The Business Times, 20 March 1981
1981-03-20
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The Business Times
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Title Section10 1981-03-20 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, MARCH 1981 60 CENTS10 words
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BRIEFLY...
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Article62 1981-03-20 1 Reuter OSAKA, Thurs. Iran has-been actively buying textile goods from Japan as well as other sources in Asia to cover tight domestic supplies because of the Gulf War. Trade sources in Japan said Japanese traders have so far contracted to export 55 million square metres of cottonReuter - 62 words
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Article64 1981-03-20 1 UPI PITTSBURG, USA, Thurs. Rebellious miners who jumped the gun on a threatened nationwide strike returned to work in five states early today, but nearly 8,000 others stayed off the job in the soft coal fields. United Mine Workers Union officials persuaded hundreds of miners in Ohio, Illinois,UPI - 64 words
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Article49 1981-03-20 1 AP BEIRUT, Thurs. Iran's prosecutor general said Ayatollah Khomeiny is not above the law and challenged his decree silencing Muslim fundamentalist foes of President Bani-Sadr. Ayatollah Musavi Ardabili said Khomeiny's attempt to silence Muslim hardline critics of the president and end their power struggle is impermissible. APAP - 49 words
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Article63 1981-03-20 1 AFP BANGKOK, Thurs. Thai army authorities said communist insurgents had suffered heavy losses in men and material in a major counter-insurgen-cy drive in Northern Thailand. An army spokesman said the operation centred on the Khao Koh mountain, 400 kilometres north of Bangkok, where some 400 insurgents loyalAFP - 63 words
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Article57 1981-03-20 1 AFP WASHINGTON, Thurs. Nuclear submarines to carry Trident missiles could be built abroad, Defence Secretary Caspar Weinberger told the House sub-committee for the defence budget. Mr Weinberger said he is thinking seriously of having the contract for the submarines, which are badly behind schedule, transferred from theAFP - 57 words
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Article79 1981-03-20 1 AFP TOKYO, Thurs. The Japanese goveiriment decided to recommend Mr Masao Fujioka, a director at the Export-Import Bank of Japan as successor to Asian Development Bank (ADB) president Taroichi Yoshida. The decision came after Mr Yoshida made it clear that he has no intention to serve another termAFP - 79 words
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Article76 1981-03-20 1 UPI LONDON, Thurs. Prime Minister Margaret Thatcher's Conservative Party would finish third to the leading breakaway Social Democrats and the Labour Party in a vote now, a Gallup poll reported today. Of those interviewed, 31 per cent said they would vote for a candidate of the breakawayUPI - 76 words
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Chief Price Changes
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Article124 1981-03-20 1 Rises Indices Selangor Drtdf 500 80 Mar 18 Mar 19 F E Levingaton 820 70 B.T.Indicator: *****.*****24.30 Malakoff Eu Yan Sang M Banking 765 342 970 45 43 35 Industrials: 806.72 806.42 Finance: 1549.05 1554.17 H Leong Credit 750 30 Hotels: 1324.54 1325.99 Sin Chew 480 30 Properties: 799.00124 words
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Article, Illustration152 1981-03-20 1 Rises Indices KL Ind 360 +50 B.T.Index: Industrials: Mar 18 Mar 19 Sel Prop Matsushita 2040 fiflO 40 30 *****.45 *****7.64 1006.73 1006.12 Hong Leong Credit 790 B Raya 900 Keck Seng 515 Setron 250 K G Hold 265 30 30 25 22 21 Finance: Hotels: Properties: Tins:152 words
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Article767 1981-03-20 1 CATHERINE ONG - NEWCOMERS' STATUS QUESTIONED By CATHERINE ONG MANAGING and underwriting of share issues is no longer the preserve of merchant bankers. The increasingly lucrative business has attracted other rivals, and merchant bankers are questioning the status of these new entrants in relation to the Securities Industry Act.767 words
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Article230 1981-03-20 1 JUST AS quickly as Kempas (Malaya) requested that trading in its shares be suspended on Wednesday, the company yesterday asked for a lifting of the suspension. Kempas had based its request on "a pending announcement." However, in yesterday's telex message to the Kuala Lumpur Stock Exchange,230 words
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Article445 1981-03-20 1 FOO CHOY PENG - By FOO CHOY PENG MORE and more fringe benefits are coming the way of production workers and technicians as a result of the tight labour market. Factories, particularly those from the electronics industry, are coming up with new promises like cash offers, profit-sharing schemes, education subsidy,445 words
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Article316 1981-03-20 1 THE Economic Development Board (EDB) and the National University of Singapore (NUS) are jointly organising industrial visits for NUS engineering lecturers to familiarise them with industrial research and development (R&D). Three half-day visits to view R 4 D facilities and laboratories of multinational companies and major316 words
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Article274 1981-03-20 1 THE Mistrial and Commercial Bank (ICB) will anneance its ISM aaaaai results today. Shareholders will sst onh be Informed of the pHp*( excellent resalts bat will alas be rewarded with aa attractive scrip Issae aad a cheap rights Issue. The aaaeaacemeat is expected to274 words
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478 1981-03-20 1 WANG LOOK KEAH - By WANG LOOK KEAH TETRA PAK, a Swedish multinational which has committed $65 million to producing packaging materials in Singapore, is likely to spend another $35 million to double its planned capacity. The company has planned to increase its capacity in this region478 words
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Page 1 Advertisements
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Advertisement31 1981-03-20 1 Computer Safe Maximum Protection and Security For Data Medta S4FE /4ND SECURITY CTfl I SYSTEMS PTE. UMITED 45 Podium Block, GokJhill Plaza, Newton Road, Singapore 1130 Cable: EDP SYSTEMS Tel: *****11/331 words
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Advertisement42 1981-03-20 1 BALLY Made in Switzerland "The Best of Bally" Classic styling, superb quality and that extra fine detailing for which Swiss craftsmen are world famous. v i CAMPION E Sole Agent for S.l:. Asia, Hong Kong Taiwan. S.G. PARRETT SON (PTE) LTD. Singapore42 words
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Advertisement74 1981-03-20 1 Leader...page t SHIPPING TIMES TAIWAN cracks down on WARNING of ft global trade makers of imitation products I war 8 FOUNDATIONS of the locftl LOAN guarantee for Molti-Pnr-propcrty boom 7 pose Holdings IS THE Americftn recession: two RESTRICTED stfty for MftUyviews 8 siftM 14 CROSSWORD I, TV AND RADIO I,74 words
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Advertisement14 1981-03-20 1 ([:<}@`<-+)%!^)'(]==${}(,'*+%-$ 1819 Discover what it was like. Now n 0 V N ws& *r Hs*sg|®sMS9l14 words
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REGIONAL
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514 1981-03-20 2 UPI JAPAN says Washington must first decide how to treat Japanese car imports before Tokyo takes any action in the trade dispute, which threatens to strain relations between the two Pacific allies. A foreign ministry spokesman said Japan would wait to see ifUPI - 514 words
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Article240 1981-03-20 2 AP A DELEGATION of the board of directors of the National Council for US-China trade is in Peiping for discussions with Chinese leaders on further expansion of US-China trade. Council president Christopher Phillips said David Tappan, vice chairman of Fluor Corporation and chairman of the board ofAP - 240 words
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210 1981-03-20 2 Reuter VICE-PREMIER Go Ma says China wishes ts eeatln■e with the trsatoed Mastrial projects it has imparted tram Japan if appropriate Funding arrangements eaa be made. Japanese qoarees qaatod Mr Oa as tolling Teehls Daks, president sf the Private Japan -C h1 n aReuter - 210 words
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Article616 1981-03-20 2 AFP THE TAIWANESE government has recently organised a "task force" to crack down on manufacturers of fake products, mostly of European trademarks.' Vice-Economic Affairs Minister Y T Wong was appointed the convenor of the task force, while Mr Y C Shih, deputy director-gener-al ofAFP - 616 words
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265 1981-03-20 2 NYT PRINCE Norodom Sihanouk, Kampuchea's former Head of State, said his talks last week with Khieu Samphan, Premier of the ousted communist regime, had convinced him there is no hope of forging an alliance against the Vietnamese occupation of Kampuchea. Prince Sihanouk, interviewedNYT - 265 words
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THE REGION IN BRIEF
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Article418 1981-03-20 2 Agencies THE MALAYSIAN Industrial Development Authority (Mida) has asked the International Chamber of Commerce (ICC) to help promote Malaysia as an investment centre. Mida's director for research and development, Goh Sim Hong, yesterday said that as a body which groups international businessmen, the ICC is wellplacedAgencies - 418 words
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Page 2 Advertisements
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Advertisement128 1981-03-20 2 A TOYOTA PACE MAKERS Engine-powered forklift trucks with load capacities that'll raise yDur heartbeat See the full range of Toyota engine-powered forklift trucks. Designed to handle unit loads normally requiring much larger trucks. Yet, because of their low overall height, our trucks can go through passages that block out most128 words
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Advertisement191 1981-03-20 2 GURO SHOG SHOP BALLY Of SWITZf Rl AND ;*v A >s ,A \S The SOFTY STORY for men soft look, soft touch, soft feel, flexible soles, in the new DELTA construction. CARIBK available in four beautiful colours all Black, all Brown, Beige, White. EURO SHOE SHOP OPEN ON SUNDAY THE191 words
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TRADE AND INDUSTRY
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Article, Illustration442 1981-03-20 3 HSUNG BEE HWA - By HSUNG BEE HWA FITZPATRICK'S Food Supplies (Far East) is poised for further expansion in the next few years. The compa- ny is as keen to enlarge its I domestic market as it is to expand its foreign business. Ted Grins ted, the general manager,442 words
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Article333 1981-03-20 3 THE Singapore Institute of Management has begun chief executive management forums for senior managers so that they can get together to discuss management issues. The forums, begun in December last year, are expected to be held four times a year as part of SlM's efforts to333 words
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Article138 1981-03-20 3 MARCONI Communication Systems of the UK will provide the Singapore Turf Club with television cameras, video tape recorders and associated equipment worth £500,000. The company is providing the club with three Marconi Mark IX studio colour television cameras one of which is equipped for triax138 words
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Article92 1981-03-20 3 A SEVEN-MEN trade delegation from Bangladesh will arrive in Singapore on March 31 for a four-day visit. The delegation, which will be led by Iftikharul Alum, president of the Bangladesh Federation of Chambers of Commerce and Industry, will represent both traditional as well as non-tradi-tional industries. The products92 words
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Page 3 Advertisements
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Advertisement96 1981-03-20 3 Trade and Industry continues on page 5. "I stayed at The Jakarta Mandarin on my last trip and found the entire Hotel as good, if not better, than any I have stayed at in this part of the world." m i fti im r II I i V 5 ■396 words
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Advertisement266 1981-03-20 3 Lufthansa departs from Singapore at 2205 hours every Monday, Wednesday and Friday. And arrives in Frankfurt at 0700 hours the next morning for a convenient connecting flight reaching Copenhagen at 0945 hours and Stockholm at 1220 hours. Similarly, from Kuala Lumpur at 0320 hours every Monday and Thursday arriving in266 words
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RAW MATERIALS
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557 1981-03-20 4 MALAYSIA, which recently contracted to supply Brazil with 135,000 tonnes of rubber over five years, will sell a total of 23,000 tonnes of the product to two Brazilian trading organisations to fulfill the quota set aside for this year. The sale, which is557 words
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Article108 1981-03-20 4 THE STRAITS tin price In Penang yesterday rose 72 cents to M 531.15 n kilo, still within the InteraftttonAl Tin Agreement's middle range price of $39.11 to $32.74, dealers said. Dealers said Wednesday's GSA sale of 1M tonnes of grade A tin also boosted sentiment as it suggested108 words
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Article34 1981-03-20 4 Rubber: March 19 Singapore: April: 266.75 cents (down 1.75 cents) Malaysia: April: 287.50 cents (down 1.50 cents) Tin: M 531.15 per kilo (up 72 cents) Official offering: 189 tonnes (down 20 tonnes)34 words
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Article53 1981-03-20 4 Reuter INDIA is considering a proposal to set up a government-owned organisation to extend development credit to the Indian tea industry, the Indian Parliament was told. India's Minister of State for Commerce, Khurshid Alam Khan, said that India's tea production totalled 575 million kilos last year against 548Reuter - 53 words
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Article168 1981-03-20 4 THE Singapore market yesterday closed easier with April One RSS buyers quoted at 266.75 cents per kilo, down 1.75 cents from Wednesday's close. The morning market lost 1.50 cents after fluctuating on some short-covering interest alternating with some selling. In Kiala Lwnpor, the market closed easier at 287.50 cents168 words
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Article331 1981-03-20 4 RAS prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 261 00 262 OON Int. 1 RS.S. AM 267 00 267 50 Int. 1 R.S.S. May 271.50 272.00 Int. 2 R.S.S. 245 00 246 OON UK/Cont 244 00 245.00N Int. 3JI.S.S.331 words
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Article125 1981-03-20 4 NOON SSR and SMR f mm y«t afda jr RAS April May (Carrot Mtk) (Forward Mtk) Buyer* Seller* Buyers Seller* SSR 20 <1 too pallet) 240 00 242.00N 242 00 244 00N SSR SO (1-ton pallet) 237 00 239 00N 239 00 241 00N MBBLB April Mm,125 words
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Article145 1981-03-20 4 Reuter CHINA has signed an agreement to buy 100,000 tonnes of rice from Thailand on a government-to-government basis, Oranut Osathanondh, deputy director-general of the Foreign Trade Department, told reporters. The grain, 25 per cent AAA one super grade, will be delivered between July/ DecemberReuter - 145 words
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Article89 1981-03-20 4 THE Malaysian Minister of Finance has fixed these rates for the period from Mar 19 until further notice: Rtbker: 296 V* cents a kilo for RSS One; Capra: M 5692.50 a tonne; Palm kernel: 1955.75 a tonne; While pepper: $3,685.00 a tonne; Black pepper: $2,346.67 a tonne;89 words
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Article175 1981-03-20 4 CHINESE Prsdaee Exchange, Singapore, asss closing prices per 1M kg yesterday. Csesaat all: Bulk fob $117.00 sellers, old drum (in second hand drum) fob 1130.00 sellers, new drum fob 1136.00 sellers. Cspra: Mixed (loose) $66 00 buyers. Pepper: Muntok white pepper fob Asta NLW $417.50 sellers, Sarawak white175 words
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Article193 1981-03-20 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttsa yam: China Blue Phoenix 20s 2,310; 32s 2,810, 40s 3,060 (per bale of 400 lbs). Piece giiis: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article305 1981-03-20 4 SINGAPORE: Yesterday's closing prices in S$ 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, Special305 words
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Article200 1981-03-20 4 SOYBEAN futures in Chicago on Wednesday ended 6'/i to 3'i cents a bushel higher in mostly local trade. Prices finished at or near the top of a ten cent range. Active local short-cover-ing in the technically oversold market carried prices to day's highs. Traders said increased open interest after200 words
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Article214 1981-03-20 4 WHEAT futures in Chicago on Wednesday closed near the top of a six cent range, down 2V« cents a bushel to up IV* cents. Most contracts settled with gains. Active carryover purchasing by the Professional house, estimated at a net 3.0 million bushels, in otherwise extremely thin dealings sparked214 words
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Article146 1981-03-20 4 THE Kuala Lumpur market yesterday closed steady on light covering for nearbys in moderate trading, dealers said. In March, the southern and central regions were traded at Ms99o a tonne, while in April central was traded at $970 and south at $975. In May, south was traded at146 words
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Article731 1981-03-20 4 COFFEE: Robusta futures yesterday ended the opening call £9 to £13 a tonne higher in line with expectations after a limit up close in New York, dealers said. Arabica futures were £4 to £1 up after a tradeless session. BUGAB: Raw futures opened steady at premium levels to731 words
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Page 4 Advertisements
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Advertisement230 1981-03-20 4 These Ford vans and trucks are built stronger to last longer. imported direct from Japan. Now there are vehicles that can make more money for you. Ford trucks and vans have a longestablished and enviable reputation for rugged reliability. They are built for power and durability. Tough enough to take230 words
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Advertisement90 1981-03-20 4 Queen's Terrace, St. John's Wood, London NWB FIRST TIME ON THE MARKET A limited selection of flats and penthouses currently under construction FOR SALE FROM PLAN, 10% DEPOSIT ONLY Balance on completion. Spring 1983 An imposing new development designed to provide an extensive variety of 1 bedroom 5 bedroom magnificent90 words
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TRADE AND INDUSTRY
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278 1981-03-20 5 ABOUT 200 engineers from Asean countries will meet in Singapore next month to discuss problems of energy management and cooperation in Asean. The Singapore Institution of Engineers will play host to the Third Convention of Engineering Institutions of South-east Asian Nations278 words
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468 1981-03-20 5 FONG MEW LENG - By FONG MEW LENG THE attitudes and quality of fresh engineering graduates and post-graduate training of local practising engineers came under keen debate yesterday. The frank exchange of views among representitives of the private and public sectors and tertiary institutions took place during the468 words
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Article, Illustration95 1981-03-20 5 FTTZPATRICK'S Food Supplies (FE) has appointed Arthur Kik ship supplies manager. Mr Koh's new responsibilities will include supervision of the company's ship-chan-dling activities and well as new business development. Before joining Fitzpatrick's, Mr Koh was with Ben and Co for seven years where he was most recently95 words
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Article342 1981-03-20 5 THE National University of Singapore will be conducting a five-week refresher course on microprocessor technology for practising engineers in May. The course is a first step towards upgrading NUS's post-graduate engineering programme which is currently being studied by an advisory committee headed by Professor S K Choo, head342 words
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288 1981-03-20 5 SINGAPORE Bus Service plans to build an integrated management information system in the next few years as more of its operations are computerised. Several new computerised systems are being planned. These include an on-line inventory control system, a personnel information system, a scheduling288 words
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Article140 1981-03-20 5 A JAPANESE company which started production of alloy chains last August is investing another $3 million in machinery. This will bring its investment in Singapore to $10 million. The company, Showa Chain, will use the additional machinery to expand production of anchor chains. Showa has140 words
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Page 5 Advertisements
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Advertisement187 1981-03-20 5 GOOl) NEWS FOR IMPORTERS i -rrtryj '^^14 >X, 4- y t B t Pandair Freight announce j their new comprehensive range of air freight 1 I services from the UK to Singapore. A three tier service that will meet your deadline and your j budget! Cargospeed Top class consolidation service187 words
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Advertisement236 1981-03-20 5 r o* iilli m 3) y IN Have a V\fonderful Copenhagen on your European holiday Wonderful Copenhagen is not only the gateway of Europe and Scandinavia it's also the gateway to a fun vacation. The Danes are Europe's friendliest people. Join them in their pubs and latenight restaurants. Shop with236 words
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Article337 1981-03-20 6 IT IS INEVITABLE that employers have to scramble to get workers in a tight labour market. This should not, however, mean that they must resort to gimmicks to attract the needed manpower. Tee-shirts, food allowances and $30 bonuses are nothing but gimmicks, akin to the "special337 words
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Article305 1981-03-20 6 TAXI FARES were increased last month, bus fares will be raised on April Fools' Day and it is more than certain that electricity bills will see an increase quite soon. No increase in fuel costs can be absorbed by the Public Utilities Board. It would305 words
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Article, Illustration1075 1981-03-20 6 The Soviet Union, with the world's biggest energy resources, is gradually turning to energy conservation. Increasing energy output has always been the Soviet's top priority. But that policy is no longer applicable, not with astronomical costs and difficulties of exploiting those resources. In fact it hasReuter - 1,075 words
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Article1083 1981-03-20 6 DOUGLAS MARTIN - By DOUGLAS MARTIN NYT FOR THE United States' big oil companies, it has been quite a shopping spree. In little more than a week, the Standard Oil Co of Califonia has offered to buy Amax Inc for US$4 billion, the Standard Oil Co (Ohio) has agreed toNYT - 1,083 words
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Article176 1981-03-20 6 IT WAS the outbreak of the Iran-Iraq war that led Intraco to withdraw its planned participation in the Baghdad Trade Fair last October. But as the Intraco officials flew home, they left instructions that their exhibition stall should continue to be built as specified, presumably in176 words
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Page 6 Miscellaneous
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Miscellaneous634 1981-03-20 6 TWO-IH-OME CROSSWORD CRYPTIC PUZZLE ACROSS 4 Going the current way (6) 7 Politicians who make bears ill (8) '8 Like the best form? (6) 10 Remove stains from a lance (5) 13 Prod a dog, possibly (4) M Monarch known for his size? (4) 15 Mad fliers (4) 16 Rush634 words
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Miscellaneous763 1981-03-20 6 BRIEF ENCOUNTER 1 TONIGHT'S nMvte on Chaanel 5 at 11.4# Is Brief En counter, i remake of Noel Coward's play "Still Lite." IV IIM vendn was widely acclaimed aid apparently better feat yea had missed it, tfeea settle for tonight's version whleh stars Richard. Barton and Sophia Loren. The two763 words
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Article, Illustration1087 1981-03-20 7 VINCENT LEE - By VINCENT LEE 'THE CAUSE of the cur- rent property boom can be traced back to the period of depression in the property market between 1974 and 1977. While the loss of confi- dence in property as an investment during this period slowed the pace of demand for1,087 words
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Article715 1981-03-20 7 LEE YOKE MENG - FORUM with LEE YOKE MENG THE URGE to travel strikes every so often, it's no wonder the tourist statistics keep going up both in terms of foreigners and Singaporeans. But it's an urge that is often squashed by the size of the bank account. That brilliant715 words
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Page 7 Advertisements
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Advertisement220 1981-03-20 7 DALE CARNEGIE COURSES AVAILABLE TO BUSINESS t INDUSTRY COURSE ONE DALE CARNEGIE h •under COURSE TWO SALESMEN and Vault)* SALESWOMEN: COURAGE GET MORE CONFIDENCE RESULTS LEADERSHIP This action-packed 10 ways the Dale Dale Carnegie Sales Carnegie Course helps Course helps you: men and women: D«veioc sates confidence Acquire potse and220 words
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Advertisement170 1981-03-20 7 Ftom its proven 6-cyttnderl99Bcc engine to its power windows to its power titt I S\ J to its spacious boot X. av. rr*. *r s m DATSUfst to its luxurious seats to its Datsun air-conditioner ISO tlfit till! M£mbm| |Ti 111 I A PROFESSIONAL Datsun air-conditioner standard feature. Automatic transmission170 words
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OVERSEAS
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558 1981-03-20 8 Reuter A SENIOR Reagan Administration official caused a stir on Wednesday night by declaring that detente is dead and that economic problems might eventually force the Soviet Union to go to war. The White House and the State Department swiftly tried to bluntReuter - 558 words
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167 1981-03-20 8 Reuter ANTITRUST suits might arise if Japan does not back an accord on Japanese car imports to the United States with legal powers, US Attorney-General William French Smith said in an opinion written by him and released by Trade Representative Bill Brock. AnyReuter - 167 words
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WORLD IN BRIEF
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Article483 1981-03-20 8 Agencies THE US Senate has approved spending cuts of more than $35 billion, exceeding President Reagan's target by $2.4 billion but restoring some funds for social programmes. The Senate Budget Committee rejected on a 10-9 party line vote a Democratic proposal to restore almost $1Agencies - 483 words
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473 1981-03-20 8 Reuter NYT WALL STREET economists disagree with gloomy government predictions about the economy and believe the likelihood of a recession in the US this year is receding. Most economists said the economy will have a strong first quarter this year followed by atReuter; NYT - 473 words
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607 1981-03-20 8 Reuter OPEC may agree to introduce a formula to index oil price increases to inflation and the West's economic growth at its next meeting on May 25 in Geneva or soon after. Kuwaiti Oil Minister Ali Khalifa al-Sabah said thisReuter - 607 words
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295 1981-03-20 8 AP A RESOLUTION prepared on Wednesday for Congress would have the US ExportImport Bank give top priority to countering export subsidies granted by France and other governments that have resisted an agreement to limit the use of them. One witness atAP - 295 words
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Article, Illustration651 1981-03-20 8 Reuter AP WEST German Economic Affairs Minister Otto Lambsdorff has said that the United States would trigger an international trade war if it set quotas on imports of Japanese cars. He told a press conference in Washington on Wednesday that any agreement between theReuter; AP; Source: AP photo - 651 words
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361 1981-03-20 8 UPI POLISH officials who welcomed West German Foreign Minister Hans-dietrich Genscher to Warsaw played down the significance of the Warsaw Pact manoeuvres now under way in Poland, East Germany, the Soviet Union and Czechoslovakia. The manoeuvres, widest since the 1968 invasion of Czechoslovakia,UPI - 361 words
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Article819 1981-03-20 8 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JEK/SFO /HKG MAS MH601 0630 KUL SLA SQ580 710 MAA SIA SQ528 0710 DHA TMA TL341 0800 BEY/DXB SIA SQ101 0815 KUL MAS MH605 0830 KUL MAS MH621 0835 PEN RBA BI427 0930 BWN MAS MH671 0930819 words
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Page 8 Advertisements
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Advertisement136 1981-03-20 8 Is I ft 5y You too can own one at a package offer of *****5/— only Included in this package offer are: a computer with built-in green phosphorous TV screen a highly reliable cassette recorder unit self teaching 9 lessons BASIC programming course an extensive software library ranging from education136 words
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ASIAN STOCKS
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Article177 1981-03-20 9 TOKYO PRICES yesterday continued to rise in active trading with buying interest stimulated by newspaper reports that Saudi Arabia might actively buy Japanese stocks, dealers said. The market average gained 20.13 to 7,196.80 with volume 520 million shares while the Tokyo Stock Exchange index added177 words
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Article324 1981-03-20 9 THE market yesterday opened soft after the announcements of the poor subscriptions for Sino Land and Paliburg. Early sellers soon dried up and the market resumed its advance. Morning trading was dull as the market finished with a small gain. The afternoon session opened strong and continued up during324 words
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Article277 1981-03-20 9 PRICES yesterday rose across the board in heavy trading on firm gold prices, substantial overseas buying and oil and gas exploration news, dealers said. The All-Ordinaries index rose 7.5 points to 694.5, the all industrials 5.4 to a year high of 710.2 and the oil and gas index 23.8277 words
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Article189 1981-03-20 9 MAR It Bahto Ada Credit Asia Fibre Ayuthaya In* And Trun M -4L5 Bangkok Investment Bangkok Bank Bangkok Drying And SUo Bangkok Insurance Bangkok Metropolitan Ban *78 4 Bangkok Nylon Bank Of Asia 113 Bank Of Ayudhaya Ltd 151 J unch Bala Berll Jucker Carpet InterNational Charoong Thai Wlr»189 words
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Article86 1981-03-20 9 MM i« pesos £3? M unch AUu Onn A AUai Ooo. B SJ g^u* 0 0®W J»« unch Bencuet Coo. B M +J 5LP oodrk:h 1010 -0.1 CDCP i +BJ Inco B Landoil IfPjnto B. i3so unch Marlnduque B 10 unrh Meralco Oriental A Oriental B WKh Phil Ottriw86 words
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Article52 1981-03-20 9 FINANCIAL TIMES INDUSTRIALS Wednesday 4911 Tuesday 487.6 Week Ago 470.0 DOW JONES AVERAGE INDUSTRIALS Wednesday 994.06 Tuesday 992.53 Week Ago 967.67 H.K.HANG SENG Thursday 1439 76 Wednesday 1390.85 Week Ago 1347.48 AUSTRALIAN INDUSTRIALS Thursday 710.2 Wednesday 704.8 Week Ago 094 8 ALL ORDINARIES Thursday 894.5 Wednesday 886.9 Week52 words
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Article948 1981-03-20 9 THE NEW YORK stock market on Wednesday rose in active trading as banks continued to cut their prime rates and broker loan rates. Analysts said despite the slide in interest rates, the sharp setback on Tuesday after pushing through 1,000 on the Dow Jones industrial average on948 words
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MONEY AND EXCHANGES
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Article508 1981-03-20 9 THE US DOLLAR recovered against major currencies in moderate late trading to close slightly firmer compared with overnight New York levels. The US dollar had weakened earlier following news of further cuts in US banks' broker loan and prime rates. The fall in the US Fed Funds rate508 words
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Article206 1981-03-20 9 SINGAPORE gold futures yesterday closed generally firmer compared with overnight levels in light trading, dealers said. Prices were marked up between US$2 to $6 an ounce at the opening on some buying interest encouraged by further declines in US interest rates and the related easing of the US dollar.206 words
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Article35 1981-03-20 9 We4 TM New York 13.05B -B 13.35S -S Zurich 12.606 -B 13.0QS —S Than We* Singapore 13.00B -B 13 40S -S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore35 words
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Article208 1981-03-20 9 THE US dollar yesterday remained weak against major currencies except the yen, which was also easier, in active late foreign exchange trading here, dealers said. Sentiment continued bearish for the dollar after the latest round of US prime and broker loan rate cuts, although it was supported by short-covering208 words
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Article22 1981-03-20 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.0 per cent.22 words
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Article194 1981-03-20 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Mar 19. US DolUri(Spot) Offer Bid 7 days 13 7/16 135/16 1 month 13 15/16 13 13/16 2 months 1315/*****3/16 3 months 1315/*****3/16 6 months 13 15/16 13 1316 9 months 13 15/16 13 13/16 ]2 months 14 13194 words
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Article47 1981-03-20 9 RANGE of prices offered by discount houses on Mar 19: Overnight: 7' Call deposits: to 7'i% Clotiaf Buying Selling 3-month Treasury bills 6 S 4 64 3-month Bank bills 12 3/16 121/16 3 months CD 11<4 11 6 months CD 111/16 1015/16 Source: National Discount Co47 words
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Article37 1981-03-20 9 FRANKFURT exchanges opening quotes on Mar 19: US 2.0385/0406 Stg 4.665/675 Can -1.7313/37 D F1 90.28/42 S Fr 110.09/36 Lit 2.044/48 F Ft 42.33/41 NKr 38.67/73 B Fr (con) 6.100/10 B Fr (fin) 5.949/959 Yen 0.9631/4737 words
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Article143 1981-03-20 9 THE US dollar for overnight delivery yesterday closed firmer at 207.90 yen, compared with a 207.00 opening, 207.10/30 closing in New York overnight and a 206.95 closing here on Wednesday, dealers said. Trading was moderate with volume US$BlB million. After initial easiness, the US currency rose in moderate trading143 words
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Article56 1981-03-20 9 Opening quotes yesterday: US 2.2868'78 Can 2.7025 59 Cross 1.1819 22 D Mk 4.6775 850 D F1 5.1825 1900 S FY 4.2450 600 B Ft (con) 76.67/76.79 F Fr 11.0425 600 Ut 2283/75 2292.00 Yen 474.80 475.80 D Kr 14.7075 250 NKr- 12.0775 900 S Kr 10.2825 3000 Aus56 words
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Page 9 Advertisements
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Advertisement17 1981-03-20 9 Wj Wi 7L WJZ j i;, it S-~ ••> I® I t B >> '"ll *r 25 I I17 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article270 1981-03-20 10 MAR It Frs CORBEILLE Alr-Llqulde B S N Otmll Danone C 8 F (Thomson Caf) 486 MBS 305.10 -5 -11.9 Clc Francalae del Petroles Compagnle Financiers Compacnle Qenerale Credit Fonder De France 227 388 38B-SO •6 -1 -05 Hachette (Ubralrle) Machine! Bull Michel In (B) Partbai Pechlney Clglne Kuhlmann270 words
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Article179 1981-03-20 10 MAR 18 Fla ARM 292.00 1J Ahold 75 JO -0 3 Akzo >0.10 unch AMEV 92.40 0.4 Amfas 100.00 unch Amrobnk 56.90 U Berfoss R»rk 22.00 47.10 -0J 4-0.7 Bols 0.1 Rnrtijmlj 21ft. 00 unch 56.00 -8J Byenkorf 38.80 1J Caland 28 70 -0J Calve Delft 190.00 05 Dell179 words
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Article96 1981-03-20 10 MAR IS Frs >/- FORWARD MARKET Acec 307 >13 Arbed 1280 >48 Astur 387 -7 Bructn 966 -18 Bru-L&mb 1020 >32 Ctnptc 1342 -6 Cock 180 -8 De Beers 306 >8 Ebes 1875 unch Electro be 1 3196 -25 Ob-In no-Bm 2000 unch Oct 1320 >10 Hobok 2290 -8696 words
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Article210 1981-03-20 10 MAR 1> Dm Aef-Telefunken 8100 -fl_5 Akao 1830 -«.1 Alii Leben Alls Vers BAST Bay H T Wfcank Bay Vbank 400 00 13X90 191 HO an oo 1J 0J ♦4 Rmy»r BBC RMW Cassella Chein Verw Commerebank Contl Oummi ***** 349.00 ISA00 309 00 237 50 133.30 8130 44210 words
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Article185 1981-03-20 10 MAR 18 Francs Actions Sulaaes Aiii.ni*>. Br Alusulssr Rcf L Brown Borcrt Br. Dbt Or to Br CI be OeltJ P C Clba Oelfy Ret Credit Suisse Br Credit Suisse Ref Elektrowatt Br. Oeorte Fischer Br Olobus Pc Hero Br. Hoffman La Roche 1/1#.— Holderbank Br Interfood Br JeUnoll185 words
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Article99 1981-03-20 10 MAR 18 Lire Arte 11*0 1178 Aaaoc On *****0 702 aaoo 1900 Cmlnl# 21 -1910 Plat 2385 86 Flnslder 92 75 5.75 Oen Immob 2350 40 m Prl 7670 480 Itaiccmcntl ***** 1700 Haifa* 1151 81 Ilalslder 300 unch Mifnpu M Pf (81 21 Marelll Ere m -13 Med99 words
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Article192 1981-03-20 10 MAR It C* 38 -1 45 s unch Bank Mont Bank Nora Scotia Bell Tel S1W SOW 1SH BP Can Ltd 40*. »w -H 82 S SOS «6W It* 8H W 88* CM Imp Bk F35 Com Bath Cons Mart*nor Dankoe Denlson Dom Stores 27 S \k 1* -W192 words
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Article296 1981-03-20 10 MAR 11 Rand INDUSTRIALS A Alpha 300B Abercom 355 AE And CI 82SB amic 2100 ISO Barlows 1030 10 Cf Sugar CNA I860 510 unch unch Currte Finance 230 5 De Beers Ind Ed con 510 unch RdfATl 7700 Eve ready Fed Volk HZ 470 5 rufit 235 QfcrdUm296 words
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Page 10 Advertisements
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Advertisement156 1981-03-20 10 Where to wine,dine and entertain T /t I 1 he American Express Card. Don't leave home without it. Getaway to Sentosa A.J 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 holidays156 words
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Advertisement154 1981-03-20 10 Uv>Li JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daily: 12 noon 3 p.m. 6 30p m. —10 30p.m. For reservations call *****77 4 > iiliii"\ 1 'iirk Slicriiion •Hi i t| mm*« SHERA t ON HOTELS and inns WO«LDVj Df Smgapo'f 1025 Tei *****/7 OPERATED154 words
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Advertisement235 1981-03-20 10 See Page 9 for Asian stocks and NYSE prices m i ®T •ffirl bW Their easy style vocal harmony and wide repertoire ot nostalgic oldies and popular hits will soothe you into a very related mood At the Imperial Bar 800 pm to 1 00 am nightly except Sundays Unwind235 words
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Advertisement135 1981-03-20 10 Inn Of Happiness Dine Dine Cantonese style. Szechiian 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. 2156 Be in vogue .".The Lil raiy Very exclusive.135 words
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Advertisement191 1981-03-20 10 Itfc as good as going to Bangkok. 7? r,t This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant191 words
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BANKING AND FINANCE
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422 1981-03-20 11 BANK OF America will introduce a 24-hour clearing service which will expediate international payments for its correspondent banks and multinational companies. This service will be implemented on a trial basis in Asia during the second quarter. When in full swing, banks in Asia, the Middle422 words
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Article37 1981-03-20 11 THREE US banks have lowered their broker loan rate Citibank to 15'« per cent, Irving Trust Co to 15'/i per cent and Continental Illinois National Bank and Trust Co to 15 3 4 per cent.37 words
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Article112 1981-03-20 11 THE BANK of Japan will relax its controls over commercial banks' net additional le.ndings, replacing present "window guidance" with an "independent planning formula" from the April-June quarter, bank officials said. Under the window guidance system, the central bank sets a limit to each bank's quarterly112 words
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Article67 1981-03-20 11 MITSUBISHI Bank, the fourth largest bank in Japan, has announced a cut of 0.75 per cent in its shortterm prime lending rate to 6.75 per cent per annum from Monday. The move followed a full percentage point reduction in the official discount rate by the Bank of Japan67 words
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Article360 1981-03-20 11 ALVIN TAY - By ALVIN TAY GOVERNMENT aad natatory (wards are iupwltlt mare —W with banks here as evMeaeed by the large —lami laerease sf 144 per eeat far nek depaslts la Jaaaary. This greap has $3.1 bilUea werth sf tepwiti with baaks, aecardlag to the latest llgvn (rem the Msaetary360 words
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Article157 1981-03-20 11 A US$l5 million 10-year credit agreement was signed recently between the Republic erf Nauru Finance Corporation, Citibank and US Eximbank. The funds will be used to buy a new Boeing 737 aircraft which will be leased to Polynesian Airlines, the airline of Western Samoa. The Citicorp International group157 words
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372 1981-03-20 11 Reuter WEST GERMAN banks face continued difficulty in arranging a 10 billion mark credit to finance part of the construction cost for a pipeline to bring gas from Siberia to West Europe. Banking sources said the recent rise in West German interest rates hasReuter - 372 words
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Page 11 Advertisements
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Advertisement369 1981-03-20 11 Enjoy the best beef in town Business Lunch at the Shima Restaurant Goodwood Park Hotel Japanese cuisine Teppanyaki, Sukiyaki, Yakiniku and Shabu-Shabu At the Shima where else. Goodwood Par* Hotel 22 Scotts Road Singapore 0922 Tel: *****81/2 M French Enchantment... direct from France Orchard Hotel's LE GOURMET is now open369 words
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Advertisement828 1981-03-20 11 ll# Bank of* New South Wales STATEMENT OF ACCOUNTS FOR YEAR ENDED 30 SEPTEMBER 1980 Authorised Capital 234.000.000 Ordinary Shares oft I each Share Capital and Reserves Issued and Paid Up Capital 233.774.155 Ordinary Shares of SI each fully paid (1979-198.785.967) Application moneys received pending allotment of shares Reserves Unappropriated828 words
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1910 1981-03-20 12 bid and offer prices officially listed and business in and reported to the Stock Exchange °f 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 Allied Ch«c1,910 words
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Article175 1981-03-20 12 SINGAPORE UNIT TRUST INCOME BOND I NIT (Maaagers' prim far Ma, r») (Carreat pi ices) The Commerce 3.72 3.91 The Savings Fund 2.08 2.18xd Income Bond 148 1.55 S pore Prog Fund S pore Sec. Fund 160 LC8 2.43 2.55 MARA BUM1PITKA S pore Invest Fund S pore175 words
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Article2800 1981-03-20 12 Gr's Gr's Net 1980/1981 Last Div Div Yld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 361* 238* Acma 352 14.5 2.8 4.1 14.3 300 220 Alcom 300 12.0 2.5 4.0 17.0 184 116 Allied Choc 165 unch 4.0N2,800 words
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Article2092 1981-03-20 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday *ith the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUSTRIALS \lr*m (2.925) Met HsM (3) 1 70 A Cbac (1.70B) AMD2,092 words
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Article36 1981-03-20 12 THE Malaysian Foreign Investment Committee has approved Ym Hiap Seng's purchase of 500,003 shares representing the whole of the issued and paid-up capital of Wahtai Realty for a total cash consideration of MSI.65 million.36 words
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Article, Illustration709 1981-03-20 12 Y ESTERDAY'S market vu in two minds fer the better part of the day, resulting in mixed dose. A firm morning opening gave way to profit-taking. Thereafter, throughout the day prices moved somewhat erratically at the Singapore stock market as profit-tak-ing alternated with fresh buying.709 words
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Article617 1981-03-20 12 A STEADIER trend remained on the Kuala Lumpur stock exchange yesterday with share prices closing selectively higher on some buying support. Opening deals were struck at above overnight levels and the market thereafter continued to move ahead. However, some resistance was noted at the higher617 words
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COMPANY NEWS
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279 1981-03-20 13 PROSPECTS at UK-incorpo-rated Pengkalen remain clouded following the recent accidential sinking of its dredge. In his latest annual review, chairman J D Hellings notes that it is not possible to make any comment on prospects until accurate information is available and said279 words
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Article375 1981-03-20 13 AN AMERICAN academic has suggested using the Monetary Authority of Singapore as a measure to reduce the volitality of stock prices in Singapore. Professor Chanoch Shreiber said authorising MAS to buy and sell stock to influence prices will also "enable the government to counter375 words
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355 1981-03-20 13 THERE is a need for additional disciplinary measures to make the Malaysian stock market more competitive and equitable, especially when the market's own disciplinary function is either weak or simply nonexistent. Firms may have a traditional aversion to regulations which restrict free enterprise,355 words
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Article43 1981-03-20 13 KUALA Lumpur-Kepong has clarified that the revaluation of the Ladang Kepong estates by a firm of professional valuers on Nov 22, 1979 had placed the value as 14,693 per titled acre. A transmission error had given the value as $34,693.43 words
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LATEST RESULTS
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Article45 1981-03-20 13 has announced an unaudited group pr>tax profit M 55.06 million ($479,849 previously) for the six months ended Dec 31, on revenue income of $22.44 million ($873,968). There were no extraordiaries (profit $2.23 million). The company's pre-tax profit amounted to $277,334 ($67,641).45 words
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74 1981-03-20 13 has an- nounced a group 1980 net profit of $4.87 million ($5.16 million for the previous 15 months ended Dec 31) on a turnover of $101.76 million ($110.44 million for 15 months). The 1979 results covered 15 months operations because of a change in the74 words
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350 1981-03-20 13 BRITISH American Tobacco and Straits Steamship have embarked on their second joint property development project. The two companies, which recently completed a five* storey office building costing $7.2 million at Keppel Road, have received planning approval for another office block costing an estimated $65350 words
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Article586 1981-03-20 13 MULTI-PURPOSE Holdings Bhd has obtained a guarantee for a loan of HKJ46S million from a syndicate of five banks led by Chartered Merchant Bankers Malaysia Bhd. The loan, to be raised in Hongkong, will be used mainly for the purchase of 24.7 million shares in Bandar586 words
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Page 13 Advertisements
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Advertisement331 1981-03-20 13 BIG GUNS BIG SHOCKS BIG PBOFITS How churning markets keep yielding fresh growth opportunities Investors who spent the last two months listening to the anguished wails of inflation forecasters missed some glorious opportunities to pick up U.S. equities at bargain prices. Some of the best values were among stocks that331 words
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Advertisement1328 1981-03-20 13 Financial Statements bank for the ANZ Banking Group Limited and its subsidiaries for the year ended September 30,1980. Balance Sheet as at 30th September, 1980 ASSETS Coin, notes and cash at bankers Loans to authorised dealers in Australian short term money market Money at short call overseas Investments other than1,328 words
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232 1981-03-20 14 MALAYSIANS on social visit passes will not be allowed to stay in Singapore for more than 60 days in any three-month period. The Minister for Home Affairs, Mr Chua Sian Chin, told Parliament yesterday that this will help stop the existing practice of232 words
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321 1981-03-20 14 AFP THE MALAYSIAN government will be urged to set up a commercial bank that will provide all the services required by bumiputra entrepreneurs. This is one of the 15 recommendations contained in an Umno Youth working paper which is to beAFP - 321 words
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338 1981-03-20 14 AFP A VIOLENT row has broken out over backing given to President Valery Giscard d'Estaing of France for next month's presidential elections by the Soviet communist party daily, Pravda. Pravda has done so even though Georges Marchais, leader of the powerful French Communist Party,AFP - 338 words
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498 1981-03-20 14 UPI A US nuclear engineer has urged the Philippine government to scuttle its first nuclear power plant now being built by Westinghouse near an American navy base because it lacks important safety features. Robert Pollard, a member of the Washingtonbased Union of ConcernedUPI - 498 words
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230 1981-03-20 14 Reuter IRANIAN revolutionary guards said yesterday that they have knocked out 30 tanks and killed 100 Iraqis in a major raid on Iraqi lines west of the devastated town of Susangerd on the Persian Gulf war front. The guards, their explanations punctuated by theReuter - 230 words
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327 1981-03-20 14 BUS fares, Including these fsr "ring" services sad Jureug industrial feeder serv ices, will be raised by If cents frsm April 1. They will be raised again later la the year la the light sf the financial review aad327 words
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137 1981-03-20 14 UPI FOUR airlines, including Singapore Airlines (SIA), are planning joint action in the US$l7 million suit brought against them by the Japanese government earlier this month. The suit concerns special landing fees for use of Japanese airports. The Japanese Ministry of Transport hasUPI - 137 words
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105 1981-03-20 14 Reuter A GROUP of French footwear traders and trade officials will be in Taipeh next month to discuss the possibility of imposing quota restrictions on Taiwan's footwear exports. Taiwanese footwear exports to France were worth US$B.l million in 1977, down to $8 million in 1978,Reuter - 105 words
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Article881 1981-03-20 14 LONDON, Thurs. Equities and government bonds were firm today but gold shares drifted during the afternoon, dealers said. At 3pm, the Financial Times index was up 6.4 points at 497.5. Gold bullion eased to an afternoon fix of US$5lO a troy ounce and prompted profit-taking in gold shares.881 words
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Page 14 Advertisements
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Advertisement410 1981-03-20 14 Wfe have a history of making money grow Jmj, Lombard North Central is part of jKjKm one of the world's largest banking groups arxJ we have a history whicHWl? 5 S j s covers more than 100 years. fi a fl Weofferarangeofdeposit -EWjI fJI I lie schemes which will j410 words
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Advertisement472 1981-03-20 14 SINGAPORE INSTITUTE OF MANAGEMENT IN CONJUNCTION WITH SGV-GOH TAN PTE. LTD. presents "SHAPING BUSINESS STRATEGY IN AN INTERNATIONAL ENVIRONMENT" A two-week senior management residential programme conducted by distinguished professors from the HARVARD BUSINESS SCHOOL Date: July 20 -31, 1981 Venue: Apollo Sentosa, Sentosa Island, Singapore Fee: 555,850 (Non-SIM Members) or472 words
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Page 14 Miscellaneous
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Miscellaneous69 1981-03-20 14 WEATiHER Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places in the late morning otherwise fair. Report for 24 hoars prior to 7J pm on March 19 at the airport. Maximum temperature 32.1 Associated humidity 61 Minimum temperature 24.4 Associated humidity 95 Hours of69 words
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SHIPPING TIMES
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320 1981-03-20 15 AFP SHIPBUILDING is once again a commercial battleground between Europe and Japan and two days of talks at the Organisation for Economic Cooperation and Development (OECD) in Paris have failed to ease the tension. The meeting of the OECD's working group onAFP - 320 words
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538 1981-03-20 15 G DURAIRAJ - By G DURAIRAJ THE Malaysian Federal government is setting up a coordinating body which will have the authority to regulate the development of all ports in Malaysia. Sources in the Ministry of Transport said once the coordinating body is properly constituted, its primary538 words
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PORTSIDES
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Article103 1981-03-20 15 THE former chairman of the Port Klang Authority (PKA), Datuk Haji Abu Hassan has been appointed chairman of the Penang Port Commission. He takes over from Tan Sri Abdul Jamil Bin Abdul Rais, who had held the post for the last 10 years. Three new members103 words
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Article110 1981-03-20 15 AFP JAPAN Line, a major tanker operator, has agreed to provide training for employees of China Ocean Shipping Company (Cosco) in its specialty of tanker operation from next month. The company said Cosco has recently decided to expand beyond its specialised role as a seaborne carrierAFP - 110 words
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Article66 1981-03-20 15 AFP THE Arab Shipping Company (ASC) announced that its profits more than doubled from US$3 million to $7.3 million in the 1960 financial year. The firm, formed by members of the Organisation of Arab Petroleum Exporting Countries (Oapec) Kuwait, Saudi Arabia, the United Arab Emirates, Qatar, Libya, Syria,AFP - 66 words
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Article95 1981-03-20 15 AFP ROTTERDAM police have arrested one of four men wanted by Scotland Yard following the scuttling of the oil tanker Salem off the coast of Senegal last year after its cargo had been sold secretly to South Africa, the insurance company Lloyds of London said. He isAFP - 95 words
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Article691 1981-03-20 15 Mpptag Um 1 Gal Actaipclcgo Adriatic AIM Afro-Eurasia Alfred CT All trans Alpar Aagkuun Angonave ANL An toll APL iSE"~ Asia Merchant Bait-Orient Baltic Enterprises Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Ben bulk Bintulu Blue Diamond Blue Funnel Blue Star Burmese CAVN-FMG OCNI691 words
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Article911 1981-03-20 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessels Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Anro Temasek ***** 19.3.81 1800 Neptune TA 5 TT TW Bridge 5W 19.3.81 0900 Neptune 50 TT Korean Jacejin 8E 19.3.81911 words
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Article1437 1981-03-20 16 NORTH American grain chartering on Wednesday was featured by the fixing of three vessels to carry wheat in April from Pensacola, Florida to Alexandria or Port Said at U5571.36 free discharge. Chinese operators continued to seek grain tonnage and paid the lower rate of $40.50 for 35,000 long1,437 words
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Article313 1981-03-20 17 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (Passenger) (1400 after Royal Viking Sea) 1/2 Equator II (after Builder) 22 Fair Rainbow (1000 after Weikuo) 1314 Felix Dzerinskiy (Passenger) (2000) 42/43 Kota Angkasa (0700) 10/11 Leipzig (after Barber Tonsberg) 46 Luding (0930 after Kota Ratu) 8/9 Vishva Tej (0600313 words
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1017 1981-03-20 17 NORWAY'S shipowners have painted a gloomy picture in a recent report of their prospects in world freight markets without farreaching government action to improve the industry's competitive position. According to the study, submitted to the Storting (parliament) by the Norwegian Shipowners Association, national rules1,017 words
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Article, Illustration191 1981-03-20 17 THE Nedlloyd Forcados arrived in Singapore this week to discharge an unusual cargo a traditional Philippine craft known as a banca, soon to be displayed at the Rotterdam Maritime Museum. Built in Manila, the banca christened Kmonlsran a Filipino word meaning "Progress" was transhipped in Singapore191 words
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Article198 1981-03-20 17 THE Philippine government is phasing out flags of convenience vessels or open registry within the next 15 years in a move to encourage the development of the country's own national maritime fleet. Sources said the adoption of the 15-year phase-out period was recommended by an inter-agency198 words
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1178 1981-03-20 21 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN1,178 words
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127 1981-03-20 22 AFP JAPAN and West Europe should call on South Korea to restrain expansion of its shipbuilding capacity, Tsunesaburo Nishimura, president of the Japan Shipbuilders Association, said. Mr Nishimura, who is also president of Sumitomo Heavy Industries Ltd, said it was necessary to ask SouthAFP - 127 words
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Article913 1981-03-20 22 ORIENT EXCHANGE TUGS and barges in Asean are enjoying healthy business as there is a good demand for these types of vessel especially in the movement of cargoes to and from Indonesia, Malaysia and to a lesser amount in Thailand. Fixtures of 8,000 to 14,OOOdwt913 words
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Page 15 Advertisements
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Advertisement379 1981-03-20 15 a st class transport Agents: Nedlloyd JEAC For further details, please refer to page V Scan Dutch w> .1 RDIM I H Orient Overseas Co*dcu*teA Line FULLY CONTAROBED Spore rmUnf i n. BROS Ml Sarfed I" Port •OCYALBt *03 24* 24/3 25/3 (OHM MCE WON 121) 29/3 30/3 MERCATOR 22*379 words
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Advertisement147 1981-03-20 15 OSEALORDO UASC UNITED ARAB SHIPPING CO'SAG/ EXPRESS MULTI-PURPOSE SERVICES SEALOM) SMI* MERGES (Rag. Ik. *****5/OOC) f FLOOR, MARMA HOUSE. SHGAPORE 0207 *****94 TELEX NO R*****9 CPS OFC PSA GOOOWN NO 50 RM 3 TEL *****31 and *****32 TERMNAL BLOG OfC TEL NO: *****90 and *****93 SON. KUALA LUMPUI TEL 18.147 words
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Advertisement604 1981-03-20 15 Call us We call the world Agents: N«dlloyd EAC Please refer to pag4 v MAERSK LINE lEXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Pearler Vmml |Port Kelan* Penang Vessel Siafapora Nr» York I Philadelphia L LEONHARDT 1 Sited Sited ALVA MAEKSK* 24/3 11/4 23/4604 words
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Page 16 Advertisements
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Advertisement891 1981-03-20 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUA 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** Use A<c«pt»*f far: ll Barcelona Genoa 2) Amsterdam Antwerp. L Havre. Bilbao Baste UK. 3) Bremen Bremenhaien Aarhus Copenhagen Helsinki 4) Malmo Stockholm, Oslo Accepting891 words
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Advertisement287 1981-03-20 16 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA N T«t IStMm NB 25/3 1/3 5/4 11/4 21/4 24/4 SaM bM 24/3 25/3 31/3 1/4 11/4 11/4 15/4 14/4 25/4 24/4 23/3 21/4 2/5 t/4 4/5 17/5 21/4 21/5 2/4 WIT Attn Al S "BARBER MCNELAUS" Mar 21 "BARBER PRIAM"287 words
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Page 17 Advertisements
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Advertisement1235 1981-03-20 17 NOTICES FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHIPPERS CONGESTION SURCHARGE ADEN Reference is made to the notice in the Press on Friday, 12th December, 1980. The member Lines of the above Conferences have reported that there has been marked1,235 words
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Advertisement238 1981-03-20 17 i Franco Belgian Services [F'ii Fan Frc'ich Service irxth Bt lqian Far Easttrn Linesl o» aCE CONSOBTibMi P3E PEPTURE lADE HK CONTARER feb Saied Mar 22 Mat KU 2( Mii Mir 31 Mat SEAPAC CONTAINER SERVICE SiNr.*k>OßF FNOUIRIFS ???37*4 CFS???*O4i Tprminil ??***** Optorg Shipping Pte. Ltd. Kuala lumpor W Port238 words
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Page 18 Advertisements
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Advertisement761 1981-03-20 18 Hapag-Uoyd TO NORTH EUROPE Largi Bji Kimtoor Bay My ol Edmburgh Osaka Bay Efce Man TO NORTH EUROPE/MEMTERR ANE A pore PK Pen Bilbao Genoa H burg B haven Rdam Antwerp Mnehier 20,3 30 4 3/5 23/4 Mai Rickmcrs 2 3 24,3 28 324 /4 24 5 2/5 28/4 27/4761 words
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Advertisement737 1981-03-20 18 LIME KOREA SHIPpm CORPN P. KHang PENANG STORE ALTAR 161* In Port 21-23 March 24-26 March FROM BUSAN BANGKOK ALTAR 162E In Port 21-23 March 24-26 March TO BUSAN VEGA 159* 14-18 Apr! 19-21 April 22-24 April FROM BUSAN BANGKOK VEGA 160E 14-18 April 19-21 April 22-24 April TO BUSAN737 words
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Advertisement540 1981-03-20 18 EVERGREEN LINE I FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTING CARGO FOR: UNITED KINGDOM x SOUTHAMPTON. LONDON, MANCHESTER. BIRMINGHAM, BRISTOL. LIVERPOOL, GLASGOW. LEEDS ETC. WEST GERMANY BREMERHAVEN HOLLAND mrmAM S pore MM HamM*( Rotterdam Fafastwee Antwerp Ll Hint Ever MtH 21/03 12/04 14 04 16/04 10/04 2«/540 words
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Advertisement957 1981-03-20 18 Everett Lines A Burim Fivt Star ShippMf Corpn. Ik "BURMESE NATIONAL LINE" LOADING FOR RANGOON S'pn Mitan Pwang PP342/21 Mar 2VU Ma 2V271 24/J1 Mar 4/7 ftp BFSS'C Agents m Mo4oySiQ BOUSTEAD SHIPPING Transport scion Maritima MaxicanaS. A. "MEXICAN NATIONAL LINE" FAR EAST/MEXICO CENTRAL AMERICA SERVICE "on TMM through Bi957 words
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Advertisement501 1981-03-20 18 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD ICS SANKYO LINE JAPAN/STRAITS SERVICE OASIS SAMT SHUKJMARU ARLENE HAKKAISAN MAJttl HOKOMARU GLORIA ACE PAZ ESTRELLA WESTERN RIVER MAY PRMCE AQUA PROCESS GE*RAI AGENTS CONTAINER BOOKING SUB AGENTS P KELANG PENANG OCEAN SMPPMG I ENTERPRISES PTE ITO SMGAPORE TEL *****44/7 I *****70 R LUMPUR501 words
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Page 19 Advertisements
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Advertisement872 1981-03-20 19 L. PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) •FCL Closing PS* on 4/4/81 2300 MRS S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ EAST AFRICA/REDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE KOTA SABAS 10/15 Apr Karachi, Kuwait, Dubai Bombay KOTA MAKMUR 5/10 Apr Karachi, Dubai, Kuwait872 words
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Advertisement725 1981-03-20 19 nrBENLINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE PwtiOTX Pn( Hun B>ia»en Mam Harrt UK Shr? Ace 23/3 l*p Bay 14/4 11/4 19/4 72/4 14/4 Ka Staai 2/4 Kowtaaa Bay 27/4 21/4 23/4 Bemraia t/4 Osaka Bay '2/5 31/4 21/4 FMMMMft H BURG 4 HAVEN R DAM HAVRE SO lON W725 words
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Advertisement884 1981-03-20 19 Scan Dutch V I a WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAH P MangPenaig I OAMIA 21/3 8 PfNAGA 21/3 t OMtW 4/4 1 PfNACA 10/4 B DM* 17/4 PtNAGA 74/4 S DAMJA 1/5 Vessel Spo UMM. n cvtstai MIL MOM 3 V.i 6 *RRMI NED OEIFI 14/4 NHON I 71/4884 words
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Advertisement611 1981-03-20 19 BOUSTEAD SHIPPING AGENCIES SINGAPORE eta Reunion Durban Copetown Pt Eliz BANK LINE FOR REUNION SOUTH AFRICA BALDER ZEA DAWN Lukes /fe Linos U.S. WEST COAST SERVICE OHd trOnt SFO Ibch LESLf LYKES Sid Std ASHLEY LYKES 16/4 12/4 14/5 15/5 17/5 17/6 18/6 20/6 (all «sstb also call longbeach los611 words
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Page 20 Advertisements
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Advertisement849 1981-03-20 20 c K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA > 12* 31/3 4/4 Asa Nar4 Star V 2 U/4 13/4 Carter leader muk ah* an Carfwi aba acceptable tar I Baste). St Jatai. PMadattu. Me an request Irian*. Vancouver Portland Haastan. Galveston, rtafc Baltimore Savanna*. lackiamtk849 words
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Advertisement529 1981-03-20 20 CALIEORNIA/PACIEIC NORTH WEST SERVICE EXPRESS CONTAMER/REEFER SERVICE Main. UN FUMCJSCO »nu. IKOK iucomi I c fa/fa r—ißi .«r .r- SS" bV AUSTRALIA EXPRESS CONTAINER SERVICE kiuw ra/ra ctnn HEW ZEALAND SERVICE VBHVA SANCESH VBHVA ASHA' irninoi KUKT« waa/w IN fa/fa Mn Pmm P Mi 21 M* JAPAN SERVICE Lm*( tar529 words
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Advertisement548 1981-03-20 20 o (iroui) SINGAPORE SHIPPING AGENCIES PTE LTD ?OTH FLOOR OCf AN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINE S) GENERAL *****1 114 I INC Si TERMINAL Of FICE *****83 TELEX RS ***** RS ***** A BC A RSHIP CABLE CARGOSHIP yUO (luiitiiiner Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK k#t/21 Ma548 words
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Advertisement588 1981-03-20 20 KORINS MARITIME SERVICES T Room 601 ICB Build n:j Shenton Way Singapore Tel *****22 *****67 P Kelang Tel 38 7004 *****5 MIDDLE EAST/RED SEA/EUROPE SERVICES LOADMG FOR: Banter Mn/I n Maapfcrt/Rarada \\jDSAM ICK LII\tS i A member ol the Samlcb Group ol Companiei LMX SERVICE FROM KOREA/TAIWAN/HONG KONG TO SfCAPOK588 words
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Advertisement697 1981-03-20 20 INTRaSEA (PTE) LTD Faber House 234E Orchard Road Smgapo n p9 Telephone **********405' ±\MQ mm mm Aganta Sng apart I Lanu REGULAR MPOIOff SERVICE TO EUROPE S port P. Ketanf Panang LaadMg Mr 5 Apr 31 Mar KUOGK/RDMI/ UK(AVON) MTRASEA (PTE) LTD *****11 BOONNC *****57 no swrw i tradmg uotu697 words
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Page 21 Advertisements
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Advertisement601 1981-03-20 21 TO EUROPE/UK (VIA SUEZ): TW BRIDGE SW. MERCATOR 22*. Also accepting cargo to/from Scandinavia +C. ROZE S pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ): 0400 23/3 1600 22/3 TO AND FROM AUSTRALIA: Anro Temas JAKARTA ...Sailed SINGAPORE lln Porl PENANG Sailed P. KELANG .Sailed SINGAPORE BRISBANE601 words
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Advertisement296 1981-03-20 21 ru KASTKHV \l( UNIX LTD. Spaciaiiat in RO/RO Bimc« IVAN SKUMOIN VO7 •LUC KOCM VO5 GAVRIIL KKMMSHCHEV Vl3 ASIAN CUPPER v 18 SUN WAV VO7 SOUTHERN CROSS VlO VO7 27/31 Mar VOS 1/2 Apr Vl3 5/4 Apr V 1» 10/11 Apr VO7 12/19 Apr V*> 14/17 Apr Port Ka4ang 29/30296 words
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Advertisement144 1981-03-20 21 I M \J I I L_ M V CHERRY Rl BY VOY I ARRIYED 14 3 '81 AT KEPPEL WHARYES godown n a General Survey on damaged cargo discharged ex the above vessel will be held on Monday 23rd March 1981 from 0930 to 1200 No further survey will be144 words
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Page 22 Advertisements
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Advertisement505 1981-03-20 22 JEURO REGULAR T.S.R. CONTAINER SERVICE ACCEPTWG FCL LCI WITH THRU RATES TO KABUL AM) DJULFA/RAN MCLUDM6 ALL EUROPE. EASTBLOC COUNTRfS. AM) ISTANBUL AGENTS SEALION SHIPPING (S) PTE LTD TEL *****81 (8 LINES) TLX RS ***** NGOH HONG HANG (PTE) LTD M.V. "100 WAH" M.V. "100 YAU" M V. "100 HENG"505 words
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Advertisement366 1981-03-20 22 ft JOHORE SHIPPING Ll6l lAIAN TfNGKU RAOAR PORT Ml ANG SftANGOR MALAYSIA BINTULU CONTRACTORS SDN. BERHAD 37. Panduigan Road. KucMng, Sarawak, Tat ***** Tetei MA ***** Express Car-Carrier/AO-W) Service to East Malaysia P. Kelartg Loading tor BINTULU NO 1 V:4/81 In Port KUCHWG/SBU BINTULU NO 1 V 5/81 1/4 KUCHHG/SIBU366 words
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Advertisement353 1981-03-20 22 2 WOOD LINE Bulk Timber and Plywood Service LOADING FOR NANTES/RDAM/UK Vessel WL 003 WL 004 PKelang 28/4 24/5 T. Ayer 24/4 19/5 General Agents:Wood Line (S) Pte. Ltd. Tel: *****11/*****93/*****42 K. Lumpur: SEGANI SDN. BHD. Tel: *****1/*****9/*****4 P. Kelong: *****3/*****8 SAUDI EAST LINE Express Conventional Service To Jeddoh, (Gizon,353 words
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Advertisement307 1981-03-20 22 (UmloaO f ipress Between West And East Malaysia) Accepting Heavyhtt up to 18 ton Agerf S TITI SHIPPING 4 TRADING SDN BHD I' i nt I K*, •rj PEACE LINE Regular container FCL/LCL services to Australia Sydney, Melbourne, < Adelaide, Brisbane *3 Europe All ports including UK Balderoe VI9(T/S) 24/3307 words
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Advertisement455 1981-03-20 22 r ta OCEAN LINES REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE (Abo accepting cargo (or Rijefca Bourgas Constarua subtle I to inducement) S pore P Mang Perung Loading tor OCEAN ACE V.13N8 7 Apr Port Satd/Aleiandria/Limattol Praeus/Beirat/Lattaiua/ OMED VESSELS SAGASIA PTE LTD. (LOUIS ORtTFUS GROUP OF COMPANIES) *M *****55 (5455 words
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Page 22 Miscellaneous
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Miscellaneous164 1981-03-20 22 <ym.' Regional Weather W iipy 24<S* 1 "S r J 0 o s ,1 t J a i m i s? K If 6g mm \< 1£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind*direction with speed in knots Rain164 words
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