The Business Times, 29 January 1982
1982-01-29
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The Business Times
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Title Section10 1982-01-29 1 BUSINESS TIMES M.C.(P) No. 93/1/82 FRIDAY, JANUARY 29,1182 60 CENTS10 words
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340 1982-01-29 1 NYT THE REAGAN Administration will ask Congress to impose a five per cent withholding tax on dividends and interest payments, something the lawmakers have often refused to do. The proposal, announced on Wednesday, ran into immediate opposition from President Reagan's own party.NYT - 340 words
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267 1982-01-29 1 OVERSEA-Chinese Banking Corporation will cut its prime lending rate by a quarter point to 10 3 per cent from today, putting it on par with United Overseas Bank and Overseas Union Bank. The bank will reduce its three and 12-month fixed deposit rates267 words
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Article520 1982-01-29 1 CHOO AI LENG - By CHOO AI LENG THE Stock Exchange of* Singapore is to conduct an investigation on possible insider trading in the shares of two listed companies Yeo Hiap Seng Ltd and King's Hotel. This is the first time in several years that the exchange, apparently concerned520 words
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464 1982-01-29 1 ALVIN TAY - By ALVIN TAY THE International Chamber of Commerce (ICC] is tightening its rules governing the use of documentary credits by banks worldwide, a move seen as an attempt to stem the rising maritime fraud cases. The Paris-based organisation has submitted a draft revision of464 words
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314 1982-01-29 1 TELECOMS may be one of the major tenants of the giant industrial complex at Chai Chee which once belonged to Rollei. The statutory board is believed to be negotiating with the Development Bank of Singapore, which has agreed to buy the two314 words
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BRIEFLY...
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Article91 1982-01-29 1 THAI Airways International has invited several banks based in Singapore and Hongkong to bid for a US$5B million syndicated loan to be guaranteed by Thailand's Ministry of Finance. The loan will replace a shortterm bridge financing credit used by the airline to purchase a Boeing 747 in91 words
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Article99 1982-01-29 1 Reuter LONDON, Thurs. Major British clearing banks are expected to pay interest on current accounts from next year and possibly before the end of 1982. London banking analysts were commenting on an announcement by the Cooperative Bank Ltd, which does most of its business through retail stores,Reuter - 99 words
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Article115 1982-01-29 1 Reuter JAKARTA, Thurs. Indonesia, Opec's most populous member, could become a net energy importer within two decades without massive investment in oil production and a change in the pattern of domestic energy consumption, according to a confidential World Bank report. A similar survey by the Bank of AmericaReuter - 115 words
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Article49 1982-01-29 1 LUXEMBOURG, Thurs. EEC consumer prices rose last year by an average 12.7 per cent. The rate of inflation slowed in December, with the community consumer price index rising 0.7 per cent from November, compared with an average monthly rate of about one per cent in 1981.49 words
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Article54 1982-01-29 1 Reuter TOKYO, Thurs. The ruling Liberal Democratic Party today announced the lowering of 67 nontariff barriers as part of Japan's response to foreign criticisms that the market here remains closed to imports. Masumi Esaki, chairman of a special party committee, said the cabinet would rubber-stamp the proposals withoutReuter - 54 words
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Article55 1982-01-29 1 UPI JAKARTA, Thurs. Britain's Foreign Secretary Lord Carrington arrived here today on the first leg of his Asean tour. Lord Carrington was welcomed at Jakarta's Halim International Airport by his counterpart Mochtar Kusumaatmadja and members of the Indonesian Cabinet with whom he will hold talks on bilateralUPI - 55 words
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Article41 1982-01-29 1 CALI, COLOMBIA, Thurs. Leftist guerillas were reported to be holding 74 hostages on a crippled Colombian airliner at the Cali Airport today, threatening to blow up the Boeing 727 and all aboard if they were not given another plane.41 words
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Article, Illustration242 1982-01-29 1 MB NGIAM Teag Dew (aftatv) ku itepptd^ilmM Devetopmeat B«ar4. His migß*ttoa teak effect trem Dee SI. Ike ww dMirmu to Mr PT Hwaag, (aramr Slag»* pere tatoaMtr to Belgian aad the EEC. Mr Hwaag, 4ft, reeeatty retarget treat Biamils to aa- aaie his aew respeaslMlIttoa, wttk effect242 words
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352 1982-01-29 1 Reuter THE Straits tin price in Penang yesterday jumped by a record M 51.85 to $35.50 per kilo, to move back into the International Tin Agreement's upper sector of $34.96 to $37.89. The rise, the biggest single gain in one day,Reuter - 352 words
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Article167 1982-01-29 1 SAVERS in Singapore have been veering increasingly towards fixed deposits, so much so that the share of savings deposits has been edging downwards lyOfficial statistics show that savings account formed 31.6 per oent of the total market of fixed and savings deposits last October, compared with 34.8 per167 words
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Page 1 Advertisements
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Advertisement211 1982-01-29 1 _\%~^(^}.,>|.:=&~|\>@%@>*&}>|>^ OMDS_ SPP Ltd expects $3.5 million in group pretax profits this year Page 12 MALAYSIAN Tobacco Co has declared a one-for-two bonus issue Page 12 BANK Rakyat plans to issue bonus shares to its members this year Page 12 THE Export Credit Insurance Corporation of Singapore is supporting another211 words
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Advertisement39 1982-01-29 1 m Diners Club. muohtmhii hy Singapore's best hotels and restaurants since 1961. Fteople think highly of a I MnersOub member. of 3 0 <•" x s t* 1 itf all <i 94 for your I liners lul> application form today39 words
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Advertisement85 1982-01-29 1 Outstanding There was a time when ihere were no machines and man was the supreme artisan His hands the tools of ingenuity Testoni perpetuate the an of such craftsmanship Each piece of leather hand-cureri and metamorphosed into a collection of exqutsite shoes, belts, bags, wallets and briefcases. Such is the85 words
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Advertisement0 1982-01-29 1 =%*{:${:>}{-[+:-_\\|.^_'},,'\+,0 words
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BANKING AND FINANCE
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Article369 1982-01-29 2 WONG AI KWEI - By WONG AI KWEI THE Export Credit Insurance Corporation of Singapore is supporting another loan facility for the building of oil rigs, this time a SssB million jack-up rig. The loan is for Houston Offshore, an American-based drilling company, and is arranged by the369 words
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Article446 1982-01-29 2 AP LAST year the International Monetary Fund pledged about US$l7.5 billion in loans to poor countries more than double what it pledged in 1980 but only about $4.25 billion of the promised sums were actually paid out. Most of the loans went to help payAP - 446 words
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239 1982-01-29 2 Reuter JAPANESE investors have been actively investing in zero-coupon bonds issued in US and Eurobond markets to prepare for the introduction of the "green card" system in January 1984, which will identify investors abusing tax-free frameworks. Their investments in these bonds, which started inReuter - 239 words
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Article667 1982-01-29 2 TOO RASH a cut in West German interest rates could imperil the foreign exchange value of the mark, Bundesbank vice-president, Helmut Schlesinger, said. He said that the last few days, since the Bundesbank cut special Lombard rate one half-point to 10 per cent, have indicated the667 words
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343 1982-01-29 2 TWO prominent Scandinavian banks have submitted a joint application to the Monetary Authority of Singapore to set up a merchant bank here. Christiania Bank OG Krekitkasse, Norway's oldest and second-largest bank, together with PKhanken, one of Sweden's largest banks, made the application343 words
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238 1982-01-29 2 Reuter CHINA is seeking to raise bonds on international capital markets, including the Asian dollar and Eurobond markets as well as in Japan. The president of China International Trust and Investment Corp, Lei Renmin, told the financial daily Nihoo Keizai Shim bun theReuter - 238 words
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Article152 1982-01-29 2 Reuter WEST German savings banks recorded a growth of 7 per cent in their balance sheets in 1981, the lowest annual rate since 1949. Savings Bank Association president Melmut Geiger said the sluggish growth reflects more cautious personal borrowing and credit growth of only 8 per cent,Reuter - 152 words
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712 1982-01-29 2 THE MALAYSIAN banking industry saw a significant change in the liquidity preference of the public in the third quarter of last year, resulting in a sharp increase of M 51,237.7 million in fixed deposits. This development, according to Bank Negara's quarterly712 words
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Article22 1982-01-29 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.23 per cent.22 words
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Article200 1982-01-29 2 ASIAN ASIAN currency deposit Interbank rates as at close on Jan 28: US Dollars*Spot) Offer Bid 7 days 14 3/16 14 1/16 1 month 14 9/16 14 7/16 2 months 14 13/16 14 11/16 3 months 15* 15 6 months 15* 15* 9 months 1511/16 15 9/16 12 months 1511/1615200 words
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Article45 1982-01-29 2 RANGE o( prices offered by discount houses on Jan 28: Overnight: 3' i** Call deposits: 3W3J Cloaiag Buying Selling 3-month Treasury bills 2H 2h 3- month Bank bills 7* 7H 3 months CD 7H T* A months CD 8 7'* Source: National Discount Co45 words
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Article105 1982-01-29 2 THE US dollar in Hongkong yesterday held steady against most major currencies in quiet, late foreign exchanges. News the US Treasury will raise a record $41.2 billion in new cash underpinned sentiment, as the action may lead to firmer interest rates in the near term. The Hongkong dollar recovered105 words
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Article50 1982-01-29 2 THE dollar in London yesterday remained firm, particularly against European currencies at a quiet start to trading. Opening quotes yesterday: US 1.8660/70 Can 2.2330 55 Cross -1.*****4 DMk— 4.3490 530 D F1 4.7730/7770 S FY 3.4725/75 B FY con 73.73 86 F FY 11.0545/700 Lit 2329.40 2332.50 Yen 430.60/431.4050 words
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Article449 1982-01-29 2 THE US dollar firmed against most major currencies in late moderate trading on the local foreign exchange market yesterday. The Singapore dollar eased latterly to close at 2.0790/0800 against the US unit from an early 2.0770/ 80 and Wednesday's $2.0740/50. latrrbaak tarwart rates at 3 pro: One month449 words
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Article182 1982-01-29 2 SINGAPORE gold futures yesterday closed slightly higher between US$6.4O and $8.00 an ounce in moderate trading, dealers said. Total sales for the day was 192 lots while kerbs recorded 85 lots. February closed slightly higher at U*****.00/ 384.40 an ounce compared with 376.00/377.50 on Wednesday, March at 388.00/390.00 against182 words
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Article37 1982-01-29 2 Wed Twm New York 8.11B 7.90B 8.18S 7 97S Zurich 8.05B 7.88B 8.15S 7 98S Singapore IlUrs 8 10B 7 90B 8.25S 805S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.37 words
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Article113 1982-01-29 2 THE US dollar for overnight delivery in Tokyo yesterday closed firmer at 230.50 yen after a 230.20 opening. Trading was a moderate $1.17 billion. The dollar strengthened briefly to a three-month high of 230.60 yen just before the close. Some dealers said the Bank of Japan sold an estimated113 words
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Page 2 Advertisements
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Advertisement44 1982-01-29 2 J* The warm radiance of rare imported wines. The glow of a memorable evening. At Suasa-on-the-Sixth or The Ranch. For room reservations, please call: Regent Reservation Service Singapore. Tel: *****27 Telex No: RS ***** The Hotel in Kuala Lumpur the A RMiEVI INTERNATIONAL HOTEL44 words
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Advertisement89 1982-01-29 2 Y The Hongkong and Shanghai Banking Corporation Interest Rates Fixed Deposits 1 month (minimum $5,000) 6% p.a. 3 months (minimum S500) 7 <7o p.a. 6 months (minimum $500) 7 3 /4% p.a. 9 months (minimum S500) 8 1 /4% p.a. 12 months (minimum $500) p.a. Savings For deposits of Ssloo,ooo89 words
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TRADE AND INDUSTRY
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326 1982-01-29 3 THE 1983 world conference on family medicine and the accompanying medical trade exhibition will be held in Singapore. The Singapore College of General Practitioners made a bid at New Orleans, the venue of the last conference in 1980, against Australia, India and the326 words
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165 1982-01-29 3 A TOTAL of 22 senior government officials attended the first chief facilitators course yesterday to set up Work Improvement Teams (Wits) in the civil service. The two-week course, held at the Civil Service Institute, will help the facilitators bring out a Wits programme165 words
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Article295 1982-01-29 3 THE TRADE affiliates of the Singapore Chinese Chamber of Commerce and Industry may soon have a bigger say in the management of the chamber. The number of seats in the management committee of the chamber allocated to the trade affiliates may increase from 10 to 20,295 words
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Article724 1982-01-29 3 SEMINARS AND COURSES Feb 1-26: Industrial Control Module n, Singapore Technical Institute, NPB Feb 1-March 3 (Mondays and Wednesdays): Higher Productivity and Better Profit The Low Cost Way, Bukit Timah Centre, Department of Extramural Studies, NUS Feb 1-March 18 (Mondays A Thursdays): Introduction to Industrial Electronics, Bukit Timah724 words
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Article, Illustration278 1982-01-29 3 SCANDINAVIAN Airlines' hotel chain has signed a 10-year management contract to run the new Amara Hotel, to be opened in 1964. The developer, Amara Hotels (S) Pte Ltd of the Teo Teck Huat Group, has the option to renew the contract for another 10 years. It was278 words
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466 1982-01-29 3 AGNES WEE - By AGNES WEE THE CURRENT imbalance in the supply and demand of office space will probably not return to its equilibrium till about five years' time. Mr Edmund Tie, a partner at Jones Lang Wootton, in making the prediction, said this466 words
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Page 3 Advertisements
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Advertisement138 1982-01-29 3 IK r-i N K A ti 14 m 1-44 i k When nothing but the best will do Gold hill Square Of ice TbwerSingapore'snx)stdisHngLiished office address Better finishing within both public area** and tenants offices. Better layout. Better car-parking. Better airconditioning. Better maintenance. Better landscaping. Better amenities throughout the complex.138 words
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OVERSEAS
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445 1982-01-29 4 Reuter BRITISH Employment Secretary Norman Tebbit has warned critics in the governing Conservative Party that a reflationary budget to reduce record unemployment would be economic and electoral madness. He was speaking in London on Wednesday at the start of a two-day parliamentary debateReuter - 445 words
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372 1982-01-29 4 Reuter JAPAN'S current account surplus in fiscal 1982, from next April, will probably be US$9.5 billion, well down from an earlier estimate of $15 billion, chief economist of Sumitomo Bank Ltd, Tsutomu Nishimura, said. Mr Nishimura said the revision, made late this month, followsReuter - 372 words
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317 1982-01-29 4 AFP THE Indonesian government announced yesterday that its new foreign trade policy obliging its foreign suppliers to buy Indonesian non-oil products would not affect foreign investment in Indonesia. The policy applies only to contracts awarded by the government, its various agencies and state-owned enterprisesAFP - 317 words
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168 1982-01-29 4 Reuter BRITISH Leyland (BL) chairman Sir Michael Edwardes said on Wednesday the state-owned motor company would no longer have to seek government subsidies after 1985. Sir Michael, appointed by the government in 1577 to reverse the company's heavy losses, told a parliamentary committee that afterReuter - 168 words
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240 1982-01-29 4 Reuter JAPAN'S steel exports in calendar 1982 will fall to a nine-year low of 28.80 million tonnes following increased competition from developing nations. The Japan Iron and Steel Exporters Association said in a survey report that after reaching a peak of 37.04 million tonnesReuter - 240 words
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103 1982-01-29 4 Reuter HONGKONG yesterday said it is taking legal action over trade restrictions imposed on the colony by France. Hongkong's trade commissioner Lawrence Mills will lead a delegation to Geneva next Tuesday for talks with the European Commission, which will represent France. Hongkong said inReuter - 103 words
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659 1982-01-29 4 NYT, UPI AMERICAN Treasury Secretary Donald Regan has criticised the Federal Reserve Board's (Fed) management of the money supply and told Congress that lower interest rates were essential to a strong economic recovery and to the success of President Reagan's economic policies. InNYT,; UPI - 659 words
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Article281 1982-01-29 4 UPI, Reuter THE AMERICAN government, facing a record deficit for 1982, has disclosed that it is already US$4B billion in the red and must borrow a record amount through March. At the same time, the Internal Revenue Service (IRS) confirmed plans to raise more thanUPI,; Reuter - 281 words
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563 1982-01-29 4 A TOP US government official reacted with caution and a leading financial daily indicated skepticism over Tokyo's announcement of a 67-point plan to liberalise Japanese import procedures. The treasurer of a leading US high technology corporation said bluntly: "We do not foresee that this563 words
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310 1982-01-29 4 Reuter THE 10 Common Market states look set for a lengthy and bitter clash over price rises for eight million farmers in the European Economic Community. Amid a continuing quarrel over the EEC's costly food surpluses, the European Commission onReuter - 310 words
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144 1982-01-29 4 THE Malaysia-Japan Eco--1 nomic Association (Majeca) will hold its fifth annual conference in Kuala Lumpur for two days beginning on Feb 8. It will be opened by the Prime Minister, Datuk Seri Dr Mahathir Mohamad. A number of economic papers, aimed at stimulating144 words
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Article779 1982-01-29 4 ARRIVALS Service Local Operator Number Tine Prom 0 MAS MH680 1010 BKI/MYY/KCH h MAS MH651 1000 PEN/KUL r SIA SQ201 1030 HLP CPA CX710 1030 HLP SWR SRI 76 1060 ZRH GVA BOM GIA GA960 1100 HLP s GIA GA930 1115 MES a SIA SQ103 1115 KUL779 words
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314 1982-01-29 4 Reuter A SENIOR defeaee afflelal has said thai America'! tradlag partaers may be eat •ff tram seasitlve US teebaalagy If they let lafarmatfaa with military potential fall lata Savlet haads. Fred Ikle, aader leeretary af defeaee, said mm Wedaeaday that theReuter - 314 words
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Article633 1982-01-29 5 Reuter, UPI PRESIDENT Reagan is considering a grain embargo against the Soviet Union if the Polish crisis worsens but has not ruled out a summit with Soviet leader, Leonid Brezhnev this year. However, he said that a ban on grain exports should be part of aReuter,; UPI - 633 words
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581 1982-01-29 5 NYT CONTINUING the trend of lacklustre earnings reports from major oil companies, the Mobil Corp reported a 5.4 per cent gain in net income for last year's fourthquarter and the Gulf Oil Co said its earnings had declined one per cent. The weakNYT - 581 words
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289 1982-01-29 5 UPI OIL ministers from the sixnation Gulf Cooperation Council (GCC) will meet in Saudi Arabia on Sunday to discuss ways of a steady flow of oil to international markets. The Emirates news agency Warn said the ministers would formulate a strategyUPI - 289 words
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WORLD IN BRIEF
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Article413 1982-01-29 5 Agencies THE CHINESE government yesterday declared ViceChairman Deng Xiaoping is in good health in a statement to quash rumours started by Mr Deng's failure to appear in public for nearly a month. Rumours that Mr Deng was ill or in political trouble started when he didAgencies - 413 words
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411 1982-01-29 5 Reuter MALAYSIA'S economy felt the chill of the world recession in the third quarter of last year with activity significantly dampened by a continuing decline in export earnings. Bank Negara said in its quarterly economic bulletin that domestic demand, relatively buoyant in the firstReuter - 411 words
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Article256 1982-01-29 5 Reuter AUSTRALIA'S inflation jumped into double figures last year to hit 11.3 per cent after the highest rise for five years in the final quarter of 1981. The inflation rate, measured by the consumer price index, was a big jump over the previous year when itReuter - 256 words
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504 1982-01-29 5 Reuter SIEMENS AG will invest two billion deutschemark in the current year to end-Sep-tember 1982, primarily in a rationalisation programme designed to stem further falls in profit. Managing board chairman Karlheinz Kaske said priority will be given to strengthening the company's earningReuter - 504 words
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Page 4 Advertisements
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Advertisement564 1982-01-29 4 SPP LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at the Registered Office of the Company at 315 Alexandra Road, Singapore 0315 on Friday, 12 February 1982 at 10.00 a.m. for564 words
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Page 5 Advertisements
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Advertisement384 1982-01-29 5 Audi Fuel injection The fastestl6oocc production car in the world VW and Audi perform like truechampion*. By combining the very best of European advanced automotive engineering, research and design with their vast practical know-how gained over the years in producing more than 46 million vehicles, VW/Audis have earned a world384 words
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Article366 1982-01-29 6 LAWS which are outdated and no longer serve a useful purpose should be revised or repealed. Laws which govern commerce should be designed to foster competition and thereby promote efficiency. The call for revision of legislation affecting the real estate business in Singapore by Jones Lang366 words
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318 1982-01-29 6 TIRED, HALF-closed eyes of weary travellers at airports may not automatically open wide when a television set is placed before them. And there will always be those who demand peace and quiet in airport departure lounges so that they can catch a nap and318 words
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Article448 1982-01-29 6 Reuter FIFTY thousand light bulbs, 15 tonnes of used cooking oil, worn-oat tyres and a wig-maker's off-cats of Chinese hair. To many people this Is just so mach rubbish. Bat to Fanzlska Haenert of West Germany'B Industry and Trade Association (DIHT), this aod otherReuter - 448 words
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1238 1982-01-29 6 JOHN WICKS - By JOHN WICKS FT SWISS CHEMICAL companies are feeling justifiably pleased with the way their pharmaceutical business grew last year. In the first half of 1981, the Big Three producers Hoffmann-La Roche, Ciba-Geigy and Sandoz booked sales growth in this sector of between 19FT - 1,238 words
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1108 1982-01-29 6 ARTHUR SPIEGELMAN - In the history of American journalism, no paper has had as much success in catering to the ordinary man as The Daily News. It' is still the largest big city daily in the US and has a daily circulation of 1.5 million. ButReuter - 1,108 words
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Page 6 Miscellaneous
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Miscellaneous612 1982-01-29 6 j TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 One who gives a moving performance (6) 7 Workers, as in arts, possibly (8) 8 Flight member (4) 10 Fiery old loves? (8) 11 Accuse a member of being in drink? (6) 14 A definite clique (3) 16 Lubricated by Odile? (5) 17612 words
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Miscellaneous10 1982-01-29 6 NOv*i PoC f=s SPOT OF S\jt>l6RTHlfslG C~ X v^ggg** l'lA>10 words
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Miscellaneous750 1982-01-29 6 Stop Exploiting The Seaat WE mar the far Mr ttoas mmder the sea hed. The WmrU Of SmrrlvaJ: TV- Sms Matt Live (eh 8, 7 JO) delves late the puMem sf p*Uattoa Md ever exptottattoa sf the see wheee eeatiaeeaa extetoace b vital te all sf as la term* sf750 words
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Article, Illustration1619 1982-01-29 7 LEE YOKE MENG - HEALTHY SAVINGS MARKET IN SINGAPORE By LEE YOKE MENG ALMOST five billion dollars moved their way into bank vaults and investment pouches in the name of savings accounts by the end of last October. In the mind of the forecaster, the figure could have been $61,619 words
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Article, Illustration1381 1982-01-29 7 EMILIA TRAGAZA - By EMILIA TRAGAZA THE FINANCIAL crisis in the Philippines capital market early last year has cut deeply into the Bancom Group, the business empire which sired the creation of the country's money market and the operations of which have been strongly felt in other markets in South-ast Asia.1,381 words
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Page 7 Advertisements
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Advertisement295 1982-01-29 7 Worldwide management experience at your fingertips. Woi d Executives Digest FRAUD-the inside threat I. Early-Warning Signs of Fraud The Office 11. How to Keep Purchasing Clean Financial Executive 111. Computer Fraud and Fiction Harvard Business Review IV. What Managers Can Do About Fraud Financial Executive Company Heroes 'Managing for Success295 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article172 1982-01-29 8 JAN 17 ru ABN 286 00 unch Ahold 00.50 unch Akso 26 20 0.6 AMBV 8X00 -0.4 Amfu 74.00 -0.5 Amrobnk 51 00 unch BerfOM Berk HI 26.30 unch BoU 00 JO 0J BorsumjJ 90.20 -03 Burhmann 30.50 unch Caland 3XBD -0.6 C&lvt Delft 215-50 unch Dell Ml) 73.00172 words
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Article233 1982-01-29 8 JAN 27 Frs CORBEILLE Atr-Llqutde B 8 N Otrnli Danone C 8 F (ThomsonCat) 457 1321 mvi -7 -10 2.5 Cta Francaiae des Petroies Compaenle Financier* Compagnie Qenerale Credit Fonder De France Hachette Machine* Bull Michelln (B) Pari baa Pechlnejr Clflne Kuhlmann Peuceot Philip# (N» Oem Bent i Prlntempa233 words
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Article93 1982-01-29 8 JAN 27 Fn FORWARD MARKET Acee Arbed Aatur Brascan Bru-Lamb Canpac Cock De Beers Ebes Elecirobel Ob-Inno-Bm Oev Hobok Petro Ryl Dutch Sldro Soc Oen Self SoMna Solvajr A Tanks U Mln V Mont 364 1060 401 «M 1400 1340 153 vn 1885 3800 3450 ICO 3830 4380 142293 words
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Article212 1982-01-29 8 JAN n Dn» Aeg- Tetefunken Akao 2390B All* Leben 1835 00 35 Alii Vers ***** unch BASF Bay H T Wbank Bay Vbank ***** ***** ***** unch 0 5 Bayer BBC BMW 118 20 217 00 loi m unch ■12 Cassella Chem Verw Commerabank Conti Oumml Daimler-Bens Degusaa Demac212 words
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Article182 1982-01-29 8 jan n FTux-s Actions Sulaaes 244 -3 Alusulase Br 825 -IS Alusulsse Ref 2*3 Brown Boferl Br 1030 -35 Ctba Oel«j Br. 1256 -IS Cite Oelfj PC MO -IS Cite Oetfj Rec 544 unch Credit Suisse Br 1970 -25 Credit Suisse Rt| 350 -S Elektrowatt Br aoo unch Oeorje182 words
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Article104 1982-01-29 8 JAN 27 Lire Bastofl 136 -3 Bel unch Cenlrtle Ord 5260 10 Cond Arqua Roma 203 unch Ertdanla ***** 30 Flat Ord 1630 9 Oenerall *****0 •560 nim 2MW Ifl Prlv 3270 10 Invest 2640 -IS Italcementl Ord ***** -640 Italgai 961 -3 Le petit Ord ***** 50 Mediobanca104 words
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Article191 1982-01-29 8 JAN 27 Cf AblUbl 21 A1 r%n 23 A If oma 41H H Bank Mont 22* Bank Norm ScoUa 23 H H Bell Tel 18 tw Beth Corp BP Can Ltd 4m Braacan Camp Red Lake 13* Can Imp Bk 27* 4H r&np*i* 36* Canpac Int Pf Carting O'Keefe191 words
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Article302 1982-01-29 8 JAN 27 Rand INDUSTRIALS A Alpha 5006 A hereon 417 -J AE And CI «75 unch A MIC 3225 Barlows 1000 unch C« Sugar 1100 unch CNA 106 unch Cum* Finance 290 unch Dp Been Ind Hwfi Edgars Everetdv Fed Volk 5 70 -10 *\ffH aw unch Oardlan Oftenani302 words
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Page 8 Advertisements
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Advertisement245 1982-01-29 8 V Where to wine, dine and entertain U; i W Don't leave home without it. To apply for the American Express Card Call: *****33 /htnivtManif Special Njmwj \Buffet bundim The true Singapore flavour—only $8" Our popular Nonya Buffer Luncheon at a special price. 12 noon to 2.30 pm. Lunn COfTCE245 words
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Advertisement158 1982-01-29 8 f-tf-UAm JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open </tjr/t IJ noun Wp ni xi() p rti 11) .il) p m lor reservations call 7x*****7 V ciiliii n I'nrk SlMTiiloiwSiupi|Mii'r jsssfn H->:. S.ngauo»*' I 'Cf> Te '\***** 01.- M'- >;J nv ANA HOTELS 'ML RNATIONAL Q158 words
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Advertisement169 1982-01-29 8 >'*>+;{,-?*\~$+_~*_*[!;/;@%|:`@ NTi RtSTALRANT Before you fly away to foreign lands, check-in your bags then seek out the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superb international cuisine you've ever tasted. Lunch 12 noon 3 pm Dinner 7 pm 11 pm For reservations phone169 words
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Advertisement168 1982-01-29 8 When you dine, dine Cantonese. i t. 0 o If pleasing your palate is achieved only by eating the l**st. then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine ouLside Canton. And. a standard of service that's exquisitely Hilton. So come. The stage is set for168 words
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Advertisement169 1982-01-29 8 18 good-luck dishes. Yue Sheng (Raw Fish) Pig Trotters with Black Moss "WINDFALL EVERYWHERE" Braised Abalone with Black Moss "PROSPERITY GUARANTEED" Stuffed Mushrooms with Mashad Shrimps "HANDFULOF GOLD" Sweet Sour Meat Balis "SOURCES OF WEALTH FROM BOTH SIDES" Green Vegetable with Shredded Scallop "NOBILITY AND ELEGANCE" furfinil fin I^l ruio169 words
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RAW MATERIALS
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Article176 1982-01-29 9 CHINESE Pradace Exefcaage, Stagap»r«, mm closing prices per 1M kg yesterday. CaCMat *U: 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 $365.00 sellers, Sarawak white pepper176 words
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Article240 1982-01-29 9 SINGAPORE: Yesterday's closing prices in S$ 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, Special240 words
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Article121 1982-01-29 9 SOYBEAN futures in Chicago on Wednesday ran up late on mainly chart considerations, to close up eight to 15'/i US cents a bushel in hectic trade. An influx of commission house and local buy orders as prices neared and penetrated the 655'/4 and 656 cent March-based levels carried values121 words
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Article124 1982-01-29 9 WHEAT futures in Chicago on Wednesday extended gains late to close on top of an eight US cent range, up 5 y«to 8V« cents a bushel. Afternoon strength in all grain and soy complex markets boosted sentiment. Expectations that a setaside programme will be announced on Friday, along with124 words
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Article117 1982-01-29 9 THE STRAITS tin price in Penang yesterday recovered by M 51.85 to $35.5# per kilo, to move back into the ITA's upper sector of $34.98 to $37.89. The rise, the biggest single gain in one day, was attributed to the market over-reacting to London's firmness and to a117 words
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Article29 1982-01-29 9 Rubber: Jan 28 Singapore: Feb: 181.50 cents (unchanged) Malaysia: Feb: 207.50 cents (unchanged) Tin: M 535.50 per kilo (up $1.85) Official offering: 90 tonnes (down 115 tonnes)29 words
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Article86 1982-01-29 9 THE Malaysian Minister of Finance has fixed these rates for the period from Jan 28 until further notice: Rsbber: 202% cents a kilo for RSS One; Cspra: MJ500.00 a tonne; Palm kernel: $955.75 a tonne; White pepper: $3,230.33 a tonne; Black pepper: $2,178.00 a tonne; The rates86 words
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Article1140 1982-01-29 9 NEW YORK STOCKS STOCKS IN New York on Wednesday closed barely higher and analysts said the market appeared to "shrug off" President Reagan's State of the Union message on Tuesday night and focused its attention on possible actions by the Federal Reserve. The Dow Jones industrial average1,140 words
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Article267 1982-01-29 9 RUBBER prices in Singapore yesterday closed quietly steady with February One RSS buyers quoted at 181.50 cents per kilo, unchanged from Wednesday's close, dealers said. Morning prices were marked up slightly on trade and Japanese buying coupled with Inro's reentry into the market. In Kaala Lam par, the malaysian267 words
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Article373 1982-01-29 9 RAS prices In cents per kilo yesterday: Noon Ckne (1 per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f o b. 180.00 181.00N 179.50 180 SON Int. 1 R.S.S February 182 00 183 00 181.50 182.50 Int. 1 R.S.S. March 185 50 186.50 185373 words
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Article127 1982-01-29 9 NOON SSR and SMR prii *a v*at*rd«y RA8 Pebrnary (Carraal Mth) March (Forward Mth) SSR 20 SSR SO (1 -loo pa Baycra Seller* Buyer® Seller* illat) ***** 167 .SON 167 50 169 SON (1-ton pa lilat) 162.50 164 SON 164.50 I66.S0N MRELB February March SMRCV SMR L127 words
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Article772 1982-01-29 9 COFFEE: Robusta futures yesterday finished the morning generally slightly easier with prices between £4 and £9 a tonne below Wednesday's close in actively traded positions. Nearby months, supported by tightness in physicals, recorded lower declines. Spot January advanced between £2 and £3 a tonne during the morning but772 words
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Article162 1982-01-29 9 THE Kuala Lumpur crude palm oil market yesterday ruled steady in moderately active trading, dealers said. For February delivery, south and central oil rose Mss to $947.50 and $940 a tonne respectively. Central region oil for March rose $7.50 to $940 while central for April delivery traded at162 words
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332 1982-01-29 9 Reuter Malaysian crude palm oil (CPO) output is forecast to rise 9 per cent to about 3.07 million tonnes in 1982 from an estimated 2.82 million tonnes in 1981. In its January Palmoil Update bulletin, the Palm Oil Registration and Licensing Authority (Porla) saidReuter - 332 words
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610 1982-01-29 9 THE USE of the Malaysian Rubber Exchange SMR 20 Settlement Contract as the basis for a second hedging grade in the futures trading of rubber in Malaysia is subjected to the final approval of the Primary Industries Ministry. The Malaysian Rubber Exchange and610 words
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295 1982-01-29 9 Reuter RUBBER purchases for the International Natural Rubber Organisation (Inro) buffer stock over the next few months will serve only to sustain prices at current low levels, London rubber dealer Lewis and Peat said in its latest market report. It has beenReuter - 295 words
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Page 9 Advertisements
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Advertisement401 1982-01-29 9 £9 Malaysian Tobacco Company Bhd. NOTICE OF ANNUAL GENERAL MEETING GIVEN that the Twenty-Fifth Annual General Meeting of Malayan Tabacca Company Berhad will be held at the registered office 11 J Sungai Besi, Kuala Lumpur on Wednesday, 24th February 1982 at 11.30 a.m. for the transaction of the following business:-401 words
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1289 1982-01-29 10 '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 Acma (2308 2368)1,289 words
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Article96 1982-01-29 10 DIAMOND MOT 8TOME (NiMpn 1 prima taiwai Diamond S'pore Fd (VSt) 0 80 0.85 St 1.78 (Dec)(today) INCOME BOND UNIT Income Bond 1 41 1.88 MAU BIMIPITBA (Ma—pW prices tae iaa a> First B'putra SCO 5 66 Second B'putra 4.82 4.87 Third B'putra 4.23 4.28 Fourth B'putra 43296 words
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Article2801 1982-01-29 10 Gr*s Gr*s Net Last Dto Dlv Y*M P/E Vol Day Hlgk Low CoayuT Sale +or- Crr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 404 248 Aetna 284 145 34 5.1 10.1 lift lift Aicom 119 m 4-8 24 4.1 194 360 130 Allied Choc 217 -1 7.02,801 words
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Article1677 1982-01-29 10 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. IMMSTWALB AjtaMMto 13 528) 41cm (1 365) (C) 1.40 (I) 1 391,677 words
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Article225 1982-01-29 10 PET AUNG Tla: Fifty-sixth AGM to be held at 1st Floor, Straits Trading Building, 48, Leboh Pasar Besar, Kuala Lumpur on Jan 29 at noon. THE Straits Times Press (IVK) limited: AGM to be held at Supreme House (11th Floor), Penang Road, Singapore on Jan 29 at 12.30225 words
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Article812 1982-01-29 10 THE STOCK market yesterday greeted the Year af the Dag with a yawa aad a stretch, lastead sf a hark. The heliday meed still Uagered la the air as Cldaeae New Year revellers straggled to clear their headß sf the aftermath aI eelehrattoas. Nat everyMke812 words
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Article590 1982-01-29 10 IN STARK contrast to last Friday's bullish closing across the board, share prices lost ground in another bout of drab and listless trading on the Kuala Lumpur Stock Exchange yesterday. The volume of activity, too, was affected, shrinking to only 3.09 million units valued590 words
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COMPANY NEWS
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Article539 1982-01-29 11 MAUDRENE NITHIANANDUM - By MAUDRENE NITHIANANDUM WITH its reconstruction in October 1980 and the subsequent disposal of its mining assets, Tongkah Harbour Tin Dredging Berhad is now mainly an investment holding company. The company, which ceased its own mining operations in October 1980, now receives mining income through539 words
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Article158 1982-01-29 11 MALAYSIA Textile Industries (MTI) has confirmed that its proposed acquisition of plantation company Agaliem falls within the ambit of listing requirement 4 (8) as a "very substantial acquisition". This is because the new MTI shares to be issued as part consideration of Agaliem constitute 36.05 per cent of158 words
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1717 1982-01-29 11 SIOW LI SEN - Market Talk... By SIOW LI SEN JAMES Capel I Ca says the expansion policy pursued by the Malaysian government this year will benefit infrastructure stocks, in particular. In its International Equity Market Outlook, James Capel named Traeters Malaysia, United M«Ur Warks and1,717 words
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Article273 1982-01-29 11 Date La at Pall Yet tr Caopuy Ported Aawced Net EPS Gross Pre-tax last year (ceats) Dlv. Preflt H Royal <%) (Itti) F 18/12 5.9 819(c) San Holdings I 20/12 797L OUS F 2/2 5.0 2,491 Shangri-La F 3/2 16.6 12.5 25,256 NBT I 10/2 5.0 7,332 Prima273 words
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ASIAN STOCKS
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Article253 1982-01-29 11 HONGKONG STOCKS IN Hongkong yesterday closed lower on the first trading day after the Lunar New Year, while volume was only light, brokers said. Traders hesitated to take positions as they were unclear about which direction the market will move, and the market was generally featureless. The253 words
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Article335 1982-01-29 11 THE attraction of weakened major mining stocks enticed bargain hunters into the metals sector, pushing up prices of leading resource stocks in Sydney yesterday. At the close of trading, the main market measure, the All-Ordinaries index, was 1.9 points up at 542.9. The metals index rose335 words
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Article393 1982-01-29 11 SHARE prices in Tokyo yesterday fell with sentiment overshadowed by Japan's trade conflicts with the West and the yen's fall against the dollar, dealers said. J£e market average lost 22.70 to close at 7,903.85 on a light volume of 350 million shares. The Tokyo stock exchange393 words
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Article103 1982-01-29 11 SHARE prices in Bangkok yesterday closed generally steady in slow trading as quiet sentiment prevailed through the session, dealers said. The Book Club index dropped 0.20 point to 94.09 on a turnover of 3.4 million baht. jan a Bah la Asia Fibre Ajruthaya In* And Trust 06 unci) -a103 words
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Article59 1982-01-29 11 FINANCIAL TIMES INDUSTRIALS Wednesday 568 9 Tuesday 568 9 Week Ago 545.8 DOW JONES AVERAGE INDUSTRIALS Wednesday 842.66 Tuesday 841.51 Week Ago™ 845 89 H.K.HANG SENG Thursday 1398 30 Wednesday closed Week Ago 1380 46 AUSTRALIAN INDUSTRIALS Thursday 088 9 Wednesday 688 0 Week Ago 6B2 4 ALL59 words
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Article77 1982-01-29 11 THE Manila stock market yesterday closed easier. jam a Fan Mininc 0015 uncb AUM Con. A BMUlo OOM SOU -0.00BB Bencuct Con. «t 4 1 Br ftonrlnrh CDCP im uncb I Ltputo B 1005 uncb liirtntfuqut B oo unci) Oriental A Often UJ B an -COM Phil Ownm 02377 words
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Article800 1982-01-29 11 LONDON, Wed. Gold shares were Arm while elsewhere the market was narrowly higher. The Financial Times Index closed unchanged at 568 9 points. Gold shares were as much as US$3 higher, as in Amgold, after the bullion price rose above $380. Leading equities, however, generally failed to hold800 words
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Page 11 Advertisements
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Advertisement414 1982-01-29 11 GOLD or STRATEGIC MINERALS A humorist has quipped that "gold is a form of primitive money that evolved after it was discovered that livestock made a mess around the house and iron was too bulky to carry around," a commentary that has stood the test of the time. Gold bugs414 words
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Advertisement156 1982-01-29 11 r Investing in Stamps: Advice you can rely on ssoc SiOO T R 125 yean experience has tended to give Stanley Gibbons a rather old-fashioned sense of responsibility towards investors. They choose the finest material and manage yonr portfolio as carefully as if it were their own. Their history is156 words
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Chief Price Changes
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Article153 1982-01-29 12 Rises MTC 735 25 Pan-El 362 10 Leoag Host 250 10 Dab Yung 241 9 Wunei 338 6 DBS 835 5 S Finance 615 5 Nat Iron 585 5 O U B 525 5 N B T 229 3 uor 408 2 Falls Kg Lanjut 530 -150 Keppel Sbip153 words
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Article, Illustration165 1982-01-29 12 Rises Kamunting 430 30 Rahman Hyd 560 25 Esso Ord 670 20 Pengkalen 1520 20 S'gor Dredge 550 15 Kg Lanjut 590 15 Wearaes 372 12 Paper Prod 290 10 Pan Electric 390 10 Raleigh 660 10 Falls T Langat 1210 -40 Malex 476 -20 M B F165 words
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150 1982-01-29 12 BOUSTEADCO Singapore has acquired a 60 per cent interest in Par Golf, a company retailing sports and leisure goods. The consideration for the purchase is not known. Par Golf was set up in 1975 and has the agencies for Maruman golf equipment, Austral Golf150 words
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Article184 1982-01-29 12 is 28,687,504 shares of S$0.50 each. AT the end of the fourth quarter of 1981, the percentage of issued share capital owned or controlled by foreign persons for Uaited Overseas Bask Limited was 16.78 per cent, Uaited Overseas Insurance Limited, 11.41 per cent and Uaited Overseas Finance Limited,184 words
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Article670 1982-01-29 12 HSUNG BEE HWA - IB®» Companies Editor: Mano Sabnani By HSUNG BEE HWA PAPER products group SPP Ltd expects group pre-tax profits to be in the region of $3.5 million this year, representing a gain of more than 50 per cent over its record earnings of $2.24 million670 words
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Article, Illustration261 1982-01-29 12 MR Chandra Das, managing director of Intraco Limited, has been appointed to the board of directors of Neptune Orient Lines Limited from Jan 27. In a related development, Mr Lua Cheng Eng, managing director of NOL, has also been appointed a director of Intraco with261 words
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728 1982-01-29 12 BANK Rakyat, recovering from a position of nearcollapse in 1976, plans to issue bonus shares to its members this year. If approved, the bonus issue will represent the only investment return to be received by its shareholders since 1976. The bank last paid dividends728 words
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Article427 1982-01-29 12 MALAYSIAN Tabacce Co (MTC) ku declared a wMely aatidpated scrip tame of im-fw-tw» which will Increase the cam paiy's paM-ap capital by $35.1 mllliea to a hefty $1164 mllliea. 11m baaas issae aaaaaaced yesterday will capitalise $35.1 mllliea from the reveaae reserve accaaat aid lavalve427 words
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Article684 1982-01-29 12 mm mrn^ by HOCK LOCK SIEW MUCH has been said about the adverse trading conditions faced by plantation companies in Malaysia in the past year and now as a result of prevailing recession worldwide. The results of several listed plantation groups have likewise reflected the general downturn inby HOCK LOCK SIEW - 684 words
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LATEST RESULTS
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91 1982-01-29 12 bas reptrM remits far Ike taterlm to Sep M, IMI. Pre-tax pram feU 53.8 mm rxmt to $342,647 tram $741,4« the prevtoas first half. Tara- ver wai alra tower wttb graas pracooda fram rabber ■aim aawa M.4 per eeat to frMD $1,437,4». Warimii Imvestmtmtß91 words
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Page 12 Advertisements
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Advertisement147 1982-01-29 12 FINE CHINESE ANTIQUES WORKS Of ART KWOK GALLERY Pt*. Ltd. 101-103, FIRST FLOOR, FAR EAST SHOPPING CENTRE ORCHARD ROAD. TEL *****16 THREE GENERATIONS OF EXPERIENCE SINCE 1918 NOTICE SALES REPRESENTATIVE U.S.A. company established in 1904 seeks representative or distributor to sell first-class GOODYEAR ROOF COATINGS as well as other building147 words
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Advertisement84 1982-01-29 12 COCKTAILS? The Holiday Inn has a way of turning out the finest at cocktail receptions. And making important occasions impressive celebrations. With splendid service and a superb range of sumptuous spreads. Accompanied of course, by the usual drinks and our to keep your guests in V—us see to the arrangements\84 words
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Page 12 Miscellaneous
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Miscellaneous59 1982-01-29 12 OUTLOOK for Singapore today: Mainly fair, possibility of showers in the afternoon. Report for 24 boon prior to 7Jt pm on Ju 28 at the airport: Maximum temperature 31.9 Associated humidity 52 Minimum temperature 23.0 Associated humidity 89 Hours of sunshine 10.90 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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391 1982-01-29 13 THE SHIPPING community Jus expressed their support for the formation of a registry of shipping agents in Singapore. However, they emphasise that in order to be effective the registry must be given enforcement powers and it must not restrict the entry of legitimate agents.391 words
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778 1982-01-29 13 G DURAIRAJ - By G DURAIRAJ THE SUPPLIERS of Swissmade Trinicon flexitanks in Malaysia, Boustead Shipping Agencies (BSA) Sdn Bhd, are confident that the bag system which is being offered for transportation of rubber latex will gain popularity rapidly for economic reasons. BSA managing director, Mr778 words
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PORTSIDES
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Article119 1982-01-29 13 AFP A FIRE raged recently on a Norwegian tanker at Kawasaki Port, south of Tokyo, killing one crewman, while it was unloading about 220,000 tonnes of crude oil. The blaze was put out in about 90 minutes before it could spread to the cargo holds, while theAFP - 119 words
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Article103 1982-01-29 13 AFP THE HONGKONG Customs Department has drawned up a US$l7.B million plan to combat smuggling at sea and to cope with other shipping activities. The plan will include the building of 14 additional marine launches and recruitment of 120 staff members, said the Star newspaper. Quoting the HongkongAFP - 103 words
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Article737 1982-01-29 13 Sliipptag Llae P»gf (M Shipping Um Page CM Arhipelego Shpg VI 3 Klma m 4/s Adriatic Cool DC l Everett Orient IV 4 Mem VI 3 Evergreen IV 3 Afro-Eurasia VI a Feaco vn 4/5 Alfred CT VI 1 Flotta Lauro V 5 All trans vn 4737 words
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Article317 1982-01-29 14 WITH a relatively new 22-hectare harbour on its hands, Larnaca, Cyprus is out to gain a share of the Eastern Mediterranean transhipment trade. The largest customer so far has been Evergreen Lines of Taiwan which began shuttling in its big container ships from the Far East through317 words
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Article393 1982-01-29 14 VESSEUj Open: Kwang Korean [lag class KR/ABS built 1967 5845 dwt- bale grain 7.216/ 7,661.13M3 free Medan Jan 27 1982 seeking suitable cargo. i Dong n Korean flag class KR/NK built 1970 DWT 5841.87 bale erain "13 33/ 7490.27M3 Jakarta Feb s seeking suitable cargo. Dong Nam Korean393 words
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227 1982-01-29 14 AUSTRALIA has cut another link with its colonial past when it obtained its own shipping register. With the proclamation of the Shipping Registration Act 1981, most ships sailing to and from Australia, which have been operating up to now under the United Kingdom Merchant Shipping227 words
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Article1589 1982-01-29 14 INCREASED coal bookings on Wednesday out of US east coast ports featured an otherwise dull freight market the activity reflecting the continued strike m Queensland and New South Wales which is I mptin Japanese consumers to switch demand to the I a^^S'^ n,theSame>real?Bo,lao >a d Meanwhile, iron ore1,589 words
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925 1982-01-29 14 PHILIPPINE shipowners h Plying international routes have expressed dissatisfaction over the laws promulgated by the Philippine govisi- ernment to increase the share of Filipino ships in the country's trade. '.iN- These laws, while emj*/ bodying their sentiments, have proved to be ineffec'ed tive925 words
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Article231 1982-01-29 14 MAJOR European lines sire poised to announce orders worth about USJ2BO million for seven container ships. The ships will be needed for the trade between Europe and the west coast of South America. The orders will probably be announced next month at a final owners'231 words
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Article352 1982-01-29 15 A US|2.2 billion claim from the French government for damages arising from the Amoco Cadiz disaster has hit a snag. A Chicago court has been asked to throw out the claim because the French are refusing to produce information about the official investigations into the disaster. The352 words
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493 1982-01-29 15 UPI MORE THAN a year after the sinking of the ferry Tampomas-2, which claimed at least 666 lives, the cause of the tragedy and responsibility for the massive death toll have still not been fixed. The tragedy occurred on the night of Jan 25. 1961, whenUPI - 493 words
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436 1982-01-29 15 THE UNITED States has given its blessings to a historic settlement absolving major shipping lines from anti-trust lawsuits. The decision, which stopped what threatened to be one of the longest and most costly legal battles in the maritime world, clears the decks for436 words
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Article229 1982-01-29 15 AP THE stranding of the Überian-registered freighter Pacific Charger near the entrance to Wellington Harbour last April 24 has been attributed by a formal court of inquiry to bad navigation and bad seamenship by its master. Captain Ruey Yang Chkw. The vessel was on its maidenAP - 229 words
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5988 1982-01-29 20 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 of5,988 words
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Article609 1982-01-29 21 PSA CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Date/Time Operator Godowns for LCL Cargo FCL Movement Schedule Mode Maersk Rando Jenwel Nordbay Ace Concord Hakata Maru Ever Humanity Largs Bay Arild Maersk Benavon Australian Maru Ever Vigor Asian Pallas Family Ace Bunga609 words
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Article1635 1982-01-29 21 The leading shipping lines operating from local ports and their agents. A-B Arkipeieg. shpg Singapore Shpg Agencies (S) Euro-Asia Line (PN KL PK). Adriatic («ataUcr ContinenUl Feeders (S) Cargo Freight (PK) AFEA Singapore Shipping Agencies (S)/ Euro-Asia Line (PK PN). Um Transgroup Pie Ltd (S). A!1,635 words
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1160 1982-01-29 22 Fairplay A STORM is brewing in France at the moment over the new Socialist Government's decision to hold tariff increases down to 10 per cent, despite pleas from some of the larger port authorities for more significant increases to meet growing deficits. Among theFairplay - 1,160 words
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Article181 1982-01-29 22 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 Line.181 words
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Article, Illustration430 1982-01-29 22 ARRIVALS KEPPEL WHARVES Atrevida (1500 after Samoa) 31/32 Eizan Maru (0700 after Fukuzaki Maru) 19 Kota Jade (after Kota Sabas)B/9 Kimanis (0600) 21 Kim Soon Li (0700) 22 Wah Fai (1800 subject freeboard) 29/30 CONTAINER TERMINAL Bunga Angsana 53 Bunga Dahlia 49S Cornelia Maersk 54 Ever Promoter430 words
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Article259 1982-01-29 22 UPI THE DISABLED Liberian tanker Arhon, the crew of which reportedly mutinied earlier this week, was under the control of its captain and was being towed to Halifax, a Transport Canada spokesman said. The vessel, loaded with crude and fuel oil, was headed for New YorkUPI - 259 words
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Page 13 Advertisements
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Advertisement558 1982-01-29 13 The Straits Companies 1 Times Activities, Key Personnel, Agencies DIRECTORY Singapore (Buku Merah) J A RI) 1\ I A I \H Orient Overseas Co*UuMesi Line FULLY CONTAICHSED SERVICE TO EUROPE (VIA SUEZ) KOREAN lACEJM 13* 7/2 H. KONG CONTAKR 29* 15/2 |*ct concord m 22/2 CMEVALD PU 30* 21/2 ICJCKAIO558 words
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Advertisement362 1982-01-29 13 fSSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES 3: ir 1 Dubai (3/3), Abu Dhabi (6/3), Dammam (9/3), Bahrain (12/3), Kuwait (15/3), Shuaiba (18/3) Mina Qaboos (19/3) Kuwait (22/3), Dammam (28/3). Bahrain (31/3), Doha (3/4), Abu Dhabi (6/4), FULLY CONTAINERISED SERVICE arfo acceotable jntransit JEBCL All V.20 6/2362 words
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Advertisement27 1982-01-29 13 rams LONDON Freights n/m ORIENT Exchange jj shipping Schedmie vni CONTAINER Schedules IX WHO Acts (»r Whom IX SHIPS In Pert X CONSORTIA X REGIONAL Weather X27 words
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Advertisement415 1982-01-29 13 \M\Uss^ Times Penochcafc Put*cai>on "p) SINCiAFUIU-'. business FOR i PEOPLE WHO MATTER MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS 5E5531 Sia«aporc |Longbeach[New York J Philadelphia Saied 1-2/2 8-9/2 15-16/2 22-23/2 1-2/3 «-»/3 15-10/3 I LAW* Charleston 7/3 14/3 21/3 21/3 4/4415 words
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Page 14 Advertisements
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Advertisement1080 1982-01-29 14 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 2) Rdam 3) H'burg 4) Gbtirg C—Uwor Strike UEu~. feeder f Ketone Vessel S pore 1) MseiDes 2) Rdam 3) H'burg 4)1,080 words
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Advertisement295 1982-01-29 14 SUPERCARRIER SERVICE FROM: US GULF— US ATLANTIC EAST CANADA L I MI OrtlM I HMm ~Luk I I II Talk > It.L^. f "«l Mi aril CAm «/l 2/2 M/ 2 13/2 IV2 25/2 2/3 *»/3 1/3 *nn *2i/3 *24/3 «2V3 t/4 1/4 7/4 7/4 •JTZZSTJiKV ,/z/R "NANNSR MENESTNEUB" «/2/C295 words
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Page 15 Advertisements
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Advertisement901 1982-01-29 15 The Straits Steamship Group QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok A Joint service of Ben Line, Ben Ocean Blue Funnel, Glen Line sndNSMO CONTAINERSHIP SERVICE TO UK/CONTINENT Spar* PXtte* K/2 M/ 2 11/2 12/2 17/2 11/2 R-tan L* Hawt S'ta 25/2 27/2901 words
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Advertisement349 1982-01-29 15 fig Franco Belgian Services Iy■'yi hr. ,ch >' ict Ii r .lie t rr I \re< tmsmm P REIMS Ultm Ida* Hta| rHnia t'np AQ nrrnqfi ROKMIMCUR 7FA IF* X fet 77 Fa* 3 Ifar 4M* IM* CKfU) PIW m amma isf* it Fat ik> 7m* um* mm* ocvmbrou KfCORCOB349 words
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Page 16 Advertisements
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Advertisement600 1982-01-29 16 Hapag-Lloyd '0 CONTINENT UK EXPORTS S pore P Kelang S'ton H burg 2/2 28/2 22/2 8 2 4/3 26 2 8/2 11/2 13/2 17/2 18,2 24/2 26/2 9/3 11/3 16/3 18/3 B haven Rdam Antwerp 24/2 25 2 ?B'2 1/3 20/3 21/3 24/3 accepting transhipment cargo lor CARIBBf AN WEST600 words
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Advertisement380 1982-01-29 16 i Miv AavA KOREA SHIPPING CORPORA HON S TORE P. K elanj PENANG ALTAR 171W Saied In Port 31 Jan-2 Feb FROM BUS* BANGKOK ALTAR 172E Saied In Port 31 Jan-2 Feb TO BUSA VEGA 169W 12-14 Feb 15-17 Feb 18-20 Feb FROM BU BANGKOK VEGA 170 EL 12-14 Feb380 words
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Advertisement636 1982-01-29 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE accept* ra i ici cargo fcr S r? Mw*»| I elisine Rottectwi Antwerp le Hint f 1., i 1/1 VJ 7/3 9/3 ,2'? 11/3 11/3 IS/3 1/3 w/j J 3 X ALSO ACCEPTING ICI/FCI I FCL/FCL TO: *LS»S U L G rur A^2L™ COPtNHAG£N636 words
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Advertisement1030 1982-01-29 16 Everett Lines LOADING FOR RANGOON Sp»« MKq fwsHWGT.imi* mmmirn ?/«F«4"** J/11 Feb mo€T *i tc t W» T r| Kirv. 3. M ,a >" s 0 BOUSTEAD shipping C^Y ANG *****1/8 Compana A/ftntint 0* Wevsewen InltfCimraMtil S A CI f. "ARGENTINE national lineLOADING FOR DURBAN MONTEVDEO BUENOS ARES Spare ACONCAGUA1,030 words
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Advertisement387 1982-01-29 16 aiUfnnu nflitgj, Miday, J&aoary 1182 OCEAN SHIPPING ENTEBPfIISES PTE LTD SANKYO LINE japan/straits service A/USO MARU MSB VISCOUNT nan KORTU GARSA SATU T/USHOMMU OCEAN RESOURCES PAZ ESTRELLA SUN LH MARtI MARU Nwnj S4/2 30-3P/1 *-7/2 1-1/2 S4/2 M/ 2 IHS/2 20-21/2 13-14/2 IS-IC/2 21-22/2 23-24/2 w VEROMCA FUKUSHMA I OCEAN387 words
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Page 17 Advertisements
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Advertisement1053 1982-01-29 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIOAH. JEOOAH AO ABA (Reefer Cntrs Acceptable) 1! wr Bsni S'PORE COLOMBO I HOOEIOAH JEOOAH AQABA I COLOMBO 3 I 10 11/4 1 13-14/4 I 24-25/4 I 29-30/4 4- 5/5 12-13/5 I 15-16/5 I 18-19/5 29-30/5 3- 4/6 Accepting LCL Cargo to Colombo,1,053 words
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Advertisement836 1982-01-29 17 rTTr BENLINE CONTAINERS EXPRESS CONTARER SERVICE TO/FROM EUROPE S-m» Pll mr H B N HAVW SOTON S|W* P KetoflfWGcraaftj/ AustriaAnt«trp FranctAAUK •to* Rm| f iprns NaM»| Eiprns TA» Uprtu V 2 11/2 11/ I \m it/2 25/2 22/2 J/J «/J 12/3 14/1 N—/6—■ Hm Bha.tr> R dam Havre U frntf836 words
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Advertisement757 1982-01-29 17 to I V H i# i L V V lit 9 I t Scan Dutch 9 WEEKLY EXPRESS CONTAINER P WW) ftawt tete I Mix I OMtM KWMU MPwl SM ncom t/2 K6CMII/2 J)M-tar|4)Ckw| AccmMi to I) Sjrcakyu Gam. Utftoa 7) Mtfrtan ImmpHt Imtm (T4torr). Cwvv Ml 3) B>«m* Braaattown757 words
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Advertisement563 1982-01-29 17 P»ge V It 1 f M I yl >1 5] I j'j 41 S'l d n i BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK (ACCEPTING CONTAINERS ONLY) CLYDFRAW*. R DAM HU «-L HMBG CLYDEBANK* 12 Feb 9 Mar 12 Mar lAu n rrtDTUßiuv 1-t 'f**" »o Mor563 words
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Page 18 Advertisements
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Advertisement317 1982-01-29 18 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA FWXM Kcssas* K 9 WTtO *SSELS I* LA ARABIAN GULF •AUSTIAUA MARU VIS/170 M/ 2 Dubai, Oatn m, Mma Qaboos •*IOHGO MARU Vl7/171 M/ 2 Dubai, Damm, Kuwait KAZUKAWA MMU Vl5/17 17-17/2 Dubai. Dam'm. Kuwait. Mtna Qaboos (Containers317 words
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Advertisement480 1982-01-29 18 CALIFOR KM/PACIFIC MOTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lu*( tar: lOS ANGELES. SAM FRANCISCO SEA ITU, TACORM. VANCOWO. O.C. Accept FCI/fa Minn -..m- ',XT SO" \>V AUSTRALIA EXPRESS CONTAINER SERVICE Acctpfei Fa/Fa Mwn NEW ZEALAND SERVICE lM*( tar. AkUwN. Wifcjlw. Lftttata* t* Dm*/*. Pen** P I JAPAN SERVICE PMM| f.480 words
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Advertisement581 1982-01-29 18 r~ SINGAPORE SHIPPING AGENCIES PTE. LTD 20TM F LOOR OCEAN BUILDING SINGAPORE 0104 MARKETING 9111?? (3 LINES) GENERAL *****1 114 LINES TERMINAL Of f ICE *****83 TELEX RS ?«b96 RS 7SS6B A B CARSHIP CABLE CAHGOSHIP Graf Container Lines 2 SAILINGS A WEEK to/trom BANGKOK store toPV29toa kn/»la 2/3 FA581 words
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Advertisement673 1982-01-29 18 KORINS MARITIME SERVICES K Room 601 ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDU EAST/RED SEA/EUROPE SERVICES Q iHvundae Shipping Co. Lid. ASIA MERCHANT MARINE m GOLDEN LINE GUN MAN SNPPMC (PTE) LTD T«t HwXI ta* M*| M Cad Stwat smcapok oio* i«t hut* <u673 words
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Advertisement686 1982-01-29 18 y INTRASEA (PTE) LTD UN Suite 2616 International Rn Singapore 0207 Tel *****11 ilOLneS' BREAKBULK SERVICE TO EUROPE/UK REGULAR BOEFENDENT BREAKBULK SERVICE TO EUROPE/UK S port F. Ktton( Penary LaadMc far ARtON ***** I«FeA IS Fab BOULOGNE/RIMM/ UK (AVON) FULL CONTAINER WEST BOUND SERVICE FULL CONTAINER EAST BOUND SERVICE FULL686 words
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Page 19 Advertisements
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Advertisement568 1982-01-29 19 TO EUROPE/UK (VIA SUEZ): K JACEJM 13W4-..... W CONT/UPO 29tH. A CONCORD 3W C PAUL 30# C ROZE 28W 26/2 6/3 12/3 17/3 24/3 Also accepting cargo to/from Scandinavia K IACEJIN S'pore Closing Times. FCL Cargo 0300 6/2 LCI Cargo 1500 5/2 FROM EUROPE (VIA SUEZ) Havre A CONCORD 2E568 words
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Advertisement607 1982-01-29 19 MALDIVE LINES ETA ETA ETA STORE KUANTAN PORT KELAN6 MALDIVE COURAGE 4/2 Loading For Dubai/Kuwait/Ka rachi MAUWE NOVEL 2/2 Loading For Hodetdah/Jeddah MALDIVE NAVIGATOR 31/1 Sailed Sailed Loading For Salalah/ Dubai/Kuwait MALDIVE PEACE 30/1 Loading For Oar E Salam MAIOIVE MPORTER hi Port Loading For Male BARBARY 3/2 Loading For607 words
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Advertisement766 1982-01-29 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Sinjapore 0104 Telephone Numbers *****3 (ID LIXS) Cable Address SINSOV SMGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAWM! WAN SOON SON BHD IST AND ?NO FLOOR NO 1 iaian cfmpfnwg post kianc malaysm766 words
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Advertisement60 1982-01-29 19 A •A, MOUNT FABER ROAD BMQAPORE 0408 TEL: 224*718/9 REGULAR FCL/LCL SERVICES TO AUSTRALIA, NEW ZEALAND, HONG KONG SDN. BHD EXPRESS TO BINTULU sm IONC MTU (Ml 1M) 1* 4112 sniONG ura <m IMS) mr n nit? «CC«M>V >**ry *t to torn of tor ■*iilii it total Mm Agents: JAMBATAN60 words
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Page 21 Advertisements
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Advertisement248 1982-01-29 21 m EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT SUEZ PORT SAID ALEXANDRIA) ST<* n.SUB riMD AUXMUBA SLiU 211? Mr» Aprl *3 »wn U W2l Apr IS Apr 30 Iky 3 May Cargo Booking* W—— Phono ******1/2 DIRECT LINER SERVICE FROM EGYPT Miosis SINGS WIST MSI248 words
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Advertisement273 1982-01-29 21 ft JOHORE SHIPPING Un 153 JALAN TENGKU BADAP PORT KEI ANIC. SELANGOR MALAVSIA HAYATI V: 2/12 HAYATI V: 3/12 HAYATI V: 4/S2 HAMDAH V: 2/82 HAMDAHV: 3/S2 HAMDAH V: 4/12 MM V: 3/82 HAJ SHIPPING SDN. BERHAD Express Umtload Service from P. Ketone East Malaysia A Brunei P. KEL AUG273 words
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Advertisement329 1982-01-29 21 -TV/V// c'.- V Agents for P T SESURI U.OTD P T BAMARI BAMHRA 304 M 5 3rd Floor Otior Bid* Ttot TO BSSM tSttfl *****29 A SJUGAPORE/NXHESIA SERVICE 1 PRAsrriA. n* no IOMMC FOt: 4 Feb 5 Feb Marts 10 Feb 15 Feb Surabaya/S«maran(/ Banjarmasin ki Port 1 Feb —do—329 words
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Advertisement277 1982-01-29 21 FRANSMER (CROUPAGE) SERVICE F'ommff Services (S) Pto Ltd Unit B. 4th Floor (05-02) a*og Oiwoo Hoot Indwstrwt Buildmg, 12, Arumuoom Rood, oM Po r o Lobar Singapore 1440 J.O. So. 519 Singapore 9146 Tol: *****66 (5 lines) Tele. RS ***** FRAME* FCL/LCL SERVICE TO AUSTRALIA Colling ot> Sydney, Melbourne, Brisbane,277 words
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Advertisement115 1982-01-29 21 fp> PRACHT (MALAYSIA) Pracht SDN. BHD. REGULAR CONTAINER SERVICES TO SOUTH EAST ASIA 8. JAPAN VU- fj.t M l K ><* HONGKONG. TAIWAN. MANILA COLOMBO BOMBAY. KARACHI 8, BANGKOK f txMjh pis I .*ll rn <(").' (v niß P-u; <)4 2\7b ifi 073 ***** ?7 1 .*>?> Europe. Australia. United115 words
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Page 22 Advertisements
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Advertisement414 1982-01-29 22 NOTICES Dm< SUE UNE M.V. DONG KIN VOV. 18 arrived 8/1/tt AT PP* m General Survey on damaged cargo discharged ex the above venel wUI be held on Monday Ist February, 1982 as from 9.00 am to 12.00 noon. No further survey will be held after this date. WOBLD-nDE*PACIFIC MARITIME414 words
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Advertisement369 1982-01-29 22 Are you making full use of the Shipping Times as an effective selling medium? Tel: *****44, Extension 351 For further enquiries coll Tel *****2 Ext 38 or 39 Times Centre f Tim f» t Financial Publications Sdn Bhd 1, New Industrial Road Singapore 1953 I IIVWS 3| Jalan Riong, KL369 words
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Advertisement242 1982-01-29 22 w PERKAPALAN LAUTAN BtRU SDN. BHD. PO Bo* 220 fkou Krubatu Sabah ttCUOUt UNR snvia Sabafi Sarawak Bangkok Sngaporr Port krUi^ Vessels Penang P.Klang S pore Loading for LAUTAN RAM V.l/ 82 24 Jan 12 In Port KK LAUTAN ENAM V.l/S2 In Port 30 Jan 12 Sandakan, Tawau Stegaparc: SEALION242 words
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Page 22 Miscellaneous
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Miscellaneous159 1982-01-29 22 1 Regional Weather r i Si r J Li I A A > ck 1 > z y~. C Win< Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather w >nd direction with speed159 words
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