The Business Times, 26 June 1981

Microfilm: NL11165
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 Business times M.C.(P) No. 107/1/81 FRIDAY, JUNE W, 1981 60 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Contracts for Indonesians
      54 1 Reuter JAKARTA, Thurs. Indonesian contractors have won three new construction contracts in Saudi Arabia valued at US$3OO million. Minister for Public Works, Purnomo Sidi, said the contracts are for an airport, a military airbase and a housing complex. The Indonesian government will provide 80 per cent finance
      Reuter  -  54 words
    • Article
      Lock icon Policing the Sinai
      61 1 AP CAIRO, Thurs. EGYPT, Israel and the United States reached preliminary agreement on the formation of a multi-national force to police the Sinai desert. The force, committing American troops to the troubled Middle East, would allow Israel to pull back its forces from the remaining 20 per
      AP  -  61 words
    • Article
      Lock icon Export tax waived
      51 1 Reuter JAKARTA, Thurs. Indonesia has abolished the export tax on coffee and pepper. A Trade Ministry announcement said today the 5 per cent tax had been waived with retrospective effect from June 19. The waiver follows a sharp fall in coffee and pepper prices on international markets.
      Reuter  -  51 words
    • Article
      Lock icon Trident for UK
      101 1 UPI LONDON, Thurs. The influential House of Commons defence committee today endorsed with reservations government plans to spend at least US$lO billion to buy the US Trident submarine missile system as Britain's main nuclear deterrent in the *****. It did so as Prime Minister Margaret Thatcher's cabinet
      UPI  -  101 words
    • Article
      Lock icon Cost of living up again
      73 1 AFP HONGKONG, Thurs. The cost of living in Hongkong has risen again. The new consumer price index (A) and the new consumer price index (B) for May 1981 showed increases of 2 per cent and 1 per cent respectively. The new CPI (A) referred to
      AFP  -  73 words
    • Article
      Lock icon Regional cooperation
      65 1 Reuter JAKARTA, Thurs. South Korean President Chun Doo Hwan said tonight that continued cooperation between Pacific Basin countries and Asean would lead to "a great Pacific age". Speaking at a state banquet given by Indonesian President Suharto at the start of a 15-day tour of the five Asean
      Reuter  -  65 words
    • Article
      Lock icon Economic curbs urged
      76 1 Reuter KUALA LUMPUR, Thurs. The leader of the youth wing of the United Malays National Organisation (Umno), Datuk Suhaimi Kamaruddin, said the government should impose economic restrictions on the country's Chinese and Indians so that the majority Malays could achieve the stated goal of 30 per cent
      Reuter  -  76 words
  • Chief Price Changes
    • Article
      SINGAPORE
      143 1 Rises Indices A P I Hong Leong Ind H Leong Credit 695 2040 1500 +145 130 90 BT Indicator June 24 June 25 *****6.*****342.37 Syn Retina 910 65 Industrials: 965 90 970.95 Metro Hldga 2040 60 Finance: 1967.70 2000.24 PMC 1910 60 Hotels: 1372.38 1357.95 Pegi Miia Sentoaa Paramount
      143 words
    • Article, Illustration
      KUALA LUMPUR
      160 1 Rises Indices M Box Bhd 660 130 June 24 June 25 H L Ind 2180 130 BT Index: *****8.17 *****8.13 PMC 2100 110 Industrials: 1221.50 1233.21 Sentosa 680 +90 Finance: 1965.64 1965.64 G Ceramics G Kent (M) Synthetic Resins 1070 780 1000 90 80 75 Hotels: Properties: Tins:
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  • Article
    URA's 10th sale off to slow start
    767 1  -  STRINGENT TENDER RULES By CATHERINE ONG THE Urban Redevelopment Authority's tenth land sale has got off to a slow start partly because sales conditions are more stringent. Other factors for the slow response include the expected influx of completed housing units into the
    767 words
  • Article
    Trading of Bovis shares resumes
    309 1 THE STOCK Exchange of Singapore has announced that trading in the shares of Bovis South East Asia will resume from today. TM? trading of Bovis SEA's shares was suspended on Jan 9 at the company's request. The requotation follows the Malaysian Capital Issues Committee's approval
    309 words
  • Article
    Bonus issues from three companies
    560 1  -  By KOH TSE YING MALAYAN Breweries, Pan Malayan Cement and Pan Malaysia Rubber Industries have announced bonus issues. Malayan Breweries, which also reported its interim results yesterday, has proposed a one-for-four bonus issue. The bonus shares will be issued in the same proportion to ordinary
    560 words
  • Article
    Meeting on insurance plan
    272 1 THE Life Insurance Association of Singapore (LIA) will meet the insurance authorities soon to discuss further details of the Central Provident Fund's home protection insurance scheme. Earlier this year, Labour Minister Ong Teng Cheong announced in Parliament that a Home Protection Fund would be set up
    272 words
  • Article
    Market gains 5 points to reach record high
    268 1 SUSTAINED bullish sentiment seat the Straits Times Industrial Index to a aew high despite same proflt-tattag at the stock exchange yesterday. The buoyaat market also saw same slow-mov-tig stocks re-emerging with good gains. The M-stoek market barametor rose 5.15 paints to 971.K
    268 words
  • Article
    GSIC looks for overseas fund managers
    318 1  -  By LILLIAN CHEW THE Government of Singapore Investment Corporation (GSIC) is turning to overseas fund managers to man key positions in the newly-formed company. These managers will play an important role in the investment of Singapore's reserves, helping to formulate and implement investment strategy.
    318 words
  • Article
    United Overseas Bank
    175 1 IT HAS been pointed out to us that, in an article published on May 21, 1961 entitled "Opposition to Metro Holdings settlement", we may inadvertently have suggested that United Overseas Bank and its chairman, Wee Cho Yaw, intervened as mediators in the dispute between Ngee Ann Kongsi
    175 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      35 1 Minis Paper Shredder Shreds Unwanted Paper r— Documents (6 models available) (tIK\ liflllat BUSINESS MACHINES SYSTEMS (S) PTE LTD 47, Podium Block, Goldhill Plaza, Newton Road, Singapore 1130 Tel: *****92, *****94 (3 lines) Cable: "Busnestems"
      35 words
    • Advertisement
      Page 1 Advertisements Column 2
      58 1 BALLY Mack* in Switzerland "The Best of Bally'' Over 125 years of Swiss Craftmanship, flair for fashion colour and design, have given Bally all that Worldwide reputatioa Sioes designed for people for whom only the best is good «*>ugh 77 r ,k I A SERPIANO Sole Agent tor SKAsia, Hong
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      Page 1 Advertisements Column 3
      79 1 ?<.:{\|)!)_,\}%`\:$<})*.$[@=@+\ MS3 COAL liquefaction project called off 2 ASEAN plywood producers to raise export prices 5 NEW management policy at Dataprep (Singapore) S SHIPPING TIMES TWO local banks plan to set up overseas branches 9 FROM Pro met Pte Ltd to Promet Berhad 11 SINGAPOREAN Joins Philips' top decision-makers 12
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    • Advertisement
      Page 1 Advertisements Column 4
      210 1 The i Straits Companies' j Times Activities, TWDinprpniiv Key Personnel. Agencies Singapore I (Buku Merah) He said it was artificial respiration, but now I find I am to have his child." A Burgess There are many fools at a university as elsewhere But their folly, I admit has a certain
      210 words
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  • OVERSEAS
    • Article
      Lock icon EEC ministers agree on strategy for steel industry
      583 2 Reuter EEC industry ministers reached agreement on a package of measures aimed at returning the EEC's steel industry to viability. At the end of a 12-hour meeting in Luxembourg, Dutch Industry Minister Gijsbert Van Aardenne announced an accord on phasing out state
      Reuter  -  583 words
    • Article
      Lock icon Coal liquefaction project called off
      782 2 NYT THE UNITED States, West Germany and Japan agreed on Wednesday to abandon a cooperative US$l.55 billion coal liquefaction project that less than a year ago was hailed by US Department of Energy officiate as a centrepiece of America's drive to reduce dependence on imported
      NYT  -  782 words
    • Article
      Lock icon EEC to meet on trade issues, foreign policy
      390 2 Reuter EUROPEAN Economic Community (EEC) leaders will meet in Luxembourg for a summit next Monday and Tuesday during which they are expected to concentrate on foreign policy and trade issues and to avoid lengthy debate of plans for reform of the Community's
      Reuter  -  390 words
    • Article
      Lock icon Prices of oil products firm on spot market
      313 2 Reuter PRICES of spot oil products firmed in the last week but oversupply continued to depress the price of crude oil. Refinery cutbacks and closures because of the oil glut have resulted in tight supplies of products. Products prices rose accordingly but
      Reuter  -  313 words
    • Article
      Lock icon Reagan may relax anti-trust laws
      267 2 NYT BIGNESS in business does not necessarily mean badness. Efficient, competitive markets will inevitably lead to the demise of some companies. This view was expressed by US Attorney General William French Smith, who outlined the Reagan Administration's anti-trust philosophy on Wednesday. He said anti-trust officials
      NYT  -  267 words
    • WORLD IN BRIEF
      • Article
        Lock icon HK TRADE DEFICIT
        420 2 Agencies HONGKONG'S visible trade deficit narrowed to a provisional HK$l.44 billion in May from a revised deficit of $2.23 billion in April and $961 million in May 1960, figures from the Census and Statistics Department show. Total exports in May were a provisional $10.30 billion against a
        Agencies  -  420 words
    • Article
      Lock icon China must review economic policies
      556 2 Reuter CHINA should make eforts at economic reform, setting realistic and stable longterm goals in keeping with current financial realities. Monetary sources said these are the recommendations in a study prepared before Wednesday's approval by the World Bank of its first loans to help China's
      Reuter  -  556 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      752 2 ARRIVALS Service Local Operator Number Time From MAS MH603 0630 KUL RBA BI427 0930 BWN MAS MH671 1000 PEN KUL SIA SQ201 1000 HLP CPA CX710 1005 HLP SWR SR176 1015 ZHR GVA/BOM GIA GA850 1030 HLP GIA GA906 1045 MES SIA SQ103 1045 KUL MAS MH605
      752 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      28 2 this sign means MORE! An immaculate carmore polish, more accessories, more back up service! Our sign means more, our service proves it. BTW CmrßmnMk Phone: *****30/*****24/6 7255 7
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    • Advertisement
      Page 2 Advertisements Column 2
      102 2 ■TH PJL ej PAN MALAYAN HOLDINGS LTD (Incorporated in the Republic of Singapore) RIGHTS ISSUE OF 3,750,000 NEW SHARES AT $2.50 PER SHARE The Directors are pleased to announce that by the closing date, 22 June 1981, the Company received acceptance for 3,741,470 new shares, representing 99.8% of the 3,750,000
      102 words
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  • TRADE AND INDUSTRY
    • Article
      Dearer Asean plywood
      239 3 PLYWOOD producers in Asean countries will raise their export prices to the European Economic Community from Sep 1. At a meeting of the Asean Plywood Federation in Kuala Lumpur last Friday, producers agreed that prices will go up by at least 5 per cent. The actual price
      239 words
    • Article
      Fall in rubber exports
      209 3 THE volume of rubber exported from Singapore declined during the first four months of this year. Between January and .April, exports were 357,394 tonnes or about a tenth less than the total for the same period last year of 407,766 ■tonnes. The lower volume reflects the
      209 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      197 3 MR Anthony Howkins, an executive vice-president of Citibank, will be in Singapore from June 27 to July 1. Mr Howkins, who is a member of the bank's policy committee, heads Citibank's investment management group. During his visit, Mr Howkins will meet senior officials in government, business and
      197 words
    • Article
      Historic touchdown
      421 3 A SINGAPORE Airlines Boeing 727 flying from Kuala Lumpur will make a historic landing at Singapore's new international airport on July 1. It will be the first scheduled commercial flight to land at Changi. SLA. the Singapore Tourist Promotion Board and the Department of Civil Aviation are planning
      421 words
    • Article
      Festo's efforts bear fruit
      370 3  -  By SIOW LI SEN FES TO Didactic, the educational arm of Festo, a German manufacturer of pneumatic components, has trained 100 engineers and technicians in control engineering in Singapore during its first four months of operation. Festo, which began manufacturing in Jurong last July, opened its
      370 words
    • Article
      COURSES ON JEWELLERY DESIGN
      195 3 THE Diamond Importers Association of Singapore will organise two courses in jewellery design next month. A 10-week advanced course starting on July 20 will be held every Monday and Friday from 7pm to 9pm for students who are attending the first jewellery design course. Four handicapped
      195 words
    • Article
      MEMO PAD
      445 3 BEMINARB AND COURSES June 12-July 6: CDP Module 5 (Computer Management), NPB Cuppage Centre, NPB June 15-July 17: EDP I (Business Management) Module 111 Managerial Accounting and Finance, NPB Cuppage Centre, NPB June 15-July 29: EDP II (Personnel Management) Module in Wage and Salary Administration, NPB Cuppage Centre,
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      92 3 "The Stamford Arms? No,you wouldn't like it" The place is absolutely riddled with coves with loose-tongues who seem to have nothing better to do than to tell the whole world how good the food and wine and beer is. I used to be able to call it my pub before
      92 words
    • Advertisement
      Page 3 Advertisements Column 2
      79 3 Icy mu/t d<? (ar/ier r r 1 'J ■J 5 m i%- .;v-jc!r. *51 lp£> 'fi r v r *> mrm?M V. ■Ml ii-h.' lidaSP XSaKSLdOfv *v-.. V ;35? [7- ,v i-it.. !Yj \Xbrld~ wide, life-long guarant ec _ij& id 2 G36, Ground Floor, Lucky Plaza, Orchard Road. Gl9, Far
      79 words
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  • RAW MATERIALS
    • Article
      Produce exchange
      173 4 CHINESE Pradice Exehaage, Singapore, noon cleslag prk*s per 1M kg yesterday. CwMit Bulk fob $116.00 sellers, old drum (in second hand drum) fob $129.00 sellers, new drum fob $135 00 sellers. Copra: Mixed (loose) $69.00 buyers. Pepper: Muntok white pepper fob Asia NLW $396.00 sellers. Sarawak white pepper
      173 words
    • Article
      RICE
      337 4 SINGAPORE: Yesterday's closing prices in S$ 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 105. 25 per cent new crop no stock, B-10 per cent no slock THAI BROKEN: A-super 0 80,
      337 words
    • Article
      RUBBER
      494 4 PRICES on the Singapore rubber market yesterday closed slightly higher with July One RSS buyers quoted at 239.50 cents a kilo, up two cents from Wednesday's close. Morning prices were marked up slightly on some covering interest after a lower opening. Afternoon prices gained some ground on higher London
      494 words
    • Article
      SSR and SMR
      72 4 NOON SSR and SMR prica* yarterday RA8 J«iy (Carnal Mlk) Bar*r< 8allara Aapit (Forward Mlk) Bayara Sallara SSR JO SSR SO (l-ton paUat) (1 ton pallat> 211.00 208 50 213.00N 210S0N 213 00 210.50 21S.00N 212 SON MWliB SMRCV SMRL SMR 6 SMRCP SMR 10 SMR 10
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    • Article
      CLOSING PRICES
      32 4 Rubber: June 25 Singapore: July: 239.50 cents (up 2.00 cents) Malaysia: July: 261.50 cents (up 1.50 cents) Tin: M $29.20 per kilo (unchanged) Official offering: 214 tonnes (up 48 tonnes)
      32 words
    • Article
      STRAITS TIN
      69 4 THE STRAITS tta price la Peuag yesterday held steady at M 529.21 a Idle. Sterilag's weakaeas aad laereaaed taraever were dbeaaated aa prices held at Thursday's level en reaewed baying tram Earape, Japaa aad the US aad caattased sappart frem the haffer stack maaager, estimated between 75 aad
      69 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday (In HK dollars, spot ex-go-down) Cattaa yarn: China Blue Phoenix 20s 2,350 32s 2,860, 40b 3,010 (per bale of 400 lba). Pleee gsads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      SOYBEAN
      152 4 CHICAGO soybean futures ended 5V* US cents a bushel lower to up one cent in thinly traded deferred July with most contracts posting one to two cent losses. Speculative selling on the markets failure to extend or sustain the earlier technical recovery forced most months to the minus side,
      152 words
    • Article
      LONDON MARKETS
      694 4 COFFEE: Robusta futures ended a quiet morning slightly steadier, with gains of £2 to £9 a tonne, based largely on dealer shortcovering. The prospect of colder weather in Brazil was prompting some dealers to cover short positions while many operators were anticipating an ICO decision to cut export
      694 words
    • Article
      WHEAT
      54 4 WHEAT futures in Chicago on Wednesday closed near the bottom of an B''4-cent range, down s'« to IV4 US cents a bushel. Dollar strength and trade reports of harvest progress in major US winter wheat crop areas contributed weakness. Corn futures closed near day's lows, down 2'A cents to
      54 words
    • Article
      PALM OIL
      149 4 THE PALM oil market in Kuala Lumpur yesterday continued lower on lack of buying interest in quiet trading. In July, Central and Southern regions eased Mslo each to 11,065 and $1,067.50 atonne respectively. In August, Central dropped $25 to 1960 while in September, South fell $5 to $935
      149 words
  • ASIAN STOCKS
    • Article
      Tokyo shares mixed
      395 4 SHARE PRICES closed mixed in thin trading yesterday with many investors holding off in view of the high outstanding balance of purchases in margin trading and for end-month reasons, dealers said. The market average shed 13.77 points to 7,692.84 with volume 270 million shares, but the Tokyo
      395 words
    • Article
      Sydney
      303 4 BANK stocks and new listing Caltex Australia led the industrial sector higher yesterday, while resource issues drifted, dealers said. Caltex finished its first day on the boards at A 52.60, 60 cents up on the issue price, but below the S3 to $4 range predicted by some market analysts.
      303 words
    • Article
      Hongkong
      243 4 THE market opened firm yesterday but soon faded lower on thin volume. A brief rally at mid-morning fizzled out and the market gained downward momentum as the morning progressed. Morning trading was basically featureless. The afternoon opened very weak but bounced back as buyers returned just before the close.
      243 words
    • Article
      Bangkok
      125 4 STOCK prices continued to decline in slow trading yesterday, dealers said. Thai Commercial Bank, Industrial Finance Corp, and Jalaprathan Cement fell two baht each to 382, 101 and 103 baht respectively, while United Flour Mill and Siam Cement closed unchanged at 150 and 210 baht. JUKI Bahti Ada Fibre
      125 words
    • Article
      Manila
      88 4 JUNE B Acoje Mlnlnf AUu Coo A Atiaa Coo a Bafulo OoU Benfuet Con B BT Ooodrteh CDCP Landotl Lfotnto B. Martnduqut B Oriental A Oriental B Phil Ouimi Phltex A Philcx pioneer w nrr Poo* JOM H TIM Mat 90 00 00 U0 H ts Z J6 JSZ
      88 words
    • Article
      Selected indices
      54 4 FINANCIAL TIMES INDUSTRIALS Wednesday 548.4 Tuesday 544 5 Week Ago 544.8 DOW JONES AVERAGE INDUSTRIALS Wednesday 909.33 Tuesday *****6 Week Ago 1006 56 H.K.HANG SENG Thursday 1683.09 Wednesday 1708.90 Week Ago 1743 11 AUSTRALIAN INDUSTRIALS Thursday 753.4 Wednesday 749.9 Week Ago 749.8 ALL ORDINARIES Thursday 706.2 Wednesday 706.8
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      937 4 WELLS FARGO BANKS SINGAPORE OFFICE. PART OF A SYSTEM OF BANKING FACILITIES EXTENDING AROUND THE WORLD Statement of Accounts of Wells Fargo Company and its principal subsidiaries including Wells Fargo Bank for year ended December 31.1980 (in Thousands). LIABILITIES AND STOCKHOLDERS EQUITY 1980 Deposits Demand deposits 4,262.458 Savings deposits 3.219.301
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      609 5 JP V l.r- s^.y S; y.. "V f.S>i iSsm ;yt'V. r- <£>,< gK39§9 ,?Y< v i i i ck 1 L T ae J r v «l k *H S::>v::: r..v. D g GUARANTEE CARD p ■WWWP imiiwiwiwi c. i: i it i r ;v isssasasj®:^ *n J y u
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  • Article
    Garbage out as soon as it's in
    374 6 THERE AREN'T many places that can rival Singapore's clean and green reputation, few cities that can boast of such success in the war against dirt and disorder, against refuse-strewn streets and garbage-clogged drains. It all began about two decades ago with the No
    374 words
  • Article
    Signs of property prices stabilising
    270 6 PROPERTY prices have been spiralling over the past couple of years. The booming economy, a bulge in the population structure of young people starting families and the influx of foreign workers have all contributed in varying degrees to the situation of runaway prices. Another contributory
    270 words
  • Article, Illustration
    Dataprep pep
    1453 6  -  Once sold off because it was too early to say 'computerise', i Dataprep is now wasting no computer time A in preparing for the rosy years ahead. By TSANG SAU YIN DATAPREP (Singapore) today reflects an optimistic outlook that should persuade many of its competitors to take it
    1,453 words
  • Article, Illustration
    The first loop
    754 6 DICK Vincent's voice is almost loud in the small closed-up boardroom. He is holding forth on a subject which tends to bring his blood up computer vendors cashing in on Singapore's current efforts to computerise coupled with the naivete of the average user. The sandy-haired managing director
    754 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      57 6 i 1 i Business Shirts by from tfe bouse of Julius wrfdmi Available at METRO: Supreme Golden Mile Marine Parade SINGAPORE SHUI HING YAOHAN: Orchard ROBINSON'S: Specialists' Centre MELWANI'S: Clifford Centre FASHION PARK, Shaw Towers JENSEN TAILOR, Hilton TAI HUP, Tunas Bldg. Exclusively imported by Esquel Singapore Pte Ltd, 21
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1440 6 Asean Ministerial Meeting I SBC will present the Asean Ministerial Meeting which was recently held in Manila •a Frldmy Btckgriaad (channel 5, 7.5*). The issnes which were raised will he discussed along with their achievements. The recent Philippine presidential elections will also he shewn. Another election item comes from Israel
      1,440 words
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  • Article, Illustration
    Lock icon SPENDING CUTS: NO SHORT-CUT
    1727 7 SAMUEL BRITTAN clears up the confusion over public spending which, he says, is not the root of all the economic troubles of the US, Britain or Germany. FT IT IS TOO often assumed that everybody who is in favour of the government's medium-term anti-inflation-ary strategy must
    FT  -  1,727 words
  • Article
    Lock icon Not at any rate
    821 7  -  FOBUH With LEONARD SILK NYT AT THE Ottawa conference of the leaders of the major Western industrial nations next month, President Reagan is likely to face heavy criticism over the impact of high United States interest rates on other countries. Chancellor Helmut Schmidt of West Germany,
    NYT  -  821 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      1372 7 J. P. Morgan Co. Incorporated Parent company of Morgan Guaranty Trust Company of New York Consolidated statement of income 1980 Interest income from: Loans Federal funds sold and securities purchased under agreements to resell Investment securities U.S. Treasury State and political subdivision Other Trading account securities Other sources, mainly interest-l>earing
      1,372 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        275 8 JUNE */4 Prt CORBEILLK Air LKjulde 422 42 B S N (,fi vats litnone 970 10 CSF (Thomson Csf) 222 7 Cle Francalse des Petrol** 126 50 -15 Compafnte Financier* Compazine Oenmlr 306 -4 Credit Fonder De France 294 -4 Haehette (lJbralrlel 291 42 Machines Bull 40 70 40
        275 words
      • Article
        Amsterdam
        204 8 JUNE 24 Kls 4/ABN 2*4 U> 1 HMM /4 30 06 26 at) 03 unv 90 00 unch Am fas 102.00 0 5 An:rot>nk 50 SO unch IWgou 37 00 27 Berk 47 20 03 [*<>n 84.30 07 B«. rsumtj 173 0tfx«1 1 Uiirhm&nn 5820 0 3 Cadand *90
        204 words
      • Article
        Brussels
        94 8 JUNE 24 r™ FORWARD MARKET Acec Arbed Ajtur Brucan Bru-Lunb Cuipu Cock De Bern Ebes Eleetrobel Ob-Inno-Bm Oev Hobok P»tm Ryl Dutch Sldro Sot Q«n Betg So fin* Sol»»y A Tanki V Mtn V Mont 280 1180 352 im 11X 1506 174 302 1380 XX 1850 1318 2110 3800
        94 words
      • Article
        Frankfurt
        224 8 JUNE 24 Dm Aef-Telcfunken 48 X -01 Akao 23.20 Alls Lebrn 1080 00 -10 Alls Vers BASF Bay H T Wbuit Bay Vbtnk Bayer BBC BMW Caaaella Chem Vcrw Coomtntank Contl Oumml 413 00 ***** 196 Q0B 277 00 ***** Ml B0 00 263 00 moo ***** aooo 8
        224 words
      • Article
        Zurich
        181 8 JUNE 24 AcUoiu Sulaari AlusuUae Br Aluiulsat H*g Brown Bowl Br CI ha 0*lgy Br cibt o«icr p c CUM Oel«7 RH Credit Sulia* Br Credit SuUar Krg Etc klrowatt Br Oeorj* Flacher Br OlotMu PC Hero Br Hoffman La Roc h* l/ML Hoidcrbank Br InMrfoud Br. Jelmoll Br
        181 words
      • Article
        Milan
        79 8 JUNK 24 l-irr Afilc Al*«* 0*n B*_«t >%: Oiilrtif Flat Fln«tder s <?*«» T7' c> V. Oen Imnob IFl Pri ItaJccm* u I taiga* ItalskW 22S2 47!(l WOO 1 230 Tbi M y» Maxell' KrMed tot Miraianza Mondador; MonLMvn Mo*.u Fl K**> iam» uut ■TL«. INK n&r own Ord
        79 words
      • Article
        TORONTO
        144 8 X 3b v -IS > 44 27 S W iSV uncft 1 SV% K I >- Hi 5 27 45V -I* UltCh unrh 1 UT:ch I- -I ♦.'1 V uiKh Uuroe Mines s% f tlconbrulft «J<-onbrV»t* Cop 1 }+1kM\MI 37*4 VNI Life Ol Yellow Knfe 16* Gulf Oil Can
        144 words
      • Article
        Johannesburg
        267 8 HlOMt vnrsrni vi s >f» 5 4(0 unch M i *jQ 1C Aim jnrh «|LT 1770 unrft 610 lG Ft. ,ar, 25 ♦5 S77SS unrti fv« unrh »i» anch III •inch 2M) unrh Q| uvh *1 ■9 2 nr .«j 210 -5 <108 un^ii tafttiy «»> uocb IMC i
        267 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      143 8 I The American Express Card serves you well, wherever good food is served". here to wine, enterta Costs only HALF AS MUCH if you're residing in Singapore It's easy. lust book our chalet units, and enjoy a 50°© discount. Otter applies MONDAY-THURSDAY (except public holidays and holidav-eves). For full details
      143 words
    • Advertisement
      Page 8 Advertisements Column 2
      105 8 f*l JAPANESE RESTAURANT J For sushi. For teppanxjaki. For other authentically Japanese delights. Open daily: 12 noon 3p in 6 30 p m 10 .10 p m For reservations ii; f ca *****77 mM i <ii(iii I'ai'k SlMTnltHi>Sin}j;]i|>or(' Nassim Hili. Smgnpore 1025. Tei /V Operated by ANA HOTELS INTERNATIONAL BE
      105 words
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      Page 8 Advertisements Column 3
      183 8 See Page 4 for Asian stocks Page 11 for New York stocks. The Great Family Do-lt-\bursetf Barbecue F 9. ir» bS^ > lerlin (*rill SjHHiilih From Mongolia comes a barbecue more succulent, more delicious than any barbecue you have ever tried before Only at the Singapore Merlin Lunch from 12
      183 words
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      Page 8 Advertisements Column 4
      119 8 hmOfHai >w t w Hint* Hint f;»nlone*f*l>U'. v f -< imnnu^K The Inn of liupic i»' t :«t, together the l>e<' ■-u ar> worlds. Two kit<*h< i< !'u > ehefs. All to double your (ii w :v e. with that famous Mi' •:> -««r\ For reser vat n please call
      119 words
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      Page 8 Advertisements Column 5
      280 8 thdl the Mia 'cS The rumour is true. For The Citarkm is a very private and exclusive dub for business executives. Secluded beneath the Cockpit Hotel, its furnishings are the very finest; the atmosphere appropriate for business entertainment. Come and experience a businessmen's haven. 7/e \jtatio^ A WAY OF LIFF
      280 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      525 9 THE US dollar strengthened against third currencies but weakened against the Singapore unit on the local foreign exchange market yesterday. Dealers said no major factors influenced trading, which was generally quiet. The US currency opened firm against the yen at 223.40 50 compared with Wednesday's close of 222.85/
      525 words
    • Article
      LONDON
      198 9 THE US dollar opened firmer against most leading currencies on slightly harder Eurodollar deposit rates yesterday, dealers said. The market was both quiet and nervous but the dollar remained underpinned not only by the continuing strength of dollar interest rates but also by concern about Poland and the political
      198 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.4 per cent.
      22 words
    • Article
      ASIAN $ RATES
      193 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on June 25. US Doll«r*(Spot) Offer Bid 7 days 18 11/16 18 9/16 1 month 18 18't 2 months 18*. 18H 3 months 18 5/16 18 3/16 6 months 17H 17 W 9 months 1611/16 16 9/16 12 months 16
      193 words
    • Article
      Discount
      48 9 RANGE ot prices offered by discount houses on June 25: Overnight: V,% to Call deposits: 3% to 6'/*% Olo«ing Bnyiaf Sclliaf 3-month Treasury bills ®v« fi'% 3-month Bank bills 11V. 11H 3 months CD 11H 11 1 6 months CD UH 11 V« Source: National Discount Co
      48 words
    • Article
      Hongkong
      126 9 THE US dollar rose against most major currencies in moderately active late trading yesterday, after a steady opening. It was indicated at a late 224.55/65 yen, after reaching a high of 224.65/80 on some commercial buying and stop-loss short-covering, compared to its early 223.35/45. It also firmed to 2.3745/55
      126 words
    • Article
      GOLD
      213 9 SINGAPORE gold futures yesterday closed generally easier than overnight levels in very thin trading. Opening prices were mafked down between US$6 and $9 a troy ounce following the $6 to (9 an ounce following the metal's weakness in New York overnight and then weakened marginally in subsequent trading. Total
      213 words
    • Article
      Silver quotes
      42 9 W<4 TM* New York 9*B 1020B 10 15S 10 406 Zurich 10 05B 10 25B 10 25S Tl,., 10.45S Singapore lllrl 9 95B 10 20B 10.15S 10 40S Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
      42 words
    • Article
      TOKYO
      132 9 THE US dollar for overnight delivery yesterday closed firmer at 224.40 yen, compared with a 223.30 opening here, a 223.15/25 closing in New York on Wednesday. This was sharply firmer from a 222.95 closing here on Wednesday. Trading was moderate with volume US$94l million. The dollar firmed in the
      132 words
    • Article
      Lock icon Tax-free savings certificate may help associations
      342 9 NYT THE CREATION of a taxexempt savings certificate could significantly alleviate the problems of America's savings and loan associations, industry experts say. But the proposed certificate, designed to give tax relief to savers, could cost the Treasury an estimated US$4 billion to $6 billion
      NYT  -  342 words
    • Article
      Tat Lee and ICB look overseas
      335 9 TWO OF THE fastest growing local banks, Industrial and Commercial Bank (ICB) and Tat Lee Bank (TBL), are now planning overseas offices even as they open more local branches. Both ICB and TLB are planning to set up representative offices in Tokyo and Hongkong.
      335 words
    • Article
      Lock icon Sri Lanka to buy SDRs
      88 9 UPI SRI LANKA will purchase 25.3 million in special drawing rights (SDRs) from the International Monetary Fund to tide over its current exports shortfall. The purchase will come under the IMF's compensatory financing facility. The fund had previously granted Sri Lanka US$2l5 million under its
      UPI  -  88 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      198 9 MULTI-PURPOSE HOLDINGS BERHAD (Incorporated in Malaysia) Acquisition of Controlling Interest in Guthrie Berhad. On Bth June, 1981, it was announced that Multi-Purpose Holdings Berhad ("Multi-Purpose") had concluded an agreement with the Guthrie Corporation Limited ("Guthrie") to purchase 24,251,000 ordinary shares of SSI.OO each of Guthrie Berhad from Guthrie's wholly-owned subsidiary,
      198 words
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      Page 9 Advertisements Column 2
      746 9 Report of Independent Accountants We have examined the consolidated statement of condition of Continental Illinois Corporation and subsidiaries, the statement of condition of Continental Illinois Corporation (Parent Company only) and the combined statement of condition of Continental Illinois Corporation non-bank subs>dianes as of December 31.1980, and 1979. and the related
      746 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2025 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number at shares traded shown la brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (4 70S)
    2,025 words
  • Article
    Unit trusts
    185 10 SINGAPORE UNTT WOT DIAMOND MOI r S'PORE The Commerce i tor in M) 103 4 24zd /y...mmmm' «4jm Diamond S pore Fd tor Jan M) US*- 100 The Savings Fund 2.31 143 s*2.137 S pore Prog Fund S pore Sec Fund 1.TT 188 2.17 2 81 INCOME BOND
    185 words
  • Article
    SHARE INFORMATION SERVICE
    2831 10 Gr'« Gr"» Net 1981 Lmat Div Div YHd pre. Vol Day High Low Company Sale +©r- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 490 320 Acma 460xd -16 14.5 3-2 3.1 16.4 15 476 460 Alcom 300 10.0 2.0 33 25.0 334 130 Allied Choc 300
    2,831 words
  • Article
    In Kuala Lumpur
    1917 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 MDUBWALA Akwa (4 70S) (2) 4.44 (4) 4 50 (I) 4 60
    1,917 words
  • LATEST RESULTS
    • Article
      LOYTAPE Bhd
      63 10 reported an unaudited pretax profit of M 550,422 ($237,724) for the six months ended March 31, on sales of $4-57 million ($5.21 million). The company said the half year results did not include those of Central Elastic Corporation Sdn Bhd, Central Industrial Corporation Sdn Bhd, General Aluminium Works
      63 words
  • Article
    COMPANY MEETINGS
    27 10 KUNDONG TMjMg Pu Cwp—y Berfcad: AGM to be held at 7th Floor, Komplek Kewangan, Jalan Raja Chilian, Kuala Lumpur on June 36 at 2.30 pm.
    27 words
  • Article, Illustration
    Market index climbs to new heights
    722 10 THE stock market remained setive yesterday aid the Siralts Time* Industrial Index ewtlned to mie new heights. Price» epeaed flrm la the meraiag with itnag Interest carried ever tram everalght. Hswever, n Wit sf praflttaUag In the Inter part at the day mm diminished
    722 words
  • Article
    Shares in KL close steadier
    614 10 TRADING continued to pick up on better turnover and share prices generally closed slightly steadier at the Kuala Lumpur Stock Exchange yesterday. The improved trading activity comes ahead of today's Umno elections. But some observers believe that the market could turn cautious immediately after the
    614 words
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  • COMPANY NEWS
    • Article
      G Lumber replies to KLSE
      522 11 GENERAL Lumber (Holdings) Bhd will capitalise its one-for-five bonus issue from a revaluation of its landed properties and from a revaluation of its investment in General Lumber Sawmills Sdn Bhd, a wholly owned subsidiary which also revalued its landed properties at the same time. This
      522 words
    • Article, Illustration
      Dramatic transformation of Promet
      2232 11  -  By CHOO AI LENG PROMET Pte Ltd promises to be one of the most absorbing local case study business executives will come across in July when they attend a two-week management programme to be conducted by a team of professors from Harvard Business School. This time
      2,232 words
    • Article
      Johan expects profit of M$1.8m
      241 11 JOHAN Holdings, after its acquisitions of George Kent (M) and Kayjaya, is expected to make a consolidated pretax profit of MJI.B million (before minority interests) in the current year to Jan 31, 1962. This would be a marked improvement from the loss of $31,833 reported
      241 words
    • Article
      Riverview to sell stake in Charles Greniers
      370 11 RIVERVIEW Rubber Estates Berhad is about to dispose of its 44 per cent-owned loss making associate, Charles Greniers Sdn Bhd. The associate continued to incur losses of MJ85.863 for the year ended Dec 31, 1900, despite intense efforts to make its operations profitable,
      370 words
    • Article
      Synthetic Resins predicts earnings
      215 11 SYNTHETIC Resins (Malaysia) Bhd expects a pretax profit of not less than $6,322 million for its next financial year ending June 30, 1982. This was stated in the company's reply to a query from the Kuala Lumpur Stock Exchange on the proposed acquisition by Pegi Malaysia
      215 words
    • In Hongkong...
      • Article
        ZAMANTA Investments
        57 11 a member of the Great Eagle group of companies, has signed a HK$24O million loan with joint lead managers Bank America International group, Citicorp International group and Wardley. The loan is in two tranches both linked to the Hongkong interbank offered rate. The loan is to finance the
        57 words
      • Article
        HSIN Chong Properties
        51 11 re- ported a group net profit of HK$lB.2 million ($15.7 million) for the year ended March 31. 1981. It has declared a final dividend of 2 cents per share (6 cents), making a total of 7 cents (9 cents). Books will be closed from July 3 to
        51 words
    • Article
      API gets approval for acquisition
      262 11 ASSOCIATED Plastics Industries Bhd (API) has obtained approval from the Malaysian Capital Issues Committee (CIC) for the acquisition of three property development companies, but the terms of the transactions have been amended. API had originally sought ClC's approval for acquiring the entire issued capital of
      262 words
    • Article
      NEW YORK STOCKS
      815 11 JUNE M J9» irr M -1* 'MnMfriph Alrco Irte Alean Alumln AllMlMBt Lud 13* u» -1* Altt* d Choi D Cp at A1U* 1 Bton so* ft AlUa -Chain ion r* Alumhqo A Aa Alrtlna Am Brandi Inc ia« Aa DraalfO Am 41 •ft Aa Aa Cranamtd
      815 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      277 11 Appointment A CAREER IN FREIGHT FORWARDING TTUMIIWTJIYT F.Tri a; This is a senior position reporting to the board with opportunity for profit sharing Require self motivated individual with proven record in management and operations. Require extensive airline business contacts OPERATIONS MANAGER SURFACE CARGO Minimum 3 years exposure in freight forwarding
      277 words
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      Page 11 Advertisements Column 2
      106 11 GOLDEN OPPORTUNITY TO INVEST IN HA WAIL V O. -f EXCLUSIVE MODERN HIGH RISE LUXURY APARTMENTS WITH SAUNAS. SWIMMINC PCXDL, SPA. TENNIS COURTS. RACQUETBALL COURTS. PUTTING GREEN. BARBEQUE AND PARTY FACILITIES. ONE BEDROOM FULLY FURNISHED WITHIN WALKING DISTANCE TO WADQKI BEACH. SHOPPING CENTRE. SUPERMARKETS AND RESTAURANTS. LARGE ELEGANTLY DESIGNED TWO
      106 words
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  • Article
    Lock icon Saudi Arabia to cut oil production
    446 12 Reuter SAUDI Arabia, the world's largest oil exporter, is to cut its oil production by 450,000 barrels a day (bpd) from its current output of 10.3 million bpd, oil industry sources in London said. The Saudis have notified major buyers that the cut will
    Reuter  -  446 words
  • Article
    SCCCI staff to get higher pay
    486 12 THE SINGAPORE Chinese Chamber of Commerce and Industry (SCCCI) will be slightly more generous than the average employer when it raises staff salaries this year. While the National Wages Council has recommended wage increases of between 6 per cent and 10 per cent plus
    486 words
  • Article
    Recession begins to hurt Indonesia
    308 12 THE WORLD economic recession has started to hit Indonesia where it hurts, and caused prices of its mainstay commodities to dip heavily, Minister of Trade Radius Prawiro said. Exports of such Indonesian key commodities like rubber, coffee, pepper and tea, have dropped both in quantity,
    308 words
  • Article
    Lock icon Deadline for Star
    262 12 AFP THE MALAYSIAN English-language daily, The Star, has been asked to show cause why its licence should not be withdrawn by the Malaysian Ministry of Home Affairs. The newspaper has been given till July 8 to reply. In its June 19 issue, The Star wrote in its
    AFP  -  262 words
  • Article, Illustration
    S'porean given key job at Philips
    221 12 A SINGAPOREAN will soon join the ranks of Philips Singapore's top decisionmaking team. With effect from July 1, Mr Victor Loh (mbove), formerly groip manager for consumer products, will be the commercial director of the local branch of this Dutch multinational corporation. Announcing the
    221 words
  • Article
    All types of skills are welcomed
    447 12  -  By FONG MEW LENG THE Government will not favour any specific types of skills in admitting foreign workers into Singapore as long as employers need them. It is expected that the Ministry of Labour will allow both skilled and unskilled workers into the Republic
    447 words
  • Article
    LONDON STOCKS
    879 12 LONDON, Thurs. Share prices were mainly easier in quiet trading as prices drifted lower after a mixed opening, dealers said. At 3pm, the Financial Times index was down 2.3 points at 546.1. Leading issues mainly shed between a penny and 3p though oil shares were firmer after oil
    879 words
  • Article
    Lock icon DOW JONES SLIPS
    94 12 AP NEW YORK, Ttaurs The stock market was little changed this morning amid persistent doubts about the interestrate outlook. The Dow Jones average of 30 industrials slipped 0.76 points to 996.57 in the first half hour. But gainers held a slight lead over losers in the early
    AP  -  94 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      504 12 NOTICE LEMBAGA LETRIK NEGARA TANAH MELAYU (THE NATIONAL ELECTRICITY BOARD OF THE STATES OF MALAYA) JMK/TENDER NO. ***** 275KV TRANSMISSION LINES FROM BUKIT TENQAH SUBSTATION TO ALOR STAR NO. 2 SUBSTATION 132KV TRANSMISSION LINES FROM PAPAN SUBSTATION TO GOPENQ ROAD SUBSTATION TO TASEK SUBSTATION Tenders are invited for the design,
      504 words
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      Page 12 Advertisements Column 2
      221 12 Ser page 11 V; A result of ITT research, experience and ingenuity, the UNIMAT 4020 EPABX system needs no skilled operator. Not even a console. It can be operated via a standard telephone by anyone in the office. Yet it has "business sense" previously available only in much larger, more
      221 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      68 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair except for showers in a few areas from late morning. Report for 24 hoars prior to 7.39 pm oo Jane 25 at the airport. Maximum temperature 32.0 Associated humidity 65 Minimum temperature 24.9 Associated humidity 99 Hours of sunshine
      68 words
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  • SHIPPING TIMES
    • Article
      ADB approves concessional loan to Maldives
      284 13 THE Asian Development Bank (ADB has approved a J1 million concessional loan to the Republic of Maldives for the country's Inter-is-land Transport Project. The project will help provide the country with its first reliable, scheduled shipping services between the capital island of Male and
      284 words
    • Article
      Selco Shahpadu wins contract to refloat Medola
      606 13  -  By VONG NYAM MING SALVAGE operations to refloat the Medola, sunk off Port Klang, have resumed after a four-year tussle to resolve a legal wrangle over who should foot the costs. According to sources, the Malaysian Marine Department has decided to pay the
      606 words
    • PORTSIDES
      • Article
        Joint tender to Jakarta
        118 13 THE Dutch companies Nedlloyd, Van Ommeren and Balast Nedam and the German giant Thyssen-Bornemisza group have submitted a joint tender to the Indonesian government to build a massive new port project on the Indonesian island of Batam. The island, a few miles off Singapore, is designated
        118 words
      • Article
        Lock icon Less congestion in China
        122 13 Reuter CONGESTION in China's three major ports has eased since March, with the number of waiting ships cut from 344 to 229, according to the Chinese Ministry of Communications. July is expected to see further improvement in the ports at Shanghai, Tianjin and Huangpu in South
        Reuter  -  122 words
      • Article
        USL expands its service
        76 13 UNITED States Lines (USL) has decided to provide a weekly shipping service on the North America route by assigning two more container ships on this run. With the additions, the line's fleet on this service will increase to 11 ships. The first ship is the 19,834
        76 words
      • Article
        Maraven's capacity
        60 13 TWO new oil tankers were put into operation by Maraven, a subsidiary of the Venezuelan state oil company, Petroleos De Venezuela. The Japanesebuilt vessels have a capacity of 61,514 tons each. With this addition, Maraven's total shipping capacity has increased to 123,148 tons. The tankers will operate the
        60 words
    • Article
      INDEX TO ADVERTISERS
      698 13 Shlppta* Uae Page CM Skippiag Uh PH* C4 Arhipelego vn 4 Franco- Belg m 4/5 A/ea VI 1 Frata NVOC VI 2 Afro-Eurasia VI t Freight vm 2 Ail trim vm 4 Freight Links vm 4 Afeftc VI S Frota V 4 Angkutan VI 4 Fujiwara VI
      698 words
    • Article
      ORIENT EXCHANGE
      489 14 VESSKLS Open: Tugs and barges service available to Indonesian ports. Tugs and barges lighters and launches service available within Singapore port limits. Vessels Wanted: Wanted vessel for demolition forward details of ships and quote in Karachi delivery price. Wanted tweendecker vessel of about 12/15,OOOdwt not overaged fully cargo
      489 words
    • Article
      Container Schedules
      1032 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy Estimated No. Time of Arrival Shipping Gdn Mode of Lines Operatn Date Time Maersk Mango HK Container HK Express Macol Ace Sir! Bhum Anders Maersk Bunga Te ratal Tohgo Maru A1 Wattyah Chengtu Bunga
      1,032 words
    • Article
      LONDON FREIGHTS
      1355 14 RENEWED Chine* Interest was seen on Wednesday for grain business from North America with rates tending lower. An unchanged U5537.25 was paid for a cargo from the US Gulf to China but a similar fixture received only $37. Cargoes from the US Gulf to Japan obtained steady levels,
      1,355 words
    • Article
      SHIPS IN PORT
      305 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Jenson (after Builder) 22 Lumut (0660 after Iweri) 21 East ..Morillo (1000 42 43 P&latino (0600 after Jinsha) 31/32 Satu Mare (0300) 35/36 Thai Rainbow (1600) 29/30 Temburong (0700) 26 CONTAINER TERMINAL < Benvalla 49N Ever Loyal 51 Grigory Petrenko 49N Laurry)
      305 words
    • Article
      Lock icon Rotterdam port shuts down for 3 hours
      179 15 UPI AN EXPLOSION ripped through a Greek bulk carrier in the world's largest port on Wednesday, shutting it down (or three hours. Police said two Britons in a repair team were killed and four more were (eared dead. Three other Britons, members oI
      UPI  -  179 words
    • Article
      Subsidies for coal carriers
      96 15 TO STIMULATE construction of the additional bulk carrier capacity necessary to meet Japan's new steam coal import requirements, the Ministry of International Trade and Industry has agreed to provide subsidies for the inclusion of coal carriers in the Transport Ministry's shipbuilding programme. Bulkers conceived for the
      96 words
    • Article, Illustration
      LOSSES AT PLA LAST YEAR
      899 15 THE PORT of London Authority (PLA) made a promising start along the road to recovery in the first half of 1980 but the continuing and deepening recession took its toll and 1960 finished a grim year. The PLA Group loss for 1980 after government grants
      899 words
    • Article
      SHIPPING LIST where your ships are due...and when
      939 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      939 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      517 13 Europe Our Next Loader Port Kplang- 3/7 Singapore: 30/6 For further details, see page V CONTAINER Schedules SHIPS In Port SHIPPING List REGIONAL Weather ORIENT Exchange n .1 RI) 1 M AMAH Orient Overseas CcmicjMeA Line ItKOK CONTAaO 26N 28/6 KOKAN MCEJM lON 4/7 CWM CONTMO 12* 9/7 IKFTUC gUHCT
      517 words
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      Page 13 Advertisements Column 2
      310 13 HSEALORDU UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES Loading for iTMTTTif' Mina Qaboos FULLY CONTAINERISED SERVICE Iraq cario acceptable intransat Loading for Dubai (8/7), Kuwait (9/7). Dammam (13/7). Abu Dhabi (15/7), Doha (17/7). Bahrain (19/7) Dubai (20/7), Kuwait (22/7), Dammam (26/7) Abu Dhabi (28/7), Doha (30/7). Bahrain (1/8)
      310 words
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      Page 13 Advertisements Column 3
      658 13 Australia Our Next Loader Port Kelang:, *3/7 Singapore; VI For further details, see page V MAERBK LINE EXPORT FULL CONTAINER SERVICES TO: XJJS. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS ev York I Philadelphia Singapore SaM 28-29/6 5-6/7 1213/7 19-19/7 26-27/7 2-3/8 9-10/8 15-16/1 'SMGATOK CLOSMG TMES: CT 28th June
      658 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      804 14 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 Aha Acceptag fer: I) Baicetona Genoa 2) Amsterdam. Antwerp. L Hawe. BtWtao. Baste. UK. 3) Bremen. Bremerfcanen. Aarhas. Copenhagen. Hetsmki Malmo, Stockholm.
      804 words
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      Page 14 Advertisements Column 2
      152 14 BBS SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA t/7 •12/1 1/1 •11/t 17/1 3DCE ILUi lt/i M/I M/i u/1 a/* */t 1 1 3t/t V» 17 n m/i u/m ivm j a/ii ivm TO: CALIFORNIA (22 DAYS) VENEZUELA EXPRESS CONTAINER SERVICE LI n Wt n i a/7 a/7
      152 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      574 15 OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok MBIMMEVKSS TOKYO BAY FMMtnUTQnBS LMCUT k'wmf Li Dm 23/7 »/7 12/1 M/t 14/1 11/ l S/7 2«/t 22/t a/i a/t M/t 11/9 CONTAINFRSHIP SERVICE FROM UK 'CONTINENT KOK AGENTS: BORNEO SEMCES LID. BANGKOK 18. 234-1122 (5
      574 words
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      Page 15 Advertisements Column 2
      167 15 Franco Belgian Services >: C.M.C.R. Optorg Shipping Pte. Ltd. 4 J» l rf>o p. Q > 1. 4(E L M A fVPRfSA i!\tAi> VAN 'IMAS \AS' AHi,iV V NA':. %A, .At Anulo-l rench TradingCo.Pte.Ltd. vr.;::xft 11 1f 10 ».n«t C *1 4731 T TO UNITED STATES ClOwMlMki DISCHARGE DEPARTURE N
      167 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      574 16 Hapag-Lloyd ni TO NORTH EUWft Antwerp Kf Expreix 20/7 9/8 11/8 12/8 14/8 Tekyaßay 28/; 15/8 17/8 18/8 2 Also accepting tiansNpment cargo tw CARIBBEAN WEST ROES na HamOuig S pore P Ketang 9 in 1 CB m Agents SEGANI Srgjporr ?75ini Boottif ?751 W CFS Iptnwijl ??05*33 limp,* *****1
      574 words
    • Advertisement
      Page 16 Advertisements Column 2
      556 16 KOREA smK CORPN P. Ketanf PENANG STORE VEGA 161W 29 Juk/1 My 2-5 July 7-9 My FROM BUS AM BANGKOK VEGAI62E 29 June/1 My 2-5 My 7-9 July TO BUSAN ALTAJR 165* 27-30 Jirfy 31 Jidy-2 Aug 3-6 Au| FROM BUSAI BANGKOK ALTAK 166E 27-30 My 31 My-2 Aug 3-6
      556 words
    • Advertisement
      Page 16 Advertisements Column 3
      533 16 EVERGREEN LINE r FAR FAST EUROPF EXPRFSS FUIL CONTAINFR 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 1 FUROPF FAR FAST EXPRFSS FULL CONTAINER SERVICE T*i* Oukj fmm M v> in m
      533 words
    • Advertisement
      Page 16 Advertisements Column 4
      550 16 Everett L ines j J Burma Fhra Star Sbippwf Corpn. "BURMESE NATIONAL LINE" LOADING FOR RANGOON !>n PJMMI taai vm tm BFSSC Ao«nt* Motaywo BOUSTEAD SHPWNG TIL NOS KL *****2/*****9 CampMN ArfMttma D« Navaaacion IntfcowtMfwm S A. C.I F. V "ARGENTINE NATIONAL LINE" 111 21 l> Tramportaoon Mar it mm
      550 words
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      Page 16 Advertisements Column 5
      277 16 raosf. OCEAN SHIPPING ENTERPRISES PTE LTD. IO SANKYO LINE JAPAN/STRAITS SERVICE on oczjm tmm t onnwim pu m smarm m *****44/7 t *****7 a K. LNM m 414(44 4(4751 IMLATSM P. SUMS EAST ASM MfR IE »»7J|/y72SI PEJMNC MMATSM TUB 1 TIANSPWT TEL «7153 (3725 SUN UNION LINE KARACHI SERVICE
      277 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      964 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL VOY. *KOTA SAHABAT 9W/10E 23-24/7 KOTASAHABAT 11W/12E 27-28/8 KOTA SAHABAT 13W/14E 30- 1/10 S PORE COLOMBO I HODEIDAH JEDDAH AQABA COLOMBO I S PORE 23-24/7 29-30/7 7-7/8 9-9/8 11-11/8 21-22/8 27-28/8 27-28/8 2-3/9 10-10/9 12-12/9 14-14/9
      964 words
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      Page 17 Advertisements Column 2
      830 17 BEN LINE CONTAINERS to awrt Honfkorn tipreu Hanbiri Eiprnt IriUO (ifttSl Mi Bjt Atawawa [ipiin i«*r* Bay KwtaMn PoMi/tiwpo EXPRESS CONTAINER SERVICE TO/FROM EUROPE H BURG B HAVEN ROAM HAVRE Sport P Mint W Ormariy Austria Antwerp franc* 11/7 14/7 11/7 a/7 a/7 a/7 a/7 Jt/7 11/7 v« v« 7/1
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      Page 17 Advertisements Column 3
      424 17 i Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MEP/UK/NC/SCAN I OMtW aiPart i nmcA 1/7 I DAM* 10/; i nmcA i 7/7 I OMtW 2411 i KIMGA 31/; I OMtW 7/0 I PtNAGA l«/l i oMtw ?i/a Accaptai| tar I) Barcelona Genu lefhorn 2) Impart UK tm>i tMi 3)
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      Page 17 Advertisements Column 4
      605 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REIMON I S. AFRICA A. VESSEL Spore: July Also occepting FCL containers. (loading direct for Reunion, Durban and Capetown only) Lukes Lines U.S. WEST COAST SERVICE Ond front SFO Lbc»i SPOtt SmTl SOe/lac VBC LESUE LYKES 9d Sid 17/7 19/7 12/8 16/8 ASHLEY LYKES
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      743 18 K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA C»iMt Kept** hi IMM. V. Battel Ma. PHi*i»lii. Hart*. b l tar (MM twam MM ttaahm. 6a«mton. Mm OrWam. IteMß, BaNMart SiimA tefaawaßa. TO EUROPE Spore P Retang L Havre R'dam H ttur( Bremen Awerp (accaptog carta** I*
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      Page 18 Advertisements Column 2
      607 18 CAUFORIHA/PACIFIC NORTH NEST SERVICE EXPRESS CORTAMER/REEFER SERVICE tar: lOS ANGEIiS. SAN FR/MCSCO SEATTLE. TACOM. VANCOUKR B C Accept* Fa/fa Centaurs P net#* SMUpwt l AUSTRALIA EXPRESS CONTAINER SERVICE Accept* Fa/Ftt CoHimn NEW ZEALAND SERVICE l«*« M MOM. imUTOB. mUKTOK WOUND imMFO/m Ci« I Permit t >MH( JAPAN SERVICE Mr 6/7
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      Page 18 Advertisements Column 3
      385 18 f S S A(irou|) SINGAPORE SHIPPING AGENCIES PTE LTD 20TM F LOOR OCEAN BUILPINt, SINbAPOMf 0104 MARKETING *****2 13 LINE SI GENERAL *****1 114 lINE S TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A B CARSHIP CABLE CARGOSMIP rrrrfml ®I LLHJw Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK SIXGA
      385 words
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      Page 18 Advertisements Column 4
      619 18 KORINS MARITIME SERVICES fro Room 601 ICB Building. Shenton Way, Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES STORE P. KELANG LOADING FOR: BUNGA VANDA... 10 Jul Jeddah/P.Sudan A VESSEL 12 Jul Bahrain/Iran Ports A VESSEL 13 Jul Tripofi/Aleiandria/ P.Said Shipping Co. Lid. Y'hamaKobe S pore
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      Page 18 Advertisements Column 5
      684 18 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11/*****57 BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE DMT ATLANTIC* MB 101 MdA/irsAs/HMteK/ Rottardan/nbunr DMT AMERICANA NBIIO 13 M FULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE! A. ENDEAVOR 14 Ad Hs* Ks*/Kaste« VMm A. MGHT
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      637 19 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)/CANAOA POUT MMLANO6WOCE FEEDER VESSEL KELANG SUGAPORE HONGKONG MOTHER
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      Page 19 Advertisements Column 2
      452 19 MALDIVE LINES ETA ETA ETA SPORE KUANTAM POUT KELANG fMZAKAT 28/6 Loading For Dubai only MAIDIVE SEAFARER 5/7 Loading for Oubai/Bahram/Ku wait MALDIVE PLEDGE 25/6 Loading for Hodeidah MALDIVE NATION 3/7 Loading For Jeddah MALDIVE TOPAZ In Port Loading For Karachi MALDIVE PRIZE 28/6 30/6 Loading For Kuwait MALDIVE PIONEER
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      Page 19 Advertisements Column 3
      629 19 W SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SVtSOV BULDMG 55, Martet Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** f. KELANG M/S SHAWMT NAM SOON SON BHD IST AND 2NO FLOOR NO 1. JALAN CtMPEMNG. PORT KLANG.
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      Page 19 Advertisements Column 4
      78 19 NOTICE "CMm CnUnt" Vn. 1 An*: IMb jut mi Place Sanm: PAA. (MITAI General Survey on damaged cargo discharged ex the above vessel will be held on JStt June 1981 from 8.30 a.m. N* farther mrrtj will be beM after IMa tele. n cammi 1 im wrii viivii un I.
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      Page 20 Advertisements Column 1
      567 20 EASTBOOHD FROM CONTWEHT H'BURG ANTWERP SING 7/7 10/7 31/7 14/7 17/7 7/1 22/7 25/7 16/1 27/7 30/7 21/S 2/8 5/8 27/8 REGULAR WEEKLY CONTAMER SERVICE ACCEPTWG FCL/LCL CARGO FOR: AUSTRALIA ALL PORTS AUCKLAND, LITTLETON COLOMBO HONGKONG Al other enquiries can be obtained upon request. FOR BOOKMGS PLEASE CALL TEL: *****11
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      Page 20 Advertisements Column 2
      728 20 PROSPERITY SHIPPING (PTE) LTD. M.V. "JOO WAH" M.V. "JOO YAU" ETA STORE LOADING FOR 5 July Red Sea 25 July Suez/Alexandria/ Pt Said 30 June Phnom Penh M.V. "JOO HENG" 30 June Phnom Penh M.T. "JOO HONG" (Palm 01 Carrier) In Port West/East Malaysia, For Booking Please Contact: Singapore NGOH
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      Page 20 Advertisements Column 3
      510 20 KIONG CHUAN SHIPPING (S) PTE LTD Rm6U. AfROASttUAUNG 83 ROBMSON RO. S POIS 0106 Tel *****30. *****13. *****14 CM in) Destination 1.«.«. nil LM Ni 1- 2/7 4/7 Ifri/BM* 2. m.«. KM SUNG LQ Ni r 21/« 2/7 Ui/MMo 1 New vessel bunt 1900 Derrick 15 torn VcepW* P«(taM| cargo
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      Page 20 Advertisements Column 4
      353 20 COSMOS V 4 SOUTH COSMOS V4-NORTH KAOHSUNG 3/7 KUCHMG 16/7 HONGKONG 30/6 TG MANT 17/7 SANOAKAN 8/7 SANOAKAN 20/7 K KMABALU* 10/7 KAOHSIUNG 25/7 MUARA* (13/7) HONGKONG 28/7 LABUAN* 12/7 KUCHMG 15/7 North Bern) Cargo Mm L*a4aMt Dunne Discharge) C*x SubfKt Te Cv|* Mucement) JtfAH/MiAH SAKAWAK Muara BTutu Labuan KKbtu
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      Page 20 Advertisements Column 5
      333 20 SL WOOD LINE Bulk Timber and Plvwood Service UK/CONTINENT SERVICE Spirt PKatMC T|Jto« T. Aytr Lm4n| tw: MM IH 004 27/ C 11/7 30/6 MUTES/ROM/ ut/rati Kloos 12/7 15/7 NUNIES/IBM/ fi/« 9/« 3/i NMnn/m/ UK SOUTH AFRICA SERVICE Sipart PMnt Ludtac fm: SA Ml 7/7 5/7 RoBMo/ftrtM/Oprtoiw SA 002 31/7
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      152 20 Rtdtiil Weather m if N ft 0 f. v: 2 A' > i 55 is °c CT" Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C au)WCr Weather Wind direction with speed in knots Wave height
      152 words