The Business Times, 21 July 1981
1981-07-21
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The Business Times
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Title Section10 1981-07-21 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, JULY 21,1*81 60 CENTS10 words
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BRIEFLY...
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Article97 1981-07-21 1 AFP MANILA, Mon. The three top officials of the Philippine Securities and Exchange Commission today submitted their resignations to President Marcos in the wake of anomalies linking some of its officials with a number of bankrupt firms. SEC commissioner Angel Limjoco and associate commissioners Julio Sulit and SixtoAFP - 97 words
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Article67 1981-07-21 1 UPI JAKARTA, Mon. Malaysia's Prime Minister Mahathir Mohammed will pay an official visit to Indonesia after Aug 3, when the Muslim fasting month ends, a high-ranking official said today. "The exact date of Mahathir's visit has not been fixed yet but it is for sure that Indonesia willUPI - 67 words
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Article51 1981-07-21 1 Reuter. BANGKOK, Mon. Kampuchea's three antiVietnamese resistance movements have agreed to meet to discuss formation of a coalition government. But Thai Foreign Minister Siddhi Savetsila, who returned to Bangkok last night from a New York conference on Kampuchea, gave no indication when the talks might be held orReuter. - 51 words
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Article65 1981-07-21 1 AFP VIENNA, Mon. A Damascus-based assassination squad arrived here a few weeks ago with orders to close in on Austrian Chancellor Bruno Kreisky, Interior Minister Erwin Lane said today. In an interview in the weekly Profil, Mr Lane said the assasination orders are an attemptAFP - 65 words
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Article79 1981-07-21 1 AFP LONDON, Mon. Tax evasion is a thriving business in Britain, and it is costing the state a fortune, according to American economist Edgar Feige writing in the Journal of Economic Affairs. A study of money movements indicates that at least 15 per cent of the country's grossAFP - 79 words
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Article63 1981-07-21 1 AFP PARIS, Mon. Western Europe continued to suffer crazy July weather conditions of heavy snow, rain and fierce winds without any likely change in sight. Heavy rains swept Paris and northern France and sun was only rarely glimpsed along the French Riviera. Three days of continuous rain wasAFP - 63 words
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Article64 1981-07-21 1 Reuter NEW DEI,HI, Mon. India is ready to change policies to raise exports, Commerce Minister Pranab Mukherjee told a meeting of exporters. He said last year's trade deficit was alarming and it is important that trade and industry cooperate to achieve at least 9 per centReuter - 64 words
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Article549 1981-07-21 1 FONG MEW LENG - AMBITIOUS COMPUTER PROJECT By FONG MEW LENG THE Government has thrown financial backing behind an ambitious joint venture project to manufacture high-capacity minicomputers in Singapore. Temasek Holdings, the Government's whollyowned subsidiary, and Development Bank of Singapore have together taken a 25 per cent share in the549 words
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Article256 1981-07-21 1 A NEW technique developed by Exxon Research and Engineering in the US can save upt, to 20 per cent of a company's energy bill. This "Energy Conservation Audit" is a systematic technique to identify energy-saving opportunities within an industrial plant, such as in the use256 words
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Article448 1981-07-21 1 ALVIN TAY - By ALVIN TAY RUBBER prices plunged to three-year lows yesterday as the market continued to be plagued by increasing supply and poor physical demand. Though production of rubber has pricked up recently, this is not matched by a similar rise in offtake for the commodity.448 words
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312 1981-07-21 1 SINGAPORE will soon have its first factory manufacturing reproductions of blue and white Ming porcelain. Besides its manufacturing function, the factory in Pandan Loop will also be listed as a tourist destination, said Lim Shu Jin, chairman of Chinese Pottery Arts A Handicraft, the company312 words
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Article174 1981-07-21 1 SINGAPORE Airline's management contract to help Sri Lanka's national carrier attain greater heights has been extended for another year. Although Air Lanka has managed to find suitable Sri Lankans to fill many positions in the airline, it still needs help in areas such as engineering and top management.174 words
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Article507 1981-07-21 1 CHRIS LIM - CHRIS LIM SHARE prices rame tambtlag all tver ea Uk Stack Exehaage «f Sappwe yesterday as lavesters Wt the» toagaes aad eat their lasses. It resalted la aae sf the msst sweeptag bear raids la reeeat yean, aiasMag pelats sff the Straits Times ladastrial507 words
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508 1981-07-21 1 AGNES WEE - By AGNES WEE THE Government's raising of booking fees for the purchase of new property and imposing of stiffer penalties for defaults in payment will be very effective in dampening property prices. In fact, developers fear that they will have such a harsh impact on the508 words
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Page 1 Advertisements
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Advertisement217 1981-07-21 1 =&;%(<_"!|!@'_}"|:|>)`]:-^{[][> GOODWOOD Park Hotel is now displaying reluctance to go ahead with its controversial deal to dispose of Hotel Malaysia and Ming Court Hotel Page 1$ GIVE me five years and Birkenhead Point will be known to the world, says Ho Whye Chung Page 9 OILFIELD Manufacturing has clinched a217 words
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Advertisement152 1981-07-21 1 SOTOUSTU SMOKE? THIN LET'S TALK TEETH You wouldn't use a scouring agent to clean bone china, would you? It's the same with teeth. Yet ordinary toothpastes are too bland to remove tobacco film, and tea, coffee or other stubborn stains. The answer? New Clinomyn the toothpaste specially formulated for smokers152 words
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Advertisement72 1981-07-21 1 The Singapore's Straits Business Times World DIRECTORY at your Qf Fingertips Singapore (Buku Merah) The reduction copier built on forward The Ricoh OT1800R •Clear, crisp copies, even half-tones. RICOH The world's #1 copier. Success unduplicated! For more information call *****5 ve mm. Wywy Private Limited Wywy Houm. 17. L*ng Km72 words
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TRADE AND INDUSTRY
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315 1981-07-21 2 SALMA KHALIK - By SALMA KHALIK OILFIELD Manufacturing clinched a contract worth several million dollars barely a fortnight after setting up business in Singapore. The company has so far fulfilled half of the $2.5 million contract with two US companies. A joint venture between Peter Sproat of315 words
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Article, Illustration258 1981-07-21 2 HOTEL Malaysia will soon have a $70 million extension which will more than double the number of its rooms. The 16-storey extension block will add another 353 rooms to the hotel, giving it a total of 569 rooms. There will also be 15 new suites in addition258 words
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Article296 1981-07-21 2 AN export promotion seminar has met lukewarm response from local electronics companies. Only five local delegates representing four companies took part in the seminar Export Promotion: How to find Partners organised for manufacturers of electronic components. Tne five-day seminar, which opened yesterday, is organised by the Singapore296 words
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Article326 1981-07-21 2 SINGAPORE'S offshore industry will be playing an < active part in Offshore China '81, the offshore industry ex- hibition and conference to i be held in China. 1 Two local rigbuilders, Baker Marine and Beth- 1 lehem, have booked large exhibition booths. The exhibition and conference326 words
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Article460 1981-07-21 2 SEMINARS AND COI*RSES July 6-Aug 28: CDP Module 2 Systems Analysis and Design, NPB Cuppage Centre, National Productivity Board July 7-31: Industrial Injection Moulding, NPB Cuppage Centre, National Productivity Board July 7-Oct 20: Certificate in Office Management Module 1 Approach to Office Administration and Organisation and Methods, NPB460 words
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Article, Illustration127 1981-07-21 2 PERKIN-ELMER Data Systems has appointed Mr" I)»vld Tjakjadl its hardware support manager for the. Far East. In this new position, Mr. Tjahjadi will be responsible; for coordinating hardwaresupport for all distributors' and sales offices in this re-' gion including logistics and. technical advisory support. He will also127 words
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Page 2 Advertisements
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Advertisement285 1981-07-21 2 ANTWERP JOHANNESBURG HONGKONG PRESIDEX SINGAPORE LOS ANGELES rnwiUfcA STOCKHOLM I THE PRESIDIUM DIAMOND EXCHANGE SINGAPORE 10th Floor, Wellington Building, 20 Bideford Road Singapore 0922. Tefc *****86J7 Telex: ***** HONG KONG: 16th Floor, Lee Hing Building, 54-58 Des Voeux Road Central, Hong Kong. Tel: 5-*****8 Telex: ***** July 21,1«1. I 00+285 words
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Page 3 Advertisements
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Advertisement166 1981-07-21 3 k ft, 7 Hi! •w PM v# S/Hi :>• 'V 93 1 PC* v-;v IK& fh Hi. k DISTRIBUTOR FOR SINGAPORE s— Tan Chong Sons Motor Co (S) Re Ltd cffiN SALES CENTRES: X U^ir l BEOOK BRANCH: 703 Blk 210 New Upper Changi Road S-1646. Tel: *****81. BUKIT TIMAH166 words
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RAW MATERIALS
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Article628 1981-07-21 4 AP THE US Agriculture Department supports revision of Public Law 480 to permit Chinese participation in the Title I concessional sales programme. Sid Seeley Lodwick, Undersecretary of Agriculture for International Affairs told the House for Foreign Affairs subcommittee on Asian Affairs that USDA hasAP - 628 words
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Article122 1981-07-21 4 Reuter INDIA has raised the price of domestic crude oil to 1,182 rupees a tonne from 305 rupees so that more funds are available to oil exploration and production agencies, an official statement said. The new selling price to domestic refineries will help considerably inReuter - 122 words
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322 1981-07-21 4 Reuter FOREIGN agricultural analysts said it is still too early to assess whether the Yangzi river floods in China's Szechuan province will severely affect 1981 grain production. However, China's 1981 grain target of 332.5 million tonnes, following a record 332 million tonnes produced in 1979,Reuter - 322 words
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309 1981-07-21 4 Reuter AGRICULTURE Secretary John Block said last Saturday that the United States needed to work out a comprehensive approach to supplying food aid to poland instead of applying stop-gap measures designed to patch up short-term problems. No decision had beenReuter - 309 words
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385 1981-07-21 4 Reuter THE USSR will import an estimated 38 million tonnes of grain in 1981-82. up three million tonnes from last month's forecast and up from 33.5 million tonnes in 1980-81. The US Agriculture Department said that even with imports at this projected recordReuter - 385 words
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Article224 1981-07-21 4 AP THE International Cocoa Organiation has called a council meeting for Aug 3 to 7 to wind up the old world cocoa pact and try to get the new agreement off the ground. The first day of this meeting will be attended by theAP - 224 words
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Article177 1981-07-21 4 CHINESE Prtiiee Ex ekaage, Stagapere, rlastag prieci per 1M kg yesterday. Cmml «II: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers. Capra: Mixed (loose) $72.75 buyers. Pepper: Muntok white pepper fob AsU NLW $370.00 seUers, Sarawak white pepper177 words
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Article195 1981-07-21 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Crttmm yara: China Blue Phoenix 208 2.3»; 32s 2.885. 40e 3.030 (per bale of 400 lbs). Piece |ii<s: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly195 words
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Article329 1981-07-21 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godoton: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.38, 100 per cent second class 1.16, 100 per cent third class 1.10, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80. Special329 words
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Article216 1981-07-21 4 THE Singapore rubber market yesterday closed sharply lower with August 1 RSS buyers quoted at 212.00 cents per kilo, down 6.50 cents from last Friday's close, dealers said. Prices weakened 3.50 cents in the morning on lack of buying support and stale bull liquidation, they said. Continued stale bull216 words
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Article365 1981-07-21 4 RAS prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b 204 50 205 SON Int. 1 R.S.S. August 216 00 216.50 Int. 1 RS.S September 223.00 224.00 Int 2 R.S.S ***** 202 00N UK'Cant 200 00 201 OON Int. 3 R.S.S365 words
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Article112 1981-07-21 4 NOON SSR and SMR priest ymerdar RA8 Aafwl Siptrabtr ICirrtit Mttei (Forward Mtk> Buyer* Sollcr* Buyrri 8«U«r» SSR JO (l lm polict < 196 SO 196 50N 196 50 M0.50N SSR SO (l-toapoDot) 1»4 00 H6 00N ***** 196.00N MULI SMR CV (ltao polktl 266.00 26* JON112 words
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Article585 1981-07-21 4 COFFEE: Robusta coffee futures yesterday eased from early morning highs and traded quietly in the lower half of a £20 range on September, in the absence of confirmation of frost reports from Brazil, traders said. SUGAR: Raw sugar futures opened lower with some follow-through long liquidation, traders said.585 words
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Article147 1981-07-21 4 THE Kuala Lumpur market yesterday closed slightly lower on lack of buying and continued reports of an abundance of oil in fairly moderate trading, dealers said. In July, the north region fell. Msls to $980 a tonne while south was traded unchanged at $975. In August south dropped147 words
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Article85 1981-07-21 4 THE STRAITS tin price la Penang yesterday firmed five cents to M 331.19 after rising four cents on Saturday, holding within the ITA middle range of $39.11 to $31.74 for the third day, dealers said. Con tinned strong buying from the US and Europe and some Japanese and85 words
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Article34 1981-07-21 4 Rubber: July 20 Singapore: Aug: 212.00 cents (down 6.50 cents) Malaysia: Aug: 233.50 cents (down 6.50 cents) Tin: M 531.10 per kilo (up 5 cents) Official offering: 270 tonnes (down 30 tonnes)34 words
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Article133 1981-07-21 4 Reuter CHINA imported 946,000 tonnes of sugar, raw value, in 1980 slightly down on the 9K,000 tonnes taken in 1979. The figures, published by the International Sugar Organisation, ISO, were derived from statistics reported by countries of origin. Cuba supplied 512,000 tonnes to China in 1900,Reuter - 133 words
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Page 4 Advertisements
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Advertisement27 1981-07-21 4 this sign means MORE! An immaculate carmore polish, more accessories, more back up service! Our sign means more, our service proves it. BTW Phone: *****30/46X3824/6 7255 727 words
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Advertisement130 1981-07-21 4 COURAGE CONFIDENCE LEADERSHIP DALE CAINCGiC 10 ways the Dale Carnegie Course helps men and women Acquire poise and confidence Speak effectively Sen yourseit and your ideas Be at your best with any group Remember names T funk and speak on your feet Control tear and worry Be a better conversationalist130 words
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Page 5 Advertisements
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Advertisement258 1981-07-21 5 m /-< W<& '-~y€ ?j'M MH I W| V >1* 4 W wmm&mm jTjt VQsffi r v c M 4&& wwt &««<* fit y* Jfcgh"' KSS *%■> W" •■"> > -f :> v, ■:•Y m m t9HP» _'*< i wmmfx ~mjm WmmT xMMkik tmmffi&SfflSP m%mmmS&Xk vy A%?WmH£Z .</■ mmm» ■>258 words
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OVERSEAS
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563 1981-07-21 6 NYT IN TRYING to help American car manufacturers cope with Japanese competition, the Reagan Administration may have hurt the domestic car companies' chances of challenging the Japanese in the market of the future: the luxury small car. This is the opinion of Robert Leone,NYT - 563 words
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251 1981-07-21 6 AFP IN THE last 10 years the demand for major petrochemical products among developing countries In the Asia-Pacific region outstripped that of developed countries in the same area. In many places in Asia, the average demand growth rate was 16 per cent compared with 8AFP - 251 words
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376 1981-07-21 6 AP THE STRONG showing by the new Social Democratic Party (SDP) in its first electoral foray has raised the prospect of ending the monopoly of government by Britain's Conservative and Labour parties. "We must be considered likely to form the next government," declared DavidAP - 376 words
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Article276 1981-07-21 6 Reuter GULF Oil Corporation has declined comment on a report that it will become the latest American oil company to raise a substantial line of credit amid a flurry of bids in the biggest US takeover battle. American oil companies have recently arranged borrowings on an unprecedentedReuter - 276 words
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240 1981-07-21 6 NYT THE REAGAN AtataMnttoa Is braHa« lUrtf far iteppeAip prtMirt by ErnptM muMm at the Ottawa auurtt to expert mere steel to tke Uatterf fitstca WWk tke iraamtle gevalaattow ef tkeir earreacfee kgalxt tke AeUar, tke Earepeaae say tkey skealg be akto to skipNYT - 240 words
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Article, Illustration335 1981-07-21 6 NYT POLISH Premier Wojciech Jaruzelski told the country's emergency Communist Party Congress on Sunday that the price of food, coal, natural gas and housing will have to be increased 110 per cent and that wage increases will have to end. Coming after five days of headyNYT; AP Photo - 335 words
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324 1981-07-21 6 AFP THE MALAYSIAN Customs and Immigration Departments have agreed in principle, except for one minor detail, to allow clear passage at the Causeway for Malaysian Airlines System (MAS) coaches bringing Kuala Lumpur bound passengers from Singapore to Senai Airport in Johore. The minorAFP - 324 words
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Article201 1981-07-21 6 AFP A ROW over traffic rights on the Hongkong-Seoul route could lead to the suspension of air services between these two places. Negotiations between South Korea and Britain failed to settle issues recently and another meeting is scheduled in London later this month. Reporting theAFP - 201 words
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WORLD IN BRIEF
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Article405 1981-07-21 6 Agencies PRESIDENT Saddam Hussein said yesterday Iraq was willing to grant political asylum to former Iranian president Abolhassan BaniSadr, now in hiding. President Hussein said Iraq was ready to accept Mr Bani-Sadr and other Iranian opposition leaders as political refugees, but not Ayatollah Khomeini. He said theAgencies - 405 words
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585 1981-07-21 6 BARRING a recurrence of the drought experienced in 1979 and 1960, Sri Lanka's real Gross Domestic Product (GDP) could improve to slightly above 6 per cent this year, following a 5.8 per cent advance in 1980. This projection was made by the Bank585 words
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Article728 1981-07-21 6 ARRIVALS Service Local Operator Naaber Tine From PAA PA005 0010 NYC/SFOHKG MAS MH601 0630 KUL MAS MH680 0645 KCH SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI427 0930 BWN MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP CAL CB14 1006 HLP728 words
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331 1981-07-21 7 Reuter AS WEST German Chancellor Helmut Schmidt pleaded for a loosening of US monetary policy at the Ottawa economic summit yesterday, the West German central bank, the Bundesbank, announced that it intends to keep money tight. Inflation and the international economic climate allows noReuter - 331 words
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146 1981-07-21 7 AFP LEADING members of the Riau provincial assembly have proposed that Batam Island, south of Singapore, be turned into a gambling and recreation centre for South-east Asia as a means to draw money for the island's further development. Though the Indonesian government has bannedAFP - 146 words
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87 1981-07-21 7 Reuter state oil company Pertamina is buying 63 new helicopters and fixed wing planes during the next three years to replace old ones. A company official said in Jakarta yesterday that the new purchases will include 30 80-105 helicopters, eight Puma SA-330 and 12 SpanishReuter - 87 words
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199 1981-07-21 7 American appreciates against yen Reuter THE US dollar continued its climb yesterday on the Tokyo foreign exchange market, briefly touching a 15-month high despite Japanese central bank intervention. Dealers said that by the end of trading the dollar had risen to 232.9 yen, one yen higher than last Friday's close.Reuter - 199 words
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Article162 1981-07-21 7 UPI INDONESIAN and South Korean contractors have agreed to cooperate closely on construction projects in Indonesia and the Middle East. The agreement was contained in a memorandum signed by Edi Kowara, chairman of the Indonesian Contractors Association, and Park Tong-Kyu, president of the Overseas Construction Association ofUPI - 162 words
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483 1981-07-21 7 UPI IRISH Republican Army (IRA) hunger striker Kieran Doherty was on the brink of death yesterday in his 60th day without food, but both Britain and Irish Republicans refused to compromise to end the grim fasts that have left six dead. A specialUPI - 483 words
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Article243 1981-07-21 7 Reuter ISRAELI forces mounted their first ground raid into Lebanon in two months yesterday and killed several Palestinian guerillas while gunboats fired a covering barrage at guerilla positions on the coast. A military spokesman said Israeli planes later bombed "terrorist objectives" in the Zaharani estuary areaReuter - 243 words
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Article634 1981-07-21 7 THE SABAH government yesterday signed an agreement with Sime Darby Berhad to place the management of the Sabah Land Development Board (SLDB) in the hands of the plantations multinational. Valid for an initial period of three years from October 1, 1981, the agreement provides for Sime634 words
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Page 6 Advertisements
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Advertisement159 1981-07-21 6 > Payrolls can be a problem UNinnr solves your problem The UNIPAY system is simple and easy to use and change* to payroll processing can be simply introduced. The benefits of using UNIPAY on the CPS Bureau are: <' f I^l CPS will set up your Payroll System to suit159 words
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Page 7 Advertisements
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Advertisement27 1981-07-21 7 ROASTS& SALADS'LUNCHEON EAILYS 19.50 em Floor, Front Block, Orchard Towers, A Orchard Road, Singapore 0923. T*: *****62(3 EBB Reservations Tel: *****50 Ampie parking space at raar block27 words
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Advertisement361 1981-07-21 7 Ford Granada. You'll need to discuss who'sdriving at ten paces ly. hr, J C V > v v-K -r Z' .v. *v? J*., *?•>- >\ X r". pTj- i ;>r 4 iS h* zft: .S-I&. -i-v-v >**> P-t.* <• V ft* 7 w 4* «\v ,V 'f- ♦>• -vV 'tr361 words
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Article384 1981-07-21 8 IN CONTRAST to the second half of last year which saw frenzied activity on the property front, real estate agents are now twiddling their thumbs and wondering when they are going to close their next deal. There is no shortage of sellers, as their books384 words
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291 1981-07-21 8 THE THOUGHT of another factory producing bine and white Ming porcelain must be horrific to purists and collectors. Purists will raise their hands in horror at the very thought of mass production. Collectors will despair at the thought of more-imitations flooding the market blue and291 words
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Article, Illustration1607 1981-07-21 8 HUGH O'SHAUGHNESSY - Foreign banks in Argentina are worrying about their loans. Foreign companies with large operations there are also worried. Why? Because there is a possibility of a return to the hyperinflation of five years ago. Bankruptcies, running at three times the rate of last year, are now so endemicFT; Source: IFS; Source: W World Economic Outbook 1981 - 1,607 words
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Article833 1981-07-21 8 FLORA LEWIS - FORUM with FLORA LEWIS NYT THE UNITED STATES has taken a bit of the steam out of mounting Allied pressures for a statement of its intentions in dealing with the Soviet Union. That was obviously the purpose of Secretary of State Alexander Haig's New York speechNYT - 833 words
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Page 8 Miscellaneous
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Miscellaneous637 1981-07-21 8 CRYPTIC PUZZLE ACROSS 1 Good man,, but he might low heart iuid wreck the boat (5) C Relatives who start sauntering around (5) 9 Dad's old-fashioned act that youngsters enjoy (7) 10 Open as a page may be (5) 11 Drunk but not Oat out (5) 12 The practice of637 words
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Miscellaneous37 1981-07-21 8 ?ni>toW '.-FtezdcDictens LOOK E-NOU'Re Go\*&, Pb&T GtQIS If* ToOQJO»se. UNtFoRmS uOh] Mf\R"MeCOUDJR OF RiffeMGD UHyCt DP<2K. R?*NG>feD &UJ£ 6-yS.S PuO R ROSCSOD DCHT GO Ffcß t SffcflTY FPOED UTiie. 00 s Va>iTvA > V o>goß6Y SMARTS FIND irtKy37 words
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Miscellaneous614 1981-07-21 8 ITiWIMRWDroi The flowering of harmony ale to largely to toe »,< to to toe eft i the XX 55 3 K 2 t* to toe tradHtoa at Mto to Bavl T1 —*i the wrii*! lit- et The itaa<li| alter player, le M U E t t SINGAPORE 5 3.00 PM614 words
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Article, Illustration1618 1981-07-21 9 FLORENCE CHONG - With the surprise purchase of two of Sydney's best-known landmarks, Singapore's Ho Whye Chung has suddenly been thrust into the public spotlight in Australia. Mr Ho, talking to FLORENCE CHONG in Sydney, explains why he has bought into Australia and where his future plans lie.1,618 words
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Page 9 Advertisements
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Advertisement72 1981-07-21 9 r fm r r This is to announce that K&T Enterprises Pty Ltd (Australia) is proud to appoint WORMART (S) PTE LTD as their Sole Distributor for their full range of P.V.C. Valves, Pipes and Fittings in Brunei, Indonesia and Singapore. BMt ■ward For any trade enquiries please do not72 words
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Advertisement259 1981-07-21 9 mm P. m ti Ml* te <# n m rxj t J Power Windows Power Steering «iV, H il •< 0 w t w Bfe IStes Tinted Laminated Windscreen tral Locking System .'X f A /A rV 0. £>==■ _< HOLDEN HIS Radial Tuned Suspension l\ Electric Boot Release Luxurious259 words
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BANKING AND FINANCE
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Article1060 1981-07-21 10 INCREASING NEED TO MODERNISE FT THE PROCESS of modernising the Spanish banking system is gathering speed painfully, as two different incidents have shown. The more recent was the collapse of Banco Occidental and its affiliate Comercial Occidental, with total deposits of more than US$BOO million. ItFT - 1,060 words
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344 1981-07-21 10 Reuter ITALY'S government has approved a package of proposals aimed at cutting public sector borrowing, but Prime Minister Giovanni Spadolini said the economic situation was still extremely grave. The measures agreed in a Cabinet meeting were in line with plans already announcedReuter - 344 words
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634 1981-07-21 10 AP BEIRUT banks may have bullet boles in their doors, but healthy balance sheets show their business is booming despite seven years of warfare. Deposits have more than tripled since 1974, the last year of peace in Lebanon, and the number of banksAP - 634 words
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Article365 1981-07-21 10 Reuter WEST German banks will continue to restrain their issuing activities in mark Eurobonds until the market shows a clear improvement, syndication officials said. Borrowers continue to show what some of the bankers said is an illogical reluctance to take up mark debt. The BundesbankReuter - 365 words
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Article47 1981-07-21 10 Reuter BAHRAIN offshore banking unit assets rose marginally to US$4l.4 billion in May from $41.1 billion In April. There were II reporting h*»k* in both months. The Bahrain Monetary Agency added that its director-general, Abdnlla Sail, was renamed governor, effective immediately. RenterReuter - 47 words
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Article207 1981-07-21 10 THE FIRST floating rate certificate of deposit to be issued by a commercial South Korean bank in Singapore was signed yesterday. The FRCD was issued by the Commercial Bank of Korea, the largest commercial bank in South Korea. The issue is the first FRCD the207 words
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Article564 1981-07-21 10 Reuter RECENT Jumbo Eurocredits for North American corporations total about 12 per cent of all previously estimate 1981 international borrowing, but these should not affect lending to sovereign borrowers. Ample liquidity from short-term deposits will allow the market to absorb, without much effect, this unprecedented surge in demand,Reuter - 564 words
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Page 10 Advertisements
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Advertisement915 1981-07-21 10 Oemicalßark Chemical New York Corporation and Subsidiaries Head Office: 20. Pine Street, New York, New York *****. )ecember 31 uofivoivofiva oiiiffntni o» incofnf Year Ended December 31 In thousands US dollars In thousands US dollars Cash and Due from Bonks Interest Bearing Time Deposits with Bonks Investment Securities (Market Volue915 words
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BANKING AND FINANCE
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Article108 1981-07-21 11 Reuter THE HONGKONG AiMdattea ti Buki has decided at Mi weekly meetlßg t* raise depestt rates by eae per eeat aersai the Ward (rem today. laterest ea savlags aad sevea day eall will he lifted to 12 per eeat (rem 11 Kit, three meaths te eeat (remReuter - 108 words
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Article28 1981-07-21 11 THREE mare haaks Baak sI Chiaa, ACB aad UOB have pegged their prtsMs leadtag rates at 14 per eeat, fsDewiag DBS' aad OUB'i aeve yesterday.28 words
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Article659 1981-07-21 11 AS THE GLOBAL dimensions of Poland's economic crisis have become clear, speculation has grown that the country will seek financial help from the International Monetary Fund (IMF). The Fund and its sister agency, the World Bank, have increasingly become lending institutions of last resort for659 words
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MONEY AND EXCHANGE$
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Article483 1981-07-21 11 THE US dollar opened very strongly against the other major currencies yesterday on the foreign exchange market. Opening levels were much higher than Friday's closing. However, the strength of the greenback was not sustained throughout yesterday's trading. Dealers said trading of the US dollar against the Singapore currency483 words
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Article22 1981-07-21 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.06 per cent.22 words
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Article122 1981-07-21 11 THE dollar opened well above its close here on Friday but off its week-end peaks in the Far East and traded quietly, dealers said. The dollar opened at 2.4480/90 marks against a Far East high of 2.4525/35, and after closing on Friday at 2.4410/30 in New York and 2.4210/30122 words
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Article194 1981-07-21 11 THE dollar yesterday fell slightly at the end of the day against most major currencies here as the market settled down after a more solid assessment of the latest US money supply figures, dealers said. They said the mark slipped against the yen as it followed the dollar down194 words
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Article186 1981-07-21 11 ASIAN ASIAN currency deposit interbank rates as at close on July 20. U8 DoUar»(8»oi) Off.r Bid 7 days 18% 18H 1 month 18% 18*. 2 months 1813/*****1/18 3 months 1813/*****1/18 8 months 18% 18% 9 months 17 7/18 17 5/16 12 months 17 5/16 17 3/16 8«Jn. Dm. /IfUJl. m186 words
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Article50 1981-07-21 11 RANGE of prt ces often !d by dlscount houses on July JO: Overnight: tv,% Call deposits: 6H* to 6Vi* CMK 3-month Itaytaf 3«Uia( Treasury bills 6H •Vk 3-month Bank bills 14 3/16 14 1/16 3 months CD 137/16 13 3/16 6 months CD 13 12% Source: National Discount Co50 words
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Article232 1981-07-21 11 SINGAPORE gold futures yesterday closed lower after fluctuating marginally throughout in very thin trading, dealers said. Total sales for the day was recorded at 21 lots while kerb volume at 119 lots, they said. Prompt closed weaker at U*****.60/416.00 an ounce against 416/418 last Friday, August at 417.50/418.30 against232 words
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Article38 1981-07-21 11 FH An New York 8 85B 8.85B 9.0SS 9 06S Zurich 8KB 8.90B 9 15S 910S Mm M Singapore 8KB 8.80B 9 CBS 9.00S Closing prv in US dollars troy nunc e. Source: Credit Suisse, S'pore.38 words
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Article145 1981-07-21 11 THE US dollar for overnight delivery yesterday closed at 232.90 yen after modest Central Bank yen support intervention compared with a 232.70 opening here, a 232.30/40 closing in New York and a 232.20/40 finish on the West Coast on Friday, dealers said. Trading was active and heavy with volume145 words
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347 1981-07-21 11 RESULTS of Pakistan's experiment with interest free banking were revealed in Karachi on Sunday when domestic banks announced that depositors earned more under the Islamic system than if conventional interest had been calculated. Four of Pakistan's five nationalised commercial banks said the returns347 words
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495 1981-07-21 11 VISA International has reported strong increases in total payment service volume both worldwide and in the Asia-Pacific region for the first quarter of 1981. For the three months ended March 31, Visa's volume on the card and travellers cheque totalled U5511,924 billion worldwide, up495 words
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Article54 1981-07-21 11 SINGAPORE remained a net importer of gold in May, importing 6.94 tonnes of the metal worth $226.79 mflttoo compared with 5.96 tonne» worth $200.97 ™wtn« in April. In the ame month Singapore exported 0.45 tonnes of gold worth $15.01 ««mini compared with OJ3 tonnes worth $31.11 mtiUnw la54 words
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Article726 1981-07-21 11 BANKAMEBICA Ctrp'i earnings from operations in the second quarter of 1981 fell 29.4 per cent to U*****.5 million or 83 cents a share from $173.6 million or 11.18 a share in the same quarter last year. Six months operating earnings fell 25 per cent to $231726 words
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Page 11 Advertisements
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Advertisement129 1981-07-21 11 J!V tr' T >■ ?> lk r t: > •v* T A 1/1 Weterigltvvliere the action is. If you're looking for speciality chemical products, marine flooring, hoses, dock fenders, belting and general rubber goods, there's really just one name you need to know: DUNLOP. Because Dunlop Industrial Division has an129 words
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INTERNATIONAL STOCKS
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Article683 1981-07-21 12 NYT SECOND-QUARTER earnings reports are beginning to roll in, and t£e early returns are mixed. While economists expect an overall improvement in corporate profits over the second quarter of 1900, they cautioned that the upswing will occur only because the comparable period of last year was a washoutNYT - 683 words
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Article146 1981-07-21 12 KIIBOTA has reported a setback tf 21.5 per ceat In ceaaelldated net pnflti far the fiscal year eaded April IS, to 15.58 billion yea, despite a strong export performance. Consolidated tarnover of 572.15 bdlloa yea showed a marginal gala of 1.1 per eeat. Sales of agrtcaltaral146 words
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Article369 1981-07-21 12 TEXAS International Airlines scored a victory last Friday when a Civil Aeronautics Board (CAB) law judge gave preliminary approval to its bid to purchase Continental Airlines. The ruling by judge William A Kane Jr now goes to the full five-member board, which said last Friday369 words
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Article149 1981-07-21 12 MITSUBISHI Motors Corp plans to set up a sales subsidiary in the US Jointly with Mitsubishi Corp this year to sell cars on its own sales network. Chairman Tomio Kubo hopes the new company will be established by August or September, when it will149 words
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Page 12 Advertisements
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Advertisement252 1981-07-21 12 "The American Express Card serves n IC^l§i§E^ vou well, wherever aood food is served. Getaway to Sentosa with family and friends Cost only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY THURSDAY (except public holidays252 words
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Advertisement153 1981-07-21 12 übertusf trill For lunch. For dinner, bor a richly rewarding experience. sl. 11! it it \l< nuiiiy i'i /nii-H It) service charge .'1 cess /cil'iJMi'.st' Rilstt.iifc! SdtlirA' .Su'uitU' </ 7 ."»<' J'' M-rnrv charge •> fvs.s iiw fe) C I'; irksi M Ti »(ni i.Si I Ji| MUM >71LS INTERNATIONA,153 words
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Advertisement249 1981-07-21 12 Feast like an emperor at Chinatown •f > C.* -V A bft r L 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 for our recommen dations Then be treated249 words
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Advertisement157 1981-07-21 12 OQGQO Inn Of Happiness Cantonese style. Szechuan style. I 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, |A| please call 737-2233. gSt HUON MTERMTIONAb SMGAPORts Where The World Is157 words
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Advertisement231 1981-07-21 12 See Page 13 for Asian stocks > A t >s The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the meMow sounds of yesteryear. Spacious enough to accommodate 450 people in comfort Dragon Palace Restaurant also caters to the cosy twosome l Oxley RisefPanang231 words
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COMPANY NEWS
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201 1981-07-21 13 ARAB Bumiputra Holdings Sdn Bhd will l pay M|7.25 for each of the 1.53 million Malaysian Mosaics shares it plans to ac- quire from A Clouet A. Company (KL) and Kowa Company. The price, which is at a J premium to Malaysian201 words
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Article378 1981-07-21 13 Carreat Ex Baeka Data Ittal far Tatalfar Payaaeat Date Claee PayaMe the year Prevteaa Alex HMga e%(b) NY A NYA NYA 6% 6% BSemhawaag 30%(q) Jul 20 Jul 27 Aug 12 30% 30%(q) C Sagara 10%I Jul 27 Aug 6 Aug 20 10% 20% Chem M 15%<b) Jul378 words
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Article426 1981-07-21 13 Company Particulars Ex Date Books Close AJCMD Alex HMgs 61 Hldga G Lamber Hytex J C Eat JCMPH Jehaa HMgs M IRWMIH M Cemeat Malaya wata Males Metre HMgs Orieatal HMgs PMC PMBI Paa Electric Pegl MMa PsMIe Baak PaMIe Textile Veaeer Pred Proposed rights issue of 2426 words
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Article317 1981-07-21 13 UNITED Oversees Back has served notice to redeem all its outstanding 6 V* per cent US$30 million convertible bonds 1968 on Aug 14. 1981. Bondholders have up to 4.00pm on Aug 7 to convert their bonds into ordinary shares of the bank at the rate of $4.65 for317 words
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Article485 1981-07-21 13 MALAYAN Cables expects intense competition in the wiring and general cables market because of "capacity exceeding demand." Selling prices will thus be under severe pressure in the current year. And with the group's efforts to maintain its share of this market, profits are also likely485 words
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Article159 1981-07-21 13 BUKIT Semhawaag Estates Limited: AGM to be held at 19th Floor, OCBC Centre, Chulia Street, Singapore on July 31 at noon. GROWTH ladastrial Hcldlags Limited: EOGM to be held at 1 Jalan Samulun, Jurong, Singapore 2262 on July 31 at 9.30 am. SINGAPORE Pedder Ce Ltd: EOGM to159 words
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Article599 1981-07-21 13 DAVID CHOW - By DAVID CHOW SHAREHOLDERS opposed to MWE chairman Datuk K K Sharma have voted him out of office at a stormy extraordinary general meeting (EGM) on Saturday. Their victory was accomplished by an effective majority of 80,979 votes. The shareholders had cast 2.915 million votes599 words
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ASIAN STOCKS
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Article278 1981-07-21 13 HONGKONG STOCKS steadied in very active trading over yesterday afternoon as local support came back to the market after the morning's drop of about 52 points on the Hang Seng index from Friday's record close, dealers said. The index closed at 1,777.82, down 32.28 points. Volume was high278 words
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Article265 1981-07-21 13 OIL stocks yesterday bore the brunt of selling in a generally weaker market as traders all but ignored news of a promising gas find in Queensland's Surat Basin. The announcement that the Royston 1 well had been declared commercial after testing at 8.46 million cu ft a day saw265 words
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Article62 1981-07-21 13 THE stock market yesterday closed mixed while turnoverover rose to 1,322 million pesos from a previous 1,035 million, dealers said JULY imh MinlM Pmh M AUm Coo a li|«u Ihm CML BTOwlrteb mrm MJI M 1* J| MMjadwt— B Ortmtal A OrtaM B PLOT Mm b Sm SSSSS B62 words
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Article341 1981-07-21 13 SHARE prices yesterday fell on profit-taking with many investors concerned about the yen's tall to a 15 month low against the US dollar. The market average fell 36.73 points to 7.840.1C in light trading volume of 380 million shares. The Tokyo Stock Exchange index shed 1.73 points to 583J5.341 words
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Article64 1981-07-21 13 SHARE prices yesterday closed higher across the board in quiet trading, dealera said. Thai Farmers Bank rose (our baht to 242, Slam Cement three to 199. JULY a tana 1SB l t u Kb ■uJ or AymStmfm IM 1 tB ui nmiiM Tfc 1 m Pint Tmt M ancti64 words
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Article30 1981-07-21 13 H.K.HANG SENG Monday 1777.88 Friday 1810 JO Week Afo 1711*17 AUSTRALIAN INDUSTRIALS Monday 727.6 Friday 7*7.8 Week Ago 730% ALL ORDINARIES Monday 688.7 Friday 606J Week Ago «67.430 words
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Page 13 Advertisements
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Advertisement49 1981-07-21 13 for loos cf fine f00d... (Rtftza Swiss Continental Restaurant OSS KAMPACfff World Trade Centre Japanese Restaurant witwr < I* .m 4 v« >WM|l -it-'•' <■ *3 i m (iwkkii lIMHMILy Szechuan Restaurant ifl \V X KAMPACfff Japanese Restaurant *1 < (■ukkii HmhmiLy World Trade Centre Szechuan Restaurant fl 'I A49 words
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2080 1981-07-21 14 BID and offer prices, officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number at shares traded shown hi brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Allied Choc2,080 words
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Article213 1981-07-21 14 SINGAPORE NTT TBI ST (Nm|fn' prim tar ill 21) The Commerce 3 68 3.87 The Savings Fund 2.12 2.23 S pore Prog Fund 1.(4 1.72 S pore Sec. Fund 2.47 2.(0 S pore Invest Fund 1.201 Xxd DIAMOND MOT 8POBE (Maaamm* prim tar Jal 21) Diamond S'pore Fd213 words
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Article2724 1981-07-21 14 1981 High Low Company Last Sale orGr's Div Div C'vr Gr'» Net Y'ld P/E Vol Day COOO> High Low SECTION ONE INDUSTRIAL COMMERCIAL 494 350 312 420 200 470 980 875 430 320 Acma Alcom 130 Allied Choc 161 BAT 330 Bata 110 Ben 360 Berjaya Kawat2,724 words
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Article1984 1981-07-21 14 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. IMHWTBIALB Alt)* (9-MB 3 745) (2) J TO Alex Batd (1KB) A1,984 words
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Article151 1981-07-21 14 PRASES Nmvc Limited: AGM to be held at OCBC Centre, 19th Floor, Singapore on July 21 at 11 am. MALAYSIAN CMtelaen (lfM) Bertad: AGM to be held at Room 2, New Tower Block (1st Floor). Hotel Jaya Puri, No 2 Jalan Barat, Petaling Jaya on July 21 at151 words
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Article809 1981-07-21 14 THE MARKET started this week with we ef the sharpest ieeflM» la recent year* and totk the widely meal tored Strait* Times ladastrlal ladex tUS petati tower to 877.88. The Basiaess Times lad)cator aIM fell I,SB$ paints to 121 >41. Althaagh the market I*809 words
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Article580 1981-07-21 14 THE Kuala Lumpur stock market suffered the worst decline so far this year as share prices took a severe beating yesterday. Sellers were dominant throughout the session, sending prices lower across the board. .Little or no buying interest was seen. All sectors showed losses but580 words
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COMPANY NEWS
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Article, Illustration739 1981-07-21 15 STEVEN TAN - By STEVEN TAN BOLTON Properties B&r--had, which has been building up its landbank lately, will gradually raise its investment base instead of just developing its properties for sale. Managing director Lim Yan Hai said this would be in view of the fact that many other739 words
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296 1981-07-21 15 MALEX Asbestos Cement Berhad has expressed concern that results for the first few months of the current year ending Dec 31, 1981 show that profit margins were affected by rising production costs. In his latest annual statement to shareholders, Malex chairman Tan Sri Haji296 words
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Article64 1981-07-21 15 HUTCHISON Whampoa said it will make an offer for the 45.79 per cent of issued ordinary shares of Anderson Asia Holdings that it does not yet own. Hutchison is offering HK59.25 cash for the 30.12 million outstanding shares, with a terminal dividend of $0.25, conditional upon approval by64 words
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Article, Illustration648 1981-07-21 15 IN THE Malaysian beer industry, the name of Kai Plaugmann has become almost synonymous with the success of Carlsberg, the Danish brew he had faithfully cultivated into immense popularity among beer drinkers in Malaysia. He leaves Malaysia on July 17 after 23 years half of his648 words
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224 1981-07-21 15 LOO Ting Swee, assistant general manager of Asia Commercial Bank (ACB),'was charged in a magistrate's court yesterday for offences under the Banking Act. Loo was accused in three summonses of "failing to take reasonable steps to secure compliance by the bank with224 words
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Article404 1981-07-21 15 Cwipuy K L Industries Kesang Tin K Kampar Kraroat Gula Perak Sentosa Chem Iod S J Amal Sel Prop Selangor Dredg n, j. j fertM F F F F I I I F I F Date AmimcwI l*ct year 1/5 5/5 17/6 17/6 NA 8/7 t/T 15/7 18/7404 words
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Page 15 Advertisements
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Advertisement272 1981-07-21 15 called us busytxxjies the other day, and he isn't wrong. Our interest are so wide-ranging pages. They I^Efflfiw range from ships to fertilisers, cars to chocolates, tractors to computer systems. In short, our interests are multinational and multifaceted. With a history and tradition of entrepreneurship behind us, we are well-equipped272 words
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Advertisement848 1981-07-21 15 BANK OF INDIA (Constituted in India) BALANCE SHEET AS AT 31ST DECEMBER 1980 CAPITAL A LIABILITIES PAID UP CAPITAL: (wholly owned by Government of India) RESERVE FUND L OTHER RESERVES: DEPOSITS AND OTHER ACCOUNTS: BORROWINGS FROM OTHER BANKING COMPANIES. AGENTS ETC.: BILLS PAYABLE: BILLS FOR COLLECTION BEING BILLS RECEIVABLE as848 words
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234 1981-07-21 16 THE bearish mood at the local stock market has certainly not deterred local entrepreneur Jack Chia from accumulating more Haw Par shares. Mr Chia yesterday disclosed a further purchase of 1624 million Haw Par shares at prices between 554.82 and $4.86 and between234 words
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133 1981-07-21 16 AMBASSODOR Hotel has extended its operations into restaurant catering just after having incorporated an investment company and development company within the month. The hotel informed the Stock Exchange of Singapre yesterday that it has successfully tendered for the operation of a seafood restaurant at133 words
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Chief Price Changes
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Article143 1981-07-21 16 Rises Indices Metal Box Spore 900 Paraaout TOO Iaebcape 320 Falls H Leone Credit 1500 Hoi( Leon( lad 1900 H Leoac Fla 1000 C Sugars 1840 Metro Hldgs 1800 Strait* Tradiaf 1060 U M W 800 OUI 1200 Sel Properties 1000 8yn Resias 860 Spore Land 1350 Geatiags 815143 words
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Article, Illustration158 1981-07-21 16 Falls Indices HLInd UM Works KLInd Genting MUInd Promet G Ceramics S Trading API B Raya SelProp PMC C Sugars MA A Magnum Syn Resins 2280 730 665 890 850 705 660 760 1180 580 800 1160 1990 2060 500 1 785 790 -170 -115 -100 -100 -100158 words
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130 1981-07-21 16 PEGI Malaysia Bhd yesterday served a aetlee d takeover after aa Syathettc It Is maklag aa after to acq aire all the remaialag LW mllltoa shares ia Synthetic Resins It dees set already swa. Pegi reeeatly acq aired M.2 per eaat sf Synthetic Bestas'130 words
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Article60 1981-07-21 16 METAL Bex has received ■nuiptsanra amaaatiag to shares repreeeatlag NJI per eeat sf Its righto lasae at the etoaiag date aa Jaly IC. It atoe received exeeas share appHeattoas ia respect sf m,rn share*. The halaaee ef «,478 sharea aat aeeeptod will he allotted to exeeas sharea60 words
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Article726 1981-07-21 16 ■KB» Companies Editor: Mano Sabnani By HOCK LOCK SIEW GOODWOOD Park Hotel is now displaying reluctance to go ahead with its controversial deal to dispose of Hotel Malaysia and Ming Court Hotel. And the delaying tactics employed by Goodwood in completing the already much delayed transactionBy HOCK LOCK SIEW - 726 words
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Article546 1981-07-21 16 HSUNG BEE HWA - By HSUNG BEE HWA THE merger of Acma Electrical Industries and PanElectric Appliances (PEA) has finally taken place. Acma and Pan Electric Industries (Pan-El) have signed an agreement whereby PEA will become a wholly-owned subsidiary of Acma. Pan-ED will, in turn, own 33.3 per cent of the enlarged546 words
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Article824 1981-07-21 16 LONDON, Mod. The market closed lower today with US and UK interest rates pressure pushing government bonds down by up to H point, dealers said. Overall trading was quiet. Equities were broadly lower. Leaders fell up to 12p with little resistance noted. Gold shares opened mixed and were824 words
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Article618 1981-07-21 16 mm™ by HOCK LOCK SIEW AFTER weeks of intense speculation, it has been confirmed that Inchcape Bhd is to retain the Toyota franchise (or Singapore and Malaysia, at least until 1963. And what good has come out of these rumours? Some painful lessons for investors and speculators.by HOCK LOCK SIEW - 618 words
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Article103 1981-07-21 16 AP NEW YORK. Moo The stock market lapsed into a broad decline this morning as hopes for lower US interest rates suffered a new setback. The Dow Jones average of 30 industrials fell 8.84 points to 960.08 in the first half hour. Losers outnumbered gainers by aboutAP - 103 words
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Page 16 Advertisements
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Advertisement110 1981-07-21 16 gWsit Asia's premier exhibition for the leather and leathergoods industries International Leather Fair Bto|\; July 22 25,1981 3, World Trade Centre. Singapore Featuring Tanned leather/hide skins Manufacturing machinery equipment Accessories such as buckles, ornaments Semifinished parts for footwear eta Shoes, handbags, wallets, belts, etc. More than 100 manufacturers Exhibits from110 words
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Advertisement789 1981-07-21 16 ACMA ELECTRICAL INDUSTRIES LIMITED PAN-ELECTRIC INDUSTRIES LIMITED The Boards of ACMA Electrical Industries Limited (ACMA) and Pan-Electric Industries Limited (Pan-El) announce that they have entered into an agreement whereby the domestic appliance manufacturing and distribution operations of Pan-El, will be merged with those of ACMA. The Boards ofboth companies believe789 words
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Page 16 Miscellaneous
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Miscellaneous68 1981-07-21 16 WEATjHER Outlook for Singapore from 6am to lpm today: Showers in a few places in the late morning and early afternoon. Report tar U hears prtor to 7Jtpm m J sly 2t at fee »lrp*rt. Maximum temperature 30.5 Associated humidity 72 Minimum temperature 26.1 Associated humidity 92 Hours of sunshine68 words
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SHIPPING TIMES
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305 1981-07-21 17 THE Ceylon Shipping Corporation has ordered seven new container ships for the National Merchant Carrier Service and the first of these will be delivered in 1982 from a shipbuilding yard in South Korea. Four have been ordered from the South Korean yard two of305 words
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559 1981-07-21 17 VONG NYAM MING - By VONG NYAM MING Efforts to reduce freight increases imposed by two USbased conferences serving Malaysian and Straits ports have been rebuffed by the Malaysia-Pacific Rate Agreement and the Straits New York Conference. Both US parties have shunned negotiations with the Malaysian559 words
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PORTSIDES
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Article118 1981-07-21 17 THE Ngee Ann Technical College will be conducting a part-time evening course on advanced welding technology starting on August 31. The course syllabus includes toics on welding metallurgy, welding design, welding sequence, inspection and testing, quality control, cost estimation, britle fracture and its prevention and automatic welding118 words
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Article91 1981-07-21 17 THE Pacific Steam Navigation Company (PSNC) f flans to serve Bermuda from next month through ts associate company, Dart Containerline. Weekly services to Bermuda will leave on Dart sailings to New York and will be taken on from there in Dart vessels. Until the new service can91 words
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Article154 1981-07-21 17 MITSUI Engineering and Shipbuilding has entered into an agreement with Hitachi, granting it the licence for the Mitsui Integrated Duct Propeller System (MIDP). Hitachi can now design, manufacture and install the ducts under the brand name of HZ nozzles, with the provision that the nozzles are manufactured by154 words
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Article647 1981-07-21 17 Skipping UM Page C+i Skipftmglimt PV C*i Actiipelego vn 4 EUat VI AJaa VI 3 El ma m A fro-Eurasia VI V Everett Orient IV All traits vn 4 Evergreen IV Alpac VI 5 Fesco vn Angkutan VI 4 Flotta Laura v Angooave V 3 Fountain IV647 words
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Article322 1981-07-21 18 ARRIVALS KEPPEL WHARVES Barge AB 1 (0900 6/7 Fuso Maru 33 '34 Kim Soon Li (0700) 22 Nedlloyd Ebro (2100 after Eleo Maersk) 3/4 No. 6 Donam (after Teakwood) 38 39 Niaga XXI (0700) 26 Privolye (1830) 35 36 River Gurara (1730 after Aegis Sonic) 1/2 Sanko322 words
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Article1064 1981-07-21 18 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 Slrl Bhum 21S/22N 18.7.81 S'pore Shpg TA 4 TT Aldebaran 1/81 18.7.81 0700 Sealion TA 4 TT N. Makslmov 11CE18.7.81 07001,064 words
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Article1394 1981-07-21 18 RENEWED Soviet and Chine* interest on Friday in the time-charter sector featured an otherwise rather dull freight market, brokers said. A vessel of 59,000 long dwt was booked on Soviet account for delivery Continent for a trans-Atlantic round voyage and redelivery Ska w/Cape Passero at U559,500 daily while1,394 words
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578 1981-07-21 19 Reuter IN HAMBURG'S bustling harbour there is a little piece of Czechoslovakia. It is a historical oddity which highlights the city's status as one of eastern Europe's most important ports in the west. The small patch of territory, unfenced and without frontierReuter - 578 words
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Article115 1981-07-21 19 Reuter A REGULAR container shipping service between the north Chinese port of Tianjin and Japan started last week with the- departure of a Chinese vessel for Osaka. The 10,000 semi-con-tainer vessel Funiushan was loaded with more than 200 containers of general cargo. Two sailings per month areReuter - 115 words
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230 1981-07-21 24 AFP JAPAN should build up its own commercial shipping capabilities to secure a stable supply of goods indispensible to the Japanese economy, the Japanese Transport Ministry said. The ministry said Japan's marine transport depends on foreign ships or Japanese-chartered foreign vessels for nearly halfAFP - 230 words
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Article187 1981-07-21 24 AFP CONTRARY to the expected trend, tanker rates edged up in the Gulf States area last week, although elsewhere there was a softer tone. Despite the continuing glut of oil, charterers became more selective in the Gulf States, both for size and date of availability. Options for storageAFP - 187 words
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Article372 1981-07-21 24 THE long-running Seatrain bankruptcy saga took a substantial step towards resolution when an outline plan for the reorganisation of the group's domestic tanker operations was given preliminary approval by creditors last week. The bankruptcy court has also given Seatrain the go ahead to complete the $31 million372 words
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Article174 1981-07-21 24 INTERNATIONAL exhibiUm far welding equipment July 14-23, Leningrad, Russia. Galhralth Wrtgh toon 11th nun la shipping July 18-August 7, Plymouth, Hampstead and London. OBitiwi Marine Technology exhiUtlen mad conference August 19-21, Gothenburg, Sweden. Hydrodynamics In aceaa engineering August 2428, Norwegian Hydrodynamic Laboratories, Trondheim, Norway. 4th Interaatl—al Skipping Conference174 words
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Article1159 1981-07-21 24 SCHEDULE 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/PK Ship calls at Penang and Port1,159 words
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Page 17 Advertisements
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Advertisement311 1981-07-21 17 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. See Page PM m. CONTAINER Schedules -SHIPS In Port LONDON Freights 5 REGIONAL Weather RI) 1M \\l A H IK Orient Overseas CwdcjMeA Line UUSMNE32W IOKM JtCPKM311 words
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Advertisement302 1981-07-21 17 OSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES Loading tor I.' rivT^~> wiUAwmm THEEK/W V.30 HUAZ V.29 FULLY CONTAINERISED SERVICE ADMNYAH V.15 AL WATTY AH V.15 22/J Loading lor Dubai (6/8), Kuwait (8/8). Dammam (12/8). Abu Dhabi (14/8). Doha (16/8). Bahrain (18/8) Dubat (16/8). Kuwait (18/8).302 words
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Advertisement723 1981-07-21 17 BALT-ORIENT LINE Baltic Shipping Co j Refiiar Smicn from Stalk East Ma to United Kingdom and IL-il f, i. Hi .a i ■>--!- norm uormnemsi rorts Agent: Singapore Soviet Shipping J| Co Pte Ltd Tel: *****3 MAERSK LINE 1 EXPORT FULL CONTAINER SERVICES TO: U A PACIFIC, GULF, ATLANTIC, EAST723 words
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Page 18 Advertisements
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Advertisement692 1981-07-21 18 MIBD Mm MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-o®, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE S«rwcf Ketanc Vessel SM N OEJMA 24/7 N HOORN 31/7 TOYAMA 7/8 N CRYSTAL 14; 8 JUTIANOIA 21/8 B PtRMAI692 words
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Advertisement238 1981-07-21 18 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EABT CANADA ■II" It irFP 1 u 'E an sm 25/7 IM VI a/ 7 M/l 11/t V* a/i a/i 1/1 1/1 v» v» M/i *a/» a/i 11/1 VM *VM •n/i •vi i/i VI VI •a/i *a/i •a/i a/i •VM "VM TOSA"ta|t TS4T238 words
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Page 19 Advertisements
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Advertisement635 1981-07-21 19 OGL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunai Ports and Bangkok Cutainwrtto Service Ta/Frcw Bantfcofc KSMOO W I.UU ffMM MM MOM Singapore to Sabah. Sarawak and Bnwai now a/a m urn m i.itai amm nwik BANGKOK AGENTS: BORNEO SERVICES LTD. BANGKOK TEL 234-1822 (S LIES) ENQUEUES: *SMGATORE635 words
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Advertisement274 1981-07-21 19 7 <-■ M s. Ife it L !»?e s Symbol of a superior container service THE V K In Asia: Mitsui O.S.K. Lines' Alligator Service is a dynamic force throughout Asia. It has 5 routes which link the major ports of Asia with Europe, the Mediterranean, the Red Sea, the274 words
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Page 20 Advertisements
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Advertisement584 1981-07-21 20 Hapag-Lloyd to north europe "Mm accept** Irwefwement c*je tor CARMCAN/WEST NOES «a Hambur| S port P* Pen BAoo Genoa Kbuff B'haven Warn Antwerp lt/t 21/8 24/1 14/1 12/9 27/9 25/9 22/9 20/9 TO IBA/CANMM HR lot* Oakland Seattle/ Ftidtr o pore B*ach TicofHi Bnaoan Eiprets Port 22/7 Hml Eiprass 31/7584 words
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Advertisement463 1981-07-21 20 KOREA SHimNO CORPN P. Kelai* PENANG STORE ALTAR 165E 4- 8 At* 9-11 Ati| 12-15 At* FROM BUS A* BANGKOK ALTAJR 166E 4-8 Au| 911 At* 1215 Auf TO BUSAN OA 1621 V 24-27 At* 28-30 At* 31 At*-3S«p4 FROM BUSAI BANGKOK VEGA 163E 24-27 At* 28-30 At* 31At*3Sapt TO463 words
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Advertisement481 1981-07-21 20 ©EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTWG CARGO FOR: UNITED HNMM SOUTHAMPTON. LONOON, MANCHESTER, BIRMWGHAM, BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM rpra WM IM>| FMm MtartM Uwp UHn (mt tin is/t 17/1 lt/t 21/1 ti/t iMkr481 words
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Advertisement801 1981-07-21 20 Burmi Fivt Star Sliipptfif Corpn. Va 16 jßk "BURMESE NATIONAL LINE (J a LOADING FOR RANGOON PA6IN M/MM MTIRTkimM M KTMtrw* 11/» A* B F SS C Agents m Motoybo BOUSTEAD SUPPING TEL NOS KL *****2/*****9 CinfMN Arfmtmm 0* Millcim MmcnlmmMl cmms== "ARGENTINE NATIONAL LINE" LOAOM6 FOR DURBAN MONTEVDEO BUENOS801 words
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Advertisement348 1981-07-21 20 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD O SANKYO LINE JAPAN/STRAITS SERVICE am* Man ocuh mk a oiiuwuu pie ire MUPOK TU 22V1144/7 t 22(1171 I UM m *****4 4M7JI worn MAutnu P. HLAK EAST OK 9VPME TE 34-5732/3/7251 ram Hum nun t rempoßT m t7tu tam Hy SUN UNION LINE348 words
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Page 21 Advertisements
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Advertisement860 1981-07-21 21 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH, JEDOAH AQABA (Reefer Cntrs Acceptable) Accepting LCL Cargo to Colombo A Aqaba. *FCL Cloaing 24/7 2300 Hrs. I S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' VESSEL •NEP TOPAZ NEP ZIRCON NEP TOPAZ NEP ZRCON VOY. 465/47N 465/47N 48S/49N 48S/49N MANILA 21-22/7860 words
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Advertisement843 1981-07-21 21 BUN LINE CONTAINERS io turn Wvwu [ipm; Tatra lay Km|i Kara 81—i Eiptu FraaAMt Eiprns larp lay Dm Mm Nl/hww EXPRESS CONTAfO SERVICE TO/FROM EUROPE HBURC IHAVEN ROM* HAVW SOTO* S por* P K(«m( W Germany Austria Antawrp franca UUI M/ 7 IJ/| IS/I li/l U/< U/t a/7 u/i a/i843 words
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Advertisement461 1981-07-21 21 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE S«W* l)Wwlß2)r<w> in oa 10a a/i i/io 5/10 6to 1/10 I HJMGA SM OArtlt a/7 0 PWAGA )l/7 DM* 7/8 1 rtMM 141 Otttlt 71/( ««ACA 71/1 DIM It 4 n WW 11/9 1) tecum lam Itpero 2) Aailafeo Artoarp. It UaipoolU K461 words
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Advertisement500 1981-07-21 21 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION t S. AFRICA A. VESSEL Spore: Aug Also occepting FCL containers. (looding direct for Reunion, Durban and Capetown only) Lukes/ 4 Lines U.S. WEST COAST SERVICE tor Ortct from SFO Ibck SPORE BLWN SDe/Tac VBC LESUE LYKES SM Sid 22/7 24/7 18/8 22/1500 words
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Page 22 Advertisements
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Advertisement809 1981-07-21 22 L K line KAWASAKI KISEN KAISHA. LTD j EXPRESS CONTAINER SERVICES TO NORTH AMERICA no Fomwssns* r% sp motwrhessels tk use Nvd lay M 25/7 27/7 lapan Act 21/1 Ima &jt« M|i 11/1 70/1 Verruano Bndf* 15/1 14N V* 4/1 PacMc Arr»w 22/1 1/9 t*awa Marv 22/1 31/> Km Maru809 words
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Advertisement503 1981-07-21 22 VBHM MIT ASH mourn 21/73 Mr 22/23 My 24/25 My INDIA SERVICE a/n w* WEST AFRICA SERVICE Acca»(ta( FCI/FCI Mam Lm*| tar: Ma*as Baetaar lafnApapa llMjai. Cl Dawu Harcawl. ataa lint Mricai parti if V' i»BAIM .H ti 7Aa t fc* a V* 29 A«g II Sap! 19 S«K 9503 words
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Advertisement410 1981-07-21 22 m' -A C«roup SINGAPORE SHIPPING AGENCIES PTE LTD ?OTH E LOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 L INE S» GENERAL *****1 14 lINE Si TERMINAL OEFICE *****83 TELEX RS 245% RS ***** A/B CARSHIP CABLE CARGOSMIP OB'i ISr Mhs WEEKLY CONTAINER SERVICE to/from BANGKOK SINGAPORE ISLANDS LINE MIDDLE410 words
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Advertisement653 1981-07-21 22 KORINS MARITIME SERVICES Room 601 ICB Building Shenton Way Singapore Tel *****22 *****67 P Kolang Tel *****4 *****5 MIDOIi EAST/RED SEA/EUROPE SERVICES STORE P. KELANG LOADING FOR: EDELWEISS 26 Jul Bahrain/Kuwait/ Damman/Ummsaid A VESSEL 10 Aug Iran Ports BUNGA VANDA... 30 Aug Jeddah/P.Sudan [Hyundae Shipping Co. Ltd. Ytiama Kobe S'pore653 words
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Advertisement659 1981-07-21 22 amrrinu limia, mesday, JBly Zl, IWI INTRASEA (PTE) LTD. Faber House 234E Orchard Road Sirtgapor* 9 Telephone **********405^ BREAKBULK SERVICE TO EUROPF7UK FULL CONTAINER WEST BOUND SERVICE FULL CONTAINER EAST BOUND SERVICE ETDKARACM 10 hi M r n* store 22 M FULL CONTAINER HK/KEE/YOKO SERVICE ARIGHT 2% A«««»ts Singapore VfTRASEA659 words
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Page 23 Advertisements
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Advertisement518 1981-07-21 23 awNOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE a meT>oef o' lie *Cf Consort' TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia +C. Paul S pore Closing Times: FCI Cargo 0400 26/7 LCL Cargo 1600 25/7 FROM EUROPE (VIA SUEZ) STRAITS/AUSTRALIA RD-RO CONTAINER SERVICE a w -ocon^518 words
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Advertisement555 1981-07-21 23 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALDIVE MPORTER 30/7 Loading For Male MALDIVE NATION 20/7 Loading tor Dubai/Abu Dhabi/ Bahrain MALDIVE NEIGHBOUR 30/7 5/8 Loading for Dammam MALDIVE NOVEL 30/7 Loading For Jeddah MALDIVE MAGE 2/8 10/8 Loading For Jeddah MALDIVE PEACE 3/8 10/8 Loading For Dubai/Dammam/555 words
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Advertisement917 1981-07-21 23 SINSOV SINGAPORE SOVTT SUPPING CO PRIVATE LTD SINSOV MLDMG 55, Market Street Smppore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SINGAPORE Tdei Numbers RS ***** RS ***** RS ***** P KEIAfK M/S SHARKAT NAM SOON SON. M IST AND 2NO FLOOR NO 1, JAIAN CfMPfNtNC PORT KLANG MALAYSIA917 words
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Advertisement104 1981-07-21 23 MCAMMII IM= r umvnvil Mllw BULK TIMBER PLYWOOD SERVICES To: UK/CONTINBU PORTS Antwerp Hamburg Rotterdam Tflbury Vessel Stngapcxe P. Ketong Celtic Sea In port WBl5 21 Aug 24 Aug WBl6 16 Sept 19 Sept AUTHORITY SHPPM6 ANO TRADMG PTE LTD. 1104/5. GoMan Mile Towsr Baact* Road. S*«faporc 0719 Talac RS104 words
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Page 24 Advertisements
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Advertisement405 1981-07-21 24 A_ ANTOLL LINES Independent FCI Containers Heavy Lifts Liner Service Direct B Ls to M*l«IOf kilß (GlOKi S*W»» B*tSB»W !»SM«NI» ola Sagaiand SotDrott SofTula Sagaiand 14S/17N 158/11 16S/19N Singapore hi Pt/Sali 23 hug 5 Auf 25 Sept 3 Sept 20 fort Krfanf My 24 Aug S Aug 21 Sept 7405 words
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Advertisement247 1981-07-21 24 ffe JOHORE SHIPPING LM 161 JALAN IfNGKU BAOAR PORT KELANG SEIANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD > Express Unrtload Service from P Ketong East Malaysia Brunei HAYATI V: 10/11 HAYATI V: 11/11 HAYATI V: 12/11 HAMDAH V: 13/11 HAMDAH V: 14/11 HAMDAH V: 15/11 P.KELANG In Port 31/7 12/1 23/7247 words
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Advertisement302 1981-07-21 24 SDUUUtT SOUTHEASTISU PTL LTD. REGULAR CONSOLIDATION SERVICE TO We can provide Door to Door Service. Rata avaiabie on roqaost. 22/7 25/7 18/ 27/7 30/7 21/ 2/1 5/1 27/ 10/1 13/1 4/ REGULAR WEEKLY CONTJUPO SERVICE ACCEPTMG FCL/LCI CARGO FOR: AUSTRALIA ALL PORTS AUCKLAND. LITTLETON COLOMBO iR/nOftUirO Al other enquiries can302 words
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Page 24 Miscellaneous
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Miscellaneous150 1981-07-21 24 t Regional Weather c V N > K\oi M A S3 LLI& Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather s-Y Wind direction with speed in knots *1 Wave height Cloudy Sky Barfaee wM an Indicated by arrows wUtfe150 words
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