The Business Times, 7 January 1981

Microfilm: NL10893
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    9 1 BUSINESS TIMES M.C.(P).No. 107/1/81 WEDNESDAY, JANUARY 7,1*1 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Khomeiny's health failing
      59 1 AP KUWAIT, Tues. Ayatollah Ruhollah Khomeiny's health has deteriorated recently and Iranian authorities are considering sending him to France or Switzerland for treatment, a Kuwait newspaper said today. The paper, A 1 An baa, quoted travellers from Teheran as saying Ayatollah Khomeiny's son Ahmed already has left
      AP  -  59 words
    • Article
      Lock icon Recycling timber waste
      65 1 Reuter JAKARTA, Tues. The Indonesian government will set up a pulp plant and waste timber processing plants in Kalimantan (southern Borneo) to recycle thousands of tons of timber waste, a government official said. Mr Siswoyo Sarojo, director of -forestry affairs at the agriculture ministry said yesterday that
      Reuter  -  65 words
    • Article
      Lock icon Return to work
      52 1 Reuter CANBERRA, Tues. Australian airport technicians today agreed to reduce industrial action which has caused delays and cancellations of flights for four weeks. The technicians, who are demanding higher pay, ordered striking navigation aid personnel at Sydney, Australia's biggest airport, to return to work and repair distance
      Reuter  -  52 words
    • Article
      Lock icon Exxon leads producers
      69 1 AP NEW YORK, Tues. Exxon Corporation led all other American producers of natural gas in 1979 despite a slight decline in output, a Texas-based trade newsletter said today in an annual survey of the gas industry. Energy news said Exxon produced 8.044 billion cubic feet of gas
      AP  -  69 words
    • Article
      Lock icon Resignation postponed
      62 1 UPI JERUSALEM, Tues. Prime Minister Begin staved off the resignation of his finance minister today, buying time for his governing coalition to resolve a teachers' wage dispute that threatens his government's survival. The main cabinet rivals in the wage dispute, Finance Minister Yigal Hurvitz and Education Minister Zevulun
      UPI  -  62 words
    • Article
      Lock icon Thai villagers injured
      64 1 Reuter BANGKOK, Tues. Five Thai villagers were injured and three houses damaged when three Vietnamese mortar shells landed near a border hamlet on Thai territory yesterday evening, the Thai Military Command said. A military spokesman denied charges made today by Kampuchea's Vietnamese-backed government that Thailand had conducted
      Reuter  -  64 words
    • Article
      Lock icon Illegal immigrants
      69 1 Reuter JOHORE BARU, Tues. A crackdown against an officially estimated 100,000 Indonesian illegal immigrants in Malaysia's southern state of Johore has been hampered because police have nowhere to put those detained, police sources here said. Police detained more than 1,100 Indonesians last year, the majority in a clean-up
      Reuter  -  69 words
  • Article
    Chief Priee Changes
    133 1 Rises Indices Rothmaas MO Berjuatai 12*70 Geatings 875 O U E 720 M Banking 1490 O C B C 1180 Hoag Leong lad 505 Graad Central 314 DBS 000 Austral Amal 1070 Falls 45 40 35 35 30 30 29 28 25 20 B.T.Indicator: Industrials: Finance: Hotels:
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  • Article, Illustration
    KUALA LUMPUR
    139 1 Rises Indices 9.20 2.40 .80 .70 Jan 5 Jan 6 Kg Lanjut Khong Guan B.T.Index: Industrials: *****.*****03.12 831.13 840.43 Tunuran 6.75 .55 Finance: 1256.49 1269.69 Rothmans 6.90 .55 Hotels: 408.52 409.31 FE-L'ston Malex 5.55 7.20 .40 .40 Properties: Tins: 729.19 735.74 458.48 461.18 OCBC DBS H L Ind
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  • Article
    Why faults were discovered late
    645 1  -  SHELL EXPECTS ANSWER SOON By RONNIE LIM Chief Reporter THE REPORT of the Shell investigation into the structural faults discovered at its $400 million hydrocracker project on Pulau Bukom is expected to show why routine tests on the concrete being used did not reveal the
    645 words
  • Article
    Scheme to identify job-hoppers
    280 1 EMPLOYERS will be able to identify job-hoppers easily under the Central Provident Fund Job Record Scheme which starts today. The scheme lists, in chronological order, the number of jobs a CPF member held for the last three years and the length of his stay in each
    280 words
  • Article
    Robin diversifies into computers
    468 1  -  By FONG HEW LENG THE ROBIN group is diversifying into the production of computer equipment in Singapore. The group, which currently has interests in the production of heavy machinery, shipping and property, is teaming up with Microperipheral Incorporated of the US to make the mini floppy
    468 words
  • Article
    Steel products laboratory
    348 1 FACILITIES for carrying out all types of tests on steel products will soon be available in Singapore. Van Leeuwens, a Dutch company specialising in steel pipes, is building and operating the first commercially run testing laboratory in Jurong. The $1 million laboratory will be the first of
    348 words
  • Article
    Quality stocks push up – market index
    247 1 Quality stocks push up market index QUALITY sleeks iwtwiuel well m Ike sleek m*rket yesterday. As a resell, Ike Straits Hums hMriil Mm «eat sp 1.44 petals le «71.2». After straw trading la tke meratag, share prices appreciated aeress tke keari tat mild preflt taktag la tke afteraeea erased price»
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  • Article
    Local dollar at all-time high against ringgit
    472 1  -  By ALVIN TAY THE LOCAL dollar yesterday moved to an all-time high level against the Malaysian ringgit. For the first time since 1973, when the two currencies were separated to find their own levels, the rate of exchange reached $94 against Msloo. Several
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      14 1 Singapore's Bu« in* ss World at your fingertips The Straits Times DIRECTORY of Singapore
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      Page 1 Advertisements Column 2
      10 1 V\V V'i or *****24/*****7 BTWQwIR ttort than car rental struct
      10 words
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      Page 1 Advertisements Column 3
      60 1 mm SHIPPING TIMES JOINT-VENTURE kteiwwhi WOULD stock markets skew to begin prMiacttoa this year I substantial gmtes 7 INDIA toiw USs2Stm WerM MGHH^e— t wcrrtes Malawi IS acemtl— «f Teyeta as JAPAN irged to tower •ffletoJ Despair' JssttftodT... tiseeaat rate 12 CROSSWORD t, TV AND RADIO t, WHERE TO WINE
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      Page 1 Advertisements Column 4
      240 1 I ..=/r/ Internationally recognised as trend-setters. Leader...page f VIETNAM Can Asean and Vietnam co-exist peacefully? .:li 3rd Quarter 1980 Asean's most immediate external threat is now Vietnam The Vietnamese invasion of Kampuchea early last year, following the faM of Saifon m 1975, has raised Asean concern about Vietnamese ambitions in
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  • TRADE AND INDUSTRY
    • Article
      New brickworks coming up soon
      393 2  -  PRODUCTION BY YEAR-END By SIOW LI SEN A TAIWANESE, a Singaporean and a few Brunei nationals will soon set up a factory in Singapore to produce bricks. Called Bee Seng Brickworks and Ceramics, the factory is expected to begin production by the end of this
      393 words
    • Article
      Raising office efficiency
      218 2 GOOD office lay-out can contribute as much to efficiency as sound factory layout. But whereas factory lay-outs often receive attention, office lay-outs are much neglected. To help direct attention to office lay-outs, the Singapore Institute of Management will be conducting a seminar called Planning Better Office Lay-outs
      218 words
    • Article, Illustration
      PRINTERSTAR
      110 2 BEHN Meyer, sole agent for Printers tar, an automatic colour photo-printer, has sold 14 units to photo-labora-tories since the introduction of the machine this year. Priced at about $26,000, Printers tar is fully automatic and can print colour negatives of 13 by 17mm to 6 by 9cm sizes and
      110 words
    • Article
      MEMO PAD
      242 2 SEMINARS AND COURSES Jan 8-9: Finance For NonFinancial Managers, Price Waterhouse Associates Jan 10: Modern Secretary's Workshop, Waterloo Centre, Personnel Organization Development Jan 10,17,24: The Secretary in Management Today, SIM Conference Room (3rd floor, Thong Teck Building), Singapore Institute of Management Jan 12-13: Systematic Staff Selection, SIM Conference
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    • Article
      Conference will promote exchange of ideas at Medic Asia
      338 2 A THREE-day conference will be held in conjunction with Medic Asia 81, an exhibition of medical and hospital equipment. The conference is scheduled for Jan 30 to Feb 1 and the exhibition from Jan 27 to 30. The conference will concentrate
      338 words
    • Article
      VITB English lessons
      106 2 THE Vocational and Industrial Training Board will start a second intensive English language course for GCE *0' level school-leav-ers. This follow the success of the first course held last year. A survey carried out by the board shows that eight out of 10 students who took the
      106 words
    • Article, Illustration
      HEWLETT STIFFENS COMPETITION
      325 2 HEWLETT Packard is introducing its business computer in Singapore this month. The computer, called the HP 3000 Series 44, will compete with IBM's 4331 Group 2 and Wang VS 100. "We believe that it will quickly be seen as a strong distributedprocessing competitor in the class of
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    • Article
      Tourist industry stays buoyant
      561 2 SINGAPORE'S major tourist markets maintained healthy growth rates last year but growth rates of some less important markets* rose sharply to reach up to 41.4 per cent. Visitors from France fell 5.8 per cent and those from Russia and Eastern Europe decreased 4.3 per cent. But
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    • Article
      Perak tyre factory
      266 2 PERAK will soon have it£ first tyre factory. To be established by Kumamoto Tyres and Rubber, the factory will produce motorcycle and bicycle tyres. The factory, with investment of $2.5 million and to be sited at Silibin in Ipoh, is expected to employ about 300 workers. It
      266 words
    • Article
      Keeping abreast of developments in computer software
      414 2 B R PASCOE and Associates, a company offering computer training and software, is organising two seminars this month for computer professionals and senior managers. "We are concerned with providing a consistently high level of training throughout the year. There have been developments in
      414 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      232 2 TOURS 2K32S- 1 <r< Supt Supff s6P oiWOHeft SUPREME USA Canada/All-America West Coast/Mexico/Hawaii/ Hong Kong (Imperial Banquet) 16 Days S $3090 (Inclusive of USA domestic flights) Departures: 5 7 February 1981 Vancouver Seattle Las Vegas Los Angeles Hollywood Disneyland San Diego Tijuana San Francisco Honolulu Hong Kong (Imperial Banquet) •FREEI
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    • Advertisement
      Page 2 Advertisements Column 2
      29 2 ROGFLOOR Resin flooring many times stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. BATIK A Battfca Singapore Pie ltd tei: *****44
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  • REGIONAL
    • Article
      Lock icon Marcos expected to lift martial law on Jan 17
      352 3 UPI PRESIDENT Marcos of the Philippines is expected to lift martial law on Jan 17, a day considered auspicious, official sources said yesterday. The Manila Bulletin bannered a story yesterday, saying Mr Marcos will end martial law by mid-Janu-ary. The People's
      UPI  -  352 words
    • Article
      Lock icon Libyans convert embassy to bureau
      244 3 Reuter AFP THE LIBYAN Ambassador to Malaysia has returned to Tripoli and the embassy in Kuala Lumpur has been converted to a bureau by a five-man "people's committee." The change was announced at a press conference by Mr Ali Suleiman Alaujali, leader of the committee
      Reuter; AFP  -  244 words
    • Article
      Lock icon Saudi investments
      146 3 AFP SAUDI Arabia, which has the largest oil money holdings among oil-producing countries in the Middle East, has decided to invest in the Japanese stock market. The Yomiuri Shimbun, quoting international monetary sources, reported on Monday that the Saudi Arabian Monetary Agency (Sama), the country's central bank, has
      AFP  -  146 words
    • Article
      Lock icon Philippine miners ordered back to work
      234 3 Reuter ABOUT 6,500 striking mineworkers employed by the biggest gold producer in the Philippines, Benguet Corporation, were ordered back to work by the government yesterday as Labour Minister Bias Ople took control of the dispute. Labour ministry officials said two of Mr Ople's staff
      Reuter  -  234 words
    • Article
      Lock icon Australia eyes KL contract
      131 3 Reuter A CONSORTIUM of Australian companies is being formed to tender for a contract to construct a MJ6SO million base for the Malaysian government. The managing director of Australian Overseas Projects Corporation (AOPC), Ken McKechnie, said the AOPC is co-ordinating the formation of the consortium. The
      Reuter  -  131 words
    • Article
      Lock icon India loses US$250m World Bank credit
      701 3 NYT INDIA appears to have lost a US$25O millkn World Bank credit (or the construction of much-needed fertiliser plants because of a controversial Cabinet decision to replace an American consulting company selected by engineering experts. There have been suggestions in the press and Parliament
      NYT  -  701 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      114 3 I When Elegance Meets Simplicity In Style lltl vV^ o m Our new partially opened executive Hotel is a subtle expression of magnificence in architectural and aesthetic design. And, our entire concept flows naturally from a management and staff team who believe that service is beautiful and extends beyond a
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      Page 3 Advertisements Column 2
      447 3 KB The SGV Group Professional Executive Recruitment Services Our client, a major joint venture amongst leaders in the glass mould making and foundry industry, seeks an experienced and aggressive executive to assume the position of: GENERAL MANAGER Up to 5565,000 p.a. plus company car Reporting to the Managing Director, the
      447 words
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  • RAW MATERIALS
    • Article
      Lock icon Disease may cut Indian rubber production
      237 4 Reuter AN outbreak of leaf blight disease is threatening to cut Indian rubber production by about 5,000 tonnes to 150,000 tonnes against the target of 155,000 tonnes for the current season (April-March), officials said. Rubber output in 1979-80 totalled 149,000 tonnes compared with 134,000
      Reuter  -  237 words
    • Article
      SOYBEAN
      185 4 SOYBEAN futures in Chicago on Monday ended near the day's lows, off seven US cents in old crop to up 2 3 in new, after trading in a 14cent range. Soybeans opened strong on light country movement and cuts in the prime rate by several New York banks. However,
      185 words
    • Article
      WHEAT
      235 4 WHEAT futures in Chicago on Monday closed on a steady note, down three to 4 3 US cents a bushel, trading in a 19-cent range in July. After opening higher on continued concern about weather conditions in the hard winter wheat belt, locals turned sellers, driving prices to the
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    • Article
      RUBBER
      290 4 THE market yesterday closed weaker with January One RSS buyers quoted at 277.50 cents a kilo, down 3.25 cents from Monday's close. The morning market lost 1.75 cents following Monday night's easiness in Singapore and London's weakness. Prices weakened about 1.50 cents during afternoon trading on some speculative selling
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    • Article
      RAS PRICES
      314 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 277 00 278.00N Int. 1 R.S.S. January 279.50 280.00 Int. 1 R.S.S. February 284.75 285.00 Int. 2 R.S.S. M 00 MOON UK/Coot 267.00 368.00N Int. 3 R.S.S. 20.00 266.00N UK/Coat 264
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    • Article
      SSR and SMR
      109 4 NOON SSI tig It and SMR p iricw ywUrdijr •laauirr r»om«ry (ForwtH Mtk) {Cirrni t Ml*) S8R20 Buyer# 1 feller. B*y*n Sollora (1-ton paiWt) 243.50 245 50N 245 50 246.506 SSR 50 MRELB <1 ton pnibt) 239.50 Fnbrury 241.SON 241J0 Muck 242 508 SMRCV (1-ton IHllM) 296
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    • Article
      Straits Tin
      93 4 THE STRAITS tin price Ih Penang yesterday nw 49 eents to MS3L7I a Idle, moving Into the International TIB Agreement's $22.74 to $35.47 range within which the buffer stock manager is required to be a net seller. Dealers said the rise was mainly attributed to the weakness sf
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    • Article
      CLOSING PRICES
      34 4 Rubber: Jan 6 Singapore: January: 277.50 cents (down 3.25 cents) Malaysia: February: 297.75 cents (down 3.25 cents) Tin: M 532.76 per kilo) (up 49 cents) Official offering: 186 tonnes (up 20.8 tonnes)
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    • Article
      Lock icon Thailand's rice exports
      126 4 Reuter THAILAND exported 2.75 million tonnes of rice worth US$95O million in 1980, about the same as in the previous year, the director-general of the foreign trade department, Bajr Isarasena, said. He told reporters the country exported 247,850 tonnes of rice in December. Officials in Bangkok believe
      Reuter  -  126 words
    • Article
      Produce exchange
      171 4 CHINESE Praises Exekii|e, Segspwe, sses rliiig price» per. IN kg yesterday. Cu iMt 41: Bulk fob $140.00 sellers, old dram (in second band dram) fob $152.00 seller», new dram fob $160.00 sellers. Cspea; Mixed (loose) $17.00 buyers. Pepper: Muntok white pepper fob Asta NLW $427.5® sellers, Sarawak white
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    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) CHI— yarn: China Blue Phoenix 20s unq; 32s 2,690, 40s 2,930 (per bale at 400 lbs). Pleee goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • Article
      RICE
      331 4 SINGAPORE: Yesterday's closing prices in SI per Idlo, 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 76, Special
      331 words
    • Article
      LONDON MARKETS
      944 4 COFTEE: Robusta futures yesterday cloned the morning steady at the higher levels with gains from Monday of £12 to £14 a tonne. Turnover was MO4 lots including four options and around 200 lots of cross trades. BUGAB: Prices of raw futures ended the opening call well up from
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    • Article
      PALM OIL
      108 4 THE Kuala Lumpur market ruled lower yester* day in fairly active trading on selling by refiners and expectation of a lower Chicago trend, dealers l said. In the central and southern regions, January fell Ms2o to $980 a tonne. The refined market remained featureless. C.I.F. North European ports,
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  • ASIAN STOCKS
    • Article
      Share prices close mixed
      550 4 TOKYO SHARE prices closed mixed yesterday in active trading as export orientated issues fell on profit-taking with caution to the steep rise of the yen against the US dollar. Chemicals, drugs, banks and heavy electric machines rose, dealers said. The market average shed 13.36 to 7,137.59
      550 words
    • Article
      Sydney
      246 4 CONTINUING demand in the oil sector n* indications of ieuewed oversea* interest, brokers said. JAN 06 Cents INDUSTRIAL8 A C I 235 5 A N 1 312 2 A. P. M 220 8 Ampol Pet 18SS B H P 1670 35 Bank NSW 304 4 Rnral 335 -5 Brambles
      246 words
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      Bangkok
      236 4 STOCK prices yesterday closed mostly unchanged in quiet trading, dealers said. The only rising shares were First Trust which rose 0.50 baht to 58.50 and Union Textiles Industry gaining five baht to 110. JAN 06 Bahu Axia Credit Asia h'lbrf Ayuthaya In* And Trust •1 unch Bangkok Investment Bangkok
      236 words
    • Article
      Manila
      103 4 JAN 06 Pesos i Arojr Mining .007 unrh Atlas Con A Atlas Con B. 31 unrh 0 Baguio GoM 006 unrh gf Benguel Con B BK Goodrich IS 10.50 1 -oi ZT CUCP 5 10 01 Inco B Landoil Lepanto B. .1450 unrh 0 Marinduqu** B II unrh if
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    • Article
      Selected indices
      51 4 FINANCIAL TIME8 INDUSTRIALS Monday 472.9«» Friday 475-3": Week Ago 470.0* DOW JONE8 AVERAGE INDUSTRIALS Monday *****-^ Friday «727«.. Week Ago 900.58 H.K.HANG 8ENG Tuesday 1004.08«. Monday 1500.91«. Week Ago 1408.74s» AUSTRALIAN INDUSTRIALS Z Tuesday 008 Monday 063 7* Week Ago ALL ORDINARIR8 Tuesday WOJ£ Monday 717.9T Week Ago
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      Hongkong
      347 4 THE overnight reduction yesterday in the prime rate by a major US bank caused the market to open weD above Monday's closing levels. Profit taking set in by mid-morning and the market became very volatile, finally closing on the weak side. Blue chips that have made largi gains recently
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  • Page 4 Advertisements
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  • OVERSEAS
    • Article
      Lock icon Thatcher names Nott as Defence Minister
      246 5 Reuter PRIME Minister Margaret Thatcher has named Trade Secretary John Nott as Britain's new Defence Minister and promoted John Biffen, an architect of her economic policy, to his vacated post. This is the first reshuffle of the 22-strong cabinet since the Conservative government took
      Reuter  -  246 words
    • Article
      Lock icon Prospects for fall in US prime improve
      565 5 NYT PROSPECTS for a drop in interest rates improved after the US Federal Reserve Board (Fed) announced a sharp drop in the nation's money supply and Morgan Guaranty Trust lowered its prime lending rate to 20 per cent, the lowest among major banks.
      NYT  -  565 words
    • Article
      Lock icon Republicans lose first battle in new Congress
      308 5 Reuter A NEW and more conservative Congress took office yesterday but Republicans trying to flex their political muscles lost the first battle on the economy. Trying to back up President-elect Ronald Reagan's pledges to cut government spending, Republicans in the House of Representatives
      Reuter  -  308 words
    • Article
      Lock icon Tokyo Round nations accept agreement
      164 5 Reuter TWENTY-SIX industrial nations and 19 developing countries have accepted one or more of the international agreements worked out in the Tokyo Round talks in Geneva to reduce non-tariff barriers to world trade. This was announced on Monday by the Secretariat of the General Agreement
      Reuter  -  164 words
    • Article
      Lock icon DC plane maker cannot be sued
      145 5 Reuter THREE US appeal court judges ruled that aircraft builder McDonnell Douglas could not be sued for punitive damages over the crash of one of its DC-10 Jets in the worst aviation disaster in US history. An American Airlines DC--10 dropped an engine while
      Reuter  -  145 words
    • Article
      Lock icon Drop in US car sales
      114 5 AP CAR sales of US car makers fell 22 per cent in midDecember compared with the same period last year, company reports show. The five major producers sold 151,616 cars, against 194,248 in the Dec U to 20 period of 1979. General Motors said its
      AP  -  114 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      597 5 eThe daily Aircraft Schedule has baan hald over bacauaa of preeaure of space..Flight information by telephone can be obtained from the airport (*****8) or from the respective airlines: BIA *****47/*****48, Garuda *****7, MAS *****2, CPA *****7, Qantas *****01, BA *****01, KLM *****1. YEO MAP SENG LIMITED (Incorporated in the Republic
      597 words
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      Page 5 Advertisements Column 2
      136 5 LIGHT VAN (Petrol) PANEL VAN pay load 825 kg. PICK-UP payload 970 kg. Q H Bi i i (i -1 E2200 PICK-UP (Diesel) payload 1,240 kg. M E2200 PANEL VAN (Diesel) payload 1,110 kg. B x in > E3OOO DROPSIDE (Diesel) payload a 2,500 kg. E2OOO DROPSIDE (Petrol) 2,500 kg.
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  • Article
    Lower interest is the corollary
    448 6 THE STANDARD and accepted figures of measurement in the world of finance occasionally require more than a cursory examination before they tell their tale. The current strength of the local dollar against the Malaysian ringgit at a time when there is a marked discrepancy between
    448 words
  • Article
    Japan must open up its market
    235 6 TAKING THE Asean region as a whole, there appears to be a healthy trend with a narrowing of the region's trade gap with Japan. But in the case of Singapore itself, the reverse has happened. This situation has come about because the Republic has
    235 words
  • Article, Illustration
    Lock icon True or false? allegation against Toyota
    904 6  -  The book, 'Toyota Factory of Despair', hits out at the "inhuman and murderous" working conditions of Japan's largest car maker. How far true is this accusation? "Pure fiction", retorts Toyota public relations chief Y Qoeolri MARIE-FRANCE ROUZE discusses this controversial issue. MARIE-FRANCE ROUZE AFP
    AFP  -  904 words
  • Article
    Lock icon Car sales slump hits Peugeot
    579 6  -  A question of bad timing? Perhaps it was in the case of Peugeot's takeover of Chrysler Europe, now called Talbot, two years ago. The car industry's sales slump has upset Peugeot's restructuring plans. As a result Peugeot is expected to incur a loss its first
    FT  -  579 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      344 6 ACQUIRE COMMERCIAL and PROFESSIONAL QUALIFICATIONS thrnnah J111:1: 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
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      12 6 BriStoW: Flank DickenS *X) DOHT Ofeß DOING U»TH soFiy PPn-mfcgP if 15
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1332 6 Documentary on energy SO HOW 4M tfcaader la the sharp trap la temperatarea. U wttk mm sMer ml. sUes lead to tke sahaeqaeat This hera Met the mtai lee Hit laept attempts discovery «f mm ef tke Age. A sahaeqaeat efcala «f tke ftgkt tfclag" fcssmnrsap warm emengy aa we
      1,332 words
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  • Article, Illustration
    Bonds lose out to equities
    2158 7  -  In spite of depressing economic and political events, such as the development of a recession, the Afghan crisis and the Polish strikes, almost all the world's main stock markets in 1980 managed to show substantial gains. The greatest bugbear was the sharp rises in short-term
    2,158 words
  • Article
    Lock icon No support from ethical drugs
    693 7  -  FOBOTU with I ROBERT METZ NYT SHARES of the ethical drug companies that have led the New York stock market for years have not participated in the strong bull market of 1960. The general market, as measured by an index of 3,200 stocks monitored by
    NYT  -  693 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      89 7 fte* 0 Vessel v«> 11-20, a i Mandarin by Radio lessons 21*30 ni hao ma? rftW oo^ v\<^ a Learn to Speak Mandarin Quickly wHhlhb easy-to-follow learning package SBC's "Mandarin by Radio" lessons recorded on sound cassette tapes together with companion texts in comprehensive books provide simple lessons for all
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        255 8 JAN 05 FYs CORBEILLE Air-Liquide B S N Gervais 483 -23 C S F (ThomsonCsl) Cie Francaise 390 243.20 -2 -4 9 Compagnie Financiere Compagnie Generaie Credit Fonder De France Hachette (Libratrie) Machines Bull Michelin (B) Paribas Pechiney Clgine Kuhlmann 365 388 340 50.80 847 235 85 30 126.20
        255 words
      • Article
        Frankfurt
        204 8 JAN OS Dm Aeg-Telefunken Akzo Alii Leben Allz Vers 74 50 1810 *****0 ***** "♦0.5 03 -50 10 BASF Bay H T Wtwnk Bay Vbank Bayer BBCBMW 124.10 210.00 296.50 ***** ***** 153 50 0.1 I 2.5 1.1 -13 Cassella C'hem Verw 310.00 230 00B unch Commerzbank ConU Gummi
        204 words
      • Article
        Brussels
        91 8 JAN 05 Frs FORWARD MARKET Ar#f 285 •5 1200 28 Astur 325 -13 Brascan 980 >2 Bru-Lamb 1002 2 Canpar 1164 unch Cock 150 -1 De Beers 322 4-2 Ebes 1570 -20 Electrobel 3190 -210 Gb-Inno-Bm 2005 unch Gev 1324 12 Hobok 2510 unch Retro 5000 -30 Ryl Dutch
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        Amsterdam
        70 8 JAN 05 FU 76.30 17.50 58 20 17.00B 198 00 56.00 29 40 Calve Delft 171.50 -0 5 210.00 28.30 64 00 Hagemeyer 26 30 -0.8 5250 14 20 28.50 Intn Muller 1490 0.5 KI.M 5700 National Ned ....m.... 119.20 0 6 Ned Seheepvaart susp 97 60 3.5 29
        70 words
      • Article
        Zurich
        188 8 JAN OS Francs Actions Suisses 2M 1 Alusuisse Br 1110 -10 Alusuisse Ref 442 unch Brown Boveri Br. 1400 5 CtUa Geigy Br. 1000 unch Ciba Gelty P C IK -S Ciba Gfigy Reg M0 J Credit Suisse Br 2725 25 Credit Suuae Reg 475 10 Elektrowati Br. 2580
        188 words
      • Article
        Milan
        102 8 JAN 06 Lire Anic 8 20 -0.2 Assoc Gen *****0 300 Basu>gi 773 33 Central* ?SW 4 TOO Flat 1820 -54 Pinsider .1 85 unch Gen Immob 2240 28 IFI Pii 3810 -38 iLaicementi ***** •700 I Lai gas 1615 3 Iuisider 300 Magneti M P( 620 unch Marelli
        102 words
      • Article
        TORONTO
        155 8 MM e» »>- AWUto fe lr1 W uacfi 4I«|KU m BUM MODI n 0»«» N<*m SDMM Q B»U Te« I* i Cwnw M lui «il gi, Ou In,, |H jy Cunym* o. r»» V( 9 Caniiit O K«r(* CoMtinoti 7X 'i OOH BaWi b*. C«o J lwito j biniMD
        155 words
      • Article
        JOHANNESBURG
        226 8 JAN <■ K»nd mf. iNDtSTHIALS AJptu Abvfooro *e And ct AMIC ♦40 ■A *1 MM« iiau a r'l*""'' 1 I'Mrrt* hn«» t* Umii Ims rum x» tt (Opn a Cwf«MJ Kwl Vo* rujn (MM «o SOU •~ti OwoilU Cntmn MB -3 Hlrvk* 00 MUM-IU tare. JLJtaeru Unnrto i-TA V
        226 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      172 8 Where to wine, dine and entertain Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. Restaurant Lounge 10.30 a.m. to 10.00 p.m. DOLPttN CAFETERIA Apollo Enterprises Ltd 119,15t floor, World Trade Centre/ w y/^7 <j n ►ro If you want a speedy lunch in style.. if s time you
      172 words
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      Page 8 Advertisements Column 2
      110 8 For banquets. For conventions. For other functions of flawless finesse. unctions for up to 2SO guests •International menus to choose from •(Complete range of audio-visual equipment m Amp!e parking space A V(.B> Ihirk Slh'i-iiloii SHERATON HOTELS AND INNS V.ORLDWIDE M -v LUNCH Hors d'oeuvres trolley Roast prime rib of beef
      110 words
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      Page 8 Advertisements Column 3
      171 8 -}::=>:)^]'][^@.>__~/<%!}}^^=@( Feast like an emperor at Chinatown 5P -SV 0i V I 1 bW- >•% j +i mf- v K J 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
      171 words
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      Page 8 Advertisements Column 4
      100 8 OGGGQ Inn Of Happiness .#*>* A m 3 4 iT»S %Xas6ciß» Featuring PETER KARRIE FOCUS TWO I JAN 9 29 from LONDON bftttntoarfaa For information and mtrvMlom. plfM call the Shows/ Restaurants Reservation Counter. Tel *****11 ext 721. King s den presents Ailee Hayashi )umst Come and be captivated by
      100 words
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      Page 8 Advertisements Column 5
      126 8 as good as going to Bangkok. ■V -tfc This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table. It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant ixxpn
      126 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      461 9 THE US dollar yesterday strengthened marginally against all major currencies with the exception of sterling. Trading was moderate with no fresh factors affecting market sentiment. The dollar continued to firm against the yen despite a 250 million yen increase in Japanese monetary reserves. From an opening of 199.00/10,
      461 words
    • Article
      TOKYO
      168 9 THE US dollar for overnight delivery closed firmer at 199.60 yen, compared with a 199.00 opening in Tokyo and 196.90/199.10 closing in New York on Monday, after strong central bank dollarsupport intervention. leading volume was an active and heavy $1.13 billion. Following the determined central bank intervention, the dollar
      168 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 14.3 per cent.
      22 words
    • Article
      ASIAN $ RATES
      178 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Jan 6: US DoUar«<8pot) Offer M 7 days 19% 10 Vi 1 month 185/18 18 3/16 2 months 17 5/18 17 3/18 3 months 18% 18% 6 months 15 v« 15% 0 months 14 15/1814 13/18 12 months 14%
      178 words
    • Article
      Discount
      43 9 RANGE <rf price* offered by discount house* on Jan t: Overnight: 7W% Call deposits. «H* to 7U« Closiac B«yia«Mttac 3-month Treasury bills 8H 6H 3-month Bank bills 1315/1613 3 months CD 13Vk 13 6 months CD 1213/1« 1211/16 Source: National Discount Co
      43 words
    • Article
      Frankfurt
      40 9 FRANKFURT exchanges opening quotes on Jan 6: US 1.9308/18 (1.9420/35) Stg 4.689/695 (4.675/685) Can —1.6205/24 D F1 92.00/10 S Fr —110.25/40 Lit 2.106/12 F Ft 43.12/22 N Kr 37.68/73 B Fr (con) 6.207/15 B Fr (fin) 6.194/204 Yen 0.9890/9710
      40 words
    • Article
      New York rally
      893 9 THE NEW YORK stock market on Monday scored a powerful gain in heavy trading on encouraging money supply news and another prime rate cut. Blue chips and growth stocks led the advance. The Dow Joops industrial average climbed 19 points and advances tod declines nearly three to
      893 words
    • Article
      LONDON
      234 9 THE DOLLAR yesterday continued its decline against most currencies at an active opening, falling nearly one pfennig against the deutscbemark and 13 US cents against sterling from Monday's closings, dealers said. A fall of Vi point in Eurodollar interest rates from Monday's closing spurred dollar selling. However, the dollar
      234 words
    • Article
      HONGKONG
      155 9 THE US dollar recovered slightly in active late exchange trading yesterday to stand at 199.40/50 yen after opening around its New York closing midpoint of 199. Profit-taking and active Bank of Jdpan intervention in Tokyo helped the dollar break out of its recent slump against the Japanese currency. Elsewhere,
      155 words
    • Article
      GOLD
      338 9 SINGAPORE gold futures yesterday cloaed generally firmer on some local buying interest influenced by higher overseas gold prices in light trading, dealers said. Total sales (or the day was recorded at 95 lots while volume (or kerbs was at 78 lots with interest mainly centred on February and April
      338 words
    • Article
      MORE BANKS RAISE PRIME
      181 9 THE INDUSTRIAL and Commercial Bank (ICB) led yesterday's round of prime lending rate increases when it announced a one-point rise (to 14 per cent) in the rate it charges its best customers for loans from today. Oversea-Chinese Banking Corporation (OCBC) and the Bank of China are
      181 words
    • Article
      Lock icon Yen rise could lead to cut in discount rate
      384 9 Reuter THE PRESENT strengthening of the yen against the US dollar wfll probably lead to an early cut in the Bank of Japan official discount rate (now 7.25 per cent). This is the view of Industrial Bank of Japan senior adviser
      Reuter  -  384 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      83 9 TALK OF THE TOWN Thank you for coming, Please come again. Also cater for parties, picnics, dinners, birthdays, weddings and packet lunches. TAJ FISHHEAD CURRY Why go far, TAJ FISHHEAD SPECIALIST is now in town at Asia Chambers. Prepared By Experienced Cooks. FISHHEAD CURRY CHICKEN BERIYANI CHICKEN CURRY MUTTON BERIYANI
      83 words
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      Page 9 Advertisements Column 2
      87 9 a >5 *7 u <*■ iV. V V s** <? s. 9 t I A Se oa DO Occupation: Address: Enclosed please find my postal order/cheque no: —-for $161/- as complete payment for a year's subscription to Business Times. Please arrange to have the fret issue delivered on Business Times
      87 words
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  • Article
    BUSINESS DONE ON THE SES AND THE ELSE
    1694 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Allied Choc (1
    1,694 words
  • Article
    Unit trusts
    163 10 SINGAPORE UNIT nt()E IT MJMONTiMJ (Mmiin'irtwtejM The Commerce 3.2? 1) (Mnum'pHew 1.44 Uatoo Spore Fund tar Am Law 1> LM* The Sivtaga Fund LIT L«7 INCOME BON 0 UNIT S'pore Prog Fund 1.42 1.41 (Carnal at lM) LB iniai S'pore Sec. Fund 2.13 2.36 Income Bond 1.42 S'pore
    163 words
  • Article
    SHARE INFORMATION SERVICE
    2769 10 Gr"» Gr*a Net 1980/1081 Last DW D1t Y*Id P/B Vol Day High Low Company Sale +or- Crr (•000) Higk Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Ac ma 320 15.0 2.8 4.6 126 300 220 Alcom 300 12.0 2-5 4.0 174 149 116 Allied Choc 130cd unch
    2,769 words
  • Article
    In Kuala Lumpur
    1708 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number o( shares traded shown in brackets in lots of 1,000 units, otherfm m rfci ft a r| wise specined. «DURBUUI •f illlS (174B) (1) 174 Ala
    1,708 words
  • Article
    COMPANY BRIEF
    37 10 IN REPLY to the Kuala Lumpur Stock Exchaafe'i query, liiU-M«lk;ilt Textfin has replied that it does not know the reason for the share price's recent runup, and that there are no other matters of importance
    37 words
  • Article, Illustration
    Confident buying returns
    607 10 MILD poill lallag emerged la suluutliu BiMtuo la the tftenmo, eaaslag *no prtoee to elsee tO their day's best at the fltafßpate steeh aoarhet yesterday. Bat everall, galas still eataambered tossss VI to M at the etoee. Baylag oappsrt was eni^MhhUMhl, ad tta^STEvtogaaaiity «as very geed" as
    607 words
  • Article
    Prices pushed higher in KL
    598 10 AFTER Monday's erratic turn, the Kuala Lumpur stock market rallied encouragingly yesterday on the emergence of some buying interest. Support was visible particulaly for industrial blue chips and glamour stocks which apparently found new favour with investors. The majority of these counters were well traded
    598 words
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  • COMPANY NEWS
    • Article
      Sembawang Shipyard highly recommended
      526 11 W 1 Market Talk... PRE-TAX trading profit at Sembawang Shipyard for the year ended Dec 31 is likely to reach a record high of $95 million, forecasts local stockbroking firm JM Sassoon. On the strength of this and the group's future prospects, the firm has strongly
      526 words
    • In Hongkong...
      • Article
        Lock icon AFTERNOONS STILL OFF
        292 11 Reuter THE Ceucll ti the H«agkMg FederattM ml Stock Exchanges has decided to retain the 9.30 am to 12.30pm local trading hours on the four exchanges, but the position will be reviewed on Feb 9, Mr Richard Witts, secretary and general manager of the Hongkong Stock Exchange,
        Reuter  -  292 words
    • Article
      Cost pressure worries Malayan Breweries
      654 11  -  By KOH TSE YING MALAYAN Breweries will have to contend with higher costs in the current year. Although its latest results testify to a profitable year in the txewery group, margins have again come under pressure and to alleviate the problem, it has to devote
      654 words
    • Article
      Castlefield still waiting for housing approval
      644 11 CASTLEFIELD Development, the new Joint-venture company owned 30 per cent by Castlefield (Klang) and 70 per cent by Kumpulan Syed Kechik is still awaiting approval from the relevant authorities to proceed with its plans to develop its 1,900 acres Castlefied estate into a housing
      644 words
    • Article
      COMPANY BRIEFS
      219 11 YEO fflap Seag (Malay**) has replied to the Kuala Lumpur Stock Exchange that an improvement in profit for the year ended Sep 30, 1980 will depend on the company's ability to adjust its selling prices to reflect the current cost trend. YHSM, which recently proposed a one-for-two bonus
      219 words
    • Article
      DIVIDENDS ANNOUNCED
      436 11 Carreat Payment Ex Date Books Cloee DaU Payable Total for Total for the year Previous year Allied Choc Berfontai Boas te ad BouUtdeo c*c CCM C Butn ChiaTeek D Ktrtail PAN Hong Leoag Credit J Cement Ktaaitiag Kern a 7 as K Laajwt K Kampar Kali* Mala M
      436 words
    • Article
      SCRIP ISSUE
      246 11 Co Hip* By Part lev la re Ex Date Books Close Alcoa API C«C HLNMM Hotel Royal K Gui Floor M Btiklmc Pegl Mela Bak»aa Hydraalie Buy* lad SEAL 8kaa(rl-la 8 T P19TB Tlasea Pub TBI(M) Proposed rlghu Issue oflforl m $1.70 per share Proposed rlghu usue of
      246 words
    • Article
      Seal goes ahead with plans for expansion
      430 11 AT A time when most timber companies are severely affected by difficult trading conditions, South East Asia Lumber (Seal) appears to have fared reasonably well and is going ahead with its expansion plans. It is increasing the plywood production capacity of its six-month
      430 words
    • Article
      United Malayan affected by lower margins
      280 11 UNITED Malayan Flour Mills has reported flat earnings on higher sales for the year ended July 31, 1980. Group pre-tax profit was maintained at $2.62 million against $2.63 million previously. However, the latest figure compares favourably with the profit decline in the last two
      280 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      439 11 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia OH Directory 1980-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve all sectors of the oil industry. It is the most comprehensive and in-depth coverage
      439 words
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      Page 11 Advertisements Column 2
      100 11 Every business has its share of VIP guests. What better way of telling them they're important than by greeting them in a chauffeur driven Jag? Unless, of course, you'd prefer the thrill of driving one yourself. So next time you have a VIP guest, impress him. The Jaguar eries 111.
      100 words
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  • Article
    Chinese arrive to look at heavy machinery
    263 12 A TEAM of Chinese officials arrived in Singapore yesterday to view heavy agricultural machinery. The officials are from the Guangdong branch of the national native produce and animal by-products corporation. The trip is sponsored by Mekasindo International, an Indonesian-Singaporean Joint-venture company dealing in
    263 words
  • Article
    Lock icon Tin pact likely to be extended 12 months
    154 12 AFP THE Tin Council in London is likely to agree on a 12month extension of the International Tin Agreement next week. The time between the final discussions on a new agreement, scheduled to take place in Geneva between March 9 and 27,
    AFP  -  154 words
  • Article
    Lock icon Australia blocks sale of gold nugget
    139 12 Reuter AUSTRALIAN officials yesterday refused permission few a huge gold nugget to be sold to a Las Vegas casino. Cyril Kovac, agent for the anonymous couple who found the 27.2 kg nugget three months ago, said it had been sold to the casino for
    Reuter  -  139 words
  • Article, Illustration
    Lock icon Court dismisses Tarling's appeal against conviction
    381 12 Reuter THE Court of Appeal yesterday dismissed an appeal by British businessman Richard Tar ling (above) against conviction on charges of violating Singapore company law. The Judgement, given by Chief Justice Wee Chong Jin on behalf of the threemember court almost nine months after
    Reuter  -  381 words
  • Article
    Lock icon Japan urged to trim discount rate
    537 12 UPI Reuter A TOP Japanese economic official said yesterday Japan should reduce its official discount rate to check the yen's sharp appreciation. Mr Toshlo Komoto, director-general of the Economic Planning Agency, said, "the current sharp appreciation of the yen is beyond the might of
    UPI; Reuter  -  537 words
  • Article
    Lock icon US urged to secure military facilities in Middle East
    449 12 AP FORMER US Secretary of State Henry Kissinger has urged the US government to acquire military facilities in the Middle East as a warning to the Soviet Union against further penetration into the region. An air, naval and specialised ground force
    AP  -  449 words
  • Article
    KL contractors to meet finance minister
    285 12 BUMIPUTRA contractors are meeting the Malaysian Finance Minister, Mr Razaleigh Hamzah, to ask for a 35 per cent increase in payment on all existing contracts between bumiputra building contractors and the public sector undertaken since 1977. The president of the Bumiputra Building Contractors Association,
    285 words
  • Article
    Asean studies call for uniform cement tariff
    178 12 THE Asean governments are seriously considering the application by the Asean Federation of Cement Manufacturers to standardise import tariff for cement. The manufacturers have asked for a uniform rate of 5 per cent, Vice-president of the federation Azmi Khalid said in Penang. At
    178 words
  • Article
    Lock icon Asean trade deficit with Japan narrowing
    307 12 AFP ASEAN was the major trading partner of Japan from 1975 to 1979. Total trade during the five-year period posted a record growth of 110.92 per cent or US$l3.6 trillion to reach $25.9 billion. Based on the latest Japanese customs clearance statistics issued by
    AFP  -  307 words
  • Article
    Lock icon Jakarta surplus
    105 12 AFP INDONESIA'S foreign trade is expected to yield a surplus at US$6.B billion in the 1900/81 fiscal year, an increase of $1.87 billion over 1979/80, the Indonesian trade ministry said yesterday. The increased surplus is due mainly to higher oil and gas exports which are i estimated to
    AFP  -  105 words
  • Article
    LONDON STOCKS
    785 12 LONDON, Tuei. Share price* opened mixed in quiet trading. Industrial leaders were mainly a penny to 3p either side of last night's closing levels, where changed. Gold mining shares tended (Inner following the gains in the bullion price with heavyweight issues up to 300 cents higher. Amgold was
    785 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      151 12 USA REAL ESTATE INVESTMENT CONDOMINIUM CONVERSION GROWTH AREAS CALIFORNIA TEXAS ILLINOIS INCOME PRODUCING ATTRACTIVE OPPORTUNITY FOR ASIAN INVESTORS DESIRING DIVERSIFICATION OF ASSETS MINIMUM INVESTMENT U5552,500 CONTACT T SEA-TRACT P.O. BOX 707 SINGAPORE 9119 OR TELEPHONE 293-1578 FOR INTERVIEW OF SUB-CONTRACTORS Sembawang Engineering is an internationally reputed Compony engaged in the
      151 words
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      Page 12 Advertisements Column 2
      238 12 GOOD ENGINEERS AREN'T HARD TO FIND. People tell you good engineers are hard to find. But if you contact Tekniskil, youH find out how wrong people are. \Afe can supply you with specialist local or expatriate engineering personnel for maintenance, installation, construction, design and special projects. This way when you
      238 words
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      Page 12 Advertisements Column 3
      2 12 Leader—page I
      2 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 WEftT:HER; Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy with showers in several places. Report for 24 hours prior to 7J9 p.m. on Junary I »t the airport. Maximum temperature 30.7 Associated humidity 71 Minimum temperature 23.2 Associated humidity 96 Hours of sunshine 6.05 Rainfall in millimetres
      64 words
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  • SHIPPING TIMES
    • Article
      P&O's Ulster Queen crew on strike
      194 13 fi THE Peninsular and Oriental Steamship Company (P 4 O) has cut off electricity supplies to its Liverpool-Bel-fast ferry Ulster Queen, which about 40 strikers had been occupying since last week. The seamen were protesting against the company's decision to close the England-Northern Ireland
      194 words
    • Article, Illustration
      Marinetex to represent A. Toepfer in M'sia
      413 13  -  By G DURAIRAJ MARINETEX Enterprise, the Port Klang-based shipping agency is to represent the Hamburg-based Alfred C Toepfer Line in Malaysia when it resumes its timber break/bulk service between Europe and Straits ports. The German operator plans to resume the monthly service in
      413 words
    • PORTSIDES
      • Article
        Lock icon Tanker explosion
        125 13 UPI A TANKER being loaded with gasoline exploded in flames yesterday, killing two people, Japanese authorities said. A third person was still missing hours after the 197-ton No 5 Howa Ma.ru, docked at Kawasaki, just south-west of Tokyo, burst into flames at 7.16 am (2216 GMT), police said.
        UPI  -  125 words
      • Article
        Lock icon NYK-Brostroems pact
        58 13 Reuter NIPPON Yusen Kaisha (NYK line) said it has reached agreement with Brostroems Rederi AB of Sweden to join its shipping group, Crown Carriers, to transport petroleum products between Europe and the Caribbean and Europe and the Mediterranean. NYK said its new 35,940-deadweight-ton carrier, Great Promise, will soon
        Reuter  -  58 words
      • Article
        Lock icon Surcharge deferred
        29 13 Reuter CONFERENCES covering trade between Europe and India said they decided to further defer the implementation of a five per cent freight surcharge until Jan 19. Reuter
        Reuter  -  29 words
    • Article
      INDEX TO ADVERTISERS
      553 13 tewing *0 1 fcfrfcnr l» 1 AA* VT 1 Noo V 1/1 riotu Um V 1 'wlu* YJ S VT AUuv» VT 1 rnaroOil* III </S rvatk WW«" VT Mv VI C vn VI 4 r*U»"w» vi j M*| VII 4 AM. 1 I Aatatt VtS 4
      553 words
    • Article
      Container Schedules
      874 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 P. Roosevelt 85 7.1.81 1800 APL TA 6 TT Simba 045 7.1.81 1300 Barber 50 VC Australian Enterprises ***** 7.h81 0700
      874 words
    • Article
      LONDON FREIGHTS
      1140 14 FRESH charterage was again very slow to develop in most sectors of the freight market on Monday but limited fixing was seen for grain cargoes out of North America at steady rates. An unchanged US$25 fio was paid from the US Gulf to Carthagena for December/January, and $23
      1,140 words
    • Article
      SHIPS IN PORT
      481 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Builder E (1500) 22 Bunga Melor (0530 shifts after Neptune Cyprine shifts UTM/L) 31/32 Bunga Mas (1000) 45A Barber Priam (ro/ro) (1000 after Bunga Melor shifts Bai Pao unberths) 46/47 Centaur (Passenger) (1800 after Halle) 33/34 Golden Globe (0530 after King Pearl
      481 words
    • Article
      Patchy performance forecast this year
      649 15 A PATCHY performance by maritime markets during 1981 is forecast in a turn-of-year review published by the Bremen Institute of Shipping Economies. The rate of growth in seaborne trade is likely to slow down in parallel with overall economic developments. For 1981, says the institute,
      649 words
    • Article
      Lock icon Tanaka for talks on second Panama Canal
      171 15 UPI JAPAN'S Minister of International Trade and Industry, Rokusuke Tanaka will discuss the construction of a second Panama Canal allowing the passage of 100,000-ton class ship 6 when he meets with Panamanian Head of State Aristides Royo during his visit of four American
      UPI  -  171 words
    • Article
      Yard studies energy saving engine
      437 15 EVERY percentage point of fuel saved on the operation of an 80,000 tonnes deadweight tanker could save the owner £10,000, says a Swedish shipyard. Looking into energy saving in diesel engine propelled vessels, Uddevallavarvet of Uddevella studied both the 80,000 tonnes tanker and one of
      437 words
    • Article
      Small increase in S'pore sea trade
      931 15  -  By JAN LEE TOTAL seaborne cargo handled in Singapore ports in the first ten months of 1900 showed a marginal increase of 3.2 per cent over the same period in 1979. From January to October 19». a total of 67.09 million freight tonnes of
      931 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1076 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 oif three weeks. PN
      1,076 words
    • Article
      Lock icon Dry cargo shipping trades will remain 'basically firm'
      330 20 AFP THE dry cargo shipping trades will remain "basically firm" until early summer and will continue to derive their main support from grain activity, Jardine Matheson, London-based tanker brokers, predicted in their latest freight market report. "The key factor will be the
      AFP  -  330 words
    • Article
      Lock icon FE charterers help to enliven market
      713 20 WEEKLY FREIGHTS AFP FAR Eastern chartering helped to enliven the quiet holiday conditions on the freight market over the past two weeks. Rates were somewhat irregular. Immediately prior to the long Christmas week-end, Soviet charterers were reported to have fixed a 39,000 tonner for
      AFP  -  713 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 Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines.
      136 words
    • Article
      Record ship losses in 1979
      159 20 SHIPPING losses due to accidents in 1979 broke all peacetime records and last year appears to have been no better and possibly worse, Lloyds of London said. However, Lloyds has not completed tabulating last year's losses. The Maritime Insurance Organisation reported that 2.21 million gross
      159 words
    • Article
      Shipping Events
      123 20 UNDERSTANDING Investments la Shipping Jan 18 24, Madingley Hall, Cambridge. A Sea trade Academy management training programme. Contact: Seatrade Academy, 90, Hills Road, Cambridge CB2 ILQ England. Telex: *****3 Sea Ed G. Marine and part teehasl •gi«s a toak Into the fatare Feb 10-13, an international conference in
      123 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      301 13 Everett Linesl for thi most Pcqucmt sailings to BANGKOK HONG KONG JAPAN BUSAN CHITTAGONG CALCUTTA CHALNA RANGOON BUtNOS ARES MANZANILLO ACAPULCO Everett Steamship Corpn. S/A Clifford Centre Singapore 1 Tel *****/9 36. Beach Street. Penang Rm 36 103 OCBC Btdg TH *****/3 Port Ke<a«ig Agents SOCSMP CO BHD Tel *****1/8
      301 words
    • Advertisement
      Page 13 Advertisements Column 2
      272 13 OSEALORDO UASC UNITED ARAB SHIPPING CO (SAG) iiYal'ifllkl EXPRESS MULTI-PURPOSE SERVICES ircui Accepting Breakbulk onl ALFATEH V.21 BN RUSHD 30/1 Kuwait (10/2) Shuaiba (12/2), Damman (14/2). V.31 Doha (16/2) Abu Dhabi (18/2), Dubai (20/2) FULLY CONTAINERISED SERVICE I S'pore Loading tor In Port Dubai (15/1), Kuwait (17/1), Dammam (20/1). Mina
      272 words
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      Page 13 Advertisements Column 3
      16 13 Mas CONTAINER Schedules LONDON Freights SHIPS In Pert SHIPPING List REGIONAL Weather WEEKLY Freights SHIPPING Events
      16 words
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      Page 13 Advertisements Column 4
      440 13 (Soles Services) AGENTS DtSTKBUTORS STOCKISTS. Deck, Engine, Provisions Dry Frozen, Bond Galley Suppliers. Add 463, Mocpherson Rd. S pore 1336 TEL: *****21 <10 lines) Office on the wire *****11 (24 HRS) MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS 10-11/1 17-11/1 24-25/1 31-1/2
      440 words
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      Page 14 Advertisements Column 1
      795 14 MALAYSIAN INTERNATIONAL SNIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE N» Accepting f er: 1) Barcelona. Genoa.'2) Amsterdam Antwerp. I Havre. Bilbao Basle. UK. 3) Bremen, Bremenhaven. Aarhus. Copenhagen Helsinki 4) Malmo.
      795 words
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      Page 14 Advertisements Column 2
      343 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA rt M«t Ma T3TOK CM Mm Sa«h Ontn ram N Yak NvM Mm St Mm K<H Hm* HMD SM M/l 11/1 75/2 3/3 9/3 7/3 9/3 11/3 12/3 13/3 14/3 21/3 24/3 BMSDt fIUMI 7-7/1 31/1 C/ 2 1/2
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      Page 15 Advertisements Column 1
      690 15 Overseas I Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok umuasm same to mk/conwoemt: Ita Sport PJlataag D'mart Kisufi Mara 10 tM 12 tw 3 Fib Larp Bar 21 taa 22 ha 12 FA Kmrtean Bay 27 taa 29 taa 19 FA
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      Page 15 Advertisements Column 2
      352 15 I E Franco Belgian Services (Fir Fat' Frmch Service irith Btljian tar Fusti rr. Ltnes iCI CONSOBTH m SEAPAC CONTAINER SERVICE Singapore FNOUIRIES *****44 CFS *****4' Tnmtnii Optorg Shipping Pte. Ltd. Kuala Lumpur *****3 Port Ketang 7001 2 Pataimg Jaya *****3 Parang ***** EL M A Ag»ntt SIN(.*PORt Ar>g>C French
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      Page 16 Advertisements Column 1
      622 16 rHapag-Uoyd TO MTN EUROPE EXTORTS TO W»TM EmCTt/HDnamgA/ Sport PR 29/1 31/1 22/7 Pen Bilbao Genoa tfberf B'haven Rdam Antwerp 3/2 4/3 25/2 14/3 12/3 9/3 7/3 24/2 25/3 19/3 5/4 3/4 30/3 28/3 to ica/canmm Feeder Varp Bjj Bar Eke Exams ,7£L •connect in Kaoshiung *cor»n«ct in Tokyo (CARGO
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      Page 16 Advertisements Column 2
      561 16 JLII*E KOREA ZZ° VEGA 155N to I VEGA 156 C hi Port P. Keiang PENANG STORE 1/10 lan FROM BUSAN BANGKOK 1/10 Jan TO BUSAN ALTAI 159W 1115 lan 18-18 Jan 19-23 Jan FROM BUSAN BANGKOK ALTAR 160E 11-15 Jan 18-11 Jan 19-23 Jan TO BUSAN KSC KSC KSC KSC
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      Page 16 Advertisements Column 3
      489 16 EVERGREEN LINE fAR [AST EUROPE EXPRESS EULI CONTAINER SERVICE ACCEPTKG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTEROAM ANTWERP LE HAVRE ALSO ACCEPTKG CARGO FOR: UNTTED MNGDOM SOUTHAMPTON. LONOON. MANCHESTER. BMMMGHAM. BRISTOL. LIVERPOOL, GLASGOW. LEEDS WEST GERMANY HOLLAND AMSTERDAM art M Nm*>| MMa FMm UMm I W»1 1/02 1/02 M 2 7/02 Ewip
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      Page 16 Advertisements Column 4
      746 16 Everett Lines/ fk B«nM Hva Star Sliippin Ccrpn. Bk "BURMESE NATIONAL LINE" LOAOMG FOR RANGOON fa** tawi PPWB2/e» ta mm i/uim 21/111* Rl/WFM B F S.S.C. Aotnh in MoiayiM BOUSTEAO SHPHNG TO. NOS KL *****2/*****9 W I—!■ IntroWhnul I.A. C.I. F. "ARGENTINE NATIONAL LINE" iJIVii ill: I 3, Kf: 7*l
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      Page 16 Advertisements Column 5
      722 16 XIO.S.E. OCEAN SHIPPING ENTERPRISES PTE ITD MAVHMCI mi cm.. SANKYO LINE AUSTRALIA SERVICE P. Rabat 12/13 1m 17/11 Fab 10/11 J» 15/18 FA MEL. SVD (MEL) STO, MEL. MXL JAPAN/STRAITS SERVICE SKUNK TEL *****44/7 I *****70 k Liana m tmu. U4?st i com mo nans ocun smppmg sto* tel *****44/7
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      Page 17 Advertisements Column 1
      580 17 PIL GROUP EAST AFRICA/REDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ Pakistan National Shipping Corpn. Karachi Pacific International Lines pte ltd (joint service* Malaysia Shipping Corpn. sdn bhd Pacific International Lines Pte Ltd 45 Market Street, Singapore 0104 Tel:
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      Page 17 Advertisements Column 2
      724 17 r BEN LINE CONTAINERS anca contmner soma to/from europe ZSSL Lap Bay *1 iMh M/l Lap Uj Gtory Act 11/1 Lap to. Fa* An 21/1 Mw Ba Hm Bhato* R dan Hant UK U/2 14/2 15/2 17/2 l«/ 2 12/2 14/2 15/2 17/2 18/2 l»/2 21/2 22/2 24/2 14/2 lEMOPL
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      Page 17 Advertisements Column 3
      339 17 £i Scan Dutch? t 9i J l] t m I POM M M M nen m m 1) Matmc StoctMn. Oslo Hatenki 2) Copmhajaa. Aarttti 3) Bremen 4) Antwerp Amsterdam UK S) Barcelona. Genoa. Baste Borfeaui MI tl rnstes accept** Fa/Fa inter meduu carp to Honfkont i Japan Rater to
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      Page 17 Advertisements Column 4
      591 17 BOUSTEAD SHIPPING AGtMCI ES BANK LINE FOR REUNK)N ft SOUTH AFRICA SINGAPORE eta Reunion J Durbon Copt own 1 Pttlia 1 (ateo accepting East London and Maputo cargo) SHMtkA BANK 14/1 27/1 4/2 12/2 10/2 Lukes 0$ Lines U.S. NEST COAST SERVICE Ofrad from SFO Lbch LESLE LYKES Std Sid
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      Page 18 Advertisements Column 1
      773 18 K line KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES 1 TO NORTH AMERICA C(|MI Man inapltota tar I Beeton. St. Mm. AMmNi. I TO EURO P Ketone L.Havre R'dam H*bur| Bremen A'wcrp vttstt Cjfl inn Bream. R flam, r verp mm n nawv; JAP AM-STRAITS-JAP AW Vessel Tokyo Kob* SflWf
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      Page 18 Advertisements Column 2
      502 18 CAUFORMA/PACFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lm*i hr ioi wnn. m numasco jeattu. tkom. mwcomo. bc iuMi f a/ra Mam P Mm ;«Wi L Aaptfn aa- a la sia mm AUSTRALIA EXPRESS CONTANER SERVICE *cc*ta| FO/FCI Mkn PMng Sport in M* M* S* frw MT IS In 20 too
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      Page 18 Advertisements Column 3
      465 18 IV (lIMMII SINGAPORE SHIPPING AGENCIES PTE. LTD i 20TH'lOOH OCf A\ RUIitHM, SIN..AP MARKETING *****2 i 3 I INI Si GENEHAI *****1 14UNES terminal of f ice ???iss3 TELE* RS ?4b96 RS 2SSE>B A B CARSNIP CABLE CARGOSMIP WEEKLY CONTAINER SERVICE to/from BANGKOK STOKfIW) BANGKOK (SM) 11/11 lai 13/14 hm
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      Page 18 Advertisements Column 4
      647 18 T KORINS MARITIME SERVICES Root> bO I iCB Building. Shenton Way Singapce Tei A *****67 MiODli LAST/RED SEA/EUROPE SERVICES \\A"v5A»l ICR Ll\tS o* the G<tkjq O( Company LINER SERVICE EROM KOREA TAIWAN HONG KONG TO SINGAPORE HRNIOOK *7«_ l n£, 5f2 Mta, f- Hyundai' Enterprise Co., I trf. MIDDLE EAST
      647 words
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      Page 18 Advertisements Column 5
      721 18 INTRQStfI (PTE) LTD fabe'House 234E Orchard Road Singapore Telephone **********4057 v I I .I,l' S*pn f. Pawn Loadnt tar i WIN 20 tM 24 1M BOULOGNE/*DAM/ UK (MM) HTMSEA (ME) LTD 2352(11 BOOKBK *****57 YEO SMPPMG A TRACK 480(44, *****2, 4097S MID OVERSEAS MARfTM SON BM) 38SM4. *****/2 Q ALP
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      Page 19 Advertisements Column 1
      572 19 TO EUROPE/UK (VIA SUEZ): TW BUDGE 4N+ C. ROZE 23W K. IACEWON 11N r MERCATOR 21W K. IACEJM *W 0. CHEF 23W H. JADE IN Also accepting cargo to/from Scandinavia +TW BRIDGE S'pore Closing Times: FCI Cargo LCL Cargo FROM EUROPE (VIA SUEZ): Ham K. JACEJM 7E Sailed 0. CHEF22E
      572 words
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      Page 19 Advertisements Column 2
      243 19 EGYPTIAN INTERNATIONAL LINE (EIL> EGYPTIAN FLAG umcbi Linen xnviw iu uiri (PORT SAID ALEXANDRIA) STOK PT SUDPTSRD ALEXANDRIA SPMNX U Jmls Feb 1 Feb 4 Fefc 8 Carpi BaatNp Plaasa Hmm *****43 MAMTRANB CAROO PLEASE CONTACT SCHCNKER SINGAPORE -TEL *****11 DIRECT LINER SERVICE FROM EGYPT SMGAFORE PVRAMDSII SM J» 19
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      Page 19 Advertisements Column 3
      422 19 Hill OCEAN LINES] REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE S port metani Peiunf loadstar 13 Un Part SaM/LNiassol/Aleiandria Ptaeus /Beirut/Riieka OM® VESSELS SAGASIA PTE LTD. (LOUIS OACYFUS GNOgP OF COMPANIES) T# 22KZU (S IMS) ma B 7(CM SESOS f ttuwe -rjDiNmKliNßte-m MNU/5 huh im n« k iw>m rii mai
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      Page 19 Advertisements Column 4
      362 19 NOTICE M.V. HAN YONG VJA arrived LI.IMI General survey on damaged cargo discharged ex the above vessel will be held on Friday 9th January 1981 as from 9.00 a.m. to 12 noon. No further survey will be held after this date. MAUHME I ATLAS LINES REGULAR MKPOOEMT SERVICE TO MO
      362 words
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      306 20 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALDIVE NEIGHBOUR 15/1 Loading For Dubai/Bahrain/ Dammam MALDIVE LOYALTY 7/1 5/1 Loading for Hodetdah MALDIVE SEAFARER 7/1 Loading for Jeddah/Gizan MALDIVE PIONEER 12/1 Loading For Jeddah MALDIVE IMPORTER 9/1 Loading For Male MALDIVE PROGRESS 16/1 Loading For Jeddah MALDIVE CREST 15/1
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      Page 20 Advertisements Column 2
      271 20 ft JOHORE SHIPPING Lfr 161 lAIAN TfNGKU BAPAR PORT Kf 1 ANG SHANGOR MAIAYSIA HAJ SHIPPING SDN. BERHAD i. Express Unitload Service from P. Keiang I East Malaysia Brunei PKLG Loadmg for KK, SANDAKAN KK. SANDAKAN KK,SANDAKAN MUARA MUARA RIZCUN HASANUN V: 1/81 10/1/11 HZOJN HASANUN V: 2/81 25/1/81 MZCUN
      271 words
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      Page 20 Advertisements Column 3
      200 20 >fl THAI YANG SHIPPING CO. SDN. BHD. HI DM TME H« THU TMB fey Hi PJWhi On* «0T 1/11 11/12 Ml m «0T 2/11 23/24 tH IM NAM HUA SHIPPING SDN BHD w an mm mm m J l/ti 7/1 ih MMMMIM) 2/11 21/21 Mi *MIMMMMM M) 4 l II
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      Page 20 Advertisements Column 4
      437 20 Are you making fuU use of the Shipping Times as an effective selling medium? For further enquiries caH: Tel: *****44, Extension 351 or 367 Times Centre 1, New Industrial Road Singapore 1953. Tel: *****2 Ext. 38 or 39 Financial Publications Sdn Bhd 31, Jolar Riong, KL 22-03 A ANTOLL LINES
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  • Page 20 Miscellaneous
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      Page 20 Miscellaneous Column 1
      148 20 "".V y fi /FX lOSI OS M J' 0 -v EQ J A. JH'/l tim SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Shower Rain Cloudy Sky SaifiMvtadiani Temperature Weather C yA cr* Wind direction with speed in knots Wave height 5 knots. Barface winds
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