The Business Times, 28 August 1981

Microfilm: NL11220
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 FRIDAY, AUGUST »,I*Bl 60 CENTS
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  • Article
    Prices of granite fall 10pc
    366 1 PRICES of granite have dropped by about 10 per cent over the past couple of months from about $30 per tonne to about $27 a tonne. Some contractors claimed that they got supplies from some quarries at $26 a tonne recently. These prices do not
    366 words
  • Article
    Market shows slight recovery
    216 1 SHARE prices moved up slightly at the Stock Exchange of Singapore yesterday. Dealers said the gain of 8.32 points by the Straits Times Industrial Index was small consolation compared with the total loss of 56.45 points in the previous three days. The ST Index is currently
    216 words
  • Article
    Concrete proof?
    578 1  -  By AGNES WEE DESPITE government assurance that the Resources Development Corporation (RDC) will not go into direct competition with private ready-mixed concrete producers, the RDC has gone ahead to order five new batching plants. The RDC has placed orders (or the plants with local company Hup Heng Engineering
    578 words
  • Article
    Aerospace giant wants stronger foot-hold
    319 1  -  By SALMA KHALIK AEROSPATIALE, a French aerospace giant, is trying to gaip a stronger foot-hold in Singapore, with the blessing of the Singapore Government. The company is now negotiating for control of Samaero, its joint-venture with Samco (Singapore Aerospace Maintenance Company), a wholly owned government
    319 words
  • Article
    Income distribution
    500 1  -  By RICHARD SEAH SELF-EMPLOYED Singaporeans earn significantly higher incomes than employees. Tbe difference in the earnings of men and women is also large, especially among the self-em-ployed, and among administrators and managers. This was revealed in the latest 1900 Census of Population Report poblished by the Department of
    500 words
  • BRIEFLY...
    • Article
      Fleeting visit
      52 1 THAILAND'S Prime Minister, General Prem Tinsulanonda, accompanied by Foreign Minister Siddhi Savetsila, paid a fleeting visit to Singapore yesterday. They arrived yesterday afternoon and left the same night. General Prem had talks and a working dinner with Prime Minister Lee Kuan Yew while Mr Savetsila met Foreign Minister
      52 words
    • Article
      Lock icon Defence request
      86 1 UPI TOKYO, Thurs. The Defence Agency came up with a budgetary request for next year which emphasises the strengthening of Japan's anti-submarine and air defence capabilities. Agency officials said the request calls for an outlay of 2,580 billion yen (about US$ll2 billion) for the fiscal year, starting on
      UPI  -  86 words
    • Article
      Lock icon Tin reserves
      58 1 UPI JAKARTA, Thurs. Tin producing countries may buy American stockpiles if the United States releases its large tin reserves onto the market. Mines and Energy Minister Subroto said Indonesia and other tin producing countries are anxious to sign tin agreements but there have been repeated delays in reaching
      UPI  -  58 words
    • Article
      Lock icon Nato backing
      64 1 UPI GENEVA, Thurs. The United States had the backing of its North Atlantic Treaty Organisation (Nato) allies in rejecting Soviet demands for a ban on neutron weapons. US disarmament negotiator Charles Flowerree said Moscow wanted the 40-nation Geneva disarmament conference, which concluded its 1981 session this week, to
      UPI  -  64 words
    • Article
      Lock icon Feasibility study
      45 1 UPI BEIRUT, Thurs. Libyan experts are preparing a feasibility study on the effects of cutting oil shipments to the United States. The study is also taking into consideration what a Libyan oil embargo on the US would do to Libya's own economy. UPI
      UPI  -  45 words
    • Article
      Lock icon Consortium offer
      86 1 Reuter LONDON, Thurs. British aircraftengine manufacturer Rolls Royce said it has been approached by Pratt and Whitney of the US to join the Anglo-Japanese consortium which is developing an engine for a new 150-passenger aircraft planned for the mid-*****. But the state-owned British company said the approach is
      Reuter  -  86 words
    • Article
      Lock icon Foreign investments
      75 1 Reuter MANILA, Thurs. Total foreign equity investments in the Philippines approved by the central bank reached US$l.7 billion as of last June 30. About 52 per cent of the investments went to manufacturing, 16 per cent to banks and other financial institutions, and 15 per cent to mining.
      Reuter  -  75 words
  • Article
    NPB faces serious shortage of staff
    288 1 THE NaUsaal Prsdactlvlty Bsard (NPB) ptaas to laertMt Its staff strcagth nbstaattaUy tver the ant few BMBtfcS. The Beard, which carrcatly emptoys 108 pcaple, latoads to enlarge its peal el prsfesslsasls la erder to cape with Its expaadlag activities aad respeaslMHtles. Besides prevldlag eaasaltaaey
    288 words
  • Article
    Policies on insurance restrictive says report
    398 1  -  By ALVIN TAY THE United States Trade Representative Office has charged that American insurance companies and banks are restrained from selling their services in Singapore. In a report, the office said applications to art up insurance companies here face indefinite delay. The Singapore Insurance
    398 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      231 1 iTiKiFTillL'lK'l'i'l'i'V '.iiuW: T L' MZMDB THE Sime Darby group turned in a pre-tax profit of M 5245.5 million for year ended June 30,1981, down 7 per cent Page 14 PROMET Berhad has formed a new company, Promet Energy, with a paid-up capital of US$5 million Page 14 A GROUP of
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    • Advertisement
      Page 1 Advertisements Column 2
      49 1 TRETORN SUPREME i+l-l -t—i H-l- J k (TTRfTORN YrgNQmw A*M t t Your best partner in tennis High quality racket for aggressive piay Reinforced inside and outside with French Ash and vulcanised fibre Sole Agent lDvo*tonk The Sports People Tel *****4. *****4 Available at leading spoi 22 jpartmental stores
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      Page 1 Advertisements Column 3
      156 1 _Times Bookshops! Leader ~.jage I [[.$**!&(%"!/+(/\-_%-\_'!;&[<-* HERMES SWISS PRECISION A. You get more value from the New Hermes 808 than any other ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter, you know you're in the hands of a very special
      156 words
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      203 2 Never has the statement "time is money" been more relevant than in the volatile world When you want to buy or sell US dollars, Yen or DM fast, you need a bank that will instantly track down the best price. Not just in Tokyo, Hong Kong or Singapore. But in
      203 words
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  • TRADE AND INDUSTRY
    • Article
      Atlas Copco expands
      252 3 A MAJOR Swedish industrial group, Atlas Copco, plans to develop its Singapore subsidiary into an important regional "resource centre". Mr Bengt Erik Ovlinger, Atlas Copco's new managing director in Singapore, said the company will substantially expand its stock of industrial equipment and parts here. It will also
      252 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      179 3 THE Association of International Bond Dealers has appointed Mr William K K Weag as its representative for the Far East. Mr Wong succeeds Mr Peter W Lathy of Credit Suisse First Boston (Asia) who left Singapore in April 1981. The deputy representative is Mr JMepfc Yi of
      179 words
    • Article
      Trappings of wealth versus food for the soul
      310 3 THE future will see a greater need to maintain the balance between materialism and the moral and spiritual requirements of our youth. Dr Tay Eng Soon, Minister of State for Education, made this point at the National Youth Service Awards presentation ceremony
      310 words
    • Article
      US may adopt local model
      172 3 THE United States is showing interest in the Singapore government's efforts to retrain workers and to raise valueadded in production. Mr Sam Gibbons, chairman of the US House of Representatives sub-committee on trade said: "The programmes used in Singapore and Japan may be models which
      172 words
    • Article
      Furniture men happy
      481 3  -  By RICHARD SEAH A GROUP of local furniture makers secured more than US$2 million worth of sales when they exhibited their products in the United States last month. Contracts worth another US$2O million are believed to be under negotiations. The team, comprising 21 representatives from 18 companies,
      481 words
    • Article
      Sumitomo mindful of Rollei's experience
      444 5  -  By SHANTI SEN SUMITOMO Heavy Industries (S), a wholly-owned subsidiary of the Sumitomo group in Japan, will be careful not to follow in Rollei's footsteps when it establishes its manufacturing plant here. Instead, said Mr Yukihito Takahashi, its managing director, the plant will be set
      444 words
    • Article
      ChemAsia
      76 5 MORE than 300 companies from about 16 countries will be exhibiting their process engineering technologies, tools and equipment at ChemAsia 81, to be held at the World Trade Centre from Oct 21 to 24. Leading participants in the chemical industry include Pepperl and Fuchs, Mercator, -Fluorocarbon, SLA Computer Services,
      76 words
    • Article
      Travelling patterns
      412 5 MORE than half of Singapore's working population travel in public buses. The motor car, the next most important mode of transport, is used by only 14 per cent of the working population. This is the finding of a survey conducted during the 1980 Census of Population. The survey,
      412 words
    • Article, Illustration
      TRADE TALK
      291 5 WEST German manufacturer Steinbock has introduced a narrow-aisle high-mast lift truck equipped with an autopilot induction guidance system and a fully automatic electronic height selection device. The lift truck is a highrack stacker for palletised cargo with a lifting capacity of up to 1,500 kg. Its swingpush forks,
      291 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      140 3 "Naterribly sorry youte not wetome* It's far too popular already. I don't know what a man has to do these days to hang on to a pub he can call his own. There's always someone with a loose tongue who'll spread the word about the superb food and wine and
      140 words
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      Page 3 Advertisements Column 2
      29 3 I<?/ mu/t d? a f/ie/Paris s ■fife V 11 fo V, •ft S W' ir- i ft p- -V World-w idc.lite-loiui L'li.irantL L K r~ Vii f AH rv\
      29 words
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  • RAW MATERIALS
    • Article
      Lock icon KL to ratify Sixth ITA next week
      463 4 Reuter MALAYSIA will ratify the Sixth International Tin Agreement (ITA) on Sep 4. Malaysia's Primary Industries Minister, Paul Leong, will sign the agreement in New York during a mission to the US. The mission is partly aimed at urging other major participants in
      Reuter  -  463 words
    • Article
      WHEAT
      200 4 WHEAT futures in Chicago on Wednesday closed near the highs of a four to five US-cent range, up 2% to five cents per bushel. A firm cash market and rumors of pending USSR business to be announced later this week kept wheat firm from the opening, traders said. Late
      200 words
    • Article
      Straits Tin
      92 4 THE STRAITS tin price in Penang yesterday rose five cents to M 535.15 a kilo, advancing within the ITA ceiling range of $32.74 to $35.47, dealers said. The rise was mainly aided by only small offerings taking place, due to miners withholding supply in anticipation of a higher
      92 words
    • Article
      CLOSING PRICES
      34 4 Rubber: Aug 27 Singapore: Sept: 220.00 cents (down 3.50 cents) Malaysia: Sept: 254.00 cents (down 1.00 cent) Tin: M 535.15 per kilo (up 5 cents) Official offering: 156 tonnes (down 21 tonnes)
      34 words
    • Article
      SOYBEAN
      135 4 SOYBEAN futures in Chicago on Wednesday trimmed early gains to close up 3Vi to UScents per bushel on a four to five cent range. Soybeans opened higher in sympathy with interest rate futures and on slow country movement, holding gains all day on steady professional buying, traders said. Although
      135 words
    • Article
      RUBBER
      279 4 RUBBER prices in Singapore yesterday closed slightly lower with September One RSS buyers quoted at 220.00 cents per kilo, down 3.50 cents from Wednesday's close, deal?rs said. Morning prices were marked down slightly on easier London advices and after close levels bere on Wednesday coupled with freer offerings and
      279 words
    • Article
      RAS PRICES
      324 4 RAS prices In cents per kilo yesterday: Buyer* Int. 1 R.S.S. prompt f.o.b. 210.00 Int. 1 R.S.S. September 230.00 Int. 1 R.S.S. October ***** Int. 2 R.S.S. 1* 50 UK/Cont 196.50 Int 3 R.S.S. 189.50 UK/Cont ***** Int. 4 R.S.S. 184.50N UK/Cont. 183.50 Int S R.S.S. 178.50 UK/Cont
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    • Article
      SSR and SMR
      123 4 NOON 881 I and SMR price* ja tetarday RAX SSR20 SSR SO (1-ton pallet) (1-ton pallet) ■afttntar (Curreat Mtk) Bayer* Sella re 192-50 194 SON 190 00 192 00N (Pnrwnrt Mtk) Bayers Seller* 194.50 196-SON ***** 194.00N MR I LB SMRCV SMR L SMR 5 SMR GP
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    • Article
      Produce exchange
      175 4 CHINESE Predaee Exrkaage, Singapore, riming prlees per lttkg yesterday. CMMNt «11: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers. Cepra: Mixed (loose) $72.75 buyers. Pepper: Muntok white pepper fob Asta NLW $372.50 sellers, Sarawak white pepper faq fob
      175 words
    • Article
      TEXTILES
      138 4 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Ctttts yarn: China Blue PhOenix 20b 2,400 32s 2,830, 40b 2,996 (per bale of 400 lbs). Pakistan raw eettaa: LSS 5.98. 4F 5.93; 289F 6.00; NT roller ginned 5.95 (per lb). CLOTH in
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    • Article
      RICE
      323 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.38, 100 per cent second class 1.14, 100 per cent third class 1.10, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.15, Special
      323 words
    • Article
      LONDON MARKETS
      603 4 COFFEE: Robusta coffee futures yesterday rallied by end morning trading largely erasing early losses although most traders said the market Lacked explanation other than technical reaction to the recent steep fall. End morning prices were down £6.5 a tonne lower in Sep to £8 higher in March in
      603 words
    • Article
      Duty rates
      82 4 THE Malaysian Minister of Finance has fixed these rates for the period from Aug 27 until further notice: Eefcinr 251 Vt cents a kilo for RSS One; Cop»: MJ727.50 a tonne; Plla kenei: $965.75 a tonne; WMte pepper: $3,271.40 a tonne; ■tack pepper: $2,U6.00 a tonne; The rates
      82 words
    • Article
      PALM OIL
      144 4 THE Kuala Lumpur market yesterday ruled lower on light selling in fairly active trading, dealers said. In the August position central eased M 57.50 to $870 a tonne. In September, south dropped $5 to 865 and in October, south and central regions fell $5 wich to $855. The
      144 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      239 4 Le Corbusier from Cassina C N. For those whose taste goes beyond the ordinary. Le Corbusier the Master and His works A m ister architect town planner and ies^gne r extraordinaire Le Curb; 3 works stem from a deep rooted revolutionary nature instances of which can be seen m famous
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    • Advertisement
      Page 4 Advertisements Column 2
      319 4 PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 30th JUNE 1981 I The Directors of Tractors Malaysia Holdings Berhad will recommend to the Stockholders at the Annual General Meeting of the Company to be held in Petaling Jaya on 3rd November 1981 the payment of a final dividend of 27.5
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      110 5 A Special Gift for the newly-weds r WW Rcval Douitr ton 7? H W> hi 4 ■A m V m »-r I kl a 'V 1 *9 Vn Elegance, Refinement, Mastercraftsmanship These are names synonymous with Royal Doulton Rosenthal. At our new showrooms at the Singapore Shopping Centre you are
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    • Advertisement
      Page 5 Advertisements Column 2
      148 5 The Rifax Facsimile machines leave all conventional communication methods out in the cold. They transmit direct, unlike a telex. There's no retyping or translation necessary. Even graphs, layouts, pictures, blueprints, inventories can be 'Rifaxed' through pulses along telephone lines to anywhere in the world in seconds. Signature verification can thus
      148 words
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  • OVERSEAS
    • Article
      Lock icon Nigeria cuts oil price
      514 6 HARDEST HIT BY GLUT Reuter PRESSURE is mounting on Algeria and Libya to reduce their oil prices following Nigeria's announcement on Wednesday night of a US$4 cut in its oil price. The announcement said the Nigerian National Petroleum Corporation (NNPC) will, from now on, offer all
      Reuter  -  514 words
    • Article
      Mixed bag of fortunes for the Malaysian economy
      256 6 MALAYSIA'S economic prwprcte over the coming year will be brighter than those of mast developing actions bat the real growth rate In the economy will conttnae U drop. A report by Chemical Baak predicts continuing strong domestic demand and relatively moderate Inflation
      256 words
    • Article
      Lock icon Romulo confident Khmer Rouge will retain seat
      285 6 Reuter UPI PHILIPPINE Foreign Minister Carlos Romulo is confident the Khmer Rouge will retain the right to represent Kampuchea at the United Nations when the issue is raised at the forthcoming General Assembly session. Asean is girding itself for its third campaign in
      Reuter; UPI  -  285 words
    • Article
      Lock icon US asks Japan, EEC to attend trade talks
      167 6 Reuter THE UNITED States has asked Japan and the European Economic Community (EEC) to participate this autumn in trade talks designed to air potential conflicts. American trade representative William Brock last week sent letters to Japan's International Trade Minister Rokusuke Tanaka and
      Reuter  -  167 words
    • WORLD IN BRIEF
      • Article
        Lock icon PRICE OF SHARES UP
        397 6 Agencies SHARES in companies and banks due to be nationalised by France's new Socialistcommunist coalition government leapt ahead in value on the Paris stock exchange on Wednesday, following Tuesday's announcement that the government will pay a record interest rate of 16.75 per cent on its first
        Agencies  -  397 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      442 6 GERMAN 4s* LANGUAGI COURSES Cnrnlmant *010 01 ?O B1 /K nm J? Enrolment 31.8.81 3.9.81 (5 pm Bpm) (Beginners only on 31st) Fees $150 (1 term for 15 weeks/ 3 hours per week) $15 (membership fees) $25 (textbook) NEW J I We now also offer additional morning classes (10:30- 12:00)
      442 words
    • Advertisement
      Page 6 Advertisements Column 2
      82 6 TOMORROWS TECHNOLOGY IN TODAY'S VALVE IKE -J 1 DeZURIK KNIFE GATE »*2L A abacus Stock induces compter valves, actuators and spare parts. A Sinpn ABACUS CORPORATION PTE LTD. 10 Wan Shih Road. Juroog Industry Est. S pore 2262. Carte ABACUSTRAD Tbt RS ***** ABACUS Tel *****66 ABETRAO ENGINEERS SDN. BHD.
      82 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      849 7 Where do the great sea boats cone mm? I A «T k r> i Z' ■xa: kN II '/iH+'Z. Si i*ps MM 90 CowWi The largest Hatteras fishing machine CombirMl luxury with all-out fishing performance. Three stateroom*. thr*§ heeds, easy engine room access from cockpit. 64 Motor Yacht The embodiment
      849 words
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  • Article
    It's caution, not protectionism
    342 8 SINGAPORE is in the forefront of Third World countries battling the tide of protectionist sentiments rising in the developed countries. The Republic is seen as a champion of free trade with a well-publicised, open-door policy. It thus comes as a surprise that Singapore has been accused
    342 words
  • Article
    Investing money in productivity
    227 8 FROM A HUMBLE beginning in 1972 when the term "productivity" did not mean much to Singaporeans, the National Productivity Board has done well all these years to keep the idea of staff training and development alive. The NPB persevered despite the general lack of interest shown
    227 words
  • Article, Illustration
    Lock icon BARRELS OF SURPRISE
    1996 8  -  Opec's failure to reach consensus at Geneva meeting RICHARD JOHNS, summing up Opec's conference which ended in Geneva last week, examines the reasons leading to the group's failure to reach consensus on the reunification of oil prices. RICHARD JOHNS THE ORGANISATION of Petroleum Exporting Countries has "agreed
    Source: Petroleum Intelligence Weekly  -  1,996 words
  • Article
    Talking about management
    248 8 PROFESSOR Daryl Wyckeff, the James J Hill PrafeeMf at the Harvard University Gradiate Scheal sf Buiam Administrate**, abeald be nmm eaeagh to tue la to "Oplatoa: Maaagemeat Systems Are They TraasferaMe?" (eh S, 1M). Praf Wyckaff, earreatly stadylag Chlaeae aad Japaaeee maaagers, Is part sf the paael-
    248 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      194 8 NOW OPEN BRUNEI'S FIRST INTERNATIONAL HOTEL THE SHERATON UTAMA A new standard of excellence in Brunei. The Sheraton-Utama. in the heart of Bandar Sen Begawan. is truly one of a kind Surrounded by 1 3 acres of lush landscaped gardens, it offers 170 luxuriously appointed rooms and suites with views
      194 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      695 8 -11-ORE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Works compos**d by Scott out East! (6) 7 Many visitors to America have had to get over it (8) 8 So irascible as to cause outcry? (6) 10 Tough as an ok) seaman (5) 13 Playful hints? (4) 14 It's in the south-east, this
      695 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      561 8 NMRWDIPI SINGAPORE 5 3.00 PM Operant fofcwed by The Young and The Restless 3.25 Housewives' Matinee The Unfor- gettable Character (r) 4.55 Space 1999 Another Time, Another Place (r) 5.45 The World Sportsman 6.15 News (English) 6.25 The Littlest Hobo Manhunt (Part 2) 6.50 Giant Turtles Of Trengganu 7.00 Senandonf
      561 words
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  • Article, Illustration
    Lock icon Exchange losses hit Laker
    1718 9  -  Bv ALAN FRIEDMAN FT SITTING in his spartan office block, next to a hangar on the edge of Gatwick Airport's Perimeter Road, Sir Freddie Laker, the man who revolutionised the international air travel business, shrugged off suggestions that he was in serious financial trouble. He had
    FT  -  1,718 words
  • Article
    Lock icon Nervous new ally
    837 9  -  FORUM with FLORA LEWIS NYT IN SPITE OF the harrowing attempted putsch last Feb 23, King Juan Carlos of Spain remains the calm, direct, basically confident monarch he was before. If anything, he seems more determined than ever to keep his country on a democratic course and
    NYT  -  837 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      300 9 Why So Many Growth Drives are Still Just Starting Now Runt will Show whoro Major Bottoms H«v« Boon Forming Costs of developing o typewriter which works lake on electronic hand hove helped push NYSE-listed CENTRONICS down from $54 to $10, while its efforts to shift from lorge to smaller computer
      300 words
    • Advertisement
      Page 9 Advertisements Column 2
      558 9 NEW BUSINESS OPPORTUNITIES IN THE EIGHTIES ASEAN The Association of South East Asian Nations (ASEAN) has cdme a long way since its formation in 1967. Created to harness the vast potential of its five developing member nations, ASEAN is now transformed from a loose grouping of third world countries into
      558 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        263 10 AUG 36 Fr» CORBEILLE Alr-Uqulde B S N Oervals Danone C 8 T I Thomson Cat) Cle Franealae do Petrolet Compacnle Financier* Compa«nte Oenerale Credit Poocter Dc France Hachette (Llbralrte) Machines Bull Mlcheltn (B) PirlbH Pechlner Cl<lne Kuhlmann Ph;MpMM» Gem Beslt) Prtntempe 8 A Rhone-Poulence 8A *86 .10 low
        263 words
      • Article
        Frankfurt
        209 10 AUG 26 Dm Aet-Telefunken SI TOB Ak mo 21 SOB AUi Leben 1386 00 -IS All* Vm ***** ■2 BASF ***** -IS Bay H T Wbank 1TTJ0 -26 Bay Vbank an oo -1 Bayer 127.50 -IB BBC 270 00 -3 BMW 18a JOB ruMlla 271 00 -4 5 Chem
        209 words
      • Article
        Brussels
        90 10 AUO Fri FORWARD MARKET 270 .2 Arbcd 1144 2 Ajtur 375 -7 Brmac&n 1116 -42 Bnj-Lamb 1082 unch Canpac 17M -36 Cock 151 unch De Been wt -3 Ebet l» 10 Electro bel 2750 unch Gb-lnno-Bm 1915 5 OtfT 1410 unch Hobok 2360 •50 Peiro 4194 30 Ryl Dutch
        90 words
      • Article
        Zurich
        179 10 AUG X Franct Actions 9uuan ID -H Alutultae Br. 966 unch Alutulate Roc Brown Bo»ert Br 3TJ0 1«0 unch unch Ota OelfJ Br 1250 •u cita octet PC MO -J 1 -10 Ota Oel(7 Ret Credit Suite* Br 304 2156 Credit Sultar Ret SB 1 Elektrowatt Br. 2M0 -30
        179 words
      • Article
        Amsterdam
        170 10 AUG as ru ABN moo 3-5 Ahold 10JO -0-2 Akio 2430 Oil AMEV KLM) 3 Am fas 96 00 -0.5 Amrobnk 52.90 03 Berfoet Berk 23.00 42.30 -03 Rnl* 62.50 -03 BorsuxnU tsnoo 0.5 Burhmann SIM 0.4 Caland saw uncb Calve Delft 308 00 unch Deli lilj 1U0 unch
        170 words
      • Article
        Milan
        78 10 nuu Kmmoc 0«n un zzWi -1000 Bultfl Central* n*t 410 9190 1000 190 rtnatdw 40 unch Ocn Immob in Pn 1000 4300 -15 is Italccmenti I l&ifU Ilaisldcr ar rm 229 -10 unch 754 -12 ttup Madtob Ulraluia i Mondadorl soao -440 Monltdln IB I Motta Bto Ollrt Ord
        78 words
      • Article
        TORONTO
        201 10 AUO 26 Cf Abttibt 23* -lb A lean 31 unch Algoma Bank Mont 20-% Bank Nov* ScoUa 28 unch Bell T«1 IV* Beth Corp BP Can Ltd „Z_. 51 vi -1 31 v% Camp R«0 Lake 2D* Can Imp Bk 2§v% Canpac 48H Canpac In* Pf unch Car lint
        201 words
      • Article
        JOHANNESBURG
        290 10 auo as Rand INDUSTRIALS A Alpha 445 unch Abercom AC And CI 945 1 AM1C 8800 -25 Btrlovi 986 unch Cm Suor ***** CNA Sfl&B Cum* Finance HO unch De Beers Ind Ed con 8006 Edgars 7300B unch Eve ready Fed Volk unch Fudt 880 -5 Otrdlu\ Oienanl Ormlemn
        290 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      266 10 "The American Express Card serves you well, wherever good food is served". with fam m72m 14 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 holidays and holiday eves) 50% DISCOUNT
      266 words
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      Page 10 Advertisements Column 2
      158 10 f*UUm JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. lj>l'M (hlll'l 12M< "1 ■/> "I (> > tn It) ■>!)[> tit for reservations call *****77 ilk® 4*11(111*\ I*i I l'k >11 *si 1 l| M II*« Ndssun H ii. S 'iqaDu't' 1025. T»* *****7, Operated by ANA
      158 words
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      Page 10 Advertisements Column 3
      156 10 <$*>!^+={-%,%,:((?/\~{=)<|-&'{/ The Great Family Do-It-\bursetf Barbecue Ll m V > 1 i\v; wu weapons. vmy Friday and Saturday nto*. Pooteide at the Oberoi lust chocse what you want and bartwc ue it Meat, seafood, salads saucn Chef» hat and apron available »22 for adults $15+ for each chrfd under 12
      156 words
    • Advertisement
      Page 10 Advertisements Column 4
      186 10 OGQOO TTL\ i i Vi i Cantonese style. Szecnuan 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, |A| please call 737-2233. |§3 HROON INTERNATIONAL SINGAPORE VMier* The World
      186 words
    • Advertisement
      Page 10 Advertisements Column 5
      84 10 The rumour is true. For The Gtation is a very private and exclusive dub for business executives. Secluded beneath the Cockpit Hotel, its ace the very finest; the atmosphere appropriate for business entertainment. Come and experience a businessmen s haven Tcfc *****11 (SOGon) '<^=L restaurant Try our sumptuous delicacies from
      84 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Re-discount window
      180 11 AFP THE BANK of Thailand has opened a rediscount window on loaas for agricultural purposes, In bid to help the crucial sector through the present "tight money" situation. The Central Bank injected funds totalling 5,Mt million baht in the move which went into effect on Wednesday and will
      AFP  -  180 words
    • Article
      Lock icon CREDIT FOR PERTAMINA
      78 11 Reuter INDONESIA'S state oil company, Pertamina, has signed a more than $800 million loan agreement with a Japanese joint venture, Indonesian LNG Co, for the construction of two liquefied natural gas trains at Aran. Pertamina will repay the loan with LNG from the Aran plant in Sumatra.
      Reuter  -  78 words
    • Article
      Lock icon Restructuring
      144 11 Reuter VENEZUELA'S domestic monetary system has been restructured, with the elimination of fixed interest rates and the adoption of the Central Bank rediscount rate as a regulatory instrument, the Central Bank President Leopoldo Diaz Bruzual said. This rate, at which commercial banks are able to rediscount government bonds and
      Reuter  -  144 words
    • MONEY AND EXCHANGES
      • Article
        PLR
        22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best Customers is 14.02 per cent.
        22 words
      • Article
        ASIAN $
        175 11 ASIAN >SIAN currency deposit 4nterbank*rates as at £lose on Aug 27. US DoUara(Spot) Offer Bid •-7 days 18 5/16 183/16 ;i month 18* 18W 2 months I8 7 n 18* 3 months 191/16 1815/16 6 months 19* 19 *9 months 18 w 18 J2 months 18* 18 8w.Fr*. Dm. (MiMk
        175 words
      • Article
        Discount
        39 11 RANGE of prices attend by discount house* on Aug 27: Overnight: TO Call deposits: to TO Closing Baying Selliag 3-month Treasury bills 6H 6H 3-month Bank bills 14«« 14* 2 months CD 1211/*****/18 6 months CD 12* 12H
        39 words
      • Article
        HONGKONG
        191 11 THE US dollar in Hongkong yesterday was firm against most leading currencies in quiet late trading although liquidation pared some of an early gain, dealers said. The dollar reached a day's high in mid-morning trading following news that a missile, probably launched from North Korea, exploded harmlessly near a
        191 words
      • Article
        London
        87 11 THE dollar yesterday opened easier in London against most currencies in the wake of Wednesday's volatile movement in the US Fed funds rate. Opening quotes yesterday: US 1 MBO 10 Can 2 2325 62 Crow 1.2124/27 D Mk 4.5450/500 D F1 5.0600 50 S FT 3.9450 500 B FY
        87 words
      • Article
        Singapore market
        471 11 THE US dollar yesterday eased against most major currencies in late thin and nervous trading following its weakness at the London Exchanges opening, but closed narrowly mixed compared with overnight New York levels. The US dollar opened at 2.1560 against the Singapore dollar, before rising to 2.1580 but
        471 words
      • Article
        GOLD
        205 11 SINGAPORE gold futures yesterday closed generally higher compared with overnight levels in light trading. Total sales for the day was recorded at 38 lots while kerb volume was at nine lots. Prompt closed firmed at U*****.50/417.30 an ounce against 414.50/416.00 on Wednesday, October at 423.00/20 against 422.10/ 423.10 and
        205 words
      • Article
        Silver quotes
        36 11 New York 8.82B 8.72B 9 02S 8.92S Zurich 8MB 8.90B 9 MS 9.10S Tksrs Wed Singapore 8.SOB 8.70B 9 OOS 8 90S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
        36 words
      • Article
        TOKYO
        161 11 THE US dollar for overnight delivery closed firmer yesterday in Tokyo at 231.40 yen compared with a 229.90 opening here, a 229.90/230.10 close in New York and 230.05/30 on the West Coast on Wednesday. This was also firmer than the 230.65 finish in Tokyo on Wednesday. Trading was active
        161 words
    • Article
      SLOWDOWN IN AUSSIE MONEY SUPPLY GROWTH
      250 11 AUSTRALIA'S broad-based M 3 money supply rose 11.9 per cent in the year to endJuly, down from 12.7 per cent in the year to endJune. The Reserve Bank of Australia said that this compares with a 13 per cent rise to end-July 1960 and
      250 words
    • Article
      Increased deposits in July
      130 11 AUSTRALIAN trading bank deposits rose AMI million to 125.98 billion in July. It rose $129 million to a downward revised $0025.94 billion in June and increased $330.3 million to $23.01 billion a year ago. The statistics bureau said advances outstanding rose $474.6 million to $20.19 billion
      130 words
    • Article
      RATES
      31 11 OCBC has revised its deposit rates. From today savings rates are at 10.75 per cent, fixed deposits at 11.50 per cent. Its prime lending rate remains at 13.25 per cent.
      31 words
    • Article
      BOND MARKET HITS RECORD
      421 11  -  By ALVIN TAY THE TOTAL amount raised in the Singapore-baaed Asian dollar bond market has passed the all-time high of US$659 million, and is now edging towards the US$l billion mark. The latest to tap the market is Japan-based Minolta Camera which is making its third
      421 words
    • Article
      NEW YORK STOCKS
      808 11 AUO B UM ♦A ACP MMki «1« H <i1lll«WU|ll|lll 11H H Aim inc Alcan Alemln BH unci» AUafbsay Lad 41« 4« Allied CtMm Cp MH -H Allied Stores r* H Aills-Chalman WH -H Alumhoo Amer B H An Alnlnee 14H -H Am Brand* Inc BH -H Am
      808 words
    • Article
      Suit against ANZ
      189 11 AN ILLINOIS state bask commissioner has sued Australia and New Zealand Bank (ANZ) and the US Comptroller of the Currency to prevent the bank train doing business in Chicago. The comrateiooer ays Illinois state law forbids a foreign bank from doing business there if Illinois banks do
      189 words
    • Article
      Lock icon POLAND GETS LLOYDS AID
      103 11 Reuter LLOYDS Bank is providing three new lines of credit to Poland, totalling £19.1 million, backed by the UK Export Credits Guarantee Department. The credits are part of UK financial asatstance announced in July. The loans include an eight-year credit for 10.5 million sterling for grain
      Reuter  -  103 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      468 11 U5520,000,000 I KDRER EXCHRNGE BRNK SINGAPORE BRANCH U.S. Dollar Floating Rate Negotiable Certificates of Deposit due August 31,1984 MANAGER Morgan Guaranty Pacific Limited CO-MANAGERS Banque Nationale de Paris LTCB Asia Limited (South East Asia) Limited The Bank of Kuwait and The Middle East KSC Korea Associated Finance Limited AGENT Morgan
      468 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1464 12 BID and offer price» 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 ONI INDUSTRIAL A COMMERCIAL A«mm (E7BB)
    1,464 words
  • Article
    Unit trusts
    67 12 TV Owner CptMlKtal ct 1* la Tim Stvtafi M 1.71 LM S port Prof tad LM 1.41 Sport 8k. 1 M LSI LOtod S port IivH i Pad IN 1.05 S-port Equlr 1 Puad 1-TT Lm MU HidbnSuf onrnnr CfrtMlvtef ted tn T. ktol Pray Pa ad L«
    67 words
  • Article
    SHARE INFORMATION SERVICE
    2730 12 1M1 Ii«il Low < "—pa ay Last Sale Or*e DW ♦or- DW CVr Qr*s Net TM P/E Vol (-000) 1 Day llgfc Low SECTION ONE INDUSTRIAL ft COMMERCIAL m 300 3U m *n too* n 430 370 130 101 330 m 300 800 322 304 Aetna Alcoa
    2,730 words
  • Article
    In Kuala Lumpur
    1659 12 BID and offer price* 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. DKDUBRIALB Aim (LOB 1.996) (7) LB iri 4 Om (MS) AMD (IMS)
    1,659 words
  • Article
    South Johore Amalgamated Holdings
    187 12 A REDUCTION in the breakdown rate of buses and fare increases during the year helped to raise the earnings of South Johore Amalgamated Holdings Bhd for the year ended March 31. Group operating profits rose by 63.3 per cent to M 51.114 million while profit after
    187 words
  • Article
    Speculatives feature in morning rally
    746 12 SHAKES finned ap slightly »1 the Stock Kxcbaage sf Singapore yesterday with few speculative eeaaters leadtag the way. These eeaaters, sach aa Malayaa Lai ted ladastrles, Ceatral Sagars aad Paa Malayda Cemeat, were the maat badly hit daring the laat few days. Tradlag apeaed qaletiy
    746 words
  • Article
    Counters in KL slightly higher
    583 12 SHARE prices were marginally higher at the Kuala Lumpur stock market yesterday. Turnover was slightly higher. There was little Interest noticeable and price movements were slow in the morning sosion as market operators preferred to bide their time. Market heavyweight Sime Darby's scrip issue of
    583 words
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  • COMPANY NEWS
    • Article
      No rosy picture at Selangor Dredging
      739 13 SELANGOR Dredging believes that it will be "overly optimistic" to predict any substantial recovery in earnings this year. Chairman Dato Chan Keong Hon says in his latest statement to shareholders that the depressed economies of the major industrialised countries and the continuing sales by
      739 words
    • Article
      COMPANY BRIEFS
      517 13 UNITED Malacca Rubber Estates Bbd has passed a resolution to increase the company's capital from $25 million to $50 million by the creation of 25 million shares of $1 each. The resolution was approved by shareholders at a general meeting on Aug 12. PALMCO Holdings Bbd has been
      517 words
    • In Hongkong...
      • Article
        YANGTZEKIANG Garment Manufacturing Company
        50 13 reported a net profit of HK556.21 million for the financial year ended March 31 ($43.88 million) on a turnover of $425.03 million ($371.21 million). The company is recommending a final dividend of 95 cents (90 cents unadjusted), making a total distribution of $1 38 ($1.16 adjusted).
        50 words
    • Article
      Steamers expected to rake in $30 million
      810 13  -  FORECAST BY ONG COMPANY By HSUNG BEE HWA STRAITS Steamship can be expected to rake in pretax profits of about $30 million this year and if it maintains the strength of its financial resources, earnings in five years' time may bf near the
      810 words
  • ASIAN STOCKS
    • Article
      Share prices ease
      315 13 HONGKONG THE Hongkong stock market yesterday eased after opening higher in line with London's close in fairly active trade to finish with the Hang Seng down 15.31 points at 1,674.47, dealers said. Underlying interest rate fears continued to affect sentiment as did news of falling land prices,
      315 words
    • Article
      Bangkok
      55 13 STOCK prices in Bangkok yesterday closed mixed in quiet trading which centred mosly on finance shares, dealers said. Ay ud hay a Investment fell one baht to 80 and Industrial Finance Corp dropped 1.50 baht to 85.50 while Siam Credit rose 0.50 to 52 and Bangkok Bank closed unchanged
      55 words
    • Article
      Sydney market steadier
      219 13 THE Sydney stock market was steadier yesterday in what brokers described as a mild technical reaction to heavy selling earlier in the week. The All-Ordinaries index finished two points higher at 626.1. AUO XI CUM INDUSTRIALS BoufalnTllle fiTi Con Ooidrieldj Con. RuUle III. J Pmlfan A. CI
      219 words
    • Article
      Tokyo shares fall sharply
      353 13 SHARE prices in Tokyo yesterday fell sharply although managing to close above extreme lows. The market average fell 55.90 points to close at 7,796.39 after being down 91.45 in the afternoon, with volume 320 million shares. The Tokyo Stock Exchange index closed at 589.66, down 3.41.
      353 words
    • Article
      Manila
      88 13 auo n Peaoa Acoje limine KM 0-0004 AUai Con A AUu Con B. U -1 Ba«uto Oold 4097 -***** Benfwl Con. B BP* Lnxjdrlch SI 11 V| CDCP 4J0 0-2 Landoll Leptnto B. ni law -***** Martnduque B -0J Oriental A Oriental B 086 0 003 Phil Orerwaa 082
      88 words
    • Article
      Selected indices
      55 13 FINANCIAL TIMES INDUSTRIALS Wednesday »8.5 Tuesday 54®. 1 Week Ago 563.3 DOW JONES AVERAGE INDUSTRIALS Wednesday 899.26 Tuesday 901.83 Week Ago 926 46 H.K.HANG SENG Thursday 1674.47 Wednesday 1689.78 Week Ago 1705.73 AUSTRALIAN INDUSTRIALS Thursday 702.1 Wednesday 701.1 Week Ago 714 4 ALL ORDINARIES Thursday 626 1 Wednesday
      55 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      431 13 NOTICES CORRECTION Re: PAN MALAYSIA CEMENT WORKS BERHAD's Notice Of Extraordinary General Meeting advertised on 26th August 1961, item (b) should read as: "That contingent upon passing the abovementioned resolution, a sum of $43,850,000 being as to $41,159,030 standing to the credit of Capital Reserve Account and as to $2,690,970
      431 words
    • Advertisement
      Page 13 Advertisements Column 2
      150 13 1 »—U > Vw i <•' *Lt 4 w.-t f-"t iHIGHLIGHTS OF PRELIMINARY ANNOUNCEMENT OF THE RESULTS FOR THE YEAR ENDED 30TH JUNE; 1981 Earnings increased over 1980 Proposed 1 for 4 bonus issue Higher prof its from non-plantation businesses Plantations profit before tax down $35 million SUMMARY OF CONSOLIDATED
      150 words
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  • Article
    Century Gardens to take over Johore company
    194 14 CENTURY Gardens Bhd, the wholly-owned Malaysian subsidiary of Malayan Credit Ltd, has entered into an agreement to purchase the entire paid-up capital of Tai Huat Enterprises for M 5622,079 in cash. Tai Huat'a only asset is a 1.5-hectare plot of land in Plentong,
    194 words
  • Chief Price Changes
    • Article
      SINGAPORE
      147 14 Rites PMC 1120 -(-130 C Sugars 930 +70 M U I 920 30 I C B 000 25 0 U E luo 770 20 520 20 Spore Land 986 15 A P I 326 12 DBS 780 10 S«1 Properties «s 10 H Leong Fin 655 10 FAN 536
      147 words
    • Article, Illustration
      KUALA LUMPUR
      146 14 Rises C Sugars 1100 +115 PMC 1160 +80 Renong 1480 +80 U AC 570 +72 Rothmans 845 +45 Tronoh 1240 +40 M Mosaics 650 +30 G Ceramics 496 +24 Falls PMRI 700 —TO HLInd 1100 -60 HL Credit 960 -40 M A A 370 -30 Gadek 270 -20
      146 words
  • Article
    Promet forms subsidiary to explore oil and gas
    272 14 HAVING established Itself In the oil-rig building indsstry, Promet Bhd Is ■sw vesturing tats the very heart of the eaergy Held exploration. Ia an announcement to the Stock Exchange of Singapore yesterday, Promet said It has agreed to form a aew company,
    272 words
  • Article
    Slight decrease in Sime's earnings
    629 14 ■ill Companies Editor: Mano Sabnani THE SIME Darby group has, as generally expected, succumbed to the earnings down-draft which has been sweeping the general plantations sector as a result of lower commodity prices and higher production costs. However, thanks to the moderating influence of encouraging
    629 words
  • Article
    NISM's profits down 45pc
    344 14 PROSPECTS for National Iron and Steel Mills (NISM) seem gloomy and its yearend profit figures are likely to be sharply lower than those of last year. The iron and steel group yesterday reported a 44.9 per cent drop in pre-tax earnings to $16.45 million for the
    344 words
  • Article
    LONDON STOCKS
    897 14 LONDON, Thurs. Equities closed slightly firmer after drifting back from higher openings in quiet trading today, while government bonds were easier, dealers said. At 3pm, the Financial Times index was up 2.1 points at 560.6. Industrial leaders closed with gains of between a penny and 6p as in
    897 words
  • Article
    Lock icon DOW JONES LOWER
    100 14 AP NEW YORK, Thurs. The stock market gave ground again this morning, still beset by interest-rate and recession worries The Dow Jones average fell 7.M points to 892.22 in the first half hour and losers outnumbered gainers by 5 to 3. After tumbling to its lowest level
    AP  -  100 words
  • Article
    Record results for Tractors Malaysia
    389 14 TRACTORS Malaysia Holdings Bhd has pushed its way to another year of record results with a 12 per cent increase in group pretax profit to MJ89.7 million for the year ended June 30, 1961. At this level, earnings are markedly better than its earlier forecast
    389 words
  • Article
    Consplant hit by lower prices
    410 14 CONSOLIDATED Plantations (Consplant), the largest estate subsidiary within the Sime Darby stable, has been hard hit by sharply lower palm oil and cocoa prices. Consplant's preliminary results (or the year ended June 1961 show a pre-tax profit of M 574.7 million, down 24.5 per cent
    410 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      301 14 AIRLINES COLLISIONmT^ or CLIMBING? From lofty levels above $35, PAN AMERICAN WORLD AIRLINES has nose-dived below $4, a near all time low. Will "PN" plummet even further, or Is the time approaching when "PN", contrary to general opinion, will soar? Tangentlally, our researchers ask If dramatic gains can be amassed
      301 words
    • Advertisement
      Page 14 Advertisements Column 2
      154 14 B RoWems with your Boilers, Burners Automatic Control Systems? Leave them to the specialist. Aalborg Boilers, with more than 50 years in the business, has the technical know- how and experienced personnel to help Our service personnel on call day and night are fully equipped to handle botn land and
      154 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      63 14 WEATHER;: Outlook for Singapore from 6am to lpm today: Thundery showers in several areas after midday. Report for 24 hoars prior to 7Jt pm on Aag 27 at the airport: Maximum temperature 32.1 Associated humidity 62 Minimum temperature 21.9 Associated humidity 100 Hours of sunshine 7.10 Rainfall in millimetres 23.7
      63 words
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  • SHIPPING TIMES
    • Article
      Intertanko urges stepping up safety standards
      392 15 GOVERNMENTS which are quick to criticise sub-stand-ard tankers but which are slow to implement international standards for safety have come under fire from independent tanker owners. The International Association of Independent Tanker Owners (Intertanko) wants governments to speed up the implementation of International Maritime
      392 words
    • Article
      Barber Wilhelmsen new agents for Tranzpacific
      481 15  -  containerXXscrvices By JAN LEE BARBER Wilhelmsen Agencies Pte Ltd has taken over the agency of Tranzpacific Container Services, an Auckland-based shipping company with a full container service between Japan and New Zealand. Tranzpacific was formerly represented by Underprise Pte Ltd and offers a transhipment
      481 words
    • PORTSIDES
      • Article
        Lock icon Repair facilities
        96 15 AFP THE INDIAN government proposes to launch a 15-year perspective plan for ship repair facilities in the country. The state-run Engineers India Limited has been appointed to prepare the plan in collaboration with a West German firm. Calcutta reports said a three-member team from the German consultant firm
        AFP  -  96 words
      • Article
        Lock icon Intertanko denial
        98 15 Reuter THE INTERNATIONAL Association of Independent Oil Tanker Owners (Intertanko) has no definite plans for the next two to three years to widen its membership to include all energy carriers, its general manager Tormod Rafgaard said. Lloyd's List had said proposals that Intertanko should represent all energy carriers
        Reuter  -  98 words
      • Article
        Lock icon Sail-assisted cargo ship
        134 15 Reuter AN EXPERIMENTAL sail-assisted cargo ship has undergone sea trials near New Bedford, Massachusetts, and a spokesman for the firm which designed the sail said the trials were successful. f The 200-foot, Greek-owned cargo ship Mini-lace used a single-masted, triangular dacron sail to augment its engine power
        Reuter  -  134 words
    • Article
      INDEX TO ADVERTISERS
      703 15 Shipping Um P*«e CM SUpptag Uae (M Adriatic Coat AIM Afro-Eurasia Alfred CT All tram A) par Angkutan Angonavr ANL Antoll APL AnrrnUnr ASCI. Asia Merchant Alias Austasia Liar Australian Cool Balt-Onmt Baltic Bangkok Coot Bangladesh Bank Liar BBS Bn Line Bra Ocean Bra Ana Bra bulk
      703 words
    • Article
      SHIPS IN PORT
      355 16 ARRIVALS KEPPEL WHARVES Ashley Lykes 35 36 Atrevida 6/7 Bunga Sepang (0530) 15/16 Bunga Mas (1500) 20 Cherry Crystal (I) (0700) 33 34 Djatiwangi (0900) 31 32 Kota Pelangi (0700) 10/11 Lampung 13 14 May Prince (0530) 25 26 Niaga XXI (after Seiamat Datang) 28 Nedlloyd Streefkerk
      355 words
    • Article
      Container Schedules
      936 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 Takarl II 244SB 28.8.81 0700 Eastern TA 4 vc Moselsteln L9W 28.8.81 0100 J Manners TA 4 vc Oriental Chief 26W
      936 words
    • Article
      LONDON FREIGHTS
      1473 16 BROKERS reported generally dull trading on Wednesday although several interesting fixtures surfaced in the North American grain sector, including 33,000 long tons out of the US Northern Range to Constanza early Sep loading at US$l7. Similar business was reported two weeks ago when a rate of $18.25 was
      1,473 words
    • Article
      ORIENT EXCHANGE
      874 17 Vmml tpei (VH-5519) SI 81 6250 tdw 290/270 4/15 vessel open: prompt. (VH-5520) SI 81 6250 tdw 290/270 4/15 vessel open Salalah beginning September. (VH-5521) SI 81 6250 tdw 290/270 4/15 vessel open: Japan 20/30 September. (VH-5522) SI 79 6250 tdw 290/270 4/15 vessel open: Ireland end September.
      874 words
    • Article
      Nedlloyd plans to order four new container vessels
      226 17 NEDLLOYD is pressing •bead with plans to place orders tor ap to fear lew container vessels worth a total of UBslsf million hefore the eod of the year despite increased competition. The Dateh company, which Is oae of Earope's most eoadstoat aewbalidIng
      226 words
    • Article, Illustration
      Lock icon Hamburg's port plans come under attack
      547 17 Lloyd's List IN WEST Germany, environmentalists have become a powerful force standing in the way of port, airport and energy plans and projects. It is no longer possible for city, state or federal authorities to carry out plans and projects deemed necessary without having
      Lloyd's List  -  547 words
    • Article
      ADB grant for Lautoka port
      221 17 A TECHNICAL assistance grant for planning the improvement and expansion of Fiji's second largest port has been approved by the Asian Development Bank. Shipping traffic has increased steadily in recent years at Lautoka, a port on the west coast of Viti Levu, the most populous
      221 words
    • Article
      SHIPPING LIST
      458 22 GALVESTON Ercole Lauro/Weser Express. Hapag-Lloyd, Aug 30. Anders Maersk, Maersk, Sep 1. Mounts Bay/Mosel Express, Hapag-Lloyd, Sep 2. Union Concord, OOL. Sep 1/2(PK/PN). Albert Maersk, Maersk, Sep 8. Kasuga Maru/Maln Express, Hapag-Lloyd, Sep 12. Adrian Maersk, Maersk, Sep 15. Thames Maru/Elbe Express, Hapag-Lloyd, Sep 16. GENOA Korrlgan, ScanDutcht,
      458 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      410 15 AcX\ Europe Our Next Loader Port Kelang: 4 y Singapore: 1Z? For further details, see page V A RI) 1\ I AN I AH Orient Overseas COHlcmma Line FULLY CONT AMERISED SERVICE TO EUROPE (VW SUEZ) 17/9 18/9 20/9 22/9 25/9 25/9 26/9 28/9 30/9 3/10 30/9 1/10 3/10 5/10
      410 words
    • Advertisement
      Page 15 Advertisements Column 2
      384 15 HSEALORDH m UASC UNITED ARAB SHIPPING CO (SAG) Mina Qaboos (20/10) Mini M Faha( (23/10). Kuwait (26/10). Dim mam (29/10). Umi Dhabi (1/11). Dußa. (4/11) Mina Qaboos (24/10). Dubai (27/10). Abu Dhabi (30/10). Doha (2/11). Bahrain (5/11) Dimmam (1/11). Kuwait (11/U) FULLY CONTAINERISED SERVICE am (12/9). Kuwait (15 9) Dammam
      384 words
    • Advertisement
      Page 15 Advertisements Column 3
      638 15 Australia Our Next Loader Port 1/9 Singapore;— 7/9 For further details, see page V MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Kelang Petuuif Siagaporc |Longbeach(New York I Philadelphia 22/11 24/11 'SIHGAPORE CIOSMG TMES CY 30th At* 2300 MRS CFS 30th Aug 1100
      638 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      898 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Contain* Semce To Europe Feeder *P Keiang Vessel S port 1) MseiHes 2) Rdam 3) H'burg 4) Gburg BWLIA MWBAN 1/9 16/9 21/9
      898 words
    • Advertisement
      Page 16 Advertisements Column 2
      249 16 D» SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA 1/1 vi 7 n u/i ivi »/i wi 2S/1 xicaiai KXTMMMU "BARBER PERSEUS" fcpt 2. "BARBER TERRIER" S#t S, "BARBER TONSBERG" U. "BARBER TALISMAN" S* 1! TO: PANAMA US ATLANTIC EAST CANADA US QULF 1 1 ]j|Mm I Sm*A iMfc-ffl
      249 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      629 17 Overseas u B Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Bronai Porta and Bangkok CawUfcmiHp Saitci To/fr— Bantfcafc rim IMB Sinapon to Sabah. Sarawak aid Bnni BANGKOK AGENTS. BOKO SERVICES LTD. BANGKOK TEL 234-1(22 (5 UK) ENQURES: *SVKAPORE CAM PASSENGERS. TEL ***** Ben Ocean A Joint service of Ben
      629 words
    • Advertisement
      Page 17 Advertisements Column 2
      409 17 Franco Belgian Services MB If' tr :cK v. rt irf :< x!>: B> /<;ian \i r F.is', r»: I \nt <■ CM O®' full comwosHr soma rw* fi*opi own* aw x** niest lisept 22 23Sept ns«i o««coniuo WCONTUO I Sept 7 25 Sept 26 Sept MS* lfeT 3 Oct GMKT
      409 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      793 18 Hapag-Lloyd TO NORTH EUtOH Hat«| Eiprni Mauiti Bay Cardgan Bay lM|i Mara EXPORTS le Havre 76 9 28 9 3/10 5/10 9/10 11/10 7/10 9/10 15 10 18 10 17/10 19/10 "Mm acceptu* (ranshrpment cargo tor CARIBBEAN WE ST MWS n) Hamburg' Spore 5/9 14/9 16/9 119/9 23/9 25/9 1
      793 words
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      Page 18 Advertisements Column 2
      494 18 KOREA LINE SHIPPING CORPN P. Ketang PENANG S PORE VEGA 163N 3-6 Sept 10-12 S«pt 7-9 Sept FROM BUSAN BANGKOK VEGA 164E 3-6 Sept 10-12 Sept 7-9 Sept TO BUSAN ALTAR 167E 6-9 Oct 10-14 Oct 16-18 Oct FROM BUSAN BANGKOK ALTAIt 168W 6-9 Oct 10-14 Oct IS-18 Oct TO
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      Page 18 Advertisements Column 3
      489 18 ©EVERGREEN LINE I FAR [AST EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTWG CARGO FOR: UNITED KMGDOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMINGHAM, BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM, GOTHENBURG, AARHUS, COPENHAGEN HOLLAND AMSTERDAM I>n MM Ml *m MMm Mm* U K»w< Cm 31/* 21/9 23/9 25/9 27/9 29/9
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      Page 18 Advertisements Column 4
      610 18 Everett Lines! I I# Sapt 11/13 Sapt 11/13 Sapt na u/ii sapt BFSSC Ao«nH m Motoyvo BOUSTEAD SHPWNG TEL NOS KL *****2/*****9 ArfMMiM Da RMMMN S. A.C.I.F. "ARGENTINE NATIONAL LINE" LOAOM6 FOR DURBAN MONTEVDEO BUENOS MRES rpn ENTK MOS I 29/3$ W VwA Transportation Marrtima Maxicana S. K "MEXICAN NATIONAL
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      Page 18 Advertisements Column 5
      297 18 mO.S.E. CEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE \Tull SUN UNION LINE KARACHI SERVICE SMGATORE P-KELMK PENANG LOAD FOR AAUR CAREER »-30/1 RARACH southern CROSS IS-17/S KARROO social wons ocur snppbk t oitowuo pii lib SUB HUNTS P. KUARE OCUN MPPBK I OnOWUO Ml IT® smsmm ra mi
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      Page 19 Advertisements Column 1
      865 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) A Accepting LCL Cargo to Colombo Aqaba. *FCL Closing 7/9 2300 HRS SEA Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' VESSEL I VOY. •NEP ZIRCON 48S/49N ••NEP TOPAZ 50S/51N NEP ZIRCON 50S/51N NEP TOPAZ 525/53N MANILA H'KONG
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      Page 19 Advertisements Column 2
      894 19 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO EMMPt Spore P KHjng Germany Austria Ant Hoafkaat Tiprau M 28/8 17/» 19/9 i Hamtw, (ipmi 4/9 8/8 »/> 21/* MMMo U/J 3/11 5/1# 1 MmH Bit 14/» 9/11 11/11 C*4|jr Bay 17/9 7/11 9/11 II Kmplfara 23/9 K/9 14/11 18/18 1
      894 words
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      Page 19 Advertisements Column 3
      746 19 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE P AetangPenang foeMr •im K is Sm l)Mu*n?)• to" })tfkwt«>C b«| 71/9 72/9 21/9 29/9 510 S/10 17/10 13/10 IVIO 20/10 ft 10 77 10 Ml 3/11 9/11 11/11 Accepting kH It Genoa leghorn 7) Amsterdam Antoerp Lt Hint Babao BjUf St Ltwrpool
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      Page 19 Advertisements Column 4
      628 19 BOUSTEAD SHIPPING AGENCIES la BANK UNE EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) IVYBANK CLYDEBANK SANTA ELENA SPORE 4 Sep 23 Sep 13 Oct R'DAM HULL HMBG 30 Sep 3 Oct 8 Oct 18 Oct 22 Oct 27 Oct 13 Nov 22 Nov 17 Nov (Deep Tank Space Available)
      628 words
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      Page 20 Advertisements Column 1
      867 20 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA ETD (am kssis* n sp moiks ksseis tk la st m NordßavM 25/8 27/8 lapan Ate 11/9 21/9 lam Cat* Up U/9 20/1 Kmbe Mam IS/9 1/10 fw* Ace Vll 1/9 4/9 Ka*» Mara 79/9 Mkam Mara 21/9
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      Page 20 Advertisements Column 2
      685 20 ve i CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Loadnf tar LOS ANGELES. SAN FRANCISCO SEATTLE. TACOMA. VANCOUVOt B C Accept**! FCL/FCL Centjeterj P Smfipore I Anptn M PWMM- M Sepl 11 Sept 7 Oct AUSTRALIA EXPRESS CONTAINER SERVICE NEW ZEALAND SERVICE r nam irnino* mumctcm wcumb Accept* fa/fa CHl—i
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      Page 20 Advertisements Column 3
      596 20 if S ACiroup SINGAPORE SHIPPING AGENCIES PTE LTD 20TM F LOOR OCEAN BUIIOING SINGAPORE 0104 MARKETING *****2 13 LINESI GENERAL *****1 114 LINESI TERMINAL OFFICE *****83 TELE* R*****5 RS ***** A B CARSMIP CABLE CARGOSMIP Si J'lliSJr Ite. WEEKLY CONTAINER SERVICE to/from BANGKOK j£\ SINGAPORE ISLANDS UNH MIDDLE EAST REGULAR
      596 words
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      Page 20 Advertisements Column 4
      603 20 KORINS MARITIME SERVICES Room 601. ICB Building Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4'*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES Ihlyundae Shipping Co. Ltd. rhanuKobe Spore P. KetangLoadng for: 28 Aug Bandar Abbas/B. Khomeni 7 Sep D^nman/Bahraai/Kuwart 27 Sep Damman/Kuwart/Bahrain YUDONG... HANBORI HAN KEEL. ASIA MERCHANT MARINE S pore
      603 words
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      Page 20 Advertisements Column 5
      734 20 3S INTRASEA (PTE) LTD. Suite 2616. International Pi.j.*a Ar ,or Rrj Singapore 0207 Te! *****"' '"Ol -'^i BREAKBULK SERVICE TO EUROPE/UK ANANGEL NBOOM ***** NORASU ***** S pare P. Keianf Parianf 17 Sep 14 Sep BOLOUGM/RDAM/UK (AVON) I Oct 12 Oct FULL CONTAINER WEST BOUND SERVICE Lii*h tar A. MKHT
      734 words
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      Page 21 Advertisements Column 1
      854 21 NEPTUNE ORIENT LINES TO EUROPE/UK (VIA SUEZ): O. CHEF 26* HK CONTAfO 27W K MCEJM 11W C. CONTJUNER 13W N. GARNET 7W CONCORD IN C. PAUL 28W Also accepting cargo to/from Scandinavia S pore Closing Times: FCL Cargo 0500 5/9 HK CONTAINER LCL Cargo 1700 4/9 FROM EUROPE (VIA SUEZ)
      854 words
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      Page 21 Advertisements Column 2
      662 21 MALDIVE LINES ETA KUANTAM ETA PORT KELANG MALWVE GRACE 31/8 Loading For Nampo (North Korea) MAUXVE NOBLE 30/8 Loading for Hodeidah MAUX* PW2T 10/9 Loading for Mukkalla "E 27/8 <n Port Loading For Hodeidah MALDWE NAVIGATOR 15/9 Loading For Karachi MAUWE PEACE 2/9 7/9 10/9 Loading For Muscat/Dubai/ Dammam MALWVE
      662 words
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      Page 21 Advertisements Column 3
      545 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SHSOV BUHWWG 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** r KELANG PENANG M/S SHARKAT WAH SOON SON. M> IST ANO 2NO fLOOR MESSRS HAI THONG SMTffK 23 WeW
      545 words
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      Page 21 Advertisements Column 4
      89 21 13, CAjMjlUlj J_JM BULK TIMBER PLYWOOD SERVICES on r AUTHORITY SHIPPING AND TRADING PTE LTD I 104 Vrip Poarf p Tc». PS?6«at p?srn%T f NAGATUAM AGENSt SON BHD ir* .a'a" poe- EM i' a C:>*M; 11 jiy >: v x >i ;i »i EXPRESS TO BMTULU S«K LONG MTU (buM
      89 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      641 22 /L ANTOLL LINES Independent Ltter Service FCI Containers/Heavy Lifts o»«t b u to mxim* miwui* srwtr i»smam< SINGAPORE I sumtc PTE 110 1401 S. Rotaa Howe Shenton Smgaoore 0106 Tli RS ***** le) *****11 Bkgs 2232 343 *****-23 WEST MALAYSIA HSH (M) SA> BN3 KL TH *****3 *****7 Pt Kel
      641 words
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      Page 22 Advertisements Column 2
      470 22 JOHORE SHIPPING LY 161 lAL AN IFNGKU BAOAR PORI K1 I ANG Sf I ANG OR MAI A YSIA HAJ SHIPPING SDN. BERHAD h Express Umtload Service from P KeUng East Malaysia Brunei HAYATI V: 12/81 MAYATI V: 13/81 HAYATI V: 14/81 HAMDAH V: 15/81 HAMDAH V: 16/81 HAMDAH V:
      470 words
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      Page 22 Advertisements Column 3
      360 22 (All Sowdi Flog Loading tor DAMMAM, DUBAI, JEDDAH BKK SN SE 22/5 27/5 E 5/10 10/10 Srib UmAi U«Mt ASM MMUm CO 110 18. 2J***** K Lmv TIMS 9TM HHW *****4/4143* PwMt: nms TOMM.M *7375 TRANSTIMBER LINE BULK TIMBER SERVICE Mm Sh K loadstar--10/9 20/9 22/9 S*n». Mon«c« Trieste, idmdt,
      360 words
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      Page 22 Advertisements Column 4
      247 22 WT ID KRMC MOMS BEST >QINT n*U(I»W, 'I P I lift* WR»NI,«A Ko\l| |K ww*. in Ttinnr* w»*r,»ißo*r inang m M JUKKIKT SOUTHEAST ASH PTE. LTD. REGULAR CONSOLIDATION SERVICE TO W/CONTMENT i provide Deer to Deer Service. lain ivaftabie on reqwst. 11 VII Ih II a (f«JW ANTWERP SJNG 31/1
      247 words
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      Page 22 Advertisements Column 5
      289 22 PERKAPALAN LAUTAN BIRU SDN. BHD. P O Box 220. koti knMnkj S*bah KCUAR UNB SBtVKf Sabah Sdriwjfc Bangkok Sffigipote Port KrUng Penang P Klang S pore LoadMg for LAUTAN RAN VJ/ll In Port Labuan. KK LAUTAN LRU ¥.1/11 21 Auc 22 Auf Kudat. Labuan LAUTAN EMM V.6/S1 to Port Sandakan,
      289 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      153 22 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Temperature Shower Weather Wind direction with speed in knots *1 ew Wave height Cloudy Sky Surface win* an UkaM by airawa which fly with the wind (o) One full circle represents calm or light and
      153 words