The Business Times, 18 November 1981

Microfilm: NL11390
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, NOVEMBER 18,1S81 60 CENTS
    10 words
  • Article
    Siemens says it will not lay off S'pore employees
    422 1  -  By LOH HUI YIN LOCAL employees will not be retrenched when the giant West German electronics group Siemens AG reduces its 338,000-strong worldwide workforce by 5 per cent by September 1962, following a decline of short-term orders for its products. This
    422 words
  • Article
    Mahathir and Regan expected at talks
    138 1 AMERICAN Secretary of Treasury Donald Regan and Malaysian Prime Minister Dr Mahathir Mohamad are expected to speak at the three-day Asean-US Economic Conference which starts today in Kuala Lumpur. Some 300 to 400 bankers, businessmen and government officials are expected at this conference of
    138 words
  • Article
    Investments hit all-time high
    426 1  -  By LILLIAN CHEW NEW investment commitments in Singapore hit an all-time high with both foreign and local investments reaching record levels in the first nine months of this year. Net investments in the third quarter totalled $729,948 million. This brought the total investment figure to $1.85
    426 words
  • Article
    AJDC to agree on framework for projects
    314 1 A JOINT-VENTURE agreement on the framework of projects to be undertaken by the AseanJapan Development Corporation (AJDC) is likely to be signed at the end of this year. No projects have as yet been earmarked by the shareholders of AJDC Japan Asean Investment
    314 words
  • Article
    Time-saving ideas for builders
    486 1  -  By AGNES WEE THE pace of building construction can be speeded up with the use of structural steel and off-site prefabrication. This move will also mean a more optimum use of workers, said Mr Lee Yock Suan, Minister of State for National Development, at the official
    486 words
  • BRIEFLY...
    • Article
      Consumer prices
      53 1 SINGAPORE consumer prices held steady in October after falling 0.2 per cent in September to show a year-on-year rise of 9.4 per cent compared with 9.8 per cent a month earlier. The price index, base June 1977May 1978, stood unchanged at 127.6 last month compared with U6.6 in
      53 words
    • Article
      Lock icon Gold below US$400
      77 1 AP LONDON, Tues. Gold bullion fell below US$4OO an ounce in London and Zurich today for the first time in more than three months as the US dollar rose in European trading from a weak showing earlier in Tokyo. A New York trader described the slump of
      AP  -  77 words
    • Article
      Lock icon Mahathir coming
      56 1 AFP KUALA LUMPUR, Tues. Datuk Sri Dr Mahathir Mohamad says he plans to make an official visit to Singapore next month. However, he added that details of the visit have yet to be finalised. But Or Mahathir said he has no plans to visit the Philippines. He has
      AFP  -  56 words
    • Article
      Lock icon Solidarity's stand
      80 1 UPI WARSAW, Tues. Solidarity said today there will be no talks with Poland's communist government on political and economic reform unless the union has the right to set the framework of negotiations. As the union's delegation of more than 30 people met privately before the start of their
      UPI  -  80 words
    • Article
      Lock icon Ban lifted
      61 1 Reuter TAIPEH, Tues. Taiwan's Board of Foreign Trade (BOFT) has lifted the ban on the import of 20 synthetic fibres and filaments. The lifting, effective yesterday, will allow local processors to compete in the international market on sale of their products. The BOFT banned the import of these
      Reuter  -  61 words
    • Article
      Lock icon KL denies charges
      57 1 UPI KUALA LUMPUR, Tues. Malaysia today denied Philippine government charges that Filipino rebels have set up an insurgency base in the East Malaysian state of Sabah. A Foreign Ministry spokesman said Malaysia's policy is not to condone activities that are detrimental to the Malaysian government and the
      UPI  -  57 words
    • Article
      Lock icon Rubber shock
      65 1 AFP JAKARTA, Tues. Indonesian rubber traders and growers have been shocked by the recently repeated import of 650 tonnes of natural rubber from Malaysia. A number of them are preparing a note of protest to the government over the import at a time when Indonesia is having large
      AFP  -  65 words
    • Article
      Lock icon Israeli inflation
      48 1 AFP TEL AVIV, Tues. The inflation rate in Israel, expected to be 130 per cent this year, could rise to about 180 per cent next year. Treasury officials have forecast that next year's high figure would result from increased money supply initiated by the Treasury. AFP
      AFP  -  48 words
  • Article, Illustration
    Lock icon Fall in labour turnover rate
    354 1  -  By WONG AI KWEI THE high wage policy and efforts at upgrading skills of workers have apparently succeeded in lowering the labour turnover rate in Singapore. The overall labour turnover rate for March this year was 5.4 per cent, compared with 6.1 per cent registered
    Source: Ministry of Labour  -  354 words
  • Article
    Market falls 9.8 points after eight days of advance
    268 1 AFTER eight consecutive days of advance, the stock market finally closed lower yesterday as profit-takers set the trading tone right from the opening bell. There was an evident lack of buying support as prices drifted throughout the day. The Straits Times
    268 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      213 1 i?^i SINGAPORE Land has proposed to raise $207.8 million from the market to finance its ambitious development projects and diversification into shipping Page 14 THE total amount of floating rate certificates of deposit issued here moves closer to. the US$l billion mark as another Japanese bank made its debut yesterday
      213 words
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      Page 1 Advertisements Column 2
      28 1 IN THE LONG TERM IT PAYS TO DO BUSINESS WITH SOMEONE YOU'VE NEVER HEARD OF. BTW The car and truck rental company you've never heard of. Phone: *****30.*****24.*****7.
      28 words
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      Page 1 Advertisements Column 3
      9 1 Leader ...page g See page 7 See page 7
      9 words
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      Page 1 Advertisements Column 4
      35 1 tp v<, o" I*l* INDONESIAN am now i'j Ground rioor city Mui ?A f "S" '4S-tMI Le*4er...p»ge 8 Compass IKS is s m cTHE HOUR GLASS, Lucky PI SWITZERLAND. Lucky Plaza :y Plaza EASTERN WATCH,
      35 words
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  • BANKING AND FINANCE
    • Article
      Saitama Bank issues US$25 million FRCD
      447 2  -  By ALVIN TAY THE TOTAL amount of floating rate certificates of deposit issued here moves closer to the US» billion mark as another Japanese bank made its debut yesterday. The Singapore branch of Saitama Bank has floated a US$25 million FRCD, bringing the total
      447 words
    • Article
      CEDEL-SWIFT CONNECTION
      255 2 CEDEL participants will now be able to settle securities transactions "**"g the Swift International transaction processing network. This new development, starting on Monday, marks the beginning of a truly international electronic bond trading system. The Cedel/Swift connection represents the first expansion of Swift service outside the area of
      255 words
    • MONEY AND EXCHANGES
      • Article
        Gold
        252 2 SINGAPORE gold futures yesterday closed sharply lower compared with overnight levels in moderate trading, dealers said. Prices were marked down between USHOJ» and *12.00 an ounce at the outset reflecting the metal's sharp fall in New York overnight and then weakened further in subsequent trading on European »««h local
        252 words
      • Article
        Silver quotes
        31 2 MM M New Tort UB UB US LIB Zurica UB MB UK t« Ha Mm Sagaparr UB UB UK 1758 CM* prim ta US Mm Source: Credit Suisse, S'pore.
        31 words
      • Article
        LONDON
        180 2 STERLING in London yesterday continued to be supported by interest rate factor* in early, moderately active trading and the dollar was underpinned by profittaking, particularly out of the Swiss franc. Sterling recovered some of the ground lost on profittaking on Monday to open at $1.9085/92 and then Armed to
        180 words
      • Article
        Singapore market
        356 2 THE US dollar closed mixed against most major currencies on the local foreign exchange yesterday compared with overnight New York levels, after fluctuating narrowly in late thin trading. The Singapore dollar closed slightly higher at 2.0590/0900 against the US currency compared with 2.0600/10 on Monday night and at
        356 words
      • Article
        HONGKONG
        165 2 THE US dollar advanced against most major currencies in revived late foreign exchange trading in Hongkong yesterday, dealers aid. Some operators cited European demand in the afternoon for the dollar's rise. However, the US currency still ruled lower against sterling at $1.9075/30 after an early 1.9070/® and 1.9090/50 overnight
        165 words
      • Article
        TOKYO
        169 2 THE US dollar for overnight delivery in Tokyo yesterday closed slightly firmer at 236.00 yen after a 225.90 opening, dealers said. It was also slightly higher than the 225.70/90 close in New York and 225.60/80 on the US West Coast but easier thiin the 226.70 finish in Tokyo on
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      • Article
        PLR
        22 2 THE average rats st which major Slagspore banks ars currently prepared to Issd to their best customers- is 14.2 per cent.
        22 words
      • Article
        ASIAN $
        166 2 ASIAN ASIAN currency deposit Interbank rates as at close on Nov 17. Closing Asian dollar certificates of deposit for prime names on Nov 17: srr 7 d&js 1 IS* 12* 1 BOO til uu/uuimi Smooths 1313/*****1/14 3 months 12* 12* 8 months 13* 13 months 13* 13* 13 months 13*
        166 words
      • Article
        Discount
        45 2 RANGE P»*« M oflmd by dlsCQWt IMM I on No» IT: OvenUftt M Cail dcpoa Hi: AtsM CWK ■vNMN 3-month Treasury bl Ills 5* 5* V month Bank Mils lia/w IIVM 3 months CD 11U UH months CD I1V1I 111/11 Source: National Discount Co
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    • Article
      Support for M'sian loan
      320 3 KICHTEEN Japanese banks *iv«' Malaysia their fullest support by taking up nearly one-third of the US$7OO million syndicated la-n signed yesterday. Four Singapore banks United Overseas Bank, Overseas Union Bank, Oversea- < "ninese Banking Corporation uhl Tat Lee Bunk in what is so far Asia's largest
      320 words
    • Article
      CPF home scheme
      85 3 THE Central Provide*» Fluid will start Its Htnw Protection Insurance Scheme on Jan 1. The scheme will kelp a member's family to pay afl the outstanding housing loan «n his HDB/JTC/HUDC/ Klndcf flat when the mem* ber dies or is totally disabled. To qualify for the scheme,
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    • Article
      PENALTY CHARGE
      414 3 COMMERCIAL banks in Malaysia will ask overdraft users to pay a one per cent commitment fee on any unused portion of their overdraft facility from Feb 1. The commitment charge will be worked out monthly based on a formula which takes into account the average utilisation for the
      414 words
    • Article
      Lock icon Call for sweeping deregulation
      825 3 CAMPBELL REPORT Reuter THE CAMPBELL Report, tabled in Parliament by Australian Treasurer John Howard, has recommended sweeping deregulation of the country's financial system. The 800-page report is the product of three years of research by a six-man committee of leading bankers, businessmen and government officials. It
      Reuter  -  825 words
    • Article
      Lock icon Foreign bankers hail proposals
      189 3 Reuter FOREIGN bank executives in Australia have welcomed the Campbell Report's recommendation that foreign banks be allowed into the financial system as soon as possible. They noted they will have to study the proposals in detail, but said they are generally very pleased with the main
      Reuter  -  189 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      240 2 Hermes of Switzerland, a leader in sophisticated electronic technology, presents Hermes 6006. A compact dry copier with all the features you would expect in a much larger copier. This is made possible through the incorporation of advanced fibre optics and microprocessor. LATEST TECHNOLOGY Developed from advanced electronic technology, it is
      240 words
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      Page 2 Advertisements Column 2
      75 2 tm GOETHE INSTITUT SINGAPORE presents GERMAN RLMFEST Dtt KINDER AW M. 6.45 pm Th* Kb* of no. 67 l« VATERLAMB, MA6ST 9.15 pn RUHI6 Ik 19 Thursday I m Friday ME AMfT KS TOWMAWU *15 P* All films in colour, with English Subtitles. Venue: PREMIER THEATRE (Orchard Towers) Tickets: $1
      75 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      79 3 It's what's up here that counts There's a Bata safety shoe or boot just right for every industrial situation. Ring us now for a demonstration at your office, plant or project site. Steel toe-caps for vital protection. Non-rusting eyelets keep the Bata Industrial on the job longer. I r 0
      79 words
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      Page 3 Advertisements Column 2
      387 3 Senior Appointment provides comprehensive management c onsulting services including" ESTABLISHED OFFSHORE BANK BUSINESS DEVELOPMENT MANAGER Top Remuneration Package Negotiable A top calibre, highly experienced banker is sought by our offshore bank client to form part of the management team and undertake business development for the bank. The successful candidate will
      387 words
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  • OVERSEAS
    • Article
      Lock icon US plan to reduce nuclear missiles
      701 4 TESTING SOVIET SINCERITY Reuter NYT PRESIDENT Reagan will propose in a major foreign policy address that the American and Soviet nuclear arsenals in Europe be reduced to near-zero levels. High-ranking US officials said the public presentation of a negotiating proposal is Justifiable in this
      Reuter; NYT  -  701 words
    • Article
      Lock icon PHILIPS TO AXE MORE WORKERS
      75 4 Reuter DUTCH conglomerate Philips expects its workforce to tall by 18,000 in 1981 compared with earlier forecasts of 15,000. Management board member RCSpinosa Cattela said the workforce declined by 14,000 in the first nine months. The company's worldwide employees totalled 357,600 at the end of
      Reuter  -  75 words
    • Article
      Lock icon TOUGH TIMES AHEAD
      306 4 UPI US COMMERCE Secretary Malcolm Baldrlge has said that Americans face t«igt> economic times In the mootiM ahead, but a vigorous recovery should be under way around the middle of next year. Mr Baldrlge said the seeds of that recovery have already been sown. His assessment of
      UPI  -  306 words
    • Article
      Lock icon America plans to boycott Libyan oil
      290 4 Reuter, UPI t THE United States is conn sidering a boycott of Libyan It oil as it reviews its policy n towards the radical governs ment of Colonel Gaddafi. a State Department spokes- man Dean Fischer said the 5 Reagan Administration deplores Libya's "lawless
      Reuter,; UPI  -  290 words
    • Article
      Lock icon Russia facing problem with food supplies
      429 4 Reuter PRESIDENT Leonid Brezhnev has said that food supplies are the biggest single problem facing the Soviet Union and called for intense new efforts to make fanning successful. But the Soviet leader toid a meeting of the Communist Party Central Committee on Monday that
      Reuter  -  429 words
    • Article
      Lock icon EEC retailers oppose textile protectionism
      160 4 Reuter EEC states should abandon protectionist attitudes to international trade in textiles and come up with a realistic negotiating position in the talks to renew the Multi-Fibre Arrangement (MFA). The Foreign Trade Association (FTA), which comprises 13 retail trade organisations in the EEC, fat the
      Reuter  -  160 words
    • Article
      Lock icon Tokyo divided on issue of exports
      473 5 Reuter A SPECIAL Tokyo Cabinet council yesterday agreed in princijfle to stem the flood of Japanese exports but (ailed to adopt a broad programme to resolve Japan's foreign trade disputes. Chief Cabinet secretary Kiichi Miyazawa said that the meeting, which had been preceded by
      Reuter  -  473 words
    • Article
      Lock icon EEC split over budget reform
      238 5 Reuter EUROPEAN Economic Community (EEC) governments appeared to be deadlocked on Monday in an argument over reforming the community's budget. EEC sources said the divisions among them looked as deep as ever. Ministers of foreign affairs and agriculture were meeting in Brussels in strenuous efforts
      Reuter  -  238 words
    • Article
      Lock icon Foreign ownership of land worries Aussies
      199 5 AFP CONCERN is rising in Australia on the level of foreign ownership of both rural and urban land and the effects on prices. A new review has been ordered by the government after federal Treasurer John Howard released new statistics yesterday. The statistics show
      AFP  -  199 words
    • WORLD IN BRIEF
      • Article
        Lock icon JAPAN'S OIL DEPRESSION
        364 5 Agencies THE Japanese petroleum industry is undergoing its worst depression ever, with figures showing the average operation rate of Japan's oil refineries at a record low. The Petroleum Association of Japan said the refineries were working at only 56.3 per cent of their full capacity between the
        Agencies  -  364 words
    • Article
      Lock icon Judge orders bank to lift secrecy veil
      335 5 UPI A US federal Judge has directed a Swiss hanir to lift its secrecy veil and reveal the identities of the traders for whom it purchased stock and stock options on American exchanges. US District Judge Milton Pollack, citing the national interest as
      UPI  -  335 words
    • Article
      Lock icon Factory use drops further in US
      146 5 UPI THE Federal Reserve Beard has reported thai factory ase to the U8 deeltoed IJ percentage patots to October, with the ear todastry rime to Its 1M irti, tow. Ike Fed ato revised September's Agere downward to shew a lJ percentage petot dreg, Instead
      UPI  -  146 words
    • Article
      Lock icon Reagan's policies attacked severely
      568 5 Reuter, UPI THE American trade union movement has served notice on President Reagan that it has had enough of his economic policies. It will organise a major campaign to defeat "Reaganomics" in the Congressional elections next year. President Reagan and his policies were fiercely attacked on
      Reuter,; UPI  -  568 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      324 4 You can bet Every race is a winner (-MV, 'A ■C, > rmm v 4 f r <- The Stables Tote RACE 1 I UNCH Fxecutke Businessmen's Lunch RACfc 2 DINNER Our spec laltv: S Prime 1 Rih of Meet Sue essful businessmen and people with good taste lunch. dine
      324 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      64 5 ThadaHy Aircraft Schadulaliaa boon hold ovor. Flight information can ba obtainad by taiaphona from Ma airport (*****34/542M8t) or from tha raapacthra airlinaa: Tol No: SU *****33/*****44, Oaruda *****54, MAS *****22, CPA *****55, Qantaa *****44, BA *****55, KLM *****42/*****44, JAL *****44/55, UTA MMIW, Information on othara can ba obtainad from tho
      64 words
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      Page 5 Advertisements Column 2
      132 5 THE NEW DATSUN 280 C Now, the new Datsun 280 C can ssy it al I for you Matching the high standards of your achievements with... CONFIDENCE. The 280 C gives an excellent performance you can rely on. REFUTATION. A fine Datsun tradition that means reliability, and total quality. •V
      132 words
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  • RAW MATERIALS
    • Article
      RUBBER
      234 6 RUBBER prices in Singapore yesterday closed slightly lower with December One RSS buyers quoted at 189.50 cents per Idlo, down three cents from Monday's close. Morning prices were marked down slightly, as sellers predominated, after a higher opening. Afternoon prices lost further ground on stale bull liquidation and lack
      234 words
    • Article
      SSR and SMR
      102 6 NOON SSI 11 awl SMR fricm ymt wdar RAS Dace at bar (Carreat Mtk) Jaaaary (Forward Mtk) Bayers Saltan Buyers Sallara S8R20 (1-taa pallet) ***** 160.50N 160.50 162.50N SSRSO MUL1 (1 tea pallet) 1 156.50 >aaaabar 158.50N 156.50 Jaaaary 160.50N SMRCV (1-taa pallet) 202 00 204.00N moo
      102 words
    • Article
      Straits Tin
      54 6 THE STRAITS tin price In Penang yesterday recovered a cent to M 535.73 a kilo, still within the ITC npper sector range of $34.18 and $31.89, dealers said. Further Influential buyers' support and lower disposal of metal were (actors behind the recovery. Tnraover (ell to 1M tonnes from
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    • Article
      CLOSING PRICES
      34 6 Rubber: Nov 17 Singapore: De< 189.50 cents (down 3.00 cents) Malaysia: Dec: 222.00 cents (down 3.50 cents) Tin: M 535.73 per kilo (up one cent) Official offering: 190 tonnes (down 70 tonnes)
      34 words
    • Article
      RAS PRICES
      376 6 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int 1 R.S.S. prompt (.o.b 179 00 180 OON Int. 1 R.S.S. December 192.25 192.75 Int. 1 RS.S January 199.50 200 00 Int. 2 R S.S 158 00 ISO OON UK/Cont 158.00 159 OON Int. 3
      376 words
    • Article
      SOYBEAN
      169 6 SOYBEAN futures in Chicago on Monday closed around the middle of an eight-US cent range, down five to-ten cents a bushel. Nearby values partially recovered in afternoon trade on heavy purchasing by the Large Professional House. However, prices drifted lower on the close in response to active hedge pressure
      169 words
    • Article
      WHEAT
      124 6 WHEAT futures in Chicago on Monday closed around the middle to high side of a 6*4 US cent range, up cents a bushel to unchanged. Local short-covering in the technically oversold market rallied prices to the plus side in afternoon trade. The market's inability to hold below the Decemberbased
      124 words
    • Article
      PALM OIL
      123 6 THE Kuala Lumpur crude palm oil market closed easier on light selling in quiet trading, dealers said. November in the south closed MS2.SO lower at $912.50 per tonne while central remained unchanged at 1910. In December south fell 12.50 to $902.50 and January saw the central region traded
      123 words
    • Article
      Produce exchange
      181 6 CHINESE PNIMC Eukup, Stag*parr, assa dsstag prims par 1« kg y trill Say. Cili-I all: Bulk fob *108 00 sellers, old drum (in second hand drum) fob (122.00 sellers, new drum fob $126.00 sellers. Cspra: Mixed (loose) $57 buyers. Pepper: Muntok white pepper fob Asta NLW $377.50 sellers,
      181 words
    • Article
      TEXTILES
      193 6 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot e*-go-down) Cattsa yan: China Blue Phoenix 20s 1600; 32s 3,190, 40s 3,380 (per bale of 400 lbs). Ptoee gaeds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      RICE
      332 6 SINGAPORE: Yesterday's closing prices in Sf per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.33, 100 per cent second clas 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 0.73, Special
      332 words
    • Article
      LONDON MARKETS
      738 6 COFFEE: Robusta coffee futures traded very quietly yesterday morning with midday volume totalling 404 including 118 self traders and four options. Prices stayed In a narrow range with final morning levels £4 to £2 a tonne lower after having traded in a range of up to £5. Physical
      738 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      164 6 v**> peiy day, in every it's unbeatable. The 747 Qantas Express lifts off for London every evening, every week of the year. As scheduled. So you arrive at Heathrow early the next day. And without a fuss. That's a service hard to beat. Even harder to beat is the quality
      164 words
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  • TRADE AND INDUSTRY
    • Article
      Ways to cut down cost of buildings
      440 7  -  By AGNES WEE THE NEED to search for oew methods to cut down construction cost is more urgent now, partieularly because construction costs in the private 9ector have tripled over the past five years. From $381 per square jnetre in 1976, construction costs
      440 words
    • Article
      STPB given award
      105 7 THE Singapore Tourist Promotion Board was highly commended at the recent Target Award" •ceremony by the Public Relations Institute of Aus- tralia for its "Surprising Singapore at Grace Brothers '1980" promotion. The commendation for •outstanding public relations, ..marketing, planning and promotion was presented at 1 the Sydney
      105 words
    • Article, Illustration
      Haven for connoisseurs
      215 7 SINGAPORE is in an ideal geographical position to draw wines from the various wine-producing countries of the world. Mr Raymond Baldwin, a noted wine expert and vice president of Seagram's wine division said as Singaporeans learn more about wines, he expects sales and consumption of wine in
      215 words
    • Article
      NZ election results
      48 7 RESULTS of the New Zealand election on Nov 28 will be displayed in the foyer of the New Zealand High Commission at Naadm Road. The High Commission will be open between 3pm and 6pm on that day. Results can also be obtained by ringing *****66.
      48 words
    • Article
      AUSTRIAN MISSION
      60 7 A TEAM representing Austrian woodworking and machine tools companies looking for potential customers and agents will be here on Nov 27. The representatives from the Austrian Association of Machinery Manufacturers, will be here far the "Austrian Woodworking Machinery and Machine Tools" presentation at the Hilton Hotel. Singapore businessmen
      60 words
    • Article
      Local A&W chain unaffected by change in US
      224 7 TEMENGGONG Ltd. a franchise operator of A and W Restaurants, does not expect to be affected by a changeover in ownership of the fast food chain which is now being negotiated in the US. Discussions between United Brands, the parent company of
      224 words
    • Article
      Promoting local products in South Korea
      192 7 SINGAPORE "-jnslii InHeaa—i In promoting their pifceli In the Sooth Ksreaa sssrket ean participate Is the Sooal Intra m ttsnal Trade Pnlr «8* to be heM Crsm Sep M to Oet IS next year. IMs Is the first Interns ttsnal trade fata- to be
      192 words
    • Article
      Domestic exports continue to rise
      420 7  -  By LILLIAN CHEW DESPITE the slowdown In economic growth experienced in the developed countries, Singapore's domestic exports continued to rise. Tool domestic exports grew by almost $1 billion in the third quarter to reach $8.09 billion. The total volume of domestic exports in the second
      420 words
    • Article
      Potential Hotelex deals
      329 7 EXHIBITORS at the recent Hotelex *81 exhibition did not make many sales but they expect long-term sale* from contacts made. Hotelex, the first Southeast Asian exhibition on the building and refnrHshing of hotels and restaurants, had a total of S7 stands. The latest catering equipment and utensils
      329 words
    • Article
      British gifts to Ngee Ann
      127 7 THE Media Resources Centre of the Ngee Ann Technical College will soon become the second latest in the region, next to that of the Hongkong Polytechnic. The centre will be receiving 23 titles of technical (ran Britain, giving the centre a total of 9U titles
      127 words
    • Article
      Open plan landscape offices for SIA
      131 7 SINGAPORE Airline* is spending IS million to make its corporate offices in the hangar annexe at Changi Airport a "more congenial working environment". It has chosen an open office concept in which the open spaces will be partitioned with sound-absorbing screens and decorated with
      131 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      33 7 I' ifi <- %S1 •a. M 7*&* .T» _tv- V 9K& Pi -y r^v cf MS .*r > T Next time you attendee board meeting in New Ybik: SHOW THE ARROW. The iwvr sign fromIPARKER
      33 words
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  • Article
    Investors have not been scared
    285 8 THE HEALTH of the Singapore economy does indeed look good going by the third quarter net investment commitment figures. Not only have we managed to live up to last year's record investments, we have already surpassed it. With new investment commitments in the first nine
    285 words
  • Article
    Job-hopping not a serious problem
    211 8 THE DROP in the labour turnover rate between this year and last is encouraging and could be even better than the figures indicate. What evidence there is suggests that job-hopping can no longer Jbe a serious problem despite the commonly held belief that Singapore workers
    211 words
  • Article, Illustration
    Lock icon Tanaka's power lingers on
    677 8 NYT JAPANESE politics is a glacier. The pace of change is infinitesimal. Surprises are few; major departures, virtually unheard of. Sometimes a rock comes slithering down as a politician falls in a scandal. Occasionally, a whole ice tower tumbles as one of the great' figures in
    NYT  -  677 words
  • Article
    The Japanese innovation
    1006 8  -  By CHRISTOPHER LORENZ THE COMPETITIVE strategy of Japanese companies is much more consistent and systematic than many threatened Western companies realise. In consumer electronics, for instance, Japan's invasion has not been achieved in a series of unrelated market segments, as some Western analysts maintain, but through a
    1,006 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      177 8 New 32-story Head Office Mi bis iiiii.;"!!!!:"":: DKB is Japan's largest bank, with total assets exceeding US$95 billion. DKB is m<y> the international bank that understands the Japanese people and Japan's financial world through its vast domestic branch network and close financial relations with almost all leading Japanese companies A
      177 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1535 8 Christmas shopping guide! 8y to p«l Uietter lt» dftu tfe feagm wt m.«l Dmu W»ri.« 111 r h P* w nMklig. Btaart-Clarfce are ta bit SBC has pat together tea tlgkto the miaates sf Ideas aad mrm haad «r Wed then aader the title Sack smai CkriKtmm* SI tpptu Guide
      1,535 words
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  • Article
    Lock icon FAMILY EMPIRE IN THAILAND
    816 9 AP. CHIN SOPHONPANICH, who began his working life cooking noodles and hauling rice hags, is preparing to hand over one of Asia's mightiest fortunes to his seven children and 24 grandchildren. In true overseas Chinese enterpreneurial style, the 72-year-old Chin built a family empire which includes
    AP.  -  816 words
  • Article
    Lock icon Arms race leads Soviets to new wave of patriotism
    1307 9  -  Contrary to what is thought by many people in the West, DAVID SATTER concluded after a visit to the provinces that if a new arms race reduces the Soviet standard of living still further, it may lead not to discontent but
    FT  -  1,307 words
  • Article
    FLAT TO LET
    92 9  -  Letter to the Editor] STILL QUEUING Dear Editor, Could the Heaslag A Development Board kindly enlighten me aa to whether the hoard monitors the advertisements ander "Flat to let" In the local newspapers dally. There are sa many flat owners letting oat the whale flat nowadays. Where
    92 words
  • Article
    Lock icon Private commerce gains acceptance in Yugoslavia
    556 9  -  By IVAN STEFANOVIC AP WHAT appear to be Yugoslavia's first two privately run supermarkets have opened in Belgrade amid mixed reviews from government officials. Both stores are doing a brisk business, offering cheaper prices, fully stocked shelves, an attentive attitude toward customers and other
    AP  -  556 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      712 9 NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 185 Pursuant to Section 254(2Xb) AND IN THE MATTERS OF EVER-SUCCESS ENTERPRISE PTE LTD At an Extraordnary General Meeting of the above named Company duly convened and held at Room 1110. 11th Floor, Golden Mile Tower Beach Road. Singapore 0719 on
      712 words
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      Page 9 Advertisements Column 2
      392 9 High technology in its noblest form v ■y sw A The ultimate in shaving freedom: you choose to shave with or without cord, it automatically adjusts for use anywhere in the world. The Braun micron 2000 universal represents the state of the art in electric shaver technology. You can use
      392 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        250 10 NOV 16 Pn CORBEILLE Alr-Llquide B 8 N Oanral* Danone C8r (Thomson CM rrancalae daa Petrotea Owimnln Financier* 437 ion mjo ♦u -16 -4.7 101 •1 Compafnle Generate Credit roncler De France Hachittt (UDralrte) Machine* Bull MIchelln (B) Pirlbu Pechlne jr Clflne Kuhinunn PlUfOt Philip* (Nt Oem BnK) PrlnlMUw
        250 words
      • Article
        Frankfurt
        128 10 /Uf-T«Wfun*«n 4U0 -U tl M All! L*b*n All* V*r* MIjM BASF Bay H T Wbtnk IMjN iojo -•a +u Baj Vtmnt mjo ST -_r BMW lira •u B1J0 JUS 0J 1 "Tl tm ii II TTTi ■*rr" fcfl D»HI— Dniai DautadM Baa* ■1J0 DUO MM uncb +0l5 -1.7 Dt
        128 words
      • Article
        Brussels
        74 10 MOV M Pn FORWARD MARKET AMr ar unch Artwl AMmit Brmacac Bru-Lwnb I S5T ■0 Ml no NO 1M 4 -M •4 i -a* IS n* -a -i Dm BaetroM Ob-Inno-Bm Q" UK wm in IJBt -a it *19 Nun jjjjjl Dutch Sac Oan B*l« l on 1M 1M
        74 words
      • Article
        Zurich
        103 10 NOV 1« Action* Mm mocs a -a ma -is AluauMn ta Brown Bowl Br. UM -j nch 0 A 0 grczzz kglj atr»= an -a zuo -10 E Horn Br M1SB m J UB -1 ITJ5 -1 m H j« i T 1730 -J ESS UM -4 =MN rra
        103 words
      • Article
        Amsterdam
        162 10 NOV M <» Pto moo .3 Ahohl SIM -0J Akao a. 10 -0J AMKV Amfta 80.80 TiJO -0.1 -0l5 Amrobok mm -OJ 5SPHZ M.10 -03 B»a mm 4-03 Dorsum 1J ***** < Burhauum r* Ctto Mil u OlUkUJ 40J0 auo 3B6 0O MJ0 -1J -Oi 4-4 -0.4 Ennia IMM
        162 words
      • Article
        Milan
        67 10 V Uf, An*e Amat IMW IJOO cK2S.t=z=zz ST lm rtat —zzzzzzr: rS a uncfi o« imm |Zm TI, in pn ___ZZZZZ 2 m n«lr»nini isE^==sr asr^=S gjjj®- UE£B «in S*™» in» iM JCJSf 1 «M MwaBto 0JJ3» 2? >Oi OimW 2230 nwrn mb 4 it «™ui ircTL_____: Si I*
        67 words
      • Article
        TORONTO
        140 10 C* ft -ft 1^1 U Ift -1 r H -ft U -ft BP On Ltd t Ift -1* k* •ft ir i »p i"'bhE r Ift -ft In P' OrAnc CTKmtt M -ft i^'aS im -ft ft Dom Starw OM -lk 1« -ft B *mo+ SM> 1«1 -1H SH
        140 words
      • Article
        JOHANNESBURG
        162 10 NOV 10 I land INDUSTRIALS A Alpha Abareon OD -8 AM And a AMK ftylUW 5 3000 1100 uoo no uncb S0 ♦so -10 cum* noABet j Da t~« aoo unch Kdcoo Ufva 000 tWHdl PM Talk i m uncb uncb r«0t Oardtan OtHMOl OrmlMUi Hippo H>V«M 1 HuMK
        162 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      194 10 "The American Express Card serves you well, wherever good food is served x >• Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. Restaurant Lounge 10.30 a.m. to 10.00 p.m. DOLPMN CAFETERIA Ist. Floor, World Trade Centre, Tel: *****11/2 f AV 4# Set in traditional Chinese decor, an MEISAN
      194 words
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      Page 10 Advertisements Column 2
      124 10 i'(>r humjut'ts l <)} >ni\■»;, f ;< >>;s /■or «»f/i< function* < >f thn -ss finesse f unct:s >r up !< i JS() < >n. s, r s /nrf mat it >n ll menus to < hot > Complete re.ntjt' < if aiui:t. equipment Ample parMruj space C <'iiiiir\ I
      124 words
    • Advertisement
      Page 10 Advertisements Column 3
      144 10 See Page for NYSE prices and Asian stocks I l\ I K I I t K I vt. mv ti\ .iv K i i I 'i i\r-r Kr 1 !u 1 w 11K" .!iul .r'u■ <M: ■Iu J JjTO[DG(2ial A Merlin Oil Speciality From Mongolia comes a barbecue more succulent,
      144 words
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      Page 10 Advertisements Column 4
      179 10 When you dine, dine Cantonese. i f n 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
      179 words
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      Page 10 Advertisements Column 5
      167 10 The rumour if one. For The Citation is a very private and exclusive ck6 for business executives. Seduded beneath the Cockpit Hotel, its furnishings ace the very finest; the atmosphere apprapria* for business entertainment. Come and experience a businessmen's haven. Oefcyßiw/Penen Reed, Siqppow 0923. Tefc *****11 (20 Hob) :<T=> J
      167 words
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  • ASIAN STOCKS
    • Article
      Recession fears dampen stocks
      1128 11 NEW YORK THE DETERIORATING economy sent New York stocks sharply lower on Monday as investors increasingly focussed on the recession rather than interest rates. The Dow Jones industrial average lost almost 11 points to close at about 845, its lowest since Sep 28 when it hit
      1,128 words
    • Article
      Sydney stocks weaker
      310 11 INVESTOR interest in Sydney yesterday centred on takeover action as the market slipped sharply downwards, dealers said. New South Wales-based quarrying and construction group BMI Ltd announced a »15 million bid for plastics and concrete products group Humes Ltd shortly after the market closed. The offer talics
      310 words
    • Article
      Market closes easier
      238 11 HONGKONG THE Hooftoog stock market yesterday closed at cr near its low after falling session in sympathy with Wall Street and the London market They also cited the sharp fall in commodity markets overnight, which forced investors to sell their shares for margin payments, as an addfttooal
      238 words
    • Article
      Manila
      27 11 wen n fmm mm yy MM )BL i. Hl» as 1 Ortl ste S*2* •J» Ml ■Ail ener MirtM"?' jm -*mm *M mm r>* zripBSssjjjjj JE525ES
      27 words
    • Article
      Bangkok
      50 11 SEte.r& to 5130, Thai Commercial Bank two to 300 and Saha Uoluu one to 145. Jalaprathan Oment and Bangkok Bank closed unchanged at 106 JO and 2M baht respectively. nm Mi -1 Mi HI 5SS%5* r m. i« tU I ta Ohm Mi Mi men m jm m ♦1
      50 words
    • Article
      Selected indices
      52 11 FINANCIAL TIMES INDUSTRIALS Monday 503.7 Friday.. 519 J W««k A*>- 510.B DOW JONK8 AVERAGE INDUSTRIALS Monday 6*5.03 Friday 866.66 WMk Ago ..HU1 HJLHANG SENG Tu—day 13M.31 Mondav iuim Weak Aao 14M47 AUSTRALIAN INDUSTRIALS Tu—day- 100.4 Monday 706.6 WMk AfO fffl 1 ALL ORDINARIRS Tu—dau my Monday 571.1 WMk
      52 words
    • Article
      Tokyo shares lower
      378 11 SHARE prices in Tokyo yesterday fell on profit taking with many investors cautious about the fast pace of price rises in the past three days, coupled with the overnight sharp fall on Wall Street, dealers said. The market average lost 26.32 to close at 7,648.60 in moderate
      378 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      136 11 < Fabrics Garments Accessories Shoes November 19th and 20th 1981 Century Park Sheraton ▲<§> Singapore 11th floor, 10a.m.-6p.m. 82 j X\ t A v #^l .Wi nt»*ot.\ v %%v// *kX Made in Austria stands for quality Costume jewellery Quilts Inku Bijouterie Billerbeck Costume jewellery Inku Bijouterie Lencia Schmuck Leopold Weiss
      136 words
    • Advertisement
      Page 11 Advertisements Column 2
      156 11 «»:sss:ssss:^::::sa:s ■■■■■■■■miiiaiiii ■■■■■■■■■■■■■■MM ■mBBSSBBLmw ■■■■■immnw ft t- f*r im 35 x r 1 > v v N It K 1 it .1 rj r aenar 1 W i r t A ~mr Mmmmmi fm IMMH 1/ iSUBBHI US!!!!!!!!!!! 11 MffißMßSßßßliliHii I K ss No matter what your business may be,
      156 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1771 12 BID and offer prices offieiallv 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 Acma (2.796) (1)2.74
    1,771 words
  • Article
    Unit trusts
    197 12 SINGAPORE INTT T»l«T DIAMOND MOT 8TOBE (Managers' prices tor Nm It) (Managers' prtrei i tar Nne II) The Commerce J. 11 327 Diamond 085 The Savings Fund 18 1*1 Spore Fd (US*) 080 S pore Prof Fund 1M 143 ss 175 S>*e Sec Fund 2 MS (OctHtoday) S
    197 words
  • Article
    SHARE INFORMATION SERVICE
    2889 12 1M1 Hi(k Low Coaipaay Last Sale orGr'a Div Div CVT Gr*» Net YTd P/E Vol Day COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 494 MS Acma 115 -115 Alcorn 350 130 Allied Choc 312 150 BAT 420 308 Bat* 200 75 Ben 470 380 Berjaya Kawat 532*
    2,889 words
  • Article
    In Kuala Lumpur
    2186 12 BID and offer prices officiaUy listed and business in and re- ported 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 IMMWnUAL* Mrmm (1.386) (11) I B (1) 1 «0 LSiri A
    2,186 words
  • Article
    Prices fall as correction sets in
    794 12 THE toag astielpated ear- U Ike kest rally daee tke market stamped la iaae set la yesterday aa prices eased aersss tke kaard traai tke epealag keii. Bellers were demlaaat tkraagkeat tke meraiag seastoa aad at tke mid-day pMae, tke Straits Times ladastrlal ladex
    794 words
  • Article
    KL succumbs to profit-taking
    569 12 SELLERS emerged after eight successive sessions of good gains to check effectively the upward push in prices at the Kuala Lumpur Stock Exchange yesterday. Total turnover showed a significant decline too. Market sources said profit-taking was widespread throughout the session with prices generally closing at their
    569 words
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  • COMPANY NEWS
    • Article
      Purchases have no immediate effect on Bolton
      381 13 BOLTON Properties' proposed acquisition of Winmin Builders, Keat Ann Realty and 45 pieces of land in Setapak will have no immediate effect on the group's earnings per share. But the acquisitions will increase the group's land bank and as such will ensure continuous
      381 words
    • Article
      Balance needed to stay ahead
      403 13 INVESTMENT consultant firm James Cowan Associates (SEA) has come up with a Balanced Investment Programme (BIP) to help investors maximise their chances of making money. The rationale for having an investment programme, said JCA, is to protect one's purchasing power. In today's inflationary and rapidly
      403 words
    • Article
      Ind Oxygen to improve edge with M$9m more
      320 13 INDUSTRIAL Oxygen Incorporated will commit another Ms 9 million In capital Investments in the current WwnHmi year to June 30, 1983 in an effort to improve its competitiveness. Stating this In his latest annual review, its chairman, General Tunfcu Osman bin Md
      320 words
    • Article
      COMPANY MEETINGS
      169 13 KE8ANG Bofattngs Bin is I Twentieth AGM to be held at the Pahang Suite, 2nd Floor, Federal Hotel, 35, Jalan Bukit Bin tang, Kii«i» Lumpur on Nov 19 at 11 am. THE Kwln SUta Bnkier C«mpa»» Burial: Slxty-ni-neth AGM to be held at No. 50, Jalan Ampang, if
      169 words
    • Article
      Lock icon In Hongkong...
      195 13 Reuter SUN King Fang Dwiiip ant Ltd, a subsidiary of Sun Hung Kai Securities Ltd, said it plans to raise about HK$23O million through a one-for-two rights issue. The issue involves the issue of 155,285,948 new $1 nominal shares at $1.50 each, payable in full on application. Sun
      Reuter  -  195 words
    • Article
      COMPANY BRIEFS
      218 13 ALUMINIUM Company Of Mnlnyria Bhd will close its register of members from Dec 10 to 12, both days inclusive, for the purpose of determining the interim dividend payment. The last day for lodging transfers is Dec 9. The interim dividend of 2.5 per cent leas tax will be
      218 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      185 13 Let us examine the word Exclusive: t uaiu^% stylish. «oLt c i restricted in ai**.. use, or appeal because of expense 4a: single, sole b, -exclusive n something exclusive: as a a newspaper story at first released to or printed by only one newspaper b: an exclusive right (as to
      185 words
    • Advertisement
      Page 13 Advertisements Column 2
      1810 13 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 18th November, 1983 of: A Ths Mitsubishi Bank, Limited. D B S Building 6 Shanton Way Singapore 0106 We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the interest
      1,810 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      153 14 Rites Indices M T C 670 30 Nov 16 Nov 17 Bolton 260 18 Guiaaeaa 400 12 BT Indicator: *****1 *****2 Metro HM(i S T P 1975 PirMooal 760 700 306 10 10 10 Industrials: Finance. 718.63 1529.43 708.77 1511.30 Eu Yti Su( 275 10 Hotels: 1098.33 1090.19 Seatoaa
      153 words
    • Article, Illustration
      KUALA LUMPUR
      134 14 PROFIT-TAKING sent prices at the Stock Exchange of Singapore lower yesterday. The Straits Times Industrial Index closed IJI points lower to 718.77 while the Business Times indicator lost 331» points to *****2. Rises HL Credit Idris Hyd 1060 1130 220 +30 Falls HLInd M U I Perlis Rahman
      134 words
  • Article
    Inchcape Bhd silent
    308 14  -  By HOCK LOCK SIEW INCHCAPE Berhad ku remained silent m the re*M«f for the continued suspension ef trading In Its shares on both the Kuh Lunpv ud Slag»* pore stock exchaageu, despite numerous queries by shareholders to broking firms, Bmrtaem Times and evea the eompaay Itself. An
    308 words
  • Article
    Mystery deepens
    109 14 THE mystery qf the forged Inchcape Berhad shares has deepened. Two more forged Inchcape certificates have come to light, and the CID has been informed of the two forged certificates. The two forged scrip numbered *****4 and *****2 respectively for 1,000 shares each are both in the name
    109 words
  • Article
    Singapore Land to tap market for $207m
    807 14  -  By SIOW LI SEN PROPERTY giant Singapore Land proposes to raise $207.8 million from the equity market to finance its ambitious development projects and its diversification into shipping. The property group yesterday also announced its results for the year ended Aug 31 and
    807 words
  • Article
    CCM pre-tax profit 16.4pc lower
    386 14  -  By HSUNG BEE HWA CHEMICAL Company of Malaysia Berhad (CCM) has reported a 16.4 per cent fall in pre-tax profit for the year ended Sep 30. The company sees little hope of earnings improving in the current financial year. Pre-tax. profit for the last financial
    386 words
  • Article
    LONDON STOCKS
    890 14 LONDON, Tues. Gold shares were marked lower at the opening in line with the dip in the bullion price to below US$4OO, dealers said. Other stocks were narrowly mixed in quiet trading. Gold shares saw falls of up to 350 cents in heavyweights. Leading industrials opened cautiously following
    890 words
  • Article
    Lock icon Tokyo Exchange talks on rebates
    137 14 Reuter A GENERAL membership meeting of the Tokyo Stock Exchange has been called for tomorrow to discuss the raising of commission rebates to foreign brokers with branches in Japan, exchange sources said. These branches cannot deal direct on the exchange and they place their business
    Reuter  -  137 words
  • Article
    Lock icon DOW JONES
    53 14 AP NEW YORK. Tties The stock market showed some scattered gains this morning, bidding to rebound from Monday's sell-off. The Dow Jones average of 30 industrials rose 2.57 to M7.GO in the first half hour Gainers and losers ran about even in the early tally oi New York
    AP  -  53 words
  • Article
    Public Bank Bhd gets approval
    176 14 Companies Editor: Mano Sabnani PUBLIC Bank Berhad has received the green light from the Malaysian Capital Issues Committee to expand its capital base from Ms2s million to $70 million. This involves a two-for-five bonus issue of 10 million shares, which will raise its paid-up capital
    176 words
  • Article
    Lock icon Campbell Report
    69 14 Reuter THE RESTRICTION on the listing of foreign corporations on Australian stock exchanges should be lifted, the Campbell Report on Australia's financial system said yesterday. The recommendation was made after the report noted that a number of countries, including the United States, the United Kingdom and Singapore, allow
    Reuter  -  69 words
  • Article
    Notes
    81 14 INDUSTRIAL Bank of Japan Finance Company NV's US$5O million guaranteed floating rate notes due 1968 will be listed and quoted from 10am on Nov 18. Trading in the notes will be on a "ready" and the quotation will be expressed as a percentage of the principal value excluding accrued
    81 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      114 14 MUI MALAYAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) ANNOUNCEMENT OF CLOSURE OF REGISTER OF MEMBERS FOR ENTITLEMENT TO BONUS ISSUE NOTICE IS HEREBY GIVEN that the Transfer Books and the Reg is tar of Members of the Company will be doeed from 9th December 1961 to 22nd December 1961 both
      114 words
    • Advertisement
      Page 14 Advertisements Column 2
      716 14 BILL REDDIN IN SEMINAR any-*— < Profnsor \N. (BHI) Reddin is the developer of the 3D Theory of Managerial Effectiveness. Professor Reddin has probably written more on this topic than anyone. His world following attests to his acceptance. The London Times called him "The Management Guru of the Year". His
      716 words
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      Page 14 Advertisements Column 3
      3 14 Bee Page S
      3 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      57 14 WE-ATjH'ER-OUTLOOK for Singapore from 6am to Ipm today: Generally fair. Report for 24 hours prior to 7.39 pm on Nov 17 at the airport: Maximum temperature 32.5 Associated humidity 63 Minimum temperature 24.2 Associated humidity 93 Hours of sunshine 6.05 Rainfall in millimetres 14.7 Total rainfall for the month 45.6
      57 words
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  • SHIPPING TIMES
    • Article
      Port users voice opposition to PPA's plan
      409 15 SHIPOWNERS and operators have voiced their opposition to the Philippine Ports Authority's (PPA) plan to take over the jurisdiction of cargo handling operations in domestic ports. The private sector representatives aired their view at a recent meeting to thrash out the age-old problem
      409 words
    • Article
      Another vessel on Lian Soon's South Asia service
      597 15  -  By JUNE LIM LIAN Soon Shipping has increased the number of vessels on its Colombo/Bombay/Karachi service to seven with the addition of another semi-container vessel. Consequently, sailing frequency will be improved from once in ten days to weekly departures. The vessel, Bacchus,
      597 words
    • PORTSIDES
      • Article
        Lock icon New maritime satellite
        126 15 AFP A NEW maritime telecommunications satellite system will be inaugurated in February next year for expanded ship-to-shore telephone and telex services. Kokusai Denshin Denwa Co (KDD), Japan's international telecommunications monopoly, said the new system, Inmarsat (International Maritime Satellite Organisation) based in London, will replace the present Marisat
        AFP  -  126 words
      • Article
        Lock icon UK merchant fleet
        119 15 Reuter THE British merchant fleet recorded a net loss of 10 more ships totalling 390,100 tons deadweight (dwt) in September, for a loss in the first nine months of 1981 of 100 vessels amounting to 3.7 million dwt, the General Council of British Shipping (GCBS) said. The
        Reuter  -  119 words
      • Article
        Iranian crude for China
        125 15 THE 85,599 deadweight ton tanker Sanko Prestige of Sanko Steamship of Tokyo, is currently heading for Kharg Island, Iran's oil loading base, to carry Iranian crude to China. The crude carrier has been leased to the Norwegian shipping firm A/S Scan tank, which has concluded a
        125 words
    • Article
      INDEX TO ADVERTISERS
      691 15 Mpptag Liae PM* CM SMpftag Liw 1 ■M* Cri Ackipricto mm VI I EUat VI 5 AA-U tic Coot vra 4 Qma m 4/5 AIM VI 1 Everett Orient IV 4 Afro-Eurasia VI S Evergreen IV 1 Alfred CT vm 1 Peace vn 4/5 Alltrans vn 4
      691 words
    • Article
      SHIPS IN PORT
      420 16 UIIVAU KEPPEL WHARVES Builder O (0700 22 Centaur (Passenger) (0600) 3/4 Cherry Mania (0700) 28 Foo Chow (0700) 29/30 Kola Selamat (0630 hauls 19m East) 10/11 Leipzig (after Cherry Crystal D/ L) 35 56 Mlyagi Maru (0200 after Golden Eagle) 25 Nedlloyd Adelaide (2359 after Centaur) 3/4
      420 words
    • Article
      Container Schedules
      940 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Anson 19/81N 17.11.81 2300 Heap Seng TA4 vc K. Pakhomov 27CE/81 18.11.81 0700 S'pore Soviet TA 4 Ever Large 92-07W 18.11.81
      940 words
    • Article
      LONDON FREIGHTS
      1591 16 CONTINUED Chinese time-charter interest on Monday and lower rates for grain chartering featured the freight market, brokers said. Chinese operators secured a 15,000 tonner from Port Kembia, Australia to China U554,400 daily and a 16,000 tonner from Aqaba to China at 13,400 daily. Japanese charterers paid 16,000 daily
      1,591 words
    • Article
      Lock icon LONDON WEEKLY FREIGHTS
      756 17 AFP •A GROWING feeling that this year's steep decline in freight rates had bottomed out, led to more demand on the freight market last week, noticeably in the Far East. Nevertheless there were still some soft pockets. Japanese charterers were reported to be looking for Panama* tonnage
      AFP  -  756 words
    • Article
      Canada may not ratify liner code
      411 17 CANADA does not plan to ratify the United Nations sponsored code of liner conduct, an international agreement, not yet in force, which attempts to limit the role played by cross traders in international shipping. Addressing delegates attending a national marine conference in Vancouver, Canada's
      411 words
    • Article
      PANAMA AWARDS CONCESSIONS
      331 17 THROUGH its National Port Authority (NPA) the Republic of Panama has granted concessions to the Sociedad de Balboa Assistance SA and Marsella SA to bring the dry dock complex at the port of Balboa into full operation. These concessions are part of the NPA's current development scheme
      331 words
    • Article
      SHIPPING LIST
      707 22 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at a maximum of three weeks. PN/PK Ship calls at Penang and Port
      707 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      242 15 Everett Lines FOR THI MOST FREQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHIT T AGONG CALCUTTA CHALNA RANGOON BUENOS AIRES MANZANR.LO ACAPULCO Everett Steamship Corpn. S/A Clifford Centre Singapore 1 lei *****/9 36 Beach Street. Penang Rm 36 103 OCBC Btdg let ***** 3 Port Kelang Agents SOCSHP CO
      242 words
    • Advertisement
      Page 15 Advertisements Column 2
      116 15 OSEALORDO UASC UNITED ARAB SHIPPING CO SAG) lII' i ill .1 I i EXPRESS MULTI PURPOSE SERVICES FULLY CONTAINERISED SERVICE CANADA AND CARIBBEAN MRU) DON Ml/LKXATM 023 WORLD LION ni/MMfO 114 WORLD TIGER 092/FREEDON 01S WORLD Vm 092/MTMOT 021 WORLD UON 092/EMXaUNCC 01( WORLD UON 092/EWLORER 020 DEPARTURES TO ASIAN
      116 words
    • Advertisement
      Page 15 Advertisements Column 3
      413 15 4 WfllCHtS Of SWITZERIANO PI! LTD MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U-8. PACIFIC. QULF, ATLANTIC. EAST CANADA, ASIAN PORTS PMOar il=: 21-22/11 29-29/11 5-4/12 12-13/12 19-29/12 21-27/12 sS IS IMOSX ",'IU 1 •SHGAPORE CLOSMG TMS: CY 22nd Nov 2300 HRS CfS 22nd No* 1100 MRS TO: BELGIUM, HOLLAND,
      413 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      737 16 MALAYSIAN INTERNATIONAL SNIPPING COPPN. BERHAi WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 0409, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** Cattofctr liifct CONTAINER SERVICE lc H *f Umt 1) Stairf 2) tfbuff 3) r« 4) r*m 5) UH P MM( 15m? SaMO Sa4* Start Start
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      Page 16 Advertisements Column 2
      214 16 SUPERCARRIER SERVICE FROM: US QULF US ATLANTIC EAST CANADA iiaEzaezacsiancctzziiDi MM Mri MM Uri MM Uri 11/U *8/12 *H/U **/!2 *S/12 MM MM MM MM It fart 2VU M/U IVU *2V12 25/12 1/1 MM MM IVU M/ll 2VII 21/11 VI *V 1 VI VI VI MM JVM JVU 2VU JVII
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      Page 17 Advertisements Column 1
      569 17 The Straits Steamship Group oci Overseas Containers Limited STRAITS SHPPMG Bnmai Porta and Bangkok ONTAINtRSHIP SERVICE TO UK CONTINENT K-wmf Uhm U IJ/12 19/12 M/U 14/12 11/12 17/12 21/12 22/12 IS/12 •1/1 U/l 27/12 U/U U/l 17/1 M/l H/l Ml/12 12/1 M/l M/l 13/1 IVI 17/1 2S/1 22/1 IVI 27/1
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      Page 17 Advertisements Column 2
      347 17 fZb Franco Belgian Services mum t ROME UNm rtm HWj rikfM fwmf 28 21 Mm I tic Mlk 14 Ok IS Dk 17 Dk ACE CONCORD 29 Nm 38 Mm It Dk 28 0k 24 Dk 28 0k 90k OOHURMR 70k lOk 21 DK 27 Dk 31 DK 2Mb 41m
      347 words
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      Page 18 Advertisements Column 1
      509 18 Hapag-Lloyd Sport P Ketonj H'bwf 8 luven Rdam Le Havre Antwerp 20/11 10/12 12/12 13/12 15/12 Cm*»•** 22/U 11/12 13/12 14/12 16/12 Miwtqr 26/11 21/11 17/12 19/12 20/12 22/12 lOAMUmk 5/12 6/12 29/12 31/12 1/1 3/1 Or 10/12 30/12 2/1 26/12 6/1 k«t»0»» 14/12 3/1 5/1 6/1 6/1 "Abo icceptm|
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      Page 18 Advertisements Column 2
      337 18 JS.S.L.IME KOREA SHIPPING CORPORATION AGENTS: STOKE CROWN IMIHNE CO (PTE) LTD TEL *****N (4 linn) TERMNAL OFFICE *****29. *****71 SUB AGENTS P. KEIANG PERK AP ALAN GUNONG TMOR KL TEL 7230M/PK 3(991) PENANG MTERNATDNAI SHTPUG AGENCY TEL *****3 361W3 *****0 c nan J mil gjjj I I a '9- Algerian
      337 words
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      Page 18 Advertisements Column 3
      408 18 EVERGREEN LINE FAR EAST EUROPE CONTAINER SERVICE acceptor; Fa t la. cjweo rat S>n MO* I*>lm Orttartwi Mm* I* Hnr* EnrUr|t 19/11 20/11 11/12 11/11 U/12 U/12 17/12 E«« Hunt 20/11 U/12 21/12 21/12 2VU H/U 1 E«« V*nt« 20/u U/12 21/12 21/12 2V12 20/12 ft/12 U/12 21/12 M/ 12
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      Page 18 Advertisements Column 4
      687 18 I Everett Lines 7 B«rmi Five Star Shippioi Corpn. "BURMESE NATIONAL LINE' LOADW6 FOR RANGOON i'rmt pjmmi ffWJK/H Nnr mmi/lt Nmt It/71 Nw B F-S.S.C Agent* n Motoyvo BOUSTtAD SHPPNG TtL NOS KL *****1/*****3 C«npama Aryawtxi* 0« IlimirT' Imcfcaatmwnri MMszb "ARGENTINE NATIONAL LINE" LOMUG FOR DURBAN MONTI HJEO BUENOS MRU
      687 words
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      Page 18 Advertisements Column 5
      180 18 12L0.5.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE JAPM/STMITS £2 SUN UNION LINE n-n/n an/11 mmcm SttawiVi/7» m lW •am xmi wk m. zzzwz/i m 4M444/4M751 ust m nmm b/vtw T* (7M3 1 ***** TO PAPUA NEW GUMEA/SOUTH PACFK MnridMi Ln*| tar. (MSB PMNCE 8/11 Nmrm. LaMu. Sm. P*«<t KVOTAKE
      180 words
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      Page 19 Advertisements Column 1
      531 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AgABA (Reefer Cntrs Acceptable) Accepting LCL Cargo to Colombo A Aqaba. S E A. Container Feeder Service SINGAPORE/PT KELANG/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS 'j.; MLIICT 29-1/12 9-9/12 12-12/12 8-9/12 12-14/12 19-20/12 23-24/12 19-19/12 22-24/12 29-99/12 2-4/1 29-1/1 9-9/1 12-14/1 cum 38/4H I—
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      Page 19 Advertisements Column 2
      665 19 Fl7> BEN LINE CONTAINERS EXPRESS CONTMNER SERVICE TO/FROM EUROPE tnUK SHAVW VMM MVKSOTON Stmt P. UalGn*)/ AatinaAatavf FraactAlUK a/u u/u u/u ivu ivu OjrfEMtof lap to? 2VII 11/17 21/11 a/u 17/12 Vl7 VU a/17 u/u a/u M/ 12 1/1 17/12 |/1 U/12 M/l 12/12 U/U IVI2 |/U IVU IVU IVU
      665 words
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      Page 19 Advertisements Column 3
      272 19 f 111 ScanDutch9 WEEKLY EXPRESS CONTAINER D/UK/NC/SCAM SERVICE i 3)«rtan4>ctM VU Vl2 M/ 12 IS/U 17/U 1/12 IVI2 Vl7 2V12 22/12 TO KB Kin 1/U 21/12 27/12 1/1 21/12 •w nam vu )i/i2 vi vi in WM a/12 vi 11/1 U/l 14/1 a. mm »/i2 ivi ivi u/i n/i WIUM*
      272 words
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      Page 19 Advertisements Column 4
      434 19 CORABANK SANTA FE SPOKE R'DAM HULL HMBG 17 Dk 11 Jon 15 ion 18 Jon 3 Jon 29 Jon 7 Fob 3 Fob (Deep Tonk Spoco Avoitobic) Lines U.S. NEST COAST SERVICE ita* Mi at Leeglwdi/lei (Mm Muptal Fa bntftM a T/SNtRORO (lee* «Jy) i i &m fame*) [TO Sport
      434 words
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      Page 20 Advertisements Column 1
      675 20 w K line KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA ETD n norm kssels re u si m jMrta. SM SM iMx.Hn J/12 U /12 l*» 6ate Bridft 4/12 11/12 Ne» Mam 1/12 2t tortßaj 2S/11 25/11 Iwm Kct 11/12 22/12 :£r Arsst JAPAN-STRAITS-JAPAN Wwmi I Sport
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      Page 20 Advertisements Column 2
      565 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE L*adb« tor LIB ANGEIES. SM FRANCISCO. JfATTU. TACOMA IMCOWD DC Acc*ta« Fa/Fa Cmtmm f Um| S<wn I Anfaln linut- taPt/ltMr It Nw II Dk AUSTRALIA EXPRESS CONTAINER SERVICE Ike*** Fa/Fa CwUMn NEW ZEALAND SERVICE WEST ASIA GULF SERVICE Im*l tar: Cjfcstta. Omm. DM*
      565 words
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      Page 20 Advertisements Column 3
      290 20 r c) .A (>roii|> SINGAPORE SHIPPING AGENCIES PTE LTD WTHFIOOB OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI 1 GENERAL 91 3111 i 1 IINE S terminal officf *****83 TELEX R*****6 RS 7SS6B A B CARSMIP CABLE CARGOSMIP)* 0., l*t'<|ion»l Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK fMCMMTM SB (HUM
      290 words
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      Page 20 Advertisements Column 4
      528 20 KORINS MARITIME SERVICES R Hoom 601 iCB Building. Shenton Way S.nqacxKe T e i *****67 PKolang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES Ui Hyundae Shipping Co. Ijd. HAN BOM. HAN K1.... S pore -P. Keiang Loadhg far: Saied Dammam/kan .21 Nov leddah/Port Sudan .27 Nov Dubai/Dammam ASIA MERCHANT MARINE SB
      528 words
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      Page 20 Advertisements Column 5
      312 20 INTRASEA (PTE) LTD 4, > BREfIKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICF A. FDQJTT Wl 17. FM.COM Ml It 90K [fuucontainer east bound service FULL CONTAINER HK/KEE/YOKO SERVICE 0 INDKAFRKA ®sL*?*t OF MORRIS UM AM MO KOUI RBIWBBW RUT COOTMEKD SBMfffl um/mn, ran mkomt wunr mum n r\i'\
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      Page 21 Advertisements Column 1
      702 21 TO EUROPE/UK (VIA SUEZ): K. JACEJM 12* C. CONTMO 14N.. HK CONTAINER 2tW. A CONCORD TH C PAM. M C ROZE 27* SS BMKE 34* S'pore 20/11 29/11 7/12 11/12 16/12 23/12 28/12 Also accepting cargo to/from Scandinavia K iACEJM S'pore Closing Times. FCL Cargo LCL Cargo FROM EUROPE (VIA
      702 words
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      Page 21 Advertisements Column 2
      557 21 MALDIVE LINES ETA KUANTAN MAIWVE PROMOTER Loading For leddah MALDIVE PROGRESS Loading for Kuwait MALDIVE MAGE loading for Aden/Mukliala MALDIVE CREST Loading for Male MALDIVE NAVIGATOR 30/11 20/11 In Port 30/U MALDIVE NAVIGATOR 24/11 In Port Loading For Hodeidah (AJso Loading At Pasir Godang) MALDIVE NOBLE 19/H Loading For Muscat/
      557 words
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      Page 21 Advertisements Column 3
      756 21 SINSOV SINGAPORE SOVKT SHIPPING CO .PRIVATE ITD S*6OV MtOMG 55. Motet Stmt Sinm 0104 Telephone Numbers *****3 (15 LM$) Cable Address SINSOV SINGAPORE Tefal Numbers RS ***** RS ***** RS ***** PKEUMG M/S SHMIUT MM SOW SON BHD IST ANO 2NO FLOOR NO 1 lAIAN CEMKMNG PORT KLANG MALAYSIA Tel
      756 words
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      Page 22 Advertisements Column 1
      565 22 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT SUEZ PORT BAIO ALEXANDRIA) STOtt PT. SUEZ PT SAO AIOANMM mi U WT 17 Mm 10 Dtc II Ok 21 Ok 74 VMNX U ¥0T 10 Ok II lan 5 la* I Im 11 Cargo lioklwgi Pllll« Ptvooa
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      Page 22 Advertisements Column 2
      449 22 LINE KINKAI 1 KAWASAKI KINKAI KISfN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service *5* S 'P°« .Pewn* p Ketone s port Tokyo Kobe jowMrm su sw 25/11 28/11 27/11 21/11 1/1211/12 21/11 3/12 4/12 i/12 7/12 19/12 21/12 WMHR 21/11 21/11 1/12 J/12 11/12 12/12 24/12 21/12 (NOTE: MOMMY 8 K
      449 words
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      Page 22 Advertisements Column 3
      226 22 ft JOHORE SHIPPING I 15J JAtAN TENGKU BADAR PO«T KEL A^C. C P" SEIANGOR VAIAVStA BINTULU IBd CONTRACTORS SDN. BERHAD n.>i 111 M. laetkt S»*nk, M S77U/2*SM Tdec W 7«|}3 Eipms Cn-Cwtar/RO-M) Sonict to East Ibkaysa NO 1 V-.17/S1 NO. 1 HI/11 NO. 1 MJ/ll NO. 1 V JO/I 1
      226 words
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      Page 22 Advertisements Column 4
      137 22 Fj UUOJT CMKNJNE (AM Saudi Ffeg VmmO SN PNG Loodrig for.5/12 DMDm 12/12 17/12 ma IHMMM 4H244/414JN (MB vimnu mm TRANSTEMBER LINE BULK TIMBER SERVICE MPT 21/11 a/11 Mfch, Tito*. MnfalcMi, Sjtarnc, hi ft 5/12 7/12 v*n* tmuonom smrm t rammm unci son m ia 3tMK/3SttSt/3Stts2 iu: jmm jww ICE
      137 words
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      Page 22 Advertisements Column 5
      256 22 PERKAPALAN LAUTAN MRU SDN. WD. P O Boa 220. KotaKnabafcj. SabaH t Safe* Sarawak lanfkofc Smgaporr Port KHsn§ Vessels Pen** P.Wanf S pore Loadni for LAI/TAN TKA ¥.7/11 h Pert W, Sandakan. Tawau LMirMRMIV.iI/tl 10k XHm kk LMJTMI ENMI VJ/tl 21 Ifcv 5Dk Sandakan. Tawau SEALJON SHIPPING (S) PTE. LTD.
      256 words
  • Page 22 Miscellaneous
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      Page 22 Miscellaneous Column 1
      144 22 Regional Weather ou^ 2* 0 vt<y^£ v 5 a, t. ai Vol tm -v 2 .^fi S7°* «3 si c 1 A. SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7.30 AJA. THIS MORNING. LEGEND: R Thunderstorm Temperature °C y Shower Weather s—f Wind direction with speed in knots Rain Cloudy Sky
      144 words