The Business Times, 12 August 1981

Microfilm: NL11220
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, AUGUST «,I*Bl 60 CENTS
    10 words
  • Article
    MP calls for caution as others extol teamwork
    468 1  -  By SALMA KHALIK WHILE ministers and Members of Parliament attending National Day celebrations around the island yesterday spoke as one on the need for teamwork, Dr Augustine Tan called for caution. The one dissident voice in the group, the MP for Whampoa,
    468 words
  • Article
    Chairman, director resign from NISM
    116 1 MR CHUA Kim Yeow, president of the Development Rank of Singapore, has resigned as chairman and director of National Iron and Steel Mills (NISM). Mr Ho Pak Toe, general manager of the Urban Redevelopment Authority, has also resigned as a director of the company. Both
    116 words
  • Article
    Another tumble
    467 1  -  By CHRIS LIM SHARE prices took another hefty tumble yesterday and the 30-stock barometer of the market's performance, the Straits Times Industrial Index, was reduced by 26.44 points to 776.81. But there was no mad scramble and no panic to liquidate. The atmosphere at the Stock Exchange of
    467 words
  • Article, Illustration
    COOPERATION NEEDED
    358 1 IF SUPER-POWER Intrusion into the area is to be avoided, the cooperation that now exists between China and Asean countries must continue after the Vietnamese occupation of Kampuchea is ended. Speaking at a dinner at the Istana given in honour of visiting Chinese Premier Zhao Ziyang, Prime Minister
    358 words
  • BRIEFLY...
    • Article
      Lock icon Gold above US$400
      61 1 AP Reuter LONDON, Tues. The price of gold rose above US$4OO a troy ounce on London bullion markets today. Dealers fixed the metal at $401.00 in the afternoon, up from the $396.50 morning fixing and yesterday afternoon's $393.75 fix. In Zurich, the metal rose on afternoon short-covering
      AP; Reuter  -  61 words
    • Article
      Lock icon Negotiations resume
      71 1 Reuter WASHINGTON, Tues. Informal negotiations between the Professional Air Traffic Controllers Union and the US government have resumed, union officials said. Union president Robert Poli said his striking members could have the US system back to normal within 48 hours if the Reagan Administration were willing to negotiate
      Reuter  -  71 words
    • Article
      Lock icon Neutron warheads
      75 1 AP OXFORD, Tues. Mr Denis Healey, deputy leader of Britain's opposition Labour Party, today criticised Washington's decision to build neutron warheads, but reiterated his opposition to Labour's unilateral disarmament policy. "Russia is bound to respond (to Washington's move) either by producing neutron bombs for herself, or by retaliating
      AP  -  75 words
    • Article
      Lock icon Israel's dismay
      49 1 AFP JERUSALEM, Tues. An Israeli Foreign Ministry spokesman today expressed Israel's "dismay" at US President Ronald Reagan's decision yesterday to extend a suspension of F-16 fighter-bomber deliveries to Israel. The spokesman said the suspension was "a damaging and dangerous step which borders on breach of contract". AFP
      AFP  -  49 words
    • Article
      Lock icon Reactor contract
      62 1 Reuter JAKARTA, Tues. A West German company has overcome stiff competition from three other countries to clinch a deal to supply Indonesia's first full-scale nuclear research reactor. West German officials said the company, Cologne-based Interatom Internationale a subsidiary of Kraftwerk Union had been given a letter of intent
      Reuter  -  62 words
    • Article
      Lock icon Nuclear accidents
      78 1 AP BONN, Tues. An annual security report published today lists 201 accidents in West Germany's 17 nuclear power plants, five of them "of a special nature," including two with excessive radiation. About two thirds, or 133, occurred during electricity production, 27 per cent or 55 cases happened when
      AP  -  78 words
    • Article
      Lock icon Interest tax
      77 1 AFP HONGKONG, Tues. Hongkong's Financial Secretary John Bremridge promised today that he will hold talks with local and foreign bankers on the question of interest tax on foreign currency deposits. Speaking at the first annual dinner of the Hongkong Association of Banks, the new Financial Secretary said the
      AFP  -  77 words
  • Article
    Malaysia keeps watch on cement imports
    202 1 THE Malaysiaa Mlatotry sf Trade Mi bias*ry to heeplag dally aeeeaat of eemeat Imparts fram BagiMW to sake «are the Malaysiaa eemeat ladastry to aet adversely affected by the Imparts. Head sf the eafereemeat dfvtotoa, Hajl Nik BaUeh Nlh Mat, said vesterday he had
    202 words
  • Article
    Obstacles in way of Japanese investors
    430 1  -  By WONG AI KWEI THOUGH new investment commitments from Japan recovered in the first half of this year, Japanese businessmen in Singapore are saying that the outlook for further Japanese investment inflow for the remainder of 1961 may not be as promising. According to
    430 words
  • Article
    Fall of $103 m in bank deposits
    247 1 COMMERCIAL banks recorded a decrease of $103.5 million in total deposits for the month of June, the first decline in two years. Latest figures issued by the Department of Statistics show total deposits of banks at $17.94 billion in June against $18.04 billion
    247 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      238 1 11l iwm GROUP pre-tax profits at the United Overseas Bank rose by 65 per cent in the first half-year while those at Development Bank of Singapore and Industrial* and Commercial Bank grew by 94 per cent and 101 per cent respectively Page 14 JURONG Cement has announced a one-for-one bonus
      238 words
    • Advertisement
      Page 1 Advertisements Column 2
      31 1 I UNKNOWN CAR RENTAL COMPANY ABOLISHES MILEAGE CHARGES. At BTW. we only charge you for renting a car. Not for driving it. The car rental company you've never heard of. Ph0ne*****30.*****24.*****7.
      31 words
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      Page 1 Advertisements Column 3
      171 1 T) SINGAPORE r\v business rWIP who MATTER T*nes Ponodcc* Pubiecrt<xi k Mi. M.V4,W.WJ andtfaelßMDisfpiaywrater word processing system. V illi.iiiiHߥliii "ni I mm*, 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. Yet the
      171 words
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      410 2 m HlftffflilfffJll lllfllflllllllltf V..VW. I w ft? .'V .y. I r r ■V, ti I o •>** 'Vi'.'v:':•"*•: H 39 SB BEAUTY M AND THE BEAST BEAUTY: At a time when the family saloon appears to have entered an era of unprecedented ugliness, the BMW 323 i is a refreshing
      410 words
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  • TRADE AND INDUSTRY
    • Article, Illustration
      PUTTING PEN TO A $450,000 CONTRACT
      150 3 FAR East-Levingston Shipbuilding and Hoechst Singapore have signed a $450,000 contract for the delivery of a Messer Griesheim Omnimate 'C' PBOOO numerically-controlled flame cutting machine. The machine will be delivered in December 1961. Earlier this year, the shipyard acquired the licence to use the
      150 words
    • Article
      MEMO PAD
      362 3 SEMINARS AND COURSES Aug 3-20: 30th Building Construction Safety Supervisors Course, Cuppage Centre, NPB Aug 3-21: Supervisory Development Programme Module 2 The Supervisor and His Job, Cuppage Centre, NPB Aug 3-Sep 7: Microprocessors Module 1 8060 A, Cuppage Centre, NPB Aug 4-28: Basic Industrial Hydraulics, Cuppage Centre, NPB
      362 words
    • Article
      Thormid Graphic Machinery
      117 3 THORMID Graphic Machinery Pte Ltd, which was recently appointed sub-agent to sell and service Japanese-made printing machines in Singapore, is a Swiss-owned company and not British as reported in Business Times on July 14. Thormid is sub-agent to the British Knight Organisation to sell Komari printing machines
      117 words
    • Article
      Lunch talk
      41 3 THE president of the Marketing Institute of Singapore, Dr Gan See Khem, will speak on the Japanese management system at a luncheon talk organised by the Marketing Institute of Singapore on Aug 15 at Mandarin Hotel af 1.00 pm.
      41 words
    • Article
      TRADE TALK
      322 3 WHAT does a cosmetic company need when it is already enjoying a healthy growth in business and has built up a network of 60 franchise outlets and about 7,500 salesmen? "More business.... and a computer system to help in monitoring sales and in keeping tabs on inventory," said
      322 words
    • Article
      Le Printemps plans department store
      427 3  -  By SIOW LI SEN YET another foreign department store is planning to set up a shop here to take advantage of the Republic's image as a shoppers* paradise. This time it is the French. Le Printemps, which operates a chain of department stores in France,
      427 words
    • Article
      Diamonds as investments
      357 3 A BELGIAN diamond investment company is in Singapore to cater for the serious investor. Diamood Investors and Manufacturers of Antwerp recently appointed Diversified Investments as agent here. Mr Michael Dicks, divisional director for the Asean region, said Diamond Investors and Manufacturers offers a comprehensive service for the
      357 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      140 3 TAT Lee Finance has appointed Miss Agnes Waag Ai Mai as assistant manager of its organisation and methods department; Mr Ednaad K»k to senior manager and Mr Peter Lee to assistant manager in its hire purchase department; Mr Lim TMaa Pah to assistant manager of its loans
      140 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      192 3 L J| Constructor! the most logical storage system in the world of ever-increasing warehouse costs in Singapore. L 1 ri f, ■sBI 7? a-st V ir jtrrr L tw on m 0 I Di K ilifi M f -1 f The first electrically dnven mobile racking system at Lee Brothers
      192 words
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      Page 3 Advertisements Column 2
      154 3 >1 ssv j V rjr»p» mm+i r I is y t microfilm products. Exclusive Distributor Wywy Private Limited appointed by Bell Howell Bell Howell take pleasure in announcing the exclusive appointment of Wywy Private Limited as the distributor of Bell Howell microimages systems and equipment in Singapore. The Bell Howell
      154 words
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      Page 3 Advertisements Column 3
      3 3 Leader... ptge 8
      3 words
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  • RAW MATERIALS
    • Article
      RUBBER
      184 4 THE Singapore rubber market closed yesterday with prices slightly easier with August One RSS buyers quoted at 214.50 cents per kilo, down four cents from last Friday's close. Afternoon prices lost further ground on speculative selling and continued absence of buying support. In Kaal» Lamp**» dealers said profit-taking at
      184 words
    • Article
      WHEAT
      222 4 WHEAT futures in Chicago on Monday closed on the low end of a 12'/i US cent range, down 10'/« to 12'/« cents a bushel in revived trade. Sympathetic local long liquidation following declines in corn and soybeans touched off sell-stops at numerous levels during the session and accounted for
      222 words
    • Article
      RAS PRICES
      345 4 RAS price* In cents per kilo yesterday: (per kilo) Buyers Sellers tot 1 RS S prompt r.o.b. 212 00 2L3 00N lot 1 R.S.S. August 217 50 211.30 Int. 1 R.S.S September 231.S0 232 00 Int. 2 RSS 302.50 303 50N UK/Coat ***** *****N lot. 3 R.S.S. 197.00
      345 words
    • Article
      SSR and SMR
      97 4 NOON SSI It aad SMR prian ymt mrimr KAS iCvrm •■ran 1 1 MUI SSR 20 II In pattMl 198 00 JOIOON 101 00 JOSOON SSR SO (1-toa paiiM) 198.80 19&J0N I9M0 100 JON M1KLB SMRCV (l-Mapdfct) m so *****N 270-40 272-50 N SMK L d un
      97 words
    • Article
      Straits Tin
      73 4 THE STRAITS tin price In Penang yesterday held steady at M 553.74 a Idle, still within the IT A celling of $32.74 te $35.47, dealers said. The price was checked as It holds a high premium ever Lendes Metal Exchange, despite further support tram prominent hnyers, Japan, locally
      73 words
    • Article
      CLOSING PRICES
      32 4 Rubber: Aug 11 Singapore: Aug: 214.50 cents (down 4.00 cents) Malaysia: Sept: 253.00 cents (down 1.50 cents) Tin: M $33.74 per kilo (unchanged) Official offering: 212 tonnes (down 17 tonnes)
      32 words
    • Article
      Produce exchange
      172 4 CHINEBE Pradaee Exekuge, Singapore, cMag prices per lMkg yesterday. C«MHt ell: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers. Caprm: Mixed (loose) $72.75 buyers. Pepper: Muntok white pepper fob Asta NLW $377.50 sellers, Sarawak white pepper taq fob
      172 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cettas yam: China Blue Phoenix 20s 2,345; 32s 2,800, 40b 2.980 (per bale of 400 lbs). Piece geeds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      SOYBEAN
      136 4 SOYBEAN futures in Chicago on Monday closed seven to 14 V 4 US cents a bushel lower. Steady local long liquidation in reaction to cash market weakness dropped prices for sharp losses from the start. Persisting favourable US bean-crop conditions placed additional pressure on new crop, traders said. The
      136 words
    • Article
      RICE
      324 4 SINGAPORE: Yesterday's closing prices in S$ 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-auper 0.78, Special
      324 words
    • Article
      LONDON MARKETS
      829 4 COFFEE: Robusta coffee futures yesterday firmed to finish near the highs at midday, especialy for nearby Sep which is becoming subject to supply tightness, traders said. Midday prices were between £35 and £25 up on the day in a quiet 1,663 lot turnover including 33 options and 281
      829 words
    • Article
      PALM OIL
      116 4 THE Kuala Lumpur, the market was steady yesterday on late buying in fairly active trading, dealers said. In the central region, August and September were traded unchanged at M 5902.50 and $882.50 a tonne respectively while October gained 15 to $877.50. The refined market was featureless on lack
      116 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      388 4 m The BGV Group Professional Executive Recruitment Services A prestigious U.S. multi-national corporation manufacturing and marketing a high precision consumer product, has an opportunity for a: CONTROLLER FAR EAST OPERATIONS LOCATION: MANILA, PHILIPPINES The Controller, a key member of the regional management team, will be responsible for all financial control,
      388 words
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  • OVERSEAS
    • Article
      Lock icon IMF chief sees difficulties for poor nations
      439 5 AP FAILURE of industrial countries to restrain inflatipn will make the world's poor countries poorer, with "profound social and political consequences." This was the gist of a speech made by Mr Jacques de Larosiere, managing director of the International Monetary Fund (IMF), on
      AP  -  439 words
    • Article
      Malaysia hits out at tin consumers
      680 5 MALAYSIAN Primary Industries Minister Datuk Paul Leong has warned major tin consuming countries, particularly the US, that their uncompromising stand against producer countries could undermine the International Tin Agreement (ITA). Speaking at a resourcebased industries seminar in Kuala Lumpur, he said: "Certain major consuming
      680 words
    • Article
      Lock icon SOVIETS ACCUSE U.S.
      277 5 Reuter THE SOVIET government newspaper Izvestia has accused the United States of trying to block development of Siberia's vast gas resources and prevent the conclusion of a major gas deal with Western European countries. The paper's Bonn correspondent said Washington used last month's Ottawa summit of Western
      Reuter  -  277 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      709 5 I I II ARRIVALS Service Local Operator Number Time From PAA PA005 0010 NYC/SFOHKG MAS MH601 0630 KUL SIA SQ101 0815 KUL MAS MH811 0615 PEN MAS MH671 0845 KUL RBA BI421 0930 BWN MAS MH680 0940 BKI/MYY/KCH MAS MH651 1000 PEN/KUL SIA SQ201 1000 HLP CPA
      709 words
    • Article
      Lock icon Malaysian banks to be stricter with loans
      191 5 Reuter MALAYSIAN berrewers will (tee far mere stringent credit ippiilMh as beaks grew aete caatieaa la the face tt ecwle aaeertaiattes, Beak Bemlpatra general maaager Hhimnifla All ■aid yesterday. He teld a iisilmr w WWW basei ladastrtes la Kaala Lemper that prospective berrswers
      Reuter  -  191 words
    • Article
      Lock icon Asian borrowers get cheaper loans
      741 5 BANKS GIVING BETTER TERMS Reuter THE TERMS offered to Asian borrowers for multimillion dollar commercial credits are improving from week to week as banks fight to lend in what is acknowledged as the world's fastest growth area. Bankers in Hongkong said yesterday that a Malaysian
      Reuter  -  741 words
    • Article
      Lock icon M'sia to promote trade with China
      400 6 AFP MALAYSIA will open a trade office in Beijing next year to promote direct trade with China. Malaysian Minister of Trade and Industry, Tengku Ahmad Rithauddeen, said yesterday that the office would be part of the Malaysian embassy in Beijing. He was speaking to
      AFP  -  400 words
    • Article
      Lock icon ARMY MAN POSTPONES U.S. VISIT
      90 6 UPI THE DEPUTY chief of the People's Liberation Army, Mr Liu Huaqing, who was originally expected to visit the US this month to discuss possible arms purchases, will not make the visit until September, diplomats said yesterday. In June, Secretary of State Alexander Haig said
      UPI  -  90 words
    • Article
      Lock icon Neutron bombs for Europe
      304 6 AP US DEFENCE Secretary Caspar Weinberger said on Monday that neutron weapons stockpiled in the United States could be delivered to troops in Europe in the event o( a crisis "only a few hours" after allies agree to accept them. The United States, therefore, will not
      AP  -  304 words
    • Article
      Lock icon KL wants companies to bring in higher technology
      185 6 AFP MALAYSIAN Trade and ■Wastry Minister Tcogka Ahmad Blthaaddeea yesterday called sa rampart—thai have ieag established themselves la Malaysia la latrsdaee higher teehaslsgy lata their maaafaetarlag aperattsas. Be sail IMb la expected aa the eaaatry la new praeeedlag lata iacreaatag aapkistteattea la
      AFP  -  185 words
    • Article
      Lock icon European airports hit by US strike
      411 6 Reuter THOUSANDS of passengers were stranded for hours at European airports yesterday, waiting for flights to the United States because of the disruption caused by striking air traffic controllers in America. British Airways (BA). one of the largest international airline, cancelled half its trans-Atlantic
      Reuter  -  411 words
    • Article
      Lock icon MEETING IN GENEVA
      253 6 Reuter THE ORGANISATION of Petroleum Exporting Countries (Opec) Secretariat yesterday confirmed that Opec Oil Ministers will meet in Geneva on August 19. Spokesmen at several of the 13 member states had earlier said such a meeting would be held to consider the current surplus in the world
      Reuter  -  253 words
    • WORLD IN BRIEF
      • Article
        Lock icon THE BIONIC BRIEFCASE
        458 6 Agencies A BUSINESSMAN'S best friend is his briefcase, especially if it can detect poison vapours, electronic bugging devices and blind assailants with a light beam. The "bionic briefcase" by Communications Control Systems of the US also features an electronic transmitter that can help track a kidnapped executive,
        Agencies  -  458 words
    • Article
      Lock icon Prem makes his move against Kriangsak
      388 6 Reuter I THAI Prime Minister Prem Tlnsulanonda yesterday chose a trusted General to succeed him as army Comtaander-in-Chief in an apparent move to strengthen his military support against political rival General Kriangsak Chomanan. A royal decree appointed deputy army chief General Prayuth Charumanee as
      Reuter  -  388 words
    • Article
      Lock icon US delays delivery of warplanes to Israel
      205 6 UPI THE UNITED States has held back the delivery of six warp Lanes to Israel this week as part of an overall suspension of such deliveries. White House sources on Monday confirmed an NBC news report that two F-15 warp Lanes will be
      UPI  -  205 words
    • Article
      Lock icon TAIWAN SURPLUS
      184 6 AP TAIWAN registered a trade surplus of U*****.7 million in July, compared with a deficit of $196.1 million for the same month a year ago. Economic officials said last month alone, Taiwan's exports and imports totalled $3.60 billion, an increase of $61.8 million or 1.8 per cent from
      AP  -  184 words
    • Article
      Lock icon Indonesia involved in hotel dispute
      195 6 Reuter THE INDONESIAN government has agreed to go to arbitration in a dispute with a Hongkong-based company whose hotel is Jakarta wsa'taken over by the army a' year ago. The company's chairman, Mr T K Tan, said his compa- < ny, PT Amco Indonesia, >
      Reuter  -  195 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      192 5 "The quality, variety andpresentation of food mas in a class unmatched by anything in other hotels? Frank G. Gut Managing Director Norsk Hydro (Far East) Ltd The plaudits of our patrons is evidence of our claim to have not only the best restaurants in Singapore, but to be the best
      192 words
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      Page 6 Advertisements Column 1
      209 6 •V?*. 'W' im, TV *,T ■&*<«. H v %k* I SppSSfr m .x--!SBF B '.."-.r I Wm i^-cz MS- sr&SS 2. Krai m>g mm v">v r-4: V .<" £G rm -4^cm mm 'sCV.' wTj »"9 af ■> si .>;•, Once upon a time there was a small international airline, with
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      Page 6 Advertisements Column 2
      194 6 KTM.vju.vis KHann Bnlty Hahm Far Wide Appficatioa ■T W.l I<\li'-jTalT'l'! ai". ll'Y OM ft* VJMS fOnvt Smart :i n m a> T'.VaritikS^iT MODEL E7lOO, E7200 T w I I I 11 I MODEL DlOO imx* r» tfrJO y V r 9 KTM makM ad typM of Ml VatvM From the
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      271 7 mm J vJ cr. t I j A N ■*>» >v 0 <■". JS-S HqU a AM f vc Ife L Us\V 1!,« oi: ItiNmij '■■Mm LHXiid-L lU&vxstiUl Kl^xnlrffl j" wsf mhl \iatulviaauju: LtiHiWi dLKm^ittQ^. -ilia sjtoam 9 urious in motoring, gine. Aj,i.ii OJA&IU ite ijUuiill* lA&flUtt limu-v diu&fi? \xtibfi?iEEßj
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  • Article
    Department stores taking up too much labour
    478 8 FIRST THEY came from Japan, then Hongkong and Australia, and now from France. If it continues this way, the shopping scene in Singapore will soon be dominated by department stores of foreign origin. Singapore's image as a shoppers' paradise will be further boosted
    478 words
  • Article
    Lock icon Major search for uranium
    728 8  -  By TOSHIO KOJIMA Reuter JAPAN has launched a major search for uranium in Australia, Africa and North America to feed its nuclear power reactors and reduce the country's dependence on oil for energy. The hunt is a part of the effort by Japan, the third biggest
    Reuter  -  728 words
  • Article
    Lock icon THE AMERICAN DOLLAR PINCH
    492 8  -  By MARGARET ROGG NYT THE AUSTRIAN mission in the United Nations is trying to cut back on overseas phone calls. So is the West German mission. The French information office is going to be doing less entertaining, and a Japanese diplomat will probably take a shorter
    NYT  -  492 words
  • Article
    The culprits in a bear market
    163 8  -  Letters to the Editor N O K Dew Sir, I refer to the recent spate of letters moaning and groaning about the recent bear raid on the local stock market. What is amusing is to blame the fall on so-called "evil forces" and "short-sell-ers".
    163 words
  • Article
    The campaign against short-sellers
    146 8 Dear Sir, I refer to your article "Bid to inspect accounts of broking firms" of Aug 5, 1961. Please convey our support to the Public Accountant for volunteering to "help guard against the short-selling raids of syndicates". We were wondering what the SES was doing so
    146 words
  • Article
    SAP — is it the best way?
    206 8 SAP is it the best way? WOULD yon eoaalder Mudla* y*or mi or daughter to SAP (Special Assistance Plaa) School? If yea are faced with sack a decision, II may be aaefal to watch tke programme "SAP The Beat Of DM* WmrUg" (Ch i, lritpm). Yaag Tae Kmb is the
    206 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      198 8 nl9Bl 8 I JAKARTA *1 A sfc&S v n JSP? ;3» 8 Us--- -m *:a s v* I IK A ir A a 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
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1246 8 TV&RADIO SINGAPORE 5 3.00 PM Opening folowed by The Younr And The Restless 3.25 Destiny (r) 5.00 Diary Of Events (Malay) 5.05 New Ed Men Show 5.25 Off The Beaten Track 6.15 News (English) 6.25 Ritter's Cove Fight Fire With Fire 6.50 Northern Elephant Seals 7.05 Choosing A Seconday School
      1,246 words
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  • Article, Illustration
    Lock icon Profitable tide of offshore construction
    731 9  -  By ANDREW FISHER FT THESE are heady times in the offshore construction world though, as in most other marine sectors, it is the Japanese and South Koreans who are making much of the running. Even the more cautious observers reckon that offshore building work will
    FT  -  731 words
  • Article, Illustration
    Lock icon COSTLY DRILL
    1081 9  -  By RAY DAFTER FT WELL out in the depths of the North Sea, some 160 km northeast of Aberdeen in Scotland, the Western Pacesetter 111 drilling rig is nearing the end of a secret and expensive exploration mission. It is a secret because the charterers, Shell and Esso,
    FT; Source: Hymes Tool Company, Merill Lynch, Fierce and Smith  -  1,081 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      163 9 Haveyoua foreign exchange requrement? W> have the capability The Australia and New Zealand Banking Group Limited. The ANZ Bank is the leading Australian bank in South East Asia for foreign exchange dealings in all major currencies, and is the acknowledged leader for transactions involving Australian and New Zealand dollars. The
      163 words
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      Page 9 Advertisements Column 2
      459 9 THE DEVELOPMENT BANK OF SINGAPORE LIMITED (Incorporated in Republic of Singapore) 1 Results for the six months ended 30 June 1981 The Board of Directors of The Development Bank of Singapore Limited is pleased to an nou nee that the unaudited resu Its of the Bank and the Group for
      459 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        263 10 AUG 10 Fr» CORBEILLE Air-Liquids 488 unch B S N Oervals Danone 1070 C S F (ThomaonC»f) 214 -2 Cle Francalae des Petroles 124 >3 Comp&gnlt Flnanclere Compagnle 15 Oeneraie 261 90 Credit Foncler De France 328 ♦7 Hachette (Llbralrle) 280 unch Machines Bull 35.45 -0.85 Mlchelln (B) 850
        263 words
      • Article
        Frankfurt
        216 10 AUG 10 Dm Aef-Telefunken 5100 -05 Akao I,. 23 10B 0J Alls Leben Alls Ven I! 455 00 -2 BASF 146 OOB Bay H T WbaJlk 179-00 -4 Bay Vbank ***** Bayer 127 00 BBC 271 00 -2 BMW 187 50 Cassella 285 00 5 Chem Verw 257 00
        216 words
      • Article
        Brussels
        91 10 AUO 10 Pn FORWARD MARKET 273 -5 Arbed 1044 ypfh Astur 400 Brtsctn 1254 -t Bm-Umb 1102 -6 Ctnp&c 1960 -96 Cock 146 -2 De Been 316 .3 1200 -6 Electrobel 2740 -106 Gt>-Inno-Bm 1910 •to Qev 1310 unch Hobok 2475 unch Petro 4270 70 Ryl Dutch 1566 10
        91 words
      • Article
        Zurich
        177 10 AUG 10 Francs Actions Sulsaes Alusulsse Br Alusuisae Ret Brown Boverl Br Clba 0«lrr Br Clba Oet«y PCClba Oelcr Credit Suisse Br Credit Suisse Re« EleklrowaU Br Ocort* Fischer Br Globus Pc 255 MO *1 1300 1275 MO 514 2105 301 3000 005 MSB 2000B unch -t 5 -5
        177 words
      • Article
        Amsterdam
        182 10 AUG 10 Fls abn 307 50 05 Ahold 70 90 -0.4 Akto MM 0.5 AMEV rjso 0.6 Am fas MOO unch Amrobnk 52.90 -0.7 Bergoss 25 OOB B*rk ♦3.00 •0.1 Bots 81 TO -02 BorsumlJ 171-50 2.5 Burhminn 52.00 -03 CaJand 38 80 0.4 Calve Delft 202.60 Dell Mlj
        182 words
      • Article
        Milan
        97 10 AUG 10 Lin Anlc Aimt 0»n I *****0 -2000 Buu>r Central* 87S0 -250 rut 18(0 -45 r\n**l»T SI uneh Cl«n Immob 1780 -10 IF1 Prl m -96 ItaJccmenu ***** -600 I taiga* Ml -7 ItalaMer M0 -I Ma«neu M Pf 730 -t Manrili Ere 3USD Med toe *****0 -2325
        97 words
      • Article
        TORONTO
        206 10 AUG 10 C$ AbtUM Alcan 31*1 Alfom» ♦41 Bank Mont Bank No*m Scotia unch Bell Tel ia Beth Corp BP Can Lid sai 4* Braacan H Camp Red Ukt »Vi W Can Imp Bk 27h -Ifc Can par il<t -ll Can par In* Pf Carllnc OXeefe €1% Comlnco unch
        206 words
      • Article
        JOHANNESBURG
        303 10 AUG 10 Rand INDUSTRIALS A Alpha Abercom AE And CI AMIC Barlows C% Su*ar CNA Currte Flnanc* D* Been Ind Edeon 430 410 830 2725 1000 1725 510 230 ***** 855B ***** 10 5 unch unch 5 unch -m unch unch Ewmd; rxi voik Fugit Oardlan O tenant Ormtcmn
        303 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      158 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. DOtPtiN CAFETERIA Ist. Floor, World Trade Centre. Tel: *****11/2 oV.\«Set in traditional Chinese decor, JJI a MEISAN SZECHUAN RESTAURANT exudes an
      158 words
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      Page 10 Advertisements Column 2
      108 10 For banquets. For conventions. For other functions of flawless finesse. Functions for up to 2SO guests International menus to choose from Complete range of audio visual equipment Ample parking space Jfk® rnliin 1 'jii-k Slmtiiloii Nassim Hill Smgaoore 1025 Tel *****77 Operated Dy ANA HOTELS INTERNATIONAL v\l« A vrA tJ
      108 words
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      Page 10 Advertisements Column 3
      197 10 ;[+$*("[~`!?).=|<_\</,".$$(-]_{ Feast like an emperor at Chinatown 9 5 "3 10 r 4 i Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at The Chinatown, we serve Szechuan specialties Name your favourites Or ask for our recommendations Then be treated to
      197 words
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      Page 10 Advertisements Column 4
      149 10 QQGGO m 4/ Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. HUDN MTWNATNWMi SMGAPORfc Where The World 1m At Home
      149 words
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      Page 10 Advertisements Column 5
      98 10 the Cockpit Hold, its are the my fincif. -v-"* Oxley Ree/Pemq| Red, Sinppa* (TO. T* 757*111 (XTfaM) restaurant Try our sumptuous delicacies from the Hunan Province. An Oriental dining experience. Business Hours: Daily 11.30 am— 2.30 pm 6.30 pm 10.30 pm Orccfife CVj 214 Dunearn Road. Singapore 1129 Tel: *****49.*****22
      98 words
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  • BANKING AND FINANCE
    • Article
      GOLD
      216 11 SINGAPORE gold futures yesterday closed generally easier compared with last Friday's close in featureless trading, dealers said. Total sales for the day was recorded at 11 lots while kerb volume at 41 lots and prompt closed weaker at U*****.50/398.50 an ounce against 399.50/ 402.00 last Friday, October at 406.50/409.00
      216 words
    • Article
      Silver quotes
      29 11 New York 8.60B unav 8.80S Zurich 8.45B 8 65S MM Singapore low 8.55B closed 8.7SS Closing prices in US dollars a troy ounce. Source: Credit Suisse, S'pore
      29 words
    • Article
      TOKYO
      114 11 THE US dollar for overnight delivery yesterday closed firmer at 237.65 yen compared with a 236.80 opening here, a 236.45/65 closing in New York overnight and a 237.00 finish here on Monday, dealers said. Trading volume was a fairly active US$l.O2 billion. The Bank of Japan sold a small
      114 words
    • Article
      London
      30 11 Opening quotes yesterday US -1.7710/20 Can 2.1916/42 Cross 1.2372/75 D Mk 4.5412/55 D F1 5.0485/551 S Fr 3.8975/9020 B FY (con) 74.45/57 F Fr 10.9035/185 Lit 2245.35/2251.00 Yen 419.38/420.15
      30 words
    • Article
      HONGKONG
      168 11 THE US dollar was higher yesterday after buying in Europe, mainly on political considerations over Poland which took the mark down and with it most major currencies. However, the local currency recovered two cents, dealers said. The HK unit, which threatened to breach the US$6 to $1 level all
      168 words
    • Article
      Discount
      50 11 RANGE at prices offered by discount houses on Aug 11: Overnight: JK to Call deposits: S'/i% to 6 J 4% Cloaiag Bay tag SellUg 3-month Treasury bills 89/16 87/16 3-month Bank bills 12W 12W 3 months CO 11* 11H 6 months CD 125/16 12 3/16 Source: National Discount Co
      50 words
    • Article
      Singapore market
      484 11 THE US dollar yesterday closed mixed against major currencies compared with overnight New York levels after opening higher against most major currencies except the yen. Concern about developments in Poland and commercial buying of dollars in other financial centres contributed to the firm opening of the US dollar.
      484 words
    • Article
      NEW YORK STOCKS
      820 11 AUG 10 US* ACF Industries Addreaaograph Airco Inc Akin Alum In Allegheny Lud Allied Chem Cp Allied Stores Allls-Chalmers Alumhqo Amer Am Airlines Am Brmnds Inc Am Broadcast Am Can Co Am Cysuiamtd Am Dec Pwr Am Express Am Home Prod Am Motors Cp Am Natural Oas
      820 words
    • Article
      PLR
      22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.27 per cent.
      22 words
    • Article
      PRIME CUT
      136 11 FOUR more banks have cut their prime lending rates. OCBC is reducing its PLR from 13V« per cent to 13 v; per cent, OUB from 14 to 13 per cent, HSBC from 14 V* to 13 Vi per cent and ABN from 14V« to 14V4. Savings rates at
      136 words
    • Article
      ASIAN $
      179 11 ASIAN ASIAN currency deposit Interbank rates as at close on Aug 11. US D«fl*»<8aot) Offer Bxl 7 days 18W 18H 1 month 1813/*****1/16 2 months 1813/*****1/16 3 months 18 13/16 1811/16 6 months 18* 18* 9 months 18* 18 12 months 17 15/16 17 13/16 8W.PT*. DM 1 month 3
      179 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      133 11 h s \1 V Come and experience good German homecooldng at the BAROFPs TABLE. From 3rd to 15th August Chef Pfister will don his grandmother's apron and present a whole range of appetising and wholesome homecooked food HAUSMANNSKOST hearty typical German fare,the way Grandmother used to cook it For lunch
      133 words
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      Page 11 Advertisements Column 2
      126 11 lIH m m fj nmit m |lir CHUNG KHIAW BANK LTD II V I INCORPORATED M THE REPUBLIC OF SINGAPORE) ANNOUNCEMENT To ALL SHAREHOLDERS NOTICE IS HEREBY GIVEN that an Interim Dividend of 6%, less 40% Malaysian Income Tax, on the issued ordinary share capital of 5575,000,000 of the Company
      126 words
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      Page 11 Advertisements Column 3
      750 11 <=L MM UNITED OVERSEAS BANK LTD II I I incorporated r>j the republic op simgaporei ANNOUNCEMENT To:ALL SHAREHOLDERS INTERIM RESULTS FOR SIX MONTHS ENDED 30 June, 1981 The Directors are pleased to announce that the unaudited results for the six months ended 30 June, 1981 of United Overseas Bank Limited
      750 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1654 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 Acma (3-246) (1)
    1,654 words
  • Article
    Unit trusts
    178 12 SINGAPORE UNIT TRUST DIAMOND MOT STORK The Commerce The Saving* Fund S'pore Prof Fund S pore Sec. Fund S'pore Invest Fund S'pore Equity Fund 1.92 2.02 Ml lit 118 2 29xd 1 13 1.11 1.42 1.49 i waaaf pneaa mw mm Diamond S pore Fd USIO.91 0.9S 199
    178 words
  • Article
    SHARE INFORMATION SERVICE
    2746 12 Gr'» Gr'» Net 1980 Last Div Div YTd P/E Vol Day High Low CoMpujr Sale +or- Crr COOO) 1 High Low 8ECTION ONE INDUSTRIAL COMMERCIAL 494 300 Acma 322 -4 14.5 3 3 45 115 2 326 322 Alcom 300 10.0 2.0 33 25.0 350 130 Allied
    2,746 words
  • Article
    In Kuala Lumpur
    2045 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. INDUSTBIAI4 /Una <3.(85) 3« (5) 3 88 3.90 (2) 3 92 (5)
    2,045 words
  • Article
    COMPANY MEETINGS
    62 12 UNITED Malacca Rabber Estates Berbad: AGM to be held at 8H Jalan Panjang Malacca, Malaysia on August 12 at noon. INTERNATIONAL Weed Predicts limited: AGM to be held at 10 Penjuru Road, Singapore 2260 on August 18 at 11.30 am. AMCOL Electrical ladastries Limited: AGM to be held
    62 words
  • Article
    Share prices weaken across the board
    740 12 TEE STOCK market speaed ia a lethargic torn* yesterday after the Nattoaal Day celehrattoas aad prices weaheaed aereas the heard. Taraever was at eae sf It* lowest levels ef the year aad maay dreps were saffered •a ealy a few lata traded. Seme speealailve
    740 words
  • Article
    Sellers lower shares in KL
    582 12 SELLERS resumed their bold on the market and lowered share prices in all sectors at the Kuala Lumpur market yesterday. This came after a rather uncertain start on Monday with investors undecided. Turnover, however, fell by more than one-tenth to 3.93 million units worth M
    582 words
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  • COMPANY NEWS
    • Article
      IGB's shares get good response
      452 13 THE PUBLIC offer of 16.25 million shares by Ipoh Garden Berhad (IGB) was oversubscribed seven times. A total of 77,234 applications representing 128.84 million shares was received, involving an outlay of MslBo million. Balloting for the shares was conducted yesterday by the issuing house, Malaysian
      452 words
    • Article
      COMPANY BRIEFS
      247 13 THE STOCK Exchange of Singapore (SES) has lifted the suspension on trading in the shares of Malayan United Industries, G«»dwood Park Hntel, Hntel Malaysia and Ming Cnnrt lintel. Trading resumed from 10am yesterday. ARAB-Malaysian Development Bank Bhd, on behalf of Taiping Textiles Bhd, has informed the SES that
      247 words
    • Article
      Alcom reports M$1.39m loss
      330 13  -  By LOH YEE LIAM ALUMINIUM Company of Malaysia (Alcom) incurred a loss of MJ1.39 million for the first six months ended June 30, 1981. The loss is a major setback for the company, especially as it made a pretax profit of $1.49 million in the corresponding
      330 words
    • Article
      Net earnings of Killinghall leap
      206 13 A SIGNIFICANT rise in the output of tin concentrates and better profit margins boosted the mid-term earnings of Killinghall Tin (Malaysia). Interim results for the first six months to June 30, 1961 show after-tax profit up by more than threefold to M 53.15 million, compared
      206 words
    • Article
      Jim Raper back on board of St Piran
      332 13 MR JIM RAPER, the Far East financier who has been the subject of severe criticism by the City of London's regulatory bodies and the Department of Trade, has rejoined the board of St Piran, the controversial mining and property company currently fending
      332 words
    • Article
      DIVIDENDS ANNOUNCED
      392 13 Carreat Ex Seeks Date Tatal tar Tatal tar Paymeat Date Cleee PayaMe the year Prfrta— Alex HMga «*<b> NY A NY A NYA e* BSemh»wu| 30*<q) Jul 20 Jul 27 Aug 12 30* 30*(q) Berjiyt Kami 5*TE Aug 4 Aug 17 Sep 14 9*TE 13* TE C Pnpwflw
      392 words
    • Article
      SCRIP ISSUES
      328 13 Company Particulars Date Books Close Akwtn Proposed rights issue o(7 for 2 fe $1.00 per share NYA NYA Alei HMga Proposed bonus issue of 1 for 1 NYA NYA Rights issue of 1 for 3 fe 12.00 per share Aug 3 Aug 14 Bonus issue of 1 for
      328 words
  • ASIAN STOCKS
    • Article
      Hongkong stocks close weaker
      207 13 THE stock market's morning weakness yesterday accelerated in afternoon trading on heightened fears of a further increase in local prime rates on Friday. This follows the HK dollar's continued poor performance against the US dollar, dealers said. By the close, the Hang Seng index had fallen
      207 words
    • Article
      Sydney market rises
      277 13 ENCOURAGING news from the exploration front and the prospect of higher crude oil prices after next week's Opec meeting in Geneva helped the market post its fourth rise in succession. The All-Ordi-naries index finished 4.4 points up at 642.1 for a rise of 17.1 points since last
      277 words
    • Article
      Tokyo stocks firmer
      500 13 THE Tokyo stock market average yesterday gained 7.17 to close at a record 7,985.64, after touching 7,987.10 at the morning close, dealers said. It was the fourth consecutive day a new peak has been set. The Tokyo Stock Exchange Index added 0.59 to close at 601.85 in
      500 words
    • Article
      Manila
      86 13 AUO 11 Pesos 1 A Co J* Mining auu Con A Atlu Con. B. Bafuio OoM Benfuet Con. B BF Goodrich CDCP ooc Z 24 JO 0035 81 10.20 unch 0J -0 0002 unch -0.2 03 Ltptoto B Mannduque B Oriental B Phil Oveneas 1375 8 50 taa 031
      86 words
    • Article
      Bangkok
      53 13 STOCK prices yesterday closed mostly lower in the absence of buying support. AUO 11 Bahts Asia Fibre 116 -1 banfkok Bank Bank Of Ajrudhajra Ltd Charoonf Thai 2M 140 -2 -1 FjTTSHHHHHMii First Trust €TT5 Industrial Ftnanf> Cflfp ft Rama Tower 5350 Sthi Union 145 Slam Cement 180 United
      53 words
    • Article
      Selected indices
      56 13 FINANCIAL TIMES INDUSTRIALS Monday 543.8 Friday 5380 Week Ago 528.3 DOW JONES AVERAGE INDUSTRIALS Monday »43.88 Friday' M2.M Week Ago #46.25 H.K.HANG SENG Tuesday 1644.94 Monday 1683.82 Week Ago 1681 65 AUSTRALIAN INDUSTRIALS Tuesday 22? 2 Monday 225 2 Week Ago TO3- 2 ALL ORDINARIES Tuesday 2*2 2
      56 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      262 13 The Jag. VIP Wheels from WEARNES. Every business has its share of VIP guests. What better way of telling them they're important than by greeting them in a chauffeur driven Jag? Unless, of course, you'd prefer the thrill of driving one yourself. So next time you have a VIP guest,
      262 words
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      Page 13 Advertisements Column 2
      505 13 jfj* The winning seminar attended by more than 500 top executives from the public and private sectors in Malaysia and Singapore, and over 75,000 corporate executives, managers, civil service officials and professionals all over the world. The Art of Negotiating Conducted by: Mr. Gerard Nierenberg (the world's foremost expert) Jointly
      505 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      145 14 Rises Indices Veneer Prod 364 Falls M U I 1100 Selangor Dredg 535 Goodwood Park 1000 Hong Leong lad 1040 H Leong Credit 1240 PMC 1400 C Sugar* 1530 Sel Properties 880 Sjri Resins 500 Fed Cnbles 190 H Leon* Fin 885 Straits Trading 800 Spore Land 1130 OCBC
      145 words
    • Article, Illustration
      KUALA LUMPUR
      153 14 Falls Indices MUInd HLInd PMC 1290 1780 1550 -220 -170 -130 -no -110 -80 -55 -55 -52 BT Index: Industrials: Finance: Aug 10 *****7 1036.67 1603.85 Aug 11 *****1 1007.84 1550.38 HL Credit 1350 Hotels: 511.49 510.31 C Sugars S pore Land 1540 1200 Properties: Tins: 1076.58 432.22
      153 words
  • COMPANY BRIEFS
    • Article
      UNITED Pulp and Paper,
      66 14 the recently listed subsidiary of Paper Products (M), will be upgraded to the first trading section from next Monday. The company was admitted to the official list of the SES last October and started trading under the second trading section of the industrial and commercial sector.
      66 words
    • Article
      DATUK Cheong Jin Hoe
      27 14 has resigned as a director of bdutrial Oxygea bewporated BM while Mr Tan Keng Seng was appointed to the board on Aug 1.
      27 words
    • Article
      RAJA Khalid bin Raja Harun
      15 14 has been appointed a director erf New Sereadah Robber Company.
      15 words
  • Article
    Jurong Cement gives 1-for-1 bonus issue
    473 14 BARELY two years after obtaining a listing on the Stock Exchange of Singapore, Jurong Cement Ltd has announced its maiden bonus issue. The one-for-one bonus should be welcome news to its shareholders, although it comes as no surprise for many investors. Business Times columnist
    473 words
  • LATEST RESULTS
    • Article
      ROTHMANS of Pall Mall (Malaysia)
      133 14 has announced substantially improved group pre-tax profits of M 540.79 million ($23.89 million) for the year ended June 1981. Turnover amounted to $369.03 million (1333.76 million). The company said the improvements were due to more efficient production facilities, price increases and effective marketing strategies. At
      133 words
    • Article
      FEDERAL Cables, Wires and Metal Manufac- turing
      97 14 has reported a group loss of M 52.27 million for the half year to June 1981 (pre-tax profit of $2.43 million in previous corresonding period). Net sales for the period were also lower at $32.72 million ($45.61 million). But the company expects a
      97 words
    • Article
      GROUP pre-tax profits of General Securities In- vestments
      61 14 for the six months to June 1981 have risen to $2.67 million from the previous interim's $1.6 million. Profit after tax stood at $1.42 million ($826,000). As at June 1981, the consolidated net tangible assets totalled $137.16 million or $2.74 per share
      61 words
    • Article
      GROUP pre-tax profits of Town and City Proper- ties
      64 14 amounted to $1.98 mil- lion for the six months to June 1981 ($1.4 million for previous corresponding period). Group revenue amounted to $2.19 million ($1.69 million). The directors have recommended an interim dividend of 10 per cent less tax (6 per
      64 words
    • Article
      CENTRAL Properties
      59 14 group pre-tax profits for the six months to June 1981 improved to $4.46 million from $3.39 million in the previous corresponding period. Group revenue amounted to $4.72 million ($3.63 million). The interim dividend of 12 per cent less tax (8 per cent less tax) will be paid on
      59 words
    • Article
      HOTEL Malaysia's
      22 14 con- solidated pre-tax profits for the nine months to June 1981 amounted to $2.93 million. Aftertax profits were $1.53 million.
      22 words
    • Article
      MING Court Hotel
      34 14 made pre-tax profits of $6.07 million for the nine months to June 1981. Its after-tax profits amounted to $3.64 million. No com para tvie figures were available for both hotel companies.
      34 words
  • Article
    LONDON STOCKS
    785 14 LONDON, Tues. Prices rooe today on follow-through buying after yesterday's gains and selective purchasing by institutions though trading was moderate, dealers said. At 3pm, the Financial Times index was up 12.1 points at 555.9. Leading industrials saw gains of lOp in Blue Circle and ICI, while among firm
    785 words
  • Article
    Lock icon DOW JONES ADVANCES
    84 14 AP NEW YORK, Tues. The stock market advanced slightly this morning, aided by some signs of lower interest rates. The Dow Jones average of 30 industrials rose 1.62 points to 945.30 in the first half hour. Interest rates began to show some signs of declining. The closely
    AP  -  84 words
  • Article
    H Leong Holdings in bid to take over Hume Industries
    364 14 HONG Leaag Holdings (HLH), family haldlag cempaay sf the Hug Leaag graap, la m the psiat DMuttig a takeover Md sf between S W» mllltoa aad $3M mil»— far the eatire Issaed capital ef Hime ladutrtes (Far East). Trie te
    364 words
  • Article
    Higher earnings for three banks
    645 14  -  HHHH Companies Editor: Mano Sabnani By HSUNG BEE HWA LOCAL public-listed banks are living up to the expectations of shareholders as most of them have reaped bumper profits for the first half-year. Soon after Overseas Union Bank reported a 64 per cent jump in its
    645 words
  • Article
    Sime's Philippine venture
    329 14 SIME DARBY, long eager to establish a "meaningful presence" In the Philippines, is now planning a US$2OO million rubber plantation project in that country. At a recent press meeting in Manila, Tunku Dato Ahmad Yahaya, Joint group chief executive, said a team is now evaluating three or
    329 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      380 14 DYNAMIC MONEY GROWTH Ntv One Cm**) Gets 50 Per Cent Retm Oa Invested Capital Wildcatting in the oil patch can be as risky as wildcatting in the stock market, and a random search (or gushers is likely to be unprofitable in either place. However, there are companies in the oil
      380 words
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      Page 14 Advertisements Column 2
      356 14 SINGAPORE INSTITUTE OF MANAGEMENT MANAGEMENT DEVELOPMENT PROGRAMS DESIGN OF TRAINING SYSTEMS September 14 Si 15,1981 The objective of this course is to introduce participants to systematic methods of assessing training needs and cost-effective ways of training for results. At the end of the course, participants will be able to: define
      356 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      66 14 Outlook for Singapore from 6am to lpm today: Fair except for showers in a few areas from the late morning. Report for 24 hours prior to 7J9 pm on Aog 11 at the airport. Maximum temperature 33.0 Associated humidity Minimum temperature 26-9 Associated humidity Hours of sunshine 9 80 Rainfall
      66 words
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  • SHIPPING TIMES
    • Article
      Lock icon UN's plan to finance clearance of ships rejected
      183 15 UPI THE United Nations' plan to finance the clearance of 70 foreign ships trapped in the disputed Shatt al-Arab waterway has been rejected by Iran and Iraq, a senior UN official said. Former Swedish Prime Minister Olaf Palme visited Tehran and Baghdad
      UPI  -  183 words
    • Article, Illustration
      EAC-Knutsen starts feeder services
      546 15  -  By VONG NYAM MING NEW feeder services between Port Klang, Bangkok and Singapore have been introduced by the recently formed EAC-Knutsen Line to complement the company's service between the Pacific and Far East/Westem Australian ports. The feeder runs are made by a chartered vessel of 325
      546 words
    • PORTSIDES
      • Article
        Lock icon Lower CAFs
        146 15 AFP EIGHT freight conferences have carried out or will shortly implement reductions in the currency adjustment factor (CAFs) following the recent depreciation of the Japanese yen against the dollar, the Japanese Shipping and Trade News reported. Out of the eight conferences, five cartels have implemented reductions in the
        AFP  -  146 words
      • Article
        Lock icon Primrose stranded
        154 15 UPI THE captain of a freighter that ran aground in the Indian Ocean has cabled that "wild" people from a nearby island "carrying spears and arrows" have threatened the lives of his sailors, a Hongkong newspaper reported. The 31-member crew of the Panamanian-regis-tered Primrose has been stranded since
        UPI  -  154 words
      • Article
        Changing to ro-ro vessels
        72 15 THREE companies operating a liner trade between Northern Europe and Venezuela, Colombia, Central America and the Caribbean archipelago are planning to replace their conventional carrying tonnage. The service operated by Johnson Line, Finland Steamship Company and a Guatemalan line involves three ships. The study that has
        72 words
    • Article
      INDEX TO ADVERTISERS
      711 15 Shipping Line Page CM SWpptag LJat P»ge C«i Achipeiego Adriatic Coat Afea Afro-Eurasia Alfred CT All trans Alpar Angkutan Angooave Anhnng ANL An toll APL Arab Line Argentine Asia Merchant Atlas Line Austasia Line Australian Coot Bait-Orient Baltic Bangkok Coot Bangladesh Bank Line BBS Ben Line Ben
      711 words
    • Article
      SHIPS IN PORT
      308 16 ARRIVALS keppel WHARVES Anchan (1200) 47 Atrevida (2300) 6/7 Bunga Orkid (2000) 8/9 Bunga Seta war (0200) 45A Frotakobe (0600) 3/4 Kim Soon Li (after Equator) 22 Lumut (1300) 20 East New South Sea (hauls after Centaur sails) 15/16 Sagaland (1200 Group I 0/ board) 1/2 Sea
      308 words
    • Article
      Container Schedules
      894 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 Plata 2S 10.8.81 0700 Borneo TA 4 vc Bunga Dahlia 31B/32A 10.8.81 0700 Ned-EAC TA 4 T Takari II 243NB 10.8.81
      894 words
    • Article
      LONDON FREIGHTS
      1559 16 FREIGHT rates for grain chartering on Monday out o( j North America showed a slightly steadier trend for some fixtures with the higher level of US$7l paid for 52,000 54,000 tons from the US Gulf to Japan. The $32.35 paid from the j Gulf to China compared with
      1,559 words
    • Article
      Lock icon LONDON WEEKLY FREIGHTS
      627 17 AFP ACTIVITY remained depressed last week on the freights markets, with rates for several key grain routes easing further and bearish conditions affecting other sectors. Time-charter operations were somewhat subdued. Japanese were still the most active. Libya was also in the market. Otherwise, business was reported to
      AFP  -  627 words
    • Article
      Container for seafood
      165 17 A THERMO-INSULATED container which it is claimed can keep seafood and other such products fresh for many days without recourse to ice has been developed by the Stockholm firm of Airbox. With a volume of 68 litres, the container can hold 60-90 lbs of produce and has
      165 words
    • Article, Illustration
      Lock icon Hapag-Lloyd studies new ship orders
      1117 17 Lloyd's List AS containerisation continues in several trades, German group Hapag-Lloyd is studying which ships to order for the Red Sea, Persian Gulf, India Pakistan and Indonesian services. About six vessels could be needed in a £88-133 million investment programme over the next two or
      Lloyd's List  -  1,117 words
    • Article
      SHIPPING LIST
      515 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. Advanced dates are published at a maximum of three weeks. PN/PK Ship calls at Penang and Port
      515 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      367 15 Everett Lines FO« THE MOST FREQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHITTAGONG CALCUTTA •CHALNA Rangoon BUENOS AIRES MANZANILLO ACAPULCO Everett Steamship Corpn. S/A Clifford Centre Singapore 1 lei ***** 9 36 Beach Street Penang Rm 36 103 OCBC Bldg Tel ?1441 3 Port Kelang Agents SOCSHIP CO .BHD
      367 words
    • Advertisement
      Page 15 Advertisements Column 2
      262 15 OSEALORDH m. UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI PURPOSE SERVICES Mina Qaboos (30/8). Bahrain (2/9). Kuwait (5/9). h Dam mam (8/9). Dote (11/9). Abu DhaO (14/9). Outa (17/9) FULLY CONTAINERISED SERVICE Dubai (30/8). Kuwait 1/9). Dammam 3/9). Abu Dhabi 5/9). Doha 7/9) Bahrain 9/9) MHia Oabo<n (18/9) Ouba.
      262 words
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      Page 15 Advertisements Column 3
      833 15 FOR PEOPLE WHO MATTER MAERSK LINE EXPORT FULL CONTAINER SERVICES Kelanf Pen&ng Safcd Singapore |Longbe*ch|New York Philadelphia 'SINGAPORE aoswc TMES CY 11 Ai« 1200 HRS CFS 16 Aug 2*oo MRS TO: BELGIUM, HOLLAND. GERMANY, SCANDINAVIA, SWITZERLAND, AUSTRIA, FRANCE Feeder Veeael Port Kelang Penajig 15-16/1 29-30/1 12-13/9 26-27/9 10 11/10 24-25/10
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      874 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-0», MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** Container Service CONTAINER SERVICE Mm Accqito* fv. 1) Barcelona Owa. 2) Amsterdam, Antwerp. I Havre. Bilbao. Basle. I*. 3) Bremen Bremertiaven, Aarhus. Copenhafen, Helsinki
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      Page 16 Advertisements Column 2
      183 16 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA smurm tmm nm* Mata •21/1 *21/1 IVI *21/1 *i/n **/i» H/H Vll %/ll i/u •21/11 *21/11 *24/11 11/11 *22/11 21/11 14/1 21/1 2/W VII 11/11 21/11 n i t» KIT MWILV "BARBER MARA" 17. "BARBER MEMNON" *22 -BARBER PERSEUS" I "BARBER
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      870 17 OCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Contanershp Service To/From Bangkok KUMW KUMW Singapore to Sabah. Sarawak and Brunei Jto nan Mtl 14-15 h| IH9 A* 2122 ta, Acctpto Cargo Dm u fc-Pwl 12 Ami 13 A* 10-12 k* 13I* 14 13"M Au|
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      Page 17 Advertisements Column 2
      497 17 pfjQ Franco Belgian Services iF i Fit h'r, ,-h V»* t. /'< ,11 r/• r :v< r»: KQKM MCTON h Pwt 13 TRANSNORLD BUS 17 A* II OCX POO mediterraha ERCOU-UUM gret to europe pwi cowMßtay: SMGAPORE P. KQ.ANC It Hawt Mm MW| Bttom A'aerp MPwt 13 A* 3S* 4S*
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      Page 18 Advertisements Column 1
      555 18 TO MOUTH EUWft Eipmi Nwtw| Eiprrn EXPORTS "Mto *cceptifl( trinsit<<nent cargo tof CA*IBBEAN/*EST HOES <m Hamburg" TOMBXTOBWCA T* H* S pore P Genoa Trie! CkmlK D» U/. 13/8 y>'\ \*>l 15/1 17/1 22/1 4/9 Haatavi Eiprns Era* Lav* CarMgi* Bay Mawta Bit FKOM NOHTH-fUWPf HWI rtot «d*> L*JW.I n S
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      Page 18 Advertisements Column 2
      567 18 LINE KOREA S S P. Keian( PENANG STORE ALTAR 165E kurort 13-17 Aug 11-20 Am BANGKOK ALTAR 166E In Port 13-17 Au C 18-20 Auf TO BUSAH VEGA 162W 27-30 Aug 31- 2 Sep 3-5 S«p VEGA 163E 27-30 Aug 31- 2 Sep 3-5 Sep FROM BUS AN BANGKOK TOBUSAN
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      Page 18 Advertisements Column 3
      447 18 0 EVERGREEN LINE f FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTWG CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONOON, MANCHESTER, BIRMINGHAM. BRISTOL, LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BKMEMMN. OSLO. STOCKHOLM. GOTHENBURG. AARHUS, COPENHAGEN HOLLAND AMSTERDAM S p>( trtdjfl Njmkui Fttistawt Rottffdjm Antwrp It Hint LifW 21/1 12/» U S
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      Page 18 Advertisements Column 4
      833 18 5 JBk "BURMESE NATIONAL LINE" Fa E I LOADING F0« RANGOON S'p«l r (atax Pmmi rMM mm/Dhi hiantawtoa*— 11/ a«« is/1? MGM 11/21* U/ll HTOHTOH 31/2 U* BF SSC Ag«nts m Mokiyvo BCXJSTEAD SHIPPING m NOS Kt *****2/*****9 Campamo Argantmi 0# Hmwirf MmiMiMMl S. ILC.I.f "ARGENTINE NATIONAL LIME" LOAOM6 FOR
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      Page 18 Advertisements Column 5
      368 18 mO.S.E. 1 OCEAN SHIPPING ENTERPRISES PTE LTD sji SANKYO LINE JAPAN/STRAITS SERVICE GEKRAL AGENTS OCEAN StVPMG 4 ENTERPtBES fit LTD SMGAPORE TE *****44/7 4 *****70 lUMW TU *****4. *****t AGENTS M MALAYSIA P. KELANG EAST ASM SMPPMC TU JM7B/J/7251 PEMANG NALAYStt TlAff ft TRANSPORT TU 47*13 ft ***** w KARACHI
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      Page 19 Advertisements Column 1
      762 19 SHIPPING TIMES, Wednesday, August 12,1381 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA J KOTASAHABAT 11W/12E 2-3/9 8-S KOTA SAHABAT 13W/14E 8-9/10 13-1 KOTASAHABAT 15W/16E 12-13/11 18-1 Accepting LCL Cargo to Colombo A Aqaba. 22-23/10 26-27/11 SEA Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA u /nrrrro PHUT A IUkDQ *NEP ZIRCON
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      Page 19 Advertisements Column 2
      745 19 BEN LINE CONTAINERS EXPRESS CONTAVCR SERVICE TO/FROM EUROPE Ham Rdam fart* k< 2/9 Hm*w( (iprns 24/9 24/9 29/9 a*y k( B«|W« 3/11 5/10 1/11 from eumk h burg b havin r dam hav« soton to GcMMity/Aastri* Bcnctu Franc* UUK PManj bM UN SjM SM 13/1 SiM SJM SJM S«M 21/1
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      Page 19 Advertisements Column 3
      894 19 1/ Scan Dutch *Q WEEKLY EXPRESS CONTAINER SERVICE B 0Ml« 14 i e PtNAGA ?1 8 b oak i* n i B HMAGA 9 B DM* 11 9 6 PtMAGA 18 9 B OAWIA 25 9 B PIMAGA 1 10 7 9 M 10 9 14 9 15 9 \1
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      Page 19 Advertisements Column 4
      548 19 BOUSTEAD SHIPPING agencies SANTA FE IVYBANK CLYDEBANK SANTA ELENA I ACCEPTING CONTAINERS ONLY) SPORE R'DAM HULL HMBG FE 18 Aug 13 Sep 22 Sep 18 Sep < 2 Sep 28 Sep 1 Oct 6 Oct anK 19 Sep 14 Oct 18 Oct 23 Oct pi fn a 9 Oct 4
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      Page 20 Advertisements Column 1
      785 20 ■»:k LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA no FEtDC* VESSELS* PR SP MOTHER KESSEIS TK I* SE NY Farti Ike lON SM Sid Padßc brow 22/8 1/' Hkaoa Mm 22/8 31/1 KM Mm 22/8 16/9 Hard Sis: *6 13/1 15/1 America Mn 3/9 14/9 Batdai
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      Page 20 Advertisements Column 2
      651 20 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER SERVICE L«a*| tar LOS ANGEIiS. SAN FRANCISCO. SEATTLE. TACOMA. VWCOUKR M. Acteptaf Fa/Fa IMmr i mur is m tai 11 AUSTRALIA EXPRESS CONTAINER SERVICE Accept* Fa/Fa Man VISHVA MAMTA'* VISHV* URUNA VISHVA ADITYA NEW ZEALAND SERVICE tar MOM. trmnOß MUfKTOI «lOUM> li.l»n Fa/Fa CaWn
      651 words
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      Page 20 Advertisements Column 3
      523 20 :r C»roup SINGAPORE SHIPPING AGENCIES PTE LTD 20TM f LOOR OC€ AN BUILDING SING APOHE 0104 MARKE TING 91t1?2 (3 LINES! GENERAL *****1 i') LINES' TERMINAL OFFICE TELEX RS24S9S RS 2SS6B A B CARSMIP CABLE CARGOSMIP ••III! lte«|ioiial Container Lines 11 WEEKLY CONTAINER SERVICE to/from BANGKOK SINGAPORE ISLANDS USE MIDDLE
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      Page 20 Advertisements Column 4
      670 20 KORINS MARITIME SERVICES Room 601. ICB Building, Shenton Way Singapore Tel *****22 *****67 P Keiang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES STORE P. KELANG LOADMG FOR: JINYANG N0.17.. 14 Aug Bandar Abbas/Bandar Khomeni Swl RWO 19 Aug Bandar Khomeni S*W£ leddah/Yanbu SAMMI HERALD 30 Aug Bahrain/Kuwait/Dubai tj iHyundae Shipping Co.
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      Page 20 Advertisements Column 5
      554 20 INTRASEA (PTC) LTD Suite 2616 International Plaza Anson Rn Singapore Q207 Tel *****1 1 (10 JMm-■ i BREftKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE FULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE Sinfipore Losdnf tar: In Pert Hon Koi*/KMtan/Yokoh«m» 26 Au| Honf Kont Redunj Yokohama hppart MM»
      554 words
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      Page 21 Advertisements Column 1
      728 21 NEPTUNE ORIENT LINESLTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A memoff o' ACE Consortium TO EUROPE/UK (VIA SUEZ): K. JACEWON 14N. TW BMKE 7N+ N.MOE3W MERCATOR 24W.... K. JACEJM 11N., Rfl Also accepting cargo to/from Scandinavia TW BRIDGE S'pore Closing Times: FCL Cargo LCL Cargo FROM EUROPE (VIA SUEZ) 1100 17/8
      728 words
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      Page 21 Advertisements Column 2
      474 21 MALDIVE LINES ETA ETA KUANTAN PORT KELANG MALDIVE GRACE 31/8 Loading For Nampo (North Korea) MALDIVE NOBLE 18/8 Loading for Kuwait MALMVE NEIGHBOUR Loading tor Dubai MALDIVE NOVEL 21/8 Loading For Hodetdah MALDIVE MAGE 15/8 Loading For Dubai/Kuwait/ Dammam MALDIVE PEACE 30/8 Loading For Jeddah MALDIVE EXPRESS 15/8 Loading For
      474 words
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      Page 21 Advertisements Column 3
      1041 21 SINSOV SINGAPORE SOVET SHAPING CO PRIVATE LTD SMSOV BWLMRG 55, Martet Street Sinfapore 0104 Telephone Numbers *****3 (10 Lines) Cable Address SJNSOV SMGAPORE Telei Numbers RS ***** RS ***** RS 251 M P KELANG PfftftflT M/S SHARMAT WAN SOON SON. M> IST AND 2NO FLOOR WSSRS HN NO 1. lALAN
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      Page 21 Advertisements Column 4
      66 21 "XX CAMIVJII I IM V—»#—4l k. BULK TIMBER PLYWOOD SERVICES Montana WBl5 iOSep< '3 Sept WBl6 28 Sept 10ct AUTHORITY SHIPPING AND TRADING PTE LTD NAGATUAH AGENS< SDN BHD Ci I' Icv.i >I* I EXPRESS TO BINTU.U $IO LONC SATU (Ml MM) *1 9 SKE LOW SATO (Ml 1M) wy
      66 words
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      Page 22 Advertisements Column 1
      569 22 A antoll lines Independent Later Service FCL Contaams HeaLitis o«ct BU to MKUW miS'GItXK S»W«» '«SMAM< Sat aland SoOrott Sol Tula Sagaiand SoDrott Port 15S/1W ISS/19N 17S/20N lgS/ZIW 19S/22N Saigapore Aug 13 Aug 30 Sept 5 Sept 20 Oct 8 Port Keiang Omits Sept 2 Sept 10 Sept 24 Oct
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      Page 22 Advertisements Column 2
      534 22 ANHSING OVERSEAS LINE REGULAR SEM-CONTMNER/LMR SERVICE S pore ETA ETD Loading for UNON AUCKLAND 14 A*i( 16 Auj M»i» UNON KM6STON 17 Auj *Mah/A»i (ACCEPTWG CONTAfO) STRONGWILL ENTERPRISE (PTE) Ltd 44 UIiMN .0* K»-A[ S!« fIOOR KjW VI, i,vT >l#l HH'i an .-441 IM* 41 Pf MAN AL SHAftMEEN iBANGLADESH
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      Page 22 Advertisements Column 3
      429 22 JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Robe S pore Penang P Kelang Spore Tokyo Kobe NORDSTMW SM SM SJd 13/1 14/1 IC/I 29/8 31/1 NOMMV V 9 SM 10/1 21/1 23/1 24/1 2«/ l 1/9 10/9 MMDSTMV7 29/1 31/t 10/9 12/9 13/9 IS/9 21/9 30/9 (NOTE: NOROBAY LOADS FOR NAGOYA
      429 words
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      Page 22 Advertisements Column 4
      299 22 5J JOHORE SHIPPING 161 lAIAN UNGKU BAOAR PORT MUNG SFlSNf.Ofi MAt AVSifl BINTULU CONTRACTORS SDN. BERHAD 37. Pm4m|W Rud. Kuchiif, Sarawak Tat ***** THei MA ***** Eipreu Car-Carmr/KO-KO Strati to Ea»l Matoyua P Ketang Loading (or BMTU.U NO 1 V: 12/11 12/1 KUOMB/KK BMTULUNO 1 *13/11 24/1 HUOW6/W BBCTU.U NO
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      Page 22 Advertisements Column 5
      227 22 PERKAPALAN LAUT AN MRU SDN. BHD. P O Boa 220 Kota krvabatu Sibah MGULAI UNH SHtVTQ Satoah Sjfiwjk Bangkok Sogaporr Port keiang Vesseh Penang P Wang S pore Loading tor LMJTAH TI6A V.5/11 26 My Sandakan, Tawau LAUTAH RAM VJ/tl 5A* 10 A* KK LAUTAIIIHA VJ/11 11 Ami Sh| KK.
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  • Page 22 Miscellaneous
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      156 22 Regional Weather m r s i 2b sy»i Va Ml > m 35 8 W ILiV 5 r* sr>> c CT* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R, Thunderstorm Temperature °C Weather Wind direction with speed in
      156 words