The Business Times, 17 February 1981
1981-02-17
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The Business Times
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Title Section11 1981-02-17 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, FEBRUARY 17, 1981 60 CENTS11 words
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BRIEFLY...
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Article69 1981-02-17 1 AP SAUDI ARABIA, Mon. Saudi Arabia will soon release 21 Americans held in Saudi prisons as a gesture of goodwill to President Reagan, an informed Saudi source said today. The promise to release the captives was made to Senator John Tower, chairman of the US SenateAP - 69 words
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Article61 1981-02-17 1 Reuter LISBON, Mon. Drought has virtually wiped out Portugal's rice crop this year and the country will have to resort to massive imports to satisfy internal demand. Agriculture Minister Antonio Cardoso Cunha said that the government would probably have to appeal for international aid. Trade sourcesReuter - 61 words
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Article60 1981-02-17 1 UPI MANILA, Mon. Suspected Muslim rebels kidnapped two Australian engineers in southern Philippines today and one is believed killed and the other seriously injured. An Australian embassy spokesman said the two engineers, both males aged 43 and 47, were seized on the main highway of Kumalarang town,UPI - 60 words
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Article68 1981-02-17 1 Reuter TEHERAN, Mon. A group of 38 prominent Iranian intellectuals, many of them opponents of the late Shah, said today two years of Islamic rule had brought repression, torture and injustice back to {ran. The charges were made in an open letter signed by writers, academics, lawyers andReuter - 68 words
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Article68 1981-02-17 1 Reuter BRUSSELS, Mon. The EEC Commission today deferred until Wednesday final approval of a new farm package which would give the community's farmers a rise in prices averaging 7.5 per cent. Discussion on the 1981-82 farm proposals made by Agriculture Commissioner Poul Dalsager was prolonged by the needReuter - 68 words
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Article89 1981-02-17 1 Reuter MANILA, Mon. President Marcos today hit out at his critics and said he would make every effort to ensure that they never achieve power. Marcos, 63, in power since 1965, was replying to criticism by opposition leaders in an unprecedented debate on government television last night.Reuter - 89 words
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Article81 1981-02-17 1 UPI NEW DELHI, Mon. Nearly one million Indian farmers gathered in the city in a governmentorchestrated support rally for Prime Minister Indira Gandhi, who promised the crowd "we will do everything to better your lot." Observers said the rally was the largest in New Delhi since IndiaUPI - 81 words
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Article135 1981-02-17 1 Rises Indices Syn Resin* Tractors Dunlop Est 550 630 460 30 10 6 B.T. Indicator: Feb 13 Feb 16 *****.*****31.24 MBS 510 5 Industrials: 773.73 746.27 U O L Warrants 96 1 Finance: Hotels: 1526.92 1481.42 1080.29 1059.07 Fails Properties: 726.39 698.23 Gentings Magnum Corpn O C135 words
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Article, Illustration151 1981-02-17 1 Falls Indices Tronoh OCBC Genting Magnum 1900 1520 1280 2330 -160 -130 -120 -120 B.T. Index: Industrials: Feb 13 Feb 16 *****5.91 *****.66 970*81 938.35 PMC 1270 -90 Finance: 1529.36 1486.99 Hong Leong Fin S pore Land 550 780 -80 -80 Hotels: Properties: 519.40 513.46 904.73 866.92 B151 words
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Article778 1981-02-17 1 BIBIANA CHOO - 27-POINT FALL BIGGEST SINCE 1973 By BIBIANA CHOO LIQUIDITY problems faced by broking firms, particularly by those in Malaysia, coupled with an administrative bottleneck, put an abrupt end to the Singapore stock market's six-week bull rally yesterday. Buffeted by bearish news of the imposition of778 words
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Article217 1981-02-17 1 UNDERPINNED by indications of tough new economic policies from President Reagan, to be announced tomorrow, and prevailing high US interest rates, the US dollar made fresh gains in world foreign exchanges yesterday with some of the biggest one-day advances seen in months. Gold was slightly217 words
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Article414 1981-02-17 1 THE SINGLE most Important factor in improving productivity is the insistence by management on a high and continuing level of product quality. This is the message Mr Walter L. Hurd, Jr, has for senior managers at a seminar on Product Assurance yesterday. Mr Hurd is414 words
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Article309 1981-02-17 1 ARTS students will stand a better chance of gaining admission into architectural studies at the National University of Singapore in future. There will be less bias in favour of science requirements when changes are made in entry requirements for the School of Architecture. An advisory committee chaired309 words
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280 1981-02-17 1 HOT the beets of Its week-end acquisition Announcement, Perak Carbide Corporation Bhd (PCCB) has reported another agreement to purchase three more property companies. IV compaay Intends to acquire the entire paid-op capital* of KYW Fnter prises Sdn Bhd, Guug Petallag Sdn Bhd, aad280 words
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461 1981-02-17 1 FOO CHOY PENG - By FOO CHOY PENG THE Government and employers should encourage more of their senior and middle management staff to take part in voluntary community and social service. This can be done by initiating campaigns within their organisations to promote more participation in such work,461 words
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Page 1 Advertisements
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Advertisement14 1981-02-17 1 The Straits c 7P a ™f' Times k»(S!S; WMCTOKf Agencies Of Singapore (Buku Merah)14 words
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Advertisement277 1981-02-17 1 BIG OIL DOES IT MEAN BIG PBOFITS Decontrol of U.S. oil prices means wrong advice for many Stocks of integrated oil companies have been among the best performers on United States markets for the past 18 months. Now that President Ronald Reagan has moved up decontrol, Wall Street analysts are277 words
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Advertisement85 1981-02-17 1 Feature...page 7 UMIIDSUPS and downs in the advertising bu5ine55.............................. 5 WOULD Britain be better off without North Sea our I REVIEWING activities of the School of Architecture 7 SHIPPING TIMES NO EXCITEMENT expected from Sime gr0up....................... 11 IMF and Saudi Arabia close to loan agreement....... MM 11 SAUDI Arabia to85 words
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Advertisement0 1981-02-17 1 `%?']|^/^/-}=[$?+\::\@>__&~^(?[0 words
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Advertisement282 1981-02-17 1 >v ISH\css\ Business FOR PEOPLE WHO MATTER I Tmes POTKXJCOIS I PutMCOlK>n Is Oil blowing ICAP apart? ABQ 4th Quarter 1980 CAP does not appear to be working out very well When Australia introduced ICAP some two years ago. it sought to create a lower air tares market which would282 words
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REGIONAL
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530 1981-02-17 2 Reuter A UNITED Nations report has called for cooperation among developing countries of Asia and the Pacific region to ensure they got adequate supplies of petroleum at reasonable and predictable prices. It said cooperative arrangements were vital because petroleum products would continue to beReuter - 530 words
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122 1981-02-17 2 UPI PHILIPPINE church leaders have received death threats against Pope John Paul n, prompting one of the country's biggest security operations. On the eve of the Pope's arrival, the government announced yesterday that everything is ready for the second papal visit in a decadeUPI - 122 words
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326 1981-02-17 2 Reuter A LEADING opposition member yesterday urged President Marcos to let his arch rival, Benigno Aquino, return to the country to campaign for an opposition candidate in the May presidential elections. Ex-senator Salvador Laurel, a member of the United Democratic Opposition (Unido)Reuter - 326 words
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174 1981-02-17 2 UPI THE ousted Democratic Kampuchean regime of Pol Pot has agreed in principle to join a coalition government proposed by former Head of State Prince Norodom Sihanouk, a North Korean broadcast said yesterday. The broadcast monitored in Tokyo said Sihanouk met Som San,UPI - 174 words
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Article64 1981-02-17 2 Reuter PRESIDENT Sanjiva Reddy told a Joint session of Parliament yesterday India's economy is on the road to recovery but there is no room for complancency. He said that in the 13 months since Prime Minister Indira Gandhi had assumed office, her government had "goneReuter - 64 words
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Article500 1981-02-17 2 THE Asean countries have moved a step closer to harmonising incentives offered to potential investors. The Asean Board of Investors (BOI) is jointly exploring ways and means by which both Asean and non-Asean private sectors may be encouraged to invest in the region. The areas500 words
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Article286 1981-02-17 2 Reuter AN American-based relief organisation yesterday said it has worked out an aid programme for Vietnam where the food situation is far worse than in Kampuchea. A spokesman for World Vision, an international relief agency with headquarters in Lo6 Angeles, said the food aid scheme wouldReuter - 286 words
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Article191 1981-02-17 2 Reuter SOME of the 12 Japanese companies which used to import Iranian crude have signed nine-month contracts with the National Iranian Oil Company (NIOC) and the others are expected to finalise agreements soon, Tokyo trade sources said yesterday. The agreements cover between 170,000 andReuter - 191 words
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Article138 1981-02-17 2 AFP A DOZEN polyester fibre manufacturers in Taiwan are outraged over the possibility of a patent right being approved for Du Pont by the National Bureau of Standards. Du Pont recently applied for a patent to cover its draw-texturing technology in the production of polyesterAFP - 138 words
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THE REGION IN BRIEF
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Article624 1981-02-17 2 Agencies CHINA registered a trade deficit of US$56B million in 1980 compared with a deficit of $1.87 billion in 1979. Last year's imports totalled $18.6 billion, up 19.8 per cent, while exports were $18.06 billion, up 32 per cent. However, if inflation is taken into account, exports grewAgencies - 624 words
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Article830 1981-02-17 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JEKSFOHKG MAS MH601 0630 KUL CARGO CVT96 0715 LUX/DXB SIA SQ101 0815 KUL MAS MH605 0830 KUL MAS MH621 0636 PEN RBA BI427 0930 BWN SIA SQ211 1000 HLP CAL CB14 1000 HLP SIA SQ103 1000 KUL830 words
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Page 2 Advertisements
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Advertisement209 1981-02-17 2 1• k f- I -~T' I •If t i: builtstronger la last longer. w*m mm <5> •a S3*? 9 Ford Econovan i«a i a—t Fore/ Courier I Imported direct from Japan. /Vow there are vehicles that can make more money for you. Ford trucks and vans have a longestablished and209 words
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OVERSEAS
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517 1981-02-17 3 NYT MANY corporate economists expect sluggish economic activity in the tJnited v States through the first half of this year, despite surprisingly steady business signals last month. However, they see the economy picking up in the second half, building towardNYT - 517 words
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543 1981-02-17 3 Reuter CHINA'S retreat from the aggressive industrialisation plans launched in 1978 could cost West German comparyes as much as two billion marks in business, i German industry sources said China has already 4>ugbt to stop one of the largest projects, theReuter - 543 words
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177 1981-02-17 3 Reuter EUROPEAN Common Market finance ministers meeting in Brussels are expected to set up a multi-billion-dol-lar loan facility to finance oil deficits within the community, diplomatic sources said. The EEC Finance Council would also look at the budgetary implications of the forthcoming roundReuter - 177 words
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244 1981-02-17 3 Reuter PRESIDENT Reagan takes his war on government spending to Congress this week when he unveils his plan to avoid "economic calamity". His appearance before a joint session of the Senate and House of Representatives tomorrow follows weeks of economic warnings by the newReuter - 244 words
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Article192 1981-02-17 3 Reuter ISRAELI Labour Party leader Shimon Peres has been quoted as saying that he would accept US military bases in Israel if they were needed for strengthening the West against the USSR. Mr Peres, tipped by public opinion polls to win next June's generalReuter - 192 words
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693 1981-02-17 3 FEAR OF LOSS OF EXPORTS AP HUNDREDS of corporations, fearing the loss of millions at dollars in exports, are gearing up to fight the Reagan Administration's proposed cuts in the budget of the Export-Import Bank (Eximbank), which aids them to do business abroad. TheAP - 693 words
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196 1981-02-17 3 AP THE US Commerce Department has announced secondquarter floor prices for imported steel sold in the US, raising the "trigger price" 4.4 per cent above the current level. The action, which applies to steel imported after April 1, means imported products from integrated steelAP - 196 words
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WORLD IN BRIEF
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Article421 1981-02-17 3 Agencies BRITAIN'S inflation rate, which fell to 13 per cent in January, could be back in single figures this year. Chief Secretary to the Treasury Leon Brittan said after the release of the January retail price data that "the figures are somewhat better than expected, so itAgencies - 421 words
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Page 3 Advertisements
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Advertisement100 1981-02-17 3 No,all Ginsengs arerftthesanie. Korean Red Ginseng fine quality Ginseng still grown in Korea today, as it did hundreds of years ago. Buy it in the distinctive Korean Red Ginseng can. Available at Chinese Medical Shops island wide in 3 grades and 3 sizes. 1 -F. r ri it Korean Red100 words
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RAW MATERIALS
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253 1981-02-17 4 Reuter A PROTRACTED slump in the copper concentrates market could result largely from increasing exports from the US where production is threatened by tightening pollution laws, Metals and Minerals Research Services Ltd says. A press release outlining a study of the unrefined copperReuter - 253 words
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Article256 1981-02-17 4 AFP MALAYSIAN government agencies are expected to develop more than 200,000 hectares for planting oil palm under the Fourth Malaysia Plan. On the average, about 40,000 hectares would be developed a year under the plan, according to the latest issue of palm oil update, a publicationAFP - 256 words
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Article206 1981-02-17 4 THE Singapore market yesterday closed slightly lower with March One RSS buyers quoted at 278.00 cents a kilo, down 1.75 cents from last Friday's close, dealers said.» Morning prices lost about 1.50 cents on reserve of buyers and some speculative selling, they said. But afternoon session was quiet and206 words
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Article328 1981-02-17 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 275.50 276.50N Int. 1 R.S.S. March 278.00 278.50 Int. 1 R.S.S. April 281.50 282.00 Int. 2 R.S.S. 260 00 261.00N UK/Cont 259 00 260 00N Int. 3 R.S.S. 257.00 258 00N328 words
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Article112 1981-02-17 4 NOON SSR and SMR p ricaa yesterday RAS SSR 30 SSR SO (1 too (1-too pallet) pellet 1 March (Carraat Mth) Bayer* Sailer* 243.50 244.SON ***** *****N April (Forward Mth) Bayer* Sellers 245.50 J47.SON 242.00 244 00N MRELB SMRCV SMRL SMR 5 SMR GP SMR 10 SMR112 words
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Article77 1981-02-17 4 THE STRAITS tin price In Penang yesterday fell 34 cents to Ms3s.4s a kilo bat was still within the International Tin Agreement's middle range price of $31.11 to $32.74, dealers said. Higher disposals of tin and sterling's weakness against the Malaysian dollar were the factors behind the fall77 words
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Article34 1981-02-17 4 Rubber: Feb 16 Singapore: March: 278.00 centa (down 1.75 centa) Malaysia: March: 301.25 cents (down 0.75 cent) Tin: M $30.46 per kilo (down 34 centa) Official offering: 200 tonnes (up 79.75 tonnes)34 words
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117 1981-02-17 4 Reuter WORLD grain reserves should increase in the coming crop season unless the weather turns out to be unusually poor, a US government report said. The US Agriculture Department had previously reported that world grain stocks would fall by the end of June toReuter - 117 words
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Article176 1981-02-17 4 CHINESE Pradaee Exehaage, Slagapare, aaaa claalag prices per 111 kg yesterday. C*«MI til: Bulk fob *129.00 sellers, old drum (in second hand drum) fob $139.00 sellers, new drum fob $145.00 sellers Capra: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asia NLW $425 00 sellers, Sarawak white176 words
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Article193 1981-02-17 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yara: China Blue Phoenix 20s 2,190; 32s 2,750, 40s 2,960 (per bale of 400 lbs). Pteee gssts: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article329 1981-02-17 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 0.98, 100 per cent third class 0.97, 25 per cent new crop no stock, B-10 per cent 0.85. THAI BROKEN: A-super 0.78. Special 0.76.329 words
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Article911 1981-02-17 4 COFFEE: Robusta futures yesterday closed the morning steady but with pared gains from the opening of £17 to £5 a tonne from Friday. The market had opened between £20 and £9 a higher. Turnover was 990 lots. Any support derived from currency factors at the opening were later911 words
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Article131 1981-02-17 4 THE Kuala Lumpur market ruled higher om continuation of last week's short- covering is moderate trading, dealers said. I In the south, February, March and April rose Mss each to $1,025. 11,015 and $997.50 a tonne respectively, while the central region was uhr changed at $1,010 in February.131 words
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ASIAN STOCKS
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535 1981-02-17 4 TOKYO SHARE prices yesterday closed slightly higher on light bargain hunting after the recent sharp fall, but trading was very quiet due to high outstanding buying contracts in margin trading, dealers said. The market average rose 4.70 to 7,165.52 with volume 170 million shares. The535 words
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Article323 1981-02-17 4 Source: (THE market yesterday opened strong on a continuation of Friday's closing rally. Sellers soon swamped the early buyers and the market dropped sharply from its opening levels. Trading during mid-ses-sion was dull, about 18 points below Friday's close. Selling pressure picked up during the last 30 minutes andSource: - 323 words
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Article250 1981-02-17 4 MINING and resource stocks continued declines in moderate trading, due to limited overseas purchases and lower gold prices dealers said. The all ordinaries index was down 4.7 points to 649.1 while the all industrials rose 2.6 to a record 674.4. In oil and gas issues, Santos eased 30 cents250 words
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Article295 1981-02-17 4 STOCK prices yesterday closed mostly lower in the absence of buying support in weak trading, dealers said. Mah Boonkrong Drying and Silo and Jalaprathan Cement fell one baht each to 187 and 116 respectively, First Trust dropped 0.50 to 73 and South Asia Fibre 2.50 to 88.50. Gainers were295 words
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Article103 1981-02-17 4 <• PV3B 16 Pesos *'tm Acoje Mining 0064 uni% Atlas Con A Alias Con B 28 50 u nC Baguio Gold 0052 unm Benguet Con B 62 2 2 BK Goodrich u SO undP CUCP 5 un<40 Inco B Land oil m Lepanlo B 1325 Marinduque B 10 un<£103 words
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Article28 1981-02-17 4 H.K.HANG SENG Monday u Week Ago m AUSTRALIAN INDUSTRIALS <* Monday 67 tl Friday 5: Week Ago.... ALL ORDINARIE8 Monday m MM Friday S5M Week Ago 8SV328 words
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Page 4 Advertisements
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Advertisement184 1981-02-17 4 AN INVALUABLE GUIDE to the banking, finance and insurance community 'V r '*1 ii %>'•! -.V- -£»>T <..? ■4 V r> .-1■apwsssf' •v m N S&SL^ N 1 us 4 Si f Yv JF > 1 Hi ">- vaeaaiw -«< V 2-«w. i ft CONTENTS a copy Available at all184 words
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TRADE AND INDUSTRY
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Article278 1981-02-17 5 .THE organisers of Singapore International Fair '81 .yesterday sent off a twomember delegation to Aus- tralia and New Zealand to promote the fair which will be held later this year. Previous fairs had tended to concentrate on Singapore or Asean participation, said an official of278 words
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Article, Illustration202 1981-02-17 5 MOBIL OIL Singapore has appointed Daney Dun to as manager. Mr Sugihara has been transferred to }tfobil Europe as a senior executive. Mr Dunn, who holds a BSc degree from MIT and an MBA degree from Harvard Business School, has been with Mobil Oil since 1964. He202 words
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Article, Illustration72 1981-02-17 5 THE three-metre diameter Dall insert shown above is one of four such flow measurement devices being supplied by Kent Process Control for the La Mesa water treatment plant in Manila. Kent Process Control is part of Brown Boveri Kent which recently moved its Asian regional head72 words
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Article169 1981-02-17 5 A ONE-DAY seminar on computer crimes will be held on March 12. The seminar is organised by Medora Tong Chow and Touche Ross. Case histories of major frauds committed through the use of computers and other modern technology will be presented at the seminar. Also discussed169 words
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Article, Illustration89 1981-02-17 5 THE general manager of Telecoms, Goh Seng Kim recently visited a British factory where submarine telephone cables are manufactured under dust-free conditions. A production superintendent with Standard Telephones and Cables explained to Mr Goh the function of the bulkheads which sea] the repeaters to the89 words
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Article318 1981-02-17 5 SEVERAL advertising agencies in Singapore have lost their major accounts but some have recouped their losses by winning new accounts over the past six months. The soft drinks advertising accounts remain the most fluid with agencies playing a game of musical chairs for the lucrative318 words
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Article556 1981-02-17 5 SEMINARS AND COURSES Feb 19-20: The Law Relating to Company Directors, Hilton Hotel, Consulasia Feb 19-20: Credit Management, Hilton Hotel, Acumen Credit Services Feb 20-Mar 17: Effective Customer Transactions, Buldt Timah Campus, Department of Extramural Studies, National University of Singapore Feb 21: Minutes Taking for Secretaries, Suite 36C556 words
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Article217 1981-02-17 5 RECOMMENDATION by friends and relatives was the main factor in jewellery store patronage. This is particularly true among customers in the higher income group. These findings were drawn from interviews conducted by Ogilvy and Mather Research in November last year, and published in the latest217 words
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Article51 1981-02-17 5 VISITING Danish supermarket owners and managers, on a study tour of the region, were impressed by the professionalism and sophistication of local supermarkets. Singapore, they said, is more of an open market than Denmark and this is evidenced by the wider range of products available in the51 words
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Article494 1981-02-17 5 RICHARD SEAH - By RICHARD SEAH A LOCAL electronics company may soon be the first in the world to develop a microprocessor-based controller system that will help economise electricity consumption in small and medium size commercial airconditioners. The company, Monitrol Automation, is one of two local electronics companies recently494 words
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Article196 1981-02-17 5 SINGAPORE Jaycees (Orchid Centre) invites persons aged between 21 and 40 to a pre-membership orientation meeting on Feb 26 at 7.30 pm at Claymore Room, Holiday Inn hotel. Refreshments will be served and prominent Jaycee members will speak on the activities of the organisation and the benefits for196 words
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Page 5 Advertisements
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Advertisement43 1981-02-17 5 THE LARGEST-SELLING CHAIN-SAW IN THE WORLD. A >4 m" Mr 4ZL X PA CTO*r *t**fStM7A nvc fO* SOUTH £AST ASIA STIHL(S.E.A.)PTE LTD Unit 1003, 10th Floor, Tan Boon Liat Building, Outram Road, Singapore 0316. Tel: *****47 (3 Lines) Cable: STIHLSEA Telex: RS *****43 words
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Advertisement422 1981-02-17 5 A UNIVERSITY OF CHICAGO GRADUATE SCHOOL OF BUSINESS TOP MANAGEMENT DEVELOPMENT PROGRAMME -1981 (DIPLOMA IN MANAGEMENT STUDIES) The 240-hour intensive programme, Designed for entrepreneurs and senior executives, provides a diverse curriculum that addresses the problems facing today's executives and offers mastery of tools required for effective solutions. The programme consists422 words
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Article361 1981-02-17 6 THE HARD world of business has little room for the soft heart of the social worker so goes a sentiment frequently harboured, if not actually expressed, by many who inhabit the business world. If there is not the briefcaseful of documents and reports to study each361 words
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Article309 1981-02-17 6 THE SINGAPORE Stock Exchange committee's decision not to follow the footsteps of the Kuala Lumpur Stock Exchange in restricting trading hours temporarily does not seem a wise one. The brief statement issued by the SES after trading hours made no mention of the rationale for309 words
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1055 1981-02-17 6 HENRY GINGER - STRAINS IN RELATIONSHIPS BECOMING MORE OBVIOUS The constitutional row now raging in Ottawa is not only dividing up the Canadians themselves but is threatening to embroil Britain and sour relations between the Commonwealth partners. HENRY GINGER explains. HENRY GINGER NYT MORE than twoNYT - 1,055 words
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Article130 1981-02-17 6 HOWARD WITHERS - Letter to the Editor HOWARD WITHERS Dear Sir, After readtag year Leader e( Febraary Sea emptier atUlaatlea I feel eempeiled to rtmptml ea behalf ef the lazy eempater. The earreat laerease la the aae ef eempater* la a reealt at the draatle decrease la their eaat.130 words
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Article, Illustration672 1981-02-17 6 LOUIS NEVIN - By LOUIS NEVIN WOULD Britain be wiaer to leave its North Sea 00 in the ground, foregoing gross income of $56 million a day, to keep the soaring pound from undermining British industry? That is the question facing economists and business672 words
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Page 6 Miscellaneous
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Miscellaneous668 1981-02-17 6 I I -11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 4 An American in Paris (6) 7 New tune that encourages inspiration (5, 3) 8 Mariner mean as can be (6) 10 He almost sailed back (5) 13 No easy conclusion (or the inquisitive (4) 14 Cloae to having a pointed ear (4)668 words
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Miscellaneous40 1981-02-17 6 Bristow: FranX I GOGDON e>LUt —UMPO" >s on *Tv*e. 0t6.n0 TODf\y TußTue Seer, RNef^PPLe. CDH-T R CoOf\£_ Of TMG, BRe \N»N& TfcCW.... PvS I_U>P»S SfV/iNG, TuCUe -ScpP UilTq SH6PRY, FiSH IN 6€ejF cßssejaoL€D »N Red rndkirsch, STILTDN' CH€CSe UXTM Rdrt40 words
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Miscellaneous666 1981-02-17 6 T.Vf&NRADIO POPS IN GERMANS TONIGHTS wleettw sf pn- Part**, Geerge Baker, estate maa, played graauaes eealJ oertalaly Martlys MeCee aai BUly Wallaeh, gees hem have keea better. Bat riaee Davlca. Twiggy, Beaey M, IW» hire* killer we kave te make 4e wttk aai Etta Caaiena. ,#f 8* leans, d. Ultowtaj666 words
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Article, Illustration1526 1981-02-17 7 AGNES WEE - NATIONAL IWVMWTY W KING AW* "Architecture has been one of those disciplines which will not fit the normal 'A' level pattern required by the University," commented Professor Lye Kum-Chew who was appointed to review the activities of the School of Architecture. AGNES WEE discusses the recommendations put1,526 words
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803 1981-02-17 7 WILLIAM SAFIRE - FORUM with WILLIAM SAFIRE NYT THE NEVADA Gaming Control Board has permitted Frank Sinatra, crooner of all crooners, intimate of racketeers and presidents, to re-enter the gambling business. At a hearing that gave Sinatra the forum to flay his detractors, two remarks were made thatNYT - 803 words
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Page 7 Advertisements
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Advertisement183 1981-02-17 7 Money alone cant buy this card. t f |p i All cards are valid worldwide If you wish to become a Carte Blanche Cardmember, you need more than money. You need to be a responsible person with a sound financial position a person of influence and authority. Such high standards183 words
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INTERNATIONAL STOCKS
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Article321 1981-02-17 8 GOODYEAR Tyre and Rubber Co attributed its record 1960 earnings and revenues to its international operations. For the whole year, revenues from foreign operations rose 15.8 per cent, to US$3.B6 billion, while net profit more than doubled, to 1165.8 million from the previous year's $75.5 million. Net income321 words
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Article82 1981-02-17 8 INTERNATIONAL Telophase aid Telegraph expects Ms IMI eperatlag perfermaace to he bettor thaa last year, bat It might be difflcalt to laaprave its everall i walls ITT ehalmaa Baad Araskeg said earreal farelga exehaage and related earreat aeeeaattag practices eaald make improve neat difflcalt to ITT82 words
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Article42 1981-02-17 8 MOBIL will spead US$6 Mlitea la capital aad exptorattea expeeidttares la 1161, aa to per eeat Iran the pre vivas year. It added that 86 per eeat d Its I*l speadlag Is allocated far the devetopmeat sI eaergy reasarees ■■■■UwlJa wmiwMM42 words
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Article255 1981-02-17 8 THE GO-AHEAD for the OK Tedi copper/gold mine in Papua New Guinea (PNG) is expected at the end of this month. The Broken Hill Pty Co Ltd (BHP, which has a 30 per cent interest in the scheme, added that marketing and financing arrangements have been255 words
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Article257 1981-02-17 8 Reuter TEXAS Instruments expects a difficult first half this year. It attributed this to the weak US economy, the continued deterioration in the European economy and slower growth in Japan. The company, which reported improved sales and earnings for the 1960 fourth quarter and year, saidReuter - 257 words
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Article124 1981-02-17 8 BANK Organisation Ltd's expansion programme will maistals a balance between Us Msnre and technology interests, with its stake la the Bank Xerox continalag as the moat important single investment. Chairman Harry Smith said in the annnal report that the elimination s( loss-making activities, coupled with Improved prospects124 words
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Article128 1981-02-17 8 Reuter GUINNESS Peat Group's first half ended Oct 31,1980. saw particular difficulties in some of its industrial and distribution activities, including some losses, with the UK providing the greatest problems. Profits from Linfood Holdings Ltd, an associated company, are also down. The board has continued itsReuter - 128 words
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Page 8 Advertisements
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Advertisement198 1981-02-17 8 /}<)]-@!*+>{'[}_{(+$;?{^`\@>(:' Where to wine,dine and entertain Get away to Sentosa QQ *C' 3 W He NstT Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holiday-eves). < For full details198 words
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Advertisement178 1981-02-17 8 IM mbertug tSrill For lunch For dinner. For a richly rewarding experience. ]<iisin*'ssmen's ],un< h Mon<la> ti>Krniav sr.Ot 111', mtvuc i h;tri;<' ci-ss .lavanrsc Rijstafrl Saturday A- Sumlai SIT .>0 111' si'i ire i hat _'f '.i ess Ki i! u'set \al i<ins r.57% J W t'tiiiii'N I 'ark Sl»ci'i»iini«178 words
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Advertisement163 1981-02-17 8 Everything's here at the Mirabel le ».1 s S I. M 4 V• /v t'J i\ I 4 J*bW All the ingredients for an enchanted evening are here Superb Continental cuisine and choicest vintage wines In an elegant and romantic atmosphere complete with candlelight and strolling minstrels. And service that163 words
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Advertisement155 1981-02-17 8 QOGGQ 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. |A| HUDN MTEftNATIONAb155 words
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Advertisement181 1981-02-17 8 X X\ The Dragon Palace Restaurant is where you can dine in regal splendour aid dance to the mellow sounds of yesteryear with The Zodiac" Specious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome' O* ley Riaa/Panang Road, Singapore 0923. Tel. *****11181 words
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BANKING AND FINANCE
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Article161 1981-02-17 9 Reuter CREDIT SUISSE said supplies of geld to the market mfty be eves tower hi 1181 than to ltM. An article to the balk's monthly bulletin said this is Me reason why gold Is still a sal table Investment medium despite its current weakness. It gave no figures.Reuter - 161 words
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287 1981-02-17 9 Reuter THE LONDON Metal Exchange (LME) and the London Gold Market have agreed outline terms for a London based gold futures contract, the yet-to-be formed London Gold Futures Market Ltd said in a statement. No starting date has yet been set for the newReuter - 287 words
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186 1981-02-17 9 Reuter TWO LEADING Dutch banks are prepared in principle to form a syndicate which could finance Dutch exports of capital goods and services for a Soviet gas pipeline to Western Europe. Algemene Bank Nederland NV (ABN) the financing, possibly four to five.Reuter - 186 words
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Article46 1981-02-17 9 Reuter SONY-Prudential Life Insurance Co, a joint venture between Sony,Corp and Prudential Insurance Co, will start business in Tokyo in April following formal approval by the Finance Ministry. The company is capitalised at three billion yen and is equally owned by the two companies. ReuterReuter - 46 words
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Article, Illustration73 1981-02-17 9 THE UNITED Overseas Bank (UOB) Orchard branch has moved from the Singapore Hilton Hotel to bigger premises at the Tanglin Shopping Centre. Apart from normal services, the new branch, headed by Mr Lim Jin Tong, has 1,7C8 safe deposit boxes in three different sizes and a aniteller73 words
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Article94 1981-02-17 9 Reuter THE US Treasury will raise US$5OO million in new cash by offering $4.5 billion of 364-day Treasury bills on Thursday. Yields will be determined at the auction and tenders should be submitted to Federal Reserve Banks and branches and at the Bureau of Public DebtReuter - 94 words
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Article120 1981-02-17 9 Reuter THE BUNDESBANK should rate the Lam bard rale, rather thai Introduce quotas on Lombard borrowing if aay farther tightening of West German banks' liquidity Is necessary, the Savings Banks Association said. Such a measure weald follow the Bundesbank's recent moves to enrb banks' liquidity. ThisReuter - 120 words
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811 1981-02-17 9 ALVIN TAY - By ALVIN TAY SINGAPORE'S share of the worldwide Eurocurrency market expanded sharply during the last two years, from 2.9 per cent at end-1978 to 3.5 per cent by mid-1980. Mr David F V Ash by, group chief economist of Grindlays Bank, argues that this811 words
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1162 1981-02-17 9 Reuter JUMBO Euroloans make headlines, while Eurocurrency deposits Just make money, a fact that keeps the huge Eurocurrency deposit market relatively in the shadows. Yet lately, bankers themselves have focused more attention on the market, believing as one said, "that if you lookReuter - 1,162 words
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Article153 1981-02-17 9 CHINA has approached the International Monetary Fund (IMF) about the possibility of loans, according to financial sources. Beijing is believed to want the money because of balance of payments problems following what many economists now see as an over-ambitious industrialisation programme in the past few years.153 words
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BONDS AND LOANS
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Article59 1981-02-17 9 officials signed an agreement with a consortium of Italian banks for a financial credit of 300 billion lira. The credit is for seven years at IV4 per cent above London interbank offered rates, Libor. Sources in Belgrade said Yugoslavia expects .to borrow around US$2 billion abroad this59 words
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117 1981-02-17 9 1500 mil- lion Eurocredit at the manager level so far, with replies outstanding from about 20 banks, banking sources said. The five banks, compris- ing two US, two European and one Japanese, have come into the loan at $15 million for a117 words
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Article80 1981-02-17 9 has man- dated a group of five international banks to raise US$25O million through a four year bullet Eurocredit, one of the lead managers Midland Bank International said. The credit carries a spread of per cent over London interbank offered rates (Libor) for80 words
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Article95 1981-02-17 9 Reuter INTERNATIONAL banks invited to participate in the US$2 billion jumbo Eurocredit for Italian earthquake reconstruction, have been called to a meeting in London today by lead manager Bankers Trust International, banking sources said. The Italian authorities awarded Bankers Trust the mandate late in January, but theReuter - 95 words
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MONEY AND EXCHANGE$
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Article456 1981-02-17 9 HIGHER interest rates in the US together with speculations that the prime rate will increase further fuelled a general firming up of the US dollar against major currencies yesterday. The US unit opened 207.00 in Tokyo and edged up to 208.30/45 when Europe opened. It closed at 208.25/456 words
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Article146 1981-02-17 9 THE dollar for overnight delivery closed firmer at 207.65 yen, compared with a 207.00 opening here and 207.30/50 close in New York on Friday, dealers said. This was up sharply from a 205.50 yen close here last Friday. Trading was active and heavy, with volume US$l.25 billion. After early146 words
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Article22 1981-02-17 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.5 per cent.22 words
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Article185 1981-02-17 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Feb 16. US Dollar*(Spot) Offer Bid 7 days 17"* 17 1 month 18 5/16 18 3/16 2 months 18"! 18H 3 months 18H 18' > 0 months 18H 18't 9 months 17H 12 months 17H 17'7 Sw.Fr» Db». (Middle185 words
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Article48 1981-02-17 9 RANGE of prices offered by discount houses oo Feb 16: Overnight: 4W to Call deposits: to 7'/.* Closiif Burinf Sellisg 3-month Treasury bills 6 6*» 3-month Bank bills 13 7/16 13 5/16 3 months CD 12'i 12 H 6 months CD 12'• 12 Source: National Discount Co48 words
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Article46 1981-02-17 9 FRANKFURT exchanges opening quotes on Feb 16: US 2.2306 20 Stg 5.036 045 Can 1.8560 91 DF1 92.21 38 S Fr 109.08'27 Lit 2.120 24 F Fr 43 43 50 NKr- 40.27 33 B Fr (con) 6.236 45 B Fr (fin) 6.148 158 Yen -1.0790/«46 words
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Article264 1981-02-17 9 SINGAPORE gold futures yesterday closed generally easier on some local shelling influenced by weaker overseas gold prices, dealers said. Trading was thin throughout the day with total sales recorded at 69 lots while volume for kerbs was at 83 lots, they said. Prompt closed softer at US$4B5/489 an ounce264 words
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Article48 1981-02-17 9 FH Than New York 12 SOB 12 60B -r*« 13.10S 12 90S Zurich 12 SOB 12 800 12.90S 13 20S •ft MM PM <« Singapore 12.40B 12 40B 12.SOS 12 90S '"mf Closing prk a troy ouno <es in US dollars t. ■«w Source: Credit Suisse, S'pore.48 words
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Article136 1981-02-17 9 THE dollar yesterday extended its recent sharp gains against all major currencies in an active opening market, pushing sterling below U552.26, dealers said. The pound opened at U552.2550/70, nearly three cents down on its close here on Friday at 2.2825/40. Sterling opened at 5.0300/ 75 marks after its Friday136 words
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Article125 1981-02-17 9 THE US yesterday continued to climb against major currencies in active late trading, dealers said. The bullish tone for the US unit was maintained among early European operators, who pushed the dollar to 2.2330 38 marks from an early 2.2294 2300 and Friday's New York close of 2.2270/80. Sterling125 words
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Page 9 Advertisements
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Advertisement35 1981-02-17 9 restaurant Try our sumptuous delicacies from the Hunan Province. An Oriental dining experience. <2^3 Business Hours: Daily 11.30 am— 2.30 pm 6.30 pm —10.30 pm Oracdfe 214 Dunearn Road. Singapore 1129 Tel: *****49,*****22 ext 12635 words
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2346 1981-02-17 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. BECTCON ONE INDUSTRIAL COMMERCIAL A«m (HOB) Allied2,346 words
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Article2696 1981-02-17 10 Gr"s Gr's Net 1960/1881 Cmapaay Last Div Div YTd P/E Vol Dav High Low Sale +or- C'rr (■OOO) High Low 8ECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 334 19.0 2.8 14 112 300 220 Alcorn 300 1X0 X5 4.0 17.0 1M 116 Allied Choc 160 -13 10N2,696 words
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Article2424 1981-02-17 10 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 INDUSTRIAL* A Cfcaa (8) 1.80 (1) 135 AMD (I.MS) (5) 2 102,424 words
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Article693 1981-02-17 10 BEARB mfcri la where Mb feared to tread yesterday, aeadlag prleei eraahlag to aear last meath'a levels at the atoek eiekaage. It was as If the latest ball raa sever existed. Newa that the KL exekaage will Imptemeat half day trading resetted Is fear693 words
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Article479 1981-02-17 10 THE bears turned out in force on the Kuala Lumpur stock exchange yesterday as the long overdue correction finally came after weeks of sustained buying. But the extent of the correction caught many investors by surprise, leaving the bulls badly bruised and shaken at the479 words
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Article178 1981-02-17 10 SINGAPORE UNIT 1RU ST 0UR480NTAGU (Maaagerr prim tar Pek H) (Managers' pried tar Pah r» The Commm* 3 66 3.85 Union Spore Fund 146 1.50 The Savings Fund 2.10 2.21 S pore Prof Fund 154 162 INCOME BOND UNIT S pore Sec. Fund 2 36 2 48 (Urmt178 words
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COMPANY NEWS
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465 1981-02-17 11 KOH TSE YING - By KOH TSE YING THE results season is here again for the Sime Darby group of companies with three listed subsidiaries releasing their interim figures today. A committee of the conglomerate's board will meet this morning to consider the first half results and interim465 words
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Article315 1981-02-17 11 EARNINGS at retail group Robinson and Co took a steady step forward on the back of strong consumer spending in the Republic last year. For the six months to Dec 31, the group saw a near 9 per cent growth in pre-tax earnings from $3.8 million315 words
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268 1981-02-17 11 THESE will be aa let ap la Gathrle Cerparattoa's efforts to laenaae Its werldwMe la vestments la Ugh toekaelegy ladastrtes aad la klgk toekaelegy Maitrlee, It will eeatlaae to foeaa tto atteattoa aa Nertk America altheagk It was aMe to laeate a saitable lavestmeat268 words
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Article, Illustration744 1981-02-17 11 CHOO AI LENG - By CHOO AI LENG ALTHOUGH there was hardly any improvement in Prima Flour Mills' pretax profit for the year ended Dec 31, 1900, the unexciting performance should not be taken as an indication that the company has reached the end of the growth744 words
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Article95 1981-02-17 11 Reuter THE British government has published a bill enabling it to sell shares in the stateowned British National Oil Corporation, the Energy Department said. The proposals will enable the government to sell BNOC shares and empower BNOC itself to dispose of shares in subsidiary companiesReuter - 95 words
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Article105 1981-02-17 11 THE Wilkinson Rubber Process Company, a rubber products manufacturer, has announced a scrip issue of one-for-four to enlarge its issued capital to M 512.38 million. The new shares will capitalise $2.47 million from its general reserves, which stood at $3.1 million as per its last balance105 words
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Article477 1981-02-17 11 GERALD COLVERD - GERALD COLVERD A MAJOR placing of shares in top UK plantation group, Harrisons and Crosfield, will follow its agreement to buy out the shareholdings of Rothschild Investment Trust and SA Sipef NV, a subsidiary of McLeod Russel, in London Sumatra Plantations. Harrisons has reached an477 words
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Article1236 1981-02-17 11 SINGAPORE Land shares have been singled out as a very good means for investors to get on the booming local property bandwagon, based on the company's potential for sustaining favourable earnings through the 1980s. In their latest Digest, stockbrokers Oag aad Ce estimated Singapore Land to a1,236 words
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180 1981-02-17 11 IN LINE with its expansion programme to serve the Malaysian public, especially in the more neglected parts of the country, the Public Bank opened its 15th branch in Nilai (Negri Sembilan) yesterday morning. This move accords with its official policy to extend bankinq services180 words
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919 1981-02-17 11 RUTH CHENG - By RUTH CHENG THE directors of Sin Chew Jit Poh (Singapore) have expressed confidence that the company will further improve on its earnings in 1981 and that the same rate of dividend (16 per cent) will be maintained on an enlarged capital base.919 words
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Article238 1981-02-17 11 Cempeay Perled ftWTriil Net EPS Great Pre-tax last year (eeato) Dtv. Praflt Pahang Cons <%> (rm) F 16/11 1.5 n 1,634 Rothmans I 25/1 47.4 20.0 23.891 SP Textile F 28/1 10.4 8.9 4.153 M U I F 4/2 0.9 3.0 1,607 SBS I 8/2 12.4 12.5 5,558238 words
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Page 11 Advertisements
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Advertisement115 1981-02-17 11 EXPO TRENGGANU Kuala Trengganu.Jun 13-26,1981 lointly organised by: I rifiKK.imi Si«»l«• (ioMtnnMT)l &Trf»niyj«imi I hdmbtv of Commmc «ind lndu\|r> The Opportunity State An exposition for manufacturers, processors, distributors, agents or *rom any aspect of the business community Here's the chance for you to expose your products and services, expand your115 words
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228 1981-02-17 12 THE PUBLIC Utilities Board (PUB) has appointed Merz and McLellan of the United Kingdom to carry out feasibility studies on the use of coal to generate electricity. A PUB press release said the consultants will study the environmental impact of coal-fired power stations. If pollution228 words
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195 1981-02-17 12 A HIGH-level economic mission from British Columbia will be in Singapore tomorrow to look into possible areas of economic cooperation. The mission will be led by Premier William Bennett, who will call on Prime Minister Lee Kuan Yew and Foreign Affairs Minister S Dhanabalan.195 words
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Article456 1981-02-17 12 THE Ministry of Social Affairs will step up its efforts to ii\stil in the minds of the public the vast potential in re-integrating disabled persons into the mainstream of life. This was disclosed by Dr Ahmad Mattar, acting Minister for Social Affairs, in456 words
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315 1981-02-17 12 Reuter, AFP LEADERS of 26,000 coal miners in the depressed South Wales voted to go on strike from today in protest at plans to close unprofitable pits. Their,action brought closer the threat of a national strike by the rest of Britain's 230,000 minersReuter,; AFP - 315 words
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Article221 1981-02-17 12 AP CHINA is having a sale on steel and industrial machinery. Xinhua News Agency said yesterday that more than 3 million tonnes of steel and US$6.7 billion to |13.3 billion worth of machinery is piled up in warehouses. The government has called on local departments to cutAP - 221 words
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Article807 1981-02-17 12 LONDON, Mon. Government bonds recovered from early markdowns to close little changed today but equities were weak. The Financial Times index fell 7.8 points to 485.4 at 3 pm. A gloomy economic review from Charterhouse group, which forecast falling demand and output until at least mid--1982, depressed senUment,807 words
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164 1981-02-17 12 UPI SAUDI Arabia, the world's largest oil exporter, will rednee crude prediction from 1U million barrels i day at preseat U 8.5 million. Reporting this yesterday, Japan's Mjode News Service said the Saudis also Intend to cnt back oil ontpnt next year toUPI - 164 words
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Article135 1981-02-17 12 Reuter AN INDONESIAN eaaMrtlum bis «on two laastiacttoa leaders la Sm4l AraMa warth UBSSM mllttea. Ceasertlsm ektlraia Kewara Mid la Jakarta darlag the weekead that the >■—— C—>■ ef Ceastraetlea ladsstry (ICO) reeeatly wea tke teaden to MM tke klag Akdal Ads aad Klag kkaledReuter - 135 words
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Article679 1981-02-17 12 GOOD PROGRESS IN TALKS Reuter THE International Monetary Fund (IMF) and Saudi Arabia appear close to an agreement under which Riyadh would lend the IMF billions of dollars to help it meet increasing pressure from member countries for loans. Monetary sources in Washington yesterday said IMFReuter - 679 words
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267 1981-02-17 12 MALAYSIA will not be taking up Indonesia's recent offer to Asean countries to carry out joint oil exploration. The managing director of Petronas, Mr Rastam Hadi, said in Kuala Lumpur yesterday that Carigali, a Petronas subsidiary, already has its hands full in the267 words
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Page 12 Advertisements
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Advertisement179 1981-02-17 12 NOTICE INVESTORS Guaranteed Profitable Investment "The Dollar will be wiped out Gold is your best protection." Dr. Frank Pick, BS, MA, MBA, LLD, PhD. Let us convert all foreign currencies (any amount) in Gold without charges. We manage all capital in Gold and make it profitable, presently 16% nett per179 words
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Advertisement262 1981-02-17 12 The Axel Johnson Group supplies SPM Instalments for monitoring condition of bearings 1 V IS? B v--328 A V v m a J Continuous Monitoring SPM Instruments otter increased operational reliability and efficient maintenance through condition monitoring of machinery. The shock pulse method (SPM-method) measures the magnitude of the mechanical262 words
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Page 12 Miscellaneous
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Miscellaneous59 1981-02-17 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mostly fair. Report for 24 hwin prior to 7J9 p.m. on Feb IS at the airport. Maximum temperature 32.1 Associated humidity 60 Minimum temperature 23.0 Associated humidity 97 Hours of sunshine 11.10 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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338 1981-02-17 13 AFP THE dossier of the passenger ship Tampomas 2's tragedy in which at least 450 perished last month in the Java Sea, was handed over to the Indonesian Maritime Court. Court President Tarda na Suraharja said at least three weeks will be setAFP - 338 words
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Article, Illustration528 1981-02-17 13 JAN LEE - By JAN LEE REGIONAL Container Lines (RCL) today commences the maiden voyage of its new container ship, the Siri Bhum, on the Singapore/ Bangkok run, making it the first private Singapore company to own and operate a container newbuilding. The vessel is of 6,995 dwt528 words
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PORTSIDES
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Article130 1981-02-17 13 AFP THE Trans-Pacific Freight Conference of Japan/ Korea has decided to lower the freight rate levels for 19 items including motorcycles and tires, effective Feb 20. The action represents part of the 2fth round of rate reductions to be carried out by the conference and three otherAFP - 130 words
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Article67 1981-02-17 13 euter AN Indo-Soviet shipping protocol signed in New Delhi last week said cargo will be carried in containers between India and Black Sea ports to avoid delays in berthing. The Soviet Union has agreed to an experimental shipment of bulk urea from its ports to India. Facilitieseuter - 67 words
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Article70 1981-02-17 13 KARMAHOM Conference comprising 22 international shipping lines has threatened to impose a five per cent congestion surcharge on Bombay port from Feb 16. India's three shipping lines are members of the conference which operates on India-Pakistan-Bangladesh-Britain/Continent route, conference sources said. The sources complained of heavy losses to its70 words
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Article667 1981-02-17 13 Shipptag Liae Page Cal SUpptag LJae Page Cal Achipelego vn 2 Everett Orient IV 4 Adriatic IV 2 Evergreen IV 3 Afea VI 3 Fargo vra 3 Afro-Eurasia VI 2 Fesco vn 4/5 All trans VI 5 Flotta Lauro V 5 Alpac VI 5 Fortune VI 5667 words
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Article803 1981-02-17 14 LCL CONTAINERS UNPACKED IN CONTAINER FREIGHT STATION (during the period 152 81 at 1500 hrs to 16.281 at 1500): Vessel MONT BLANC MARU Voy No. 33/215 Arrival Date: 13.2.81 Agent/Line Container OPTORG MAEU *****42 MAEU *****16 MAEU *****18 MAEU *****10 MAEU *****12 MAEU *****30 CHRU *****94 CHRU *****33803 words
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Article1423 1981-02-17 14 INCREASED interest in longer term time-chartering on Friday has developed lending strength to the belief by some sectors of the freight market that rates are likely to rise on increased grain liftings and continued congestion at US coal ports, brokers say. A vessel of 157,000 long dwt was1,423 words
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242 1981-02-17 15 Business Day THE Philippine government's fleet modernisation programme achieved modest gains last year as the domestic shipping fleet expanded by 7.1 per cent, the year-end report of the Maritime Industry Authority (Marina) reveals. Total number of vessel of various tonnage and service categories increasedBusiness Day - 242 words
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Article470 1981-02-17 15 expected ARRIVALS TODAY KEPPEL WHARVES Auby (1400 Subject free board) 20 East Ante Tonic (bulk wheat) (1300) 8/9 Barge Caltex 165 (0600) 7 Barber Nara (RO/RO) (0100 must starboard alongside) 46/47 Gemlock (after Nisshin Subject free board) 19 Chidambaram (Passenger) (0700 after Verbena shifts) 42/43 Drvar (1500470 words
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236 1981-02-17 15 THE current -rush of Europe-bound passenger car exports from Japan is giving rise to a conspicuous shortage of car carrier space. Currently, four operators NYK, Mitsui OSK Lines (MOL), Kawasaki Kisen Kaisha ('K' Line) and Wallenius Lines are teamed up to engage in236 words
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206 1981-02-17 15 Reuter WEST German shipping has further difficult times ahead and while the stronger dollar is a benefit as the industry carries German exports, the dollar trend alone cannot solve competitive problems. Hans Juergen Stoecker, West German Shipowners Association (VDR) president said bulk goods, trampReuter - 206 words
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Article100 1981-02-17 15 Reuter AUSTRALIAN maritime unions have ended a ban on phosphates imports but are maintaining a ban on sulphur imports, a spokesman for one of the unions said. The union action is in protest over lack of government action on the future of phosphate mining on ChristmasReuter - 100 words
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Article, Illustration520 1981-02-17 15 THE United Arab Shipping Company (UASC), has added a fourth fully cellular vessel to its Far East/Arabian Gulf container service, giving the line eight additional sailings from Japan each year. The vessel is the Addiriyah, a 19,750 dwt newbuilding with a container520 words
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255 1981-02-17 15 Reuter WORLD merchant shipping laid-up for lack of employment declined to 9.2 million dwt (402 vessels) on Dec 31 from the endNovember figure of 10.6 million dwt (401 vessels), the General Council of British Shipping (GCBS) said. The end-December figure represented one per cent ofReuter - 255 words
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2209 1981-02-17 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. PN2,209 words
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Article205 1981-02-17 20 Development *f madie hei iflrtirli Feb 16, 1430 hr, Institute of Marine Engineers, 76 Mark Lane, London EC3. Caai Mi Parte Feb 16 19, American Association of Port Authorities seminar, Mobile, Alabama. Banker Paretuudng bow shipowners can mini- qiise fuel costs Feb 17 *19, Royal Aeronautical Society, Hamilton205 words
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Article, Illustration781 1981-02-17 20 Lloyd's List OAR-es-Salaam means "haven of peace" in Arabic was started in the middle of the last century, when a Sultan of Zanzibar decided to build himself a mainland town. It became the capital of what is now Tanzania at the turn of the century, whenLloyd's List - 781 words
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Page 13 Advertisements
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Advertisement274 1981-02-17 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. See Page V s~I RI) 1\ 1 AMAH Orient Overseas Co*Ua*teA Line FULLY CONTAMERISED Vf: "Ty FULLY CONTAROUSED S'pm 20/2 22/2 □CVMJD Pttfl. 2?t T V. WE274 words
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Advertisement336 1981-02-17 13 BSEALORDH m UASC UNITED ARAB SHIPPING CO (SAG; kf«i ji«u ■.FAR V.21 RECT am S port Loadng for 11/3 Jeddah (23/3) Hodwdah (30/3) SEALORD SNTPM6 AGENCES (Reg. No. 242K5/OOC) 3RD FLOOR. MARMA HOUSE. SINGAPORE 0207 TEL *****94 TELEX NO R*****9 CPS OFC PSA GOOOWN NO 50 RM 3 TEL *****31336 words
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Advertisement676 1981-02-17 13 FOR PEOPLE WHO MATTER MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Feeder Vtwl Kelang I Penang Saied Saled 21-22/2 21/2-1/3 7-1/3 14-15/3 21-22/3 2S-29/3 4-5/4 SWGAPOtt CLOSING T»*S CY 22nd Feb 1500 MRS CFS 21st Feb 2400 HRS Charleston 24/3 31/3 7/4676 words
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Page 14 Advertisements
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Advertisement832 1981-02-17 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Coitataar Snlci Feeder •PAatonj Vessel B PBIAGA Saited SEUMM I DAH.IA 22/2 B SUMA B PtNAGA 1/3 ft OCAMA B MHIW B/3 ft832 words
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Advertisement265 1981-02-17 14 5 SUPERCARRIER SERVICE TO: PANAMA US ATLANTIC E. CANADA US GULF CAUFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE T«n» Fa 14/2 UN ia 15/1 ISM Fa 1/1 I7W ia a/2 mo Fa 17/3 MM ia 14/1 14M amnanra 14/1 14/J 27/1 27/3 12/4 I 12/4 5/4 12/4 4/5 11/5 TO:265 words
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Page 15 Advertisements
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Advertisement577 1981-02-17 15 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok service le/rrom Bangs on ran na UM a/a f* a/a Fab rim */<■* Snnoere to Sabah. Sarawak and Bnwei ACCEPTM SOKAPORE CAM PASSENGERS. TEL ***** BANGKOK MENU BORNEO SERVICES LIS. BANGKOK 18. 234-1*22 (5 HO) ENQUBHES: SMGAPOK CAM PASStNGBS. TEL577 words
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Advertisement425 1981-02-17 15 Franco Behium Services yrr,• f r, li, t I I t-» r~r 111". Jl a F<* C.M.C.R. Gpmp Tn 11 Mb 11 If D* M JC.KMB S port P Mm| I M IT) 22 M MM ID* it »f+ 27 M IS N* 17 4k 17 MB 11 D* Bvulom425 words
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Page 16 Advertisements
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Advertisement660 1981-02-17 16 ML Hapag-Lk>yd TO WITH EUWft iMpllH TO HDITDWAIg* H'bM| B kaocn to« Le Havre Antwerp 13/9 15/3 16/3 18/3 20/3 22/3 23/3 25/3 27/3 29/3 30/3 1/4 21/3 30/3 31/3 2/4 4/4 6/4 7/4 9/4 vm m Soore P Ketai* G OJ Tneste H/2 19/2 21/2 23/2 13/3 19/3 ii/660 words
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Advertisement616 1981-02-17 16 KOREA s m LINE HIPPINC CORPN P. Kclang PENANG STORE VEGA 157W 22-26 Feb 27/2-1/3 2-5 March f*M BUSAN BANGKOK VEGA 15# 22-26 Feb 27/2-1/3 2-5 March TO BUSAN ALIAS 161W 12-15 March 16-1S March 20-23 March FROM BUSAN BANGKOK ALTIWI62E 12-15 March 16-18 March 20-23 March TO BUSAN KSC616 words
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Advertisement655 1981-02-17 16 EVERGREEN LINE FAR EAST, EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTING CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. IE HAVRE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON. MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS. WEST GERMANY BfttMEftHAVtN HOLLAND SRRTOAM S'psw M FASIMN totw&p Lt Hiwt liar lay* 22/12 5/13 14/ M 11/(3655 words
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Advertisement604 1981-02-17 16 Everett Lines! 1 Burma Fhra Star Shipping Carpn. k "BURMESE NATIONAL LINE' LOADING FOR RANGOON PPXJ/II fit n/22 ft M/H Frt t/11 Mat B F SS C Agents «■> Mokiywo BOUSTEAD SHIPPING loenrs m TEL NOS KL *****2/*****9 fAVA r saea Everett Steamship Corpn S A KANSAI LINE FULLY CONTAINERISED604 words
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Advertisement234 1981-02-17 16 mo.s.E. OCEAN SHIPPING 8 ENTERPRISES PTE ITD SANKYO LINE JAPAN/STRAITS SERVICE COMIMB HMMK SB AGENTS P SUN OCEJM 9VPMC lIWOWUU Pit LTD anrai m mum/7 t aim I uaVW Til 414*44. 4*4741 ocean smtpmc rrac ra au««/7 mul-s commo p. clans ra an. mi/* east m amrmt ra jmth/V72SI Hum234 words
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Page 17 Advertisements
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Advertisement590 1981-02-17 17 PIL GROUP EAST AFRICA/REDSEA SERVICE A Singapore P.Kaiang Panang Loading (or KOTA CAMAY* 20/29 Fab KOTAMAJU t/10 Mar Singapore P.Kaiang Panang Loading for KOTA CANTIK 20/24 Fab Aqatoa, Hodatdah, i (Accepting o Hnrtairtah) KOTA MAHA 25/30 Fab KOTA DEW A 5/10 Mar Mogadiscio, i COLOMBO/KARACHI/P. GULF SERVICE KOTA RATU KOTA590 words
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Advertisement234 1981-02-17 17 BLUE STAR LINE I NEW ZEALAND A AND T/S FUt FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND. WELLINGTON. CHRISTCHURCH A FIJI SHIP AUSTRALIA STAR NCW ZEALAND STAR SALS SPORE 20 MAR 8 APRIL NEW PLYMOUTH 2 APR* 21 APRIL PT CHALMERS 4 APRI 73234 words
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Advertisement835 1981-02-17 17 BENLINE CONTAINERS Inai Man EXPRESS CONTAINER SERVICE TO/FROM EUROPE KBURG B'HAVIN ROAM IttVK SOTO* Spore P KMflfN Germany/ A«tria Antwerp frame MU R 21/2 IVJ 15/3 14/3 11/3 11/3 21/2 vn m 3 22/3 a/3 »/3 11/3 1/3 1/3 27/3 21/3 31/3 1/4 25/3 15/3 17/3 7/4 1/4 11/4 U/4835 words
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Advertisement583 1981-02-17 17 f T Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE 'in ufd/UK/MCTSCAN "i 1 ft 1) BtrcMona Com 2) *«•*<( It IMwt Mat. B*s Inorpool U*-. Cjatry tM 3) tuaii Bitmrture* Ajrtao. HMi 4) MtaM. StacHtoo into too* tcctpMl c*n *w P Une Mr to Mom UC PiM* taf lining ZZ*583 words
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Advertisement524 1981-02-17 17 BOUSTEAD SHIPPING AGENCIES SINGAPORE •to Reunion Durbon Capet ow Ft Eliz BANK LINE FOR REUMON I SOUTH AFRICA A VESSEL (also accepting East London and Maputo carjo) Lukes Linos U.S. WEST COAST SERVICE Owd trom SfO Lbdi SPOtt ASHLEY LYKES Sid Sid 27/2 BUTTON LYKES 3/2 11/3 LESUE LYKES 22/2524 words
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Page 18 Advertisements
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Advertisement388 1981-02-17 18 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA Vessel NOBOMY V-3 mo STM 1 JAPAN-STRAITS-JAPAN Tokyo Kobe Spore Penanj P Ketan| Sflore Tokyo Kobe SaM MPart rt/r 1/3 3/3 V 3+ U/J l|/3 25/2 9/3* 11/3 12/3 14/3+ 25/3 I wssa LOADS® OUT ACCEPTBK Fa MO388 words
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Advertisement557 1981-02-17 18 CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER SERVICE L«dta| For LOS ANGELES. SAM FRANCISCO. SEATTLE TACOMA VANCOUVER 8 C Act*** Fa/Fa Mmn "R WSSEL" MF* n F* M Uw AUSTRALIA EXPRESS CONTAINER SERVICE Acc<oii( Fa/Fa Calim Sport In M M M PM*«t Sport 25 M ?6 Frt 24 Mar 25 I4v557 words
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Advertisement408 1981-02-17 18 ''j (■roup SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCE AN BUILDING SINGAPORE 0104 MARKETING 9111 22 I 3 L INE SI GENERAL *****1 114 L INE S i TERMINAL OFFICE *****83 TELEX RS ?4b9b RS 2SS6B A B CARSMIP CABLE CARGOSHIP irrirmil Kcj|ioiisil My' l Container Lilies WEEKLY CONTAINER408 words
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Advertisement540 1981-02-17 18 KORINS MARITIME SERVICES Hoom 601. ICB Building. Shcnton Way Singapore Tel *****22 A *****67 MIDDLE EAST/RED SEA/EUROPE SERVICES P. KELAM LOAfiMC FOR: Maba/laKrtfa/P Mm/ > Parti a*ac< la I \\JL\ AM ,tK LINES A memoet ol mt SGroup ot C<X"panes LINER SERVICE FROM KOREA TAIWAN HONG KONG TO SINGAPORE Kj.«m540 words
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Advertisement608 1981-02-17 18 INTRASEA (PTE) LTD Faber House 234E Orchard Roa<3 Singapore 9 Telephone *****' 1 "*****57 Spare P KeM« NORASIA NBIO3. 21 Fafc 3 Mm* 808.06K/RDAM/ UK(AVON) l|Hb! Sta* aparv K. Lnpa MIRASEA (TIC) lIS *****11 BOOKMC *****57 YEO SHPPBK I TRAOMG 488*44. 4M742. 488*78 MTU OVERSEAS MMBTM SON MB 3*5R54. *****/2608 words
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Page 19 Advertisements
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Advertisement545 1981-02-17 19 C. CONTAINER lON U BRDGE 30*...... N. GARNET 4N K. CHANCE 2* C. PAUL 26W T* BRDGE 5* C. RO2E 24* Containers Feedered to/from F'stowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): C. PAUL 25E TW BRDGE 4E C. RO2E 231 K. IACEWON 11E. MERCATOR 21E... K. JACEJM545 words
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Advertisement88 1981-02-17 19 i ——r TRUCONTAINER EXPRESS I INTERNATIONAL (S) PTE LTD Suites 1311/1312. Slow Tows. Beach Rd Singapore 0)l8 Regular Container Service accepting FCL/LCL Cargo for Australia All Ports 1 New Zealand Auckland, Lyttleton Sri Lanka —Colombo United Kmfdom —All Major City Terminals. SWETIAN SINGAPORE (PTE) LTD Bookiar Tel *****9V*****9/*****7 TELEX: R*****588 words
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Advertisement383 1981-02-17 19 MALDIVE LINES ETA ETA ETA SPORE KUANTAN POUT KELANG MALDIVE KKWOd 19/2 Loading For Dubai/Dammam/ Kuwait MALDIVE PEACE 20/2 25/2 Loading for Bahrein/Kuwait MALME MAGE 19/2 Loading for Kuwait MALDfft PWfcl* 20/2 Loading For Jeddah MALM* MPORTER 20/2 Loading For Mate MALDIVE PROGRESS 14/2 25/2 Loading For Muscat/ Khorffakan/Dubai/Abu Dhabi383 words
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Advertisement174 1981-02-17 19 m sinsov SINGAPORE SOVCT SMPPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Singapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS ***** P. KELANC PENANG M/S SHAM XT NAM SOON SOU M. IST ANO 2ND FLOOR. MESSRS HM THONG WIK174 words
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Page 20 Advertisements
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Advertisement489 1981-02-17 20 K A ANTOLL LINES Dir prt R U tn Arlpl.iirlp Mslhnnrnp Rrithin* D«rect B Is to Adelaide Melbourne Srdne* Brisbane Independent FCL Container Conventional Liner Service Sinfapore Part Kthnc Sol TiiaSatabod Sd F«b 25 Mar 4 Ma Fab 27 Mar 9 Ma My 13 Mar 23 Ap Mar 17 Mv489 words
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Advertisement377 1981-02-17 20 a PERK APAL AN LAUTAN MRU SDN. BHD. P O Box 220. kou Kmabalu Sabah KCUAI IfR SKVKI Stbaft Sarawak Bangkok Stfigapoff Port krtang Vessels Penang P.Klang S pore Loading for LAUTAN TKA In Port KK/Sandakan/ Tawau LAUTAN ENAM In Port Labuan/KK LAUTAN RAN V-2/S1 In Port 12 Fob KK377 words
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Advertisement221 1981-02-17 20 'Untloda ■press Bet »cer «Ve;,r And Sas- V»a ««s 1 Mej t /n'f up ro '8 tor TITI SHIPPING 4 TRADING SDN BHD 0 Thong Soon Shipping RM.BOB.BTH FL.ROBINA HS£ S POR€ 1 TEL 22U SMGAPORE TO NEST MALAYSIA SERVICE ETA ETD DESTMATm KM SOON U II Fab 20 Fab221 words
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Advertisement206 1981-02-17 20 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Trodemor Pte. Ltd. of Unit IIOIA, 11th Root, Marino House, Shenton Woy, Singapore 0207, hereby give notice that in consequence of our client's intended change of name of the motor vessel "Ranger", we have applied to the Registrar of Singapore Ships206 words
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Page 20 Miscellaneous
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Miscellaneous165 1981-02-17 20 fi Regional weather N 'A J 6 r A *3 IL%& SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Rain Cloudy Sky Butnee wht ai C V Wire Wind direction with speed in knots Wave height Temperature Weather Bartam winds an Indicated165 words
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