The Business Times, 12 March 1981

Total Pages: 24
1 24 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, MARCH 12,1181 60 CENTS
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  • BRIEFLY...
    • 96 1 AFP JAKARTA, Wed. The Malaysian Trade Union Federation does not object to Indonesians working at Malaysian plantations, provided they come into the country legally and are issued with work permits, Indonesian Labour Federation chairman Agus Sudono today quoted a Malaysian labour leader as having told him in Geneva
      AFP  -  96 words
    • 71 1 JAKARTA, Wed. Indonesia hopes at the end of the Third Five Year Plan (in 1984) to be free of illiterates, of whom there are now still about 10 million in the country, non-formal education director-general, Dr WP Napitupulu, said today. However, this target can be achieved only with
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    • 62 1 AP ORISTANO, (Sardinia), Wed. Anti-terrorist police reported that they found a number of weapons near a North-Atlantic Treaty Organisation (Nato) radar base located on the Arci Mountains in central Sardinia. Police said they had no clues about who left the weapons hidden in a bush. The
      AP  -  62 words
    • 69 1 UPI BEIRUT, Wed. Libya today charged that US warplanes had violated its air space and that vessels of the Sixth Fleet are staging military manoeuvres near the central coast of the country. The state-run Libyan-news agency, Jana, said in a Tripoli-datelined dispatch that two aircraft carriers, 10
      UPI  -  69 words
    • 64 1 Reuter WASHINGTON, Wed. A group of medical researchers today said coffee drinking might be the major cause of cancer of the pancreas, the fourth most common malignant disease in the US. A group of five doctors from the Harvard School of Public Health said their research showed
      Reuter  -  64 words
    • 59 1 TEHERAN, Wed. Abbas Amir Entezam, Deputy Prime Minister in Iran's first post-re volutionary government, is to go on trial on charges of cooperating with the US Central Intelligence Agency (CIA). The official Pars news agency today quoted the public relations office of the Islamic Revolutionary Court as
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    • 83 1 BEIJING, Wed. Former Kampuchean Head of State Prince Norodom Sihanouk tonight said he planned to hold another round of talks with Khmer Rouge leader Khieu Samphan in Beijing in May on forming an anti-Vietnamese united front in his homeland. The prince said in a telephone interview from
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  • Chief Price Changes
    • 127 1 Rises Indices U I c 1540 470 Mar 10 Mar 11 Carlsberg 850 95 B.T.Indicator: *****.*****37.14 Chem lad 360 34 Industrials: 825.47 807.78 Jack* Iat Spore Land Guinness 452 910 810 12 10 10 Finance: Hotels: 1531.70 1521.90 1340.75 1328.11 Lien Hoe 277 9 Properties: 796.20 787.05 Spore Glass
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    • Article, Illustration
      154 1 Rises Indices M Text 615 +95 Mar 10 Mar 11 S'pore Land 970 70 B.T. Index: *****2.68 *****9.77 Sel Prop 1960 60 Industrials: 1021.27 1021.92 Isl Pen 1200 40 Finance: 1499.39 1472.09 Shell 600 30 Hotels: 530.63 530.30 Carls berg 900 30 Properties: 995.21 1018.14 Oriental 980 30
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  • 1007 1  -  JC-MPH A LARGE SHAREHOLDER By MANO SABNANI A TUSSLE is building up for majority control of Hwa Hong Manufacturing, the edible oil and industrial soap manufacturer which has put up a dismal profit performance ever since it became a publicly listed company less than
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  • 246 1 THE PETROCHEMICAL Corporation of Singapore (PCS) and Caltex are jointly undertaking a $15 million to $20 million project to lay submarine pipelines and cables off the shores of Jurong. Caltex is laying two pipelines one to transfer black oil and another to transport white
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  • 424 1  -  By FONG MEW LENG A TEAM of senior Japanese government officials will arrive in Singapore next week to help the Ministry of Labour draw up a cooperation programme to study Japanese management approaches. The team has been invited by the Singapore Government to meet toplevel officials
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  • 373 1 THE number of new projects approved by the Building Control Division of the Public Works Department increased by 52 per last year. In terms of value, the 694 projects approved last year were estimated at $1.56 billion or double the previous year's $776.66 million. This reflects both
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  • 287 1 THE Meaetary Authority of Singapore has started ta Implement the organisational changes recommeaded by Dr Gah Keng Swee's study team. The bead of this study team fram the Finance Ministry's Management Services Department, Choag Kaaag Yang, is new in the MAS ta help with
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  • 477 1  -  By CATHERINE ONG J OVERSEAS Union Bank (OUB) yesterday reported a 50 per cent jump in group net earnings amid a sharp fall in stock market sentiment. An across-the-board selling wave hit punters following news that Development Bank of Singapore (DBS) is planning
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  • Page 1 Advertisements
    • 6 1 Car Audio Specialist FUJITSU TEN LIMITED
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    • 155 1 SOYOUSTEI SMOKE? THEN LET'S TALK TEETH You wouldn't use a scouring agent to clean bone china, would you? It's the same with teeth. Yet ordinary toothpastes are too bland to remove tobacco film, and tea, coffee or other stubborn stains. The answer? New Clinomyn the toothpaste specially formulated for smokers
      155 words
    • 76 1 ÜBIBGI SHIPPING TIMES SIR Geoffrey Howe maintains SPK now controls Sentosa Plymonetary c0ur5e........... fi wood 15 SAUDI Arabia aims for equal- MULTI-PURPOSE bid for ity of opportunity g I MBC approved 16 UK computing centre seeking METAL Box berhad to acquire distributor 11 Malaysia Can IS CROSSWORD 8, TV' AND
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    • 2 1 Leader...page fi
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    • 295 1 AGOODBOOK RECENTLY? FIND IT AT Climes Bookshops Imr Orclurd ffiiw RxhMma /<4m nflr luc• snc»Atisrs cf MH» "-m MuMl -I'm? T* )}>MI 5 'mm< «O»J3 •CI*Mo«DC(«i f a( «OuM Is Oil blowing ICAP apart? ABQ 4th Quarter 1980 ICAP does not appear to be working out very well When Australia
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  • Page 2 Advertisements
    • 531 2 In a world where the average age in the boardroom is plummeting as rapidly as the price of property appears to be soaring, it is not at all unusual that an ever increasing number of senior executives are spurning the luxurious, but terribly boring tanks in which their predecessors were
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  • REGIONAL
    • 428 3 UPI CHINA reacted strongly yesterday to reports that tkie Reagan Administration lr willing to consider the tale of a scaled-down version of the F-16 jet fighter to Taiwan, saying it is "firmly opposed" to any such move. Reports from Washington said the Chinese government
      UPI  -  428 words
    • 269 3 Reuter MALAYSIA'S inflation rate last year was 7.1 per cent, the highest in six years, indicating that the country's booming economy has at last been affected by price rises imported from the West. The Malaysian Statistics Department reported that the official consumer price index (CPI) rose 0.8
      Reuter  -  269 words
    • 110 3 AFP MALAYSIAN Prime Minister Datuk Hussein Onn will retarn to Kuala Lumpur tomorrow after a successful coronary bypass operation in London last month, the New Straits Times reported yesterday. No official confirmation of the report was immediately available. The report quoted reliable sources in London as saying that
      AFP  -  110 words
    • 256 3 Reuter PRIME Minister Malcolm Fraser erf Australia yesterday announced an agreement with the United States for B-52 bombers to use Darwin Air Base in the northern part of his country as a staging airfield. Mr Fraser told Parliament that under the
      Reuter  -  256 words
    • 451 3 Reuter THAI Prime Minister Prem Tinsulanonda yesterday announced a new coalition government comprising military leaders, technocrats and members of five political parties. The 38-member cabinet, replacing the year-old previous coalition that collapsed a week ago, contains new faces in some key economic ministries including 62-year-old
      Reuter  -  451 words
    • 166 3 AFP JAPAN has proposed a string of new projects for Asia and the Pacific and said it is ready to consider financing them. Addressing the opening session of the United Nations Economic and Social Commission for Asia and the Pacific (Escap) in Bangkok yesterday,
      AFP  -  166 words
    • THE REGION IN BRIEF
      • 501 3 Agencies CANBERRA has invited senior government and industry representatives from Asean to a coal utilisation workshop, which will be held in May. Australia's Deputy Prime Minister and Minister for Trade and Resources, Mr Doug Anthony, said the workshop will handle all major aspects of coal handling and
        Agencies  -  501 words
    • 218 3 AP JAPAN and the United States will hold another round of talks on aviation next month to review bilateral relations, strained by what Tokyo feels are "serious imbalances" in the present air agreement. The talks, the third in a series, will be held
      AP  -  218 words
    • 106 3 AFP INDIA'S Energy Minister, ABA Ghani Khan Choudhury informed his Parliament on Tuesday that new coal reserves, detected earlier in the Kalol oil fields in Mehsana District of the Gujarat State, about 500 km north of Bombay, has now been estimated to be of the size of
      AFP  -  106 words
  • Page 3 Advertisements
    • 159 3 Advertisement Without culture, Man is just another animal. Mobil is committed to the perpetuation of cultural aesthetics, since they help create a balanced society when blended with technological and scientific achievement. Thus Mobil has contributed large sums of money for the promotion of the Arts in Singapore. Mobil is the
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  • RAW MATERIALS
    • 212 4 SOYBEAN futures in Chicago on Tuesday ended down 9'/« to 13 cents a bushel in revived trade. Prices settled on the bottom of a 19 cent range. Steady selling by the Professional house in afternoon trade, estimated at 3.5 million bushels of May, brought local long liquidation and forced
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) f«tton yarn: China Blue Phoenix 20s 2,300; 32s 2,800, 40s 3,060 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 128 4 IN THE Kuala Lumpur market yesterday, values were easier on the Malaysian crude palm oil market on lack of covering interest in quiet trading, dealers said. In March, the southern region eased Mslo to $990 a tonne and in April, the northern region slipped $10 to $975 while
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    • 224 4 THE Singapore market yesterday closed slightly lower with April One RSS buyers quoted at 275.00 cents per kilo, down 0.25 cent from Tuesday's close. Morning prices opened about unchanged and thereafter fluctuated narrowly on lack of buying support. The afternoon session was quiet and featureless. In Kaftla Lumpur, the
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    • 294 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 289.00 270.00N Int. 1 R.S.S. April 275.00 275.50 Int. 1 R.S.S. May 278.50 279.00 Int. 2 R.S.S. 254.00 255.00N UK/Cont 253.00 254 00N Int. 3 R.S.S. 248.50 249.50N UK/Cont 247 50
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    • 117 4 NOON SSR u >d SMR price® yesterday: RAS April Mil 'Current Mth) (Forward Mth) SSR 20 <1 ton pellet Buyer* Seller* Buyer* Seller* 243.00 245.00N 245.00 247 00N SSR 50 (1 ton pellet) 239.00 241 00N 241.00 243 OON MKELB April M«jr SMR CV (1 ton pallet)
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    • 84 4 THE STRAITS tin price in Penang yesterday fell eight cents to M339.1C a kilo, still within the International Tin Agreement's middle range price of $31.91 to $32.74, dealers said. London's overnight steadier advices and sterling's strength against the Malaysian dollar were discounted as higher disposals of tin and
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    • 34 4 Rubber: March 11 Singapore: April: 275.00 cents (down 0.25 cent) Malaysia: April: 296.50 cents (down 1.50 cents) Tin: M 530.16 per kilo (down 8 cents) Official offering: 180 tonnes (up 22.7 tonnes)
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    • 143 4 WHEAT futures in Chicago on Tuesday closed down 7V« to 3'4 cents a bushel in moderately active trade. Prices settled on the bottom of a 10 Vi cent range. Late general selling into a void of buying forced prices to day's lows, traders said. They cited slack pending export
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    • 176 4 CHINESE Predaee Exckaage, Singapore, eMag prices per 1M kg yesterday. CMWit «U: Bulk fob $117.00 sellers, old drum (in second hand drum) fob $130.00 sellers, new drum fob $136 00 sellers. Opra: Mixed (loose) $66.00 buyers. Pepper: Muntok white pepper fob Asta NLW $422.50 sellers, Sarawak white pepper
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    • 328 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 100 per cent third class 1.06, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special
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    • 825 4 COFFEE: Robusta futures yesterday closed a quiet morning at the session's lows with losses from Tuesday of £7 to £15 a tonne, basis September at £1,040. Turnover was 1,021 lots including two options and around 250 lots of crossed trades. BUGAR: Raw futures fell to new contract lows
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  • ASIAN STOCKS
    • 511 4 TOKYO SHARE prices yesterday closed lower on scattered profit-taking over a wide front in quiet trading, as many investors held off due to a lack of fresh incentive, dealers said. The market average fell 14.54 to 7,044.87, with volume 200 million shares. The Tokyo Stock Exchange
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    • 326 4 THE multi-million dollar rights issue announced by HSBC panicked many small investors who feared the effects of such a massive drain on the market. The opening was in line with London's overnight close. Hectic early trading saw the market move sharply in both directions. After the early panic subsided,
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    • 319 4 THE market yesterday closed sharply higher in light trading, buoyed by lower interest rates in the US and the UK and stronger demand for Australian shares in London on Tuesday, brokers said. The All-Ordinaries index was up 10.1 points at 667.3, taking total rises for the week to over
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    • 220 4 STOCK prices yesterday closed generally unchanged, dealers said. MAR 11 Asia Credit Asia Fibre BahU IT. 140 unch Ajruthays In* And Trust 88.50 unch Bangkok Investment Bangkok Bank Bangkok Drying A nil Hlln z: 964 unch Bangkok Insurance Bangkok Metropolitan "»n an J Bangkok Nylon Bank Of Asia H
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    • 108 4 THE market yesterday closed mixed as the commercial-industrial sector firmed and mining and oils eased, brokers said. MAR 11 Prsoi Acoje Mining Mm unch Atlu Con. A Atlu Con. B TLX 03 Ba«ulo Oold 006 unch Bencuet Con. B pjj SSJO -0.3 CDCP 5 unch Inco B. Landotl Lepanto
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    • 52 4 FINANCIAL TIMES INDUSTRIALS Tuesday 484.3 Monday 483.5 Week Ago «04.2 DOW JONES AVERAGE INDUSTRIALS Tuesday »72 86 Monday 978.42 Week Ago 988 02 H.K.HANG SENG Wednesday 1295.44 Tuesday 1371.42 Week Ago 1459.85 AUSTRALIAN INDUSTRIALS Wednesday 893.7 Tuesday 892.5 Week Ago 890.5 ALL ORDINARIES Wednesday 867.3 Tuesday 867.2 Week
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  • Page 4 Advertisements
    • 886 4 Jones Lang Wootton March collection SINGAPORE OFFICES The Octagon Prestige 25-storey tower in heart of city. Prominent ground floor banking hall and Ist floor offices of 960.4 sq m for lease Completion October 1981. Golden Mil* Tower Commercial office/retail/entertainment complex with excellent views of city waterfront. 18th level whole floor
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    • 223 4 This tieaC. V\ hen you talk about authentic french food at La Chaumiere, it's always a feu de joie a feast. Sumptuous, exquisite. We've been notoriously known to 'spoil' our regulars with the speciality on our a la carte. Here to deliciousiy tantalise your taste buds is Monsieur Jean-Marc Lemoine
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  • Page 5 Advertisements
    • 551 5 What is Singapore? The Singapore 'miracle' has fascinated many people throughout the world. Now, an eminent Australian writer and a gifted English photographer collaborate to present new images of that 'miracle' in "Impressions of Singapore". Specially commissioned by Mobil. "Hills and islands disappear, their rocks tumbled from trucks and barges
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  • OVERSEAS I
    • 754 6 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JFK/SFO/HKG MAS MH601 0630 KUL SIA SQ101 0815 KUL MAS MH605 0630 KUL MAS MH621 0635 PEN RBA BI421 0930 BWN MAS MH671 0930 KUL SIA SQ201 1000 HLP CPA CX710 1005 HLP MAS MH611 1015 KUL
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    • 647 6 SMALL COMFORT TO BUSINESS Reuter THE Chancellor of the Exchequer, Sir Geoffrey Howe, has maintained the British government's tough anti-inflationary course in the annual budget to parliament. He said the government would continue with its monetarist policies to bring down inflation, which has been cut to
      Reuter  -  647 words
    • 226 6 AP FORTY-FIVE civil servants at a top secret British base monitoring messages from Soviet spy satellites and radio broadcasts walked out on Tuesday in the first of a series of no-warning "lightning" strikes for more pay. The walkout followed Monday's general
      AP  -  226 words
    • 182 6 Reuter PRESIDENT Valery Giscard d'Estaing of France has held up British economic policies as an example to be avoided by France, and said both excessive state control and monetarism are bound to fail. In his first television interview of the campaign for the presidential election
      Reuter  -  182 words
    • 376 6 AFP CONTINUED concern in Western Europe that high US interest rates may delay recovery from recession in the region will form the backdrop of a meeting of senior officials of leading industrial countries in Paris, reliable sources said. The Reagan Administration will be represented
      AFP  -  376 words
    • 489 6 Reuter THE INTERNATIONAL Monetary Fund may have to make a major change in the way it finances its operations in order to persuade Saudi Arabia to provide a massive infusion of much needed loans, monetary sources said. The Saudis have offered
      Reuter  -  489 words
    • 158 6 Reuter A DECISION by Eastern Airlines, one of the five biggest US airlines, to use Rolls-Royce's new fuel-effi-cient RB2II-535E4 engines to power its Boeing 757 fleet was greeted by the British company as a major boost for the engine's long-term prospects. A Rolls-Royce spokesman
      Reuter  -  158 words
    • 625 6 AP DESPITE all the numbers, the dollar signs and fiscal jargon. President Reagan's revised budget is as much a political document as any party platform, providing the clearest declaration to date of his view of the federal role in American
      AP  -  625 words
    • 269 6 AFP OIL PRODUCTION in the 13 Opec countries fell 12 per cent in 1980, largely because of a 50 per cent cut in Iranian output and a 20 per drop in Iraq, the British trade journal Petroleum Economist said. Opec the Organisation of Petroleum Exporting Countries
      AFP  -  269 words
    • 554 7 NYT PRESIDENT Reagan's first foreign visit since taking office got off to a rough start as Canadians protesting a range of US policies disrupted official welcoming ceremonies. Canadian Prime Minister Pierre Elliot Trudeau chastened the hecklers, who appeared to make up a significant portion of
      NYT; AP photo  -  554 words
    • 560 7 Reuter, AP THE SOLIDARITY Free Trade Union branch in Lodz, Poland's second city, called off more strikes early yesterday, saying it had reached an agreement with the authorities. The Lodz branch had brought more than 900,000 workers out on strike for one hour on Tuesday
      Reuter,; AP  -  560 words
    • 83 7 Reuter THE REAGAN Administration is considering economic aid to Poland beyond the US$BB million requested for debt rescheduling, but coupled this with a strong warning against Soviet intervention. In a joint statement issued on Tuesday after talks between Secretary of State Alexander Haig and
      Reuter  -  83 words
    • 218 7 Reuter THE US decision on whether to attend a summit meeting proposed by Soviet President Leonid Brezhnev will be influenced by the Soviet Union's international behaviour, the State Department said. Department spokesman William Dyess said the presence of Soviet troops in Afghanistan
      Reuter  -  218 words
    • 337 7 Reuter West German Foreign Minister Hans-Dietrich Genscber has won American assent for consultations among North-Atlantic Treaty Organisation (Nato) allies leading to US-Soviet talks on limiting medium range nuclear missiles in Europe. West Germany and other Nato members had sought the discussions. Mr Genscher
      Reuter  -  337 words
    • WORLD IN BRIEF
      • 433 7 Agencies THE THREE gunmen holding more than 100 passengers on board a hijacked Pakistani airliner at Damascus yesterday agreed to extend a deadline they had set for the release of 55 political prisoners by Pakistan, an official spokesman said. The hijackers had threatened to take drastic action if
        Agencies  -  433 words
  • Page 6 Advertisements
    • 43 6 Leader...page I 40 £jik M k A n 1 Tfie Hunt 5 J Al( the timeless rituals of the table, updated tiiqfith|. Intermit*m\i. Asi.)/P.,< if'< The someplace special to take someone special T r Wpi_ A^| 77 < *> iy>'\ *> m xr z m ■v
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  • Page 7 Advertisements
    • 223 7 National's Economy Package: Five to six welding machines for the cost of one. u TIG-CUT tc 300 If* WrJ i V TIG CUT 300 (Model: YC-305TC). The economies of six kinds of welding methods including plasma cutting from one machine. A choice of AC or DC TIG welding, AC or
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    • 102 7 THE NEW FORCE in light truck transportation 0 V mm tm -2 > rr 7 OUT* w V2SW DOUBLE CAB 1 3 /4TONNER DIESEL $16,500/WIDTH: 1600 MM LENGTH: 2145 MM □Hi K II ■sSSrrm *1 •ft ft f -J* Jl FRONT REAR WHEEL WHEEL SIZE SIZE I V2SL FLAT LOW
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  • 337 8 SOCIETY has its laws and those who go against these laws must suffer the consequences. Where the wrongdoing is serious enough to make it a crime, this usually means removing the individual from normal society and locking him away in prison. A very neat business, similar
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  • 258 8 STRIKES in Britain these days are common news, so much so that in some people's minds, Britain is almost certainly associated with 'strike'. Rather unfair, some protest, and justifiably so. Britain still has many redeeming and charming qualities, and the workers do maintain some sense
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  • 913 8  -  Saudi Arabian officials have acknowledged that their goal is to provide equality of opportunity and not equality of income or weath. No wonder, then, reports STEVEN RATTNER, that some Saudis are fabulously wealthy, others moderately well-to-do and unskilled workers almost pathetically poor. STEVEN
    NYT  -  913 words
  • Page 8 Advertisements
    • 411 8 THE 3RD SINGAPORE INTERNATIONAL BUSINESS EQUIPMENT COMPUTER SHOW March 24-28, 1981. 12.M Hrs-2t.N Hrs at World Trade Centre Singapore Adam Carparatian Advuw Bastoess MmUm Pte Ltd Air Mm Asia Pte Ltd Ahum Cnrperatiaa APS Electraaics (S) Pte Ltd Aster Cask Register Mfg Ca Ltd A.T. CNH Baege Baaer Behn Meyer
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  • Page 8 Miscellaneous
    • 561 8 t -11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 1 In Bath I wear it (5) 6 Unsociable vehicle (5) 9 Snuggles up to a homely boy? (7) 10 Flood of tampered tapes (5) 11 Masks various evils (5) 12 Hold forth to a Tory, maybe (5) 13 Short of shotguns! (4-3) 15
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    • 728 8 CINDERELLA AT THE PALACE AN UNKNOWN performer's fantasy Is kmght to reality on "Cinderella At The Palace", tonight's Thursday Entertainment Special (channel 5, 11.11) with Gene Kelly as host and narrator. lib muslr&l variety special fellows the "fairy tale" career of an nnknown singer Marlene Bled, 23, who ventures to
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  • 1729 9 FT MIDLAND BANK, the third biggest of Britain's Big Four clearing bank groups, is currently engaged in a major expansion of its international banking operations. So far most attention has focussed on the US$B2O million plan to acquire control of Crocker National Bank in the
    FT  -  1,729 words
  • 1248 9 The beast that stalks the Bundesbank The West Germans are worried that their country could face its first battle with 'stagflation'. Bqpks foresee liquidity difficulties this month and the Bundesbank president, Karl-Otto Poehl, concedes there will be little improvement in this year's current account. SF. SINCE last September,
    SF.  -  1,248 words
  • 184 9 I CAN understand The Singapore American, the newspaper put out by the American Club, spelling words in the American manner. But is it not slightly over-stretching the 'doing it our way' line to write about construction work on the new SPCA premises starting in "late spring"?
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  • Page 9 Advertisements
    • 7 9 Tjuuk: Cuisine ala Kashmir WdMVixm To I; !;>!).>
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    • 524 9 tnutaßl Exposition Of India's Industry. Trade Technology 27 March to 5 April 1981 Hall 4. World Trade Centre. Singapore Here's Your Chance to Establish Heavy Engineering Products Hindustan Motors Ltd Godrej Boyce Mfg Co Lalbgai Exports Ltd Bharat Motors Beco Engrg Co Ltd Krishna Engineering Works The Printers House Pvt
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  • 867 10  -  Shipbuilding is the most notable exception to South Korea's economic setback last year, 038 RICHARD HANSON. RICHARD HANSON. THE POLITICAL turmoil and social strife which followed the late President Park Chung-bee's assassination less than a year and a half ago coincided rather grimly with South Korea's worst economic
    867 words
  • 1160 10  -  FORUM with JOSEPH PUTTI WE HAVE, in recent months, heard and read much about job hopping. But it is dangerous to try to deal with this issue without first examining the nature of job hopping under present conditions in Singapore. Certain decisions and
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  • Page 10 Advertisements
    • 914 10 gSSMPffiS®- "SB®! H§§®@§ TT7 /T\ T?<7rir\ LLhtUMJLZ/ APRIL 7th Bth 10th, 1981 (Regent el' OZuata Lumpur Organised by Intraports Systems (Malaysia) Sdn. Bhd. In Conjunction With Business Times. ABOUT THIS SEMINAR This seminar is the first of its type and level to be held in Malaysia. It is organised by
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  • TRADE AND INDUSTRY
    • 210 11  -  By WONG AI KWEI INDUSTRIALISTS from the main Indian industrial district of Chotanagpur are keen to cooperate with local enterprise in the production of high technology and export-oriented products. Satya R Kar Roy, leader of a trade delegation from the Chotanagpur Chamber of Commerce and Industries,
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    • 271 11 SWISSAIR is stepping up its marketing in the Far East to get more passengers fly its airline. As a step towards strengthening its promotion and sales services, the international airline is conducting a 10-day discussion session in Mandarin hotel in Singapore. The"* session
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    • 115 11 THE newly-elected president of AFIA Worldwide Insurance, Paal Sutler, is in Singapore on his first visit to the South-east Asia regional control office. As part of Mr Butler's visit, there will be a two-day meeting attended by managers from seven countries in the region. Chase Manhattan Bank
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    • 438 11 SEMINARS AND COURSES Mar 19-20: Credit Management, Hilton Hotel, Acumen Credit Services Mar 19-20: Effective Sales Management, Hyatt Hotel, Price Waterhouse Associates Mar 19-21: Breakthrough Large Sales in Turbulent Times, SIM Conference Room (3rd floor, Thong Teck Building), Singapore Institute of Management Mar 22-25: Regional Cooperative Seminar, Regional
      438 words
    • 158 11 EAST Machinery, an importer of heavy equipment from China, has bought a computer system costing half a million dollars. The turnkey system, supplied by Automated Systems, will be operational by August this year. The managing director of East Machinery, I-inn In Hua, said the company is
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    • 63 11 AN Italian trade delegation from Lombardy will be visiting Singapore from March 27 to 31. Delegation members will seek joint venture partners and local importers or agents for their products. Their products include hydraulic rubber hoses, gift crystal articles and industrial chains. A joint organiser of the
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    • 124 11 THE special tax sparing credit provision in the avoidance of double taxation agreement between Singapore and Australia will be extended by another five years. Under the provision in article 18(3) of the avoidance of double taxation agreement, Australia allows credit for Singapore tax on
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    • 159 11 BOUSTEAD Engineering has obtained a (2 million contract for the supply of blast fences in front of the maintenance apron at the new Changi International Airport. Blast fences are needed to protect the surrounding areas when jet engines are run at full or partial power. The blast
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    • 389 11  -  By LILLIAN CHEW NATIONAL Computing Centre, an independent organisation serving the British computing industry, is seeking distributors in South-east Asia for its training products. The centre, which is a non-profit making distributing body backed by the British government and the industry, enjoys an international reputation
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  • Page 11 Advertisements
    • 578 11 NowNBI presents the future in office automation to take you out of the past. Introducing the NBI Office 1 Automation System. N The system that 1 works within the system to keep up with your expanding needs. As your business grows, so does the amount of paperwork. And before you
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 232 12 MAR 10 rr» CORBEILLE Alr-Uqulde B S N Qernu* C 8 F (ThomjonC»f)_ Cte Francalae de* Petrole* Compafnle Flninclerc Compagnle Oenermle Credit Ponder Oe France Hachette (Llbralrte) Machines Bull Mlehelln (B) PmriNu Pechlney Clflne Kuhlmann Peugeot Philip# (N* Oem Prlii tempi 8 A Rhone-Poulence 8A Royal Dutch Suet (Cle
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      • 193 12 MAR 10 Dm 4/-A«t-Ttl«funken 62.00 1J Akao 16J0 -0J Alls Leten noun -J Alls Vm 452.00 -3 BASF 1T7J0 4-1J Bay H T Wbank IBB HOB Bay Vbank mooB SST 112 0011 >41 JOB I BMW 1M.00 4-a Casaella 300 00 43 Cham Verw moo 3 Commersbank 1*00 1J
        193 words
      • 84 12 MAR 10 r ti FORWARD MARKET Aeac J HO -10 «-<—• 11M M Ajtur MO S Bructn 1 Bni-Lub I an *m BO unch Cinpf Cock De mn« U1V Ebes IffTC Electrotoel Ob-In no-Bm Q«v 1900 1300 -SO •M Hobok P«tro Rjrt Dutch Stdro 8oc Oen Bcl( 2200m 1740
        84 words
      • 178 12 MAR 10 PU ARM M OO -0.5 Ahold 72.00 -LI Akjo 1140 04 AllfV 90 -50 -0J Amfaa 107 JO -3J Amrobnk 54J0 -0.4 ISP 22.00 45.00 0J BoU W«l unch BorsumlJ 215.00 •33 Burluunn 16 20 -0.0 Byenkorf rim -0.4 Calaivd 2uo -0.1 Cal»e Delft 180 00 •1
        178 words
      • 157 12 Actions Sulaaas 3M unch Aluaulaac Br. iooo -5 Alueulaee Dm Brown Bowl Br. Cite Oelcy Br. Clb* (Mo P C 438 17IS 1060 KD WMh 10 -15 -IS ab» oeio Credit Suisse Br Credit 8ulsee Ra« DektronU Br. Oeorte Fischer Br Olotm Fc 564 •1 441 3410 7® 346B
        157 words
      • 98 12 MAR 10 Lire Anle it n -0.25 Ajaoc Oen inni -4080 ButOfl 711JS -7.75 Central* •900 PMt MM -51 Plnaider 90 JO -M Om Immob -90 IT! Prl 8300 -90 I tal cement! Italgaa MM -20 Italslder m J IU|MU M Pt 934 JO -0.5 Uutlll Etc m -2.75
        98 words
      • 183 12 MAR 10 AMtlhi a unch c H H At H unch Beta corp BP Can Ltd 41 -H 1 v» m +m Vi -H Otnptr T It +H k 4k unch C&npac In? Pf Carilnf OTCe«fe finntwqO Com Bath CODA U&rtMnor II x» 1 unch w Dtnfcot Denlaon nnm
        183 words
      • 251 12 MAR 10 Rand INDUSTK1AL8 A Alpha 380 unch A terrain AM And CI A»nr Barlowi ZZ aoo MB M -35 100 4S0B Currto Finance De Been Ind 115 Edcon ZZ SM unch If red Volk rufit «0 235 unch riaMten Qlenanl Oratemn ZZ 10M Hippo Hire Id 425 s
        251 words
  • Page 12 Advertisements
    • 171 12 Where to wine,dine and entertain t I he American Express Card. Don't leave home without it. 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 holidav-eves). For full details of
      171 words
    • 102 12 übertug (Ml L For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday i<> Friday j $19.50 10', service charge .V. cess Javanese Rijstafel Saturday <& Sunday $17.50 10' < ser vice charge A' < cess I J For reservations call 7.Y7W77 J «'iilun I 'nrk Slktiiliiii Siig;n|M»n'
      102 words
    • 182 12 _%[(@,:??&`><~-}<+"/?-$@_:(/^,} yW t step. '-4 «4 bW Their easy style, vocal harmony and wide repertoire of nostalgic oldies and popular hits will soothe VOU into a very relaxed mood At the Imperial Ba' 6 00 pm to 1 00 am. nightly except Sundays Unwind and relax with a long cool
      182 words
    • 112 12 Inn Of Happiness Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double yourtiining pleasure, with that famous Hilton service. For reservations, please call 737-2233. 2156 \\B^ xw *w 2*2do° ck uvn a' u King
      112 words
    • 155 12 A ft A 1 3L The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear with "The Zodiac" Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome' Cockpit Hetd Ox ley Rise/Penang
      155 words

  • BANKING AND FINANCE
    • 574 13 A SINGLE-DIGIT increase in the producer price index and continued sluggishness in the growth of monetary aggregates combined to propel US debt markets upward. The short-term market has geared its performance to the Federal funds rate, which has declined from over 20 per cent in the first
      574 words
    • 71 13 HUNGARY plans to borrow another USS4M million the Eurodollar market, making a total of $851 million obtained from toe West since December, City of London sources said. At toe end of Inst September Hungary's debt to toe West was million, according to toe latest report of toe Bank
      71 words
    • 170 13 BANCA Commerciale Italiana formally inaugurated its representative office in Beijing on Tuesday. It is the eighth foreign bank to do so since April last year. Banking sources said another six foreign banks were understood to have received verbal approval to open representative offices in the Chinese
      170 words
    • 185 13 MITSUBISHI BANK, a restricted branch here, makes its tenth appearance in the Singapore-based floating rate certificates of deposit market with a US$2O million offering today. The four-year paper, maturing on March 25, 1965, will be jointly managed by Morgan Guaranty Pacific and Mitsubishi International Finance (Hongkong).
      185 words
    • 34 13 Reuter. THE Australia and New Zealand Banking Group Ltd (ANZ) will raise its prime rate for borrowings of more than US$lOO,OOO to 14.25 per cent from 13.50 per cent from Friday. Reuter.
      Reuter.  -  34 words
    • 484 13  -  By ALVIN TAY BANQUE de Paris et des Pays-Bas will officially open its offshore branch in Singapore in mid-April in line with its efforts to develop its interest in the Asia-Pacific region in recent years. Paribas established representative offices in several parts of Asia in
      484 words
    • 1198 13 NEW YORK STOCKS PRESIDENT Reagan's budget message to Congress unsettled a rising stock market and New York prices on Tuesday fell in active trading, though late bargain hunting cushioned the fall. Some analysts said Reagan's final budget figures raised new fears about the outlook for interest rates and
      1,198 words
    • 162 13 THE NATIONAL Buk at Caaada plan to tone to Earape US$69 mlllto* prtadpal UDNit tt ftoattog rate deheatuw, dae IMb. TV Mntani, wUeh will matare to March IMB, will tear latere* at a rate per year ef V* per eeai abeve toe «Oered aad Mi rates tor six
      162 words
    • 95 13 ATLANTIC Richfield has filed with the Securities and Exchange Commission for an offering of US$25O million of 30-year sinking fund debentures. The offering will be managed through a group led by Salomon Brothers and Merrill Lynch White Weld Capital Markets Group. It has been rated as 'AA' plus
      95 words
    • MONEY AND EXCHANGE$
      • 499 13 SPECULATION of a possible cut in the Japanese discount rate sent the US dollar firming against the yen, but the 2 points drop in UK's minimum lending rate on Tuesday did not affect sterling adversely. From an opening of 207.30/40 yen, the US dollar picked up to close
        499 words
      • 110 13 STERLING yesterday fell back against the US dollar in thin late trading after a sharp rise around midday. Trading was very nervous, with operators uncertain about sterling's prospects following Tuesday's two point minimum lending rate cut in the UK budget. The US dollar steadied against other currencies after easing
        110 words
      • 48 13 Opening quotes yesterday US 2.2180/2200 Can 2.6491 540 Cross -1.1985/88 DMk 4.6758/889 D F1 5.1588/746 S FY 4.2607/90 B FY (con) 76.40/58 F FY -11.0301 456 Lit 2270.00/2275.50 Yen 459.90/461.00 D Kr -14.6477/720 N Kr *****6/494 S Kr 10.2213/416 A us seta 33.08/18 Port -125.15/71 Spain -190.13/63
        48 words
      • 42 13 THE Monetary Authority of Singapore has invited banks and discount bouses to tender (or a total of $80 million 91-day Treasury bills to be issued from Mar 16 to 20. Each tender must not be for less than $250,000.
        42 words
      • 22 13 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.4 per cent.
        22 words
      • 266 13 SINGAPORE gold futures yesterday turned easier after a firmer opening but prices still closed higher on balance compared with overnight levels, dealers said. Profit-taking and some European selling in the afternoon caused prices to fall back in light trading, they said. April closed higher at USS4B3/484 an ounce against
        266 words
      • 32 13 New York 1U6B U«B 12.25S 12.20S Zurich 12.15B 11.80B 12.55S 12.106 Wed Tm Singapore 1190B 11.85B 12.30S 12.25S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.
        32 words
      • 143 13 THE dollar for overnight delivery yesterday closed at 207.75 yen, compared with a 207.70 opening here, a 206.00/20 close in New York and 206.00/30 on the West Coast and 206.40 here on Tuesday, dealers said. Trading was moderate, with volume US$l.O4 billion. Japanese manufactuers at one point sold dollars
        143 words
      • 189 13 ASIAN RATES ASIAN currency deposit interbank rates as at close on Mar 11. 7 days 1 month 2 months 3 months 6 months 0 months 12 months 1 month 3 menths 0 months 12 months US Dollar*(Spot) Offer Bid 15M 15Vi 15 14'/i 15 7/16 15 5/16 15V. 15H 15"%
        189 words
      • 5 13 Source: National Discount Co
        5 words
  • Page 13 Advertisements
    • 121 13 Gjga&f restaurant ni Try our sumptuous delicacies from the Hunan Province. An Oriental dining experience. Business Hours: Daily 11.30 am 2.30 pm 6.30 pm 10.30 pm Oocf^fe 214 Dunearn Road. Singapore 1129 Tel: *****49,*****22 ext 126 ZEZZZZZZL r Higher rates of interest for your deposits at Chase Manhattan Bank Fixed
      121 words
    • 57 13 This announcement appears as a matter of record only. J MULTIBANCO COMERMEX S.A. LONDON BRANCH U5525,000,000 FLOATING RATE CERTIFICATES OF DEPOSIT DUE MARCH 1984/86 Managers THE DEVELOPMENT BANK OF SINGAPORE LIMITED AUSTRALIA JAPAN INTERNATIONAL FINANCE LIMITED DRESDNER (SOUTH EAST ASIA) LIMITED OVERSEAS UNION BANK LIMITED STANDARD CHARTERED MERCHANT BANK ASIA
      57 words

  • 1914 14 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (3.608) (1)
    1,914 words
  • 179 14 SINGAPORE UNIT TRUST prtees tor Mar It) The Commerce 3.75 3 94 The Savings Fund 2 09 2 20xd OUB-MONTAGl (Maaagers' prtees tar Mar 12) Union Spore Fund 1.52 157 S pore Prog Fund 1.C2 1.70 INCOME BOND UNIT S pore Sec Fund 2 44 2J( (Carreat p,
    179 words
  • 2761 14 Gr'a Gr'a Net 1980/1981 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 361* 238* Acma 352 2 14.5 2.8 4.1 14.3 1 352 352 300 220 Alcom 300 12.0 2.5 4.0 17.0 184 116 Allied
    2,761 words
  • 2032 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. industrials Alcm (3.006) Mm BeM (2.158) A Char (1708 1.905) AMD (2.08B)
    2,032 words
  • 66 14 KLIA.NG Ratter C* (Malay») BM has announced a pre-tax profit of MJ573.343 ($577,647) for the six months ended Dec 31 on gross sales of rubber amounting to $1.66 million ($1.64 million) and oil palm FFB amounting to $39,747 (nil). The average selling price of rubber was 131.91 cents
    66 words
  • 711 14 YESTERDAY wan a ball's nightmare, the hind «I "dream la reverse" which wnn not nntlclpated after a tevnnrable bndget. mnnslve $228 million convertible lnan stock issue from Development Bank nf Singapore seared the tong pustttsan nnt of the market after a firm morning logTn rnb salt
    711 words
  • 597 14 POOR overseas leads dampened further a cautious Kuala Lumpur stock market and prices closed the day on a softer note. Sentiment was steadier at the start which saw prices gaining ground initially. However, news of a crippling 75.98-point fall in the Hang Seng index to
    597 words

  • COMPANY NEWS
    • 892 15  -  By WONG SOUK YEE SYARDCAT Permodalan Kebangsaan Bhd (SPK) has turned out be the ultimate mystery buyer of a controlling stake in Sentosa Plywood. In a press release on Tuesday, Aseambankers quoted directors of SPK as saying that they have purchased 5.54 million shares or
      892 words
    • 289 15 GUTHRIE Ropel, the I Malaysian plantation subsidiary of Guthrie Corp, suffered a 15 per cent (top in pre-tax profit to M 524.56 million last year following very depressed palm oil prices and sales in the second-half. Group net profit after a slightly higher tax
      289 words
    • 86 15 FOLLOWING the acquisition by the See Hoy Chan group of a 32 per cent stake in Singapore Building Society (SBS) three representatives from See Hoy Chan have been appointed directors of SBS. They are Mr Teo Soo Chuan, Dato Teo Soo Cheng and Mr Teo
      86 words
    • 436 15 MR ROBERT Kuok Hock Nien, 56, was elected chairman of Perlis Plantations at a directors* meeting held on March 4. Assisting him as vice chairman is General Tan Sri Ibrahim bin Ismail. Mr Geh Ik Cheong remains as managing director. Dato Mohd Shamsuddin bin Mohd
      436 words
    • 519 15 THE race to set up unit trusts in Malaysia has started and the MIC Unit Trusts Bhd appears set to be first off the starting block this month. The general manager of the Malaysian Indian Congress (MIC) sponsored management company, Mr A Durai Raj told
      519 words
    • 172 15 GOODWOOD Park Hotel will be arranging for an Extraordinary General Meeting to obtain shareholders' approval on the sale of 8.5 million shares in Hotel Malaysia and 9.5 million shares in Ming Court to Malayan United Industries. In a reply to the SES, which had earlier informed the company
      172 words
    • 474 15 'mm •-< mm** by HOCK LOCK SIEW A HIGH-FLYER that has been noticeably quiet during the current bull run is Pegi Malaysia, much to the disappointment of speculators who have in the past reaped huge profit from this "dollar-a-day" stock. There is no doubt that hopeful investors
      by HOCK LOCK SIEW  -  474 words
    • 586 15 COLD Storage (Malaysia) has informed the Kuala Lumpur Stock Exchange that it has acquired two dormant companies, which may be used for trading purposes. The first, Bunga Trading, has an issued capital of $2. Its original subscribers were Messrs Rajaindran Narayanasamy and Syed Ebrahim bin Mohamed Ismail. The
      586 words
    • 292 15 MWE HOLDINGS has proposed a two-for-one rights issue at par in a bid to ease the group's tight liquidity position caused by heavy borrowings and losses suffered by its subsidiaries. This latest development supersedes an earlier proposal of a one-for-one rights at $1.00 par,
      292 words
  • Page 15 Advertisements
    • 679 15 NOTICES L"* IL' O LT-iLT v7|. OVERSEAS UNION BANK ITD ANNOUNCEMENT The Directors of Overseas Union Bank Limited are pleased to announce the following: AUDITED NET PROFIT AFTER TAXATION FOR THE YEAR ENDED 31 DECEMBER 1980 The Bank 29,556 19,587 9,969 50.9 The Group 32,701 21,792 10,909 50.1 DIVIDEND The
      679 words
    • 144 15 THE BANK OF TOKYO, LTD. Singapore Branch U5520,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT SERIES VII DUE MARCH 1983 In accordance with the provisions of the Certificates, notice fs hereby given that for the Interest Period March 12, 198! to September 14, 1981 the Certificates will carry a
      144 words

  • 379 16 Reuter TIN producing countries will not make any more concessions on buffer stock provisions contained in a compromise package for a new International Tin Aggreement. Malaysian delegate Abdul Fatah, speaking for the producer countries, told a new session of tin agreement negotiations in
    Reuter  -  379 words
  • 209 16 Reuter AUSTRALIA has warned that world trading agreements could break down if no solution is found in a two-year-old dispute over European Economic Community (EEC) subsidies. The council of the General Agreement on Tariffs and Trade (Gatt) revealed in a statement issued in Geneva
    Reuter  -  209 words
  • 457 16 MULTI-PURPOSE Holdings' acquisition of a 51 per cent stake in United Malayan Banking Corporation (UMBC) has been approved by the Malaysian Foreign Investment Committee and the Capital Issues Committee. "However, final approval would have to come from Bank Negara," said Dr Mahathir Mohamad, who confirmed the
    457 words
  • 241 16 AFP SEVERAL West Asian countries have expressed interest in setting up palm oil bulking installations or refining plants in Malaysia on a joint venture basis. Malaysian palm oil refining companies are studying these proposals, which involve the distribution of palm oil products to
    AFP  -  241 words
  • 444 16  -  By CHOO AI LENG AFTER four months of negotiations, Metal Box Berhad (MBB) has reached an agreement with its parent company Metal Box Overseas (MBO) and Kumpulan Fima which will complete the final stage of its Malaysianisation programme. MBB announced yesterday that it will acquire
    444 words
  • 792 16 LONDON, Wed. Government bonds closed around 1 ■2 points higher today at the long end but equities, weak from the start after yesterday's UK Budget, met further selling on news of the sharply reduced dividend from Tube Investments, dealers said. At 3pm the Financial Times index was down
    792 words
  • 74 16 AP NEW YORK, Wed. Stock prices were almost unchanged in early trading today. Trading was moderate. The Dow Jones average of 30 industrial stocks was down 0.58 points to 972.08 in the first half hour, but advances outnumbered declines 6 to 5 among all New York Stock Exchange-traded
    AP  -  74 words
  • Page 16 Advertisements
    • 296 16 Senior Appointment The SGV Group Professional Executive Recruitment Services A well-established group of companies renowned in the region for their proprietary brands of consumer food and beverage products wishes to appoint a highly-experienced senior executive to assume the post of: GENERAL MANAGERINDONESIA Salary Negotiable plus Expatriate Benefits Reporting to the
      296 words
    • 38 16 MICROGRAPHICS SOCIETY OF SINGAPORE Presents MICRO-FORCE 81 A Seminar cum Exhibition on Microfilm and its applications Discover the potentials of the micro-force 11th and 12th March 1981 Ballroom Singapore Hilton Hotel For further details, please call: Tel: *****60
      38 words
    • 246 16 THE SINGAPORE CREDIT CLUB SEMINAR. MATCHING BORROWER'S NEEDS WITH LENDER'S REQUIREMENTS PROGRAMME 9.00 am Registration 9.30 am Opening Address by Mr Lim K.ee Ming, President. Singapore Chinese Chamber of Commerce and Industry. 10.00 am Introduction by the Chairman of the Seminar, Mr Wee Mon-Cheng, Senior Adviser, The Chartered Bank and
      246 words
  • Page 16 Miscellaneous
    • 59 16 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report for 24 hours prior to 7Jf pm on March 11 »t the airport. Maximum temperature 31.9 Associated humidity 61 Minimum temperature 23.8 Associated humidity 96 Hours of sunshine 8.45 Rainfall in millimetres Nil Total rainfall for the
      59 words

  • SHIPPING TIMES
    • 319 17 AFP, UPI THE Asean sub-committee on shipping and ports should be able to effect an integrated coordination between the governments concerned and the private sector, Indonesian Minister of Communications Rusmin Nuryadin said. Addressing a three-day meeting of the sub-commit-of the Asean Committer
      AFP,; UPI  -  319 words
    • 543 17  -  By G DURAIRAJ SEVERAL timber exporters in Johore are still reported to be sending their ungraded sawn timber to Singapore despite the ban on export of the commodity to the Republic. The timber passes through freely as reexports to third countries because of certain
      543 words
    • PORTSIDES
      • 152 17 THE Port of Singapore Authority will implement a new system of payment for loading/unloading cargo at three wharves from April 1 to simplify the billing system and ensure better use of manpower. Shipping lines at Pasir Panjang Wharves, Sembawang Wharves and Telok Ayer Wharves will settle
        152 words
      • 54 17 THE 65,000 ton aircraft carrier, USS Midway, accompanied by three frigates and one guided missile cruiser, arrives in Singapore today for a five-day goodwill port visit. While in port the crews of the five US navy ships will participate in a variety of activities, including sporting
        54 words
      • 74 17 Reuter THE 17-day strike by about 4,000 employees of clearing and forwarding agents at Bombay port were called off following a wage settlement, the Press Trust of India (PTI) news agency reported. The strike disrupted loading and unloading operations, about 300,000 tonnes of export cargo valued 2,000
        Reuter  -  74 words
    • 660 17 Shipping Ltae P»«e CM Skipping Uae Pmge CM Achipelego Adriatic Afea Afro-Eurasia All trans Alpac Angkutan Angonave ANL AntoU APL Argentine ASCL Asia Merchant Bait-Orient Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Benbulk Bintulu Blue Diamond Blue Funnel Blue Star Burmese CAVN-FMG CCNI Ceylon
      660 words
    • 934 18 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 Green Fortune 71-13W 12.3.81 1000 Green Asia TA 3 TT P. Polk 109/3 12.3.81 1000 APL TA 6 TT Bunga
      934 words
    • 1449 18 CHARTERING was quieter throughout all sectors of the freight market on Tuesday especially time-chartering where scattered business included a 21,000 tonner for a voyage from Japan to the Caribbean at US$9,150 daily. A 37,000 tonner for a voyage from the US Gulf to Italy received $11,000 daily. Coal
      1,449 words
    • 460 19 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bougainvilie (1500 after Marie Bakke) 6/7 Cherry Bagus (hauls after Waheng hauls) 25/26 Cherry Singa (0830 tide, after Cherry Bagus hauls) 27/28 Centaur (Passenger) (1600 after Chidambaram) 42/43 Hsing May (Clinker) (0100 tide, after Vishva Pankaj) Iweri (1500 20 East Kota Buana
      460 words
    • 130 19 Reuter ITEL Corp said it will order cargo containers valued at US$lO million from manufacturers in Japan, Taiwan and Korea. The company said the cargo containers will be delivered during the summer, the high demand period for Itel's customers. Itel said the capital
      Reuter  -  130 words
    • 184 19 THE rudder ud stock sf 2M,M9 dwt tanker Jjmn Earmpm weighing a total sf 154 touM were awnutM »■4 lifted iff at Bembawaag Shipyard daring her recent dry decking. This was part of the work required to correct the Bmm misalignment that was discovered m
      184 words
    • 429 19 CONTAINER traffic in the Port of Manila (POM) increased 23 per cent last year, indicating a growing acceptance of containers in cargo handling among domestic and international shippers. In a report, POM said the country's premier port handled 410,114 TEUs last year, accounting for 17
      429 words
    • 139 19 Reuter THE number of ships lying idle is growing as the global recession hits trade and the quantities of oil flowing from the Middle East are being piped rather than freighted. Figures released by the General Council of British Shipping (GCBS) showed that 421
      Reuter  -  139 words
    • 607 19 NYT LATE this month the state of Richmond will begin requiring dozens of foreign coal ships anchored off the Virginia coast to contract for garbage and sewage collection. Tidewater area city officials had reported that garbage from the ships was washing ashore, especially
      NYT  -  607 words
    • 115 19 AFP A LARGE sucking dredger was delivered to the Mexican government in a ceremony at the leading Japanese shipbuilder, Ishikawajima-Harima Heavy Industries* Aichi Works in Nagoya. In the ceremony attended by Mexican ambassador to Japan, Mr Francisco Javier Alejo Lopez, the 1,941-gross ton dredger was christened Veracruz 2.
      AFP  -  115 words
    • 2322 23 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 Singapore. Advance dates are published at a maximum of three weeks. Ship calls at
      2,322 words
    • 568 24 NORTH Coatiaeat-Mosam-Mqae: Six months after its formation to serve trade between North Continent ports and East Africa, Elephant Shipping Lines (ESL) is adding a third ship to its fleet. The latest vessel is of multi-purpose configuration la keeping with the line's philosophy of employing tonnage suited to the
      568 words
    • 519 24 Reuter PRESIDENT Reagan's new military spending proposals have caused another great naval battle, not for control of the high seas but over the size of the US navy's future ships. The argument is between those who want the navy to build ships of
      Reuter  -  519 words
    • 430 24 SHIPS' operators will not only have to cope with poorer fuel in the future, but varying quality from bunker supplies around the world. Many are facing this problem already, according to the new head of Swedishbased Alfa-Laval's marine division, Mr Jan-Erik Norell. He says the
      430 words
  • Page 17 Advertisements
    • 296 17 HEUNG-A SHIPPING KOREA FLA6 VSLS Regular Liner Semi-Container Service To: P.K eUnt/ Keelunt/Busan/ Inchon Fm: Busan/H.Koni/Banfkok Id S'pore: *****11 P.K. *****4, PN *****5 K.L. *****0 iUi I\ RI >IN 1 AN I All <» Orient Overseas Canla*ieA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) Catling Bremer haven alter Hamburg
      296 words
    • 360 17 HSEALORDH m UASC UNITED ARAB SHIPPING CO (SAG) GULF EXPRESS MULTI-PURPOSE SERVICES Loading for BN SHUHAD V 33 Containers Kuwait (27/4). Dwnmam (30/4). Abo Dtiab (3/5). Dubai (6/5). Doha (9/5). Bahrain (12/5) FULLY CONTAINERISED SERVICE Iraq cargo acceptable intransit Loading for Dubai (28/3). Kuwait (30/3) Dammam (2/4). Mma Qaboos (4/4)
      360 words
    • 827 17 O cnan WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents; UMMCIFIC TIARSI TRADING AfiENCT PTE LIE Tel: *****4 (5 lines) SINGAPORE E3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Safcd 15-15/3 21-22/3 28-29/3 4-5/4 11-12/4 2-3/5 Saied 16-16/3 22-23/3
      827 words

  • Page 18 Advertisements
    • 1027 18 MlBCmfi MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Container Senwce To Europe Feeder 'PKelang Vessel Spore 1) MseiMes 2) Warn 3) H'burg 4) Gbur B PtNAGA 13/3 TOYAMA 17/3
      1,027 words
    • 317 18 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA N Tat bM 17/3 SjM 22/3 24/3 3/4 7/4 Sairt SjM 17/3 11/3 24/3 25/3 31/3 1/4 lt/4 11/4 IS/4 14/4 17/4 *20/4 *20 23/3 21/4 U/4 *21, 27/3 2/5 *5/5 7 3/4 S/4 J/5 4/5 *7/! 13/4 17/5 *20/5 *20
      317 words

  • Page 19 Advertisements
    • 733 19 CONTAINERS!* SCR VICE TO UK/COWTRgNT H'burg PKeiang D'mart V Mar g »p, Xasuga Maru 15 Mar Liverpool Bay 19 Mar Largs Bay 26 Mar Kowtoon Bay 3 Apr City of Edntxr(f) Osaka Bay 12 Apr Elbe Maru 24 Apr Beiultow Hongkong Express 27 Apr Hamburg Eipress 4 May t Apr
      733 words
    • 548 19 Franco Belgian Services 1 i'( ifh h< hjxan b'ar Kasttrv. I.iKf o mi contupbht soma ro man SHGAPOBE K BLANC l« Hint R dan Htw, I'm,p CWVALtR PAU 13 Ma 14 Ma lip, 2 hp, sto (Apr «A» mwtSKOKD v v 4> f COnSOBTiIm fuu. cowtmpbht seiwce bm cam •♦>»*
      548 words

  • Page 20 Advertisements
    • 725 20 Hapag-Lloyd TO NORTH EUROPE Kaluga Maru Liverpool Bay larp Bi» Kwrtoon Bay My d EdMwfh TO kCHTEMtMCA EXPORTS Hburg Bhaven 8/4 6/4 16 4 27/4 1/5 11/4 8/4 18 4 2/5 Rdam Antwerp 12/4 9/4 19/4 25/4 30/4 le Havre 14/« 11/4 22/4 5/5 (CARGO TO ATLANTIC AND GULF PORTS
      725 words
    • 797 20 LINE KOREA S ?Z" G P. Keiang PENANG STORE ALT/UR 161W 16-19 March 20-23 March 24-26 March FROM BUSAN BANGKOK ALTAR 162E 16-19 March 20-23 March 24-26 March TO BUSAN VEGA 159W 1418 Aprl 19-21 April 22 24 April FROM BUSAN BANGKOK VEGA 160E 1411 Apr! 19-21 April 22-24 Aprl
      797 words
    • 498 20 EVERGREEN LINE FAR EAST EUROPE EXPRESS FULI CONTAINER SERVICE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON. MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN HOLLAND SHSTFIffiAM r JeddaAHmtaj Rotterdam fetntowe tntwerp It Mwri iM? a/M J/ 5/ '/04 10/04 11/04 12/04 14/04 10/04 10/04 20 04 /#3
      498 words
    • 994 20 Everett Linesl 1 HTMntHTM M PAGAN mow rut Burma Frvt Star Stiwiaf Corp a. "BURMESE NATIONAL LINE" LOADING FOR RANGOON Sparc fJUtMi taint PP3O2 13 Ma> b Part 14 I 14/1J Mar JO/J1 M» 27/29 Mar 24/2* Mar BFSSC Agents n Matoywo BOUSTE AD SUPPING TIL NOS KL *****2/*****9 K\»
      994 words
    • 465 20 T^O.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD \m SANKYO LINE JAPAN/STRAITS SERVICE GEICRAL AGENTS OCEAA SHTPMG I ENTERPRISES PTE LTD SMGAPORE TEL *****44/7 I 22(1370 K lUMPW TEL 414(44 444 7SI CONTAMER BOOKMG OCEAN SHPPMG STORE TEL *****44/7 jalal's com km r kelang m (347. 1973/0 SUB AGENTS P KELANG EAST
      465 words

  • Page 21 Advertisements
    • 734 21 L. PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDOAH AQABA (Reefer Cntrs Acceptable) [LULL!!] 7W/8E 9W/10E T 12-13/4 12-13/4 11-12/6 13-14/7 SEA. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ VESSEL LCL Closing 12/3 1600 HRB, FCL 14/3 2300 HRS EAST AFRICA/REDSEA SERVICE KOTA CANTKIn Pt/12 PJCatang Panang Loading lor
      734 words
    • 207 21 ■y—- BLUE STAR LINE fISjE S,NG t A O PORE MEW ZEALAND AND T/S FIJI "FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH AND PORT CHALMERS FOR AUCKLAND, WELLINGTON, CHRISTCHURCH ft FIJI SHIP SAILS SPOtt NEW PLYMOUTH PT CHALMERS AUSTRALIA STAR 25 MAR 7 APRIL 9 APRIL NEW ZEALAND STAR
      207 words
    • 801 21 BEN LINE CONTAINERS EXPRESS CONTJUNER SERVICE TO/FROM EUROPE TO tUWW S pore P Mar* W Germany Austria Antwerp France M(J Kasufi Mara 15/3 17/3 7/4 J/4 l«/ 4 12/4 Liverpool Bay 19/3 4/4 1/4 9/4 11/4 12 Larp Bar 29/3 It/3 17/4 19/4 29/4 22/4 15 Kowtow fay 1/4 $/4
      801 words
    • 518 21 NO* 1) MTUMM PfJNMI Sto K Accepting Irorn 1) Mjimo Stockholm Oslo Htfcrtu 2) CopenH*en Aarhus 3) Bremen 4) Antwerp Amsterdam UK 5) Barcelona Genoa Basle Bordeaui All EB vessels accepting fCI/FCI intermediate earn lo Honftor* I Japan Relet to NedHoyd I AC Penanj lot teedering arrangements WtfCT CAIL PORT
      518 words
    • 628 21 Jn BOUSTEAD SHIPPING AGENCIES DANK LINE FOR REUNION I SOUTH AFRICA balder zea DAWN SINGAPORE 23/3 eta Reunion 23/4 Durbon 29/4 Capetown 1/5 Pt Eliz (also accepting East London and Maputo cargo) Lines U.S. WEST COAST SERVICE Direct from SFO Lbch BRUT ON LYKES SM LESLE LYKES SM Sid ASHLEY
      628 words

  • Page 22 Advertisements
    • 820 22 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA Carjoei acceptaMe tor Oakland Vancouver Portland. Houston. Galveston. Ne» Orleans. Boston. St M«. PMadtptaa. Nortofc. Baton* e Uim*. tedium* TO EUROPE (xcoptai cupn to katen na Hanfcwf) FROM EUROPE TO FAR EAST Vessel NORD ST Ml 1 NORDBAI
      820 words
    • 564 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE In** tar LOS ANGELES. SAN FRANCISCO. SEA ITU TACQRM. VANCOUVER SC Accfphnf Fa/Fa Cant Mrs P Ww* S*HJpo<f I Ai*f*s "VBMVA MUM" KMv 27 M. H AUSTRALIA EXPRESS CONTAINER SERVICE Acctptaf Fa/FO Cwrtmers PMji* Spore Bf i Mett AM Sjtf Frem ••V KAiMUU
      564 words
    • 779 22 V (iriuip SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 114 LINES TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A B CARSMIP CABLE CARGOSMIP ILLIJI'i Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK STOtE(IM) In ft/12 M« ki Pt 13 Mar
      779 words
    • 632 22 KORINS MARITIME SERVICES "< Room 601 ICB Building. Shenton Way. Singapore Tel *****22 *****67 MIODIf EAST/RED SEA/EUROPE SERVICES l ro ICK Llf\ts A member ot the Samm Gn>uO ol Comtwnes LINER SERVICE f ROM KOREA-TAIWAN HONG KONG TO SINGAPORE Mm Buun Ktohag HJtong Spore HAH ROOK 1 Mar 7 Mar
      632 words
    • 722 22 kJAAAA A Ail AAIVBUJ| M. UUI p IWI INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone **********4057 ll EtNNEVtS MB 103 NOItASM N8104.... IK CULM WOTBOH SERVICE TO EUROPE S pore P. K rian( Penanf Loads* tar In Part Sailed BOULOGNE/RDUM, UK(AVON) 5 Apr 31 Mar -do
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  • Page 23 Advertisements
    • 615 23 TO EUROPE/UK (VIA SUEZ): C. PAU. 26W TN BRD6E 5W K. JACEWON 12W. MERC A TOR 22*... 0. CHtF 24W 113/4 14/4 I Also accepting cargo to/from Scandinavia TW BRIDGE S pore Closing Times: FCL Cargo 1200 17/3 LCI Cargo 2359 16/3 FROM EUROPE (VIA SUEZ): K. JACEJM 8E 0.
      615 words
    • 368 23 MALDIVE LINES ETA KUANTAN ETA PORT KELANG MALDIVE NOBLE 20/3 Loading For Jubai! MALDWE PEACE In Port 14/3 Loading for Bahrein/Kuwait MALDIVE HOVEL 30/3 Loading for Kuwait MALDWE PRIZE 23/3 Loading For ieddah MALDIVE MPORTER 30/3 Loading For Male MALDWE PROGRESS Sailed In Port Loading For Muscat/ Khorffakan/Dubai/Abu Dhabi MALDIVE
      368 words
    • 167 23 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULOMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGATORE Telex Numbers RS ***** RS ***** RS ***** P ROJNE PENANG M/S SHARK AT MM SOON SON. BN>. IST ANO 2ND FLOO« MESSRS HAi THONG SHPfWG 23
      167 words

  • Page 24 Advertisements
    • 419 24 A ANTOLL LINES DIRECT B Is 10 BRISBANE SYD MfLB (GEEIONG), ADELAIDE Independent FCL Container Conventional Liner Service INGAPORE L N SHIPPING PIE LTD 1401-5 Robra house Shenton Nav Smjapore 0106 Tli RS ***** Tel *****11 Bkjs *****4 3 *****23 ST MALAYSIA H.S.H. (M) Sdn Bhd KL Tel *****3 *****7
      419 words
    • 401 24 SOON SENG GROUP Regular Service To Ettt M'sia FONG SIANG Voy 3/81 FONG SOON Voy 3/81 PKlang Sport Loaduig tor 20 Mar KK/Tawau 5 Apr Kuchin|/SiHi ■Vmonai «U*'A ILiMPUB POUT KELAUG A^ent Soon Senj Shipping Sdn Btd 73 Jaiai Mela»u Tel 03 *****4 9?6070 Tete. j066! Cable SOON 89 lalan
      401 words
    • 301 24 ft JOHORE SHIPPING Lq 161 lAIAN TFNGKU BAQAR PORT KIIANG SHANGOR MALAYSIA HAYATI V: 4/81 HAYATI V: 5/81 HAYATI V: 6/81 HAMDAH V: 4/81 HAMDAH V: 5/81 HAMDAH V: 6/81 HAJ SHIPPING SDN. BERHAD > Express Unrtload Servee from P Kelang 1 East Malaysia Brunei P.KELANG Loading for 17/3 KK.
      301 words
    • 51 24 NOTICE MING KIONG AGENCIES (S) PTE LTD Dm 707. 71k Hw, Far East Stapph( Caafrt Orchard Km 4. 0923 T* *****11 OCEAN GOMG TUG RETURNMG TO SBKATORE FROM SABAM KXTS ON OR ABOUT 17th MMCH 1911 ANT BAKES FROM BRUNEI MR OR BWTULU COMMG TO SMGAKRE REQUIRE TOWAGE. MJttE CONTACT
      51 words
  • Page 24 Miscellaneous
    • 152 24 m£Z a 1 W J m M 35 P« ar« IP sa 9 s i^aW^jSe^' 1U KSIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather w >nd direction with speed in knots Rain Wave height Cloudy Sky Sarface winds are Indicated by
      152 words