The Business Times, 28 November 1980

Microfilm: NL10816
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 111/1/8« FRIDAY, NOVEMBER 28,1981 50 CENTS
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  • BRIEFLY...
    • Article
      Tourist arrivals
      51 1 TOURIST arrivals in Singapore continue to increase healthily. Latest statistics from the Singapore Tourist Promotion Board show that arrivals in September was 10.9 per cent higher than that registered last September. The total for the first nine months also showed an increase of 13.7 per cent over comparative
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    • Article
      Boost for rubber
      54 1 KUALA LUMPUR, Thurs. Minister of Primary Industries Datuk Paul Leong today said more land will be planted with rubber under the Fourth Malaysia Plan period to increase the country's natural rubber production. He told the Malaysian Parliament that efforts would also be made to improve the yield
      54 words
    • Article
      Production halted
      64 1 LIVERPOOL, Thurs. Production of Escort cars at Ford Motor's Halewood factory near here was halted today after 2,500 workers were sent home in the latest dispute to hit the strike-ridden plant. The trouble began yesterday night when a group of 22 workers in the factory's body press shop
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    • Article
      Silent stand
      51 1 BEIJING, Thurs. The last member of China's so-called Gang of Four to enter the dock, former Shanghai Mayor Zhang Chunqiao, today refused to answer questions put to him in court and remained silent throughout the proceedings. But Beijing's official radio said his silence could not lighten his responsibility.
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    • Article
      Investment cutback
      60 1 BEIJING, Thurs. China will reduce investment in capital construction next year under a plan to cut out duplication and lack of coordination in economic development, Finance Minister Wang Bingqian said today. Mr Wang said the measures will be taken to raise the yield of investment in capital construction
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    • Article
      Budget suggestion
      66 1 TOKYO, Thurs. State Minister and Economic Planning Agency director general Toshio Komoto said that Japan's defence budget should be increased to one per cent of its gross national product as soon as possible. Though there are strong opinions in the ruling Liberal-Democratic Party that Japan's defence budget should
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    • Article
      Lock icon Iran will attend
      71 1 Reuter TEHERAN, Thurs. Iranian representatives will attend next month's Organisation of Petroleum Exporting Countries ministerial meeting in Bali, Indonesia, the official Pars News Agency reported today. The report quoted an Iranian oil ministry announcement. It contrasted with a statement in Jakarta yesterday by Indonesian Oil Minister Subroto
      Reuter  -  71 words
    • Article
      Strike called off
      41 1 WARSAW, Thurs. Polish free trade union leaders today called off a general strike in Warsaw, but they brought a huge steel mill to a standstill to force the government to open immediate negotiations on a list of demands.
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  • Article
    Chief Price Changes
    145 1 Rises Indices SEAL 640 Sea View 388 G E Life 1600 H K Land 900 M Credit 268 Shangri-La 1690 Sea View Loan 262 H Royal 310 M Cement 840 Guinness 785 Lien Hoe 205 Falls Tronoh Mine* 2160 P M R I 790 M Glass 446
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  • Article, Illustration
    KUALA LUMPUR
    146 1 Falls Indices Svn Resins 870 -55 Nov 26 Nov 27 Berjuntai 1570 Rahman Hv 1650 -50 -50 B.T. Index: Industrials: *****.*****61.05 856.20 842.62 Tronoh 2250 -50 Finance: 1251.85 1237.20 P M R I 800 -40 Hotels: 401.03 400.74 Kg Lanjut S Trading M U Ind 850 -40 Properties:
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  • Article
    Net fall in jobs in 3rd quarter
    765 1  -  SHARP REVERSAL IN TREND By FONG MEW LENG LATEST labour statistics show that employment in Singapore has declined for the first time in many years, a reversal in trend that has more positive than negative implications. The Ministry of Labour revealed yesterday that
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  • Article
    Market index falls by 10 points
    170 1 INCREASED selling pressure on the Stock Exchange of Singapore yesterday sent the Straits Times Industrial Index 10.05 points down. Moving deeper into a correction phase, the ST Index, market monitor of 30 quality stocks, appears likely to fall further in the next few days.
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  • Article
    Okamoto (S) helps small industries
    358 1 FOR the first time in Singapore, a Japanese machine tool manufacturer is carrying out a special "aid-small-industries" scheme for its former employees. Under this scheme, Okamoto (S) Pte Ltd helps its former Singapore employees to set up supporting precision componentmanufacturing factories. The new company will
    358 words
  • Article
    Esso's storage capacity
    285 1 ESSO is planning to expand its storage capacity in Pulau Ayer Chawan to accommodate crude oil supplies which the new Singapore National Oil Company secured recently to meet the Republic's domestic requirements. SNOC, which took delivery of 200,000 tonnes of Arab light crude worth about US$49 million
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  • Article, Illustration
    Hwang to be new chief of EDB
    232 1 MR P.Y. Hwang, 43, (above), currently Singapore's ambassador to Belgium and the EEC, will take over as chairman of the Economic Development Board In January next year. The impending change in the leadership of the EDB, first reported in Business Times two weeks
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  • Article
    BP S'pore to produce copper-clad laminates
    466 1  -  By RONNIE LIM PLANS FOR a pioneer plant producing raw "starting" materials for printed circuit boards were unveiled yesterday. What is most striking is that the $26 million project is being undertaken by a major oil group, British Petroleum. The BP group's diversification into
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      36 1 r Computer Safe Maximum Protection and Security For Data Media S4FE/IND SECURITY j SYSTEMS PTE. LIMITED II 31 I 45 Podium Block, Goldhill Plaza, Newton Road, Singapore 1130 CaWe EDP SYSTEMS Tel: *****11/3 SEE page 5
      36 words
    • Advertisement
      Page 1 Advertisements Column 2
      45 1 Made in Switzerland 3 International recognized as 5 Trend-setters. K'Another winner from BALLY of T f Switzerland newest collection of leisure shoes for men. Soft rich suede with ultra lightweight sole. Sole Agent for S.E.Asia, Hong Kong Et Taiwan S.G. Parrett Son (Pte) Ltd. Singapore
      45 words
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      Page 1 Advertisements Column 3
      69 1 mm SHIPPING TIMES NIPPON Miniature Bearings moves into electronics I HITACHI apposes control on shares 0wner5hip...................... 3 THE worst rift in the Arab world for a decade........—......... S GERMANY may catch the 'English sickness' 7 ECONOMIC boom in a European c0untry............................. 7 INTERWOOD suffers first loss in Ave year 5.............................
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    • Advertisement
      Page 1 Advertisements Column 4
      195 1 ->• s vrour h .sin ,1 p\*it UU\ in Ihi Hi International Group Tours. Air Tickets to The World at Current Market Prices. S/HO AMERfCA TRAVEL COBPN PTE LTD Soirt 461 3*oflOO* S COWlf* oios J—l I I ■■Ml I I I? G BKK MNL TVO SEL KBR KCH Leader...page
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  • TRADE AND INDUSTRY
    • Article, Illustration
      NMB fast moving into electronics
      358 2  -  By SIOW LI SEN NIPPON Miniature Bearing's diversification into the electronics industry took a step forward last month with the setting up Micaltronic Industries, formerly the printer and calculator division of NMB. The diversification into electronics began three years ago and with time, NMB, better
      358 words
    • Article
      SBS takes delivery of prototype
      258 2 SINGAPORE Bus Service recently took delivery of its first completely-assem-bled bus from New Zealand Motor Bodies. The company is providing body kits for 200 SBS buses which are to be fitted with Volvo chassis. Except for the prototype, the other 199 buses will be assembled
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    • Article
      Upgrading taxi-drivers
      70 2 NTUC-Comfort and the Vocational and Industrial Training Board will introduce a training scheme to improve driving skills of taxi-operators. All new taxi-operators who were successful in the balloting for NTUC-Comfort taxis on Oct 21 1980 will be required to take the course. In future, NTUC-Comfort will make it
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    • Article
      McVities-Meiji to diversify products
      281 2 McVITIES-Meiji Singapore, formed about a year ago to produce fig biscuits, is negotiating to produce other types of biscuits. McVities-Meiji's sales of fig biscuits have reached £200,000, most of which go to West Asia, said Mr Charles Bystran, managing director of United Biscuits International, partner of
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    • Article
      Chilean timber delegation in
      300 2 A DELEGATION from the Chilean forestry industry arrives in Singapore today for a six-day visit. The delegates will contact local exporters, importers and manufacturers Resides studying market prospects for their products, which are logs, sawnwood, boards, prefabricated houses and furniture. The delegates will have discussion with
      300 words
    • Article
      Science is fun
      228 2 SCIENCE can be a barrel of fun for 10 and 11-year-olds if it is explained in simple terms through demonstrations and experiments. The Singapore Science Centre has organised two workshop sessions for science teachers from primary schools to help them make the learning of science easy and
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    • Article
      TRADE TALK
      394 2 THE second edition of Where to Buy and What to Pay A Guide to Shopping in Singapore, scheduled to be out by January, will be published only in March. The delay is caused by the Singapore Tourist Promotion Board's decision to have a new advertising agency up-date subsequent
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      260 2 a I* V-4-r V. Jt^ &>V :V i A r *ss H W.- 9£faSttS£%flK»iak P. 1.3. ,g On-board couriers are a DHL exclusive Send it with DHL and we'll send our DHL man with it Each day, over 200 on-board DHL Couriers personally accompany the documents and parcels we carry
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  • REGIONAL
    • Article
      Lock icon Hitachi fighting move to lower foreign stake
      604 3 Reuter HITACHI Ltd said it is resisting Japanese government attempts to lower the limit of its foreign shareholding to 25 per cent of share capital from 30 per cent. Hitachi said its board of directors raised the limit to 30 per cent from
      Reuter  -  604 words
    • Article
      Lock icon Calcutta stopped by strike
      300 3 UPI BUSINESS in the bustling city of Calcutta came to a halt yesterday during a general strike sponsored by West Bengal state's Marxist ruling United Left Front. The strike, which began at sunrise and was scheduled to end at sunset, is a protest against alleged discrimination
      UPI  -  300 words
    • Article
      Lock icon Japanese production gains
      123 3 AFP BOTH Japanese industrial production and shipment scored a second consecutive monthly gain in October, recording rises of 0.4 per cent and 1.5 per cent respectively over the preceding month, it was announced yesterday. Preliminary figures published by the Ministry of International Trade and Industry (Miti) showed
      AFP  -  123 words
    • Article
      Lock icon Malaysia proposes projects for small industries
      152 3 AFP MALAYSIA yesterday proposed that the Asean subcommittee on protein consider projects which support the development of small industries. The secretary-general of the science, technology and environment ministry, Datuk Mohamed Hashim Sam Abdul Latif, said Malaysia was more interested in the development of small
      AFP  -  152 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      144 3 NOTICE WW Change of Address The Corporate Headquarters of Cycle Carriage Limited is now located at: 20th and 21st Floors Liat Towers 541 Orchard Road Singapore 0923 Telephone No. *****66 Telex No. R*****5 CYCARL The operational management and administration of Cycle Carriage (Enterprises) Pte Limited, comprising the Mitsubishi Division and
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      Page 3 Advertisements Column 2
      297 3 Va j > y 1 i t J fl faroous Nam£ In Watchmaking Its very ownership is sheer testimony to the kind of man or u oman who owns one. The advancement of fine Swtss watch technology; the perfect creation of the master craftsmen —unexcelled in beauty, design and precision.
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  • RAW MATERIALS
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottoa yam: China Blue Phoenix 20s 1,935 32s 2,750, 40s 2,970 (per bale of 400 lbs). Piece g**da: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • Article
      RICE
      335 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.08, 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 0.82. THAI BROKEN: A-super 0.74, Special 0.70.
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    • Article
      Thai rice production
      117 4 THAILAND'S 1981 rice production may exceed the record crop of 17.5 million tonnes last year, which would be well above the weather-reduced 1980 crop of 15.3 million tonnes. In its roundup of world production and trade developments, the US Department of Agriculture said rice exports this year
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    • Article
      RUBBER
      246 4 THE Slagapwe market closed slightly easier yesterday with December One RSS buyers quoted at 299.50 cents per kilo, down 0.75 cents from Wednesday's close, dealers said. Morning prices were marked down slightly on lack of buying support and speculative selling, they said. Afternoon prices eased further but levels recovered
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    • Article
      RAS PRICES PRICES
      329 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 294.50 295.50N Int. 1 R.S.S. December 300 00 300 50 Int. 1 R.S.S. Jan 1981 306.50 307 00 Int. 2 R.S.S 284.00 285 OON UK/Cont 283.00 284.00N Int. 3 R.S.S.
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    • Article
      SSR and SMR
      103 4 NOON SSR u >d SMR prkes yesterday RAS SSR 20 SSR 50 MRELB (1-ton pallet) (1-ton pallet) December (Current Mth) Bayers Salleri 243 00 244 OON 238 00 239 00S Jaaaary (Forward Mtk) Buyert Seller* 245 00 247.OON ***** 242.00N SMRCV SMRL SMR 5 SMR GP SMR
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    • Article
      Closing prices
      40 4 Rubber: Nov 27 Singapore: Dec: 299.50 cents (down 0.75 cent) Malaysia: Dec: 308.50 cents (down 0.50 cent) Tin: M 51,962 (up $12) (equivalent to $32.44 per kilo) (up 20 cents) Official offering: 183 Vi tonnes (up 23V4 tonnes)
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    • Article
      Straits Tin
      73 4 THE Straits tin price in Penang rose Msl2 to tIJSi per picol ($32.44 per Idle) yesterday, still $183 below the International Tin Agreement ceiling, dealers said. Steadier overnight London advices and Increased buying, mainly from Europe and supported by Japan and locally, contributed to the higher prices. Increased
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    • Article
      Produce exchange
      175 4 CHINESE Pr»<ict Exckugt, WippOT, flwit prices per lMkg yesterday: Cseswrt «U: Bulk fob $140.00 sellers, old drum (In second hand drum) fob 1152.00 sellers, new drum fob $100.00 sellers. Cspra: Mixed (too*) $83.00 buyers. Pepper: Muntok white pepper fob Asu NLW $420.00 sellers. Sarawak white pepper taq fob
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    • Article
      SOYBEAN
      182 4 CHICAGO soybean futures closed at new day's highs on Wednesday, up 8 1 i to 17 cents a bushel in moderately active trade. Strong European markets in heavy trade, believed to be for Eastern European export interest, provided spillover support from the start, traders said. Active local short-cover-ing touched
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    • Article
      WHEAT
      186 4 WHEAT futures in Chicago closed unchanged to up 4'/t US cents a bushel on Wednesday. Prices settled near the top of a 4Mi cent range. Active exporter pricing of nearbys ahead of significant pending export business held values strong in late activity, traders said. Local short-covering following Tuesday night's
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    • Article
      LONDON MARKETS
      763 4 COfTEE: Robusta futures j' closed the morning session steady yesterday, £5 up to £4 down from Wednesday r with the first three positions about unchanged. n Turnover was 661 lots including 15 options, n Dealers said the market held a narrow trading range >- with local dealer and
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    • Article
      PALM OIL
      124 4 THE Malaysian palm oil market ruled higher yesterday on covering due to inquiries from the Indian State Trading Corporation, dealers said. In the Central Region December rose Mss to $980 per tonne. The Northern Region was traded at the same level. In the South and Central January was
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  • ASIAN STOCKS
    • Article
      Share prices fall on profit-taking
      550 4 TOKYO SHARE prices fell on sporadic profittaking yesterday as operators became worried about high prices alter the market average hit a record high of 7,189.58 points at the morning close, dealers said. The market average fell 14.13 points to 7,172.17 in light trading with volume
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    • Article
      Hongkong
      354 4 CONTINUING institutional selling has begun to affect the market as speculative demand for shares failed to keep pace with the selling due to continuing fears of higher interest rates. The market opened firm on Wednesday's upward momentum but lost steam quickly. Trading was dull during the mid-session with prices
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    • Article
      Sydney
      381 4 SCATTERED energy rises helped make up for a dull metal sector yesterday as buyers returned to check a seven-day slide amid speculation of another Opec price rise, dealers said. Partners in the Cooper Basin well, Naccowlah No 1, continued to benefit from oil shows. Santos rose 40 cents to
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    • Article
      Bangkok
      265 4 STOCK prices weakened in quiet trading yesterday, dealers said. First Trust fell 2 baht to* 55.50, Industrial Finance Corporation one baht to 122, Berli Jucker 4 baht to 287, Saha Union one baht to 191 and Rama Tower 3 baht to 88.50. NOV 27 Bah is Aslu Credit 134
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    • Article
      Manila
      137 4 THE market generally eased yesterday with turnover falling to 4.1 million pesos from 8.9 million pesos on Wednesday, dealers said. Atlas Con B and Lepanto B closed stronger while Philex B, Basic Petroleum and CDCP were among the losers. NOV 27 Pesos Acoje Mining 0076 unch Alias Con A
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    • Article
      Selected indices
      50 4 FINANCIAL TIMES INDUSTRIALS Wednesday 494.6 Tuesday 497.3 Week Ago 510.5 DOW JONES AVERAGE INDUSTRIALS Wednesday 989.08 Tuesday 982.88 Week Ago 991.04 H.KJIANG SENG Thursday 1488.09 Wednesday 1523.69 Week Ago 1576.28 SYDNEY INDUSTRIALS Thursday 768.02 Wednesday 765.63 Week Ago 770.59 ALL ORDINARIES Thursday 1027.46 Wednesday 1022.18 Week Ago 1037.41
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      104 4 Studio M opens its (loors to Diners Club members w From now on Diners Club members are entitled to the same privileges as Studio M members. They include booking your own table in advance and being able to introduce three guests without paying cover charge. We will have to continue
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  • OVERSEAS
    • Article
      Lock icon Poland moves to head off citywide strike
      716 5 Reuter POLISH labour union sources said early yesterday that the authorities, in a move to head off a citywide strike in Warsaw, had released two workers who had been arrested and charged with revealing a secret government document. The sources said the Warsaw
      Reuter  -  716 words
    • Article
      Lock icon Individual tax cut to be Reagan's first priority
      260 5 NYT AN INDIVIDUAL tax cut, as part of a comprehensive economic programme, will be the Reagan administration's "first priority" after it takes office next Jan 20, a senior associate of the president-elect said on Wednesday. Edwin Meese, counselor to Mr Reagan, told
      NYT  -  260 words
    • Article
      Lock icon Oil countries are raising prices
      439 5 AFP DESPITE the partial resumption of oil exports by Iraq and Iran, there is a growing tendency by oil exporting countries to raise their prices. Indonesia has told its Japanese clients that the extra premium will rise from US$2 to between $3 and $3.7 a
      AFP  -  439 words
    • Article
      Lock icon Talks on US hostages enter new phase
      359 5 AFP THE difficult, often mercurial negotiations for the release of the 52 American hostages in Iran entered a new phase on Wednesday which sources in Washington said might last longer than expected. The new phase was marked by the delivery to the US
      AFP  -  359 words
    • WORLD IN BRIEF
      • Article
        Lock icon CAR OUTPUT DROPS
        457 5 Agencies US CAR production for 1980 will be the lowest since 1961, while truck output will be lowest since 1967, according to the trade newspaper, Automotive News. This year the carmakers will build about 6.46 million cars, down 23.2 per cent from the 8.41 million assembled in
        Agencies  -  457 words
    • Article
      Lock icon Money puts Howe in trouble
      150 5 AP SIR Geoffrey Howe, the man who controls Britain's purse strings as Chancellor of the Exchequer, is in deep trouble over money and could lose his number two po6t in the Cabinet. Howe, 53, apparently failed to inform his cabinet colleagues about the extent of
      AP  -  150 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      842 5 m a TOURS AIR CHARTER THE SUPER DC-10 CHARTER New Year Chinese New Year Joy-Ride' Flights Dep: Ist January, 1981 sth February, 1981 569 (Children under 12 years) S9B (Adult) Child Thrill to an exciting hour's flight from KL, over Pangkor Island, the Straits of Malacca, Peninsula Malaysia and back
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  • Article
    Economy in a crucial phase
    452 6 BURIED in the mass of figures that have just emerged from the Labour Ministry are some very significant messages for Singapore. Most obviously, job creation has turned negative in the third quarter for the first time in many years. The blunt fact is that jobs
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  • Article
    Esso plans good for Singapore too
    253 6 IT DOES not pay to keep all your eggs in one basket or all your business plans in one oil barrel. The wisdom of this old saying has made itself abundantly clear in the last five or six years. The sudden awakening in 1973
    253 words
  • Article, Illustration
    Polarisation in Arab world
    1144 6  -  ABSENCE AT AMMAN SUMMIT "If the summit had been held anywhere other than Jordan, and thereby not under the patronage of King Hussein, it is unlikely there would be a boycott." Is that fair comment? But the point is, reports GAVIN BELL, the empty chairs at
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  • Article
    STRAWS IN THE WIND
    174 6 A VISITOR to Hongkong didn't quite know what to make of the night when she was first taken to what was described as a "revolting restaurant" and then, right through dinner, waitresses kept muttering to her "accuse me, m'am" and "execute me, m'am". If it was
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  • Article
    SEEING IS BELIEVING
    731 6  -  FORUM with B J WU I ATTENDED the Opera recently. It was not in London, Paris nor Rome, but in Beijing, the capital of the People's Republic of China. "La Traviata" by Giuseppe Verdi was performed in all its grandeur on the Beijing stage. The audience could
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      102 6 Are you going our wayTOKYO OSAKA! TOKYO OSAKA TAIPEI SINGAPORE V HONG KONG *For as little as $45 a night (inclusive of free breakfast) Let NEWPORT TRAVEL show you how you can save up to 50%* of your normal hotel costs. No Gimmicks Genuine Savings Deluxe/First Class Hotels Ask for
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  • Page 6 Miscellaneous
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  • Article, Illustration
    Lock icon English malady proving to be contagious
    1574 7  -  Bv SAMUEL BRITTAN FT "A t)ECLINE in manufacturing export/import ratios hafTpeen caused not by a waa&ening share of world ■manufacturing trade, which in. fact has been roughly maintained, but by increased imports with industry being successfully challenged in its home territory. future, a rise
    FT  -  1,574 words
  • Article
    Lock icon SWISS SECRET FORMULA
    641 7  -  By MARCUS FERRAR Reuter WH£LE much of the western industrialised world has been plunged into recession, Switzerland has been enjoying an economic boom. Government and industry forecasters predict the world economic slowdown will have a delayed effect in Zurich next year, but its impact is expected to
    Reuter  -  641 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      174 7 Will the future be worth living? It sup to all of us! years y6ar 2000 they w be 9 rown uP- But will there begood develop better medicines. They search for methods to SSSSSSS? BS SSSr 2^'— Your child needs our research. Hoechst Singapore Pie. Ltd. Soon Wing Industrial Building
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        288 8 NOV 2b Frs CORBEILLE Air-Liquide 547 -6 B S N Gervais Danone 1160 -10 C S K (ThomsonCif) 454 20 -4 9 Cie Krancatsr des WlroJfs 252 80 -2 Compagnie Financiers Compagnie Generate 395 .4 Credit Fonner De France 440 -6 H ache tie (Librairie) 327 16 Machines Bull
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      • Article
        Frankfurt
        216 8 NOV 2t> Dm Aeg-Telefunken 79 00 -05 Akzo 17 30 -0.2 A112 Leben *****0 -30 A112 Vers 478 00 75 BASK 122 10 Bay H T Wbank 231 00B Bay Vbank Bayer ***** -06 BBC 275.50 -05 BMW 157 50 Oassella 311.10 unch Chem Verw 240 00B C'ommrrzbank *****
        216 words
      • Article
        Brussels
        93 8 NOV 26 Krs forward market Arrc 305 -J Arbed 1224 -26 Astur 337 1 Brascan 964 4 Bru-Lamb 1010 unch Canpac 1220 20 Cock 180 -4 D* Beprs 352 2 Elys 1530 -10 Elrclrobel 4450 unch Gb-Inno-Bm 2000 unch Ov 1276 6 HoboK 2530 unch Petro 5320 ••-30 Ryl
        93 words
      • Article
        Amsterdam
        224 8 NO\ Kts AHN 283.50 -I Ahold 69 30 1.1 Ak/«» 19 10 0 1 AMFV 95 30 06 Am!a> 112 30 ♦0.8 Atnrobnk 58 70 -08 llrrgosx 27 50 0.5 ivrk 58 50 unrh B«>IN 56 60 -03 Borsumij ***** 7 burhinann 59 80 0 8 liyrnkorf 39 00
        224 words
      • Article
        Zurich
        184 8 NOV 26 1'rancs Actions Suisse* 296B Alusuisse Br 1155 15 Alusuisse Reg 451 1 Brown Boveri Br 1530 -S Cibu Grig) Br 950 unch C'iba Cirigj P C 755 -S Clba Grig) Reg 548 -2 Credit Suisse Br 2625 •10 Credit Suisse Reg 437 1 Elektrowatt Br 2605 unch
        184 words
      • Article
        Milan
        100 8 NOV 26 Lire Anic 875 0.2 Assot Gen ***** -1000 Bastogi 720 unch Central* ***** -310 Flat 3712 22 Kinsider *3 .4 Gen Imraub 2065 -45 IH Pri 4473 -27 Itaicementi ***** -500 1 taigas 1665 •120 Ilalstdrr 300 unch Magnet! M P1 649 -6 Marelli Ere 350 .9
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        TORONTO
        214 8 NOV 26 CS Abitibi 26'. A lean 44 Algoma 38', •l 1 Bank Mont 34 Bank Nova Scotia 36 i .i, Bell Tel 1»'. i 1] Belh Corp BP Can Ltd 41 ffl, Brascan jr. Camp Red Lake w "l Can Imp Bk n Canp&c 48 Canpar Inv Pf
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        JOHANNESBURG
        274 8 NOV 26 Rand INDUSTRIALS A Alpha 406 unch AE And CI 850 AMIC 2550 Cg Sugar CNA Curne Finance 200 -25 unch Fed Voik 505 t-5 Gardian Gienanl Hippo Hi veld Huletu 700 Liberty LTA M And R 600 unch OIL 41 Ok Baz 1720 -5 Pep 785 -5
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      147 8 Where to wine, dine and entertain 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. MBL call Apollo Sentosa Reservation Centre
      147 words
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      Page 8 Advertisements Column 2
      125 8 OLmkai JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daik': 12 noon 3 p.m. 6.30 p.m. 10.30 p.m. For reservations call ***** 7 7 i C I'lll-k HI 14 T! 11l tit sheraton Nass-Ti Hill Singapore 102' Te> -ccr.A-: -f. rm A LUNCH Hors d'oeuvres trolley
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      Page 8 Advertisements Column 3
      172 8 .|=/<$,`%<}==_%]~!`$^<.;)^\)-_@ The Great Family Do-lt-toursetf Barbecue 'I f i Jr- rJt t rt I** J «k J' —k. /V.| 005® bW vou weapons. bovßMwani Every Friday and Saturday ntahL PooteWe at the Oberoi lust choose whit you wan! and barbecue it MNt seafood salads, saucrs CVfs hat and apron asoihbie
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      Page 8 Advertisements Column 4
      151 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 HKTON INTERNATIONAL SINGAPORE
      151 words
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      Page 8 Advertisements Column 5
      231 8 Itfc as good as going to Bangkok. This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table It was. An enormous variety of succulent seafoods expertly prepared by Thai chefs in our Kitchen Siamese Seafood Restaurant The Cantonese
      231 words
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  • BANKING AND FINANCE
    • Article
      GOLD
      361 9 GOLD futures closed generally easier yesterday compared with overnight levels in light trading, dealers said. Opening quotations were marked down around US$2.5O an ounce following the metal's weakness in New York overnight, they said. The market then recovered slightly during the morning's close before falling further in late afternoon
      361 words
    • Article
      Silver quotes
      37 9 Wed Tim New York 18.40B 18.50B 18 70S 18.80S Zurich 18.30B 18.30B 18.70S 18.70S niri Wed Singapore 18 40B 18.40B 18 80S 18.SOS Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.
      37 words
    • Article
      PLR
      22 9 THE average; rate at which major Singapore banks are currently prepared to lend to their best customers is 13.7 per cent.
      22 words
    • Article
      ASIAN $ RATES
      191 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Nov 27: U8 Dollar*(Spot) Offer Bid 7 days 18H 18'/< 1 month IS 7/16 195/16 2 months 18 >4 18 3 months 18 17% 6 months 18 1V16 1® 13/16 9 months 16 1/16 15 15/16 12 months 15V,
      191 words
    • Article
      Discount
      49 9 RANGE of prices offered by discount houses on Nov 27: Overnight: 6 to tv,% Call deposits: 6H to 1%% Closing Baying Selling 3-month Treasury bills 613/16 611/16 3-month Bank bills 14'/« 14>4 3 months CD 1311/1613 0/16 6 months CD 13 H 13 V. Source: National Discount Co
      49 words
    • Article
      Frankfurt
      2 9 Si
      2 words
    • Article
      Zurich
      48 9 CLOSING quotes on Zurich exchanges yesterday: US 1.7320-7335 Sterling 4.1040-1087 Can 1.4585-4603 DMk- 90.0910-2160 D F1 83.0895-2013 F FT 38.8689-9201 B Fr 5 6034-6109 D Kr 29.335-3764 N Kr 34.4231-4632 S Kr 40 .1297-1787 Lit 0.1896-1899 Aus sch 12.7096-7299 Port 3.3053-3241 Spain 2.2277-2325 Arg 0.0840-0940 Yen 0.8013-8025
      48 words
    • Article
      Singapore market
      467 9 THE US dollar opened firmer against major currencies in the foreign exchange market yesterday after announcements of prime lending rate increases in the US. In reaction to these steep Euro-rates, the US dollar started off at a firm 2.0970/ 80 against the local dollar before fluctuating marginally throughout
      467 words
    • Article
      Hongkong
      167 9 THE US dollar weakened slightly in late foreign exchange trading yesterday, dealers said. Against the yen it fell to 215.75/85 from the 216.10/35 overnight New York close and Tokyo 216.10 close. In terms of the mark the US currency dropped to a late 1.9242/47 from an early 1.9287/92 and
      167 words
    • Article
      Continued rise
      1138 9 NEW YORK STOCKS A SURGE by oil and gas issues overcame the negative impact of another rise in the prime rate and the New York stock market on Wednesday ended higher in heavy trading. The Dow Jones industrial average added seven points but declines edged advances by a
      1,138 words
    • Article
      London
      165 9 THE US dollar held firm against most currencies yesterday, boosted by high US interest rates and continued concern over Poland, dealers said. It opened strongly at 1.9250/58 marks against Wednesday's London close of 1.9206/15 and the late Hongkong 1.9242/47. It moved further to 1.9270/78 marks in early trading. The
      165 words
    • Article
      Tokyo
      120 9 THE dollar for overnight delivery closed firmer at 216.10 yen yesterday, compared with a 216 opening and 214 at Wednesday's close, dealers said. Trading was moderate with volume at USJ7B6 million. Just before the close the dollar firmed to a twomonth high of 216.20 yen as Japanese and foreign
      120 words
    • Article
      Australia/NZ
      71 9 QUOTES on Australia and New Zealand exchanges yesterday: AUSTRALIA: US dollar 1 1655 /1.1617 Sterling 0.4943 0 4887 90-day airmail buying rates: Sterling 0.5190 US dollar 1.2190 -*i 90-day forward buying rates: Sterling 0 4965 US dollar 1.1758 NEW ZEALAND Reserve Bank midrate: US dollar 0.9612 Trading Bank indications:
      71 words
    • Article
      Singapore's usage of Euro-clear growing
      369 9  -  By SIOW LI SEN SOME 30 banks and brokerage houses in Singapore are participants in the Euroclear system which provides custody service for international securities, cash clearing facilities as well as securities settlements. Mr Sean McSharry, vicepresident and head of the Euro-clear department in Brussels
      369 words
    • Article
      Lock icon US banks raise prime rates to 17.75 per cent
      329 9 Reuter MOST major US banks on Wednesday raised their prime lending rates to 17.75 per cent from 17 per cent, making three increases totalling 1.5 percentage points in 10 days. Banks are facing strong demand for loans and rising costs of
      Reuter  -  329 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      156 9 NOTICES NOTICE To the holders of the floating rate U S Dollar Certificates of Deposit due 30th November, 1983 of: W THE TOKAI BANK, LIMITED Suites 2801/2803. Clifford Centre 24 Raffles Place. Singapore 0104 We hereby certify that the rate of interest payable on the above-mentioned Certificates of Deposit for
      156 words
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      Page 9 Advertisements Column 2
      387 9 BOOMS THAT SOLVE BIG P and Build New Wealth for a Perceptive Few Twenty years ago the Investing public wasbusy following chronic alarmists out of a market which had been plagued by recession, credit problems and Russian breakthroughs in a cold war and missile race. It was hardly a time
      387 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1636 10 BID and otter 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 (4 3.44
    1,636 words
  • Article
    Unit trusts
    144 10 ■MUPWI DNR1B0R ouMaonMc The Commerce iMNnn t fin' prtM 134 ia I nks Spare Fund hrN«i US ;"U The Savtnfi Fund 100 IXi S pore Prof Fund 1.17 LS4 WCOtfl BOM D UNn S'pore Sac. ruad lit 1» (Uffwet fMMi) S pore Invert Fund in loi income Hand
    144 words
  • Article
    SHARE INFORMATION SERVICE
    2752 10 Gr'» Gr*s Not lwSO Last Div Dir YTd P/K Vol Day High i Low Company Sale or- Cvr COOO] > Hick Low SECTION ONE INDUSTRIAL ft COMMERCIAL 372 245 Acma 340 -8 15.0 2.8 4.4 13.4 7 344 340 300 220 Alcom 300 12.0 24 4.0 17.0
    2,752 words
  • Article
    In Kuala Lumpur
    1921 10 BID and after prices officially listed and b—!■— in and reported to the Kuala tjimpir Stock Exchanie yesterday with the number of shares traded shown la brackets in lots of 1,000 units, unless otherwise specified. J INDUSTRIALS Akmm (3.048 1086) (5) 104 (3) 108 A Cbaa (1.328
    1,921 words
  • Article, Illustration
    Widespread erosion of share prices
    757 10 WEAK seattmeat aa the staeh exchaage yesterday led la widespread wsha la share prieee. The market, which kad keea drlfttag almieaaiy fer the iaat few tradlag days, aew appears set aa a dewaward Idas. Oae aaaytst said the fall gave the aeeded cerreettea that Is
    757 words
  • Article
    Broadly lower close in KL
    576 10 THE Kuala Lumpur stock market succumbed to persistent selling to close broadly lower yesterday following poor overseas leads. Sentiment was eroded by the continued weakness in the Hongkong market which fell 77.60 points to 1466.09, the second sharp decline in a week. The market hit
    576 words
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  • COMPANY NEWS
    • Article
      SJAH earnings up 37 per cent
      161 11 AN INCREASE in gross operating income, probably brought about by increased bus fares, has boosted midterm earnings at South Johore Amalgamated Holdings. Group pre-tax profits for the six months to Sep 30, 1980 rose 37.1 per cent to 1292,000 against $213,000 reported for the
      161 words
    • Article
      COMPANY MEETINGS
      48 11 AYEB HI tun Tta Dredging (M) Bbd: AGM to be held at Wisma Bunga Raya, 152 Jalan Ampang, Kuala Lumpur at 10am on Nov 28. FABER Merlin (M) Bbd: AGM to be held at Hotel Merlin, Jalan Sultan Ismail, Kuala Lumpur at 11am on Nov 28.
      48 words
    • Article
      Lock icon Family ambition
      591 11 by HOCK LOCK SIEW WHERE a revamped Malaysia Rice is concerned, the Teo family of See Hoy Chan must surely be accredited with one thing that rice is no longer the bread and butter of this once sluggish company. Its path of diversification from traditional rice milling into
      by HOCK LOCK SIEW  -  591 words
    • Article
      DIVIDENDS ANNOUNCED
      421 11 Current Ex Booka Date Total for Total for Payment Date Cloae Payable the year Previoua year Aokam 16%(n)% Dec 8 Dec 18 Jan 2/81 26% 26% Ayer Hitam Tin 115% Oct 30 Nov 12* Dec 1 205% 290% Boustead 10% I Dec 8 Dec 18 Jan 15/81 10%
      421 words
    • Article
      INTEREST
      199 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Inchcape Loan 4.88*0) Dec 10 Dec 17 Dec 31 4.88% 8*.* SCRIP ISSUE Company Particulars Ex Date Books Close Alcom Proposed rights Issue of 2 for 1 <»$1.70 per share NYA NYA K
      199 words
    • Article
      Aokam to set up exploration outfit
      427 11 AOKAM Tin is to form a new company to carry out major exploration of deep tin bearing reserves several miles off the Takuapa coast in southern Thailand. The company will have Thai and Malaysian participation, with Aokam initially taking a 24.5 per cent share
      427 words
    • Article
      Lock icon Paribas reduces stake in SHK
      148 11 Reuter PARIBAS Asia has sold over 26 million shares it held in Sun Hung Kai Securities, Mr Michel Barret, managing director of Paribas, said. This has reduced the company's stake in SHK Securities to 5 per cent from 16.68 per cent. The shares were sold
      Reuter  -  148 words
    • Article
      S. Land expected to double profits
      501 11 SINGAPORE Land's pre-tax profits for the current year to Aug 31, 1981 is expected to reach $17.4 million, double those of the previous year. In making this forecast, Londonbased stockbrokers Laurence, Prust takes into account: an expected $1.8 million increase in net rental income
      501 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      269 11 tV'N**;/ > A j; B L i > ':.'4 idfriw 1 JBH m9F pppgsppp;^" <■•<.* V >«. &fS ¥> WL :,ifm <' vV 0$:/$' v v V<• <* .■>:> i-f..: <++0",: ■X> \.y-<4 <■■ v j fe. •>•> £».•>. <V I n > f J i.<* J i t*~t mm
      269 words
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  • Article
    Inter wood's first loss in 5 years
    304 12 INTERNATIONAL Wood Products (Interwood), a government-backed plywood miller, has reported its first operational loss in five years. The company's unaudited results released yesterday for the six months ended August 31 showed losses of $256,410 as against a pre-tax profit of $1.69 million in
    304 words
  • Article
    Lock icon Jakarta closes riot-hit city
    206 12 UPI, AP MILITARY authorities yesterday closed the riottorn Indonesian city of Semarang to outsiders unless they submit to a check by local officials. The situation was regarded as under control in the city, east of Jakarta, following two days of antiChinese rioting, sources in the city
    UPI,; AP  -  206 words
  • Article
    Lock icon China in market for sugar
    129 12 Reuter SUGAR dealers in London said yesterday that China and certain Middle Eastern consumers bought sugar in the past day or so, coinciding with the markets' fall to recent low levels. They said China has been negotiating for a sizeable tonnage of raw sugar and
    Reuter  -  129 words
  • Article
    Lock icon UK may extend textile curbs
    258 12 Reuter THE British government is considering a proposal from the textile industry to extend import restrictions to other industrialised countries under the next General Agreement on Trade Tariffs multi-fibre arrangement (MFA). Trade secretary John Nott told a parliamentary committee there was no reason in principle
    Reuter  -  258 words
  • Article
    LONDON STOCKS
    823 12 LONDON, Thurs. Oils continued to recover following the recent sell-off while other shares were generally steady, dealers said. BP, Shell and Ultramar added 8p apiece while Tricentrol rose 6p to 370 p. Elsewhere, leading industrials showed few changes from overnight levels though Johnson Matthey was up lOp to
    823 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      557 12 INTERNATIONAL CANADIAN SOFTWARE AND COMPUTER TIMESHARING FIRM seeks joint-venture partner to represent its interests in the ASEAN market area. A senior representative of the firm will be in Singapore on December 10, 11,' and 12, 1980, to hold discussions with interested parties. Interested principals are requested to contact: THE COMMERCIAL
      557 words
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      Page 12 Advertisements Column 2
      1 12 Leader...page
      1 words
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      Page 12 Advertisements Column 3
      239 12 NTAS BUSINESS CLASS WB* ',i G r V* n HHB U I > i 'Si* *i m iu I i J m --f j i w k %d 16 seat cabin occupying the upper deck, with its own sen ior steward and own washroom. Choice of cheeses. rt y* >
      239 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      65 12 jWEATiHERj Outlook for Singapore from 6 a.m. to 1 p.m. today: Thundery showers in several places after midday. Report for 24 hours prior to 7.39 p.m. on November 27 at the airport. Maximum temperature 29.0 Associated humidity 77 Minimum temperature 23.2 Associated humidity 98 Hours of sunshine 1.00 Rainfall in
      65 words
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  • SHIPPING TIMES
    • Article
      INDEX TO ADVERTISERS
      670 13 SUpping Line P*ge C*l SUpping Line PMe C4 Adriatic IV 5 Flotta Lauro V 5 Afea VI 3 Flower Line vn 4 Afro-Eurasia vm 3 Fortune VI 5 Alltrans VI 5 Franco-Belg m 4/5 Alpac VI 5 Frata NVOC IV 2 Angkutan VI 4 Freight vn 4
      670 words
    • Article
      China Navigation to containerise its 15-year service
      527 13  -  By LINDA CHEE CHINA Navigation will containerise its over 15-year-old shipping service between Singapore and Papua New Guinea by introducing a 372TEU container ship in March next year. As a member of the Hongkong-based Swire Group, China Navigation currently operates a monthly general
      527 words
    • PORTSIDES
      • Article
        Lock icon Less oil for Japan Line
        112 13 AFP THE Abu Dhabi National Oil Co of the United Arab Emirates has told Japan Line it will curtail oil supplies to the major Japanese shipping company to 15,000 barrels a day from the present 60,0(X) barrels from Jan. Oil industry sources said the oil
        AFP  -  112 words
      • Article
        Lock icon China orders again
        38 13 AFP CHINA has ordered three 40,000 deadweight ton bulk carriers from Sanoyasu Dockyard Co of Osaka for delivery in early 1982. The vessel costs 4,700 million yen (U5522.4 million dollars) each, the company said. AFP
        AFP  -  38 words
      • Article
        Kockums makes LNG sale
        139 13 THE Swedish shipyard, Kockums of Malmo may sell the two LNG carriers being built at its yard to West German consortium Tankreederei Ahrenkiel of Hamburg. The German group has bought one vessel and taken an option on the second. The sale price was not disclosed but
        139 words
      • Article
        Inquiry into Determination
        90 13 THE Liberian Bureau of Maritime Affairs will hold a formal investigation into the loss of the ultra large crude carrier, Energy Determination, which exploded in the Straits of Hormuz nearly a year ago. The hearing will start at the Bureau of Maritime Affairs operations centre in Reston,
        90 words
    • Article
      Lock icon Asean urged to build their ships
      168 13 Reuter INDONESIAN Co m m un i cations Minister Rusmin Nuryadin has urged shipowners of the Association of South-east Asian Nations (Asean) to build their vessels in member countries to boost industrialisation cooperation programmes. Opening the Federation of Asean Shipowners' Associations (FASA) conference in
      Reuter  -  168 words
    • Article
      Lock icon USA will not have Trincomalee base
      190 13 AFP THE Sri Lanka Government has denied local and foreign press reports that it had offered the harbour at Trincomalee in the eastern coast to the US to be used as a military base. Foreign Minister ACS Hameed told the Sri Lankan Parliament that
      AFP  -  190 words
    • Article
      Container Schedules
      870 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 suDject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      870 words
    • Article
      LONDON FREIGHTS
      1412 14 THE North american grain sector stayed very quiet but still with firm business on Wednesday from the St Lawrence to China at U5552.50 free discharge for Dec, a gain of about $1.50. A vessel was secured from the Gulf to Holland in Dec at $20 fio, up 50
      1,412 words
    • Article
      SHIPS IN PORT
      495 15 EXPECTED ARRIVALS TODAY keppel WHARVES Anemone (0600 after Yu Quan Shan) 45 Bergen Maru (after Gudrun Bakke sails) 5 Builder (after Equator) 22 Jastamia Bor (after Gushan) 42/43 Lumut (2300 tide) 20 East Mario (0700 after Htan Taw Ywa) 25/26 Nedlloyd Serooskerk (after James Lykes) 1/2 Nedlloyd
      495 words
    • Article
      Lock icon UN obtains safe exit for ships trapped in Iran-Iraq waterway
      426 15 Reuter SPECIAL United Nations envoy Olof Palme has reached agreement in principle with Iran and Iraq on the safe evacuation of merchant vessels trapped in the Shatt-al-Arab Waterway. A UN spokesman said "a number of points of a technical nature
      Reuter  -  426 words
    • Article
      Lock icon JAPANESE BUILDERS REMAIN AHEAD
      455 15 AFP JAPANESE shipbuilders underlined their dominance in the industry during the third quarter of this year despite the worldwide slackening in the growth of orders, figures from Lloyd's Register of Shipbuilding returns shows. Overall, the total order book increased by 1.4 per cent (460,000 gross tons)
      AFP  -  455 words
    • Article, Illustration
      Lock icon Trio caught in Middle East muddled waters
      1215 15 Seatrade A CURIOUS anomaly in the container trade to the Middie East is now threatening to destroy the prevailing harmony in at least two major consortia operating on the trade. Not only is the continuing refusal by the Trio Group to Join the
      Seatrade  -  1,215 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2642 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      2,642 words
    • Article
      Lock icon Air pocket in boat's hull saves one from disaster
      296 20 UPI THE US Coast Guard plans to hear testimony from the crew of a Liberian tanker and the sole survivor of an oilfield supply boat to determine the cause of the Mississippi River collision that killed three people. The crew of
      UPI  -  296 words
    • Article
      ORIENT EXCHANGE
      961 20 THE Chinese remained active in the freight market booking tonnage freely for December grain shipments. They fixed a 19,000dwt from Port Said at US$B,3OO and a 15,000dwt logger type at U557,150 for a trip via the United States. South Korea charterers have fixed a 52,OOOdwt at U5514,850 daily
      961 words
    • Article
      Lock icon Chinese puzzle for Dutch yard
      503 20 UPI THE Dutch government will decide on Sunday whether to approve an order from Taiwan for two naval submarines, Prime Minister Dries Van Agt said. The shipbuilding order is part of a US$5OO million contract offered to the struggling Rotterdam shipyard Rijn-Schelde-Verolme (RSV), earlier this
      UPI  -  503 words
    • Article
      Lock icon Negotiations adjourned
      104 20 Reuter NEGOTIATIONS between Indian port workers and the government were adjourned without agreement on their demand for new minimum wages. Port workers' leaders have threatened an indefinite strike in the ten major ports today if the demands are refused. The all India Port Workers Federation was to meet
      Reuter  -  104 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      277 13 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel Port Kelang Tel *****1 Kuaia.Lumpur Tel ***** Penang Tel *****6 .<v >>. IA RI) 1M AN I AH Orient Overseas Line •orwtiu. cwf zrn mriw conai 2i« HRONG CONTAIO 23* 1 £7 OJI 1 U7T I. WOMB m IX
      277 words
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      Page 13 Advertisements Column 2
      202 13 OSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE L BAR'ZAN V.ll Dubai (18/12). Kuwait (20/12) Dammam (22/12), Mina Qaboos (24/12), Abu Dhabi (26/12), Doha (28/12). Bahrain (30/12) A VESSEL Loadhg for Jeddah (17/1) Hodeidah (25/1) Subject inducement SEALORD SMPTM6 AGENOES (Ref. No. *****5/OOC) 3RD FLOOR.
      202 words
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      Page 13 Advertisements Column 3
      728 13 Jg* Nedlloyd Lines Regular Liner Services To/ From All Parts of the World. Singapore Tel *****1 Port Kelang Tel *****1 Kuala Lumpur Tel ***** Penang Tel *****6 MAERSK LINE EXPORT TO U S PACIFIC, GULF. ATLANTIC. EAST CANADA AND ASIAN PORTS Maenk Manfo Maersk Rando Maersk Manfo Maersk Rando Maersk
      728 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      639 14 MiscmA MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Mm Accepting For 1; Barcelona. Genoa. 2) Amsterdam Antwerp L Havre Bilbao Basle UK. 3) Bremen. Bremenfcaven Aarhus. Copenhagen. Helsinki 4) Malmo.
      639 words
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      Page 14 Advertisements Column 2
      329 14 I£fs SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA ft Ite feta InfOH CU Mm Savti Chtbi B mart N Tort Boston St Mn N. Ort Houston Nortoft nnwrr rnrmn *26/11 3-3/12 31/1? 6/1 8/1 9/1 11/ l 16/1 is/1 23/1 T» 5-7/12 II 14/12 8-9/12 27/1
      329 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      702 15 Overseas B Containers Vmm Limited Weekl> service to/from UK/Europe COWTWOSHT SERWCE TO W/COWTiCWT L/tarpodl Bagr Hambwi Ecpra Kaluga Man Largißa* CONTAiOSHP SERWCE FROM W/CONTXNT: tfbwt Brein (Tdam It Hawe Outi by W W Mri M MM W Salad MM IfcaMn Eiytn Invlfen ZS taw 21 Hn 10K mm MM aHn
      702 words
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      Page 15 Advertisements Column 2
      712 15 e i Franco Belgian Services (Fur Fast Frc.xch Serr xce 'nth Btlg\an Fur Eastern T,\nes) n aC{ consortium) FUU COWTAROSHT SERVICE FROM EUROPE ORBITAL CMEf k Part CPTWCCQMI 2Ok Ml CONTNO fOk CNM CONTAMXII Ok rsr" «r" ssr %z sa str sb«,«««, st. Tr \rz sr i!E Jit" 5£ 2!"
      712 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      725 16 Hapag-Lloyd TO NORTH EUROPE/lOITERRANEA, MoMhIHI Bertram RickmS'pore PK 8/12 10/12 3/1 4/1 TO USA/CANADA (CARGO TO ATLANTIC AND GULF PORTS VIA MINILANDBRIDGE) CONNECT IN TOKYO* FROM NORTH-EUROPE Osaka Ban Hongkong Ei|»tu Beiuwr Fart ricur dtpee Lnrerpoo H burg B hav Rdam Lehavre en Awerp 1/11 2/11 4/11 5/11 9/11 10/11
      725 words
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      Page 16 Advertisements Column 2
      526 16 yfe. j=f). LIME KOREA ZZ G P. KeUn( ft HANG STORE FROM BUSAN IT AIR 157W Sid In Port Sid BANGKOK U.TAIR 158ESU In Port Sid TO BUSAN EGA 155W 25-29 Dec 30-12/1-1 2/6 Jan SI FROM BUSAN BANGKOK (EGA 156E 25-29 Dec 30-12/1-1 2/6 Jan 81 TO BUSAN C
      526 words
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      Page 16 Advertisements Column 3
      627 16 EVERGREEN LINE FAR [AST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG FELIXSTOWE. ROTTEROAM. ANTWERP IE HAVRE ALSO ACCEPTMG CARGO FOR UMTED KMGDOM SOUTHAMPTON. LONOON MANCHESTER. BJRMMGHAM BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY BRfHEISSWr HOLLAND AMSTERDAM S'pari Kambtr| Mlaii Fafcthn It Hit (wr Hr>|«r 4/12 n/12 21/U N/12 VI
      627 words
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      Page 16 Advertisements Column 4
      667 16 Everett Lines Smgk Burn* Fivt Star Shipping Corpn. VBk "BURMESE NATIONAL LINE' LOADING FOR RANGOON N k tat/3 Ok mamvkwm vi Ok BFSSC Agents m Motoyvo BOUSTEAD SHIPPING TEL NOS KL *****2/*****9 NnnMiM ißtMxontHMiiUi S. A. C.I. F. "ARGENTINE NATIONAL LINE" ll* 121 i Jlii ill; 13. uv< <m mem
      667 words
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      Page 16 Advertisements Column 5
      720 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE AUSTRALIA SERVICE MAT CARP.. MAT SKY... Singapore 3-4 Doc 20/21 OK P KeUng 1-2 Dot 22/23 Dec lotting for: DMtMN/NETA STD, MEL ADEI JAPAN/STRAITS SERVICE SMGAPORE m *****44/7 t 22*1370 K LUMPW m *****4 4147 M CONTAMR BOOK* OCEAN SMTPVK STOBE TEL
      720 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      801 17 PIL GROUP EAST AFRICA/REDSEA SERVICE Sif>fl«pof« P.K»Ung KOTA MOIEK 10/15 ON KOTA TANJONG 15/20 DN Singapore P Kalarvg Panang Loading I Tf KOTA KNAR 15/20 Dac Aqaba Jaodan KOTA FAJAR 20/25 Dac Mogadiscio Mom baa a. Pawtialaam KOTA ALAM In Pt/27 Nov Adan, < COLOMBO/KARACHI/P. GULF SERVICE KOTA TIMUR 10/15
      801 words
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      Page 17 Advertisements Column 2
      807 17 1 J I II I I I BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE Kdan, W Germany 22/12 H'Mt O'HAVEN ROAN HAVRE SOTO* Hanbw, Eiprvss K«M|i Mn Larpßay Austria Antwerp Fiance Mill 24/12 17/12 9/12 21/12 a/12 a/12 2/1 i/i vi z/i i/i 10/1 VI VI 7/1 8/12 11/1
      807 words
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      Page 17 Advertisements Column 3
      793 17 Ri Scan Dutch U WEEKLY EXPRESS CONTAINER SERVICE EP/UK/NC/SCAN V Ma« Pta»«"l«MM I Spare ll>VM*>7)r«M3)H-ta>|« Feeder iw, Hm i nw* h(vi vf»2/12 17/12 22/12 23/12 25/12 MUM S/I2 tootnote 21 WO* 9/12 24/12 29/12 30/12 1/1 M.W Vl2 MM SIMM ii/ 12 31/12 5/1 VI VI POMCA 20/12 *0 KM
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      Page 17 Advertisements Column 4
      516 17 Jmi S BOUSTEAD SHIPPING AGENCIES SINGAPORE eta Reunion Durban Capetown bank uro FOR REUMON I SOUTH AFRICA i.i w I M >, 9 BEAVER BANK 11/12 24/12 31/12 7/1 9/1 (also accepting East London and Maputo cargo) Lukes Lines U.S. WEST COAST SERVICE Brtct from SfO Ibdi SPO« Stte Tac
      516 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      705 18 I K line KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA sir Asssfi TO EUROPE o okf am N CORAL 21* a MM 14/12 15/12 11/12 19/12 22/12 5/1 VI »/l 12/1 (KC*pfe| cjrfMi to tffcili n* He*n) FROM EUROPE TO FAR EAST 1 Harm P to** S
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      Page 18 Advertisements Column 2
      566 18 CALfORNM/PACfIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lu*( tar LOS MBLO. SM FUNCBCO. SEATTII. TACOM VMCOMH. C ra/ra P Um| fcpw L Amtte -10.WWW- Ike the 4 tm "UIWM* 200k ate like AUSTRALIA EXPRESS CONTAINER SERVICE Auapltai Ed/Fa CwMww PU«| S (on In Mafc AM Sy* fm -MDMT nm 1?
      566 words
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      Page 18 Advertisements Column 3
      539 18 s s < roi i| > SINGAPORE SHIPPING AGENCIES PTE. LTD. 2CIHFIOOK OCF AN RIKLPINf, SIN! MARKt TI%G 911 API >U( UNfv i \t s .f Nr Ma. 41 till r TIRMI\AL 0» Ht.C 2?« M ,h.i SiilJ" 1 (j»iit;iiiier Lines WtFKLVuONTAINtH SERVICE to/ Irom BANGKOK STOKOM) NPt/24 Na* 3/4
      539 words
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      Page 18 Advertisements Column 4
      635 18 fTI GRANARD LIME INDEPENDENT A TTRACTIVE RA TBS u MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO PCL ONLY FOR; PORT SAID, ALEXANDRIA. BEIRUT. LATTAKIA UMASSOL ISTANBUL ft PIRAEUS Specially engaged agents A stevedores providing immediate discharge mm oconc mm IfXc NAN SMC V.4OV 110k Ca», Nrt SaM. IM ft Lafetta
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      Page 18 Advertisements Column 5
      720 18 amrriiw iwiia, rnfl*y, November 28,1189 INTRQStfI (PTE) LTD. f aber House 234E Orchard Road Singapore 9 Telephone *****11 '*****57 noonr SERVICE TO EUROPE f N««l Lu*ig tar ASTERXMRfttt SaOrt to Ptrl B0 U LOGNE/R'DAM/ IK (AMMO NORASIA NW7 14DK 17 DM Agtnh Stag a»ar« HTRASEA (TIE) LTD 2352C11 BOOUNC *****57
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      653 19 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): m CONTMKR 23« L.._ 6/12 C. CONTAINER 9W 11/12 SS BRDGE 29W 16/12 N. GARNET 3W 23/12 It CHANCE IN 27/12 v •Containers leedered to/from F'stowe Also accepting cargo to/from Scandinavia -t- N CORAL S pore Closing Times: FCL Cargo FROM EUROPE
      653 words
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      Page 19 Advertisements Column 2
      309 19 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE PT SUEZ PT SAB ALEXANDRIA AGIA MUM Dec 23 Jan 6 Jan I Jan 13 SPHMX U Jan 20 Feb 5 Feb I Feb 12 Carp Book rip Please Phone *****43 MARTRANS CARGO PLEASE CONTACT
      309 words
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      Page 19 Advertisements Column 3
      349 19 OCEAN LINES UNQUE CHALLENGE V.SNB REGULAR NOW CONFERENCE SERVICES UnTOMNEM SEA SERVICE Spore PUm| Penang Loading (or MERIDIAN EASTERN LINES DKECT REGULAR MONTHLY SARJNG TO COLOMBO I KARACHI (Mm accepting cargo tor SHARJAH, DUBAI, BAWAM, SUBICT TO NXICEMEIIT) Penang Spore It «C 0 INS V 3m 1/10 Ok 12/17 Ok
      349 words
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      Page 19 Advertisements Column 4
      268 19 LEMON SHIPPING PTE. LTD. 1508 Robina House Shenton Way Singapore 0106 Tel: *****33/4 *****04, *****14. *****71. *****05 PORT LOUIS/REUNION SERVICE Spare f. Relang lotdnt Fir: MAURITIUS EXPRESS....... 30 Nov 2 Dec P. Lours/Reunkxi A VESSEL 30 Nov Bander Khomeini FLEETWOOD SHIPPING CO.. S.A. ATLANSA CONTAINER LINE LTD FULL CONTAINERISEO SERVICE
      268 words
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      Page 20 Advertisements Column 1
      351 20 MALDIVE LINES ETA KUANTAN MALOIVE IMAGE 5/12 Loading For Jeddah/D|ibouti MALDIVE PEACE 5/12 Loading for Dubai/Kuwait MALDIVE SEAFARER 3/12 Loading for Jeddah MALDIVE IMPORTER In Port Loading for Male MALDIVE INDUSTRY Sailed Loading for Chittagong/Madras MALDIVE CREST Sailed Loading For Basrah FOR BOOKINGS ENQUIRIES PLEASE CONTACT: SMGAPORE PORT KELANG PANOCEAN
      351 words
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      Page 20 Advertisements Column 2
      339 20 LOBE LINE LTD >1 LL. i- t- t m _j. -J Hfrfuy UfVKt 10 RUtf WWMt ISttOQS tm LOWfTiDO SPORE COLOMBO ETD ETA ETD Globe v. 1 22/11 28/11 5/12 ms "SUNE S." 1 Globe y. 2 29/11 5/12 12/12 ms "SUNE S." 2 Globe y. 3 7/12 13/12 19/12
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      Page 20 Advertisements Column 3
      363 20 NOTAS LINE^fuJ Regu^a^Express^ervic^^^^j TO MIDDLE EAST M V PORTS s POSt pkung penmc PtflOPl ¥.2 Abu Dhabi, Dubai, Bahrain 26/11 Dammam lONIAN SKY Abu Dtiabi. Dubai. Bahrain 15/12 10/12 21/12 Dammam TO RED SEA A VESSa Jeddah. Aqaba 15/12 11/12 19/12 vf'. s pom *or*s Pif ii[> in si,n« rues
      363 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      179 20 ft Regional Weather m s E! FTv m -a 41 W SI I C I £22 s*as Ar ©'oT). t *< in I 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 yA y Shower Weather
      179 words