The Business Times, 24 April 1981

Microfilm: NL11000
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, APRIL 24,1181 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Call for textile tax
      69 1 AP BRUSSELS, Thurs. A European Parliament political group called on the European Economic Community to establish a temporary tax on all imported textile products. The 22-member European Progressive Democrats group said the tax would help increase EEC revenue and save the domestic textile industry, which the
      AP  -  69 words
    • Article
      Lock icon Energy ministers to meet
      61 1 AFP KUALA LUMPUR, Thurs. Asean senior officials will begin their three-day meeting here tomorrow to prepare the groundwork for the second meeting of their energy ministers. The ministerial meeting on Monday and Tuesday will follow-up on the areas of cooperation identified at their first Bali meeting
      AFP  -  61 words
    • Article
      Lock icon Inflation rate down
      39 1 UPI MANILA, Thurs The country's inflation rate declined to 12.64 per cent last March, the lowest recorded since 1979. The announcement of the Malacanang press office quoted findings released by the National Economic Development Authority. UPI
      UPI  -  39 words
    • Article
      Lock icon Japan seeks explanation
      69 1 AFP TOKYO, Thurs. Japan today sought a full explanation from the Soviet Union about an unexpected live shell firing drill yesterday by a Soviet destroyer in the Sea of Japan where Japanese fishing boats were operating. The request was made by Hyodo Nagao, chief of the first
      AFP  -  69 words
    • Article
      Lock icon Oil exploration
      55 1 Reuter WELLINGTON, Thurs. The New Zealand government has signed a major contract with two US companies to start oil exploration work off the country's southern coast. The government, with its Petroleum Corporation (Petrocorp), signed the contract involving Hunt International and Phillips Petroleum, and the New Zealand-based Impel (NZ)
      Reuter  -  55 words
    • Article
      Lock icon Iranian team in Moscow
      66 1 AFP TEHERAN, Thurs. An Iranian trade delegation left yesterday for Moscow on a trip which points up Iran's pragmatic "business as usual" relationship with its powerful and resented northern neighbour. Only four days ago the deputy speaker of the Iranian Majlis (parliament), Ali Akbar Parvaresh, accused
      AFP  -  66 words
    • Article
      Lock icon US cost of living rises
      104 1 AP WASHINGTON, Thurs. It now costs the average American family of four more than U5523,000 a year just to maintain a moderate standard of living, the US Bureau of Labour Statistics said. It said that a family composed of a husband, non-working wife and two
      AP  -  104 words
  • Chief Price Changes
    • Article
      SINGAPORE
      133 1 Rises Indices M A A 550 250 Apr 22 Apr 23 H Leonf Credit 985 75 B.T. Indicator: *****.55 *****.73 Gentiags 1470 70 Industrials: 850.71 853.69 Ambiiudor Sea View Bousteadco 700 900 505 80 55 45 Finance: Hotels: 1703.13 1744.29 1333.21 1341.55 G Ceramic* 540 40 Properties: 869.80 863.53
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    • Article, Illustration
      KUALA LUMPUR
      144 1 Falls Indices Taiping Text 376 H Leong Credit 1060 Per lis 1240 PMC 1610 PCarWde 452 Fusan 380 Palmco 545 Tasek 635 Pan Elect <24 M Flour 362 Rises Tan Chong 750 B Raya 920 Boustead 9TO M Bank 1050 OCBC 1740 -44 -40 -40 -40 -32 -30
      144 words
  • Article
    Robin Holdings in $2.9b venture
    623 1  -  JOINT PROPERTY PROJECT By FLORENCE CHONG ROBIN LOH, a shipping magnate and founder of the Robin Group of companies, has entered into a joint venture with a Queensland property company to develop what may be Australia's most costly residential development. Mr Loh's partner is Mr
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  • Article
    Far East Plaza lease for Metro
    322 1 METRO department store will be the anchor tenant for the newest shopping centre in town, the Far East Plaza on Scotts Road. The Metro group has leased the lower ground floor which has an area of about 5,100 square metres. The group has negotiated
    322 words
  • Article
    Maize dealers face 80,000-tonne glut
    524 1  -  By WONG AI KWEI LOCAL maize and animal feed dealers are now faced with a glut of maize and the situation is expected to worsen when the new Thai crop is harvested next idonth. According to several maize dealers interviewed by Business Times, stocks are
    524 words
  • Article
    Boustead revalues assets
    318 1 THE Boustead group, which yesterday reported flat earnings for 1980, has chalked up a huge revaluation surplus of MSIIS million on 'its property and plantation assets in Malaysia. A revaluation of Boustead Holdings's properties at the end of last year threw up a surplus of $61 million
    318 words
  • Article
    Results of ninth URA land sale out next week
    267 1 THE Urbu Redevelopment Authority will unouace the Jong-awaited remits of Its ninth land sale early next week. The sale Involves 21 plots sf land. Because of very stiff competition, property developers are audonaly looking forward to the list of successful W*
    267 words
  • Article
    Why rubber prices rose 18.5 cents
    357 1  -  By ALVIN TAY TECHNICAL squeeze hit the Singapore rubber market yesterday sending rubber prices higher by a hefty 18.5 cents per kilo during morning trading. Rubber prices have been losing ground steadily since the beginning of this year. In April, this fall quickened, sliding
    357 words
  • Article
    Key EDB man resigns
    131 1 THE Economic Development Board's divisional director of manpower and planning, Mr Ong Wee Hock, has resigned. Mr Ong has in the past four years been increasingly recognised as a government authority on manpower development in Singapore. He has also played a key role in negotiating, with
    131 words
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      Page 1 Advertisements Column 1
      10 1 Outstanding copy quality 1 And staMtty EPS2O See Page 2
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      Page 1 Advertisements Column 2
      298 1 We have a history of making money grow jg£ Lombard North Central is part of f one of the world's largest banking groups and we have a history 5 G S j covers more than 100 years. K m jw j We offer a range of deposit JMjjfll IBJFj schemes
      298 words
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      Page 1 Advertisements Column 3
      69 1 ~$_+*>]"&>\/\$){!|%'?`%/(<"+},= HONGKONG garment makers op In arms I WORLD trading system nnder stress 3 UNITED States reviews foreign SHIPPING TIMES REGULATING apprenticeship training of printers 5 SAUDI Arabia Industrialising in a harry MULTI-PURPOSE Holdings to economic policy J raise capital TV AND RADIO S, CROSSWORDS t, WHERE TO WINE AND
      69 words
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      Page 1 Advertisements Column 4
      54 1 READ AGOOOBOOK RECENTLY? FIND IT AT C limes Bookshops iMMTHOr.lkwtf >11' n ».<•»* I •WCA 4 4U 'Oft O-ivi -no J '2777 w*<* Leader...page I HERMES SWISS PRECISION i S v»^ For further information and free demonstration, please call: THE EAST ASIATIC COMPANY (SINGAPORE) PTE LTD Dtnm.uk Hoiiv. 6 R.illJo
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  • REGIONAL
    • THE REGION IN BRIEF
      • Article
        Lock icon MISSION TO SELL STEEL
        431 2 Agencies FOUR Japanese steel companies will send a mission to Moscow next week to negotiate sales of large pipes for a 5,000-kilometre natural gas pipeline from Siberia to Western Europe. The Nippon Steel Corporation said yesterday the negotiations follow talks in Tokyo last month during which
        Agencies  -  431 words
    • Article
      Lock icon Canberra agrees to takeover deal
      117 2 AFP THE Australian government has dropped its objection to the takeover of the South Australian specialty food distributor, Alphafoods, by the wholly American owned Beatrice Australia Pty Ltd. The Australian Treasury has decided to allow the acquisition on the understanding that Beatrice Australia will, within
      AFP  -  117 words
    • Article
      Lock icon Group plans areas of cooperation
      404 2 UPI FOREIGN secretaries of seven Asian nations meeting in Sri Lanka have identified areas of cooperation to be covered by a regional Asian grouping the countries will form, a conference spokesman said on Wednesday. The spokesman did not identify the areas of cooperation but said
      UPI  -  404 words
    • Article
      Lock icon India's food-for-work scheme hits snag
      523 2 Reuter LOW grain stocks have forced India to alter a novel food-for-work programme that helped give the countryside badly needed new roads, schools, wells and irrigation. The scheme, started four years ago, used part of the stockpiled foodgrains to pay millions of rural unemployed for
      Reuter  -  523 words
    • Article
      Lock icon Hongkong reacts angrily to EEC warning
      288 2 AP HONGKONG'S textile and etothlag iadastries reacted angrily on Wednesday to a waraiag by the European EeMMnk Cammaaity that It will tightea Its defences agalast fraadalent textile Imparts. A statemeat from the EEC la Geaeva said the Earapeaa commission plans to reteferee easterns eooperattoa,
      AP  -  288 words
    • Article
      Lock icon Defence chief urges more power for army
      495 2 AP THE HEAD of Japan's Defense Agency has presented an interim report to the Diet (Parliament), advocating legislation which would make it easier for the country's self-defence forces to respond during national emergencies. The proposals are expected to meet strong resistance from opposition
      AP  -  495 words
    • Article
      Lock icon Efforts to persuade Tokyo's carmakers
      336 2 UPI TOKYO has launched fresh efforts to sell a compromise car export plan to Japanese car chiefs, who are resisting voluntary curbs on sales to the United States. Heads of the seven firms Toyota, Nissan (Datsun), Honda, Isuzu, Mitsubishi, Toyo Kogyo Co and Fuji Heavy
      UPI  -  336 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      467 2 NOTICE 8250 A reputable Bank is upgrading its Computer System and has a fairly new and well-maintained NCR 8250 Computer System for sale at a very reasonable price. Configuration are as follows: (1) Oim NCR System with 128K Bytes MOS Memory (2) TWo *****402 9.Bmb Intergrated Disks (3) One 7330
      467 words
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  • OVERSEAS
    • Article
      Lock icon Cutting curbs on farm goods will benefit poor
      356 3 AP AMERICA and poor countries would benefit if richer nations including the US were to cut in half their restrictions on the import of farm imports. A study by Alberto Valdes, a former professor at Universidad Catolica De Chile, in Santiago, estimated
      AP  -  356 words
    • Article
      Lock icon Remedies for ailing car industry
      246 3 AP IMPORT restraints and labour concessions will be necessary to help the US car industry recover from its record losses last year. Replying to Commerce Secretary Malcolm Baldridge, Ford Motor Co chairman Philip Caldwell said in Michigan on Wednesday that his company has cut annual
      AP  -  246 words
    • Article
      Lock icon Worldwide trade disputes reach record heights
      296 3 Reuter THE WESTERN world's trading system is under stress and international trade disputes have reached record proportions. This comes at a time when the growth of commerce has slumped and governments face great pressure to impose protectionist barriers against foreign goods, says the General
      Reuter  -  296 words
    • WORLD IN BRIEF
      • Article
        Lock icon STEREOS FOR RENAULT
        473 3 Agencies FRANCE'S largest carmaker, will use Japanese car audio equipment under an agreement with Clarion Co of Tokyo, Japan's top maker of car radios and stereos. Renault will sign a contract for joint technological development in May with Clarion, an affiliate of Japan's second largest carmaker Nissan
        Agencies  -  473 words
    • Article
      Lock icon Radar planes are no threat to Israel
      585 3 AP THE REAGAN Administration has acknowledged that the five advanced radar planes it wants to sell to Saudi Arabia could be used against Israel. "Prudent Israeli planners clearly will have to take this possibility into account in preparing their calculations for a possible
      AP  -  585 words
    • Article
      Lock icon US reviews overseas economic policy
      405 3 AFP THE REAGAN Administration has begun a complete re-examination of overseas economic policy and a plan is being drawn up to boost exports. Secretary of Commerce Malcolm Baldridge and President Reagan's Special Trade Representative William Brock said the new policy would put the accent on
      AFP  -  405 words
    • Article
      Lock icon Swiss are the richest people in OECD countries
      416 3 UPI THE richest people in the industrialised noo-commu-nist world last year were the Swiss. The United States had the most young people in school and the West Germans are the biggest tourist spenders. So says the newest book on comparative data on
      UPI  -  416 words
    • Article
      Lock icon Fall in profits at Standard Oil
      149 3 Reuter STANDARD Oil Indiana, the sixth-largest US oil company, lost USs2otfs million on its worldwide refining, marketing and transport operations in the first quarter of this year. The company said profits for the quarter were $376.7 million, a 35 per cent decline from |576
      Reuter  -  149 words
    • Article
      Lock icon SPURT IN BUSINESS GROWTH EXPECTED
      130 3 Reuter SALOMON Brothers chief economist Henry Kaufman said yesterday he expects a new spurt of growth in US business activity in the second half of this year. He said that "some slowing in the pace of economic activity is probable this quarter," but is optimistic
      Reuter  -  130 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      805 3 ARRIVALS Service Local Operator Number Time From GIA GA850 1030 HLP GIA GA908 1045 MES SLA SQ103 1045 KUL MAS MH605 1045 KUL PAL PR501 1055 MNL MAS MH682 1115 KCH SIA SQ240 1125 MES SN SN277 1130 BRU AUH BOM' KUL KLM KL833 1230 AMS VIE
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      32 3 S. WALKERS TURNERS They will turn you on when you listen to them singing at the Lobby Bar. Nightly from /.30 pm to 1.00 am (except Sundays). Aare/ \l><7uararia/ SINGAPORE Tel: *****31
      32 words
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      Page 3 Advertisements Column 2
      109 3 Presenting CLASSIC BLACK f*y zJP 1 4/ 7.1.1 *.i r .i'jiJtettrj/**] 7 > i J v v v f 0 r* t </ < r. J r? v 4 > I r -r' i < c. ,3 t vj&, r/ 3 r 4 St. —> V: o f ft V.
      109 words
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  • RAW MATERIALS
    • Article
      Lock icon Rubber slump in Sri Lanka causes pain
      332 4 Reuter THE slump in the Sri Lanka rubber market is causing such hardship to smallholders that President Juius Jayewardene yesterday asked the trade ministry to take immediate action to remedy the situation. State minister, Anandatissa de Alwis said that acting trade minister, MS
      Reuter  -  332 words
    • Article
      WHEAT
      214 4 WHEAT futures in Chicago on Wednesday closed down to 2'/t cents a bushel, near the middle of a five cent rangeAggressive scale down purchasing by a commission house in afternoon trade, estimated at 3.5 million bushels of July, held nearby s relatively steady, traders said. However, steady speculative selling
      214 words
    • Article
      SOYBEAN
      188 4 SOYBEAN futures closed down 6V« to four cents a bushel, at or near the bottom of a 13 cent range. Traders attributed the late decline to professional and wire house selling and dried-up buying interest. Sell-stops were touched off when values penetrated lows made earlier in the session which
      188 words
    • Article
      Straits Tin
      73 4 THE STRAITS tin price in Penang yesterday rose II cents to Ms3f.3l a kilo, still within the International Tin Agreement's middle range price of 13f.1l to $32.74, dealers said. The rise was mainly attributed to continued lower disposals of tin, despite easier overnight London Metal Exchange advices and
      73 words
    • Article
      CLOSING PRICES
      34 4 Rubber: April 23 Singapore: May: 263.00 cents (up 15.50 cents) Malaysia: May: 282.00 cents (up 12.50 cents) Tin: M 530.31 per kilo (up 10 cents) Official offering: 115 tonnes (down 14 tonnes)
      34 words
    • Article
      Malaysian duty rates
      86 4 THE Malaysian Minister of Finance has fixed these rates for the period from April 23 until further notice: Bafefeer: 274 cents a kilo for RSS One; Capra: MJ620.00 a tonne; Palm kernel: 5955 75 a tonne; White pepper: $3,592.00 a tonne; Black pepper: $2,272.00 a tonne; The
      86 words
    • Article
      Lock icon US OFFERS WHEAT TO RUSSIA
      89 4 Reuter THE Reagan Administration will offer the Soviet Union two million tonnes of wheat in a phased lifting of the 15-month-old grain embargo, a senior US official said. The official could not comment on the timing of the move, but CBS television said the White
      Reuter  -  89 words
    • Article
      RUBBER
      241 4 IN Singapore yesterday, rubber prices closed sharply higher with May One RSS buyers quoted at 263.00 cents a kilo, up 15.50 cents from Wednesday's close, dealers said. Morning prices were marked up about 18.50 cents on higher London advices, nervous short-covering demand and reserve of sellers with May One
      241 words
    • Article
      RAS PRICES
      374 4 RAS prices in cents per kilo yesterday Noon (per kilo) Buyers Sellers Int. 1 R.SS. prompt f.o.b. 257.00 258 OON Int 1 R.S.S. May 260 00 2B100 Int. 1 R.S.S. June 256.00 259 00 Int. 2 R.S S. 230 00 *****N UK Coat 229 00 230 00N Int.
      374 words
    • Article
      SSR and SMR
      135 4 NOON SSR and SMR pncee yeeterdey EA8 May Jane (Carnal Mtk) (Forward Mtk) Bayer* St tile re Be vera Se iltora SSR 20 (1-taa pallet t) 231.00 233 OON 233.00 235 OON SSR SO ll-taa peilei t) ***** 230 00N ***** 232 OON MRELB May Ja ae
      135 words
    • Article
      Produce exchange
      174 4 CHINESE Pr«4iee Exchange, Singapore, ilwiag prices per IN kg yMtcfdftj, CMwaat ad: Bulk fob $115.00 sellers, old drum (in second hand drum) fob $128.00 sellers, new drum fob $134.00 sellers. Capnt: Mixed (loose) $63.50 buyers. Pepper: Muntok white pepper fob Asta NLW $412.50 sellers, Sarawak white pepper faq
      174 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) r«tt— vara: China Blue Phoenix 20s 2.280 32s 2,800, 40s 3,060 (per bale of 400 lbs). Piece geeis: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      RICE
      325 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent drst class (Kangaroo) new crop 1.30, 100 per cent second class 1.06, 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, Special
      325 words
    • Article
      LONDON MARKETS
      663 4 COFFEE: Robusta futures yesterday ended a dull and featureless morning showing losses of £3 to £5 a tonne with only seven lots traded at the midday call. SUGAR: Raw futures were fully steady yesterday morning, closing around session highs with on balance gains of £6.60 to £5 a
      663 words
    • Article
      PALM OIL
      131 4 THE Kuala Lumpur market yesterday closed mixed in quiet trading, dealers said. In April the southern region dropped M 52.50 to ♦970 a tonne. In May the central and northern regions were traded at $945 and $970 respectively, while in June the south finished $8 higher at $945.
      131 words
  • ASIAN STOCKS
    • Article
      Share prices ease slightly
      432 4 TOKYO SHARE prices yesterday eased slightly on profit-taking in big capitals but high-priced electricals and precisions rose sharply on foreign purchases, dealers said. The market average shed 9.50 to close at 7,523.72 in fairly active trading, with volume 580 million shares. The Tokyo Stock Exchange index
      432 words
    • Article
      Sydney
      199 4 APR B Cnu INDUSTRIALS A. C. L U unch A N I A. P M 230 i uncn 1 unch Ampul Pet IK -u iMt -a Boral 346 unch m *3 Brambles r k a at at -n m -4 HUM Dun lop tats in 1 Ex. Ind nt
      199 words
    • Article
      Lock icon Hongkong
      286 4 Source BLUE chips led the way yesterday as the market broke out of its recent doldrums registering a 29.92 point gain on sharply increased turnover. Early buying appeared to come from overseas with small locals joining in later in the day. Hutchinson was up 60 cents to $15.80, Bank
      Source  -  286 words
    • Article
      Bangkok
      228 4 TRADING yesterday turned fairly active, but most stocks closed unchanged, dealers said. Thai Danu Bank was the biggest loser, dropping 10 baht to 245 Rama Tower declined one to 78 baht, Bank at Ayudhaya and Jalaprathan Cement each gained one baht to 156 and 112 respectively. APR BahU Ada
      228 words
    • Article
      Manila
      121 4 THE market yesterday closed mixed as turnover fell to 1.2 million pesos from a previous 2.7 million, dealers said. Seafront rose, while Ist Phil Holdings fell and others were either unchanged or untraded. APR S Paaoa A cox Mining jDOM M00Z Atlu Con A AUu coo. B m -a
      121 words
    • Article
      Selected indices
      51 4 FINANCIAL TIMES INDUSTRIALS Wednesday 564.3 Tuesday »6.1 Week Ago 548.1 DOW JONE8 AVERAGE INDUSTRIALS Wednesday 1007.02 Tuesday 1006.94 Week Ago- 1001.71 H.K.HANG SENG Thursday 1374-88 Wednesday 1344.94 Week Ago- 1360.84 AUSTRALIAN INDUSTRIALS Thursday 7572 Wednesday 754 9 Week Ago 7515 ALL ORDINARIE8 Thursday 724.1 Wednesday 726.0 Week Ago
      51 words
  • Article
    Interest rate fears dampen sentiment
    1105 4 NEW YORK STOCK MARKET NEW YORK stock prices on Wednesday ended narrowly lower in heavy trading amid continuing uncertainty about the outlook for interest rates and the economy. Analysts said while investors hope interest rates will not rise much over the nearterm, the longer view
    1,105 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      266 4 Mr Emile Woolf FCA, FCCA, Founder and Director of the Emile Woolf College of Accountancy, London will Thursday 23rd April to Thursday 30th April 1981 During his visit, Mr Woolf will be pleased to meet and address current ACCA and ICMA students as well as prospective students who wish to
      266 words
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      384 5 SEMINARS AND COURSES Apr 25 <g, 2pm: 17th Annual General Meeting, Cathay Restaurant, Singapore Society of Accountants Apr 25: Effective Sales Forecasting, SIM Conference Room, Singapore Institute of Management Apr 25: How to Negotiate Effectively with Banks, Hotel Equatorial (Sky Lounge), National Productivity Board Apr 26-May 1: Residential
      384 words
    • Article, Illustration
      Agreement on rig building
      282 5 A THREE-cornered cooperative agreement was signed yesterday between Bethlehem Steel Corporation of the US and Wah Chang International Marine Industry Company (Wimic), which is a joint venture between Guangdong Shipbuilding Corporation (GSC) of China and the Wah Chang International group of Singapore. Under the agreement, GSC
      282 words
    • Article
      TRADE OPPORTUNITIES
      74 5 MEMBERS of Asean and New Zealand chambers of commerce and industry will meet for the first time next week to explore opportunities for trade ana investment. The New Zealand representatives will be led by Mr Stan Hull, president of the New Zealand Chamber of Commerce and Industry. Mr
      74 words
    • Article
      The way to a brighter future
      186 5 TEAMWORK will be the main concern of about 500 residents of Marine Parade tomorrow afternoon. The residents will attend a seminar called Teamwork The Way to a Brighter Future organised by the Marine Parade Residents' Committee. the Citizens' Consultative Committee and the Community Centre
      186 words
    • Article
      Tsubakimoto factory
      98 5 A MANUFACTURER of power transmission products, Tsubakimoto Chain Company of Osaka, Japan, has 9et up a factory in Singapore to be closer to markets in this region. The subsidiary, Tsubakimoto Singapore in Jurong will manufacture conveyor chains, sprockets for roller chains and chain couplings, as well as variable
      98 words
    • Article
      Regulating training of printers
      334 5 I*HE apprenticeship training scheme of the printing industry should be regulated by law as in most industrialised countries, said the Master Printers' Association which represents more than ISO printers. Mr C G Harrison, director of the association, said its policy is to formalise the present informal
      334 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      173 5 DINERS World Travel has appointed Mr Lee Whee Chin, 42 as its divisional manager of outbound tours. Mr Lee was until recently tour planning executive with Singapore Airlines. He will be based at Diners' People's Park branch which recently moved into larger premises at units 425 and
      173 words
    • Article
      More bitten by travel bug
      283 5 MORE Singaporeans are now travelling abroad. Latest figures from the Singapore Tourist Promotion Board show that one out of eight persons leaving the country last year was a resident, compared with one out of nine in 1979. The number of returning residents increased 13 per
      283 words
    • Article
      Engineering conference
      59 5 THE Institute of Industrial Engineers (Australia) will be holding its ninth national conference and its first outside Australia, in Singapore from July 26 to 31. The conference, Pan Pacific Productivity Potential, will deliberate on the theme, 'Development in industrial engineering for future prosperity'. Lecturers and consultants from five
      59 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      183 5 Now, I—youcanbe i a guest of the fgiSfi «|fltlllilii! President Meiiin. tt re are proud to announce the VYopening of yet another Merlin. Situated in the heart of the Cosmopolitan City of Singapore, President Merlin Singapore offers you plush accommodation of 525 spacious guest rooms together with first-class restaurants and
      183 words
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  • Article
    Closed-door policy doesn't pay
    348 6 CASH-FLUSH Singaporeans are among Asians who have been beating a path down under to take advantage of the booming property markets of Sydney and Melbourne, and more recently Perth, Brisbane and Darwin. This is hardly surprising for the relative proximity of this huge but under-utilised continent
    348 words
  • Article
    Outlook for natural rubber bullish
    291 6 RUBBER PRICES have been in the doldrums for the past two years, giving suppliers a hard time as export earnings dwindled. That prices appear to have steadied and are beginning to rally, can only be welcomed. It is especially significnt for Malaysia the world's largest
    291 words
  • Article, Illustration
    Lock icon Vanishing forests
    1736 6 The increased destruction of the world's forests continues unabated. Reforestation programmes have been introduced to curb further destruction. Three countries have come up with successful schemes. "I THINK that I shall never see, a poem as lovely as a tree So goes Joyce Kilmer's popular poem, 'Trees'. But,
    Sources: UNESCO  -  1,736 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      631 6 -11-OIE CROSSVORD CRYPTIC PUZZLE ACROSS I An arresting thing to say (4,2) 7 Like a baby angry enough to fight! (2, 2, 4) 8 Rolls given to dad with the fish (4) 10 A corny use for a coloured pencil (6) II For him, Is it right to be in
      631 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      51 6 Hftvg. you SGeN THC Secuftfiy P —r STRUTTING GROUND •N t HGjR GfifcEN VuN«ro<?rr\S J aL i 1 Ve SG£N THGro..?\ I PPitMGTiC I Tv<, class of villrvmS 1 \N -this ButuOtO HPNC THG. CUOTHtS Off THEjR 6€soK€. (th,N* SO?) (g?" f a^' WO£,P f%EUED GOC*te6>/ Rr4D DON'T iTRuST p\
      51 words
    • Miscellaneous
      Page 6 Miscellaneous Column 3
      700 6 Japanese management experts pert la mm Repeat aid The eiiwlwr was ergealsed by tie AppHed Research Cerpenttea, wltk CkuMl Sat 1M la Optahm Per—aaei Mtmmgrmemt Jtpmatwe Style. The programme explerei wkat Stagapere maaagers aid w*rken eaa lean town tke Japaaeae experleaee ta pertke NatteaaJ Traces Ualea Ceagreas, tke Hagapen Fear
      700 words
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  • Article, Illustration
    Lock icon Mitterrand's missile plan
    747 7  -  By GILBERT SEDBON Reuter FRENCH Socialist leader Francois Mitterrand will call on the Soviet Union to pull back its SS-20 nuclear missiles to the Ural Mountain range if be wins the two-round presidential election starting on April 26. According to his chief defence adviser, Charles Hernu, a
    Reuter  -  747 words
  • Article, Illustration
    Lock icon Industrial drive in Saudi Arabia
    899 7  -  By PAUL EEDLE Reuter SAUDI ARABIA is spending billions of dollars to build petrochemical plants and oil refineries in a vast scheme of lightning industrial development. The aim is to make as much profit as possible out of the kingdom's vast oil and gas reserves
    Reuter  -  899 words
  • Article
    NOL share issue
    154 7 r •> Letter to the Editor Dear Sir, Yhi report ta BT ttmi April, 1*81, stated that following the NOL share Issue "|1 mllUon la application mosey has beea withdraws tram the meaetary system temporarily". Is this statemeat correct? I doat think so becasse a large portiea
    154 words
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      Page 7 Advertisements Column 1
      451 7 This announcement appears as a matter of record only April 19$' THE FEDERATION OF MALAYSIA U*****,000,000 TERM LOAN LEAD MANAGERS BANK BUMIPUTRA MALAYSIA BERHAO THE BANK OF TOKYO, LTD. GULF INTERNATIONAL BANK B.S.C. LLOYDS BANK INTERNATIONAL LIMITED MANUFACTURERS HANOVER LIMITED BANOUE NATIONALE DE PARIS THE INDUSTRIAL BANK OF JAPAN, LIMITED
      451 words
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      Page 7 Advertisements Column 2
      684 7 SOON TECK FINANCE (SINGAPORE) LIMITED (Incorporated m the RepubAc of Singapore! SHARE CAPITAL AND RESERVES Share captai Statutory reaerve REPRESENTED BY FIXED ASSETS 6 NON-CURRENT ASSETS Long term debtor* 7 CURRENT ASSETS Quoted eheree m oompernei 8 Long term debtors due w«t«o 12 months 7 Trade debtors Fixed depoet wtd
      684 words
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  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      242 8 latest shopping centre to be lb be continually promoted to assure its retailers commercial success. I^*o Established, high quality retailers with a history of success and ambitious for dramatic growth in the 1980s are invited to lease shops in Goldhill Square undoubtedly the most significant shopping centre in Singapore to
      242 words
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  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      480 9 Singapore retailers,l9Bos-style Wanting their lease to be backed h»y a developer who cares about them, who will tor the first time back them with professional marketing to assure commercial success for their store. Wanting an assurance of permanent professional management. Wanting to be in a centre which incorporates in-depth experience
      480 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        191 10 APR 22 Fls ABN 288 50 15 Ahold 60 40 0 2 Akio 2140 0-6 AMEV »150 -0J Amlu 102.50 02 Amrobnk 56 30 unch Bergoas 30 00B unch Berk 47 JO -0.1 Bolt 55 80 05 Borsumlj 230 00 4 Burhminn 80 30 0.3 Caiand 35 00 -05
        191 words
      • Article
        Paris
        268 10 APR 22 Frs CORBEILLE Alr-Uqulde 480 26 B S N Gervals Danone 1088 64 C8F (ThomsonCat) 375 19 Cle Francalse des Petroles 221 5 Compagnie Financier* Compagnle Otnertle 415 15.1 Credit Fonder De France 388 -4 Hachette (Llbralrle) 320 1 Machines Bull 58.30 IJ Mlchflln (B) 835 30 Parlbas
        268 words
      • Article
        Brussels
        94 10 APR 22 m FORWARD MARKET Ace* son 2 Arbed 1290 -10 Astur 410 unch Brticin 1042 -18 Bru-L&mb 1112 -12 <'mipar 1482 4 Cork 167 -J De Bwrs 304 1 Etwi 1500 -30 Electrobel 2850 -25 Ob-Inno-Bon 2020 -25 0*v 1350 unch Hobok 2300 -20 Petro 4430 -80 Ryl
        94 words
      • Article
        Frankfurt
        224 10 APR 22 Dm Aef-Telefunken »70 unci) Akio 30 40 unch Alii Leben 1010 00 -11 Alii Vers 482.00 -3 BASF ***** -02 Bay H T Wbank 196 00 05 Bay Vbank moo 2 Bayer ***** 01 BBC 386 00 unch BMW 179-50 -1 Cauellt 296 00 unch Chem Ver*
        224 words
      • Article
        Zurich
        188 10 APR 22 Francs Actions Sulsses 277 unch Alusulsse Br 1005 5 AluiuUae Rff 412 unch Brown Bowrl Br 1*0 -5 ClUa Oel*y Br 1110 -15 CI ha OclCJ PC aao -5 Clba Oelfj M5 41 Credit 8uHit Br 2335 -IS Credit Sulite Re« 41S -1 Elektrowatt Br M50 -30
        188 words
      • Article
        Milan
        107 10 APR 22 Lire Artie 791 -109 Auoc Gen *****0 -1500 Buiofl 011 3 CeniraJe CM6 -240 Fiai 2375 -26 F insider 90 unch Oen Immob 23H -14 in Prt 7499 -152 IlaicemenU ***** 4 1000 lUif&S 1100 -0 lUisider 301 -12 MftfneU VI Pt 1079 49 Marvin Ere Med
        107 words
      • Article
        TORONTO
        205 10 APR 22 Ct AblUM 26** Aican 43* Alfoma 1 Bulk Mont 30 Bulk Nov* ScoU* »v, B*U Tel unch BeUi Corp BP Can Ltd -1 Bra*can J41 unch Camp Red Lake «3* Can Imp Bk S1W Can par v Can par In* Pf H Carllng OTCeefe H Comlnco 67
        205 words
      • Article
        JOHANNESBURG
        271 10 APR 22 Rand INDUSTRIALS A Alpha unch A bercom 400 unch AE And CI 880B AMIC 2S36 10 Barlows 1070 *10 Cf Sugar 1815 MSB 15 Currte Finance 23S unch De Beers Ind Edcon mob unch Edgars Ere ready Fed Volk 510 Fu*l l 250 urvh Gardian Olenanl Oratemn
        271 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      236 10 "The American Express Card serves you well, wherever good food is served". here to wine.dine and entertain Getaway to Sentosa Kfl 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
      236 words
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      Page 10 Advertisements Column 2
      110 10 ffr(JU^n JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daily: 12 noon 3 p.m. 6.30 p.m. —10 30p m. For reservations call *****77 <*i I'lii-k Slwriilon SHERATON HOTELS AND INNS WOHIDWIDf Nassirr Hill. Singapore 1025 Tel *****77 OPERATED Bv ANA HOTELS Langdon Mitchell EXPERIENCE AMERICA AT
      110 words
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      Page 10 Advertisements Column 3
      228 10 See Page 4 for Asian stocks and NYSE prices *i, I IT; ps K'iVi 11 'O! r bW Their easy st\le, vocal harmony and wide repertoire o» nostalgx oldies and popular hits Mill soothe you into a very reta«ed mood At the Imperial Bar 8 01) pm to 1 00
      228 words
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      Page 10 Advertisements Column 4
      149 10 QQGQO Inn Of Happiness Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. Be in vogue "The Library Very exclusive. Very
      149 words
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      Page 10 Advertisements Column 5
      234 10 (I c t >.* N This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant a wOCKpn ixra Oxley
      234 words
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  • BANKING AND FINANCE
    • Article
      GOLD
      203 11 SINGAPORE gold futures yesterday closed steady to slightly lower after a weaker opening in light trading, dealers said. Prices recovered in the afternoon on some shortcovering influenced by the rise in Hongkong, they said. Total sales for the day was recorded at 92 lots while volume for kerbs was
      203 words
    • Article
      Silver quotes
      32 11 New York 11.368 11.47B 11.S5S 11.67S Zurich USB 11.17B li.sss 11.37S Sing* pore Thar* 11.20B Wli 11.SOB 11.406 11.70S Closing prices in US dollars troy ounce. Source: Credit Suisse, S'pore
      32 words
    • Article
      PLR
      22 11 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 12.85 per cent.
      22 words
    • Article
      ASIAN $
      151 11 ASIAN ASIAN currency deposit Interbank rates as at close on Apr 23. US DoUan(Spot) Offer Bid 7 days 15H 15V« 1 month 16Vk 16 2 months 16 3/16 161/16 3 months 16 5/16 16 3/16 6 months 165/16 163/16 0 months 15V« 15H 12 months 1511/1615 0/16 IwAi DM 1MUJI.
      151 words
    • Article
      Discount
      46 11 RANGE at prices often ed by dls count bouses on Apr 23: Overnight: IV*% Call deposits to 7v,% vmn| B«yin< MHa« 3-month Treasury bills 0* OH 3-month Bank bills 9* OH 3 months CD OW OH 0 months CD 10 OH Source: National Discount Company
      46 words
    • Article
      HONGKONG
      50 11 THE US dollar yesterday slipped against the yen but was steadier against other major currencies in very quiet late trading. Banknote rates yesterday: US 5.34/5.36 UK -11.55/11.75 Burma —1.20/1.50 India 5.70/5.90 Indonesia 0.75/0.85 Japan 2.465/2.475 Korea 0.72/0.82 Philippines 0.65/0.67 Singapore 2.52/2.54 Malaysia 2.28/2.30 Brunei 2.45/2.47 Thailand -25.30/25.80 Taiwan —13.30/13.50
      50 words
    • Article
      Singapore market
      472 11 THE US dollar opened easier against major currencies in the local market yesterday. It fell sharply against the yen during the day's trading, but closed steady against the other currencies. The dollar opened at 2.1680/90 against the mark. In active trading the dollar fluctuated between 2.1720 and 2.1640
      472 words
    • Article
      TOKYO
      92 11 THE dollar for overnight delivery yesterday closed sharply weaker at 215.80 yen, compared with a 217.00 opening here, a 217.15/30 close in New York and 218.20 here on Wednesday. Trading was active, with volume US$l.l7 billion. One factor behind the dollar fall is a market belief that the yen
      92 words
    • Article
      London
      38 11 Opening quote* yesterday: US 2.1802 /12 Can 2 6061 88 Cross 1.1947 50 D Mk 4.7325/75 D Fl 5.2525/15 S FY 4 3100 75 B Fr (con) 77.35/43 F FY *****0 225 Ut 2358.75 2363.00 Yen 470.33/471.30
      38 words
    • Article
      BPMB gives more loans
      583 11 BANK Pembangunan Malaysia Berhad (BPMB), set up in 1974 to develop bumiputra entrepreneurs and increase their active participation in the industrial and business sectors of the economy, has so far approved M 5258.5 million in loans to 667 borrowers. Term loans vary in maturity from three
      583 words
    • Article
      Increased Mexican interest
      424 11  -  By WONG AI KWEI THE HEAVY financial commitments of Mexico's public electrical company, Comision Federal de Electricidad (CFE), may lead it to borrow from the Singapore-based Asian dollar bond market again. According to CFE's general manager of finance, Mr Lie Enrique Vilar, the company's projects for this
      424 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      202 11 Enjoy the best beef in town Business Lunch at the Shima Restaurant Goodwood Park Hotel Japanese cuisine Teppanyaki, Sukiyaki, Yakiniku and Shabu-Shabu At the Shima where else. Goodwood Park Hotel 22 Scotts Road Singapore 0022 Tat: *****81/2 PEARCE SANDS LIMITED Members Investment Dealers' Association Nassau Stock Exchange Nassau Commodity Exchange
      202 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2273 12 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 (3.708) (1)
    2,273 words
  • Article
    Unit trusts
    173 12 SINGAPORE UNIT TRU8T OUB-MONTAGl O—fT prion Th* Commerce W> 4 16 (Manager*' prtca Union Spore Fund i far Apr 1 T3txd U) 1.78xd The Savings Fund 2.17 2.28 S pore Prog Fund 1(4 172 INCOME BOND UNIT S pore Sec. Fund 2.57 2.70 (Carnal pi ■KM) S'pore Invest
    173 words
  • Article
    SHARE INFORMATION SERVICE
    2808 12 1981 High Low Company Last Sale orGr'a Div Div C'vr Gr'a Yld Net P/E Vol Day COOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 374 334 290 420 200 950 550 430 320 Acma Alcorn 130 Allied Choc 161 BAT 330 Bata 110 Ben Berjaya Kawat 650
    2,808 words
  • Article
    In Kuala Lumpur
    2402 12 J BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares —r traded shown in brackets in lots of 1,000 units, unless otherwise specified LMMCTRIAL8 VJaaroau < 3 SOB) xall AJram <3 30S) (5)
    2,402 words
  • Article, Illustration
    Market still a hive of activity
    698 12 THK stork market remained a hive of activity yesterday with many Inert storks brought into action. The market opened quieter in the morning with prices holding well. Owing to profit-taking, particularly In Boustead, the Straits Times Industrial Index managed to pick up only 1.27
    698 words
  • Article
    KL share prices close mixed
    652 12 SHARE prices retreated slightly after a steadier opening and closed mixed on the Kuala Lumpur Stock Exchange yesterday. Speculative interest was rekindled in selected industrial lower-liners as traders and punters alike pushed these counters ahead for the day's best gains. Share prices opened marginally higher
    652 words
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  • COMPANY NEWS
    • Article
      Bandar Raya meets profit forecast
      200 13 PROPERTY developer Bandar Raya has reported a group pre-tax profit of MJ9.21 million ($7.11 million previously) for the year ended Dec 31, 1980, meeting the "not less than $9.14 million" earlier forecast by its management. In a release to the Kuala Lumpur Stock Exchange on
      200 words
    • Article
      UE (M) proposes rights to raise capital base
      438 13 UNITED Engineers (Malaysia) Berhad has proposed a rights issue of Ms4o million 10 per cent convertible unsecured loan stock 1961/87. The rights issue, directors said, is to enlarge the company's capital base of $50 million and to refinance foreign currency borrowings. The
      438 words
    • Article
      COMPANY BRIEFS
      220 13 THE Stock Exchange of Singapore has asked Ambassador Hotel to explain why the hotel's revaluation as at March 16 was not announced immediately to the exchange for public release as required under the exchange's corporate disclosure policy. The hotel was also asked to furnish more information on the
      220 words
    • Article
      Funds for Intraco
      463 13  -  By CHRIS LIM THE $60 million to be raised by Intraco from its one-for-one rights issue will go towards the development of an office building and warehouses as well as possible participation in industrial and commercial ventures. Intraco has set up two property subsidiaries to undertake the
      463 words
    • Article
      Revaluation of estate
      236 13 BEDFORD Plantations, a plantation subsidiary of Straits Trading, may revalue its 387-hectare estate in Tanjong Malim, Perak. In the company's latest annual report, chairman W M H Caldwell said it is hoped an updated valuation can be incorporated in future accounts. Bedford Estate was included in the
      236 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      174 13 March 1981 This announcement appears as a matter of record only P.T. SOUTH PACIFIC VISCOSE Deferred Payment Guarantees SW FR 31,734,750 Medium Term Loan and Working Capital Facility US DLS 15,000,000 Arranged By STATE BANK OF INDIA AMERICAN EXPRESS BANK Singapore Branch International Group Working Capital Facility US Dollars 8,000,000
      174 words
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      Page 13 Advertisements Column 2
      567 13 Boustead Holdings Berhad PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1900 The trading results for the yeer ended 31st December 1980. compered with the previous yeer are:Tu mover 178.138 137.409 Profit Before Taxation 24,107 23.420 9,203 6,204 Taxation 12,919 10,797 2,577 Minority Interests 3,180 3,184 Extraordinary
      567 words
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  • Article
    Lock icon US diplomat says Russians never violated treaty
    323 14 AP DESPITE claims to the contrary, the Soviet Union has never substantially violated the original Salt agreement or the anti-bal-listic missile (ABM) treaty. Mr Robert Buchheim, the US Commissioner to the US-Soviet Standing Consultative Commission (SCC) which monitores compliance with the arms control
    AP  -  323 words
  • Article
    Lock icon Japan withdraws from Iranian oil project
    156 14 AFP THE Japanese partner in a multi-billion-dollar JapanIran petrochemical project will not make an additional investment in the project, meaning a virtual withdrawal from the troubleplagued project. Eimei Yamashita, president of Iran Chemical Development Company (ICDC), the Japanese partner, said his company will not
    AFP  -  156 words
  • Article
    Lock icon Chartered increases bid for Royal Bank of Scotland
    311 14 Reuter THE BATTLE to control the Beyal Baak if Beetlaad intensified yesterday when Staadard Chartered Bank raised Its hid to eeaater the after d the Hongkong aad Baak. I>e Beyal Baak said It had accepted Standard Chartered'» after valalag Its •rdlaary share
    Reuter  -  311 words
  • Article
    LONDON STOCKS
    825 14 LONDON, Thurs. Yesterday's record levels attracted some profit-taking but closings were above the day's lowest levels, dealers said. At 3pm, the Financial Times index was down five points at 579.3 after a low of 577.5. Bid developments and trading news highlighted today's business with Royal Bank of Scotland
    825 words
  • Article
    Bonus, rights issues from Multi-Purpose
    572 14 MASSIVE CAPITAL-RAISING MOVE MULTI-Purpose Holdings has announced a three-tier massive capital raising excercise that will hoist the company's paid-up capital to some Ms3Bo million from its present JB7 milion. The company is making a three-for-five bonus issue of 52.36 million shares, a one-for-one rights issue
    572 words
  • Article
    Lock icon Malaysia expects more foreign investments
    305 14 Reuter MALAYSIA expects to attract M 59.4 billion in foreign investments over the next five years. Deputy Trade and Industry Minister Datuk Lew Sip Hon said yesterday this would represent a 36 per cent jump from the $6.9 billion generated during the country's Third Five
    Reuter  -  305 words
  • Article
    Lock icon Dow Jones moves ahead
    93 14 AP NEW YORK, Thurs. The stock market moved ahead this morning with the help of some favourable inflation news. The Dow Jones average of 30 industrials rose 2.44 points to 1,009.46 in the first half hour. Gainers took a 4 to 3 lead over losers among
    AP  -  93 words
  • Article
    Lock icon Mao is blamed for millions of deaths
    397 14 Reuter A LEADING Chinese economist has indirectly accused the late Chairman Mao Zedong of causing the deaths of millions of people by launching his disastrous "Great Leap Forward" in the late *****. Sun Yefang, an economic theorist who was purged in Mao's Cultural
    Reuter  -  397 words
  • Article
    Lock icon Tension in Beirut despite truce call
    247 14 UPI A CEASFIRE in Beirut yesterday put a stop to artillery and rocket battles between Syrian peacekeeping forces and rightist Christian militiamen, but Israeli naval forces attacked the southern coastal port of Tyre. State-run Beirut Radio said the Israeli gunboats bombed Tyre, 20km north
    UPI  -  247 words
  • Article
    Lock icon Taipeh bourse may let foreigners trade again
    234 14 AP TAIWAN'S stock market may be reopened to foreign investors. Stock market sources in Taipeh said yesterday that the Securities and Exchange Commission, which governs Taiwan's stock exchanges, is drafting regulations to allow foreign participation in the market again. Taiwan adopted measures in
    AP  -  234 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      105 14 Treasured antiques of Song Ming Qing Dynasty Auction Sale The folowing are some of the finest in the colection: A rare Famille rose vase A blue and white Kuan ware bowl A fine wutsai dragon and phoenix bowl A blue stem cup A large Famille rose dish Lacquer snuff bottles
      105 words
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      Page 14 Advertisements Column 2
      400 14 NOTICE James Capel (Far East) Limited CHANGE OF TELEPHONE NUMBER Please be informed that effective April 25,1981 our new Telephone Number will be *****77 while *****26 remains unchanged E.E.P.C. Engineering Export Promotion Council, India Sponsors INDIAN EXHIBITORS at ASIATEX '81 26-30 APRIL 1981 WTC SINGAPORE The Textile Machinery Industry in
      400 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      65 14 Outlook for Singapore from 6 a.m. to 1 p.m. today: Thundery showers in several areas around midday onwards. Report far 24 boars prlar ta 7J9 pm aa April 23 at the airport. Maximum temperature 33.6 Associated humidity 64 Minimum temperature 24.1 Associated humidity 97 Hours of sunshine 6.25 Rainfall in
      65 words
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  • SHIPPING TIMES
    • Article
      SMOU to conduct executive courses
      183 15 THE Singapore Maritime Officers' Union will for the first time conduct its own executive development programme for members to improve their management skills. Starting from next month, development courses will be free of charge to members and vrtll be conducted by Mr Kenneth Mok, NTUC
      183 words
    • Article, Illustration
      Gold Star's FE-S Africa run to be containerised
      525 15  -  By JAN LEE GOLD Star Line will containerise its service between the Far East to South Africa at the end of this month, after operating a conventional service on the route for the last five years. The Hongkong-based company will use two
      525 words
    • PORTSIDES
      • Article
        New location
        73 15 THE Port of Singapore Authority's Container Terminal Documentation Room will be relocated from Container Port Building at Rembau Street to the first floor podium of Tanjong Pagar Complex at Keppel Road on Sunday. With the shift, container hauliers are advised to process their documents in advance or, if
        73 words
      • Article
        Lock icon Tankers/combos laid up
        160 15 Reuter OIL tankers and combination carries laid up through lack of employment rose sharply in March to reach 101 vessels totalling 12.4 million dwt by the end of the month compared with 91 of eight million dwt at end-February, Lloyds of London said. Thirty-three very large crude
        Reuter  -  160 words
      • Article
        Lock icon Indonesian ship ablaze
        100 15 AP A 3,898-ton Indonesian freighter is ablaze in Kagoshima, southern Japanese port, but no casualties were reported among the 39 Indonesian crew members, the Japanese Maritime Safety Agency said. The agancy officials said the freighter Karana Ampat of Karana Line of Indonesia caught the fire about 67
        AP  -  100 words
    • Article
      INDEX TO ADVERTISERS
      774 15 Shipping Uk P*g« CM Actuprlefo Adriatic Atm Atro-Eurasia A1 Navigation Alfred CT All tram Alpar Angkutan Angonave Anhung ANL An toll APL Argentine ASCI. Asia Merchant Bait-Orient Bangladesh Bank Line BBS Ben Line Bra Ocean Bra Ada Ben bulk Bin rulu Blue Funnel Blue Star Burmese CAVN-FHG
      774 words
    • Article
      SECOND PIER PLANS FOR PORT OF LOME
      276 16 MORE development plans for the port of Lome in Togo have been announced by the government of the West African country. A second £20 million pier will be built in the commercial harbour, more than doubling its official handling capacity of 400,000 tonnes
      276 words
    • Article
      Container Schedules
      946 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy No. Estimated Time of Arrival Shipping Lines Gdn Mode of Operatn Oriental Merchant 11W Nordhelde 2 SlrlBhum 10S/11N Ibn A1 Bet tar 33 Medlterranea 37/322 Ever Pioneer 52-33E, Bar'zan 14 Fondo 17B/18S G. Petrenko
      946 words
    • Article
      LONDON FREIGHTS
      1467 16 THE FREIGHT market was featured by fairly active grain chartering on Wednesday from North America to Continent and South Africa at steady to slightly dearer rates. The unchanged level of U5537.75 was agreed for a vessel from the US Gulf to China while a steady $25.50 fio was
      1,467 words
    • Article
      SHIPS IN PORT
      552 17 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Alioth (after Zheng Yang) 46 Berdikari (0730 after Eizan Mam subject free board) 19 Bali wag Dos (1800 shifts after Union Evergreen) 18 Builder II (0700 afer Builder) 22 Builder HI (0700 after Nanpingshan hauls) 23 Ivan Skuridin (RO/RO) (0600 after Entre
      552 words
    • Article, Illustration
      Repairs on Mobil Swift
      316 17 SEMBAWANG Shipyard recently carried out repairs on the VLCC Mobil Swift in a multi-million dollar contract with Mobil Shipping and Transportation of the United Kingdom. The contract called (or the drydocking and extensive repairs to be made on the 272,494 dwt tanker. This included steelworks, gritblasting,
      316 words
    • Article
      Lock icon China to build more ships
      195 17 AFP CHINA is building several dozen vessels for Hongkong, the United States, Italy, West Germany and other countries, the New China News Agency reported. The Chinese 6th Ministry of Machine-Building said all the ships will be delivered before the end of 1983. The ships have
      AFP  -  195 words
    • Article
      Bright outlook for bulk shipping in next 3 years
      583 17 OVER the next three years owners in dry and liquid bulk shipping are expected to ride out the storm of the recession and add a further 5 per cent to the world's fleet, which at the beginning of the year stood
      583 words
    • Article
      Lock icon Tenders for shipping wool
      180 17 Reuter THE Commodity Group (Australia) has called tenders for a second series of wool shipping trials between Sydney and Enrope and the UK, group chairman Rene Vandervaere said. Australian wool Is shipped through the Australia to Europe Shipping Conference and the trials are an Integral part
      Reuter  -  180 words
    • Article
      ORIENT EXCHANGE
      808 17 SHIPMENTS to Asia are showing signs of weakness and fixtures steady within Asean. The time-charter market is strong. Some affreightment contracts were concluded this week to year end. Bintulu port is having serious congestion and will be relieved when port construction projects are completed. Major port development programmes
      808 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1251 21 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      1,251 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      344 15 sq vO^ t&i Europe Our Next Loader Port Kelang; !Zr Singapore. For further details, see page V Jh JAR DIM AN I AH Orient Overseas Ca+ilcjMeA Line a omwtal muster ie K. MOMS SEVEN 2E a RULY CONTAINERISED-EXPRESS TO/FROM NORTH AMERICA NEST COAST ■t- *rect can Sm»apore SPORE* IHK Scat*
      344 words
    • Advertisement
      Page 15 Advertisements Column 2
      382 15 UASC UNITED ARAB SHIPPING CO (SAG) DEPOSE SERVICES KOll Dubai (J/5). Kimart (5/5). (1/5). Atw DM» (12/5) Doha (14/5) Mwaw (16/5) Dub* (13/5) Kuwait (15/5) Dammim (18/5). Abu Dhat» (20 5). Doha (22/5), Bahrain (23/5) Dubai (21/5). Kuwait (23/5) Damnum (26/5). Abu Ohab. (28'5). Doha (30/5). Bahra* (1/6) SEAIORD SHPPMG
      382 words
    • Advertisement
      Page 15 Advertisements Column 3
      814 15 &V*' Australia Our Next Loader Port Kelang:. 3/5 Singapore:- 30/4 For further details, see page V MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF, ATLANTIC. EAST CANADA, ASIAN PORTS Fec*«r Vmkl I. fl I 11 To Id Vessel Singapore |Longbe*c 4 5 5 19/5 26/5 1/6 9/6
      814 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      985 16 Mißcmm 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 Contaiwr Igjtf To Eiwpt Feeder *P Kdang Vessel Spore 1) MseiHes 2) Rdam 3) Hborg 4) Gtx B PENAGA in Port SELAIWA
      985 words
    • Advertisement
      Page 16 Advertisements Column 2
      245 16 BBS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA "BARBER TOBA" mi I "TERRIER" lb* 7. "BARBER NARA" 17. "TAUSMAN" Mr 21 mi «sas kith smgapok at m rami room «7 TO: PANAMA US ATLANTIC EAST CANADA US GULF it ii 11 1"!! ■i* iin ir vs in in
      245 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      847 17 Overseas B Containers Limited Weekly service to/from UK/Europe COWTMCOHT gmt TO UK/CONTMENT: KWf Spare PJlala* Dnart ha Haigbang Lipreu 29 30 Apr 19 Iter 21 My HiMag bpren 4 May i Mar 27 May 29 Mi; traa Mm 12 May 14 May 5 M 7km Mmaabpms II Iky May II
      847 words
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      Page 17 Advertisements Column 2
      572 17 F%B Franco Belgian Services (b' .t F-i'-t tir .ch s t r\ xct i!'. t<ir Kr.surr. f.xne-- 1 &ce consortium am comma KOBUM CHANCE seven seas mux mi cqrtmosw gup nm embope SMttiraK MSOANG UHwr. 30 Apr 1 Mm it Hit 7 lb? Ilhr HMn Ulk| ntbf 31 Hi? 20Mi?
      572 words
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      887 18 Hapag-Lloyd TO NORTH EUROPE Eipress Hmtiri Eipress ■jimvu Mjni Ikmi. Eipress Kasuga Maru S pore PKeiang H hirj Bha»en 29 4 30 4 19 5 ?l/5 4 5 6/5 27/5 2*9-4 18 S 20 5 26 5 TO MEWTERRANEA 1» HK Medrtenanei 20 4 22 Ercoie lai*o 26 4 28
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      Page 18 Advertisements Column 2
      624 18 KOREA SHIPPING CORPN P. Kelang PENANG S PORE VEGA 159W SJd In Port 27-30 Apr* VEGA 160E Ski (n Port 27-30 Apri TO BUSAN INCHON ALTAIR 163W 18-22 May 23-26 May 28-31 May FROM BUSAN BANGKOK ALTAIR 164E 18-22 May 23-26 May 28-31 May TO BUSAN use use ksc use
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      Page 18 Advertisements Column 3
      559 18 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMINGHAM. BRISTOL, LIVERPOOL. GLASGOW, LEEDS ETC. WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM, GOTHEN BURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM I'pmt MM Hamburg Rotterdam Fdislovt AMwarp It Hint Urn *01 it* 24/04 11 n 20/05 22/05
      559 words
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      Page 18 Advertisements Column 4
      1054 18 Everett Lines/ Burma Five Star Shipping Corpn. IBk "BURMESE NATIONAL LINE' LOADING FOR RANGOON Icttpte* cup tor and lapw <**1 Sport HH«( Penan| nmm PAGA* *2/27 Apr P» M h fort/27 Apr HTOIf TIM If B F SS C Agents m Moloyvo BOUSTEAD SHIPPING TEL NOS KL *****2/*****9 l.'l ililli.
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      Page 18 Advertisements Column 5
      448 18 lao.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE MAT PMNCE GLORIA ACE AQUA PRMCESS CRYSTAL STAR 0 RESOURCES SUBUK OASIS SAMT OASIS DUKE SUCCESS GEKIAI AGENTS OCEAN SMPfME t ENTERPRISES PTE LTD SMCAPOK TEL *****44/7 4 *****70 R LUMUt m *****4. U4754 COfTMPfI BOOKMC OCEiM SWPMG STORE TO.
      448 words
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      759 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH, JEDOAH AQABA (Reefer Cntrs Acceptable) 1 VESSEL Accepting LCL C SPORE 10-11/5 13-14/6 17-18/7 IST CALL COLOMBO 16-17/5 19-20/6 23-24/7 HODEIDAH 24-24/5 27-27/6 31-31/7 JEDDAH 26-26/5 29-29/6 2-2/8 AQABA 28-28/5 1-1/7 4-4/8 2ND CALL COLOMBO 7-8/6 11-12/7 14-15/8 S'PORE 13-14/6 17-18/7 20-21/8
      759 words
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      Page 19 Advertisements Column 2
      910 19 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE H BURG BHArtN ROAM HAVRE SOTO* TO EIMOPt Sport P MmWGermany Austria Antwerp France Al UK Eiprns 29/4 31/4 21/5 23/5 24/5 215 19/5 HaaMt Eipress 4/5 1/5 27/5 29/5 31/5 1/1 25/5 Koama Mm 12/5 U/5 5/1 7/1 l/l 11/ l 3/1
      910 words
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      Page 19 Advertisements Column 3
      513 19 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MEP/UK/NC/SCAN f PS i m t te H 4; If 5 I? iff, iJa vi I) 4arcaMn Cant lapnrn 2) Inorpool UK Canary kM 3) Iwii OiMtmtiaa Ante. AP Mr MHb accapbai cjrfo la Mi to MM UC Nm*| Mr 'jnun^twi: 1)
      513 words
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      Page 19 Advertisements Column 4
      588 19 K\t\ BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNON I S. AFRICA STREAMBANK Spore: 3/4 May (loading direct for Durban and Capetown only) Lukosyfe Linos U.S. WEST COAST SERVICE ASHLEY LYKES Sid Sid LESUE LYKES 3/C 31/5 to< Slle lac VBC 21/6 22/6 25/6 31/7 .1/1 4/1 (tf MSMb also cal
      588 words
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      791 20 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA tartar twder ms<ft aha itiiMf an rtqutii C*|Mt aba Kcaptat* tor Oakland. Vancamw. Partland. Houston. Sainton Ne« Orieam. Boston. St John. PMUdaftdu. Nariaft. BaAmrt. Sarannah lacfcumia TO EUROPE S pore P Ktlam L Ha»re R dam Hburg Bremen
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      678 20 '/IS CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE laadnt tar LOS MttlES SAN FRANCISCO SEATTLE. UCOIU VANCOUVER BC Accepftnt fa/fa Cart awn P KeUnt SmjjpO'f L WSMA PAMML" 1">» 4lfc| •VISHV* HIAFU.LA 3 4 »a« km AUSTRALIA EXPRESS CONTAINER SERVICE Acccptaf FCE/ECL Cant wan P Kelang S port B" 'Aeto
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      781 20 r SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINESI GENERAL *****1 114 LINESI TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A/B CARSHIP CABLE CARGOSHIP Gol S'lSr l.hx-s WEEKLY CONTAINER SERVICE to/from BANGKOK Wt/25 Apr 30/1 May 2/3 May 12/13 May 10/11 Ma*
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      Page 20 Advertisements Column 4
      669 20 KORINS MARITIME SERVICES ft Room 601. ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4 *****5 MIDDLE EAST/RED SEA/EUROPE SERVICES P KELANG LOADMG FOR Bandar KMat B Khame Mdat) Maputo Dwfean C town X SAM ICk LINES 1 1 ncMkcr «f ttte Samel tro«» Com*awn I MED
      669 words
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      784 20 '♦1 INTRASEA (PTC) LTD. JUJI Fabef House 234E Orchard Road Singapore 9 Telephone *****11^*****57 VOAAIIAIIVX V~* REGULAR RBEPEIBINT SOtYW TO EIMOPE S pon P. K«l»| Pen** Lm** tm ANRNKL EKKAVOIR WlO6 Satel In Porl ROTTERDAM UK (AVON) MMB. HARMONY WBlo9— May 9 M *l Pi <***> NORASIA NBIIO 2 kfi
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      626 21 TO EUROPE/UK (VIA SUEZ): C. CONTAINER 11W+ 30/4 1/5 19/ N. GARNET 5W 8/5 9/5 27/ K. CHANCE 3W 13/5 14/5 31/ S.S. HMDGE 31N 23/5 24/5 12/ C. ROZE 25N 29/5 30/5 17/ K. JACEWON 13W 3/6 4/6 22/ TWBRDGE6W 9/6 10/6 28/ Also accepting cargo to/from Scandinavia C.
      626 words
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      Page 21 Advertisements Column 2
      245 21 MALDIVE LINES MALDIVE PROGRESS Loading For Kuwait MALDIVE PIONEER Loading for Jeddah MALWVE NOVEL Loading for Jeddah MALDIK PEACE Loading For Jeddah MALDIVE NPORTER Loading For Male MALDIVE ICKfiOUt Loading For Muscat/Dubai/ Dammam/Kuwait MALDIVE PLEDGE Loading For Aden MALDIVE PROMOTER Loading for Kuwait ETA ETA KIMNTAN PORTKELANG FOR BOOK ICS
      245 words
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      Page 21 Advertisements Column 3
      367 21 SINSOV SINGAPORE SO VST SHPPM6 CO PRIVATE LTD SMSOV BUUNNG 55, Martet Street Singapore 0104 Telephone Numbers *****3 (10 Unes) Cable Address SMSOV SMGATORE Teki Numbers RS ***** RS ***** RS 2510S MM SOON SML M> IST AND 2ND FLOOR MESSRS HAI THONG SMPPMC 23 WeM Quay Penani NO 1.
      367 words
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      798 22 i PRACHT (MALAYSIA) Pracht SDN. BHD. REGULAR INDEPENDENT CONSOLIDATION TO THE FOLLOWING PORTS:VESSELS LOADING FOR ETA PORT KELANG 29/4, 2/5. 13/5, 26/5 Colombo, Bombay, Karachi 29/4. 2/5, 5/5, 11 /5, Hong Kong, Taiwon, Manila 12/5, 24/5 Jakarta, Tokyo, Yokohama, Kobe 30/4 1/5,6/5 9/5 10/5 14/5, UK, Europe, Continental Ports 21/5,
      798 words
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      Page 22 Advertisements Column 2
      613 22 FLE FREIGHT LINKS EXPRESS PTE. LTD. Sate 1443. 14ft Ftar Mcfiutwul PUji knum Road Smgapare 02(7 T«t 2214 MS (S L»m> ******4 Tetei »S ***** FDTMAM Australia-lnterfreight Line Acceptinf FCL and LCI to Sydney. Melbourne. Brisbane. Adelaide. Fremantle New Zealand Auckland. Lyttetton. IMeKn(ton. Napier and Dunedin Europe/U.K./U.S. A./ Canada Al
      613 words
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      Page 22 Advertisements Column 3
      401 22 HIONG GUAN NAVEGACION CO., LTD REGULAR LINER SERVICE NO 3 KENDARI LOADING FOR DUBAI KUWAIT AIL VESSEL 15 TONS OERRICK GENERAL AGENTS DONG GUAN SHIPPING (PTE) LIMITED SPORE TEL *****44 MAIAYSIA AUNTS OMENTAL SHIPPING CORPORATION K l Id *****6 SL WOOD LINE Bulk Timber and Plywood Service LOADING FOR NANTES/RDAM/TILBURY
      401 words
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      Page 22 Advertisements Column 4
      403 22 XS}: KAWASAKI KINKAI RISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Robe S pore P KelangPenang Spore Tokyo Kobe NORDBAYVS SM Sid Sid to ft Sid 28/4 12/5 13/5 MOM) STAR *3 27/4 21/4 10/5 12/5 13/5 15/5 21/5 29/5 SKUNK: N MALAYSIA Bowled Stippni *****4/*****5 Harmon I CrosMd
      403 words
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      Page 22 Advertisements Column 5
      453 22 r P OCEAN LINES REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE (Also accepting (ifgo lor R>ie»i Bourgtt Constaiua sublet to inducenwt) EASTERNftUL VIWB 7 Mar Port Said Aieiandb Imassd Pvaeus Band 'latakia OWED VESSELS HRBSI SAGASIA PTE LTD. (LOWS DREYFUS GROUP OF CO«<PANIESi bd9W T«t 227W> (5 lan) lOEI IS
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      167 22 100E! Regional Weather I a i m fm r A sss f 1 52 <1 ►XL rli? SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °c win< Wind direction with speed in knots Wave height LEGEND: R Thunderstorm Temperature °C y Shower Weather Wind direction with speed in
      167 words