The Business Times, 23 October 1981
1981-10-23
1
22
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The Business Times
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Title Section10 1981-10-23 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, OCTOBER 1181 60 CENTS10 words
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Article606 1981-10-23 1 RICHARD SEAH - GOVERNMENT COMPANIES TEAM UP By RICHARD SEAH FOUR government-backed companies have pooled their resources in a new joint venture to tap the fast-growing leasing market. The new company is Singapore Automotive Leasing (SAL). Its shareholders are Singapore Automotive Engineering (SAE), Chartered Industries of Singapore (CIS), Allied606 words
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352 1981-10-23 1 BARRY VOLPERT - By BARRY VOLPERT MOBIL OIL plans to spend |80 million on improving its refining facilities in 1962, according to Mr Dorsey Dunn, chairman of Mobil Oil Singapore. Most of this money will be spent on energy conservation measures and environmental controls. Part352 words
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Article185 1981-10-23 1 SALMA KHALIK - SALMA KHALIK LEADERS from oposition parties gave ihow of solidarity by appearing at the Workers Party's first by-election rally last night. They were Barisan Sosialis' head and veteran campaigner Dr Lee Siew Cboh, Mr Fok Tai Loy of the Singapore Democratic Party, Mr Seow Khee185 words
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Article522 1981-10-23 1 RONNIE LIM - By RONNIE LIM "TV MAKERS the world over (and in Singapore) take note China won't be placing any more purchase orders for the forseeable future," says the latest China newsletter of the Japan External Trade Organisation (Jetro). The Jetro report essentially confirms a Business Times522 words
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BRIEFLY...
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Article89 1981-10-23 1 AFP KUALA LUMPUR, Thurs. The Kuala Lumpur Commodities Exchange (KLCE) which started futures trading in crude palm oil a year ago, will expand its activities to cover other major Malaysian commodities like rubber and tin. Deputy Prime Minister, Datuk Musa Hitam, told the KLCE annual dinner here tonightAFP - 89 words
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Article66 1981-10-23 1 AFP TEHERAN, Thurs. Members of Parliament today surprisingly rejected the nomination of Ali Akbar Velayati as Iran's next prime minister by 80 votes to 74, with 38 abstentions. No reason was given for the fundamentalist-controlled Parliament's unprecedented refusal to apKve a candidate of the Islamic iership, and noAFP - 66 words
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Article68 1981-10-23 1 UPI TOKYO, Thurs. Heavy demand for videocassette recorders (VCRs) at home and abroad sharply increased Matsushita Electric Industrial's consolidated sales and profits in the quarter ending Aug 20. The company and its 87 affiliates had a consolidated net income for the quarter of US$l7O million, up 25UPI - 68 words
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Article64 1981-10-23 1 AP BANGKOK, Thurs. Thailand's export earnings from rice increased sharply during the first nine months of this year, and the country is on its way to a record export of rice for 1981. Earnings for nine months amounted to US$96O million from the sale of 2.53 million tonnes,AP - 64 words
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Article84 1981-10-23 1 Reuter LONDON, Thurs. Britain, France and Italy are considering sending small troop contingents to the Middle East to take part in a Sinai peace force. Officials said the three governments are under strong US and Egyptian pressure to contribute units to the 2,500-man force when Israel withdraws fromReuter - 84 words
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Article65 1981-10-23 1 UPI LONDON, Thurs. US Defence Secretary, Caspar Weinberger, warned the European allies today that they face "destruction through inaction" if they fail to rearm to confront "a Soviet military challenge of unprecedented proportions". "We are no longer dealing with armed forces whose quality is far below thatUPI - 65 words
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Article39 1981-10-23 1 AFP KUALA LUMPUR, Thurs. Malaysia's unemployment rate dropped from 5.6 per cent in 1979 to 5.3 per cent last year, Parliament was told today. Industries that faced labour shortage included the farming, manufacturing and construction sectors. AFPAFP - 39 words
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Article136 1981-10-23 1 THE geveraaeat-haeked tradlag Mmpuy, btne«, has mm hack tram t»e MwHwil fairs wit* $6J "flHw flrn^M-fen Bepreaeatfag fair leeal made-ap ganneat mantwtarera at the Bijaitit lateraetlaael Aitana Fair, latrat» rMacfced %iJi mlitt— wertt •f «rten —d —ther 91 adlMere than M eeaatries participated at136 words
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129 1981-10-23 1 THE fiinyrr ftnacfcw at A—tort— g irtwh m Buk Mwpi fllMte Pacific are la a gnu rfkmIM kHki patttof ti,itou (SOU milßea to OmSihi hetal prejeei to Bri Uaka. Ito Tllll Iliail FtoM Carparallaa (IPC) will Mkt laaaa rf UBU7J mmtm, mm 111.1129 words
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394 1981-10-23 1 AGNES WEE - By AGNES WEE THE SINGAPORE Contractors' Association Limited (Seal) has mapped out an ambitious plan for the next year, including the setting up of a research unit. Mr Loke Pak Chee, the newly appointed executive director of the association, said that in six to394 words
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Article394 1981-10-23 1 ALVIN TAY - By ALVIN TAY HIGHER operating cost in Singapore has prompted the South-east Asia Iron and Steel Institute (SEAISI) to relocate its headquarters here to Manila in January. When the lease for the local office at DBS Building expired for the second time in June this year,394 words
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Page 1 Advertisements
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Advertisement215 1981-10-23 1 +@~="*[{`'@=|,{)-$"-$}(<';]-")) raßaz INCHCAPE Berhad has lost yet another motor franchise Page 14 ALTHOUGH Van Der Horst shares were expected to be undersubscribed, most merchant bankers were taken aback at the level of undersubscription Page 14 TELTEC is keen to set up a joint venture in Singapore to market its Chinese215 words
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Advertisement39 1981-10-23 1 "For those who want to play their best PINE vi HAS THE ANSER. Manganese Bronze AND THE New ANSER 2 Stainless Steel Sole Agent Su<te 2201 Ocean Building Quay S pore 0104 The Sports People Tel *****4 *****4 IDvn^tork <)\,]'+;}_~[$<,!'|^(\\$;}.>=/>[39 words
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Advertisement182 1981-10-23 1 ="-^<)$}[];-|\+&!{\:<],!_(?';'! Guide to MUSICAL Appreciation CHtSTV OK (*rvi i,sD" ■fr- i ;>• V u >s ~V -3 <5 ORCHESTRA Andre Previn set Tout in this book to reveal the players on the platform, those anonymous men and women whose dedication and talent alone make the performance of great orchestra music182 words
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TRADE AND INDUSTRY
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Article, Illustration391 1981-10-23 2 ROBERT YAW - By ROBERT YAW TELTEC, a Hongkong computer firm, is keen to set up a joint-venture in Singapore to market and further develop its Chinese telegram decoding system. The system, which Teltec claims is the first to be launched in the end-user market, can decode and391 words
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Article199 1981-10-23 2 ROTARY CLUB members in Thailand will no longer belong to the same Rotary District 330 as their counterparts in Singapore, Malaysia and Brunei from June next year. The clubs in Thailand will be forming their own district, District 335, because the number of Rotary Clubs there199 words
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288 1981-10-23 2 HEMPEL Marine Paints aims to secure about 40 per cent of the local market for marine coatings with its new range of six marine coatings. The coatings, which have a life-time of about 36 months, have been used on U ships since their288 words
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Article, Illustration265 1981-10-23 3 CHUWASTER, an anti-pollu-tion smokeless incinerator, now on display at the ChemAsia *81 exhibition, is commanding some interest. Mr Maeda Yuji, director of San Raku (S) Pte Ltd, the exhibitor, said be received "numerous enquiries" for the Japanese invention which converts waste into energy. He intends265 words
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Article386 1981-10-23 3 THE Singapore Bus Company will be putting 200 new buses on the road using windows from Qualicraft of Australia, to be supplied through Hunter Douglas Singapore, the local agent for these products manufactured by Meyers Taylor. SBS is currently upgrading its fleet of vehicles in an effort to386 words
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262 1981-10-23 3 KLENCO, a tocal cieaalag eampaay ku MWaeei a Mvel way at tlraalag aalag Mjfc fwni water. He eampaay reeeatly w> eared the sale ageaey tor a raage <# cieaalag eydpmeat maaafaetared by Alfred Kareker GmbH at Wait Germaay. The aew device called Ike Kareker262 words
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Article, Illustration163 1981-10-23 3 MR TAY Ckta Baa has been elected to the board of Berber Paints Singapore. Mr Tay, Berger's factory manager, has been in the paint industry for about 20 years. He Joined Berger in 1965, when the company was still called British Paints, and was made manager in163 words
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Article84 1981-10-23 3 AN AUSTRALIAN company is seeking an agent in Singapore to sell its range of ignition lead sets. Ignition Equipment Co of Melbourne produces more than 170 sets to suit all types of motor vehicles. The company's range of products includes high tension ignition lead sets designed to84 words
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Article384 1981-10-23 3 THAM WING KEONG - By THAM WING KEONG MAERSK Line, a Danish worldwide shipping organisation, has set up its first offshore company in Singapore. Maersk Offshore (Singapore), which was incorporated in February this year with a paid-up capital of $250,000, operates supply ships for charter to oil companies in384 words
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Article472 1981-10-23 3 LOH HUI YIN - By LOH HUI YIN THE VOCATIONAL and Industrial Training Board (VITB) recorded a student enrolment decline of 12.7 per cent for its full-time courses last year its first since its establishment in 1979. This was despite an increase in enrolment for higher level courses such as472 words
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Page 2 Advertisements
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Advertisement468 1981-10-23 2 Compute '81 ?v HwHTTTT wifl answer all your questions about computers, software and your application requirements. And we will show you how a tos Instruments system can transform your business now and in the coming years. The Texas Instruments DS99O Family is perhaps the most versatile computer system you can468 words
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Advertisement552 1981-10-23 2 F Japan has succeeded in becoming the second most powerful economy in the free world and despite the shocks of inflation and the energy crisis, the country continues to increase productivity and expand its share of the teraational market. A thorough study of Japan's managerial business ;ms will become an552 words
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Page 3 Advertisements
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Advertisement109 1981-10-23 3 I K' A little bit of old Saigon... to savor and relish. Authentic Vietnamese fare, unique and tangy but never too spicy, rich in value but light and savory. Mouth-watering and tongue-titillating condiments that will have you longing for more. _i or ce sowps or rolls, prepared in ways delightfully109 words
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Advertisement268 1981-10-23 3 Yale Industrial Trucks YALE AND YOCJ. 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 is268 words
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Advertisement0 1981-10-23 3 .];?!$^<}--^,{/;{/?<'_;:%[=>)~(0 words
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BANKING AND FINANCE
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505 1981-10-23 4 ALVIN TAY - By ALVIN TAY PEGI Malaysia is going ahead with its Ss2s million syndicated loan, but it will now be signed in the name of its investment holding subsidiary in Singapore. The loan, which will be signed today, will be leadmanaged by Overseas Union Bank.505 words
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Article609 1981-10-23 4 Reuter THE CASH needs of US corporations could rise sharply in the coming months, even if the economy remains sluggish, because of a steady weakening of their liquidity positions. Credit market analysts say high yields and unstable conditions in the long-term bond market are likely to continueReuter - 609 words
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226 1981-10-23 4 A MINI-MONEY market the first reglaasl meaey market eeatre NkMc Kaala Lam par has beea set ap la Peaaag by Malaystaa lateraatlaaal Merehaat Barter* Berhad (MIMB). The Peaaag braaeb maaagcr af MIMB, Eaeik Mekamed Tawflk Ma Taa Dr Ismail, saM the maaey market was226 words
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Article56 1981-10-23 4 ITALIAN banking and stock broking organisations will operate a central depository and clearing system for securities from Nov t The system will be run by a fiduciary trust, Soeieta Monte Titoli, with the participation of the Bank of Italy, the Association of Italian Banks (ABI), leading banks and56 words
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Article411 1981-10-23 4 THE Post Office Savings Bank (POSB) will soon be opening six more branches in the Republic. This will bring its total branch network to 116 by early next year. The national savings bank has only 35 outlets at the end of 1960. Only seven411 words
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Article330 1981-10-23 4 TRADE financing will be one of the main areas to be emphasised by Lloyds Bank International as it strives for a new and stronger image in this region. Lloyds International's chairman, Sir Lindsay Alexander, said yesterday that the group's offshore branch in Singapore has been "growing perhaps more330 words
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Article129 1981-10-23 4 JAPAN should increase its gold holdings, as there is a possibility of the US returning to the gold standard, said Mr Eizaburo Saito, chairman of the gold market council of the ruling Japanese Liberal Democratic Party, said. Saito, a member of the Upper House, told129 words
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Article196 1981-10-23 4 Reuter JAPAN will accept a compromise proposal allowing its Export-Import Bank to charge lower interest rates than other advanced nations on export credits. At a recent Paris meeting of the 22 member nations of the agreement on export credits, Japan rejected the proposal put forward by the EEC,Reuter - 196 words
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Article54 1981-10-23 4 Reuter CANADA will prevMe US$lB.7 mUlfea la fIBMiIM tor Imports by Indonesia af traaspart rflpwl Minister Ed Lamiey said. W*«U will piaee Cs2» mlittaa-warth «I bwtM la Caaada with ftoaactog by the gavenmeat's Rxaart Development Carp. Tie Caaadlaa latrrasti—l Devefapbii«Matoa purchases aad aa agreement was expected toReuter - 54 words
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Article271 1981-10-23 4 Reuter THE FINANCE ministry has agreed to Japanese long-term credit banks' decision to raise their longterm prime lending rate to 8.9 per cent on Nov 1 from 8.5 per cent. The agreement was reached after a series of consultations between the ministry and the three longtermReuter - 271 words
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MONEY AND EXCHANGES
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Article527 1981-10-23 4 THE US dollar eased against major currencies on the local market yesterday, recording only a small gain against the yen. Trading was very quiet, with most ot the currency movements occurring only after the entry of European markets. The US dollar opened firm against local currency, at 2.0960/90527 words
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Article161 1981-10-23 4 THE US dollar for overnight delivery in Tokyo yesterday closed at 234.05 yen after opening at 234.00, dealers said. This compared with a 233.85 234.00 close in both New York and on the US West Coast and 232.60 in Tokyo on Wednesday. Trading was moderate with a volume of161 words
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Article22 1981-10-23 4 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 15.27 per cent.22 words
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Article181 1981-10-23 4 ASIAN ASIAN currency deposit Interbank rates as at close on Oct 22. US Dollar*(Spoil Offor Bid 7 days 1513/*****1/16 1 month 16 1/16 15 15/16 2 months 16 3/16 161/16 3 months 16 8/16 16 7/16 6 months 16* 16*. B months 16* 16* 12 months 16* 16* Sw-Pr*. DM,181 words
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Article44 1981-10-23 4 RANGE of pr>o« offered by discount houses on Oct 22 Overnight: 4Vi to7* Call deposits: to ChMtBg Bayinc Sclliaf 3-month Treasury bills 6H 6* 3-month Bank bills 13* 13* 3 months CD 13*« 13* 8 months CD 13* 13* Source: National Discount Co44 words
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Article214 1981-10-23 4 SINGAPORE gold futures yesterday closed slightly lower compared with overnight levels after moving within narrow margin in light trading. Total sales for the day was recorded at 158 lots while kerb volume at 29 lots, they said. Prompt closed slightly weaker at U*****.00 436.00 an ounce against 434.70/ 435.70214 words
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Article32 1981-10-23 4 NwYort SUB unav 9 23S Zurich J.0SB imav 9.JSS An We4 F Singapore 8KB unav 9.155 Closing price* in US dollars a troy ounci t. 1 Source: Credit Suisse, S'pore.32 words
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Article119 1981-10-23 4 THE US dollar in Hongkong yesterday ruled little changed against most major currencies in quiet late exchange trading. No major fresh incentive was noted, and European markets were quiet initially. The dollar traded 2.2710/ 50 marks against an early 2.2735/50, while sterling ruled at U551.8175/85 after 1.8170/90 earlier. The119 words
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Article121 1981-10-23 4 THE dollar in London yesterday eased from its highs in New York on Wednesday night, with the West German Bundesbank detected selling dollars in quiet early trading in London, dealers said. The US unit opened at 2.2685/2710 marks and moved above 2.27 marks before tbe Bundesbank action brought it121 words
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Page 4 Advertisements
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Advertisement157 1981-10-23 4 Bally, Lanvm...and friends. The names conjure up the best in haute couture. Shirts by Pierre Balmain and van Laack. Ties by Loewe. Belts by Lanvin. Suits by Ermenegildo Zegna. Shoes and boots by Bally. And the clutch bag, the latest male accessory, designed by Etienne Aigner. Now you can dress157 words
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Page 5 Advertisements
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Advertisement65 1981-10-23 5 3/&J&-W01 I if ii i 7' nk V/) pn -f< ■jJ V -I— *i o r*~* jßi' 3 s '/>! r f C 3*^ ir.:'- > r~ r»-» r '/j -5"? 2^o Ay r 2* y Op I I l»1 •••«y Kj, i® JSC _fe- 10? e *H~ ■Sri Kt65 words
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OVERSEAS
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Article577 1981-10-23 6 Reuter THE MALAYSIAN budget for 1982 which is due today is expected to be expansionary, with a target real growth rate of about 7 per cent. Bankers and economists said public, particularly current, spending is expected to increase from this year's high level to provide anReuter - 577 words
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267 1981-10-23 6 THE SECOND meeting of the Asean-EEC Joint Cooperation Committee (JCC) in Brussels did not achieve much by way of tangible results in the areas of most concern to the five Asean countries. Except for an understanding reached on commodities, from which rubber and tin producing267 words
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262 1981-10-23 6 AFP THE SOUTH Ktraui economy will CMttne to be in the doldrums next year, wrordlog to u tffletol report rabmltted to Preoldrot Chan Dm>-Hwu yesterday. The report, made by the semi-official Ktre» Development Institute, said because of ewnnrif stagnation at heme aad stow recoveryAFP - 262 words
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459 1981-10-23 6 Reuter CHINA'S foreign trade grew to US$2B.7 billion in the first nine months of this year, a 10 per cent rise over the same period in 1980. Vice-premier Gu Mu gave no breakdown of the figure but said the government expects to maintainReuter - 459 words
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215 1981-10-23 6 Reuter ARAB leaders are considering fresh proposals for a Middle East settlement which many hope can supplant the US-sponsored Camp David peace process and help return Egypt to the Arab fold following President Sadat's assassination two weeks ago. The proposals, a set of eight principlesReuter - 215 words
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Article118 1981-10-23 6 Reuter PRESIDENT Reagan's controversial plan to sell advanced radar planes to Saudi Arabia received a major setback in the Senate. In a dramatic surprise announcement, Senate Democratic leader, Robert Byrd, said be would vote against the US$B.5 billion arms deal next week. His decision is aReuter - 118 words
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377 1981-10-23 6 AP WHOLESALE prices on world markets fell 2.1 per cent in September, the ninth consecutive monthly decline, but the International Monetary Fund (IMF) reported that prices paid by consumers were rising faster than before. The decline in prices for commodities inAP - 377 words
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Article667 1981-10-23 6 ARRIVALS Service Local Operator Number Time From CPA CX710 1005 HLP SWR SRI 76 1015 ZRH/GVA BOM GIA GA850 1030 HLP GIA GA908 1045 MES SLA SQ103 1045 KUL PAL PR501 1055 MNL SLA SQ191 1105 PEN SLA SQ24C 1225 MES SN SN277 1215 BRU/AUH/ BOM/KUL MAS667 words
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236 1981-10-23 7 AP THE US Senate, trying to •exercise a little bit of sanity" in nuclear proliferation, wants to automatically cut off foreign aid to countries that, for the first time, develop and explode an atomic device. The aid cutoff, proposed byAP - 236 words
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164 1981-10-23 7 Reuter THE Austrian government on Wednesday nominated its former Foreign Minister, Kurt Waldheim, for an unprecedented third term as United Nations Secretary General, diplomatic sources said. They said Mr Waldheim's name was submitted at a private meeting of the 15 members of theReuter - 164 words
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Article142 1981-10-23 7 Reuter DEMOCRATIC Senator Dennis Deconcini of Arizona has introduced an amendment to the copyright law to make it clear that home video taping does not violate the law if it is for private use. His move was in reaction to a ruling by the San Francisco FederalReuter - 142 words
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WORLD IN BRIEF
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Article395 1981-10-23 7 Agencies AUSTRALIAN Deputy Prime Minister Doug Anthony has bitterly criticised strikers and called on the trade union movement to outlaw what be described as desperado unions. Mr Anthony, also the Minister for Trade and Resources, said the unions "are prepared to threaten the economic future of all AustraliansAgencies - 395 words
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267 1981-10-23 7 UPI NIGERIA, America's itnii largest foreign «U rappiier, has lafarmed its easterners that it Is willing te tower the negotiating point fer erade sold aader leng-term contract by UBH.M te SSS4.M a barrel, PlbM'b OUgnm Price Report said oa Wednesday. The sllUPI - 267 words
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Article92 1981-10-23 7 Reuter THE US B wute «a Wedaesday atmwiy rejected a prepesal Is eat aff all AflMrieaa «11 Imparts tram Libya. Ike ftifiMl, offered aa aa smnadmnat to the Ferdga Aaristaaee BUI, was defeated 47 to 44 alter heated debate. PtaHert Beagaa said a ■allateral eatoff waaMReuter - 92 words
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Article637 1981-10-23 7 UPI, Reuter PRESIDENT Reagan has rejected a "global Marshall plan" for poor nations but promised flexibility before the opening yesterday of a 22-nation summit on ways to help the world's hungry. On the eve of the "NorthSouth" conference in the hot and humid Mexican islandUPI,; Reuter - 637 words
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Article554 1981-10-23 7 Reuter, AFP BUSINESSMEN in most industrial textile producing countries, except France 'and Britain, want the current Multi-Fibre Arrangement (MFA) prolonged once more but with stricter controls on exemptions. The International Chamber of Commerce (IOC) in Paris, which represents nearly 7,000 companies and business organisations, said itsReuter,; AFP - 554 words
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Article170 1981-10-23 7 AFP BRITISH Trade Secretary John Biff en has indicated that Britain might adopt protectionist trade measures, particularly in its dealings with Japan. "There is pressure towards a more restrictive trading environment," he said in an address before the London Chamber of International Commerce onAFP - 170 words
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Article257 1981-10-23 7 UPI AMERICAN stock market guru Joseph Granville has warned a select group of Canadian stockbrokers and investors to expect more dips in the Toronto and New York stock exchanges. "We are not ready for the big rally and turnaround to a bull market yet," he said onUPI - 257 words
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Page 6 Advertisements
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Advertisement236 1981-10-23 6 on our VIP .-A 5* *>. A l*» f /> I \4 W S 2 :> V m r > It is not easy to become a member of Diners Club. Only one applicant in three passes our stringent financial vetting. And it normally takes about five weeks to have236 words
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Advertisement94 1981-10-23 6 MAKE NO MISTAKE ABOUT THIS TYPEWRITER Uft jjLvi >» 1 A i lOOEL 8800 C 1 Custom built efficiency and convenience for secretaries. Fully electric portable typewriter Full 44 keys •3-position ribbon colour selector, stencil, black and red or white (correction) Only 7.8 kg without case Carrying case for best94 words
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Page 7 Advertisements
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Advertisement75 1981-10-23 7 RO/RO FOR SPOT CHARTER YR BLT CLASS DWT F.O CAP F.W CAP AUG 1981 LLOYDS 370 130T 37T WATER BALLAST 105T HO/HA ONE HOLD CAP G 560 M3/B 530 M LADEN DRAFT 3.00 M M/E TWIN DEUTZ AT 299 PS SPEED 8.5K CONSUMPTION 1.9 T.P.D. M.G.O. DERRICKS 2 X 4T75 words
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Advertisement605 1981-10-23 7 VISIT AMERICA ON YOUR OWN" from $2544 VANCOUVER ORONT 9U*fALC ACjARA~SO FALLS M*N£ATOI ST PAUL W YORK NEWARK WASHNGTOfc 0 C •ocwtfl ClTt KHO&KLi lAS VEGAS OKI AHOMA cn> ORLANDO .AMCheck our options: Do WM U Want to Do Go Whara U Want to Go $2544 Ken-Air has revolutionised travel605 words
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470 1981-10-23 8 THE VOCATIONAL and Industrial Training Board, as the name suggests, is charged with providing vocational and technical training to school-leavers, a place where teenagers who are still wet behind their ears can pick up some skills applicable to industry. That it470 words
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Article833 1981-10-23 8 PETER MONTAGNON - By PETER MONTAGNON THERE IS a well-worn doctrine in international banking which says that countries can never go bankrupt. If a company faces financial collapse, it can be put into liquidation and wiped off the face of the earth. But, the argument goes, you cannot liquidate a833 words
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Article, Illustration420 1981-10-23 8 BANKERS cm forecast fairly accarately the lean losses they can expect ea their eeasamer portfolios and have a pretty good Idea of what prepsrtlsa of their corporate loons will tan saw, enabling them to make adequate provisions at aa early stage. Bat when It comes to the point420 words
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Page 8 Advertisements
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Advertisement32 1981-10-23 8 S&V'i. .J mmmm 1 lllllgii mmmm «K m *■> .V -.'A mmm. > -'/Sty m: ,"vy w tc v*?' ■>;< '•I Mercedes-Benz 280SE ff- £NI v"',^ k 1 &Jaßfck V VMM&mM!' :*< v /A *m?w> wm32 words
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Page 8 Miscellaneous
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Miscellaneous48 1981-10-23 8 Ses,--I Ge.T RPj£RHOOJ L23AI bflaj I— II I TTfl C^o 'if) EJ U °*c m wr Vfwfu lM X /TTTWVS BriStOW": fiarJc Dicfcensl DO fOO Mp>ve P\MV OF THOSe R*J6BeR TMIMGS THPO" N/CXJ PUT 04 VOUR TO COUNT N/OOR moMey u>rrn TOSSS3/I IVT t "*^l r-bft-1 b&> \T£M48 words
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Miscellaneous629 1981-10-23 8 [I TWO-IM CRYPTIC PUZZLE ACROSS 1 Untidily stored in the SW 7 Difficult sailing manoeuvre that takes the biscuit (4, 4) 8 The resort of a number at a party (4) 10 Possible leader in his trade <«) 11 Interfere with the sound of a gong! (6) 14 Man of629 words
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Article931 1981-10-23 9 KENNETH NOBLE - RETURN TO GOLD STANDARD By KENNETH NOBLE NYT YOU HAVE a hunch that the Reagan administration will return to the gold standard. You might be in a tiny minority, but as an investor, you know that big rewards, not to mention big losses, can go to those whoNYT - 931 words
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714 1981-10-23 9 LEONARD SILK - By LEONARD SILK NYT PRESIDENT Reagan beat his economic advisers to the punch in announcing that the economy is in a recession. But some economists think he was premature. Was the president right? There are three standard criterion of what constitutes a recessionNYT - 714 words
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Page 9 Advertisements
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Advertisement257 1981-10-23 9 '/mm v.- y M:''A. ft X.v The car you own speaks of your station in life. Yet if you're already there, it's not like you to make a show of it. It's enough that you know. Your car is the Mercedes-Benz. The Mercedes-Benz. Quiet. Commanding. Unassuming. You'll appreciate the breathtaking257 words
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Page 9 Miscellaneous
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Miscellaneous806 1981-10-23 9 m SINGAPORE 5 3.00 PM Opening folowed by The Young and The Restless 3.25 Housewives' Matinee When We Meet Again 4.55 The Mid WW West The Night of the Flying Pie Plate 5.45 The World Sportsman (Last Episode) 6.15 News (English) 6.25 The Littlest Hobo 6.50 Caterpiars Grow and Change806 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article166 1981-10-23 10 OCT 21 PU ABN 282.50 u.nc h AhoJd A. 10 •f 0J Akao 21 JO >0.1 AMEV 91 00 4-OJ Amfmm ixoo -43 Amrobnk 52.00 -414 KS°" 3100 34.006 Boti 00 JO yuch BorsumlJ 100.00 unch Burlunann 4&40 >01 Caland 34.60 ♦0.1 C*lw Drift 1MLOO 1J D»li Ml) 10.10166 words
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Article252 1981-10-23 10 OCT SO rr» CORBEILLE Air-Liquid# *72-50 -OJ B 8 N Otmli Danone C 8 F (Thomsonnmtj 1140 101 JO ■4 ■U Cle Fr&ncaiae de» Pclrole* 111 Compacnle nninclm Compatnto Oen«rmJ« Cradlt roncler De rrmiw» nmw ao* -u -1.1 Hachattc (UbnOrle) MttlUM Bull Mlchcltn (B) 90S a 150 0.06 Partbaa252 words
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Article92 1981-10-23 10 OCT 30 rr» FORWARD MARKET Acme .1 rn -1 Artwd 1010 2 Ajtur Brmacan Bni-Lunb Canpac Cock Dt Bacrt ■bat 300 «0 1000 us 1M as 1M0 -10 -20 -I -S •4 Dactrobtl HI in 5 Ob-Lnno-Bm -S On 13(0 2 Hobok Pttro 2140 mo -45 unch Rjrt Dutch92 words
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Article201 1981-10-23 10 OCT 10 Dm A*c-T«l«runk*n 4100 Akao 1«J0 0.1 AU* Leben 1370 00 -30 A1U Vers BASF Bay H T Wbank Bay Vbank 4a oo 13VJ0 ***** 774 00 unch 0 4 •I Barer 11#J0 -02 BBC 23a 00 .1 BMW mjo 0.5 Cuaalla Chem Varw Commarvbank ConU Oumml Daimler-Bans201 words
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Article181 1981-10-23 10 OCT 21 franc* Actions Suuwi Alusuisse Br 238 756 unrh Alusuisse Ret 311 13 Brown Bowl Br CI be Oelfj Br Clba Oelfjr P C an 1110 no unch -5 10 Clba Oe l*y Rm. Credit Bullae Br Credit Suisse Ret Elektrowstt Br Oeorfe Fischer Br Globus Pr 48#181 words
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Article90 1981-10-23 10 OCT 30 Lire Ante taSas Aaaoc Oen -211S BttUjf] -J Ctntraie 4800 -10 n*t 1441 XI rtnalder 3t unch Otn Immob l«T0 3D in Prl 3K0 -90 IUlccmrnU SUM) MO IUlgu wo -4 ItelakW *u»v Ma«neU M Pf rra tunut Ere Med lob 3100 Mlralanm 1S610 -400 Mondatfod Montcdin90 words
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Article189 1981-10-23 10 OCT 30 C» AblUM X)*t A lean Alffoma 41* Bvik Mont an -H Bank Not* Scotia 25* -<4 Bell Tel 17* Beth Corp BP Can Ltd M Braacan as* Vt Camp Red Lake Can Imp Bk 3D H Canpar Can par In* Pf Carttnc OTCeefa 36 S unci) unch189 words
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Article288 1981-10-23 10 OCT Rand INDUSTRIALS A Alpha 510 10 Abftrom AE And CI 436 unch 1000 unch Aliir «M 90 MM 1090 -5 Cm Sugar 1*75 CNA too >30 Currtt Finance no unch De Been I no 3000 Edrnn •158 unch Edtan tWMdt 0000 red voit S75 unch Pliflt >00 unch288 words
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Page 10 Advertisements
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Advertisement208 1981-10-23 10 "The American Express Card serves you well, wherever good food is served" o wme.dine Get away to bentosa with family and friends toSentosa A > 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 MONDAY208 words
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Advertisement125 1981-10-23 10 U*JLi JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. l> il> >> for rvs< rratu >ns call 7'i7'¥>/7 r "i }0 iV) i kXf rnliii \l'i i rli S| it iiui i•Si i i{L>] i| h tn' fa NUTMEGS Hyatt Reg€ncyo9ngapo«e V t\ Carrie Model Agency Mngtovou125 words
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Advertisement198 1981-10-23 10 See Page 11 for Asian stocks and NYSE prices foigfcfc «p Doe,pa va II I V.'\lV ,1 I)> h.- K-.ng V.r K. v JT 'UP A APl.it C if• ii V SWI FT DEI.IGHTS n youT I Vfp.iv .ill u iih 'i «f»ft trn»nrtl su»« isfi..ni R.nio M.ih.il T** 1198 words
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Advertisement183 1981-10-23 10 When you dine, dine Cantonese. 3 i 40 If pleasing your palate is achieved only by eating the l>est. then dine Cantonese at The Inn of Happiness for the l**st Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stajfe is set for an183 words
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Advertisement129 1981-10-23 10 [V thatteaS! IS&P^i Thr rumour s true. For The Citation is a very private and exclusive dub for business executives. Secluded beneath the Cockpit Hotel, its furnishings are the very finest; the atmosphere appropriate for business entertainment Come and experience a businessmen's haven. flht A WAY Of LIFF a Oxiey129 words
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RAW MATERIALS
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Article906 1981-10-23 11 COFFEE: Robusta coffee futures yesterday held steady in quiet morning trading. Futures opened £15 a tonne higher in the Jan contract in line with New York's close on Wednesday and finished the morning £15 to £9 a tonne higher across the board in a volume of only 892906 words
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Article118 1981-10-23 11 THE Kuala Lumpur market yesterday closed higher on further buying interest in fairly quiet trading, dealers said. In October the south region rose M 52.50 to $932.50 a tonne. November saw south and central traded $7.50 and $2.50 higher respectively at $930 while north closed at $942.50. Hie118 words
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Article166 1981-10-23 11 CHINESE Oewt «B: Bulk fob $***** sellers, old drum (in second hand drum) fob *122.00 sellers, new drum fob $126.00 sellers. Opr»: Mixed (loose) $57 buyers. rupptir Muntok white pepper fob Asta NLW $380 00 sellers, Sarawak white pepper faq fob NLW $375.00 sellers. Sarawak special black pepper166 words
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Article194 1981-10-23 11 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) CrttM yarn: China Blue Phoenix 20k 2.450 32b 2,990, 40s 3,140 (per bale of 400 lbs). Piece fifc: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly194 words
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Article321 1981-10-23 11 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first clan (Kangaroo) new crop 1.33, 100 per cent second clan 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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Article65 1981-10-23 11 THE STRAITS til price in Penaag yesterday recovered six eeits to MS3S.M per Uto, still within the lew ITC npper sector range sI $34.18 aad dealers said. The rise followed Leader's steady seatfmeat with straag sappert tram laOaeatlal bayers, with light Japaaeae, US aad leeal laterest Taraever rsae65 words
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Article34 1981-10-23 11 Rubber: Oct 22 Singapore: Nov: 188.50 cents (down 7.50 cents) Malaysia: Nov: 225.50 cents (down 4.50 cents) Tin: M 535.60 per kilo (up 6 cents) Official offering: 215 tonnes (up 45 tonnes)34 words
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Article193 1981-10-23 11 SOYBEAN futures in Chicago on Wednesday closed on a firm note, up 3VS US cents to Vt cent per bushel in a 14 cent range in January. Late buying in the January by the wire house, after buying large quantities of November, January and March earlier, prompted continued support193 words
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Article285 1981-10-23 11 RUBBER prices In Singapore yesterday closed lower with November One RSS buyers quoted at 188.SO cents per Idlo. down 7.50 cents from Wednesday's close, dealers said. Morning prices were marked down slightly on some long liquidation following lower Japanese advices, they said. Afternoon prices lost further ground on lack285 words
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Article327 1981-10-23 11 RAS prices In cents per kilo yesterday; rw Buyen Int. 1 R.S.S prompt f.o.b. 188.00 Int. I RS S November 192.00 Int. 1 R.S.S. December M.00 Int. 2 R.SS MOJO UK/OM MOJO Int. 1 R.S.S ***** UK Coot 15X50 Int. 4 RAS. 148J0 UK Coot 147 JO Int327 words
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Article113 1981-10-23 11 NOON SSI 1 i 1 1 •+*r KAI Nevsel Mr D««— ikw jCmmmt Mlk) <F»r»«r* Mlk) SSR 10 (1 ton palbtl Osfffv A 10-50 lUil I 164J0N 163.50 166 50N SSR 50 il Um pdkt) mojo 162.80N 161.50 163 SON MISLS N) M— bw 1 Iwto SMR113 words
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416 1981-10-23 11 Reuter CHINA'S 1981/82 total oilseed production is forecast at 22.9 million tonnes, up from 20.9 million tonnes in the previous year and 55 per cent above output in the 1976/77 year, the US Agriculture Department said. In its world oilseeds circular, the USDAReuter - 416 words
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Article234 1981-10-23 11 WHEAT futures in Chicago on Wednesday closed up 3Mt to four US cents per bushel. Early exporter pricing and talk of port delays for ussr-bound Canadian wheat spurred rumours of USSR buying interest, underpinning prices all day, traders said. However, many traders believed the exporter buying was primarily covering234 words
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ASIAN STOCKS
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Article364 1981-10-23 11 SHARE prices in Tokyo yesterday closed easier on scattered profit-taking after Wednesday's sharp gain with sentiment still depressed by the high levels of margin buying, dealers said. The market average lost 37.70 points to close at 7,216.29 in thin and nervous trading volume of 230 million364 words
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Article27 1981-10-23 11 THE Manila stock market yesterday again closed easier but turnover rose slightly to 1.4 million pesos from 1.2 million, dealers said. [£22(52 3 ii i V ■>——27 words
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Article683 1981-10-23 11 OCT U8» ACT Induatrtaa Addraaaocrapta Alrco Tnr Alc&n Alumln Allacheny Lad Allied Cham Cp Allied atom Allia-Chalmert Alumbqo Am«r Am Alntoaa Am Braadi Inc Am Broadcaat Am Can Co Am Cnainll Am Dae Pwr Am fi(inii Am Horn* Prod Am Motor* Cp Am Natural Oaa Am Til683 words
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Article36 1981-10-23 11 STOCK prices In Bangkok yesterday closed generally steady in slow trading. OCT B Habtt Bui«kok Bank m unci) FW Truct -0J6 «S»* nrtS* WkM unch Stem CMMOI Id unch Stem City Bouth AM run •ON36 words
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Article130 1981-10-23 11 PERTH-BASED Swan Brewery continued to dominate attention in Sydney yesterday as speculators pushed up the share price in anticipation of a new takeover bid, dealers said. The All-Ordinaries index firmed 3.2 points to 569.2 in one of the quietest sessions of the year, dealers said. oct a130 words
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Article24 1981-10-23 11 Wednesday 1252.81 Week Ago 1205 72 AUSTRALIAN INDUSTRIALS 085.5 083.7 WMk Am 087.0 ALL ORDINARIE8 Thursday 570J Wednesday 500.7 Week Ago 577.524 words
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Article249 1981-10-23 11 HONGKONG STOCKS in Hongkong yesterday closed lower after a steady performance earlier in the day. The Hang Seng index closed down 16.69 at 1,236.12 after Wednesday's 25.09 rise. Share prices fluctuated widely on the day with the index posting a 12.30 gain by 11 am. The market249 words
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Page 11 Advertisements
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Advertisement46 1981-10-23 11 < illi K.irv < >ltl Nodus]ll lnjil.iml unikr~i. hm) winn-M. rr\ il S».< »idi\\ lii4>\ :iit'n.vi;il«.ti. P*\» wzm 77SV: mi "M %L .N m m mm n RESTAURANT 334-336, 2nd F»., Shaw Centre. Tel: *****35 4th Fl., Bukit Timah Shopping Centre. Tel: *****98 Jalan Sultan Ismail, Kuala Lumpur46 words
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Advertisement65 1981-10-23 11 Golden Phoenix Sxeehuan Restaurant ■s f m HH •s ir Am- 3rd floor World Trade Centre Singapore's most famous restaurant now expands into another bigger premises. Floor space to cater for a hundred tables. Still, the undisputed choice of gourmets. Phone *****30 1 for reservations. For easy access, please use65 words
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1268 1981-10-23 12 BID and otter 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 Acaa (1458 2_S3S)XD1,268 words
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Article162 1981-10-23 12 mngafou uNrrnun(llM|n>)riMkrM8) The Commerce lit r«2 The Saving* Fund l.C Lit S pore Prof Fund LB ljfad S'pore 9k. Fund UT LK S'pore Invert Pud MS LM S'pore Equity Pood LB LTT WiMKPMOf Diamond S'pore Fd (USD s» INCOME MM (Cfcvwft pi rtMB) Ml Ui LA4 (SepXtodajr) D162 words
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Article2768 1981-10-23 12 *„1MI Hick Low Company Last Sale +orGr*a Div Div Cwr Grt YTd Nat P/E Vat COOO) Day High Low 8ECTION ONE INDUSTRIAL ft COMMERCIAL «4 35 380 312 420 ■200 470 582* 975 430 250 115 130 150 308 78 380 220 322 238 Acma Alcom Allied2,768 words
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Article1355 1981-10-23 12 BID mad offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number at shares traded shown in brackets in lots at 1,000 units, unless otherwise specified. Donnuu AIMS (LBB DC) (J) LS (J) 1-21 xrl AMD (US) (I)1,355 words
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283 1981-10-23 12 Public offer from Cable Wireless AFP THE British state-owned giant, Cable and Wireless, is offering shares to investors in Hongkong, Britain and other countries in which it is active. The company is offering 133 million shares or just under 50 per cent of the share capital at l£Bp for everyAFP - 283 words
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Article697 1981-10-23 12 TRADING at fee Stock Exswarst: Strait* Tlaes bMU tadei etoeed «.47 pdato iMWIiaML Wok epealag pdeee m 4 teae hr the «v. It» •w wMww< to be very tkla. With this lull, muy hrekMg Una* in aaktag Mr ■tofl to tak« Mr leave aad •elves697 words
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Article605 1981-10-23 12 UNCERTAINTY over Malaysia's budget kept Investors to the sidelines at the Kuala liimpur stock market yesterday in generally easier conditions. Investors were apparently more concerned with the gloomy forecasts of the budget than of anything else, leaving little interest, if any, for the market. Sources said605 words
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COMPANY NEWS
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Article361 1981-10-23 13 Market Talk... THE Dmlifii* Baak tf fltagapare is expected to achieve pre-tax profits of more than $300 million by 1983, according to UK broking firm, Moatagv Loebl Stanley Jk Co. The firm estimates DBS will make a 41 per cent gain in pre-tax earnings to $167.1361 words
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Article374 1981-10-23 13 Campaay Nanyang Supreme Plant Textile Corp Raleigh UIC Toshiba Kinta KeOas George Town Mura La Sea View rcnff F F I I F F I I I F Date last year 17/9 17/9 25/9 26/9 30/9 27/10 31/10 31/10 31/10 1/11 L Net EPS (eeata) 33.7 7.10 15.6374 words
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193 1981-10-23 13 Four more bumiputra dealers for C C (M) FOUR more bumiputra dealers have been appointed this year by Cycle and Carriage (Malaysia) Sdn Bhd to market Mitsubishi cars. This raises to seven the number of bumiputra dealers appointed in less than a year. The four new bumiputra dealers are Performance193 words
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Article236 1981-10-23 13 GLENEALY Plantations' various investments in plantation-related companies have a market value about three times their book value. As at June 30 this year, the investments were worth $196 million compared with their book value of only 147.2 million. But with the recent downturn in the stock market,236 words
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Article369 1981-10-23 13 THE outlook for Khong Guan Flour Milling in the current year is not "too optimistic" although directors are determined to do their best. Chairman Chang Ming Tbein, in his latest ai—mU review, says the local flour market is still beset by keen competition while export369 words
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712 1981-10-23 13 HSUNG BEE HWA - By HSUNG BEE HWA HAVING reaped bumper profits for its last financial year, Singapura Building Society (SBS) is now poised for further expansion. The company has already opened a new branch at Geylang and two other branches will be set up soon. Meanwhile, the management712 words
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Page 13 Advertisements
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Advertisement63 1981-10-23 13 QPjms PIL Eastern Maritime (Colombo) Limited Colombo Eastern Maritime (Thailand) Limited Bangkok Hong Kong Eastern Maritime Limited Hong Kong Lean Bee Company Penang Malaysia Supping Corpn Sdn Bhd Kuala Lumpur Maya Manufacturing Trading Co (M) Sdn Bhd Malacca Mid&E.A. Containers (Pte) Ltd Singapore Pacific International lines (H.K) Limited Hong Kong63 words
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Article200 1981-10-23 14 SIOW LI SEN - SIOW LI SEN ALTHOUGH new issue Van Der Horst was expected to be undersubscribed, most merchant bankers were taken aback by the amount the shares have been undersubscribed. Underwriter Baring Brothers said yesterday that only 1.314 million shares (ex- 35 per cent of the issue)200 words
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Article218 1981-10-23 14 EVEN broking firms are doing it now giving their staff a treat and instilling a sense of belonging by paying for the staff's holidays. So far in Singapore, only some manufacturing companies are rewarding their workers with all-expenses-paid holidays. The staff at Kim Eng218 words
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Article40 1981-10-23 14 PERMODALAN Nasional Bhd has increased its stake in Guthrie Corporation to 96.3 per cent of Guthrie's ordinary shares. It said its formal offer has now been extended until further notice. Permodalan is offering 901p per ordinary share.40 words
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Article315 1981-10-23 14 BME Darky Bertad baa coaflrmed ttat it is mopping ap the miasrlty stares li lt> earreatly IIJ per eeat nwaed ntaMUry KempM (Malay»). The groap aaaeaaeed yesterday It is stferlag Mfl.M la cash fsr every erdlaary stock sf a dollar each la Kempas. This compares315 words
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Article527 1981-10-23 14 KOH TSE YING - HH I II w Companies Editor: Mano Sabnani By KOH TSE YING THE development and construction of all three phases of the E and O Complex in Penang will cost Jack Chia $123 million at least, according to current estimates. This is $38 million527 words
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Article708 1981-10-23 14 LONDON, Thurs. Share prices drifted lower In thin trading throughout the session following falls in government bonds. At 3pm the FT index was down 6.2 points to 470.3. Government bonds fell by up to 4 point in longer maturities and V« point at the short end. Dealers said708 words
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Article53 1981-10-23 14 AP NEW YORK, Thurs. The atock market beaded lower amid new interest-rate and inflation worries. The Dow Jones average of 30 industrials slipped 1.91 points to 849.12 in the first half hour. Losers took a 2-to-l lead over gainers in the early tally of New York StockAP - 53 words
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489 1981-10-23 14 HSUNG BEE HWA - By HSUNG BEE HWA INCHCAPE Berhad has lost yet another motor franchise. The trading group, whose franchise for Toyota cars will be taken over by UMW Berhad from next year, will no longer be distributing Land Rover vehicles as well. The Sime Darby group489 words
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Article, Illustration303 1981-10-23 14 MR Michael Fam (atave) may remain as executive chairman of Hume Industries (Far East) Ltd despite the fact that the group is now 97 per cent owned by Hong Leong Holdings. In Hume FE's latest annual repot, Mr Fam expressed his willingness to303 words
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Chief Price Changes
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Article151 1981-10-23 14 Rises Indices Buacci Beai Berjuatai TO 780 >90 30 Oct n Oct 22 F E Uviifitoi B S«Bb»»«m out PAN SIS >23 BT Indicator *****9 *****0 300 710 sin 6 5 5 Industrials Finance (45.23 1358.(1 OIK 1352.13 Falls Hotels: *****5 ***** Properties (39 23 (34.78 Mtiu Ctsiaers 200151 words
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Article, Illustration138 1981-10-23 14 PUCES eased «tightly at Ike Stock Exchange ml Stagspare yeatertay m thta taraever. The Btratta Iteea laiastrlal Mex leat 147 paiaU to CK.7f while the Bmdmem Times Mex vu towa ljm palate to UtJM. Rises Indices Idtris Hyd 900 Oct 21 Oct 22 Trooofe 1090 +40 BT Index:138 words
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Page 14 Advertisements
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Advertisement337 1981-10-23 14 SUN SPOTS and 'iiTiliTiTi Despite the voodoo-like incantations of pessimistic "high priests", the Daws have gained over 50 points since bumping s 16 month low in September. Other indices displayed similar advances, much to the discomfort of stock market guru's, luxuriating in the irrationality of their fiscal disciples. On September337 words
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Advertisement207 1981-10-23 14 Made in West Germany The extraordinary electrical waste paper basket Leaves No Trace Of Clues Which Might Lead To A Breach Of Office Security. This extraordinary waste paper basket features a wide opening in the middle of the lid of the machine and an elegant basket which sets in easily207 words
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Page 14 Miscellaneous
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Miscellaneous64 1981-10-23 14 OUTLOOK for Singapore from 6am to Ipm today: Generally cloudy with showers in I several areas after midday. Report for 24 Man prfer to 7 M pan m Oct at the airptrt: Maximum temperature 32.6 Associated humidity 63 Minimum temperature 25.2 Associated humidity Hours of sunshine 4.75 Rainfall in millimetres64 words
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SHIPPING TIMES
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216 1981-10-23 15 AFP THE Pacific rim countries' demand for coal will exceed the world's shipping capacity by 1990 if there is no construction of new carriers and port facilities. Speaking at the bank's two-day regional conference in Hongkong, Mr AG Rogers of Chartered Bank explained thatAFP - 216 words
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528 1981-10-23 15 JAN LEE - By JAN LEE A NEW weekly service from Singapore and Malaysia to Afghanistan, Iran and other Middle East countries via the increasingly popular Trans-Sibe-rian Container Line (TSCL) is being offered by Mac-Nels Agencies of Singapore. Boxes from Singapore bound for these destinations are feedered528 words
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PORTSIDES
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Article147 1981-10-23 15 AFP TWO new container shipping lines were designated meat carriers to the east coast North American market (ECNA) by the Australian Meat and Livestock Corporation from Dec 1. They are the ABC Container Line (NV) and the Bank and Saville Line, subject to their earlier assurances toAFP - 147 words
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Article81 1981-10-23 15 AFP THE state-owned Thai Maritime Navigation Company (TMNC) has announced plans to purchase a 10,000-ton vessel to ply between Bangkok and Japan. A budget of U552.25 million will be used to buy a second hand vessel to service the route, said TMNC managing director PhetAFP - 81 words
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Article57 1981-10-23 15 Reuter DOCK workers in southern Madras port went on a lightning strike on Tuesday but called it off later in the night following a settlement over a wage bonus dispute, an Indian Shipping Ministry official said. The strike stopped loading and nninatting of ships, but portReuter - 57 words
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Article65 1981-10-23 15 THE Finnish company Sally Lines has announced that it is suspending its new cross-channel ferry service between Ramsgate and Dunkerque in France until April 1 at the latest. The company said the Ramsgate fairway was too shallow to operate the ferry in bad weather. In addition65 words
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Article735 1981-10-23 15 Sfclppiag Urn AcMpckfO Shoe 9 Page VI CM a Adriatic Cant AIM vm VI 4 1 A/ro-Euraai* VI 1 Alfred cr Aittnta* Alpac Andhika Um AaftuUn Arvfancvp Antata* vm vn VI vm VI V vm 1 4 9 1 4 1 9 ANL i 1 APL Arfcadae735 words
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Article394 1981-10-23 16 AUIVIU KEPPEL WHARVES Agnes Venture (after Aristogenis) 33 34 Berlin (neberth after Sriwijaya, D/L) 35 36 Billiton (0700) 21 East Bunga Gelang (2300) 45A Chi Grand (after Vishva BandKan) 47 Equator HI (after Berlin) 35/36 Feng Tai (after Berlin unberths) 46 Hannah Lu (after Berlin) 35/36 Raising394 words
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Article804 1981-10-23 16 RECEMNC OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy Estimated No. Time of Arrival Date Time Shipping Lines Gdn Mode of Operatn a E pre 835 fuSi! gg~ SSWSr" W rauS. S!2«' 0300 Green Asia ssar Su* s 2j! 0600 s gas i?°804 words
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Article1585 1981-10-23 16 ACTIVE chartering for grain cargo on Wednesday out of North America featured an otherwise dull freight market but rates generally failed to show any marked increase. In fact, cargoes from the US Gulf to Holland received the lower levels of US$lO.9O and 111 compared with *11.25 previously. Business1,585 words
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Article731 1981-10-23 17 VESSELS Opaa: Fllipp Mj&kharadze geariess bulker 1972 32,404 dwt grt/nrt 198.4 m k» 24.4 m beam 10.69 m draft 7Ho/9Ha 4,4137cbm grain 14.6 knots on 38 tonnes MFO 2.5 tonnes Do open Indian Ocean second half November interested any cargo from South-east Asia/ Australia/E. Africa to Mediterranean/ Continent.731 words
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236 1981-10-23 17 Reuter JAPAN is ready to resume high-level talks on shipbuilding with Western Europe to help defuse overall trade friction following a big Jump in ship exports this year, the Japan Shipbuilder!' Association said. The value of Japanese ship exports to the EEC Jumped someReuter - 236 words
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416 1981-10-23 17 FUEL economy has increasingly become the key factor in justifying the replacement of all vessels because of the rising cost of fuel. This issue was highlighted at the recent workshop on shipping fuel economy, sponsored the Chamber at Maritime Industries of the Philippines. Statistics416 words
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Article, Illustration178 1981-10-23 17 MR bit 8 Bnffls— has succeeded Mr Erik Nes as managing director of Barber Wilhelmsen Agencies Pte Ltd, Singapore. Mr Q-ik Nes has taken up a new position in the company's head-offlce in Oslo, Norway. Mr Berentaon has a long aaaociation with the Par East and South-east178 words
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Article69 1981-10-23 17 AFP THREE new warships have been officially included into the lnAww»ri»n navy fleet at a ceremony in the navy base of Surabaya in east Java. Indonesian Defence Minister General Mohammad Jusuf presided over the ceremony. 11* ships destroyer escort Kri Demotoro, tan if landing ship Kri TelukAFP - 69 words
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Article384 1981-10-23 22 aarhus Jutlandla, ScanDutchf, Oct 27. B. Permal, ScanDutchf, Nov 3. ABIDJAN Asian Summit, MOL, Nov ABU DHABI Jebel All, UASC, Oct 29. Torrens, Wllline, Nov 2. Bar'zan, UASC, Nov 9. ACAJUTLA Murrayeverett, Mex Nat, Oct 29/30. ACAPULCO Murrayeverett, Mex Nat., Oct 29/30. Ned Fukuoka, Nedlloyd, Nov 2. ADELAIDE384 words
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Page 15 Advertisements
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Advertisement374 1981-10-23 15 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel *****89 Port Kelang.T«l *****1 Kuaki Lurr.por Tel ***** Penortg Tel *****6 k CONTAINER Schedules SHIPS In Port LONDON Freights Orient Exchange SHIPPING Schedule REGIONAL Weather I \R1)I\1 N I Orient Overseas Co4iiojMeA Line 'v'iT'.'y ii •V. l i irfpa374 words
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Advertisement87 1981-10-23 15 to* 18 tov 22 Nov 25 ov 25 o* 29 Dec 2 ec 2 Baltimore Norto* No* 21 No* 21 No* 23 No* IS No* 29 No* 28 No* 28 No* 30 No* 23 Dec 6 Oecs Dec 5 Dec? Nov 30 Dec 13 tea Land itomer Service/Booking ???5??? Terminal87 words
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Advertisement452 1981-10-23 15 Nedlloyd Lines Regular Liner Services To/ From All Parts of the World. Singapore Tel *****89 Port Ketong TH *****1 Kuola Lumpur Tel ***** Penong Tel *****6 n*r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: VS. PACIFIC, OULF, ATLANTIC, EAST CANADA, ASIAN PORTS *"<" *1 jPort Kelang I Ptnang Veaael Stagapore452 words
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Page 16 Advertisements
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Advertisement973 1981-10-23 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERb WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Cmtamm Unkt Feeder f Kdanf Vessel B DAHLIA In Port JUTLAMDW B PENAGA 30/10 B. PERMAI B DAHLIA 6/U KKOMKAN B PfNAGA 13/11973 words
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Advertisement223 1981-10-23 16 1 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA irin'irmr mm um m/m a/u n/w */m a/14 ji/m vu *Vl4 I VU VH 1/11 J/11 12/11 "i/n I 1/11 ,/l! 14/11 IVU 17/11 •/n I ivn a/n a/a 25/n n/u 3 EE MHMMMU "BARBER TOBA" 2, "BARBER THERMOPYLAE" M223 words
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Page 17 Advertisements
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Advertisement424 1981-10-23 17 OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunai Porta and Bangkok CONTAIN?RSHIP SERVICE 10 UK CONTINENT a/12 2t/ii M/ 12 M/U S tnmtk mi CONTAINf RSHIP SERVICE EROM UK CONTINENT BANGKOK AGENTS: BOMCO SERVRES LTD. BANGKOK TEL 234-1(22 (5 IMS) A Joint sanrica of Ban Una, Ben424 words
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Advertisement290 1981-10-23 17 rfcy Franco Bolqian Services Jr > 'y. h-. t.. NWt Sib* Uftw* PJMan fpn ai*t SS%' 1 Oct 3Oct 4 Oct t* Oct »Oct lOct 5 Orf Oct I Oct J Oct 29 Oct 30 Oct 10Oct 14 Oct ISM 17Oct 14Oct 7 ft* tin 15 Oct 19Oct »Oci 22290 words
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Page 18 Advertisements
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Advertisement537 1981-10-23 18 Hapag-Lloyd a Spore P* 12/11 14/H Mount! Bay Kawti Mara FROM NORTH-EWOPE IHumi IPK S part KTwj B naf 84am 29/10 31/10 5/11 7/11 9/1111/11 Agents SEGANI Srtapore *****11 Boornt *****09 CfS *****72 Temwia) *****33 IIT*M 481] 1 iS]?39 *****4 P Manf 3»6783 *****8 CfS 389?78 Pfjnf *****7 ***** MEDAFRICA537 words
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Advertisement486 1981-10-23 18 s* KOREA ZZ G P. Kelang PENANG STORE VE6A 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 BUSAN ALTAI 169W 27-30 Nov 1-4 Dec 5-8 Dec FROM BUSAN BANGKOK ALTAR 170E 27-30 Nov 1-4 Dec 5-S Dec486 words
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Advertisement589 1981-10-23 18 EVERGREEN LINE r FAR EAST/EUROPE CONTAINER SERVICE I ACCEPTMG Fa ft Id CARGO FOR: S>»» MM Hm*w| fdntm Mtartai lahmy l« Mjw f»w*U kW 14/11 11/11 11/11 It/11 a/u E»«U|M 31/]| 11/n 2J/11 2VU 27/11 29/11 31/11 C»«t Victwy 11/11 2/U 4/12 t/12 1/12 11/12 C*wl»tt lt/11 24/11 It/12 12/U589 words
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Advertisement849 1981-10-23 18 Burma Fhra Star Sftippinf Corpn. uHk "BURMESE NATIONAL LINE LOWING FOR RANGOON N£W" manorm* MTOCTW 12/14 Nm B F s S C Agent* m Motoywj BOUSTEAD SHPHNG TEL NOS tCL *****1/*****3 CampMM Arftntina 0, MinMMii imcfcammwrtrt S A. C.I. F. ARGENTINE NATIONAL LINE' LOAOM6 FOR DURBAN MONTTVDE 0 BUEJK ACONCAGUA.849 words
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Advertisement346 1981-10-23 18 mO.S.E. OCEAN SHIPPING i ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE nam NUESTKUJ TABHOmw HOKO MMU OGONKSOURCQ MURE MTAQ MMtl UarTSOfTMIM KTOTER NMU 2S-27/19 29-21/10 31-1/11 1-1/11 1-2/11 1-2/11 19-11/11 17-11/11 11-17/11 22-23/11 29-29/19 29-30/10 2-3/11 3-4/11 34/11 3-4/11 12-13/U 19-21/11 19-19/11 24-25/11 21-22/11 29-21/11 29-27/11 W ocean swrws t346 words
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Page 19 Advertisements
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Advertisement589 1981-10-23 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) 19-20/11 24-25/12 27-28/1 Accepting LCL Cargo to Colombo 8 Aqaba. S.E.A. Container Feeder Service SINGAPORE/PT KELANG/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS cm NEP TOPAZ NEP AGATE NEP TOPAZ I TO! ii'm: PT. KELANG 55N 22/10 18/2 M 28-29/10 55N589 words
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Advertisement692 1981-10-23 19 n7> BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EIMOPE H BUBC 8 **1* 4QAM mm SOTO* Franc* M UK 22/11 15/11 24/11 22/11 1/12 1/12 15/12 1/12 14/12 17/12 22/12 15/12 2/1 21/12 VI 5/1 21/11 11/12 11/12 14/12 1 21/11 21/11 17/12 IS/12 21/12 2 Frattrt bpmi 4/12 4/12692 words
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Advertisement765 1981-10-23 19 H iV Ki I l r i V :s < i 'ft*! Scan Dutch 9 WEEKLY EXPRESS CONTAINER ED/UK/NC/SCAN SERVICE I OAMJA UPart POMA 30/10 QMM VU PCNACA IVU I OMtW 20/11 I PEMfiA 7// II DOHA 4/1? PUMA 11/12 I OAMtt 11/12 I) OarcaMa Gawa. lagxra 2) A* Inarpaat765 words
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Advertisement584 1981-10-23 19 3 5 A r 1 i <1 (ACCEPTING CONTAINERS ONLY) SPORE R'DAM HULL HMBG SANTA ELENA Pt 16 Nov 25 Nov 20 Nov FORTHBANK 4 Nov 29 Nov 3 Doc 6 Doc CORABANK 17 Doc 11 Jon 15 Jon 18 Jon (Deep Tonk Spoce Avoiloblo) Lykos/ Lines U.S. WEST COAST584 words
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Page 20 Advertisements
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Advertisement640 1981-10-23 20 V *I"K"line KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA Cji|mi M hi MM, tmmmm. Par*M It—tw. Urnta, Mm Ortia St Nvfeflu BaMnw IklmriCi JAPAN-STRAITS-JAPAN VesM Penanf P Ketone Spoc* Tokyo N*o» *ot* MM) MY *11 20/10 22/11 24/ II 25/11 7/11 1/11 9/11 men« yn i/n i/u640 words
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Advertisement580 1981-10-23 20 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CMTMKR/REEFER SERVICE lootf* tar lOS ANGELES. SAN FRANCISCO. SEATTLE. TACONA. VANCOUVER (C Ampin fa/fa u*n -ins."— a Oct a Oct 21 nn AUSTRALIA EXPRESS CONTAINER SERVICE AniptNn FCL/FCL CaatMHn PWm| Spwt IMb AM Si* 5 Nn IS Mm M Nn 30 Nn 9Ok 10Ok 71580 words
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Advertisement375 1981-10-23 20 < •■'<>■■■> SINGAPORE SHIPPING AGENCIES PTE LTD 20TM (LOOK OCf AN BUILDING SINGAPORE 0104 MARKETING 9111?? 13 LINESI GENERAL *****1 114 I INE S» TERMINAL OF I ICE ???3583 TELE* RS?4S96 RS 2«>68 A B CARSMIP CABLE CARGOSHIP rron IL\!l Regional Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK SAMaa 29/39375 words
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Advertisement566 1981-10-23 20 KORINS MARITIME SERVICES ft Room 601 ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4 *****5 MIDOIf EAST/BED SEA/EUROPE SERVICES JMYANG No. IS. pore P. Kelang Loadng For: 7 Oct Bandar Abbas/B. Khometi Spore P. 27 Oct 3 Nov 3 No* Bandar Abbas/B. Khomeni J7j yHyundae Shipping566 words
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Advertisement526 1981-10-23 20 INTRASCA (PTE) LTD. Suite 2616 Internationa' Pta/a Amso»: Singapore 0207 Tel 224b5l 1 10 Lm«-si BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE METI NBIIS A. FDEUTY NBII7. 3 Ho» MttMi/UmsoM/irsoßos/ HoMffi/Rsttortaa/TRary 22 Nov -doFULL CONTAINER EAST BOUND SERVICE A. FBQJTT A. EMJEAVOUR.. ETD ROMRAT ETA STORE 19 Oct526 words
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Page 21 Advertisements
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Advertisement782 1981-10-23 21 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): TW BRME IW+ 29/10 N WOE 4 W 2/11 OCWF27W 8/11 K. lACEWON 15W 13/11 K. JACEJM 12W 20/11 C. CONTMO 14N 29/11 m CONTAMER 21* 6/12 Also accepting cargo to/from Scandinavia TW BRIOGE S pore Closing Times: FCL Cargo LCI Cargo782 words
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Advertisement605 1981-10-23 21 MALDIVE LINES ETA KUANTAN ETA PORT KELANG MALDIVE PROMOTER 5/11 30/10 Loading For Hodeidah MALDIVE PROGRESS 30/10 5/11 Loading for DUBAI/BAHRAIN/ KUWAIT MALDIVE MAGE 30/10 Loading tor Karachi MALDIVE NEIGHBOUR 26/10 24/10 Loading For Jeddah/Jibouti MALDIVE NAVIGATOR In Port 76/10 Loading For Mukkalla MALDIVE NATION 25/10 Loading For Karachi/Dubai/ Dammam/Kuwait605 words
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Advertisement560 1981-10-23 21 ODESSA OCEAN LINE FULL CONTAINERSHIP SERVICES BALT-ORIENT LINE FULL CONTAINERSHIP SERVICES LQAPW6 FOB COMTI€MTAL/UK PORTS S pore P* MV "KK ntOROKOT- V24CW Oct 25 Oct 28 No* 8 No. 21 MV KH SARTAT V2SCW No* 6 Nov 8 No* 18 Dec 2 *V KH KP*T V26CW No* 21 No* 23560 words
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Page 22 Advertisements
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Advertisement445 1981-10-23 22 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG *,1 ,1 wv |«Mt N SHIPPING PTf I TO 1119 #ortd I'ade Ontre Mantici* Square S poit 3409 Tli RS ***** Tfl ?M881! Bkgs ?*****1 ?*****? HS M M Sdr B^ft Kt IK *****3 4860? 'P< M I»l *****6 Tit 3971b P'njni Trt 360?88445 words
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Advertisement544 1981-10-23 22 Kline kinkai KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAH/STMITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe S pore Penang P. Kelang S'pore Tokyo Robe NORDBAYVII SM SM SM In PI 24/11 25/10 f/U 4/11 K PttfED VI SM 24/10 3/11 5/11 0/11 «/ll 1»/U 21/11 NORDSTAR W 29/10 31/10 11/11 13/11 14/11544 words
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Advertisement352 1981-10-23 22 ft JOHORE SHIPPING i/q '53 JAIAN TENGHU BADAR PORT KfIANC, SEIANGOR MACAYSIA j55 \SU HAJ SHIPPING SDN. BERHAD Express Unrttoad Servce from P Ketone 1 East Malaysia Bruno HAYATI 15/11 HAYATI V: 16/S1 HAYATI t. 17/11 NAMDAM V 17/81 HMMN V 11/81 HAMMH 19/11 MB V: 1/11 AMR V 2/11352 words
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Advertisement316 1981-10-23 22 H SAUDI C FAR EAST LINE Conventional Se'vice (A 1 Sou* Flog Vassal) SN PK looting for 5/11 t/11 o** bamum, 25/11 2t/ll DM, o—mi, tat 4]«M4/414)M let wxn i\ TL 1 TRANSTIMBER LINE 1 BULK TIMBER SERVICE CMKMK JETfUt SHAHEK ETPtfItSNMfR 29/11 27/11 Sdsrno, mt, Trtesto 1* J0J714 /A*316 words
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Advertisement282 1981-10-23 22 PERK APALAN LAUTAN MRU SDN. BHD. f O Bo« 220. Itota kwbatu Sab* SECULAR INI «VK2 Sabah Sarawak Bangkok Sngaporr Port Krtar^ SEALION SHIPPING (S) PTE. LTD. Tel: *****81 Tlx: ***** SEALION SHIPPING (M) SDN. BHD. Tel: 38-7754, 38-7479, 38-9851 Tlx: MA***** SEJAMA SHIPPING k TRANSPORT SDN BHD. Tel *****1,282 words
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Page 22 Miscellaneous
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Miscellaneous147 1981-10-23 22 Regional Weather I9PSjBH| 1 m A x7 si VTL s< A ifek -sf °C yA a m Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain Cloudy147 words
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