The Business Times, 21 January 1982

Total Pages: 26
1 26 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 93/1/82 THURSDAY, JANUARY 21,1582 60 CENTS
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  • 606 1  -  By RICHARD SEAH YOUNG Singaporeans want high paying jobs, but they also feel that the job content is very important. Prospects of promotion and job security also rank high on their priority list, so do medical benefits. On the other hand, they
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  • 386 1  -  By LEE YOKE MENG THE SECOND phase of the Central Provident Fund's private housing loan scheme has got off to a very good start in spite of the downturn in the property market. Some 1,751 application forms have been issued since the start of the
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  • 578 1 THE future of the Federal Reserve Board chairman, Paul Volcker, is in doubt following criticism of the board's policy by US President Reagan yesterday. Mr Reagan took a neutral stand when asked if Mr Volcker should resign. "I can't respond to that because the
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  • 334 1 Reuter INDONESIA, faced with a possible decline in oil exports, has announced new regulations to boost exports of non-oil products and to guarantee state income. Among the most important decisions is the abolition of foreign exchange controls, enabling exporters to use freely their earned
    Reuter  -  334 words
  • BRIEFLY...
    • 88 1 Reuter LONDON, Wed. Britain introduced surveillance licensing on bed linen and household linen imports from Malaysia, the Philippines, Singapore and Thailand. The Department of Trade said in a statement that from yesterday, such goods consigned from outside the EEC may be imported into the UK only under an
      Reuter  -  88 words
    • 76 1 Reuter FRANKFURT, Wed. West German banks have put off a final decision on whether to lend the Soviet Union 300 million marks (US$l3O million) to help finance a pipeline that will bring natural gas from Siberia to Western Europe. A meeting of the banks yesterday ended
      Reuter  -  76 words
    • 60 1 AFP PARIS, Wed. The five main producers of video equipment have agreed to eight millimetre standardisation, Philips said here today. Hitachi, JVC, Matshita and Sony of Japan, plus Philips, signed an agreement covering the production of 8 mm cameras and cassettes. The Bmm magnetic tape video system can
      AFP  -  60 words
    • 62 1 UPI TOKYO, Wed. The Japanese chemical tanker strafed by Philippine warplanes off southern Philip- pines last Friday did not carry weapons, the Maritime Safety Agency reported today. A team of 24 investigators from the agency searched the 5,307-tan tanker, Hegg, today, but no weapons were found in the
      UPI  -  62 words
    • 54 1 AFP KUALA LUMPUR, Wed. Malaysian Airline System hopes to begin an air service between Kuala Lumpur and Bandar Seri Begawan in Brunei soon. Its general manager Mr Saw Huat Lye said today that this was to reciprocate the twice-weekly service between the two capitals being operated by
      AFP  -  54 words
    • 65 1 Reuter STRASBOURG, Wed The new president of the European parliament, Dutch socialist Pieter Dankert, today called for the assembly to become a real force in forming European Economic Community (EEC) legislation. In his first policy speech to the 434-member assembly, Mr Dankert also attacked EEC ministers for
      Reuter  -  65 words
    • 64 1 AP JAKARTA, Wed.— Strong winds which hit the island of Bali's Regency of Tabanan on Sunday killed two persons and damaged several hundred houses, the Antara News Agency said today. Both casualties were caused by falling trees. The typhoon also destroyed about 90 per cent of
      AP  -  64 words
  • 281 1 THE GOVERNMENT-ewaed Be—arccs Devetepmeat Carp*rsttea (ROC) Is sfferlag Its eeatraeten aad these ■adertaklag PWD asd Parks aad Recreattoa Department prsjecto sa eqalpmeat Insslsg scheme. IMs taelllty, which was latradaeed but meath, will prevlde sddltlsaal flezlMllty far esatraetsrs whs at peeeeat de ast wish
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  • 442 1  -  By FLORENCE CHONG SINGAPORE investors are unlikely to be affected by the Australian government's move to tighten rules on foreign investments in mineral processing and land, particularly in rural areas. This is because their main interests lie in urban land and buildings rather than
    442 words
  • Page 1 Advertisements
    • 213 1 T!T 77T? Times Bookshops Leader...page 8 SEMBAWANG Shipyard has proposed a bonus issue in conjunction with its final report for the year ended Dec 1981. Page if SARAWAK Motor Industries has over the past year diversified into other activities Page 15 NOMURA Securities, Japan's largest securitites house, wants to become
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    • 36 1 Diners Club. i'iinfflS by Singapore's best hotels and restaurants since 1961. Ffeople think highly of a liners Qub number. < all SdJ)4 4«£<£:i t< n\< >nr I )iik"i> < 1111 aj>[ilii at 11 <ii mil 1 m la\
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  • BANKING AND FINANCE
    • 679 2 Reuter ASIAN borrowers should find the terms they get on large syndicated loans this year beginning to bottom out after rapid falls in pricing last year. Bankers in Hongkong say international banks should remain active in an area which still promises to be world
      Reuter  -  679 words
    • 465 2 Reuter THE US insurance industry is expected to post generally flat income this year compared with year ago levels. Analysts said continuing price competition among underwriters and concern about the direction of interest rates will keep earnings very much in line with 1961. "This year will
      Reuter  -  465 words
    • 226 2 QBE Insurance Group is planning a major thrust into the South-east Asian market in a bid to increase its international business, said group managing director John Cloney in Singapore yesterday. The group is one of Australia's largest general insurers, with origins dating
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    • 62 2 THE Chartered Bank and Hongkong and Shanghai Banking Corporation have reduced their prime lending rates by V• point each to 11 V« per cent from today. A third foreign bank, National Westminster Bank, cut its prime rate by V< point to 10.5 per cent, the third
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    • 533 2 Reuter THE Bundesbank will probably continue to supply short-term liquidity to maintain call money rates at the easier levels which it has itself engineered, money market dealers and economists said. But, partly in view of the current weakness of the deutschemark, rising US interest rates
      Reuter  -  533 words
    • 340 2 Reuter AUSTRIA will probably take part in negotiations on re-scheduling Poland's 1962 debt even if Nato countries do not, the Finance Ministry said. Last week Nato foreign ministers decided to suspend negotiations on the debt repayments and not to extend further commercial credits
      Reuter  -  340 words
    • 277 2 AFP THE suspension of American stockpile sales of silver last month will accelerate the recovery in world silver, the London analysts Metals and Minerals Research Services said on Tuesday. In the latest review, the analysts estimated that the decision to suspend stockpile sales until
      AFP  -  277 words
    • 133 2 Reuter BANK Negara Malaysia said its gold and foreign exchange reserves rose to M 59.17 billion at endDecember from 18.84 billion at mid-December and 18.66 billion at end-Novem-ber. However, the central bank's fortnightly balance sheet dropped to $11.70 billion on Dec 31 from 112.22
      Reuter  -  133 words
    • 112 2 Reuter BAHRAIN International Bank has processed about US$2.5 billion of applications for the $28 million of shares it is offering, a bank spokesman said. The total will more than double when all applications are processed. The offering, which closed last Sunday, was open to nationals of Kuwait, Qatar,
      Reuter  -  112 words
    • MONEY AND EXCHANGES
      • 447 2 THE US dollar generally weakened against major currencies on the foreign exchange market yesterday. Against the Japanese yen, the US unit opened at 225.60/80 and was traded up to 226.30/40 during mid-day. However, it fell to 224.70/90 when the Governor of the Bank of Japan pledged to support
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      • 196 2 THE dolla/ lOr overnight delivery in iHtyo yesterday closed easier at 225.45 yen, pompared with a 225.60 opening in Tokyo and 225 35/50 New York close, dealers said. The closing rate compared with the 224.50 close in Tokyo on Tuesday. Trading was an active $1.58 billion. After early firmness
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      • 22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.46 per cent.
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      • 185 2 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Jan 20: 7 days 1 month 2 months 3 months Smooths months 12 months US Off.r B*i 137/1* 13 5/16 13V, 13* 141/16 13 15/18 14 7/16 14S/16 15 3/16 IS 1/16 15* 15* IS* 15* BwJPrm. Dm. fMllJl.
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      • 44 2 RANGE of price* offered by discount house* on Jan 20: Overnight: JV»* to JVj* Call deposits J'i* CWsiaf Bayiag Selli>( 3-month Treasury bills 2S 2H 3-month Bank bills 7W 7«« 3 months CD 7 8 months CD 8 7H Source: National Discount Co
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      • 40 2 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $120 million 91-day Treasury bills to be issued until Jan 22. Each tender must not be for less than 1250,000.
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      • 237 2 SINGAPORE gold futures yesterday closed slightly lower between US$3.5O and $5.00 an ounce in quiet trading with the unexpected 13.3 per cent December rise in US housing starts coupled with concern about higher US interest rates contributing to sentiment. Total sales for the day was recorded at 118 lots
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      • 31 2 Twa Um New York 7.80B unav 7.87S Zurich 7.85B 7.BS WmA Singapore WM 7.77B Tm 7.92S Qodng price* In US dollars a troy ounci i. Source: Credit Suisse, S'pore.
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      • 197 2 THE US dollar in Hongkong yesterday eased against most major currencies in fairly active, late trading. The dollar softened towards the close after an initial steady tone, and traders said the preceding rise of the US unit was overdone. The US unit fell to 2.2985/ 95 marks from an
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      • 118 2 THE dollar in London yesterday opened slightly above Tuesday night s close in a very quiet start to trading. Interest rates provided the main source of movements, with the US currency aided by slightly firmer Eurodollar deposit rates on the hack of dearer Fed funds in the US on
        118 words
  • Page 2 Advertisements
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  • TRADE AND INDUSTRY
    • 195 3 COCKPIT Hotel will have a total of 350 rooms when the hotel's extension plans are completed by December 1983. The hotel's owner, Kevin Hotels 3te Ltd, will be spending between 530 million and $32 million on a 168room extension plan. Building works for the extension consisting of
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    • 364 3 BC MICRO, the newly appointed distributor of a Japanese micro computer system, hopes to secure a 25 per cent share of the local personal computer market in spite of keen competition. C Micro, a subsidiary of Business Computers, was formed recently to market
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    • 333 3 CONCORD Watch Company SA of Switzerland has entered into an agreement with Uebermann Overseas Trading Pte Ltd to sell Concord lft carat gold quartz watches in Singapore. The watches will be displayed next month through several leading watch dealers here. Mr Kurt Burki, president
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    • 398 3 SEMINABS AND COURSES Jan 20-April 3: Certificate in Computer Data Processing Module I Computer Programming 6 File Processing, NPB, Feb 1-2S: Industrial Control Module n STI, NPB Feb 1-March 3 (Mondays and Wednesdays): Higher Productivity and Better -£T L~~ Low Cost Way, Bukit Timah Centre, Department of Extra-
      398 words
    • 306 3 CHAMPION MOTORS will open a new showroom/workshop at Alexandra Road. The Inchcape Bhd group, which owns Champion Motors, is believed to have paid about $8.5 million for the building and land. Renovation work is under way at the building, which was formerly owned by Spicers, distributors
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    • 166 3 THE $11 million Telecoms Customer Services Centre located within the grounds of Comcentre will be opened next Thursday. All services formerly available at the Orchard Telephone Exchange (Exeter Road) will be re-located at the new centre. It will offer most of the customer services and facilities offered
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    • 235 3 ESSO Singapore will attempt to process record volumes of crude oil at its Ayer Chawan refinery this year after achieving a record of 197,000 barrels per day last November. Thiw was disclosed by its managing director, Mr Terry Young, in the latest issue of
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    • 477 3  -  By AGNES WEE REAL estate developers have called on the Government to offer a concessionary tax rate of 10 per cent on profits earned on their offshore projects. Mr Daniel Teo, president of the Real Estate Developers Association (Redas), said this is one way the Government
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    • 293 3 SOME 300 workers at Sentosa will be included in the Government's drive to promote work improvement teams (Wits). Yesterday, the first course on Wits was introduced to some 25 department heads of the Sentosa Development Corporation. Heads of the engineering, security, public
      293 words
    • 100 3 THE Japanese government will present Singapore with equipment worth 75 million yen for the promotion of cultural activities and musical education worth 75 million yen. The presentation will be made by the Jananese Ambassador, Mr T Nakajima, this afternoon, to JJf Permanent Secretary to the
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  • Page 3 Advertisements
    • 173 3 -sv| B:3oam From November 1981, you can fty Thai to Bangkok on any of our three super flights. One leaves at 8.30 a.m., the first daily flight to Thailand. You'll reach Bangkok after a magnificent breakfast, with a full day ahead. 3 SUPER FLIGHTS FROM SINGAPORE TO BANGKOK WITH THAI
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  • OVERSEAS
    • 645 4 AP THE JAPANESE government will "suspend or stop" new trade agreements with the Soviet Union to protest against the Kremlin's role in Poland. Shintaro Abe, Japan's Minister of International Trade and Industry, said in New York on Tuesday that his government supported
      AP  -  645 words
    • 515 4 Reuter, AP TRADE friction between Japan and Western countries is bound to be aggravated if Japan only achieves 3 per cent real fiscal 1982 growth, Isamu Miyazaki, former deputy directorgeneral of the Economic Planning Agency, said. Such a growth rate reflected a
      Reuter,; AP  -  515 words
    • 309 4 AFP HONGKONG Trade Commissioner Peter Tsao has moved to quel] fears that Jobs would be lost in Britain if companies there set up industrial plants in the British colony. Briefing members of a trade mission from Britain on the industrial scene in
      AFP  -  309 words
    • 406 4 UPI CHINA appears to be taking a softer line on US arms sales to Taiwan, hinting that Sino-American relations will not have to be downgraded. A ranking official of the Chinese Foreign Ministry met European Journalists on Monday on the
      UPI  -  406 words
    • 296 4 Reuter FRENCH Finance Minister Jacques Delors declined comment on a Tuesday report in the daily Le Monde which said the government had decided on new terms for compensating shareholders of nationalised companies. He told a press lunch he was reserving his comments for yesterday's Cabinet
      Reuter  -  296 words
    • 533 4 UPI, AP WORLDWIDE crude oil production rose in October, primarily because Saudi Arabia Increased its output by 400,000 barrels a day. Global oil production climbed to 54.17 million barrels a day in October from 53.68 million barrels a day in September, according to Houston-based Petroleum
      UPI,; AP  -  533 words
    • 250 4 Reuter INDIAN Finance Minister Pranab Mukherfee has conveyed to World Bank president Tom Clausen New Delhi's concern at a proposed reduction in the bank's concessional assistance to India. During a meeting in New Delhi on Tuesday, Mr Mukher)ee said the proposed cut in the pledged assistance
      Reuter  -  250 words
    • 508 4 Reuter PRESIDENT Suharto yesterday inaugurated Asia's biggest and arguably most controversial Japanese foreign aid project, the giant Asahan hydroelectric and aluminium smelting complex. The cost of the now US$2 billion scheme on the island of Sumatra has doubled since the Japanese government and a consortium
      Reuter  -  508 words
    • 315 4 UPI SOME 12 million Indian workers returned to work yesterday, ending the first nationwide walkout condemning the government's "anti-working class" policies but with leaders admitting to limited success In the strike which left 10 people dead. The workers, demanding the right to strike and an end
      UPI  -  315 words
    • 781 4 ARRIVALS Service Local Operator Nanber Tim Fron PAA PA005 0220 NYC/SPO/AHA/HKG MAS MH601 0700 KUL SU son 0740 MAA SLA SQ101 0845 KUL MAS MH811 0M5 PEN MAS MH671 0915 KUL RBA BI421 0955 BWN MAS MH651 1000 PEN/KUL MAS MH680 1010 BKI/MYY/KCH SIA SQ201 1030 HLP
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    • 358 5 Reuter AN INDEPENDENT Inquiry released yesterday revealed severe weaknesses and loopholes in new government security measures and controls intended to prevent substitution of horse and kangaroo meat for export beef. The new controls were introduced last September after a scandal over meat substitution broke out when
      Reuter  -  358 words
    • 411 5 AFP INDONESIA is rebuilding it» air force paralysed by the grounding of most of its Russian-made aircraft due to a shortage of spare parts with new war planes arriving in Jakarta this month from several Western countries. The Indonesian air force, the most powerful in
      AFP  -  411 words
    • 312 5 AFP PRESIDENT Suharto has made it clear that he will issue a decree to cope with irregularities of credit repayments in the face of the government's failure to recover huge agricultural credits. The credits amount to some 115.3 billion rupiahs (about US$lB5 million), of
      AFP  -  312 words
    • 139 5 UPI ASIAN nations will push for the establishment of an Asian food bank to offset incidents of famine when the United Nations Economic and Social Commission for Asia and the Pacific (Escap) meets in Thailand in March, Escap secretarygeneral SANS Kibia
      UPI  -  139 words
    • WORLD IN BRIEF
      • 439 5 Agencies SPOKESMEN for Toyota Motor Co Ltd and Toyota Motor Sales Co Ltd denied a Japanese newspaper repot that the companies had agreed to merge by Oct 1 this year. They said the companies are not considering any merger or studying such a plan at present. NET puefeMM
        Agencies  -  439 words
    • 176 5 OFFICERS from th* Malaysian National Bureau of Investigation (NBI) yesterdday detained four senior customs officers at the north port of Port Klang for allegedly accepting bribes from forwarding agents. The NBI officers who were keeping close watch at the busy north port terminal, where
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    • 93 5 Reuter THAI Commerce Minister Punnamee Punnasri said Thailand's rice exports this year would reach 3.5 million tonnes with China, Malaysia and Indonesia, among the prominent buyers. He said Indonesia has decided to buy 30,000 tonnes of glutinous rice. The Indonesian Minister for Cooperatives and Trade Bustanil Arafin
      Reuter  -  93 words
    • 441 5 Reuter THE THREAT of a strike by British coal miners was virtually lifted on Tuesday when Arthur Scargill, their new left-wing leader, conceded he had failed to win enough support for a walkout. He said unofficial returns from a ballot of 250,000 miners showed most
      Reuter  -  441 words
    • 233 5 Reuter PETROLEUM exploration in Australia is scheduled to double in 1982 in terms of the number of wells planned, Australian Petroleum Exploration Association (APEA) executive director Kdth Orchison said. A total 308 new wells are scheduled for the year costing US$B4B million against 149 wells
      Reuter  -  233 words
    • 226 5 UPI A JAPANESE carmaker hopes the fruity smelling fumes coining out of the cars and motorbikes on its test track yesterday foreshadow a day when drivers will pull up to petrol stations and say: Pill it up with tangerine, please. Vehicles made by Suzuki Motor Co tested
      UPI  -  226 words
    • 308 5 AP RECORD high temperatures burned off the chill of a record cold week but left Atlanta Georgia's huge airport socked in with fog early yesterday after the Siberian Express, a bitter cold wave blamed for 300 deaths, chugged out of the south. A storm
      AP  -  308 words
    • 265 5 UPI TANDY Corporation's latest entry Into the computer field, billed as the world's most powerful self-contain-ed microcomputer, will cement the giant electronic company's grip on more than a fourth of the booming microcomputer industry, company officials said. "We feel this is a major breakthrough, a big Jump
      UPI  -  265 words
    • 141 5 Reuter A NEW Chief Minister yesterday took over in the west Indian state of Maharashtra following last week's resignation of one of Prime Minister Indira Gandhi's top supporters. Mr Barasheb Anantrao Bhosale, Law Minister in the outgoing state government, was sworn in as
      Reuter  -  141 words
    • 415 5 NYT THE US Federal energy regulatory commission has begun a study of whether the agency itself should raise the price of certain categories of natural gas, including "old" gas, from wells drilled before 1977, and whether it has the authority to do so.
      NYT  -  415 words
    • 204 5 UPI NEW apartment buildings pulled the pace of construction up by 13.3 per cent in December, but 1981 turned out to be the worst year for total housing starts since 1946, the US Commerce Department said on Tuesday. Privately owned housing units reached a seasonally adjusted annual
      UPI  -  204 words
  • Page 4 Advertisements
    • 36 4 4 r k 4 H d A" ,t i U>tCIAL Ojll .i Ml m 7 V V >- >Ci> tl an<^"'7C" n fa!' f lit In fXive hi (if this >'* r( r, a 0 ,h Eastern Agencies
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  • Page 5 Advertisements
    • 179 5 Hoechst research so that thev mav know our colourful world. Reading and learning from books, newspapers and magazines is so much more fun when they are presented in colour. Hoechst researchers have contributed decisively towards making them interesting and attractive. Here in Singapore, Hoechst have been supplying colour pigments for
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  • Page 6 Advertisements
    • 34 6 IPS TIME FOR SMGAPORFS SUCCESS STORY. I IS§BI v**"-*' !*IiTI w v' 4&* i" V Prim Fffmejllmster lee Kaan Yew i Read about it this week. TIME The news magazine for the internationally minded.
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  • RAW MATERIALS
    • 216 7 RUBBER prices in Singapore yesterday closed slightly higher with February One RSS buyers quoted at 185.00 cents per kilo, up 4.50 cents from Tuesday's close. Morning prices were marked up slightly on steady London advices and higher after close levels coupled with fresh buying interest. Afternoon prices gained some
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    • 307 7 RAS prices In cent* per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 180.00 181.00N Int. 1 RS.S February 181.00 182.50 Int. 1 RS.S. March 186.00 187.00 1st 2 R S.S 168.00 171.0QN UK/Coot 168.00 170.0QN Int. 3 R.S.S. 166.00 168.00N UK/Coot 163.00 1C5.00N
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    • 94 7 NOON 8BR ud 8MR pno> ym ■Urdiy 1A1 SSRM SSR60 (1-ton pallet) (1-ton pdlat) hbmn ICunit Mtk) Bny era Snllere 166-60 167.60N 162.60 164.50N March 1 Forward Mth) Bayer* Sailer* 167.50 168S0N 164.60 166 SON MMI» rthwn March SMRCV SMRL SMR SMR CP SMR 10 (1-ton pallet)
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    • 66 7 THE STRAITS tin price In Penang yesterday dropped 89 cents to Ms34.lf n kilo, remaining within the IT A middle sector price range of $32.M to $34.98. Dealers noted strong influential bnyer support at the lower level and also some light demand from foreign and local interests. Turnover
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    • 35 7 Rubber: Jan 20 Singapore: Feb: 185.00 cents (up 4.50 cent a) Malaysia: Feb: 209.50 cents (up 3.50 cents) Tin: M 534.10 per kilo (down 80 cents) Official offering: 246 tonnes (up 11 tonnes)
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    • 169 7 SOYBEAN futures in Chicago on Tuesday closed on or near the lows, down UV« to 6V4 US cents per bushel in light trade. After opening lower on scattered commission house long liquidation in sympathy with weakness in CBT grains, soybeans recovered slightly on steady buying of March by the
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    • 913 7 COFFEE: Robusta futures yesterday were steady at midday with prices £7 to £5 a tonne up on Tuesday's close in actively traded positions. Dealers said weaker sterling against the US dollar aided sentiment, while a few buy orders also supported prices in thin and featureless trading. Dealers noted
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    • 111 7 THE Kuala Lumpur palm oil market yesterday closed steady in quiet trading in front of the Chinese New Year, dealers said. South in January remained at MJ94O a tonne while central gained $2.50 to $927.50. The refined market continued featureless on lack of overseas interest. C.I.P. North European
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    • 454 7 Reuter STABILISATION of the gold price at around US$4OO per ounce appears possible, Mr Werner Knies, Precious Metals assistant general manager at Degussa AG said. Writing in Metall Magazine, he said investment and speculation in gold depend largely on the success
      Reuter  -  454 words
    • 334 7 Reuter WORLD RAPESEED crushings, excluding China, are likely to fall by 700,000 tonnes or 11 per cent to 8.2 million tonnes in the January/September 1982 period from a year earlier, the Hamburg-based weekly publication Oil World s&ld. This will create a gap of 260,000
      Reuter  -  334 words
    • 173 7 CHINESE Pwfcw Exehaage, per 1M kg'yeeteriay. Cnml «11: Bulk fob $100 00 sellers, old drum (In second hand drum) fob (112.00 sellers, new drum fob $116.00 sellers. Capra: Mixed (loose) <50.00 buyers. Pepper: Muntok white pepper fob Asta NLW $370.00 sellers, Sarawak white pepper faq fob NLW $365.00
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    • 239 7 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.05, 100 per cent third class 1.03, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.70, Special
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    • 206 7 WHEAT futures in Chicago on Tuesday closed just off the lows, down 8% to 4V4 US cents per bushel in moderately light trade. A reduction of estimated 1981/82 wheat exports by the USDA on Monday weighed on values all session, traders said. Local sell-stops at various chart points added
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    • 973 7 AP, Reuter BOLIVIA led seven producer countries on Tuesday in demanding an 8.5 per cent rise in the buffer stock range of the 29-nation International Tin Council. The producer request followed last October's council decision at a meeting in Kuala Lumpur to raise
      AP,; Reuter  -  973 words
    • 262 7 Reuter INDIA WILL play host to a conference of tea producing countries in New Delhi next month in a bid to bring about an agreement on a UN draft on quotas and auctioning system. An Indian Commerce Ministry official said 20 producing countries had been
      Reuter  -  262 words
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    • 56 7 M mmm i i m I m MS ft ft/ I J-'"-/ ■/"///>'/MSUjj/i' •/./>«/ 3k. i A f i H it 4l r i < a < i v X ,v m m m m ■r Black 4 \m% White Be T I 1 i I 1 CK&WHITE PREMIUM-THE SCOTCH
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  • 421 8 "A HIGH paying job" sounds like the obvious answer anyone would give when asked what kind of a job he or she is looking for. Young Singaporeans seem no different. For a few dollars more, few will hesitate t<* job hop. Yet the observation
    421 words
  • 311 8 TELEVISION creates many problems for parents, teachers and the Education Ministry or so it has often been said. For television has, through the years, infiltrated our lives so successfully that many of us undoubtedly qualify for that silly little title the square-eyed Singaporean. "Glued to
    311 words
  • 1913 8  -  PROBLEMS OF RECIPROCITY AND EXPERTISE Nomura Securities, Japan's largest securities house, wants to become the world's biggest diversified financial institution. Some critics wonder if it is versatile enough to realise all its ambitions. Also it may find further growth difficult in some markets because of Japan's unwelcoming
    FT  -  1,913 words
  • 680 8  -  FOBUH with PETER BARNARD THE Great British Weather Disaster, an annual spectacular starring snowploughs, shovels and unprecedented absenteeism, is playing to full houses there is nowhere else to go all over the country just now. Obscure meteorologists are being dragged into television studios where, armed with maps,
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  • Page 8 Miscellaneous
    • 638 8 TWO-IN-ONE CBOSSWORD CRYPTIC PUZZLE ACROSS 1 Funny bow wild he is! (5) 6 He uses his beef too much (5) 9 Young animal always let out (7) 10 Cried for sotpe time, but not all day (5) 11 A very good satin weaver (5) 12 One course changed in a
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    • 39 8 -this is gun v Fwnes. rax DOCS RN eL£.PHPvNT PfMNT -thc sou 3 of his Fcer GUcgjg o ,Tv4Ftf IS NOO, ISN'T rr. sristooj MO COfc. BWSTOu) \S ON MOUOP<V FoR TUXD U>OEXS.... IN TMPCT case—- oufc ORDee Nora6ei?.
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    • 654 8 MRWDTO Cowboys and Red Indian^ ONE OF the oemken sf a tearlag reek grtip is Quid's tidrtii aad be hldea uier this ctver to steal atomic Wmb ligredeats ea torigM'a Beyami WeatwarU: Sommd at Terrar (eh i, 1M). Man aai Pam Jeln the tamaltaeas ■■■leal tear peaiag as a press
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  • 1330 9 Focus Japan THE PIE isn't getting any bigger. But the number of diners wanting a slice continues to grow. At least that's the way the situation looks to many of Japan's leading cosmetics makers. "The cosmetics market has matured, and from here on the only
    Focus Japan  -  1,330 words
  • 816 9  -  By FLORENCE CHONG SINGAPORE'S chartered accountants will be relieved to know that the proposed merger between the Institute of Chartered Accountants (ICA) with the larger Australian Society of Accountants (ASA) has fallen through. The proposal to merge the Institute with the Society was supported by
    816 words
  • Page 9 Advertisements
    • 294 9 Worldwide management experience at your fingertips. <v 'V r. FRAIID-the inside threat I. Early-Warning Signs of Fraud The Office 11. How to Keep Purchasing Clean Financial Executive ID. Computer Fraud and Fiction Harvard Business Review IV. What Managers Can Do About Fraud Financial Executive Company Heroes "Managing for Success" Why
      294 words

  • Page 10 Advertisements
    • 105 10 I 9\ja i An Arab and International Association in Banking and Finance. Va y YA c WM %s r f. 1 WE PROVIDE YOUR FINANCIAL NEED IN ASEAN UNION DE BANQUES ARABES ET FRANCAISES-U.B.A.F. SINGAPORE Unit 11.00 The Arcade 11 Collyer Quay Singapore 0104 Telephone: *****67 Telex: RS ***** ÜBAFSN
      105 words

  • Page 11 Advertisements
    • 172 11 Heartiest Congratulations to t .3 Li a t On the official Opening of their Singapore branch office. a HOCK SENG HARDWARE (PTE) LTD We specialize in:- Wide flange beam H bearing Sheet pile Mild Steel Round bar, high tensile deformed bar Mild steel Chequered Boiler Ship plate Others such as
      172 words

  • Page 12 Advertisements
    • 72 12 Heartiest Congratulations to I I On the official Opening of their Singapore branch office. VAN HOUTEN > ifh YEONG SOON CHEONG (PTE) LTD Importers Exporters Rattan Canes Manufacturers ALLIED CHOCOLATE INDUSTRIES LTD. (INCORPORATED IN SINGAPORE) ALLIED COCOA INDUSTRIES PTE. LTD SIANG HONG COMPANY Importers Exporters of Sundry Goods. Mdm. Tan
      72 words

  • 1444 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Aeaa (2.828) (1)
    1,444 words
  • 163 13 KNGAPOBB UNIT TSIOT DUUONDMOT rrai The Q—m tar teO) 3.11 U7 Diamond****' tarJMfl) The Saving! Fund IX 1.34 S'pore Fd(USO) •JO OJB S pore Prog Fund IX 1.43 91 1.15 S pore Sac. Fund 1« 110 (DccXtodar) S'pore Invest Fund 1.10 1.15 D4COOOC BOND UNIT (CnneM prtaae) S
    163 words
  • 2863 13 1981/1982 Hl«k Low Company Last Sale or-Gr-t Div Div Crr Gr*s YTd Net P/E Vol (•000) Day High Low SECTION ON* INDUSTRIAL COMMERCIAL 494 11S 360 312 430 200 470 532* 875 430 248 115 130 150 306 75 300 220 322 231 Acma Alcorn Allied Choc
    2,863 words
  • 1480 13 BID and offer price* officially j listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday. I with the number of shares traded shown in brackets in lots of 1,000 units, unless otherI wise specified. DKDUSTVIAJUS J I>lSl>| (1528) (I) 152 (1) JM i
    1,480 words
  • COMPANY MEETINGS
  • 581 13 TRADING was geaerally «atot at the nhgepom stock market yesterday. Prteee opeaed firmer thaa oversight levels as aaa«e Bayers oamrged la early tradlag. However, there was as rash to Bey as Bmet paatora pretested to wait utll after tke Chlaese New Tear Weak.
    581 words
  • 633 13 THE UPSWING on Tuesday proved to be another flash In the pan and the Kuala Lumpur stock market settled back to a dull and downward drift yesterday. While a fair number of counters firmed towards the lunchbreak from the barely steady start, a withdrawal of
    633 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 65 14 JAM 1* ru ABN JUkoW Ate mtv KM .> «030 03 «tw +u MM _0J AJBlu Aaiotat sr ■H-00 -A3 OH -03 KM +0-1 •o to 01 JO +1 *700 -1 cuud sua +01 Oiv* Drtft 11X00 +0J Don mi •HJ0 +314 11X00 -u MOO iinch SJTiS, M Ototbroc
        65 words
      • 212 14 JAN 10 m CORBB1LLE Atr-Uqukle 486.10 M B 8 N Oerrai* C 8 P (TboatoaCta das Patroiaa COflipAf&lC 210 is •4 rtntocKn CompMtnle uaoaraia Cmllt Fonetor Da Prance Hachatu (Ubralrta) Mar hi no Bull Mtctxtln (B) Parlhu 330 400 TIM m -u -1 -OA -1 Pacblnay Clglna KunlmBnn Phffic
        212 words
      • 88 14 JAN i» m FORWARD MARKET Acae Arfaxl 338 4-1 10M unch Brucui Bru-Lamb TO -1 K2 2 1308 -4 Canpac Cock D» Been 1388 -10 ia ai BM Elcctrobel Ob-Inno-Bm MOO -10 3740 -80 M10 35 On Hobok PatTO 1M0 -fit 2560 -5 4800 uncb I ri.TT lOO +38
        88 words
      • 197 14 JAM 1» Dm A«f T*le funken HJO IJ Akao a.ID +OJ Alii Li ben All* V»r» 1530 00 moo 10 -J BASF BifHT Wbank Baj Vfcanl 132-30 1«1 JO moo 14 Li 2 Btvtr 114J0 OJ BBC 21 COO i|| ffH* m JO OMWUft 230 00 Cham V«rw CommerstK/ik
        197 words
      • 164 14 JAN It Frmca Actloni T ilim Alimjim Br. AJimii— Ra> Brown Bor»ri Br. Ctb* 0*tgj Br. M7 Ma 25C 1070 UH •I -1 uncb ID cib» otic; r c m J Cite Oalf; Rag. Cradlt SuiaM Br M6 uncb in Crodtt Sulaw Ra« IMtnntt Br. Owri* Plachar Br Olotoua
        164 words
      • 98 14 JAM 1» Urt Bartor US bci mm -i« Central* Ord mm -HI Cond Acqua Roma 1M KrMaaia W1M *mo n»t cm mm -m Ovnarmll 144TB 10K Ota MOD -M in ft* am invMt mm ItaicttnanU Ord STHO MM ItalfM HO -1« Uprtll Ord MHO *rnt MadloOanca THH -ISO M
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    • 96 14 JAN If HUM c» SI ♦A Mean at -ft Aifooi* Bint Moot Bank Nov* Scott* Ball an UH uncb -ft •ft -ft (Vw BP Cu Ltd *TH -ft Braacan m •ft Camp Had L*k« Ou Imp Bk 14ft ]7H •ft uaett Cinptc n% •ft Cinpif lni W Carting OKmM
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    • 229 14 tmsm «U 4-1 Pit uneh SIM -a Barlows a**" moo s IW uncb m m 4 Dt Bam Ino Bdcon ■dgar* IWNdl P*d Volk Puglt Wt +100 Otrdlan Olan&nl Hippo Hlvtld uacb Ubtrtj m *15 Ifl M And R Mcc&rthj XattOK rm MB uneh MO uneb on nk BU
      229 words
  • Page 14 Advertisements
    • 210 14 'I i »w Sue, dine and entertain Don't leave home without it. To apply tor the American Express Card Call: *****33 GetawavtoSentosa with family and friends > f > Cost only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50%
      210 words
    • 128 14 For lunch, For dinner. For a richly rewarding experience M J'. ,i' K it!. IV For reservations call *****77 J W I *>ll*k XI M ■■'111 Oil •Si I l| H Q 1910 1922 1934 1946 1968 1970 1982 YEAR OF THE DOG Hyatt Regency® Singapore wishes one and all
      128 words
    • 188 14 ~@^-,']@-[<?>-`"_{}@(^')'<!"?'? mm: r DVIIXIM S K I S T A I K I Before vou flv away to foreign lands, check-in your hag> then seek out the Five Continents Restaurant. Relax in intimate surrounJings and wine and dine on the most superb international cuisine you've c-\er tasted. Lunch 12 ruxm
      188 words
    • 172 14 When you dine, dine Cantonese. If pleasing your palate is achieved only by eating the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage is set for an evening to remember.
      172 words
    • 203 14 18 (onhtadc dhhes. 4* I** ft YuaShang(flawFleh) Pig Trottara wMh Black Mom •WINDFALL EVERYWHERE" Bralaed Abator*with Black Mom "PROSPERTTY GUARANTEED' Stuffed Mushrooms with Maahad Shrimp® "HANDFULOF GOLD" Sweet A Sour Meet Ba«s "SOURCES OF WEALTH FROM BOTH SIDES" Green Vegetable with Shredded ScaNop "NOWLTTY AND ELEGANCE" a i 8/7. a*yMN/ftMag
      203 words

  • 773 15 LONDON, Tues. The market was firm across the board on the likelihood that UK miners will vote to reject any strike action, dealers said. The Financial Times Index closed 11.2 points higher at 545.9. The higher trend in New York and firmer sterling also boosted sentiment. In the
    773 words
  • 815 15 STOCKS IN New York moved in step with bonds and closed lower as a rally in both markets was exhausted early on Tuesday. The Dow Jones industrial average finished off about 7 Vi points despite a gain of 3 Vi points in the first hour of trading.
    815 words
  • ASIAN STOCKS
    • 388 15 SHARES IN Tokyo yesterday rose in light trading as internationally-popular issues were bought selectively, dealers said. The market average gained 40.16 points to 7,717.23, moving over 7,700 for the first time in two weeks. Trading was a light 280 million shares and the Tokyo stock exchange index was up
      388 words
    • 248 15 HONGKONG STOCKS IN Hongkong yesterday closed a quiet half day trading session mixed, with no new features apparent in the market, dealers said. The Hang Seng index closed at 1,397.06, 1.49 points down, after a firmer opening which turned weaker in the latter half of trading, they
      248 words
    • 278 15 A FURTHER easing in the industrial sector in Sydney yesterday and another retreat by leading resource issues pushed the market to its lowest level for nearly two years. The All-Ordinaries index dipped 2.7 points to 544.4 at the close of trading. The index has lost 51.1
      278 words
    • 56 15 JAM X Asia Fibre Bthu 131 +1 Bern Juekar ChAroooc Thai Wire Pirn Trust 42.73 -0J5 Industrial Plnan O COTD 101 -I International International Trust a««i rn Ruu Tower 8aha Union S1T5 ISO -at •i 144 -i Slam City Cement U7 •i South A<la Fibre Thai Danu Bank United
      56 words
    • 77 15 JAM 3D PNM Acoj« Mtnlnc £005 ***** AUu Con. a AUmj Con. B. nzz u unch OokJ Benruet Con. B .0015 M uncti -1 KrnfdMMB LandoU Laptnto B. ZHZ ioeo unch MtulnduqiM B 110 ♦ai Orient*] A Sii I mm b oat -ooos Ortrwni 009 unch ex A Pioneer
      77 words
    • 51 15 FINANCIAL TIMES INDUSTRIALS Tuesday 545.9 Monday 834.7 Week Ago 524.6 DOW JONES AVERAGE INDUSTRIALS Tuesday 847.41 Monday 885.12 Week Ago 847 70 H.K.HANC SENG Wednesday 1307.08 Tuesday 1388.57 Week Ago 1423.57 AUSTRALIAN INDUSTRIALS Wednesday 895.7 Tuesday 807.8 Week Ago 718.4 ALL ORDINARIES Wednesday 544.4 Tuesday 547.1 Week Ago
      51 words
  • COMPANY NEWS
    • COMPANY BRIEFS
    • 790 15  -  By SUSAN THAM SARAWAK Motor Industries (SMI), which will soon come under management of Associated Plastics Industries, has over the past year slowly diversified into other activities, such as property development and timber. The move away from its traditional motor assembly base is reflected in SMl's purchase
      BT CHART BY  -  790 words
  • Page 15 Advertisements
    • 221 15 restaurant Try our sumptuous delicacies from the Hunan Province. An Oriental dining experience. Aanovated additional new car park now ready for use. Oncrife 214 Dunearn Road. Singapore 1129 Tel: *****49,*****22 INTERNATIONAL CONSULTING COMPANY Offers project management services for medium and large size projects industrial and non-industrial with full responsibility on
      221 words
    • 494 15 (Incorporated in ih« Republic of Singapore) PRELIMINARY REPORT OF RESULTS FOR THE YEAR ENDED 31ST DECEMBER 1961 The Directors of Sembawang Shipyard Limited ("SSL have the pleasure of announcing the UNAUDITED results of the Group and the Company for the year ended 31 December 1901 as follows Trading profit (after
      494 words

  • Chief Price Changes
    • 147 16 Rites Indices L«n| Hut M BuUi| MO see tt 15 Jan 19 Jan 20 Ttaaa Pub OS 15 BT Indicator: *****3 *****7 K G Hide* MO 15 Industrials: 765.40 765-35 iMtU «ao 12 Finance: 1761.84 1760.33 O U I MB F F E Uriifitoi WttriH 010 MO sao 31$
      147 words
    • Article, Illustration
      155 16 SHARK prices wen mixed yesterday with vshune remaiatag lew, as lavustm prefer to wait aatU attar the «leaded CMaesn New Tear break Mire eeaunttThe Straits Itaes ladastrial index fistabil MS palate tower to 716J&. The Bmatmtm Times ladksator was Nf palate tower to IHW. Rises Indices UtdPtts Sunset
      155 words
  • 342 16 THE RECENT sale of Gkindlays' two Hongkong subsidiaries to the Malaysian arm of the Hong Legroup is not expected to affect significantly the publicly-listed companies in the Hong Leong stable. Rather, the agreement is seen more as a private one between the Kwek
    342 words
  • 417 16  -  HHNR Compame^ditor^lan^brari By KOH TSE YING AS EXPECTED, Sembawang Shipyard has proposed a tree scrip issue in conjunction with its final report for the year ended Dec 1961. The company announced yesterday that it intends to make a bonus issue of one-far-two, raising its paid-up
    417 words
  • 460 16 CHOCOLATE Products (Malaysia) Bhd's open offer of 1.57 million shares to the public has been oversubscribed 41.6 times. A total of 41,771 applications for 65,328,000 shares involving a cash outlay of M 578.39 million had been received by the time applications closed last Friday. The balloting
    460 words
  • 250 16 TASEK Cement may soon have its own source of coal to fuel its cement plants. The company is reported to have agreed in principle with a Thai cement manufacturer, Siam Cement Company, to mine coal in Indonesia. According to Mr Dusit Nontanakom
    250 words
  • 95 16 PERN AS Engineering Sdn Bhd owns 2.2 million shares in Berjaya Kawat, representing nearly 20 per cent of the latter's issued and paid-up share capital. PESB is the beneficial owner of the shares which have been registered under the names of three parties. Holding the largest
    95 words
  • 327 16 Date LM it Fall Ym ir Campaay Tti^, a i WiH iMMlTfll Net EPS Grass Pre tax I 1 <«■*) Div. Praflt H Royal (ft*) F 18/12 5.9 819(c) San Hldgs I 30/13 797L Sembawang Ship F Xt/1 523 30.0 87.493 OUS F 2/2 5.0 2,491 Shangri-La F
    327 words
  • 191 16 UNTTED ladsstrtaJ Carpanttw la tends te ate ap a am mlWea eheaileal ptaat with aa lafesMtejTeMsp!? ■J. UK, wfcteh »aly twa days ift reperted that It wnU ate be fteag late AastraHa after aO, tea decided to estates* aa alky! heaaeae sapply
    191 words
  • 64 16 A NEW slMkfcfskJtag Brm, WE Seesrtttes Ms, stsrtsi Irs Msg frss Jas 4. WE flwilttes, the tttk mtmkrr Brsi sf the Ksah I/X JkirimFiiikEg flm I» be Mft ap Is fcsasIt fc expeetsd ti fsvvtie hrßtlw fsr prevlssflty had to rely ss ftoisidsl IssMlsdiss fsr Partners
    64 words
  • 456 16  -  By CHOO AI LENG SHAREHOLDERS of Rothmans of Pall Mall (Malaysia) have received yet another generous "hong bao" from the company in the form of a one-for-one bonus issue. The bonus announced yesterday together with Rothmans' interim results is the third scrip issue the
    456 words
  • 331 16 FAKE share certificates of Pan Malaysia Cement Works have not been discovered within the Kuala Lumpur stockbroking community yet. The Singapore stock exchange, which encountered two such cases earlier this month, has sent a memorandum to the Kuala Lumpur Stock Exchange alerting the Malaysian exchange on the
    331 words
  • 244 16 AFP HONG Leong-Yamaha Motor Sdn Bhd (HLYM), the Malaysian assembler of Yamaha motorcycles, will further expand its production capacity to cater for the growing Malaysian motorcycle market. Mr S Aral, senior manager at Yamaha Motor Company of Japan, said HLYM would increase its assembling capacity
    AFP  -  244 words
  • Page 16 Advertisements
    • 50 16 LTT3 V^>Ti3 Dining at Raffles Enjoyable, unobtrusive, romantic pot business or for pleasure PALM COURT Dine by candlelight in a charming garden setting ELIZABETHAN GRILL Fresh SEAFOOD specialities Succulent ROASTS from the SILVERWAGON Luncheon buffet on: SUNDAYS: TIFFIN CURRY THURSDAYS: RUSTTAFEL Let's meet at Raffles! Please call us. Tel: *****41.
      50 words
    • 514 16 THE JOB OF THE CHIEF EXECUTIVE (a residential programme) March 28 April 2,1982 Apollo Sentosa, Singapore Organised by: Sngapore Institute of Management IMBX Management Development Institute Sponsored by Asian Association of Management Organisations (AAMO) Obfeeffve The objective of the seminar will be to develop systematic ways of thinking about corporate
      514 words
  • Page 16 Miscellaneous
    • 53 16 OUTLOOK for Singapore today: Mainly fair and windy. Repsrt tor 24 knn ftttteatrpirt: prlw to 7JI pm m 4m tt Maximum temperature 3L7 Associated humidity 52 Minimum temperature 23.6 Associated humidity 87 Hours of sunshine 8.25 Rainfall in millimetres.. Nil Total rainfall for the month 115.5 Total rainy days for
      53 words

  • SHIPPING TIMES
    • 184 17 THE SATTAHIP Commercial Port has reported a net profit of 27.7 million baht in its cargo handling operations during the 1900-81 fiscal year. The port handled more than 727,131 tonnes of cargo mainly heavy machinery and equipment an increase of 171,509 tonnes compared with the
      184 words
    • 682 17  -  By JUNE LIM INCIDENCES of charterparty frauds are expected to increase as the trade becomes more competitive. This is because shipowners are "quite reluctant to take any precaution which may delay and probably lose their contract", while shippers are interested in getting the lower freight
      682 words
    • PORTSIDES
      • 70 17 Reuter THE CONFERENCES covering the trades between Europe and India may introduce a congestion surcharge at Madras unless there is a prompt and significant improvement at the port. They said member lines' vessels are experiencing serious delays as a result of continuing congestion at Madras. The disruption
        Reuter  -  70 words
      • 74 17 AFP HIGHSPEED Shipbuilding and Heavy Engineering Co of Bangladesh, jointly established by Mitsui Engineering and Shipbuilding Co of Japan and Bangladesh interests, has completed construction of a shipyard near Dacca. Mitsui officials said it was designed to build up to 1,000-ton ships and other steel structures. The joint
        AFP  -  74 words
      • 37 17 AFP A WEST German frigate collided with a British oil tanker in the Atlantic during North Atlantic Treaty Organisation (NATO) manoeuvers. The two vessels, the frigate Augsburg and the tanker Tidespring, suffered slight damages. AFP
        AFP  -  37 words
    • 322 17 Shlpptag Lia* Page C«l Evergreen IV 3 Fesco vn Flotta Lauro V Franco-Be lg m Fransmer DC Fran NVOC VI Freight Links V X 1 Freight Management V Frota V Fujiwara VI GBN vn Globe Une VI Gold Star VI Golden Line VI Gulf Shpg VI HajShpg
      322 words
    • 710 18 ALGERIA Algiers —Dec 22, 8-10 days for general and at least 30 days for grain. Annaba Dec 22, 3-4 days. Oran Dec 22, 2-3 days. ARGENTINA Bahia Blanca End Dec 7 vessels in port, 6 vessels expected. Buenos Aires End Dec. 13 ocean-going vessels discharging, 16 loading and
      710 words
    • 1631 18 QUIET chartering was seen In all sectors of the freight market on Tuesday but rates generally held steady, shipbrokers said. Continued demand was seen for coal out of Hampton Roads mainly reflecting the coal miners strike in New South Qales and Queensland and rates tended dearer. A 55,000
      1,631 words
    • 643 18 THE PHILIPPINE government may implement a "one-stop shop" concept in shipping documentation soon to facilitate the processing of papers needed whenever a ship arrives at port. The plan has been presented to President Marcos for approval. Transport Minister Jose P Dans, Jr said
      643 words
    • 430 18 THE FIRST container service devoted exclusively to a bulk commodity starts from the UK next month. During the next two years, half a million tonnes of coking coal will be moved from a Kent coalfield through the port of Dover to Zeebrugge in Belgium. The
      430 words
    • 321 19 THAILAND'S board of Investment (Bol) has opposed the Cabinet's decision obliging It to enforce new regulations requiring government-promoted firms to use only Thai shipping lines to transport their imported and exported goods. The 80l claimed that it has no authority under the Investment Promotion Act to enforce
      321 words
    • 483 19 IN LINE with its plans to substantially reduce its fleet of Swedish-flag ro-ro tonnage, the Johansson group has sold two of the vessels ascribed to the Atlanticargo operation. Meanwhile, the group has withdrawn a third ship and replaced her on the Atlantic run
      483 words
    • 594 19 INTER-UNION rivalry could cause another turbulent year on Australia's waterfront. Stormy disputes among dock unions, which helped make Australia's ports the most strikebound of all the world's ports in 1981, are expected to intensify in 1982. At the heart of the labour trouble, observers
      594 words
    • 6557 24 SCHEDULE A guide to ships loading at Singapore for ports around the world 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
      6,557 words
    • 641 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Ship's Voy ETA Lin«« Gdn Op. Lelse Maersk 8202 21.1.82 0730 MAersk 51 TT Bunga Angsana 28NB 21.1.82 1500 Leo Shpg TA 4 TT Andros 41NB 21.1.82 0900 Leo Shpg TA 4 VC Bunga Penaga 2B/3A 21.1.82
      641 words
    • 527 25 ARRIVALS KEPPEL WHARVES Bunga Melor (after Blue Kocfai Must starboard alongside UTM/L A D/L) 33/34 Cherry Manis (after Temburong Cang Shan) 28 Crikvenica (1830 after Manoloeverett) 44 Equator HI (8700) 22 Kota Cempaka (0700 after Kota Buana) 10/11 King Bird (1500 after Bai Yun Shan) 23 Nedlloyd
      527 words
    • 1816 25 The leading shipping lines operating from local ports and their agents. A B Arhlpelege Shpg Singapore Shpg Agencies (S)/Euro-Asia Line (PN KL PK) AdrbkUr Caatalaer ContinenUi Feeders <S) Cargo Freight (PK). AFT.A Singapore Shipping Agencies (S)/ Euro-Asia Line (PK PN) Atr»-EirMto Line Tranagroup Pte Ltd (S).
      1,816 words
    • 1059 26 FT FOR THE PAST 17 months, more than 70 vessels have been immobilised in or near the Shatt-al- Arab waterway, off the Gulf, as a result of the Z Iraqi-Iranian war. Their entrapment has "created problems for the maritime world. Each involves many
      FT  -  1,059 words
    • 454 26 INDICATIONS of the deJJgree to which Asian markets for, North American agricultural products are can be found by •examining trans-Pacific ex*port statistics. US sales alone were ex- pected to increase from US$l4 billion to almost $17 billion by the end of fiscal year 1981. These figures not
      454 words
    • 180 26 NEDLLOYD EAC Agencies, agents for Nedlloyd Lines of the Netherlands and the international shipping consortium ScanDutch, have announced the appointments of Mr Jiwph BMoKlpLUag as marketing manager (Nedlloyd) and Mr Ckmmg AM Fatt as marketing manager (ScanDutch). Mr Joseph Boon joined Nedlloyd EAC in September 1970, and
      180 words
    • 199 26 THE SINGAPORE National Maritime Board's training ship received a donation from Esso Tankers Inc (ETI) recently in the form of a Bridge Rudder Steering Stand. The stand was initially installed on the bridge of ETl's very large crude carrier, the Esso Honolulu. The superintendent
      199 words
    • 131 26 AFP JAPAN'S ship exports decreased sharply in 1981 from the previous year due to a slump in foreign demand for bulk carriers. The Japan Ship Exporters' Association said Japanese shipyards contracted to build 293 ships aggregating 5,296,000 gross tons for foreign shipowners last year. The
      AFP  -  131 words
    • 477 26 HONGKONG owners, which are among the most buoyant operators in shipping, have begun to hedge their bets strongly against the recession. To the consternation of shipyards, a number of entrepreneurs based in the colony are attempting to negotiate postponement of deliveries. The problem stems
      477 words
    • 218 26 KENYA is to take a further step in its industrial development programme by building a major container terminal to handle its principal exports. The terminal will be built at a specially cleared site at the port of Mombasa, which is expected to handle about 400,000
      218 words
    • 184 26 THE MAJOR shipping consortia operating between the 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. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container
      184 words
  • Page 17 Advertisements
    • 461 17 HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Kelang/Keelunc/Busan/lnchon Fm: Busan/H.Koof/Banjkok Td S pore: *****11 P.K. *****4, PN *****5 K.L. *****0 >!&, .1A RI) 1M AMAH SAJ_L//yg Tw OK.itnt Overseas Ca*iUu*ieA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) *KOREAN lACENON 16N 22/1 23/1 10/2 11/2 13/2 15/2
      461 words
    • 390 17 OSEALORDS UASC UNITED ARAB SHIPPING CO (SAG) GULF EXPRESS MULTI-PURPOSE SERVICES Loading for freakb^Q^ Dammam (4/3). Kuwait (7/3). Doha (10/3), Abu Dhabi (13/3) Mma Qaboos (19/3) Kuwait (22/3), Shuaiba (25/3), Dammam (28/3). Bahrain (31/3), Doha (3/4), Abu Dhabt (6/4), Jubatl (9/4) BN SHUHAD V.41 17/2 BN Al ATHEER V, FULLY
      390 words
    • 18 17 LONDON Freights PORT Conditions SHIPPING Schedule CONTAINER Schedules WHO Acts for Whom SHIPS In Port REGIONAL Weather CONSORTIA
      18 words
    • 617 17 cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents lINIMCIFIC TRANS ft TRAOMfi AfiENCY PTE. LTD Tel *****4 (5 lines) SINGAPORE G3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. GULF. ATLANTIC. EAST CANADA. ASIAN PORTS Siacaporc (LoncbeachfNew York Philadelphia p*r tfW ALBERT
      617 words

  • Page 18 Advertisements
    • 795 18 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 Feeder *T Keiai* Mmi B PtNAGA 22/1 NHON B DAHLIA 29/1 SELAMM B PtNAGA 5/2 B SUM B DAHLIA 12/2 DELFT B PtNAGA
      795 words
    • 276 18 J SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA fen* {..mM I N frtoaa I Mtom I T«t tM Bi a/i a/i ?7i a/i n/i »/i 11/1 2/2 vi in in a/z 13/2 KXTMMUI "BARBER TOBA" 2/2/12 "BARBER MENEBTHEUB" 4/2/12 "BARBER KARA" 11/2/12 TO: PANAMA US ATLANTIC EAST CANADA
      276 words

  • Page 19 Advertisements
    • 685 19 gffWt The Straits fgUjg Steamship Group Overseas Containers Limited JPHIf STRAITS SHIPPING Singapore to Sabah, Sarawak, JBBrunei Ports and Bangkok Containonhip Sorvice To/From Bangkok 2*-27 k* n- M k* M FaA MM Singapore to Sabah, Sarawak and Brwi s rum m a« uen a«t STM flls $7MfTS Hit Sl* ■Man
      685 words
    • 494 19 It-'. 1 -Ill: fjg Franco Belgian Services Mf 1, A (f o^SOe 1 FVU COMTMRSHT SOU P KHANE La Howe Ite HW» rh»»w I'aorp CHM CONIMO 7Ma 15 ft* If Fob 20 Fob 21 Feb 23 Fa* MX CONCOtt IF* ft Fat n Fob IMa 4Ma i Mar OCWUB PMI
      494 words

  • Page 20 Advertisements
    • 646 20 JC Hapag-Lloyd TO COMTITCNI UK Efce Mini /J/l lb 2 9/2 11/2 12/2 1 Ml M 2 14? 16? 17/2 1 Bourn V 7 28 2 22 2 24 2 25/? 2 Thames Maru 8 3 26,2 28 2 1/3 larp Bay 2 '3/? 1/3 3/3 5/3 6/3 Berutto* 11
      646 words
    • 401 20 I Mmmmmr ami KOREA SHIPPING CORPORATION ALTAIR 171W ALTAR 172E VEGA 169W SPORE 24-26 Jan 24-26 Jan 12-14 Feb VEGA 170EI 12-14 Feb P. Kelant PENANG 27-28 Jan 29-30 Jan FROM BUSAf BANGKOK 27-28 ian 29-30 Jan TO BUSAN 15-17 Feb 18-20 Feb FROM BUSAft BANGKOK 15-17 Feb 18-20 Feb
      401 words
    • 572 20 EVERGREEN LINE FAR EAST/EUWW CONTAINER SERVICE ACCEPTMG FCI I ICI CARGO FOR: [»tr Victory 21/1 11/2 IJ/2 IS/2 17/2 \%/7 K m 1,7 'wf "v? /w n/K ivtr foyi|tr r/z j/3 j/j j/3 i/i t/i Im> i#mi w/m n/i 9/03 ii/u i 3/l j VM l(/t) AISO ACCEPTING LCL/FCL I
      572 words
    • 1009 20 Everett Lines Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOWING FOR RANGOON P Kt4jnf Pttunf PHRSHWGTRWTWR 711n tm nun M/i fit M ——\/7 ftt 3/5 HTO*T*A VU F* BFSSC Agents m Motaywo BOUSTEAD SHIPPING TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 DISCHARGING ONLY Campanu Argentine Ot tiicrrr- l«e»e»iWinent«l A
      1,009 words
    • 365 20 inni», luursuay, <fanuar> t.i, uoi IELO.S.E. OCEAN SHIPPING ENTERPRISES PTE i.fD. Jl SANKYO LINT! JAPAN/STRAITS SERVICE SANKOUMARU KAtSEI MARU OASIS VISCOUNT peony KORYU OCEAN RESOURCES TAJSHO MAJHJ GARSA DUA PA2ESTRELIA SUNUFE 17-11/2 l»-2t/2^ oqan sttfn i EWTortiss rn iro m *****44/71 mun US! ASM SMPPMC SON M TU 4*4(44/*****1 EAST
      365 words

  • Page 21 Advertisements
    • 890 21 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH, JEDDAH AQABA S'PORE I COLOMBO I HOOEIOAH IJEDOAH AQABA I COLOMBO 23-24/3 27-28/4 e-7/4 11-12/5 'i EG23I ■i 22-23/4 27-28/5 Accepting LCL Cargo to Colombo, Aqaba and Hodaidah. S.E.A. Container Faadar Sarvlca SINGAPORE/PT KELANG/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS NEP. AGATE NEP. ZIRCON NEP.
      890 words
    • 648 21 BEN LINE CONTAINERS EXPRESS COMTAKR SERVICE TO/FROM EUROPE io cum estst »»y asiirt KBURG B'HAVEN R OAM HAVRE SOTON German, Aintra btotkt France UUK fUa«Sporc tty X IM M M W L»l»B*y bM MM SjM um a/1 */I VI V 2 4/2 w* faM n/i a/i a/i 11/2 12/2 22/1
      648 words
    • 671 21 i Scan Dutch U WEEKLY EXPRESS CONTAINER TO MID/UK/wr^r AM SERVICE tOMC* S SIM 22/1 su MSONlaPorl OMftM hwv*u» a/1 Msona/i 0 «M« f ACi JO/1 .'IL M 6°" oat* »mass 12/2 ANSON 11/2 f.JP* 64 13/2 •1/2 APATMK IS;J IS/2 lt/2 11/2 22/2 23/2 IS/3 16/3 18 3 0
      671 words
    • 517 21 a BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) SPORE R OAM HULL HMBG IVYBANK 26 Jon 20 Feb 23 Feb 27 Feb CLYDEBANK- 10 Feb 7 Mor 10 Mor 14 Mor FORTHBANK 17 Mor 12 Apr 15 Apr 20 Apr Alio loods P. Kelong
      517 words

  • Page 22 Advertisements
    • 754 22 k» LINE TO NORTH AMERICA [arte feeder muk also tttbhk on r«pmt. Cjrpn also acceplaMe N* Oakland, Vancouver Portland. Houston, Galveston, Mm Oteam, Boston St Mai. PMad*taa. NorfA BaMmoit Savarauh. lacksonvfc JAPAN-STRAITS-JAPAN Vessel Spore monti eicraio vi 20/1 KANSAI PttCER V 4 2/2 WHORE BRCGE V? 7/2 To CHIN ictMdl
      754 words
    • 503 22 VIC CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE loj** far LOS ANKLES SMI FRANCISCO SEATTLE. TACOMA VANCOUWI C Acc«ptn( Fa/Fa CanlwMfi P Mar* Smppore I Anfetn AfALUr < Fa* SF* lite AUSTRALIA EXPRESS CONTAINER SERVICE "WSHVA ASHA"__ "WSHVA lAIANS" Fa Ma*» Cal Mxkn I bir CjA M**n CAaUti NEW ZEALAND
      503 words
    • 700 22 SINGAPORE SHIPPING AGENCIES PTE. LTD 20TM FLOOR. OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 114 LINESI TERMINAL OFFICE *****83 TELEX RS ***** RS 2SSM A/B CARSHIP CABLE CARGOSHIP r d rramii lte«|i«Hial liOiitahier Linos 2 SAILINGS A WEEK to/from BANGKOK *1* «K SPOK 29/30 tan 2/3 F(«
      700 words
    • 739 22 KORINS MARITIME SERVICES E Room 6C 1. ICB Building. Shenton Way. Sinqaixxe Tol *****2? *****67 P Kelang Tel *****4/*****5 MIODU EAST/RED SEA/EUROPE SERVICES S pore R Kelang Loading For: BUNGA VANDA 2 Feb Mufcala/Aden/Salalah ARUKAMAL 2 Feb Dubai/Bandar Abbas/ Bandar Khomeri HAEWOO NO. 2 4 Feb Aleiandria/Pt. Said/ieddah WONSBON 20
      739 words
    • 620 22 ■NTRASEA (PTE) LTD Suiti- 2b 1 <>. Intorn.'jtion.ri f'l.i/.i An-.or. Hi) Sinya|X)i«- 10l 1 (lOlim-s) bflVii f BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE Smgapore Loadnf for: YH KM WBI2I 28 Jan WdahLanasjol/M'teiev r Hamtwi/tatttrdam/iiw, AKIWTAS MR 122 8 Mar —do accepting Containers to Beirut/Tripoi/Latakia/Tartoui/ Aleiandria/Bajhdad FULL CONTAINER
      620 words

  • Page 23 Advertisements
    • 637 23 NEPTUNE ORIENT LINES TO EUROPE/UK (VIA SUEZ): 16W N GARNET IJACCJM 13* HK CONTAINER 29W. A CONCORD 3* C PAUL m Also accepting cargo to/from Scandinavia S pore Closing Times: FCL Cargo 1400 25/1 LCL Cargo 0200 25/1 FROM EUROPE (VIA SUEZ) C CONTAIO 14E HK CONTAIO 2K. A CONCORD
      637 words
    • 644 23 MALDIVE LINES MALDIVE CREST Loading For Male MALDIVE NOVEL Loading For Hodetdah/Jeddah MALDIVE NAVIGATOR Loading For Salalah/ Dubai/Kuwait MALDIVE PEACE Loading For Dar E Salam MALDIVE IMPORTER Loading For Male BARBARY Loading For ieddah/Dafcar MALDIVE PROGRESS Loading For Salalah/Bahram/ Dammam/Kuwait ETA KUANTAN ETA PORT KELAN 25/1/82 30/1/82 In F 25/1/82
      644 words
    • 684 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD S*BOV BULDMG 55. Mvtet Strut Seaport 0104 Irtfphooe Nuntors *****3 (15 Lmes) r Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAWM T NAM SOON SDN BM> IST ANO 2NO FLOOR NO 1 IALAN CtMPFNWG PORT
      684 words
    • 66 23 id P.E.A.C.E. PTE LTD Al «A, MOUNT FASER ROAD MHhMBC BMQAPORE 0409 Tlinnii TEL: *****M/9 TEL: *****M/9 REGULAR FCL/LCL SERVICES TO AUSTRALIA, NEW ZEALAND. HONG KONG SIM SWEE JOO SHIPPING SDN. EXPRESS TO BINTULU P. Kttwi LOW MTU (Ml ISM) wy IS bW LOW MTU (Ml ISM) wi IS 4.2J2
      66 words


  • Page 25 Advertisements
    • 293 25 x,. EGYPTIAN INTFBNATIDNAI I INF fFII > INTERNATIONAL LINE (EIL> EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT SUEZ PORT SAID ALEXANDRIA) STOK PT. SUD rTSiUD ALEXAMMJA EVJT* "SI Mi M Mar 19 Mar 22 MX U VOT 19 Mar IS Mar 30 Aer 2 ut SWWU »Y2l Apr 15
      293 words
    • 287 25 ft JOHORE SHIPPING Ljr 15J JALAN TENGKU BADAR PORT KELANG c SELANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Express Unrtfoad Service from P. Ketang East Malaysia Brunei HAYATI V: 1/12 HA YAH V: 2/82 HAYATI V: 3/12 HAMDAH V: 2/12 HAMDAHV: 3/12 HAMDAH V: 4/S2 mm *.2/92 P. KELANG 24/1/12 14/2/R2
      287 words
    • 285 25 r,.- c'.- V. Agents tor P T CESURI LLOYD P T BAMAAI BAMTIRA 304 305 3rd Floor Ocean M|. rn n Tot 9SSSC BSMS mOQ?9 SINGAPORE/INDONESIA SERVICE ET* no IOttOS FOR PRASETIA 22 lan 22 Jan Jakarta Acciptai briakbuft mi fa cwtmn 6ATK 30 lan 5 Fab Swabaya/Semarane/ Banjarmasii BMtfM
      285 words
    • 170 25 DIRECT SERVICE TO SOUTH AFRICA/ EAST AFRICA ETA Looding for BONZA 4 Feb Dorb.an/Momboso/ Dar-Es-Salaam Gfncr.ii At.j»'n?s KORINS MARITIME SERVICES R K)rn t>ol ICB Bu lclmq Shenfc n Wav Si-xjapof Indian Ocean Feeder Service Ag*nt» SINGAPORE SHIPPING AGENCIES (PTE.) LTD. MARKETING TEL *****? TEL *****1 120 LINES) THE MALAY STATES
      170 words
    • 125 25 FRANSMER (GROUPAGE) SERVICE Fronsmor Sorvicos (S) Pto Ltd Unit B. 4th Floor (05-02) Chong Qiwm Huot Industrial Building, 12, Arumugom Rood, off Poyo Labor pore 1440 I SioooDrrr tTTET poro 1440 P.O. Box 519 *****6 (5 linos) Totoi. I Singapore RS ***** 9146 FRAMER FCL/LCL SERVICE TO AUSTRALIA Colling ot
      125 words

  • Page 26 Advertisements
    • 145 26 WORLD pP* LINE REGULAR SERVICES JAPAN/HONGKONG/STRAITS men GOUXM LIKE SMMSS SPORE 142 J«L 21/29 1-74 FA. 4/5 L-K Fib. 11/12 1-54 F«fe. It/19 mmm tmea <s) m ltd 84. Ml ft, M Tra* Caata. PKELANG Jan. 30/31 Fife 6/7 F«b. 13/14 F«fe. 20/21 T* *****11 Nrt Rata* Gm Af«rt HUT
      145 words
    • 164 26 to remove undersirable pands. NOTICES REQUIRE PROMPT 3/5000 DWT CARGO VESSEL FOR TRIP TIME CHARTER ABOUT 45 DAYS Singapore/Arabian Gulf Range (Excluding Iron/ Iraq) Please Telex only firm offer with ships details for sport fixing to RS ***** DONG SUNG SHIPPING CO. LID. N.V. "ORIENTAL BEAR" FROM BONO KONG KEELUNG
      164 words
    • 71 26 TOKO LINE M.V. "APAJtEJ" VOY-M wiM m IM Juury, IK MV "TOMOSHDMA Mill" VOY-1 IRlvri M Ittt Jltun, IMI Consignees aU damaged cargoes rx the abow captioned vessels are hereby notify that the General Survey will be held on Friday 22nd January, 1982 at Jurong Port Godown No. 1 from
      71 words
  • Page 26 Miscellaneous
    • 170 26 m ~A Regional Weather M a n/« •3 P. 15 A 21! •> as a M e LL*£ C yA aWind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND j R Thunderstorm Temperature °C y Shower Weather Wind direction with speed in
      170 words