The Business Times, 18 February 1981

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, FEBRUARY 18, 1181 60 CENTS
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  • BRIEFLY...
    • 70 1 AFP KUALA LUMPUR, Tues. The government will announce higher prices for cement, condensed milk and soft drinks after the Price Review Committee submits its recommendations to the Minister of Trade and Industry, Dr Mahathir Mohamed, soon. The Deputy Minister of Trade and Industry, Mr Lew Sip Hon, today
      AFP  -  70 words
    • 70 1 JAKARTA, Tues. Indonesia's oil production for January last year reached a record 1.63 million barrels a day, due to an increase in oil exploration during the year, said Mines and Energy Minister Subroto. Mr Subroto said he expected Indonesia's oil production this year to "be at least
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    • 62 1 Reuter BANGKOK, Tues. The Thai government today approved a plan to construct a natural gas processing plant and related gas distribution facilities worth about US$3l9 million. The plant, to be built in the coastal province of Rayong south-east of here. The construction plan was proposed by the Petroleum
      Reuter  -  62 words
    • 59 1 Reuter CAIRO, Tues. The United States has been secretly negotiating with Egypt to allow American nuclear warships to use the Suez Canal. Sources today said one idea under review is that Egypt set safety standards for nuclear shipping that could be met by American naval vessels but would
      Reuter  -  59 words
    • 70 1 Reuter WARSAW, Tues. Poland appeared to be heading for a national students' strike today as more universities set up strike committees and campus protests spread from the Baltic Coast to Silesia. The student rebellion, an extension of the upheaval that has brought every major industrial sector out
      Reuter  -  70 words
    • 92 1 AP TOKYO, Tues. Iran has asked Japan to resume work on a giant petrochemical complex in southern Iran, but the Japanese partners in the joint venture say they will make no move until the five-month long war between Iran and Iraq ends. Work on the project,
      AP  -  92 words
    • 68 1 AP BRUSSELS, Tues. The European Economic Community today imposed a new surveillance system on Japanese imports, and warned Japan that the flood of inexpensive products into Europe is causing "serious concern". Foreign ministers of the 10 Common Market countries agreed to pool statistics on Japanese imports of
      AP  -  68 words
  • 148 1 Rises Indices Magnum Corps 900 183 Feb 16 Feb 17 Sea View Loan 000 -*-150 B.T.Indicator: M U I 1680 80 *****.*****84.37 Straita Trading 1480 60 Industrials: 746.27 747.36 Gentings 1230 60 Finance: 1481.42 1465.85 Perak Carbide Pegi Maia Syn Retina 306 1140 600 54 50 50
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  • Article, Illustration
    139 1 Rises Indices Magnum 173 Feb 16 Feb 17 960 B.T.Index: *****.*****564.92 M U Ind 1800 90 Industrials: 938.35 967.23 Genting 1350 70 Finance: 1486.99 1488.09 S Trading 1600 70 Hotels: 513.46 514.56 OCBC HL Credit PMC 1580 650 1320 +60 50 50 Properties: Tins: (rubbers: 866.92 493.96 1301.90
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  • 666 1  -  PREVENTING ABUSE OF POWER By ALVIN TAY ADVISORY councils to monitor the activities of the 10 proposed industrial unions have been suggested by the National Trades Union Congress (NTUC) task force. The councils, basically a liaison between the ffTUC and the 10 new unions, will
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  • 233 1 THE Ministry of Science and Technology will be dissolved from April 1 because of the difficulty of coordinating its multiple functions. In a press announcement yesterday, the Government said the functions will be transferred to other ministries. The current activities of the ministry include the
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  • 490 1  -  By i AGNES WEE FOREIGN companies are having difficulty finding small office units. Some Australian firms, for example, have to resort to the Australian Trade Commission for assistance in getting office units with floor areas of less than 1,000 square feet. Many of
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  • 256 1 ALL EXISTING motor insurance policy holders will get passenger cover automatically when the Motor Vehicles (Third Party Risks and Compensation) Amendment Act comes into force on March L Under this law passed by Parliament on Nov 28 last year, all owners of motor vehicles will be
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  • 275 1 A NEW 4tt-reem iMtel will be hallt at Scott* Rm4. The $81 mllllea hotel financed by Indonesian latereata la Sagapare will be managed by the Sheraton greap. Called Sheratea Slagapore Hotel, It will be completed la early 1183. Ceaatractlea work will begla as
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  • 473 1  -  By MANO SABNANI, City Editor THREE listed plantation subsidiaries of the Sime Darby group yesterday reported lower interim results for the 1980/81 financial year amid generally improved sentiment at the stock market. The panic selling of shares on Monday was stemmed considerably as
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  • Page 1 Advertisements
    • 50 1 Looking for heavystainless steel? ■sai A MM* <M IM Jonn«on G«x» Producer of stainless steel Stainless steel plate and wide strip 'Special grade stainless steel 'Titanium grades 'Stainless steel pipes k fittings fo' itlfoniM(M»l (dii A. Johnson Co (SEA) Pte Ltd 1307 15th Floor Robins House Singapore 0106 Tel *****11
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    • 16 1 Leader...page < <st*: Ho^V s$P r •'J *****30 or *****24/*****7 BTWCsFfflmm More than a car rental service'
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    • 70 1 Leader...page t SHIPPING TIMES JARDINES to cultivate closer ties I AMERICAN success with Industrial robots 7 GOVERNMENT urged to exercise flexibility lu tax incentives. t 11a will end NEW frontier for Multi-Purpose H01ding5.......................... 11 SOME NEW MPs take British to task 12 HOW SlA's dispute with AustraCROSSWORD C, TV AND
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    • 427 1 The Singapore's Straits Business Times World DIRECTORY at your! Qf Fingertips j Singapore I (Buku Merah) The ASEAN Report Update Published by The Asian Wall Street Journal The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within ASEAN
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  • REGIONAL
    • 320 2 Reuter, AFP POPE John Paul told President Marcos yesterday that human rights should be respected and that the Filipino people should share in the way their country is governed. He also said, in a special address to the President and people, that the Manila government
      Reuter,; AFP  -  320 words
    • 437 2 NYT JAPANESE government and business officials, stung by the growing number of large industrial projects that have apparently been shelved by China, are now questioning the future of economic relations between the two countries. Within the last month or so, China has informed Japanese
      NYT  -  437 words
    • 424 2 AP MOST Sino-Japanese joint venture talks never make it past the negotiations stage. The Japan External Trade Organisation (Jetro) said in its latest newsletter that news about these talks "tends to obscure the fact that few of them have made it past the negotiations stage."
      AP  -  424 words
    • 155 2 AFP INDONESIA'S official investment policy is expected to change with the appointment of Investment Board chairman Tgmaii Saleh as the new Attorney General replacing Major-General All Said. Mr Saleh will be sworn in as Attorney General today by President Suharto who will also name
      AFP  -  155 words
    • 108 2 Reuter SOUTH Korea will hold parliamentary elections on March 25, government officials said yesterday. President Chun Doo-hwan dissolved the previous Parliament and all existing political parties by promulgating his new constitution last Oct 27. He then appointed a 81member provisional legislature, the Legislative Council
      Reuter  -  108 words
    • 164 2 AFP MALAYSIA and Kuwait are to step up their economic cooperation particularly in the oil industry, the managing director of the state oil corporation Petronas, Mr Rastam Hadi, said in Kuala Lumpur. He added that Petronas chairman and chief executive, Mr Abdullah Salleh,
      AFP  -  164 words
    • 347 2 Reuter, AFP ACTING Malaysian Prime Minister Datuk Mahathir Mohamad yesterday accused Western developed countries of producing consumer goods in excess and selling them to developing countries at low prices to compete with local industries. He said such low price imports into Malaysia
      Reuter,; AFP  -  347 words
    • THE REGION IN BRIEF
      • 383 2 THE SOVIET government has protested for the second time in a month to Japan over Tokyo's claims on four islands in the Kuril chain, which were incorporated into the Soviet Union in 1945. A Japanese embassy official in Moscow said ambassador Tokiehiro Uomoto was summoned to the
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  • Page 2 Advertisements
    • 781 2 Senior Appointments PA provides comprehensive management consulting services including: NEW COMPANY OPPORTUNITIES SINGAPORE Our client is a multinational Fortune 500 company engaged in the manufacture and sale of a wide range of precision steel and carbide products for industrial use The company will soon set up a manufacturing facility in
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    • 107 2 a Tha daily Aircraft Schaduia hat baan hald ovar bacauaa of praaaura of apaca. Right information by talaphona can ba obtainad from tha airport (*****8) or from tha raapacthra airtinaa: BIA *****47/*****48, Garuda *****7, MAS *****2, CPA *****7, Qantaa *****01, BA *****01, KLM *****1. SINTAT Rent*a*Car Sngapon Man Office G27.
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  • OVERSEAS
    • 171 3 Reuter A NEW Israeli push to resume talks on Palestinian autonomy was signalled on Monday with Prime Minister Menachem Begin apparently hoping for a diplomatic coup in advance of next June's general elections. Government officials said Foreign Minister Yitzhak Shamir, who left for
      Reuter  -  171 words
    • 157 3 Reuter THE Canadian Parliament yesterday started debating a federal government constitutional-reform package opposed by six of the country's 10 provinces. Political sources said the issue threatens to dominate Parliament for up to six weeks unless the government acts to shorten debate. The ruling Liberal Party is
      Reuter  -  157 words
    • 178 3 Reuter EAST German leader Erich Honecker predicted the eventual reunification of Germany under communism in a speech published on Monday, abandoning a 10-year-old doctrine which insisted the post-war division of the nation is irrevocable. It is the first time since he took power in 1971
      Reuter  -  178 words
    • 290 3 Reuter ARAB oil exporting countries should shift up to 60 per cent of their annual surpluses and already accumulated net foreign assets into real assets and keep the balance in financial assets. The transfer should take place over the next 10 to
      Reuter  -  290 words
    • WORLD IN BRIEF
      • 408 3 Agencies LEVI Strauss of the United States has set up a company in Spain to make blue jeans. Dante Chiarabini, manager of Levi Strauss de Espana, said that the market for jeans is growing in the Iberian peninsula. He also said the parent company distributed 230
        Agencies  -  408 words
    • 181 3 Reuter CONGRESS has been urged to consider legislation that would set guidelines on the use of the US defence stockpile and disposals from the stockpile. In remarks submitted to a Commerce Department hearing on strategic metals needed by the aerospace industry, the vice-president of Allegheny
      Reuter  -  181 words
    • 737 3 NYT THE Reagan Administration has decided not to give highincome Americans individuals with above US$42,500 and families above $60,000 in taxable income the full 30-per cent tax cut being proposed for most taxpayers, administration and congressional sources said. Consequently, Representative Jack Kemp
      NYT  -  737 words
  • Page 3 Advertisements
    • 98 3 Dine in old world charm II! -hi! i k X *< p 3 r+ m w; For a quiet and intimate dinner, come to The Stables grillroom. Where the atmosphere's warm and private and the service unobtrusive. With etchings and prints of famous British horses against a backdrop of natural
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    • 231 3 Now, there's a golden opportunity to win a free you fly British Airways or Ansett Airlines. H f 9 X f;r* Si 'I "-A jir sji British Airways fly everyday to Sydney, four days a week to Melbourne, thrice weekly to Brisbane. And now, teamed with Ansett's 34 destinations in
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  • RAW MATERIALS
    • 491 4 THE TREND of palm oil prices is definitely up. From a peak of $1,157 a totone in February last year, the local delivered price of crude palm oil declined steadily to a low of $662 a tonne in October from where it started to pick
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    • 212 4 THE Singapore market yesterday closed slightly lower with March One RSS buyers quoted at 275.25 cents per kilo, down 2.75 cents from Monday's close, dealers said. Afternoon levels fell further on continued speculative selling in quiet trading conditions, they added. In Koala Lam par, the market closed lower at
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    • 315 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 273.50 274.50N Int. 1 R.S.S. March 276.00 276 50 Int. 1 R.S.S. April 279 25 279.75 Int. 2 R.S.S. 258.00 259.00N UK/Cont 257.00 258.00N Int. 3 R.S.S. 255.00 256 OON UK/Cont
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    • 118 4 NOON SSR and SMR p 'new ymt sardajr RA8 SSR 20 SSR SO 11-ton (1-tOB pallet) pallet) March (Carnal Mtk) Buyers Sallara 243 00 244 00N 239 50 240 SON April (Forward Mtk) Buyer* Sellers 246 00 247.00N 241.SO 243.S0N MKZLB SMRCV SMR L SMR 5 SMR
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    • 80 4 THE STRAITS tin price In Peaaig yesterday rose 24 cents to M 539.71 n picul, still within the International Tin Agreement's middle range price sf $39.11 to *52.74, dealers said. An easier overnight London Metal Exchange, weakness of sterling and reduced buying from all sources (ailed to bring
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    • 34 4 Rubber: Feb 17 Singapore: March: 275.25 cents (down 2.75 cents) Malaysia: March: 298.75 cents (down 2.50 cents) Tin: M 530.70 per kilo (up 24 cents) Official offering: 121.30 tonnes (down 78.70 tonnes)
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    • 89 4 WORLD oilseed production during 1960/81 is now indicated at 161.3 million tonnes, up 0.5 per cent from last month's forecast but down from the 174.2 million tonnes estimated for 1979/80, the US Agriculture Department said. In its world crop production report, the USDA said larger cotton-seed output
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    • 178 4 CHINESE Prtiiee Exchange, Sagapsre, el—lag price* per 111 kg yesterday. CMNit Ml: Bulk fob $129.00 sellers, old drum (In second hand drum) fob 1139.00 sellers, new drum fob $145 00 sellers. Capra: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $425.00 sellers, Sarawak white pepper
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yarn: China Blue Phoenix 20s 2.200 32s 2,760, 40b 2.970 (per bale of 400 lbs). Pleee gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 331 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.36, 100 per cent second class 1.01, 100 per cent third class 1.00, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special
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    • 842 4 COFFEE: Robusta futures yesterday ended a quiet morning narrowly mixed at £3 a tonne down from Monday in May to £2 up in July with November unchanged. Turnover was 315 lots including two options. The market held narrowly around Monday night's close on light routine trading, awaiting the
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    • 123 4 THE MALAYSIAN crude palm-oil market yesterday was firm on continued nearby covering in fairly active trading, dealers said. In the south, February rose Mss to $1,030 ringgit a tonne while March and April were unchanged at $1,015 and $1,010 respectively. The refined market was quiet despite some light
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  • ASIAN STOCKS
    • 539 4 TOKYO SHARE prices yesterday fell sharply on scattered selling over a wide front with many investors discouraged by a sharp drop in speculatives, dealers said. The market average lost 29.61 to close at 7,135.91 in light trading with volume 220 million shares. The Tokyo Stock
      539 words
    • 317 4 AFTER opening sharply down, the market yesterday bounced off the 1500 barrier and gained back lost ground steadily. The weak opening was marked by low volume, as only a few small investors panicked after Monday's big drop. Turnover was up as most counters moved in unison. A short bout
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    • 260 4 MINING and oil shares continued to fall in the absence of strong overseas support and the all ordinaries index dropped eight points to a year low 641.2, brokers said. KEB 17 Cents industrials'* A C. I. 210 unch A N I 320 unch A P M 225 -2 Ampol
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    • 286 4 STOCK prices yesterday closed steady with losses and gains about equal in quiet trading, dealers said. First Trust rose 0.50 baht to 73.50, South Asia Fibre 0.50 to 89, while Siam City Cement fell one to 192, Rama Tower dropped 0.50 to 87.50 and Mah Boonkrong Drying and Silo
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    • 53 4 FINANCIAL TIMES INDUSTRIALS Monday 434 5 Friday 493.2 Week Ago 460 9 DOW JONES AVERAGE INDUSTRIALS Monday closed Friday 931.57 Week Ago 947.18 H.K.HANG SENG Tuesday 1528.51 Monday 1537.46 Week Ago 1622.15 AUSTRALIAN INDUSTRIALS Tuesday 672.7 Monday 674.5 Week Ago 668.4 ALL ORDINARIES Tuesday 641 l Monday 649.2
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  • Page 4 Advertisements
    • 165 4 AN INVALUABLE GUIDE to the banking, finance and insurance community yw 'y5- 3BE .3* ■f *S*£ i >w L J ■S a copy Available at all leading bookshops and emporiums Published by: TIMES DIRECTORIES (PTE) LTD (an associate o' the Times Organisathon) 530 Cuppage Centre. 55 Cuppage Road. Singapore 0922
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    • 9 4 BY N.Y. PUBLISHER Jit M* Si loTdiT ***** MS*
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  • TRADE AND INDUSTRY
    • 396 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, Bukit Timah Campus, Department of Extramural Studies, National University of Singapore Feb 21: Minutes Taking for Secretaries, Suite 36C
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    • 250 5 EXXON Chemical yesterday opened a $150,000 specialty chemical laboratory in Singapore which will help oil producers, refiners and petrochemical plant operators in the AsiaPacific region tackle process problems. The laboratory is the only one of its kind in the region outside Japan. For the moment, the laboratory
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    • 62 5 THE Shell group of companies will be sponsoring this year's Singapore Youth Science Fortnight. Held annually, the event seeks to give Singapore youth a deeper insight into science and technology and to stimulate discussion between young scientists and senior members of the scientific community. It is organised
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    • 327 5 AN Asean trade promotion centre is expected to be set up in Rotterdam later this year. Asean countries have agreed in principle to the setting up of the centre aimed at promoting trade with the European Economic Community. Officials are now
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    • 87 5 THE Peninsula group has appointed Un Aeby general manager of Peninsula hotel. Born in Switzerland, Mr Aeby joined the Peninsula group in 1968 and prior to his present appointment was general manager of .Marco Polo Hongkong which is sched- uled to open at the end of this
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    • 186 5 TARZAN is looking for an agent in Singapore. Australian-based Tarzan's Grip Manufacturing Co, maker of a multi-pur-pose glue, is expanding its markets to South-east Asia and is seeking an agent in Singapore. Over 40 million tubes of Tarzan's Grip have been sold in Australia, Papua
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    • 487 5  -  By FLORENCE CHONG AUSTRALIAN tourists travelled to Singapore in record numbers last year and spent an estimated $170 million. Dennis Pile, regional director (Australia and New Zealand) of the Singapore Tourist Promotion Board, told Business Times that in the 11 months to end of November 1980,
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    • 216 5 NEC Singapore will send at least 10 Singaporeans a year to Japan to attend computer and communications courses. Trainees will undergo two-year courses and attachments with NEC headquarters in Tokyo. The scheme is expected to continue for at least five years with a fresh lot of trainees sent
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  • Page 5 Advertisements
    • 116 5 'V% PtastMMse The Hiftoß 3* and British Airways present d? CP. Ta r STARRING DEREK NIMMO #1 »\1 t* BARBARA MURRAY GEOFFREY PALMER HELEN GILL It's the Hilton's first 1981 Dinner Theatre presentation. A riotous farce hailed by West End critics... "I laughed until my eyes were blinded with tears"
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    • 102 5 ROCFLOOR Resin flooring many times stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. BATIK A Battka Singapore Pt« Ltd tel: *****44 Holds up to six cards with room to spare Billfold compartment <b The Diners Club Wallet Yours the moment your application
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  • 362 6 THERE IS every reason to dissolve the Science and Technology Ministry. Its functions and responsibilities have been too disparate to give it an effective and efficient coordinating role. The ministry never really got off the ground following its creation over a decade ago because the
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  • 311 6 THE PRUDENT planner makes every effort to get things right before they start. Once an illconceived plan is put into action, it will take that much more time and effort to smooth out the lumps and bumps that a little more foresight and careful
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  • 928 6  -  By LEE YOKE MENG "WE HAVE no wish to become a mega-broker," said Nick Samuelson, group chief executive of Jardine Matheson Insurance Brokers. In no uncertain terms, he went on to reinstate, for the umpteenth time, that Jardines' main philosophy is to be the "personal"
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  • 623 6  -  Letter to the Editor EXPERTO CREDE Singapore tKi Dear Sir, Your front page news item on the February 7 issue of the Business Times, about the Land Acquisition Act, sets out matters of considerable concern to investors in Singapore where any of their money is invested in
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  • Page 6 Miscellaneous
    • 586 6 I CRYPTIC PUZZLE I ACROSS 1 Quick to bite? (5) 6 "I serve," for instance, many a German (5) 5 Such water makes dear m tea! (7) M Burlesques featuring little Christopher (5) 6 Unearth and appreciate more highly? (3, 2) 2 Start being queer (5) A demanding place? (7)
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    • 71 6 umptt a ureoufc DiGecToßs LOOK PkT THOS£TLJO PEGGING it up J GCJT IT PkU_ U)J3oNG>, fefctSTOOU. ITS <MOUN P\S PS VU>OCVC»4G LUHOi r > inn'. qP~~^ r 5 J r^ 0 T n&* CHP\SwG~rne rneßew To <|sio °C£. u)p»iTßess€S Qdund P>ND r s-rcvre or reiax pnioi \Round the. p RND
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    • 550 6 MOVIOLA NIGHT I KEEP A DATE with part two sf the "The Silent Ltven" la MovloU which will be telecast at 8.41. Greta Garbe (played by Kriatlaa Way born) helps "The Temptress" heeeme a hex office hit aai la her third film, "Flesh Aad The Devil," she Is cast eppeslte
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    • 175 6 News 8.11 Sports Diary 8.15 On The Sunny Side t.M Prog Summary followed by Storytime I.M Arts Alive li.fi Music While You Work Il.ii News in Brief IMS Instrumentalists Of The Week llJi Many A Slip 12.M Say It With Music I.M Lunch Date Mi PM News followed by Share
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  • 659 7  -  By PETER CALVERT BRTTAIN'S ICL, the only large European-owned computer manufacturer, is in serious trouble and may seek government aid. The company, regarded only six months ago as a successful competitor to the huge US computer corporations, believes it lost more than £20
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  • 528 7 IF XEROX is reminded of the advertisement about piano lessons "they langbed when I sat down to play" concerning the Savin Corp's success in the office copying market, It Is understandable. Savin was founded In 1151 and did not begin to compete seriously for a
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  • 380 7 A READER has sent in this cutting (left) from a recent edition of Check-in, the publication of the Singapore Hotel Association. As he comments, "one can't help but wonder what visitors from overseas must think of Singapore's standards of English, and why the Hotel Association would
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  • 865 7  -  LEADING MACHINE TOOL MANUFACTURER IN THE U.S. By BARNABY JOSEPH NYT AFTER a year on the job, the welder at Ingersoll-Rand's upstate New York compressor assembly plant shows no signs of getting bored. Or hungry. Or tired. The welder is a robot. Relentlessly, its large metal-sheath-ed
    NYT  -  865 words
  • 48 7 WE inadvertently transposed the positions of two members of the Advisory Committee appointed by the ViceChancellor of NUS in yesterday's article. Associate Professor David Lim is the acting head of the NUS School of Architecture and Mr Ho Pak Toe is President of the Board of Architects.
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  • 889 7  -  FORUM 4 with FLORA LEWIS NYT TALK about restoring US influence in the world has focused on weapons, intelligence, hard political and economic bargaining. But it has overlooked one vital tool in understanding and swaying other countries. Effective use of these other resources requires a knowledge of
    NYT  -  889 words
  • Page 7 Advertisements
    • 256 7 Invest in a diamond now... 11 our funlustically discounted prices, ivui ***** lose' cy > v t v\ N v •A V Ever since we were established in Singapore, we have always believed in giving the best price and service to all our customers We also have a team of
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 208 8 FEB 16 Fls ABN 284 00 unch Ahold 70.80 18 Alt 20 17 80 -0.3 AMEV 93 70 -0.7 Am fas 119 80 -04 Amrobnk 54 80 -0.6 Bergo&s 28 00 -0.5 Berk Bols II 56 00 0.3 Borsumij 235 0 -3 Burhmann 59 30 0.3 Byenkorf 37.10 0
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      • 267 8 FEB 16 Frs CORBEILLE Air-Liquide ***** -2.4 B S N Gervals Danonf 1011 -11 CSF (ThomsonCsl) 355 -3 Cle Franca is** des Petroles 219 -1.2 Compagnie Financier? Compagnie 387 (".rnrralf •1 Credit Foncier De France 396 0.9 Hachette 372 (Librairie) -3 Machines Bull 36 09 Mlchelin (B| 660 -15
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      • 218 8 FEB 16 l>m Aeg-Telefunken 58 80 -48 Akzo 1660 unch All* Leben 1070 00 unch Allz Vers 453 00 unch BASF ***** -06 Bay H T Wbank 188 00B Bay Vhank ***** unch Bayer 109 20 0 4 BBC 246 00B BMW 149 00 -2 Cauella 296 10 -39
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      • 94 8 FEB 16 Fr* FORWARD MARKET Acec 263 unch Arbed 1232 12 Astur 404 2 Brascan 1020 18 Bru Lamb 950 34 Canpar 1330 40 Cock 183 DP BffR 325 17 Ebes 1800 10 Electrobel 3240 100 Gb-Inno-Bsn 1990 -10 Gev 1394 40 Hobok 2640 -20 Pftro 5060 SO Ryl
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      • 184 8 FEB IC Francs Actions Sulars 282 Alusuisse Br 1055 *10 Alusuisse Reg 406 -4 Brown Boveri Br 1280 unch Ciba Geigy Br 990 10 Ciba Geigy P C 765 10 Ciba Geigy Reg 557 unch Credit Sui.vse Br 2680 25 Credit Suisse Reg -2 Elektrowatt Br 2410 unch George
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      • 105 8 FEB 16 Lire Anic 910 -005 Assoc Gen *****0 -1900 Baslogi 706 39 Cditrtlr ***** 300 Fiat 2030 -105 1- insider -J8 75 0 4*: Ci**n Immob 2482 -39 IKI Pri 5605 -45 Italrementi ***** -2090 I taigas 1820 4 Itaisider 285 unch Magneti M Pf 779 75 99
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    • 196 8 fr'EB 16 CI Ahiiibi 27 Alran 38 unch Aifoma 41 unch Bank Mont 31 bank Nm Ifilli 32 BrII Tel 19'- Beth Corp BP Can Lid Z 43'. Bona 33'. -'i Camp Red Lake 80 .i, Can Imp Bk 29 Can par 43'. Canpac Inv Pf 19 unch Carl
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    • 307 8 FEB 16 Rand INDUSTRIALS A Alpha 355B Abercom 315 unch AE And CI 780 -3 AM It 2175 unch Harlow s 975 -10 Cm Sugar 1750 unch CMA Cume Finance 210 unch I> Beers Jnd 2600 unch Kdron 545 unch Edgars 8500 Eveready Eed Volk ZZZ" 445 unch Euglt
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  • Page 8 Advertisements
    • 229 8 Where to wine,dine and entertain Local and Western self-service lunches Open daily 10.30 a.m. to 3.00 p.m. II Restaurant Lounge 10.30 a.m. to 10.00 p.m. DOLPHM CAFETERIA Apollo Enterprises Ltd 119,15t floor, y World Trade Centr W If you want a speedy lunch in style.., if s time you came
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    • 211 8 For banquets. For conventions. For other functions of flawless finesse. I unctn ms for aft to 'J SO < quests lnU 'rrjcjf;* >n i. rrwnus U > rh< x >.st fr< >rn '< onjtk'tt' niri(jt' of nmJio-risiui! t'lfirpnwn :\mjVt' jhirkttuj s/)d( V J k s < «-i Hiir\ l*)ii*k i«
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    • 227 8 New York market was closed on Monday for Washington's Birthday See Page 4 for Asian stocks feast like an emperor at Chinatown Nr!»fp f- Mr? 4b r» < I > "W* fir Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at
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    • 119 8 OQQOO 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. RtfM HKTON MTERNATIONAb
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    • 116 8 asgood as going to Bangkok. This is Thai Seafood at its authentic best So tresh, it could have been alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant "'i Usssf restaurant Try
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  • BANKING AND FINANCE
    • 300 9 THE MALAYSIAN Airline System (MAS) has signed an agreement with the British subsidiary of a French bank for a US$45 million loan to buy the airline's third DC-10 which is due to go into service in April. The agreement was signed in Kuala Lumpur between
      300 words
    • 208 9 Reuter FINANCE ministers of the European Economic Community have decided against changing exchange -rates inside the European Monetary System (EMS) as a remedy to the weakness of the Deustchemark, informed EEC sources said. They said France and Italy were categorically op--posed to any suggestion of
      Reuter  -  208 words
    • 140 9 SOUTH AFRICAN Finance Minister Owen Horwood an—eed Mine miner relaxations of foreign exchange contra! procedures. He toM Parliament that every effort wUI be made to straunHae red tape aad added that he Is ;aware the effeetiveaeos of foreign exehaage controls is limited la a reasonably sophisticated economy like
      140 words
    • 164 9 Reuter FIVE Japanese banks have resumed representative business at Teheran in anticipation of increased trade and financial transactions between Japan and Iran. The Bank of Tokyo, Fuji Bank, Sumitomo Bank, Mitsubishi Bank and the Tokai Bank, which suspended business after the outbreak of the
      Reuter  -  164 words
    • 483 9 THE BANK of Tokyo, the local Overseas Express Bank and the Asuransi (Credit Indonesia Co have signed a cooperative agreement to provide credit for developing small business enterprises on Ball Island. Bank of Tokyo general manager Kenji Yoshizawa said at the signing ceremony the new agreement will
      483 words
    • 190 9 AFP THE HONGKONG branch of Citibank has announced the signing of a HKSIOO million (US$2O million) negotiable floating rate certificates of deposit issue. The issue, which is of a three-year maturity, carries an interest rate of 0.25 per cent over the Hongkong interbank offered rate. The issue is
      AFP  -  190 words
    • 1271 9 NYT LOSSES on consumer loans have increased sharply at banks, finance companies and retailers around the country. As a result, many of these institutions are cutting back on credit to individuals, an informal check with the creditors shows. Individuals in the lowerincome brackets, and
      NYT  -  1,271 words
    • 150 9 AP RUMANIA has revalued upward the leu in relation to western currencies by an average 15.5 per cent in an apparent effort to strengthen the national currency. According to the National Bank's new list of foreign exchange rates issued on Feb 16, US$l is now worth eleven lei,
      AP  -  150 words
    • 329 9 SHARPLY higher capital assets should be sufficient to cover Swiss Volksbank's budgeted growth this year, in spite of Switzerland's new and more restrictive capital ratio regulations. General manager Hans Frey told the bank's annual press conference that capital assets rose to 1.07 billion Swiss
      329 words
    • 279 9 THE STATE Buk sf India yesterday riped Its Mrtad Mrin sf Rooting rate certificates of deposit (FRCDs) worth US$35 million. TV tfem-yew paper, die on Feb 24, IK4, will be tossed at par with aa Interest rate sf per cent above tbe Singapore interbank offered rate
      279 words
    • 45 9 THE EUROPEAN Caal aad Steel Cemmaaity (ECSC) Is lasalag a 121 m llll*a Deutchemark, It per «eat, Ityear EartkMi at par. The bead, the first sew lasae la the mark Earabaad sector siaee early last December, will be redeemed la the final five years.
      45 words
    • 447 9  -  By LILLIAN CHEW SINGAPORE authorities must apply the tax incentives available here with greater flexibility if the Republic hopes to overtake Hongkong as the financial centre of the region. This point was made by a leading tax expert in Singapore, Mr Brij Soin, yesterday at a
      447 words
    • 609 9 NYT AMID signs that the economy is continuing to grow, many credit market analysts in the US say the forces of inflation and heavy borrowing might cause interest rates to increase. Philip Braverman, an economist at the Chase Manhattan Bank, said: "There should be
      NYT  -  609 words
    • MONEY AND EXCHANGE$
      • 479 9 THE US dollar yesterday closed weaker against major currencies on profit-taking and commercial selling in active but thin trading, ahead of today's announcement of Reagan's economic policy. It weakened to a late 552.1010/20 after a higher 2.1085/95 opening and 2.1065/ 75 at Monday's close here. likrtMk tarwart rdes
        479 words
      • 140 9 THE dollar for overnight delivery yesterday closed easier at 207.45 yen, compared with a 206.00 opening here and 207.35/65 close in London overnight. This was also down slightly from 207.65 yen close here on Monday. Trading volume was a heavy US$l.4l billion. After erratic but active early trading, the
        140 words
      • 22 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
      • 202 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Feb 17. 1'8 DoUara(Spot) Offer Bid 7 days 17 17>. 1 month 18 3/16 181/16 2 months 18 18 3 months 18 9/16 18 7/16 6 months 189/16 18 7/16 9 months 1711/16 17 9/16 12 months 17 9/16
        202 words
      • 48 9 RANGE of prices offered by discount houses on Feb 17: Overnight i 7'«^ Call deposits: to 7'.'? Closing Baying Selling 3-month Treasury bills 6"« 6'. 3- month Bank bills 13M 13'i 3monthsCD 12 s 12 j 6 months CD 12 13/16 12 1/16 Source: National Discount Co
        48 words
      • 49 9 FRANKFURT exchanges opening quotes on Feb 17: US 2.2000 40 Stg 5 000 010 Can 1 8450 85 DF1 92.22 41 S Ft 110.07 48 Lit 2.112 19 F FY 43.25 37 NKr- 40.35 43 B Fr (con) —6.212 26 B FT (On) 6.021/33 Yen 1 0707 30
        49 words
      • 265 9 SINGAPORE gold futures yesterday closed generally firmer compared with overnight levels in very thin trading, dealers said. They attributed the firmer gold price to some local short-covering following the weakness of the US dollar on foreign exchange markets. Prompt closed stronger at US$496 /499 an ounce against 485 489
        265 words
      • 44 9 M«a m New York -B 12 80B -S 13.1QS Zurich 12 70B 12 SOB 13 10S TM 12 SOS Singapore im 12 64B 12 40B 13 (MS 12 80S Closing pric *s in USdolUrs a troy ouno t. Source: Credit Suisse, S'pore.
        44 words
      • 142 9 THE dollar yesterday eased from its opening levels in a thin and volatile market after regaining more than half the ground against the mark it lo6t in Far East profit-taking, dealers said. After falling to 2.2080 2110 marks in late Hongkong trading, nearly four pfennigs below its 2.2465 85
        142 words
      • 129 9 THE US dollar fell rapidly against the mark in afternoon trading to stand at 2.2080 2110 marks after opening here at 2.2475 85 and closing on Monday in London at 2.2465 80. The dollar also eased against other major currencies, falling to 2.0160 0210 Swiss francs from an opening
        129 words

  • 2203 10 BID and offer prices officially lilted 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 A COMMERCIAL Acma (3.308)
    2,203 words
  • 175 10 SINGAPORE I'NTT TBI ST OUB-MONTAGU (Nutpn' prteea far Pel »> (Maaagere* prtec* i far Pel H»> The Commerce 3 68 3 87 Union Spore Fund 1.45 1.50 The Savings Fund S pore Prog Fund 2.11 156 2.22 1.S4 INCOME BOND UNIT S pore Sec Fund S pore Invest
    175 words
  • 2690 10 1980/1981 High Low Company Last Sale Gr"« Gr'» Net Div Div Y'ld P/E Vol Day or- C*vr ('OOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 300 184 227 420 170 352 845 408 610 245 Acma 220 Alcom 116 Allied Choc 138 BAT 203* Bata 60 Ben
    2,690 words
  • 2371 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. INDCBTRIALB A CWe (1.558) AMD (2.005) (14) 1 94 23) 1.90 (3)
    2,371 words
  • 701 10 THE nervoasaeas of the small man domlaated the morning seasloß before baylag Interest Injected confidence Into afteraooa trading at the Singapore stack exchaage yesterday. Speculative Interest was evident as heavy volumes aad erratic msvements were shserved in the seesad tradlag sectlsa as well as la
    701 words
  • 579 10 THE Kuala Lumpur stock market recovered ground yesterday after Monday's heavy flood of selling which sent prices tumbling on the boards. Shares were generally traded to higher levels in the afternoon when buying and covering support appeared resulting in a steadier tone at the final bell.
    579 words

  • COMPANY NEWS
    • 2280 11  -  Starting out as a virtual shell, Multi-Pur-pose Holdings, the corporate arm of the Malaysian Chinese Association, has prospered into the corporate octopus it is today. The past four years have shown that MPHB's growth was never planned to take place in small strides. Drawing from
      BT CHART BY SOONG  -  2,280 words
    • LATEST RESULTS
      • 81 11 has an- nounced an unaudited group pre-tax profit of M 520.14 million (|9.39 million previously) for the six months ended Dec 31 on a total turnover of $173.19 million ($165.40). The parent company's pre-tax profit amounted to $13.03 million (14.96 million) on a total
        81 words
      • 144 11 has announced an unaudited group net profit of M 59.3 million ($11.9 million) for the first half year ended Dec 31 on a group turnover of $102.9 million ($109.1 million). The profit is after a tax charge of $5.1 million ($7.1 million) but before an extraordinary profit
        144 words
      • 103 11 has announced an unaudited net profit of M 5258,- 000 ($230,000) for the half year ended Dec 31 on a turnover of $1.81 million ($1.38 million). The profit is after a tax charge of $120,000 ($lBO,000) but before an extraordinary profit of $1.32 million (nil). Earnings per
        103 words
      • 146 11 Reuter has announced an unaudited net profit of $1.63 million ($3.01 million) for the half year ended Dec 31 on a turnover of $13.44 million ($18.43 million). The profit is after a tax charge of $761,000 ($2.21 million). Earnings per share work out to 11.6 cents (21.5
        Reuter  -  146 words
    • 70 11 Reuter KUNDONG Tanjong Pau Co Bhd (Kundong) said negotiations are at an advanced stage which may lead to the sale of its Tanjong Pau estate in Kedah, Malaysia. If agreement is reached, the proposed sale would be subject to all the necessary government consent and approval
      Reuter  -  70 words
    • 1104 11 SEATED behind his big desk, Mr Tan Koon Swan's air of humility and unassuming manner almost belie his importance in the corporation he directs. As the managing director (operations) of Multi-Pur-pose Holdings, the corporate arm of the Malaysian Chinese Association, Mr Tan has been instrumental in transforming
      1,104 words
  • Page 11 Advertisements
    • 33 11 FOR SALE Reputed fashion garment establishment with good production force retail outlet, good local and overseas contracts for complete take-over by genuine buyer. Interested please call tel: *****62 from 10.30 a.m. 2 p.m.
      33 words
    • 320 11 of fjfhJ/jKa// Clncorporated m Malaysia) ANNOUNCEMENT The Board of Directors announce the following results of the group's operations for the first half-year to 31st December, 1980. Group Turnover Net Group Profit before tax (unaudited) July/Dec 1980 SOOOs 173,187 20,137 July/Dec 1979 ffOOOs 165,405 9,386 The increase in profit is the
      320 words

  • 480 12  -  By AGNES WEE ONLY A few days after reports appeared about British ire being aroused by disparaging remarks made by Singapore leaders about the English system being a recipe for failure, the British are again taken to task, this time by a new generation
    480 words
  • 255 12 THE Minister for Communications and the Minister for Labour will be asked to comment on the necessity of conducting another study to assess the Hansen review team's recommendation of an allbus system. Mr Ng Kah Ting, Member of Parliament for Punggol,
    255 words
  • 80 12 CROWN Priace AJdhlto and Princess Michlko of Japan will be making an informal visit to Singapore on March C and 1. They will attend a dinner given by the Prime Minister and Mrs Lee on March C and will pay a courtesy call on President Sheares
    80 words
  • 678 12  -  TOKEN FINE, OLIVE BRANCH? By FLORENCE CHONG A TOKEN fine, a slap on the wrist and an olive branch. That, according to cynics, will be the outcome of events in the Court of Petty Sessions at Hobart, Tasmania, on Friday next week when Singapore
    678 words
  • 280 12 SINGAPORE'S inflation rate continued to slow down, with the consumer price index rising by only 0.3 per cent in January over December. The index rose 6.2 per cent between January last year and this January. This is lower than last year's average inflation rate of 8.5
    280 words
  • 207 12 Reuter JAPAN'S balance of payments last month turned into a deficit after being in surplus the previous two months, according to preliminary figures released in Tokyo yesterday by the finance ministry. The January deficit of US$5O million, well below the $2.22 billion deficit
    Reuter  -  207 words
  • 132 12 Reuter BRITISH Trade Department investigators have been unable to identify large acquisitions of shares in Dunlop Holdings by South-east Asian interests associated with the Goodyield Plaza group, which said in November it owned 17.5 per cent of Dunlop. The investigators said they decided not to
    Reuter  -  132 words
  • 150 12 Reuter THE average price of Opec oil rose 24 per cent in the past 12 months, much faster than inflation in the industrialised world, Petroleum Intelligence Weekly said yesterday. The paper calculated that after allowing for inflation, the real increase was only about
    Reuter  -  150 words
  • 800 12 LONDON, Tues. Equities finished easier today, though above early lows, encouraged by the small gains shown in government bonds, dealers said. At 3 pm, the Financial Times index was down one point at 483.5. Equities were weak initially on the Welsh coalminers' strike but little selling pressure emerged
    800 words
  • 97 12 AP NEW YORK, Tues. The stock market turned higher this morning after three straight days of decline. The Dow Jones average of 30 industrial stocks, which fell 20.73 points last week, rose 2.73 points to 934.30 in the first half hour. Advances were about even with
    AP  -  97 words
  • Page 12 Advertisements
    • 329 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 20th February, 1984 of: PHILIPPINE NATIONAL BANK Room 801-802. Bangkok Bank Bldg.. 180 Cecil Street, Singapore 0106 We hereby certify that the rate of interest payable on the above-mentioned Certificates of Deposit for the Interest Period
      329 words
    • 445 12 THE JOB OF THE CHIEF EXECUTIVE (a residential programme) OBJECTIVES The objective of the seminar will be to develop systematic ways of thinking about corporate strategic issues in a dynamic environment such as ASEAN. In addition to developing frameworks for decision-making, the seminar will devote considerable time to the problems
      445 words
  • Page 12 Miscellaneous
    • 59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hours prior to 7.39 p.m. on Feb 17 at the airport. Maximum temperature 31.5 Associated humidity 65 Minimum temperature 23.9 Associated humidity 97 Hours of sunshine 8.05 Rainfall in millimetres Nil Total rainfall for the
      59 words

  • SHIPPING TIMES
    • 178 13 MORE than 500 companies from 21 countries will be taking part in Marintec Asia '81, the international exhibition of marine equipment to be staged in Singapore at the World Trade Centre from March 2 to 6. Participants include 21 British-based companies, the largest national
      178 words
    • 504 13  -  By JAN LEE ANTOLL Pte Ltd has added another ship to its three-month old Straits Australia service to provide regular fortnightly sailings. The new addition is the Sagaland, a chartered Norwegian vessel of 13,000 dwt capable of carrying up to 90 reefer containers
      504 words
    • PORTSIDES
      • 88 13 Reuter A SEVEN-HOUR fire on an oil rig in the Gulf of Mexico 80 km south of Louisiana was brought under control after the crew was evacuated. A 1 Spinier, spokesman for the Ocean Drilling and Exploration Company, said the platform's 13 crew members were unharmed.
        Reuter  -  88 words
      • 67 13 Reuter THE General Council of British Shipping (GCBS) tramp trip charter index rose slightly in January to 234 from December's 233, the GCBS said. A sharp rise in the index for vessels of 85,000 long dwt and over to 266 from 210 in December more than compensated
        Reuter  -  67 words
      • 125 13 FISHERMEN in east Scotland have agreed to continue a blockade of ports until they get assurances from the British government of steps to curb the flow of cheap foreign imports. The fishermen are protesting at the dumping by foreign vessels, mainly from the European common market, of tons
        125 words
    • 717 13 Shipping Liar P»ge CM Achipelego vn 2 Adriatic IV 2 Afea VI 3 Afro-Eurasia VI 2 Alfred CT vm 3 All trans VI 5 Alpac VI S Angkutan VI 4 Angonave vm s ANL i I AntoU vm i APL m 4/5 Argentine IV 4 ASCL m
      717 words
    • 901 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Ned Hoorn 043 18.2.81 1500 Ned-EAC TA 3 TT Nep Topaz 32S 18.2.81 0400 Neptune 50 VC P. Eisenhower 81 18.2.81
      901 words
    • 1438 14 BROKERS reported quiet North American grain chartering on Monday, but rates generally held fully steady. The unchanged rate of US$22 was paid for business from California to west coast Mexico for Feb/Mch, while a steady H9.25 fio was agreed from the US Gulf to Holland at $20 fio
      1,438 words
    • 538 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Equator n (after Jenson) 22 Hong Ming (1000) 44 Kai Hua (after Fushimi Maru) 45 Kota Ratu (1100 hauls) 10/11 Nedlloyd Fresco (0930 after Nedlloyd Bangkok) 3/4 Poyang (after Trsat) 15/16 Palm Sea Horse (Tanker) (1400 P/O, after Kota Ratu hauls) 13/14
      538 words
    • 301 15 AFP THE United Thai Shipping Co, Unithai said it would protest alleged "unfair treatment" of one of its vessels by British authorities. A company spokesman said Unithai had already contacted the British embassy in Bangkok in connection with the protracted
      AFP  -  301 words
    • 140 15 DESPITE a relatively large number of accidents within shipping, Norway occupies a very favourable position in the international statistics on accidents at sea. Out of the 27 leading seafaring nations, only the Netherlands could record a smaller number of accidents, reports the head erf the Unitas marine
      140 words
    • 582 15 PANEL TO RECEIVE TESTIMONY SOON NYT THE US Senate Permanent Subcommittee cm Investigations is expected to receive testimony this week that payoffs to union officials in Atlantic and Gulf ports were routinely shared with people in organised crime in New York. The Senate panel
      NYT  -  582 words
    • 101 15 IN THE galae ef twe TOtea birgM m deck carge, the Him-Utyd freighter ffamm—to, II grt, (right) reeeatly teek ef -fcnrito cable at Bf Mucrktvca. MmtMtfrt by the labrtaMtol ewnpuj, thto cable la to he aaei tor earrytag paver aappdea to drllttag rigs to SeatlKeaat
      101 words
    • 312 15 A COMPREHENSIVE computer system for ship management, which is designed to handle a variety of administrative functions at present tackled separately, is about to be introduced by Norway's Det norske Veritas classification society. Named Sprintman, the basic programme package will be used with
      312 words
    • 1307 19 SCHEDULE The list below tabulates, bv port of destination, the name of the ship, the shipping lme involved and the estimated dates of arrival and departure from the up u m K a Pore. Advance dates are published at a maximum of
      1,307 words
    • 176 20 Reuter THE United Arab Shipping Co, UASC, a joint venture of six Gulf countries, will report a profit for 1980 after a total loss of 9.5 million Kuwaiti dinars in 1978 and 1979, general manager Abdul Aziz Salatt said. He declined to give figures
      Reuter  -  176 words
    • 724 20 AFP SIGNS of renewed Soviet chartering interest on the freight market last week enlivened an otherwise quiet period, with the recent decline in rates halted in several sectors. Dealers said holidays in Japan and South Korea largely explained the limited fixture list. Soviet activity was confined
      AFP  -  724 words
    • 327 20 US-BRAZIL: Following the renewal of the equal access agreement between the US and Brazil, American Atlantic Lines said that it has received authorisation to participate on a temporary basis for all cargoes moving between the Amazon Basin ports of Brazil and the US East Coast and Gulf ports.
      327 words
    • 217 20 AFP HONGKONG, the world's third largest container port, experienced another record growth last year. A HK Marine Department spokesman said an average of 275 ocean-going vessels and river trade craft arrived in or departed from the port each day. Some 10,229 ocean-going vessels used the
      AFP  -  217 words
  • Page 13 Advertisements
    • 436 13 Ij I I Everett Lines FO« THE MOST FUEQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHIT T AGONG CALCUTTA CHAINA RANGOON BUfNOS AIRES MANZANttLO ACAPUICO Everett Steamship Corpn. S/A Clifford Centre Singapore 1 lei ***** 9 36 Beach Street Penang Rrn 36 103 OCBC Bldg Tel ?1441 3 Port
      436 words
    • 329 13 SKALORDi; m. UASC UNITED ARAB SHIPPING CO (SAG) JEBEL All V 13 25/2 11/3 V 13 19/3 ADOKIY V.li 29/3 U. WATTY AH V.12 9/4 JtBEL All V 14 a® kaq cargo acceptable intransrt. Loading for Dubai (5/3) Kuwait (7/3) Dammam (11/3). Mma Qaboos (13/3) Abu Dhatx (15/3) Doha (17/3)
      329 words
    • 682 13 MILLION MILES MARINE (PTE) LTD. 2* SHIP CHANOLERING (Sales Services) AGENTS DtSTRBUTORS STOCKISTS. Deck, Engine, Provisions Dry Frozen, Bond Galley Suppliers. Add 463, Macpherson Rd S'pore 1336 TEL *****21 (10 lines) Office on the wire *****1 I (24 HRS) MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF,
      682 words

  • Page 14 Advertisements
    • 961 14 MIS CRM MALAYSIAN INTERNATIONAL SHIRRING CORRN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE From Eirope 1) G burg 2) Hburg 3) B »en 4) Rdam 5) If H N HOORN Sailed Sailed Sailed
      961 words
    • 273 14 BBS SUPERCARRIER SERVICE CALIFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE AISO ACCtFTWt MLB I* Mart*. Hm OMmm. MMBt DM Im h««toi TO: VENEZUELA CARRIBEAN GULF US ATLANTIC E. CANADA »/i 21/2 21/2 2/3 5/3 6/3 17/3 KIT AMNALS "TENNESSEE" FA 25 "BARBER PERSEUS" Mm 2. "THERMOPYLAE' mm 6. "BARBER TONSBERQ"
      273 words

  • Page 15 Advertisements
    • 503 15 STRAITS SHIPPING Singapore to Sabati, Sarawak, Brunei Ports end Bangkok Overseas 1 11 1 Containers Limited Weekly service to/from UK/Europe C«taiMnh|p Service To/From Banfkok contamrsmp sonnet to ik/coctot: H-tof rta Stan Spare D'etat* Bran A'werp Le Havre UJ(. BenelM 21 FA 13 Ma IS Ma life Ilk 11 Ma Hnerkenf
      503 words
    • 511 15 ra Franco 80/ yum Services i vr« i.* 7 r Span P Mm( 11m MmMb Com Tnoti &M MM Ik llftr 11 Mr KM* 8M aM IS Mr 17 Mb Hk »MB 4Mb SMb Skr 8k MMb 2 Apr 17 Mb KM* 4% 7 Apr 1% IS* 31 MB 17
      511 words

  • Page 16 Advertisements
    • 611 16 Hapag-Lloyd ItafAi Eqmi HMto| Eifins Kiwfi Dm Lworpoal by Spore P* Pen Brfbao Genu H burg B haven Rdam (MMctaan 1/3 10/3 14/3 9/4 12/4 15/4 18/4 MmM* 1/3 8/4 8/4 3/4 EltaMrli i i 20/3 22/3 25/3 15/4 29/4 27/4 24/4 TO \RAJZmM Feeder P Knanj Spore Manfne HK
      611 words
    • 614 16 LINE KOREA S ZZ P. Kelang PENANG STORE VEGAIS7N 22-26 Feb 27/2-1/3 2-5 March FROM BUSi BANGKOK VESA 15K 22-26 Feb 27/2-1/3 2-5 March TO BUSAN ALTAR 161N 12-15 March 16-18 March 20-23 March FROM BUS/ BANGKOK ALTAM 162E 12-15 March 16-11 March 20-23 March TO BUSAN KSC KSC KSC
      614 words
    • 618 16 EVERGREEN LINE FAR EAST, EUROPE EXPRESS EULL CONTAINER SERVICE ACCEPTING CARGO FOR: HAMBURG, FELIXSTOWE. ROTTERDAM. ANTWERP. LE HAVRE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONDON, MANCHESTER. BIRMINGHAM, BRISTOL, LIVERPOOL. GLASGOW. LEEDS. WEST GERMANY mmmtu HOLLAND immm i«« ur* 22/02 vu 10m i«/m n/u 23/03 24/u {Mr M|• 3/03 a/03
      618 words
    • 887 16 Everett Lines/ i Burma Fivt Star Shipping Corpn. k "BURMESE NATIONAL LINE" LOADING FOR RANGOON Nm| ITIM flO3/11 ftb M 71/22 f*b 21/2 M» rrn s/u mm B F SS C Agenti m Moioywj BOUSTEAD SUPPING TELNOS Kt *****2/*****9 'ARGENTINE NATIONAL LINE' LOADMG F(» DURBAN MONTEVDEO BUENOS WES C«A Transportacion
      887 words
    • 328 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE CUTSTAI STAA 20-21 2 TOUT Hi OCEAN SHPfMC 1 —WP PIE LIB smcapok m 22*1144/7 *****37® A LUMPUI TU 4*4*44. U47SI com MO BOOUNC OCEM SHPPME STOBE IE 22*1144/7 MLALI COMTMO P. KELANS IU: 5347. H73/4 SUB AGENTS P. KELMK
      328 words

  • Page 17 Advertisements
    • 525 17 r L. PIL GROUP EAST AFRICA/REDSEA SERVICE A SING APORE/CHITTAGONG/RANGOOH/SER VICES KOTA BUANA.... KOTA BERUAN. Singapore 25/30 Fab In Pt/18 Feb Loading For ChHtagong, Madra ttodw, Rangoon SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ 20-21/2
      525 words
    • 805 17 BEN LINE CONTAINERS EXPRESS CONTMNEX SERVICE TO/FROM EUROPE KMC BHAVIN ROAM HAW SOTOM SjWt Austria Antvtrp ft met Al UK Nainbpi ImuMH UwpoMOot l*l»Oo, 22 WJ IVI u/i Wi U/J nn a/3 tvi a/3 a/i i«/i .52 /J W3 9/1 v* »/3 IVJ 17/3 7/4 1/4 14/4 12/4 V 4
      805 words
    • 532 17 SI Scan Dutch? \l I i v A i 'ft: 1 WEEKLY EXPRESS CONTAINER SERVICE I OMIM 21/7 PtMAGA 27/7 8 MUM V) PtNAGA 13/3 OAK* 21/1 PUMA 27/3 I SUM «0 OUMA WD MX* TOTMM I) Barcelona 6mm. lafara 7) Ar UwrpMl. U Caaarv bM 3) >■■■ lnnrtana tartan
      532 words
    • 466 17 BOUSTEAD SHIPPING AGENCIES SINGAPORE •to Reunion BANK LINE FOR REUNON ft SOUTH AFRICA Capetown hut (also acceptor East London A VESSEL 30/3 11/4 16/4 23/4 21/4 and Maputo carfo) Lines U.S. NEST COAST SERVICE Dtad from SfO Lbc* SPORE ASHLEY IYKES Sid SM 27/2 BMNTON LVKES 3/2 11/3 LESUE LTKES
      466 words

  • Page 18 Advertisements
    • 634 18 K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA tetdai mufe Km »a C*|*i aha acctptabto In I •attoa. SI Mr PMadeohaa. I ifcland. Vancouver Pwttand. Houston, Gallon, few Oritam. rtah. BaNwiwe. Siimhli. Intawli TO EUROPE P Keiang I Havre R'dam H'bwf Bremen A'werp FROM EUROPE TO
      634 words
    • 595 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE !m*| ta 10J Mtltt. UN FMNCSCO SUHIi IKOM*. VMCOMR I t Accw4nt Fa/Fa CatMNti i«b" i'sr »rr ysr AUSTRALIA EXPRESS CONTAINER SERVICE fee*** Fa/Fa Mmn PMwt S port Rr. Wb M Sd f.tn -RAWAJ 25Ftt> ?6 Ftt> II Mv liMx 22 Mm HAR—*S-
      595 words
    • 591 18 O (iroiii) SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCE AN BUI L DING SINGAPORE 0104 MARKETING *****2 (3 LINE SI GENERAL 913M1 141INES' TERMINAL OF f ICE 2223b83 TELEX RS ?4S9S RS 2bS6B A B CARSHIP CABLE CARGOSHIP m lte«|ional Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK MIDDLE EAST
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    • 633 18 KORINS MARITIME SERVICES Room 60V ICB Building. Shenton Way Singapore Tel *****67 MIDDLE EAST/RID SEA/EUROPE SERVICES PTf I TO \\JIT\SAM ICk LIIMtS V a menOe' o< tt\e Si"* k Group ol Companes UNER SERVICE F HOM KOREA' T AWAN HONG KONG TO SINGAPORE Mm Buun Koobnc HJtat Spare MM ROOK
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    • 548 18 INTRASEA (PTE) LTD. Faber Mouse 234E Orchard Road 9 Telephone *****11 "*****57 ®\MO KGULM RttPEMOT SOWKE TO HHOPE S parc P. Kateif Pm| Laadta| »«r NORASIA NBIQ3. 3Mxk ■OMLOOt/TM*/ IK (AVON) Mi' RCTUSEA (fit) LTD *****11 BOOMS *****57 K lm*m TEO SMPPMG I TRAMS 4M444. 4*742. *****1 NM« MIO OVERSEAS
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  • Page 19 Advertisements
    • 535 19 TO EUROPE/UK (VIA SUEZ): C. CONTAKR 101 V In Port S.S. BUDGE 30* 25/2 N. GARNET 4W 1/3 K. CHANCE 2W 6/3 C. PAUL 26W 13/3 TW BRDGE 5W 18/3 C. ROZE 24W |24/3 Containers Feedered to/from F'stowe Also accepting cargo to/from Scandinavia S.S. BRIDGE S'pore Closing Times: FCL Cargo
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    • 88 19 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Suites 1311/1312. Shaw Towers, Beach Rd, Singapore 0)l8 Regular Container Service accepting FCI /LCL Cargo for Austrafia All Ports New Zealand Auckland, Lyttleton Sri Lanka —Colombo United Kingdom —All Major City Terminals. Call *****81. SWETIAN SINGAPORE (PTE) LTD Booking: Tel *****9/981 259/*****7 TELEX: R*****5
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    • 431 19 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALDIVE NEIGHBOUR 21/2 Loading For Dubai/Oammam/ Kuwait MALDIVE PEACE 28/2 3/3 Loading tor Bahrein/Kuwait MALDIVE MAGE 23/2 Loading tor Kuwait MALDIVE PIONEER 25/2 Loading For Jeddah MAIDWE MPORTER 25/2 Loading For Male MALDIVE PROGRESS In Port 25/2 Loading For Muscat/ Khorffakan/Dubai/Abu
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    • 205 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUILDING 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. «LANG fOUNG M/S SHARMAT MAN SOON SON. BHD. IST AND 2ND FLOOR MESSRS HAI THONG SHPfWG 23 #etd
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  • Page 20 Advertisements
    • 424 20 A ANTOLL LINES Owed B Ls lo Adelaide Melbourne' Sydney Brisbane Independent FCL Container Conventional Liner Service Port Sol Tufa Sat aland Sol Drott Sol Tula Satahnd Singapore Port Kriang Feb 25 Mar 4 Feb 27 Mar 6 Mar 23 Apr 6 Mar 25 Apr S Brisbane Mar 28 Sydney
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    • 385 20 PRACHT (MALAYSIA) SDN. BHD. REGULAR INDEPENDENT CONSOLIDATION TO I THE I FOLLOWING PORTS:VESSELS ETA POUT KELANG LOAOING FOR 19/2. 2/3. 17/3. 31/3 Colombo. Bombay, Karochi 15/2, 20/2. 24/2. 1/3 Hong Kong. Towan, Mando 3/3.7/3 Jakarta. Tokyo. Yokohama, Kobe '13/2. 15/2. 19/2. 22/2, 25/2, 27/2, 28/2, 1 /3, 7/3 UK. Europe
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    • 227 20 2 PERKAPALAN LAUTAN BIRU SDN. BHD. POBoi 220 KouKmtMlu Sabah REGULAR UNCI SERVICE Sabah Sarawak Bangkok Singapore Pori KeUng SEALION SHIPPING PTE. LTD. Tel: *****81 Tlx: ***** SEALION SHIPPING (M) SDN. BHD. Tel: 38-7754,-98-7479, 38-9851 Tlx: MA***** SEJAMA SHIPPING A TRANSPORT SDN BHD. Tel *****1, *****2 Tlx: MA4G3SI NORDDM SHIPPING
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    • 283 20 (Uniioaa Express Be*+een Wesf Ana East Ma a*s a Accepfmg up to 1 8? on TITI SHIPPING 1 TRADING SON BHD K KARLANDER (AUSTRALIA) PTY. LTD. sarwca to and Iran East Austraian parts From Australia: m* S ptr# pj,^ KTOSQ MMU V5B to ft/20 Fab KYOTEN MAMI VS9 1/2 Mar
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    • 404 20 OCEAN LINES REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE (Abo accepting cargo tot Riieta Bowrgas Constarua subject to inducement) S port P KdM| Penang loading tor OCEAN DIAMOND V.IONB 20 Fab Part SaM/MBurtfe/lMmad nrMK/Bmt/lattaka/ ONNED VESSELS SAGASIA PTE LTD. (LOUIS OftCYFUS GROM* Of COMPANIES) T* *****55 (5 Iwm) TUO B
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  • Page 20 Miscellaneous
    • 157 20 Regional Weather N J s tl r o <88f 2& .Pox ft 2.6 5d LLl£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Temperature Shower Weather Wind direction with speed in knots Rain vJ OoudySky w.vewjh, Svteee wMi are Indicated by arrows which
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