The Business Times, 30 June 1981

Total Pages: 24
1 24 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, JUNE 3», 1981 60 CENTS
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  • BRIEFLY...
    • 88 1 UPI BEIJING, Mon. China announced today that Hua Guofeng, picked by the late Mao Zedong to carry on the revolution, is "no longer fit" for his job as Communist Party Chairman and handed the post to a man purged during Mao's rule. Hua is the first party
      UPI  -  88 words
    • 71 1 AFP KUALA LUMPUR, Mon. Malaysia will host the first Asean travel forum in October as part of efforts by the five member countries to promote the region as a tourist destination. The week-long forum beginning on Oct 18 will include an Asean Travel Exchange Programme, Asean Tourist
      AFP  -  71 words
    • 51 1 Reuter MANILA, Mon. The Philippines' economy grew by 5.4 per cent last year, the lowest in the past decade. But according to the latest report of the National Economic and Development Authority (NEDA), the rate is higher than the preliminary estimate of 4.7 per cent made last
      Reuter  -  51 words
    • 70 1 Reuter BEIJING, Mon. The outlook in drought-strick-en parts of North China remains bleak with disease spreading as a result of undernourishment, a United Nations International Children's Fund (Unicef) official said today. The official, who returned recently from the worst affected areas, said the outlook is not too encouraging
      Reuter  -  70 words
    • 66 1 AFP WASHINGTON, Mon. The US has delayed the transfer of Ambassador Arthur Hartman from Paris to Moscow because of the inclusion of communist ministers in the new French government, the Washington Post reported today. The paper's Paris correspondent, quoting authoritative sources in the French capital, said Mr Hartman,
      AFP  -  66 words
    • 54 1 UPI KUALA LUMPUR, Mon. The Yang Di-Pertuan Agong awarded South Korean President Chun Doo-Hwan the country's highest order to mark his visit to Malaysia. At a palace ceremony, President Chun, who arrived earlier in the day, received "the most exalted Order Of The Crown," which carries the
      UPI  -  54 words
    • 52 1 UPI TOKYO, Mon. Nippon Oil Co and Standard Oil Co of California (Socal) have reached agreement to develop brown coal liquefaction technology, officials said. Nippon Oil said the two companies will set up a 1.2 billion yen pilot plant to study the applicability of Socal's bituminous coal liquefaction
      UPI  -  52 words
  • Chief Price Changes
    • 134 1 Rises Bovis U M W H Leong Credit Perak Carbide Sel Properties DBS Malayawata K L Industrie* Metro Hldgs M Cement 940 875 1570 620 1230 940 480 790 2190 1310 110 90 80 65 60 45 38 35 30 30 Falls M U I PMC C Sugars M
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    • Article, Illustration
      148 1 Rises Indices Bovis P Carbide U M Works Sel Prop AMD Malaya wata DBS K L Ind 990 650 920 1310 400 530 960 830 65 55 50 50 40 40 35 30 June 26 June 29 BT Index: *****9.59 *****4.57 Industrials: 1245.34 1234.93 Finance: 1966.66 1967.51 Hotels:
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  • 695 1  -  UPGRADING OF OPERATIONS By HSUNG BEE HWA THE Housing and Development Board has come up with a scheme to encourage more contractors to tender for building projects. It is introducing an interest-free financing scheme to help contractors buy plant and equipment needed at the site.
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  • 262 1 BARELY two days after its re-listing on the local exchange and successful multi-million dollar acquisitions, Bovis South-east Asia has purchased another property company, UDA-Alattas for M 53.915 million cash. Bovis yesterday announced the purchase of the entire issued capital of UDA-Alattas Sdn Bhd amounting to
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  • 552 1  -  By RONNIE LIM PRICES of oil products in the domestic market must reflect world market conditions and so pump prices of petrol and diesel should go down soon in line with Singapore refineries' recently reduced postings (regional contract prices) for these products. This, Business
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  • 232 1 FIVE projects have been submitted to the Asean Chemical Industries Club for consideration under the Asean Industrial Joint Venture (AIJV) Scheme. The Philippines put forward a proposal to manufacture acetelyne black while Malaysia proposed the production of titanium dioxide as an AIJV project. Thailand had three proposals
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  • 282 1 AMIDST a generally cautions background, a number of stacks featured prominently at the stack market yesterday. In the wake af Malaysian Finance Minister Tengko Razalelgh's defeat in the contest for Umno's deputy presidency, the stack market slipped Into an easier moad yesterdaymorning.
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  • 589 1  -  By FLORENCE CHONG INVESTORS from Singapore are building up substantial interests in Australia's biggest property group, Hookers Corporation Ltd. The buying spree reportedly intensified in recent weeks with the purchase of 100,000 Hookers shares by Kay Hian Nominees Private Ltd in the past few weeks.
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  • Page 1 Advertisements
    • 4 1 BOOKS FOR Times Bookshops
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    • 68 1 FRATA FRATA NEWS NVOC GROUPAGE SERVICES TO AUSTRALIA BANGKOK COLOMBO HONGKONG NEW ZEALAND SWITZERLAND Established regular services operated by experienced staff giving personal service. Carriers liability covered through insurance with London Underwriters. Competitive freight rates. Ship with confidence through Frata NVOC Services. FOR MORE INFORMATION PLEASE CONTACT SANDY CHIN MAY
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    • 76 1 SHIPPING TIMES BUSINESSES support Reagan's INDUSTRIAL Bank of Japan economic plan 2 raises FRCD size 11 NEW American anti-Soviet GOODYIELD'S stake in Pegi military strategy 3 may reach tt.spc 13 HOW TO break into the Japa- SEVERAL acquisitions by nese market 5 Pcrak Carbide 14 CROSSWORDS 8, TV AND RADIO
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    • 2 1 Leader...page 8
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    • 210 1 s\\ Wss\ t^sincapow: Business Times Penootcois Publication FOR PEOPLE WHO MATTER Europe and beyond? Fly via Amsterdam Why Amsterdam? Amsterdam international airport is your unique gateway to Europe and the Americas; with an extensive range of KLM connections covering all the major European centres and no less than 24 destinations
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  • OVERSEAS
    • 764 2 NYT PRESIDENT Reagan's economic plan appears to be holding its own in the business community. This is despite the unexpected allure of an across-the-board reduction in corporate income taxes proposed by the Democrats on the House Ways and Means Committee. Even efforts by the
      NYT  -  764 words
    • 156 2 Reuter JAPAN'S share of the West German car market fell to 10.2 per cent in the first five months of this year. During the first four months, its share was 10.5 per cent. But it rose from the 8.7 per cent seen in the
      Reuter  -  156 words
    • 426 2 Reuter GROWTH of the US economy slowed in June. Production rose slower in June than in May, while new orders showed no growth in June after rising in May. The National Association of Purchasing Managers said this in its monthly survey of corporate purchasing
      Reuter  -  426 words
    • 363 2 UPI SOVIET Foreign Minister Andrei Gromyko, who will visit Poland in early July, is expected to, once again, relay to the Polish leadership the concern of the Soviet leadership over the direction and competence of Polish communist leaders to pull the country from
      UPI  -  363 words
    • 379 2 Reuter AN OPINION poll released in Israel yesterday showed that the opposition Labour Party has overtaken Prime Minister Menaehem Begin s ruling Likud bloc on the eve of the general election. It was the first time that the party of Mr Shimon Peres
      Reuter  -  379 words
    • 257 2 Reuter PRESIDENT Francois Mitterrand of France takes part in his first European Economic Community (EEC) summit which began in Luxembourg yesterday and sources said he is likely to call for expansionist economic policies to help the 8.3 million jobless in the
      Reuter  -  257 words
    • 759 2 ARRIVALS Service Local Operator Number Time From PAA PA005 0010 NYCSFOHKG MAS MH601 0630 KUL MAS MH680 0645 KCH C'lux CV796 0715 LUX/DXB SLA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0630 KUL RBA BI427 0930 BWN MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP
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    • 276 3 UPI WESTERN nations stayed away yesterday from a UN seminar on the activities of multinational corporations in South Africa. The weeklong seminar in Geneva was convened by the UN Commission on Human Rights and its special committee against apartheid. Of eight Western countries invited,
      UPI  -  276 words
    • 583 3 NYT THE US Secretary of Defence, Mr Caspar Weinberger, has instructed the armed forces to acquire the capacity to launch a conventional retaliatory strike against the Soviet Union wherever it would be to the advantage of the US. Senior Pentagon officials said that Mr Weinberger,
      NYT  -  583 words
    • WORLD IN BRIEF
      • 421 3 Agencies SECURITY guards in crowded St Peter's Basilica seized a middle-aged man yesterday morning just after he lit a one metre long fuse of a primitive bomb. He was handed over to police in the square outside as crowds watched anxiously. Police identified the man as Giuseppe Santangeli,
        Agencies  -  421 words
    • 127 3 UPI FORMER West German Chancellor Willy Brandt left for Moscow yesterday on a trip widely seen as undermining Western efforts to negotiate arms control with the Kremlin and threatening the position of Chancellor Helmut Schmidt. Mr Brandt said he would meet Soviet President Leonid Brezhnev in
      UPI  -  127 words
  • Page 2 Advertisements
    • 1210 2 See page 8 BARCLAYS International BARCLAYS BANK INTERNATIONAL LIMITED The Barclays Bank International group Balance sheets at 31st December 1980 REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 1980 The Barclays Bank International group (Principal subsidiaries, associated companies and trade investments) Assets Cash and short term funds Investments Advances
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  • Page 3 Advertisements
    • 335 3 (A«mA) Inside Story Latest Design Features in AXC Series ROTARY COMPRESSOR Special designed rotary compressor ensures silent and vibration-free operation. 6.L ELECTRICAL FAN MOTOR Totally enclosed design protects the airconditioner from sand and dust. USA-made fan motor operates satisfactorily in the tropics. 6.E. AUTO THERMOSTATS AND ROTARY SWITCHES Wide selection
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  • REGIONAL
    • 347 4 Reuter PHILIPPINE police has arrested four suspects in a Muslim separatist plot to assassinate President Marcos and terrorise Manila, government officials said yesterday. Officials did not say when the men were captured but said they were picked up in the northern Philippines and that polk* also seized six
      Reuter  -  347 words
    • 241 4 AFP BUSINESSMEN from Asean called on their governments to harmonise their investments and incentives laws to promote joint ventures and further economic cooperation in the region. The proposal was made during the plenary meeting over the weekend of the Asean Chambers of Commerce
      AFP  -  241 words
    • 93 4 UPI EXPORTS of Japanese colour television sets in May rose 58.3 per cent over the same month a year ago to 425,000 units. Colour TV shipments to the US last month nearly tripled, to 72,000, the Electronic Industries Association of Japan said yesterday. Colour TV output
      UPI  -  93 words
    • 377 4 AFP FORMER prime minister Mrs Sirimavo Bandaranaike has suffered a setback to her leadership in the Sri Lanka Freedom Party which she has dominated for the past 21 years. The SLFP's all-island 375member strong executive committee convened on Sunday to adopt a new constitution for the
      AFP  -  377 words
    • 323 4 Reuter CHINESE Foreign Minister Huang Hua will arrive in Colombo today for a threeday official visit. He is expected to discuss with Sri Lankan leaders the strengthening of the traditional good relations between the two countries. Mr Huang will also discuss international and
      Reuter  -  323 words
    • 483 4 AFP TAIWAN'S economy is expected to grow by 8 per cent in real terms during the second half of this year, according to a forecast by the Taipei-based China Investment and Trust Company. In an analytical report predicting economic conditions during the JulyDec period, the
      AFP  -  483 words
    • 154 4 Reuter CHINA will still have a budget deficit this year despite some encouraging figues that suggested a surplus might be possible. China had a 12.1 billion yuan deficit last year, and chief economic planner Yao Yilin said in February that one of China's aims was
      Reuter  -  154 words
    • THE REGION IN BRIEF
      • 406 4 Agencies A SOUTH Korean company, the Korea Development Co (KODECO), in a joint venture with Indonesian partners, is building a plywood plant in Kalimantan at a cost of US$2O million. Capable of producing 7.5 million sheets yearly, the plant will be completed by August next year. SAUDI Basle
        Agencies  -  406 words
  • Page 4 Advertisements
    • 903 4 m REPUBLIC Of TfXAS REPUBLIC OF TEXAS CORPORATION CONSOUMTED BALANCE SUITS December 31 (S in thousands) CONSOUDATED STATOOTS OF HCOME of Teias Corporitian and SuMtfaries Cash and due from depository institutions Cash and demand deposits Interest earning deposits Funds soW Investment securities Note 3: S 911.791 1,034,775 1,769,298 1.735.797 431,781
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    • 451 4 KOREA'S LEADING BANK KDRER S EXCHHNBE BRNK (INCORPORATED IN THE REPUBLIC OF KOREA) as of OMMiber 31,1980 STATEMENT OF CONDITION (In Thousand Won) Asset* Cash and Due from Banks Foreign Exchange Loans and Discounts Securities Customers' Liability on Guarantees Acceptances. L/Comm. Reimbursements Pending Bank Premises and Equipment Investment Assets Other
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  • TRADE AND INDUSTRY
    • 298 5 EMINENT author and sociologist Ezra Vogel will be in Singapore next month to share his views on the Japanese industrial experience. Professor Vogel will speak at a seminar called Learning From the Japanese Experience on July 27 and 28. He will explain why Japanese
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    • 509 5 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 m Managerial Accounting and Finance, NPB Cuppage Centre, NPB June 15-July 29: EDP II (Personnel Management) Module 111 Wage and Salary Administration, NPB Cuppage Centre,
      509 words
    • 271 5 Asia/Pacific BERGER Paints Singapore has appointed Mr Andrew Siow as industrial sales manager. Mr Siow, who joined the company in December 1980 will be responsible for all aspects of sales of industrial paint and container coatings. Trans World Airlines has appointed Mr David R Balfour as regional
      Asia/Pacific  -  271 words
    • 238 5 A $1.6 MILLION network of clocks will keep time at Changi Airport which will be officially opened tomorrow. At the heart of the network of clocks, donated by Seiko, is a master clock which controls six sub-mas-ter clocks. Each sub-master clock is in
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    • 71 5 THE Provisional Mass Rapid Transit Authority will be conducting an origin and destination survey during the next few weeks. In the first part of the survey, about 5,000 owners of goods vehicle will be asked to complete survey forms sent to them through the mail. During the second
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    • 628 5  -  By RICHARD SEAH SINGAPORE Offshore Petroleum Services has commissioned Jurong Town Corporation to draw up a master plan for its offshore base at Loyang. Under the plan, warehouses, offices, roads and the drainage system will be laid out to ensure the best use of the
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  • Page 5 Advertisements
    • 270 5 "The Tadano hydraulic cranes automated cut-off keeps us accident-free Qnh Phi Maii Manamnn f"\i Soh Chi Hou. Managing Director, Public Crane Pte. Ltd. I m m 7 Wfi 1 1 Muhico isn't saying it \buare. V r Public Crane has been in the crane rental business since 1962.They began with
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  • RAW MATERIALS
    • 830 6 FURTHER government assistance in the form of fiscal incentives and the early finalisation of both the National Minerals Policy and the National Mining Code could reverse the decline forecast in the tin-mining industry's real growth. A decline of 2.5 per cent in Malaysia's tin production
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    • 228 6 RUBBER prices in Singapore yesterday closed slightly easier with July One RSS buyers quoted at 232.50 cents per kilo, down 3.50 cents from last Friday's close, dealers said. Morning prices were marked down slightly on some stale bull liquidation and lack erf buying support, they said. Afternoon prices lost
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    • 140 6 THE Kuala Lumpur market yesterday closed slightly higher despite the lack of trading interest, dealers said. In July, central was unchanged from last week to close at M 51,055 a tonne and north traded at $1,075. In August, south and north were done at $965 and $955 respectively
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    • 80 6 THE STRAITS tin price in Peuaag yesteday (ell 17 cents u M 528.85 a klle, dealers said. The weaker sentiment •ver the weekend was dne to reduced baying support mainly frsm Japan and locally while Esrspe continued absent. Buffer stock manager support, estimated at 5# tonnes each on
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    • 34 6 Rubber: June 29 Singapore: July: 232.50 cents (down 3.50 cents) Malaysia: July: 252.00 cents (down 5.00 cents) Tin: M 528.86 per kilo (down 17 cents) Official offering: 190 tonnes (up 58 tonnes)
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    • 32 6 Reuter EAST Malaysian state of Sarawak pepper exports in January/December 1980 fell to 30,709 tonnes from 36,118 tonnes in the same period a year earlier, the Pepper Marketing Board said.
      Reuter  -  32 words
    • 333 6 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int 1 R.S.S. prompt f.o.b. 226 00 227 00N Int. 1 R.S.S July 233 00 233.50 Int. 1 R.S.S August 240 50 241 00 lat. 2 RSS m 00 218.00N UK/Coat 216 OQ 217.00N Int. 3
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    • 103 6 NOON SSI I 1 I [arday EA8 SSR 20 SSR50 MRELB (1 too paltetl <l um pate) Mr (Carnal Mlk) Bayan Saltan 206. SO 210.40N 206 00 206 00N <Fortart*MU) Bayer* Saltan 210.50 21L60N ***** 210 00N SMR CV SMR L SMR 5 SMR CP SMR 10
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    • 192 6 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yarn: China Blue Phoenix 208 2,360; 32s 2.870. 40s 3,010 (per bale of 400 lbs). Pteee f is: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and
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  • Page 6 Advertisements
    • 1046 6 BANKof BOSTON ASSETS THE FIRST NATIONAL BANK OF BOSTON (Incorporated in tho U.S.A. with Limited Liability) Consolidated Balance Shoot, 31st DECEMBER 1980 (in thousands of US Dollars* except per share omount LIABILITIES AND STOCKHOLDERS' EQUITY Cash and duo from banks: Cash and non-interest bearing due from banks. Due from banks
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    • 374 6 ffl CSB CENTRAL SUGARS BERHAD (A member of the MUI Group) INTERIM DIVIDEND The directors have declared an interim dividend of 10% less 40% Malaysian Income Tax for the financial year ending 31 December 1961. CLOSING OF REGISTER OF MEMBERS NOTICE IS HEREBY GIVEN that the Register of Members will
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  • RAW MATERIALS
    • 690 7 COFFEE: Short covering Jahead of today's ICO executive board meeting steadied Yobusta futures in mid and they ended the midday call above contract lows, but showing losses of £2.50 to £4.50 a tonne on the previous close. Dealers noted buying by one trade house had also lifted prices.
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    • 625 7 FT #OR OVER 192 km, the ijoad went out from Kunuliurra, a township of 5,000 people and of no particular ifierit. There were no hamlets, no houses, no petrol Rations, no turnoffs, and no people only a silent endless landscape of red-brown ijiountains, coolibah trees and brackish creeks.
      FT  -  625 words
    • 181 7 CHINESE Pridiee Exchange, Singapore, noon closing prices per 199 kg yesterday. Coeoaat oil: Bulk fob »116.00 sellers, old drum (in second hand drum) fob $129.00 sellers, new drum fob (135.00 sellers. Copra: Mixed (loose) $£9.00 buyers. Pepper: Muntok white pepper fob Asia NLW $385.00 sellers, Sarawak white pepper
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    • 327 7 SINGAPORE: Yesterday's closing prices in SI 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, Special
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  • ASIAN STOCKS
    • 511 7 TOKYO THE Tokyo Stock market average yesterday rose 83.11 points to close at a record 7,851.73 on selective buying over a wide broad front, dealers said. Smaller domestic investors actively bought bargain priced blue chips in view pi a predicted further recovery of the 'Japanese economy in
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    • 231 7 THE Swire Group yesterday led the way as the market jumped 32 points. After having been quite dull during the run up to 1780, Swire Pacific and Swire Properties both added $1.10 to $19.90 and $16.40 respectively. Most other blue chips also made gains, but not as spectacularly. The
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    • 362 7 THE All-Ordinaries index slipped below the 700 mark for the first time since March 13 as domestic prime lending rates rose to record highs and traders continued to square positions ahead of the end of the financial year, brokers said. The Rundle Shale oil twins were among the big
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    • 97 7 STOCK prices yesterday continued to decline in sluggish trading, dealers said. Bangkok Bank fell two baht to 250, Siam Credit one to 62, South Asia Fibre four to 70 and Saha Union two to 151. JUNK 1 Ailt Fibre Bahle Aruthay* In» And Tniat Banckok Bank Btoi Of Ayudhaym
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    • 116 7 THE market yesterday closed firmer as turnover fell slightly to one million pesos from last Friday's 1.1 million, dealers said. CDCP, Ist Phil Holdings, and San Miguel B rose while others were unchanged or untraded. JUNK Paaoa Acoje Mining AUaa Coo A Atlas Con B. MM ZZZ MJt unch
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    • 29 7 H.K.HANG SENG Monday 1730.M Friday 1707.57 Week Ago 1677.36 AUSTRALIAN INDUSTRIALS Monday 751.8 Friday 751.9 Week Ago 750JJ ALL ORDINARIR8 Monday 688.7 Friday 700.1 Week Ago 706.1
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  • Page 7 Advertisements
    • 13 7 FURNITURE AII H Touch of Class 'LUXURY lINTERIORS PTE. LTD. 821, Plaza Singapura
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    • 821 7 SECURITY PACIFIC CORPORATION AND SUBSIDIARIES (PRINCIPAL SUBSIDIARY: SECURITY PACIFIC NATIONAL BANK, 1205 OCBC CENTRE, SINGAPORE 0104) Total liabilities and stockholders' e $27,794,208 $24,923,382 Report of Independent Certified Public Accountants To the Stockholders and the Board of Directors Security Pacific Corporation: We have examined the consolidated balance sheet of Security Pacific
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  • 326 8 PRINTERS should spare no effort to seize the golden opportunity with which they have just been presented. They should not just sit and wait because higher postage in Hongkong alone is not enough to push foreign publishers of periodicals and magazines to our shores. Publishers who
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  • 219 8 IT IS A superb demonstration of the Government's pragmatic approach to things. If a policy or programme is not working as planned, modify it to make it suitably attractive. In this case, the free financing scheme will give the Housing and Development Board added muscle to tackle
    219 words
  • Article, Illustration
    1211 8  -  By PATRICK MASSEY Reuter IN ITS FINAL week, the Israeli general election has turned to highly charged debate about the character of Menachem Begin is he villain or hero? The issue is being hammered home by the opposition Labour Party with advertisements openly describing the Prime Minister as
    Reuter  -  1,211 words
  • 981 8  -  'There is a tendency to talk about the growing gap (between rich and poor nations) and to say the World Bank is not doing its job. But this begs the question, what would be the gap if there were no World Bank? That is why I am doing
    Reuter  -  981 words
  • Page 8 Advertisements
    • 558 8 THE BANK OF CANTON, LIMITED (Incorporated In Hong Kong on 21st February 1912) BALANCE SHEET AS OF 31 DECEMBER 1980 Liabilities Share Capital General Reserve Profit and Loss Account Shareholders' Funds Current Deposits and Other Liabilities Amounts due to Subsidiary Companies Amounts due to Associated and Related Subsidiary Companies Proposed
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  • Page 8 Miscellaneous
    • 1444 8 NUCLEAR WARFARE WE MIGHT all be IdlJed if a nuclear hUctiit rears. Naelear Slgbtmturs... 7*e iin 7Tut Mast Never Happea (ch 5, 11.11) delves InU this pssslblllty throagh Barrator Peter (Jstlaov wb« points •it the various ways It cnM happen. A conventional war caald escalate lata naclear warfare; a smaller
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  • 1781 9  -  THE DILEMMA FACED BY THE BANKS IS NOT MERELY COMMERCIAL. THE ACTION THEY TAKE OVER THE RESCHEDULING OF POLISH DEBT COULD TIP THE BALANCE FOR A SOVIET INVASION By PETER MONTAGNON FT DISMAY and disappointment reverberated round the banks of Europe when it
    FT  -  1,781 words
  • 212 9 AND the Management Services team that's now looking into ways to rid the civil service of red tape like excessive form-filling should take a look at some of the Education Ministry's forms. A father, filling in a ministry form his daughter had brought back from school,
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  • Page 9 Advertisements
    • 292 9 Jk V -i "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
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  • Page 9 Miscellaneous
    • 45 9 I MPO£_ SIThNG Pf3c*>4D lt4 roy SKI OUTRT.... r-» -N 504# JliSt(^:lfonkl)ictenS u*nt<£r voo CPSN *€m .?T e t ®-o" I'-A n^i WPvD TO F*GWT my WFV/ THROUGH p> TO Ge"T Me«e TDDPiy.... NOW LOOK PtT uer jfscxeT FSND TtsoOSeRS... Dp»rap COUP*? P*JD CUFFS 30,!r
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  • MONEY AND EXCHANGES
    • 449 10 THE US DOLLAR has weakened from last Friday's closing on the local foreign exchange market yesterday. Against the Singapore dollar, the US dollar opened at 2.1290/00. Rates crept all the way up and it closed at the height 2.1310/20. Dealers said the market was quiet because of the
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    • 22 10 THE average rate ml which major Singapore banks are currently prepared to lend to their best customers is 13.K per cent.
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    • 201 10 SINGAPORE gold futures yesterday closed sharply lower compared with last Friday's close in moderately active trading, dealers said. Total sales for the day was recorded at 214 lots while kerb volume at 34 lots with interest mainly centred on August, October and December contracts. Prompt closed easier at US$436/439
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    • 43 10 Ffl Ttai New York 9 20B 9 45B 9«S 9 66S Zurich 9 206 9 JOB ».«S 9.T06 ■VI Singapore MM 9 25B rn 9.45B 9 45S 9.65S Closing prices in US dollars a troy ounc t. Source: Credit Suisse, S'pore
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    • 190 10 ASIAN RATES ASIAN currency deposit interbank rates as at close on June 29. U8 Doll*r»(8potl Offer Bid 7 days 18 s 18'» 1 month 18V16 18 3/16 2 months 181/16 17 15/16 3 months 181/16 1715/16 6 months 17 7/16 17 5/16 0 months 16 9/16 16 7/16 12 months
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    • 45 10 RANGE of prices oOered by discount houses on June 21: Overnight: JOf lotH9 Call deposits: Y* to Vit Clouaf BsriM SelUu 3-month Treasury bills 6' 6 3-month Bank bills 12 J 12 3monthsCD 11H 11W 6 months CD I|Vk 11H Source: National Discount Co
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    • 125 10 THE dollar for overnight delivery yesterday closed firmer at 225.10 yen, compared with a 224.10 opening, a 223.90/224.10 close in New York and 224.00/15 on the West Coast last Friday, dealers said. However, this was easier than the 225.80 close here on Friday. Trading was moderate with volume US$l.O2
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    • 50 10 THE US dollar yesterday firmed against most major currencies in thin late trading, after opening steady yesterday morning, dealers said. Banknote rates yesterday US 5.52/5.54 UK 10.70/10.90 Burma -1.20/1.50 India 5.20/5.60 Indonesia 0.78/0.88 Japan 2.455/2.465 Korea 0.T7/0.87 Philippines 0.67/0.68 Singapore 2.58/2.60 Malaysia 2.37/2.39 Brunei 2.53/2.55 Thailand 25.70/26.20 Taiwan —14.00/14.20
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  • Page 10 Advertisements
    • 1422 10 Bangkok Bank Limited (Incorporated inThaland) BALANCE SHEET A 8 AT DECEMBER 31ST 1960 LIABILITIES AND SHAREHOLDERS' EQUITY DEPOSITS Demand deposits Savings and time deposits Deposits in foreign currencies Total deposits DUE TO BANKS interest bearing DEMAh© LIABILITIES BORROWINGS Domestic borrowings Foreign borrowings Total borrowings PROVIDENT AND PENSION FUNDS ACCEPTANCES OUTSTANDING
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  • BANKING AND FINANCE
    • 325 11 Reuter STERLING is likely to rise against the dollar to US$2.lO In three months but will decline to $2.00 after six months, UK broker James Bapel and Co said. Its international bond and currency review said it bases its forecast of short term gains
      Reuter  -  325 words
    • 678 11 NYT AMERICA'S credit markets continue to expect lower interest rates in the wake of slower money supply growth. But the long-anticipated decline cannot occur without some supporting moves by the Federal Reserve, many analysts say. The Fed's willingness to keep the interest
      NYT  -  678 words
    • 67 11 INDUSTRIAL Commercial Bank reduced its prime lending rate to 13 per cent from 13 Vi per cent yesterday. It raised its nine and 12 months fixed deposit rates to 10V« per cent from 10'/» per cent but kept its one, three and six months rates unchanged at
      67 words
    • 158 11 THE FOURTH annual international banking operations seminar of the Society for Worldwide Interbank Financial Telecommunications (Swift) will be held in Dusseldorf from Sept 21 to 25. Over 1,000 bankers from 30 countries are expected to attend SIBOS '81, the most important annual meeting of operational
      158 words
    • 149 11 Reuter THE ROYAL Bank of Canada said it completed the purchase of the out-standing shares of Orion Bank, the London-based investment bank, and associated companies comprising the Orion banking group. The name of the Orion Bank has been changed to Orion Royal Bank Ltd and the business formerly
      Reuter  -  149 words
    • 205 11 AFP Reuter AN AGREEMENT tor the warM's largest stogie syadlcated toaa yet U94 Ml11m la expected to be signed today to 8u FraaclsM. The toaa Is between a gnap sf 82 leaders tram 11 muMm aad the Mezleaa state petratoam earpsrattoa, Pemex. Dal-leM
      AFP; Reuter  -  205 words
    • 436 11  -  By LILLIAN CHEW OVERWHELMING demand for the Industrial Bank of Japan's latest floating rate certificate of deposit has prompted the managers to raise the issue size to US$4O million. This ranks IBJ's issue as the largest Japanese FRCD in the Asian dollar market to-date. Before this
      436 words
  • Page 11 Advertisements
    • 1395 11 0 Bangkok Bank Limited (Incorporated in Thailand) BALANCE SHEET AS AT JUNE 30, 1980 LIABILITIES AMD SHAREHOLDERS' EQUITY DEPOSITS Demand deposits Savings and time deposits Deposits in foreign currencies Total deposits DUE TO BANKS interest bearing DEMAND LIABILITIES BORROWINGS Domestic borrowings Foreign borrowings Total borrowings PROVIDENT AND PENSION FUNDS ACCEPTANCES
      1,395 words

  • INTERNATIONAL STOCKS
    • 880 12 NYT CONOCO and Cities Service are apparently engaged in preliminary merger discussions that, if successful, would create the seventhlargest oil company in the United States. The two companies refused to confirm widespread industry reports that they were involved in merger talks. But both companies requested last
      NYT  -  880 words
    • 128 12 Reuter PEt'GEOT, Europe's fourth largest ctr-n»krr, has reported a 1,5 M million franc trading loss for last year compared with a I,BM million profit In 1979. The figures reflected a sharp decline in sales by its domestic subsidiaries, Automobiles which makes Peugeot and Talbot (formerly Chrysler)
      Reuter  -  128 words
    • 472 12 Reuter HONDA Motor Co's stock price in New York has more than doubled over the last six months even while new protectionist barriers were being erected in its US and European markets. Following lengthy negotiations between the US and Japanese governments, Japan agreed last month to
      Reuter  -  472 words
  • Page 12 Advertisements
    • 755 12 The American Express Card serves you well, wherever good food is served". o wme.dine tr X 4 t rV* S ffir! bW ,3 Thew easy style vocal harmony and wide repertoire ot nostalgic oldies and popular hits will soothe you into a very relaxed mood At the Imperial Bar 8
      755 words
    • 244 12 See Page 7 for Asian stocks u A I 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.
      244 words

  • COMPANY NEWS 1
    • 423 13 THE STAKE of Goodyield Plaza in newly relisted Pegi Malaysia should go up to 67.5 per cent from 50.26 per cent once all the deals to take over the 21.196 million shares of Dunlop Holdings and 50.2 per cent of Synthetic Resins
      423 words
    • 696 13 PERAK Carbide Carparatlan Bhd has been queried by the Kuala Lumpur Stock Exchange (KLSE) on whether it knows of any reason for the substantial turnover in its shares and whether there are any important matters pending announcement. THE KLSE has queried Electrical and Allied Industries Bhd as to
      696 words
    • LATEST RESULTS
      • 43 13 pretax earnings for the six months to March 1, 1981 dropped to M 5402,000 ($441,000), despite a marked improvement in turnover to $7 million from $5.35 million. Its directors have declared an interim dividend of lOp per share gross (unchanged previously).
        43 words
      • 57 13 made a group pretax profit of $2.96 million for the six months to March 1981 ($2.13 million). Turnover for the period was also much higher at $12.16 million from $9.52 million previously. At the aftertax level, the group's profit registered a more than 40 per
        57 words
      • 73 13 pretax profit of Metal Bsx Bhd amounted to Ms9.B million for the full year to March 1981, compared with $9.01 million previously. Sales turnover rose to $86.26 million from $71.58 million. Profit after tax and minority interests was a shade better at $5.06 million, compared with $4.88 million previously.
        73 words
    • 954 13  -  By THE CITY STAFF "EXECUTIVE suite bloodletting" at the giant Toyota group headquarters in Japan, particularly in its marketing arm, is at the bottom of a growing belief in the stock market that a switch in the Toyota car franchise in Malaysia might be
      954 words
    • 227 15 ALLIED Chocolate Industries yesterday denied a press report on a proposed takeover of its Hongkongbased parent. Allied Food Industries (Far East) by US-based General Foods. AFI owns 50.03 per cent of ACT. On rumours about Si me Darby's interest in the company, an ACI official told
      227 words
    • 687 15  -  Market Talk... By WONG SOUK YEE UK stockbroking firm Lurence, Prust has projected a strong recovery in profits this year and better longterm prospects for Guthrie Corporation. In its June 10 issue of Far East investment digest, the broking firm said the sale of the
      687 words
    • 280 15 AFTER nearly eight years absence from the trading boards of the stock exchanges of Singapore and Kuala Lumpur, Veneer Products will finally make its re-entry tomorrow. The shares will resume trading under the second section of the Industrials and Commercials. Besides its original 5.71
      280 words
    • 270 15 Valuations of H C's assets FT THE 1960 annual report of plantations and trading company Harrisons and Crosfield (H t C) gives latest valuations of the group's UK properties as follows: The head office at Great Tower Street, London, at £6.7 million which produced a surplus over book value of
      FT  -  270 words
    • 252 15 PACIFIC Development Credit (PDC) Berhad has revealed more details of its recent $120 million acquisition of property-owning company Menang Holdings Sdn Bhd In reply to KLSE queries, PDC said that it will make an estimated profit of about $47 million from the sales of houses
      252 words
    • 674 15 Carreat Ex Beeks Date Trial (er Trial !*r Pmymeat Date Clese PajraMe the year Prevleas y< API 3%TE Jun 10 Jun 22 Jul 13 3%TE Acma 15%(b) Jun 23 Jun 30 Jul 9 15% 14.5%(a) Akwm 5% Jun 11 Jun 23 Jul 15 10% 12% A pall* 5%
      674 words
    • 434 15 Company Particulars Ex Date Books Close Akwm Proposed rights issue of 2 for 1 fe $1.70 per share NYA NYA API Rights issue of 1 for 1 $1.00 per share Jun 25 Jul 7 Mfard Bonus issue of 2 for 1 Jul 8 Jul 20 BaOStead Rights issue
      434 words
    • 703 15 SSTCXSCL.» HOCK LOCK SIEW IT was altogether a happy package for Metro shareholders over the weekend: sparkling results, a bonus issue and a rights issue offered at a good discount to the market price. When compared with the interim figures, the group's full year's
      HOCK LOCK SIEW  -  703 words
  • Page 13 Advertisements
    • 46 13 NOTICE Leading Overseas Managamant Consultants need For their clients PROJECTS, VENTURA AND INTERNATIONAL LOANS Prime Bank Guarantees will be provided. Genuine Lending Institutions or their Authorised Agents. Write giving full particulars for further details to: B.T. Box No. 5284, No. 1, New Industrial Road, Singapore 1953.
      46 words
    • 963 13 THE CHASE MANHATTAN BANK. N.A AND SUBSIDIARIES HEAD OFFICE: 1 Chase Manhattan Plaza, New York, New York ***** CONSOLIDATED STATEMENT OF CONDITION CONSOLIDATED STATEMENT OF INCOME Assets Cash and Due from Banks Interest-Bearing Deposits Placed with Banks Investment Securities: U.S. Treasury Securities Federal Agency Securities State and Political Subdivision Securities
      963 words

  • 1938 14 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acm* (4 40S)
    1,938 words
  • 189 14 SINGAPORE UNIT TRUST DIAMOND MOT STOKE (M —g prtea tor Jaa M) (Managers' prtoaa tor Jaa M) The Commffcf 406 4 26xd Diamond S pore Fd USJ100 The Savings Fund 2 32 2.44 s»2137 S pore Prof Fund 1.7» 1.87 S pore Sec. Fund S pore Invest Fund
    189 words
  • 2745 14 Gr'» Gr'» Net 1MI Last Div Div Y'ld P/E Vol Day High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 490 320 Acma 440xd -14 14.5 3.2 32 15.7 29 448 440 Alcom 300 10.0 2.0 35 25.0 334 130 Allied Choc
    2,745 words
  • 1887 14 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 DOHJ&nUALfi AIM <4 448 4.506) (9) 4 54 4.50 (1) 4.42 (I)
    1,887 words
  • 158 14 ACMA Electrical lad*striM Limited: AGM to be held at 9 Gul Circle, Jurong Town, Singapore 2262 on June 30 at 10 am. APOLLO Enterprise* Limited: AGM to be held at the Conference Hall, 18th Floor, Apollo Hotel, 405 Havelock Road. Singapore 0316 on June 30 at 11 am.
    158 words
  • 720 14 UNFETTERED by Ike resalts sf the [Idm etecttoas, the stock market nmkiaed la gaad shape yesterday. lie meralag epeoed easier wltfc sbert-selllag aad tlqaldatfsa by weak balden wfce expected aaatker (all la prices, amidst aacertalaty as to wketker Malayslaa Plaaaee Minister Teagks Rasalelgk weald
    720 words
  • 611 14 SHARE prices retreated across a broad front after ao easier start at the Kuala Lumpur Stock Exchange yesterday. This came following the conclusion of the much talked about Umno elections over the weekend, which attracted wide attention, particularly the choice of candidate for the deputy
    611 words

  • Page 15 Advertisements
    • 635 15 called us busybodies the other day. and he 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-equipped in further
      635 words

  • 323 16 AP A POWERFUL bomb wrecked the Teheran headquarters of Iran's dominant Islamic Republican Party (IRP) on Sunday, killing Chief Justice Ayatollah Mohammad Beheshti and 68 other fundamentalist leaders in a daring challenge to Ayatollah Ruhollah Khomeiny's Islamic revolution. Iran's state-run Pars news
    AP  -  323 words
  • 241 16 Reuter GOLD slumped to an 18month low on European bullion markets yesterday, continuing a slide that has wiped more than US$23O a troy ounce off the price since last October. Dealers said that high dollar interest rates were still the main reason for the
    Reuter  -  241 words
  • 338 16 IN THE first case of its kind in Singapore, a total of 22 charges of contravening the Banking Act were filed yesterday against Asia Commercial Bank and two of its directors. No pleas were recorded from the bank's representative, general manager Da\'' Yew
    338 words
  • 463 16  -  By THE CITY STAFF PERAK Carbide has made several acquisitions costing nearly $90 million. The group has agreed in principle to buy five companies and 12 luxurious apartments for $89.75 million. This would be satisfied by the issue of 44.875 million new Perak Carbide shares valued at
    463 words
  • 267 16 UNITED Estates Project Berhad, the developer of Subang Jaya town in Selangor, is applying for a Kuala Lumpur Stock Exchange listing with a public flotation of 25.5 million of its shares at $1.40 each. The company itself is issuing five million new shares, while the
    267 words
  • 361 16 THE National (niversity of Singapore will bf confering honorary degrees on Dr Yeoh Ghlm Seng, Mr Maurice Baker, Haji Ya'acob bin Mohamed and Philippine Foreign Minister Dr Carta Komulo later this year. Speaker of Parliament and Singapore's Acting President, Or Yeoh will be awarded
    361 words
  • 466 16  -  By SIOW LI SEN EXECUTIVES of a major American company are expected in Singapore today to discuss joint venture or some form of manufacturing arrangement to keep Rollei Singapore as a going concern. In the last few months, teams from Japanese and European camera
    466 words
  • 823 16 LONDON, Mon. Gold mining shares were weak in fairly active trading today as the bullion price fell to an afternoon fixing of U*****.75 while industrials were mixed in quiet trade, dealers said. At 3pm, the Financial Times index was up 2.8 piints at 543.7. Gold producers edged lower
    823 words
  • 90 16 AP NEW YORK. Mon. The stock market edged upwards this morning with a lift from some favourable interest-rate portents. The Dow Jones average of 30 industrials rose 0.95 points to 993.82 in the first half hour. Gainers outnumbered losers by a 7-to-6 margin. Late last Friday, the
    AP  -  90 words
  • Page 16 Advertisements
    • 151 16 FACTORY REPRESENTATIVE E OR SOUTH EAST ASIA ST/HL(S.E.A.)PTE LTD Unit 1003. 10th Floor Tan Boon Liat Building. Outrafn Road. Singapore 0316 Tel *****47 (3 Lines) Cable STIHLSEA Telex RS ***** ANTWERP HONG KONG LOSANGELES nn JOHANNESBURG PRESIDEX THE PRESIDIUM DIAMOND EXCHANGE SINGAPORE: 10th Floor, Wellington Building, 20 Bideford Road Singapore
      151 words
    • 31 16 Happy Endmqs, I I I tab(e uvdat c rag the timeless rituals of the BMOU'jg SSBW SWJA. Intemdtional-Asb/Pacific Tfie someplace speciafto take someone spccial. For reservations, please call *****66 ext 134/144
      31 words
  • Page 16 Miscellaneous
    • 65 16 IWEttTWCTI Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few areas around midday. Report for 24 hours prior to 7.34 pm on Jane 29 at the airport. Maximum temperature 28.5 Associated humidity 78 Minimum temperature 22.9 Associated humidity 94 Hours of sunshine 0.40 Rainfall in
      65 words

  • SHIPPING TIMES
    • 281 17 A DIRECT shipping service between Labuan and Taiwan has resulted in the important duty-free Labuan island of getting into the copra trade from the southern Philippines. Started earlier this month on an experimental basis, it is hoped that the service will even up the trade
      281 words
    • 644 17  -  By JUNE LIM THE Singapore Association of Shipbuilders and Repairers (Sasar) intends to work with Singapore Institute of Standards and Industrial Research (Sisir) to standardise some of the components used in the shipyards. This is in response to a survey conducted among rigbuilders,
      644 words
    • PORTSIDES
      • 116 17 Reuter A "LEAP-FROGGING" strike by six Australian maritime unions is holding up half the country's cargo fleet, union spokesmen claimed. The six unions, representing most sea-going trade classifications, want two crews for each Australianflag ship. Federal secretary of the Australian Seamen's Union, Pat Geraghty, said each union was
        Reuter  -  116 words
      • 49 17 Reuter THE Wah Kwong group of Hongkong has ordered a 70,300 dwt combination carrier from Kawasaki Heavy Industries Ltd, Wah Kwong managing director George Chao said. The ship is due for delivery in March 1983 and will cost about HKSIBO million, payable in yen. Reuter
        Reuter  -  49 words
      • 228 17 THE Far Eastern Freight Conference (FEFC) announces that "significant decreases" in the price of bunker fuels have resulted in a radical situation in the interim bunker adjustment factor (BAF). The new calculation represents a swing of more than the 4 per cent required under the formula for
        228 words
    • 702 17 Shipping Line C*J Skipping Line Page CM A< hipelego vn 4 Everett Orient IV 4 Afea VI 3 Evergreen IV 3 Afro-Eurasia VI 2 Fesco vn 4/5 AH trans vm 3 Flotta Lauro v 5 Alpac VI 5 Fountain vm 2 Angkutan VI 4 Franco-Belg m 4/5
      702 words
    • 411 18 MORE larger bulk carriers are being accepted by the world's main terminals, which in some cases are developing their facilities further to deal with an expected growth in trade. Between 1975 80 the number of large bulk terminals capable of accepting vessels of over
      411 words
    • 1113 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time HK Express 46/552 28.6.81 2359 Segani TA 4 VC Macol Ace 103 28.6.81 1200 Kim Shpg TA 4 VC Slri Bhum
      1,113 words
    • 1443 18 NORTH AMERICAN grain freight rates on Friday generally ruled steady with slightly more chartet ing interest evident. Business from US Gulf to Japan at U5526.50 showed a 50 cent rise, while a fairly steady (19 was paid from US Gulf to Norway. Limited bookings from the US west
      1,443 words
    • 437 19 EXPECTED ARRIVALS TODAY KEPPEL WHARVES AM Carrier (Tanker) (0800 subject gas free, C/O) 13/14 Builder m (0700 21 East Bunga Saga (2100) 21 West Catamarca n (1000 42 43 Frasinet (19d0 after Nedlloyd Leuve)s Iran Meelad (1800 after Joseph Lykes Hau Giang) 35 36 Kota Indah (0700
      437 words
    • 293 19 AP NORMAL shipping resumed on the Yangtze River last week with the opening of two locks to carry shipping around a giant dam built to harness China's biggest waterway, the official Xinhua News Agency reported. The 2,516-metre dam across the 6,300-kilometre river in Hubei province
      AP  -  293 words
    • 561 19 Lloyd's List SWEEPING changes are in the course of being made to the US Maritime Administration (MarAd) and the Federal Maritime Commission (FMC). One big surprise that will be welcomed in UK /European maritime circles is that former FMC chairman Mrs Helen Delich
      Lloyd's List  -  561 words
    • Article, Illustration
      212 19 THE Pert of Slagapcre Authority (PSA) teek delivery of the seeead of twa of Its fear new bar beer tap yesterday. Hie I a/ear, the latest te Jala the existing PSA tag fleet of 15, Is a 3,2 ft BHP VOIUI Schneider tag. It Is 31 metres
      212 words
    • 257 19 NORWEGIAN Shipping Company, Wilh Wilhelmsen, and the Swedish OT Rederierna AB (Johansson Group) have agreed to establish a joint operating company to strengthen the two companies' present interests in the liner trade between Europe and the Middle East. The new company, named Seanmideast, will have its head office
      257 words
    • 1066 23 SCHEDDLE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      1,066 words
    • 228 24 THE 17th International I—MM seminar June 28-July 2, Rio de Janeiro, Brazil. Maaaging offshore emergencies June 29-July 2. Norwegian Petroleum Society and Ship Research Institute conference, Stavanger. Roßo TH June 30-July 2. The fifth international conference and exhibition on marine transport using rollon, roll-off methods. Congress Centrum, Hamburg.
      228 words
    • 759 24 AFP HONGKONG is up in arms over what is seen as yet another "raw deal" from Britain because of London's decision to grant a multi-million dollar contract for construction of five patrol boats for the Colony to a British shipyard. Two Hongkong shipyards had
      AFP  -  759 words
  • Page 17 Advertisements
    • 511 17 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 rcaaapa CONTAINER Schedules II SHIPS In Port II SHIPPING List VII REGIONAL Weather VIII SHIPPING Events VIII IA RDINI AN I AH f
      511 words
    • 48 17 ul 29 tug 2 Aug 5 >ug 5 >ug 9 Aug 12 tug 12 iug 16 Aug 19 Baltimore Nortofc Aug 1 Aug 3 I Aug 9 Aug 8 Aug 10 Aug 15 Aug IS lE2uS3 Sea Iw a Land istomer Service/Booking 777f\727 Terminal *****53/*****37 Sailed lun 30
      48 words
    • 589 17 ,4. BALT-ORIENT LINE Baltic Shipping Co Repiar Services from South East Asia to United Kncdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF. ATLANTIC, EAST CANADA, ASIAN PORTS TTTT3 art I. II m I
      589 words

  • Page 18 Advertisements
    • 736 18 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Container jgto Feeder *P Kelang To tmw Feeder *P Kelang Vessel Spore Msedles 2) 3) Hburg 4) Gburg 8 DAHLIA Sid NIHON In
      736 words
    • 196 18 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA Uri t/7 7/7 1/7 U/7 1/7 a/7 a/7 vi *XT nanus "BARBER PRIAM" Mr 3. "BARBER THERMOPYLAE" My 5, "BARBER TAIF" Mr 17. "BARBER TOBA" 2. TO: PANAMA US ATLANTIC EAST CANADA US GULF I MEMELAUS" My 2 14/1 21/1 1/1
      196 words

  • Page 19 Advertisements
    • 698 19 OCL Overseas Containers Limited LMBHI HMnON ELK MMU 3/7 in 1/7 11/7 13/7 15/7 29/7 22/7 19/7 I W/7 11J/I 9/S I TK. KB. BU 15/1 I HA KS *Nm acc«p*« cap to Kmc* MQafcm. UMIM A Ma SMGAPORE MANSFELD CONTMO SHPPMG PTE LTD K. LUMPUR CONTMO MEMOES SON BHD
      698 words
    • 286 19 tfg Franco Belgian Services (Fut Frc,ch Serxice uith Pti<;\an t-ir Kiisttrr. I. irf^ 1 S poit P Keiang Blona M seilles i>noa Trwste MEDITIMAJ® A lU, 2My II My 70 My 21 My 21 My mm BIANC MARIJ 7My IMy 21 My 24 My 25 My 31 My EXCOUIMMO It
      286 words

  • Page 20 Advertisements
    • 716 20 JE Hapag-Lloyd m S pore P Keianf H burg B haven Rdam Antwerp «/7 n/i nn 30/7 12/7 14/7 5/8 9/8 3/8 18/7 1!8 9/8 10/8 20/7 11/8 13/8 9,8 a/7 15/8 17/8 18/8 27/7 16'8 19/8 20/8 Nwfct| (iprtu T*a Eiprnt MMh Bay ktmmmu Eiprns Tat* Bar ><wi Mm
      716 words
    • 598 20 KOREA S ZZ G P. Kelang PENANG S PORE VEGA 161W 4-6 My 7-9 My 10-12 My FROM BUSAH BANGKOK VEGA 162E 4-6 My 7-9 My 10-12 My TO BUSAN ALTAR 165# 27-30 My 31 My-2 Aug 3-6 Aug FROM BUSAN BANGKOK ALTAIR 166E 27-30 My 31 My-2 Aug 3-6
      598 words
    • 540 20 (7) EVERGREEN LINE I FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONDON, MANCHESTER, BIRMINGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND SWSTFRDAM S par* MM Han*w| faAxstava Mlw4am Antwerp It few* (mfeyafw tn 29/7 11/7 2/1
      540 words
    • 1158 20 Everett Lines! ma Five Star Shipping Corpn. IRMESE NATIONAL LINE' i FOR RANGOON MM PHASMMUTAWTWA BASS IT" HI«n»WTW» to Prt/30 to* B F SS C Agents in Malaysia BOUSTEAD SH*>PING TEL NOS KL *****2/*****9 Compania Arfantina Da Nava>«e»o« Intarcominantal S. A. C.I. F. Wj "ARGENTINE NATIONAL LINE" LOADING FOR DURBAN
      1,158 words
    • 433 20 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD 31 SANKYO LINE JAPAN/STRAITS SERVICE 1112/7 11-12/7 17-11/7 im/7 coon agents AGENTS n MALAYSIA P. KELAMG ocum wm t uiiupiuu pie lib smgafom m mimn t zmijt* k iiara m unm 4mtu EAST ASM 9VPME IE 3M732/3/7251 NALATSM nuoi i IMNSPOT m (7t»
      433 words

  • Page 21 Advertisements
    • 613 21 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) 25-26/8 28-29/9 1- 2/11 Accepting LCL Cargo to Colombo Aqaba. *FCL Closing 20/7 2300 Hrs. S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' EAST AFRICA/REDSEA SERVICE Singapore P.K»l»ng Panang Loading for: •COT A 10/15 July PET AM
      613 words
    • 242 21 ff. BLUE STAR LINE SING T A O PORE I NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND. NAPIER, WELLINGTON, CHRISTCHURCH, DUNEDIN SHIP SAILS STOW NEW PLYMOUTH PT CHALMERS AUSTRALIA STAR IS UY ?8 KAY 1 ADC
      242 words
    • 752 21 BENLINE CONTAINERS Penangjiaope Png Ham 6 hawn R dam Famiy Ait 7/7 toka fxprns 5/1 3 Glory Act 15/7 Alemaiaa Eipress M 11/4 17/1 ElenraAa 27/7 Tokyo Bar 17/1 19/t 20/1 FROM EUnPf HBURG B HAVEN ROAM HAVRE SO lOX W Germany Austria Benelu> France All UK P Ketang ToAa
      752 words
    • 784 21 Bgg ifis iij Sr I I 5 J V fitij I k •4 ft a '0 f A W VI >5 m 'c A i '4 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE TO MEP/UK/NC/SCAN 8 OMtW SM I PLIMCA 3/7 I OAKIA 10/; »knaga i m B OMtM 24/7
      784 words
    • 567 21 f I i I a 1 > s 1 5 i BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION S, AFRICA A VESSEL Also occepting FCL containers. Spore: July flooding direct for Reunion, Durbon and Capetown only) Lines U.S. WEST COAST SERVICE toe ftrttt Irom SfO Lbcti SPO« BIWN S'Ue/Tac VBC
      567 words

  • Page 22 Advertisements
    • 860 22 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEEDER KSSEIS* Ml S> MOTWR VESSELS Fmh tee 9N t/7 9/7 Pacfe Arron Muaa Maru Kuroiw Mam Hard Star *5 l«/ 7 IS/7 America Maru U Sf NY 2/8 tin \m Ki 10/S ToM« Mam 5/1 2t/t Cherry
      860 words
    • 659 22 J 4J 41 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Loadng tor lOS ANGELES SAW FRANCISCO SEATTLE. lACORIA VANCOUVER BC Acceptoig FCE/FCI Contamen •or 'fl> 7K" AUSTRALIA EXPRESS CONTAINER SERVICE Acceptoig FCL/FCL Contaneri NEW ZEALAND SERVICE iw*l| Iw DUCIW imiFTO* MUKTOM men wo tccwtxi Fa/Fa Man Ciw STL JAPAN SERVICE
      659 words
    • 535 22 o SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINESI GENERAL *****1 114 LINESI TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6B A/B CARSHIP CABLE CARGOSHIP Kcojioiial Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK voy ICS 19M 19S/20N m im mm* ?os/?in ?is 21S/27N
      535 words
    • 644 22 KORINS MARITIME SERVICES m 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: A VESSEL 8 Jul Bahrain BUNGA VANDA... 20 Jul Jeddah/P.Sudan A VESSEL 20 Jul Iran Ports vsj Hyundae Shipping Co. Ltd. Y'hama Kobe
      644 words
    • 594 22 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone **********4057 i i BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE Singapore Loadng for: DMT ATLANTIC* WBIOS In Port Jeddah/M'seaes/Hambwt/ Rotterdam/Hbury DMT AMERICANA WBIIO 13 hi -doFULL CONTAINER EAST BOUND SERVICE I FULL CONTAINER HK/KEE/YOKO SERVICE Saigapere Laadtag
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  • Page 23 Advertisements
    • 748 23 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): HK CONTAINER 26W C. CONTAINER 12*. N. GARNET 6W C. PAW. 27W K. CHANCE 4W........ S.S. BftDGE 32W Also accepting cargo to/from Scandinavia +K. iace|in S'pore Closing Times FCL Cargo LCI Cargo FROM EUROPE (VIA SUEZ) S.S. BftDGE 31E C. ROZE 25E
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    • 433 23 MALDIVE LINES MALDIVE IMPORTER 15/7 Loading For Male only MALDIVE SEAFARER 10/7 Loading tor Dubai/Bahrain/Ku wait MALDIVE PLEDGE Loading tor Hodeidah MALDIVE NATION 3/7 Loading For Jeddah MALDIVE TOPAZ In Porl Loading For Karachi MALDIVE PRIZE Sailed Loading For Kuwait MALDIVE PIONEER 6/7 Loading For Jeddah ETA ETA KUANTAN PORT
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    • 577 23 SINSOV SINGAPORE SOVET SHYING CO PRIVATE LTD SffSOV BUKDM6 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SINSOV SMGAPORE Telei Numbers RS ***** RS ***** RS 2510S r KEiANG M/S SHARKAT NAH SOON SON. BHD IST AND 2NO FLOOR. NO 1. JALAN CEMPEMNG PORT KLANG MALAYSIA
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    • 128 23 m I HH 3 MOTOR VESSEL FOR SALE. We have a Malaysian flag vessel registered inPenang 1976, 670 deadweight tons built in 1956 class CR2 km in working condition for Those interested please contact Mr. Thian telephone *****2 ext. 26 for further details or write in officially to:Mr. Teng Kim
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  • Page 24 Advertisements
    • 461 24 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS AND RECEIVERS REVISED BUNKER ADJUSTMENT FACTOR The member Lines advise Shippers and Receivers that as the direct result of further significant decreases in the price of bunker
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    • 281 24 I Transocean Liners (Pte) Ltd. j 1005-1008 10th Floor, Robino House, Shenton Woy, I Singopore 0106 Phone: *****33 Tele*: R*****9 Representing INTERMARITIME LTD. REGULAR SERVICE TO SOUTH AFRICA MV "ARIZONA SUN" Singapore P.Kelong Loading for: 30/7 8/8 Durban, Cape Town Agents: H.S.H. (M) Sdn Bhd. Port Keiant *****6. *****6 Kuala
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    • 388 24 ftJOHORE LY 161 lAIAN UNGK 11. SELANG SHIPPING TtNGKU BAOAR PORT KLIANG S£IANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Express UmttoaO Service from P Ketang East Malaysia Brunei P. KELANG Loading for HAY ATI V: S/ll h JJ. fJJJKJJ HAYATIV: 10/11 10/7 KK. HAY ATI V: 11/11 25/7 HAMDAH V: 12/11
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    • 340 24 KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe S pore Penang P Ketang S pore Tokyo Robe NORDBAT V 7 SM Sid Sid SU SU Sid 8/7 9/7 NORDSTAR VS 28/6 30/6 11/7 13/7 15/7 17/7 29/7 30/7 NOROBAYVB 1/7 10/7 22/7 24/7 25/7 27/7 7/«
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    • 63 24 KIONG CHUAN SHIPPING (S) PTE LTD ftn> 611 AFRO ASIA BULDNG S3 ROtMNSON DO S PO« 0106 T«t *****30 2215U3. *****14 ETA [TO Destination 1m» -IWI UK No 1" U7 4/7 Mri/BM* 2 m.» -m SUNG LIE T 2/7 Ifri/BM* 1 Nm V«s«( bwlt 1980 Owtick 15 tons Acc«*»* PaietMX
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  • Page 24 Miscellaneous
    • 176 24 V. •y. r/! I I a 7 *1 S ?s SK I 4 SSs I >/i 5i is c -A crWind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots *****1
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