The Business Times, 12 January 1982
1982-01-12
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The Business Times
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Title Section11 1982-01-12 1 BUSINESS TIMES M.C.(P) No. 93/1/82 TUESDAY, JANUARY 1», 1982 60 CENTS11 words
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266 1982-01-12 1 ALVIN TAY - By ALVIN TAY DEVELOPMENT Bank of Singapore foresees the possibility of a slight rebound in local interest rates during the second half of the year, particularly if major economies stage a concerted recovery. The bank said in its Weekly Money News that266 words
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Article279 1982-01-12 1 A SERIES of bad news depressed investors' sentiment at the Singapore stock market yesterday. Turnover dropped below nine million units as a number of investors withheld additional commitments. The Straits Times Industrial Index closed 5.60 points lower to 801.76 after a broad wave of selling279 words
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Article448 1982-01-12 1 MALAYSIAN Foreign Minister Tu Sri Ghasall Shafle climbed oat of a rescue helicopter in Kuala Lam par yesterday, some 14 hoars alter being presumed dead in a plane crash. A large crowd of cheering wellwishys surged forward as Taa Sri Ghasall walked Into the general hospital. Police448 words
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506 1982-01-12 1 LIM SOON NEO - Ambitious plan by Huntley Palmer By LIM SOON NEO x ONE OF the largest Brit ish food manufacturers, J Huntley and Palmer Foods, plans to set up a I large food manufacturing complex in Singapore. The company, with an annual turnover of £400 million, set up its regional headquarters in506 words
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Article430 1982-01-12 1 AMERICAN university courses may be offered in Singapore as early as next September, if there is sufficient interest among American and other expatriates in the Republic. The American Association of Singapore (AAS) is conducting a survey of expatriates, in conjunction with Northeastern University of Boston, to see430 words
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BRIEFLY...
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Article65 1982-01-12 1 Reuter BANGKOK, Mon. Thailand had a balance of payments surplus of 2.5 billion baht at the end of 1981 against a deficit of 14 billion forecast earlier and compared with a 5.1 billion baht surplus in 1980. The Bank of Thailand, which revealed the surplus, also said theReuter - 65 words
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Article56 1982-01-12 1 Reuter LONDON, Mon. S G Warburg and Company Ltd said it plans to form a joint merchant banking venture with the Bank of East Asia Ltd of Hong Kong. The joint venture, to be known as East Asia Warburg Ltd, will operate in Hongkong and elsewhere in SoutheastReuter - 56 words
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Article53 1982-01-12 1 Reuter BEIJING, Mon. China's industrial output grew by four per cent in value in 1981, one per cent more than planned, the State Statistical Bureau said. Western analysts viewed the growth as impressive in view of the fact that output fell 0.2 per cent in the first quarterReuter - 53 words
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Article53 1982-01-12 1 AP BONN, Mon. THE Soviet Union is demanding the abolition of Solidarity as the most important condition for granting Poland more economic aid. A West German newspaper reported that the Soviets are insisting on an end to an independent union in Poland before they will extend US$3.B billionAP - 53 words
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Article67 1982-01-12 1 AP TEL AVIV, Mon. Israeli settlers from the Sinai town of Yamit have rejected a government compensa- tion offer and threatened to forcibly resist evacuation before the area is returned to Egypt. Failure to persuade the 3,000 settlers to leave Sinai could mean a political crisis for PrimeAP - 67 words
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Article72 1982-01-12 1 UPI TOKYO, Mon. Tomio Kubo, chairman of Mitsubishi Motors, said his company has not received any request for additional financial aid from Chrysler. However, he said the financial position of Chrysler is expected to deteriorate in the next few months but pointed out that the number 3UPI - 72 words
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Article65 1982-01-12 1 TOKYO, Mon. Japan will ask its major trading partners to prevent any moves towards protectionism at the forthcoming meeting on international trade in Key Biscayne, Florida. At the two-day meeting, starting FTiday, Minister for International Trade and Industry Shintaro Abe will meet US and EEC officials. He will65 words
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Article54 1982-01-12 1 AP TOKYO, Mon. The Ministry of Transport plans to initiate a crackdown on Japanese sex tours to Asian cities. It is currently considering the possibility of revising laws governing the travel industry in order to prohibit travel agents from offering package tours that include such services asAP - 54 words
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322 1982-01-12 1 n TOTAL depMdto wit* haaks aad flaaacc companies ewtlaaed to rise in November h- the sharp decline to interest rates daring that rl There was a* eapherlc la1, crease la toaa demand to take advantage af rapidly falling prime leadlag rate* either. Ia fact,322 words
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Article536 1982-01-12 1 LEE YOKE MENG - By LEE YOKE MENG r THE Hong Leong Finance Group is all out to capture a bigger slice of the financing business and it will not be just competition against other finance companies. Banks may just as well find themselves pitted against the aggressive pair536 words
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Page 1 Advertisements
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Advertisement234 1982-01-12 1 a KONGO raoar PROMET Bhd is confident that manufacturing operations at the yard it seeks to set up in Johore will begin by March.. Page 12 PROFITS of the Perlis Plantations group have swelled by 50 per cent for the year ended September 1981 p a ge 12 SEVERAL dormant234 words
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Advertisement43 1982-01-12 1 Are you having putting problems?' PING HAS THE ANSER. Manganese Bronze AND THE New ANSER 2 Stainless Steel I PING -»o« mm wont to ptoy ttvw bMi Sole Agent: The Sports People Suite 2201 Ocean Building Quay S pore 0104 Tel *****4 *****443 words
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Advertisement254 1982-01-12 1 *M\ Wss\ Times Pe»KX>cots PuDtica'ior F) SJMAKIRK business FOR PEOPLE WHO MATTER Europe and beyond? Fly via Amsterdam Why Amsterdam? Amsterdam international airport is I' ■—i your unique gateway ss to Europe and the yr *£l jCi Americas; with an extensive range of KLM j connections covering all the major254 words
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BANKING AND FINANCE
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462 1982-01-12 2 ALVIN TAY - By ALVIN TAY THE SINGAPORE branch of the Bank of Tokyo yesterday issued the first revolving certificates of deposit facility denominated in Singapore dollars. The SJ3O million five-year facility will be jointly jnanaged by Morgan Guaranty Pacific (MGP), National Discount Company and462 words
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232 1982-01-12 2 Reuter NATIONAL Westminster Bank Ltd has not taken a decision about making provisions for any debt in its accounts for 1981, including Polish debt to the bank. A Natwest spokesman was commenting on a report in The Guardian newspaper that the bank isReuter - 232 words
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Article89 1982-01-12 2 Reuter THE WOULD BANK ku ■■■■—fed a US$lB5 milH— itu to Mmwli to kelp ft—re the devetopmeat sf aMg Mai miae la Seath Samatra. The haak'a Jakarta sfllee said the taaa is repayable la 2* yean, laHadlag fire yean grace, at aa aaaaaJ Interest «f 11J perReuter - 89 words
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153 1982-01-12 2 Reuter THE CREDIT quality of American Telephone and Telegraph's (ATAT) telephone operating subsidiaries may be hurt by their divestiture. However, Moody's Investors Service said it would maintain its "AAA" ratings on the subsidiaries' senior debt and the "P-l" rating on their commercial paperReuter - 153 words
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Article72 1982-01-12 2 BANCO del Padflee (Pimma) BA, Puuulu subsidiary of Be—im*B Bum del Pacific* BA, hu ibtalaed t fear-year UB$2S million credit, Chase Maahaitea Bank said u ageat for the leaa. The leaa carries a grace period of twe yean tad a spread ever Liadie laterbeak offered rates of72 words
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171 1982-01-12 2 Reuter THE PHILIPPINE gtverameat bba decided to tower reserve reqalremeats imposed ea eemmercUi keek kptoMi to tocreaae ty tad credit availability la tke eaaatry, eeatral beak pi— Jaime Laya said. He aald toe a per east reaerve reqairemeat will be redaeed by aae perceatogeReuter - 171 words
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Article194 1982-01-12 2 Reuter THE MITSUI group, representing Japanese partners in the troubled joint petrochemical project at Bandar Khomeiny, Iran, will shortly ask for a one-year delay in repayment of over five billion yen in loans from a Japanese bank syndicate. The amount will comprise about 2.5 billion yen of principalReuter - 194 words
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679 1982-01-12 2 NYT A PRESIDENTIAL commission in the United States has recommended a sweeping expansion in the powers of savings and loan associations and commercial banks so that both types of institutions could pump more money into the home mortgage market. Mr Richard Pratt, chairmanNYT - 679 words
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Article239 1982-01-12 2 THE Private Investment Company for Asia (Pica) and the Bank of New South Wales will jointly finance a US$6 million purchase of tugs and barges by a Papua New Guinea company. The multi-currency loan will be given to Steamships Trading Company, which ordered the vessels from two239 words
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433 1982-01-12 2 Reuter PAKISTAN has ended a 10year link of its currency to the US dollar in favour of a floating exchange rate that devalues the rupee by 2 per cent. Finance Minister Ghulara Ishaq Khan, announcing the change after a special cabinet lastReuter - 433 words
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191 1982-01-12 2 Reuter MOST members of the US Gold Commission believe America should mint a gold bullion coin to be sold at the market price. According to a preliminary poll conducted by commission staff director Anna Schwartz, the commission has made a preliminary recommendation toReuter - 191 words
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MONEY AND EXCHANGE$
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Article227 1982-01-12 2 SINGAPORE gold futures yesterday closed generally easier on local and overseas selling against a background of a firmer US dollar. Trading was light with the day's total sales recorded at 72 lots while kerb volume at 116 lots. Prompt closed weaker at U*****.30/385.80 an ounce against 400.00/400.80 last Friday,227 words
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Article35 1982-01-12 2 New York 8.18B 8.27B 8.28S 8.34S Zurich 8 JOB 817B 8«S Mam 8.27S Singapore HtM 8.17B r n 8.2TB 8.32S 8«2S Closing prices in US dollars troy ounci f. Source: Credit Suisse, S'pore35 words
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Article502 1982-01-12 2 THE Japanese yen was the most actively traded currency on the local foreign exchange market yesterday. Against all the other major currencies, the US dollar strengthened slightly. Against the Singapore dollar. the US unit opened at 2.0460/55. The currency was traded within the range of 2.0460 to 2.0475502 words
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Article196 1982-01-12 2 THE US dollar in Hongkong yesterday rallied against most major currencies in active, late foreign exchanges. They said the market is anticipating a J7 billion to 19 billion rise in US M-lb money supply this week, prompting firmer interest rates and thus bolstering the dollar. The US currency rose196 words
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Article22 1982-01-12 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.58 per cent.22 words
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Article189 1982-01-12 2 ASIAN ASIAN currency deposit interbank rates as at close on Jan 11: US Dollars)Spot) Offer Bid 7 days 12* 12* 1 month 13* 13* 2 months 13* 13* 3 months 1313/16 1311/16 6 months 14* 14* S months 14* 14* 12 months 14* 14* SwJra. Das. iMMIc Prices) 1 month189 words
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Article46 1982-01-12 2 RANGE at prices offered by discount houses on Jan 11: Overnight: I 1 Call deposits: 3'i% C losing ■arte* Selling 3-month Treasury bills 3 2\ 3-month Bank bills 8 s 8* 3 months CD 8H 8H 6 months CD 8fc 8* Source: National Discount Co46 words
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Article150 1982-01-12 2 THE dollar in London yesterday was a little softer in early trading on its higher opening levels, but remained underpinned by firmer Eurodollar interest rates. It traded at an early 2.2S95/05 marks, against the opening in London and late Hongkong level of 2.2710/20, and 2.2620/35 at the close in150 words
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Article126 1982-01-12 2 THE dollar for overnight delivery in Tokyo yesterday closed firmer at 222.75 yen after a 221.60 opening, dealers said. This was higher than the 221.40/60 close in New York and on the US West Coast on Friday and the 221.85 close in Tokyo on Friday. Trading was a moderate126 words
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Page 2 Advertisements
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Advertisement388 1982-01-12 2 FOR RENT: AN OFFICE, A STAFF, AN IMAGE. Now you can have instant office space with supporting services befitting a modern business in Singapore. If you are setting up a business and want to avoid the often-troublesome expensive tasks of signing a long-term lease, furnishing an office, buying or renting388 words
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Advertisement142 1982-01-12 2 Appointment SEEKS REGION DATA PROCESSING MANAGER As part of our decentralisation programme we are establishing mini-computer installations within the Far East Region. We need a Data Processing Manager who can ensure that both sites and systems are fully operational within our demanding implementation timetables. The successful candidate will be a142 words
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TRADE AND INDUSTRY
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397 1982-01-12 3 SENIOR government officials from the five Asean countries yesterday began two days of talks to prepare the agenda for the 12th Asean Economic Ministers meeting beginning in Kuala Lumpur on Thursday. Heading the team of Singapore officials is Mr Ridzwan Dzafir, directorgeneral of the397 words
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341 1982-01-12 3 MECHANICAL seals and sealing systems will soon be produced locally. An Indian-American joint venture has been given the go-ahead by the Economic Development Board (EDB) to manufacture these products here. The new company, Durametallic Asia Pte Ltd, was formed by Durametallic'341 words
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Article289 1982-01-12 3 GE expands its R D facilities GENERAL ELECTRIC (USA), one of the largest private sector employers here, is to further expand its research and development facilities. After enlarging its Materials Application Centre (Gemac) in Jurong by 100 square metres recently, the electronics giant plans to add another 200 square metres289 words
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193 1982-01-12 3 SINGAPORE-BASED Atlas Copco (SEA) Pte Ltd and its Indonesian distributor, PT Paramount, have successfully tendered for the supply of drilling equipment and compressors worth $1 million to an Indonesian cement factory. Atlas Copco (SEA) is part of the Atlas Copco group of Sweden, which193 words
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Article113 1982-01-12 3 LE Printemps, a leading French department store, will be coming to Singapore, but it will not be located in Goldhill Square. The French store has turned down an offer to open a store at the new complex by Goldhill Developments for various undisclosed reasons. However, it113 words
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Article502 1982-01-12 3 WANG LOOK KEAH - By WANG LOOK KEAH SINGAPORE yesterday shared its experience in developing and building Changi Airport with over 200 planners and administrators from 17 countries. At the opening session of a two-day symposium here on airport planning and development, top civil servants who were involved in the gigantic502 words
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Page 3 Advertisements
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Advertisement481 1982-01-12 3 NISSAN m mi *24 $W> 2?^ '^<0 ><•••• m ass >/v, •X" r-m &<%%>■ m. K'/k •m. zst m ■m Ms- m ■Xv. -vy mm. m. s fcw 3i>S 8P W' g? S*- m ■y-y Wv m *>- ps llSfe "•#B%2S 388 xSSB®«83? «*&S •••<•:•' 1 >i> w S»": 5^481 words
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OVERSEAS
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Article, Illustration538 1982-01-12 4 MOVE AGAINST DUMPING UPI Reuter WITH thousands of American steel workers on layoffs, US Steel Corporation and other major domestic producers filed formal complaints yesterday accusing foreign companies of exporting steel to the United States at unfairly low prices. The Sunday announcement of the proposed actionUPI; Reuter - 538 words
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Article260 1982-01-12 4 AFP CONTROVERSY has broken out over suggestions that the French US$2.4 billion takeover of the American Texas Gulf oil company has run into trouble. It was even suggested that the possibility of re-sale has been considered. But the French state-owned oil company Elf-Auitaine has denied seeing officialAFP - 260 words
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204 1982-01-12 4 AFP THE SOVIET Union is pressing Iran to sign a "friendship and mutual assistance treaty" for a period of five to ten years to defend Iran against "foreign-led subversion." Time magazine said the proposal was put to the Iranians on Nov 18 at aAFP - 204 words
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203 1982-01-12 4 AFP DOMESTIC and foreign investments in Indonesia increased last year by 16.5 per cent and 34 per cent respectively over the previous fiscal year. Antara news agency quoted the chairman of the Capital Investment Board (BKPM), Mr Suhartoyo, as saying that domesticAFP - 203 words
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535 1982-01-12 4 Reuter MITSUBISHI Light Metals Industries Ltd has expressed interest in setting up an aluminium smelter in the Philippines by physically transferring an existing mill from Japan. In a report to President Ferdinand Marcos, the Ministry of Trade and Industry said Mitsubishi isReuter - 535 words
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697 1982-01-12 4 AP JAPANESE and American negotiators yesterday reopened talks on the thorny issue of aviation rights for each country's airlines with each side "far apart on basic issues". Formal talks on revision of the 30-year-old bilateral aviation agreement have been stalled sinceAP - 697 words
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WORLD IN BRIEF
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Article471 1982-01-12 4 Agencies MALAYSIA is keen to exploit its coal resources on a bilateral basis or with other partners in Asean. Trade and Industry Minister Tengku Ahmad Rithauddeen said coal exploitation will be one of the issues to be discussed at this week's Asean economic ministers meeting, starting this Thursday.Agencies - 471 words
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Article158 1982-01-12 4 UPI MEMBERS of a Japaneseorganised crime ring known as the Yakuza are believed to have invested millions of dollars in Hawaiian business and real estate. The Honolulu Advertiser said on Sunday that a precise analysis of how much the Yakuza has invested in the US isUPI - 158 words
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Article129 1982-01-12 4 AFP JAPAN will propose flights over South Korea by its flag carrier Japan Airlines and those over North Korea by the Chinese Airlines to shorten the present TokyoBeijing routes. Government officials said Japan will approach the International Civil Aviation Organisation (ICAO), which was expected toAFP - 129 words
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650 1982-01-12 4 IN a message that is in effect a forewarning couched in subtle terms, the Asean motor industry club has told Japanese car manufacturers to be ready to cope with changes that are going to take place in the Asean motor scene. At a650 words
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150 1982-01-12 4 UPI TOP US envoy John Holdridge held secret talks with Chinese officials yesterday to defuse the Taiwan dispute, but China unleashed another public blast against Washington's "obstinate stand". Mr Holdridge, who arrived in Beijing on Sunday on an unannounced mission, was reportedly telling ChineseUPI - 150 words
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331 1982-01-12 5 EXPORTS from South-east Asia to the United States should continue to do well this year in spite of the relative sluggishness of the American economy, said Mr John McGillicuddy, chairman of Manufacturers Hanover Corporation, in Hongkong during the weekend. He said that331 words
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Article155 1982-01-12 5 Reuter ECONOMIC growth within the EEC Is likely to remain depressed and by IMS, 1J million pespie, 12 per cent of the labour fsree, coold be ■■employed In the community. Cambridge University's department sf applied economics said oaemploymeat rates sf IS per cent or moreReuter - 155 words
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313 1982-01-12 5 ADVANCED industrial nations' imports from newly industrialising countries (NICs) have increased in recent years but their exports to NICs have grown much more. This is clear proof that protectionist arguments have no real basis. Figures from the 24-member-country Organisation of Economic Cooperation and Development (OECD)313 words
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Article743 1982-01-12 5 ARRIVALS Service Local Operator Number Time From CAL CT331 0020 TPE AI AI412 0100 BOM PAA PA005 0220 NYC/SFO/AHA/HKG MAS MH601 0700 KUL SIA SQ101 0645 KUL MAS MH811 0645 PEN MAS MH671 0915 KUL RBA BI427 0955 BWN MAS MH651 1000 PEN/KUL MAS MH680 1010 BKIMYY/KCH743 words
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645 1982-01-12 5 NYT THE REAGAN Administration has asked European countries and Japan to stop supplying vital components for a new pipeline that would carry Soviet natural gas into Western Europe The request follows a US decision to ban such shipments by General Electric Co.NYT - 645 words
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Article603 1982-01-12 5 NYT ALONG with the bad news in last week's US Labour Department report on employment, there was a kernel of good news, for inflation watchers at least. While unemployment rose to 8.9 per cent in December, the average hourly earnings of non-farm workers were onlyNYT - 603 words
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482 1982-01-12 5 Reuter AN INFLUENTIAL Republican congressman has predicted that President Reagan will reject the advice of top administration officials and refuse to raise taxes in 1983 to reduce the federal budget deficit. Jack Kemp, the leading congressional advocate of supply-side economics and theReuter - 482 words
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155 1982-01-12 5 UPI SEVEN months after its stunning election victory, the Socialist government in France is dogged by the same problems that doomed its rightist predecessors. Unemployment and prices are ballooning out of sight and there is discord within its ranks. The mass media predict roughUPI - 155 words
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233 1982-01-12 5 Reuter FOREIGN ministers of the North Atlantic Treaty Organisation (Nato) was expected to warn the Soviet Union yesterday that EastWest relations will suffer if the Polish situation does not improve. Diplomatic officials said, however, the 15 members of the alliance would haveReuter - 233 words
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Article135 1982-01-12 5 Reuter CHINA is planning to develop its largest logistic base for offshore oil exploration in a special economic zone adjoining Hongkong. Minister of Petroleum Industry, Zhang Wenbin, said that the logistic centre at Chiwan, in Shenzhen, will take five years to build and will be financed mainlyReuter - 135 words
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Article183 1982-01-12 5 Reuter UPI THE Ministry of International Trade and Industry (Miti) in Japan has denied a press report that it is planning to give financial aid to Chrysler. The Niboa Keiz&i Shim bun had reported that the aid would be in the form of hank loans orReuter; UPI - 183 words
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Page 4 Advertisements
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Advertisement270 1982-01-12 4 V k'fV' V-;: This excellent book is only *> 2 >!• THE WORLD What makes PHILIPS' ILL USTRA TED A TLAS OF THE WORLD the most comprehensive, accurate and modern atlas now available? PHILIPS' ILLUSTRATED ATLAS combines maps, illustrations and text in a reference book that is visually exciting, very270 words
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Advertisement44 1982-01-12 4 FURNITURE \S| I H Touch of Class LUXURY INTERIORS PIE LTD. 321, Plaza Singapura FACTORV Rt*«fS€*TATIVE to* SOUTH (AST ASIA ST/HL(S.E.A.)PTE LTD Un»f 1003 lOt* Floor Tan Boon L<at Bo tiding Ootram Road Singapore 0316 T«M *****47 13 Lmesi Cabl* STIHLSEA Tele« RS *****44 words
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Page 5 Advertisements
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Advertisement133 1982-01-12 5 rrs* fIOTTUD IN SCOTLANO V h ft j nn-auia if u yjMii 2)sJt SCOTCH WHISKY White Horse Distillers Ltd itr C r* [\y »M r It could be from your first drop, if you really know what to look for in the very best whisky Our blenders have mastered their133 words
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Article366 1982-01-12 6 f THE JAPANESE government is one of the world's best boatswains. So far, it has always succeeded in steering its economy out of deep water when other developed nations are desperately struggling to keep their heads just above it. It certainly was not a366 words
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Article316 1982-01-12 6 THE REAGAN Administration's request that European countries and Japan honour its decision to stop General Electric from selling components for gas turbine compressors to the Soviet Union highlights the difficulty of striking a balance between Atlantica and European interests in Poland. America and Europe316 words
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Article, Illustration1577 1982-01-12 6 RAY DAFTER - Tough times ahead as competition grows fiercer Companies in the gas business are entering an era of fiercer competition as the annual growth in demand slows. The rapid growth in consumption over the past two decades is unlikely to be repeated. The worldwide conversion from manufactured gasFT - 1,577 words
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Article149 1982-01-12 6 PAUL NEO LAM CHUAN - Letter to the Editor PAUL NEO LAM CHUAN Dear Sir, Please refer to the article entitled "Loan Package to Suit CPF Scheme'" which appeared in your newspaper on Jan 4, 1962. The article mentioned that another financial institution has teamed up with the CPF to provide149 words
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599 1982-01-12 6 NICHOLAS BRAY - By NICHOLAS BRAY Reuter THE EUROPEAN Common Market's chief executive, Gaston Thorn, faces his most difficult task next week since he took the post, when he tries to bring together governments quarrelling over milk and money. Mr Thorn, 53, Luxembourg's former Prime Minister andReuter - 599 words
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Page 6 Miscellaneous
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Miscellaneous663 1982-01-12 6 TffO-IH-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 3 Pile hall of it into a bag (5) 8 Make certain subjects clear (5) 10 Line of approach to a glen? (5) 11 Something to stick one's teeth in? (3) 12 River I have knowledge about (5) 13 As played at Elgin? (7) 15663 words
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Miscellaneous795 1982-01-12 6 Night of mysterious events A YOUNG MM artist to the faeas sf tealgkt's Little Hamae Om the Prairie: Portrait Ot Lave (ek R.4S). Her wark iUwlj gala* reeiplttN ami ike aewapaper rt>ri« akaat ker eatck tke eye at ker matker wka ika<MB< ker aa t Tke matker tries to arraage795 words
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749 1982-01-12 7 THE CURRENT wave of mergers between big corporations, one rivalled only by the 1967-1969 wave, has thrust federal antitrust policy back into the mainstream of economic and political debate. Perhaps not since the trust-busting days of Theodore Roosevelt have giant business pairings such as749 words
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Article, Illustration1658 1982-01-12 7 ROBERT HERSHEY; LEONARD SILK - The current recession in the i United States threatens the survival of many businesses. Financial disarray and weak demand have imposed a liquidity squeeze on industries. LEONARD SILK reports that many companies are trying to escape it by cutting capital spending for new equipment1,658 words
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Article968 1982-01-12 7 KAREN ARENSON - Henry Kaufman's prediction last week of a steep rise in interest rates preceded the plunge in Wall Street. The market does not react this way whenever he speaks but it happens often enough to make it more than a coincidence. Mr Kaufman's audience includes commentators who notNYT - 968 words
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Page 7 Advertisements
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Advertisement463 1982-01-12 7 available aa Update The key to under standing ASEAN The ASEAN Report Update Published by The Aslaa Wall Street Journal The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within the Association of Southeast Asian Nations < ASEAN)463 words
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INTERNATIONAL STOCKS
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Article615 1982-01-12 8 SHARE PRICE MAY DOUBLE BY 1984 NYT INTERNATIONAL Business Machines (IBM), a disappointment for almost a decade, could produce good gains for its 737,000 owners over the next two to three years. Otis Bradley o( Alex, Brown and Sons, who has followed IBM for more than 20NYT - 615 words
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Article238 1982-01-12 8 SOME Wall Street analysts have suggested that the settlement of the antitrust case against the American Telephone and Telegraph Company (ATT) could transform the company's stock from a classic conservative investment into a more speculative one. "I would call ATT the major high-technology stock of the *****,"238 words
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Article69 1982-01-12 8 RIO TINTO-ZINC Corp hu raised Its stake ta Thomas W Ward PLC to 15.23 million shares, or Zf.l per cent, through a purchase sf 7M,tM shares at 23tp each, with dividend. Ito ZMp Is equivalent to the revalae si Its Increased cash offer, plas the flaal dividend. Bis69 words
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Article65 1982-01-12 8 DE BEERS Industrial Corp Ltd hns declared a special dividend d 7t U8 cents, on register on Jna 8 nad payable around May I, la accordance wtth the terms sI Its merger wtth Anglo Americuu Industrial. De Beers Industrial has declared a flaal dividend si 1M cents65 words
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242 1982-01-12 8 THE BIGGEST general aviation company in Australia has been created by the merger of two West Australian concerns, Skywest Airlines and TVanswest Airlines. The merger, agreed last Friday by the shareholders of both companies, will result in a business operating 36 aircraft, including three242 words
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Page 8 Advertisements
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Advertisement751 1982-01-12 8 See Page 11 for Aeian stocks The American Express Card serves you well, wherever good food is served". Where to wine,dine and entertain Getaway to Sentosa with family and friends Cost only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a751 words
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Advertisement154 1982-01-12 8 WfeVe famous far our r^ntnnp<p 1 ft The Dragon Palace Restaurant is where you can dine in regal splendour and feast on splendid dishes fit for a King Spacious enough to accommodate 450 people m comfort. Dragon Palace Restaurant also caters to the cosy twosome 1 a cOCKptt nOm Oxley154 words
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RAW MATERIALS
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Article218 1982-01-12 9 RUBBER prices in Singapore yesterday closed slightly higher with Jan One RSS buyers quoted at 180.50 cents per kilo, up three cents from last Thursday's close, dealers said. Morning prices were marked down half a cent despite trade buying and some covering interest. Afternoon prices gained further ground on218 words
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Article343 1982-01-12 9 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 175.50 176.50N 180.00 181 00N Int. 1 R.S.S. January 176.50 177.50 180.50 181.50 Int. 1 R.S.S. February 180 00 181.00 181.50 182.00 Int. 2 R.S.S. 168343 words
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Article121 1982-01-12 9 •NOON SSR uid SMR 1 f *A8 Jaaumry (Curreat Mtkl February (Forward Mthi SSR 20 SSR SO <l-to» > pallet) Buyer* Sailers Buyer* Seller* 196.00 168. OON 166.00 168.OON (1-ton pallet) 159 00 161 .OON 161.00 163.OON MRELB February March SMR CV (1 tor i pallet) 188-121 words
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Article76 1982-01-12 9 THE STRAITS tin price in Penang fell II cents to M 534.89 per Idio, still within the ITA middle sector range of $32.K and $34.18. The fall was attributed to high disposals of metal accumulated over the long weekend bat the decline was limited by strong support from76 words
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Article34 1982-01-12 9 Rubber: Jan 11 Singapore: Jan: 180.50 cents (up 3.00 cents) Malaysia: Feb: 204.50 cents (up 1.00 cent) Tin: M 534.80 per kilo (down 10 cents) Official offering: 464 tonnes (up 189 tonnes)34 words
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Article124 1982-01-12 9 THE Philippine government has announced the establishment of a copper stabilisation fund, with initial capital of 200 million pesos (US$25 million), to help the country's copper industry through periods of depressed prices. The local companies, which would be charged interest of 12 per cent a year124 words
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Article880 1982-01-12 9 COFFEE: Robusta coffee futures ended a quiet morning steadier with prices closing near session highs at £7 to £4 up on Friday's close in traded positions. Dealers attribute the slightly unexpected rise to lower sterling against the dollar. The dealers said they have no physical news to report.880 words
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Article143 1982-01-12 9 THE Kuala Lumpur palm oil market yesterday tended steadier on nearby covering interest in moderately active trading, dealers said. In January, south rose M 512.50 to $950 a tonne, central $5 to $945 and north firmed to $935. South in February gained $12.50 to $940 and central traded143 words
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597 1982-01-12 9 THE MAJOR producers and processors of palm oil I in Malaysia have been ac- cused of creating an "artifi- cial shortage" of the commodity in order to squeeze out the smaller operators. Aggrieved industry sources suggested that one of the ways to597 words
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Article176 1982-01-12 9 CHINESE Pndift Eiekuge, Singapore, mm eiMlag prices per 1M kg yesterday. CtcMit «U: Bulk fob $100.00 sellers, old drum (in second hand drum) fob $112.00 sellers, new drum fob $116.00 sellers. Capra: Mixed (loose) $50.00 buyers. Pepper: Muntok white pepper fob Asta NLW $372.50 sellers, Sarawak white pepper176 words
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Article196 1982-01-12 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) C«ttM yara: China Blue Phoenix 20s 2.540 32s 3,190, 40s 3,330 (per bale of 400 lbs). Piece gMda: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly196 words
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Article325 1982-01-12 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.06, 100 per cent third class 1.03, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.71, Special325 words
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1025 1982-01-12 9 NYT DRAMATIC structural changes are taking place in the US commodities markets, both in substance and in basic philosophy. "By the end of 1982, we may not recognise today's commodity industry, and within two years, it will have undergone the biggest transformation since the secondNYT - 1,025 words
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Article360 1982-01-12 9 Reuter THE THAI commerce ministry has reduced rice export fees in a move to boost rice export sales and make Thai rice more competitive in overseas markets. The ministry has also reduced operating expenses of rice exporters by scrapping a rice buffer stock of 200,000Reuter - 360 words
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Page 9 Advertisements
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Advertisement391 1982-01-12 9 Asia, at your finger tips... Other than speed reading, there is another way you can know a great deal more in much less time. The ASIA RESEARCH BULLETIN is a monthly information-packed report backed by in-depth and extensive research and ten years of editorial expertise. We have extracted and accumulated391 words
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1603 1982-01-12 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Ami (1008 3.048)1,603 words
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Article199 1982-01-12 10 SINGAPORE UNIT TRUST (Maaagen' prim tar iu it) The Commerce 3.27 3.44 The Savings Fund 197 207 S pore Prog Fund 142 149 S pore Sec Fund 214 2-25 S pore Invest Fund 1.13 1.18 S pore Equity Fund 1.33 l ttsd ASA UNIT nusr (Ml—««■' prtma tar199 words
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Article2920 1982-01-12 10 1981/1882 High Low 1 Company Last Sale orOP'S Div Div C'vr Gr's Y'ld Net P/E Vol COOO) Day High Low SECTION ONE INDUSTRIAL ft COMMEBCIAL 494 115 380 312 420 200 470 532* 875 430 248 US 130 ISO 308 75 380 220 322 231 Acma Alcorn2,920 words
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Article1989 1982-01-12 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur 1 Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1.000 units, unless otherwise specified. IMHffTEJALS t)i.Hi <3 SOB) Umi (1.465) (14) 1« (1) 1 «51,989 words
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Article126 1982-01-12 10 UNITED Maiayaa Flair Mills Berhad: AGM to'be held at the 1st Floor (Breezeway) Bangunan UMBC, Jalan Sulaiman, Kuala Lumpur on Jan 15 at 12.30 pm. WEARNE Brothers, Limited: 67th AGM to be held at the 19th Floor, OCBC Centre, Chulia Street, Singapore 0104 on Jan 18 at 11126 words
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767 1982-01-12 10 MONDAY kliei kit tke Segapere stock market yeatorday, aeadlag (ton prieea tower una the kMil Tke market apeaed •toady kat mm gave way to aetliag pr emare aad taraed eaator all raaad. Bad aewt appeared to kave affected laveator aeattmeat wttfc tke remit tkat767 words
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Article578 1982-01-12 10 THE Kuala Lumpur stock market seemed to be taking a pause from the recent runup yesterday as prices fell on a (airly wide front in active trading. Multi-Purpose Holdings made its official appearance and was the centre of attention from the opening bell with buyers' quoting578 words
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COMPANY NEWS
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835 1982-01-12 11 MAUDRENE NITHIANANDUM - Market Talk... By MAUDRENE NITHIANANDUM FOR the less risk-averse investors, Sun Hung Kai Securities has in its latest issue of Focus recommend- ed the purchase of Associated Plastics Industries (API) at $2.80. The recommendation was made in late November and since835 words
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Article446 1982-01-12 11 STRAITS Trading Company has acquired an investment company, Walthamston Pte Ltd. The company has an authorised capital of $25,000, out of which $2 has been paid-up. THE company registrar of Pahang Consolidated and Federal Cables, Peraama Maaagemeat has changed its address to Wisma Perdana, Jalan Dungun, Damansara Heights.446 words
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867 1982-01-12 11 TRACEY CHIN - By TRACEY CHIN SEVERAL dormant companies listed on the KLSE sprang into action last year with announcements of major restructuring schemes and acquisitions which, when completed, could turn them into vastly different companies from what they started out to be. However, some of the867 words
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287 1982-01-12 11 INTRACO Ptaatattoas,« per eeat sahsidiary af la tree* Ltd, Intends to lavalve Itoetf in real estate !■<— aa well u remmadlty trading. The mala ahjeetlves sf toe new ly-formrd rimpti\ encampaaa three prtadpal areas: Seeartag aay klad af praperty aad toralag287 words
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Article411 1982-01-12 11 CHIN Teck Plantations Berhad is increasing its oil palm planting because it is more lucrative than rubber and is banking on stable commodity prices to maintain its profits (or its current financial year ending Aug 31,1982. Chairman Goto TJoei Kok announced this in his latest annual411 words
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ASIAN STOCKS
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Article457 1982-01-12 11 SHARE prices in Tokyo yesterday firmed on scattered bargain hunting in blue chips and popular issues, while trading slowed due to a lack of news, dealers said. The market average gained 39.40 to close at 7,675.26 on a volume of 170 million shares. The Tokyo stock exchange index rose457 words
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Article326 1982-01-12 11 THE Sydney market yesterday retreated again following the sharp across-the-board drop last week, dealers said. Oils eased and a number of key industrials slipped but several metals found firmer ground. The All-Ordinaries index was 1.6 points down at 575.4 at the close of trading. Market leader BHP326 words
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Article32 1982-01-12 11 H.K.HANG SENG Monday 1436.57 Friday 1415.7» Week Ago 1376 65 AUSTRALIAN INDUSTRIALS Monday 722.5 Friday 725 4 Week Ago 739.4 ALL ORDINARIES Monday 575.3 Friday 577.0 Week Ago 505 532 words
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Article321 1982-01-12 11 HONGKONG THE Hongkong stock market yesterday closed higher on late demand after trading steadily for most of the day, brokers said. Institutional buying and speculative demand for utilities were both cited but sentiment was also boosted by remarks on Hongkong from British Deputy Foreign Secretary Humphrey Atkins321 words
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Article130 1982-01-12 11 SHARE prices in Bangkok yesterday closed generally steady in slow trading which centred on popular stocks, dealers said. The Book Club index rose 0.12 points to 94.47 on a low turnover of 2.4 million baht. Bangkok Bank. Thana Siam, Saha Union and Jala prathan Cement closed unchanged at 254,130 words
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Article99 1982-01-12 11 THE Manila stock market yesterday closed lower across the board but turnover rose to jusr over one million pesos, dealers said. JAM 11 Pooa Aeoje Mlntnc 0023 unch AUaj Coo A AUu Con B 1150 -u Bafuko Ootd 0015 unch Benauet Con. B Br Ooodrtch 47.00 900 -04 unch99 words
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Page 11 Advertisements
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Advertisement112 1982-01-12 11 h/thoHY C./hindar //< kin I )t, tiron try of **r* <aiH New words and phrases have already been contributed to the language by the traditional computer industry Bug, Bootstrap and Deadly Embrace for example have long been ip Anthony Chandor's Penguin Dictionary of Computers. But the new context of microprocessors112 words
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Advertisement139 1982-01-12 11 VA.W ISSUE Allthese vi urines hm mf{bft'n v>/</. this umummemmtappears as a matter <>fn\ onionA. Deiemher I*MI SAKAI HEAVY INDUSTRIES, LTD. ISakai Jukogyo Kabicshiki Kuisluj) US. $15,000,000 5$ PER CENT. CONVERTIBLE BONDS DUE 1996 ISSUE PRICK 100 PER CENT The Nikko Securities Co. (Asia) Limited Morgan Guaranty Pacific Limited Tokyo139 words
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Chief Price Changes
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Article158 1982-01-12 12 Rises P M Hid (a 900 80 I C B 738 25 Strait* Trading 1040 30 C K Tug 035 15 lat T F 283 13 FAN 835 10 Shell 430 10 Tan Ckoag 308 10 Haw Par 388 8 U O I 370 8 Matro Hldfi 890 5158 words
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Article, Illustration157 1982-01-12 12 Rises P M Hldgs 600 70 G Kent (M) 600 45 MBS 444 14 Falls H Leong lad 1340 -40 M Banking 800 -25 Sel Prop 840 -25 B T Semb 472 -22 UMW 670 -20 H Leong Finance 1040 -20 Pegi 432 -18 MUI 498 -17 Guinness157 words
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Article145 1982-01-12 12 FAR EAST-Levingston Shipbuilding Ltd has formed a consultancy subsidiary to advise the group on its projects. The new subsidiary, FELS Consultancy, was incorporated in September 1981 with an authorised capital of 1250,000, $2 of which was subscribed to by Mr Loh Wing Siew and Mr145 words
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904 1982-01-12 12 DILIP MUKERJEE - Companies Editor: Mano Sabnani By DILIP MUKERJEE PROMET Bhd is confident that manufacturing operations at the yard it seeks to set up in Johore will begin by March. Even though it will be starting almost from scratch, its answer to sceptical questions is904 words
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Article252 1982-01-12 12 PROFITS of the Perils Plantations group have swelled by 50 per cent for the year ended September 1981. The group's profits attributable to shareholders of Perils Plant amounted to M 540.18 million compared with (26.38 million in the preceding year. As in previous final reports, no252 words
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Article309 1982-01-12 12 I P's financing plans ISLAND and Peninsular Development Bhd intends to finance its M 591.4 million land purchase by internally-generated funds and bank loans. In reply to a query by the Kuala Lumpur Stock Exchange, landP said: "Arrangements are being made for long-term financing by banks. There is as yet309 words
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Article99 1982-01-12 12 BATU Kawan made pretax profits of MJ29.05 million (133.52 million) for the year ended August 1981. The bulk of its earnings came from its associated companies which contributed $22.09 million before tax ($22.45 millon). Profit after tax amounted to $18.74 million ($20.94 million). Extraordinary profits of99 words
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Article63 1982-01-12 12 Reuter THE UK Monopolies and Merger Commission has rejected the two takeover bids for the Royal Bank of Scotland. The Financial Times reported that the commission ruled the proposed merger with either the Standard Chartered Bank or the Hongkong and Shanghai Banking Corp would be against theReuter - 63 words
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Article, Illustration673 1982-01-12 12 mm by HOCK LOCK SIEW THE traditional Lunar New Year rally which got off so well last week now looks rather shaky in the face of unfavourable developments both locally and in Malaysia. News of the arrest of ten members of a radical Muslim groupby HOCK LOCK SIEW - 673 words
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Page 12 Advertisements
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Advertisement177 1982-01-12 12 V' THE CERTIFIED DIPLOMA IN ACCOUNTING AND FINANCE ...the management qualification in accounting for the 1980s The Certified Diploma in Accounting and Finance (CDAF), awarded by the Association of Certified Accountants, UK, has grown to be the premier internationally recognised management qualification in Accounting and Finance. The Certified Diploma Scheme177 words
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Advertisement48 1982-01-12 12 This announcement appears as a matter of record only January 1982 MULTI-PURPOSE HOLDINGS BERHAD Listing and Quotation of Ordinary Shares of $1.00 each on THE KUALA LUMPUR STOCK EXCHANGE and the STOCK EXCHANGE OF SINGAPORE LIMITED The Undersigned acted as Advisor to MULTI-PURPOSE HOLDINGS BERHAD 4SE4MB4NKERS M4L4YSM BERH4D48 words
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Page 12 Miscellaneous
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Miscellaneous64 1982-01-12 12 OUTLOOK for Singapore today: Partly cloudy wilh showers in several areas in the afternoon and early evening. Report f»r 24 hoars prior to 7J pm on Jan 11 at the airport: Maximum temperature 29.7 Associated humidity 72 Minimum temperature 23.3 Associated humidity 86 Hours of sunshine 2.55 Rainfall in millimetres64 words
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SHIPPING TIMES
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Article195 1982-01-12 13 THE volume of tonnage in the world order book decreased by 1.09 million tonnes gross to 36.4 million tonnes gross during the third quarter of 1981 ending on September 30. This is the first reduction to the order book since March 1979, says the Lloyd's195 words
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Article, Illustration601 1982-01-12 13 JUNE LIM - By JUNE LIM THE SIX-MEMBER Safari Consortium will launch a new conventional service from the Far East to South Africa, as a back-up to its two-week old container service. The conventional service will be operated with five vessels, providing two sailings a month. This601 words
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PORTSIDES
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Article84 1982-01-12 13 Reuter A SWEDISH ferry rescued 19 crew from a Singapore-registered cargo ship which signalled that it was leaking in the Kattegat, the narrow strait between Sweden and Denmark, coastguard officials said. The Princessan Birgitta, on passage from Gothenburg to Kiel in West Germany, took the men from theReuter - 84 words
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Article142 1982-01-12 13 A JAPANESE cargo ship that had been foundering in rough seas off the Alaskan coast has arrived safely in the harbour at the A dak naval air station in the Aleutian Islands. The 12,289tonne Kinko Maru, under escort from another Japanese vessel, the Kako Maru, decided to sail142 words
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Article97 1982-01-12 13 AFP THE MULTI-PURPOSE freighter Banglar Gurab, ordered by the Bangladesh Shipping Corporation, was launched from the north-western French port of Le Havre recently. At an unusual christening ceremony, the wife of the Bangladesh ambassador to France SEM Monin broke from tradition, cracking a bottle not of champagne butAFP - 97 words
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Article697 1982-01-12 13 SUppUgLlat P»P CM Achipelego Shpg VI 3 Afea VI 3 Afro-Eurasia VI 3 Ali trans vn 4 Alpac VI 5 Angonav* V 3 ANL I 1 APC Liar IX 4 APL m Argentine IV 4 ASCL m 1 Asia Merchant VI 4 A astasia Line V 1697 words
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Article466 1982-01-12 14 MARINE Librarians' AsMdAttM'i tenth annual conference Jan 6-8, Nautical Institute, Southampton University, UK. 28th London International Boat Show Jan 7-17, Earls Court Exhibition Centre, London. Developments In Freight Forwarding Jan 19-20, Chartered Institute of Transport conference, Shangri-La Hotel, Singapore. Seatrade seminar: Understanding Investments in shipping Jan 24-30, Cambridge,466 words
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Article1685 1982-01-12 14 CHARTERING was more active on Friday in several sectors of the freight market including ore, sugar and timecharter business. Iron ore from Lower Buchanan to Holland paid U554.97 and from Tubarao to Rotterdam $5.05. A 120,000 ton iron ore cargo from Port Cartier to Redcar secures $4.50 and1,685 words
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158 1982-01-12 14 A NEW container terminal has been established in Salisbury, Zimbabwe. It is located at the Makabusi Goods Yard of the National Railways of Zimbabwe. The terminal is jointly operated by Container Terminal Services (Zimbabwe) (Pvt) Ltd, a subsidiary of the Walford Maritime Group158 words
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469 1982-01-12 14 UK MERCHANT bank Hill Samuel has expanded its shipping services empire by buying the 75 per cent of Wallem and Company it does not already own for £12.4 million. The purchase of the company, arguably the world's largest ship management concern,469 words
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Article243 1982-01-12 14 AFP INCREASED purchases by Hongkong shipowners have given a major boost to China's smaller shipyards in Guangdong province and the yards .are planning an increased and more diversified production with an eye on South-east Asian countries. This is in line with China's efforts to increaseAFP - 243 words
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Article, Illustration149 1982-01-12 14 THE Aara Asia which west agraaad aff the etut af Qaeeaalaad m October 9 Is carreatly oadergalag repairs al Kawasaki Heavy lad as tries' Sakalde yard la Japaa, Its eriglaal birthplace, lie {Sagapare-reglstored vessel la the Aars csassrtlam service caaaectlag the Straits aad Aastralla sustained damages149 words
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Article319 1982-01-12 15 A DECISION on the US$5l million offered by 16 shipping lines in settlement of anti-trust claims in the US should be given soon. The shipping lines are growing more and more optimistic that their peace offering to shippers will be accepted by the New York District Court.319 words
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332 1982-01-12 15 REFRESHER seminars aboard ocean-going passenger liners are now very popular among company employees and Japanese government officials. They are booming because participants can "kill three birds with one stone" enjoy an ocean voyage, attend group discussions and lectures by experts of business management, exchange332 words
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Article118 1982-01-12 15 STATE-OWNED agents for Chinese shipping interests in Hongkong are planning to invest large sums in upgrad-— ing facilities and computerisation of their operations. Yhe move is considered necessary to meet the demands of the booming shipping business between China and other countries as well as a reflection of118 words
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752 1982-01-12 15 THE US Maritime Administration's (MarAd) has released a report on the characteristics of coal for bunkering which provides a statistical foundation for analysis of coal-fired shipping in the ocean-going trades. Curiously, the report limits itself to an evaluation of the availability, suitability and costs752 words
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5490 1982-01-12 20 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for ports around the world 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 Port5,490 words
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Article1100 1982-01-12 21 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Ship's Voy ETA Lines Gdn Op. Unicon 75S 10.1.82 2300 Lian Soon TA 4 VC Cont Argent 723 11.1.82 0400 Ned-EAC TA 4 TT K. Saryan 31CW SI 11.1.82 0700 S'pore Soviet TA 4 TT Bunga Penaga1,100 words
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Article1882 1982-01-12 21 The leading shipping lines operating from local ports and their agents. A-B Aehlpetega Sfcpj Singapore Shpg Agencies (S) Euro-Asia Une (PN KL PK) Adriatic CwtalMr Continental Feeders (S) Cargo Freight (PK) AFF.A Singapore Shipping Agencies (S) Euro-Asia Line (PK PN) Ur»-Kirwl» Use Transgroup Pte Ltd (S).1,882 words
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Article, Illustration1203 1982-01-12 22 THE DESIRABILITY of a new crossing between the Atlantic and Pacific oceans a second Panama canal has been appreciated for 20 years or more as both the volume of maritime trade and the size of ships have grown. The latest discussions involving Japanese, Panamanian1,203 words
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464 1982-01-12 22 THE DIRE state of the tanker market appears to have brought another major shipowner, Italy's Lauro Line, to its knees. Reports from Italy suggest that Lauro, headed by Mr Achille Lauro, has serious financial problems which, in the short-term at least, are464 words
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Article246 1982-01-12 22 THREE European shipping lines are among a new batch of companies to be penalised under American maritime commercial legislation. The lines involved are Compagnie Generate 'Maritime of France, Hapag-Lloyd of Hamburg and Intercontinental Transport BV of Amsterdam. The latest announcements of lines being caught up in246 words
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Article241 1982-01-12 22 SHIPPING chiefs have lodged a protest over heavy customs fines which authorities in three West African countries are levying. They are particularly alarmed by the reported backdating of some of the penalties by as much as six years, which could be a further twist to241 words
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404 1982-01-12 22 A CALL for a reconsideration of the safety standards of liquefied gas tankers and terminals was made by a senior technical manager of British Shipbuilders. Mr Robin Gray said it was the professional duty of engineers to reduce to an acceptable level404 words
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Article, Illustration156 1982-01-12 22 HITACHI Venture, the world's largest bulk carrier, is protected by special coatings which prevent corrosion and barnacles from clinging onto its sides. The 260,000 dwt vessel is covered with 300,000 litres of protective Berger Torpedo Marine Paints, with its bottom covered with Berger KP Coat156 words
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Article, Illustration449 1982-01-12 22 ARRIVALS KEPPEL WHARVES Bela Kosmo (after Seven Shoun) 13/14 Barge Maritime-200 (0900) 38/ 39 Eigo Mam (Clinker) (after Feng Lei shifts, must head west) 5 Feng Lei (shifts after Nedlloyd Adelaide hauls) 1/2 Kota Makmur (0700 after Kota Bahagia) 8/9 Kim Soon Li (0700) 22 Nedlloyd Adelaide449 words
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Article186 1982-01-12 22 THE MAJOR shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.186 words
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Page 13 Advertisements
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Advertisement481 1982-01-12 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. See Page V .1 RI) 1\ 1 A MAH Orient Overseas Co*iicu*teA. Line FULLY CONTAMERBED SERVICE TO EUROPE (VIA SUEZ) ncmK mh s* PJlte| I LAm (dm481 words
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Advertisement173 1982-01-12 13 HSEALORDO f\ x UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES S'pore I Loading for rTiTWkttrtW.'iTii;: Break buk aw (6/3), Bahrain (9/3), Kuwait (12/3), Oammam (15/3) FULLY CONTAINERISED SERVICE DEPARTURES TO USA, CANADA AND CARIBBEAN WORLD LION 095/DEFEMJER 022 WORLD LION 095/WYAGER 022 WORLD TIGER 096/MNOVATOR 016 WORLD TIGER173 words
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Advertisement528 1982-01-12 13 JUO FESCO LINES Tr 'm FAR-EASTERN c v SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS ew York Philadelphia Feeder Vmml528 words
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Page 14 Advertisements
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Advertisement778 1982-01-12 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Mm Acceping Far i) Barcelona Genoa. 2) Amsterdam Antwerp. L Havre. Basle. UK. 3) Bremen. Bremertiaven Aarhus Copenhagen Helsinki 4) Malmo. Stockholm778 words
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Advertisement167 1982-01-12 14 gaa> supercarrier service FROM: US GULF US ATLANTIC EAST CANADA «T «MV«LS "BARBER TAIF" 14/1/12. "BARBER TALISMAN" 11/1/12. "BARBER TOBA" 2/2/12 "BARBER MENESTHEUS" 4/2/12 TO: PANAMA US ATLANTIC EAST CANADA US GULF 2/1 4/1 17/3 14/1 1/4 1/4 12/4 22/4 24/4 TO: CALIFORNIA VENEZUELA EXPRESS CONTAINER SERVICE 12/2 12/2 12/2167 words
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Page 15 Advertisements
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Advertisement713 1982-01-12 15 The Straits Steamship Group QCC Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT OSJWA MT ELBE MMU CONTAINERSHIP SERVICE FROM UK CONTINENT (IT MO WW ranoEVKB SHOKANAMMIU •STtATtfTTWCK AUSTRALIA MARU TOHGOMMtU KA2UKANA MMU •stratwfe VMm accepting carp KaracM. M Qabaas. A taU BaMadi t tMu Mu accepting urp inn P Kal713 words
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Advertisement612 1982-01-12 15 <* B Franco Belgian Services (bit f bft"ich >f*rt ict .< ith Jit -;i<i nt >it b.ttsftTK N '.'6 K* rvu cowMoay saw to ehmk rau cowMwoxr gmg FMM EUMPE > WTO* MIX IS la ROHM MOWN 22 la WTOME SMMTT 27 la KOREAN MCEJN 7 FA HOW KONG CONTMO612 words
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Page 16 Advertisements
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Advertisement619 1982-01-12 16 Hapag-Lloyc ra FtOM NOHTH-EWOPt/UK HT>ur| B"hj» Adam Itluwe S'lon PK S port lo*foBi r 17/12 19/1? 20/12 22/12 23/12 13/1 Kwama Kan 23/12 24/12 28/12 29/12 30/12 18/1 ThametMara 26/12 28/12 29/12 1/1 1/1 22/1 City Ot fdrtwgti 30/12 31/12 3/1 5/1 6/1 24/1 largißay 2/1 4/1 5/1 7/1 8/1619 words
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Advertisement437 1982-01-12 16 KOREA SHIPPING CORPORA TION S PORE P. K elanj PENANG ALTAIR 171W 21-23 lan 24-25 lan 26 28 lan ALTAIR 172E 21-23 lan 24-25 lan 26-28 Jan VEGA 169W 12-14 Feb 15-17 Feb 18-20 Feb FROM BUSAN BANGKOK VEGA 170 EL 12-14 Feb 15-17 Feb 18-20 Feb TO BUSAN FROM437 words
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Advertisement652 1982-01-12 16 r EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE 1 ACCEPTMG Fa La CARGO FOR r hlm| It Hjw» E.c Mctorr 21/1 U/7 13/7 IJ/2 17/7 u/7 E»« l*ft 77/1 7/7 11/17 71/(7 23/02 75/07 71/17 »ot»|K 7/7 l/J J/3 7/j „j E»« U r 11/2 21/2 »/J 11/1 IJ/3 IJ/3 14/3652 words
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Advertisement696 1982-01-12 16 Everett Lines m IWi mstmsykwrm vm im MSAA a/Jl im M l/l Ft* J/iB F SS C Ag«fits m Mokiyvo BOUSTEAD CUPPING ANG Mm Campania Arfofltma 0« llavaMOlii Ifflttcarninomal A un« A S A C.I F. "ARGENTINE NATIONAL LINE" tOADMG FOR DURBAN MONTtVDCO BUENOS AHES Spare ACONCAGUA 7/1 Fab Trintportaaon696 words
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Advertisement320 1982-01-12 16 UMaaaUMAMi mO.S.E. OCEAN SHIPPING I ENTERPRISES PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE HOKOMMU SUN TRADER SANKOUMARU OA SB MSCOUNT kortu i OCEAN RESOURCES NESTERN RflO ocean SMPiHk i ownwiu pte lid lEI »lIM/7 1 MIJ7I EAST ASM SWPM aw M m uHutum EAJT AM SMPPHS SON M) IE JH7O/J/7HI wur»320 words
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Page 17 Advertisements
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Advertisement810 1982-01-12 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) vessel KM T! m S'PORE COLOMBO HODEIDAH I JEDDAH AQABA I COLOMBO I S'PORE 21W/22E 23W/24E 17-14/4 22-23/5 Accepting LCL Cargo to Colombo, Aqaba and Hodoidah. S.E.A. Container Feeder Service SINGAPORE/PT KELANG/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS \mm] NEP.810 words
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Advertisement748 1982-01-12 17 BENLINE CONTAINERS FXPRESS CONTMNER SERVICE TO/FROM EUROPE FION EIMK H BURG 8 HAVEN t DAM HAVRf SOTON N Germany Aantria Benetui France Al UK P Relays port fm CM, 1 fM.it. bM UN bM bM lap BIT UN bM bM UW Raaattso M Sa4*d 14/1 15/1 a/i m 77/ i748 words
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Advertisement555 1982-01-12 17 it' if; ki IV y '01 i ll 11 fl p <1 i': 1 Scan Dutch 9 WEEKLY EXPRESS CONTAINER EP/UK/NC/SCAN SERVICE P *lIM| Feeder Ih# b p<mca c aci SM B DM* ANSON I IS/1 14/1 I INK* S SIM 1) UtiM Genoa 2) AmierdM I LiverpM London (Hbtry)555 words
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Advertisement589 1982-01-12 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS DEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) SPORE R OAM HULL, HMBG IVYBANK 23 Jon 17 Feb 20 Fe6 24 Feb CLYDEBANK 10 Feb 7 Mar 10 Mar 14 Mar FORTHBANK 17 Mar 12 Apr 15 Apr 20 Apr (Deep Tank Space Available) Lukes589 words
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Page 18 Advertisements
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Advertisement894 1982-01-12 18 K LINE KAWASAKI KISLN KAISHA. I ll) EXPRESS CONTAINER SERVICES TO NORTH AMERICA Cftna CtriiMi 114 Evtar muk At »iWi on reqwtt Carpet «tu acceptable tar OjtUnd Vancouver. Portland Houston. Galmton Ne* (Mow Baston St. Mn PMado*laa. Hortofc BaNrare Sa«a«nab. lacksonvflt JAPAN-STRAITS-JAPAN v «sel Sport Penang PKeianf Spore Tokyo Nagoya894 words
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Advertisement519 1982-01-12 18 (92 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE IN*? tor IDS AWGfUS SAN FRANCISCO SEATTLE. TACOMA VANCOUVER B C Accept»n FCL/FCL CanlMieri P KtUng Singapore t "V6MM Hilir IS Jan H to 21 Ft* AUSTRALIA EXPRESS CONTAINER SERVICE VBMVA AND RAG VtSHVA MAMTA VISKVA YASH MOMHARO "VBHVA ASM' VtSHVA TMANC519 words
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Advertisement718 1982-01-12 18 j S^\(>r(>ii|) SINGAPORE SHIPPING AGENCIES PTE. LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 114 LINES) TERMINAL OFFICE *****83 TELEX RS ***** RS 2556* A/B CARSHIP CABLE CARGOSHIP lte«|i<Mial Container Lines 2 SAILINGS A WEEK to/from BANGKOK rnn SMI But* fATANA BHUM SKI BftM THANA718 words
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Advertisement760 1982-01-12 18 KORINS MARITIME SERVICES E Room 601. ICB Building. Shenton Way. Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/WED SEA/EUROPE SERVICES S pore f Ketone Loading For: LINNGSBON 15 Jan Dammam/Bandar/Abbaj/ Bandar K Somen BUNGA VANDA 30 )an Bandar Ab6as/B. Khomeri Hyundae Shipping Co. Ltd. Spore PACIFIC MARINER In760 words
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Advertisement763 1982-01-12 18 cUMHaUajuni BLTJ INTRASEA (PTE) LTD. Suite 2616. International Ptaza Anson Rd. Singapore 0207 Tel *****1 1(10 Lines! BMbM4L3BM£L-ILtMM BREAKBULK SERVICE TO EUROPE/UK .unrc. r PwU, Loadmf tor ANANGEI SPIttT 8800! 14 Jan In Port BOULOGH/IfDAM/ UK (AVON) leddati FULL CONTAINER WEST BOUND SERVICE Singapore Loadnf for: CAPELLA WBI2O 15 Jan763 words
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Page 19 Advertisements
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Advertisement660 1982-01-12 19 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): N IADE 5W+ K JACEWON 16N N GARNET SW K JACEJM 13N HK CONTAIO 29W. A CONCORD 3W.— Also accepting cargo to/from Scandinavia N JADE S'pore Closing Times: FCL Cargo 0400 14/1 LCL Cargo 1600 13/1 FROM EUROPE (VIA SUEZ) Havre K660 words
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Advertisement540 1982-01-12 19 MALDIVE LINES ETA eta ha SPORE KUAATAN POUT KELANG MALDIVE ICIGWOUR In Port Loading For Hodetdah/Jeddah MALDIVE CHEST 12/1/82 Loading For Male MALDIVE NOVEL 25/1/82 Loading For Hodeidah/Jeddah MALDIVE NAVIGATOR 14/1/82 Loading For Salalah/ Dubai/Bahrain/Kuwait MALDIVE NATION 15/1/82 Loading For Vietnam MALDIVE PEACE 25/1/82 Loading For Dar-E-Salam MALDIVE PMVLAGE Sailed540 words
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Advertisement623 1982-01-12 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P HELM* Ft RANG M/S SHMMI' »»«[SOON SON M IST ANO 2NO FLOOR KSSRS MAI THONG SHTTWG 23 Netd623 words
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Advertisement64 1982-01-12 19 •A, MOUNT FABER ROAD SINGAPORE 0409 TEL: *****W/9 REGULAR FCL/LCL SERVICES TO AUSTRALIA, NEW ZEALAND, HONG KONG SWEE JOO SHIPPING SDN. BHD EXPRESS TO BINTULU vm I(MG MTU (Ml 1M0) 2/12 1 *2 SNB LONC UTU (to* 1*0) 1/12 2.2J2 Acc<pta* Imi l« to <■» c *l* tor ■■toaitom *164 words
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Page 21 Advertisements
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Advertisement254 1982-01-12 21 EGYPTIAN" INTERNATIONAL LINE (EIL) EGYPTIAN FLAG SINGS? "f l N SHIPPING PIF lID 1119 World Trade Centre Marttane Square S pore 0401 Tli RS ?10W Tel *****1 1 Bkj-i *****81 *****8? WST MAI WSIA HS H (M> Sdn Bhd Kl Tel *****3 *****/ Pt Kel Tel *****6 Tli ***** Penanj254 words
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Advertisement317 1982-01-12 21 KAWASAKI KINXAI RISEN KAISHA, LTD, JAPAN/STRAITS/ JAPAN Fully Containerised Service Vessel Tokyo Kobe S pore Penang P Kelang S pore Tokyo Kobe NOKOSTAR Vll SM Std Std Sid 12/1 MONTE EMERALD V 8 SM SM 21/1 22/1 24/1 25/1 1/2 11/2 KPKNEERV4 1»/1 21/1 2/2 4/2 6/2 7/2 l«/ 2317 words
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Advertisement258 1982-01-12 21 ft JOHORE SHIPPING LM 153 JALAN TENGKU BADAR PORT KELANG SELANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Express Unitload Service from P Ketang East Malaysia Brunei (Accepting csrgo for ptMetising in LPK Gdn No 3 (South Port) l I BINTULU A CONTRACTORS SDN. BERHAD 37, Pandwfan load. Kud*«g, Sarawak, Tat *****/*****258 words
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Advertisement196 1982-01-12 21 APC LINE f ANOKUTAN PLKTAM&tNQAN CONTAINER LINE FULL CONTAINER SERVICE SMGAPORE/PENANG/SMGAPORE/JAKARTA (TG. PRIOK) VESSEL NAME TAMBANCM TAKMtt I TAMBANG VI TAKAM I VOYAGE NO 7045/705N 2045/705N 7065/707N 20SS/207M SWGAPORE AGENTS CAHAYA SAMUDERA SHIPPING PTE LTD Unit 202, 2nd Floor, Textile Centre, Jalan Sulton, Sinaopore 0719. TEL: *****90 (3 Lines) PENANG196 words
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Advertisement247 1982-01-12 21 Regular Conventional Service (All Soudi Flog Vmml) SIN PK PNG Loading tor s PWNCE 21/1 24/1 26/1 D-in* DM. M S. LUCK 31/1 2/2 4/2 D'mam. Dt*. M i rums tfntn mrt umm/uun praws smtsMHW *7375 EURYALUS TRANSTIMBER LINE BULK TIMBER SERVICE Won Sin PK Loxfinf for--20/1 5/2 7/2 Jcddah,247 words
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Page 22 Miscellaneous
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Miscellaneous144 1982-01-12 22 'A m Regional Weather V J 2 *7 9 9 k 05 Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND• R Thunderstorm Temperature °C y Shower Weather Wind direction with speed in knots Rain Cloudy Sky Wave height Sarface144 words
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