The Business Times, 29 December 1980

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. lli/l/M MONDAY, DECEMBER 29,198« 50 CENTS
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  • BRIEFLY...
    • 82 1 AP CYPRUS, Sun. Oil prices set by the Organisation of Petroleum Exporting Countries at a recent meeting in Bali, Indonesia, will not be increased until next May, Kuwait's Oil Minister said today. Sheik Ali Khalifa A 1 Sabah was quoted by the Middle East Economic
      AP  -  82 words
    • 54 1 AFP BANGKOK, Sun. Thailand has imposed further restrictions on the Red Cross airlift from Bangkok to Phnom Penh in its running battle with international relief organisations. The Thai government has banned the sending of food to the Kampuchean capital and has restricted the daily flights to carrying
      AFP  -  54 words
    • 52 1 UPI ISLAMABAD, Sun. Afghan guerrillas organised anti-Soviet demonstrations in Kabul and other major cities on the first anniversary of Moscow's invasion, reports reaching Pakistan said. Rebel organisations in Peshawar said they had received word that the demonstrations were held yesterday despite tightened security measures by Afghan and Soviet
      UPI  -  52 words
    • 81 1 Reuter TAIPEI, Sun. The ruling nationalist party, Kuomintang, captured 16 of the 22 seats in the control yuan election yesterday. Five seats went to independents and one to a young China Party member. The control yuan, one of the three legislative branches, is the highest watchdog
      Reuter  -  81 words
    • 76 1 AFP TEHERAN, Sun. Resolutions prepared by the organisers of a major religious observance here today called for the quick settlement of the US hostages affair and strongly attacked "liberals" and those "who sow divisions in Iran." The observance, known as the March of Arbain, attracted
      AFP  -  76 words
    • 57 1 AFP TOKYO, Sun. Both Japanese industrial production and shipments recorded their first month-to-month decline in three months in November, the Ministry of International Trade and Industry (MITI) announced today. The production index last month stood at 141.3 (100 for 1975), down 1.1 per cent, and the shipment index
      AFP  -  57 words
    • 75 1 AFP TOKYO, Sun. In a reversal of its earlier decision, the Finance Ministry today approved the Defence Agency's request for additional sums, amounting to 11,500 million yen (U5554.76 million) to procure new defence hardware in next fiscal year's draft budget. This brought the total defence expenditures
      AFP  -  75 words
  • 110 1 THE following is a list of the 19 most actively traded stocks on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices on Friday and the high and low for 1981 Ciai|»iy Ttrnvrr Prk** High Law IN Dec 1MM
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  • 157 1 SINGAPORE Dec a De* a Dec 14 Dee a Dec ++BT Index: *****.67 Dosed Closed Closed *****.70 'Industrials: 661.51 Closed Closed Closed 656.90 (sJHnance: 1250.86 Closed Closed Dosed 1262.48 ••Hotels: 724.60 Closed Closed Dosed 734.10 •Properties: 593 03 Closed Closed Dosed 602.81 t. Minings: 410.06 Closed Closed
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  • 676 1  -  TRANSPORT IN THE LEAD By FOO CHOY PENG THE Government's call for higher productivity has not fallen on deaf ears. Productivity more than doubled in the first nine months of this year compared with the corresponding period last year. Except for commerce, all the major sectors'
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  • 225 1 SINGAPORE will send a group of government officials to Japan next month to learn about energy policy, the Japanese Ministry of International Trade and Industry (Mlti) said yesterday. The Republic also plans to invite top Japanese economists and business leaders to help increase its national
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  • 496 1  -  By JAN LEE SINGAPORE'S shiprepair yards will remain competitive next year despite increasing costs and the prospect of an increase in repair charges by the second half of the year. Local shipyard executives attribute their optimistic view to the soaring repair charges all over the
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  • 273 1 AN overhead cable-car public transportation system for tbe Federal Territory has been recommended by a team of Swedish experts after conducting preliminary studies. The recommendations are being studied by the Malaysian Minister for Federal Territory, Mr Amar Taib Mahmud. The mass transportation system to be known as
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  • 264 1 THE Ewimk Development BmH will meet textile Mi garment tod electrical manatee turn next month to disc ass the Government'* plans and policies for the two industries in the Eighties. The discussions will be the last two in the series of discussions the
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  • 472 1  -  By FONG MEW LENG NEW investment commitments in Singapore are expected to drop after next year and are unlikely to pick up until 1964. But to prepare for the upswing in 1984, Singapore will have to concentrate its efforts now on improving not only
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  • Page 1 Advertisements
    • 24 1 A helping hand when you need it most M4F Wayfoong Mortgage And Finance (S) Lid. Ground Hoof, Shaw House, Smgopore 0923 TH *****77 5
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    • 65 1 The Ideal Business Companion M-900 Simply conceived yet resulting in a creation so sophisticated that none can match. M-900. The latest in Sony's range of micro-gigantic wonders. A pocketable cassette-corder with full function remote controller and programmable memory operation. built-in back-electret mike logic-controlled feather touch mechanism 2-motor tape transport coreless
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    • 59 1 SHIPPING TIMES HOW to overcome Inertia In organisations........ 2 PATRICIA Goh on free-lance writing CULTURAL highlights for next month DEVELOPING nations face uncertain fnture........................ 12 JAPANESE business failures on the ri5e..............................—... 12 TAIWAN restricts the import of Japanese t0y5........................... 12 CROSSWORD t, TV AND RADIO C, WHERE TO WINE AND
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    • 106 1 "T% SNGAPORF. business tdtt\FOß 1 k PEOPLE 7TV who MATTER Times Penochcais PuDicatior JAL has more flights toTokyo and the USA than any other airline. JS 4 N flu Relax in comfort on 16 flights a week to Tokyo 5 non-stop and 10 via other South East Asian cities (If
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  • MANAGEMENT
    • 739 2  -  II it is difficult enough for an individual to adjust to change what about an entire organisation? CHRISTOPHER LORENZ reports on a recent conference of managers and professionals on the management of change and how organisational inertia can be overcome. CHRISTOPHER LORENZ FT EVERY manager must
      FT  -  739 words
    • 605 2  -  By IAN MACDONALD AS companies are made up of people, it should not be too surprising if they display the same characteristics as people do. Nowhere is this more obvious than in the matter of setting objectives for future development. A small minority know exactly where
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    • 555 2  -  THE IHSfBE TRACK I THE CHIEF EXECUTIVE I 28/12/1980 A WYNNER TIS the season to be merry, to switch off momentarily from the demands of the office, to indulge in the wine, food and song of the year-end festive season. 'Tis also the traditional time for reflection and
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  • Page 2 Advertisements
    • 355 2 THREE MOKE UNTTELLERS NCWOPEN AT TMGUN SHOPPING CENTRE, CUEMENTITCM/N CENTRE AND SIGLfiP YOU NEED CASH AND THE BANKS ARE CLOSED. WHAT ARE YOU GONG TO DO? Use your Unicard. independence, day or night, if the banks are closed, you can still do your banking. which allows you to: Withdraw cash
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  • Page 3 Advertisements
    • 257 3 m r Sfii L UMW is changing its name to UMW An organisation thrives only as well as it serves people." Since 1917, this credo has guided our management philosophy and the way we conduct our business. Over 63 years we've built our import and distribution business into one of
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  • Page 4 Advertisements
    • 127 4 NOVEMBER 12 i B FOR TOMORROW. They ordered 60 Boeing 757 airliners. 7 57 >r* 757 7 57 757 75 7 75 7" 75 7' 75 7 br» 75 7 757 k--757 75 7 757' 75 7 757' 7? 7 >3* 75 7 7 57 75 7 757 75 7
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  • Page 5 Advertisements
    • 183 5 I i w i By selecting Pratt Whitney engines Delta will save 1 million dollars a year in fuel costs on each of the 60 Boeing 757s they ordered in November. r *4 m *7/ S* tpk m </ m m -v. ■ft o>rw 5 e •••*> m r St
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  • REVIEWS
    • 886 6  -  By PATRICIA GOH WHENEVER people ask me what I do for a living, I'm often tempted to say that it all depends on which day they ask me that question. On Mondays I write for Business Times; on Tuesdays I'm just an ordinary housewife;
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    • 423 6 JANUARY spells New Year resolutions for most conservatives, that is. Traditions linger. There are reunion dinners, Christmas greetings and before you know it when Chinese New Year comes, there'll be lots of quiet grumblings about ang-pows and the customary visits to relatives and friends. On the other
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    • 625 6 NYT JACK Cole, who had built Canada's largest bookstore chain on the philosophy that books can be sold the way soap is in supermarkets, is moving into the United States. Since 1973, Coles Book of which the 60-year-old, outspoken Cole is cofounder and
      NYT  -  625 words
  • Page 6 Advertisements
    • 341 6 ACQUIRE COMMERCIAL and PROFESSIONAL QUALIFICATIONS through Correspondence College LONDON Pitmans the oldest correspondence college in UK has since its foundation in 1840 been guiding, tutoring and leading students from all over the world to commercial and professional qualifications that have opened doors to successful careers. You too can now achieve
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  • Page 6 Miscellaneous
    • 437 6 LEISURE TIME CONCERTS AT THE Victoria Theatre tomorrow at Bpm is D&acescape, a concert presented by the Chinese Women's Association in aid of the Singapore* Cultural Foundation. Various art groups, including those from across the Causeway, have combined their talents for this show. They are the Havelock Ballet Group, Singapore
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    • 37 6 Bristow: Rank DicfcenS I GUK v rpvones CP\NJ speptf Tb one -fa»?p*iT OF SPMeS^ C€J2T(ft»Nef WiG'S !N POOL. I'LL PUT SO«J tubqu&H PbOL° me TpfiCWT .fu£p»SC BlO'iMG up My WMfeR >J\rtGs To Go IN Ty\£ DOE.P &ND
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    • 1441 6 irjKMßWioi Emma loses self-respect EXCEPT for the hi mIm MaAua Bevary at 1US pas mr Cbael I, programmes today are fatte the aew Mtdaa Bevary, Madam Bmry, whfteh replaces DtoraeH, b bawl m the elaadc at the mm title by Gastave Flaabert. Set ia the ltth eeatary, tt to the
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  • OVERSEAS
    • 275 7 Reuter ATTACKS made against the West during the Moscow visit of Polish Foreign Minister Jozef Czyrek were seen in Warsaw as part of an intensive campaign by Poland to reassure its eastern bloc allies. A generalised criticism of what the communist news agencies described
      Reuter  -  275 words
    • 164 7 AFP AIRLINES la the US made a neari Ims tUs year, bat their sltaatloa shoald Improve caaslderaMy is IMI. A study by the American Amdatlsa sf Air Carriers shewed that their leases amoaated to betweea US$l59 aad $2M milttsa sa a moaatlag taraever estimated at
      AFP  -  164 words
    • WORLD IN BRIEF
      • 411 7 Agencies THE Hongkong Commissioner of Trade Peter Tsao confirmed on Saturday that there would be no changes in the colony's quota arrangement for exports of textile products to the European Economic Community. He made the statement to remove confusion over a recent press report that the
        Agencies  -  411 words
    • 371 7 AFP THE COMING year will be one of economic growth for Hongkong although there will be some pitfalls, according to Hongkong business and financial leaders. The chairman of the Hongkong and Shanghai Banking Mr Michael Sand berg, said 1961 suggested that although
      AFP  -  371 words
    • 302 7 AP AMERICAN officials held nine hours of discussions with Algerian intermediaries in Washington last Saturday to determine whether Iran is willing to compromise on its demands for freeing the 52 American hostages. The meeting at the State Department ended with both sides agreeing to
      AP  -  302 words
    • 231 7 Reuter A DOZEN companies are interested in searching for oil and gas in Denmark's sector of the North Sea. The Danish government hopes this will accelerate exploration next year. Licences will be issued under new legislation in January, following a decision earlier this month to nationalise
      Reuter  -  231 words
    • 146 7 AFP FOUR companies, two each from Japan and Hongkong, will begin joint-venture operations in Penang soon. Two of the joint-venture agreements were signed in Japan and Hongkong during Chief Minister Lim Chong Eu's three-week foreign investment drive in the two countries. Disclosing this
      AFP  -  146 words
    • 748 7 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JFK SFO HKG MAS MH601 0630 KUL SLA SQ101 0815 KUL MAS MH605 0830 KUL MAS MH621 0835 PEN SIA SQ528 0710 DHA MAS MH671 0930 KUL AI AI410 0945 BOM MAA KUL SIA SQ211 1000 HLP"
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  • RAW MATERIALS
    • 463 7 Reuter BRAZIL has signed a contract to supply the Soviet Union with a total of 1.6 million tonnes of sugar for shipment between 1981 and 1965. The contract, one of a number of medium- and long-term deals signed or under discussion, involves
      Reuter  -  463 words
    • 247 7 FT. ZIMBABWE is heading for a record maize crop that could produce more than one million tonnes for export. Making this forecast, the president of the country's Commercial Farmers' Union, Mr David Spain, said that, after two years of drought that forced unprecedented
      FT.  -  247 words
    • 172 7 CHINESE Pradace Exchange, Singapore, closing prices per lit kg yesterday. Coeoait oil: Bulk fob $140.00 sellers, old drum (in second hand drum) fob $152.00 sellers, new drum fob $162.00 sellers. Copra: Mixed (loose) $77.00 buyers. Pepper: Muntok white pepper fob Asta NLW $422.50 sellers, Sarawak white pepper faq
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    • 366 7 MORE time was given to leisure than business last week and amid the festivity, the Singapore produce exchange was a rather neglected quarter. Trading for the most part of the week was dull, not unexpected owing to the number of holidays during the
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    • 618 7 FT OUTGOING President Carter, promised to make the United States "the breadbasket of the world", and President-elect Ronald Reagan has committed himself to further expanding agriculture exports. But is America's transportation system fit for the task? The question arises in the wake
      FT  -  618 words
    • MONEY AND EXCHANGE$
      • 173 7 THE SINGAPORE dollar last week began on a firmer undertone as the US unit continued its slide. The US dollar Singapore dollar rate opened for the week at 2.0980/00 in a nervous market where rate movements were greatly exaggerated by the thin trading. The US currency's weakened, despite
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      • 43 7 FOR THE week ended Saturday Dec 27, the range of call rates received from Short Deposits (M) Bhd was as follows: Bill fud: 2 per cent to 5 per cent. General find: 4.7 per cent. Mavemeats of funds totalled $714 million.
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      • 22 7 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.8 per cent.
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      • 132 7 THE KILOBAR market in Singapore on Saturday opened at 5541,000 and closed at $40,978, reports OCBC Bullion Trading was rather thin as dealers were still very much in the holiday mood and not many were aware that the Hongkong market was open. The high-low for the day was $40,035
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      • 307 7 Source: National Discount INTERBANK overnight rates in the week ended Dee 26 opened relatively easier at 10 to 12 per cent for most part of the week, but closed at a high level of 18 per cent on Friday to reflect the expected tightness of year-end cash withdrawals. In
        Source: National Discount  -  307 words

  • INTERNATIONAL STOCKS
    • 1158 8 NEW YORK THE NEW YORK stock market last Friday closed moderately higher in the lightest trading activity in more than two years as many investors took a long Christmas holiday weekend. Analysts said there was little feature to the market, although the recovery gathered some
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    • 456 8 PRICES wi the Tokyo stock market in the final session this year closed sharply higher after an easier opening with the market average rising 53.25 to 7,116.38 in active trading. Dealers said the year's high was 7,188.29 and the low 5,922.87. The Tokyo Stock Exchange index closed at
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    • 269 8 DEC 26 Fr» CORBEILLE Air-Liquide 532 B S N Gervais Danone 1064 -1 CSF (ThomsonCs«) 410 -3 Cte Francaise Ors Peiroles 280 1.8 Compagnie Financier* Compagnie General* 168 1 Credit Foncier De France 418 unch Hachette (Librairte) 340 unch Machines Bull 52-30 -07 Michelin (B) 661 •S Paribas 244
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    • 14 8 THE fellawtag markets were elaaed aa Friday Fraakfart, Branels, Miiaa, Amsterdam, Zariek, Tarao-
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  • Page 8 Advertisements
    • 156 8 J* If Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holiday-eves). For full details of the 50% DISCOUNT OFFER. call Apollo Sentosa Reservation Centre Tel: *****1 fExt. 140 141)
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    • 155 8 Where to wine, dine and entertain mbertud (S>rill For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday SIS 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $lb 10% serv ice charge 3% cess For reservations call 7'M<-)b77 J W (*> < »'l 111 l
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    • 222 8 Feast like an emperor at Chinatown 9b >£ i&r A I f>» (skr\ Ti bW "hi I ;i Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at The Chinatown, we serve Szechuan specialties Name your favourites Or ask for our recommendations
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    • 137 8 QGGGQ Inn Of Happiness Now open at the Hilton Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the Jbest 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. Ifil HH3ON INTERNATIONAL
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    • 117 8 J* ft a; The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear with "The Zodiac". Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome l a wxKpn rxtn Oxley Rise/Penang Road,
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  • MARKET REVIEWS
    • 754 9 i y m a THE Kuala Lumpur stock market continued to advance steadily last week as trading interest shifted more prominently towards lower-line industrial and financial stocks. Spurred on by the previous week's firmer closing and the favourable performances on the overseas markets, second and
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    • 400 9 Reuter TRADING m the Sydney share market brake «A far the Chrbtmu holiday «a a buoyant note last week with the All-Ordinaries index mm again challenging the ltd mark. Indication that U8 interest rates had Anally tamed the earner were given impetns when the
      Reuter  -  400 words
    • 1270 9  -  r— Lrol London By GERALD COLVERD PARTING is such sweet sorrow, for those whose emotions are enjoined with affection. But tears, for the departure of 1900 from the calendar of time, will be conspicuous by absence from the cheek and Jowl of British commmerce and
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    • 587 9 pj New York UPI THE NEW YORK stock market, presented with an early Christmas gift of declining interest rates, registered a big gain last holiday-shortened week in slow trading. The Dow Jones industrial average, which climbed 20.05 points the previous week, rose another 29.18
      UPI  -  587 words
    • 549 9 lb j AFP THE TOKYO stock market made a last-ditch attempt to achieve the traditional year-end rally last week, but failed to break a seven-week-old stalemate, finishing 1980 on a gloomy note amid worldwide tensions and fears of high interest rate in the US. On the whole,
      AFP  -  549 words
    • 244 9 THE SECURITIES Exchange of Thailand last week managed to steer clear from the throes of a price eresiea aad beaded farward as bargaia banting balls stepped in to pat the market oa the upward course midweek. The .absence of any large scale panic selling pins the
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    • 782 9 NYT IN SPITE OF the recent New York stock market decline, 1960 has clearly been a bullish period for stocks one that has rejuvenated investor demand for new issues and smashed all records for the sale of convertible debentures, those hybrid securities that combine certain
      NYT  -  782 words
    • 1125 10  -  11 Singapore By KOH TSE YING HOLIDAY fever may have been very mild last week but enthusiasm was certainly not lacking on the Singapore Stock Exchange. Although most of the regular traders probably devoted more time to pleasure than business, buying interest was still quite keen. Within
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    • 364 10  -  Week ended Dec 26 Compiled by JULIANA TAY OTHERS Harlman Investment's unaudited net tangible asset backing as at Nov 30 was $1.32 per share. General Securities Investments' unaudited consolidated net tangible asset backing per share as at Nov 30 was $2.04. M U I has
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    • 242 10 BAT A (Malaysia) Bhd: EOGM to be held at the theatrette, Malaysia Industrial Development and Finance Bhd (M.I.D.F.) at 195-A Jalan Pekeliling, Kuala Lumpur, today at 12 noon. MALAYSIA Rice Industries Berhad: EOGM to be held at the Conference Room, 1st Floor, Hotel Malaya, Jalan Cecil/Bandar, Kuala Lumpur
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    • 2759 10 1980 High Low Company Laat Sale orGr'i Div Div Cvr Gr"a Yid Net P/E Vol cooo) Week High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 300 MS 180 323* 125 352 745 406 610 245 220 116 138 203' 60 275 246* 187 285 Acma Alcorn Allied Choc
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  • Page 9 Advertisements
    • 120 9 APPOINTMENTS GENERAL MANAGER FOR INSURANCE COMPANY IN SURABAYA Our associated company in Surabaya, Indonesia requires an experienced and qualified General Manager to take charge of a newly acquired General Insurance Company. The candidate must have at least 5 years experience as Chief Executive of a general insurance company. Apply stating
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    • 21 9 Lr XL, V-' V x>° Distributed by FEDERAL PUBLICA 1 New Industrial Road, Singapore 19 A member of the Times Organisation
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  • Page 10 Advertisements
    • 61 10 This announcement appears as a matter of record only. December 1980 Malayan Tin Dredging (M) Berhad has acquired through merger the whole of the issued share capital of Southern Malayan Tin Dredging (M) Berhad, Southern Kinta Consolidated (M) Berhad, Lower Perak Tin Dredging Berhad, Bidor Malaya Tin Sendirian Berhad, and
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  • MONDAY SPORTS
    • 1413 11  -  CHARMAINE CHAN THE BUKIT Chermin course may have the reputation of being short and tight but Talib Haron seems to have control over it as he swept up his ninth consecutive Keppel Club Championship yesterday. This 37-year old Keppel Club golf secretary overcame
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    • 1590 11 ASIAN SPORTS ROUNDUP 1980 AP. ASIAN nations' boycott of the Moscow Olympic Games was the top sports news in this part of the world in 1980. Sixteen Asian countries, including Japan and China, refused to send athletes to the Games, Joining the United States
      AP.  -  1,590 words
    • 887 11 AP IT IS billed as the "Mini World Cup," a scaled-down version of the quadrennial clashes among the best national teams in soccer, and the only tournament between 1978 and 1982 involving both European and South American selections. Like the World Cup, it
      AP  -  887 words
    • 116 11 AFP HONGKONG held Narth Karea to a 2-2 draw la the Warid Cap Asiaa Zaae Grasp Fear qaallfyiag raaad la Ike British calaay yesterday, thereby eliminating {Hagapare fr*m the tearaameat. A capacity crawd of 28JM at the Geverameat Stadiam watched the heme Me came back tram a deficit
      AFP  -  116 words
    • 192 11 UPI ARGENTINA'S Jose-Luis Clerc yesterday became the fifth seeded player to crash before the third round of the U*****,000 Marlboro Australian Open tennis titles. The number-3 seeded Clerc had no answer in a brilliant grass court game with former title holder Australian Mark
      UPI  -  192 words
  • Page 11 Advertisements
    • 260 11 f. m ji Loose Leaf Accounting Systems And Analysis Pads fNational Make Your accounting records perfect, economical and affordable. Why should you pay $200.00 for a general ledger when you need to pay only $75.00 for NATIONAL" and yet enjoy extra benefits like: a) Accounting forms printed in special eye
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    • 30 11 V y r N o Iyou can reach us on *****89 NedNoyd EAC agencies pta. Ltd. Nedlloyd House, 1 Finlayson Green, Singapore 0104. Agents for: Nedlloyd Lines and Scan Dutch
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  • 335 12 CHRYSLER will not permit its Japanese partner, Mitsubishi Motors, to establish its own US sales network for cars and trucks now sold under Chrysler nameplates, a Chrysler spokesman said. Mr Wendell Larsen, Chrysler's vice president for public affairs, said this in response to
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  • 493 12 AFP JAPAN'S economy is being troubled by an alarming number of bankruptcies among small and mediumsized companies which form the backbone of the nation's phenomenal postwar economic growth. There were 1,631 business failures last month, with combined debts of 255 billion yen (US$l.2 billion.) Tokyo
    AFP  -  493 words
  • 225 12 AP THE European Economic Community has devised a detailed list of options for its Middle East peace initiative, including turning Jerusalem into an international city, a staged withdrawal of Israelis from contested territories and a new international peacekeeping force. The Belgian daily newspaper,
    AP  -  225 words
  • 115 12 AP VIETNAM hopes to increase the values of its agricultural output by 6 per cent and its industrial output by 2.3 per cent next year. The Vietnam News Agency said last Saturday that these targets were incorporated in the 1961 state plan passed by the National
    AP  -  115 words
  • 155 12 UPI TAIWAN has imposed import restrictions on 186 types of Japanese toys for the first time in a bid to balance its trade deficit with Japan. The restrictions, announced last Friday, were effective immediately, officials said. The Board of Foreign Trade said Taiwan suffered
    UPI  -  155 words
  • 659 12 AFP FURTHER difficulties and strains have built up this year (or developing nations, both politically and economically, and prospects for 1961 are highly uncertain. With most Third World nations grappling with rising oil prices and recession in the West, the Soviet invasion of Afghanistan renewed
    AFP  -  659 words
  • Page 12 Advertisements
    • 182 12 Private Limited Companies READY-MADE FOR SALE IfWU) »1 II iTTltl Please Call *****26/7 Singapore Secretarial Services Co. (Pte.) Room 1101,11 th Floor, Golden Mile Tower, Beach Road Singapore 0719 Management Secretarial Services Sdn. Bhd. Tel: *****0 50-C Jalan Bukit Bin tang Kuala Lumpur [NOTICES GOOD OPPORTUNITY FOR GRAIN EXPORTERS TO
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    • 208 12 m 2K w. ?=>«i 0 ft ?r t! v 4 &0 3S«S Sight A y We've clubbed together to make London cheaper. Only British Airways can offer you this exciting new package. C_ W~~All you have to do is fly with us to London and enjoy the rather LQ|V|Q(I distinctive
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  • Page 12 Miscellaneous
    • 66 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Partly cloudy and breezy with showers in few places. Report (or 24 hoars prior to 7Jt p.m. on December 28 at the airport. Maximum temperature 31.1 Associated humidity 68 Minimum temperature 23.5 Associated humidity 94 Hours of sunshine 8.65 Rainfall
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  • SHIPPING TIMES
    • 189 13 AP THE owner of a Philippineregistered ship which ran aground off Kota Kinabalu, East Malaysia early this month returned with a salvage team only to find the vessel looted. The 272-ton Sharqui 747, carrying about US$l million worth of cargo, was on its way
      AP  -  189 words
    • 576 13  -  By JAN LEE CHILE'S national shipping line, Compania Chilena de Navegacion Interoceanica (CCNI) will start an independent direct semi-contain-er service between Chile and Singapore in February. CCNI will operate from the South American ports of Iquique, Antofagasta, Coquimbo, Valparaiso and Talcahuano to Cape
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    • PORTSIDES
      • 55 13 Reuter LOADING and unloading operations at Calcutta port have been halted since Dec 24 when Indian port workers went on strike, a port official said. The workers went on hunger strike and stopped work to demand compensation for the family of a colleague who died on
        Reuter  -  55 words
      • 134 13 UPI TWO tankers one of them carrying 6.5 million gallons of home heating oil collided on Saturday night on the Mississippi River near New Orleans. The US Coast Guard said no injuries were reported and there was no pollution. The collision occurred in clear weather about 6 pm
        UPI  -  134 words
      • 79 13 Reuter WAERTSILAE OY of Finland said the Soviet Union has ordered seven shallow draught river icebreakers worth some 700 million markka for delivery in 1983-84. The ships, incorporating new Finnish and Soviet expertise, draw only 2.5 metres of water and are able to operate at minus 50
        Reuter  -  79 words
    • 702 13 Skipptag Liar P»«e Cat Sklppiag Liae Pa«e Cal Adriatic AfM Afro-Eurasia All trans A1|mc Angkulan Anhsing ANL AntolJ APL Achipelego Argentine ASCL Asean Ocean Asia Merchant Bangladesh Bank Line Banner BBS Ben Line Ben Ocean Ben Asia Ben bulk Bienley Blue Diamond Blue Funnel Blue Star Burmese
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    • 864 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Llveipool Bay 47/512 28.1260 1100 Mansfield 49/50 vc Eleo Maersk 6 28.12.80 0700 Maersk 51 TT Kai Maru 1 28.12.80 0730
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    • 1397 14 ALL sectors of the freight market saw very quiet chartering on Wednesday prior to the Christmas holiday, brokers said. Rates for North American grain bookings continued to edge lower with U5542.50 fio paid for business from the US Gulf to Egypt, while $39 fio was agreed on the
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    • 415 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Botany Treasure (Tanker) (after Botany Trust D/L k T/L) 35/36 Gushan (after Albadr) 40/41 Golden Wonder (after Jurata) 8 Kota Singa (after Jurata) 9 Kota Molek (0530 hauls 30m West after Jurata sails) 10/ 11 Maju Jaya (Tanker) (after Jurata sails k
      415 words
    • 100 15 AP HYUNDAI Heavy Industries Co has received a US$65 million order from Canadian Pacific Ltd for two 60,000 deadweight bulk carriers for delivery by January 1983, the South Korean Shipbuilder announced. This brought the total of foreign ship orders received by Hyundai this year to 21
      AP  -  100 words
    • 38 15 Reuter THE bunker surcharge on shipments to the east and west coast ports of the US will be raised to US$l4 and $12 per revenue ton, effective January 1, the shipping conference covering this trade announced.
      Reuter  -  38 words
    • 502 15 AP THE Chinese have recovered the remains of some 300 dead and more than 600 pieces of personal belongings from the Japanese ship, A wa Maru, which was torpedoed by a US submarine in April, 1945. Beijing's official Xinhua News Agency said the
      AP  -  502 words
    • 832 15 THERE may be a fierce war raging over the next sand dune, but for most merchants and traders in the Persian Gulf it is still business as usual. "People in Kuwait went on alert for the first few days of the Iran-Iraq
      832 words
    • 1035 19 SCHEDULE 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 Singapore. Advance dates are published at a maximum of three'weeks. PN Ship
      1,035 words
    • 690 20 THE Asean trade is active with many known fixtures being done at reasonable rates. Congestion and administrative changes are causing additional expenses in the Indonesian ports of Belawan, Batam and Balikpapan. However, in the international market shipowners are discounting ocean freight rates in order to obtained employment for
      690 words
    • 585 20 THE growing efficiency of the world's bulk fleet is underlined in a new study published by Norwegian shipping specialist Fearnley A/S. The fleet still has some way to go, however, before matching the peak levels of utilisation of a decade ago. Fearnley's analysis
      585 words
    • 442 20 Reuter/AP SEVEN seamen were confirmed dead and another three were missing after a Philippine-registered cargo ship sank in rough seas off the coast of southern Luzon some 400 km south-east of Manila on Dec 21, the vessel's owners said. Twenty-one crewmen from the 3,023-ton Eastern Clipper were
      Reuter/AP  -  442 words
    • 159 20 UPI BUFFETED by strong winds, a 9,800-ton Liberianregistered freighter cracked and bent at midship near Kobe last Saturday, Japanese Maritime Safety officials said. No injuries were reported among the 29-man all-Filipi-no crew of the World Fuji, but the vessel sank about one metre and a salvage operation
      UPI  -  159 words
  • Page 13 Advertisements
    • 323 13 Europe Our Next Loader Port Kelang: ±L Singapore: For further details, see page V <sft* AR I) 1\ I \\l A H r Orient Overseas Co*dci*\eA Line FULLY CONTAMERISED SERVICE TO EUROPE (VIA SUEZ) SERVICE FROM nr.* KOREAN lACEWON lOC i 771 Su OJI TO/FROM NORTH AMERICA WEST COAST SPOK'
      323 words
    • 294 13 USEALORDS UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES j S'pore I Loading for contawerv breakbulk AL SALIMIAH 31/12 V.31 AL YAMAMAH 3/1 y 19 AL FATEH 6/1 v.21 IBN RUSHD 30/1 I 3 Mina Qaboos (14/1). Kuwait (20/1). containers break bulk Dubai (16/1). Damman (18/1) Kuwait
      294 words
    • 1 13 .1
      1 words
    • 649 13 Australia Our Next Loader Port Kelang: !ZJ Singapore: For further details, see page V MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC. GULF, ATLANTIC, EAST CANADA, ASIAN PORTS fi £sZ*e Hil* mm. SWGAPORE CtOS*G TMES CY 28th DEC 1500 HRS CFS 27th DEC 2400 HRS TO: BELGIUM, HOLLAND,
      649 words

  • Page 14 Advertisements
    • 929 14 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 !v Mm Accepting Far 1) Barcelona. Genoa. 2) Amsterdam, Antwerp. L Ha»re, Bilbao Baste. UK 3) Bremen. Bremenhaven Aarhus Copenhagen. Helsinki 4) Mai
      929 words
    • 337 14 815 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA PI K4m| kti 3/1 1/1 •27/12 •11/1 fSTOtfl CM Ha Ink CM Vwmt N M Ma St Ma II Ort. IMa 1-2/1 25/2 3/3 0/3 7/3 9/3 11/3 12/3 13/3 14/3 21/3 24/3 4-5/1 31/1 t/2 «/2 9/2
      337 words

  • Page 15 Advertisements
    • 669 15 MERLION SHIPPING agency PRESENTS THE NEW FULLY CONTAINERISED SERVICE FROM SINGAPORE TO NEW ZEALAND By BLUE STAR LINE LTD. Service will be operated by two fully cellular ships M.V. AUSTRALIA STAR (BUILT 1978) M.V. NEW ZEALAND STAR (BUILT 1979) Transit time from Singapore to Ist. NZ Port 12 Days. CARGO
      669 words
    • 613 15 rfo Franco Belgian Services "JB* (f,ir Fast Frf ich Service with Belgian bar Eastern Lines) Of ACE CONSORTIUM K C.M.C.R. f A= EAST FRENCH Sfßv/ICE i M»f»i">• D»*. «•>. o< MED CLUBi S port P Mine B lona M scales Genoa Tnesle MONT BLANC MM SaM toPwt 14 tan It
      613 words

  • Page 16 Advertisements
    • 731 16 rHapag-Uoyd TO WORTH EUROPE TO tOtTERRAMEA Chelator 0* Bos 9/1 U/l TO NORTH EUKOfC/MEMTEWmg* 25/1 27/1 28/1 30/1 3/2 5/2 6/2 8/2 12/2 14/2 15/2 17/2 19/2 21/2 22/2 24/2 24/2 26/2 26/2 28/2 1/3 3/3 m r 20/12 22/12 Sf* 1 3/1 5/1 8/1 9/1 U/l »n 26/1 S
      731 words
    • 632 16 T I LINE. KOREA SHimNO CORPN P. Keianc POMNG STORE GAISSW Mian SI 28-31 Dec 5/8 ian SI FROM BUSAf BANGKOK VEGA 156E 1-4 Jan SI 28-31 Dec 5/8 Jan 81 TO BUSAN ALTAR 159W 7-11/1 12-15/1 16-19 ian 81 FROM BUSAft ALT AIR 160CM1/1 16-19 ian 81 FROM BUSAK
      632 words
    • 486 16 EVERGREEN LINE I FAR [AST EUROPE EXPRESS FULL CONTAINER SERVICE n EUROPE FAR EAST EXPRESS FULL CONTAINER SERVICE FAR EAST/MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE MEDITERRANEAN SEA/FAR EAST EXPRESS FULL CONTAINER SERVICE S'pn Hm| K«| Ma Trty* Nun >Mta| uaif 31/12 2/1 11/1 t/1 12/1 4/1 10/1 m 0/01 11/11
      486 words
    • 787 16 "ARGENTINE NATIONAL LINE" LOAOMC FOB DURBAN MONTTNDEO BIOOS ABES Spore 30/31 Jan Transport »aon Mjrrtim* Mcxicana S. A. "MEXICAN NATIONAL LINE" FAfi EAST/MEXICO I CENTRAL AMEWCA SERVICE "on TIM ttroufh B9 of Ladng LOAOMC FOR [KStNAOA MMUAMLLO. ACAPU.CO. ACAJUTIA. COWTO SAN JOSt. PUNTA«NAS (COSTA MCA) COATZACOALCOS. KRACKtf AND TAkWCO WI7W
      787 words
    • 540 16 mo.s.E OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE P. KaiMf 9/10 Jan SYO MEL. ADEL JAPAN/STRAITS SERVICE CORAL AGENTS comma boouk ocean swpmc stok m *****44/7 imal-s contucr t ko.uk tel (347. nun SUB ttETCTS P. KELANG EAST ASM SHPTWC TEL 3M732/3/7251 POMNS MALArSM TRAOE A TRANSPORT TEX
      540 words

  • Page 17 Advertisements
    • 922 17 L. W PIL GROUP EAST AFRICA/REDSEA SERVICE A Stngapoc* P.Kttong Pwtaofl Loading tor KOTA MOLEK 25/30 0«c D*hml»«i, Mombwi, KOTA TtMUR 20/25 J«n J*dd«h. Hodwdah. Mogadiscio Aqibt "cAHAYA 20/25 J* KOTA TANJONG 4/7 Jan KOTA MELUR 10/15 Jan Aasab. Jaddah, Pert Sudan. Hodaidah Singapore PK«iang KOTA FAJAR 2/7 Jan KOTA
      922 words
    • 914 17 rnr* BEN LINE CONTAINERS io tarn ssa b*T Ftaadiwt Eiprtts ImpNM Larp Bay Ksataan Bay P—nt/E—pt EXPRESS CONTJUPO SERVICE TO/FROM EUROfE H BURG B'HAYEN ROAM HAVRE SOT ON S port r Mar* WGtnwnyf AsUnaAatasrp Franct MUK bM MPwt U/l a/1 23/1 a/1 U/l VI VI 2Vi vn a/1 n/1 U/l
      914 words
    • 549 17 w ?l ill Scan Dutch 9 Nedlloyd Hoorn the last Scan Dutch vessel for the year loading Singapore 31st Dec. 19S0. V 4 J 5: i i f T J u m «r»»4)rtoi s>m tmmrni V ms gj 5 K< g Pltiant Piwi fnitt ftede< imu z/i "Mi I KNKA
      549 words
    • 659 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNON I SOUTH AFRICA SHIRRA BANK SINGAPORE 13/1 Reunion 22/1 Durban 30/1 Capetown 2/2 Ft Eliz 5/2 (also accepting East London and Maputo cargo) i\'i Lukes Linos US. WEST COAST SERVICE Übict Iron SFO Ibcti SPOtt LESUE LYKES Sid Sid 9/1 ASHLEY LYKES S/l
      659 words

  • Page 18 Advertisements
    • 1004 18 X* "K line KAWASAKI KISEN KAISHA. LTD. I EXPRESS CONTAINER SERVICES TO NORTH AMERICA no moamas* n v motto wssas w la s m UtaiM 4/1 1/1 Padfcfcnw 22/1 1/2 Htfjkj Mm 23/1 1/2 YaNNna Mm 24/1 19/2 Star? Act MM f/1 11/1 (itta Mm 27/1 S/2 UmMMP 27/1 5/2
      1,004 words
    • 464 18 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER SERVICE i>*a kr us wma ski iraoco. nnu. iww imcwo. u. w mm ci*m AUSTRALIA EXPRESS CONTAINER SERVICE Acupfat ra/ra. Cmtmm NEW ZEALAND SERVICE hr mom irnunm kluktor mum Act*** fa.lfVL Caatahm Pen** P *»»H S-ntapore 201 m JAPAN SERVICE INDIA SERVICE 23/8 lan
      464 words
    • 583 18 roup SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0)04 MARKETING *****2 <3 LINESI GENERAL *****1 il4 lINES TERMINAL OFFICE *****83 TELEX RS RS 2SS6B A B CARSMIP CABLE CARGOSMIP ||MI jlli "111 l'e«|ional I Container Lines WEEKLY CONTAINER SERVICE to/trom BANGKOK SISGAPORE ISLANDS USE MIDDLE EAST REGULAR
      583 words
    • 605 18 KORINS MARITIME SERVICES Room 601. ICB Building. Shenton Way Singapore Tel 22 1 6322 i *****6" PTF i rn MIDDLE EAST/RED SEA/EUROPE SERVICES P. KELANG LOMMN6 FOR: MM/A^aha X'.SAM ICK Lll\t§ m«TiBe( oi me h Gmup oi Conpan*s UNER SERVICE FROM KOREA TAIWAN HONG KONG TO SINGAPORE fadm Bmud Hilton
      605 words
    • 612 18 INTRASEA (PTE) LTD. Faber House 234E Orchard Roaa Singapore 9 Telephone *****11'*****57 S'par* P. Katang Sated MPwt laadag At BOULOGK/RIMM/ UK (AVON) Agaats S«i( apart VHKASA (PTE) LID 2352(11 BOOKME *****57 KLMpv- VEO SHfftK TRADMG 400(44, *****2. 400(71 M MTER OVERSEAS MAMTME SON M 3(5054. *****/2 53 ALP AC LINE
      612 words

  • Page 19 Advertisements
    • 822 19 TO EUROPE/UK (VIA SUEZ): C. PAUL 2SW+ TW BRDGE C. ROZE 23W K JACEWON 11N. MERCATOR 2111... k. jacejm nv 0. CHEF 23W+ S'pore 2/1 9/1 14/1 20/1 25/1 30/1 3/2 Also accepting cargo to/from Scandinavia +C. PAUL S'pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ): K.
      822 words
    • 314 19 EGYPTIAN" INTERNATIONAL LINE (EIL> EGYPTIAN FLAG DRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STOK PI SUB PT SAD ALEXANDRIA SPHNXU lan 15 FA 1 FA 4 Fab I Carp Boofcrci Ptaase Ptone *****43 MARTRANS CARGO PLEASE COMTACT SCHENKER SINGAPORE TEL *****11 DIRECT UNE SERVICE FROM EGYPT PTKAMDS U NLEU
      314 words
    • 348 19 I OCEAN LINES] OCEAN DMMON) V.IONB REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE S pore P Ke4anj Penanf loading tor: Omit Port SaM/LinasMl/Aleiandria PVaeus/Berut/Rijefca 15 l*i -do OWNED VESSELS n SAGASIA PTE LTD. (LOCHS OftEVFUS GROUP Of COMPANIESI zmxv> <s u*n) mix *s 2«m stsos f ROME rso SMTftft SDK
      348 words
    • 378 19 WORLD LINF EXPRESS REGULAR SERVICES JAPAN/HONGKONG/STRAITS V EBBEL STORE P.KELANG OLDFAIR L-15 Jon. 1/2 Jon. 3/4 SILVER LAKE L-70 Jon. 9/10 Jon. 11/12 BASCA L-60 Jon. 10/11 Jon. 12/13 CATTLEYA L-ll Jon. 29/30 Jon. 31/ Feb. 1 Si«ap*t Gen Afent NTfON UflttSS (S) PTE LTD.. 051. Mi ft. World Trade
      378 words

  • Page 20 Advertisements
    • 293 20 MALDIVE LINES ETA KUANTAN ETA PORT KELANG MALDIVE MAGE Loading For Jeddah/D|ibouti MALDIVE LOYALTY Loading for Kuwait MALDIVE SEAFARER Loading for ieddah MALDIVE PIONEER Loading For Jeddah MALDIVE MPORTER Loading For Male FOR BOOKV46S I ENQURES PLEASE CONTACT: SMGAPORE PORT KELAMG PANOCEAN NAVIGATION I TRADMG OMENTAL SHPPMG CORPORATION CO (PTE)
      293 words
    • 386 20 WEEKLY SERVICE TO MALE GLOBE LINE LTD Weekly Service to Male, Maldive Islands via Colombo SPORECOLOMBO MALE ETD ETA ETD ETA Globe v. 6 30/12 4/1 9/1 ms "SUNE S" v. 6 12/1 Globe v. 7 5/1 13/1 16/1 ms "SUNE S." 7 19/1 Globe v. 8 12/1 18/1 23/1
      386 words
    • 218 20 NOTAS LINE Regular Express Services. Af*nu SPO« NOUS Pit ITO Til ,'9«98«4 S l,n«i Tl» r 33 W p* mahmood mm t sons son bhc m js/6n m m mis P Oudinj SHAPADU MOItHNG SON BHO 111 66M.1 Tl i Ml ***** PfNANG STRAITS OWN! SHIPP (NT SDN BHO Tfl
      218 words
    • 367 20 EVERETT STEAMSHIP CORPORATION S/A "Murraveverett" Voy. 57-W Arrd: 20th December 1980 Place of Survey: P.S.A. Gdn. 15 General Survey on damaged cargo discharged ex the above vessel will be held on 29th December 1980 from 8 30 a m No further survey will be held after this date. m.v. 'THAISAMITN
      367 words
    • 313 20 M.V. HAI TUNG arrived 15.12.80 at PSA GODOWN 40/41 General survey on damaged cargo discharged ex the above vessel will be held on Tuesday 30th December 1980 as from 9.00 a.m. to 12 noon. No further survey will be held after this date. STKONGWILL ENTERPRISE (PTE) LTD As General Agents
      313 words
  • Page 20 Miscellaneous
    • 156 20 i Regional Weather a y s r^v 5s P >2 ft li IK Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7J30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain Goudy Sky Wave height Surface
      156 words