The Business Times, 8 September 1981

Microfilm: NL11254
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, SEPTEMBER 8, 1981 60 CENTS
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  • Article
    SES EXTENDS DEADLINE
    610 1  -  By SIOW LI SEN THE STOCK Exehuge of Singapore has given broking firms extra time until 4pm this Friday to clear all outstanding psslttons m cm tracts transacted ip to Aug SI. However, the "respite" has incurred the Ire nad exasperation of seme brokers and Investors alike,
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  • Article
    Engineering parts export totalled only US$200m
    433 1 ASEAN's export of engineering parts and components to the European Economic Commission last year totalled only US$2OO million. This represented just over one per cent of EEC's total imports of such products, said Mr Chan Chee Seng, parliamentary secretary (Ministry of Trade and Industry).
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  • Article
    Asean seeks EEC funds
    464 1  -  By WANG LOOK KEAH ASEAN will meet the European Economic Community in Manila next month to seek financing for their trade development programmes. But it is believed that the EEC will be "tighter" with their funds this year, imposing higher demands on Asean countries. A source
    464 words
  • Article
    Jurong Port expansion
    313 1 A BRITISH engineering consultant firm. Sir Bruce White, Wolfe Barry and Partners, is expected to submit a final report to the Government by the year-end on whether Singapore's main dry bulk cargo facility at Jurong Port needs to be expanded to meet future demand. The study was
    313 words
  • BRIEFLY...
    • Article
      Lock icon No borrowers
      71 1 Reuter MANILA, Mon. The Central Bank of the Philippines said today it cannot find domestic borrowers for about US$5OO million of its loanable funds because of high international interest rates. The money is the unused balance of its Consolidated Foreign Borrowing Programme (CFBP) fund. The fund has reached
      Reuter  -  71 words
    • Article
      Lock icon Dutch submarines
      65 1 AP ROTTERDAM, Mon. A Dutch shipbuilding company has signed a contract to build two submarines for the Taiwan Navy, thought to be the first major European arms sale to Taiwan. The total value of the deal could reach US$39O. The Dutch government's decision last December to grant an
      AP  -  65 words
    • Article
      Lock icon Complaint to ILO
      62 1 UPI GENEVA, Mon. The International Labour Organisation said today that it had received a complaint charging that the US government's treatment of striking air traffic controllers violates basic trade union rights. An ELO spokesman confirmed the arrival of the International Confederation of Free Trade Unions' 16point "Bill
      UPI  -  62 words
    • Article
      Lock icon Investment down
      59 1 Reuter CANBERRA, Mon. The pace of investment in Australia's resources boom has slowed slightly from its earlier headlong rush. Official figures show that investment in mining and manufacturing projects totals AJ35.5 billion now. Although this is higher than the January estimate of $33.4 billion, the rate of growth
      Reuter  -  59 words
    • Article
      Lock icon Killings continue
      67 1 AP BEIRUT, Mon. Fifty leftist opponents of the Iranian government were executed over the weekend as anti-government assassins gunned down three mullahs and a local official in the unabating confrontation between Leftists and Iran's fundamentalist regime. Meanwhile, Ayatollah Khomeiny paid tribute to the last two victims of assassinations.
      AP  -  67 words
    • Article
      Lock icon Egypt tightens rules
      59 1 Reuter CAIRO, Mon. The Egyptian government today tightened its supervision over Muslim preachers and was preparing new guidelines to keep politics out of religion. In the wake of last week's wave of arrests, the Ministry of Wakfs (religious endowments) said that in future only approved preachers would
      Reuter  -  59 words
    • Article
      Lock icon Journalist attacked
      63 1 UPI JAKARTA, Mon. Two unidentified people stabbed and seriously injured a north Sumatra journalist just two days after another was killed in an acid attack in Medan. Mr Azmi Thalib, 30, a reporter from the domestic KNI news agency was stabbed 23 times on Thursday while he was
      UPI  -  63 words
    • Article
      Carter urges summit
      32 1 TOKYO, Mon. Former President Jimmy Carter, fresh from a trip to China, urged Japanese Prime Minister Zenko Suzuki to hold summit talks with Chinese leaders as soon as possible.
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  • Article
    ECICS appoints Credit Insurance Association as broker
    297 1  -  By LEE YOKE MENG SINGAPORE is gradually establishing itself as a leading export credit insurance centre in the world, and catching up fast with London where third country financing is concerned. Young though it may be, the Export Credit Insurance Corporation of Singapore
    297 words
  • Article
    Qantas steps up discount war
    787 1  -  By FLORENCE CHONG QANTAS has intensified an airfare discount war on the Kangaroo Route with a Ass-a-night plus sightseeing deal in Singapore. The move is expected to be a bonanza to Singapore's tourist industry. Qantas announced the package during the weekend to counter an earlier
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      233 1 PDT:V ;n viii ;i! Times Bookshops PERMODALAN National Berhad has gained effective control of Guthrie Corporation Page 14 MORE than $300,000 will be spent on converting the arrival hall at Paya Lebar Airport into part of the exhibition area for the Asian Aerospace '81 show Page 2 FROG-SHAPED dustbins, plastic
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      Page 1 Advertisements Column 2
      61 1 FRATA FRATA NEWS WE ARE PLEASED TO HAVE BEEN APPOINTED AGENTS FOR UNITED TANKCONTAINERS INC New York and UNITED TANKCONTAINERS (EUROPE) LTD Upminster, England LIQUID CARGOES WE PROVIDE *****L/*****K 1.5.0. TANK CONTAINERS To From USA EUROPE FOR RATES BOOKING CALL JUDY TEO D. ERASER FRATA SHIPPING PTE. LTD. Suite 801,8
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      3 1 Leader page 8
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      3 1 Leader page 8
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      280 1 RAKI CORPORATION Manufacturer# Exporter* Processor Merchant Grinder Packer# Wholesaler Stockist Widest ranoe of Oriental and Occidental Ground/ Whole/Rubbed Condiments. Herbs. Roots. Pulses and Seeds I Grinding data available) Aafc! Cwpwiow S<ng*por« H«ad Ottic* Suit* 19-20 Nun#* Building 9 Malacca Str*«t S pore 0104 T») *****4 1 *****4 Factory Mar»,i.ng Industrial
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Asian Aerospace gets more space
      389 2 MORE than $300,000 will be spent on converting the arrival hall at Paya Lebar Airport into part of the exhibition area for the forthcoming Asian Aerospace '81 show. A consultant from the official construction contractor of pavilions at the biennial Farnborough Airshow arrived recently from
      389 words
    • Article
      SBS spends $1m to clean up exhausts
      266 2 SINGAPORE Bus Service has spent $1 million in its campaign against smoky exhaust from its buses. The funds cover purchases of equipment which include two engine dynamometers worth $250,000, a fuel pump test bench costing $60,000, and some special tools and spare parts.
      266 words
    • Article
      TRADE TALK
      189 2 THE Singapore National Employers Federation and Success Motivation Institute are organising a seminar on "Dynamics of motivational management" on Sep 18 at Equatorial Hotel. The seminar will introduce procedures for instituting a comprehensive goals programme for companies. It is designed to involve staff members in achieving company goals
      189 words
    • Article
      PEOPLE IN BUSINESS
      57 2 TMB Sdn Bhd has appointed Mr Heary G#li as sales and marketing director responsible for all Caterpillar machine sales and area and branch offices. Mr Goh, who is concurrently managing director of Tractors Singapore Ltd, was also appointed a member of the board of directors of Tractors
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    • Article
      MEMO PAD
      431 2 SKMINAB3 AND COURSES Sep 8-Oct 13: EDP in. Module IV, Working Capital Management, NPB Cuppage Centre, NPB Sep 9-Sep 16: Top Management Development Programme Module IV Business Policy and Strategy Corporate Planning. Hyatt Hotel, NPB Sep 10 and II: How to Minimise Costs in Construction Projects, Shangri-La Hotel,
      431 words
    • Article
      Future of the chemical industry
      187 2 THE Singapore Manufacturers' Association will hold a seminar on "Chemical Industries in the '80b" on Sep 28 at Mandarin Hotel. The seminar will be opened by SMA chairman. Mr Ong Leng Chuan, and chaired by Mr R C Gillman of Exxon Chemicals. It will have
      187 words
    • Article, Illustration
      Plant to manufacture polyethylene products
      589 3  -  By RICHARD SEAH PLASTIC water storage tanks atop Housing and Development Board flats, frog-shaped dustbins along Orchard Road, plastic bathtubs, toilet bowls and even garden ponds these are some of the products a newly-formed company hopes to introduce. The ideas are from Mr Tadashi Murao,
      589 words
    • Article
      Builders merge into one body
      392 3 PROFESSIONALLY qualified builders will finally be organised as one professional body, the Singapore Institute of Building Limited. They will include executives of construction firms and government departments, project managers and coordinators, consultants and academics. The new institute *01l bring together builders or contractors who previously
      392 words
  • Page 2 Advertisements
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      247 2 EQUIPPING A RIG IN RECORD TIME. W f 1 J 9> h r W5 ZL A leading equipment supplier to the oil industry was asked to supply and install some sophisticated equipment on board the semi-submersible drilling rig, "Hakurya ID". With a deadline of three days, the only way they
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      Page 2 Advertisements Column 2
      242 2 Senior Appointment C R N Complete Computer Systems NCR Singapore, a wholly owned US subsidiary of NCR Corporation, is a leader in the computer industry and markets a wide range of data processing equipment including terminals, mini-computers and large on-line mainframes NCR's Financial Systems Division in Singapore enjoys the distinction
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  • Page 3 Advertisements
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      357 3 Tlktc was a time wlien Hiere were nonuirhinr>san( l man was Ok* supreme anisan. I lis hands the ux>lsot inj|enuity. Testoni |x*nxMuat<Mhean o( siK+icratlsmanship Kach |)k'< pol k-ailwr hand-cured and meiamor phos<xi mioa collodion of exquisite sh<x*s. twlls. bags. wallets and brieh ases. Such isilieexperipnrpof Tesloni creations. < /A? /rs>very
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  • RAW MATERIALS
    • Article
      Lock icon Coffee council talks now on
      481 4 AP THE 72-coffee growing and importing nations in the International Coffee Organisation met yesterday to negotiate the annual export quotas for the coffee year starting Oct 1. The session is scheduled to last tyvo weeks and will determine the overall global export quota and the
      AP  -  481 words
    • Article
      Shipments of Straits refined tin from Penang for the month of August 1981:
      74 4 Destination This period Shipped Afloat tonnes tonnes Jan/Aug Shipped tonnes Africa 7.55 Australasia 25.00 100.00 Canada 26.86 Continent 2,563.845 350.00 20,731.427 India 252.75 1,773.615 Japan 1,409.418 80.00 12,916.00 West Asia 285.50 Pacific 359.00 18.50 2,327.25 Singapore 6.00
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    • Article
      Lock icon M'sian rubber exports likely to increase
      413 4 Reuter MALAYSIAN rubber exports to the United States are expected to recover from the decline last year. Datuk Leong Khee Seong said this in an assessment of the rubber trade presented to New York representatives of consumers and traders. With the anticipated recovery of
      Reuter  -  413 words
    • Article
      Lock icon M'sian palm oil mission
      64 4 Reuter A MALAYSIAN government mission has begun a 19-day visit to the Soviet Union and East European countries to promote palm oil exports, the Malaysian Primary Industries Ministry said. The mission aims to explore the market potential for Malaysia's palm oil products and familiarising itself with
      Reuter  -  64 words
    • Article
      Straits Tin
      111 4 THE STRAITS tin price In Penang yesterday recovered two cents to M 535.22 a kilo after easing if cents on Saturday, still within the ITA ceiling range of $32.74 to $35.47, dealers said. The (all on Saturday was attributed to Friday's lower London closing and higher offerings. However,
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    • Article
      CLOSING PRICES
      34 4 Rubber: Sept 7 Singapore: Sept: 228.00 cents (up 5.00 cents) Malaysia: Sept: 257.50 cents (up 3.50 cents) Tin. M 535.22 per kilo (up 2 cents) Official offering: 243 tonnes (up 43 tonnes)
      34 words
    • Article
      Drier week in China
      24 4 DRIER weather over central China in the last week of August benefited early soybeans and cotton crops and corn harvesting.
      24 words
    • Article
      RUBBER
      277 4 RUBBER prices in Singapore yesterday closed slightly higher with September One RSS buyers quoted at 228 00 cents per kilo, up five cents from last Friday's close, dealers said. Morning prices were marked up slightly on covering interest and upcountry buying, they said. Lunchtime levels were sustained in afternoon
      277 words
    • Article
      RAS PRICES
      411 4 RAS price* in cent* per kUo yesterday Noon (per kilo) Buyers Sellers lat 1 R.S.S. prompt f o b 217 00 21S OON lat 1 R.S.S. September 226 00 227 00 lat 1 R.S.S October 227 00 228 00 lat 2R.S.S 199 00 200 00N UK/Coat ***** 199
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    • Article
      SSR and SMR
      126 4 NOON SSR and SMR pnc aa yaatenlayRA8 SSR 20 SSR SO (1 ton pa (I lea pa Saptaabar (Carrot Mth) Bayara Sallara iiaii 193 50 186 SON Hal) 191.50 193 SON Octahar (Forward Mtk) Bayara SaUara 196.50 197.SON 193 S0 196 SON MRELB Saptaabar Octafcar SMR CV
      126 words
    • Article
      Lock icon Sugar prices continue to fall even further
      288 4 AFP THERE WERE further steep falls in sugar prices last week, Czaraiko» writes in its latest review. The white sugar sector with more than ample supplies continued to exert pressure on prices for near-by arrival sugar. The discount for whites below raws widened
      AFP  -  288 words
    • Article
      Produce exchange
      176 4 CHINESE Predaee Exchange, Slagapsre, clesiag prices per IN kg yesterday. CMMit M: Bulk fob $122.50 sellers, old drum (in second hand drum) fob 1136.50 sellers, new drum fob 1141.50 sellers. Capra: Mixed (loose) 172.75 buyers. Pepper: Muntok white pepper fob Asu NLW $372.50 tellers. Sarawak white pepper faq
      176 words
    • Article
      TEXTILES
      192 4 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattas yarn: China Blue Phoenix 20s 2,450 32s 2300, 40s 3.100 (per bale of 400 lbs). Piece pifc; China Butterfly and Globe brand unq; Dragon Head unq Five Lambs unq; Flower and Butterfly
      192 words
    • Article
      RICE
      325 4 SINGAPORE: Yesterday's closing prices in SS per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.38, 100 per cent second class 1.14, 100 per cent third class 1.10, 25 per cent new crop no stock. B-10 per cent no stock. THAI BROKEN: A-super 0.75, Special
      325 words
    • Article
      LONDON MARKETS
      658 4 COFFEE: London robusta coffee futures yesterday held steady after a firm opening to finish near the highs at midday with trading subdued due to the Labour Day holiday in the US and the start of probably prolonged talks in London between International Coffee Organisation consumers and producers, dealers
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    • Article
      Lock icon Indonesia plans for rubber buffer stock
      166 4 Reuter an Indonesian plantation official will soon visit Singapore. Malaysia and Thailand to study setting up a rubber buffer stock, the semi-offi-cial AnUra News Agency said. Production director of a state rubber plantation in North Sumatra, Mr Masduki, said the proposed buffer stock is
      Reuter  -  166 words
    • Article
      PALM OIL
      117 4 THE Kuala Lumpur market yesterday saw prices closing higher on short-covering in quiet trading, dealers said. In September and October, south rose Mss and $10 to $885 and $880 a tonne respectively while November was traded at $877.50. The refined market was featureless on lack of overseas demand.
      117 words
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      323 4 This document was in Singapore 1 minute ago. k*> #:k :«C *3mmX*T~ -C tf3»mXXS~ t 7 4'4-H 5 <* m*&.£ rtif Jh't#M-: mm m ***mi £*>*,&(?***<s■ £*£4-*#*&£*{.' AJGSffc. KM*-#' MX## &&£>**£.*£» IMF 4-?d>*l£ #*»< £XZ4*>M.2'& WlftiK jo.*4s**d ii'frlX >c.>'ss-)-XX <$# v# Mi-; >2 *JL «~.WJk. fts— >* >- This lady
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  • OVERSEAS
    • Article
      Lock icon Japanese companies to make more profits
      498 5 Reuter AP FORECASTS of higher profits for Japanese companies in the second half of the n current financial year appeared to have done nothing to stop the downward slide in Tokyo share prices yesterday. The financial daily Nihon < Keizai Shim bun said yester-
      Reuter; AP  -  498 words
    • WORLD IN BRIEF
      • Article
        Lock icon AUSSIE BEEF CONTRACT
        474 5 Agencies C' AUSTRALIA has won a contract to supply South Korea ,with 7,000 tonnes of beef, ■despite recent scandals injvolving bogus exports of kangaroo and horse meat to the United States. The contract was awarded by the National Livestock ..Cooperatives Federation and Australian officials promised there would
        Agencies  -  474 words
    • Article
      Lock icon HK to sell 31 urban sites
      136 5 Reuter THE Hongkong government plans to sell some 31 sites in the urban area in the six months from October to March. Mr Nigel Bur ley, acting government land agent, said the total area involved is about 329,000 9q metres. Although initially scheduled for
      Reuter  -  136 words
    • Article
      Lock icon KL importers object to onion monopoly
      284 5 AFP THE Malaysian High Commission in India has been requested to investigate complaints from onion importers in Malaysia that the Indian agricultural cooperative marketing federation, Nafed, has given a Penangbased importer monopoly over onion imports into Malaysia and Singapore. The Malaysian news agency, Bernama,
      AFP  -  284 words
    • Article
      Brunei to develop river basin
      170 6 A FIRM of British agricultural consultants ULG Consultants has been appointed to assist the planning of the development of 275,000 hectares in the middle and upper valleys of the Tuton and Belait rivers in Brunei. ULG Consultants of Warwick have been jointly sponsored by the
      170 words
    • Article
      Port of Kuantan to be repaired
      620 6 EXPECTED TO COST $60m A SPECIAL Malaysian Cabinet committee has given the go-ahead for the complete repair of the trouble-plagued Kuantan Port. While no time frame has yet been set, well-placed sources say that the intention is to salvage the port in as short
      620 words
    • Article
      Lock icon Reagan says future of economy bright
      330 6 Reuter PRESIDENT Reagan told Americans that the future of the United States economy is bright but warned that recovery from inflation and other problems is only just beginning. He predicted in a Labour Day message that his economic policies of reducing taxes and government
      Reuter  -  330 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      761 6 ARRIVALS Service Local Operator Number Time Fro a PAA PACK 0010 NYC/SPO/HKG CAL CI333 0150 TPE/HKG MAS MH601 0645 KUL SLA SQI01 0815 KUL MAS MH8II 0815 PEN MAS MH671 0845 KUL RBA BI427 0930 BWN MAS MH680 0940 BKI/MYY/KCH SIA SQ201 1000 HLP MAS MH651 1000
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      Lock icon Japan urged to hasten oil exploration
      396 6 Reuter JAPAN should speed up oil exploration and development in Indonesia to guarantee its own supplies, said Indonesia's Mines and Energy Minister Subroto. Speaking at the opening of an Indonesia-Japan joint energy committee yesterday, Dr Subroto said Indonesia's commitments to supply oil to Japan
      Reuter  -  396 words
    • Article
      Lock icon Venezuela's stand on Opec meeting
      257 6 Reuter VENEZUELA will take part in any new Opec consultative meeting If there is a real possibility of agreeing on a unified price, Energy and Mines Minister Humberto Calderon Berti said. He was commenting on reports that Kuwait has been sounding out its Opec colleagues
      Reuter  -  257 words
  • Page 5 Advertisements
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      490 5 THEY CAN T BE WRONG S3 DBS OUB BANK OP AMERICA Choose NOTE COUNTING MACHINES Because Silicon has thoroughly unique and reliable features. 100% ACCURACY its microprocessor ensures this COMPACT and LIGHTWEIGHT-31cm wide x 32.5 cm long x 15.5 cm high; 11kg net weight CAN COUNT NEW OR OLD NOTES
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      384 6 It's one thing to pursue new opportunities in business it's another to support them. That is why you should have a sound and flexible plan when it comes to equipment financing a leasing plan from Armco Pacific. Armco Pacific is a subsidiary of Armco Inc. one of the largest industry
      384 words
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      Page 6 Advertisements Column 2
      106 6 FURNITURE Willi Touch of Class LUXURY INTERIORS Pt£. LTD. 321. Plaza Singapura ANTWERP JOHANNESBURG presidex ttgggs, I THE PRESIDIUM DIAMOND EXCHANGF f SINGAPORE: 10tfi Floor, Wellington BuNdlng, 20 Bidelord Road Singapore 0922. Tel: *****8W7 Telex: ***** HONG KONG: 16tti Floor, Lea Hing Buidlng 54-58 Dm Voeux Road Central, Hong Kong
      106 words
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  • Article
    Lock icon Bank of China doing well
    1080 7  -  The Bank of China, whose role is to promote the development of export trade and stimulate China's stagnant industrial base, has revealed a set of impressive results. RICHARD PASCOE examines the Bank's development. RICHARD PASCOE Reuter THE BANK of China (BOC), Beijing's foreign exchange bank,
    Reuter  -  1,080 words
  • Article
    Lock icon Restructuring threat
    1096 7  -  By CHARLES SMITH FT JAPAN'S 12 major oil refiners and distributors are expected to lose between 450 billion yen and 600 billion yen during the six months ending Sep 30, as a result of unfavourable exchange rates, high US interest rates and declining domestic demand. The losses would,
    FT  -  1,096 words
  • Page 7 Advertisements
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      109 7 Rent yourself some SAFETY From the people who pioneered seat belts as a standard feature. Volvo. Also the people who pioneered the concept of dynamic safety. Which means optimal engineering designed to minimize accidents. Or maximum protection, should one ever occur. Safe driving. When you need it most. *****8******54 S
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      190 7 Check-in FORTHE BEST NEWS IN TRAVEL WIN ATRIP TO BRITAIN WITH THE PEOPLE OKN I I BEST. IKrwSfi Visit the beauty of Britain its pageantry, its historic castles, its unspoilt countryside. And see London with all its restaurants, shops and shows. EASY TO ENTER I Simply purchase a British Airways
      190 words
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  • Article
    EEC countries will benefit too
    310 8 THE EUROPEAN Economic Community is fully aware that money spent on helping developing countries improve their trade development programmes is money well spent. Experience has shown that financing such promotional programmes for developing countries like Asean is likely to result in faster trade growth with
    310 words
  • Article
    Big step forward
    143 8 THE EXPORT Credit Insurance Corporation of Singapore's latest attempt to expand its coverage through an internationally established broker is a big step forward for the Republic as well. In spite of its short history, ECICS has proved that it is well-prepared to explore new frontiers. The ballooning
    143 words
  • Article
    Lock icon Run a small business
    1469 8  -  For those who have been thinking of starting a business, this is the right time. The provisions in the new US tax laws have made it more worthwhile to develop a second source of income. KAREN ARENSON continues with her ninth article on the impact of
    NYT  -  1,469 words
  • Article
    STOCK MARKET DIAGNOSIS
    588 8 Letter to the Editor Dear Sir*, After diagnosing the nightmare of the stock market last month, I conclude three causes: (1) The tight liquidity position in Malaysia. Malaysians were enjoying one of the lowest interest rates in the world, which in turn led to an outflow of
    588 words
  • Page 8 Advertisements
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      196 8 We have learnt our lessons well over the years, having played the complete host to so many successful conventions. And we've noticed that participants are beginning to expect more and more of what is offered outside the conference hall. Like entertainment or sporting facilities for relaxation between sessions. m The
      196 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      628 8 |y -IN-OIE GROSSWOBD CRYPTIC PUZZLE ACBO6B 1 Striking game* (5) 6 Animal all over its master? (5) 9 He gets house rations cut (7) 10 Discard with a struggle (5) 11 Place of imprisonment of a convict (5) 12 A Mas towards italics? (5) 13 Some warmth in the cold
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    • Miscellaneous
      Page 8 Miscellaneous Column 2
      775 8 All vehicles, big and small THE BIGGEST Bails Bayee la the warid kn a IN tint acriji frsai aa aid Bails Bayee Argaaaat atirsplsar. This Is jast eae d the rather laluiatlag flads Dave Allea dtoeavered while ea kit "turn" to be (and m "Dave Allea Ami Frieads" (eh 8,
      775 words
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  • Article
    Lock icon Confusion over US military build-up
    727 9  -  POKUM ...with Leonard Silk NYT MOSCOW must be in a state of utter confusion over the Reagan Administration's military planning. The Communist line has long maintained that capitalism could thrive only in an environemnt of war and aggression. Their argument was that, in capitalist countries,
    NYT  -  727 words
  • Article, Illustration
    Lock icon DEFICIT-DISMANTLERS
    1731 9  -  By DAVID MARSH FT CHANCELLOR Helmut Schmidt of West Germany is only too wearily aware of the swings in financial fortunes that can force governments back to the budgetary drawing board. Schmidt, veteran of seven western economic summits since 1974, returned from the latest gathering in Ottawa in July
    FT  -  1,731 words
  • Page 9 Advertisements
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      236 9 1 The hassle of waiting for airport transport is over! Introducing the Singapore Airport Limousine: Service in style. You need not wait lor your airport transport anymore l Sintat is introducing an efficient and speedy Airport Limousine service for the busy travellers these days BasjeaMy this is a direct service
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      Page 9 Advertisements Column 2
      173 9 a THAI JUMBOS TO EUROPE WE'VE ADDED TO THE HERD Visiting the great European cities with Thai is becoming increasingly convenient. Now with additional flights to our fleet, you can make frequent departures on our magnificent 747s to seven super European destinations. Convenient daily flights depart Singapore 7.20 p.m. with
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  • INTERNATIONAL STOCKS
    • Article
      Resources boom myth
      607 10 CRA'S PROFITS DOWN SHARPLY REPORTING an 84 per cent drop in 1981 first half earnings the Rio Tinto-Zinc group's major Australian mining arm, CRA, has hit out at complacency DownUnder arising from "the socalled resources boom". "These emotive words conjure up a picture of immediate large profits,
      607 words
    • Article
      SLACKENED GROWTH AT PEKO
      151 10 FEDERAL gaverameat UudM benefits reseaed Peka WtlUeid, the AutnUu-taaed metals miner, fram a dive lata the red daring the year to iaae SI. la the want reaalt aaaaaaced this hleak prafit seasaa far majar Aastrallaa mining eampaales, the Sydney based graap has reported a A 53.9
      151 words
    • Article
      Alcoa anticipates setback
      397 10 THE ALUMINIUM Co of America (Alcoa) foresees no upturn in results before the first half of next year, W H George Krome, chairman of the board and chief executive officer, said. Shipments of aluminium are expected to be somewhat lower in the second half of this year
      397 words
    • Article
      Higher revenue at Lufthansa
      166 10 DEUTSCHE Lufthansa AC'S groas transport revenues climbed 14.5 per cent in first half 1981 to 3.03 billion Deu tar he marks, with gross revenues from passenger flights rising 14.2 per cent to 2.38 billion marks In an interim report it repeated an earlier estimate that it
      166 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      766 10 See Page 13 for Asian stocks "The American Express Card serves you well, wherever good food is served". o wine,time anu enterraii Inn Of Happiness Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining
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      Page 10 Advertisements Column 2
      146 10 3 k r* .*> The Dragon Palace Restaurant is wtwre you can dine in regal splendour and dance to the mellow sounds o* yesteryear Spacious enough to accommodate 450 people m comfort. Dragon Palace Rest aj rant also caters to the cosy twosome 1 Oxiey Rtae/Psnang Road. Singapore 0823 Tel
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  • BANKING AND FINANCE
    • Article
      Singapore market
      471 11 THE US dollar moved a shade higher yesterday following news of another round of high money supply increase. Trading was thin, with what little trading there was concentrated on the deutschemark sector. The mark opened comparatively strong at DM2.4060 in the morning before slipping rapidly to the day's
      471 words
    • Article
      TOKYO
      158 11 THE US dollar for overnight delivery in Tokyo yesterday closed firmer at 230.85 yen compared with a 230.10 opening in Tokyo and a 229.40/60 close both in New York and on the West Coast on Friday, dealers said. This was also firmer than the 230.35 finish in Tokyo on
      158 words
    • Article
      London
      29 11 Opening quotes yesterday: US 1.8242/52 Can 2.2068/101 Cross —1.1975/78 DMk- 4.4350/400 D F1 4.9250/325 S Fr 3.8425/15 B Ft (con) 72.83/83 F Fr 10.6250/450 Lit 2219.7V2223.00 Yen 421.34/95
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    • Article
      PLR
      22 11 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 14.39 per cent.
      22 words
    • Article
      ASIAN $ RATES
      176 11 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Sep 7. US Doll«r»<Spol) Offer Bid 7 days 17 9/16 17 7/16 1 month l« 1/16 17 15/16 2 months 187/16 18 5/18 3 months 1811/*****/16 6 months 1813/*****1/16 9 months 1 18* 18* 12 months 181/16 1715/16 DM.
      176 words
    • Article
      Discount
      44 11 RANGE at prk attend by discount home* on SepT: Overnight: 7* Call deporitt: to 7% B«yixS«lliM 3- month Treasury bills 6* 8 3-month 14 7/16 14 5/16 Bank bills 3 months CD 13* 13% 6 months CD 13% 13* Source: National Discount Co
      44 words
    • Article
      GOLD
      209 11 SINGAPORE gold futures yesterday closed easier on some European selling in the afternoon in light trading, dealers said. Total sales and keb volume for the day was recorded at 200 lots with activity mainly centred on October, December and February contracts. Prompt closed weaker at U*****.10/439.70 an ounce against
      209 words
    • Article
      Silver quotes
      41 11 Frl tWl New York 9 968 9.30B 10.138 9 SOS Zurich 9 90B 9.27B 1910S 9.47S Mm ra Singapore 9 90B 9 558 10 196 S.T5S Closing prices In US dollars a troy ounc t. Source: Credit Suisse, S'pore
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    • Article
      HONGKONG
      37 11 R««kno«r rates yesterday US —5.91/5.98 UK 10 75/10.96 Burma 1.50/2.50 India 5 40/5.80 Indonesia 0.95/0.95 Japan 2.57/2J8 Korea 0 7» 0.98 Philippines 0.70/0.71 Singapore 2.73/2.75 Malaysia 2 49 2.51 Brunei 2.70/2.72 Thailand 26 30/27.30 Taiwan *****5.30
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    • Article
      Lock icon Cut in French lending rates
      476 11 NYT FRENCH bankers hastily began cutting lending rates last weekend after sharp criticism by the country's new Socialist Finance Minister, Jacques Delors, and an unprecedented government move to stimulate the economy by forcing down the cost of credit. At the suggestion of the president of
      NYT  -  476 words
    • Article
      Lock icon ANOTHER US$100m LOAN
      124 11 Reuter THE PHILIPPINE Central Bank is negotiating for another US$lOO million loan as part of its consolidated foreign borrowing programme. The bank negotiations were in progress and were expected to be concluded next month to bring the total loans under the programme so far this year to
      Reuter  -  124 words
    • Article
      Five more raise prime rates
      155 11 FIVE mare buki laeladlag tke Baaklag Carpsrattsa (OCBC) have Jslaed the latest spate rf prime rate laereaaea. frto taday, OCBC will peg Ita beat leading rate at IS.TS per eeat. This represeats a rise sf M percentage petal It la, hawever, «till iJtt patat Iswer
      155 words
    • Article
      FOR CHINA
      49 11 THE WEST Oerau Deatoehe Buk ku eitcaM a m mllttM Deatoehaaarfc )*aa to Chta» "to npetfto" the priw d ecMMdt adjutncal Btik director WUfiM Gath Mid tke toaa will g* mill) to flwrr the steel (Mpicx at mw Shaaghal, to which several Japanese firm» have aa lateral
      49 words
    • Article
      MAS ruling on less paperwork
      433 11  -  By ALVIN TAY THE monetary authority has significantly reduced finance companies' share of paperwork on submitting quarterly returns on loan portfolio with increasing business. The Monetary Authority of Singapore (MAS) told the 34 finance companies recently that they are no longer required to submit information
      433 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      176 11 !\|>\~)!`]`*]_'{+*-'{].>*|-]_== PEGI MALAYSIA BERHAD ft- 11, II a IU -r V (mcofpw unu m% ANNOUNCEMENT PEGI MALAYSIA BERHAD Rights bnt of 7,****** mm Stores of SI.M each at a price of $2.00 per share The Directors of Pcgi Malaysia Berhad are pleased to announce that at the dose of the
      176 words
    • Advertisement
      Page 11 Advertisements Column 2
      133 11 MINDS OVER MATTER that circle Earth 40 times a day. Here at McDonnell Douglas, highly-trained minds vyorking together have created new standards of excellence in air travel.The DC-10 fleet spans oceans, countries and continents, flying a million miles a day to more places more often than any other widecabin jetliner.
      133 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1834 12 BID and otter prices officially Usted 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 ON* INDUSTRIAL COMMERCIAL Am* (1X06)0)2X0(1)2X0 Anted
    1,834 words
  • Article
    Unit trusts
    82 12 (Mi 1 fin'jH— Diamonds par* Fd USI#B LM LM INCOMI (COT Income Band I BOND UNIT Mtfrinw) IS L« HUIKW Flrat B'putrm Second B'putrm Third B'putrm Fourth B'putrm Fifth B'putrm Sixth B'putrm Seventh B putrm (A) Seventh B'putrm y B) Eighth B'putrm (B) Ninth B'putrm Tenth B'putrm Eleventh
    82 words
  • Article
    SHARE INFORMATION SERVICE
    2715 12 1M1 Hi|k Low Company Last Sale orGr's Gr*s Net DW Div TTM P/E Vol Dey Crr COOO) Higk Low SECTION ONE INDUSTRIAL A COMMERCIAL 494 350 313 430 300 ♦TO 798* 075 430 388 Aetna Alcorn 130 Allied Choc 150 BAT 330 Bata 80 Ben 380 Berjaya
    2,715 words
  • Article
    In Kuala Lumpur
    2001 12 BID and ofler prices officially lifted and huslnf in and re- j ported to the Kuala Lumpur Stock Exchange yesterday. with the number of shares traded shown in (rackets in lots at 1,000 units, unless otherwise specified. INDURBIAU AIM (MB 1.5B) (12) 1-30 art AMD (17B) (4)
    2,001 words
  • Article
    Market fails to sustain recovery
    572 12 THE BTIXX Btrkd suffered ft relapse yesterday. The prevtoaa week had cmM m ft fairly i|lliilill aeto aad at the ipmln Ml yntertoy, It (tat the iMHwy might |Mt he ■at jheeewhs theaght the the Bttek''li(L!a|(' ef hSSkT? hi; mnX tor a At the aril
    572 words
  • Article
    Kuala Lumpur closes easier
    573 12 SHARE prices opened the week on a lower note at the Kuala Lumpur stock market yesterday on poor carried-over interest, after prices had rebounded smartly the previous week. Sellers were in full control throughout most of the session, but some late interest lifted values above the
    573 words
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  • COMPANY NEWS
    • Article
      Higher bank profits
      500 13 Market Talk... V BANK profits are generally expected to be higher this year following the bumper interim results reported by several locally quoted banks recently. UK stockbroker Laurence, Prust and Company has estimated, for instance, Oversea-Chinese Banking Corporation's full-year net earnings at around $127 million (after an
      500 words
    • Article
      Hongkong Land appointments
      284 13 HONGKONG Land Company has announced significant new senior posts in Hongkong and overseas. The appointments will meet the company's need to consolidate its diverse property and food and hotel interests in its traditional overseas areas of activity Singapore and Australia while establishing a new top position in
      284 words
    • Article
      Ajinomoto (M) to increase output by 40pc
      184 13 THE Mslo million expansion at Jalan Kuchai Lama in Kuala Lumpur by Ajinomoto (Malaysia) Bhd is expected to be ready by next year. Mr Katsuhiro Utada, president of Ajinomoto Company Inc. said the expansion will enable Ajinomoto (Malaysia) to increase production by about
      184 words
    • Article
      NBT confident about long-term prospects
      551 13 DESPITE the tough times that the North Borneo Timbers (NBT) group is going through, its chairman is confident that the group's strong financial position makes it well-placed to take advantage of any improvement in demand for its products. Thus, although the immediate prospects are not
      551 words
    • Article
      Downturn at Pacific Chemicals
      155 13 A STRONG US dollar and higher import duties coupled with the need for competitive pricing severely eroded earnings at Pacific Chemicals at half time. For the six months to June 30, 1981, pre-tax profit plunged 28.7 per cent to MJ677.832. Because of poor commodity prices and
      155 words
    • Article
      Lock icon St Piran purchases house-building unit
      422 13 FT MILBURY Estates, the Manchester-based housing development subsidiary of Saint Plran, has agreed to buy the housebuilding division of Dares Estates. Mil bury is 86 per centowned by Saint Piran. The shares of both companies have been suspended since May when Saint Piran came under
      FT  -  422 words
    • Article
      MWE not buying Bulk Exports
      145 13 MWE Holdings has finally decided to drop its proposed purchase of Bulk Exports Sdnßhd. The resolution advocating the purchase was among several resolutions that were not adopted at an extraordinary general meeting held on Sep L The proposal by MWE to buy Bulk Exports was
      145 words
  • ASIAN STOCKS
    • Article
      Market closes lower
      299 13 HONGKONG SHARE prices in Hongkong yesterday closed lower on some selling pressure in moderately active trading, with continuing concern over interest rates and lack of any positive factor leading to the fall, dealers said. By the close, the Hang Seng ndex was down 33.42 points to 1,564.12,
      299 words
    • Article
      Bangkok
      63 13 STOCK prices In Bangkok yesterday closed generally higher in inactive trading, dealers said. SEPT 07 Axl* Fibre Bthu if Bartl Juckcr Pint Tniit 41 1 Industrial PlnanOt Cwp N 2J International International Train Anil ru Rama Tower m 0-5 Saha Union Slam Cement M unch Slam City South Atfa
      63 words
    • Article
      Sydney shares down
      366 13 THE Sydney market yesterday showed no sign of an imminent recovery from a 15-month low as sellers renewed their attack on the oil sector, dealers said. The Oil and Gas index, which fell more than 60 points last week, dropped another 21.2 points to finish at 656.6,
      366 words
    • Article
      Tokyo stocks weaker
      380 13 SHARE prices in Tokyo yesterday closed slightly lower in limited trading, as late profit-taking and liquidation pared early gains, dealers said. The market average fell 2.13 to close at 7,604.17 after a rise of 30.42 at the morning close, with a volume of 150 million shares. The
      380 words
    • Article
      Manila
      133 13 THE Manila stock market yesterday closed lower although turnover rose to 930,000 pesos from 918,000 on Friday, dealers said. Lepanto was the lone gainer while Phil B, Basic Petroleum, Phil Overseas, Seafront, Ist Phil Holdings and San Miguel B fell. SEPT 07 Peeoe Aco|e Mining AUu Con. A A
      133 words
    • Article
      Selected indices
      29 13 H.K.HANG SENG Monday 1564.12 Friday 1»7.54 Week Ago... closed AUSTRALIAN INDUSTRIALS Monday 885 4 Friday JJj» 1 Week Ago TO2.2 ALL ORDINARIES Monday Friday Week Ago «8
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      292 13 I I Malayan United Industries Berhad Offer by Morgan Guaranty Pacific Limited (MGP) for itself and on behalf of Malayan United Industries Berhad (MUI) to acquire all the issued share capital of Ming Court Hotel Limited (MCH) and Hotel Malaysia Limited (HML) other than those MCH shares and HML stock
      292 words
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      Page 13 Advertisements Column 2
      219 13 NEW MUSCLE FOR ASEAN BUSINESSMEN Times Conferences will give new muscle for ASEAN businessmen in their top level international conference on 'New Business Opportunities in the 80's: ASEAN' CAN THE ECONOMIC BOOM LAST? ANY SAFEGUARD FOR BUSINESS? WHERE TO INVEST NOW? WHAT ARE THE OPTIONS? WHAT DOES USA OFFER? WHAT
      219 words
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  • Article
    Hume Malaysia ahead
    380 14 HUME Industries (Malaysia) Berhad has turned in record sales and profits for the year ended June 30, exceeding even its directors' forecast earlier in March when the company released its interim results. Pre-tax profit for the Hume Malaysia group was M 527.32 million, up 76.14 per cent
    380 words
  • Chief Price Changes
    • Article
      SINGAPORE
      146 14 Rises Batu Lintang 346 46 Tractors 550 10 J C MPH 300 10 Y H S Msia 200 10 Shangri-La 720 5 Sigma Metal 135 +3 OUT 270 +2 A B N 237 1 G Lumber 126 1 Falls Hong Leong lad 1110 -190 H Leong Credit 850 -120
      146 words
    • Article, Illustration
      KUALA LUMPUR
      146 14 Rises S Land 1100 80 Falls HLInd 1200 -160 PMC 1060 -140 Sel Prop 800 -100 C Sugar 1030 -100 M U Ind 1080 -100 B Raya 610 -55 Gen tings 610 -55 S Trading 800 -50 Magnum 464 -46 U M Works 470 -45 Glenealy 250 -42
      146 words
  • Article
    UIC to acquire Australian companies
    273 14 UNITED Industrial Corporation is acquiring four detergent-based Australian companies for As4.l million. Through its Australian subsidiary, UIC has already entered into conditional sale agreements with Mr William Ewart, the principal shareholder of the four companies. The Australian subsidiary, incorporated recently, is 80 per cent-owned by
    273 words
  • Article
    UE incurs $3.5 m pre-tax loss at half-time
    274 14 UNITED Engineers (UE), a diversified engineering group, has painted a gloomy picture of its prospects for this year. At half-time, the group has already chalked up a pre-tax loss of $3 499 million, a reversal of its performance in the first half
    274 words
  • Article
    Jack Chia plans
    367 14  -  By FLORENCE CHONG SINGAPORE-based investor Jack Chia yesterday announced plans for a As4oo million "new town" development in a Melbourne suburb, South Yarra. Mr Chia's Melbourne solicitor, Mr Tim Hewison, told the Melbourne Herald that the mixed residential and commercial development would go ahead on a five
    367 words
  • Article
    LONDON STOCKS
    869 14 LONDON, Mon. Share prices extended Friday'sfalls to end generally lower in quiet trading today, dealers said. At 3pm, the Financial Times Index was down 8.1 points at 546.8. Guthrie was a firm feature, rising to close at 900p, after Friday's close of 662p, following the bid by Malaysian
    869 words
  • Article
    Permodalan gains control of Guthrie
    474 14  -  ■■MB Companies Editor: Mano Sabnani By GERALD COLVERD IN A surprise "dawn raid", Permodalan National Berhad has gained effective control of Guthrie Corporation. The dawn raid was mounted on its behalf by Rothschilds, which offered 901 pence against a market quote of 662p at Friday's
    474 words
  • Article
    UMW profit up 12.5 pc
    509 14 UNITED Motor Works has reported higher group Interim figures. Group pre-tax profit for the half year to June 30, 1961 was raised 12.5 per cent to M 518.06 million. This puts UMW on the track to full year earnings of $31.3 million, forecast in the
    509 words
  • Article
    MAGNUM REPLIES
    130 14 MAGNUM Corporation has informed the Kuala Lumpur Stock Exchange that it realised a surplus of M 518.386 million from the sale of its quoted investments, and this has been incorporated in its halfyear results. Hie KLSE had earlier queried Magnum on its extraordinary profits, as the company did
    130 words
  • Article
    Response to Pegi rights
    122 14 PEGI Malaysia Berhad has received applications for 7,331,765 shares or 98.8 per cent of the new shares, to be issued under its proposed one-for-one rights issue at Ms 2 per share. At the close of the rights issue at 4 pm on Aug 27, applications for
    122 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      153 14 U5530,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 9th March, 1982 THE INDUSTRIAL BANK OF JAPAN, LIMITED (Singapore Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the final six month interest period from 9th September, 1981 to 9th March, 1982, the
      153 words
    • Advertisement
      Page 14 Advertisements Column 2
      63 14 THE TRUCK RENTAL COMPANY YOU'VE NEVER HEARD OF EITHER. At BTW, not only are we trying to make a name for ourselves in car rental, but we have flat beds, pick-ups, vans, right up to 3 tonners as well. All with the extraservice that used to be unheard of. BTW
      63 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      62 14 Outlook for Singapore from 6am to lpm today: Partly cloudy with showers in several places after midday. Report for 24 hours prior to 7.39 pm on Sep 7 at Maximum temperature 28.8 Associated humidity 81 Minimum temperature 23.0 Associated humidity 100 Hours of sunshine 2.60 Rainfall in millimetres 36.0 Total
      62 words
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  • SHIPPING TIMES
    • Article
      Huge rise in India's box throughput
      308 15 INDIA has registered an increase of nearly 10 times in its container traffic during the last few years in keeping with the phenomenal increase in global container traffic. According to official sources in New Delhi, container throughput in India has risen to 95,000 tons
      308 words
    • Article
      Higher wage cost reduces demand for S'pore seamen
      530 15  -  t NATIONAL MARITIME BOARD By JAN LEE HIGH wage cost of employing Singapore ratings has resulted in a drop in the number of seamen employed on foreign-going ships and on home and local trade vessels. According to statistics released by the National
      530 words
    • PORTSIDES
      • Article
        Lock icon Crew hijacks ship
        109 15 AFP A 1,000 deadweight ton ship flying the Honduras flag, the Laserina, has been hijacked by its own captain and crew and taken to Bitung, North Sulawesi. The ship, which left Singapore on August 16 on its way to Bangkok, arrived in Bitung on August 30, after
        AFP  -  109 words
      • Article
        Lock icon Lower freight rates
        108 15 AFP PHILIPPINE exports to New Zealand will enjoy lower freight rates starting next month following the reduction made by the Australian and New Zealand Eastern Shipping Conference (Anzesc). The Philippine Shippers' Council (Shippercon) said Anzesc reacted favourably to its proposal by reducing the general freight charges on
        AFP  -  108 words
      • Article
        Lock icon Inter-island boat sank
        84 15 UPI AN INTER-ISLAND boat has sank and 24 people are missing and feared dead in northern Indonesia, the Kompas newspaper said. The large circulation daily said the Labuyan developed engine problems off the coast of north Sulawesi, 1600 kilometres north-east of Jakarta and sank with 34 people
        UPI  -  84 words
    • Article
      INDEX TO ADVERTISERS
      707 15 Shipping line Page C«l Shipping 11mPagf (M Achipelego Ale* Afro-Eurasia All trans Alpac Angkutan Angonave ANL AntoU APL Argentine A9CL Asia Merchant A astasia Line Australian Cont Bait-Orient Baltic Bangkok Cant Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Benbulk Bintulu Birkart Blue Funnel Blue
      707 words
    • Article
      SHIPS IN PORT
      288 16 ARRIVALS KEPPEL WHARVES Asian Clipper (ro/ro) (1200 after Invybank) 1/2 Atrevida (1500 after Barber Terrier) 33/34 Balantang (1500) 29 Cherry Singa (0700) 27/28 Fortune Victory (0200 after President Adams) 44 Jenson (0700 after Iweri) 22 Hannoverland (1500) 47 Kota Perwira(OTOO) 10/11 Labuan Hadji (0700 after South Pole)
      288 words
    • Article
      Container Schedules
      888 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Ming Hope 31W 99.81 0800 M States TA 4 vc Macol King 143 9.9.81 1200 Kim Shpg TA 4 vc Sov
      888 words
    • Article
      LONDON FREIGHTS
      1522 16 ALL SECTIONS of the freight market experienced very quiet chartering conditions, brokers said. The fairly steady level of 19.50 was paid for grain from the US Gulf to Holland, while an unchanged of 115.25 was agreed for grain from the Gulf to Venezuela. A cargo was also covered
      1,522 words
    • Article
      Calcutta to expand box facilities
      386 17 A 10-MEMBER working group to draw up short and longterm strategies to accelerate containerisation at the port of Calcutta is being set up after a decision taken by shippers, shipping lines and officials of the Calcutta Port Trust and Central Inland Water Transport Corporation (CIWTC).
      386 words
    • Article
      Stricter NSB rules to curb seamen strikes
      268 17 STRIKES by Filipino seamen while in foreign ports which are violations of government approved contracts prompted the National Seamen Board (NSB) to issue stricter guidelines designed to forestall similar occurences in the future. In a resolution approved by the NSB board, the government
      268 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1087 22 SCHEDPLE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are I published at a maximum of three weeks.
      1,087 words
    • Article
      The Consortia
      194 22 i THE major shipping consortia operating between the Far East Europe, Far East Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAB EAST EIVOPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANBO (STR
      194 words
    • Article
      SHIPPING EVENTS
      171 22 ENGINEERING far ra-*a September 7-11, University of Newcastle upon Tyne. A course for professional engineers and architects to provide an up-date in knowledge in all engineering aspects of ro-ro operations. Eight-day coarse la aaderwater lipttttw ui NDT for engineers, managers and divers. Falmouth. September 1-10. 4th lateraattaaal Shlppiag
      171 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      708 15 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. Set Page V I R1 MM 318 W I AM m Orient Overseas Co*dcu*teA Line FULLY CONTUCnSED SERVICE TO EUROPE (VIA SUEZ) KPtUK 6ARKT 7W MX CONCOD
      708 words
    • Advertisement
      Page 15 Advertisements Column 2
      100 15 ratal CONTAINER Schedules U SHIPS In Part n LONDON Freights U/m SHIPPING Schedule Vm REGIONAL Weather Vm TTa«!'.T, ■■.■r-Trrraa^ lEHEMSH3II I Oct 12 Oct 5 Oct 18 Oct 26 Oc Nov I 1 Mot 2 I 1 No. 8 b] ESS mini Sea^eLandl istomer Service/Booking 777*077 Terminal *****53/*****37 Bdnoo* ongKong
      100 words
    • Advertisement
      Page 15 Advertisements Column 3
      676 15 FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA ft CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: US PACIFIC. OULF. ATLANTIC. EAST CANADA. ASIAN PORTS Pvnang M 1 ALBERT •SMGAPOIK CLOSING IMS CY Scot 0100 MRS CFS
      676 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      853 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE k Mn Accepting Fer 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. L Ha»w, Bilbao, Bask, I*. 3) Bremen, Breroertia»en, Aartwv Copenhagen, Helsinki 4) Mahno.
      853 words
    • Advertisement
      Page 16 Advertisements Column 2
      176 16 BBS SUPERCARRIER SERVICE KXTMBMU "BARBER TOWER" k Nrt. "BARBER TONMCM" Sap 17, -BARBER TAUBMAIT Sap It "BARBER PRIAAT* Ort 4 "BARBER MENEBTHEIT Od 4 TO: CALIFORNIA VENEZUELA EXPRESS CONTAINER SERVICE TO: VANCOUVER US PACIFIC COAST VENEZUELA EXPRESS SERVICE ISI Sud Americana de Vapor* s W/Ll CONTAINER SERVICE To: Bandar Khomeini,
      176 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      578 17 QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabeh, Sarawak, Brunei Ports and Bangkok 3/10 (5/1* 09/10 11/10 00/10 10/10 14/10 10/10 17/10 19/10 20/10 23/10 20/10 21/10 2/11 4/11 01/11 10/11 10/11 12/11 A'»erp It Dm 1/11 00/10 07/10 14/10 11/10 13/10 17/10 10/10 20/10 22/10 24/10 20/10 29/10
      578 words
    • Advertisement
      Page 17 Advertisements Column 2
      557 17 ti 'A 1 Cs V M s. L*s SMS i ISes In Asia: Mitsui O.S.K. Lines' Alligator Service is a dynamic force throughout Asia. It has 5 routes which link the major ports of Asia with Europe, the Mediterranean, the Red Sea, the Gulf and South Africa, and 3 routes
      557 words
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  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      656 18 Hapag-Lloyd TO NORTH EUROtt Carifegan Bay Kaluga Mara Thamei Maru TaAyo Bar "Aho accepting transhipment cargo lot CARIBBEAN WSI *O*S ua Hamburg TOMEOTamp Ercote law* Mont Blanc Maru Hakata Mare TW HK 14/9 16 9 TO NORTH OjgfyjPnßMlH 7/10 12/10 18/10 23/10 31/10 5/11 S pore PK Pen Bob*) Genoa
      656 words
    • Advertisement
      Page 18 Advertisements Column 2
      576 18 KOREA SHIPPING CORPN f. K clang PENANG STORE EGA 163W M PORT 1012 Sept 6-9 S«pt FROM BUSAN BANGKOK VEGA 164£ M PORT 1012 Sept 6 9 S«pt TO BUSAN ALTAR 167W 7-9 Oct 4-7 Oct ALTAR 168E 7-9 Oct 4-7 Oct 1-4 Oct FROM BUSAN BANGKOK TO BUSAN use
      576 words
    • Advertisement
      Page 18 Advertisements Column 3
      444 18 0 EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE T ALSO ACCEPTWG CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONDON, MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC WEST GERMANY BREMERHAVEN, OSLO, STOCKHOLM. GOTHENBURG. AARHUS, COPENHAGEN HOLLAND AMSTERDAM S p»» Md* HaMw| f (fastow HoHitdjm tahm* It Ham Em l»tt 1/1 11/1
      444 words
    • Advertisement
      Page 18 Advertisements Column 4
      825 18 J Burmi Va S JBk "BURMESE NATIONAL LINE" g 2 LOADING FOR RANGOON K Niowrm M M PAGAN HTMTftKYNt 15/11 S«pt lt/» Wt its m Moloyvo BOUSTEAD NOS Kl *****2/*****9 Pvt/ll Sopt U/llS«*< C*mpM« AffMtM. 0« Kimmmi lm*rca«iM«* "ARGENTINE NATIONAL LINE" LOADMG FOR DURBAN MONTEVDEO BUENOS MRES S'psrt entae nos
      825 words
    • Advertisement
      Page 18 Advertisements Column 5
      300 18 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. m SANKYO LINE JAPAN/STRAITS SERVICE QTSMR STM 12 14/9 (MSB VBCOWT U-lf/9 SAMT SOT MUM noko mm 20-22/9 OCUR NOOMCtS 22 24/9 2*25/9 ctotai stm 2*20/9 •CIWTS II MHITJH MOM rmt t imowun m in ra 72*1144/7 t 22*137* I m *****4 4147 V
      300 words
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      Page 19 Advertisements Column 1
      544 19 W PIL GROUP L. JLZ FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH. JEDDAH A AQABA (Reefer Cnlrs Acceptable) 1 A VESSEL 11W/12E I 8-9/9 13W/14E 113-13/10 S PORE COLOMBO HODEIDAH JEDDAH AQABA COLOMBO I S PORE 14-15/9 22-23/9 24-25/9 26-27/9 7-8/10 113-13/10 18-20/10 26-27/10 28-30/10 31-1/11 10-11/11 I 15-16/11 21-23/11 29-1/12
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      Page 19 Advertisements Column 2
      805 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE Mm* Bit c«*m lii iti KawtJ Man 23/1 T*y» Bay 19/9 Tkawt Marv Frwthrt Ei«rni 4/1* i»p Bay 11/1* I fmmtHmw CMrr Act 11/9 Card** Bi hatib Takya lit FBOMOMOPE H BURG BMAVEN I *r Germany/Austria B< listiMn bM W TXanri Mn
      805 words
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      Page 19 Advertisements Column 3
      645 19 Scan Dutch 9 EKLY EXPRESS CONTAINER n/lIK/Nf/VAN SERVICE a/0 1/10 i/io 1/10 11/10 15/10 20/10 a/io 77/10 a/10 J/11 S/ll 10/11 12/11 17/11 10/11 a/u 21/u I) OjrcMWl Gaaaa 11*0" 7) MMM lll«|H U 0 Canary M* 3) hem frMMdun* 4ar*n (||I*HIII M Mr muK acc*M*t c»|o to bull! Mb
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      Page 19 Advertisements Column 4
      596 19 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) CLYDEBANK SANTA ELENA SPORE 23 Sep 13 Oct R'DAM HULL HMBG 18 Oct 22 Oct 27 Oct 13 Nov 22 Nov 17 Nov (Deep Tank Spoce Available) •k bpoce Available) Lines U.S. WEST COAST SERVICE (a* «<ntft
      596 words
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      Page 20 Advertisements Column 1
      791 20 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEEDER KSSEIS* H fanh Ace VII Sid Earter )e«<*er also anadabfc an te^jett C*|Mi acctptaMe tot Oakland. Vancouver Portland Houston. GaNesten Ne* Orleare Boston SI Win. PMadefcftu. Nortoft BaNmore Savannah lactwnvfc JAPAN-STRAITS-JAPAN Vesvel Sport Penang P Kelang j
      791 words
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      Page 20 Advertisements Column 2
      618 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE iMdnc for lOS ANGELES SAN FMNCSCO SEATTU. TACOHA. VANCOUVER B C Accepti* Fa/Fa Contaewis P Xcune SMfapwt 1 hnfftn MPAIMiAI" HhH 11 Sept 7 Oct AUSTRALIA EXPRESS CONTAINER SERVICE NEW ZEALAND SERVICE kjAnt m tat M"* P Sinjjpore 10 Sort JAPAN SERVICE VISHVA
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      Page 20 Advertisements Column 3
      584 20 SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINESI GENERAL *****1 114 lINE SI TERMINAL OFFICE *****83 TELE* RS ***** RS ***** A B CARSHIP CABLE CARGOSHIP irririiTl ■te«|i«Mial \3M3V Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK VUT 29S ,30N 265/27N •IN JOS 31*
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      Page 20 Advertisements Column 4
      583 20 KORINS MARITIME SERVICES ffi Room 601 ICB Building, Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/BED SEA/EUROPE SERVICES Spore P Kelanj Load™ For I VA»A _15 Sep Bandar Abba, /B Khomem I 5 f® 9 Bandar AN>as/B.Khome« A VESSEL 30 Sep Jeddah Hyundae Shipping Co. Ltd.
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      Page 20 Advertisements Column 5
      518 20 4» INTRASEA (PTE) LTD. Suite 2616 International Pia. T a A> sc Rcj Singapore 0207 Tel *****1 1 (lOLmesi FULI CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE VM KM FBOJTY Hm K«g/KtaM«/Ye Agaats Sfcgapara MTRASEA (PTE) IID BOOKNG 224(511 I Unpa TEOSfK ft warn 4MM4, 4*7*2. 48K71 »na OUBBUS
      518 words
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      Page 21 Advertisements Column 1
      593 21 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): HK CONTAVO 27W. K. JACEJM 11W+... C. CONTAffR 13W.. N. GARNET 7W II CONCORD 1W C. PAUL 2SW K. CHANCE 5* Also accepting cargo to/from Scandinavia K. JACEiIN S pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) 0200
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      Page 21 Advertisements Column 2
      584 21 MALDIVE LINES ETA ETA HA' SPORE KUANTAN PORT KELANG MALOTVE PROMOTER 18/9 Loading For Jeddah (North Korea) MALIMVE PROGRESS 25/9 Loading tor Hodeidah MALDIVE PRIZE 15/9 Loading tor Dubai/Dammam/ Karachi MALMYE NEIGHBOUR 25/9 Loading For Dubai/Dammam MALDIVE NAVIGATOR 20/9 22/9 Loading For Mukkalla MALDIVE PEACE In Port Sailed Loading For
      584 words
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      Page 21 Advertisements Column 3
      561 21 ODESSA OCEAN LINE TZRJi' BALT-ORIENT LINE I li FESCO LINES FESCO STRAITS PACIFIC LINE FOR: VCR (WASH), 7ACOMA AND VCR (BC) S port Port Ktanf fmjnf Ku MVPAVIOOAR In Pt/Sept 10 FESCO INDIA LINE MV. r. LOQMNSKIT So* 14/11 So* 12/13 K«fc*/M*ora.Trt MV fEDOR PCTTOV So* 19/21 ■liii/tiiilij MV. M.
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      Page 21 Advertisements Column 4
      88 21 TV CAI\/ll\/II I IKI v^nifiifii WII BULK TIMBER PLYWOOD SERVICES I Tr. R/CMTKNT NITS Antwerp Hanburi Rotterdam Vessel Sfflfapon Monim WIIS 14 S«pt Frontier NSI6 4 Oct Leopard Wtl7 It Oct Buff* Will 9 Nov AUTHORITY SHIPPING AND TRADING PTE LTD NAGATUAM AGENSI SON BHD SIM SWEE JOO SHIPPING SDN.
      88 words
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      Page 22 Advertisements Column 1
      414 22 A_ ANTOLL LINES Independent Lner Service FCL Contarers'Heavy Lifts D»ect 8 Is to MXIMM MiBOUtW SYDftl TftSMAW* SoOrott Soi Tiia Sagaiand SoOrott Sol Tula JOT 163/19N 17S/20N 18S/21N 19S/22N 20S/23N **ipor« SW Sept 17 Sept 25 Oct 22 Nov 2 NrtWane Sopt I S«pt 20 Oct 25 Nov 5 SINGAPORE
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      Page 22 Advertisements Column 2
      234 22 R SAUDI LINE Regular Conventional Service (AH Sow* Flog Vetsol) Loodmg foe DAMMAM, DUBAI, JEDDAH BKK SIN S. SUNRISE 21/9 3/10 S. PRINCE 5/10 10/10 St* At* l Batk* ASIAN NAVIGATION CO LTD IQ. *****)7 K lunpur TUNAS XTM SOU MO I«t *****4/4143* fount TUNAS srrvt SDN M> TO: 3C7375
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      Page 22 Advertisements Column 3
      282 22 SEABRIDGE AGENCIES 9A CRCULAR ROAD STORE 0104 TEL: *****4, *****6. *****5. STORE ARABIAN GULF ROUTES 10/5 DC HJF MA imr MM. 26/9 DAMMAN, KUWAIT store REP SEA ROUTES 10/9 ADEN, HOOGDAH. JEDOAH, AQABA, MOGADISCIO. 21/9 PORT SUDAN. STORE EAST AFRICA ROUTES 10/9 DARESSALAAM. MOMBASA »/9 STORE INDIAN OCEAN ROUTES 12/9
      282 words
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      Page 22 Advertisements Column 4
      212 22 fj> JOHORE SHIPPING m LJr 161 lAIAN IfNGKIJ BAOAR POPIKUANG SfIANGOR MAIAYSIA bintulu ■R {CONTRACTORS SDN. BERHAD 37. PaniM|an Road. Kuchnf. Sarawak. Tat: 20SM Tatrr MA ***** Eiprns Car Carmr/RO-RO Sconce to Cast Malaysia P Krtanc Loading tor BMTU.U NO 1 V: 13/11 hi Part RUCHNC/KR WTU.U NO 1 *14/11
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      Page 22 Advertisements Column 5
      45 22 NOTICE NOTICE M.V. "LUCKY WILLING" THIS IS TO INFORM THAT M/S THAI AGRO NAVIGATION CO S A PANAMA HAS SOLD THE VESSEL M V "LUCKY WILLING" TO M/S. SEALOGS ENTERPRISES (S) PTE LTD SINGAPORE ON 3RD SEPTEMBER, 1981. M/S THAI AGRO NAVIGATION CO 8A SIGNED
      45 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      164 22 m 7c Regional Weather K f *4r s M 4 Va Li '4 05 r A P ;—Ni in SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temwratur* a C Temperature v. V Shower Weather Wind direction with speed in knou Rain V Cloudy Sky
      164 words