The Business Times, 17 November 1981

Total Pages: 24
1 24 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, NOVEMBER 17,1181 60 CENTS
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  • 600 1  -  By RICHARD SEAH CTS CORPORATION, a US-based electronics multinational, will be investing I $20 million in its Singapore plant over the next five years to produce newly-de- veloped electronic compo- nents. CTS Singapore will phase out its current production of car radio components
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  • 626 1  -  By LILLIAN CHEW THANKS to the construction sector which grew by a phenomenal 18 per cent, the Singapore economy posted a growth rate of 9.7 per cent in the third quarter. This is, however, one per cent lower than the second quarter's economic performance, reducing the
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  • 394 1  -  By LEE YOKE MENG THE Asean-Japan Development Corporation (AJDC) is expected to apply for an ofbhore licence from the Monetary Authority of Singapore. The Japanese participants also hope it can obtain certain preferential treatment from the Asean governments. According to lir Hisamttsu Uetani,
    394 words
  • 150 1 AGREEMENT has been reached in principle between Singapore and Sweden that the scope of tax matching credit be extended to include incentives offered by the Republic to promote the development of its financial centre and to attract high technology investments. This provision is contained in an extension of
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  • BRIEFLY...
    • 80 1 Reuter LONDON, Mon. The price of gold fell in London and Zurich today as the dollar and sterling on currency markets. Gold has been dropping for almost a week and it fell US$9 to $405.50 an ounce shortly after dealings began this morning. It was more than
      Reuter  -  80 words
    • 76 1 Reuter HONGKONG, Mon. Interest payable by licensed banks, by certain public utilities and by the government at rates of up to 12 per cent £t annum will be exempted from terest tax from today. This represents a reduction of 0.5 per cent in the exemption limit and follows
      Reuter  -  76 words
    • 49 1 UPI BEIJING, Mon. President Reagan sent assurances to China today that Sino-US relations are a central element of his foreign policy. The message, delivered by visiting US Treasury Secretary Donald Regan, came at a time when the unresolved Taiwan question threatens ties between Beijing and Washington. UPI
      UPI  -  49 words
    • 65 1 UPI J ED D AH, Mon. The Saudi Arabian government dissociated itself today from statements by the acting Saudi delegate at the United Nations who said Prince Fahd's Middle East peace plan includes tacit recognition of Israel. A government statement said the diplomat's remarks were not only untimely,
      UPI  -  65 words
    • 56 1 Reuter TOKYO, Mon. China is planning to buy oil from Iran, though in small quantities on spot contracts. Sanko Steamship, a Japanese shipping company, said its 87,000 deadweight tonne oil tanker, Sanko Prestige, is moored off Iran's oil shipping port in Kharg Island to load about 600,000
      Reuter  -  56 words
    • 64 1 AFP KUALA LUMPUR, Mon. There are a total of 48,380 Malaysian students studying abroad, but none of them in any erf the communist countries. Deputy Education Minister Datuk Haji Suhaimi said the largest group of students, comprising 15,470, is in Britain, with the second largest group of 7,500
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    • 74 1 UPI ZURICH, Mon. Western industrial nations should move out of recession and return to economic recovery next year, Switzerland's largest bank predicted today. But unemployment will remain high and be the major economic problem of 1982, the Union Bank said in its forecast. Growth rates measured by gross
      UPI  -  74 words
    • 32 1 AFP NEW DELHI, Mon. The US-In-dian agreement on supplies of enriched uranium for the Tarapur power plant will be terminated shortly following failure of talks in Washington last AFP
      AFP  -  32 words
  • 174 1 UNDETERRED by ataek —rhal twiim I aaalyato at the 25TCS22Z SJ2S «4Nkk|M«Htnln. After a Knag epeatag, healtattea as prieee hegaa to drtft rtigfctty^BirtJyMtof Btr»ag bcjiai fntart kreaght toe Straito Vmm Mtoriil latex to ateaa Ml petato U«ter to 71SJL Till gala brlaga the todea'a
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  • 216 1 WITH two upgrading projects not due to come onstream until 1983, the Singapore Refining Company (SRC) is already planning to invest in more sec ondary refining facilities, details of which will be announced in the "not-too-distant future". This was disclosed by SRC chairman Tan Boon
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  • 271 1 THE GOVERNMENT hss given yet another perk to civil servants. They can now borrow larger aims of money to buy a bouse or a car. Under the new and car loan scheme, the amount of loan Is calculated on gross salary and
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  • Page 1 Advertisements
    • 229 1 KONGO mm i-a k Ik A. mT THE Faber Merlin group will soon own a 300-room deluxe hotel in Penang.... Page if NEWCOMER Van Der Horst surprised the market yesterday when it made its debut on the stock exchange by opening above its offer price of $2.50 Page it BANKS
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    • 63 1 Afro Eurasia Line S.A. (Chiasso, Switzerland) As an extension of its existing container service, A.E.L. of Switzerland will offer monthly sailings accepting LCL and FCL shipments from Far Eastern Ports end Singapore to BEIRA, DAR-ES-SALAM and MOMBASA. For further information and details, please contact Miss Sherry Teo. Transgroup Pte. Ltd.
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    • 219 1 RAKI CORPORATION Minufacturef, Export*. Processor Merchant Grinder* Packer* Wholesaler Stockist Widest range of Oriental and Occidental Ground/ Whole/Rubbed Condiments, Herbs, Roots. Pulses and Seeds (Grindtog data avetfable) Europe and j±Vj rn Fly via Amsterdam Why Amsterdam? Amsterdam international airport is .5 your unique gateway to Europe and the jvn Americas;
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  • BANKING AND FINANCE
    • 83 2 IB IngkMg toMWhi ef Bub ku eat mm itpirtt rates by ap to IV* putwtoge ftok UmH TTvTpSLTtoMVt prmtMiM 12 Mirths SSffS SdwSSsHI *****6 <BpWt> inwi the piilmiflil totorest rate MkMMbr liapsrt v srs st raw MMak Mi essential M «lywMn, effee- if« ylwfcj. He Im kaahi
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    • 201 2 Reuter ..MANHATTAN Savings Bank -.has submitted a plan to US state and federal regulators .to acquire the ailing Central Savings Bank. The hank submitted a proposal to the Federal ..peposit Insurance 1 Corp (FDIC) weklng flnsnrisl as- jjstsnce similar to that which was granted in the
      Reuter  -  201 words
    • 423 2  -  By ALVIN TAY WITH local interest rates on the downtrend, commercial hank* seem to be resorting to free gifts during branch openings to bring in the deposits. This free gifts war has been going on since the Association of Banks in Singapore gave the
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    • 65 2 INDUSTRIAL ill C«MmerdaJ luk Mnti Mi 11th hraaefc at Wert Cm* J£e kmc*, handed by Mr Rehert Tee, to the kuk'i large* la terms «I MM. It ptlTiiW ft Wtlll range MiHag (MM nmswrt ttaft bw the PmToom Savings aa aer. tte ether tkreftt ««Mi
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    • 90 2 MALAYAN Banking Berhad and the Bank of China have cut their prime lending rates, from 14V« per cent to 13 V« per cent and from 14 per cent to 13.5 per cent, respectively. The revised rates are effective from today. The Bank of China has also announced
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    • 601 2 MEMBERS of the Organisation of Petroleum Exporting Countries (Opec) supplied virtually no new money to the international haniring system in the second quarter of this year after a net contribution of some $7 .5 billion in the first three months, according to latest figures from the
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    • 93 2 Reuter MERRILL LYNCH International and Co is lead a USHOO million, three-year floating rale note tar its overseas finaiir» subsidiary. The notes, guaranteed by Merrill Lynch and Co Inc, will pay interest equal to the interbank offered rates (Libor), for three month Eurodollars. The nhl—coupon will be
      Reuter  -  93 words
    • 224 2 THE SOVIET UNION drew a' further $l.t billion on deposit with Western banks in the second quarter this year, leaving it with foreign exchange holdings of $3.6 billion, according to the BIS. It hss drawn about $5 billion since the end of 1880
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    • MONEY AND EXCHANGES
      • 22 2 THE average rate at which major Singapore baiki are currently prepared to lead to their beet customer* is 14.2 per oent.
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      • 139 2 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Nor 16. U8 MknKjBpt) 7 day* 1213/*****1/16 1 month 1315/*****V1S 2 months 12 15/16 12 U/1S 3 month* IS 12% 6 months 1SS/1S 13 Vie 9 months 13H 13* 12 months 139/16 13 7/16 N JH. DM 1 month
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      • 41 2 RANGE of prk as otter* id by dlscount ItouM NNovH: Ovrrmighi: lot* Call departs 3-month Bmr*t Mtag Treasury Mils 911/16 69/16 J-monUi Bank bills 111/16 1019/16 3 months CD 11 10% 6 months CD 111/16 1019/16 Source: National Discount Co
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      • 115 2 STERLING and the US dollar yesterday opened strong in London, particularly against the mark, on interest rate considerations, dealers said. Both currencies were above the Friday clone in New York but mixed on late levels in the Far East, they said. Sterling opened at $1.9210/15 and then eased on
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      • 480 2 PALLING Euro-rates pushed the American currency higher on the local foreign exchange market yesterday. It was stronger compared to weekend's close. Against the Singapore dollar, the US dollar opened at 2.0525/40. Huge commercial demands pushed the American dollar up and it closed at the day's high of 2.0690/
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      • 170 2 SINGAPORE gold future» yesterday closed generally easier than last Friday's close after fluctuating narrowly in quiet trading. Total sales (or the day was recorded at 27 lots while kerb volume was at 28 lots. Prompt closed weaker at US$4l4 JO/415.» an ounce against 415.00/417.00 on Friday, December softer at
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      • 35 2 M Itan New York in LBB IKS 1TK Zurich 1MB UB L« MM ft ftm PM ft n S>m«por» 17S8 In us CVateg prtOM to US < Mart troy ooao Source: Credit Suisse, S'pore.
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      • 135 2 THB US drilsr In Hsnghsnt yesterday was mixed S'consSsraSof and*the ponnd ruled at a lata SLJB5/50 after Its early L91J5/50, compared with Friday's New York close at lJUf/tt. But the <Wisr recovered to *****/85 marks It active late dealings tan aa early 2.2145/55 and Friday'a *****/75 flatah in New
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      • 159 2 THE US dollar for overnight delivery in Tokyo yesterday clooed easier at 2X.70 yea after a 87.00 opening, dealers said. TMs was also down on its 2MJS/227.08 dose both in New York and on the US West Coast on Friday and the 227J0 icevtous finish in Tokyo. Ttadtaf' was
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    • 581 3 Reuter BRITAIN'S top four clearing banks are divided about the prospects for a further cut in their base lending rates a from IS per cent, despite a sharp fall in domestic money market rates, ahead of any further fall in the
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    • 165 3 Reuter GRINDLAYS Da o Heng Bank Ltd has declined to on a report in a Hongkong financial newslet- ter that talks are being held in London which may result in a change of ownership of «•the bank. But, in London, a spokes- man for Grindlays Holdings Ltd said
      Reuter  -  165 words
    • 93 3 Reuter jr mP Airways has been given a mm year -rtrariis mt sa part the UBsgs millU Ism package Ike aJrttae received last vear ts bay fife DC-16 abSwft Laker had been scheduled ts nrfaH«l mv. fa-fa" backed CuTfratn the Expert Finding Cerasratfea (Peics) and a $Mi gaanurteed
      Reuter  -  93 words
    • 113 3 Reuter THE General Services Administration (GSA) plans to offer surplus silver and tin from the US stockpile for unrestricted use, unless Congress objects. A GSA spokesman said under current law the tin and silver sold from the stockpile is restricted to domestic use only. GSA said
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    • 119 3 NYT EVEN wtthaat a mem legislative greea light, the US Federal Hmdc Lmui Buk Beard (FHLB), which regelates the 4,711 «avian aid leaa nmrlstliai |tZ Heves tt has the aatharlty la permit the aavtags aaseetatleas ta eperate fflMey market mataal FHLB geaeral eeaaael Themas Vartaalaa nanated that
      NYT  -  119 words
    • 820 3 FORECAST OF CHEAPER MONEY IN KL INTEREST rates in Malaysia, which have begun to start moving lower, are likely to be cut to single-digit levels by early next year or, at the very latest, the middle of the year. This movement is widely expected in view of
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  • Page 2 Advertisements

  • Page 3 Advertisements
    • 89 3 GOETHE INSTITUT SINGAPORE presents GERMAN RLMFEST M v OtE AN6ST OES TORMMM fr pm HEWCER The Judge and Hit Hangman 15 DIH WIUWECMKL Wild Ufa WE VERLORENE EHRE DER a KATHARIMA BiUM The Lott Honour of Katharina Blum 81S on, ®*E KINDER AUS NO. 17 The Kidt of Ho. 67
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    • 169 3 This Christmas... NISSAN STANZA and a wish come true! Select your Christmas Gift from our special Christmas Collection of HITACHI products. B- j 111 A J mm T. > i ij J .W V* M KM i SpV hf\' /r--;^V* Make your Christmas a brighter and better Christmas this year.'
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  • OVERSEAS
    • 651 4 Reuter THE amount American consumers spend in the next few months will determine whether the current recession in the US will be deep and prolonged. Economists said the key to flie severity of the recession will probably be the behaviour of real retail sates,
      Reuter  -  651 words
    • 181 4 Reuter NATURAL rubber producers and consumers meet in Kuala Lumpur this week for four days of t*iir« that are likely to prove the mast testing for an international rubber pact since it began operating a little more than a year ago. The producers,
      Reuter  -  181 words
    • 586 4 AP UNEMPLOYMENT in the United Stales may return to a post-World War II peak of 9 per cent before President Reagan's policies start working to produce vigorous economic growth. The chairman of Mr Reagan's Council of Economic Advisers, Murray Weidenbaum, also said the admin-'
      AP  -  586 words
    • 384 4 Reuter MALAYSIAN Deputy Finance Minister, Datuk Najib Tun Razak, said yesterday that Britain should change what he called its intransigent attitude on trade and investment if it wants to protect its interests in Malaysia. Datuk Najib was quoted by Bertuum as saying that
      Reuter  -  384 words
    • 421 4 Reuter JAPANESE Prime Zenko Suzuki said yesterday he will reshuffle his Cabinet soon to put an emphasis on resolving Japan's persistent trade disputes with other nations. He said: "I win preseut a new (Cabinet) lineup capable of producing concrete measures to handle, economy, commerce and trade."
      Reuter  -  421 words
    • 322 4 Reuter SOLIDARITY leaders in the major Polish industrial region of Silesia have called on their members to start selecting candidates (or local government elections, a move that could have profound political repercusskns. The instructions issued by the branch and published in its information service amounted
      Reuter  -  322 words
    • WORLD IN BRIEF
      • 481 4 Agencies A GROUP of 36 Farsi-speak-ing Soviet KGB agents and a number of other experts are in Iran to help create an efficient intelligence and security force and to strengthen the economy. Time magazine said yesterday that the objective of the Russians is to establish themselves
        Agencies  -  481 words
    • 521 5 NYT ECONOMIST Lester Thurow, contending that the Reagan Administration's tax cuts provide a highly inefficient method of boosting America's lagging private investment rate, has recommended that the federal income tax be scrapped in favour of taxes on consumption. The Massachusetts Institute of Technology (MIT)
      NYT  -  521 words
    • 206 5 AFP FORMER Malaysian finance minister, Tun Tan Slew Sin, said yesterday that producers of primary commodities should fix prices of the commodities themselves. They should not allow buyers from Industrialised countries dictate what the prices should be. He added that if they were able to
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    • 91 5 Reuter TIME magazine yesterday said a French plot to kill Libyan leader Muammar Gaddafi was presented to the United States for approval earlier this year, but was dropped later. Quoting sources in Washington, it said a high-rank-ing French official brought the plan to the US
      Reuter  -  91 words
    • 652 5 DEPARTURES Service Local 1 i X For CAL CQSl 0110 KUL/TPE AI AMU 0130 PER/SYD PAA PA006 0700 HKG/SFO/NYC MAS MH12A 0730 KUL GIA GAttl 0800 HLP SIA SQ192 0800 PEN THAI TG4Q2 0800 BKK SIA SQ1Q2 0815 KUL ,CPA CX712 0830 BKK/HKG JAL JL718 0830 BKK/OSA/TYO
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    • 336 5 AFP A POLITICAL organisation In Hongkong, The Reform Club, has suggested three ways of solving the thorny problem of Hongkong's future when the British lease from China on the New Territories expires 16 years from now. The club's fT"sslf are: •The British government surrenders
      AFP  -  336 words
    • 102 5 UPI A LEADING Utfted An* Emirates (UAE) ■unspspu sf P«(ril«iB° r &q{irttiig Cennhles t* take a rtmg against liua far nllhbsnlag tP— Mi ifm. ttsns in Libya. JMiptpw A/ piitlnl as well m m BWMCnwIMHi to aiiftil ky tto Ante 41 P"*i'W h partfcaiar
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    • 615 5 ECONOMIC WOES NO EXCUSE AP UPI US Defence Secretary Caspar Weinberger has affirmed the Reagan Administration's commitment to rearming the United States despite a troubled economy. He said the mere fact that the US has some economic problems at the moment does not seem to
      AP; UPI  -  615 words
  • Page 4 Advertisements
    • 120 4 FURNITURE Touch of Class 'LUXURY INTERIORS PTE. LTD. 321, Baza Singapura St YALE AND YOG. If your industry depends on strong, reliable lifting power then it's time you started looking at Yale. H Yale's Fange of trucks can handle any job from 1000 kg. to ***** kg. weight with maximum
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  • Page 5 Advertisements
    • 336 5 with MISC Container Service rS^i| V rf MISC, Malaydiß International Shipping Corporation, roOt oat the red carpet for cargo to Europe. This means personalized attention to your needs, a modern and dependable container fleet that sails punctually, fast document clearance, regular coordination between the Far East and Europe. To sum
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  • TRADE AND INDUSTRY
    • 551 6  -  By RICHARD SEAH THE TIMBER Industry in Singapore may soon be turning to Burma for vast supplies of "non-teak" hardwood. Burma is currently the major teak supplier to local timber companies, but Singapore traditionally obtains its supplies of other hardwood from Malaysia »nrf Indonesia. A
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    • 109 6 THE Singapore section of the Institution of Production Ewgtuw will hold a oneday seminar and workshop on "Productivity and the Role of Production Engineers" on' Dec 11 at Hotel Equatorial. The seminar is mainly (or production and manufacturing supervisors, engineers, senior managers and personnel whose responsibilities art
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    • 397 6 THE Singapore Cultural Foundation will grant $150,000 to the resource centre project being carried out at (he National Library. This resource centre for the fine arts will provide members of the public with a wide range of printed and non-print reference materials and
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    • 244 6 A SEVEN-man team from the Economic Development Board, led by its chairman, Mr Nglam Tong D#w, is tan Japan this week-to sell investment opportunities in Singapore at twoday seminars to be held' in Tokyo and Osaka. The seminars, which will be held
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    • 324 7 A BRITISH-Gennan Joint venture will begin its operations next month to produce ready-fitted conventional fnd special boxes for use mostly in the electrical industry. The company, Klipton Rose Singapore Pte Ltd, is a •joint venture betweeu Klip- lon Electrical Ltd of the UK and Rose
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    • 301 7  -  By WANG LOOK KEAH THE Australian business community in Singapore has officially formed its representative body called the Singapore Australian Business Council (SABC). Listed with the Registry of Societies last Friday, the Council will hold its inaugural meeting on Jan 8 next year, said Mr Brace
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    • 60 7 SINGAPORE AMhm hae catered late a Mat veatare with I P Sharp Aeeeeiatea te tern a mpatar ■J- Called Bhyp>rr latnraetHael Mtware hnto, Ike r—peey will i—rtef i—pain tlan dan lag nrrleee aai airneei eeaipater Mftvan putetli la «W" ««Mr Beath-eaet Aatea eeaatrite. Ike twe nifdf wfl)
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    • 205 7 METRO Pte Ltd has appointed Mrs Lads L Wttaaa as advertising and promotions manager. Mrs Wilson will be responsible for all matters concerning advertising, promotions, public relations and visual presentations for the five Metro department stares. Far the past 10 years, Mrs WUssn has been working as
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  • Page 6 Advertisements
    • 509 6 A Presentation Leathergoods Wear from 17 —19 Nov. 1981 from 10.00 am. m REGIONE TOSCANA PRODUCTS Handbap *!>•(• In Mlm ALTER 01PERICOU ,4Wd^TRA i < < TA TURIFICIO B.S. SOF TURINCtO HILO ►Br m 3 m 4 CALZ.TE OK) SHOES DOMUS CALZATURE LEATHER F) a. CREAZIONI FLORENCE LEATHER F GUIDOTTI
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  • Page 7 Advertisements
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    • 106 7 in HghfSSa^ V ■tici 42? > k' I VaD POWER OA 2 TONNER DJE 15.700/ VI2H IPG) POWER GATE 3 TONNER DIESEL $22,540/- 1 m W W >K V2SW DOUBLE CAB 2 TONNER DIESEL Also Available: $16,500/V2SL(VD) 2 TONNER DIESEL 120,300 V2OT(VD) 2Vi TONNER DIESEL Si -I v. r 11
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  • 351 8 AT THE start of this year, a gloomy economic J scenario was painted and we were told the •■best we could hope for was 8 per cent growth. As recently as National Day, the Prime Minister was still predicting 1961 economic growth to be in
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  • 217 8 WITH THE proliferation of banks, both local and foreign, each of them finds that it simply has to fight harder to maintain a competitive edge over its rivals in the business. In the face of such formidable competition, it Lb no wonder that some
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  • 755 8  -  By JAMES FOLEY Reuter THE SOVIET UNION is forming a strategic bastion in the Far East to rival its heavily militarised region of the White Sea and the Kola Peninsula in Europe. Japanese and other official sources said the Eastern stronghold planned by the Russians is based
    Reuter  -  755 words
  • 383 8 THE ETERNAL optimist lives among us. A colleague rang up a company but was unable to speak to the person for whom she was asking. She was told to ring again and was cautioned that the company closed at precisely 5.18 pm and the switchboard at
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  • 447 8 Letters to the Editor Dear Or, Recent stories in the Singapore Press on> the SLA-Lufthansa dispute have drawn a parallel with the so-called harassment of SIA pa sec nm i by Australian authorities at the time that the Australian Government was investigating illegal discounting of international airfares. The
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  • 289 8  -  PAUL NEO LAM CHUAN CPPBalf! Dear Or, Plea* refer to the letter by 'Left Out' published in your paper on Nov 10 1981. As the purpose of the first phsse of the Approved Residential Properties Bfhww Is to enable GET members ts repay an ehrttng hoaofag loan, the
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  • Page 8 Advertisements
    • 143 8 •J Choose a message a company name, a logo, a phone number, a brand name. And we'll put in the right place tor you. On Papermate writing instruments that are guaranteed for life and Cricket lighters that promise"literally thoussnds of lights. For you to gfte as business gifts, service awards,
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  • Page 8 Miscellaneous
    • 650 8 CBYFTK PUIZLE 1 No tatter figure, bat aw at P^r(s) 9 rufl of ml tar certain catton? (T) 10 Afraid at draaghts? (5) 11 A gust (mm the rtver (5) 12 Crime somewhat hard oa a boy (5) 12 Sat out at right dtataaoe <*) 15 Tart cut so deep
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    • 484 8 MRfiDIO GRUESOME MURDERS| i nmJM a. ST: A cnura hmij b mat tt m INr 1 who Mm, M Ifkt 1 < J i it 1J Dyer wttfe tar u ft* kla SINGAPORE 5" 3.00 PM Op win Wowed by The Young And The Restless 125 ScMßatinc Star (r) 4.10
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  • Page 9 Advertisements
    • 192 9 WANG The source and the spectrum Wang Office automation Word processing Data processing Image processing Audio processing Networking Human factors On* company can provide you the entire range of office automation systems WANG. All six key (elements of office automation find the right focus in Wang's spectrum. After all, Wang
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  • RAW MATERIALS
    • 175 10 CHINESE Pradaee Exekaage, Staj®piW| MM cIMIIJ pricM per IM kg yesterday. Cacaaat ail: Bulk fob (108.00 sellers, old drum (In second hand drum) fob (122.00 sellers, new drum fob 1126.00 sellers. Capra: Mixed (loose) $57 buyers. Pepper: Muntok white pepper fob Asta NLW $377.50 sellers, Sarawak white pepper
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    • 192 10 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa yarn: China Blue Phoenix 20s 2,600; 32s 3.180, 40a 3,380 (per bale of 400 lbs). Piece gaada: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 806 10 Reuter RED BEANS, or "red diamonds" as they are popularly known In Tokyo, are at the centre of a cut-and-thrust battle between Japanese grain market speculators. The futures market struggle is being waged against a backdrop of poor domestic crops this year because of cool
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    • 107 10 Reuter THAI RICE exports during the first ten months of 1381 rose to IS million tonnes valued at US$l.Ol billion from 2.4 million tonnes valued at IW7J million shipped during the corresponding period of last year. The director general of Bangkok's Foreign Trade Department, Bajr Issaraaena,
      Reuter  -  107 words
    • 323 10 HAS price* In cents per kilo yesterday: lima. 1 (par kilo) (per kilo) Int 1 R.S.S. M'WB|il J o b. 172* Int. 1 It&S. December 191* Int. 1 R-SS January MM Int J R.S.S 13B.S0 UK Coat 1S7* lat 3 RSA ***** UK/Coot 1*50 tat- 4 RS-S. 145*
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    • 92 10 NOON SSI I I I 1 rdmr KAB Dhm (CVTM tkar Juun <?«rw«r* Htk) SSR 10 SSRM (l»a pailrti Il ia palWtl B "moc 154.00 100 00N 1MOON mmjwww mi 100.00 ISA 00 I02.00N *****N MKCLB D Juun iiiiiil (1-toa pallacl (1 toa pd«) (1 UK pdM)
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    • 130 10 THE Kuala Lumpur palm oil market yesterday closed mixed on some buying interest in generally quiet trading, dealers said. In November south was M 52.50 higher at $915 a tonne, central unchanged at $910 and north closed at $917. In December south was traded $5 lower at $905
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    • 415 10 SEVEKAL recommendations, larindlf the establishment of a guaranteed mlnimnm price for cocoa and the ending of the creditor-cum-buyer role of the middlemen had been made at the end of a seminar on cocoa technology in Telok Anson last week. Participants congratulated Mardi, which
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    • 804 10 COPTEE: Robusta coffee futures yesterday held steady in very thin trading after opening slightly easier. Small opening losses reflected firmer sterling against the US dollar and the New York close on Friday. Futures ended the morning mostly £3 to £7 a tonne lower after a turnover of 684
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    • 75 10 THE STRAITS tin price in Penaag yesterday fell fear cents I» M 535.72 •tier rWig a cent aa Satariay, remaining wttUn the ITC upper nectar mage of $34.08 aii $37.81, Mm nii. The fall was attributed to Increased ■■■ply though Influential buyer support wan noted at this level.
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    • 34 10 Rubber: Nov 16 Singapore: Dec: 192.50 cents (up 2.00 cents) Malaysia: Dec: 225.50 cents (up 2.00 cents) Tin: M 535.72 per kilo (down four cents Official offering: 260 tonnes (up 79 tonnes)
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    • 355 10 RUBBER price* in Singapore yesterday cloned slightly higher with December One RSS buyers quoted at 192.50 cents per kUo, up two cents from last Friday's close, dealers said. Morning prices were marked up slightly on some speculative covering interest after a higher opening. Afternoon prices fluctuated uncertainly in featureless
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    • 324 10 9NGAFOBE: Yesterday's closing prices in SI 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 seWo op no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.75, Special
      324 words
  • Page 10 Advertisements
    • 159 10 AEROFLOT offers voa A 'BONOS' RUSSIAN HOLIDAY enroute to Europe Aeroflot operates 3 flights weekly on Mondays, Wednesdays Fridays from Singapore to Europe via Delhi and Moscow. Your stopover in Moscow is the beginning of your 'bonus* Russian Holiday. See... Moscow, the capital of the world's first socialist state and
      159 words

  • 1533 11  -  It was once believed that when building a corporate empire, bigness and diversity were important. It was thought that ownership of a batch of unrelated businessess could protect a company against the vicissitudes of the economic cycle, with one business upturn annulling another's downturn. But, reports LESLIE
    NYT  -  1,533 words
  • 844 11  -  FOBUM with LEONARD SILK NYT r WHAT remains of supplyside economics in the light of the published confessions of a supply-side v champion, David Stock- man, Director of the Office of Management and Budg- et? In a series of interviews i reported in the Atlantic Monthly, Stockman said
    NYT  -  844 words
  • Page 11 Advertisements
    • 209 11 VISIT AMERICA ON YOUR OWN from $2S4d ft Dt«MU»Mt>Oo OtWhMUWMCGo MM Ken-A* has nevoUonsed travel 10 Uneed Stales HereearoTier Kan-Air tfMW you cannot retuae 1 For as H* at XXM youcanplan ya» own tu to sal your own pace go «|here you want to go and do What you want
      209 words

  • INTERNATIONAL STOCKS
    • 749 12 Struggling to maintain sewing machines sales NYT THE SINGER COMPANY may be a candidate (or a turnaround and even a renaissance as a blue-chip company. If this should happen, the rebirth will have been a long time in the making. Singer's founder helped invent the sewing
      NYT  -  749 words
    • 161 12 AKZO kM achieved a third quarter prsflt *f 11.7 militoa gaMders, agalast a 1M mllltoa Imb la the same IMI q Barter, making a «7.7 mllUm pnflt tar the drat blm msaths compared wltk ISS.4 aWii Operatlag Ibmim mm to W aillttaa galMers la the first atae
      161 words
    • 356 12 Reuter SIEMENS, West Germany's largest electrical concern, has announced lower profits and the resignation of one of its top managers. The company decided to leave its dividend unchanged, in spite of decreased world group earnings in the year which ended Sep 30. The earnings were down
      Reuter  -  356 words
  • Page 12 Advertisements
    • 209 12 "The American Express Card serves you well, wherever good food Is served". I Hi 11 ill i fin MTTJin < v v 5- Cost only HALF AS MUCH if you're residing in Singapore It's easy. Just book ouf chalet units, and enjoy a 50% discount. Offer applies MONDAY THURSDAY (except
      209 words
    • 88 12 \-or lunch For dinner For a richly rewarding experience F• >r Te>erva'u>-k (<j!i 7179^77 ik(» filling I 'nrk "^lK>■*!•(• ni *"»iit|M NUTMEGS f— MVAn REGENCVO9NGAPOfiE Canto Model Agency Migtowu m TUESDAY fashion excujsives Showtime: 1 2 p.m. oa* *****11 2110 tof *2 /S i\ s 1 X ha ■2#i f
      88 words
    • 115 12 So* Pag« 15 for Asian stocks 11\ I ■> j jGfapGreial A Merlin GriU Speciality From Mongolia comes a barbecue more succulent, more delicious than any barbecue you have ever tried before Only at the Singapore Merlin. Lunch from 12 noon 2.30 pm at $15.00 per head Dinner from 7.00
      115 words
    • 167 12 When you dine, dine Cantonese. 0 O 3 If pleasing your palate is achieved only by eating the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage is set for an
      167 words
    • 146 12 J* r r J A "I The Dragon Palace Restaurant is where you can dine in regal splendour and feast on sptendid dishes fit for a King. Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome* i a Oxley RtM/Penang Road, Singapore
      146 words

  • INTERNATIONAL COMPANY NEWS
    • 269 13 SHOWA Aluminium Industries KK has decided to suspend operations at an aluminium smelting factory at Omachi, northern Jagan, tram next June because of a protracted aluminium business slump and high power costs here. It could not elaborate on how long the closure would last,
      269 words
    • 143 13 Reuter FUJI Heavy Industries Ltd, which manufactures Subaru cars, has reported 7.5 per cent first-half taxed profit gain to 6 JO billion yen from 5.86 billion a year earlier, on sales of 256.13 billion, up from 226.56 billion. It declared an interim dividend of three yen per
      Reuter  -  143 words
    • 166 13 Reuter KOBE atiisM. Ltd expects profit before tax plus special items for the business year ending March 31 to fail to about 31.5 billion yen from 45.9 billion last year. However sales in the year are expected to rise to 1.20 billion from 1.14 trillion
      Reuter  -  166 words
    • 331 13 Reuter WESTERN Mining Carp (foldings Ltd (WMC)'s first half I*l/82 remits will be substantially lower than the year age level. Chairman Arvl Parke said la the lint 1 «89/81 half te Jan I WMC reported a net profit si $31J4 milttea. He told the aanaal meeting
      Reuter  -  331 words
    • 790 13 NYT IN THE LATE *****, when LTV, then called Ling-Temco-Vought, was the highest flier among the conglomerates. Wall Street wits dubbed it "goofballs, golfballs and meatballs", in recognition of its pharmaceutical, sporting goods and meat packing subsidiaries. More than a decade later, LTV, America's third-larg-est
      NYT  -  790 words
    • 85 13 UNAUDITED net profits at Tooth and Co rose to A 53.58 million (12.74 million) in the 24 weeks ended Sep 12, on turnover of $232.16 million «210.20 million) Earnings per share increased to five cents (3.9). The company has declared an interim dividend of 8.5 cents (7.5). Profit
      85 words
    • 23 13 Reuter KAAMAN Kodak has deelareda II U8 eeatoaahare r'saSm N^safe'rikar* phywst the Unpayable m Match 19, 1962. Ketek qaarterty 4IW
      Reuter  -  23 words
    • 284 13 Reuter UNITED BRANDS hi negotiating the poaaible sale of its A and W Restaurants Inc subsidiary, the company said in a proxy statement. The A and W subsidiary will be sold to the Taubman Investment Co, a corporation owned by A Alfred Taubman, a
      Reuter  -  284 words
    • 401 13 Reuter DEPLETING output from British Petroleum Co Ltd'* two main oil fields, North Sea Forties and Abuka's Prudhoe Bay, will be considerably offset by its North Ses Magnus field development and the pertly-owned Kuparuk field in Alaska. Managing director Roger Bex on said the
      Reuter  -  401 words
    • 174 13 Reuter VOLKSWARGENWERK AG's supervisory board has approved a consolidation package of over US$l96 million for its Brazilian and Argentinian subsidiaries. A spot—man for Volkswagen do BrasU SA aid the parent company will invest USSBO million in Its Brazilian subsidiary to help it through current economic difficulties.
      Reuter  -  174 words
  • Page 13 Advertisements
    • 183 13 A unique international survey of modem photography from The Hamlyn Publishing Group Twenty-five of the world's leading photographers have contributed to make World Photography an outstanding book. As well as portfolios of what they consider to be their greatest images, all the photographers have contributed descriptive and technical articles about
      183 words
    • 358 13 v m** m* nv: >? y.- v.; nr m V You have the nose, we have the wines... Ximotnu inc 1 11<■ (r<'i 111.111 itm l.!>(inv, It'l('l)! tiling lilt «51 (it 111.1 II \;i(i tfatui mj; vnur ot iis«- nohicsi •it. 1 >»: ,1; >tt know s( I\\ iU 11«■)ii
      358 words

  • 1599 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 ONI INDUSTRIAL COMMERCIAL Awaa (2.788) (1>
    1,599 words
  • 144 14 1W Commerce Mr Not 3.12 The Savtagf Fund 1J3 IB S pore Proj Fund in L« S'pore Sec. Fund 1M LM LI* wwm taw rw 1.06 S pore Equity Fund IM LA MMA yttn i SWT Mr Mm LB "U Mai Pro« Fund 1*7 L7T LM Mai Security
    144 words
  • 2814 14 1M1 Hick Lew C—i»aay Last Bale +erGr*s Die Dhr Cw Gr's YTd Net P/E Vol POOO) Day High Low SBCTION ONE INDUSTRIAL ft COMMERCIAL m m m sa 00 m no star tm 4M 249 119 139 IM 306 79 3M 220 SB 231 Aetna Alcorn ABM
    2,814 words
  • 1694 14 BID and offer prices offlruny listed and hnoineM 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. MBUIBULf AMa (1.48) LA (4) 1.A (I) LIT stt ACM (LMB) AMD
    1,694 words
  • 429 14 «AM pHstaMiinil to m atra«h JZjM jJ'iiSS r? Wfcy*» datoag A tow raaMua tkci mM firthar ahead, altjwagh mm Ntmtoeltaa, the BtralM m! Sit? ntmti to hftft Wl patoI» Mn to nSJlVtotol s£ ef Ml pttoto. Ah*» aMkiyto *«»«■< twTSI hi^Tto S^ww» 1 S tontog
    429 words
  • 550 14 PRICES coattaned to forge ahead la active trading at the Koala Lampor stock exchange yesterday with selected counters dosing at their best levels. Yesterday's brisk business dearly reflected operators' revived interest in the market la anticipation of lower interest rates locally by early next year or,
    550 words

  • COMPANY NEWS
    • 1123 15  -  Market Talk... a round-up of viewpoints compiled by chris lim Chris Lim THE stock market is currently in an "overbought" situation, and a technical correction is expected this week, says James Cowan Associates. "Local and overseas interest rates are in a '-downtrend, temporary though
      1,123 words
    • 154 15 PALMCO Holdings has set up two new wholly owned subsidiaries Palmco Hotels Sdn Bhd and Palmco Kimia Sdn Bhd. Palmco Hotels has an authorised capital of $40 million and Palmco Kimia *25,000. Although the company's intentions for the two new subsidiaries are not clear yet,
      154 words
    • 227 15 TRADING in the shares of Inchcape BM has been suspended on the SES and KLSE with effect from yesterday, Nov 16. The company has asked for a temporary suspension pending an announcement. Inchcape Bhd will also close its transfer books and register of loan stockholders from Dec 17
      227 words
    • In Hongkong...
      • 40 15 has announced a consolidated net profit of* $10.17 million in the year ended Sep 30 (17.99 million previously). The dividend payout will be 12 cents (same). The company's books will close on Dec 1 to 15.
        40 words
      • 75 15 has no plan to take over or merge with Hutchison Whampoa Ltd, chairman Li Ka Shing said in a statement. He was commenting on rumours of such a move circulating in the stockmarket recently. Such rumours are groundless and have no basis in fact, he said.
        75 words
      • 287 15 a shipping company in which Carrian Investments Ltd owns a stake of more than €6 per cent, said it plans a one-for-two rights issue with warrants to raise about $275 million. The issue involves 50,854,872 ordinary S2 nominal shares, priced at $5.40 each. Each first-registered bolder
        287 words
      • 199 15 has announced a profit after tax and minority interests, but before extraordinary items, of $16.86 million in the six months ended June 30 on a turnover of $401.89 million. Extraordinary profit on the disposal of subsidiaries amounted to $37.49 million. The year ago figures were not
        199 words
      • 31 15 has announced an Interim dividend of 3 cents (same) for the six months ended Sep 30. The company's books will close on Nov 26 to Dec 4.
        31 words
      • 100 15 Reuter said its previous conditional recommendation of an offer for the company from Authentic Trading Co Ltd has lapsed. Authentic, in mid-Octo-ber, bid $10 cakh per share for the issued share capital of Shanghai Hongkew. But, late last month, the company
        Reuter  -  100 words
  • ASIAN STOCKS
    • 146 15 HONGKONG STOCKS in Hongkong yesterday trimmed their early gains on late profit-taking selling to finish on or near their day's lows, brokers said. However, trading was moderately ac- tive in the afternoon and the Hang Seng index closed up 9.24 points at 1,443.06 against a 20.31 gain
      146 words
    • 164 15 THE Sydney market yesterday drifted in listless trading as investors waited for world markets elsewhere to provide definite direction, dealers said. The market indicator, the All-Ordi- naries index, row 0.7 points to 571.1. Metal and oil issues continued to ease while industrial stocks were mixed. A handful
      164 words
    • 152 15 SHARE prices In Tokyo yesterday row for the fourth consecutive day with sentiment encouraged by the gradual return of foreign investors to the Japanese market, due to easier US Interest rates and the yen's firmness against the dollar, dealers said. The market average gained 53.72 points
      152 words
    • 55 15 THE Manila stock market yesterday was steady as turnover sharply rose to MOV NM tS CM. A 1 ■Kit ■ygi'»?Sj»-» 2 3 -*4 cnc9 MlKfcMl LM «acb 1.1 million pei 407,000 on Frtda said. OHMkl ios from J, dealers m -*m WI.II MB mtch mjrr MM SK MM I*.M
      55 words
    • 58 15 SHARE prices in R»ng<rnk yesterday closed mixed but with gains outnumbering losses in quiet and selective trading, dealers said. Thai Commercial Bank MOV M RfcbU Mh r»n «W, SanTo? m JUM MM m mth m -u ■SLnSLs mmaS" 1 Thai ohm m DtMlto mi MM Thrwtf mm w m
      58 words
    • 27 15 HJLHANG SENG rrWUf lmn Week Ago u BOS AU8TKAUAN INDUBTKIALB Mondw 70M Tritt*f 706.2 Wwk """i i ALL OBOINAKIB8 Monday. 971.1 Prtd&jr sm« Wm* Agn
      27 words
  • Page 15 Advertisements
    • 123 15 TnblLKyt.Ajr/t uu Unit 1003; 10th Floor, Tan Boon Liat Building. Out ram Road, Singapore 0316. Tel: *****47 (3 Lines) Cable: STIHLSEA Telex: RS ***** ANTWERP JOHANNESBURG HONGKONG PRESDEX SINGAPORE LOSANGELES ni-WIUfcA STOCKHOLM THE PRESIDIUM DIAMOND EXCHANGE I SINGAPORE: 10*t Floor, WaNngton Bidofort Rood Singapore 0822. T«fc *****86*7 T«tec ***** 16th
      123 words
    • 73 15 A Rj X > .'fX.NAC Beautifully handcrafted. Exclusive. A gift to treasure. Yours when you purchase an Ofard XO Quart now! While stocks last. Don't miss the presence of Otard XO. or our gift this season. OIARDX.O. The Cognac with Rresence. Hagemeyer Trading Co (S) Sdn Bhd 900 Dunearn Road,
      73 words

  • Chief Price Changes
    • 153 16 Rises M U I 1210 70 H Leong Credit 1020 70 C Sugar* 1330 00 Ho«| Leone ltd 1180 50 C K Tu Tatpiag Textile Rotuiiu 900 310 870 50 42 40 Geititfi 500 35 MalakofT 370 26 Island A Pea 585 25 M Cement 400 20 Ma(ium Corpn
      153 words
    • Article, Illustration
      146 16 Rises M U I 1330 80 Sea Corp 550 +50 HLInd 1280 50 C Sugars 1430 50 M Tobacco 730 40 UM Flour 410 38 Ind Oxygen/ 300 36 T Textile 330 +35 Gen tings 645 +35 M Textile 360 +30 Perils Plant 540 +30 Pengkalen 550 +30
      146 words
  • 153 16 KEPPEL Shipyard has increased its share in Far East Levingston Shipbuilding to 59.5 per cent from 57.63 per cent previously. The company has acquired another 429,000 shares in FELS, bringing its current shareholding in the subsidiary to 13.684 million shares. It said the shares were
    153 words
  • 118 16 THE warehouse project to be developed by United Euno6 Warehouse is estimated to cost 180 million. United Eunos Warehouse is a joint venture formed recently by United Overseas Bank and United Overseas Land. UOB has a 51 per cent share in the paid up capital of $15
    118 words
  • 176 16 umm Companies Editor: Mara Sabnani MALAYAN United Industries has received the approval of the Capital Issues Committee for its two-for-one bonus issue. The issue, which will triple its issued capital, has been proposed because MUl's directors are of the view that the issued capital of the company
    176 words
  • 215 16 HONG Fok Corporation is venturing into the manufacture and processing of ready-mixed concrete. It is taking a 20 per cent share in a Joint venture with Ssangyong Cement (GO per cent) and the' Aik Hwa group (20 per cent). Aik Hwa's business includes trading, shipping and granite
    215 words
  • 750 16 LONDON, lfon. UK government bonk closed firm Although below their days highs, while equities drifted lower. At km the FT index was down 12.5 to 506.7. Bonds closed with gains at up to IV4 points at the longer end amid market hopes of more falls in US Interest
    750 words
  • 56 16 NEW YORK, Mon The stock market gave ground this morning with recession worries apparently on the rise. The Dow Jones average of 30 industrials tell 6 28 to 849.60 in the first half hour. Losers took a 5 to 3 lead over gainers in the early tally 0
    56 words
  • 411 16  -  By HSUNG BEE HWA THE Faber Merlin group will soon own a 300-room deluxe hotel in Penang. Its wholly-owned subsidiary, Burmah Kompleks, has entered into an agreement to buy a 1,494 square metre piece of land for the project. The land to
    411 words
  • 446 16  -  By SIOW LI SEN NEWCOMER Van Der Horst surprised the market yesterday by opening above its offer price of $2.50. When the specialist engineering company made its offer to the public last month, most merchant bankers were taken aback by the amount the issue
    446 words
  • 324 16 MULTI-Purpose Holdings Berhad will seek the approval af its shareholders for the company's shares to be listed on the Lumpur Stock Exchange. Shareholders' approval will be sought at the extraordinary general meeting on Dec 7 at Wiama MCA, Jalan Ampang, Kuala Lumpur. At the meeting, shareholders will
    324 words
  • Page 16 Advertisements
    • 28 16 IN THE LONG TERM IT RAYS TO DO BUSINESS WITH SOMEONE YOU'VE NEVER HEARD OF. The car and truck rental company you've never heard of. Phone: *****30,*****24,*****7. ([WT)eO4F
      28 words
    • 163 16 ■HXVS2O MTRAOC *AIDC or Automatic Image Density Control is the revolutionary Minolta innovation that makes all the exposure adjustments automatically. Just press the PRINT button for perfect copies, everytime. With the EP 520, the all-new, ultra-fine micro-carrier coupled with the advanced microprocessor controls and the improved toner recycling system ensures
      163 words
  • Page 16 Miscellaneous
    • 64 16 OUTLOOK for Singapore from 6am to Ipm today: Cloudy with occasional light rain in the early morning. Repwt for 24 hoars prior to 7Jt pm m Nov II at the airport: Maximum temperature 30.7 Associated humidity 67 Minimum temperature 23.7 Associated humidity 87 Hours of sunshine 0.35 Rainfall in millimetres
      64 words

  • SHIPPING TIMES
    • 378 17 CUTBACKS in United Nations budgets could severely hold up advances by the developing countries in maritime safety, the general assembly of the InterGovernmental Maritime Consultative Organisation (Imco) was warned. This fear was expressed at Imco's 12th assembly opening by the Indonesian delegate, Mr
      378 words
    • 516 17  -  By JAN LEE PANDAIR Ocean Freight Services, the seafreight division of Pandair Freight (S) Pte Ltd, is now fully operational since its inception in April ihis year. Pandair Ocean is basically an international freight forwarder offering worldwide inbound as well as outbound shipment services
      516 words
    • PORTSIDES
      • 134 17 Reuter CHINA'S biggest ore wharf at Beilun Harbour near the east coast port of Ningbo has been completed and the first 100,000-tonne Australian ore carrier has docked there, the New China News Agency reported. Beilun was buil 4 to tranship ore from large carriers into smaller vessels
        Reuter  -  134 words
      • 139 17 AFP THE British government has announced extra aid of £200 million to the London and Liverpool Port Authorities. These are Britain's two main ports, and the money is to enable them to overcome financial difficulties. It is in addition to the £103 million already granted this
        AFP  -  139 words
      • 55 17 MACGREGOR has won orders to supply the cargo excess equipment for a total of 13 ships ordered by Middle East interests. These are United Arab Shipping Company's order for nine container ships placed with Hyundai and the National Shipping Company of Saudi Arabia's order for four 38,500
        55 words
    • 560 17 TMppif UM PM* M SMpptag Um Cat AcWpdffO Shpf VI 3 EUat VI 5 Admiral Lines AIM vm VI 4 3 Flmi Everett Orient m IV Afro-Eurasia VI 2 Evergreen IV All trans vn 4 Feaco vn Alpac VI S Fiona Lauro V Angkutan VI 4 Franco-Be
      560 words
    • 337 18 UUUVAU KEPPEL WHARVES Arlene (0630 after Tat Lee) X KoU Selamat (0700 after Kott Bin tang) 31/32 Kinabalu Lapan (1600 subject free board) 19 New Pony (0630) 1/2 PrivoUe (after New Pony) 1/2 Perils (2200 tide) 20 West Ramoneverett (1700 after Blue Kochi) 44 Simba (after Sargodha)
      337 words
    • 895 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Name No. Estimated Time of Arrival Date Time Shipping Lines Gdn Mode of Operatn Zim Ellat 15W Zlm Canberra 9E Nihon 404 Addlriyah 17 Pegasus Pride 196H Asian Patroos 37 Sin Bhum 3B8/40N Anson 19/81N
      895 words
    • 1625 18 INCREASED sugar chartering developed on an otherwise rather subdued freight market oo Friday with cargoes being covered from Brazil to the US Atlantic at U5517.70 with option Gulf at 111.70, and from the Dominican Republic to the US at the easier level of HO. Australian sugar shippers were
      1,625 words
    • 266 19 fANKEB aperatlaas ud nmmlw October 19November 23, a series of evening lectures, City of London Polytechnic. r The Law aad PeMey af MiitfaMMm November 17-18, International Multimodal Transport, Lloyd's of London Press, Lincoln Center, New York. Internati—l sympsaism m ship aperatlaas November 17-19, a number of mini-conferences relating
      266 words
    • 243 19 TWO leading manufacturers of ship equipment, Kvaerner Brug AS of Oslo, Norway and Navire Cargo AB of Gothenburg, Sweden, will join hands from January 1 next year. In a joint announcement, the companies said: "The present situation in shipbuilding and its allied
      243 words
    • 449 19 GALLEON Shipping Corp and Maritime Co of the Philippines (MCP). the only Philippine flag carriers in the Philippine North America Conference (PNAC) have resigned from the conference effective Dec 20 and 21, respectively, leaving PNAC with only four member lines. A Galleon official said his company's
      449 words
    • 246 19 FEARS that the rush to build bulk carriers to carry coal could lead to overt onnaging are likely to be proved true in the next 12 months. Next year the number of dry bulk carriers entering the market, built mainly by owners who want to cash in
      246 words
    • 1682 24 SCHEDPIE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum oif three weeks. PN
      1,682 words
    • 190 24 THE MAJOR shipping consortia operating between the Far East/ Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/ Japan and the member lines: ACE (FAB EAST/EUROPE): Franco Belgian Services. •T' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. fV Tang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits
      190 words
  • Page 17 Advertisements
    • 249 17 PIL GROUP UfiULAI CONTAINER FSKOBH IKS TICK TO SOUTH BAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN OULF AND RED SEA PORTS. SwPagtV J 1 \HDI\i 11 SMLISjq m Orient Overseas C<micjMeA Line FROM EUROPE (VM SUEZ) HMmm laaHM I 1 23/11 24/11 30/11 1/12 1 27/11 20/11
      249 words
    • 313 17 Ui I SEALORDO UASC UNITED ARAB SHIPPING CO SAG) lII* i I, I.A 'iI A,k EXPRESS MULTI-PURPOSE SERVICES S'porc I Loading for 25/12 Dubat (6/1). Abu Dhabi (9/1), Doba (12/1), Dammam (15/1), Kuwait (18/1), Shuhaid (21/1). EULLY CONTAINERISED SERVICE MXNHYAH ¥.17 *Qom| tMCS Fa 17 0400 «s La 1( 1600
      313 words
    • 14 17 imioa CONTAINER Schediles SHIPS Ib Put LONDON Freights SHIPPING Events SHIPPING SeMile REGIONAL Weather
      14 words
    • 443 17 ri i •lb BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: US. PACIFIC, OULF, ATLANTIC, EAST CANADA, ASIAN PORTB ■SC3C lj diiii^rrrrr PhUadelphi* m •SNGATOK aOSMG TMS CY 27«
      443 words

  • Page 18 Advertisements
    • 831 18 MALAYSIAN INTERNATIONAL SHIPPING COPPN. BEPHAD. WISMA MISC, NOi, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 0449, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** Smfca .Jteder *P. Mm| Vasal PfNAGA SW NHON CONTAINER SERVICE feeder f Ketone Vessel Sport 1) Ifeed* 2) Mm 3) Hbw, 4) Gter. P£NAGA SU
      831 words
    • 184 18 II II SI kM mil wu wu •21/12 24/12 a/n a/11 i 2vn I u/12 *wu tt/u *wu nvw vi* vu ivu •a/i *wi I *wi i/i an wt I IV2 n/t TO: CALIFORNIA VENEZUELA EXPRESS CONTAINER rniripanmßam i»/n 11/11 11/12 m/u 21/12 12/U 12/12 27/12 27/12 2*/12 o/12 2/12
      184 words

  • Page 19 Advertisements
    • 628 19 The Straits Steamship Group f STRAITS SKIPPING Singapore to Sabah, Sarawak, Bnmai Porta and Bangkok i Overseas Containers Limited CONT AINERSHIP SERVICE TO UK CONTINENT CONTAINERSHIP SERVICE EROM UK CONTINENT u/u m/u »un/11 a »/u a/11 wn mmm a/u Mru n/u «vu «/u m/u m/u ■55. u/u ivu ivu MM
      628 words
    • 327 19 pjjg Franco Be/yum Services WKM f. BUM U tew* r<H *W| Oltocw I'M) 22? .2!? 1!!? Ml u| mcmom 2£ ai owuawa 'tec Ike HOk 271k II tec 2 taa 4 taa MM QMS 5f Hfc J"■ OCMUBMS I tec 17 tec I tan ilm IMi II Mi 12 tan
      327 words
    • 10 19 NOTICE •rw 3 c MM:MAMMA MNI (f u> US. N:MU
      10 words

  • Page 20 Advertisements
    • 370 20 [^Hapag-Uoyd 10/12 30/12 2/1 21/12 14/12 3/1 5/1 0/ 1 "Mm KW triaiPipwwl earn tor CAMBOEAN/WEST MKS wa Hm*w| lomnamo r TW m S pore P Ke«an( Gtooj U Sport PK 14/12 23/12 24/12 S/H 21/11 21/11 21/11 22/11 U/ll 21/11 21/11 Agents SEGAN! r*.» 3* 4- 4»HS4 f j
      370 words
    • 411 20 KSIMtE KOREA SHIPPING COUP ORATION P K<ian( PENANG STORE ALTAR 170E 28-30 No* 1-3 Ok 25-27 Nw TO BUS! ALTAR IS9W 21-30 Nov 1-3 Dk 25-27 Nw FROM BUS/ BANGKOK VESA 167W 2123 D*c 24-2S Dtc 19-20 Ok FRO9I BUW BANGKOK KGAI6K 21-23 Dtc 24-21 Dk 1«-2I0k TO BUM IX
      411 words
    • 333 20 EVERGREEN LINE EAR EAST EUROPE CONTAINER SERVICE 11 1 1; r— -I- n/u M/U U/U IVU Mm 17/U rZ «/l z... ~/u n/u IVU Mt IwiZ? iHH ,</u a/u i/ti i/« A/M -i V 4/91 4/41 V4l 11/11 li/41 ALSO ACCEFTVB CAR6O FOR: MWTIPMWDCII UliiiWflUi. tmmm, maacm. ypwwu. "BTOI, LWUTOOL.
      333 words
    • 597 20 Everett Lines Burnt Ftvt Star SkipsMf Corpn. BURMESE NATIONAL LINE 10HMG FOR RANGOON mimrm mmVUKrn 11/71 Hm m/v nh njn nm M i/ j Ik BF.S S C A«> Ml in Matoywo BOUSTEAD SHPPNG TEL NOS KL *****1/*****3 CRNBA=ss= 'ARGENTINE NATIONAL LINE" LOADMG FOR CUBAN MONTEVBEO BUENOS MR sft "wtfwtwin
      597 words
    • 175 20 tSLO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE *f£r* P.Mav I W" 21-21/11 17-19/11 22-24/11 2S-21/U 29-31/11 3-4/12 I-11/12 27-21/11 UUUIPR LT» m^wSrmvm 1 la JM7tt/v7»i MUTMMRta A f7M3 ft SJ72S PALME PEMNC LOAO FOR 21-21/11 22-23/11 MMCM TfrbV wj» I»WJWm/l/7IH mr» mm. i mwn tie Mirfeitam TO
      175 words

  • Page 21 Advertisements
    • 580 21 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEODAH AQABA (Reefer Cntrs Acceptable) VESSEL Accepting LCL Cargo to Colombo A Aqaba. S.E.A. Container Feeder Service SINGAPORE/PT KELANG/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS NEP TOPAZ* NEPAQATE PT.KELAMQ 545/55W1 SS/4N 18-19/11 568/57N 22-24/11 27-28/111 4-5/ y-i: 18-18/11 22-24/11 20-22/11 28-29/11 2-4/12 29-1/12 8-8/12 12-13/12
      580 words
    • 763 21 I FT*•: BENLINE CONTAINERS EXPRESS com WO SERVICE TO/FROM EUROPE >fK C «*M HAVRESOTON iffTf Tf? franee M 111 a/11 11/12 12/12 11/12 IS/12 1/12 22/11 11/12 IJ/12 14/12 4/5 17/1 Or immx i*rh» 21/11 21/11 Vl2 1/12 11/12 11/12 17/12 14/12 If/ 12 14/12 14/17 17/12 14/17 21/12 22/12
      763 words
    • 547 21 fefl Scan Dutch WEEKLY EXPREBB CONTAINER ED/UK/NC/SCAN SERVICE utr"M»7»r«M i tt in in ,*m* ilta QMi IM HMdhn rM, m aaa m at at at m ivu a/u m m m m m 1 r SJ" 2 2 2 2 2 IVII n/u I Mnai m at at at at
      547 words
    • 446 21 JMM BOUSTEAD SHIPPIMG AGENCIES la BANK LINE EXPRESS MDEPENDENT SERVICE TO UK (ACCEPTING CONTAINERS ONLY) CORABANK SANTA FE HULL l£" 11 tr ,sJo 11 3 Jon 29 Jon 7 Fob 3 Fob 1 (Dnop Tonk Spoco AvoOobJo) Lukes Lines (IS. NEST COAST SERVICE SFO IM MNLET LIVES Si SU br
      446 words

  • Page 22 Advertisements
    • 562 22 I K line KAWASAKI KISEN KAISHA. I.TD txwtss COHTAINCH StUVICES TO NORTH AMERICA JU HtaN 4/12 7/12 PacMcAca no >-msa wssas* n 9 mm *«aj bus( nt »toMU> 14/11 IS/11 Wain 1/12 11/12 LM Cat* MP 4/12 11/12 tow Jwmt Mm 1/12 ""ItoltoT 24/11 21/11 l*«lct 11/12 22/12 ItotoMMfca 11/12
      562 words
    • 544 22 CALMRHA/PACHC NORTH NEST SERVICE EXPRESS CORTAMER/REEFER SERVICE Im** tar LOS RNGEUS. SAN FRANCISCO. SEATTLE. TACORRA. VANCOUWR. I C Acttp<ta| fa/fa CmUmm P Mta* I Anptrs IPARAP taPt/lf Ita* TlNff 1»»" AUSTRALIA EXPRESS CORTAMER SERVICE AcmHN Fa/Fa CattMwri P MUnt S por* IMb AW S* AND aawti -RNRRRR— 13 0K IA
      544 words
    • 380 22 C > roup SINGAPORE SHIPPING AGENCIES PTE LTD. JOTH FLOOR OCF AN BUILDING SINGAPOHf 0104 RKITING '111 13 l INf Si GINfMAI 91 ]111 114 i INI S terminal OfflCF *****83 TtUX HS?«S», HCAWSHIf CARL F CAHGOSMIP miMm i"l >x Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK 17/11 MM 20/21
      380 words
    • 548 22 KORINS MARITIME SERVICES™ Room 601 ICB Building Way Singapore Tei *****22 *****67 PKelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES ■Mm—lS« A VESSEL. A VESSEL. 12 OK 24 0K Laadtaf Far Band* Abtoas/B Bandar Abbas/B. Bandar Abbas/B. Shipping Co. lid. HAM BOM. HAN Ki... S pare P. Kalang Loadfeig tar: Safcd
      548 words
    • 186 22 BREAKBULK SERVICE TO EUROPE/UK c kmainmn FN.COM Mill FULL CONTAINER WEST BOUND SERVICE ij FULL CONTAINER EAST BOUND SERVICE II FULL CONTAINER HK/KEE/YOKO SERVICE 4* {J} INDtAFRICA LINE =7MS PSTMSbrtm in v.i mi -2MOII OUT CWT/UKI UK "PLEASE REMEMBER AFMCA B OIK ftOFESSOf' 27 dats nrani mncs to apapa nt
      186 words

  • Page 23 Advertisements
    • 442 23 NEPTUNE ORIENT LINES LTC FAR EAST. EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): K. MCCJM 12W+ C. CONTAMEX 14N Haw* RDam F'stowe Ifbwf 9/12 10/12 12/12 14/12 IQ/13 9ft/19 97/19 91/19 Also accepting cargo to/from Scandinavia K JACCJM S'pore Closing Tiroes: FCL Cargo 0600 19/11 LCL Cargo 1800 18/11
      442 words
    • 452 23 MALDIVE LINES nit eta KUANTAM PWT KELAN6 mum PROMOTER Loading For Jeddah mom progress Loading for Kuwait MALDNE MAGE Loading for Aden/Mukkala MALDWE CHEST Loading For Male MALDIYE NAWGATOR 30/11 20/11 In Port 20/11 Loading For Hodeidah (Afco Loading At Pas* Gudang) MALOWE PWBLE 19/11 Loading For Muscat/ Dubat/Dammam MALDIYE
      452 words
    • 561 23 SINGAPORE SOVET SHIPPING CO PRIVATE LTD SJNSOV BURWNG 55, Market Street Singapore 0104 Telephone Numbm *****3 (15 Lues) Cable Address SINSOV SINGAPORE Tdex Numbers RS ***** RS ***** RS ***** P KELMK anH* N/S SHMKATNRH SOON SON. M. IST ANO 2NO FLOOR JS? NO 1. MIAN CEMPENWG. PORT KLANG MALAYSIA
      561 words
    • 11 23 <p| PEACE LINE iij UNDERPRISE PTE LTD 4 .T>V Lk^Ji, EZ233DQ
      11 words

  • Page 24 Advertisements
    • 59 24 EGYPTIAN INTP BKiATIHK. Al II Ki r Pli INTERNATIONAL 1 INF F'L EGYPTIAN FLAG TITIMAS SHIPPING TRADING SDN BHD rr w 1 I J Bk Man I'i ft* j<i in I! MRiMT.tN "fill nil »f». IH °"uw, n >ni« r*»Nr,i*»n*p mum, if, 4 NAKAMIJRA STEAMSHIP CO I ID k TRANS
      59 words
    • 249 24 Kline kinkai KAWASAKI KINKAI KISgN KAISHA, LTD.* Fuiy Containerised Service Tokyo Rata S*pora Nam f- Rata«|S'para Tok*o Rata mmmrni m m a/h a/n 27/11 n/n 1/1210/12 IWOMBW 19/11 21/11 3/12 ft/12 1/12 7/1211/I*2l/12 KMBTMni M/118/U «/L2 J/12 11/12 12/12 24/12 21/12 (WTL MMMT ft I POEB LOtt FUR NMOTI KU)
      249 words
    • 96 24 TL SAUDI SS, LINE Rpguljr Conwentio; 3I Service TRANSTiMBER LINE BUIK TIMBiR SiDViOl ICK MACK LINE OCEANUS SHIPPING AGENCY PTE LTD 1 fl 6?* Ist flow Anson Onir* SififaooK> 0?07 L\J// !l» f -4J- OVA. -~J PERKAPALAN LAUTAN MRU SDN. BHD. P O Bo* 220 koti fanjbjiu Sab* KGUA* IMB
      96 words
    • 69 24 ram oar contmo nwx ACCOTM FOACL OMO Fot mbimlm «a ram tICKUM), LTTTLETQH l m SL WOOD LINE Bulk Timber and Plv wtxipcl Service UK/CONTMENT SERVICE s>» T|jw kjl Lm*« ULO fK U/11 22/11 M M hmtq mm 24/11 27/11 21/11 WMEI SOUTH AFRICA SERVICE Udkifc hn 15/12 General Agents:
      69 words
    • 89 24 JOHORE SHIPPING '51? ¥KU HAJ SHIPPING SDN. BERHAD Express UnrtkwJ Serwct from P fatanf I East IMbyM t Btvni mnn t. wu NAYATI ft 17/11 nrnm ft u/n fti«/M ft 11/n ft 21/11 ft 2/11 ft VII ft 4/11 or* kr m LfK Git 3 (So* Nit) BINTULU CONTRACTORS M
      89 words
  • Page 24 Miscellaneous
    • 136 24 Regional Weather Wi j a A "As a *t > > 5# I wm BIONIFICAIIT WEATHER AND BEA CONDITIONS AT 7.10 AJM. THIS MORNMCL LEGEND* R Thunderstorm Temperature *C y Shower Weather s-S Wind direction with ipeed in knots •o Rain V-J Cloudy Sky Wave heifht Snifarn winds nre totaled
      136 words