The Business Times, 29 April 1981

Microfilm: NL11000
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, APRIL 1981 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Refinery contract
      69 1 UPI JAKARTA, Tues. Pertamina signed a US$l billion contract with two Spanish consortiums for the construction of a refinery which is expected to help free Indonesia from imports of refined oil products by the mid-1980s. The Dumai refinery, one of four on the drawing board, will be located
      UPI  -  69 words
    • Article
      Lock icon Helicopter shot down
      54 1 AP BEIRUT, Tues. Israeli planes shot down a Syrian helicopter gunship in central Lebanon today killing four Syrian troops, newsmen on the scene reported by telephone. It was the first direct Israeli intervention reported in the current fighting between Syrian forces and Lebanese Christian militiamen in central
      AP  -  54 words
    • Article
      Lock icon Soviet allies losing faith
      76 1 Reuter WARSAW, Tues. A senior Polish Communist Party Politburo member said in a speech published today that Poland's Soviet Bloc allies are losing faith in the ability of the party to solve the country's crisis. The speech by Mr Kazimierz Barcikowski was issued on the eve
      Reuter  -  76 words
    • Article
      Lock icon Irish guerillas kill soldier
      74 1 AP BELFAST, Tues. Guerillas killed a soldier in Northern Ireland as Protestant leader Rev lan Paisley warned that the province is heading into all-out sectarian war if guerilla hunger striker Bobby Sands dies. A military spokesman said the soldier, a member of the locally recruited Ulster
      AP  -  74 words
    • Article
      Lock icon Grain agreement
      73 1 Reuter OTTAWA, Tues. Canada is about to conclude an agreement to sell the Soviet Union up to five million tonnes of grain a year over five years. Trade officials said that the deal calls for Canada to sell Moscow a minimum of three million tonnes of wheat a
      Reuter  -  73 words
    • Article
      Lock icon Plenary session in June
      66 1 AFP BEIJING, Tues. The Chinese Communist Party Central Committee will hold its next plenary session in June. Analysts said the sixth plenum of the committee, which was formed at the August 1977 Eleventh Congress, might endorse the departure of Chairman Hua Guofeng as party chairman and
      AFP  -  66 words
    • Article
      Lock icon Chinese workers' earnings
      73 1 Reuter BEIJING, Tues. The average urban Chinese worker earned US$476 last year, 14.1 per cent more than in 1979. The New China News Agency said that taking price rises into account, the real rise in average income was 6.1 per cent. Western economists in Beijing said although
      Reuter  -  73 words
  • Chief Price Changes
    • Article
      SINGAPORE
      133 1 Rises Indices P M Hldga M Cement Sealion Taiping Textile Tat Lee Bank I C B Fuaan Perlia Plant C Properties Public Textile Dak Yung Hong Leong Ind 980 980 660 448 610 700 424 905 625 384 362 1720 80 75 55 46 45 40 34 25 25
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  • Article, Illustration
    KUALA LUMPUR
    147 1 Rises Indices Con Pits 840 140 Apr 27 Apr 28 M Cement ***** 50 B.T.Index: *****8.10 *****4.77 Berjuntai 1300 50 Industrials: 1096.63 1100.92 D Keramat 1690 +50 Finance: 1668.69 1674.65 T Textiule 460 40 Hotels: 501.92 502.39 Hong Leong 930 30 Properties: 1121.44 1122.07 Perils 940 +30 Tins:
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  • Article, Illustration
    Pan-El subsidiary in $130 m project
    429 1  -  CONSTRUCTION OF FACTORY UNITS By RUTH CHENG VANGUARD Realty and Development Pte Ltd, a subsidiary of Pan-Electric Industries (Pan-El), is building a $130 million industrial estate along Tagore Avenue, off Upper Thomson Road. Construction of the industrial estate, which is situated close to the
    429 words
  • Article
    Common stand on MFA renewal
    225 1 THE Asean Federation of Textile Industries (Aftex) has worked out a common stand for negotiations on the renewal of the MultiFibre Arrangement. The recommendations will be submitted to the governments of the five member countries represented in Aftex, said Mr Lam Thian, chairman of the
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  • Article
    Attempt to merge SIS, SIV fails
    403 1  -  By CATHERINE ONG THE latest attempt to merge the Singapore Institute of Surveyors (SIS) and the Singapore Institute of Valuers (SIV) has failed. Last Sunday, after five years of debates by successive committees of the two institutes, the first extraordinary general meeting was held
    403 words
  • Article
    Lock icon Record for Tokyo stocks
    376 1 Reuter NET foreign purchases of Japanese stocks in fiscal 1980 rose sharply to a record US$6.l5 billion from $192 million the preceding year and compared with the previous high of $719 million in fiscal 1969. The Japanese Finance Ministry said the rise followed a big inflow
    Reuter  -  376 words
  • Article
    Trade deficit widens in first quarter
    294 1 SINGAPORE'S trade deficit wldeaed MnUenbly la the first qaarter it this year. Tatal Impart* far the pertod was 114,»23 mllllea, exceeding tolai expert* by mere ttaa $999 milltoa. While total 1m parte are greartag at twfee the rate af total experts, the 19 per
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  • Article
    Times Pub and STP results excellent
    507 1  -  By CHOO AI LENG THE publishing and newspaper companies of the Times Organisation have once again turned in excellent results for the first half of their financial year ended Feb 28. Times Publishing Bhd yesterday announced a commendable 57 per cent increase in pre-tax
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      4 1 BEARING DAM mm al
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      9 1 W' A Bru, 'a BTW© Phone: 46X7230 4M3X24 *****7
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      Page 1 Advertisements Column 3
      77 1 SHIPPING TIMES REAGAN throws oat the econo- WORK excellence committees metric models 3 and quality control t BEHIND the closed doors it WHY Cold Storage Is slowing central bankers' meetings 7 down .ittt 11 PLANS afoot at Par Eastern KING'S Hotel bays property Bank g company 14 TV AND RADIO
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      Page 1 Advertisements Column 4
      109 1 BALLY°J Switzaiand m A Internationally recognised as trend-seners. MODERN MANAGEMENT READINGS mUfIMUT IW MOTNOTON **">»►- .coot#»> town «< the effect iveexecutiw na ii 2l= peter c sandersoi "imapnmt iififfisaw ana fre cmp 'r FINANCIAL PLANNING FOR MANAGERS R E KiSmri FINANCE AND ACCOUNTS FOR MANAGERS Desmond God. /YMIAII iMITATIT *Formulalorßuane*Survive
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  • REGIONAL
    • Article
      Tokyo's five-year plan to build up military forces
      263 2 JAPAN will build up its military forces under a five-year-old plan in an effort to meet US demands for increased defence spending. The Japanese National Defence Council made the decision during a special session chaired by Prime Minister Zenko Suzuki. The plan
      263 words
    • Article
      Lock icon Japanese farm project
      123 2 AFP AT LEAST a hundred Japanese farmers are to settle in fertile regions of Argentina's Bueno6 Aires province and export their produce to Japan. The governor of the province, General Oscar Gallino, said the Japanese and their families are to settle in this most densely populated province
      AFP  -  123 words
    • Article
      Lock icon Japan warned on sales to EEC
      306 2 UPI THE PRESIDENT of the European Parliament warned Japan yesterday against trying to compensate for any lost exports to the United States by increasing shipments to Europe. Mrs Simone Veil said what is feared in Europe at the present time is that US protests
      UPI  -  306 words
    • Article
      Lock icon Seoul to buy F-16 jets
      269 2 UPI IN A reversal of the Carter government's policies, the Reagan administration told Congress on Monday it wants to sell 36 advanced F-16 fighters to South Korea. The F-166, the latest combat Jet in the US arsenal, will carry the same package of sophisticated electronic
      UPI  -  269 words
    • Article
      Lock icon Kampuchean talks in early July?
      209 2 Reuter THAILAND'S Foreign Minister Siddhi Savetsila said he expected an international conference on the future of Kampuchea to be convened in Vienna in July early. He was speaking to reporters on Monday shortly after conferring with UN Secretary-General Kurt Waldheim at the United Nations. Mr
      Reuter  -  209 words
    • Article
      Lock icon Sri Lanka interested in joining Asean
      160 2 AFP SRI Lanka would like to Join the Association of South-east Asian Nations (Asean) "if invited". "Asean has been effective in maintaining peace in the region. Sri Lanka is keen to Join Asean, because Sri Lanka wants to help maintain peace." Sri Lankan Prime
      AFP  -  160 words
    • Article
      Lock icon Pakistan may test nuclear bomb next year
      273 2 UPI PAKISTAN is likely to explode a nuclear bomb between July and September next year. Indian reports on Monday. quoting an official press release, said members of parliament were informed by "unnamed experts as saying the site of Pakistan's explosion may be near
      UPI  -  273 words
    • Article
      Lock icon Thailand suffers economic setback
      462 2 Reuter THAILAND'S economy suffered a setback in the first three months of this year from a sharp 8.5 per cent decline in major exports because of the continuing world economic recession. Economic development, which hinges on increased production of agricultural commodities with a matching growth in
      Reuter  -  462 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      706 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0010 JFK/SPO/HKG MAS MH601 0630 KUL MAS MH680 0645 KCH SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI421 0930 BWN MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP CPA CX710 1005 HLP
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      215 2 v\ r-> V 7 PACE. MAKERS Electric forklift trucks With performance that'll bowl your heart over That's exactly what Toyota's new 4FB electric forklift truck will do. Astound with its performance. Its optimum power through a compact, lightweight system that includes a speed control using thyristors, and a higher insulation
      215 words
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      Page 2 Advertisements Column 2
      32 2 N.M. Rothschild Sons (Singapore) Limited Indicated Deposit Rates uss (Minimum balance US$10,000) N.M. Rothschild Sons (Singapore) Limited Ground Floor. Straits Trading Building. Battery Road. Singapore 0104 Telephone *****71. Telex: RS ***** NMRSIN
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  • OVERSEAS 1
    • Article
      Lock icon Washington wants a car restraint for three years
      581 3 AP A HIGH-ranking government official in Washington has said that the Reagan Administration wants Japan to curb the number of cars it ships to America for as long as three years, rather than one year as proposed by the Japanese government. In
      AP  -  581 words
    • Article
      Lock icon White House differs with Haig on trade suspension
      721 3 NYT THE WHITE House, taking a different approach from that of Secretary of State Alexander Haig, has emphasised that a total trade embargo with the Soviet Union was "one of many options" President Reagan could choose if the Soviets invade Poland. Mr
      NYT  -  721 words
    • Article
      Lock icon GENERAL MOTORS EXPECTS IMPROVED EARNINGS
      143 3 Reuter GENERAL Motors Corp (GM), says it expects this year to be one of improvement and progress, despite economic uncertainties. "Certainly this will be no record year for GM or the car industry, nor even an outstanding year," the company announced in Detroit. GM reported
      Reuter  -  143 words
    • Article
      Lock icon US econometric model
      739 3 Reuter THE REAGAN Administration, turning its back on traditional econometric models, is spending U*****,000 to develop a new forecasting device to work with its "supply side" approach to the economy. Last week, the Treasury Department contracted the accounting company of Coopers and Lybrand to prepare the new
      Reuter  -  739 words
    • Article
      Lock icon Western creditors reschedule repayment of Polish debts
      291 5 Reuter POLAND'S main Western creditor nations have agreed to let Warsaw delay repayment of some of its most pressing foreign debts. A communique issued after the creditors met in Paris on Monday said they had agreed to reschedule or refinance 90 per cent
      Reuter  -  291 words
    • Article
      Lock icon Opec states concerned about depletion rate
      599 5 Reuter WEST Asian oil reserves will run out in the year 2011 if the present depletion rate continues. In a paper presented at a Hongkong seminar on energy, Mr Mehdi Ali, a director of the Vienna-based Opec Fund for International Development, said Opec countries
      Reuter  -  599 words
    • Article
      Lock icon Syrian minister in Lebanon for talks
      417 5 Reuter SYRIAN Foreign Minister Abdel Halim Khaddam started a two-day visit to Lebanon yesterday to discuss ways to stop the latest round of fighting in that country which has so far cost more than 400 lives. Lebanese sources said Mr Khaddam would hold a
      Reuter  -  417 words
    • Article
      Lock icon TEHERAN READY TO SETTLE CLAIMS
      136 5 Reuter THE IRANIAN government is ready to consider settling US business claims larger than U*****,000. It has indicated to the State Department that it is ready to negotiate and has asked US businessmen to send in their claims. A State Department spokesman said that claims
      Reuter  -  136 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      105 3 WORD PROCESSING BOOM! Distributors wanted in Singapore. We are the world's largest word processing supplies company operating in one of the world's fastest growing businesses. We wish to appoint distributors in Singapore to sell our impressive range of original manufacturers' supplies and accessories. Applications are invited from companies with experience
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      Page 3 Advertisements Column 2
      175 3 our tenants are our best adveiasement a. The quality of our international tenants speaks for itself. They chose THE OCTAGON as a result of V Its strategic corner location close to Shenton Way and Raffles Place. Its prominent visual identity. Sgl ipff jSXS* W3£\ "T t: «;5«55 !P?lsi ilSipssU ifiHifls
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  • RAW MATERIALS
    • Article
      Lock icon Strong buying by ITC unlikely
      379 4 Reuter NO STRONG buying by the International Tin Council (ITC) buffer stock is likely until world prices drop further. This further fall could be around 5 per cent, some leading tin traders and analysts said. Monday's Penang price was unchanged from Saturday when it fell
      Reuter  -  379 words
    • Article
      WHEAT
      167 4 WHEAT futures in Chicago on Monday closed on the bottom of a five cent range, unchanged to down IV* cents a bushel in mostly local trade. Traders said late local long liquidation on a general lack of follow-through buying erased gains and forced some contracts for losses. They added
      167 words
    • Article
      SOYBEAN
      198 4 SOYBEAN futures in Chicago on Monday closed on the bottom of a ten cent range, down y« to three cents a bushel in mostly local dealings. Sympathetic local long liquidation following the decline in grains and lack of follow-through buying pressured all contracts lower, sources said. Prices rose earlier
      198 words
    • Article
      Straits Tin
      81 4 THE STRAITS tin price In Penang yesterday fell 49 cents to a 27-month low of Ms 29 Jl a kilo, in the lower International Tin Agreement's range of $27.28 to $39.11, dealers said. Lower overnight London advices, sterling's weakness against the Malaysian dollar, higher disposals of tin and
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    • Article
      CLOSING PRICES
      34 4 Rubber: April 28 Singapore: May: 258.00 cents (up 6.00 cents) Malaysia: May: 276.00 cents (up 6.00 cents) Tin: M 529.31 per kilo (down 40 cents) Official offering: 188 tonnes (up 6 tonnes)
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    • Article
      Lock icon Swedish and Fins in copper deal
      131 4 Reuter SWEDISH state-owned mining company Luoss a vaara-Kiiruna vaara Ab (LKAB) and its Finnish counterpart Outokumpu Oy signed a 10 year agreement whereby LKAB will deliver 45,000 tonnes of copper concentrates annually to Outokumpu from about 1963 onwards. The deal is worth about one
      Reuter  -  131 words
    • Article
      RUBBER
      311 4 IN Singapore yesterday, rubber prices ended the morning higher with May One RSS buyers quoted at 258.50 cents per kilo, up 6.50 cents from Monday night's close, dealers said. Opening prices were marked up initially and thereafter rose on general reserve of sellers, covering demand and forward buying interest,
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    • Article
      PRICES
      336 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f o b. 255.50 256 SON Int. 1 R.S.S. May 259 00 260 00 Int. 1 R.S.S. June 255 00 256 00 Int. 2 R.S.S 228 00 229 OON UK/Cont 227 00 SOON
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      SSR and SMR
      118 4 NOON SSR and SMR pno yast •eday: RA8 SSR 20 SSR SO (1-ton pallet) (1-ton pallet J May (Carraat Mtk) Bayer* Sellers 229 50 231 JON 226 SO 228 SON JIM (Forward Mtk Bayers Sellers 231.50 233.50N 228.50 230.50N MRBLB May June SMR CV SMR L SMR
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    • Article
      Lock icon Japanese record copper output forecast
      164 4 Reuter JAPAN'S electrolytic copper production is expected to rise 2 per cent to a record 1.04 million tonnes in fiscal 1981 started this month from the previous high of 1.02 million last year, the Japanese International Trade and Industry Ministry said in an annual report.
      Reuter  -  164 words
    • Article
      Lock icon INDIA'S SOYBEAN IMPORTS
      59 4 Reuter THE US Agriculture Department said private US exporters reported optional origin sales of 20,000 tonnes of soybean oil to India for shipment in the current marketing season, ending this September 30. The USDA said an optional origin contract provides that the origin of the commodity may
      Reuter  -  59 words
    • Article
      Produce exchange
      181 4 CHINESE Pr*4ace Excktige, Slapptrt, clotting prices per 1M kg yesterday. CtMHI ail: Bulk fob $115.00 sellers, old drum (In second hand drum) fob $128 00 sellers, new drum fob $134.00 sellers. Copra: Mixed (loose) $66.00 buyers. Pepper: Muntok white pepper fob Asia NLW $410.00 sellers, Sarawak white pepper
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    • Article
      TEXTILES
      194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottea yam: China Blue Phoenix 20s 2,270; 32s 2,780, 40s 3,040 (per bale of 400 lbs). Piece gsidi: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      194 words
    • Article
      RICE
      327 4 BINGAPOBE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first cLass (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 100 per cent third class 1.05, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.», Special
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    • Article
      LONDON MARKETS
      824 4 COFFEE: Robusta futures yesterday eased in midmorning on profit-taking to end the midday call with losses of £1 to £3 a tonne, dealers said. The lower levels attracted some short-covering, which prevented further price falls, they added. Near months maintained their premium over forwards with July trading £20
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    • Article
      PALM OIL
      128 4 THE Kuala Lumpur market yesterday eased on lack of buying interest in quiet trading, dealers said. In May south eased Ms2o to $955 a tonne and central was traded at $960. In June central dropped $27.50 to $935 and south $22.50 to $940, while in July central was
      128 words
  • ASIAN STOCKS
    • Article
      Market average at record high
      539 4 TOKYO THE market average on the Tokyo Stock Exchange yesterday gained 35.78 to close at a record 7,623.81 for the third consecutive session in anticipation of increased foreign purchases following the yen's upturn against the US dollar, dealers said. The Tokyo Stock Exchange index added
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    • Article
      Sydney
      197 4 apr a INDU8TKL a r t Denu AL8 ZU -a AMI ao A p M noe ia UK -u -a Bank NSW W -t hm.1 BnmMw KB ♦j unch C B A ja -«S CUR ao ♦a lao Duniop ias Ex Irwl ao -10 W«wM Hooter 148 -3 Ul
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    • Article
      Bangkok
      153 4 APR M Bahu Ada Credit 104 4*1 Asia Fibre AruLhaya In* And Trust n I Bangkok Bangkok Bank ZZ Bangkok Drying And SUO Z m unci Bangkok Insurance Bangkok Metropolitan Ban Banckok Nylon Bank Of Alia Bank Of Ayudhay* sa ISA 1 Bata Berll Jucker Carpet International Charoong Thai
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    • Article
      Manila
      85 4 apr a Peaoe AcoJe Mlnlnc OCM unch AUu Coo a AUM COB. B 31 JO -03 Baffuto Ootd Benfuet Ood. B BPGoodrich a 10 40 -ftJOOl ♦I -U mr» Inco 4Ji ♦0J L&ndotl uputo a Uumniu|ia US •JO unch MermVn Orient*! A niwiui n JO +0401 Phil Owmi Phllex
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    • Article
      Selected indices
      51 4 FINANCIAL TIMES INDUSTRIALS Monday 586.0 Friday 887J Week Ago closed DOW JONES AVERAGE INDUSTRIALS Monday 1024.05 Friday 1020.35 Week Ago closed H.K.MANG SENG Tuesday 1442.06 Monday closed Week Ago *****4 AUSTRALIAN INDUSTRIALS Tuesday 748.9 Monday 752.6 Week Ago. 753.9 ALL ORDINARIES Tuesday 703 6 Monday 712J Week Ago
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    • Article
      Lock icon Hongkong
      251 4 Source: SEK THE market opened strong yesterday after last week's sharp gain. Early profit-taking was absorbed by mid-session and the market closed the morning strong. Buying continued to come primarily from overseas. During the afternoon seesion, early gains could not be maintained Hang Seng Index: 1442 08 13.77). Aoifti
      Source: SEK  -  251 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      114 4 k* T/•c •> t v< if "I *> V i< .•''Ml ■t ifV iff- ;/L •i > c > 'v\ 'i. s v x From the house of Julius Valdini,lmported Jdxuwous briefs for I the fton who has ©vefytblng, figure, hugging yf i. corryfbrtable, Vofdi^i's pur© spun Ik briefs gra
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  • Page 5 Advertisements
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      109 5 FREE FLOW OF INFO YOUR Your staff are using up too much time moving PROBLEMS: from one to another, seeking and giving information in the course of work You'd like them to continue talking with one another but wish to reduce the human traffic. SOLUTION: Let them talk on the
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      Page 5 Advertisements Column 2
      125 5 This announcement appears as a matter o< record only March, 1981 SEA HOUSING CORPORATION SDN. BHD. M 514,000,000 Bridging and End-Financing Facilities Provided by Asian International Merchant Bankers Berhad United Malayan Banking Corporation Berhad United National Finance Berhad Manager and Agent tm 5: I Asian International Merchant Bankers Berhad sn
      125 words
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  • Article
    Case for still higher wages this year
    541 6 UNLIKE the long-drawn, sweated sessions personnel managers go through every year after June to work out how they are to implement the National Wage Council guidelines, the Council itself has rather a quick and easy job. Their deliberations on this year's guidelines have
    541 words
  • Article, Illustration
    SILK SETBACK
    701 6  -  By HISANOBU OHSE THE ONCE-THRIVING Japanese silk industry is fighting for survival following the mass-production of synthetic fibres, a flood of cheap imports from developing countries and changes in traditional clothing patterns. Japan's semi-official Silk Corporation said the trend started in the 1930s during the great depression and
    701 words
  • Article
    Largest buyer of Sri Lankan tea
    559 6  -  By CLARENCE FERNANDO IRAQ has emerged as the largest buyer of Sri Lankan tea pushing Britain into second place, leading Colombo tea brokers Forbes and Walker Ltd said in a report published in Colombo. For the year 1980 Iraq had bought 21.8 million kgs
    559 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      397 6 A GO/WANY THAT PLANS ITS BUSINESS EFFECTIVELY SHOULD BE ABLE TO PLAN ITS OWN OFFICE SIKX LIKEWISE. CEIZ CONCEPT BO OPEN PLAN SYSTEM FORTHE OFFICE REFLECTS EFFICIENCY AND GOOD BUSINESS SENSE. V K > i Studies have indicated that the total office layout is as important as managerial skills in
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      645 6 CRYPTIC PUZZLE ACROSS 3 lie bpflMH whei BL is effleactoai at Iml (S) 8 A weapon to ban? (5) 10 Garment Jack has to knock about in? (5) 11 By soft hesitation (3) 12 Demonstration by degrees? (5) 13 Set to grow in a plot by Edward (7) 15 It
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      765 6 Charlie finds a new Angel TONIGHT'i Hippy Dmya CMtiiiM the wtwd part at the Cuaiighuni' dilemma •ver their 15-year-ald daaghter. Jtuie raw away whea she it refased permMN tram her pareata to ga aa tear with Leather Taacadera aad her gaag. Faarie uaal eames to the reaeae aad all eada
      765 words
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  • Article, Illustration
    Lock icon Arguments about interest rates
    1532 7  -  By ANTHONY HARRIS FT THE SECRET has now dribbled out. The mystery surrounding the meeting of central bankers in London a little before Easter, rumoured to be concerned with interest rate disarmament, is simply that there was no mystery. The participants had nothing to say afterwards
    FT  -  1,532 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      161 7 Asia's #1 News Magazine, w i m c ame s:> V #1 in circulation #1 in ad revenue #1 in coverage of executives TIME The worldwide media system After years in court, he's still faced Ji with a difficult decision. m f'/-\ SlB A 'y Of course he has a
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  • BANKING AND FINANCE
    • Article, Illustration
      FEB unveils its ambitious plans
      490 8  -  ANNUAL GROWTH OF 267 PER CENT By ALVIN TAY FAR Eastern Bank (FEB) takes another step towards a public listing when it chalked up a record net profits of $2.59 million last year, representing an annual growth of 267 per cent. Talks of FEB going
      490 words
    • Article
      Seoul sells stake
      90 8 THE SOUTH Korean government will sell its 23 per cent share in Ha nil Bank, one of the country's five commercial banks, to the private sector by June. Finance Minister Lee Seung-Yun said no company in the private sector will be permitted to own more than 10
      90 words
    • Article
      Lock icon Gold's alternative
      161 8 AFP GOLD may be the most closely followed precious metal in Hongkong but the demand for silver is very much bigger. Mr Winston Yuen, manager of First Chicago's banking services department, said based on sales through the bank's gold and silver passbook accounts, the demand for silver has
      AFP  -  161 words
    • Article
      Lock icon SETBACK IN PRETORIA
      87 8 AP FALLING gold prices brought a 17 per cent drop in South Africa's gold earnings during the first three months this year. For the first time since September 1979 the government has provided subsistance funds to a marginal mine. The country's gold earnings foe; the first quarter
      AP  -  87 words
    • Article
      Lock icon Canadian charters likely for 55 foreign banks
      288 8 Reuter FIFTY-FIVE foreign kuki •re likely U be graatod charters aliewlag them to operate m fall-eervlee haaka ia mdt. Uader Caaada's aew Baak Act, farelga haaka eperattag la Caaada are required to became fally chartered haaka. Same at the haaka expected te receive
      Reuter  -  288 words
    • Article
      Lock icon Direct lending by Opec not favoured
      283 8 Reuter DIRECT lending by Opec surplus countries to less developed countries is not "an appropriate course or even an efficient means to recycle the Opec surpluses. Ahmed Abdul-Latif, deputy governor of the Saudi Arabian Monetary Agency, told an Asian-Pacific Bankers Club meeting that such
      Reuter  -  283 words
    • Article
      Banco de Chile
      57 8 BANCO de Chile is raising a US$lOO million, seven-year syndicated loan. Joint lead manager Arab Banking Corp (ABC) said the loan will have four years' grace, with interest at per cent over the London Eurodollar interbank offered rate (Libor) or H per cent over the US prime
      57 words
    • Article
      No credit problem for Asean five
      576 8 ASEAN members are not expected to face any difficulty in getting sufficient capital from domestic or external sources to fuel their future economic growth despite increasingly massive funding needs. Bank Bumiputra chairman, Mr Kamarul Ariffin, in predicting this said the financing requirements of the
      576 words
  • MONEY AND EXCHANGES
    • Article
      Singapore market
      545 8 THE US DOLLAR opened firmer against major currencies, but eased during quiet late trading in the local foreign exchange market yesterday. Dealers said trading was light in the absence of new factors. The US dollar started off at 212.70 against the yen, before picking up to the day's
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    • Article
      HONGKONG
      81 8 THE US dollar yesterday recovered against the mark after a brief fall in the afternoon, dealers said. Early European profittaking hit the dollar after it rose yesterday morning to 2.1873/78 marks from New York's closing 2.1860/70. However, resistance around the 2.1830/35 level helped it to recover to a late
      81 words
    • Article
      LONDON
      134 8 THE dollar yesterday held steady against the mark, opening here at 2.1860/65 marks, little changed from a late Hongkong quote of 2.1858/65, dealers said. The US unit closed here on Monday at 2.1802/12 and had risen to 2.1860/70 at the New York close. Eurodollar interest rates opened 3/16 point
      134 words
    • Article
      PLR
      22 8 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 12.85 per cent.
      22 words
    • Article
      ASIAN $
      181 8 ASIAN ASIAN currency deposit interbank rates as at close on Apr 28. US Doilan<8po<) Offer Bid 7 days IS 15% 1 month 17'* 17 2 months 16 >4 16H 3 months 16'« 16*« 6 months 16H 16'* 9 months IS 15/16 IS 13/16 12 months 15'4 IS 1 Switi. Das.
      181 words
    • Article
      Discount
      44 8 RANGE of prices otter* ■d by dlscount bouaes on Apr 28: Overnight: $Vi* Call deposits fi% to TM% CkMULf Sellimf 3-month Treasury bills •H 5-month Bank bills 10 10 3 months CD SVk 0% 0 months CD 10'4 10'* Source: National Discount Co
      44 words
    • Article
      GOLD
      242 8 SINGAPORE gold futures yesterday closed generally easier compared with overnight levels after fluctuating marginally throughout the day in very quiet trading, dealers said. Total sales was recorded at 11 lots while volume for kerbs was at 85 lots with interest mainly centred on June and August contracts, they said.
      242 words
    • Article
      Silver quotes
      33 8 New York U.23B u.ra U.43S 1H0S Zurich 11.10B ura U.40S Tb U.50S Singapore ura 1MB ura 11.40S U.4QS Closing prices in US dollars a troy ouno e. Source: Credit Suisse, S'pore
      33 words
    • Article
      TOKYO
      216 8 THE US dollar for overnight delivery yesterday closed at 212.45 yen, compared with a 212.70 opening here, a 212.50/60 closing in New York, 212.40/50 on the West Coast, and 211.60 here on Monday, dealers said. Trading was active with volume US$l.3l billion. The dollar eased to the day's low
      216 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      256 8 ADVERTISEMENT TESTED AGAIN! OUR ITOKI SAFE THAT RESISTED EVEN THE FIERCE QmCETYLENE TORCH. When burglars broke into the premises of 158 Eunos Avenue 6 Block 1077, little did they realise that their carefully planned burglary would come to no avail. Their attempts at cutting open the Itoki Safe Model 87
      256 words
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      Page 8 Advertisements Column 2
      37 8 BANK OF INDIA Singapore Branch thanks all distinguished guests, customers, business associates and friendsfor their personal attendance and good wishes on the occasion of our recent moving to new premises at 104 108, Robinson Road, Singapore 0106.
      37 words
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Yaohan to open new store
      344 9  -  By KOH TSE YING YAOHAN Singapore will invest an estimated $7 million in its fourth store scheduled to open at Bukit Timah Plaza in August. The new branch will cater primarily for more than 350,000 residents of Buona Vista, Bukit Timah, Clementi, Jurong and other
      344 words
    • Article
      Work excellence committees
      411 9 WORK excellence committees are gaining interest among Singapore companies. Essentially worker-man-agement consultative committees, they were first promoted by the National Trades Union Congress last year when it set up unionmanagement committees in three companies ShangriLa hotel, the Guthrie group and Sembawang Shipyard to study their industrial relations
      411 words
    • Article
      Total quality control
      235 9 COMPANIES in Singapore should adopt the total quality control concept to instill a company-wide awareness of the importance of productivity. A production and management technique popular in Japan, the concept is a comprehensive approach to raise productivity and improve quality. The concept and how it can lead
      235 words
    • Article
      Distributors wanted
      68 9 AN 11-member trade delegation of sporting goods manufacturers from South Korea will arrive in Singapore tomorrow. During their four-day visit, they will seek agents or distributors for sporting goods in the following sports: golf, tennis, squash, badminton, soft-ball, basket ball, volley ball, table tennis and fishing. Companies keen
      68 words
    • Article
      American Business Council officials
      151 9 MR George Stateham, quality assurance manager of Sundstrand Pacific, was elected chairman of the American Business Council (ABC) at its eighth annual general meeting recently. Mr Lee Ting, managing director of Hewlett Packard, Mr Steve Anderson, deputy managing director of Esso and Mr Ed Dowd, vice-presi-dent
      151 words
    • Article
      Plumrose factory makes headway
      308 9 PLUMROSE'S first factory in Asia became fully operational last month and already it is using 100 locally bred pigs a week. The factory is processing 30 tonnes of meat a week and capacity is expected to increase to 50 tonnes by next year. Plumrose also imports
      308 words
    • Article
      MEMO PAD
      677 9 SEMINARS AND COURSES May 4: Jewellery Design Course, Waterloo Centre, NUS Department of Extramural Studies and Diamond Importers Association of Singapore May 4-6: Getting to grips with Mini and Microcomputers, Hotel Equatorial, Consulasia May 4-6: Work Study for Improving Office Efficiency, SIM Conference Room, Singapore Institute of Management
      677 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      187 9 TIMES PUBLISHING BERHAD (Incorporated in Singapore) Half Yearly Report and Dividend Announcement The Board of Directors of Times Publishing Berhad announces the following net unaudited results for the half year to 28th February, 1981. 1981 1980 Turnover Trading profit before taxation Share of profits from associated corporations Income from investments,
      187 words
    • Advertisement
      Page 9 Advertisements Column 2
      124 9 SrTRAI' 'LIMB pais THE STRAITS TIMES PRESS (1975) LIMITED (Incorporated In Singapore) Half Yearly Report and Dividend Announcement The Board of Directors of The Straits Times Press (1975) Limited announces the following net unaudited results for the half year to 28th February, 1981. NOTICE IS HEREBY GIVEN that the Directors
      124 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        179 10 apr rt n* ABN 288.00 15 Ahold A 90 -03 Akmn 24 JO -*-03 Avirv 9150 oi Amfu ***** 4-1 Amrobnk 57 40 0.8 BerfOM Berk 33.00 40 00 0.3 Bnl. 56-30 -02 RnrtumlJ 230.00 -1 Burhm*nn 82.00 0.8 Cmiand 38J0 02 C*l*e Delft ***** 05 Dell Mjj 79.70
        179 words
      • Article
        Paris
        261 10 apr n Pri CORBEILLE Alr-Uquhte 415 -11J B S N Oarvala Danooe 1083 -21 C S r (ThomaonCat) 319 -11 CW Prancaiae des Petroles 213 -4 Comptfnle Flnancftere Compifnle -19 0«neraJe 419 Credit Fonder De 3B0 Hachctte (Libr&irte). 330 -4 Machine* Bull 51.90 -ai Michel In (B) 915 -25
        261 words
      • Article
        Brussels
        95 10 APR 27 rn FORWARD MARKET Ac*r 300 -4 Arbed 1M 6 Aatur 300 •1 Brucan 1030 -20 Bru-Umb 11S0 Cinptc 1464 -16 Cock IB >1 De Betn tn •3 Ebet ioo >6 Electrobel mo 40 Ob-Inno-Bm 1MB -IS o*» IMS -16 Hobo* 2260 -16 Petm 4MB 66 Ryl Dutch
        95 words
      • Article
        Frankfurt
        191 10 APR XI Dm A*f-Telefunken MJSO -1J Ak»o 2190 +0J Alii Lcbm 10(6.00 *m Alls Van ***** .1 RAftr nut »u 1 l"jMl JtttOOB a?oo MM rut IB 00 776 50 ♦ox 0X BMW 171.00 1 Cuw Li* Cham V»rw CoootntKnl ConU Oummi 300 00 0.1 MS 00 1MJ0 OSJO
        191 words
      • Article
        Milan
        85 10 Anle HO +90 Aaoc Oan *****0 Bulofl Ml -«t Crotrmte M ♦**> M 1810 ♦tai riniKtor OTJ6 -OJS Oan Immob OH an pn tm *so ItalCMMntl 1M00 -10 ILaim MM IUlMtor Mi«neu M Pf >10 fn J -m Uutlll Ire ktedlob Mtratanaa un MM *mat 410 Mondadon Monudin Motto
        85 words
      • Article
        TORONTO
        206 10 APR 27 a AtttUM m Alean 42* W Alfom* B»nk Mont «m H 30* -H Bank Nova BcoUt Bell Tel 30 It Beth Corp BP Can Ltd 41* -1* Braacan J3-. -H Camp rm Lake Can Imp Bk «SK -H SI H unch Can par 48* -H Can par
        206 words
      • Article
        JOHANNESBURG
        274 10 IND A Alpha U8TRIAL8 m -0 Atwrcocn 410 J n w.r*.w* HOB 3000B Barlows 10T3 IBS 3 unch «K 15 CurrW rinane MC unch Da Bon ind nan 100 Edcon «0 unch SI Inmdy rwi vou ■a 10 riiftt unch Otrdlan Oitoini Ormtemn 1310 10 Hippo Hit* US 473
        274 words
      • Article
        Higher close on NYSE
        895 10 FIRMNESS in the oils and a few blue chips allowed the New York stock market on Monday to edge higher in active trading. The Dow Jones industrial average made an eight-year high again (or the second session in a row. The Dow Jones industrial average added
        895 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      225 10 n ssss The American Express Card serves you well, wherever good food is served" it I 11 J-l 1 I Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. Restaurant Lounge* 10.30 a.m. to 10.00 p.m. DOLPHIN CAFETERIA Ist. Floor. World Trade Centre, Tel: *****11/2 Set in traditional Chinese
      225 words
    • Advertisement
      Page 10 Advertisements Column 2
      162 10 For banquets. For conventions. For other functions of flawless finesse. lunctH)M.s lor up to JS() i}ucsts ItUcrnutu ttuil t tic tins to dux >st' /r< >m < >inji!i'tt' ratujc <>/ audio-nsual t'quiprtwn, A'tiplt' parking spac t' J k(H) «-iiun-> I *iirk S»!m*i*iiloii Siii^iqNiif SHERATON HOTEL S AND INNS America is
      162 words
    • Advertisement
      Page 10 Advertisements Column 3
      187 10 `-{!="?.}<_$!-={{_=;/^._.^}:[~$ Feast like an emperor x 1 I fv KF i o*^ m i i &f: l/%rl Mfc» bert* K I Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at The Chinatown, we serve Szechuan specialties Name your favourites Or ask
      187 words
    • Advertisement
      Page 10 Advertisements Column 4
      133 10 OQQQO Inn Of Happiness Dine Cantonese style. Dine Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. 2156 JOAH SIERRA ffIUUSH BALLET from Spain April
      133 words
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      Page 10 Advertisements Column 5
      210 10 This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table. It Was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant woc«pn IXTO Oxley Rise/Penang Road. Singapore 0923 Tel *****11
      210 words
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  • COMPANY NEWS
    • Article
      Straits Trading sells Bedford stock
      236 11 STRAITS Trading Company has sold its entire holding of 506,688 stock units in Bedford Plantations Berhad to several Malaysian individuals. The sale means that Bedford Plantations has ceased to be a subsidiary of Straits Trading, as the entire stake represents 59 per cent of Bedford's
      236 words
    • LATEST RESULTS
      • Article
        FEDERAL Cables, Wires Aid Metal Manufacturing Bhd
        66 11 suffered a sharp fall in profits to $3.56 million for the year ended December 1980 compared with $8.67 million the previous year. As capital expansion will be required in the current year, the company has decided to conserve resources and the 4 per
        66 words
      • Article
        GROUP pre-tax profits of Sin Chew Jit Poh
        64 11 rose to $5.8 million for the year ended December 1980 against the previous year's $4.35 million. Group turnover was also higher at $34.39 million compared with $24.18 million previously. The directors have recommended a first and final dividend of 16 per cent
        64 words
      • Article
        NEW Serendah Rubber Company's
        68 11 pre-tax earnings before replanting expenditure were reduced marginally by 13.8 per cent to $4.9 million for the year ended December 1980. The total crop for the period was also lower at $5.25 million against $5.37 previously. A final dividend of 22.5 per cent has been recommended
        68 words
    • Article
      Slower growth at Cold Storage
      688 11  -  By CHRIS LIM HIGHER raw material costs and a provision for property taxes has slowed down Cold Storage Holdings' profit growth for the year ended Jan 31, 1981. Group operating profit before tax for the 1980/81 financial year rose 11.8 per cent to $23.96 million
      688 words
    • COMPANY BRIEFS
      • Article
        HIGHLANDS and Lowlands
        50 11 has replied to the Kuala Lumpur Stock Exchange that it does not know of any reason behind the sharp rise in its share price recently. The board said that apart from the accounts for the year ended December 1980, there are no other important matters pending announcement.
        50 words
      • Article
        VENEER Products Ltd
        27 11 has appointed three additional members to its board of directors. They are Messrs Danny H H Liew, P H Meadows and Yong Foh Choi.
        27 words
      • Article
        THE Kuala Lumpur Stock Exchange
        20 11 has queried Hang Leang Credit on its rumoured negotiations to purchase a bank in Malaysia.
        20 words
      • Article
        UNITED Motor Works
        179 11 ex- pects its pre-tax profits to increase to $31.31 million after consolidating the results of its newly acquired subsidiaries, UMW Trading Pte Ud and UMW Heat Treatment Pte Ltd. Its net tangible asset per share will also improve to $1.81 from $1.52 after accounting for its special
        179 words
      • Article
        HARIMAU Investments'
        34 11 net tangible assets per share was $1.46 based on the unaudited accounts at March 31. Assuming full conversion of the loan stock into ordinary shares, the NTA per share would be $1.31.
        34 words
      • Article
        SHAREHOLDERS of Carlsberg Brewery Malaysia
        51 11 have approved its one-for-two bonus issue at an AGM on April 23. Car Is berg said the share transfer books and the register of members will be closed from May 20 to May 28, both days inclusive for the purpose of preparing bonus issue share
        51 words
      • Article
        KILLINGHALL Tin Malaysia's
        32 11 bonus issue of one-for- two and final dividend of 65 cents for the year ended Dec 31, 1980, were approved by its shareholders at the AGM on April 23.
        32 words
      • Article
        PAN Malayan Holdings
        65 11 will hold an EOGM after its AGM on May 22 to seek shareholders' approval on its one-for-two bonus issue and one-for-one rights issue at 12.50 per share. It is also proposing to raise its authorised capital from $10 million to $50 million. The SES has approved in
        65 words
      • Article
        MALAYA Glass Factory Berhad
        96 11 is likely to propose a lower rate of dividend at the end of its financial year on July 31, 1981 on the enlarged share capital. The company, in its reply to a query from the Kuala Lumpur Stock Exchange, was however, unable to project what the
        96 words
      • Article
        RAJA Tan Sri Zainal bin Raja Sulaiman
        23 11 has been ap- pointed to the board of Ess* Malaysia Berkad with effect from April 22.
        23 words
      • Article
        TRACTORS Malaysia Holdings Bhd
        54 11 has informed the Stock Exchange of Singapore that approval has been obtained from the Malaysian Capital Issue; Committee for its one-for-eight rights issue of 12 million new shares. An extraordinary general meeting will be held on May 15 for shareholders to approve the rights issue priced
        54 words
    • Article
      Lock icon SBS rights alternative
      659 13 mm™ HOCK LOCK SIEW DEPRESSION has loomed over Singapore Bus Service shares. Over the past week, the counter has fallen noticeably out of favour with investors. When the market first got wind of a pending bus fare increase, there was a frantic rush after SBS shares and
      HOCK LOCK SIEW  -  659 words
    • Article
      SETRON WELL BELOW TARGET
      226 13 SETRON (Malaysia) Bhd has performed well below its forecast, reporting recently a 10.3 per cent decline in pre-tax profit to $701,653 for the year ended Dec 31, 1960. The company had earlier made an optimistic profit forecast of $1.71 million for 1960 in the prospectus relating
      226 words
    • Article
      MBSB outlook cautious
      481 13  -  By THE CITY STAFF MALAYSIA Building Society Bhd (MBSB) expects to maintain a satisfactory rate of growth in business and profitability in the next few years in view of the continued emphasis on housing under the Fourth Malaysia Plan (FMP). But its chairman Datuk Engku Muhsein foresees
      481 words
    • Article
      Dah Yung Steel surplus
      139 13 DAH Yung Steel yesterday announced that a revaluation of the company's assets has thrown up a surplus of $5.74 million. This surplus will be included in the company's accounts for the year ended Dec 31,1900. Rumours of the revaluation had pushed the company's share price considerably
      139 words
    • Article
      UE-Singapore Land pact
      158 13 UNITED Engineers Ltd and Singapore Land have signed an agreement to form a joint company to develop the former's 150 million site at River Valley Road. The signing was announced yesterday although agreement in principle was reached and announced last year. It was reported that the two
      158 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      206 11 Enjoy the best beef in town Business Lunch at the Shima Restaurant Goodwood Park Hotel Japanese cuisine Teppanyaki, Sukiyaki, Yakiniku and Shabu-Shabu At the Shima where else. Goodwood Park Hotel 22 Scotts Road Singapore 0922 Tel: *****81/2 -V' f V >* Wfi' French Fjichantment... direct from France (11«»tcl sI 1
      206 words
    • Advertisement
      Page 11 Advertisements Column 2
      716 11 SHORT DEPOSITS (MALAYSIA) BERHAD (Incorporated in Malaysia) REPORT OF THE AUDITORS TO THE MEMBERS We report that the Balance Sheet and Notes to the accounts stated below have been extracted from the Balance Sheet and Profit and Loss Account together with the Notes to the Accounts for the year ended
      716 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2173 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number •of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Acma (3.705)
    2,173 words
  • Article
    Unit trusts
    161 12 SINGAPORE UNIT TRUST INCOME BOND UNIT prim |«r Apr 29) The Commerce i Ob 4.27 (CVnsI pi Income Bond less) 131*The Savings Fund 2 23 2 34 bu 1 39xbu S'pore Prog Fund 1.70 1.78 S'pore Sec. Fund 2.C3 2 76 S'pore Invest Fund 2.51 2.M S'pore Equity
    161 words
  • Article
    SHARE INFORMATION SERVICE
    2814 12 Gr*a Gr'a Net 1981 Last Div Div Y*ld P/E Vol Day High Low Company Sale or- err (•OOO) High i Low SECTION ONE INDUSTRIAL COMMERCIAL 376 320 Acma 370 -2 14.5 2.8 3.9 15.1 5 374 370 Alcom 300 10.0 2.5 35 25.0 334 130 Allied Choc
    2,814 words
  • Article
    In Kuala Lumpur
    2091 12 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 of 1,000 units, unless otherwise specified. industrials <Uomb (3 28S) (1) 3.10 (1) 3 26 (4) 1.30 A
    2,091 words
  • Article
    COMPANY MEETINGS
    49 12 MALAYAN Cement BerhMh AGM to be held at 1st Floor, Wisma Damansara. Jalan Semantan, Damansara Heights, Kuala Lumpur on Apr 30 at noon. STRAITS Steamship Company Limited: AGM to be held in the Tower Room, Ocean Building, Collyer Quay, Singapore 0104 on April 30 at 11 am.
    49 words
  • Article, Illustration
    Bulls take a breather at SES
    732 12 THE MARKET wu a trifle ragged yesterday morning u the balls took a breather from tbe previous day's feverish build-up. When prices «oared to tbelr peaks oa Monday, ponters were ready to take profits the next day. Most counters thus suffered losses in the
    732 words
  • Article
    Kuala Lumpur closes mixed
    589 12 SHARE prices fell back after a barely steady opening to close mixed on the Kuala Lumpur Stock Exchange yesterday. Without the strong support seen on Monday, prices lacked direction by midmorning. A late attempt was made to shore up prices but this failed without any strong
    589 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      1036 13 APPOINTMENT REPORTER Reuters Limited, the international news agency, requires a Reporter/ Editonal Assistant for its Singapore Bureau. The successful applicant will be expected to cover a wide range of stories under the guidance of a senior Reuter Correspondent. He or she must be capable of maintaining Reuters standards of objectivity
      1,036 words
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  • Article
    Expatriate employees will have to pay CPF
    162 14 ALL expatriate employees who are employed on or after May 1 will have to contribute to the Central Provident Fund (CPF). The CPF Board announced this yesterday in a new Exemption Order, the Central Provident Fund Act (Exemption) Order, 1981, which replaces the
    162 words
  • Article
    Bukom fire caused $11m damage
    80 14 THE FIRE at the Shell refinery at Pulau Bukom two Saturdays ago caused damage estimated at $11 million. A statement from the Ministry of Social Affairs said the fire, which at its height had 378 men fighting it, burnt off 5,000 cubic metres of fuel
    80 words
  • Article
    NWC article
    46 14 SOME of the views on NWC wage guidelines which appeared in yesterday's Business Times article entitled "Second-tier NWC may be higher" were opinions of private employers and do not necessarily represent the official views of the Singapore Federation of Chambers of Commerce and Industry.
    46 words
  • Article
    King's taking over property company
    583 14  -  By KOH TSE YING KING'S Hotel has acquired a local property development company for $54 million. The hotel announced yesterday that it has agreed to take over the entire 200,000 issued shares of S K Chee Pte Ltd (SKC), whose principal activity has been the
    583 words
  • Article
    Supreme Corp goes on a land-buying spree
    625 14 SUPREME Corporation has announced a series of acquisitions involving the purchase of choice converted land in Kuala Lumpur, Penang, Province Wellesley, Malacca, Seremban and Johore, for a total of Msl6B million. The land, totalling about 325 hectares, will contribute "positively" to group earnings,
    625 words
  • Article
    LONDON STOCKS
    889 14 LONDON, Tues. The stock market closed with appreciable falls across the boards as the eventful long Easter holiday account drew towards its close today. Profit-taking particular among those shares which have figured prominently in the recent record brealing advance not surprisingly suffered most. Selling was, however, not heavy.
    889 words
  • Article
    Lock icon Dow Jones higher
    91 14 AP NEW YORK, Tues. The stock market continued to rise this morning as President Reagan prepared to appeal to Congress for speedy passage of his economic programme. The Dow Jones average of 30 industrial stocks, which reached an eight-year high yesterday, climbed another 1.71 points to 1,025.76
    AP  -  91 words
  • Article
    Lock icon Nine killed in Sumatra air crash
    179 14 Reuter NINE people, including four crew, were killed when a chartered DC-3 plane carrying oil workers crashed in Indonesia yesterday. The owners, Airfast Services, a joint Australian-Indonesian venture said it was carrying 13 passengers, including Americans, Canadians, British and one Australian. Their names have
    Reuter  -  179 words
  • Article
    Lock icon OIL OUTPUT OF OPEC STATES DROPS
    101 14 Reuter OPEC oil production averaged 24.7 million barrels per day (bpd) in February. This was 16.8 per cent below that of the February 1960 output. Iraq and Iran, whose output has been slashed by the war between them, managed to raise it in February
    Reuter  -  101 words
  • Article
    Lock icon Car exports to US drop by a sharp 25pc
    217 14 UPI JAPAN'S car exports to the United States nosedived by 25 per cent last month because of higher sticker prices and keen competition from American carmakers. Shipments to the European Common Market last month also dropped from last year's 64,218 units
    UPI  -  217 words
  • Article
    Lock icon Sony develops new video system
    209 14 Reuter THE SONY Corporation announced yesterday it has developed a new highstandard video recording and playback system, called the high definition video system, that could someday make film obsolete. Sony chairman Akio Morita told a press conference that the prototype is the first high-definition video
    Reuter  -  209 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      493 14 BIG ERUPTIONS MOST INVESTORS KEEP MISSING And the fallacies of gloom-and-doom forecasts U.S. authorities are once again pretending to turn the fiscal and monetary screws through policies ostensibly designed to halt an overheating of the economy. Wall Street s trigger-happy forecasters Interpret these artificial and short-term measures to mean that
      493 words
    • Advertisement
      Page 14 Advertisements Column 2
      400 14 V 0 V N fm m e V I ft i A bank that knows Europe thoroughly is opening a branch in Singapore. Banque Bruxelles Lambert. Want to increase your business between Asian and European markets? A European bank. Banque Bruxelles Lambert, just opened in Singapore. Its address: 15-00. PI.L.
      400 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      59 14 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report for 24 boors prior to 7J pm on April 28 at the airport. Maximum temperature 32.8 Associated humidity 64 Minimum temperature 25.0 Associated humidity 95 Hours of sunshine 7.60 Rainfall in millimetres Trace Total rainfall for the
      59 words
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  • SHIPPING TIMES
    • Article
      PSA places $1.6 million order for a new computer
      170 15 THE Port of Singapore Authority (PSA) has placed a $1.6 million order for a new computer to boost its present operational tyThe new system is the ASSOOON from National Advanced Systems (NAS), a central processing unit which is compatible with the
      170 words
    • Article, Illustration
      OCL sees lower profits for next two years
      656 15  -  By JAN LEE OVERSEAS Containers Limited (OCL) expects lower profits for 1981 and 1982 in the face of deepening recession, a world surplus of liner tonnage and increased competition. The main area of uncertainty is on the Far East' Europe trade, on
      656 words
    • PORTSIDES
      • Article
        Lock icon First Japanese LNG ship
        82 15 Reuter KAWASAKI Heavy Industries Ltd said it will deliver a liquefied natural gas (LNG) carrier in September to Gotaas-Larsen Shipping Corp, a Norwegian owner registered in Bermuda. The carrier, worth 30 billion yen and capable of carrying 125,000 cubic metres of LNG, will be the first
        Reuter  -  82 words
      • Article
        Cargo reservation
        86 15 TAIWAN'S Executive Yuan (parliament) has ordered all government agencies and state-con-trolled enterprises to consign their cargoes to Taiwanese shipping lines when they import capital goods and bulk commodities from abroad. The directive said overseas purchases should be made on an FOB basis to ensure that shipment is made
        86 words
      • Article
        Howard Smith delivered
        57 15 HOWARD Smith has taken delivery from Kasado Dockyard in Japan of the 31,000 dwt Howard Smith, which will be Australia's first carrier in the overseas coal trade. The ship is designed to load from Coal and Allied Industries Ltd's small stockpile at Ball's Head in the port
        57 words
    • Article
      INDEX TO ADVERTISERS
      758 15 Shipping Li»e Page C«l Achipelego vn i Adriatic VI 5 Afea VI 3 Afro-Eurasia VI 2 A) Navigation VI 2 Alfred CT vm i All trans VI 5 Alpar VI 5 Angkutan VI 4 Angonave V 1 Anhsing vm i ANL i i Antoll vm i APL
      758 words
    • Article
      Lock icon Avondale plans for new drydock
      355 16 Seatrade THE RELATIVE health of the US shiprepair market was attested to by the recent announcement by Ogden Corp that its subsidiary Avondale Shipyards plans to build a new US$5O million floating drydock and support facility at its New Orleans main yard. Avondale has said
      Seatrade  -  355 words
    • Article
      Container Schedules
      924 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 Hongkong Ex TA 4 VC press 45/535 29.4.81 0600 Segani Ned Hoorn 143 29.4.81 2300 Ned-EAC TA 3 TT P. Eisenhower
      924 words
    • Article
      LONDON FREIGHTS
      1518 16 ACTIVE time-chartering in which Soviet charterers were prominent featured an otherwise rather dull freight market on Monday, brokers said. Business on Soviet account included a 35,000 tonner with delivery Savona for a trans-Atlantic round voyage at US$9,lOO daily, and a 43,000 tonner with delivery Nantes for a River
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    • Article
      SHIPS IN PORT
      358 17 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Golden Eagle (0600 subject freeboard) 25 Jalayamini (after Chios Merchant) 8/9 Jenson II (0700 subject freeboard) 22 Nedlloyd Amsterdam (0530 after Lloyd Bakke sails) 5 Nedlloyd Madras (2000 after Nedlloyd Amsterdam) 5 Nedlloyd Spaarnekerk (common user) (2000 after Sagaland No 6 Donam
      358 words
    • Article
      Lock icon Mid-East rates edge higher
      183 17 Reuter INCREASED demand for large tankers loading in the Mid-East Gulf resulted in freight rates edging higher during the past week. London shipbrokers E A Gibson says that if current demand continues, rates may continue to harden as the amount of spot tonnage available has decreased
      Reuter  -  183 words
    • Article, Illustration
      Lock icon Renewed interest in Strait of Magellan
      838 17 Fairplay SINCE 1916, when the Panama Canal opened for business, the surveyed navigation channels leading through Chile's southem islands to the Strait of Magellan have largely been forgotten by the shipping world. What was once considered the only safe passage between the Atlantic and
      Fairplay  -  838 words
    • Article
      Japan to build huge dry bulk carrier
      259 17 A CONTRACT has been signed in Japan to build the largest dry bulk carrier in the world said to be the first of a new generation of giant vessels with emphasis on the coal trade. Subject to government approval, Mitsubishi Heavy Industries will
      259 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1306 21 SCHEDDLE 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 published at a maximum of three weeks. PN
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    • Article
      Lock icon WEEKLY FREIGHTS
      749 22 AFP SOVIET enquiry was encountered on the freight market last week, prior to the lifting of the US grain embargo against the USSR, but overall conditions remained quiet because of Easter holidays. Rates showed marginal gains in the Atlantic during the early part of the week, but the
      AFP  -  749 words
    • Article
      World Services
      171 22 IRAQ-Far East: Mitsui OSK Lines (MOL) has resumed its container service to Iraq. MOL had operated a fullcontainer service between the Far East and Iraq as a member of the Oasis Express Container Lines but this was suspended after the outbreak of hostilities between Iraq and Iran. MOL
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      357 15 Everett Lines FOR THE MOST FREQUENT SAILINGS TO BANtAOK HONC. KONC, JAPAN BUSAN CHITTAGONG CALCUTTA CHALNA RANGOON BUENOS AIRES MANZANIII O AC APULCO Everett Steamship Corpn. S/A Clifford Centre Singapore lel ***** 9 36 Beach Street Penang Rm 36 103 OCBC Bidg lel ***** 3 Port Kelang Agents SOCSHIP CO
      357 words
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      Page 15 Advertisements Column 2
      365 15 HSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES B3n Loading for T* Al FUtAHAH 25 19/5 m BM BASSAAI 13 27/5 S5» AHMAD AL FATEH 25 7/6 FULLY CONTAINERISED SERVICE Clostng times fa 3 5 1900 HRS LCI 3/5 0700 HRS AL WATTYAH *13 Dub* (13/5).
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      Page 15 Advertisements Column 3
      13 15 CONTAINER Schedules LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather WORLD Services
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      Page 15 Advertisements Column 4
      571 15 FOR PEOPLE WHO MATTER imes Periodicals Pubi'Cation ★L MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: UJS. PACIFIC. GULF, ATLANTIC, EAST CANADA. ASIAN PORTS Penang I Vessel ALBERT ADMAN •SINGAPORE CIOSMG TMES CY 3rd May 2300 MRS CFS 3rd May 1100 HRS TO: BELGIUM, HOLLAND. GERMANY. SCANDINAVIA. SWITZERLAND. AUSTRIA, FRANCE Feeder
      571 words
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      Page 16 Advertisements Column 1
      641 16 Miscmi 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 Container Serine e Mm Accqiteig Far 1) Barcelona. Genoa, 2) Amsterdam, Antwerp. I Havre Bilbao, Basle. UH. J) Bremen. Betmefhaven. Aartais. Copenhagen,
      641 words
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      Page 16 Advertisements Column 2
      226 16 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA m MMVAIS "BARBER TOBA" Mar 2. "TERRIER" tt>r 7. "BARBER NARA" Mar 17. "TALISMAN" Mar 21 «U KSSELS BEJTW SBKAPOBE AT OS TEBMBMI GOOONH 47 TO: CALIFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE 'mISO ACCEPTBK MLB Ta Itowton. Nni Ortaana. IMb
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      876 17 NOTICE ATLANTIC GULF-SINGAPORE, MALAYA THAILAND Kin Announce that v/.e.t. Ist May 1981 Container Demurrage Rules will be applied for cargo discharged at Penang. The Conference have appointed Suruhanjaya Pelabuhan Pulau Penang (Penang Port Commission) to act as their Agent for the collection of these charges which must be settled before
      876 words
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      Page 17 Advertisements Column 2
      551 17 io Franco Belgian Services {Fit Fa<t Frc-ich Service itk h<ir Kiistirr. /.tnrO MW TO PMOPt amconian KPTUK CMHCT kokan chance SE*N SEAS BWDfi AC f CONSO® 1 fm contamksht sejubce fmi eimope C.M.C.R. «f D CIUB mi txmmnm awn ro tonomoii S pore P Ketonj B'lona MDXTOnuiKi M OCOUUIMO I
      551 words
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      767 18 Hapag-Lloyd TO NORTH EUROPE HM|k«|El<nU Kantart Eiprtss Ivmu Mm AM—■ Eiprtss Kuu|i Mm TO MEDITERRAJCA On* VaMe H bur| Blwiren Rdam 21/5 23/5 27/5 29/5 5/6 7/6 10/6 12/6 13/6 15/6 TO MMTHEMGft/ICnTEMMM/ S'pore P* Pen Bilbao Genoa H'burf B'lia»en Rdam Antwerp 8/5 11/5 8/6 2/6 18/6 16/6 13/6 11/6
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      Page 18 Advertisements Column 2
      760 18 KOREA TZ G P. Kelang PENANG S PORE VEGA 159W SW In Port 30/4-3/5 FROM BUSAN BANGKOK VEGA 160E Sid In Port 30/4-3/5 TO BUSAN INCHON AITAIR 163* 18 22 May 23-26 May 28 31 May FROM BUSAN BANGKOK ALT AIR 164E 18-22 May 23-26 May 28-31 May TO BUSAN
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      Page 18 Advertisements Column 3
      575 18 0 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON. MANCHESTER. BIRMINGHAM, BRISTOL. LIVERPOOL GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN, OSLO. STOCKHOLM. GOTHEN BURG. AARHUS. COPENHAGEN HOLLAND AtfSTTRDAM l*t«dam Fafcttem It Htw» 14/05 Vm 31/»5 2/00 3/00 Wf 5 V* 7/U 0/00 U/M
      575 words
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      Page 18 Advertisements Column 4
      1433 18 ipr—r iao.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD 31 SANKYO LINE JAPAN/STRAITS SERVICE GENERAL AGENTS CONTMNER BOOR HE OCEAN SWPMG STORE TU *****44/7 lAIALS CONTAMR f KUANG TU (347 0J73/4 SUB AGENTS P KUANG EAST ASIA SHPPMG TU 30 0732/3/7251 PENANG MALAYSIA TRADE ft TRANSPORT TU (7003 t ***** OC{AH SHPPMG
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      Page 19 Advertisements Column 1
      859 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMRO, HOOEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) VOY. SW/6E 7W/8E 9W/10E SPORE 10-11/5 13-14/6 17-18/7 COLOMBO 16-17/5 19-20/6 23-24/7 HODEIDAH 24-24/5 27-27/6 31-31/7 JEDDAH 26-26/5 29-29/6 2-2/8 AQABA 28-28/5 1-1/7 4-4/8 2ND CALL COLOMBO 7-8/6 11-12/7 14-15/8 SPORE 13-14/6 17-18/7 20-21/8 Accepting LCL Cargo
      859 words
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      Page 19 Advertisements Column 2
      1030 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE h burg bhaven roam havre soton Spore P Atlang N Germany' Austria Antwerp France UUK HataMg (iprns 4/5 1/5 27/5 29/5 3 liim MM 12/5 14/5 5/C 7/1 Atamama Eiprtst 11/5 M/ 5 10/6 12/ C I Kaluga Mara 27/5 13/6 15/fi
      1,030 words
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      Page 19 Advertisements Column 3
      703 19 Scan Dutch 9 ■■■MM WEEKLY EXPRESS CONTAINER SERVICE TO mep/uk/nc/scan i Spo" l>Mse*s?)R<lar» 3iHbx|4)ClMf| Basle Slot) (OPT) I OAKM 1/5 I PFtoCA 14 8 OMI* 15/5 t PfNAO 77/5 I DAMIA 29/5 s PINAGA 5/4 AcceptMf to 11 Barcelona Genoa 2) Amsterdam Antwerp Lt Havre Inerpool UK Caw? S»ands Ji
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      Page 19 Advertisements Column 4
      608 19 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION ft S. AFRICA STREAMBANK Spore: 2/3 May Also accepting FCL containers. (loading direct for Durban and Copetown only) Lines U.S. WEST COAST SERVICE Dnd from SfO Lbch SPORE ASHLEY LYKES Sid Sid 29/5 LESIE LYKES 17/6 14/6 16/7 tor S'tle T* 21/6 22/6
      608 words
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      Page 20 Advertisements Column 1
      842 20 Kline KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA Eat* truth aba »a Citpn atea acceptaMe to I Bntan. St. Mn. rMadcMu I land. Kmcauvat. Portland. Houston. Gafveiton New ftteam Mi. Baftanare, Satamah. JackiamMe TO EUROPE P Keung L Havre R dam H burg Bremen A «eip (Keeptut
      842 words
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      Page 20 Advertisements Column 2
      662 20 a CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lo**f tar lOS ANGELES SAN EUANCBCO SEATTU. TACOMA VMCOMI BC Acceptng ECL/FCL Contwwn P Singapore I Angeles VBHVA PAMML" 13 May 14 Mn 10 km «m PRAfUIA" V km II Mm 6 My AAVBAS "V (NMD AUSTRALIA EXPRESS CONTAINER SERVICE Acceptang FCI/FCI
      662 words
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      Page 20 Advertisements Column 3
      456 20 r ''y S A(ir<»un SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 114 LINES* TERMINAL OF FICE *****83 TELEX RS ***** RS ***** A/B CARSMIP CABLE CARGOSMIP CQBI (loiitaincr Lines WEEKLY CONTAINER SERVICE to/from BANGKOK 1/4 MM i/lHn 11/U M>? 14/15
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      Page 20 Advertisements Column 4
      613 20 KORINS MARITIME SERVICES ft 1 Room 601. ICB Building Shenton Way. Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES iX' SAM ICK LINES I iialii al IV SaaMcfc Sraap it Ciafwn IMR SERVICE FROM KOREA/TAIWAN HONG KONG TO SMGAPORE Inchon Busan KtHunj Hlrn Sport I 1
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      Page 20 Advertisements Column 5
      798 20 ■NTRASEA (PTE) LTD. Faber House. 234E Orchard Road Singapore 9 Telephone *****1V*****57 wornAtiA&iis REGULAR KWfwon SEHVICE TO EUWPE S pore P Kelanj Penan( laadrif tar: ANANGEL HARMONY NBIO9 (Mir 9 May NORASIA NBIIO 2 km 6 km R DAM UK (AVON) BOULOGNE/UK (AVON) Ajenti Seaport MTKASCA (PTE) LTD *****11 BOOKMG
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      Page 21 Advertisements Column 1
      585 21 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): C. CONTAINER 11N. N GARNET 5N K JACEWON 13N. TN BRIDGE 6N Also accepting cargo to/from Scandinavia N GARNET S'pore Closing Times: FCL Cargo 0700 7/5 LCL Cargo 1900 6/5 FROM EUROPE (VIA SUEZ) TO WEST COAST (USA)/CANADA l We accept LCL
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      Page 21 Advertisements Column 2
      323 21 MALDIVE LINES FOR BOOKINGS I ENQURES PLEASE CONTACT: SWGAPORE POiT KELAN6 PANOCEAN NAVIGATION t TRADMG OMENTAL SHPPMG CORPORATION CO (PTE) LTD TEL: 11. *****6/4*7544 UN MTDtNATIONAL PLAZA PORT KELANG 3S7S4S ANSON ROAD KUANTAN *****519 SWGAPORE 0207 TEL: *****20 PAS* GUDANG 073WM5 UT LAST!:K\ \K LINKK. LTD gpiciiUll in NO/NO Sanrtca
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      Page 21 Advertisements Column 3
      338 21 SINSOV SINGAPORE SOVET SHAPING CO PRIVATE LTD SMSOV BUR.DMG 55, Market Street Singapore 0104 Telephone Number? *****3 (10 Lines) Cable Address SMSOV SINGAPORE Tefci Numbers RS ***** RS ***** RS 2510S P KELANG M/S SHAMKAT NAM SOON SON. BM). IST AND 2ND FLOOR. NO 1. JAIAN CEMPENWG. PORT KLANG. MALAYSIA
      338 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      658 22 Bangladesh Shipping Agency Pte Ltd A|HtS of Bangladesh Shipping Corporation S pore P Kelang Penang Loading tor BANGLAR SWAPNA' 4/5 May Chittagong "A VESSEL" 4/5 tune Chittagong For Bookings please contact Bangladesh Shipping Agency Pte Ltd Singapore: *****1 Oriental Shipping Corporation K.L.: *****6/Panang: ***** VT\ ALFRED C. TOCPFER LINE 1
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      Page 22 Advertisements Column 2
      331 22 FLE FREIGHT LINKS EXPRESS PTE. LTD. SMte 1413, 14ft Hmt. WwifMl flan, Awe* M 82V Tet *****45 (5 Iftea) 221M54 Tafci R3 ***** fRTMMI Auatralia-lntarfraight Line •Also Accepting Cargoes to Fremantle FREIGHT LINKS EXPRESS SERVICE Auckland. Lyttetton. Wellington. Napier i Ounedin EUROPE/U.K./U.S.A./CANADA Ail maior ports and cargo/container terminals SL WOOD
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      Page 22 Advertisements Column 3
      338 22 ft JOHORE SHIPPING LY 161 lAIAN IFNGKU BAOAR PORT Kf I AN(> SfIANGOR MAI AYSIfI BINTULU CONTRACTORS SDN. BERHAD 37. Pandutfan Road. Kudang. Sarawak. ***** Tafci: MA ***** Express Car-Carrier/RO-RO Sarnct to East Malaysia P. Kelan( Loading fee BMTULU NO. 1 *7/11 30/4 KUCWK/SSU ■NTU.U NO. 1«:«/» 10/5 KUCtMC/SSU BMTULU
      338 words
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      Page 22 Advertisements Column 4
      399 22 `&&.]"%]%*:]&*}><|/+};{+;^@]|-' KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/ JAPAN Vessel NOD SIM V 3 rnouTK Fully Containerised Service Tokyo Kobe S pore P KeUngPerunj S pore Tokyo Kobe 27/4 21/4 10/5 12/5 13/5 15/5 21/5 21/5 12/5 13/5 22/5 23/5 24/5 26/5 5/6 6 6 Bmstud SMppins *****4/*****5 Hanson I CrosfieM
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      Page 22 Advertisements Column 5
      299 22 r OCEAN LINES REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE (Also acceptmf cargo tor R|*U fiowfH Constaiua Submt to inducementl Spore PWme Penanj loading lor EASTERN PEARL IWB *<»» Part Said Ateiarakia/Lanauoi Pira«u»/B«rut/Lattjlua/ OWfCD VESSELS mas H SAGASIA PTE LTD. IMIL Jl (LOUIS DREYFUS GROUP OF COMPANIES) bd9W T* *****55
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  • Page 22 Miscellaneous
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      Page 22 Miscellaneous Column 1
      158 22 Regional weather i ft N m SI VA W A iA 'M I S B *r K rs r^>> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots V Cloudy Sky Wave height Surface wiads are
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