The Business Times, 21 May 1981

Total Pages: 22
1 22 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, MAY 21, 1981 60 CENTS
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  • BRIEFLY...
    • 75 1 TOKYO, Wed. After three days of bitter national debate, the Japanese still do not know whether American warships calling at Japanese ports over the past 20 years have been armed with nuclear weapons. The US government told Japan that it had honoured its security commitments to Japan
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    • 77 1 Reuter SEOUL, Wed. About 400 riot police have been sent into the privately-run Korea University to break up a demonstration by several hundred students demanding the resignation of President Chun Doo Hwan, eyewitnesses said. Some students were arrested after police were pelted with stones. Meanwhile, in the southern
      Reuter  -  77 words
    • 69 1 AFP TOKYO, Wed. Corporate investments in plants and equipment in Japan will remain brisk in the fiscal year 1981 but increase by a smaller margin than the preceding year. The Economic Planning Agency announced that it surveyed 3,859 Japanese companies in February and found that they plan to
      AFP  -  69 words
    • 57 1 NEW DELHI, Wed. India has decided to purchase the French fighter-interceptor Mirage 2000 aircraft. Defence Ministry sources gave no details of the number to be bought.But Dassault aircraft company president Marcel Dassault was quoted as saying in Paris last month that his company expected an order
      57 words
    • 77 1 AFP TOKYO, Wed. Promising natural gas deposits have been discovered in an offshore oilfield off Thailand where Mitsui Oil Exploration Co of Japan and Thai Union Co were jointly exploring oil and gas, it was announced here today. Mitsui said it has confirmed daily yields
      AFP  -  77 words
    • 115 1 Reuter COLOMBO, Wed. Sri Lanka's electricity board was today preparing emergency plans, including increased island-wide cuts, to fight a power crisis caused by a prolonged drought. The drought has almost dried up the two reservoirs in the central hill country which generate 80 per cent of
      Reuter  -  115 words
    • 72 1 AFP KUALA LUMPUR, Wed. The number of jobseekers registered with the national employment service rose to 88,710 at the end of February, up 1,728 from the end of January. Peninsular Malaysia had 74,886 registrants, 1,525 more than the previous month, Sarawak 13,002 (an increase of 171) and Sabah
      AFP  -  72 words
  • Chief Price Changes
    • 130 1 Rises C Sugars 1850 260 Metro Hldgs 1740 240 M U I 2190 160 Bedford 1800 100 M Cement 1090 80 Tasek Cement 790 75 Island A Pen 1170 70 Spore Land Magnum Corpn 1320 50 1060 50 SEAL 4«0 50 Falls Ambassador 660 -70 Dutch Baby 500 -30
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    • Article, Illustration
      156 1 Rises C Sugars 1950 270 Tasek 860 100 M U I 2280 90 Island 6 Pen 1200 80 Aleom 426 +66 Sel Prop 1070 50 UM Flour 480 38 Falls P Chem 1060 -40 Sel Dredge 910 -35 M Oxygen 550 -30 Ind Oxygen 560 -30 CCM 600
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  • 654 1  -  PURCHASERS FROM SINGAPORE By FLORENCE CHONG THE Australian Government has approved the sale of Birkenhead Point, a large shopping complex, to Messrs Ho Sim Guan and Ho Whye Chung of Singapore. The Australia Foreign Investment Review Board yesterday gave the green light for the As2l
    654 words
  • 273 1 TILL late last evening, Wardley staff were still busy counting the "boxes and boxes" of application forms for the Marco Polo issue of 31.75 million shares. An official said that there was a very large number of applications for 1,000 shares and that those applications
    273 words
  • 455 1  -  By FONG MEW LENG THE National Wages Council will continue to operate for the next few years to help employers and unions adjust to a return to normal collective bargaining. Mr Lim Chee Onn, secretary general of the National Trades Union Congress and a member of
    455 words
  • 530 1 OIL COMPANIES yesterday refused to comment on complaints that oil companies were deliberately prolonging negotiations over increasing commissions and also putting a strain on petrol dealers by making them pay partially for the "gift wars" waged by the oil companies to maintain a share of
    530 words
  • 270 1 TOTAL assets and liabilities of Asian currency units la Singapore grew by IS» billion, the highest monthly increase alace the Ariaa dollar market was first act ap la IMS. IV ate of the ACUs surpassed the US$l6 billion mark at ead-Mareh,
    270 words
  • 580 1  -  By CHOO AI LENG AT LEAST 20 per cent of Ngee Ann Kongsi's members are expected to vote against the proposed settlement with Metro Holdings on the dispute over the valuable Orchard Square property. These members are not happy with the terms of the settlement
    580 words
  • Page 1 Advertisements
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      154 words
    • 80 1 SHIPPING TIMES KHMER Rouge potting op stiffer re5i5tance.........................—. 3 SYRIA emerging from long period of isolation S AN ANALYSIS of mounting GOOD first quarter for US ec0n0my................................... 9 OPEC likely to freeze crude oil price 5....................................... 14 NEW Zealand may withdraw problems at the 1MP................. 8 troops from 5ingap0re............... 14
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    • 5 1 See back page Leader...page C
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    • 104 1 Companies Activities. Key Personnel. Agencies 1 The Straits Times DIRECTORY Of Singapore (Buku Merah) The performance of a console-size copier, without its cost. a The desk-top sixe Ricoh DT1750. »Clear, crisp copies »35,000 copies or more per month Saves on operating costs by 50% or more Space-saving 28 copies per
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  • Page 2 Advertisements
    • 855 2 5* a? *Y A K 1 v 1 *1 <•' X N» •«S *s -v+* 2* y* Jti E Ifclfc H *o*<--K\ X*? v »fci*' •Mfcl <T> m m M •^N V' >* <** A m «*> <-~ iMH $fefc -y,l\w J» 7** ><*>*& *A v- .*>- 4^ /-V^ «r
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  • REGIONAL
    • 307 3 Reuter AUSTRALIAN Defence Minister Jim Killen will visit Singapore and Malaysia early next month to discuss regional security matters, including a gradual withdrawal of Australia's Mirage squadrons. An Australian High Commission spokesman in Singapore said yesterday that Mr Killen, accompanied by chief of
      Reuter  -  307 words
    • 298 3 Reuter JAPAN is not prepared to curb car exports to the European Economic Community (EEC) as a whole while there is discriminatory restraints in some member-states such as Italy, France and Britain. Vice-minister at the International Trade Ministry Naohiro Amaya's remarks followed a
      Reuter  -  298 words
    • 249 3 AP IN A MAJOR gesture to Taiwan, China has indicated to Madam Soong Mei-ling, the widow of the late Nationalist President Chiang Kai-Shek that she can attend the funeral of her critically ill sister, if she dies. Diplomatic sources said yesterday China has formed a funeral committee
      AP  -  249 words
    • THE REGION IN BRIEF
      • 363 3 Agencies A FIRE that broke out in the newly-built Asean headquarters in Jakarta on Tuesday, creating panic among officials, was quickly put down. The fire originated on the fourth-floor of the sevenstorey building, inaugurated only eleven days ago, destroying office equipment including typewriters, tables and filing
        Agencies  -  363 words
    • 180 3 AP WORSENING relations between Ml» and the Association of South-east Asian nations has resulted In a inns of contracts for India, said the Secretary General ol the Indian Foreign Ministry, Erie Gonsalves. India'* relations with Aaeaa deteriorated last year when India recognised the Vietnamese-backed
      AP  -  180 words
    • 400 3 UPI CHINA, claiming to have thwarted repeated Vietnamese border attacks, said on Wednesday its Khmer Rouge allies had killed or wounded about 3,000 Vietnamese and set up a large "liberated area" in Kampuchea. Diplomatic analysts said the reports obviously were directed at an Asean
      UPI  -  400 words
    • 230 3 AP TOYOTA Motor Company will send a delegation to Canada in about two weeks time to study the feasibility of establishing a car parts plant, probably in British Columbia. Herb Gray, Canada's federal Minister of Industry, Trade and Commerce told the opening of the fourth Japan-Canadabusiness-men's conference
      AP  -  230 words
  • Page 3 Advertisements
    • 72 3 'jiEZ7\ MEZ Electric Motors (Czechoslovakia) Mez electric motors well-established in Europe Middle East, Thailand and Indonesia are now available in Singapore among best quality products made in Europe most competitive prices over 3,000 units (0.37 kw to 75 kw available ex-stock) full spare parts and sen/ice support P 4 sole
      72 words
    • 252 3 This might remedy your immediate photocopier headaches... 'Afi* w M f A W but our cure is permanent m I I If your present copier is giving you continual headaches, why not try the Oce cure? The new Oc6 1900. It cures your copying headaches by diagnosing its own problems.
      252 words

  • RAW MATERIALS
    • 244 4 AFP THE FIRST public-user liquid bulking terminal for the palm oil trade will be ready for operation by November this year. This palm oil bulk terminal at the north of Port Klang is part of a M 510.8 million (US$5 million) project undertaken by Fimaly
      AFP  -  244 words
    • 224 4 WHEAT futures in Chicago on Tuesday closed near the middle to low side of a 7Vt cent range, down five to 3' 2 cents a bushel. Traders said prices declined in sympathetic movement with lower corn prices on local long liquidation. Chartists added that the market ended on a
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    • 222 4 SOYBEAN futures in Chicago on Tuesday recovered late to close down 2'/2 cents a bushel in nearby July, to up as much as 3*2 cents in other contract. Active local short-cover-ing on lack of follow-through selling interest and following the rally in soyoil accounted for the recovery, traders said.
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    • 290 4 RUBBER prices in Singapore yesterday closed slightly higher with June One RSS buyers quoted at 248.50 cents per kilo, up 2.25 cents from Tuesday's close, dealers said. Morning prices were marked up slightly on higher London advices and some buying interest, they said. Afternoon prices gained further ground on
      290 words
    • 304 4 RAS prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 249 00 250.00N Int. 1 R.S.S. June 247.50 248.00 Int. 1 R.S.S. July 250.00 251.00 Int. 2 R.S.S. 225 50 226 SON UK/Cont 224.50 225.50N Int. 3 R.S.S. 220 00 221
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    • 109 4 NOON SSR and SMR pnc*a yeiterday HAS Juae July (Current Mtb) (Forward Mth) SSR 20 Bayer* Sailer* Bayer* Seller* (1-ton pallet) ***** 222 SON 222 50 224.50N SSR SO (1-ton pallet) 217 50 *****N 219.50 221 SON MRKLB in ■e My SMR CV (1-ton pallet) 298.00 300.00N
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    • 96 4 THE STRAITS tin price in Penang yesterday fell 11 cents to M 529.41 a kilo, still in the ITA range of $21.28 to $31.11, despite farther evidence of buffer stock baying, dealers said. They said, the buffer stock baying for the seventh consecutive trading day, has encouraged higher
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    • 34 4 Rubber. May 20 Singapore: June: 248.50 cents (up 2.25 cents) Malaysia: June: 270.00 cents (up 3.50 cents) Tin: M $29.41 per kilo (down 11 cents) Official offering: 270 tonnes (up 5 tonnes)
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    • 148 4 AP THE world's cotton crop in 1980-81 is estimated at nearly 65.5 million bales, an increase of about 300,000 bales from indications a month ago, the USD A said. Despite the increase, cotton production this season still is expected to be slightly less than the crop of
      AP  -  148 words
    • 178 4 CHINESE Produce Exchange, Singapore, noon closing prices per 191 kg yesterday. Cooenut 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 $420.00 sellers, Sarawak white pepper
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottoa yarn: China Blue Phoenix 20s 2.275 32s 2,740, 40s 3,025 (per bale of 400 lbs). Piece gMda: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • 337 4 SINGAPORE: Yesterday's closing prices in S$ per kUo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 100 per cent third class 1.05, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80. Special
      337 words
    • 810 4 COFFEE: Robusta futures yesterday stablised around the lower level after an initial fall triggered by the late decline in New York futures overnight. July opened £25 down at £985 and slipped to £981 before steadying. Dealers said stoploss and dealer selling was featured. They said London is following
      810 words
    • 167 4 THE Kuala Lumpur market yesterday ruled firmer on short-covering with sellers reluctant ii| active trading, dealers said. In May, the southern region was traded up to. Ms9Bs a tonne and central up to 1990. In Juner south gained $27.50 to $985 and central $17.50 to $987.50, July saw
      167 words
  • ASIAN STOCKS
    • 508 4 TOKYO THE market yesterday recovered sharply with the average offsetting more than a half Tuesday's 187.88 point drop, dealers said. The market average gained 107.26 to close at 7,371.27 on bargain hunting over a broad front, but trading was thin with volume 300 million shares as many investors
      508 words
    • 311 4 THE market yesterday opened in the same pattern it has traded in the past few days. Buying was concentrated on second-liners while the blue-chips remained dull. Mid-morning trading calmed down as many small investors took profits after the recent sharp gains. A very strong raly in the last half
      311 words
    • 260 4 COAL issues and Cooper Basin gas stocks underpinned firmer trading yesterday as the heat came off the banking sector in response to the ANZ Bank's withdrawal from the takeover scene, dealers said. MAY 20 Cent» INDUSTRIALS A. C. I 191 unch A N I 300 A P M 2258
      260 words
    • 240 4 STOCK prices yesterday closed lower in the absence of buying support in slow trading, dealers said. MAY a Bahts Ada Credit 101 -1 Asia Fibre I«0 unch AtuUuji In*. And Trust 14 -0.5 Bangkok unch Investment 138 Bangkok Bank Be unch Bangkok Drying And SUo Bangkok Insurance Bangkok Metropolitan
      240 words
    • 153 4 THE stock market yesterday remained mixed as the commercial and industrial sector fell and mining and oils firmed as turnover dropped to 1.2 million pesos from 2.2, dealers said. Atlas Con B and Phil Overseas finished stronger and weaker shares were Seafront, Ist Phil Holdings and PLDT while the
      153 words
    • 52 4 FINANCIAL TIMES INDUSTRIALS Tuesday 555.9 Monday 562.1 Week Ago 556.0 DOW JONES AVERAGE INDUSTRIALS Tuesday ***** Monday 985.77 Week Ago 970.82 H.K.HANG SENG Wednesday 1585.10 Tuesday 1554.37 Week Ago 1482 62 AUSTRALIAN INDUSTRIALS Wednesday 743.3 Tuesday 743.9 Week Ago 751.4 ALL ORDINARIES Wednesday 692.7 Tuesday 689.8 Week Ago
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  • Page 4 Advertisements
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  • TRADE AND INDUSTRY
    • 341 5 A CHINESE delegation on a fact-finding tour of the local tourist industry has taken a practical approach: go hotel hopping. The seven officials from Guangzhou, including the deputy mayors of Canton, were in Singapore until yesterday on an informal visit, said Mr Axel
      341 words
    • 169 5 MINISTER for Trade and Industry Goh Chok Tong will be leading a delegation to South Korea for the second annual Singapore-South JCorea Ministerial Meeting to be held from May 24 to 27. The meeting, to discuss economic and other matters of mutual interest, was initiated during Prime Minister
      169 words
    • 113 5 DYNASTY Holdings has appointed Mr T*ay Ng Boon He as group chairman. He is responsible for the management of Dynasty Holdings' travel and tour subsidiaries namely Mandarin Travel and Dynasty Tours in Singapore, Hawaiian Tours in Malaysia, Dynasty Tours in Hongkong and Australia. Mr Eric Chaa has
      113 words
    • 290 5 A 10-MEMBER delegation from the Korea Machine Tools Industry Association will arrive in Singapore on May 31 for a three-day visit. The products represented by the delegation will include milling machines, press, lathe, milling and grinding machines and nail making machines. The delegation will study Singapore's industries and
      290 words
    • 143 5 JAPAN has increased to 135 the number of training awards to be offered to Singapore this year. Last year 113 awards were offered. The number of Japanese specialists dispatched to Singapore under the Japanese government Technical Cooperation Scheme is also expected to be increased.
      143 words
    • Article, Illustration
      390 5  -  By SIOW LI SEN SPECIALIST equipment manufacturer Haven Automation is expanding its facilities here to cope with the growing demand for its products in the Asean region. It is expanding its existing Jurong facility from 8,500 sq metres to 11,500 sq m. This will help the company handle
      390 words
  • Page 5 Advertisements
    • 191 5 An unique property investment opportunity! Ss39 million Package Sale of 49 Shop Units at 3 £j Sff miwt 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 2nd floor of the Admiralty
      191 words
    • 146 5 Canon Try To Copy Us From Canon, you may select a small-volume copier, a reduction copier, a retention copier or the world's smallest copier capable of copying up to A3 sizes but whichever it is, it is a choice for technological excellence, no less. Only the best of Canon technology
      146 words

  • 410 6 IT MAY be a simple family squabble, but the public airing of petrol dealers' grouses over the state of their financial relationship with the oil companies does bear comment. Without a clear picture of the actual profit performance of petrol dealers since the price of
    410 words
  • 289 6 THREE years of sharply higher wages will have come to an end with the implementation of the 1981 NWC wage recommendations. The NWC has faithfully and dutifully discharged its responsibilities in line with the goals of economic restructuring. The question now on the
    289 words
  • 745 6  -  By JEREMY CLIFT Reuter SYRIA'S handling of the missile crisis with Israel is helping it emerge from a long period of regional isolation judging from messages of Arab support landing in Damascus. Syrian Foreign Minister Abdel Halim Khaddam last week chided his country's fellow
    Reuter  -  745 words
  • 710 6  -  By JONATHAN SHARP WHEN CHINA announced that its 1980 inflation rate was 6 per cent, many non-Chinese observers scoffed and mentioned anything up to 20 per cent as being a more realistic figure. The truth probably lies in between, according to Western specialists on the Chinese
    710 words
  • 897 6  -  FORDHi with WILLIAM SAFIRE NYT THE SYRIAN missile crisis is the first Soviet test of the Reagan Administration's will. The Reagan response to the Kremlin's investigation has been dangerously soft. The first sign of softness came when Secretary of State Haig prevented
    NYT  -  897 words
  • Page 6 Miscellaneous
    • 615 6 CRYPTIC PUZZLE ACROSS 1 Be inclined to buzz off (5) 6 Jolly Roger's? (5) 9 Sportsmen who involve me in arson, possibly (7) 10 Great man with a bed in this street! (5) 11 Units involved in the current production (5) 12 Put trees in a new position? (5) 13
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    • 41 6 H£P\f2c> XLtr ZV"_f f*^^/T 7 PnuT 1 v GoxnghtJ/— 9J rirf*' (GOCD JQBJ) > J c sbc-*p-\ r -^m^r you Ii ll sir DOWM J r _L*£f£ j^yrq BRtW> (X»c*. OM youS\q>^T? £f| Peer y r? c?— (A rc^, J± O I
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    • 453 6 6.05 PM Opening folowed by Rocket Robinhood 6.25 Best of Friends (r) 6.45 News And Newreel Tamil 7.05 Widemess AKve Australia's Deep North 8.05 Appointment Tonight 9.00 News Chinese 9.25 The Sword of Romance 10.20 Tamil Cinema (Part 1) Thottathellam Ponnagum 11.30 Close MALAYSIA 3 3.00 PM Quran Reading 3.08
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  • Page 7 Advertisements
    • 1455 7 Ogilvy Mather Direct Response The advertising agency with the secret weapon $SMfl > l* "For forty years, I have been a voice crying in the wilderness, trying to get my fellow advertising practitioners to take direct response seriously. Direct response was my first love. And later, my secret weapon." JT
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  • 1830 8  -  WORLD BANK K The World Bank, the International w Wk* Monetary Fund (IMF) and the MM Bank for International Settlements (BIS) all play crucial roles in the world financial community. DAVID BUCHAN reports on why the World Bank is set for a period of consolidation,
    Source: IMI  -  1,830 words
  • 1498 8 Bank for International Settlements FT THE EUROPEAN central bankers who set up the Bank for International Settlements (BIS) 51 years ago chose Basle for its location partly because that prosperous Swiss city stands at one of the main crossing points of Europe's railway routes. The bank
    FT  -  1,498 words
  • 733 8 The IMF FT THE INTERNATIONAL Monetary Fund (IMF), for all the image of sobriety which is properly associated with the central bankers' central bank, is no longer the place for the quiet life. It has experienced a year of controversy and change even at times tumult
    FT  -  733 words
  • Page 8 Advertisements
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  • OVERSEAS
    • 292 9 Reuter BRITISH Prime Minister Margaret Thatcher was involved in sharp clashes in Parliament on Tuesday after sacking Navy Minister Keith Speed for publicly opposing a possible rundown of the navy. There were jeers from the opposition Labour Party as she denied Press reports
      Reuter  -  292 words
    • 279 9 AP THE UNITED Arab Emirates Oil Minister urged the 13-nation Organisation of Petroleum Exporting Countries (Opec) on Tuesday to reduce oil production and reunify oil prices. Dr Mana Saeed al-Oteiba said in Abu Dhabi before flying to Amsterdam that Iraq and Iran were now
      AP  -  279 words
    • 557 9 Reuter UPI WESTERN banks are expected to agree on a plan to ease Poland's financial burdens by rescheduling the U552.37 billion it was to repay to commercial banks this year. A group of 19 banks met in Frankfurt yesterday under the auspices of Dresdner Bank, one
      Reuter; UPI  -  557 words
    • 307 9 AFP EDWARD Gierek, former First Secretary of the Polish Communist Party on Tuesday defended himself against charges of incompetence by attributing Poland's financial failings of the last decade to insufficient credit controls. At a hearing on the roles played by the country's former leaders
      AFP  -  307 words
    • 761 9 ARRIVALS Service Local Operator Number Time From PAA PA005 0010 NYC'SFO/HKG MAS MH60I 0630 KUL MAS MH680 0645 KCH PIA PK772 0730 KHI/CMB/KUL SIA SQ101 0615 KUL MAS MH811 0615 PEN MAS MH603 0630 KUL RBA BI421 0930 BWN MAS MH671 1000 PEN/KUL SU SQ201 1000 HLP
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    • 287 9 Reuter UNITED Nations SecretaryGeneral Kurt Waldheim has offered .to help improve relations between Washington and Moscow, saying he had a responsibility to encourage dialogue between the superpowers. Mr Waldheim said that it was clear both the United States and the Soviet Union wanted
      Reuter  -  287 words
    • WORLD IN BRIEF
      • 342 9 Agencies THE VALUE of US exports of farm commodities will climb to US$46 billion this fiscal year, up 14 per cent from $40.5 billion in 197»«. The US Agriculture Department said the actual volume of commodity shipments was estimated at a record 16 million tonnes, down two
        Agencies  -  342 words
    • 302 9 UPI CHANCELLOR Helmst Schmidt flew to Washington yesterday to ask Ik I'nlted States kelp him combat an aati-Amerieaa seatraltst movement Is West Germasy by speeding arms control talks with the Soviets. Is as effsrt to stem a growing revslt la kls Ssetal Democratic
      UPI  -  302 words
    • 448 9 NYT AMERICA'S gross national product, after adjustment for inflation, rose at an annual rate 8.4 per cent in the first quarter of 1981, showing an even stronger economy than previously thought. The revised figure for the output of the nation's goods and services is
      NYT  -  448 words
    • 450 9 AP THE PENTAGON acknowledged on Tuesday that the Reagan Administration is keeping a powerful battle group headed by the aircraft carrier Independence in the eastern Mediterranean because of the growing crisis between Syria and Israel. Spokesman Henry Catto said: "In a situation as tense as
      AP  -  450 words
    • 143 9 AP THREE years after its inception, a long-range effort to improve the ability of Nato nations to fight a conventional war has shown little overall progress, a US congressional study concluded on Tuesday. It called for increased spending by Western Allies to meet goals
      AP  -  143 words
  • Page 9 Advertisements
    • 192 9 fH Golftmg m tkt cool Cr f*"< Hon/ ndng Get to the Hill. Miking frtnds 1 tkt mmt too Aa chot ai tht to**g* *#3 L c i_ fcJT*J££fc When the lowland heat gets you down escape to Fraser's. Cool fresh air. Unhurried living. Undemanding pace. Jogging. Golf. Tennis. Squash.
      192 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 170 10 MAY I* ru abn *100 4-1 Ahold Akao AMKV Am fu 80J0 U3D MJO 101.00 -OJ -OJ 0.4 -OJ Amrobnk ssr BoU BorsumlJ Burhmann CaJend Calve Delft MJO MJO MJO MJO M7J0 MJO MJO 211.00 -0.1 2J unch 2J -2J -0J 0.9 9 Dell Mlj 97 JO 142-00 4.6
        170 words
      • 264 10 MAY 19 Frs CORBEILLE Alr-Uqulde 400 1 B S N Ocrali Danone 860 5 CSr < ThomsonCsJ). 250 10 Cle Francalse del Petroles 130 •a Compacnle Financier* Compacnle Oenerale 208 -i Credit Foncler De Prance 333 Hachette (Llbralrte) 310 0 Machines Bull 44.70 -A3 Mlchelln (B).. m -1 Parlhaa
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      • 88 10 MAY 19 rn FORWARD MARKET Actc 29© -n Arbed 1290 Astur 390 -4 Bructn 1078 •M Bru-Lamb 1140 -1 Cinpic 1436 -a Cock 172 De Bten 325 s VhM 1330 Electrobel MOO Ob-Inno-Bm iaao 15 QtV use -8 Hobo* an -a Pelro 4580 unch Ryl Dutch 1480 -10 81dro
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      • 214 10 MAT It Dm Aag-Telcfunken 5X00 -0-5 AIM) Ml 1UU Alii La«*n *****0 unch Alls Vers 4 TB 00 -3 BASF 130 00 -0 0 Bay H T Wbuil ***** -12 Bay Vbank 30* TO -1J Burnt 134 JO -U BBC 2M-50B BMW 174.50 •3 CUKll* 270-50 -4-5 Chcm Verw
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      • 182 10 MAY I* Francs Action* SiiU—i 273 Aluaulne Br f15 AlusuUae Rm 3D Brown Boreri Br. 1310 CUM 0«t7 Br MTI5 aba Oekfj P C CU» 0*<fj Re» 533 Credit Bullae fir 2TJ0 Credit Bullae Rrf 400 Elektrowatt Br. MOO Oaorcc Plachar Br 040 Olobus Pe 340 Haro Br 3040
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      • 97 10 MAY if Lire Antr 796 •11 Aaioc Oen ***** 4600 906 -5.5 Ctntnit ime 4-1710 Flat 2399 -IS rinxkter 61J0 Oen I mm ob ai -16 m prt Tioo 16 ItAicemenU ***** 4560 Halfmm 1SB2 4-161 Ittlstter Mafneu M Pf SB 1040 unch .4-15 M&relU Etc Med lob HI
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      • 191 10 MAY 1* O Abiubl 38 v, .It AIMK Aifoma r* H Bank Mont Bank Norm Scotia Ball Tel Beth Corp BP Can Ltd 77W n>* u* «61» -H -fe Braacan Camp Red Lake can Imp Bk 2SH Canpac 44* .It Canpac ln» Pf Car ling OTteefe Comlnco I T%
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      • 284 10 MAY IS Rand INDUSTRIALS A Alpha 445 6 Abercooi A T And CI MB MO unch AM1C MOO 1006 10 Barlowi Of Sufmr fi&A 046 10 Currte Pln&ncr 225 10 De D»«rt Ind moob Edcon U|U> Enttidi Fed Vo« 6306 H60B 460 -10 rufit Ottdltn 256 -9 Onimii Hippo
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  • Page 10 Advertisements
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      231 words
    • 122 10 übertu* (Ml For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday Siy.so 10' < service charge <'<'ss Javanese Kijsiafol Saturday Sunday $17.50 10'' service charge 3'< cess For reservations call 737%"* A < <*iillir\ I *jirk Hlm'i*iil« »i i *">ii»r«• America is not merely a
      122 words
    • 246 10 See Page 4 for Asian stocks and Page 11 for New York prices iT I 1 rii'iiAi I !r3iJs9Ts^sjQj ®T <i. K bW The* easy style vocal harmony and wide repertoire at nostalgK oldies and popular hits will soothe you into a very related mood At the Imperial Bar 800
      246 words
    • 160 10 bin 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. Timrrry Lopez The Goldw yn Twins I !i >11
      160 words
    • 174 10 A The Dragon Palace Restaurant is where you can dine tn regal splendour and dance to the mellow sounds of yesteryear with The Zodiac" Specious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome! a Cockftiffetd Oxley Rise/Penang Road. Singapore 0923 Tel *****11
      174 words

  • BANKING AND FINANCE
    • 492 11  -  Alan Lernes The writer, Alan Lerner, is a senior vice president and money market economist with Bankers Trust. ATTEMPTS to construct a bull-market scenario amid the debris of shattered credit markets have picked up steam. Optimistic interpretations have been attached to the latest increase in
      492 words
    • 209 11 SECURITY Pacific Bank may open a representative office in Beijing within the next three years. Ralph Bellville, executive vice president of International Banking said: "As we see trade develop, then we will consider it." He said American banks that currently have offices in Beijing were not doing that
      209 words
    • MONEY AND EXCHANGES
      • 542 11 THE US dollar generally weakened against major currencies in the local money market yesterday. Although it opened firmer against the local dollar at 2.1530/50, it failed to maintain its position. The US dollar fell to close at 2.1460/70. laterbaak farwart rate* at S pm: One month 2.1421/2.1441 Two
        542 words
      • 168 11 THE US dollar for overnight delivery yesterday closed firmer at 222.50 yen, compared with a 222.00 opening here and 221.85/222.00 closing in New York overnight, dealers said. This was up sharply from a 220.60 closing here on Tuesday. Trading volume was an active US$l.24 billion. The dollar fluctuated between
        168 words
      • 22 11 THE average rate ai which major Singapore banks are currently prepared to lend to their best customers is 12.52 per cent.
        22 words
      • 143 11 ASIAN RATES ASIAN currency deposit interbank rates as at close on May 20. 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DolUra(Spot) Offer Bid 16 3 16'» 17 7/16 17 5/16 18'. 18 18 3 18 4 17 15/16 17 13/16 17'. 17
        143 words
      • 104 11 RANGE of prices offered by discount houses on May 20: Overnight: 8' i r A to 8 1 i r i Call deposits: 6'»'* to 6' i'< Closing Buying Selling 3-month Treasury bills 6 1 6'. 3-month Bank bills 10 10 k 3 months CD 11 10 6 months
        104 words
      • 56 11 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of: a) $130 million 91-day Treasury bills to be issued from May 25 to May 29 and b) $20 million 182-day Treasury bills to be issued on May 25. Each tender must
        56 words
      • 48 11 FRANKFURT exchanges opening quotes on May 20: US -2.3070 85 Stg 4.792 T9T Can 1 9240 61 D F1 89 86 98 S Fr 112.11 25 Ut 2 009 12 F Fr 42.51 56 N Kr 40.57 63 B Fr (fin) 5 992 6.002 Yen 1.0405 18
        48 words
      • 216 11 SINGAPORE gold futures yesterday closed generally easier compared with overnight levels in light trading, dealers said. Opening quotations were marked down between US$l and $4 an ounce following the metal's weakness in New York overnight and then eased marginally in subsequent trading on lack of interest, they said. Total
        216 words
      • 42 11 Taea Mm New York 10 93B 11 00B 1113S ii aos Zurich 10.90B 10 90B ***** 11 10S *it4 Tm Singapore 10 90B 10 95B U.MS 11 15S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
        42 words
      • 1195 11 NEW YORK stock prices on Tuesday fell in moderate trading amid new concerns about inflation and tight credit. The Dow Jones industrial average declined nearly six points, despite a late rally, with declines leading advances three to two. Volume was about 42 million shares compared with 42.51
        1,195 words
      • 141 11 THE US dollar yesterday eased slightly against other major currencies in quiet late trading, after opening at around New York levels, dealers said. Market sentiment was still bullish on the dollar, supported by indications of strength in the US economy, they said. However, the yen recovered to a late
        141 words
      • 69 11 THE dollar yesterday fell back in a quiet opening market from the highs reached in New York and early Hongkong trading. Opening quotes yesterday US 2.0710/50 Can 2 «00 40 Cross 1 2012 15 D Mk 4 7890 7940 D Ft 5 3275 3340 S Fr 4 2685 2756
        69 words
    • 107 11 NEW YORK STOCK MARKET AIR NEW ZEALAND has given National Westminster Bank Ltd the mandate to raise a I S$lS5 million Eurocredit to help It purchase three Boeing 7415. The Euroeredlt Is part of a $215 million finance package for the three airliners, the first of which
      107 words
    • 39 11 PRESIDENT Abolhassan Ban! Sadr said Iran's clergydominated government is trying to onst Central Bank governor All Reza Nobari and establish control over the bank. He said it is vital to protect the bank's independence from the government.
      39 words
    • 415 11  -  By ALVIN TAY OVERSEAS Union Bank (OUB) has made its second appearance in the Singapore-based floating rate certificate of deposit (FRCD) market. Its US$3O million offering yesterday is double its initial offer in 1978. The latest certificates will have a maturity of four years against only
      415 words
    • 131 11 Reuter CHINA has sold more than half of its first domestic government bond issue since the Cultural Revolution with sales totalling 2.13 billion yuan, the China Finance and Trade Journal said. Sales to the end of April accounted for 53.25 per cent of the total issue
      Reuter  -  131 words
    • 66 11 Reuter SPAIN will increase domestic credit lines to companies in which foreign shareholdings exceed 25 per cent. These companies will now be able to raise short, medium and long term capital in Spain equivalent to five times their assets compared to medium and long term domestic credits not
      Reuter  -  66 words
    • 435 11 THE WORLD BANK lias borrowed US$5.4 billion under its $6.6 billion borrowing programme for fiscal 1980-81 but it may decide not to go to the markets for all the remaining $1.2 billion before the year ends on June 30. Joe Wood, director
      435 words
  • Page 11 Advertisements
    • 70 11 Gggaiff restaurant presents Wednesday Fashion at 1.15 p.m. Try our sumptuous Hunan delicacies at no extra charge Exquisite clothes of [E3EEE3 TEJIS boutique Unit 226,2 nd Floor. Supreme House, Penang Road.Singapore 0923 Makeup MERLE NORMAN COSMETICS New Studio at Outram Park 151A-167A Models:' MANNEQUIN ARTS STUDIO 0506, Singapore Shopping Centre
      70 words
    • 81 11 This announcement appears as a matter ot record only PARKWAY PROPERTIES PTE. LTD. *****,000,000 SYNDICATED FACILITY Managed by THE DEVELOPMENT BANK OF SINGAPORE LIMITED UNITED OVERSEAS BANK LIMITED Co-Managed by BANK OF CHINA THE DEVELOPMENT BANK OF SINGAPORE LIMITED Provided by BANK OF CHINA UNITED OVERSEAS BANK LIMITED INDUSTRIAL COMMERCIAL
      81 words

  • 2006 12 BID and o Her pi ices officially listed and business in and reported to t he Stcick Exchange of Singapot -e yesterday with the number of shares traded shown in bi rackets in lots of 1,000 units, unless otherwise specified. SECT lON
    2,006 words
  • 168 12 SINGAPORE UNIT TRUST OUB-MONTAGU (Mkupn' prieM for May tl) (Maaagers' prim for May 21) The Commfirt 389 4 09xd Union Spore Fund 1 TSsd 18btd The Savings Fund 2.21 2.32 S pore Prog Fund S'porr Sec. Fund 169 177 INCOME BOND UNIT 2-38 171 (Carrrat pr km) S'pore
    168 words
  • 2833 12 Gr*s Gr*a Net 1981 Lfcat Div Div Y'ld P/E Vol Day High Low Coapuy Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 424 320 Ac ma 376 -18 14.5 2.8 38 15.3 7 390 376 Alcom 300 10.0 2.5 3.3 25.0 334 130 Allied Choc
    2,833 words
  • 2114 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. INDUSTRIALS Aieaa i 4 268) (I) 3 SO (3) 3.70 (5) 3.74
    2,114 words
  • 55 12 KING'S H*tel 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. MALAYSIA BulMlag S#elety Berfcad: AGM to be held at the Board Room, 3rd floor at 'Bangunan MBSB' 13/15, Leboh Ampang, Kuala Lumpur
    55 words
  • 719 12 THE STOCK market opened on a 'whiter shade of pale' from Tuesday's off-colour performance. Bat the resllieat bails saaa returned te recharge worn-out batteries, aad share prices closed oa a mixed note. Attention was aace agaiß centred oa selected stocks, partlcalarly heavyweight issues,
    719 words
  • 614 12 SOME late support filtered through in a generally easier market on the Kuala Lumpur Stock Exchange yesterday. Good recovery was seen in selected industrial issues such as Central Sugars which went up a sharp $2.70 to a high of $19.50 in active deals. In hotels,
    614 words

  • COMPANY NEWS
    • 388 13  -  By CHRIS LIM THE SETTLEMENT of a dispute over 15 million San Imperial Corporation shares between Malaysia Borneo Finance Corporation (M) Bhd and a Mr James Coe has made further progress. In keeping with the terms of the settlement, San Imperial Corporation's largest
      388 words
    • 149 13 MALAKOFF is buying additional shares in Sabah Agricultural Development (Palm Oil) Company (Sadpo) to raise its stake in this subsidiary from 51 per cent to 70 per cent. It said agreement had been reached with minority shareholder C Itoh and Company to buy 11,400 ordinary Sadpo shares
      149 words
    • In Hongkong...
      • 151 13 said it plans to make a bonus issue of warrants on the basis of three warrants for every 10 shares held. Each warrant will entitle shareholders to subscribe for one further new share in the company at a price of HKJI2.BO per share up to July 31,
        151 words
    • 676 13  -  By THE CITY STAFF MALAYSIAN-BASED public companies are buying into property in a big way. But the spate of acquisitions which began late last year has seen relatively little cold cash directly injected into the property market, with purchases satisfied largely by the issue of new
      676 words
    • 458 13 SIGMA Metal expects that it will be able to sustain its improving results this year with the local building industry undergoing a boom period. The company last year achieved a remarkable 419.6 per cent Jump in its pre-tax profit to $873,000 from $168,000 in
      458 words
    • 173 13 uf2O6CYCLE and Carriage (Malaysia) Sdn Bhd (CCM) has announced the appointment of Mr Philip Khoo, an honours graduate in economics from the University of Malaya, as executive director of the company's operations. Mr Khoo's last appointment was with the Federation of Malaysian Manufacturers as executive director from 1975
      173 words
    • 729 13 Market Talk... A VALUATION of most of the plantation companies with assets in Malaysia by Laareace, Prist and Company shows that a number of the more popular stocks listed locally are overvalued. In the 'substantially overvalued' category, Prust has picked out Malakoff, which it
      729 words
    • LATEST RESULTS
      • 57 13 has reported audited net 1980 profit of M 5471,000 ($255,000 previously). The pre-tax profit comprises 1710,000 trading profit ($361,000) and $136,000 investment income ($115,000). Tax came to $375,000 ($221,000). The company is paying an annual dividend of 20 per cent gross (15 per cent) payable on
        57 words
      • 90 13 reported pre-tax profit £19.24 million (£23.32 million) in nine months to Dec 31, 1900, on turnover of £44.9 million (£54.8 million). Trading surplus pame to £15.13 million (20.34 million);, investment income £3.8 million (£2.65 million); tax £6.32 million (£10.26 million), leaving £12.92 million (£13.06 million). Earnings
        90 words
      • 24 13 has announced that its unaudited consolidated net tangible asset backing per share as at April 30 this year was $2.66.
        24 words
      • 48 13 has recommended a second and final dividend of 6 per cent less tax for the year ended Dec 31, 1980. The dividend will be paid to shareholders on June 18 if approved. The register of members will be closed from June 11 to June 18.
        48 words
      • 21 13 has an- nounced an interim dividend of 4.50 per share. The payment date will be around June 16.
        21 words
    • 375 13 VENEER Products Ltd is looking towards its diversification into property activities to pull it away from the slump conditions it has been experiencing in the timber industry. The Veneer group again reported a loss before extraordinary items for the year ended Feb 29, 1900 amounting to 1686,833. It
      375 words
    • 332 13 BOTH Gopeng Cons and Pengkalen have reported disappointing results for the six months ended March 31. The former suffered from reduced income from all three sources of revenue mining, plantations and investments while Pengkalen was adversely affected by the accidental sinking of its dredge early this year.
      332 words
    • 397 13 SHANGRI-LA Hotel Ltd is expecting tougher times ahead despite the buoyancy of the local hotel industry. These sentiments were expressed by Shaagri-la's chairman, Mr Robert Knok Hock Nien, who last year reduced his beneficial holdings la the company from 1.88 million shares to 1.38
      397 words
    • 48 13 MORGAN Grenfell (Asia) Ltd has replied to a Stock Exchange of Singapore query on behalf of Hong Leong Finance Ltd and Singapore Finance Ltd stating that "there have been no other material developments in the business and affairs of Hong Leong Finance Ltd and its subsidiaries."
      48 words
  • Page 13 Advertisements
    • 275 13 Some people say we've got quite a history behind us. As a multi-faceted multinational, I mean. For instance, we've been in the motor vehicle business for some years. Not counting our experience in engines, that is. We sell and service the most prestigious car ever to grace the road the
      275 words
    • 68 13 NOTICE This annoucemeni appears as a matter of record only Asian Dollar Issue 111 May 21 1981 BANCA COMMERCIALEITAIIANA SINGAPORE BRANCH U.S. $25,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE MAY 29 1986 Managed by FIRST CHICAGO ASIA MERCHANT BANK LIMITED DBS-DAIWA SECURITIES INTERNATIONAL LIMITED BANQUE INTERNATIONALE A
      68 words

  • 330 14 Reuter JAPANESE wristwatch exports are expected to rise to a record U5563.5 million this year, reflecting strong demand for low-priced digital quartz watches. Japan exported 48 million wristwatches in 1980, a 58 per cent jump over the previous year, while the total value of shipments,
    Reuter  -  330 words
  • 848 14 LONDON, Wed. Equities and government bonds closed easier today with concern over the future trend of US interest rates continuing to dominate sentiment, dealers said. At 3pm, the Financial Times index was off eleven points at 544.9. Speculation that further rights issues were imminent also undermined sentiment in
    848 words
  • 114 14 AFT A COLLECTIVE labour agreement signed by the American oil company Stan vac-Indonesia has been officially held ont as an example for other companies in Indonesia to follow. The collective contract provides for a minimum monthly basic salary of 137, Ml rupiahs (nearly l'Ss229) and
    AFT  -  114 words
  • 95 14 AP NEW YORK, Wed. The stock market was mixed this morning amid persistent uncertainty about the interestrate outlook. Gainers took a 3-to-2 lead over losers in the early tally of New York Stock Exchange-list-ed issues. But the Dow Jones average of 30 industrials slipped 0.18 points to
    AP  -  95 words
  • 629 14 Reuter A DECISION to freeze most if not all Opec crude oil prices will probably result from what is likely to be an acrimonious conference of the oil exporters in Geneva starting on Monday. But western oil industry executives said it is hazardous
    Reuter  -  629 words
  • 253 14 AFP THE JAPANESE government will own 45 per cent of a Japanese investment company financing a joint Japan-Saudi Arabia project to build a giant petrochemical complex in A 1 Jubail by the Persian Gulf. The Ministry of International Trade and Industry (Miti) said
    AFP  -  253 words
  • 93 14 AP MALAYSIAN and Indonesian customs agents are holding a three-day meeting in the central Java city of Semarang starting yesterday to coordinate joint action against narcotics and tin ore smuggling. The Malaysian customs and excise Director-Gener-al, Dato Rahim bin Dato Tak said that the meeting
    AP  -  93 words
  • 220 14 LABOUR and management should consider all the three important factors affecting the Singapore economy this year before they negoitiate for wage increases under more flexible wages council guidelines. The Singapore International Chamber of Commerce (SICC) said this in its reaction to this year's
    220 words
  • 312 14 Reuter NEW Zealand Defence Minister David Thomson yesterday said he proposes to withdraw his country's 800 troops based in Singapore. "It costs us a great deal more to maintain a battalion overseas than in New Zealand," he said at the end of a four-day visit
    Reuter  -  312 words
  • Page 14 Advertisements
    • 25 14 3£»ala|reMONSILUM I Forthe mai 1 \vh< > stavs fashion; J )Klil. jm* -v.- aia m .nsfub 4 «^wtot«m unoome doom /ODmi £Mi Of TWUT^ LANCOME PARIS
      25 words
    • 2 14 Leftder...page I
      2 words
    • 325 14 APPLICATION OF COMPUTERS IN MANAGEMENT by George B. Howes, a world authority on Management Systems June 8 10,1981 The objective of this seminar is to provide advanced knowledge of computet application in management, specifically, manufacturing and inventory control. It is aimed at Managers, Supervisors, Analysts, Programmers with responsibilities relating to
      325 words
  • Page 14 Miscellaneous
    • 67 14 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally cloudy with showers in a few areas around midday. Report (or 24 hoars prior to 7.31 pm on May 2i at the airport. Maximum temperature 30.5 Associated humidity 72 Minimum temperature 24.8 Associated humidity 97 Hours of sunshine 2.70
      67 words

  • SHIPPING TIMES
    • 141 15 THE Philippines maritime industry last year received 142.5 million pesos in loan grants from the Development Bank of the Philippines (DBP), about six times higher than what it received in 1979. The bulk of the loans covered purchases of locally constructed inter-island vessels.
      141 words
    • 501 15 FIVE American shipping lines have filed an agreement recently with the US Federal Maritime Commission that will authorise them to charter vessel capacity from each other on services between North America and the Far East. The application is an effort by the parties American
      501 words
    • PORTSIDES
      • 155 15 Reuter AN American-owned oil survey ship sailed into Kuwait harbour yesterday three weeks after being seized by the Iranian navy. Port officials at Mina al-Ahmadi harbour said the Western Sea had docked after sailing from Bushire in Iran on Monday. Officials of the owners, the Western
        Reuter  -  155 words
      • 77 15 AFP THE entrance to the Europoort in Rotterdam will be deepened from 68 to 72 feet to allow tankers of 350,000 to use the port, the Transport Ministry announced. At present the too limit for tankers is 275,000 tons. Larger vessels have to off-load part of their oil
        AFP  -  77 words
      • 76 15 AFP TWO New Zealand warships, Otogo and Waikota, have arrived in Bali, the first leg of a tour to several Asian and European countries. The ships which berthed at Benoa port on Monday will stay, three days in Bali after which they will proceed to jakarta.
        AFP  -  76 words
    • 709 15 Shlpptag Use Page (M Shlppiag Line Page CM Aohipelego vn i Fesco vn 4 5 Adriatic VI 5 Flotta Lauro V 5 Afea VI 3 Fortune VI 5 Afro-Eurasia VI 2 Franco-Belg in 4 5 Al Navigation VI 2 Frata NVOC VI 2 Alltrans VI 5 Freight
      709 words
    • 301 16 WHAT is claimed as the largest bulk cargo unloader worldwide has been installed at the Maasvlakte terminal in Rotterdam. Capable of carrying 85 tonnes, the new facility has a capacity to handle 5,200 tonnes of iron ore or 4,200 tonnes of coal per hour. The
      301 words
    • 973 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 Ned Hoorn 144 19.5.81 2300 Ned-EAC TA 4 TT Ever Handsome 77-14W 19.5.81 0100 Green Asia TA 3 TT Asian Pallas
      973 words
    • 1498 16 FREIGHT rates on Tuesday recorded minor losses were changed in a slightly more active North American grain sector. A 52,000 tonne cargo from the US Gulf to Japan for May/ June paid U5523.25 fio, down $1.75, but a contract of six or seven monthly cargoes, also of 52,000
      1,498 words
    • 410 17 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bum Chin (Tanker) (1100 after Lakshmi I, P/O, subject gas free) 15/16 Botany Chemist (Tanker) (after Nagano Maru, D/L, subject gas free) 35/36 Builder m (0700 subject freeboard) 22 Bunga Setawar (2100) 45A Feng Guang (after Ramoneverett) 13/14 Joinville (Group I on
      410 words
    • 221 17 PROMET recently christened the largest jack-up rig built so far at its Jurong yard, the Offshore Jupiter. This four-legged, mobile cantilever rig is the first built by Promet for the Offshore Company and the second project awarded by Offshore. The first project was converting a jack-up, the
      221 words
    • 383 17 MAJOR Japanese yards are now engaged in the design and construction of a new class of bulk and combined carriers for the AustralianJapan coal and iron ore trade. Fuel-saving specifications are prominent but it is interesting to note that these have in turn
      383 words
    • 306 17 IN anticipation of a major meeting with West European shipbuilders which started yesterday, Japanese companies have been making great efforts to spread goodwill in the industry. In Oslo, the Japan Ship Exporters' Association (JSEA) outlined once again the efforts its country's industry has made to
      306 words
    • 718 17 TAIWAN is set to grow dramatically as a nation of the sea if government plans to develop the island as a transhipment centre for both sea and air traffic are pushed through. Situated at the crossroads of transportation routes in the western Pacific,
      718 words
    • 1682 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
      1,682 words
    • 257 22 PROVIDING substance to election promises to develop a coordinated US shipping policy, President Reagan's administration has formed a new inter-departmental subCabinet unit to discuss alternatives to existing maritime policies. Designated the Working Group of Maritime Policy the new forum will report to the
      257 words
    • 796 22 Lloyd's Ship Manager THE INCREASING demand for accurate and reliable data on ships' performance in the continuing struggle to control operating and fuel costs is causing a revolution in the engine-room that could ultimately lead to a 'black box' recording device. In the
      Lloyd's Ship Manager  -  796 words
    • 135 22 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. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines. Neptune
      135 words
  • Page 15 Advertisements
    • 461 15 W HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Kelan(/Kedunt/Busan/lnchon Fm: Busan/H.Konf/Banfkok Tel S pore: *****11 P.K. *****4, PN *****5 K.L. *****0 <9* RI) 1M AMAH Orient Overseas Co*iici*teA. Line FULLY CONTAWERISED SERVICE TO EUROPE T*. BUS 6* 9/6 KRCATOi 23* 12/6 OMENTAL CHEF 25* 20/6 MtONC CONTMBt
      461 words
    • 228 15 HSEALORDS m UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE Dubai (6/6) Kuwait (8/6). Dammam (11/6). Abu Dhabi (13/6) Doha (15,6). Bahrain (17/6) Dubai (20/6). Kuwait (22/6). Damnum (25/6), Abu DHabi (27/6). Doha <29 6) Bahrain (1/7) Dubai (26/6). Kuwait (28/6). Dammam (2/7). Abu Dhabi (4/7).
      228 words
    • 17 15 INVITO CONTAINER Schedules II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII
      17 words
    • 713 15 4>cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Anpnte UMPACIFIC TRANS 1 TMBINfi A6EHCY PTL LTD Tel: *****4 (5 Imesl SINGAPORE G3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: US. PACIFIC. GULF, ATLANTIC, AST CANADA, ASIAN PORTS Feeder Veaael Kelang Penan* Singapore Longbeac In
      713 words

  • Page 16 Advertisements
    • 912 16 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 Contaner Service To Eiwpt From Eirope Feeder 'PMang Vessel Spore 1) Mseilles 2) Warn 3) H'burg 4) Gburg B rtNAGA 22/5 TOYAJ4A
      912 words
    • 209 16 BBS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA NEXT MMMU "BARBER PERSEUS" M* 34. "BARBER MENESTHEUS" km, 5. "BARBER TONSBERG" tmt 17. MI VESSELS BOTH SMGAPOK »T MS TDMNM COOOHH 47 TO: PANAMA US ATLANTIC EAST CANADA US GULF TO: CALIFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE 17/6
      209 words

  • Page 17 Advertisements
    • 340 17 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Svmk Mi Brunei BANGKOK AGENTS: BOBKO SERVICES LID. BANGKOK IE 234-1(22 (5 IMS) ENQURES. •SNGVOK CMM PASSENGERS. TEL ***** A joint service of Bon Line, Ben Ocean Blue Funnel, Glen Line and NSMO Australia Straits Container Line (A member of
      340 words
    • 337 17 pTo Franco Belgian Services I h F.,x Fr, :.ch St r'ict ;.i th fit !*]ian fir Fis!t r»: I.xrif' C.M.C.R. SEAPAC CONTAINER SERVICE MNGAPORf F NQUlfclf S ??7 '44 CfS?7?4A4I Tfrm.nm ??OS4J6 Optorg Shipping Pte. Ltd. uA>a L umpu' Port K*l«ng >001 P#iahng Jmy 77SGC3 P«n«ng 63?4S 3,1 E L
      337 words

  • Page 18 Advertisements
    • 701 18 Ml Hapag-Uoyd Spore I* 21/5 22/5 24/5 21/5 23/5 Ptn B**o Genoa Hburg B'hatren (Warn Antwerp Connect in Tokyo "Also accepting cargo for ATLANTIC GULF PORTS vta minitandbnge; and US MID-WEST by micr 11/6 14/6 18/6 10/6 12/6 18/6 21/6 24/6 tt( Mm fah Keakng ChttahrDtM* 29/4 3/5 I 21/5
      701 words
    • 568 18 KOREA ZZ P. Kelang ALTAR 163* 23-25 May ALTAR 164E 23-25 May FROM BUSAN BANGKOK TO BUSAN VEGA 161W 22-26 June 27-30 June 1-4 My FROM BUSAN BANGKOK VEGA 162E 22-26 June 27-30 June 1-4 July TO BUSAN KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC
      568 words
    • 647 18 EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON, MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BftEMEftHAVEN, OSLO. STOCKHOLM. GOTHENBURG. AARHUS, COPENHAGEN HOLLAND AMSTERDAM S-pn MM F*stoM Mm* U (wUdi 22/5 Vt wt 10/0 11/0 Em MU 20/J 22/0
      647 words
    • 940 18 I Wiamimp-"*' 5 ■jl Burrm Five Star Shipping Corpn. (J 111 6 s l Spn Plata* P—| wL PMB Zt/H Ma? m msmsMwm™ v/nmt n n/»iky JR >TM 31 Mm/) tan r A B F.S.S C Amou *i Moioywo BOUSTEAD SHPPMG fIR TtL NOS 10. *****2/*****9 A CompMM Aryantina D«
      940 words
    • 413 18 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD :s3l SANKYO LINE JAPAN/STRAITS SERVICE P. Mmb N"«e RUM *-2«/5 25-30/5 31-1/$ EEKIAI AGENTS CONTMMX Mm as AGENTS P. BLANC Snrai to anlS/Mawrir i. uana ra wtm ocem svtk rrw ra. zmmn mlal-s com mo p. hums ra c*7. mts/a LAST 491 JIB I
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  • Page 19 Advertisements
    • 884 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIOAH, JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL JVOV. •KOTA SAHABATI7W/8E KOTA SAHABAT 9W/10E KOTA SAHABAT 11W/12E SPORE 15-16/6 19-20/7 22-23/8 IST CALL COLOMBO 21-22/6 25-26/7 26-29/6 HODEIDAH 29-29/6 2-2/6 5-5/9 JEDDAH 1-1/7 4-4/6 7-7/9 AQABA 3-3/7 6-6/6 9-9/9 2ND CALL COLOMBO 13-14/7 16-17/6
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    • 904 19 BENLINE CONTAINERS EXPttSS CONTAINER SERVICE TO/FROM EUROPE H BURG B HAVEN «o** HAVRE SOTON 5/7 7/7 in \%n vi >/7 U/7 12/7 14/7 IV7 TO mm Sport P Attar* I* Ormany Austria Antwerp fra«c» U U 27/5 13/4 15/4 14/4 U/4 19 larp Bar 38/5 19/4 (22/4) <""> S CAy
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    • 641 19 ft] y I y T A' I I lifl Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN P MM I S>m 1 l)VaM>2>r*M 3>tfMr»4)6 Mr| pwaca an I ONtM a/j PEMAGA VI OAMJA 12/« i penaca lt/i I OMCM X/t I PEMAGA J/7 I OM4.M 10/7 POMGA 17/7 DAHLIA
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    • 554 19 BOUSTEAD SHIPPING AGENCIES BANK LINE AFRICAN EXPRESS Also occepting FCL containers. Spore: 7/9 June (loading direct for Reunion, Durban ond Capetown only) Lines U.S. WEST COAST SERVICE Dvtct trom SfO Ibck ASHLEY LYKES 9d SU LESUE LYKES 13/6 9/6 SPOK S»e lac 29/5 25/6 26/« 29/6 17/7 12/1 13/1 l«/«
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  • Page 20 Advertisements
    • 945 20 lit Vli K'line m c 13/7 «/7 25/7 EXPRESS CONTAINER SERVICES TO NORTH AMERICA etd Fina rasas* n sp motio vessels tk u si w Gtef let MN Salad 22/5 tapan Act 10/8 20/5 iZmGaUSnd,. 12/5 21/5 Mm tarur Man 10/t 5/7 Mlqli 25/5 25/5 K«tai n/S m> is/5 25/5
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    • 599 20 CAUFORMA/PACFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE tM*( tar IDS ANSEUS, SAN FHANCSCO. SEATTIE. TKCHft. VANCOUVER B C <U;cap<n| PCI/Fa CwUtau P >Nm| Smppori I AifMn Niwur I Me IB Am (Mr AUSTRALIA EXPRESS CONTAINER SERVICE AtiM*H fa/Fa Main P ««an( Sport M UH M talcapts MS" Nik) 25 Nay
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    • 691 20 O (il'OIII) SINGAPORE SHIPPING AGENCIES PTE LTD 20TM F LOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 I3LINESI GENERAL *****1 114 LINESI TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A B CARSHIP CABLE CARGOSHIP Sal Container Lines WEEKLY CONTAINER SERVICE to/lrom BANGKOK VOY 14S/ISM 14$ ,'ls* iss/iin m/m lts/171l lfS/17N
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    • 606 20 KORINS MARITIME SERVICES m LTD Room 601. ICB Building. Shenton Way Singapore Tet *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES X SAM ICk LIIMtS A member of nie Samicl Srvap el Comjanin UNER SERVICE FROM KOREA/TAIWAN/HONG KOMG TO SMGAPORE "wMig HJtong Spore SAM ICK IMlay 5 Mar
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    • 671 20 INTR ASEA (PTE) LTD Faber House 2WE Orchard Road Smgapor* 9 Telephone **********4057 WORLD STAR *****. NOftASU HOO2 KGULM MDEPEfOENT SERVICE TO EUROPE S port P. Kdar* Paaa* Lm*« skm tkm BOULOGNE/RDMI/W (•WW) t M )M RTMM/I* (AVON) A|«nh Seaport MTRASEA (PTE) LTD *****11 BOOM® *****57 R Limpw rf o
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  • Page 21 Advertisements
    • 709 21 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): S.S. BUDGE 31N+. C. ROZE 25W K. JACEWON 13* TW BUDGE 6W MERCATOR 23W. 0. CMEF 25W HK CONTAINER 26W. Also accepting cargo to/from Scandinavia S.S. BRIDGE S'pore Closing Times: FCL Cargo 1000 22/5 LCL Cargo 2200 21/5 FROM EUROPE (VIA SUEZ)
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    • 333 21 MALOIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALOIVE NEIGHBOUR In Port 22/5 Loading For Muscat/Dubai/ Abu Dhatx/Dammam MALOIVE PIOfCER 30/5 Loading for Jeddah MALOIVE NOVEL In Port Loading for Jeddah MALWVE UNITY Sailed Loading For Male MALOIVE IMPORTER 24/5 Loading For Male MALOIVE PEACE Sailed Por Loading For
      333 words
    • 248 21 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BULDMG 55. Martet Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGAPORE Telex Numbers RS ***** RS ***** RS 251 M P. KELANG M/S SHARK AT RAH SOON SON. M IST ANO 2NO FLOOR. NO 1, JALAft CtMPtNNG PORT
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  • Page 22 Advertisements
    • 311 22 A ANTOLL LINES Oiri»i t R Is to BRISBANE SYDNf MEIB (GHICNG) ADfIAIDf Independent FCL Container Conventional Liner Service SINGAPOdF t N SUPPING PTE LTD 1401 5 Rotxnj House Shenton S«ijspofe 0106 Tli RS ***** Tel *****11 Bkjs *****4 3 2210f23 *ftST MALAYSIA HSH (M) Sdn Bhd Kl Tel *****3
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    • 168 22 WOOD LINE Bulk Timber and Plywood Service lUimo.td fr ipr»"*s 'Arc ♦•ptiog H**. A*»-sf find I ««s! M im y lift up to IK lof rJ ri bMip» ing TRADING SON HHC '•B Lehof Port Kfiartq U*i irtBBS? JB<*o93 1888S8 1880 7f> TI *MA s^os Br<*ncf >1 04 J66i*2 ?nrt
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    • 266 22 ft JOHORE SHIPPING LM 161 IfllftN TfNGKU BfIOAR PORT KUANG Sf I ANGOR Mai AvSlfi SBINTULU CONTRACTORS SDN. BERHAD 37, PanAngan toad. KucMng. Sarawak. Tat ***** Ttki MA ***** Express Car-Carrier/*O-K0 Srrmct to East Malaysia NO. 1 *0/01 NO 1 *9/01 NO. 1 WO/11 NO. 1 Vtll/Sl Loadmi tor KK/SMMKM/TMMU
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    • 360 22 KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service Tokyo Rot* Spore Penang P KelangS pore Tokyo Kobe SU SU 23/5 24/5 26/5 21/5 7/6 8/6 21/5 31/5 10/6 12/6 13/$ 16/6 26/6 27/6 Vessel NORD MY VS POtOSTM W SM&APOK 1. MALAYSIA TAIW AN/H.KON6/S AS AH S'WAK BRUNEI Iwllii
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    • 108 22 NOTICE General Survey on damaged cargo discharged bowe vessel will be held on Monday 25th May I*l as from 900 am to 12.00 noon No further survey wtll be held after this date. WOBLA-WIDC PACIFIC MARITIME (PTC) LID WORLD LINE EXPRESS REGULAR SERVICES JAPAN/HONGKONG/STRAITS SPORE I IS In Part I
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  • Page 22 Miscellaneous
    • 169 22 Regional Weather «S7 i\\« £fa-l1 803 f?Ooi 9 v> w V ,v >> S IS v*'. 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 Wind direction with speed in knots ln Wave height
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