mdj»i Hanfeui (ctiltM* (fttoten tntatrp It Hint l»tt luck* 14,10 15,10 5/11 7/11 9/11 11/U |y|| t«« MM 73/10 14/11 14/11 11/11 20/11 22/U l»t» lifM 1/11 12/11 23/11 25/11 27/11 25/U 30/11 (•ttMctsrr 11/11 2/12 0/12566 words
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Advertisement865 1981-10-06 24 Everett LinesT 5 6urma Fivt Star ShiPPinf Corpn 9 JBk "BURMESE NATIONAL LINE" g 1 LOADING FOR RANGOON K 585 oc, m «/»S z 9 S2E2L. ,7/MOt <5 mwuwr** 7/ j,ot, M/2tort iSC A«nti m Mo4ays.o BOUSTEAD SHIPPING K TEL NOS Kl *****1/*****3 Wa Cim«m ArfMtM* 0« Himmii IMkhmimm^ >9A865 words
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Advertisement349 1981-10-06 24 r W6.S.E. OCEAN SHIPPING ft ENTERPRISES PTE LTD. gl SANKYO LINE JAPAN/STRAITS SERVICE SUN UNION LINE KARACHI SERVICE VORTEX HUMMER AGENTS SKAPORE PKLW PCNANG LOAD FOB 17-11/10 19-21/11 KARACHI PORT KUANS PENAM OCEAN SMPPWG ft ENTERPRBES PIE ITO TU 27(1144/7 ft 22(137( ROOMS SEAWAY SMPPMG TU *****52/3 EAST ASM SHPPMC349 words
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Page 25 Advertisements
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Advertisement813 1981-10-06 25 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) vessel Accepting LCL Cargo to Colombo Aqaba. S E A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS T i y \Ji. NEP ZIRCON 50S/51N MEP TOPAZ 525/53N NEP ZIRCON 525/53* NEP TOPAZ 545/55N FCL Closing 8/*****0 MRS813 words
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Advertisement796 1981-10-06 25 BENLINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE £2£?U~ u/14 17/1# 2S Ufw M*»* Bay H BURG 1 AtF*nt OfmjAy mi M/K 13/11 2/11 «/u 14/14 10/11 a/io 17/u VU M/ll 13/11 1/12 21/11 11/12 bmaven roam Austri* Antacrp 21/11 2)/It 4/11 S/U 14/11 11/11 12/11 13/11 11/11 21/11 24/11 27/11796 words
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Advertisement757 1981-10-06 25 smmm ITrtl S i A. i i y fI i t i \i. Scan Dutch 9 WEEKLY EXPRESS CONTAINER ED/UK/NC/SCAN SERVICE P Itumhntu >trtf fooOr I PUKGA SM I OMtM 9/10 8 HHACA 15/10 I DM* 23/10 I PEAK* 30/10 0 OtttM 6/11 1 PENACA 13/11 0 OMtf 20/11 0757 words
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Advertisement555 1981-10-06 25 BOUSTEAD SHIPPING AGENCIES BANK LINE ■DEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) SPORE R'DAM HULL HMBG SANTA ELENA 20 Oct 15 Nov 24 Nov 19 Nov FORTHBANK 3 Nov 28 Nov 2 Doc 5 Dec CORABANK 17 Doc 11 Jon IS Jon 18 Jon (Doop Tonk Spoce Avoiloblo) Linos U.S.555 words
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Page 26 Advertisements
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Advertisement780 1981-10-06 26 K line I EXPRESS CONTAINER SERVICES TO NORTH AMERICA feeder Kssas* n M Nwfc*. BaMmre Sa.amuA iadumflt JAPAN-STRAITS-JAPAN Vfss« Sport Penang Putting jSpore lotyo Nafor* Kobe nan SIMM 11/10 13/10 14/ M It/10 79/10 30/10 Noaourvu [N«oj 22/10 2«/»o 125/10 7/11 »/n 9/11 ACCEPTRK FCt MS Id ARABIAN GULF Sang;apoit780 words
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Advertisement571 1981-10-06 26 CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAMER/REEEER SERVICE Lu** far lOS ANGELES SAN FRANCISCO. SEATTLE TACORM VANCOUVER C Accap«ai« Fa/Fa Mmn >» ."sr sr AUSTRALIA EXPRESS CONTAINER SERVICE Acc«pta( Fa/Fa Calwn P K(iM| S pole OMAAAItNOU 7 Oct I Oct -RAMMS n Oct 30 Oct INAtAFENW 90K 10 0K "RAMDAS" 1571 words
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Advertisement664 1981-10-06 26 :r c»roup SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCE AN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINES) GfNfRAL *****1 14 I INf S/ TERMINAL OFFICE *****83 TELE* RS 2459S «S 2SS6B A 8 CARSMIP CABLE CARGOSMIP mi Itcflional lloiit.-iiiK'r I jut's WEEKLY CONTAINER SERVICE to/from BANGKOK •PANCHtAINA SKI MM664 words
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Advertisement661 1981-10-06 26 KORINS MARITIME SERVICES ffi Room 601 ICB Building. Way Singapore Tel *****22 *****67 P Kelang T e i *****4 <38 ,'OO5 WIOPLE EAST/RED SEA/EUROPE SERVICES ROSTAR ISOct BUNGA VANDA 20 Oct RNVANG No 15. 70 Oct UNON BALTMORE... 22 Oct Jte p Lw«inc For: in tobai/Bahrain/Rwrait 20 Jet Bandar Abbat/B661 words
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Advertisement509 1981-10-06 26 SHIPPING TIMES, Tuesday, October 1,1181 INTRASEA (PTE) LTD Suit>- 261 6. Ir'tffr.Ua f\Y Pi.i'a A' Singapore 0207 T," 224»? t 1 < BREAKBULK SERVICE TO EUROPE/UK mm wow NORASIA S>ar* P. KNanf Pwanf Lm4*| tm 15 Od 11 Od BOLOUGNE/tDMI/VK FULL CONTAINER WEST BOUND SERVICE mKM Mils 13 Od MMTUmstd/irsdn/509 words
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Page 27 Advertisements
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Advertisement634 1981-10-06 27 ptNOL \\NEPTUNE orient lines ltd FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): Conso't'u" C. PAUL 2IW K. CHANGE 5W+ C. DOZE 2€W S.S. BMDGE 33W.. 7J IFJ l Also accepting cargo to/trom Scandinavia K CHANCE S'pore Closing Times: Fa Cargo 2300 8/10 La Cargo- 1100 8/10 FROM EUROPE634 words
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Advertisement503 1981-10-06 27 MALDIVE LINES 10/10 n* ETA ETA STOW KIMNT/M POUT KELANG MALDIVE PROMOTER 10/10 15/10 Loading For Hodetdah MALWVE PROGRESS 10/10 15/10 Loading tor DUBAI/BAHRAIN/ KUWAIT MALDIVE PRIZE Sailed Sa.led Loading tor Hodeidah MALDIVE KKHBOUR 18/10 Loading For Jeddah/Jtbouti MALDIVE NAVIGATOR 10/10 20/10 Loading For Mukkalla MALDIVE NATION 15/10 Loading For503 words
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Advertisement796 1981-10-06 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD S*SO» BUtDMG 55. Marttl Street Sintapere 0104 TefcptaK Itaefcefi *****3 (IS Lues) Cable Address SMSOV SMGAPORE Tetei Numbers RS ***** RS ***** RS 251 M f KELANG PEMNC JK S IST **> noon KSSRS HAI THONG SHTPWC 23 wetd Qui, P«»J«* X RIANC796 words
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Advertisement94 1981-10-06 27 m PEACE LINE AUSTBAUA: SYD, MLB, BUS. ADEL, FKM vessel ETA PEACE I 6.10 *1 PEACE I U. 10.11 ItW ZEALAND: AUCKLAND, NAPKX, NELLMGTON VESSEL HA PEACE A 14.10.tl PEACE B 20.11.fl ALSO ACCEPTMG CAMO FOR HONG KONE. TAINAN Lps jT tb UNDERPRISE PTE LTD •A MOUNT FAKft ROAD ((MM)94 words
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Page 28 Advertisements
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Advertisement306 1981-10-06 28 EGYPTIAN IWTF D W ATIHKJ Al I IKJC (II INTERNATIONAL LINE |EIL> EGYPTIAN FLAG DHRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) stgk nsm nsm mam** CXCRNC DOT 1 Oct IS N* 1 H» 4 M» t 2??*" 2E ?J Mm 14 Hn 17 •*E 0 Wl7 Hn 7 MM>306 words
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Advertisement301 1981-10-06 28 S. SUNRISE S. PRINCE (AH Soudi Flog V*u«o SIN PK Loodng tor--10/10 DUBAI, DAMMAM. am 25/10 27/10 DUBAI, DMBMM, JEDOAH TVNKS XTM SON aw I* *****4/*****0 TUNAS Sf ll* SON M> I* *7375 TRANSTIMBER LINE BULK TIMBER SERVICE EVANGELOS D. DERBY P Xrianf (|»h Mon Sin PK Lo«** torSalad In301 words
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Advertisement318 1981-10-06 28 KAWASAKI KINKAI KISEN KAISHA, LTD.. JAP AM/STIUUTS/JAP AN Fully Containerised Service Vend Tokyo Kobe Spore Penang P KeUn| Spore Tokyo Kobe NORDSTAR VI Sd SM 10/10 12/10 13/10 IS/10 77/10 29/10 NORWAY ¥11 7/10 0/10 19/10 20/10 22/10 23/10 (/ll 4/U K fniD VI 22/10 24/10 3/11 5/11 4/11 l/U318 words
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Advertisement173 1981-10-06 28 ft JOHORE SHIPPING Lq 15>3 _>Al AN TfcNGKU BADAR PORT CEI ANG SEIANGOR Malaysia ■M'Ft HAJ SHIPPING VVI SDN. BERHAD tipress Unttoad Service from P Mar* East Maiaysii t Brunei (Accept** cargo tor poletmg m LPK Gdn No 3 (South Port) aBINTULU CONTRACTORS SDN. BERHAD 37. Pandean M Kudnc, Sarawak.173 words
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Advertisement38 1981-10-06 28 EN6 6UAN SHIPPING (PTE| LT EMHf ROOM 702 7th FLOOR ROBINA HOUSE 1 SHENTON WAY SINGAPORE 0106 TEIS *****88 *****89 *****63 ETA nu DESTINATION MGAXVN iMVt SiD Surabaya SKA 12'10 14(10 Surabaya A VESSEL I< 10 10/10 Jakarta38 words
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Page 28 Miscellaneous
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Miscellaneous133 1981-10-06 28 Regional Weather e 1 V* *4< SIGNIFICANT WEATHER AND SEA CONDmONS AT 7.30 A.M. THIS MORNING. Temperature Weather °C a mn Wind direction with speed in knots Cloudy Sky Wave height Sutnee vM are Indicated by arrow* which fly with the wind One fuU circle represents calm or light and133 words
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