The Business Times, 14 January 1981

Microfilm: NL10893
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, JANUARY 14,1161 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon HK$l.5b syndicated loan
      73 1 AFP HONGKONG, Tues. The largest ever Hongkong dollar syndicated loan, a $1.5 billion fiveyear facility, was signed here today for the development of a high-class residential area. Lead managers are the Citicorp International group and Wardley, with 16 banks taking part. The loan, made on behalf of
      AFP  -  73 words
    • Article
      Lock icon Ford workers support deal
      77 1 AP LONDON, Tues. Twenty-thousand Ford car workers, apparently fearful of losing their jobs, have voted to accept a 9.5 per cent pay rise, defying union leaders who had rejected the offer. The company said it is confident that with more than one-third of its 56,000 production
      AP  -  77 words
    • Article
      Plan to drop demands
      65 1 WASHINGTON, Tues. The Reagan Administration apparently plans to drop US demands that Nato allies boost military spending by 3 per cent a year above the inflation rate. This target, pressed by the Carter Administration, has caused friction with West Germany, Britain and other Nato alliance partners.
      65 words
    • Article
      Lock icon Saudis to raise oil supply
      57 1 UPI MANILA, Tues. Saudi Arabia will increase its oil supply to the Philippines to 96,000 barrels a day within this month, energy ministry officials said. The agreement for 30,000 more barrels a day was concluded after meetings here between President Marcos and Saudi Oil Minister
      UPI  -  57 words
    • Article
      Lock icon Holland warned
      67 1 UPI BEIJING, Tues. China has threatened to cool off its relations with Holland if that country went ahead with the planned sale of two submarines to Taiwan. Official reaction from Taipeh was not immediately available, but Taiwan government sources called the move, "an indirect warning to the Reagan
      UPI  -  67 words
    • Article
      Lock icon Deadly ribbon
      76 1 UPI SAN JUAN, Tues. The leftist, pro-independ-ence terrorists who destroyed almost an entire squadron of fighter jets in a commando bomb attack at Puerto Rico's Muniz air force base have left their calling card a machete tied with a ribbon. A pro-independence group called the Macheteros (machete wielders)
      UPI  -  76 words
    • Article
      Lock icon Commissioner dies
      54 1 AP FRANCE, Tues. The European Economic Commission's Agriculture Commissioner Finn Olav Gundelach died today of a heart attack. He was 56. Mr Gundelach, a Dane, had a history of heart trouble. He was taken ill at his hotel last night a few hours after addressing a session of
      AP  -  54 words
  • Article
    Chief Price Changes
    135 1 Rises Indices P M R I 600 70 Jan 12 Jan 13 Malayan Tia Maia Rica M U I 530 585 1410 82 80 50 B.T. Indicator: Industrials: *****.*****12.70 699.32 699.23 D B 8 740 30 Finance: 1323.85 1325.97 Selaagor Dredg M Cable* 520 30 Hotels: 794.67
    135 words
  • Article, Illustration
    KUALA LUMPUR
    149 1 Rises Most Active Retail ng 2100 150 Ben A Co 644,000 A Amal 1250 110 Malayan Tin 611,000 M Rice 606 70 U O Land 513,000 Malayan Tin 565 69 Olympia 485,000 Berluntai 1400 50 Total turnover: 10.53m Sel Prop 1650 +50 Total value: M$37 92m PMRI 700
    149 words
  • Article
    SMA to project better image
    624 1  -  NEW CONSTITUTION SOON By FONG MEW LENG THE Singapore Manufacturers Association is changing its constitution with a view to improving its image and expanding its scope of activities. New clauses will be introduced into the memorandum of the association. The draft constitution has been approved
    624 words
  • Article
    Rules to protect property buyers
    262 1 THE government is further tightening rules on property development to protect property buyers. With immediate effect, a developer must produce an undertaking from a bank ex* financial institution to give a full refund of progress payments should his project fail. The Ministry of National Development
    262 words
  • Article
    University moves to boost research
    450 1  -  By MARGARET THOMAS UNIVERSITY research will be boosted this year when the National University of Singapore allocates 2.9 per cent of its fiscal 1981 budget to research. But NUS vice-chancellor Dr Tony Tan, announcing this yesterday, pointed out that the 2.5 per cent allocation will
    450 words
  • Article
    Bank loans rise by $670m
    373 1 LOANS and advances in November registered the second highest monthly increase last year despite high interest rates and reduced refinancing by the Monetary Authority of Singapore (MAS) and discount bouses. The latest MAS statistical bulletin shows that total loans and advances extended by Singapore banks
    373 words
  • Article
    Remisiers at Pacific Union stage walkout
    269 1 REMBHEBB at PadOe (Msa staged a walkaat at MM ycstwdiy la prttcot against the maaageaMat's lnpssitlsa mt Interest mm aai left the trading rum hal aa hsar before teach break. Ihsae whs stayed behind ealy attended to A dealer said the maaagMMMt has all
    269 words
  • Article
    Lifo stock valuation under study
    343 1  -  By LILLIAN CHEW THE INLAND Revenue Department is studying the possibility of allowing companies in Singapore to use the last-in-first-out (Lifo) method of stock valuation when submitting their accounts. This is in response to requests from companies for a change in stock valuation methods. These
    343 words
  • Article
    NBT answers query
    139 1 THE PRICE leap of North Borneo Timber Berhad (NET) on the Kuala Lumpur Stock Exchange since last week appears to be contrary to earnings prediction made by the company. NBT directors, queried by the exchange on the price jump, said they do not know the reason. However,
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  • Page 1 Advertisements
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  • REGIONAL
    • Article
      Lock icon Framework of Suzuki Doctrine revealed
      423 2 Reuter THE FRAMEWORK of Japanese Prime Minister Zenko Suzuki's new doctrine for South-east Asia were disclosed yesterday at the end of his visit to Indonesia. The doctrine emphasises the promotion of employment and food production, development of small and medium industry, expanding energy supply and
      Reuter  -  423 words
    • Article
      Lock icon JAPANESE LOAN FOR UREA PROJECT
      245 2 Reuter JAPAN has agreed to lend Indonesia an additional US$9O million for the Asean urea fertiliser project in North Sumatra. The announcement was made in the joint communique issued at the end of Prime Minister Zenko Suzuki's visit to Indonesia. Japan has already pledged about
      Reuter  -  245 words
    • Article, Illustration
      Lock icon Australia optimistic about economy
      238 2 Reuter AUSTRALIA can look forward to a buoyant year economically as long as it holds down domestic costs, including wages. Industry Minister Phillip Lynch said in a statement yesterday: "Strengthened consumer expenditure and high investment levels give grounds for optimism about economic activity this coming year.
      Reuter  -  238 words
    • Article
      Lock icon Special bonds
      59 2 Reuter THE Indian government has promulgated an ordinance that allows people with unaccounted for money to invest it in special bonds. The ordinance provides immunity to such investors from being questioned about the source of their earnings on which no tax has been paid. A government statement said
      Reuter  -  59 words
    • Article
      Esso finds gas deposits off Trengganu
      315 2 ESSO (Malaysia) is reported to have discovered extensive natural gas deposits off the coast of Trengganu. The extent of the discovery, however, has not been made public. Petronas is also reluctant to reveal the size of the discovery. In the absence of clearance from
      315 words
    • Article
      Lock icon Kroger to sell foods to Daiei
      207 2 AP THE KROGER Company of the US says it plans to export certain foods to the largest food retailer in Japan. The chairman of Kroger, Lyle Everingham, said his Cincinnati-based company will begin exporting foods to the Osaka based food and general merchandise retailer,
      AP  -  207 words
    • Article
      Lock icon China to rely on own nuclear technology
      216 2 Reuter CHINA plans to build its own nuclear power stations without relying on largescale foreign technology. A visiting US Congressman, Don Faqua, chairman of the House of Representatives Science and Technology Committee, said in Beijing that Chinese officials indicated China did not intend
      Reuter  -  216 words
    • THE REGION IN BRIEF
      • Article
        Lock icon LAW OF SEA MEETING
        392 2 Agencies A HIGH level meeting on the Law of the Sea will start in New Delhi next Friday, the Asian-African Legal Consultative Committee said. The three-day meeting, which would be attended by representatives of AsianAfrican governments, will discuss certain issues of crucial importance following the enactment
        Agencies  -  392 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      594 2 a The SGV Group Professional Executive Recruitment Services Our client is a major international marketing and manufacturing concern in industrial, automotive,construction and consumer products consisting mainly of adhesives, sealants, protective and waterproof coatings and automotive components. It invites candidates to take up the challenging position of: EXPORT SALES MANAGER Salary
      594 words
    • Advertisement
      Page 2 Advertisements Column 2
      27 2 ROCFLOOR Resin flooring many times stronger then concrete covers new or old floors chemical resistant strong and durable fast to install. BiNki Singapore Pl« Ltd tel: *****44
      27 words
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      346 3 WHH YOUTH NEW,YOU HWE TO BE BETTER. -f I I I V X v. c i k S <« i With Maersk Line's new containerservice to and from the Far East new standards for service will be set. As one of the world's oldest and most experienced liner operators, Maersk
      346 words
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  • RAW MATERIALS
    • Article
      KL fertiliser grant being siphoned
      203 4 A WELL-organised syndicate, operating on a national Wvel, has been siphoning part of the fertiliser grant in Malaysia. The chairman of the National Smallholders' Association, Datuk Ha# Ahmad Arshad, said that the existence of the syndicate came to their attention about three months ago when
      203 words
    • Article
      SOYBEAN
      171 4 SOYBEAN futures finished strong in Chicago on Monday, up 13V* to 25Vi cents a bushel. Traders attributed Monday's strength mainly to aggressive local short-covering following last week's downtrend. They cited reports of substantial Brazilian bean and soymeal sales to the Soviet Union as a constructive influence, especially on new
      171 words
    • Article
      WHEAT
      218 4 WHEAT futures in Chicago on Monday closed near the top of a nine cent range, up 6V4 to 10 Vi cents a bushel in revived trade. Steady local short-cover-ing and commission house buying along with a lack of follow-through commercial selling carried values up to day's highs, traders said.
      218 words
    • Article
      RUBBER
      206 4 THE Singapore market yesterday closed firmer with February One RSS buyers quoted at 291.25 cents a kilo, up 2.75 cents from Monday's close, dealers said. The morning market gained 1.50 cents on reserve of sellers and some covering demand, they said. Some steadiness was seen in moderately active afternoon
      206 words
    • Article
      RAS PRICES
      330 4 RAS prices In cenu per kilo yesterday Noon (per kilo) Buyers Setters Int. 1 R.S.S. prompt f.o.b. 287 50 288.50N Int. 1 R.S.S. February 290 00 290 50 lat 1 R.S.S. March 292.75 293.25 Int. 2 R-S.S. 273.00 274 00N UK/Coot 272.00 273.00N Int. 3 R.S.S. 270.00 *****N
      330 words
    • Article
      SSR and SMR
      107 4 NOON SS 1R and SMR pricaa yaat arday BAB SSR 20 SSR 50 MHT g (1-ton pallat) 11 too pallat) rtorury (Curwt Mtk) Bajars Sallara 24*50 249.506 244.50 246.506 ■■•rtl (Forward Mth) Buyara Sallara 250.50 2S2.50N 246.50 248.50N SMR CV SMR L SMR SMR GP SMR 10
      107 words
    • Article
      Straits Tin
      88 4 THE STRAITB til price in Peaaag yesterday fell 31 eeats to Rf$32JS a klle bat wu still within the lateraatfsaal Tla Agreement's middle raage d $32.11 te $32.74, dealers said. Farther higher disposals sf tia, easier oversight London advices aad a weakeaiag sf steriiag against the Malaysiaa dollar
      88 words
    • Article
      CLOSING PRICES
      34 4 Rubber Jan 13 Singapore: February: 291.25 cents (up 2.75 cents) Malaysia: February: 309.75 cents (up 3.25 cents) Tin: M 532.35 per kilo (down 36 cents) Official offering: 260.5 tonnes (up 50.5 tonnes)
      34 words
    • Article
      Malaysian Rubber output
      113 4 PENINSULAR Malaysia rubber output fell to 127,130 tonnes in October from a revised 133,162 in September and 138,464 in October 1979, the Malaysian Statistics Department's figures show. The first 10 months production of 1960 totalled 1.21 million tonnes against 1.23 million in the same period a year
      113 words
    • Article
      Produce exchange
      164 4 CHINESE Pradaee Exchange, Stogspere, ana per IN kg I «II Balk fob $129.00 fellers, old drum (in second hud dram) fob $138.00 sellers, new drum fob 1145.00 tellers. Cap»: Mixed (loose) 179.00 buyers. Peppee: Muntok white pepper fob Asta NLW $436.00 sellers, Strswsk white pepper fsq fob NLW
      164 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattsn yam: China Blue Phoenix 20b unq; 32s 2,700, 40s 2,940 (per bale of 400 lbs). Piece gsids: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      RICE
      333 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.15, 100 per cent second class 0.96, 100 per cent third class 0.95, 25 per cent new crop no stock, B-10 per cent 0.82. THAI BROKEN: A-super 0.77, Special 0.75.
      333 words
    • Article
      LONDON MARKETS
      861 4 COf PEE: Robusta futures closed yesterday morning steady, little changed from the opening at £2 a tonne down to £5 up from Monday. Turnover was 725 lots including five options and around 335 lots at cross trades. Dealers said trading was well matched after the opening with values
      861 words
    • Article
      PALM OIL
      127 4 THE Kuala Lumpur market yesterday recovered on some covering in moderate trading. In the southern region, the January position gained MJ12.50 to MJ995, and in the central region, January was $2.50 up to $965. In the north, January was traded at $995. In the southern region, the February
      127 words
  • ASIAN STOCKS
    • Article
      Share prices fall
      358 4 TOKYO SHARE prices yesterday fell slightly on scattered profit-taking with caution towards high prices, while many investors tended to hold off in view of a high level of outstanding buying contracts in margin trading, dealers said. The market average fell 5.08 to 7,246.80 with volume 350 million
      358 words
    • Article
      Hongkong
      207 4 THE market was weaker yesterday as .investors showed their dissapointment in the firmness of US interest rates by taking profits after the nice gains made during the first two trading days. Blue chips were hit hard as speculators continue to concentrate their buying on second line shares like Trafalgar
      207 words
    • Article
      Sydney
      259 4 SHARES closed weaker yesterday as another fall in overseas bullion prices prompted nervous selling, dealers said. The 9.3 point fall in the Australian all ordinaries index to 899.2 marked the market's fourth successive drop and a loss of 28.7 points since last Wednesday. JAN 13 OnU INDUSTRIALS A. t\
      259 words
    • Article
      Bangkok
      268 4 STOCK prices yesterday closed higher across the board in quiet trading, dealers said. Saha Union rose three baht to 196, Mah Boonkrong Drying and Silo two to 186, Siam Cement two to 270 and First Trust one to 59.50. JAN 13 Bahls Amu Credit Amj fibre 136 unch Ayuthaya
      268 words
    • Article
      Manila
      140 4 THE stock market yesterday was agaih mixed as turnover declined to 3.5 million pesos from 6.4 million, dealers said. Philex B, Phil Overseas, Podco B and Ist Phil Holdings closed stronger while Basic Petroleum and Pioneer finished lower. JAN 13 PfM>S Acoje Mining 00b6 unrh Alia* Con. A Atlas
      140 words
    • Article
      Selected indices
      52 4 FINANCIAL TIMES INDUSTRIALS Monday 455.1 Friday 481.2 Week Ago 472.9 DOW JONES AVERAGE INDUSTRIALS Monday 968.77 Friday 968.86 Week Ago 992 06 HJLHANC SENG Tuesday 1596.27 Monday 1630.72 Week Ago 1604.68 AUSTRALIAN INDUSTRIALS Tuesday 663.6 Monday 667.6 Week Ago 8685 ALL ORDINARIE8 Tuesday 889.1 Monday 708.4 Week Ago
      52 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      620 4 /jF WORLD TRADE CENTRE, SINGAPORE 12-16 JANUARY 1981. Meet the international authorities on wood processing, woodworking and timber products at Wood/Fumima '81. A Johnson Co (SEA) Pie Ltd AB Overums Bruk AB Karbtads Mekanska Werkstad ACIMALL Aerosrmth Ltd Ah Zafar Re Ltd Akor GmbH Alpi PietrtfDuplex Merchandising Corpn B C
      620 words
    • Advertisement
      Page 4 Advertisements Column 2
      2 4 m 3c
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      193 5 iii nt mi inv on v\ 12f r acK a» Va i t »:<u i ft V 4 r V U m ■L t,+* AJ #8^ i«^T M f OK Y tim «3F rt > rv r < r jp > The Mercedes-Benz range offers a degree of engineering Vf
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  • Article
    Issue calls for careful study
    355 6 THE DEPARTMENT of Inland Revenue has shown its willingness to change with the times by initiating a study on the use of Lifo as a stock valuation method in response to numerous requests received. It will be heartening to the many multinationals that are here
    355 words
  • Article
    Executive rank not a good criterion
    268 6 THE ABILITY of a man cannot be solely determined by the rank he holds in a company. Indeed, even in an environment such as Singapore which can legitimately boast of a working meritocracy, there are numerous other factors which interplay to influence to some
    268 words
  • Article, Illustration
    Like Harvard and MIT
    1224 6  -  The ideal model for NUS and NTI What is it that Harvard and MIT have that NUS and NTI do not and cannot have beyond their long histories, worldwide reputations and annual budgets? MARGARET THOMAS reports. MARGARET THOMAS DR TONY TAN and his globe-trotting university review
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  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      198 6 J JSSS&** Why idle away your lifa and languish in poorly paid jobs with no futura whan you can move ahaad with tha RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of tha following coursas and gat just THAT QUALIFICATION! Institute of Administrative Management Institute of
      198 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      597 6 TWO-H-OHE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Curse a regional listener? (5) 6 Certainty about a horse (5) 9 Our back room! (7) 10 Out of shape? (5) 11 It's played in grand style (5) 12 Hospital for titled men? (5) 13 Ed turned and wept when shouted down (7) 15
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      699 6 TV& SOMETHING UuU wIU deflaitely make Ike teievtoiea wt am attractive taaigkt to the retarv «f Tke Fmu, Riekte, Ralph aad Patofte Mi tke eattre Happy Day* gaag whs ga lata their asaal 7pm slat. Normally a kamaraas ratter tkaa a asaflglr toak at Hfe la tke IK•% Heary Winkler
      699 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      308 7 FOR THE RIGHT SUPPORT IN YOUR BUSINESS New Swiss Line 2000 Chair Series Diethelm presents a new generation of office chairs for the '80s. Aesthetically imfressive, the Swiss Line 2000 Chair Series lend an aura of prestige and distinction to your office environment. The complete range comprises Diethelm originals for
      308 words
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  • OVERSEAS
    • Article
      Lock icon Oil price trend likely to follow Gulf war
      722 8 Reuter OIL prices this year will be determined largely by the the course of the Iran-Iraq war, Western oil company executives and oil analysts said. If the war lasts beyond spring, shortages and sharply higher prices are possible. However, if the war
      Reuter  -  722 words
    • WORLD IN BRIEF
      • Article
        Lock icon BONN TO WITHDRAW
        405 8 Agencies THE West German Research and Technology Ministry will end its financial contributions to a 1.4 billion marks joint US, Japan, West German coal liquefaction project, a ministry spokesman said. West Germany has a 25 per cent interest, the US 50 per cent and Japan 25 per
        Agencies  -  405 words
    • Article
      Lock icon Iran manages to boost oil exports to pre-war levels
      251 8 Reuter IRAN appears to have succeeded in boosting its oil exports to levels reached just before the Persian Gulf War broke out, despite continued fighting with Iraq. Western oil industry sources said Iran's target was to export 900,000 to one million
      Reuter  -  251 words
    • Article, Illustration
      Lock icon Begin confers with party leaders
      382 8 UPI PRIME Minister Begin, conceding that early elections are inevitable, yesterday called his party leaders together to weigh their next moves. The Rafl faction of Finance Minister Yigal Hurvitz broke away from the coalition on Monday following his resignation in a dispute over pay increases
      UPI; UPI photo  -  382 words
    • Article
      Lock icon Haig quietly selecting most of his senior aides
      394 8 NYT SECRETARY of State-desig-nate Alexander Haig has quietly selected most of his senior aides and reportedly plans to announce them after his own confirmation by the US Senate. Many are former colleagues and some may run into opposition from Senate conservatives. Present
      NYT  -  394 words
    • Article
      Lock icon Carter policy on Nato likely to be changed
      236 8 AP GENERAL Alexander Haig has indicated to European allies he intends to change the Carter Administration's policy of measuring Western Europe's commitment to Nato on the basis of its defence «pending levels. K Haig follows through on his intention, it will defuse
      AP  -  236 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      736 8 ARRIVALS Service Local Operator Nuaber Time From PAA PA005 0030 JFK/SPO/HKG TMA TL375 0530 BEY SHJ KUL MAS MH601 0630 KUL SIA SQ580 0710 MAA SIA SQ101 0815 KUL MAS MH605 0830 KUL MAS MH621 0635 PEN RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ2U
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    • Article
      Lock icon EEC president threatens legal action
      335 8 Reuter THE NEW president of the EEC Commission, Mr Gaston Thorn, said yesterday he might have to take France, West Germany and Belgium to the European Court for non-payment of EEC contributions. Mr Thorn told the European Parliament that while he would work for a
      Reuter  -  335 words
    • Article
      Lock icon BA allowed to borrow extra £85 million
      157 8 Reuter BRITISH Airways (BA), the world's biggest international airline, has won permission from the Conservative government to borrow an extra £85 million to offset unexpectedly heavy losses. Recession and inflation have been affecting all airlines, but British Airways has been particularly hardhit by
      Reuter  -  157 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      163 8 YOUR PREMISES ARE niR-rv Ml Simply because, tili now, the airconditioninq ducts have been inaccessible and Impossible to clem Installed dirty, they get progressively worse and beoome the ideal breeding ground for bacteria. Air passing through becomes contaminated and poses a health risk. Golds, coughs, sore throat, dry eyes, headaches,
      163 words
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  • Article, Illustration
    Looking deeper into Shell's hydrocracker issue
    1643 9  -  Supervision and responsibility are the keywords in the construction industry. These two words are even more crucial in the test concrete laboratories as no amount of testing can prevent another episode like the Shell hydrocracker project happening again, unless there is proper and adequate
    1,643 words
  • Article
    MEMO PAD
    516 9 SEMINARS AND COURSES Jan 15-17: Planning Better Office Layouts, SIM Conference Room (3rd floor, Thong Teck Building), Singapore Institute of Management Jan 15-Feb 24: Business Writing Module, Bukit Timah Campus (Nissen Hut 6), Department of Extramural Studies Jan 17-18: First Conference for Women, Regional Language Centre, Singapore Council
    516 words
  • Article
    Expansion at Hitachi to cost $14m
    246 9 HITACHI Zosen Robin's current phase erf expansion and upgrading erf facilities will cost about $14 million on completion by March this year. The bulk of the investment, |T million, has been channelled tpwards building the dockyard's No 4 Quay which will allow Hitachi to
    246 words
  • Article
    TRADE TALE
    160 9 SINO America Travel ot Singapore has chartered a British Airways Concorde for a demonstration flight over Europe the first charter of its kind by a South-east Asian travel agent. At 1888, the approximately lVt-hour demonstration Sight will take a patngar from London's Heathrow Airport, through the supersonic corridor
    160 words
  • Article
    Demolition contract goes to Soon Ann
    188 9 FTTZPATRICK'S Food Supplies (FE) has awarded the contract for the demolition and clearance of its building in Orchard Road to Soon Ann and Co Timber Merchants. Soon Ann will take possession of the site on Friday and the site is scheduled to be cleared
    188 words
  • Article
    SIA office gutted
    62 9 SINGAPORE Airline*' office in Taipeh to now in ruins. A fire destroyed all three storeys oI the office at Chung Shan North Road on Saturday. The temporary office is now in New Asia Hotel. A temporary sales, reservations and ticketing office has also been set up in
    62 words
  • Article, Illustration
    Sawmillers urged to invest abroad
    487 9  -  By RICHARD SEAH LOCAL sawmillers and other manufacturers of wood products should help develop timber industries in the region by investing in neighbouring log producing countries. This will be a logical extension of their manufacturing activities in Singapore. The call to invest overseas was made
    487 words
  • Article
    CURBS ON TIMBER EXPORTS LIKELY
    366 9 LOG producing countries in South-east Asia are likely to impose more restrictions on timber exports because the supply at certain prime logs may not be sufficient to meet domestic demand. Governments in this region will also take further measures to ensure better management and husbandry
    366 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        276 10 JAN 12 Frs CORBE1LLE Air-Liquide 469 -14 B S N Orva is Uunone 985 -7 C S K i Thomson Csf) 364 -11 I'lf h rancaise des Petroles 228 -4.5 Coinpagnie Kinanciere (,'onipagme General? 361 -2 Credit Koncier De France 307 10 -49 Hachette (Libra irie) 340 unch Machines
        276 words
      • Article
        Frankfurt
        210 10 JAN 12 Dm Aeg-Telefunken 7350 23 Akzo 1630 -0 1 Allz Leben 1050 00 unch AUz Vers ***** 03 BASK 124 50B Bay H T Wbank ***** *2 Bay Vbank 300 00 ***** -02 BBC 287 00 0.1 BMW *****6 302 00 -1 Chem Verw ***** unch Commerzbank 129
        210 words
      • Article
        Brussels
        92 10 JAN 12 FT* FORWARD MARKET Arw 285 unch Arbed 1240 -8 Astur 375 10 Brascan QM >8 Bru-Lamb Iff?? 22 Canpar 1118 >8 Cock 156 >4 De Beers 308 -11 Ebes 1640 +5 Eleclrobel 3300 90 Gb-Inno-Bm 2070 56 1274 -56 Hobok 75 Petro 5110 90 Ryl Dutch nwn
        92 words
      • Article
        Amsterdam
        219 10 JAN 12 H ABN 2 ao oo -4 Ahold 6 9 50 -2.5 Ak/o 7 80 unch AMKV 3 70 *05 Aiilta.s 15.30 -02 Anuotnl' 7 20 -0.3 7 20 -13 BertT*" 5 1 00 1.2 h- 5 6 00 -15 Borsuinij 2 05 00 unch Burhmann 0 20
        219 words
      • Article
        Zurich
        182 10 JAN 12 Francs Actions Sulun 290 I Alusutsse Br USD -S Alusuisse Reg. 444 4-1 Brown Boven Br 1496 5 Cibtt Gti(y Br. 906 until Ciba Geigy P C 780 -S Ciba deny Reg 564 •1 Credit Suisse Br 2700 4-25 Credit Suisse Ret 471 4-2 Elektrowatt Br. 2810
        182 words
      • Article
        Milan
        109 10 JAN 12 Ure Anic 8 10 -04 Assoc Gen *****0 -400 Bastofi 800 -875 Central* ***** -588 Fiat 1*42 -S Finsider 71 -7.S Gen Immob 2378 -22 IFI Pri 3813 >8 I la Ice me nil ***** -380 I taigas 1711 -38 Ilalsider ZM *1 HifMU M PI <11
        109 words
      • Article
        TORONTO
        197 10 JAM 12 C* Abilibt 24 Air an 40 Algoma 38 Bunk Mont 32' Bank Nova Sroua 33' Bell Tel 19 Beth Corp BP Can Ltd 38 Bra van 38 Camp Red Lake 84 Can Imp Bk 27 Canpac 41' Canpac Inv PI 20 Curling OKeefe 1. Comincc TO' Cons
        197 words
      • Article
        JOHANNESBURG
        309 10 JAN 12 Rand INDUSTRIALS A Alpha 435 unch A bercom 345 5 AE And CI 800 -10 AMIC 2600 unch Barlows 1050 -30 Cg Sugar ***** CNA 550 10 Currie Finance 200 10 De Been Ind F/lrnn 650B Edgars ***** unch Fumrrtuiy nill Fed Volk Z 500 -5 Piagtt
        309 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      142 10 Where to wine, dine and entertain iXm i <$ Local and Western self-service lunches Open daily 10.30 a.m. to 3.00 p.m. Restaurant Lounge 10.30 a.m. to 10.00 p.m. If you want a speedy lunch in style... if s time you came to us. LUNCHEON DIS-CARVERY at BARON'S TABLE A new
      142 words
    • Advertisement
      Page 10 Advertisements Column 2
      170 10 For banquets. For conventions. For other functions of flawless finesse. l u'Wtu >"> t( >r tp t< > 'JSt) i'lu'sts I'Ut'nhitK >thli rtit'nus t< > ch( >s t fr< >ni nnpit'U' run.,v of uui:< > equipment >n f irK f U) >P K*' A C t iiiiin I'ltrk SIM-rninn SHEHATON
      170 words
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      Page 10 Advertisements Column 3
      191 10 &,+"'//':\{~{<-[!_`,'&&-&<)>?|, Feast like an emperor at Chinatown I *i v 9 IP i •«> IMr I b¥ e Our chefs can whip up culinary delights that would excite even the most demanding of emperors. Here at The Chinatown, we serve Szechuan specialties Name your favourites Or ask for our recommendations
      191 words
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      Page 10 Advertisements Column 4
      137 10 Inn Of Happiness Now open at the Hilton Dine Cantonese style. Dine Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. |fi| HUON INTERNATIONAL. SMGAPORE
      137 words
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      Page 10 Advertisements Column 5
      55 10 <T=J TT i Charming Garden Special Beef Don't miss the dining experience of' Chinese Hunan Cuisine Business Hours: Daily 11.30 am 2.30pm 6.30 pm 10.30 pm 214 Dunearn Road Inn s^vo 3a k cjj WEDNESDAY LUNCHEON SPECIAL 12noon 2pm Fresh, succulent ROAST LAMB carved from the Silver Wagon plus Salad
      55 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      514 11 THE US dollar recovered against the local dollar and further strengyiened its position against other major currencies yesterday. It opened at 2.0840/50 against the local dollar and rose to 2.0870/80 during the latter part of the morning. At lunchtime, the US dollar fell to 2.0845/50 but recovered nearly
      514 words
    • Article
      PLR
      22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.4 per cent.
      22 words
    • Article
      TOKYO
      120 11 THE US dollar for overnight jitfivery closed firmer yesterday at 204.65 yen, comjjlred with a 203.80 opening. Trading was active with a volume of US$l.l4 billion. The dollar firmed to a t's high of 204.75 yen in afternoon on persistent $iying by foreign banks following high US interest &rtes
      120 words
    • Article
      Hongkong
      124 11 TtfE US dollar maintained tts firm morning trend yesterday, compared with New Jork in late active trading oo higher Eurodollar interest rates. -Sterling weakened to U552.3855 63 from an openR 2.3910/20 and the New rk 2.3960/70 close. ••The Swiss franc held steady at a against the dollar in late
      124 words
    • Article
      Frankfurt
      46 11 FRANKFURT exchanges opening quotes on Jan 13: "-US 1.9900/90 (1.9770/80) -Stg 4.7®/775 (4.743; 748) -Can 1.6802 25 I O F1 9B.09 21 S Fr 110.35/54 Lit 2.11/16 J Fr 43.38 44 Kr 38.89/74 ;-8 Fr (con) 6.427/35 *"B Fr (fin) 6.265 275 I Yen 0.9821/36
      46 words
    • Article
      Mixed views on mortage scheme
      617 11  -  By ALVIN TAY FINANCE companies generally welcome the new mortgage paper proposed by the Finance House Association (FHA) though commercial banks are still wary about the idea. Finance companies' executives said the new scheme will allow them to tap a new sector of borrowers who
      617 words
    • Article
      AIBD Far East
      349 11 THE FAR Eastern region of the Association of International Bond Dealers (AIBD) was formally inaugurated by the association's executive committee in Singapore yesterday. This region, consisting at Singapore and Hongkong, is the newest to be formed and brings the number of AIBD regions to 12. It comprises
      349 words
    • Article
      NYSE up slightly
      843 11 A SUDDEN reversal of sentiment concerning interest rates undercut an early rally and the New York stock market on Monday ended fractionally higher in heavy trading. The Dow Jones industrial average, ahead 11 points early in the day, ended fractionally higher. Advances led declines three to two
      843 words
    • Article
      Lock icon JOINT VENTURE IN SEOUL
      105 11 AP THREE US hanks the Bank of America, Citibank and the Chase Manhattan Bank have proposed separately to set up a city bank in Seoul Jointly with South Korean banks. The Korea Economic Daily, quoting government officials, said the move was in response to a recent
      AP  -  105 words
    • Article
      ASIAN $
      176 11 ASIAN ASIAN currency deposit Interbank rates as at close on Jan 13: US D*Oar*<8a*<) Off«r BM 7 days aOH 20 W 1 month 20 19% 2 months 19 v. 19% 3 months 18 13/16 IS 11/10 6 months 17'/« 17'-* 9 months 1515/*****3/16 12 months 1513/1615 11/16 SwJTn. Dm m
      176 words
    • Article
      Discount
      44 11 RANGE of prices offered by discount bouses oo Jan 13: Overnight: 7W% Call deposits: 6'4% to 7K% ClastaC Bayi*« fMHag 3-month Treasury bills 6% 0V« 3-month Bank bills 13V« 13M 3 months CD 12V« 12M 6 months CD 12 V4 12* Source: National
      44 words
    • Article
      GOLD
      282 11 SINGAPORE gold futures yesterday turned firmer in the afternoon on some shortcovering interest but prices still closed easier on balance compared with overnight levels. The firmer trend in the afternoon followed news of the Iranian parliament's postponment of the two urgent US-hostage-bills. Trading was light with total sales for
      282 words
    • Article
      Silver quotes
      33 11 MM PM New York 14.90B 15.SB 15.20s 15.55S Zurich 14.758 15.40B 15.068 15.70S Singapore IK* 14.906 Msa 15.256 15 30S 15.es Closing prices in US dollars a troy ouno Source: Credit
      33 words
    • Article
      LONDON
      214 11 THE dollar yesterday rose to over two marks for the first time in four weeks in London, opening at 2.0020/35 in fairly hectic early trading. The dollar opened at 1.8120/40 Swiss francs against the New York close of 1.8130/40 and at 204.20/40 yen versus 203.85/204.00. Sterling lost ground to
      214 words
    • Article
      PETRO-$ INFLOW
      20 11 NOMUBA Beeartttos kM IgWMt, I» INMto Ml toII"» «f putriiiiiii ami farsign pwiriM (Hli lata hrS heSuto parti»
      20 words
    • Article
      Barclays
      41 11 BARCLAYS Bank latere(tonal will tone ap Is HKSM llllsn sf throe-year flwtta* rale eartHtontos sf depaatts (FBCD) In Bangkang. Ike FBCD will carry interest at H per eeat above Sf-day Baagkaag lat »il JM inln Mid IBKTMU turmi IBW |mv
      41 words
    • Article
      Lock icon S-E Asian central bankers' meeting
      176 11 AFP ECONOMIC co-operation among countries in this region will be discussed at a five-day conference of South-east Asian central bank governors opening in Colombo today. The conference, to be opened by Sri Lanka's Finance Minister Ronnie De Mel, will be attended by delegates from Burma,
      AFP  -  176 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      82 11 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
      82 words
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      Page 11 Advertisements Column 2
      404 11 An opportunity to invest in tur 1 A A sample 2.000 aq. ft homsata on Kaaaroo. Parth Executive homes, 30 minutes from downtown Perth from A 574,200 in prime beach-front location on North Shore Kaltaroo. This is an excellent opportunity for youto invest in booming Western Australia giving capital growth
      404 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE-
    1890 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (3.408) (3)
    1,890 words
  • Article
    Unit trusts
    167 12 SINGAPORE UNIT TBU8T Ol'B-MONTAGl (MaaagsM' >ttoss hrtaU) IMimw' pHeM tar Jaa 14) The Coinmfrcf 137 3.54 I'ruoo Spore Fund 114 130 The Savings Fund 2.00 110 S'pore Prog Fund 185 1.52 INCDU BUINU UNIT S'pore See. Fund 2.20 131 (uma pt less) 1.42 S'pore Invest Fund 1* 108
    167 words
  • Article
    SHARE INFORMATION SERVICE
    2819 12 Gr'» Gr'. Net 1080/1981 Last Div Div Y'W P/E Vol Day High Low Company Sale or- Cvr (*000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Aetna 340 10 15.0 2.8 4.4 13.4 12 340 336 300 220 Alcom 300 12.0 2.5 4.0 17.0 149 116 Allied
    2,819 words
  • Article
    In Kuala Lumpur
    2129 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified INDUSTRIALS Alea« (2.818 2 MS) (2) 2 85 (1) 2.81 (3) 2.82
    2,129 words
  • Article, Illustration
    Correction slowed by late buying
    691 12 SHARK prim toned tows ■lightly yesterday after a atreag at the market uerrettod It* everheaght la Its first eeereeH— la three iayi, the Straits Times lWastrial ladex dipped Ml petats to <91.23 while the Baslaess Times ladlesfer climbed IW3.M petals to *****.71. Yesterday's eerreetlea was
    691 words
  • Article
    Mixed close in Kuala Lumpur
    611 12 A FIRMER trend ruled initially on the Kuala Lumpur Stock Exchange yesterday but news of the Hongkong's market fall caused prices to retreat from mid-morning. Overall, the market closed on mixed note, although selected volatile stocks were still finding fairly sustained support to finish substantially
    611 words
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  • COMPANY NEWS
    • Article, Illustration
      Malayan Banking set to expand network
      864 13  -  By THE CITY STAFF MALAYAN Banking Bhd, conscious of its lead position in Malaysia's banking industry, is poised to support the growth expected to be generated next year when the Fourth Malaysia Plan is launched. It has injected a strong note of optimism in
      864 words
    • Article
      DIVIDENDS ANNOUNCED
      433 13 Current Payment Ex Date Book* Cloae Date Total for Total for Payable the year Previoua year Allied Choc Berjuntai Bouatead Bouateadco C AC CCM C Suit" Chin Teck D Keramat FAN Kamunting K Lanjut K Kampar Kulim Maia M Breweriea M Containera M Glaaa MTC NST PMC PMR1
      433 words
    • Article
      SCRIP ISSUES
      291 13 Company Particulara Ex Date Book* Close Alcorn Proposed rights Issue of 2 for 1 $1.70 per share NYA NYA A P I Proposed rights Issue of 1 for 1 $1.00 per share NYA NYA C AC Proposed bonus Issue NYA of 1 for 3 NYA H Looac Ind
      291 words
    • Article
      Malaysian Oxygen given approval for public issue of 4.8m shares
      633 13 MALAYSIAN Oxygen Bhd's offer for sale erf 4.825 million new (1.00 shares has been priced at M 51.70 each. MOX's offer, the second public issue in Malaysia for the new year after Palmco Holdings, has obtained the blessings of the
      633 words
    • Article
      COMPANY BRIEFS
      87 13 WEARNE feathers has replied to the Stock Exchange of Singapore that the price paid by Ford Motor Co of Malaysia for Wearnes' subsidiary. Associated Motor Industries Malaysia Sdn Bhd, was negotiated and agreed upon. A DIRECTOR of Taaek CeOMat, Mr Haruyuki Ohta, has resigned from the board with
      87 words
    • Article
      Bolton to study offer of takeover
      112 13 BOLTON Properties is presently considering the takeover of Win Min Sdn Bhd, a Johore-based property company. In reply to queries from the Kuala Lumpur Stock Exchange on the reasons behind the sharp rise in the price of its shares recently, Bolton directors declared yesterday
      112 words
    • Article
      Sime sets up another office in New York
      103 13 SIME Darby's American commodity trading arm, Sime Darby Commodities Inc has set up an office in Wall Street, New York's financial district. The new office is in addition to its existing office in Berkeley Heights, New York. SDCI president A W S
      103 words
    • Article
      Lock icon In Hongkong...
      64 13 Reuter TRADING started yesterday in the nil-paid form of T»1 Sang Land Develapawt'i new rights, the Hongkong Stock Exchange said. On Dec 4, Tai Sang announced it would raise about HK*lOl million through a rights issue of 22 million new shares with warrants at one share for every
      Reuter  -  64 words
    • Article, Illustration
      Lock icon Out of proportion
      774 13 tfIMIOQ aSfDSCL»» by HOCK LOCK SIEW RUMOURS of a reverse takeover of Promet Pte by Bovis South East Asia have spread like wildfire through the stock markets of Singapore and Malaysia. So strong has speculation been on what Mr Brian Chang's next move would be that it
      by HOCK LOCK SIEW  -  774 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      59 13 OVERSEAS UNION BANK LIMITED U5515,000,000 Floating Rate Certificates of Deposit due 1981 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the six-month period from 14th January. 1981 to 14th July, 1981 the Certificates will carry an Interest Rate of 16 percent per
      59 words
    • Advertisement
      Page 13 Advertisements Column 2
      190 13 CONVENTION HALL Area: 15.700 sq. ft. (1,500 sq. m.) Capacity: 1.200 persons. r r Ti ij Other convention centers give you a mere venue for your convention with the usual facilities. So Do We: Except that ours is THE LARGEST! (1200 seater convention hall offering ***** sq. ft. of space
      190 words
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  • Article
    HDB may ask private sector to participate
    255 14  -  By AGNES WEE THE HOUSING and Development Board may invite the private sector to participate in processing tenders for future contracts. This is to allay fears in the construction industry that future selection of tenderers for HDB contracts may favour the government-owned contracting
    255 words
  • Article
    Japan to provide more equipment for centre
    313 14 THE JAPANESE g«ventmeat will he pravldlag the Japan flanpni Tralalag Ceatre (JSTC) with aa atfttoaal M mllUea yea warth ef eqaipmeat. The vlsltlag lapaarar Prime Matter, Mr Zcaha Vpeldag the ceatre yesterday. He aaM this Is part af the efforts hy the Japaaeae
    313 words
  • Article
    Lock icon Honda stake in Johore company
    53 14 Reuter HONDA Meter sf Japan will charily aeqalre a >par-wt stake la Ortartal Assemblers Sda tki Jahere, formerly Geaeral Meiers Malaysia. The aeqaHtfca, eesttag a beet m milHea yea, to subject to Malaysia» government appreval aai Is designed to beaat Haada ear predaetlea la Malaysia,
    Reuter  -  53 words
  • Article, Illustration
    Call for investment guarantee accord
    460 14  -  By FOO CHOY PENG JAPANESE Prime Minister Zenko Suzuki has suggested that Japan and Singapore sign an investment guarantee agreement to promote Japanese investment in the Republic. The proposal was one of several put forward by Mr Suzuki to Prime Minister Lee Kuan Yew in
    460 words
  • Article
    Lock icon China warns America
    426 14 AP CHINA might resort to "nonpeaceful means" to regain Taiwan if it refuses to negotiate, according to the weekly Chinese magazine Beijing Review. The Fingiish-language publication also says Taiwan is strictly China's domestic affaL* and warns that the US has no right to interfere, even if China
    AP  -  426 words
  • Article
    LONDON STOCKS
    747 14 LONDON, Tues. Share prices moved lower on moderate selling pressure today with operators concerned over current industrial action by the National Union of Seamen and over the prospects of strikes by public sector workers. At 3 pm, the Financial index was down 5.3 points at 449.8. Flsons was
    747 words
  • Article
    Lock icon Dow Jones lower
    98 14 AP NEW YORK, Tues. The stock market beaded lower this morning. The Dow Jones average of 30 industrials slipped 3.41 points to 965.36 in the first hour. Losers took a 5 to 4 lead over gainers among NYSE-listed issues. The week began amid hopes for lower interest
    AP  -  98 words
  • Article
    Lock icon More items to come under Asean PTA
    292 14 AFP ANOTHER L5OO products will be included under the Asean Preferential Trading Arrangements effective from Jan 24, the Malaysian Deputy Trade and Industry Minister, Lew Sip Hon, said. These items will increase the number of products exchanged under the PTA from 4,325 to
    AFP  -  292 words
  • Article
    Lock icon Teheran postpones debate on hostages
    122 14 Reuter THE Iranian Parliament has postponed to at least until today its debate and vote on two urgent government bills intended to clear the way for an agreement with the US on the release of the hostages. A deputy speaker of the Parliament said not
    Reuter  -  122 words
  • Article
    Lock icon Police crack down on protesters
    67 14 Reuter POLICE in Poland evicted demonstrators occupying government offices on Monday in the second such action in two days, according to officials of the Solidarity Free Trade Union. The officials, in Rzeszow, south-east Poland, said police broke into the building in Ustrzyki Dolne near the
    Reuter  -  67 words
  • Article
    Lock icon HK textile mills working below capacity
    222 14 AFP THIRTY small textile factories closed in Hongkong last year and many others are currently working well under capacity because of poor orders. Industry sources said the closures threw 2,000 workers out work and that this number might soon increase substantially because some mill
    AFP  -  222 words
  • Article
    Lock icon Hongkong commuters oppose higher fares
    162 14 AFP MORE THAN two million out of Hongkong's five million people were yesterday reported to have closed ranks against bus fare increases sought by two bus companies. A spokesman for an orrsation specially set up fight the increases, ranging from 30 to 100 per cent,
    AFP  -  162 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      275 14 NEW OPPORTUNITIES FOR STOCK PROFITS New glamour issues will emerge in changing U.S. society. While Wall Street continues to be mesmerized by high interest rates, undervalued U.S. equities are being accumulated by those aware of the climatic changes that will affect certain major groups of corporations. CAPITAL GAINS RESEARCH has
      275 words
    • Advertisement
      Page 14 Advertisements Column 2
      243 14 m SINGAPORE INSTITUTE OF MANAGEMENT DEVELOPMENT PROGRAMS FEBRUARY MARCH, 1981 COURSE TITLE DATE FEE (M«mb*r/Non-m«mb«r) Executive Growth Workshop Feb 11 May 27 (Wed) *****0/*****0 Effective Public Speaking for Feb 16 Mar 7 (Mon Fri) S$ 360/SS 420 Executives KTA Apex Executive Feb 16 -20 (Mon Fri) *****0/SS 1450 Problem Analysis
      243 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      60 14 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair and windy. Report for 24 hours prior to 7J p.m. on Juury IS at the airport. Maximum temperature 29.4 Associated humidity 69 Minimum temperature 22.0 Associated humidity 92 Hours of sunshine 6.55 Rainfall in millimetres Nil Total rainfall for
      60 words
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  • SHIPPING TIMES
    • Article
      Tankcargo appoints Granard as agent in S'pore
      175 15 A Swiss-based container leasing company, Tankcargo Container Leasing SA has appointed Granard Shipping Agencies (S) Pte Ltd as its agent in Singapore. Tankcargo offers mainly open tops and tank containers as these dominate its small fleet of 4,500 20-foot open toppers, 2,000 40-footers
      175 words
    • Article, Illustration
      Pacesetters take over APL's S E Asia route
      693 15  -  By JAN LEE AMERICAN President Lines has expanded the container carrier capacity on its Pacific/South-east Asia run by replacing its Seamasters container ships with the larger Pacesetters. This will increase its capacity from 1,066 TEUs on the Seamasters to 1,480 TEUs on
      693 words
    • PORTSIDES
      • Article
        Lock icon No signs of combat
        61 15 AFP A SWEDISH-registered oil tanker, the first to be loaded with Iranian oil since the Gulf war started in September, has arrived in Algeciras, Spain. An unidentified officer of the ship, the Sea Scout said no problems were encountered when the cargo was loaded at Iranian
        AFP  -  61 words
      • Article
        Lock icon World Cheer delivered
        63 15 AFP THE 27,148 deadweight ton bulk carrier World Cheer has been completed and delivered to its Panamanian owner Standard Shipping Co, the Osaka Yard Co, the builder announced. Equipped with a 10,550-hp diesel engine, the ship will have a cruising speed of 14.75 knots. It is 170.6
        AFP  -  63 words
      • Article
        Lock icon Conferences raise CAF
        52 15 Reuter FIVE conferences covering trade between Japan, Europe and other Far Eastern ports will raise their currency adjustment factor on cargo from Japan to 42.50 from 38.50, effective tomorrow. The five conferences involved are the Far Eastern, Europe/Japan and Japan/Europe, Hongkong/Europe, Philippines/Europe and Sabah, Brunei and Sarawak
        Reuter  -  52 words
      • Article
        Lock icon Trawler under attack
        57 15 AFP THE captain and first officer of a South Korean trawler, the Jin Yung 506, have been taken to hospital in Las Palmas, Canary Isles, with bullet wounds after a Moroccan gunboat attacked the vessel last week. The crew said the attack took place on the limit
        AFP  -  57 words
    • Article
      INDEX TO ADVERTISERS
      661 15 SMpptag UK PM* C«i Sktoteg UM P«Mte Cat AcMpeiego AMdc Ate* Afro-Eurasia Alltrans Alpao Angkutaa AjfOMVf ANL An toil APL Argentine ASCL Amu Ocean Aria Merchant Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Beabulk Bintulu Blue DUmond Blue Funnel Blue Star Burmese CAVN-FMG OCNI
      661 words
    • Article
      Container Schedules
      906 16 LCL CONTAINERS UNPACKED IN CONTAINER FREIGHT STATION (during the period 11.141 at 0100 hrs to 12.141 at 1900): Nordheide Bunga Dahlia Lampung Union Kingston Chevalier Rose Oriental Chief Talhslung Bunga Penaga Maersk Rando Maersk Mango A. Goncharov Petr Starostln Ned Delft Oriental Express P. Pierce Siena Sltlung Ever
      906 words
    • Article
      LONDON FREIGHTS
      1438 16 FAIRLY active chartering on Monday in the North American grain sector at mostly steady rates features an otherwise rather quiet freight market. A gain of 25 cents was seen for 51,000 tons of grain from the US North Pacific to Japan for Jan/Feb at US$18.75, but from California
      1,438 words
    • Article
      Lock icon Tanker owners still hit by oversupply of tonnage
      388 17 Reuter TANKER owners are still finding extreme difficulty in obtaining freight rates sufficient to provde them with a profitable return, london shipbroker E A Gibson says. The new year has started with a continued oversupply of tonnage, it says, particularly for very
      Reuter  -  388 words
    • Article
      Lock icon MITSUBISHI WILL SHIP CARS TO U.S.
      148 17 Reuter MITSUBISHI Motors Corp said it agreed to ship cars ordered by Chrysler Corp to its own US subsidiary and transfer ownership only when asked by Chrysler. Mitsubishi said its US subsidiary will retain ownership of the vehicles until Chrysler is ready to purchase
      Reuter  -  148 words
    • Article, Illustration
      Gigantic dredger delivered to OMO
      150 17 THE «Mm ii Mining Organism<l—(OMO) has finally takes delivery ef Its leag-awalted ttt milHss ha lit dredger (ram the Mining aad Transport Engineering B V of the Netherlands, after a nine-menth delay. The gigantic dredger, Jlar tkum arrived In Aaw Kham Galf, Phnket Prevtnee ea
      150 words
    • Article
      SHIPS IN PORT
      300 17 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Golden Summer (after Ka tutu bo) 25/26 Jenson (0700) 22 Lumut (0600) 20 East Li Shan (after Hyderabad) 8/9 Nedlloyd Korea (1800) 3/4 Nedlloyd Crystal (RO/RO) (1530 tide Must starboard a/ side) 5 Perak (0600) 20 West Potsdam (after Bai Pao) 46
      300 words
    • Article
      Lock icon Alarming rise in marine pollution around the world
      1120 17 Lloyd's Ship Manager MARINE pollution is on a very marked increase around the world, according to the Oil Spill Intelligence Report. Incidents of oil spilled or burned worldwide in 1979 were up 56 per cent on the previous year. Tankers alone showed
      Lloyd's Ship Manager  -  1,120 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1177 21 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      1,177 words
    • Article
      SHIPPING EVENTS
      147 22 UNDERSTANDING Iflvertmeato la Skipping 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. Marlae and part teehaal•flea a leak lata the fatare Feb 10-13, an international conference in conjunction
      147 words
    • Article
      Lock icon Grain rates soften on freight market
      769 22 AFP NORTH American grain rates eased back on the freight market last week as initial enquiry for cargoes in the New Year failed to match the tonnage available. But coal remained a buoyant sector as the queue of ships in the Hampton Roads continued
      AFP  -  769 words
    • Article
      UK owners threaten to sell their vessels
      357 22 BRITISH seamen who began industrial action on Monday over the rejection of a 16 per cent pay offer are unlikely to accept the improved offer of 12 per cent against 10.5 per cent initially offered, National Union of Seamen assistant general secretary Sam
      357 words
    • Article
      The Consortia
      136 22 THE major shipping consortia operating between the Far East/ Europe and Straits ports/Australia and the member lines: ACE (FAR 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
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      254 15 Everett Lines! F0« THC MOST f«IQUf NT SAILINGS TO BANGKOK HONG KONG JAPAN BUS AN CHTT A GONG CALCUTTA CHALNA •Rangoon bucnos aires MANZAMLLO ACAPULCO IWNtI Itumsldp Corp*. t/A CMtefd Centre Stnppwe ITd 954«1/9 36. Beach Street. Pen** Rm 36 103 OCBC BWc Td *****/3 Port Mart Agents SOCSHP CO
      254 words
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      Page 15 Advertisements Column 2
      255 15 SSEALORDH UASC UNITED ARAB SHIPPING CO'SAGj EXPRESS MULTI PURPOSE SERVICES S'para Loading for Aiitptii ftiNihMt My Kuwait (13/Z) Shuaiba (15/2) Damman (17/2) Doha (19/2) Abu Dhabi (21/2), Dubai (23/2) I Acceoting Containers/Breakbulk Kuwait m) Si (5/3) Abu Dhabi (8/3) Dubai (10/3) Mina Qaboos (12/ I FULLY CONTAINERISED SERVICE aq cargo
      255 words
    • Advertisement
      Page 15 Advertisements Column 3
      548 15 (PTE) LTD. (Sales Services) AGENTS Dtsimnats STOCKISTS. Deck, Engine, Provisions Dry Frozen, Bond Galley Suppliers. Add 463, Mocpherson Rd. S'pore 1336 TEL: *****21 (tOhnes) Office on the wre *****11 (24 HRS) *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: UJS. PACIFIC, GULF, ATLANTIC, EAST CANADA. ASIAN PORTS Kelaitf I Penang
      548 words
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      873 16 MALAYSIAN INTERNATIONAL SNIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CON LAY, P.O. BOX 371, KUALA LUMPUR 0449, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Frow To tow Contain* Sirhcc Feeder Ket*« 1) G'b«r| 2) H'burg 3) B'een 4) R da* 5) Le H Sated Sated Sated
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      Page 16 Advertisements Column 2
      271 16 K> SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA ffrm cw m m 17*17/1 13/2 21/2 23/2 »a/i n/z v) 6/3 17 11/2 17/3 22/) 24/3 24/2 a/2 27/2 1/3 11/1 12/3 23/3 27/3 21/3 St Ma HOrt. HnM 1/3 4/3 IV3 U/3 1/4 3/4 SINGAPORE CALIFORNIA
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      409 17 Overseas Containers Limited Weekly service toffrom UK/Europe CONTMOSHP soma TO UR/CQNTRCTT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok ContainanNp Scrvico To/From Banfkok mm rui I MM 14/ ISM 11/UI rum a/a m i Singapore to Sabah. Sarawafc and accept* smcuok cahn passengers, m ***** Banjfcak Agents: Borneo
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      Page 17 Advertisements Column 2
      331 17 Franco Belgian Services iLr {F<ir Kent Frcich Service inth BtUjxin t>ir J.xne■- C.M.C.R. 3 SEAPAC CONTAINER SERVICE mi comtmo gnc to mm rau cowtmp sbwice from usjl FEEDER ¥SL K KM STORE MOTHER VSI U OM GULF E/C MOTWR VSL t/C GULF LA OM Ml Ft**r M SP PR PNG
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      710 18 Hapag-Uoyd TO NORTH EUROPE EXPORTS TO NORTH EUWrE/MEMTtamai/ S pore PR ?6 12 17/2 19/2 Pen Bilbao Genu H'burj B'haven Rdam Antwerp 3/2 27/2 25/2 13/3 11/3 8/3 6/3 23/2 21/3 19/3 1/4 29/3 26/3 24/3 to usa/cahada Taconu 15/2 22/2 1/3 1/3 15/3 22/3 •connect in Kooshiung "connect in
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      Page 18 Advertisements Column 2
      553 18 KOREA S M LINE CORPN P. K«tenc ALT A® 159W In Port ALTAR 160E In Port POMN6 STORE 17-lt Jan 19-21 Jan FROM BUS! BANGKOK 17-11 Jan 19-21 Jan TO SUSAN VEGA 1571 V 22-26 Fab 27/2-1/3 2-5 March FROM BUS BANGKOK VEGA 15ft 22-26 Fab 27/2-1/3 2-5 March TO
      553 words
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      Page 18 Advertisements Column 3
      529 18 ©EVERGREEN LINE FAR FAST FUROPF FXPRFSS FUII CONTAINER SFRVICF ACCEPTWG CARGO F<* HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. IE HAVRE ALSO ACCEPTMG CARGO FOR: UMTED KMGDOM SOUTHAMPTON, LONDON. MANCHESTER. HRMMGHAM BRISTOL. LNERPOOL. GLASGOW. LEEDS WEST GERMANY BKHngßvor HOLLAND AMSTERDAM lvarl»l 17/W1 27/11 7/K 11/12 14/12 IVK Era fete? 27/11 17/12 11/12 21/12
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      Page 18 Advertisements Column 4
      788 18 A Everett Lines Bftm Frv# Star Sbippii Carpa. "BURMESE NATIONAL LINE" LOAOM6 FOR RANGOON B.F.S.S.C Aonrm in Matoyva BOUSTEAD SHPPNG TB. NOS KL *****2/*****9 Chrimm Amatin Ot rSj limwiiMHt. A.C.LF. mj "ARGENTINE NATIONAL LINE" It i.ill. I r u S>« 30/31 tan 27/2B FA Trwwporf ci«w Mwitiwi Mcxictna S. A.
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      Page 18 Advertisements Column 5
      583 18 MMI ao.s.E. OCEAN SHIPPING ENTERPRISES PTE ITD. liftri MEL. STD (ABEL) 2S/2C FA 27/21 F* STD. HL. MCI JAPAN/STRAITS SERVICE SUNNY OCEAN OCEAN RESOUtCES QTSWN STM 2S-; mm. 30 ■fills 2SNESTEM WVEJt 5KLA KOTO 9CUTSTAL STM 11sewb. Mom xun vmmt t bwbwp nt i» warm m znimn i mi37t i
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      826 19 jmm L. PIL GROUP EAST AFRICA/REDSEA SERVICE m A#ft 20/25 Jan Aqatoa KOTA TMMUft 20/25 Jan KOTA CAMAYA 2am Jan i (Accepting o Hodiidih KOTA WVJwT SejAAAH KOTA CANTKIO/19 Fato MlAccaptwy COLOMBO/KARACHI/P. GULF SERVICE KOTA BAKU 20/25 Jan Colombo, Karachi, Dubai, Kuwait SINGAPORE/CHITTAGONG/RAKGOON/SER VICES KOTABUANA. KOTAMACHAM. SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES KOTAANOKABA.
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      780 19 m*l BEN LINE If CONTAINERS 4 EXPRESS com MO SERVICE TO/FROM EUROPE KMC rm«N BM NAME SOW F>m Hm B'kMw r«M few* UA racket 24/1 MMlq 19/2 a/2 22/2 24/2 U/2 UsL V 2 IMi M 1/1 V 3 21/2 VI V 3 M 7/2 OMAM l/> V) 2t/2 V)
      780 words
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      Page 19 Advertisements Column 3
      470 19 Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE m uf d/UK/WC/SCAW f 14 ''4 ,l\ If V v h V i V > h MM i rpm i>irMto2>RM 3>NMI«>CM amjMH a/i 4/7 1/2 10/2 12/2 inw 27/1 11/2 11/2 17/2 15/2 HO oan 1/2 11/2 21/2 24/2 21/2 ma 11/2 25/2 2/3
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      487 19 BOUSTEAD SHIPPING AGENCIES SINGAPORE •to Rmmom Lop^town pTtiii (also accepting East I BANK LINE FOR REUNON SOUTH AFRICA SNIRRA BANK SHIRRA BANK S'wong 2 30/3 27/1 16/4 4/2 20/4 12/2 27/4 '0/2 29/4 in and Maputo carjo) Lykesyfe Lines U.S. NEST COAST SERVICE Ohadtroai SfO Lbcn ASHLEY LYRES 13/1 10/1
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      655 20 Kline KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEBBVBKLS* PI 9 fmtf Act tM 22/1 21/1 IMRMIIM 1/2 5/2 11/2 11/2 CaqaM aha tar I h*m,SL JaM.PMiJi,lli. I TO EUROPE t. Uw( L Havre ftam Kbarf Bremen Awarp FROM EUROPE TO FAR EAST •1 Ham t. Katef
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      Page 20 Advertisements Column 2
      425 20 CAUFORRM/PAOFIC NORTH NEST SERVICE EXPRESS CONTARER/REEFER SERVICE WTTU. TKOM. 1 AUSTRALIA EXPRESS CONTAINER SERVICE •cap** Fa/Fa riihm pumi s'por* in mm m Sit fm 21 M 77 tm 3 Fok «Fok UFA 11 ft 12 F«b n F* 3 Mr 10 Mr MM* IS Mv I Apr 13 Apr 20
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      427 20 S S A SINGAPORE SHIPPING AGENCIES PTE. LTD 70 TH f l ()C M OCf A\ H'ULniM, SI %j A MAPKf T t%G 9111?.' t'.fMAL > T "Vi«,Ai I f f 122 VH I T£Ll* «S?4' J MS ?',bbB AB C AKSHIP ("A < •Mllllll Mill ■<■■■ ISejliwnal r'oiit.'iiiuT Lines
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      510 20 KORINS MARITIME SERVICES 7 60 1 l(_ B Bu'icJ ng »\\i> 'e MIDDLE LAST/RED SEA/EUROPE SERVICES rrai r. nunc looms for 11/U tm MM SA'VI Itk Ll\ts A T* 0' tlf Si'*'* G".'jC 3' Company UNER SERVICE FROM KOREA 'TAIWAN 'HONG KONG TO SINGAPORE NMaOKV.74- 1M 'ft T Jftf Hyundai'l
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      Page 20 Advertisements Column 5
      554 20 t INTRASEA (PTE) LTD *V-* House 23-JE Ocharo Road 9 *****1 1 *****5 < N TOBMPI BUUOGKIW UK (AWN) *•> MTMSA (fit) LIB *****11 BOOKM *****57 TBI SMPPM IIRAOM 4HM4, 4WM2. 4M 0 ALPACLINE ALPAC ASIA V.45 t«"tv Shppn HTtASU (PTC) LID 2352C11 BOON* *****57 K.Lmp»- lEO Mil Mb I
      554 words
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      618 21 NEPTUNE ORIENT LINES LTD Containers Feedered to/from F'stovue Also accepting cargo to/from Scandinavia +K. JACEWON S pore Closing Times: FCL Cargo 0300 19/1 LCL Cargo 1500 18/1 FROM EUROPE (VIA SUEZ): TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E. Malaysia Carriers' option to proceed via other ports
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      Page 21 Advertisements Column 2
      323 21 SAUDI EAST LINE Express Conventional Service To .taJdoh, (Gizan, Yenbo) SJN PK M.V. SAUDI SUN V.l/Sl iSm*FI«) II MN M.V. SAW STAR V_2/<1 (Sm* Fta() 12 FEB 14 FEB Gen Ajents Malaysia (K I Penanj OCEANUS SHIPPING AGENCY PTE LID 63A Is) Floor Anson Centre Smjapore 0?07 TIX RS *****
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      403 21 OCEAN LINES| REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE S port PManc Penan* Lo**«| tor: 15 iM Port Said/Lanaual/Ateianfru Pkaam/Bairot/Rijeka OWNED VESSELS SAGASIA PTE LTD. (LOWS W* YFUS GROVP OF COMPMiICSt I* zm» (S irni) 1BD: B 2MM JOB t klmc rto avrtft m mt> m »*ii/s nam iw n«
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      Page 21 Advertisements Column 4
      327 21 KUWAIT m.v. "M AHARASHMI" Loading 18/1/81 At PSA GDN 6/7 for Kuwait BAKKE-SIME DARBY SHIPPING PTE LTD. Tel: *****33 M LEMON SHIPPING PTE. LTD. 1508 Robma House Shenton Way Singapore 0106 Tet *****33/4. *****04. *****14. *****71. *****05 SALAWH/KMIACHI SERVICE ETA Spore MV BANGPOO LOADMG FOR S*M/Karacto P Kelang Agent RADIN
      327 words
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      272 22 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALDIVE NEIGHBOUR 20/1 Loading For Dubai/Bahrain/ Damnum MALDIVE LOYALTY In Port Loading for Hodeidah MALDIVE SEAFARER In Port Loading for Jeddah/Gizan MALDIVE PIONEER 30/1 Loading For Jeddah MALDIVE UTORTER In Port Loading For Male MALDIVE PROGRESS 20/1 Loading For ieddah MALDIVE
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      Page 22 Advertisements Column 2
      340 22 ft JOHORE SHIPPING LJf 161 lAIAN TENGKU BADAP PORT KFIANG r sl§ SU ANGOR MAIAYSIA m HAJ SHIPPING SDN. BERHAD hjygSSSSL Express Uratkwd Service from P. Keiang East Malaysia Brunei PKLG Loadng for MZCUN KASANUN V: 1/81 ta Port KK, SANDMAN RIZCUN HASANUN V: 2/81 26/1/81 KK. SANDMAN MZCUN HASANUN
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      Page 22 Advertisements Column 3
      197 22 H'niloaa Etp'esi Aest 4i<j fait Malaysia Accept ng up to lb ton TITI SHIPPING TRADING SDN BHD Y«H hiong guan navegacnn UiU! j CO., LTD REGULAR UNER SERVICE SPORE PKLANG LOADING FOR NUSANTARA V 1970 In Port DUBAI SALALAH DENPASAR II 10/2/81 13/2/81 DOHA, DUBAI, MUSCAT ALL VESSEL 15 TONS
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      306 22 A ANTOLL LINES o»ect B Is to Adelaide Melbourne S»dne» Brisbane Independent FCL Container Conventional liner Service SINGAPORE l N SltPflNG PTE I TO 1401 5 RoOcia House Shenton Na* Sngapore 0106 Tli RS ***** Tel *****11 Bk s *****43 WIST MALAYSIA HS M <:M Sdr Bhd *1 Tel *****3
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      Page 22 Advertisements Column 5
      235 22 JjL BLUE STAR LINE /J*. SINGAPORE NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND, WELLINGTON, CHRISTCHURCH FIJI SUP SMS SPWK NEW PLYMOUTH PI CHUMERS NEW ZEALAND STAR 23 lAN (FEB 4 FEB AUSTRALIA STAR 24 FEB 10 MAR I MAI
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  • Page 22 Miscellaneous
    • Miscellaneous
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      204 22 J Wi i 3 a >-r V fj SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.90 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Temperature Shower Weather Wind direction with speed in knots Rain Cloudy Sky Wave height Sarfaee winds an Indicated by arrows which fly with the wind One full
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