The Business Times, 6 January 1981

Microfilm: NL10893
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, JANUARY I,l*l 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Dollar under pressure
      67 1 Reuter LONDON, Man. The dollar began the first full week of trading this year under pressure, falling below 200 yen for the first time in nine months and sagging against other major currencies. Dealers had expected the dollar to weaken early in the new year in line
      Reuter  -  67 words
    • Article
      Improved listing manual
      59 1 KUALA LUMPUR, Mon. The Kuala Lumpur Stock Exchange (KLSE) plans to improve its existing listing manual to allow for more stringent requirements to prevent insider trading and market manipulation. KLSE chairman, Mr Noone Aziz bin Tengku Mahamood, said he had already recommended to the exchange committee to
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    • Article
      Lock icon Guerilla demands rejected
      71 1 Reuter ROME, Mon. The Italian government today rejected demands by the Red Brigade's captors of a kidnapped judge for a nationwide airing of the views of their jailed comrades which might save him from a guerilla death sentence. The violent far-left extremists said in a statement last
      Reuter  -  71 words
    • Article
      Lock icon TV advertising ban
      68 1 UPI JAKARTA, Mon. President Suharto today said commercial advertising on Indonesia's only television station will be banned with effect from April 1. He said commercial advertising is neither in the national interest nor aimed at developing culture. There is only one television station in Indonesia and it
      UPI  -  68 words
    • Article
      Lock icon Miners on strike
      60 1 Reuter MANILA, Mon. About 6,500 men employed by Benguet Corporation at four gold mines in the northern Philippines went on strike today over pay. Strikes in such designated vital industries are normally prohibited under martial law rule, but government officials said the Benguet management would normally have
      Reuter  -  60 words
    • Article
      CPM head surrenders
      78 1 KUAfla* t.itmpttt? Mrta Home Affairs Minister Tan Sri GtiHfcM Shafie today announced the surrender of Musa bin Ahmad, chairman of the Communist Party of Malaya (CPM), and his wife, Zainab binte Mahmud, a former district committee member. In a statement issued here, the minister said they surrendered
      78 words
    • Article
      Lock icon Guarantees unacceptable
      75 1 AFP TEHERAN, Mon. The United States has failed to give acceptable financial guarantees to secure the release of the 52 Teheran Embassy hostages, a leading member of Iran's ruling Islamic Republican Party said today. Mr Hassan Ayat said the problem of the hostages would take "a long time
      AFP  -  75 words
  • Article
    Chief Price Changes
    124 1 Rises Ku*. a«« m MO »M iMk Skip* art MO ♦a 1 C M "tx S«« Vk» Uu SOS M N»U 234 Vv«*10 *33 P.*1 Mala Bl lM< 1100 810 »SD MIm 290 ►S> Falls fCM 310 A P 1 JM -K) V M rk>«r MO a
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  • Article, Illustration
    KUALA LUMPUR
    159 1 Falls C Prop 3 SB OrwwfcaJ 4J» -JO Duuiop tod t® -JO M Cement -JO MO toO 14JB .20 Rah mar Hyd 15.0» -JJ iii -1« RiMt Kg Lanjoi L« JO Bovta Sea ttr *JI TtmmA UJO -Jl lad Oiiyi i i* X-.ll M Oedii Mi "U Ot)
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  • Article
    EDB hangs more carrots for R&D
    632 1  -  EXTENSION OF TAX HOLIDAYS By FONG MEW LENG THE Government has announced a double boost to promote research and development (RAD). It has doubled the budget for the Product Development Assistance Scheme (PDAS) which is aimed at promoting RAD in smaller companies to $2
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  • Article
    Two insurance brokers merge
    249 1 TWO Singapore insurance brokers, Sedgwick Forbes and Standard Chartered Insurance Brokers (S), have merged to form a new company. The company, Sedgwick fiprtcred (Singapore), It. chaired by Mr C. W.G. Endacott. The managing director is Mr Tom Burley, formerly chief executive of Sedgwick Forbes. The formation
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  • Article
    Composition of new Cabinet
    456 1  -  By LEE YOKE MENG NO FRESH faces appeared in yesterday's official announcement of the new Cabinet line-up. Four ministers Dr Toh rhin Chye, Mr Tim Kim San, Mr Jek Yeun Thong and Mr Othman Wok have stepped down (bough they are expected to remain in either
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  • Article
    Aggressive drive by YHS
    336 1 SOFTDRINK manufacturer Yeo Hiap Seng is launching an aggressive promotion in Hongkong this year. It has drawn up a programme which is even more ambitious than the HK$3 million programme of the colony's premier hotel, the Regent Hotel. The reason for such optimism is the fast
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  • Article
    European Asian Bank branch bypasses S'pore
    223 1 THE taeal knad af i Ewy baak baa tar the drat time bypaaaed the AMu daitar a—Umg rate eertHleatee «C depart market ud gaae to L» Oa Dee 11, the Stag»p*rr kruck af Earapeaa aiilllaa la FBCDa tram Laadaa, pegged at V* per eeat
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  • Article
    Contractors urged to join association
    460 1  -  By FOO CHOY PENG THE SINGAPORE Contractors Association will invite 200 contractors this week to become members. The association aims to bring more contractors under its wing so that safety and health regulations at work sites can be carried out more effectively. Currently, the association
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      4 1 FOR PEOPLE WHO MATTER
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      Page 1 Advertisements Column 2
      130 1 ASIA RESEARCH BULLETIN js-4 sw This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in aN important sectors of the economiee of countries in East and Southeast Asia The Bulletin is divided into six separate reports of about 8,000 words each. There is
      130 words
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      Page 1 Advertisements Column 3
      67 1 'mm SHIPPING TIMES WHY grasp M bMIMMM li WHY HE Laai to etomly watofc▼tojttf Fr—ce t cdtoftaMnlto f SUHARTO mmd i hili>Md WHICH m to the atoek badge* tor lStt/tt S kei >nto|t U US temmmy a* ttkety to Ira- CHINA'S fea lur fllcy to aaprave... f efcaagerf It CBOBBWOKD
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      Page 1 Advertisements Column 4
      88 1 i f i i I*l» Key Personnel, Agencies I »ii:«-K Of {Singapore (Buku Merah) J |*`%)>)\%';$~'+}_}`)<@^?(,>|()~ Leader... page f The reduction copier built on forward engineering. The Ricoh DTIBOOR •Clear, crisp copies, even half-tones. j RICOH The world's #1 copter. Success unduolicatod 1 You save in cost and storage space!
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  • TRADE AND INDUSTRY
    • Article
      Businessmen to visit France
      396 2  -  By HSUNG BEE HWA A GROUP of local businessmen will leave for France in early March for a nineday trade visit. The delegation, the first to be organised by the French Embassy, will comprise entrepreneurs in the food and beverage industry as well as those dealing
      396 words
    • Article, Illustration
      Hotel industry exhibition
      164 2 SINGAPORE will be the venue for a comprehensive exhibition for the hotel industry in November. The exhibition, Hotelex 81, will provide insights into developments in the industry over the years. Henk Barkmeyer, managing director of Eurotech, organiser of the exhibition, says Hotelex 81 will bring together technology
      164 words
    • Article, Illustration
      Travel industry forum mooted
      247 2 THE Singapore Tourist Promotion Board and the private sector of the travel industry should organise a forum to examine the challenges facing the industry and to review strategies. This was the suggestion of the chairman of the Singapore Hotel Association, S C Huang. The private sector
      247 words
    • Article
      BAKER MARINE'S RED LETTER DAY
      403 2 BAKER Marine's $10 million factory in Jurong will be officially opened on Sunday. The Singapore company, a wholly-owned subsidiary of the US-based Baker Marine Corporation, manufactures oil rig jacking units, cranes and mooring winches. The Singapore factory is the parent company's first factory outside the
      403 words
    • Article, Illustration
      Foxboro looking abroad
      109 2 JUST four years after setting up headquarters in Singapore, Foxboro Far East is shipping complete process control systems to China, the Philippines, Thailand, Saudi Arabia, Bangladesh and Indonesia. The local content of both the hardware and software exceeds 50 per cent. Foxboro is now preparing to export
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    • Article, Illustration
      PEOPLE IN BUSINESS
      120 2 PHOENIX Assurance has appointed Peter Ling R»k. Staag administration man* ager. Zt Mr Ling holds a bachelor of commerce and adminis- tration degree from VictO;, ria University of Welling- ton. He is a chartered accountant from the New Zealand Society o£ Accountants and is a menu her
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  • Page 2 Advertisements
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      265 2 THE LARGEST-SELLING CHAM-SAW IN THE WORLO/ *l &SK* < f t*CTO*r *C**CS£MTA7m FOm SOUTh east AStA STTHL(S.EA.)PTE LTD Unit 1003, 10th Floor, Tan Boon Liat Building, Outram Road, Singapore 0316. Tel: *****47 (3 Lines) Cable: STIHLSEA Telex: RS ***** Pure exhilaration. Saab 900 Turbo. From the moment you settle behind
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    714 3 ARRIVALS Service Local Operator Niaber Tnc Froa GIA GAB9 MAS MH672 SIA > 9Q166 PAL Ron SLL 9Q240 MAS MH607 Gtt GA982 SIA SQU SIA SQ201 GU GA944 MAS MH681 sas.. son THAI TGCL3 SU SQ107 GU GA9Q0 MAS MHG82 SWR SR162 SU SQl cal cum SU.
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  • REGIONAL
    • Article
      Moves to facilitate complementation
      448 3 SEVERAL changes in approach and procedure have been proposed by the Asean Automotive Federation (AAF) to facilitate the implementation of the first and second packages of the automotive complementation projects. The AAF has painted out that the companies involved in the implementation of the first package
      448 words
    • Article
      Lock icon Thais to protest against Vietnamese incursion
      349 3 UPI 1 I TffltP THAILAND will issue a strong protest against Vietnam at the United Nations condemning Hanoi's second cross-border incursion in six months. Thai foreign ministry officials said yesterday. "Saturday's incursion is an obvious violation of Thai territory," a foreign ministry spokesman said.
      UPI  -  349 words
    • Article
      Lock icon Thai and Hanoi patrols clash
      183 3 Reuter A CLASH lutween Thai and Vietnamese troops close to the Kampuchean border early last Saturday appeared to have involved patrol units of the two sides, a Thai military yfcesman said yesterday. Two Thai soldiers were tilled in the clash about TOO metres lis"* Thai
      Reuter  -  183 words
    • Article
      Lock icon Isuzu engines for GM S-car
      94 3 AP ISUZU Motors of Japan is likely to supply these 1 engines for General Motors' "S-car," Its planned mini-car entry in the "world car" series. The Nlboo KetaU Shimbun, a leading economic daily, yesterday said Isuzu, which Is 34.2 per cent-owned by GM, will send
      AP  -  94 words
    • Article
      Lock icon Suharto presents balanced budget for 1981-82
      521 3 Reuter PRESIDENT Suharto of Indonesia yesterday introduced a balanced budget for the 1981-82 ftnanrial year, with an increase in government spending of 3L7 per cent and a pledge to keep domestic fuel prices at current levels despite ail price rises. The fuel price pledge
      Reuter  -  521 words
    • Article
      Lock icon CALL FOR RESTRAINT
      270 3 AFP PRESIDENT Suharto has called on Indonesia's leaders to refrain from actions that could inflame people's emotion and cause damages. The president, who was delivering yesterday the draft budget for the *****2 fiscal year, was touching for the first time on the recent anti-Chinese riots in central
      AFP  -  270 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      267 3 ThelJlthmteDiwierlwiMion! Surprise Gourmet Menu. a m a jr L'lu^t 59 o m t; •ft S8 M •3 at itov* £2? ?0 sea a «a i as 5> t H Sflfc ?v »> 6 s Vai! as "J 2! *3i vo' S3 £3/6 m *.'g± a SR 0. m ry m
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      Page 3 Advertisements Column 2
      261 3 THIS GOULD BE YOU IN A CLUB MED SKI RESORTTHE TOTAL FREEDOM' WINTER HOLIDAY My first ski ing lesson of the trip. It's terrific we get four hours of instruction a day included in the holiday price. The instructors are all certified by the world-famous French Mational Ski School, too.
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  • RAW MATERIALS
    • Article
      Lock icon Tin agreement likely to be concluded in March
      608 4 AFP Reuter THE MALAYSIAN Minister of Primary Industries is confident that the Sixth International Tin Agreement will be concluded in March when negotiations resume in Geneva. The minister, Datuk Paul Leong, said the US, which had insisted on a bigger buffer stock
      AFP; Reuter  -  608 words
    • Article
      RUBBER
      219 4 THE Singapore market closed weaker yesterday with January One RSS buyers quoted at 280.75 cents a kilo, down 2.50 cents from last Friday's close. The morning market lost about 2.25 cents reflecting Friday's London weakness and some selling. Prices eased fractionally during afternoon trading on isolated offering with values
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    • Article
      RAS PRICES
      302 4 RAS prices In cenu per kilo yesterday:. Bujreri'" Int. 1 R.S.S. prompt f.o.b. 278.50 Int. 1 R.S.S. January 281.50 Int. 1 R.S.S. February 287.50 Int. 2 RS.S. 200.50 UK/Coot 208.50 Int. 3 R.S.S. 206.50 UK/Coat 265 50 Int. 4 R.S.S. 200.50 UK/Cant 259.50 lot 5 R.S.S 255.00 UK/Coat
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    • Article
      SSR and SMR
      106 4 NOON SSI ■AS SSR20 SSR50 MRKLB R and SMR pncaa yrnm lacday(1 -too paflat) (1 too pallat) (Camat MU) Bajrm Salter* 244-00 246.00N 240 50 242. SON T (Forward MU) 246.00 *****N 242.50 244. SON SMRCV SMRL SMR 5 SMRGP SMR 10 <1 too pallat) (1 too
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    • Article
      Straits Tin
      72 4 THE BTBAITB tte price te Peiaig yesterday held aiektigol it a Idle aad wtthte the later—tie—l Tie Ipg—iHi middle e* raage ef SMJI te 14. Operalen aad mtaera were eaatle—, awalttag the day's Leadea trend, mall frem Emrepe, Jtpu mad leeally helped the market matetaia last week's level,
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    • Article
      CLOSING PRICES
      32 4 Rubber: Jan 5 Singapore: January: 280.75 cents (down 2JSO cento) Malaysia: January: 296.50 cento (down 2.00 cento) Tin: M 532.27 per kilo) (unchanged) Official offering: 165.2 tonnes (down 10.8 tonnes)
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    • Article
      Malaysian duty rates
      82 4 THE Malaysian Minister at Finance has fixed these rates for the period from Jan 1 until further notice: Babker: 305H cents a Idlo for RSS One; Ctprt: MJ770.00 a tonne; Palm kernel: »55.75 a tonne; White pepper: $3,702.60 a to—: Black pepper: $2,644.40 a tonne; The rates
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    • Article
      Produce exchange
      162 4 CIINKSB PrMu* ExclMfe, Stagapare, imi jjjjytai ft IHkg CttMt Bulk lob $140.00 sellers, old drum (in second hand drum) tot) $152.00 «Iters, new drum tab {100.00 sellers. Cap»: Mixed (loose) $77.00 buyers. Pepper: Muntok white pepper tab Asta NLW >427 50 sellers, Sarawak white pepper faq fob NLW
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    • Article
      TEXTILES
      189 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Gsasn yarn: China Blue Phoenix 20s 2.035; 32s 2.700, 40a 2,950 (per bate at 400 lbs). Pises fsads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • Article
      RICE
      327 4 SDiOAPOBE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.12, 100 per cent second class 0.95, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.82. THAI BROKEN: A-super 0.71, Special 0.73.
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    • Article
      LONDON MARKETS
      767 4 COFFEE: Robusta futures yesterday closed a quiet morning around the session's lows with losses from Friday of £8 to £2 a tonne. Turnover was 561 lots, including 17 options. Dealers said trading was quiet after the opening, with continued commissionbouse selling absorbed by dealer and tnde buying at
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    • Article
      PALM OIL
      117 4 THE Kuala Lumpur market ruled firm on covering by refiners in moderate trading yesterday, dealers said. In the south and central regions, January was traded Mslo higher from Friday's level to $1,000 a tonne while for February southern region was traded at $1,006. The refined market was featureless
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    • Article
      Lock icon LME stocks
      62 4 Reuter STOCKS in London Metal Exchange official warehouses at the end of last week, (all in tonnes except silver, which is in troy ounces): Cepfwr fell 375 to 122,225; Tin fell 650 to 4,920; Lmi rose 100 to 73,525; Bat rose 2,225 to 85,925; fell 4,250 to 63,700;
      Reuter  -  62 words
  • ASIAN STOCKS
    • Article
      Share prices close higher
      468 4 TOKYO SHARE prices closed higher in active half-day trading yesterday with buying interest stimulated by lower US interest rates and the uptrend on Wall Street during the past week of holidays, dealers said. The market average rose 34.57 to 7,150.96 with volume 230 million shares. The
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    • Article
      Lock icon Hongkong
      230 4 Source: THE market opened strong on news that all US major banks lowered their prime rate to per cent. Investors gained confidence as share prices were pushed up to higher level. Index was up 51 points at 11pm and closed at 75 points higher but did not break through
      Source:  -  230 words
    • Article
      Sydney
      292 4 ENERGY issues continued to feature the market yesterday as the metal sector awaited overseas reaction to the latest US prime rate cuts, dealers said. Santos remained unchanged at AIIB.OO while Ampol Exploration rose 20 cents to ».15. The Australian all archnnriss index, which replaced the Sydney index on Jan
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    • Article
      Bangkok
      272 4 STOCK prices closed mixed in weak trading yesterday as turnover remained low, dealers said. First Trust rose 0.50 baht to 58. Asia Fibre gained one to 137, while Bank of Asia (ell two to 113 »nri Bangkok Bank and Jalapratban Cement closed unchanged at 294 and 110 baht respectively.
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    • Article
      Manila
      128 4 STOCKS traded quietly yesterday with turnover failing to 2.1 million pesos from million on Friday, dealers* said. Lepanto B' and San Miguel B* fell, wbile otherr were unchanged or uik; traded. jan a> P*M» W-' Acojr Mining Alias Con. A Alias Coo. B. Bafuio Gold Urnguri Con B BK
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    • Article
      Selected indices
      30 4 H.K.HANG SENG Monday l! SMJ waij Week Am 1445.0ft rw. AUSTRALIAN INDUSTRIALS Monday «a r i iu>7 Week Ago w 4 ALL ORDINARIES Mondi Pritet jr 711 Mi
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  • Page 4 Advertisements
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      609 4 Mmlll liiTifiMiil ►*NSP*f~ fcJK I®*TT:3I PENGUINS MACKENZIE Andrea Newman They loved him. They hated him Jaan, his wife, who felt things were really quite simple she wouldn't share Mackenzie with enyone. Cool, sexy Diana, the blonde model-girl who imagined that making love would solve everything. Ruth, who could never have
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  • OVERSEAS
    • WORLD IN BRIEF
      • Article
        Lock icon OFFICIALS VANISH
        394 5 Agencies DOZENS of senior officials in the Soviet-installed AfCan government have appeared from public view in recent weeks. Diplomats and Afghan sources say the internecine war between Karmal's Parcham faction and the Kalq group has reached new heights. FORMER US secretary sf state, Henry Kissinger, has saM to
        Agencies  -  394 words
    • Article
      Lock icon Workers at BL plant vote to end strike
      301 5 Reuter FACED with an ultimatum that thousands of jobs were in jeopardy, strikers at British Ley land's Long bridge plant voted on Sunday to return to work yesterday after a 17-day wildcat walkout that shut down the factory. The vote saved the
      Reuter  -  301 words
    • Article
      Lock icon Shock and sorrow over the death of three
      170 5 UPI BOTH the US state department and the AFL-CIO reacted with shock and sorrow on Sunday to the assassination of two American labour activists and a Salvadoran in El Salvador. Department spokesman Mark Sawoski said Secretary of State Edmund Muskie and friends
      UPI  -  170 words
    • Article
      Lock icon Austere policies pave way for UK recovery
      328 5 Reuter BRITISH Prime Minister Margaret Thatcher said her government's policies are paving the way for Britain to grow strong again despite current economic difficulties. In a radio broadcast on Sunday, she said: "We can become a very formidable nation once again." Mrs Thatcher
      Reuter  -  328 words
    • Article
      Lock icon Turning point for economy likely
      243 5 Reuter THE turning point for the UK economy will come this year but any recovery will be hesitant and led by services and consumer oriented industries, Cambridge Econometrics said. The trading sector outlook is bleak, and unemployment will continue to rise to 3.7 million or
      Reuter  -  243 words
    • Article
      Lock icon Khomeiny urges the export of Islam
      247 5 UPI AYATOLLAH Khomeiny told a gathering of Iranian ambassadors that they must try to export the Islamic revolution to other countries. Teheran Radio reported that Khomeiny met the ambassadors and representatives of Iranian student associations abroad and outlined how they should behave in their
      UPI  -  247 words
    • Article
      Lock icon Agnelli not the target says Fiat
      156 5 UPI FIAT has denied that its president, industrialist Gianni Agnelli, could have been the target of a bombing that killed 14 persons at the historic Norfolk Hotel in Nairobi, Kenya. Sources in Nairobi said police are investigating the possibility that Mr Agnelli was the
      UPI  -  156 words
    • Article
      Lock icon Hostage transfer causing concern
      175 5 UPI tary My Pitch mU aa Baaday that the repirlei ■raaat tt three I—l eaa hMttgn la Iraa to a ad agala that spy trials tt the captives waaM lead ta "very serlaas ceaseMr Pewetl alee ali re-Presldeat-eleet Beaald Beagaa aa the haatage prahlcm ware set
      UPI  -  175 words
    • Article
      Lock icon US economy not likely to improve
      619 5 NYT THE US Federal Reserve's efforts to slow the expansion of money and credit will mean continuing high interest rates and little or no growth for- the US economy this year. In a series of interviews, Fed officials said that the lack of improvement
      NYT  -  619 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      137 5 The Financial Management Research Centre. University of New England, Australia offers an Executive Management Programme of five separate modules each of 24 days Modules may be completed as single units OR at least four consecutive modules combined as a basis for a M B. A. offered by several U.SA Universities
      137 words
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      Page 5 Advertisements Column 2
      224 5 Rick's an accountant, but he's only just discovered adding one and one gives nim v r ->v < J.»: i mt: i mwra i m l DBS Autosave. I DBS.We're closer to you. >3DBS Head Office: DBS Building. Shenton Way. Singapore 0106. Tel: 2201 111. Breaches. Ang Mo IGo. Bedok
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  • Article
    Need for a more effective Seal
    333 6 ASSOCIATIONS established for the purpose of representing the interests of specific trades or industries should ideally have the support and cooperation of the majority, if not all, involved in the trade. But unfortunately this is not often the case in Singapore. Despite the fact
    333 words
  • Article
    FRCD market still lacks customers
    292 6 THE FIRST Euro floating rate certificate of deposit (CD) issued by a Singapore branch brings immediately to mind two questions: was it a simple decision by European Asian Bank (EAB) to tap the London market or does it reflect a lack of depth in the
    292 words
  • Article, Illustration
    Hongkong Land shopping in Sydney
    912 6  -  When it first appeared on the scene in the early 70s, its presence was not closely watched. But now Hongkong Land can no longer move quietly in Australia. Not when it has invested at least As23o million there; and not when the government is showing
    912 words
  • Article
    Lock icon HUGE CAPITALISATION NEEDED
    757 6  -  FORUM with PETER SCHUYTEN NYT THE ERA when American industry was able to cope with the rising cost of energy by turning off lights, installing computerised monitoring systems and recycling waste heat is drawing to a close. Instead, such basic industries as glass, aluminium and steel now
    NYT  -  757 words
  • Page 6 Advertisements
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      199 6 JKSSSS&* Why idle away your life end languish in pdorly paid jobs with no future when you can move ahead with the RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and get just THAT QUALIFICATION! Institute of Administrative Management Institute of Bankers
      199 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      673 6 TWO-IN-OIE CROSSWOBD CRYPTIC PUZZLE ACROSS 4 Shining tittle church at Rome (6) 7 Pastry business? (8) 8 It enables you to get at things (6) 10 Cross monarchs? (5) 13 A great deal of money for support (4) 14 Always a woman, right? (4) 15 Ursine ascetic? (4) 16 Brought
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      698 6 |[cT-V^RfrDTO Crystal Gayle Special APART tram the uul fare, the 1JI lM N CfaUMl 5 tatUM the Crystal Gayle Special. Von probably first a« her sa TV sa tke Doaay aad Marie Shew aad sabsequcnUv 00 Bob Hope's Oa The Road To China. This lady with the long beaallfnl hair
      698 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      1226 7 THE NEW MERCEDES-BENZ'S' CLASS SERIES. A CAR BORN OUT OF A SENSE OF RESPONSIBILITY. We enter the Eighties with an awareness that man can no longer ignore his environment. No longer pollute or squander Nature's resources. The motor car has been suggested as an obvious example of our selfishness. Already
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon GENEROUS BONUSES
      768 8 A 1980 WINDFALL ON WALL STREET NYT "OUR PARTNERS have never received so many hugs and kisses from the staff," said Howard Silverman of Gruntal and Co, a New York Stock Exchange member company that has been selling stocks and bonds for 100 years. Obviously, it was not
      NYT  -  768 words
    • Article
      Lock icon OLIVETTI UNVEILS TWO NEW MODELS
      122 8 Reuter OLIVETTI SPA will latrodace two electronic partable typewriters, the Paraxis 3d and the Praxis M, at the electraales shew la Lai Vegas oa Jaa M. The first electronic typewriters designed far home aae, hath will featare alternate correction sf the last If characters via
      Reuter  -  122 words
    • Article
      Lock icon CSR to join Mitsui's coal study
      217 8 Reuter CSR will join the Mitsui group in a feasibility study on siting a coal liquefaction plant in Victoria, Australia. According to CSR assistant general manager, Alan Oliver, the companies will exchange contracts later this month to formalise their joint approach to the examination
      Reuter  -  217 words
    • Article
      Lock icon The sixth year
      83 8 Reuter BURLINGTON Northern expects a record net in 1980. for the sixth consecutive year. In 1979 the company earned U*****.6 million or $6.55 a share, adjusted for a two-for-one stock split last May. In a year-end statement, the company said 1900 earnings of its air freight forwarding
      Reuter  -  83 words
    • Article
      North Sea
      66 8 CHARTERHOUSE Petroleum and Burmah Oil Exploration have agreed on terms for the acquisition from British National Oil Corp of 8.5 per cent and 17 per cent working interests respectively in Block 13/19 in the outer Moray Firth area of the North Sea. Terms of the agreement were not
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      Page 8 Advertisements Column 1
      632 8 See Page 4 for Asian stocks Where to wine, dine and entertain Getaway to Sentosa Jm >gfJ i 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
      632 words
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      Page 8 Advertisements Column 2
      189 8 a y Th A r ?**<• >■ s 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
      189 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      459 9 THE US DOLLAR closed sharply lower at 199.G0/90 yen on the Singapore foreign exchange market yesterday, compared with 202.00/50 yen in New York last Friday. Dealers said trading was nervous but thin in dollar/ yen with the US unit weakening mainly on selling pressure in Tokyo despite strong
      459 words
    • Article
      TOKYO
      234 9 THE US dollar for overnight delivery yesterday closed sharply lower at 201.40 yen, compared with a 202.80 opening and a 202.25/75 closing in New York on Friday, despite strong and continued central bank intervention. The rate was also sharply down from a 203.60 closing here last Wednesday, before a
      234 words
    • Article
      Hongkong
      148 9 THE DOLLAR continued to decline against the yen in moderately active late trading yesterday, dealers said. However, no central bank intervention was seen here, as had been noted earlier in Tokyo, and the dollar eased to 201.15/25 yen from an early 201.85/75 and New York's Friday close of 202.00/50.
      148 words
    • Article
      Frankfurt
      46 9 FRANKFURT exchanges opening quotes on Jan 5: US 1.9655/65 (1.9770/9820) St* 4.696/705 (4.896/710) Can -1.6469 86 D FJ 9B.06/1S S FT 110 63 76 Lit 2. MB/12 F Fr 43 20 N Kr 37.86/91 B FY (cod) 6.211/19 B Fr (On) 6.185/196 Yen 0.9797 9813
      46 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their beet customers is 14.3 per cent.
      22 words
    • Article
      ASIAN $
      190 9 ASIAN ASIAN currency deposit interbank rates as at close on Jan 5: US DalUra<8wt) Offer Bid 7 days 307/16 20 5/18 1 month 193/16 191/16 2 months IBM 18* 3 months 1713/1617 11/16 6 months 16H 16 w 9 months 19 9/16 19 3/16 12 months 19 3/16 191/16 8w.Frm.
      190 words
    • Article
      Discount
      42 9 RANGE at prices ufleied by discount houses on Jaa 5: Overnight: TV.% Call deposits: to TV«% Clssisg Bsyis* SsffiM 3-month Treasury bills 6% 0v« 3-month Bank bills 14W 14 3 months CD 13 3/1« 131/10 8 months CD 13% 12H Source:
      42 words
    • Article
      GOLD
      390 9 SINGAPORE gold futures yesterday closed generally firmer in quiet trading following higher overseas gold prices, dealers said. Total sales for the day was reported at 48 lots while volume for kerbs was at 24 lots, they said. February closed firmer at U*****.50/6Q2.50 an ounce against 1582.593 last Friday, April
      390 words
    • Article
      LONDON
      317 9 THE DOLLAR yesterday opened weaker against major currencies, especially the yen, as lower dollar interest rates sparked selling in a thin market. Following the easier trend in the Far East in the morning, the dollar fell below 200 yen, the first time it has been below this level since
      317 words
    • Article
      Zurich
      105 9 THE DOLLAR was under pressure here early yesterday, falling below 200 yen as operators switched into the Japanese currency, dealers said. No central bank intervention was seen, they said. Against the Swiss franc, the dollar eased to 1.7703/13 francs from the opening of 1.7780/7800 francs. The rise of the
      105 words
    • Article
      Lock icon Swiss bank sees no reason to buy gold now
      194 9 Reuter THE Swiss National Bank is keeping open the possibility of buying or selling gold, but sees no reason to buy any at present. A National Bank spokesman was commenting on a recent London Financial Times article which said the Swiss
      Reuter  -  194 words
    • Article
      Lock icon BNP's first branch in Australian capital
      114 9 AFP. BANQUE Nationale de Paris opened its first branch in the Australian national capital yesterday, giving the trench banking industry its sixth outlet on the Australian continent. The French bank is opening (or full international business in the civic centre of Canberra. Very few
      AFP.  -  114 words
    • Article
      Lock icon Taiwan eases rules on forex deposits
      154 9 Reuter LOCAL banks in Taiwan will no longer be required to transfer their foreign exchange deposits to the central bank. Before this change, which took effect from yesterday, local banks in the country had to transfer a substantial portion of their foreign exchange desposits,
      Reuter  -  154 words
    • Article
      Prime hits new high of 14.3pc
      486 9  -  By ALVIN TAY THE AVERAGE prime lending rate in Singapore hits a new record of 14.3 per cent today as five more banks emulate the action of Development Bank of Singapore (DBS) with increases of one full point each. From today, Overseas Union Bank
      486 words
    • Article
      Lock icon Nippon Life seeks Prudential help
      84 9 Reuter JAPAN'S Nippon Life Insurance Company said it has discussed possible cooperation in overseas finance and investment with Prudential Insurance Company of America. Nippon Life said its senior managing director, Tokutaro Hirose, has visited Prudential Insurance in New York for talks on possible cooperation. The
      Reuter  -  84 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      162 9 When yog subscribe to Business Times directly you save $25 It's like getting 41 issues FREC,,^ Subscribe to Business Times now and get 41 issues free Here s a great opportunity for you to join the increasing number of Business Times readers who subscribe directly to us. If you subscribe
      162 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE-
    1511 10 BID aad otter prices officially listed aad hnstnrss in and reported to the Stock Exchange at Singapore yesterday with the number of shares traded shown hi brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Aeaa (1206) Allied
    1,511 words
  • Article
    Unit trusts
    88 10 iw nil I I va xm n* FtMd LM I* 5>or* Ft** Tmd L«l L4T S>oo*»K FW US 13 OMinfat La ia R*ar* L» LJt* JhSrll 1 INJPr* IW 111 LB IMImmiIM IB LM imbbm«IM i* im TpamoSH J2Ti5^*A* (■■MM I) L» IS wwmmvmr In j w 1
    88 words
  • Article
    SHARE INFORMATION SERVICE
    2719 10 Gr'a Gr'a Net 1M0/1M1 Last Div DW YTd P/E Vol Day Hick Law Coaipaay Sale +«r- CVr (■OOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 712 245 Aetna 320 15.0 23 43 123 300 220 Alcorn 300 1X0 23 43 173 14* 116 Allied Choc 130cd -1
    2,719 words
  • Article
    In Kuala Lumpur
    1663 10 BID and after prices officially listed and business in »"< reparted to the Kuala Lumpur Stock Exchange yesterday with the number at shares traded «hown in brackets in lots at 1,000 units, unless otherwise specinea MKBRIALB A*MM4a (104B) kkmm (11B) (1) 2.80 (1) 2.71 (4) 174 Atas
    1,663 words
  • Article
    COMPANY MEETINGS
    51 10 SKA View bW LMtsi: EOGM to be held at Sea View Hotel, Amber Close, Singapore 1543 on Jan 10, 1981 at 12 noon. TTT Hi lull llmllii EOGM to be held at Suite 271C, 27th Floor, International Plaza, Anson Road, Singapore 0207 on Jan 10 at 10 30
    51 words
  • Article, Illustration
    Hotels and properties in demand
    545 10 mmytoo SUSS ĕaimg mSt tooMtoi, to ihorp eeahto to tot wotkt poor OhrleaMy, iiitli il on beeated by toe itotf HMpotot rIM to toe Ha* Seag ladex. The eae per-eeat bike pen aol toe Dritoi Onr MM Baak did —t daaopn Ao uolyit oaid toe
    545 words
  • Article
    Some caution seen in KL
    588 10 SHARE prices continued to chart a mixed coarse an the Kuala Lumpur stock market yesterday despite a sharp rally in the Hongkong market. The Hang Seng index rose a steep 75 points to 1599.91, but tailed to perk up sentiment on the local market. As
    588 words
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  • COMPANY NEWS
    • Article, Illustration
      Enough room for optimism
      1418 11  -  Probably the best and the healthiest since 1973. That was the stock market in 1980. The Straits Times Industrial index hit a new peak of 721.70 on Nov 21 and since then has fallen to close the year at 660.82. The Singapore economy is not expected
      1,418 words
    • Article, Illustration
      Lock icon Fairly prudent market
      581 11 W2Mh by HOCK LOCK SIEW RF.AI.LSM should prevent one from insisting that life is rosy when international economic, political and social factors indicate otherwise. Yet we ought to guard against excessive pessimism. Equity prospects for the current year have not been laid out in exciting terms, and
      by HOCK LOCK SIEW  -  581 words
    • Article
      COMPANY BRIEFS
      347 11 SINGAPORE Laad has acquired a 35 per cent stake in the capital of Singapore Clay Products Pte for $1,435 million. The acquisition of 1.68 million shares of 11.00 each in Singapore Clay, which has an issued capital at 4.8 million shares, was made on Dec 31. MALAYAN Flaw
      347 words
    • Article
      RESULTS DUE
      187 11 Date b utFftU Year Cempeay »-J rcrm ilwrrd Net EPS Grws Pre-tax Last year (ceato) Dt>. Profit (91*) Pahang Coos F 16 11 1.3 2.5 1,634 Duff Dev F 7/12 12.7 5.0 3,270 Batu Kawan F 11/12 11.8 15.0 23,012 A Hitam Plant I 27/12 26.1 20.0 1,125
      187 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      166 11 AN INVALUABLE GUIDE to the banking, finance and insurance community mm. m *V *4 st?h y r J *91 -V^ys^S J 1 a copy Available at all leading bookshops and emporiums Published by: TIMES DIRECTORIES (PTE) LTD =>? C'qan.sat'i 530 Cuppage Centre. 55 Cuppage Road. Singapore 0922 Telephone *****11 (10
      166 words
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      Page 11 Advertisements Column 2
      235 11 Swiss technology for Asean 14-18 January 1981 Singapore Mandarin Hotel Open: 10 em 8 pm SWISS TRADE AND TECHNOLOGY FAIR Three years after the very successful first SWISSASEAN, you can again, in the heart of S.E.Asia, establish and tighten business relations with more than 100 dynamic Swiss companies. Most sectors
      235 words
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  • Article
    Coffee shops to fix prices
    178 12 COFFEE shops will be allowed to fix their own prices for coffee, tea and other hot drinks but shops charging unreasonable prices will be dealt with. This was agreed upon yesterday when the Consumers Association of Singapore (Case) and the Department of Trade met the
    178 words
  • Article
    Lock icon Dilemma over who should represent Kampuchea
    206 12 AFP THE MINISTERIAL meeting of the non-aligned nations will be held in New Delhi early next month. The big question is whether India would issue visas to the representatives of Heng Samrin or the ousted Pol Pot regimes, of Kampuchea. There is a dispute
    AFP  -  206 words
  • Article
    Lock icon China's open-door policy unchanged
    400 12 AFP THE open-door policy of China remains unchanged and it is still the largest and most stable market with more foreign experts expected to come and work in the country this year, a top Chinese leader said. With the development of compensation trade and joint ventures
    AFP  -  400 words
  • Article
    Lock icon 'HAVE A NASTY NEW YEAR'
    113 12 AP PRINCE Charles, Britain's heir to the throne, has delivered a special message to newspaper editors in Fleet Street: "Have a nasty new year". The prince's comment, which drew widespread publicity in Britain's newspapers on Monday, is the latest in a series of public expressions
    AP  -  113 words
  • Article
    Lock icon Iran launches big offensive
    216 12 UPI IRAN launched a major offensive along the central sector of the frontier with Iraq on Sunday killing 150 Iraqi soldiers. Iraq acknowledged the Iranian offensive in the frontier's Gilan Gharb front but claimed: "The enemy attack was repulsed and 47 of its troops were killed."
    UPI  -  216 words
  • Article
    Lock icon Rubber price hits a 32-month low
    191 12 Reuter THE PRICE of rubber hit its lowest level for 32 months on the London Commodity Exchange yesterday because of slack demand, particularly from the recession-hit car industry. Traders said the slump was caused by manufacturers running down stocks rather than buying new supplies,
    Reuter  -  191 words
  • Article
    Lock icon Exile training report denied
    62 12 Reuter ATATOLLAH Mehedi Ruhani, leader of Europe's Shi'ite Muslim community, yesterday denied an Iranian press report that France was giving training facilities to Iranian exiles plotting to overthrow the Teheran government. Dismissing the suggestion that France opposed the Islamic revolution in Iran, he added: "The vast
    Reuter  -  62 words
  • Article
    Lock icon Japan pledges to help Asean
    458 12 Reuter PRIME Minister Zenko Suzuki of Japan said his country would do its utmost to help the economic development of Asean countries. Speaking to reporters in Japan yesterday, Mr Suzuki said he will outline in Thailand his doctrine for the region, dealing mainly with economic
    Reuter  -  458 words
  • Article
    LONDON STOCKS
    638 12 LONDON. Mob. Share price* were steady at tbe opening in quiet trading. Leading Industrials were generally unchanged though Beecham and Hawker Siddeley gained a penny and 2p. Jardtne Mstheson was up 5p to 214p following the Hongkong market's gains overnight. Government bonds showed gains of around 1/1 paint
    638 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      163 12 r i\ < A m <r •k I: ■> Hi I ffyxi're about to buy a pick-up, here are four letters that will make all the dlflfenenC&T C TLndsforloadsensingprcpcrtian AVVi valve. Ifs an amazing system whereby the I y L I WF braking efficiency of theHi-Lux is detennined by the
      163 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report tor 24 Imvs prtor to 1M p.m. m Juury 5 At the kirpwt Maximum temperature 27.2 Associated humidity 81 Minimum temperature 23.4 Associated humidity 95 Hours of sunshine 0.45 Rainfall in millimetres Trace Total rainfall for the
      59 words
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  • SHIPPING TIMES
    • Article
      Nine form consortium in Asia trade
      137 13 NINE member-lines of the India-Pakistan-Bangladesh-UK-Continent Shipping Conference have formed a container consortium to operate on the India-UK-Continent sector. The main features of this consortium is that a cer- tain number of vessels of each line will be placed exclusively at the consortium's disposal. Facilities
      137 words
    • Article, Illustration
      APL offers sailings to East Malaysia
      563 13  -  By JAN LEE AMERICAN President Lines is increasing its coverage of Malaysian ports by extending its container and break/ bulk services to East Malaysian and Brunei ports. Directly, APL is offering to serve those ports with its G-5 multi-purpose carriers on an inducement basis.
      563 words
    • PORTSIDES
      • Article
        Lock icon Indian strike called off
        126 13 Reuter INDIAN port workers, who had threatened to stop work for an indefinite period yesterday have called off their strike following an agreement reached with the government. The Press Trust of India said government negotiators and leaders of the Dock and Port Workers' Association reached an
        Reuter  -  126 words
      • Article
        Lock icon Chinese crew rescued
        85 13 AFP ALL 16 people aboard a Chinese ship were rescued when it sank in Hongkong waters on Sunday. The 16 aboard the cargo ship were rescued by a police vessel and a second Chinese ship which took them aboard and left for China, a government spokesman said.
        AFP  -  85 words
      • Article
        Lock icon East German tonnage
        63 13 AFP EAST Germany has launched 61 merchant ships with a total tonnage of 450,000 tons in 1960, East German shipbuilding authorities have reported. Fifty-four of the vessels were exported, with 40 going to the Soviet Union. The remainder were delivered to 12 countries. The country's shipyards, which
        AFP  -  63 words
      • Article
        Lock icon Search for Dunav ended
        90 13 Reuter JAPANESE Coast Guards have given up an air and sea search for the Yugoslavian freighter Dunav, missing in the Pacific with a crew of 31. The Japanese Maritime Safety Agency in Yokohama headquarters said the 25,000 dwt freighter was last heard on Dec 28 when
        Reuter  -  90 words
    • Article
      INDEX TO ADVERTISERS
      637 13 SMpptagLlae Pa«e Cat SMffiag Uw P C*l Achipelego vn 2 Evergreen TV 3Adriatic IV S Feaco V 1/2 AfM VI 3 Flot la Lauro V 5 Afro-Eurasia VI 2 Fortune VI 5 All trans VI S Franco-Belg m 4/5 Alpac VI 5 Frata NVOC IV 2 Angkutan
      637 words
    • Article
      Container Schedules
      872 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lilies Operatn Arrival Date Time Bunga Permal m501 7.1.81 1500 Ned-EAC TA 3 TT Pegasus Pride 155N 7.1.81 1400 Straits 49/50 VC Chev De Blols 02/210
      872 words
    • Article
      Australia's SAR lends a helping hand
      920 14 AUSTRALIA has accepted responsibility for marine search and rescure (SAR) in a large area of ocean extending from the Tasman Sea to a point 2,000 miles west of Perth, and from the Timor Sea and Torres Strait to Antarctica. This will have a significant
      920 words
    • Article
      SHIPS IN PORT
      409 15 EXPECTED ARRIVALS, TODAY KEPPEL WHAjtY ES Blue Kochi (RO tO) (0600 after Reefer City f 35/36 Felix (0600 after Ko Heng) 40/41 John Lykes (1830 hauls 5m West) 6/7 Kota Jasa (0701 after Kota Panjang A Nikolay Semashko hauls) 10/11 Monteste (after Halle) 33/ 34 Nikolay Semashko
      409 words
    • Article, Illustration
      UK launches for S'pore
      232 15 THESE tin high-speed 11-metre reaeae laaacbea ballt la Britain were wea aa trials la the Meat before they were delivered to Slngapare's Departmeat af Civil Aviation. The veaaela, Ckiet DmvU aad Chief Fryer were hallt by Chevertoa Werkbaata of Cawea, Isle af Wight far the aew
      232 words
    • Article
      Lock icon China's ambitious engineering feats
      203 15 UPI THE world's third longest river, the mighty Yangtze, was stopped in its tracks for a short time on Sunday in one of China's most ambitious engineering feats. The official Xinhua News Agency said the river, the longest at 3,968 miles in Asia, was stopped at
      UPI  -  203 words
    • Article
      Lock icon Storm lashes at France
      127 15 AFP RESCUE boats saved a number of yachtsmen and sail plank enthusiasts as a 100-kilometre an hour storm lashed France's Mediterranean coast on Sunday, the Regional Rescue Centre in Toulon, Southern France announced. The tempest fanned about 50 forest and brush fires that broke out in
      AFP  -  127 words
    • Article
      Miri port will get another chance to redeem itself
      286 15 BRANDED a "black port" by shipping companies for the acute congestion at its customs wharf, Miri is to get another chance to redeem itself. The Miri Thai Yang Shipping Company will use another cargo vessel on its Miri/Port Klang route at
      286 words
    • Article
      Lock icon Crewmen await outcome of labour disputes
      224 15 UPI ITALIAN crew members of the Carla C luxury cruise ship idled by a labour dispute spent last Sunday calling their relatives in Italy and awaiting the outcome of a meeting in Rome between the Costa Line, the government and a confederation of maritime
      UPI  -  224 words
    • Article, Illustration
      More offshore ships at S'wang
      366 15 SEMBAWANG Shipyard has increased the volume of repair work for the offshore oil exploration industry The yard is involved mainly in the repair, upgrading and structural modification of offshore vessels. Work done on several vessels recently underline this trend. The 9,806 dwt drillship Dan wood
      366 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2842 19 SCHEDPIE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      2,842 words
    • Article
      South Korea postpones licensing measures
      522 20 TIGHTER licensing provisions for ocean «hipping firms planned by the South Korean government will not now go ahead. The Korean Maritime and Port Administration (KPMA) originally planned the measures to come into force on Jan 1. They would have required «hipping companies to hold a
      522 words
    • Article
      C Y Tung holds major stake in Seapac
      673 20 HONGKONG'S C Y Tung Group has taken a controlling interest in the Pacific container ship services formerly operated by the financially-troubled Sea train Lines of the US. C Y Tuns and the Inphcape group s wholly-owned subsidiary, Dodwell and Co purchased the
      673 words
    • Article
      The Consortia
      136 20 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (FAB EAST/EUROPE): Franco Belgian Services. K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container T in*» Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines.
      136 words
    • Article
      Lock icon No trace of Golden Pine
      109 20 AP A PATROL boat searching for the missing 11,738-ton freighter Golden Pine on Sunday found a rubber life raft bearing the vessel's name, but encountered no further trace of the 25 Taiwanese crewmen believed aboard. Japanese Maritime Safety Agency officials said the vessel may have
      AP  -  109 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      222 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE JOR THE PERSIAN GULF AND RED SEA PORTS. SoePago V KOREAN MCUN 71 orextm. am m *mac COR/U. 21£ 21/12 29/12 5/1 K me SUN IK 114/1 0. SCMOUR 271 123/1 I FULLY CONTMOSED EXPRESS.
      222 words
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      Page 13 Advertisements Column 2
      215 13 BISEALORDH UNITED ARAB SHIPPING CO (SAG Mi"*' EXPRESS MULTI-PURPOSE SERVICES ALFATEH V.21 tOll 8/1 I Dubai (16/1), Damman (18/1) I Kuwait (20/1). Abu Dhabi (22/1) 30/1 Kuwait (10/2) Shuaiba (12/2). Damman (14/2). Doha (16/2) Abu Dhabi (18/2). Dubai (20/2) FULLY CONTAINERISED SERVICE S'ptre Loading for 7/1 Dubai (15/1), Kuwait (17/1),
      215 words
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      Page 13 Advertisements Column 3
      539 13 K Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Peotni irnrfli T r TTm 'I I VJV art 2s2iM BF/JH T77T i k' rn '.'3. f 14-15/2 IS-IS/2 21-22/2 22-23/2
      539 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      893 14 MALAYSIAN INTERNATIONAL SNIPPING CORPN. BERHAD. WISMA MISC, NO 2, JALAN CON LAY, P.O. BOX 371, KUALA LUMPUR CHO9, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Feeder TUa( Vessel Spore 1) trades 2) fOtm 3) H'Durg 4) Gbu 6 PENAGA Sadetf TOYAMA I* Port 21/1 26/1 27/1
      893 words
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      Page 14 Advertisements Column 2
      405 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA n tmrntf ftta nrf&n CM Mm SaM CM I mrt N Imk MrM Bmtm St Ma H Ort. HMO MM 94/1 11/1 25/2 3/3 C/ 3 7/1 9/3 U/3 12/3 13/3 14/1 21/3 MHO mm 7-7/1 31/1 9/2
      405 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      323 15 Overseas Containers Limited Weekly service to/from UK/Europe OCL COWTAOOSW Stmt TO UK/C0NT1BIT: Australia Straits Container Line (A member of ANRO) STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok ContainonMp Strric* To/From Bangkok nw 11MH 7/1 H 13/14 I lb/11 I 17/UI Swtaporo to Sabah. jwwl and Bnaoi ACCEPTWG
      323 words
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      Page 15 Advertisements Column 2
      418 15 I E Franco Belgian Services (F r F i<" Fr,-;ch vrt xce ith <■ sr Fis'irv. T.xnt* &Cf fONSOS T l C.M.C.R. QfKALfB VMJQIE cjckaueb k bub hmataubbu S port P Um| B kxu Wsales Garni Trieste Ila Jln Ml* Xl* 2B M 3FA 24 la 21 la UFA 11
      418 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      712 16 Hapag-Uoyd S pore PK Pen Brltao Genoa H'burj B ha«en Warn Antwerp 29/1 31/1 3/2 4/3 25/2 14/3 12/3 9/3 7/3 22/2 24/2 25/3 19/3 5/4 3/4 30/3 28/3 TO USA/CAHKM feeder I P Kelanf S pore L»P 6/1 9/1 K«Mmh BIT 13/1 15/1 >mU« 21/1 23/1 Efeelbra 28/1 30/1
      712 words
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      Page 16 Advertisements Column 2
      450 16 LINE SHIPPING KOREA CORPN VEGA 155W f Ketone 14 Jan VEGA 156 C 3-6 lan ALTAI 1591 V 8-12 lan POMNG STOtt 9d 7/10 tm FROM BUSAN BANGKOK SW 7/10 lan TO BUSAN 13-16 lan 17-20 lan FIOM BUSAN BANGKOK ALTAR 160E8-12 lan 13-16 Jan 17-20 Jan TO BUSAN KSC
      450 words
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      Page 16 Advertisements Column 3
      530 16 ©EVERGREEN LINE PAR EAST EUROPE EXPRESS EUll CONTAINER SERVICE 1 ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE ROTTEROAM. ANTWERP L£ HAVRE ALSO ACCEPTMG CARGO FOR UNFED KMGDOM SOUTHAMPTON. LONOON MANCHESTER. BMMMGHAM BRISTOL LIVERPOOL. GLASGOW. LEEDS WEST GERMANY HOI LAW) AMSTERDAM 96T JO/Ol 1/02 VO2 1/12 7/02 Enr UfM 18/01 7/02 »/02 U/«2
      530 words
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      Page 16 Advertisements Column 4
      1022 16 Everett Lines! linn Five Star SbippMf Cirpi. "BURMESE NATIONAL LINE' LOADMG FOR RANGOON H. M to 11/t) FM V 7 Nfc B F S.S C Agant* n Malaya) BOUSTEAO SHPHNG NOS KL *****2/*****9 'ARGEirrmE'NATtONAL^SIiIV ~8 IE-fl S'pwt ACONCAGUA 30/31 Jw WCTOM I TIM F* CTS Tramportadoii MbritNiM Mcxiana S. A.
      1,022 words
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      Page 16 Advertisements Column 5
      716 16 r UO.S.E. OCEAN SHIPPING ENTERPHSES PTE LTB SANKYC LINE AUSTRALIA SERVICE mirma MAY CMP.. Sinfaport P Kaiane Loadtaf tar 10 11 Im 12/13 1M MEL. SYD (ADEL) 15/16 Fab 17/11 Fab tVD. MEL MKL JAPAN/STRAITS SERVICE SUNNY OCEAN 9-10/1 MAY HONCE HO/1 MARU MAMi 1-9/1 OCEAN RESOURCES 9-11/1 SUftM 1-10/1
      716 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      771 17 L. PIL GROUP EAST AFRICA/REDSEA SERVICE "1 A COLOMBO/KARACHI/P. GULF SERVICE KOTAMELUR In Pt/10 Jan Colombo, Karachi, Minaqaboo* KOTA BAKTI 10/15 Jan Karachi, I Kuwait SINGAPORE/CHITTAGONG/RANGOON/SER VICES KOTA BUANA KOTA BERLIAN. KOTA MAC HAM. 10/15 Jan 2/4 Jan Loading For CMttagong, I Rangoon Chi SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES 9/10 Jan KOTA
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      Page 17 Advertisements Column 2
      704 17 BEN LINE CONTAINERS BOWSS CONTMO SERVICE TO/ROM EUROPE h burc b haven roam havre soton .T?. **»«*<*—*/ Aetna**** Fraac* Al UA 3/2 V 2 VJ V 2 V 2 a/1 a/1 12/2 14/2 15/2 17/2 19/2 27/1 29/1 11/2 21/2 22/2 2V2 M/ 2 V 2 M/ 2 2»/2 22/2
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      Page 17 Advertisements Column 3
      671 17 Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE f "a I 9 I v, l T I I I i J f 'if r A S kmc* SM own* l/i t pomg* ic/i ft MM* a/i a. ptmw »/i ft mm* i ft POMM 11/2 t I r«M ixraa>2)r<H atKbwiocw, IIOTMM
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      Page 17 Advertisements Column 4
      518 17 BOUSTEAD SHIPPING AGENCIES BANK UNE FOR REUNON t SOUTH AFRICA SINGAPORE •to Reunion Durban Capetown Pt Eliz (also accepting East I SHIRRA bank 13/1 22/1 30/1 2/2 5/2 i and Maputo cargo Lukes/ 4 Lines U.S. MEST COAST SERVICE DM troffl SFO Lbck SPOKE LESUE LYKES 9d Sid 9/1 ASttEY
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      658 18 EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEEDER WJELS* PK XaStaal MM Uk fmtl Ac* 03N IJ/1 23/1 fate Mm TO EURO Vnufc cjl inn. kM Rtaai. H'md and Le Hnrt) JAPAN-STRAITS-JAPAN Vesstl Tokyo Kobe SflOff Penary P Kelanj Spore Tokyo Hob* WW MY 2 15/1 lt/1 25/1* 27/1 29/1 1/2+
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      Page 18 Advertisements Column 2
      516 18 CALFORNA/PACFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lm*| far LOS ANGELES. MM FRANCISCO. SEATTLE. TtCOM IMCOMD B.C IcnplH ftt/FQ Cobkn f Um| Smpoorc L aa~ it ia aia »Feb AUSTRALIA EXPRESS CONTAINER SERVICE Accaptei Fa/Fa Certjnn PAeM* Spore Bn IMb AM SfN f<em U Mi 20 Mi 31 Mi 3
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      Page 18 Advertisements Column 3
      518 18 S S A roup SINGAPORE SHIPPING AGENCIES PTE LTD PCTMFLOOM OCEAN BUILDING Si\,APi,«f VARKETING 91H?2 3 LINES GENERAL *****1 Hi NEb TERMINAL OF F ICE 222 3583 TELE* «S ?459«> RS ?5S«iB A B CAWSMIP CAbLf CAHGOSHIFMill •I I'ejiioiial L»nt;iiiier Lines WEEKLY CONTAINER SERVICE to/from BANGKOK 7/1 tan 11/12 Jm
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      Page 18 Advertisements Column 4
      537 18 ;.f KORINS MARITIME SERVICES Woorn 60' CS Bui d ng. Wav S Te j~ 'tJ22 s *****6' MIOOLf LAST/RED SEA/EUROPE SERVICES X SA'M ICR Lli\LS V i memoe» o< !t»e Graup 3< L'HER SERVICE FROM KCWEA TAIWAN HONG KONG TO SINGAPORE HMKOOt *74 lJan Tm -t HM 24*11 r. Hyundae
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      Page 18 Advertisements Column 5
      686 18 INTRaStfI (PTE) LTD. Fatje'Mouse 234E Orchard Road 9 **********4057 Span P.K 211 a M HNLOBE/rMM/ IK (AVON) OITRASEA (TIE) LID *****11 BOOKMC *****57 VEO SHPPVB ft TtAMB *****4 *****2 *****1 MIDI OVERSEAS MMfTM SON MB XMM *****/2 0 ALP AC LINE S pore P Kelang Penang La ALPAC ASIA V.45
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      Page 19 Advertisements Column 1
      524 19 TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia +TW BRIDGE S'pore Closing Times: FCL Cargo 0001 8/1 LCL Cargo 1200 7/1 FROM EUROPE (VIA SUEZ): TO AND FROM AUSTRALIA: Tanasek 17/1 Also accepting cargo to/from Bangkok and E. Malaysia Carriers' option to proceed via other ports TO WEST COAST
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      Page 19 Advertisements Column 2
      106 19 SIM SWEE JOO SHIPPING SDN BHD EXPRESS SERVICE TO MITU.U SRC LOW SAT\) (Ml 1*0) 1 SMI LOHC SATU (MR 1M0) wy 2 21 fee***. I*«T ap to 30 taw carp wNmlm at Jatt fiMm Agents: JAMBATAN MERAH SDN. BHD. P. Kelang *****6/7 K Lumpur *****1/2 THE NEW STRAITS SHIPPING
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      Page 20 Advertisements Column 1
      258 20 MALDIVE LINES ETA KUANTAN ETA PORT KELANG MALDIVE NEKWOUR Loading For Dubai/Bahrain/ Dammam MALDIVE LOYALTY Loading for Hodetdah MALDWE SEAFARER Loading for Jeddah/Gizan MALDIVE PHNEER Loading For Jeddah MALDIVE ITORTER Loading For Male MALDIVE PROGRESS Loading For Jeddafc MALDIVE CREST Loading For Madras/Rangoon MALDIVE VICTORY Loading For Male MALDIVE NAVIGATOR
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      Page 20 Advertisements Column 2
      317 20 ?j) JOHORE SHIPPING 161 JAtAN TENOU RADAR PORT K[l SNP, SH SNGOR Maiavsia aHAJ SHIPPING SDN. BERHAD i Express Unrtload Service from P. Keiang i East Malaysia Bruno PKLG Loadng for MZCUN HASANUN V: 1/81 10/1/11 KK, SANDAKAN MZCUN HASANUN V: 2/81 2S/1/81 KK. SANDAKAN MZCUN HASANUN V: 3/81 9/2/81
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      Page 20 Advertisements Column 3
      185 20 1 I >h THAI YANG SHIPPING CO. SON. BHD. H« INN TUB HI. ran TMt PJMMI OM> «0T 1/11 11/12 tm MM «0T 2/tl ZVM tm m MILLION SHIPPING SDN BHD 'Ur.ioal f'Cess A#>sf Ana Eds' Va d,s a Accest'ng up rc "BtOr TITI SHIPPING 4 TRAO'NG SDN BHD HIONG
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      Page 20 Advertisements Column 4
      224 20 Are you making full use of the Shipping Times as an effective selling medium? Tel: *****44, Extension 351 or 367 Times Centre 1, New Industrial Rood Singapore 1953. For further enquiries call: Shipping Times Tel: *****2 Ext. 38 or 39 Financial Publications Sdn Bhd 31. Jalan Riong, KL 22-03 r
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      Page 20 Advertisements Column 5
      143 20 PERKAPALAN LAUTAN MRU SDN. BHD. P O Box 220. Kota Knabatu Sabah REGULAR IMB SBtVK3 Sabah Sarawak Bangkok Sngaporr Port KKang Agents: M'su: Port Keiang: SEAL lON SHIPPING (M) SON BHD Tet *****4. *****4 *****1 Tlx MA***** Penang SEIAMA SHIPPING TRANSPORT SON BHD Tel *****1. *****2 Tlx MA***** P. Gudang:
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      109 20 /A wa fA M j A i E» SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AM. THIS MORNINQ. LEGEND: R Thunderstorm Temperature °C y Shower Weather Wind direction with speed in knots Shower Rain Cloudy Sky totoeevWianlM One full circle I—One full Oeche Wave heights la aatti Wave height leated
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