The Business Times, 27 May 1981

Microfilm: NL11156
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, MAY H,llBl 60 CENT 60 CENTS
    12 words
  • BRIEFLY...
    • Article
      Lock icon EMS has stabilising effect
      63 1 Reuter BONN, Tues. West Germany and France "want to do everthing they can to maintain the European Monetary System (EMS) in its present state," West German Chancellor Helmut Schmidt told the Bonn Parliament today. Mr Schmidt, who met newly-elected French President Francois Mitterrand on Sunday, said
      Reuter  -  63 words
    • Article
      Lock icon Interest rate plea
      63 1 AFP TOKYO, Tues. Japan will ask the United States at the Ottawa summit of seven Western industrial democracies in July to lower its high interest rates, Finance Minister Michio Watanabe said today. Mr Watanabe made the remark at an annual meeting of the National Society of Credit
      AFP  -  63 words
    • Article
      Lock icon Opec close to consensus
      87 1 AP GENEVA, Tues. The Opec oil cartel was close to an agreement calling for US$2 a barrel price increase by leading producer Saudi Arabia and a price freeze by all other members, two Opec oil ministers said today. "The Saudis are ready to go to $34,"
      AP  -  87 words
    • Article
      Lock icon Fewer unemployed
      93 1 Reuter BRUSSELS, Tues. Unemployment in the European Common Market dropped by 100,000 between March and April to 8.4 million although the underlying trend is still upwards, the EEC statistics bureau said today. The April total represented 7.4 per cent of the working population, against 7-5 per cent in
      Reuter  -  93 words
    • Article
      Lock icon Visitors to China
      79 1 Reuter BEIJING, Tues. More than two million foreign and overseas Chinese tourists visited China in the first quarter of this year, an increase of almost 50 per cent over 1980, the China Finance and Trade Journal said today. It said 2.006 million tourists came to China between
      Reuter  -  79 words
    • Article
      Lock icon Midway not welcomed
      59 1 UPI TOKYO, Tues. The Mayor of Yokosuka, homeport of the US Seventh Fleet, today called on the navy and the Japanese government to halt port calls by the US aircraft carrier Midway. Yokosuka Mayor Kazuo Yokoyama made the appeal in response to growing anxiety over port calls
      UPI  -  59 words
    • Article
      Lock icon Miss Intelligence
      50 1 UPI JAKARTA, Tues. Scorning bikinis and vital statistics, Indonesian women will compete on Saturday for the title of "Miss Intelligence." The government-sponsored competition is the first contest for women since Indonesia banned beauty pageants several years ago as inappropriate and degrading to women in a developing society. UPI.
      UPI  -  50 words
  • Chief Price Changes
    • Article
      SINGAPORE
      137 1 Rises Indices P M Hides G I Hldg* Tuck Cement Oriental Hldfa M Banking Perak Carbide SEAL Pan Electric C Sugar* Hong Leong Ind Falls 995 760 860 925 890 452 412 388 2060 1900 397 90 50 30 25 22 22 22 20 20 May 25 May 26
      137 words
    • Article, Illustration
      KUALA LUMPUR
      153 1 Rises Indices Central Sugars 2280 220 65 B.T. Index: May 25 May 26 Tasek Cement 910 *****0.85 *****1.48 Industrials: 1101.00 1085.32 Falls Finance: Hotels: 1887.96 515.73 1861.16 514.91 Isl* Pen 1190 -90 Properties: 1217.22 1161.10 George Kent (M) 650 -80 Tins: 489.71 484.94 S pore Land 1280 -80
      153 words
  • Article
    Wide fluctuations in term rates
    711 1  -  LACK OF MAS INTERVENTION By SIOW LI SEN THE local interbank money market is experiencing wide fluctuations in term rates hitherto a rare phenomenon. Within the past week, rates have jumped up by as much as 3 Vi percentage points. Dealers attribute these hefty jumps
    711 words
  • Article
    Growth of 9.6pc in first quarter
    601 1  -  By FOO CHOY PENG SINGAPORE went through a promising first quarter this year «Ith a real economic growth rate of 9.6 per cent. This is lower than the 11.2 per cent rise in the 1980 first quarter, but higher than the previous quarter's 8.8
    601 words
  • Article
    Listed companies warned
    228 1 THE stock exchanges of Singapore and Kuala Lumpur have warned listed companies to adhere strictly to the time period prescribed officially for share registration, splitting and allotment of new share certificates in respect of securities lodged for registration. "Failure to comply with the said requirements may subject
    228 words
  • Article
    More seeking NPB help to automate processes
    304 1 MORE eempaaies are approaching the Natleas I Producti\ 11 v Board (NPB) far help la animating their proeeases, bat the NPB'» Aatamattaa aad Techaalegy Services Halt Is finding It dlfflcalt ta eape with this demand. la the last flaaaclal year from April 1989
    304 words
  • Article
    Withdrawal of agency rights irks traders
    467 1  -  By RICHARD SEAH LOCAL trading companies are unhappy about the increasing number of Japanese companies which set up direct trading offices in Singapore after cancelling agency rights previously awarded to them. No official complaints have apparently been filed, but some company directors are known
    467 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      7 1 SINGAPORE FOR PEOPLE WHO MATTER See page
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      Page 1 Advertisements Column 2
      159 1 AS major financial and banking centre in tha world, Singapore needs to kaap pace with tha changing scenario as tha Eighties unfold. The Local and foreign expertise that laid the foundation in the past decade has proved inadequate. Different feces are showing along Shenton Way. Are the new brooms simply
      159 words
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      Page 1 Advertisements Column 3
      73 1 A STEP closer to oil price compromise 3 CALL to give writers tax Incentives 5 ZAIRE poses challenge to De 8eer5........................................ 7 SHIPPING TIMES NATIONAL Westminster sets np regional 0ffice...................... SURPRISE bid by dormant Johan H01ding5......................... n GETTING projects for bnmipntra contractors 12 TV AND RADIO I, CROSSWORDS I, WHERE
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      Page 1 Advertisements Column 4
      214 1 BALLY °f Switzaiand n Internationally recognised as trend-setters. FINANCIAL THRILLERS |A selection of money-spinning" bestsellers fc r r *r' r .V THE DAY THE BUBBLE BURST A social history of the Wall Street Crash. This is a superb, dramatic account of the human stories behind the greatest financial crash in
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  • REGIONAL
    • Article
      Lock icon ASEAN TIN PRODUCERS TO MEET ON NEXT ITA TALKS
      102 2 AFP ASEAN tin-producing countries Malaysia, Indonesia and Thailand will lake stock this week of their present position regarding the negotiations for the next International Tin Agreement (ITA). Malaysian Minister of Primary Industries, Datuk Leong Khee Seong, said arrangements were being finalised
      AFP  -  102 words
    • Article
      Lock icon Indonesia's energy income
      566 2 RISE IN OIL OUTPUT PREDICTED Reuter INDONESIAN Oil Minister Subroto yesterday dismissed pessimistic reports on the country's future income from energy resources and said that present high exploration promises a certain rise in oil and gas output for some years to come. Dr Subroto also forecast a
      Reuter  -  566 words
    • Article
      Banks to expand operations
      112 2 THREE Philippine commercial banks, two of which are the country's largest in terms of assets and net worth, are now seeking to expand their operations to < provide services which used to be offered only by investment houses. A senior Philippine central bank official said applications
      112 words
    • THE REGION IN BRIEF
      • Article
        Lock icon INTRA-ASEAN TRADE
        386 2 Agencies ASEAN economic ministers are expected to discuss new measures to give impetus to intra-Asean trade at a twoday meeting beginning in Jakarta this Friday. The director of the international trade division of the Malaysian Ministry of Trade and Industry, Mr Asmat Kamaludin, said the five member countries
        Agencies  -  386 words
    • Article
      Lock icon Union Oil may stop work m disputed area
      335 2 AP AFP THE Thai government is expected to ask a private Thai company to suspend its natural gas development in a disputed sea territory between the Gulf of Thailand and the South China Sea, claimed by both Thailand and Vietnam. A spokesman
      AP; AFP  -  335 words
    • Article
      Lock icon Three-nation coal project may be cancelled
      303 2 AP AN AMERICAN, Japanese and West German joint project in coal liquefaction appears doomed due to budget scrimping in Washington and Bonn. An official of the Mitsui Coal Liquefaction Co said Mitsui, Gulf Oil, and the West German Ruhr Kohle Co had agreed that
      AP  -  303 words
    • Article
      Lock icon Kampuchea holds its first party congress?
      227 2 Reuter KAMPUCHEA'S ruling party yesterday welcomed delegates from Soviet-bloe countries to the opening of the first party congress held in Kampuchea since the country came under Vietnamese occupation in January 1979. At the opening ceremony in Phnom Penh, Kampuchean vice-president Chea Sim said that
      Reuter  -  227 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      275 2 I I A 3-Day Informative® Seminar Exhibition Discover How Computers Can Meet The Challenges Of The Eighties SOLUTIONS FOR PROBLEM SOLVERS Whether you're the General Manager of a small company or the Financial Manager of a corporation.. .in R&D or EDP.. .or manufacturing or even just starting your own business...
      275 words
    • Advertisement
      Page 2 Advertisements Column 2
      38 2 Tha daily Aircraft Schadula has baan held ovar. Flight information by talaphona can ba obtained from tha airport (*****8) or from tha raapactiva airtinaa: SMt *****47/*****48, Garuda *****7, MAS *****2, C*A *****7, Qantaa *****01, BA *****01, KLM *****1.
      38 words
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  • OVERSEAS
    • Article
      Lock icon FRANCE WILL HONOUR ARMS DEALS
      227 3 AP THE NEW French socialist government will honour all of France's contracts, including sales of arms to South Africa and highly enriched uranium to Iraq. The Washington Post reported French Finance Minister Jacques Delors as saying that the government of Francois Mitterrand believes honouring the
      AP  -  227 words
    • Article
      A step closer to compromise on oil prices
      565 3 A COMPROMISE on oil prices and production appeared possible yesterday as the current meeting of oil ministers from the Organisation of Petroleum Exporting Countries moved into its second day. Saudi Arabia has hinted that it is ready to raise its crude oil
      565 words
    • Article
      Lock icon Thatcher slated by her own party
      192 3 AP INFLUENTIAL member* of Britain's rallag Conservative Party yesterday laaaeked aa aati-govera-meat broadside, charging fallare to make deep cats in public spending and demaadlag the sacking of Sir Keith Jaaeph, Secretary far ladaatry. TV attack eame tram tke Bow group tkink-tank which aambers eight
      AP  -  192 words
    • Article
      Council hits out at insults against Russian soldiers
      194 3 POLAND'S Council of Ministers has decried what it called a deterioration in public order marked by "insults" against Soviet soldiers in Poland. Initially the statement on Monday issued by the official news agency Pap spoke of "isolated cases of assaults against Soviet
      194 words
    • Article
      Vow to drive British from Ulster
      164 3 IN a graveside promise to hunger striker Patrick O'Hara, the outlawed Irish National Liberation Army vowed on Monday to step up its campaign to drive the British out of Northern Ireland. O'hara, 24, was an INLA member and the fourth hunger striker to die
      164 words
    • WORLD IN BRIEF
      • Article
        Lock icon BRUNO'S LIFE THREATENED
        382 3 Agencies A PALESTINIAN revolutionary committee has threatened to assassinate Austrian Chancellor Bruno Kreisky if he keeps trying to mediate between Israel and the Palestine Liberation Organisation (PLO). The Austrian weekly Profil also reported that the group threatened to kill PLO head Yasser Arafat, whom they suspect is
        Agencies  -  382 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      195 3 I IVi'iVVV Y™'*'■ lA*.-MA''^^'l ptx SsStjEg W ;M 7/' n tr X |H Ift IB ii C 3 in i w v a r !K(U A wrc Dm r ■< M s (Si Wall/Floor, Extruded ceramic klinker tiles, proven and tested with German Test DIN ***** pavement, swimming pool and
      195 words
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      Page 3 Advertisements Column 2
      116 3 I i r ■S; i 1 il mm. s#» m 1 1 K-ia MS* S JV' BS Miil you may even take your wife to, yet it exhibits into the excitement thy|9|Wl|6jaste and character that would The Citation s your mother. t >*?•" V. W „r 1 -A3.' A WAY
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  • RAW MATERIALS
    • Article
      Lock icon Firm prices for palm oil expected
      334 4 Reuter REDUCED Malaysian production and stocks is expected to keep crude palm oil prices at steady to firm levels in the short term, brokers say. According to the Malaysian licences authority, Porla, Malaysia's crude palm oil output for January-April this year totalled about 758,000
      Reuter  -  334 words
    • Article
      Shipments of Straits refined tin from Penang for the month of May (1st half) 1981
      64 4 DESTINATION Shipped Afloat Shipped tonnes tonnes tonnes Africa 3.00 Australasia 5.00 Canada 5.00 Continent 841.00 180.00 India 250.00 Japan 1,274.00 191.00 West Asia 24.00 Pacific 182.00 60.00 Singapore 21.25 9.00 S. America United Kingdom United
      64 words
    • Article
      Straits Tin
      79 4 THE STRAITS tin price in Penang yesterday rose three cents to M52i.32 a Idio, still in the ITA's lower range of $27.28 to $31.91, dealers said. They noted continued evidence of buffer stock manager baying, bat support was reduced to an estimated 41 tonnes. Increased Japanese and local
      79 words
    • Article
      CLOSING PRICES
      34 4 Rubber: May 26 Singapore: June: 252.50 cents (down 1.50 cents) Malaysia: June: 274.00 cents (down 0.50 cent) Tin: M 529.32 per kilo (up 3 cents) Official offering: 189 tonnes (down 29 tonnes)
      34 words
    • Article
      Lock icon ALUMINIUM STRIKERS TO RETURN TO WORK
      103 4 Reuter STRIKERS at Comalco Ltd's aluminium deposits in Weipa will return to work today after a five week stoppage, a company spokesman said. The partial strike over wages has affected washing, stockpiling and ship loading, and forced Comalco to declare force majeure since mid-April
      Reuter  -  103 words
    • Article
      Lock icon JAPANESE RED BEANS
      38 4 Reuter JAPANESE red bean imports rose in April to 1,322 tonnes from 1,208 in March, bringing the cumulative January to April total to 13,822 tonnes against 6,635 a year earlier, custom cleared trade statistics show.
      Reuter  -  38 words
    • Article
      RUBBER
      306 4 RUBBER prices in Singapore on Tuesday closed slightly easier with June One RSS buyers quoted at 252.50 cents per kilo, down 1.50 cents from Monday's close, dealers said. Morning prices were marked down slightly on speculative selling and lack of buying support, they said. Afternoon prices were quiet and
      306 words
    • Article
      RAS PRICES
      357 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt fob 253 50 254 50N Int 1 R.S.S June 253 00 253 50 Int. 1 R.S.S. July 256 50 257.50 Int. 2 R.S.S. 229.50 230 SON UK Cont 228 50 229 50N
      357 words
    • Article
      SSR and SMR
      111 4 NOON SSR and SMR pncm yaaterdmy RAS J»»« J«lj llarml KUI <rorwin iui Bayera Sflltra Buyer* Sellers SSR 20 (1-ton pallet) ***** 225 00N 225.00 227 00N SSR SO (l ion pallet) ***** *****N 222 00 224 00N MRELB SMROV (1-ton pallet! ***** SIMOON 303.00 306.00N SMRL
      111 words
    • Article
      Lock icon Producers of jute turn down proposals of UN
      271 4 Reuter JUTE-producing countries has turned down compromise proposals on the final day of a United Nations meeting to set up an international agreement aimed at promoting the natural fibre. India told a contact group called by conference chairman Felipe Jaramillo of Colombia
      Reuter  -  271 words
    • Article
      Produce exchange
      181 4 CHINESE Pradaee Exchange, Singapore, naan closing prices per 1M kg yesterday. Ckhil 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) $67.00 buyers. Pepper: Muntok white pepper fob Asia NLW $415.00 sellers, Sarawak white pepper
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    • Article
      RICE
      335 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 100 per cent third class 1.05, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80. Special
      335 words
    • Article
      TEXTILES
      194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) CMn yam: China Blue Phoenix 20b 2,280 32s 2,770, 40s 3,035 (per bale of 400 lbs). Piece gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      194 words
    • Article
      LONDON MARKETS
      707 4 COFFEE: Robusta futures yesterday ended a quiet featureless morning mostly £3 a tonne down but £4 higher in July after trading in a very narrow range, dealers said. They said the market continues nervous in the absence of fundamental news following last week's sharp price decline. The physical
      707 words
    • Article
      Lock icon Good harvest of winter rapeseed
      101 4 Reuter CHINA reported good harvests of winter rapeseed in several areas, the New China News Agency said. Szechuan's output is expected to rise 20 per cent over last year to 700,000 tonnes, Hunan's by 70 per cent to 250,000 tonnes and Anhui's by 65 per
      Reuter  -  101 words
    • Article
      PALM OIL
      144 4 THE Kuala Lumpur crude palm oil market yesterday continued firmer on covering in nearby 1 positions in quiet trading, dealers said. For May and June, central was traded at Mi 1,025 and $1,010 a kilo, while for June, south gained $7.50 to $1,010. The refined market featured covering
      144 words
  • ASIAN STOCKS
    • Article
      Shares close higher
      457 4 TOKYO SHARE prices yesterday closed slightly higher, led by cars, although large capitals fell on profit-taking, dealers said. The market average gained 15.41 to 7,576.18 in thin trading with volume 380 million shares. The Tokyo stock exchange index added 2.38 to 561.65, dealers said. Trading was slow
      457 words
    • Article
      Hongkong
      281 4 THE index yesterday broke through to a new high yesterday for the year as stocks broke out of the recent doldrums. Morning trade was dull, but was able to maintain the opening levels. Hang Seng Index: 1633 35 (-t-44.45 Turnover HKJSO2 75 million Saarre: SHK See. MAT a HKS
      281 words
    • Article
      Sydney
      366 4 CANNING Basin oil stocks had the oil boom to themselves yesterday as overseas buying evaporated because of holidays in London and New York, brokers said. WMC, due to begin a Canning Basin oil exploration programme next week, led large miners with a gain of 18 cents to $5.60. However,
      366 words
    • Article
      Bangkok
      245 4 STOCK prices yesterday closed generally steady in quiet trading, dealers said. Siam Credit, Siam Cement and Charoong Thai closed unchanged at 73, 230 and 183 baht respectively, while Industrial Finance and Saha Union rose one each to 109 and 170 baht. MAY a Bahts Asia Credit Asia ribr* Ayutliaya
      245 words
    • Article
      Manila
      144 4 THE stock market yesterday was mixed as comm/ inds and oils recovered but mining remained easier. Turnover slightly rose to 1.5 million from 1.2 million pesos, dealers said. Philex B and PLOT were among gainers as Baguio Gold, Basic Petroleum, Podco B and Vulcan closed weak while the rest
      144 words
    • Article
      Selected indices
      57 4 FINANCIAL TIMES INDUSTRIALS Monday closed Friday 543 Week Ago 562.1 DOW JONES AVERAGE INDUSTRIALS Monday closed j Friday 971.72; Week Ago 985 77, j H.K.HANG SENG Tuesday 1633 35 Monday 1588 90 Week Ago 1554.37 AUSTRALIAN INDUSTRIALS Tuesday 747.7 Monday 744.7 Week Ago 743 9 ALL ORDINARIES Tuesday
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      31 4 r Asia's #1 News Magazine. v v > JBr- vkwhwwkk s'- x A I 1 in circulation 1 in ad revenue #1 in coverage of executives TIME The worldwide media system 2783
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  • TRADE AND INDUSTRY
    • Article
      Shipping accord signed with South Korea
      302 5 SINGAPORE and South Korea yesterday signed a shipping agreement to promote trade between the two countries. Mr Goh Chok Tong, Minister for Trade and Industry, who led a seven-member delegation to Seoul on a four-day official visit, signed on Singapore's behalf. The South Korean
      302 words
    • Article
      Engineering technology
      196 5 APPLIED Research Corporation and the Chinese Institute of Engineers, USA are conducting a modern engineering technology seminar from July 27 to 29. The seminar, sponsored by the Economic Development Board, will acquaint local technologists and industrialists with advancement in computer science, computer-based automation, materials science and micro-electronics. Speakers
      196 words
    • Article
      All about paints
      128 5 BERGER Paints Singapore has organised a series of practical workshops designed to widen the scope of paint and service technicians and to improve their practical knowledge of paint and its uses. The training programme is led by Mr Chow Keen Seng, technical service executive, Mr Peng Swee
      128 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      183 5 IRVING Trust has appointed Mr Artare D Lagaaa general manager of the bank's Singapore branch. He replaces Mr James W Scanlan, who returns to the bank's New York head office. Mr Laguna, who joined Irving Trust in 1975 after three years as a Latin American specialist with
      183 words
    • Article
      Exhibition of home leisure products
      245 5 AUSTRALlANmanufacturer Namco Industries is holding a three-day display of home leisure products at the Australian High Commission in Napier Road beginning today. "From the hundreds of Namco products, we have selected mainly household items of special interest to Singaporeans for the display," said Mr Alex
      245 words
    • Article
      Tax incentive and the writer
      273 5  -  By JUNE LIM THE government should encourage local writers by providing them with some form of tax incentives. The proposal was made by Mr Seow Kui Lim, managing director of Pan Pacific Book Distributors (S) when he presented a paper at a seminar here yesterday.
      273 words
    • Article
      The Singapore example
      199 5 DEVELOPING countries can learn from Singapore in finding the means to finance the purchase of costly energy. Currently, developing countries have to borrow from Opec countries to help meet their energy requirements, said Mr Peter Vincent, president of the Sembawang Shipyard Employees' Union. He was speaking yesterday
      199 words
    • Article
      MEMO PAD
      393 5 SEMINARS AND COURBES May 25-July 1: Quality Assurance Engineering and Management, Ming Court hotel, Sisir May 25-27: Challenges Facing Book Publishers in the *****, RELC, Macmillan South-east Asia May 25-27: Modem Techniques A Strategies for Management Problem Solving, SIM Conference Room, Singapore Institute of Management May 25-July 1:
      393 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      166 5 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 Ltd td*****44 TACO BELL IS COMING TO SINGAPORE 11 of largest Mexican fast food restaurant chain in the United States is looking for prospective
      166 words
    • Advertisement
      Page 5 Advertisements Column 2
      188 5 Leader.,, page C ck-in FORTHE BEST NEWS IN TRAVEL z 14 .if Introducing two new measures to benefit busiiiessmenflyiiig to London and Australia Now you can measure your length at no extra cost on the new Sleeperseats you'll find in our Crown first class. And to keep you amused or
      188 words
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  • Article
    Truly free may not be the best
    433 6 THE ADVANTAGES of allowing free market forces to prevail in the banking sector have been frequently aired. It represents a triumph for proponents of the free market that we have seen a progressive liberalisation of controls over the banking sector. There is little
    433 words
  • Article
    A taxing task for publishers
    356 6 IT IS A MITE surprising that a publisher should be asking for tax incentives not for himself but for writers. No doubt Mr Seow makes this request in the same spirit of selflessness that has led him, along with other local publishers, to shoulder the
    356 words
  • Article, Illustration
    Lock icon RESEARCH SPENDING
    1378 6  -  Du Pont the undisputed leader in R and D Du Pont, whose chemicals are found in such products as oil rigs and diesel motor yachts, is putting its money where its mouth is, reports SUE CAMERON. SUE CAMERON FT ED JEFFERSON, the British-born chemist who has just taken
    FT  -  1,378 words
  • Article
    Lock icon Golden age of US drug industry
    1287 6  -  The 1980s will prove to be a golden age of drug research with more interesting new drugs expected to be introduced. THOMAS HAYES discusses various optimistic views on the US pharmaceutical business. THOMAS HAYES NYT THE WARNER-LAMBERT Co, a major US pharmaceutical concern, earned
    NYT  -  1,287 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      652 6 CRYPTIC PUZZLE ACROSS 3 Ropy tobacco? (5) 8 Fine and large, perhaps (5) 10 As drunk by police and royalty (5) 11 Something clinging (3) 12 Add a name to the tally (5) 13 Of dollars for a film? (7) 15 Uncle again gets a sum wrong (5) 18 Neither
      652 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      829 6 THOSE sf yn whs have m interest In the grswth d the sill ceo chip ar micrs-cam-pater sbeaid wateh Tie StUm FucUr"Ba What's It All Ahaat?" (channel 5, 11.11). The silicas chip la examined, its warklags are discussed aad the pregramme leeks late hew It is made aad alas at
      829 words
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  • Article, Illustration
    Lock icon Zaire poses challenge to De Beers
    774 7  -  Sozacom, Zaire's minerals trading organisation, seeks to break away from the influence of De Beers' Central Selling Organisation (CSO). Is De Beers prepared to share the market with newcomers? Can De Beers persuade Zaire to remain with the CSO? STEPHEN NISNET poses these and
    Reuter  -  774 words
  • Article
    Lock icon Failing on four counts
    773 7  -  I FORUM i with WILUAM SAFIRE NYT MANY CONSERVATIVES voted for Ronald Reagan to cut out the sleazy conflicts of interest of the Carter days, to guard against the power abuses of the 60s and early 70s, to give investors confidence that corporate bribery was not
    NYT  -  773 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      143 7 *If more people started asking advice from their chauffeur,Volvo would have a longer waiting list/ 4 -iSLr 18, JBhIP "y 264GLE n? AJ* m He's the one who j||^spends most of his life driving. Gives him insider's viewpoint, why so Volvo. The safety features are really safe. And as for
      143 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        156 8 MAT ARM la ran A ho id MO -as Kkm AMKV Amfai mo +u MJO >1 MJOxd -5 Amrofenk 5f SI. 10 -u 41.00 unch 4190 -05 BorvumU M.40 IJ MJO unch 36J0 unch JOB +0J 210J0 -is Ml MM 1SJ0 -11 141.10 -OJ rofckar 56.10 -0J iuM| unfit
        156 words
      • Article
        Paris
        242 8 MAT V r™ COKBBILLE Air-Liquid* B 8 N Cterala DUOM C 8 F (ThomaonCl* Prancala* OM Prtroiat «7 MB ao 143 +o +n >a Compagnl* rinanctar* Compagnl* Oanwvl* Credit Foncler D* Franc* 288 ti 44 Hachatt* (Llbralrt*) Wirhlnn litrh*Hn (B) 3W 10J 44 130 41 ■fa Pari baa P*chln*7
        242 words
      • Article
        Brussels
        92 8 MAT rr» FORWARD MARKET Actc ]00 -10 ArtMd 1303 4-4 \jtur 367 -11 Bnmn 1064 4-4 Bru-Lamb iua nnrh 1430 ITS 41 Dt Been aa 2 EDM ISO 22 KWctrobcl jeot 30 Ob-Inno- Bm isso -S OCT not -IS Hobok 2210 -40 Ptiro 4114 -40 Ryl Dutch 1MB -13
        92 words
      • Article
        Frankfurt
        102 8 MAT S Dm Aaf-Telefunken 90-00 -01 Akao mi* uneh n]T rT aj 472.00 -4 BASF iaooBi Bay Vbanft JB7 00 1 1JSOOB 2M00 -5 17S» 4-1.4 175.00 -J 137.60 -0» ConU Oumml Daimler-Bans •1JP MJ0 ***** -LI mn D4 Tnaeo S7.T0 46i7 Dyckfftooff 8T A Ctolstcibtrf HUB ucich HIPM-Uoyd
        102 words
      • Article
        Zurich
        133 8 mat a r Actions Sulaaaa Aiuauiaaa Br. Tsnea m unch m -jo Aiuauiaaa Rac Brown Do»«n Br. Cite Ooftgj Br. ate O«to P C Cite (MB Credit Bute* Br Credit Sulaaa Rm m -t L110 unch m is m m -a 21® -M M 4 L_ lira raw Br
        133 words
      • Article
        Milan
        94 8 MAT L f* Aaaoc 0*n Baatoal Can trill nu rinskter Oan Immob in Prt In no *****0 -an m 34 0000 -790 Ma +M M -MS asc aoc MM UleamanU MHO -logo tai«ai I1H -XI iU«Da«l M Pf imlll BIT ion iusi -JI t Mad lot) www.. Hoodidorl m
        94 words
    • Article
      TORONTO
      91 8 MAT CI Ahltihd ♦A AICM r M *>rnn» r *4 Bank Mont Bank Han Scotia Ball Tal a a u 44 unci) H M 4H U unch Ik *«t Bctti Oon BP Can Ud SO 44* H ST -H •H pWTT^n^SSi I* H h -\k uneta v» -1 r
      91 words
    • Article
      JOHANNESBURG
      222 8 MAT 1 land INDUSTRIALS A Alpha 433 -1 A hereon 400 uncb AS And AWC CI Mb mo unch uncb awtow* af" JOT# ION M Zl» •i 1 uncb -ft Cum# Financa Dt Bon Ind Kdcon <31 uncb tdfwa tWMdt fwJ VoU ma sat 1 •4 r»mt Otrdlan OlenanJ
      222 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      576 8 ^[+&_(|:_\|`=<`}-^=%\;/-+&$]_`* "The American Express Card serves you well, wherever good food is served". Local and Western self-service lunches Open daily f 10.30 a.m. to 3.00 p.m. II Restaurant Lounge 10.30 a.m. to 10.00 p.m. DOLPHIN CAFETERIA Ist. Floor, World Trade Centre, Tel: *****11/2 OQQQO Inn Of Happiness Dine Dine Cantonese
      576 words
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      Page 8 Advertisements Column 2
      272 8 f AA if Thts is Thai Seafocxl at its authentic best So trash, it could have bean alive 15 minutes before coming to your table It was. An enormous variety ot succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant MQijwrsio Oxley Rtse/Penang Road. Singapore 0923.
      272 words
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  • BANKING AND FINANCE
    • Article
      Lock icon LOANS FOR THAI PROJECTS
      92 9 Reuter THE WORLD Bank has offered US$3.6 billion in loans to Thailand to finance 43 development projects. These will be implemented during the five-year development plan starting in October. The Thai government is studying the offer with emphasis on the priority of the projects. Of the
      Reuter  -  92 words
    • Article
      Lock icon Slower growth for Euromarket
      180 9 Reuter LONDON'S growth as a Euromarket centre could slow in the early 1980s, due to its specialisation in nonEuropean business. In the '70s the city's attraction for Opec, Japanese, American and offshore business led to rapid growth but European-based business, in which Luxembourg and Paris have
      Reuter  -  180 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        516 9 THE US dollar generally strengthened against most major currencies in the foreign exchange market yesterday. From an opening of 222.50 00, the US dollar traded to as high as 224.25/ 00 against the yen. But it dropped to the opening position in the afternoon before picking up to
        516 words
      • Article
        TOKYO
        140 9 THE dollar for overnight delivery yesterday closed firmer at 223.85 yen, compared with 222.50 both at the opening and Monday's close here, dealers said. Trading was moderately active, with volume US$l.l3 billion. The dollar firmed initially to a nine-month high 224.25 yen, reflecting high import settlement needs here fol-
        140 words
      • Article
        London
        37 9 Opening quotes yesterday US 2.0680/90 Can 2.4787 4828 Cross —1.2012 15 DMk- 4.8140 95 D F1 5.3525/95 S Fr 4.2985 3045 B Fr (con) 78.39 53 F Fr 11.5500 5660 Lit 2386.25 2392.10 Yen 462.20 463.45
        37 words
      • Article
        PLR
        22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.52 per cent.
        22 words
      • Article
        ASIAN $
        185 9 ASIAN ASIAN currency deposit interbank rates as at close on May 26. US Dollara(Spot) Offer Bid 7 days 19'. 19 1 month 19 3/16 19 1/16 2 months 19 19 3 months 19 J 6 months 181/16 17 15/16 9 months 17*. 17' < 12 months 17'. 17'• Sw.Frs. Dm.
        185 words
      • Article
        Discount
        5 9 Source: National Discount Co
        5 words
      • Article
        HONGKONG
        172 9 THE US dollar yesuterday eased against the yen, but firmed further against other major currencies in quiet late trading, dealers said. Trading was quiet throughout the day in the absence of fresh indications from London and New York markets. The dollar eased slightly against the yen at a late
        172 words
      • Article
        GOLD
        196 9 SINGAPORE gold futures yesterday closed generally easier on some local selling influenced by weaker overseas gold markets. Trading was light with total sales for the day reported at 111 lots while kerb volume at four lots. Prompt closed softer at US$4O7 472 an ounce against 472/474 on Monday, June
        196 words
      • Article
        Silver quotes
        41 9 New York 10 52B 10.70B 10.72S 10 90S Zurich 10 40B 10.65B 10 60S 10 85S Tat* MM Singapore 10 40B 10 SOB 10 60S 10 70S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
        41 words
    • Article
      Sanwa to offer US$20m FRCD
      202 9 THE SANWA bulk is «tiering US$29 million floating rate certificate of deposit through its Slagapore branch. Although Sanwa is tapping the Asian FRCD market for the ninth time, the curreat Issue actually represents a roll-over from the first Sanwa FRCD Issue due on June 8,1981.
      202 words
    • Article, Illustration
      NatWest opens regional office
      446 9  -  By LEE YOKE MENG THE UK-BASED National Westminster Bank (NatWest) has set up its Far East and Australasia regional office here. The executive office, headed by Mr John Coombs, will take over its London head office control over the area spanning from China in the north
      446 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      15 9 Available at: G 3. Leisure Drome KaHang Tel *****04/*****51 246/247, Capitol Shopping Centre Tel *****22
      15 words
    • Advertisement
      Page 9 Advertisements Column 2
      455 9 An unique property investment opportunity! Ss39 million Package Sale of 49 Shop Units at -7 a f- m I WW SsS 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
      455 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1850 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 COMMERCIAL Acma (3.848) (8)
    1,850 words
  • Article
    Unit trusts
    191 10 SINGAPORE UNIT TBU8T (MiHin' prices tar Ma; TI) The Commerce 3 78 3 97xd The Savings Fund 2.13 2 28 S pore Prog Fund 164 1.72 S'pore See. Fund 2.52 2.0 S pore Invest Fund 2.43 256 S'pore Equity Fund I S* 164 DIAMOND MOT STOUE (Managers' prices
    191 words
  • Article
    SHARE INFORMATION SERVICE
    2745 10 1961 Hi(k Low Coapaay Last Sale 4-OP-Gr*« Div Div C*TT Grt YTd Net P/E Vol (*000) Day High Low 8ECTION ONE INDUSTRIAL A COMMERCIAL 424 334 312 420 200 470 950 6651 430 320 130 161 330 110 360 650 322 360 Aetna Alcorn Allied Choc BAT
    2,745 words
  • Article
    In Kuala Lumpur
    2020 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. INDU&ntIALS AIM (3 80S) (2) 4 00 (1) 3 70 (I) 3»
    2,020 words
  • Article
    COMPANY MEETING
    34 10 INCH Keaaetli Kajug Rubber limited: AGM to be held at the Company's Head Office, 5th Floor, Straits Trading Building, 4 Leboh Pasar Besar, Kuala Lum5, Malaysia on May 28 at 1 pm.
    34 words
  • Article, Illustration
    Trading at SES stays erratic
    702 10 CAUTION still rated at the stock eiekuge yesterday tat the quirt meed la the meralag gave way to mere active twe-way tratfig daring the rest ef the day. The market epaaei easier with seme aaeertalaty carried ever frem the prevleas day's setter aadertoae. Hewever, lavestors'
    702 words
  • Article
    Kuala Lumpur closes easier
    616 10 SENTIMENT was considerably dampened as sellers continued to dominate in sluggish trading at the Kuala Lumpur stock exchange yesterday. An across-the-board fall in share prices was recorded and gains were difficult to find. Opening levels were dealt easier and prices continued to weaken on more selling
    616 words
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  • COMPANY NEWS
    • Article
      Johan surprise
      631 11  -  By THE CITY STAFF IN A SURPRISE move, hitherto dormant Johan Holdings is making a strong bid to revitalise itself with the acquisition of a major stake in scientific and industrial equipment manufacturer George Kent (Malaysia). In an announcement on Monday, Johan said it has finalised the purchase
      631 words
    • Article
      EARNINGS BOOST FOR DAH YUNG
      264 11 A SIGNIFICANT improvement in profit margins has boosted Dah Yung Steel Company (Singapore) Ltd's group earnings to a comfortable $1.44 million for the full year to December 1980. The 24 per cent rise from the previous year's $1.16 million was achieved on the back of
      264 words
    • Article
      Tat Lee issues
      237 11 TAT Lee Bank Ltd, which owns about 56 per cent of the issued share capital in Pan Malayan Holdings Ltd, has undertaken to subscribe or cause to be subscribed, its entire rights issue entitlement of 2.09 million shares. PMH said in a circular to shareholders that the
      237 words
    • Article
      Setback at Tronoh despite higher tin prices
      349 11 DESPITE slightly better On prices, pre-tax profits tf Tronoh Mines (Malaysia) fell 31 per cent to M 531.25 million la the last financial year ended Dec $1, lMt. The setback was lie largely to a sharp redaction in oatpat which caaaed the mining
      349 words
    • LATEST RESULTS
      • Article
        KUALA Lumpur Kepong
        104 11 has reported a 5.4 per cent decline in group pre-tax profits to M 528.737 million from 530.380 million for the half-year ended March 31, 1981. Group turnover rose by 3.6 per cent to $82,432 million ($79.53 million). The decline in profits was largely due to the substantial
        104 words
      • Article
        CHEMICAL Company of Malaysia
        72 11 has registered a 16 per cent increase in pre-tax profits (after depreciation) to M 510.8 million (from 59.3 million) for the six months ended March 31, 1981. Due to higher energy and raw materials costs, the company has forecast that its pretax profits for the full
        72 words
      • Article
        SOUTH Malaysian Indus- tries Bhd
        67 11 has reported after- tax profit of M 5950.000 (5528,000) on turnover of 520.76 million (515.51 million). The company is proposing a final dividend of 7 per cent gross (3.5 per cent tax-exempt) payable on July 20 to shareholders registered on June 25, making a total
        67 words
      • Article
        LIEN Industries Bhd
        74 11 has reported group attributable profit for the year of M 5151 million (5992.000) on turnover of 522.72 million (523.71 million). Profit at company level was 51-42 million (5999.000) on turnover of 530 09 million (521.38 million). The company is proposing a final dividend of 12 per cent
        74 words
      • Article
        MALAYSIAN Feedmills Ltd
        53 11 has reported audited group net 1980 profit of 51.40 million (SI 70 million). The parent company had a net profit of Sl.Ol million (51.24 million). The company is proposing a first and final dividend of 10 per cent gross (same), payable on July 15 to shareholders registered
        53 words
    • Article
      Fusan taken to task
      502 11 THE KUALA Lumpur Stock Exchange committee has taken to task the board of directors of Fusan Fishing Net Manufacturing Bhd regarding disclosure of information on the company's recent acquisition of two property-based companies. In a stiffly-worded letter to the board, the KLSE wrote: "The Committee would
      502 words
    • Article
      COMPANY BRIEFS
      131 11 THE MALAYSIAN Capital Issues Committee has approved Selaagw Properties' three-for-two bonus issue. THE MALAYSIAN Capital Issues Committee has approved AastraJ Enterprises Bhd's one-for-two bonus issue. The share transfer books and register of members will be closed from June 13 to June 20 to determine shareholders' entitlement. MURATA Manatee
      131 words
    • Article
      DIVIDENDS ANNOUNCED
      1048 11 torrent Ex Baak* Date Tatal far Tatal far Payment Date (laae PayaMe the year Prevtaas year A P 1 y»TE Jun 10 Jun 22 Jul 13 y.TE 4 loam 5% NYA NYA NYA 1 Vi 12% AmbMsador 7' ;'/i(b) May 27 Jun 3 Jun 29 7' s* 7'2*
      1,048 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      858 11 NOTICE UNITED BERHAD Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 60th Ordinary Annual General Meeting of the Company will be held at the Company's Registered Office at lendarata Estate, Teluk Anson, Malaysia on the 15th day of lune, 1981 at 10.30 in the morning for the
      858 words
    • Advertisement
      Page 11 Advertisements Column 2
      44 11 t: MEGA CHEMICALS BERHAD formally announces that its name has been changed to SUPREME PLANTATION INDUSTRIES BERHAD and that its chemical manufacturing operations have been transferred to its wholly-owned subsidiary SUPREME CHEMICALS SENDIRIAN BERHAD 19th Floor. Wisma Supreme. Jalan Punchak. Kuala Lumpur. Telephone: 03-*****2
      44 words
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  • Article
    Lock icon Gulf alliance to coordinate state policies
    358 12 UPI SAUDI Arabia and five other states in the oil-rich Gulf region have decided to "coordinate and integrate" their overall state policies in a regional alliance called the Gulf Cooperation Council. The birth of the new group, which is mainly political and economic in
    UPI  -  358 words
  • Article
    Malaysian Feedmills' results better than expected
    415 12 MALAYSIAN Feedmills hat pat ap a better thaa expected performance for the year eaded Dec SI, IIM, with aa 11.4 per cent growth la groap operatlag profits hefare tax to $3.7 milltoa. This compares favoarably with the previous year's pradt growth of ealy 8
    415 words
  • Article
    Getting projects for bumiputra contractors
    345 12 PERN AS, through its subsidiary Pernas Construction, is embarking on a two-pronged strategy to assist bumiputra contractors secure projects worth millions of dollars throughout Malaysia. Its chairman, Tunku Datuk Shahriman bin Tunku Sulaiman said in Kuala Lumpur yesterday that under the first strategy, Pernas Construction
    345 words
  • Article
    Lock icon Caution pervades Philippine capital market
    299 12 AFP THE SERIES of financial failures that befell several companies in Manila earlier this year will make it practically impossible to expect new capital formation. The English-language Manila Bulletin yesterday said capital formation would be a bigger victim of the financial debacles since no new
    AFP  -  299 words
  • Article
    LONDON STOCKS
    839 12 LONDON, Tues. The stock market closed firmer on balance after a quiet session today, dealers said. At 3pm, the Financial Times index was up 1.1 points at 544.5, after opening at 542.3. Equities picked up on small interest after an uncertain start but thin conditions exaggerated gains that
    839 words
  • Article
    Lock icon Dow Jones advances
    104 12 AP NEW YORK, Tues. Stock prices advanced this morning, halting last week's string of losses. The Dow Jones average of 30 industrial stocks, which fell more than 14 points last week amid investor concerns about rising interest rates, climbed 1.30 points to 973.02 in the first half
    AP  -  104 words
  • Article
    Lock icon MASONIC LODGE SCANDAL ROCKS ITALY
    140 12 Reuter ITALY'S Christian Democratic Prime Minister Arnaldo Forlani's fourparty coalition government resigned yesterday in a scandal over alleged espionage by a secret Masonic Lodge. Mr Forlani handed in his resignation to President Sandro Pertini, 84, who asked him to stay on as caretaker Prime Minister
    Reuter  -  140 words
  • Article, Illustration
    PLANS FOR THREE URA PARCELS
    262 12 THE Urban Redevelopment Authority has released pictures of another three successful designs in its recent ninth sale of sites. PARCEL 8 (top): This 22,557 sq metre parcel, bounded by Beach Road and Nicoll Highway, was awarded to Singapore Land. The project is designed by US
    262 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      356 12 BARGAINS GO BEGGING AS NEW YORK SUCCUMBS TO INTEREST RATE SCARE Rare opportunities for profit exist before U.S. equities resume their ascent It's In the nature of most Investors that the urge to sell comes when stocks are getting ready to emerge from a storm of liquidation. When prices rise,
      356 words
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      Page 12 Advertisements Column 2
      233 12 National Productivity Board Dale: 8 June 31 August, 1981 Fee: $1,500 per participant* This 100-hour course is aimed at training managers, engineers and technical personnel to identify industrial situations of excessive energy consumption and to effectively implement conservation measures. It is similar to a course for energy controllers in Japan.
      233 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      68 12 7 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally cloudy with showers in several areas in the morning. Report tar 24 hoars prior to 7J• pm on May 26 at the airport. Maximum temperature 28.8 Associated humidity 86 Minimum temperature 24.5 Associated humidity 94 Hours of sunshine
      68 words
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  • SHIPPING TIMES
    • Article
      Call to eliminate 'sub-standard' operators
      355 13 REFORM of maritime regulations should now concentrate on finding "sub-standard" operators as a way towards eliminating accidents, a leading shipowner urged recently. The Inter-governmental Maritime Consultative Organisation (Imco) has done much to identify and remove sub-standard ships from the seas, said Mr WO Cray, of
      355 words
    • Article, Illustration
      Greater capacity in Nedlloyd's FE/S America run
      490 13  -  By JAN LEE NEDLLOYD Lines has increased its container capacity on the Far East' South American East Coast service, with the introduction of the last L-type vessel this month. The L-type vessels, Nedlloyd Leuve, Nedlloyd Linge and Nedlloyd Loire, were converted earlier this
      490 words
    • PORTSIDES
      • Article
        Lock icon Bunker charge cut
        36 13 Reuter THE Australia-Pacific coast rate agreement said it has cut the bunker surcharge for journeys between Australia and west coast USA/Canada to 18.12 per cent from 19.8 per cent, effective June 25. Reuter
        Reuter  -  36 words
      • Article
        Lock icon Soviet aid for Iran
        90 13 Reuter THE Soviet Union has agreed to help Iran expand its shipping fleet in the Caspian Sea to boost communications between the two countries, Iran state radio said. It said the state-owned Iranian Shipping Co would deal directly with Moscow's Sudoimport Organisation to buy ships. The
        Reuter  -  90 words
      • Article
        Lock icon Protest over US warships
        107 13 AFP THREE guided-missile destroyers of the US Seventh Fleet entered Sasebo port, western Japan, after being refused entry into Kitakyushu port for allegedly damaging Japanese fishing nets in their joint Japan-US military drills off the Sea of Japan. They were the 4,500-ton Waddell, 4,200-ton Hull and
        AFP  -  107 words
    • Article
      INDEX TO ADVERTISERS
      750 13 SWpptag Use Page CM Achipelego vn i Adriatic VI 5 Afea VI 3 Afro-Eurasia vm 1 A1 Navigation VI 2 Alfred CT vm i Alltrans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 Antoll vm i API. m 4/5 Argentine IV 4 ASCL m
      750 words
    • Article
      Container Schedules
      937 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 Fondo 22S 27.5.81 1200 Maersk 51 TT P. Cleveland 48W 27.5.81 0700 APL TA 6 TT Anro Asia ***** 28.5.81 0800
      937 words
    • Article
      Tunisia planning to build major deepsea port
      235 14 THE JOHANSSON shipping and shipyard group of Sweden is negotiating with the Tunisian government for a consultancy contract paving the way for construction of a major deepsea port to serve the Mediterranean. Financing would be arranged by the Tunisian state with the help
      235 words
    • Article
      Lock icon Iranian warning on Gulf area
      133 14 Reuter THE Ports mad Shipping Organisation of Iran has warned commercial vessels that the north-west of the Gall is potentially hazardous, the official Iranian news agency Pars said. Ships not bound for Iranian porta are required to observe the navigational instructions to ensure their safe
      Reuter  -  133 words
    • Article
      Lock icon ICL will provide more ships for tea exports
      149 14 Reuter INDIAN Container Lines (ICL) will provide an additional number of ships to handle tea exports from India during the peak June-January season, the Press Trust of India (PTI) said. The news agency quoted Mr Trivedi, ICL convenor, as saying that ICL
      Reuter  -  149 words
    • Article
      SHIPS IN PORT
      476 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Boleslaw Ruminski (after Pabloeverett shifts) 33 34 Hoegh Pilot (1000 after Marshal Biryuzov, bulk com oil) 13/14 Iran Besat (1600 after Gudrun Bakke) 6/7 Jenson n (1100) 22 Nordhausen (0600 after Mizoram) 47 Nedlloyd Steenkerk (after Sargodha) 3/4 Pabloeverett (I) (0600 after
      476 words
    • Article
      Ruling on ship trapped in Shatt al-Arab
      334 15 THE Commercial Court is to rule on the effect of the conflict between Iran and Iraq on a charter party in the case of a tanker trapped in the Shatt al-Arab river, near Basrah, since September. Mr Justice Robert Goff gave the vessel's
      334 words
    • Article
      Lock icon Arab states' 2-day meeting
      100 15 AP SHIPPING experts from 21 Arab «totes opened a two-day meeting in Kiwait on Monday to set np an Arab shipping association, a spokesman for the Kuwait Ministry of Commaaieatiens announced. The experts will discuss the creation of an Independent Arab organisation to supervise the system.
      AP  -  100 words
    • Article, Illustration
      People In Shipping
      68 15 THE board of Oceanic Finance Corporation, the shipping finance and investment group, has appointed a new chairman, Mr August A Franck, with effect from May 1. Until November last year, Mr Franck was chairman of Gens tar Limited, the Canadian Corporation which is one of Oceanic's major
      68 words
    • Article, Illustration
      Half of world's tankers face early scrapping
      626 15 PREMATURE scrapping faces up to 55 per cent of the world fleet of mediumsized oil tankers as a result of new international safety and pollution regulations. ULCCs will decline in importance for the same reasons and the 1 million ton deadweight tanker predicted
      626 words
    • Article
      Lock icon Foreign orders received by Japanese shipyards
      156 15 Reuter FOREIGN orders received by Japanese shipyards in April rose to 40 vessels totalling 830,789 gross tons from 28 ships of 622,860 tons in March and compared with 37 vessels of 887,949 tons a year earlier, the Japan Ship Exporters Association said. The April
      Reuter  -  156 words
    • Article
      The Consortia
      170 15 THE major shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan 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.
      170 words
    • Article
      Lock icon Master plan to modernise Ethiopian ports
      212 15 Fairplay A UK consultancy organisation has commercial studies leading to a master plan for the modernisation of the Red Sea ports of Assab and Massawa under a Marine Transport Authority (MTA) contract. According to East African sources, the MTA, which is under the wing
      Fairplay  -  212 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2025 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
      2,025 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      297 13 Everett Lines fOK THC MOST FMQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHITTAGONG CALCUTTA CHALNA RANGOON BU€NOS AIRES MANZANILLO ACAPULCO Everett Steamship Corpn. S/A Cbflord Centre Singapore 1 Tel ***** 9 36 Bead* Street. Penang Rm 36 103 OCBC Bldg lei *****/3 Pnit Mane fcents SOCSHIP CO BHD lei
      297 words
    • Advertisement
      Page 13 Advertisements Column 2
      288 13 OSEALORDO UASC UNITED ARAB SHIPPING CO (SAG) Vl* II ill .1 ll EXPRESS MULTI PURPOSE SERVICES 7T" M BASSAM ¥.33 ■N KHM.OOOM V 31 BN MAY YAK V 35 (12/6). Kuwait (15/6). Damnum (18/6). Bahrain (21/6). Doha (24/6). Dubai (27/6) Abu Ohab. (30/6) Mna Qaboo* (30 6) Dvbai (2/7) Dammam
      288 words
    • Advertisement
      Page 13 Advertisements Column 3
      594 13 vs\\\«-s*o "T* SINGAPORE business FOR PEOPLE WHO MATTER A T«nr>es Penodcob Put*caiwn MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS feeder Vwil I •SMGAPORE CIOSMG TMES a 31st May 2300 HRS CFS 31st May 1100 HRS TO. BELGIUM, HOLLAND, GERMANY, SCANDINAVIA, SWITZERLAND,
      594 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      1010 14 If you want to reach exporters and importers, then Shippins Times is the right advertising mecfium for you. If you're a freight forwarder or in anyway connected with the shipping and cargo business, Shipping Times has just the space for you. You'll be reaching a very select group of people.
      1,010 words
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      Page 14 Advertisements Column 2
      248 14 BBS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA rrir VI 9/1 VI I 21/1 M/i JJ*~l II IB4' I 111 i/i in m nn V 7 J/7 1/7 11/7 7/7 tin *a/7 *rv7 1/7 1/7 5/1 SSI "BARBER PERSEUS" tt*r "BARBER MENESTHEUS" V "BARBER TONSBERG" km 17. "BARBER
      248 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      596 15 Overseas B BB B Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COWTMCBHT SEHC TO UK/CONTIOT: cqntmpshp sonnet from uk/cowot: SINGAPORE MM6FEU) CONTMO SHPPMG PTE LTD 4300(1 K LUMPUR: CONTMO MXNCES *****4, PJCELANG *****6/ I PCNANG BOUSTEM SHTPK MEMOES SON BHD *****1/3
      596 words
    • Advertisement
      Page 15 Advertisements Column 2
      419 15 pig Franco Belgian Services ißf b i bil fV, .r', Srti.v if': t- :r b -s'»ry J.\re A 1 f c ONSOfi T L*• in a— TO own FMI COWTMOSM SMGAPORE P. KELANG It Haw* I'daai Wharf BHa»a» Awtrp OCIRLJPBOg JIM., IDm 17 km II Mm 22 Mm 23 Mm
      419 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      791 16 Page IV Hapag-Lloyd largißay Cily el Efetargh Bremen Eipress Mso accept"* transhipment cargo lor CAMBBEAN/WEST lOES wa Hamlwrg to MEPrmiwc* r TW HK Spore P Kelang Genoa ChetMer De M* 3/6 5/6 11/6 5/7 Mill Mm 7/6 9/6 ,4/S 6 NBoeraca 15/6 17/6 M/s ?l/6 9/1 S'pore PK 6/6 9/6
      791 words
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      Page 16 Advertisements Column 2
      389 16 KOREA 3? <fr cn a n Alqenan National Line SPECIALISTS DEAL WITH SPECIALISTS MKT BOUND FAR EAST/HDnBBUIIEAM SERVICE STORE P.KLANG LOADING FOR +BECHAR (1979) 5/9 •<" h» M/K St. L««/¥itoi»cu/ Alger +BOURA (1979) 19/19 to 19/20 lun Tim/Pt. St. LMit/ValOTca/ Alger east bouh) icttpraiean mp japan service +KXRA (1979) 14/15
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      Page 16 Advertisements Column 3
      536 16 (7) EVERGREEN LINE FAR FAST CUROPF FXPRFSS FULI CONTAINER SFRVICf ALSO ACCEPTWG CARGO FOR: UNITED KINGDOM SOUTHAMPTON, LONDON, MANCHESTER. BIRMINGHAM, BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN, OSLO. STOCKHOLM. GOTHENBURG, AARHUS, COPENHAGEN HOLLAND AMSTERDAM Vpm% MM IMM*i WMm f*i>i»i UM» Irm MM 29/5 22/4 24/4 24/4 24/4 UfM 14/4
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      Page 16 Advertisements Column 4
      972 16 Everett Linesl J R Smgk Burma Five Star Shipping Corpn. I U,E pagan nusMKGTitimM HTANTAHYHA S'pm P (riant nwm m»t 30 31 «VI 2/5 la B F SS C Agonl* m Moloyvo BOUSTEAD SHIPPING TEL NOS KL *****2/*****9 bmpuM Afjantina Da r\» Mavaaacioa lmarc?i»inantal S. A. C.I.F. M) "ARGENTINE NATIONAL
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      Page 16 Advertisements Column 5
      440 16 OCEAN SHIPPING 8 ENTERPRISES PTE ITO. Ha SANKYO LINE JAPAN/STRAITS SERVICE Stappn AOHK3UNA KARUNA 21-30/5 COMMON! 30-31/5 EVER UGHT 4-9/6 ASIA REOJLUS 4-5/4 PAZ ESTHOI* 14-18/8 OCEAN RESOURCES 15-17/6 HOKO MARU 13-15/6 TWSHO MARU 2-4/7 GBEMI tCOm SUB MDm r.DLW Wi OCUM SVfMB 4 EMOraXS PIC LID msmm m muup
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      Page 17 Advertisements Column 1
      863 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL KOTA SAHABAT »W/10€ KOTA SAHABAT IIIW/12E SPORE 15-16/6 19-20/7 22-23/8 IST CALL COLOMBO 21-22/6 25-2S/7 26-29/6 HOOEIDAH 29-29/6 2-2/9 5-5/8 JEDOAH 1-1/7 4-4/8 7-7/8 2ND CALL COLOMBO 13-14/7 16-17/8 19-20/9 Accepting LCL Cargo to Colombo 9
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      Page 17 Advertisements Column 2
      918 17 BEN LINE CONTAINERS EXPRESS CONTMNER SERVICE TO/FROM EUROPE HBURC 8 HAVEN RDAM HAVRE SOTON Panam/E»tpt Pnt H«n Bha»*n R dam Havre UK Charr, B«|i M Part «r M EMMfh 25/4 27/4 214 34/4 23/t 31/5 c*r 1 E**wtk 25/4 27/8 24/4 JO/I 23/4 9/4 tarn 5/7 7/7 1/7 14/7 V
      918 words
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      Page 17 Advertisements Column 3
      567 17 ff id Scan Dutch? EKLY EXPRESS CONTAINER SERVICE ft M A jfl PENAGA SM I OAHLM a/5 I nm* S/C I HUM 12/1 I PUMA 19/S DAM* a/1 I PENAGA V 7 I DNt» JO/7 I PEMGA 17/7 I DNU 24/7 IS'aara I l)lTa*t2)r«M])irM«4)G-ta| TO*** kM lt/1 15/1 21/» 17/
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      Page 17 Advertisements Column 4
      526 17 BOUSTEAD SHIPPING AGENCIES la BANK LINE AFRICAN EXPRESS Also accepting FCL containers. Spore: 8/10 June (loading direct for Reunion, Durban ond Capetown only) Lukes/ 4 Linos U.S. WEST COAST SERVICE lor Dtoct trow SFO LbcH STORE S~tlc 1« ASHLEY LYRES SM 9d »/5 25/6 26/6 lISUE LYRES 13/6 9/6 17/7
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      Page 18 Advertisements Column 1
      740 18 K LINE KAWASAKI KISEN KAISHA. LTD. I EXPRESS CONTAINER SERVICES TO NORTH AMERICA no feeder kssels* n sp mot«r vessels IK LA S NY Hard Bar V O SaM 21/5 Has* Mm 25/0 *0* >*+ 19/0 21/8 Bndft 11/0 13/7 Fa* Act UN 0/0 11/ C Am Hm 27/0 n/7
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      Page 18 Advertisements Column 2
      450 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE I<B vancouk, ic. ffWI nunuj" km itim, I2T AUSTRALIA EXPRESS CONTAINER SERVICE Acc*p4ta| fa/Fa Mam P MM| S po'f IMMT 24 Jm* fthm YANMS 3 tm 4 *<* KAUUT 25 Aa( ?8 Auf MStWA ASM V6WVA AfiHA a»* Also accepts 25t.« 7M, 13
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      Page 18 Advertisements Column 3
      669 18 I'( »I-011l > SINGAPORE SHIPPING AGENCIES PTE LTD 20TH F LOOR OCE AN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINE SI GENERAL *****1 114 INE Si TERMINAL Of r ICE *****83 TELEXRS ***** RS ***** A B C ARSMIP CABLE CARGOSMIP nan oiifaincr Lines WEEKLY CONTAINER SERVICE to/from BANGKOK kt
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      Page 18 Advertisements Column 4
      624 18 KORINS MARITIME SERVICES ft Room 601 ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel 38 7004'*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES \\j£ SAM ICK LII\tS A member of tfce Samict Crsitf si Compamei LIO SERVICE FMM KOREA/TAINAN HONG KONG TO &NGAPORE Inchon Bus in Keetung H Konf S'p*e
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      Page 18 Advertisements Column 5
      724 18 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11-*****57 araiM mbbhot mma to euwpe S par* P. Kate* Pananf LaadMf lir WORLD STM ***** 5Mi tkm BOULOGNE/RTMM/UK mm NORAStA BBOQ? (U 9M RDM/UK (AVON) Afanh Sin(apart MTRASEA (TIE) ITO 2352(11 BOOKMG *****57 Lumpw no SHTPWe ft TRADMG
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      Page 19 Advertisements Column 1
      460 19 TO EUROPE/UK (VIA SUEZ): K. JACnVON 13*1 TW BMDGE 6W—MERCATOR 23W.. K. JACEJM 10W Also accepting cargo to/from Scandinavia C. ROZE S'pore Closing Times: FCI Cargo 0100 30/5 LCI Cargo 1300 29/5 FROM EUROPE (VIA SUEZ) 0. CHEF 24E N. JAOE2E HK. CONTAINER 25E. C. CONTAICR 11E... N. GARNET 5E
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      Page 19 Advertisements Column 2
      243 19 MALDIVE LINES FOR BOOKMGS I ENQUWE S PLEASE CONTACT: SWGAPORE WIT KELAN6 PANOCEAN NAVIGATION I TRADMG OMENTAL SHTPMfc CORPORATION CO ffTE) LID, TIL Ki. 42W76/*****4 110 C KTDWTKMAL PLAZA PORT KELANG 3S7S4S ANSON ROAD KUANTAN *****519 SWGAPQBEO267 TEL *****20 PAS* GUOANG (73KH5 l i:\sri:u\ < \i{ i.im:u. itd. HUA YUANKOU
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      Page 19 Advertisements Column 3
      346 19 SINSOV SINGAPORE SOVTT SMPPMG CO PRIVATE LTD SMSOV BULOMG 55. Market Street Singapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV Telex Numbers RS ***** RS ***** RS ***** man soon son. md. ist and 2no floor. mm. NO 1. JALAN CEMPEMNG. PORT KLANG. MALAYSIA CaWes JAYAPOH PENANG. T*
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      Page 20 Advertisements Column 1
      595 20 PROSPERITY SHIPPING (PTE) LTD. ETA STORE LOADING FOR M.V. "100 WMf' M.V. "JOO YAU" 10 June 20 June M.T. "JOO HONG" (Palm 01 Carrier) In Port Red Sea Suez Alexandria/Pt Said West/East Malaysia, Singapore For Booking Pleose Contoct: NGOH HONG HANG (PTE) LTD 7 Upper Circulor Rood, Sin9opore 0105 Tel:
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      Page 20 Advertisements Column 2
      244 20 UK/CONTINENT SERVICE Spn GRAM) GLOBE 003 SU MOW lUUNO Ml *****/6 sua m. m. 005 8/7 Kabul TgRM Laadtag tar SU SM NANTES/ROM/ UK 24/6 16/6 ANT/ROM/ UK 5/7 11/7 NANTES/RDM/ UK SOUTH AFRICA SERVICE R«nm/MMR/Cjp*to«n Rewien/Dwbaa/Cipetawi General Agents Mood Line (S) Pte. Ltd. Tel: *****11/*****93/*****42 Agents K. Lumpur: SEGANI
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      Page 20 Advertisements Column 3
      239 20 ft JOHORE SHIPPING LM 161 lAI AN WNGKU BAMAR PORT Ml ANG f SEIANGOK MAIAVSIA BINTULU ftrf] CONTRACTORS SDN. BERHAD 37. Pandmcan Road. KucMng, Sarawak, Tafc 205 M Ttfci MA ***** Express Car-Carrier/tO-110 Service to East Malaysia BMTULU NO. 1 V:«/«l BMTULU NO. 1 V4/S1 BMTULU NO. 1 *10/11 BMTULU
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      Page 20 Advertisements Column 4
      371 20 x^tssssssßi KAWASAKI KINKAI KISEN KAISHA, LTD. Vessel NOW BAT V 6 NOKBTMM N. MALAYSIA: r;i« n.if/M; v JAP Fully Containerised Service Tokyo Kobe S pore Pewg P. Kelang S pore Tokyo Kote tt M 1 1 M 2t/S 7/C t/l 21/5 30/5 10/1 12/6 13/1 l«/€ 27/1 BwrteW *****4/*****5 Hantaan
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      Page 20 Advertisements Column 5
      302 20 Transocean Liners (Pte) Ltd. 1005 1008 10th Floor, Rob too House, Shcnton Woy, Smgopore 0106 Phone: *****33 Tele* R*****9 Representing INTERMARITIME LTD. REGULAR SERVICE TO SOUTH AFRICA MV "SAN PEDRO' Voyoge 23 Singapore Looding for: 6/6 Durban, Cape Town Agents Port Kelang H.S.H. (M) Sdn Bhd. Tel: *****6 *****6 Kuala
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      132 20 V °7s\ Regional Weather foj\ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R. Thunderstorm Weather Wind direction with speed in knots R iß Wave height Cloudy Sky Sarteoe wtada are tainted by arraws which fly with the wind One full circle represents calm or light and
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