The Business Times, 25 February 1982
1982-02-25
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The Business Times
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Title Section11 1982-02-25 1 BUSINESS TIMES M.C.(P) No. 93/1/82 THURSDAY, FEBRUARY IS, 1(82 60 CENTS11 words
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562 1982-02-25 1 LEE YOKE MENG - By LEE YOKE MENG FL SMIDTH (FLS), one of Europe's top computer software suppliers, is setting up a Joint venture here with Singapore Finance. The H million venture, FLS Automation, will specialise in industrial software supply and consultancy services for Singapore and562 words
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Article386 1982-02-25 1 WONG SOUK YEE - By WONG SOUK YEE SORD Computer Systems, which recently set up its manufacturing plant in Bedok, will invest a total of $60 million in its first five years of operations. It has already spent $11.5 million on the manufacturing facility and another $5.5 million on386 words
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311 1982-02-25 1 FOREIGN currency deposits placed with licensed banks and registered and licensed deposittaking companies (DTCs) in Hongkong will be exempt from interest tax, and interest tax on Hongkong dollar deposits will be cut to 10 per cent from 15 per cent, effective from today. Financial Secretary311 words
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Article224 1982-02-25 1 HONGKONG is expected to achieve 8 per cent real growth in gross domestic product (GDP) in calendar 1982, Financial Secretary John Bremridge said in his 1962/83 budget speech. Latest calculations show GDP growth was 10.1 per cent in calendar 1981. The projection is based on forecast224 words
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355 1982-02-25 1 FLORENCE CHONG - By FLORENCE CHONG THE Queensland government is now expected to hand down its decision on the winner of the Gold Coast licence in two weeks. The government narrowed the field of five contenders to three on Tuesday, when the Cabinet met to discuss355 words
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BRIEFLY...
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Article79 1982-02-25 1 Reuter MANILA, Wed. An attempt by the Asian Development Bank (ADB) to raise US$4.l billion in fresh funds to lend free of interest to the poorest countries of the region over five years has become unrealistic in view of poor US response. The bank's president, Mr Masao Fujioko,Reuter - 79 words
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Article76 1982-02-25 1 AFP JAKARTA, Wed. The Indonesian government has Invited the private sector foreign and domestic to set up foundry and forging industries in the country, with the government guaranteeing markets. Minister of Industries Abdul Rauf Suhud told an investment seminar here that Indonesia has set basic metal andAFP - 76 words
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Article71 1982-02-25 1 Reuter GREENLAND, Wed. Greenland has voted to pull out of the European Economic Community (EEC) in a referendum that could have far-reaching consequences for the world's biggest trading group. Jubilant anti-marketeers set off fireworks in the icy streets of Godthaab today after voters in the ArcticReuter - 71 words
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Article58 1982-02-25 1 Reuter TOKYO, Wed. Japan's electronics industry said it would not reduce production of semiconductors or restrict exports to the US, where it has been criticised for penetrating the market. The Japan Electronic Industries Association said Japan had about 70 per cent of the present US market for theReuter - 58 words
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Article87 1982-02-25 1 AFP KUALA LUMPUR, Wed. A special council session of the International Natural Rubber Organisation will be held here from March 5 to 6, to consider a request from the EEC for an extension of the deadline for ratification of the International Rubber Agreement. The meeting has beenAFP - 87 words
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Article78 1982-02-25 1 Reuter MANILA, Wed. Inflation in the Philippines is now running at less than 11 per cent and the government hopes to bring it down to single figures this year. Trade and Industry Minister Roberto Ongpin today said the latest figure was 10.9 per cent, compared with over 18Reuter - 78 words
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Article52 1982-02-25 1 AP KOTA KINABALU, Wed. China has agreed to buy MM million (US$l.74 million) worth of timber from the Malaysian Sabah state. Gong Jinghai, the leader of a four-member timber mission from China, today said the purchase would take effect from next month and would be on a government-to-governmentAP - 52 words
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244 1982-02-25 1 THE Gevenunent has laeeray which will have aheet atx •ahatdUriea, to Mi far everIt wUI he ahle to after a la MJA «f the ■ahtoilariM will ■parts ls> la ttlerart fleida af the aerespaee trade. iaaaaartag the ferawHaa ef BAI, which Is aart af the244 words
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427 1982-02-25 1 HSUNG BEE HWA - By HSUNG BEE HWA THE Singapore Institute of Standards and Industrial Research is to take over the functions of the automation unit in the National Productivity Board. The move is part of the Government's plan to ensure better coordination of its research and427 words
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Page 1 Advertisements
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Advertisement237 1982-02-25 1 Car Audio Specialist FUJITSU TEN LIMITED PARAMOUNT Corporation achieved a 39 per cent growth in group pre-tax profits to M|7.17 million for the year ended Dec 31, 1881 Page B BANKAMERICA Corporation's profits and stock price tumbled last year in contrast to the rising performances of most other major US237 words
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Advertisement12 1982-02-25 1 ■pood Uili Central location (River Valley Rd, outside CBD) Competitive rental rates12 words
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Advertisement29 1982-02-25 1 (|]$,=\^[!{?~\`)$$\>_}/{(
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BANKING AND FINANCE
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353 1982-02-25 2 Reuter BRITISH banks are showing sharply higher profits in spite of lower interest rates. The National Westminster Bank (Natwest) on Tuesday announced a 20 per cent increase in 1981 pre-tax profits to £494 million. And last Friday, Lloyds Bank posted a 33 perReuter - 353 words
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209 1982-02-25 2 DIRECTORS and chief executives of the world's largest Arab consortium bank will hold a meeting in Singapore to gain insight into the region. The bank, Union de Banques Arabes et Francaises (ÜBAF), set up an offshore branch here three months ago to serve209 words
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Article668 1982-02-25 2 Reuter BANKAMERICA Corporation in Lob Angeles suffered embarrassment and disappointment last year as its profits and stock price tumbled in contrast to the rising performances of most other major US banking companies. It was the first annual earnings' decrease in 19 years for Bank America,Reuter - 668 words
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Article484 1982-02-25 2 Reuter THE Japanese finance ministry has taken no decisive measures to stem outflows of capital from Japan seeking high interest rates in the US and Eurodollar markets, Japanese Finance Minister Michio Watanabe said. Japanese Life Insurance Co officials said they had been unofficially asked by theReuter - 484 words
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121 1982-02-25 2 THE Japanese Finance Ministry has proposed a higher deposit insurance premium to the Federation of Bankers' Associations. Ministry officials have proposed a premium of 0.008 per cent of deposits held by an individual bank at the end of its business term in fiscal 1982,121 words
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116 1982-02-25 2 THE Federal Home Loan Rank Board in America has approved the merger of three savings and loan associations with Talman Home Federal Savings and Loan of Chicago. The combined association, with total assets of U516.3 billion, will be the seventh largest in America. The116 words
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Article56 1982-02-25 2 THE Mitsui Bank in Singapore has lowered its prime lending rate to 10V« per cent (from IOV4), with effect from yesterday. The interest rates for savings (s<*) and fixed deposits (5Vi for one month, 6Vi for three months and 7 1 i per cent for six to56 words
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Article22 1982-02-25 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.15 per cent.22 words
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Article177 1982-02-25 2 ASIAN ASIAN currency deposit Interbank rates as at close on Feb 24: USMUr«jBp«) 7 days 14 13% 1 month 1411/*****/16 2 month* 14 13/16 14 11/16 3 months 151/16 141&/16 6 months 16 1/16 14 18/16 8 months 151/16 14 1&/16 13 months IS 1/16 141&/16 Dw. gwM 1 month177 words
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Article43 1982-02-25 2 RANGE 01 prt" 3W after ed by dlscoast ha— lOiMM: Overnight 1 to SYi% C&H dapoi Ms: 3H% cw*« J-month S TrMmrybi LUs 2H 3* 3-month Bank bills •H 3 months CD 6* 0 months CD 7* 7* Source: National Discount Co43 words
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Article163 1982-02-25 2 THE US dollar was little changed in quiet early trading yesterday, while sterling eased after news that Barclays Rank cut its base rate to 13V* per cent from 14 per cent. Sterling opened weak with dealers worried about the effects of falling oil prices. It eased further on the163 words
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Article465 1982-02-25 2 THE US dollar yesterday cloned firmer against ma)or currencies except against the yen and sterling. Dealers said trading was generally quiet for most currencies except the yen. Most banks adopted a wait-and-see attitude as they were uncertain of the trend of US interest rates. Against the local currency,465 words
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Article223 1982-02-25 2 SINGAPORE gold futures yesterday closed generally firmer compared with over- night levels, after fluctuating marginallly throughout in light tradingTotal sales for the day waa recorded at 146 lots. April closed higher at U*****.30/368.50 an ounce i against 367.50/368.30 on i Tuesday, June higher at 378.50/379.50 against 376/378 and August223 words
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Article37 1982-02-25 2 TM MM New York 7AB 7.1TB 7 BBS B CHS Zurtcfc 7JBB I.OCB 7.SQ6 1118 M TM HlUllxw 7.73B 7.J3B 7. JOS 8.08S Ooriac nrtcet to "US dollar* a troy ounce. Source: Credit Suisse, S'pore.37 words
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Article196 1982-02-25 2 THE dollar (or overnight delivery closed at 234.25 yen yesterday, slightly weaker than the 234.30 opening and the 234.50/0 New York close, dealers said. This was slightly higher than the ***** close in Tokyo on Tuesday. Trading was active with volume at $1.71 billion. The dollar edged up in196 words
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Article181 1982-02-25 2 THE US dollar ruled narrowly mixed against majbr iisrsiks in quiet, late trading yesterday. Rates moved narrowly after moving broadly softer Initially in line with the lower trend at New York's closing, dealers said, noting that many dealers stayed sidelined of a lack of fresh incentives. The US unit181 words
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Article43 1982-02-25 2 THE Monetary Authority of Singapore has invited hanks and discount hn»t— to tSßder for a total of $165 million 91-day Treasury bills to be issued from Much 1 to March 5. Eirh tender must not he for less than $250,000.43 words
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Page 2 Advertisements
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Advertisement274 1982-02-25 2 o 3H o o o o o Sr fw Jj VW* Anything no heavier than K) kg, no more than 120 cm in length, width and height combined, not valuables,not to eat and not afive,can reach the consignee almost anywhere in Europe as a Swissair SPEX parcel the day following274 words
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Advertisement391 1982-02-25 2 The Systems Approach to (a) INFORMATION SYSTEMS AUDIT (b) MANAGEMENT CONTROL SYSTEMS by Dr Brian Wilson. B.Sc. Ph D, C.Eng, M.I.EE. Senior Lecturer, Systems Department, University of Lancaster. During the last few years there has been an increasing awareness of the need to find new methods of tackling problems in391 words
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TRADE AND INDUSTRY
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Article340 1982-02-25 3 LOH HUI YIN - By LOH HUI YIN BESIDES identifying workers for the second tier NWC increment, a positive performance appraisal system should enable an organisation to use its human resources efficiently. According to Mr Michael Liew, ;o MP for Boon Teck, this means an extension of the system's primary340 words
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Article290 1982-02-25 3 MATSUSHITA ELECTRIC will use a newly established music school as the main thrust of an intensified effort to market its Technics electronic organs in Singapore. «■■About 300 .electronic organs are sold in Singapore each month. The giant share of this .market goes to Yamaha, •and Matsushita's sales290 words
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Article273 1982-02-25 3 ALTHOUGH they have generated substantial interest in Singapore, quality control circles appear to be at a fledging stage only, in the companies practising it. This was one of the findings of a National Productivity Board survey on the status of the circles' activities. The survey was273 words
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199 1982-02-25 3 THE lateraetleael Muift■Ht iMdtate 0t Ocmi« may mm mi ip u «(flee here to kelp meet the teams* to toe rectos tor maafemes! iemton aad pr*MMlemn'i miM|er tor eerperato aad stomal retottoM, mm Pkylik toeitoTresmtoe, eald the Safes tottttoto, whfteh j199 words
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Page 3 Advertisements
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Advertisement287 1982-02-25 3 Hoechst researchso that they may have shelter tomorrow. Hoechst market in Singapore a whole range of highly sophisticated products designed to make buildings of the future secure shelters. They include a full range of sealants to keep out tropical rain. Melment superplasticizer. Masonry water repellent. Acid-proof cement. Tile adhesives. And287 words
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OVERSEAS
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611 1982-02-25 4 NYT US REPUBLICAN congressional leaders told President Reagan on Tuesday that his budget proposal for fiscal 1963 was dead and that they would work with Democrats to produce an alternative package. They told Reagan that in the 10-day recess that ended on Monday,NYT - 611 words
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Article545 1982-02-25 4 Reuter UPI JAPAN may support American and EEC proposals to discontinue use of ExportImport Bank finance for exports to advanced industrial nations. Trade Ministry officials said such proposals are likely to be made next month at a meeting of representatives of the Organisation for Economic CooperationReuter; UPI - 545 words
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305 1982-02-25 4 Reuter BRITISH Prime Minister Margaret Thatcher has nained Imlmmm that expectations sI tax eats In next ■Math's an—al badge! were beiag raised taa high. Bhe aaM roceat all price eats redaeed government reveaae and were dlmialshlag Its already Halted ream far maaaeavre. MrsReuter - 305 words
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653 1982-02-25 4 Reuter US FEDERAL Reserve Board chairman Paul Volcker has urged Congress to cut spending and raise taxes much more than President Reagan wants, so that painfully high US interest rates would (all. He proposed on Tuesday that Congress should come up withReuter - 653 words
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Article250 1982-02-25 4 Reuter WEST Germany's balance of payments fell heavily into deficit last month after a record post-war surplus in December. But economists said its current account was still likely to return to balance this year. Federal Statistics Office data showed a provisional current account deficit of 2.9Reuter - 250 words
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259 1982-02-25 4 UPI A BILL to sell off "large chunks" of strike-plagued British Rail to private interests will be introduced in the House of Commons next month. A member of the House on Tuesday said: "I and many of my colleagues are so fedUPI - 259 words
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163 1982-02-25 4 AP THE Japanese government has announced that it will maintain its trade discrimination against Hongkong under the Japanese Generalised Scheme of Preferences for at least another year. A spokesman said that although Hongkong is included as a beneficiary under the scheme, it is excludedAP - 163 words
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Article748 1982-02-25 4 ARRIVALS Service Local Operator Number Time Prom PAA PA005 0220 NYC/SFO/ MAS MH601 AHAHKG 0700 KUL SIA SQ41 0740 MAA SLA SQ101 0845 KUL MAS MH8I1 0845 PEN MAS MH671 0915 KUL RBA BI421 0955 BWN MAS MH651 1000 PEN'KUL MAS MH680 1010 BFQ MYY/KCH SIA SQ201748 words
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668 1982-02-25 5 UPI Reuter THE former Polish Ambassador to Japan has urged the West to declare Poland in default on US$26 billion in overdue loans and let the Polish people revolt against the military regime in Warsaw to protest against the worsening economic conditions. ZdzislawUPI; Reuter - 668 words
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426 1982-02-25 5 Reuter THERE are still several grey areas left in detailed rules and regulations to Implement China's foreign enterprise income tax law. Tax experts in Beijing said the main problem is that companies will find it difficult to decide whether or notReuter - 426 words
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Article637 1982-02-25 5 NYT A CONTROVERSIAL Securities and Exchange Commission (SEC) proposal that would simplify underwriting procedures is being greeted with dismay on Wall Street as it came up for SEC action yesterday. The proposal, known as Rule 462 A, is part of a package of regulations that would changeNYT - 637 words
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334 1982-02-25 5 AP REPRESENTATIVE Benjamin Rosenthal, a New York Democrat, has asked that Congress give the government power to prohibit foreign investments in the United States, "particularly where the investment is by a government entity in a sensitive sector of the US economy." HeAP - 334 words
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311 1982-02-25 5 Reuter AN Opec member country said at the South-South conference in New Delhi on Tuesday that security of oil supplies could be arranged if the industrialised countries were willing to extend "certain guarantees". A conference spokesman said the country, which heReuter - 311 words
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238 1982-02-25 5 AFP FOREIGN investments in the Philippines are at their highest levels this year about US$25O million and the government is keeping up its campaign to entice more multinational ventures. Industry Minister Roberto Ongpin said this yesterday when speaking at an international business writers seminarAFP - 238 words
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552 1982-02-25 5 UPI A REPORT to the US Congress has suggested policies to ensure continued US leadership in electronic technology, a position increasingly threatened by Japan and, to a lesser extent, Europe. "The Japanese threat in this (high-technology) industry should not be overstated," saidUPI - 552 words
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WORLD IN BRIEF
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Article383 1982-02-25 5 Agencies THE chairman of Pan American World Airways, Mr Edward Acker, said that the airline is nowhere near default on any credit agreements. He added that the airline has over US$24O million in cash and short term investments. excluding $46 million in an escrow account heldAgencies - 383 words
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Article132 1982-02-25 5 AP CHANGES sought by the US in the Law of the Sea Treaty will not seriously impair the agreement or its chances of being accepted by other nations, former US ambassador Elliot Richardson said. "We have had much more critical stages rt*»n this," said MrAP - 132 words
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Page 4 Advertisements
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Advertisement448 1982-02-25 4 DP and SYSTEMS SEMINARS DEVELOPMENT PRESENTATION OF TRAINING PLANS (DPTP) SINGAPORE 1 !S MARCH (5 DAYS) An in-depth five-day course which is particularly relevant to Singapore's plans for economic and technical development in the 1980's. It teaches you how to plan, and how to assess the need for, and quality448 words
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Advertisement39 1982-02-25 4 oUch h Porcelain smoothness, gleaming fittings and The Regent's richness of decor. m* 4 For room reservations, please call: Regent Reservation Service Singapore. "TVI: *****27 Telex No: RS ***** The Hotel in Kuala Lumpur the A REGENT "INTERNATIONAL HOTEL39 words
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Page 5 Advertisements
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Advertisement167 1982-02-25 5 The Word Processing Centre PteLtd CAN YOUR SECRETARY TYPE AT 540 WORDS A MINUTE? OURS CAN! The Word Processing Centre offers you the speed and efficiency of computer technology to improve your company image and increase your productivity whilst providing considerable cost savings. Using the Abacus Secretary word processing system,167 words
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Advertisement33 1982-02-25 5 Congratulations Word Processing Centra! We are honoured to be of assistance. Far East Computers Pte Ltd 1706-1708, Tunas Building, Anson Road, Singapore 0207 Ph: *****66 Makers of the ABACUS range of Word Processors.33 words
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Article377 1982-02-25 6 IT IS IMPERATIVE that institutions and organisations supporting Singapore's economic development strategies and policies should be able to keep up with the rapid changes and dynamism that characterise our economy. The Singapore economy has come a long way but with the outlook for the world economy377 words
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233 1982-02-25 6 THE CONTEST between Singapore and Hongkong to attract foreign deposits took another turn this week. Hongkong Financial Secretary John Bremridge announced yesterday in his annual budget speech that the British colony will reduce or eliminate interest taxes on various deposits. This will surely enhance its233 words
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565 1982-02-25 6 Reuter A NEW multi-million-dollar terminal for Manila's international airport will be opened next month after a delay of two years, government officials say. The opening date for the fourstorey concrete building, now scheduled for March 31, has been hit by escalating construction costs andReuter - 565 words
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Article, Illustration1217 1982-02-25 6 ANTHONY MORETON - By ANTHONY MORETON FT AMONG the shops on London's Oxford Street it has Just been possible in the last two weeks to find a couple of dresses made in South Korea. There was a little blueFT - 1,217 words
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Article763 1982-02-25 6 FLORA LEWIS - FORUM with FLORA LEWIS NYT OMINOUS but ambiguous rumbles about what the US might do to Cuba have become a current staple of foreign policy noises from Washington. They are hard to read. Does the administration have firm intentions? What are they? The more you digNYT - 763 words
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Page 6 Miscellaneous
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Miscellaneous642 1982-02-25 6 CRYPTIC PUZZLE ACBO6B 1 African part for actor Jon (5) Encouraged to go quietly (5) 9 Given no ear, since it already baa one (7) 10 A man to chaae? (5) 11 Money (or cheap scent po«tbly (5) 12 Old people (5) 13 As far as the eye can see642 words
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Miscellaneous746 1982-02-25 6 Music Through The Years OP ALL the Merest kteds af mute yea 11 bear toalght M Tkaniav KatmHmtmmmmt Special: A Gift Of Matte (eh S, lt.lt), a few at then nut have special meaalag tor yea since the mule spaas the Tweafles right ap to the Eighties. The late Natalie746 words
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Article, Illustration1258 1982-02-25 7 More and more foreign companies are set up in Japan. Some are wholly foreign-owned while others are joint ventures with Japanese partners. But the majority are small firms rather than giant corporations. Six case studies of foreign entrants in Japan illustrate the point. Focus Japan BRANDFocus Japan - 1,258 words
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Article545 1982-02-25 7 CASE 1 AOmiVA-NDtO ATOMS» EB LTD, a happy marriage of Danish technology and Japanese marketing ability, is a successful joint venture that commands an 80 per cent share in Japan's spray dryer market. The Japanese partner, Ashizawa Iron Works Co, is a medium-sized maker of a variety of545 words
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466 1982-02-25 7 CASE 4 > IN 1174, Klaefcner Nlppea Ltd evetved frsai the Tekye repreeentatlvo effiee that was taaagarated la IMS by Kleekaer I Ca, a leadfeg West Oerasaa trader af steel, maeMaery, eheasleals aad fsei. Nat aaly dU the aew eaaspaay with 1M per eart466 words
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Article599 1982-02-25 7 CASE 3 ASHISUTO EE, a fast growing pre-packaged computer software sales company handed by president Bill Tottsn, is reluctant to consider itself a foreign firm and with good reason. Except for the fact that Totten has been living in Japan for 12 years as an American citizen,599 words
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Article, Illustration531 1982-02-25 7 CASE 2 J SALOMON BPOBTB SALES CO, the wholly-owned Japanese subsidiary of France's Etablissement Francois Salomon et FUs established in February 1960, is in the midst of its second season of selling ski boots and ski accessories in the Japanese market. Underselling is the rule of the531 words
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Article, Illustration236 1982-02-25 7 casf; 6 -BAEB GETTERS JAPAN CO was founded in 1973 by Italy's Saes Getters SPA, the world's only specialised getter maker, which exports 95 per cent of its products to global markets while shipping the remaining 5 per cent to the Italian market. The annual236 words
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Article380 1982-02-25 7 CASE .5 i CRESTWOOD Isturistl—si bdastrflss Ltd, Canada's largest manufacturer of kitchen cabinets and a lumber export agent for small independent sawmills in British Columbia, took over its Japanese lumber import agent to set up its own representative office last April. The office was designed, after two years380 words
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Page 7 Advertisements
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Advertisement0 1982-02-25 7 /$\@}{`*~|}</.]%`./`}!{!!.\=`|?0 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article256 1982-02-25 8 FEB B m CORBEILLE Alr-Ljqulde 4K unch 88N OerrmU Dtnone 1401 -54 Car (ThomeonCrt). 236 -1U Clm PTmncalee de» Petroles 135 -ts Financiers Compagnle OeneraJe 407 JO +rj Credit Foncler De France 346 -3 Hachette (Ubralrte)- 415 unch B..II 34.10 -0J Mlchelln (B) 742 -S Pari ha* 300.40 *12256 words
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Article94 1982-02-25 8 w FEB 23 Fra FORWARD MARKET Acee 4 IS 4-10 Arbed 1324 48 Aitur 494 29 Braacan TO unch Bru-Lamb 1MB 40 Canpac 1IM 4-1. Cock 1H -s De Been as unch irn -m Electrobel 4710 86 Ob-Inno-Brn 254S •S Qe» iiso unch Hobok 3520 >220 Petro 4400 1594 words
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Article189 1982-02-25 8 A 111 Leben lSKoo Alia Vers «mu BAST 130.10 Bay H T Wbank 100.00 Bay Vbank 3J -0J -3 -U H*yrr BBC BMW CUHlii Chem Verw Commersbank Conu Oiuomi Daimler-Bens Oecuaaa 115 80 mao ***** 340 00 307JO 130.00 40J0 392.50 *****B -01 IJ •s unch -1.7 -0J -S189 words
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Article186 1982-02-25 8 FEB 33 Francs Action* Sul—n Alueulaae Br Alueulaae Ret Brown Bonn Br Clba Q«lfjr Br Clta Oetfj P C CI ha Qetg? Ret Credit Sulaae Br Credit Sulaae Rat Dektiontt Br. Oeorj* riacher Br Otobua Pe 236 sm 225 1000 iaw ■39 544 IMS 360 3340 466 300B -1186 words
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Article158 1982-02-25 8 nsa a FU ABN ***** -2 AttoM 83J0 QJ Akao 2L70 1J amev cioo -0.4 Am tea Amrobak 71 JO 4730 -I -03 BargoHZ 22.70 4-0l7 BoU SftJO -0i Borsumlj MM -Oft Burtuunn sun 03 Caland 9830 -0.1 Cahw Drift DaU Mlj ***** 74.60 -0.0 Bum 107 00 -03158 words
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Article92 1982-02-25 8 Centrmie Ord uao -05 Cond Acqu* Room ErlOuli aiis ino 3-25 -400 n»t oro 1100 •14 OeneraJi iimo 575 Olra 3130 30 If! Prte 3430 -30 Invest 3000 -00 Itilccmenll Ord rmo 100 "f torn -7 Liprut Ord >noo 300 Mediobanca ***** 130 M llano A« Ord ***** -MO92 words
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Article165 1982-02-25 8 FEB ZS CI AMUM Aican Alfoma Bank Moat Bank Not* Scotia Bell T»l BcUl Corp BP Can Ltd Cusp Rad Lake Can imp Bk ranpxCanpat In* P1 Carlln* OK**!* Com In co Con* BaLh Con* Martenor Oanko* Dcnlaon MS a Z 17* Z M 1»* 14 MS J3H 36165 words
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Article262 1982-02-25 8 FKB 23 Rand INDUSTRIALS A Alpha m Abercocn 400 -6 At And CI 936 -36 A MIC 2860 Birlowi no -16 Cf Sunx tm -6 CM A 736 Currw PinaxMt WO unch De Boen Ind CO con I 1375 25 y rtd votfc 1 sat -30 396 unch CferdUn262 words
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Page 8 Advertisements
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Advertisement214 1982-02-25 8 "The American Express Card serves you well, wherever good food is served" L- 1 j I )k AnniuenAanifSpecial The true Singapore flavour— only $8* Our popular Nonya Buffet Luncheon at a special price. 12 noon to 2.30 pm. mnn COFFEE HOUSE 2nd Floor V 2 price on lon Bar prices.214 words
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Advertisement75 1982-02-25 8 ts übertust rill For lunch. For dinner For a richly rewarding experience. i< For reservations call *****77 jw(s> <-iilmia I 'ni'k SlMiiili >11 Siii^iijHHf f NUTMEGS offers JAZZ BRUNCH onSundays 10.30 a.m.-3 p.m. $21 per person Please coll *****88 ext 663 for reservations HYATT RtG6NCVOSINGAPa?f 7b U if Km «4V75 words
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Advertisement204 1982-02-25 8 _<<&;(`'`{+.[}_+,),~$.{~.'[;=,$ FIX 1 CONTI\ENT,S R t SIM M Before vou fly away to foreign lands, check-in your hags then seek out the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superb international cuisine you've ever tasted. Lunch 12 noon 3 pm Dinner 7pm 11204 words
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Advertisement182 1982-02-25 8 When you dine, dine Cantonese. 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 evening to remember.182 words
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Advertisement213 1982-02-25 8 This i* Thai Seafood at its authentic best So fnth, it could have been alive IS minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our Kitchen Siamese Seafood Restaurant UUUI wrTn Oxley Risa/Ptnang Road. Singapore 0923 Tel *****1t213 words
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RAW MATERIALS
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Article171 1982-02-25 9 CHINESE Prifcti Exchange, per 1M kg yesterday. Cmmat «0: Bulk fob »00.00 sellers, old drum (in aecood hand drum) fob $112.00 sellers, new drum fob (116.00 sellers. Cspra: Mixed (loose) $50.00 buyers. Pepper: Muntok white pepper fob Asta NLW $377.50 sellers, Sarawak white pepper faq fob NLW <372.50171 words
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Article332 1982-02-25 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: lft) per cent first class (Kangaroo) new crop 1.20, 100 per cent second class 1.02, 100 per cent third class LOO, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.70, Special332 words
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Article112 1982-02-25 9 SOYBEAN futures in Chicago on Tuesday rallied to the plus side late on local shortcovering, in what traders called a technical reversal since the first two positions slumped to new contract lows and then closed on new day's highs. Prices settled up 1V« to five cents a bushel. Soybean112 words
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Article66 1982-02-25 9 THE Straits til price in Peaaag vesterday recovered 41 oeata to MU2.11 per klle, still within the ITA middle sector ef $32.•< and $34.98, dealers ssid. The lnflnentlal buyer Increased support and prevented London's weakness from Influencing sentiment. Dealers netod mere tight baying (rem Japan and lecally. Taraever66 words
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Article34 1982-02-25 9 Rubber: Feb 24 Singapore: March: 178.50 centa (down 0.50 cent) Malaysia: March: 201.50 centa (down 1.50 cents) Tin: M 532.91 per kilo (up 40 centa) Official offering: 277 tonnes (down It tonnes)34 words
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Article153 1982-02-25 9 CHICAGO corn futures on Tuesday held losses late and closed down 2V• to IV* cents a bushel in revived trade. Traders attributed the easier trend mainly to negative economic considerations. They said bullish enthusiasm over Tuesday's prime rate cuts was offset by lower stock and financial instrument markets and153 words
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Article213 1982-02-25 9 RUBBER prices in Singapore closed slightly easier yesterday, with March One RSS buyers quoted at 178.50 cents per kilo, down hall a cent from Tuesday's close. Morning prices were marked down slightly on lack of buying support and some selling pressure, dealers said. The afternoon session was quiet. In213 words
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Article311 1982-02-25 9 RAS price* In cents per kilo yesterday: (per kilo) QalUn (per kilo) Int. 1 R.S.S pwBU f.o.b. 170.00 Int. 1 R.S.S Mara 17*.00 Int. 1 R.SS April 100.00 Int. 2 R.S.S 117 00 UK/Ooat 104.00 Int. 1 RAS. 144.00 UK/COM in JO Int. 4 R.S.S 1SL00 UK/Coat. 130.00311 words
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Article105 1982-02-25 9 NOON SSR mi SMR priaaa yaal MAS Mar iClRHI My an 1 ah t Mth) Man April yacwaH MU) SSR tO <1-«M paM ***** IMMN [68 00 170.00N SSR SO (1-Ma pM 164.00 166-OON MUO 168.00N MRILB Mink April SMRCV (l-taa pafct) ikso 1MSON 1MJ0 186-40 N105 words
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Article1091 1982-02-25 9 THE New York market showed some strength in the final hour of trading on Tuesday, but still closed mixed on the day. It had been weak for most of the day and tried to stage a rally late in the session, perhaps aided by news that1,091 words
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Article746 1982-02-25 9 COFVEE: Robusta futures yesterday were steadier at midday, with prices between £1 and £9 per tonne up on Tuesday's close in actively traded positions. Dealers said the market was very quiet with no fresh outside news. They attributed the rise, which occurred in relatively thin volume, to a746 words
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Article123 1982-02-25 9 THE Malaysian crude palm oil market yesterday closed steady In dull trading on lack of interest, dealers said. March was the only traded month with the south region closing unchanged at M 5972.50 per tonne. Tne refined market remained featureless with sellers' indications barely changed. CXF. North European123 words
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Article161 1982-02-25 9 TRADING on the London International Petroleum Exchange (IPE) should regularly reach 2,000 contract* of 100 tonnes per day by the end of this year, IPE director John Lister said in London on Tuesday. He told a conference on commodities trading organised by the Institute for161 words
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Article199 1982-02-25 9 YARN and cotton prices were quoted as follows la Hongkong yesterday. (In HK dollars, spot ex-go-dowa) Cattaa yara: China Blue Phoenix Da 2,4»; 32s 3,175, «a 3.200 (per bale of 400 lba). fliii goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lain be unq; Flower and199 words
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501 1982-02-25 9 Reuter THE price of tin slumped on the London Metal Exchange on Tuesday, only days before dealers were due to deliver up to 20,000 tonnes of the metal to a mystery figure who had been buying up contracts for future delivery. Tin for immediateReuter - 501 words
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421 1982-02-25 9 TRADING in the Malaysian crude ptfap oil (CPO) physical market started off in January on a bullish note, consistent with the seasonal downtrend in CPO output. Interest, however, weakened towards the end of the month. According to the monthly bulletin of the Palm421 words
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Article156 1982-02-25 9 AFP A TREMENDOUS Increase In Imports of vegetable oik brought about bjr a (all in sunflower seed oil produc- tkn in Yugoslavia should enhance prospects tor more Malaysian palm oil exports to that country. According to the Palm Oil Registration and licensing 1 Authority (Forte),AFP - 156 words
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Page 9 Advertisements
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Advertisement28 1982-02-25 9 l» Ggsaisf restaurant Try our sumptuous delicacies from the Hunan Province. Renovated additional new car parte now ready for use OracfTOlnn 214 Dunearn Road. Singapore 1129 Tel: *****49,*****2228 words
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Advertisement63 1982-02-25 9 !KnodeJ' is the German culinary term for dumpling. Served in an infinite variety of ways. Savoury, delicate chicken, liver or semolina dumplings; hearty potato, bread or yeast dumplings... accompanied by traditional German meat dishes. From February 15 to 28, for lunch and dinner. For reservations, please call *****66 exL 134/144.63 words
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1341 1982-02-25 10 BID and offer prices officially listed and tualnf in and reparted to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1,000 uniu, unless otherwise specified. BECTION ONI INDUSTRIAL ft COMMERCIAL Am* (2.1,341 words
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Article142 1982-02-25 10 ■NGAra I M.—furi' The Commero :li a 1«0 1JI 1JT 1.J3 IK L« 105 1.10 La 1JI ■wr tar***) 119 IK 1 1 n fi S' u Mai Prof Fund hUl Security Fund MklBwteraPwd 1-5# I Sted i.e in 1.3) 1.<1 A S" i 1 i WCU urai142 words
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Article2836 1982-02-25 10 1M1/1MS Hlgfc Low Coapur Last Sale Gr"i DW Dhr CTT Gr»e YTd Net P/E Vol (•OOO) Day Higk Low SECTION ONE INDUSTRIAL COMMERCIAL 4M 11S 380 SIS 420 soo 4*70 532* 975 430 246 Acma 11S Alcorn 130 Allied Choc ISO BAT 306 Bata 75 Ben 3602,836 words
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Article1478 1982-02-25 10 BID and otter prices officially listed and business in and reported to the Kuala i-umpir Stock Exchange yesterday, with the number of shares traded shown in brackets In lots of 1,000 units, unless otherwise specified MDUVKULf Ifl I ill (MSB 1MB) (1) 170 Ataaa (IBB) (2) 1.331,478 words
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Article199 1982-02-25 10 HONGKONG Ha Uarted: Fifty-fourth AGM to be held at 7th Floor, Komplek Kewangan, Jalan Raja Chulan, Kuala Lumpur on Feb 25 at noon. AYES Malek Babber Campaay Berted: Sixty-sev-enth AGM to be held at No 22 (upper floor of No 30), Jalan Gelanggang, Malacca on Feb 26 at199 words
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Article483 1982-02-25 10 THE lMii9n sleek amrket taraed tall jratisisi •yAt Ike 111 ML nrieee ware steady at omalghl Maw apmii roomttj bhv vtlillls 6MB* Ike Toxtftas Pegl ui Malayslaa BeOa the baek «I Its aaof a tW»<MUna rights taae at tUI per ohere, lUM Matar Works reee Is483 words
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Article565 1982-02-25 10 SHARE prion closed mixed following a barely steady start on the Kuala Tinwpif Stock Exchange yesterday. Total turnover dwindling further in another round of largely dull and Ustieas trading. Activity was confined largely to a few speculative lower liners where margins were relatively wider. Elsewhere,565 words
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COMPANY NEWS
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567 1982-02-25 11 DID Hongkong Land go over the top in its determination to outbid the field for ownership of "Connaught II", the 1.33 hectare waterfront site in Hongkong's central business district? In one of the world's largest property deals, Hongkong Land paid HK$4.7B billion for the prime567 words
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Article214 1982-02-25 11 PARAMOUNT CarparattM has appointed four additional directors to iti board. They are Tuan Syed Adam Al-Ja'fri, Teo Chiang Long, Teo Chiang Kok and Teo Chiang Quan. Teo Chiang Long and Teo Chiang Quan have accordingly resigned as alternate directors to Teo Soo Chuan and Teo Soo Huat respectively.214 words
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Article998 1982-02-25 11 LOH YEE LIAM - By LOH YEE LIAM COLGATE-Palmolive (Malaysia) Sdn Bhd is one of the few remaining foreign-owned companies that has operated profitably in Malaysia without restructuring yet in line with the country's New Economic Policy. This conclusion is gleaned from public records furnished by the diversified consumer-based company. Company officials,998 words
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Article811 1982-02-25 11 LONDON, Tues. Share prices fell sharply on the overnight (alls on Wall Street and lower sterling. The Financial Times T fell 9J points to 559 at the close. Even reductions in some US prime rate* and better than expected 1981 results from Commercial Union and811 words
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ASIAN STOCKS
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Article135 1982-02-25 11 SHARE prices closed slightly higher yesterday in slow trading centred around cements and other popular stocks. The Book Club Index rose 0.28 points to 9126 on a turnover of 7.5 million baht. Siam Cement rose five baht to 155, Siam City Cement (our to 150 and Jalaprathan Cement 0.50135 words
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Article307 1982-02-25 11 HONGKONG STOCKS closed slightly higher yesterday in line with the recovery on Wall Street, brokers said. Market sentiment turned bullish on expectations of a neutral budget in Hongkong yesterday afternoon, and some speculative buying on a selective basis was noted. The Hang Seng Index closed U. 79 points307 words
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Article92 1982-02-25 11 THE stock market again closed lower yesterday, although turnover rose to 2.8 million pesos from 565,000 pesos on Tuesday. There were no gainers. rXB M 1 P«m AcoJ* Mining AtlCM A MB +***** Atl%f CM R VIM 41 Bafulo Oold Btocutt Coo. B D w Omtfirh 4014 a m92 words
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Article227 1982-02-25 11 SHARE prices weakened yesterday on accelerated selling of leading resource and industrial issues, dealers said. The All-Ordinaries Index fell through the 500 barrier. At the close, the key market indicator stood at «4, down 8.3 points on the day. m M Cnta INDUSTRIALS A O I227 words
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358 1982-02-25 11 SHARE prices yesterday extended the sharp fall on Tuesday, with sentiment overshadowed by uncertainty over US interest rates, the yen/dollar rate and the trade conflict with Western trading nations, dealers said. The market average shed 50.54 points to close at 7,664.02, led lower by358 words
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Article56 1982-02-25 11 FINANCIAL TIME8 INDUSTRIALS Tuesday 566 0 Monday V58 2 Week Ago »7.2 DOW JONES AVERAGE INDUSTRIALS Tuesday 812.98 Monday 811 28 Week Ago— 831.34 H.K.HANG SENG Wednesday 1287.12 Tuesday 1255 33 Week Ago 1233 48 AUSTRALIAN INDUSTRIALS Wednesday 840.7 Tuesday 844 6 Week Ago 849.6 ALL ORDINARIES Wednesday56 words
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Page 11 Advertisements
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Advertisement194 1982-02-25 11 THE DAIWA BANK, LIMITED SINGAPORE BRANCH U5515,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 28th February 1985 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from 25th February 1982 to 25th August 1982 the Certificates will carry a rate194 words
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Advertisement75 1982-02-25 11 BANQUE INDOSUEZ is pleased to announce the establishment of INDOSUEZ ASIA INVESTMENT SERVICES LIMITED 2601 Alexandra House, Hong Kong Telephone 5-*****6, Telex ***** ISA HX to provide expert advice and professional management of clients' investments worldwide, with emphasis on the Asia-Pacific capital markets N. T. THUONG Managing Director S. CHANG75 words
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Chief Price Changes
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Article151 1982-02-25 12 Rises Msian Km.II. 280 20 K L Industries 356 +18 M Resource* 244 +18 U M W S10 +12 O C B C 1130 >10 DBS 780 10 Rothmans lad* 735 10 M B F Hldgs 700 10 Nat Iron 580 +10 Keppel Ship 530 10 Times Pub 520151 words
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Article, Illustration158 1982-02-25 12 Rises Rahman Hyd 520 40 KLInd 406 30 U M W 575 30 Utd Plant 620 25 M Feed mills 314 14 M Resourres 268 +13 Ajinomoto 370 10 MA A 590 10 OCBC 1230 10 Falls H L Credit 650 -40 Pe tiling Tin 1150 -40 Kpg158 words
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COMPANY BRIEFS
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24 1982-02-25 12 has been changed from International Plaza to 1101 Singapore Rubber House 14 Collyer Quay, from Feb 16.24 words
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Article45 1982-02-25 12 will form a Joint-venture company with Crest Engineering Inc of US, called Sime Crest Sdnßhd. The joint-venture agreement will be signed at the Kuala Lumpur Hilton tomorrow by Sime's joint chief group executive, Tunku Datuk Ahmad Yahaya and Crest's president Mr Arnol Sellars.45 words
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Article101 1982-02-25 12 will make a one-for-ten free share distribution on April 1. The new shares will be allotted to shareholders on the company's register as of March 31. As a result of the scrip issue, the conversion price of 4 per cent DM convertible bearer bonds of 1979101 words
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Article371 1982-02-25 12 CHOO AI LENG - wmm Companies Editor: Mano Sabnani By CHOO AI LENG AS EXPECTED, Paramount Corporation has achieved a 39 per cent growth in group pre-tax profits to M|7.17 million for the year ended Dec 31, 1961, thanks to increased contribution from its property division and higher interest371 words
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Article464 1982-02-25 12 PAPER Products (Malaya) Bhd yesterday disclosed that it has decided to sell its 51.5 per cent interest in United Pulp and Paper Company (UPP), which is listed in Singapore, for not less than (1.73 per share. It expects to make a profit of not less464 words
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348 1982-02-25 12 Goodyield Plaza Sdn Bhd, a Malaysian group headed by prominent politician/ businessman Encik Ghafar bin Baba, is moving into the field of high technology engineering. The company signed a joint venture agreement with Allgemeine Baugesellschaft-A Porr Aktiengesellschaft (Porr) in Kuala Lumpur on Wednesday to set348 words
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Article147 1982-02-25 12 TEXTILE Corporation of Malaya has revamped its board of directors, following the resignations of its chairman, Tan Sri WK Tsao and directors Sei Noda, Hachiro Minese, Lee Nai Cheng, and Noriyoshi Kamikubo. The company has informed the Stock Exchange of Singapore that it has appointed seven new147 words
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301 1982-02-25 12 KOH TSE YING - KOH TSE YING PERLIS Plantations BM (PPB) will ast proceed With Its pwpwMl acq aid tlea of Tal Yaa Realty Sda I Bbd alter all. This Is becaase the Malaysian Capital Isaacs Committee has revised the terms agreed apaa between the two301 words
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Article, Illustration625 1982-02-25 12 mm* mm*** by HOCK LOCK SIEW HIND Hotels International's public share offer of 20 million shares, closing on Saturday, has so far received a lukewarm response. This is hardly surprising as the offer comes at a time when the local stock market is not performing too well.by HOCK LOCK SIEW - 625 words
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LATEST
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Article50 1982-02-25 12 ■—Meed pre-tax preAt ef £i«j| -*11,, (agalaat £iu* rillM pnliMijj m graap taraerer ef rilMn /mi m mill»#-) hrtkerii DMrty f gL M I*l. The »fnay aUi aeeead mrtif pwflte «we a nhataatfcU Impnvemeat Improvement*tbTku haea naibteb-' «4 la the third «urter. have raeawataM aa la-50 words
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28 1982-02-25 12 Hytei Lti, havtat aearin2^SSulMdLm! SSSSfiLTE laaaad *are capital ef »U| Hm. The share* have heea wghiuui h the aaaw el Otlearp lateraatteeuTatoza. pere) LM.28 words
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Page 12 Advertisements
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Advertisement246 1982-02-25 12 1 Dining at Raffles Enjoyable, unobtrusive, romantic For business or for pleasure PALM COURT Dine by candlelight in a charming garden setting ELIZABETHAN GRILL Fresh SEAFOOD specialities Succulent ROASTS from the SILVERWAGON Luncheon buffet on: SUNDAYS: TIFFIN CURRY THURSDAYS: RIJS7TAFEL Let's meet at Baffles! Please call us. Tel: *****41. UNIQUE246 words
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Advertisement81 1982-02-25 12 L Daihatsu's new, wide delivery van. Big loading capacity with a low floor for convenient loading and unloading. No side windows so that valuable cargo can be hidden from sight and from sunlight. f Economical 550 cc. The powerful, quiet engine provides low fuel consumption. Light steering, easy operation... and81 words
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Page 12 Miscellaneous
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Miscellaneous64 1982-02-25 12 OUTLOOK for Singapore today: Generally fair. Fair in the morning and early afternoon. Showers expected in several areas around mid-afternoon. »t kmn pri#r u 7JI pm H Feb 24 Maximum temperature qo q Associated humidity 62 Minimum temperature 24 c Associated humidity Hours of sunshine c Rainfall in millimetres c64 words
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SHIPPING TIMES
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173 1982-02-25 13 AFP ALL INDONESIAN shipping companies engaged in foreign trade have to lower freight rates for non-oil exports with immediate effect. The rates to be charged by Indonesian companies (including Jakarta Lloyd, Gesuri Lloyd and Trikora Lloyd) will be brought to the same level as thoseAFP - 173 words
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Article, Illustration497 1982-02-25 13 JUNE LIM - By JUNE LIM NORWEGIAN shipping company, Leif Hoegh, has shelved its plans to increase the frequency of sailings on its express service from South-east Asia to the US east coast. In early December, the company indicated its intention to improve its sailings497 words
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PORTSIDES
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Article56 1982-02-25 13 Reuter THE SYDNEY Terminal of the Grain Handling Authority of New South Wales has resumed normal operations. The terminal had been strikebound since last week after some workers walked out in support of a pay claim. The authority's Newcastle Terminal was also affected by the dispute butReuter - 56 words
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Article68 1982-02-25 13 Reuter THE EIGHT shipping line members of the Japan and Hongkong/South Africa Shipping Conference said they will reduce the currency adjustment factor (CAF) to 10.5 per cent from 15 per cent from Feb 25. The four shipping line members of the Far East/East Africa Freight Conference said theReuter - 68 words
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Article79 1982-02-25 13 AFP THE FRENCH merchant marine could be crippled soon by a strike if the work week of merchant seamen is not cut to 39 hours a week. The seamen's unions are insisting that the effect of the government's new 39-hour work-week ordinance means that merchant seamen should £tAFP - 79 words
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Article65 1982-02-25 13 CHINA has built a multi-purpose cargo container vessel for West Germany for the first time. The New China News Agency said the 147.5 metrelong vessel, launched at the Shanghai Shipyard, is guided by satellite navigation equipment and has a remote-control engine room. The 12,300-ton vessel was65 words
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Article711 1982-02-25 13 SMppteg llae Cat Achipelego Stapg vm l AIM vra i Afro-EuruU VI 3 All trans vn 4 Alpac VI s Angonave V 3 ANL I 1 APC Line DC 3 APL in 4/5 Argentine ASCL IV m 4 I Asia Merchant AustasU Uae VI V 4 I711 words
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Article1077 1982-02-25 14 Algiers End Jan. Berthing delays of 5-10 days. Oran Jan 26, 2-3 days Annaba/SUlcda End Jan. Delays of 3-4 days. ANGOLA Lobito Jan 25, 4 days delays. Luanda Jan 25, about 75 days delays (dependent upon cargo priority). ARGENTINA Buenos Aires End Jan. 2 ocean-going vessels loading and1,077 words
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214 1982-02-25 14 THERE is a pronounced trend by the major Japanese shipping companies to open up, or develop further liner routes for Third Country traffic. Behind such moves, says the Japan Economic Journal, are changes in the structure of international trade resulting from the growing export214 words
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Article1595 1982-02-25 14 CHARTERING was fairly quiet In all sectors of the freight market on Tuesday with rates generally showing little change. Grain cargoes from the US Gulf to Holland received the slightly dearer level of US$B.25 for cargoes of around 50,000 to 60,000 tons, while *16 was agreed from the1,595 words
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663 1982-02-25 14 Business Day A PHILIPPINE Shippers' Council (Shippercon) under the private sector is not viable under present conditions, and the trend in various countries is towards greater government involvement in shippers' affairs, said the executive director of Shippercon, Alfonso Villa verde. Villaverde's comments cameBusiness Day - 663 words
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403 1982-02-25 14 THERE IS a growing need for cooperation between forwarder and tariff specialists in multimodal transport. According to Dr Robert Wassibsuer, a leading Austrian freight forwarder, there should be no forwarder without a tariff specialist. "Tariffs, according to the meaning of this Arab word, are403 words
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Article389 1982-02-25 15 UPI OIL OVERFLOWING from a sounding pipe hit a generator's exhaust manifold during the refueling of the freighter Protector Alpha and sparked a fatal fire, a US Federal inquiry board was told. Chief engineer Ramon Bur la, in charge of the fueling operations, said theUPI - 389 words
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249 1982-02-25 15 AFP A MISSION from Antwerp will be visiting Hongkong in April in a bid to boost the colony's cargo shipments to the Belgian port. Discussions will be held with Hongkong's exporters during the mission's visit, which will be from April 1-4. According toAFP - 249 words
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180 1982-02-25 15 THE first of three ships bought by the governmentbacked United Thai Shipping Corporation (Unithai) from a British company has arrived in Bangkok. Unithai bought the three second-hand vessels, worth a total of about 220 million baht, from the Peninsular and Oriental Company. All the ships are180 words
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534 1982-02-25 15 Lloyd's List A MAJOR step forward in navigational safety in the crowded Gulf of Suez where heavy traffic combines with oil exploration to form one of the world's chief areas of concern has been taken by the Egyptian government and theLloyd's List - 534 words
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177 1982-02-25 15 MOVES are underway in France to establish a large independent shipbuilding group made up of three of the country's leading shipbuilders. Talks are currently at an advanced stage between the northern yard of Chantiers de France-Dunkerque and the two large southern yards of Chan177 words
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5802 1982-02-25 20 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 Port of5,802 words
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Article583 1982-02-25 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship HK Express Kii Maru Ever Handsome P. Jefferson Family Ace Unicon Maersk Mango Asian Pallas Takarl II Ratana Bhum African Express Prase tla Act 2 Cornelia Maersk Oriental Charger Macol Ace Thana Bhum Jenhol Navalis Maersk Rando583 words
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Article1665 1982-02-25 21 The leading shipping lines operating from local ports and their agents. A B AeMpatoga Hhpg Singapore Shpg Agencies (S) Euro-Asia Line (PN KL PK) AdrtaDe Container Continental Fmkn (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies <S)/ Euro-Asia Line (PK/PN) Um Transgroup Pie Ltd (S) A 11,665 words
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Article, Illustration750 1982-02-25 22 THE CAST Shipping group is to sell 50 per cent of its North Atlantic container business in order to raise enough money to save the group's newbuilding programme. The group is hoping that the sale will realise in excess of US$lOO750 words
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399 1982-02-25 22 THE Thai government has set late 1967 as the target date for the completion of the first phase of work on the containerised port at Laem Chabang, said Communications Minister Admiral Amorn Sirikaya. The budget for the first phase of the project has399 words
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Article, Illustration322 1982-02-25 22 A HEAVY duty North Sea-type jackup rig, Neddrill 4, passed through the Straits of Singapore recently enroute to Amsterdam. The rig is owned by Neddrill (Nederland) BV, a subsidiary of the Royal Nedlloyd group of the Netherlands. Built by Hitachi Zosen Yard in Osaka, Japan,322 words
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Article, Illustration425 1982-02-25 22 ARRIVALS KEPPEL WHARVES Bunga Tanjong (0600 after Noto Maru) 33/34 General Zhdanov (reberths after Jong Won) 15/16 Jenson (0700) 22 Lumut (1100) 21 East Sagafjord (pasenger) (0800 after Turkmeniya) 3/4 Siena (1600 after Frotabeira) 31/32 Tat Lee (0700) 29 Tutong (0600) 23 Wah Fai (1700) 46 CONTAINER425 words
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Article188 1982-02-25 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. Australia/Straits Container Line.188 words
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Page 13 Advertisements
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Advertisement272 1982-02-25 13 HEUNG-A SHIPPING y pSm KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Kdang/Kedun{/6usan/lnchon Fm: Busan/H.Konf/Bangkofc Td S pore: *****11 P.K. *****4, PN *****5 K.L. *****0 .1 R1) 1\ 1 i \n Orient Overseas CottlcuMeA Line^ > FULLY COfCTAfCOSO SERVICE TO ia 26/2 1600 HRS FULLY CONTAMERBED SERVICE FROM EUROPE (VU272 words
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Advertisement210 1982-02-25 13 OSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) FULLY CONTAINERISED SERVICE DEPARTURES TO USA, CANADA AND CARIBBEAN MRU) UON 091/MNOVATOR 117 WMLO UON Ott/DMlGrei 020 NORLD TKD 099/IMATOR 026 WOLD TKER 099/MMKR 017 Mar NORU) UON 099/ FREEDOM Oil Mar NORU) UON 099/MTROT 024 Mar DEPARTURES TO ASIAN PORTS Mar 22210 words
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Advertisement23 1982-02-25 13 LONDON Freights n/m POET CiaiWui.....—n/X SHIPPING Schedile vm/IX CONTAINER Schedules IX WHO Aete for Wh#m EX SHIPS la Pert X REGIONAL Weather X23 words
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Advertisement614 1982-02-25 13 4>cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents. MHMCiftC TIMSI TMMM A6ENCY PTt LTI Tel: *****4 (5 lines) SINGAPORE G3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.B- PACIFIC. GULF. ATLANTIC, EAST CANADA. ASIAN PORTS t KeUnf I Ptntm MAERSK MANGO bM MAERSK614 words
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Page 14 Advertisements
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Advertisement652 1982-02-25 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 12/3 JUTUMM 19/3 B.POMN 26/3 KOMKAM 2/4 NMON 9/4 SOANM SaM SjM SaM SaM Sated SaM 24/2 28/2 5/3 7/3 12/3 14/3652 words
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Advertisement262 1982-02-25 14 SUPERCARRIER SERVICE FROM: U8 GULF US ATLANTIC EAST CANADA leaaiaLmrripgi Nai I Wurti WW faM kM bM 1/3 2/3 VI I/) 14/3 4/3 14/1 IVJ »/J 24/3 25/3 V 4 *7/4 *4/4 7/4 -7/4 7/1 4/4 7/4 7/4 7/4 *1/4 17/4 11/4 H/4 *H/4 -a/4 */3 11/4 fl/4 *22/4 2V4262 words
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Page 15 Advertisements
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Advertisement586 1982-02-25 15 OThe Straits Steamship Group Overseas mm m Containers Limited STRAIT? SHIPPING C. Singapore to Sabah, Sarawak, MbUV Brunei Porta and Bangkok ConUiwiihfc Sanfca To/From Bangkok UI4R vrm not 2-Ito MM HI to 121) I Ben Ocean A joint sarvica of Ban Line, Blue Funnel, Glen Una and NSMO To UK/Cantmnt586 words
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Advertisement500 1982-02-25 15 M fig Franco Belgian Services mt h v>• i > /<, .t t'f bfa ih> ID* 7 M» II Mb 11 MB UN* It Mb Itlhr a Mb BR UNmt* KWi UHnm I'M* 17 Ma ltlk> 22 Mb 21 Mb aMb II XMb BMb BMb »Mb l*r C aMb MM*500 words
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Page 16 Advertisements
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Advertisement598 1982-02-25 16 4frHapag-Lk>yd to CONTH®NI UK EXPORTS IJ/J 13/J ■l«..ii!M yipimuvH 5-f^ e en Genoa H burg B haven Rdam Antwerp teuw 2 V 3 28/3 5/4 1 30/3 7/3 ItoUpms 12/3 30/; Express *15/3 30/: K/3 AMer Excess 15/3 i/' TZO7 2£ 22/3 *««Ei*ms 2/4 20/4 ljrp 2t/3 30/3 IM Express598 words
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Advertisement358 1982-02-25 16 IE aMI KOREA SHIPPING CORPORATION STORE P. Kelang PENANG ALTAJR 173W 16-18 Mar 19-21 Mar 22-24 Mar FROM BUSAN BANGKOK ALTAR 174E 16-18 Mar 19-21 Mar 22-24 Mar TO BUSAN VEGA 171W 3-5 Apr 6-8 Apr 9-11 Apr FROM BUSAN BANGKOK VEGA 172E 3-5 Apr 6-8 Apr 9-11 Apr TO358 words
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Advertisement546 1982-02-25 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEFTBK Fa ft ia CRR6O FOfc MM in y_ i, ltowt SJ?, Xi »/J n/i 21/1 a/i i7/i iZ^ 1 .J* 14/1 /J M/l V« J/4 r-Si v« 1/4 11/4 12/4 14/4 14/4 14/4 11/4 /4 ALSO ACCETTMG Ld/FCI ft FO./FCI TO: S T546 words
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Advertisement818 1982-02-25 16 Everett Lines/ >mik Burm St»r Shipping Corpn JHk "BURMESE NATIONAL LINE" LOADING FOR RANGOON Hmwr—• h ,l < sr"™ st 1 I I ITWIH 11/14_ TEL NC* KL S 4 C 9^4 *****1/8 ONLY PENANG Cmmpmmm A/ftp tint 0# Hevwoe* If*tfc»m»fttfvt4 S A C.I f. wm "ARGENTINE NATIONAL LINE" LOAMNG818 words
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Advertisement281 1982-02-25 16 mo.S.E OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE TMSHO mn mamlla sun in WTAfi WtU (MStSSMNT TMMTOMO MMtU KKMMLUOIM MUNCH SMKOU MMU 27-21/2 h Part 2t-l/3 2-1/3 a-l/J 23/3 Ml/3 11-12/3 14-15/3 16-17/3 14-11/3 14-15/3 IH7/3 21-22/3 23-24/3 SUN UNION LINE pjceunc ram umprk Wtm Km 21/3 22/3281 words
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Page 17 Advertisements
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Advertisement603 1982-02-25 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL KOTA BAH ABA T KOTA BAHABAT KOTA SAHABAT KOTA SAHABAT KOTA SAHABAT STORE I COLOMBO I HODEIDAH I JEDDAH I AQABA I COLOMBO 1-2/3 4-5/4 5-10/5 13-14/6 iLSIJ •-10/3 12-13/3 15-16/3 12-13/4 15-16/4 16-16/4 17-16/5 20-21/5603 words
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Advertisement225 1982-02-25 17 SANKO ASIA LINE.'W=. FROM JAPANESE PORTS AND HONGKONG TIMMSTM NO.2MDU 4 KMNBALU SOU.OH 5. AKIMAMJ SHUT* MM < glow snn Port KaUag 25/27 Fab 2/4 Mar 5/6 Mar «/»Mv 9/18 Mar MM 12/14 Mar 15/11 Mar 11/17 Mar 14/15 Ihr 12/13 Ma 14/11 Ihr 17/11 Mar 14/H»» 17/11 Mar ?:L£TP225 words
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Advertisement710 1982-02-25 17 rrc» BEN LINE CONTAINERS ■M EXPRESS COHIHU SERVICE TO/FROM EUROPE KMG BHAKN TOAM HAVK SOTON out* ain IV) 15/3 M/ 3 21/3 IS/3 a/3 v« v« "fni *"BtmtahNrp France MUK m nn n/3 23/3 11/3 */J M/ 3 22/3 .V*. 4/4 V 4 7/4 31/3 14/4 12/4 13/4 15/4 1/4710 words
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Advertisement385 1982-02-25 17 tfi Scan Dutch V to xpr e ss container TO g gRV|CP rjST* f£M J?? ttm ]>ITM|4)C'Mi two u/i B/J wj a/j 5 r w s/ jo/3 t/ < MOM VI 11/1 5/4 0/4 1/4 f k s lit 7/4 11/4 11/4 15/4 14/4 19/4 M/ 4 a/4 71/4 20/4385 words
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Advertisement509 1982-02-25 17 »gc '<1 V kl n jjj f BOUSTEAD SHIPPING AGENCIES BANK LINE »a.3 t n.it-ar/i-nni fiK'.ji FORTH6ANK CORABANK fVYBANK SK)tE R'DAM HULL HMBG 24Mor 19 Apr 22 Apr 27 Apr S Apr 19 Moy 22 Moy 27 Moy 28 May 23 Jun 26 Jun 1 Jul Lyke»/» Lines U-S. GULF509 words
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Page 18 Advertisements
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Advertisement642 1982-02-25 18 I WK'line EXPRESS CONTAINER SERVICES TO NORTH AMERICA nnawssas* pk C/ 3 7/3 >«3 12/3 U/3 Nat KMpbUi tor Bade* St bto, I JAPAN-STRAITS-JAPAN 1 Pw *< Spore Tokyo N ttWIL B«AU> W SMSU SM hPt 1/3 **52J CSJE?J? 4/1 l/J 7/s u/3 i! JBBSI» J/J 18/J 12/J 13/3 27/3642 words
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Advertisement523 1982-02-25 18 CIIFMMA/MCtfC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE IM*| Mr LOS wans jim fuwccco. s»tru iwow. VWCOWO. I c *t£wtpi Fa/fa Umi ™~*AIISTRALIA EXPRESS CONTAINER SERVICE Accq** Fa/fa Man PUant Spor« Metb Met Sy4 Alu accapts m.mamr ?»u. 3 iter 15*, l7Hat 2]Mk Fr(a ■wmnmr xm* n*. 3* SApr hap. Frt-/am523 words
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Advertisement362 1982-02-25 18 ft JOHORE SHIPPING Pn 153 tengku badar port kelang SELANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Express Umttoad Service from P Wang East Malaysia Brunei (Accepting cargo tor psMetajt* ttt IPK Gdn No 3 (So*to Port) i BINTULU Uyi CONTRACTORS SDN. BERHAD 37. tea 4 bd*. Inri. lit 577W/70SK M *****362 words
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Advertisement595 1982-02-25 18 KORINS MARITIME SERVICES Iff Room 601. !CB Buildmg Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES mniMr yn ■> J. s f Ketan C F«r: BNYANG MO. 13— bi Port Dubai kin HAEBOO MO. 2 10 Ma, AMianlia/Pt Sa.o "ONSBON 10 Mar EZTzHZg saw#.595 words
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Advertisement402 1982-02-25 18 inureday, February 25,1182 INTRASEA (PTE) LTD s.i.-. BREAKBULK SERVICE TO EUROPE/UK *>« <*< LH*|i ar. kNrt uw mmammmm <awn) FULL CONTAINER SERVICE TO EUROPE/I'X 30 Mar MfcA/UnsMi/irMftts/ Hawhrg/Mtwiw/nbery rnn M BM/Trto^/UMk/TartM/ A. FDGJTY MB 123. Alt* acc«ptin| Phi will/ft UMid pn ALPAC UNES^"" 0 S pore P Keunf Laa** Mr402 words
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Page 19 Advertisements
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Advertisement665 1982-02-25 19 TO EUROPE/UK (VIA SUEZ): C PAUL 30*+... C *02 2SW SS BUDGE 35W. 0 CHEF 2SN K CHANCE 7W TW HOKE 10W.. Also accepting cargo to/from Scandinavia C PAUL S pore Closing Times: FCL Cargo 0400 27/2 i pi ri cnn oc n LCL Cargo 1600 26/2 FROM EUROPE (VIA665 words
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Advertisement504 1982-02-25 19 MALDIVE LINES ETA ET* HA SWtf KUANTAN POAT KELANG MALDIVE GRACE 1/3 Loading For Jeddah MALDIVE CREST IN PORT loading For Hodeidah MALDWE CARRO 26/2 Loading For Male MALDIVE NEIGHBOUR 18/3 Loading For Jeddab MALDIVE MTORTIR 5/3 Loading For Male MALDIVE PRIZE 6/3 Loading For Jeddah MALDIVE PIONEER 10/3 Loading504 words
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Advertisement961 1982-02-25 19 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SUSOV BURWNG 55, Market Street Singapore 0104 Telephone Number) *****3 (15 Lines) Cable Address SMSOV SMGAPORE Telex Numbers RS ***** RS ***** RS ***** t KELANC KMHC M/S SHARMAT NAM SOON SON. M> IST ANO 2ND FLOOR ICSSRS Ml NO 1. JALAN CEMPENWG961 words
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Page 20 Advertisements
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Advertisement468 1982-02-25 20 (»roup SINGAPORE SHIPPING AGENCIES PTE. LTD. Vili. Ti•,l SINGAPORE 0.0« 'UE* Vc' S GENERAI *****1 i 22 LINES) RS .'SSbW A d CARSHIPaCABLE CARGOSHiP l.oiit.'iiiicr Lines 2 SAlt INGS A WEEK to/from BANGKOK Wl *MT MM MM IK/1 ID THANA9MM 955/9CN SB BMW SB/MM •Ml*** MM US/12* MM MS/07* 545/55*468 words
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Page 21 Advertisements
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Advertisement149 1982-02-25 21 r aAg EGYPTIAN INTFBNATIONAI I IMF Fll INTERNATIONAL LINE (Ell i EGYPTIAN FLAG ■UI WTJJ torn l« tail! SERVICE FROM EGYPT I to* to MM* H sMIPPim, PTF TD i«i (Id S y«ff U4Ol 1 RS .".or l»l Kt{s "ISM. 1 H H M Srtn Bhrt »i JJhO.' P< f»i149 words
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Advertisement293 1982-02-25 21 AFRO-EURASIA LINE S.A. (INC. IN SWITZERLAND) FAR EAST M*AN OCEAN SERVICES Accepting FCL LCL Contomers S port C«omte ftomoj, brack TUt riOW* V». 3M» 9 Ma. 13 Me 17 Ibr 3*r Apr 13 Apr 17% Agents: TRANSGROUP PR'VATE LIMITED FOR BOOKINGS TEL: *****11, *****21 P.T. INDONESIAN ORIENTAL LINES JAKARTA ~nr~:293 words
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Advertisement77 1982-02-25 21 ETfl LINES DUBAI iti". KTKO MM) StM IMFLOCI MINI)_ (Hi tM> Mri WODW wsa LESS THAU 5 YIAtS OU) DBECT TRMST TM GENEML AGENTS: MONMLE MMffIME I ENTBPRBES (S) PTE LTD (M 3-JK Itah Pin, BMC* Rud. SWt 071S T«t »»1£ (3 U») OHd T* JSnSI PORT KELANG AGENTS: .HIA77 words
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Page 22 Advertisements
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Advertisement238 1982-02-25 22 NOTICES "CHIDAMBARAM" VOY: 1« > PA A. (Mm N«JA be held on Monday Ist March, 13K. from 9.00 a.m. to 5.00 p.m. No further survey will be held after this date. k. jumaShoy A i (PTE) LTD. N:- flttl! Daag SUE UNB M.V. KAENARY VOY.S arTirerf H/l/W AT PSA (Mm238 words
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Page 22 Miscellaneous
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Miscellaneous151 1982-02-25 22 t Regional Weather m <? i m V > v r > 2,7 >W B Si It. 3! V I ob 3 gS&lsgß LU£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.90 A.M. THIS MORNING LEGEND: R Thunderstorm Temperature °C A V Shower Weather s-Y Wind direction with speed in knots151 words
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