The Business Times, 4 December 1980

Total Pages: 20
1 20 The Business Times
  • 9 1 BUSINESS TIMES No. 111/1/8« THURSDAY, DECEMBER 4,1M1 50 CENTS
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  • BRIEFLY...
    • 63 1 ESSO has increased its petrol prices effective today. The increases range from 1.2 cents for super grade oil to 1.6 cents for the regular grade. Super grade will now cost $1,042 a litre as against the previous price of $1.03. The regular grade will be sold
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    • 64 1 THE First deputy Prime Minister, Dr Goh Keng Swee, has resigned from the post of chairman of NTUC Income's Board of Trustees. Dr Tony Tan Keng Yam, the Minister for Education, will succeed him. In his letter to the board, Dr Goh said he was stepping down
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    • 79 1 AFP JAKARTA, Wed. The Indonesian government has admitted it is aware that subsidised imported wheat flour is being made into glue for use by plywood factories, but is apparently not doing •anything about it. The only way out would be to build gluemaking industries, of which at least
      AFP  -  79 words
    • 43 1 AFP TOKTO, Wed. Two Soviet warships were sighted today heading south through the Tsushima Strait, between Kyushu and South Korea, the defence agency reported. The two warships were a 16,000-ton Sverdlov class cruiser and a 3,300-ton Krivak n class destroyer. AFT
      AFP  -  43 words
    • 66 1 Reuter WARSAW, Wed. The Soviet Union has given Poland a no-strings hard currency loan of US$l.l billion that is widely expected to bolster Western confidence in Poland's ability to pay off its massive debts. The loan, which is part of a $1.3 billion package announced by Polish
      Reuter  -  66 words
    • 66 1 PETALING JAYA, Wed. The Malaysian Trade Union Congress (MTUC) will oppose any move by the Malaysian government or any other governments to restrict international affiliation by Malaysian trade unions at the regional conference of the International Labour Organisation. Its secretary-general, Mr V David, said the MTUC was
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    • 56 1 AP JAKARTA, Wed. A total of 684 persons have been arrested following weeklong anti-Chinese rioting in several central Java cities, chief of the National Intelligence Agency (Bakin) Lt-Gen Yoga Sugama said. Eight students were shot to death during the disturbances and losses were estimated at several million dollars
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    • 40 1 AP TOKYO, Wed. Bernard Lathiere, president of Airbus Industrie of Europe, said that his company wants to develop a 130- to 150-seat passenger plane jointly with Japanese makers at a cost of more than US$l billion. AP
      AP  -  40 words
  • 142 1 Falls Tronoh Mines 1920 -130 U A C 450 -80 Berjuntai 1400 -70 PMC 1150 -70 Island A Pen 865 -55 Austral Amal 1350 -50 Straits Trading 1250 -50 M Banking 1500 -40 Magnum Corpn 1480 -40 C Sugars 960 -40 Sel Properties 1570 -30 SEAL 590
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  • Article, Illustration
    156 1 Falls Tronoh 1960 -140 PMRI 700 -100 A Amal 1200 -100 Rahman Hy 1550 -100 PMC 1180 -80 Berjuntai 1420 -80 M U Ind 1360 -70 C Sugars 950 -60 M Banking 1600 -60 Malex 700 -50 S Trading 1300 -50 Magnum Copr 1550 -50 S Lumber 605
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  • 994 1  -  RENT CONTROL TO STAY By FONG MEW LENG THE Urban Redevelopment Authority's 10th sale of sites will inject more than 1,000 housing units into the property market to meet the expected increase in demand brought about by the liberalisation of Central Provident Fund regulations. This
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  • 240 1 BANK deposits of residents rose sharply by $860 million in October compared with a monthly average increase of around $200 million in the previous three months. The November statistical bulletin, released by the Monetary Authority of Singapore (MAS), attributes this to unsuccessful applicants of Keppel
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  • 446 1  -  By LEE YOKE MENG SINGAPORE Airlines (SIA) is still in the international bankers' best books despite the uncertain future facing the aviation industry. The airline obtained on Tuesday, at extremely fine rates, a US$5O million medium-term loan from a consortium of seven foreign
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  • 345 1 THE International Air Transport Association (lata) has said Singapore's increased charges for the new Changi Airport is justifiable. This was the conclusion from a two-hour meeting between the lata User Charges Committee team, the Department of Civil Aviation (DCA) and the Board of Airline Representative (BAR) at
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  • 295 1 A CPF member who ku oatstaadiag overdrafts sheared by a mortgage on his residential property caaaat ase Us CPF anvIngs la pay «A the martgage la Jaw next year whea the new hsaslag scheme eemes lata eperatiea. This was rosflmud by the
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  • 355 1  -  By RONNIE LIM ELEVEN weeks into the Iran-Iraq war, Singapore oil companies are still fairly resilient with few visible signs of strain in their stock levels. The only casualties so far are shipowners, who are facing a seemingly endless increase in the price of
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  • 135 1 IT WAS another gloomy day at the Singapore stock market yesterday as share prices underwent further erosion. The market remained in the control of sellers for almost the entire day and as a result, the Straits Times Industrial Index fell by another 13.54 points to 664.57,
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  • Page 1 Advertisements
    • 0 1 ]$&%./^{%;>!~>"\[?,}>+]~?&};}/"
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    • 135 1 ASIA RESEARCH BULLETIN CCvA K0 This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8,000 words each There is
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    • 68 1 wm SHIPPING TIMES THE mtttgement of constrnctieo projwW ■■■■■■■■■■■■mi 2 REPERCUSSIONS of a bickering European Community I HOW Mltsni handles Its nightmare In Iran 7 TOYO Trust sets np an office hwe.......................................~. 9 ANALYSIS of Straits Trading's sffer for SBS shares 11 CALL for a Western deterrent against 50viet5.......................... It
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    • 150 1 >;, Leader...page I HERMES SWISS PRECISION V You get more value from the Hermes 808 than any other ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter, you know you're in the hands of a very special machine. There is no
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  • PROPERTY & CONSTRUCTION
    • 1051 2 How do property giants in the world get to where they are the pinnacle of the industry? It is certainly not through luck alone or with the wave of a magic wand. The answer lies in their painstaking development of a highly organised and efficient
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    • 637 2  -  By CATHERINE ONG THE Hongkong Land group will soon embark on its first major property project in Singapore the $30 million new Fitzpatrick's supermarket in Orchard Road. The latest project will signal a more active involvement by the group in the local
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  • Page 2 Advertisements
    • 266 2 After talking to us,YongTai Loong opened up a lot more doors. i-'*t m- J i if Ik' II I H l| N M ii m 1 v I II VI 7 i i 1 I i r Hi >KDBS The history of Yong Tai Loong dates back to 1958, when
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    • 81 2 Portable Non-destructive Perfect Insulation Analyzer PI-6000 Small, compact versatile and easily handled with functions comprising Megger Method High D.C. Voltage Method Partial Discharge Detection Method Corona Discharge Detection by Headphone r used in Japan Max. output current: 1.2 MA at 6000 Vott Insulation resistance: From 5 M to ***** M
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  • REGIONAL
    • 223 3 AFP DETAELS of how joint ventures with foreigners will be taxed in China were given by the South China Morning Post. The Hongkong paper, citing the vice-president of China International Trust and Investment Corporation, Mr Wu Zi-Chao, said income tax will be charged at
      AFP  -  223 words
    • 87 3 Reuter THE PHILIPPINES recorded an overall balance of payments deficit of US$95.l million in October against a $50.3 million surplus in September and a $51.3 million surplus in October 1979. Central bank statistics show that the overall deficit for the first 10 months of 1960 totalled
      Reuter  -  87 words
    • 531 3 Reuter JAPAN'S Gross National Product rose a real 1.5 per cent in the July- September quarter. The Economic Planning Agency (EPA) said this was a sharp 0.8 per cent rise from the previous quarter. In nominal terms, the July-September GNP rose 2.9
      Reuter  -  531 words
    • 291 3 AFP JAPAN may find itself alone in the dock during the economic summit next year in Ottawa if it keeps refusing to share common economic problems. Special French trade representative Francois Missoffe said he proposed that Japan and France jointly seek solutions to the
      AFP  -  291 words
    • 128 3 UPI NISSAN Motor Co and Volkswagen AG have reached a tentative agreement to produce Volkswagen passenger cars in Japan, Nissan president Takeshi Ishihara said yesterday. The chief executive of Japan's No. 2 car manufacturer told a news conference that a study group formed by the two car
      UPI  -  128 words
    • 138 3 AFP THE JAPANESE government is considering a moratorium for Iran-Japan Petrochemical Company (IJPC) for the payment of interest on government loans extended to the company. Japanese officials said the Minister of International Trade and Industry, Mr Rokusuke Tanaka, told the cabinet that the government should
      AFP  -  138 words
  • Page 3 Advertisements
    • 166 3 Sr v in the total price! Right next to the ski slopes too.' i > i >\ i in we thought we'd listen to the Brahms concert tonight. So lovely looking out over the mountains." m •T' m UVCI S S Name Please send me your full colour Club Med
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  • RAW MATERIALS
    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattta yara: China Blue Phoenix 20b 1,990 32s 2,740, 40s 2,960 (per bale of 400 lbs). Piece gMds: China Butterfly and Globe brand unq, Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 325 4 SINGAPORE: Yesterday's closing prices in SS per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.12, 100 per cent second class 0.95, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.82. THAI BROKEN: A-super 0.76, Special 0.73.
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    • 131 4 Reuter THE price of sugar plunged further on commodity markets on Tuesday, continuing a swift fall caused by a loss of confidence in sugar among speculators which has brought its value down by more than 25 per cent in a month. In London sugar for delivery in
      Reuter  -  131 words
    • 183 4 THE Slagapare market closed slightly higher yesterday with December One RSS buyers quoted at 297.00 cents per kilo, up 1.50 cents from Tuesday's close, dealers said. Morning prices were marked up slightly after alternating on short-cover-ing interest and some selling. Afternoon prices were quietly steady with prices maintained around
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    • 308 4 RAS prices In cents per kilo yesterday: Moon (1 jer kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 293.50 294.50N 293.50 294.50N Int. 1 R.S.S. December 297.50 298.00 297.00 297.50 Int. 1 R.S.S. Jan 1981 304.00 304.50 303 75 304.25 Int. 2 R.S.S. 282.00
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    • 107 4 NOON SSRu td SMR 1 RA8 December (Carreat Mtb) Jaauary (Forward Mtfc) Buyer* Sellert Bayer* Sailor* SSR (l-IOf > pallet) 242-00 244.00N 244 00 246.00N SSR 50 (1 tot > pallet) 238-00 240 OON 240.00 242.OON MRBLB SMRCV (ltd i pallet) 290.50 292.50N 292 50 294.50N SMR
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    • 38 4 Rubber Dec 3 Singapore: 297.00 cents (up 1.50 cents) Malaysia: Dec: 307.00 cents (up 1.00 cents) Tin: M 51,895 (down $10) (equivalent to $31.33 per kilo) (down 17 cents) Official offering: 200 tonnes (down 40 tonnes)
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    • 71 4 THE Straits tin price in Penang yesterday fell another Mill to $1,8*6 Kpicul ($3l-S3 per $25$ below the International Tin Agreement ceiling, dealers said. Sentiment remained weak with reduced baying at the lewer levels. Sterling's weakness against the Malaysian dollar and poorer evernight London advices contributed to the
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    • 95 4 Reuter SOVIET 1960/81 season imports of vegetable oils can be expected to jump by more than 50 per cent above last season's level, the Hamburg-based weekly publication, Oil World, said. Largely as a result of this year's unusually small Soviet sunflowerseed crop, Oil World estimates Soviet
      Reuter  -  95 words
    • 174 4 CHINEBE Produce Exehaige, Singapore, closing prices per lMkg yesterday: Ciei—t «II: Bulk fob $140.00 sellers, old dnun (In second hand drum) fob $152.00 tellers, new drum fob $160.00 sellers. Copra: Mixed (loose) $81.00 buyers. Pepper: Muntok white pepper fob Am NLW $415.00 sellers, Sarawak white pepper faq fob
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    • 202 4 CHICAGO soybean futures on Tuesday finished around the middle of a 22 V« US cent range, down 19V« to 7 cents a bushel. Steady local short-cover-ing in reaction to dried up selling pressure held prices above the day's lows, traders said. Values received spillover support from a rally in
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    • 213 4 WHEAT futures in Chicago closed unchanged to down four US cents a bushel in moderately active trade on Tuesday. Prices settled near the top of an 11-cent range. Active local short-cover-ing in the oversold market, in reponse to a price recovery in oat futures, carried values to the day's
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    • 861 4 COFFEE: Robusta futures yesterday ended the morning £3 higher to £5 lower in a volume of 552 lots. Dealers said commission house buying helped erase early losses of around £6 which were based on New York's overnight trend. An easier sterling contributed to the steady tone but business
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    • 95 4 THE Malaysian palm oil market continued slightly lower in quiet trading yesterday, dealers said. January eased MJ7.50 to $977.50 per tonne in the Central Region and the Northern Region traded at $990. The reunuu market remained featureless on lade of overseas de»mand. LONDON: Tuea Previous Malaysian 5% ffa
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  • ASIAN STOCKS
    • 562 4 TOKYO Reuter SHARE prices closed mixed in moderate trading yesterday with uncertainty dominating following an increase in US interest rates and the yen's sharp rise against the US dollar. The market average fell 1.86 points to 7,141.20 with volume at 300 million shares. The
      Reuter  -  562 words
    • 321 4 EXTREME volatility was the major characteristic of yesterday's trading session. The market opened lower than Tuesday's closing levels but firmed up quickly The buying lasted only a few minutes before the market was swamped by sellers Rumoured forced margin selling helped push the market down with increasing velocity. 4
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    • 374 4 SELLING rose sharply yesterday following rises in domestic and US interest rates, brokers said, v Resource-related stocks tended to attract the heaviest selling A few banks, however, managed small gains on news of a one per cent lift in mortgage rates and a 2 per cent rise in the
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    • 243 4 SHARE prices moved lower again yesterday in the absence of buying support in weak trading, dealers said. First Trust, Saha Union and Jalaprathan Cement fell 2 baht each to 52.50, 188 and 114 baht respectively. Asia Credit dropped 3 baht to 125 and Rama Tower 1.50 to 86.50 baht.
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    • 139 4 The market closed easier yesterday with turnover dipping to 7.03 million pesos from 7.08 million pesos previously, dealers said. First Phil Holdings was the lone gainer while Acoje Mining, Basic Petroleum, Podco B and PLOT closed lower. Other counters were unchanged or untraded. DEC 03 Pesos Acojc Mining an
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    • 50 4 FINANCIAL TIME8 INDUSTRIALS Tuesday 481.7 Monday «3-3 Week Ago *97-3 DOW JONES AVERAGE INDUSTRIALS Tuesday «74.40 Monday 868.45 Week Ago 882.68 H.K.HANG SENG Wednesday 1308X11 Tuesday 1381-38 Week Ago 1523.68 8YDNEY INDUSTRIALS Wednesday 780.78 Tuesday 770.01 Week Ago 765.83 ALL ORDINARIES Wednesday 1010.28 Tuesday loas.lg Week Ago 1022.18
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  • Page 4 Advertisements

  • OVERSEAS
    • 157 5 AFP PRESIDENT-ELECT Ronald Reagan has chosen at least eight of 13 members of his cabinet, which appears likely to include General Alexander Haig as secretary of-state, a reliable source in Washington said on Tuesday. The appointment of General Haig, former commander in chief of the North Atlantic
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    • 110 5 Reuter LEGISLATION empowering the US president to negotiate limitations on car and truck imports won swift passage in the House of Representatives on Tuesday but its fate in the Senate was uncertain. The legislation, backed by US car companies and the United Auto Workers trade union,
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    • 451 5 THE Soviet Union on Tuesday published the draft of its new economic plan for 1961-85, including highlyflexible energy targets, relatively moderate industrial growth and unusually high targets for grain production. The draft will be submitted for nationwide discussion and then approved with amendments
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    • 276 5 Reuter TEXTILE workers throughout the European Economic Community (EEC) on Tuesday downed tools for one hour to protest against the EEC policy of imports from low-cost third countries, a trade union official said in Brussels. It was the first such strike on a West European scale. The
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    • 184 5 UPI CHINA, still rankling over controversial comments made by one of Ronald Reagan's foreign policy advisors, issued a warning yesterday against upgrading the US-Taiwan relationship to an official status. Quoting Ray S Cline as having told reporters in Taiwan on Sunday he advocated a permanent
      UPI  -  184 words
    • 167 5 Reuter ARAB oil producing countries said on Tuesday the possibility of a prolonged Persian Gulf war made a world oil crisis more likely and Opec could not always make up shortages. The Organisation of Arab Petroleum Exporting Countries (Oapec) accused Western oil importing countries of
      Reuter  -  167 words
  • Page 5 Advertisements
    • 164 5 This announcement appears as a matter of record only PERSTirU PERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) SDN. BHD. M 582,000,000 SYNDICATED TERM LOAN AND WORKING CAPITAL FACILITIES Guaranteed By KUMPULAN FIMA BERHAD MALAYSIA MINING CORPORATION BERHAD PERBADANAN KEMAJUAN EKONOMI NEGERI JOHOR LEE PINEAPPLE CO. (PTE) LTD UNITED MALAYAN PINEAPPLE GROWERS CANNERS
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  • 318 6 LIKE our spot oil market, the rising bunker prices may be an anomaly in a world oil situation that seems to have slipped into a period of relative calm. The Iran-Iraq war is a continuing threat to this calm, and hovering on the horizon is
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  • 215 6 IT WAS none other than the Minister for National Development himself who warned of the possibility of speculators and developers entering the property market at current high prices getting their fingers burnt. It should be realised that just because forecasts from most quarters point
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  • 1025 6  -  President Ne Win's careful compromises between socialism and capitalism are bearing fruit. The Burmese government's most politically significant success has been in rice production. PAUL WEDEL elaborates. PAUL WEDEL UPI FUELLED by international reform, international aid and its vast natural resources, the Burmese economy is picking
    UPI  -  1,025 words
  • 807 6  -  FORUM i with FLORA LEWIS NYT THE EUROPEAN Community's winter summit seems to be going smoothly. That is not good news for either Europe or the US. According to one veteran participant, the nine scarcely argue with each other anymore. Instead, they tend to
    NYT  -  807 words
  • Page 6 Advertisements
    • 155 6 Seven Star Leather-bound Diary. \bur exclusive and prestigious record for daysy months and years. 52 mJZStm. m Seven Star offers you the complete diary system. Select the individual sections that will suit you, and put them in to make up a diary tailored to your very own needs. Sections can
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  • Page 6 Miscellaneous
    • 1333 6 MRWDTO Debate '80 Finals 18 THERE u attltade af la Stogspere today? The Ngee An Tedurieal Callege aad Ike laatttoto tt Eiietttoa will Mite m tola topic la Ualgkt's Debate '81 Flaato wMeh will be televised at 7JI «a ehaaael 8. Over aa ehaaael S at araaad the same ttaie,
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  • 2098 7  -  The history of Mitsui's ill-fated Iranian commitments goes back to the year 1968. HENRY SCOTT STOKES explains how the Arab-Israeli war, followed by the explosion of oil prices and, recently, the Gulf war have affected Mitsui's failing petrochemical project in Iran, and how the Japanese
    NYT  -  2,098 words
  • 693 7  -  BANKING PROBLEM IN IRAN By JONATHAN SHARP Reuter WHEN a western reporter walked bit* a Teheran bank recently carrying a handle of Iranian currency to deposit, he was greeted with acclaim hy harried-looking hank clerks and a group of disgruntled customers. The reporter's arrival helped the
    Reuter  -  693 words
  • Page 7 Advertisements
    • 147 7 from now, your Matthew Norman carriage clock could be worth a king's ransom Inspired by one of the greatest horologists in history Abraham-Louis Breguet Matthew Norman designers and craftsmen have succeeded in recreating some of the most famous of all carriage clocks. Handcrafted from the finest materials, the Matthew Norman
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 206 8 UEH' 02 Ms abn 284 00 2 Ahold 68 50 -05 AK/o 1640 -06 AMEV 94 30 -1 Amtas ***** unch Amrobnk 57 50 -1.1 26 00 Berk 53 00 Bols 56 10 -04 Borsumij ***** -4 Burhmann 57 00 -15 Byt>n)(nr( 38 00 -05 (.'aland 28 60 -03
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      • 279 8 DEC 02 Fis CORBEILLE Air-Liquide 522 •14 b S N Gervjis -51 Dunone 1098 CSt" iThomsonCsl) 446 -9 Oe Francaise des Petrols 254 -7 Compagme Financier* Compagnie 380 -10 Generale Credit Foncier 435 -1.5 Ue France Hachette 10 (Ubrairie) 335 Machines Bull 55.65 -225 Michelin (B| 740 -13 244
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      • 222 8 DEC 02 Dm A»|-Tfklun»fn 72 80 -03 Akxo 15 20 Allz Leben 1080 00 unch Allz Vers moo -2 BASF ***** 0.3 Bay H T Wbank 233 00B Bay Vbank 300 00 Bayer ***** -06 BBC 268 50 -7.1 BMW ***** -08 Cassella 308 00 -5 Chem Verm moo
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      • 96 8 DEC 02 Fr» FORWARD MARKET Actc 300 -6 Arbfd 1110 -40 A slur 306 -22 Brase an 958 -6 Br u-Lamb 1004 -6 Canpar 1246 -4 Cock 140 •35 De Bffrs 359 Ebes IMS -30 Electrobel 3880 -180 Gb-lnno-Bm 1980 -ao G*v 1278 -2 Hobok 2500 -5 Petro 5380
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      • 185 8 DEC 02 Francs Actions Suisse* 296 -1 10 Alusuuse Br n» Alusuisse Reg 442 -2 Brown Boveri Br 1500 -20 Ciba Geigy Br 830 -S Ciba Gelgy P C 756 unch Ciba Gelgy R*g 552 -7 Cmlit Suisse Br 2620 -i Credit Suisse Reg 439 •1 Elektrowatl Br 2605
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      • 100 8 DEC 02 Lire Ante «55 -045 Assoc Gen ***** -880 Bastogi 708 •20 Central? ***** -574 Fiai 3680 -50 PinMder 85 -2 Gen Immob 2149 •II IFI Pri 4470 -79 ILalcementi ***** -850 1La leas 1690 -90 IlalMder 300 unch Magneli M Pf 6X -62 Marelii Err 348 -4
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      • 193 8 OKI' 02 C* AbilitM 25 .i, Aican 42 •'i Algoma 3* uneh Bank Mont 34 Bank Nova Scolia Bfll Tel 20 Beih Corp BP Can Ltd 40 •1 Brasran 36 Camp K<d Lakr 78'. Can Imp Bk 27 Canpac 48 unch Canpac Inv Pt 20 Carting O Kr*Ir 10
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      • 324 8 DEC 02 Rand INDUSTRIALS A Alpha 420 A be r com 342 unch AE And CI 900 *40 AMIC 2575 75 Barlow* 1120 -20 Cg Sugar CNA .7. 540b Curne Finance 220 unch De Beers Ind Edcon €75 5 Edgars 8850s unch Eveready Fed Volk 520 unch Kugit 240
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  • Page 8 Advertisements
    • 634 8 See Page 4 for Asian stocks and Page 9 for New York prices Where to wine, dine and entertain Getaway to Sentosa i Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY—THURSDAY (except public
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    • 178 8 Q J h The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear with "The Zodiac" Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome' Wfwe a CockprtMoteJ Oxley Rise/Pen«ng Road, Singapore
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  • BANKING AND FINANCE
    • 453 9 THE RAISING of prime lending rates in the United States did not help the US dollar, as it weakened against major currencies in the foreign exchange market yesterday The dollar opened at 216.25/30 against the yen. But export coverings plus some yen conversion of bonds sent the dollar
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    • 124 9 THE US dollar was quoted sharply weaker against the yen yesterday in late exchanges on brisk commercial demand for yen and following favourable economic indicators from Tokyo. Dealers said the currency was aided by news of a sharp 1.5 per cent rise in Japan's gross national product in the
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    • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.8 per cent.
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    • 184 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Dec 3: US Dollars* 8pot) Offer Bid 7 days 18". 18". 1 month 17V, 17H 2 months 17 15/10 17 13/10 3 months 18 17% 6 months 16% 1616v« 0 months 15'* 15 v. 12 months 15H 15% S«M
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    • 48 9 RANGE of prices offered by discount houses on Dec 3: Overnight: 3 to 7V«% Call deposits 6"i to Closiag Baymf Sellis( 3-month Treasury bills 813/18 611/18 3-month Bank bills 14 3/16 14 1/16 3 months CD 13V* 13H 6 months CD 13 12% Source: National Discount Co
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    • 40 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for $90 million 91day Treasury bills to be issued from Dec 8 to Dec 12. Each tender must not be for less than $250,000.
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    • 40 9 OPENING quotes on Frankfurt exchanges yesterday: US 1.9430/40 (1.9412/22) Sterling 4.556/561 (4.555/ 565) Can 1.6290/309 D F1 92.36/46 S FY —110.78/91 Lit 2.104/114 F FY 43.15/21 N Kr 38.06/11 B FY (con) 6.222/310 B FY (On) 6.204/214 Yen 0.9062/80
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    • 45 9 CLOSING quotes on Zurich exchanges yesterday: US —1.7520-7530 Sterling 4.1111-1146 Can -1.4701-4715 DMk-90.1696-2538 D F1 83.2304-3373 F Fr 38.8988-9556 B Ft 5.6118-6186 D Kr 29.4009-4300 N Kr 34.3597-3928 S Kr 40.1559-1926 Lit 0.1903-1906 Aus sch -12.7118-7283 Port 3.3150-3327 Spain 2.2542-2590 Arg 0.065-095 Yen 0.8119-6131
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    • 664 9 Nunfear Mcjtto Gran Coupan Amount bitavtst of toy* Mddbftfca 1 f(J«7^)hor Maturity taar Raiitd Rat* (S mm) o< Acenwd (tidutfc* (1 P) P») Dates Martst accnwd Maratt) 13.81 Loan 1 1979 5W 50.00 1/3. 1/9 90 9960 680 15.4.81 Loan
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    • 413 9 GOLD futures recovered between US$l to $3 an ounce in late trading yesterday in line with the marginal rise in Hongkong, but the market still closed easier on balance compared with overnight levels. Trading was quiet throughout the day with market sentiment still underpinned by increasing tension between Syria
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    • 43 9 Ttoa Mm New York 18.36B 18 KB 18 OS 18 85S Zurich 18 20B 18 COB 18 SOS 1900S Singapore WN 18J0B XM 18 50B W 80S 18.S0S Closing prV ■e* In US dollar* a troy ouno Source: Credit Suisse, S'pore
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    • 180 9 THE US dollar yesterday recovered after early weakness against most currencies in somewhat uncertain and thin trading. It was quoted at 214.55/75 yen after opening at 214.10/ 25, down on the Tokyo close of 214.10/30 and the close in London on Tuesday at 216.40/55. The dollar's weakness against the
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    • 219 9 THE US dollar for overnight delivery closed sharply weaker at 214.30 yen yesterday, compared with a 216.00 opening and 215.50 at Tuesday's close, dealers said. Trading was active but nervous with volume at US$l.OB billion. The dollar fell further to the week's low of 214.10 yen in moderate late
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    • 216 9 Reuter BORROWING on international financial markets next year is unlikely to exceed the US$lO5 billion to US$llO billion expected to be raised in 1980, the Organisation for Economic Cooperation and Development (OECD) said. Its latest FiiuuicuU Markets Trends survey forecasts that OECD countries
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    • 81 9 BANK of Tokyo will raise its recent floating rate certificates of deposits (FRCDs) issue from US$2O million to US$25 million due to investors' demand. Its lead manager, Morgan Guaranty Pacific, said the three-year issue was almost exclusively placed in the Asean countries. The coupon rate
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    • 56 9 THE MONETARY Authority of Singapore has raised its rediscount rate for export and pre-export bills by half a point to lOVfc per cent since Dec L This is the fifth increase since September when the prime rate here started its upward trend.During this period, the rediscount rate
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    • 445 9  -  By ALVIN TAY TOYO TRUST and Banking Company Ltd, Japan's youngest trust bank, will open its representative office in Singapore next Wednesday. In an interview with Business Times yesterday, Mr Tadasu Oshima, the Singapore representative, said the office here will cover regional countries
      445 words
    • 463 9 Reuter LEADING banks in the United States raised their key interest rate to 18.5 per cent on Tuesday, the highest level for seven months and close to the record 20 per cent reached last April. Chase Manhattan, America's third largest commercial
      Reuter  -  463 words
    • 931 9 THE NEW YORK stock market on Tuesday i «covered In the final hour a( trading to close mixed, with the Dow Jone* Industrial average up Ave points but declines leading advances two to one. Volume rose to 53 million shares from 46.18 million on Monday. Analysts said
      931 words
  • Page 9 Advertisements
    • 181 9 .J restaurant J Deep Fried Pigeon Don't miss the dining experience of Chinese Hunan Cuisine r Exp&mJfffZ Business Hours: ri^ded S Daily 11.30 am 2.30 pm J 6.30 pm IC.3opm 214 Dunearn Road inn Sin 9 a p° rell29 llvJ II If 1 Tel *****49.25; Tel: *****49.*****22 Small business making
      181 words
    • 283 9 MEDIC-ASIA* 81 S.E.Asia 2nd International Medical Hospital Equipment Exhibition Conference Recent trends in health care involve more automated devices to bring about rapid diagnosis and treatment. More disposable materials eliminate the nak of contamination and re-infection. More postoperative and rehabilitation equipment cuts down patient time spent in hospital. Improved designs
      283 words

  • 1767 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONEINDUSTRIAL A COMMERCIAL Acma (3.465) (1)
    1,767 words
  • 88 10 OUB-MONTAGl (Miaftn' prtea iter Dae 4) Union Spore Fund 124 1.29 INCOME BOND UNIT Income Bond 1.38 1.44 MARA BUND PVIU tar Dm 4) Flrit B puira 5.35 540 Second B'putra 4.20 4.25 Third B'putra 4.28 4.33 Fourth B'putra 4 41 4.41 Fifth B'putra 3.11 3. IS Sixth
    88 words
  • 2741 10 Gr'g Git's Net 1980 Last Div Div Y'ld P/E Vol Dav High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 344 unch 15.0 2.8 4.3 13.5 2 346 344 300 220 Alcom 300 12.0 2.5 4.0 17.0 149 116 Allied
    2,741 words
  • 1942 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots o( 1,000 units, unless otherwise specified. INDUSTRIALS AJU!■ ill (3.225) Almm (2 MB) (4) 2 98 (1) 2
    1,942 words
  • 722 10 BUYING wnwrt wu hardly dtaceralWe at the BRagapore stock aukM yesterday aa tet prices cMttoaed I* lone gnaai Ualike prevtoas mriHi where the dMhg mliitea saw flstfaet erWeaw M kajhg htowt, yesterday's perfMMMe proved a dlmpEvea ap U the flaal heU, sellers were «till
    722 words
  • 597 10 THE Kuala Lumpur stock market continued to weaken yesterday with prices yielding heavily at the close. Trading throughout the day was generally cautious and erratic, as reflected in the day's turnover which shrank to 5.55 million units against 6.09 million units traded on Tuesday. News of
    597 words

  • COMPANY NEWS
    • 998 11  -  Singapura Building Society has received two takeover bids. In this second of two articles, CATHERINE ONG examines Straits Trading's share swap offer. CATHERINE ONG STRAITS Trading's counterbid for Singapura Building Society (SBS) has been greeted with mixed reactions by the market.
      998 words
    • LATEST RESULTS
      • 54 11 FRASER Neave has re- ported group pre-tax profit of $21.57 million ($18.76 million previously) for the first six months ended Sep 30. Net profit was $12.19 million ($11.07 million previously). An interim dividend of 7 cents less tax (8 cent unadjusted) will be paid on the capital increased by the
        54 words
      • 130 11 announced unaudited group net profit of M 5319,000 (11.01 million previously) for the six months ended Sep 30. An interim dividend of 10 cents gross (40 cents) will be payable on Jan 26 to shareholders registered on Jan 7. Earnings per share works out to
        130 words
      • 98 11 announced an unaudited net profit of M 53.21 million ($4.06 million) for the six months ended Sep 30. An interim dividend of 155 cents (200 cents) will be payable on Jan 16 to shareholders registered in its books on Dec 29. Earnings per share works out
        98 words
      • 45 11 announced a second interim dividend of 15 per cent (30 per cent) for the year ended June 30. The dividend will be payable on Jan 23 to shareholders registered on Dec 29, making total 23 per cent (45 per cent).
        45 words
    • 173 11 IN REPLY" to a query by the KLSE, Faber Merlin said it was not aware of any reason for the substantial turnover in its shares. Faber also said there is no important matter pending announcement. FOLLOWING shareholders' approval of its investment in Newman Industries, Cyele and Carriage has
      173 words
    • 368 11 Date Last Fall Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Div. Profit <%) <$1«) PMRI I 20/11 30.4 20.0 5,546 PMC I 20/11 24.2 10.0 8,718 Fraser Neave I 23/11 30.0 26.0 40,398 Msian Ctainers I 26/11 24.2 22.0 8,147 Berjaya Kawat I 27/11
      368 words
    • 264 11 Reuter CHEUNG Kong (Holdings) of Hongkong has agreed to acquire 14.89 million new ordinary HK$l Lee Hing Development shares in exchange for 2.52 million new ordinary $2 Cheung Kong shares. Cheung Kong further agreed to acquire the total issued share capital of
      Reuter  -  264 words
    • 30 11 SHAREHOLDERS of Synthetic Resin have approved the company's bonus issue of one-for-two. FUJITEC has informed the SES that its dividend payment will be made on Dec 18, I960.
      30 words
    • 810 11 MONTH WAS THE giddy heights of the previous months could not be endured very much longer and mid-November saw the Singapore stock market taking its first major dip in weeks. But the downturn did not come until the market had set another record for itself. Although the
      810 words
    • 809 11 mm® mm™ HOCK LOCK SIEW THIS paper "raised the wind" barely four months ago when it devoted three writeups to investment trusts in a single day. It was more than our readers could bear, so the feedback indicated. But the impact created was at least pleasing, for
      HOCK LOCK SIEW  -  809 words
  • Page 11 Advertisements
    • 587 11 ftrrfrr (MALAYSIA) BERHAD (Incorporated in the Federation of Malaya) NOTICE OF EXTRAORDINARY GENERAL MEETING In order to reflect properly the sharholders' funds utilised in the business, the Board has recommended a bonus issue and for this purpose, NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting will be held at
      587 words

  • 258 12 Reuter A GROUP of US and Japanese foreign policy experts yesterday called for an American-led force to be set up in the Middle East to deter the Soviet Union from jeopardising oil supplies. Their report, issued in Washington and Tokyo, recommended a major Japanese
    Reuter  -  258 words
  • 119 12 AP A CONSORTIUM of Japanese companies voiced concern yesterday over news reports that the Chinese government had decided to postpone construction of a three billion yen (US$l4O million) chemical plant in Beijing because it would use too much water and pollute the air. A spokesman for the
    AP  -  119 words
  • 176 12 THE Asian Development Bank (ADB) has approved a US$l9 million loan for a vocational and industrial training project in Singapore. The project involves the construction of a new Vocational Training Institute at Ang Mo Kio, the upgrading of the Pasir Panjang Vocational Training Institute,
    176 words
  • 69 12 THE United States offered additional clarifications yesterday to its latest proposals for freeing the 52 hostages, with hints Iran should accept them because President-elect Reagan might offer tougher terms. Deputy Secretary of State Warren Christopher delivered the latest proposals to Algerian foreign minister Mohammed Benyahia on Monday
    69 words
  • 432 12 EMPLOYERS, professional bodies, tertiary institutions both local and abroad have been urged to recognise the certification of a national commercial training system soon to be implemented by the Vocational and Industrial Training Board. Making the call yesterday was the Minister-in-charge of the VITB, Dr
    432 words
  • 805 12 LONDON, Wed. Share prices opened easier in fairly active trading, on concern over the recession and the rising trend in US interest rates, dealers said. Industrial leaders were marked up to 5p lower, with dealers noting some selling at Government bonds opened easier in quiet trading, dealers said.
    805 words
  • Page 12 Advertisements
    • 137 12 Leader...page C THOSE WHO KNOW DRIVE ihe magnificent MAZDA 929 Legxto A new dimension to prestige motoring affordable luxury. Superbly appointed, magnificently finished, a prized possession amongst fine cars. ¥> A. G> a a t V I *1 4 g S "S t I ASIA MOTORS we know Mazda better
      137 words
    • 246 12 Wedding Ends In Fight The recent wedding of two well-known companies ended in a fight, it was reported today. The two companies had previously signed documents agreeing to a merging of interests. The trouble broke out when the president of one company lost his temper over the power costs of
      246 words
  • Page 12 Miscellaneous
    • 59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hoars prior to 7.39 p.m. on December 3 at the airport. Maximum temperature 28.6 Associated humidity 82 Minimum temperature 22.7 Associated humidity 98 Hours of sunshine 0.50 Rainfall in millimetres 19.9 Total rainfall for the
      59 words

  • SHIPPING TIMES
    • 640 13 Shipping Line P»ge C«l ■Adriatic IV 5 "Afea VI 3 Afro-Eurasia VI 2 -Alltrans VI 5 Alpac VI. 5 Angkutan VI 4 ANL I 1 Antoll vn 5 APL m 4/5 Achipelego vn 2 Argentine IV 4 ASCL m .1 Asia Merchant IV 2 Bangladesh vm 3
      640 words
    • 625 13  -  By LINDA CHEE SINGAPORE ship manager and operator Kapal Management is negotiating with Swedish-based Crown Carriers to join their pool of product tankers sometime in 1963. Sources say the management of Crown Carriers has approved in principle the application from Kapal Management. Negotiations
      625 words
    • PORTSIDES
      • 118 13 THE Federation of National Associations of Ship Brokers and Agents, Fonasba, during their recent annual meeting in Bordeaux recommended that member associations continue to press shipowners to pay to their liner agents commission on freight plus all surcharges. Liner agents pointed out that through surcharges they secure
        118 words
      • 69 13 UPI THE 18,257-deadweight ton freighter Multan, ordered by Pakistan National Shipping Corp, has been turned over to its owner, its Japanese builder said on Tuesday. Mitsui Engineering and Shipbuilding Co said the Multan was the last of two ships of similar type ordered by the Pakistan corporation. The
        UPI  -  69 words
      • 79 13 AFP THE Jeuro Container Transport Company, which operates a container service between Britain and the Far East via the Trans-Siberian Railway, has announced that it would peg its freight rates at the present level at least until April. It has thus refused to follow the lead given recently
        AFP  -  79 words
    • 281 13  -  By LEE YOKE MENG THE NEDLLOYD group of companies is about to strengthen its transport and forwarding position in the Far East in line with the increasing Dutch emphasis on this region. According to Mr A J Rouwenhorst, managing director of Damco Offshore, an international
      281 words
    • 953 14 rcL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB 'and S ,d,U,M b> ShWin > premlUsTrSrSmg^?,^ 1 Clrg MMna to \in nm. reCe 1Vlng 7 da s before vessel s arrival. (li) Closing time of receiving: !h! fri" r?»Xr> INER 24 hours before vessel s arrival. (b) LCL
      953 words
    • 1455 14 ACTIVE time-chartering featured the freight market with fresh grain activity still slow to develop on Tuesday following last weeks US holiday. Chinese operators continued to show interest and secured a 27,000 tonner for a time-charter voyage from Varna to China at USSIO.OOO daily. A vessel of 15 dwt
      1,455 words
    • 397 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (Passenger) (1230 after Daitoku Mam No 31) 45 Cherry Singa (0530 hauls 118 m west) 27/28 Fujikawa Maru (Tanker) (after Bangsaen, P/O, subject gas free) 15/16 Flavia (after Jastamia Bor) 38/39 Jenson (after Tanja Holwerda) 22 Kim Ann (Passenger) (0600 after
      397 words
    • 460 15 A JAPANESE tanker with a pair of sails is plying the East China Sea two or three times a month, transporting oil products between Japan and China. The 1,354 tonne deadweight ShlnAltoku Marti, energy hungry Japan's latest idea for saving energy, is the world's only
      460 words
    • 237 15 AP THE Japanese Foreign Ministry has rejected as "totally groundless" Soviet claims that a Russian cruiser sunk in the 1904-5 RussoJapanese war, reportedly with millions of dollars worth of gold bullion on board, belongs to Moscow, rather than Tokyo. The Foreign Ministry said in a statement
      AP  -  237 words
    • 1022 15 Seatrade THE RATE chaos on the eastbound trade which has prevailed for the better part of the year, has forced down rates on some key commodities by as much as 30 per cent since last March. And it is by now evident that with
      Seatrade  -  1,022 words
    • 1919 19 SCHEDULE A guide to ships loading at Singapore for Ports around the Worldi The list below tabulates, by popt of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      1,919 words
    • 727 20 BRAZIL-Karea: Japan's 'K' Line has picked up a twoyear contract for the carriage of between 650,000 to 900,000 tonnes of iron ore annually from Brazil to South Korea. Pohang Iron and Steel, which is in the midst of a major expansion programme aimed at increasing production by 70
      727 words
    • 456 20 AP NORWEGIAN authorities on Tuesday authorised continued work aimed at uprighting the 10,000-ton disaster rig Alexander Kielland at Stavanger harbour. The government had temporarily stopped the work last Friday. The national shipping agency then said it considered the new plan for refloating the rig
      AP  -  456 words
    • 209 20 AFP CHINESE vice-Foreign Minister Han Kehua yesterday summoned Dutch ambassador Johannes Kneppelhout to formally protest against the Netherlands' decision to sell two submarines to Taiwan, the Dutch embassy in Beijing reported. Although the embassy declined to give further details, observers interpreted the move as a
      AFP  -  209 words
    • 242 20 BOREDOM on board ships delayed by port congestion can lead to theft, which can escalate into large-scale marine fraud, an insurance executive told a Sydney marine seminar organised by the Insurance Institute of New South Wales. Mr Henri, of the Insurance Council of Australia
      242 words
    • 1626 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Acfipefcfo RT Transportation (S). Adriatic Container Continental Feeders (S)/Cargo Freight (PK) AFEA Singapore Shipping Agen cies (S)/Euro-Asia Line (PK/PN) Afro-Etvasia Line Transgroup Pte Ltd (S) Alfred C.
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  • Page 13 Advertisements
    • 311 13 nu-swiftSs A great name in tire fighting Sole Agents: Borneo Sumatra Trading Co (S) Pte Ltd L Approved SFB Service. Tel: *****35 IA RI) 1\ I AN I AH Orient Overseas Ca*d(U*teA. Line n s s ai mrt 'mm ir m FULLY CONTAINERISED SERVICE TO THE MDOLE EAST Dvcct cjl
      311 words
    • 349 13 USEALORDH UASC UNITED ARAB SHIPPING CO (SAG] EXPRESS MULTI-PURPOSE SERVICES AL SALIMIAH V.31 Loading for Accepting contamers/breakbulk Kuwait (1/1). Damman (4/1). Dubai (7/1), Abu Dhabi (10/1) Doha (13/1). Mina Al Fahal (16/1) Mma Qaboos (19/1). Bahrain (22/1) Accepting contamers/breakbulk Dubai (16/1), Dammam (19/1), Kuwait (22/1), Mina Qaboos (25/1), Doha (28/1),
      349 words
    • 14 13 ra[Da CONTAINER Schedules LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather WORLD Services
      14 words
    • 734 13 I4> cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS I Agents I I J UMMCIFIC TRAMS TRAOM6 b-g A6ENCY FTL LTD Tel *****4 (5 lines) SINGAPORE n*r MAERSK LINE EXPORT TO U S PACIFIC. GULF. ATLANTIC. EAST CANADA AND ASIAN PORTS Maersk Manjo Maersk Rando Maersk Man{o Maersk
      734 words

  • Page 14 Advertisements
    • 1030 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD WISMA MISC, N0.2, JALAN CONLAY P.O. BOX 371, KUALA LUMPUR o^o9* MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Container Service To Eitop* Feeder *P Kelang Vessel Spore 1) Mseiltes 2) Rdam 3) Hburg 4) Gburg 6 ft NAG* 5/12 SEL AMXA
      1,030 words
    • 302 14 BSS SUPERCARRIER SERVICE BartMrMutSM WEEKLY SERVICE TO PANAMA US ATLANTIC GULF AND E. CANADA ftta RTW CW Mam MMOPaSfUS Sarin) 3 3/12 31/1? 6/1 I* W" Ul4/1? 8 9/1? 27/1 ?/2 BAM* TOMBS *10/12 17-18/12 15/1 21/1 Mm «cn»fe| Cartmori to CURH AM ni MAM Wa»ai»,+Fa (Mm, CWn B moff
      302 words

  • Page 15 Advertisements
    • 713 15 Overseas B MB B Containers Limited Weekly service to/from UK/Europe Si STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAHRSHP SERWCE TO UK/CONTtNT: CONTAMRSHP SOVICt FROM UK/CCNTtNT: M bur j Ebon R dam le Havre Sign P Kttaai Haafkaai Eipms bW SaM bM SaM SaM n n SaM
      713 words
    • 358 15 I E Franco Belgian Services (Fur Fast French Service with Bi lgiar. >'ar F<is!trr. Lines* ACf COMSO»TiU» Seatraln Pacific Services SINGAPORE ENQUIRIES *****44 CPS *****41 Terminal *****36 Opt org Shipping Pte. Ltd. Kuala Lumpur *****3 Port Kelang 7001 '2 Patalmg Java r***** Panang ***** 4 EL M A 4g.nl. SINGAPORE
      358 words

  • Page 16 Advertisements
    • 869 16 12 TO NORTH EUROPE Hapag-Uoyd S pore P Man? bu'B B ha»en Rdam Le Ha»re (Ihumi Antwerp P t 22/12 24/12 27/12 29/12 EbeM» 23/12 28/12 29/12 2/1 OSIX T„i-, 10/12 4/1 i/l 3/1 9/1 tautti. i 2/1 4/1 5/1 2/1 il',n ,;:i u »;j I_ s/i TO MEWTHMWO TW
      869 words
    • 471 16 •< LINE SHIPPING KOREA CORPN P. Kefant PENANG VEGA 155W 25-29 Dec 3012/1-1 STORE 2/6 Jan 81 FROM BUSAN BANGKOK VEGAIS6E 25-29 Dec 30-12/1-1 2/6 lan SI TO BUSAN ALTAR 159W 7-11/1 ALTAR 160E7-11/1 12-15/1 16-19/1 TO BUSAN KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC
      471 words
    • 622 16 ©EVERGREEN LINE FAR EAST EUROPE EXPRESS FUIL CONTAINER SERVICE ACCEPTWG CARGO FOR: HAMBURG FELIXSTOWE ROTTERDAM ANTWERP LE HAVRE AISO ACCEPTWG CARGO FOR: UMTED KHGOOM SOUTHAMPTON. LONDON. MANCHESTER, BIRMMGHAM BRISTOL LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BttMEfcHAVtN HOLLANC AMSTERDAM S'pare H**wi tuttwdwn fifaitm tahnrp It Hatri Im tin* 5/12 25/12 21/12 10/12
      622 words
    • 902 16 "BURMESE NATIONAL LINE" ft B LOADING FOR RANGOON S part '*K«, faun, d PA M PAGAN PMSNKCTMmn Sport PPW3O3/4 OK PPW3O2/7 DK VIM SC. Agents «i MoloysKJ BOUSTEAD SHPPING TEL NOS KL *****2/*****9 CompMM ArgMtin* 0* Kav«uc*on Inttrcoirtinmtal S. A. C.I. F "ARGENTINE NATIONAL LINE' LOAMS FOR DURBAN MONTEVDCO BUENOS
      902 words
    • 692 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. MAY CARP MAY PKMCI SANKYO LINE AUSTRALIA SERVICE Sfffaporc P K(ian( Loadng lor: 5-6 Dec taPwt DARMN NEPA 10/11 lan 1/9 lan STO. MEL ADEL JAPAN/STRAITS SERVICE SHGAPORE TQ *****44/7 1 *****70 K lUNPW m 404(44 4047U CONTMO BOWK OCEAN SHPPMG STOK TEL *****44/7
      692 words

  • Page 17 Advertisements
    • 695 17 L. PIL GROUP EAST AFRICA/REDSEA SERVICE Singapor* P.Kateng P»n«r>g Loading (or: KOTA MOLEK 10/15 Doc DirMMlum, Mombiu, J«ddah. Hodwdah. Mogadiscio KOTA TANJONG 15/20 D«c AMato.jMldah.Porl Sudan, Hodaidah Singapore P Kalang Panang Loading for: KOTA BENAR 15/20 Dac A^aba KOTA FAJAR 20/25 Dac Mukalla KOTA JABA 20/25 Dac A don. Hodaidah
      695 words
    • 612 17 ETC* BEN LINE CONTAINERS BEN ASIA CONTAINER SERVICE EXPRESS COHTWO SERVICE STR/UTS/TAIWMI/JAPAN 10 IMUm/tMH l»Sw UOI Gtar? Ace 9103 tßemaia U22 Earn* Ace 0<0? Kai Shut MO) Gtarj Act 9104 FROM MPIN STORE BEN UK K.L BEN LME Vpm MaN Penanj Km Km W»« 7/12 9/12 11/12 21/1* 22/12 13/12
      612 words
    • 565 17 Scan Dutch? 51 II l i i 5 w\ f i m a cr,i:.i a »7in fi zi* I' i Accepting from 1) Malmo Stockholm Oslo HehmAi Copemwfen AArtnis 3) Bremen 4) Antwerp Amsterdam UK 5) Barcelona Genoa Basle Bordeain *11 IB wssels accept.!* fa/Fa intermediate caffo to Honfkor* I
      565 words
    • 605 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNON I SOUTH AFRICA BEAVERBANK SINGAPORE 9/12 eto Reunion 22J12 Durban '1/1 Copetown 5/1 Pt Eliz 7/1 (also accepting East London and Maputo cargo) Lykos/ Lines U S. WEST COAST SERVICE Dvtcl from SfO lbci> NANCY LYKES Std Sid BRMTON LYKESSId Sid LESLK LYKES
      605 words

  • Page 18 Advertisements
    • 940 18 TO NORTH AMERICA feeder kssels* n la 9mi OW J/12 Extn feeder rrtseb aho aiaiaMe on requrtt C«nn IKO acceplate lor Oakland. Yancouvw Portland. Houston Gaheiton New Meant. Btston SI Mil PMadeptu. Norte* BaManore Siianuk iadiunvfle N.GAM7 2E C MU 2« K.IACEMI7E twbrdge x C RG2 22E H'bufg Bremen Awerp
      940 words
    • 667 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAIMER/REEFER SERVICE Lopßng tar lOS ANGELES SAN FRANCISCO SEATTLE, TACOMA VARCOUVER B C Atceptaig Fa/Fa MRw P w»t ingaoo'f I tapirs MARPtR" 7/1 Ok 9 Ok 4 lan IRMU'c K Ok H Ok 21 Jan AUSTRALIA EXPRESS CONTAINER SERVICE fee*** Fa/Fa Cantj«ien NEW ZEALAND SERVICE
      667 words
    • 462 18 I'OII I > SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 il4 l INE S TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A B CARSMIP CABLE CARGOSHIP So? Container Lines WEEKLY CONTAINER SERVICE to/trom BANGKOK SINGAPORE ISLANDS USE DSR-LINES •f'
      462 words
    • 639 18 IP u wrn GRANARD LINE INDEPENDENT >4 TTRACTIVE RA TES MEDITERRANEAN SEA SERVICE ALSO ACCtmSG COSTA IS EM CAMOO FCL OXLY FOR. PORT SAID. ALEXANDRIA. BEIRUT LATTAKJA. UMASSOL ISTANBUL PIRAEUS Specially engaged agents <4 stevedores providing immediate discharge S'port MAN CXONG V.4IW h Port IMN SM V 40K 2t Oec
      639 words
    • 708 18 INTPASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11 *****57 SERVICE TO EUROPE NOR ASIA N897. S port P. Kcbn( It Dec 21 Dec BOULOGNE/It DAM/ UK(AVON) A(«nh K. LMH MTRASEA (PTE* LTD 2352*11 BOOKMG *****57 YEO SHTfMC I TRADMG 4MK44. *****2. 410(71 MTEK OVERSEAS MARfTM SON
      708 words

  • Page 19 Advertisements
    • 686 19 t TO EUROPE/UK (VIA SUEZ): HK CONTAINER 23* C. CONTAINER 9WT SS BRIDGE 29* N. GARNET 3W •Containers feedered to/from F'stowe Also accepting cargo to/from Scandinavia +HK CONTAINER S pore Closing Times: FCL Cargo 0100 5/12 LCL Cargo 1300 4/12 FROM EUROPE (VIA SUEZ): C. PAUL 24E.... K. JACEJM 7E..
      686 words
    • 178 19 I OTICES EVERETT STEAMSHIP CORPORATION S/A s/« "PATEVERETT" Vov. ME Arrd: 26th November 19HO Place of Survey: P.S.A. Gdn. 44 Oner a I Survey on damaged cargo discharged ex the above vessel will be held on 4th Dei-ember 1960 from 8.30 am I 4 No further survey will he held
      178 words
    • 286 19 2 PERKAHALAN LAUTAN BIRU SDN. BHD. P O Box 220 kora kinabalu Sabafi RfGULAI LINK SERVICE Satoah Sarawak Bangkok Sngapore Port kMang Vessels S pore Penang P Klang Loading for LAUTAN RANI V-8/80 4 Dec KK Sandakan (sub inducement) LAUTAN ENAM 4 Dec KK Bintulu LAUTAN LIMA In Port KKlabuar.
      286 words
    • 313 19 I WORLD LINE EXPRESS REGULAR SERVICES JAPAN/HONGKONG/STRAITS VESSEL PEONY Ex-Pan Asia TigaL-1 GEMLOCK L-2 SARAN L-4 BLUE SHARK L-5 L-l Dec. 6/7 L-2 Dec. 11/12 L-46 Dec 18/19 L-53 Dec 25/26 Dec. 8/9 Dec. 13/14 Dec. 20/21 Dec 27/28 S«ig*Mre Geo Agent NPPON EIPKSS Pit IfD, «S». Bth Fk„ Norw
      313 words

  • Page 20 Advertisements
    • 318 20 MALDIVE LINES ETA KUANTAN ETA PORT KELANG MALDIVE IMAGE 15/12 Loading For Jeddah/Djibouti MALDIVE PEACE 7/12 Loading for Dubai/Kuwait MALDIVE SEAFARER 30/12 Loading for jeddah MALDIVE IMPORTER 22/12 Loading for Male MALDIVE INDUSTRY In Port Loading for Chittagong/Madras MALDIVE CREST Sailed Loading For Basrah FOR BOOKINGS I ENQUIRIES PLEASE CONTACT:
      318 words
    • 324 20 GLOBE LINE LTD Weekly service to Male, Maldive Winds via Colombo Refrigerated Space 10 tt Containers 10 tons H/L General Cargo Shipment arranged on through Bill ot Lading Singapore, Male SCAN-SHIPPING PTE. LTD. Suite 1103-8 11th Floor Marina House. Shenton Way Singapore 0207 Phone: *****44 Agents in Colombo: Ceylon Shipping
      324 words
    • 346 20 NOTAS LINEAR Regular Express Service^B^_^ TO MIDDLE EAST MV PORTS SPORI PKLANG PtNANG PWELOPI V.2 Abu Dhabi. Dubai. Bahrain Saied Dammam lONIAN SKY Abu Dhabi, Dubai. Bahrain 10/12 15/12 Dammam TO RED SEA A VESSEL Jeddah. Aqaba 15/12 11/12 19/12 *C*"ts SPORf NOUS PT[ LTD Ul *****84 5 Linni TU
      346 words
  • Page 20 Miscellaneous
    • 169 20 Regional Weather St u M IM 2 a r A, r A 2* >. i WSA m m m i i< i-: C ~Y Win< Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction
      169 words