The Business Times, 8 December 1981

Microfilm: NL11423
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, DECEMBER 8, 1981 60 CENTS
    11 words
  • Article
    Intraco to sign US$40m agreement
    421 1  -  By HSUNG BEE HWA INTRACO. the government-backed international trading company, will take its diversification programme one step further when it signs an agreement with Guthrie Overseas Holdings Ltd to develop 4,856 hectares of oil palm plantations in Sri Lanka. The joint venture, involving an investment
    421 words
  • Article
    Philips' design work
    197 1 THE Singapore subsidiary of the Dutch Philips group will now do more design work here instead of just relying on product designs from its headquarter's research and development laboratories. Consequently, it expects to place more "Made in Singapore" labels on products designed at its research and development
    197 words
  • Article
    CPF creates new investment fund
    373 1  -  By LEE YOKE MENG A NEW investment fund is being created by the Central Provident Fund Board to manage the premiums earned from its home protection scheme. This new insurance scheme, to be implemented next month, covers almost all members who have used their CPF
    373 words
  • Article, Illustration
    Rapid expansion of oil activities
    389 1  -  By RICHARD SEAH ASEAN oil exploration activities continued to expand rapidly in the third quarter of this year, underpinned by a record high success rate of offshore oil finds in the region. This augurs well (or Singapore's offshore support industry. The exploration index of Gaffney,
    389 words
  • Article
    Nothing unusual about possible petrochem delay
    353 1 THERE IS nothing limnnmi about a possible delay in the start-up of the Singapore petrochemical complex because of the magnitude of the project and also because of the change in market conditions since two years ago when production was scheduled to begin by early
    353 words
  • BRIEFLY...
    • Article
      Lock icon Cut in beef imports
      63 1 UPI TOKYO, Mon. Prime Minister Zenko Suzuki has approved a 4,000tonne cut in Japanese beef imports for the first half of 1982. Mr Suzuki summoned Sakue Matsumoto, Vice Minister of Agriculture, Forestry and Fisheries, to discuss the matter which is expected to hurt Australian beef producers.
      UPI  -  63 words
    • Article
      Lock icon Advertising inroads
      52 1 UPI BEIJING, Mon. China's restricted circulation International Trade News is expanding its advertising of foreign products, a New York-based advertising executive said today. Louis Sharpe, president of EastWest Trade Publications, said the Chinese publication had decided to print 20 different sections focusing on specific industries four times a
      UPI  -  52 words
    • Article
      Lock icon Super-speed train
      62 1 AP LONDON, Mon. British Rail's new super-high-speed passenger train made its debut today, nearly 10 years late and millions of pounds over its original budget. The train, dubbed "advanced passenger train," was given a champagne send-off on its 4-'/« hour journey from Glasgow, Scotland, to London's Euston Station.
      AP  -  62 words
    • Article
      Lock icon Wales cancels tour
      73 1 Reuter LONDON, Mon. Bowing to pressure from the British government and anti-apartheid groups, Wales today cancelled a proposed rugby tour of South Africa next year. The Welsh rugby union announced it was calling off the tour "with reluctance and much regret". The proposed tour had raised the
      Reuter  -  73 words
    • Article
      Lock icon Solidarity's secret
      71 1 UPI WARSAW, Mon. Polish authorities today released explicit details of a top secret Solidarity meeting last week at which the union leadership headed by Mr Lech Walesa debated means of taking power from the Communist regime by force. Solidarity national spokesman Mr Marek Brunne confirmed the account of
      UPI  -  71 words
    • Article
      Lock icon Oil discovery
      74 1 UPI JAKARTA, Mon. The state oil company Pertamina has found a major natural gas deposit in South Sumatra. Director Judo Sumbono said today Pertamina discovered the deposit some 240 kms north-west of Jakarta. The gas reserves were estimated at 22.2 billion cubic metres and large oil deposits were
      UPI  -  74 words
    • Article
      Lock icon Chemical warfare
      66 1 AFP BANGKOK, Mon. A former Laotian army captain has claimed that more than 60,000 Laotians have suffered from "yellow rain" poisoning and called on United Nations experts to make an on-the-spot investigation. Captain Jumua Lee said a UN panel recently in Thailand came up with inconclusive findings because
      AFP  -  66 words
  • Article
    Housing loan scheme gearing up well
    250 1 THE Central Provident Fund's housing loan scheme for private residential property seems to be working well after a somewhat shaky start. Banks and finance companies alike had been reluctant initially to participate in the scheme which allows borrowers to use up to 90 per
    250 words
  • Article
    More banks setting up offshore branches
    416 1  -  By ALVIN TAY A RECORD of 10 International banks have set up offshore branches here this year, and at least half a dozen more are currently preparing for their grand opening next year. This influx at foreign banks shows that the Republic is still
    416 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      233 1 m STORAGE SYSTEM SAVES 50%"70% OF FLOORSPACE For more details: DEKON PTE LTD Tel: *****56 IJiMDBZ SINGAPORE Land has called off its controversial proposal to acquire five shipowning companies Page 14 THE recent rapid fall in banks' deposit rates has resulted in Post Office Savings Bank having a more favourable
      233 words
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      Page 1 Advertisements Column 2
      118 1 r .v The Artist 707 synthesizer/organ is the ultimate in sound technology, reproducing true organ sound as well as providing unlimited scope for the i maginative musician via its 2 synthesizers the ultimate organ/synthesizer that keyboard players have been waiting for. An instrument truly ahead of it!s time. Also available:
      118 words
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      Page 1 Advertisements Column 3
      5 1 Leader ...page 8 Leader...p*ge ft
      5 words
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      Page 1 Advertisements Column 4
      118 1 RAKI CORPORATION Manufacturer* Exporter* Processor 1 e Merchant Gnnder e Packer e Wholesaler e Stockist Widest range of Oriental and Occidental Ground/ Whole/Rubbed Condiments. Herbs. Roots, Pulses and Seeds (Grinding data available). Raki Corporation Singapore Head OM«* Suit* 19-20, Nunaa Building 9 Malacca StrMt. S pore 0104 TM: *****4 *****4
      118 words
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      200 2 WANG The source and the spectrum m ■y rm > 'V *rWang Office caitomation Word processing Data processing Image processing Audio processing Networking Human factors On© company can provide you the entire range of office automation systems WANG. All six key elements of office automation find the right focus in
      200 words
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  • BANKING AND FINANCE
    • Article
      POSB rates more attractive than other banks'
      566 3  -  By ALVIN TAY THE RECENT rapid fall in commercial banks' deposit rates have resulted in Post Office Savings Bank having a more favourable rate (both on paper and effectively) for the first time in two years or more. The national savings bank is
      566 words
    • Article
      Lock icon HK LOAN FOR HYUNDAI
      241 3 Reuter SOUTH Korea's Hyundai group has signed a U5587.99 million syndicated loan in Hongkong. It is the first transaction structured as a note sale by a Korean company and the first participation in an onshore loan by hanks not resident in Korea, lead manager Chase Manhattan
      Reuter  -  241 words
    • Article
      Lock icon Newly defined money supply of HK up 1.5pc
      265 3 Reuter HONGKONG'B newly defM msaey sapply MS rase 1J per eeat to USfHMt Wttaa averall ia October while the leeal —m Map*■eat MS rase 1J per eeat to $141.1t billies, after lacreases s< U aad U per eeat respectively ia September. iraTaw,
      Reuter  -  265 words
    • Article
      Lock icon Fed eases policy to spur sagging US economy
      672 3 Reuter THE US Federal Reserve Board (Fed) has temporarily set aside rigid monetarist principles in an attempt to stimulate the sagging American economy. Henry Kaufman, chief economist at Salomon Brothers Inc. said: "It appears that the central bank is moving away, for
      Reuter  -  672 words
    • Article
      Lock icon Development bank
      115 3 AFP PRESIDENT Ferdinand Marcos has approved the establishment of a development bank in the Philippines which will be Jointly funded by Saudi Arabia, Kuwait and other Arab countries. Mr Marcos issued his approval during a call made by Filipino Muslim religious leaders who visited him specifically to get
      AFP  -  115 words
    • Article
      Lock icon Poland's delay forces Hungary to apply for IMF first
      515 3 Reuter POLAND'S hesitation in Joining the International Monetary Fund (IMF) finally pushed Hungary into applying for IMF membership first, said senior Hungarian officials. Both communist countries had long been interested in Joining the IMF and the World Bank, two finanMy] bodies
      Reuter  -  515 words
    • Article
      Lock icon Australia may borrow more in Zurich
      173 4 AFP AUSTRALIA is extending its borrowing from the public in Switzerland. Following the successful completion of the U public bond issues for Australia in Zurich recently, the Federal Treasury is studying further possible allocations over the next few months. The Treasurer, Mr John Howard,
      AFP  -  173 words
    • Article
      Lock icon Landoil unit raises facility of $30 m
      91 4 Reuter LANDOIL Resources Group subsidiary, Philippines Singapore Ports Corp, has raised a US$3O million shortterm revolving facility. A 1 Bahrain Arab African Bank EC said as Joint manager with the Bank of Babrain and Kuwait that the loan is guaranteed by the Philippine
      Reuter  -  91 words
    • Article
      Cheaper banking services in Malaysia soon
      750 4 BANK customers can soon expect cheaper h*nirtng services, a result of Bank Negara's review of banking practices. However, those with bad banking habits will find their lapses more costly as the fines will be considerably heavier. The changes come after four years of deliberations
      750 words
    • Article
      Lock icon JAPAN'S FOREIGN BONDS
      279 4 Reuter JAPAN'S Finance Ministry is concerned by an increasing number of Japanese external bonds with long-term dollar hedge agreements, because of their possible impact on long-term domestic money market interest rates. But ministry officials declined comment on information that the ministry recently instructed several unnamed Japanese companies
      Reuter  -  279 words
    • Article
      Singapore market
      470 4 TRADING on the local foreign exchange market yesterday was quiet with the forthcoming Christmas and New Year holidays Just arround the corner. The US dollar opened at 216.40 against the yen, rose about 60 points to the day's high of 216.90/06 yen before slipping) slightly to close at
      470 words
    • Article
      PLR
      22 4 THE avertfe rate at which major Singapore banks are currently prepared to lend to their beet customers is 12.7 per cent.
      22 words
    • Article
      ASIAN $
      175 4 ASIAN A8IAN currency deposit Interbank rates as at close on Dec 7. USIMUr^Spt) 7 days 11* II* 1 month Ml/16 11 14/16 2 months 12* 12* 3 months 12* 12* 6 months 12 13/16 12 11/16 9months 133/16 131/16 12 months 139/16 13 3/16 DM. 1 UUJl. m_j 1 month
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    • Article
      Discount
      48 4 RANGE et frioM edtred by discount houses on Dae 7: Overnight: 4H« to 4H% Call departs: 1% to 5V,% Ctataf b«T>m MUM 3-month Treasury MDa 4 31* 3- month Bank bills IS/16 >3/16 3 month* CD tu 8Vt 0 months CD 9H H Source: National Discount Co
      48 words
    • Article
      HONGKONG
      163 4 THE US Hrdi*»* in Hongkong yesterday was mixed against most ma)or currencies in quiet late exchanges. The market was awaiting oversea* indications. The latest US money supply figures, showing M-lb fell $900 million, and November's 8.4 per cent rise in November US unemployment had been expected. The US unit
      163 words
    • Article
      Gold
      210 4 SINGAPORE gold futures yesterday closed generally easier on some late local selling, in light trading. Total sales for the day was recorded at 31 lots while kerb volume at 87 lots. Prompt closed weaker at U*****.00/420.20 an ounce against 423.50/424.50 last Friday, February at 427.60/428.30 against 432.20/433.00 and April
      210 words
    • Article
      Silver quotes
      39 4 PM An New Tort 8.85B 8.92S UB IMS Zurich MTB IJ7B L»>* M78 S.4TS Singapore Mm UB PM UB •4 ICS 8. TOS Ckatng prtc m In US dollar* a troy oumo I. Source: Credit Suisse, S'pore.
      39 words
    • Article
      TOKYO
      165 4 THE US dollar (or overnight delivery In Tokyo yesterday closed firmer at 216.90 yen after a 216.40 opening, dealers said. This was also ahead of its 216.36/55 finish both in New York and on the US West Coast and the 215.30 close in Tokyo last Friday. Trading was moderate
      165 words
    • Article
      London
      114 4 THE dollar in London yesterday was little changed from Friday's close as the foreign exchange market made a very quiet start to the week, dealers said. There was very little trend to business and any technical weakness in the dollar was counteracted by seasonal commercial demand. The dollar opened
      114 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      225 3 9-12 DEC 81 •11 am 6pm WORLD TRADE CENTRE SINGAPORE Face the Future of Electronic Communication cap a 2. i U\ 9 4 3 ,VuVi t ri\V ■v;M mSWs 'A v a 4$ H A. Vi^ V Mfc Ancillary equipment and servceaids Network planning, construction and installation. Visit CommunicAsia 81
      225 words
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      Page 3 Advertisements Column 2
      97 3 (5if)MF Logan is far too good fix* the average whisky J Single Highland Malts w /|Viyi l/jQiH matuted in oak for more \JU. IiIIULI than twelve years, tempered by lighter grains from the Lowlands, in all more than thirty whiskies from Scotland have been carefully selected. The Logan blend is
      97 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      227 4 i» J* <x *Ar w* sri r i m ■f gs* S* m > E Diethelm. Furniture that has no equal. Discover for yourself the complete range of Swiss Line 2000 Furniture System at our special showroom display. SWISS LINE 2000 FURNITURE SYSTEM Diethelm presents the Swiss Line2ooo Furniture System
      227 words
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  • TRADE AND INDUSTRY
    • Article
      SIA to slow down buying of planes
      509 5  -  By WANG LOOK KEAH SINGAPORE Airlines is slowing down its purchase of aircraft in line with the airline's slower growth rates. In the next five years, it will buy no more than one or two aircraft a year. These will be modern, fuel-efficient
      509 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      212 5 MB Haas HeteJ», 38. has been appointed Marketing Manager of mining and construction technique for Atlas Copco (South-east Asia) Pte Ltd in Singapore. Mr Hedensjo graduated with a Master's degree in civil engineering from the Technical University of Chalmers in Gothenburg in 1368. TIM Cartaa has joined
      212 words
    • Article
      US team here keen on major projects
      170 5 A US international construction taskforce in Singapore to assess business opportunities has identified certain major projects they would like to participate in. These are the Changi Airport, Raffles City, Marina Centre, Jurong Town and certain public works now underway. This was disclosed by
      170 words
    • Article
      VITB plans for 1980s
      289 5 THE Vocational and Industrial Training Board is all set to provide the necessary training (or workers in the 1980s. During the past year, it has taken numerous steps to increase the number of its staff and to upgrade and develop its staff capabilities. These actions were
      289 words
    • Article
      Labour officials calling on selected sectors
      117 5 A TEAM of senior officials from the Ministry of Labour is currently visiting companies in the manufacturing, construction, commerce and banking industries. This is the fourth in the series of annual consultations with employers from selected sectors. Feedback obtained from in-depth discussions with top
      117 words
    • Article, Illustration
      Red-light monitor
      221 5 THE GERMANS have come up with another reckless driver's nightmare. They call it the Traffiphot, an electronic eye, which they will display at the CommunicAsia exhibition this week in Singapore. Motorists will no longer be able to beat the lights and get away with it, if the Traffic
      221 words
    • Article
      Fletta is here to promote $14m project
      275 5  -  By WONG SOUK YEE YET another Western Australian property developer is zeroing in on Singapore and Malaysia investors for its latest $14 million apartment block project. And this time the Australians are dangling a carrot in the form of a free trip to
      275 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      80 5 AlaxaUl^Tah'Sl Gentlemen, ifs now the season to give yourself a shoe gift from Marelli. At very special Christmas prices! Renowned for its superb craftsmanship and supple quality leather. Marelli shoes keep its good looks, colour, texture and finish alwavs So come down quick cos' this is the last sale for
      80 words
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      Page 5 Advertisements Column 2
      464 5 cargo gets red carpet treatment with MISC Container Service MISC, Malaysian International Shipping Corporation, rolls out the red carpet for cargo to Europe. This means personalized attention to your needs, a modern and dependable container fleet that sails punctually, last document clearance, regular coordination between the Far East and Europe.
      464 words
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  • OVERSEAS
    • Article
      Lock icon OAPEC MAY SETUP ALL-ARAB VENTURE
      158 6 UPI THE nine-member Organisation of Arab Oil Exporting Countries (Oapec) yesterday debated a proposal to establish an all-Arab company for petroleum exploration, a move aimed at breaking the hold of multi-national companies. Oapec oil ministers, who started a two-day meeting yesterday, will consider a feasibility
      UPI  -  158 words
    • Article
      Lock icon Opec to work out fair sales competition
      620 6 Reuter MINISTERS of the Organisation of Petroleum Exporting Countries (Opec) are meeting in Abu Dhabi tomorrow to work out an oil-price range that will allow all 13 members to compete equally for sales. The United Arab Emirates (UAE) Oil Minister, Mana Said al-Oteiba,
      Reuter  -  620 words
    • Article
      Lock icon Signs of a stable but weakened HK economy
      375 6 AFP THE 1981 scoreboard for Hongkong will show a stable but weakened economy, a decline In domestic exports, a hefty trade deficit but very healthy government revenues. Although full year-end statistics will not be available until the beginning of next year, analysts
      AFP  -  375 words
    • Article
      Lock icon US managers report worsening economy
      290 6 Reuter THE downward trend of America's economic activity worsened in November, according to the monthly survey o< the US National Association of Purchasing Management. The association, 'whose survey of 225 purchasing managers of industrial companies is an early indicator of economic activity, said managers reported
      Reuter  -  290 words
    • Article
      Lock icon Further American tax cuts likely
      114 6 Reuter THE Reagan Administration may propose more tax cuts in the 1963 and 1964 federal budgets. Announcing this in a television interview in New York yesterday, Treasury Secretary Donald Regan said: "Looking ahead to the budget (or 1963 and 1964, we may well decide to
      Reuter  -  114 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      718 6 ARRIVALS Service Local Operator Number Tine From AI AI412 0030 BOM PAA PA005 0150 JFK/SPO/AHA/HKG MAS MH60I 0630 KUL S1A SQI01 0815 KUL MAS MH811 0815 PEN MAS MH671 0845 KUL Al AI416 0910 BOM/MAA/KUL RBA BI427 0825 BWN MAS MHfflO OMO BH/MYY/KCH SIA SQ201 1000 HLP
      718 words
    • Article
      Lock icon Fiat and Alfa Romeo plan major layoffs next year
      325 7 Reuter ITALY'S two leading car manufacturers, Fiat and Alfa Romeo, plan major layoffs next year to adjust output to falling markets. Representatives of the state-owned Alfa Romeo said during the weekend that the company is seeking declaration of a state of
      Reuter  -  325 words
    • Article
      Lock icon Australians to cut protection in industries
      340 7 Reuter A GOVERNMENT advisory body has recommended gradual but significant cuts in the large amount of protection given to Australian industries against imported goods. The Industries Assistance Commission (lAC) particularly wants a quota system removed from car imports and restrictions on clothing, footwear and
      Reuter  -  340 words
    • Article
      Lock icon China's tax law for foreigners
      618 7 Reuter CHINA has disclosed details of a new income tax law for foreign companies which it says will allow corporations to credit taxes paid in China against taxes paid to their own governments. The official New ChiaM News Agency said the draft law, covering an
      Reuter  -  618 words
    • Article
      Lock icon Concern over Asian workforce in Gulf region
      224 7 AFP DEEP c—cera abut the effect af the large umber af Asian werkers la the Gaif area, particularly la the Ualted Arab Emirates, ha* bees expressed la Aba DhaM's prat repsrts. A oMuneatary reprlated by the Emirates News Agaacy sald there are ti
      AFP  -  224 words
    • Article
      Lock icon BRITISH AID CUTS
      244 7 Reuter THE BRITISH government will shortly announce cuts in Its overseas aid programme, a spokesman for the Overseas Development Administration (ODA) said. Since coming to power in 1979, the Conservative government has already announced a 15 per cent cut in its 1981-1983 aid programme, and the forthcoming
      Reuter  -  244 words
    • Article
      Lock icon Australian wheat for India?
      143 7 UPI GOVERNMENT officials in Sydney and private grain traders believe that the announcement of a major Australian wheat sale to India is imminent. Rumours circulating widely through the Sydney grain market put the quantity at 750,000 tonnes for delivery from January through March. The sale would
      UPI  -  143 words
    • Article
      Lock icon Seychelles prohibits American warships
      157 7 Reuter AMERICAN warships have been barred from the Seychelles because the Pentagon refuses to disclose whether they are nuclearpowered or armed. Seychelles' Foreign Minister, Jacques Hudoul? said President Albert Rene had made it obligatory for foreign governments to declare whether naval vessels planning to anchor were
      Reuter  -  157 words
    • WORLD IN BRIEF
      • Article
        Lock icon NEW MAS BOEINGS
        564 7 Agencies THE state-owned Malaysian Airline System (MAS) will take delivery of two new Boeing 747s in March. Each aircraft, costing Ms4ls million, will be able to carry 402 passengers with 30 in first class, 44 in business class and the rest in economy. AN INDIAN detegattoa left
        Agencies  -  564 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      253 6 v PW- A rz ii i 1 yv* •V r W- m !£*i L *ii (SSfrm. r r t ~v 1 11 zi 7 A 1 ALFETTA 2.0 AT $52,360.00 OFFERS THE BEST VALUE FOR YOUR MONEY Compare and you'll be convinced COMPARISON CHART 1981 ♦Offer valid for the first
      253 words
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      Page 6 Advertisements Column 2
      56 6 N.M. Rothschild St Sons ACU m Indicated Deposit Rates MONEY ON CALL ACCOUNT 10% 1 WEEK 11% 1100 1 MONTH 11% 110 V 2 MONTHS u (Minimum balance 3 MONTHS >2 US$lO 000) 6 MONTHS 13 N.M. Rothschild Sons (Singapore) Limited Ground Root, Straits Trading Building, Battery Road, Singapore 0104
      56 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      34 7 THE LARGEST-SELLING CHAIN-SAW IN THE WORLD. >VM(»Nr47?Vf FO#» SOUTH CAST ASM SHTHLISEAJPTE LTD Unit 1003, 10th Floor, Tan Boon Liat Building, Outram Road, Singapore 0316. Tel: *****47 (3 Lines) Cable: STIHLSEA Telex: RS *****
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      Page 7 Advertisements Column 2
      355 7 Presenting the GREAT DESKTOP SAVER.. the Canon NP-120 3P SAVER.. Less time. Canon's NP-120 plain paper copier is always ready, because it doesn't need to warm up. In fact there's no power switch to worry about. A single touch on the copy start key gives you clear, crisp copies immediately.
      355 words
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  • Article
    Investing more aggressively
    362 8 THE CENTRAL Provident Fund has over the years evolved schemes to enable its contributors to make use of their savings earlier than originally planned. CPF members are now allowed to use their savings to buy property and Singapore Bus Service shares. Then there is tho proposed home
    362 words
  • Article
    Accepting setbacks philosophically
    317 8 SINGAPORE IS an ambitious country. The increasing prosperity which Singaporeans now enjoy is no doubt attributable to the high standards and expectations they set for themselves. A necessary consequence of these aspirations is that should the Republic make a mistake, it would be a big one. It
    317 words
  • Article
    Lock icon Uncertain prospects for New Zealand economy
    1028 8  -  Businessmen and economists fear that the minimal one-seat parliamentary majority for Prime Minister Robert Muldoon will politically prevent a decisive economic policy. The future does not look bright as the country's problems with inflation, unemployment, stagnation and an expanding balance of payments deficit leave
    Reuter  -  1,028 words
  • Article
    Lock icon Mitterrand attempts to woo small businesses
    1591 8  -  The issue of small and medium sized companies is a critical one for the new SocialistCommunist administration fn France. If the policy of industrial expansion and sharply reduced unemployment is to work, the government desperately needs the cooperation of this part of industry. Yet,
    FT  -  1,591 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      593 8 I > -M-OIE CROSSWORD CRYPTIC PUZZLE ACROSS An>rrest that hurts (5) Dark green area? (5) Works to carve our slab (7) Dependable blend of alloy (5) Also kicking, presumably (5) A name to preserve, that is (5) Albert, flowery fictional detective (7) Go wrong in butter rationing (3) Minerals in
      593 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      27 8 v*euc,p» eocH This eecw domw^D J THOmPSON WHO LOV£D this view OF tw£ SVJ»Id<NG *«A".r t Nevee <nau TOBDY thopopson TMe Fißm S CRP*un£.C, H*D rromeD ?F\CeMTS.
      27 words
    • Miscellaneous
      Page 8 Miscellaneous Column 3
      561 8 &;RftDIO Nellie Oleson is pregnant DAVID Jewel wptrti frem the USSR m the health sf the Sevtet petltteal system la Newsweek: Grit* la The KremUa (eh S at lt.lt). Bea»e af the faratlew■ ached are: Cm It survive the pnaira eaased hy a mere aggreerive ihnlih trattea la Washlagtsa, the
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    • Miscellaneous
      Page 8 Miscellaneous Column 4
      155 8 Patrol 8.15 On The Sunny Side II.M Prog Summary and Today's Diary followed by Songs For Children 19.30 Science Report 11.48 Potluck II.M News-In-Brief 11.16 Oldies But Goodies 11.91 Does The Team Think 12.M Lunch Date 1.31 News Followed By Share Market Report And Weather Forecast 1.45 Sounds Orchestral fc.M
      155 words
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  • Article
    Lock icon Politicians heap blame on the power of money
    827 9  -  FORUM, with FLORA LEWIS NYT PRESIDENT Reagan and President Mitterrand are on opposite sides of the political spectrum. Both won office from an electorate that was fed up with familiar leaders to the point of accepting the risk of experiment. One preached
    NYT  -  827 words
  • Article
    Lock icon Iraq spending billions on development
    1010 9  -  By FRANCOIS DURIAUD Reuter IRAQ is spending billions of dollars on economic development projects despite a costly war with Iran which has reduced the country's oil export revenue drastically and cut deeply into its foreign exchange reserves. "Development is as serious as jwar,V the government's
    Reuter  -  1,010 words
  • Article
    Lock icon Unresolved issue at EMS meeting
    1012 9  -  Bankers, dons and economists met recently in Frankfurt to air their hopes and fears for the future of the European Monetary System. JONATHAN CARR reports that, for better or worse, Britain seems to hold the key to the future- JONATHAN CARR FT LIKE the ghost
    FT  -  1,012 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      50 9 FURNITURE UII H Touch of Class LUXURY INTBNORSPTE.ITD. 321, Plaza Skigapura NOTICE TOMORROW At 10.00 a.m. PUBLIC AUCTION of Over 300 very late model Precision Automatics, Gear Machinery, Blanking Presses, Finishing Machines and Machine Tools as late as 1961. at ROLLS SINGAPORE (PTE.) LTD. 750 Chai Chee Road, Singapore 1646.
      50 words
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      Page 9 Advertisements Column 2
      228 9 "The new Super 80 is 50% quieter and uses 30% less fuel. And ifs 100% ready. Now!" Pete Conrad Former Astronaut Senior Vice-President Douglas Aircraft Company Our new Super 80 is the first of the new genera- with comparable seating. 4ion oj jets. It s proving itself in service. And
      228 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon IBM expenditure
      511 10 Reuter, NYT INTERNATIONAL Business Machines Corporation (IBM) expects 1981 capital expenditures to total about US$7 billion, including $2.5 billion in plant and equipment outlays, compared with |6.6 billion last year. President John R Opel said the rate of increase in capital outlays will be significantly less in the
      Reuter,; NYT  -  511 words
    • Article
      Dow Jones completes purchase
      123 10 DOW JONES A Co, Inc has completed the purchase of 2,010,375 newly issued common shares from Continental Cablevision for US$5O.3 million. In addition, under a previously announced agreement approved by Continental's board of directors, Dow Jones is offering to buy another 1.1 million common shares from
      123 words
    • Article
      Lock icon Cables venture by AEG, Bosch
      232 10 Reuter AEG-TELEFUNKEN, the financially troubled German electronics firm, has reached agreement on a joint telecommunications venture with steelmakers Mannesmann and the electrical company Robert Borch. AEG said a new holding company would be created, embracing its existing cable and telecommunications operations and in which it
      Reuter  -  232 words
    • Article
      Lock icon CRA GROUP TO BUY STAKE
      71 10 Reuter THE AUSTRALIAN mining group, CRA, will take a SO per cent interest in Kloecknerwerke AG of West Germany's coal gasification company, Kloeckner Kohlegas GMBH. The move is the first under a new cooperation agreement which will also lead to the formation of a new
      Reuter  -  71 words
    • Article
      Chrysler
      47 10 CHRYSLER Corporation expects a profit for 1982 after a large 1961 loss, because of a predicted improvement in car sales. The company has not reported a full-year profit since 1977. It expects a fourth quarter 1981 loss due to the poor state of the car market.
      47 words
    • Article
      Lock icon BASF to lower its plastics capacity
      296 10 FT BASF, the West German chemicals group, sustained losses of 100 million deutschmarks on its commodity plastics operations in the first nine months of 1981 and is planning the closure of around 100,000 tonnes of its present plastics capacity. Since the first oil crisis
      FT  -  296 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      789 10 See Page 13 for Asian stocks The American Express Card serves you well, wherever good food is serve Getaway to Sentosa with family and friends 4L--1 s&3 '"-SMS* j k* ft Cost only HALF AS MUCH if you're residing in Singapore It's easy .Just book our chalet units, and enjoy
      789 words
    • Advertisement
      Page 10 Advertisements Column 2
      175 10 3 Tt 1 The Dragon Palace Restaurant is where you can dine in regal splendour and feast on splendid dishes fit for a King Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome 1 Cockpit HtM Oxiey RisevPenang Road, Singapore 0923 Tel
      175 words
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  • RAW MATERIALS
    • Article
      RUBBER
      227 11 RUBBER prices in Singapore yesterday closed quietly steady with December One RSS buyers quoted at 187.50 cents per kilo, unchanged on balance. Morning prices were marked up slightly on covering interest and higher Japanese market advices. Afternoon prices were initially steady but eased slightly towards the close despite some
      227 words
    • Article
      RAS PRICES
      315 11 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R-S.S. prompt f o b. 187 JO 188 JON 187.00 189.00N Int. 1 R.S.S. December 188.80 189.00 187.50 188.50 Int. 1 R.S.S. January 192.50 193.50 192.00 192.50 lit 2
      315 words
    • Article
      SSR and SMR
      107 11 NOON SSI It fad SMR pneaa yf day ftAS (1-toa pallet Dtiia (Carnal Bay an ft bar Mtk) a Uara Juwrr (Forward MU) Barer* Sallara vS K ]o D 163.00 186.00N 166.00 167.00N SSR 60 (1-toa pallet t) 160.00 161.00N 1U.00 163.00N MKKLB SMR CV Daeaabar Jaaaai-7
      107 words
    • Article
      Produce exchange
      168 11 CHINESE Phlim Exchange, SiSjZ*)* 1 P<toe Osas—t tU: Bulk fob $108.00 sellers, okl drum (in second hand dram) lob $122.00 sellers, new drum fob $126.00 sellers. Cspra: Mixed (loose) $58.50 buyer*. Pepper: Muntok white pepper fob Acta NLW $372.50 sellers, Sarawak white pepper faq fob NLW $387.50 sellers,
      168 words
    • Article
      TEXTILES
      193 11 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattea yam: China Blue Phoenix 2Qp 2,540; 328 3,170, 40a 3,350 (per bale of 400 lba). Piece gsads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      RICE
      331 11 SINGAPORE: Yesterday's closing prices in SJ per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.88, 100 per cent second class 1.13, 100 per cent third class 1.08, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.73, Special
      331 words
    • Article
      Straits Tin
      88 11 THE BTRAITS tin price in Peaug yesterday fell six cents to M 935.34 ft kilo alter easing six cents en Sntnrdfty, to move dewn the ITC npper range sf $54.18 and $37.89. Deftlers attributed the fall to operators adapting a wait-and-see attitude an the US Senate announcement far
      88 words
    • Article
      CLOSING PRICES
      31 11 Rubber Dec 7 Singapore: Dec: 187.60 cents (unchanged) Malaysia: Dec: 205.00 centa (down 1.00 cent) Tin: M*35.34 per kilo (down 6 cents) Official offering: 186 tonnes (up 47 tonnes)
      31 words
    • Article
      Lock icon Forecast of silver price fall
      168 11 Reuter BULLION dealer Sharps Pixley Ltd said spot silver is likely to again test the 800 cent per ounce lower level. There would appear to be little likelihood of any major short term rise in demand sufficient to lift the price much above current levels,
      Reuter  -  168 words
    • Article
      LONDON MARKETS
      730 11 COiteE: Steady but quiet conditions existed in robusta coffee futures for much of the morning and prices closed the period around session highs, traders said. Mixed support was noted with sellers reserved The traders said the market was largely geared to last Friday's steady New York trend but
      730 words
    • Article
      PALM OIL
      114 11 THE Kuala Lumpur crude palm oil market yesterday closed steady on lack of buying interest in quiet and featureless trading, dealers said. December in the south was traded unchanged at MsB7o a tonne while in January north also stood unchanged at $880. The refined market was dull. CJ.F.
      114 words
    • Article
      Lock icon TOTAL EXPORTS OF SARAWAK PEPPER
      234 11 AFP THE TOTAL EXPORTS of Sarawak pepper for this year are estimated to be 3.5 per cent less than last year's exports, the Pepper Marketing Board said. In a review of the September market, the board said in its bulletin that Sarawak's pepper exports for
      AFP  -  234 words
    • Article
      Felda palm oil schemes facing problems
      342 11 HUNDREDS of tonnes of oil palm fruits in Felda schemes in Pahang are known to have been either left to rot or burnt because of transportation and processing problems. This has caused quite a loss to Felda settlers. "The government is aware of such
      342 words
    • Article
      Lock icon Negotiations for world wheat pact break down
      429 11 AP NEGOTIATIONS by the International Wheat Council (IWC) to secure a new world wheat pact broke down last Thursday after dragging on for six years. The talks were aimed at securing a new international wheat agreement to replace the present pact, which has
      AP  -  429 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      130 11 Hi s» ■t > ft > r f w I'&m t: v I Wfe'ie rightwhaetheadion 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 an
      130 words
    • Advertisement
      Page 11 Advertisements Column 2
      137 11 NOTICE To the holder* of the floating rale U.S. Dollar Certificates of Depoert due Bth June. 1982 of: THE FUJI BANK, LIMITED (Singapore Br—ill) DBS Bidding Shanton Way Singapore 0708 We hereby certrfy that the rate of interest payable on the above mentioned Certificates of Deposit for the Interest Period
      137 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1800 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SBCTION ONB INDUSTRIAL COMMERCIAL Acma (3MB 1148)
    1,800 words
  • Article
    Unit trusts
    82 12 DtamoocT'***' ee kf Dae D S'pore Fd (U3») IB LB LIS 9 (Nov) (today) INCOME BOM J UNIT (Cam* artaaa) Irni Boad Lfl LIT HtfAHIO rUj VISA kr Dae Stcsad B putra SJ9 4.® 157 4.TD Third B'pvtra tank B'putra 4.10 127 4.13 IB Kk B'putra SfcKtk B
    82 words
  • Article
    SHARE INFORMATION SERVICE
    2831 12 SL'tiCMpuj Last Sale +orGr*s Dix DIt Ctt Gr*s YTd Net P/E Vol (•000) Day High Low a SECTION ONE w**9m' INDUSTRIAL COMMERCIAL t «M 115 BS® 312 «o 300 §L 470 f 532* t 2 fcr 4 348 115 1» 1M 308 75 3M 330 322 231
    2,831 words
  • Article
    In Kuala Lumpur
    1639 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. raomuu Mkmm (LMB) (SI) LM (J) IB ((B) LM (S) LB (8)
    1,639 words
  • Article
    Investors still undecided
    575 12 THE Wk ui town Me» ei to to to lira mtoto stoat wto toeali take e«M sf to flagspsi u itoek airtrt yestoriay tto raeatt wm Mwtoer toy sf toieeton Wtot etortoi aff aa a geaerally steady market, Ktowty tato a mItH tt raster (■••4. Prices fluctuated
    575 words
  • Article
    Kuala Lumpur closes mixed
    534 12 SHARE prices finished mixed to slightly easier on the Kuala Lumpur Stock Exchange yesterday despite an encouraging start. Turnover was also marginally lower. The market opened firm to selectively higher and, although some profit-taking was noticeable around midmorning, the improvement continued till the lunchbreak. One observer
    534 words
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  • COMPANY NEWS
    • Article
      Promet provides details of $153m contracts
      251 13 PROMET Bhd has replied to the Kuala Lumpur Stock Exchange regarding a Business Times report on its securing building contracts worth Msls3 million in Kuching and Penang. The project in Penang involves the acceptance of a tender from Billand Sdn Bhd on Nov 9
      251 words
    • Article
      SJAH not optimistic
      151 13 SOUTH Johore Amalgamated Holdings (SJAH) is not optimistic that its earnings (or the current second halfyear can be maintained at the level of a year ago. This was because of the increasing costs of operation and keener competition from express bus operators, the company < said. However,
      151 words
    • Article
      G Lumber receives application for 88pc of rights
      203 13 GENERAL Lumber (Holdings) Bhd has received applications for 2.984 million shares to be issued under its one-for-five rights issue at Mil each. This represents 88.8 per cent of the total of 3.36 million new shares to be issued. Excess share applications totalling
      203 words
    • Article
      COMPANY BRIEFS
      529 13 HIGHLANDS aai Lvwtaads BM has informed that with effect from Jan 1, Barlow Boustead Estates Agency Sdn Bhd win cease to act as the company's managing agents and principal registrars. From Jan 1, the company's new head office and registered office will be at 3rd and 4th floors,
      529 words
    • Article
      Timah Langat to be listed on KLSE soon
      695 13  -  By KADIR JASIN TIMAH Langat Bhd (TLB), the money spinner of Kumpulan Perangsang Selangor Bhd (KPS) the investment arm of the Selangor government will soon have its shares traded on the Kuala Lumpur Stock Exchange, making it the first state government-promoted venture
      695 words
    • Article
      Ming Court benefits from revaluation
      231 13 MING Court Hotel, recently acquired by Malayan United Industries, has been revalued at a substantial surplus over its book value. A professional revaluation of the company's Unri arvj buildings was carried out by Richard Ellis, C H Williams <mi Aug 6, valuing the property at
      231 words
  • ASIAN STOCKS
    • Article
      Market closes steady
      246 13 HONGKONG STOCKS IN Hongkong yesterday dosed higher after a late rally after drifting lower by midday. The one percentage point cut in local interest rates announced on Friday buoyed the market initially, but the market did not sustain its early enthusiasm. Volume improved in the afternoon on
      246 words
    • Article
      Sydney shares finish firm
      312 13 ONE OF THE on-shore oil strikes in Australia boosted the Sydney market yesterday and set the scene for another rally. The Cooper Basin well, Jackson no 1, flowed 2,500 barrels a day of 39 degree API oil in a test from the Jurassic Hutton Sandstone zone
      312 words
    • Article
      Tokyo stocks end higher
      400 13 SHARE prices in Tokyo yesterday rose for the fifth consecutive day on selective buying in blue chips and high technology issues with sentiment encouraged by lower overseas interest rates. The market average rose 29.85 points to 7,789.16, but trading was slow on a volume of 280
      400 words
    • Article
      Manila
      69 13 DEC 07 PMM Aco)« Mtntn« mm 0M AUaj Coo. A ill., coo. itm -0J Bafulo Ootd Bcnfuat Con B BT Ooodrteb ever mm m a *ami T ■inch 0.1 1' OrMntaJ A Ortental B QS6 unch Phil Owmti M3 -oj»i nuitx a JhUj* li -0 005 PtooMT »ij unch
      69 words
    • Article
      Selected indices
      29 13 H.K.HANG SENG Monday 1423.82 Friday 1409.82 Week Ago *****2 AUSTRALIAN INDUSTRIALS Monday 735.3 Friday 740.5 Week Ago 735.3 ALL ORDINARIES Monday aOQ.7 Friday 0010 Week Ago 504.5
      29 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      274 13 SINGAPORE LAND LIMI1H) Announcement On 17th November 1981 the Board of Singapore Land Limited announced that subject to shareholders' approval at an Extraordinary General Meeting on 18th December 1981 it proposed, inter alia, to acquire five Singapore ship-owning companies to be financed by way of a rights issue. The Directors
      274 words
    • Advertisement
      Page 13 Advertisements Column 2
      416 13 NSTI Hi THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD (lM»rp*mto4 la Malaysia) Company for the*year Ist August 1 98? a?fosow£-' rcsults of the Grou P the Turnover Trading Profit Before Taxation Share of profits of associated companies Profit before taxation Taxation Profit After Taxation Extraordinary Item Minority Interest Unappropriated profit
      416 words
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  • Chief Price Chances
    • Article
      SINGAPORE
      145 14 Rises 900 35 Koek 8*4 4oe 28 Vu D«r Horst 378 28 lIPP 221 27 U B 207 24 H Royal 267 22 NBP Hide* 720 +20 NTC 000 20 Grud Calrtl MS 15 Tow. City 430 12 Papor PrWieta 3M 12 Boas toad 308 11 Motro Hides 900
      145 words
    • Article, Illustration
      KUALA LUMPUR
      157 14 Rites Rothmans 1090 +70 P Products 358 +20 MAA 430 +20 MBFHldgs 760 +20 NST 330 +20 Dunlop Est 540 15 Supreme Corp 474 +14 Norwchem 268 13 M Resources 330 12 Tone Meng 258 10 Falls HLeooglnd 1290 -30 H Leoog Tin A Amftl 850 -25 800
      157 words
  • Article
    S'pore Land calls off acquisitions
    431 14  -  ■SB Companies Editor: Mano Sabnani By KOH TSE YING SINGAPORE Land has called off its controversial proposal to acquire five ship-owning companies. The company announced yesterday that the board, "recognising the importance of maintaining good and harmonious relations with the authorities and the shareholders, have
    431 words
  • Article
    Record NST earnings
    404 14  -  By DAVID CHOW THE New Straits Times press group has again turned in a sterling performance. Its pre-tax profit soared to another record of M 532.2 million for its financial year ended Aug 31. Shareholders will therefore be treated to a special dividend of 5 per cent
    404 words
  • Article
    Stake in G Bottling
    308 14 FOQD and drinks group Yeo Hiap Seng (Singapore) is now the largest single shareholder in General Bottling, a public company listed on the Hongkong Stock Exchange. Yeo Hiap Seng yesterday announced that it had on Dec 4 bought out the Carrian group's 45 per cent stake
    308 words
  • Article
    Trading in Rothmans shares halted at company's request
    364 14 TRADING in the shares of Rothmans of Pall Mall (Malaysia) was temporarily suspended yesterday afternoon, at the request of the company. In its statement to the Stock Exchange of Singapore, Rothmans said an announcement will be made on Dec 14. Observers say
    364 words
  • Article
    LONDON STOCKS
    769 14 LONDON, Mob. GOLD «hare* opened lover today with the «lightly easier bullion price, while others were firmer. Heavyweight gold shares fell by up to 100 US cents. The tinner opening was in extension at last Friday's trend, but trading was very quiet with little buying interest noted. UK
    769 words
  • Article, Illustration
    Lock icon Bank Bumiputra likely to merge with Maybank
    609 14 mm*** by HOCK LOCK SIEW Following the successful completion of the merger of the old Malaysia Mining Corporation with the Malayan Tin group, the bumiputras, through Permodalan Nasional Bhd (PNB) control the largest tin mining concern in the world. And the fact that
    by HOCK LOCK SIEW  -  609 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      193 14 THAYER, ZINMAN 4 MAGUIRE Attornaye-at-Law A full service law firm able to assist the East Asian investor in the U.S.A. 235 Montgomery Street, Ste. 435 San Francisco, California ***** Tak (415) 781-7400 b 1 s V The magic of Hawaii... the investment of a lifetime LAULFA luxury ocean front condominium.
      193 words
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      Page 14 Advertisements Column 2
      69 14 ONLY A BIG AND WELL KNOWN TT i i k i WOULD RENT YOU A CAR WITHOUT CASSETTE/RADIO AND CASSETTES. At BTW, we have to do a lot more to win you over from our famous competitors. A cassette/radio and cassettes is just one extra you'll find in all our
      69 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      53 14 OUTLOOK for Singapore from 6am to Ipm today: Unavailable. Benert ti wairpaii for 24 lain priar W7Jpm Dee 7 at Maximum temperature 30.2 Associated humidity 67 Minimum temperature 24.0 Associated humidity 91 Hours of sunshine 3.40 Rainfall in millimetres 2.9 Total rainfall for the month 85.0 Total rainy days for
      53 words
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  • SHIPPING TIMES
    • Article
      Lock icon ADB loan for Thai port projects,
      202 15 AFP THE Manila-based Asian Development Bank (ADB) has approved a loan of US$7l.4 million for the construction of deep-water port facilities at the southern Thai towns of Songkhla and Phuket. The loan will cover the first phase of the project, which has a total
      AFP  -  202 words
    • Article, Illustration
      Hoegh will add another ship to its US run
      538 15  -  By JUNE LIM LEIF Hoegh will be adding another vessel to its express service from South-east Asia to the United States east coast. The Hoegh Opal will be withdrawn from the Norwegian line's round-the-world service, to join the express service in
      538 words
    • PORTSIDES
      • Article
        Lock icon KPI under pressure
        125 15 AFP THE INDONESIAN Seamen Association, KPI, has come under government pressure to help the large numbers of Indonesian seamen And work on foreign ships. Indonesian seamen are well known for their high working standards, but so far only some 5,000 of them are employed on foreign ships,
        AFP  -  125 words
      • Article
        Lock icon St Lawrence Seaway
        75 15 Reuter THE ST Lawrence Seaway Development Corp and the St Lawrence Seaway Authority of Canada have reached a final decision to raise its tolls. The revised, higher tolls will become effective when the 1982 navigation season begins. The revisions include increases in charges averaging 18 per cent
        Reuter  -  75 words
      • Article
        Y K Pao gets award
        84 15 HONGKONG shipping magnate, Sir Yue-Kong Pao, has been awarded the insignia of the Order of the Sacred Treasure by the Emperor of Japan in recognition of his contribution towards the world maritime industry in general and Japanese shipping and shipbuilding industries in particular. Sir Yue-Kong
        84 words
    • Article
      INDEX TO ADVERTISERS
      694 15 SklpptagLtee P»*e CM Achipelego Shpg VI Afea VI 3 Afro-Eurasia VI I Alfred CT VI 1 All trans vn 4 Alpac VI 9 Angkutan VI 4 Angonave V 3 ANL I I APL m 4/5 Argentine IV 4 ASCL m' 1 Asia Merchant VI 4 A astasia
      694 words
    • Article
      SHIPS IN PORT
      356 16 ARRIVALS KEPPEL WHARVES Atrevida (1500 after Barber Tsu shifts A dredging permitting 35/ 36 Barber Tsu (i) (0700) (T/L) 38/ 39 Barber Tsu (ii) (1400 shifts on completion of 47 T/L) 47 Equator m (0700) 22 Hakko Cardioid (1000 after Tomoshima Maru) 25 Kola Bahagia (0700 after
      356 words
    • Article
      Container Schedules
      942 16 RECEIVING of export fcl containers AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy No. Estimated Time of Arrival Shipping Lines Gdn Mode of Operatn Date Time P. Elsenhower Neptune Zircon Siri Bhum Pegasus Pride Sea Hawk V. Klochkov Alva Maersk Ned Delft Pacific Express Benarmin Shokawa Maru
      942 words
    • Article
      LONDON FREIGHTS
      1666 16 ACTIVE grain chartering out of North American east coast ports on Friday at steady rates featured the freight market, shipbrokers said. About five vessels were secured from the US Gulf to Japan with cargoes of 50,000 tons commanding an unchanged US$l9, while $20 was paid for a 42,000
      1,666 words
    • Article
      SHIPPING EVENTS
      272 17 CARRIAGE ti goods by sea December 7-11, Lloyd's of London Press/University of Southampton seminar, Polygon Hotel, Southampton. Airships alive or dead December 8, Chartered Insitutue of Transport meeting, Skyway Hotel, Hayes. Selection and display of navigational information December 10, RIN NI seminar, London. Registration: Nautical Institute. User shipping...
      272 words
    • Article
      Japanese owners hit by Clover's cash crisis
      288 17 JAPANESE owners with about 30 vessels chartered to Clover Trading will be hard-hit as the Danish shipping firm has applied to the Danish trade court for bankruptcy proceedings. Gover Trading, which operated more than 50 chartered vessels, has run into serious financial problems
      288 words
    • Article
      Lock icon Rig-safety code
      156 17 Reuter OFFSHORE oil-rig accidents claim 250 to 500 lives annually. t The International Labour Organisation (ILO) in unveiling a rig-safety code said offshore drilling is growing fast and cited a British estimate that deaths in offshore-rig accidents were 10 times greater than in coal mining, one of the
      Reuter  -  156 words
    • Article
      Lock icon LISBON PORT EXPANSION UNDERWAY
      816 17 Reuter THE PORT of Lisbon is expanding and modernising with the aim of becoming a new gateway for Western Europe's world trade. Last year it handled 14.1 million tonnes of cargo about 60 per cent of Portugal's total external trade but new installations are being built
      Reuter  -  816 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1556 22 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
      1,556 words
    • Article
      The Consortia
      199 22 THE MAJOR shipping consortia operating between the \'l Far East/Europe, Far East/Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAB EAST/EUROPE): Franco Belgian Services. "K" Line. v Korean Shipping Corporation. >r Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National
      199 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      222 15 PIL GROUP REGULAR container feeder SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-?m^ E H, SERVICE FOR THE PERSIAN gulf and red sea ports. Sm Paga V I \RDIM iv h v I \H Orient Overseas Co4iicuHeA Line fully contmgused service to 16/12 17/12 23/12 24/12 E 3/1 5/1
      222 words
    • Advertisement
      Page 15 Advertisements Column 2
      191 15 OSEALORDO t UASC UNITED ARAB SHIPPING COiSAG) ARABIAN GULF EXPRESS MULTI PURPOSE SERVICES It/12 Mm Qaboos (2//12) II ***** »ik|A (Ww 2i/i2 27/12 Damnum (8/1), Kuwait (11/1). Shuaba (14/1). Doha (17/1). Abu Dhabi (20/1). Dwba. (23/1) Kuwait (15/1), SJwaiba (11/1), oammam (21/1). Data (24/1). Bahrain (27/1). Atw Dhabi (30/1). Dubai
      191 words
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      Page 15 Advertisements Column 3
      14 15 H CONTAINER Schedules SHIPS In Port LONDON Freights SHIPPING Events SHIPPING Schedule REGIONAL Weather
      14 words
    • Advertisement
      Page 15 Advertisements Column 4
      424 15 1 OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES IX): UA PACIFIC. GULF, ATLANTIC, EAST CANADA. ASIAN PORTS 335E2ZZ3C 14-15/12 21-22/12 21-25/12 4-5/1 11-12/1 11-19/1 L-'dmsgrrrs? i-s'w-w io/I
      424 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      1061 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MiSC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE CeMaMir Serwce Feeder »P Kctant Vessel Spore 1) MseiUes 2) Rdam J) H burj 4) Gbucj 6 DAHLIA SaM OELFT M Port
      1,061 words
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      Page 16 Advertisements Column 2
      182 16 883 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA TO: PANAMA US ATLANTIC EAST CANADA US GULF TO: CALIFORNIA VENEZUELA EXPRESS CONTAINER SERVICE NJO ACCtPTK MI T« Mart* Dm (Mm*. IMhMLa faptot TO: VENEZUELA CARIBBEAN, ran or m mm laba wk mmaim. iw. TO: VANCOUVER US PACIFIC COAST VENEZUELA
      182 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      686 17 The Straits Steamship Group OCL Overseas Containers Limited fcONTAINERSHIP SERVICE TO UK CONTINENT CMjea Iran M/ 12 M/l •2/1 M/l M/l 11/1 M/l 12/1 17/1 1»/1 24/1 21/1 25/1 27/1 2/2 4/3 M/ 2 M/ 2 M/ 2 11/2 UHm lU. M/l *7/1 07/1 31/12 14/1 M/l 15/1 17/1 22/1
      686 words
    • Advertisement
      Page 17 Advertisements Column 2
      366 17 Franco B&luion Services Mm •yy. --yr.-v-.,-, a WEVOK P. SLABS likwi I tan KW| IHm I'm* mamma m kM xo« 27 0k 3ii*c ttm «i** rmm MX COBCOB 11 fee 17 Ok 38 Dk 11m 5 lai (In •la tCTfIM I acwtxi ru if Ok 17 ok 4tm si» 9*■
      366 words
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  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      574 18 Hapag-Lloyd TO NORTH EUROPE C*T !M»|» Lartsßaj Hmfkeng Eiprets Teka Eiprets Also accepting tianshioment cargo lor CARIBfIEAN MIST INDIES via Hamburg TO IffMTEHKHA TW HK I S porf P Mini Genoa Tn that Bbnc Man 30/U 2/12 Sa.l«l I" Port 24/12 30 HMuta Hani I 11/12 12/12 30/12 5 Metterrama
      574 words
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      Page 18 Advertisements Column 2
      407 18 KOREA SHIPPING CORPORATION STORE P. Kelang PfNANG ALTAR 170 C Sid Sid In Port TO BUSAN ALTAR 169# Sid Sid In Port FROM BUSAN BANGKOK VEGA 167* 21-23 Dec 24-26 Dec 27-29 Dec FROM BUSAN BANGKOK VEGA 16ft 21-23 Dec 24-26 Dec 27-29 Dec TO BUSAN use use use use
      407 words
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      Page 18 Advertisements Column 3
      593 18 EVERGREEN LINE r FAR EAST/EUROPE CONTAINER SERVICE ACCEPHNG FCL LCI CARGO FOR f ib. SHE "f** l AaMarta. Mnr» 1* Htmt IwiS' */i? 4/W ji" 1 W" U/.1 22/01 im «/w T/» T/W i£ ALSO ACCEPTING CARGO FOR: UWTED KINGDOM SWWAWTON. LONDON. MANCHESTER, B*MINGHAM BRISTOL, LIVERPOOL GLASGOW. LEEDS ETC NEST
      593 words
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      Page 18 Advertisements Column 4
      955 18 Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON HTMTMmM INI3U/>DK It/14 Doc —•HUB 12/1J Dec fHASMKSYAimiA 12/14 OK MSM H/ii Ok BFSSC Ag«nf» m BOUSTEAD SHPPHG TEL NOS KL *****4/*****7 —PKELANG *****1/8 PENANG *****1/8 CXSCHARONG ONLY Camp*** Arpontine 0* NimW lnftteamwoMal S.A.C.I.P. "ARGENTINE NATIONAL LINE" LOADMG FOR
      955 words
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      Page 18 Advertisements Column 5
      458 18 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE KTOTENIIMU KAMAXURA 11-14/12 MM 19-17/12 OMB QflM 17-11/12 PAZ ESTKILA 1H 7/12 BANC KHUTKOM 19-20/12 KTOSOMMU 22 23/12 TABHO MAJtU K-27/12 worn sowpok oean stwrm t cntuwuu pie itp m a*iU4/7122*1371 KUALA IUMUt EAST ASM SMPPMG LID m 4(4(44 4(4751
      458 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      1058 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) vessel 19W/20E 21W/22E 23W/24E S PORE COLOMBO I HODEIDAH I JEDDAH I AQABA I COLOMBO I S PORE 7-8/1 T\ ii-14/1 5-I-M/1 TZi 11-12/2 19-20/2 22-23/2 25-26/2 »-»/3 18-18/3 26-27/3 26-30/3 1-2/4 12-13/4 30-1/S PSiMI 6-7/2 13-14/3
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      Page 19 Advertisements Column 2
      772 19 BEN LINE CONTAINERS EXPRESS CONTAfO SERVICE TO/FROM EUROPE HOW MO*. MBURG B'HAVIH D IMM HAVW SOION i* Hummji Austria Bratu France UUR P ManfS port Far r«to E«rm 11/U 12/12 14/12 IS/12 17/U S/l to Pari l/U MR 12/12 14/12 >«. vm 21/12 Jf* 22/12 m vm 21/12 11/12 HR.
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      Page 19 Advertisements Column 3
      542 19 I I M m m it* Scan Dutch 9 WEEKLY EXPRESS CONTAINER EP/UK/hoscaw SERVICE out* SM I PWAGA io/i2 MUM IC/12 > KMC* 25/12 I OMCM l/l I KMC* |/1 ONtM 15/1 I Ft IMCA 22/1 r««t i)iTH«K?>r«N))M-ta>i«>Ctar| 23/12 VII 2 1/1 21/12 1/2 2/2 4/2 i/2 on n/t I
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      Page 19 Advertisements Column 4
      408 19 »s-3, BOUSTEAD SHIPPING AGENCIES LINE SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) SPORE R'DAM HULL HMBG CORABANK 20 Dec 14 ion 18 ion 21 ion SANTA FE 3JW, 29 ion 7 Fob 3 Fob (Deep Tonk Spoce Available) Lykes Lines U.S. WEST COAST SERVICE ('New Orleans Mobile Houston. Galveston) NIGERIAN NATIONAL
      408 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      578 20 ■TOM* MRU ~sa vaa oa 5m.... (FCL containers only) 24/1 27/1 1/2 vru. containers omyj AFRICA (Conventional service but occepting containers} Singapore Ttr Lajos/Apapa Pt Harcourt lone, AMpfl. BOU NAM! Vl4 15-16/12 Oouaia. Mata*. *x m n> t/s mfmm ft 10-11/ l Maarawa/Twia *ia Aix)|in also L'wle/ P Gcntile/P (tare
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      Page 20 Advertisements Column 2
      509 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS COHTAMER/REEFER SERVICE iM*t ios mous. w fimcbco. s«mf mm. maun, it Accnptaf Fa/Fa C«nta*Mn f W»c Support I ftflfcm "»«sm MtK 2JD« If lm AUSTRALIA EXPRESS CONTAINER SERVICE Acc«M« Fa/Fa Contannn JAPAN SERVICE f Ww| Singapore I Ok l«*l tar Mn. TtMana. »(ov>. o«*t. Mm
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      Page 20 Advertisements Column 3
      446 20 3 (iroup SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINES) GENERAL *****1 114 L INE SI TERMINAL Office *****83 TELEX RS ***** RS ***** A B CARSHIP CABLE CARGOSMIP maaaa! Container Linos 2 SAILINGS A WEEK to/from BANGKOK «or STOW SUA SM MM
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      Page 20 Advertisements Column 4
      594 20 KORINS MARITIME SERVICES K Room 601 ICB Building, Shenton Way Singapore Tel *****22 *****67 PKelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES BUNGA VMM. A VESSEL P. Kiting Loadng For Band* Abbas/B Khomeri 5 Jan tabai/Muscat/Batvain HAN ML.. HAN BOM. Hyundae Shipping Co. Ijd. S pore P. Ketone Loadng fir: Dec
      594 words
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      Page 20 Advertisements Column 5
      512 20 > f iur»umy t unrmwri o, INTRASEA (PTE) LTD. Suite 2616. International Pla.'a Ansor ha Singapore 0207 Tel *****11 dOLinesi BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE ANANffI. MKHT Wll9 MdA/tamat/ITseles/ CAPELU NBI2O. 9 J. f Also accoptinf Contamn to Boinit/Tripoi/latafcia/TartoM/ Wwmdni/Bj^dul FULL CONTAINER EAST BOUND SERVICE FULL
      512 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      791 21 NEPTUNE ORIENT LINES LTI FAR EAST/EUROPE FULLY CONTAINERISED SERVICE ACf Consortu TO EUROPE/UK (VIA SUEZ): P. Kelanj Havre In Port 9C/1' F'stowe H*bur| on MI tt 2 HK CONTAINER 28* A I C PAUL 29W C RO2E 27W SS BRDGE 34* MERCATOR 25 W.— K CHANCE 6W Also accepting cargo
      791 words
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      Page 21 Advertisements Column 2
      577 21 MALDIVE LINES MALDIVE PEACE Loading For Jeddah MALDIVE UNITY Loading for Alexandria MALDIVE CHEST Loading For Male MALDIVE NOBLE Loading For Muscat/ Dubai/Dammam MALDIVE PMX Loading For Rangoon MALDIVE PIONEER Loading For Port Said/Latakia MALDIVE STAR Loading For Hodeidah/ Bahrain/Kuwait ETA ETA ETA SPORE KUANTAN PORT 18/12 LOADING 3/12 10/12
      577 words
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      Page 21 Advertisements Column 3
      774 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lues) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KEIANG M/S SHAWMT WAN SOON SON SK> IST AND ?NO FlOOfi NO I JAIAN CfMPf NtHG POUT KLANG
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      Page 21 Advertisements Column 4
      60 21 PEACE LINE cj i T > :>y 111 Ji > >i :<: i n EXPRESS TO BINTULU WO LONG MTU (Ml 1M) nj It 14.U «1 SICE LOME MTV (Ml IMS) wr 17 M IMI Acceptaf heavy Wt 14) to 30 torn carfo tar urabuber at Jalal Godown Agents: JAMB
      60 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      255 22 Are you making fuN use of the Shipping Times as an effective selling medium? Tel. *****44, Extension 351 or 367 Times Centre 1, New Industrial Road Singapore 1953. For further enquiries call: Shipping Times Tel: *****2 Ext. 38 0c39 Financial Publications sdn Bhd 31, Jalan Riong, KL 22-03 EGYPTIAN INTERNATIONAL
      255 words
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      Page 22 Advertisements Column 2
      224 22 K I>INE KINKAI l.~i! >. Wl< »'»i JAPAN/STRAITS/JAPAN Fully Containerised Service I°?*° *2* Spofe Pen p HHamS'pwe Tokyo Kobe mmnmm su sm 12/12 14/12 15/12 m*s 25/12 K/12 ■HMVVI3 11/12 13/12 23/12 24/12 2S/12 27/12 J/1 11/1 1»/12 22/12 2/1 */l 5/1 «/l i«/l 21/1 (NOTL MOMMY ft K POEER
      224 words
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      Page 22 Advertisements Column 3
      196 22 TL (AN Saudi Flog Vmml) SH PK PNG Lootfng for--15/12 mtta, M. KmcM (b--25/12 N/12 VW, Vmm. M. (««M (b--m- raw niMKU 414M4/414JN TRANSTIMBER LINE BULK TIMBER SERVICE ICE MACK LINE eOCEANUS SHIPPING AGENCY PTE LTD 63A Ist flow Ansoo On.re Swijapoff 0?07 in os*i ifi v:«>" 7 ib j
      196 words
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      Page 22 Advertisements Column 4
      216 22 JOHORE SHIPPING U*C jAI fIN T E*C>Kll BADAR POP" "f.ASG v/ 5 Sf L ANGOP MAI AVSIA VI HAJSHIPPING 1, t *m SDN. BERHAD Unrttoad Service from P. Mar* fast ttatoyaa Bnm (Accept*/ cargo tor mine* Ho 3 (Sot* tort) BINTULU CONTRACTORS SDN. BERHAD ■aA tadkL InM M S77U/2CSM bpm
      216 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      168 22 o} M Regional Weather m m fi Wi £<r yfivi/ Vfi re 'i H 9 Kk oor I r. c yA a wi Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7.90 A.M. THIS MORNING. LEGEND: R Thunder star 111 Temperature °C y Shower
      168 words