The Business Times, 15 July 1981

Microfilm: NL11184
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, JULY IS, 1181 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Gold and sterling down
      78 1 AP LONDON, Tues. The US dollar rose against all major currencies in early trading, while the British pound slumped, hit by 11 nights of rioting. Gold prices also tumbled at the opening. The pound fell to a new-three year low against the dollar, dropping by nearly
      AP  -  78 words
    • Article
      Lock icon No harm done
      81 1 Reuter KUALA LUMPUR, Tues. Home Affairs Minister Tan Sri Ghazali Shafie said today that Siddiq Mohamed Ghouse did not divulge any damaging information to his Soviet contacts. Ghouse, former political secretary to Deputy Prime Minister Dr Mahathir Mohamad, has been detained for spying. Giving details to reporters
      Reuter  -  81 words
    • Article
      Lock icon Opening up to foreigners
      79 1 Reuter TAIPEH, Tues. Taiwan is considering opening its stock market to investment by foreigners and overseas Chinese, an official of the Ministry of Finance said. Foreign investors will be restricted to buying not more than 5 per cent of any one local company's shares. The restriction
      Reuter  -  79 words
    • Article
      Lock icon Sumitomo denies deal
      60 1 AFP TOKYO, Tues. Sumitomo, a major Japanese trading house, has reached tentative agreement with Libya to export 30,000 Mazda cars and pickup trucks worth U*****.3 million to the North African country. The Nihon Keizai Shimbun said Sumitomo has received a notice from Libya tentatively agreeing to buy
      AFP  -  60 words
  • Article
    Proposals to alter work attitudes
    769 1  -  ENHANCING THE COMPANY'S ROLE By WONG AI KWEI A COMPREHENSIVE plan to develop a new approach to industrial relations and bring about greater productivity has been proposed. The plan was drawn up by a committee of government and union officials formed in April to examine
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  • Article, Illustration
    GOLD BUGS OUT IN FORCE
    209 1 THE inverse relationship between the price of gold and the length of queues outside Credit Suisse in Shenton Way has been highlighted again as gold slips closer to the US$4OO mark. Gold bugs are again lining up to buy gold because they believe that the
    209 words
  • Article
    Building projects attract more South Koreans
    446 1 SOUTH Korean construction companies are poised for a bigger share of the Singapore market. Four new companies have been set up over the past year bringing the total number to eight. Although this figure is small compared with the 24 fielded by the Japanese,
    446 words
  • Article
    CPI rises by 0.7pc
    102 1 THE consumer price index (CPI) rose by another 0.7 per cent last month, bringing the rise in inflation in the first six months of this year to 5.9 per cent. Food prices, which rose by 1.2 per cent last month, contributed largely to the increase. Cheaper
    102 words
  • Article
    Analysts become cautious as index falls further
    245 1 PRICES task HMtker healtag yesterday at the Stack Exehaage *1 Stagapare thaagh the tun Me was as* as severe as that aa Miatoy. Tb*se wha had keen predlettag a recevery are saw expreaalig reaervattaaa sheet the market's streagth. Market watchers wha were nerrlly
    245 words
  • Article
    Asean CCI likely to reject joint import idea
    444 1  -  By LILLIAN CHEW THE Asean Chambers of Commerce and Industry is likely to reject a proposal suggesting that Asean countries Jointly import raw materials, commodities and industrial supplies. A report commissioned by the United Nations Conference on Trade and Development, the UN's
    444 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      344 1 m \> m i i i viii »:I:I vi OVER the next decade, Singapore will be transformed into a computer city. A bustling metropolis centred on and charged by the computer. Just what does that mean? Will we reach the targets that have been set? What obstacles must we first
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      Page 1 Advertisements Column 2
      7 1 .o*£ rid* uto°° $2s«££ <&&■ nfft Phone: *****30/*****24/*****7
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      4 1 Lea4er...psge I B®e page
      4 words
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      Page 1 Advertisements Column 4
      161 1 The Singapore's Straits Business Times World DIRECTORY at your Qf Fingertips Singapore (Buku Merah) Leader...page 8 I I!* word processing system A. a. A...., The IBM Displaywriter is a typing and text handling family of equipment with a host of functions. It's designed to be cost efficient for today's needs.
      161 words
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  • TRADE AND INDUSTRY 1
    • Article
      Kaneka invests $8m more to double output
      387 2  -  By SHANTI SEN KANEKA Singapore, the Japanese pharmaceutical manufacturer, will be investing an additional $8 million in its Jurong factory under its second phase development programme. The additional sum, which will increase its investment here to $18 million, will enable the company to
      387 words
    • Article
      NEWTON PUTS UP EQUIPMENT FOR SALE
      193 2 NEWTON, the tool and die manufacturer, has offered equipment at its two factories here for sale after closing part of its operations and retrenching a large number of employees. A range of moulding equipment will be sold at its Ayer Rajah factory while its
      193 words
    • Article
      West Germany regrets Rollei S'pore affair
      360 2 THE West German government "regrets" the recent developments in Rollei Singapore but cannot interfere as it is strictly a private enterprise. The West German Minister of State for Foreign Affairs, Dr H HammBruecher, said this at a press conference yesterday before her departure from
      360 words
    • Article
      MEMO PAD
      539 2 SEMINARS AND COURBEB July 6-Aug 21: Certificate in Organisation and Management of Maintenance System Part I, NPB Cuppage Centre, National Productivity Board July 6-Aug 28: CDP Module 2 Systems Analysis and Design, NPB Cuppage Centre, National Productivity Board July 7-31: Industrial Injection Moulding, NPB Cuppage Centre, National Productivity
      539 words
    • Article, Illustration
      Jackup rig delivered ahead of schedule
      268 2 FAR EAST-Levingston Shipbuilding (FELS) delivered a jackup drilling rig to Western Oceanic on Monday, 50 days ahead of the contractual delivery date. The rig, Western Apollo H is capable of operating on most ocean floor terrain and soil conditions and in water depths of
      268 words
    • Article
      All set to manage this national game
      327 2 SEVENTY-FIVE teams comprising university students and representatives of leading companies in the banking, computer and oil industries as well as the statutory boards will be taking part in this year's National Management Game starting on Saturday. The competition, sponsored by the Singapore Institute
      327 words
    • Article
      Always room for creativity in pre-fab methods
      363 2 PREFABRICATED or precast construction methods need not necessarily result in identical, monotonous, grey buildings. There is always room for the architect to express his individual creativity. This point was emphasised by Mr Henning Moller, a senior manager with Danish contracting company Hojgaard and
      363 words
    • Article
      Auvi '81 one of most popular exhibitions here
      234 5 ABOUT 270,000 visitors flocked to the recent Auvi '81 show, making it one of the most popular exhibitions held here. The organisers, ITF Singapore, attributed it to the fact that the exhibition was spread over two exhibition halls and that a good
      234 words
    • Article
      TRADE TALK
      586 5 THE first millionth colour television chassis will roll off the production line at the Toshiba Singapore factory today, ready to be shipped to a sister company in Tennessee, USA. This event will be a significant landmark in the short history of the Japanese TV manufacturer in Singapore. Accordingly,
      586 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      378 5 HAW Par Brothers International has appointed Mr Dsmlaie Heng as group chief accountant and Mr Ysag Km Had as director and general manager of Scott and English Ltd. Mr Heng joins Haw Par from a large trading company where he held the position of group controller/ company
      378 words
    • Article
      BP cuts contract prices
      229 5 A FOURTH all Mmpuqr ku lawered imttfi (caa tract prices) for petrel aad dimH with effect (tm M*mU> Jily 13, trlaglßg etaaer the toy whtm prtcea at ike pampa will he adjaated Wffc. The eainpaay, British Petratoam, aaM yesterday that Its ie* pasted prima far pretnlam
      229 words
    • Article
      Computer time sharing scheme
      719 5  -  By SALMA KHALIK A CANADIAN computer company, IP Sharp, has set up a branch office in Singapore to operate time sharing schemes. The company opened its own office last month after it realised that it was taking a longer time than it expected to find a
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      816 2 PA provides comprehensive management consulting services including: c iE a _c cu > 4i Q c 0 T3 'E oc w o c a; E ioc c 5 Due to substantial growth, a well-established group of companies with diversified interests in timber, fisheries, shipping, glass manufacturing and property development have
      816 words
    • Advertisement
      Page 2 Advertisements Column 2
      35 2 ROCFLOOR Resin flooring many times stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. Q /VTIi-r /V 51 Senong Crescent Singapore 1441 Batika Singapore Pte Ltd Tel: *****55
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      177 3 i m TO MM r W tiro 1 ajttaypffi aPWSE t '>i; ftfe'fc r k& n m w TW -C"**" XMtw it 4 **H* *V„ |wH«§* t^tfrfnif V.i i'.4L SI v > J'. rLST «fk *is». DEALER: Chung Shan Motors (Pte) Ltd 5-11 Goldhill Plaza Newton Road S-1130 Tel: *****22.
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  • RAW MATERIALS
    • Article
      Lock icon Strong demand for US grain predicted
      546 4 NYT WORLD and domestic demand for American com and other feed grains will be strong in the coming marketing year. Reserves on hand by Oct 1, 1982, will drop to one of the lowest levels since 1974. This prediction, by the Agriculture Department on
      NYT  -  546 words
    • Article
      RUBBER
      193 4 RUBBER prices in Singapore yesterday closed slightly easier with August One RSS buyers quoted at 226.50 cents per kilo, down three cents from Monday's close. Afternoon prices gained some ground on reserve of sellers, trade and speculative buying but eased towards the close. In Kaala Lumpur, the rubber market
      193 words
    • Article
      SOYBEAN
      221 4 SOYBEAN futures in Chicago on Monday closed 4 J 4 cents a bushel higher in old crop to up as much as 11 cents in new crop. Values settled near the top of a 12 Vj cent range. Late sympathetic local demand following strength in corn futures edged prices
      221 words
    • Article
      RAS PRICES
      398 4 RAS prices In cents per ktlo yesterday Noon rw (per kilo) Buyers Sellers tat 1 R.S.S prompt f o.b. 213.0 214 OON tat 1 R.S.S. August 2* 25 2* 75 Int 1 R.S.S September 235 00 235 50 IM 2 R.S.S. 210 00 211 OON UK Com 209
      398 words
    • Article
      SSR and SMR
      123 4 NOON SSI 1 and SMR pnca* ym* RAM Alp at fear (CirrM term 1 i MU) (Farwart MU> la;m Saltan SSR 10 II M palWti auo 304 SON 204 SO 208 SON SSR SO (l-IM pattMl 200 00 202.OON 202.00 204 00N MRKLR SMRCV 0 ton pattMl
      123 words
    • Article
      Straits Tin
      97 4 THE STRAITS til price in Penang yesterday fell (•or cents to M529.3C a Idle, still in the ITA tower range of $27.28 to PC.tl, dealers said. Sterling's weakness against the Malaysian dollar, easier svernight Load en advices and a presence s( fsreign sre contributed to the weakness, bnt
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    • Article
      CLOSING PRICES
      34 4 Rubber July 14 Singapore: Aug: 226.50 cents (down 3.00 cents) Malaysia: Aug: 247.50 cents (down 2.50 cents) Tin: M 529.36 per kilo (down 4 cents) Official offering: 238 tonnes (down 13 tonnes)
      34 words
    • Article
      WHEAT
      153 4 WHEAT futures in Chicago on Monday closed on bottom of a 7'/« cent range, down 7 V« to 3'/« cents a bushel in active trade. Late commercial prehedge pressure and steady grain spreading against wheat, buying December corn/selling december wheat, forced prices lower, traders said. Local long liquidation against
      153 words
    • Article
      LONDON MARKETS
      784 4 COFFEE: Robusta futures yesterday eased towards midday, losing most of the gains posted in early business. Dealers said the recent run-ups may have been overdone but sentiment is still firmly based in the near term. The market moved quickly ahead at the opening reflecting weaker stera against the
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    • Article
      PALM OIL
      158 4 THE Kuala Lumpur market yesterday closed .lower on continued lack of buying support in 'moderate trading, dealers said In July, the north region fell Msls to 51,045 a tonne and south down $7.50 to $1,037.50 while central was unchanged at $1,060. In August, south dropped $12.50 to $982.50
      158 words
    • Article
      Produce exchange
      175 4 CHINESE Pradsce Exchange, Stagaparr, clasiag prices per 111 kg yesterday. Caeaaat ail: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers. Capra: Mixed (looGe) $72.75 buyers. Pepper: Muntok white pepper fob Asia NLW $372.50 sellers. Sarawak white pepper faq
      175 words
    • Article
      TEXTILES
      196 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) CatUa yara: China Blue Phoenix 20b 2.375; 32s 2.890, 40s 3,050 (per bale of 400 lbs). Pleee gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      196 words
    • Article
      RICE
      306 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE. 100 per cent first class (Kangaroo) new crop 1.38, 100 per cent second class MS, 100 per cent third class 1.10, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special
      306 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      187 4 Photocopying headaches? o I 4 t r m Just take one of these for instant relief Take the Oc6 cure in the form of a new, revolutionary photocopier that gives instant relief from photocopying headaches. Our new 1900 has a tiny microprocessor that controls a whole host of features to
      187 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      64 5 ROBERTSON QUAY HIGH SPECIFICATION NEW WAREHOUSE For Lease 9,105 sq. ft. ground floor 30 feet ceiling height 1,200 Ibs/sq. ft. floor loading individual loading bay one to three years' leases NEW MULTI-STOREY WAREHOUSING For Lease units from approx. 5,500 sq. ft. one to three years' leases OVERSEAS UNION DEVELOPMENTS (PRIVATE)
      64 words
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      Page 5 Advertisements Column 2
      243 5 m I a c H -4 in j tei'A >■ i JH MllllkU m m 0 lC i'ti i 77TV 1W *1, TO 0? F s%£ss *>5 ■W r ','5 I i V.' «v* !£3Bssi > ,r^ ■^js EC 4 4 L I 1 J nr W •'w ■<!«! r*
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  • OVERSEAS
    • Article
      Lock icon High US interest rates inevitable
      644 6 TEMPORARY SIDE EFFECT AP US PRESIDENT Reagan will assure world leaders at next week's economic summit that high US interest rates is a temporary side effect in the battle against inflation, and "it will pass" within a year, American officials said on Monday. "We are
      AP  -  644 words
    • Article
      Lock icon BUFFER TIN PRICE
      473 6 AP TIN producers are expected to ask the International Tin Council (ITC) to agree to an increase in the price range of the buffer stock When the ITC last met in April, the producers, angered by the consumers' rejection of a 20 per cent increase in the
      AP  -  473 words
    • Article
      Lock icon New SEC chairman gives his blessing to corporate mergers
      291 6 NYT THE CHAIRMAN af the 1)8 SeeuittM aad Exchange OmmiariM (BEC), Mr Jaha Shad, ku give» hiB Meaalag U the recent wave at carparste mergers aad takeovers, echetng the general theme af the Reagan Admlalatratiea that Mgaeaa In baalaeaa dees nnt
      NYT  -  291 words
    • Article
      Mobil enters the fray for Conoco
      484 6 MOBIL Corporation, the second biggest American oil company, has joined the multi-billion dollar battle to take over Conoco, the ninth largest oil company and second largest coal producer in the US. Mobil made no definitive offer for Conoco on Monday but announced it is
      484 words
    • Article
      Lock icon US to reverse policy on reducing oil imports
      355 6 AP THE REAGAN Administration, in a reversal of formal policy for the past eight years, is gettftig ready to argue that reducing oil imports might not be the best foundation for a national energy policy. The draft of a national energy plan,
      AP  -  355 words
    • Article
      Lock icon EEC ministers agree to flexible stance
      272 6 Reuter EUROPEAN Economic Community (EEC) Foreign Ministers agreed in Brussels on Monday to adopt a flexible bargaining stance for negotkttoffi i th Third World countries on new textiles-import curbs. A French proposal which would have allowed tough cutbacks in particularly sensitive imports was rejected
      Reuter  -  272 words
    • Article
      Lock icon Hongkong is world's biggest watch maker
      162 6 AP HONGKONG now outranks Switzerland and Japan as the world's biggest watch manufacturer. The World Business Weekly says in its July 20 edition that the British colony makes one-third of the 30© million watches produced yearly around the world. Switzerland and Japan make more
      AP  -  162 words
    • Article
      Lock icon Maotai makers start making profits
      176 6 Reuter THE STATE-run company distilling Maotai, the fiery spirit which is one of China's most famous alcoholic drinks, was running at a loss for 16 years until 1978. The official GuMngmiag Daily said the Maotai factory, in the south-western province of Guizhou, started making profits
      Reuter  -  176 words
    • Article
      Lock icon Expulsion of Soviet envoys will sour ties
      325 6 Reuter SOVIET-MALAYSIAN relations would be soured (or some time following Monday's expulsion of three Soviet embassy officials and the arrest of a senior Malaysian government aide on spying charges, western diplomats said yesterday. However, they did not expect the Soviet government to retaliate
      Reuter  -  325 words
    • Article
      Lock icon Call to Saudi Arabia to mediate in dispute
      230 6 UPI THE GOVERNMENT of Philippine President Marcos has asked Saudi Arabia to play a direct mediation role in the almost decade-old dispute between Mr Marcos and Muslim leaders in the southern Philippines The Riyadh-based daily A 1 JMzinb said on Monday the
      UPI  -  230 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      725 6 ARRIVALS 8enriee Local Proa Operator Nwber T»e PAA PA005 0010 NYC/SFO/HKG MAS MH601 0630 KUL MAS MH680 0645 KCH SIA SQ101 MH811 0815 KUL MAS 0815 PEN MAS MH603 0830 KUL RBA BI421 0930 BWN MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP CPA CX710 1006 HLP
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    • Article
      Lock icon Foreigners vie for Seoul's nuclear market
      332 7 AP THE UNITED States and four other Western countries are competing for a share in South Korea's nuclear market, worth an estimated US$6 billion. The state-run Korea Electric Co (Keco) has to pick foreign suppliers in the next two years to build four more
      AP  -  332 words
    • Article
      Lock icon HK dollar falls to ten-year low
      507 7 Reuter THE HONGKONG dollar touched a 10-year low against the US dollar yesterday, reflecting the continuing strength of the US currency and some weakness in the Hongkong economy. The Hongkong currency fell to a low point of HK55.7240 against the US unit from an
      Reuter  -  507 words
    • Article
      Lock icon Rioting erupts again in seven British towns
      488 7 Reuter FRESH rioting erupted in seven British towns and cities for the eleventh successive night but was quickly brought under control. Trouble flared only two hours after Home Secretary William Whitelaw said that police would be able to use plastic bullets, water cannon,
      Reuter  -  488 words
    • Article
      Lock icon Japan is top buyer of Indonesian oil
      259 7 UPI JAPAN consolidated its position as Indonesia's main oil importer in 1980 while American imports of Indonesian crude dropped sharply last year. Indonesia's oil exports for 1900 reached 378.75 million barrels or an average 1.035 million barrels a day out of a daily
      UPI  -  259 words
    • Article
      Lock icon Beijing's US$533m deficit
      127 7 AP CHINA has reported a trade deficit of 800 million yuan (U*****.3 million) in the first half of this year, matching the size of its deficit for all of last year. The official Xinhua news agency said exports increased 14.9 per cent from January-June 1980 to 14.8
      AP  -  127 words
    • WORLD IN BRIEF
      • Article
        Lock icon China-Japan oil price agreement
        482 7 Agencies CHINA has agreed to cut the price of its crude oil supplies to Japan by US$l.6O a barrel to $34.90 from $36.50, retroactive to July 1, Japanese Ministry of Trade and Industry officials said. Tbey said the price agreement followed recent negotiations in Beijing between
        Agencies  -  482 words
    • Article
      Lock icon Libyans accuse Egypt and Israel
      173 7 Reuter EGYPT Is piMßlag U lavade Libya with Imeil military aid, the sfflclaJ J»nuklriyat aews igewy Mid yesterday. TV Libya* ageaey «afal the plaa wu saggested la March by Preside* Sadat la a meettag with Israeli Agrlealtare Mlalster Artel Bharaa wha tbea vWted the Übyaa-Egypttaa
      Reuter  -  173 words
    • Article
      Lock icon Mahathir outlines stand on NEP
      541 7 UPI MALAYSIAN Prime Minister designate Dr Mahathir Mohamad has reiterated that his government will continue a flexible interpretation of the country's New Economic Policy (NEP). The NEP is designed to reduce foreign ownership of corporate assets from the present 47 per cent to 30 per
      UPI  -  541 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      191 6 ECRs ringing up the 80s r-— m 591 Series (for restaurants) 4 basic versions for restaurants with prechecks. restaurants with guest checks fast food and cafeterias r» QM*m he WE ARE PROUD THEY CHOSE US 1. Jack's Place (Steak House) 2. Jack's Pla:e Cafeteria 3. Jack's Garden Restaurant 4. Jack's
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      Page 6 Advertisements Column 2
      0 6 -!>/){@]^,./>((>@&\/)_&\&-)_-(<
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      207 7 New Sleeperseats in nM&Mm OWN FORTHE BEST NEWS IN TRAVEL 157 cm (62") V Wider seating I86cm(34")l (when there's a vacant seat beside you.) U bJ,VV X JTv > Introducing two new measures to benefit businessmen flying to London and Australia Now you can measure your length at no extra
      207 words
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  • Article
    Masterly stroke in productivity
    411 8 THE COMMITTEE on Productivity is to be congratulated on the speed with which it has reported to the chairman of the National Productivity Board. The urgency with which it has clearly approached its task is a fair reflection of the importance of the subject matter to
    411 words
  • Article
    Joint procurement not necessary
    237 8 JOINT importation presupposes that the bulk buying of raw materials, commodities and machinery will always be the cheapest. This is not necessarily true. Joint procurement discounts the special relationships that exist between suppliers and buyers, relationships that go way back and contribute to a company receiving
    237 words
  • Article, Illustration
    Lock icon MOST UNEXPECTED AND UNUSUAL
    1410 8  -  The multi-million-dollar takeover battle for Conoco, the ninth largest US oil company, is hotting up with oil major Mobil entering the lists. Seagram, the big Canadian distiller, wich started the struggle is now offering US$B5 a share for a 51 per cent stake in the company.
    FT  -  1,410 words
  • Article
    Lock icon The search for a saviour
    769 8 FT THE MAIN MOTIVE behind Conoco's willingness to be acquired by Du Pont is its determination to block a hostile takeover attempt by Seagram of Canada, the large distiller which has been shopping around for a major acquisition ever since it sold last year its
    FT  -  769 words
  • Article
    BUILDINGS
    93 8 Letters to the Editor Dear Sir, I was intrigued by your report oC the proposed redevelopment of the Indonesian Embassy site, which said that its value will be enhanced if the Orchard Square development "gets off the ground". Are we to have a satellite development floating above Orchard Road,
    93 words
  • Article
    AN INSULT
    141 8 Dear Sir, In reply to "Let's be Frank," I must disagree with his views that just because some of our workers lack civic consciousness, we then conveniently use this excuse to avoid providing the facilities. This is tantamount to an insult to the average Singaporean worker who appreciates
    141 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      647 8 I I -11-OME CROSSWORD 8 CRYPTIC PUZZLE ACROSS 1 A part for Thora Hird? (5) 6 It's difficult being formal (5) 9 Beat in a walking race? (7) 10 Ooze for miles, perhaps (5) 11 Collect a chap about £50 (5) 12 It does a crushing job (5) 13 Dog
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    • Miscellaneous
      Page 8 Miscellaneous Column 2
      57 8 Rn StcW: ftank Lic&ysS ojwprr ps L»f£ S« ULPSDS PpmflEfcaD *ND £0 pu. Ms T o fevjD foR. WOUi Do You "MrJK H£'D coße. \r Me ujeRC rnpyRjOoNGD ON f\ DeStRT VK-'D 6c.US6UtSS w&'s Seif P« DesfeßT island j UOJLDN'T VJOiZRy i Htm Iff aerobe you could sp»y we'D K
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    • Miscellaneous
      Page 8 Miscellaneous Column 3
      763 8 33RWDT0 The message in the rock WE HAVE seat eat iptee prebes to lean nsere »kMt •w selar system bat eMtbae to be mystified by the evelattea «f ear ptaaet. Hiiamm: Tke Me—ge la Tke tUek (Ch I, 11.10) skews hear sdeattsts aad geetegtsts are trylag to Had aaswers to
      763 words
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  • Article
    PRODUCTIVITY: The family concept...
    394 9  -  By WONG AI KWEI AFTER more than two months of intensive study, the committee on productivity formed on April 23 has decided that at least four aspects of the Japanese labour management system are applicable in Singapore. The desired characteristics to be developed include job involvement,
    394 words
  • Article, Illustration
    .. in civil service .. in private sector
    903 9 in civil service in private sector THE GOVERNMENT, as the single largest employer in the country, will have to set the shining example in improving productivity. Being a provider of more stable and long term jobs, the Government is also in the best position to see productivity programmes through. The
    903 words
  • Article
    Aborted foetuses cry
    955 9  -  FORUM with RICHARD SEAH A DOCTOR once asked a colleague for his opinion about the following case: "The father was syphilitic and the mother was tubercular. Four children had already been born. The first was blind; the second died; the third was deaf and dumb; and the
    955 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      384 9 INOTICESI STAR FARMS (PRIVATE) LIMITED (incorporated in the Republic of Singapore) (hi Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 272 of the Companies Act Cap 185 the Final Meeting ot members of the Company will be held on Monday 31st August, 1981 at
      384 words
    • Advertisement
      Page 9 Advertisements Column 2
      180 9 Let us examine the word Exclusive: stylish. ~oi.t c restricted in aisi. use, or ap- peal because of expense 4 a single, sole b Exclusive n something exclusive: as a newspaper story at right (as to sell a particular product in a certain area) 1 r t' V < .n
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  • INTERNATIONAL STOCK MARKETS
    • EUROPEAN MARKETS
      • Article
        Brussels
        94 10 JULY IS Prs forward market AC«C Arbed Astur Braacan Bru-Larob Canpac Cock De Beers Elcctrobel GD-Inno-Bm On Hobo* Petro Rji Dutch Sldro Soc Oen Bel( Sollna Sol ray A Tanks U Mln V Mont m 1136 336 IIM 1163 1530 1M 303 1264 2970 1980 1396 2160 3600 1376
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      • Article
        Frankfurt
        210 10 JULY 13 Dm Aef-Telefunken 4180 -lj Akao 21 JO -0J Alls Lebcn 1106.00 +15 A1U Ven «78.00 -13 BASF 136.40 +0J Bay H T Wbank Bay Vbank ***** ***** -15 Bayer 127 JO 01 BBC 260 00B unch BMW 117 00 -11 tUHM Chem Varw 363 00 MO M
        210 words
      • Article
        Zurich
        183 10 JULY 13 Franca Action* Sulsaea Alusukaae Br Alusulaae Rag 261 «0 am unch -S unch Brown Bowl Br. Ctta OtIO Br 1340 1290 ■10 unch CI be (MIO P C oao unch Cite Qelfj Reg Credit Suisse Br Credit Sulaa* Ref Elcfctrowmtt Br. M0 -6 2160 3M M*n 5
        183 words
      • Article
        Milan
        76 10 Ante amoc dm Buloct Onumle TOO unch *****0 MOO MJt 45 «ra sis iio$ -iia 57 -13 1Mb -ao 3800 -100 Pln>kWr Oen Immob in Pri lUlfU IUi»ld*r ***** -MM M0 -SI ao «u HI Tm -4i *****3 -4475 MIS -406 MM 140.30 Si 30M MO MM -ISO M0
        76 words
      • Article
        Amsterdam
        170 10 JULY 13 ru ABN w 0.5 Ahold 7000 -08 Akao 25.20 0.2 amev 87 70 -0.3 Amfu 100.50 1J Amrotml 52.80 30 00 01 4120 -u BoU 63.00 1.7 BorsumlJ 17X00 0J Burhmann 51.50 0J Caland ae.80 0-3 Cmlve Delft 302.00 2 DtU Mtj 1UD -1.4 Ennla 130 JO
        170 words
      • Article
        New York stocks close higher NEW YORK STOCKS
        886 10 THE NEW YORK stock mark* on Mooday weakened In the last hour of trading but Kill closed higher, with takeover candidate* narking an otherwise dull wion The Dow Jones industrial average was off a point but other broader indices were higher and
        886 words
      • Article
        TORONTO
        193 10 JULY IS AhtUM CI m Alan J4H unci) Alnou 41*. Bulk Mont a* Bank Nova Scotia Bell T») 17s m It Beth Corp BP Can Ltd SI* 1 -H 1* St .Ik V. MlfK C*np*c 1 Carting < Comlnco In* Pf DTteefe w 30 7* Con* Balh Cons Max
        193 words
      • Article
        JOHANNESBURG
        255 10 JULY U Rand INDUSTRIALS A Alpha 400 unch Aberrom AC And CI 400 00 5 unch amit Barlows am MO 4- 10 ST0 uiyh Cum* Finance ao •10 Da Been Ind BOO Kdfmn Eveready rm vou 035 unch 510 5 ruftt m unch niMUnl Orat—in Hippo 1 I 19T9B
        255 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      571 10 }?;?>*\;`~^]=\'-@*},&~']<-]:](; The American Express Card serves you well, wherever good food is served" rD>7T:TSv YY I'or banquets /-< >r c< mrentit >ns I'or other tm\rtu >n:s <>j flu a'less finesse. Functions for up to 280 guests International menus to choose from Complete range of audio visual equipment Ample parking space
      571 words
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      Page 10 Advertisements Column 2
      238 10 The rumour it true. For The Citation is a very private and exclusive dub for business n ,n,: M r.-ii J t .1 nawro. > wxwgu PCicHn the Cockpit Hoed, its axe the very finest; 1 C=> V* HI II restaurant presents Wednesday Fashion at 1.15 p.m. Try our sumptuous
      238 words
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  • BANKING AND FINANCE
    • Article
      PLR
      22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.9 per cent.
      22 words
    • Article
      ASIAN $
      187 11 ASIAN ASIAN currency deposit interbank rates as at close on July 14. US Dollar*(Spot) Offer Bid 7 days 18% 18 1 month 18 13/10 18 u/ie 2 months 189/16 18 7/16 3 months 18 7/16 18 5/16 8 months 17% 17% 9 months 16 15/16 1613/16 12 months 16 13/16
      187 words
    • Article
      Discount
      45 11 RANGE of prices offered by discount houses on July 14: Overnight: 1 Call deposits: 5%to«'*% C Issue Baying Selling 3-month Treasury bills 8'/4 6H 9-month Bank bills 13* 13% 3 months CD 13 1/1« 1215/16 S months CD 12H 12<4 Source: National Discount Co
      45 words
    • Article
      Singapore market
      436 11 THE US dollar closed generally firmer against most major currencies in moderately active late trading yesterday. It was prompted by concern over movements in US interest rates and ahead of Poland's communist party congress, dealers said. Against the Singapore dollar, the US unit opened higher at 2.1565/80 compared
      436 words
    • Article
      HONGKONG
      187 11 THE US dollar yesterday continued firm against most major currencies in active late exchanges, prompted by concern over movements in US interest rates. The dollar rose to a late 2.4510 25 marks, after reaching a high 2.4535 45, compared to its early 2.4430 40, and to 2.0925 45 Swiss
      187 words
    • Article
      London
      57 11 STERLING yesterday dropped below $1.86 for the first time in more than three years in early trading, dealers said. Opening quotes yesterday US 1.8597 8607 Can 2.2401 18 Cross 1.2045 48 DMk 4.5550/600 D F1 5.0650 725 S Ft 3.8875 925 B Fr (con) 74.55 64 F Fr 10.8175
      57 words
    • Article
      TOKYO
      141 11 THE dollar for overnight delivery yesterday closed sharply firmer at 231.10 yen, compared with a 229.10 opening here, a 229.35/50 close in New York and 229.40/50 on the West Coast on Monday, dealers said. Trading was heavy, with total volume US$l.27 billion. The dollar briefly firmed to a 14-month
      141 words
    • Article
      GOLD
      231 11 SINGAPORE gold futures yesterday closed sharply lower compared with overnight levels in light trading, dealers said. Total sales for the day was recorded at 64 lots while kerb volume at 29 lots with interest centred on August, October and December contracts. August closed sharply weaker at U*****,410 an ounce
      231 words
    • Article
      Silver quotes
      41 11 New York 8 758 911B 8 95S 9 31S Zurich 8 90B 9 00B 9 106 9.20S Tm Mm Singapore 8.75B 9 00B 8 95S 9 20S Closing price* in US dollars a troy ounce. Source: Credit Suisse, S'pore
      41 words
    • Article
      Board aims to curb rise in US bank reserves
      507 11 THE MINUTES of the midMay meeting of the US Federal Open Market Committee (FOMC) reveal a firm determination to move rapidly to curb excessive growth in bank reserves. The board of governors said: "Emphasis was placed on the importance of conveying
      507 words
    • Article
      Lock icon Japanese abandon plan to issue bonds
      194 11 Reuter THE JAPANESE Finance Ministry has decided to abandon its plan to issue about 700 billion yen of 10year national bonds through a syndicate of 33 Japanese banks and securities firm this month because of disagreement on issue terms. Instead it will float about
      Reuter  -  194 words
    • Article
      Lock icon Yen CD rates fall
      96 11 Reuter AVERAGE interest rates of yen-denominated certificates of deposits (CDs) fell 0.07 of a percentage point last week to 7.51 per cent for 120-day CDs. During the previous week they fell 0.02 per cent from the preceeding week. The fall was attributed to slow CD issues
      Reuter  -  96 words
    • Article
      RBC transfers operations here
      393 11  -  By SHANTI SEN i THE ROYAL Bank of Canada (RBC), the largest bank in Canada, will transfer its Hongkong banking operations to Singapore. The bank has decided to concentrate its operations in Singapore as the Republic is now able to provide the expertise needed to support
      393 words
    • Article
      Lock icon New world borrowing expected to increase
      354 11 Reuter NEW borrowing on international capital markets is expected to rise again this year although the cost of new funds should come down. Total new borrowing should reach US$l25 billion to $130 billion this year compared with $116 billion in 1900, the Organisation for
      Reuter  -  354 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      548 11 NOTICES M TOWN AND CITY PROPERTIES LIMITED (lacerperated la the Repabttc et Singapore.) :i: 1111]: i H i Th« following announcement was issued on 10th tJuly 198 J on behalf of Mr Hendra Rahardja and Lim"Stockholders of Town and City Properties ("Town and City") ore hereby informed that under two
      548 words
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      Page 11 Advertisements Column 2
      210 11 4 w f r A TP A M n a KA-'** <' w v T«► > 4.** v .c V v f 1 *> K *>> /a, .-t Naturally sparkling from the center erf the earth. Today, Man artificially carbonates his drinks and mixers. But not Perrier. The miracle of
      210 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1955 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Allied Choc (3
    1,955 words
  • Article
    Unit trusts
    197 12 SINGAPORE UNIT TS18T (Mimwi' priM tor ill IS) The Commerce 3.89 4.0 The Savings Fund 2.22 2.33 S pore Prog Fund 1.72 1.81 S pore Sec Fund 2 60 2.73 S pore Invest Fund 1.271 33xd xsi S pore Equity Fund 1.S4 1.72 ASIA I NTT TKINT I*"*"
    197 words
  • Article
    SHARE INFORMATION SERVICE
    2831 12 Gr's Gr'« Net 1981 Last Div Div Yld P/E Vol Dav High Low Company Sale or1 C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 494 320 Acma 472 SUSP 14.5 3.2 3.0 16.9 Alcom 300 10.0 2.0 35 25.0 350 130 Allied Choc 322 -10 4.0N 1.9
    2,831 words
  • Article
    In Kuala Lumpur
    2308 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. T INDUSTRIALS Ucao i 3 90S) (4) 398 (5) 400 (3) 3
    2,308 words
  • Article
    BONDS
    49 12 HITACHI Credit's US$4O million convertible bonds due 1996 will be listed and quoted on the SES at 10am from July 16. Trading in the notes will be on a ready basis only and the quotation will be expressed as a percentage of the principle value excluding accrued interest.
    49 words
  • Article
    Investors cautious
    735 12 SHARE prices geaerally cleaed tower at the Stock Exehaage ef Slagapere agala yesterday as investors taraed caattoaa sa sews that a greap ef KGB spies had heea expased la Malaysia. The aews had seat the Straits Times ladastrial Index tamhUag dawa 12.12 palate aa Maaday. Yesterday, the deeliae
    735 words
  • Article
    Kuala Lumpur turns weak
    580 12 THE Kuala Lumpur stock market turned weak yesterday as sellers dominated trading. The market opened easier and continued liquidation thereafter prompted further selling after the mid-morn-ing break. As a result, prices fell across the board with scarcely any gains recorded. On balance losses led gains 127
    580 words
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  • COMPANY NEWS
    • Article
      Stakes in Faber Merlin
      284 13 SHAREHOLDERS of Grandview Development and Burmah Kompleks will hold 8.14 per cent and 5.33 per cent respectively of the enlarged capital of Faber Merlin Malaysia after the latter's purchase of the two property owning companies. Faber's chairman Chang Ming Thien said the proposed acquisitions will raise
      284 words
    • Article
      COMPANY BRIEFS
      117 13 HONG P*k Orp*ratt»B Ltd has informed shareholders its Singapore registrar is BACS and its Hongkong registrar is SGV-BYRNE Corporate Services. SGVBYRNE is at 41st floor, Hopewell Centre, 183, Queen's Road East, Hongkong. All share certificates previously issued in the name of International Hotel will be acceptable for registration.
      117 words
    • Article
      MTI enters into two new agreements
      377 13 MALAYSIA Textile Industries has entered into two new agreements relating to its acquisition of property development company Wahyu. In an announcement, MTI said that the agreements would replace an earlier agreement reached in March which would now be rescinded. Under the first of the
      377 words
    • Article
      Perak Carbide proposes special issue
      204 13 PERAK Carbide Corporation has proposed a special bumiputra issue of 7.1 million new shares. The company said the new shares will be issued to bumiputra interests approved by the Malaysian Ministry of Trade and Industry. The price of the new issue will be determined by
      204 words
    • Article
      Metal Box changes
      92 13 THERE have been major changes in Metal Box Bbd's board of directors following its acquisition of Malaysian Can Company from Kumpulan Fima Encik Mohd Ramli bin Kushairi has been elected chairman with effect from July 14, replacing Tan Sri Datuk Hamxah Sendut who will remain as director.
      92 words
    • Article
      Bolton looks forward to a good year
      748 13  -  By HSUNG BEE HWA FOR the current financial year, Bolton Properties may well turn in results that are as impressive as those of the previous year. The group has Just completed a 12-storey luxury apartment building ift Jalan Ceylon. It has also applied
      748 words
    • Article
      MALAYAN BREWERIES OUTLOOK
      522 13 F 1 Market Talk... l u GROUP turnover at Malayaa Brewriw Ltd has been projected at $480 million for the current full year ending Sep 30, 1881 ($394.3 million previously), out of which will be derived $48 million in pre-tax profit and about $38 million in net
      522 words
    • Article
      GIH
      41 13 GROWTH Industrial Holdings has received approval from the SES for its proposed one-for-two bonus and rights issues. The rights issue shares are priced at $2 each. The transfer register will be closed from Aug 7 to 10, both dates inclusive.
      41 words
    • Article
      Approval for Metro
      104 13 METRO Holdings has received in-prindple approval for its bonus and rights issues of 5.028 million shares each. The rights issue shares are priced at $4 each. An EGM for the approval of the issues by shareholders will be held on Aug 7. Transfer books and register of
      104 words
  • ASIAN STOCKS
    • Article
      Bangkok
      103 13 SHARE prices yesterday closed mostly steady in slow trading, dealers said. Bangkok Bank, Industrial Finance Corp and Saha Union closed unchanged at 248, 100 and 153 baht respectively while Siam Credit dropped one to 62 and Rama Tower rose 0.50 baht to 59.50 JULY 14 Bahta AJta Fibre 121
      103 words
    • Article
      Manila
      83 13 JULY 14 Peeoe Aro* limine 0062 unch AUai Coo. A AUaa Coo a S -X Bafulo Gold .0094 unch Bencuet Coo. B BT Ooodrich S0J0 10 -li unch ever LandoU S.T0 unch Uputo B. .1075 0JN05 Martnduque B I Oriental A Oriental B M -0.001 Phil rrnmm 0B4& -0.0045
      83 words
    • Article
      Mixed in quiet trading
      311 13 HONGKONG STOCKS closed mixed in fairly quiet trading yesterday. The Hang Seng index closed at 1,779.37, 1.70 ponts down. Most stocks were unchanged or only slightly changed with no obvious swings either way. Dealers said the market is now taking some time to digest last week's
      311 words
    • Article
      Sydney
      305 13 THE market yesterday declined as international gold prices fell towards US$4OO, brokers said. The All-Ordinaries index eased 1.7 points to 665.7 as sellers left resource issues but buying interest among retailers helped hold the industrial counter to a 0.5 point loss to 730.3. About 1.9 million Pioneer Sugar shares,
      305 words
    • Article
      Tokyo
      377 13 SHARE prices yesterday fell on light profit-taking in big capitals, cars and blue chips with many investors worried about high prices and the yen's further fall against the US dollar, dealers said. The market average lost 44.90 to 7,878.96 in thin trading on volume 300 million shares. The Tokyo
      377 words
    • Article
      Selected indices
      54 13 FINANCIAL TIMES INDUSTRIALS Monday 532.1 Friday 524 6 Week Ago 540 8 DOW JONES AVERAGE INDUSTRIALS Monday 964.34 Friday »»67 Week Ago 949.X H.K.HANG SENG Tuesday 177S.37 Monday 1781.07 Week Ago closed AUSTRALIAN INDUSTRIALS Tuesday 730 3 Monday 730.8 Week Ago 742.5 ALL ORDINARIES Tuesday 685 7 Monday
      54 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      128 13 From now on the others will have to try harder! This is what car rentals are all about. We offer as near perfect a service as you'll ever get. Because the only cars we rent out form part of our franchise range. Which means that every car rented from us
      128 words
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      Page 13 Advertisements Column 2
      652 13 f Indian Bank J1 B»Jt| Bm4, MMmM BALANCE SHEET AS ON SIST DECEMBER ltftl CAPITAL AND Ir» I PROPERTY AND ASSETS Capital (Wholly owned by Government of India) Reserve Fund and Other Reserves Deposits and Other Accounts Borrowings {root other Banking Companies Agents etc.. Bills payable. Bills for Collection being
      652 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      148 14 Rises Indices PubUc T«*UW PMC 4M 19T0 +122 70 July 13 July 14 Atex HMc* 205 1960 1470 790 45 BT Indicator: *****9 *****6 C Smgar* 30 30 20 Industrials: 929.44 925.48 Spore Lud Peri Mai a I C B Finance: 2066.58 2045.87 715 10 Hotels: 1357.95 1333.54 J
      148 words
    • Article, Illustration
      KUALA LUMPUR
      186 14 Falls Indices PMC G Ceramics 1990 860 -120 -75 July 13 July 14 H L Finance 1340 -70 BT Index: *****1 *****2 H L Ind 2400 -70 Industrials: 1193.98 1160.72 Promet 835 -65 Finance: 1935.45 1921.91 OCBC 1390 -60 Hotels: 520.58 519.16 HL Credit 1810 -60 Properties: 1277.88
      186 words
  • Article
    Chevelina swings back into action
    217 14 BARELY a day after its unsuccessful takeover offer for SPP Ltd expired, Chevelina Pte Ltd has gone into action again by calling on shareholders to vote against the proposal to authorise the issue of up to 10 per cent of SPP's existing issued capital. In
    217 words
  • Article
    Approval for Pegi's swap offer
    94 14 MARKET high-flyer Pegi Malaysia has received approval from shareholders at an EGM yesterday to make a share-swap offer for the remaining 6.7 million shares in Synthetic Resins it does not already own. Pegi will make its offer in mid-August. Stockholders at the EGM also approved
    94 words
  • Article
    Plan to brighten Unilite's prospects
    664 14 WIIIH Companies EMor: Mano^nani^ UNILITE Electrical Industries Berhad, whose lamp manufacturing business has been stricken with losses since 1974, has announced details of a capital reconstruction scheme designed to put the company back on a profitable base. Financial adviser Amanah-Chase Merchant Bank has outlined a
    664 words
  • Article
    SUSPENSION OF FUSAN
    99 14 THE Kuala Lumpur Stock Exchange has decided to continue with the suspension of trading in the shares of Fusan Fishing Net Manufacturing Bhd. This is because KLSE has decided to await the views of the Malaysian Foreign Investment Committee and Capital Issues Committee on Fusan's purchase of
    99 words
  • Article
    LONDON STOCKS
    921 14 LONDON, Tues. The market closed easier today with government bonds showing net (alls of up to half a point reflecting the weakness of sterling, dealers said. Equities went higher at the outset following a reassessment of the response for £624 million BP rights issue but lack of follow
    921 words
  • Article
    PROMET'S CHAIRMAN HAS BIGGEST API STAKE
    239 14 DATt'K Ibrahim Mohame*!, deputy chairman of \ssoclat- Plastics Mutrin (API), lifts kmi Identified aa the largest single shareholder of the company, wtth ft 32.8 per reat stftke. His shareholding of 4.& M million shares in API Is held through KawanLs Sda Bhd, an Investment
    239 words
  • Article
    Hotel Royal buys two companies
    142 14 IN AN annsnai move, Hotel Royal yesterday iiiNind the purchase of two pluUttta r«mpules, Sebatlk Plantations and Maju» Estate Sdn Rbd, far a total of Ms*«,«?• cash. The two com panics arc engaged in cocoa caittvatlaa la Sabah and own a tatat af SCIJ hectares
    142 words
  • Article
    Lock icon Public attraction
    650 14 mm*** HOCK LOCK SIEW TRUE to expectations, Public Bank has rewarded shareholders with a bonus issue. Unfortunately,'investors had little time to consider whether the one-for-four bonus was worth picking up. This is because Public Bank's 1960 annual results were released on July 9, more than a month after
    HOCK LOCK SIEW  -  650 words
  • Article
    Lock icon DOW JONES LOWER
    82 14 AP NEW YORK. Tues. Stock prices edged lower this morning as the market continued its drifting pattern. The Dow Jones average of 30 industrials fell 1.52 points to 952.72 in the first half-hour Advances and declines were evenly balanced among New York Stock Ex change-listed issues Analysts
    AP  -  82 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      183 14 U5520,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 18thjanuary, 1982 THE FUJI BANK, LIMITED (Singapore Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the final six months interest period from I6thjuly, 1981 to 18thJanuary, 1982, the Certificate will carry an Interest
      183 words
    • Advertisement
      Page 14 Advertisements Column 2
      130 14 LA COLLECI lON (is! THE NEW RENAISSANCE IN WATCHES An investment in art Meticulously cm'tod of a now ago The New Renaissance La Collection \A'niso by Universal Geneve is a new watch collection of super h slimness and ruggednt'ss with a unique quartz movement and the Tuple S'-al water resistant
      130 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      64 14 Outlook for Singapore from 6am to lpm today: Showers in a few places in the late morning. Report for 24 boors prior to 7J9 ptn on July 14 »t the airport. Maximum temperature 32.1 Associated humidity 49 Minimum temperature 24.5 Associated humidity 96 Hours of sunshine 10.10 Rainfall in millimetres
      64 words
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  • SHIPPING TIMES
    • Article
      Lock icon Increased charges may hit Indonesian exports
      149 15 Reuter INDONESIA'S export drive may be hit by shipping companies' decision to raise freight rates, chairman of the Indonesian Shippers' Council Syamsir Rachman said. The Java-New York and Deli-New York rate agreements are raising tariffs by 11.5 per cent, effective August 15. The new
      Reuter  -  149 words
    • Article, Illustration
      NOL, OOCL support US space charter
      501 15  -  By JAN LEE TWO Asian lines, Neptune Orient Lines (NOL) and Orient Overseas Container Line (OOCL), have come out in full support of the space charter agreement sought by five US lines on the trans-Pacific trade. Both NOL and OOCL have filed comments with
      501 words
    • PORTSIDES
      • Article
        Lock icon Higher seamen's wages
        94 15 AFP WAGES of Indonesian seamen working on foreign merchant ships will be raised by 11.5 per cent with retroactive effect from last April 1, according to an agreement signed in Jakarta. The collective labour agreement, to be in force for two years, was signed at the DirectorateGeneral
        AFP  -  94 words
      • Article
        Lock icon Greek engineers on strike
        95 15 Reuter GREEK ship engineers have begun a strike action on Monday which is expected to affect some 4,800 Greek-owned ships around the world over the next month. A spokesman for the Panhellenic Union of Merchant Marine Engineers (Pemen) said that until August 11, engineers will stop
        Reuter  -  95 words
      • Article
        Saudi ports' traffic
        129 15 THE Saudi Arabian ports of Jeddah and Dammam handled more than 2.5 million tonnes of cargo in the month of May, according to new statistics produced by the Saudi Port Authority. For the first five months of the year, the total traffic of the two ports reached
        129 words
    • Article
      INDEX TO ADVERTISERS
      591 15 Shipping Li«e p Me CM Achipelego Adriatic Com Afea Afro-Eurasia Alfred CT All trans Alpac Angkutan Angonave ANL An toll APL Argentine ASCL Asia Merchant Austasia Line Australian Coot Bait-Orient Baltic Bangkok Corn Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Benbulk Bintulu Birkart Blue
      591 words
    • Article
      SHIPS IN PORT
      320 16 ARRIVALS KEPPEL WHARVES Blue Kochi 31/32 Bunga Bindang (0130) 45A Builder II (after Kim Soon Li) 22 Bunga Gelang (after Bunga Bindang) 45A Cynthia (0600) 19 Dai Yun Shan (Subject tide after Luna Marina) 27 28 Gallentry (shifts after Manoloeverett sails subject tide) 18 Joo Wah (after
      320 words
    • Article
      Container Schedules
      1084 16 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 Toyama 253 15.7.81 1500 Barber TA 3 TT Takari II 214SB 14.7.81 2300 Eastern Way TA 4 VC Adrian Maersk 8108
      1,084 words
    • Article
      LONDON FREIGHTS
      1505 16 ACTIVE time-charter business on Monday featured an otherwise rather dull freight market with the bulk of this activity being for vessels with Continental delivery. A 16,000 tonner was booked from North Spain to Peru at U557,500 daily, while at 14,000 tonner from the Continent to West Africa received
      1,505 words
    • Article
      Lock icon WEEKLY FREIGHTS
      631 17 AFP TRADING conditions remained generally dull on the freight market last week. A bright spot was the grain market as the Indian government is reported planning a major grain importing programme later this year. As much as 1.5 to 2 million tons would be imported from the United
      AFP  -  631 words
    • Article
      Lock icon Three dead, two missing
      144 17 Reuter THREE men are known to be dead and two are still missing after an explosion set off when lightning hit a Japanese oil tanker at a terminal near Genoa on Sunday. The resulting fire aboard the tanker Hakuyoh Maru continued to bum until it was
      Reuter  -  144 words
    • Article
      Lock icon Phasing out flags of convenience
      765 17 A JOLT TO INDUSTRALISED NATIONS Financial Times IN THEIR determination to start hauling down the flags of convenience (FOC) handily provided by Liberia and Panama for shipowners, the developing countries have given an uncomforable jolt to the world's industrialised nations. The Third World countries ensured
      Financial Times  -  765 words
    • Article
      SHIPPING LIST
      719 22 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 oif three weeks. PN Ship calls at Penang after it
      719 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      438 15 Everett Linesl fO* TMC MOST FMQUf NT SAILINGS TO BANGKOK HONG KONCJ JAPAN BUSAN CHITTAGONG CALCUTTA CHAINA RANGOON BUfNOS AIRES MANZANK.LO ACAPULCO Everett Steamship Corpn. S/A Clittord Centre Singapore 1 lei 9b481 9 36 Beach Street Penang Rm 36 103 OCBC Bldg lei ***** 3 Port Kelang Agents SOCSHIP CO
      438 words
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      Page 15 Advertisements Column 2
      224 15 miSSZ ONTAINER Schedules SHIPS In Port LONDON Freights WEEKLY Freights SHIPPING List REGIONAL Weather DEPARTURES TO USA, CANADA AND CARIBBEAN Feeder Vessel/Lrte Haul Vessel T§ WORLD LION OS2/COMMERCE 094 WORLD LION 082/ EXPLORER 016 JORLD TIGER 084/ DEFENDER 017 I WORLD TIGER 084/ DEVELOPER 014 WORLD LION 083/FRttNCE I? WORLD
      224 words
    • Advertisement
      Page 15 Advertisements Column 3
      532 15 "T^sncapum: \y.x vM^r ss business +JBk FOR k PEOPLE Tv? WHO MATTER A Tn« PefKxScots PutsfccaVx- MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: BELGIUM, HOLLAND, GERMANY, SCANDINAVIA, SWITZERLAND. AUSTRIA, FRANCE Feeder Vessel Port Kelang I Penanj i 191 It I 2-3/1 16-17/1 30-31/t 13-14/9 26-27/9 11-12/10 23-24/10 74/11 'SJNGAPOfif CIOSKG
      532 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      797 16 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 Mm Accepting Fer 1) Barcelona, Gcnoi. 2) Amsterdam Antwerp L Ha»re Bilbao Basle. UK. 3) Bremen Bremertw»en. Aarhus Copenhagen Helsinki 4) Malmo. Stockholm
      797 words
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      Page 16 Advertisements Column 2
      215 16 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA Ul Pnw UUrtj •21/1 •5/1 *4/1 •«n i/i •21/1 *21/1 •21/5 2t/i 1/11 WIT AMWAIS "BARBER TAIF" Mr It 'BARBER ME NE LA US" Mr 21 "BARBER TOBA" A* 2. "BARBER TBU" h* 5. "BARBER MARA" M 17 TO: PANAMA US
      215 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      472 17 Overseas I 1 1 Containers Vmm Limited CONTAINERSHIP SERVICE TO UK/CONTINENT CONTAINERSHIP SERVICE FROM UK'CONTINENT Nut Parti HK. US TK. XO BU HK. US HK US HK. US TK. U. BU W US HK. US M US. BU HK US SINGAPORE MANSfELD CONTAMER SHPPMG PTE LTD *****1 K LUMPUR CONTAMER
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      Page 17 Advertisements Column 2
      327 17 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok rtwasnn kusr m* :rm nm 21/22 M 24/25 M a/It M )IH/tk| re to Sabah, Sarawak and Brunei BANGKOK AGENTS: BORNEO SERVICES LTD. BANGKOK TEL 234-1522 (5 UNES) ENQURfS: 'SJNGAPOK CABW PASSENGERS. TEL ***** A joint sarvice of Ban Lina,
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      Page 17 Advertisements Column 3
      420 17 NOTICE THE SHIPPING CORPORATION OF INDIA LTD. (A Government of India Enterprise) "Shipping Bnm," 245, Madame Cam* R«a4, Bambay MO OH. TENDER NOTICE SEALED TENDERS ARE INVITED FROM EXPERIENCED REPUTED SHIPCHANDLERS FOR SUPPLY OF (A) DRY, FRESH, TINNED PROVISIONS AND (B) WINES AND CIGARETTES TO OUR OWNED MANAGED VESSELS CALLING
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  • Page 18 Advertisements
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      520 18 ML Hapag-Lk>yd TO NORTH EUROPE Nmh Bar Mmm Eiprtn Tat r« Bay iMpIH Inm Eipms Frartfvt E^tu Mso accepting transfiipnwiM cargo tor CARIBBEAN WE S' INDIES ma Hamburg P Huang S pore 23 trc* lai Omaiar la HaAata Han 9 8 11 8 Facto Taty* Bay FrartkV E*r*u NmE*« m
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      Page 18 Advertisements Column 2
      479 18 I/norn shipping r\U!\Lh CORPN P. K elanj PENANG S PORE VEGA 161* Sid FROM BUSAN BANGKOK VEGA 162E Sid TO BUSAN ALTAR 165* 4- S Auf 9-11 Auj 12-15 Aug FROM BUS/ BANGKOK ALTAR 166E 4- t Aug 9-11 Aug 12-15 Aug TO BUSAN KSC MSC KSC KSC KSC KSC
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      Page 18 Advertisements Column 3
      568 18 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL, GLASGOW. LEEDS ETC. WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM S part Mdjti Hjm*w| ftfaitawt <»tl«rd»m Antwtrp It Hi» {tar UrU 17/7 27/7 it 11/1 IJ/I U/»
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      Page 18 Advertisements Column 4
      1033 18 Everett Lines •Till ;rnar:« ii:vri ••••Oodurgwg mty Spare Heunc Pmang HTocmt a/io M PHMMKGTHmM »/}l U htmumtt** it fc«g*— PKM 16/19 Aug B F SS C Agents m Malayva BOUSTE AD SHIPPING TEL NOS KL *****2/*****9 Compinia Argentina Dt TIM 1> Navwadon Intarcsmintntai S. A. C.I. F. "ARGENTINE NATIONAL LINE"
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      Page 18 Advertisements Column 5
      444 18 lao.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE GEKRAL AGENTS OCEAN 9VPME t ENTERPRBES PTE LTD SMGAPORE TEL *****44/7 I *****70 I lUMPW TO. (MM 4M7SI agents n mala m P. KELANG EAST ASM SMPPMG TEL 3S-9732/3/7251 PENANG MALATSM TRADE A TRANSPORT TO. (71)3 A(3725 KARACHI SERVICE SINGAPORE
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      979 19 PIL GROUP k. ...xir. FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL VOY. *KOTA SAHABAT 9W/10E KOTA SAHABAT 11W/12E KOTA SAHABAT 13W/14E S PORE I COLOMBO I HOOEIDAH (JEDDAH I AQABA COLOMBO 26-27/7 I 2-3/B|lO-11/8 13-14/8 16-17/8 26-27/8 31-1/9 6-7/10 6-7/9 12-13/10 14-15/9 20-21/10 17-18/9 20-21/9
      979 words
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      Page 19 Advertisements Column 2
      809 19 BEN LINE CONTAINERS EXPRESS CONTARER SERVICE TO/FROM EUROPE H BURG B HAVEN ROAM HAVRE SOTON Sport P KHar** Germany A«tria Antwerp ftsnceAlUß SaM knparl 5/1 3/1 (U/l) l/l isn nt i•/» 23/7 13/1 15/1 16/1 l«/« H/» '29/7 19/S 21/1 22/1 24/1 17/1 2»/7 16/1 W/l 21/1 22/1 23/1 4/1
      809 words
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      Page 19 Advertisements Column 3
      698 19 Scan Dutch 9 *jp| 2 WEEKLY EXPRESS CONTAINER SERVICE TO MEO/UK/MC/SCAN P I*othr 'eeder I rear Vessel 8 DA**|A SM B PFNACA 17/7 B OAMtt 8 PFHA&A 31/? 6 OA* I* /I 8 FfNAU 11,1 I UM« 21 I 8 PFNACA 28 I I DM* 41 8 PFNACA U/9 Accepting
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      Page 19 Advertisements Column 4
      622 19 BOUSTEAD SHIPPING AGENCIES DANK LINE FPU REUNION I S. AFRICA A. VESSEL Also occepting FCL containers. Spore: Aug (loading direct for Reunion, Durban ond Capetown only) Linos U.S. WEST COAST SERVICE Brett trow Sf9 Ibch SPORf BIWM LESLf LYKES Std Std 11/7 20/7 ASHLEY LYKES 11/7 14/7 25/1 27/1 LESUE
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      822 20 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA Infer leeder milk aha tequejl C»t«*s aho acceptable tor Oakland. Vancouver Portland Houston. Gatonton. Ne* Orleans, •align SI Mn PMiMptu Noriofc. Baltrare. Smmih Uckson»4* TO EUROPE S port P Kelang L Havre R dam H burg Bremen A
      822 words
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      Page 20 Advertisements Column 2
      630 20 ai ci CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lM*if tar LOS ANGELES. SAN FRANCISCO. SEATTLE. TACOMA VANCOUVER B C Accephng FCI/FCI Contjners P Ming S«gipor» I Amm •A wsm SAm i Am ism AUSTRALIA EXPRESS CONTAINER SERVICE Acccpln( FCI/FCI Con*uteri NEW ZEALAND SERVICE LM*« *m OUCDM imUTON. NCUKIM AUCIIMO
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      Page 20 Advertisements Column 3
      473 20 r 3 A(iroup SINGAPORE SHIPPING AGENCIES PTE LTD. 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINES) GENERAL *****1 114 LINES* TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6B A B C ARSHIP CABLE CARGOSHIP as Container IJhcs WEEKLY CONTAINER SERVICE to/from BANGKOK m -jg\ SINGAPORE ISLANDS USE MIDDLE
      473 words
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      Page 20 Advertisements Column 4
      626 20 KORINS MARITIME SERVICES Room 601. ICB Building Shenton Way. Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES S POKE P. KELANG LOADING FOR: BUNGA VANDA... 20 Jul Jeddah/P.Sudan A VESSEL 20 Jul Iran Ports A VESSEL 30 M Abu Dhabi/Muscat/Bahrain I]] \Hyundae Shipping Co. Ltd. ASIA
      626 words
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      Page 20 Advertisements Column 5
      607 20 INTROSEA (PTE) LTD. Faber House 234E Orchard Road Smgapor* 9 Telephone *****1 "*****57 BftCAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE Singapore loading tor: DMT AMERICANA WBIIO Sailed leddahMseies/Hamburg Rotterdam/Tltury A. FIDELITY WBIII 28 hi Jeddah/Livomo/M seies/ Hamburg Rotterdam Tfcury FULL CONTAINER EAST BOUND SERVICE ETC KARACHI ETD BOMBAY
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  • Page 21 Advertisements
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      477 21 NOL NEPTUNE ORIENT LINES LTD Also accepting cargo to/from Scandinavia N Garnet S pore Closing Times: FCL Cargo LCL Cargo 0200 16/7 1400 15/7 TO AND FROM AUSTRALIA: Also accepting cargo to/from Bangkok and E Malaysia TO WEST COAST (USA)/CANADA We accept LCL Cargo. Eastbound To: Seattle, Oakland, S. Francisco.
      477 words
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      Page 21 Advertisements Column 2
      646 21 MALDIVE LINES ETA ETA ETA SPORE KUANTAN PORT KELANG MALDIVE MPORTER 20/7 Loading For Male MALDIVE NATION 20/7 Loading for Dubai/Abu Dhabi Doha/Bahrain MALDIVE NEIGHBOUR 30/7 Loading for Dammam MALDIVE NOVEL 30/7 Loading For Jeddah MALDIVE MAGE 2/8 Loading For Jeddah MALDIVE PEACE 3/8 Loading For Dubai/Dammam Kuwait MALDIVE EXPRESS
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      Page 21 Advertisements Column 3
      853 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Sin(apore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KEL AUG row* M/S SHARK AT NAM SOON SON BW IST ANO ?NO FLOW *SSK MAI THONG StVPWG
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      516 22 X. ANTOLL LINES'' Independent FCL Containers Heavy lifts Liner Service D»fct B W to AOflAtt WIB (GIONGi SYDWY BHISBAW TASA4ANIA StNGAPOfIf I N SHIPPING PTE I ID 1401 5 ftotwnj House Shenton Wa» 0106 Tl» RS ***** Tel *****11 Bn r *****43 2210f23 WfSI MALAYSIA HSH (Mi Sdn BJid Kt
      516 words
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      Page 22 Advertisements Column 2
      310 22 JOHORE SHIPPING Ltf 161 Ifll AN TtNGKIJ KAOAP PORT KfIANG SfIANGOR MAI AVSIA BINTULU CONTRACTORS SDN. BERHAD 37. Pandungan Road. KucNng, Sarawak, Td: 205 M Tctei: MA ***** Express Car-Carrier/RO-RO Service to East Malaysia BWTU.U NO 1 V:11/S1 BWTULU NO. 1 V:l2/tl BMTULU NO 1 Vl3/81 BWTUIU NO 1 V
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      Page 22 Advertisements Column 3
      391 22 KAWASAKI KINKAI KISEN KAISHA, LTD. JAPAN/STRArTS/JAPAN Fully Containerised Service Tokyo Kobe S port Penang P Ketang S pore Tokyo SM SM SM M SM IC/7 26/7 8/7 11/7 22/7 24/7 25/7 27/7 7/8 29/7 31/7 IR/8 12/S 13/1 15/8 21/1 Vessel NORDSTAR V 5 NORO6AY VS NORDSTM VI (NOTE: NORWAY
      391 words
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      Page 22 Advertisements Column 4
      274 22 SL WOOD LINE Bulk Timber and Plywood Service UK/CONTINENT SERVICE Spert FKttant UJtai T. Ayt» Im4m| tar am PK m 004 17/7 11/7 SM NANTES/ROM/ UK/ESBJ moos C/ 8 9/1 3/1 MUTES/MM/ UK IN.OOC 4/9 7/9 1/9 NANTES/ROM/ SOUTH AFRICA SERVICE Spn PK«tm( Loaf* tar SA 001 IS/t IS/I RMtaM/DwfcM/CjptMM
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      Page 22 Advertisements Column 5
      363 22 SAUDI east LINE Regular Conventional Service (All Sowfi f iog Vessel) Looding for JEDDAH, DAMMAM,,DUBAI SAUDI PMNCE Gen *tents Ma.jrsu <K L Pen»n| O«*NUS SHIPPING *GFNC* PTF LTD 63* Ist Floor Amort Centre Srtfjporr 0207 TLX RS iS44i Tel *****77 (5 ines> TJN*S S£Tl* SON BHD Tet *****4 4<43W TUN*S
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      174 22 fi n s M m m r 4 I I a As I m 1£ IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather s-f Wind direction with speed in knots Rain vy Cloudy Sky w.v, heigh, Sarface winds Are Indicated
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