The Business Times, 5 June 1981
1981-06-05
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The Business Times
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Title Section11 1981-06-05 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, JUNE 5, 1881 60 CENTS11 words
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BRIEFLY...
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Article70 1981-06-05 1 AP Reuter LONDON, Thurs. The British pound, battered by high American interest rates and expectations of oil price cuts, slumped on foreign exchanges as the US dollar continued to make impressive gains. As investors fled from the beleaguered sterling in droves, the British currency dropped to itsAP; Reuter - 70 words
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Article66 1981-06-05 1 AFP TOKYO, Thurs. Japan's largest credit-card business company, JCB, said it would establish a wholly-owned subsidiary in Hongkong next month as a first step toward its world strategy. It is the first Japanese credit-card company to set up such a subsidiary abroad. The company, capitalised at U553.34 million,AFP - 66 words
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Article68 1981-06-05 1 Reuter JAKARTA, Thurs. Tin exporting countries will consider forming their own organisation if agreement on a sixth International Tin Agreement favourable to them is not reached at a meeting in Geneva on June 9-26. Indonesia's Mines and Energy Minister Subroto said today the move would be aReuter - 68 words
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Article59 1981-06-05 1 AFP JAKARTA, Thurs. A joint venture will soon be set up between the Indonesian state-owned tyremaking company Intirub and the British Dunlop Corp for the production of special-purpose tyres. The joint venture will invest over US$lOO million in a factory to manufacture large tyres for heavy equipmentAFP - 59 words
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Article91 1981-06-05 1 KUALA LUMPUR, Thurs. Finance Minister Tengku Razaleigh Hamzah is expected to announce next Wednesday the long-awaited scheme enabling Employees Provident Fund contributors to withdraw part of their savings to buy houses. EPF general manager Mr Rashid Mahmud said today the EPF had drawn up the scheme91 words
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Article89 1981-06-05 1 AP BONN, Thurs. The West German parliament late yesterday gave interim approval to a 1981 defence budget calling for a 6.9 per cent spending increase over last year. The increase, when adjusted for inflation, appeared to fall below the 3 per cent annual spending increase pledged byAP - 89 words
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Article62 1981-06-05 1 BANGKOK, Thurs. The United States has granted Thailand an additional US$2 million to assist Thais who have suffered as a result of the war in neighbouring Kampuchea. The grant will be used to support the Thai government's programmes in the border area, including public health care,62 words
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Chief Price Changes
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Article132 1981-06-05 1 Rises Indices Y H S Msia 398 O U E 1340 C Sugars 1920 M Cement 1120 C K Tang 650 Semb Shipyard 720 Gentings 1040 Utd Plantations 550 Paper Products 380 Island A Pen 890 Falls Ming Court 640xd Metro Hldgs 2100 Hong Leong Ind 1760 Pegi Msia132 words
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Article, Illustration156 1981-06-05 1 Rises Indices June 2 June 4 S pore Land 1410 50 B.T.Index: *****7.44 *****2.56 A Amal 1170 40 Industrials: 1123.47 1109.21 Bk Semb 630 30 Finance: 1871.74 1836.74 Genting 1080 30 Hotels: 520.58 518.57 M Cement 1200 30 Properties: 1206.80 1196.26 Falls Tins: (rubbers: 482.80 1360.01 482.55 1354.91156 words
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645 1981-06-05 1 LEE YOKE MENG - FINANCIERS STUDY PROPOSAL By LEE YOKE MENG THE fledgling leasing industry in Asia is about to undergo another interesting revolution the practice of cross-border leasing. Still in its early stages in the developed West, crossborder leasing includes basically those transactions that are made between countries,645 words
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Article264 1981-06-05 1 MORE companies are turning to the Skills Development Fund for subsidies for their training programmes. An average of 250 applications have been received every month since February, two and a half times the number received last September, SDF administrator Mr Foo Meng Tong said. An264 words
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Article486 1981-06-05 1 ALVIN TAY - By ALVIN TAY THE Monetary Authority of Singapore's decision to exclude petroleum products from its export and p re-export rediscounting scheme will only have limited impact on oil companies. It is believed that oil companies make limited use of the scheme. The exclusion will merely mean that486 words
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Article458 1981-06-05 1 LOCAL electronics manufacturers agree with a Japanese report that Japan appears reluctant to contribute more than the bare minimum to technology transfer and training in Asian countries. The report, based on data from a survey by Nomura Research Institute, was prepared by the Electronic Industries Association of458 words
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Article, Illustration213 1981-06-05 1 MR MICHAEL Wong Pakshong (above) has been appointed managing director of Straits Trading, a diversified public company with an issued capital of $121 million. Tbe appointment takes effect from July 1. In a brief statement yesterday, Straits Trading said "Mr Hong's experience and213 words
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Article479 1981-06-05 1 CHOO AI LENG - By CHOO AI LENG GROWTH Industrial Holdings (GIH), a major shareholder of Pan-Electric Industries, yesterday announced impressive results, a bonus issue, an attractively priced rights issue, and higher dividends. In line with market expectations, the group turned in a creditable 93.5 per cent jump479 words
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Page 1 Advertisements
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Advertisement50 1981-06-05 1 TRETORN SUPREM H A k V 1 i i i i Your best partner in tennis A High quality racket for aggressive play Reinforced inside and outside with French Ash and vulcanised fibre Sole Agent: Available at leading sports aridf departmental stores j U)vn£t<n& The Sports People Tel: *****4. *****450 words
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Advertisement68 1981-06-05 1 DEEP concern over tin prices... 2 CORRUPTION and waste In the NEWCOMER to the fast food ®U Industry 7 business 5 IS individualism dead in SingaMONEY brokers who corner 1 the market 6 ASIAN economies in retrospect. 12 TV AND RADIO S, CROSSWORDS fi, WHERE TO WINE AND DINE 868 words
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Advertisement75 1981-06-05 1 I The Singapore's Straits Business Times World DIRECTORY at your ()f Rnfle^ips Singapore (Buku Merah) HERMES SWISS PRECISION I a* tot t .vouto^o^ <L4OO ftOs al -«p»vv° u rtt^ ts w rrJu^oo. s vaWd on V t,ce occVa\ u a- >AaV 15 vs.»"Vi\ur> e 1 table 5 duf' in 675 words
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REGIONAL
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183 1981-06-05 2 AFP CHINA appears to have begun to launch a new Asian diplomacy with the improvement of relations with India and other Asian continent nations forming its pillar, the Asahi Shimbun said in an editorial yesterday. The influential newspaper said: "The outline of this Chinese AsiaAFP - 183 words
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Article174 1981-06-05 2 Reuter THE WORLD Bank may have to reduce its economic assistance to India because of the financial needs of its new member, China. Under the bank's credit formula, much of its lending is based on population and per capita income as well asReuter - 174 words
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609 1981-06-05 2 AFP MALAYSIAN tin miners have expressed deep concern over the continued fall in the price of the metal on the world market. They point out that despite purchases by the buffer stock manager last month the market did not respond positively. Many ofAFP - 609 words
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THE REGION IN BRIEF
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Article380 1981-06-05 2 Agencies AUSTRALIA'S telecommunications unions and management are hopeful of settling a wage dispute which has disrupted the country's telex and telephone networks over the past four days. One union leader said he believed agreement could be reached. The unions are imposing an equipment maintenance ban to backAgencies - 380 words
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192 1981-06-05 2 AFP JAPAN Air Lines (JAL) and All Nippon Airways (ANA) suffered losses in their operating revenues in fiscal 1960 ending in March, while Toa Domestic Airlines (TDA) scored the second straight annual deficit. Their sales rose 15 to 22 per cent, thanks toAFP - 192 words
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141 1981-06-05 2 Reuter PRELIMINARY estimates show that the share of imported crude oil in Japan's total primary energy supply in fiscal 1980, ended in March, fell to 66.1 per cent from 71.4 per cent the year before, the Ministry of International Trade and Industry (Miti)Reuter - 141 words
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253 1981-06-05 2 AFP THE AUSTRALIAN government, hosts to the Commonwealth Heads of Government Meeting (CHOGM) later this year, is to give a lead to provide overseas aid. Prime Minister Malcolm Fraser told Parliament yesterday that because of economic difficulties in their own countries, many countriesAFP - 253 words
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167 1981-06-05 2 UPI JAPANESE railway workers slowed down trains yesterday to launch a two-day protest campaign against the return of the US aircraft carrier Midway, a suspected bearer of nuclear weapons, to Japan. Thousands of unionists, anti-war activists and leftwing radicals orchestrated the opposition campaign toUPI - 167 words
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175 1981-06-05 2 AP A TOP Soviet trade official will arrive in Tokyo next week to discuss Japanese credit for a 4,300-km Soviet natural gas pipeline between Western Siberia and Western Europe, officials of the government-owned ExportImport Bank said yesterday. Japanese news reports said the creditAP - 175 words
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Article695 1981-06-05 2 ARRIVALS Service Local Operator Number Tine From GIA GA850 1030 HLP GIA GA908 1045 MES SLA SQI03 1045 KUL MAS MH605 1045 KUL PAL PR501 1065 MNL MAS MH682 1115 KCH SIA SQ240 1125 MES SN SN277 1130 BRUAUHBOM/ KUL KLM KL833 1230 AMS VIE/KHI/CMB SIA SQ203695 words
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Page 2 Advertisements
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Advertisement242 1981-06-05 2 v 4 'i rnr m ¥v -V a Hf 's" < 'a ■>. i ■> il Jfc k ■S: WSSS i* swgg* ::J f The occupants of this quiet, suburban home have been programmed. By the Carrier Man. When you're trying to decide just how big a central airconditioning system242 words
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Advertisement0 1981-06-05 2 %+~<}%},"("^:\~'&@=',%)$&$~||(}0 words
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OVERSEAS
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522 1981-06-05 3 Reuter THE BRITISH National Oil Corp (BNOC) is under pressure to cut US$2 to $3 a barrel from North Sea oil prices. But oil industry sources said a cut is unlikely before July 1 when BNOC will make its regular quarterly price review.Reuter - 522 words
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532 1981-06-05 3 AFP AP BRITISH Leyland (BL) is on a second counter-attack against the Japanese invasion of the European car market with the help of the Japanese themselves. After the Mini-Metro, which has already enabled BL to regain some ground, BL is to launchAFP; AP - 532 words
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312 1981-06-05 3 Reuter MORE than 50 world airlines decided in Geneva on Wednesday to ask governments for a 5 per cent increase in passenger fares from September 1 and to try to stamp out "back-alley" cut-rate fares they said were harming the industry. TheReuter - 312 words
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137 1981-06-05 3 AFP THE social measures decided by the French government on Wednesday will be paid for partly by a "supertax" and partly by extra taxes on exceptional profits made by banks and oil companies. The supertax will be imposed on an estimated 100,000 peopleAFP - 137 words
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WORLD IN BRIEF
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Article487 1981-06-05 3 Agencies BRITISH Labour Party leader Michael Foot has challenged Tony Benn, head of the party's extreme left, to run against him as party chief. Replying, Mr Benn said this was "out of the question". But he added that he would continue to campaign for the deputy leadership ofAgencies - 487 words
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603 1981-06-05 3 EXPERTISE LACKING Reuter IRAN is adopting a gradual approach to its stated goal of nationalisation of foreign trade, and the government's latest proposals are not expected to be fully implemented for five years. At the end of this period, all import and export trade willReuter - 603 words
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205 1981-06-05 3 Reuter WE]ST German Chancellor Helmut Schmidt has appealed directly to European Common Market governments for a swift end to steel industry subsidies. Mr Schmidt has written to leaders of the nine other EEC countries and Mr Has ton Thorn, president of theReuter - 205 words
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194 1981-06-05 3 A LEADING politburo member said on Wednesday the emergence of "discussion clubs" criticising Communist Party leaders for changes resulting from last summer's labour unrest could lead to the party's collapse. Kazimierz Barcikowski told a party meeting in Lodz, central Poland, "it is not known if194 words
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160 1981-06-05 3 AP THE SOVIET Union and Po- j land signed new "basic guidelines" in Moscow on Wednesday to develop economic cooperation between the two countries during this decade. The Soviet news agency Tass did not say what the guidelines were. But it said the agreementAP - 160 words
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Page 3 Advertisements
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Advertisement278 1981-06-05 3 mm if r 5* X 4 Si dp V" t Behind Dr Chen Wen Hsi. who is himself one of South East Asia's most renowned artists, are three paintings from his collection. The delicate brushwork are fine examples of the skills shown by artists of the Ching dynasty. Connoisseurs will278 words
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RAW MATERIALS
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590 1981-06-05 4 Reuter THAILAND may sell more tapioca to the Eastern bloc countries through the Netherlands. Thai Agriculture Minister Anat Arbhabhirama said, after a meeting with Dutch Agriculture Minister Gerrit Braks, that the Netherlands is well suited to tranship tapioca to the Eastern bloc becauseReuter - 590 words
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Article176 1981-06-05 4 CHINESE Produce Exchange, Singapore, noon closing prices per 111 kg yesterday. Cwtaat 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 Asta NLW $415.00 sellers, Sarawak white pepper176 words
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Article230 1981-06-05 4 THE Singapore rubber market yesterday closed easier with June One RSS buyers quoted at 245.50 cents per kilo, down three cents from Wednesday night. Prices fell about 2.25 cents during morning trading on freer offerings of nears and some stale bull liquidation. The market lost further ground in the230 words
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Article394 1981-06-05 4 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buvers Sellers Int. 1 R.S.S. prompt f.o.b. 247 00 248 00N 245.50 246 SON Int. 1 R.S.S. June 247 00 248 00 245 50 246 50 Int. 1 R.S.S. July 254 50 255394 words
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Article110 1981-06-05 4 NOON SSR and SMR prices yesterday: RAS Juae July It urrent Mthl (Forward Mtk) (1-ton pallet) Buyer* Sellers Buyers Sellers SSR 20 220.00 222.00N 222 00 224.00N SSR 50 (1 ton pallet) 217.50 219.50N ***** 221.50N MRELB SMR CV (1-ton pallet) 299 SO 301 50N 301.50 303.50N110 words
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Article187 1981-06-05 4 WHEAT futures in Chicago on Wednesday closed with pared losses, down V/i to three cents a bushel in active trade. Extremely aggressive scale-down exporter pricing took prices off day's lows, traders said. However, prices held on the minus side in sympathy with sharp declines in soybeans and corn futures.187 words
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Article94 1981-06-05 4 THE STRAITS tin price In Penang yesterday rose four cents to M 529.41 a klio, within the IT A lower range of $27.28 to $3t.11, dealers said. After the last two days' rise in London, strong buying, mainly from Japan, and small support from Europe and locally, discounted94 words
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Article34 1981-06-05 4 Rubber: June 4 Singapore: June: 245.50 cents (down 3.00 cents) Malaysia: June: 266.50 cents (down 6.50 cents) Tin: M 529.40 per kilo (up 4 cents) Official offering: 241 tonnes (up 56 tonnes)34 words
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Article220 1981-06-05 4 SOYBEAN futures in Chicago on Wednesday closed near the bottom of a 25-cent range, down 15 1 to 19 1 a cents a bushel in active trade. Traders said chain-reac-tion, local "panic" selling once the nearby July-based $7.44 support level was penetrated accounted for Tuesday's weak price action. Moderate220 words
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Article333 1981-06-05 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godow n: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08, 100 per cent third class 1.06, 25 per cent new crop no stock. B-10 per cent no stock. THAI BROKEN: A-super 0333 words
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Article195 1981-06-05 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cotton yarn: China Blue Phoenix 20s 2,290 32s 2,790. 40s 3,060 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly195 words
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Article555 1981-06-05 4 COFFEE: Robusta futures ended a quiet morning £3 to £6 a tonne higher as the market continued to receive some underlying support from sterling weakness against the dollar. SCGAR: The London Daily price for raws June July yesterday was £210 and for whites June/July, £230. COCOA: Weakness of555 words
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Article164 1981-06-05 4 THE Kuala Lumpur market yesterday closed higher after initial easiness following lower overnight Chicago trends, in quiet trading. Dealers said that in June, south gained Mslo to $1,040 a tonne and central $7.50 to $1,035. In August, central was traded up to $945, while in September, central and164 words
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ASIAN STOCKS
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Article488 1981-06-05 4 TOKYO SHARE prices yesterday lost ground heavily on light selling led by big capitals and electricals, dealers said. Many investors were sidelined by uncertainty over US interest rates and foreign exchange market developments. The market average fell 67.34 to 7,413.24 in thin trading volume of 320 million488 words
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Article309 1981-06-05 4 WEDNESDAY'S profit-tak-ing spilled over to yesterday as investors realised some of the nice paper profits they have made recently. Blue chips continued to be soft, while the second liners that were strong on Wednesday opened firm yesterday but weakened in the afternoon. HK Bank shed another 30 cents to309 words
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Article395 1981-06-05 4 BHP and Vamgas led the Sydney sharemarket to a firmer close but trading continued cautious following a sharp fall in the value of sterling and continuing uncertainty over US interest rates. BHP, due to resume its Bass Strait drilling programme next month, finished the day 40 cents up at395 words
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Article241 1981-06-05 4 STOCK prices yesterday closed mostly lower in weak trading, dealers said. Si am Cement fell four baht to 220, Jalaprathan Cement and South Asia Fibre dropped one each to 109 and 76, while First Trust lost 0.50 to 57.50. JUNE M Btnu Alls Credit 104 1 Asia Fibre Ayulhaya241 words
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Article136 1981-06-05 4 THE market was mixed yesterday as the commercial and industrial sector eased along with minings, but oils remained firm and turnover rose to 3.8 from 2.4 million pesos, dealers said. Philex B was the lone loser the rest being uqtraded and unchanged shares. JUNE 04 Peaoi AeoJe Mining OOM136 words
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Article55 1981-06-05 4 FINANCIAL TIMES INDUSTRIALS Wednesday Tuesday 547.0, Week Ago 545.4 DOW JONES AVERAGE INDUSTRIALS Wednesday 989 7fe Tuesday 987 48a Week Ago 993 14« U.K.HANG SENG Thursday 1681 17 Wednesday 1711 87 Week Ago 1624.3| AUSTRALIAN I INDUSTRIALS Thursday TSzjl Wednesday 751.4. Week Ago 7454ALL ORDINARIES it Thursday 718.155 words
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Page 4 Advertisements
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Advertisement195 1981-06-05 4 Teak by Diethelm VMf/* ihLV ~i ru 1 n A-i pri u a i ll* a Diethelm. Furniture that has no equal. Showrooms DIETHELM (VIAlf\J DIETHELfVI PLAZA Singapore Shot ping Centre 326/32/ Pla/a Singapura '90 Clemenceau Avenue Orchard Road Singapore 0923 Tel *****06/*****24 Singapore 0923 fri .13/B»> U 33/BSW2 Teak195 words
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TRADE AND INDUSTRY
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Article, Illustration401 1981-06-05 5 EUROPEAN governments and the European Economic Commission have recently been subjected to considerable pressure to strengthen their protection of domestic industries. However, as a rule, barriers to trade involve a limited proportion of the trade volume, said Mr Gabriel Francois, chief economist of401 words
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Article, Illustration744 1981-06-05 5 THE Korean government is planning to set up a display centre in Singapore for Korean machinery sometime next year. A display centre is needed in Singapore to introduce Korean machinery to manufacturers here, said Mr M S Kim, manager (trading department) of Shin Haeng Machinery. Mr Kim and744 words
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485 1981-06-05 5 SIOW LI SEN - By SIOW LI SEN THE apparent success of fast food chains has attracted a Hawaii-based operator of Mexican fast food to consider setting up here. Taco Bell, which offers a kind of spring roll with Mexican-style fillings, is confident the food will sell485 words
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Article379 1981-06-05 5 RICHARD SEAH - By RICHARD SEAH CBS-SONY, one of the world's largest record company, may set up offices in Singapore and Malaysia soon. It has started recruiting its first staff here. The Singapore office to be headed by a financial controller is likely to come under the control379 words
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Article210 1981-06-05 5 AN international market leader in high performance chemical products for the building and construction industry is opening a $1 million factory in Jurong tomorrow. Fosroc Construction Chemicals, which plays an equally important part in initial construction and essential remedial work, is combining its expertise and210 words
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Article96 1981-06-05 5 NORMAN G Clark of Australia will display its pneumatic industrial clutches and brakes at the Australian national stand at Machine Asia '81. The company's Air Champ clutches and brakes operate on static air pressure and the output torque is simply regulated by the air pressure applied. The96 words
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Article, Illustration204 1981-06-05 5 CITIBANK'S Consumer Services Group in Singapore Malaysia has appointed Mrs Amy Taa and Mr Duay Ori as assistant vicepresidents. Mrs Tan is head of the Consumer Services Group branches in Singapore while Mr Ooi is the marketing director of the group. The appointments will strengthen the management204 words
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Article631 1981-06-05 5 SEMINARS AND COURSES May 25-July 1: Quality Assurai** Engineering and Management, Ming Court hotel, Sisir May 26-June 25: Digital Electronics Integrated Circuits Understanding and Appl. Module 11, NPB Cuppage Centre, National Productivity Board May 30 and June 6, 13 and 20: Quality Circle Leader's Course, Personnel and Organisation631 words
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Page 5 Advertisements
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Advertisement139 1981-06-05 5 TACO BELL IS COMING TO SINGAPORE Hawaii franchisee of largest Mexican fast food restaurant chain in the United States is looking for prospective Singaporean partner. General qualifications for partner: 1. Restaurant business owner/operator who wi be working partner 2. Approximately $500,000.00 (U.S.) initial capital by Singaporean partner 3. Real estate139 words
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Advertisement618 1981-06-05 5 THE EXECUTIVE DEVEIOTMENT SERIES Organised by DEPARTMENT OF BrSL\ESS ADMIMSTHATIOX SCHOOL OF MMAGEMEOT \ATIOm UNIVERSITY OF SINGAPORE Course Titles and Dates FINANCIAL ANALYSIS FOR PLANNING AND CONTROL June 29 30, 1981 conducted by PROF. DANIEL Mc DONALD This course is designed for those in managerial and administrative positions who have618 words
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Article459 1981-06-05 6 IN LAND-HUNGRY Singapore, property ownership is a subject close to the hearts of many. The issue of government acquisition of private property is therefore always a sensitive one. The news of 22 families, due to lose their homes as the Housing and Development Board extends459 words
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219 1981-06-05 6 OIL COMPANIES are not the world's most loved multi-national corporations. Though they have complained bitterly about being caught between oil producers' rising prices and tight government reins on how much of these can be passed on to the consumer, year-end figures have shown again219 words
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Article, Illustration1844 1981-06-05 6 LAN RODGERS - ADMIRABLE ACHIEVEMENTS OF UK MONEY BROKERS The British money brokers' strength abroad is shown by the fact that in New York, the world's largest money market, all but one of the major money broking companies are controlled from London. In other international financial centres, such as Singapore,FT - 1,844 words
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Article895 1981-06-05 6 WILLIAM SHEPHERD - There are no stocks or bonds or certificates of deposit, only silent entries in computers reports WILLIAM SHEPHERD WILLIAM SHEPHERD NYT THE LARGEST gambling casino in the world is not located in any particular spot. It is called the interbank market (or foreign exchange, and it exists inNYT - 895 words
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Page 6 Miscellaneous
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Miscellaneous618 1981-06-05 6 I -ik-oie crossword CRYPTIC PUZZLE ACROSS 1 One should play it with no hands (6) 7 Exaggerate the speed of the bowling? (8) 8 Dress one in a garment (4) 10 Be fearfully shaky? (6) 11 Warn Da vies to reform (6) 14 They show a certain amount of clemency618 words
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Miscellaneous815 1981-06-05 6 Origins of the aborigines IF YOU'VE ever r*atempi* ted taking a trek into the outback of Australia, Hori sh (cluuinel 5, 1M) brings yen on such a trip when It features "The Long Long Walkabout". Professor Macintosh, a physical anthropologist, and Tom Haydon, the producer of this programme, search for815 words
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Article, Illustration1222 1981-06-05 7 JAMES RESTON - JAMES RESTON meets President Mitterrand (left) of France who talks eloquently about his personal and political philosophy. JAMES RESTON NYT PRESIDENT Francois Mitterrand of France thinks the nations of the world are not making progress toward military or economic security, but he refuses toNYT - 1,222 words
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Article, Illustration2463 1981-06-05 7 JIM LANDERS - By JIM LANDERS NYT ON JAN 17, 1980, a 214,000ton supertanker named Salem sank off the coast of Senegal. West Africa braced for an oil slick. The oil slick never arrived. As it turned out, the Salem was filled with seawater. It was theNYT - 2,463 words
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832 1981-06-05 7 Lee Yoke Meng - FORUM, r ...with Lee Yoke Meng AFTER two months of happy holidaying, it's back again to the grind of interest rates and money matters. It's hard to imagine so much can happen in just eight weeks the US President's been shot at, another832 words
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Page 7 Miscellaneous
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Miscellaneous43 1981-06-05 7 BliStaW':JWkl>ic^s| oce TO rue Neu> r tr RING ootthc OLD R\NG> IN THeNeU).,. 1 UJISH THP<r '1% U>fVs through (SA wB-^_T H e thought OF "ic> i umsm ib GOD I COULD ReSt&N •So F\U3 Me JULL OF DRGBD S nothing EISG pr^43 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article266 1981-06-05 8 CORBE1LLE Air-Liquid* B S N OanraU nuvwi 906 C 8 T (ThonuonCw'fTaivcala* M Patrotea compacnlc Flnanctcrc Compacntc Oanaraia Credit Foncler D> Franca Hachatta (UDralrte). Machinaa Bull Mtchalln (B) Pmrlba* Pachlnay Clglnc Kuhlmnn Pvunot pmilp* <M» 0«tn Dun) PrtnUmp* 8 A Rhone-Poulencc 8A Royal Dutch Sum (CW rinan Da) XI266 words
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Article175 1981-06-05 8 JUNK OS Pla ABN mjo >1 Ahold mjo -0 1 AJtao MJO ♦0J AMKV 86.50 1J Amfii 98.00 -02 Amrobnk 51 00 0J tar 96.00 VL50 -1 1 Prtl* 56-20 -02 BorsumlJ 190.00 unch Burfimtnn 54J0 -0.4 MJ0 unch Delft IVTOOnl -15 Ml ftiij 8150 -1J Ennla lift.00 1175 words
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Article92 1981-06-05 8 JUKI 09 1 rr» 47FORWARD MARKET AM* SO 4-4 Arbtd I3M -10 Amtmm 340 -10 1060 -10 Bni-Lamb 1110 .10 asr lftio \m 4-13 4-7 D* Pun m -13 KtM ISO -13 Etoctrobel 3700 «0 Ob-Inno-Bo 1M6 4-30 0«v 1230 unci) Hobok 2300 unch 3890 -30 Ryl Dutch 13K92 words
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Article169 1981-06-05 8 JUNE 09 DB Aaf-Telcfunkcn «MO -ft« Akao »J0 Alls Utm 10»-» All! Var» moo i BASF Baj H T Wtu Bay vlut ik injo 1KU0 moo u uncb Bayar ISM 4lJ but Ml 00 23-S BMW r»M«n» 170 JO 297 jo 0J -01 Chtm Vara Omamtut Conu Oumroi 230JO169 words
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Article153 1981-06-05 8 JUMI 09 Prenca acUoom Sulaaaa a* ♦1 AJusuUM Br m 10 Brown BoSm? Br Ob> 0*l€J Br. Oh* (Mf? P C 1360 1106 NO 530 2140 SOB 3460 1 36 IS 10 M inch -1 30 Cite OOO Bff Credit SataM Br Credit Balm R*« DtllrovtU Br. Oaorf* PtaciMr153 words
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Article81 1981-06-05 8 JUKI a L An,r AMOC QM lr» m -a I'M 100 u mo Ct n n o uto«1 ntnl* M nikSer Ml iBQiQb as -a **x MM n MM ■l B i M B1 BIO icU I MM MM 1MB -a BO ur T r=oiS nwfis w» BO 11081 words
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Article98 1981-06-05 8 Q HI^KZD i.i a W iy.JNpMM—I 'ml r^' 1 JE J^j Dm ftr a» Dmu ICteM MH -H 100 J7H oncb Ot W«t UM 10 uncb OuU Oil Can MH Hom Oil *>•» 10 Ineo an lMk H Inti Nld»l ao« W Ktt Add LoMav B TH uncto mmgyy98 words
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Article220 1981-06-05 8 INDUSTRIALS A Alpha OB uncb Abarcom 4M uncb And ■0 5 Amc rm Bulow* IMO -N Op Suflmx CMA Cuitm Flnanc* M6B 236 +10 Df n»«n thh JTTSB Mean 536 tagu« fiiwdy FM Votk wo uncb rustt Oardun OtmAnl Oftumn 11MB Hippo HlwkS HuWtU Lib»nj 4H uncb •M Umrtoo220 words
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Page 8 Advertisements
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Advertisement606 1981-06-05 8 See Page 4 for Asian stocks and Page 9 for NYSE prices "The American Express Card serves you well, wherever good food is served". The Great family Do-KAburself Barbecue Ll iNSE •a st k Mr V v* > nu /.SJiKSXi > Satuday nW*. PootsJde at the Oberoi lust choose «<hat606 words
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Advertisement257 1981-06-05 8 •J V 5 f This is Thai Seafood at its authentic bast So (rash, it could hava been alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods eipertiy prepared by Thai chefs in our kitchen Siamese Seafood Restaurant fwTmt Oxiey RiM/P«nang Road. Singapore257 words
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BANKING AND FINANCE
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Article355 1981-06-05 9 HIGH Swiss interest rates and increasingly discriminating investors are forcing Swiss banks to slow the pace of their bond issuing activity for foreign borrowers. In the public sector total issue amount fell sharply to 410 million francs in May, from 715 million in April. So far, there are355 words
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MONEY AND EXCHANGES
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Article495 1981-06-05 9 THE US dollar was generally stronger on the local foreign exchange market yesterday. It opened on a firmer note against the Singapore dollar at 2.1590/10 because of firmer Fed fund rates. The dollar was traded to a low of 2.1580 but closed slightly higher at 2.1600 10. The495 words
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Article266 1981-06-05 9 SINGAPORE gold futures yesterday closed sharply lower compared with overnight levels in light trading, dealers said. Prices weakened on some local selling, with market sentiment depressed by the strength of the US dollar and the Mexican decision to cut oil prices, they said. Total sales for the day was266 words
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Article39 1981-06-05 9 Wei TIM New York 10 22B 10 48B 1042S 10 6KS Zurich 10 40B 10 40B 10.60S 1060S Thurs Wed Singapore 1030B 1050B 1050S 10.70S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore39 words
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Article172 1981-06-05 9 The US dollar for overnight delivery yesterday closed at 224.80 yen compared with a 224.60 opening here, a 224.45 60 closing in New York, 224.50 70 on the West Coast and 224.40 here on Wednesday, dealers said. Trading was active with volume US$l.2B billion. The dollar was firmer throughout172 words
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Article22 1981-06-05 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.71 per cent.22 words
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Article188 1981-06-05 9 ASIAN ASIAN currency deposit interbank rates as at close on June 4. US Doll*r»(Spot> Offer Bid 7 days IB 18"1 month 18 13/16 1811/16 2 months 18 18'. 3 months 18 7/16 185/16 6 monU>« 17' i 17*. 9 months 16'. 16H 12 months 16 9/16 16'» Sw.Fr*. Da*. (Middle188 words
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Article51 1981-06-05 9 RANGE of prices offered by discount houses on June 4: Overnight: 6' it Call deposits: 6 n''i to 6' i'S Clonic Buying Selliaf 3-month Treasury bills 6't 6 J 3-month Bank bills 12 1/16 11 15/16 3 months CD 11'* 11'» 6 months CD 11'« U'« Source: National Discount51 words
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Article162 1981-06-05 9 STERLING yesterday continued weak against the dollar at a late 1.9800 40 compared with an early 1.9870 9900, dealers said. It was indicated at a low of 1.9760 80 at one stage with dealers attributing the decline to news of a cut in the Mexican oil price. The Hongkong162 words
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Article139 1981-06-05 9 STERLING fell to its lowest point against the dollar since December 1978 when the US unit opened stronger against all leading currencies here, dealers said. In nervous early trading the pound fell to 51.9650 70 after opening at 1.9730 50. The early selling came after sterling's lower opening quotes139 words
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807 1981-06-05 9 NYT BANKS have hardly been bashful about trumpeting the frequent changes in their prime lending rates, traditionally the lowest rate available to the most creditworthy corporations. But ask a banker what that rate represents today and he suddenly becomes tonguetied, ducking behind definitions scarcelyNYT - 807 words
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Article260 1981-06-05 9 Reuter JAPANESE city banks will request the Finance Ministry to expand quotas for the floatation of yen certificates of deposit to 1M per cent of each hank's equity tram the present 54 per cent, starting next month. The eqnlty comprises share capital pins reserves. QuotasReuter - 260 words
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Article99 1981-06-05 9 AFP PERSONAL savings In Japan rose by 32,500 billion yen n fiscal 1980 to 304,600 billion yen at the end of last March, up 12 per cent from a year earlier. The increase was 5.2 per cent more than that for fiscal 1979, Bank of Japan officialsAFP - 99 words
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Article1110 1981-06-05 9 NEW YORK MARKET THE NEW YORK stock market on Wedesday recovered some of its earlier losses in the final hour of trading but still finished lower, led by weakness in oils. Oil issues came under pressure in the morning on news that Mexico lowered its oil price1,110 words
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Article389 1981-06-05 9 ALVIN TAY - By ALVIN TAY HIGH interest rates in the US since the beginning of this year have made floating rate notes more attractive than fixed rate bonds, judging by the number in the Singapore-based Asian dollar bond market this year. Seven issuers have tapped the market.389 words
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Article172 1981-06-05 9 THE JAPANESE government's Overseas Economic Cooperation Fund (OECF) said it may raise interest rates on its loans to developing countries unless the government takes steps to lower the cost of its funds. The OECF plays a leading role in Japan's official development assistance (ODA) by supplying172 words
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Article52 1981-06-05 9 THE UK government has increased the borrowing limit of British Telecom (BT), the state owned telecommunications monopoly, by £200 million to £380 million to enable it to maintain its investment programme. Industry minister Kenneth Baker told Parliament BT plans to invest just over £1 billion in the current financial52 words
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Article152 1981-06-05 9 Reuter INDONESIA is gaining increasing confidence from floating bonds on the international market and will continue regular testing of the market. Finance Minister Ali Wardhana told parliament that since 1978, it had floated six different bond packages in five countries. Mr Wardhana said compared with itsReuter - 152 words
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Article120 1981-06-05 9 Reuter SAUDI Arabia and some other countries would cut their oil production if Iran and Iraq ended their war and increased their oil exports. Saudi Arabian Monetary Agency (Sama) governor Abdul Aziz Alquralshi said he agreed with a suggestion by former International Monetary Fund managing director JohannesReuter - 120 words
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Article118 1981-06-05 9 AFP IRANIAN Flaaaee Minister Mr Homeiu Nanuud has called for the resignation of the Central Baak governor on groands of incompetence. Mr NamaJ charged that baak governor Mr Ali Resa Nobarl was incompetent, had taken decisions contrary to government policy and had failed to meet his obligation toAFP - 118 words
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Article156 1981-06-05 9 AFP THE FOUNDING founding document of an Indonesian joint financing company was signed in Jakarta earlier this week grouping state and private banks into one body for joining the Asean Finance Corporation (AFC). The company called "Sarana bersama pernbiayaan indonesia" (SBPI) is capitalised at 6.7 billion rupiahsAFP - 156 words
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Article42 1981-06-05 9 THE ISLAMIC Development Bank of Saudi Arabia has lent Bangladesh USJ2S million. It will be used to import Saudi Arabian crude oil. The same bank had already financed commercial operations worth about $167.5 million for the benefit of Bangladesh.42 words
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Page 9 Advertisements
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Advertisement190 1981-06-05 9 Bank of New South W&les will put you right sx* in the picture on foreign exchange. ■»paL The Bank of New South Wales deals with every major money market around the world, with a team of financial experts to give you up-to-the-minute quotations on rates worldwide. We trade on a190 words
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2028 1981-06-05 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Acmt (16)2,028 words
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Article189 1981-06-05 10 SINGAPORE UNIT TRUST (MlMfcn* prWa far Ju I) TV Commerce 3.81 4.01xd The Savings Fund 2.17 2.28 S pore Prog Fund 167 175 S pore Sec. Fund 2.54 2 67 S pore Invest Fund 2.50 2.63 S pore Equity Fund 1 60 1 68 DIAMOND MOT STORE (Maaage**'189 words
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Article2793 1981-06-05 10 1981 High Low Company Last Sale orGr'« Div Div CVT Gr'a Y'ld Net P/E Vol cooo) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 450 334 312 420 200 470 950 605W 430 320 130 161 330 110 360 650 322 360 Acma Alcom Allied Choc BAT Bata2,793 words
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Article2250 1981-06-05 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 INDTBTUAU3 Anna (4 20B) cd MBBBI (3.705) (4) 384 (2) 3 942,250 words
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Article, Illustration789 1981-06-05 10 THE RELAPSE which followed on the heels of the sharp recovery experienced at the beginning of the week was extended yesterday and the stack exchange remained dominated by bears. Investors generally seemed inclined to liquidate and prices closed on a mixed to easier note.789 words
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Article545 1981-06-05 10 AFTER lying low (or several days, sellers again came to the forefront to push prices generally lower in slower trading at the Kuala Lumpur Exchange yesterday. This came following the easier afternoon close at the Singapore market on Wednesday. From the opening bell, prices steadily weakened545 words
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COMPANY NEWS
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674 1981-06-05 11 CHRIS LIM - By CHRIS LIM TAT LEE Bank Ltd, whose net profit from its banking operations last year increased by a remarkable 74.3 per cent to $10.60 million, will in the immediate future have its income supplemented by its property projects. The bank is constructing a674 words
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Article741 1981-06-05 11 mm HOCK LOCK SIEW IT'S NOT fresh news that Sim Lim Investments has been negotiating to sell its South Buona Vista Road property. What would be news now is that the company has already sold the piece of property at a handsome profit, but sadly, Sim Lim hasHOCK LOCK SIEW - 741 words
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Article137 1981-06-05 11 BOUSTEADCO Singapore Limited: AGM to be held at 1st Floor, Maritime Building, Collyer Quay, Singapore 0104 on June 5 at noon. SIN Chew Jit Pah (Singapore) Limited: AGM to be held at the Company's Premises at No. 19, Keppel Road, Singapore 0208 on June 5 at noon. C137 words
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Article225 1981-06-05 11 THE ENTIRE SI mllllM shares to be tamed under Singapore Has Service's righto Issue of oue-for-one at $2.4# each will he uadcrwrttten by the Development Bank of Singapore al a commission of 1.25 per cent of the total Issue price. After deducting the underwriting commission and other expenses,225 words
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Article859 1981-06-05 11 WONG SOUK YEE - THE WAS *7% By 1 WONG SOUK YEE MAY IS supposed to be the month when all plants and animals come to life again after the wintry season. But not for the bulls. The stock market's cycle apparently does not coincide with nature's four seasons. After the heated859 words
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175 1981-06-05 11 PRIMA Flour Mills intends to diversify into residential properties, the company disclosed late yesterday. The company plans to enter into a joint venture with Supra Ptd Ltd to develop two parcels of land at Lorong How Sun. No details were given as to the175 words
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LATEST RESULTS
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Article35 1981-06-05 11 made pre-tax profits of M 54.3 million for the year ended Dec 31, 1900 against $3.2 million previously. A first and final dividend of 15 per cent has been recommended.35 words
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46 1981-06-05 11 reported a pre-tax profit of MJ4 47 million for the year ended Dec 31, 1900 compared with $3.6 million previously. Turnover was $90.5 million against $76.6 million in 1979. A final dividend of 10 per cent has been proposed.46 words
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Article110 1981-06-05 11 achiev- Ed a 40.7 per cent rise in pre-tax earnings to $3.73 million for the year ended Dec 31, 1900. It has maintained its dividend at 12.5 per cent. Its one-for-four bonus issue will be capitalised from the total capital reserve of $2,143 million and $1.52110 words
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29 1981-06-05 11 have recom- mended a dividend of 10 per cent less 40 per cent tax in respect of the financial year ended Dec 31, 1960.29 words
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Article328 1981-06-05 11 TRACTORS Malaysia Holdings Bhd will utilise the M 559.85 million raised from its one-for-eight rights issue to reduce short-term borrowings of $111 million. In a rights issue document to stockholders, Tractors said: "The increase in the company's share capital generated through the rights issue will place328 words
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272 1981-06-05 11 HAW PAR Brothers International, the subject of a takeover by the United Overseas Bank group, has appointed Wardley Ltd to be the independent adviser in respect of the proposed offer. Until UOB's subsidiary, United Overseas Securities Ltd, has despatched its Notice of Takeover272 words
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Article146 1981-06-05 11 DUNLOP Holdings Ltd profits so far this year are below the corresponding period of 1900 chairman Sir Campbell Fraser said in London, but noted that the recession in the UK last year only began to bite hard after the end of the first quarter. He told the annual146 words
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Article378 1981-06-05 11 Date Last Fall Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Div. Profit <S1«> A Hitam Tin I 4/3 123.9 205.0 22.028 Kesang Tin Public Bank F F 5/5 15/5 27.2 7.5 64 5,442* S P Textile I 17/5 20.2 10.0 5,120 KG Hldgs F378 words
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Page 11 Advertisements
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Advertisement134 1981-06-05 11 Appointment L? A MAJOR INTERNATIONAL BANK WITH A RESTRICTED BRANCH IN SINGAPORE Invites applications for COMMERCIAL OFFICER OFF-SHORE OPERATIONS Candidates must have knowledgeable experience in banking especially in the areas of foreign exchange and credit evaluation. The position requires a person with experience in the management of offshore financing operations134 words
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Advertisement465 1981-06-05 11 NOTICES r. (taw pgr HAW PAR BROTHERS INTERNATIONAL LIMITED To the shareholders The Board of Directors received the following letter from United Overseas Securities Limited (a wholly owned subsidtary of United Overseas Bank Limited) on 3rd June, 1981 "This is to inform you that United Overseas Securities Limited ("UOS") has465 words
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489 1981-06-05 12 AFP FORMER Selangor Mentri Besar Datuk Harun Idris, who is now in prison, is expected to challenge Dr Mahathir Mohamed at this month's election of the president of the United Malays National Organisation (Umno). In a front-page report in Kuala Lumpur yesterday,AFP - 489 words
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200 1981-06-05 12 AFP FOLLOWING the recent spate of robberies, premium rates on insurance cover against robberies at jewellery shops in Kuala Lumpur have gone up quite substantially since late last year. The rates now are 3 to 5 per cent of the value of the insurance coverAFP - 200 words
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196 1981-06-05 12 NYT THE US Treasury Department plans to issue new regulations in the next week ordering banks and others to surrender most of the approximately US$4 billion in Iranian assets that are still tied up by court orders in the US. The purpose isNYT - 196 words
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Article809 1981-06-05 12 LONDON, Thurs. UK government bonds fell as much as two points today with the weakness of sterling dominating market sentiment. Equities were, however, buoyed by increased export possibilities, dealers said. At 3pm, the Financial Times index was up 8.2 points at 554.9. Gains among equity leaders ranged to809 words
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Article261 1981-06-05 12 DR LAW Sony; Seng, a senior lecturer with the National University of Singapore, has assumed the post of director of the Vocational and Industrial Training Board. He took over on Jane 2 from Mr Lim Jit Poh, who was transferred to the National Productivity261 words
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209 1981-06-05 12 THE MEMBER of Parliament for Punggol, Mr Ng Kah Ting, will ask the Minister for Labour at the next sitting of Parliament why contributions to the Central Provident Pond are being increased by another 4 per cent despite the Government's past assurancts. Mr Ng209 words
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Article92 1981-06-05 12 AP NEW YORK, Thurs. The stock market turned higher this morning as oil stocks continued to recover some of their previous losses. The Dow Jones average of 30 industrial stocks rose 0.55 points to 990.26 in the first half hour, with advances taking an almost 2-to-l leadAP - 92 words
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388 1981-06-05 12 AFP ASIA continued to show economic resilience last year, the European-Asian Bank said in its annual report released in Hongkong yesterday. Real economic growth of Asian countries as a whole averaged an estimated 5 per cent last year despite the staggering cost of oilAFP - 388 words
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223 1981-06-05 12 AFP FRANCE will boost its trade with Asia under the new government of President Mitterrand, French Consul-General Georges Egal said in Hongkong on Wednesday. He also indicated that Paris had decided to double its aid to the Third World, which he said includedAFP - 223 words
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Page 12 Advertisements
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Advertisement87 1981-06-05 12 Are you getting only this size? Get twice as much with the world's smallest copier that copies up to A3! Canoti UI3M plain paper copier Copies any size from B5 up to A3 •20A40r 11 A3 copies per minute Micro-computer control centre Touch-sensitive operation panel Toner Projection System, that ensures87 words
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Page 12 Miscellaneous
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Miscellaneous63 1981-06-05 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few areas around midday. Report for 24 hoars prior to 7.39 pm on Jane 4 at the airport. Maximum temperature 32.9 Associated humidity 64 Minimum temperature 24.5 Associated humidity Hours of sunshine 8.05 Rainfall in millimetres.... Trace63 words
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SHIPPING TIMES
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358 1981-06-05 13 ABOUT 70 per cent of all intrinsic cargo losses are preventable and of these an estimated one third involve theft, pilferage and non-delivery. To reduce such losses, the prudent shipper should put in more effort in packing, protecting and marking of goods, said Mr358 words
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534 1981-06-05 13 JUNE LIM - By JUNE LIM OLDER, uneconomic and environmentally outdated tankers should be scrapped to solve the current problem of overtonnaging. This proposal was made by Mr Alan Strevens, director of J I Jacobs Co Ltd (UK) when he presented a paper on "Prospects for tanker534 words
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PORTSIDES
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Article33 1981-06-05 13 Reuter SHIPPING clerks at Sydney's Glebe Island Container Terminal have called off a strike. Their strike over manning levels had delayed two ships from unloading at the terminal. ReuterReuter - 33 words
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Article77 1981-06-05 13 Reuter BRITISH Shipbuilders (BS) said its Cammell Laird Shipbuilders Ltd, Birkenhead, subsidiary will build a US$l25 million semi-submersible drilling rig for Dome Petroleum Ltd. The rig has been contracted by Sovereign Oil and Gas Ltd, in which Dome is a substantial shareholder, to drill exploratoryReuter - 77 words
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Article77 1981-06-05 13 AFP THE opposition Panhellenic socialist movement will not nationalise the Greek merchant shipping fleet, the third biggest in the world, if it wins the next general election. The head of the Greek Shipowners' Organisation, Mr Karageorgis, said assurances on this were given recently by the socialist movement'sAFP - 77 words
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Article63 1981-06-05 13 Reuter THE Australia /Middle East Gulf Conference said it will adjust its currency adjustment factor for shipments from Australia to minus 6.16 per cent from minus 3.55 per cent, effective July 1. For the Australia Northbound Shipping Conference, it will introduce a currency adjustment factor of minusReuter - 63 words
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Article609 1981-06-05 13 Shipping Liae Page CM Arhipeiego vn Adriatic VI Afea VI Afro-Eurasia vm A1 Navigation VI Alfred CT vm AU trans VI Alpac VI Angkutan VI Angonave vm ANL i Antoll vm APL m Argentine IV ASCL m Asia Merchant VI Bait-Orient vn Bangladesh VI Bank Line V609 words
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Article377 1981-06-05 14 A PROPOSED new European Economic Community (EEC) competition rules covering shipping will be published soon. The Council of Ministers will be sent a draft regulation by the commission when work is finished on sifting through legal documentation. Mr John Pearson, head of the shipping377 words
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Article1048 1981-06-05 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 Neptune Jade 2E 4.6.81 2359 Neptune TA 3 TT Sovereign Accord 43B 4.6.81 0600 Orient Lloyd TA 4 VC BungaPenaga 22B/23A1,048 words
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Article1537 1981-06-05 14 ACTIVE time-chartering featured an otherwise rather subdued freight market on Wednesday with Japanese charterers arranging a 15,000 tonner for vehicles from Tokyo Bay to West Africa at U556,250 daily, while a 33,000 tonner from South Japan to east coast Mexico with pipes paid 18,900 daily. A 40,000 tonner1,537 words
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Article524 1981-06-05 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barber Perseus (RO RO) (1200 after Grace Canna sails starboard alongside Hong Yin shifts) 46 Builder II (0700 22 Cherry Singa (0800 tide) 27 28 Dong Won (1100) 18 Grace Canna (RO RO) (0100) 47 Hong Yin (1100 shifts) 42 43 Hannah524 words
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Article, Illustration216 1981-06-05 15 Fairplay SOPHISTICATION of the fleet of the People's Republic of China continues with the placing of a firm contract for three self sustaining cellular container ships from West German builders. A further three similar vessels are also believed to have been negotiated with another WestFairplay - 216 words
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408 1981-06-05 15 THE Japan/Thailand Freight Conference (JTFC) has started studying the implementation of "competitive" rates to counter non-conference activities following the opening of a full-fledged full container service by some of its members on the Japan/ Thailand route. Six JTFC lines Kansai Line, Kawasaki Kisen Kaisha ('K'408 words
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311 1981-06-05 15 Reuter FREIGHT rate increases and surcharges by shipping conferences have eroded the competitiveness of Asian commodities in world markets. Malaysian Deputy Minister of Trade and Industry Dato Lew Sip Hon said. Dato Lew, who is also chairman of the Malaysian National Shippers' Council and theReuter - 311 words
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587 1981-06-05 15 Fairplay FOLLOWING the recent resurgence of interest in segregated ballast systems, a Canadian naval architect has produced a patented design that he claims would substantially increase the cargo carrying capacity of a standard segregated ballast tanker. This has been effected by allowing for oilFairplay - 587 words
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1182 1981-06-05 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. PN1,182 words
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Article897 1981-06-05 20 SHIPPING in Asia is steady. More ship management companies are locating in Hongkong and a few are expanding their operational bases in Singapore. The ship and refitting market is also enjoying an increase of business. The tug and barges sector is also gaining popularity particularly in the inter897 words
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Page 13 Advertisements
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Advertisement365 1981-06-05 13 vO^S Europe Our Next Loader Port Kelang; LI q/c Singapore: 1 For further details, see page V «P» ARI )1 1 AN I AH Orient Overseas Co*ilci*ieA Line FULLY CONTAHERISED SERVICE TO EUROPE (VIA SUEZ) fa 6/6 0700 MRS FULLY CONT AMERCED SERVICE TO THE MDOLE EAST Closing tunes Fa365 words
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Advertisement292 1981-06-05 13 SSEALORDU UASC UNITED ARAB SHIPPING CO (SAG) LiVj'lLl *\l iJ Iraq carro acceptable intransit Vessel •bahzan v.is 'Ctainf times: FCL 9/6 1200 MRS LCL 8/6 2359 HRS ADORIYAH V.14 AL WATTY AH V.14 JEBEL AH V.16 mi IRECT EXPRESS MULTI-PURPOSE SERVICES ri»T!'rT7i*T: BN HAYYAM V.35 IS/6 I Mina Qaboos (30/6)292 words
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Advertisement20 1981-06-05 13 ffiBUDB CONTAINER Schedules II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII ORIENT Exchange VIII20 words
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Advertisement664 1981-06-05 13 t Australia Our Next Loader Port Kelang:, n/b Singapore: For further details, see page V I*l MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF. ATLANTIC, EAST CANADA. ASIAN PORTS Feeder Veaacl i>r .1.. R.i i. 1.1 Ktl&ng Pen&ng Saied 8-9/6 15-16/6 22-23/6 29-30/6 7-8/7 -13-14/7 20-21/7 29-30/7664 words
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Page 14 Advertisements
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Advertisement854 1981-06-05 14 Mißcmm MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Container Serrice To Europe Feeder *P Keiang Vessel S pore 1) MseiUes 2) Rdam 3) H'burf 4) Gbu B PENAGA In Port854 words
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Advertisement236 1981-06-05 14 BBS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA Is/i i/I »/i 17/4 19/ C a/» a/i 1/7 4/7 S/f 11/ l 11/ l IS/I 14/1 a/i a/i a/i 1/7 11/7 12/7 11/7 HH jyutfVAiS "BARBER PERSEUS" k>» 5 "BARBER MENESTHEUS" 5 "BARBER TONSBERG" M> 17 "BARBER TENNESSEE" km236 words
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Page 15 Advertisements
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Advertisement591 1981-06-05 15 OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK/CONTINENT: snumcQMON •strawy* TOHGO MAJtU SINGAPORE MANSFELD CONTAINER SHTPWG PTE LTD K LUMPUR CONTAMR AGCNCIS SON BHD P KELANG CONTAINER AGENCES SDN BHD PENANG BOUSTEAD SHPPWG AGENCES SDN BHD Australia Straits Container Line591 words
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Advertisement358 1981-06-05 15 NOTICE jrOAAMAIIVK FULL CONTAINER SERVICE INDIA/PAKISTAN/SINGAPORE SERVICE NORASIA LINE HAVE PLEASURE IN ANNOUNCING THE INAUGURATION OF THEIR INDEPENDENT FORTNIGHTLY INBOUND SERVICE FROM KARACHI AND BOMBAY, COMMENCING WITH THE "ANANGEL ENDEAVOUR" SAILING FROM KARACHI 3RD JULY AND BOMBAY STH JULY For all enquiries contact agents INTRASEA (PTE)LTD Fabar Houm, 234E Orchard358 words
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Page 16 Advertisements
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Advertisement624 1981-06-05 16 Hapag-Lloyd "Mso accep«n* translmment cargo tor CARIBBEAN/WEST MOKS «a Hamburg Soptue (hetimers Mai Riclimefs TO USA/CANADA El S pore P Kelang 9/6 U/6 14/6 20/6 22/6 FtflM NORTH-EUROPE FROM MEDfTERRAICA Sanaa Trieste Seigap Meter—i 21/5 25/5 9/6 Mart tow Mm 31/5 4/6 18/6 Ere* lon 12/6 16/6 30/6 FROM USA/CAIMOA624 words
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Advertisement513 1981-06-05 16 KOREA P. Ketone PENANG VEGA 161* 28 June/2 July 3-5 My SHIPPING CORPN STORE 7-10 My FROM BUSAN BANGKOK VEGA 162E 28 June/2 My 3-5 My 7-10 My TO BUSAN ALTAR 165* 10-13 My 14-17 My 18-22 My FROM BUSAN BANGKOK ALTAR 166E 10-13 My 14-17 My IS-22 My TO513 words
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Advertisement528 1981-06-05 16 EVERGREEN LINE f FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON, lONOON. MANCHESTER. BIRMINGHAM. BRISTOL, LIVERPOOL. GLASGOW. LEEDS ETC. WEST GERMANY BREMEftHAVtN, OSLO. STOCKHOLM, GOTHENBURG. AARHUS, COPENHAGEN HOLLAND AMSTERDAM S'm MM HmMwi MWI f*s«w Umi l« Nn uim u/i a/i 1/7 «n *p *p528 words
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Advertisement1007 1981-06-05 16 fi jßk "BURMESE NATIONAL LINE" ft 9 LOADING FOR RANGOON K tadurim A K sp»» m«N 'w«i 50 HT«i*WTW* rrm/7 km K PHASHWGtAWTWI 14/15 lM> 9 N 11/ 70 Mm K E 2J/H fa. M m BFSSC Agents «i Moioyvo BOUSTE AD SUPPING Qf XS~7\ TEL NOS KL *****2/*****9 JP1,007 words
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Advertisement446 1981-06-05 16 r mO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD. 31 SANKYO LINE JAPAN/STRAITS SERVICE gekral agents ocean shppmg a —WP pte ltd SBKAPORE m ******4 O A 22*1370 K iUM ID. 414(44. *****1 CONTMO BOOMS SUB AGENTS P KELANG OCUM SWPMG STOK TEL *****44/7 nut.l comma r kelamg m m my* CAST446 words
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Page 17 Advertisements
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Advertisement753 1981-06-05 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIDAH, JEOOAH AQABA (Reefer Cntrs Acceptable) A Accepting LCL Cargo to Colombo A Aqaba. *FCL Closing 16/6 2300 Hrs. S E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' VESSEL NEP TOPAZ NEP ZIRCON NEP TOPAZ NEP ZIRCON VOY. 42/43N 42/43N 445/45N 445/45N MANILA753 words
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Advertisement958 1981-06-05 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO EUROPE Spo't P Cit» of fdmtwt* 5/C Brtmtn (lprtu Btnjiron 13/ C Kowtoon Si, li t Honjkonj Ciprfis 27/t Hjmbwj CipftH 4/7 lokio (linns 12/7 Pwum, turopt Pn» f jmdy Act 9 f Benjron Glory Act It 6 Honjtonf Cherry Bwf>958 words
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Advertisement735 1981-06-05 17 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN i Jr i B Pf NASA Pert 6 OAK I* 12/6 t PIHA&A 19/6 B DAHItA 20/6 B PfNAGA 3/7 I DMIA 10 > B PINAGA 17/7 B OAMIIA 74 7 B PfNAGA 31/7 Acceptmt to 1) Barcelona Um Leghorn 7)735 words
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Advertisement580 1981-06-05 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION A S. AFRICA AFRICAN EXPRESS Also accepting FCL containers. Spore: 9/11 June (looding direct for Reunion, Durban and Capetown only) Lukes Linos U.S. WEST COAST SERVICE to DHrt trooi SfO LDdi SPORE St* Tac VBC LESUELYKES 13/6 9/« 17/7 12/1 13/t 16/1 ASHLEY580 words
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Page 18 Advertisements
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Advertisement780 1981-06-05 18 ■k K line KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA Cmttn Mo Beriw. St M tar (MM. Internum. MM. Hwta Galmton. New Orteam TO EUROPE (acce»Mc carton I* Scatem m Hm*w|) FROM EUROPE TO FAR EAST *Y Hame P Kelant S pore H'Kong Osaka Tokyo K.6NKTK 4/4780 words
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Advertisement615 1981-06-05 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE loa*« tor lOS ANGEUS SAN FRARCJSCO. SE ATTU TACOMA. »WCOUy{« IC Acceptng FCI/fCI Minn P injaecrf I Angeles -»«Bsa- It Mr 11 Mr 6A«g AUSTRALIA EXPRESS CONTAINER SERVICE Accaptng fa/fa CalMn NEW ZEALAND SERVICE tm omm tmuTMi mlukton. moumb hciihi Fa/ra ci—i OMMD615 words
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Advertisement378 1981-06-05 18 T t S A(ir(Ml|) SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR. OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINES! GENERAL *****1 Il« LINESI TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6B A BCARSHIP CABLE CARGOSHIP oral ICe«|ioiial Container liiiies WEEKLY CONTAINER SERVICE to/from BANGKOK BANGKOK 1/9 toi 11/11 km 16/17378 words
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Advertisement626 1981-06-05 18 KORINS MARITIME SERVICES Room 601. ICB Building, Shenton Way. Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES Tso.' Hyundae Shipping Co. Lid. HAN YONG HAN SOO. HAN GARAM... Y'hama Kobe S'pore P. Kelang Loading for: 6 Jun 8 Jun Discharj 10 Jun Kuwait/ 15 Jun D'bai/Ki626 words
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Advertisement810 1981-06-05 18 ♦I INTRASEA (PTE) LTD. UJI Faber House 234E Orchard Road Singapore 9 Telephone *****11^*****57 REGULAR OWOBUtT BREAKBULK SOTO TO EUWPE/1* S pore P. Kelanj Penanf Loadnf (or: WORLD SIM *****. NOR ASIA ***** NOR ASM ***** A(«nts Sntapvi K law 10 A* 7 tun BOULOGNE/RDAM/UK (MM) (U )U (to 6810 words
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Page 19 Advertisements
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Advertisement537 1981-06-05 19 J I Also accepting cargo to/from Scandinavia K JACEWON S'pore Closing Times: FCL Cargo 0800 6/6 LCL Cargo 2000 5/6 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E. Malaysia TO WEST COAST (USA)/CANADA LCL cargo acceptable to Seattle. Oakland. S. Francisco. Long Beach.537 words
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Advertisement304 1981-06-05 19 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG NAZAKAT 15/6 Loading For Dammam MALDIVE NOBLE 6/6 In Port Loading for Karachi/Muscat/ Dubai/Dammam MALDIVE PLEDGE 18/6 Loading for Jeddah MALDIVE UNITY 15/6 Loading For Colombo/Karachi MALDIVE ■(PORTE* In Port Loading For Male MALDIVE PRIZE 18/6 25/6 Loading For Sharph MALDIVE304 words
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Advertisement253 1981-06-05 19 NOTICE SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGAPOK Tetei Numbers RS 213«0 RS ***** RS ***** P KELANG M/S SMARMAT NAH SOON SOU M. IST AND 2ND FLOOR. NO 1. JAIAN CEMPEMNG. PORT KLANG253 words
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Advertisement52 1981-06-05 19 ■.t. "CHIDAMBARAM" VOY: 117 mlw< M Jut, mi. a» PAA. Oriiw Mm. tt/tt General Survey of damaged cargo ex the above venel will be held on Monday 9th June. 1981. tram 9.00 a.m. to 5.00 p.m. No further wrvey win be held after thia date. R. JIMASOV SONS (PTB) LTD.52 words
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Page 20 Advertisements
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Advertisement731 1981-06-05 20 tUmload Eipress Bet*een Mesl And Easl Mjiayv 'Accepting Heavylitt up lo 18 ion flTl SHIPPING TRAOiNG SON BHD MB Leboh Berangan Port Keiang Tel JBBBy2 *****3 *****8'*****6 Tu MA 39b0b Penang Branch 32E 2nd Floor Prar.gin Road Per lel 04 *****2 PROSPERITY SHIPPING (PTE) LTD. ETA S PORE LOADING FOR731 words
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Advertisement518 1981-06-05 20 WEST AUSTRALIA SERVICE S par* P. Keianc Loadaig For TROPIC STAR 22 Jun 20 iun Fremantle (Broome. Port Hedland. Geraldton Sub|«ct to inducement) s pore Agents Tropic Island Shipping Co. Pte. Ltd Tel: *****77 p Keiang Agents Jamba tin Mer ah Sdn. Bhd. P. Keiang Tel: *****6/7 K. Lun*u Tel:518 words
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Advertisement270 1981-06-05 20 ft JOHORE SHIPPING m LfT 161 lAL AN TFNGKU BAOAR PORT K£LANG SJqcP* SELANGOR MALAYSIA -Jt BINTULU 11 CONTRACTORS SDN. BERHAD 37. PanAmfan Road. Kudmg. Sarawak. Id ***** THei MA ***** Eipress Car Carrier/RO-RO Service to East Malaysia BMTU.U NO 1 V4/S1 BHTULU NO 1 V: 10/81 BMTULU NO 1270 words
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Advertisement408 1981-06-05 20 Kline kinkai KAWASAKI KINKAI RISEN KAISHA, LTD. JAPAN/STRAITS/ JAPAN Fully Containerised Service Vessel Tokyo Kobe S pore Penang P Relang S pore Tokyo Kobe SSI?J! 4 10/1 12/8 13/1 18/8 /S 27/1 NOMJBATW 1/6 11/« 22/6 24/8 26/6 27/6 7/7 «/7 NORDSTAR *5 2t/6 30/6 10/7 12/7 13/7 16/7 26/7408 words
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Advertisement327 1981-06-05 20 SE WOOD LINE Bulk Timber and Plywood Service UK/CONTINENT SERVICE Sport GRAM) GLOBE M 003 SM MOUNT RAMER M. *****/6 am pm m 005 5/7 PKtianf T(.Mm SU SM NAITTES/RDM/ UK ANT/RDM/ UK/ESBJ NANTES/ROM/ UR/ESBJEXG SOUTH AFRICA SERVICE Sport PKeUnf Loada* tor: SA 001 20/6 11/6 Ranon/Owban/Capttawi SA 002 15/7327 words
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Page 20 Miscellaneous
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Miscellaneous152 1981-06-05 20 55 Regional Weather a 4 K& t il I SSg Ks $fl S2 S> \< 1K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C y Shower Weather Wind direction with speed in knots Rain L/ Goody Sky Wave Surface winds are Indicated by152 words
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