The Business Times, 23 June 1981
1981-06-23
1
22
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The Business Times
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Title Section11 1981-06-23 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, JUNE 23, 1981 60 CENTS11 words
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BRIEFLY...
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Article85 1981-06-23 1 AP NICOSIA, Mon. The speaker of Iraq's Parliament, Mr Nairn Haddad, called on Arab governments to impose an oil embargo against the United States, withdraw their funds from American banks and break off diplomatic relations with Washington. Mr Haddad was addressing an emergency meeting of Arab parliamentariansAP - 85 words
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Article77 1981-06-23 1 UPI BEIJING, Mon. The United States has received a "very strong" response from the Soviet Union through diplomatic channels over the prospect of American arms sales to China. "The Americans are getting very strong reaction from the Soviets over the arms sales," a Western diplomat said. "TheyUPI - 77 words
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Article67 1981-06-23 1 Reuter BANGKOK, Mon. General Sant Chitpatima, leader of an abortive coup last April, returned to Thailand from Rangoon, thus ending a two-month political asylum in Burma. General Sant returned under an amnesty legislation approved by the Thai Parliament on June 5 for him and seven other officersReuter - 67 words
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Article74 1981-06-23 1 Reuter LONDON, Mon. Libyan oil production has dropped sharply because of the world oil glut and customers are pressing Tripoli for a substantial price cut. The New York-based oil industry newsletter, Petroleum Intelligence Weekly, reported that Libya may be close to a decision to lower its oilReuter - 74 words
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Article60 1981-06-23 1 Reuter ROME, Mon. Developing countries are receiving only half the food aid that they are likely to need in future to feed their growing populations. At the same time world trade conditions have turned strongly against developing countries' exports, the director-general of the UN FoodReuter - 60 words
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Article56 1981-06-23 1 AP BRUSSELS, Mon. Mr Gaston Thorn, president of the European Economic Community Commission, will visit all EEC capitals later this week to explain the Commission's long-awaited proposals to revamp the group's multi-billion dollar spending policies. A spokesman said the proposals "are more ambitious" than a simple restructuringAP - 56 words
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Article61 1981-06-23 1 Reuter JAKARTA, Mon. The sending of a United Nations force to Kampuchea, as suggested by Asean may create an armed conflict in the area, former Indonesian ambassador to Vietnam said today. Mr Hardi said since Vietnam was determined to maintain its 200,000-men force in Kampuchea, postingReuter - 61 words
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Chief Price Changes
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Article137 1981-06-23 1 Rises Indices Sel Properties Loytape M Breweries 980 330 745 80 70 60 BT Indicator: June 19 June 22 *****3.76 *****5.80 Keck Sens 660 55 Industrials: 949.72 952.46 M Cement 1300 50 Finance: 1924.37 1923.86 Taiping Textile 570 40 Hotels: 1365.72 1364.36 Textile Corp Guthrie Berjnntai 555 545 1060137 words
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Article, Illustration154 1981-06-23 1 Rises Indices M Mosaics 620 100 BT Index: June 19 June 22 *****0.63 *****0 01 Keck Seng 690 50 Industrials: 1204.54 1210.16 U M works 740 50 Finance: 1944.64 1962.15 Pac Dev 1500 50 Hotels: 519.05 519.64 M Text Lien Hoe 845 420 45 40 Properties: Tins: 1229.92154 words
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Article753 1981-06-23 1 FONG MEW LENG - MINISTRY SUPPORTS PROPOSAL By FONG MEW LENG THE Government is prepared to let employers pay both the first and second tier of the National Wages Council recommended wages increases to meritorious workers only. This new scheme, proposed by employers, means that average workers will not753 words
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223 1981-06-23 1 THE decline in Singapore's merchant fleet is levelling off. The fleet now ranks 14th among the principal merchant fleets of the world. Stricter registration requirements were introduced in April 1979 in a bid to reduce the number of shipping casualties involving Singapore-registered ships. Reputable223 words
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359 1981-06-23 1 HSUNG BEE HWA - By HSUNG BEE HWA THE Skills Development Fund (SDF) has awarded $2.6 million in interest grants to 28 companies to help them automate their operations. A total of 66 applications for the Interest Grant for Mechanisation scheme were processed as at May, but359 words
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Article312 1981-06-23 1 THE Economic Development Board is beefing up its senior staff strength in the coming months to handle greater investment promotion as well as other tasks such as research and development. The board is now looking for about 15 new officers. This will boost its senior staff312 words
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Article, Illustration218 1981-06-23 1 SIB Anthony Haywtrd (mbmve), director of Gathrle Bhd of Siappm, will bMwnw the president and chief exccaUve officer af the Private Investment Ctmpuy of Adi (Plea) tram Jaaaary aext year. He repiseea Mr Kerry St JdwtM who kai held the position la Plea,218 words
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486 1981-06-23 1 LEE YOKE MENG - By LEE YOKE MENG INSURERS and reinsurers j suffered a severe setback last year with claims rising at a much faster rate than increases in premiums. Preliminary figures from the latest Insurance Commissioners' report show that gross claims on direct insurers (for Singapore business) reached486 words
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Page 1 Advertisements
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Advertisement40 1981-06-23 1 DEVELOP THE READING HABIT B Times Bookshops Tmm» Orchard i enire KolHnw* John Ullk l cut** •srtctAnsrs ci*t«i miaz* si*gatu«a M tOtOcfwd 0«c*«o «o«3 '37/722 Ocnvd Mocd T« IJ'M» IK 0523 Ci*»TR( BO«iHA HQiAi Tw DJM7 Sh»i«or ft* T« .'.-OOSM40 words
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Advertisement156 1981-06-23 1 SO YOU STILL SMOKE? THIN LIH TALK TEETH You wouldn't use a scouring agent to clean bone china, would you? It's the same with teeth. Vet ordinary toothpastes are too bland to remove tobacco film, and tea, coffee or other stubborn stains. The answer? New Clinomyn the toothpaste specially formulated156 words
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Advertisement74 1981-06-23 1 ,!{@,=&({,$:(=^]];_-/+>__&*::&$ SHIPPING TIMES START of Molti-Flbre Arrangement ta1k5................................ NEW political era dawns on Fraace 4 RUSH to instal ATMs a costly TIMES Fob's controlling stake In A H and A WReed 13 JACK Cilia's strategic stake in Haw Par................................... 1J MALAYSIA to review entire tax CROSSWORDS 8, TV AND RADIO74 words
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Advertisement78 1981-06-23 1 The Singapore's Straits Business Times World DIRECTORY at your Qf Fingertips Singapore i (Buku Merah) The reduction copier built on forward engineering. The Ricoh DTIBOOR Clear, crisp copies, even half-tones. Reduces RICOH The world's #1 copier. Success unduplicated! For more information call *****5 9 fVywy Private Limited Wywy House 17.78 words
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REGIONAL
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355 1981-06-23 2 AFP A JOINT venture to study the feasibility of converting uranium oxide (yellow cake) to uranium hexafluoride was announced in Melbourne yesterday by Conzinc Riotinto of Australia (CRA). This is expected to cost over A 5500,000 (U*****,650). The study will take about 18AFP - 355 words
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679 1981-06-23 2 AFP THE FIRST salvo was fired yesterday against some practices under the MultiFibre Arrangement (MFA) at the opening of the 19nation five-day conference on international textile trade in Hongkong. Hongkong's Director of Trade, Industry and Customs, Mr Bill Dorward, attacked the "deceptively plausible conceptAFP - 679 words
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Article174 1981-06-23 2 AFP THE Malaysian government is to take action against an English-language newspaper which it said denigrated Islam by describing a television broadcast of a Koran reading competition as boring, according to a Malaylanguage newspaper. The Minggiian Malaysia quoted Deputy Home Affairs Minister Sanusi Junit on SundayAFP - 174 words
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479 1981-06-23 2 THERE were mounting signs yesterday that the Chinese communist party's long-awaited central committee meeting had begun, but analysts still were not sure. Chinese officials disclosed last week that the more than 300 members of the central committee, one of China's highest decisionmaking bodies, had479 words
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195 1981-06-23 2 THE volume of China's foreign trade will continue to grow despite the current policy of economic belttightening officially known as "readjustment", Vice Minister of Foreign Trade Jia Shi said. In an article published yesterday, be said the policy on imparts was being changed, with195 words
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Article103 1981-06-23 2 AFP THE WORLD Bank's International Finance Corp (IFC) has set aside US$l9.3 million for a Joint venture project with seven Philippine Hunks to provide exclusive financing to projects of small- and medium-scale enterprises. The project involves the creation of special purpose corporations (SPCs) by each of theAFP - 103 words
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245 1981-06-23 2 AFP THE state-run Japan National Oil Corporation (JNOC) has agreed with China to make a basic survey oT oil resources in Ordos, an inland area of China, starting this autumn. This is the first time that China has accepted foreign bids inAFP - 245 words
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210 1981-06-23 2 AP JAPANESE industry must change the "ingrained, inherent 'buy-Japan' attitude" that has contributed to the "politically unacceptable" trade deficit between Japan and the United States. US Undersecretary of Commerce Lionel Olmer, speaking at the Foreign Correspondents' Club of Japan in Tokyo yesterday, said that ifAP - 210 words
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Article131 1981-06-23 2 Reuter JAPAN'S Mitsubishi industrial group will shortly start talks with a visiting Chinese official on compensation for the termination of its contract to build a steel rolling mill at Baoshan, near Shanghai Liu Xhinghua, deputy general manager of China's National Technical Import Corporation, arrived in Tokyo on SaturdayReuter - 131 words
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THE REGION IN BRIEF
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Article416 1981-06-23 2 Agencies INDONESIAN Agriculture Minister Sudarsono Hadisaputro has forescast that Indonesia, until recently the world's biggest rice importer, could eventually become an exporter of the commodity. Addressing a gathering in Jakarta, he said it is anticipated that this year's rice crop would exceed last year's record of 20.2Agencies - 416 words
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Page 2 Advertisements
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Advertisement236 1981-06-23 2 The pleasures of business start with Pan Am. What could be more pleasant than flying the Airline that gets you to your destination faster and more conveniently than anybody else? Pan Am has the answer. Everyday Pan Am's 7475P can take you in style and comfort on the fastest flight236 words
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Advertisement12 1981-06-23 2 FURNITURE Willi Touch of Class LUXURY INTERIORS PTE. LTD. 321, Plaza Singapura12 words
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TRADE AND INDUSTRY
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224 1981-06-23 3 COVINGTON Technologies is planning to set up a $1.5 million factory to produce its panel product which may fee used to replace brickwalls in the building industry here. The California-based company has formed a joint venture with Conpac Concrete Engineering to market224 words
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Article69 1981-06-23 3 AN Australian father of a diabetic child has invented a simple device which will help sufferers of the disease. The device allows diabetics to test their blood sugar levels at home, enabling them to control sugar levels to avoid diabetic coma. The maker of the device is Australian69 words
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Article, Illustration102 1981-06-23 3 ARCHITECTS and designers can now reduce drafting time by 80 per cent with the microprocessor-controlled Rotring NC-scriber. Developed by Rotring-Technik of West Germany, the instrument can be programmed to draw and write both horizontally and vertically. Mr Steven Goh, sales executive of Motion Smith, a division102 words
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TRADE TALK
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161 1981-06-23 3 has intro- duced the "Rapid checkout" system already in use at all 83 Hilton International hotels in 44 countries. The new procedure, which should benefit business and holiday-makers with busy schedules, permits holders of American Express, Diners Club, Carte Blanche, and Hilton credit cards to settle161 words
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Article68 1981-06-23 3 has pro- duced a new directory of its associate hotels around the world. The airline now has 125 associate hotels worldwide, catering primarily for business passengers who can book both flight and hotel with a single telephone call. The service is popular with passengers travelling to areas where68 words
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Article214 1981-06-23 3 from nine countries will be taking part in the second International Leather Fair to be held in Singapore from July 22 to 25. Eleven national pavilions representing about 100 companies will be put up by Australia, Bangladesh, Britain, France, Hongkong, India, New Zealand, Sri Lanka and Taiwan at214 words
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Article, Illustration55 1981-06-23 3 ORCHID Inn hotel has appointed Mr PhiHp Sim as its general manager from July Mr Sim has held various managerial positions with hotels in Singapore, Indonesia and East Malaysia. Prior to this appointment he was attached to the hotels division of City Developments after leaving Hollandse Club55 words
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384 1981-06-23 3 WANG LOOK KEAH - By WANG LOOK KEAH SINGAPORE will for the first time take, part in the Australian International Engineering Exhibition in Melbourne next month. This will represent a concerted effort to break into the Australian machinery market. Four large companies Bridgeport Machines Singapore, Traub, Vollmer Singapore and384 words
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Article696 1981-06-23 3 SEMINARS AND COURSES June 12-July 6: CDP Module 5 (Computer Management), NPB Cuppage Centre, NPB June 15-July 17: EDP I (Business Management) Module HI Managerial Accounting and Finance, NPB Cuppage Centre, NPB June 15-July 29: EDP II (Personnel Management) Module m Wage and Salary Administration, NPB Cuppage Centre,696 words
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Page 3 Advertisements
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Advertisement193 1981-06-23 3 Eastern Watch Peninsula Plaza~a very special place to buy a watch mm H Eastern Watch, G1 and 3 IPeninsula Plaza. I If you are thinking of buying a watch, that's perhaps the best address in Singapore to come to. ■HMflj Here you BMBi MMW magnificent choice of HH| !9j| prestigious193 words
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OVERSEAS
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Article758 1981-06-23 4 ARRIVALS Service Local Operator Number Time From PAA PA005 0010 NYC/SPO/HKG MAS MH601 0630 KUL MAS MH680 0645 KCH CTux CV796 0715 LUX/DXB SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI427 0930 BWN MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP758 words
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708 1981-06-23 4 Reuter FRANCE entered a new political era yesterday after voters gave President Francois Mitterrand a Socialist parliamentary majority supporting his reforms for the next five years. As a result of Sunday's elections to the National Assembly, parties of the Centre-right and Right lostReuter - 708 words
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Article170 1981-06-23 4 INFLATION in the US this year is likely to fall from double digits to the lowest level in four years. A projection by private economic forecasters says the inflation rate will be as low as 5.1 per cent, although most are in the 8 per170 words
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450 1981-06-23 4 NYT THE precipitous decline in American crude oil imports has significantly improved the US balance of payments, but the oil companies, stuck with millions of barrels of unsold crude, are having trouble dealing with the excess supply. Total US imports of crudeNYT - 450 words
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262 1981-06-23 4 Reuter THE OUTLOOK for European Common Market economies has improved slightly in the past few months, according to forecasts by the EEC Commission. However, inflation has worsened because of high interest rates and the weakening of EEC currencies against the dollar. An expected returnReuter - 262 words
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Article64 1981-06-23 4 THE Organisation of Petroleum Exporting Countries remained divided on Sunday over how to increase development aid to poorer piird World nations. Finance ministers of the 13 Opec countries will attempt to resolve their differences when they hold their second annual meeting as administrators of the Opec fund.64 words
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384 1981-06-23 4 Reuter THE EEC Commission has suggested holding regular informal trade talks on a trilateral basis among the EEC, Japan and the US. The Commission proposal is to be put to EEC government leaders at their Luxembourg summit later this month, and could beReuter - 384 words
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WORLD IN BRIEF
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Article397 1981-06-23 4 Agencies A SENIOR American official said in Austria on Sunday that for the United States, detente was a failure, and be appealed to Western Europe to Join the US in lacing the Soviet Union. Lawrence Eagleburger, assistant Secretary of State for European affairs, warned West Europeans notAgencies - 397 words
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Page 4 Advertisements
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Advertisement152 1981-06-23 4 w* ~V it. i m$ mm *< MMI Mint#! UD I 9 r I issss* 9 P t^ 1 NISSAN DIESELTRUCKS DONT MAKE UNSCHEDULED STOPS Model featured on the go is the Nissan Diesel CM 80H 5 5 paytoad tonner. Daaquco fllMf AfP mflHo trucks we sell, stay on the152 words
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Advertisement120 1981-06-23 4 Mi >3* 4; STHL&EAJPTE LTD Tjnit 1003. 10th Floor, Tan Boon L»«t Building. Outram Road. Singapore 0316 Tel *****47 (3 Lines) Cable STIHLSEA Te«ex: RS 2421 AfjTvu/c UP jOHANNE SBUWj tsairis presidex I'K&m 1 TMF PRFSIDIIJM DIAMOND EXCHANGE SINGAPORE: 10th Floor, Wellington Building. 20 Bid«lord Road Singapore 0922. Tefc Tate*:120 words
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Page 5 Advertisements
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Advertisement90 1981-06-23 5 I •4 If v r Vfc* TP I»T» V- SSO« Created in 1977 by MrXKilian Hennessy, for himself, as his own personal cognac Blended from over 80 aged cognacs, many very, very rare. Its colour is light, richly golden. Its taste is rounded, smooth and unexpectedly gentle Like no other90 words
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RAW MATERIALS
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593 1981-06-23 6 Reuter WORLD production of oilseeds and related material in the 1900/81 year is now estimated at 163.0 million tonnes, down 0.1 million tonnes from the May estimate, and 11.2 million below the record 1979/80 harvest. The US Agriculture Department, in its world oilseeds circular,Reuter - 593 words
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Article240 1981-06-23 6 RUBBER prices in Singapore yesterday closed slightly easier with July One RSS buyers quoted at 244.75 cents per kilo, down 3.75 cents from last Friday's close, dealers said. Morning prices were marked down about four cents on withdrawal of buyers and some stale bull selling, they said. Afternoon prices240 words
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Article307 1981-06-23 6 RAS prices in cent* per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 235.50 236.50N Int. 1 R.S.S. July 345.50 246.00 Int. 1 R.S.S. August 251.00 252.00 Int. 2 R.S.S. 224 00 225.00N UK/Coot 223.00 224.00N Int. 3 R.S.S. 218.50 219.50N UK/Cont 217.50 218.50N307 words
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Article111 1981-06-23 6 NOON SSR and 8 MR pncM yaatarday RA8 Mr (Carraat Hit) AlfUt (Forward Mtk) Bayara Sal llara Bayara l llara *****N SSR 20 (1-toa pallet) 215.00 217 00N 217.00 SSR SO (1 too pallat) ***** 214 SON 214.50 216 SON MULB SMRCV (1-toa pallat) 298.00 300.00N 300.00111 words
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647 1981-06-23 6 PALM oil has a good potential in the world oils and fats market because the average per capita consumption of oils and fats is still very low in developing countries, said Primary Industries Minister Datuk Leong Khee Seong. As these countries improve their647 words
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Article98 1981-06-23 6 THE STRAITS tin price in Pennng yesterday (ell twt cents to Ms29Jt n Idle niter easing live cento en Saturday, and remained within the ITA lewer range d trua to $31.11, dealers said. The (alls were mainly nttrlbnted to last Friday's easier Leaden advices and rednced baying, despite98 words
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Article34 1981-06-23 6 Rubber June 22 Singapore: July: 244.75 cents (down 3.75 cents) Malaysia: July: 266.00 cents (down 4.50 cents) Tin: M 529.30 per kilo (down 2 cents) Official offering: 222 tonnes (up 75 tonnes)34 words
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Article165 1981-06-23 6 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yam: China Blue Phoenix 30b 2.365; 32s 2,870, 40s 3,020 (per bale of 400 lbs). Pakttaa raw eat*—: LSS 5.91, 4F 5.90; 289F 5.9*. NT roller ginned 5.98 (per lb). CLOTH In165 words
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Article130 1981-06-23 6 Reuter MALAYSIAN processed palm oil stocks are estimated to have fallen 15 per cent to about 105,000 tonnes at end-April from March, the Palm Oil Licensing and Registration Authority (Porla) said. In its June Palm Oil Update bulletin, Porla said it estimated crude palm oil stocksReuter - 130 words
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Article175 1981-06-23 6 CHINESE Prtiiee Exehtage, Stapp*n> clsslng prices per lMk| yesterday. C«e«Mt all: Bulk fob $116.00 sellers, old drum (In second hand drum) fob $129 00 sellers, new drum fob $135 00 sellers. Capra: Mixed (loo*) $69.00 buyers. Pepper: Muntok white pepper fob Asta NLW $407.50 sellers, Sarawak white pepper175 words
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Article334 1981-06-23 6 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE. 100 per cent first class (Kangaroo) new crop 1.34, 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, Special334 words
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Article618 1981-06-23 6 COFFEE: Robusta futures yesterday ended the midday call £30 to £37 a tonne lower after reaching contract lows earlier yesterday morning on long liquidation and stop loss selling, dealers said. Turnover totalled 3,032 lots, including crossed volume of around 1500 lots. SUGAR: Futures opened steady, showing gains of618 words
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Article139 1981-06-23 6 THE Kuala Lumpur market yesterday ruled narrowly mixed despite some light covering in quiet trading, dealers said. In June, south was traded at MSI,IOO a tonne, July rose $7.50 to $1,095 while in August, south was traded up to $1,005 but closed $10 below last week and in139 words
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ASIAN STOCKS
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419 1981-06-23 6 TOKYO SHARE prices yesterday lo6t ground substantially in thin trading with many investors cautious about possible trading curbs in margin transactions due to high outstanding purchases in trading, dealers said. The market average lost a 45.71 to 7,6(8.86 with volume 230 million shares as419 words
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Article224 1981-06-23 6 THE market yesterday opened soft but firmed quickly on a wave of shortcovering. By mid-morning, trading had quieted down as the market levelled off slightly below Fridays levels. A late bout of selling towards the morning close caused the index to finish off 15 points at lunch time The224 words
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Article99 1981-06-23 6 STOCK prices yesterday closed mixed in slow trading, dealers said. Thai farmers bank rose two baht to 252, Thana Siam gained one to 90, while Industrial Finance Corp fell one to 103 and Siam Cement dropped two to 212. Rama Tower closed unchanged at 67 baht. m -o-s Bunckok99 words
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Article59 1981-06-23 6 j uk* a >**M T~ f JB MM unch Si 0036 unch J60C -4 AM -U UJI ♦II.M >mui >1*nui Ml 0001 Phil Onrnu itUtoa A m unch PtllWi B urr _ZZI Podeo 1M0 unch MO unch AM unch AM 0000 ten M«u*i A ten Miguel tetfnmi ass AM59 words
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Article329 1981-06-23 6 THE Sydney sharemarket yesterday continued its downward drift as the resources sector again failed to come up with news which would offset the bearish effects of rising US interest rates, dealers said. The All-Ordinaries index eased 2.9 points to 705.2 to reflect a general lack of interest. Among the329 words
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Article29 1981-06-23 6 H.K.HANG SENG Monday 1677.36 Friday 1715.81 Week Ago 1588.90 AUSTRALIAN INDUSTRIALS Monday 750.8 Friday 753.7 Week Ago 744.7 ALL ORDINARIES Monday 705.0 Friday 715.1 Week Ago 710.029 words
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Page 6 Advertisements
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Advertisement90 1981-06-23 6 SHIP CHANDLERS-OIL FIELD-GENERAL STORE SUPPLIES BOAT EQUIPMENT ACCESSORIES PURCHASING AGENTS IMPORTERS h EXPORTERS. KV CARGO HOOK m\ j IV Ji Is DOUBLE STACKING CONES TWISTLOCKS 1 SINGLE "SARATAIYO" LIFE JACKETS STACKING CONE SNATCH BLOCK STOCKLESS ANCHOR i i BOTTLE SCREW STUO LINK CHAIN TURNBUCKLE INFLATABLE LIFERAFT SHORT UNK CHAIN WIRE90 words
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Advertisement64 1981-06-23 6 DBS interest 1 news DBS Prime 13% peranum >XDBS Head Office: DBS Building. Shenton Way. Singapore 0106. Tel: *****11 Branches AngMoßio *****56 Bedok 44M122 'BukitTimah *****55 •Buona Vista *****3 Clementi 7775/86 Haveiock 91 7277 Jurong *****77 Katong *****44 Orchard Road *****44 PicKf-ring ***** OurensAay *****2 Rorhor *****'4 Shenton Way *****1164 words
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MONEY & EXCHANGES
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Article497 1981-06-23 7 THE SINGAPORE dollar weakened against the US dollar on the local foreign exchange market yesterday mainly because the market was short of US dollars. Against the Singapore dollar, the US dollar opened at 2.1260. It was traded up to 2.1280/90 in the afternoon before closing at the height497 words
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Article135 1981-06-23 7 THE US dollar for overnight delivery yesterday closed easier at 222.40 yen, compared with a 222.50 opening here, a 223.00/20 closing in New York and 222.80 223.00 on the West Coast last Friday, dealers said. This was weaker from a 223.50 closing here on Friday. Trading was moderately active135 words
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Article22 1981-06-23 7 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.4 per cent.22 words
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Article191 1981-06-23 7 ASIAN RATES ASIAN currency deposit interbank rates as at close on June 22. US Doll»r*<Spot) Offer Bid 7 days 19<t 19 1 month 1911/16 199/16 2 months 185/16 18 3/16 3 months 18'i 18'» 6 months nn 17'. 9 months 16H 16' j 12 months 16'J 16'. Sw.Fr*. Dm*. (Middle191 words
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Article53 1981-06-23 7 RANGE of prices offered by discount houses on June 22: Overnight: V% to 6 1 1 Call deposits: 3% to 6 1 1% Cloaiif Buying Selling 3- month Treasury bills 6H 6 3-month Bank bills 1211/1012 9/16 3 months CD 12 11/16 12H 6 months CD 1113/16 1111/16 Source:53 words
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Article40 1981-06-23 7 FRANKFURT exchanges opening quotes on June 22: US 2.3560/80 Stg 4.695 705 Can 1.9665 86 D F1 89.90/90.01 S FY 115.03/14 Ut 2.004/007 F Fr 41.82/87 N Kr 40.09/13 B Fr (con) 6.113/123 B Fr (fin) —6.023/033 Yen 1.0628/3840 words
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Article255 1981-06-23 7 SINGAPORE gold futures yesterday closed generally firmer compared with last Friday s close, in quiet trading, dealers said. Opening prices were marked up between US$6 to $8 an ounce following the metal's firmness in Hongkong yesterday morning but the market later weakened marginally on light selling, they said. Total255 words
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Article45 1981-06-23 7 Prl Thorn New York 9 #>B 10 00B 10 15S 10 20S Zurich 9 85B 9 85B 10 06S 10 05S IPv4 Singapore 10 00B rn 10 00B 10 20S 10.206 Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore45 words
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Article89 1981-06-23 7 THE US dollar yesterday eased further in thin late trading, after opening easier against most major currencies yesterday morning, dealers said. The Hongkong dollar eased slightly against the US unit to a late 5.5130/70 from its early 5.5060/5120, but was still above Friday's late quote here of 5.5380/ 5420.89 words
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Article137 1981-06-23 7 THE dollar yesterday moved off its opening lows on the slight firming in Eurodollar deposit rates from their sharply lower opening levels, dealers said. Trading was nervous, dealers said. They noted factors pointing to a weaker dollar, but said operators are reluctant to move out of the US currency,137 words
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Page 7 Advertisements
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Advertisement329 1981-06-23 7 ICBS WEST INTEREST RATES 10 branches to serve you: AngMoKio Bedok Boon Lay Bukit Merah Katong Middle Road Blk 233 Ave 3 Tel *****66 Blk 416 Bedok North Ave 2 Tel *****11 Boon Lay Shopping Centre Tel *****58 Blk 162 Bukit Merah Town Centre Tel *****62 Katong Shopping Centre Tel329 words
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Article402 1981-06-23 8 INTERESTING though it may be, employers are going to have a hard time persuading unions to accept their proposal that the entire National Wages Council package, and not just the second tier, be paid to above average workers only. The unionist has a natural impulse402 words
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Article307 1981-06-23 8 WE HAVE all had to do it. More often than not, we do it while gnashing our teeth and grumbling under our breath about dim-witted bureaucrats. Filling in forms is necessary, it is the most straightforward way of getting required informa- tion. No one, not even307 words
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Article, Illustration1767 1981-06-23 8 DAVID MARSH - Not all the Bank of England's bullion reserves are in its vaults, writes DAVID MARSH. The accidents off war, collisions and weather have sent some £25 million worth to the ocean bed. DAVID MARSH FT AN ODDLY twisted gold bar, dull yellow and distorted like a HenryFT - 1,767 words
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Page 8 Advertisements
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Advertisement110 1981-06-23 8 This Advertisement appears as a matter of record only NORDRILL LIMITED I Houston, Texas U5521,500,000 Term Loans for an Offshore Jack-Up Drilling Rig under construction at Bethlehem Singapore Private Limited with the Funding and Payment Guarantee of Export Credit Insurance Corporation of Singapore Limited Managed by Den Norske Creditbank Nordic110 words
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Advertisement99 1981-06-23 8 tsJ*C£flES939£% jjfc» In PRESUXX is a unique diamond exchange system that offers I a tow transactiorvcost brokerage service for die purchase sale o» C. I A certified iovestmenfrgrade diamonds at international ba<e leva! pnor> an international secondary market which will serve tot Lather improve diamond liquidity for the investor "-XCi99 words
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Page 8 Miscellaneous
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Miscellaneous612 1981-06-23 8 -IH-OHE CROSSWORD I CRYPTIC PUZZLE ACROBS 1 Money? Crumbs! (5) 6 The logical thing to make (5) 9 Saving Grace (7) 10 He used no ABC (5) 11 How to make double profit? (5) 12 Calls endlessly (5) 13 Funny sort of cellar with some mice in (7) 15 The612 words
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Miscellaneous784 1981-06-23 8 Nuclear nightmares SOMETHING very real aad very pnsslbie It a unclear h«keuit which could wipe eat all clvlllsatton ea this glebe. TOs clear elead has been haaglag ever ear beads far the last M yean. An laehrtve leeh at nuclear warfare will be pretested la Nuclear Nightmares...7*e Wan That Magt784 words
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Article1024 1981-06-23 9 When is a bribe not a bribe in the eyes of the law? The Reagan Administration, it is reported, wants to redefine 'permissible grease payments' on the basis of their purpose and not on whose palm is being greased. But it may find thatFT - 1,024 words
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Article744 1981-06-23 9 FOBPM^j With ARJUNA Depthnews A NEWSPAPER report I read in Hongkong some time ago said the Chinese are "now deeply concerned over the country's 600 million people under the age of 30 and have launched a massive effort to redirect them." The object of rehabilitation compriseDepthnews - 744 words
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Article824 1981-06-23 9 TONY WALKER - By TONY WALKER FT "GOOD heavens, they've 1 even gel the erlekei," cem- mealed the British bastes»- mu sitting down te break- fast In Peking betel with ft j cepy of the new English- lftngnftge Chin* Daily. 1 The CklmM Dally went en sftle this menth InFT - 824 words
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Page 9 Advertisements
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Advertisement354 1981-06-23 9 i 77 ■f T A iW 4 -y V 7 t *5 1 Vn r V| N V. y r. K Every trip to North America deserves a WDnderful Copenhagen When you are flying nearly half way around the world, you deserve a break en route in Europe's most delightful354 words
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Page 9 Miscellaneous
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Miscellaneous11 1981-06-23 9 BliStoW: NeTSON Tv4e.GQOGER nefcO fOfV/ TT\«e, VOUK ORDeR P/ pis sn11 words
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INTERNATIONAL STOCKS
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Article875 1981-06-23 10 'LIKE SUMMER RAIN ON-PARCHED GROUND' NYT THE SLOW, erratic decline in interest rates of late has brought rate-respon-sive stocks into sharp focus for investors. Utility and banking issues, which along with insurance are two of the most interest-sensitive, have led the market to higher groundNYT - 875 words
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Article440 1981-06-23 10 NYT CONOCO Inc, the ninth-larg-est oil company in the US, announced last Friday that it had rejected a proposal by an unnamed major foreign corporation to buy about a quarter of its stock for as much as US$2 billion. In its statement, the oil company, based in Stamford,NYT - 440 words
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Page 10 Advertisements
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Advertisement230 1981-06-23 10 "The American Express Card serves you well, wherever good food is served" Ik 4 1 iH #1 £\ll¥£ I* i Get away to Sentosa *v Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY230 words
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Advertisement147 1981-06-23 10 lubertud ©rill PrH For lunch. For dinner. For a richly rewarding experience. Businessmen s Lunch M< >nday t< > hridcjy $19.~>0 10 serin e charge S' rt'.ss Javanese Riistaffel Saturday <V Sunday SI 50 10 service charge <«'.ss A C fllllllA I V>l 14'1*3 lit Ml V>i I l££j|| »<>■*«-147 words
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Advertisement229 1981-06-23 10 (sjff 4 5 bW Their easy style vocal harmony and wide repertoire of nostalgic oldies and popular hits will soothe you into a very relaxed mood At the Imperial Bar 800 pm to 1 00 am nightly except Sundays Unwind and rela« with a IMPERIAL BAR long cool drink Your229 words
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Advertisement144 1981-06-23 10 Inn Of Happiness Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. o Offers you an ever-changing panorama of sea and144 words
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Advertisement237 1981-06-23 10 See Page 6 for Asian stocks 9- fe The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome" Ox ley Rise/Penang Road. Singapore237 words
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BANKING AND FINANCE
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561 1981-06-23 11 NYT THE BELEAGUERED thrift industry in the United States has a lot riding on this Thursday's meeting between bank regulators and Treasury Secretary Donald Regan. It's an open question what will be decided with chances only 50-50 that the savings and loanNYT - 561 words
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Article58 1981-06-23 11 CHARTERED Bank yesterday raised its one-month fixed deposit rate from lO'/i per cent to 10 3 per cent. All other fixed deposit rates remain unchanged, that is 10 3 i per cent for 3 and 6 months, 11 per cent for 9 and 12 months. The bank's58 words
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421 1981-06-23 11 THE WORST of the inflationary spiral is not only behind us but several factors also furnish optimism that inflation is easing on a longer-term basis. This could have favourable implications for longerterm securities linked to lower interest rates and increased productivity, said Dr John C421 words
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486 1981-06-23 11 Reuter ALTHOUGH sterling has declined recently, the United Kingdom has been relatively insulated from international interest rate pressures by its strong current account performance and North Sea oil. The Bank of England noted in its latest quarterly bulletin that higher US interest rates haveReuter - 486 words
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297 1981-06-23 11 THE latniiettM t( a lowcoot termlaal la the SWIFT aetwork will Mt affect the viability of a propooed National Bunking Network, or NBN, by the Telecommunication Authority of Singapore. Commenting on the Introduction of the STIM, a primary terminal deaigiwd for smaller baaks, Telecoms297 words
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433 1981-06-23 11 SIOW LI SEN - By SIOW LI SEN THE RACE among banks to provide 24-hour automated teller machines (ATMs) is proving to be an expensive exercise. Besides the initial cost of $100,000 to $120,000 for a through-the-wall ATM, banks are finding that the rent of sites off433 words
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329 1981-06-23 11 INDUSTRIAL Bank of Japan will be the first Japanese bank this year to issue a four-year floating rate certificates of deposit. The bank announced a US$3O million offer through its Singapore branch yesterday. The issue will carry an interest rate spread of per329 words
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Article248 1981-06-23 11 Reuter COMBINED net profit of foreign banks in Switzerland rose 30 per cent last year, with cash flow rising 44 per cent and taxes 53 per cent. The Association of Foreign Banks in Switzerland gave no absolute figures, but specified that as a percentage of combined balanceReuter - 248 words
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174 1981-06-23 11 Reuter THE Philippines government has assumed control of the operations of Philippine Underwriters Finance Corporation (Philfinance) to prevent dissipation and loss of its assets. Central bank governor Jaime Laya said a government team is now examining the corporation's assets and liabilities to get the trueReuter - 174 words
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Page 11 Advertisements
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Advertisement252 1981-06-23 11 V* > V wr k w #3 i 4* V^ r X H. M 41 4 V f» 1 < J***"* I %r I >.» r V If To make flying more comfortable, we went to great lenathsand great widths." Pete Conrad Former Astronaut Senior Vice-President Dougias Aircraft Company t252 words
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1804 1981-06-23 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown la brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (4.828 4888)1,804 words
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Article192 1981-06-23 12 SINGAPORE UNIT TRUST DIAMOND MOT STORE (MiAAfCft* pfkM i far Jaa ZS) (Mseegere* prices n 5 2 The Commerce 3 95 4 1S*d Diamond S pore Fd US»100 The Savings Fund 2 28 2.40 s$2140 S pore Prog Fund 1.74 183 S pore See Fund 2.64 2.77 INCOME192 words
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Article2846 1981-06-23 12 Gr'» Gr'. Net 1981 Last Div Div Y'ld P/E Vol Day High Low Compaoy Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 490 320 Acma 486cd unch 14.5 3.2 2.9 17.4 56 490 484 Alcom 300 10.0 2.0 3.3 25.0 334 130 Allied Choc 2602,846 words
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Article1912 1981-06-23 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INMICTBIAIA Aleeai (3 MB 3.MS) (3) 3 (C) 3 82 (3) 3.841,912 words
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Article106 1981-06-23 12 DUTCH Baby Milk ladaatries (Malays) Berbad: AGM to be held at No 13, Jalan Semangat (Section 13), Petallng Jaya, Selangor on June 23 at noon. MUNDONG TaajMg Paa Campaay Berbad: AGM to be held at 7th Floor, Komplek Kewangan, Jalan Raja Chulan. Kuala Lumpur on June 26 at106 words
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Article, Illustration714 1981-06-23 12 IN b typical Maaday dmM, the stock market etattnei to glide la a traaqall state bat prices generally claaed higher. The oMndag epeaed •toady with speelal sttaattoa stocks damlaatlag the seeae while meat lasaee havered areoad last Friday's levels. The Strait* Tlmee ladaatrial714 words
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Article616 1981-06-23 12 SELECTIVE interest continued to be the main feature with share prices generally slightly higher at the Kuala Lumpur stock market yesterday. At the close, the New Straits Times industrial ordinary share index was 5.62 points higher at 1,210.16. The Malaysian Business Times index rose 21,659.38616 words
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COMPANY NEWS
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Article594 1981-06-23 13 CHRIS LIM - By CHRIS LIM UNITED Motor Works (Malaysia) Holdings Bhd has disclosed that its proposed otie-for-four rights issue and special bumiputra issue are to provide for "the continued growth and expansion of the group as well as to reduce the group's external borrowings." The two issues594 words
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228 1981-06-23 13 SUPREME Corporation has borrowed (11.5 million from American International Assurance (AIA) to finance the earlier purchase of a 21storey office complex valued at |22.5 million in the Golden Triangle of Kuala Lumpur. Supreme bought the complex for $18 million in April 1979 from228 words
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Article460 1981-06-23 13 THE KUALA Lumpur Stock Exchange (KLSE) has queried A—dated Plasties ladastrle* BM on the reason* s) for its sale of Mulia Sdn Bhd to Sohyan Holdings Sdn Bhd The exchange also asked for the proposed use of the proceeds of $1.19 million. THE last day for splitting of460 words
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Article205 1981-06-23 13 LOCAL entrepreneur Jack Chia appears to be intensifying his efforts to build up a strategic stake in Haw Par Brothers International, a company that has come under a takeover bid by the United Overseas Bank group. Mr Chia yesterday disclosed an additional purchase of 208,000 Haw205 words
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Article299 1981-06-23 13 AT the annual general meeting of Hongkong Land, parent company of Fitzpatrick's in Singapore, shareholders approved a special dividend of 22 cents per share in addition to the final dividend of 19 cents, bringing total dividends for the year to 50 cents per share, reflecting299 words
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Article141 1981-06-23 13 AFTER 10 years of intensive research and trial operation costing about $2 million, United Plantations Berhad (UP) has scored a break-through in effluent treatment in Malaysia. With the group's newly set-up palm oil effluent plant, what was a problem in the past can now be recycled into141 words
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Article210 1981-06-23 13 RALEIGH Cycles has steered itself out of the red. For the first time in three years, the company turned in a pretax profit of $1.27 million for the 13 months to January 1981, compared with the previous year's pretax loss of $520,685 for the 12210 words
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234 1981-06-23 13 TIMES Pabllahlag Bhd ku acqalred a e*atrailing stake la a small Bydaey-baaed beak pabUaklag Ann, A H aad A W Reed. la aa aaaeaaeemeat to the Staek Exekaage af Stogapere yesterday, Times Pab said its wholly swaed sabsldlary, Times Eaterprises (AastraUa), beaght234 words
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Article397 1981-06-23 13 FUSAN Fishing Net Manufacturing Berhad has provided more details to the KLSE regarding its recent acquisitions of property companies Taiping Realty and Wang Perak Construction. It disclosed yesterday that the valuation of its share at $1.60 each was based on the company's net tangible asset and397 words
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Article494 1981-06-23 13 THE CITY STAFF - By THE CITY STAFF MALAYAN Flour Mills Berhad is confident of achieving satisfactory results for the current year, said chairman Tan Sri Datuk Haji Mohamed Noah bin Omar in his annual statement to shareholders. He attributes this to the group's major expansion and diversification activities as494 words
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464 1981-06-23 13 THE profit of Negri Sembilan Oil Palms (NSOP) this year is expected to be maintained at last year's level should there be no further drop in commodity prices, said chairman Goh Tjoei Kok in the latest annual report. NSOP had earlier reported464 words
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Article149 1981-06-23 13 KUCHAI Development Bhd achieved a slightly higher pretax profit of M 51.13 million for the year ended Dec 31, 1980, thanks to firmer tin prices. Tribute income earned was lower as a result of a 14 per cent fall in tin ore production to 7,683149 words
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302 1981-06-23 13 UNITED Plantations (UP), which recently confirmed that certain parties were interested in gaining control of it, has disclosed probable reasons for the sharp rise in its share price. Replying to a query from the KLSE, UP said: "It appears that302 words
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Page 13 Advertisements
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Advertisement159 1981-06-23 13 Somebody called us busytxxjies the other day. and he isn't wrong. Our interest are so wide-ranging pages. They range from ships to fertilisers, cars to chocolates, tractors to computer systems. In short, our interests are multinational and multifaceted. With a history and tradition of entrepreneurship behind us, we are well-equipped159 words
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Advertisement115 1981-06-23 13 TODAY SINGAPORE MAKES THENEWS. From now on The Asian Wall Street Journal is printed in Singapore. With this Singapore edition, the Singapore businessman can really stay ahead. Exclusive, instant coverage of both Asian and major international markets. In fact, due to modern satellite technology the Singapore edition releases the latest115 words
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487 1981-06-23 14 SIOW LI SEN - By SIOW LI SEN IT IS time for economic cooperation between Japan and Asean countries to be translated from rhetoric into plans and programmes. This will provide the basis for the respective business communities to transform into enterprise-based business cooperation. Mr David SyCip,487 words
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Article84 1981-06-23 14 THE UNITED People's Front (UPF) has elected its central executive committee for 1981-1982. The 15 members of the committee are: Kong Seng (chairman); Haji Darus bin Shariff and Lee Mun Hung (vice-chairmen); Harbans Singh (general-secretary); Shaikh Ahmad bin Shaikh Salim, Sim Wan Khim and John Santhi Thevar84 words
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200 1981-06-23 14 AFP IRAN has prevented West Germany's Krupp steel works, in which it holds a 25 per cent stake, from dismissing 5,000 of its workers. The Iranian Minister of Industry, Mahmud Ahmedsadeh Herawi, disclosed the move in an interview with the weekly news magazine Der Spiegel,AFP - 200 words
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155 1981-06-23 14 Reuter SPECULATION that communists might be offered cabinet posts in France's new Socialist government brought the franc under renewed pressure on world foreign exchange markets yesterday. The French currency, which had opened slightly stronger in Europe in the morning, fell back later asReuter - 155 words
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728 1981-06-23 14 NYT THERE is concern in the US these days that a moderate stock market setback could lead to massive liquidation and a serious bear market. Near record levels for three key statistics are contributing to this concern. They are broker loans, theirNYT - 728 words
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Article376 1981-06-23 14 Reuter AYATOLLAH Khomeiny sacked President Abolhassan Bani-Sadr yesterday, thus neutralising the last power centre independent of Iran's ruling fundamentalist Muslim clergy. A brief announcement by the official Pars news agency said the 81-year-old revolutionary leader ratified the overwhelming decision of the Majlis (Parliament) to impeach MrReuter - 376 words
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Article893 1981-06-23 14 LONDON, Mon. Share prices gained slightly in fairly quiet trading today with the expectation of lower US inerest rates the main factor for the market, dealers said. At 3pm, the Financial Times index was up 2.3 points at 543.7. News late on Friday that US M-1B money supply893 words
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Article109 1981-06-23 14 Reuter THE US government and representatives of the country's air traffic controllers have reached a tentative contract agreement, thus ending the threat of a strike set to begin yesterday. According to a spokeswoman for the Professional Air Traffic Controllers Organisation (Patco), its members would continue working.Reuter - 109 words
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Article88 1981-06-23 14 AP NEW YORK, Mon. The stock market headed higher this morning as hopes for lower interest rates revived again. Gainers outnumbered losers by 4 to 3 margin in the early tally. The Dow Jones average rose 2.95 points to 999.14 in the first half hour. Analysts saidAP - 88 words
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584 1981-06-23 14 MALAYSIA is considering a re-examination of its entire tax system in line with the changing pattern and tempo of its economy. Several studies to improve the administration of the incentive system and to streamline administrative procedures have also been initiated, Finance Minister Tengku Razaleigh Hamzah584 words
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278 1981-06-23 14 AFP DATUK Haji Mustafa Jabar yesterday offered to give up his post as Umno secretary-general in favour of the loser of the party deputy presidency election at the Umno general assembly later this week. He explained that the decision was to "saveAFP - 278 words
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Page 14 Advertisements
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Advertisement290 1981-06-23 14 Computerising Business for Senior Management 29-30 June 1981, Shangri-la Hotel Offers Senior Management a sound understanding of the business and organisational implications of computerising business systems and how to plan for then success. By the end of the course, you will have a clear understanding of how computer systems are290 words
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Advertisement187 1981-06-23 14 INCHCAPE BERHAD GROUP The Inchcape Group is seeking property to meet the requirements of the Group's diverse trading companies. The Group is interested in purchasing or leasing the following: BORNEO MOTORS 4050 sq m (one acre) in Ang Mo Kio 4050 sq m (one acre) in Bedok 4050 sq m187 words
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Page 14 Miscellaneous
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Miscellaneous65 1981-06-23 14 Outlook for Singapore from 6 a.m. to 1 p.m. today: Passing showers in few places in the morning. Report for 24 hoars prior to 1.3$ pm on Jane 22 at the airport. Maximum temperature 32.8 Associated humidity 57 Minimum temperature 26.2 Associated humidity ..93 Hours of sunshine 5.35 Rainfall in65 words
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SHIPPING TIMES
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323 1981-06-23 15 JUMBO-conversion work is increasing in popularity among shipowners worldwide and it can be expected that there will be many more of this form of ship conversion works in the future. According to Jurong Shipyard, there are two reasons for this increasing trend towards jumbo-con-version.323 words
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Article633 1981-06-23 15 VONG NYAM MING - By VONG NYAM MING THE Kuantan Port Authority (KPA) will open the outer palm oil berth to vessels up to 25,000 deadweight tonnes after August. Palm oil millers are heartened by the news but two factors still constrain the full use of the633 words
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PORTSIDES
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Article61 1981-06-23 15 Reuter THE India-Pakistan-Bangladesh shipping conferences said they will increase bunker surcharges effective yesterday. The new levels will be eastbound 11 per cent from 12 per cent and westbound 22 per cent from 23.50 per cent. The Ceylon eastbound conference said it was increasing its bunker surcharge toReuter - 61 words
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Article82 1981-06-23 15 FELIXSTOWE port Consultancy service has produced a plan which could make the Australian port of Geelong one of the most modern container terminals in the world within a few years. Work on the container terminal at Geelong, an established port to the west of Melbourne dealing mainly in82 words
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Article49 1981-06-23 15 AFP THE Finnish Valmet Shipyards has won a Soviet order for delivery of two barge transporting ships, the firm said. The contract, worth some 300 million marks, is for vessels each capable of carrying six 1,000-ton barges. The ships are for delivery in 1983. AFPAFP - 49 words
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Article93 1981-06-23 15 AFP ABOUT 200 fishermen were still missing in the Bay of Bengal after they disappeared in rough seas while deep sea fishing, the United News of India reported. A fisheries department spokesman in Madras, South India, said that search operations were continuing. No fatalities have yet beenAFP - 93 words
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Article689 1981-06-23 15 Shipping Liar PM* C«l Shipping Line Page CM Achipelego vn 4 Everett Orient IV 4 Adriatic VI 5 Evergreen IV 3 Afea VI 3 Fargo vn 2 Afro-Eurasia VI 2 Fesco vn 4 5 A1 Navigation VI 2 Flotta Lauro V 5 Alt trans VI 5 Fortune689 words
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310 1981-06-23 16 Lloyd's List PRESSURE will be brought to bear on the Inter-govern-mental Maritime Consultative Organisation (Imco) this week to cut back on its spending. This follows a call from the United States at a preliminary meeting to discuss cuts in Imco's budget forLloyd's List - 310 words
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Article991 1981-06-23 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy Estimated Shipping No. Time of Lines Arrival Gdn Mode of Operatn Date Time P.Eisenhower 86 23.6.8 APL TA6 TT Australia Maru 13/144 23.6.81 MOL TA 4 TT Keumgang Glory 7 23.6.81 0700 Worldwide TA991 words
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Article1439 1981-06-23 16 CHINESE charterers showed renewed time-charter interest on Friday and booked a 15,000 tonner from the US east coast to China at U557,750 daily and a similar vessel for West Africa to China via Santos at $6,700 daily. Japanese operators paid $8,100 daily for a 26,000 tonner from Japan1,439 words
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Article497 1981-06-23 17 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Melati (after oselstein will shift 060 tbc 24th to Gdn.3s 36 for D L) 42.43 Jenson (0700 22 Kim Ann (0930 tide after Golden Eagle hauls Paz Estrella sails) 25 26 Luna Marina (0700 after Mikhail Vladimirskiy) 27 Murrayeverett (after J497 words
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982 1981-06-23 17 Business Day THE Philippine shipping industry last year continued to reel from the impact of higher operating expenses and interest rates though a number of shipping companies remained buoyant. The 28 shipping firms posted an aggregate loss of nearly 50 million pesos lastBusiness Day - 982 words
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546 1981-06-23 17 LIBERIA has signed a dual registration agreement with the neighbouring West African nation Guinea to help it set up its own fleet. The agreement will allow ships to be registered in Liberia but to fly the Guinea flag. Liberia's laws,546 words
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1484 1981-06-23 21 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN1,484 words
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Article271 1981-06-23 22 OIL Pollution ai Sea June 22-24, international seminar, Computational Mechanics Centre. Southampton. Cluirter-Porty Disputes (Dry Cargo) June 22-26, Lloyd's of London Press seminar. The Tower Hotel. London. MariChem *82 June 2224. The fourth international conference and exhibition on the transportation, handling and storage of bulk chemicals. Rai Congress271 words
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221 1981-06-23 22 AFP ATTORNEY General Ismail Saleh has set up a special team to investigate the possibility of foul play in the purchase and operation of the Indonesian passenger ship Tampomas 2 up to its sinking on the Java Sea last Jan 27 with an officiallyAFP - 221 words
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468 1981-06-23 22 Fairplay THE covered building yard which is at present under construction by Van der Gieseen-de Noord (GN) at Krimpen a d Ijssel is scheduled to come on stream during the autumn of 1982. The company will concentrate work on the new facility, which has been designedFairplay - 468 words
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Article171 1981-06-23 22 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.171 words
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Page 15 Advertisements
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Advertisement746 1981-06-23 15 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS See Page V #> \RI)IM AN I AH HSEALORDU I Orient Overseas Co*iici*te/i Line FULLY CONTAIOISED SERVICE TO EUROPE (VIA SUEZ) Calling Br«nerha«en after Hamburg •Closing Times746 words
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Advertisement66 1981-06-23 15 CONTAINER Schedules II SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII SHIPPING Events VIII Jul 22 Jul 26 29 2 Aug 5 5 9 Aug 12 M>'. il-tti'.f EZZuZ Sea w l Land ustomer Service/Booking Beacn Oa*»ianc Jun 25 Houston Vancouver Jul2s Jul 13 Jul 1 Jul 866 words
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Advertisement761 1981-06-23 15 ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC, GULF. ATLANTIC, EAST CANADA, ASIAN PORTS •SINGAPORE CIOSMG TIMES CV 28th June 2300 HPS CFS761 words
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Page 16 Advertisements
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Advertisement557 1981-06-23 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Aho Accepting For ll Barcelona Genoa. 2) Amsterdam Antwerp I Havre Bilbao Basle UK 3) Bremen Bremerhaven. Aarhus Copenhagen. Helsinki 4) Malmo.557 words
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Advertisement173 1981-06-23 16 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA tLLU wit Mtivus "BARBER PRIAM" Mr J "BARBER THERMOPYLAE" My J. "BARBER TAIF" Mr 14 "BARBER MENELAUS" Mr 21. Ml KSSUS KITH SMGAPOM »I BBS TtMMM GOOOM 47 Tfa feeder Relay TO: PANAMA US ATLANTIC EAST CANADA US GULF BDOMOPTIH m173 words
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Page 17 Advertisements
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Advertisement716 1981-06-23 17 Overseas I Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok TOKU EXPRESS MOUNTS Mr ALEfeMNA EXPRESS TOKYO BAY FRANKFURT EXPRESS lARCS BAY A wtrp It Ham 23/7 25/7 30/7 01/1 03/1 (12/1) 10/8 12/1 09/1 i 4/« lt/l 20/7 20/1 22/1 21/1716 words
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Advertisement527 1981-06-23 17 rfo Franco Belgian Services (/■'-J /■;,!vf hxr-ich >enscf fl. '-;inn >,ir f,isf.rt: /.twfO full contmbbhp strwcE to turn fw.i hwimww i SMOOTH t ALLANS It Haw* I dam Hto| Bttown fwmp WCQKIWI It km, 29 M* MUI UMI »»A "E*"""" KOHAN l*a»l 4Mr 5 tor 21 22 Mr 2( tor527 words
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Page 18 Advertisements
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Advertisement676 1981-06-23 18 TO NOtTH EUtOff asr Antwerp Mm accepting transhtpmenl cargo toe CARIBBEAN WIST MOKS «a HamDuig TO kEDnOIIUUCA Spore P* Pen Bilbao Genoa Hburg B haten Rdam Antwerp Mai Ricimers tf/7 14/7 IS/7 5/g 19/ g 17/g i«/ 8 12/8 Mosefctein 12/8 15/9 12/9 9/9 6/9 Mbn 30/6 VI Afctar Eipreu676 words
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Advertisement592 1981-06-23 18 unorn shipping r\Ut\Lh CORPN P. Kelang PENANG S PORE VEGA 161N 29 June/1 July 2-5 Jidy 7-9 July VEGA 162E 29 June/1 July 2-5 kdy 7-9 July ALTAR 165W 27-30 Jidy 31 kdy-2 Aug 3 6 Au( ALTAR 16€£ 27-30 July 31 Juty-2 Aug 3-6 Auf FROM BUSAN BANGKOK TO592 words
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Advertisement503 1981-06-23 18 EVERGREEN LINE f FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS ETC WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM S parc Mdjti Hanbwt Fiintow* Utttrdan *ntw*n> It Hivrt Enrlarit 27/4 »/7 19/7 22/7 24/7 2S/7503 words
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Advertisement966 1981-06-23 18 Everett Linesl Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE" 1 LOADING FOR RANGOON a* Spare PliN S22IT nm km E2K!* n/it 12/k m wjawwgtawywa 30 to. P» AN 1/] M SS C Aoents m Malaysia BOUSTEAD SHIPPING ITL NOS KL *****2/*****9 CompaiMi ArfMitim 0« 0 Navanden Intercontinental S. A.966 words
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Advertisement338 1981-06-23 18 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE GEKRAL AGENTS AGENTS M MALAYSIA p. ta.UK ocun svfwc i ommuts rn ltd SMAPORE m *****44/7 ft *****70 R liarw TO. *****4 *****1 US! ASM SMPPM TO. 3H7J2/3/7251 MALAYSIA TUB ft TRANSPORT TU (7tJ3 ft ***** W UNION LINE338 words
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Page 19 Advertisements
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Advertisement699 1981-06-23 19 asPIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) 27-28/8 30-1/10 3- 4/11 Accepting LCL Cargo to Colombo A Aqaba. *FCL Cloaing 21/7 2300 Hra. I 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. 445/45N 445/45N699 words
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Advertisement258 1981-06-23 19 v. BLUE STAR LINE mP Singapore MEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS AUCKLAND, NAPIER. WELLINGTON, CHRISTCHURCH, DUNEDIN SHIP SAILS SPORE NEW PLYMOUTH PT CHALMERS AUSTRALIA STAR IS JULY 28 JULY 1 AUG NEW ZEALANO STAR 6 AUG 18 AUG 20 AUG258 words
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Advertisement984 1981-06-23 19 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE HBURG B HAVEN ROAM HAVRE SO TON 22/7 ?3/7 30/7 31/7 3/8 9/8 10/1 U/S 12/8 20/8 11/1 20/1 25/7 11/7 2/1 25/7 22/1 15/1 22/1 23/1 28/6 HamHwg Eiprm 27/7 30/7 Bhanen R dam Hint 22/7 23/7 25/7 Png Htm Bhatrrn984 words
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Advertisement891 1981-06-23 19 A f, 7 I I 1 I t 4 4 V' la*. ft 4 i Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN P ke«an(Peftarit fester feeder s2>rda« 3)H"bnrg4)G barg Babao Dm S tan 8 P(NAGA SH 8 OANM 74 4 I PINkCA 3/7 I DAMIk 10/7 I PtNAGA891 words
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Advertisement601 1981-06-23 19 BOUSTEAD SHIPPING AGENCIES \v BANK LINE FOft REUNION ft S. AFRICA A. VESSEL Also accepting FCL containers. Spore: July (loading direct for Reunion, Durban and Capetown only) Linos U.S. WEST COAST SERVICE Orel tiom SFO lbcl> SPORf BIWN S tie I* VBC LESIE LYKES 13/6 9/6 17/7 19/7 12/8 IS/8601 words
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Page 20 Advertisements
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Advertisement874 1981-06-23 20 K LINE KAWASAKI KISEN KAISHA. LTD I EXPRESS CONTAINER SERVICES J TO NORTH AMERICA etd fee» kssels* n sp Mono Kssns in i* a «y Hard Bay V-7 24/6 2C/I Quxn't Nay Bndte 24/6 27/7 Japan Apaio 15/t 27/7 Titfwia Mara 15/7 9/| Faaty Aca SN 1/7 J/7 Paoßc Aimi874 words
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Advertisement621 1981-06-23 20 CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER SERVICE Laaitog tar: LOS MGEIES. SMI FRANCISCO. SEATTLE. TACOMA VANCOUVER BC Acceptng FCI/FCI Cantaawrt «r ',T VB" AUSTRALIA EXPRESS CONTAINER SERVICE keen** Fa/FCI Carttmtn NEW ZEALAND SERVICE im*i i* (mom. irmxrai must at moimb »mM 'a/ra ou«i ***** Penang P HKjnj Singaport VISHVA TAAANG621 words
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Advertisement342 1981-06-23 20 S S A(>rou|) SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINES! GENERAL *****1 114 LINES* TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A/B CARSMIP CABLE CARGOSMIP fgggg Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK jt„ SINGAPORE ISLANDS UKt MIDDLE EAST REGULAR LINER342 words
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Advertisement682 1981-06-23 20 korins maritime services K Room 601, ICB Building, Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES S PORE P. KELANG LOADING FOR: VA»A... 10 Jul Jeddah/P Sudan VESSEL 12 Jul Iran Ports A VESSEL 13 Jul Tripoli/Alexandria/ P.Said Cli \Hyundae Shipping Co. lid. Y'hama682 words
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Advertisement738 1981-06-23 20 INTRASEA (PTE) LTD. Faber House. 234E Orchard Road Singapore 9 Telephone *****11?*****7 BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE Sinfapore Loadftij (or: DMT ATLANTIC* WBIOS 28 ta le<Mih. MseievHamburt' Rotter dam/Tlwry DAFT AMERICANA WBIIO 11 ki -do- FULL CONTAINER EAST BOUND SERVICE ETC KARACHI ETD BOMBAY ETA STORE738 words
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Page 21 Advertisements
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Advertisement637 1981-06-23 21 TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia +HK Container S'pore Closing Times: FCL Cargo 2000 27/6 LCL Cargo 0800 27/6 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E Malaysia TO WEST COAST (USA)/CANADA LCI cargo acceptable to Seattle. Oakland, S. Francisco,637 words
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Advertisement408 1981-06-23 21 MALDIVE LINES FOR BOOKINGS I ENQURES PLEASE CONTACT: SX6APORE PORT KELAN6 PANOCEAN NAVIGATION ft TKAOMG OMENTAL SHTPWG CORPORATION CO 'PTE) LTD TEL: Ki. *****6/*****4 1106 INTERNATIONAL PLAZA PORT KELAN6 3t7S4t ANSON ROAD KUANTAN *****519 SW6APORE 0207 TEL: *****20 PAS* GUDANG 07*6115 MAC-NELS& enc^ s d NVOCC SERVICES mmnan rate quorai408 words
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Advertisement596 1981-06-23 21 &SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BUI DWG 55, Market Street Sin{apore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SMGAPORE Telex Numbers RS 213*0 RS ***** RS 2510S P KELANG KWK M/S SHARKAT WAH SOON SDN BHD. IST AND 2ND FLOOR. MESSRS MW THONG SMPPMG 23596 words
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Advertisement38 1981-06-23 21 TV CAA/lIV/ll 1 IM v/r-ii«11 vll kii l Vessel KK S'pore P.Kelang Ldg. for Celtic Sea— 21 July 24 July Antwerp Tilbury Hamburg/ Rotterdam AUTHORITY SHIPPING AND TRADING PTE LTD Hr:U NAGATUAH AGENSI SDN BHD THERORNEOCO (SABAHI LTD38 words
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Page 22 Advertisements
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Advertisement390 1981-06-23 22 r A ANTOLL LINES Direct Bls lo BRISBANE SYDNEY Mf IB iGfFLONG) ADFIAIDE Independent FCL Container/Heavy Lift Liner Service SINGAPORE L N St*mG PTE LTD 1401 5 Robeia House Shenton Way Srjapore 0106 Tli RS ?1017 Tel *****11 Bkgs *****43 '2?10f23 WfST MALAYSJA HSH (M) Sdr BM KL TH *****3390 words
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Advertisement269 1981-06-23 22 Transocean Liners (Pte) Ltd. 1005-1008 10th Floor, Robino House, Shenton Woy Smgopore 0106 Phone: *****33 Tele*: R*****9 Representing INTERMARITIME LTD. REGULAR SERVICE TO SOUTH AFRICA Singapore P.Kelang Loading for: MV "SAN PEDRO" 10/8 16/8 Durban, Voyoge 25 Cape Town Agents. H.S.H. (M) Sdn Bhd. Port Kebnf 3*66%, 3*6996 Kuala Lumpur269 words
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Advertisement358 1981-06-23 22 ft JOHORE SHIPPING L#f 161 JAIAN TfNG SFIANI TfNGKU BAOAR PORT KFIANG SFIANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD k E*press Unrtload Service from P Keiang East Malaysia Brunei HAYATI V: 9/81 HAYATI V: 10/81 HAVATI V: 11/81 HAMDAH V: 11/81 HAMDAH V: 12/81 HAMDAH V: 13/81 P. KELANG 23/6 «/7358 words
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Advertisement233 1981-06-23 22 KAWASAKI KINKAI RISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fullv Containerised Service Vessel Tokyo Kobe S port Penjng P Ketaog S pore Tokyo Robe NORWAY V 7 SU SU 20/6 21/6 23/6 25/6 7/7 t/7 NORDSTAR V 5 30/6 11/7 13/7 15/7 17/7 29/7 30/7 WROBAY V 8 1/7 11/7 22/7 24/7 2S/7233 words
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Advertisement48 1981-06-23 22 NOTICE CHEKKY CHANTEK VOV 1 ARRIVED 111,11 AT KEPPEL WHARVES GODOWN Tim General survey on damaged cargo ex the above veil will be held on Wednesday M ill from 0830 to lJOOhrs No further survey will be held after this date UAN SOON AGENCIES PTE LTD AS AGENTS48 words
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Page 22 Miscellaneous
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Miscellaneous175 1981-06-23 22 1 Regional Weather R SI 35 ;4L i Uv y M v i 3 4. as V 5 S3 2& M s! 32 i* 5 3 s c a"" Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND*. R Thunderstorm175 words
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