The Business Times, 29 July 1981

Microfilm: NL11184
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, JULY ISBI 60 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Underground oil tanks
      57 1 AP TOKYO, Tues. Japan is pushing ahead studies to store oil in underground tanks to supplement oil reserves currently stored aboard mammoth tankers based offshore in southern Japan. Japan's first underground oil storage plant a pilot project is now under construction at Kikuma, a small town on
      AP  -  57 words
    • Article
      Lock icon Squabbling guerillas
      81 1 Reuter BEIRUT, Tues. Squabbling Palestinian guerilla groups in Lebanon papered over their differences today and agreed to stick to the four-day-old ceasefire with Israel. The announcement came as Lebanon felt the full impact of power cuts and fuel shortages brought about by this month's Israeli air raids. The
      Reuter  -  81 words
    • Article
      Lock icon Doubling bilateral trade
      66 1 Reuter SEOUL, Tues. Thailand and South Korea have agreed to double bilateral trade to US$5OO million over the next three years. A joint communique signed by Thai Commerce Minister Chuan Leekpai and his Korean counterpart Suh Suk-Joon after three-days of talks here said joint ventures offer excellent
      Reuter  -  66 words
    • Article
      Lock icon Africa's poorest nations
      75 1 Reuter ADDIS ABABA, Tues. Africa's poorest nations need US$Bl billion in aid for development projects in the next decade, the chief executive of the United Nations Economic Commission for Africa (ECA) said last night. EC A Executive-Secretary Adebayo Adedeji was speaking to ministers from 19 of Africa's
      Reuter  -  75 words
    • Article
      Lock icon Long-term farm contracts
      62 1 Reuter BRUSSELS, Tues. The European Common Market is considering exporting its mounting farm surpluses under long-term contracts, possibly on a credit basis, the EEC Commission said today. But the move could bring the Community into conflict with the United States and other major food producers who fear
      Reuter  -  62 words
    • Article
      Lock icon Record invisible earnings
      75 1 AFP LONDON, Tues. Income from Britain's foreign trade in services and other "invisible," nonmerchandise exchanges reached a record level of £23 billion (about US$43 billion) in 1980. This increase occurred despite the recession and sterling's firmness. It represented an increase of £1.5 billion ($2.9 billion) over the
      AFP  -  75 words
    • Article
      Lock icon Russians involved?
      57 1 UPI DACCA, Tues. A preliminary government investigation has linked a foreign power apparently the Soviet Union to the assassination of President Ziaur Rahman. A report in the daily newspaper Ittefaq today quoted reliable sources as saying investigators uncovered mysterious activities by diplomats from the country in question in
      UPI  -  57 words
  • Article
    Ipoh Gardens in A$50m deal
    550 1  -  PUBLIC OFFER PROPOSAL By FLORENCE CHONG A MAJOR property deal involving Ipoh Gardens Bhd and the Myer Emporium Ltd, one of Australia's largest retailing groups, is expected to be announced in Melbourne today. Details of the announcement are a closely guarded secret, but Business Times
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  • Article
    Oil stockpile case settled
    253 1 SINGAPORE oil trading company Vitol Trading, representing its European principal, has agreed to meet the cost that Hongkong will have to incur to correct the viscosity of part of its emergency oil stockpile. Hongkong reports about this settlement added that the amount of compensation to be
    253 words
  • Article
    Uncertainty lowers tender prices
    492 1  -  By FONG MEW LENG,SIOW LI SEN UNCERTAINTY in the local property market and stricter sale conditions have .depressed tender prices and dampened responses to the latest Urban Redevelopment Authority sale. According to tender results released yesterday, two sites for flatted factories and eight sites for warehouses
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  • Article
    Tax incentives not a major factor
    458 1 WHILE tax incentives rank second to political climate as a factor influencing foreign investments in Singapore, it is "not critically important". In fact, their high ranking is probably due to companies feeling it is "safer" to place tax incentives high so that they would
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  • Article
    Company ventures into automatic Pig farming
    276 1 PIG farming Is Singapore Is fast developing into a capital-intensive tadastry with sahstnntlal capital investments. One saeh farm, Hsng Lang Enterprise, was recently fanned with a capital af fit mllltea. Subscribers to this new cempaay ate Mr Wa Yaa Hal, a pig fanner, and
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  • Article
    Sellers push index down another 34 points
    485 1  -  By CHRIS LIM THE STOCK market suffered one of its most Crippling half-day falls on record yesterday morning as panic reigned supreme. Even some recovery in the afternoon trading session could only alleviate slightly the extent of the damage done in the morning.
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      237 1 .Times Bookshops HiMDS HONG Leong Finance and its subsidiary Singapore Finance are continuing on a strong growth track with a 64.1 per cent and a 72.6 per cent jump, respectively, in their first half year profits Page 14 IT looks like the Goodwood group will end up accepting MUI shares,
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      Page 1 Advertisements Column 2
      9 1 w V i®' Hc»!> n STVt/ BTW© Phone *****30/*****24*>*****
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      Page 1 Advertisements Column 3
      2 1 Leader—page C
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    • Advertisement
      Page 1 Advertisements Column 4
      67 1 TRADE ENQ FOB QUALITY STEARIC ACID RUBBER. TEXTLE AND COSMETIC GRADES AVAILABLE MEETMG NTERNATUNAL SPECIFICATIONS. comACT: INDO EUROP FOOD LTD.. Pk. *****63 914, Maxwatl Houm, Maxwell Road, Singapore 0106. Whenvoubank with us, you bank with world. r- j k n m BANQUE LLJ NATIONALE HE PARIS OVERSEAS UNION HOUSE. 50
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  • TRADE AND INDUSTRY I
    • Article
      ROV revenue rises by 33pc
      452 2  -  By BERNADETTE CHOOI THE REGISTRY of Vehicles (ROV) collected 1603.95 million in revenue last year, a substantial increase of 33 per cent over that in the previous year. Expenditure rose by 12 per cent to $6.8 million. The higher revenue, according to ROV's annual report,
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    • Article
      MEMO PAD
      161 2 SEMINARS AND COI RSES July 27-31: South-east Asia Conference on Development in Industrial Engineering for Future Prosperity, Mandarin Court (old wing), Singapore Professional Centre July 28-30: Seminar-cum-exhibition on Reprographic Equipment. The Great Hall Merlin Hotel, Management Services Department, Ministry of Finance July 29-30: Delegation and Team-building Skills, SIM
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    • Article
      Conference on developments in cement industry
      306 2 THE ANNUAL conference on Our World in Concrete and Structures from Aug 26 to 28 will feature the theme Structures and Concrete. The theme was chosen in response to the inaugural conference on Structural Engineering Design and Construction in the 80's, which is scheduled
      306 words
    • Article
      Investment in the Middle East
      82 2 BUSINESS opportunities in the Middle East will be highlighted at a conference to be held by the Singapore Institute of Management from Oct 28 to 29. Conducted in conjunction with East-West Business Consultants of London, the conference aims to provide a clearer understanding of past
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    • Article
      PEOPLE IN BUSINESS
      110 2 MS CHBIBTOPHEB Watfcea, assistant general manager of Midland Bank International, will be in charge of the Asian and Pacific region, with effect from August. He succeeds Mr GeafCrey PrecatoK who has been appointed a general manager. Midland International's North European activities, formerly under Mr Wathen, will now
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    • Article, Illustration
      New standards on electrical safety
      257 5 THE ASIAN Federation of Electrical Engineering Contractors Convention and Exhibition (AFEEC '81) will feature new standards on electrical safety. Eighteen British companies will be taking part in the exhibition to be held from Sep 15 to 18. It is jointly organised by the Electrical Installation
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    • Article
      Mechanised rubber factory
      264 5 A HIGHLY mechanised rubber plant coming into operation soon will use a more compact block mode in place of the traditional export mode of smoked sheet. This allows 27.5 per cent higher loading of rubber onto the rubber "lash" or Lighter Aboard Ship vessels, said Mr K
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    • Article
      Government buys Kallang Theatre
      171 5 THE GOVERNMENT has bought Kallang Theatre from Cbong Gay Theatres. This was announced yesterday by Mr S Dhanabalan, Minister (or Culture and Foreign Affairs, at the opening of an exhibition on land transport of Singapore from early times to the present. The theatre, to be managed
      171 words
    • Article
      Computer firm to set up plant
      333 5 THE fledgeling computer industry will soon receive another boost when a Japanese microcomputer firm sets up manufacturing facilities here. Sord, which ranks 7th overall among Japanese computer firms, will invest about $20 million. The plant will be the company's second overseas plant. The first,
      333 words
    • Article
      Investment in Japan
      560 5  -  By WONG AI KWEI THERE are still opportunities to break into the Japanese'market despite the protectionist attitude of government officials and industry organisations in Japan. Professor Ezra Vogel, sociologist and author of Japan As No 1, said the Japanese are keen to encourage investments from foreign companies
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      590 2 PA provides comprehensive management consulting services including: REGIONAL SALES MANAGER FAR EAST $50,000 60,000 per annum Base: Singapore A U.S. based company which is one of the world's largest manufacturers of industrial weighing equipment and systems wishes to set up a regional office in Singapore This office will serve as
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      243 3 **********88&898$*** >y Wmii: Mi r "V"'' Jm I*-' i WMtji-. sMMm wsm f < m. >• "jp mmMUk A /I ,>llll Byi I fc p yL'U: to*... i »w M i w s?- wmimH .H LAUREL Wr w jwm m f M ■■%<<. m The Luxury Classic The new Datsun
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  • RAW MATERIALS
    • Article
      RUBBER
      210 4 THE Singapore rubber market closed yesterday easier with August One RSS buyers quoted at 220.50 cents per kilo, down four cents from Monday's close. Levels fell 1.50 cents in afternoon dealings on some profit-taking but the market firmed after the close on upcountry buying and covering interest. In Kukl*
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    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) CtttM yara: China Blue Phoenix 20s 2,3»; 32s 2,860, 40s 3,020 (per bale of 400 lbs). Piece gs*4s: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • Article
      RAS PRICES
      403 4 RAS prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f o b. 213 00 *****N 210.50 211 50N Int. 1 R.S.S. August 223 00 224 00 220 50 221 50 Int. 1 R.S.S. September 236 50
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    • Article
      SSR and SMR
      120 4 NOON SSR u ■d SMR price* yesterday HAS August Septem ber (Current Mth) (Forward Mtk) SSR 20 Buyer* Seller* Buyer* Seller* (1 -ton pallet) 202.50 204 SON 204.50 206 50N SSR SO (1 u >n pallet 1 200.00 202.00N 202.00 204.(ION MREI.H SMR CV Ilk >n pallet
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    • Article
      Straits Tin
      46 4 THE STRAITS tin price in Penan g yesterday eased two cents to M 533.14 a kilo after holding steady for three days within the ceiling range of $32.74 to 135.47. Despite easing marginally, conditions still remained steady on follow-through Japanese, European and local buying.
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    • Article
      CLOSING PRICES
      34 4 Rubber July 28 Singapore: Aug: 220.50 cents (down 4.00 cents) Malaysia: Aug: 242.00 cents (down 4.00 cents) Tin: M 533.04 per kilo (down 2 cents) Official offering: 229 tonnes (down 26 tonnes)
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    • Article
      Lock icon Contracts for rice
      42 4 Reuter MALAYSIA has signed contracts to buy 200,000 tonnes of rice from Thailand and 12,000 tonnes from China for this year to make up an expected shortfall of 250,000 tonnes, the National Padi and Rice Authority (LPN) said. Reuter
      Reuter  -  42 words
    • Article
      Produce exchange
      180 4 CHINESE Produce Exchange, Singapore, noon closing prices per kg yesterday. (ocooot oU: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers. Copra: M®ed (loose) $72.75 buyers. Pepper: Muntok white pepper fob Asia NLW $375.00 sellers, Sarawak white pepper faq
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    • Article
      WHEAT
      214 4 WHEAT futures in Chicago on Monday declined late to close with l'/t to cent a bushel losses. Late sympathetic local selling following the extended decline in corn and soybeans dropped prices to the minus side, traders said. Earlier, prices rose as speculators bought on continued talk of Turkish import
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    • Article
      LONDON MARKETS
      761 4 COFFEE: Robusta coffee futures yesterday held firm during the morning session as operators awaited further news from Brazil on the impact of last week's frost on the 1982 83 coffee crop, traders said. Midday prices were £40 to £15.5 up on the day, just above the day's firm
      761 words
    • Article
      SOYBEAN
      198 4 SOYBEAN futures in Chicago on Monday closed at or near the bottom of a 12 cent range, down 9 s to 8 1 cents a bushel in revived trade. Improved US bean crop conditions, especially in southern bean producing areas, prompted speculative selling from the start. Steady professional selling
      198 words
    • Article
      RICE
      325 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.36, 100 per cent second class 1.14, 100 per cent third class 1.10, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.78. Special
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      195 4 Photocopying headaches? o o I I "f Just take one of these for instant relief >*■■ is W II if; &-XVY-\ :> H m i Take the Oce cure in the form of a new, revolutionary photocopier that gives instant relief from photocopying headaches. Our new 1900 has a tiny
      195 words
    • Advertisement
      Page 4 Advertisements Column 2
      91 4 'The Stamford Arms? Nayou wouldrrt like it* The place is absolutely riddled with coves with loose-tongues who seem to have nothing better to do than to tell the whole world how good the food and wine and beer is. I used to be able to call it my pub before
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      50 5 ROCFLOOR Resin flooring many limes stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. Batika Singapore Pte Ltd 51 Senong Crescent Singapore 1441 Tel: *****55 VALUATION ON PLANT MACHINERY CONSULT: CITY VALUERS CONSULTANTS (PTE) LTD SUITE 203, COLOMBO COURT SINGAPORE 0617 TEL: *****74/5
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      Page 5 Advertisements Column 2
      335 5 A FROM FORD JAPAN COMES A r>,. v-: •>.. »r Ford Laser is a car innovatively designed and engineered for the eighties and destined to change your mind about economy motoring Imported direct from Ford Japan and winning rave reviews all over Asia. Here are just some of the reasons
      335 words
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      2 5 Leader...page I
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  • Article
    The lesser of two evils
    379 6 IF A COMPANY cannot expect to make profits, taxes will be the least of its worries. In this context, one must conclude that Professor Lee Soo Ann and Dr Kwan Kuen-Chor have come to an obvious observation when they say that tax incentives is "not
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  • Article
    Japan wouldn't have been 'No. 1' if...
    294 6 EZRA Vogel's suggestions on how to penetrate the Japanese market are much too pat to be of any real value to a company trying to break into the Land of the Cherry Blossoms. It is true that the Japanese like small, compact and
    294 words
  • Article
    Lock icon Seeking a compromise on corruption laws
    1150 6  -  Should the Foreign Corrupt Practices Act be amended? The Reagan Administration favours changing the law. Should it? JEFF GERTH presents the case for and against the need for modifications. JEFF GERTH NYT FOUR years ago, Congress spoke out in a seemingly clear voice against
    NYT  -  1,150 words
  • Article
    Lock icon Distaste for the military
    909 6  -  TERRY ANDERSON expects the inconclusive talks between the US and Japan on the latter's defence spending to drag on and on and 0n... TERRY ANDERSON AP IN SPITE OF Japanese and US efforts to downplay their differences, the wide gap in their views of how much
    AP  -  909 words
  • Article
    Lock icon MIDDLE EAST CROSSROADS
    740 6  -  FORUM, with FLORA LEWIS NYT ONCE AGAIN after an outbreak of bloodshed, a series of subtle changes in Middle East relationships has created new dangers and new opportunities. Although top officials do not want to admit it, the United States has slid into a different position towards
    NYT  -  740 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      666 6 I -11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 3 The space one has between numbers (5)8 Noel may go around a lot in yellow (5) 10 I call madly for colour (5) U Jack gives us a bit of a stare (3) 12 Caught on certain points in the underworld (5) 13
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      817 6 The launching of SDP i THE Baelal Dt—mfc Parly (SDP) hai heea In •ai already Ha Impact aa has heea straagly felt. T V Eye: Tke Btrtk Of A Party (rh ft, 11.11) rtpsrts m the I—■■ ef SDP aa Tbare«Uy, Mar dariag a pre*, caafereace M by fear farten.
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  • Article
    Lock icon SOME FLEXIBILITY
    1867 7  -  Nationalised companies in France The new Socialist government in France plans to extend state ownership of industry further than ever before. But nationalised companies may find their new masters more flexible than expected. Their rationale, reports TERRY DQDSWORTH, is to support jobs, win markets and fuel growth by
    FT  -  1,867 words
  • Article
    Lock icon Japan not giving up, coal project
    533 7  -  By TOSHIO KOJIMA Reuter JAPAN is forging ahead with plans to extract oil from coal despite the cancellation of a multi-million-dollar liquefaction project involving the United States and West Germany. The Ministry of International Trade and Industry (Miti) said recently that .Japan would start
    Reuter  -  533 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      358 7 NOTICE IN THE MATTER OF THE COMPANIES ACT CAP 185 Pursuant to Sector 254(2Xb) AND IN THE MATTERS OF KIAM TRANSPORT CO (PTE) LTD At an Extraordinary General Meeting of the above named Company duly convened and held at Room 1110.11 th Floor Golden Mile Tower. Beach Road Singapore 0719
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      Page 7 Advertisements Column 2
      150 7 Only Pan Am gets you to Hong Kong before noon. Pan Am's flight 6 takes you to Hong Kong five days a week aboard widebodied 747SPs. You arrive well before noon with plenty of time for shopping, holiday or that important business meeting. Pan Am's same evening > from Hong
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  • OVERSEAS
    • Article
      Lock icon China-US trade increases
      740 8 USSR LOSES OUT NYT, AP CHINA has replaced the Soviet Union as the most active communist trading partner of the United States under new policies Unking political behaviour with more favourable trade relations, President Reagan told Congress on Monday. One reason for the contraction of exchanges with
      NYT,; AP  -  740 words
    • Article
      Lock icon Military facilities for US in Egypt, Sudan
      303 8 Reuter EGYPT and Sudan have agreed to offer military facilities to the United States to counteract Soviet moves in the region. Announcing this on Monday, President Sadat said he discussed the issue with Sudanese President Jaafar Nimeiri, who left for home earlier after
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    • Article
      Lock icon Reagan appeals for tax plan support
      297 8 Reuter PRESIDENT Reagan urged Americans on Monday to rally behind his economic recovery tax cut bill which (aces its crucial vote in Congress today. Mr Reagan said that the message he heard at the seven-nation economic summit in Ottawa last week was that "our
      Reuter  -  297 words
    • Article
      Lock icon Easing the plight of jobless Britons
      514 8 UPI BRITISH Prime Minister Margaret Thatcher announced on Monday a nearly US$l billion government programme to ease unemployment among Britain's young in an attempt to deal with the crisis in the inner cities.' "The aim of this programme," Mrs Thatcher said, "is to ease
      UPI  -  514 words
    • Article
      Lock icon Opec output at 11-year low
      233 8 Reuter PRODUCTION of oil by Opec members fell to an 11year low in May and has fallen further since, the Petroleum Intelligence Weekly said. The decline has reduced the glut on world oil markets, but oil supply analysts still expect buyers to have the upper
      Reuter  -  233 words
    • Article
      Lock icon Aussie truck strike
      148 8 Reuter A 12-DAY-OLD strike by more than 45,000 truck drivers in Australia is expected to end today after unions and employers agreed on a 10 per cent rise in wages. The deal between the Transport Workers Union (TWU) and the Australian Road Transport Federation, worth about As2o
      Reuter  -  148 words
    • Article
      Lock icon Mobil raises offer for Conoco
      707 8 NYT IN A MOVE to outbid Du Pont and Seagram in the muiti billion-dollar battle for Conoco Inc. Mobil Corporation is increasing its offer for America's ninth-largest oil company to US$lO6 a share for slightly more than half of Conoco. It is reducing its offer
      NYT  -  707 words
    • Article
      Lock icon Asia-Pacific offers secure market for US exports
      650 8 AP COUNTRIES on the Asian rim of the Pacific Basin offer the mo6t lucrative and secure regional markets for US exports. The US Department of Commerce in its annual report, "World Trade Outlook" directed to US exporters pointed to the security of Pacific
      AP  -  650 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      728 8 ARRIVALS Service Local Operator Number Tine From PAA PA005 0010 NYC/SPO/HKG MAS MH601 0630 KUL MAS MH680 0645 KCH SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS MH603 0830 KUL RBA BI421 0930 BWN MAS MH671 1000 PEN/KUL SIA SQ201 1000 HLP CPA CX710 1005 HLP
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    • Article
      Lock icon Biggest trade surplus in three years for Japan
      391 9 Reuter JAPAN yesterday announced a significant narrowing in its balance of payments last month, helped by the biggest trade surplus in almost three years. The figures, supporting Japan's claims that its economy is basically strong, showed last month's deficit fell to US$954
      Reuter  -  391 words
    • Article
      Lock icon Strike threat eases
      162 9 AP POLISH workers are staging demonstrations to protest against bare grocery shelves and soaring prices, but the threat of new strikes has eased after the government promised to slash meat rations for only one month. Under a compromise reached on Monday with the independent labour union Solidarity,
      AP  -  162 words
    • Article
      Lock icon Senators call for summit on rates
      312 9 AP FIVE conservative Democratic senators have urged President Ronald Reagan to convene a domestic "economic summit" to find ways of bringing down high interest rates before they cause irreparable damage to the US economy. In a letter released on Monday, the senators said any
      AP  -  312 words
    • Article
      Lock icon Law to ban strikes in India evokes anger
      346 9 Reuter OPPONENTS of the Indian government's sweeping new powers to ban strikes yesterday lashed out at the measures, branding them undemocratic and aimed against the working classes. But the president of the Employers Federation of India, leading industrialist Naval Tata, said that
      Reuter  -  346 words
    • Article
      Lock icon Shares for workers
      140 9 Reuter CHINESE factories should be allowed to issue a limited number of shares to be bought by their employees, said a Shanghai economic newspaper. The World Economic Herald said state-owned factories should be permitted to float 5 to 10 per cent of their capital as shares, paying
      Reuter  -  140 words
    • Article
      Lock icon US dollar moves up sharply on Tokyo forex market
      287 9 Reuter THE US dollar moved up sharply yesterday on the Tokyo foreign exchange market despite strong central bank intervention. Dealers said the dollar reached a 15-month high of 236.96 yen at one stage, but by the end of trading it iad
      Reuter  -  287 words
    • Article
      Asean reviews its organisation plan
      435 9 ASEAN is actively studying several proposals aimed at restructuring its base for closer regional cooperation, with particular emphasis on political and economic cooperation. Discussions to consolidate further the five-member organisation into a more "cohesive force" have been going on in recent months and have reached
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    • WORLD IN BRIEF
      • Article
        Lock icon AUSTRALIAN PROJECTS
        440 9 Agencies THREE Australian companies will invest MJIS3 million in four industrial projects in the southern Malaysian state of Negri Sembilan, a state government spokesman said. The companies, Australian Consolidated Industries Ltd, Australian Paper Manufacturing Ltd and Alex Harvey Industries Ltd, Melbourne, are expected to start building the factories
        Agencies  -  440 words
    • Article
      Lock icon Coffee crop reduction
      155 9 AFP BRAZIL'S coffee crop next year is expected to be reduced by between 25 and 40 per cent as a result of recent frost damage. Reports from Rio de Janeiro yesterday said this loss amounts to between 660 and 780 million kilograms of coffee beans. Dealers said
      AFP  -  155 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      266 8 Let us examine the word Information n-forma-tion Xjn-for-Sna-shanX n 1 the communication or reception of knowledge or intelligence 2 knowledge obtained from investigation, study, or instruction b intelligence, news c facts, data d a signal or character (as in a communication system or computer) representing data something (as a message,
      266 words
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  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      117 9 Saabject of great interest S 4i WW m S^BgOOTURBO y The unique offer The American Express Card introduces a unique offer on the Saab 900 series. Whether you wish to make a booking fee, pay a downpayment, or even pay the full price of any of the Saab 900 series
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      Page 9 Advertisements Column 2
      102 9 Object of great rr-rzz c r\* 0 ~Wv,vi V- Jt *1 Y v.v _-c > v v< masterpiece of innovative auto engineering,demonstrating a performance that has earned laurels in the toughest of world rallies, and ranking among the top of a coveted class. Equally enviable is the American Express Card,
      102 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        248 10 JULY n Pr» CORBEILLE Air-Liquid* BIN OarmM 482 -3 C 8 F (ThomaonC«f) ao -a CI* hioeut dw PMrotaa 130 °SSSSZ CompacnK OMMrml* TOJO +01 Cndtt PoDctw Da fTaac* Hirhtttc m uncb (LUwalrte) Marhtn— ball as 37 JB +ata MfchaUn (B) Part baa PtcUaqi Clfln* Kohlmann PtUfOi (Mt Own
        248 words
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        Frankfurt
        205 10 JULY rt Dm Aac-Telafunken 43J0B 2 Akan 22.10 0.4 Alia Laban UMJOO 40 Alls Van moo 4 RAW 141 00 1 B*J H T WbuU 1*1.00 -0.5 Bay Vbank 27SJ0 2J jyw im« 0J BMW ■JO 196.00 14 1i CUMllA UXKh Cham Varw moo Conu Oumml Otlmkr-Beru 14U0 suo
        205 words
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        Brussels
        84 10 JULY n rr» FORWARD MARKET AC«C unch Artwd 1032 32 Artur 183 4-0 Brtactfl mo 44 Bna-Lamb 1143 -4 1715 -10 Cock 141 .1 De Bnn ffl .1 Ebm 1*4 Stoctrobtl Ob-Inno-Bm Oft rat ino 1330 -14 IS -6 an 80 mm +m 1 1M 8klrt> 1000 4 8oc
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        Zurich
        137 10 Action* suimm an ♦1 Alimil— Rat Brown Bor»ri Br. Ctb> Oalgj Br cite o«icy r c ctta o«i«j FU« Credit Sulaat Br Credit BuUh Ra( SO -4 ISO ill UB MO m I1«0 m ach JS X 4 JO act) pljiTr am •10 B7B WOO Ul Hoffman La Roche
        137 words
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        Amsterdam
        158 10 JULY Tf rtt abn ma -a Ahold 71 JO 41 Ala MJO OJ Atirv OOJO Amfmi MJO UOCb Amrotnk 51 JO -ai Bmrjom MJO 42JD -15 uncb Bol* «10 0.4 to—II lOJO uncti OLhX Drift DaU Mil 90.40 30.10 100J0 73J0 -0l2 -OJ -OJ -OJ KnnM ftkkor 1MJ0 MJO
        158 words
      • Article
        Milan
        70 10 Ante Ajaoc Om now MO t ia a i IK Cantrmte Plat MM 1M ruuttr Oan ImmoO IIS IF1 Pit no SM ia iVtktiDfnu iudcai 1 no 71 as 101 i MOO 1000 MX ae as sa is Montadsn MotU Bio ISO cxm Ort XX IX PlrvUI E C
        70 words
      • Article
        TORONTO
        142 10 JtJLT ST 3» Abiubi Bti uoch Ale*n Jl* pgfgg M -I ait in BP Qui Ltd ui >ch 1 i ItH -1 H In* PJ 30* 9% -1 CarUnf CHLmf Cool »»Lh M* 44 mMmXm 1H iu 1 -1 ich Drntaon Dam Moth <2 S unch Dm Tar IT*
        142 words
      • Article
        JOHANNESBURG
        232 10 JULY r F laxid INDUSTRIALS A 1M. we uacb Abcrcoo AX And CI A»fir Barton cftA 1 ao 2T0Cuncb uncb 15 mt ino uncb -a 500 ao aoo ■0 uacb CttirU Floinct D» »««n Ind la cor. uncb ■dean EvvrMdv ins M Vou S10 rotH OardMixi OImaiiI ao Oruamn
        232 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      610 10 ,`|=]|])?$:`$>*<"'<>./^-*@)$,+@ The American Express Card serves you well, wherever good food is served" Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. Restaurant Lounge 10.30 a.m. to 10.00 p.m. DOLPHIN CAFETERIA Ist. Floor, World Trade Centre, Tel: *****11/2 Inn Of Happiness ■jm cm. Dine Dine Cantonese style. Szechuan style.
      610 words
    • Advertisement
      Page 10 Advertisements Column 2
      176 10 The rumour is erne. For The Citation is a very private and exclusive dub for business executives. Secluded beneath the Cockpit Hotel, its furnishings ate the very finest; the atmosphere appropriate for business entertainment. Gome and experience a businessmen's haven. c=»;«=q restaurant i presents Wednesday Fashion at 1.15 p.m. Try
      176 words
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  • BANKING AND FINANCE
    • Article
      Citicorp earnings drop
      520 11 CITICORP, the parent company of Citibank, the largest US bank in terms of assets, has reported a sharp 40 per cent decline in second quarter earnings. Although other major US banks have reported large second quarter earnings' declines, Citicorp's downturn is much bigger than the average 25
      520 words
    • Article
      US Treasury sued
      105 11 THE AMERICAN Jewish Congress has sued the Treasury Department for records of the US dollar holdings of Saudi Arabia, Kuwait and the United Arab Emirates. The Jewish group tried to obtain information, via the Freedom of Information Act, about the amount of funds these three countries had
      105 words
    • MONEY AND EXCHANGES
      • Article
        GOLD
        263 11 SINGAPORE gold futures yesterday closed generally easier compared with overnight levels in light trading, dealers said. Opening quotations were marked down between US$6.5O and $8 an ounce following the metal's weakness in New York on Monday night and thereafter prices fluctuated marginally throughout the session, they said. Total sales
        263 words
      • Article
        TOKYO
        169 11 -THE US dollar for overnight delivery yesterday closed firm at 236.35 yen compared with a 236.50 opening here, a 236.25/35 closing in New York and 236.15/30 on the West Coast on Monday, dealers said. Trading was active with volume US$l.2l 'billion. The Bank of Japan sold an estimated $100
        169 words
      • Article
        Silver quotes
        36 11 Mm rn New York 8.38B 8.45B Zurich 8.58S 8.40B 8 60S TMs 8.S5S 8.S0B 8.7SS Mm Singapore 8.356 8 52B 8.55S 8.72S Closing prices in US dollars a troy ounce Source: Credit Suisse, S'pore.
        36 words
      • Article
        HONGKONG
        164 11 THE US dollar yesterday held basically steady on overnight US levels in quiet late trading, dealers said. The market here is tending to mark time until the US provides a fresh lead, possibly later yesterday, they said. The US unit was quoted at 236.35/45 yen in late dealings after
        164 words
      • Article
        London
        106 11 THE dollar yesterday opened below New York's closing levels but still showed strong net gains over Monday's close here, dealers said. High US interest rates remained the dominating factor in the dollar's performance, they added. Interest rates on US credit markets have remained high with no sign of any
        106 words
      • Article
        Singapore market
        502 11 THE LOCAL foreign exchange market was quiet as not much dealing was carried out yesterday. The US dollar opened at 2.1630/40 against the Singapore dollar. Trading was later done at a high of 2.1645 but in the afternoon, heavy selling caused the US dollar to slide right down
        502 words
      • Article
        NEW YORK STOCK MARKET
        901 11 STRENGTH in oils and some blue chip 6 propelled the New York stock market on Monday to its third straight advance, as investors continued to hope that interest rates may soon decline. The Dow Jones industrial average ended nine points higher and advances outweighed declines almost
        901 words
      • Article
        PLR
        22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.375 per cent.
        22 words
      • Article
        ASIAN $ RATES
        188 11 ASIAN RATES ASIAN currency deposit interbank rates as at close on July 28. US DOuKhri) Offtr BmI 7(Ujrs 1»H 10* 1 month 19* IB* 2 months 1811/16 189/16 3 month* IS IS/16 IS IS/16 6 montha IS* 18* 9 months 17* 17* 12 months 178/16 17 7/16 NM DM. l
        188 words
      • Article
        Discount
        45 11 RANGE of price* otter ed by dlscount houf on July 2t Overnight: l to**.* Call deposits *">% to Clatiu b*T«M 3-month Se llia« Treasury bills 3-month Bank bills 13* 13* 3 months CD 12W 12** 6 months CD 12 V 12H Source: National Discount Co
        45 words
    • Article
      Lock icon Futures market in CD
      859 11 NYT THE NEW futures markets in US bank certificates of deposit (CD) that started on the Chicago Board of Trade last Wednesday and the New York Futures Exchange on July 9 could not have come at a more opportune time. Not only is the trend in
      NYT  -  859 words
    • Article
      Lock icon BETTER CONTROL
      288 11 Reuter CHINA said yesterday it had made progress in its efforts to control the money supply, whose growth in recent years has been an officially-acknowledged problem. Figures issued by the Bank of China said that 3.98 billion yuan had been withdrawn from circulation in the first half of
      Reuter  -  288 words
    • Article
      SANWA TO ISSUE US$15m FRCD
      126 11 SANWA BANK, which maJataJ— u «KlhirC bank here, will be tapping US$l5 mllllsa la the Slagapsre-based fleaflag rate certificates ti depsslt (FRCD) market. The three-year FRCD, matarlag on Aag 8, IM4, will have aa late rest rate •f V« per cent aheve the Slagapsre Interbank
      126 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      172 11 Maximum Security with Maximum Convenience... DM>9ned lCar KNOB CONTROL AT DRIVER'S DOOR Just push or pull the driver's door knob and al) the other doors are also automatically locked or unlocked. TNe enaurae no dooc la Inadvertently left unlocked. KEY CONTROL AT DRIVER'S DOOR Just lock or unlock the driver's
      172 words
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      Page 11 Advertisements Column 2
      268 11 L i a Arthur Andersen SOCltTt COOPERATIVE PRESENTS MANAGING INDUSTRIAL PROJECTS The performance oriented approach industrial project management SEMINAR APPROACH PERFORMANCE ORIENTATION gives owners and contractors better tools for controlling design, engineering and construction efforts. EMPHASIS on measuring accomplishment as well as planning and reporting actual information OWNER ORIENTED but
      268 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    2100 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. BECTION ONE INDUSTRIAL COMMERCIAL Acaa (3.008 3.205)
    2,100 words
  • Article
    Unit trusts
    193 12 SINGAPORE UNIT TKIOT DIAMOND MOT RTOtl e MAMfcfQTv prim MMI) iXlMIIII 1 tar MM) US® The Commerce 3 23 3.40 Diamond S'pore Fd The Savings Fund 189 l.M 97 102 S'pore Prog Fund 16 152 SC. 10 230 S pore Sec Fund 123 2 35 S'pore Invest Fund
    193 words
  • Article
    SHARE INFORMATION SERVICE
    2712 12 Gr'» Gr 1 Net 1981 Last Div Div YTd P/E Vol Day High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 484 300 Acma 300 -50 14.5 3-2 45 10.7 1 300 300 Alcorn 300 10.0 2.0 35 25.0 350 130 Allied Choc
    2,712 words
  • Article
    In Kuala Lumpur
    2309 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 MDUSniALfI Aitmm (2 40B) (I) 2» (1) 2» (2) IB A Cher
    2,309 words
  • Article
    COMPANY MEETINGS
    44 12 Bl'KJT Senktwug Estate* Limited: AGM to be held at 19th Floor, OCBC Centre, Chulia Street. Singapore on July 31 at noon. GROWTH Iadutrtel Halting* Limited: EOGM to be held at 1 Jalan Samulun, Jurong, Singapore 2262 on July 31 at 9.% am.
    44 words
  • Article
    SES prices continue to tumble
    751 12 SHAKE prices teak aaether •ever* beatlag yesterday aa the Stralte Tlmea ladastrial lades wm redaced by S4JTJ palate to 756.73, ne af the biggest drape alaee tke 1173 market creak. Oae ranWer eaatkeM yesterday maraiag aa tke prices were tunbdag dawa said It was "aabcHevabie".
    751 words
  • Article
    Kuala Lumpur takes a beating
    621 12 SHARE prices suffered a heavy beating as sentiment turned very weak at the stock market yesterday. Sellers were evident from the outset to lower prices steeply and buying interest was practically nil throughout the session. Although last week's bashing was considered severe (the sharpest fall
    621 words
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  • COMPANY NEWS
    • Article
      Sun Hung Kai picks JC-MPH
      843 13  -  ■arket Talk... By CHRIS LIM JACK CHIA-MPH Ltd has been recommended by Sun Hung Kai Securities as a counter with a "strong growth potential". The recommendation was made in the broking firm's monthly publication dated June 30. The stock's medium-term outlook is promising, it said,
      843 words
    • Article
      COMPANY BRIEFS
      737 13 THE KLSE has requested Palme* Haldlagi Bhd to furnish information on the authorised issued and paidup capital of Fima Palmbulk Sdn Bhd. Palmco has also been asked to submit a copy of the Joint-venture agreement. SHAREHOLDERS of Bedford Plaatatteas Bhd approved at its EGM on June 15 the
      737 words
    • Article
      RESULTS DUE
      164 13 Date Last Pall Yea Cam posy Peried AiMueei Net EPS Otch Pre-tax last year (Mate) Div. Profit <%) <nn> Kesang Tin F 5/5 64 K Kampar F 17/6 69.8 73.3 3,647 Kramat F 17/6 1.112L Gula Perak I NA 1.161L Sentosa I 8/7 322L Chem Ind I 9/7
      164 words
    • Article
      MUI RECEIVES APPROVAL FOR PURCHASE
      436 13 MALAYAN United Industries (MUI) has received approval from the relevant Malaysian authorities for its Msloo million purchase of Oriental Plaza from the Swire group of Hongkong. Disclosing details of a valuers report on Oriental Plaza, a prestigious 22storey office complex in Kuala Lumpur, MUI said
      436 words
    • Article
      New twist at MWE
      327 13 THE MWE np tea taken yet ■—♦her tea «Hk Ike Macls—re that mitad efcairmaa Datak KK Bhanaa to to aae Ike r*mpu) aad mm af Its ahareheMera far, af eMtraet aad daaagra la Tfcto m revaalei la a I, t f_ i onci voiu mcniff Din)
      327 words
    • Article
      UIS tops trust increases
      486 13  -  By MAUDRENE NITHIANANDUM UNITED International Securities (UK), the closedend investment trust of the UOB group, recorded the highest percentage increase in its net tangible assets per share over its rival closedend investment trust companies, Overseas Union Securities (OUS) of the OUB group, General Securities Invesments (GSI)
      486 words
  • ASIAN STOCKS
    • Article
      Hongkong
      306 13 BUYING interest yesterday returned to the market after Monday's selling, but stocks still closed a little lower again under more selling pressure during the afternoon, dealers said. The Hang Seng index closed a day of quiet trading at 1666.52, 4.29 points below Monday. Volume for the day was an
      306 words
    • Article
      Selected indices
      56 13 FINANCIAL TIMES INDUSTRIALS Monday 528.5 Friday 520 2 Week Ago 514.0 DOW JONES AVERAGE INDUSTRIALS Monday »45 81 Friday 936 74 Week Ago MO.54 H.K.HANG SENG Tuesday 1080 52 Monday 1084 81 Week Ago 1732.38 AUSTRALIAN INDUSTRIALS Tuesday unav Monday unav Week Ago 722.9 ALL ORDINARIES Tuesday unav
      56 words
    • Article
      Sydney
      271 13 A DISAPPOINTING report on the rumour-prone Canning Basin oil search yesterday laid to rest hopes the market's upturn on Monday could turn into a sustained rally, dealers said. Partners in the Yarrada no 1 well rose sharply on Monday on rumours of an oil find but consortium member, Vamgas,
      271 words
    • Article
      Bangkok
      53 13 JULY m BaiiU Art* ran mm unci) Btnfci Aran LM Bartl Juckar '■t* TW> nm Trwt LM ZZZI «ja unch IndoMmi Plna. o» Cars B-M-M -CI 1 Ij I 1 k W~ Ruu Tow ataa -J Mm Union ui unch M< •1 ■Mi CMy aowairu>i S m P wi?r*
      53 words
    • Article
      Manila
      65 13 JOLT a Pm> Aeafr lUntnc M -UM Aim ODD. A AUM BLM InfMt Ooo. B uncb BF Ooodrteh cdc* m -«li TaxkJOL upmto a us *um onSJTT* mz r Ortaotal m -MM mi on him m -urn Pbllu A PbllU .in AJM puohi mn -AMn PLOT SMI *1 pwjco
      65 words
    • Article
      Tokyo stocks fall
      454 13 SHARE prices yesterday fell, led by big capitals with many investors on the sidelines in view of the yen's sharp fall to a 15-month low against the US dollar, dealers said. The market average shed 31.92 to close at 7,784.84 with thin turnover of 190 million shares.
      454 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      172 13 GOVERNMENT OF BRUNEI pre-quamcatioii oi contractors for supplyp hisuhoiioii bvvq malntonance of syntnetlc running track to tno Brunei National Stadium, Bandar Sari Bagiroran, Brunal Interested contractors and/or suppliers with proven experience on works of a similar nature are invited to apply for pre-qualification forms for the above. The synthetic running
      172 words
    • Advertisement
      Page 13 Advertisements Column 2
      164 13 Takefhef ExecutivetFKghiflo Kuala Lumpur. Z3O am daily. j Now, a flight that's scheduled with your schedule in mind. M The 7.30 am MAS Airbus to Kuala Lumpur. It's conveniently K timed so you'll beat the mid-morning departure crowds and m have a relaxing supercomfortable flight all the way. We've cut
      164 words
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  • Article
    Plan for another Metro store at Scotts Road
    382 14 METRO Holdings Ltd will have yet another store in Scotts Road by 1964. Metro Pte Ltd, which will be anchor tenant at Far East Plaza, yesterday signed an agreement to lease 5,575 square metres of space at Scotts. Scotts is a prestigious
    382 words
  • Chief Price Changes
    • Article
      SINGAPORE
      121 14 Falls Indices H Leaag OMUt HNgLdMgM CtMhag Jacks lit PMC G.IHMcs Metre HMgs OCBC Slntti Tradtag isrSpare Laad Prim SaprMM Carpi Set n ipntln Prwnet 960 1430 510 320 470 410 300 250 1500 650 1600 1050 820 700 350 1060 480 442 845 466 -270 -220 -190 -160
      121 words
    • Article, Illustration
      KUALA LUMPUR
      155 14 Falls lodices HL Credit 960 -450 July 27 *****8 July 28 BT Index: C Sugars 1400 -320 Industrials: 1046.30 989.94 P Chem 800 -300 Finance: 1598.12 1519.12 H L Ind 1600 -230 Hotels: 510.90 508.78 PMC API 1590 350 -180 -146 Properties: Tins: 1082.32 442.17 1033.43 433.77 OCBC
      155 words
  • Article
    KL QUERIES UMW ON TOYOTA FRANCHISE
    239 14 NOT satisfied with (Jailed Meter Works' vagae rtmmeat m press reports tfett the Toyota fraaehlae la Malaysia la aheat ta chaage haads, the Kaaia Lampar Stack Kxefcaage kaa eaee agala aiM UMW ta state categorically whether the eempaay la a eoateader far the tayata
    239 words
  • Article
    Move by S'wang to diversify
    266 14 CASH-FLUSH Senkiwtag Shipyard, la a nave to diversify tram its ski pre pairing activities, has came together with JahMsa Llae AB sf Swede* to aadertahr shlpmaaagemeat, ships walag aad ether marine activities. Far the afcave parpaaes, the partners are la the process ef iaearparatiag several
    266 words
  • Article
    Sinfin and HLF profits jump
    479 14  -  mmm Companies Editor: Mano Sabnani By WONG SOUK YEE AMIDST the gloomy stock market, two fast-growing local financial institutions have reported scintillating interim results for 1981. Hong Leong Finance and its subsidiary, Singapore Finance (Sinfin), are continuing on a strong growth track with 64.1 per
    479 words
  • Article
    MUI need not offer cash
    515 14 THE last-minute attempt by Goodwood Park Hotel's chairman, Khoo Teck Puat, to get Malayan United Industries (MUI) to offer its subsidiary. Glen Holdings, a cash alternative has failed. Promptly responding to a dispute between these two parties, the Securities Industry Council (SIC) yesterday ruled that
    515 words
  • Article
    LONDON STOCKS
    828 14 LONDON, Tues. The market was easier on balance in slow trading today and at 3pm, the Financial Times Index was down 2.3 points at 526.2. Dealers said there was little follow through to yesterday's advance and this prompted a little profit-taking. Government bonds showed falls of up to
    828 words
  • Article, Illustration
    Lock icon A losing battle
    556 14 §SiKXSCL®® by HOCK LOCK SIEW IT WAS (airly obvious right from the start that Khoo Teck Puat (KTP) was fighting a losing battle when he demanded a cash alternative of $8.60 from Malayan United Industries (MUI) for each share held in Ming Court Hotel (MC) and Hotel
    by HOCK LOCK SIEW  -  556 words
  • Article
    Lock icon DOW JONES MIXED
    100 14 AP NEW YORK, Tues. The stock market was mixed this morning, unable to extend Monday's advance. The Dow Jones average of 30 industrials slipped 2.09 points to 943.78 in the first half hour. Gainers held a slight lead over losers. The market got off to a strong
    AP  -  100 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      120 14 NOTICE Ttw announcement apceers as a matter oI record only SIGMA METAL COMPANY LIMITED (Incorporated r the RapuMc of &ngaoore) Rights Issu* of 6357,143 Shares of $1.00 Each at Par Managed and Underwritten by Singapore International Merchant Bankers Limited The few lowing also participated In the underwriting Singapore-Japan Merchant Bank
      120 words
    • Advertisement
      Page 14 Advertisements Column 2
      188 14 Spanish Trade Industrial Fair For Asean 1981 SEPTEMBER 4-11,1981 JAKARTA FAIR GROUNDS-APHJ JAKARTA i. a I h Here's Your Chance To Do Business With Spanish Industries SPAIN 81 is the first industrial exhibition to be held in ASEAN. It features: 150 Spanish manufacturers 120 companies seeking agents Thousands of exhibits.
      188 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      59 14 tWEKTiHERI i Outlook for Singapore from 6am to lpm today: Mostly fair. Report tor 24 k«wa prtof to 7JI pm ra July 28 at the alrptrt. Maximum temperature 31.5 Associated humidity 67 Minimum temperature 25.6 Associated humidity 94 Hours of sunshine 7.35 Rainfall in millimetres Nil Total rainfall for the
      59 words
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  • SHIPPING TIMES
    • Article
      Manila increases stevedore rates
      196 15 THE Philippine Ports Authority (PPA) has granted Ocean Terminal Services Inc (OTSI) a provisional increase averaging 17 per cent in the restructured stevedoring rates at Manila's South Harbour. The increase granted to OTSI, the sole stevedoring firm at the South Harbour, will however be on a
      196 words
    • Article, Illustration
      "K" Line switching Singapore agency
      455 15  -  By JUNE LIM KAWASAKI Singapore Pte Ltd will be expanding its operations from next month when it takes over some of the operations of Kawasaki Kisen Kaisha ("K" Line) from Neptune Agencies. The "K" Line representative office in Singapore will assume the agency functions for
      455 words
    • PORTSIDES
      • Article
        IHI in Cochin
        84 15 THE Japanese firm, Isikawajima-harima Heavy Industries (IHI), has signed an agreement with the state-run shipyard at Cochin, South India, for technical collaboration in ship repairing activities. Reports said the agreement, signed at Cochin, provided for preparation of a detailed project report to achieve the yard's full-rated ship
        84 words
      • Article
        Lock icon Surcharge withdrawn
        34 15 Reuter THE Hongkong/Gulf of Aden and Red Sea Ports Conference said it withdrew a 15 per cent congestion surcharge on the port of Aqaba, effective yesterday, reflecting improved port conditions there. Reuter
        Reuter  -  34 words
      • Article
        Tenders for Hapag-Lloyd
        84 15 r HAP AG-Lloyd is understood to be studying tenders for the construstion of two cellular container ships ranging from 1,400 to 1,500 TEU capacity. The leading Japanese shipbuilders, together with European and South Korean yards are chasing the order. Delivery date is expected to be within three
        84 words
      • Article
        Export record
        35 15 EXPORTS from Napier Port, New Zealand, set an all-time high in May this year, recording a total tonnage of 123,772 tonnes. The previous highest monthly tonnage was 89,412 tonnes exported in May 1976.
        35 words
    • Article
      INDEX TO ADVERTISERS
      777 15 J 1 3 Pmge C*J Arhipelego vn Adriatic Cool vm 2 Aim VI 3 A/ro-Eurasu VI 2 Alfred CT vm i A)] trans vn 4 Alpac VI s Angkulan VI 4 Angonave V J Annan* vm 2 ANL i I Antoll vm i APL m 4/5 Arab
      777 words
    • Article
      SHIPS IN PORT
      327 16 ARRIVALS KEPPEL WHARVES Centaur (Passenger) (0900) 33/34 Cherry Sindia (1500 after Selamat Datang) 27 28 Equator n (after Kim Soon Li) 22 Jalamohan (1100 after Chang Hua) 31 32 Kota Bintang (0700) 10/11 Nedlloyd Sinoutskerk (0600) 3/4 Profesor Mirzejewski (after Taronga) 47 Straits Star (0600) 21 CONTAINER
      327 words
    • Article
      Container Schedules
      1062 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 Bunga Angsana 25NB 27.7.81 1500 Leo Shpg TA 4 TT Nordbay 08 B 27.7.81 0700 MOL TA 4 VC Bunga Dahlia
      1,062 words
    • Article
      LONDON FREIGHTS
      1427 16 FAIRLY active time-charter business on Monday featured an otherwise dull freight market with rates generally showing change, brokers said. Far Eastern operators secured a 27,000 tonner for delivery Japan for a Pacific round voyage and redelivery South Korea at US$6,OOO daily, while a 63,000 tonner with delivery Japan
      1,427 words
    • Article, Illustration
      ZIM KEELUNG IN YOKOHAMA
      224 17 ZIM Israel Navigation's newest container ship, the Zim Keelung, is arriving at Yokohama today, its first port of call on its maiden voyage in the company's Far East to US/Canada /Mediterranean service. The vessel is the first of three newbuildings which Zim is introducing in this
      224 words
    • Article
      Lock icon WEEKLY FREIGHTS
      600 17 AFP DESPITE Soviet grain chartering and prospects of a sharp increase in the coal trades between Australia and Japan, freight rates were slightly easier last week, with US/ Japan grains touching their lowest levels for 18 months. The feature of the market was the first order of grain
      AFP  -  600 words
    • Article
      Lock icon Amoco Cadiz oil spill may cost $175 million
      512 17 UPI TOTAL losses from the 1978 Amoco Cadiz oil spill that blackened 395 kilometres of French seacoast may be as much as USSI7S million without taking into account the unmeasurable wildlife and ecological damage, according to an expert study group. The group's
      UPI  -  512 words
    • Article
      SHIPPING EVENTS
      196 17 GALBRAITH Wrlghtsaa Uth mun la shipping July 18-August 7, Plymouth, Hampstead and London. Oftshare Marine Teehnslsgy exhibition and enferenee August 19-21, Gothenburg, Sweden. HyMyuala 1b ieeu engineering August 2428, Norwegian Hydrodynamic Laboratories, Trondheim, Norway. EagiMcriag far ra-r* September 7-11, University of Newcastle upon Tyne. A course for professional
      196 words
    • Article
      SHIPPING LIST
      419 22 CALABAR Galleon Emerald, Nigerian Nat., August 4. CALCUTTA Vishva Asha. SCI, August 11/12(PN).. CALLAO Ned Baltimore, Nedlloyd, July 31. Barber Toba, BBS, August 3. CAPETOWN Ned Sinoutskerk, Nedlloyd, July 29<PK). Yue Man, Afro-Eurasia, August 2. San Luis, ELMA, August 5. Ned Bounty, Nedlloyd, August 12. CEBU World Lion/finance,
      419 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      389 15 Everett Lines FOR THE MOST FIEQUE NT SAILINGS TO BANGKOK HONG KONG JAPAN BUS AN CHITTAGONG CALCUTTA CWALNA RANGOON BUENOS AIRES MANZANILLO ACAPULCO Everett Steamship Corpn. S/A Clifford Centre Singapore 1 Tel ***** 9 36 Beach Street Penang Rm 36 103 OCBC Bldg Tel 1441/3 Port Mang Agents SOCSHIP CO,BHD
      389 words
    • Advertisement
      Page 15 Advertisements Column 2
      215 15 EJSEALORDH UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE llJt acceptable in transit Dubai (6/8). Kuwait (8/8). Dammam 1 (12/8). Abu Dhabi (14/8). Doha (16/8). Bahrain (18/8) Dubai (16/8). Kuwait (18/8), Dammam fj (27/8). Abu Dhatx (29/8), Doha (30/8), Bahrain (31/8) Dubai (31/8), Kuwait
      215 words
    • Advertisement
      Page 15 Advertisements Column 3
      16 15 CONTAINER Schedules II SHIPS In Port II LONDON Freights 11/111 SHIPPING Events VIII REGIONAL Weather VIII
      16 words
    • Advertisement
      Page 15 Advertisements Column 4
      523 15 r "P\ SINGAPORE business VISj^FOR 1 I PEOPLE I»\WHO A MATTER Tmes PeroacaS PuC*catior MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. OULF, ATLANTIC, EAST CANADA, ASIAN PORTS Saled 2-3/1 1-5/1 IS-16/I 22-23/1 29-30/1 54/9 12-13/9 19-20/9 Stmgapore 4/1 11/« l«/« 25/1 1/9 1/9 15/9 22/9 S/10 •SJNGAPOtt CLOSMG
      523 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      820 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 Container Sirvicc To Eirope S port l) Mscilte 2) Rdam 3) H burg 4) Gtxiig feeder *P Kelang Vessel Sport 1) Mseifles 2)
      820 words
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      Page 16 Advertisements Column 2
      178 16 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA 31/7 1/1 VI M/S ■M 3/1 7 It 7/1 a/I vi a/i ivi 1/1 a/I WT MMMLS "BARBER TOBA" tm 2. "BARBER TSIT ft* V "BARBER NARA" ft* 17. "BARBER MEMNON" 22. I TO: PANAMA US ATLANTIC EAST CANADA US GULF
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      552 17 QCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT CONTAINERSHIP SERVICE FROM UK CONTINENT GUIF TRADE *Mm acop* carge to I rtm OM. Ommm M 31/7 M/S M/l ■VI 13/1 12/1 IS/0 12/t 22/1 23/1 24/1 10/9 13/9 2VI 13/J M/t •S/9 16/9 15/* 11/1 Mtoato 1 OM* STRAITS SHIPPING Singapore
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      Page 17 Advertisements Column 2
      468 17 A Franco Belgian Services A(p j•' hr,- ,ci ">< r•>< < /<. »<:n aj r isf, r»: I.iKt mutm t ROME It few* I'M* KWg rHa«aa Iwf Ita KWg rHnaa |-M» U Hot Spar* SjM h Part 15 Ami 1* AMg 29 A«g 71 AMg 73 Ami MEKATOi 5Mr llWr
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      579 18 |jC Hapag-Lloyd Lixpw Spore P Kelant H'bu'i Blmm Rdam Le Havre Brvmn Eiprtu Frs*lvt Express larp Bay "Aho acceptx* tr»mh*rwl carp tor CAMBBEANWTST NOKS na Hamburg Tomnomm T* HK S port P Kdanf Genoa Trieste On* IM 24/7 26/7 30/7 31/7 19/8 25/8 II aV.ldl 13/7 17/7 l/« 22/7 28/7
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      Page 18 Advertisements Column 2
      508 18 KOREA SHIPPING CORPN P. Kelang PENANG S PORE ALTAR 165E 7-11 Au| 12-14 Au| 15-18 Au FROM BUSAN BANGKOK ALTAR 166E 711 Auf 12-14 Au( 15 18 Auc TO BUSAN VEGA 162W 30- 1 Sep 2- 4 Sep 5-8 Sep FROM BUSAN BANGKOK VEGA 163E 30- 1 Sep 2- 4
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      Page 18 Advertisements Column 3
      548 18 r EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOU!HAMPTON. LONDON, MANCHESTER, BIRMINGHAM, BRISTOL, LIVERPOOL, GLASGOW, LEEDS ETC WEST GERMANY BREMERHAVEN. OSLO, STOCKHOLM, GOTHENBURG, AARHUS. COPENHAGEN HOLLAND AMSTERDAM M*l NMw Mm* Lt Hn imt vt 11/1 22/1 a/i »/i a/i a/i lm MU
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      Page 18 Advertisements Column 4
      729 18 Everett Lines Burmi Five Star Shipping Corpn. ■k "BURMESE NATIONAL LINE LOADMG FOR RANGOON wftaf m* Span Plaint rr mii» M VI to nut M IVM to BFSSC Aatntt r> Malaysia BOUSTEAD SHPHNG TtL NOS KL *****2/*****9 ArfMtMM 0, hnMMI Inter C»lKin«fll* SACIF w "ARGENTINE NATIONAL LINE" LOADBK FOR DURBAN
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      Page 18 Advertisements Column 5
      207 18 rwo.s.E. OCEAN SHIPPING ft ENTERPRISES PTE LTD. al SANKYO LINE JAPAN/STRAITS SERVICE Mom annum P KTUM warm m" I IM IB 4MM4 4*7* ibt m wmm ib *-»7M/v7»i mum nun i nuwor m 17m tom SUN UNION LINE KARACHI SERVICE SUNK PJtELANG POMNE LORD FOR 3-4/1 KAftACH r *irmmn7tmi7** Wf
      207 words
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      797 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) S'PORE COLOMBO HODEIDAH JEDDAH AQABA I COLOMBO I S'PORE 28-29/7 31-1/9 6-7/10 3-4/8 6-7/9 12-13/10 11-12/8 14-15/9 20-21/10 13-14/8 16-17/8 17-18/9 20-21/9 23-24/10 26-27/10 26-27/8 30-1/10 5-6/11 31-1/9 6-7/10 10-11/11 Accepting LCL Cargo to Colombo Aqaba. *FCL
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      Page 19 Advertisements Column 2
      813 19 BENLINE H CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE H BURG BHAVtN ROAM MArtff SO lON 10 EUMff T*nfcr ■m|i Mar* >i» Eiprtu fra*lwt (larnt larp 111 Pa—L'tiwn f"( Han BHawo Rtoi Havre UK Cfcarrrto|i 1/1 hm fifrau 25/1 27/1 21/1 M l 2VI f am* Ac* 4/1 lap lj) 1/1
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      Page 19 Advertisements Column 3
      569 19 I 'I B L Jr KrJ I R'l k B •V t i f. v ii l ,P to IMtofO UC Pmm| to. am m rmiwß DSVn?)*Wi; at at 1) Mo*ao StockMn. (Mo. Hrtsmlu 2) Copcahafon Aortars J) Bremer 4) Art«trp AiasterMc I* S) Bwcctou Gnu Bos* Bordeou. AU CI
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      Page 19 Advertisements Column 4
      591 19 ii BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION S AFRICA A. VESSEL Spore. Aug Also occepting FCL containers (looding direct for Reunion, Durban and Copetown only) Lines U.S. WEST COAST SERVICE ■tad tnm SfO IM SKM RM SBt/Tic VK ASHLEY LYKES SM SM 25/t 27/8 10/9 20/9 LESLI LYKES 3/9
      591 words
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      774 20 8 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA TO EUROPE C PAUL ?7W SaM In Port 10/8 17/S 21/8 22/8 2 CHANCE 4W 31/7 1/8 19/8 20/8 24/8 25/8 2 SS BfHOOE 32* 11* 8/8 26/8 27/8 31/8 1/9 kMa WON 14* 13/8 14/8 1/9
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      Page 20 Advertisements Column 2
      602 20 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lm*« tar LOS MGEUS, SAN HWKSCO. SUTTU TACOAA. iwaw >u»M fa/fa wm*i P MMH| >W< L Ax«n imur UN i«ta* 11 v* AUSTRALIA EXPRESS CONTAINER SERVICE Aetata* Fa/fa C«*taan •VBMVA BMRMNT "VBHW MMTA NEW ZEALAND SERVICE u*««tr an imuit*. bimik mxum hun >a/ra
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      Page 20 Advertisements Column 3
      685 20 y S A(ir(iui) SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 ARRETING *****2 13 LINES) GENERAL *****1 114 L INES) TERMINAL OFFICE *****83 LEX RS ***** RS 2SS6B A B CARSMIP CABLE CARGOSHIP figgl ltc<|iomil <]oiitniiicr Lines WEEKLY CONTAINER SERVICE to/from BANGKOK 1/2*4 1/4*4 11/14 M 15/11
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      Page 20 Advertisements Column 4
      557 20 KORINS MARITIME SERVICES E Room 601. ICB Building Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIODLf EAST/RED SEA/EUROPE SERVICES Shipping Co. Ud ASIA MERCHANT MARINE S'pore P.Kelang Loading for ASIA EEHO 31 W Damman BALDER HOPE 1 Auf Damman ASIA NO. 11 14 Auf D'man ASIA OHO
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      Page 20 Advertisements Column 5
      675 20 INTRASEA (PTE) LTD. Suite 2616 International Plaza Anson Ro Singapore 0207 Tel *****11 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK Vpara P. K«<m| fm| ANARGEL WISDOM lA* 4* 3 W (W BOLOMBC/RIMM/W (MOD/CIO BOLOUSNE/TTOAM/W (AVON) FULL CONTAINER WEST OOUND SERVICE A. FDELITV Wi11...... A. ENDEAVOUR WBII2 3 Ami Mfcfc/Unmo/irMln/ Hiwtaof/lMHfadM/JWhkj 20
      675 words
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      678 21 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE c' the ACE Consortium TO EUROPE/UK (VIA SUEZ): S'pore Sailed 31/7 7/8 13/8 17/8 21/8 24/8 P. Keunf In Port 1/8 8/8 t 14/8 18/8 22/8 26/8 C. PAUL 27W K. CHANCE 4W S.S. BMDGE 32* K. JACEWON 14N T* BUDGE 7W. N. JADf 3W
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      Page 21 Advertisements Column 2
      417 21 SMGAPORE 0207 TEL: 2223*20 KUANTAN *****519 PAS* GUDANG *****185 PERKAPALAN LAUTAN BIRU SDN. BHD. P O Box 220 KcX< KruOjtu Satxph REGULAR UNH SERVICE Sjbah Sjfiwjk Bangkok Sngapcxr Port Stag>pwt: SEALION SHIPPING (S) PTE. LTD. Tel: *****81 Tlx: ***** Pert KeUag: SEALION SHIPPING (M) SDN. BHD. Tel: 38-7754, 38-7479, 38-9851
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      Page 21 Advertisements Column 3
      750 21 4s SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SV6OV BUUNNG 55. Marfcet Street Saifapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SMSOV SM6APORE Telei Numbers RS ***** RS ***** RS 2510S P. KELANC POMNC M/S SHAWAT MM SOON SON. M>. IST AND 2NO FLOOR MSSK HAI TNONC SMTW 23
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      Page 21 Advertisements Column 4
      14 21 T\ CAMMI I IKir VriIVIITM Ull 1 BULK TIMBER PLYWOOD SERVICES ;-«v 5333E1 o»TTWTTT7iI
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      Page 22 Advertisements Column 1
      574 22 A. antoll lines Independent FCL Contamers/Hej»y Lifts Liner Service ta*cl 8 Is to *«U« Wtß (GIONG) STWtY BfctSßMt TASMANM Saf*nd SoCroM SrfTiia Sa aiand SoUßott ?El 15S/1W 16S/19N 17S/20W ISS/21N 19S/22N XT" Sept 3 Sept 20 Oct 3 Pwt KatanC 12 Am 21 Sept 7 Sept 24 Oct 7 MdiM»
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      Page 22 Advertisements Column 2
      701 22 1 \m OCEAN LINES REGULAR NON CONfERENCt SERVICES MEDITERRANEAN SEA SERVICE (Mm acceptmi carp lor AftU/Bowps/ComlMU. subfect to ndwceiMttt) S port P Heiw* Pen*n( lo*dn( to UNQUE CHALLENGE V.CRB 31 My Pert Sad/Aitiandria/Lenassal OCEAN GLOW V.13K8 15 A* OWNED VESSELS ■sb SAGASIA PTE LTD. RSfjl (LOUS OREYFUS GROUP OF COMPAMES)
      701 words
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      Page 22 Advertisements Column 3
      254 22 ft lOHORE SHIPPING Ltf 161 I*l AN TFNGKU BAOAR PORT Kf I ANG SEI ANGOR MAIAYSIA BINTULU CONTRACTORS SDN. BERHAD 37. f Rm4. Kucfcng, Sarawak. T«fc 20SM Tetei MM ***** Eipress Car-Carmr/AO-AO Service to East Malaysia MKTULU NO 1 V 11/Sl BMTULU NO 1 *12/11 BWTULU NO. 1 V:l3/ll BWTULU
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      Page 22 Advertisements Column 4
      362 22 SCgj SEABRIDGE AGENCIES 9A CRCULAR ROAD STORE 0104 TEL: *****4, *****6, *****8. ARABIAN GULF ROUTES STORE IK Ffl»:- m m KUWAIT. MM. 1 fat/20 fai DAMMN, KUWAIT REP SEA ROUTES STORE ADEN, HOOEDAH, EDOAH, AQABA, MOGADISCIO, 30 My/I fa| rati SUDAN. EAST AFRICA ROUTES STORE 90 My INDIAN OCEAN ROUTES
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      Page 22 Advertisements Column 5
      304 22 TITI SHIPPING TRADING SDN. BHD. (UNLOAD EXPRESS SERVICES TO EAST MALAYSIA AND BRUNEI.) ACCEPTWG HEAVYUFT UP TO 16 TONS SERVICES TO MM, KOTA KMABALUvot mo rmm pjbjnc dot r* •SRI LIMING •SRI LIMING GfHRAI AGINi TOT *UMK '1 8 i "Jfl Pt*l 111 3MC?t3MC9I in H)flOO« <*»*G*»OAD «*<« HI 34
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  • Page 22 Miscellaneous
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      Page 22 Miscellaneous Column 1
      173 22 1 Regional Weather r.a g Vh v m \v V °3 ,1 N v k&i fit: ■■<1 A p *?\U 8 AT imfpp. w^v; 3 5 ILl*. SIGNIFICANT WEATHER AND 8EA CONDITIONS AT 7.30 A.M. THIS MORNING. c cr* Wind direction with speed in knots Wave height LEGEND: R Thunderstorm
      173 words