The Business Times, 26 March 1981
1981-03-26
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The Business Times
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Title Section10 1981-03-26 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, MARCH 1981 60 CENTS10 words
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BRIEFLY...
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Article69 1981-03-26 1 AP BANGKOK, Wed. Thailand's Supreme Commander Serm na Nakorn said he welcomes a proposal by US President Reagan, seeking an increase of US$3O million arms aid to Thailand. Mr Serm was referring to a statement by US acting assistant secretary for East Asia, Michael Armacost, in which heAP - 69 words
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Article56 1981-03-26 1 UPI TAIPEI, Wed. The cabinet has tentatively set the national budget at NT5319.27 billion with a deficit of $31.47 billion for fiscal 1982 beginning July 1. The approval of the budget, which shows an increase of 16.1 per cent over last fiscal year, will be a formality nextUPI - 56 words
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Article109 1981-03-26 1 Reuter BRUSSELS, Wed. Belgium has raised its bank rate from 12 to 13 per cent to support its currency, which has been under pressure because of the country's severe economic problems. The Belgian franc has been the weakest member of the European Monetary System since last Sunday'sReuter - 109 words
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Article53 1981-03-26 1 Reuter EAST BERLIN, Wed. Warsaw pact troops participating in training staged more landings on the Polish coast yesterday, East German newspapers reported today. The coastal exercises involved East German, Soviet and Polish troops and were aimed at breaking the resistance of a strongly fortified defensive position, theReuter - 53 words
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Article85 1981-03-26 1 BYDGOSZCZ (Poland), Wed. Solidarity today warned of the "extremely dangerous situation" in Poland and told members to avoid provocations during their two nationwide strikes. Moscow said Polish troops are prepared to give "a suitable rebuff" to threats to the state. Solidarity set up an 11-member strike command85 words
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Article66 1981-03-26 1 ALOR STAR, Wed. Umno Youth will meet Finance Minister Tengku Razaleigh Hamzah on April 3 over the issue of purchase of UMBC shares, its leader Datuk Haji Suhaimi bin Datuk Haji Kamaruddin said today. "We would like to have a heart-to-heart talk with the minister to clarify our66 words
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Article62 1981-03-26 1 LONDON, Wed. Breakaway Labour politicians will launch the Social Democratic Party (SDP) in Britain tomorrow, the first major new party to enter the political arena for 80 years. Its four leaders, former Labour cabinet ministers, will hold a press conference in London early in the morning, and62 words
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Chief Price Changes
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Article122 1981-03-26 1 Rises G E Life 2050 210 Metro Hldgs 1050 90 Roxv Elect 302 52 P M Hldgs 860 50 MBS 575 45 PMRI 655 40 Spore Land 955 35 Sel Properties 1940 30 Rothmans 825 20 Falls K Kampar 710 -190 Shangri-La 1000 -70 Boustead 790 -30 Mega Chem122 words
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Article, Illustration144 1981-03-26 1 Falls SBS 336 -46 HL Credit 720 -45 KL I 390 -40 K Kampar 760 -40 A Hitam 1460 -40 D Baby 344 -36 Dunlop I 785 -35 Rises FELS 1100 340 PM Holdings 870 200 Genting 1530 +60 G Ceramics 416 40 Matsushita 640 40 Indices Mar144 words
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Article, Illustration982 1981-03-26 1 CATHERINE ONG - MAJOR ORGANISATIONAL CHANGES By CATHERINE ONG AN EARLY morning bombshell rocked the Monetary, Authority of Singapore yesterday as 61 employees were told there will be no place for them in the Authority come April 1. Emotions ran high throughout the SIA building in Robinson982 words
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240 1981-03-26 1 PRICES on the Singapore rubber market moved to even lower levels yesterday. The deterioration in prices has been unrelenting since Monday when the RSS One buying rate for April closing hit 261.50 cents per kilo the lowest levels since March 1979. At yesterday's close240 words
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Article474 1981-03-26 1 RICHARD SEAH - By RICHARD SEAH A LONG-AWAITED decision by the High Court yesterday strengthened the local record industry's position in its war against music piracy. Chief Justice Wee Chong Jin yesterday dismissed an appeal by a record retailer against conviction on six charges of selling 30 pirated cassette474 words
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Article328 1981-03-26 1 PEGI Malaysia has finally received approval from the Malaysian Foreign Investment Committee for its proposed acquisitions of Synthetic Resins and a 15.4 per cent stake in UK-based Dunlop Holdings. However, approval from the Capital Issues Committee and shareholders will have to be obtained before the acquisitions328 words
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283 1981-03-26 1 FALLING demand for Its colour TV chassis has fsreed Matsushita Electronics to stop production of the compoaest. The compaay has been gradually cutting down its output since last year and the whole chassis line Is expected to he shnt down by the283 words
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497 1981-03-26 1 KOH TSE YING - By KOH TSE YING THE Oversea-Chinese Banking Corporation has once again turned in a set of excellent results for the full year to December 1980, and shareholders are being treated to a higher dividend, a bonus issue, and a modestly-priced rights issue497 words
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Page 1 Advertisements
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Advertisement7 1981-03-26 1 ■Bj Cor Audio |gaSpecialist FUJITSU TEN LIMITED7 words
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Advertisement8 1981-03-26 1 4 Phone: 4W 7230 /4M3H24 6 7255 78 words
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Advertisement77 1981-03-26 1 See page 3 Leader...page < SOVIET Union trying to tilt military ba1ance....................... 2 REQUEST for private geld market in Japan I BRIGHT prospects for departmental stores 7 SHIPPING TIMES PRIMA gronp optimistic about 0ut100k..................................... 11 UIC gears Itself (or diversification 12 A§EAN rejects Soviet appeals for regional conference 12 CROSSWORD77 words
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Advertisement98 1981-03-26 1 AGOODBOOK RECENTLY? FIND IT AT Times Bookshops WOMMCfMi* l.4Ml«Mlr« The performance of a console-size copier, without its cost. -v.. IP The desk-top size Ricoh DT1750. Clear, crisp copies 35,000 copies or more per month Saves on operating costs by 50% or more Space-saving 28 copies per minute For more information98 words
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REGIONAL
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678 1981-03-26 2 Reuter CHINA, whose recent cancellation of large foreign contracts has caused widespread concern in the West, is sending a party of officials to Europe this month to discuss expanding trade with the EEC. Vice Premier Gu Mu will lead the 100-member delegation to aReuter - 678 words
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169 1981-03-26 2 AP TOKYO has decided to ask New Zealand, Belgium and the Netherlands to control voluntarily their shipments of processed butter to Japan. Through administrative guidance, Japanese trading houses will also be instructed not to import excessive amounts of the dairy product, officials at theAP - 169 words
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374 1981-03-26 2 Reuter JAPANESE Foreign Minister Masayoshi Ito has said that the Soviet Union is attempting to change the military balance in Asia and called on the United States to remain vigilant. "The stability in Asia ultimately rests upon a strong US military presence,Reuter - 374 words
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353 1981-03-26 2 Reuter THE REAGAN Administration has asked Congress to increase military and economic aid to Thailand by almost double next year to help counteract the threat posed by communist Vietnam. But a leading academic expert on Thailand alleged that the Thai armyReuter - 353 words
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664 1981-03-26 2 AP INDIA is expanding the export of engineering goods to Asean countries to balance increasing trade in raw materials from the region. Export of engineering goods to the region rose from U*****.8 million in 1979 from $2.2 million in 1957, the regional manager ofAP - 664 words
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351 1981-03-26 2 AP PRESIDENT Zia Ul-Haq's regime has ordered a constitutional change that permits the legal dissolution of executed Prime Minister Zulfikar Ali Bhutto's Pakistan People's Party (PPP). The PPP, which ruled this South Asian country from 1971 to 1977, is the only major party affectedAP - 351 words
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THE REGION IN BRIEF
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Article485 1981-03-26 2 Agencies MALAYSIAN Deputy Finance Minister Datuk Shahrir Abdul Samad told the Parliament on Tuesday that the depreciation in the Malaysian dollar had helped make Malaysian exports like palm oil and manufactured goods more competitive in the world market. He said the country's credit rating was high in theAgencies - 485 words
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Page 2 Advertisements
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Advertisement909 1981-03-26 2 APRIL 7th Bth 10th. 1981 I e<fent at CKu.iL 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 Intraports Systems (Malaysia) Sdn. Bhd. in909 words
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OVERSEAS
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325 1981-03-26 3 EUROPEAN Common Market leaders ended a summit meeting on Tuesday by calling for an urgent response to Poland's request for more food aid and pressing for a speedy end to bitter internal wrangles on fish and farm price policies. The two-day summit325 words
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Article290 1981-03-26 3 Reuter. POLAND'S Communist authbrities and free trade union leaders met in Warsaw yesterday for what could be make-or-break talks over a threatened general strike. But both sides appeared to believe that more was at stake than the immediate prospect of a four-hour strike tomorrow and anReuter. - 290 words
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234 1981-03-26 3 AP THE US Congress yesterday heard a suggestion that the United States, Japan and West Germany join together as the largest importers of oil if such a group is needed for "much stronger forms of joint action". The idea was mooted by MrAP - 234 words
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Article94 1981-03-26 3 Reuter THE ARAB Petroleum Investments Corporation (Apicorp) is working on major projects in the Arab world to produce synthetic rubber, detergent chemicals and a substitute for lead in petrol, Apicorp general manager Nureddin Farrag said. In an interview on Tuesday after an Apicorp board meeting, heReuter - 94 words
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326 1981-03-26 3 AFP RECORD and cassette piracy, currently estimated to be big business worth more than US$l billion worldwide, was the subject of a three-day conference which opened in Geneva yesterday. The main theme of the conference entitled Modem Piracy is existing anti-piracy legislation and possibleAFP - 326 words
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703 1981-03-26 3 Reuter, AFP PRESIDENT Reagan has decided to ask the Tokyo government to take legal steps to curb the flood of Japanese car exports to the United States, government sources said. Mr Reagan is expected to announce his decision on the car import issue this week.Reuter,; AFP - 703 words
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WORLD IN BRIEF
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Article442 1981-03-26 3 Agencies THE Rubber Trade Association of London said from April 1 it will expand its daily official quotations to include three prices which will be used in the formula for calculating the International Natural Rubber Agreement market indicator price. The new price will refer to ribbed smoked sheetsAgencies - 442 words
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Article150 1981-03-26 3 AP THE US subsidiary of a giant Japanese steel manufacturing company allegedly violated US steel pricing laws in a "steel dumping" conspiracy by using a phony "window plant" in Texas, a previously secret US Customs Service affidavit revealed on Tuesday. Named in the affidavit filed inAP - 150 words
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Article827 1981-03-26 3 ARRIVALS Service Local Operator Number Time From PAA PA005 0030 JFK SFO HKG MAS MH601 06.10 KUL SIA SQ10I 0815 KUL MAS MH6G5 0830 KUL MAS MH621 0835 PEN RBA BI421 0930 BWN MAS MH671 0930 KUL SIA SQ201 1000 HLP CPA CX710 1005 HLP MAS MH611827 words
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Page 3 Advertisements
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Advertisement72 1981-03-26 3 MEZ Electric Motors ~z/ (Czechoslovakia) Mez electric motors well-established in Europe Middle East, Thailand and Indonesia are now available in Singapore among best quality products made in Europe most competitive prices over 3,000 units (0.37 kw to 75 kw available ex-stock) full spare parts and service support Ta p fjr72 words
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Advertisement42 1981-03-26 3 5, lC)8l l 1 ,<u«H y I 4 If ✓1 i ii« K 4 1 w V the timeless rituab of the tatiCe^updatcdmqfitfii. BMOR'tf 5SHte Svwv. Memational As*i/Paafic. Vie somepi ace special to take someone special. For reservations caM *****66 ext. 13<42 words
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RAW MATERIALS
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778 1981-03-26 4 THE Federal Land Development Authority of Malaysia (Felda> is to set up more joint ventures under the Fourth Malaysia Plan to be tabled in parliament tomorrow. The authority already has three projects in the pipeline costing about $70 million. The total investments by778 words
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Article246 1981-03-26 4 SINGAPORE rubber prices yesterday closed slightly lower with April One RSS buyers quoted at 253.25 cents per kilo, down 2.75 cents from Tuesday's close. Morning prices were marked down slightly on selling interest and lack of buying support, they said. Afternoon prices lost further ground on stoploss selling by246 words
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Article309 1981-03-26 4 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 251.00 252.00N 247.25 248 25N Int. 1 R.S.S. April 256.00 256 50 253.25 253.75 Int. 1 R.S.S. May 261.00 261.50 258.25 258.75 Int. 2 R.S.S. 235.00309 words
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Article117 1981-03-26 4 NOON SSR and SMH price* yesterday HAS April May (Current Mth) (Forward Mth) Buyer* Seller* Buyer* Seller* SSR 20 U-u mi pallet! 231.00 233.00N 233.00 235 OON SSR SO <1-U >n pallet) 228 00 230 OON ***** 232. OON MRELB April May SMRCV <1-U hi pallet) 288.50117 words
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Article116 1981-03-26 4 WHEAT futures in Chicago on Tuesday closed up four cents per bushel in old crop to fractionally higher in new in light trade. Wheat prices seem to be holding, waiting for a few more days of dry weather in the hard winter wheat belt before building support for another116 words
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Article80 1981-03-26 4 THE STRAITS tin price in Penang yesterday (ell two cents to M539.C7 a kilo, still within the International Tin Agreement's middle range price of $».11 to $32.74, dealers said. The (all was mainly attributed to higher offerings of tin while farther strong buying from the US and Enrope,80 words
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Article34 1981-03-26 4 Rubber March 25 Singapore: April: 253.25 cents (down 2.75 cents) Malaysia: April: 273.50 cents (down 3.00 cents) Tin: M $30.67 per kilo (down 2 cents) Official offering: 225 tonnes (up 23.5 tonnes)34 words
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Article165 1981-03-26 4 SOYBEAN futures in Chicago on Tuesday closed fractionally lower in July to off five cents in distant May in diminished trade. Overhead technical resistance at Tuesday's highs limited rally attempts, chartists said. Once that resistance is overcome, the next objective is $7.90 a bushel basis May, they said. A165 words
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Article180 1981-03-26 4 CHINESE Prtiice Exchange, Singapore, closing prices per 111 kg yesterday. Cwmil ail: Bulk fob $117.00 sellers, old drum (in second hand drum) fob $130.00 sellers, new drum fob $136.00 sellers. Copra: Mixed (loose) $66.00 buyers. Pepper: Muntok white pepper fob Asta NLW $420.00 sellers, Sarawak white pepper faq180 words
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Article193 1981-03-26 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cotton yars: China Blue Phoenix 20s 2,295 32s 2,825, 40s 3,050 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article332 1981-03-26 4 SINGAPORE: Yesterday's closing prices in S$ 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 1.05, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80. Special332 words
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Article915 1981-03-26 4 COFFEE: Robusta futures yesterday ended the morning £12 to £19 a tonne higher with May reaching its highest level for six weeks on chart buying dealers said. Prices in near months were also supported by the underlying shortage of physical coffee for near delivery they added. Dealers said915 words
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Article117 1981-03-26 4 IN THE Kuala Lumpur market yesterday, values eased on light selling in quiet trading, dealers said. The northern region traded April down to M 5967.50 a tonne, down $5 and the southern region dropped $25 to $900 for June. The refined' market remained featureless on lack of overseas117 words
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ASIAN STOCKS
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558 1981-03-26 4 TOKYO THE market average yesterday gained 7.77 to close at a record high 7,325.% compared with the previous record of 7,322.06 on Feb 2, dealers said. Smaller domestic and institutional investors continued active bying, despite increased profit-taking by foreign investors in large capitals and558 words
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Article303 1981-03-26 4 THE market yesterday continued to confound the experts, adding 21 points to wipe out Tuesday's losses. After a weak opening following Tuesday's drop, sellers soon dried up and buyers rushed back in. Buying concentrated on Jardines. Carrian and Chiap Leun. Healthy land auction results and some institutional buying helped303 words
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Article290 1981-03-26 4 MINING and oil shares firmed on stronger overseas demand and higher gold prices, while industrial shares were also firm, brokers said. The All-Ordinaries index rose four points to 705.6, mainly on a six point rise in resources to 696.1 and a 20.4 point rise in oil and gas to290 words
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Article235 1981-03-26 4 STOCKS yesterday closed mixed in quiet trading which concentrated on financial and industrial groups, dealers said. MAR 25 Asia Credit Bahts Asia Fibre Ayuthaya In* And Trust 83-SO 55 Bangkok Investment Bangkok Bank Bangkok Drying And SUo I no -2 Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of235 words
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Article149 1981-03-26 4 STOCKS yesterday closed Z higher, turnover rose to 3.9 million from Tuesday's 1.7 million pesos, dealers said. One gainer and one loser was seen on Lepanto B and Vulcan respectively and there was trading on Acoje Mining, Marinduque B, Philex B and PLOT while the rest were unchanged or149 words
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Article45 1981-03-26 4 FINANCIAL TIMES INDUSTRIALS DOW JONES AVERAGE INDUSTRIALS Tuesday 996 13 Monday 1004.23 Week Ago 992.53 H.K.HANG SENG Wednesday 1468 30 Tuesday 1446 71 Week Ago 1390 85 w AUSTRALIAN INDUSTRIALS fmTuesday.. 716.9 ALL ORDINARIES Wednesday 705.5 Tuesday 701.6 Week Ago 686 9 1**45 words
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Page 4 Advertisements
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Advertisement124 1981-03-26 4 Y AS VISIT LCULAR NG TOWARDS THE YEAR ZOOD EXHIBITIONS CONFERENCES WORLD TRADE CENTRE, SINGAPORE MARCH 24 28,1981 This is a multi-feature exhibition on airport design, construction operation; air cargo handling facilities and services; passenger facilities (e.g. duty free stores) and in-flight services. Supported by: ASIAN AIK CARGO EXHIBITION CONFERENCE124 words
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Advertisement8 1981-03-26 4 rjaufc Cuisine ala Kashmir (mav VVdvvi\>H i,.i .ih».i..H;>8 words
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TRADE AND INDUSTRY
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Article331 1981-03-26 5 JUNE LIM - By JUNE LIM THE government's policy of discouraging job hopping should not be strictly interpreted because it holds different implications for different groups and industries. A production designer in a heavy engineering company may be considered a rolling stone if he moves iff. 10 years331 words
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435 1981-03-26 5 THE sharp growth in air traffic in the Asian Pacific region and the importance of coping with this growth will serve as the backdrop for the 1981 Asian Aerospace Exhibition and Conference to be held at Paya Lebar International Airport from Sep 23 to 27.435 words
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Article223 1981-03-26 5 A HANDBOOK on Asean preferential tariffs is available now. It is a useful and handy compilation of tariff reductions on various products granted preferential tariffs under the Asean Preferential Trading Arrangements. The booklet, sold at $7.50, also gives exporters information on how the tariff concessions work and the223 words
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Article, Illustration120 1981-03-26 5 REPRESENTATIVES of local contractors and government bodies recently attended a demonstration of a new underground shoring method at a Marina Centre site. The aluminium alloy shoring system was introduced by David O Plank, president of the Houston-based Speed-shore, which manufactures the system. The demonstration was preceded by a120 words
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Article408 1981-03-26 5 INFONET, an international computer and communications time-sharing network, will soon be available in Singapore following the recent appointment of Asian Computer Services as its agent. Infonet, whose name comes from information network, allows local users to gain access to data and software of computers throughout the408 words
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Article434 1981-03-26 5 SEMINARS AND COURSES Mar 27-28: Asian Air Cargo Conference, PSA Towers Maritime Square, ITEM (Tel: *****34 *****09) Mar 27-28: In-Flight Catering Conference and Exhibition, World Trade Centre (Dolphin Function Room), ITEM Mar 28 («12.30pm: Talk on A Coherent Approach to Systems Auditing, Hilton Hotel (Malaysia Room), Institute of434 words
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Article316 1981-03-26 5 WHILE the New Nation Big Walk '81 is underway on April 19, a group of prominent people will be taking part in another walking event. Mr Tan Boon Teik, the Attorney-General and chairman of Singapore Petroleum Company, Mr Chan Chee Seng, the Senior Parliamentary316 words
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Article353 1981-03-26 5 HSUNG BEE HWA - By HSUNG BEE HWA A LOCAL chocolate manufacturer is gearing up for further expansion in the next few years. Highland Chocolate Products is investing another $7.5 million in an automated factory in Jurong. It currently has a manufacturing facility at Boon Keng Road. The expansion will353 words
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Article, Illustration187 1981-03-26 5 BURSON-Marsteller has appointed David Young general manager of its Singapore office and a vice-president of Burson-Marsteller International. Mr Young, who joined Burson-Marsteller in Singapore as deputy general manager in 1978, was previously an account director with the company in London. Mr Young takes over from Peter Bostock187 words
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Page 5 Advertisements
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Advertisement136 1981-03-26 5 The tallest concrete Office Building on Earth is in Sydney, Australia Only a few floors are still available at Australia's most prestigious business address Commanding the Sydney skyline with breathtaking panoramic views of Australia's largest city, the magnificent MLC CENTRE towers 244 metres (800 ft) above the ground with 68136 words
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Advertisement159 1981-03-26 5 Do you have humidity problems? Quite a lot of people do. So let's tell you about our GE Dehumidifier and how it works. It measures about 55 cm high and weighs about 25 kg. A fan draws in warm, humid air over a refrigerated coil. As the air is cooled,159 words
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Article394 1981-03-26 6 THE EXTENT of the scale-down of staffing of the Monetary Authority of Singapore is substantial by any standards but is best looked at in the knowledge that there are over 8,000 vacancies in the Civil Service at the moment. It follows then that many of those394 words
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303 1981-03-26 6 THE Chief Justice's decision must be sweet music to the local recording industry. To many in the industry, the music will be far sweeter than many of the songs they sell. For too long they have done battle with music pirates without the support303 words
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Article429 1981-03-26 6 CHARTERED SURVEYOR - Lctten to the Editor CHARTERED SURVEYOR Dear Sir, It is interesting to note that the Singapore Government has introduced what can only be described as "Catch 22" for private land. The catch arises as follows: (1) The Government enacts legislation, i.e. the Control of Rent429 words
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Article330 1981-03-26 6 Dear Sir, We would like to register a strong protest against the article "Deliberate Slowdown" in Business Times of March 20, and in particular to the fact that Table 1 is attributed to the Development Control Division of this Ministry. The Development Control Division did not330 words
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Article, Illustration701 1981-03-26 6 HISANBOBU OHSE - The purchase and holding of gold in Japan is now the trend. Following the public's increasing interest is the request for a private gold market in Japan. Dealers are hoping to start spot and futures trading either next month or in May. HISANBOBU OHSE hasReuter. - 701 words
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Article, Illustration850 1981-03-26 6 LAST MARCH the great silver hunt broke up in disarray as prices tumbled and speculators scrambled for cover. It sent shock waves through the US economic system, threatening chaos on the commodity markets and Wall Street. Now, a year later, the price of silver has still not850 words
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Page 6 Miscellaneous
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Miscellaneous625 1981-03-26 6 TWO-IM-OHE CROSSWOKD CRYPTIC PUZZLE ACROSS 1 Is such boxing shady? (6) 7 Financially things look black when you're here! (2. 3. 3) 8 Bad pudding? (4) 10 One who looks twice the person you are? (6) 11 Wintry drink? (6) 14 The answer Mickey can provide (3) 16 Substance from625 words
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Miscellaneous20 1981-03-26 6 B^StOW'.-JtolcrUckenS so u>e cootD lev's do IT ii NO.ONSOCDNO I 'MeGCSTTo THOOGHTS GET brcx W£D BeTflcfc \TolMe FUoNC Hi a20 words
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Miscellaneous820 1981-03-26 6 Eerie visions of murder jg lAN NAGY directed Mind Over Murder, tonight's Thursday Feature Special (Channel 5, 11.15). Hie story line brings to mind the movie "The Eyes of Laura Mars" but instead of the photographer, it is a beautiful model who has the visions of murders and other sinister820 words
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Article, Illustration1369 1981-03-26 7 TSANG SAU YIN - The average Singaporean simply loves shopping. No wonder then that the outlook for departmental stores is bright, in spite of higher operating costs. The more optimistic, reports TSANG SAU YIN, expect profit margins to remain bullish while those that choose to be conservative anticipate merely satisfactory figures. TSANG1,369 words
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680 1981-03-26 7 FLORA LEWIS - FORUM with FLORA LEWIS STEELMAKERS, like the car industry, complain about imports. The free world's steel producing capacity, says Thomas Graham, president of Jones and Laughlin, is now about 20 per cent above need. But, he claims, the American industry is the most "economically680 words
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Article147 1981-03-26 7 OUT of the mouths of babes. The young son of a colleague chipped into an adult conversation about world military matters the confident assertion that the Russians could not win because America now has President Ray-gun! SPORTS equipment suppliers Robertson, Wilson (S) Ltd, have a good147 words
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Page 7 Advertisements
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Advertisement921 1981-03-26 7 i%> THE DISCOUNT COMRANY OF SINGAPORE LIMITED J|{J (Incorporated in the Republic of Singapore) SHARE CAPITAL Authorised:10,000,000 ordinary shares of S1 each BALANCE SHEET (Expressed in 10,000,000 10,000,000 AS AT 31st DECEMBER, 1980 Singapore dollars) $*****7.697 $187,042,471 The notes form an integral part of the accounts. $238,877,697 $187,042,471 PROFIT AND921 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article254 1981-03-26 8 MAR 24 Frs CORBEILLE A tr-Liquid* B S N Oenrals Danone C 8 F (ThomsonCsfl 482 1040 J79 >3 37 113 CIe Francalse dei Petroles Compafnle Financier* 228 ♦5 Compafnle Generale Credit Foncler De France 410 309 +9.5 Hachette (Llbralrle) Machines Bull Mlchelln (B) Pari bat Pechlney Clflne Kuhlmann254 words
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Article191 1981-03-26 8 MAR M Dm Aef-Telefunken MJO Akao 19 10 0.4 Alls La ben 1060.00 Alls Vers MUD 2 BAST ***** Bay H T Wbank 1(740 1 Bay Vbank M.OO 1 Bayer 11SJ0 -0.1 BBC MIjOO BMW 157DOB Cassella 307 00 Chem Verw 230-JO unch Commermbank 13SJ0 -0J Contl Oummi «J0191 words
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Article91 1981-03-26 8 MAR M m FORWARD MARKET A*** H 310 uneb Arted use uneh Aslur Jit ■inch Brueu Ml -2 Bru-Lamb 10W 26 g£T 1KB 186 2 -2 Df Beer* 312 ■4 wbm I860 13 Electrobei 3115 IS Ob-Inno-Bm 1966 -25 Ot? 1360 30 Hobok 2380 -10 PtH 4136 ISA Ryl91 words
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Article184 1981-03-26 8 MAR 24 FU ARN 290 00 -0.5 ihnW 77.00 unch |kin 21 JO 4-0.6 amev Qg an -1J Am fax 100.00 -0.7 Amrobnk S6JD -0.1 Bergoss 23.00 4-1 Berk 48.00 unch Bols 57.00 40J BorsumlJ 218.00 4-2 Burhmann 53.70 -05 Byenkorf 36 .50 unch Caland 29.00 unch Cmlve Delft184 words
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Article183 1981-03-26 8 Actions Bulsaas m ♦a lino unch Alusulsst Rag Brown Bo**ri Br. UOB IOC 10 Clba Oeigy Br. IMP 25 CM* Oalgy P C •IS Clba Otic; Rm Cradlt Suisse Br sas 2636 4 30 Crwut Suisse R<| 444 1 Bektrowatt Br MB Oaorge Fischer Br IB 10 OtOtMU PC183 words
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Article101 1981-03-26 8 MAR M Ure MB 10 Auoc 0«n *****0 -9600 Bastoci 715 4 Cantr*]* o» IS •tot an -36 Plnstder MIS -US Qcn Immob an -41 in Pri TIM IUUccmcntl ***** -3000 IU1(U 1130 -s lUlalOer 300 unch Macneu M Pf M5 unch Marclll Ere 250 50 -85 lfadloh UM0101 words
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Article207 1981-03-26 8 MAR M Alean Algoma Bank Mont Bank Not* Scotia Bell TW Beth Core BP Can Ltd Bruean C$ a 44 48 SI* 91* U* 40* S* 4* 4* 4 4H Camp Red Lake Can Imp Bk 65 J1H 41* 1 47* Canpac In* Pf a* Carting OTteefe a* Comlnco207 words
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Article265 1981-03-26 8 MAR 34 Rand INDUSTRIALS A Alpha Abercom AE And CI 4MB 345 aso 8 20 am -50 Barlows 1085 S 1725 510B Currte Finance De Been Ind Edcon 225 ***** 850 unch unch unch Edfan Eittctd? red Vol* 7825 Z 490 25 -10 ruftt Oardlan O tenant Orttemn M0265 words
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Page 8 Advertisements
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Advertisement170 1981-03-26 8 Where to wine,dine and entertain 1 he American Express Card. Don't leave home without it. Get away to Sentosa 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). For170 words
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Advertisement143 1981-03-26 8 rti lubertus! (SriU For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday in Friday $19.50 t 10'. service charge .V cess Javanese Rijstafel Saturday <£• Sunda\ SIT.ISO 10'/ service charge •.Y cess For reservations call 737%77 A W Hiu-\ I 'nrk I»«-i• j11« nj lAfiq m m143 words
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Advertisement161 1981-03-26 8 ^!^,]?\-<[~%=->/.()!|$!`+]%)*[" Come and relax with the Dkkbqye Trio dmk i s -> b&fTheir easy style vocal harmony and wide repertoire of nostalgic oldies and popular hits will soot hp you into a very related mood At the Imperial Bar 8 00 pm to 1 00 am. nightly except Sundays Unwind161 words
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Advertisement124 1981-03-26 8 QQQOQ 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 your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. Presenting STAR* MARK (Q/if/n/TS/Y <DiasßaFL> from USA Mar 23 Apr 5124 words
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Advertisement180 1981-03-26 8 A in ft m fe .iL 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 l pauiee Cockpit Hotel180 words
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BANKING AND FINANCE
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Article152 1981-03-26 9 Reuter. SEVERAL major US banks on Tuesday cot their prime lending rates to 17 per cent from 17.5 per cent, giving evidence of further softening in loan demand and lower money-market interest rates. Among the biggest banks, half-point reductions were announced by second-largest Citibank, number five MorganReuter. - 152 words
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Article262 1981-03-26 9 Reuter WEST German Economics Minister Otto Lambsdorff sees no reason to criticise US interest rate policy despite its impact on Germany. An official statement issued by EEC leaders at the end of their two-day summit conference in the Netherlands said they had asked their finance ministersReuter - 262 words
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Article384 1981-03-26 9 HONGKONG institutions took the two top spots in 1979*8 ranking of Asia-Paclf-Ic's merchant banks, according to a special survey by Asian Banking, a Hongkong-based banking Journal. Wardley Hongkong was biggest by a long way, with net earnings of U5514.73 million. In second place, Son Hung Kal384 words
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Article1387 1981-03-26 9 NEW YORK STOCKS NEW YORK stock prices on Tuesday retreated on profit-taking and some concern about interest rates, reversing a sharp early morning rally. Early strength came on carryover buying from Monday's late rally that lifted the Dow Jones industrial average above 1,000 and close to a1,387 words
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392 1981-03-26 9 AP, AFP CHINA is expanding its international banking relations, and will not change its policy of making use of foreign capital. China already has approved the applications of 14 foreign banks and three insurance companies to set up representative offices in Beijing, said Bank ofAP,; AFP - 392 words
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Article156 1981-03-26 9 Reuter. AVERAGE interest rates for yen-denominated Certificates of Deposits (CDs) fell 0.24 percentage points to 8.01 per cent for 120-day CDs last week from the previous week. The Bank of Japan said the decline reflects the one percentage point cut in Japanese official discount rateReuter. - 156 words
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MONEY AND EXCHANGE$
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Article479 1981-03-26 9 THE US dollar fluctuated within a narrow range against most major currencies yesterday. Trading in the local market was thin, dealers said. The US unit closed at 2.0650/60 against the mark, easing from the opening rate of 2.0897 and from Tuesday's close of 2.0910. The slide became evident479 words
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Article161 1981-03-26 9 THE US dollar yesterday was mixed in fairly active late trading, dealers said. Movement were mainly on technical reasons. Developments in Poland continued to provide the backdrop for trading, as did firm Eurodollar interest rates. The mark firmed against the dollar to 2.0866/77 compared with 2.0898/0903 earlier after its161 words
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Article43 1981-03-26 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $100 million 91-day Treasury bills to be issued from Mar 30 to Apr 3. Each tender must not be for less than $250,000.43 words
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Article22 1981-03-26 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.9 per cent.22 words
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Article191 1981-03-26 9 ASIAN currency deposit interbank rates as at close on Mar 25. US Dollar*(Spot) Offer Bid 7 days 13 13/*****1/16 1 month 13*» IS'* 2 months 14'. 14 J 3 months 14'. 14*1 0 months 15 1/16 14 15/16 9 months IS 14 H 12 months 15 14* 8w-Fr».191 words
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Article44 1981-03-26 9 RANGE of prices offered by discount houses on Mat 25: Overnight: T»t Call deposits: to 7'.'* Clociaf Buyiag Sellinf 3-month Treasury bills 6H 6'i 3-month Bank bills 12 11* 3 months CD 111/16 1015/16 6 months CD 11 10'* Source: National Discount Co44 words
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Article40 1981-03-26 9 FRANKFURT exchanges opening quotes on Mar 25: US 2.0675/85 Stg 4.715/725 Can 1.7624/44 DFI-90.20/33 S Fr 109.80/92 Lit 2.000 06 F Fr 42.42/47 N Kr 38.81/88 B Fr (con) 6.094 103 B Fr (fin) 5.927 37 Yen- 0.9980 9640 words
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Article53 1981-03-26 9 Opening quotes yesterday US 2.2610/20 Can 2.6751/79 Cross —1.1842 45 D Mk 4.7200/50 D F1 5.2250 300 S Fr 4.2960 3025 B Fr (con) 77.35:43 F Fr 11.1100 1250 Lit 2348.50 2361.00 Yen 471.64/472.53 DKr -14 8375 500 N Kr 12.1350/475 S Kr 10.3250/375 Aus seh 33 36/45 Port53 words
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Article230 1981-03-26 9 SINGAPORE gold futures yesterday closed firmer compared with overnight levels after fluctuating marginally throughout in quiet trading, dealers said. Total sales for the day was recorded at 34 lots while volume for kerb was at 72 lots, they said. April closed higher at US$534/536 an ounce against 533.00/50 on230 words
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Article38 1981-03-26 9 Tarn Mm New York 13.10B I2.90B 13 40S 13.20S Zurich 13.00B 13 00B 13 40S 13.40S WM Tan Singapore 13 05B 13.00B 13.45S 13.40S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore.38 words
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Article148 1981-03-26 9 THE dollar for overnight delivery yesterday closed at a slightly higher 209.10 yen, compared with a 206.90 opening and 208.85/ 90 close in New York and J on the West Coast overnight, dealers said. However, the closing rate was down slightly from a 209.15 close here on Tuesday. Trading148 words
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188 1981-03-26 9 THE Bank of Japan's new lending system, to be introduced soon, will supply funds at an interest rate higher than official discount rate. This is to prevent any confusion on foreign exchange and money markets due to international capital movements. The central bank said188 words
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Article173 1981-03-26 9 Reuter THE OFFICIAL Polish news agency PAP withdrew an earlier report quoting Communist Party leader Stanislaw Kama as saying that the country's foreign debt stood at US$27 billion. The news agency gave no explanation and issued a second version of its report of Mr Kama's statementReuter - 173 words
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Article55 1981-03-26 9 Reuter THE Italian Banking Association (ABI) raised its indicative prime rate to 22.5 per cent from 21 per cent, effective immediately. The associition's indicative prime rate for export credit was raised to 20.5 per cent from 19.5 per cent and for discount operations on portfolio holdings to 21 perReuter - 55 words
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Page 9 Advertisements
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Advertisement106 1981-03-26 9 ir I ,11 restaurant 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 OrxmJ 214 Dunearn Road. Singapore 1129 Tel: *****49,*****22 ext 126 n CARE TO TASTE OUR SZE-CHUAN CANTONESE SPECIALITIES BEAN CURD PEKING STYLE HONLON106 words
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Advertisement148 1981-03-26 9 fi ill <Ui h r» L til < will Vi V'<* m 1 I-i HUDC Home Renovation Loans You get better terms from CHASE Want to turn your flat into a dream home? And costs are so high, you just don't know where the money is going to come from?148 words
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1823 1981-03-26 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (3.385) (2)1,823 words
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Article165 1981-03-26 10 SINGAPORE UNIT TRUST (Muafen' prices tar Mar M) The Commerce 3.72 3.91 The Savings Fund 2.07 2.17xd S pore Prog Fund 160 168 S pore Sec Fund 2.40 2.52 S pore Invest Fund 2.24 2.35 S pore Equity Fund 1.52 1.60 ASIA UNIT TRUST (Maaagera* prices he Mai165 words
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Article2843 1981-03-26 10 Gr'a Gr'a Net 1980/1981 Laat Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr cooo) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 361* 238* Acma 338 -2 14.5 2.8 4.2 13.7 2 338 338 300 220 Alcom 300 12.0 2.5 4.0 17.0 197 1162,843 words
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Article2121 1981-03-26 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUSTRIALS AJtaamala (3.108 3.605) Una (2.995) A CW (2.10B) (10) 2.06 (1)2,121 words
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Article, Illustration696 1981-03-26 10 THE bean made their presence felt from the nwraiaK opening at the Stock Exchange of Slagapore yesterday. Bat as the snn rose higher, the balls ventared into selective coasters, where pas tares were apparenUy greener. Situational secondline stacks Allied Chocolate and PMRI were, for696 words
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Article593 1981-03-26 10 THE Kuala Lumpur stock market softened further yesterday on continued weak liquidation and profit-tak-ing. Sellers were out early to depress values on the boards. Thus, although opening prices were barely steady, lack of support and the emergence of profittakers soon reversed the trend. The cautious593 words
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COMPANY NEWS
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390 1981-03-26 11 FOLEX Industries will apply to the Kuala Lumpur Stock Exchange for a «quotation of its shares on April 10. If all goes well, trading in its shares, suspended for six years already (since March 6, 1975) should resume by the end of next390 words
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LATEST RESULTS
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Article52 1981-03-26 11 has announced a group pre-tax profit of M 510.05 million for the year to Oct 31, 1980 against $6.88 million previously. After tax profit was $5.38 million ($3.28 million). The final dividend of 8 cents per share will be paid on June 23 to all shareholders registered on52 words
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33 1981-03-26 11 improved marked- ly ts $2.95 million from $1.88 million "for the six months to Dec 31, 1980. Turnover was also higher at $15.33 million against $13.42 million previously.33 words
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214 1981-03-26 11 MERCHANT haak Guinness Mahon has declined to act as lade pendent advisers to SPP and Ito shareholders in respect of the takeover offer from CbeveUna Pte. Guinness Mahon's managing director Edward Toser told Bustaess Times the hank was determined to ensue that the interests214 words
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Article653 1981-03-26 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Atkam 10%I Mar 17 Mar 27 Apr 17 10% 26% Austral Amal 45%I Mar 12 Mar 24 Apr 10 45% 100% Austral Ent 12%I Apr 21 Apr 18 Apr 30 24%(n) 22%653 words
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Article319 1981-03-26 11 Company Particulars Ex Date B«*ks Clsse Alcnm Proposed rights issue of 2 for 1 API <§, 11.70 per share NYA NYA Proposed rights issue of 1 for 1 Carteberg <0, $1.00 per share NYA NYA Bonus issue of 1 for 2 May 7 May 20 City Dev Proposed319 words
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756 1981-03-26 11 THE CITY STAFF - By THE CITY STAFF MALAYSIAN Oxygen Bhd (MOX), which is making its debut on the Kuala Lumpur stock market, has forecast a group pre-tax profit of "not less than Ms9.l million" for the current year ending Sep 30, 1981. This compares favourably with the756 words
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494 1981-03-26 11 THREADMAKER J and P Coats (Malaysia) Bhd does not appear particularly optimistic about results for the current year ending Dec 31, 1981, after the steep fall in profit last year. Though sales in the Malaysian market for 1981 are expected to be better than494 words
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Article163 1981-03-26 11 FOLLOWING its recent announcement of plans to acquire three palm oil-based companies, Ganda Holdings disclosed that it is taking a 30 per cent interest in the issued share capital of BaLamas Sdn Bhd (BSB). The earlier three palm oil companies to be acquired are163 words
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Article134 1981-03-26 11 THE Malaysian Institute of Management (MIM) will make awards for the best company annual reports this year. The awards will be in two categories international companies with foreign ownership or control and Malaysian companies with no foreign ownership. The awards, which consist of a pewter plaque134 words
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373 1981-03-26 11 THE Prima group is cautiously optimistic about its prospects this year despite recording marginally lower profit last year. Prima's chairman and managing director Cheng Tsang Man, in his statement in the company's 1980 annual report, said that while the group's operations may continue to373 words
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Article31 1981-03-26 11 ROXY Electric Industries (Malaysia) Bcriuui: AGM to be held at the Studio 2, 5th Floor, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur on Mar 30 at 11 am.31 words
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Article213 1981-03-26 11 KLUANG Rubber Co (Malaya) and its 32 per centowned associate, Sungei Bagan Rubber Co (Malaya), have reported uninspiring earnings for their half year ended Dec 31, 1900. Kluang barely maintained its pre-tax profit at $576,343 ($577,647 previously), with the loss from FFB sales made up213 words
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323 1981-03-26 11 ESCALATING operating costs and falling tin prices are expected to adversely affect profit of Hongkong Tin in the current year to Sep 30, 1981. However, chairman Yahya bin Ismail says these factors have been ameliorated to some extent by a reduction in the rate of323 words
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437 1981-03-26 11 THE Kuala Lumpur stock market, which shortened its trading hours a month ago for clearing the heavy administrative backlog, may soon resume normal trading hours. The stock exchange committee is expected to meet within the next fortnight and it is believed that the437 words
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Article243 1981-03-26 11 ALLIED Chocolate Industries made a pretax profit of $1.23 million on the back of a turnover of $10.62 million for the six months ended Dec 31, 1980. This is a good recovery from the earnings of the previous corresponding period of $457,000, a sharp drop from 1978's243 words
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Page 11 Advertisements
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Advertisement388 1981-03-26 11 NOTICE OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in Singapore) NOTICE IS HEREBY GIVEN that the Forty-Fourth Annual General Meeting of the Stockholders of Oversea-Chinese Banking Corporation Limited will be held at 19th floor, OCBC Centre, Chulia Street, Singapore, on Saturday, 30th May 1981 at 12.00 o'clock noon. A Final Dividend of388 words
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426 1981-03-26 12 RUTH CHENG - By RUTH CHENG CHEMICALS and property group United Industrial Corporation (UIC) intends to dispose of more of its property in UIC Building at Shenton Way to enable it to diversify when the opportunity arises. UIC Building is 65 per cent-owned by UlC's wholly426 words
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Article821 1981-03-26 12 LONDON, Wed. Government bonds continued to drift lower today and most equity sectors were easier in reaction to yesterday's large afterhours gains, dealers said. At 3pm, the Financial Times index was down 4.5 points at 507.2. The easier trend was underscored by worse-than-expected figures from Prudential and Eagle821 words
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Article86 1981-03-26 12 AP NEW YORK, Wed. The stock market was mixed this morning, leveling off after yesterday's decline. The Dow Jones average of 30 industrials was up 3.69 points to 999.82 in the first hour. But losers held a 4 to 3 lead over gainers in the early tallyAP - 86 words
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Article, Illustration182 1981-03-26 12 WITH AN Initial order of four million large bottles, Tiger Brewery Is celebrating Its stth anniversary by exporting to its stth country. The conntry Is Taiwan and Tiger thus becomes tbe drat beer to be Imported tbe re from an Asian conntry. As a182 words
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Article130 1981-03-26 12 THE WEST German director-general for bilateral foreign aid relations of the Ministry for Economic Cooperation, Dr Horst Moltrecht, currently on a tour of South-east Asia, arrives in Singapore today for a one-day visit. He will call on Foreign Minister S Dhanabalan and directors of the Economic130 words
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276 1981-03-26 12 LILLIAN CHEW - By LILLIAN CHEW THE importance of documenting Singapore's history orally was underlined in Parliament yesterday when Prime Minister Lee Kuan Yew felt compelled to elaborate on an answer given by Senior Minister of State (Culture) Chai Chong Yii. Dr Lau Teik Soon (Serangoon) had276 words
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346 1981-03-26 12 TRADE unions must steer clear of political objectives if they want to seek solutions to industrial problems at the negotiating table or the industrial court, the Malaysian Deputy Minister of Labour and Manpower, Datuk K Pathmanaban, said yesterday. He said the346 words
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233 1981-03-26 12 AFP THE HONGKONG government should re-examine very carefully all the implications before any irrevocable decision is made to create a third type of financial institution, legislative councillor Li FookWo said yesterday. He was speaking during the Legislative Council's budget debate on the controversial proposal ofAFP - 233 words
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272 1981-03-26 12 Reuter ASEAN yesterday formally rejected Soviet appeals for a regional conference on Kampuchea, urging instead that Moscow and Hanoi attend a full international meeting on the issue. Philippine Foreign Minister Carlos Romulo said after a meeting of the Asean Standing Committee that Asean wouldReuter - 272 words
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Page 12 Advertisements
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Advertisement66 1981-03-26 12 NOTICE This announcement appears as a matter of record only. ASIAN-DOLLAR ISSUE 26th March 1981 THE LONG-TERM CREDIT BANK OF JAPAN, LIMITED (Incorporated with limited liability in Japan) Suite 2201-2204, OCBC Centre Chulia Street, Singapore 0104 U5515,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 29th March 1984 Managed66 words
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Advertisement174 1981-03-26 12 THE MANAGEMENT 6AME AS A TRAINING TOOL APRILS -10, 1081 USING FILMS AS A TRAINING TOOL APRIL 11, 1001 OBJECTIVES: To introduce to trainers the concepts of Management Games and Simulation and through a variety of hands on experience to give practical advice and help in their application and use.174 words
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Page 12 Miscellaneous
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Miscellaneous58 1981-03-26 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair. Report for 24 hours prior to 7.31 pm on March 25 at the airport. Maximum temperature 34.0 Associated humidity 62 Minimum temperature 24.0 Associated humidity 97 Hours of sunshine 9.60 Rainfall in millimetres Nil Total rainfall for the month58 words
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SHIPPING TIMES
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194 1981-03-26 13 THE JAPANESE Icebreaker Fuji, having completed the 1960-1981 scientific observations in the Antartic, will be visiting Singapore from April 1 to 8, on her way back to Japan with a crew of 182 and 44 observation team members on board. Japan has194 words
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Article, Illustration587 1981-03-26 13 JAN LEE - By JAN LEE THE prospects of growing cargo movement between Japan and the Straits port have attracted yet another line into the Straits Container Club, an all-Japanese consortium operating a Japan Straits full container service. The latest to join the three-month old service is587 words
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PORTSIDES
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Article48 1981-03-26 13 WEST Germany and Saudi Arabia have agreed to finance a £160 million reconstruction of Sudan's Red Sea port of Sowakin, the Saudi newspaper Al-Madina Al-Munawara reported recently. The newspaper said the Sowakin harbour had long been neglected and was not fit to accommodate big cargo ships.48 words
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Article76 1981-03-26 13 Reuter SEAMEN in India's eastern Calcutta port have returned to work, ending their 13-day-old strike, the Indian port authorities said. The stoppage to demand an unemployment allowance had held up 28 ships which were to pick up their Calcutta-based crew, officials said. An official government committee hasReuter - 76 words
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Article62 1981-03-26 13 WORK is underway at the port of Dammam in the eastern region of Saudi Arabia for the construction of a drydock at a cost of US$l5l million. The project would be completed by 1982, with two floating docks capable of handling 45,000-ton ships. Once completed, the shipyard62 words
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Article684 1981-03-26 13 SUpftfagUM P*S® CM Shipping Llie Page CM Achipelego Adriatic Afea Afro-Eurasia Alfred CT 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 CCNI684 words
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Article879 1981-03-26 14 aVTwinY I n?i8J« EXP0RT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy No. Estimated Shipping Time of Lines Arrival Gdn Mode of Operatn Date Time Tambang VII 723 25.3.81 0730 Eastern Way 50 Sitiung 25.3.81 1500 PT Pelayaran 50 Anro Australia *****A 26.3.81 0700 Jardine879 words
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Article1487 1981-03-26 14 FAIRLY active grain chartering on Tuesday developed from North America to the Far East with some rates showing an easier tendency. Brokers said the lower trend had occurred despite the fact that there are unlikely to be a large number of extra vessels seeking cargoes now because of1,487 words
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Article, Illustration373 1981-03-26 15 BETHLEHEM Singapore Pte Ltd (BethSing) recently commissioned a stress-re-lieving furnace believed to be the largest in South-east Asia. Specially designed for BethSing by Flinn Dreffein of USA, the furnace is 6.7 metres wide, 7.6 metres high and 30.5 metres long. The rail car furnace bottom is373 words
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Article189 1981-03-26 15 AFP THE TENTATAIVE settlement of the US coal miners' dispute over wages, while greeted with some relief on the Baltic Exchange in London is unlikely to reverse immediately the recent softer trend in Atlantic freight rates, shipbrokers believed. Before the settlement, owners were switching bulk carriersAFP - 189 words
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Article, Illustration769 1981-03-26 15 FT WHEN THE Alexander Keilland hotel platform lost a leg and capsized in a North Sea storm almost a year ago, killing 123 workers, it was the offshore oil industry's worst accident in terms of lives lost. Thirty-five of those who diedFT - 769 words
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Article355 1981-03-26 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Altair (after Futami Maru) 42/43 Dove (Tanker) (0700 P/O, subject gas tree) 13/14 Dong Bee (2300) 25 26 Glorious I (ro/ro) (0700) 47 Kao Mu (1500 after Corrientes II) 35/36 Murrayeverett (1500) 40 41 Miwon (Tanker) (1800 D/L, subject gas free) 33/34355 words
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1830 1981-03-26 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are 1 published at a maximum of three weeks.1,830 words
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Article, Illustration225 1981-03-26 20 AFTER more than 15 years in Singapore, Nedlloyd's general manager, Mr Johannes Balhuizen, 53, left for Rotterdam to take *p a new post. Stepping into his shoes is Mr Joop Hendrik Meijer, 51, from Nedlloyd's Hongkong office. Mr Balhuizen arrived in Singapore at the end of 1965225 words
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173 1981-03-26 20 THE NIGERIAN Federal Ministry of Transport has granted the Dutch contracting and dredging company HBG (Hollandse Beton Group) a Flssoo million order for the design and construction of three complete shiprepair yards in Burutu, Lagos and Port Harcourt. The amount is the biggest share173 words
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478 1981-03-26 20 LEADING European environmentalists are urging the EEC to toughen up its planned legislation to fight substandard ships and prevent marine pollution. The European Environmental Bureau, representing some 60 environmental and conservation groups, says the EEC Commission's proposals on port state enforcement "constitute only478 words
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Article354 1981-03-26 20 CHINA-US West Coast: While other operators drop out after suffering heavy losses in the destructive rate war of the last twelve months, China Ocean Shipping Corp (Cosco) has now opened a direct service from China to the US west coast. First vessel on the run is the 750354 words
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Page 13 Advertisements
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Advertisement376 1981-03-26 13 HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.KeUnj/Keeiunt/Busan/ Inchon Fm: Busan/H.Konf/Banfkok Td S pore: *****11 P.K. *****4, PN *****5 K.L. *****0 <n* IA R 1)1 M AN I AH Orient Overseas Co*dci*ieA. Line FULLY CONTJUNEfttSED SERVICE TO EUROPE (VIA SUEZ) HUH* MX 2W '6/« 18/4 6/5 7/5376 words
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Advertisement293 1981-03-26 13 HSEALORDU UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES V.33 14/4 Loading tor Acceptim Container Onty Dubai (28/4). Abu Dhabi (1/5), Doha (4/5), Jubail (7/5), Dammam (10/5), Kuwait (13/5) FULLY CONTAINERISED SERVICE Loadine tor Dubai (7/4) Kuwait (8/4) Dammam (12/4), Mina Qaboos (14/4) Abu Dhabi (16/4) Doha (18/4) Bahrain293 words
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Advertisement20 1981-03-26 13 mm CONTAINER Schedules II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII WORLD Services VIII20 words
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Advertisement821 1981-03-26 13 cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents: WHMCIFIC TRANS I TMOMfi ASMCY FTL LTD. Tet *****4 (5 lines) SINGAPORE G3 *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN FORTS Siaffapore Longbeach New York I821 words
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Page 14 Advertisements
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Advertisement846 1981-03-26 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE too Accepts* For li Barcelona. Genoa. 2) Amsterdam. Antwerp I Havre Bilbao Basle UK 3) Bremen. Bremenhanen Aarhus. Copenhagen Helsinki 4) Malmo Stockholm.846 words
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Advertisement366 1981-03-26 14 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA HIT ARRIVALS "BARBER PRIAM" Apr 4. "TSU" Apr. "BARBER TAIF" Apr 17. "BARBER MEMNON" Apr 21 Mi KSSEtS BOTH SMGAPOM AT BBS TOHMM. GOOOWN 47 TO: PANAMA US ATLANTIC EAST CANADA US GULF n Rota* SMGAPORE Cratobal Mam S»«Mk Baßmert I366 words
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Page 15 Advertisements
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Advertisement767 1981-03-26 15 |STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas I I Containers Limited Weekly service to/from UK/Europe COHTAROSHP SERVICE TO UK/COWT»gNT H'burj P Aetang D mart l»r Bay 26 Mar Koaloon Bay 4 An City o) EdMv|ti Osaka Bay 11 Apr ER*Mam 20 Apr Benattow Hongkong Eipress 27767 words
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Advertisement697 1981-03-26 15 le Havre P Kelant S pore I Mar In Port 21 Mar 12 Mar 31 Mar 2 Apr IS Mar Apr I Apr 24 Mar 12 Apr 14 Apr 29 Mar It Apr II Apr Franco Belgian Services 1 y Fr, ir, ith Bt hjian tur Easttrr. I.inrO ace <697 words
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Page 16 Advertisements
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Advertisement928 1981-03-26 16 Hapag-Lloyd TO NORTH EUROPE Largi B«r Rowtoon Bit City EdHwgti Osaka Bay Ett Mara TO MEDfTERRAICA ChenMor Dc I Hakata Mara to north europe/mediterranea/ S pore PR Pen Bilbao Genoa H burg B ha»en Rdam Antwero togetim 12/4 14/4 16/4 17/5 16/5 14/5 11/5 EttuKckmn 19/4 21/4 4 24/4 15/5928 words
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Advertisement704 1981-03-26 16 KOREA LIME HIPPINC CORPN P. Ketang PENANG STORE ALTAR 161W Sid Sid In Port FROM BUS BANGKOK ALTAR 162E Sid In Port TO BUSAN VEGA 1591 V 14-11 Apri 19-21 April 22-24 March FROM BUSAN BANGKOK VEGA 160E 14-18 Apr! 19-21 April 22-24 April TO BUSAN use KSC KSC use704 words
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Advertisement504 1981-03-26 16 EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTING CARGO FOR: UNITED KINGDOM BIRMINGHAM, BRISTOL, LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY mmrnmr HOLLAND AMSTERDAM S pat MM Haa*vg lottartai Feb stave Unip i« Nm (Mr KM 30/13 11/ M 21/04 23/04 25 04 20/04 71/04 Era fctorj504 words
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Advertisement890 1981-03-26 16 Everett Lines/ 'WBurma Fhrt Star Skippinf Corpn. "BURMESE NATIONAL LINE" LOADMG FOR RANGOON v\ Accept* carte Mr mi lapaa (My rpm fUM| Parunt AM 71/31 Ma ITOmm 2/4 Apr 21/31 Mir ITOMATOA' l/» Apr IM 11/11 ftpr B FilC Ao««H m Motoyvo BOUSTEAO SHPHNG tTtL NOS KL *****2/*****9 Compania Affantina890 words
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Advertisement478 1981-03-26 16 inao.s.E. r y y /i y Y > OCEAN SHIPPING ENTERPRISES PTE LTD 31 SANKYO LINE JAPAN/STRAITS SERVICE GEKRAL AGWTS OCEAN SWPMG 1 ENTERPRISES PTE LTD SMGAPORE TEL *****44/7 I *****70 I nan* m aw 4 mi?m CONTAMER BOOR KG OCEAN SHTPMG STORE TU *****44/7 Ml US CONTMO P KELANG478 words
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Page 17 Advertisements
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Advertisement893 1981-03-26 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) mm *71?**! COLOMBO 11-12/4 11-12/5 11-12/6 HODEIDAH 18/19/4 18-19/5 18-19/6 JEDOAH 20-21/4 20-21/5 21-22/6 AOABA 22-23/4 22-23/5 23-24/6 COLOMBO 1-2/5 1-2/6 3-4n S'PORE 6-7/5 6-7/6 8-9/7 •I PSA on 4/4/11 2300 HRS. Accepting LCL Cargo to E3893 words
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Advertisement833 1981-03-26 17 TO EUtOPt tiiriir IhIW b; C*i *1 {Mwjti Ouka Bar Efet Mm Bmattse Itonfionf Eipress P*aWl/EIMP» BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE H BURG BtMVEN ROAM HAVRE SOTON Spore P keian** G*rm*«r/ Austria Antwerp France A* Uk 20/3 21/3 11/4 11/4 19/4 22/4 14/4 25/4 4/5 30/4 JO/4833 words
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Advertisement924 1981-03-26 17 i 7 «yj i i I Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE P ketangPenang f wOf 'M)f I PENAGA 27/3 I OAK.IA 4/4 t PIMM 10/4 OtttM 17/4 I PENAGA 24/4 B DAHlik 1/5 B PENAGA 8/5 s2)»«am 3)Nbnr|4)C'b«r| 20 4 21/4 23/4 27/4 21/4 30/4 4/5 5/5 7/5924 words
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Advertisement634 1981-03-26 17 BOUSTEAD SHIPPING AGENCIES SINGAPORE eto Reunion Durban Capetown Pt Eliz BANK LINE FOR REUNION SOUTH AFRICA BALDER ZEA DAWN Lines U.S. WEST COAST SERVICE tkrtct from SfO Lbch SPORf LESLK LYKES Sid Sid 14/4 ASHLEY LYKES 18/4 13/4 14/5 BRINTON LYKES 30/4 30/4 31/5 ♦Of S tie Tac VBC 14/5634 words
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Page 18 Advertisements
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Advertisement882 1981-03-26 18 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEEDER VESSELS* PK Nord Bar 29 3 K» Sfwi 12N Nord Star V 2 31/3 11/4 Jlu. acceptable tar Oakland. Vancouver. Portland Houston Gaimlon Nr. Orleans. Boston. St Win PMa4efcha. Norto* Batonort Savannah, taction** TO EUROPE X IACEWON882 words
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Advertisement751 1981-03-26 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE luAnf tar lOS WW US SAN FRANCISCO. StATTU. TACOMA. YANCOUVO B C fee*** fa/fa Cmlmm P *d»m Singapore I fcigttn namnuir »m» im> h tpr AUSTRALIA EXPRESS CONTAINER SERVICE Acceptoig Fa/Fa CotUmti PKelang S'pon Bn MM Met Sjrf Fro* (MMAJr 30 Mar 11751 words
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Advertisement332 1981-03-26 18 H A (ii' Dun SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINESI GENERAL *****1 114 LINESi TERMINAL OFFICE *****83 TELE* RS ***** RS ***** A 8 CARSHIP CABLE CARGOSHIP Kc«|i«aal Container Lines r a ifcit n WEEKLY CONTAINER SERVICE to/from BANGKOK /r. SI332 words
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Advertisement577 1981-03-26 18 KORINS MARITIME SERVICES m LTD Room 6GV ICB Building. Way Singapore Tel *****22 8. *****67 P Kelang Tel *****4/*****5 MIDDLE LAST/RED SEA/EUROPE SERVICES SAM ICR LINES A member ot the Samick Group of Companies Shipping Co. Lid. ASIA MERCHANT MARINE m GOLDEN LINE CMN CUM SNIPPING (PTE) LTD Kwaag Tm|577 words
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Advertisement838 1981-03-26 18 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone **********4057 W\ REGULAR KOOKNT SERVICE TO EUROPE S pore P. Keiang Ptnanf Loadnf tar: ARKMMBIO4 5 Apr 31 Mar BOULOGNE 'RDAM UK(AVON) NOR ASIA Win 3 May 7 May NORASU NBIIO 2 km i Jun Afenft Sail apart MTRASEA838 words
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Page 19 Advertisements
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Advertisement589 1981-03-26 19 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A meT'be' ot tfie ACE Consortium TO EUROPE/UK (VIA SUEZ): K JACEWON 12** 4MERCATOR 22* K JACEJIN 9W 0. CHEF 24VV N. J ADC 2W HK CONTAINER 25W C. CONTAINER UW... Also accepting cargo to/from Scandinavia -I- K. JACEWON S pore589 words
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Advertisement275 1981-03-26 19 MALDIVE LINES eta KUANTAN ETA PORT KELANG MALDIVE NOBLE Loading For Jebor All MALDIVE PIONEER Loading for ieddah MALDIVE NOVEL Loading for Kuwait MALDIVE PRIZE Loading For Bahrein/ Dammam/Kuwait/Dubai MALDIVE ROORTER Loading For Male MALDIVE NEIGHBOUR Loading For Dubai/Kuwait MALDIVE UNTY Loading For Male MALDIVE SEAFARER Loading For Jeddah MALDIVE275 words
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Advertisement150 1981-03-26 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUUMNG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANG PENANG M/S SHARKAT WAH SOON SON. BK>. IST AND 2ND FLOOR, MESSRS HAI THONG SHPfMG 23 Wek)150 words
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Page 20 Advertisements
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Advertisement423 1981-03-26 20 A ANTOLL LINES D»ect B Is to BRISBANE SYDNEY MELB (GEELONG). ADELAIDE independent FCL Container/Conventional Liner Service SINGAPORE L N SHYING PTE LTD 1401-5, Robria House Shenton Wav Srjacxxt 0106 Tli RS ***** Tel *****11 BJijs *****43 *****23 I WEST MALAYSIA HSH <M) Sdn Bhd KL Tel *****3 *****7 Pt423 words
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Advertisement309 1981-03-26 20 SL 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. Kelang: *****3/*****8 NGOH HONG HANG (PTE) LTD M.V. "JOO WAH" 3/4/81309 words
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Advertisement414 1981-03-26 20 ft JOHORE SHIPPING L#f 161 lAIAN TENGI SEI ANC HAYATI V: 5/81 HAVATI V: 6/81 HAYATI V: 7/81 HAMDAH V: 5/81 HAMDAH V: 6/81 HAMDAH V: 7/81 TENGKU BADAR PORT KfIANG Sfl ANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD k Express Untload Service from P Kelang East Malaysia Brunei P. KELANG414 words
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Advertisement338 1981-03-26 20 SOON SENG GROUP Regular Service To East M'sia »U* t UMPUK Soo" Stnj Slipping <vd" Bid 73 liUr Mtlayu Td 03 97W11 9760/0 Tttt. M« ***** CaWe SOON fO«T 8S Wan Mitson T»i 38 6630 38 7560 tfifi M» ***** Sw >U> I6S Vklo'ii Street lei 04?1639 ***** Cable SUWNO338 words
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Page 20 Miscellaneous
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Miscellaneous176 1981-03-26 20 "at Regional Weather Zf —*07. f 4 02.1 A f i a l 7^\ 32 05 i 7 *-V V 02. 5 LLl^ IK c O Wi Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C176 words
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