The Business Times, 20 May 1981

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, MAY 2i, 1581 60 CENTS
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  • BRIEFLY...
    • 59 1 Reuter JAKARTA, Tues. Indonesian authorities l\ave uncovered another attempt to smuggle fuel out of Indonesia to Singapore. The newspaper Sinar Harapan reported that security intelligence teams discovered about 860 tonnes of Indonesian diesel fuel on board a Japanese flag-carrying vessel in the port of Surabaya worth several
      Reuter  -  59 words
    • 57 1 AFP BANGKOK, Tues. The pro-Vietnamese Phnom Penh government disclosed the existence and name of Kampuchea's new pro-Soviet communist party while announcing that it would hold a congress at the end of this month. A statement released by the official SPK news agency named the new party as
      AFP  -  57 words
    • 73 1 AFP TEHERAN, Tues. A series of explosions destroyed six oil and gas pipelines last mght in Khuzestan province, injuring four technicians and causing a major fire. Quoting local revolutionary guards, the newspaper Azadegan said that the charge was believed to have been set off by a timing
      AFP  -  73 words
    • 68 1 AP JERUSALEM, Tues. Foreign Minister Yitzhak Shamir said Israel could not wait indefinitely for a diplomatic solution to the Syrian missile crisis and that a war threat was "not a question of hours or days". Mr Shamir said this while waiting for the arrival of US special
      AP  -  68 words
    • 76 1 AFP BANGKOK, Tues: United Nations Secretary General Kurt Waldheim has reserved five days for the UN-sponsored international con- ference on Kampuchea starting on July 13 in New York, the Thai Foreign Ministry said today. A spokesman said Mr Waldheim would convene the session between July 13-17, two days
      AFP  -  76 words
    • 89 1 AP ROME, Tues. The man accused of shooting Pope John Paul n told police he made plans to kill Queen Elizabeth of England and considered killing UN Secretary General Kurt Waldheim or Simone Weill, president of the European Parliament, a well-placed police source said. But Mehmet
      AP  -  89 words
    • 82 1 KUALA LUMPUR, Tues. Datuk Haji Harun Idris has been nominated by various UMNO divisions for all posts for contest at the party's general assembly beginning on June 26. Some of the nomination papers have already been forwarded to the former Selangor Mentri Besar who is serving a six-year
      82 words
  • Chief Price Changes
    • 134 1 Rises Indices Pacific Dev 1420 140 May 15 May 19 Island A Pen 1100 150 B.T. Indicator: *****.*****31.57 H Leong Credit 1610 140 Industrials: 910.24 906.32 A P I 640 85 Finance. 1964.45 2064.54 Oriental Hldfi 980 50 Hotels: 1383.51 1386.00 Tasek Cement Pe(i Maia Dutch Baby 715 1250
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    • Article, Illustration
      168 1 Rises Indices HL Credit 16$ 150 Mav 15 May 19 A P I 690 100 100 100 B.T.Index: *****9.64 *****2.58 Tasek 760 Industrials: 1134.07 1131.84 Sel Prop 2550 Finance: 1919.71 1935.08 Pac Dev 1550 80 Hotels: 517.37 519.95 C Sugar Paramount 1680 905 70 50 Properties Tins: Irubbers:
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  • 718 1 THE WAGE correction policy comes to an end this year not exactly with a whimper hot with rather less of the hang that heralded the start of the policy in 1979. The recommended 14 per cent to 18 per cent total wage increment for 1981
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  • 172 1 $32 (6 to 10 per cent) with full group offsetting. •An additional 2 per cent of group monthly wage bill for June 1961 for meritorious workers. Employees' CPF contribution to rise by 4 per to 22 per cent. Flexibility and team effort to be the
    172 words
  • 757 1  -  By FOO CHOY PENG Chief Reporter EMPLOYERS should brace themselves for a 14 to 18 per cent increase in wage cost this year. This is based on the National Wages Council's recommendations submitted to the Prime Minister on May 13, details of which were released
    757 words
  • 483 1  -  By CHOO AI LENG AFTER more than a year, the legal dispute between Metro Holdings and Ngee Ann Kongsi over the lease agreement on the property at Orchard Square has been settled out of court. As part of the agreement reached in principle between the two
    483 words
  • 317 1 INVESTORS greeted Ike listing sf Neptune Orient Lines (NOL) the Stock Exchange sf Singapore with a bullish cry yesterday. Bat sentiment elsewhere was easier, and the Straits Times Industrial Index Lsst IM paints to MU2. In Its defeat perfsrmaace, NOL raae to
    317 words
  • 517 1  -  By RONNIE LIM THE Singapore Petroleum Dealers Association has hit out at oil companies on two fronts. At the association's 10th anniversary dinner last night, its president, Lee Beng Teck, took oil companies to task for prolonging negotiations on the raising of commissions
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  • Page 1 Advertisements
    • 38 1 GOOD READING MATTERS AT HTimes Bookshops T I W K IMI M|l* 0. phanuall J Liftoff LUC*"I*2A »S«C.AI«STS C€NT«€ S 'NCVU"A v. m0.C*.,«0» o«»««=-<• nnm 5.nw0.«0e23 •Ctlf»o«oC€»*T»f «U«t*A HOU« Tw 2 JSrt ?»i««8 T WW' S»«*««*>*•» T# ??00tM
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    • 9 1 VvV <ce >»V zO r \?VLw LoQ a 2£t*£v
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    • 88 1 WANT to reduce foel costs by 31 per cent? 5 NEWCOMER to the banking fraternity 9 SCMEME for iocai diamond Investors. SHIPPING TIMES BIG plans afoot at National Iron and Steel Mi 11.................... 11 Sharpest fall in Tokyo stock prices in IVi year 5.................... 12 THE unexpected happened in the
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    • 85 1 vsuw Business FOR l PEOPLE Vw WHO MATTER Times Pefodcofe Putitcation Prompt delivery is what we can offer! As any user of packaging fully appreciates, it is not price but promptness of delivery that decides the fate of transactions Punctual delivery can be justification for a price that"s slightly higher.
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  • REGIONAL
    • 460 2 AFP CHINA, which joined the International Monetary Fund and the World Bank last year, is seeking a seat in the Group of 24, the grouping of the developing nations of the two institutions. It is believed the the Chinese request for membership
      AFP  -  460 words
    • 163 2 AFP JAPAN'S big four steel makers have reached basic agreements with the Soviet InJon on their supply of 754, Ml tonnes of large diameter pipes far shipment la fiscal IMI. The Nlhaa Keixal Shim bun, a Tokyo economic dally, quoting mill sources,
      AFP  -  163 words
    • 299 2 Reuter CHINA yesterday reported fresh fighting on the border with Vietnam and accused Hanoi of trying to drive a wedge between Beijing and Asean. The New China News Agency (NCNA) said Vietnamese troops last week killed five Chinese border guards and on Sunday shot
      Reuter  -  299 words
    • 201 2 UPI THE REVELATION yesterday that a US navy cruiser had its atomic weapons repaired in Japan a violation of the government's public nuclear policy deepened the crisis that threatens the stability of Prime Minister Zenko Suzuki's government. Japanese Press reports, quoting "US navy sources," said an unnamed
      UPI  -  201 words
    • 161 2 AFP TRADITIONAL Filipino politicians allied themselves yesterday with young student and religious radicals in a new opposition united front to spearhead a boycott of the June 16 presidential elections. The United Democratic Opposition (Unido), in a four-hour meeting agreed to sign up in a boycott
      AFP  -  161 words
    • 747 2 ARRIVALS Service Local Operator Number Tine From PAA PA005 0010 NYC/SPOHKG MAS MH601 0630 KUL MAS MH680 0645 KCH SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI421 0930 BWN MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP CPA CX710 1006 HLP
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  • Page 2 Advertisements
    • 406 2 An unique property investment opportunity! Ss39 million Package Sale of 49 Shop Units at TTT 3 3 ill *1 :ii /> Sift -ae Ideally situated at the bustling island MTR Interchange in the Golden Central District Belt PROFITABLE INVESTMENT: The 49 shop units (Nos 1 -49) are located on the
      406 words
    • 86 2 DIAMONDS THROUGH PWESIOEX ts <t unique diamond wchange system that offer* a k>w transaction-cost brokerage swvice for the pufthasf sate of G. I A certified investment-grade diamonds at international base level prices •an international secondary maifcet <rt«ch sefv to further tmpwve diamond KcMd*V tor the investor professional consultation evaluation on
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  • OVERSEAS
    • 357 3 AP NYT PRESIDENT Reagan is now taking part personally in American diplomatic efforts to solve the crisis in Lebanon. The president met over the weekend with Saudi Arabian Prince Turki El Faisal, ABC News, a US broadcast network said on Monday. The
      AP; NYT  -  357 words
    • 429 3 THE Dutch government plans to invest a further 300 million florins into the lossmaking Dutch Volvo subsidiary and to increase its share holding to 70 per cent from 45 per cent. The investment will be made over the next three to four years and is
      429 words
    • 390 3 Reuter BRITISH Prime Minister Margaret Thatcher has sacked Navy Minister Keith Speed, who challenged the government's policy on defence spending. Mr Speed had complained in a speech to his constituency over the weekend that downgrading the navy would damage Britain's interests and ignore "the
      Reuter  -  390 words
    • 235 3 Reuter UPI AMERICAN Defence Secretary Casper Weinberger said on Monday that the nuclear disarmament policy of Britain's opposition Labour Party could lead to the country's subjugation by the Soviet Union. He said the US was concerned that the British opposition party is committed to cancelling the
      Reuter; UPI  -  235 words
    • 172 3 AFP ITALIAN voters yesterday refused by a two-to-one margin to repeal the country's relatively timid abortion law, but even more overwhelmingly rejected more sweeping pro-abortion proposals. The voters, by margins averaging four-to-one, also turned down proposals to abolish life imprisonment as the maximum penal
      AFP  -  172 words
    • 187 3 AFP LOCAL elections in Northern Ireland today will show whether Protestants and Catholics are even farther apart as a result of the latest Republican hunger strikes and associated violence in the province. On each side hard-line and more moderate parties are competing for
      AFP  -  187 words
    • 467 3 AFP DEVELOPING countries agreed on Monday to push for an increase in International Monetary Fund resources available to the Third World. Senior officials of the "'Group of 24," the developing nation caucus of the IMF and the World Bank, agreed that the group should
      AFP  -  467 words
    • 256 3 Reuter THE US Central Intelligence Agency (CIA), in a revised estimate of Soviet oil production, has concluded that Moscow will be able to meet its energy needs through the 1980s without having to import petroleum. The New York Times yesterday quoted Administration officials in Washington as saying
      Reuter  -  256 words
  • Page 3 Advertisements
    • 110 3 Your New Telephone SecretaryOIHQN COMPUTER DIALER An ingenious microcomputer 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 with
      110 words
    • 246 3 Lasting Impressions 7 think your hotel is one of the few outstanding hotels in the world and I have seen most 9 Nicholas Morrell The Observer, London The plaudits of our patrons is evidence of our claim to be the best hotel in Asia. The Marco Polo is much lauded
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  • RAW MATERIALS
    • 215 4 Reuter INDIA will export rice and other commodities to the USSR in exchange for crude oil and petroleum products under a barter agreement signed in Moscow on April 30. Details of the agreement was not disclosed but it was reported that the deal was worth about six
      Reuter  -  215 words
    • 323 4 SINGAPORE: Yesterday's closing prices in SS per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 100 per cent third class 1.06, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special
      323 words
    • 132 4 THE Kuala Lumpur market yesterday ruled higher on buying interest in quiet trading, dealers said. A In May, north was traded at Ms9BB a tonne. In June, south gained $2.50 to $957.50 and central traded up to $970. In July, central traded $5 higher at $935 and north
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    • 233 4 RUBBER prices in Singapore yesterday closed slightly higher with June One RSS buyers quoted at 246.25 cents per kilo, down 0.75 cent from last Friday's close, dealers said. Morning prices were about unchanged on profittaking after a higher opening, they said. Afternoon prices were slightly higher on light buying
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    • 362 4 RAS prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R S.S. prompt f o b 248 00 249 00N 247 75 248 75N Int 1 R.S.S. June 246.00 247 00 246.25 246 75 Int. 1 R.S.S. July 249
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    • 110 4 NOON SSR and SMR prices yesterday RAS June July (Current Mtbl Buyers Sellers (Forward Mthl Buyers Sellers SSR 20 (l'tan pallet ***** 222 00N ***** 224.tlON SSR SO (1 lor pallet) 217 00 219.00N ***** 221.(ION MRELB Juue July SMR CV (1 ton pallet) 297.00 299.00N 298
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    • 112 4 WHEAT futures in Chicago on Monday closed one to 2 4 cents a bushel higher, around the middle of a four cent range. Sympathetic local short covering following the advance in corn held prices firm from the start, traders said. Com futures ended 2 '4 to 3 1 4
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    • 110 4 PENANG STRAITS tin price yesterday eased three cents to M 529.52 a kilo from Saturday's level with ITC buffer stock manager buying evident for the sixth successive trading day, dealers said. Since intervention first became evident a week ago, pushing the price up to $9.72, it has eased
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    • 34 4 Rubber: May 19 Singapore: June: 246.25 cents (down 0.75 cent) Malaysia: June: 266.50 cents (down 0.25 cent) Tin: M 529.52 per kilo (down 3 cents) Official offering: 265 tonnes (up 29 tonnes)
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    • 169 4 SOYBEAN futures in Chicago on Monday finished mixed, up 12' j cents a bushel in spot May to down 4 1 .> cents in deferred May. Persisting farmer restriction of cash supplies prompted local demand for nearbys all day. Exporters were main stoppers of deliveries, which contributed strength to
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    • 191 4 H INKS K Produce Exchange, Singapore, noon closing prices per lMkg yesterday. Coconut oil: Bulk fob $115 00 sellers, old drum (in second hand drum) fob $128 00 sellers, new drum fob $134 00 sellers. Copra: Mixed (loose» $66 00 buyers. Pepper: Muntok white pepper fob Asta NLW
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    • 196 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cotton yarn: China Blue Phoenix 20s 2.270 32s 2,750. 40s 3.035 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 654 4 COFFEE: Robusta futures yesterday drifted back from initial gains of up to £14 on lack of follow-through buying interest. The market opened higher in line with Monday's New York gains and in rection to losses in the last three trading days of over £50 basis July. However with
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  • ASIAN STOCKS
    • 577 4 THE Tokyo Stock Exchange market average fell 187.88 points yesterday, its heaviest loss for over 8' years, to close at 7,264.01 on widespread profit-taking, dealers said. Selling was prompted by political uncertainty surrounding the Suzuki administration following a statement by former US ambassador Edwin Reischauer that US warships carrying
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    • 281 4 THE market yesterday opened firm in spite of the 1 1 per cent increase in the US prime rate. Early buying tended to be small and was soon washed away by a wave of selling. Hang Seng Index: 1554.37 (-7.86 Turnover: HKS550.80 million Snw. SHk See. MAY It HK>
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    • 227 4 MAY 1» CenU INDUSTRIALS A. C I. in -1 A N I. 366 unch A P M 230 Ampol Pet B H P 1WB 1310 -15 Bank NSW 308 BormJ 356 -3 Bramble* JCH S C B A. MO -10 C 8 R. 00 Coal Allied izas unch Dunlop
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    • 200 4 MAY It Bahu Alia Credit 101 uncb Asia Fibre 140 2 Bangkok investment Bangkok Bank 256 unci) B&nfkok Drying And 8Uo j Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Ada H Bank Of Ayudhajra unci! Ltd 1W BtU Berll Jueker Carpet InWNattonal Charooog Thai Wire Crown 8nJ
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    • 105 4 MAY It Pen Acojc Mlnlnc AUaa Can. A AUa* Con. B. B*ffuK> Ookd Bencuet Con. B Br Ooodrtch CDCP Inco B. AIM ZI r JO ZZ 6100 low 500 unch -0 i 05 0J unch Ltpulo B Mirtnduqut B Meralco OrtenUl A Oriental B Phil Owwi PtiUcz A Mil
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    • 53 4 FINANCIAL TIMES INDUSTRIALS Monday 562.1 Friday 561.0 Week Ago 566.9 DOW JONES AVERAGE INDUSTRIALS Monday 085 77 Friday 985.95 Week Ago 963 44 H.K.HANG SENG Tuesday 1554.3*7 Monday 1562.23 Week Ago 1460.49 AUSTRALIAN INDUSTRIALS Tuesday 743.9 Monday 744.1 Week Ago 756.2 ALL ORDINARIES Tuesday 689.8 Monday 688.9 Week
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  • Page 4 Advertisements
    • 199 4 OUR LIST OF CLIENTS IS AS LONG AS YOUR ARM ...AND GROWING. f; WTTH THE AFTER SALES R\CMT TO KEEP THEM ALL SATISFIED. Whenever you need a copier that's a little more versatile and a whole lot more efficient H U Bix has it in its range. Our list of
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    • 126 4 ROCFLOOR Resin flooring many times stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. BATIK A Batlka Singapore Pte Lid I /A fi /4 4 ANTWERP HONGKONG LOS ANGELES JOHANNESBURG PRESIDEX I THF PRESIDIUM DIAMOND EXCHANGE SINGAPORE: 10th Floor, Wellington Budding. 20 BkJeford
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  • TRADE AND INDUSTRY
    • 300 5 THE Singapore Manufacturers' Association, Esso Singapore and Singapore National Oil Company are organising an energy conservation audit course to be held in July. The course is particularly useful for engineers, technicians and plant and factory managers who will be assuming the functions of energy controllers
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    • 410 5  -  By WONG AI KWEI THREE companies have found that they can save up to 37 per cent of their annual fuel bills if they first invested some money to prevent energy wastage. The companies, National Laundry Services, Lion Tyres and Richmond Packaging, are the
      410 words
    • 176 5 HIGHER bus fares lifted the consumer price index in April to 121.9, an increase of 2 percentage points over the previous month. The increase also represents a rise of 6.6 points over the April 1980 index. In April this year, transport costs rose 7.8 points. The year-to-year
      176 words
    • 119 5 A JAPANESE manufacturer of electronic components, Japan Aviation Electronics Industry, is holding a oneday seminar on the reliability of electro-mechanical components. Two managers of the company, Mr Joe Samuta, deputy manager of the connector division, and Mr Isao Nita, engineering manager of the new products division, will present
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    • 283 5 SANYO Industries Singapore is making preparations to meet the expected increase in demand in this region for more sophisticated household electrical appliances. The Minister for National Development, Mr Teh Cheang Wan, said the company will "undoubtedly seize the growth and opportunities provided
      283 words
    • 101 5 THE Japan Productivity Centre's annual productivity cruise called at Singapore for a three-day visit yesterday. More than 400 people are taking part in the cruise using the chartered ship Coral Princess. The cruise started from Yokohama and stopped over at Hongkong. Singapore is its last port of call.
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    • 215 5 AMOCO Far East Oil Company has appointed Mr Jweph Warren Jr as president to succeed Mr Ralph E AnderMi who has been appointed vice-president, planning and economics of Amoco Minerals in the US. Mr Warren is also a director of Singapore Petroleum Company and Singapore Refining Company.
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  • Page 5 Advertisements
    • 94 5 Dine in old world charm... iih i rf I I It 4 V M at For a quiet and intimate dinner, come to The Stables grillroom. Where the atmosphere's warm and private and the service unobtrusive. With etchings and prints of famous British horses against a backdrop of natural brick,
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    • 303 5 No other hotel in Penang can give you a conventionlike the Rasa Sayang. 9P w > J. c L ff J I 1 ESS?' 2 *i ,ssSF 5... B s > V r v i We take your convention seriously. That's why we have the finest meeting facilities in Penang.
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  • 559 6 THE BANKING sector has for a long while been subject to close and constant scrutiny by the Monetary Authority of Singapore. This has been necessary, particularly in the early days, to ensure that the growth of banking activities is kept orderly. But in
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  • 1391 6  -  After considerable deliberations, the National Wages Council yesterday announced its recommendations for this year. These deliberations were influenced in varying degress by the views and submissions from all sectors of our economy. LILLIAN CHEW, ALVIN TAY and HSUNG BEE HWA, on this page and on Page 7, report
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  • Page 6 Advertisements
  • Page 6 Miscellaneous
    • 765 6 CRYPTIC PUZZLE ACROSS 3 By getting an ass out of a chasm (5) 8 Start, but finish! (5) 10 Open as a statesman (5) 11 Is no longer a bit of a washout(3) 12 Good man a fair way to the right (5) 13 Do such pilots wear boxing gloves?
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    • 584 6 FIRE Incidents have been on the Increase la Great Britain. Tonight's documentary, Horitoa, looks at some possible causes for this rise and also at what can be done to salve the problem. New fire hazards created by the consumer society are also examined. For example, new furnishing fabrics have been
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  • 1138 7 THE NWC has decided to give companies a great deal of flexibility in awarding this year's wage guidelines. And this, to some extent, is what the some companies have been asking for. In their submission to the NWC on the past year's guidelines, oil companies, for
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  • 406 7 RESULTS of a survey conducted by the Singapore National Employers Federation (SNEF) on the impact of the 1980 NWC wage recommendations seem to indicate that the corrective wage policy pursued by the government is having the desired effects. According to the survey, 75 per cent of the
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  • Page 7 Advertisements
    • 347 7 Let us examine the word Exclusive: V 7« «C*£>- stylish, rr% „..noLt c i restricted in cn*i. use, or ap- B| peal because of expense 4 a single, sole b J 2 exctusive n something exclusive: as a a newspaper story at first released to or printed by only one
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 157 8 MAY 18 Fls ARN 280 00 -1 Ahold 00 00 0.1 Akzo 22-70 unch amev 85 80 0.3 A m fas Amrobnk ZH~ 52.90 -0.3 BfrfOM 37 00 -3 Berk 50.00 4-1.4 BoIs BorsumU ZZI ***** 47 Burhmtnn 56 50 41 Caiand Calve Delfl ZH! ***** 42 Dell M1J
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      • 251 8 MAY IS 1 FYs CORBEILLE Alr-Llqulde 408 •12 B S N Qervals Danone 945 -10 C 8 F < ThomsonC*») 240 -IS Cle Francalse des Petroles 132 -a Compagnle Flnanclere Compafnle Generale an Credit Foncter De France 328 -6 Hichettc (LJbralrte) 310 4 Machines Bull 45 -U Mlchelln (B)
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      • 93 8 MAY IS Fn FORWARD MARKET Acee Artoed Ajlur B rue an Bru-Lamb Canpac Cock De Been Ebei Electro Del Ob-Inno-Bm Qe» Hobok Petro Ryl Dutch Sldro Soc Oen Bel| Soflna Solvay A Tanks U Mln v Mont SIO 12M 3*4 1174 1438 ITS 330 1312 3830 1836 1306 2302
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      • 217 8 MAY ia Dm Atf-Telefunken S2J0 -OJ AkJO XIJO +8.1 iodooo 10 All* Vera BASF Bay H T WUnk Bay Vbank Bayer BBC BMW Ca**ella Chem Vera Commer*Dank Contl Oummi Daimler-Benz Defu*aa □emif Deuuche Bank Dreadner Bank Dt Texaco Dyckerhoff 8T A Enka Olanu Oelaenberf OHH 400 00 131 50
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      • 183 8 MAY 1$ Prmncs Action* Sulaaaa 273 Alutuuaf Br Vn H unch Aluaulaae Reg Brown Bowl Br Clba Oelcy Br. jn •3 1330 I1K -10 -30 CUM Oelgy PC m Cite Oelcjr R*f Credit Sulaac Br Credit Suiaae Ret Dttlnntt Br Oaorfc Ptachar Br Olobua Pc US -4 2300 400
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      • 94 8 MAY 11 Lire A Anir 810 5 Aaaoc Ocn *****0 -150 Bulofl 510 JO -144 CcntrM ***** 521 rial MH -60 Flnakter Ocn Imnob 85 2370 -4 *30 in Prt luieemenU IlAlfU 7902 ***** 1201 -7 >2060 11 lUiUMer M*(n«U M Pf 200 1025 unch -20 MirelU Krc Med
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    • 851 8 NEW YORK NEW YORK stock prices on Monday closed mixed in uncertain trading as major banks raised their prime lending rates to 20 per cent from 19' j per cent. The Dow Jones industrial average lost a fraction while the New York Stock Exchange index rose 0.19.
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  • Page 8 Advertisements
    • 692 8 See Page 4 for Asian stocks and Page 9 for Johannesburg prices "The American Express Card serves you well, wherever good food is served". For banquets. For conventions. For other functions of flawless finesse. Functions for up to 2SO guests International menus to choose from >niplete range of audio-visual equipment
      692 words
    • 210 8 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 restaurant presents Wednesday Fashion at 1.15 p.m. Try our
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  • BANKING AND FINANCE
    • 145 9 the FINANCE Houses Association of Singapore has elected Hong Leong Finance represented by Mr Kwek Hong Png as chairman of its 1981/82 management committee. The association's recent 14th annual general meeting and its first 1961/82 management committee meeting also elected United Overseas Finance represented by Mr
      145 words
    • 24 9 THE WORLD Bank and its affiliates havexannounced loans totalling U*****.7 mil- lion to India, the Philip- pines, Jordan, Mali and Tur- key.
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    • 422 9  -  By ALVIN TAY BANQUE Bruxelles Lambert (BBL) yesterday officially opened its first branch in Asia here in preference over Hongkong. The Singapore branch, which will serve as the coordinating centre for BBL's Asian and Pacific representative offices, represents the first Belgian bank to operate in
      422 words
    • 173 9 Reuter MERGER discussions are continuing between the National Bank of Australasia Ltd and the Commercial Banking Co of Sydney Ltd (CBC). National stands alone in the attempt to merge with the CBC, following the announcement that CBC and the Australia and New Zealand Banking
      Reuter  -  173 words
    • 67 9 CHASE Manhattan Bank and Chemical Bank raised their prime rates to 20 per cent from 19Vt per cent yesterday. Other banks moving to 20 per cent, effective immediately, included Citibank NA, Bank of New York, Union Commerce Bank of Cleveland, Security Pacific National Bank of
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    • 40 9 LLOYDS Bank has agreed with American Express Co to negotiate the formation in 1982 of a UK-registered Jointly owned company to issue sterling travellers cheques. Both will convert their existing sterling travellers cheque business into the new venture.
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    • MONEY AND EXCHANGES
      • 521 9 THE local deposit went slightly frantic yesterday, with many dealers caught unaware as to what really pushed the short term rates up by an amazingly big 1.5 per cent. One-month term rates rose from 9'/a to 9V4 per cent to 10» 2 to 11 per cent. ■I Two-months
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      • 112 9 THE US dollar yesterday steadied against other major currencies in quiet late foreign exchange trading, after opening slightly easier following the decline in New York, dealers said. The dollar steadied at a late 2.2910/20 marks. Sterling was little changed at a late $2.0945/60, compared to its early 2.0955/65, and
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      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.52 per cent.
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      • 184 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on May 19. US Dollars(Spot) Offer Bid 7 days 18' > 18H l month 18 13/*****1/16 2 months 18'» 18 J 3 months 18 10/16 18 13/16 6 months 17 15/16 17 13/16 9 months 17'« 17', 12 months 17'»
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      • 45 9 RANGE of prices offered by discount houses on May 15: Overnight: if? to 6' Call deposits: Y* to Cloiing Baying Selling 3-month Treasury bills 64 3-month Bank bills 9 9'» 3 months CD 9'» 9 6 months CD 10 9' Source: National Discount Company
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      • 42 9 FRANKFURT exchanges opening quotes on May 19: US 2.2890/06 Stg 4.796 801 Can 1.9111/35 D F1 90.03/15 S Fr 112.38/52 Lit 2.008/11 F Fr 41.49 56 N Kr 40.41/46 B Fr (con) —6.123/133 B Fr (fin) 5.982 992 Yen 1.0380 390
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      • 229 9 SINGAPORE gold futures yesterday closed slightly firmer compared with Friday's close after fluctuating marginally throughout in very thin trading, dealers said. Total sales for the day was recorded at 34 lots while kerb volume was reported at 226 lots mainly for June, August and October contracts, they said. Prompt
        229 words
      • 33 9 Mm Frf New Yorti llOOB unav 11J0S Zurich 10 SOB 1110S vwjm y M Singapore J<100 10 96B U.15S Closing prices In US dollars a troy ounce. Source: Credit Suisse, S'pore
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      • 181 9 THE US dollar lor overnight delivery yesterday closed easier at 220.60 yen, compared with a 221.50 opening here and a 221.15/25 closing both in New York and on the West Coast on Monday. This was down from a 221.20 closing here on Monday. Trading was active with volume US$l.25
        181 words
      • 101 9 THE dollar yesterday continued its easier overnight trend in quiet early trading, with a slight weakening in longer dated Eurodollar deposits outweighing the effects of Monday's prime rate increases, dealers said. The dollar opened at 2.2918/28 marks, near its closing Hongkong 2.2910/20, after closing on Monday at 2.2975/85 in
        101 words
      • 248 9 MAT ia Rand INDUSTRIALS Alnha **> unch Abarcom AX And CI 300 HO unch 10 A MIC Bartow* Of CNA Cum* Finance Dt Bmo Ind aa« ism unch m »s -10 unch Ed con Mmm XMTMd* Pad vou 900 unch Pu«tt Oardlan OMnuvl Ormtemn Hlpoo an I119B 2
        248 words
  • Page 9 Advertisements
    • 199 9 KOREAN AUTO PARTS SHOW '81 it. I Featuring 9 leading auto parts manufacturers from Korea. You are invited to examine at first hand more than 350 auto part items that Singapore has ever seen in one place from one country at one time. Duration May 19 22,1981 Time 10.30 am
      199 words

  • 2121 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Acma (3.965)
    2,121 words
  • 177 10 SINGAPORE UNIT TR18T OIB-MONTAGU (Maaagers' prion tor May M) (Managers' prim tor May 88) The Commerce 3 93 4.13xd Union Spore Fund 1.78xd 1 86xd The Savings Fund 223 2 34 S pore Prog Fund 170 ITS INCOME BOND UNIT S pore Sec Fund 2.60 2.73 (Carreai pr
    177 words
  • 2773 10 Gr*« Gr*s Nat 1981 Last Dhr Div Ynd P/E Vol Day High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 424 320 Acma 394 -12 14.5 2.8 35 16.0 6 406 394 Alcorn 300 10.0 2.5 35 25.0 334 130 Allied Choc
    2,773 words
  • 2171 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUSTRIAL* Airaa (3.508 3 60S) (5) 3 36 (4 3 40 (1)
    2,171 words
  • 57 10 KING'S Hotel Limited: EOGM to be held at Unit 1604, 16th Floor, Hong Leong Building, 16 Raffles Quay, Singapore 0104 on May 21 at 11.30 am. i MALAYSIA Bolidiag Society Berhad: AGM to be held at the Board Room. 3rd floor at 'Bangunan MBSB' 13 15, Leboh Ampang,
    57 words
  • 700 10 SELECTIVITY continued to dictate investors' buying patterns at the stack exchange yesterday. The fastidious bails were only interested in the lower liners, leaving bine chips on the sidelines. TDM, Associated Plastics Industries, Tasek Cement, Singapore Fodder, Jurong Cement and Ben and Co registered gains while Gentlngs, Cycle
    700 words
  • 602 10 SELLERS were out late in the day to bring prices lower marginally after a steadier start on the Kuala Lumpur Stock Exchange yesterday. But sporadic support was seen in certain industrial and financial issues which managed some good gains. In hotels, Faber Merlin, the only counter
    602 words

  • COMPANY NEWS
    • 528 11 AFTER giving the public the opportunity to invest in gold and silver through its Gold and Silver Passbooks, Overseas Union Bank will soon be introducing a diamond investment scheme through the Diamond Investment Fund. The Diamond Investment Fund is a unit trust fund to
      528 words
    • 1314 11  -  By CHRIS LIM NATIONAL Iron and Steel Mills Ltd is gearing itself for a difficult year. The company has indicated that it expects lower profits this year and is looking for opportunities to diversify its activities to broaden the income base of the group. Last
      1,314 words
    • 117 11 INTERNATIONAL trader Intrtc* Ltd, has diversified a little late the travel business. Its joint venture company with the Maldives government, Slmalco Enterprise Pte Ltd, is expected to he operational soon and It has also annonneed the acquisition of a per cent stake in Trident Travels Pte Ltd.
      117 words
    • 436 11 THE Jack Chia-MPH group has made its fourth property investment in Melbourne Australia with the purchase of a 1,514 sq m site at St Kilda Road. The property, situated at a prominent corner in the heart of Melbourne's established office boulevard, was bought for
      436 words
    • 129 11 GANDA Holdings has increased its shareholding in Seasian Hotel Bhd from 72 per cent to 81 per cent following the subscription of 900,000 shares in the issued capital of the company. Prior to this, Ganda held 72 per cent of Seasian's MJ2.69 million issued capital through indirect
      129 words
    • 442 11 THE MYSTERY group reported to be challenging Bo vis South East Asia Berhad for the right to take over the completion of the Belmont Centre project has been identified as L and W Holdings Sdn Bhd. The disclosure comes with a notice calling a meeting this Saturday, issued
      442 words
    • 616 11 ASSOCIATED Plastics Industries (APl)'s proposed acquisitions of three property companies Tajara, Taman Muda and Star Realty are expected to contribute significantly to group earnings when their existing land banks are fully developed and completed over the next four years. Barring unforeseen circumstances, says
      616 words
  • Page 11 Advertisements
    • 674 11 NOTICES Haw par Haw Par Brothers International Ltd. (Incorporated in the Republic of Singapore) Notice of Meeting Twelfth Annual General Meeting NOTICE IS HEREBY GIVEN that the Twalfth Annual Ganaral Maatlng of tha Company will ba held in Mandarin Court D at tha Mandarin Hotal, Singapore on Wednesday. 10th Juna,
      674 words
    • 252 11 Announcing the first-ever Conference on Southeast Asian Fisheries fv .s v A 5> «s 111 Your opportunity to explore new trade and investment currents with leading experts Date: 2,3 4 June 1981 Venue: Sir Stamford Room, Hyatt Regency Hotel, Scotts Road, Singapore 0923. The first Conference on Trade and Investment
      252 words

  • 282 12 Reuter POLITICAL uncertainty in Japan yesterday triggered the steepest decline in share prices on the Tokyo Stock Exchange in six-and-a-half years and the sixth biggest drop on record. The market average shed a massive 187.88 points to close at 7,264.01 on widespread profit-taking as
    Reuter  -  282 words
  • 141 12 AFP OFFICIALS of the five Asean airlines and British Airways met in Kuala Lumpur yesterday to review air fares between destinations in Asean and Britain. Airline industry sources described the meeting as a "regular consultation on air fares" between Asean airlines and their British
    AFP  -  141 words
  • 216 12 LOCAL term and overnight rates shot up by a sharp one to 1.5 per cent yesterday, catching many of the banks by surprise. The overnight rate closed on the average between 11' i and 12 per cent though one American bank reported being
    216 words
  • 567 12  -  By FONG MEW LENG EMPLOYERS heaved a sigh of relief yesterday at the greater leeway allowed in wage bargaining under the latest National Wages Council (NWC) proposed guidelines. In voicing their reactions to the proposals, they indicated an eagerness to return to free
    567 words
  • 452 12 UPI PRESIDENT Reagan's military budget yesterday swept through the Senate unscathed and untouched, leaving the impression that the document is without a flaw. The vote was 92-1, a margin reserved for times of war (except Vietnam) or the older days when matters of the
    UPI  -  452 words
  • 189 12 AFP THE proliferation of brand names compounded by the onslaught of fakes, changing fashions and inflation are now hurting the Philippine blue jeans industry which boomed in the last decade. A special industry report by Human Resources magazine noted that blue jeans went into
    AFP  -  189 words
  • 852 12 LONDON, Tues. Equities closed easier after an irregular trend while government bonds and gold shares were narrowly higher, dealers said. At 3pm, the Financial Times index was down 6.8 points at 555.5. Sentiment in the equity market was unsettled by the prospect of further rights issues while concern
    852 words
  • 98 12 AP NEW YORK, Tues. Stock prices were mixed in early trading today amid signs that US interest rates may have peaked despite a new round of increases in the bank prime lending rate. The Dow Jones average of 30 industrial stocks dropped 1.96 points to 963.79 in
    AP  -  98 words
  • Page 12 Advertisements
    • 349 12 SLUMP IN STOCKS MEANS ONLY BIGGER PROFIT OPPORTUNITIES Scare tactics shake out the public while professionals devour the discards The U.S. stock market Is going through one of those recurrent phases when the public Is intimidated into selling during the prelude to a massive rise in prices. The Dow Jones
      349 words
    • 180 12 J HBMP Once upon a time there was a small international airline, with a small fleet of aircraft, flying to a small number of destinations. But what it lacked in size it made up for in service. So much so, that today its fleet of aircraft has grown to include
      180 words
  • Page 12 Miscellaneous
    • 65 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few areas from late morning. Report (or 24 hours prior to IJI pm on May 19 at the airport. Maximum temperature 31.9 Associated humidity 69 Minimum temperature 24.4 Associated humidity 98 Hours of sunshine 4.75 Rainfall in
      65 words

  • SHIPPING TIMES
    • 215 13 THE Thai Merchant Marine Promotion Commission has been asked to resubmit to the Cabinet a proposed regulation calling for all state enterprises to use Thai ships for transporting government-imported goods. Under the proposed regulation, the commission will be empowered to fine any state enterprises which
      215 words
    • 486 13  -  By JAN LEE OVERSEAS Containers Limited (OCL) has taken over the Far East Gulf service from its largest shareholder, Peninsula Oriental Steamship Navigation Co Ltd (P O). The change from May 1 combines the expertise of OCL in container transportation with the long established
      486 words
    • PORTSIDES
      • 74 13 Reuter THE Australian government is trying to persuade shipping companies to lower freight charges to increase shipment volumes with Indonesia, the Australian Trade Commission said. Reporting on the results of a business seminar, senior Australian Trade Commissioner J Allgrove said shipping difficulties emerged as the most significant
        Reuter  -  74 words
      • 91 13 Reuter MEMBER lines of the Far Eastern Freight Conference (FEFC) and associated lines said they will adjust their currency adjustment factor to 11.50 per cent from 16 per cent on cargo loaded in France for shipment to the Far East from tomorrow. The lines said the revised
        Reuter  -  91 words
      • 95 13 Reuter CHAIRMAN of the All Indian Shippers' Council, Vishwasrao Chowgule, has asked the government to raise the country's shipping tonnage to 10 million grt by 1985 against 5.6 million now. The Press Trust of India (PTI) noted that India plans to buy more ships to raise the
        Reuter  -  95 words
      • 59 13 AFP INDONESIA'S first container ship has arrived from West Germany, marking the start of the container system in the Jakarta port of Tanjung Priok. The ship, Sriwijaya, is owned by the state shipping firm, Djakarta Lloyd. Part of the port has been converted into a container terminal
        AFP  -  59 words
    • 691 13 Shipping Liae Ptgt C*l Achipelego vn i Adriatic VI 5 Afe a VI 3 Afro-Eurasia VI 2 A1 Navigation VI 2 Alfred CT vm 2 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 AntoU vm i A PL m 45 Argentine IV
      691 words
    • 322 14 BP Shipping has alerted its crews to a "dramatic and disturbing" increase in the number of accidents throughout the company's fleet during last year. There were 150 accidents recorded last year which resulted in crew members being unable to work. This is a jump of
      322 words
    • 939 14 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 Australia Star 0558 21.5.81 0700 Merlion TA 4 VC Bunea Teratai 24SB 21.5.81 0700 Leo Shpg TA 4 TT Oriental Exporter
      939 words
    • 1495 14 CONTINUED Soviet time-charter business featured an otherwise rather subdued freight market on Monday, brokers said. Soviet charterers secured a 40,000 tonner for delivery UK for a voyage to Skaw/Cape Passero via the River Plate at US$B,7OO daily, and also a 53,000 tonner with delivery Rotterdam for a trans-Atlantic
      1,495 words
    • 504 15 EXPECTED ARRIVALS .TODAY KEPPEL WHARVES Bunga Orkid (after Blue Kochi head Eastor UTM/ J.) 42/ 43 Cherry Jaya (after Sunes S) 28 Daxing (reberths after Fairstar sails) 45 Da Hong Qiao (after Potsdam) 42/43 Fairstar (Passenger) <0630) 44 Fushimi Maru (after Verbena sails) 33/34 Miao Feng Shan
      504 words
    • 161 15 THIS is a model of the Neddrill 3, (alwve) the new three-legged jack-up rig ordered by Neddrill, a subsidiary of the Nedlloyd Group. The rig brings Nedlloyd's total commitment in the offshore business to four fullyowned units and a one-third share in a fifth. With good
      161 words
    • 453 15 BRITISH Telecom International (BTI) has substantially reduced its charges for communications with ships at sea via satellite. These reductions will be made in two stages. Changes for telephone and telex calls between ships and land will be lower in Maynext year when a
      453 words
    • 269 15 AP PLANS to equip the former CIA-chartered ship Glomar Explorer to dredge for sediment that could find oil deposits beneath the ocean floor appear to hinge on feasibility studies and the mood of US Congress. The launching of the 10year, US$7OO million joint
      AP  -  269 words
    • 433 15 LARGER coal-fired ships will become more economical and attractive said coal transport expert Mr Tomozo Kimura, executive director of the Electric Power Development Company of Japan. He said the economies of scale achieved by larger ships would result in even higher fuel savings, especially
      433 words
    • 244 15 THE US Department of Agricultural (USDA) has predicted that total world grain production will reach 1,640,000 million tonnes in the 1961-82 season, 5 per cent above the 1980-81 outuin and 6.5 per cent above the 1979-80 harvest. Larger crops are in prospect in a number
      244 words
    • 1273 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      1,273 words
    • 311 20 AMERICAN President Lines (APL) has rejoined the Philippine North American Conference (PNAC), the group of international shipping lines which used to set the shipping rates between the Philippines and the United States. APL resigned from the conference in mid-April and its decision to rejoin after
      311 words
    • 761 20 AFP WHILE US grain rates touched two-year lows to Europe, those to Japan showed some sign of recovery on the freight market last week. Reports that the Soviet Union was again favouring the Argentine grain market, with Sovfracht finalising a deal to ship one million tons of feedgrain
      AFP  -  761 words
    • 135 20 The major shipping consortia operating between the Far East/Europe and Straits ports/ Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. 'K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANBO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines.
      135 words
  • Page 13 Advertisements
    • 321 13 Everett Lines] fOR THE MOST FREQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHITTAGONG CALCUTTA CHALNA RANGOON BUENOS AIRES MANZANILIO AC APULCO Everett Steamship Corpn. S/A Chttofd Centre Singapore 1 lei ***** 9 36 Beach Street, Penang Rm 36 103 OCBC Bldg Tel ***** 3 Pott Kelang Agents SOCSHIP CO
      321 words
    • 436 13 USEALORDU UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES ■Closing times Fa 24/5 0700 m La 23/5 1500 m BN KHM.DOON V 31 (12/6). Bahrain (15/6). Doha (18/6) Dubai (21/6) Abu Dhabi t2«/6» Acctphnt Bmttn* Ortr Mina Qaboos 6) flubai (10/6) Kuwait vl3 6). Dammam (16/6). Bahrain (19/6). Doha
      436 words
    • 754 13 FOR PEOPLE WHO MATTER MAERSK LINE EXPORT FULL CONTAINER SERVICES TO. U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Feeder Veaael um ore I Charleston SingaporelLongbeach New York (Philadelphia T/.l Vi vj ij •SWGAPORf CLOSING TMIES CY 24th May 2300 MRS CFS 24th May 1100 HRS TO: BELGIUM, HOLLAND, GERMANY,
      754 words

  • Page 14 Advertisements
    • 882 14 MIBC Mm 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 *****, *****, ***** ***** CONTAINER SERVICE Ms* Acceptfff Ftr. 1) Barcelona. Onoa. 2) Amsterdam Antwerp. L Havre. EWbao Basle UK. 3) Bremen. Bremerha«en. Aarltus. Copenhagen. Helsinki
      882 words
    • 222 14 BBS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA a/5 22/5 25/5 V 5 »/5 23/5 I 3/1 5/1 VI 4/4 4/4 »/4 7/4 I 17/1 19/fi 22/4 24/4 K*T jUHOVAIS "TALISMAN" M*i 24 "BARBER PERSEUS" M>r "BARBER MEKESTHEUS" km 5. "BARBER TOHSBERO" Mi *H£tS KITH SKtfOK IT «S
      222 words

  • Page 15 Advertisements
    • 600 15 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok contambshp sowa to m/cawnoT: S'pare Plata* (Tmvfc Mem I'm* LeMwe taMUm W kW 10 to. 12 M 13 M 15 M (anin 27 M* 13 M 15 M II M IS M Lap Bar XMy 19M (22 M) IIM <27
      600 words
    • 614 15 jg Franco Belgian Services F.asf Fr,-.ich s.n xc. u ith R.-Ujian tar East.rr. I.xne^ IF, r«u CQWMWBHr awe to man at SMCAPOBE P UIANG l« Hawt tim HW| BTtom Amip SEVEN SUS BBDGE 23 May 74 Mm IM* 9kml3kml4km 10 km """J" CHEVAIER *Oa DM** Ikm 17 km Ukm 22
      614 words

  • Page 16 Advertisements
    • 751 16 JKHapag-Lloyd Also Kceptinf transhipment cargo tor CARIBBEAN *SST WXES »ia Hamburg TOMEWTEWWW 1 1 ChMafcr hM Q»%** Dt BM T* HK 19/5 21/5 PK Pen Bilbao Genoa H burt Bhavert ROam Antwerp 16/6 25/6 27/6 29/6 22/J 26/6 24/6 17/6 TO USA. CANADA Feeder City ot Edttwtfc Benawn Efee Mara
      751 words
    • 582 16 I/nora shipping r\ur\LH corpn ALT AIR 163W ALTAIR 164E VEGA 161** VEGA 162E KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC AGENTS: S PORE CROWN MARINE CO (PTE) LTD TEL: *****1* SUB AGENTS P KELANG PERKAPAIAN GUNONG TMOR
      582 words
    • 545 16 0 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPION, LONDON, MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW, LEEDS. ETC. WEST GERMANY BREMtftHAVEN. OSLO. STOCKHOLM, GOTHENBURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM tw, MM) Hjmtotf lotlßdjm Friuleat Aatvwp It H»« Lack t 2 2/5 3/i 14/4 IS/# 20/4
      545 words
    • 1039 16 HVI ft. DBdur|K| T M -M PHASHWEGTAWYIIA** PA&AN MTWniWYWI Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE" LOADING FOR RANGOON spwt Hi Mar V/n Hit nm M*r 31 May/3 tone BFS S C Agents Molayvo BOUSTEAD SHIPPING TEINOS KL *****2/*****9 Com pa ma Ariantina Da Mavaaacion Intarcontinamai S. A. C.
      1,039 words
    • 460 16 r IHO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD IsSI SANKYO LINE JAPAN/STRAUS SERVICE COEML AGENTS OCEAN 9VTMC 4 WIEWB PTE ITS smurm m mimn t *****70 R. LINMR rtl 414*44 414 7b! CONTMO BOOMK OCEAN Stwmt STOK TEL *****44/7 mul-s con mo r ielang m mi mm sue MOTS P KELANS
      460 words

  • Page 17 Advertisements
    • 909 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIOAH, JEOOAH AQABA (Reefer Cntrs Acceptable) VESSEL |VOY. I S PORE COLOMBO HOOEIDAH JEDOAH AQABA I'KOTA SAHABAT 7W/8E I 15-16/6 21-22/6 29-29/6 1-1/7 3-3/7 ijKOTA SAHABAT BW/10E I 19-20/7 25-26/7 2-2/6 «-4/6 6-6/6 16KOTA SAHABAT 11W/12E1 22-23/6 26-29/6 5-5/9 7-7/9 9-9/9 19Accepting LCL
      909 words
    • 1008 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE f i#opf Png Ham B haren R «L*«» H»»" U* tori Ace At Part larp Sir 19/6 11/ C IS/6 herry Bunf J ?6/S City at Ednbwfh ?S t 77 t 6 30 6 23/6 en.aAa 31/5 Crt, ol (dnbu{ti ?S i
      1,008 words
    • 637 17 0 1 I i i 5 S t j" 1 te V B Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN P >RM|Pm«l Moflw I Span I l>*ia*n2)»Aa» 3>HM«4>CM| FeeM Imtu Vessel I PI NAM 72/ i b oak* a/5 I PFNAGA 5/0 OMtM 12/« PfHAGA 11/ i I
      637 words
    • 556 17 BOUSTEAO SHIPPING AGENCIES V BANK LINE AFRICAN EXPRESS Also accepting FCL containers. Spore: 7/9 June (looding direct for Reunion, Durban and Capetown only) Lukes Linos U.S. WEST COAST SERVICE for Dract from SFO Ibck SPORt s He lac VBC ASHLEY LYKES Ski Sid 30/5 26/6 27/6 30/6 LESLE LYKES 13/6
      556 words

  • Page 18 Advertisements
    • 888 18 K line I KAWASAKI KISEN KAISHA. LTD I EXPRESS CONTAINER SERVICES TO NORTH AMERICA Eyhi taMtr mub ah* miatk m ttqanl Cviwi *u> KcaftaWt to OAM l«wr« Portland. Houston. Gahntan. New Orleans Boston. St. Mb. (Mali. ftjNinort. Sjimuli. laduanrik TO EUROPE Spore P Kelang I Havre R dam H'burg Bremen
      888 words
    • 644 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE IM*« to lOS MGtUS. UN FIMCSCO. MTTU. TICMU VMCOUWR I C Accent Fa/Fa Cantamn AUSTRALIA EXPRESS CONTAINER SERVICE Accaptat Fa/Fa CaMiiMrt Mttb AM S km 10 km 7 My 13 My 16 Aut 22 M 7 Sept 1? S*pt Syd Afeo accepts 16
      644 words
    • 651 18 p S A(il'OIII) SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINES) GENERAL *****1 lin LINES) TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A/B CARSHIP CABLE CARGOSHIP GPI SSr Lines WEEKLY CONTAINER SERVICE to/from BANGKOK 21/22 May 28/27 lb; 21/29 Ha* J/4 km
      651 words
    • 630 18 KORINS MARITIME SERVICES !S Room 601. ICB Building. Shenton Way. Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES LOAONG FOR: Hanfkcnt Kmlwi( tapir PorU Iran Ports \\A ICK LINES A inemfter of ttie Samtck 6roup ot Com#Kite: LINER SERVICE FROM KOREA/TAIWAN/HONG KONG TO SHGAPORE hchon Busan
      630 words
    • 714 18 'fl INTRASEA (PTE) LTD. UJI Faber Mouse 234E Orchard Road Singapore 9 1 J Telephone **********4057 WORLD SIM *****. NORASIA ***** KMM noocnr sonwa. to euwpe Sport P. K*tM( f«wc LmM* tar SJw 1)0 BOULOGNE /RDAM/UK (AVON) CM Jm i-om/m («MW) Acents Seaport MTRASEA (PTC) LTD *****11 BOOKMC *****57 K
      714 words

  • Page 19 Advertisements
    • 682 19 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A mtmoei ot the ACf Consortium TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia SS BRIDGE S pore Closing Times: FCL Cargo 1000 22/5 ICL Cargo 2200 21/5 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E Malaysia
      682 words
    • 329 19 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG FOR BOOKMGS ft ENQUMES PLEASE CONTACT: SWGAPORE PORT KELANG PANOCEAN NAVIGATION ft TRADMG OMENTAL SHTPIK CORPORATION CO (PTE) LTD TEL: Kl. *****1/*****4 HOC MIERNATKMAL PLAZA PORT KELANG *****1 ANSON ROAD KUANTAN *****519 SMGAPORE 0207 TEL: *****20 PASS GUDANG 073MSS5 i:\sti:k\ t
      329 words
    • 336 19 SINSOV SINGAPORE SOVET SHTPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGAPORE Telei Numbers RS ***** RS ***** RS ***** P KELAN6 M/S SHAJUKAT UAH SOON SON. M>. IST AND 2ND FLOOR. NO 1. JALAN CIMPENWG. PORT KLANG. MALAYSIA
      336 words

  • Page 20 Advertisements
    • 461 20 PAPUA NEW GUINEA LINE PtfM New Games Carparatiw Pty ltd DKCT SAJLMG TO DM WW, PAWA NEW GUNEA I W COAST Of AMERICA Spore P. Ketanf Ldf far m.v. Moresby CNef 12 June 13 June Darwin. Pt. Moresbr. Lae, Pacific Wands. L Aitfeies I S. Francisco V SEA CONSORTIUM (PTE)
      461 words
    • 242 20 2 WOOD LINE Bulk Timber and Plywood Service KARLANDER (AUSTRALIA) PTY. LTD. K Hayling Seas Line Itflar Scrvict Fran Saif apart L fir m.». AFRICAN AMBER 21/22 May Laps/Apapa/Port Harcawt m.r AFRICAN CORAL 25/28 May Lafaa/Apapa/Part Harcourt (Accept* breakbufc/FCL Carjo) Foe bookings please contact HARPER GILFILLAN (S) PTE LTD Tat
      242 words
    • 276 20 JOHORE SHIPPING r 4& 161 lAIAN TfNGKU BAOAR PORTKfIANG Sf I ANGOR MAIAYSIA BINTULU CONTRACTORS SDN. BERHAD 37. Pandui|an Road. Kucfcnc, Sarawak. Tat 205(6 Tiki: MA ***** Express Car-Carnor/RO-RO Service to East Malaysia MNTULU NO. 1 V-J/ll BMTU.U NO. 1 £9/11 BMTULU NO 1 £10/11 OKTU.U NO 1 £11/11 Loading
      276 words
    • 408 20 KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STHAITS/JAPAN Fully Containerised Service Vesset Tokyo Kobe Spore Penang P KeUng Spore Tokyo Kobe NOftO BAY V 6 12/5 14/5 23/5 24/5 26/5 21/5 7/6 1/6 NOROSTMV4 21/5 30/5 10/6 12/6 13/6 16/6 26/6 27/6 SINGAPORE Boustead Stappnf *****4/*****5 N MALAYSIA: Harmon t CrosMd KL
      408 words
    • 373 20 SOON SENG GROUP Rep Mar Service To East M'sia i fi( ,rj u» 1 lIJMPU# POAt KELAN6 Agtrl hhuk Soor '> r >j Sowing -U" BN! ?3 Jjtjr Mr J,„ let 0j9?6?l« S?6GH) If«»« M« »<X>6! 89 lala* Wjtsor te< 38 6650 3« 7560 tele. M» jG66! •w S«n 165
      373 words
  • Page 20 Miscellaneous
    • 157 20 Regional Weather I ti. s m /jvS r A m s S! ykv |Q > A >: S3 z Win< Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R, Thunderstorm Temperature °C Shower Weather *-Y Wind direction with speed
      157 words