The Business Times, 12 December 1980
1980-12-12
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The Business Times
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Title Section11 1980-12-12 1 BUSINESS TIMES M.C.(P) No. lll/l/M FRIDAY, DECEMBER 12, l*Bt 50 CENTS11 words
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BRIEFLY...
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Article83 1980-12-12 1 Reuter TAIPEH, Thurs. The Taiwan Bank of Communications will issue US$2O million in three year floating rate certificates of deposit (FRCD) in Singapore next February. A bank spokesman said Manufacturers Hanover Asia of Hongkong and the Development Bank of Singapore will underwrite the issue which carries interestReuter - 83 words
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Article75 1980-12-12 1 WASHINGTON, Thurs. The reliability of vital US defense and space systems may be in jeopardy because a major supplier failed to test millions of transistors as required before selling them to government and defense contractors, it was reported today. The transistors have been used in missile systems,75 words
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Article78 1980-12-12 1 TOKYO, Thurs. Police have broken a successful brand-stealing operation here, whose two-year venture into exclusive European leather goods grossed US$l4 million and affected the sales of the genuine imported articles. Police said it was the largest counterfeit goods case uncovered in Japan. At the end of the78 words
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Article73 1980-12-12 1 TOKYO, Thurs. The Soviet Union has permanently deployed supersonic Backfire bombers with its naval airforce in the Far East and they could threaten sea lanes around Japan, Japanese defence minister Joji Omura said today. Mr Omura also told members of the ruling Liberal Democratic Party that73 words
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Article66 1980-12-12 1 AFP KUALA LUMPUR, Thurs. Malaysia, the second-largest exporter of pineapple in the world 10 years ago, has now plunged to sixth place in the list of countries exporting the commodity. Under the Fourth Malaysia Plan, however, the government plans to increase the acreage under the erop toAFP - 66 words
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Article74 1980-12-12 1 LONDON, Thurs. The management of the Financial Times has threatened to sack 1,800 nonjournalist staff unless there is an early end to its dispute with print workers, which brought British production of the paper to a halt last Monday. Output stopped after 19 print workers were74 words
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Article33 1980-12-12 1 JAKARTA, Thurs. Half a million people in Jakarta out of a total 6.4 million population are living on petty trades such as roadside selling and pedicab driving, Jakarta Governor Tjokropranolo said.33 words
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Chief Price Changes
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Article144 1980-12-12 1 Falls Indices 8yn Resin* 640 -110 Dec 10 Dec 11 Strait* Trading G I Hldgs Tronoh Mines 1170 560 -70 -60 B.T.Indicator: *****.*****08.51 1750 -50 Industrials: 663.45 648.14 8«1 Properties 1440 -50 Finance: 1245.15 1231.21 Berjuntai 1320 -50 Hotels: 683.30 676.67 M Banking Pegi Msia OC BC 1490 1260 1120144 words
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Article, Illustration143 1980-12-12 1 Falls Indices Petaling 1800 -200 Dec 10 Dec 11 Troooh 1850 -100 B.T.Index: *****.*****95.26 PMRI 720 -80 Industrials: 817.09 814.95 Isl k Pen 860 -50 Finance: 1206.86 1189.47 S Trading 1250 -50 Hotels: 407.34 406.85 Berjuntai 1390 -40 Properties: 731.20 719.36 Per lis Pit 630 -35 Tins: 472.05143 words
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Article320 1980-12-12 1 GOLD fell sharply yesterday by another US$3O an ounce to reach US$562 in the face of rising US interest rates. The fall represents the seventh consecutive trading day of decline. The high US interest rates are buoying up the US dollar and dealers attributed320 words
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Article, Illustration268 1980-12-12 1 THE USUAL frieadly rivalry betweea exhibition participate was shattered at the MachiaeAsia show yesterday aad marmars ri "fraad" aad "cheats" were laterspersed with leader aad mare directly chalieaglag remarks by Gennaa exhibitors. Cause ri the raised tempers aad embarrassmeat was a Deckel Ualversal Teal aad Catter Grinder (known268 words
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500 1980-12-12 1 THE SKILLS Development Fund is implementing from today a new scheme to" subsidise companies for the interest cost incurred in purchasing labour-saving equipment. A sum of $30 million has been allotted for this purpose. Successful applicants under the Interest Grant for Mechanisation (IGM) scheme will500 words
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322 1980-12-12 1 CHINA has awarded a $14 million contract to Baker Marine for the manufacture of offshore rig elevating jacks and cranes for two rigs to be built at Dalian Shipyard. This is the first time that a local rig building company will be sending local322 words
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288 1980-12-12 1 BHARE prices plsaged apla yesterday with Ike Straits Times Msstrtal Index reeerdlag the 4th eoaseeative day at steep Opening at oversight levels, m.st cu tors begaa sltdlag frssa the flnt deal. By MSB, the fit sappsrt level was breached with the ladex288 words
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Article340 1980-12-12 1 REPRESENTATIVES of Esso management and union have met an official of the Ministry of Labour to discuss their "red armband" dispute. It is understood that some progress was made in the discussions and that the Ministry has requested the company to reinstate the technician whose340 words
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Page 1 Advertisements
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Advertisement29 1980-12-12 1 MmNp^ Shreds Unwanted Paper Documents (6 models available) Paper Shredder SYSTEMS (S) PTE. LTD. 47, Podium Block, Goldhill Plaza, Newton Road, Singapore 1130 Tel: *****92,*****94 (3 lines) Catote: "Busnestems'29 words
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Advertisement46 1980-12-12 1 Leader...page C 'They feel lighter, look more elegant and as beautifully detailed as ever. x An exceptionally attractive slip-on in 4 special colours. Black Kid White Kid Brown Kid Taupe Beige Kid Sole Agent tor S.E. Asia, Hong Kong Taiwan S.G. PARRETT SON (PTE) LTD. Singapore46 words
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Advertisement64 1980-12-12 1 Leader...page f msm. SHIPPING TIMES TETRA Pah facing competition IS Mkwl really necessary for (ram Germany—...................... J children 7 US sceptical absnt Brezhnev's WHAT an Investment partialis proposal 5 should consist of It AN ezclnslve Interview with KUALA Lnmpnr Kepong reS. Dhanabalan I ports flat earnings 14 CROSSWORD I, TV64 words
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Advertisement223 1980-12-12 1 A gnat way to travd nR-si Interview with Mr. S. Dhanabalan ASEAN'S campaign in the United Nations wfl not by itself force Vietnamese troops out of Kampuchea, says Foreign Minister Mr. S. Dhanabalan in an interview with Business Times. But when Vietnam does pul out of Kampuchea, it wi have223 words
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Page 2 Advertisements
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Advertisement476 1980-12-12 2 Newborn! Mazda323sedan x V You've never seen a Mazda like it, because there's never been a Mazda like it Newborn front-wheel-drive system Totally unlike any other! Mazda 323's horizontally positioned front-wheel-drive engine employs the most advanced transaxle of its kind in the world. And only Mazda gives you lighter, surer,476 words
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TRADE AND INDUSTRY
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333 1980-12-12 3 FORTY US manufacturers Of medical and hospital equipment will take part in lledic-Asia *81, the South East Asia 2nd International Medical and Hospital Equipment Exhibition, to be held at the World Trade Centre from Jan 27 to 30. I The US Department of Commerce333 words
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Article388 1980-12-12 3 SEMINARS AND COURSES Dec 9-10: First Asia Pacific Purchasing and Materials Management Conference, Hyatt Hotel, Singapore Institute of Purchasing and Supply in conjunction with Expo Travel and Conferences Dec 9-12: Management Development, Arthur Young Co Dec 10-16: 2nd Asean Federation of Accountants Conference, Mandarin, Singapore Society of Accountants388 words
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Article, Illustration347 1980-12-12 3 LILLIAN CHEW - By LILLIAN CHEW A GERMAN packaging system is posing a challenge to Tetra Pak in aseptic packaging. The company. Papier -und Kunstsoffwerke (PKL), is in the process of deciding on a local company to manufacture the special paper it needs for packaging.347 words
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Article269 1980-12-12 3 JAPAN and Malaysia have signed a joint-venture agreement to set up a factory in Penang's Bayan Lepas Free Trade Zone to produce single-sided printed circuit boards for black and white and colour television sets, tape recorders and radios. The parties involved in the venture are Penang Development269 words
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Article, Illustration490 1980-12-12 3 THE Peninsula group has appointed Mrs Carol Chli as marketing services manager. Mrs Chiu obtained her Bachelor of Commercial Science from the National Cheng Rung University of Taiwan in 1976. In 1978 she obtained her Master of Business Administration from the Chinese University of Hongkong, majoring in490 words
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321 1980-12-12 3 THERE is no such thing as clean air; there are only degrees of dirtiness, says environmental specialist Mr Peter Binnie who is in Singapore to promote his company's air cleaning system. Distributed by Si me Darbys Singapore Building and Technical Products Division, the321 words
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Article252 1980-12-12 3 WONG AI KWEI - By WONG AI KWEI A COMPANY supplying drilling and production equipment to the oil and gas industry has been formed to serve the region. Energy Control Systems, incorporated last December, has an authorised capital of $1 million and a paid-up capital of $100,000. The252 words
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Article, Illustration198 1980-12-12 3 THIS sturdy piece of machinery is among a new range of all-purpose loaders which will be introduced into the local market next year. Called the Pettibone Cary-lift Super 8, it comes in two other sizes, the Super 15 and Super 20, and is designed for the logging, lumbering198 words
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Article200 1980-12-12 3 AGREEMENT has been reached in Kuala Lumpur on terms for a two-year extension of the Separate Merchants' Agreement (SMA) for the shipment of Malaysian rubber and drummed latex to Europe. The agreement followed meetings between delegations of the Freight Committee of the Rubber Industry of Malaysia (FCRIM), the200 words
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Page 3 Advertisements
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Advertisement123 1980-12-12 3 Present the finest gift of French Armagnac in The Crown of Napoleon. The unique,distinguished decanter is specially made from the best Limoges Porcelain.decorated iKfl with pure 18 carat gold.making w'i 4 it the ideal gift this festive season for the people who matter Vfl most to you And to make123 words
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Advertisement103 1980-12-12 3 f Asiavest Merchant Bankers (M) Bhd_. and Asiavest Discount House (MJ Bhd. have pleasure in announcing the opening of their Hong Kong associate company Asiavest Limited Services Offered Trade Finance arid Documentary Credits Foreign Exchange Dealership Money Market Deposit Management Services Short Medium Term Financing Guarantee Facilities Loan Syndication Investment103 words
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RAW MATERIALS
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78 1980-12-12 4 Destination This period Shipped Afloat tonnes tonnes Jan/Nov Shipped tonnes Africa 1.00 10.25 Australasia 10.00 133.00 Canada 5.00 66.00 Continent 2,781.00 150.00 30,723.50 India 3.75 2.50 2,118.25 Japan 1,370.00 30.00 17,283.00 West Asia 900.75 Pacific 326.00 2,564.2578 words
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Article206 1980-12-12 4 CHICAGO soybean futures on Wednesday finished down the 30-cent-a-bushel limit in four old crop months to 13 Vj US cents lower in new crop. Heavy local and commission-house long liquidation in response to margin calls, the prime rate hikes and stronger US dollar forced prices to repeat Tuesday's limit206 words
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Article180 1980-12-12 4 WHEAT futures in Chicago on Wednesday closed 11U US cents a bushel lower in nearbys to down I'/t cents. Prices settled near the middle to low end of a 16' 2-cent range. Scattered late commercial and commission-house scaledown pricing took prices off day's lows. However, values were pressured from180 words
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Article364 1980-12-12 4 MORNING prices on the Singapore rubber market yesterday were marked down initially but values later rose on buying interest. The market eased slightly however towards the morning's close on some selling. The morning session closed slightly lower with January One RSS buyers quoted at 295.50 cents a kilo, down364 words
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Article302 1980-12-12 4 RAS prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 290.00 291.00N Int. 1 R.S.S. January 296.00 296.50 Int. 1 R.S.S. February 301.50 302.00 Int. 2 RS.S. 281.50 282.50N UK/Coat 280.50 282.50N Int. 3 R.S.S. 278.50 279.50N UK/Cont 277.50 278.50N Int.302 words
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Article115 1980-12-12 4 NOON SSRu x) SMR price* ymUr<Uy RA8 SSR 20 SSR SO (1 ton pallet) (1 -ton pallet) January (Current Mth) Buyers Sellere 244 00 246-OON 240 00 242.00N February (Forward Mtk) Buyers Seller* ***** 248.00N 242 00 244.00N MRKLB SMR CV SMRL SMR 5 SMRGP SMR 10115 words
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Article36 1980-12-12 4 Rubber: Dec 11 Singapore: January: 297.00 cents (down 1.50 centa) Malaysia: January: 309.50 cents (down 0.50 cent) Tin: M$ 1,904 (unchanged) (equivalent to $31.48 per kilo) (unchanged) Official offering: 195 tonnes (up 39Vi tonnes)36 words
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Article86 1980-12-12 4 THE STRAITS tin price la Peaaag yesterday was aachaaged at M$l,M4 a pfteal (eqalvaieat to $31.4* a kite), still $241 belaw the lateral tteaal Tls Agreemeat cellteg. Farther straag baying from Japaa aad Enrape aad a weakening sf the Malaysian dollar against sterling helped to steady the market86 words
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Article175 1980-12-12 4 CHINEBE Prrtaee Exchange, SUgapare, (Ml price* per IN kg yeaterday: Cac—at all: Bulk fob $140.00 sellers, old drum (in second hand drum) fob $152.00 sellers, new drum fob $160.00 sellers. Capra: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $425.00 sellers, Sarawak white pepper faq175 words
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Article193 1980-12-12 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattea yam: China Blue Phoenix 20s 1,995; 32s 2,710, 40s 2,940 (per bale of 400 lbs). Piece gaafa: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article331 1980-12-12 4 BINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.12, 100 per cent second class 0.96, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.82. THAI BROKEN: A-super 0.76, Special 0.73.331 words
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Article835 1980-12-12 4 COFVEE: Robusta futures yesterday ended the morning unchanged to £6 a tonne up on the morning call with 731 lots traded including one option. Dealers said gains continued to reflect New York's stronger close with some underlying price fixations supporting the market. Values held a narrow trading range835 words
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Article142 1980-12-12 4 THE Malaysian palm oil market yesterday weakened further in line with easier overnight Chicago trading, despite India making offers for refined bleached deodorised palm olein and palm oil, dealers said. In the Central and Southern regions the December position dropped Ms2s and $27.50 respectively to $925 a tonne.142 words
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ASIAN STOCKS
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Article519 1980-12-12 4 TOKYO SHARE prices yesterday (ell sharply with liquidation and profit-taking spreading over a wide front following the heavy overnight fall on Wall Street, dealers said. The market average shed 56.44 to 7,042.41 on thin volume of 250 million shares with many investors holding off in view of519 words
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Article348 1980-12-12 4 THE OVERNIGHT US prime rate increase caused investors to realise that local interest rates may not have peaked, setting of! a wave of selling yesterday. After a weak opening, the market steadied and spent most of the morning trading 40 to SO points below Wednesday's close. Selling pressure increased348 words
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Article362 1980-12-12 4 STOCK prices yesterday closed lower in reaction to the rise in US prime rates to 20 per cent, dealers said. Leading resources issues, particularly golds, bore the brunt of the selling following gold's $28 plunge to USJS66/ 568 in New York. Among leaders, BHP fell 55 cents to A362 words
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Article208 1980-12-12 4 DEC II Bahts Asia Credit 120 -4 Asia Fibre .1 134 -3 Ayuthaya lnv And Trust Bangkok Investment Bangkok Bank 294 2 Bangkok Drying 290 -17 And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 144 -3 Bala Berli Jucker Carpet InterNaUonai208 words
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Article145 1980-12-12 4 STOCK prices closed easier and turnover dropped slightly 4.3 million pesos from 5.6 million, dealers said. Acoje Mining gained while Atlas Con B, Lepanto B, Philex B, Phil Overseas, Ist Phil Holdings and PLDT closed lower, with the rest either unchanged or untraded. DEC 11 Pesos Acoje Mining 007*145 words
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Article50 1980-12-12 4 FINANCIAL TIME8 INDUSTRIALS Wednesday 46M Tuesday 485-8 Week Ago 4782 DOW JONES AVERAGE INDUSTRIALS Wednesday »16.21 Tuesday 894-04 Week Ago »72.27 H.K.HANG SENG Thursday *****8 Wednesday *****8 Week Ago 1373.78 8YDNEY INDUSTRIALS Thursday ***** Wednesday 748.16 Week Ago 754.08 ALL ORDINARIE8 Thursday 884« Wednesday 883.88 Week Ago 888.7450 words
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Page 4 Advertisements
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Advertisement112 1980-12-12 4 Studio M opens its doors to Diners Club members f >V /> /<?//// -J jg J- t- v is 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 guests112 words
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OVERSEAS
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478 1980-12-12 5 Reuter US OFFICIALS reacted sceptically yesterday to Soviet President Leonid Brezhnev's proposal (or a pact banning nuclear weapons and military bases in the Gulf. Officially, the State Department said the proposal, in a speech by Mr Brezhnev in New Delhi yesterday, was under studyReuter - 478 words
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Article150 1980-12-12 5 Reuter THE Soviet Union, which has suffered two straight years of poor grain harvests, now faces problems with its 1961 winter grain crop, the US government said. A US agriculture department report said planted area for the Soviet winter grain crop could fall by betweenReuter - 150 words
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464 1980-12-12 5 Reuter NATO foreign ministers are getting ready for sweeping political, economic and other reprisals should the Soviet Union invade Poland. The top-ranking Nato Council met in Brussels after a Western evaluation that the Kremlin has completed preparations for a thrust intoReuter - 464 words
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236 1980-12-12 5 AP JAPAN'S Civil Aviation Bureau, citing "gross inequalities" in the current JapanUS aviation agreement, said yesterday it would delay a decision on Pan American World Airways' request for pickup rights in Tokyo until the two countries meet next month to hammer outAP - 236 words
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WORLD IN BRIEF
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Article427 1980-12-12 5 Agencies THE 52 American hostages being held by militant students in Iran are expected to be freed on Christimas day, the leftist Beirut newspaper As-Safir reported yesterday. The paper, which is close to Iran's Islamic revolutionary regime, quoted unnamed informed Iranian sources as saying: "Agreement hasAgencies - 427 words
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358 1980-12-12 5 AP CASH-SHORT Chrysler Corp denied a report on Wednesday that its Japanese partner had offered to lend it US$lOO million. "There is nothing to it," spokesman Bob Heath said of the report earlier in the day by Nihon Keizai Shimbun, a daily business newspaperAP - 358 words
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Article174 1980-12-12 5 UPI IRAQI Foreign Minister Saadoun Hammadi yesterday turned down pleas for the release of the captured Iranian oil minister as a gesture of unity among Opec members. At the same time, he said in Manila that Iraq expects a long drawn out war with Iran andUPI - 174 words
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278 1980-12-12 5 Reuter WALL STREET analysts and economists say that an increase in the prime lending rate to a record-equall-ing 20 per cent may foreshadow a new recession. Forecasts of a tighter economy restricting spending further were made by a number of experts afterReuter - 278 words
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Page 5 Advertisements
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Advertisement74 1980-12-12 5 1 i P Mi mam V J ?1 V r j mm. rj FRONT REAR WHEEL WHEEL SIZE SIZE V2SL FLAT LOW TRUCK 2 TONNER DIESEL $15,000/- 5 V W FSSP 4X4 PICK-UP TONNER DIESEL $17,000/□AIHATSU Sin Tien flr fl HEAD OFFICE: 14. Hamilton Road. Singapore 0820 Telephone 258-6611. SHOWROOM:74 words
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Advertisement94 1980-12-12 5 The daily Aircraft Schedule haa been held over because of pressure of space. Flight information by telephone can be obtained from the airport (*****8) or from the respective airlines: SIA *****47/*****48, Garuda *****7, MAS *****2, CPA *****7, Qantas *****01, BA *****01, KLM *****1. To dine at Shangri-La's Tiara is to94 words
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Article353 1980-12-12 6 THE SKILLS Development Council has shown commendable imagination and a proper grasp of business realities in devising its Interest Grant for Mechanisation (IGM) scheme. Charged with the unenviable task of fleshing out the very bare bones of the skills development fund concept when it353 words
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380 1980-12-12 6 IF THERE is any magic at all in that yellow metal called gold, it must be in the remarkable way the price has been collapsing in the last few days. Just a few months ago, speculators were saying a price of US$l,OOO an ounce380 words
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Article, Illustration1895 1980-12-12 6 SALMA KHALIK - Now, more than ever, Singapore is exposed to cruel political winds that sweep through the South-east Asian region, threatening to upset all efforts at nation building in the»last 20 years. But these winds bring hope as well as concern. And much depends on how well1,895 words
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Page 6 Advertisements
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Advertisement123 1980-12-12 6 Mini Van Mini cost. Maximum Utiity! A" «r* JA 0. V Kft ,v-- v-y. > fcWL m.-m r L^"s' jf r -»/i rv- J HE *ftr Ley land does it again! With the Mini Van. It's economical. Reliable. Tough. And versatile. They just don't come any better! •998 c.c. hard-working123 words
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Page 6 Miscellaneous
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Miscellaneous1359 1980-12-12 6 Talking about computers^ SINGAPORE Is still la the lateacy stage as far M emnpatertsstt— is esaeeraed ul there is aa aeate shortage wpertto la tkk deli. There Is alas the «f ■ystias being developed, iat hUhg start at expeetaSaftwmn A Hart Laak, at Ulp, Is a dacameatary which Mm Mftware1,359 words
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Article203 1980-12-12 7 IMPORTS again exceeded experts la in. While Imports late Tie Netherlaads rase by 17 J per eeat to 154J MUtea Oartaa, experts reee by 17 J per eeat to 127 J Ufflea Aortas. l*e latter flgare repreaeats experts werth almeet 5M million florlas per worklag203 words
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Article538 1980-12-12 7 THERE'S a go-between in Rotterdam who has successfully arranged numerous deals between the East and the West since 1971. This matchmaker with a difference is none other than the Centre for Promotion of Imports from Developing Countries, or CBI in short. Effectively an agency of The Netherlands538 words
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Article, Illustration1262 1980-12-12 7 LEE YOKE MENG - The Netherlands is keen on promoting ties in the Far East. LEE YOKE MENG explains the rationale behind Holland's export strategy. She also examines the role of the CBI, or the Centre for the Promotion of Imports from Developing Countries. LEE YOKE MENG "THE FLYING Dutchman" is nothing1,262 words
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Article782 1980-12-12 7 B J WU - rOBML with B J WU RECENTLY the New Nation featured an unusual interview with a few parents in Singapore who do not believe in sending their children to school. One's initial reaction to such an attitude is usually that of sheer disbelief. Would anyone in his782 words
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Page 7 Advertisements
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Advertisement60 1980-12-12 7 UNI Industrial Office Supplies Sdn. Bhd. K.L. proudly announce the appointment of Leonard International Pte Ltd as their Sole Distributor in Singapore on all products. 51 mm; .-7 m m v uCIIvUCII the drink dispenser that never closes! For Sales Services please contact: Leonard International Pte Ltd Block B, BA60 words
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Advertisement245 1980-12-12 7 Outstanding in any company. The Ford Granada 2JBGtua. _M The Granada Ghia is Germany's contribution m&£ktft£kr§£k to the prestige Ford fleet. The luxury car Am HI that has taken Europe by storm. A car with 2.8 m litres of power lurking beneath its bonnet, v V m Beautifully appointed throughout,245 words
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REGIONAL
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525 1980-12-12 8 AFP ABOUT 90 per cent of the houses built by Malaysian government agencies in new townships must be allocated to bumiputras. This was one of the recommendations made at the Third Bumiputra Economic Congress held in Kuala Lumpur recently. The Congress also resolved thatAFP - 525 words
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257 1980-12-12 8 AP THE World Bank says prospects appear good (or rapid growth, more prosperity and improved racial balance in Malaysia. In an exhaustive report entitled Malaysia Growth and Equity in a Multiracial Society, the Bank points out that Malaysia has plenty of resources andAP - 257 words
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394 1980-12-12 8 Reuter LABOUR relations in Asia should be geared to national development bat the rights of free association and collective bargaining should not be jeopardised. This is the resolution adopted in Manila by the 9th Regional Conference of the International Labour Organisation (ILO). TheReuter - 394 words
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Article265 1980-12-12 8 UPI US Defence Secretary Harold Brown flew Into Tokyo yesterday to appeal for a big increase in Japanese defence spending. However, Prime Minister Zenko Suzuki served advance notice he will resist US pressure. Even before Mr Brown's arrival, Mr Suzuki told a news conference heUPI - 265 words
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Page 8 Advertisements
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Advertisement363 1980-12-12 8 fl famous Nero In Watchmaking Us very ownership ts sheer testimony to the kind of man or woman who owns one. The advancement of fine Swiss watch technology; the perfect creation of the master craftsmen —unexcelled in beauty, design and precision. From the first inspiration to the last moment of363 words
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INTERNATIONAL STOCKS
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Article201 1980-12-12 9 DEC 10 CI Ahitihi 24' AJcan 39 Algoina 37 'i Bank Mont 32 Bank Nov a Scotia 33' Bell Tel 19' unch Beth Corp BP Can Lid 36 Br.ivan 38 Camp Red Lake 64 -4'. Can Imp Bk 27 unch Canpac 46 Canpac Inv Pf 19 Carltaf O'Keefe s\201 words
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Article307 1980-12-12 9 DEC 10 Rand INDUSTRIALS A Alpha 430 35 Abercom 330 -5 AE And CI MS -5 AMIC Barlows lOTO -10 Cg Sugar CNA HO unch Currie Finance 320 -5 De Beers Ind Edcon 67SS Edgars 8800 u nc h Eveready Fed Volk SIS unch Kugit 240 Gardlan Gienanl Gralemn307 words
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EUROPEAN MARKETS
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Article191 1980-12-12 9 DEC 10 Kls 272-50 -13 Ahold Akzo AMEV Amfas Amrobnk Bergoss Berk Bols Borsumij Burhmann Byenkorf Caland Calve Delfl Dell Mlj Ennui Kokker Kord Gamma Gistbroe Gobain SI 00 1530 90 00 112.70 56 40 18.50 48 00 54 00 ***** 55 00 31.70 27 90 172.50 60 00191 words
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Article273 1980-12-12 9 DEC 10 rr» CORBEILLE Air-Liquide 498 B S N Gervais Danone mi 33 C S f (ThomsonCsf > CI* Frannuf 425 •3 des Petroles 250 13 Compaq nip Financier* Compugnir Generate 374 Credit Koncier De France 418 •J Hachette (Libraine t Machines Bull 54 25 1 35 Mlrheiin (B>...273 words
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Article211 1980-12-12 9 DEC 10 Dm Aef-Telefunken 72 10 1 Akzo 1400 -1 Alii Lebrn *****0 ■40 A1U Vera ***** *1 BASF ***** *09 Bay H T Wbank ***** Bay Vbank ***** -4 Bayer ***** BBC 267 00 .5 BMW 152 70 Cassella 306 00 unch Chem Verw 234 00 Comtnerzbank *****211 words
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Article94 1980-12-12 9 UfX' 10 Frs FORWARD MARKET Actr Arbed Astur 286 1124 300 -4 -28 25 Bnucan Bru-Lamb Canpar Cock 984 1006 1220 154 22 4 12 1 Df Beers Ebes Elertfotoel 327 1560 3615 -10 unch 55 Gb-lnno-Bm Gev 1875 1302 -> 10 Hobo* Pftro Ryl Dutch 2465 5210 308594 words
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Article191 1980-12-12 9 DEC 10 Francs Actions Suisses 296 4-1 Alusuisse Br. 1100 •It Alusuisse Reg «4« 1 Brown Boveri Br 1475 -10 Clba Geigy Br 950 •IS Ciba Geigy PC TOO *10 CI ha Crio Reg 560 1 Credit Suisse Br 2505 -s Credit Suisx Reg 445 -1 Elektrowatl Br 2570191 words
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Article106 1980-12-12 9 DEC 10 Lire Anic 8 60 0 1 Assoc Oen ***** 780 Bastogi 657 >18 Cenirale ***** 140 flat 3556 33 K insider 78.25 -175 Gen Imtnob 2050 -00 in Pri 3829 -22 Italcementi ***** -600 I taigas 1000 -51 luisidrr 299 50 -03 Magneti M Pf 000 -50106 words
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Page 9 Advertisements
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Advertisement202 1980-12-12 9 Where to wine, dine and entertain Getaway to Sentosa 3 mzwsi*a 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. JEBL202 words
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Advertisement182 1980-12-12 9 f*liviiU JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daik 12 noon '1 p.m. 6 30 p m 10 30 p m hor reservations call *****77 A w '^y I'nliin I 'urk **>Im>■ i Hii i|h >i*<• :U K w a# X Jt LUNCH m Hors182 words
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Advertisement141 1980-12-12 9 The Great Family Do-lt-Vburself Barbecue. 'I c I. > m qefe f bW lust choow whit you < and barbecue it Meat apron available 120+ for adults. 114+ for each cMd under 12 Anytime from 7pm-10 30pm IUIJIM, CI.AY POTS Spcriallt (»l I«nI(ihhI( <h imt ill (Im' Mrrfin ITii/ii. K.141 words
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Advertisement142 1980-12-12 9 Inn Of Happiness w. 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. |A| HMON MTERNATKMAb SINGAPORE Be in vogue ";ihe142 words
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Advertisement258 1980-12-12 9 See Page 4 for Asian stocks and Page 10 for NYSE prices 'J A*Sf 0./ a f This it 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 by258 words
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BANKING AND FINANCE
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328 1980-12-12 10 AP CHASE Manhattan Bank raised its prime lending rate on Wednesday to 20 per cent, matching the record rate set last spring as the US economy plunged into a recession. Chase, the third largest US commercial bank, raised its prime rate from 19AP - 328 words
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154 1980-12-12 10 Reuter N M ROTHSCHILD and Sons Ltd director Robert Guy said be continues to take a bullish long-term view of the gold market due to the increasing evidence of the reappraisal of the role of gold in the international monetary system. He told a goldReuter - 154 words
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MONEY AND EXCHANGES
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Article444 1980-12-12 10 THE US dollar posted major gains against most international currencies yesterday and showed particular strength against the deutschemark as US interest rates moved to 20 per cent. From an opening of 2.0100/15 against the West German currency, the US dollar firmed to an afternoon level of 2.0150/80 before444 words
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Article175 1980-12-12 10 THE US dollar for overnight delivery yesterday closed firmer at 211.00 yen, compared with a 210.40 opening and 209.25 at Wednesday's close, dealers said. Trading was active and heavy with volume US$l.l3 billion. The dollar steadied between 210.80 and 211.00 yen in moderate but unsettled late trading, after rising175 words
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Article45 1980-12-12 10 FRANKFURT exchanges opening quotes on Dec II: US— 2.0130 15 (1.98BO/0) St* 4.710,71« (4.W2/C72) Can 1.6833/57 D F1 SB OS 23 S Ft 110.29/47 Lit 2.110 14 F Fr 43.22/31 NKr-38.39 45 B Fr (con) 6.2K/25 B Fr fin 6.206/216 Yen 0 9640 5745 words
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Article365 1980-12-12 10 SINGAPORE gold futures yesterday closed sharply weaker compared with overnight levels in moderate trading. Trading was suspended for one hour in the morning as prices opened limit-down across the board following the metal's sharp decline in New York overnight due to further rise in US interest rates. The market365 words
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Article22 1980-12-12 10 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.8 per cent.22 words
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Article294 1980-12-12 10 THE DOLLAR yesterday gained further against major currencies at the opening, still boosted by high US interest rates. Continuing the firmer trend above two marks from New York on Wednesday and the Far East yesterday, the dollar opened at 2.0125/ 35 marks compared with its closing here on Wednesday294 words
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Article184 1980-12-12 10 THE HONGKONG dollar yesterday recovered in thin late trading to 5.1920/50 against the US currency compared with the 5.2020/50 low seen in the morning and Wednesday's late 5.1910/40. The recovery was prompted by heavy profit-taking in an active market, but dealers said the outlook for the local currency is184 words
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Article47 1980-12-12 10 Wt4 TM New York 15 00B 16 55B 15 30S 16.8SS Zurich 14 75B 16 40B 1515S T\>m 16 80S 11 r A Singapore Illfl 14 WB Wd 16S0B 15 JOS 16 90S Closing prices in US dollars a troy ounc Source: Credit Suisse, S'pore47 words
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Article190 1980-12-12 10 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Dec 11: 7 days 1 month 2 months 3 months 6 months 0 months 12 months 1 month 3 months 6 months 12 months 1 month 3 months fl months 12 months US/t L'8 Doll* ret Spot) Offer Bid190 words
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Article47 1980-12-12 10 RANGE of price* offered by dlscount hfiMti > on Dec 11: Ovcnigkt to 7Mi* Call depot Its: Clomc Baytef SelliM 3-month Treasury bills 813/16 SU/16 3-month Bank bills 13 13/16 1311/16 3 months CD 131/10 12 15/16 6 months CD 12 15/16 13 Source: National Discount Co47 words
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499 1980-12-12 10 RUTH CHENG - •By RUTH CHENG Ten per cent of an international stock portfolio should find their way into Singapore, Hongkong and Australia, Dr HC Kessler and Peter J Widmer, senior vicepresident and first vicepresident of the Swiss Bank Corporation told Swiss businessmen in Singapore recently. Singapore and499 words
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Article966 1980-12-12 10 THE NEW YORK (lock market on Wednesday closed sharply lower, plummeting la the taflt hour of trading ax investors coabnued to be concerned about the outlook lor interest rates. Analysts said the prospect at further rises in interest rates, following Tuesday's increase la the prime rate966 words
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Page 10 Advertisements
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Advertisement352 1980-12-12 10 restaurant Steamed Fish with Bean Sauce Don't miss the dining experience a of Chinese Hunan Cuisine r ,7 < Business Hours: "Bedetf < Daily 11.30 am 2.30 pm X 6.30 pm 10.30 pm 214 Dunearn Road Inn s,n 9 a p° rell29 lIVJ II II I Tel *****49.*****22 2! m352 words
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Advertisement61 1980-12-12 10 f Sole Agent r XOK HONG CO PTf IffO y -.-.C 8..1 c: M. rjie smooth, sparkling qistc of Tsingiao beer brightens up afiy happy occasion. A party, a cocktail reception or just a friendly gathering. Brewed from the mineral waters of Mount Laoshan and the finest Chinese hops 4nd{bartey.61 words
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COMPANY NEWS
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Article, Illustration2415 1980-12-12 11 STEVEN TAN - The construction of the multi-million dollar House of MUI in Jalan Damansara marks another landmark in Malayan United Industries' history. It perhaps also signifies the beginning of a more formalised management structure of the group since its meteoric rise during the last several years.2,415 words
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Article597 1980-12-12 11 THE most difficult points to reconcile about Mr Khoo Kay Peng are his enthusiasm for business and an even greater zeal for his religious pursuit. But the man at 42 he is already chairman of Pan Malaysia Cement Works, Central Sugars, Pan Malaysia Rubber Industries and597 words
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207 1980-12-12 13 THE results of gold prospecting work done by Kampung Lanjut Tin Dredging will soon be known when a statement to shareholders is issued. In its interim announcement of results, the company said the outcome of field work in the Kelantan gold prospecting areas207 words
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245 1980-12-12 13 GENERAL Ceramics has given the basis for valuation of its shares at $1.99 each for the purpose of taking over Ampang Specialist Centre Sdn Bhd. In a reply to KLSE queries, General Ceramics said the price was arrived at after taking into account net245 words
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Article154 1980-12-12 13 Reuter GUTHRIE Corp said the second half of 1980 has proved more difficult, with profit under pressure in most territories. A substantial palm oil price reduction has been mitigated by marketing, it added. Guthrie Bhd will produce better second half results, reflecting South-east Asia's relativelyReuter - 154 words
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315 1980-12-12 13 FT ONLY two months after announcing its final figures for 1979-80, Saint Piran, the UK-based tin mining and property group, has announced interim profit figures for the half-year to the end of September. Pre-tax profit has fallen to £569,000 from £910,000, continuingFT - 315 words
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In Hongkong...
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875 1980-12-12 13 Reuter HONGKONG Barge announced that agreements have been reached with several companies whereby the share capital and assets of the barge group will be significantly enlarged. HK Barge disclosed the terms of the agreements under which the group will acquire certain properties valued atReuter - 875 words
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Article717 1980-12-12 13 MALAYSIAN Oxygen Bhd (MOX) is planning to seek a listing on the Kuala Lumpur Stock Exchange next year. Ahead of this, the company is planning to make a special issue of |4.8 million new shares to bumiputra investors to increase the Malaysian interest717 words
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Article, Illustration563 1980-12-12 13 wssrn- HOCK LOCK SIEW FOR every move there is a reason, whether fundamental or otherwise. That seems to be one of the basic principles governing share price movements on the stock exchange. Any run-up in the price of a particular share often triggers off some new (or old)HOCK LOCK SIEW - 563 words
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Page 11 Advertisements
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Advertisement116 1980-12-12 11 PIANO RECITAL GREGOR WEICHERT Friday 19 8.00 pm o PROGRAMME J.S. BACH Chromatic Fantasy and Fugue in Dminor BWV 903 F. LISZT Variations on the theme of Bach's "Weinen, Klagen, Sorgen, Zagen" F. LISZT Funeralles Die Zelle in Nonnenwerth (Elegie) Nuages Gris Apres Une Lecture Du Dante (Sonata Quasi Una116 words
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Advertisement132 1980-12-12 11 w Mr. Bill Murray of Crane Machinery Services Limited, England would be pleased to discuss used, mobile crane purchases inducing the internationally famous Coles Cranes. Bill can be contacted at the Singapore Sheraton Hotel (From December 11 th 18th) and will explain how you can save between 40% and 60%132 words
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1714 1980-12-12 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with? the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Alcoa (3.006) Allied1,714 words
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Article176 1980-12-12 12 ■NGAFOU UNIT 1*U «T OCB-MONTAGl (thMfMi 1 ptiea* tar Dm >1» (Ma—gu i' p ■teas tar Dee It) The Commerce LIS in Union Spare Fund IM 1.29 The Savings Fund 1JI l* INOOMK BOND UNIT S'pore Prog Faad in 1.44 (Cam Income Bond mt pr taas) 1.31 S176 words
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Article2704 1980-12-12 12 Gr's Gr"s Net 1980 Last Div Div Y'ld P/E Vol Day High Low Company Sale +or- C'rr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acm» 342 15.0 2.8 45 115 m 300 220 Alcom 300 12.0 2.5 4.0 17.0 m 149 110 Allied Choc 1322,704 words
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Article1826 1980-12-12 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1.000 units, unless otherwt*° specified. INDtimuu Igaim-- (3128 3.205) Aleem (2 MB 2 98S) (7) 2 961,826 words
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Article87 1980-12-12 12 THE 8tratta Tradlag Campaay: An EOGM to be held at 20th Floor, Straits Trading Building, 9 Battery Road, Singapore 0104, on Dec 15 at 12 noon. AOKAM Tla BM: Twentysixth AGM to be held at Wisma Bunga Raya, 152 Jalan Am pang, Kuala Lumpur on Dec 22 at87 words
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Article, Illustration741 1980-12-12 12 SELLERB mtinptd the fßagape» Slack Exetaagc yesterday, eaaalag prices to ■IMe (rem the epealag beU. At BMB, the Straits Times lataatrlal latex brake threagh Its aappert level *f CM te 9(4.91. By cMag time, the latex hat piaaged 15.11 palata to «48.14. The Baaiaeaa741 words
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Article609 1980-12-12 12 MAGNUM Corporation, with its generous scrip issue, provided the major interest in the otherwise dull and selective Kuala Lumpur stock market. The news, coming late on Wednesday, boosted Magnum's share price way above its pre-suspension price of MJ15.90 (before the announcement), but failed to galvanise609 words
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Page 13 Advertisements
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Advertisement145 1980-12-12 13 *r Qantas leads to Australia. Of all the airlines that serve the vast continent of Australia, Qantas leads the way. Our exclusively 747 fleet offers you more flights, more destinations, more flexibility. Naturally, as Australia's national carrier, this is exactly how it should be. But equally important is the quality145 words
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300 1980-12-12 14 "DAWN raids" on the London Stock Exchange the sudden purchase of huge amounts of shares in surprise early morning deals will be curbed from yesterday by new rules. Anyone wanting to buy 15 per cent or more of a company's shares must300 words
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Article271 1980-12-12 14 UPI DISAGREEMENT between the US and its European allies emerged yesterday over the reaction to a possible Soviet invasion of Poland. US officials said Secretary of State, Edmund Muskie, hoped to persuade his European counterparts at a meeting of Nato foreign ministers to agree on aUPI - 271 words
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361 1980-12-12 14 Reuter THIRD World producers and industrialised consumers of tin differed widely on Wednesday in Geneva at talks aimed towards drawing up a new international agreement on regulating the tin trade. Argument centred on when export controls should be introduced to support the worldReuter - 361 words
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343 1980-12-12 14 IN LINE with lower profits suffered by other plantation companies, Kuala Lumpur Kepong has reported flat earnings for the year ended Sept 30, 1960. At $60.16 million, unaudited group pre-tax profit was marginally down from the previous year's $61.7 million. The uninspiring results, which fell343 words
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136 1980-12-12 14 AFP THE recent anti-Chinese riots in Central and East Java were part of a revolution to topple President Suharto. The Indonesian Home Minister Amir Machmud said in Medan the riots were intended to bring the entire country into chaos and to sabotage the 1982AFP - 136 words
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193 1980-12-12 14 PAHANG Consolidated has divested itself of its entire stake in Sentosa Plywood, apparently in a move to consolidate its financial position. The tin-based company announced yesterday that in November, it sold off its holding of 4.95 million shares, representing 49.5 per cent of193 words
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270 1980-12-12 14 FIVE leading sculptors from Asean nations will soon be living and working in Singapore, creating a permanent reminder of the spirit of Asean cooperation. This was announced by the First Parliamentary Secretary to the Ministry of Culture, Dr Ow Chin Hock, at the270 words
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Article69 1980-12-12 14 BRITISH Airways (BA) and airlines of Asean nations will meet in Kuala Lumpur on Monday (or their third round of talks aimed at reaching an agreement on fares, a Singapore Airlines spokesman said yesterday. Talks held in the Malaysian capital last month failed to find a69 words
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477 1980-12-12 14 Reuter HONGKONG share prices and the dollar tumbled sharply yesterday as local investors shifted towards US currency in the wake of announcement that major US banks had increased their prime lending rate to 20 per cent. The Hongkong dollar which has already lostReuter - 477 words
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Article297 1980-12-12 14 Reuter SWIRE Pacific Ltd and Hongkong and Shanghai Banking Corp have purchased the 15 per cent share in Cathay Pacific Airways held by British Airways associated companies, Swire said in a statement. The purchase, made through wholly owned subsidiaries of the two companies, leaves SwireReuter - 297 words
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Article796 1980-12-12 14 LONDON, Thurs. Share prices opened easier in quiet trading following the sharp losses seen on Wall Street. Leading equities were marked a penny or two lower as in Beecham, ICI, Lucas and Courtaulds. Gold mining shares were again weak as the bullion price continued to tall. Government bonds796 words
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Page 14 Advertisements
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Advertisement157 1980-12-12 14 FINE CHINESE ANTIQUES WORKS OF ART* KWOK GALLERY Pte. Ltd. *****3, FIST FLOOR. FAR EAST SHOPPING CENTRE ORCHARD ROAD. TEL: *****16 SHOP 1. GROUND FLOOR MARCO POLO HOTEL TANGLM ROAD TEL: *****5S THREE GENERATIONS Of PROVEN DEPENDABILITY SINCE 1918 \K A' >1* A>K ft 'A 'A' A' jilii 'A *Ift157 words
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Advertisement125 1980-12-12 14 InTTTTPgl Executive Attaches with the luxury of 24Kgold Rich full grain and smooth leather. Luxuriously hand-crafted and deep-stitched for style and elegance. Jl And Presto combination locks of 24k gold plate, featuring external resetting. Specially contoured 5 handles for carrying comfort. I Fully lined and logically compartmentalised. Expandable models for125 words
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Page 14 Miscellaneous
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Miscellaneous65 1980-12-12 14 Outlook for Singapore from 6 a.m. to 1 p.m. today: Thundery showers in several places from late morning. Report for 24 hours prior to 7.31 p.m. on December 11 at the airport. Maximum temperature 28.6 Associated humidity 81 Minimum temperature 23.4 Associated humidity 97 Hours of sunshine 2.55 Rainfall in65 words
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SHIPPING TIMES
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Article702 1980-12-12 15 Shipping Line Page C«l Adriatic IV 5 Afea VI 3 Afro-Eurasia VI 2 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 Antoll vra 4 APL m 4/5 Achipelego vn 2 Anhsing vn 5 Argentine IV 4 ASCL m 1 Asia Merchant IV702 words
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729 1980-12-12 15 LEE YOKE MENG - By LEE YOKE MENG THE SHV Group, a leading shipping and transhipment group in the Netherlands, may use Singapore as its base of operations in the Far East Hongkong is another possible site. But Singapore's central location in South-east Asia has729 words
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PORTSIDES
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Article71 1980-12-12 15 Reuter DOCKERS in some Spanish ports will go on unlimited partial strike today, a Spanish Labour Ministry spokesman said. The extent of the strike and which ports will be affected remain unclear. The spokesman said the strike is certain in Barcelona, Cadiz, Las Palmas and Tenerife, butReuter - 71 words
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Article59 1980-12-12 15 Reuter THE Indian government has ordered the Calcutta port authorities to take firm steps to break a seven-day-old strike by dock workers, the Press Trust of India (PTI) reported. The directive followed a request by the port authorities to the government to declare a state of emergencyReuter - 59 words
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Article38 1980-12-12 15 Reuter THE Port of Chicago has halted, for the winter, movement of vessels moving out of the Great Lakes, trade sources said. Dec 15 continues to be the official closing date for the Lakes.— ReuterReuter - 38 words
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Article66 1980-12-12 15 UPI A Japanese company has agreed to supply oil drilling rigs, accessories, crews and equipment for four wells in Bangladesh, officials said. Japan Petroleum Exploration Co and Bakhrabad Gas Systems of Bangladesh has signed a contract to conclude the agreement. A Japanese loan agency will finance theUPI - 66 words
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Article34 1980-12-12 15 Reuter THE Australia northbound shipping conference said it set a bunker surcharge of 14.22 per cent on the Australia to Japan (including Naha) and Korea route. The surcharge will apply from tomorrow.Reuter - 34 words
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Article159 1980-12-12 15 AFP THE Hongkong Wah Kwong shipping group is spending US$l55 million to build five small bulk carriers in Japan and one in Taiwan for delivery between August 1982 and March 1983. Including its six latest contracts, Wah Kwong now has 41 ships on order totallingAFP - 159 words
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Article985 1980-12-12 16 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 following985 words
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Article1528 1980-12-12 16 THE freight market on Wednesday was featured by a sharp increase in Soviet chartering of vessels for Continental delivery for trans-Atlantic round voyages. Business included a vessel of 66,000 long dwt and two of 70,000 dwt which received US$l7,OOO daily, while a 30,000 tonner secured $9,750 daily, and1,528 words
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Article111 1980-12-12 17 UPI A VIOLENT storm off the ancient Roman port of Caesaria smashed an off-shore construction rig into a breakwater and tore another off its base, stranding dozens of Italian workmen aboard in choppy seas yesterday. Israeli air force helicopters and naval boats rushed to the scene aboutUPI - 111 words
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Article329 1980-12-12 17 en EXPECTED ARRIVALS ln TODAY in >1- KEPPEL WHARVES r East Rainbow (0300) 29/ P- 30 Equator II (0700) 22 S~j Fareast Triumph (hauls I I after Marie Bakke sails) 6/7 Foochow (1500) 13/14 Felix Dzerinskiy (Pasi senger) (2000) 1/2 Gardenia (0400 Draft j not to exceed329 words
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287 1980-12-12 17 AP NEGOTIATIONS on an accord to increase US fish exports to South Korea will begin next year, the US I Commerce Department says. The announcement was following a trip to Seoul by Richard Frank, administrator of the US National Oceanic and AtmosphericAP - 287 words
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Article, Illustration1012 1980-12-12 17 Fairplay IN A recent visit to familiaw rise herself with the opera--1 tions of inland waterway j vessels, the Dutch Secretary j of State for Transport, Dr t Nelle Smit Kroes, took a short voyage aboard one of the large barges on the > RhineFairplay - 1,012 words
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1431 1980-12-12 21 SCHEDDLE 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 of1,431 words
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Article724 1980-12-12 22 THE freight market in South-east Asia is steady aod rates are also firm. Coastal trading is healthy. The tug and barge sector is ending the year in a healthy state. The Chinese are taking advantage of the discount rates that shipowners are offering for their midppcember shipments. This724 words
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576 1980-12-12 22 WEST Germany's shipowners look back on 1980 as having been full of problems and adversities and they offer little optimism for the coming year. The high labour costs on German ships, cut-rate competition from Eastern Bloc countries and an inflexible position by the West576 words
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Article242 1980-12-12 22 Reuter A 29,400 dwt Peruvian bulk carrier carrying lead and zinc ore bound to Japan, is drifting in the Pacific off Midway Island after springing a leak, Mitsui and Co Ltd said. All crew members of the Capirona, owned by Oceanica Peruanasa, abandoned ship andReuter - 242 words
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Page 15 Advertisements
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Advertisement518 1980-12-12 15 sq 0Q vtffc, Europe Our Next Loader Port Kelang: Singapore: *6/12 For further details, see page V w n JAR DIM AN I AH Orient Overseas Co*tiuMeA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) ICHMA CONTWO 9N •S. SEAS BRCGE 29N IKPTWC GAMCT 3 N KOREAN CHANCE IN CtCVALCR518 words
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Advertisement309 1980-12-12 15 HSEALORDU m UASC UNITED ARAB SHIPPING CO (SAG) GULF EXPRESS MULTI-PURPOSE SERVICES AL SALIMIAH V.31 IBN AL NAFEES v 29 Loading for Kuwait (3/1), Damman (6/1), Dubai (9/1), Abu Dhabi (12/1) Doha (15/1), Mina Al Fahal (18/1) Mina Qaboos (21/1). Bahrain (24/1) Accepting containers/breakbulk Dubai (20/1), Dammam (23/1), Kuwait (26/1),309 words
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Advertisement16 1980-12-12 15 II Wm CONTAINER Schedules I LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather ORIENT Exchange16 words
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Advertisement660 1980-12-12 15 Australia Our Next Loader Port Kelang: 24/12 Singapore: 2\i\2 For further details, see page V MAERSK LINE EXPORT FULL CONTAINER SERVICES TO. U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS pore ILongbeach New York '.'a ,1.1 4/1 18/1 18/1 25/1 15/1 29/1 29/1 5/2 12/2 19/2 26/2 5/3 12/3 'i660 words
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Page 16 Advertisements
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Advertisement960 1980-12-12 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE T» Etwpe Feeder 'PKelai* Vessel Spore 1) Msedles 2) Rdam 3) Hborg Gburg B DAHLIA In Port BSUWA 16/12 31/12 5/1 6/1960 words
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Advertisement301 1980-12-12 16 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA US ATLANTIC GULF AND E. CANADA ft Kris* Mi nron CM Mm SaM 12-14/1? SMM 27/1 2/2 •10/12 It-11/12 15/1 21/1 •27/12 3-3/1 31/1 6/2 V*«ti CM B iwrt N Y«t MM «Mn H Ort MkM MM 5/2 6/2 1/2 10/2 12/2 13/2301 words
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Page 17 Advertisements
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Advertisement835 1980-12-12 17 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH. BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN ANO RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS Revised port congestion surcharges with effect from Ist January, 1981. As, with effect from Ist January, 1981, an element of BAF is to be incorporated in the835 words
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Advertisement787 1980-12-12 17 I Franco Belgian Services W F r Freuch Service u tlh Belgian bar Eastern Lines» rau ccwmpso sonnet to m« of ACf CONSORTIUM CHM CONTARO Sated SEVEN SEAS BROS If D« NETTUf GARNET 23 Dk «OKAN CtMNCt 27 Ok f KEIANG EeHaere 0 dim taPert 29 Ok 30 Ok H"bt»|787 words
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Page 18 Advertisements
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Advertisement781 1980-12-12 18 12 rojWTMO* OPE fwl FW Dip*, Hm*w| Eipress Kuafa Marti TO ftEUTEMMCA Hapag-Lloyc Spore PKelang| h burg Bhairen Rfcm' TW HK 12/12 14/12 20/12 22/12 3/1 5/1 S pore PK Pen Bilbao Genoa H burj B ha»en Rdam Ant»< 28/12 30/12 3/1 6/2 4/2 1/2 30/1 3/1 4/1 6/1 6/2781 words
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Advertisement576 1980-12-12 18 KOREA P. Keiani PENANG VKA 155W 29-31 Dec 25-29 Dec VEGA 156E 29-31 Dec 25-29 Dec ALTAR 159* 7-11/1 12-15/1 ALTAR 159* 7-11/1 ALTAIR 160E7-11/1 CORPN STORE 1/4 Jan 81 FROM BUSAN BANGKOK 1/4 Jan 81 TO BUSAN 16-19 Jan 81 FROM BUSAN BANGKOK 16-19 Jan 81 TO BUSAN KSC576 words
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Advertisement633 1980-12-12 18 EVERGREEN LINE FAR EAST;EUROPE express full container service ACCEPTING CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP. LE HAVRE AISO ACCEPTWG CARGO FOR UNITED MNGOOM SOUTHAMPTON LONDON. MANCHESTER BIRMINGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM S'part >Uw*m Rattardaw Eafattwrt Mwarp Lt Haw Enr 11* 10/12 C/l 1/1 10/1 13/1633 words
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Advertisement420 1980-12-12 18 II Everett Lines! m NM NKM MTOWTW* msmewmu Burim Fivt Star Shippint Corpn. BURMESE NATIONAL LINELOADING FOR RANGOON L"?.. fmmt B f SS C Agents n Moloyvo BOUSTEAD SHPWNG ITL NOS KL *****2/*****9 I Compsma ArfMtiM Dc T» NavtMcion Ifittreontinantai S. A. C.I. F. I WJ "ARGENTINE NATIONAL LINE" 10A0MG420 words
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Advertisement703 1980-12-12 18 amrrinu times, Friday, December 12,1981 mo.s.E OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE AUSTRALIA SERVICE MAT PMNCE Jan r Kdwi 9/10 J« Lotting tar: SYD. MEL AOfl JAPAN/STRAITS SERVICE CONTAMER BOOKMG SUB AfiENTS P. KEIANG penans SMCAPORE m ******4/7 ft *****70 K LtMfW TEI *****4 *****1 OCEAN SMPPMC STORE TEL703 words
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Page 19 Advertisements
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Advertisement839 1980-12-12 19 PIL GROUP EAST AFRICA/REDSEA SERVICE A Singapore P.Katong Panang Loading for: KOTA MOLEK 20/25 Doc Dritulum Jaddah. Hodo«dah. Mogadiscio KOTA TANJONO 20/25 Doc Aaaab, Jaddah, Port Sudan. Hodaidah Singapora P.Katang KOTABENAR 15/20 Doc KOTA FAJAR 20/25 Doc KOTA JASA 25/30 Doc Adon. Joddah COLOMBO/KARACHI/P. GULF SERVICE KOTA SEJARAH 25/30 Dec839 words
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Advertisement860 1980-12-12 19 Li to BENLINE CONTAINERS EXPRESS com AMD) SERVICE TO/FROM EUROPE H BURG BHAVEN ROAM HAVRE SO lON Spore P Retang W Germany' Austria Antwerp Fiance AIUR Fart Flew 0 «t* 19/12 20/12 11/1 Iffarpadßay 27/12 29/12 21/1 22/1 t*«» J/1 5/1 25/1 27/1 RaMga Itara U/1 12/1 3/2 V 2860 words
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Advertisement818 1980-12-12 19 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE WD HOORN SM B DAHLIA 13/12 I penaga it/17 B (MM 2C/1? B PENAGA 2/1 DAHLIA 9/1 1) Barcelona Genoa Leghorn 2) Amsterdam Antwerp It H»»'» t nwpool UI. Canary IMMs 3) Bremen Bremerhanen Aartais Copenhagen llelsmki 4) Memo M teeder ffiHt accepting818 words
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Advertisement625 1980-12-12 19 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REWtON I SOUTH AFRICA BEAVERBANK SINGAPORE S'wong 1 eta Reunion 22/12 Durbon 1/1 Capetown 5/1 Pt Eliz 7/1 (also accepting East London and Maputo cargo) Lukes/V Linos U.S. WEST COAST SERVICE lor Owct from SfO ibck SPO« stle lac VBC NANCY LYKES SM SM625 words
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Page 20 Advertisements
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Advertisement877 1980-12-12 20 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA Cafcr teeto ««uh ak* uaiatole on rt*mt C»|Mt ah* acceptable tar Oakland Vancouver Portland Houston. Gata«t«n. New Orte Boston It. Ma. PMaMpMa. NorfoA BaMmore. Saramati lackwmr* TO EUROPE S pore P Kelang L Havre R dam H'burg Bremen877 words
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Advertisement681 1980-12-12 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lu** tar LOS MOLES SAN FRANCISCO SEATTIE. TftCOMA. VANCCXMH B C Acceptanf FCI/FCI C««ta»«n P Man ..110k Seaport »DK I A/iplei 23 tan AUSTRALIA EXPRESS CONTAINER SERVICE Accvtaf Fa/FQ Conl«tn "A VESSEL NEW ZEALAND SERVICE t hr bhm irmno*. kluktoh. moomb inmm »u»*n681 words
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Advertisement713 1980-12-12 20 •I (iroup SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINESI GENERAL *****1 114 LINES) TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A B CARSHIP CABLE CARGOSMIP GUI' Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK VOY lAOE BOUNTY 525/53N J AOC BOUNTY 535/54N713 words
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Advertisement584 1980-12-12 20 fT\ GRANARD LIME ISDEPESDEST A TTRACmT Ra TES u MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CO\TAl\£M CARGO FCI OSLY FOR. PORT SAID. ALEXANDRIA. BEIRUT LATTAKIA. UMASSOL. ISTANBUL PIRAFUS Specially engaged agents A stevedores providing immediate discharge Spcre PKeUnt MAN CHEONG V.4IW 13 Dec MAN SJNG V4o* Dec Cafcx fori Said. B«nit584 words
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Advertisement809 1980-12-12 20 a iiwwji xt *f i<rw INTRASEA (PTE) LTD Faber House 234E Orchard Road Singapore 9 Telephone *****11-*****57 XOAAIIAIIVX REGULAR WEPENDENI SERVICE TO EUROPE S pore P. Keiant Penanf LmAm tar: NORASIAW§7 22 Dec 25 0k BOULOGNE/RDMI/ MR (AVON) A tents S«| apart KTRASEA (PTE) LTD *****11 BOOK IK *****57 K809 words
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Page 21 Advertisements
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Advertisement617 1980-12-12 21 Brem A'werp 6/1 9/1 9/1 12/1 15/1 18/1 20/1 23/1 24/1 27/1 29/1 31/1 3/2 5/2 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): A member o» ACf Coosot'ura C. CONTAINER 9*. SSBWDGE29H+. N. GARNET 3W. K. CHANCE IN C. FML 25* K. JACEJN 8W TW BADGE 41V •Containers617 words
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Advertisement261 1980-12-12 21 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STOW PT SUEZ PT SAD ALEXANDRIA AGJA MARINA Dec 24 Jan lan t l«n 13 SPHMX U Jan 15 Feb 1 Feb 4 Feb > Carp Bookies Please Phone *****43 MARTRANS CARGO PLEASE CONTACT SCHENKER SINGAPORE261 words
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Advertisement438 1980-12-12 21 \*Pl OCEAN LINES regular hoh conference services MEDITERRANEAN SEA SERVICE S pore P Mar* Ptnar* loaAnj lor OCEAN DIAMOND v i owe UNQUE MPKI Y.SNB Part S*d/Lanassol/ Weiandr Pirievi/Beirut/ltijeka MERIDIAN EASTERN LINES MRECT REGULAR MONTHLY SAIJNG TO COLOMBO I KARACHI (Abo accepting cargo for SHARJAH, DUBAI, BAHRAIN. SUBJECT TO ■DUCEMENT)438 words
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Advertisement189 1980-12-12 21 HSING WEN SHIPPING (PTE) LTD Suite 849. Bth Floor. World Trade Centre Tel *****25 (3 Lines) Bookings *****04. *****05 REGULAR SERVICE TO BRUNEI (MUARA PORT) Name of vessel ETA ETD SOUTHERN GLORY 14 Dec 16 Dec PALLETISING SERVICE ACCEPTING: HEAVY Lin 25 TONS AVAR.ABIE CARGO WILL BE STORED AT PPW189 words
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Page 22 Advertisements
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Advertisement303 1980-12-12 22 MALDIVE LINES ETA KUANTAN ETA PORT KELANG MMJXVE HDUSTRY Sailed goading tor Chittagong/Madras MALDIVE PEACE 12/12 Loading for Dubai/Kuwait BAUXVE MAGE 18/12 beading For Jeddah/Djibouti SALMVE LOYALTY 25/12 loading for Hodeidah JALDIVE SEAFARER 30/12 boading for Jeddah SXVE PIONEER 30/12 ing For J«ddah FTJR BOOKINGS ft ENQUIRES PLEASE CONTACT: SMGAPORE303 words
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Advertisement438 1980-12-12 22 NOTICES TOKO UNK M.V. "lUGAN" VU arrived on S-IZ-M at Jur»n* Part Consignees of all damaged cargoes ex the above captioned vessel are notified that the General Survey will be held on Monday, 15th December. 19N0 at Jurong Pon Codown No. 1 from 10 00 am to 3.00 pm. No438 words
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Advertisement399 1980-12-12 22 m.>. "BANiiLAR ASH A" VOY: arrive Kth Derrmbrr, ISM. at PJi.A. (Mm* N». K. General Survey of damaged cargo ex the above vessel, will he held on Tuesday 16th December. 19H0 from 900 am to 5.00 p.m. No further survey will be held after this date. Ageate:R W.I.ADKNH SHIPPING AGENCY399 words
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Advertisement631 1980-12-12 22 We cut problems down to size Leading supplier of quality Branch office products and services for Unitor Ships Service (S) PTE LTC maintenance and safety pro- No 9 Fourth Chin Bee Road tection for the marine industry Jurong Singapore 2261 are available from 51 Unitor Telephone *****0 offices with over631 words
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Page 22 Miscellaneous
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Miscellaneous164 1980-12-12 22 Regional weather fi rj S l.vs a 178 'A m w 1 s VziL szzms. (i<h; IK l^" SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c Wini Wind direction with speed in knots Wave height LEGEND: R, Thunderstorm Temperature °C Shower Weather s-S w «"d direction with164 words
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