The Business Times, 1 April 1981

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, APRIL 1, 1981 60 CENTS
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  • BRIEFLY...
    • 47 1 AFP BRUSSELS, Tues. The Soyuz-81 joint Warsaw pact manoeuvres ended in Poland last night, the North Atlantic Treaty Organisation (Nato) said here today. The exercises, involving from 15,000 to 30,000 men, were due to end ten days ago but were unexpectedly extended, t- AFP
      AFP  -  47 words
    • 59 1 AFP KUALA LUMPUR, Tues. The Malaysian government will take action against newspapers which carry news reports that threaten the nation's security and public order, Parliament was told today. The deputy minister for Home Affairs, Sanusi Junid, said that news on Muslim upheavals in the world sent by
      AFP  -  59 words
    • 54 1 Reuter BEIJING, Tues. The Chinese Everbest Machinery Enterprises Co Ltd will open an office in Hongkong to handle entrepot trade in Chinese machinery and equipment. The company will be jointly established by the China National Machinery and Equipment Import and Export Corporation and the Ng Ping Cheong Co
      Reuter  -  54 words
    • 54 1 AFP BEIJING, Tues. The day to day handling of affairs in the Chinese government is now the responsibility of vice-premier Wan Li. Vice-chairman of the State Agricultural Commission, Tu Runsheng, said in an answer to questions from journalists that 65-year-old Mr Wan "is in charge of the daily
      AFP  -  54 words
    • 56 1 Reuter BEIJING, Tues. China will follow international practices and pay compensation to foreign companies for cancelled contracts which have been signed, said senior Chinese officials. The comment came two days before the arrival in Beijing of a delegation from five Japanese companies for private talks aimed at
      Reuter  -  56 words
    • 77 1 AFP JAKARTA, Tues. President Suharto today sent a cable of thanks and appreciation 10 Thai Premier General Prem Tinsulanonda for the successful operation to save the hostages of a hijacked aircraft in Bangkok airport. The President said in the message that the Indonesian people and government were
      AFP  -  77 words
    • 63 1 Reuter TOKYO, Tues. Japanese industries plan to continue large capital spending in fiscal 1981 starting tomorrow, although the rate of increase will be smaller than in fiscal 1980. A survey by the Long-Term Credit Bank of Japan showed that the fiscal 1981 capital outlays will rise an average
      Reuter  -  63 words
  • Chief Price Changes
    • 125 1 Rises Kings 600 142 PMC 1540 90 PMRI 750 80 C Sugars 1080 70 Ambassador 600 30 K L Industries 492 30 Leong Huat 194 26 Berjuntai 1150 20 Dunlop Ind 770 20 Tractors 665 20 Nanyang 370 20 Falls P M Hldgs 890 -50 Syn Resins 575 -50
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    • Article, Illustration
      145 1 Rises C Sugar 1140 100 Genting 1590 UOB 685 25 PMRI 760 Pah Con 262 E A I 390 10 Hume(FE) 430 KL Ind 510 Falls N Iron 770 -35 Taiam 520 S pore Land 1070 Carlsberg 860 Boustead 860 Cold Store 535 -15 Indices Mar 30 Mar
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  • 675 1  -  PLAN TO SET UP RIVAL FIRM By CATHERINE ONG THREE partners of one of the largest auditing firms in Singapore have left in a huff to set up a rival auditing firm following a multimillion dollar dispute over property. Boon Suan Lee, N Segarajasingam
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  • 289 1 ABOUT 60 prominent businessmen from Asean and New Zealand will meet for the first time in Singapore to work out the direction of future economic relations between the two sides. The Asean Chambers of Commerce and Industry, the umbrelia organisation of the Asean private sector, will
    289 words
  • 400 1  -  By FONG MEW LENG THE government-owned Resources Development Corporation has won orders worth $50 million fcr its new ready-niix ;cronnc ai Centre. Secured just three weeks after it began operations, the oiders will keep the factory busy till the end of next year. The orders
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  • 441 1 THE task force responsible for planning the new Commercial and Service Polytechnic will go on an oversea study tour this month. During the three-week tour, the task force will visit community colleges in the United States, polytechnics in the United Kingdom and West Germany. Community
    441 words
  • 279 1 THE American dollar recovered on world foreign exchange markets yesterday and the price of gold fell back as US President Reagan made encouraging progress in hospital after Monday's assassination attempt. Anxiety over Mr Reagan's condition eased with reports that he was conscions
    279 words
  • 493 1  -  By OUR REPORTER THE PROPERTY price problem is about to be tackled on two fronts. In unrelated yet closely similar moves, two groups of Singaporeans have formed themselves into pressure groups to take action on what is to them a critical issue today the soaring
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  • Page 1 Advertisements
    • 2 1 BEARING DAMAGE?
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    • 12 1 V X iSv W ;a tf o,\o>" ~\e< G t> oJce^Mf^o §gSO_
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    • 67 1 SHIPPING TIMES SHARP fall in Japan's trade ware 5 deficit 2 LOCAL businessman who BALANCE of terror in world thrives on anfair competition 7 trad* 3 AMBITIOUS plans at South BUILDING sub-contractors be- Pacific Textile Industries 11 CROSSWORD fi, TV AND RADIO C, WHERE TO WINE AND DINE 8 SHARE
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    • 412 1 ;!!!;|"^`+_/>\>@)]_,^:%-<??'){? The ASEAN Report Update Published by The Asian Wall Street Journal The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within ASEAN Indonesia, Malaysia, the Philippines, Singapore and Thailand. The ASEAN region is one of the fastest
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  • REGIONAL
    • 574 2 ALL HOSTAGES FREED Reuter, UPI COMMANDOS flown in from Indonesia carried out a precision raid on a hijacked Indonesian plane at Bangkok airport early yesterday, freeing all 44 hostages and killing four of the five hijackers. The pre-dawn assault by about 50 troops ended a three-day
      Reuter,; UPI  -  574 words
    • 440 2 NYT THE US officials expected in Tokyo early next month to help resolve the problem of Japanese car exports will meet government and industry officials who are as divided over the issue as the Americans. Far from presenting a united front often described as "Japan
      NYT  -  440 words
    • 125 2 AFP ASEAN and Japan yesterday began the first preparatory meeting in Tokyo on an Asean human resources development project proposed by Japanese Prime Minister Suzuki. Mr Suzuki proposed the plan when he visited the five Asean nations in January this year. He had said
      AFP  -  125 words
    • 240 2 CHINA will back efforts by former Kampuchean head of state Prince Norodom Sihanouk to form a united front against Vietnamese forces in Kampuchea, senior official sources in Beijing said yesterday. But it was hard to predict whether the Prince would succeed in creating
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    • 463 2 Reuter CUTBACKS in China's imports are only temporary and trade with the West can be expected to grow as the country's economy strengthens, Chinese Vice-Premier Gu Mu said on Monday. In an opening speech to a two-week trade meeting in Brussels between China
      Reuter  -  463 words
    • 245 2 AFP PRIME Minister Malcolm Fraser of Australia has dismissed as "utterly absurd" any suggestion of a "mole" in the Australian security service. He told parliament yesterday all rumours and allegatiors about the service have been thoroughly investigated. "Is it conceivable that the United States government would continue
      AFP  -  245 words
    • 224 2 AFP JAPAN'S current account 1 deficit narrowed sharply to US$2O7 million in Febru- < ary, reflecting an improved trade balance. The shortfall compared with $2.88 billion in January and a $1.25 billion defi- cit a year earlier. The overall bafance of payments (the current
      AFP  -  224 words
    • 124 2 AP EIGHT opposition leaders accepted President Ferdinand Marcos' challenge to a nationwide radio and television debate but said they wanted to face him one-to-one because a collective debate would make Marcos "look like a superman." A ninth opposition figure said Marcos deserves a debate with a
      AP  -  124 words
    • THE REGION IN BRIEF
      • 376 2 Agencies CHINA is in no hurry to settle the question of Hongkong's future with Britain, but reassured investors in Hongkong their interests will not be harmed whatever the solution. British official sources said they believe China and Britain "can settle the question of Hongkong and the
        Agencies  -  376 words
    • 770 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0040 JFK SFO HKG MAS MH601 0630 KUL MAS MH680 0645 KCH S1A SQ101 0815 KUL MAS MH811 0615 PEN MAS MH603 0830 KUL RBA B1421 0930 BWN MAS MH671 1000 PEN KUL SIA SQ201 1000 HLP CPA
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  • Page 2 Advertisements
    • 27 2 Asia's 1 News Magazine. Hi <$ii»', e BgjgjjM >-2ks?^ #"S3fe #1 in circulation #1 in ad revenue #1 in coverage of executives TIME The worldwide media system
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    • 3 2 Leader ptgr fi
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    • 81 2 The Yasuda Fire Marine Insurance Co., Ltd. (Incorporated in Tokyo, Japan) Opening of Singapore Branch Office We are pleased to advise that with effect from Ist April 1981, our Singapore Branch Office will be officially opened to underwrite general insurance business. The Branch Office:— 9F-H, 9th Floor, Asia Insurance Building,
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  • OVERSEAS
    • 546 3 Reuter OPEC oil exporters have begun intensive discussions on a new formula for fixing the world price of crude oil under which they would index a steady increase to the West's economic growth and rate of inflation. Indonesian Oil Minister Subroto, current president of
      Reuter  -  546 words
    • WORLD IN BRIEF
      • 350 3 Agencies THE SOUTHERN Cross Steel company o! South Africa has developed a new corrosion-resistant steel which could have a major impact on industry throughout the world. The product, which the company says is far cheaper than stainless steel and competitive with much lower priced mild steel, was
        Agencies  -  350 words
    • 184 3 Reuter ONLY a "balance of terror" has prevented nations from open trade warfare as they struggle to survive in the present bleak economic climate, says a leading world trade official. Arthur Dunkel, director general of the General Agreement on Tariffs and Trade (Gatt),
      Reuter  -  184 words
    • 126 3 MP STILL confused by a sudden shift in the US position, the U.N. Conference on the Law of the Sea has agreed to keep working on a treaty for the next two weeks and then decide whether to go on any further. The
      MP  -  126 words
    • 690 3 NYT SOLIDARITY leaders have reached an agreement with the Polish government and postponed a general strike that was to have begun yesterday morning. The agreement, which was reached after seven hours of bargaining, would be put before the independent union's ruling National Commission
      NYT  -  690 words
    • 170 3 Agencies THE UNITED STATES and West Germany agreed on Monday after a telephone call between President Reagan and Chancellor Helmut Schmidt to halt economic aid to Poland if there is any attempt to suppress the Polish people. The measure was announced amid
      Agencies  -  170 words
    • 484 3 Reuter SAUDI Arabia is giving a frosty reception to the US plan for boosting the West's military presence in the Middle East to counter a supposed Soviet threat to the region and its oil supplies. The direction of relations between Saudi Arabia and the new
      Reuter  -  484 words
    • 178 3 Reuter IRAN'S leaders have given an Islamic peace mission a three-point plan for ending the Persian Gulf war with Iraq, but the team will probably hear sharply differing views when it flies to Baghdad. Mission spokesman Habib Chatti. secretary general of the
      Reuter  -  178 words
    • 303 3 AP THE British government totally disagrees with the assessment of 364 economists who said Prime Minister Thatcher's policies are ruining the economy. The Treasury, taking the unusual step of making its own public statement, said that although the economists "assert that there
      AP  -  303 words
  • Page 3 Advertisements
    • 214 3 Senior Appointment MANAGING DIRECTOR A U.S. Company with Philippine Regional Office is establishing an office in Singapore to be involved in electronic systems engineering and contract installations for commercial building complexes specializing in building automation systems and commercial sound systems. The Managing Director shall also be responsible in the Business
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    • 1120 3 PA provides comprehensive management consulting services including: c E a a* > o Q c o c 0c W O 08 c o E o oc! c 5 3 a. E o u c IV E > c w a E >- u 3 "C oc c 'E c a.
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  • RAW MATERIALS
    • 202 4 Reuter SRI LANKA'S Commodity Purchase Department will introduce new prices for quality sheet rubber exports this week and will pave the way for the holding of the rubber auctions planned by the private trade. The new prices will not include the premium of 10 Sri
      Reuter  -  202 words
    • 187 4 SOYBEAN futures in Chicago on Monday rallied to close on top of a 21 cent range, up 34 to six cents a bushel in revived trade. Steady local short-cover-ing and commission house buying along with a general lack of follow-through selling lifted prices to the plus side. Traders said
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    • 214 4 WHEAT futures in Chicago on Monday closed with pared losses, up V* cent a bushel to down two cents in mostly local trade. Only nearby May settled higher. Sympathetic local shortcovering following the corn and soybean rally took prices further off day's lows, traders said. However, steady speculative selling
      214 words
    • 231 4 THE Singapore market yesterday closed sharply lower with April One RSS buyers quoted at 250.00 cents per kilo, down 5.50 cents from Monday's close, dealers said. The morning market weakened some 3.75 cents following softer overnight London advices, stale bull liquidation and reserve of buyers with news of the
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    • 346 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 247.75 248 7SN Int. 1 R.S.S. April 252.75 253 25 Int. 1 R.S.S. May 257 50 258 00 Int. 2 R.S.S. 231 00 232 00N UK Coot 230 00 231 OON
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    • 127 4 NOON SSR ai id SMR pncaa yesterday RAS April May (Carreal Mtfc) (Forward Mlfc) Buyer* Seller* Bayera Seller* SSR 20 11 U pallet 1 Ml p«U»t 1 229 50 231 50N 231.50 233 SON SSR SO (1-U 226.50 228 50N 228 50 230 50N MRELB April May
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    • 90 4 THE STRAITS tin price in Penang yesterday remained steady at M 539.91 a kilo, still within the International Tin Agreement's middle range price of $39.91 to $32.74, dealers said. Easier London overnight advices, continued higher disposals of foreign and local tin ores and the assassination attempt on President
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    • 32 4 Rubber; March 31 Singapore: April: 250.00 cents (down 5.50 cents) Malaysia: April: 270.50 cents (down 6.25 cent) Tin: M $30.91 per kilo (unchanged) Official offering: 285.25 tonnes (down 4.75 tonnes)
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    • 98 4 Reuter INDIAN rice production is expected to rise sharply to 56 million tonnes this season, from 38 4 million last year, Indian Agricultural Ministry sources said. They said output of wheat, due for harvesting this month, is likely to be bearly 36 million tonnes this season, up
      Reuter  -  98 words
    • 190 4 CHINESE Produce Exchange, Singapore, noon closing price* per lit kg yesterday. < oconut oil: Bulk fob $117 00 sellers, old drum (in second hand drum) fob $130 00 sellers, new drum fob 1136 00 sellers Copra: Mixed (loose) $66 00 buyers. Pepper: Muntok white pepper fob Asia NLW
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    • 197 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottoa yam: China Blue Phoenix 20s 2.290 32s 2.840. 40s 3,040 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 321 4 SINGAPORE: Yesterday's closing prices in SI 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
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    • 885 4 COFFEE: Robusta futures yesterday continued their early advance, ending the morning £6 to £11 a tonne higher in near positions with news of Brazil's suspension of coffee export registrations continuing to provide market impetus dealers said. Turnover was 974 lots including four options. SUGAR: The daily sugar price
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    • 141 4 IN Kuala Lumpur yesterday, conditions in the palm oil market were mixed in moderate trading, dealers said. In April, central and southern regions rose M 57.50 to $957.59 a tonne and in May, both regions were up to $927.50. The northern fell $5 to 1 $970 in April
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  • ASIAN STOCKS
    • 560 4 TOKYO THE market average on the Tokyo Stock Exchange yesterday rose to a record 7,334.31 in hectic trading after recovering steeply from an initial fall of about 50 points prompted by the assassination attempt on President Reagan, dealers said. The previous record was 7,325.96 on
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    • 360 4 THE market yesterday closed easier in moderate trading after overnight falls in gold and other metals, while industrial shares closed easier, brokers said. Observers discounted the shooting of US President Reagan as a factor in yesterday's trading, citing a widespread belief he would recover. The All-Ordinaries fell 1.7 points
      360 words
    • 139 4 THE stock market yesterday closed lower following news of the assassination attempt on President Reagan. Turnover rose to 1.8 million pesos from 900,000. Dealers said trading finished earlier than usual because of fears that dollar rates might be disrupted in world money markets. MAR 31 1 Pesos Aco)e Mining
      139 words
    • 9 4 THE market's prices and report were unavailable yesterday.
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    • 58 4 FINANCIAL TIMES INDUSTRIALS Monday 518.8 Friday 521.3 WMk Ago 5012 DOW JONES AVERAGE INDUSTRIALS Monday 992 16 Friday 994 78 Week Ago 1004.23 H.K.HANG SENG Tuesday 1369 85 Monday 1377 79 Week Ago 1446 71 AUSTRALIAN INDUSTRIALS Tuesday 728.5 Monday 725.8 Week Ago 716 9 ALL ORDINARIES Tuesday
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    • 329 4 THE assasination attempt I on President Reagan caused some panic at the mar- ket opening, but all sellers were soon swept away and the market returned to Monday's closing levels. Mid-morning trading was quiet and the market inched up. A bomb explosion in i Central caused some selling towards
      329 words
  • Page 4 Advertisements
    • 188 4 Let us examine the word Exclusive: stylish, rt oLb c restricted in use, or ap peal because of expense 4 a single, sole <- jurisdiction^b Exclusive n something exclusive: as a a newspaper story at first released to or printed by only one newspaper b: an exclusive right (as to
      188 words
    • 25 4 AUTHORS WANTED BY N.Y. PUBLISHER w**, tart MW» m* mm «H hd» »<<«■ wwo.l* kM»i me *I—l lit MtKon w*torm si« t» MMR I H I
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  • TRADE AND INDUSTRY
    • 127 5 THE NEW managing director of Applied Research Corporation (ARC) is Dr Ng Cheng Siong. He is a senior lecturer in the Department of Chemical Engineering at the National University of Singapore. He succeeds Dr Hong Hai, who completed his contract with ARC yesterday but will remain as
      127 words
    • 291 5 THE SINGAPORE Mint has won a $3 million contract to produce three sets of commemorative coins for the Western Samoan government. Two sets of the coins will mark the wedding of Prince Charles on July 29, while a third will highlight 1981 as
      291 words
    • 405 5  -  By RICHARD SEAH CHAN HO Engineering will undertake large-scale production of metalworking machinery when it moves to its new factory this month. The company has invested $3 million in a new factory building at Benoi Sector and another $1 million on equipment. At full capacity,
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    • 149 5 TELECOMS introduces two supplementary facilities for its telex service today the automatic multi-address broadcasting facility and the multi-address conferencing facility. The former, which replaces the existing manual multi-address facility, allows a telex subscriber to send a message automatically to two or more called subscribers at the same
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    • 258 5 MR DORIAN Bali has joined Asian Computer Services (ACS) as a senior software analyst. A chemical engineer by training, Mr Ball first joined Burroughs in the United Kingdom as a programmer. For the past 12 years, he has been involved in the setting up of a real-time
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    • 310 5 THE CHAIRMAN of Mobil Oil Singapore will walk with the general manager of Pakistan International Airlines (PIA) on April 19 in Charity Walk 1981. Mr Dorsey Dunn from Mobil and Mr Ejaz Khan from PIA will be among other VTPs, MPs, company
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    • 304 5 CIVIL engineering education in Singapore should be geared towards inculcating a sense of social responsibility among civil engineering graduates. Making the call yesterday, Mr R Kannan, engineering director of Analabs Holdings, said engineering schools should be structured to produce dedicated professionals to
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    • 508 5  -  By SIOW LI SEN SUB-CONTRACTORS should be licensed if the situation in the construction industry is to improve. Contrary to general opinion, the sub-con-tracting system is not necessarily the most suitable for the construction sector. The call for stricter control over sub-contractors or kepalas was made
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    • 501 5 LOCAL engineers should aim to form small to medium-sized practices which are efficient and capable of effectively undertaking large projects. Such enterprises should try to develop a strong sense of cooperation, integrity and flexibility so that when necessary, they can react quickly by forming
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  • Page 5 Advertisements

  • 375 6 SINGAPORE contractors build our very modern, very tall office towers, luxury flats and, though not quite in the same class, the massive slabs of Housing and Development Board flats. But while the finished products are gleaming tributes to the skills and abilities of local
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  • 286 6 SUCCESSFUL acts of terrorism, where the perpetrators achieve their demands and then go scot free, are the most potent forms of encouragement for further attempts by other groups to impose their will on governments. By the same token the form of action most likely
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  • 1435 6  -  According to an IMF survey, there is a discernible trend of non-oil developing countries' declining share in world trade. In a world that has been hit hard by disruptive economic forces, such a downtrend gives cause for concern as this puts under question those countries' capacity to
    Depthnews  -  1,435 words
  • 695 6  -  END OF TERM FOR KURT WALDHEIM By MICHAEL LITTLEJOHNS Reuter UNITED Nations Secretary-General Kurt Waldheim is nearing the end of his second term of office but is already heavily favoured to win re-election as chief executive of the world organisation late this year. Already 10 years in the
    Reuter  -  695 words
  • Page 6 Miscellaneous
    • 624 6 TVO-UMME CROSSWORD CRYPTIC PUZZLE ACROSS 1 Just the chap to do a bad job (5) 6 Room for remodelling capes (5) 9 It's valuable, so lubricate thoroughly (3-4) 10 On which to put the tick (5) 11 This dirty planet (5) 12 Playing area for the inexperienced? (5) 13 Protected
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    • 778 6 Fonzie takes on the sharks/HOSE who diligently fo»»wed tkt first two parts si lappy Days HoUywood Channel i, 7pm) will be rwarded u the conclusion rill be telecast tonight. Uchie bids goodbye to his ir(friend, an oceanography tndent, who Is going m a raise. FHde In the meantine takes It
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  • 1296 7  -  RICHARD SEAH talks to Paul Chan, managing director of Chan Ho Engineering. RICHARD SEAH PAUL CHAN, managing director of Chan Ho Engineering, thrives on what he calls "unfair competition" on the part of his competitors. Some of his competitors are apparently trying hard to discredit
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  • 96 7 "SCHOOL learn me nothing!" she declared contemptously. No ABC or anything like that, just Mandarin words. Complaining further, she said, "School like shopping centre so many people running around all over the place." The four year old is now trying to persuade her mother to let
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  • 812 7  -  FORUM with FLORA LEWIS NYT THE MOST striking thing about the French election campaign is the public lassitude, like that shown by Americans last autumn. Here, there are four major candidates and a handful of minor candidates for the first round on April 26. After that,
    NYT  -  812 words
  • Page 7 Advertisements
    • 33 7 We make sure this never happens to you/ INTERIORS H FURNITURE WITH A TOUCH OF CLASS 321, 3rd Fir, PLAZA SINGAPURA, Above Yoohon Orchard Open 7 days a week 11 am —9 pm
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    • 33 7 WANTED Professional women, aged 24 to 30, need husbands of convenience as joint applicants for HUDC flats. Must be Singapore citizens. No photographs or personal particulars required. Terms negotiable. Apply Box No. BTI4BI
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    • 64 7 KAWASAKI KINKAI KISEN KAISHA, LTD. are proud to announce the commencement of their JAPAN/STRAITS/JAPAN Full Container Service 1 4 and the appointment of their agents SINGAPORE: BOUSTEAD SHIPPING AGENCIES Tel: Exchange *****4 Sales *****6/*****5/***** WEST MALAYSIA: HARRISON CROSFIELD Tel: Kuala Lumpur ***** Port Kelang *****1-4 HARPER WIRA Tel: Penang *****
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 267 8 MAR 30 m CORBEILLE Atr-Liquid? 488 -2 B S N Oervals Danone 1000 -10 C S F (ThomsonCsf) 385 3 Cle Francalse des Petroles 224 -13 Compcgnlf Financier® Compajnle Otntrilc 400 unch Credit Foncter De France 306.50 -0.5 Hachett* (Libralrlei 326 -4 Machines Bull 55 50 -03 Mlchelln (B)
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      • 226 8 MAR 30 Dm Aeg-Telerunken 5800 0.1 Ak*o iaoo unch Alii LeDen *****0 -2 Allx Ver» 463 00 1 BASF 128 00B Bay H T Wbank 193 00 -8 Bay Vbank 283 00 -SI Bayer 114 SO -28.8 BBC 240 SOB 0J BMW 157 50 I Cassella 306 00 J
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      • 74 8 MAR 30 Pre FORWARD MARKET 296 -9 1270 m -7 1008 ♦8 1074 14 1466 18 163 unch 325 8 1620 IS 3000 -70 Ob-Inno-Bm 1900 20 Q«v 1350 12 2290 26 4830 Ryl Dutch 1446 -2 1118 Soc Oen Be If 1100 unch IS Sotny A 2306 SO
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      • 183 8 MAR 30 Fls ABN Ahold Akio amev Amrobnk Bergoss tier* BoU BorsumlJ Burhmann Byenkorf Cai»nd Calve Delft Dell MU Ennta Fokker ***** 7500 2100 82.40 100 30 55 90 22.00 47 00 58.30 213.00 53 JO 35 50 29 90 192.50 71.00 142.50 42.80 157 00 -3.5 -12 unch
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      • 188 8 MAR 30 Francs Actions Sulsses Alusulsae Br Alusulsae Ret Brown Bo»er1 Br Ciba Oel(7 Br Clba Oelgj P C Clba Oelfj Rtt Credit Suisse Br Credit Suisse Ret Elektrowatt Br 0*ori* Fischer Br Globus Pc Hero Br Hoffman La Roche t/M Holderbank Br Inter food Br Jelmoll Br M
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      • 100 8 MAR 30 Ure Ant** 999 40 Assoc Gen *****0 1230 Btllofl -A Centrmle ZZZ 7300 003 Fiat -36 flnilrtw 92 4-2 Qen Immob 2306 -6 ITI Prl 7306 -346 Italcemenu ***** -1000 Ilaif&j 1130 -10 ILalskler -1 Macnetl M Pf mm loss ♦s Marelli Ere 260 -4 Med lob
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      • 208 8 MAR 30 C» AbltlDI 27% -H Alcan -i Alfoma «7«, Bank Mont 31% Bank Nova Scolla 30-, -k Bell Tel Beth Corp BP Can Lid 40% nrurui Camp Red Lake Can Imp Bk 33% -I 31% Can par Canpac In* PI Carllnf OTCeefe Com Inco 32 67% Cons Bath
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      • 258 8 MAR 30 Rand INDUSTRIALS 440 10 Abercom 375 unch AE And CI 906xd -25 2800ft 1106 -5 Cf Suffmr 1825 515B -25 Currte Flnanc* 225 5 660 WOO Ev* ready 525 5 250 5 1220 2D Hippo 400 -20 710 -5 230 -5 LTA 3B0 M And R 610
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  • Page 8 Advertisements
    • 643 8 ][</\,,'/,=^~;?,@%]>,(+@+&\:_(' Where to wine,dine and entertain For banquets. For conventions. For other functions of flawless finesse. I'unctions for up to 2HO guests International menus to choose from C( >mp!ete range of audio visual equipment Ample parking space. ;w(*> cnuir) SlMTjitun SinyiqMMi' SHERATON HOTELS AND INNS \AORLDWIDt NAbSiMMILL Slfv .APORL T
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    • 202 8 Rfeasgood as going to Bangkok. m -<TThis 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 Dy Thai chefs in our kitchen Siamese Seafood Restaurant Cockprt Hotel Ox
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  • BANKING AND FINANCE
    • 196 9 UPI, Reuter. THE Asean Development Bank (ADB) and a syndicate of German banks headed by Deutsche Bank AG signed an agreement in Frankfurt on Monday for a new issue of 100 million Desutchemarks. The new issue increases the total borrowings obtained by the ADB in
      UPI,; Reuter.  -  196 words
    • BONDS AND LOANS
      • 69 9 will receive a credit of 12.9 million SDRs from the International Development Association (IDA) for providing technical assistance to development projects and for longterm institutional improvements. The official Bangladesh news agency, BSS, said the World Bank resident office in Dacca announcd the credit which is for 50 years including
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      • 54 9 has signed an agreement for a loan totalling 235 million yen from the Japanese government's Overseas Economic Cooperation Fund. The Japanese fund said the loan, redeemable over 25 years including a seven-year grace period at an interest of 4.25 per cent per annum, will be used to
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      • 16 9 will offer AJSO million of 13-week Treasury notes in a tender today.
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      • 70 9 are planning to issue European Depositary Receipts (EDR) on the Eurodollar market with payment to be made towards end-April. Both companies were not available for comment but sources said Ajinomoto will offer about 10 million common shares for EDR issue and Marubeni 25 million shares.
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      • 43 9 will float an 80 million franc public bond on the Swiss capital market until April 7. Issuing consortium leader Union Bank of Switzerland said the terms and maturity of the issue will be fixed later.
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    • 103 9 Reuter THE Brazilian State Electricity Utility Centrais Eletricas Brasileiras (Eletrobras) has awarded the mandate for its US$3OO million Euroloan to a group of seven international banks. The credit carries an eight year maturity and an optional margin of 2'« per cent over London interbank offered rates (Libor) or
      Reuter  -  103 words
    • 301 9 THE MIDLAND Bank Group has reported pre-tax profits for the year ended Dec 31, 1980, of £231.8 million compared with £315.5 million for 1979 and a second interim dividend of 14 pence per share. The two interim dividends total 21.5 pence per share (20 pence
      301 words
    • 172 9 THE SINGAPORE branch of the Bank of China will computerise its main operations over the next Ave years with the purchase of an IBM central processing unit and terminal system. The computerisation programme of BOC's main branch and its three subbranches will include its associate bank, Kwangtung Provincial
      172 words
    • 104 9 AFP THE short-term interest rate charged by Japanese commercial banks dipped below 8 per cent in February for the first time in 11 months. The Bank of Japan said the rate was down 0.072 per cent per annum to 7.942 per cent. Combined long-term and short-term
      AFP  -  104 words
    • 79 9 BELGIAN banks and other financial intermediaries will be required to maintain credits to the public sector at the same proportion of their overall resources as at the end of lttl, under credit restrictions prepared by the national bank to defend the franc. In addition, hanks will be required
      79 words
    • 65 9 FOREIGN exchange dealings in Argentine was suspended on Monday. The Central Bank said the suspension was initiated to prevent speculation and currency outflow ahead of a package of economic moves which was expected to be announced yesterday. The package was to be disclosed by new Economy Minister Lorenzo
      65 words
    • 1101 9 CONFUSION over President Reagan's condition after an assassination attempt closed the New York stock market on Monday early and prices ended lower in moderate trading. The market was firming earlier but abruptly reversed course after news of the shooting incident outside a Washington hotel. Prices stabilised for
      1,101 words
    • 605 9  -  BY ALVIN TAY DRESDNER (Southeast Asia), Singapore's merchant banking kingpin for 1979, looks set to retain this position with its latest set of impressive results for 1980. Dresdner (SEA), the wholly-owned subsidiary of West Germany-based Dresdner Bank AG, was the top local merchant bank for 1979
      605 words
    • MONEY AND EXCHANGE$
      • 532 9 THE US dollar eased against most major currencies in the local market yesterday morning but picked up later in the day. News that President Reagan was not seriously hurt after the attempted assasination bid is believed to have a positive effect on the dollar. Against the mark, the
        532 words
      • 147 9 THE dollar yesterday moved ahead in cautious and nervous opening trading here as operators covered short positions taken up immediately after Monday night's news of the assasination attempt on US President Reagan, dealers said. The dollar advanced to 2.1035 45 marks after an opening 2.0950 65 which was in
        147 words
      • 147 9 THE US dollar yesterday firmed across the board in moderate late Hongkong trading, dealers said. They said European buying and encouraging news of President Reagan's condition after the assassination attempt buoyed the dollar, while news of the lifting of the strike threat in Poland was already largely discounted. The
        147 words
      • 46 9 RANGE of prices offered by discount houses on Mar 31 Overnight: X• to7 1 <'« Call deposits 6 to7'«'« Cloning Rmmg Selling 3-month Treasury bills 67/16 65/16 3-month Bank bills 11 11* 3 months CD 10 10 6 months CD 1015/1610 13/16 Source: National Discount Co
        46 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.77 per cent.
        22 words
      • 201 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Mar 31. Closing Asian dollar certificates of deposit for prime names on Mar 31: 7 days 1 month 2 months 3 months 6 months 0 months 12 months US DolUra(Spot) Offer Bid U". 14*. 14"» 14 l 14. 14'.
        201 words
      • 250 9 SINGAPORE gold futures yesterday closed sharply lower compared with overnight levels in moderate turnover, dealers said. The market opened firmer against New York closing levels following news of the assassination attempt on President Reagan but weakened around midmorning on profit-taking, they said. Total sales for the day was recorded
        250 words
      • 45 9 Mm rri New York 12 25B 12 75B 12 55S 13 05S Zurich 12 SOB I2 70B 12 90S T- 13 10S Singapore I ■r« 12 10B 12.75 12 50S 1315S Closing prices in US dollars a troy ounce Source: Credit Suisse, S'pore.
        45 words
      • 164 9 THE US dollar for overnight delivery yesterday closed at 211.40 yen, compared with a 209.50 opening here and a 210.25 75 close in New York overnight. It had briefly touched a day's low of 206.80 yen on news of the assassination attempt on President Reagan. The close was down
        164 words
  • Page 9 Advertisements
    • 72 9 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. c HBSHJVWT Goodwood Park Hotel 22 Scotts Road Singapore 0922 Tel: *****81/2 rV J' WALKERS TURNERS They will turn you on when you
      72 words
    • 134 9 APPOINTMENT Ta Times Periodicals invite applications for the post of Editor, Singapore Business. The successful candidate will lead a team of journalists in producing the oldest established economic monthly in the republic. His/Her duties will include planning, some writing, assigning and commissioning articles, sub-editing and editorial production. Applicants, preferably graduates
      134 words

  • 2015 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 A COMMERCIAL Allied Choc
    2,015 words
  • 175 10 SINGAPORE um TRurr (M«mph* prtM tar Apr 1) The Com mere* 3.80 4.00 The Savings Fund 2.09 2 20xd S pore Prog Fund 1.51 169 S pore Sec Fund 2.46 2.58 S pore Invest Fund 2.28 2.40 S pore Equity Fund 154 1 62 ASA UNIT TBl'ST (Mtatferi'
    175 words
  • 2830 10 Gr*a Gr"i Net 1980/1961 Laat Div Div Yld P/E Vol Day HiCk Low Company Sale +or- Crr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 361* 238' Acma 338 14.5 2.8 43 13.7 300 220 Alcom 300 12.0 23 4.0 17.0 200 116 Allied Choc 196 +2 4.0N
    2,830 words
  • 1876 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 tots of 1,000 units, unless otherwise specified. INIK «TRIALS *!»■■>*■ (3.1«8) AkM (3.006) A Ckae (2.18B) (4) 2 24
    1,876 words
  • 51 10 KING'S H«tel Singapore: AGM to be held at Unit 1604, 16th Floor, Hong Leong Building, 16 Raffles Quay. Singapore on April 3 at 10 am. PACIFIC DeveUpmeat Credit Bertukd: EOGM to be held at 9th Floor, Wisma Central, Jalan Am pang, Kuala Lumpur on April 6 at 3
    51 words
  • 719 10 NEWS sf a reMverlag US President Rtuld Reagan brought the market back an lt« feet la the after»— fnilawlag a weak maralag ■parked at! by news that the president had heea shat. Uacertalaty ruled fram the apeaiag hell la the maralag as aews sf
    719 words
  • 583 10 THE Kuala Lumpur stock market stabilised slightly after an initial round of sell* ing and prices generally closed mixed on the day. Some early morning jitters were (elt on news that US President Ronald Reagan had been shot. This triggered off some liquidation which forced
    583 words

  • COMPANY NEWS
    • 434 11 TROUBLE-plagued textile company, MWE Holdings, plans to acquire 12.785 million shares in Bulk Exports Sdn Bhd for M 512.785 million. Bulk Exports Sdn Bhd has been described as owners of palm oil bulking installations, a refinery and a kernel crushing plant. MWE Holdings
      434 words
    • 243 11 CELEBRATIONS at South East Asia Lumber Corporation appear somewhat shortlived. After the unusually scintillating results of 1979 with company directors then throwing in a one-for-one bonus issue, SEA Lumber announced disappointing first half results for the current year. Pre-tax profit for the six months to
      243 words
    • 214 11 TONGKAH Harbour Tin Dredging Bhd (THTD), which ceased its mining activities last October, has reported a lower profit before tax of |9T7,000 for the six months ended Dec 31, 1980 compared with $1.9 million the year before. This was due to a substantial reduction in
      214 words
    • 247 11 OBVIOUSLY beaefitlag from a buoyant property market, Baadar Raya Developments Bhd hat tamed in results ap ta expectations far the year ended Dec $1, lttt. Group pre-tax profit has been estimated by the property group at Mst.M million, which is aaly a whisker away
      247 words
    • 197 11 HOTEL Negara's net profit last year increased 14.8 per cent, better than the 14.3 per cent growth achieved in 1979. Audited net profit for the year ended Dec 31, 1980 amounted to $771,185 compared with $671,498 the previous year. This is the third consecutive
      197 words
    • 685 11  -  By THE CITY STAFF SOUTH Pacific Textile Industries has ambitious plans to build a multi-pur-pose commercial complex in Batu Pahat as part of the group's development programme. It has commissioned independent property consultants to conduct a feasibility study and plans have been submitted to
      685 words
    • 869 11  -  By WONG SOUK YEE LONDON stocking broking firm, James Capei aad Co, in its analysis of the equity market in Singapore and Malaysia, has picked a few counters for comments and recommendations. The firm said Inchcape Bhd's results for last year were somewhat below
      869 words
    • Market Talk...
      • 261 11 pre-tax profit attributable to Hume (FE) were reduced by $216,000 due to weakness in the ringgit. Hume (FE) also had to bear the $13.75 million cost of taking up its rights entitlement in Hume (M). Hume (FE) will have to pay six months' interest on its
        261 words
      • 54 11 in its March 27 bulletin of Forecast reviewed two specific counters Pahang Consolidated and OverseaChinese Banking Corp and gave its recommenations. With a strong rumour of a possible change of domicile from London to Malaysia and a likelihood of a conversion of the present par value of
        54 words
    • 145 11 NORTH Borneo Timbers has reported a 23 per cent increase in its log sales to 11.10 million cubic feet for the nine months to Feb 28, 1981 against the previous corresponding period. At the same time, its Sabah log production has risen by
      145 words
    • 132 11 JACK Chia-MPH has incorporated a new wholly-owned subsidiary known as Hotel Tai-Pan Pte in what appears to be its first step towards floating its hotel interests. JC-MPH said yesterday the new subsidiary, with an authorised capital of $50 million, has been incorporated for "internal restructuring"
      132 words
    • 149 11 SINGAPORE Finance's shareholders' funds and deposits to date have reached $220 million but these resources are still insufficient to meet the company's growth requirements. Speaking at the opening of Sinfin's ninth branch at Bed ok New Town, chairman Kwek Hong Png said that in order
      149 words
    • 434 11 3SKKL^ by HOCK LOCK SIEW NOW that United Industrial Corporation has revalued its Shenton Way Building, investors are wondering which listed company is next on the revaluation list. The number of companies rumoured to be revaluing their properties seems on the high side even after taking into account
      by HOCK LOCK SIEW  -  434 words
    • 624 11 TOKYl Lud Corporation announced that its US$40 million convertible bonds 1996 will be granted listing and quotation from 9.30am today. Dealings will be on a ready basis only. Quotation of the bonds will be expressed as a percentage of the principal value excluding accrued interest. TRANSFER books and
      624 words
  • Page 11 Advertisements
    • 134 11 Your executives can drive better cars and cost you even less. Here's where we come in. We have a fleet of Ford Granada Ghias for short or term rental. Rent one or rent a dozen. With no capital outlay. And because we are Ford distributors, every car in our fleet
      134 words
    • 272 11 NOTICE mi iLrJ S P P LIMITED ANNOUNCEMENT The Board of Directors of SPP Limited ("SPP" and the "Company") have today appointed Arbuthnot Latham Asia Limited ("Arbuthnot Latham") as independent advisers to the Company and its shareholders in respect of the takeover offer from Chevelina Pte. Ltd. ("Chevelina"). The appointment
      272 words

  • 198 12 AFP POLAND was at work as usual yesterday with independent union headquarters reporting that the order to call off the strike had been fully respected, despite vigorous grassroots protest immediately after the decision was announced on Monday night. The Polish government made
    AFP  -  198 words
  • 166 12 Reuter TRADE union leaders yesterday walked out of a hearing in Australia's Arbitration Commission as a battle over shorter working hours escalated. The union leaders walked out after the Arbitration Commission said it would continue to deal with an application by employers in the
    Reuter  -  166 words
  • 268 12 Reuter CHINA plans to exceed its 1979 record grain harvest of 332 million tonnes this year despite last year's drop to 316 million tonnes. A deputy minister of the State Agriculture Commission said, Du Runsheng, said production planned for this calendar year was 332.5
    Reuter  -  268 words
  • 536 12 Reuter PRESIDENT Reagan, recovering in hospital from the attempt on his life, was reported by his physician yesterday to be in exceptionally good condition. Mr Reagan, 70, hit by one of at least six shots fired by a lone gunman outside a Washington hotel, is
    Reuter  -  536 words
  • 856 12 LONDON, Tues. The market resumed its upward movement today after shrugging aside early caution following the assassination attempt on President Reagan, dealers said. At 3pm, the Financial Times index was up 6.6 points at 525.4. The market undertone had remained firm despite yesterday's slight softening, and institutional demand
    856 words
  • 64 12 AP NEW YORK. Tues The stock market rallied sharply in active trading this morning on word that President Reagan was recovering rapidly from the bullet wound he suffered yesterday afternoon. The Dow Jones average of 30 industrials climbed 10.00 points to 1,002.16 in the first half hour. Gainers
    AP  -  64 words
  • 211 12 UPI A RANKING member o» the Makati Stack Exchange (MKSE) in Manila was susprndrd for failing to settle debts totalling 64.8 million pesos (1558.39 million). Conrad* Pasenal of Pascnal Securities was ousted by tbe MKSE board after reportedly failing to clear obligations amounting to pesos
    UPI  -  211 words
  • 89 12 AFP THE WHOLLY ewaed nbgidiary *f Nlnk* Iwai C*rp, a Du)*r Jftpum trading arm, was dissolved yesterday becaase its presides t Incurred a Isss ti ateat II Ulliaa yea (ram trading la foreign exchange fa tare*. The saMdlary, Nisshaiwai (Haagkang), capitalised at HKS» miliiea, Is belag
    AFP  -  89 words
  • 333 12 THE MALAYSIAN MP for Tanjong, Mr Wong Hoong Keat and his brother, Mr Wong Hoong Yin, yesterday resigned from the Democratic Action Party (DAP) and joined the Malaysian Chinese Association (MCA). Mr Wong Hoong Keat told a press conference at MCA
    333 words
  • 179 12 A MEMORANDUM to seek a royal pardon for former Selangor Mentri Besar Datuk Harun bin Haji Idris was submitted to Malaysian Deputy Prime Minister, Datuk Seri Dr Mahathir Mohamad yesterday. A spokesman for the delegation which was formed to seek a pardon for Datuk Harun
    179 words
  • Page 12 Advertisements
    • 119 12 XLSUPER OFFER FOR SPORTS u -v'. > XL The thirst quenching drink for sports enthusiasts. In natural lime, lemon and honey flavour. Now at a very special offer. Stock up today! XL for thirst, for energy. You need^jjsp^ not pay $78,(WU to drive aVOiyO. Rent one! Pay a minimal rental
      119 words
    • 150 12 j ii b I r VERMONT It's the ultimate in super-luxurious maisonettes' VERMONT, ideally situated on elevated land bordered by Cairnhill Circle and Peck Hay Road, isone of me last few htghrise projects to be embarked upon in thischoice residential area VERMONT it's the beginning of an exclusive lifestyle J
      150 words
  • Page 12 Miscellaneous
    • 65 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Thundery showers in a few areas from around noon. Report for 24 hoars prior to 1.31 pm on March 31 at the airport. Maximum temperature 33.0 Associated humidity Minimum temperature 24.4 Associated humidity 9? Hours of sunshine 4.65 Rainfall in
      65 words

  • SHIPPING TIMES
    • 358 13 A THREE-day seminar on "The shipping business 1981" will be held in Singapore from June 3 to analyse and provide solutions to current problems faced by the shipping industry. The seminar, to be held at the Shangri-La Hotel, will have more than 25 speakers from
      358 words
    • 483 13  -  By G DURAIRAJ A FOREIGN supplier of underwater pipes and marine paint is expected to generate considerable shipping activity at Kuantan port during the next six months if he succeeds in securing a Petronas contract. The supplier, who declined to be
      483 words
    • PORTSIDES
      • 124 13 THE Port of Mina Zayed has gained approval from the Abu Dhabi executive council for five new deep-water berths costing U5554.5 million. The expansion project will add on to the 21 berths and two of the new berths will probably be for large container vessels with drafts
        124 words
      • 108 13 AP TENTATIVE agreement was reached on Monday to end a 14-day-old strike by 1,000 northwest tugboat workers in Seattle, a strike coordinator for the Inland Boatmen's Union (IBU) of the Pacific announced. "We have a tentative agreement contingent on the resolution of three addendums to the
        AP  -  108 words
      • 117 13 AFP CHINA'S Dalian Shipyard has proposed suspension of a project to jointly develop and construct bulk carriers with Hitachi Shipbuilding and Engineering Co. The shipping and trade news, quoting company sources, said Hitachi had accepted the Chinese proposal made when President Masao Kinoshita visited China early
        AFP  -  117 words
    • 796 13 ShJpplag Ume Page CM Shipping Line Page Achipelego vn l Fortune VI 5 Adriatic VI s Franco-Belg m 4 5 Alfa VI 3 Frata NVOC VI 2 Afro Eurasia VI 2 Freight vm 5 A1 Navigation VI 2 Frota V Alfred CT vni 2 Fujiwara VI 3
      796 words
    • 963 14 RECEIV ING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Ever Light 66-07W 30.3.81 0700 Green Asia TA 3 TT A1 Wattyah 12 30.3.81 0700 Sealord 50 VC Bunga Penaga
      963 words
    • 1529 14 BROKERS reported quiet grain chartering on Monday but rates generally held steady with an unchanged US$2O fio being paid for a cargo from the US Gulf to Bilbao for March April, while $20.25 was again paid for an April cargo from Long Beach to west coast Mexico. Coal
      1,529 words
    • 404 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Alphac Asia (hauls after Muehlhausen sails) 31 32 Corral (1800 after Ru Yung) 45 Iweri (1700 after Golden Globe) 24 Jenson (0700 22 Jenson II (0700} 23 Kota Pahlawan (0700) 10 Miwon (Tanker) (after Blue Kochi, subject gas free, D L) 35
      404 words
    • 1186 15 MEDITERRANEAN shiprepairers are expecting a "boom" in repair work with the reopening of the Suez Canal. Some yards embarked on large expansion plans, and now the area boasts some of the most up-to-date shiprepair facilities in the world. Two of the largest drydocks there Malta Drydock's Red
      1,186 words
    • 223 15 FIVE American steamship companies have asked the US Federal Maritime Commission to approve a new set-up for ocean freight rates which they believe will increase trade with China. The new agreement, which they hope will be approved by July, would create three "flag
      223 words
    • 201 15 BARCLAYS Development Capital Ltd, a wholly-owned subsidiary of Barclays Bank, has bought 28 per cent of the shares in Dasic International. It has also invested another £200,000 in Dasic to help finance the substantial growth in sales expected over the next three years. Dasic of
      201 words
    • 1273 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      1,273 words
    • 110 19 ETA ETA ETA SPORE KUANTAN PORT KELANG MALDfVE NOBLE 2/4 Loading For Jebor Mi MALDfVE PWfER 10/4 Loading for Jeddah MALDfVE NOVEL 5/4 Loading for Kuwait MALDfVE PRIZE 2/4 27/3 Loading For Bahrein/ Dam mam Kuwait/ Dubai MALDfVE MPOfiTER 7/4 Loading For Male MALDfVE NEIGHBOUR 15/4 Loading For
      110 words
    • 636 20 AFP US GRAIN rates recovered from their low levels of six months and fresh interest developed in US coal cargoes on the freight market last week following the tentative agreement over the American coal miners' pay dispute. The traditional spring recovery in rates appeared
      AFP  -  636 words
  • Page 13 Advertisements
    • 531 13 Everett Lines I FOR THE MOST FREQUENT SAILINGS TO BANGKOK HONC, KONC. JAPAN Bl IS AN CHtT T A GONG CALCUTTA CHALNA RANGOON BUENOS AIRES NAANZANtttO AC APIA CO Everett Steamship Corpn. S/A Clifford Centre Singapore I Tel ***** 9 36 Beach Street Penang Rm 36 103 OCBC Bldg Tel
      531 words
    • 228 13 HSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES j S pore Loading tor BN SHUHAD V 33 BM Al BEITAR V 33 11/4 m 24/4 [Mina Qaboos (6/5). Kuwait (9/5). Damnum (12/5), Doha (15/5). Dubai (11/5). Abu Dhabi (21/5) FULLY CONTAINERISED SERVICE I ill' Loading for Dubai (3/5),
      228 words
    • 890 13 FOR PEOPLE WHO MATTER Timos Per xJicj's Publication MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC. GULF, ATLANTIC, EAST CANADA, ASIAN PORTS ♦to* TO? m JJ2SJ232Z] Wi ftp.!} Saied 4-5/4 11-12/4 11-19/4 25-26/4 2-3/5 9-10/5 16-17/5 23-24/5 AXEL MAERSK* ARNOLD MAERSK ALBERT MAERSK ADRIAN MAERSK ANNA MAERSK ALVA
      890 words

  • Page 14 Advertisements
    • 792 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 Contain* Service To Europe feeder *P KeUng Vessel Spore 1) Mseilles 2) Rdam 3) H burg 4) GtMirg B DAHIIA 1 4 8
      792 words
    • 272 14 815 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA MM I SMUTCH t KitiMf Paw* IMarta •«u f*«M» IWar Barber priam" Apt "TSU" t barber taif- ip. 17 -barber memnon h> 21. -barber toba" «»»2 «U KSStIS KITH SMCAPOM At BBS TUMMAI GODOVM 47 TO: PANAMA US ATLANTIC EAST
      272 words

  • Page 15 Advertisements
    • 913 15 P.T. PERUSAHAAN PELAYARAN ANGKUTAN PERTAMBANGAN SPECIAL ANNOUNCEMENT INDONESIAN CONTAINER SERVICE NEW JAKARTA-SINGAPORE-PKLANG CONTAINER SERVICE We have pleasure in announcing our fully container feeder service from Jakarta-Singapore-Port Klang VV, weekly service. The first sailing will commence with "TAKARI II" Voy. 233N8 ETA PKlang on or about Bth April. For further information
      913 words
    • 540 15 NOTICE r SCAN SEA LINE STOCKHOLM M.V. MANTHOS LOADING SINGAPORE 4TH APRIL FOR TUNIS LATTAKIA AND OTHER MEDITERRANEAN PORTS (SUBJECT INDUCEMENT) ROTTERDAM HAMBURG ANTWERP (SUBJECT INDUCEMENT) For freight rates and details please contact: FMTA SHIPPING PTE LTD TEL: *****04 Franco Belgian Services F.i tFa Frr.ch Vm »f« fl« in A.jr
      540 words

  • Page 16 Advertisements
    • 764 16 Hapag-Lloyd 10 NORTH EUROff Kowloon Bi< City ol iortwrC Osaka Ban Elbe Mam Benatto* TO MEDITERRANEA Cbe.j*-' De Blon Hit iti Maru TO NORTH EUROPE, MEDITERRANEA/ S pore PK j Pen Bilbao Genoa H Burg B na.en Rdam Antwerp m,e**«n 5 4 f'.f! 4 12 410 5 7 5 5
      764 words
    • 634 16 KOREA SHIPPING CORPN VEGA 159H VEGA 160E ALT AIR 163W ALT AIR 164E P. Kelang 16 20 Api* 16-20 Apri 18 22 May 18-22 May PENANG 21-24 April 21-24 Apri 23-26 May 23-26 May SPORE 26 29 Apri 26-29 April 28 31 May 28-31 May FROM BUSAN BANGKOK TO BUSAN
      634 words
    • 524 16 +1 EVERGREEN LINE 1 FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONDON, MANCHESTER. BIRMINGHAM, BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY HOLLAND AMSTERDAM S pert MM Rotterdam Feiistovt Antwerp It Hint Ever Vktor, 104 10/04 2/05 405 7/05 tO5 EverLarte 17/04 27/04 1/05 10/05
      524 words
    • 920 16 Everett Lines! Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE* LOADING FOR RANGOON Acctplnf c»|« In MR and Up«i Onl* Sparc PRtUnj ftmnf PA an Pf3o3 2 Apr HTONfNA 3> b fcp. l*«rt2A<>r MTOIAATIIA*" l/»Apr M U li/ll Apr B F SS C Agents >n Moloysro BCRJSTE A.O SHIPPING TEL
      920 words
    • 491 16 OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE GENERAI AGENTS CONTAINER BOOKING SUB 4GENTS P HEtANG PENANG OCf AN SMPPWG I ENTERPIttSIS PTE UD SINGAPORE TU *****44 7 ft *****70 K LUMPUR TEI *****4 *****4 0«W SMPPMG SPOtt TU *****44 <7 I*l*l S CONTAOtR t KEIANG TEL 6347 »73
      491 words

  • Page 17 Advertisements
    • 883 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HOOEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) IST CALL COLOMBO 11-13/4 13-14/5 11-12/6 HOOEIDAH 20-20/4 20-20/5 18-18/6 22-22/4 22-22/5 20-20/6 AOABA 24-24/4 24-24/5 22-22/6 S PORE •FCL Closing at PSA ON S/4/81 ISOO HRS Accepting LCL CArgo to Aqaba S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA
      883 words
    • 920 17 io mux Kowloon Bay City of EdMwgti (Hi*! Bir EbeMaru Bemttow Honftoof Eipress Himfcaj Eipress BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE MBURG BHAVE* 6-DAM HAVRE SO TON Spore P Manj M Germmy AuStr.l Antwerp fringe Alt U 4/4 5/4 ?7/« 5/5 25/4 l/S 23/4 4/S 30 4 34 4
      920 words
    • 1039 17 Kc I 1 y\ 71 I I J? Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/WC/SCAN P l* o"*'0"*' I snor? 1 IMseillesZß dam j HburjA.G IKi', Feeder l«eder i 8 GAMIIA 4 6 14 4 B DAHIIA i; 4 B Pf«IAGA .'4 4 B DA*|A i>) fi PfNAiA
      1,039 words
    • 647 17 BOUSTEAD SHIPPING AGENCIES SINGAPORE «to Reunion Ourbon Copetown Pt flu BANK LINE FOR REUNION SOUTH AFRICA balder zea Dawn Lykes/4 Lines U.S. WEST COAST SERVICE Doect from SfO Lbcft LESLIE LYKES Sid Sid ASHLEY LYKES 19/4 16/4 S tte Tac "BC 20/5 21/5 23/5 17/6 18/6 21/6 (a* nessels aho
      647 words

  • Page 18 Advertisements
    • 894 18 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEEDfR VESSELS* PK Kai Shun 12N S« UfM< iwdet «eswh aho a.adable on re<p*st Cufon Mit acceptable tor Oakland. Vancou»er. Portland. Houston. Galveston Htm Orleans Boston St Mm PWadefehu Nortofc BaKmore Snarmah iackunrik TO EUROPE Spo'e P Kelang
      894 words
    • 643 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE loadni to lOS ANGEIES SAN FRANCISCO SEATTLE IACOMA VANCOUVER BC Acceptmt FCI/fCI ContwctJ P Ming S>njjpoit I AnpMs VBHVA PAIIRIT 3 Apr A Apt 30 M AUSTRALIA EXPRESS CONTAINER SERVICE Acceptni FCI/FCI CsntMien VBHVA ASHA NEW ZEALAND SERVICE lu*| <m DUN DM UTTUION.
      643 words
    • 499 18 SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR. OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1( 14 LINESI TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A/B CARSHIP CABLE CARGOSMIP Kc«|ional Container Lilies WEEKLY CONTAINER SERVICE 10/trorYi BANGKOK VOY 75/ m 5S lON BS/9* 105 ll* 9S/10N US/1211 105
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    • 571 18 KORINS MARITIME SERVICES i» Room 601. ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 PTE 1 MIDDLE EAST/RED SEA/EUROPE SERVICES KOSIM MNMNGNO 17 VESSEL LOADING FOR Kwwt Ounmjr Band* kbbil B Dmw Kim \X\SAM ICk LII\tS I Hitaifecf tNe Samel tniK* $1 C««*awts LMER SERVICE FROM
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    • 788 18 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone **********4057 W 5 ark* MBIO4 NORASIA WBIO9 NOR ASIA N8110... Agents Stntxmt K. Lianpw Pmm MOLAR WEPEMJENT SEltVia TO EUROPE S pore P Keiang Penang load** tor 10 Apr 7 Apr BOUOGM R'DAM UK(AVON) 3 Mi) 7 May -do
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  • Page 19 Advertisements
    • 561 19 NEPTUNE ORIENT LINES LTD t FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): nem&er o< the »CE Consortium MERC A TOR 22H+... K. JACEJIN 9W 0. CHEF 24W N. JADE 2* HK CONTAINER 25W. C. CONTAINER 11W... N. GARNET 5W Also accepting cargo to/from Scandinavia MERCATOR S pore Closing
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    • 212 19 t j KASTKHN CAU I.INKU. I.TI). SfKutol m HO/RO twvtM Mm KCtptw* mtaed/pAM t»[*i let lapan and Tamai ei Spirt Rett East Maiariun porti Wb|*tt miw wpmnienl For ptnw C|J 22MC77 (S'pve) SOON KIAT SHIPPING PTE LTD 1905 I 1906 19tti rt. Slwnton Hon* 3 Sfcenton *a» S pore 0106
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    • 190 19 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULOMG 55. Martet Street Sinfapore 0104 Telephone Nunbers *****3 (10 Lines) Cable Address SMSOV SMGAPORE Tele* Numbers RS ***** RS ***** RS 2510* P KELANG «t/S SHARKAT WAH SOON SDN. BM>. IST ANO 2ND FLOOR. NO 1, JALAN CEMPENWG. PORT KLANG. MALAYSIA
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  • Page 20 Advertisements
    • 752 20 THAI YANG SHIPPING CO SDN BHD Voi No PHeUnf Oestmatio •M V IHA! VANG WOT 311 In Port Mr' MV THAI TANG VOT 411 1,9 Apf Mki M V CNOON VANG VOT 1/11 3, A Apt >fa K» NAM HUA SHIPPING SDN BHD MILLION SHIPPING SDN BHD MV MUION NO
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    • 406 20 PEACE LINE Regular container FCL/LCL services to Australia Sydney, Melbourne, j. Adelaide, Brisbane Europe All ports including UK CONTAINER _S«mfICES Andersoe V2O(T/S) 10/4 Auckland, Bluff, Port Balderoe V2I(T/S) 9/5 Chalmers, Napier, Touronga, Lyttleton, Timaru Also calling Hong Kong, Taiwan Japan LAGOON SHIPPING LINES LTD. BANGLADESH Singapore Loading for: SAUDI FORTUNE
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    • 398 20 ft JOHORE SHIPPING l/Y 161 lAIAN TFNGI WCQ* sh&N( HAY ATI V. 5/81 HAY ATI V. 6/81 HAYATI V: 7/81 HAMDAH V: 6/11 HAMDAH V: 7/81 HAMDAH V: 8/81 TFNGHU BAOAR PORT KFIANG SfIANGOR MAIAYSIA HAJ SHIPPING SDN. BERHAD l Express Unrtload Service from P Kelang East Malayw I Brunei
      398 words
    • 474 20 X C3ESH3B® KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Rot* S pore P Wang Penary S pore To*yo Kobe NOW BAT ft 9/4 10/4 21/4 23/4 24/4 26/4 9/5 10/5 KMOSTMV3 27/4 2«/4 10/5 12/5 13/5 15/5 2S/5 29/5 SaKJOTK Boustead Stm *****4/*****5 W MALAYSIA Harmon
      474 words
    • 438 20 OCEAN LINES I REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE I Also auept.ng cargo tor f>,,eu Bou'gas Constant subieit to inducement i S pore PAelanf Penan; Uatfirv tor OCEAN ACE j V 13WB 21 Apr Port Sad Ateundru Lnussol Praeus Berut Lattaku OWNED VESSELS SAGASIA PTE LTD. (LOUtS DREYFUS GROUP
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  • Page 20 Miscellaneous
    • 185 20 £2 M VI i a 2 Ir, IB 1 .ii I n s a 15 IP Lr SK Ar 3 i.N I A m< S iE&p^ is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Temperature Shower Weather /V Wind direction with speed
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