The Business Times, 14 October 1981
1981-10-14
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The Business Times
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Title Section10 1981-10-14 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, OCTOBER 14,1*81 60 CENTS10 words
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Article257 1981-10-14 1 RICHARD SEAH - Mission to attract By RICHARD SEAH A TEAM of machinery specialists from Singapore is conducting a seminar in London today to woo British machine-tool and industrial machinery companies to the Republic. The team, comprising members of the Economic Development Board, Development Bank of Singapore and the257 words
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Article675 1981-10-14 1 FLORENCE CHONG - ROBIN, GENTINGS MAKE IT By FLORENCE CHONG MULTI-millionaire Robin Loh and the Malaysian Gen ting group have made it to the short list in the race to secure the licences to run Queensland's first two casinos. They are among nine candidates who have survived the culling from675 words
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400 1981-10-14 1 WONG AI KWEI - By WONG AI KWEI SINGAPORE'S exports of manufactured goods to Japan continued to grow last year although the Japanese imported less from Asia's four newlyindustrialised countries (NICs) as a whole. The Republic's total manufactured exports to Japan rose from $256 million in 1979 to400 words
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Article, Illustration392 1981-10-14 1 AGNES WEE - By AGNES WEE MR TAN Tian Boon, S3, retired general manager of Juroog Town Corporation, will not take up the post of general manager of the government-owned Housing Management Services (HMS) after all. Mr Tan, who retired early, was to have Joined HMS, a392 words
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BRIEFLY...
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Article59 1981-10-14 1 Reuter KUALA LUMPUR, Tues. The Malaysian government will soon introduce legislation strengthening its control over the Kuala Lumpur Stock Exchange to wipe out undesirable practices, parliament was told today. Deputy Finance Minister Datuk Najib said the 1973 Securities Industry Act would be amended because of irregularities on theReuter - 59 words
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Article77 1981-10-14 1 UPI NEW YORK, Tues. Trendsetting Citibank and Continental Illinois Bank of Chicago lowered their prime lending rate to top corporate customers a full percentage point today to 18 per cent from the prevailing 19 per cent. That pushed the key charge to its lowest level since May.UPI - 77 words
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Article47 1981-10-14 1 Reuter CAIRO, Tues. Egypt's new leadership says there will be no change in its open-door policy for foreign investment. The killing of President Anwar Sadat makes it unlikely that the government will heed foreign pressure to cut spiralling subsidies on food and other essentials. ReuterReuter - 47 words
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Article65 1981-10-14 1 Reuter FRANCE, Tues. A Common Market commissioner today supported a report to the European parliament, criticising multinational companies, saying that strict checks should be made to ensure they do not abuse their economic power. Karl-heinz Narjes, European Economic Community. (EEC) Commissioner far Intern* Trade, told the 434-memberReuter - 65 words
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Article56 1981-10-14 1 UPI HONGKONG, Tues. Cracks in the main runway forced a four-hour closure today of Kai Tak Airport, causing flight delays, re-routing and cancellations that inconvenienced thousands of travellers. Inspectors found the cracks in a section of runway that had been resurfaced and emergency repairs were immediately conducted, theUPI - 56 words
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Article83 1981-10-14 1 AFP TOKYO, Tues. The Japanese Ministry of International Trade and Industry today denied British press reports that Tokyo was refusing to take part in trilateral trade talks with the United States and the European Economic Community scheduled for late next month in New York. According to the reportsAFP - 83 words
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Article82 1981-10-14 1 UPI PARIS, Tues. Foreign Trade Minister Michel Jobert, discussing France's sale of a nuclear reactor to Iraq, said today that any country able to buy a nuclear plant can ultimately manage to build its own atomic bomb. "Let's not play hide and seek," Jobert told the leftistUPI - 82 words
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238 1981-10-14 1 THE NaflMMl Pradaeqvlt» Baard's empkaato m tnimla* artivtttee In p*M all kaadaaaaely. Last year, tke kttrt ■•re tkaa intm lis toIw® nmIVC^ Aeeardlag to NPB'« totect l repttt, laetme tocrcaaei frea flJlZfii to IV» to tost mr. Tralilii fees, titilliag $1,f13,M1, MetiiM for238 words
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345 1981-10-14 1 ALVIN TAY - By ALVIN TAY DESPITE rising demand for car and bouse financing, total loans and advances of finance companies during the month of August declined for the first time since May 1978. Latest figures released by the Monetary Authority of Singapore (MAS) show total345 words
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Article92 1981-10-14 1 PRESIDENT-elect C V Devan Nair has resigned as MP (or Anson as well as a cadre of the People's Action Party. His resignation from Parliament and the PAP is necessary before he assumes* responsibility as President of the Republic. Part of Mr Nair's letter of resignation92 words
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Article55 1981-10-14 1 IT WAS implied in yesterday's Business Times that there are only three authorised dealers for Apple Computers in Singapore. The general manager of AVS Electronics Pte Ltd has pointed out to us that AVS is a fully authorised dealer and he believes there are others, apart from the55 words
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Page 1 Advertisements
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Advertisement223 1981-10-14 1 7T? [CMDS UMNO Youth Leader Datuk Haji Suhaimi said he is "quite happy" with Pegi Malaysia chairman's explanation of the latter's tie-up with Multi-Purpose Holdings to acquire a controlling interest in Dunlop Estates Page K COMPANIES may soon be able to compare their productivity levels with those of other companies223 words
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Advertisement59 1981-10-14 1 /&^/[.[??][`>%]@.(>/)"'-\>"_/<[ ONLY A BIG AND WELL KNOWN •://:AY. WOULD RENT YOU A CAR WITHOUT CASSETTE/RADIO AND CASSETTES. At BTW, we have to do a lot more to win you over from our famous competitors. A cassette/radio and cassettes is just one extra you'll find in all our cars from the59 words
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Advertisement171 1981-10-14 1 BALLY oj Switzrrland Are you often tired, tense and anxious? Do you suffer from backache, rheumatism or varicose veins? Do you have a weight problem? Are you worried about your heart? Has your urge to'get up and go' got up and gone? s Donald Norfolk believes that many of our171 words
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Page 2 Advertisements
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Advertisement449 1981-10-14 2 3i m %<? '&MI r S*tS V -'<■ *1 V *W*xm $r#l i vW J*,v gj -:--1 "<v U «E» >: V.T« >;'> ,s> lisPslsil >ak';- ,i"i <&/.>•■•■•■ v .v/. v WmAWWMKIiv o,", v y v 1-; -A >.-\"5- <£** V w- HPK '-^S a3aa^ -iS*' > «<'*•> V' rfKriS^'449 words
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Page 3 Advertisements
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Advertisement221 1981-10-14 3 Richard Ellis Wo'id woe C H Williams (Pte) Ltd SALE BY TENDER Valuable Freehold Commercial Site KALLANG ROAD Address 2 Padang Jeringau (at junction with Kallang Road) Lot Number 155 4 T. 5.17 Land Area 2,598 m 2 (27,965 sq ft) Zoning Comprehensive Development Planning In-principle approval for 7-storey showroom/warehouse221 words
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Advertisement512 1981-10-14 3 Dataprep is now serving time Thanks to CDC, Dataprep now offers you the famous Cybernet and SBC CALL 1370 time-sharing computer services. Dataprep now expands its business relationship with Control Data Corporation, to serve you time for the Cybernet and CALL/370 time-sharing computer facilities in Singapore and Hong Kong. Cybernet512 words
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TRADE AND INDUSTRY
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424 1981-10-14 3 LOH HUI YIN - By LOH HUI YIN THE JAPAN-Singapore Institute of Software Technology (JSIST), which will begin operations early next year, may run short courses for programmers to alleviate the shortage of such personnel in the growing computer industry. This was disclosed by the project leader, Mr Hajime424 words
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Article312 1981-10-14 3 WONG AI KWEI - By WONG AI KWEI COMPANIES may soon be able to compare their productivity levels with those of other companies using indicators compiled by the National Productivity Board. This is because NPB will expand over the next years its research and development activities on productivity indicators. Business Times understands312 words
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616 1981-10-14 3 THE 10-DAY Singapore International Fair '81 ended on Sunday with more than |1 million worth of retail products sold and orders secured. Several foreign exhibitors also found local trade agencies. Fraser Boats and Trailers secured orders worth about $700,000 for three616 words
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397 1981-10-14 3 ELECTRONIC components is likely to remain the sector that will produce the largest output within the electronics industry in 1990. However, part of its share may be taken over by the industrial electronics sector. Of the three sectors of the electronics industry (namely, industrial, consumer397 words
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Article, Illustration431 1981-10-14 6 AGNES WEE - By AGNES WEE A NEW block of three storey showroom-cum-facto-ry building will be built by Juroog Town Corporation (JTC). It will be the first of its kind to be built by the corporation which usually builds them two-storeys high. Eight units of the showrooms (please431 words
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PEOPLE IN BUSINESS
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Article98 1981-10-14 6 has been appointed general .nanager of Tan Chong Realty, a wholly owned subsidiary of Tan Chong Motor Holdings Bhd. Mr Ong, 32, joined the Ministry of Defence as an executive quantity surveyor on his graduation in 1972. Between 1976 and 1981, Mr Ong was involved98 words
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Article110 1981-10-14 6 chair- man of International Public Relations (Singapore), has been elected regional vicepresident for Asia and the Pacific of the IPR group of companies Inc. The group, which held its annual regional meeting in Bangkok last week, has 86 offices in 42 countries. Its members employ more than110 words
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309 1981-10-14 6 THE PUBLIC Works Department is setting up an Energy Research Unit to initiate and coordinate research on energy conservation in government buildings. A report in the October issue of the Science and Technology Quarterly said the PWD is in a position to go into309 words
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Article364 1981-10-14 6 LIM SOON NEO - By LIM SOON NEO JEWELTIME, an international jewellery and watches exhibition, may be held annually here instead of once every two years. Mr J Pinsler, honorary secretary of the Diamond Importers Association of Singapore, said the second exhibition, which ended here on Monday, fulfilled its364 words
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Article, Illustration445 1981-10-14 6 THE NATIONAL Association of Travel Agents, Singapore, (Natas) will hold its first car-rental seminar at Sea view Hotel on Nov 4. The one-day seminar will cover all aspects of the car rental business in Singapore today. There will be a panel of speakers from the Registry of Vehicles,445 words
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OVERSEAS
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Article592 1981-10-14 4 UNEMPLOYMENT MAY GO UP NYT THE Reagan Administration has become increasingly resigned to the likelihood of slow economic growth, possibly even a recession, extending to the spring of 1982. Aides to Mr Reagan said that if the unemployment rate, now st 7.5 per cent,NYT - 592 words
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177 1981-10-14 4 Reuter JAPAN will wark eat emergency Impart memrei wttoia the next twa idhUu to etuler Its bHmlag experts aad trt4e fiirUM with toe US and Weston Earape. A gaverameat iptkemiu mM i special cammlttoe weald be farmed today to dlaeass hew to lacreaae ImpartsReuter - 177 words
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Article529 1981-10-14 4 UPI. Reuter THE World Bank has concluded that China, which exported 265,000 barrels of oil a day in 1980, could be forced to import oil by 1985 because of declining crude output and rising internal demand. The Petroleum Information International, an oil newsletter fromUPI.; Reuter - 529 words
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309 1981-10-14 4 Reuter CHINA wants to postpone the manufacture and assembly of a US$46O million steel mill ordered from a German-led engineering consortium rather than cancel it. A spokesman for consortium leader SMS Schloemann-Siemag said the Chinese position emerged during talks in Beijing last weekReuter - 309 words
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306 1981-10-14 4 Reuter A SIX-POINT plan adopted by Industrial countries to expand production of synthetic fuels could increase significantly their self-suffi-ciency in energy by the end of the century. «The equivalent of an extra 1.6 to 2.6 million barrels of oil a day could be producedReuter - 306 words
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481 1981-10-14 4 AFP. Reuter THE OIL Minister of the United Arab Emirates, Mana Said A! Otaiba, said in Tokyo yesterday that bis country will try to freeze Opec oil prices at the current levels until the work) economy is stabilised. He also said there willAFP.; Reuter - 481 words
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575 1981-10-14 5 NYT FRANCE'S new Socialist government has said it will resist an attempt by A G Becker, a big US investment group, and several other foreign companies, to stop it nationalising the Swiss subsidiary of Compagnie Financier? de Paris et des Pays Bas (Paribas), aNYT - 575 words
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346 1981-10-14 5 UPI JAMES Tobin, 63, of Yale University, won the Nobel Prize in Economic Sciences yesterday for his analysis of market forces and their effect on investment. Mr Tobin, a presidential economic adviser in 1961-2, is the 10th American among 19 laureates to have won theUPI - 346 words
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249 1981-10-14 5 Reuter JAPANESE steel mills have declined to cooperate in a South Korean project to build a seamless steel pipe factory. Industry sources in Tokyo said yesterday that the Pohang Steel Company had approached major Japanese seamless pipe producers, including Sumitomo Metal Industries, with anReuter - 249 words
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149 1981-10-14 5 Reuter THE US has told the United Nations that it is spending far too much, but Sweden said that Americans spend as much for soft drinks as the world body and all its agencies receive. Swedish ambassador Anders Thunborg told the General Assembly's budgetReuter - 149 words
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WORLD IN BRIEF
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Article418 1981-10-14 5 Agencies AUSTRALIA'S balance of payments deficit as measured by net official monetary movements widened further in September to US$479 million from $271 million in August. The Statistics Bureau the deficit is the biggest since December 1375. This Japaaeee eeeaemy fa gradaally nrpaafcg M fa. meed experts, active capitalAgencies - 418 words
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292 1981-10-14 5 AP THE International Monetary Fund hat reported that Inflation in the non-commu-nist world averaged a record 13.8 per cent a year in 1979 and 1980. However, the IMF report «aid there were indications of tome easing of inflationary pressure in the second halfAP - 292 words
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Page 4 Advertisements
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Advertisement168 1981-10-14 4 QantasThe only daily one-stop flight toLondon. Every in ever vvay, it s unbeatable. The 747 Qantas Express lifts off for London every evening, every week of the year. As scheduled. So you arrive at Heathrow early the next day. And without a fuss. That's a service hard to beat. Even168 words
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Advertisement66 1981-10-14 4 Tho d«Hy Aircraft Schadula has baan hakl ovar. Flight information can ba obtainad by taiaphona from tha airport (*****34/*****33) or from tha raapacti>a airlinaa: Tal No: SIA *****33/*****44, Oaruda *****54. MAS *****22, CPA *****55, Qantaa *****44, BA *****55, KIM *****42/*****44, JAL *****44/55, UTA *****22. Information on othors can ba obtainad66 words
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Page 5 Advertisements
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Advertisement406 1981-10-14 5 n iif i rip The. modern breed of liberated businesswoman is equally happy businesslunching in the fun atmosphere of the new savoury pancake restaurant in the Tanglin Shopping Centre, Celebrities. Seen here enjoying 'Jacqueline Bisset' quiche lorraine, a Lome Greene' salad and French onion soup respectively are the wellinformed Peggy406 words
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Page 6 Advertisements
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Advertisement193 1981-10-14 6 Photocopying headaches? o it* mv: mm -r SK> -Atfh Just take one of these for instant relief I f!V fir just say oh say' Europe s New Generation Copiers Oce Hagemeyer iSingapore) Pte Lid, 900 Dunearn Road, Singapore 2158 Tel *****6 oce Take the Oc6 cure in the form of193 words
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Advertisement76 1981-10-14 6 i! Sa w ■t. tv«y ST f f I w »> </ ii If 4 la Wall/Floor, Extruded ceramic klinker tiles, proven and tested with German Test DIN ***** pavement, swimming pool and industrial uses. Polybuikfing (S3 Pte.Ltd. (Importers Exporters and stockist of ceramic tikes and marbles) Unit 340,3 rd76 words
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BANKING AND FINANCE
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Article100 1981-10-14 7 Reuter FRANCE spent almost a quarter of its official foreign currency reserves last month to defend the franc, according to economy ministry figures. The Banque de France, the country's central bank, finished September with 33.89 billion francs, or 9.74 billion francs less than at the beginningReuter - 100 words
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Article98 1981-10-14 7 THE ASIAN Development Bank is expected to provide Pakistan with a total of US$2OO million for various projects, bank officials said on Monday. A seven-member team from the bank is now in Pakistan to study projects receiving ADB aid. Funds provided during the current fiscal98 words
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Article85 1981-10-14 7 Reuter A SYNDICATE of seven Japanese trust banks and four life insurance companies has signed a contract to give the Asian Development Bank a 20 billion yen, 15-year loan, Mitsubishi Trust and Banking Corp said as lead manager. The loan carries an annual interest of 9 per cent,Reuter - 85 words
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Article327 1981-10-14 7 SENIOR executives here are still fighting shy of the specialised insurance policies, such as those protecting them from personal legal liabilities. According to Mr Ramesh Lulla, who recently set up his own insurance broking firm. Able Insurance, most company directors and senior officers in Singapore are reluctant to327 words
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299 1981-10-14 7 Reuter JAPAN'S Finance Ministry is studying a plan to establish an offshore dollar market in Tokyo and may submit legislation for this purpose to the next regular session of parliament starting late in December, sources close to the ministry said yesterday. The main problemReuter - 299 words
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Article92 1981-10-14 7 SURPLUS silver to be aaetieaed (rem the US goverameat stockpile from today cannot be delivered to tbe Commodity Exchaage lac (Comex), exchange soarces said. Cemex ruled that under tbe tonus of tbe government's weekly silver aaettons, wblcb restrict tbe metal's aae to domestic consumption, It cannot92 words
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Article68 1981-10-14 7 BANQIJE de Lladoeblae et de Saes will raine its prime lending rate by baif a pereeatage point to 15.75 per cent today. Tbe baab will be qaotlag higher late rest rates for short-term fixed depooIts. One-, three- aad sixmonth deposits will eara aa late rest of 13.2S per68 words
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332 1981-10-14 7 Reuter THE RALLY in the US credit markets should continue over the near term as the Federal Reserve further relaxes its monetary policy in an effort to spur the growth of the M-1B money supply. Money market analysts said the Fed's actions would beReuter - 332 words
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551 1981-10-14 7 LEE YOKE MENG - By LEE YOKE MENG BONDS have not been and are unlikely to become a major source of financing for developing countries, say a group of leading bankers surveyed by the International Monetary Fund (IMF). About 15 less developed countries (LDCs) have so551 words
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Article555 1981-10-14 7 BANKERS may now be more experienced in international lending, but most of them in the top league think the banking system is somewhat worse off than before. Slightly over half of the 50-odd banks which responded to a recent survey on international bank lending by555 words
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Page 7 Advertisements
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Advertisement115 1981-10-14 7 Leader page 8 Bee Pag« 19 Korea is now as close as your nearest DBS Branch r •t n W J f+* m j w t as y n a r '4 3 s A I v \t V v r Br :S 1 S A; *Vv \4 M -m115 words
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Article372 1981-10-14 8 THE USEFULNESS of any set of statistics, facts or figures depends a great deal on the input of information. Data collectors as well as the people who give them information play a great part in determining the validity of 'facts' compiled. Likewise, the accuracy and effectiveness372 words
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287 1981-10-14 8 UNLIKE BANKING which has become so much a part of the life of Singaporeans, the insurance industry is still comparatively less appreciated. The importance of taking out personal life policies is something which was instilled in the minds of people only not too long ago. This287 words
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Article, Illustration1559 1981-10-14 8 Employment prospects in the US are likely to remain bleak. President Reagan's new budget and tax policies, in the face of continued high interest rates and an uncertain economy, are an additional headache to the job seeker's gloom. WILLIAM SERRIN presents the mixed views aired byNYT - 1,559 words
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Article813 1981-10-14 8 TOM WICKER - FOBUH with TOM WICKER NYT IN HIS REMARKABLE conversation with former President Ford on their way home from Anwar Sadat's funeral, Jimmy Carter pointed to a truth about Middle East which Mr Sadat learned the hard way, but which now seems in danger of being forgotten. "ThereNYT - 813 words
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Page 8 Miscellaneous
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Miscellaneous669 1981-10-14 8 -11-OIE CROSSWORD «T CRYPTIC PUZZLE ACROSS 3 Do well to shed light on things (5) 8 Like a nosy tone of voice? (5) 10 Stand in an area seldom used (5) 11 Friend of the man at the piano (3) 12 Many a fool has quality! (5) 13 Lord's hats?669 words
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Miscellaneous789 1981-10-14 8 radio From single cell to infant A DELICATE Inspection at the prehirth kimu enndlMan af three expectant mathers is presented m the final episode sf the daeameatary series The Body Hamaa: The Miracle Maatks (eh ll.it). The pradaeers ased oalqae film teehaalagy Intermixed within the Individual stories to film u789 words
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Article, Illustration964 1981-10-14 9 LEE YOKE MENG - Diamond* are the investor'* best friends, but the speculator's tolly. "A realistic investor's motivation should be quite different from that of a buyer of diamond jewellery." By LEE YOKE MENG MICHAEL DICKS is one diamond investment consultant who will go out of his way to tell964 words
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Article701 1981-10-14 9 JEFFREY ULBRICH - By JEFFREY ULBRICH GOLD IS not dead, but the Paris gold market is in a coma. "It has become a skeleton there's nothing left but the bones," said Josette Rassion, who runs the Credit, de La Bourse, the French capital's largest private gold trading701 words
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Article172 1981-10-14 9 ANNE-MARIE NALPON (Miss - Letters to the Editor ANNE-MARIE NALPON (Miss) Public Relatiew Officer, STPB Dear Sir, I refer to the article "Promotional Fnnd" in Basiaess Times of Oct 3, 1181, aad wish to clarify three points. Firstly, 31 per cent of the 3 per cent eess on hotel sjml restaurant bills172 words
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Article200 1981-10-14 9 EXPLOITED TENANT - EXPLOITED TENANT Dear Sir, It is interesting to see that CASE is taking an interest in sales of Australian real estate in this country. But let me suggest that in common with all similar arrangements, CASE can find much to occupy its attention nearer home. I refer200 words
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Page 9 Advertisements
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Advertisement137 1981-10-14 9 When you drive one of the finest vehicles on the road, ift comforting to know there's someone who can keep it that way. Part of the pride of owning a Volvo is in keeping that beautifully engineered car at optimum performance. Leading Volvo engineer. Jan-Erik Karlsson and his expert team137 words
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MONEY AND EXCHANGES
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Article530 1981-10-14 10 NYT INTEREST RATES will rise to new highs in the next six months. Henry Kaufman, a prominent Wall Street economist, warned financial executives in New York last Monday. In the stock market, which was open for trading during the Columbus Day holiday, Mr Kaufman's forecastNYT - 530 words
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Article88 1981-10-14 10 MR WEE KIM WEE, Singapore's ambassador to South Korea, will officially open the Development Bank of Singapore Seoul branch today. The bank's deposit-taking company in Hongkong will be officially opened on Friday. This wholly-owned subsidiary, DBS Asia, was incorporated on Oct 22, 1979. DBS president Chua Kim88 words
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Article243 1981-10-14 10 SINGAPORE gold futures yesterday closed generally easier compared with overnight levels in light trading. Prices were marked down between US$4.5O and 17 an ounce at the outset following the metal's weakness in New York on Monday night and thereafter the market weakened further on some local liquidation and European243 words
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Article41 1981-10-14 10 New Yorfc M«a cloard PM 9CB Zurich 9 SOB 9 SBS 9.62B Singapore 9 70S Tw> 9 15B 9 82S Mm 9 SB Closing prv a trnv minn 9 35S in US <1 9.55S koUin Source: Credit Suisse, S'pore.41 words
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Article22 1981-10-14 10 THE average rale at which major Singapore bank* are currently prepared io lend io their best customers is 15.06 per cent.22 words
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Article185 1981-10-14 10 ASIAN ASIAN currency deposit interbank rates as at close on Oct 13. U8 Dollsrt(Spot) Offtr »T 7 days 14 V, 14* 1 month IS* IS 2 months 15* 15* 3 months 15* 15 V, 6 months IS 15/16 IS 13/18 9 months 15* 154* 12 months 1513/*****1/16 S»M Das. (MiMfe185 words
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Article47 1981-10-14 10 RANGE of prices often by dlscount house* i oa Oct 13: Ovwnifht T* Call depoa Its: to T% Bayia« MUa« 3-month Treasury bills 0H M 3-month Bank bill* 14 7/16 14 vie 3 months CD 14 1ST* 0 months CD 13* 13* Source: National Discount Co47 words
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Article211 1981-10-14 10 THE US dollar in London yesterday rose sharply at the opening, as Eurodollar deposit rates edged higher, while sterling fell, dealers said. The dollar rose to 2.2015/ 35 marks at the opening, from Monday's 2.1870/90 close in London and late Hongkong levels of 2.1990/ 2010. It later finned further,211 words
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Article481 1981-10-14 10 THE US dollar strengthened against the mark In "very volatile" trading on the Singapore market yesterday. Against other major currencies, trading was relatively quiet, with little changes between the dollar's opening and closing rates. The US dollar opened on firm grounds against the local currency, at 2.0810/30 compared481 words
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Article173 1981-10-14 10 THE US dollar for overnight delivery in Tokyo yesterday closed at 228.00 yen, unchanged from opening, dealers said. This was easier than a 228.20/60 close on the US West Coast, but sharply firmer than a 227.00/10 close in London and 226.55 in Tokyo on Monday, dealers said. Trading was173 words
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Article160 1981-10-14 10 THE US dollar in Hongkong yesterday advanced against most major currencies in late trading, dealers said. The US unit rose on a technical rebound, simply the result of Salomon Brothers' economist Henry Kaufman's forecast that US interest rates will decline to 16 or 17 per cent then recover to160 words
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Page 10 Advertisements
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Advertisement107 1981-10-14 10 -fi r MARINE OILFIELD ENGINEERING m m JP v P < •;r<. V> i Finish machining of piston crown. v\ Jr Bfik4 II w V*r rj* /a--i 2 2 fcST J I *4* Cylinder cover reconditioned by removing and replacing the damaged combustion face. f r v. V m ■x^m.107 words
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Advertisement51 1981-10-14 10 rofraoofdonty YEOHIAPSENG (MALAYSIA) BERHAD RIGHTS ISSUE OF 10,925,000 NEW ORDINARY SHARES OF $1.00 EACH AT A PRICE OF $2.00 PER SHAPE. This issue has been successfully managed by Arab-Malaysian Development Bank Bertiad Underwritten by ARAB-MALAYSIAN DEVELOPMENT BANK BERHAD BUMIPUTRA MERCHANT BANKERS BERHAD PERTANIAN BARING SANWA BERHAD MALAYSIAN INDUSTRIAL DEVELOPMENT FINANCE51 words
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RAW MATERIALS
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Article176 1981-10-14 11 CHINESE Exchange, Singapore, mm clasing prices per IN kg yesterday. CacMat ril: Bulk rob $113.50 sellers, old drum (in second hand drum) fob $127.75 sellers, new drum fob $132.75 sellers. Capra: Mixed (loose) $68.25 buyers. Pepper: Muntok white pepper fob Asta NLW $387.50 sellers, Sarawak white pepper faq176 words
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Article193 1981-10-14 11 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) CattM yarn: China Blue Phoenix 20s 2,450 32s 2,980. 40s 3,120 (per bale of 400 lbs). Piece gnads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article321 1981-10-14 11 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, Special321 words
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Article100 1981-10-14 11 THE STRAITS tin price In Penang yesterday held steady at M$35.5C a kilo, still nine cents above the 1TA ceiling of $35.47, dealers said. Despite lack of fresh incentive and operator caution over the outcome of this week's International Tin Council meeting in Kuala Lumpur, the market steadied100 words
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Article32 1981-10-14 11 Rubber: Oct 13 Singapore: Nov: 208.25 cents (up 0.75 cent) Malaysia: Nov: 237.50 cents (up 0.50 cent) Tin: M 535.56 per kilo (unch) Official offering: 200 tonnes (down 51 tonnes)32 words
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Article127 1981-10-14 11 WHEAT futures in Chicago on Monday closed near the top of a 14 US cent range, up 8 3 to 6*4 cents a bushel in revived trade. Traders attributed Monday's strength mainly to bullishly interpreted chart factors. Numerous computer fund and local buy-stops were touched-off when technical resistance levels127 words
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Article646 1981-10-14 11 COFFEE: Robusta futures yesterday ended the morning call slightly steadier at £10 to £11 higher, dealers said. Turnover totalled 665 lots incuding 79 rose trades. Initial gains were maintained on continuing weakness of sterling with no ther new factors to effect prices, dealers were awaiting the New York646 words
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Article130 1981-10-14 11 THE Kuala Lumpur crude palm oil market closed steady on buying interest in moderately quiet trading. October in the central was traded at M 5917.50 a tonne, while November in south closed at $922.50 and December in central at $925. South and central in January traded at $932.50.130 words
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Article212 1981-10-14 11 SOYBEAN futures in Chicago on Monday held gains late to close four to Vi US cents a bushel higher in revived trade. Steady speculative demand in response to the improved technical picture held values on the plus side, traders said. However, widespread commercial prehedge pressure on the close placed212 words
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Article415 1981-10-14 11 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int 1 R.S S prompt f o b 201 50 302 50N Int. 1 R.S.S. November 206 00 207 00 Int. 1 R.S.S. December 2X2.50 213 50 Int 2 R.S.S. 172 00 173 00N UK Coot415 words
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Article120 1981-10-14 11 NOON SSI and SMR r >tkm ye*terday MAS Nettak wr Dtnabtr (Current Mtk) (Forward Mtk) SSR 20 (lton pallet) Buyer* Sailer* Buyer* Seller* ICS SO 171 SON ***** 172. SON SSR SO (1-ton pallet 1 167 50 188 SON 166.50 170 SON HUU NtvrHber Dmaktr SMR CV120 words
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Article217 1981-10-14 11 RUBBER prices in Singapore yesterday closed slightly firmer with November One RSS buyers quoted at 208.25 cents per kilo, up 0.75 cents from Monday's close, dealers said. The morning market closed unchanged around Monday night's closing levels of 207.50 cents per kilo after fluctuating narrowly on profit-taking and some217 words
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222 1981-10-14 11 AP CHILE holds more than a quarter of the world's known copper reserves, the chief executive of Chile s State Mining Corporation said in London on Monday. General Gaston Frez, executive president of the Corpora cion Naeional Del Cobre Del Chile (Codelco,)AP - 222 words
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Article, Illustration336 1981-10-14 11 Reuter TIN consuming countries are likely to resist an increase of more than 5 per cent in the International Tin Council (ITC) buffer stock price ranges at the ITC meeting in Kuala Lumpur. The EEC is likely to leave on the negotiatingReuter - 336 words
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Page 11 Advertisements
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Advertisement255 1981-10-14 11 Yale Industrial Trucks YALE AND YOG. If your industry depends on strong, reliable lifting power then it's time you started looking at Yale. Yale's range of trucks can handle any job from 1000 kg. to ***** kg. weight with maximum productivity, economy and reliability. Behind each Yale Industrial Truck is255 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article151 1981-10-14 12 OCT 11 ru ABN 201.00 13 AhoM 62.00 -OJ Akao ajo 0.1 Aifrv 90.10 -3.1 Aolu OOJO unch Amrobnk 54.60 +0J 57" Mi.80 3000 OJ Boll 60.00 -OJ u 1QL00 Burbmann 60J0 -1 Caiand moo -OJ Caiv« D»«t 100 00 -s Dtll Mil 1160 -0.4 Ennla 1WM 0J rokkar151 words
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Article231 1981-10-14 12 OCT 12 Fra CORBEILLB Air-Liquid* BIH Otrals Dtnont CSF (ThoaiaooCW rimnctiM PatrolM 0 —r-cnn nn&AcUr* Compagni* Oanaru* Cwdlt Ponder Do Prance Hachett* (UbraiiK) Warhln— Buu KIclMlln (B) Pulbaa Ftdilnq C1«iim Kuhlmtnn Piupot Philip® (Nv Oem Prtntemp* 8 A Rhone-Pouianca 8A Royal Dutch Sow (Cla Ptnan Do) Tbomaaa-Bnndt UUnor «1231 words
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Article88 1981-10-14 12 OCT U rr» FORWARD MARKET Aeae Arbad m 1MB -S -30 Aatur Bruetn TO 4 Bru-Lamb 101# -t Cod?*! ItSt IS M Ok Pun US -J Kh» iaa 11 Dactrobal IS Ob-Inno-Bm ll» -8 On 1« uncfc Hobo* 879 56 P»tro -U Rjt Dutch UH -It ■bra 10U uncli88 words
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Article201 1981-10-14 12 OCT U 9 Dm A*f-T*iafunk«i «40 -1« Akao aui L» Alia V* >an 1438 00 ***** J I Baa 134-30 -U RE KB IBM aioo -1 -2 Bayar BBC DM JMLSO -3-3 •13 BMW 110 00 -4 CunlU Cham Vtw ComoMrebank Conu Oummi Ml 21 MX) ZZ 05 -03201 words
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Article162 1981-10-14 12 OCT U rrvtea Action* MU -H wp unch AlusulaM Rm Brown Bonri Br 360 unch iao m Cite o«ta Br. 1100 Clt* CXIC7 P C 000 unch Cite Oalcr Rm su -a Cradlt Bullae Br XI00 J6 Credit SuUH fUf 300 *U EtektrowaU Br. XI40 *9 Omega rtacbar Br162 words
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Article78 1981-10-14 12 Aaoc 0«n 5M 1 -MM BMtOBi Cantnl* m -M "•> ri/uKter 1S10 a -a Om lBsot l*i m LMO -a .<* IMlnantt ItAlfU It&UkWr ktafiwtl M Pf mom at M :«D •t •1 Maratll Ere VUJC llMllnh i£H -MM Ulrtlua Hootetot 1WI on I -1M MwitoHw Motto Bfto IMJO78 words
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Article156 1981-10-14 12 Reuter NCR CORP expects results for 1981 to be below 1980's record earnings of U*****.7 million or $9.51 per share. This is because it expects business conditions for the next several months to remain difficult as a result of high US interest rates, continued strengthReuter - 156 words
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Article233 1981-10-14 12 OCT U Rand INDUSTRIALS Abarcom AX And n m «r -i A MIC «-rm 1M uncb C*A Cam* Pmanc* D» Bnri ind Edcon TO m m m uncb fWMdt Ftd v3k m OuOu OtaoanJ fllllMlli m 1 -tt sa Huiatla '■■"1 Unrbo LTA *M Ul m -M M And233 words
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Page 12 Advertisements
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Advertisement193 1981-10-14 12 "The American Express Card serves you well, wherever good food is served Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. Restaurant Lounge 10.30 a.m. to 10.00 p.m. DOLPMN CAFETERIA Ist. Floor, World Trade Centre, Tel: *****11/2 A? oy Set in traditional Chinese decor, X" MEISAN SZECHUAN RESTAURANT exudes193 words
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Advertisement159 1981-10-14 12 i JLiiu/r Wj J k 4 hor banquets, For a)nrenti< >ns For other functions of tuneless finesse. Functions for up to 2HO guests International menus to choose from Complete range of audio visual equipment Ample parking space Jii| k J k O cnliin I 'iii'k Slhtmloii *Si»«»■•«' Nassim Hill Singapore159 words
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Advertisement171 1981-10-14 12 _/$),*@.\_.'*&?%+%)/~}>=-'>]!', m\ (o\n\i \i,S K!SI\ I R I Ixf. MV Vt >11 fl\ ;IV ti> f< >tvit:n !,iikK, Ik\ kr: 1 nir I\l'_l V tllc'll 'Hit till' I"l\v( MU I H'l It v Rfst.llir.lllt. l\cl;i\ ui mtitn.itc MirrounJmu> .111 J I IK- .ind dlllf Oil tlu- in« m Mijx rh171 words
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Advertisement150 1981-10-14 12 Inn Of Happiness 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, |Aa please call 737-2233. E5l HMON NTERNATIONAb SMGAPORfi Where The Workl Is150 words
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Advertisement121 1981-10-14 12 thattka» Isexp The nwooiir s anK. Far The Gabon my pprw and the Cockpit Hoed, its (anmkinp ace the ray foot; I haven. OdqrKa^PM^lMdtSapfov Tet *****11 (20 hm) mm}*#' restaurant c?l gourmet 's delight We have dishes to make you smile. Delicious cuisine from the Hunan Province. o^3 In the121 words
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ASIAN STOCKS
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Article436 1981-10-14 13 SHARE prices in Tokyo yesterday fell slightly in thin trading with many investors holding off in view of the high level of margin buying, dealers said. The market average shed 4.63 to 7,583.17 on a volume of 280 million shares. The Tokyo Stock Exchange index dipped 0.78436 words
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Article76 1981-10-14 13 THE Manila market yesterday closed mixed in quift trading, most stocks wen unchanged except for Lepanto B which rose and Oriental B and Philex b which (ell. OCX U Nm BhSmcSo. B sua uncA mr ttoodrtch MuH anch CDCy 4M nacta Limn 1 J1 iiw B TJO nacb Ortaatal76 words
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Article243 1981-10-14 13 HONGKONG STOCKS In Hongkong yesterday closed lower under pressure of profit-taking but trading was quiet with buyers generally sidelined, dealers said. The Hang Seng index fell 22.24 points to 1,312.97 after Monday's gain of 32.79. The market softened on the diminished prospect of a cut in local243 words
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Article324 1981-10-14 13 STOCKS involved in the Canning Basin oil search rushed to the foreground as rumours of impending good news from the Blina No 2 well hit the floor near the close of trading, dealers said. Blina 2 is an appraisal well for the Blina 1 well which324 words
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Article105 1981-10-14 13 SHARE prices in Bangkok yesterday closed mixed in inactive trading which centred on the finance group, dealers said. Bangkok Bank rose two baht to 234 and Thai Farmers Bank two to 230 while Saha Union fell one to 141 and Rama Tower dropped 0.50 to 56.75. OCT U Bkhta105 words
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Article1024 1981-10-14 13 NEW YORK stock prices on Monday erased most of their early gains and closed mixed in light trading. Analysts said stock prices were weakened by investor concern that the currently slack economy could slip into recession. Institutional trading was particularly light, largely due to the Columbus1,024 words
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Article52 1981-10-14 13 FINANCIAL TIME8 INDUSTRIALS Monday 491.0 Friday 488.2 Week Ago 490.4 DOW JONES AVERAGE INDUSTRIALS Monday 909 48 Friday «73.00 Week Ago 869.87 H.K.HANG SENG Tuesday 1312.97 Monday, 1335.21 Week Ago closed AUSTRALIAN INDUSTRIALS Tuesday 091.0 Monday S91 2 Week Ago 882.9 ALL ORDINARIES Tuesday 596.0 Monday 597.0 Week52 words
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Page 13 Advertisements
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Advertisement55 1981-10-14 13 This announcement appears as a matter of record only PEG I MALAYSIA BERHAD (Incorporated in Malaysia) RIGHTS ISSUE OF 7,*****6 SHARES OF $1.00 EACH AT A PRICE OF $2.00 PER SHARE Managed by 0 CHARTERED MERCHANT BANKERS MALAYSIA BERHAD Underwritten by AMANAH-CHASE MERCHANT BANK BERHAD ASEAMBANKERS MALAYSIA BERHAD CHARTERED MERCHANT55 words
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Advertisement928 1981-10-14 13 r ii i B LI 0 -1 H k. «MtMl till mim TT7TTTTTI (HI N N r IHI Hi U I U N M r m m r I nn f r r r r n u t lIIH® 1 iTnii aaiijil Hi Hi lIHi T ITTTTVffTTTTTTTTTTT '3 3 3^T^tJa^^a928 words
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1474 1981-10-14 14 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Ac ma (156B)1,474 words
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Article184 1981-10-14 14 aNOAPOUUMTTH m DIAMOND MCI rrro* B Diamond**"' i Mr Oe* 14) The Commerce 2.71 212 The Saving* Fund 1 (3 1.71 S'pore Fd(USI) 0.83 0 88 S pore Proj Fund 1.23 iaxd SI 1J3 S pore Sec Fund I K U5 (SepHtoday) S'pcre Invest Fund B.M 101 S184 words
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Article2777 1981-10-14 14 Gr's Gr's Net 1981 Last Div Div YHd P/E Vol Day Hick Low Company Sale or- C'vr (•000) High Low 8ECTION ONE INDUSTRIAL COMMERCIAL 494 250 Acma 255xd -13 14.5 35 5.6 9.1 1 255 255 Alcorn 144 4.8 25 35 245 350 130 Allied Choc 1522,777 words
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Article1461 1981-10-14 14 BID and offer prices nffiriaiiy 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. DUKXIKIAUI Almm (1KB) (J) L2T (8) 1» (5) LB art A Qn1,461 words
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Article177 1981-10-14 14 BANDAB Baja Dnii) mm* BoM: BOOM to be held at the Board Room of Multi-Purpose Holdings Berhad, 16th Floor, Wlsma MP I. Jalan Ra)a Chilian. Kuala Lumpur on Oct 9 at 11 am. MALAYAN A Dredgteg <M) lirtwl: EOGM to be held at Wlsma Bunga Ray*, 152 Jalan177 words
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Article634 1981-10-14 14 THE stack market elaset Mixed yatufcy with Mae ehtps galatag greaad bat speealattve centers geaer» Tradlag velame waa agala law, Indicating that there la still uncertainty Oa balaaee, galas la MMMIaI blae-eblpa eat* Mil lay braak, the Straits Tlaies ladastrlal ladex shaweS a gala s( I.U634 words
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Article606 1981-10-14 14 DULL trading remained at the Kuala Lumpur stock market yesterday with price moving rather slowly as many counters moved little from their overnight levels. Interest was better in the morning following a steady start but as the day progresaed, it was clear that market operators606 words
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COMPANY NEWS
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Article, Illustration3586 1981-10-14 15 In the aftermath of the recent collapse in share prices, the Kuala Lumpur Stock Exchange has once again become the focus of much criticism ranging from mild to acerbic. Allegations of conflict of interests, belated measures to restrain excessive speculation and the like3,586 words
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Article309 1981-10-14 15 MBF Holdings has received a total of HKJ24.68 million over the past two months from the liquidation of San Imperial Corporation. Following the initial distribution of $3.07 million liquidation proceeds last month, MBFH's subsidiary Malaysia Borneo Finance Corporation (M) Bhd (MBF) has received a second and final309 words
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Article173 1981-10-14 15 PERAK Carbide Corporation Bhd will be renamed Malaysian Resources Corporation. The name change was approved by the company's shareholders at an EGM held on Monday. Shareholders have also approved the increase of the authorised capital of the company to $1 billion by the creation of173 words
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Article366 1981-10-14 15 HONG LeMg Flaaaee Ltd has announced 1.36 per cent of its issued share capital is beneficially owned or controlled by foreign persons. The percentage was based on declarations received by the company as at Sep 30. TAT Lee Baak Ltd, on the other hand, said the foreign beneficial366 words
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Page 15 Advertisements
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Advertisement60 1981-10-14 15 EFFECTIVE OCTOBER 14.1981 TO APRIL 14,1982 INTEREST RATE FOR THE US$lO,OOO,OOO THE DAI-ICHI KANGYO BANK,LTD. NEGOTIABLE FLOATING RATE CERTIFICATE OF DEPOSIT DUE OCTOBER 16,1984 SHALL BE 16 "/ie p a. REFERENCE AGENT: MORGAN GUARANTY TRUST COMPANY OF NEW YORK SINGAPORE OFFICE REFERENCE BANKS! BANK OF AMERICA NT AND SA SWISS60 words
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Advertisement125 1981-10-14 15 NEW ISSUE These securities having been sold, this announcement appears as a matter of record only. OCTOBER 1981 U.S. $30,000,000 Sumitomo Finance (Asia) Limited (Incorporated with limited liability in the Cayman Islands) Guaranteed Floating Rate Notes Due 1988 <► Unconditionally guaranteed as to principal and interest by The Sumitomo Bank,125 words
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Chief Price Changes
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Article153 1981-10-14 16 Rises Indices Utd PluttUoM H L*oi| Credit 510 730 80 30 Oct 12 Oct 13 M Brtwtriei 450 >30 BT Indicator: *****2 *****9 VAN DBS 8*ak Shipyard 510 730 505 28 25 25 Industrials: Finance: 646.10 1362.02 650.78 1364.14 U P P 1S5 19 Hotels: 1010.45 1013.13 Milw ftaills153 words
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Article, Illustration151 1981-10-14 16 SHAKE prices were mixed yesterday with Mae chips higher sad speculative counters easier. The Straits Times ladastrial Index rsse 4.18 points to CM.7B while the Baslaess Times Index gained \jm points to 116,259. Rises Indices Boustead Utd Pit 288 550 30 +30 Oct 12 Oct 13 Rothmans 790151 words
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511 1981-10-14 16 «■lll Companies Editor: Mano Sabnani UMNO Youth has been given a long explanation behind closed doors by Pegi Malaysia's chairman on the company's recent venture with Multi-Purpo6e Holdings to acquire a controlling interest in Dunlop Estates Berhad. At the end of the two-hour meeting on511 words
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Article213 1981-10-14 16 GUTHRIE Corporation, the giant Malaysian plantation company, will invest $50 million to set up a 9,700hectare palm oil estate in Sri Lanka's north central province. A Sri Lankan government spokesman said that under an agreement signed in Colombo on Monday by Guthrie and Sri Lanka's Ma haveli213 words
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Article722 1981-10-14 16 LONDON, Tues. Share prices closed easier today although above the day's lows in quiet trading, dealers said. At 3pm the Financial Times Index was down 8.3 points at 482.7. Most of the day's falls came in early trading, following further sterling weakness Closing middle prices of selected stocks,722 words
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Article120 1981-10-14 16 HARRISONS and Crosfield Ltd's subsidiary Harrisons Malaysian Estates Ltd is continuing talks with the Malaysian government over selling some of the parent company's stake to local interests, chairman John McLeod said. He said after the annual meeting, however, that no percentage for the potential Malaysian holding has120 words
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Article319 1981-10-14 16 THE chairman of the Kuala Lumpur Stock Exchange has affirmed that the Singapore and Kuala Lumpur stock exchanges are not drifting apart although policies about operations are different at the two exchanges. The two exchanges still share common listing requirements and maintain close links with319 words
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Article740 1981-10-14 16 mm*** by HOCK LOCK SIEW THE recent sharp decline in share prices has taken many price earnings ratios to seemingly more acceptable levels, and as we said earlier, the time may have come for potential buyers to begin selecting their purchases. No, we are not suggesting thatby HOCK LOCK SIEW - 740 words
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Article96 1981-10-14 16 AP NEW YORK, Tues. Stock prices were mixed this rooming in a muted response to a new prime rate reduction by several large US banks. The Dow Jones average of 30 industrials dropped 0.38 points to 80.10 in the first half hour, but gainers took a 6-to-5AP - 96 words
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Page 16 Advertisements
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Advertisement210 1981-10-14 16 NOTICE To the holders of the floating rate U.S. DoMar 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 interest Period210 words
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Advertisement189 1981-10-14 16 TITT-lr v V a;„ 4 4 d <g r -4 i s *r > :Ji V -> v r. Z ---Vi^VV'aw JT7T- -^jW= n r. <"' 3 JTS If you're planning a convention for between ten and a hundred people, you will want to consider The Genting Convention Special Package189 words
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Page 16 Miscellaneous
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Miscellaneous67 1981-10-14 16 Outlook for Singapore from 6am to lpm today: Thundery showers in several areas around dawn becoming generally fair by mid-morning. Report tor 24 toon prior to 7Jt pm m Oct 13 at toe airport: Maximum temperature 29.2 Associated humidity 74 Minimum temperature 23.4 Associated humidity 97 Hours of sunshine 1.0567 words
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SHIPPING TIMES
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422 1981-10-14 17 A RESIDUAL general cargo service from Liverpool and London to Malaysia will continue to be required in spite of the rapid development of container services, said Mr A. Rahim-Ismail, managing director of Malaysian International Shipping Corporation's (MISC) European office. At a shipping reception in422 words
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682 1981-10-14 17 G DURAIRAJ - By G DURAIRAJ GROWING activities by independent operators have affected the competitiveness of liner shipping companies in the major deep-sea liner trades, says a maritime report published by the Organisation of Economic Co-operation and Development (OECD). The report claims that the growth of state-owned682 words
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PORTSIDES
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Article88 1981-10-14 17 Reuter SHIPBUILDERS in Japan, South Korea, Britain, East Germany, Spain, Yugoslavia and other countries have submitted proposals to sell 67 new ships to India, Indian Shipping Minister Veerendra Patil said. The proposals, covering the sale of cargo ships for the state-owned Shipping Corporation of India (SCI)Reuter - 88 words
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Article108 1981-10-14 17 Reuter TAIWAN will no longer depend on foreign vessels for trade expansion from early 1964 when its second-phase shipbuilding programme is completed, Chinese Communications Minister Lin Chin-Sheng said. Reporting on the transportation and communications development at the legislative yuan (parliament), Lin said the country's merchant marine fleetReuter - 108 words
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Article674 1981-10-14 17 3 f I > Page CM Adriatic Cost AIM ATro-Eurula Alfred CT Aiitruv A**c Angtruun AltfMW ANL API ArfcaUae ASCL AjU Merrfcant AUaa Um AHUtftUv AuatralUa Coat Bait-Orient Baltic Bangkok Coot Hinflidfti Line BBS Bci Liar Bn Ocean Ben Aria Brabulk Btntuiu Birkart Blur runnel Blue Star674 words
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Article433 1981-10-14 18 ARRIVALS KEPPEL WHARVES Ahm (1000 after Johneverett) 35 as Bertram Rickmers (1200) 6 7 Botany Trust (Tanker) (after Krottdurban, UTM L A D L. must starboard alongside, subject gas free) 33 34 Cherry Molek (1100 hauls 3m west) 28 Labuan Hadji (0800) 31 32 New Silla (1100433 words
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Article968 1981-10-14 18 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 Anro Asia ***** 13.10.81 1500 Jardlne TA 4 TT Toyama 354 13.10.81 2300 Ned-EAC TA 4 TT P. Elsenhower 90 13.10.81968 words
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Article1665 1981-10-14 18 ACTIVE time~eharterlng developed on Monday in an otherwise rather quiet and featureless freight market with a large proportion of the business being out of the Continent. A 14,000 tonner from Antwerp to Karachi-Singapore paid U554,060 daily while a vessel of ZI.OOO dwt received $8,000 daily from the Continent1,665 words
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Article765 1981-10-14 19 AFP THERE WAS a marked preference for time-charter-ing on the freight markets last week, backed up by continuing active conditions in the Great Lakes grain trade. South African and Brazilian charterers were known to have been busy. There was also hints of Soviet activity. But in manyAFP - 765 words
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156 1981-10-14 19 SEPARATE strikes by Australian tug engineers and masters of pilot cutters has halted shipping movements at all New South Wales (NSW) ports, a spokesman for the Maritime Services Commission of NSW said. At least 30 vessels are delayed either off or in the156 words
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390 1981-10-14 19 THE Norwegian shipping industry is now climbing out of depression and steaming towards a brighter future. The Norwegian Shipowners' Association (NSA) estimates that the gross freight income this year will reach US$4.B billion and that net income will aggregate $2 billion or $167 million390 words
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Article229 1981-10-14 19 SHIPS with modern hull forms and in particular the so-called ro-ro ship, may suddenly capsize if subjected to special wave conditions. The Norwegian classification society, Det norske Veritas, put forward this information to the Maritime Directorate together with an assertion that new stability requirements should229 words
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138 1981-10-14 19 AFP A CONTRACT between the United States and the Soviet Union to substantially increase US grain sales to the communist giant is unlikely to help improve the overall shipping market for the months to come. Shipping industry sources said the Soviets' increased grainAFP - 138 words
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Page 17 Advertisements
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Advertisement383 1981-10-14 17 Everett Lines rot THI MOST FIEQUfNT SAILINGS TO Bangkok hong kong JAPAN BUSAN CHITTAGONG •CALCUTTA CHALNA •RANGOON BUENOS AIRES MANZANILLO ACAPULCO Everett Steamship Corpn. S/A CMlord Centre ing»por« 1 Tel *****/9 36. Beach Street. Penjng Rm 36 103 OCBC Bldg TH *****/3 Port Mwf Agents SOCSXf CO BHD Tel 3877?)383 words
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Advertisement248 1981-10-14 17 SSEALORDH UASC UNITED ARAB SHIPPING CO'SAG/ ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES S'pore loading for BN O(ItAD ¥.37 Mma Qaboos (9/11). Kuwait (12/11). Shuaiba (15/11), Bahrain (18/11), Doha (21/11), Dammam (24/11), Jubart (27/11), Dubai (30/11), B Abu Dhabi (3/12) I Kuwait (6/12), Dammam (9/12), Bahrain (12/12), Doha (15/12), Abu Dhabi (18/12)248 words
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Advertisement0 1981-10-14 17 &~=<'~?$]/$\.$!<^.|(;"?.(~?<*++0 words
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Advertisement227 1981-10-14 17 )~^\`}'_]\\?-!;(_^]]+<~{{('_+^" MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. OULF, ATLANTIC. EAST CANADA, ASIAN PORTS Tm6m Vmwl tPortKvtanf Philadelphia 1 11/11 21/11 21/11 21/11 22/11 24/11 28/11 MAERSK MANGO MAERSK MANGO MAERSK MANGO FOIDO MAERSK MANGO Mfflfflt MANGO MAERSK MANGO 24-25/10 74/11 21-22/11 7-7/1 20-21/12 4-5/1 14-17/1 Sited LAURA227 words
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Page 18 Advertisements
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Advertisement1148 1981-10-14 18 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Kdar* Vessel IS/10 N CRYSTAL 23/10 AJUANOIA 30/10 B PfRMAI 6/11 K KORRIGAN 13/11 WHON 20/11 SEUNDM 27/11 B SURIA To Eiwpt S1,148 words
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Advertisement185 1981-10-14 18 BP SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA mximma "Samer taif" <m m -barber Tennessee" oe n "BARBER TOBA" Mn 2, "IARIEII THERMOPYLAE" tar V IAAKK NARA" Mm It TO: PANAMA US ATLANTIC EAST CANADA US GULF VU I 4/12 u/u I avu IVI2 IVU VI VI n/1185 words
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Page 19 Advertisements
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Advertisement791 1981-10-14 19 Overseas STRAITS SHIPPING Containers SingaporetoSabah,Sarawak, Limited Brunei Ports and Bangkok CONTAINtRSHIP SERVICE TO UK CONTINENT It few* U/U IJ/U 11/11 IVU »/U 22/11 27/U 29/11 M/ 12 M/ 12 11/12 IS/I 2 14/12 U/12 21/12 22/12 31/12 12/1 21/12 M/l tU M/l 1 H/ll IVII 22/11 •1/12 M/ 12 17/12791 words
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Advertisement361 1981-10-14 19 Franco BeUjuin Services Mm -r-> F« f-r. ,-h x.r,,.-, h li. ;t :t: A.. f s; r, r,HUMS It Km RMr KW| rHn* lw| Od 2Mm 3Mm 7Mr IMr 10 MR Ort IMr 7Mr 11 Mr 12 Mr 14 Mr Od 17 Mm II Mr 22 Mm 73 MR 25361 words
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Page 20 Advertisements
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Advertisement580 1981-10-14 20 Hapag-Lloyd TO NORTH E180P? nmmmmA Ctawß*»»akk car*) tor CARBBEAN/WEST B«ES n» Ha*ter( T* H* I Soon PMm I Genu SaM In Port Natf tipm 23/10 21/10 23/10 Otahbpmi 30/10 21/10 30/10 Etobpran 6/11 5/11 7/11 4Ma>C«NM (13/11 9/11 11/11 NatorEppoai >20/11 14/11 Ohati Upren 20/11 6/11 24/11 29/il X/U 1/12580 words
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Advertisement380 1981-10-14 20 LINE KOREA SHimNG CORPN P. Kaianc PENANG STORE ALTAHI47* SU hi Port SW ALT AH IUC SU TO BUSAN VISA 165N 30 Oct-1 Mo* 2-4 Nov 27-29 Oct FROM BUSAN BANGKOK VEGA IKE 30 Oct-1 Nov 2-4 Nov 27-29 Oct TO BUSAN KSC KSC KSC KSC KSC KSC KSC KSC380 words
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Advertisement499 1981-10-14 20 EVERGREEN LINE r »*■<■ M—p it Km VU u/u ivu ivu m/u a/11 77/11 21/U M/U Vl2 VU M/U FAR EAST/EUROPE CONTAINER SERVICE ACOPTRK Fa ft la CARGO FOR: pmt MM IMn F*iM MM EnilM> It/II 25/11 VU 7/11 1/11 E«««W 21/ II 14/11 11/11 11/11 fMrl*t Jl/11 U/ll 21/11499 words
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Advertisement700 1981-10-14 20 9 rw> St* Shipping Corpn. fi yHk "BURMESE NATIONAL LIME" 1 LOADING FOR RANGOON Oct zimV L-1 w/»ort n/r mtteeerimrw 11/n Od ZVMM KTMITMrriM 11/Jl Od lyj 8F SSC Agents n Motoyvo BOU! >S C Agents *1 Motor**! SOUSTEAO SHPPMG m NOS KL *****1/*****3 ARGENTIME NATIONAL LINE" 111 -131 111700 words
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Advertisement216 1981-10-14 20 mo.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD §21 SANKYO LINE MEM SUA SAfxoii ham MAT PRMCE OOAUP* pfom HI ESTROIA JAMM/STRAITS SERVICE P (Mm h MP*rt 14-17/10 Sta»*w» Mhrt 15-10/10 15-17/11 to Pwl 22 23/10 23-24/11 27-21/10 30-31/10 31- 1/11 OCUH SWPK A EMTBM HI 22(1144/7 A 22*117* EAST ASM 9VPIMIM216 words
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Page 21 Advertisements
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Advertisement848 1981-10-14 21 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) vessel S PORE COLOMBO HODEIPAH JEDDAH AQABA COLOMBO I SPORE fl6-17/10 20-21/10 28-20/10 3f1.1i/ifl 0.1/11 13-14/11 I KOTASAHABAT 15W/16E 119-20/11 25-26/11 KOTASAHABAT |I7W/18E |24-25/12 30-31/12 Accepting LCL Cargo to Colombo Aqaba. 28-29/10 30-31/10 2-3/11 I 13-14/11 119-20/11848 words
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Advertisement811 1981-10-14 21 BEN LINE CONTAINERS EXPRESS CONTAVO SERVICE TO/FROM EUROPE S&r %'f ST*, 21/11 Tatpßaj 2C/11 N—l/6—* P«| 14/14 Hmfkm SafraStar km. HBURG XrMt ft German, 4/11 14/14 14/11 24/14 u/ii Vll 24/U U/U 1/12 24/u »/i2 u/u 21/11 17/12 SHAWN ROAM Aaslri* Antwf c 11/U 11/11 12/11 11/11 14/U 20/11 24/U811 words
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Advertisement606 1981-10-14 21 If I V »> v< 1 l' 1 rl j Scan Dutch 9 WEEKLY EXPRESS CONTAINER to meo/uk/mcatam SERVICE f HWI'IWI I FUNCA 14/10 OOM-t* 71/10 KMtt 30/10 MM* i/|| KMC* 11/11 I MM* 70/11 I KMM 77/11 MN.K 4/17 rewtU U/17 V(«pc«| <o> II OarcNma Oku I •emu 7)606 words
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Advertisement573 1981-10-14 21 i n H m f P i r; t i BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) SANTA ELENA FORTHBANK CORABANK SPORE R'OAM HULL HMBG ?2 Ct Nov 24 Nov 19 Nov 3 Nov 28 Nov 2 Dec 5 D*e 17 Dec 11 Jon573 words
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Page 22 Advertisements
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Advertisement766 1981-10-14 22 > K line KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA FQKR DESSQ.S* f% Mm acc*tatta tat OHM. Kimmr. Portland, Hmaton. Saimton. few Oritam St Mm. Mmi Satanuii Udw* JAPAN-STRAITS-JAPAN Spwe Pfnang P Kelang j Spore T0t,,0 Mage ,j KoM MVS 11/10 13/10 14/10 16/10 20/10 30/10 IT766 words
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Advertisement613 1981-10-14 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Ludtat tar: lOS ANGEUS. SAM FRANCISCO SEATTLE. TACOMR. VMKOUVER RC (Ucpt»n fa/fa Cmlmmi f Sniapo'c I vMtai AUSTRALIA EXPRESS CONTAINER SERVICE fa/fa Cm*mm PK«ta«| Sport M*R> AM Sj4 AtttuniKi "R4MMS" 79 Oct 30 Oct 17 Nw II to. 74tax Frw 9 Dec 10613 words
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Advertisement345 1981-10-14 22 If SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPOHf 0104 MARKETING *****2 <3 LINESI GENERAL *****1 114 L INI S> TERMINAL Of FICE *****83 TELEX RS ***** RS 2SS6B A 8 CARSHIP CABLE CARGOSMIP cmif !?c#hH,a Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK fANCMUTNA emb suconm aim fmtmm345 words
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Advertisement632 1981-10-14 22 korins maritime services 5 Hoom 601 ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 _W»DDL£_EAST/RED sea/eubope services KOSTAR BUNGA VANDA... ANYANG No. IS. S pore P. Keiang Loading For: .24 Oct Dubji/Mujcit/Aixj Dhabi 21 Mw Band* Abbas/B K homer. .21 Nov Bandar Abbas/B. Khomer* Shipping Co.632 words
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Advertisement596 1981-10-14 22 INTRASEA (PTE) LTD Suite 2616. International Pij/a Anson Rrf Singapore 0207 Tel *****1'' |1C i n. BREfIKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SER/ICE ym km mm A. FDQJTY NBII7. hi Part Mfeh/linasui/irs*os/ lUwburt/Kottartbm/Tfrunr IS Nov -Be FULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE A FBELTTT LOKMOa596 words
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Page 23 Advertisements
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Advertisement718 1981-10-14 23 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): ti»e ACE Consortium S.S. BfUDGE 33W+ TW BODGE IN N JADE 4 N K. iACEWON 15W K. IACEJM 12W 13/11 14/11 20/11 21/11 Also accepting cargo to/from Scandinavia SS BRDCE S pore Closing Times. FCL Cargo 0300 17/10 LCI Cargo 1500718 words
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Advertisement576 1981-10-14 23 MALDIVE LINES HA ETA ETA SPORE KUAffTAN PORT KELA PROMOTER 20/10 75/10 Loading For Hodeidah PROGRESS 25/10 30/10 Loading tor DUBAI BAHRAIN/ KUWAIT MAIDIVE MAGE 25/10 28/10 Loading tor Aden MAIWVE VKHBOUR 18/10 Loading For Jeddah/Jibouti MAIWVE NAVIGATOR 22/10 25/10 Loading For Mukkalla mm NATION 18/10 Loading For Karachi/Oubai/ Oammam/Kuwait576 words
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Advertisement893 1981-10-14 23 <mrif E UIIDWe 55 StrMt 0104 T «M»ne Numbers *****3 Cable Address SiISOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** t kuang /S »AH SOW SON M IST ANO ?NO FlOO« W NO JJAIAN CfMPfNWG PORT KIANG MALAYSIA cSTiAVI T« *****6/8 Tete. No ***** msm m mow snfpw893 words
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Advertisement50 1981-10-14 23 m PEACE LINE WgmiM: SYD, MLB, MS, MIL, FKM ETA «*ci I 23.1941 I 3.H J1 AUCKLAND, KAfIEX, NELLMTON ETA 14.11 J1 ».lljJ ALSO ACCPTMQ CARGO FOR HONE RONS. TMMN f P> UNDERPRISE PTE LTD m J MMQUMT FAStt NO AD ((MM) tA MOUNT FAI TEL: 224t7M/t i^yTVFD ,'i ■v.v/frgi-50 words
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Page 24 Advertisements
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Advertisement463 1981-10-14 24 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG -INi.lPOM WSST VV »»M» 1119 Wwld Trade Centre Maritime Square Spore 0409 Hi RS ?1017 lei 2"***** Bk|> P73S381 *****8? HSH M Sdn Bhd Kl lei *****3 48b0? 7 Pt He! Jel *****6 Tlx ***** Penanj Tel *****8 TV CAR/IANl 1 IKI wrilllltll L.I463 words
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Advertisement613 1981-10-14 24 I 09 Kline kinkai KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/ST1UITS/JAPAN Fully Containerised Service Tokyo Robe Spore Penanj P Mang S pore Tokyo Koto NMBTMVI SM SM SM SM In Pt 16/1021/11 jg/lf WWMYW11 SM 9/10 19/10 20/10 22/10 23/10 6/11 «/n K men VI 22/10 24/10 3/11 5/11 0/11 1/11613 words
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Advertisement559 1981-10-14 24 ft JOHORE SHIPPING i/q 153 JA'-AN TtNGKU BADAR PORT KEtANG SELANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Express Umttoad Service from P. Ketang East Malaysia Brunei (Accepting cargo for palletising m IH Gdn No J (South Port) l, j BINTULU L*A CONTRACTORS SDN. BERHAD 37, Panduncan Road, Kudanf, Sarawak, Tat 577G3/205W559 words
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Advertisement249 1981-10-14 24 S. SUMBSC AVBKL X. PRMCE SAUDI S LINE Regular Conventional Service (AM Saudi Flog Vaaael) SN PIC Loodng for.- Nrt 11/11 MiiW 15/11 (Mai. Ommam. 21/11 31/11 Dubai. Daamam. nous an* am m i# «i4m«/414Jm nwsminMu as/375 TRANSTIMBER LINE 8UIK TIMBER SERVICE TL ICE MACK LINE OCEANUS SHIPPING AGENCY PTE249 words
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Advertisement302 1981-10-14 24 PEKKAPALAN IAUT AN MRU SON. WD. PO Ben 1J0 KotaKmabalu Sabah mcuai ltd sarvia S*Mh Sarawak Bangkok Sm«apore Ponh*t«v Penani P KUnf S pore Loath* he LAUTAN EMM 1.7/11 hi Part Sandakan. Tawau LAUTAN TKA 1.7/11 a Oct 27 Od KK. Sandakan. LAUTAN RAN V.ll/tl 31 Od K Od KK,302 words
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Page 24 Miscellaneous
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Miscellaneous205 1981-10-14 24 »00€f Regional Weather n 71 1 °2 <Son -W: n > ®r M *J v li J -3 k t-N Sri e*J 1 w c /s cr M SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A H THIS MORNING. LEGEND: R Thunderstorm Temperature °C A y Shower Weather f-Y Wind205 words
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