The Business Times, 6 November 1980

Microfilm: NL10816
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    9 1 BUSINESS TIMES M.C.(P) No. 111/1/8« THURSDAY, NOVEMBER I,IIM 50CENTS
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  • BRIEFLY...
    • Article
      Lock icon New company
      80 1 Reuter JAKARTA, Wed. The Indonesian government will shortly set up an engineering and conduction consulting company which will be given preference over foreign companies in drawing up feasibility plans for government projects, cabinet spokesman Sudharmono said today. Speaking after an economic cabinet session, Mr Sudharmono said the Indonesian
      Reuter  -  80 words
    • Article
      Lock icon On conflicting claims
      58 1 AFP BANGKOK, Wed. Officials from nine East Asian countries have opened a two-week meeting here that will touch on conflicting claims to offshore oil deposits. The Committee for Coordination of Joint Prospecting for Mineral Resources in Asian Offshore Areas will also review the progress of member countries
      AFP  -  58 words
    • Article
      Lock icon Minister's visit
      68 1 AP JAKARTA, Wed. Indonesian Minister of Research and Technology B J Habibie said today he will pay a 10-day visit to Japan starting Nov 13 to discuss cooperation in economic development. Dr Habibie said he planned to visit aircraft industries, a shipyard, electronic and armament industries, solar energy
      AP  -  68 words
    • Article
      Lock icon Boost for exports
      77 1 AFP MANILA, Wed. The Philippines' nickel, gold, copper and sugar exports for the first nine months this year posted over 100 per cent growth over the same period in 1979 to boost the country's export earnings during the period by 27 per cent. Statistics released by the
      AFP  -  77 words
    • Article
      Lock icon Scourge of anaemia
      58 1 Reuter JAKARTA, Wed. More than 12 million Indonesian children under five are suffering from anaemia because of iron deficiency, the semi-official Antara news agency reported today. Quoting Indonesia's deputy head of family planning affairs, Dr Haryono Suyono, the agency said some 14 million women, and nine million
      Reuter  -  58 words
    • Article
      Lock icon Farmers killed
      66 1 Reuter MANILA, Wed. Sixteen Christian farmers were killed by suspected Muslim rebels in a village of Lanao Del Norte province in the southern Philippines, military authorities in nearby Iligan city said today. They said the farmers were killed in an attack on Tapan-Malimbato village in the mountains on
      Reuter  -  66 words
    • Article
      Lock icon Logging concessions
      51 1 AFP KUALA LUMPUR, Wed. Sixteen companies have been given logging concessional areas totalling over 50,000 acres in the country, Deputy Primary Industries Minister Bujang Haji Ulis said today. He told Parliament the companies included a number of joint venture companies between government agencies and foreign and local companies.
      AFP  -  51 words
  • Article
    Chief Price Changes
    138 1 Rises Pegi Mai* 1400 Syn Retina 855 Bouatead 725 Mega Chem 480 P M R I 1050 B Raya 745 Ialaad A Pen 885 Wearaet 356 P M Hldga 520 City Oev 406 Cflllfi 190 80 60 54 50 50 45 36 30 30 Indices Nov 4
    138 words
  • Article, Illustration
    KUALA LUMPUR
    144 1 Rises Indices Syn Resins 890 +80 B.T. Index: Nov 4 Nov 5 B Raya 790 60 *****.*****18.14 Tronoh Tin 2350 +50 Industrials: 827.89 830.96 Wearnes 376 46 Finance: 1156.98 1163.07 Boustead 735 45 Hotels: 392.46 392.27 Kchai Tin 800 40 Properties: 668.95 679.42 C Sugars City Dev 1240
    144 words
  • Article
    Sisir sells fruit of its research
    593 1  -  EMERGENCY LIGHTING SYSTEM By LILLIAN CHEW BBC Brown Boveri yesterday became the first multinational corporation to buy a locally-developed product from the Singapore Institute of Standards and Industrial Research (Sisir). Although the product, an emergency exit lighting system, is not entirely new, the model
    593 words
  • Article
    Singapore, Norway sign agreement
    257 1 SINGAPORE and Norway yesterday signed an agreement which will encourage and support industrial and commercial undertakings by Norwegian and Singaporean business enterprises and technical institutions. The agreement on economic, industrial and technical-scientific cooperation will be in force for five years after which it will be renewed
    257 words
  • Article
    SIA dispute sent for arbitration
    483 1  -  By FONG MEW LENG THE Minister for Labour has ordered the Singapore Airlines-pilot dispute to the Industrial Arbitration Court (LAC) to stop further heavy losses to the airline and to accelerate settlement of the disagreement. Negotiations between SIA managament and the Singapore Airlines Pilot Association
    483 words
  • Article
    Latest PAP candidate
    331 1 DR YEO Ning Hong, a 37year old professional chemist introduced by the People's Action Party yesterday as its last new candidate (or the coming general elections, described himself as "future orientated". Dr Yeo, who heads the Quality Control and Development Department of Beecham, has been a PAP
    331 words
  • Article
    CID looks into alleged $15m share forgery
    270 1 THE Criminal laveatlgatiea Department is Investigating a purported forgery at $15 miIHM werth af share certificates by a syndicate nsnalstlng ot baslaeasmen, brekers, baak employees aad mastee fsrgera. Ike lavestigatiea was prompted by aa assaymsas letter ts the CID, the Stack Exchanges ef
    270 words
  • Article
    Expediting Batam project
    307 1  -  By FOO CHOY PENG ANOTHER accord on the implementation of the Batam Agreement is expected to be signed by Singapore and Indonesia next year. The accord will cover arrangements on immigration, customs and the flows of goods, people and services to expedite the industrial development of Batam,
    307 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      6 1 TEN I Specialist FUJITSU TEN LIMITED
      6 words
    • Advertisement
      Page 1 Advertisements Column 2
      130 1 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8.000 words each There is a dual
      130 words
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      Page 1 Advertisements Column 3
      60 1 mm. SHIPPING TIMES MARKETING strategy for en- EARNINGS at Jardines dilated dwnlntinMwwww««. MM 2 by parcfcMe.............................. 11 MALAYSIA te relax eeeaamlc LANDSLIDE victory fer RaaaM eeatral gradaally S Reagaa 11 DBS AUTOSAVE wins accept- GOLD price* Mar past UB$9M aacc C ma eaace It AIRCRAFT t, TV AND RADIO f,
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      Page 1 Advertisements Column 4
      0 1 .]+})_.<~".\,,"(=*]!/]<,\??+/^/
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      Page 1 Advertisements Column 5
      167 1 FOR PEOPLE WHO MATTER Business Times wishes all its Hindu readers a Happy Deepavali HERMES SWISS PRECISION rcr j';\ You get more value from the Hermes 808 vl*- .V than any other ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter,
      167 words
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  • PROPERTY & CONSTRUCTION
    • Article
      Selling condominiums
      1365 2  -  Selling a multi-million dollar condominium project demands a comprehensive marketing strategy. In a two-part series, WERNER GEBAUER, executive designate of Executive Manor, a real estate investment and corporate housing company in Singapore, discusses the essence of such a strategy. WERNER GEBAUER MANY company managers still subscribe to the
      1,365 words
    • Article, Illustration
      Adding grace to the Newton skyline
      388 2 THE skyline of the Newton area is fast changing with the increase in the number of multi-storey apartment buildings. A recent addition to the clutch of new buildings is a residential development at Newton Road near the corner of Surrey Road, not far from
      388 words
    • Article
      Apartments for sale
      351 2 LUXURIOUS apartments in prime locations are being offered for sale. The units, at properties such as Futura, Drayeott and Grangeford, are all located in districts 9 and 10. The high-rise apartments boast facilities such as swimming pools, squash and tennis courts and landscaped gardens. Among the units
      351 words
    • Article
      MEMO PAD
      411 2 SEMINARS AND COURSES Nov 7: Effective Report Writing, Hilton Hotel, Consulasia Nov 7: Making New Product Development Profitable, Hilton Hotel, Marketing Improvements/ Consulasia Nov 10: Getting the Most out of Meetings, Hilton Hotel, Consulasia Nov 10-11: Marketing Strategy and Profitability, Hyatt, Price Waterhouse Associates Nov 10-14: Ist World
      411 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      175 2 1 minute 5 seconds telex to U.S.A c m i -.X,, •Ss 1 1£ m M M.;: m m a fa p. •'•#>¥ S v Ha V/**' fsit V < W 'V*"" $14 $f. i v <' J% l?:*™ A ~%i- v -> iJ* The same telex. The same destination.
      175 words
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  • REGIONAL
    • Article
      Lock icon Japanese export letters of credit up 11.7 pc
      406 3 Reuter JAPAN'S export letters of credit received in October rose 11.7 per cent to U557.92 billion from 17.09 billion a year earlier, the finance ministry said. The year-on-year rise was down from a 22.2 per cent September gain. The october total was
      Reuter  -  406 words
    • Article
      Lock icon Saudis may invest oil profit in Japan
      210 3 AP SAUDI Arabia hopes to pump part of its crude oil profits into investments in Japan, the Japanese daily Yomiuri reported. Saudi Arabia's interest in capital investments in Japan was repeatedly expressed by Abdul Aziz A 1 Quraishi, governor of the Saudi Arabian
      AP  -  210 words
    • Article
      Lock icon KL to relax economic policy at later stage
      501 3 Reuter AFP MALAYSIA would bring in a new economic deal, allowing the private sector full rein, once it has achieved its target of correcting the racial imbalance in the economy. Finance Minister Tengku Razaleigh Hamzah said in Kuala Lumpur that government regulations
      Reuter; AFP  -  501 words
    • Article
      Lock icon Chinese ready for ties with India
      121 3 AP CHINESE Premier Wan Li met Indian Agriculture Minister Rao Birendra Singh on Tuesday and said China is ready to develop friendly relations with India. Official Xinhua News Agency said Mr Wan added that both China and India are large, populous and agricultural countries
      AP  -  121 words
    • Article
      Lock icon Malaysia plans study on natural gas resources
      310 3 Reuter MALAYSIA'S national petroleum corporation, Petronas, plans to undertake a study with the aid of the World Bank on the optimisation of Malaysia's abundant natural gas resources leading to a gas development plan, Petronas chairman Tan Sri Abdullah Salleh said in Kuala Lumpur.
      Reuter  -  310 words
    • Article
      Lock icon Concern for Kim
      121 3 UPI THE Japanese government has restated its concern about the fate of the condemned South Korean dissident Kim DaeJung and unionists threatened industrial action against South Korea if his life is not spared. The stepped-up reaction from Japan came a day after a military tribunal in Seoul
      UPI  -  121 words
    • Article
      Lock icon EEC trade with China runs into deficit
      297 3 AFP THE European Economic Community (EEC) trade balance with China has drastically deteriorated, falling to a deficit from a surplus of about US$l.l billion last year. This disclosure was made during the joint commission on EEC-Chinese cooperation held in Brussels on Monday and
      AFP  -  297 words
    • Article
      Lock icon Indonesia to raise LNG export to Japan
      408 3 AFP INDONESIA, pleased with a US$5OO million loan offered by Japan for energy development, has agreed to raise the export of liquefied natural gas (LNG) to Japan with an additional three million tons annually. The agreement was reached in talks between visiting Japan's
      AFP  -  408 words
    • THE REGION IN BRIEF
      • Article
        Lock icon LOAN FOR CHINA
        486 3 Agencies JAPAN has agreed to supply China with low-interest loans totalling 56 billion yen (US$265 million) in fiscal 1900 ending next March for si* development projects there, Japanese foreign ministry officials said. The agreement came after discussions at working level which ended in Tokyo last week, attended
        Agencies  -  486 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      109 3 O A /If I /AD C Aljunied Road Tel: *****32 Bukit Timah Tel: 4680 IVlvy JL Leng Kee Road Tel: *****71 Orchard Road Tel: 33< A memorandum from the backseat of a Toyota Crown. T-i&K Cltff&HJL u tfdL &tcz, £c £LSL C\&UJ>V fa'dtL cuut> CLUOMj. (Styjt Xittb t^Z^CiLui^ W&u tkL
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  • RAW MATERIALS
    • Article
      Lock icon Raw sugar prices on uptrend
      355 4 AFP SPOT raw sugar prices equalled the recent sixyear high on Tuesday when quotations jumped £15 to £405 a tonne. In the past week prices rebounded by £40 or more than 11 per cent, reflecting the growing concern of traders about how much the present
      AFP  -  355 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows In Hongkong yesterday: (In HK dollars, spot ex-go-down) Citfw van: China Blue Phoenix 20b 2,160; 32s 2,900, 40s 3,000 (per bale of 400 lbs). Pleee geeds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      RUBBER
      277 4 THE "-rr* rubber market yesterday closed firmer with November One RSS buyers quoted at 296.00 cents per kilo, up 3.50 cents from Tuesday's close, dealers said. The morning market firmed 3.50 cents on news that President Carter conceded defeat to Republican Ronald Reagan in the US presidential elections. This
      277 words
    • Article
      RAS PRICES
      311 4 RAS prices In cents per kilo yesterday: Noon (per kUo) Buyers Sellers Int. 1 R.S.S. pranpt f.o.b. 292.00 2S3 00M Int. 1 R.S.S. November 293.50 294.00 Int. 1 R.S.S. December 299.00 299.50 Int. 2 R.S.S. 284.00 285.00N UK/Coat 283.00 284 00N Int. 3 R.S.S. 281.00 282.00N UK/Coot 274.00
      311 words
    • Article
      SSR and SMR
      121 4 NOON SSI t and SMR prieaa raatardajr EA8 Nona bar Daeaail bar (Cimit Bayara 9 Mtb) •Uara Por.ird Mlb i Bayara Ballara SSR 20 (1-ton paliat D moo 260 00N 249 00 261.00N SSRSO il too pall* t) 146.00 247 00N 246.00 248 00N SMRCV (1 too
      121 words
    • Article
      CLOSING PRICES
      39 4 Rubber: Nov 5 Singapore: Nov: 296.00 cents (up 3.50 cents) Malaysia: Nov: 304.25 cents (up 3.25 cents) Tin: M 52,053 (up $1) (equivalent to $33.95 per kilo) (up 2 cents) Official offering: 195 tonnes (down 12 tonnes)
      39 words
    • Article
      Straits Tin
      92 4 THE STRAITS tta price la Peaaag recovered Msl per pieml to $2,163 yesterday, still $tZ below toe litoruttoitl Til Agree* meat ceiling, dealers said. News toat President Carter esaeeded defeat to Bepaklleaa Ronald Reagan la toe U8 presldential elections has had as Immediate Impact sa the market yet,
      92 words
    • Article
      Produce exchange
      170 4 C'HINKBK Preface ExehMft, Stegapere, eliifag price» per lMkg yesterday: Of—t «0: Bulk fob $128.00 tellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $143.00 sellers. Ctpra: Mixed (looae) $72.75 buyers. Pepper: Muntok white pepper fob Asta NLW $425.00 sellers, Sarawak white pepper faq fob
      170 words
    • Article
      RICE
      342 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop LOB, 100 per cent second class 0.95, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.72, Special 0.68.
      342 words
    • Article
      Lock icon Soyameal usage
      94 4 Reuter WEST German soyameal usage may fall to 3.6 million tonnes in 1960/81 (October/September) from 3.8 million tonnes per year in the past two years. A US agricultural attache report said this would correspond to an expansion in rapeseed meal usage to 750,000 tonnes from 600,000 tonnes in
      Reuter  -  94 words
    • Article
      LONDON MARKETS
      775 4 THE following are Tuesday's closing reports. COFTEE: Robusta futures closed mixed near the highs of the day and £8 down in Near Months to £5 up from Monday in distant positions. Turnover was 3,194 lots including 20 options. Most positions traded at the day's highs during the final
      775 words
    • Article
      PALM OIL
      167 4 THE Malaysian palm oil market strengthened further yesterday on short-covering by refiners as sellers withdrew, dealers said. They cited unconfirmed reports that the Soviet Union bought 100,000 tonnes of refined palm oil and the reaction to Reagan's victory. In November the Southern Region firmed M 556.50 to $910
      167 words
  • ASIAN STOCKS
    • Article
      Lock icon Market hits record
      633 4 TOKYO Source: DBS THE market yesterday reached record highs, to which the victory of Republican candidate Ronald Reagan in the US presidential elections and the reduced official discount rate were the major contributing factors. The medium-sized quality stocks, especially those related to semiconductors and video tape recorders,
      Source: DBS  -  633 words
    • Article
      Lock icon Hongkong
      287 4 Source: BUYERS emerged pushing the market up serosa the board. Property shares were «fain the focus of attention. Following Tuesday's announcement, Carrlan went as high ss HKHB.3O before dropping back to close at Jardlnes and Land remained very volatile. Both closed well above their London closings. Haas Saaf Index:
      Source:  -  287 words
    • Article
      Sydney
      352 4 SHARE values strengthened considerably in the afternoon session yesterday, particularly in the gold and oil sectors, following news that President Carter conceded victory to Republican rival Ronald Reagan. Volume headed for a record high as Ampol stockholders rushed to sell 10 million shares and 1.3 million notes at Pioneer
      352 words
    • Article
      Bangkok
      272 4 STOCKS were mostly unchanged yesterday though a few registered slurp movements. Bangkok Insurance continued its sharp decline, losing another 24 baht to close at 633. Serm Suk fell 16 to 403 baht. Charoong Thai gained eight baht to 175 and Thai Farmers Bank two to 258. NOV 05 BahU
      272 words
    • Article
      Lock icon Typhoon Betty
      99 4 Reuter TYPHOON Betty, the 20th and strongest to hit the Philippines this year, yesterday swept across northern Luzon. The Manila Weather Centre said the eye was 65 Ions north-west of Baguio City by mid-morning yesterday, with winds at 175 kms an hour. The national disaster coordinating centre said
      Reuter  -  99 words
    • Article
      Selected indices
      51 4 FINANCIAL TIMES INDUSTRIALS Tuesday 480.0 Monday 482.1 Week Ago «5 5 DOW JONE8 AVERAGE INDUSTRIALS Tuesday closed Monday 837JO Week Ago 832J8 H.K.HANG SENG Wednesday 1887.08 Tuesday 1568.44 Week Ago 1451,38 SYDNEY INDUSTRIALS Wednesday 750.82 Tuesday 747.48 Week Ago 732M ALL ORDINARIES Wednesday 1027.44 Tuesday 1023.47 Week Ago
      51 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      286 4 We apologise to international telephone callers for the inconvenience and difficulties they experienced for the last few days. On Sunday, 2nd November 1980, Telecoms commenced to bring into service part of its new electronic international telephone exchange. Unfortunately on Tuesday, 4th November 1980, we ran into some technical difficulties, which
      286 words
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  • OVERSEAS
    • Article
      German production continues to fall
      400 5 PRODUCTION in West German manufacturing industry continued to fall last month, although more slowly than before, the IFO economic research institute said. This slower fall is likely to be maintained in the final quarter, the institute added in its latest survey of German manufacturing companies.
      400 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      772 5 ARRIVALS Service Local Operator Number Time From PAA PA006 0045 JEKSFOHKG MAS MH601 0630 KUL SIA SQ101 0815 KUL MAS MH605 0830 KUL MAS MH621 0835 PEN RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ211 1000 HLP SIA SQ103 1000 KUL CPA CX710 1005 HLP
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    • Article
      Lock icon Russians annexing Wakhan
      193 5 Reuter PAKISTAN'S official news agency said the Soviet Union is in the process of annexing the strategic Wakhan corridor in north-east Afghanistan. The government news agency, Associated Press of Pakistan, quoting "reliable information from across the frontier", said that during the past six months large numbers of
      Reuter  -  193 words
    • Article
      Lock icon EEC moving slowly to lower air fare
      308 5 Reuter THE European Commission, which initiates and implements decisions of the ninemember European Economic Community (EEC), is proceeding cautiously with its campaign to make air services cheaper and better. The commission promised 18 months ago to propose a way of breaking up the
      Reuter  -  308 words
    • Article
      Lock icon Healey wins first round in fight for leadership
      245 5 Reuter FORMER chancellor of the Exchequer Denis Healey yesterday won the first round of his fight with leftwingers to be leader of Britain's opposition Labour Party, He topped the first poll among the party's 268 members of parliament, collecting 112 votes, but
      Reuter  -  245 words
    • Article
      Lock icon UK reviews spending
      421 5 Reuter THE British cabinet, struggling to keep its monetarist strategy on course, yesterday held a special meeting to review public spending for next year. Political sources said the threehour meeting, presided over by Prime Minister Margaret Thatcher, was inconclusive and others would have to be held before
      Reuter  -  421 words
    • WORLD IN BRIEF
      • Article
        Lock icon RECORD DEFICIT
        517 5 Agencies ITALY'S economic difficulties were underlined by a record trade deficit and signs of a resurgence in inflation. The trade deficit in September leapt to 2,425 billion lira, the official statistics institute, Istat, said. BL Ltd maaagemeat will meet aalaa leaders teday te try te avert the strike
        Agencies  -  517 words
    • Article
      Lock icon Singer spreads threads over Third World
      330 5 Reuter SINGER Co, to offset shrinking demand for its products in the US and Western Europe, has been shifting its emphasis to the developing countries of Africa, Latin America and the Far East, and industry analysts are impressed by what is happening. Social changes
      Reuter  -  330 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      165 5 TRAVEL SERVICE!! HOLIDAY LA-FLEUR TRAVEL S.T.P.B. T/A267 "rr Te1:*****51 •*****11 Holiday Inn Hotel, Suite 4. 4th Floor Scotts Road. Singapore 0922 BUSINESSMEN!!! TRAVEL ECONOMICALLY WORLDWIDE ALSO CAR TRANSFER AVAILABLE VISA NOTICE THE NIPPON CREDIT BANK (CURACAO) FINANCE N.V. U.S. $30,000,000 Guaranteed Floating Rate Notes Due 1987 Payment of the principal
      165 words
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      Page 5 Advertisements Column 2
      145 5 Years from now, your Matthew Norman carriage clock could be worth a king's ransom Inspired by one of the greatest horologists in history Abraham-Louis Breguet Matthew Norman designers and craftsmen have succeeded in recreating some of the most famous of all carriage clocks. Handcrafted from the finest materials, the Matthew
      145 words
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  • Article
    Snobbery must be stamped out
    400 6 THE FOUR Anglo-Chinese Schools have done what had to be done to cut down snobbish behavior. ACS' brief period of notoriety has hopefully passed and things will now return to normal with ACS students no less affluent but showing it just a little less. The
    400 words
  • Article
    Sisir's success is important
    246 6 THE IMPROVED electrical safety light developed by the Singapore Institute of Standards and Industrial Research (Sisir) is by no means a giant leap forward in the history of electrical innovation, but it is one of those small, yet immensely important, steps forward in the evolution of
    246 words
  • Article, Illustration
    Autosave wins acceptance
    749 6  -  By ROY MACKIE THE FURORE in banking circles which accompanied the introduction of the DBS Autosave scheme early this year appears to have dwindled to reluctant acceptance. There are still some who feel that Autosave is merely a ploy to circumvent the agreement by banks not to
    749 words
  • Article, Illustration
    Lock icon Reasons for HK's immigrant ban
    679 6  -  By BRIAN TIMMS Reuter HONGKONG'S decision to close its doors to illegal immigrants from China goes much deeper than the fear of being overrun. Businessmen there believe it raises the whole question of the future of the tiny British colony, a massively capitalist society nestling
    Reuter  -  679 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      346 6 ACQUIRE COMMERCIAL and PROFESSIONAL QUALIFICATIONS through (L Correspondence College LONDON Pitmans the oldest correspondence college in UK has since its foundation in 1840 been guiding, tutoring and leading students from all over the world to commercial and professional qualifications that have opened doors to successful careers. You too can now
      346 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      45 6 BliStoW i-FVai&Dictens TvAPfT'S UURT Gorges Of LCTrtMG p\ &U«tD€C DO UIS "W»KG "IMaiH T" Jft :z-T: s: v*: '3 ii.:-» I*!- v-":: s F£^2 !iy?4 Jm: HSr*3 35i"i ste? 3* SSrl! B M Wi s -j«1 ill r= ««i? S! il. r-' 7T ;i w
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1386 6 Princess Grace the star CACTUB FLOWER Is a mast far all tew af etmedy. Tut la at lJOpm to m Inftrld Berpua, Walter Mathaa ud Galdle Bawa la reeled by Geae j amdela ML Mathaa Is the aged hachelsr whe marry his yaaag (GeMle Hawi). T eeme cam pUcated ed
      1,386 words
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  • Article, Illustration
    WHAT LIES AHEAD ...
    1285 7  - WHAT LIES AHEAD The new President's work schedule by ANDREW MOLLISON 4 WHAT WILL Ronald Reagan do after he is sworn in on Jan 20 as J'.the 40th presdent of the United States? His record as an eight- year governor of California, his < campaign promises, his manage- ment of
    1,285 words
  • Article
    Lock icon Who will slay the sacred cows?
    802 7  -  FORUM, with WILLIAM NORDHAUS NYT •THE ELECTIONS is over. Ronald Reagan is now the <40th president of the United !States. But many questions 'remain unanswered. Mine «is, who will slay the sacred Jcows? The US has accumulated /T large herd of untouchable «economic institutions,
    NYT  -  802 words
  • Article, Illustration
    Lock icon Jayawardene's economic woes
    785 7 Sri Lanka's President J R Jayawardene faces two main problems. He has to combat inflation which is running at over 35 per cent a year and bear the consequences of the IMF's suspended US$34O million facility negotiated in January 1979. FT SRI LANKA's President, Mr J R
    FT  -  785 words
  • Article
    Lock icon CHANGES AT COLOMBO
    523 7 Reuter SRI LANKA's capital is being transformed by booming business and tourism following the lifting of import controls by President Junius Jayewardene's government in 1978. The skyline is changing daily as bulldozers and huge cranes work overtime to pull down 19th century structures and replace them with
    Reuter  -  523 words
  • Page 7 Advertisements
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        295 8 NOV 04 Frs CORBEILLE Air-I.iquide 572 1 B S N (iervais D.inone 1060 -6 1" S K < Thomson (Ml 511 -4 C»e Krancatsr dcN Pet roles 232 90 3.9 Compagme Kinanrurr Com pug nit* 409 12 Credit Foncier Dr France 435 -3 Ilachetle (Librairie) 305 -3 Marin— Hull
        295 words
      • Article
        Frankfurt
        235 8 NOV 04 Dm Aeg-Telefunken 70 70 -4 4 Akzo 17 206 All/ Leben *****0 unch All; Vers 480 00 2 BASK 125 40 •1 Bay H T Wbank 24.=) 50B Bay Vbank M S0 35 Pay f 107 00 .1 BBA 271.20 BMW 155 00 ♦1 Cawlla 315 00
        235 words
      • Article
        Brussels
        95 8 NOV <M h'rs FORWARD MARKET A«>r 310 2 Arhert 1390 30 Aslur 359 *3 ■MM .U) tm 16 liru-l.amh 1020 unch Canpar 1278 46 OH k 196 •1 i BNVI 386 8 f tfs rm 10 DM MM 5330 ♦20 (»b-In no-Bin 1955 25 IH-\ 1272 2 Hot** 2500
        95 words
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        Amsterdam
        204 8 NOV 04 Fix AHN 29b 01) 2 Ah. ni 69 00 12 Mil i IK mi 0 1 AMU, Ml 06 Am: 110 (Ml 27 Ar irobnk 62 10 -0.1 BITMH 34 50 -0 1 Rrrk 64 -05 mm 9Q ♦01 H«>f MllTilJ 201 00 Huftunann 58 00 -2
        204 words
      • Article
        Zurich
        182 8 NOV M Francs Actions Suisse* 299 1 Alusuisse Br 1245 15 Alusuisse Reg MO •2 Brown Boveri Br 1S&5 5 Clba Geigy Br 10)0 5 Clba Gelgy p c Clba Geigy Reg 586 unch Credit Suisse Br 2615 15 Credit Suism Reg 438 1 Elektrowatt Br 2645 unch George
        182 words
      • Article
        Milan
        101 8 NOV 04 Lire Anir 01 Assoc Gen *****0 38U Baslogi 758 18 Central* ***** S Kuu 3320 180 Kinsider 88 -6 Gen Immob 2499 a IFI Pri 5130 294 ILalremenli ***** 130C I taigas 1924 74 llalsider 343 3 MifiwU M PI 744 -6 Marelli Ere Mediob ***** 219C
        101 words
    • Article
      TORONTO
      212 8 NOV 04 C» ADlllbl 24 1 A lean 42 IS Algoma Bank Mont 31 1 Bank Nova Scotia 33 1 Bell Tel 1»'. Beth Corp BP Can Ltd 42 Brasran 35 Camp R«rd Lake 82 i l'» Can Imp Bk 28 Canpac 48 *t Canpac In* Pt 19 .i
      212 words
    • Article
      JOHANNESBURG
      316 8 NOV 04 Rand INDUSTRIALS A Alpha 450 unrh Aberrom 375 AE And CI 985 -5 AMU 2950 50 Barlows 1255 25 Cg Sugar CNA 625 Curro Finance 265 10 De Beers Ind 3200S Edcon 675 unrh Edgars 9900B unch Eveready Eed Volk ZZ 530 •10 Kugit 245 -5 Gardian
      316 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      165 8 Where to wine GetawaytoSentosa 0 Costs only HALF AS MUCH if you're residing in Singapore It's easy, just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY—THURSDAY (except public holidays and holiday-eves). For full details of the 50% DISCOUNT OFFER. call Apollo Sentosa Reservation Centre Tel: *****1
      165 words
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      Page 8 Advertisements Column 2
      127 8 4 ►4 For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday toFriday $18 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $16 10% service charge 3% cess. For reservations call *****77 Acs) t «*iilni*> I 'in k SlM>■*>il«>n Siii^iiiNinSHERA T ON HCTEIS AND INNS WORLDWIDE Nassi
      127 words
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      Page 8 Advertisements Column 3
      187 8 See Page 4 for Asian stocks NYSE was closed on Tuesday bigfefc up j?o*iP Oeepavali On the evening of Deepavali. November 6, 1980. a lavish Indian buffet and festive sweets will be laid out at the R.ing Mahal Restaurant The talented singirvgprr.Mjp. Swar Sangam will hi®-t!ight the [ing with popi.Lf
      187 words
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      Page 8 Advertisements Column 4
      194 8 Inn Of Happiness Now open at the Hilton Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. MM HUTON INTERNATIONAL? SINGAPORE
      194 words
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      Page 8 Advertisements Column 5
      228 8 /w\ >i/ r What better place to enjoy a banquet? The Dragon Palace Restaurant is spacious enough to accommodate 450 people in comfort, catering for business functions and wedding parties Of course, if you can think of another reason for celebrating we'll give you the banquet of a lifetime! And
      228 words
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  • MONEY AND EXCHANGES
    • Article
      Singapore market
      525 9 THE success ,of Republican candidate Rsnald Reagan in the US presidential elections had litfle overall effect on the foreign exchange market yesterday, though the German mark depreciated sharply in the earlier part of trading. Opening at 'a firm 1.9315/ 25 marks to the dollar, the deutschemark fell further
      525 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.6 per cent.
      22 words
    • Article
      ASIAN $ RATES
      187 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Nov 5: US Dollar*(Spot) Offer Bid 7 days 14 11/16 14 9/J6 1 month 14H 14 V, 2 months IS 11/16 15 9/16 3 months 15 15/16 15 13/16 6 months 15'* 15V. 9 months 1SV. 15'* 12 months
      187 words
    • Article
      Discount
      54 9 RANGE of price» offered by discount houses oo Nov 5: Overnight: $V 4 to 7W% Call deposits: <V 4 to 7V«% Closing Baying Sellimf 3- month Treasury bills 0 15/16 0 13/16 3-month Bank bills 14 13H 3 months CD 13H 13 V, 6 months CD 13 7/16 13S/16
      54 words
    • Article
      Treasury bill tender
      43 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of 1100 million 91-day Treasury bills to be issued from Nov 10 to Nov 14. Each tender must not be for less than $250,000.
      43 words
    • Article
      GOLD
      367 9 SINGAPORE gold futures closed sharply higher yesterday on news of Republican Ronald Reagan's landslide victory in the US presidential elections, dealers said. Prices rose sharply during the morning session following news that President Carter had conceded defeat but the market closed below the day's high on profit-tak-ing, they said.
      367 words
    • Article
      Silver quotes
      36 9 New York 19 70B 20 00S Zurich 19 50 19 358 ao.oos 19.85S Wed Tae* Singapore 19 75B 19 SOB 20 25S 1990S Closing price* In US dollar* troy ounce. Source: Credit Suisse, S'pore
      36 words
    • Article
      Tokyo
      92 9 THE US dollar for overnight delivery closed firmer at 211.90 yen yesterday, compared with a 210.00 opening and 211.05 at Tuesday's close, following Ronald Reagan's presidential victory, dealers said. Trading was active with volume at US$l.O6 billion. After opening sharply lower, the dollar rose briefly to the day's high
      92 words
    • Article
      Hongkong
      100 9 THE US dollar continued firm in late trading yesterday, with operators maintaining a bullish outlook (or the US currency, dealers said. There was some profittaking in the late afternoon, and the dollar eased marginally to 1.9387/97 marks from the 1.9400 level as operators sold the US unit in anticipation
      100 words
    • Article
      Australia/NZ
      1 9
      1 words
    • Article
      London
      189 9 PROFIT-TAKING yesterday pared dollar gains made in the Far East in the wake of Ronald Reagan's victory in the US presidential elections but the dollar is likely to remain firm, dealers said. It opened at 1.9335/45 marks, falling from a late 1.9387/97 in Hongkong but higher than Tuesday's close
      189 words
  • BANKING AND FINANCE
    • Article
      Security Pacific earnings rise for third quarter
      340 9 SECURITY Pacific Corporation announced third quarter earnings of US$l.77 per share, up 16 per cent from $1.52 per share for the third quarter of last year. Earnings amounted to $48.9 million in the third quarter, up from $42.0 million in the same quarter
      340 words
    • Article
      Reagan win may spark advances in credit market
      399 9  -  Alan L The writer, Alan Lerner, is a vice-president and money market economist at Bankers Trust. A REPUBLICAN victory in the presidential race and gains in Congress will probably spark some advances in the prices of fixed-income securities, particularly at the longer
      399 words
    • Article
      Lock icon Bonn concerned over strength of European Monetary System
      327 9 Reuter THE strength of the dollar against the mark is not causing concern, but the strength of the European Monetary System (EMS) units is, German finance ministry sources said. Commenting on the continuing rise in the value of the US currency against
      Reuter  -  327 words
    • Article
      Lock icon BoJ cuts discount rate
      128 9 Reuter THE Bank of Japan today cut its official discount rate by one percentage point to 7.25 per cent from 8.25 per cent. The rate was cut a slight 0.75 percentage point in August from a record-equalling 9 per cent. It was raised to 9 per
      Reuter  -  128 words
    • Article
      Lock icon Thai discount rate up
      81 9 Reuter THE Bank of Thailand raised its discount rate last week by one per cent to 13.5 per cent. A commercial bank source said the official discount rate was raised, even though there is no money tightness, to prevent an outflow of excess liquidity from the
      Reuter  -  81 words
    • Article
      Lock icon Gilt-edged facility extended
      80 9 Reuter THE Bank of England said it is extending until Nov 24 the facility for the sale and repurchase of gilt-edged securities which expires on Nov 7. If the new facility is fully used, the aggregate amount made available under it will be some £500 million, it
      Reuter  -  80 words
    • Article
      European banks in joint effort
      457 9  -  By JAN LEE THE Swedish and the Norwegians have teamed up to open a joint bank representative office in Singapore. Known as the Gotabanken-Christiania Bank, it will serve to promote Swedish-Norwegian and Singapore business interests. The emphasis, say shareholder banks, Gotabanken of Sweden and Christiania
      457 words
    • Article
      Lock icon EEC plans recycling facility by winter
      358 9 Reuter THE European Economic Community (EEC) can have a new US$lO billion petrodollar recycling facility in place by this winter under plans now in the course of finalisation, EEC commission sources said. The commission, responding to a request by finance ministers, has drawn up
      Reuter  -  358 words
    • Article
      Eurasbank opens new branches
      65 9 BRANCHES of the European Asian Bank (Eurasbank) in Bombay, Colombo and Taipeh are now in operation. The branch network of the Hamburg-baaed bank now spans 11 countries from South to East Asia, including Hongkong, South Korea, Pakistan and the Asean countries. In October, Eurasbank took its
      65 words
    • Article
      Lock icon US$500m loan for ENI
      194 9 Reuter A LOAN for Ente Nazionale Idrocarburi (ENI) of Italy worth US$5OO million has been fully underwritten by 12 banks led by Arab Banking Corp as co-ordinator, banking sources in Bahrain said. The loan is in two tranches, $200 million for five years at 7/16 per
      Reuter  -  194 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      454 9 Wow available aa Update t0... The key to under standing ASEAN The ASEAN Report Update Published by The Asian Wall Street Journal The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within the Association of Southeast Asian Nations
      454 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1669 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 A COMMERCIAL Acma (3.285)
    1,669 words
  • Article
    Unit trusts
    164 10 8W6AT0U UNIT nun OUB-MONTAGl Pnam tar H* The Commerce 3.34 141 Unloe^«»Fund W tar Not 1.36 1) 1.31 The Savings Fund 198 109 S pore Prof Fund l e 152 INCOME BOND UNIT S pore Sac. Puad 2.at 130 (UMM pn M) S pore Invest Fund 1.17 196
    164 words
  • Article
    SHARE INFORMATION SERVICE
    2691 10 1980 High Low Company Last Sale -for Gr"« Div Div Cvr Crt Net Ynd P/B Vol Day COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 270 220 Alcom 149 116 Allied Choc 170 138 BAT 402 270 Bata 84 60 Ben 352 275 Berjaya Kawat
    2,691 words
  • Article
    In Kuala Lumpur
    2010 10 j BID and offer prices officially s listed and business in and re4 ported to the Kuala Lumpur Stock Exchange yesterday 7 with the number of shares l traded shown in brackets in j lots of 1,000 units, unless otherg wise specified. INIHJ8TUALS -J IJaimiU (3.36S) Alex
    2,010 words
  • Article
    COMPANY MEETINGS
    52 10 CONSOLIDATED Plaatfttfaas BM: AGM to be held at The Regent of Kuala Lumpur Hotel, Jalan Imbi, Kuala Lumpur at 12 noon on Nov 11. TRACTORS (M) BM: AGM to be held at Studio 3, 5th Floor, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur at 12 noon on
    52 words
  • Article, Illustration
    Reagan win gives boost to prices
    761 10 0 ACTIVE trading brooght significant gala* oa selected coaaten at the Singapore i) stock market yesterday aad iavestor seatlmeat remalaed bullish. Keen attention was foeased on certain quality stocks as well as lower-llaer lndastrials some of which were amoag the more promlaeat favourites. The
    761 words
  • Article
    Very steady finish in KL
    620 10 SHARE prices finished on a very steady note after another active trading session at the Kuala Lumpur stock market yesterday. Investors, buoyed by news of Mr Ronald Reagan's victory in the US presidential elections, emerged in numbers to push a selection of counters sharply higher
    620 words
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  • COMPANY NEWS
    • Article
      Lock icon Earnings at Jardines diluted by purchase
      880 11 Reuter JARDINE, Matheson and Co and Hongkong Land Co chairman David Newbigging said the two companies' purchases of each others' shares will dilute their earnings, but declined to estimate by how much. He said the effect on earnings in 1960 will not be great,
      Reuter  -  880 words
    • Article
      Lock icon HK Land still has Wheelock shares
      340 11 Reuter HONGKONG Land has not sold its shareholding in Wheelock Marden Co to Cheung Kong (Holdings), the chairmen of the three companies said. They were commenting on stock market rumours that HK Land had sold its 33 million Wheelock "A" shares, equivalent to 11.8
      Reuter  -  340 words
    • Article
      S. Glass hopes to boost earnings with new plant
      386 11 AFTER a lacklustre first half, Singapore Glass hopes the increased capacity at its new plant will help to boost earnings in the second half. The manufacturer of glass bottles recently reported a 25 per cent slide in pre-tax profits to 12.25
      386 words
    • Article
      Takeover implications
      458 11 COMPANIES making takeover bids should prepare the offer document as carefully as a prospectus. According to Mr Chan Kian Hin, senior partner of Kian Hin and Partners, th£re were some offer documents still drafted in compliance with the provisions of the original Code on Takeovers and Mergers. So
      458 words
    • Article
      Beyond expectations
      849 11 THE MONTHO THAT WAS •< FAR beyond all expectations, the Singapore stock market continued to scale new heights in October, making the dramatic month of September, when the Straits Times Industrial index reached a record peak of 647.49, appear mild in comparison. October will go down on record
      849 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      132 11 Wfe've soared to dizzy heights f Circulation has doubled in three years: an amazing records Since Business Times was first published in October 1976, it has meant business: providing businessmen in Singapore with a reliable daily source of essential news. Now, circulation has doubled to over 10,000 copies daily, with
      132 words
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  • Article, Illustration
    Lock icon The new mood in US
    838 12 RONALD Reagan headed yesterday for the White House on the crest of a conservative tide that swept Republicans to control of the Senate and gave the President-elect a landslide mandate for his promises of tougher American policies abroad and less government controls at home. "I
    Source: AP  -  838 words
  • Article
    More decisive leadership likely
    294 12 CONSERVATIVE foreign governments welcomed Ronald Reagan's election as President, predicting a stronger US stance against the Soviet Union. But a member of Iranian Prime Minister Mohammad Ali Rajai's staff said Mr Reagan's victory would make no difference in Iran's relations with the US and would have
    294 words
  • Article
    Curbs may be eased
    245 12 UNDER mounting pressure from Japanese big business, the Tokyo government is likely to relax its economic sanctions against the Soviet Union following Tuesday's presidential election. Diplomats and officials in Tokyo said yesterday that the move appeared inevitable because the Japanese were convinced that some West European
    245 words
  • Article
    LONDON STOCKS
    805 12 LONDON, Wed. Gold mining shares were marked higher following Ronald Reagan's US presidential election victory and the subsequent rise in the bullion price, dealers said. Heavyweight gold producers were mainly between ISO and 300 cents firmer as in Randfontein, Amgold, West Dries, Western Holdings, Vaal Reefs and Harties.
    805 words
  • Article
    Price of gold goes past US$660 on spot market
    433 12 PRICES on the spot gold market soared past US$66O an ounce yesterday on technical buying and shortcovering. Dealers reported brisk trading throughout the day, aided partly by buying in anticipation of a strong anti-inflationary policy by new US President Ronald Reagan.
    433 words
  • Article
    Airport's second solar project
    415 12 THE Changi International Airport Services' flight dtcben will use solar energy to provide 90 per cent of the hot water required to produce 16,000 meals daily. It is believed to be the first time solar energy is used on such a scale in an airport. The
    415 words
  • Article
    Lloyd's acts to tighten internal discipline
    274 12 LLOYD'S of London, the world's biggest and oldest insurance market, yesterday approved draft legislation which will tighten its internal discipline and powers of self-regulation. Its members, descended from 17th century businessmen who first met at Eldward Lloyd's London coffee house to offer insurance for
    274 words
  • Article
    Deepavali message
    147 12 TODAY is Deepavali, the Hindu festival of lights which celebrates the triumph of enlightenment and harmony over the forces of ignorance and dissension. Prime Minister Lee Kuan Yew, in his Deepavali message, said that the Hindu religion and culture teaches its disciples to go beyond tolerance, to acceptance
    147 words
  • Article
    Ministry to resume assistance to ACS
    173 12 THE Ministry of Education will resume giving help to the four Anglo-Chinese Schools as it is satisfied with the results of the schools' anti-snobbery drive. Mr Chan Kai Yau, the director of education, said Anglo-Chinese Junior School, Anglo-Chinese Primary School, Anglo-Chi-nese School and Anglo-Chi-nese
    173 words
  • Article
    Lock icon Automotive federation
    57 12 AFP THE automotive federation of Asean will ask Japanese car and motorcycle manufacturers to establish plants in the region through joint-venture arrangements with member countries. Asean Automotive Federation chairman Jose Concepcion Jr. said in Manila the proposal will reduce the association's car imports which amount to U52.450 million
    AFP  -  57 words
  • Article
    Pledge of cooperation
    111 12 INDONESIA and Malaysia are now determined to work together against any external threats, according to Indonesian Defence Minister Mohammed Yusuf. He was speaking on Tuesday following the conclusion of the 11th joint ministerial level border committee meeting in Bali. General Yusuf did not elaborate on what external
    111 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      48 12 aseawi Swiss Trade Technology Fair 14 18 January 1981 Singapore Mandarin Hotel T Get your invitation card from any Swiss Embassy in the ASEAN countries and Hong Kong or from Interfama Pte. Ltd. No 834, Bth Floor. World Trade Centre. Singapore 0409 Telex RS ***** INFAMA Tel *****12
      48 words
    • Advertisement
      Page 12 Advertisements Column 2
      54 12 IPISP lijO s o By following the series conscientiously, you will have a grasp of 800-1,000 Chinese characters at the end ot the series and you will be able to converse in simple and acceptable Mandarin. Own a set now. You can then learn at your own convenience. /a I
      54 words
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      Page 12 Advertisements Column 3
      1 12 Leader...page
      1 words
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  • SHIPPING TIMES
    • Article
      INDEX TO ADVERTISERS
      634 13 Shipping Lint Page C«1 Adriatic IV 5 Afea VI 3 Afro-Eurasia VII 1 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL m 4/5 Achipelego vn 2 Argentine IV 4 ASCL m 1 Asia Merchant IV 2 Atlansa vra 2 Bangladesh vm
      634 words
    • Article
      Poly may acquire new ship for training officers
      703 13  -  By RICHARD SEAH THE Singapore Polytechnic is studying the feasibility of acquiring a new training ship as part of its programme to upgrade the training of ship officers and engineers. It will also shorten the present four-year diploma course in marine engineering
      703 words
    • Article
      Lock icon Upper Great Lakes season could end on Dec 31
      308 13 Reuter THE SHIPPING mum M the Upper Great Lakes could end M Dee SI with the clesare ef the leeks at Sauit Ste Marie, Michigan, a spokesman for the US Army Corps of Engineers said. Michael Perrbri, chief pahtle affairs officer
      Reuter  -  308 words
    • PORTSIDES
      • Article
        Lock icon Mexican port
        78 13 Reuter A THREE-company Japanese-Mexican consortium has signed a 31.5 billion yen contract with the Mexican government to construct a port on the Mexican Gulf coast. A spokesman for partner Mitsui and Co Ltd said the port will be built at Altamira in the Tampico industrial complex area by
        Reuter  -  78 words
      • Article
        Lock icon Pay offer rejected
        101 13 Reuter THE UK National Union of Seamen (NUS) has rejected a pay offer worth around 9 per cent from the General Council of British Shipping (GOBS). The union, which has not quantified its claim, said it is not yet considering strike action but the offer fell far
        Reuter  -  101 words
      • Article
        Lock icon Government-union talks
        78 13 Reuter INDIAN Shipping Ministry officials and trade union representatives will meet in New Delhi on Nov 12 in an attempt to avert an indefinite nation-wide strike by port workers scheduled to start on Nov 17. The four unions representing more than 80 per cent of Indian port workers
        Reuter  -  78 words
      • Article
        Lock icon Penrod rig
        59 13 Reuter JAPAN'S Hitachi Shipbuilding and Engineering Co Ltd said it has won a 15.2 billion yen order from Penrod Drilling Co of the US for an offshore oil drilling rig. The rig, capable of drilling down to 7,620 metres, will be delivered by July 1982 and be chartered
        Reuter  -  59 words
    • Article
      Container Schedules
      1054 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      1,054 words
    • Article
      LONDON FREIGHTS
      1469 14 BROKERS reported quiet chartering in most sectors of the freight market on Tuesday partly reflecting reserve in front of the US elections. North American grain chartering included two vessels from St Lawrence to Algeria at the steady level of U5545.25 fio for ♦Jov while barley from Duluth to
      1,469 words
    • Article
      SHIPS IN PORT
      482 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barge Brunei 90 (0800) 35/ 36 Cloverbank (2130 after Gu Bei Kou) 47 Diny (after Tat Lee II) 27 Gotong Royong (1000 after Ham Luong) 19 Jenson (0700) 22 Kota Bintang (0700 after Kota Jati) 10/11 New Eagle (0400 after Palm Sea
      482 words
    • Article
      Chemical carriers with deck tanks likely to increase
      257 15 THE number of chemical carriers fitted with deckmounted stainless steel tanks is expected to increase in the near future as shipowners take advantage of the flexibility and return on capital that the deck tanks can produce. In spite of the high capital
      257 words
    • Article, Illustration
      ANOTHER FEATHER IN PROMET'S CAP
      245 15  -  By JAN LEE PROMET Pte Lid added another feather to Ite cap when Loffland Brothers Company christened its latent Jackup rig, the Ocean Master ID, at Premet's Jaroag shipyard recently. The three-legged US$27 million rig will be towed to the Gulf of Arabia where Lofflaad
      245 words
    • Article
      Manchester Fleet halved
      410 15 THE FLEET of Manchester Liners, one of the British pioneers of container shipping, has been cut by nearly half, following its takeover by the Hongkong-based CY Tung group earlier this year. Manchester Liners has been facing considerable financial problems for some time. A large part of its
      410 words
    • Article
      Sudden surge of activity at Tanker Town
      706 15 EIGHTEEN months ago it looked as if Labuan's reputation as Asia's "Tanker Town" was rapidly coming to an end. More than 30 tankers moth balled in Brunei Bay, some for as long as three years, finally began to depart. By January this year
      706 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2969 19 SCHEDOLE 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
      2,969 words
    • Article
      Lock icon New tactics worry Greenpeace
      638 20 UPI GREENP EACE, the commandostyle group defending a pollutionfree marine environment, is worried about new tactics deployed by its enemies injunctions and fines. A strategy session to be held this month in Washington, DC, has been called to discuss the problem crucial to the international organisation's
      UPI  -  638 words
    • Article
      WORLD SERVICES
      731 20 SWEDEN W Germuy: Stena Line has increased capacity on the run between Gothenburg and Kiel through the introduction of the 1,700 lane metre Stena Freighter (ex-Merzario Ausonia) in place of the smaller Stena Timer. The company expects to keep the vessel on the run until the introduction of
      731 words
    • Article
      Who Acts For Whom...
      1682 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A— B Actvpetego R T Transportation s (S) Asiatic Container Continental t Feeders (S)/Cargo Freight (PK). r AFEA Singapore Shipping Agen i, cies (S)/Euro-Asia Line (PK/PN). e Afro-Eurasta Line
      1,682 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      368 13 nu-swiftSs A great name in tire fighting Sole Agents: Borneo Sumatra Trading Co (S) Pte Ltd Approved SFB Service. Tel: *****35 J AR DIM A\l A U /.T** Orient Overseas Co*da*ieA Line FULLY CONTAICnSa) SERVICE TO EUROPE (VIA SUEZ) Tat i m 16/ II 22/11 29/11 0. RESEAftOCt IK 7/12
      368 words
    • Advertisement
      Page 13 Advertisements Column 2
      252 13 BSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE Loading for Mina Qaboos (22/12), Dubai (24/12), Dammam (26/12), Kuwait (28/12). Abu Dhab. (30/12), Doha (1/1), Bahrain (3/1) i NAVIGATOR V.9 Spore Loading for Jeddah (27/12) Hodeidah (4/1) Subject inducement StAIORD SMPPM6 AGENCES (Reg. No. *****5/OOC) 3RD
      252 words
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      Page 13 Advertisements Column 3
      627 13 <t> cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS rr* A ents I I J VWMCinC TRANS ft DUO INS S-g A6EHCT PTL LTI. Tet *****4 (5 hnes» SINGAPORE Q Q*L MAERSK LINE EXPORT TO U S PACIF IC. GULF, ATLANTIC. EAST CANADA AND ASIAN PORTS SaM MMT*
      627 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      610 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04^)9, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** A HAPPY DEEPAVALI TO ALL OUR INDIAN FRIENDS AND PATRONS M.I.S.C. COASTAL SERVICES SDN. BHD. I Kuala Lumpur Tit *****8/*****1/*****3/*****8/*****8 Jobore Balm T* *****/22*35 Port
      610 words
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      Page 14 Advertisements Column 2
      317 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA n 7/11 •10/11 •26/11 7/11 tiro* Sated 1711/11 2 3/12 CM Mm S»*ti Ctatoi 26/12 1/1 4/1 5/1 16/12 21/12 23/12 1/1 6/1 1/1 Bmi N Tat Batlai 7/1 10/1 12/1 24/12 26/12 9/1 11/1 Mt K Ort
      317 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      581 15 Overseas Containers Limited Weekly service to/from UK/Europe CONTAIBKHP SERVICE TO UK/COWTtWT: CONTAtOSHP SERVICE FROM UK/CONTWENT: H'burg Br em Rtor Le Havre P KeUng S pore 7NN HK. BU. I*. KB 11 Nn 12 Nn HK. KS 1( Nn II Nn IK. KB BU F«1toD« Uve^otfh, INn 1 NN 11 NN
      581 words
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      Page 15 Advertisements Column 2
      384 15 I E Franco Belgian Services (Fir East Frcich Service uxth B,lgian Fur Eastern 7,trt*.o ace consortium Seatrain Pacific Services con FEEDER WL n re CARDIGAN BAT im ROM.OOH BAY IM n«i contaro sonnet mow u.s* rai store i motkrwl u ow gulf e/c motkr vsi e/c gulf u om f-*m'
      384 words
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      Page 16 Advertisements Column 1
      714 16 TO NORTH EUROPE Kirama Man tam Eiprtu l»P It) Bremon Eiprru Kwrtna by TO AOXTEMANEA CJw.aie. VMt HaAata Hani 21/11 23/11 TO NORTH EWOPt/tEWTDBWM S pore PK Pen Bilbao Genoa H'burg S haven Rdam Antwerp 17/12 21/12 23/12- 13/1 28/1 26/1 23/1 21/1 28/11 2/1 18/12 10/1 8/1 5/1 20/1
      714 words
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      Page 16 Advertisements Column 2
      588 16 1 KOREA LIXIL SHIPPING CORPN t. Keianc PENANG STORE VEGA 153W Sid In Port 8-9 Mo* FROM BUSi BANGKOK VEGA 154 C Sid In Port S-9 Nov TO BUSAN ALTAIR 157W 12-15 Nov 16-18 Nov 19-22 Nov FROM BUSi BANGKOK ALTAIR 158E12-15 Nov 16-18 Nov 19-22 Nov TO BUSA MSC
      588 words
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      Page 16 Advertisements Column 3
      447 16 EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG FELIXSTOWE ROTTERDAM ANTWERP LE HAVRE ALSO ACCEPTWG CARGO FOR UNITED KINGDOM SOUTHAMPTON LONDON MANCHESTER BIRMINGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMCRHAVEN HOLLAND AMSTERDAM irtn Mm+mt M*w4m FtfaitMrt katwmp U Htw Im 11/11 31/11 2/12 4/12 7/12
      447 words
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      Page 16 Advertisements Column 4
      663 16 Everett Lines/ NTVTTAimH IUSCMMCME OUT) NU PHASMNECYANTIIA Burmt Five Star Shippmc Corp*. "BURMESE NATIONAL LINE" LOADING FOR RANGOON Vpw Maine fMM( V C Agent* n Moloyvo BOUSTEAD SHIPWNG TEL NOS tCL *****2/*****9 Campania Argentina Da Navaaaciaa Intarcantiaaatai S. A. C.I. F. "ARGENTINE NATIONAL LINE" iuj.m. .hi ■II j:'' I i
      663 words
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      Page 16 Advertisements Column 5
      619 16 gl I mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. 31 SANKYO LINE AUSTRALIA SERVICE Snfapart P. Kdan( Loadng Mr 5/4 Dae 7/1 Dtc STB. MEL. ADEI JAPAN/STRAITS SERVICE SBKAPORE TEL *****44/7 I *****70 K LUmt m 414(44 *****1 contabcr aoouK ocean smppmc stok ra *****44/7 Mud's CONTMKR P. KQJMC TEL: (347.
      619 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      872 17 PIL GROUP EAST AFRICA/REOSEA SERVICE P Xtltng Prnng Lowing KOTA MOCCK 10/15 Nov DarMM KOTA IAHJOHQ 5/10 ON Singapore PJCotang Pwwng Loading lor 15/20 Nov COLOMBO/KARACHI/P. GULF SERVICE 23d2?S£i' KOTA BENAR 5/10 Dm Karachi, Dubai. Kuwait KOTA RATU 15/20 Nov Colombo. Karachi, Mina Qabooa KOTA DEW A 0/14 Nov Karachi,
      872 words
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      Page 17 Advertisements Column 2
      831 17 < I I II ll BENLINE CONTAINERS HWBS COKTWO SERVICE TO/FROM EUROPE TO EUUK KMC »*W HAVRE SOTO* ES&-. ivn V J\\ wm vu 4/u ivu a/u vu ivu a/u 4/u a/u u/u Jl/U 1/1 vi VU 7/U 1/U 1/U U/U 13/U IS/U l/U U/U 12/12 14/12 IVU 1«/U 11/U
      831 words
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      Page 17 Advertisements Column 3
      824 17 p i 1 f! I k i Scan Dutch WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCia S'f*l OMadfesJlPdaaa 3)trtMr|«>Ctart l/lf t/U i/U 1) to** Ganaa lagaora 2) AatfarM. Mw| U New L«*l, U* Caaary Mm* 3) hmm MM—* mmu nm 4) MM AO Mo MtMb accept** c»|» to fta*kot P U»|
      824 words
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      Page 17 Advertisements Column 4
      626 17 9 g i« a, "M J "ft 4 9 I k j k if if 5 If 1 I •I k 1 rage BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNON SOUTH AFRICA beaver bank SINGAPORE 10/12 eto Reunion 23/12 Durban 30/12 Capetown 6/1 Pt Eliz 12/1 (also accepting East London
      626 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      850 18 I I K line KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA Carter feeder »«seh aho avadafcte on tequnl Cif t o«s »Ko acceptable far Oakland. Vancouver Portland. Houston. Galveston New Orfc Boston SI Mn. PMadeptaa Norfo* Baltenore Savannah lacksonWk TO EUROPE S pore P Kelang L Havre
      850 words
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      Page 18 Advertisements Column 2
      553 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Load* tar: LOS ANGELES. SAN FRANCISCO SEATTLE TACGMA. VANCOUVER «.C. Accept** Fa/Fa Contwwrj vr svr AUSTRALIA EXPRESS CONTAMER SERVICE Act** Fa/Fa CMUmh NEW ZEALAND SERVICE iM*it tm immi irmnai wa hjcximb tjmumji ra/fa ci—i JAPAN SERVICE VISHVA AOTYA" (erf Mch) ARUNACHAL PRADESH' (calls
      553 words
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      Page 18 Advertisements Column 3
      721 18 i r :r f roiin SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINESI GENERAL 913J11 <14 LIN6S TERMINAL OFFICE *****83 TELEX RS 2459 E. RS ***** A B CARSHIP CABLE CARGOSHIP irrriiil Mm I'oiitaiiicr Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK voy INK BOUNTY
      721 words
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      Page 18 Advertisements Column 4
      600 18 U\ granard line INDEPENDENT ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCEmSC CONTAISER CARGO FCL OSLY FOR. PORT SAID. ALEXANDRIA, BEIRUT. LATTAXiA. UMASSOL ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge Spore P.Keiang MAM CHEONG 4111 I No* tr Port ■f MAN SJNG V 40*1 17 Nov -t-Cjfcnc
      600 words
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      Page 18 Advertisements Column 5
      748 18 t INTRftSfeA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11f*****57 55 ALP AC LINE Spore ALPACV.4S isc* P Kelang Penang Loadmt tor: W R union Ourtun Maiunga Agwh: Sin(apart MTRASEA (FTE) LTD *****U BOOKMG *****57 K. lunpur YEO SMPPMG TRADMG 440(44. *****2. *****S Penang Si AND CARGO
      748 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      823 19 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): C. RQZE 22* K JACBVON 10W MERCATOR 20** 0. CHEF 22W N. CORAL 211 V HK CONTAIO 23** C. COWTAMER 9W •Containers fetdered to/from F'stowe Also accepting cargo to/from Scandinavia -f K.JACEWON S'pore Closing Times. FCI
      823 words
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      Page 19 Advertisements Column 2
      129 19 WORLD LINE EXPRESS REGULAR SERVICES MP AN/HONGKONG/STRAITS TEMA BASCA SILVER LAKE L-64 Nov. 9/10 L-58 Nor. 13/14 L-68 Nor. 20/21 BLACK WHALE L-46 Nor. 27/28 Nov. 11/12 Nov. 15/16 Nov. 22/23 Nov. 29/30 gm «|Mt mrm ones (t) n lid, tst m m in* c«*« T 1 *r*M lmm% Sk
      129 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      481 20 MALDIVE LINES ETA ETA KUANTAN PORT KELANG MALDIVE LOYALTY Loading for Colombo MALDIVE PROGRESS Loading for Dubai/Doha/ Dammam/Kuwait MALDIVE MAGE Loading for Basrah MALDIVE NOVEL Loading for G«an, jeddah, Hodeidah MALDIVE PEACE Loading for Jeddah MALDIVE SEAFARER Loading for Jeddah MALDIVE IMPORTER Loading for Male MALDIVE INDUSTRY Loading tor Chittagong
      481 words
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      Page 20 Advertisements Column 2
      606 20 MAC-NELS& ENCIES LTD NVOCC KWOCtNT RATI QUOTED ON APPLICATION OUTBOUND/INBOUND-FCL-GROUPAGE SERVICE SPORE H-BURG ROTTERDAM UK ATKtW IEHWJVf 14/11 2/12 4/12 1/12 5/12 S/12 TO USA/CANADA SPORE OAKLAND LA VANC (BC) NEW YORK 13/11 15/12 14/12 11/12 23/12 ALSO TO: MAJOR US PORTS/MONTREAL. TORONTO TO AUSTRALIA TO HEW ZEALAIC SPORE SYDNEY
      606 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      177 20 fi Regional Weather m Wi r 4 V N ft */A M >.. 3 «,*>■ 0 m KJ 5 i. v> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm I TemmratiirP V X\ Temperature y y Shower Weather Wind direction with speed in knots Rain
      177 words