The Business Times, 28 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 TUESDAY, APRIL 28,1181 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon VCRs exports shoot up
      73 1 Reuter TOKYO, Mon. Japanese exports of video cassette recorders (VCRs) and colour television sets shot up last month, reflecting strong demand in the United States and the European Economic Community. Exports of VCRs in March soared by 137.9 per cent to a monthly record of 481,202
      Reuter  -  73 words
    • Article
      Lock icon New Senate members
      70 1 Reuter BANGKOK, Mon. Thai King Bhumibol Adulyadej has appointed to the nominated Senate 75 new members, mostly military and civilian officials,in a move seen here as enhancing Prime Minister Prem Tinsulanonda's political standing. The appointments announced last night replaced 75 senators who retired recently by drawing lots
      Reuter  -  70 words
    • Article
      Lock icon Filipinos will not take part
      63 1 AFP KUALA LUMPUR, Mon. The Philippines has ruled out its participation in the proposed Asean powergrid project as the country is too far away from other member countries. Its Minister of Energy, Geronimo Velasco, said here today that his country was quite successful in developing
      AFP  -  63 words
    • Article
      Lock icon Flights disrupted
      76 1 Reuter LONDON, Mon. Britain's airports authority halted all flights into Heathrow airport today after air traffic controllers went on strike. Operations at Gatwick and Glasgow airports were also disrupted. British Airways said it had cancelled 26 flights so far. The controllers had given notice of a walkout between
      Reuter  -  76 words
    • Article
      Lock icon Syndication cancelled
      73 1 Reuter BAHRAIN, Mon. A Saudi Arabian riyal 500 million loan syndication for Saudi Public Transport Company has been cancelled because of documentation problems. The syndication, lead managed by the Saudi American Bank, was to have been made to banks in Riyadh and offshore banking units in Bahrain. It
      Reuter  -  73 words
    • Article
      Lock icon No more NOW
      67 1 Reuter LONDON, Mon. Britain's only glossy weekly news magazine, NOW, is to end publication immediately, its owner, business tycoon Sir James Goldsmith, announced today. Sir James, who made his fortune from a multinational food company and who also owns the French news magazine L'Express, blamed lack of
      Reuter  -  67 words
    • Article
      Share details out soon
      63 1 KUALA LUMPUR, Mon. Deputy Prime Minister Datuk Seri Dr. Mahathir Mohamad said today that details on the UMBC share offer to Multi-Purpose Holdings will be announced early next month. Speaking to reporters after opening the second meeting of the Asean economic ministers on energy co-operation, he
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  • Chief Price Changes
    • Article
      SINGAPORE
      145 1 Rises I C B P M Hldga Spore Lud F E L«Tii|itoi PerlU Plant H Leoag Credit M U I Sea View Hone Leoag lad M Cement Textile OCBC Geatiaga S T P 197B H L*oi| Via Supreme Conn Tat Lee But 1530 000 1300 770 880 USO 2000
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    • Article, Illustration
      KUALA LUMPUR
      154 1 Rises HL Credit B Raya ULInd Fusan Supreme Corp S Darby Toog Meng T Text M Feedmill ("Unria Sim Lim 1220 990 1890 414 840 525 344 420 390 458 470 +80 +50 50 44 35 +33 +32 +32 +30 30 30 Falls A Amal C C Bin
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  • Article
    Second-tier NWC may be higher
    566 1  -  FINAL WAGE RECOMMENDATION By FOO CHOY PENG THE National Wages Council is likely to recommend again a two-tier wage scheme this year despite the difficulties some companies and the Government itself have experienced in implementing last year's recommendation. This is the impression given by the
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  • Article
    More MPs given higher posts
    268 1 THE Prime Minister's Office yesterday announced another round of appointments affecting the younger generation of Members of Parliament. Some of those appointed replace the four junior ministers and one parliamentary secretary who resigned earlier this month. Mr Fong Sip Chee (Chai Chee) has been promoted
    268 words
  • Article
    The golden pull of URA land sales
    1084 1  -  By CATHERINE ONG and FONG MEW LENG THE Urban Redevelopment Authority (URA) Midas touch has reached out beyond the Golden Shoe district. Tender prices for URA's ninth land sales (see back page for resalts) show properties outside the traditional business hub enjoying the
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  • Article
    Tin prices at 28-month low
    304 1 TIN prices in Penang yesterday stayed at Saturday's level of M 529.71 per kilo, the lowest since January 1979. This level falls within the range of $27.28 to $30.01 set by the International Tin Council in March last year. Once tin prices fall within this
    304 words
  • Article
    Kepmount buys three bulk carriers for $150 m
    239 1 KEPMOUNT Shipping, a whally-awaed wMfliry sf Keppel Shipyard, has wiend three 4M>IM (deadweight teas) balk canter* csattag SIM milUaa Iran Mltsal ShlpbalkHag aad Eaglaeertag ef Japaa. The naeli will be delivered betweea mld--1182 aad early IKS. They will add wtothe eight balk
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  • Article
    Bullish mood runs high at stock market
    466 1  -  By WONG SOUK YEE BULLISH mood ran high at the Singapore stock market yesterday as investors flush with funds from their unsuccessful applications for shares in Neptune Orient Lines returned in force. Strong buying right from the opening lifted prices of blue chips
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      13 1 DEVELOP THE READING HABIT VISIT Slimes Bookshops Tmw* Orctvd titw Rubauuio lo»n L.llfci
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      132 1 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprefiensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia The Bulletin is divided into six separate reports of about 8.000 words each There is a dual
      132 words
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      77 1 raaa: US economy onllkely to do well this year................................... 3 TRADING group studies pooling of re50urce5........................ 5 ASEAN urged to Invest In nonoil programmes I SHIPPING TIMES MNCs dominate world cigarette markets 8 BNP floats record USfM million issue 11 HOW Asean can fight textile protectionism 14 TV AND RADIO
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      Page 1 Advertisements Column 4
      75 1 The Straits Companies Tjrnpc Activities, niRFrSTORY Key Personnel, J£IUSOrUJII Agencies 0* Singapore (Buku Merah) The reduction copier built on forward engineering. The Ricoh DTIBOOR •Clear, crisp copies, even RICOH The world's #1 copier. Success undupficated! For more information call *****5 ve Wywy Private Limited Wywy Moust 17. Lang Ke« Road.
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  • OVERSEAS 1
    • Article
      Lock icon Mitterrand and Giscard woo rivals' voters
      454 2 Reuter PRESIDENT Valery Giscard d'Estaing and Francois Mitterrand, first-round victors in the French presidential election, yesterday began wooing more than 13 million voters who backed their unlucky rivals on Sunday. Virtually complete Interior Ministry figures were issued that showed Mr Giscard d'Estaing, the outgoing
      Reuter  -  454 words
    • Article
      Lock icon BP official says North Sea oil prices must fall
      363 2 Reuter THE CHIEF executive and managing director of British Petroleum Co Ltd (BP), Mr lan Walker, has said that the price of North Sea and other high-priced crude oil will have to fall if BP is to balance its books. He
      Reuter  -  363 words
    • Article
      Lock icon Accord on draft legalising changes in Poland
      296 2 UPI NEGOTIATORS representing the trade union Solidarity and the Polish government have agreed on the draft of a new labour law which legalises social changes since the recent mass strikes, in particular the emergence of an independent trade union movement. The draft, agreed
      UPI  -  296 words
    • Article
      Lock icon Bonn seeks more cooperation with Saudi Arabia
      345 2 Reuter WEST German Chancellor Helmut Schmidt (lew to Saudi Arabia yesterday in search of more economic cooperation. The visit to Saudi Arabia, West Germany's biggest oil supplier and creditor, has been overshadowed by the question of possible German arms sales to Saudi Arabia,
      Reuter  -  345 words
    • Article
      Lock icon US carmakers on the road to recovery
      246 2 AP AMERICAN carmakers turned to rebates to boost sales in the first quarter of 1961, but the rebates also increased industrywide losses to as much as US$6OO million. But at the same time, analysts say improving sales and cost-reduction efforts by the carmakers
      AP  -  246 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      752 3 ARRIVALS Service Local Operator Number Time From PAA PA005 0010 JFK SFO HKG MAS MH601 0630 KUL MAS MH680 0645 KCH CARGO CV7% 0715 LUX DXB SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI427 0930 BWN MAS MH671 1000 PEN/KUL SIA
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    • Article
      Lock icon US economy unlikely to do well this year
      765 3 BALDRIDGE PESSIMISTIC Reuter COMMERCE Secretary Malcolm Baldrige said in an interview published yesterday that 1961 does not look like a good year for the American economy. He said the economy would not repeat the strong showing it made in this year's first
      Reuter  -  765 words
    • Article
      Lock icon Ministers are hopeful of peace in Lebanon
      356 3 Reuter THE SYRIAN and Lebanese Foreign Ministers have expressed optimism about prospects for peace in Lebanon. Despite continued bitter fighting between Syrian troops and Christian militiamen in Beirut. Abdel-Halim Khaddam of Syria said after talks in Damascus with Lebanon's Fuad Butros that he
      Reuter  -  356 words
    • Article
      Lock icon Iran does not have enough foreign currency reserves
      279 3 Reuter IRAN does not have enough foreign currency reserves to finance deals, such as a proposed US$2.l7 billion contract with a British-based car manufacturer. Chief government spokesman Behzad Nabavi denied knowledge of negotiations with the Talbot motor company. At a news conference
      Reuter  -  279 words
    • Article
      Lock icon TRUDEAU'S REFORMS APPROVED WITH FEW CHANGES
      111 3 Reuter THE Canadian Parliament voted on final amendments to Prime Minister Trudeau's constitutional reforms, leaving the measures largely intact. The centerpiece of the reforms, a charter of rights which strengthens the Federal government's powers and weakens those of provincial governments, survived with few changes.
      Reuter  -  111 words
    • Article
      Lock icon Karmal proposes a leadership change
      331 3 Reuter AFGHAN President Babrak Karmal has said that his Soviet-backed government should have a new Prime Minister and be purged of what he called undesirable elements. But the Afghan leader, who also heads the Afghan revolutionary council and the ruling People's Democratic Party (PDP), did
      Reuter  -  331 words
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      322 3 Purnell's Pictorial Encyclopedia of Nature This lavishly illustrated volume containing a wealth of information in a new approach to children's nature encyclopedias. The book has been specially written and designed by experts to encourage an interest in nature by first introducing the reader to the animals that are easy to
      322 words
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      Page 3 Advertisements Column 2
      136 3 Your New Telephone SecretaryTHE/k OLftON COMPUTER DIALER An ingenious micro-computer device that computes, stores and dial up to 20 important phone numbers automatically all at a single touch of a button. And redials till you are connected, if line is busy. Also, a built-in 12 digit calculator and digital clock
      136 words
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  • RAW MATERIALS
    • Article
      Lock icon Likely fall in rubber demand
      264 4 Reuter WESTERN demand for rubber, both natural and synthetic, will be cut permanently by 600,000 tonnes as a result of adjustments to the 1980 oil price increases, consultant Landell Mills Commodities said in its latest monthly rubber bulletin. The ratio of rubber consumption to overall
      Reuter  -  264 words
    • Article
      Lock icon New stockpile policy
      159 4 Reuter A NEW US policy towards mineral stockpiling and development has been called for. Senator Barry Goldwater, speaking to the Wings Oub, an aviation industry association, warned that there was a danger that the mineral rich countries of Southern Africa would form an Opec-style cartel to manipulate
      Reuter  -  159 words
    • Article
      Straits Tin
      105 4 THE STRAITS tin price in Penang yesterday held unchanged at its 27-month low of M 529.71 a kilo reached on Saturday, dealers said. Saturday's fall of 34 cents to $21.71 took the price Into the lower ITA range of 53T1.28 to $39.11. The fail on Saturday was attributed
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    • Article
      CLOSING PRICES
      32 4 Rubber April 27 Singapore: May: 252.00 cents (up 3.00 cents) Malaysia: May: 270.00 cents (up 1.50 cents) Tin: M 529.71 per kilo (unchanged) Official offering: 182 tonnes (down 7 tonnes)
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    • Article
      RUBBER
      236 4 SINGAPORE rubber prices yesterday closed slightly higher with May One RSS buyers quoted at 252.00 cents per kilo, up three cents from last Friday's close, dealers said. Morning prices were slightly higher on some buying interest after fluctuating narrowly at the opening, they said. Afternoon prices fluctuated narrowly around
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    • Article
      RAS PRICES
      343 4 RAS prices In cenU per kUo yesterday Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt fob 248 00 250 OON Int. 1 R.SS May 251 00 252.00 Int. 1 RSS June 249.00 250.00 Int. 2 RSS 222.50 223 50N UK Conl 221.50 222.50N Int. 3 R S
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    • Article
      SSR and SMR
      121 4 NOON SSR and SMR pnc aa yeeUrday RA8 May (Cimit B«y«ra 8< 236 60 223 50 Mtfc) (ParwanlMthl SSR 20 SSR SO (1-lon pa (1 tor. pa JIM) Jlat) titer* 228.50N 225 SON Mytrt Ml 238.60 225 50 iMra 230 SON 227 JON MRBLB May JlSI SMR
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    • Article
      Produce exchange
      171 4 CHINESE Priiiee Exchange, SLngaporr, noon eMig prim per Ift kg yMterday. CMMMt stl: Bulk fob $115.00 sellers, old drum (In second hand drum) fob $138.00 sellers, in drum fob $134.00 sellers. Capr*.: Mixed (loose) $66.50 buyers Pepper: Muntok white pepper fob Asta NLW $412.50 sellers, Sarawak white pepper
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    • Article
      TEXTILES
      194 4 YARN and cotton prices were quoted as follows in Hongkong on Friday: (In HK dollars, spot ex-go-down) CrttM yam: China Blue Phoenix 20s 2,275; 32s 2,790, 40s 3,060 (per bale of 400 lbs). Piece gut: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and
      194 words
    • Article
      PALM OIL
      136 4 THE Kuala Lumpur market yesterday ruled steady on light covering for nearbys in quiet trading, dealers said. In April, south gained Mss to $975 and north traded at $995. In May the southern and central regions gained $7.50 and $15.00 respectively to $963.50. In June north gained $22.50
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    • Article
      Lock icon TIN TALKS THIS WEEK
      135 4 Reuter MALAYSIAN, Indonesian and Thai representatives will meet this week to talk about the problems of setting a new International Tin Agreement. The meeting will take place concurrently with the Asean energy ministers meeting in Kuala Lumpur, and will consider ways of preventing declines in the
      Reuter  -  135 words
    • Article
      LONDON MARKETS
      765 4 COITKK: Robuata futures yesterday ended a quiet morning steady, showing gains of £3 to £5 a tonne. The market was supported by follow-through buying after last Friday's firm close, dealers said. Near months ended the morning call at a premium to distant positions. There was no news on
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    • Article
      RICE
      310 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.06, 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
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      307 4 Come to the Bazaar. Come to the Turkoman carpet fair. Authentic. Picturesque. Pile rugs and carpets new and old. In the traditional folk art of the nomads of Central Asia. Bokhara. Samarqand. Kabul. That's where it all began in as early as fifth century BC. There, wandering tribes used them
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      103 4 ANTWERP JOHANNESBURG HONGKONG PRESIDEX SINGAPORE LOSANGEIES iuwii/U/\ STOCKHOLM I THE PRESIDIUM DIAMOND EXCHANGE I SINGAPORE: 10th Floor, Wellington Buttding, 20 Bideford Road Singapore 0922. Tel: *****86/7 Telex: ***** HONG KONG: 16th Floor, Lee Hing Building. 54-58 Des Voeux Road Central, Hong Kong. Tel: 5-*****8 Telex: ***** International Inter-Dealer Market 'ndcatons
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  • TRADE AND INDUSTRY
    • Article, Illustration
      GALAX MARINE WINS CONTRACT
      233 5 SWEDISH company Galax Marine has been contracted to supply accommodation modules for a semi-submersible accommodation platform being built by Far East Levingston Shipbuilding. The order, worth about $10 million, is the biggest received by the company since its incorporation in May 1978. It has received another
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      PEOPLE IN BUSINESS
      70 5 THE newly-appointed head of Bank of America's Asian operations, Mr James Mlse*U, left Singapore last Friday after a familiarisation visit. The visit was Mr Miscoil's first trip to Singapore since his appointment as head of Asia division early this year. In Singapore he visited the bank's offices
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    • Article
      Indian chamber responds
      371 5 THE Indian Chamber of Commerce has taken up the governments's suggestion that local trading companies pool their resources and set up large international trading companies. A five-man study group set up by the chamber last December is expected to submit a feasibility report probably in the middle
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    • Article
      Reduction in import duties forces a change of plans
      245 5  -  JUNE LIM A MANUFACTURER of garments has curtailed plans to produce a more expensive range of skirts in the face of lower import duties on garments. Town Fashion Company, which manufactures skirts under the brand name Galeton, has imported machinery and
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    • Article
      Workshop
      41 5 DIS Singapore, a distributor of data terminal systems, is introducing the TK7OOO magnetic ink character recognition encoder system to Singapore. To familiarise banks with the use of the machine, DIS is holding a one-day workshop at Ming Court hotel today.
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    • Article
      Aftex should assume a bigger role
      348 5 THE international trade negotiation committee of the Asean Federation of Textile Industries should play a bigger role in working out a common stand to be adopted by Asean in negotiations for renewing the Multi-Fibre Arrangement. Mr Lam Thian, chairman of the Joint Standing Committee
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    • Article
      Car sales likely to stabilise
      254 5 CAR sales are expected to stabilise this year following the boom last year. Speaking at the opening of Borneo Motors' Aljunied showroom, Mr Brian Holder, director and general manager of Borneo Motors Singapore, said: "We feel that the market is settling down rather than going
      254 words
    • Article
      Exhibitors conclude contracts
      106 5 SEVERAL exhibitors at Asiatex 81, the international textile exhibition now on at the World Trade Centre, have concluded sales. One of the biggest contracts was secured by Wan Teck Chiang Machinery. It received an order worth $400,000 from a local company for the supply of an embroidery
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      240 5 11 -V f i»VT J m <X y J* w*?~ ,r"» ;j 5* s 'Ai >,r,- i w 4 i mm J i 0% »«•> MODERN STYLE LIVING IS IN SPRINGLEAF GARDE We call it the Springleaf Specials Our 6-room detached bungalows built for security system, tiled driveway etc we
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      52 5 For a handy, complete guide to the exciting new world of Home Video, don't miss the May 4th issue of TIME Magazine. S»* c MB Look for the inside cover of this special 36 page section, loaded with information on the fascinating TV revolution. TIME The news magazine for the
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  • REGIONAL
    • Article
      Lock icon Asean urged to invest in non-oil resources
      507 6 AFP ASEAN countries should pool their resources for massive investment in non-oil energy development programmes so that they do not become "captive to disruptions in oil supplies." This call came from the Malaysian Deputy Prime Minister Dr Mahathir Mohamed when he opened the
      AFP  -  507 words
    • Article
      Lock icon OFFERS TO DEVELOP VIETNAM'S OIL DEPOSITS
      145 6 Reuter VIETNAM is studying offers from Britain, Australia and Norway to help develop its oil deposits. Deputy Prime Minister Tran Quynh told the Yomiuri Shim bun he hopes Japanese interests will also provide oil technology and finance as Vietnam has no intention of cooperating
      Reuter  -  145 words
    • Article
      Lock icon US and Japan discuss car import dispute
      436 6 NYT THE UNITED States and Japan will exchange top trade negotiators this week to settle the dispute over Japanese car exports to the US before talks between President Reagan and Prime Minister Zenko Suzuki in Washington on May 7. The US will send
      NYT  -  436 words
    • Article
      Lock icon Reagan's decision to lift grain embargo puzzles China
      298 6 Reuter CHINA yesterday appeared puzzled by US President Reagan's decision to lift a partial embargo on grain sales to the Soviet Union and said it would continue to study its significance. A Chinese foreign ministry spokesman said the decision could not have
      Reuter  -  298 words
    • Article
      Lock icon Sihanouk may have to take back seat
      472 6 Reuter FORMER Kampuchean head of state Prince Norodom Sihanouk said yesterday he would have to take a back seat in an anti-Viet-namese coalition because he had inadequate foreign aid to build up his small band of supporters. It was the third time in
      Reuter  -  472 words
    • THE REGION IN BRIEF
      • Article
        Lock icon FIVE YEARS TO REFORM
        332 6 Agencies CHINESE deputy premier Gu Mu said it will take at least five years to review and reform the Chinese economy. He was quoted as saying the readjustment and reform of the Chinese economy is faced with great difficulties. DIESEL engines bnilt in Chin* are being
        Agencies  -  332 words
  • ASIAN STOCKS
    • Article
      Market average at record high
      439 6 TOKYO THE market average on the Tokyo Stock Exchange yesterday rose 40.30 to close at a record 7,588.03 in anticipation of stepped up foreign purchases following the yen's sharp recovery against the US dollar, dealers said. The Tokyo Stock Exchange index added 2.34 to 553.74
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      Sydney
      392 6 INTEREST rate concern returned to erode confidence among industrials, while sellers continued to take profits from selected oil and mining issues, brokers said. The industrial index, which until yesterday had fallen only three times in 36 trading days, ended 4.6 points down at 752.2 after the Bank of NSW
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      Bangkok
      243 6 STOCK prices yesterday generally closed unchanged in sluggish trading, dealers said. Siam Cement fell two baht to 246 and Charoong Thai Wire rose three to 177, while First Trust, Saha Union and Jalaprathan Cement closed unchanged at 64, 178 and 112 bahi respectively. apr r? Asia Crsdtt Bants MB
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    • Article
      Manila
      126 6 THE stock market yesterday closed mixed as turnover fell to 1.9 million pesos from Friday's 3.1 million, dealers said. PLDT rose, Phil Overseas and Seafront fell and others were either unchanged or untraded. apr n Pesos Aco)e Mining OOM unch AUu Coo A AUu Con a SI ♦2 Baculo
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    • Article
      Selected indices
      30 6 H.K.HANG SENG Monday closed Friday 1428.31 Week Ago closed AUSTRALIAN INDUSTRIALS Monday 752.2 Friday 757 1 Week Ago closed ALL ORDINARIES Monday 712.4 Friday 720.8 Week Ago ...closed
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    • Article
      Lock icon Pioneer Sugar in A$33 m deal
      196 6 Reuter QUEENSLAND sugar producer Pioneer Sugar Mills Ltd will acquire 20 per cent of coal miner Austen and Butta Ltd in a deal worth about A 533 million, the two companies said. Austen and Butta will issue 545,000 ordinary 50 cent shares to Pioneer
      Reuter  -  196 words
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      99 6 Every trip to North America deserves awonderHil Copenhagen When you are flying nearly half way Experience the Scandinavian way around the world, you deserve a break en the moment you board by flying SAS. route in Europe's most delightful city. Relax with the Danes in their cozy, From Copenhagen, SAS
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      3 6 Leader ...page 8
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      Page 6 Advertisements Column 3
      38 6 <r 4? m s Pakistan Single-Knotted Prayer Rug </rTB v. J •m w Shanghai Pure Silk Rug /J3HP CARPET GALLERY Gil Gl5, Lucky Pla/a, Ground Floor, (facing Orchard Road) Singapore 0923. Tel: *****83. OPEN WEEKDAYS SATURDAYS: 9am- 7pm
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      461 7 m c Acconfing to experts in West Germany .S., ana Japan,one home video format 7 II il is superior to al others... Sonv Betamax! X. M x- m m ..v gpfJlWw- fxL^tSss^- A short glance at the test results shows the Sony videorecorder leads all the other models in almost
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  • Article
    Short-sighted strategy
    429 8 THE CASES for and against protectionism have been argued time and again, the proponents of either case understandably standing fast on their chosen side of the wall because the issues at stake are critical jobs and the well being of certain industries. But however persuasive the man who
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  • Article
    Better for Reagan to save his breath
    430 8 THE UNITED States' threat of a total trade embargo in the event of Soviet intervention in Poland is about as comforting for the Western world as it must be hilarious for the stony-faced occupants of the Kremlin. History and circumstance have cast the
    430 words
  • Article, Illustration
    Lock icon Smoke signals from the Third World
    1504 8 The tobacco multinationals are being drawn to the Third World countries of Africa and thejn V Far East whose markets look especially tf/Mu.\\. attractive against the maturing marketsf M |ImN of developed countries. DAVID CHURCHILL follows the smoke signal i|T fyWttffl W and, at
    FT; SOURCE:  -  1,504 words
  • Article
    UK proves to be an exception
    339 8 THE UK market far cigarette* is »ae of the few exceptions to the cansisteat worldwide growth tread fer cigarette ceasomptiea. British cigarette sales, which totalled 124 Mitten last year, have faliea every year since lfl4. Last year the decline eras a beat 15 per
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      355 8 fH)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 India has made rapid progress in the manufacture of complete machinery as well as components and accessories in the last few years. Indian textile machinery are being exported
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      660 8 CRYPTIC PUZZLE ACROSS 1 Game in Western history (5) 6 All-round grins? (5) 9 One who takes obstacles in his stride (7) 10 Having flat features? (5) 11 Fabric I love to weave (5) 12 It multiplies grossly! (5) 13 Traders who decide the price? (7) Revolution 15 Revolutionary start
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    • Miscellaneous
      Page 8 Miscellaneous Column 2
      540 8 The Veils of Baghdad IK ARABIAN nights are yttr burtariM Ml yearafttmw'i tree, teday's matinee, lie Yells of BAgbdsd should provide nw light relief iai escape. Starriag Vleter Mature and Marl Blanchard, It la abeat a dashing adventurer whe falls la love with a beaattfal daacer la the day* ef
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  • Article
    STRAITS SCHEME
    748 9  -  FORUM with S UMADEVI AS THE Law of the Sea Conference lumbers on, the littoral states surrounding the Straits of Malacca have decided to go ahead with a tripartite agreement to protect their own interests. On Friday, Malaysia, Indonesia and Singapore will jointly enforce the Traffic Separation Scheme.
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  • Article
    STRAWS IN THE WIND
    124 9 WHO were those two men who streaked through Le Club and the Marco Polo restaurant the other night? Shenton Way habitues should have found the faces familiar even if banker's garb normally leaves the rest of the body up to your imagination. A LADY, engrossed in
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  • Article
    How legal are those Currency Board sorting penalties?
    263 9 r 1 Letter to the Editor Dear Sir, I am astounded by the recent report in your newspaper that all banks in Singapore have been ordered by the Manager of the Currency Board to sort out and separate the soiled and dirty
    263 words
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      Page 9 Advertisements Column 1
      300 9 GOLDBELL ENGINEERING PTE. LTD. Distributors for MITSUBISHI FUSO TRUCKS Ik BUSES in Singapore are pleased to announce that they have been awarded a tender by HOUSING DEVELOPMENT BOARD to supply 40 units of MITSUBISHI r USO DUMP TRUCKS (F V 313 JDR model) MITSUBISHI FUSO FV3I3 JDR Mitsubishi GVW 25
      300 words
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  • INTERNATIONAL STOCKS
    • Article
      Mobil earnings down by 24pc
      318 10 MOBIL's 24 per cent decline in first quarter operating earnings from last year's record levels was primarily due to lower refining and marketing profits. The company has reported first quarter earnings of US$64O million, or $3.01 a share, down from $846 million, or $3.98 a
      318 words
    • Article
      GETTY OIL TAX BITE
      101 10 GETTY OIL, reporting slightly higher first quarter earnings, said the windfall profits tax reduced net by about US$92 million, compared with $12 million a year earlier. It said taxes, plus foreign taxes, substantially offset the benefits of higher prices for crude oil, condensate and natural gas
      101 words
    • Article
      BNOC achieves buoyant results
      131 10 STATE-OWNED British National Oil Corp has reported sharp 1980 pre-tax profit of £309 million from a restated £77 million in the previous year. Sales amounted to £4.32 billion from £3.24 billion, with after-tax profit surging to £88 million from £21 million previously. BNOC chairman Philip Shelbourne
      131 words
    • Article
      Du Pont setback
      93 10 AMERICA'S largest chemicals company has reported a fall in profits in the first three months of the year because of a drop in earnings abroad. E I Du Pont de Nemours and Company said profits came to US$2lO.l million, down from $239 million in the last quarter
      93 words
    • Article
      North BH profit downturn
      147 10 UNA! DITED net profit at North Brokrn Hill Holdings Ltd dropped to A 519.12 million ($25.78 million) in the nine months to March 31 on sales of $43.(7 million ($84.11 million) and other income of $14.»7 million ($11.74 million). Profit is after estimated tax of $2.29
      147 words
    • Article
      Lock icon Amended terms
      321 10 Reuter MASSEY-FERGUSON has received approval from the governments of Canada and Ontario of amended terms for a Cs2oo million government-guaranteed issue of preferred. The 525 par shares will carry a dividend of one-half of the Canadian prime lending rate plus 1.J75 percentage points, which at present would provide
      Reuter  -  321 words
    • Article
      VOLVO BID ACCEPTED
      87 10 MORE THAN 90 per cent of shareholders in Beijerinvest AB accepted Volvo's offer to merge the two companies. The offer, which expired on April 15, extended to Beijerinvest shareholders one Volvo ordinary share, one debenture of 60 crowns, one debenture of 45 crowns and 50 crowns in
      87 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      244 10 "The American Express Card serves you well, wherever good food is served" o wine Get away to Sentosa f f FJ 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
      244 words
    • Advertisement
      Page 10 Advertisements Column 2
      147 10 lubertug ®r(U For lunch. For dinner. For a richly rewarding experience. Businessmen s Lunch Monday to Friday $19.50 10'/ service charge 3'•» cess Javanese Rijstafel Saturday Sunday Sl7.r>(l 10'< service charge 3'< cess For reservations call *****77 A W H' «*nlur\ I 'in-li Silh'iiil*>■ > ,~t j\ t-CTtLS %\S «VOn.
      147 words
    • Advertisement
      Page 10 Advertisements Column 3
      136 10 Feast like an emperor at Chinatown •3 ft bW I Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at The Chinatown, we serve Szechuan specialties Name your favourites Or ask for our recommendations Then be treated to a feast of tastes
      136 words
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      Page 10 Advertisements Column 4
      136 10 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. 2156 oJ& CD Offers you an ever-changing panorama of
      136 words
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      Page 10 Advertisements Column 5
      184 10 See Page 6 for Asian stocks i£ The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear with "The Zodiac". Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome 4 Cockpit Httd
      184 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      510 11 THE US DOLLAR closed generally easier against major currencies in light trading in the local foreign exchange market yesterday. Dealers attributed the dollar's fall to lower Eurodollar deposit rates and a decline in the latest US weekly money supply figures. US dollar opened at 214.25/35. Heavy selling of
      510 words
    • Article
      PLR
      22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.85 per cent.
      22 words
    • Article
      GOLD
      195 11 SINGAPORE gold futures yesterday closed easier, with its initial fall reflecting the metal's weakness in New York last Friday Trading was very quiet partly due to the closure of the Hongkong market yesterday for the Queen's birthday holiday. Total sales for the day was recorded at 32 lots while
      195 words
    • Article
      Silver quotes
      41 11 M Than New York 11 20B 11 35B ***** 11 55S Zurich 11 3QB 1120B U.50S 11 <os PSH Singapore 11 20B r n 1130B 11.40S 11.506 Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
      41 words
    • Article
      LONDON
      220 11 THE dollar yesterday showed a sharp decline against the yen in early trading here, with the rate opening at 211.55/75 yen, in line with yesterday's Tokyo close but down from New York's Friday close of 214.45/65, dealers said. The dollar opened generally lower against European currencies in the wake
      220 words
    • Article, Illustration
      Loan for Wang Lee Bank
      184 11 A US$5 million syndicated multi-currency loan facility raised for Wang Lee Bank, the second oldest commercial bank in Thailand, was signed in Singapore last Friday. Signatories were Mr Suvit Wanglee, president of the Thai bank, and representatives of the lending institutions. Participants in the loan
      184 words
    • Article
      Lock icon LONG-TERM RATE CUT
      124 11 AFP THE INDUSTRIAL Bank of Japan and other financial institutions last week announced a 0.3 per centage point cut in the long-term prime lending rate to 8.5 per cent per year following the third round of cuts in the official bank rate in March. The announcement said
      AFP  -  124 words
    • Article
      Thai offer
      55 11 THE KINGDOM of Thailand has invited banks to bid on a US$2OO million to $220 million syndicated credit. One quarter of the amount will be used for military expenditure. Thailand has asked for replies from groups prepared fully to underwrite the credit by yesterday, and is expected to
      55 words
    • Article
      ASIAN $ RATES
      199 11 ASIAN RATES ASIAN currency deposit interbank rates as at close on Apr 27. US Dollart(Spol) Offer Bid 7 days 15'. 15 s I 1 month 16 3/16 1611/16 2 months 161/16 15 15/16 3 months 16 U 16'i 6 months 16'. 16'• 9 months 1513/16 1511/16 12 months 1511/16 15
      199 words
    • Article
      Discount
      47 11 RANGE ol prices offered by discount houses on Apr 25: Overnight: $W% Call deposits: m to7>.% Cloaiag Baying Selling 3-month Treasury bills 6H 3-month •.4 Bank bills 10 9% 3 months CD 9 9/18 9 7/16 S months CD 10 3/16 101/16 Source: National Discount Co
      47 words
    • Article
      TOKYO
      141 11 THE US dollar for overnight delivery yesterday closed sharply lower at 211.60 yen compared with a 214.50 opening here, a 214.45/65 dosing in New York, 214.25/ 50 on the West Coast and 215.35 here last Friday, dealers said. Trading was active with volume US$l.5O billion. The dollar's closing level
      141 words
    • Article
      AMDB's new chief executive
      200 11 THE ARAB-M»liyg|i Development Bank (AMDB) will have a new chief executive next month when Encik (ihazali bin Datuk Vusoft takes aver from Mr Hussain Najadi, its present chief executive and managing director. Mr Najadi is moving on to Bahrain where he »111 be the chairman and
      200 words
    • Article
      BNP returns with largest FRCD issue
      392 11  -  By ALVIN TAY BANQUE Nationale de Paris returns to the Singapore-based floating rate certificates of deposit (FRCD) market in grand style with a record US$6O million issue. This is the largest issue in the Singapore market since it was started in November 1977. Banco
      392 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      101 11 FURNITURE Willi Touch of Class LUXURY INTERIORS PTE. LTD. 321, Plaza Singapura M n di t k A CTO«V REPRESENTATIVE FOR SOUTH EAST ASIA STIHUS.E.AJPTE LTD Unit 1003 10th Floor, Tan Boon Liat Building. Outram Road Singapore 0316 Tel *****47 (3 Lmesi Cable STIHLSEA Telex RS ***** WW M Don't
      101 words
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      Page 11 Advertisements Column 2
      236 11 Rick's an accountant, but he's only iust discovered adding one and one gives nim ML ■v w. V i k r 4 a: V •*»:>" J DBS Autosave. S3 DBS Rick found a cheque book was very useful to buy things when he wasn't carrying sufficient cash. It was also
      236 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2116 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 (1768) (1)
    2,116 words
  • Article
    Unit trusts
    173 12 amOATOU UNIT TBUVT prt«i tar Aw B) The Commerce 4.08 4J3 The Savtngi Fund 2J0 2.31 S'Pore Prog Fund 1.07 175 S pore Sec Fund 2 (0 2.73 S pore UrveM Fund 2.30 2.03 S pore Equity Fund 1.30 107 AAA UOTT1 Hew MjU Invest Fund MjlI Prof
    173 words
  • Article
    SHARE INFORMATION SERVICE
    2815 12 1981 High Low Compaay Last Sale +orGr's Div Div CTT Gr's YHd Nat P/E Vol Day COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 378 334 312 420 200 050 550 430 320 130 161 330 no 650 322 300 Acma Alcorn Allied Choc BAT Bata Ben Berjaya
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  • Article
    In Kuala Lumpur
    1916 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. -r INMSTRJALfI Alcm (3 28B) (I) 3.28 A Ckae (2.888) AMD (2MB)
    1,916 words
  • Article
    COMPANY MEETINGS
    49 12 MALAYAN Cemeat Berkad: AGM to be held at 1st Floor, Wisma Damansara, Jalan Semantan, Damansara Heights, Kuala Lumpur on Apr 30 at noon. STRAITS ItnimMp Campa■y Limited: AGM to be held in the Tower Room, Ocean Building, Collyer Quay, Singapore 0104 on April 30 at 11 am.
    49 words
  • Article, Illustration
    Bulls push prices up sharply
    751 12 BI LLS went n rampage at the stock exchange yesterday, sending price* rising sharply scrotw the board. Price* opened Ann and rose consistently throughout the day, Interrupted only by slight profit-taking In the morning. Bears had no place In the generally bullish market and were
    751 words
  • Article
    KL sentiment still bullish
    598 12 SHARE prices were dealt firmly on the Kuala Lumpur Stock Exchange yesterday as sentiment continued to be bullish. Gains were recorded on a broad front while speculative interest was still apparent in selected issues. Prices opened higher as a result of greater optimism due to strong
    598 words
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  • COMPANY NEWS
    • Article
      UOB units face mixed prospects
      507 13  -  By CHOO AI LENG UNITED Overseas Finance (UOF) and United Overseas Insurance (UOI), the two subsidiaries of the UOB group, are facing mixed prospects in the current year. For UOF, the opportunities to expand its loans are likely to remain good as the demand for
      507 words
    • Article
      FALL FOR ULU BENUT
      128 13 UNAUDITED pre-tax profits of Ulu Benut Consolidated Industries, an investment holding company and manufacturer of refactory fire bricks, show a fall for its first half year ended Feb 28, 1981. Group taxable profits were down to M 5253,870 against $547,613 previously. The mid-term profit decline followed
      128 words
    • Article
      Bright outlook at Pacific Chem
      436 13 PACIFIC Chemicals Berhad is confident of maintaining its strong performance this year, despite economic uncertainties and the current environment of high money cost and fluctuating currencies. In its annual report to shareholders, Pacific's new chairman, Mr N Harrs, notes that the outlook for the Malaysian
      436 words
    • Article
      Lock icon Goodyield Plaza silent on Dunlop loss
      315 13 Reuter GOODYIELD Plasa Sdn Bhd, the largest single shareholder In Danlop Holdings Ltd, declined comment on the CM million after-tax Ims reported last week by Daalep for 19M. A company sfllela! said the company, which has a declared Hi per eent stake la Dulop,
      Reuter  -  315 words
    • Article
      MFM profit trimmed
      269 13 GROUP turnover at Malayan Flour Mills (MFM) improved significantly by 17.44 per cent (1.8 per cent In 1979) to MJ103.7 million for the year ended Dec 31, 1980, but group pre-tax profit has dropped from $9.3 million to |9.2 million suggesting some trimming of profit margins. This
      269 words
    • LATEST RESULTS
      • Article
        AYER Hitam Planting Syndicate Bhd
        92 13 has an- nounced a 35 per cent rise in pre-tax profit to M 5741,496 for the half year period from April to September 1980 This was achieved on a higher sales volume of $1.44 million <$1.12 million previously) and a better rubber crop, which rose
        92 words
    • Article
      Palmco to buy $25m Casuarina
      449 13  -  By KOH TSE YING JUST over two months after acquiring public status, palm-oil based Palmco Holdings Bhd has already taken a positive step towards diversification with a MJ2S million hotel purchase. As part of the company's plans to broaden its base of operations, Palmco announced
      449 words
    • Article
      COMPANY BRIEFS
      128 13 A FIRE broke out at the refinery of Hwa Hsag Maaafaetarlag Ca Bhd, associated company of Hwa Hsag Maaafaetarlag Cs Lid at about 9.30 pm on April 24. The fire was put out within half an hour by the fire brigade but the cause and extent of damage
      128 words
    • Article
      Lock icon Gold Coin displays a medium-term shine
      719 13 TCMO3 ssmgcj HOCK LOCK SIEW WHILE feedmill group Gold Coin's latest results could hardly be described as glittering, they did reflect a substantially improved performance over the first half as well as a glimmering promise of better things to come. For on the platter
      HOCK LOCK SIEW  -  719 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      259 13 Jardines'l9Boßesults Operating Profits up 27%, Bonus Issue Net earnings up 26.6% to SGD 207.6 million. Extraordinary items and exchange translations add a further net SGD 191.5 million, making total earnings of SGD 399.1 million. Earnings per share before exchange translations and extraordinary items rose to SGD 0.81, up 22.2% on
      259 words
    • Advertisement
      Page 13 Advertisements Column 2
      179 13 -VfNTY POUNDS STERLING P </ HAPS *1 51 w fr>. 120 S5O >* fzmm&mM" I I mmam b«* The Five Star Travellers Cheque Available in dollars and sterling and welcomed world-wide in hotels and restaurants, for entertainment and shopping, for travel tickets, for car hire and motoring expenses. Easy to
      179 words
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  • Article
    Asean can supply own textile needs
    426 14  -  By HSUNG BEE HWA ASEAN countries should seriously look into the possibility of increasing trade in textiles and garments among themselves in the face of rising protectionism. Mr Ridzwan Dzafir, director-general of the Trade Department, yesterday called on textile manufacturers to develop products to
    426 words
  • Article
    S'pore-Aussie ties may be tense from time to time
    313 14 SINGAPORE can expect relations with Australia to be tense at times and to reflect differences in outlook, said the new Australian High Commissioner to Singapore, Mr Tim McDonald, on his arrival yesterday morning. But this state of affairs is not altogether
    313 words
  • Article
    More tourists but duration of stay shorter
    219 14 MORE tourists visited Singapore in February compared to January, but the visitors stayed for rimer periods. The Singapore Tourist Promotion Board said some 215,701 tourists came in February. This was a healthy growth of 14 per cent and a slight gain over the
    219 words
  • Article
    LONDON STOCKS
    786 14 LONDON, Mon. Equities generally finished mixed, although the oil sector was weak throughout, and government bonds drifted in quiet trading, dealers said. The Financial Times index at 3pm was down 0.9 points at 586.4. Share prices opened lower across the board but a mid-morning rally attempt steadied the
    786 words
  • Article
    DOW JONES ADVANCES FURTHER
    95 14 NEW YORK, Moo. The «tort market gained more ground this morning. The Dow Jones average of 30 industrial stocks, which hit an eight-year high last Friday, gained another 2.25 points to 1,022.80 in the first half hour. Advances held a 4-to-3 margin over declines. The Labour
    95 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      789 14 The National University of Singapore in conjunction with The University of Texas at Austin present General Management Program two-week senior managerial development syllabus for functional specialists Date June 1 12, 1981 INTRODUCTION This program has been developed for managers with experience in specialized functional areas. Its main objective is to
      789 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      65 14 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places from around midday. Repert f»r U h#uv prter to 7M pm m April 27 ftt the alrpart Maximum temperature 32.9 Associated humidity 66 Minimum temperature 23.6 Associated humidity 97 Hours of sunshine 5.80 Rainfall in
      65 words
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  • SHIPPING TIMES
    • Article
      Secam appoints new agent in Singapore
      255 15 SOCIETE de Courtage et d'Affrement Maritiraes (Secam), a French line providing wood carrier service to the Mediterranean and European ports, has appointed Transocean Liners Pte Ltd as its new agents in Singapore. Transocean has also set up a new office in Manila to handle
      255 words
    • Article
      Daelim wins final component of Bintulu contract
      440 15  -  By G DURAIRAJ DAELIM Industrial Co Ltd of South Korea has been awarded the fifth and final component of the contract packages to build the Bintulu port in Sarawak. With the $39 million contract to construct offices, buildings and utilities, Daelim has become
      440 words
    • PORTSIDES
      • Article
        Offshore seminar
        102 15 A TWO-day seminar on Design and Construction of Offshore Structures starting tomorrow will be attended by more than 100 participants from the various offshore-related industries in Singapore. The seminar, organised jointly by the Society of Naval Architects, Singapore, and the Department of Shipbuilding and Repair Technology of Ngee
        102 words
      • Article
        Bahrain to expand port
        182 15 BAHRAIN port authorities are currently studying plans to expand the container port of Mina Sulman at a cost of up to US$lO6.l million. A feasibility study indicates two possible approaches to the terminal's expansion. The first, an extension to the south of the existing berths, would
        182 words
      • Article
        New S. African service
        93 15 A MARINE transport company has started a new service between the South African city of Durban and three East Africa-Indian Ocean ports, the South African state radio reported. The radio did not indicate what financial interests were behind the company, Panak Lines, which it said was
        93 words
    • Article
      INDEX TO ADVERTISERS
      693 15 Shipping UM P*g* CM Skipping Line (M Achipelego Adriatic Afe* Afro-Eurasia A1 Navigation All trans Alpac Angina tan Angonave ANL An toll APL Argentine ASCL Asia Merchant Bait-Orient Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Benbulk Bintulu Blue Funnel Blue Star Burmene CAVN-FMG CCNI
      693 words
    • Article
      Revised operational procedures may reduce tanker disasters
      280 16 A NEW industry study of recent tanker disasters shows that revised operational procedures, rather than tougher technical requirements, may be the only effective route to reduced casualty figures. This study, as yet unpublished, was carried out by an expert group established last summer
      280 words
    • Article
      Container Schedules
      573 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Asian Pallas 4802 27.4.81 0700 Integrated TA 4 TT Bunga Penaga 17B/18A 27.4.81 0600 Ned-EAC TA 4 TT Kal Shun 13A
      573 words
    • Article
      LONDON FREIGHTS
      1487 16 SUGAR chartering was fairly active on an otherwise rather quiet freight market on Friday with business finalised from the Dominican Republic to Toledo for end April at US$3O fio and from Valparaiso to Peru in April at about $29.75 fio, while $18 fio was paid from Punta Morales
      1,487 words
    • Article
      SHIPS IN PORT
      415 17 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Jalayamini (after Chios Merchant) 8/9 Kota Makmur (0700) 10/11 King Dragon (after King Bird) 23 Nedlloyd Linge (18) 3/4 Pateverett (090 after Pavlodar) 33/34 Perlis (2030 after Perak) 20 West S.A. Alphen (after Sagaland will shift to Gdn. 45 0600/ 29th for
      415 words
    • Article, Illustration
      ScanDutch looks to Asean
      255 17 ASEAN rates as a highly significant area in the development of the Scan Dutch international shipping consortium, and Singapore will remain an important port-of-call for Scan Dutch services. This was stated by Mr PJ Bruls, the newly-appointed Far East general manager of Scan Dutch Limited, based
      255 words
    • Article
      Hongkong port operators must be more efficient
      345 17 HONGKONG port operators are not efficient enough, particularly in container storage, said a Hongkong marine department official recently. The officer, Captain M Seale, said the Kwaichung container terminal has not reached maximum capacity yet although space utilisation is the highest in the world.
      345 words
    • Article
      Lock icon New traffic system in Malacca Straits starts on May 1
      824 17 Reuter A NEW traffic system to keep supertankers and other giant vessels apart in the narrow Malacca Straits, one of the busiest sea lanes in the world, becomes effective on May 1. The "traffic separation scheme" was devised by the
      Reuter  -  824 words
    • Article
      Lock icon Fears of tanker explosion in Port Alexandria
      237 17 AP A STATE of emergency was declared in Egypt's Mediterra nan port of Alexandria last week as rescue teams and firemen struggled to control a huge fire aboard a Panamanian flag tanker carrying 3,000 tons of petrochemicals, including eight tons of explosive material,
      AP  -  237 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1843 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
      1,843 words
    • Article
      SHIPPING EVENTS
      264 22 ROYAL Institution of Naval Architects annual general meeting April 28, 10, Upper Belgrave St. London SWI. Fourth International Symposium on vessel traffic services April 28-30. Registration. The Hochshule fur Nautick Bremen. West Germany. Voyage Planning May 7, Royal Institute of Navigation, 1730 hr. Room 506, Liverpool Polytechnic, Liverpool.
      264 words
    • Article
      China maintains new ships orders in Japan
      461 22 DESPITE the much publicised Chinese cancellation of major foreign contracts, it seems unlikely that the cutback in the modernisation programme will have much effect on China's orders for newbuildings in Japan. Currently, China Merchants Steam Navigation, the Hongkong company which acts as China's
      461 words
    • Article, Illustration
      USSR to launch icebreaker
      171 22 THE Soviets will soon launch a new nuclear-power-ed icebreaker, the Rossiya, to be used for Arctic icebreaking expeditions. The Rossiya has come a long way from 20 years ago, when the world's first nuclear-powered icebreaker, the Lenin, came into operation. The Lenin navigated for many years
      171 words
    • Article
      Lock icon Coal problem may lead to excess port capacity
      287 22 NYT THE long-range problem in the coal export business may well turn out to be excess port capacity rather than the inability of ports and other transportation companies to handle the expected boom, according to some rail and coal experts. "By 1985,
      NYT  -  287 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      584 15 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS See Page V k m CONTAINER Schedules II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII SHIPPING Events VIII <sp» IA RDIM
      584 words
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      Page 15 Advertisements Column 2
      278 15 SJSEALORDO UASC UNITED ARAB SHIPPING CO (SAG) I H BOTM 33 2S/4 I HUM 31 27/4 M. FUJMUM IS/5 I V 33 27/5 I«L FATW I 7/1 NHMMRMU 9hnßW 2 ft FULLY CONTAINERISED SERVICE 3RO FLOOR, MARINA HOUSE, SWGAPORE 0207 TEL *****94 TELEX NO R*****9 CFS OFC 2nd FLR TPC
      278 words
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      Page 15 Advertisements Column 3
      496 15 > v VSWU SS SINGAPORE business Times PenodtcoK PuDhCaiKX) MATTER MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA. ASIAN PORTS re«d«r Vmmi •SWGAPORE CLOSVK TNtS CT 3rd May 2300 HRS CFS 3rd May 1100 HRS TO: BELGIUM. HOLLAND. GERMANY, SCANDINAVIA. SWITZERLAND. AUSTRIA. FRANCE Fe«Jer Vratl
      496 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      899 16 MIBD Ifi MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY P.O. BOX 371, KUALA LUMPUR 04-09' MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** Mm Acceptng ftr 1) Barcelona. Genoa. 2) Amsterdam Antwerp. L Havre. Bilbao. Basle. UK. 3) Bremen. Bremerhanen. Aarhus, Copenhagen Helsinki 4) Malmo.
      899 words
    • Advertisement
      Page 16 Advertisements Column 2
      186 16 BBS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA "BARBER TOBA" fey 2. "TERRIER" H* 7. "BARBER NARA" Kay 17. "TAUBMAN" May 21 MI KSSLS BHTH SMUfOK IT MS TDHMM. COOMB 47 TO: CALIFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE fN.SO ICCfFTWE HJ T. Mm. Nn Ortaa* Mh «M
      186 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      1015 17 News so big we can hardly contain ourselves. fill Just when you thought SHH the Port of Oakland would be B(ll content having more container 1 capacity than any other Pacific Coast port, we leap ahead with a multi-million dollar expansion program that will increase the Port's capacity by 40
      1,015 words
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      Page 17 Advertisements Column 2
      298 17 pfg Franco Belgian Services I h\i< F, lv' •>; »t 1,-, l!< ]<, ','jijr. •V| fv C.M.C.R. SEAPAC CONTAINER SERVICE nu contm FtHM ttl rot stok motkbwl u oak sulf e/c Monavsi t/c s* la om m f 1/5 S/IiBSTON 23/5 28/5 31/5 3/1 "/J *1/3 M/J 2/4 22/4 H
      298 words
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  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      740 18 Hapag-Lloyd CMilfar (Ml 19/5 21/5 24/5 TO NORTH EUROPE MEDfTEJtRANEA/ Accepting FCI to Trieste »ia Genoa S OOfe PK Pen Bilbao Genoa H burg B lu»en Rdam Antwerp 8/5 U/5 8/6 2/6 18 6 16/6 13/6 11/6 18/5 15/5 17/6 19/6 21/6 24/6 2/6 4/6 7/6 29/6 13/7 11/7 8/7
      740 words
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      Page 18 Advertisements Column 2
      738 18 KOREA SH,mNG CORPN P. Kelanc PENANG S PORE VEGA 159* Sid In Port 29-30 Apri FROM BUSAN BANGKOK VEGA 160E Sid In Port 29 30 Apri TO BUSAN INCHON ALTAR 163W 18-22 May 23-26 May 28 31 May FROM BUSAN BANGKOK AITAIR 164E 18-22 May 23-26 May 28-31 May TO
      738 words
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      Page 18 Advertisements Column 3
      537 18 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR UNITEO KINGDOM i>UU I HAMPTON. LONDON. MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS ETC. WEST GERMANY (MMtRHAVEN. OSLO. STOCKHOLM, GOTHEN BURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM S'P** MM tMimttm f Mitlovt IWwp Lt Hnrt (nrltril 5/05 14/05 27/05 20/05 31/05
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      Page 18 Advertisements Column 4
      924 18 EvevettLinesi "BURMESE NATIONAL LINE" LOADING FOR RANGOON Spn flHwi Pena* 8! TWIT Mi «S/2» Apr HTMfTMOTM }/«fcf PtMSMKCTtimH 7/9 Nay HTOHTYIM It/12 Ma? B F SS C. Agcnli *1 Mokjywo BOUSTEAD SUPPING m NOS KL *****2/*****9 laLi# Compsnia Argentina Da NiMMcion lirtarcontinantal S. A. C.I. F. VjUVy "ARGENTINE NATIONAL LINE"
      924 words
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      Page 18 Advertisements Column 5
      418 18 uu mO.S.E. OCEAN SHIPPING 8 ENTERPRISES PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE noun agents craw shptw i ononsn pte ltd smgapom ru *****44/7122*137* r nam m *****4 utm com WO BOOKBK OCUN SWPWC STOW TU *****44/7 MLAL~S com MO P ROME TQ 4J47. 8J73/4 SUB AGENTS P KELANC EAST ASM
      418 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      719 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIOAH. JEDDAH AQABA (Reefer Cntrs Acceptable) frfn IST CALL S'PORE 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 LCL Cargo to S.E.A. Container Feeder Service
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      Page 19 Advertisements Column 2
      904 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE to tu»ort Ifanftwf Eipress IMa| Eipreit Kwamj Mm fUemaraa lipmi Knufi Mare i*r Bar CrtrME <ttw[* Ptnant, Ewope fxt Ka Slan 29/4 Berr»«4a 4/5 Famty Ace 13/5 Ham Bha»en Rdam Havre UK Hamtoi Eipreu 27/5 21/5 30/5 I/C 25/5 Kwama Mare 5/6
      904 words
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      Page 19 Advertisements Column 3
      699 19 tch V WEEKLY EXPRESS CONTAINER SERVICE TO MEP/UK/NC/SCAN I ru»tt 9* OAHUA 1/5 i pcnaga »/s 6 DM» lb/5 I WW 22/5 ONltt 21/5 DVtaki?i» «M 3)tfkar|4>G'tar|L 13/5 20/4 27/5 3/6 10/6 17/6 18/5 11/5 71/5 22/5 2t/5 21/5 1/C 2/i 4/6 1/6 I' 6 11/S 15/ i 16/6 11/6
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      Page 19 Advertisements Column 4
      576 19 BOUSTEAD la SHIPPING AGENCIES BANK LINE FOR REUMON IS. AFRICA 4 STREAMBANK Spore: 2/3 May Also accepting FCL containers. (loading direct for Durban and Capetown only) Lines U.S. WEST COAST SERVICE Dfrect from SfO Ibch ASHLEY LYKES Sid Sid LESLK LYKES 3/6 31/5 SOe Tac VBC 21/6 22/6 25/6 31/7
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      Page 20 Advertisements Column 1
      860 20 I K line I KAWASAKI KISEN KAISHA. I I D EXPRESS CONTAINER SERVICES TO NORTH AMERICA Earfor leeder traM abe t'tUbk an request Car|o« aho KcaptaUt In Oakland Vancouver Portland. Houston Galveston Ne Boston St Wn. Horto* Battmore bianat, lacksonvfc TO EUROPE S pore P Kelang t Hawe R dam
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      Page 20 Advertisements Column 2
      745 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Loa<*t to, LOS ANGEtfS SAW tRANCISCO SEATTLE. lACOMA VANCOUVER BC Acctptnt ECI FCI Contaawn P K«linj Suifagwt 1 tuples ■mm* ntmi —13 u m>i 10 m mm* ntvuu* »km 10 km t u> AUSTRALIA EXPRESS CONTAINER SERVICE "RAWAS HAIAUX "AABDOAS ON* ARC VtSHVA
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      Page 20 Advertisements Column 3
      714 20 S SAc; renin SINGAPORE SHIPPING AGENCIES PTE. LTD 20TPTPLOOR. OCEAN BUILDING. SINGAPORE 0104 MARKETING *****2 13 LINESI GENERAL *****1 (14 LINES! TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A/B CARSHIP CABLE CARGOSMIP imGE&SSi Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK SINGAPORE ISLANDS LINE MIDDLE EAST REIiI'LAR USER A SAFE
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      Page 20 Advertisements Column 4
      613 20 KORINS MARITIME SERVICES Room 601 ICB Building. Shenton Way, Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES ICK LINES V j A MMittr llw SMMct Sn«p I MIR SERVICE FROM KOREA TAIWAN HONG KONG TO SINGAPORE Inchon Busan Keelunj H Konj S port I 1 5
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      Page 20 Advertisements Column 5
      862 20 INTRBSEA (PTE) LTD. Faber House. 234E Orchard Road Singapore 9 Telephone *****Uf*****57 ATOI ACIAIIVX REOIA* »OEPEIf)ENT sERWCE TO EUROPE Sport P Ktianf Ptnanf to,dm, to ANANGfL HARMONY NBIO9 NORAS)* we 110 6 May 9 May RDAM UK (AVON) 2Mr 6kr BOULOGJf UK (AVON) A en<s S«fapart MTRASEA (PTC) LTD *****11
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      603 21 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): C. CONTAffR 11W+ N. GARNET 5W K. CHANCE 3W S.S. BADGE 31W C. ROZE 25W K. JACEWON 13*. TW BRDGE 6N Also accepting cargo to/from Scandinavia C. CONTAINER S'pore Closing Times: FCL Cargo 1000 29/4 LCL Cargo 2200 28/4 FROM EUROPE (VIA
      603 words
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      Page 21 Advertisements Column 2
      376 21 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALDIVE PROGRESS 5/5 8/5 Loading For Kuwait MALDIVE PIONEER 30/4 Loading for Jeddah MALDIVE NOVEL 30/4 Loading tor Jeddah MALOIVEIMTY 5/5 Loading For Male MAUNVE NPORTER 15/5 Loading For Male MALDIVE PEACE 5/5 10/5 Loading For Muscat/Dubai/ Dammam/Kuwait MALDIVE PLEDGE 10/5
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      Page 21 Advertisements Column 3
      361 21 m sinsov SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lints) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PRELAW *NM6 M/S SHARK AT UAH SOON SDN. M) IST ANO 2NO FLOW MRSRS MAI THONG SHPPMG 23
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      312 22 A ANTOLL LINES o*ec! B Is to BRISBANE. SYDNEY MELB <GEELONG). ADtIAIOf Independent FCL Container/Conventional liner Service SINGAPORE I N SHm»G PIE LTD 1401-5. Rotxna House Shentor War Soijapofe 0106 Tli RS ***** Tti *****11 Bk t s *****43/2210(23 WEST MALAYSIA HS H (M) Sdn Bhd KL Tel *****3 *****7
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      Page 22 Advertisements Column 2
      335 22 5L WOOD LINE Bulk Timber and Plywood Service LOADING FOR NANTES/RDAM/TILBURY (Other UK destinations acceptable) Vessel Spore PKelang Tg. Mam GRAND GLOBE WL 003 In Port 3/5 7/5 M 004 25/5 28/5 19/5 SILVER PINE WL 005 25/6 15/6 20/6 General Agents:Wood Line (S) Pte. Ltd. Tel: *****11/*****93/*****42 K. Lumpur:
      335 words
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      Page 22 Advertisements Column 3
      351 22 ft JOHORE SHIPPING LY 161 IALANTENGI IFNGKU BAOAR PORT KEIANG SEIANGOR MAIAVSIA HAJ SHIPPING SDN. BERHAD I Express Umtload Sconce from P Kelang East Malaysia A Brunei HAYATI V: 7/81 HAYATI V: t/81 HAYATI V: 8/81 HAMDAH V: 7/81 HAMDAH V: 9/81 HAMDAH V: 9/81 P. KELANG 15/5 28/5 9/6
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      Page 22 Advertisements Column 4
      276 22 KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe Spore PKetongPenang S pore Tokyo Kobe NOW STAR ¥3 27/4 2t/4 MVS 12/5 13/5 15/5 21/5 29/5 SIKAPOK Supine *****4/*****5 R. MALAYSIA: Hmrnm I CntW II M 751 P Kebm (701 Harper Mra ***** TAIWAN/H.KON6/SABAH S'WAK BRUNEI COSMOS
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      Page 22 Advertisements Column 5
      55 22 NOTICE Dm| SUB UNE M.V. KAENABY VOV. 48 arrived tt.441 AT PSA (Mm a/« General Survey on damaged c *rjfo di»charged e* the above vessel will be held on Thursday 30th April 1981 as from 9.00 am to 12.00 noon No further survey will be held after this date Afeati
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      183 22 L 1 I ft 2.8 *02 A «r N El ■< 1 > a 2 'i i £< S e» S£ L 7 S2 <3 «rV 4 k. Is °c ~y wi™ Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING.
      183 words